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2023-06-30-accounts

- ANNUAL REPORT 2022 2023

CHARITY NUMBER IN ENGLAND & WALES 1160073

SUPPORTING CHILDREN DURING A PARENT’S CANCER & BEYOND ACROSS THE UK

JULY 2022-JUNE 2023

1

CONTENTS:

  1. Executive Summary

  2. 1.1 Rationale

  3. 1.2 Structure 1.3 2020-2021 1.4 2021-2026

  4. Organisation Details

  5. 2.1 Charity Name

  6. 2.2 Registered Address

  7. 2.3 Correspondence Address

  8. 2.4 Telephone Number

  9. 2.5 Email

  10. 2.6 Website

  11. 2.7 Legal Status

  12. 2.8 Objects

  13. The Osborne Trust

  14. 3.1 Vision

  15. 3.2 Mission Statement

  16. 3.3 Values

  17. 3.4 What we do

  18. Background & Achievements to date

  19. 4.1 Background

  20. 4.2 Support

  21. 4.3 Partner Organisations

  22. 4.4 Profile

5. Our Goals

6. Benefit/Need

2

6.5 How we work with other providers.

  1. Performance/Monitoring

  2. 7.1 Key performance indicators (KPI’s)

7.2 Measuring KPI’s

8. Promotion/Marketing

8.1 How we promote our work 8.2 Current activity 8.3 Website

  1. The Organisation

  2. 9.1 Board of Trustees

  3. 9.2 Staff

  4. 9.3 Volunteers

  5. 9.4 Premises

  6. 9.5 New equipment & consumables

  7. 9.6 Policies & Procedures

  8. 9.7 Risk

  9. 9.8 Trustees Recruitment/Appointment

10.Fundraising Strategy

10.1 General Funds

10.2 Trading

11.Trustees Report

12.Charity Information

3

1- Executive Summary

The Osborne Trust (the ‘Charity’) is a registered charity in England and Wales (1160073). Founded in July 2014 from Rhuddlan in North Wales and operates throughout the UK & Northern Ireland, with majority of its work taking place in England and Wales. The Osborne Trust now has its headquarters in Rhyl in North Wales.

1.1 Rationale

The charity was set up in response to a lack of support for children during a parent’s cancer. The founder has personal experience of being diagnosed with cancer with 2 young children. Her encounter of finding no support for her own children generated her desire to provide other children whose Mum/Dad have cancer with the support she found lacking for her 2.

The Osborne Trust mission statement has now changed since our inception and now encompasses support for children who have seen a parent die from cancer.

Supporting children during a parent’s cancer & beyond

And priority goes to supporting families where: -

The Osborne Trust vision is:

Every child who sees a parent go through cancer can access emotional and practical support from the Trust.

1.2 Structure

The Osborne Trust currently has one full time staff member and a strong board of trustees/management committee drawn from various sectors with a wide range of skills and expertise, in addition to a personal experience of cancer. The current staff team consists of a CEO/Charity Manager.

All trustees provide their time in a voluntary capacity.

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1.3 July 2022-June 2023

The Osborne Trust is now in its 8[h] year and is still the only charity focusing solely on supporting children during a parent’s cancer across the whole of the UK & NI. Our core support programme of funding local respite activities and packages we provide are funded entirely by donations, fundraising and some grant funding. All our support services are provided free of charge to families.

The funds raised by The Osborne Trust is generated by charity led fundraising activities, sales of branded merchandise, as well as our Ozzy & friends teddies and accessories. Alongside this, fundraising and donations from individuals, community groups and businesses as well as sourcing grants and funding wherever possible.

Funds have been used effectively to support our core areas of support. These are reducing isolation for children through a local respite activity, providing comfort through our Ozzy the Elephant teddy and equipping children and young people with mindfulness tools such as journals, books, flashcards and colouring to assist their emotional well-being.

Our profile about what we do and who we support has increased significantly amongst both the medical/cancer sector and the public. This is evident in the number of children we have supported this year, 710 children this year from 444 the previous year, an increase of 59%.

We have seen an increase in referrals from new areas/counties. We find once a Macmillan Information Officer, Breast Care Nurse, Cancer Support worker and other staff at cancer centers and hospitals find out about us, referrals increase dramatically for a county/area. We have strengthened our close working relationships with others in the areas where we see a high rate of referrals coming in, such as the radiotherapy department at North Wales Cancer Centre. There are some areas that need revisiting in our next year. Referrals have decreased in Merseyside and the contact we have there has left her role, we are working to find it who her replacement is. We will be focusing on getting out information back out to Scotland as referrals there has decreased dramatically this year compared to previous years.

