Regtstered Charlty Number: 1121M49 MISS C M SCOTT-SMITH DECEASED CHARITABLE TRUST ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2024
MISS C M SCOTh-SMrrH DECEASED CHARITABLE TRUST ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2024 CONTENTS Page Inforniation shect Independent examiners report Balance sheet Receipts and payments account Income distribution account
Illlss C M SCOTT-SMITH DECEASED CHARITABLE TRUST nyFORMATION SHEET FOR THE YEAR ENDED 5 APRIL 2024 The Deceased Miss C M Scott-smith Date of Death 28 January 2004 Trustees Mr Richard Ostle Mr Antony Caulfield Mr David Young Adtninistrators Gaby Hardwicke 2 Eversley Road Bexhill-on-sea East Sussex Tr140 IEY Accountants McPhersons CFG Limited 23 St Leonards Road Bexhill-on-sea East Sussex TN40 IHH Page 1
Mtss C M SCOTT-SMITH DECEASED CHARITABLE TRUST INDEPEI¥DENT EXAMINERIS REPORT TO THE TRUSTEES OF ISs C M SCOTT-SMITH DECEASED CHARITABLE TRUST FOR THE YEAR ENDED 5 APRIL 2024 I report on the accounts of the trust for the year ended 5 April 2024 which are set out on pages 4 and 5. Respective responsibilities of trustees and examiners The charity's trustees are respollsible for the preparation of accounts. The charity's trustees consider that an audit is not required for the year under section 144(2) of the Charities Act 2011 (the 201 l Act) and that an independent examination is required. It is my responsibility to: - examine the accounts under section 145 of the 2011 Act. - follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 ACL and - state whether particular matters have come to my attention. Basis of examiner's report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting recor(ts 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 the 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 '*rue 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 our attention: l) 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 2011 Act. and - to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 ACL have not been met. or 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the acc o be reached. Peter Watters FCA MGPhersons CFG Limited Chartered Accountants 23 St Leonards Road Bexhill-on-sea East Sussex TN40 IHH Date: I¥/I/z&2r Page 2
MISS C M SCOTT-SMITH DECEASED CHARITABLE TRUST BALANCE SHEET FOR THE YEAR ENDED 5 APRIL 2024 Investments UK InvestLnents (at cost) 1,672,863 Cash at bank Gaby Hardwicke client account Rathbones 154,893 27,171 182,064 Debtors Rathbones Accrued income 1,022 1.022 Creditors Accoulltancy Legal and professional fees Income distribution account 2,280 2,000 940,534 (944,814) (943,792) Net current assets (761,728) Net Assets 911,135 Representing Estate Capital Accounts 911,135 The market value of the UK investments at 5 April 2024 was £1,842,603. I confimi that I approve these accounts on behalf of the Trustees. Mr R Ostle Date: 2DI-,I Page 3
MISS C M SCOTT-SMtTH DECEASED CHARITABLE TRUST ll¥COME ACCOUNT FOR THE YEAR ENDED 5 APRIL 2024 Income received Dividends received Interest received Profit on sale of investments Other income 35,615 24,984 95,973 156,571 Eipenses Accountancy Solicitors fees Investment managers fees Other expenses Loss on sale of investtnents 2,280 2,707 8,521 20,304 (33,812) Net income 122,759 Transfer to distribution account 122,759 Page 4
Mtss C M SCOTT-SMITH DECEASED CHARITABLE TRUST L¥COME DISTIUBUTION ACCOUNT FOR THE YEAR EISDED 5 APRIL 2024 Undistributed income brought forward 915,128 Income for the year 122.759 Distributions in the year (97,353) Undistributed income carried forward 940,534 Page 5