REGISTERED CHARITY NUMBER: 1129745
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2024
for
A & D Tucker Charitable Foundation
Clayton and Clayton Accountants LLP Chartered Certified Accountants 64 Market Street New Mills HIGH PEAK SK22 4AA
A & D Tucker Charitable Foundation
Contents of the Financial Statements for the Year Ended 31 March 2024
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Independent Examiner's Report | 2 |
| Statement of Financial Activities | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 to 9 |
| Detailed Statement of Financial Activities | 10 |
A & D Tucker Charitable Foundation
Report of the Trustees
for the Year Ended 31 March 2024
The trustees present their report with the financial statements of the charity 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 Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1129745
Principal address
100 Norwood Road Stretford Manchester M32 8PP
Trustees
Mrs A Tucker D Tucker
Independent Examiner
Mr K Clayton Clayton and Clayton Accountants LLP Chartered Certified Accountants 64 Market Street New Mills HIGH PEAK SK22 4AA
Approved by order of the board of trustees on 7 January 2025 and signed on its behalf by:
D Tucker - Trustee
Page 1
Independent Examiner's Report to the Trustees of A & D Tucker Charitable Foundation
Independent examiner's report to the trustees of A & D Tucker Charitable Foundation
I report to the charity trustees on my examination of the accounts of A & D Tucker Charitable Foundation (the Trust) for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material 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 Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mr K Clayton The Association of Chartered Certified Accountants
Clayton and Clayton Accountants LLP Chartered Certified Accountants 64 Market Street New Mills HIGH PEAK SK22 4AA
7 January 2025
Page 2
A & D Tucker Charitable Foundation
Statement of Financial Activities for the Year Ended 31 March 2024
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Charitable activities Community Healthcare Education Other Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
31.3.24 Unrestricted fund £ 128,512 11,977 88,430 2,000 1,689 104,096 24,416 909 25,325 |
31.3.23 Total funds £ 13,176 |
|---|---|---|
| 12,506 - - - |
||
| 12,506 | ||
| 670 239 |
||
| 909 |
The notes form part of these financial statements
Page 3
A & D Tucker Charitable Foundation
Balance Sheet
31 March 2024
| 31.3.24 Unrestricted fund Notes £ CURRENT ASSETS Debtors 4 25,513 Cash at bank 1,384 26,897 CREDITORS Amounts falling due within one year 5 (1,572) NET CURRENT ASSETS 25,325 TOTAL ASSETS LESS CURRENT LIABILITIES 25,325 NET ASSETS/(LIABILITIES) 25,325 FUNDS 6 Unrestricted funds 25,325 TOTAL FUNDS 25,325 |
31.3.23 Total funds £ 1,875 444 2,319 (1,410) 909 909 909 909 909 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 7 January 2025 and were signed on its behalf by:
D Tucker - Trustee
A Tucker - Trustee
The notes form part of these financial statements
Page 4
A & D Tucker Charitable Foundation
Notes to the Financial Statements for the Year Ended 31 March 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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continued...
A & D Tucker Charitable Foundation
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |||
|---|---|---|---|
| fund | |||
| £ | |||
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 13,176 | ||
| EXPENDITURE ON | |||
| Charitable activities | |||
| Community | 12,506 | ||
| NET INCOME | 670 | ||
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 239 | ||
| TOTAL FUNDS CARRIED | |||
| FORWARD | 909 | ||
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 31.3.24 | 31.3.23 | ||
| £ | £ | ||
| Tax | 25,513 | 1,875 |
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A & D Tucker Charitable Foundation
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
| 5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors 6. MOVEMENT IN FUNDS At 1.4.23 £ Unrestricted funds General fund 909 TOTAL FUNDS 909 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 128,512 TOTAL FUNDS 128,512 Comparatives for movement in funds At 1.4.22 £ Unrestricted funds General fund 239 TOTAL FUNDS 239 |
31.3.24 £ 1,572 Net movement in funds £ 24,416 24,416 Resources expended £ (104,096) (104,096) Net movement in funds £ 670 670 |
31.3.23 £ 1,410 At 31.3.24 £ 25,325 25,325 Movement in funds £ 24,416 24,416 At 31.3.23 £ 909 909 |
|---|---|---|
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A & D Tucker Charitable Foundation
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
6. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | Movement | |
|---|---|---|---|---|
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 13,176 | (12,506) | 670 | |
| TOTAL FUNDS | 13,176 | (12,506) | 670 | |
| A current year 12 months and prior year 12 months combined position is as follows: | ||||
| Net | ||||
| movement | At | |||
| At 1.4.22 | in funds | 31.3.24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 239 | 25,086 | 25,325 | |
| TOTAL FUNDS | 239 | 25,086 | 25,325 | |
| A current year 12 months and prior year | 12 months combined | net movement | in fund | |
| included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 141,688 | (116,602) | 25,086 | |
| TOTAL FUNDS | 141,688 | (116,602) | 25,086 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
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A & D Tucker Charitable Foundation
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
7. RELATED PARTY DISCLOSURES
During the year the charity received £102,050 (2023 - £11,300) as donations from trustees and the entities associated with them.
Page 9
A & D Tucker Charitable Foundation
| Detailed Statement of Financial Activities for the Year Ended 31 March 2024 INCOME AND ENDOWMENTS Donations and legacies Gifts Donations Gift aid Total incoming resources EXPENDITURE Charitable activities Grants to institutions Support costs Finance Bank charges Governance costs Accountancy and legal fees Total resources expended Net income |
31.3.24 £ (1) 102,050 26,463 128,512 128,512 102,407 87 1,602 104,096 24,416 |
31.3.23 £ 1 11,300 1,875 |
|---|---|---|
| 13,176 | ||
| 13,176 10,984 82 1,440 |
||
| 12,506 | ||
| 670 |
This page does not form part of the statutory financial statements
Page 10