THE RALF TRUST
ANNUAL REPORT YEAR ENDED 5 APRIL 2021
CHARITY INFORMATION
TRUSTEES:
Killik & Co Trustee Limited 46 Grosvenor Street Mayfair London W1K 3HN
Mark Alexander Ralf
Appleby Seaward Drive West Wittering W. Sussex PO20 8AB
Claire Alison Ralf
Appleby Seaward Drive West Wittering W. Sussex PO20 8AB
OFFICES:
Killik & Co Trustees Limited
Crown House
Crown Street Ipswich Suffolk IP1 3HS
INVESTMENT MANAGERS:
Killik & Co Stockbrokers
46 Grosvenor Street Mayfair London W1K 3HN BANKERS: Metro Bank One Southampton Row London EC1B 5HA INDEPENDENT EXAMINER Killik & Co
INDEPENDENT EXAMINER Killik & Co Crown House Crown Street Ipswich Suffolk IP1 3HS REGISTERED CHARITY NUMBER 1144551
THE RALF TRUST
TRUSTEE’S REPORT YEAR ENDED 5 APRIL 2021
CONSTITUITION AND OBJECTIVES OF THE TRUST
The Ralf Trust is registered with the Charity Commission for England and Wales and constituted by Deed of Trust dated 11 August 2011. Under its terms the Trust is to advance the Christian Religion and education and relieve persons suffering hardship and distress or who are aged or sick or to benefit the community at large.
FURTHERANCE OF THE OBJECTIVES OF THE TRUST
The Trustees are pleased to report that during the year they have donated £77,512 in accordance with the Charity’s objectives as above.
STATEMENT OF THE TRUSTEES’ RESPONISIBILITIES
The Charities Act 1992 and 1993 require 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 the surplus or deficit of the Charity for that period. In preparing these financial statements the Trustees are required to:
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Select suitable accounting policies and then apply them consistently.
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Make judgements and estimates that are reasonable and prudent.
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Prepare the financial statements on the going concern basis unless it is inappropriate to do so.
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Act in accordance with the Charity’s constitution and rules.
The Trustees are responsible under Trust Law to ensure the propriety of transactions and for keeping adequate accounting records to enable them to ensure that the financial statements comply with the Charities Act 1992 and 1993. They are also responsible for safeguarding the assets of the Charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The major risks to which the Charity is exposed as identified by the Trustees have been reviewed and systems established to mitigate those risks.
THE RALF TRUST
TRUSTEES’ REPORT (CONTINUED)
YEAR ENDED 5 APRIL 2021
RISK REVIEW
The Trustees have assessed the major risks to which the Charity is exposed in particular those related to operations and finances of The Trust and are satisfied that systems are in place to mitigate our exposure to major risks.
RESERVES AND INVESTMENT POLICY
The Trustees’ policy is to maintain reserves such that income generated is sufficient to meet the running costs and secure the long term existence of the Charity.
