Joseph Ward's Charity {Reglstered Charity. No. 1148550) Financial statements for the year ended 31 August 2024 Contents Page Legal and administrative information Trustee's report 34 Examiners report Receipts and payments account Statement of assets and liabilities Notes to the Accounts Joseph Ward's Charity Legal and administrative information Trustees Mrs R Briggs Rev M Deans Mrs D Ellender Mrs B Gould Mr J Kitchener Mrs M Loy Mrs S Mappin Mr J Oakes Mr J Prewett Registered Charity number 1148550 Prlnclpal address 76 Overton Road Sheffield S6 1WJ Bankers Virgin Money 157 Bradfield Road Sheffield S6 2LY Independent examinfrr Craig Williamson White Rose Accounting for Charities The Ghyll Threapland Aspatria CA7 2EL Joseph Ward's Charity Tn4Stee'5 report The Trustees present their report and financial statements for the year ended 31 August 2024. The trustees have adopted the provisions of the Statement of Recommended Praclice (SORP) "Accounting and Reporting by Charilies" issued in March 2005 in preparing the annual report and financial statements of the charity. Structure. governance and management The trustees will be the persons who are the members from time to time of the Hillsborough Trinity Methodist Church Council, acting in accordance with their normal pr0￿dUreS. Appointment of trustees The trustees must give to each new trustee, on their first appointment.. a copy of the governing document of the charity, including any amendments made to it., a copy of the charity's latest report and statement of accounts. Objectives and activities The objects of the charity is to further the religious or other charitable work of the Methodist Church within the Circuit, with preference to the work cairied out at, and through, the Church. In Furtherance of the object. but without limitation, the trustees my.. support work directed towards the advancement of the Christian faith among young childrena nd young people,. and Provide financial or other assistance to person in need (with preference to persons who attend Hillsbrough Trinity Methodist Church)., and provide financial assistance to Hillsbrough Methodist Church to maintain and repair its premises. Joseph Ward's Charlty Trustee's report continued. Trustees responsibilitles for the financial statements ChiArity law requires the trustees to prepare financial statements for each financial period which show the state of affairs of the charity and of net income or expenditure of the charity for that period. In preparing those financial statements, the Truslees are required to.. select suitable accountlng policies and apply them consistently- Cl make judgements and eslimales that are reasonable and prudent. El prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. slate whether applicable accounting standards of recommended practice have been followed subject to any departures disclosed and explained in the financial statements. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time Ihe financial position of the charity and enable the Trustees to prepare financial statemenls. The Trustees are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud and other irregularities. This report wa5 approved by the Trustees on their behalf by.. and is signed on Trustee k<4AL* C Ilokng) Josoph Ward's Charity Independent examlnorfs report to tho trusteos ot Joseph Ward's Charlty I report on the accounts for thè year 8nded 31 August 2024, which are sel out on pages 6t08. Respective responsibilities of trustees and examlnor 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{21 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to= O examine the accounts under section 145 of the 2011 A¢t'. Ei to follow the procedures laid down in the general Directions given by the Charity Commission under section 145 (51(b) of the 2011 Act- and E] to state whether particular matters have come to my attention. Basls of Independent examinevs 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 conceming any such matters. The procedures undertaken do not provide all kne evidence that would be required in an audit and consequently no opinion is given as lo whethei the accounts present a 'true dnd fair view, and the report is limited lo those rnatters set out in the slalemenl below. Independent examiner's statement In connection with my examination, no matter has come to my attention.. 111 which gives me reasonable cause to believe that in any malerial respect the requirements.. Ei to keep accounting records in accordance with section 130 of the 2011 Act," and E] to prepare accounts which accord with the accounting reGords and Gomply with the accounling requirefflents of the 2011 Act have not been met., or (2) lo which, in my opinion, attention should be drawn in order to enable a proper understandin f the accounts to be reached. Signed. Craig Williamson White Rose Accounting for Charities The Ghyll Threapland Aspalria CA7 2EL Dale.. Joseph Ward's Charity Receipts and payments account for the year ended 31 August 2024 TOMI 2024 Total 2023 Receipts Investment income Other Income Total roceipts 23,135 6,645 29,780 25,881 25,881 Payments Salaries and Nl Equipment, repairs and renewals Activities Accountancy Total payments 33,789 23,999 230 34,019 220 24,219 Net receiptsl{payments) <4.239) 1,662 Opening balance 28,046 26,384 Total funds carried forward 23,807 28,046 Joseph Ward's Charity Statement of assets and Ilabilities as at 31 August 2024 2024 2023 Current assets Current account TMCP 1524 TMCP 11687 Surplus fund TMCP 1524 a-d 3,131 7,398 20,127 546 23,807 20,127 519 28,046 Other Assets TMCP 1524 Managed fixed fund 152,252 units @ £5.08 TMCP 11687 Managed fixed interest fund 3553 units @ £1.68 822,462 765,523 6.225 5,935 Liabilities Accountancy & independent examination 240 240 230 230 This report was approved by the Trustees on their behalf by.. and is signed on Trustee Joseph Ward's Charity Notes to the Accounts for the year ended 31 August 2024 1 Receipts and payments accounts The financial statements have been prepared in accordance with the Statement of Recommended Practice, Accounting and Reporting by Charities