Charity Registration No. 1129132
Company Registration No. 6869381 (England and Wales)
THE PEBBLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
THE PEBBLE TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | James Simon Edward Arnell |
|---|---|
| Louise Margaret Arnell | |
| Louise Jane Stoten | |
| Secretary | James Simon Edward Arnell |
| Charity number | 1129132 |
| Company number | 6869381 |
| Principal address | 4th Floor |
| 5 Chancery Lane | |
| London | |
| WC2A 1LG | |
| Independent examiner | Gilbert Holbourn FCA FCCA DChA |
| 1 Upper Bridge Street | |
| Wye | |
| Kent | |
| TN25 5AF | |
| Bankers | The Co-operative Bank |
| PO Box 200 | |
| Delf House | |
| Southway | |
| Skelmersdale | |
| WN8 6GH | |
| Solicitors | New Quadrant Partners Limited |
| 4th Floor | |
| 5 Chancery Lane | |
| London | |
| WC2A 1LG | |
| Investment advisors | Hargreaves Lansdowne Asset Management Limited |
| One College Square South | |
| Anchor Road | |
| Bristol | |
| BS1 5HL |
THE PEBBLE TRUST
CONTENTS
| Page | |
|---|---|
| Trustee report | 1 - 5 |
| Independent examiner's report | 6 |
| Statement of financial activities | 7 |
| Balance sheet | 8 |
| Statement of cash flows | 9 |
| Notes to the accounts | 10 - 14 |
THE PEBBLE TRUST
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2022
The Trustees present their report and financial statements for the year ended 31 March 2022.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's trust deed, Companies Act 2006 and “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 U nited K ingdom and Republic of Ireland (FRS 102) (effective 1 January 2015)”
Objectives and activities
The Trustees operate a grant giving policy, providing funds for such charitable object or institution as the Trustees think fit.
Applications to the Charity for donations will be considered from UK registered charities, or from those individuals whose needs are considered to be of a charitable purpose particularly those linked to the Brighton and Hove area.
All appeals will only be considered if received in writing and should contain the following:
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Aims and objectives of the charity
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Nature of appeal
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Total target if for a specific project
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Registered Charity Number
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Any other relevant factors
Applications can be made via our website www.pebbletrust.org.
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THE PEBBLE TRUST
TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2022
Review of activities
The Trustees awarded and paid grants during the year totalling £920,275 (2021 - £435,178) in accordance with the Charity's grant making policy. A detailed list of all grants made in the year is included in Note 6 on page 13.
In previous years, the Pebble Trust funded research conducted by the Better Brighton and Hove Think Tank. This research resulted in a report that came out in 2021 highlighting concern amongst local statutory and nonstatutory services regarding the wellbeing, safety, risk and life opportunities of young men in Brighton. The Working with Young Men project was commissioned as a result of this concern which the Pebble Trust has made funding contributions towards in the year.
In addition to the core funding the Pebble Trust has provided to the Brighton Fringe in prior years, this year an additional £375,000 was contributed. This grant was unrestricted but was donated with the view that the Fringe should use these funds to cover the sums due to artists after one producer defaulted, and to cover loans by the Fringe to venues to assist in their recoveries following the financial difficulties such venues faced during the Covid 19 pandemic and/or for other general charitable purposes.
The Pebble Trust also entered into a five year agreement with the Sussex Wildlife Trust, pledging a £50,000 donation each year to help support the Sussex Kelp Restoration Project. The first of these annual donations was made in the current year.
The Pebble Trust also entered into a three year agreement with the Brighton Dome and Brighton Festival, pledging a £125,000 donation each year to enable the Brighton Dome and Brighton Festival to commission a key artistic event for the annual Brighton Festival. The first of these annual donations was made in the current year, and was used to commission a perambulatory theatrical event by an internationally renowned company, Dreamthinkspeak.
Continuing the talent grants scheme, the Trustees provided approximately 50 grants of up to £500 to local teenagers to help develop their talents in sport, music, the performing arts and academia.
The Trustees have continued their support of local organisations working with disadvantaged people in the city of Brighton and Hove.
In the prior year, the Trustees committed to support Martlets Hospice by making five annual donations of £35,000. The second of these donations was made in the current year.
Public Benefit
The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Trust's aims and objectives and in planning future activities and settling the grant making policy for the period.
