2006
THE JOHN ROBINSON YOUTH CHESS TRUST
TRUSTEES ANNUAL REPORT AND FINANCIAL
STATEMENTS
YEAR ENDED 31 AUGUST 2023

THE JOHN ROBINSON YOUTH CHESS TRUST
FINANCIAL YEAR ENDED 31 AUGUST 2023
CONTENTS OF TRUSTEES. ANNUAL REPORT AND RETURN
Page
Legal and regulatory infomiation
Report of the Tru8tee$
Report of the independent examiner
Statement of finandal actlvkle8
Balance Sheet
Note8 to the financial Btatements
10-13

THE JOHN ROBINSON YOUTH CHESS TRUST
FINANCIAL YEAR ENDED 31 AUGUST 2023
LEGAL AND ADMINISTRATIVE INFORMATION
Reghtsred Ch•rlty numbof
1116981
Dr. John Higgs (Chalnnenl
Mr. Gery Walsh
r. lan Reynolds
wtm Natasha Regan
Addr•
6 Mayfield
Worth
Crawley
We8t Su$s•x RH10 7FT
web. www.johnrobin8onch888.org
emall. admin@J'ohnrobiMond)e$s.org
Bankor•
Indopend•nt Examlnern
Nalwest Bank PLC
Ha61ing$ Branch
Havelock Road
H861ings
East Sussex TN34 OGW
Watson As8oGiate8 {Audrt Service$ Ltd)
30-34 North Slregt,
Hallshmm.
E88t Su88ex BN27 1DW

THE JOHN ROBINSON YOUTH CHESS TRUST
FINANCIAL YEAR ENDED 31 AUGUST 2023
REPORT OF THE TRUSTEES
Charlty
The Tru8t w88 r•gi8tered by the Chaty Commissionern on 24 Nov8mb8r 2006.
Govomlng docunwnt
Deed of Variatlon dated 24 June 2006.
Charltable obioctivei
To adv8n¢a eduGation by providing or a88i8tlng In the provi81on of facilities for the teaching
development and 8upervi8ion of the playing of chegs amongst persons under the age of
nty•one, resident in England or ellgible to repre8ent England at ¢hes8.
Appointment of new Tru8tee¥ Is vested in the Councll of the Brrtlsh Che85 Federation.
Tru81ee8 may be appointed at any time leith8r by way of repla¢8ment or addltlon) so that the
totsl numbor ot TN8ts88 shall at no time exGeed four.
Tru6tee$ may be removed by a re801ution of thg Council of the British Ch8$9 Fed8ratlon
pa88ed wlth a m*rlty in favour of 75% of those pr8senl In person or present by proxy and
voting thereon.
Swnmary ol Ihe maln achl•vom•nts In tho Poriod
The Trust contlnues to provide 8UPPOrt toward8 junlor cho$$. Wrth the full return of over tha
board chess durlng Ihe audit year the Trustees were able to relum lo business a8 usual and
made a wide range of forniative grants to individual players, ch888 aS￿riatIOnS and varioug
ov•nt>.
The Trustses established a web¥5te durlng the year which h8B been wannly welcomed by
tho•0 In the junior ￿￿85 community.
Finan¢ial revlaw
Tho Trust fund8 remain fully invested and have Increased in overall value during the financial
yèar. The main source8 offunds during Ihe period have been divldends.
The majority of income 18 applied to grants. Expanses and profassional f888 are th8 Other
main areas of expenditure.
Pollcy on Invoslm•nts
The retum objective of Ihe Tntst is to re￿1ve incorne, after feeg, in the region of £29,000 per
annum whilst maintaining the r831 value of the assets. The inGome gener*ed (net of fees) is
nornially diBtributed quarterty. Th• risk tolerance is 'lwer risk, but gwen long investmènt

