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2021-04-05-accounts

DocuSign Envelope ID: F02979E6-8AAB-410B-B44D-28F395A2C927

CHARITY REGISTRATION NUMBER: 1128839

SCIENCES PO ALUMNI UK CHARITY TRUST TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2021

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DocuSign Envelope ID: F02979E6-8AAB-410B-B44D-28F395A2C927

SCIENCES PO ALUMNI UK CHARITY TRUST TRUSTEES’ REPORT FOR THE YEAR ENDED 5 APRIL 2021

Page

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DocuSign Envelope ID: F02979E6-8AAB-410B-B44D-28F395A2C927

SCIENCES PO ALUMNI UK CHARITY TRUST TRUSTEES’ REPORT FOR THE YEAR ENDED 5 APRIL 2021

Trustees Cécile d’Angelin, Chair of trustees Stéphane Rambosson Maëva Slotine Stefan Lavau Jean-Michel Tron Xavier Quattrocchi-Oubradous Treasurer Stefan Lavau Correspondence Address The Sciences Po Alumni UK Charity Trust 15 Drayton Gardens London SW10 9RY UK Mr Stefan Lavau 76 Rue Lecourbe 75015 Paris France Mrs Maëva Slotine Flat 02 9[th] Floor Block 80 Bamboo Grove 74-86 Kennedy Road Hong Kong Independent Examiner Karen Wyatt Wyatts Chartered Accountants York House 1 Seagrave Road London SW6 1RP

Bankers

HSBC 76-78 Kings Road London SW3 4TZ CHARITY NUMBER: 1128839

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DocuSign Envelope ID: F02979E6-8AAB-410B-B44D-28F395A2C927

SCIENCES PO ALUMNI UK CHARITY TRUST TRUSTEES’ REPORT FOR THE YEAR ENDED 5 APRIL 2021

The Trustees submit their annual report, together with the accounts of the Charity, for the year ended 5 April 2021. The accounts comply with current statutory requirements and are in the format prescribed by the Charities Commission Statement of Recommended Practice (FRS 102). The report should be read in conjunction with the general information provided on page 1.

Objective and activities for the public benefit

The object of the Trust is to advance education, in particular but not exclusively, by financially supporting students wishing to study through one of the Sciences Po programmes, Sciences Po being a leading university for teaching and research in social sciences. Another means to advance education is by the provision and assistance in the provision of facilities at Sciences Po.

During the financial year ended 5 April 2021, the Trust has carried out these objects by financing scholarships to individuals on the basis of both outstanding academic results and strained financial resources, previously selected by Sciences Po, and:

For each one of the receiving students of the Assia de Juniac, the Roger Seydoux, and the King’s College awards, access to Sciences Po-LSE and the Sciences Po-King’s College double master’s degrees – for which they had been selected by the universities – would not have been possible without the scholarship. The scholarships create opportunities to the beneficiaries by allowing them access to a year of study at Sciences Po in Paris and a year of study either at the London School of Economics and Political Science in London, or at the King’s College in London. They also contribute to Sciences Po’s, the LSE’s and the King’s College’s reputation by making it possible for three outstanding students to follow their double master’s degree.

Allocations of funds towards specific education projects at Sciences Po were also decided by the Trustees of the Charity, as follows:

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DocuSign Envelope ID: F02979E6-8AAB-410B-B44D-28F395A2C927

SCIENCES PO ALUMNI UK CHARITY TRUST TRUSTEES’ REPORT FOR THE YEAR ENDED 5 APRIL 2021

Structure, Governance and Management

The trust is a registered charity, number 1128839, and is constituted under a Trust Deed dated 4 March 2009.

Trustees are appointed for a term of two years by a resolution of the trustees passed at a special meeting. The Trust Deed provides for a minimum of three trustees.

Trustees meet or correspond, especially by email, on a regular basis. Minutes are drafted and executed by the trustees to keep record of the decisions met.

Plans for the Future

The Trustees are seeking for adequate application of the Trust’s income. The policy is not to create an endowment fund. Therefore, it is expected within the next twelve months that:

Trustees Induction and Training

The Trustees look for suitable candidates to join the Board who can bring experience and expertise relevant to the charity’s objectives. New Trustees are invited to join the Board by the existing Chairman following consultations with existing Trustees. This method of recruitment enables the Board to assess the future contribution and effectiveness of each new member.

The Trustee designate is then supplied with a welcome pack containing information covering all aspects of Sciences Po Alumni UK Charity Trust’s work. They will have access to the Trust Deed and history of Sciences Po Alumni UK Charity Trust, annual reports and accounts and a brief overview of all key policies relating to the Board and the organisation.

