REGISTERED CHARITY NUMBER: 1146388 RT OF ThE TRUSTEES AND NAUDITEO FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 869 HkJh Rd N128QA
THE ALLEN TRUST
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 9 |
THET UST OED 31 MARCH THE YEAR Th8 trustetrs present thek F8PL¥t with the finandd s1thrn of the thwity for the year ended 31 2023. Thè truste8s have adopted the prowsKJn5 off Acc¢Mtry aThl Relting by Charibes: Slaternent of Reo)mmended Pr8cb applicaL48 lo charlbos prowng Ih8lr actounts In arLordarte lh8 FI14 Rrfth'rvj Standard 4)pleab18 in the UK and R8puL4ic of Ireland IFRS 1021l8ff8th" 1 UY 20191. The accounts have tEen prepared in 0rdar the 8cuNJnting pcs set out in Note 1 to tl)e acojurts and comply th tl Charitys govemir¥J (bJ(xxwtt the Chanlw Act2011. O&JECTIVÈS AND AnvfflS Obl•ctlvo8 and alms The objects ofthe Chanty are for the relief of Pe5 an9 in th8 7M¥ld who are In c¢mdth¢S c4 need. ha¥dship or distr8s$, and has m8inlainod thig 0¥8L'v8 Wrthin th8 P8rKrfl. The trLo1995 C(tirje to 58wk out Drthy ¢aLW5 and, on agr88rnw. donate to Ihem. In so dng. the In¢80S tho Charfty atI8$ for tho wbfic ben8fft. hen¢ giv8 due r898rd th8 Charity CM¢On gui. Thè 1¢1¢$ 84)ptod ifi fiJtherance ol tho#• cJ¢cts are a5 d8Wtd atThe and Ihere has been no dnge in these rfng th8 y•ar. The tru8teos ha paid due r•ga b) guxlknce by Ihè Chwity Commis5Th in derxirYJ 8t ac1tIo$ tha Charfty should undertake. ACHIEVEMENT AND PERFORMANCE cble actlvttl The trust has continued to ppryt c#85 as detyJ in to thtse acojunts. FINANCIAL RPIIEW The trust conb'nues to hohy 8wnifKant resour h•$ ornl t4nk mt8r•st in the olE6,722. Invesfvnls have been mad• by •Tr9 to orJ lthduaf$ alWed fof subs1• grnater iTrter•8t to bp gamed than malntsln1j ncKm81 bsnk Inthst year from 6Th as bans wa5 È20.169. Total ¢J)nati$ recewed in PWKXJ E42,858.$9 Donations wer• r8C81ved Irom tte05 oft1.220. STRucfuR& GOVERNANCE AND MANAoeMENT Governlng do¢um•nt Th8 ch8rty l¥ conlroled by Ns doeumgnl. • d8•a dbust and •n urlnc¥xpmtèd ch8nty. Rwultment and •ppolntm•nt ol n•w twte•• The powèr of appow)lvJ and lemo9 th8 ethdrvJ tru$t8•5 01 the eharlty. Aty trust•• m8mber appThnt8d Shall ho offica orty unor the ngxl AThwJal General Kleethr¥J they be elvi• for rwloeip)n. Organlsatlonal •truoturn All deTh58 ar& takell by In190$ and agreernent mad• by Inductlon and tralnlng ol now Irust•o5 11 is not consldgrod that any Wc rwwlrgwnls JrB rwu¥8d lor traMrq L¥ lTrJuckn ol truslBe& to Ihfj• Chadty other than tho guldance from thè eyi5h.rg tn1• REFERENCE AND ADMINISTRATIVE I)ETLS R•gi8tered Charity number 1146388 Princlpal address Cedar Bam Wwdhall Hungry L• Sen Surrey GU23 7LG Pago 1
EYEAR ED31 2023 TNstees MrADMAl8n Ms M Pdlrtt Indep•ndont E¥amin•r Mr G. Georgi(xJ Sander Accountw)ts 869 High Road London N128QA GOhlMEP4CalENT OF AcniimES The charlty comm8n•J Its actNitie$ on 14th 2012. or er ste8s on 22 Jawry 2024 aryl Sts bew ty. 18n- Trustee
THE AL STATEM FOR THE Y F FINANCIAL ENDED 31 ES 2023 2022 Uw88th(knd Total fvnd fvnd$ INCOME AND ENDOV•lAENTS FR¢XI Donations and tegacies 42.858 4.gJ7 Inveshnent iL 26,891 24,436 Total 69,749 29.343 EXPENDITURE ON Charltabl• a¢tiviti Ch8ritafAe donalM)n$ 327.070 3,845 332.6n 100,489 NEf INCOMEI(EXPENorruRE) 1262.9281 171,1461 RECONCIUAnot4 OF FUNDS Tolal hJnd¥ brought foThwd 2.187.449 2.238,595 TOTAL FUNDS CARRED FORWARD 1,9C4.521 2.167.449 Pagw4
