THE JOSH CHARITABLE TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023 Registered number . 1107060
THE JOSH CHARITABLE TRUST FINANCIAL STATEMENrs FOR THE YEAR ENDED 5 APRIL 2023 CONTENTS Trustees report Examlner's report Statement of flnanclal actlvltles Balance sheet Notes to the Accounts Pages 2 to 3 7108 Page I
THE JOSH CHARrrABiE TRUST TRUSTEES REPORT FOR THE YEAR ENDED 5 APRIL 2023 Trustees Trustees who served durln8 the year were as follovts.. Trustee and Chalrman: Mr J Cope Trustee: Mrs S Cope The Settlor has the power to appolnt or remove Trustees durln8 hls lifetime and thereafter the Trustee5 have the authorfty to appolnt and remove further Trustees at thelr dlscretlon. The Trustees present thelrannual report and flnanclal statemenis of the charlty for the year ended 5 Aprll 2023. Statement of trustees r•sponslbllltl•$. Trustees are requlred to prepare flnanclal statements for each flnanclal year whlch glve a true and falr vlew of the state of affairs of the charlty and of the Income and expendlture account of the charlty for that perlod. In preparlng those flnanclal ststements, the trustees are requlred to: select sultable accountln8 pollcles and then apply them conslstentlyj make Judgements and e5tlmates that are reasonable and prudent; prepare the flnanclal statements on the 8oln8 concem basls unless It Is Inapproprlate to presume that thls basls applles. The trustees are responslble for keepSn8 proper accountln8 records whlch dlxlose wlth reasonable accuracy 8t any tlme the flnanclal posltlon of the charlty and to enable them to ensure that the financlal statements comply wlth the accountlng re8ulatlons. Legal status The charlty Is constltuted by a Deed of Settlement dated 16 June 2CQ4 amended on 18 August 21))4 and Is re8lStered with the Charlty Commlssloners No 1107060. It Is admlnlstered by Trustees, Objertlves of the charlty The charlty's objectlves are to apply the Income and all or such parts of the ¢apltal for or towards such charitsble purposes and to make donatlons to such charltable Institutlons as the Settlor and hls Successors shall dlrect the Trustees to do. Revlew of artl¥ltles The charlty recefved £123,24612022 £159,339) In donatbons Includlng tax reclalm durlng the year. The charlty donated £131,95512022 £151,904) to twenty one {2022 twenty three} worthy causes, after havln8 had due regard to the Charlty Commlssloners 8uSdance on publSc benefit. Page 2
THE J05H CHARITABLE TIIUST TRUSTEES REPORT FOR THE YEAR ENDED 5 APRIL 2023 Inv•stm•nt poN¢y The Deed of Settlen)ent allows the Trnstees to hold any freehold or leasehold property, pwthase share& make loans, hold funds, secwltles OT olher Imiestments, The Ststement of Ht)an¢l•l acIltIeS for the year Sho • deflclt for the yeat ot£9,506, It Is the pollcy of the Tnjstees to balance Irrf¢rne wlth empendlture over tlme, whllst m•lntalnSr In •dequate 8enÈral fund to meet current Ilabllllles and chorltsbl• ¢ommltments. The general fund ¢overs two month< expendSture and the Truslees are of ihe vlew that thls Is satlsfartory, Royal Bank of Scoiland PLC Brimhall Stockport IDd•p•nd•nt Examln•r G A Harr15 & Co Ltd Brullmii House Jubllee Ro4d Mlddleton Manchester M24 21X Approved ty th• board of trustee$ on 27 January 2024 arKI slined on Its bthlf Trn$te•: Mrj Cope (thakn1) Ae8lstered Offlc• Prestwlch M•nchest¢r M25 OHZ P3oe 3
REpoirf OF THE EXAMINER TO THE TRUSTEES OF THE JOSH CHARITABLE TRUST I have examined the financlal statements on pages 5 to 8 whlch have been prepared under the historical c05t conventlon and the accountlng pollcles set out on page 7. Respectlv• r•$ponslbllltles of tNstees and examlner As described on pa8e 2 you are respon51ble as trustees for the pparatIon of the finanelal statements: you conslder that the audit requirements of Sectlon 43{21 of the Charftles Act 1993 (the Artl does not apply. It Ss my responslblllty to state on the basls of procedures speclfled In the General Dlrectlons 8lven by the Charity Commls51oners under 5ectlon 4317lbll of the Act, whether particular matters have