On behalf of the Trustees
Steve Godden
(Authorised Official)
THE RALF TRUST
ACCOUNTS FOR YEAR ENDED 5 APRIL 2021
Trust
Registered Charity Number: 1144551
Trust: The Ralf Trust
Account for period 6 April 2020 to 5 April 2021
The Ralf Trust
Registered Charity No: 1144551
Receipts
Value of Funds as at 6 April 2020:
| Platform Securities cash balance £ 1,499.19 Metro Bank cash balance £ 17,707.46 Income received during 2020/21 (see Income Statement) Sale proceeds (see Asset Schedule) IPF 7.75% 2023 Scheme of arrangement payment 11/13/2020 Donations Mark Ralf 17/04/2020 £ 8,750.00 Mark Ralf 22/07/2020 £ 30,000.00 Mark Ralf 01/03/2021 £ 3,000.00 Gift Aid 30/09/2020 £ 10,456.73 Gift Aid 08/03/2021 £ 3,057.69 Mark Ralf under payroll giving scheme 05/22/2020 £ 3,076.92 Mark Ralf under payroll giving scheme 07/17/2020 £ 3,076.92 Mark Ralf under payroll giving scheme 09/03/2020 £ 3,076.92 Mark Ralf under payroll giving scheme 11/20/2020 £ 3,076.92 Mark Ralf under payroll giving scheme 12/31/2020 £ 3,076.92 Mark Ralf under payroll giving scheme 02/19/2021 £ 3,076.92 Amazon £ 15.70 |
£ 1,499.19 £ 17,707.46 |
£ 19,206.65 £ 12,019.21 £ 36,067.55 £50.00 |
|---|---|---|
| £ 67,343.41 £ 73,741.64 |
Total
£ 141,085.05
The Ralf Trust
Registered Charity No: 1144551
Payments
Killik & Co custody charges (inc US Filing Levy)
Payments made to charities:
London Institute of Contemporary Christianity Reg No 286102 OMF (UK) Reg. No. 1086040 West Wittering Church PCC (CofE) Operation Mobilsation Reg No 1008196 WW Parochial School Friends Parent and Teacher Reg No1070140 London City Mission Reg. No.247186 The Message Trust SA Reg No 1081467 Day One Prison Ministries Reg. No. 233465 Wycliffe Bible Translators Reg. No. 251233 Release International Reg. No. 280577 24-7 Prayer reg No 233465 Stonepillow Reg. No.100830 At a Loss 1169269 Tearfund (Lights Appeal) Reg No 265464 Tearfund Beirut Emergency Appeal Reg No 265464 UCCF The Christian Unions The Chichester Foodbank Reg No 1155197
Purchase Costs (see Asset Schedule)
Value of funds@ 5 April 2021: Metro Bank Platform Securities
£ 1,222.15 £ 1,222.15
-
£ 5,000.00 £ 5,000.00 £ 5,750.00 £ 5,000.00 £ 3,000.00
-
£ 3,000.00
-
£ 7,500.00
-
£ 2,500.00
-
£ 7,000.00 £ 2,500.00 £ 15,450.00
-
£ 3,000.00
-
£ 2,500.00 £ 312.00
£ 5,000.00
£ 2,000.00
- £ 3,000.00 £ 77,512.00
£ 34,817.61
£113,551.76
£ 25,505.01
£ 2,028.28 £ 27,533.29
£141,085.05
Assets 2
| Registered Charity Number: 1144551 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trust: The Ralf Trust | |||||||||||
| Schedule of Assets and Transactions thereonyear ended 5 April 2021 | |||||||||||
| ~~Cost of~~ | |||||||||||
| Asset | Nominal | Value | Assets Retained (not held @ 6/4/20) |
Purchase | Price | Value | Variance | Diference | Sale | Gain/Loss | Net |
| on | Cost of | on | on | in Values | Between | Proceeds | on | Income | |||
| Apr 5, 20 | Assets Sold | Apr 5, 21 | Apr 5, 21 | Proceeds & 5/4/20 value |