The families we have supported are also important ambassadors for us to help promote to the work we do.

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1.4 2021-2026

As The Osborne Trust moves into its 9[th] year and beyond, much of our work will be around increasing the number of children and young people we support and tailoring this support to their needs from their feedback. Our work continues to be led by the children and young people we support. Our strategic aims over the next 5 years are as follows:

Specific goals for the next 5 years are set out in section 5

Emma Osborne Founder/CEO/Charity Coordinator

2- Organisational Details

2.1 Charity Name

The Osborne Trust

2.2 Registered Address

Po Box 349, Rhyl, Denbighshire, LL18 9HX, Wales

2.3 Correspondence Address

Po Box 349, Rhyl, Denbighshire, LL18 9HX, Wales

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2.4 Telephone Number

07712 089273

2.5 Email

the-osborne-trust@outlook.com

2.6 Website

www.theosbornetrust.com

2.7 Legal Status

Registered Charity in England and Wales No: 1160073 HMRC Charities Ref: EW29751

Member of the Fundraising Regulator

2.8 Objects

The Trusts objects, as listed on the Charity Commission are specifically related to the following:

The relief of sickness and need, and the preservation of health for children affected by their parent’s cancer:

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3- The Osborne Trust

3.1 Vision

To support every child & young person living with a parent undergoing cancer treatment & beyond.

3.2 Mission Statement

Supporting children during a parent’s cancer treatment & beyond.

To achieve this as a charity we aim to reduce children and young people’s isolation, provide mindfulness tools to feel better able to cope and provide emotional support through our core support programmes and packages.

3.3 Values

The work of The Osborne Trust reflects the key principles and values of the Charity, upheld by its Board of Trustee- confidentiality, transparency, equal opportunities for all and the unique circumstances of each person/family supported.

3.4 What we do

Charitable activities are provided through 5 main priorities:

  1. Offering each child referred into our service a support pack made up of items they identify they need such as our Ozzy teddy for comfort, journaling for mindfulness, flashcards for younger children and colouring.

  2. Funding local respite activities to reduce children’s feelings of isolation. Unexpected costs arise after a cancer diagnosis, there is a massive financial impact for most families. We will fund for children and young people to get some ‘time away’ from seeing Mum/Dad at their worst through treatment and go off to ‘enjoy’ a trip to a farm park, watch a movie, go bowling, jump around at a trampoline park or even some food at the local pizza place.

  3. Bringing families together on our Together Time activities to reduce children’s isolation. They may be the only child at school whose parent has cancer, but by bringing families together, we are showing them they are not the only ones.

  4. Supporting children’s emotional well-being as they see their parent go through cancer, through mindfulness tools & respite activities.

  5. Providing a one stop shop for advice and information about a cancer diagnosis for a parent with children on how best to support their child/ren, including

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links to localised services and signposting to other organisations who can offer help.

4- Background and Achievements to Date

4.1- Background

The Osborne Trust was founded after our founder/CEO was diagnosed with cancer age 36 years with children aged 7 & 4 and finding no support on offer for them.

Emma was diagnosed in 2013 and spent 10 months going through cancer treatment, operation, chemotherapy, and radiotherapy, with many hospitals stays due to infections and complications. Throughout this time Emma’s thoughts were always on how best to support her children. She asked at every appointment was there anything locally or nationally that could support the kids and was met with a brick wall, she found lots of services for herself but nothing specifically focusing on supporting her children through this time.

The family got through it by planning activities around Emma’s treatment. Dad would take the kids off to the cinema, a play centre, a farm park so Emma could have some time to rest, and the kids got out of the house from seeing Emma so poorly form her grueling treatment.

At the same time as Emma’s treatment, an old family friend was diagnosed with cancer with 3 teenage children and was self-employed with very little income coming in. This got Emma thinking about the financial implications a cancer diagnosis has for a family and how getting a day out or going to the cinema could be a luxury that stopped when a parent had cancer due to money worries. From there the first ideas for the Trust was born.

