Charity number: 1120811
Company number: 06135708
(England and Wales)
Living Well Dying Well Trust
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 March 2024
Living Well Dying Well Trust Contents Page For the year ended 31 March 2024
| Report of the Trustees | 1 |
|---|---|
| Independent Examiner's Report to the Trustees | 2 |
| Statement of Financial Activities | 3 |
| Statement of Financial Position | 4 |
| Notes to the Financial Statements | 5 to 9 |
Living Well Dying Well Trust Report of the Trustees
For the year ended 31 March 2024
The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 March 2024. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2019).
Chair's report
The Trust is in the early stages of development and has not engaged in its Charitable activities, during 2023/24.
A grant was received from an anonymous donor, which enabled the Trust to open a bank account. The funds are being held until the work of the Trust is ready to begin in 2025.
Three trustees were in post and during the term - Hermione Elliott and Athina Davies, one trustee resigned - Maxim Mackay James.
No employees have yet been appointed.
The aims for 2024/5 are to appoint a part-time administrator to complete the processes needed to manage grant applications and to administer the Trust.
OBJECTIVES AND ACTIVITIES
Statement on public benefit
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity Living Well Dying Well Trust Charity registration number 1120811 Company registration number 06135708 Principal address Office 2 1st Floor 139 High Street Lewes East Sussex BN7 1XS
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Ms Athina Davies Ms Hermione Anne Elliott Dr Maxim Alexander Mackay-James (Resigned: 19 June 2023) Independent examiners Clarke + Wells 66 High Street Lewes East Sussex BN7 1XG
Approved by the Board of Trustees and signed on its behalf by
............................................................................. 20 January 2025 Ms Hermione Anne Elliott
1 of 9
Living Well Dying Well Trust Independent Examiners Report to the Trustees
For the year ended 31 March 2024
I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiners statement
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:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the requirements of section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
Clarke + Wells 66 High Street Lewes East Sussex BN7 1XG
20 January 2025
2 of 9
Living Well Dying Well Trust
Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 March 2024
| Notes Income and endowments from: Donations and legacies 2 Investments 3 Total Expenditure on: Charitable activities 4/5 Total Net income Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 76,960 462 77,422 (2,403) (2,403) 75,019 834 75,853 |
2023 £ 834 - |
|---|---|---|
| 834 | ||
| - | ||
| - | ||
| 834 - |
||
| 834 |
3 of 9
06135708
Registered Number :
Living Well Dying Well Trust Statement of Financial Position As at 31 March 2024
| Notes | 2024 | 2023 | |
|---|---|---|---|
| £ | £ | ||
| Current assets | |||
| Cash at bank and in hand | 77,422 | 1,395 | |
| 77,422 | 1,395 | ||
| Creditors: amounts falling due within one year | 11 | (1,569) | (561) |
| Net current assets | 75,853 | 834 | |
| Total assets less current liabilities | 75,853 | 834 | |
| Net assets | 75,853 | 834 | |
| The funds of the charity | |||
| Unrestricted income funds | 12 | 75,853 | 834 |
| Total funds | 75,853 | 834 |
For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance
-
with section 476,
-
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting
-
records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Ms Hermione Anne Elliott Trustee
20 January 2025
4 of 9
Living Well Dying Well Trust Notes to the Financial Statements For the year ended 31 March 2024
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.
Living Well Dying Well 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 note(s).
Going concern
The financial statements are prepared, on a going concern basis, under the historical cost convention.
Funds
The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment.
Designated funds comprise of unrestricted funds that have been set aside by the Trustees for particular purposes.
Restricted funds have been provided to the charity for particular purposes, and it is the policy of the board of trustees to carefully monitor the application of those funds in accordance with the restrictions placed upon them.
There is no formal policy of transfer between funds or on the allocation of funds to designated funds, other than that described above
Incoming resources
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure.
Taxation
As a registered charity, the company is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only. Value Added Tax is not recoverable by the company, and is therefore included in the relevant costs in the Statement of Financial Activities.
