REGISTERED CONIPA%Y NUhlBER: IOJ48624 IEngli#d and Wale51 REGISTERED CHARITY NUMBER: 1172059 Report •fibe Trustres ald I'M•¥dtsrd FI•11 Slatu•e•ts for tht Year Ended JI Ma1 2•24 Ch¢st¢rhlll Ctsriiblv Tr LiThited Chartered A¢¢witsnts and Busirtess Athi 31 '00d Street BaTrtI Hertforthhi EN5 4BE
Chtsterhill Chxritibie Trwt Limittd C•nteTrls of the Financial StsterneD15 for tke Year Ended 31 Mirdi 2024 Page Repttrt of tht Trusle lndependtnt Exer,5 Rtport 5¢atement of FiAAti#l Ae¢ivities lat Sbeet Notes to the FinADei*l SiatemeDts 6 10 9 Delailed StateTheTrt •( Fiu4Ncixl ActivlliE5 io
Chesterhill Charitble Trust Limlted Report of the Trnstets for Ikt Ye4r Emdtd 31 Mlrch 2024 twsiees iih) are also dir¢¢tr>rs of L4tsriTh for the purwses of the Corryanies Aa )006. pre5enr iheir repyr iiirh the finan¢ial sia¢ennis of lh¢ chariii for the }ear ended 31 Marth ?0?4. The tru5tee5 hale adopred the provisions of Accounling and Rcportin8 Charilies.. Siaiemeni orReCom Pracii¢e applicable to ¢hariiies preparing ih¢ir accounts in acrordan¢e iiith the FInaTal Reming SiandaTd appli¢aN¢ in the UK and Republic of Ireland IFRS ioil ietT¢¢iike I Januar) 20191. OBJEcfivES AND ACTivfTIES Obje¢tive5 4clivit1¢5 The tharitable tnjst's objeets are- - The relief of financial hardshi either generdlli. or indii'ilknlli. of disthatwed iouD8 peopk lii'ing in the UK or abroad. To assim in such iii}s as the tru51¢e5 think fit an) charity or organisation in the UK or abroad ith)se aims iKlude the advoTK¢m¢nl of ducion for pEr50lls ihe age of 25 h knTkjp1 their mental. ph15Lcal and moral capabilitie& To a551$t eiiher 8enerall) or indiiiduajls In the rehabiliiation of loun8 OtT¢Nlus and loung Kwpl¢ litho arr at risk of offerIng b) such rneans as ¢h¢ trustees ma) 'rP their sLills. capaciiies and capxbiliiies io enable them TO participate in so¢ieh as mature reynsible llKlii iduals. - To womole and woteLX the ph)si¢al ar¥J mental hIlh of Ft¥Jple iiith carKer. denntia or rth)si¢al mentsl disabiliiies and Iheir families and ¢arm. The ITUSttts hav¢ paid duc regard guidance i5AKd b% the common in de£iding ii'hat acti%iiie$ Ihe ¢horiiable INst shotsld undertake. FINANCIAL REVIEW [TIng the p¢riod un(kr r.1% the chaTilv receii.ed £IOO.(KNJ frorn Chesterhill IMeAments Limited. The Trustees considered numerous requests from other eharities for fiTwKial SUprt and Tnadc dLThttor totalling £119.679. STRucfuRE. GOVERNANCE AND MANAGEMEliT GoverniNE dotument The charitl is controlld b} itsgt)irrning of aThJ consiiwies a limited wrnpans. limiied bi 8yaraDie¢. as defifted b) the CrAnpanies Act 2006. The Charil> LS a ¢ompart% limited b) guaraniee and carrie5 Out i15 aaiviiics in xcordance iiith i15 Memorandum and Articles of Association. The Board of Trustees are ¢k¢t¢d ai ts Annual C•wal Me¢¢iDg klvnbers if ihe organisaiion ITTU51ee Director51. Thc Board meets regularl!. Org4Jtsitlon*l strutlll The Charitl Is run b) th¢ mana8em¢ni ¢ommittee IBo¥d of Dirt¢tysl iihi¢h ron5iSt5 of a Chair arKI rhrec other Tru51ees. DeciSLOn making TNstees are reswprtsible for the at)nual of the ChtiTiTh together thth ¥e also responsible for the deliveTI of ser¥ices. Rid& The Trusiees have assessed the major risks to N%hi¢h the clwit% is ¢i]Thd. in rtiCUlar tlw)se related to the opemiions and rinance5 ofthe Charl. arwj are satisfied that 51siems are Lll place 10 miiigat¢ the ¢w)sur¢ major risk's. Th¢s¢ s%siems are re%iei¥¢d periodicall%.