Disposal | Received | |||||
| 3I INFRASTRUCTURE ORD | 4,736 | £ 11,390.08 | 2.9650 | £ 14,042.24 | £ 2,652.16 | n/a | £ 449.92 | ||||
| BAE SYSTEMS ORD | 1,600 | £ 8,000.00 | 5.1000 | £ 8,160.00 | £ 160.00 | n/a | n/a | £ 371.20 | |||
| BARCLAYS ORD | 3,437 | £ 2,757.85 | 1.8400 | £ 6,324.08 | £ 3,566.23 | n/a | £ 34.37 | ||||
| BHP GROUP PLC USD0.50 | 500 | £ 6,206.00 | 20.6800 | £ 10,340.00 | £ 4,134.00 | n/a | £ 575.48 | ||||
| BP ORD | 2,000 | £ 6,746.00 | 2.8980 | £ 5,796.00 | -£ 950.00 | n/a | £ 401.42 | ||||
| BT GROUP ORD | 5,000 | £ 6,017.46 | 1.5645 | £ 7,822.50 | £ - | ||||||
| BURFORD CAPITAL 6.125% GTD SNR NTS 2024 | 10,000 | £ 8,025.00 | 1.02200 | £ 10,220.00 | £ 2,195.00 | n/a | £ 612.50 | ||||
| CINEWORLD GROUP ORD SHS | 2,500 | £ 911.75 | £ 7,737.92 | 0.3647 | £ - | £ 1,313.89 | -£ 6,424.03 | £ - | |||
| DIAGEO ORD | 400 | £ 9,832.00 | 30.0700 | £ 12,028.00 | £ 2,196.00 | n/a | £ 279.52 | ||||
| ELECTROCOMPONENTS ORD | 2,250 | £ 10,885.50 | £ 4,576.68 | £ - | £ 13,245.01 | £ 8,668.33 | £ - | ||||
| EQUINOR(PREVIOUSLY STATOIL)ASA | 500 | £ 5,238.00 | £ 7,678.76 | £ - | £ 5,307.75 | -£ 2,371.01 | £ - | ||||
| EUROPEAN ASSETS TRUST NV EURO 0.46 | 10,000 | £ 7,740.00 | 1.2000 | £ 12,000.00 | £ 4,260.00 | n/a | £ 726.50 | ||||
| EXPERIAN ORD | 340 | £ 10,110.89 | 25.4600 | £ 8,656.40 | £ 36.30 | ||||||
| INTERNATIONAL BUS MACH CORP COM USD0.20 | 70 | £ 6,069.99 | 98.2361 | £ 6,876.53 | £ 806.54 | n/a | £ 240.21 | ||||
| INTERNATIONAL PERSONAL FINANCE 6.125% GTD EMTN | 10,000 | £ 5,650.00 | 0.99950 | £ 9,995.00 | £ 4,345.00 | n/a | £ 775.00 | ||||
| INVESCO PHYSICAL SECURED GOLD | 45 | £ 6,148.73 | 120.9499 | £ 5,442.75 | £ - | ||||||
| JLEN ENIROMENTAL ASSETS GROUP ORD NPV | 8,000 | £ 8,840.00 | 1.1120 | £ 8,896.00 | £ 56.00 | £ 538.80 | |||||
| KONINKLIJKE PHILIPS NV EURO O.20 | 204 | £ 6,353.00 | 41.8697 | £ 8,541.41 | £ 2,188.41 | £ 8.60 | |||||
| LAW DEBENTURE CORP ORD | 3,500 | £ 15,750.00 | 7.2300 | £ 25,305.00 | £ 9,555.00 | n/a | £ 1,361.50 | ||||
| LONDONMETRIC PROPERTY ORD 10P | 3,000 | £ 5,343.00 | 2.1840 | £ 6,552.00 | £ 1,209.00 | £ 213.30 | |||||
| MAITLAND INSTITUTIONAL SERVICES(UK)LTD CHEVERTON UK EQUITY | 8,500 | £ 6,365.76 | 1.16198 | £ 9,876.84 | £ 3,511.08 | n/a | £ 209.04 | ||||
| MICROSOFT CORP | 240 | £ 30,102.00 | 180.0080 | £ 43,201.91 | £ 13,099.91 | n/a | £ 270.16 | ||||
| NESTLE SA CHF 10 | 90 | £ 7,686.00 | 81.0058 | £ 7,290.52 | -£ 395.48 | £ 129.89 | |||||
| NORTH AMERICAN INCOME TST PLC ORD | 5,000 | £ 10,500.00 | 2.6200 | £ 13,100.00 | £ 2,600.00 | n/a | £ 490.00 | ||||
| ORSTED A/S DKK10 | 100 | £ 7,593.00 | 117.0659 | £ 11,706.59 | £ 4,113.59 | £ 97.06 | |||||
| PARAGON GROUP OF COMPANIES 6%SNR EMTN 2024 | 10,000 | £ 9,107.50 | £1.09875 | £ 10,987.50 | £ 1,880.00 | n/a | £ 600.00 | ||||
| PICTON PROPERTY INCOME LIMITED ORD NPV | 10,000 | £ 7,850.00 | £ 7,332.87 | -£ 7,850.00 | £ 6,913.84 | -£ 419.03 | £ - | ||||
| PING AN INSURANCE(GROUP)CO. OF CHINA(HK LISTING) | 840 | £ 6,627.99 | 8.7084 | £ 7,315.04 | £ 175.35 | ||||||