Emma finished her treatment in the February of 2014 and once through this she got to work on looking into setting up a charity to support children during a parent’s cancer. She asked her own children what they would have found beneficial, one idea was a teddy to cuddle and provide comfort for when Emma was in hospital and Ozzy the Elephant was born.

4.2: The Osborne’s Trusts Volunteers and Supporters

The Trust has established a dedicated team of volunteers through our Trustees, Fundraising/Events volunteers, professional advisors, and ambassadors, without whom our charitable activities could not be carried out. These individuals give up their free time to help us continue our work here at the charity.

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4.3- Partner Organisations

Strong working relationships have been developed with both hospitals, cancer centres and cancer related charities across the UK namely:

We have received many referrals from the above organisations. Macmillan teams across the UK & NI remain our biggest referrer.

4.4 Profile

Growth in our profile and charity awareness has been positive thanks to our social media pages and engagement on these. We have received a major boost to our profile over the past year thanks to working with the partnership organisations listed above and being a local Housing Association charity of the year from April ‘22, Clwyd Alyn.

We help any parent we have supported to raise awareness about the Trust and our work in supporting children. By sharing their story across social media channels and the general media they spread the news of who we are and what we do.

5- Our Goals

5.1- 2014-2021

Such has been the growth of the Trust since we first started, we have needed to reflect upon what has been achieved so we can plan accordingly. It is evident that our core support of the local respite activities and our support packs are working well and require little development bar any new products that come on the market which may be beneficial. We have introduced a Worry Bear for children’s pockets to fill the gap between anxious thoughts whilst away from the parent undergoing treatment,

10

Our together time, where we bring families together so children and young people can see they aren’t the only ones needs more development as the covid situation has lessened and we can now bring families together again.

Our peer-to-peer support work started in the tail of 2022 and beginning of 2023. Over 30 teens accessed our outdoor activity programme, which included skiing, watersports day, tree top trekking, river assault course, surfing lesson and inflatable fun. This was made possible thanks to funding from the Burbo Bank Extension Community Fund and National Lottery Community Fund in both England and Wales.

Promotion of what we do needs to increase to enable us to reach many more families than we do presently. We have looked at our map of areas to identify where we have failed to reach over this past year and will do a mail shot to these cancer centres and hospitals, as well as ask our networks via social media if they can deliver leaflets to the hospitals for us.

5.2- Next 12 months

5.3- 5-year forecast

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6- Benefit/Need

6.1- What is the benefit/need to the public

Reducing isolation and supporting the emotional wellbeing of the children of a parent with cancer

6.2- Who will benefit

The Trust focuses on supporting children and young where: -

6.3- How will they benefit

The Trust seeks to reduce children and young people’s isolation and support their

emotional and mental wellbeing when Mum or Dad is going through cancer by: -

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6.4 What similar services/organisations are currently available?

We haven’t been able to find any other cancer charity that works across the UK and Northern Ireland that the onus is on the kids (and not the cancer patient) and whose sole focus is on supporting children and young people during a parent’s cancer.

Cancer is being diagnosed more in the under 50’s age groups, where a high number will be parents, whilst lots of other organisations have a leaflet or a section on their website for these patients, other charities are not able to address or provide specific help or solutions like us, which are: -

Some organisations and charities offer children and young people’s open days, but we found this to be a few times a year with the focus still being on the cancer patient as opposed to their children.

6.5- How we work with other providers

Referral systems are in place for other organisations to refer cancer patients who are parents to anyone under 18 to us, which in turn will help those charities to provide next step support via the services we offer.

Please refer to section 4.3 on who we are already working with.

7- Performance Monitoring

7.1- Key Performance Indicators (KPI’s)

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7.2- Measurement of KPI’s

7.3- Reporting of KPI’s

8- Promotion/Marketing

8.1- How and where we promote our work

See Communications Plan

8.2- Current activity

A lot of our promotion and advertising is done across our social media channels

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(Facebook, Instagram & Twitter) Facebook has been our most successful, with over 4,000 followers and generated a lot of revenue through their fundraising avenues on the page. Twitter has been beneficial in creating links with NHS Trusts, practitioners, and other cancer services. Doing more on Linked in will be a focus going forward, it’s not something we have maximized at present. Additionally for 23/24 we need to look at having a presence on Tik Tok.