The Trustee designate must then attend a meeting with the Trustees who will familiarise the Trustee with all the activities within the charity.

Related Party Transactions & Conflict of Interest

In accordance with charity policy, on joining the board, Trustees must declare any interests that may conflict with their ability to act appropriately in their role as Trustee. If a conflict of interest should arise, they will be required to withdraw from any related decision-making situations.

Risk Management

The Trustees have considered the major risks to which the charity is exposed and have reviewed those risks and established procedures to manage those risks.

Facing students’ financial needs underestimation

Our major operational risk is the extent to which students awards successfully advance education of those students and especially that their budgets are realistic, and they don’t drop out of their studies or fall behind their potential for financial reasons. The trustees manage this risk by working

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DocuSign Envelope ID: F02979E6-8AAB-410B-B44D-28F395A2C927

SCIENCES PO ALUMNI UK CHARITY TRUST TRUSTEES’ REPORT FOR THE YEAR ENDED 5 APRIL 2021

closely with Sciences Po Paris’s team in charge of the United Kingdom programmes and monitoring the awarded students during the two years of the Sciences Po-LSE and the Sciences Po-King’s College master’s degrees.

Mr. Abid Adonis, Mr. Meran Annalingan and Mr. Artur Honich were the 2019 recipients of the Assia de Juniac, the Roger Seydoux and the King’s College awards. Payments of their scholarships to the LSE and King’s College were processed in Fall 2020, as they have started their LSE and King’s College curriculum for school year 2020-2021.

The 2020 awards were allocated to three outstanding students: Ms Olivia De Vesci (Assia de Juniac award, £16,500), Mr Mounir Zriouil (Roger Seydoux award, £9,000), and Mr Anjali Shenoy (King’s College Award, £10,000). After completing their first year of the double degree programme in Paris, they will complete their school year at the LSE and the King’s College starting fall 2021. Scholarships are to be paid directly to the LSE and the King’s College during their 2021-2022 school year.

Trustee Remuneration and Expenses

Trustees give their time freely with no remuneration paid during the year. However, expenses incurred whilst operating on behalf of the charity can be paid to the Trustees, primarily to cover their travel and subsistence costs. There have been no such expenses for the year ended 5 April 2021.

Financial Review

The Trust is pleased to have been able to raise £634,496 during the financial year 2020-2021.

Unlike previous years, due to the Covid sanitary context, no Sciences Po Gala Dinner was organised during the year ended 5 April 2021.

All the funds raised are coming from Donations. The Trust received between April 6[th] 2020 and April 5[th] 2021 an amount of £625,485 total gifts, of which £600,480 should be considered restricted, as they should be directed to specific projects as per the donors’ wishes.

A share of the gifts received during this tax year will lead to a gift aid, to be received from HMRC during subsequent tax years, for a potential maximum amount of £8,629 (gift aid received from HMRC received in October 2021).

The amount of money spent during that financial year was £635,964, with the following use of proceeds:

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DocuSign Envelope ID: F02979E6-8AAB-410B-B44D-28F395A2C927

SCIENCES PO ALUMNI UK CHARITY TRUST TRUSTEES’ REPORT FOR THE YEAR ENDED 5 APRIL 2021

disciplines; to facilitate the inter-relationship between research and teaching; to forge ever-closer ties with practitioners from all professional circles; and to reinforce the role of the social sciences in public life. New facilities – technology-enabled rooms, a courtroom, a newsroom for the School of Journalism, a business incubator, etc. – will place this campus at the forefront of the pedagogical revolution that is transforming higher education. The new Campus is due to open in 2022.

Additional Information

Grant making policy

The grants to the Fondation Nationale des Sciences Politiques, in Paris are substantial application of income. They have been decided by the trustees for expenditure following budgets submitted to them for selection and approbation. Details of the allocation of these amounts are given above, in the paragraph “Objective and activities for the public benefit”.

Cementing partnerships with strategic alliances

Further relationships with Sciences Po are being built by the Trustees, meeting regularly with Frederic Mion, Director of Sciences Po, and his interim successor Bénédicte Durand as of early 2021. Nathalie Jacquet, Head of Development, Ms. Anne-Sophie Luby-Leblois, in charge of Sciences Po’s relationships with Donors and the Sciences Po Alumni Team in Paris.

Investment Policy

The Trust’s assets are kept on an interest-bearing account with HSBC.

Reserves Policy

The Trustees are committed to maintain free reserves in unrestricted funds at an appropriate level, which equates or exceeds £35,500 which corresponds to the annual cost of the main scholarships Assia de Juniac, Roger Seydoux and King’s College.

