DocuSign Envelope ID: 1AD2DA33-7EA9-4A83-8CA1-AD8D5AC86161 Charity number: 1192120 ## McQuin Charitable Trust Report of the Trustees and Unaudited Financial Statements For the year ended 30 November 2022 DocuSign Envelope ID: 1AD2DA33-7EA9-4A83-8CA1-AD8D5AC86161 ## McQuin Charitable Trust Contents Page For the year ended 30 November 2022 |Report of the Trustees|1| |---|---| |Independent Examiner's Report to the Trustees|2| |Statement of Financial Activities|3| |Statement of Financial Position|4| |Notes to the Financial Statements|5 to 8| |Detailed Statement of Financial Activities|9| DocuSign Envelope ID: 1AD2DA33-7EA9-4A83-8CA1-AD8D5AC86161 ## McQuin Charitable Trust Report of the Trustees ## For the year ended 30 November 2022 The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 30 November 2022. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2019). ## **Chair's report** The Covid 19 pandemic resulted in communication issues which delayed progress of the charitable activities, however these activities are planned to start in 2023. ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** To advance such charititable purposes as the trustees see fit from time to time. In particular but not limited to: - the prevention or relief from poverty - the advancement of education - the advancement of health or the saving of lives - the advancement of ameteur sports - the advancement of environmental protection or improvement - the relief of those in need, by reason of youth, age, ill health, disability, financial hardship or other disadvantage - the advancement of animal welfare The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'. ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **Name of Charity** McQuin Charitable Trust **Charity registration number** 1192120 **Principal address** 46 Springfield Road Poole BH14 0LQ ## **Trustees** The trustees and officers serving during the year and since the year end were as follows: Mr A McQuin Mr C Turner Mr T Wheeler **Independent examiners** Chippendale and Clark First Floor, Absol House Ivy Road Industrial Estate Chippenham SN15 1SB Approved by the Board of Trustees and signed on its behalf by ............................................................................. Mr A McQuin 1 of 9 DocuSign Envelope ID: 1AD2DA33-7EA9-4A83-8CA1-AD8D5AC86161 ## McQuin Charitable Trust Independent Examiners Report to the Trustees ## For the year ended 30 November 2022 I report to the trustees on my examination of the accounts of the charity for the year ended 30 November 2022. ## **Responsibilities and basis of report** As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act'). I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiners statement** I have completed my examination. I confirm that no 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 Charity as required by section 130 of the 2011 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. Philip Clark ACMA Chippendale and Clark First Floor, Absol House Ivy Road Industrial Estate Chippenham SN15 1SB 21 February 2023 2 of 9 DocuSign Envelope ID: 1AD2DA33-7EA9-4A83-8CA1-AD8D5AC86161 ## McQuin Charitable Trust Statement of Financial Activities ## For the year ended 30 November 2022 ||**Notes**|**Unrestricted**|**2021**| |---|---|---|---| |||**funds**|| |||**£**|**£**| |**Income and endowments from:**|||| |Donations and legacies|2|-|38,400| |**Total**||**-**|**38,400**| |**Expenditure on:**|||| |Charitable activities|3/4|(706)|(697)| |**Total**||**(706)**|**(697)**| |**Net income/expenditure**||**(706)**|**37,703**| |**Reconciliation of funds**|||| |Total funds brought forward||37,703|-| |**Total funds carried forward**||**36,997**|**37,703**| 3 of 9 DocuSign Envelope ID: 1AD2DA33-7EA9-4A83-8CA1-AD8D5AC86161 ## McQuin Charitable Trust Statement of Financial Position As at 30 November 2022 ||**Notes**|**2022**|**2021**| |---|---|---|---| |||**£**|**£**| |**Current assets**|||| |Cash at bank and in hand||37,447|38,078| |||**37,447**|**38,078**| |**Creditors: amounts falling due within one year**|9|(450)|(375)| |**Net current assets**||**36,997**|**37,703**| |**Total assets less current liabilities**||**36,997**|**37,703**| |**Net assets**||**36,997**|**37,703**| |**The funds of the charity**|||| |Unrestricted income funds|10|36,997|37,703| |**Total funds**||**36,997**|**37,703**| The financial statements were approved and authorised for issue by the Board and signed on its behalf by: Mr