tim6 horizon th8 desire to mavtsin the vdue of thè ￿ets, thar8 is scop& for an
allo¢ation to equith￿.
Constraint&' The Trn￿t 18 managed with a lorytirne h¢xizon In miyj as the Tr￿t•￿ wish to
Support junior cr￿5 for decades ahoad Given that1here1g Ill￿ of ￿8h distributions
b•yond the quartth d￿On9 of dMdend8. there are little or IKlU￿ty IX)nstralnts for
the Charity. Due to the TrusV8 charltable status th8re are no tax constraints nor ar8 there
any legal or regulatory constraints. The Tr￿ hav8 requested swral ethical constraints
and there are to be no investmerts in amHnents, tobacco or gambiiry.
Pollcy on r•Mrv
The Tru8t hokjs cash at bank of £38,501 representirKJ unrestricted funds lo applled for
the ch8rty'8 obJ'ectNe8. Since 2006 when the Trust was founded it has been the polw of the
Trust￿3 to..
(l) To treat the ca￿1 of the Trust as a [￿anOnt erKlcvmienl and rKt to wd more
than th• acuJmulat8d ino)me on grants frorn th• Trust, unles8 there are grant
applicth'on8 that m•rit expen(ItLK8 and above the esllmated Income.
A180 held are fijnds t(AalliThJ £838,524 by the Tru8V8 InV•Str￿ manager8.
To th8 8Xt8nl that th888 do not rnpre8ért accum￿at0d due to be yid over the88 Ire
to be applied for the wwthase of investm
Plan• for th• futur•
The Trust wlll ¢onlOnue to support chess events 8fKI inthidual Junior ￿aYerS by way of grant
giwng and wlll aKvay8 consbjer grant appliGation8 on merit and with an op•n mind.
Tru•l•••' r••pon•lbllltl•• In r•lallon to th• iln•n¢lal ststwn•nt•
The ch81ity trustees arn respornblo for marlng an annual report arKI fin8nclal $tstements
in accordance wrth applicaL4e law and United Kirydom Accounting Standards (Unlted
Kingdom Genernlly Acceptsd Accourrtlng l>raclice)
The law applicable to tharitles in ErKJlarKI and W8le3 requir88 the charlty trustees to prepare
financial stal•menls for eath year thich give a true and far view of th& state of aff8ifS of the
charity and of the In￿mry resou￿ atKI application of rg•ourc•¥, of the tharity for that
period.
In preparing the financial s￿￿emer￿. the trustees we required to..
• sdect ￿￿ble 8¢counting pdlde8 and then appty them ¢on8Wtenty,'
• obwrfe the n￿hOd8 *KI wwKiiA88 in the applic*l8 Charities SORP.,
• state whethr aFpIIc4blo ￿ stsndath have Imn folltrwed, suwt to any
material departures disc105ed arKI e*ained in the fina￿al statements:

prepare the financial statements on the going concem basis unless rt is
inappropriate to presume that the tharity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with
reasonable accuracy at any time the finanaal position of the charity and to enable them to
ensure that the financial statements comply with the Charities Ai* 2011. the applicable
Charities (Accounts and Reports) Regulations, and the prowsions of the Trust deed. They
are also responsible for safeguarding the assets of the charity and takn.ng reasonable steps
for the prevention and detection of fraud and other irregulartties.
The trustees are responsible for th8 rna1ntenan￿ and integrity of the charity and financial
infomiation included on the charity's websrte. Legislation in the Unrted Kingdom governing
the preparation and dissemination of financial statements may drffer from legislation in other
jurisdictions.
The truste8s are content that Mr John Rokn'nson, our founder, would approve of the efforts of
the Trust over the last year and woukl be satiSf￿d that th8 Tw$t is meeting the moral and
legal obligation8 that it owes to its b8neficiaries and to its benefactors.
Approved by the Trustees on 20th May 2024 and signed on their behalf by..
Dr. John Hlgg
Chalmian