Trustees’ responsibilities in relation to the financial statements

The Trustees are responsible for preparing the Trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards. The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year, which gives a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing those financial statements, the trustees are required to:

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DocuSign Envelope ID: F02979E6-8AAB-410B-B44D-28F395A2C927

SCIENCES PO ALUMNI UK CHARITY TRUST TRUSTEES’ REPORT FOR THE YEAR ENDED 5 APRIL 2021

The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and enable them to ascertain to ensure that the financial statements comply with the Charities Act 1993, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website.

Approved by the Trustees on 29 January 2021 and signed on their behalf by:

Signature:

Signature:

Name: Cécile d’Angelin Capacity: Trustee Signature:

Name: Xavier Quattrocchi-Oubradous Capacity: Trustee Signature: [Xevivr66688B970F814B1...DocuSigned Gatrecdi-Pubradons by:

Name: Maëva Slotine Capacity: Trustee

Name: Stefan Lavau Capacity: Trustee and Treasurer

Signature:

Name: Stéphane Rambosson Capacity: Trustee

Signature:

f JaDocuSignedF7BC1857B1C5442...—Aidel by: Trow Name: Jean-Michel Tron Capacity: Trustee

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Docusign EnvÈlope ID." FO2979E&8AAPA1O￿B44D-28F39SA2c927 SCIENCES PO ALUMNI UK CHARITY TRUST INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 5 APRIL 2021 Independent Examinerfs Report to tho trustees of Sciences Po Alumni UK Charity Trust I report on the acGourrts for the year ended 5 Aptil 2021 which are set out on pages 10-18. Respective responsibilities of the 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. It is my responsibility to- examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145{5)(b) of the Charities Act, and to state whether particular matters have come to my attention. Basis of independent oxamln0￿S statement My examination was carried out in accordance with 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 the trustees conceming any such matters. The wocedures 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 fairf view and the report bs limited to those matters set OLrt in the statement below. Independènt Examinerfs $tatemont In conn8Ction with my examination. no matter has come to my attention: 1. which gives me reasonable cause to believe that in. any material respec( the requirements.. to keep accounting records in accordance viith section 130 of the Charities Act,. and to prepare accounts which accord with the accounting records and 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 understanding of the accounts to be reached. Name.. Karen Wyatt FCA Relevant Professional bcxly.. ICAEW Address.. York House, 1 Seagrave Road. London, S￿V8 1 RP

DocuSign Envelope ID: F02979E6-8AAB-410B-B44D-28F395A2C927

SCIENCES PO ALUMNI UK CHARITY TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2021

Note

Income and endowments
Voluntary income
1
Activities for generating funds
1
Investment income
1
Total income
Expenditure
Costs of Generating Funds
Fundraising costs
2
Charitable activities
2
Total expenditure
Net income/(expenditure)
before transfers
Gross transfers between funds
Net income/(expenditure)
before other recognised
gains/(losses)
Other recognised
gains/(losses)
Net movement in funds
Total funds brought forward
Total funds carried forward		 Unrestricted
Funds
2021
£
33,634
-
382
34,016
1,676
35,500
37,176
(3,160)
-
(3,160)
-
(3,160)
126,814
123,654		 Restricted
Funds
2021
£
600,480
-
-
600,480
-
600,464
600,464
16
-
16
-
16
10,400
10,416		 Total
2021
£
634,114
-
382
634,496
1,676
635,964
637,640
(3,144)
-
(3,144)
-
(3,144)
137,214
134,070
 Total
2020
£
110,548
37,700
287
148,535
39,366
247,176
286,542
(138,007)
-
(138,007)
-
(138,007)
275,221
£137,214




All income and expenditure derive from continuing activities.

The statement of financial activities includes all gains and losses recognised in the year.

The notes from pages 16-18 form part of these financial statements.

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DocuSign Envelope ID: F02979E6-8AAB-410B-B44D-28F395A2C927

SCIENCES PO ALUMNI UK CHARITY TRUST BALANCE SHEET AS AT 5 APRIL 2021

Notes 2021 2020
£ £
Current assets
Debtors 3
65,108		 65,108
56,479		 56,479
Cash at bank 72,082 72,082
82,295		 82,295
137,190 137,190
138,774		 138,774
Current Liabilities
Accruals 3,120 1,560
Net current assets 134,070 134,070 137,214
Total assets less current liabilities 134,070 137,214
Funds of the charity
Unrestricted funds 123,654
126,814		 126,814
Restricted funds 10,416 10,416 10,400
Total charity funds 134,070 134,070
137,214		 137,214

The financial statements were approved by the board of trustees and authorised for issue on 29 January 2021 , and are signed on behalf of the board by:

} Trustees }

The notes on pages 16 to 18 form part of these accounts.

