REGISTERED COMPANY NUMBER: CE005129 (England and Wales) REGISTERED CHARITY NUMBER: 1162827
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 5 April 2021
for
TYLERS TRUST
Adams Beeny Limited Chartered Certified Accountants 4 Sudley Road Bognor Regis West Sussex PO21 1EU
TYLERS TRUST
Contents of the Financial Statements for the Year Ended 5 April 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Statement of Financial Position | 5 | to | 6 |
| Notes to the Financial Statements | 7 | to | 10 |
| Detailed Statement of Financial Activities | 11 |
TYLERS TRUST
Report of the Trustees
for the Year Ended 5 April 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 5 April 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES Objectives and aims
The charitable company was incorporated on 24th July 2015.
Its objects are the advancement of health and relief of suffering in young people with life threatening conditions a gift box of presents.
To provide each sibling with a bag of presents, supply local children`s wards with emergency overnight parental bags.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
CE005129 (England and Wales)
Registered Charity number
1162827
Registered office
74 Orchard Way Barnham Bognor Regis West Sussex PO22 0HY
Trustees
Mrs J Ellis Mrs M Dodd Mrs S Toms Mrs W Hudson Mrs S Hollingdale Mrs J Love Mrs L Farr Mrs C Hornby C Ellis Mrs. I G Gibbs B Murphy
Company Secretary
Mrs S Toms
Independent Examiner
Adams Beeny Limited Chartered Certified Accountants 4 Sudley Road Bognor Regis West Sussex PO21 1EU
Page 1
TYLERS TRUST
Report of the Trustees for the Year Ended 5 April 2021
Approved by order of the board of trustees on 7 October 2021 and signed on its behalf by:
Mrs J Ellis - Trustee
Page 2
Independent Examiner's Report to the Trustees of Tylers Trust
Independent examiner's report to the trustees of Tylers Trust ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 5 April 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Adams Beeny Ltd Adams Beeny Limited Chartered Certified Accountants 4 Sudley Road Bognor Regis West Sussex PO21 1EU
7 October 2021
Page 3
TYLERS TRUST
Statement of Financial Activities
for the Year Ended 5 April 2021
| 5.4.21 | 5.4.20 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 39,949 | 20,889 | |
| EXPENDITURE ON | |||
| Other | 35,471 | 40,579 | |
| NET INCOME/(EXPENDITURE) | 4,478 | (19,690) | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 38,697 | 58,387 | |
| TOTAL FUNDS CARRIED FORWARD | 43,175 | 38,697 |
The notes form part of these financial statements
Page 4
TYLERS TRUST
Statement of Financial Position
5 April 2021
| 5.4.21 Unrestricted fund Notes £ CURRENT ASSETS Debtors 5 1,440 Cash at bank and in hand 43,865 45,305 CREDITORS Amounts falling due within one year 6 (2,130) NET CURRENT ASSETS 43,175 TOTAL ASSETS LESS CURRENT LIABILITIES 43,175 NET ASSETS 43,175 FUNDS 7 Unrestricted funds 43,175 TOTAL FUNDS 43,175 |
5.4.20 Total funds £ 1,440 39,207 40,647 (1,950) 38,697 38,697 38,697 38,697 38,697 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 5
continued...
TYLERS TRUST
Statement of Financial Position - continued
5 April 2021
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 7 October 2021 and were signed on its behalf by:
J Ellis - Trustee
M Dodd - Trustee
The notes form part of these financial statements
Page 6
TYLERS TRUST
Notes to the Financial Statements for the Year Ended 5 April 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
2. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 5.4.21 | 5.4.20 | |
|---|---|---|
| £ | £ | |
| Other operating leases | 5,836 | 5,529 |
continued...
