**REGISTERED CHARITY NUMBER: 1103687** **Report of the Trustees and** **Unaudited Financial Statements for the Year Ended 31 December 2023** **for** ## **LAURIE & GILLIAN MARSH CHARITABLE TRUST** McPhersons Walpole Harding Chartered Certified Accountants Citibase Brighton 95 Ditchling Road Brighton East Sussex BN1 4ST **LAURIE & GILLIAN MARSH CHARITABLE TRUST** ## **Contents of the Financial Statements for the Year Ended 31 December 2023** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|2| |**Independent Examiner's Report**||3|| |**Statement of Financial Activities**||4|| |**Balance Sheet**||5|| |**Notes to the Financial Statements**|6|to|12| |**Detailed Statement of Financial Activities**||13|| **LAURIE & GILLIAN MARSH CHARITABLE TRUST** ## **Report of the Trustees for the Year Ended 31 December 2023** The trustees present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The object for which the charity is established is to promote any exclusive charitable purpose that the Trustees in their absolute discretion may from time to time determine by the provision of grant funding to registered charities including but not limited to those whose objects are: a) the preservation and protection of the natural environment, b) the preservation and protection of good health in particular of women in the third world, c) the advancement of education of the public in the arts, and d) the conservation of wildlife. ## **Significant activities** During the year the charity continued with its activities. When planning the activities for the year, the Trustees consider the Charity Commission's guidance on public benefit and in particular the specific guidance on charities for the preservation and protection of the natural environment and good health and the advancement of education. In particular the charity provides grants to registered charities in furtherance of these objectives. ## **FINANCIAL REVIEW** ## **Principal funding sources** The principle funding sources in the year to 31 December 2023 for the charity are derived from charitable donations and rental income from investment property. This coupled with sound financial management and staff support has enabled the charity to maintain its position and charitable activity. ## **Reserves policy** The trustees consider that the charity's reserves are adequate to meet its day to day expenditure and in the event of a shortfall they have access to sufficient resources to meet any deficit. In this respect, they do not consider it necessary to set a minimum as the charity's free reserves. ## **Going concern** The charity is considered to be a going concern and the accounts have been drawn up on that basis. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. The charity is a registered charity, number 1103687, and was established by a deed of trust date 9 March 2004 and a supplemental trust deed dated 14 April 2014. ## **Recruitment and appointment of new trustees** No one shall be entitled to act as a trustee whether on appointment or on any re-appointment as Trustee until he or she has expressly acknowledged, in whatever ways the Trustees decide, his or her acceptance of the office of Trustee of the Charity. If a vacancy occurs, the Trustees must note the fact in the minutes of their next meeting. Any eligible Trustee may be re-appointed. Page 1 **LAURIE & GILLIAN MARSH CHARITABLE TRUST** ## **Report of the Trustees for the Year Ended 31 December 2023** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Organisational structure** The administration of the charity is undertaken by the Trustees. The Trustees must hold at least two ordinary meetings each year, one of which must involve the physical presence of those Trustees who attend the meeting. ## **Risk management** The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Any investment project undertaken by the charity is appraised for its risk to the charity before being undertaken and only those projects that guarantee a minimum return are undertaken. As such, any investment project undertaken will only be carried out