Registered charity numbgr 1163182 The Blue Surf Trust Trustees, Report, Independent Examiner's Report and Financial Statements for the year ended 31 December 2022 The Blue Surf Trust Contents Reference and AdminislralKve Oetails Trustees. Report for the year ended 31 December 2022 Independent Examinerfs Report Receipts and Payments Aecounls for the year ended 31 December 2022 Sialement ofAssels and Liabilities as at 310ecember 2022 The Blue SurfTrust Reference and Administrative Details Registered charity name The Blue Surf Trusl Charity nurnber 1163182 Trustegs Samuel Dyson Fenella Dyson Heather wi150n18ppoinled 17 February 20221 Contact address clo Juliet Charman Weyboume Ltd Telbury Hill Malmesbury SN16 ORP Bankers Lloyds Bank plc 55 Corn Street Bri5101 BS1 1HT Independent Examiner Crowe UK LLP 4th Floor Si James House St James Square Chellenham GL50 3PR The Blue Surf Trust Trustees, Report for the year ended 31 December 2022 The Trustees present their report and accounts of The Blue Surf Trust I'the Tiusl-l for the year ended 31 December 2022. The accounts have been prepared on a receipts and payments basis. Reference and administrative details Reference and administrative details are sh¢)wn on page 1. The Trust is an unincorporated charity registered with the Charity Commission (regislralion number 11631821. Structure, governance and management Goveming document The Trust 15 governed by its trust deed dated 06 August 2015. Governance of the Foundatlon The period under review is the eighth operating and financial Peri￿1 of the Trust during wh￿h the Trustees mel lo review ils policies and procedures. Adminislralive support is prOV￿ed by The James Dyson Foundation. Financial and accounting support is provided by Weybourne LimTted. Recrultment and tralnlng of Trustees The Trustees have been appointed lo provide the skills identified as being necessary for the good govemance of the Trust. The Trustees are lully aware of their fesponsibilrties under charty law having received information in the fomi of wrrtten dccumentstion. It is intended that this will be made available lo any newly appointed Trustees. Objectives and activities The Trustees confimi Ihal they have Complied wilh iheir duty in Section 17 of the Charrties Act 201110 have due regard to public benefit guidan￿ published by the Charity Commission for England and wa￿$. The principal obje¢ls of the Trust are lo advance charitable Pu￿0$e$ as the Trustees see fil. in particular. bul not limi(ed lo. Ihe relief of sickness and the advancement of the health and wellbeing of children and young persons Under Ihe age of 25 living permanently or temporarily in the area of benefrt. Achievements and performance The Tiusl made tlonations totalling £62,298 in the year12021.. £9,573). Financial review The receipts and payments accoLTnl for the period is set out on page 4. The Trust's main source of income for Ihe year was donations from the Trustees. Receipts for the period were £63,75012021'. £5,000). The Trust made donations lolalling £62.29812022." £9.5731 and paid overheads of £10612021.. £1061. The Trust ended the period with £2.70312021.. £1,357) cash avaiLgble lo spend in fuluie periods. The Blue SurfTrust Trustees, Report for the year ended 31 December 2022 (continued) Reserves The Trust does not receNe any donations, granls and other sources of fundraising where restrictions are imposed that are narrower than the Trust's overall objectives. The Trustees are confident that the work of the Tnjsl can conlinue. Future fvnding will mainly be derived from direct donations by Samuel Dyson and Fenella Dyson. and as such the Trustees can ensure eonlinuation. The Trust's fixed eosts are not significant and sonrficanl reserves are not usually maintained. the Tnjstees prefer lo donate fursds onty when planned expenditure is due to exeeed currenl reserves. Plans forfuture periods The Trust will continue 10 seek out opport¥Jnitie5 to further 115 eh8rTiable objects by providing grants lo organisalions and individuals. Financial and accounting support is provided by Weybourne Limited. Heather Wlson. Trustee, is the Difeclor of HR & Operations lor Weybourne Limited. Signed on behalf of the Trustees Heather Wilson Trustee Dale.. **Registered charity** number **1163182** ## **The Blue Surf Trust Independent examiner's report to the trustees of The Blue Surf Trust for the year ended 31 December 2022** I report to the trustees on my examination of the accounts of The Blue Surf Trust for the year ended 31 December 2022 which are set out on pages 5 to 6. This report is made solely to the charity's trustees, as a body, in accordance with section 154 of the Charities Act 2011. My independent examiner's work has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity, the charity's members as a body and the charity's trustees as a body for my independent examiner's work, for this report, or for the opinions I have formed. ## **Responsibilities and basis of report** As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 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 all the applicable 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 material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 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. Signed: Dated: 04 July 2023 Tara Westcott FCCA ## **Crowe U.K. LLP** Chartered Accountants 4 **[th ]** Floor St James House St James Square Cheltenham GL50 3PR 4 Registered charity number 1163182 The Blue SurfTrust Receipts and Payments Accounts for the year ended 31 December 2022 2022 2021 Receipts Donations received 5.000 Total receipts 63,750 5,000 Payments Donations Paid 162,298) 106 19,5731 10S Bank Char es Total payments 162.404} 19.6791 Ngl payments 14,6791 Cash funds last ear end 1,357 6.036 Cash funds this ear end 2.703 1.357 All the receipts and payments were made lo and from unrestricted funds. Registered charity number 1163182 The Blue SurfTrust Statement of Assets and Liabilities as at 31 December 2022 st 2022 2021 Assets Cash Funds 1,357 Total Assets 2,703 1,357 Liabilities Accruals Total Liabililies 11,4401 These accounts were approved by the Iru51ees and are signed on their behalt by.. Heather Wilson Trustee Oale..