CE SHEET CH 2023 2023 Unrestricted fuThJ funds CURRENT ASSErs D8blors Cash at bank 96B.973 941, 1.033,951 1.139,482 1.910.879 2,173.433 CREDITOR8 Iwnts lthln ya 16.3581 15,9841 NET CURREKfAS8Ers 1.WM,521 2,187.449 TOTAL ASSETS LESS CURRENT LIABILlEs 1.g¥)4.521 2.167.449 NET ASSErs 1,)4,521 2,167,449 FUt4DS Unreslrtted frJThJs 1.904.521 2.167,449 TOTAL FUND8 1,904.521 2.167,449 Tho financ1 8tatgM8nts 8pprov•J by thg PK•rd crf Trust oThJ wllK¥lwl fty 22 Januvy 2024 81fby.' - ADMAJlen-T Pag8 5
THE ALLEN TRUST NOTES TO ThE IIL STATEMENTS ACCOUNTIWG poLlEs Bas18 of preparjng the Ilnandal statsrnonts The nala1 staternerts of the L8rity. a wbk twefft ur4der FRS 102, been prep8Ted in accor(Jance wth the Chafities SORP IFRS 1021 'Acrounbng and RwrtiTrJ by Charities". Ststement of RgcornrTwd•J Praclir appli@ io ctharilkns pr8paring Ih8ir 8ccMts in 8C(x)rd8nc8 wlth the FlTh6noal RerK)rting Slandard a&able in UK Republ"c ol IFRS 1021 leflective 1 January 20191.. Financi Reporting Standard 102 The Finaal Rew)rfing SlaThda¥d aprknble in thè UK and Rewbk of Ir. th8 Charities Act 2011. Th8 finan sla18ments en t¥epaftyJ urjjet Ihe hist4 c051 (xjnvention. l income is COgnlsed in the Staternont of FinancHI Pth"ts"es orKe the charity has enboemanl to the fvnd$, tt L8 probabl• that tha InCL ¥MI be aThJ the armurrt can b8 mea¥urgd reliatly. Exp•ndltur• LLbllknas ar8 reniSed as expendhure 8S SLTh a5 Ihore i¥ a 18gal tx lx)n8trie ot4igats.on committing the tharity to Ihat expenditure. it is probab18 that a tran6fer of 8m)rnic benofft5 te reqUIj in 8eth9rn& and Ihe amount of th8 obli9ab.on (an bo m•asurad rdiabty. Expgndth ffj wwnleL1 fof on an acouak b8818 and ha8 boen classlfwj uNl8r h•8¢11 that rOgate cost r94a to e4tswy. Whère ccot8 ¢annol b• dlr8Ctly attnbuted to parlknlar h8adSngs they h•v& bggn abx¥te(l tr) •c"wl8 (n a b8 cx)n8lst8nt u69 of resource& T•x•tlon The chaty Is Mpt Imm tsx cwltatl& a¢X¥lUos. Fund •¢¢ounWno Unrestrf¢lgd be u88d In •ceC&e the (tsrt8t4& obithp8 at th8 dl8LYth 01th8tst8e9. R¥slrkted funtjs be w•J Part1 restrlthd wrp(S ithin Ihe o'8cts ofthe charfty. R08trkthn8 8riso by lh& when ère rawd for pth¢r restn"cleLI purr¥)88S. Further eXFIan8on oltho and wrpoje ofeath in nctsg b) the finalgI 8totoments. Fornlgn eurv•nd•• Assets and Ibbiliutrs In foreign oJrenci8s are Irartsl8knJ Into slew4ry #l the rateB of exchange njllng 8t th• balsncÉ sh•et d8te. Tran8xthS In forwgn Are Islated into sterting at th8 rate of 6xd)ang8 rullng •t Ihg date ol trt)sadJ'ofi. Exthange dhyarenw arn taken into artt in arting at the cswathr¥a re6 INVESThIEKr wcome 2023 Int$r8St rg¢•4sd 28.891 24,436 CHARITABLe AcnvmES COSTS Dlrnet Chartstk (%JnolKffjs 327.070 African RevNal Salvaii)n Amiy Grange Park Opera Clnnamn NeIr>[k 81shop Alls¢M Tl*dogk4 C Ukraine AmbulwK8 Mission AvialiC FeknNp Hospicos ol Hope Epis(x)pd Church Svppwt Baptist Joseph Fund SAUKT FthJr8ising J8.463 10.C 562 1(K) £327,OTO continu8d...