Chesterbill Charitable Trust Lirnited Repthrt of the Tru51ees ror the Year Ended 31 M1h 2014 REFERENCE AYD ADhlINTSTRATIVE DETAIIS Reglslered CompaA)' 10348624 (England and Illalesl Rtgistered Ck•tlty MTAmber 172659 Registerod offite 10 Wood Slreet Barnet Herts EN5 4BW TTllSteÈs B A BinsCL. FCA Direuor Mrs P E BinsKKK' Dire¢tOT A P Gr•hTr MBE Director J L Marchani DireCr J A Rosen Director IMdeyend¢nt Exmlxer Cartiiri8hts Chartercd Acwurtsn15 arml Busints5 Adii51)rs R¢grnr) House 33 Wood Sire¢t Birnet Hertfordshire ENS 4BE B#Thkers NalWes1 Bank. PLC Holloi%e) Road Branch 49) Holloma) Road London N7 6JB Cartiirrights Chartered Accountsn Regenc} House 33 Wth)d Street Bamet Hcrtford5hirc ENS 4BE Approied bi'order of t)ard of trusttts on...... .. Lo £Xand signed on its Ixha]fM': A Binstock FCA- TTiÉiet
Indepetsdent Examiees Report to the Trntets of Chtsltrhill Cbritabie Trxst Limitod IMdepeDdent txaminr'5 report to tbe tnuttts of Chesterkill CbritAbie Trust Liryiltd I'the CoThpny'l I rerx)rt the ¢harin trusttts ¢)n m) CmInation of the accounts of the Compan! for the %¢ar ended 31 March 2024. Responslbllilies basb5 of report As ihe charit}'s trustees of the Compan) land al its direwrs for the purwJs¢s of ¢onw) laiil lou Hre re5pon5ible for ihe preparation ofihe a¢¢ounts in a0dance iiith the rcquir¢ments ofthe Companies Ath Ilhe 2006 A¢i'i. Hal'ing saiisfied m!s¢lf tha4 lh¢ a15 of the Compani are required trj audited under Part 16 of the 2006 Aci and are eligible fot independETht ¢vmirwlion. I rep)n in resFCt of m) eiaminatM)n of)ow chaiitl's a¢ctsurts a5 carried oui under Section 145 of th¢ Charities A¢1 2011 Ilhe 2011 Act'l. In ca% ins oui rni t¥anur¢dtion I haie follomtd th¢ Dir¢rtions gii¢D . Chariti" Comrni55ion under Section 1495) Ibl of the 2011 Aci. lodepexdeKt exsmkntt'y statemtwt I have completed m% examin*ion. I ci)nfimi nts matters hai'e Come mi attention in conn¢¢tion iviih ih¢ ¢lalnatIOn gil ing m¢ cause to beliD'e'. accountin8 records noi kepi in respect of the Conwi a5 required bi Seuion 386 ofthe ?(N)6 Aa". or the accounls accord with Ilk)se record5-. or Ihe a¢¢oimts do vot WTnpls iiiih the accouniiJL8 requirements of Settw 396 of the 2[)6 Act other than an requiremeni Ihal ihe 3¢¢(wnts giir a ¢rut arwj fair viol ithich 15 maNer ¢onsider¢d as part of an indcpendent eiaminaiion.. or Ihe accounts havt r¥)t kn prepred in Olat Mith th¢ m¢thod5 and winciple5 of the aleM¢nI of Recommended Pradic¢ for acwunting and renITr8 bN' charities lapplicable 10 tharities preparing their accounts in accordance %th ihe Finala[ Rwrting Sta]Hlard apyliuble in the UK and RepuNi¢ of Ire12nd IFRS 10211. I have no ¢orL¢¢rn$ and hal't c¢)me across no her matters in comn¢dion iiith the examinaiion to iithich atteniion should be draiin in this resxjrt it) order enable a proper understaThJingof the accounts bc resched. Eri¢ Mclni)r¢ CartiiTights Chartered Accourbtants Business Adiiwrs Regenc) House 33 Wood Sirea Barnrt Hertfordshir¢ EN) 4BE Date..