The Trust carried out these objectives by providing grants to institutions that are also UK registered charities and UK registered organisations for charitable purposes and whose objects comply with the Trust's criteria. Whilst the Trustees are mindful of their own obligation to ensure that the Trust benefits the public generally, they take some assurance from the fact that recipients of grants are themselves regulated to ensure that they operate for the public benefit.
Potential recipients of grants are identified by the Trustees individually in areas where it is perceived that public benefit will be achieved. The opportunity to benefit is not restricted in any way except that grants are restricted to bodies registered in the UK, not least to facilitate the Trustees being able to follow up on the efficacy of the grants made. In all other respects grants are not limited in any way except that the recipients should have a charitable need.
The Trustees therefore consider that the Trust's activities are for the benefit of the public generally.
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THE PEBBLE TRUST
TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2022
Achievements and performance
Financial review
During the year ended 31 March 2022, total incoming resources amounted to £1,108,750 (2021 - £250,581) being income arising from donations and gift aid (2021 being income arising from donations, gift aid and interest).
The Trustees' charitable activities of promoting and enhancing charitable work amounted to £934,378 (2021 - £447,255). Governance costs including within charitable activities amounted to £14,103 (2021 - £12,077).
The net incoming resources were £174,372 (2021 - net outgoing resources £196,674).
All Funds are unrestricted.
Financial position
The statement of financial activities shows a total unrestricted funds figure of £117,894 (2021 - deficit of £56,478). The Trust generally applies the majority of funds to charitable causes each year however in the event that a surplus of unrestricted funds is available, the Trustees may use those funds to purchase such stocks, funds, shares, securities or other investments of whatsoever nature as the Trustees shall in their absolute discretion think fit. The Trustees shall have the same full and unrestricted powers of investing and converting investments in all other respects as if they were absolutely entitled to the Trust Fund beneficially.
Reserves Policy
The unrestricted fund represents the funds received by the Charity on its creation, adjusted for net movements since that date. The Trustees have the power to meet administrative expenses from this fund and may apply the income towards the general purposes of the Charity.
The Charity is operated as a grant giving charity, and the Trustees' policy is to administer the investment assets on an absolute return basis.
The Trustees will arrange further additions to the Charity to ensure the reserves are adequate and provide a stable basis for its continuing activities. These reserves are reviewed on a regular basis.
Investment policy and performance
Trust monies requiring investment under the Trust may be invested in the purchase of such stocks, funds, shares, securities or other investments of whatsoever nature as the Trustees shall in their absolute discretion think fit. The Trustees shall have the same full and unrestricted powers of investing and converting investments in all other respects as if they were absolutely entitled to the Trust Fund beneficially.
The Trustees will hold their cash on an interest bearing bank account where possible.
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THE PEBBLE TRUST
TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2022
Risk management
In line with the requirement of Charity Trustees to undertake a risk assessment exercise the Trustees have identified three main areas where risks may occur:
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Governance
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Operational
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Financial
Governance covers the continuity of trusteeship, the skills and background of the Trustees and the policy of regular meetings of the Trustees to review their aims and activities.
Operational risk covers the risk inherent in the delegation of statutory and legal requirements of the Charity, its management and secretarial functions and delegation of certain of those functions.
Financial risks include those inherent in delegation of the financial record keeping of the Charity, its independent examination or audit and review procedures.
Having assessed the major risks to which the Charity is exposed, in particular those relating to its finances, the Trustees believe that by ensuring controls exist over key financial systems incorporation the systems and controls implemented by New Quadrant Partners, subject to regular monitoring, they have established effective systems to mitigate those risks.
The risk management will be kept under regular review and is fully reassessed every three years.
Future plans
The Trustees have made several donation pledges this year and it is their aim to continue to meet these.
The Trustees will continue to support local organisations working with disadvantaged groups and to provide talent grants to local young people.
Structure, governance and management
The Pebble Trust was incorporated in England and Wales as a company limited by guarantee on 3 April 2009 (Company Registration No 6869381). The Charity was registered as a Charity with the Charity Commission on 14 April 2009. It is governed by its Memorandum and Articles of Association. The Charity is registered under the Charities Act 2011, Charity Registration Number 1129132.
