THE RALF TRUST
ANNUAL REPORT YEAR ENDED 5 APRIL 2023
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
46 Grosvenor Street
Mayfair
London W1K 3HN
BANKERS:
Metro Bank One Southampton Row London EC1B 5HA
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 2023
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 £41,650 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:
-
Select suitable accounting policies and then apply them consistently.
-
Make judgements and estimates that are reasonable and prudent.
-
Prepare the financial statements on the going concern basis unless it is inappropriate to do so.
-
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 2023
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
Julia Hacker
(Authorised Official)
The Ralf Trust Registered Charity Number: 1144551 Accounts for year ended 5 April 2023
Portfolios: KCX7061 KCX7064 KCX70P4 KCX70T4
The Ralf Trust
Registered Charity No: 1144551
Receipts
| Page no. reference Value of Funds as at 6 April 2022 Killik Investment Portfolio 3 Metro Bank cash balance Platform Securities cash balance Investment Portfolio - Gains/Losses Realised Loss on sales made in 2022/23 3 Unrealised Loss in 2022/23 3 Investment Portfolio Sale Scrip Dividend Woodside Energy Group Ltd Ord NPV Fractional cash Woodside Energy Group Ltd Ord NPV Foreign exchange Dividend / Interest Income Investments - Income received during 2022/23 3 Metrobank Credit Interest Donations Date Claire Ralf 03/08/2022 Mark Ralf 08/02/2023 Mark Ralf under payroll giving scheme: 21/04/2022 27/05/2022 07/07/2022 05/08/2022 30/08/2022 05/10/2022 01/11/2022 23/11/2022 01/12/2023 24/01/2023 01/02/2023 21/03/2023 31/03/2023 Amazon 09/05/2022 Amazon 31/01/2023 Total |
£ 416,859.95 18,961.55 851.40 (13,694.61) (11,672.87) 1,693.70 5.96 (366.83) 14,449.12 35.23 6,300.00 30,000.00 1,673.08 3,346.16 1,673.08 1,753.44 1,723.31 1,723.31 1,723.31 1,723.31 1,723.31 1,723.31 1,723.31 1,723.31 1,723.31 5.00 6.10 |
£ 436,672.90 (25,367.48) 1,332.83 14,484.35 |
|---|---|---|
| 427,122.60 36,300.00 23,955.55 11.10 |
||
| 487,389.25 £ |
Page 1
The Ralf Trust
Registered Charity No: 1144551
Payments
| Payments | ||
|---|---|---|
| Payments made to charities Payment Registered Charity No. Page no. reference 24-7 Prayer Faster Payment 1091413 Christians Against Poverty 800177 1097217 Day One Prison Ministries 800178 233465 Intercontinental Church Society Faster Payment 1072584 London City Mission 800174 247186 OMF International (UK) 800171 1086040 Operation Mobilisation (Fuel) 800172 1008196 Operation Mobilisation (S/Projects) 800173 1008196 Release International 800175 280577 St Michael's Church Faster Payment 1130914 West Wittering Church, Church of England Faster Payment 1141879 Wycliffe Bible Translators 800176 251233 Killik & Co Investment Portfolio Fees Global Custody Quarterly charges Legal Identifier fee Value of funds as at 5 April 2023 Killik Investment Portfolio 3 Metro Bank Platform Securities |
