**Charity number: 1118132**
## **THE ALAN MATTEY CHARITABLE TRUST**
## **UNAUDITED**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MAY 2019**
## **THE ALAN MATTEY CHARITABLE TRUST**
## **CONTENTS**
||Page|
|---|---|
|**Reference and administrative details of the Charity, its Trustees and advisers**|1|
|**Trustees' report**|2 - 3|
|**Trustees' responsibilities statement**|4|
|**Independent examiner's report**|5|
|**Statement of financial activities**|6|
|**Balance sheet**|7|
|**Notes to the financial statements**|8 - 13|
**THE ALAN MATTEY CHARITABLE TRUST**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MAY 2019**
**Trustees** S Mattey A R Barnett J Randall G D Hartnell **Charity registered number** 1118132 **Principal office** Lawrence House Goodwyn Avenue London NW7 3RH **Accountants** Haslers Chartered Accountants Old Station Road Loughton Essex IG10 4PL
Page 1
**THE ALAN MATTEY CHARITABLE TRUST**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 MAY 2019**
The Trustees present their annual report together with the financial statements of the Charity for the year 1 June 2018 to 31 May 2019.
## **Objectives and activities**
## **a. Policies and objectives**
Our policies and objectives are to continue to support the Charities the late Alan Mattey donated to throughout his life. There was a general theme behind his charitable donations being either to support the local community, to support research into terminal illnesses, to help children and to encourage children’s activities especially in sports.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
## **b. Strategies for achieving objectives**
The Charites we support include Maccabi GB, Future Dreams, Grief Encounter, UJIA, Ray of Sunshine to name a few.
## **c. Activities undertaken to achieve objectives**
Originally the Charitable Trust hosted events in Alan’s name and raised money from donors for the causes listed above. Currently we rely on donations into the charitable trust directly from the Trustees and business partners.
## **d. Main activities undertaken to further the Charity's purposes for the public benefit**
The main benefactor for the Charitable Trust is Maccabi GB where monies donated go towards helping in the running of Rowley Lane, a community facility for children’s sports activities.
## **Achievements and performance**
## **a. Main achievements of the Charity**
In the year ended May 2019, the charity received donations of £150,000. Of this amount, £105,040 was distributed to selected charities.
## **Financial review**
## **a. Going concern**
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
Page 2
ThE ALAN MATTEY CHARITABLe TRUST
TRUSTEES. REPQR T ICONnNVED)
FOR THE YEAR ENDED 31 MAY 2019
b. R*s•rv•• policy
The Chaiitable kjoks to distri1te of th)natY)ns rt rec*ves. The Charitable Trust has no expènses
or running cost$ so 811 il receives it doAgts5
StruGtsK•. govornanc8 and monagem•nt
Constitutlon
The A Mattey ChariEablg Tru51 is a wisteraj chty, 1118132, and 15 CDnsb'tLrted under a Ttust deed.
b. Method$ of appolnlment or elgction of Trustees
The Trustees were appjirrted at tho inception of the Chafitable Trust being the &te Aan Matws sibling, his
ckns8St friends and %*4visors all of wtM want&J to keep his lifets.me ¢harrtable Wofk goiffj and his memory alNe.
There has W no chargg in the Trustees since inceplkfft.
Approvod by ord
r of the members of the bo8rf of Trusleès on 15 Awil 2021 and signad on their ts¢ha by..
S Matt•y
P8gè 3
THE ALAN MATfEY CNARITABLE TRUST
STATEMENT OF TrUSTEES' RESPONSIBILITIES
FOR THE YEAR ENDEO 31 MAY 2019
The Truslees a responsible fof preparing th8 TTustees' report and Iha financial staternents in o¢eordarKo with
applicab law and United KirrfJclom Acc(wntiw Standards Iuniled Kingthjm Generalty Accepted Accounting
Prathce).
The law 8pr.licable to charit*5 England & Wa$ requires the TnlEeS lo prepar¢ ffinanGial ststements for
each finala1 year which give 8 true and fair VEW of the stBte of 8ffairs of Ihe Charity and of its incoming
Te50urces and application ol resour, includirKJ its incOff and expenditure, for that period. In preparing these
financial statements, the Trustees aTe Wired lo:
sew sultable arAxJnting tKAici&8 then aFpty them consistently..
observe the methods and prinuples of the Chanlies SORP IFRS 102).,
make iudgments and accounting est"matesthat are reasonable and prudent..
stale whether applicab UK Accounting Standards IFRS 1021 have been followed. subject to wy material
departures disdosed and explained in the f.,nanaal stateThnls.'
prepare the financial ststements on the going eoncem basis unless it 1$ inappropriate to presume that the
Charitywlll continue in business.