where there is no apparent risk to the charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1103687 ## **Principal address** 30 Grove End Road London NW8 9LJ ## **Trustees** Mrs G Marsh Ms K S Marsh Mr B C Aukett The following Trustees held office during the whole of the period from 1 January 2023 to the date of this report: Mrs Gillian Marsh Ms Katherine S Marsh Mr Bryan C Aukett ## **Independent Examiner** McPhersons Walpole Harding, ACCA Chartered Certified Accountants Citibase Brighton 95 Ditchling Road Brighton East Sussex BN1 4ST Approved by order of the board of trustees on 15 October 2024 and signed on its behalf by: Mrs G Marsh - Trustee Page 2 **Independent Examiner's Report to the Trustees of Laurie & Gillian Marsh Charitable Trust** ## **Independent examiner's report to the trustees of Laurie & Gillian Marsh Charitable Trust** I report to the charity trustees on my examination of the accounts of Laurie & Gillian Marsh Charitable Trust (the Trust) for the year ended 31 December 2023. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as 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 drawn in this report in order to enable a proper understanding of the accounts to be reached. McPhersons Walpole Harding, ACCA Chartered Certified Accountants Citibase Brighton 95 Ditchling Road Brighton East Sussex BN1 4ST 15 October 2024 Page 3 ## **LAURIE & GILLIAN MARSH CHARITABLE TRUST** |**Statement of Financial Activities**
**for the Year Ended 31 December 2023**
Unrestricted
Restricted
funds
fund
Notes
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
21,000
-
Investment income
2
25,545
-
**Total**
46,545
-
**EXPENDITURE ON**
**Charitable activities**
3
Donations
21,655
-
Property
5,496
-
**Total**
27,151
-
**NET INCOME**
19,394
-
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
1,100,124
-
**TOTAL FUNDS CARRIED FORWARD**
1,119,518
-|31.12.23
Total
funds
£
21,000
25,545
46,545
21,655
5,496
27,151
19,394
1,100,124
1,119,518|31.12.22
Total
funds
£
25,200
25,500| |---|---|---| |||50,700
15,321
7,007| |||22,328| |||28,372
1,071,752| |||1,100,124| The notes form part of these financial statements Page 4 ## **LAURIE & GILLIAN MARSH CHARITABLE TRUST** |**Balance Sheet**
**31 December 2023**
Unrestricted
funds
Notes
£
**FIXED ASSETS**
Investment property
7
600,000
**CURRENT ASSETS**
Debtors
8
2,186
Cash at bank
521,251
523,437
**CREDITORS**
Amounts falling due within one year
9
(3,919)
**NET CURRENT ASSETS**
519,518
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
1,119,518
**NET ASSETS**
1,119,518
**FUNDS**
10
Unrestricted funds
**TOTAL FUNDS**|Restricted
fund
£
-
-
-
-
-
-
-
-|31.12.23
Total
funds
£
600,000
2,186
521,251
523,437
(3,919)
519,518
1,119,518
1,119,518
1,119,518
1,119,518|31.12.22
Total
funds
£
600,000
537
502,643
503,180
(3,056)
500,124
1,100,124
1,100,124
1,100,124
1,100,124| |---|---|---|---| The financial statements were approved by the Board of Trustees and authorised for issue on 15 October 2024 and were signed on its behalf by: Mrs G Marsh - Trustee The notes form part of these financial statements Page 5 **LAURIE & GILLIAN MARSH CHARITABLE TRUST** ## **Notes to the Financial Statements for the Year Ended 31 December 2023** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain assets. The presentation currency is £ Sterling. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **Investment property** Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. INVESTMENT INCOME** |**INVESTMENT INCOME**||| |---|---|---| ||31.12.23|31.12.22| ||£|£| |Rents received|25,545|25,500| |Current asset investment income|-|-| ||25,545|25,500| continued... Page 6 **LAURIE & GILLIAN MARSH CHARITABLE TRUST** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2023** ## **3. CHARITABLE ACTIVITIES COSTS** |Donations
Property|Grant
funding of
activities
Direct
(see note
Costs
4)
£
£
-
21,655
4,578
-
4,578
21,655|Support
costs
£
-
918
918|Totals
£
21,655
5,496
27,151| |---|---|---|---| continued... Page 7 **LAURIE & GILLIAN MARSH CHARITABLE TRUST** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2023** ## **4. GRANTS PAYABLE** |Donations
