2023-03-31-accounts - Aston Clinton Charitable Foundation

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Receipts and Payments Accounts for the Year Ended 31 March 2023

for

Aston Clinton Charitable Foundation Charity Number 1150745

Aston Clinton Charitable Foundation

Contents of the Receipts and Payments Accounts for the Year Ended 31 March 2023

	Page
Trustees Report	1-3
Receipts and Payments Accounts	4
Notes to the Financial Statements	5
Independent Examiner’s Report	6

Trustees’ Annual Report for the period

From 01.04.2022 To 31.03.2023

Charity name: Aston Clinton Charitable Foundation

Charity registration number: 1150745

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The provision of grants for such charitable purposes for the public benefit as are exclusively charitable according to the laws of England and Wales as the Trustees from time to time determine.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Support and promote charitable, voluntary and not-for-profit organisations whose objects benefit the people living in Aston Clinton and the surrounding villages.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees are aware of the guidance and have taken it into account when making any decisions to which the guidance is relevant.

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	Awareness of the foundation has grown locally and has now firmly established itself within the community. This, along with good weather during the festival event this year led to increased revenues compared with prior year. Costs have also increased this year from suppliers, in addition to increased security to maintain the safety of the event. With grants and donations of £21,700 to fifteen separate beneficiaries, the foundation once again fulfilled its pledge to support local charitable, voluntary, and not for profit organisations.

Page 1

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	At the end of the period the charity held reserves of £28,099.41
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The Charity has a policy of retaining approx. 40% of the operating costs of the following years trading activities.
Amount of reserves held	Para 1.22
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	N/A

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Trust Deed dated 25thMay 2012 as amended by Trust Deed dated 1st September 2012
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Trust Deed
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	By a resolution of the Trustees at a Special Trustees Meeting.

Reference and Administrative details

Charity name	Aston Clinton Charitable Foundation
Other name the charity uses	Aston Clinton Beer Festival
Registered charity number	1150745
Charity’s principal address	2 Wenwell Close, Aston Clinton, Aylesbury, HP22 5LF

Page 2

Exemptions from disclosure

Reason for non-disclosure of key personnel details

N/A

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date

Page 3

Aston Clinton Charitable Foundation

Receipts and Payments Account for the

£ £ £ £ 71,157 - 2,675 - 6,050 - 52 - 79,934 - 47,107 - 384 - 21,700 - - - - (69,191) - 10,743 - 17,356 - 28,099 - Year Ended 31 March 2023 Year Ended Year Ended 31st March 2023 31st March 2023 Unrestricted Restricted	£ £ 71,157 2,675 6,050 52 79,934 47,107 384 21,700 - - (69,191) 10,743 17,356 28,099 Year Ended Total funds 31st March 2023	£ £ 44,903 1,000 6,350 - 52,253 37,148 741 13,300 340 300 (51,829) 424 16,932 17,356 Year Ended Restated 31st March 2022 Total funds	£ £ 44,903 1,000 6,350 - 52,253 37,148 741 13,300 340 300 (51,829) 424 16,932 17,356 Year Ended Restated 31st March 2022 Total funds
47,107 384 21,700 - -	47,107 384 21,700 - -	37,148 741 13,300 340 300

			424 16,932
			17,356

Page 4

Aston Clinton Charitable Foundation

Notes to the Financial Statements for the Year Ended 31 March 2023

Grants and Donations Payable – during this financial year the Charity has made grants to local charities or individuals totaling £21,700 (£13,300 - 2022). These include :

Oxford Animal Sanctuary £1,200 Cleft Lip and Palate Association £500 Animal Antiks £2,000 WheelPower £1,500 Aston Clinton Colts £2,000 Oxford Animal Sanctuary £2,000 Carers Bucks £1,500 Smiles £500 Buckinghamshire Mind £1,500 Chiltern MS £1,500 Rennie Grove Hospice £1,500 Jamie King £1,000 Aila’s Aim £1,000 Lindengate £1,000 BC Aston Clinton School £3,000

Taxation – the charity is exempt from corporation tax as all its income is charitable and is applied for .
Trustees’ remuneration and benefits – there were no trustees’ remuneration or benefits paid in the current or prior year. Trustees expenses paid during the current year amounted to £521.96 (£4,460 - 2022).

Page 5

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF ASTON CLINTON CHARITABLE FOUNDATION

I report on the accounts of the Trust for the year ended 31 March 2023, which are set out on pages 1 to 2.

Respective responsibilities of members 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 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

examine the accounts under section 145 of the Charities Act;
to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
to state whether particular matters have come to our 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 Charities Act have not been met; or.
(2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the Accounts to be reached.

Colin Airey FCCA George Hay Partnership LLP Chartered Accountants

Brigham House High Street Biggleswade Bedfordshire

Dated:

Page 6