£ 10,000.00 1,000.00 2,500.00 650.00 3,000.00 5,000.00 2,500.00 2,500.00 2,500.00 2,000.00 5,000.00 5,000.00 1,419.72 677.50 84.00 363,172.48 66,565.00 13,820.55 £ |
£ 41,650.00 2,181.22 |
| 43,831.22 443,558.03 |
||
| 487,389.25 £ |
Page 2
Assets
| Trust: The Ralf Trust | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Registered Charity Number: 1144551 | ||||||||||||||||
| Schedule of Investments for theyear ended 5 April 2023 | ||||||||||||||||
| Security Description | Nominal | Book Cost | Market value | Date | Nominal | Purchases in 2022/23 |
Sales in 2022/23 |
Realised gain/(loss) in 2022/23 |
Nominal | Book Cost | Market value | Unrealised gain/(loss) in 2022/23 |
Net Income 2022/23 |
|||
| 05-Apr-22 | 05-Apr-22 | 05-Apr-22 | 05-Apr-23 | 05-Apr-23 | 05-Apr-23 | |||||||||||
| £ | £ | £ | £ | £ | £ | £ | £ | £ | ||||||||
| Portfolio KCX70P4 | ||||||||||||||||
| Accenture plc | 1,600.00 4,414.90 3,437.00 6,307.20 6,000.00 12,087.01 500.00 8,848.45 2,000.00 8,115.05 5,000.00 6,017.46 10,000.00 10,135.00 320.00 5,005.18 10,000.00 9,158.40 340.00 10,110.89 70.00 10,035.89 10,000.00 10,163.53 |
05/01/2023 | 27.00 | 6,092.77 | 27.00 6,092.77 80.00 5,888.69 65.00 5,123.56 13.00 6,237.07 3,437.00 6,307.20 25.00 6,317.28 500.00 8,848.45 2,000.00 8,115.05 95.00 6,086.64 42.00 6,018.16 27.00 5,929.44 345.00 6,120.43 320.00 5,005.18 340.00 10,110.89 285.00 6,059.75 70.00 10,035.89 17.00 5,396.68 25.00 5,257.95 |
6,096.07 | 3.30 | 18.63 | ||||||||
| AlphabetInc | 05/01/2023 | 80.00 | 5,888.69 | 6,738.14 | 849.45 | |||||||||||
| AmazonCom Inc | 18/01/2023 | 65.00 | 5,123.56 | 5,273.39 | 149.83 | |||||||||||
| ASML Holding | 05/01/2023 | 13.00 | 6,237.07 | 6,900.06 | 662.99 | 13.33 | ||||||||||
| BAEsystems | 11,852.80 | 21/07/2022 | 1,600.00 | 12,536.81 | 684.01 | 243.20 | ||||||||||
| Barclays plc ord gbp0.25 | 5,052.39 | 5,077.14 | 24.75 | 249.18 | ||||||||||||
| BerkshireHathawayInc ComUSD0.0033 ClassB | 24/01/2023 | 25.00 | 6,317.28 | 6,225.12 | (92.16) | |||||||||||
| BellevueHealthcareTrust plcredeemable ord gbp0.01 | 11,400.00 | 05/01/2023 | 6,000.00 | 9,300.49 | (2,099.51) | 375.00 | ||||||||||
| BHPgroupltdnpv(di) | 14,822.50 | 12,062.50 | (2,760.00) | 1,129.16 | ||||||||||||
| BPord usd0.25 | 7,658.00 | 10,674.00 | 3,016.00 | 400.28 | ||||||||||||
| BTGroup ord gbp0.05 | 9,232.50 | 05/01/2023 | 5,000.00 | 6,099.25 | (3,133.25) | 385.00 | ||||||||||
| Burford Capitalplc 6.125% gtd snr nts26/10/24gbp100'regs' | 10,127.50 | 13/01/2023 | 10,000.00 | 9,889.66 | (237.84) | 612.50 | ||||||||||
| Canadian PacificRailwayLtd Com NPV | 05/01/2023 | 95.00 | 6,086.64 | 5,776.16 | (310.48) | |||||||||||
| CMEGroupInc Com | 06/01/2023 | 42.00 | 6,018.16 | 6,580.26 | 562.10 | 31.62 | ||||||||||
| DanaherCorp Com | 05/01/2023 | 27.00 | 5,929.44 | 5,368.04 | (561.40) | |||||||||||
| DeutscheTelekom AG | 10/01/2023 | 345.00 | 6,120.43 | 6,973.55 | 853.12 | |||||||||||
| Diageo ord gbp0.28101/108 | 12,734.40 | 11,740.80 | (993.60) | 243.77 | ||||||||||||
| European AssetsTrust plc ord gbp0.10 | 11,525.00 | 10/01/2023 | 10,000.00 | 9,458.00 | (2,067.00) | 660.00 | ||||||||||
