REGISTERED COMPANY NUMBER: 10292933 (England and Wales) REGISTERED CHARITY NUMBER: 1172763
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
FOR
THE GOOD GRIEF TRUST
Elson Geaves Accountants Chartered Certified Accountants Elson Geaves Forest Links Road Ferndown Dorset BH22 9PH
THE GOOD GRIEF TRUST
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 to 6 |
| Notes to the Financial Statements | 7 to 12 |
| Detailed Statement of Financial Activities | 13 to 14 |
THE GOOD GRIEF TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2023
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 31 July 2023. 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).
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
10292933 (England and Wales)
Registered Charity number
1172763
Registered office
Elson Geaves Forest Links Road Ferndown Dorset BH22 9PH
Trustees
Ms L Magistris Entrepreneur Ms J Soulsby Accounts Manager (resigned 29.9.2022) Mrs H Churchill Hairdresser (resigned 29.9.2022) Ms S Duddy Dance Teacher (resigned 29.9.2022) M Baxter (resigned 29.9.2022) Mrs S F J Slater Retired (appointed 12.10.2022) S D Sanderson Consultant (appointed 12.10.2022) Mrs M Brooker (appointed 9.1.2024)
Company Secretary
Independent Examiner
Gary Elson, FCCA Elson Geaves Accountants Chartered Certified Accountants Elson Geaves Forest Links Road Ferndown Dorset BH22 9PH
Approved by order of the board of trustees on 24 April 2024 and signed on its behalf by:
Page 1
THE GOOD GRIEF TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2023
Ms L Magistris - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE GOOD GRIEF TRUST
Independent examiner's report to the trustees of The Good Grief Trust ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2023.
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.
Gary Elson, FCCA The Association of Chartered Certified Accountants
Elson Geaves Accountants Chartered Certified Accountants Elson Geaves Forest Links Road Ferndown Dorset BH22 9PH
24 April 2024
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THE GOOD GRIEF TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2023
| 2023 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 63,619 Other trading activities 2 3,816 Investment income 3 63 Total 67,498 EXPENDITURE ON Raising funds 4 125,069 Other - Total 125,069 NET INCOME/(EXPENDITURE) (57,571) RECONCILIATION OF FUNDS Total funds brought forward 83,601 TOTAL FUNDS CARRIED FORWARD 26,030 |
2022 Total funds £ 72,862 535 8 73,405 113,771 - 113,771 (40,366) 123,967 83,601 |
|---|---|
The notes form part of these financial statements
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THE GOOD GRIEF TRUST
BALANCE SHEET
31 JULY 2023
| 2023 Unrestricted fund Notes £ CURRENT ASSETS Debtors 8 345 Cash at bank 30,761 31,106 CREDITORS Amounts falling due within one year 9 (5,076) NET CURRENT ASSETS 26,030 TOTAL ASSETS LESS CURRENT LIABILITIES 26,030 NET ASSETS 26,030 FUNDS 10 Unrestricted funds 26,030 TOTAL FUNDS 26,030 |
2022 Total funds £ - 85,636 85,636 (2,035) 83,601 83,601 83,601 83,601 83,601 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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
continued...
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THE GOOD GRIEF TRUST
BALANCE SHEET - continued
31 JULY 2023
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 24 April 2024 and were signed on its behalf by:
L Magistris - Trustee
S F J Slater - Trustee
S D Sanderson - Trustee
The notes form part of these financial statements
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THE GOOD GRIEF TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023
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.
Related party exemption
The charitable company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
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.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
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THE GOOD GRIEF TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023
| 2. | OTHER TRADING ACTIVITIES | ||
|---|---|---|---|
| 2023 | 2022 | ||
| £ | £ | ||
| Goods Sold | 3,816 | 535 | |
| 3. | INVESTMENT INCOME | ||
| 2023 | 2022 | ||
| £ | £ | ||
| Deposit account interest | 63 | 8 | |
| 4. | RAISING FUNDS | ||
| Raising donations and legacies | |||
| 2023 | 2022 | ||
| £ | £ | ||
| Support costs | 122,688 | 103,916 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 July 2023 nor for the year ended 31 July 2022.