8.3 Website

Over the past year we have carried out a complete overhaul of our website so it’s easy for the patient to access support for their kids and for the health practitioners to refer the families they are supporting over. Our new website was launched in June 2022. Additionally, we want to maximize what we have been up to and what we have and are doing in terms of support and fundraising through the site.

9- The Organisation

9.1- Board of Trustees

The following trustees were active during the year ending June 30[th] 2023

Name Position Appointed Resigned
**Clare Griffiths ** Chair Trustee 7th Dec 20
14		 N/A
**Anwen Maher ** Trustee 21st Nov 2
019		 N/A
**Helen Daniels ** Trustee 14th May
021		 N/A
**Nicky Grayston ** Trustee 20th Feb 2
018		 N/A
Jayne Rea Trustee 1st July 20
21		 N/A
**Sioned Davies ** Trustee 21st Nov 2
019		 N/A
**Angela Evans ** Treasurer/Trustee 20th Feb 2
018		 N/A
Kelly Angus Trustee 1st Oct 202
1		 N/A

9.2- Staff

Emma Osborne Founder/CEO/Charity Coordinator

9.3- Volunteers

Due to the nature of The Trust, how we work and the fact we operate all over the UK virtually/remotely, our volunteer offer differs to other organisations.

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Volunteering can often be through our fundraising events within the community as well as admin support and visiting hospitals all over the UK with our posters and leaflets.

9.4- Premises

The Trust currently has no accommodation assets.

9.5- New equipment and consumables

New equipment and consumables to enable the Trust to carry out its work will be purchased as necessary but will always seek to attain value for money.

Consumables to enable the Trust to carry out its work will be purchased as necessary but will always seek to attain value for money.

9.6- Policies and Procedures

The Trust has active polices covering the following: -

9.7- Risk

Please see Risk Management Policy

9.8- Trustees Recruitment/Appointment

Where vacancies arise on the board of trustees, a public advert will be made outlining the role, time and skills required and the nature of what being a trustee means in full, in line with guidance by the Charities Commission.

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Officers’ roles of the board are elected at the AGM.

10Fundraising Strategy

10.1 General Funds

The Trust will seek to increase fundraising levels on 2022-2023 and will seek to develop fundraising strategy to provide greater structure and long-term security. Grants and funding will be applied for as in previous years.

10.2 Trading

The Trust trades on pre purchased, branded goods namely hoodies, pens, wristbands, mugs, coasters, tote bags and cards. Additionally, Ozzy the Elephant teddies (sent for free to children we support) which can be purchased alongside other animal teddies to plough back monies into the trust. These items are traded via our website www.theosbornetrust.com, eBay and on social media pages. Some branded merchandise is given to fundraising events and fundraisers for free to help raise awareness and funds for The Osborne Trust.

11Trustees Report

Registered number: 1160073

Trustees' responsibilities in relation to the financial statements

The trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

The Charity Commission requires the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102 and applicable law). The trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the situation of the charity and of the incoming resources and application of resources, including the income and expenditure, of the Charity for that period. In preparing these financial statements, the trustees are required to:

17

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charities transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charity Commissions requirements. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Disclosure of information to independent examiners

Each person who was a Trustee at the time this report was approved confirms that:

This report was approved by the board on 1/8/2022 and signed on its behalf. Clare

Griffiths Chair of Board of Trustees

12Charity Information

Trustees

Name Position Appointed Resigned
**Clare Griffiths ** Chair Trustee 7th Dec 20
14		 N/A
**Anwen Maher ** Trustee 21st Nov 2
019		 N/A
**Helen Daniels ** Trustee 14th May
021		 N/A
**Nicky Grayston ** Trustee 20th Feb 2
018		 N/A
Jayne Rea Trustee 1st July 20
21		 N/A

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**Sioned Davies ** Trustee 21st Nov 2
019		 N/A
**Angela Evans ** Treasurer/Trustee 20th Feb 2
018		 N/A
Kelly Angus Trustee 1st Oct 202
1		 N/A

Independent Examiner

Michelle Ellis

TJC Accounting

Maes Y Gog Rhyl Denbighshire LL18 4QA

Registered Offices

PO Box 349 Rhyl Denbighshire LL18 9HX

Registered Charity Number

1160073

13Independents Examiners Report

Please see Unaudited Accounts Report

14Financial Statement

Please see Unaudited Accounts Report

Balance Sheet

Please see Unaudited Accounts Report

19

Approved Clare Griffiths

Signature C L GRIFFITHS

Date 30/09/2023

20

THE OSBORNE TRUST Charity Number: 1160073 UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2023

