Registered Charity No: 1174300
GLENDALE CHURCH
(CHARITABLE INCORPORATED ORGANISATION)
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
GLENDALE CHURCH
(CHARITABLE INCORPORATED ORGANISATION)
CONTENTS
PAGE NO. |
|
|---|---|
| Legal & Administrative Information | 3 |
| Trustees’ Report | 4-5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8-14 |
| Independent Examiner’s Report to the Trustees | 15 |
GLENDALE CHURCH
(CHARITABLE INCORPORATED ORGANISATION)
LEGAL & ADMINISTRATIVE INFORMATION
----- Start of picture text -----
CHARITY NUMBER 1174300
DATE OF REGISTRATION 17 [th] August 2017
START OF FINANCIAL YEAR 1 [st] January 2023
END OF FINANCIAL YEAR 31 [st] December 2023
TRUSTEES AT 31 [st ] DECEMBER 2023 Neil Atherton
Amy Gregory
Andrew How
Owen Joyce
Gordon Patterson (Chair)
Clifford Reeve
LEGAL STATUS Charitable Incorporated Organisation (CIO)
GOVERNING INSTRUMENT CIO – Association Registered 17 [th] August 2017
OBJECTS
To advance the Christian Faith, thus glorifying God and advance his Kingdom by means of public
worship, bible teaching, prayer, fellowship, partaking of the Lord’s Supper and evangelism. The Church
also desires to serve the local community in various ways with Youth and Children’s work and donates
to various appropriate organisations.
CORRESPONDENCE ADDRESS Rosemount
Garden Close Lane
Newbury
Berkshire
RG14 6PR
BANKERS Royal Bank of Scotland
Hornchurch Branch
PO Box 4153
Hornchurch
Essex
RM12 4PS
INDEPENDENT EXAMINER Simon Green
17C Wendan Road
Newbury
Berkshire
RG14 7AG
----- End of picture text -----
Page | 3
GLENDALE CHURCH
(CHARITABLE INCORPORATED ORGANISATION)
TRUSTEES REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023
As well as continuing with core Church activities, 2023 was a year of strengthening our ministries which impact the local community. Partnerships continued with Welcome Churches to support refugees and asylum seekers staying locally; and with Christian’s Against Poverty (CAP), to run the CAP Life Skills course. Additionally, Replenish continues to support parents and carers with little ones; and the Youth Cafe runs weekly, building relationships with local young people. All of these initiatives are gathering significant numbers of people, several of whom have attended the Alpha Course and have come to faith. These initiatives improve the quality of life for the people accessing them, and share the love of God in tangible ways.
Sundays at Glendale consist of a morning service at The Well, Thatcham, and an evening service at Wash Common, Newbury. Attendance has continued to increase. This has led to some overcrowding at the Well and has sparked an appetite for a bigger building for Glendale, possibly in a more central location to bring the two communities together.
There are 14 Life Groups in the church which is where relationships are built and people go deeper in their Christian walk. Life Groups are the first port of call for pastoral care for many in the church, and Life Group leaders are supported by the Leadership Team in this.
Glendale Church continued to contribute to ‘Christians Together in the Newbury Area’ (CTNA), Churches Together in Thatcham (CTIT), Christian Outreach in Newbury schools (COINS), Christians Against Poverty (CAP) Newbury Debt Centre and continues its membership of the UK Evangelical Alliance. The Church continued to support Christian outreach and mission activities in various parts of the world. The Church still employs a full-time Senior Leader. Also employed are a part-time Leader of Youth Ministry, and an Administrator who oversees the practical aspects of Church Life. The part-time Leader of Children and Families Ministry needed to resign for family reasons in December 2023 with the role being covered by volunteers for the time being.
The Board of Trustees, Leadership Team and Church Council continue to function very effectively.
Financial Review
The Board of Trustees has taken on its responsibilities to fulfil the requirements of The Charities Act 2011, preparing a statement for the financial year.
Income in year was £8,047 (5.9%) lower than the prior year at £127,567 (2022: £135,614) primarily due to a decrease in one-off giving reducing the total of gifts, tithes and offerings income by £13,209. This was partly offset by an increase in gift aid reclaimed of £5,120 from additional claims from prior years. The £1,325 reduction in income from charitable activities was offset by the £1,218 increase in bank interest due to higher interest rates in year.
