Charity number: 1097584 **The Trinity Foundation Programme (UK) UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31/03/2023** **Prepared By:** Christian Phipps & Co Suite 5A 30 Dean Street Bangor Gwynedd LL57 1YA **The Trinity Foundation Programme (UK)** **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/03/2023** ## **TRUSTEES** Dr H Kitanaka Ms H Sunada Ms K Sunada Mr R C M Driver ## **PRINCIPAL OFFICE** 51-52 High Street Bangor Gwynedd LL57 1NR ## **CHARITY NUMBER** 1097584 ## **ACCOUNTANTS** Christian Phipps & Co Suite 5A 30 Dean Street Bangor Gwynedd LL57 1UR **The Trinity Foundation Programme (UK)** ## **ACCOUNTS** **FOR THE YEAR ENDED 31/03/2023** ## **CONTENTS** ||Page| |---|---| |Report of the Trustees|3| |Independent Examiner's Statement|5| |Statement of Financial Activities|7| |Balance Sheet|8| |Notes to the Accounts|9 to 13| |Detailed Statement of Financial Activities|14| **The Trinity Foundation Programme (UK)** ## **FOR THE YEAR ENDED 31/03/2023** ## **TRUSTEES' REPORT** The trustees present their report and accounts for the year ended 31/03/2023. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to to the financial statements, and comply with the charity's constitution. ## **LEGAL AND ADMINISTRATIVE INFORMATION** The trustees who served during the year are as stated below: Dr H Kitanaka Ms H Sunada Ms K Sunada Mr R C M Driver Principal office 51-52 High Street Bangor Gwynedd LL57 1NR ## **STRUCTURE GOVERNANCE AND MANAGEMENT** The charity is governed by a declaration of trust dated 1 January 2002, as amended 3 November 2010 and constitutes an unincorporated charity. The trustees are appointed in accordance with the procedures laid down in the trust deed. ## **OBJECTIVES AND ACTIVITIES** The charity's objective is to further the education of students by providing foundation and other courses . ## **ACHIEVEMENTS AND PERFORMANCE** The charity has been able to further the education of overseas students during the year. ## **FINANCIAL REVIEW** The year to March 2023 has been particularly difficult for the charity, as the foreign students for whom it caters have been unable to travel to Wales for the majority of the financial year. However, with the support of various grants, the charity has been able to remain solvent, and meet its liabilities as they fall due. This report was approved by the Board of Trustees on 01/11/2024 Ms K Sunada Truste **The Trinity Foundation Programme (UK)** ## **INDEPENDENT EXAMINER'S STATEMENT** ## **FOR THE YEAR ENDED 31/03/2023** ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE TRINITY FOUNDATION PROGRAMME (UK)** I report on the accounts of the company for the year ended 31/03/2023. ## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER** The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the 2011 Act; - follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and - state whether particular matters have come to my attention. ## **BASIS OF INDEPENDENT EXAMINERS STATEMENT** My examination was carried out in accordance with General Directions given by the Charity Commission. 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 EXAMINERS STATEMENT** In connection with my examination, no matter has come to my attention: - (1) which gives me reasonable cause to believe that in any material respect the requirements: - to ensure proper accounting records are kept in accordance with section 130 of the 2011 Act; and - to prepare accounts which accord with the accounting records, comply with the accounting requirements the Act have not been met; or .............................................. Date: Christian Phipps & Co Limited Suite 5A 30 Dean Street Bangor Gwynedd LL57 1UR **The Trinity Foundation Programme (UK)** **Statement of Financial Activities for the year ended 31/03/2023** |**Income**
Income from generated funds
Income from Investments
Income from charitable activities
**Total** **Income** **and** **endowments**
**Expenses**
Costs of generating funds
Expenditure on Charitable activities
**Total** **Expenses**
**Net** **gains** **on** **investments**
**Net** **Income**
**Gains/(losses)** **on** **revaluation** **of** **fixed** **assests**
**Net** **movement** **in** **funds:**
**Net** **income** **for** **the** **year**
Total funds brought forward
**Net** **funds** **carried** **forward**|**Unrestricted**
**funds**
**£**

