## **THE BERNICE COWEN CHARITABLE TRUST**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023**
## **THE BERNICE COWEN CHARITABLE TRUST**
## **CHARITY INFORMATION**
|**Trustees**|J.S. Cowen|
|---|---|
||M.H. Leigh|
||M.A. Lerner|
|**Registered Charity Number**|1148944|
|**Address**|1 Holbrook Gardens|
||Aldenham|
||Herts|
||WD25 8AB|
|**Bankers**|Lloyds Bank plc|
||PO Box 1000|
||Andover|
||BX1 1LT|
|**Independent Examiner**|Michael Lerman FCA|
||Halkin Lerman Davis|
||Beaumont Chancery|
||44 Southampton Buildings|
||London|
||WC2A 1AP|
## **THE BERNICE COWEN CHARITABLE TRUST**
## **CONTENTS**
||**Pages**|
|---|---|
|Trustees' Report|**1 & 2**|
|Report of the Independent Examiner|**3**|
|Receipts and Payments Account|**4**|
|Statement of Assets and Liabilities|**5**|
|Statement of Accounting Policies|**6**|
## **THE BERNICE COWEN CHARITABLE TRUST**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 30 JUNE 2023**
The Trustees presents their report and accounts for the year ended 30 June 2023.
## **Aims and Organisation**
The Trust, which is a registered charity, was formed to relieve sickness and for the pro health and in particular for study and research in the prevention, treatment and cure o related cancers.
The Trust was established and is governed by its trust deed dated 17 August 2012.
The Trustees manage the affairs of the Trust.
## **Trustees**
The Trustees in office during the year and at the date of this report are as stated in 'Charity Information'. The appointment of Trustees is governed by the Trust deed.
## **Review of Progress and Achievements**
The Trust made charitable donations amounting to £6,884 (2022 Nil) during the year.
## **Review of the Financial Activities and Affairs**
Net receipts for the year amounted to £14,293 (2022 £14,757). At 30 June 2023 the Trust had cash at bank amounting to £38,776 (2022 £24,483).
## **Public Benefits**
The Charities Act 2011 requires all charities to meet the legal requirement that its aim the public benefit. The Charity Commission in its Charities and Public Benefit guidance that there are two key principles to be met in order to show that an organisation's aim public benefit: firstly, there must be an identifiable benefit or benefits and secondly, t benefit must be to the public or a sector in the public. The Trustees consider that they with Section 17 of the Charities Act 2011 and the guidance "public benefit: running a c
## **Donations**
Donations are made at the absolute discretion of the Trustees.
otection of of bowel
ms are for e states s are for the hat the y have complied charity LPB2".
## **THE BERNICE COWEN CHARITABLE TRUST**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 30 JUNE 2023**
## **Trustees' Responsibilities**
The Trustees are required to prepare an account and statement for each financial year present the receipts and payments of the charity for the period and its assets and liab the period end in accordance with the Charities Act 2011 and regulations thereunder. the account and statement, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent; and
- prepare the account and statement on the going concern basis unless it is inappropr
- presume that the activities of the charity will continue.
The Trustees are responsible for keeping proper accounting records that disclose with accuracy at any time the financial position of the charity and enable them to ensure th financial statements comply with the Charities Act 2011, the Charity (Accounts and Re Regulations 2008 as they apply to small charities and the provisions of the trust deed. Trustees are also responsible for safeguarding the assets of the charity and hence for t reasonable steps for the prevention and detection of fraud and other irregularities.
## **Approval**
This report was approved by the trustees on 20th March 2024 and signed on its beha
## M.A. Lerner
## **Trustee**
r which fairly ilities at In preparing
riate to
reasonable hat the ports) The taking
alf.
## **THE BERNICE COWEN CHARITABLE TRUST**
## **REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF THE BERNICE COWEN CHARITABLE TRUST**
I report on the accounts of the Trust for the year ended 30 June 2023, which are set out on pages 4 to 6.
## **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 period 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 Commissioner 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 Commissioner. 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 the seeking of explanations from you as trustee 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 next statement.
## **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 to 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.
## **Michael Lerman FCA**
**Date:**
22nd March 2024
Halkin Lerman Davis Beaumont Chancery 44 Southampton Buildings London WC2A 1AP
## **THE BERNICE COWEN CHARITABLE TRUST**
## **RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 30 JUNE 2023**
|**Unrestricted**
**Year ended**
**30 June 2023**
**£**
**INCOME RECEIPTS**
**Voluntary Sources**
Donations
150
Income from fund raising events
37,750
**Total Receipts**
37,900
**PAYMENTS**
Fund raising events expenses
16,723
Donations
6,884
**Total Payments**
23,607
**Net Receipts for the Year**
14,293
Balance brought forward
24,483
Balance at 30 June 2023
38,776|**Unrestricted**
**Year ended**
**30 June 2022**
**£**
6,524
17,926|
|---|---|
||24,450|
||9,693
-|
||9,693|
||14,757
9,726|
||24,483|
**THE BERNICE COWEN CHARITABLE TRUST**
## **STATEMENT OF ASSETS AND LIABILITIES AS AT 30 JUNE 2023**
||**2023**|**2022**|
|---|---|---|
|Unrestricted|||
||**£**|£|
|**Monetary Assets**|||
|Cash at bank|38,776|24,483|
Approved by M.A. Lerner as Trustee and signed on its behalf.
**Signed:** M.A. Lerner **Date:** 20th March 2024
**THE BERNICE COWEN CHARITABLE TRUST**
**NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2023**
## **Accounting Policies**
## **1 Basis of preparation of accounts**
The receipt and payments account has been drawn up as a summary of the and payments made during the period by the charity. Amounts are include by the charity or as cheques are drawn.
The receipts and payments account and statement of assets and liabilities h prepared following the guidance for accounting for smaller charities issued Charity Commission.
Value added tax is not recoverable by the charity, and as such is included in relevant costs in the Receipts and Payments Account.
**2 Value added tax**
receipts
d as received
iave been
by the
Ithe