| Experianplc ord usd0.10 | 10,053.80 | 9,115.40 | (938.40) | 148.44 | ||||||||||||
| Halma ord GBP0.10 | 13/01/2023 | 285.00 | 6,059.75 | 6,141.75 | 82.00 | |||||||||||
| International BusMachcorp comusd0.20 | 6,900.70 | 7,422.72 | 522.02 | 322.25 | ||||||||||||
| International Personal Finance plc7.75%- 14/12/2023 gbp100'16' | 10,032.05 | 10/01/2023 | 10,000.00 | 9,817.14 | (214.91) | 775.00 | ||||||||||
| IntuitInc ComUSD0.01 | 18/01/2023 | 17.00 | 5,396.68 | 5,991.27 | 594.59 | |||||||||||
| Intuitive Surgical Inc Com USD0.001 | 18/01/2023 | 25.00 | 5,257.95 | 5,175.75 | (82.20) |
Page 3
Assets
| InvescoPhysical Markets secured goldlkdnts 31/12/2100 usd | 45.00 6,148.73 8,000.00 8,604.72 3,500.00 15,135.22 8,500.00 7,716.63 185.00 3,579.45 90.00 7,302.43 100.00 7,261.87 10,000.00 10,110.00 70.00 8,529.22 700.00 4,262.72 c 100.00 7,962.10 225.00 6,442.96 400.00 8,386.35 2,500.00 8,457.12 500.00 6,496.99 1,100.00 7,592.01 30.00 7,400.56 55.00 10,326.67 4,200.00 7,685.85 125.00 6,727.82 |
45.00 6,148.73 8,000.00 8,604.72 3,500.00 15,135.22 8,500.00 7,716.63 185.00 3,579.45 90.00 7,302.43 100.00 7,261.87 10,000.00 10,110.00 70.00 8,529.22 700.00 4,262.72 c 100.00 7,962.10 225.00 6,442.96 400.00 8,386.35 2,500.00 8,457.12 500.00 6,496.99 1,100.00 7,592.01 30.00 7,400.56 55.00 10,326.67 4,200.00 7,685.85 125.00 6,727.82 |
6,412.05 | 45.00 6,148.73 7,040.89 55.00 6,401.33 5,631.75 18.00 6,419.19 6,823.33 23.00 5,962.21 6,565.27 15.00 6,278.58 7,394.40 55.00 1,064.16 12,550.78 90.00 7,302.43 8,992.03 90.00 6,056.91 5,657.77 100.00 7,261.87 6,848.14 70.00 8,529.22 8,497.35 700.00 4,262.72 7,721.00 225.00 6,442.96 11,886.75 400.00 8,386.35 9,452.00 27.00 5,869.18 5,612.55 2,500.00 8,457.12 7,687.50 875.00 12,812.96 15,868.13 2,455.00 6,000.11 6,478.75 21.00 5,180.39 9,766.83 90.00 6,044.90 5,635.38 28.00 5,257.21 11,446.38 35.00 6,278.64 6,407.77 250.00 6,028.79 3,662.89 87.00 4,682.56 6,999.59 |
45.00 6,148.73 7,040.89 55.00 6,401.33 5,631.75 18.00 6,419.19 6,823.33 23.00 5,962.21 6,565.27 15.00 6,278.58 7,394.40 55.00 1,064.16 12,550.78 90.00 7,302.43 8,992.03 90.00 6,056.91 5,657.77 100.00 7,261.87 6,848.14 70.00 8,529.22 8,497.35 700.00 4,262.72 7,721.00 225.00 6,442.96 11,886.75 400.00 8,386.35 9,452.00 27.00 5,869.18 5,612.55 2,500.00 8,457.12 7,687.50 875.00 12,812.96 15,868.13 2,455.00 6,000.11 6,478.75 21.00 5,180.39 9,766.83 90.00 6,044.90 5,635.38 28.00 5,257.21 11,446.38 35.00 6,278.64 6,407.77 250.00 6,028.79 3,662.89 87.00 4,682.56 6,999.59 |
45.00 6,148.73 7,040.89 55.00 6,401.33 5,631.75 18.00 6,419.19 6,823.33 23.00 5,962.21 6,565.27 15.00 6,278.58 7,394.40 55.00 1,064.16 12,550.78 90.00 7,302.43 8,992.03 90.00 6,056.91 5,657.77 100.00 7,261.87 6,848.14 70.00 8,529.22 8,497.35 700.00 4,262.72 7,721.00 225.00 6,442.96 11,886.75 400.00 8,386.35 9,452.00 27.00 5,869.18 5,612.55 2,500.00 8,457.12 7,687.50 875.00 12,812.96 15,868.13 2,455.00 6,000.11 6,478.75 21.00 5,180.39 9,766.83 90.00 6,044.90 5,635.38 28.00 5,257.21 11,446.38 35.00 6,278.64 6,407.77 250.00 6,028.79 3,662.89 87.00 4,682.56 6,999.59 |