The total grants paid to institutions during the year was as follows:
British Humanist Association
Cavatina Chamber Music Trust
Cinema Museum
Evergreen Africa
Feed The Minds
Medecins Sans Frontieres
Optimum Population Trust
African Revival
Brighton Dome & Festival Ltd
Chase Africa
Cheetah Conservation fund
David Shepherd Wildlife Foundation
Farm Africa Ltd
Fauna & Flora International
Hillside Animal Sanctuary
Pakistan Alliance for Girls Education Uk
Prisoners of conscience Appeal fund
Rainforest Foundation UK
Royal National Lifeboat Institution
Shivia
Sumatran Orangutan Society
Tusk Trust Ltd
Virunga Foundation
Womens Education Partnership
The Conversation Trust (UK) Ltd
Givergy Chariable Event - Surrey
Farms For City Children
Golden Giving Charitable
Population Matters
Pump Aid
Voice of the Listener and Viewer
The Park Theatre||31.12.23
£
21,655
31.12.23
8,000
3,000
1,750
500
500
230
-
-
270
1,055
-
-
-
500
960
-
789
-
-
-
-
525
-
525
100
513
320
100
1,000
253
500
265
21,655||31.12.22
£
15,321
31.12.22
3,500
2,500
-
-
320
-
1,295
803
530
775
215
480
265
275
960
265
775
525
150
210
420
265
268
525
-
-
-
-
-
-
-
-
15,321| |---|---|---|---|---| continued... Page 8 **LAURIE & GILLIAN MARSH CHARITABLE TRUST** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2023** ## **5. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022. ## **Trustees' expenses** There were no trustees' expenses paid for the years ended 31 December 2023 nor for the year ended 31 December 2022. ## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |2022
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
25,200
Investment income
25,500
**Total**
50,700
**EXPENDITURE ON**
**Charitable activities**
Donations
15,321
Property
7,007
**Total**
22,328
**NET INCOME**
28,372
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
1,071,752
**TOTAL FUNDS CARRIED FORWARD**
1,100,124
**7.**
**INVESTMENT PROPERTY**
**FAIR VALUE**
At 1 January 2022
and 31 December 2023
**NET BOOK VALUE**
At 31 December 2023
At 31 December 2022|2022
Restricted
fund
£
-
-
-
-
-
-
-
-
-|2022
Total
funds
£
25,200
25,500
50,700
15,321
7,007
22,328
28,372
1,071,752
1,100,124
£
600,000
600,000
600,000|2022
Total
funds
£
25,200
25,500| |---|---|---|---| ||||50,700
15,321
7,007| ||||22,328| continued... Page 9 ## **LAURIE & GILLIAN MARSH CHARITABLE TRUST** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2023** ## **8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Other debtors
**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other creditors
**10.**
**MOVEMENT IN FUNDS**
At 1.1.23
£
**Unrestricted funds**
General fund
500,124
Property
600,000
1,100,124
**TOTAL FUNDS**
1,100,124|31.12.23
31.12.22
£
£
2,186
537
31.12.23
31.12.22
£
£
3,919
3,056
Net
movement
At
in funds
31.12.23
£
£
19,394
519,518
-
600,000
19,394
1,119,518
19,394
1,119,518|31.12.22
£
537
31.12.22
£
3,056| |---|---|---| |||At
31.12.23
£
519,518
600,000| Net movement in funds in the year to 31 December 2023, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
46,545
46,545|Resources
Movement
expended
in funds
£
£
(27,151)
19,394
(27,151)
19,394|Resources
Movement
expended
in funds
£
£
(27,151)
19,394
(27,151)
19,394| |---|---|---|---| ||||19,394| continued... Page 10 **LAURIE & GILLIAN MARSH CHARITABLE TRUST** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2023** ## **11. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** |At 1.1.22
£
**Unrestricted funds**
General fund
471,752
Property
600,000
1,071,752
**TOTAL FUNDS**
1,071,752|Net
movement
At
in funds
31.12.22
£
£
28,372
500,124
-
600,000
28,372
1,100,124
28,372
1,100,124|At
31.12.22
£
500,124
600,000| |---|---|---| Comparative net movement in funds in the year ended 31 December 2022, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|50,700|(22,328)|28,732| |**TOTAL FUNDS**|50,700|(22,328)|28,732| A current year 12 months and prior year 12 months combined position is as follows: |At 1.1.22
£
**Unrestricted funds**
General fund
471,752
Property
600,000
1,071,752
**TOTAL FUNDS**
1,071,752|Net
movement
At
