OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-02-28-accounts

CHARITY NUMBER: 1107629

REPORT OF THE TRUSTEES AND

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 28 FEBRUARY 2021

FOR

THE GLOBAL NATURAL HEALTH CARE TRUST

THE GLOBAL NATURAL HEALTH CARE TRUST

CONTENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

Page
Report of the Trustees 1 – 2
Independent Examiners’ Report 3
Receipts and Payments Accounts 4
Statement of Assets and Liabilities 5
Notes to the Financial Statements 6

THE GLOBAL NATURAL HEALTH CARE TRUST

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 28 FEBRUARY 2021

Reference and Administrative Details of the Charity, its Trustees and Advisers

Trustees: Annette Montague-Thomas (chairman)
Beth Harrison (resigned 25/06/2021)
Philip Proctor
Diane Dyckhoff (resigned 25/06/2021)
Daniella Rubio
Barbara Schmid (appointed 19/06/2021)
Helen Mousley (appointed 19/06/2021)
Charity Correspondent: Annette Montague-Thomas
Lower Penhale Farmhouse Offices
Penhale Lane
Fraddon
Cornwall
TR9 6ND
Independent Examiners’: Lang Bennetts
Chartered Accountants
The Old Carriage Works
Moresk Road
Truro
Cornwall
TR1 1DG
Bankers: Barclays Bank plc
20 Lemon Street
Truro
Cornwall
TR1 2NB
Charity No: 1107629

Page 1

THE GLOBAL NATURAL HEALTH CARE TRUST

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 28 FEBRUARY 2021

Structure, Governance and Management

The charity is controlled by its governing document, and it has five trustees who are re-appointed annually at the Annual General Meeting. New trustees are appointed by existing trustees using the provisions of the governing document.

Objectives and Activities

The objectives of the charity are as follows:

The activity of the charity is as follows:

The trustees have reviewed their objectives, policies and activities to ensure they continue to reflect the charity’s aims. In carrying out this review they have considered the Charity’s Commission’s revised general guidance on public benefit.

Achievements and performance

The charity has achieved a great deal over the years by:

Financial review

During the year, the charity had net receipts of £1,060 in the year (2020: net payments £1,865). Total receipts increased by £14,561 to £39,778, which included two loans to the charity amounting to £6,238 and a Covid-19 grant from Cornwall Council of £10,000. The total cash funds held at the year end were £1,196 (2020: £136). The charity’s policy on reserves is that where operationally possible, to hold sufficient funds either in liquid investments, cash or realisable assets to meet the immediate contractual obligations of the charity.

Risk and investments

The trustees have assessed the major risks to which this charity is exposed relating to its operations and finances and are satisfied that under the present system there is no significant exposure.

Investment policy need not be considered as the charity has no significant investments.

The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees

Mr Philip Proctor Trustee

Dated: 24 August 2021

Page 2

THE GLOBAL NATURAL HEALTH CARE TRUST

REPORT OF THE INDEPENDENT EXAMINERS TO THE MEMBERS OF THE GLOBAL NATURAL HEALTH CARE TRUST FOR THE YEAR ENDED 28 FEBRUARY 2021

I report to the trustees on my examination on the accounts of The Global Natural Health Care Trust (‘the charity) for the year ended 28 February 2021, which are set out on pages 4 – 6.

This report is made solely to the charity’s trustees, as a body, in accordance with section 154 of the Charities Act 2011. My independent examiner’s work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body for my independent examiner’s work, for this report, or for the opinions I have formed.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

have not been met; or

Colin R Truscott Lang Bennetts The Old Carriage Works Chartered Accountants Moresk Road Registered Auditors Truro Cornwall Date: 24 August 2021 TR1 1DG

Page 3

THE GLOBAL NATURAL HEALTH CARE TRUST

RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

Unrestricted
Funds
Restricted
Funds
£
£
Receipts
Grants
Donations and collections
13,000
17,104
-
Fundraising
199
-
Gift aid repayment
3,237
-
Lyme Disease GNHCT Scotland
-
-

33,540
-
Asset and investment sales
Loan received – A Montague-Thomas
2,238
-
Loan received – Bridget Roberts
4,000
-

