2022-04-05-accounts - The Krikorian Charitable Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees' annual report for the period

Period start date Period end date Day Month Year Day Month Year From 06 04 2021 To 05 04 2022

Reference and administration details

THE KRIKORIAN CHARITABLE TRUST

Charity name Other names charity is known by Registered charity number (if any) 1093486 Charity's principal address THE SHEILING PYRFORD HEATH PYRFORD SURREY Postcode GU22 8SS

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	KRIKOR VAHNE KRIKORIAN
	ANNA MARGARET KRIKORIAN
	SARA HOLLINGSHEAD
	CHARLES DANIEL GIBSON
	KRIKORIAN ALAN

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year Names and addresses of advisors (Optional information) Type of advisor Name Address	Name	Dates acted if not for whole year



Bank	CAF CASH LTD	P.O. BOX 289, WEST MALLING. KENT ME19 4TA

Name of chief executive or names of senior staff members (Optional information)

Structure, governance and management

Description of the charity’s trusts

Type of governing document DEEDS DATED 2 APRIL 2002

(eg. trust deed, constitution)

How the charity is constituted ASSOCIATION CONSISTING OF FOUR MEMBERS . (eg. trust, association, company) TRUSTEES ARE APPOINTED OR REAPPOINTED ANNUALLY Trustee selection methods (eg. appointed by, elected by) AT THE ANNUAL GENERAL MEETING.

(eg. trust, association, company)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

Policies and procedures adopted for the induction and training of trustees
The charity’s organisational structure and any wider network with which the charity works
Relationship with any related parties
Trustees’ consideration of major risks and the system and procedures to manage them

Objectives and activities

THE TRUSTEES SHALL HOLD THE CAPITAL & INCOME OF THE TRUST FUND UPON TRUST TO PAY OR APPLY THE INCOME AND ALL OR ANY PART OR PARTS Summary of the objects of the OF THE CAPITAL TO OR FOR SUCH EXCLUSIVELY. charity set out in its CHARITABLE OBJECTS OR PURPOSES IN ANY PART governing document OF THE WORLD AS THE TRUSTEES MAY IN THEIR DISCRETION THINK FIT.

Summary of the main THE TRUST HAS AN ANNUAL COMMITMENT IN THE REGION OF $50,000 (at exhange rate $2 to £1) TO ORRAN, A CHARITY BASED IN activities in relation to these ARMENIA, FOR THE RUNNING OF CHILDREN'S HOMES. objects Reserves are maintained in order to ensure that this annual commitment can be met.

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

Policy on grantmaking
Policy programme related investment
Contribution made by Volunteers

Achievements and performance

Summary of the main achievements of the charity during the year.

The charity was able to send £40,200 ($53,474) to Orran, a children’s charity in Armenia. In addition to these payments, a further payment of £2,318 was made to other charities. Total payments made into the trust amounted to £37,522 of which £22 were from bank interest and £2,500 from recovered taxes for the period 2020-2021. The trust holds £13,135 of unrestricted funds at year end.

Obviously, covid restrictions/lockdowns restricted our fund-raising from annual gala’s in both Armenia and USA but brought about a welcome increase in donations due to heightened awareness of everyone’s vulnerability to covid 19.

Financial review

Brief statement of the charity’s policy on reserves

WE HOLD UNRESTRICTED FUNDS OF £13135 AT THE YEAR END.

Details of any funds materially in deficit

NOT APPLICABLE

Further financial review details: (Optional information)

You may choose to include additional information, where relevant about:

The charity’s principal sources of funds (including any fundraising).

COMPLIANCE WITH LEGISLATION

The financial statements comply with all current relevant legislation, including the Charities Act 1993,

the Statement of Recommended Practice “Accounting and Reporting by Charities” (SORP (FRS 102)) together with Update Bulletin 1 issued by the Charity Commission, and the requirements of the Scheme as approved by the Charity Commission.

How expenditure has supported the key objectives of the charity.
Investment policy and objectives including any ethical investment policy adopted.

Other optional information

FUTURE PLANS

~~There are curre~~ ntly plans in the next tax year to fund the yearly payment of up to $50,000 to Orran towards the operating costs of the two centers, namely Yerevan and Vanadzor.