THE OSBORNE TRUST Charity Number: 1160073

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity Number:

1160073

Correspondence Address:

PO Box 349 Rhyl Denbighshire LL18 4FP

Trustees/Committee

C Griffiths (Chairperson) H Daniels N Grayson A Maher S Davies A Evans J Rea K Angus

Independent Examiner

M Ellis TJC Bookkeeping Solutions 3 Maes Y Gog Rhyl Denbighshire LL18 4QA

2

THE OSBORNE TRUST Charity Number: 1160073

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2023

A1: INCOMING RESOURCES
Fundraising
Donations
Sales
Restricted Grants Received
Unrestricted Grants Received
A2: ASSET AND INVESTMENT SALES
Total incoming resources
A3: RESOURCES EXPENDED
Fundraising Costs
Supplies (Ozzy)/Supporting Costs
Marketing
Website
Journals/Books
Family Activities
Lockdown Activities
Together Time
Trust Goes Outdoors
Subscription
Office Costs
Insurance
Accountancy
Postage
Staff Costs
Training
Trustee Expenses
Cost of sales
Legal and Professional
Bank Charges
Total Resources Expended
A4: ASSET AND INVESTMENT PURCHASES		 Restricted
Funds
£
27,324
27,324
3,177
732
989
353
764
826
16,400
23,241		 Unrestricted
Funds
£
26,835
47,463
1,669
0
75,967
3,995
546
2,181
2,674
4,075
12,609
879
774
102
209
1,923
419
1,936
2,829
27,117
75
1,548
93
63,984		 Total Funds
2023
£
26,835
47,463
1,669
27,324
0
103,291
3,995
3,723
2,181
2,674
4,807
13,598
879
1,127
102
209
1,923
419
1,936
3,655
43,517
75
1,548
93
87,225		 Total
Funds
2022
£
35,868
18,670
2,058
15,686
0
72,282
5,133
2,952
2,720
3,638
4,179
8,681
1,037
1,436
3,559
579
1,398
364
895
4,490
40,338
90
21
3,149
182
74
84,915
0
0		 0
0

3

THE OSBORNE TRUST Charity Number: 1160073

----- Start of picture text -----
OPERATING PROFIT / (LOSS) 4,083 11,983 16,066 (12,633)
Transfers between funds
Balances Brought forward 1 July 2022 8,838 88,922 97,760 110,393
Balances Brought forward 30 June 2023 12,921 100,905 113,826 97,760
Restricted Unrestricted Total Funds Total Funds
Funds Funds 2022 2023
£ £ £ £
B1: CASH FUNDS
Current Account 12,921 100,905 113,826 97,760
B2: OTHER MONETARY ASSETS 0 0 0
B3: INVESTMENT ASSETS 0 0 0
Total Current Assets 12,921 100,905 113,826 97,760
Funds to
B4: ASSETS RETAINED FOR THE which asset Current
CHARITIES OWN USE belongs Cost Value
Photo Printer Office Equipment 120 31
Ipad Pro Office Equipment 797 262
IMac Office Equipment 1,120 458
Furniture &
Office furniture fixtures 143 69
IPAD Office Equipment 619 495
2,799 1,315
B5: LIABILITIES 0 0 0 0
0 0 0 0
Signed by one (or two) trustees on behalf of all the trustees.
Signature: Signature:
Print Name Print Name:
Date of approval: Date of approval:
----- End of picture text -----

4

THE OSBORNE TRUST Charity Number: 1160073

INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 30 JUNE 2023

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE OSBORNE TRUST.

I report on the financial statements of the charity for the year ended 30 June 2023 which are set out on pages 3 to 4.

RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND EXAMINER

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

BASIS OF THE INDEPENDENT EXAMINER’S REPORT

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 financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements 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 financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

INDEPENDENT EXAMINER’S STATEMENT

I have completed my examination and I confirm that no material matters have come to my attention

  1. which gives me reasonable cause to believe that in, any material respect, the requirements:

  2. to keep accounting records in accordance with section 130 of the Charities Act; and

  3. 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.

……………………………………………………………………..