Trustees
The names of the Trustees who served during the year are set out as part of the administrative information as well as below:
James Simon Edward Arnell Louise Margaret Arnell Louise Jane Stoten
Appointment of Trustees
The statutory power of appointment of new trustees lies with the trustees themselves. Apart from the first trustees, every trustee must be appointed by a resolution of the trustees passed at a special meeting. The trustees will select individuals with the relevant knowledge and experience needed for the effective administration of the charity.
The new trustee is given upon appointment a copy of the Trust Deed and any amendments thereto and a copy of the charity's latest report and financial statements and are thoroughly briefed by their co-trustees on the history of the Trust, the day to day management, the responsibilities of the trustees, the current objectives and future plans.
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THE PEBBLE TRUST
TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2022
Structure and management reporting
The Trustees are ultimately responsible for the policies, activities and assets of the Charity. They meet annually to review the developments with regard to the Charity, its grant giving activities and make any important decisions. When necessary, the Trustees seek advice and support from the Charity's professional advisors, including solicitors and accountants. The day to day management of the Charity's activities, and the implementation of policies, is dealt with by the Trustees themselves. New Quadrant Partners Limited ensure that the grant applications are presented to the Trustees as appropriate; the firm maintains the accounting records of the Charity.
At their meetings the Trustees review the proposals for grants to be made and approve such grants as appropriate.
Trustees' responsibilities in relation to the financial statements
The Trustees, who are also the directors of The Pebble Trust for the purpose of company law, are responsible for preparing the Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the Trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
In preparing these accounts, the Trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the accounts; and
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prepare the accounts on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the accounts comply with the Companies Act 2006. 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. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
This report was approved by the trustees and signed on their behalf by:
James Arnell (Jan 27, 2023 08:51 GMT)
..............................
James Simon Edward Arnell
27/1/23 Dated: .........................
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THE PEBBLE TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE PEBBLE TRUST
I report on the accounts of the Charity for the year ended 31 March 2022, which are set out on pages 7 to 14.
Audit Dispensation
An independent examination has been carried as an Audit Dispensation dated 17th January 2023 has been granted by the Charity Commission under Regulation 34(3)(b) of the Charities (Accounts and Reports) Regulations 2008.
Respective responsibilities of Trustees and examiner
The Trustees, who are also the directors of The Pebble Trust for the purposes of company law, are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination being a qualified member of the Institute of Chartered Accountants in England and Wales.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
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(i) examine the accounts under section 145 of the 2011 Act;
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(ii) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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(iii) to state whether particular matters have come to my attention.
Basis of independent 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 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 next statement.
Independent examiner's statement
In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect the requirements:
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(a) which gives me reasonable cause to believe that in any material respect the requirements:
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(i) to keep accounting records in accordance with section 386 of the Companies Act 2006; and
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(ii) to prepare accounts which accord with the accounting records, comply with the accounting requirements of 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities;
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have not been met or
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(b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Gilbert Holbourn
Gilbert Holbourn (Jan 27, 2023 19:32 GMT)
Gilbert Holbourn FCA FCCA DChA
1 Upper Bridge Street Wye Kent TN25 5AF
27-01-2023 Dated: .........................