THE JOHN ROBINSON YOUTH CHESS TRUST
FINANCIAL YEAR ENDED 31 ALIGUST 2023
INDEPENDENT EXAMINERS, REPORT TO THE TRUSTEES OF THE JOHN ROBINSON
YOUTH CHESS TRUST
I report on the financial 8latement8 for the year ended 31 August 2023, which or8 sot out on
page8 8 to 13.
Re8PO¢tlv• re8ponsibllitlo8 of tru8ts08 and u•mln•T
Tha charity's truste￿ arn respon8lbk8 for the preparatlon of thé accounts. The charity'8
trustees ¢onsider that an audit is not required for thls year under 8ection 144 of the Chariti88
Act 2011 and that an indapendant 8X8mination is needed.
Having been 6ali8fied that thg Gharity is not 6ubje¢t to audtt und•r charity law and li •llglbi
for iTrJependent examlnallon rt18 my responsibility.
To examlne the account8 under s8Ctlon 145 of the 2011 Act.,
- To follow the procedures lald down In the General Direction6 glven by tha Charity
Commls$lon under section 145(5)Ib) of th8 2011 Act- and
- To $tat• wh•ther particular motl8r8 h￿* como to my attentlon
8asls of Indepondènt oxamIne￿3 Mport
My examinallon was Garrfed out in accordance wlth the General Directions glv&n by the
Charity Commission. An examinatlon Includ88 a review of the accountlng records kept by
the charty and a comparison of thè accounts pr8s6nt•d wlth those record8. It al80 include8
consideration of any unusual Items or disclosures in tho accounts, and the seeking from you
as trustees ¢oncerning any such matters. The procedures undertaken do not provtde all the
evidence that would b6 included in an audit and, consequenlly. no opinion ie given 88 to
whether the account$ present a 'true and falr vlew. and the report 18 limited to those matter8
Bet out in thé gtatem8nt below.
Independont examIne￿8 8tatsmont
In connection with my axamlnatlon, no mattor has com to my attenllon".
(1) ￿7¢h gives cause to bell8vè that, In any materlal respect, the requirement8.'
- To keep accounting records in accordance with section 130 of the 2011 Act..
- To prepare accounts whlch comply with the accounting rocord8 and to comply
wlth the a¢￿untIng requirements of the 2011 Act and with the method$ and prinGiples
of the Statement of Recommended Practice: Accounting and R8portlng by Charlties
(revi8ed 2005) have not been met", or
(2} To whlch, in my opinion, attention should be drown in orrler to enable a proper
urKfe
anding of tKè accounts to b8 r8ached.
Mr. John Males FCA
Watson Assocrates (Audit SeTvices Ltd)
30-34 North Slreet,
Hai18ham. East Sussex BN27 1 DW

THE JOHN ROBINSON YOUTH CHESS TRUST
FINANCIAL YEAR ENDED 31 AUGUST 2023
STATEMENT OF FINANCIAL ACTIVITIES
Totsl
2023
Total
2022
Income Irom:
Inve8tment incom•
Donation
29,598
29,437
58
Tolal
29,596
Expendlturn on:
Grants
Governance cost8
22,435
1.882
24,625
1.507
Totsl
N•t In¢om• l(oxpondltur•l
5.279
3,363
{Losg)IGaln8 on inv8stm8nt as8et8
(68,937)
3,370
N•1 movement In fund•
j63,858)
Reconclllatlon of lund•
Fund8 brought forward
937,603
930,870
Funds carr1￿ forward
937 803
A Statement of Total Recognised Gains and Lo88es Es not requlrod as a15 gains and10$8e8
ar• inGludod in th• 8tatemont of Flnandal Adlvlll•s.
All incoming resources, resour￿$ expended and r88ulting net mov8m8nt in fund8 are
derfvad from contlnulng acts'vitie8.
Atl funds are unrestrfcted.
Thè atta¢hed notes form part of these fflnanclal statements.