Chesterblll ChTitxbk Trnst IAmittd Siitrjllent ofFIAindal Aetlvltlt5 for ihe Yexr EDded 31 Mr¢h 2024 3113ll4 ur*SttIed 31nnJ Toi41 fyllds Nfjtes INCOME AIID ENDOWMENTS FROM Dorvdiions arKI l¢gacics 100,( I C4),000 Iniestmeni income 3.5 16 1.708 Total 103.516 101,708 EXPEINDITURE ON Charitlble Activities Pa)ments selcacd beneficiaries 143.717 125.497 NET INCOl(ExPENDllTuRE 1402711 23,7891 RECONCILIATIOIY OF FUNDS Total fuTha5 brou8ht foniard 122.121 145.910 TOTAL FUND5 CARRIED FORWARD 81.850 122.121 Th¢ wtes form p¥t ofthese financia] Aaiements
Cb¢$lerhlll ChwrIt•bTnJs1 LiThite Blnre sIt 31 M•rrh 2024 Jinn4 U#rtstrlrted runds 3liJll3 Total N•tt5 CVRRENT ASSETS Cash a bank 101.850 CREDITORS Amowts fallg duE iiithin one )ear 120.(WI NET CURREINT ASSET5 81.850 122.121 TOTAL ASSETS LESS CURRENT .IABII.ITIF.S 81.850 NET ASSETS 81.850 122.121 FUliDS Unrcstricted funds 81.850 122.121 TOTAL FUNDS 81.850 The charitable ¢ompani' is entiiled to eyemption from audii under Seuion 477 of th¢ Companie5 Aci 2006 for the lear ended 31 Mirch 2024. Th¢ rtKmbcr5 hai'e not required the compan! to otrAain an audii of its financial swern¢nts foT the lear cAd 31 Mar¢h 2024 in acci)rdanc¢ iiith tsiion 476 of the Companies Aa 21JJ6. The iru5tees acknded$t their resw)nsibiliti¢s for ensuring that th¢ ¢haritJbl¢ con) k.ccps accountin8 rewrds comW) 7Aith S¢clions 386 and 387 of th¢ Companies A¢t ?006 athd preparing finarKial stsiements iwhich gilt a fair of the swte of affairs of the ¢hariiable compaw p5 at the ¢nd of fdch fIrCIal )e8r and ofiis suwplJ5 or defi¢ii for ea¢h fina181 )ear in accordance iitth Ihe requiietnenis of S¢¢tions 394 8r¥J 395 and iihK-h OThcThiise compli. iiith the requiren{S of the CompaDi¢S Aci 2(W rel*in8 10 financial statemems. $0 far as appli¢abl¢ the ¢haritsbl¢ compan!. Ibl Thes¢ finan¢iel stat¢mts hai'¢ been Prepared in accordance iviih th¢ proi"isions applicabl¢ to dritable crrfnpJDi¢s subject to the small compaThies rryi]ne. Thc financial statemems apFYoied bi. the Boawd of TTuMees aNI aUtIristd for i5siie on atkl i1¢ signed ort behaifb).. A BiTL5trxL FCA- Trll¥¢t Th¢ rn)ies f(m POr financial 5tatrments
Cheslerhlll Ckritsbk TThst Llthittd Notes to the FlTh•itll SttemeAt5 ror the Yer EDded 31 Marcb 2024 ACCOUNTIYG POLICIES B1$ of preprlM# iht Ilts•ts¢lal stleMeats The financial Se[neis of the dwitsbl¢ cotnpdni. is a plIC benefit ertiiD under FRS 102. haiE ken prepared in xeordance iiiih ihe CTharities SORP IFRS 1021'A¢¢ouniing and RcpMin8 b) Charities.. Stakment of R¢rnd Prarticc applicable io charities preparing their accounts in a¢¢ordan¢r iiith th¢ Financial Retx)rting Siandard appli¢abl¢ in ihe UK and R¢publi¢ of IieiaT¥J IFRS 1021 leffeail'e l January ?0191'. Financi31 Rew)rtins Standard 102 'The Financial RcwJrtin8 Slandard applicable in th¢ UK R¢pliC of Ireland, atKI Companies Ad 20(hS. Tk finan¢ial 5tstrmCnfS have been prepared under the hISrical ¢osi cotweniion. All income is reeo8nised in the Sement of Financial Aaivili¢s orK¢ th¢ charity h&$ eniiilement the funds. ir is probable that the irKorne ii.ill be rCccij and the amount can be Measur lIabIl.. Eipenditure Liabilili¢s are reco¥nised as e¥p¢nditure as 5cKn &$ Ihere is a legal or wnstwrlive obligation commilting Ihe charli that ¢.Ipendi¢vre. il is wbabl¢ that a 1rdfer of ecorb)mic nefIts iiill be required in settltment and ihe amount of (he obli8aiion can be measured r¢liabli. E¥wditWC 15 accound for on an accnjals basis and has been ¢lassified undcr h¢ading5 ihai aggregate all com relaied the caiegor.¥. Where costs ¢artMI bt directl! at1riFZed to particular headirw the) haie been alloced w lillIeS on a basis consiyenl i%iih the use of r¢sourc¢5. TaxAtio The tharii) 15 fr¢Jm cLw)raiKJn lix on its charita>le 1¥•17¢5. Unrestricted fijnds can be used in accordance i%ith the cknarithble objcrtii'¢5 at the disuetion of the rru5tees. ResiricLEd funds ran oDI} br used for particular res1ricied pwrAM ivirhit) th¢ obje¢ts of the ¢haril). Re5triction5 arise wthen SFecified bi the thM)r or whert fuTrJs ar¢ raised for particular restricted purpose Further eiplanaiioD of ihe naiw¢ and of cxh fu1 15 included the leS to th¢ financial 4aiements. INVESTMENTINCOME 3113124 JJ13123 Detx)sii account irterest 3.516 1.708 TRUEEs, REMUIYEIIATION AND BENEFITS Thcrt Krre no trusrees. remuneMKyn other tr*nefi for the jw emkd 31 Mar¢h 2024 tK¥r for the lear ended 31 March 2023. Trmstees. expeoses ThLYe ivere no trusiees. ¢.Iwses for the Jearerwjed JJ March 2024 nor for th¢ Year ended 31 Marth 2023. oMiThued...
