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|||||5 April 2023|5 April 2022||
|---|---|---|---|---|---|---|
|||||f|f|f|
|Receipts:|||||||
|Horse Sale||||112,801|||
|Donations|||||||
|Gift Aid recoverable|||||||
|Interest|||||0.73||
|Total Receipts||||112,801||0.73|
|Payments:|||||||
|Horse purchases|||48,000||||
|Veterinary<br>fees|||996||353||
|Insura nce|||7,107||||
|Training<br>and riding|services||947||||
|Horse maintenance|||||6328||
|Printing,<br>postage, and|||||||
|stationery|||||||
|Subscriptions|||135||||
|Traveling|||||||
|Computer<br>cost|||312||||
|Sundry|||||||
|Legal and professional||fees|||||
|Accountancy<br>fees|||1,410||1,902||
|Interest correction|for||||||
|2016/2017 Accounts|||||||
|Bank charges|||||||
|Total Payments||||(58,907)||(8,583)|
|Net Receipts/(Expenses)||||53,894||(8,582)|
|Total unrestricted<br>funds ofthe<br>charity brought<br>forward||||44,796||53,378|
|Total unrestricted|funds of||||||
|the charity carried|forward|||98,690||44,796|





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|Step 1|You may not have to answer<br>all the questions<br>in this tax return.|You may not have to answer<br>all the questions<br>in this tax return.|You may not have to answer<br>all the questions<br>in this tax return.|||Tick if this epplies|
|---|---|---|---|---|---|---|
|—read the<br>notes in<br>the Trust<br>and Estate<br>Tax Return<br>Guide|1) <br>2)||lf you' re the trustee ofa bare trust (except an unauthorised<br>unit trust), that is, one in which<br>the beneficiary(ies)<br>has/have<br>an immediate<br>and absolute<br>title to both capital and income, you can<br>go straight<br>to Question<br>17on page 10.Do not tick the box if you choose to complete the return.<br> Ifyou' re the personal<br>representative<br>ofa deceased person and completing<br>this tax return<br>for a<br>period of administration<br>and all the points below apply:||||
||||~<br>all the income arose in the UK||||
||||~<br>you do not want to claim relief (Questions<br>10A and 10B)||||
||||~<br>no annual<br>payments<br>have been made out ofcapital (Question 11)||||
||||~<br>all Income has had tax deducted<br>before you received<br>it||||
||||~<br>there are no accrued income profits or losses, no income from deeply discounted<br>securities,|||gilt|
||||strips, company<br>share buy-backs,<br>offshore income gains, or gains on life insurance|policies,||life|
||||annuities<br>or capital redemption<br>policies where<br>no tax is treated as having<br>been paid on||the gain||
||||~<br>no capital payments<br>or benefits have been received from a non-resident,<br>dual resident||or||
||||immigrating<br>trust||||
||||then,<br>if you' ve made no chargeable<br>disposals,<br>go straight to Question<br>17on page 10,||||
||||Ifyou' ve made chargeable<br>disposals,<br>answer Questions<br>5 and 6 at Step 2 and then||||
||||Questions<br>17to 22.||||
||3)||Ifyou' re the trustee of an interest<br>in possession<br>trust (one which is exclusively<br>an interest||||
||||in possession<br>trust), and:||||
||||~<br>no income arose to the trust, or||||
||||~<br>all trust income is received directly<br>by the beneficiary(ies),<br>or||||
||||~<br>all the income arose in the UK and has had tax deducted<br>before you received<br>it, or||||
||||~<br>part ofthe income<br>is received<br>directly<br>by the beneficiary(les)<br>and the part that is not||||
||||received<br>directly<br>by the beneficiary(ies)<br>comprises<br>only income arising<br>in the UK which||||
||||has had tax deducted<br>before you receive<br>it||||
|||and all ofthe following<br>points apply|||||
||||—the answer<br>will be 'No' in box 8.13of Question 8||||
||||—there are no accrued income profits or losses, no income from deeply discounted||||
