REGISTERED CHARITY NUMBER: 1103087 ort of tht Trustees and Unaudited Fingnei41 StAtemeni$ f r the Year Ended 31 Deeember 2022 for LAURIE & GILLIAN MARSH CHARITABLE TRUST McPher50ns Walpole Harding Chartered Certified Accountants Telecoin House 125-135 Pre%ion Road Brighton E851 Sussex BNI 6AF
LAURIE & GILLIAN MARSH CHARITABLE TRUST Cont¢iJts of the Financial Statements for ihe Year Ended 31 December 2022 Page Report of the Trustees Independent Examiner's Report Stateent of Financial Actii'ities Balance Sheet Notes to the Financial Staternents Detailed %tAtement of Finantial Activities 12
LAURIE & GILLIAN MARSH CHARITABLE TRUST ort of the'I'ru5tee5 for the Year Ended 31 Deternber 2022 The rrustees preseni their report with Ihe financial statements of the charity for the vear ended 31 December 2022. The trustees hawe adopred tlie provisions of Aecouniiiig aiid Reportin8 by Charities.. Statetneni of Re¢oiiiinended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the and Republic of Ireland IFRS 1021 letfective l January 20191. OWECTIVES AiYD AcfiviTIES Objectives And aim5 The objeci lor which the charity 15 established is IL> promote any exclusive charitable purpose that the Trustees in their absolute discretion may from time to tirne determine by the provision nf grani funding to registered charities including but not litnited tu thv5e whose objects are.. al the preservation and protection of thc natural environmenL b} the preservaiton and proreciion of oood health ill particular of women in ihe third world, ¢} the advancement of edllcaiion of the public in the aris. and d) Ihe conservaiion of wildlife. Significant actlVLtLes During the year the charity coniinued wilh its activities. When plannin(T the acliviiies for the year, the Trustees consider Ihe Chariry Commission's guidance on public benefit and in particular the specific guidance on charitie5 for the preservation and protection of the natural environmeni and good health and the advancement of education. In particular Ihe ¢hariry provides granis 10 registered charities in furthtranLe vf Ihes¢ ubjectives. FINANCIAL REVIEW Principal funding sources The principle fundingT 5(iurL¢s in the year 10 31 December 2021 for the charity are derived from Lhariiable donarions and rental incotne from investment property. This coupled wilh sound financial management and staff supwn has enabled Ihe charity io mainiain irs position and charitable aclivit).. Reserves policJ' The trustees consider ihat ihe chanry's reserves are adequate to meei ils day io day expenditllre and in the eveni of a shortfall they have access to sutlicient resources io me¢1 any deficit. In this respect. they do not consider it necessary to set a IniniTnum as the Cliarity's free reserves. Going concer The charity is considered to be a going Concern and the aecollnts have been drawn up on that basis. STRUCTURE, GOVERIYANCE AND MANAGEMEf4T Governing doeumtnt The chariiy is controlled by its governing document. o deed of trust and constitutes an unin¢orrrt)rdted charity. The charity is a registered charity, number 1103687. and wa5 established by a deed of tswst date 9 March 2004 and a suppleinenlal tru51 deed dated 14 April 2UI4. Recruitment and appointment of new trustees No one shall be eniiiled to aci as a trustee whether on appoiniment or on any re-appointmenr as'fruslee until he or she has expressly acknowledged, in whatever way5 th¢ Trustees decide. his OT her acc¢ptanee ol'the oltic¢ ot. Irustee ol'ihe Chaiity. If a vacancy occurs. the Trustees must note th¢ fact in the minutes of their next meeting. Any eligible TIVee may be re-appointed. Pag¢ I
