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Charity No: 1102742
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The RV, E & H Moon * , . Charitable Trust Trustees’ Report and Accounts
For The Year Ended § Apri} 2021
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G mha_ MOORE & SMALLEY
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THE RV, E & H MOON CHARITABLE TRUST
TRUSTEES’ ANNUAL REPORT FORTHEYEARENDED5SAPRIL 2021
The trustees have pleasure in presenting their report and the unaudited accounts of the charity for the year ended 4 April 2021. The trustees have adopted the provisions of the Statement of Recommended Praciice {SORP} “Accounting and Reporting by Charities” in preparing the annual report and financial statements of the charity.
Structure, governance and management
The trust was established under the terms of the last Will of Edith Moon dated 25 May 2001, It is a registered charity with the Charity Commission,
Tha lrusiees who have served during the period are set oul on page 1. Trustees are appointed by the continuing trustees of the charity. The trustees meet at least once a year.
New Trustees may be appointed within the provisions of the Trustee Act 1925.
Objectives and activities for the pubic benefit
The objectives of the Trust are to apply the income and capital for the furtherance of such charitable objects or purposes as the trustees shall fram time to time think ft, The Trust is subject to the Standard Provisions of the Society of Trust and Estate Practitioners (1° Edition).
The Trustees seek to support charitable organisations and confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Trust's aims and objectives and in planning future activities and setting the grant making policy for the year.
Achievements and performance
During the year the Trust continued to meet Its objectives by making 26 grants to local organisations, details of which are in note 5 of the accounts.
Financial review and investmant policy
The details of the charity's incorme and expenditure for the period and its net assets at 5 April 2021 are on pages 5 and 6 of the accounts. in summary, the charity generated income of £25,922 in the year to fund expenditure of £35,249. In addition, the net realised and unrealised gains on investments totalied £141,381.
There are no restrictions on the charity's power to invest. The investment strategy is reviewed regularly by the trustees and takes accuunt of the demand for funds.
Reserves policy
ltis the normal policy of the charily to maintain at least sufficient funds to cover management and administration costs,
At 5 April 2021, £762,168 was held in the capital fund to generate future invesiment incame.
At 5 April 2021, a deficit of £1,690 was held in the income fund. It is haped income generation will increase so that the fund can used for future grant applications and management and administration costs.
Risk management
The trustees have assessed the major risks which may arise in the conduct of the charity and will monitor these annually.
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: THE RV, E & H MOON CHARITABLE TRUST i TRUSTEES’ ANNUAL REPORT
Plans for future periods
The Trustees plan to apply income for the provision of grants of charitable objacts or purposes as appropriate, This report was appraved by the trustees on... /1¢.,22, 1. and was signed on their behalf by:
vaceereenenntessnes petit sees peaegpayeae JDGbby Hinoblitfe & vn'cben!- Chairmanom of the Trustees
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THE RV, E & H MQON CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
FORTHE YEAR ENDED SAPRIL 2024
| report lo the charity trustees on my examination of the accounts of the charity for the year ended 5 April 2021 which are set out on pages 5 ta 11.
Responsibilities and basis of report
As the charity's trustees you are responsible for iha preparation of the accounts In accordance with lhe requirements of the Charities Act 2017 (‘the Act’),
| raport in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)}(b} of the Act.
independent examiner's statement
f have completed my examination. | carfirm that no material matters have come to my attention in connection with the examination giving me cause to beHeve that in any material respect:
- accounting records were not kept in respect of the charity as required by section 130 of the Act; or Z. the accounts do nol acenrd with those recards; or 3. the accounts do nol comply with the applicable requirements concerning the farm and content of accounts set out in the Charities (Accounts and Reports} Regulations 2008 other than any requirement that fhe accounts give a ‘true and fair view’ which is not a malter considered as part of an independent examination.
