THE KEN STRADLING COLLECTION
Registered Charity Number 1117689
TRUSTEES’ REPORT
Activities
It is a growing collection providing opportunities for education and inspiration to all those interested in good design and craftsmanship. It has close links with art and design students in Bristol, Bath and beyond.
Financial review
As shown in the Accounts on page 4 income amounted to £33,480 and expenditure to £44,764.
Trustees
K. Stradling (chairman), J. Brinnand (deputy chair), S. Falconer-Hall (honorary treasurer), O.Kent, M.Cannings, C. Witt, P.Metcalfe, D.Beech
Bankers
National Westminster Bank
Independent Examiner
Manson Accountants Ltd. 20-22 Wenlock Road London N1 7GU
1
THE KEN STRADLING COLLECTION
Registered Charity Number 1117689
STATEMENT OF TRUSTEES’ RESPONSIBILITIES
Under the trust deed the Trustees are required to prepare financial statements for each financial year which show a true and fair view of the state of affairs of the charity and of the surplus or deficit of income over expenditure.
In preparing those financial statements, generally accepted practice entails that the Trustees:
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
state whether the recommendations of the Statement of Recommended Practice Accounting by Charities have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are required to act in accordance with the trust deed and the rules of the charity, within the framework of trust law. They are responsible for keeping proper accounting records. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities.
2
THE KEN STRADLING COLLECTION
Registered Charity Number 1117689
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE KEN STRADLING COLLECTION
I report on the accounts of the Trust for the year ended 31st December 2021 which are set out on pages 4 and 5.
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 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
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 our examination, no matter has come to my attention:-
1) which gives me reasonable cause to believe that, in any material respect, the requirements
-
to keep accounting records in accordance with section 130 of the Charities Act; and
-
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Charities Act have not been met; or
2) to which, in my opinion, attention should be drawn in order to enable a proper under- standing of the accounts to be reached.
October 2022
Manson Accountants Ltd. 20-22 Wenlock Road London N1 7GU
3
THE KEN STRADLING COLLECTION
Registered Charity Number 1117689
RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER 2021
| Incoming Resources Donations and Subscriptions Grants Rent Lectures and Tours/Events Sales Tax repayment Loan Direct Charitable expenditure ( Note 1 ) Other expenditure ( Note 1 ) Tax repayment Total Payments Excess of Receipts over Payments Funds brought forward Funds carried forward Resources Expended |
Unrestricted funds Restricted funds Total funds to the nearest to the nearest to the nearest £ £ £ 5,239 5,239 20,717 20,717 2,217 2,217 2,093 2,093 2,686 2,686 528 528 33,480 0 33,480 - - - 33,480 0 33,480 27,996 290 28,286 16,478 16,478 - 0 44,474 290 44,764 -10,994 -290 -11,284 89,139 1,094 90,233 78,145 804 78,949 |
Last year to the nearest £ 4,410 18,736 2,952 915 298 2,216 29,527 - 29,527 48,947 12,509 35,000 96,456 -66,929 157,163 90,234 |
|---|---|---|
These Accounts were approved by the Trustees on …………………….2022 and were signed on their behalf by
……………………………………….. 2022
C. Witt
4
Registered Charity Number 1117689
THE KEN STRADLING COLLECTION
NOTES TO THE ACCOUNTS - YEAR ENDED 31ST DECEMBER 2021
| 1. Resources expended Direct charitable– Acquisitions Printing/publicity/exhibitions Administration Other- Electricity, Rates and Water Telephone Other Insurance Accountancy and Professional Costs Subscriptions Equipment/Computer Property expenses |
Unrestricted funds Restricted funds Total funds to the nearest to the nearest to the nearest £ £ £ 156 156 1,788 290 2,078 26,052 26,052 27,996 290 28,286 1,987 1,987 258 258 2,216 2,216 1,337 1,337 1,199 1,199 62 62 6,488 6,488 2,931 2,931 16,478 - 16,478 |
Last year to the nearest £ 4,190 8,172 36,585 48,947 4,284 546 690 1,175 240 61 865 4,648 12,509 |
|---|---|---|
2. Trustees’ emoluments
No emoluments or expenses were paid to the Trustees (2020 - nil).
5