Charity number: 1172883 ## **CHRISTINES EDUCATIONAL TRUST** **UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31/10/2020** **Prepared By: Lexxwood and Associates** (Chartered Certified Accountants) 2 Cornwallis Close Willesborough Ashford Kent TN24 0XE ## **CHRISTINES EDUCATIONAL TRUST** **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/10/2020** ## **TRUSTEES** ## **REGISTERED OFFICE** ## **CHARITY NUMBER** 1172883 ## **ACCOUNTANTS** **Lexxwood and Associates** (Chartered Certified Accountants) 2 Cornwallis Close Willesborough Ashford Kent TN24 0XE page 1 ## **CHRISTINES EDUCATIONAL TRUST** ## **ACCOUNTS** **FOR THE YEAR ENDED 31/10/2020** ## **CONTENTS** ||Page| |---|---| |Report of the Trustees|3| |Independent Examiner's Statement|4| |Accountant's Report|6| |Statement of Financial Activities|7| |Balance Sheet|8| |Notes to the Accounts|9 to 12| |Detailed Statement of Financial Activities|11| page 2 ## **CHRISTINES EDUCATIONAL TRUST** ## **TRUSTEES' REPORT** **FOR THE YEAR ENDED 31/10/2020** The trustees present their non-operational report and accounts for the year ended 31/10/2020 ## **PRINCIPAL ACTIVITIES** The usual principal activity of the charity in the year under review was inactive. ## **STRUCTURE GOVERNANCE AND MANAGEMENT** This charity raises funds from the public but does not work with professional fundraisers or commercial participators. The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006. This report was approved by the Board of Trustees on 20/10/2020 …………………………….. Trustee page 3 ## **CHRISTINES EDUCATIONAL TRUST** ## **INDEPENDENT EXAMINER'S STATEMENT** ## **FOR THE YEAR ENDED 31/10/2020** ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHRISTINES EDUCATIONAL TRUST** I report on the accounts of the company for the year ended 31/10/2020. ## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER** The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. 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's gross income does not exceed £250,000 and I am qualified to undertake the examination by being a qualified member of ACCA. Having satisfied myself that the charity is not subject to an audit under company law and eligible for independent examination only, it is my responsibility to: - examine the accounts under section 145 of the 2011 Act. - follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and - state whether particular matters have come to my attention. ## **BASIS OF INDEPENDENT EXAMINERS STATEMENT** 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 accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as 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 accounts present a "true and fair view" and the report is limited to those matters set out in the statement below. page 4 ## **CHRISTINES EDUCATIONAL TRUST** ## **INDEPENDENT EXAMINER'S STATEMENT** ## **FOR THE YEAR ENDED 31/10/2020** ## **INDEPENDENT EXAMINERS STATEMENT** In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 386 of the Companies Act 2006; and - to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities 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 ................................................... Date: **Lexxwood and Associates** (Chartered Certified Accountants) 2 Cornwallis Close Willesborough Ashford Kent TN24 0XE +44(0)7435128775 page 5 ## **CHRISTINES EDUCATIONAL TRUST** ## **ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE UNAUDITED ACCOUNTS OF CHRISTINES EDUCATIONAL TRUST, FOR THE YEAR ENDED 31/10/2020** I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2020 which are set out on pages 6 to 21. ## **Respective responsibilities of trustees and examiner** As the charity's trustees of Christines Educational Trust, 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 Christines Educational Trust 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** Even though Christines Educational Trust’s gross income does not exceed £625,000 as stipulated for compliance in section 145 of the 2011 Act. Our work has been undertaken solely to prepare for your approval the accounts of Christines Educational Trust and state those matters that we have agreed to state to the Board of Directors of Christines Educational Trust, as a body, in this report, in accordance with the requirements of the ACCA as detailed on their website. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of Christines Educational Charity as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. 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 4. 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 ] QRS 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. **Lexxwood and Associates** (Chartered Certified Accountants) 2 Cornwallis Close Willesborough Ashford Kent TN24 0XE page 6 |**CHRISTINES EDUCATIONAL TRUST**
**Statement of Financial Activities**
**for the year ended 31/10/2020**
**Income**
Income from generated funds
Donations and legacies
**Total Income and endowments**
**Expenses**
Costs of generating funds
Expenditure on Charitable activities
**Total Expenses**
**Net gains on investments**
**Gains/(losses) on revaluation of fixed assests**
**Net movement in funds:**
Total funds brought forward
**Net funds carried forward**|**Unrestrict**
**ed funds**
**Restricted**
**funds**
**£**
**£**
-
-
**-**
**-**
-
-
**-**
**-**
-
-
**-**
**-**|**2020**
**Total**
**£**
-| |---|---|---| |||**-**| |||-| |||**-**| |||-| |||**-**| This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities page 7 ## **CHRISTINES EDUCATIONAL TRUST** ## **BALANCE SHEET AT 31/10/2020** |**BALANCE SHEET AT**|**31/10/2020**||| |---|---|---|---| ||||**2020**| ||**Notes**||**£**| |**CURRENT ASSETS**|||| |Cash at bank and in hand||-|| |||-|| |**NET CURRENT ASSETS**|||-| |**TOTAL ASSETS LESS CURRENT LIABILITIES**|||-| |**CAPITAL AND RESERVES**|||| |**Unrestricted funds**|**4**||| |Difference on accounts|||-| For the year ending 31/10/2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. ## **Approved by the board of trustees on 24/10/2020 and signed on their behalf by** ............................. Trustee page 8 ## **CHRISTINES EDUCATIONAL TRUST** ## **NOTES TO THE ACCOUNTS** **FOR THE YEAR ENDED 31/10/2020** ## **1. ACCOUNTING POLICIES** ## **1a. Basis of Accounting** The accounts have been prepared under the historical cost convention. The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. ## **1b. Incoming Resources** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **1c. Resources Expended** 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. ## **1d. Allocation and Apportionment of Costs** All costs relate to the single activity of the charitable company and are recognised accordingly. ## **1e. 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. Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects. ## **2. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** **2020 £nil** ## **3. UNRESTRICTED FUNDS** ## **4. RESTRICTED FUNDS** ||**Brought**|**Incoming**|**Outgoing**||**Transfers**|**Carried**| |---|---|---|---|---|---|---| ||**Forward**|**Resource**|**Resource**|||**Forward**| ||**£0.00**|**£0.00**|**£0.00**||**£0.00**|**£0.00**| ||**Brought**|**Incoming**|**Outgoing**||**Transfers**|**Carried**| ||**Forward**|**Resource**|**Resource**|||**Forward**| ||**£0.00**|**£0.00**|**£0.00**||**£0.00**|**£0.00**| |||||**l**||| page 9 ## **CHRISTINES EDUCATIONAL TRUST** **Incoming Resources for the year ended 31/10/2020 2020 £ Incoming resources Incoming resources from generated funds** - - page 10 ||**CHRISTINES EDUCATIONAL TRUST**|| |---|---|---| ||**Expenses**|| ||**for the year ended 31/10/2020**|| |||**2020**| |||**£**| |**Expenses**||| |**Costs of generating funds**||| |**Charitable Activities**||| |Charitable donations||-| |||-| |||-| page 12