LAURIE & GILLIAN MARSH CHARITABLE TRUST Re ort of the Trustees for the Year Ended 31 December 2022 STRUCTURE. GOVERNAIYCE AND MANAGEMENT Organi5atiOnY41 striicture The administration of the charity is undertaken bv rhc TTusiees. The Trustees Tnusi hold at least two ordinary meetings each year, one of which must involve ihe physical presence of those Tnjstees who attend the meeting. Risk m8nAgern¢nt The trustees have a duty io identify and review the risks to which the chariry is ¢xposed and to ensure appmpriaie controls ar¢ in place 10 provide reasonable assurance against fraud and error. Any Investrn¢nt project undertaken by the charity is apprai%ed f()r its ri_qk to the charity before being undertaken and only those projects that uuarantee a minimum rern are undertaken. As such. any investment project undertaken will (¥nly be carried out where there is no appar¢ni risk to ihe charity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Chgrity number 1103687 Principal addres$ JO Grove End Road London NW8 9LJ Trustee5 Mr5 G Marsh Ms K S Marsh Mi B C Aukett lappoinied 1.9.?2) The follow2ng Trustees held otTice during thc wholo of the Feriod from l January 2022 to the dat¢ of this rcpon.. Mrs Gillian Marsh Ms Katherine S Marsh Independent Exgminer McPhersons Walpole Harding, ACCA Chartered C¢nified Accountants Telecom House 25-135 Prcslon Road Brighton East Sussex BNI 6AF Approved by order of the board of trustees on 18 October 2023 and signed on its behalf by.. Mrs G MaTSh - Trustee Page 2
Inde cndent F.xaminer'$ Re ori io the Trustees of Laurie & Gillian Marsh CharÉtable Trust Independent examiner'5 reporl to the trusteey of Laurie & Gillian Marsh C.hritable Triist I report 10 the charitv irusiees on tny examination of ihe accounts of Laurie & Gillian Marsh Charitable Trust {the Trusi) for the year ended 31 December 2022. Respon5ibilitie$ and basis of report As the charit), rrustees of Ihe Trust you are responsible for the preparation of the accounts in accordance with the requirements ol-the Chariiies A¢t 2011 I'ih¢ Act'l. I report in respe¢t ofmy exaMnatIon ofthe Trust's accounts canied out under seciion 145 of the Aci and in carr)'ing oui my examination I have followed all applicable Directions given by rhe Charity Commission under section 14515llb) of Ihe Act. Independent examiner's St&tement I haN'e cornpleted tnv examination. I confim that no material matters have COTne to my attention in connection with the exarnination oiving mc causc to bclicvc that in an> maicrial rc5PCCt'. accouniillg records were noi kepi in respect of rhe Tnjst as required by section 130 of the Aci.. or the accounts do not accord with those records: or the accounts do not cornpl}' with the applicable reqllirements con¢eming the form and content of accounts set out in Ilie Cliariiies (Accounis and Reporisl Regiilaiioiis 2008 (Iiher Ilian (tny lequil¢nI thal lh¢ arcounls giv¢ a true and fair view which is not a matter considered a5 part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawR in this report in order to enable g proper undersianding of the accounts to be reacheil. Chartered Certificd Accountants Teleconi House 125-135 Pr¢sion Road Brighto F.ast Su%sex BNI 6AF 18 October 20?3 Page 3
LAURIE & GILLIAN MARSH CHARITABLE TRUST Statement of Finaneial Activities for the Year Ended 31 DeCeber 2022 31.12.22 Total fund$ Unresiri¢t¢d funds Restricted fund Total funds Notes IIYCOME AND ENDOWMENTS FROM Donations and legacies 25.2(M) 25.200 9i.667 Investtneni income ?5.5(K) ?5.500 75,400 Tot#1 50,700 50.700 169,067 F.XPF.NDITURF. ON Charitable #ctil'ities Donations Propcrty 15,321 7.007 15.321 7,007 16.606 11.985 Total 22,328 28.591 NET IIYCOME 28,372 28.372 140,476 RECONCILIATION OF FUiYDS Totsl funds brought forward 1,071,752 ,071.752 9)1976 TOTAL FUNDS CARRIED FORWARD 1.100.124 1,071.75? The noies fomi part of these financial siat¢ments Page 4
LAURIE & GILLIAN MARSH HARITABLE TRUST Balan¢¢ Sheet 31 December 2022 31.12.22 Total funds Unrestricted fllnds Resiricied fund Total funds Notes FIXED ASSETS Investtnent property 600,000 600.000 600.000 CURRENT ASSETS Debtors Cash ai bank 537 -502,643 537 897 503,180 503,180 474,808 CREDITORS Amount5 falling due within one year {3.056) (3,0561 13,056) NET CURRENT ASSETS 500,124 500.124 471.752 TOTAL ASSETS LESS CURRENT LIABILITIES 1,100,124 1,100,124 1,071.752 NET ASSETS 100,124 1.100.124 ,071.052 FUNDS Unresrricted funds 10 1.100.124 1,071.752 TOTAL FUNDS ,100,124 1,071,752 The financial siaiemenis were approved by ihe Board of Trusiees and authorised for issue on 18 October 20)3 and were Signed on its bchalf by.. LieJ G Marsh- Trusie¢ The notes forni part of these financial siaiemenis Page 5
