REGISTERED COMPANY NUMBER: 11318802 (England and Wales) REGISTERED CHARrfY NUMBER: 1181206 Report of tbe Trnsttts and Unaudited Financil Stttmtnts for the Ytar Ended 30 Aprll 2024 for Cooper Associates Foundation 111 èADVG2Il. 01ffj2125 COMPANIES HOUSE A11 Cooper Associaies Accountants Ltd 40 St James Buildings St James Street Taunton TAI IJR
Cooper Associates Follndatio Contents of tbe Fintscial Statements for tbe Year Ended 30 April 2024 Page Report gf the Trustees StAtement of Fillineixl Aetivities Notes to the FinallciAI Statements Detfiled stalent of FIn*ncl Artivitses
Cooptr Assoeiates Foundailon Report of the TTU5ttts for th¢ Year Ended 30 April 2024 Th¢ twst¢es who are also directors of the charity for the pu$¢$ of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 April 2024. The trusl¢es have adopted the provisions of AoUntIng and Reporting by CForities". Ststement of Recommended Practice applicable to charities preparing their aoUnt$ in aordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS I02) (efftiVe l January 2019). STRUCTURE. GOVERNANCE AND MANAGEMENT Governlllg document The charity is controlled by its governing document. a deed of t11. and wnstitut a limited company, limited by guarantee, as defLned by the Companies Act 2006. REFERENCE AND ADMINtSTRATIVE DETAILS Registered Company number 11318802 (England at Wales) Registered Charity number 1181206 Registered otTice 40 St James Buildings St James Street Taunton Somer5et Trustee$ Mrs S D Jackson K J Parsons N Wyatt T Abell Mrs V Tremear Approved by order of the board of trustees on 31 January 2025 and signed on its behalf by: Mr K J Par50ns - Trustee Page I
Cooper Avso¢iates Foundation Statement of FiD*pci#I Aetlvltles for the Year Ended 30 April 2024 2024 Unrestricted flmd 2023 Total funds Notes llYCOME AND ENDOWMENTS FROM Donations and legacies 27.4 38.972 EXPENDITURE ON Charitable activities Donations 22.823 42.071 Other 69 Total 22.883 42.140 NET INCOMFJ(EXPENDrruRE) 4.607 (3,168) RECONCILIATION OF FUNDS Total fund5 brought forward 7.883 11,051 TOTAL FUNDS CARRtED FORWARD 12.4 7.883 The notes forni part of these fiDancial statements Page 2
Cooptr Assoeiates Foundation Balance Sheet 30 April 2024 2024 Unrestricted fimd 2023 Total funds Notes CURREiYf ASSETS Cash at bank 12.490 7,883 NET CURRENT ASSETS 12.490 7.883 TOTAL ASSETS LESS CURRENT LIABILllEs 12.49x1 7.883 NET ASSETS 12.490 7.883 Unrestricted lld$ 12.490 7.883 TOTAL FUNDS 12.490 7,883 The charitable company is entitled to exwtion frotn audit under Section 477 of the Companies Act 21)06 for the year ended 30 April 2024. The members have not required the company to obtain an audit of its fllwi¢ial statements for the year cndpAI 30 April 2024 in ordance with Section 476 of the Companies Act 2006. Th¢ tntslees acknowledge their responsibilities for (a) ensuring that the clritable company keeps accounting records tbat comply with Sections 386 and 387 of the Companies A¢t 2006 and (b) preparing falat statements which give a true and fair VI of the state of affaiTS of the charitable company as at the end of eaeh financial year and of its surplus or deficil for each fmaneial year in accordance with the requirements of Stttions 394 and 395 and which otherwise comply with the requirements of the compani Act 26 relating to financial statements, so far as applicable to the charitable company. These funCIal staternents have be¢n prepared in accordance with the provisions appIlble to cEwitable companies subject to the small companies regime. The financial statements were approved by the Board of Tte£S and aUtriSed for issue on 31 January 2025 and were signed on its behalf by: Mr K J Parsons- Tntstee The notes forni part of these fitwicial statements Page 3
Cooper AJsociAtes Foundatlo Notes to the Fin*Dcial Statements for the Y¢ar Ended 30 April 2024 ACcourING POLICIES Basis of preparing the financial statements The financial statements of the ckwitable company. which is a public benefit entity under FRS 102. have been prepared in accordance with the Charitie5 SOIIP (FRS 102) 'Ac¢ounting and Reporting by Charities: Statement of Recommended Prdctice applicable io charities prqiaring their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019)., Financial Reporting Standard 102 The Financial Reportin8 Standard applicable in the UK and Republic of Ireland. and the Companies Act 2006. Th¢ fll)an¢ial statements have been prepared under the historical cost conventi. [Dme All incorne is recognised in the Statement of Financial Activitie5 ollce the charity has entitlement to the funds, it is probable that the incotne will be received and the amount can be measured reliably. Expendilure Ltabilities are recognised as expenditure as soon as the is a legal or constructive obligation committing the charity to that expenditure. it is probable that a transfer of ecotlomic benefits will b¢ requir¢d in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and ha5 been classified under headings that aggregate all cost related to the category. Where costs cannot be direLtly attributed to particular h¢adings they hav¢ been allocal¢d lo activities on basis ¢OnSiSt¢nt with th¢ use of r¢sources. Grants offered subjeLt to conditions which have not been met at the year end date are noted as a comrnitii]eTht but not accrued as expenditure. Taxition The charity is exempt from COTporation tax on its charitsble activities. Fund accounting Unrestricted fimds wi be used in accordanc¢ with the ¢hatitsbl¢ objectives at the discretion of the Irusl¢¢s. Reslrtcted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions aTise when specified by the donoror when funds are rdised forparticular restricted purpos¢5. Furtb¢r ¢xplanatioo of th¢ natur¢ and purow of each fund is Includ in the notes to the financial statements. Pag¢ 4 continued...