Page 7
TYLERS TRUST
Notes to the Financial Statements - continued for the Year Ended 5 April 2021
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 5 April 2021 nor for the year ended 5 April 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 5 April 2021 nor for the year ended 5 April 2020.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | ||||
|---|---|---|---|---|
| fund | ||||
| £ | ||||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | 20,889 | |||
| EXPENDITURE ON | ||||
| Other | 40,579 | |||
| NET INCOME/(EXPENDITURE) | (19,690) | |||
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 58,387 | |||
| TOTAL FUNDS CARRIED FORWARD | 38,697 | |||
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 5.4.21 | 5.4.20 | |||
| £ | £ | |||
| Prepayments and accrued income | 1,440 | 1,440 | ||
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 5.4.21 | 5.4.20 | |||
| £ | £ | |||
| Other creditors | 2,130 | 1,950 | ||
| 7. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 6.4.20 | in funds | 5.4.21 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 38,697 | 4,478 | 43,175 | |
| TOTAL FUNDS | 38,697 | 4,478 | 43,175 |
continued...
Page 8
TYLERS TRUST
Notes to the Financial Statements - continued for the Year Ended 5 April 2021
7. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 39,949 | (35,471) | 4,478 |
| TOTAL FUNDS | 39,949 | (35,471) | 4,478 |
Comparatives for movement in funds
| Net movement At 6.4.19 in funds £ £ Unrestricted funds General fund 58,387 (19,690) TOTAL FUNDS 58,387 (19,690) |
At 5.4.20 £ 38,697 |
|---|---|
| 38,697 |
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 20,889 | (40,579) | (19,690) |
| TOTAL FUNDS | 20,889 | (40,579) | (19,690) |
A current year 12 months and prior year 12 months combined position is as follows:
| Net movement At 6.4.19 in funds £ £ Unrestricted funds General fund 58,387 (15,212) TOTAL FUNDS 58,387 (15,212) |
At 5.4.21 £ 43,175 |
|---|---|
| 43,175 |
continued...
Page 9
TYLERS TRUST
Notes to the Financial Statements - continued
for the Year Ended 5 April 2021
7. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 60,838 | (76,050) | (15,212) |
| TOTAL FUNDS | 60,838 | (76,050) | (15,212) |
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 5 April 2021.
Page 10
TYLERS TRUST
| INCOME AND ENDOWMENTS Donations and legacies Grants and donations Total incoming resources EXPENDITURE Other Other operating leases Administration Event expenses Funday Funding applications Gift boxes Petrol Name the teddy Promotional Insurance Telephone Reimbursed expenses Sundry Postage and stationery Accountancy Total resources expended Net income/(expenditure) |
Detailed Statement of Financial Activities for the Year Ended 5 April 2021 5.4.21 5.4.20 £ £ 39,949 20,889 39,949 20,889 5,836 5,529 - 11 - 2,579 - 2,624 3,780 5,700 15,397 11,575 368 79 - 9 - 1,504 319 319 312 178 6,811 7,510 1,057 1,186 91 576 1,500 1,200 35,471 40,579 35,471 40,579 4,478 (19,690) |
|---|---|
This page does not form part of the statutory financial statements
Page 11
REGISTERED COMPANY NUMBER: CE005129 (England and Wales) REGISTERED CHARITY NUMBER: 1162827
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 5 April 2021
for
TYLERS TRUST
Adams Beeny Limited Chartered Certified Accountants 4 Sudley Road Bognor Regis West Sussex PO21 1EU
TYLERS TRUST
Contents of the Financial Statements for the Year Ended 5 April 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Statement of Financial Position | 5 | to | 6 |
| Notes to the Financial Statements | 7 | to | 10 |
| Detailed Statement of Financial Activities | 11 |
TYLERS TRUST
Report of the Trustees
for the Year Ended 5 April 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 5 April 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES Objectives and aims
The charitable company was incorporated on 24th July 2015.
Its objects are the advancement of health and relief of suffering in young people with life threatening conditions a gift box of presents.
