2022-04-05-accounts - The Thomas Family Charitable Trust

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THE THOMAS FAMILY CHARITABLE TRUST

ACCOUNTS AND ANNUAL REPORT

YEAR ENDED 5TH APRIL 2022

THE THOMAS FAMILY CHARITABLE TRUST

CONTENTS Trustees and Advisors Trustees' Report Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements	PAGE
	1 2 - 3 4 5 6 7-8

THE THOMAS FAMILY CHARITABLE TRUST

Charity No: 1131842

OFFICES, TRUSTEES AND ADVISORS

REGISTERED OFFICE:

Abacus House 19 Manor Close Tunbridge Wells Kent TN4 8YB

TRUSTEES:

William Thomas Fiona Thomas Alan Goreham

BANKERS:

Barclays Bank plc 167 High Street Bromley Kent

INDEPENDENT EXAMINER: Mark Edmonds 11 Parkwood Close Tunbridge Wells Kent TN2 3SX

THE THOMAS FAMILY CHARITABLE TRUST

REPORT OF THE TRUSTEES

The Trustees present their Report and Accounts for the year ended 5th April 2022

The Constitution

The Charity operates under its trust deed which was made on 8th September 2009. The Charity was registered with the Charity's Commission on 25th September 2009.

Object and Principal Activities

The Thomas Family Charitable Trust is a charity whose objectives are to assist such charitable purposes as the Trustees in their absolute discretion think fit.

The Charity raises funds for these purposes by predominately receiving donations from a limited company controlled by the Thomas family.

Financial Information

The total income from all sources amounted to £75,000 (2021 - £45,000)

Total expenditure was £74,984 (2021 - £44,946)

Reserves Policy

The Charity believes that a reserves policy is not required as it has no material overhead costs and all unrestricted funds are available for distribution to enable the Charity to achieve its objectives. The Trustees have identified worthy causes in South Africa for which comparatively large sums of money would be required.

During the year, in order to achieve it's objectives, the Charity donated funds to Helderberg Street Peoples Centre, Brak En Jan Pre School Creche, Siphila Sonke Charity and the Forward Foundation to assist children and familes with their education, social development and quality of life.

Trustees

The current Trustees are shown on page one of this report. They all served throughout the year.

The trustees of the Charity met during the year to discuss all aspects and functions of the Charity. Decisions regarding the Charity are made by the Trustees at these meetings.

THE THOMAS FAMILY CHARITABLE TRUST

REPORT OF THE TRUSTEES (cont'd)

Statement of Trustees' Responsibilities

Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of its financial activities for that period. In preparing those financial statements the trustees are required to:

a) select suitable accounting policies and then apply them consistently.
b) make judgements and estimates that are reasonable and prudent
c) state whether the policies adopted are in accordance with the Charities SORP and with the applicable accounting standards, subject to any material departures disclosed and explained in the financial statements;
d) prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue its business.

The trustees are responsible for the keeping of proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.

By order of the Trustees:

…………………………………….

Trustee

William Thomas

Date: 29th December 2022

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE THOMAS FAMILY CHARITABLE TRUST

I report on the accounts of the Charity for the year ended 5th April 2022

Respective Responsibilities of Trustees and Examiners

The Charity Trustees are responsible for the preparation of the accounts. They consider that the audit requirement of section 144 of the Charities Act 2011 (the Act) does not apply. It is my responsibility, without performing an audit, to carry out an examination of the accounts and report to you.

Basis of Examiners' Statement

My report is in respect of an examination carried out under section 145 of the Act and in accordance with the general directions given by the Charity Commissioner . An examination includes a review of the accounting records kept by the Charity Trustees 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 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 statement below.

Examiners' Statement

Based on my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect the accounting records have not been kept in accordance with section 130 of the Act, or that the accounts presented do not accord with those records or comply with the accounting requirements of the Act. No matter has come to my attention in connection with my examination to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

………………………………………

Mark Edmonds 11 Parkwood Close Tunbridge Wells Kent TN2 3SX

Date: 29th December 2022

THE THOMAS FAMILY CHARITABLE TRUST

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5TH APRIL 2022

Note Income & Expenditure Incoming Resources Voluntary Income 4 Investment Income Total Incoming Resources Resources Expended Charitable Activities 5 Governance Costs 6 Total Resources Expended Net Incoming Resources for the Period Balances brought forward at 6th April 2021 Balances carried forward at 5th April 2022	Total Funds 2022 £ 75,000 - 75,000 74,859 125 74,984 16 2,322 2,338	Total Funds 2021 £ 45,000 -
		45,000
		44,821 125
		44,946
		54 2,268
		2,322

All income and expenditure relates to unrestricted funds.

The notes on pages 7 to 8 form part of these accounts

THE THOMAS FAMILY CHARITABLE TRUST

BALANCE SHEET AT 5TH APRIL 2022

Note Current Assets Cash at Bank & In Hand Creditors Amounts falling due within one year 7 Net Current Assets Funds Unrestricted		2022 £ 2,463 125 2,338 2,338	2021 £ 2,447 125
			2,322
			2,322

Approved by the Trustees on 29th December 2022 and signed on their behalf

………………………………………..

William Thomas Trustee

The notes on pages 7 to 8 form part of these accounts

THE THOMAS FAMILY CHARITABLE TRUST

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 5TH APRIL 2022

1 Basis of Preparation

The accounts have been prepared under the historical cost convention. The financial statements have been prepared in accordance with the Accounting and Reporting by Charities - Statement of Recommended Practice (SORP 2005)

There has been no changes in the accounting policies during the year and no changes in the accounts for the previous year.

2 Accounting Policies

Recognition of Incoming Resources

These are included in Statement of Financial Activities when the charity becomes entitled to the resources.

Expenditure and Liabilities

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

Governance costs represent costs incurred in connection with the compliance of it's constitutional and statutory requirements.

Fund Accounting

Unrestricted Funds are funds that can be used in accordance with the objectives of the Charity at the discretion of the trustees.

Restricted funds are funds that can only be used for particular projects within the objectives of the Charity. Restrictions arise when specified by the donor or when funds are raised by the Charity for a particular restricted purpose.

The Trustees received no remuneration during the period and were not reimbursed for any of their expenses.

3 Trustees' Remuneration

THE THOMAS FAMILY CHARITABLE TRUST

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 5TH APRIL 2022 (cont'd)

4 5 6 7	Voluntary Income Donations Charitable Activities Helderberg Street Peoples Centre Siphila Sonke Outreach Programme Brak En Jan Creche Forward Foundation Sreepur Village Governance Costs Independent Examiner's Fee Creditors Independent Examiner's Fee	2022 £ 75,000 2022 £ 17,162 45,507 7,338 4,852 - 74,859 2022 £ 125 125 2022 £ 125	2021 £ 45,000
			2021 £ 8,271 21,586 4,964 - 10,000
			44,821
			2021 £ 125
			125
			2021 £ 125