## **Trustees' annual report for the period**
Period start date Period end date Day Month Year Day Month Year **From** 06 04 2022 **To** 05 04 2023
## Reference and administration details
**Charity name**
THE KRIKORIAN CHARITABLE TRUST
|**Other names charity is known by**
**Registered charity number (if any)**
**Charity's principal address**|||
|---|---|---|
||1093486||
||THE SHEILING||
||PYRFORD HEATH||
||PYRFORD
SURREY||
||**Postcode**|GU22 8SS|
**Names of the charity trustees who manage the charity**
|1
2
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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||||
||||||
||||||
||||||
||||||
||||||
||||||
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||||||
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**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**|**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
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## **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 **activities in relation to these** BASED IN 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
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## Achievements and performance
**Summary of the main achievements of the charity during the year.**
~~The char~~ ity was able to send £37,537 ($44,250) to Orran, a children’s charity in Armenia. In addition to these payments, a further payment of £4,156 was made to other charities. Total payments made into the trust amounted to £31,015 of which £105 were from bank interest and Amazon Smile and £8,750 from recovered taxes for the period 2021-2022. The trust holds £9,513 of unrestricted funds at year end.
Obviously, covid restrictions/lockdowns and covid related uncertainties restricted our fund-raising from Annual Gala’s in both Armenia and USA but brought about a welcome increase in new donations due to heightened awareness of everyone’s vulnerability to covid.
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## **Financial review**
**Brief statement of the charity’s policy on reserves**
WE HOLD UNRESTRICTED FUNDS OF £9513 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** 9 November 2023
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## **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 2023 **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:** 9 November 2023 **Name:** CHRISTOPHER ALLEN **Relevant professional qualification(s) or body** ACEA **(if any): Address:** APLUS FINANCIALS 71 LOWER STREET, PULBOROUGH 2134, WEST SUSSEX RH20 2AY
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## **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** .
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||**Charity Name**
THE KRIKORIAN CHARITABLE TRUST
10|**Charity Name**
THE KRIKORIAN CHARITABLE TRUST
10|**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|**No (if any)**
93486|**No (if any)**
93486|**CC16a**|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||
||**for the period**||Period start date
06/04/2022||**To**
05/|Period end
date
04/2023|||||
||Charity Name||||||||||
|**Section A Receipts and payments**|||||||||||
|**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
_-_
**-**
_-_
_-_
91
39856
31015
39856
5267
43478
8750
-
595
37537
-
79||**Restricted funds**
**to the nearest £**
_-_
_-_
_-_
_-_
_-_
**-**
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_||**Endowment**
**funds**
**to the nearest £**
_-_
_-_
_-_
_-_
_-_
_-_
_-_
**-**
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_|||**Total**
**funds**
**to the**
**nearest £**
**-**
_-_
_-_
31015
39856
39856
5267
43478
8750
-
595
37537
-
79
91||**Last year**
**to the nearest**
**£**|
|DONATIONS|31015|||||||||35020|
||||||||||||
|TAX RECOVERED|_-_
8750|||||||||2500|
||||||||||||
||||||||||||
|INTEREST|91|||||||||
2|
|**_Sub total_**|
39856|||||||||37522|
|**A2 Asset and investment**
**sales, etc.**
**_Total receipts_**
**A3 Payments**|||||||||||
|||||||||||**-**|
||||||||||||
|||||||||||37522|
||||||||||||
|DONATIONS PAID|
5267||||_-_|||5267||1656|
||-||_-_||_-_|||-||-|
|~~ORRAN WEBSITE~~|||_-_||_-_||||||
|ORRAN NEW CENTER|-||_-_||_-_|||-||-|
|ORRAN CENTRES|37537||_-_||_-_|||
37537||40200|
|BANK CHARGES|79||_-_||_-_|||79||~~103~~|
|ACCOUNTANCY|_-_
595||_-_||_-_|||_-_
595||560
|
||||_-_||_-_||||||
||_-_||_-_||_-_|||_-_|||
|**_Sub total_**|43478||||_-_|||43478||42519|
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|**A4 Asset and investment**
**purchases, etc.**
**_Total payments_**||||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||||
||||||||||42519|
|||||||||||
|**_Net of receipts/(payments)_**
**A5 Transfers Between**
**Funds**
**A6 Cash funds last year**
**end**
**_Cash funds this year end_**|( 3622)||||_-_||( 3622)||( 4997)|
||_-_||_-_||_-_||_-_||_-_|
||13135||||_-_||13135||18132|
||9613||_-_||_-_||9513||13135|
|**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**
9513
9513
Print name
A.M. KRIKORIAN||**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
9 November 2023||**Endowment**
**funds**
**to nearest £**|
||||||||||**-**|
||||||||||**-**|
||||||||||**-**|
|||||||||||
||||||||||**-**|
||||||||||**-**|
||||||||||**Current value**
**(optional)**|
||||||||||**-**|
||||||||||**-**|
||||||||||**Current value**
**(optional)**|
||||||||||**-**|
|||||||||||
||||||||||**-**|
||||||||||**When due**
**(optional)**|
|||||||||||
|||||||||||
10