**REGISTERED CHARITY NUMBER: 1187818** 

Report of the Trustees and 

Unaudited Financial Statements for the Year Ended 31 March 2023 

for 

Gloria E. Marco Charity 

Ark Accountancy Chartered Certified Accountant 31 Cheam Road Epsom Surrey KT17 1QX 



Gloria E. Marco Charity 

Contents of the Financial Statements for the Year Ended 31 March 2023 

|||Page||
|---|---|---|---|
|Report of the Trustees||1||
|Independent Examiner's Report||2||
|Statement of Financial Activities||3||
|Balance Sheet||4||
|Notes to the Financial Statements|5|to|7|
|Detailed Statement of Financial Activities||8||





rtoftheT
The Iruslecb prtscnl their r¢Fxxt with th¢ fm8nci#l s¢a*mthts of the chariiy for the year fJMled 31 March 2023. Tr
L%tees have adopted the ￿{￿viSi{￿S ot Accounting and Rqx)rting by Charitits". ot Rccotnmcnded PJ7cticc
applicable io chariues weparÈn8 their aecourtts in accoTdance with the FDwKial Re￿￿1n8 Standard applicable in the
UK and Republhc of lrtland IFRS 1021 l¢ff¢ctive l January 20191.
OWECTII'FS AND AcfiviTIES
The Charity was esthblished to rak¢ ovcr th¢ w￿k preVioL￿Y carried out by the SrKicry for thc PrO￿¢v￿ of Anciciir
Buildingb Ircgisi¢rcd ¢harily 1113733) and ils iniiiai Inc￿￿¢ vi)be fTWI th¢ traEt6fu of th¢ baiaxKeti of monies hcld in
thai LharitLe%"Gl(Trria e MurLO Award Fund"
The charity's objects arc rc5tri¥ted S￿lfIcallY for the public ixnefit io advance ethuiion in bjildtng ¢onservatL(MI.
incluth'iig thc cor4%¢rvalion of historic I￿lIdin￿ with particular r¢fcr¢nc¢ lo th¢ fi¢lL% o( archiiLYuwe. consUWliOn.
structurlll ￿¥incering and Iwilding techniques used to C(MtsaVe Ind rrpair ￿lIdIng5.
STRucfuRE. GUVERYANCE A￿TI MANAGE￿IENT
Governlng doc￿￿¢￿1
Tlie Lh￿IlY Ll> L(>ntr()Iled by its 8oveming a cons1intti￿. cunsfilllles 4 charithble in¢orTX)rat￿l
organisaiion, company numbcr C'.EO?0611, a chariry regkstered as a L￿dY cory￿)￿¢¢ und¢r PArt I l of the Chariuu Aci
2011.
REFLREYCE AYD ADMIYISTRATIVE DETAILS
RL'%lslcred Charlty nthmbtr
Prlndp81 Addre
Trustee$
T P Bry#uII
C J Daw%on
M.5 A A J Valmaran
Ms C T) Fluil
Mb A Bucca
MSLLMBu￿ett
Ms L J A Ilannisttt
Ms A Flnjlatto
Ms S M¥DonouBh
Ms L M(TrT¥(Lnie
IndeptndeDI E%Amltser
Mdry E Rvdii FCCA. DChA
Ark ALLi)unLLniy
L'hartered Certitied Accounlani
31 Cheam Road
Epsom
Sutt¥y
KT17 IQX
Approvcd by thkrofthc oftnL5txs th 28 January 2024 a[￿ signcd on its IKkLalf by:
]_ PJ-L
Ms L Mor8antr. TnLStee

Independent Examiner's Report to the Trustees of Gloria E. Marco Charity 

## **Independent examiner's report to the trustees of Gloria E. Marco Charity** 

I report to the charity trustees on my examination of the accounts of Gloria E. Marco Charity (the Trust) for the year ended 31 March 2023. 

## **Responsibilities and basis of report** 

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). 

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. 

## **Independent examiner's statement** 

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 

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. 