To provide each sibling with a bag of presents, supply local children`s wards with emergency overnight parental bags.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
CE005129 (England and Wales)
Registered Charity number
1162827
Registered office
74 Orchard Way Barnham Bognor Regis West Sussex PO22 0HY
Trustees
Mrs J Ellis Mrs M Dodd Mrs S Toms Mrs W Hudson Mrs S Hollingdale Mrs J Love Mrs L Farr Mrs C Hornby C Ellis Mrs. I G Gibbs B Murphy
Company Secretary
Mrs S Toms
Independent Examiner
Adams Beeny Limited Chartered Certified Accountants 4 Sudley Road Bognor Regis West Sussex PO21 1EU
Page 1
TYLERS TRUST
Report of the Trustees for the Year Ended 5 April 2021
Approved by order of the board of trustees on 7 October 2021 and signed on its behalf by:
Mrs J Ellis - Trustee
Page 2
Independent Examiner's Report to the Trustees of Tylers Trust
Independent examiner's report to the trustees of Tylers Trust ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 5 April 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Adams Beeny Ltd Adams Beeny Limited Chartered Certified Accountants 4 Sudley Road Bognor Regis West Sussex PO21 1EU
7 October 2021
Page 3
TYLERS TRUST
Statement of Financial Activities
for the Year Ended 5 April 2021
| 5.4.21 | 5.4.20 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 39,949 | 20,889 | |
| EXPENDITURE ON | |||
| Other | 35,471 | 40,579 | |
| NET INCOME/(EXPENDITURE) | 4,478 | (19,690) | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 38,697 | 58,387 | |
| TOTAL FUNDS CARRIED FORWARD | 43,175 | 38,697 |
The notes form part of these financial statements
Page 4
TYLERS TRUST
Statement of Financial Position
5 April 2021
| 5.4.21 Unrestricted fund Notes £ CURRENT ASSETS Debtors 5 1,440 Cash at bank and in hand 43,865 45,305 CREDITORS Amounts falling due within one year 6 (2,130) NET CURRENT ASSETS 43,175 TOTAL ASSETS LESS CURRENT LIABILITIES 43,175 NET ASSETS 43,175 FUNDS 7 Unrestricted funds 43,175 TOTAL FUNDS 43,175 |
5.4.20 Total funds £ 1,440 39,207 40,647 (1,950) 38,697 38,697 38,697 38,697 38,697 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 5
continued...
TYLERS TRUST
Statement of Financial Position - continued
5 April 2021
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 7 October 2021 and were signed on its behalf by:
J Ellis - Trustee
M Dodd - Trustee
The notes form part of these financial statements
Page 6
TYLERS TRUST
Notes to the Financial Statements for the Year Ended 5 April 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
2. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 5.4.21 | 5.4.20 | |
|---|---|---|
| £ | £ | |
| Other operating leases | 5,836 | 5,529 |
continued...
Page 7
TYLERS TRUST
Notes to the Financial Statements - continued for the Year Ended 5 April 2021
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 5 April 2021 nor for the year ended 5 April 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 5 April 2021 nor for the year ended 5 April 2020.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | ||||
|---|---|---|---|---|
| fund | ||||
| £ | ||||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | 20,889 | |||
| EXPENDITURE ON | ||||
| Other | 40,579 | |||
| NET INCOME/(EXPENDITURE) | (19,690) | |||
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 58,387 | |||
| TOTAL FUNDS CARRIED FORWARD | 38,697 | |||
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 5.4.21 | 5.4.20 | |||
| £ | £ | |||
| Prepayments and accrued income | 1,440 | 1,440 | ||
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 5.4.21 | 5.4.20 | |||
| £ | £ | |||
| Other creditors | 2,130 | 1,950 | ||
| 7. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 6.4.20 | in funds | 5.4.21 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 38,697 | 4,478 | 43,175 | |
| TOTAL FUNDS | 38,697 | 4,478 | 43,175 |
continued...
Page 8
TYLERS TRUST
Notes to the Financial Statements - continued for the Year Ended 5 April 2021
7. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 39,949 | (35,471) | 4,478 |
| TOTAL FUNDS | 39,949 | (35,471) | 4,478 |
Comparatives for movement in funds
| Net movement At 6.4.19 in funds £ £ Unrestricted funds General fund 58,387 (19,690) TOTAL FUNDS 58,387 (19,690) |
At 5.4.20 £ 38,697 |
|---|---|
| 38,697 |
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 20,889 | (40,579) | (19,690) |
| TOTAL FUNDS | 20,889 | (40,579) | (19,690) |
A current year 12 months and prior year 12 months combined position is as follows:
| Net movement At 6.4.19 in funds £ £ Unrestricted funds General fund 58,387 (15,212) TOTAL FUNDS 58,387 (15,212) |
At 5.4.21 £ 43,175 |
|---|---|
| 43,175 |
continued...
