REGISTERED COMPANY NUMBER: CE014427 (England and Wales) REGISTIRED CHARITY NUMBER: 1178933 ort of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2022 for The Ben amin Pritchard Foundation CIO Harpers & Co I st Floor Premier House 127 Duckmoor Road Bristol BS3 2BJ
The Ben amin Piitchard Foundation CIO Contents of the Financial Statements for the Year Ended 31 Mai'ch 2022 Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 11 8 to 131*-. Detailed Statement of Financial Activities 14
The Ben amin Pritchai'd Foill]dation CIO ort of the Trustees for the Year Ended 31 March 2022 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 March 2022. The trustees have adopted the provisions of Accounting aiid Reporting by Chai"ities: Statement of Recommended Practice applicable to chai"ities pi'eparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I January 2019). STRucfuRE, 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 CE014427 (England and Wales) Registered Charity number 1178933 Registered office 3 Gardner Road Portishead Bristol BS20 7ER Trustees MASmith S J Snook Mrs E R Snook D J Harnian S J Pritchard S L Pritchard Company Secretary Independent Examiner Harpers & Co 1st Floor Premier House 127 Duckmoor Road Bristol BS3 2BJ Approved by order of the board of trustees on 27 Januaiy 2023 and signed on its behalf by: Page I
The Ben amin Pritchard Foundation CIO ort of tlie Trustees for the Year Ended 31 M'Ch 2022 D J Hannan - Trustee Page 2
Iiide eiident Examinei s Re ort to the Tru,stees of The Ben amin Pritchard Foundation CIO Independent examiner's report to the trustecs of The Benjamin Pritchard Foundation CIO ('the Company,) I repoit to the charity trustees on my examination of the accoiints of tlie Company for the year ended 31 March 2022. Responsibilities and basis of report As the charity's ts'ustees of the Company (and also its directors for tlie pui"poses of company law) you aiE responsible for tlie pi'eparation of the accouiits in accordance with tlie requircments of the Companies Act 2006 ('the 2006 Act,). Having Scltisfied myself tliat tlie accounts of the Company al'e not requii'ed to be audited undei. Part 16 of tlie 2006 Act and are eligible for independent examinalion, I report in respect of my examination of your charily's accoiints as carried oiit under section 145 of the Cliarities Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission undei" section 145(5) (b) of tlie 2011 Acl. Page 3
Inde endent Examinei s Re oit to tlie Trustccs of The Ben amin Pritcliard Foundation CIO 11 Independent examiner's statement I have completed my examination. I confirni that no mattei"s have comc to my attcntion in 11 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 tliat the accounts gjive a tive and fair view which is not a matter considei'ed as part of an independent examination. oi. Ihe accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accountingi and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ii'eland (FRS 102)). I have no concerns and have come across no other malteis in connection with the examination to which attention should be drawn in this I'eport in ol.der to enable a proper understanding of the accounts to be reached. Harpers & Co Harpers & Co 1st Floor Premier House 127 Duckmoor Road Bristol ,BS3 2BJ 27 January 2023 Page 4
The Ben amin Pritcliard Foimdation CIO Statement of Financial Activities for the Year Ended 31 Marcli 2022 31.3.22 31.3.21 Unrestricted Total fund funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 16,201 23,266 EXPENDITURE ON Raising funds 30,170 21,814 NET INCOME/(EXPENDITURE) (13,969) 1,452 RECONCILIATION OF FUNDS Total funds brougl)t forward 83,930 82,478 TOTAL FUNDS CARRIED FORWARD 69,961 83,930 The rA)tes fonn part ofthex fjnonclol >t#:t¢FIWF}t ' Page S
The Ben amin Pritchard Foundation CIO Balance Sheet 31 March 2022 31.3.22 31.3.21 Unrestricted Total fund funds Notes FIXED ASSETS Tangible assets 68 90 CURRENT ASSETS Cash at bank 70,397 84,340 CREDITORS Amounts falling due within one yeai. (504) (500) NET CURRENT ASSEI TS 69,893 83,840 TOTAL ASSETS LESS CURRENT LIABILITtES 69,961 83,930 NET ASSETS 69,961 83,930 FUNDS Unrestricted funds 69,961 83,930 TOTAL FUNDS 69,961 83,930 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 fjnancial 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. Tlie Iiotes foini P<lrt of tliese fiiiic ncial sialeineiits
The Ben amin Pritchard Foundation CIO Balance Sheet - continued 31 March 2022 These financial statements have been prepared in accordancc witli the provisions applicable to 11 charitable companies subject to the small companies regime. The financial statements were appi'oved by the Boai'd of Trustees and authorised for issue. on 27 January 2023 and were signed on its belialf by: D J Harn]an - Trustee The notes forni part of these financial statements Pae 7
The Ben amin Pritchard Foundation CIO Notes to the Financial Statements for the Year Ended 31 March 2022 ACCOUNTING POLICIES Basis of preparing tlie 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 l Januaiy 2019),, Financial Reporting Standard 102 'The Financial Repoiting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the Iiistorical 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 expenditu"rè" it is probable tliat 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 headiiigs they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings 25 % on reducing balance 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. Page 8 continued...