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DocuSign Envelope ID: F02979E6-8AAB-410B-B44D-28F395A2C927

SCIENCES PO ALUMNI UK CHARITY TRUST STATEMENT OF CASH FLOWS AS AT 5 APRIL 2021

Notes2021 2020
£ £
Cash from operating activities
Net income/(expenditure)
 5(9,831) (159,760)
Cash flows from investing activities
Dividends, interest and rents from investments (382) (287)
Net cash from/ (used in) investing activities (382) (287)
Cash flows from financing activities
Net cash from/ (used in) financing activities 0 0
Net (decrease)/increase in cash and cash equivalents (10,213) (160,047)
Cash and cash equivalents at the beginning of the year 82,295 242,342
Cash and cash equivalents at the end of the year
72,082		 82,295

The notes on pages 16 to 18 form part of these financial statements.

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DocuSign Envelope ID: F02979E6-8AAB-410B-B44D-28F395A2C927

SCIENCES PO ALUMNI UK CHARITY TRUST ACCOUNTING POLICIES AS AT 5 APRIL 2021

Accounting policies

a) BASIS OF ACCOUNTS PREPARATION

These statements have been prepared in compliance with FRS102, ‘The Financial Reporting Standard applicable in UK and Republic of Ireland’, The 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) (Charities SORP (FRS 102) and the Charities Act 2011.

b) INCOMING RESOURCES

Recognition of incoming resources

Incoming resources with related expenditure

Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA.

Grants and donations

Grants and donations are only included in the statement of Financial Activities when the Charity has unconditional entitlement to the resources

Tax reclaims on donations and gifts

Incoming resources from tax reclaims are included in the Financial Activities at the same as the gift to which they relate.

Contractual income and performance related grants

This is only included in the SoFA once the related goods or services have been delivered.

Gifts in kind

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DocuSign Envelope ID: F02979E6-8AAB-410B-B44D-28F395A2C927

SCIENCES PO ALUMNI UK CHARITY TRUST ACCOUNTING POLICIES AS AT 5 APRIL 2021

Donated services and facilities

These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.

Volunteer help

The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.

Investment income

This is included in the accounts when receivable.

Restricted funds

Restricted Funds are funds which are used in accordance with the specific restrictions imposed by the donors. The cost of raising such funds is charged against these funds.

c) EXPENDITURE AND LIABILITIES

Liability recognition

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Governance costs

Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters.

Grants with performance conditions

Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output.

Grants payable without performance conditions

These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to the grant which remain in the control of the charity .

Support Costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, e.g. allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

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DocuSign Envelope ID: F02979E6-8AAB-410B-B44D-28F395A2C927

SCIENCES PO ALUMNI UK CHARITY TRUST ACCOUNTING POLICIES AS AT 5 APRIL 2021

Taxation

Sciences Po Alumni UK Charity Trust is a registered charity which renders its income exempt from UK income tax.

d) ASSETS

Tangible fixed assets for use by charity

These are capitalised if they can be used for more than one year and cost at least £500. They are valued at cost or a reasonable value on receipt.

Investments

Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.

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DocuSign Envelope ID: F02979E6-8AAB-410B-B44D-28F395A2C927

SCIENCES PO ALUMNI UK CHARITY TRUST NOTES TO THE FINANCIAL STATEMENTS AS AT 5 APRIL 2021

1. ANALYSIS OF INCOMING RESOURCES

Voluntary income
Donations and Gifts
HMRC Gift Aid
Amazon or Easy Fund Raising
Activities for generating funds
Revenues from Fundraising charity
gala dinner
Investment income
Bank account interest		 Unrestricted
funds
£
Restricted
funds
£
Total
2021
£
Total
2020
£
25,000
600,480
625,480
88,400
8,629
-
8,629
22,100
5
5
48
35,759
600,480
634,114
110,548
-
-
-
-
37,700
-
-
-
-
-
37,700
382
-
382
287
382
-
382
287