Michelle Ellis 3 Maes Y Gog Rhyl Denbighshire LL18 4QA Date: 1[st] November 2023

5

THE OSBORNE TRUST Charity Number: 1160073 UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2023

THE OSBORNE TRUST Charity Number: 1160073

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity Number:

1160073

Correspondence Address:

PO Box 349 Rhyl Denbighshire LL18 4FP

Trustees/Committee

C Griffiths (Chairperson) H Daniels N Grayson A Maher S Davies A Evans J Rea K Angus

Independent Examiner

M Ellis TJC Bookkeeping Solutions 3 Maes Y Gog Rhyl Denbighshire LL18 4QA

2

THE OSBORNE TRUST Charity Number: 1160073

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2023

A1: INCOMING RESOURCES
Fundraising
Donations
Sales
Restricted Grants Received
Unrestricted Grants Received
A2: ASSET AND INVESTMENT SALES
Total incoming resources
A3: RESOURCES EXPENDED
Fundraising Costs
Supplies (Ozzy)/Supporting Costs
Marketing
Website
Journals/Books
Family Activities
Lockdown Activities
Together Time
Trust Goes Outdoors
Subscription
Office Costs
Insurance
Accountancy
Postage
Staff Costs
Training
Trustee Expenses
Cost of sales
Legal and Professional
Bank Charges
Total Resources Expended
A4: ASSET AND INVESTMENT PURCHASES		 Restricted
Funds
£
27,324
27,324
3,177
732
989
353
764
826
16,400
23,241		 Unrestricted
Funds
£
26,835
47,463
1,669
0
75,967
3,995
546
2,181
2,674
4,075
12,609
879
774
102
209
1,923
419
1,936
2,829
27,117
75
1,548
93
63,984		 Total Funds
2023
£
26,835
47,463
1,669
27,324
0
103,291
3,995
3,723
2,181
2,674
4,807
13,598
879
1,127
102
209
1,923
419
1,936
3,655
43,517
75
1,548
93
87,225		 Total
Funds
2022
£
35,868
18,670
2,058
15,686
0
72,282
5,133
2,952
2,720
3,638
4,179
8,681
1,037
1,436
3,559
579
1,398
364
895
4,490
40,338
90
21
3,149
182
74
84,915
0
0		 0
0

3

THE OSBORNE TRUST Charity Number: 1160073

----- Start of picture text -----
OPERATING PROFIT / (LOSS) 4,083 11,983 16,066 (12,633)
Transfers between funds
Balances Brought forward 1 July 2022 8,838 88,922 97,760 110,393
Balances Brought forward 30 June 2023 12,921 100,905 113,826 97,760
Restricted Unrestricted Total Funds Total Funds
Funds Funds 2022 2023
£ £ £ £
B1: CASH FUNDS
Current Account 12,921 100,905 113,826 97,760
B2: OTHER MONETARY ASSETS 0 0 0
B3: INVESTMENT ASSETS 0 0 0
Total Current Assets 12,921 100,905 113,826 97,760
Funds to
B4: ASSETS RETAINED FOR THE which asset Current
CHARITIES OWN USE belongs Cost Value
Photo Printer Office Equipment 120 31
Ipad Pro Office Equipment 797 262
IMac Office Equipment 1,120 458
Furniture &
Office furniture fixtures 143 69
IPAD Office Equipment 619 495
2,799 1,315
B5: LIABILITIES 0 0 0 0
0 0 0 0
Signed by one (or two) trustees on behalf of all the trustees.
Signature: Signature:
Print Name Print Name:
Date of approval: Date of approval:
----- End of picture text -----

4

THE OSBORNE TRUST Charity Number: 1160073

INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 30 JUNE 2023

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE OSBORNE TRUST.

I report on the financial statements of the charity for the year ended 30 June 2023 which are set out on pages 3 to 4.

RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND EXAMINER

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

BASIS OF THE INDEPENDENT EXAMINER’S REPORT

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 financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements 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 financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

INDEPENDENT EXAMINER’S STATEMENT

I have completed my examination and I confirm that no material matters have come to my attention

  1. which gives me reasonable cause to believe that in, any material respect, the requirements:

  2. to keep accounting records in accordance with section 130 of the Charities Act; and

  3. 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.

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Michelle Ellis 3 Maes Y Gog Rhyl Denbighshire LL18 4QA Date: 1[st] November 2023

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