The Trtee$ are r•spOlb for keepirvj thILOte aCc4yJn9 records that are sufficient to show and explaln
the Charitys IransactiLMS arHI di5dose with roasoftable accuraoy at any tim• tha financial po¥'tion of the Charlty
and enable them to ensure that the fiTh8ncial statements wmpty wth the Charities Act 2011, the Charlty
(Accounts and Reports) Regulalions 2008 ar the provisions of TnJ51 deed. They are also responsible for
safeguarding the 8s5ets of the Clwtty and hen[* for takiNJ r8asunable steps thts prevention ahd dete¢tior* t)f
traud and other itregularit•s.
members of Ihe bo8Td 0fTnlee$ on 15 2021 aThJ ggned on its behall by:
..Aoproved by o
SM*
Trustee
Pa. 4
**THE ALAN MATTEY CHARITABLE TRUST**
## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MAY 2019**
## **Independent examiner's report to the Trustees of The Alan Mattey Charitable Trust ('the Charity')**
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 May 2019.
## **Responsibilities and basis of report**
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no 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 Charity as required by section 130 of the 2011 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.
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My 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 work or for this report.
Signed: Dated: 15 April 2021 Christina Georgiou, FCA
## **Haslers**
Chartered Accountants Old Station Road Loughton Essex IG10 4PL
Page 5
## **THE ALAN MATTEY CHARITABLE TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2019**
|**Note**
**Income from:**
Donations and legacies
3
Investments
4
**Total income**
**Expenditure on:**
Charitable activities
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Unrestricted**
**funds**
**2019**
**£**
**150,000**
**2**
**150,002**
**105,040**
**105,040**
**44,962**
**3,487**
**44,962**
**48,449**|**Restricted**
**funds**
**2019**
**£**
**1,287**
**-**
**1,287**
**1,287**
**1,287**
**-**
**-**
**-**
**-**|**Total**
**funds**
**2019**
**£**
**151,287**
**2**
**151,289**
**106,327**
**106,327**
**44,962**
**3,487**
**44,962**
**48,449**|_Total_
_funds_
_2018_
_£_
_3,487_
_-_|
|---|---|---|---|---|
|||||_3,487_|
|||||_-_|
|||||_-_|
||||||
|||||_3,487_|
|||||_-_
_3,487_|
|||||_3,487_|
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 8 to 13 form part of these financial statements.
Page 6
THE ALAN MATTEY CHARifA8LE TRUST
8ALANCE SHEET
AS AT 31 MAY 2019
2019
2018
Curr•n¢ *$g•t&
Cash ot bank and in han(1
50,189
3.487
50.189
3.487
Creditors: amoLtnts fallry due wthin onè
(1,740)
Net current assets
3,487
Totol amets cun•nl Ilabiwti09
3,487
Totsl n•t as•èts
48,449
3,487
Charity lunds
Reslrreted funds
UntEstrlcigd fLd8
10
10
3.487
Total funds
48,449
3,487
The finan . I statements were approved and wlhcrfised for issue by the Truslees on 15 April 2021 sned
n their b
al
by-
S Il*tt•y
The rth5 on pages 8 to 13 form part ofthese finartiai ststeThits.
Pagè 7
**THE ALAN MATTEY CHARITABLE TRUST**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2019**
## **1. General information**
The Alan Mattey Charitable Trust is unincorporated and recognised as a charitable trust by the Charity Commission. The address of the registered office is Lawrence House, Goodwyn Avenue, London, NW7 3RH. The principal objective of the Trust is the promotion and advancement of primarily local charities at the discretion of the Trustees.
## **2. Accounting policies**
## **2.1 Basis of preparation of financial statements**
The financial statements 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 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The Alan Mattey Charitable Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
## **2.2 Income**
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
## **2.3 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
Page 8
**THE ALAN MATTEY CHARITABLE TRUST**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2019**
## **2. Accounting policies (continued)**
## **2.4 Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
## **2.5 Cash at bank and in hand**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **2.6 Liabilities and provisions**
Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the statement of financial activities as a finance cost.