THE JOHN ROBINSON YOUTH CHESS TRUST
FINANCIAL YEAR ENDED 31 AUGUST 2023
BALANGE SHEEr
2023
2022
Flxed a8gets
Investments
836,524
905,461
Current aJ88ts
Cash at bank
Debtor8
38,501
33.172
50
33,222
38,501
Cr•dltor•
Amounts falling due
thin one year
Nel current a880ts
37,421
32,142
current Ilabllltlos
Tho Fund• of th•
Charlty
Unr••trlctod fund8
873,945
937,803

THE JOHN ROBINSON YOUTH CHESS TRUST
FINANCIAL YEAR ENDED 31 AUGUST 2023
NOTES TO THE FINANCIAL STATEMENTS
1. Accountlng pollcle8
The principal accounting policies are $ummarised b8low. The accounting policies have been
applied consi6tently throughout thè year and In the previous year.
l. Ba818 of accountlng
The finanu81 Statements have been pr8pared in accordance with the Statement of
Recommended Practice: A¢￿untIng and Reporting by Ch8ritie8 applicable to charitie8
pr•paring their accounts in accordance with thè Flnan¢lal Reporting Standard applicable in
the UK and R6public of Ireland IFRS 102) 8ffe¢lfve January 2015 and the Financlal
ReportirKJ Standard ap￿ICable in the UK and Republic of Ireland IFRS 102).
Assets and Ilabllltl88 arè recognised at historic cost or transaction v8lv• unlojs otheNl¥e
Stated in thè relavant accounting policy or notels).
The finandal statements comply with thg Charitles (Accounts and Rewrt8) Regulations
2008 i88ued under the Charitles Act 2011.
11. Publlc bènèllt entlty
The charity mèèts thè d￿nItIon of a publlc benefit anllty und8r FRS 102.
111. Fund •Gcountlng
All fund$ are unrestricted and aro available for u88 by the Tru8tees in furtherance of the
general oblectlv&8 of the Trust,
fv. Ineomlng ro•ourco•
All incoming resources ara Include(l in the Statement of Flnan¢lal Activllles when Ihe Trust Is
•ntitl•d to tho Incoma and th8 amount can ba quAntift8d wllh reasonable certainty.
v. R6gourca$ •xpend•d
Expond￿UrQ Is recognised on an accrualB b8818 88 8 Ilablllty 1$ Incurred. Govemance costs
include tho¥8 costs associated w4th the constitutional and statutory reqUi￿rn&nts of the
harity and Indud• co* linked to the 8tsategic management of the chority.
vl. Commltrn•nts for futur• •xponditur•
Other than nomial commitments inherent to the operation of the charlty and urKler contractB
of employment there are no Contractual obligations to future eX￿ndItUre at the balanc8
sheet data. Where the trustseg authorise expenditure, which is not18gally enforceable at the
balane6 sheet dats the appropriats amounts ar6 set aside into designated funds. There were
no amounts authori8ed at the year
io

THE JOHN ROBINSON YoufH CHESS TRUST
FINANCIAL YEAR ENDED 31 AUGUST 2023
NOTES TO THE FINANCIAL STATE11ENTS
1. Accountlng pollclo• ¢¢nllnu•d
VIL Cash Flow Slatsment
Th• chanty has tsken advantage of the exemp￿.On provid8d by Finandal ReportirvJ Standard
No. 1 ond AccountirKJ by Chartues Statem•nt of ReconNxended pra#1￿ and ha8 nol
prnpared a cash Ilow statement for the year.
vlll. Flx•d assets
Inv88tmènts held as fixed assets are sh￿n at th8 mvj-market valu8 on the baLance sheet
date. Gains and tcthes on the diiposal of inve8tments are taken to the Statement of
Financial Activitles In the ￿￿CK1 in which they 0¢￿r.
l Gran1•
2023
2022
Engll8h Cl￿3 Federatlon:
FIDE onlln8 Otymyad
Other events
1,500
1,8QJ
8rftish Chess Championshlp8".
Event 8UPPOrt
Junior coachlng
7,500
5,000
2,500
The Chess Trust
5.Q)O
Grant for •v•nt•
8,825
Other grant8
4,935
2,200
22.435
24,625
li