Cooper Associates Foundatio Notes to the Financial Statements - continued for tlje Year Ended 30 Apnl 2024 TRUSTEES, REMUNERATION AND BENEFrrs There wu¢ no tn]stees' remunerdtion or oiher benefits for the year end 30 ApTiI 2024 nor for the year ended 30 ApTiI 2023. Trustees, expenses There w¢re no trustees, expenses paid for the year ended 30 April 2024 nor for th¢ year cnd¢d 30 April 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVTTIES Unrestricted fid. llYCOME AND ENDOWMENTS FROM Donations and legacies 38.972 EXPENDrruRE ON Charitable Aetlvltles Donations 42.071 Other 69 Total 42.140 NET INCOME <3,168) RECONCILIATION OF FUNDS Total hnds broughi forward 11,051 TOTAL FUNDS CARRIED FORWARD 7.883 Page 5 continued...
Cooper Associates Foundation No¢es lo the FiDancial Statements - ¢ontiDyed for Ibe Year Ended 30 April 2024 MOVEMENT IN FUNDS Net movetnellt in funds At 30.4.24 At 1.5.23 Unrestrirted funds General fiu 7.883 4,607 12,490 TOTAL FUNDS 7.883 4.607 12.490 Net movernent ill fimds. ilded in the above are as follow$.' tncoming Resources resources expended Movement in fimds Unrestricted funds General futxi 27.490 {22.883) 4.607 TOTAL FUNDS 27.490 (22.883) 4,607 Comparatives for movement in fullds Net movement in funds At 30.4.23 At 1.5.22 UDrestricted fuDds General fund 11.051 (3.168) 7.883 TOTAL FUNDS 11,05l (3,168) 7,883 Comparative n¢t movement in funds. included in the atKTrve are as follows: tncoming resources ReSoue$ Movement expended in fulld5 UDrestri¢ted fuuds General fund 38.972 (42,140) (3,168) TOTAL FUNDS 38.972 (42,140} (3,168) Page 6 ntinued...
Cooper A5SOCi•tes Foundation Notes to tbe FinAncial StAtements - continued for the Year Ended 30 Aprll 2024 MOVEMENT IN FUNDS- CODtiDu¢d A current year 12 months and prior year 12 months Mbined )sItion is as follows: movement At 30.4.24 At 1.5.22 Unrestrided funds General fund 11.051 1.439 12,490 TOTAL FUNDS 11.051 1.439 12.490 A current year 12 months and prior year 12 Thths combined net movement in funds, included in the above a as follows.. Incoming Resources Movement resources expended in funds UDrestrieted funds General fund 66.462 (65.023) 1.439 TOTAL FUNDS 66.462 (65,023) (1.439) RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 30 April 2024. Page 7
Cooper Assotl*tes FoundY4tion Detailed Ststement of Financial Adivities for the Year Ended 30 April 2024 2024 2023 INCOME AND ENDOWMENrs Donatirjns and legacies Donations 27.490 38.972 Total incoming resour¢es 27.490 38.792 EXPENDTTtJRE Cbaritable a¢tivities Grants to individuals 22.607 41.855 Support tost$ Management Subscriptions 216 216 Fillince Bank Charges 69 Total OU[ce5 expendeA 22.883 42.140 Net (eXpenditure)rcorne 4,607 (3.168) Thi5 page does not fonn part of the thtutory financial state¥nenis Page 8