2. Income from donations and legacies
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Unrestricted funds | ||
| Donations received | 76,960 | 834 |
| 76,960 | 834 |
5 of 9
Living Well Dying Well Trust Notes to the Financial Statements Continued For the year ended 31 March 2024
3. Investment income
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Unrestricted funds | |||
| Bank interest receivable | 462 | - | |
| 462 | - | ||
| 4. Costs of charitable activities by fund type | |||
| 2024 | 2023 | ||
| £ | £ | ||
| Unrestricted funds | |||
| Support costs | 2,403 | - | |
| 5. Costs of charitable activities by activity type | |||
| 2024 | 2023 | ||
| £ | £ | ||
| Support costs | |||
| To transform the way people | 2,403 | - | |
| experience death, dying and | |||
| bereavement | |||
| 6. Analysis of support costs | |||
| 2024 | 2023 | ||
| £ | £ | ||
| To transform the way people experience death, dying and bereavement | |||
| Management | 834 | - | |
| IT | 163 | - | |
| Admin Support | 1,106 | - | |
| Governance costs | 300 | - | |
| 2,403 | - |
6 of 9
Living Well Dying Well Trust Notes to the Financial Statements Continued
For the year ended 31 March 2024
7. Net income/(expenditure) for the year
This is stated after charging/(crediting):
| This is stated after charging/(crediting): | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Accountancy fees | 300 | - |
8. Staff costs and emoluments
No employee received a salary of more than £60,000 per annum in the period (2023: nil).
| 2024 | 2023 | |
|---|---|---|
| Staff | 0 | 0 |
| 0 | 0 |
9. Trustee remuneration and related party transactions
The charity trustees were not paid or received any other benefits from employment with the charity in the year (2023: £nil). No charity trustee received payment for professional or other services supplied to the charity.
10. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
11. Creditors: amounts falling due within one year
| Accruals and deferred income | 2024 £ 1,569 1,569 |
2023 £ 561 |
|---|---|---|
| 561 |
7 of 9
Living Well Dying Well Trust Notes to the Financial Statements Continued For the year ended 31 March 2024
12. Movement in funds
Unrestricted Funds
| General General Unrestricted Funds - Previous year General General Purpose of unrestricted Funds General To support the work of the Trust |
Balance at 01/04/2023 £ 834 834 Balance at £ - - |
Incoming resources £ 77,422 77,422 Incoming resources £ 834 834 |
Outgoing resources £ (2,403) (2,403) Outgoing resources £ - - |
Balance at 31/03/2024 £ 75,853 |
|---|---|---|---|---|
| 75,853 | ||||
| Balance at £ 834 |
||||
| 834 | ||||
13. Analysis of net assets between funds
| Unrestricted funds General General |
Net current assets / (liabilities) Net Assets £ £ 75,853 75,853 |
|---|---|
| 75,853 75,853 |
8 of 9
Living Well Dying Well Trust Notes to the Financial Statements Continued For the year ended 31 March 2024
| Previous year Unrestricted funds General General |
Net current assets / (liabilities) Net Assets £ £ 834 834 |
|---|---|
| 834 834 |
9 of 9
Charity number: 1120811
Company number: 06135708
(England and Wales)
Living Well Dying Well Trust
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 March 2024
Living Well Dying Well Trust Contents Page For the year ended 31 March 2024
| Report of the Trustees | 1 |
|---|---|
| Independent Examiner's Report to the Trustees | 2 |
| Statement of Financial Activities | 3 |
| Statement of Financial Position | 4 |
| Notes to the Financial Statements | 5 to 9 |
Living Well Dying Well Trust Report of the Trustees
For the year ended 31 March 2024
The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 March 2024. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2019).
Chair's report
The Trust is in the early stages of development and has not engaged in its Charitable activities, during 2023/24.
A grant was received from an anonymous donor, which enabled the Trust to open a bank account. The funds are being held until the work of the Trust is ready to begin in 2025.
Three trustees were in post and during the term - Hermione Elliott and Athina Davies, one trustee resigned - Maxim Mackay James.
No employees have yet been appointed.
The aims for 2024/5 are to appoint a part-time administrator to complete the processes needed to manage grant applications and to administer the Trust.