| PRUDENTIAL ORD | 700 | £ 6,441.40 | 15.5150 | £ 10,860.50 | £ 4,419.10 | n/a | £ 175.07 | ||||
| PRUSIK ASIAN EQUITY INCOME | 100 | £ 11,307.00 | 138.9974 | £ 13,899.74 | £ 2,592.74 | n/a | £ 608.53 | ||||
| RIO TINTO ORD | 225 | £ 8,462.25 | 54.8000 | £ 12,330.00 | £ 3,867.75 | n/a | £ 668.73 | ||||
| ROYAL DUTCH SHELL "B" ORD | 400 | £ 5,673.60 | 13.3540 | £ 5,341.60 | -£ 332.00 | n/a | £ 196.84 | ||||
| SMITHS(DS)ORD 10P | 2,500 | £ 6,367.50 | 4.1360 | £ 10,340.00 | £ 3,972.50 | £ - | |||||
| SSE Ord | 500 | £ 6,496.99 | 14.5700 | £ 7,285.00 | £ 402.00 | ||||||
| STANDARD CHARTERED ORS USD | 1,100 | £ 4,470.40 | 4.9020 | £ 5,392.20 | £ - | ||||||
| THERMO FISHER SCIENTIFIC INC COM USD 1 | 30 | £ 6,897.00 | 330.0220 | £ 9,900.66 | £ 3,003.66 | £ 14.24 | |||||
| TRIMBLE INC COM STK NPV | 220 | £ 5,095.99 | £ 7,633.93 | £ - | £ 9,287.06 | £ 1,653.13 | £ - | ||||
| TRITAX BIG BOX REIT ORD 1P | 4,200 | £ 4,452.00 | 1.8100 | £ 7,602.00 | £ 196.89 | ||||||
| UNILEVER ORD | 225 | £ 9,083.25 | 40.2200 | £ 9,049.50 | -£ 33.75 | n/a | £ 333.42 | ||||
| UNITED HEALTH GROUP INC COM STK | 55 | £ 10,290.50 | 267.3426 | £ 14,703.84 | £ 4,413.34 | n/a | £ 147.03 | ||||
| URBAN LOGISTICS REIT ORD 1P | 4,400 | £ 6,043.54 | 1.4850 | £ 6,534.00 | £ 114.40 | ||||||
| VODAFONE GROUP ORD USD0.11428571 | 4,200 | £ 4,662.84 | 1.337 | £ 5,613.72 | £ 950.88 | n/a | £ 338.55 | ||||
| XLEM INC COM | 125 | £ 6,165.00 | 76.9284 | £ 9,616.04 | £ 3,451.04 | n/a | £ 70.33 | ||||
| Sub Total | £ 300,939.15 | £ 34,817.61 | £ 34,960.16 | £ 398,945.10 | £ 79,637.70 | £ - | £ 36,067.55 | £ 1,107.39 | £ 11,862.15 | ||
| Schedule of Assets and Transactions Continued | |||||||||||
Page 5
Assets 2
| Purchase Costs | £34,817.61 | ||||||||||
| Sale Proceeds | £36,067.55 | ||||||||||
| Gain | -£ 1,249.94 | ||||||||||
| Value on 5 April 2021 | ### | ||||||||||
| Variances | £79,637.70 | ||||||||||
| Gains/Losses on Disposal | £ 1,107.39 |
Page 6
Income Statement
----- Start of picture text -----
Registered Charity Number: 1144551
Trust: The Ralf Trust
Income Statement for the Year ended 5 April 2021
Date Description Quantity Value Total
14/09/2020 BAE Systems Ord GBP0.025 1,600 £ 220.80
30/11/2020 BAE Systems Ord GBP0.025 1,600 £ 150.40 £ 371.20
01/04/2021 Barclays Ord Shs 3,437 £ 34.37 £ 34.37
22/09/2020 BHP Group Plc USD0.50 500 £ 210.54
23/03/2021 BHP Group Plc USD0.50 500 £ 364.94 £ 575.48
28/04/2020 Burford Capital 6.125% GTD SNR NTS 2024 10,000 £ 306.25
26/10/2020 Burford Capital 6.125% GTD SNR NTS 2024 10,000 £ 306.25 £ 612.50
19/06/2020 BP Ord USD0.25 2,000 £ 166.84
25/09/2020 BP Ord USD0.25 2,000 £ 80.87
18/12/2020 BP Ord USD0.25 2,000 £ 78.34
26/03/2021 BP Ord USD0.25 2,000 £ 75.37 £ 401.42
09/04/2020 Diageo Ord GBP0.28 101/108 400 £ 109.64
08/10/2020 Diageo Ord GBP0.28 101/108 400 £ 169.88 £ 279.52
05/02/2021 Experian Ord 340 £ 36.30 £ 36.30
16/06/2020 International Personal Finance 10,000 £ 387.50