THE JOHN ROBINSON YOUTH CHESS TRusr
FINANCIAL YEAR ENDED 31 AUGUST 2023
NOTES TO THE FINANCIAL STATEMENTS
3. Gov•rnanc¢ colts
2023
2022
Admini8tratlon & legal fees
IrMJ8p8fKlent examinern fB88
802
1,080
427
1,080
1.882
1,507
ak Trwt•o•' romungr•llon and b•n•llts
There were no Trustees remunwation (w oif*r t•Mffts for the year ended 31 AuguBt 2023
(31 Augu8t 2022,. nil)
8. Trugts08' oxp•nM8
Trustee8' exp8n8es paid ftsr tho y•4r éndad 31 August 2023 totalled £53 (2022 - £131).
6. Inv••tmont as•ets
2023
Inve8tm8nt8
The ry)8t of the inve8tMo￿ hokl at 31 Awst 2023 was £806.682 (2022 - £802,682). At 31
August 2023 tho assets consisted of investrMnts in the COIF Charities Investrnent Fund, the
COIF Charities Ethlcal Investrnent F(nJ and ts COIF charit￿ Property Fund.
7. Debtorn
2023
2022
50
50

THE JOHN ROBINSON YOUTH CHESS TRUST
FINANCIAL YEAR ENDED 31 AUGUST 2023
NOTES TO THE FINANCIAL STATEMENTS
8. Cr•ditorn: Amounts falllng due wfthln one yoor
2023
2022
Accru6d expenses
1,080
1.080
1,080
1,080
g. Capltsl Commltmonts
There were no rApltal commitments not provided for in the financlal statemonts for the year
ended 31 Augu8t 2023 (2022 NII)
10. Ultlmat• Controlllng Party
The charfty ij ￿ntrOlled by ihe Indep8nd8nt Board of Trust808.
13

CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examinerfs report on the ,
accounts
Section A
Independent Examiner's Report
Report to ￿ tru*ta••l
mombors of
THE JOHN ROBINSON YOLrrH CHESS TRUST
On a¢￿Unts for the y•ar 1 31 AUGUST 21r23
Charlty no
1118981
Sel out on pago8 1-2
I report to the trustees on my examinatlon oftt* accounts ol th8 above
tharity Trusf) for yoar ended 31 Augujt 2023.
Ruponslblllllo• Ind
b••l• of roport
A8 the ch8rW8 trustees, you are responslble for th8 preparation ofth8
accounts In ac¢wdan¢e with the fequiremonts of the Charitias Act 2011
I r8port tn re8pec4 of my exarnlnation of thè Tru8f$ accounts c¥rlèd out
under 8edion 145 of tha 2011 Act and in carying out my 8xamlnation, I
have followed all the applilxble Directbon8 given by the Chanty Comml•8lc
r section 14515Xb) of ts Act.
Indepond•nt I have ccAnpleted my examinab'on. I cMfimi that no material matter3 have
examlnerfj statement Come to my attention In conn8caion with the examination which giv•• me
cause to believe that in. any material re8P8Gt.'
the accounting r8¢ords were not k6pt in 8ccordar¢• wkn gectlon 130
of the Charities A(a,' or
the accounts did not accord with the accountlng records," or
tho a¢¢ounts dKI not comply wth the applicable r•quir•monts
concemlng the lO￿n and Gontent of a¢￿￿nts set out In the Charities
(Accounts and Reports) Regulations 2CQ8 other than any requirom&nt
that the aGcounts gNe a 'true and fal¢ view whlch 18 not a matter
consKl8red as part ol an In(￿nd￿nt examlnatlon.
I havo no corKems aThJ have come across no other mattèr8 In connectlon
wlth the examlnatson lo vthich attentyon Should be dr¥•vn In thL8 report In
Order to énablo a rrfoper understandlng of the accounts to be reached
Slgn•d:
19103r2024
JOHN CHARLES MALES
Rèlèvant prof•sslonal I ICAEW
qualificatlonl81 or body , FCA
(rfany)- [
Addr￿5. , ￿￿34 NORTH STR
.' HAILSHAM
I EAST SUSSEX. BN27 1DW
IER
Oct 2018

Section B
Disclosure
Only C(xnP￿ts rfthe examiner need8 to highlight material matters of concem
(seo CC32. IndeF￿ent examination of chwty accounts.. directions and
guidance for exarninersl.
Gfve here brlef dotalh of
any itsmg that the
examinor wl•hM to
dl•cloM.
IER
Oct 2018