The Fun Walk Trust Charity Number 1151626 Trustees' Annual Report Year Ended 31st December 2023 

## **The Fun Walk Trust** 

1151626 C/O BBW CVS The George Hurd Centre Audley Way Basildon SS14 2FL 

## **Trustees** 

Mr John Baron MP Mrs Sylvia Kent Mrs Christine Brewster Ms Sandra Bastow 

All new Trustees will be provided with a copy of the Governing Document (Constitution) and the most recent Trustees’ Annual Report & Financial Statements. 

## **Structure and Governance** 

Governing Document Constitution Charity Constituted Charitable Incorporated Organisation Trustee Selection Appointment by election by the current trustees. 

## **Summary of Objects Set Out in Constitution** 

The objects of the Charitable Incorporated Organisation (CIO) are to advance such exclusively charitable purposes as the Charity trustees from time to time determine for the public benefit. 

## **Main Activities** 

The Fun Walk Trust (the Charity) organises an annual sponsored walk (‘the Fun Walk’), previously held at Barleylands Farm in Billericay, Essex, but more recently held as a virtual event with participants able to complete their sponsored walk anytime during the month nominated by the Charity. 

The Charity collects donations from local businesses and individuals and distributes those donations amongst the charities, and other local community groups participating in the Fun Walk. This Bonus Pot money is distributed on a pro-rata basis, over and above the money the organisations raise themselves through their supporters participating in the walk. 

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The Fun Walk Trust Charity Number 1151626 Trustees' Annual Report Year Ended 31st December 2023 

## **Achievements During the Last Period** 

This year’s Fun Walk was held through September, and remained a virtual walk where organisations and teams could register and complete their sponsored walk anywhere and anytime during the month in support of a Charity, Community Interest Company, or other local community group or good cause. 

The majority of long-term sponsors were able to donate to the Fun Walk Trust in 2023 and we were pleased to welcome one new sponsor. We remain extremely grateful for the support of our sponsors, especially in view of the difficult financial situation experienced by so many, and their contribution to the Fun Walk Bonus Pot provides a strong incentive for organisations to register and for supporters to get out and do a walk for their chosen charity or good cause. 

These donations allowed us to pay a bonus amount of 40% over and above the money raised by participating organisations themselves, and matched the bonus percentage we were able to pay in 2022. 

Just over £90K was raised in 2023, £60,787.46 by Fun Walkers and £29,663 from Sponsors. A Bonus Pot of £24,329 was distributed the 52 participating organisations, plus an additional £640 in donations was made to 5 other good causes during the year. 

In 2023, the Trustees made the decision to organise our own celebration evening in Billericay, and this required the active assistance of all of the Trustees and a number of local organisations.  Our thanks go to the fundraising organisations that participated, and all those that assisted in making the evening such a success. This provided some great publicity to share with future participants and donors. 

At the celebration evening we were delighted to share that the funds raised in 2023, had brought the total raised since the event began in 2002 to just over £1.5 Million.  The Fun Walk Trust has been able to use this money to serve the local community and beyond, benefiting registered charities, local schools, community interest companies, churches and supporting groups, sports clubs, resident associations and other community groups. 

## **Financial Information** 

The charity holds surpluses of income from time to time in reserve until such time as the trustees give approval to expenditure plans in furtherance of the objectives 

There are no material deficits in any of the charity's funds or accounts. 

## **Declaration** 

Signed on behalf of the Charity's Trustees 


............................................................................................. 01-04-2024 Sandra Bastow – Trustee 

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## **The Fun Walk Trust Charity Number 1151626 Income And Expenditure Account For The Year Ended 31st December 2023** 

|**Note**<br>**_Income_**<br>**_Donations And Sponsorship_**<br>Donations Received<br>**_Total Monies Raised (Before Costs)_**<br>**_Expenditure_**<br>**_Costs_**<br>Management Fees<br>Event Costs<br>Postage, Stationery and Advertising<br>Travel Expenses<br>Insurance<br>Website Costs<br>Bank Charges<br>Depreciation<br>Accountancy<br>**_Total Monies Raised (After Costs)_**<br>**_Donations_**<br>Bonus Monies<br>**1**<br>Other Donations<br>**_Surplus Of Income Over Expenditure_**|29,350<br>29,350<br>1,800<br>570<br>210<br>58<br>146<br>30<br>0<br>40<br>508<br>3,362<br>25,988<br>24,599<br>24,599<br>640<br>25,239<br>749<br>**2023**|30,025<br>30,025<br>1,800<br>0<br>401<br>46<br>0<br>44<br>49<br>54<br>432<br>2,826<br>27,199<br>25,193<br>25,193<br>600<br>25,793<br>1,406<br>**2022**|
|---|---|---|



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## **The Fun Walk Trust Charity Number 1151626 Balance Sheet As At 31st December 2023** 

||**Note**|**2023**|**2023**|**2022**||
|---|---|---|---|---|---|
|**Fixed Assets**||||||
|Equipment|||122||162|
|**Current Assets**||||||
|Cash At Bank||9,357||8,280||
|**Current Liabilities**||||||
|Accruals||470||432||
||||8,887||7,848|
||||9,009||8,010|
|**General Reserve**||||||
|As At 1st January 2023||7,910||6,504||
|Surplus Of Income Over Expenditure||749||1,406||
|As At 31st December 2023|||8,659||7,910|
|**Special Reserve**|**2**|||||
|As At 1st January 2023||100||350||
|Transferred To Income And Expenditure Account||-100||-350||
|Donations Received||350||100||
|As At 31st December 2023|||350||100|
||||9,009||8,010|
||||0.00|||
|I approve these financial statements on behalf of the Charity's Trustees||||||
|..............................................................................|||30th January 2024|||
|Mr John Baron||||||
|Trustee||||||



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## **The Fun Walk Trust Charity Number 1151626 Notes To Financial Statements For The Year Ended 31st December 2023** 

## **1 Bonus Monies** 

The fun walking organisations received a bonus, funded from Donations Received, of approximately 40 pence for every pound raised and collected as a result of the Fun Walk 2023. 

## **2 Special Reserve** 

This reserve is made up of Donations Received in advance of the Fun Walk to take place in the following year. 

## **3 Restricted and Unrestricted Funds** 

All the funds of the charity are designated as unrestricted. 

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## _**The Fun Walk Trust Charity Number 1151626 Independent Examiner's Report For The Year Ended 31st December 2023**_ 

## _**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 year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. 

It is my responsibility to: 

i) examine the accounts under section 145 of the Charities Act, 

ii) 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 

iii) to state whether particular matters have come to my attention. 

## _**Basis of independent examiner's statement**_ 

My examination was carried out in accordance with 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 dislosures in the accounts, and seeking explanations from the 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: 

- i) to keep accounting records in accordance with section 130 of the Charities Act; 

- ii) 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 my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

30th January 2024 

………………………………………………………………………. 

John Wood FCCA ICPA 

Hunt, Smee & Co. Chartered Certified Accountants Suite 30 Cornwallis House Howard Chase Basildon Essex