Page 9
TYLERS TRUST
Notes to the Financial Statements - continued
for the Year Ended 5 April 2021
7. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 60,838 | (76,050) | (15,212) |
| TOTAL FUNDS | 60,838 | (76,050) | (15,212) |
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 5 April 2021.
Page 10
TYLERS TRUST
| INCOME AND ENDOWMENTS Donations and legacies Grants and donations Total incoming resources EXPENDITURE Other Other operating leases Administration Event expenses Funday Funding applications Gift boxes Petrol Name the teddy Promotional Insurance Telephone Reimbursed expenses Sundry Postage and stationery Accountancy Total resources expended Net income/(expenditure) |
Detailed Statement of Financial Activities for the Year Ended 5 April 2021 5.4.21 5.4.20 £ £ 39,949 20,889 39,949 20,889 5,836 5,529 - 11 - 2,579 - 2,624 3,780 5,700 15,397 11,575 368 79 - 9 - 1,504 319 319 312 178 6,811 7,510 1,057 1,186 91 576 1,500 1,200 35,471 40,579 35,471 40,579 4,478 (19,690) |
|---|---|
This page does not form part of the statutory financial statements
Page 11
REGISTERED COMPANY NUMBER: CE005129 (England and Wales) REGISTERED CHARITY NUMBER: 1162827
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 5 April 2021
for
TYLERS TRUST
Adams Beeny Limited Chartered Certified Accountants 4 Sudley Road Bognor Regis West Sussex PO21 1EU
TYLERS TRUST
Contents of the Financial Statements for the Year Ended 5 April 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Statement of Financial Position | 5 | to | 6 |
| Notes to the Financial Statements | 7 | to | 10 |
| Detailed Statement of Financial Activities | 11 |
TYLERS TRUST
Report of the Trustees
for the Year Ended 5 April 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 5 April 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES Objectives and aims
The charitable company was incorporated on 24th July 2015.
Its objects are the advancement of health and relief of suffering in young people with life threatening conditions a gift box of presents.
To provide each sibling with a bag of presents, supply local children`s wards with emergency overnight parental bags.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
CE005129 (England and Wales)
Registered Charity number
1162827
Registered office
74 Orchard Way Barnham Bognor Regis West Sussex PO22 0HY
Trustees
Mrs J Ellis Mrs M Dodd Mrs S Toms Mrs W Hudson Mrs S Hollingdale Mrs J Love Mrs L Farr Mrs C Hornby C Ellis Mrs. I G Gibbs B Murphy
Company Secretary
Mrs S Toms
Independent Examiner
Adams Beeny Limited Chartered Certified Accountants 4 Sudley Road Bognor Regis West Sussex PO21 1EU
Page 1
TYLERS TRUST
Report of the Trustees for the Year Ended 5 April 2021
Approved by order of the board of trustees on 7 October 2021 and signed on its behalf by:
Mrs J Ellis - Trustee
Page 2
Independent Examiner's Report to the Trustees of Tylers Trust
Independent examiner's report to the trustees of Tylers Trust ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 5 April 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Adams Beeny Ltd Adams Beeny Limited Chartered Certified Accountants 4 Sudley Road Bognor Regis West Sussex PO21 1EU
7 October 2021
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TYLERS TRUST
Statement of Financial Activities
for the Year Ended 5 April 2021
| 5.4.21 | 5.4.20 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 39,949 | 20,889 | |
| EXPENDITURE ON | |||
| Other | 35,471 | 40,579 | |
| NET INCOME/(EXPENDITURE) | 4,478 | (19,690) | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 38,697 | 58,387 | |
| TOTAL FUNDS CARRIED FORWARD | 43,175 | 38,697 |
The notes form part of these financial statements
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TYLERS TRUST
Statement of Financial Position
5 April 2021
| 5.4.21 Unrestricted fund Notes £ CURRENT ASSETS Debtors 5 1,440 Cash at bank and in hand 43,865 45,305 CREDITORS Amounts falling due within one year 6 (2,130) NET CURRENT ASSETS 43,175 TOTAL ASSETS LESS CURRENT LIABILITIES 43,175 NET ASSETS 43,175 FUNDS 7 Unrestricted funds 43,175 TOTAL FUNDS 43,175 |
5.4.20 Total funds £ 1,440 39,207 40,647 (1,950) 38,697 38,697 38,697 38,697 38,697 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 5
continued...