LAURIE & GILLIAN MARSH CHARITABLE TRUST S to the Financial Sta ror the YeAr Ended 31 December 2022 ACCOUNTING POLICIES Basis of preparing the financial staletNents The financial siaiemenis of ihe charity, M,hich is a pllbli¢ benefir eniity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 102) 'Ac¢ountin¥ and Reportin. by Charitie5'. Staletneni of Recommended Practice applicable to charitie5 preparingtheiraccounts in accordanee w ith the Financial Reporting Siandard applicable in the UK and Republic of Ireland IFRS 10)) (effective l January ?0191'. Financial Repurting Siandard 10? 'The Financial Reponing Standard applicable in the UK and Republic of Ireland. and the Charities Aci ?0 I l. 'l-he financial statements have been prepared under the histOTi¢al c05t convention. as Enodified by the revaluation of certaTn assets. Income All income is recognised in ihe Sthiemeni of Financial Activities once the charity has entitlement to the funds. it is probable that the incotne will be received and the amount can be measured reliobly. Expenditllre Liabililies are recognised as expenditure as soon as there 15 a legal OT consiructivt obligation comrnitting lh¢ charity 10 that expendiiure, it is probable Ihar a transfer of economic benefiis will be required in seitlemeni and the amount of the obligation can be measured reliabls.. Expenditure is accounted for on an accruals basis and ha5 been classified under headillgs thai a0 rcoate all cost related to ihe category. Where costs cannot be directly attributed to panicular headings ihey have been allocated to activities on a ba515 consistent with the use of r¢svuiL¢5. Grants offered subject 10 Conditions which have not been met at the year end date are noted as a commitment but noi accrued as expenditure. Investment property Invcstmcnt propcrry 15 shown at most rc¢cnt valuation. Any aggregate suq)lus or dcficit arising from Changcs in fair value is recogni5ed in the Statement of Financial Activities. Taxation The charity is ex¢mpt from t&K on its charitable activities. Fund aecountin Unrestricred fLinds can be used in accordance with the charitable objectives at the discretion of the trustees. R¢siri¢ted funds ¢an only be used for pariicular restricted purposes within the objects of the charity. R¢slriclivn5 arise when specified by ihe donor or when t'unds are raised tor particular resiricied purposes. Further explanation of the nature and purpo%e of ea¢h fvnd is included in the notes to the finaiicial statements. INVESTMENT INCOME 31.12.22 Renis received Current asset investment ineome 25,200 25,400 50.000 25,200 75.400 Page 6 continued...
LAURIE & GILLIAIY MARSH CHARITABLE TRUST Notes to the Finanei81 'tatements- continued for the YeJ)r Ended 31 December 2022 CHARITABLE ACTIVITIES COSTS Grant funding of Direct Costs (see note Support 41 Totals DonatTons Property 15,321 5.920 1.087 7,007 5.920 15.3?] 1.087 GRANTS PAYABLE 31.19 22 31.12.21 Donlltions 15,3?] 16,606 The total grdnts paid io institutions during the year was as tollows.. 31.12.22 31.12.21 British Friends ofshalTna Briiish Humanist Association 500 3,000 2.500 876 i,500 2.500 Cavatina Trust Cinetna Museum Evergreen Africa Feed The Minds 500 320 5(H) 600 Gorilla Organisation Mede¢ins San5 Frontiere5 Other 2,000 i.6iO 1.500 1,000 Optimum Population Trust Tusk 1,295 African R¢vival Brighton Doime & Festival Ltd Chase Africa 803 530 775 Cheetah Conservation fllnd David Shepherd Wildlife Foundation rarm Atrica Lid Fauna & Flora Intemational Hi115ide Animal Sanciuary Pakistan Alliance for Girls Education Uk Prisoners of conscience Appeal fund Rainfor¢5t Foundalivn UK Royal National Lifeboat Instiiution Shivia 480 265 275 960 775 525 150 210 Sumatran Orangutan %ociety Tusk TTUSt Ltd Vinga Foundation Wom¢ns Education Partnership 420 265 ?69 525 16,606 Page 7 continued...
TRUSTEES, REMUNERATION AND BENEFITS There were no irusi¢es' remuneration or oiher benefirs for the year ended 31 December 20?2 nor for ihe year ended 31 Decernber 2021. Trustee5' expenses There w'ere no tru5tees' expenses paid for the year ended 31 Decetnber2022 nor for the year ended 31 December Page 7 continued...