Expenditure was stable at £125,448 just £511 (0.4%) lower than in 2022 (2022: £125,959). Significant movements within this figure were the £10,693 (13.8%) reduction in staffing costs primarily due to maternity leave, offset by £5,106 (50.5%) increase in missionary and pastoral care costs due to a significant one—off gift during the year, and a £4,117 increase in repairs and maintenance costs at The Well which included significant one-off electrical work. The resulting small £2,119 surplus (2022: £9,655 surplus), reflects the reduction in income highlighted above.
The Trustees are happy with the level of reserves of the charity at the year end, where there is a healthy level of accessible cash funds (£67,842) to support ongoing operations and future planned activity as required. There have been no significant changes to the financial position subsequent to the year-end to be noted that might affect the Trustees judgement of the CIO in terms of going concern. Accounting
Page | 4
GLENDALE CHURCH
(CHARITABLE INCORPORATED ORGANISATION)
TRUSTEES REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023
records, which disclose with reasonable accuracy the financial position of the Trust, are available for those wishing to see them, and risk assessments ensure the safeguarding of the assets of the Trust are in place.
Trustees’ Responsibilities
The Charities Act 2011 requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the CIO and of the surplus of the CIO for the period. In preparing those financial statements the trustees are required to:
-
Select suitable accounting policies and apply them consistently
-
Make judgements and estimates that are reasonable and prudent
-
Prepare financial statements on the going concern basis unless it is inappropriate to presume that the CIO will continue in existence
The Trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the CIO. They are also responsible for safeguarding the assets of the CIO and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Trustees on 26th September 2024.
Signed on their behalf by Trustee
Print Name: Neil Atherton
Page | 5
GLENDALE CHURCH
(CHARITABLE INCORPORATED ORGANISATION)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2023
| Note INCOMING RESOURCES Incoming Resources from Generated Funds: Donations & Legacies 3a Charitable activities 3b Investments 3c TOTAL INCOMING RESOURCES RESOURCES EXPENDED Cost of Generating funds: Charitable activities 4a TOTAL RESOURCES EXPENDED NET INCOMING/(OUTGOING) RESOURCES Total funds brought forward Transfers between funds TOTAL FUNDS CARRIED FORWARD |
Unrestricted funds 2023 £ 105,621 719 1,571 107,911 107,418 107,418 493 154,514 - 155,007 |
Restricted funds 2023 £ 19,656 - - 19,656 18,030 18,030 1,626 175,841 - 177,467 |
Total funds 2023 £ 125,277 719 1,571 127,567 125,448 125,448 2,119 330,355 - 332,474 |
Total funds 2022 £ 133,218 2,044 353 135,614 125,959 125,959 9,655 320,700 - 330,355 |
|---|---|---|---|---|
Movements on all reserves and all recognised gains and losses are shown above. All of the organisation’s operations are classed as continuing.
The notes on pages 8 to 14 form part of these financial statements.
Page | 6
GLENDALE CHURCH
(CHARITABLE INCORPORATED ORGANISATION)
BALANCE SHEET
AS AT 31ST DECEMBER 2023
| Notes FIXED ASSETS Tangible assets 2 TOTAL FIXED ASSETS CURRENT ASSETS Debtors & Prepayments 7 Cash at bank and in hand 6 CREDITORS: Amounts falling due within one year 8 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS: Amounts falling due in more than one year 9 NET ASSETS FUNDS OF THE CHARITY Restricted funds 5 Unrestricted funds |
Unrestricted funds £ 73,458 73,458 20,150 64,175 84,325 (2,776) 81,549 155,007 - £ 155,007 - 155,007 £ 155,007 |
Restricted funds £ 175,000 175,000 - 3,667 3,667 (1,200) 2,467 177,467 - £ 177,467 177,467 - £ 177,467 |
31 Dec 2023 Total £ 248,458 248,458 20,150 67,842 87,992 (3,976) 84,016 332,474 - £ 332,474 177,467 155,007 £ 332,474 |
31 Dec 2022 Total £ 256,072 256,072 14,458 62,097 76,555 (2,272) 74,283 330,355 - £ 330,355 175,841 154,514 £ 330,355 |
|---|---|---|---|---|
The financial statements were approved by the Trustees on 26th September 2024.