TYLERS TRUST
Statement of Financial Position - continued
5 April 2021
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 7 October 2021 and were signed on its behalf by:
J Ellis - Trustee
M Dodd - Trustee
The notes form part of these financial statements
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TYLERS TRUST
Notes to the Financial Statements for the Year Ended 5 April 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
2. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 5.4.21 | 5.4.20 | |
|---|---|---|
| £ | £ | |
| Other operating leases | 5,836 | 5,529 |
continued...
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TYLERS TRUST
Notes to the Financial Statements - continued for the Year Ended 5 April 2021
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 5 April 2021 nor for the year ended 5 April 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 5 April 2021 nor for the year ended 5 April 2020.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | ||||
|---|---|---|---|---|
| fund | ||||
| £ | ||||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | 20,889 | |||
| EXPENDITURE ON | ||||
| Other | 40,579 | |||
| NET INCOME/(EXPENDITURE) | (19,690) | |||
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 58,387 | |||
| TOTAL FUNDS CARRIED FORWARD | 38,697 | |||
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 5.4.21 | 5.4.20 | |||
| £ | £ | |||
| Prepayments and accrued income | 1,440 | 1,440 | ||
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 5.4.21 | 5.4.20 | |||
| £ | £ | |||
| Other creditors | 2,130 | 1,950 | ||
| 7. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 6.4.20 | in funds | 5.4.21 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 38,697 | 4,478 | 43,175 | |
| TOTAL FUNDS | 38,697 | 4,478 | 43,175 |
continued...
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TYLERS TRUST
Notes to the Financial Statements - continued for the Year Ended 5 April 2021
7. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 39,949 | (35,471) | 4,478 |
| TOTAL FUNDS | 39,949 | (35,471) | 4,478 |
Comparatives for movement in funds
| Net movement At 6.4.19 in funds £ £ Unrestricted funds General fund 58,387 (19,690) TOTAL FUNDS 58,387 (19,690) |
At 5.4.20 £ 38,697 |
|---|---|
| 38,697 |
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 20,889 | (40,579) | (19,690) |
| TOTAL FUNDS | 20,889 | (40,579) | (19,690) |
A current year 12 months and prior year 12 months combined position is as follows:
| Net movement At 6.4.19 in funds £ £ Unrestricted funds General fund 58,387 (15,212) TOTAL FUNDS 58,387 (15,212) |
At 5.4.21 £ 43,175 |
|---|---|
| 43,175 |
continued...
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TYLERS TRUST
Notes to the Financial Statements - continued
for the Year Ended 5 April 2021
7. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 60,838 | (76,050) | (15,212) |
| TOTAL FUNDS | 60,838 | (76,050) | (15,212) |
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 5 April 2021.
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TYLERS TRUST
| INCOME AND ENDOWMENTS Donations and legacies Grants and donations Total incoming resources EXPENDITURE Other Other operating leases Administration Event expenses Funday Funding applications Gift boxes Petrol Name the teddy Promotional Insurance Telephone Reimbursed expenses Sundry Postage and stationery Accountancy Total resources expended Net income/(expenditure) |
Detailed Statement of Financial Activities for the Year Ended 5 April 2021 5.4.21 5.4.20 £ £ 39,949 20,889 39,949 20,889 5,836 5,529 - 11 - 2,579 - 2,624 3,780 5,700 15,397 11,575 368 79 - 9 - 1,504 319 319 312 178 6,811 7,510 1,057 1,186 91 576 1,500 1,200 35,471 40,579 35,471 40,579 4,478 (19,690) |
|---|---|
This page does not form part of the statutory financial statements
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