||||securities,<br>gilt strips, company<br>share buy-backs,<br>offshore income gains, or gains|on life|||
||||insurance<br>policies,<br>life annuities<br>or capital redemption<br>policies||||
||||—you do not wish to claim reliefs (Questions<br>10A and 10B)||||
||||—no annual<br>payments<br>have been made out ofcapital (Question 11)||||
||||—no further capital has been added to the settlement<br>(Question 12)||||
||||—no capital payments<br>have been made to, or for the benefit of, relevant<br>children ofthe||settlor||
||||during<br>their lifetime (Question<br>15)||||
||||—the trust has never been non-resident<br>and has never received any capital from another||||
||||trust which<br>is, or at any time has been, non-resident<br>(Question<br>16)||||
|||then,<br>ifyou' ve made no chargeable<br>disposals,<br>go straight<br>to Question 17on page 10.|||||
|||Ifyou' ve made chargeable<br>disposals,<br>answer Questions<br>5 and 6at Step 2 and then|||||
|||Questions<br>17to 22.|||||
||4)|If you' re the trustee ofa charitable<br>trust you must complete the charity supplementary||pages|||
|||as well as this form:|||||
|||~<br>ifyou' re claiming<br>exemption<br>from tax on all your income and gains, you can go straight<br>to Question 7.You should answer Questions<br>10and 11,ifappropriate,<br>and complete|||||
||||Questions<br>19,20, and 22||||
|||~|ifyou' re claiming<br>exemption<br>from tax on only part ofyour income and gains, you must||||
||||answer Questions<br>1 to 9for any income for which you' re not claiming<br>exemption-||||
||||you should answer Questions<br>10and 11,ifappropriate,<br>and complete<br>Questions<br>19,20 and|||22.|
||5)|In any other case, including<br>ifyou' re the trustee ofan unauthorised<br>unit trust, you should|||||
|||go to Step 2.|||||
||Answer Questions<br>1 to 7 and 23 to check ifyou need supplementary<br>pages to give details|||of particular|||
|Step 2|income or gains, The notes<br>in the Trust and Estate Tax Return Guide<br>will help. When you' ve answered||||||
||Questions<br>1 to 7 and Question 23, answer Question 8.||||||
||Go to www. gov.uk/taxreturnforms<br>to download<br>any supplementary<br>pages that you need, Make <br>download<br>the supplementary<br>pages for the Trust and Estate Tax Return.||||sure|you|









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|||||||
|---|---|---|---|---|---|
|Step|1|You may not have to answer<br>all the questions<br>in this tax return.|||nck If this epplles|
|—read|the|1) Ifyou' re the trustee of a bare trust (except an unauthorised<br>unit trust), that is, one in which||||
|notes|in|the beneticiary(les)<br>has/have<br>an immediate<br>and absolute<br>title to both capital and income, you can||||
|the Trust||go straight to Question<br>17on page 10.Do not tick the box if you choose to complete|the return.|||
|and Estate<br>Tax Return<br>Guide||2) Ifyou' re the personal<br>representative<br>ofa deceased person<br>and completing<br>this tax return for a<br>period of administration<br>and all the points below apply:||||
|||~<br>all the income arose in the UK||||
|||~<br>you do not want to claim relief (Questions<br>10A and 10B)||||
|||~<br>no annual<br>payments<br>have been made out ofcapital (Question 11)||||
|||~<br>all income has had tax deducted<br>before you received<br>it||||
|||~<br>there are no accrued income profits or losses, no income from deeply discounted|securities,||gilt|
|||strips, company<br>share buy-backs,<br>offshore income gains, or gains on life insurance||policies,|life|
|||annuities<br>or capital redemption<br>policies where no tax is treated as having<br>been paid||on the gain||
|||~<br>no capital payments<br>or benefits<br>have been received<br>from a non-resident,<br>dual resident or||||
