Charity registration number 1187958
Company registration number CE020697 (England and Wales)
THE ARTHUR CAMP FOUNDATION TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
THE ARTHUR CAMP FOUNDATION TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees S Camp W Ashurst L Shaw Charity number 1187958 Company number CE020697 Registered office 41 Great Portland Street London W1W 7LA Independent examiner Hardwick & Morris 41 Great Portland Street London W1W 7LA
THE ARTHUR CAMP FOUNDATION TRUST
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the financial statements | 6 - 8 |
THE ARTHUR CAMP FOUNDATION TRUST
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 DECEMBER 2022
The trustees present their annual report and financial statements for the year ended 31 December 2022.
The trustees have adopted the provisions of the 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) (as amended for accounting periods commencing from 1 January 2016).
Objectives and activities
The objectives of the charity are:
1) To contribute towards or for the benefit or furtherance of such charitable institutions or charitable purposes in such manner and (if more than one) in such shares as the Trustees shall in their absolute discretion from time to time determine and in particular but without prejudice to the generality of the foregoing to or towards or for all or any of the charitable purposes.
2) To make grants principally in respect of animal welfare, including the re-homing and veterinary care of domestic animals.
Achievements and performance
The trust remains to support its chosen animal shelters of Rescuing European Animals in Need and Manchester & Cheshire Dogs Home. The support has allowed them to constantly make a tangible difference to the animals being cared for. The funds donated continued to assist on providing the animals a better quality of life, as well as supporting the shelter, which enables them to keep saving lives and give these animals the new lives they deserve. An additional donation was made to purchase a 4x4 to assist with the evacuation of dogs from Ukraine and provide medical supplies and food to shelters. All donations were gratefully received and we will continue to support these shelters and expand our reach in the coming year.
The trust donated to Oak Tree Animals' Charity, with the grant being used towards veterinary costs. The charity has been at the forefront of animal welfare in Cumbria and the surrounding areas and began by aiming to improve the plight of pit ponies, who spent their lives hauling heavy coal in Britain's coal mines. Now they help provide safe places for companion animals in their time of need and help find loving stable homes for the animals in their care through the rehoming program.
Further, the trust donated to the Mayhew Animal Charity. The charity help care for, rehabilitate and rehome cats and dogs and help vulnerable people through their community projects. The donation has helped neuter, vaccinate and microchip over 1,552 animals.
Finally, the trust donated to the Suffolk Owl Sanctuary, who rescue injured wild owls and other birds of prey throughout East Anglia and release them fit, flying and free back to the wild. The donation went towards erecting Hack Pens (soft release aviaries) which are used to rehabilitate wild birds before they are released back into the wild, following a stay at the Raptor Hospital.
Financial review
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
Structure, governance and management
The charity is a company limited by guarantee governed by its Memorandum and Articles of association. It is registered as a charity with the Charity Commission and there are currently 3 trustees, all of whom do not have a beneficial interest in the company.
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THE ARTHUR CAMP FOUNDATION TRUST
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
S Camp W Ashurst L Shaw
The charity currently has no employed staff, with the routine business of the trust being carried out by the trustees. The management of the charities assets are monitored by the board of trustees solely. The trustees meet regularly throughout the year and communicate frequently by telephone/email to discuss trust matters and policies.
The Trustees' report was approved by the Board of Trustees.
.............................. S Camp Trustee
31/10/2023 Date: .............................................
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THE ARTHUR CAMP FOUNDATION TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE ARTHUR CAMP FOUNDATION TRUST
I report to the trustees on my examination of the financial statements of The Arthur Camp Foundation Trust (the charity) for the year ended 31 December 2022, which are set out on pages 4 to 8.
Responsibilities and basis of report
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
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1 accounting records were not kept in respect of the Trust as required by section 386 of the 2006 Act; or
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2 the financial statements do not accord with those records; or
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3 the financial statements 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
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4 the financial statements 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 (FRS 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 financial statements to be reached.
Hardwick & Morris
41 Great Portland Street London W1W 7LA
31/10/2023 Dated: .........................
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THE ARTHUR CAMP FOUNDATION TRUST
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2022
| **Unrestricted ** | Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2022 | 2021 | |||||
| Notes | £ | £ | ||||
| Income from: | ||||||
| Donations and legacies | 2 | 613 | 266,213 | |||
| Investments | 3 | 60 | - | |||
| Total income | 673 | 266,213 | ||||
| Expenditure on: | ||||||
| Charitable activities | 4 | 107,000 | 117,000 | |||
| Other | 5 | 363 | 363 | |||
| Total expenditure | 107,363 | 117,363 | ||||
| Net (expenditure)/income for the year/ | ||||||
| Net movement in funds | (106,690) | 148,850 | ||||
| Fund balances | at 1 January 2022 | 179,258 | 30,408 | |||
| Fund balances at 31 December 2022 | 72,568 | 179,258 |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
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THE ARTHUR CAMP FOUNDATION TRUST
BALANCE SHEET
AS AT 31 DECEMBER 2022
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Current assets | |||||
| Debtors | 8 | 360 | 237 | ||
| Cash at bank and in hand | 72,208 | 179,021 | |||
| 72,568 | 179,258 | ||||
| Net current assets | 72,568 | 179,258 | |||
| Income funds | |||||
| Unrestricted funds | 72,568 | 179,258 | |||
| 72,568 | 179,258 |
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2022.
The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the 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 company.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
31/10/2023
The financial statements were approved by the Trustees on .........................
.............................. S Camp Trustee
Company registration number CE020697
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THE ARTHUR CAMP FOUNDATION TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
1 Accounting policies
Charity information
The Arthur Camp Foundation Trust is a private company limited by guarantee incorporated in England and Wales. The registered office is 41 Great Portland Street, London, W1W 7LA.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's [governing document], the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
1.4 Income
Income is recognised in the Statement of Financial Activities when the charity is legally entitled to it, can be measured reliably, and it is probable that income will be received.
1.5 Resources expended
Expenses are recognised in the Statement of Financial Activities, when the charity has a legal or constructive obligation, which can be measured reliably and it is probable that a transfer of economic benefits will be required in settlement. Expenditure is accounted for on an accruals basis and have been classified under headings that aggregate all cost related to the category.
2 Donations and legacies
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Donations and gifts | 613 | 266,213 |
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THE ARTHUR CAMP FOUNDATION TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022
3 Investments
| Unrestricted | Total | |
|---|---|---|
| funds | ||
| 2022 | 2021 | |
| £ | £ | |
| Interest receivable | 60 | - |
| Grant and donations | ||
| 2022 | 2021 | |
| £ | £ | |
| Manchester & Cheshire Dogs Home | 24,000 | 24,000 |
| Rescuing European Animals in Need | 48,000 | 36,000 |
| Nowzad Charity | - | 50,000 |
| Pet Fostering Service | - | 5,000 |
| Mayhew Animal Home | 10,000 | 2,000 |
| Suffolk Owl Sanctuary | 10,000 | - |
| Oak Tree Animals | 15,000 | - |
| 107,000 | 117,000 |
4 Grant and donations
5 Other
| 2022 | 2021 | |
|---|---|---|
| Bank charges | 363 | 363 |
| 363 | 363 |
6 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
7 Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
8 Debtors
| Debtors | ||
|---|---|---|
| 2022 | 2021 | |
| Amounts falling due within one year: | £ | £ |
| Prepayments and accrued income | 360 | 237 |
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THE ARTHUR CAMP FOUNDATION TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022
9 Related party transactions
There were no disclosable related party transactions during the period ended 31 December 2022
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