Signed on their behalf by Trustee:
Print Name: Neil Atherton
Page | 7
GLENDALE CHURCH
(CHARITABLE INCORPORATED ORGANISATION)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
1. ACCOUNTING POLICIES
Basis of Preparation
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP - FRS102) and the Charities Act 2011.
The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.
Assessment of Going Concern
Preparation of the accounts is on a going concern basis. The trustees have carefully evaluated all current risks (including any potential ongoing impact of Covid-19) and consider that there are no material uncertainties about the Charity's ability to continue as a going concern.
Incoming Resources
Recognition of Incoming Resources
These are included in the Statement of Financial Activities (SOFA) when:
-
the charity becomes entitled to the resources;
-
the trustees are virtually certain they will receive the resources; and
-
the monetary value can be measured with sufficient reliability.
Incoming Resources with Related Expenditure
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.
Grants and Donations
Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Tax Reclaims on Donations and Gifts
Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate.
Contractual Income and Performance Related Grants
This is only included in the SOFA once the related goods or services has been delivered.
Gifts in Kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gilts in kind for sale or distribution are included in the accounts as gifts only if material, when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.
Donated services and facilities
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
Volunteer Help
The value of any voluntary help received is not included in the accounts.
Page | 8
GLENDALE CHURCH
(CHARITABLE INCORPORATED ORGANISATION)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
Investment Income
This is included in the accounts when receivable.
Investment Gains and Losses
This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
Expenditure and Liabilities
Liability Recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Governance Costs
These include costs of the preparation and examination of statutory accounts, the costs of the trustees’ meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with Performance Conditions
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.
Grants Payable without Performance Conditions
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remains in the control of the charity.
Pensions
Pension contributions are charged to the Statement of Financial Activities as they become payable.
Assets
Investment Assets
Investments quoted on a capitalised stock exchange are valued at market value at the year end. Other investment assets are included at trustees’ best estimate of market value.
Tangible Fixed Assets
Fixed Assets are capitalised if they can be used for more than one year and cost at least £1,000. They are valued at cost or, if gifted, at the value to the charity on receipt.
Land & Buildings
Land and Buildings have been valued and included within the accounts at cost value as at the 20[th] August 2018.
Depreciation Expense
No amortisation is charged to freehold property as the property is maintained to such a standard that the estimated residual value is not less than cost. Fixtures and Fittings associated with the refurbishment work have been depreciated from the start of the year on a straight-line basis over 10 years. Equipment purchased in year is depreciated over 5 years.
Page | 9
GLENDALE CHURCH
(CHARITABLE INCORPORATED ORGANISATION)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
2. TANGIBLE FIXED ASSETS