15/12/2020 International Personal Finance 10,000 £ 387.50 £ 775.00
26/06/2020 JLEN Enviromental Assets Group Ltd 8,000 £ 133.20
25/09/2020 JLEN Enviromental Assets Group Ltd 8,000 £ 135.20
30/12/2020 JLEN Enviromental Assets Group Ltd 8,000 £ 135.20
26/03/2021 JLEN Enviromental Assets Group Ltd 8,000 £ 135.20 £ 538.80
31/07/2020 Knklijke Philips £ 8.60 £ 8.60
16/04/2020 Law Debenture Corp Ord GBP0.05 3,500 £ 679.00
28/07/2020 Law Debenture Corp Ord GBP0.05 3,500 £ 227.50
28/10/2020 Law Debenture Corp Ord GBP0.05 3,500 £ 227.50
28/01/2021 Law Debenture Corp Ord GBP0.05 3,500 £ 227.50 £ 1,361.50
17/04/2020 Londonmetric Property 3,000 £ 48.00
22/07/2020 Londonmetric Property 3,000 £ 18.00
22/07/2020 Londonmetric Property 3,000 £ 46.50
07/10/2020 Londonmetric Property 3,000 £ 50.40
12/01/2021 Londonmetric Property 3,000 £ 50.40 £ 213.30
29/04/2020 Nestle SA 90 £ 129.89 £ 129.89
05/06/2020 North American Income Trust Ord 25p 5,000 £ 215.00
07/08/2020 North American Income Trust Ord 25p 5,000 £ 90.00
30/10/2020 North American Income Trust Ord 25p 5,000 £ 90.00
26/02/2021 North American Income Trust Ord 25p 5,000 £ 95.00 £ 490.00
04/03/2021 Orsted A/S 100 £ 97.06 £ 97.06
09/06/2020 Ping an Insurnace 840 £ 108.56
27/10/2020 Ping an Insurnace 840 £ 66.79 £ 175.35
15/05/2020 Prudential GBP0.05 700 £ 145.88
28/09/2020 Prudential GBP0.05 700 £ 29.19 £ 175.07
16/04/2020 Rio Tinto Ord GBP0.10 225 £ 399.31
17/09/2020 Rio Tinto Ord GBP0.10 225 £ 269.42 £ 668.73
23/06/2020 Royal Dutch Shell ‘B’ Ord EUR0.07 400 £ 50.72
23/09/2020 Royal Dutch Shell ‘B’ Ord EUR0.07 400 £ 48.36
17/12/2020 Royal Dutch Shell ‘B’ Ord EUR0.07 400 £ 49.92
30/03/2021 Royal Dutch Shell ‘B’ Ord EUR0.07 400 £ 47.84 £ 196.84
----- End of picture text -----
Page 7
Income Statement
----- Start of picture text -----
Date Description Quantity Value Total
18/09/2020 SSE Ord 500 £ 280.00
11/03/2021 SSE Ord 500 £ 122.00 £ 402.00
16/04/2020 Thermo Fisher 30 £ 3.68
15/07/2020 Thermo Fisher 30 £ 3.64
15/10/2020 Thermo Fisher 30 £ 3.55
15/01/2021 Thermo Fisher 30 £ 3.37 £ 14.24
22/05/2020 Tritax Big Box REIT plc 4,200 £ 65.63
01/09/2020 Tritax Big Box REIT plc 4,200 £ 65.63
13/11/2020 Tritax Big Box REIT plc 4,200 £ 65.63 £ 196.89
04/06/2020 Unilever Plc Ord GBP0.031111 225 £ 81.32
09/09/2020 Unilever Plc Ord GBP0.031111 225 £ 83.21
20/11/2020 Unilever Plc Ord GBP0.031111 225 £ 84.29
17/03/2021 Unilever Plc Ord GBP0.031111 225 £ 84.60 £ 333.42
30/06/2020 United Health Group Inc Com Stk 55 £ 39.03
22/09/2020 United Health Group Inc Com Stk 55 £ 37.32
15/12/2020 United Health Group Inc Com Stk 55 £ 35.92
23/03/2021 United Health Group Inc Com Stk 55 £ 34.76 £ 147.03
26/10/2020 Urban Logistics Reit 4,400 £ 114.40 £ 114.40
07/08/2020 Vodafone Group Ord USD 0.11428571 4,200 £ 171.35
08/02/2021 Vodafone Group Ord USD 0.11428571 4,200 £ 167.20 £ 338.55
25/06/2020 Xylem Inc 125 £ 18.20
25/09/2020 Xylem Inc 125 £ 17.80
03/12/2020 Xylem Inc 125 £ 16.88
18/03/2021 Xylem Inc 125 £ 17.45 £ 70.33
01/09/2020 Paragon Banking Group 10,000 £ 300.00