LAURIE & GILLIAY MARSH CHARITABLE TRUST Notes to the Fin#oei41 Statements- eontinued for the Yer End¥d 31 Detember 2022 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricied fund Total funds INCOME AND ENDOWMENT5 FROM Donations and legacies 93,667 93,667 Investmeni income 75.400 75.400 Total 169.067 169.067 EXPF.NDITURE ON Charitable a¢tivitie5 Donations Property 16,606 11,985 16,606 11,985 Total 28,591 28,591 NET INCOME 140,476 140,476 RECONCILIATION OF FUNDS Total funds brought forw#rd 931.276 931,276 TOTAL FUNDS CARRIED FORWARD 1,071,752 071.75? INVESTMENT PROPERTY FAIR VALUE At l January 2022 and 31 D¢c¢mber 2022 600.000 IYET BOOK VALUE At 31 December 2022 600,000 At 31 December 2021 600.000 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.1?.22 Other debtors 537 897 Page 8 continued...
LAURIE & GILLIAN MARSH CHARITABLE TRUST Notes to thc Financial Statem¢nts- continued for the Year Ended 31 December 2022 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.1? ?? 31.12.21 Oiher Creditors 3,056 10. MOVEMENT IN FUNDS Net movement in fund5 Ai 31.12.22 Al 1.1.22 Unre$tri¢ted funds General fund Property 471.752 600.(K)O 2R,372 500,124 600,000 l D71,752 28.372 I.100,1?4 TOTAL FUNDS 1,071,752 28.)72 I.100,1?4 Nel 0veMent in fun(Is, Included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds Gcncral fund 50,700 (22,328} 28,372 TOTAL FUNDS 50,700 22,3?81 Page 9 continued...
LAURIE & GILLIAN MARSH CHARITABLE TRUST IYote5 to the Financial 5tatements- continued ror the Year Ended 31 D¢¢ember 2022 MOVEMENT IN FUNDS- eontinutd Comparatives for movement in funds Net movement in funds Ai 31.12.21 At 1.1.21 Unrcstricted funds General fiind Property 331,276 600.000 140,746 471.752 600.000 931 ?76 140.746 1,071.752 TOTAL FUNDS 931 ?76 140.746 .071.752 Comparative net movement in funds, In¢lud¢d In the above Jre its follows.. Incoming resollrces Resource5 expended Movement in funds Unrestricted funds General fund 169.067 128,5911 140,476 TOTAL FUNDS 169.067 28,591) 140,476 A LUTrent year 12 month5 Mnd prior yedr 12 monihs combined posiiion is as follows- Net movernent in funds Ai 31.12.22 Unrestrieted funds General fund Property 3il.276 600.000 168,848 500.1?4 600.000 931,276 168,848 1,100.124 TOTAL FUNDS 931.276 168.848 1 100.124 A eurreni year 12 months and prior year 12 months cgmbined net movemeni in funds. included in th¢ above are as tollows.. Incotning resources Resources expended Moveinejil in funds UTLrestrieted funds General fund 219,767 {50,919) 168.848 TOTAL FUNDS 219.767 50.919) 168,848 Page 10 coniinued...
LAURIE & GILLIAN MARSH CHARITABLE TRUST Notes to the Financial Statements- continued for the Year Ended 31 December 2022 12. RELATED PARTY DISCLOSURES During the year, donations received wiihoui condiiions from the Trustees ai)d other related parties were£nil12021'. £i2,(1411. Pagell
LAURIE & GILLIAN MARSH CHARITABLE TRUST D¢tail¢d Statement of Financial Actiiitles for the Year Ended 31 Dee¢mb¢r 2022 31.12.22 31.12?] INCOME AND ENDOWMENTS Donatfftons and legAeies DonatlUll5 Gifi aid 25.500 85.54? 8.1?5 25,500 93,667 Investmtnt income Rent5 received Curreni asset investment income 25,200 25,400 50.000 25,200 75,400 Total incoming resources 169067 EXPENDITURE Chsritable activities Renial income costs Granis to institutions 5,920 15,321 7.920 16.606 Support costs Other Insurance 50 57 GoNernanee costs Accounlanc), and legal fees Legal and professional fces 1,037 948 3,060 1.087 5,013 Total resources expended 22.328 28,591 Net ineome 140.476 This page does noi form pan of ihe sthtory financial statements Page 12