| have no concerns and have come across no other matters in connection with the examination to which atiention should be drawn in this report In order to enable 4 proper understanding of the accounts lo be reached,
Tliceta. TY Lason
Nicola Masen FCA, DChA MHA Moore and Smalley Preston
et tt rer FERNS Srey fr yer
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THE RV, E & H MOON CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
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|Totat|Total|
|Unrestricted|Unrestricted|Funds|Funds|
|Income|Capital|2021|2020|
|Note|E|£|E|£|
|income|from:|
|Invesiment iricome|3|25,922|.|.|26,922|32,610|
|Total|income|25,922|~|28,922|32,610|
|Expenditure|on:|
|Charitable|activities|5|28,952|~|28,952|30,826|
|Cost|of|raising funds|4,|3,148|3,149|6,297|4,838|
|Total|expenditure|32,100|3,149|96,249|35,664|
|Net gains/(losses)|on|investments|To|844,381|144,381|(112,151|
|Net income/(expenditure}|_|(6,178)|138,232|132,054|(115,205)|
|Reconciliation|of funds:|
|Total|funds|brought forward|4488=|«625,936|828,424|743,829||
|Total funds|carried|forward|(1,690)|762,168|760,478|628,424|
----- End of picture text -----
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THE RV, E & H MOON CHARITABLE TRUST BALANCE SHEET
ASATSAPRIL2007
we
| 2024 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Note | £ | £ | £ | £ | ||||
| Fixed assets | ||||||||
| investments | 7 | 744,268 | 603,029 | |||||
| Current assets | ||||||||
| Debtors | 3,155 | 3,691 | ||||||
| Cash at bank | 19,411 | 21,591 | ||||||
| a | ||||||||
| 22,266 | 25,282 | |||||||
| Creditors: amounts falling due within one year |
8 | ___ (6,056) | i | __(4,887) | ||||
| Nee current assets | 16,210 | 20,395 | ||||||
| Net assets | 760,478 | $28,424 | ||||||
| Funds | ||||||||
| Unrestricted | - Income | (1,690) | 4,488 | |||||
| ~ Capital | ___ 762,168 | 623,936 | ||||||
| Total funds | 760,478 | 628,424 | ||||||
| These accountswere approved and authorised | forissue bythe trusteesan lak | Qydebier | Benet | and | ||||
| are signed on their behalfby: | ||||||||
| A | ’ | |||||||
| hdr, Hickwif>: IDGHinchlffe.” — |
ee MPrentice |
Ce | > |
Fa A Nuttall
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| !| ‘ THE RV, E & H MOON CHARITABLE TRUST NOTES TO THE ACCOUNTS
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4 The financlal statements have been prepared to give @ ‘true and falr view and have departed frorn the 7 Charities (Accounts and Raports) Regulations 2008 only to the extent required to provide a ‘true and fair } view’, This departure has involved following the Accounting and Reporting by Charities: Statement of ‘ Racommended Practice applicable to charities preparing thelr accounts in accordance with [he i Financia! Reporting Standard applicable In the UK and Republic of freland Issued in October 2019 ‘ rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective | from 4 April 2008 which has since been withdrawn, ; i t The financial statements are prepared on a going+ concern basis. under the historical: , cost convention,+ 5 modified to Include certain items at fair value. The financial statements are presented In sterling which ; is the functional currency of the charity, : The significant accounting policies applied in the preparation of ihese financial stataments are set aut below. These policies have been consistently appiied to all years presented unless otherwise stated. i ; Investments and investment income } sE Investments are stated at market value as provided by Canaccord Ganuity. : Investment income is credited to the Income fund on an accruals basis. : Resources expended Grants ara accounted far when approved, All grants approved had been paid at the year end. i Other expenditure, inclusive of VAT, ts charged on an accruals basis and allocated between the income ; and capital funds, as appropriate. i Funds : Ail funds are unrestricted and are available far use at the discretion of the trustees in furtherance of the ; general objectives of the charity. : Financial instrumenis ; Financial instruments are classified and accounted for, according to the substance of the contractual j arrangament, as financial assets, financial Habilities or equity instruments, An equily instrument is any : contract that evidences a residual interest of the charity after deducting alt of its liabilities.
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1 Accounting policies
Legal form
The trust is a registered charity, established tinder the last will of Edith Moon dated 25 May 2001,
Basis of accounting
The financial slatemients have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporling Standard applicable in the UK and Republic of Ireland published In October 2019,
The charity constitutes a public benefit entity as defined by FRS 102.