| COST 01-JAN-23 ADDITIONS DISPOSALS COST AS AT 31-DEC-23 DEPRECIATION 01-JAN-23 CHARGE DISPOSALS DEPRECIATION AT 31-DEC-23 NET BOOK VALUE 31-DEC-23 NET BOOK VALUE 31-DEC-22 |
LAND & FIXTURES & EQUIPMENT 2023 BUILDING FITTINGS TOTAL £ 175,000 £ 100,204 £ 2,322 £ 277,526 - - 3,078 - - - 3,078 - |
|---|---|
| 175,000 103,282 2,322 280,604 |
|
| - (20,409) (1,045) (21,454) (10,228) (464) (10,692) - - - - |
|
| - (30,637) (1,509) (32,146) |
|
| 175,000 72,645 813 248,458 |
|
| 175,000 79,795 1,277 256,072 |
The annual commitments under non-cancelling operating leases and capital commitments are as follows:
31[st] December 2023: None
Page | 10
GLENDALE CHURCH
(CHARITABLE INCORPORATED ORGANISATION)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
3. INCOMING RESOURCES
| UNRESTRICTED | RESTRICTED | TOTAL | TOTAL | ||
|---|---|---|---|---|---|
| NOTE | FUNDS | FUNDS | 2023 | 2022 | |
| £ | £ | £ | £ | ||
| A) DONATIONS & LEGACIES | |||||
| GIFTS, TITHES & OFFERINGS | 88,673 | 11,404 | 100,077 | 113,286 | |
| GRANTS | - | 5,827 | 5,827 | 5,678 | |
| GIFT AID TAX RECOVERED | 16,948 | 2,425 | 19,373 | 14,253 | |
| 105,621 | 19,656 | 125,277 | 133,218 | ||
| B) CHARITABLE ACTIVITIES | |||||
| CHARITABLE ACTIVITIES | 719 | - | 719 | 2,044 | |
| 719 | - | 719 | 2,044 | ||
| C) INVESTMENTS | |||||
| BANK INTEREST | 1,571 | - | 1,571 | 353 | |
| 1,571 | - | 1,571 | 353 | ||
| 4.RESOURCES EXPENDED | |||||
| UNRESTRICTED | RESTRICTED | TOTAL | TOTAL | ||
| FUNDS | FUNDS | 2023 | 2022 | ||
| £ | £ | £ | £ | ||
| A) CHARITABLE ACTIVITIES | |||||
| ACTIVITIES & EVENTS | 1,753 | 100 | 1,853 | 3,013 | |
| ADVERTISING, PUBLICITY & WEBSITE | 3,859 | - | 3,859 | 2,958 | |
| BANK CHARGES | 365 | - | 365 | 340 | |
| CHILDREN & YOUTH | 1,407 | 630 | 2,037 | 2,272 | |
| CLEANING & FACILITIES | 889 | 36 | 925 | 1,803 | |
| DEPRECATION & AMORTISATION | 2 | 10,692 | - | 10,692 | 10,385 |
| MISSIONARIES & PASTORAL CARE | 10,139 | 5,087 | 15,226 | 10,120 | |
| DONATIONS TO ORGANISATIONS | 2,000 | 1,200 | 3,200 | 2,050 | |
| INSURANCE COSTS | 1,166 | 121 | 1,287 | 1,763 | |
| LEGAL & PROFESSIONAL FEES | 532 | - | 532 | 956 | |
| LICENSES & SUBSCRIPTIONS | 450 | 720 | 1,170 | 2,056 | |
| OFFICE & ADMINISTRATIVE | 231 | 110 | 341 | 803 | |
| RENT & RATES | 6,816 | - | 6,816 | 6,262 | |
| REPAIRS & MAINTENANCE | 4,268 | 65 | 4,333 | 216 | |
| SALARIES, WAGES & PENSIONS | 10 | 57,093 | 9,684 | 66,777 | 77,470 |
| SUNDRIES | 43 | - | 43 | 127 | |
| TRAINING COSTS | 1,365 | - | 1,365 | 187 | |
| TRAVEL COSTS | 911 | 67 | 978 | 534 | |
| UTILITIES (INCL BROADBAND) | 1,975 | 210 | 2,185 | 2,453 | |
| WORSHIP & SUNDAY SERVICE COSTS | 1,463 | - | 1,463 | 191 | |
| 107,418 | 18,030 | 125,448 | 125,959 |
GOVERNANCE COSTS INCLUDED IN LEGAL & PROFESSIONAL FEES ABOVE INDEPENDENT EXAMINATION - - LEGAL FEES - -
Page | 11
GLENDALE CHURCH
(CHARITABLE INCORPORATED ORGANISATION)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
5. RESTRICTED FUNDS
| GLENDALE THATCHAM YOUTH WORK CAP LIFE SKILLS CHURCH NEEDS FUND OVERSEAS HUMANITARIAN OTHER GLENDALE THATCHAM YOUTH WORK CAP LIFE SKILLS WELCOME BOXES CHURCH AWAYDAY OVERSEAS MISSION CHARITY DONATIONS |
CURRENT YEAR BALANCE TRANSFER BALANCE 01-JAN-23 £ INCOME £ EXPENDITURE £ OF FUNDS £ 31-DEC-23 £ 175,000 - - - 175,000 - 12,744 (10,314) - 2,430 841 583 (1,424) - - - 5,087 (5,087) - - - 1,200 (1,200) - - - 42 (5) - 37 |
|
|---|---|---|
| 175,841 19,656 (18,030) - 177,467 |
||
| PREVIOUS PERIOD BALANCE TRANSFER BALANCE 01-JAN-22 £ INCOME £ EXPENDITURE £ OF FUNDS £ 31-DEC-22 £ 177,305 - - (2,305) 175,000 - 6,000 (6,000) - - - 2,000 (1,159) - 841 - 2,018 (2,018) - - - 225 (225) - - - 50 (50) - - - 73 (73) - - |
||
| 177,305 10,366 (9,525) (2,305) 175,841 |
The Glendale Thatcham Fund consists of the freehold property known as ‘The Well’. Other restrictions represent grant income or gifts for specific purposes as outlined above.