OBJECTIVES AND ACTIVITIES
Statement on public benefit
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity Living Well Dying Well Trust Charity registration number 1120811 Company registration number 06135708 Principal address Office 2 1st Floor 139 High Street Lewes East Sussex BN7 1XS
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Ms Athina Davies Ms Hermione Anne Elliott Dr Maxim Alexander Mackay-James (Resigned: 19 June 2023) Independent examiners Clarke + Wells 66 High Street Lewes East Sussex BN7 1XG
Approved by the Board of Trustees and signed on its behalf by
............................................................................. 20 January 2025 Ms Hermione Anne Elliott
1 of 9
Living Well Dying Well Trust Independent Examiners Report to the Trustees
For the year ended 31 March 2024
I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiners statement
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:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the requirements of section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
Clarke + Wells 66 High Street Lewes East Sussex BN7 1XG
20 January 2025
2 of 9
Living Well Dying Well Trust
Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 March 2024
| Notes Income and endowments from: Donations and legacies 2 Investments 3 Total Expenditure on: Charitable activities 4/5 Total Net income Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 76,960 462 77,422 (2,403) (2,403) 75,019 834 75,853 |
2023 £ 834 - |
|---|---|---|
| 834 | ||
| - | ||
| - | ||
| 834 - |
||
| 834 |
3 of 9
06135708
Registered Number :
Living Well Dying Well Trust Statement of Financial Position As at 31 March 2024
| Notes | 2024 | 2023 | |
|---|---|---|---|
| £ | £ | ||
| Current assets | |||
| Cash at bank and in hand | 77,422 | 1,395 | |
| 77,422 | 1,395 | ||
| Creditors: amounts falling due within one year | 11 | (1,569) | (561) |
| Net current assets | 75,853 | 834 | |
| Total assets less current liabilities | 75,853 | 834 | |
| Net assets | 75,853 | 834 | |
| The funds of the charity | |||
| Unrestricted income funds | 12 | 75,853 | 834 |
| Total funds | 75,853 | 834 |
For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance
-
with section 476,
-
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting
-
records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Ms Hermione Anne Elliott Trustee
20 January 2025
4 of 9
Living Well Dying Well Trust Notes to the Financial Statements For the year ended 31 March 2024
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.
Living Well Dying Well 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 note(s).
Going concern
The financial statements are prepared, on a going concern basis, under the historical cost convention.
Funds
The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment.
Designated funds comprise of unrestricted funds that have been set aside by the Trustees for particular purposes.
Restricted funds have been provided to the charity for particular purposes, and it is the policy of the board of trustees to carefully monitor the application of those funds in accordance with the restrictions placed upon them.
There is no formal policy of transfer between funds or on the allocation of funds to designated funds, other than that described above
Incoming resources
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure.
Taxation
As a registered charity, the company is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only. Value Added Tax is not recoverable by the company, and is therefore included in the relevant costs in the Statement of Financial Activities.
2. Income from donations and legacies
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Unrestricted funds | ||
| Donations received | 76,960 | 834 |
| 76,960 | 834 |
5 of 9
Living Well Dying Well Trust Notes to the Financial Statements Continued For the year ended 31 March 2024
3. Investment income
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Unrestricted funds | |||
| Bank interest receivable | 462 | - | |
| 462 | - | ||
| 4. Costs of charitable activities by fund type | |||
| 2024 | 2023 | ||
| £ | £ | ||
| Unrestricted funds | |||
| Support costs | 2,403 | - | |
| 5. Costs of charitable activities by activity type | |||
| 2024 | 2023 | ||
| £ | £ | ||
| Support costs | |||
| To transform the way people | 2,403 | - | |
| experience death, dying and | |||
| bereavement | |||
| 6. Analysis of support costs | |||
| 2024 | 2023 | ||
| £ | £ | ||
| To transform the way people experience death, dying and bereavement | |||
| Management | 834 | - | |
| IT | 163 | - | |
| Admin Support | 1,106 | - | |
| Governance costs | 300 | - | |
| 2,403 | - |
6 of 9
Living Well Dying Well Trust Notes to the Financial Statements Continued
For the year ended 31 March 2024
7. Net income/(expenditure) for the year
This is stated after charging/(crediting):
| This is stated after charging/(crediting): | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Accountancy fees | 300 | - |
8. Staff costs and emoluments
No employee received a salary of more than £60,000 per annum in the period (2023: nil).
| 2024 | 2023 | |
|---|---|---|
| Staff | 0 | 0 |
| 0 | 0 |
9. Trustee remuneration and related party transactions
The charity trustees were not paid or received any other benefits from employment with the charity in the year (2023: £nil). No charity trustee received payment for professional or other services supplied to the charity.
10. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
11. Creditors: amounts falling due within one year
| Accruals and deferred income | 2024 £ 1,569 1,569 |
2023 £ 561 |
|---|---|---|
| 561 |
7 of 9
Living Well Dying Well Trust Notes to the Financial Statements Continued For the year ended 31 March 2024
12. Movement in funds
Unrestricted Funds
| General General Unrestricted Funds - Previous year General General Purpose of unrestricted Funds General To support the work of the Trust |
Balance at 01/04/2023 £ 834 834 Balance at £ - - |
Incoming resources £ 77,422 77,422 Incoming resources £ 834 834 |
Outgoing resources £ (2,403) (2,403) Outgoing resources £ - - |
Balance at 31/03/2024 £ 75,853 |
|---|---|---|---|---|
| 75,853 | ||||
| Balance at £ 834 |
||||
| 834 | ||||
13. Analysis of net assets between funds
| Unrestricted funds General General |
Net current assets / (liabilities) Net Assets £ £ 75,853 75,853 |
|---|---|
| 75,853 75,853 |
8 of 9
Living Well Dying Well Trust Notes to the Financial Statements Continued For the year ended 31 March 2024
| Previous year Unrestricted funds General General |
Net current assets / (liabilities) Net Assets £ £ 834 834 |
|---|---|
| 834 834 |
9 of 9
Charity number: 1120811
Company number: 06135708
(England and Wales)
Living Well Dying Well Trust
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 March 2024
Living Well Dying Well Trust Contents Page For the year ended 31 March 2024
| Report of the Trustees | 1 |
|---|---|
| Independent Examiner's Report to the Trustees | 2 |
| Statement of Financial Activities | 3 |
| Statement of Financial Position | 4 |
| Notes to the Financial Statements | 5 to 9 |
Living Well Dying Well Trust Report of the Trustees
For the year ended 31 March 2024
The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 March 2024. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2019).
Chair's report
The Trust is in the early stages of development and has not engaged in its Charitable activities, during 2023/24.
A grant was received from an anonymous donor, which enabled the Trust to open a bank account. The funds are being held until the work of the Trust is ready to begin in 2025.
Three trustees were in post and during the term - Hermione Elliott and Athina Davies, one trustee resigned - Maxim Mackay James.
No employees have yet been appointed.
The aims for 2024/5 are to appoint a part-time administrator to complete the processes needed to manage grant applications and to administer the Trust.
OBJECTIVES AND ACTIVITIES
Statement on public benefit
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity Living Well Dying Well Trust Charity registration number 1120811 Company registration number 06135708 Principal address Office 2 1st Floor 139 High Street Lewes East Sussex BN7 1XS
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Ms Athina Davies Ms Hermione Anne Elliott Dr Maxim Alexander Mackay-James (Resigned: 19 June 2023) Independent examiners Clarke + Wells 66 High Street Lewes East Sussex BN7 1XG
Approved by the Board of Trustees and signed on its behalf by
............................................................................. 20 January 2025 Ms Hermione Anne Elliott
1 of 9
Living Well Dying Well Trust Independent Examiners Report to the Trustees
For the year ended 31 March 2024
I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiners statement
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:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the requirements of section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
Clarke + Wells 66 High Street Lewes East Sussex BN7 1XG
20 January 2025
2 of 9
Living Well Dying Well Trust
Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 March 2024
| Notes Income and endowments from: Donations and legacies 2 Investments 3 Total Expenditure on: Charitable activities 4/5 Total Net income Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 76,960 462 77,422 (2,403) (2,403) 75,019 834 75,853 |
2023 £ 834 - |
|---|---|---|
| 834 | ||
| - | ||
| - | ||
| 834 - |
||
| 834 |
3 of 9
06135708
Registered Number :
Living Well Dying Well Trust Statement of Financial Position As at 31 March 2024
| Notes | 2024 | 2023 | |
|---|---|---|---|
| £ | £ | ||
| Current assets | |||
| Cash at bank and in hand | 77,422 | 1,395 | |
| 77,422 | 1,395 | ||
| Creditors: amounts falling due within one year | 11 | (1,569) | (561) |
| Net current assets | 75,853 | 834 | |
| Total assets less current liabilities | 75,853 | 834 | |
| Net assets | 75,853 | 834 | |
| The funds of the charity | |||
| Unrestricted income funds | 12 | 75,853 | 834 |
| Total funds | 75,853 | 834 |
For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance
-
with section 476,
-
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting
-
records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Ms Hermione Anne Elliott Trustee
20 January 2025
4 of 9
Living Well Dying Well Trust Notes to the Financial Statements For the year ended 31 March 2024
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.