-

106,542
**106,542**
97,040

**97,040**
**9,502**

**9,502**
111,178
**120,680**|**Restricted**
**funds**
**£**
-

-
**-**
-

**-**
**-**

**-**
-
**-**|**2023**
**Total**
**£**
-

106,542
**106,542**
97,040

**97,040**
**9,502**

**9,502**
111,178
**120,680**|_2022_
_Total_
_£_
1
107,464| |---|---|---|---|---| |||||107,465| |||||113,926| |||||113,926| |||||(6,461)| |||||(6,461)
117,639
111,178| This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities **The Trinity Foundation Programme (UK)** |**BALANCE** **SHEET** **AT** **31/03/2023**
**Notes**
**FIXED** **ASSETS**
Tangible assets
2
**CURRENT** **ASSETS**
Cash at bank and in hand
**CREDITORS:** **Amounts** **falling** **due** **within** **one** **year**
3
**NET** **CURRENT** **ASSETS**
**TOTAL** **ASSETS** **LESS** **CURRENT** **LIABILITIES**
**CREDITORS:** **Amounts** **falling** **due** **after** **more** **than** **one** **year**
4
**NET** **ASSETS**
**CAPITAL** **AND** **RESERVES**
**Unrestricted** **funds**
General fund
**5**|47,434
47,434
34,457|**2023**
**£**
107,702
12,977
120,679
-
120,679
120,679
120,679|21,804
21,804
19,314|_2022_
_£_
111,625
2,490| |---|---|---|---|---| |||||114,115
2,938| |||||111,177| |||||111,177
111,177| **Approved by the Trustees on 01/11/2024 and signed on their behalf by** ............................. Ms K Sunada Trustee **The Trinity Foundation Programme (UK)** **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31/03/2023** ## **1. ACCOUNTING POLICIES** ## **1a. Basis Of Accounting** The accounts have been prepared under the historical cost convention. The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. ## **1b. Incoming Resources** Incoming resources are included in full in the Statement of Financial Activities when receivable. ## **1c. Resources Expended** Resources expended are recognised in the period in which they are incurred and include attributable VAT which cannot be recovered. ## **1d. Allocation And Apportionment Of Costs** All costs relate to the single activity of the charitable company and are recognised accordingly. ## **1e. Depreciation** Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |Land And Buildings|years
Straight line over 50| |---|---| |Property Improvements|years
Straight line over 50| |Fixtures and Equipment|basis
25% reducing balance| |Computers|basis
33.33% reducing balance| |Motor Vehicles|basis
25% reducing balance| **The Trinity Foundation Programme (UK)** ## **2. TANGIBLE FIXED ASSETS** |**Cost**
At 01/04/2022
At 31/03/2023
**Depreciation**
At 01/04/2022
For the year
At 31/03/2023
**Net** **Book** **Amounts**
At 31/03/2023
At 31/03/2022|**Land/**
**Buildings**

**£**
160,964
160,964
61,162

3,219
64,381
96,583

99,802|**Property**
**Imp's**

**£**
15,540
15,540
5,843

311
6,154
9,386

9,697|**Fixtures/**
**Fittings**
**£**
11,492
11,492
10,479

253
10,732
760

1,013|**Computers**
**£**
5,382
5,382
4,457

93
4,550
832

925|**Motor**
**Vehicles**
**£**
39,500
39,500
39,312

47
39,359
141

188|**Total**
**£**
232,878| |---|---|---|---|---|---|---| |||||||232,878| |||||||121,253
3,923| |||||||125,176| |||||||107,702
111,625| ## **3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Taxation and social security
Other creditors|**2023**
**£**
1,286
33,171
34,457|_2022_
_£_
852
18,462
19,314| |---|---|---| ## **4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR** Bank loans and overdrafts |**2023**
**£**
-
-|_2022_
_£_
_2,938_
_2,938_| |---|---| **The Trinity Foundation Programme (UK)** ## **5. UNRESTRICTED FUNDS** General fund |**Brought**
**forward**
**£**
111,177
111,177|**Incoming**
**resources**
**£**
106,542
106,542|**Outgoing**
**resources**
**£**
**Transfers**
**£**
(97,040)
-
(97,040)
-|**Carried**
**forward**
**£**
120,679
120,679| |---|---|---|---|