628.84 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JLEN Environmentalassets groupltd ordnpv | 8,880.00 | 10/01/2023 | 8,000.00 | 9,504.00 | 624.00 | 421.60 | ||||||||||
| JP MorganChase & Co ComUSD1.00 | 13/01/2023 | 55.00 | 6,401.33 | (769.58) | ||||||||||||
| Keyence CorpNPV | 20/01/2023 | 18.00 | 6,419.19 | 404.14 | ||||||||||||
| Law Debenture Corp ord gbp0.05 | 28,245.00 | 20/01/2023 | 3,500.00 | 28,387.88 | 142.88 | 1,054.38 | ||||||||||
| LindePlc Com Eur0.001 | 03/03/2023 | 23.00 | 5,962.21 | 603.06 | 23.56 | |||||||||||
| Lonza GroupAG CHF1(Regd) | 10/01/2023 | 15.00 | 6,278.58 | 1,115.82 | ||||||||||||
| MIChelverton EquityFundMIChelvertonUK Equityincome b dis | 9,977.50 | 11/01/2023 | 8,500.00 | 9,034.65 | (942.85) | 485.74 | ||||||||||
| Microsoft Corp comusd0.00000625 | 43,989.85 | 05/01/2023 | 130.00 | 24,777.06 | (6,134.73) | (527.28) | 275.41 | |||||||||
| Nestle SACHF.10 (regd) | 9,152.58 | (160.55) | 131.38 | |||||||||||||
| NexteraEnergyInc ComUSD0.01 | 24/01/2023 | 90.00 | 6,056.91 | (399.14) | 29.50 | |||||||||||
| Orsted a/s dkk10 | 9,685.47 | (2,837.33) | 218.13 | |||||||||||||
| Paragon BankingGroup plc 6% snremtn 28/08/2024gbp100'3' 'regs' | 10,735.00 | 13/01/2023 | 10,000.00 | 10,231.72 | (503.28) | 300.00 | ||||||||||
| Procter& Gamble co com npv | 8,281.85 | 215.50 | 179.48 | |||||||||||||
| Prudentialgbp0.05 | 7,934.50 | (213.50) | 100.94 | |||||||||||||
| PrusikUmbrella UCITSFund plcPrusik Asian Equityincome b usdin | 14,561.80 | 16/01/2023 | 100.00 | 14,989.58 | 427.78 | 706.74 | ||||||||||
| RioTinto ord gbp0.10 | 13,770.00 | (1,883.25) | 1,291.39 | |||||||||||||
| Shellplc ord eur0.07 | 8,484.00 | 968.00 | 345.20 | |||||||||||||
| SikaAG CHF0.01(Reg) | 10/01/2023 | 27.00 | 5,869.18 | (256.63) | 48.98 | |||||||||||
| Smith(DS) ord gbp0.10 | 7,990.00 | (302.50) | 525.00 | |||||||||||||
| SSEplc gbp0.50 | 8,985.00 | 06/01/2023 | 375.00 | 6,315.97 | 567.16 | 554.75 | ||||||||||
| Tesco Ord GBP0.06333 | 10/01/2023 | 2,455.00 | 6,000.11 | 478.64 | ||||||||||||
| Standard Chartered plc ord usd0.50 | 5,495.60 | 05/01/2023 | 1,100.00 | 7,292.38 | 1,796.78 | 116.28 | ||||||||||
| ThermoFisherScientificinc comusd1 | 13,405.13 | 06/01/2023 | 9.00 | 4,170.22 | 148.68 | 383.24 | 25.18 | |||||||||
| TJXCocInc ComStkUSD1 | 05/01/2023 | 90.00 | 6,044.90 | (409.52) | 18.85 | |||||||||||
| UnitedhealthGroupinc comstkusd0.01 | 21,797.05 | 21/07/2022 | 27.00 | 11,211.67 | 511.30 | 349.70 | 210.64 | |||||||||
| VisaInc ComStkUSD0.0001 A | 05/01/2023 | 35.00 | 6,278.64 | 129.13 | 11.07 | |||||||||||
| Vonovia SE NPV | 13/01/2023 | 250.00 | 6,028.79 | (2,365.90) | ||||||||||||
| Vodafone Group ord usd0.2095238 | 5,270.16 | 05/01/2023 | 4,200.00 | 3,692.81 | (1,577.35) | 325.27 | ||||||||||
| Xylem inc comusd0.01 | 8,304.81 | 05/01/2023 | 38.00 | 3,483.40 | 958.74 | 1,219.44 | 101.15 | |||||||||
| Sub Total | 256,528.38 £ |
372,748.99 £ |
138,184.23 £ |
183,876.72 £ |
£(11,616.55) | 266,079.60 £ |
313,959.35 £ |