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THE RV, E & H MOON CHARITABLE TRUST NOTES TO FHE ACCOUNTS FORTHE YEARENDED SAPRIL 2024
1 Accounting policles (continued)
Preparation of the accounts on a going concern basis
The trustees are required to assess whether the use of goirig concern is appropriate, le whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charily ta continue as a gaing concern. The Trustees make this assesament in respect of a period of at least one year fram the date of authorisation of the accounts. The Trustees have considered the impact of tha Government measuras to combat the spread of the corona virus and do not consider that they will hava a significant impact on the operation of the charity. The maiorily of the expendiure of the charity is al the discretion of the Trustees and tha charity also has sufficient reserves to offsel any potential reduction in Investment Income. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure Is sufficient with the level of reserves for the charity, therefore the Trustees continue to adapt the going concern basis of accounting in preparing the financiat statements.
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2 Judgements and key sources of estimation uncertainty
There have been no significant jucgements (apart from those involving estimates) made in (he process of prapating the financtal staternents.
There have baen no key assumptions concering the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year,
3 investmant income
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| 2021 | 2020 | ||||
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| £ | £ | ||||
| Hargreave Hale porifollo dividends | 25,918 | 32,042 | |||
| Hargreave Hale portfolio interest | - | 9 | |||
| M&6 Charifunds | - | 650 | |||
| National Savings & Investment interest | 4 | iS] | |||
| ~25,922 | ~~32,610 | ||||
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| All income in the currant and prior year related to unrestricted | Incame | ||||
| funds. | |||||
| Costof raising funds | |||||
| 2021 | 2020 | ||||
| Incame | Capital | Tatal | Total | ||
| £ | £ | £ | £ | ||
| Investment management charges | 3.148 | _ | 3,149 | §,297 | 4838 |
Cost of raising funds
In the prior year £2,419 related to income funds and £2,419 related to capital funds.
NNTT SST? srr SSS SSSA yu SSS sis
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THE RV, E & H MOON GHARITABLE TRUST NOTES TO THE ACCOUNTS FORTHE YEAR ENDED SAPRIL 2029
| 5 | Charitable activities | ||||||
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Grants | Unrastrictad Income £ |
Unresirleted Capital E |
Unrestricted Unrestricted Total2021 Total 2020 £ £ |
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{1PillingBrownies 2n3 Freesail Brownies BrianHouseChildren'sHospice |
600 600 1,006 |
- - - |
600 600 1,008 |
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| DrSlephan Musgrave | - | - | - | 575 | |||
| j | Eagiand HighSchool Premises | 400 | ” | 400 | . | ||
| Barstang AmatauySwimming Clut | 500 | - | 500 | 500 | |||
| i | Gatden Ball Soclal Club | - | " | - | 500 | ||
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Hambleton Bowling Club Huckinbery’s Nursingand Pre-School Lyrles aedLunch |
. 500 350 |
- - > |
- 500 350 |
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| Out Rawaliffa Bowling Club | 800 | - | 800 | BOLI | |||
| i | OvarWyre Art Soclaty | AGO | . | 400 | : | ||
| } | OverWyreLadies Club | 250 | : | 250 | - | ||
| OvarWyre Social and Activity Glub | - | : | - | 400 | |||
| { | OverWyre Brass | 500 | - | 500 | 500 | ||
| QvarWyreWhit and Dominoes | 250 | - | 250 | - | |||
| i | OverWyre Probus | (250) | - | (250) | > | ||
| Pilling Coffea Feast | . | - | . | 4,600 | |||
| : | Pilling Jubilee Silver Band | 1,000 | - | 4,000 | 1,000 | ||
| Pilling Memorial Hall | 1400 | - | 4,500 | 1,159 | |||
| i | FillingMethodist Church | 750 | - | 750 | . | ||
| i | Pilling Parish Council | 1,006 | - | 4,000 | 4,375 | ||
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PillingReudingRoom Pilling StJohns©ofEPrimary Scinol PreedallBowling Club |
1,800 500 BOO |
- - . |
1,500 500 500 |
2,000 859 500 |