Living Well Dying Well 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 note(s).
Going concern
The financial statements are prepared, on a going concern basis, under the historical cost convention.
Funds
The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment.
Designated funds comprise of unrestricted funds that have been set aside by the Trustees for particular purposes.
Restricted funds have been provided to the charity for particular purposes, and it is the policy of the board of trustees to carefully monitor the application of those funds in accordance with the restrictions placed upon them.
There is no formal policy of transfer between funds or on the allocation of funds to designated funds, other than that described above
Incoming resources
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure.
Taxation
As a registered charity, the company is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only. Value Added Tax is not recoverable by the company, and is therefore included in the relevant costs in the Statement of Financial Activities.
2. Income from donations and legacies
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Unrestricted funds | ||
| Donations received | 76,960 | 834 |
| 76,960 | 834 |
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Living Well Dying Well Trust Notes to the Financial Statements Continued For the year ended 31 March 2024
3. Investment income
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Unrestricted funds | |||
| Bank interest receivable | 462 | - | |
| 462 | - | ||
| 4. Costs of charitable activities by fund type | |||
| 2024 | 2023 | ||
| £ | £ | ||
| Unrestricted funds | |||
| Support costs | 2,403 | - | |
| 5. Costs of charitable activities by activity type | |||
| 2024 | 2023 | ||
| £ | £ | ||
| Support costs | |||
| To transform the way people | 2,403 | - | |
| experience death, dying and | |||
| bereavement | |||
| 6. Analysis of support costs | |||
| 2024 | 2023 | ||
| £ | £ | ||
| To transform the way people experience death, dying and bereavement | |||
| Management | 834 | - | |
| IT | 163 | - | |
| Admin Support | 1,106 | - | |
| Governance costs | 300 | - | |
| 2,403 | - |
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Living Well Dying Well Trust Notes to the Financial Statements Continued
For the year ended 31 March 2024
7. Net income/(expenditure) for the year
This is stated after charging/(crediting):
| This is stated after charging/(crediting): | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Accountancy fees | 300 | - |
8. Staff costs and emoluments
No employee received a salary of more than £60,000 per annum in the period (2023: nil).
| 2024 | 2023 | |
|---|---|---|
| Staff | 0 | 0 |
| 0 | 0 |
9. Trustee remuneration and related party transactions
The charity trustees were not paid or received any other benefits from employment with the charity in the year (2023: £nil). No charity trustee received payment for professional or other services supplied to the charity.
10. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
11. Creditors: amounts falling due within one year
| Accruals and deferred income | 2024 £ 1,569 1,569 |
2023 £ 561 |
|---|---|---|
| 561 |
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Living Well Dying Well Trust Notes to the Financial Statements Continued For the year ended 31 March 2024
12. Movement in funds
Unrestricted Funds
| General General Unrestricted Funds - Previous year General General Purpose of unrestricted Funds General To support the work of the Trust |
Balance at 01/04/2023 £ 834 834 Balance at £ - - |
Incoming resources £ 77,422 77,422 Incoming resources £ 834 834 |
Outgoing resources £ (2,403) (2,403) Outgoing resources £ - - |
Balance at 31/03/2024 £ 75,853 |
|---|---|---|---|---|
| 75,853 | ||||
| Balance at £ 834 |
||||
| 834 | ||||
13. Analysis of net assets between funds
| Unrestricted funds General General |
Net current assets / (liabilities) Net Assets £ £ 75,853 75,853 |
|---|---|
| 75,853 75,853 |
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Living Well Dying Well Trust Notes to the Financial Statements Continued For the year ended 31 March 2024
| Previous year Unrestricted funds General General |
Net current assets / (liabilities) Net Assets £ £ 834 834 |
|---|---|
| 834 834 |
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