The Smith & Pinchlng Charitable Trust Report and Flnanclal Statements For the year endod 30 June 2024 Charity no: 1100486 The Smith & Plnchlng Charitablo Trust Contents Page Legal and administrative Infomiatlon ReFth of the Truste8S Statement of Financial AdlvllSes Balance Sheel Notes forming part of the flnanclal slatements The Smith & Pinching Charitable Trust Legal and administrative infomiation Règistorgd charity name: The Smth & Pir￿hIng Charltable Trust Charity number: 11(M)486 Trust￿.. Mr S B Pinchlng Mr D W Hughff PrI￿1paI offic•.. 295 Aylsham Road NR3 2RY The Smith & Plnchlng Charitable Tn￿t Report of the Trustees for thè year ended 30 June 2024 The Trustees have pleasure in wesenting thelr rep￿¢ and the financial statements of the charity for the yw ended 30 Jun? 2024. Reference and admlnlstrative details Th8 reference and admlnlstratlve dètalls of the charity ar& 8hown on page 1. Trustoos The names of the Trustses who served durlng the year are set out below. Mrs B Plnchl Mr D W Hughff Structurei govornance and management The charity was formed on the 3 November 2003 and 18 an unlncorporated ¢hartty registered vrith the Charity Commbsslon {Reglstration No. 1100486). The charity18 govemed by its Trust Deed. The day to day affairs of the Charity are overseen by the Board of Trustees. The Trustees meet on quarterty basls to conslder wuests for donations. as well as discjjssing cther p)lential reclplents. Where there Ss a need for new T￿￿tees, these are klentmled and appointed by the exlsling Trustees. It is not currently thg intention to appoint new Trustees but should the sltuatlon change In the future. suitable recrTJltrnenl and tralnlng procedu￿$ will be applled. The Trustees rev￿ th8 r18ks of the Gharity on a regular ba818 and have Implemented wllcles arKI procedures lo mltigate exposure to these risks. In addl￿On a revlew of all financial rL8k8 Is undertaken on a regular basLs. Objectlves and activities The objeclfves of the charity are to relieve case$ of need, hardship or distress of persons, to further the education (includlng soclal and physical tralning) of persons, lo further the religious and other charitable work of all Chrtstian denominations or any charlt2ble purposes for the general ben8fft of inhabitants in any part of Norfolk, Suffolk, Cambridgeshlre, Esgex and Hertfordshire. The Trustees have ￿gard to the Charity Commlssbn's publ1¢ benefit guKlance. The Smtth & Pinchlng Charitable Trust hold fundraising events to ralse money whi¢h will be donated to local ¢haritles, projects and other causes whlch meetthe objects ofthe ¢harfty as described a￿ve. Achlovornents and performanc• The Ststemenl of FinanGial Activili8s for the year 18 $el out on page 4 of the financlal statements. A summary of the financial results and the work of the ¢harity is sel below. The surplus1{def￿1tI for the year wa$ £20,026 (2023- (£3.005)) leavlng total funds carried forward of £35,809 {2023- £15.583). The Smith & Pinthing Charltable Trust ha$ Supported 14 (2023 - 15> Gharities duTing the year wlth donatbns ranglr)g from £250 10 £4,075. In total £9,196 (2023 - £5,072) was donaled to a WKle raThJe of local ¢harflie$, projects and other worthy causes durlng thg year. The Smlth & Pinching Charitable Trust Report of tho Trustees for the year ended 30 June 2024- continued Flnancial review The reserves of the charity are unrestricted al the year end and are available for donations and lo meet the costs of running the fundraising activities. 11 is the policy of the charity lo maintain reservos al a level which the Trustees think appmpriate after onsidering the future commitments of the charity and the likely admlnlstrative costs of the ¢harity for the next year. Al the year end the reserves were as follows 2024 2023 General reserve 35,609 15,583 The financial slalements have been prepared in accordance with the Statement of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK IFRS 1021. W8 approve the fin2nci81 statements on pages 4 10 7 and confirm that the accounting records produced conslilule a true and correct record of all the transactions undertaken by The Smith & Pinching Charitable Trust during the year. This report and the financial statements were approved by the Trustees on Z?1, |3)2* signed on their bpha5f by and were r S B Pinching - Trustee The Smith & Plnchlng Charltsble Trust statement of Financial Activities (Incorporatlng a rècelpts and payments account) for the year ended 30 June 2024 Unrestrfcted Funds Total 2024 Totsl 2023 Notes Incoming resources Incomlng resources from charftaNe *livitles