REGISTERED COMPANY NUMBER.. 07889443 (England i nd Wales) REGISTERED CHARITY NUMBEF= 1145530 THE osfACCHINI FAMILY CHARITABLE TRusr REPORT OF THE TRusfEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" DECEMBER 2023 THE OSTACCHINI FAMILY CHARITABLE TRUSr CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" DECEMBER 2023 Page Report of the Trustees Ito2 Indepèndent Examinerfs Report Stalemeni of Financial Activities Balance Sheet Notes to the Financialststements 6t08 Detailed Statement of FinancialActNities THE OStACCHINI FAMILY CHARITABLE TRUSr REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31" DECEMBER 2023 The trustee5 who are also directors of the charity forthe purposes of the Companies Att 2006. present their rt port with the financial statements of the charityforthe yearended 31" Oecember 2023. Thetrustees have adopted the Iirovisions of Accountin8 and Reporknng by Charities.. Statement of RecommerÈded Practice applioble to charities preparing their accounts in accordance with the Financial Reporttng Standard applicable in the UK and Republic of Ireland 'FRS 1021 (effective l January 20151. OBJEcfivES AND AcTrvmES Objertivès and airns To promote humane behaviour towards animals by providing appropriate care. protection, treatment and sec Jrities for animals which are in need of Ca￿ and attention by reason of sickness, majtreatment, poor circumstances 01 ill usage and to educate the public in matters pertaining to animal welfare in general and the prevention of cruelty and sufferin8 mong animals. The provlslon of relief to people in need. by reason of age, ill-health or disability. Grant making IA the financial year ended 31° December 2023 grants amounting to £22.7(K) We￿ awarded12022: E41,2001. ACHIEVEMENf AND PERFORMANCE Chzrltable athvltles The Ostacchini Family Charitsble Trust was estsblished in 2012 in accordance with the terms of the last Will and Testament of the late Miss Rosina Ostacchini. making provision for her settled property portfolio to be let and managed wtth annual sU￿luSeS distributed primarilyto deseNn8 animal charibes. The first8rants were made In Novem )er 2012. The Trust ha5 received applications for funding from many deserving charities. A selection proce55 is undertakjn bythe TNstees who rneet annually to agree a short list of claimantsand the amounts to be distributed to each confirried, with maximum Brant of£lO.CKQ to each per annurn. FINANCIAL REWEW Reserves polky The Charity is required to retain suffioent funds to meet any planned and unexpected repair and maintenano: costs of its property portfolio. RENTAL INCOME The income to the trust 15 alrngst exclusfj¥ely rental income from residential and commertial property- sTrucruRE. GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governin8 document. a deed of trust. and con5titute5 a limited eompany, li nited by guarantee, as defined by the Companies Act 2CQ6. ORGANISATIONAL STrUCWRE The Board consists of two Tru5tee5 who meet periodically to discuss the Telative merits of appllcatSons recei ￿ from potential beneficiaries. Wlth the objective of agreeing a final litt of donation5 to be made usually IA late sumrier/early autumn. Potential beneficiaries are invited to apply for funding for parbcular projetts to the Registered Offi-e in the first instance. Page 1 THE 0sfACCHINI FAMILY CHARITABLE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st DECEMBER 2023 REFERENCE AND ADMINISTRATIVE D￿All5 e8iStered Company number 07889443 (England and Walesl Registered Charity number 1145530 Registered Office 2ré Floor, Regi5 HO￿$¢ 45 King William Street London EC4R 9AN Trustees Mr A L Howard FCA Mr5 F M Howard Independent Examiner Mr C A Bugden CIOT GTosvenor Tax Consuttants Ltd Priestfield Farm Henfield Road Albourne West Sussex BN6 gDE Solicitors Wedlake Bell 52 8edford Row London WCIR 4LR This ￿ptsrt has been prepared Sn attordance with the speclal provision5 of Part IS of Companies Act 2CQ6 n.,lating to small companles. Approved by order of the board of trustees on....................... ................................. and signed of it5 behalf bv Mr A L Howard- Trustee INDEPENDE￿ EXAMINER'S REPORT TO THE TRUSTEES THE OSTACCHINI FAMILY CHARITABLE TRUST Independent examinerf5 report to the trU￿ee5 of Thè 051acthEnl Family Charrtsble Trust 1.the Company") I report tt) the charity trustees on my examirsation of the accounts of the Company for the year ended 31, Ilecernber 2023. R•sponsbbilities and basis of report As the charity's trustees of the Company land also its direuors for the purposes of company lawl you are re)pon5ible for the preparation of the accounts in accordante with the requirements of the Companies Act 20061-the 21Ji6 Act"l. Having sati5ffed myself that the accounts of the Company a￿ not required to be audited under Part 16 of the 2006 A and are eliBible for independent examination. I report in ￿SpeCt of my exarnination of your charity's account5 Is carried out under section 145 of the Charities Att 20111-the 2011 Art-l. In carrying out my examinafjon I have foll )wed the Directions given by the Charity Commission under5ection 145151 Ibl of the 2011 Act. Indèpendent examinerfs statement I