2. ANALYSIS OF OUTGOING RESOURCES

Cost of generating voluntary
income
Just Giving fees
Fundraising costs
Gala expenditure
Charitable activities
Scholarships paid to the London
School of Economics
Support of educative projects and
scholarships, originated by Sciences
PO Paris
Kings College Scholarships
Governance costs
Bank charges
Independent examiner’s fees		 Unrestricted
funds
£
Restricted
funds
£
Total
2021
£
Total
2020
£
-
-
-
-
-
-
-
-
-
-
-
37,666
-
-
-
37,666
25,500
-
25,500
25,500
-
600,464
600,464
211,616
10,000
-
10,000
10,000
35,500
600,464
635,964
247,116
116
-
116
140
1,560
-
1,560
1,620
1,676
-
1,676
1,760

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DocuSign Envelope ID: F02979E6-8AAB-410B-B44D-28F395A2C927

SCIENCES PO ALUMNI UK CHARITY TRUST NOTES TO THE FINANCIAL STATEMENTS AS AT 5 APRIL 2021

3. DEBTORS

HMRC Gift Aid
Total debtors		 Unrestricted
funds
£
Restricted
funds
£
Total
2021
£
Total
2020
£
65,108
-
65,108
56,479
65,108
-
65,108
56,479

4. CREDITORS

Accruals
Total creditors
. CASH AT BANK
HSBC Current Account
HSBC Money Manager
Total cash at bank		 Unrestricted
funds
£
Restricted
funds
£
Total
2021
£
Total
2020
£
3,120
-
3,120
1,560		 Unrestricted
funds
£
Restricted
funds
£
Total
2021
£
Total
2020
£
3,120
-
3,120
1,560
3,120
-
3,120
56,479
Unrestricted
funds
£
Restricted
funds
£
Total
2021
£
Total
2020
£
15,913
-
15,913
158
56,169
-
56,169
82,137
72,082
-
72,082
82,295

5. CASH AT BANK

6. RECONCILIATION OF NET INCOME/(EXPENDITURE)TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income/(expenditure) for the reporting period
Adjustments for:
Dividends, interest and rents from investment
Increase/(decrease) in creditors
Decrease/(increase) in debtors
Net cash from/(used in) operating activities		 2021
£
2020
£
(3,144)
(138,007)
382
287
1,560
60
(8,629)
(22,100)
(9,831)
(159,760)

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DocuSign Envelope ID: F02979E6-8AAB-410B-B44D-28F395A2C927

SCIENCES PO ALUMNI UK CHARITY TRUST NOTES TO THE FINANCIAL STATEMENTS AS AT 5 APRIL 2021

7. RELATED PARTY TRANSACTIONS

Neither the Trustees nor any persons connected with them received any remuneration, benefits in kind from the Charity during the year (2020: £nil).

During the year under review, no trustees received reimbursement of travelling expenses (2020: £nil).

8. STAFF COSTS AND EMOLUMENTS

No remuneration or other benefits from employment with the charity or related entity were received by the trustees.

The Trustees have decided not to take out indemnity insurance for the present time.

9. CAPITAL COMMITMENTS

As at 5 April 2021, Sciences Po Alumni UK Charity Trust had no unprovided capital commitments.

10. POST BALANCE SHEET EVENTS

On 12[th] March 2020, The World Health Organisation declared the coronavirus (COVID 19) a pandemic. Many countries, including the UK, have reacted to contain and delay the spread of the virus, which includes extensive social distancing, business closures and travel bans. The trustees consider the financial impact of this pandemic and have concluded that the matter is non -adjusting PBSE.

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Docusign EnvÈlope ID." FO2979E&8AAPA1O￿B44D-28F39SA2c927

Docusign EnvÈlope ID." FO2979E&8AAPA1O￿B44D-28F39SA2c927 SCIENCES PO ALUMNI UK CHARITY TRUST INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 5 APRIL 2021 Independent Examinerfs Report to tho trustees of Sciences Po Alumni UK Charity Trust I report on the acGourrts for the year ended 5 Aptil 2021 which are set out on pages 10-18. Respective responsibilities of the 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. It is my responsibility to- examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145{5)(b) of the Charities Act, and to state whether particular matters have come to my attention. Basis of independent oxamln0￿S statement My examination was carried out in accordance with 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 the trustees conceming any such matters. The wocedures 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 fairf view and the report bs limited to those matters set OLrt in the statement below. Independènt Examinerfs $tatemont In conn8Ction with my examination. no matter has come to my attention: 1. which gives me reasonable cause to believe that in. any material respec( the requirements.. to keep accounting records in accordance viith section 130 of the Charities Act,. and to prepare accounts which accord with the accounting records and 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 understanding of the accounts to be reached. Name.. Karen Wyatt FCA Relevant Professional bcxly.. ICAEW Address.. York House, 1 Seagrave Road. London, S￿V8 1 RP