Declaration

DECLARATION

The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity ~~’s trustees~~ Signature(s)

Full name(s) ANNA MARGARET KRIKORIAN Position (eg secretary, chair, TRUSTEE etc)

Date 7 November 2022

Independent examiner's report on the accounts

Report to the trustees/ Charity Name THE KRIKORIAN CHARITABLE TRUST members of On accounts for the year 5TH APRIL 2022 ended Set out on pages 9 AND 10 Respective The charity's trustees consider that an audit is not required for this year responsibilities of (under section 43(2) of the Charities Act 1993 (the Act)) as amended by s.28 of the trustees and examiner Charities Act 2006, and that an independent examination is needed. It is my responsibility to • examine the accounts (under section 43 of the Act), • to follow the procedures laid down in the General Directions given by the Charity Commission (under section 43(7)(b) of the Act), and • to state whether particular matters have come to my attention. Basis of independent My examination was carried out in accordance with General Directions given examiner’s statement by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts. Independent In the course of my examination, no matter has come to my attention examiner's statement 1. which gives me reasonable cause to believe that in, any material respect, the trustees have not met the requirements to ensure that: • proper accounting records are kept (in accordance with section 41 of the Act); and • accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached . Date: Signed: 7 November 2022 Name: CHRISTOPHER ALLEN Relevant professional qualification(s) or body ACEA (if any): Address: APLUS FINANCIALS 71 LOWER STREET, PULBOROUGH 2134, WEST SUSSEX RH20 2AY

Disclosure section

Only complete if the examiner needs to highlight material problems.

Give here brief details of NONE TO REPORT any items that the examiner wishes to disclose .

	Charity Name THE KRIKORIAN CHARITABLE TRUST 10	Charity Name THE KRIKORIAN CHARITABLE TRUST 10	Charity Name THE KRIKORIAN CHARITABLE TRUST 10	No (if any) 93486	No (if any) 93486	CC16a

	for the period	Period start date 06/04/2021	To 05/	Period end date 04/2022
	Charity Name
Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ - - - - 2 37522 35020 37522 1656 42519 2500 - 560 40200 - 103	Restricted funds to the nearest £ - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - -		Total funds to the nearest £ - - - 35020 37522 37522 1656 42519 2500 - 560 40200 - 103 2	Last year to the nearest £
DONATIONS	35020					10000

TAX RECOVERED	- 2500					2500


INTEREST	2					11
*Sub total*	37522					12511
A2 Asset and investment sales, etc. *Total receipts* A3 Payments
						-

						12511

DONATIONS PAID	1656		-		1656	1300
	-	-	-		-	100
~~ORRAN WEBSITE~~		-	-
ORRAN NEW CENTER	-	-	-		-	-
ORRAN CENTRES	40200	-	-		40200	19898
BANK CHARGES	103	-	-		103	~~69~~
ACCOUNTANCY	- 560	-	-		- 560	540
		-	-
	-	-	-		-
*Sub total*	42519		-		42519	21907

A4 Asset and investment purchases, etc. *Total payments*

					21907

*Net of receipts/(payments)* A5 Transfers Between Funds A6 Cash funds last year end *Cash funds this year end*	( 4997)		-	( 4997)	( 9396)
	-	-	-	-	-
	18132		-	18132	27528
	13135	-	-	13135	18132
Section B Statement of assets and liabilities at the end of the period
Categories Details B1 Cash funds *Total cash funds* (agree balances with receipts and payments account(s)) B2 Other monetary assets B3 Investment assets B4 Assets retained for the charity’s own use B5 Liabilities CASH AT BANK Signed by a trustee on behalf of all trustees Signature			Unrestricted funds to nearest £ - - Fund to which asset belongs Fund to which asset belongs Fund to which liability relates 13135 13135 Print name	Restricted funds Endowment funds to nearest £ to nearest £ - - - - - - - - - - Cost (optional) Current value (optional) - - - - Cost (optional) Current value (optional) - - - - - Amount due (optional) When due (optional) - Date of approval	Endowment funds to nearest £
					-
					-
					-

					-
					-
					Current value (optional)
					-
					-
					Current value (optional)
					-

					-
					When due (optional)

----------------------- A.M. KRIKORIAN 7 November 2022