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THE PEBBLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022
| Notes Income from: Donations and legacies 3 Investments 4 Total income Expenditure on: Charitable activities 5 Total resources expended Net income/(expenditure) for the year/ Net movement in funds Fund balances at 1 April 2021 Fund balances at 31 March 2022 |
Total 2022 £ 1,108,750 - 1,108,750 934,378 934,378 174,372 (56,478) 117,894 |
Total 2021 £ 250,500 81 250,581 447,255 447,255 (196,674) 140,196 (56,478) |
|---|---|---|
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
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THE PEBBLE TRUST
BALANCE SHEET
AS AT 31 MARCH 2022
| Notes Current assets Debtors 7 Cash at bank and in hand Creditors 8 Net current assets/(liabilities) Income funds Unrestricted funds |
2022 £ 273,037 401,757 674,794 556,900 |
£ 117,894 117,894 117,894 |
2021 £ 54,204 31,093 85,297 141,775 |
£ (56,478) (56,478) (56,478) |
|---|---|---|---|---|
For the financial year ended 31 March 2022, the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
The financial statements were approved by the Trustees and authorised for issue on ......................... and are signed on its behalf by:
Louise Arnell
| Louise Arnell | |
|---|---|
| James Arnell (Jan 27, 2023 08:51 GMT) | Louise Arnell (Jan 27, 2023 19:07 GMT) |
| .............................. | .............................. |
| James Simon Edward Arnell | Louise Margaret Arnell |
| Trustee | Trustee |
Company Registration No. 6869381
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THE PEBBLE TRUST
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2022
| 2022 | ||
|---|---|---|
| £ | ||
| Cash flows from operating activities | ||
| Net cash provided by operative activities | 370,664 | |
| Net increase/(decrease) in cash and cash equivalents | 370,664 | |
| Cash and cash equivalents at beginning of year | 31,093 | |
| Cash and cash equivalents at end of year | 401,757 | |
| Reconciliation of net movements in funds to net cash flow from | ||
| operating activities | ||
| Net income for the reporting period (as per the statement of financial | ||
| activities) | 174,372 | |
| Adjustments for: | ||
| (Increase)/decrease in creditors | (218,833) | |
| Increase/(decrease) in debtors | 415,125 | |
| Net cash provided by operating activities | 370,664 | |
| Analysis of cash and cash equivalents | ||
| Bank balances and short term deposits | 401,757 |
- 9 -
THE PEBBLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
1 Accounting policies
1.1 Accounting convention
These accounts have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”), “Accounting and Reporting by Charities” the Statement of Recommended Practice for charities applying FRS 102, the Companies Act 2006 and UK Generally Accepted Accounting Practice as it applies from 1 January 2015. The Charity is a Public Benefit Entity as defined by FRS 102.
The accounts 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 Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The accounts are prepared in sterling , which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.
1.2 Going concern
The trustees have assessed whether the use of the going concern assumption is appropriate in preparing these financial statements. The trustees have made this assessment in respect of a period of one year from the date of the approval of these financial statements.
The trustees of the Charity have concluded that there are no material uncertainties related to events or conditions which may cast significant doubt on the ability of the Charity to continue as a going concern.
The trustees are of the opinion that the Charity will have sufficient resources to meet its liabilities as they fall due.
1.3 Incoming resources
Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Interest is accounted for in the period in which the charity is entitled to receipt.
1.4 Resources expended
The cost of charitable activities are included in the statement of financial activities on an accrual basis, inclusive of VAT, which cannot be recovered.
Charitable costs comprise grants payable in promoting and enhancing charitable work carried out by other charitable organisations and the cost of administering the activities of the Charity. Grants payable are included in the statement of financial activities when approved and when the intended recipient has either received the funds or been informed of the decision to make the donation and has satisfied all related conditions. Grants approved but not paid at the end of the financial year are accrued. Grants where the beneficiary has not been informed or has to meet certain conditions before the grant is released are not accrued but are noted as financial commitments in the notes to the accounts.
Governance costs include costs which are directly attributable to the Independent Examination and other procedures necessary for compliance with statutory requirements and the governance of the charity.
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THE PEBBLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
1 Accounting policies
(Continued)
1.5 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.6 Financial instruments
The Company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised when the Charity becomes party to the contractual provisions of the instrument.
Financial assets are offset, with the net amounts presented in the accounts when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Derecognition of financial liabilities
Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.
1.7 Taxation
The Pebble Trust is a registered charity and therefore is not liable to income tax or corporation tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities.
1.8 Related party transactions
Ms L J Stoten is a partner of New Quadrant Partners, a firm of solicitors who provided legal and administrative services to the charity during the year. The total fees charged for the year (including VAT and disbursements) were £10,503 (2021 - £9,676).
James Simon Edward Arnell made donations of £887,000 (2021 - £200,000) to the charity in the year.
James Simon Edward Arnell serves as the Chairman of the Brighton Fringe committee on a nonremunerative basis. A conflict policy statement is in place which is monitored to ensure there is no conflict of interest between the Pebble Trust and Brighton Fringe and this is reviewed annually.
1.9 Members' liability
The Charity is constituted as a Company Limited by guarantee. In the event of the Charity being wound up, members are required to contribute an amount not exceeding £10 each (£30 in total).
1.10 Staff Costs and Trustees' Remuneration
The Charity employed no staff during the year (2021 - None).
The key management personnel of the charity consist of the trustees only.
No Trustee received any remuneration in respect of their services during the year (2021- £Nil).
None of the Trustees were reimbursed for travel expenses during the year (2021 - £Nil).