have completed my exarnination. I confirm that no matters ha¥e come to my attention in connection with the examination giving me cause to ￿lIeve.. accounting records were not kept in re5pert of the Company as required by section 386 of the 2(NJ6 1 ct: or the accounts do not accord with those records.. or the accounts do not comply with the accounting requ1￿ments of section 396 of the 2CKJ6 Act other than any requirement that the accounts &4ve a true and fair v￿W which is not a matter considered a5 P irt of an independent examination- or the accounts have not been p￿pared in accordante with the methods and principles of the Stat,:ment of Recommended Practice for accounting and reporting by charitie5 lapplicèble to charities prepai ing their accounts in accordan￿ with the Financial Reporting stsndard applicable in the UK and Republic of Ire and IFRS 10211. I have no corEcerns and have come across no other matters in connection with the e¥aminatlon to which attentlibn should be drawn in this report in orderto enable a proper understanding of the accounts to be reached. C A BuBden CIOT Grosvenor Tax Consultants Ltd Priesffield Farrn Henlield Road Albourne West Su55ex BN6 9DE Date: .........................................-...-. P8ge3 THE OSTACCHINI FAMILY CHARrrABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2023 Unrestrirted Restricted fvnd fvnd 2023 Total Funds 21)22 Tirtal Fi nds Notes INCOME AND ENDOWMENTS FROM Investment Income 171.222 171.222 178.976 EXPENDttURE ON Propety costs 69.770 125,992 73.023 CharltabL¢ actlvttl•s Grants payable 22,700 Support costs 20.803 20.803 l i,725 Total 99.725 69.770 164,495 17 3,713 NETIEXPENDITUREIIINCOME BEFORE GAINS ON INVESTMENTS AND TRANSFERS 71.497 1,727 263 Net I10ssl/gains on investmem assets 1,84'1.500 NET MOVEMENTS ON FUNDS 71,497 1.727 1,841.763 RECONCILIATION OFFUNDS Totallunds boughtforward 232.907 4,342,995 4,575.902 2,8011,855 TOTAL FUNDS CARRIED FORWARD 304.404 4273.225 4.577.629 4.651 ,618 These notes form part ofthese finanoal statements Page4 THE osfACCHINI FAMILY CHARITABLE TRUST BALANCE SHEET 315f DECEMBER 2023 2023 Totsl Funds 1022 lotal Flind5 Unrestricted Re5trirted fund fund Investment property 2,187.877 CURRENT ASSETS Investment property held forsale Debtors 2.187,877 2.1,'17,877 Cash at bank 17.188 345.8SO 17,188 2,431,198 4.636,263 '.1,003 2,ty.3.860 2.085.348 CREDrroRS 363.038 4.273.225 4,6( 2,740 Amounts falling due wlthin One year .S8.634 -58.634 -, 6,838 ASSETS 4.273,225 4,577.629 4.5- 5.902 FUNDS Unrestricted fund General fund Restricted fund 304.404 4,273,225 4,3£ 2.995 TOTAL FUNDS 4.577,629 4,515.902 The charitable company is entftled to exemption from audit under Section 477 of the Companles Act 20[￿ for the year ended 31* Decernb2r 2023. The member5 have not required the company to obtain an audtt of its flnantial statements for the year ended 315r December 2023 In accordance with Section 476 ofthe Companies Act 2LXJ6. The trustees acknowledge their responsibilities fo en5urin8 that the charitsble company keeps accounting recordsthat comply with Section 386 and 38 1 of the Companies Act 2006 and preparing linancial statements which give a true and fair view of the st3te of aTrdirs of the charitable,."ompany as at the end of each finaficial year and of its surplus or deficit for each fi'nancial year in accordance v ith the requirements of Sections 394 and 395 and which otherwise comply with the requirement5 of the Cor)panie5 Act 2006 relating to flnancial statements. so far as applicable to the charitable company. These financial statements have been preparèd in accordance with the provisions applirable to charitable cotT panies 5ubjett to the small companies regime. The financial statemerlts were approved by the Board of Trustees and authorised for issue on ...... ................... ............. and were signed on its behalf bv.'_ Mr A L Howard- Trustee These notes form part ofthese financial statements Page S THE osfACCHINI FAMILY CHARITABLE TRUST NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 ACCOUPfflNG POUCES B451$ of preparincthe fi￿r￿0a1 stst•m The financial statements of the chaiitsble company, vthich 15 a public benefit enttty under FRS 102, h3ve been )re￿red in accordance with thecharities SORP IFF￿) 1021 Staternent of Recornrnended PracDce applicableto charities pre )aringtheir accounts in ?ccordance with the Financkil Rewrtin8 Standard applitable in the UK and Republic of Irelan( IFRS 1021 leffetknve l January 20151". Financial Rew)rtiD6 Standard 102 Ihe Financial Rewrtinq Stsndard applicable in '.he UK and Republic af Ireland" and the Compa*ies Art The finantial 5[a￿ments have been prepared under the hi¢torical t05t convention. Income l income is recognised in theststementof Flnanci4lAthfjes on￿the chatity has enfjtlementtothe fvnd5. it,s probable thatthe Ir*orne w¢ll be reCe￿*d andtheamuntc4n be measured rdiabty. ExpeDdtture Llèbilide5 a￿ recoqni5ed as expÈndrture as s¢)on asthere 15 a legal orconstructi¥e Obli￿tion commthnE the ch< rityto that expenditure, it is probable that a tral￿fer of economic benefirs will ￿ required in settlement and the am( unt of the obli6ation fan be measured reliably. ExpÈndr