|||immigrating<br>trust||||
|||then,<br>ifyou' ve made no chargeable<br>disposals,<br>go straight<br>to Question 17on page 10.||||
|||Ifyou' ve made chargeable<br>disposals,<br>answer Questions<br>5 and 6at Step 2 and then||||
|||Questions<br>17to 22.||||
|||3) Ifyou' re the trustee of an interest<br>in possession<br>trust (one which<br>is exclusively<br>an interest||||
|||in possession<br>trust), and:||||
|||~<br>no income arose to the trust, or||||
|||~<br>all trust income is received directly<br>by the beneficiary(ies),<br>or||||
|||~<br>all the income arose<br>in the UK and has had tax deducted<br>before you received<br>it, or||||
|||~<br>part ofthe income<br>is received<br>directly<br>by the beneficiary(ies)<br>and the part that is not||||
|||received directly by the beneficiary(les)<br>comprises<br>only income arising<br>in the UK which||||
|||has had tax deducted<br>before you receive it||||
|||and all ofthe following<br>points apply||||
|||—the answer<br>will be 'No' in box 8.13ofQuestion 8||||
|||—there are no accrued income profits or losses, no income from deeply discounted||||
|||securities,<br>gilt strips, company<br>share buy-backs,<br>offshore income gains, or gains||on life||
|||insurance<br>policies, life annuities<br>or capital redemption<br>policies||||
|||—you do not wish to claim reliefs (Questions<br>10A and 10B)||||
|||—no annual<br>payments<br>have been made out ofcapital (Question 11)||||
|||—no further capital has been added to the settlement<br>(Question<br>12)||||
|||—no capital payments<br>have been made to, or for the benefit of, relevant<br>children|ofthe settlor|||
|||during<br>their lifetime (Question<br>15)||||
|||—the trust has never been non-resident<br>and has never received any capital from|another|||
|||trust which is, or at any time has been, non-resident<br>(Question<br>16)||||
|||then,<br>ifyou' ve made no chargeable<br>disposals,<br>go straight to Question 17on page 10.||||
|||Ifyou' ve made chargeable<br>disposals,<br>answer Questions 5and 6 at Step 2 and then||||
|||Questions<br>17to 22.||||
|||4) Ifyou' re the trustee ofa charitable<br>trust you must complete the charity supplementary||pages||
|||as well as this form:||||
|||~<br>if you' re claiming<br>exemption<br>from tax on all your income and gains, you can go straight||||
|||to Question 7.You should answer Questions<br>10and 11,ifappropriate,<br>and complete||||
|||Questions<br>19,20, and 22||||
|||~<br>ifyou' re claiming<br>exemption<br>from tax on only part ofyour income and gains, you must||||
|||answer Questions<br>1 to 9for any income for which you' re not claiming<br>exemption-||||
|||you should answer Questions<br>10and 11,ifappropriate,<br>and complete Questions|19,20 and||22.|
|||5) In any other case, including<br>ifyou' re the trustee ofan unauthorised<br>unit trust, you should||||
|||go to Step 2,||||
|||Answer Questions<br>1 to 7 and 23to check ifyou need supplementary<br>pages to give details||of particular||
|Step 2||income or gains. The notes in the Trust and Estate Tax Return Guide will help. When you' <br>Questions<br>1 to 7 and Question 23, answer Question 8.||ve answered||





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|Client Payment<br>Advice||||
|---|---|---|---|
|Payments<br>Requited|Payment|Dates||
|Amounts<br>Due To BePaid Via Instalments|31/01/24||31/07/24|
|Final Instalment<br>For 2022/23|0.00|||
|Interim<br>Instalments<br>For 2023/24|0.00||0.00|
|Less Payments<br>Already<br>Made|0.00||0.00|
|Total Payable/(Refundable)|0.00||0.00|



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|Tax due after|notional taxes paid|0.00|
|---|---|---|
|Assessable|Amount|0.00|
|Relevant Amount||0.00|