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THE PEBBLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
2 Critical accounting estimates and judgements
In the application of the Charity’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
No such judgements or estimates were used in the preparation of these financial statements.
3 Donations and legacies
| Donations and gifts inclusive of Gift Aid Investments Interest on Gift Aid Charitable activities Independent Examination fee Website design fee Brighton Fringe Awards Mentoring fees New Quadrant Partners Limited fees Grant funding of activities |
2022 £ 1,108,750 Total 2022 £ - 2022 £ 1,900 300 900 500 10,503 14,103 920,275 934,378 |
2021 £ 250,500 Total 2021 £ 81 2021 £ 1,450 751 200 - 9,676 12,077 435,178 447,255 |
|---|---|---|
4 Investments
5 Charitable activities
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THE PEBBLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
6 Grants payable
| Grants to institutions: A2 Arts Band of Brothers BID Enliven Brighton Brighton & Hove City Council vulnerable young men research project Brighton Dome & Brighton Fringe Brighton Fringe Festival Brighton Parent Infant Psychological Therapy Christ's Hospital Foundation Emmaus Extratime Family Support Work Fareshare Sussex Hummingbird Refugee Project Impact Initiatives Kennedy Street CIO Little Green Pig Martlets Hospice mASCot Mousecoomb Forest Garden & Wildlife Project New Venture Theatre Oasis Project Pedal People Rockinghorse Children's Charity South East Dance Speak Out St John's Ambulance Sussex Beacon Sussex Wildlife Trust Time to Talk Befriending Voices in Exile Whitehawk Community Food Project Talent grants and prizes to young persons: no individual person received a grant exceeding £500 |
2022 £ 7,500 - 5,000 59,111 375,000 112,500 - 35,850 2,079 4,505 3,000 - 5,000 4,654 2,000 5,000 1,400 - 4,200 - - 5,000 - - 5,000 3,000 5,000 250,000 - - - 894,799 25,476 920,275 |
2021 £ - 5,000 - - - 171,744 5,000 - 2,500 4,129 2,000 5,000 - - - - 175,000 2,000 7,000 2,000 4,910 - 1,000 10,000 - 5,000 2,500 - 3,000 3,000 1,800 412,583 22,595 435,178 |
|---|---|---|
In the prior year, the Trustees committed to make five annual payments of £35,000 to Martlets Hospice. The second of these annual payments was made in the year.
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THE PEBBLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
6 Grants payable
(Continued)
In the year, the Trustees committed to make five annual payments of £50,000 to The Sussex Wildlife Trust to help support the Sussex Kelp Restoration Project. The first of these annual payments was made in the year.
In the year, the Trustees committed to make three annual payments of £125,000 to the Brighton Dome & Brighton Fringe. The first of these annual payments was made in the year.
7 Debtors
| Amounts falling due within one year: Gift Aid recoverable Prepayment of governance costs Creditors Amounts falling due within one year: Independent Examiner's fees Grants authorised but not yet paid Amount falling due after one year: Grants authorised but not yet paid |
2022 £ 271,750 1,287 273,037 2022 £ 1,450 210,000 211,450 345,000 556,450 |
2021 £ 50,000 4,204 54,204 2021 £ 1,450 35,325 36,775 105,000 141,775 |
|---|---|---|
8 Creditors
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Pebble Trust accounts 31.03.2022 for signing
Final Audit Report 2023-01-27
Created: 2023-01-26 By: New Quadrant Partners Ltd (trusts@nqpltd.com) Status: Signed Transaction ID: CBJCHBCAABAAfkYqC_jKCLpCXOJ17-mqTcN50fCql0Qb
"Pebble Trust accounts 31.03.2022 for signing" History
Document created by New Quadrant Partners Ltd (trusts@nqpltd.com)
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Document emailed to James Arnell (james.arnell@charterhouse.co.uk) for signature
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- Document e-signed by James Arnell (james.arnell@charterhouse.co.uk)
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Document emailed to louisepebbletrust@gmail.com for signature
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Signer louisepebbletrust@gmail.com entered name at signing as Louise Arnell
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Signer gilbert.holbourn@gmail.com entered name at signing as Gilbert Holbourn 2023-01-27 - 7:32:41 PM GMT- IP address: 89.243.107.8
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Agreement completed.
2023-01-27 - 7:32:43 PM GMT