Trustees' expenses
| Trustees' expenses | ||
|---|---|---|
| Trustees' expenses STAFF COSTS The average monthly number of employees during the year was as follows: Admin |
2023 £ 2,458 2023 - |
2022 £ 1,206 |
| 2022 1 |
6. STAFF COSTS
No employees received emoluments in excess of £60,000.
continued...
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THE GOOD GRIEF TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |||
|---|---|---|---|
| fund | |||
| £ | |||
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 72,862 | ||
| Other trading activities | 535 | ||
| Investment income | 8 | ||
| Total | 73,405 | ||
| EXPENDITURE ON | |||
| Raising funds | 113,771 | ||
| Other | - | ||
| Total | 113,771 | ||
| NET INCOME/(EXPENDITURE) | (40,366) | ||
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 123,967 | ||
| TOTAL FUNDS CARRIED | |||
| FORWARD | 83,601 | ||
| 8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2023 | 2022 | ||
| £ | £ | ||
| Other debtors | 345 | - |
continued...
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THE GOOD GRIEF TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023
| 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Accrued expenses 10. MOVEMENT IN FUNDS At 1/8/22 £ Unrestricted funds General fund 83,601 TOTAL FUNDS 83,601 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 67,498 TOTAL FUNDS 67,498 Comparatives for movement in funds At 1/8/21 £ Unrestricted funds General fund 123,967 TOTAL FUNDS 123,967 |
2023 2022 £ £ (1) - 5,077 2,035 5,076 2,035 Net movement At in funds 31/7/23 £ £ (57,571) 26,030 (57,571) 26,030 Resources Movement expended in funds £ £ (125,069) (57,571) (125,069) (57,571) Net movement At in funds 31/7/22 £ £ (40,366) 83,601 (40,366) 83,601 |
|---|---|
continued...
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THE GOOD GRIEF TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023
10. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 73,405 73,405 |
Resources Movement expended in funds £ £ (113,771) (40,366) (113,771) (40,366) |
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Net movement At 1/8/21 in funds £ £ Unrestricted funds General fund 123,967 (97,937) TOTAL FUNDS 123,967 (97,937) |
At 31/7/23 £ 26,030 |
|---|---|
| 26,030 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 140,903 140,903 |
Resources Movement expended in funds £ £ (238,840) (97,937) (238,840) (97,937) |
|---|---|---|
continued...
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THE GOOD GRIEF TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 July 2023.
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THE GOOD GRIEF TRUST
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2023 INCOME AND ENDOWMENTS Donations and legacies Events Donations Other trading activities Goods Sold Investment income Deposit account interest Total incoming resources EXPENDITURE Other trading activities Purchases Support costs Management Wages & Consultancy Pensions Rent Light and heat Telephone Postage and stationery Advertising, Marketing & PR Sundries Event Expenses Website & IT Costs Training & Recruitment Costs Travel & Subsistence Costs Bookkeeping Services Professional Fees &Consultancy Admin & PA Services Finance Bank charges |
DETAILED STATEMENT OF FINANCIAL ACTIVITIES | 2023 £ 14,754 48,865 63,619 3,816 63 67,498 2,381 31,511 301 3,697 - 70 6,893 13,531 64 1,046 10,546 400 5,892 3,164 10,164 12,584 99,863 79 |
2022 £ - 72,862 |
|---|---|---|---|
| 72,862 535 8 |
|||
| 73,405 7,985 2,313 92 8,200 2,400 240 11,211 13,735 13 11,229 7,691 9,300 4,290 4,186 3,835 16,328 |
|||
| 95,063 96 |
This page does not form part of the statutory financial statements
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THE GOOD GRIEF TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2023
| Finance Governance costs Trustees' travelling expenses Accountancy fees Legal fees Total resources expended Net expenditure |
2023 £ 2,458 1,846 18,442 22,746 125,069 (57,571) |
2022 £ 1,206 1,602 7,819 10,627 113,771 (40,366) |
|---|---|---|
This page does not form part of the statutory financial statements
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