**REGISTERED COMPANY NUMBER: (England and Wales) REGISTERED CHARITY NUMBER: 1189574** 

**Report of the Trustees and Unaudited Financial Statements for the Period 20 May 2020 to 31 January 2021 for The Arcanum Foundation** 

Wormald & Partners Chartered Accountants (ICAEW) Redland House 157 Redland Road Redland Bristol BS6 6YE 



**The Arcanum Foundation** 

**Contents of the Financial Statements for the Period 20 May 2020 to 31 January 2021** 

||Page|
|---|---|
|Report of the Trustees|1|
|Statement of Financial Activities|2|
|Balance Sheet|3|
|Notes to the Financial Statements|4|





**The Arcanum Foundation** 

## **Report of the Trustees** 

## **for the Period 20 May 2020 to 31 January 2021** 

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 period 20 May 2020 to 31 January 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005. 

## **INCORPORATION** 

The charitable company was incorporated on 20 May 2020. 

## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 

(England and Wales) 

## **Registered Charity number** 

1189574 

## **Registered office** 

Dryham Lodge 16 Clifton Park Clifton Bristol BS8 3BY 

## **Trustees** 

M Moran - appointed 20.5.20 M Rickards - appointed 20.5.20 A G Christian - appointed 20.5.20 

## **Company Secretary** 

M Moran 

## **STRUCTURE, 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. 

## **Risk management** 

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. 

Approved by order of the board of trustees on ............................................. and signed on its behalf by: 

............................................. M Moran  - Trustee 

Page 1 



**The Arcanum Foundation** 

## **Statement of Financial Activities** 

## **for the Period 20 May 2020 to 31 January 2021** 

Notes £ 

## **TOTAL FUNDS CARRIED FORWARD** 

- 

The notes form part of these financial statements 

Page 2 



**The Arcanum Foundation** 

## **Balance Sheet** 

## **At 31 January 2021** 

|Notes<br>**TOTAL ASSETS LESS CURRENT LIABILITIES**<br>**NET ASSETS**<br>**FUNDS**<br>3<br>**TOTAL FUNDS**|£<br>-|
|---|---|
||-|
|||
||-|



The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2021. 

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2021 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 financial 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. 

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015). 

The financial statements were approved by the Board of Trustees on ............................................. and were signed on its behalf by: 

............................................. 

M Moran -Trustee 

The notes form part of these financial statements 

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**The Arcanum Foundation** 

**for the Period 20 May 2020 to 31 January 2021** 

## **Notes to the Financial Statements** 

## **1. ACCOUNTING POLICIES** 

## **Accounting convention** 

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. 

The charitable company was dormant throughout the period ended 31 January 2021. 

## **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. 

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

There were no trustees' remuneration or other benefits for the period ended 31 January 2021. 

## **Trustees' expenses** 

There were no trustees' expenses paid for the period ended 31 January 2021. 

## **3. MOVEMENT IN FUNDS** 

|||Net movement||
|---|---|---|---|
|||in funds|At 31.1.21|
|||£|£|
|**TOTAL FUNDS**||-|-|
|Net movement in funds, included in the above are as follows:||||
||Incoming|Resources|Movement in|
||resources|expended|funds|
||£|£|£|
|**TOTAL FUNDS**|-|-|-|



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