The Ben amin Pritchai"d Foiindation CIO Noles to the Financial Statements - continued for the Year Ended 31 Mai'cli 2022 RAISING FUNDS Raising donations and legacies 31.3.22 31.3.21 Support costs 30,170 21,814 NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated aftei" charging/(crediting): 31.3.22 31.3.21 Depreciation - owned assets 22 30 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration oi. otliei. bencfits foi. the year ended 31 mai.ch 2022 nor for the year ended 31 March 2021. Trustees, exp,enses There were no :trustees' expenses paid for the yeai. ended 31 March 2022 nor for the year ended 31 March 2021. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donations and Iegacies 23,266 EXPENDITURE ON Raising funds 21,814 NET INCOME 1,452 RECONCILIATION OF FUNDS . Total funds brought forward 82,478 Page 9 continued...
The Ben amin Pritchard Foundation CIO Notes to the Financial Statements - continued for the Year Ended 31 March 2022 COMPARATIVES FOR THE STATEMENT OF f4lNANCTAL ACTIVITIES- continued Unrestricted fund TOTAL FUNDS CARRIED FORWARD 83,930 TANGIBLE FIXED ASSETS Fixtures fittings COST At l April 2021 and 31 March 2022 159 DEPRECIATION At l April 2021 Charge for year 69 22 At 31 March 2022 91 NET BOOK VALUE At 31 March 2022 68 At 31 March 2021 90 Page10 continued...
The Ben'amin Pritchai"d Foundation CIO Notes to the Financial Statemenls - continued foi. the Year Ended 31 March 2022 CREDITORS: AMOUNTS FALLING DUE WITHIN ONI4 YEAR 31.3.22 31.3.21 Acci'uals and defei.red income 504 500 MOVEMENT IN FUNDS Net movèment in funds At 31.3.22 At 1.4.21 Unrestricted funds General fund 83,930 (13,969) 69,961 TOTAL FUNDS 83,930 (13,969) ,69,961 Net movement in funds, included in the above ai"e as follows: Incoming Resources Movement resources expended in funds Unrestricted funds General fund 16,201 (30,170) (13,969) TOTAL FUNDS 16,201 (30,170) (13,969) Comparatives for movement in funds Net movement in funds At 31.3.21 At 1.4.20 Unrestricted funds General fund 82,478 1,452 83,930 TOTAL FUNDS 82,478 1,452 83,930 Pagell continued...
The Ben'amin Pri(chai'd Foundation CIO Notes to the Financial Statements - continued for the Year Ended 31 March 2022 MOVEMENT IN FUNDS- continued Comparative net movement in fuiids, included in the above are as follows: Incoming Resources Movement resources expended in funds Unrestricted funds General fund 23,266 (21,814) 1,452 TOTAL FUNDS. 23,266 (21,814) 1.452 A current year 12 months and prior year12 months combined position is as follows: Net movement in funds At 31.3.22 At1.4.20 Unrestricted funds General fund,: ' 82,478 (12,517) 69,961 TOTAL FUNDS 82,478 (12,517) 69,961 A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: Incoming Resources Movement resources expended in funds Unrestricted funds General fund 39,467 (51,984) (12,517) TOTAL FUNDS:; 39,467 (51,984) (12,517) Page 12 continued...
The Ben amin Pritchard Foundation CIO Notes to the Financial Statements - continued for the Year Ended 31 Mai'ch 2022 RELATID PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2022. Page 13
The Ben amin Pritchai'd Foundation CIO Detailed Statement of Financial Activities for the Year Ended 31 March 2022 31.3.22 31.3.21 INCOME AND ENDOWMENTS Donations and legacies Grants Donations Fundraising 1,000 3,158 12,043 9,921 13,345 16,201 23,266 Total incoming resources 16,201 23,266 EXPENDITURE Support costs Management Just Giving Computer costs Postage and stationery Support Services 216 299 360 254 21 20,645 29,120 29,640 21,280 Other Depreciation of tangible red assets 22 30 Governance costs Accountsncy and legal fees 508 504 Total resources expended 30,170 21,814 Net (expenditure)/income (13,969) 1,452 This page does not forn] part of the statutory financial statements Page 14