come to my attentlon. B•$ls of Independent Examlnerfs R•port My examinatlon was carried out In accordance wlth the General D1ctIonS 8lven by the Charlty Commlssloners. An examlnatlon Includes a revlew of the accountlng records kept by the Charlty and a comparlson of the Flnanclal Statement5 presented wlth those records. It also Includes consideratron of any unusual Ilems or disclosures In the Flnanclal Statements, and seeklng explanatlons from you a5 Trustees concernln8 such matters. The pmcedures undertaken do not provlde all the evldence that would be requlred In an audlt and consequently no audlt oplnlon Is expressed on the vlew 8lven by the Financial Statements. Independent Examlner's Statement In connectlon wlth my examlnatlon, no matter has come to my attentlon: 11 whlch glves me asOnable cause to belleve that In any materlal respert the requlrements to keep accountlng records In accordance wlth Sectlon 41 of the Acl; and to prepare accounts whlch accord wlth the accountSng records and to comply wlth the accountln8 requlrements of the Art have not been met.. or 21 to whlch In my opinlon attentlon should be drawn In order to enable a proper understsndlng of the accounts to be reached. G Harrls FCA Chartered Accountant 8rullmar House Jubilee Road Mlddleton Manchester M24 2LX 30 January 2024 Page 4
Stat•m•nlOIFlnanchl A¢U¥lN•s Pwlt4• rONd• Oth Awll 2Q# 2023 R••lrf¢tthJ 2022 Unr•strkt•d T¢knl Fu¥Js Fundi INCOMINO RESOIJR¢ES Vdunlary Inrth 123,246 123,240 169,339 T•tal In¢Ilv4 r•AOU 123.246 SWRCE8 expeMDEO CharflAbb •¢llv th8rgei 132,736 17 132781 132,736 17 152,884 12 NET MCOMINO Re8011ftCÉ8 6.043 FundB brWgMf0r•4 Irom Pb•¥lw• p•rlod 23,640 17,C#Y2 TOTAL PVN08 CARRIED IOAWARO ¢OMTINUINa OPERAT8 Thè ltym port tsflhth• finandal $tt Prfos
•hM¢ 2Q2J YL *¥r 41140 16.149 17 ¥1,710 $1.7 $1,2•f 141 14,1)9 f4.11• TofALPM
Tho jh Charh•bl• Trt Noto• to tho Flnanclal Staknwt• Forth• y•ar•nJ¢d 5th Ap¥ll 2023 ACCOU+mNG POLICIE8 AccouTrtlng ¢onv•ntlo The hnanaclal statemts haw been pr•parèd under thg lwstorlcal cost ¢oiwanticffi and in •¢¢wd4nCA• the Statement of rec¢Jnrnended practic•.' Anng and R¢porting by ehariiies pr¥parlng thr 8¢¢ount8 th aecordanca th thé Flnancial Repthn9 S¢andard appIab in the UK and R•publ of IrelaTrJ {FRS 1021155ued on 16 Juty 2014 and wlth thè Charitkn Aet2011 Flnanclal repo1¥ 8taTrdard numbor I Exemp0 ho8 been laktn frorn ptgparing a cash Ilow $tal•nnl on the growd$ that th• charfty qu41mei as a small charfty. ltt¢omlng f••011•¥ AU Inecthing 0res are inelud•d on th& StalemeTrt of Fin8nci81 Aetfvll1 tha ¢hwity h ally endthd to the Income ond th• amtyjntcan b• quantifi'ed with reo8aon4bkn accuracy. RwouY¢•¥ gxpond•d Exp8ndlbJra is 8ccOund foron an acuu818 bas1• and h¥s been d8$1ifi•d undèr ts h&adlTha• th•t•ggrég•t• &ll costs rnL•t•d 10 tho catogory. Wh0r• ¢o8ts nn01 bo dir¢¢lly •ttnbut8d to parti¢ul¥r h•adlngs th•y hAV• b••n aLtsc8tsd to actlvl¢l•$ on a b881$ con$ist•nt %4ith the of re•ourc••. Taxadon Th• charfty 1$ •Mmpt from t•x on It• eharllabl• acfvltkn. Fund aceounllng Unr•8lrictad lund• can be u••d In i¢rdIn# th• th•Atabkn obhcfv•8 ol th• 01 th• tNita••. Rulft¢l•d can onty b• us•d Icf parfcul•r r•$tdcl•d purpoi•$ thIn thè obiacts ol lh• thartty. R88tdellon irl¥•• wh•n ip•dflgd by lh• donoror whsjn fund• 4r• rrii•d for p8rtkular r•4lrfct•d Wrpo•. Futh•r•Wanatk4) olth• n•turn purpo1• ol aach •a¢h lund l• thdud•d kn th• not•1 to th• Ilnancl 4t•t•mbnts. VOLUNTARY IIICQME 2023 Unr•itrkl8d Fundi 2023 R••tiithd Fund8 2023 Tothl Funds 21y22 Total FuThJ• DonaUon4 Interoit rocelv Glft 123.239 123.239 151,283 8.052 CHARITABLE AGTMTies 2023 Ue8tH¢t•d Fund8 2tr23 Re8trKted Fvnds 2023 Total Fund8 2022 Tol81 Fund$ charfIab oxp•rKlllur• counlar 131,955 131,9SS 780 1S1, 132.735 132 73$ P•g• 7
Hrtt0th• FkwKl•l 8t•t•m•i¢•.MhlknJ•d Fortho yèarord 6th Awll 2023 2023 2023 Fu Funds 42,034 8,106 42,034 3,1¢6 42,034 3,383 ftAd rts kllrydue*ln Yr 31.(4J6 31.006 30,601 Trwi8¢1'•YV) 2023 23,NS 14,139 TOThLFIAID8 Ne¢nMn8rtln fiThJ•. IP••b¢w •r•••fdlM.' I]r•I fur irJ,246 132,781 9,0( roTAL FL1