## **2.7 Financial instruments**
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **2.8 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
Page 9
## **THE ALAN MATTEY CHARITABLE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2019**
## **3. Income from donations and legacies**
|**Unrestricted**
**funds**
**2019**
**£**
Donations
150,000
_Total 2018_
_3,487_
**4.**
**Investment income**
Bank interest
**5.**
**Analysis of grants**
Grants
**6.**
**Analysis of expenditure by activities**
**Grant**
**funding of**
**activities**
**2019**
**£**
Expenditure
104,587|**Restricted**
**funds**
**2019**
**£**
1,287
_-_
**Grants to**
**Institutions**
**2019**
**£**
104,587
**Support**
**costs**
**2019**
**£**
1,740|**Total**
**funds**
**2019**
**£**
**151,287**
_3,487_
**Total**
**funds**
**2019**
**£**
**2**
**Total**
**funds**
**2019**
**£**
**104,587**
**Total**
**funds**
**2019**
**£**
**106,327**|_Total_
_funds_
_2018_
_£_
_3,487_|
|---|---|---|---|
||||_Total_
_funds_
_2018_
_£_
_-_|
||||_Total_
_funds_
_2018_
_£_
_-_|
||||_Total_
_funds_
_2018_
_£_
_-_|
Page 10
## **THE ALAN MATTEY CHARITABLE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2019**
## **7. Independent examiner's remuneration**
||**2019**|_2018_|
|---|---|---|
||**£**|_£_|
|Fees payable to the Charity's independent examiner for the independent|||
|examination of the Charity's annual accounts|**1,740**|_-_|
## **8. Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits _(2018 - £NIL)_ .
During the year ended 31 May 2019, no Trustee expenses have been incurred _(2018 - £NIL)_ .
## **9. Creditors: Amounts falling due within one year**
||**2019**|_2018_|
|---|---|---|
||**£**|_£_|
|Accruals|**1,740**|_-_|
Page 11
**THE ALAN MATTEY CHARITABLE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2019**
## **10. Statement of funds**
## **Statement of funds - current year**
|**Unrestricted funds**
General Funds
**Restricted funds**
Maccabi GB
**Total of funds**|**Balance at 1**
**June 2018**
**£**
**3,487**
**-**
**3,487**|**Income**
**£**
**150,002**
**1,287**
**151,289**|**Expenditure**
**£**
**(105,040)**
**(1,287)**
**(106,327)**|**Balance at**
**31 May 2019**
**£**
**48,449**|
|---|---|---|---|---|
|||||**-**|
|||||**48,449**|
Maccabi GB - Monies donated to go towards helping in the running of Rowley Lane, a community facility for children’s sports activities.
## **Statement of funds - prior year**
|||_Balance at_|
|---|---|---|
||_Income_|_31 May 2018_|
||_£_|_£_|
|**Unrestricted funds**|||
|General Funds - all funds|_3,487_|_3,487_|
## **11. Summary of funds**
## **Summary of funds - current year**
|General funds
Restricted funds|**Balance at 1**
**June 2018**
**£**
**3,487**
**-**
**3,487**|**Income**
**£**
**150,002**
**1,287**
**151,289**|**Expenditure**
**£**
**(105,040)**
**(1,287)**
**(106,327)**|**Balance at**
**31 May 2019**
**£**
**48,449**
**-**|
|---|---|---|---|---|
|||||**48,449**|
Page 12
## **THE ALAN MATTEY CHARITABLE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2019**
## **11. Summary of funds (continued)**
## **Summary of funds - prior year**
|||_Balance at_|
|---|---|---|
||_Income_|_31 May 2018_|
||_£_|_£_|
|General funds|_3,487_|_3,487_|
## **12. Analysis of net assets between funds Analysis of net assets between funds - current year**
|**Unrestricted**
**funds**
**2019**
**£**
Current assets
50,189
Creditors due within one year
(1,740)
**Total**
48,449|**Total**
**funds**
**2019**
**£**
**50,189**
**(1,740)**|
|---|---|
||**48,449**|
## **Analysis of net assets between funds - prior year**
|Current assets
**Total**|_Unrestricted_
_funds_
_2018_
_£_
3,487
3,487|_Total_
_funds_
_2018_
_£_
_3,487_|
|---|---|---|
|||_3,487_|
## **13. Related party transactions**
There were no transactions with related parties during the period (2018: Nil).
Page 13