£(1,480.60) | 13,107.98 £ |
Page 3
Assets
| Security Description | Nominal | Book Cost | Market value | Date | Nominal | Purchases in 2022/23 |
Sales in 2022/23 |
Realised gain/(loss) in 2022/23 |
Nominal | Book Cost | Market value | Unrealised gain/(loss) in 2022/23 |
Net Income 2022/23 |
|||
| 05-Apr-22 | 05-Apr-22 | 05-Apr-22 | 05-Apr-23 | 05-Apr-23 | 05-Apr-23 | |||||||||||
| £ | £ | £ | £ | £ | £ | £ | £ | £ | ||||||||
| Portfolio KCX70T4 | ||||||||||||||||
| 3i Infrastructure ordnpv | 4,736.00 8,598.71 3,000.00 6,192.56 4,200.00 6,303.55 4,400.00 6,043.54 |
16,741.76 | 13/01/2023 | 3,900.00 | 13,013.32 | (773.18) | 836.00 1,517.85 2,633.40 788.00 3,400.22 3,349.00 43.67 6,000.00 5,893.27 3,060.00 2,585.70 2,539.80 1,640.57 2,200.00 2,106.49 2,900.00 2,584.49 2,398.30 3,000.00 6,192.56 5,211.00 9.42 2,600.00 2,582.03 1,375.38 1,400.00 1,391.85 22.086 2,600.00 2,536.11 2,240.00 2,116.13 1,921.92 1,600.00 1,398.40 1,302.40 4,200.00 6,303.55 5,854.80 2,869.44 3,600.00 3,626.69 2,000.00 2,747.06 2,644.00 24.221 3,300.00 3,222.07 |
(321.86) | 511.49 | |||||||
| BH MacroLtd OrdNPV | 13/02/2023 | 788.00 | 3,400.22 | (51.22) | ||||||||||||
| C GPortfolioFundPLC | 16/01/2023 | 43.67 | 6,000.00 | (106.73) | ||||||||||||
| CordiantDigital InfrastructureLtd OrdNpv | 13/01/2023 | 3,060.00 | 2,585.70 | (45.90) | ||||||||||||
| Franklin Templeton Funds Clearbridge Gbl Infrstr | 13/01/2023 | 1,640.57 | 2,200.00 | (93.51) | ||||||||||||
| Hipgnosis SongsFundLtd | 13/01/2023 | 2,900.00 | 2,584.49 | (186.19) | ||||||||||||
| LondonmetricProperty plc ord gbp0.10 | 8,304.00 | (3,093.00) | 235.80 | |||||||||||||
| LumynaMarshall Wace | 18/01/2023 | 9.42 | 2,600.00 | (17.97) | ||||||||||||
| MI Twentyfour InvestmentFunds | 13/01/2023 | 1,375.38 | 1,400.00 | (8.15) | ||||||||||||
| PGIM FundsPLC | 13/01/2023 | 22.086 | 2,600.00 | (63.89) | ||||||||||||
| SDCL EnergyEfficiencyInc | 02/02/2023 | 2,240.00 | 2,116.13 | (194.21) | 33.60 | |||||||||||
| SequoiaEconomicInfrastructureInc | 13/01/2023 | 1,060.00 | 1,398.40 | (96.00) | 27.50 | |||||||||||
| Tritax BigBox REITplc ord gbp0.01 | 10,441.20 | (4,586.40) | 265.23 | |||||||||||||
| Trojan InvestmentFunds | 13/01/2023 | 2,869.44 | 3,600.00 | 26.69 | ||||||||||||
| Urban LogisticsREITplc ord gbp0.01 | 8,624.00 | 13/01/2023 | 2,400.00 | 3,399.12 | (1,304.88) | (1,276.00) | 267.52 | |||||||||
| WintonUCITSFunds | 17/01/2023 | 24.221 | 3,300.00 | 24.221 | (77.93) | |||||||||||
| Sub Total | 27,138.36 £ |
44,110.96 £ |
33,784.94 £ |
16,412.44 £ |
2,078.06 -£ |
50,545.96 £ |
49,213.13 £ |
£(10,192.27) | 1,341.14 £ |
|||||||
| Total | 283,666.74 £ |
416,859.95 £ |
171,969.17 £ |
200,289.16 £ |
£(13,694.61) | 316,625.56 £ £363,172.48 |
£(11,672.87) | £14,449.12 |
Page 3
Independent examiner's report to the trustees of The Ralf Trust Reg Charity No. 1144551 on Accounts for the year ended 5 April 2023
I report on the accounts of the Trust for the year ended 5 April 2023, which are set out on pages 1 to 5.
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: 1 February 2024