A McQuin Trustee 4 of 9 DocuSign Envelope ID: 1AD2DA33-7EA9-4A83-8CA1-AD8D5AC86161 ## McQuin Charitable Trust Notes to the Financial Statements For the year ended 30 November 2022 ## **1. Accounting Policies** ## **Basis of accounting** The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 (FRS 102), and the Charities Act 2011. McQuin Charitable Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). ## **Going concern** The financial statements are prepared on a going concern basis as the charity has ongoing regular donations and expects to start supporting charitable purposes in the coming year. ## **2. Income from donations and legacies** |Donations received
**osts of charitable activities by fund type**
**Unrestricted funds**
Support costs
**osts of charitable activities by activity type**
To advance charitable purposes
as the trustees see fit from time
to time including poverty,
education, health,
environmental & disadvantaged|**2021**
**2022**
**£**
**£**
38,400
-
**38,400**
**-**
**2021**
**2022**
**£**
**£**
697
706
**2021**
**2022**
**£**
**£**
706
697| |---|---| ## **3. Costs of charitable activities by fund type** ## **4. Costs of charitable activities by activity type** 5 of 9 DocuSign Envelope ID: 1AD2DA33-7EA9-4A83-8CA1-AD8D5AC86161 ## McQuin Charitable Trust Notes to the Financial Statements Continued For the year ended 30 November 2022 |**5. Analysis of support costs**
Governance costs
**6. Net income/(expenditure) for the year**
This is stated after charging/(crediting):
Accountancy fees
**7. Particulars of employees**
Employees
**8. Comparative for the Statement of Financial Activities**
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
**9. Creditors: amounts falling due within one year**
Accruals and deferred income|**2022**
**£**
706
**2022**
**£**
525
**2022**
0
**0**
**2022**
**£**
450
**450**|**2021**
**£**
697
**2021**
**£**
375| |---|---|---| |||**2021**
0| |||**0**| |||**2021**
**£**
375| |||**375**| 6 of 9 DocuSign Envelope ID: 1AD2DA33-7EA9-4A83-8CA1-AD8D5AC86161 ## McQuin Charitable Trust ## Notes to the Financial Statements Continued For the year ended 30 November 2022 ## **10. Movement in funds** ## **Unrestricted Funds** |**Unrestricted Funds**||||| |---|---|---|---|---| ||**Balance at**|**Incoming**|**Outgoing**|**Balance at**| ||**01/12/2021**|**resources**|**resources**|**30/11/2022**| ||**£**|**£**|**£**|**£**| |_General_||||| |General|37,703|-|(706)|36,997| ||**37,703**|**-**|**(706)**|**36,997**| |**Unrestricted Funds - Previous year**||||| ||**Balance at**|**Incoming**|**Outgoing**|**Balance at**| ||**01/12/2020**|**resources**|**resources**|**30/11/2021**| ||**£**|**£**|**£**|**£**| |_General_||||| |General|-|38,400|(697)|37,703| ||**-**|**38,400**|**(697)**|**37,703**| ## **Purpose of unrestricted Funds** ## General To advance such charititable purposes as the trustees see fit from time to time. In particular but not limited to: - the prevention or relief from poverty - the advancement of education - the advancement of health or the saving of lives - the advancement of ameteur sports - the advancement of environmental protection or improvement - the relief of those in need, by reason of youth, age, ill health, disability, financial hardship or other disadvantage - the advancement of animal welfare ## **11. Analysis of net assets between funds** |**Unrestricted funds**
_General_
General|**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
36,997
36,997| |---|---| ||**36,997**
**36,997**| 7 of 9 DocuSign Envelope ID: 1AD2DA33-7EA9-4A83-8CA1-AD8D5AC86161 ## McQuin Charitable Trust Notes to the Financial Statements Continued For the year ended 30 November 2022 |**Previous year**
**Unrestricted funds**
_General_
General|**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
37,703
37,703| |---|---| ||**37,703**
**37,703**| 8 of 9 DocuSign Envelope ID: 1AD2DA33-7EA9-4A83-8CA1-AD8D5AC86161 ## McQuin Charitable Trust Detailed Statement of Financial Activities ## For the year ended 30 November 2022 |**INCOME AND ENDOWMENT**
**Donations and legacies**
Donations
**Total incoming resources**
**SUPPORT COSTS**
**Governance costs**
Governance costs
**Total resources expended**
**Net Expenditure**|**£**
**2022**
-
**-**
**-**
(706)
**(706)**
**(706)**
**(706)**|**£**
**2021**
38,400| |---|---|---| |||**38,400**| |||**38,400**
(697)| |||**(697)**| |||**(697)**| |||**37,703**| 9 of 9 This page does not form part of the statutory financial statements