e5terhill Charitxbie Trurt tAmitrd Notes to tht FiD•Dtil SttenKDts- ¢o•tiMtd for Iht Year Exdtd 31 Mah 21)24 CREDITORS: AMoUl[S FALLING DUE WITHIN ONE YEAR 31nn4 3113123 her cr¢ditor5 20.C fvIOVEfvIENT IN FUNDS ovemhent ID At 3113n4 Al IIW23 Unrestrktod fu•ds Gerral fund 122.121 40.2711 81.850 TOTAL FUNDS 140.?711 81.850 Net moiement in funds. ilded in the atA)v¢ are os folkni3: INtomiog re50¥r¢es .Movement l* fund$ exptA¢kd Unrtstrkt¢d funds General fund I03J16 1143.7871 140.2711 TOTAL FUIYDS 103.516 Il43.7871 140,2711 CompAr4thfes for m•vemellt in fuuds Net oVeent IA fond5 Al 3113n3 At 114Q2 Umrestrirfed funds General fmd 145.910 123.7891 122.121 TOTAL FUP4DS 145.910 123.7891 122.121 C((Ltinued...
Chesterhill Ch4ritbk TTU51 Limiied Note5 to the FiA•Atial StateweDts- ¢•Mtl¥ed for the Year EDdtd 31 Mattk 2024 lovEIENT IN FUP4DS- tw¢led Comparniive Jwt mi¢ment in fund& I[KI IA ihe atthe are as rolloi. RESo¥rct5 xp¢nded l•vement ith funds V•rtstrirted finds General fId 101.708 (125.4971 l23.7891 TOTAL FUNDS 101.708 1125.4971 123.7891 A year 12 Th)nths and prior} 12 mnths combined Jx)siliDll LS as folloiis." Net At 3113124 At I14n2 Unre5tritttd fuds G¢n¢rnl fund 145.910 164.0601 81.850 TOTAL FUNDS 145.910 164.0601 81.850 A ¢urreni l'ear 12 nM)nihs and prior )ear 11 mnths combined movemeni tn fvThJk iTrcluded in Lhe aiK)%¢ are as follo15.. Resouree5 expended ,Iloveme*t ruods resources Umrestrictwl fwids General fund 205.224 1269,2841 164,0601 TOTAL FUNDS 205.224 1269.2841 1&&.0601 ntinvcd...
Chesttrbill Ch4ril•blt Trust Liwsiied Note$ to the FI¢[#1 Si4iew¢nts- ¢•¢thed tb¢ Yur EAdod 31 Mirch 2024 RELATED PARTY DISCLOSURES There ivere no Yeled w. tyansaction$ forthe endtd 31 March 2024.
Cb¢st¢rhlll Chwritbl¢ Tr¥sl Liwited Detalied Stgtemttt of FlnAndal Artlvhi ror tb¢ Yor EAded 31 Mr¢h 2024 3113ll4 3113n3 INCOME AND EYDOWMENTS DotiONS gnd kgacits Donaiions iTh),(K)D i(o.(K>o Investment Deposii accouni interest 3.)16 1.708 Total IntoMli resothrct5 103.516 101.708 EXPENDITURE Ch*rli#blt 4¢ifvliles Pa}ments to s¢le¢t¢d bty)efi¢hiries 119.679 113.305 Support eosts Bank charges Holocau51 Ediication 33 24.075 42 12,150 24,108 12.192 Total resourr¢s p¢n¢k 143.787 125.497 Net expemditu 140.2711 123.7891 This pag¢ th)es fom) part Dr sutwor) financial S¢ments