6. CASH AT BANK AND IN HAND
| 6. CASH AT BANK AND IN HAND | |
|---|---|
| CASH AT BANK & IN HAND 7. DEBTORS AND PREPAYMENTS PREPAYMENTS ACCRUED INCOME GIFT AID TAX RECOVERABLE |
UNRESTRICTED RESTRICTED TOTAL TOTAL FUND FUND 31-DEC-23 31-DEC-22 £ £ £ £ 64,175 3,667 67,842 62,097 |
| 64,175 3,667 67,842 62,097 |
|
| UNRESTRICTED RESTRICTED TOTAL TOTAL FUND FUND 31-DEC-23 31-DEC-22 £ £ £ £ 679 154 19,317 - - - 679 154 19,317 58 402 13,998 |
|
| 20,150 - 20,150 14,458 |
Page | 12
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
GLENDALE CHURCH
(CHARITABLE INCORPORATED ORGANISATION)
8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| SUNDRY CREDITORS | UNRESTRICTED RESTRICTED TOTAL TOTAL FUND FUND 31-DEC-23 31-DEC-22 £ £ £ £ 2,776 1,200 3,976 2,272 |
|---|---|
| 2,776 1,200 3,976 2,272 |
9. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR
The CIO held no long-term liabilities during the financial year or the prior year.
10. STAFF COSTS AND NUMBERS
| GROSS WAGES & SALARIES EMPLOYER'S NATIONAL INSURANCE COSTS PENSION CONTRIBUTIONS TEMPORARY STAFF COSTS Employees who were engaged in each of the following activities: (Full time equivalent) ACTIVITIES IN FURTHERANCE OF ORGANISATION'S OBJECTS |
2023 £.... 62,828 806 3,143 - |
2022 £ 72,348 1,647 3,474 - |
|
|---|---|---|---|
| 66,777 | 77,470 | ||
2.1 |
2.3 |
No employees received emoluments in excess of £60,000.
Page | 13
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
GLENDALE CHURCH
(CHARITABLE INCORPORATED ORGANISATION)
11. TRUSTEES AND OTHER RELATED PARTIES
During the financial year Mr Stephen Gregory (father-in-law to Trustee Mrs Amy Gregory) received £9,946 (2022: £829) in salary related payments and Pension Contributions in his capacity as Administrator for Glendale Church in furthering the Charity's objects.
During the financial year Mrs Rachael Joyce (Spouse to Trustee Mr Owen Joyce) received £14,900 (2022: £4,730) in salary related payments and Pension Contributions in her capacity as Leader of Youth Ministry for Glendale Church in furthering the Charity's objects.
No other payments were made to trustees or any persons connected with them during this financial period. No other material transaction took place between the organisation and a trustee or any person connected with them.
12. RISK ASSESSMENT
The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
13. RESERVES POLICY
The trustees have considered the level of reserves they wish to retain, appropriate to the CIO's needs. This is based on the CIO's size and the level of financial commitments held. The trustees aim to ensure the CIO will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily.
14. PUBLIC BENEFIT
The CIO acknowledges its requirement to demonstrate clearly that it must have charitable purposes or 'aims' that are for the public benefit. Details of how the CIO has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the CIO should undertake.
Page | 14
GLENDALE CHURCH
(CHARITABLE INCORPORATED ORGANISATION)
INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS
Report to the Trustees/members of Glendale Church on the accounts for the year ended 31[st] December 2023 set out on pages 4 to 14.
Respective responsibilities of trustees and examiner
The Charity's trustees are responsible for the preparation of the accounts. The Charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
examine the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the general Directions given by the Charity Commission under section145(S)(b) of the Charities Act, and; to state whether particular matters have come to my attention.
Basis of independent examiner's 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 the 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.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
- which gives me reasonable cause to believe that in, any material respect, the requirements: to keep accounting records in accordance with section 130 of the Charities Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Simon Green 17C Wendan Road Newbury Berkshire RG14 7AG
Date: 26[th] September 2024
Page | 15