THE ALLEN TRUST NOTES TO OTH 123 2022 ForekJn exthange d4ffefen Tra¥81 Support ¢Lts 11,6131 4,598 1.170 2.475 TRUSTEES. REPAUNERATION AND BENEFrTs Th•r• w8r• Irtssts•8' I•raI} or oth•r t•n8llts for Iho •nd•J 31 Marth JJ23 nrxfor tho yoar oThJod 31 Marth 2022. KtrA D M Alen, a truslee Cfv•nty, ¥As eyponsos of£4,&J8 fry vtyl8 to Africo. o)nslst•d of£1.598 lora lrfp to UgwN1a and a E3.()) for a trfp to Sujth &don. Both bl86e trfps rdatJ to rtv)nitorry fi)r mwJe to the CharityAfrkn Re¥vnl. COMPARATIV&8 FOR TrIE 8TATEMeNTOF FINA14CWI ACTMTIES unrgsln.ctod fvnd INCOME AND ENDOWMEPITS FROM Danalion8 and legacies 4.907 Inv8Stm8nt incomg 24,438 Tot•1 29,343 ÉXPENDITURE ON Charltablg •Gllvltlo5 char51a* don8tK)n8 Other 3,645 Total 100,489 NET INCOMEiiexpeNDITURe) (71.1461 RECONCIUATION OF FUNDS Tot81 frjnth brought lorw8rd 2.238.595 TOTAL FUNDS CARRIED FORWARD 2.187,449 Pw7 ntinued...
TES TO THE FINANCIAL STATEM FOR THE YEAR ENDED 31 MARCH 2023 DEBTORS 21Y23 2022 AJ18 falry due one yw. Other d8btcfs ,737 117.976 Amunts falling (J8 after KTrJrèth#n on• sw. Othw (18blc 913.236 915.975 Aggragata altnts 968.973 1.033.951 Loans have been made to toeal bjsiness. and IrN#Ju#l$ at intèrest rnles greater lo Ihose ollered for deposits th ts high slreel banks. The charily is Iherekne ab to rea&se a grealw level ol Inte$t its cash deposit CREDITORS: AMoup¥fs FALUNG DUE ONE YEAR 2023 2022 Other credltors 5.984 MOVEMEKT N FUNDS N8t At 31.3.23 1.4.22 in fvnds Unr••trl¢t•d fvnd• G¢ngral fund 2,1e7.449 (262,W281 1,904,521 TOTAL FUN08 2.167,449 1282.9281 1.904,$21 Net wi funth. incld in Ihe are 88 loMs" IrKomirwJ •xpond in fvrJs Gengr81 fv 69,749 (332.6ni 1262,9281 TOTAL FUNDS 69.749 1332,6771 {282,9281 At 31.3.22 At 1.4.21 in hJnd8 Unr•8trlct•d fun Gèn8ral fund 2,ZJ8.595 171.146) 2,167,449 TOTAL FUNDS 2238,59S 171,1461 2.167.449 Page 8
THE NOTESTOTHE FI ENY MOVEMENT W FUNDS-contlnuod R8sowces MoveDnt in luThts Unr•strktèd lunds Genera 29.343 (1(N).4891 171,1461 TOTAL FUNDS (l(K).489 171.1461 A euThent y98T 12 [)nIh5 and 12 wrK)trw lIOn * asfal(v6'. nK)verrwit in lunds At 31.3.23 Al 1.421 Unr•atrl¢t•d fund• General fund 2,TJ8.595 1334,0741 1,904.521 TOTAL FUNDS 2238,595 1334,0741 1.9)4,521 A cuThent year 12 nKrfi¥ and Why year 12 months c¢mt4'rwd net Mrnet in fid. irnludèd in th¢ atthe arg 85 fokn.. INJ)mlng R8sour 8xpond• vèm8nt In lunds Unr••trl¢tsd lund• Gonor fund 1433.1661 1334.0741 TOTAL FiINDS 99.092 1433,1681 1334,0741 10. RELATED PARTY okL03uREs At y8ar a b8l&nc 18 ¢ywI to Ih? c4iwty of £913238 by Mr. L of tho trustea Mr. A D M Ion. Mr. LAlen 18 ¢W £13.7 In the 88 intwwl tho . DuriffJ th& yoar, £1,220 drffiated by the Ino1• Ms. M. Poh'lL Mr A D M PJ8n NIMtld traNpl ) of£4,598 mc11¥Y to Alric&.