6,238
-

Total receipts
39,778
-
Payments
Patient treatment expenses
1,107
-
Growing tunnels
11,410
-
Fund raising expenses
480
-
Trustees' expenses
156
-
Motor expenses
4,380
-
Travel expenses
-
-
Office administration
419
-
Rent, rates and utilities
1,064
-
Bank charges and interest
5
-
Accountancy
1,200
-
Miscellaneous expenses
1,125
-
Sister charity set up costs
-
-
Transportation costs
-
-

21,346
-
Assets and investment purchase
Computer equipment
900
-
Plant and machinery
7,808
-
A Montague-Thomas loan repayment
-
-
Bridget Roberts loan repayment
4,000
-
Lyme Disease GNHCT Scotland loan
4,664
-

17,372
-
Total payments
38,718
-
Net receipts/(payments) for the year
1,060
-
Cash funds last year
136
-
Transfers to/ (from) funds
-
-

Cash funds this year
1,196
-
2021
Total
£
13,000
17,104
199
3,237
-
33,540
2,238
4,000
6,238
39,778
1,107
11,410
480
156
4,380
-
419
1,064
5
1,200
1,125
-
-
21,346
900
7,808
-
4,000
4,664
17,372
38,718
1,060
136
-
1,196
2020
Total
£
4,800
14,650
1,507
3,865
395
25,217
-
-
-
25,217
3,729
-
1,101
400
2,870
6,316
2,288
4,362
9
1,200
1,040
976
2,183
26,474
-
-
608
-
-
27,082
27,082
(1,865)
2,001
-
136

Page 4

THE GLOBAL NATURAL HEALTH CARE TRUST

STATEMENT OF ASSETS AND LIABILITIES AT 28 FEBRUARY 2021

Unrestricted
Funds
Restricted
Funds
£
£
Cash funds
Cash at bank
1,196
-

Total cash funds
1,196
-
Investment assets
Loan to establish sister charity – America
-
-
Loan to establish sister charity - Scotland
4,269
-


4,269
-
Assets retained for the charity’s own use - cost
Computer equipment
1,105
-
Fixtures and fittings
-
-
Motor vehicles
21,000
-
Plant and machinery
18,808
-


40,913
-
Liabilities
Loan from founder member and chairman (note 1)
(4,864)
-
Loan from Lyme Disease GNHCT Scotland
-
-


(4,864)
-
2021
Total
2020
Total
(restated)
£
£
1,196
136

1,196
136
-
533
4,269
-
4,269
533
1,105
1,201
-
-
21,000
21,000
18,808
11,000

40,913
33,201
(4,864)
(2,626)
-
(395)

(4,864)
(3,021)

These accounts were approved by the Trustees and signed on their behalf by:

……………………………………………..

Name Ms A Montague-Thomas

Date of approval …………………

Page 5

THE GLOBAL NATURAL HEALTH CARE TRUST

NOTES TO THE FINANCIAL STATEMENTS AT 28 FEBRUARY 2021

1. TRANSACTIONS’ WITH TRUSTEE’S

Within the above payments the following were paid in respect of A Montague-Thomas who was a trustee throughout the year:

year:
2021 2020
Office Administration and rent paid to Ms Montague-Thomas - 5,282
Reimbursement of expenses - 608
Trustees' expenses 156 -
Motor expenses 3,587 2,870
Office expenses 190 -

The loan balance carried forward at the year end is £4,864 (2020: £2,626), which is repayable to Ms A Montague-Thomas on demand. The loan balance increased during the year due to expenses of the charity being paid privately by Ms A MontagueThomas.

The charity now uses Ms A Montague-Thomas’s personal vehicle for charity business and has agreed to pay her motoring costs.

2. FIXED ASSETS

Fixed assets are recorded at original cost.

3. RELATED PARTY TRANSACTIONS

During the year the charity made multiple payments on behalf of the sister charity Lyme Disease GNHCT Scotland. The amount due to the charity from the Scottish sister charity at the year end was £4,269 (2020: (£395)).

See also note 1 for details of Trustees expenses.

Page 6