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| : | Preasall Fleetwood's Charly Primary Schou! | 4,000 | - | 4,008 | . | ||
| i | StAidan’sAssociation | 1,500 | 7 | 4,600 | 1,500 | ||
| t | StAidan’sG of B High Schcol | 4000 | - | 4,000 | 1.500 | ||
| i | StJoha The Baptist Church Pilling | - | . | - | 1.460 | ||
| i | &tJohnthe Baptist Girls Friendly Society | - | - | . | 800 | ||
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St Osweld’s ParishChurch StOswaid’s Dramatists |
“ BO |
- - |
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900 295 |
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StWidlain's Catholic Primary School Sparklers Nursary |
1,250 - |
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1,250 . |
- Bod |
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Stalmine Village fall Sialmina wilh Staynall Resideats |
1,000 400 |
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1,600 305 |
800 295 |
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| : | Cockerham Bowling Club | - | - | . | GOG | ||
| i | Wyre Jualors FootballClub | 1,506 20,700 |
a er |
1,500 20,700 |
- 33,740 |
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| i | Legalangprofeas:naalfees | 8,00 | _ - |
6,000 | 5,900 | ||
| i | Trusivas’ axpenses | eoG | - | 300 | ado | ||
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Governance costs: Accounlancy dnd Independant |
exarnination | 4,452 | - | 1,452 | 1,586 | |
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| i Total 28,952 - 28,952 30,826 |
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| | | agement ttsttc nae “paar |
ekg oRel ii I REee |
aE eet |
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All prior year expenditure relates to unrestricted Income funds,
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THE RV, E & H MOON CHARITABLE TRUST
NOTES TC THE ACCOUNTS FORTHEYEAR ENDED SAPRIL 2 0 27 , ce
| 6 | Net incoming resources | ||||||||
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| 2021 | 2020 | ||||||||
| Total | Total | ||||||||
| £ | F | ||||||||
| Nel incoming resources is | aftercharging the following: | ||||||||
| independent examination fee (exclusive | afVAT) | 1,452 | 1,386 | ||||||
| 7 | Investments | ||||||||
| Market | Market | ||||||||
| value at 6 April 20260 |
New Investment |
Diaposats re. organisations |
Changa la yalue |
valueat 5April 2024 |
Coastal 5 April 2024 |
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| E | £ | E | £ | £ | £ | ||||
| Gi unit (rust, CEM's & |
434,362 | 17,500 | ~ | 13,898 | 166,964 | 147 BAO | |||
| domestic borids UKequities Overseas equities |
308.505 57,765 |
120.449 31.000 |
(69,942) (15,2263 |
103,492 20,252 |
462,504 95,791 |
350,210 63,768 |
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| Feroign bonds | » | - | - | - | “ | - | |||
| Preference shares | rr | 3838 | 48,185. | . | 5,793 | ||||
| Sub-lotal | 513,159 | {68,940 | {83,168} | 141,384 | 740,321 | $75,660 | |||
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| Canaccordcaah | 94,872 | BAT | 8 AT | ||||||
| 608,031 | 744,268 | 579,809 | |||||||
| 3 | Creditors: amounts falling due within one year | ||||||||
| 2021 | 2020 | ||||||||
| Total | Total | ||||||||
| £ | £ | ||||||||
| Accruals | a51956 | 4,887 |
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THE RV, E & H MOON CHARITABLE TRUST
NOTES TO THE ACCOUNTS FORTHE YEAR ENDED SAPRIL 2027 0
9 Related party transactions
There are no related party transactions.
10 Trustees’ remuneration and expenses
No remuneration has been paid to trustees for their services as (rustees,
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Trustees’ expenses of £800 (2020: £800) was paid during the year in respect of out of pockol expenses.
11 Taxation
The Trust is a registered charity and consequenily there is no liability to taxation.
12 Prior year movement in funds
| i Brought Incoming Rosources Losses on Carried ; forward at resources expended investments forward at 5 6 April 2019 April 2020 i ;Urrastrictad incame 8,123 32,610 (33,248) : 4,488 Unrestricted capilat 738,508 - {2,419} (112,154) 623,936 Tolal funds ——_—vvrvee ee ; 243,629 42,610 (46,864) 412,154] 628,424 All prior year nel assets relate to unrestricted funds. : { : i
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