Mary E Ryan FCCA, DChA 

Ark Accountancy Chartered Certified Accountant 31 Cheam Road Epsom Surrey KT17 1QX 

29 January 2024 

Page 2 



Gloria E. Marco Charity 

## Statement of Financial Activities for the Year Ended 31 March 2023 

|Year Ended<br>31.3.23<br>Unrestricted<br>fund<br>Notes<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>25,000<br>**EXPENDITURE ON**<br>**Charitable activities**<br>Charitable expenses<br>6,649<br>**NET INCOME**<br>18,351<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>84,524<br>**TOTAL FUNDS CARRIED FORWARD**<br>102,875|Period<br>1.10.21<br>to<br>31.3.22<br>Total<br>funds<br>£<br>84,053|
|---|---|
||-|
||84,053<br>471|
||84,524|



The notes form part of these financial statements 

Page 3 



E. Marco Charit
Balanc¢
31.3.?3
31.3.29
Totsj
funds
fu
CURRENT ASSETS
C￿h at bank
I03J25
84.524
CREDITORS
Amounis I￿lIn8 due within orte year
14501
NET CURRENT ASSETS
102375
84.524
TOTAL ASSETS LESS CURRENT
LIABILITIES
102.875
84.S24
NET ASSETS
102.875
84.524
FUNDS
lJnrL5tricled fuThJs
102.875
84.524
TOTAL FUNDS
102.875
84.524
The lin&ncithl 5￿meN5 wyre B￿rov(d by the Board ofTnLqVS •Thl gutlMYisd for issue oft........-................. ...
nd were $iBned on its behalf by..
L M(Trr84ni¢- I'nwL
A HU¥￿- TTUStL
I"hL TNrt¢s f(m part ot"thc5e financial 5th*merts

Gloria E. Marco Charity 

Notes to the Financial Statements for the Year Ended 31 March 2023 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charity, 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 Charities Act 2011. 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. 

## **Taxation** 

The charity is exempt from 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. 

## **2. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the period ended 31 March 2022. 

## **Trustees' expenses** 

Expenses totalling £1,802 (2022 £ni) were reimbursed to one trustee. 

## **3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** 

||Unrestricted|
|---|---|
||fund|
||£|
|**INCOME AND ENDOWMENTS FROM**||
|Donations and legacies|84,053|
|**NET INCOME**|84,053|
|**RECONCILIATION OF FUNDS**||
|Total funds brought forward|471|



Page 5 

continued... 



Gloria E. Marco Charity 

Notes to the Financial Statements - continued for the Year Ended 31 March 2023 

## **3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued** 

||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|
||||||fund||
||||||£||
||**TOTAL FUNDS CARRIED FORWARD**||||84,524||
|**4.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE**|**YEAR**|||||
|||||31.3.23|31.3.22||
|||||£|£||
||Other creditors|||450||-|
|**5.**|**MOVEMENT IN FUNDS**||||||
|||||Net|||
|||||movement|At||
|||At|1.4.22|in funds|31.3.23||
||||£|£|£||
||**Unrestricted funds**||||||
||General fund|84,524||18,351|102,875||
||**TOTAL FUNDS**|84,524||18,351|102,875||
||Net movement in funds, included in the above are as follows:||||||
|||Incoming||Resources|Movement||
|||resources||expended|in funds||
||||£|£|£||
||**Unrestricted funds**||||||
||General fund|25,000||(6,649)|18,351||
||**TOTAL FUNDS**|25,000||(6,649)|18,351||
||**Comparatives for movement in funds**||||||
|||||Net|||
||||At|movement|At||
|||1.10.21||in funds|31.3.22||
||||£|£|£||
||**Unrestricted funds**||||||
||General fund||471|84,053|84,524||
||**TOTAL FUNDS**||471|84,053|84,524||



Page 6 

continued... 



Gloria E. Marco Charity 

Notes to the Financial Statements - continued for the Year Ended 31 March 2023 

## **5. MOVEMENT IN FUNDS - continued** 

Comparative net movement in funds, included in the above are as follows: 

||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|84,053|-|84,053|
|**TOTAL FUNDS**|84,053|-|84,053|



## **6. RELATED PARTY DISCLOSURES** 

There were no related party transactions for the year ended 31 March 2023. 

Page 7 



Gloria E. Marco Charity 

Detailed Statement of Financial Activities for the Year Ended 31 March 2023 

|Detailed Statement of Financial Activities<br>for the Year Ended 31 March 2023|||
|---|---|---|
|||Period|
|||1.10.21|
||Year Ended|to|
||31.3.23|31.3.22|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|25,000|84,053|
|**Total incoming resources**|25,000|84,053|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Travel & other expenses|3,915|-|
|Scholarship fees|972|-|
||4,887|-|
|**Support costs**|||
|**Management**|||
|Postage and stationery|312|-|
|Website costs|650|-|
||962|-|
|**Governance costs**|||
|Accountancy fees|800|-|
|Total resources expended|6,649|-|
|**Net income**|18,351|84,053|



This page does not form part of the statutory financial statements 

Page 8