02/03/2021 Paragon Banking Group 10,000 £ 300.00 £ 600.00
29/05/2020 Maitland Institutional Services (UK) Ltd Chelverton UK Equity Inc 8,500 £ 20.34
28/08/2020 Maitland Institutional Services (UK) Ltd Chelverton UK Equity Inc 8,500 £ 46.77
01/12/2020 Maitland Institutional Services (UK) Ltd Chelverton UK Equity Inc 8,500 £ 82.52
26/02/2021 Maitland Institutional Services (UK) Ltd Chelverton UK Equity Inc 8,500 £ 59.41 £ 209.04
13/07/2020 3I Infrastructure Ord 4736 £ 217.86
13/01/2021 3I Infrastructure Ord 4736 [ £ 232.06 £ 449.92 ]
30/04/2020 European Assets Trust NV Euro 1000 [ £ 175.50 ]
31/07/2020 European Assets Trust NV Euro 1000 £ 175.50
30/10/2020 European Assets Trust NV Euro 1000 £ 175.50
29/01/2021 European Assets Trust NV Euro 1000 [ £ 200.00 £ 726.50 ]
10/06/2020 International Bus Mach Corp Com USD0.20 70 [ £ 62.24 ]
10/09/2020 International Bus Mach Corp Com USD0.20 70 £ 61.01
10/12/2020 International Bus Mach Corp Com USD0.20 70 £ 59.81
10/03/2021 International Bus Mach Corp Com USD0.20 70 [ £ 57.15 £ 240.21 ]
11/06/2020 Microsoft Corp Com Stk 240 [ £ 67.17 ]
10/09/2020 Microsoft Corp Com Stk 240 £ 65.50
10/12/2020 Microsoft Corp Com Stk 240 £ 70.36
12/03/2021 Microsoft Corp Com Stk 240 [ £ 67.13 £ 270.16 ]
09/07/2020 Prusik Investment Management LLP 100 [ £ 361.37 ]
12/01/2021 Prusik Investment Management LLP 100 £ 247.16 £ 608.53
Total Portfolio Income £11,862.15
----- End of picture text -----
Page 8
Income Statement
----- Start of picture text -----
Date Description Quantity Value Total
30/04/2020 Metro Bank Deposit Interest £ 11.74
29/05/2020 Metro Bank Deposit Interest £ 8.57
30/06/2020 Metro Bank Deposit Interest £ 1.84
31/07/2020 Metro Bank Deposit Interest £ 7.68
28/08/2020 Metro Bank Deposit Interest £ 20.23
30/09/2020 Metro Bank Deposit Interest £ 21.68
30/10/2020 Metro Bank Deposit Interest £ 29.12
30/11/2020 Metro Bank Deposit Interest £ 16.22
31/12/2020 Metro Bank Deposit Interest £ 7.11
29/01/2021 Metro Bank Deposit Interest £ 9.30
28/02/2021 Metro Bank Deposit Interest £ 9.23
31/03/2021 Metro Bank Deposit Interest £ 14.34
Total Bank Income £ 157.06
Total Income Received £12,019.21
----- End of picture text -----
Page 9
Independent examiner's report to the trustees of The Ralf Trust
I report on the accounts of the Trust for the year ended 5 April 2021, which are set out on pages 1 to 8.
Respective responsibilities of 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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
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
-
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 statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements:
• to keep accounting records in accordance with section 130 of the 2011 Act; and
• to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 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: Julia Hacker TEP
Address: Killik & Co LLP, Crown House, Crown Street, Ipswich, Suffolk IP1 3HS Date: 26 November 2021