in funds
31.12.23
£
£
47,766
519,518
-
600,000
47,766
1,119,518
47,766
1,119,518|At
31.12.23
£
519,518
600,000| |---|---|---| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
97,245
97,245|Resources
Movement
expended
in funds
£
£
(49,479)
47,766
(49,479)
47,766|Resources
Movement
expended
in funds
£
£
(49,479)
47,766
(49,479)
47,766| |---|---|---|---| ||||47,766| continued... Page 11 **LAURIE & GILLIAN MARSH CHARITABLE TRUST** **Notes to the Financial Statements - continued for the Year Ended 31 December 2023** ## **12. RELATED PARTY DISCLOSURES** During the year, donations received without conditions from the Trustees and other related parties were £21,000 (2022: £nil). Page 12 ## **LAURIE & GILLIAN MARSH CHARITABLE TRUST** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Gift aid
**Investment income**
Rents received
Current asset investment income
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Rental income costs
Grants to institutions
**Support costs**
**Other**
Insurance
**Governance costs**
Accountancy and legal fees
Legal and professional fees
Total resources expended
**Net income**|**Detailed Statement of Financial Activities**
**for the Year Ended 31 December 2023**
31.12.23
31.12.22
£
£
21,000
25,200
-
-
21,000
25,200
25,545
25,500
-
-
25,545
25,500
46,545
50,700
4,578
5,920
21,655
15,321
26,233
21,241
54
50
864
1,037
-
-
918
1,087
27,151
22,328
19,394
28,372|**Detailed Statement of Financial Activities**
**for the Year Ended 31 December 2023**
31.12.23
31.12.22
£
£
21,000
25,200
-
-
21,000
25,200
25,545
25,500
-
-
25,545
25,500
46,545
50,700
4,578
5,920
21,655
15,321
26,233
21,241
54
50
864
1,037
-
-
918
1,087
27,151
22,328
19,394
28,372| |---|---|---| |||| |||
5,920
15,321
21,241
50
1,037
-
1,087
22,328
28,372| This page does not form part of the statutory financial statements Page 13 ## **Issuer** McPhersons Walpole Harding **Document generated** Tue, 15th Oct 2024 9:40:49 BST **Document fingerprint** d911c88db2e86b5b5d7e15d6e4bb56b3 ## **Parties involved with this document** ## **Document processed** ## **Party + Fingerprint** Tue, 15th Oct 2024 9:42:10 BST Sat, 19th Oct 2024 9:55:44 BST Gary Stafford - Signer (2666de1653ccc8638e38c3c454182ed5) Mrs Gillian Marsh - Signer (aad97130f493764509f71ef7b5fe2f80) ## **Audit history log** ## **Date** ## **Action** Tue, 15th Oct 2024 9:40:49 BST Tue, 15th Oct 2024 9:40:49 BST Tue, 15th Oct 2024 9:40:49 BST Tue, 15th Oct 2024 9:40:49 BST Tue, 15th Oct 2024 9:40:49 BST Tue, 15th Oct 2024 9:41:16 BST Tue, 15th Oct 2024 9:41:16 BST Tue, 15th Oct 2024 9:41:16 BST Tue, 15th Oct 2024 9:41:35 BST Tue, 15th Oct 2024 9:42:10 BST Tue, 15th Oct 2024 9:42:10 BST Tue, 15th Oct 2024 9:42:10 BST Tue, 15th Oct 2024 9:42:10 BST Wed, 16th Oct 2024 9:41:03 BST Thu, 17th Oct 2024 9:47:36 BST Fri, 18th Oct 2024 9:43:15 BST Sat, 19th Oct 2024 9:44:17 BST Sat, 19th Oct 2024 9:54:29 BST Sat, 19th Oct 2024 9:55:44 BST Envelope generated with fingerprint c531a3447b0274ee84515d9f5a353e6a18.133.63.166 Document generated with fingerprint d911c88db2e86b5b5d7e15d6e4bb56b3.18.133.63.166 Gary Stafford has been assigned to this envelope.18.133.63.166 Mrs Gillian Marsh has been assigned to this envelope.18.133.63.166 Envelope has been set to automatically remind the active signer every 1 day(s).18.133.63.166 Envelope generated Sent the envelope to Gary Stafford for signing Document emailed to party email18.175.142.125 Gary Stafford viewed the envelope62.49.36.66 Gary Stafford signed the envelope62.49.36.66 Sent the envelope to Mrs Gillian Marsh for signing62.49.36.66 Document emailed to party email35.177.205.143 Gary Stafford viewed the envelope62.49.36.66 Document emailed to party email18.168.226.185 Document emailed to party email3.8.181.37 Document emailed to party email3.10.56.89 Document emailed to party email13.40.49.187 Mrs Gillian Marsh viewed the envelope31.52.42.156 Mrs Gillian Marsh signed the envelope31.52.42.156 Sat, 19th Oct 2024 9:55:44 BST This envelope has been signed by all parties31.52.42.156 Sat, 19th Oct 2024 9:55:44 BST Mrs Gillian Marsh viewed the envelope31.52.42.156