Charitable ball Oiher donations. coll￿On$ and fundralsing 54,005 775 54.005 775 1,479 Total Incomlng resources ¥780 54780 2.079 Resourcos oxpondod Charitable actNllies Charfty b811 Donations made 25,520 9.196 25.520 9.196 S,072 Other resources expended 12 Total rosources ex￿nded 34754 34.754 5,084 Net movement in funds 20,026 20,026 13,005) Fund balances brought fO￿ard at 1 Juty 15 583 18,588 Fund balance5 carried forward at 30 Juno 35 609 15 583 The Smith & Pinching Charitable Trust Balance Sheet as at 30 June 2024 2024 2023 Current assets Cash at bank and in hand 35,609 15,583 35,609 15.583 Net current assets 35,609 15,583 35,609 15.583 Funds Unrestricted funds General funds 35.609 15,583 Total funds 35,609 15.583 The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies. The members have not required the company lo obtain an audit in accordanGe with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the roquiremenls of the Companies Act with respect lo accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable lo small companies subject lo the small companies regime and in accordance with FRS102 SORP. The financial statements on pages 4 to 7 were approved by the Trustees on Z? on their behalf by.. I,,Izx+ and signed Mr S B Pinching - Trustee The Smith & Pinchlng Charltable Trust Notes forniing part of tho financial statements for the year ended 30 Juno 2024 1 Accountlng pollcles (a) Basls of preparatlon The charity ¢on$titules a Publ￿ b8n8fit ent￿ as defined by FRS 102. These 8¢¢ounts have been epored under the historical cost convention ￿th Item$ recognl$e(l al ¢>)st or transactlon value unFes$ otherwi56 stated in the relevant notes lo these a¢wints. The financlal $tatemenl$ have been prepared In a¢cordance with th8 Statement of Recommended Practlce: Accounting and Reportiro by Charilles preparing their accounts In aCcOrda￿e wlth the Flnancial Reporting Standard app￿1¢able in the UK {FRS 102) issued on 16 July 2014 and wth the Flnanclal Rewtlng Stsndard applicable in the United Kingdom {FRS 102) arKJ Ihe Charltles A¢1 2011. (b) Fund accountlng General funds are un￿trICted funds bvhlch are available for use at the dIScre￿On of the Trustees In fvrtharance of thè general objectlves of the charity and which have not been designated for other purposes. Deslgnated funds ￿mprISe uTw8stricted funds that have been set ashje by the Trustees for part[￿1¥ purposes. Restricted funds are funds whKh are lo be used In acCOrdar￿ with spectrk restrlctlons imposed by donors or which have been ralsed by the charlty for part￿lar purposes. The co81 of ralsing and admlnlsterlng such funds are charged against the Specif￿ fund. (c) Incomlng resources All Ir￿mIng resourc*s are Induded In the statement of flnarKia a¢lfvllie$ when ￿￿1ved. {d) R•s¢>ur¢es ex￿nded All expenditure is accounted for when pald and has been dassified urKler heading$ that aggregate all costs related lo the category. Where (￿St$ cannot be dire¢Uy atlributed to parti¢ular headings they have b8en allocated to actiwties on a ba$1$ ¢on$istenl with use of the ￿$¢UrCes. The Smlth & Plnchlng Charltable Trust Noto8 fornilng part of the financlal statèments for the year ended 30 Juno 2024 Donati¢)ns mado 2024 2023 Break ENYP Norfolk and NO1￿Ch SEND Association Ormlslon F8mllie8 Norfolk Deat Asscdatk)n Swan Y￿jIh ProJe¢l {N¢)rfdk} Ltd Aylsham Communty Gym FrK8nds of Ghost Hlll Sprovtston Nursery Playgroup st Edmunds Scdety Aylsham and DislriGI Care Trust Norwich Samarftans KKIS Insplre Norfolk and No*wch Hospitals Charity Macmlllan Cancer Support Aylsham and Di$lriGI CaTe TNst Meadowgale A¢ademy Sl Edmunds Scoety Able 2B Grace Howes Norfolk SEN Network Hearing Dogs for Deaf People Norfolk commun￿ Law SeNices North Norfolk Community TraDSPOrt East Angllan Ar Ambulance PHEOBE Teenage Carw Trust Norfolk & Wave 250 250 250 .250 500 500 250 250 250 250 72 500 250 250 250 250 435 4(Kl 4.075 Total donatlons mado 9,196 5,072 Other resources oxpended 2024 2023 Bank charges 12 Rolatod party transactions and donatad fa¢llltles Mr S B Plnching and Mr D W Hughff (Truslees) are directors olThe Smfth + Pinchlng Group Limited whlch donates Staff time and other res(wr¢es to assIst￿th the njnnlng and day to day admlnlstralk of the charity. Such ¢08ts have not been Included In th8 finandal siatements as thelr value cannot be qUant￿e1. Trustees. remuneratlon The Trustees have neither received nor walved ary omolumenls or exp8nses durirvj the current or previous year. The Smith & Pinching Charitable Trust Ultlmata controlllng party The ¢harfty Is ¢￿trOlled by th8 Bowd of Trustees.