Chity Wi51rntion number: 1193024 The John Gris5 Charity Annual R¢port and Fknancial Ststomonts forth• y•ar t( 31 Mar¢h 2024
The John Griss Charity Contents Relen and Adtr3t1ve Detai15 Trustees Report Independent Exane¢S Repryi Staterrffit of Fina1 Activ¢¥ Balance Sh88t Cash Staterrffjnl Notes to lh¢ Trinancl Slatements
The John Griss Charity Refarenee and Administrative Details Trustoe •Wmlnlstrator Susan McGeev Charity Registration Numbor 1193024 Prlnclpal Offic BritM 8oltc 151NB Ind8p8ndent Examlnor Sandra AkJwcAth ACA crn8nts Fa HoThtyock CullomF¢on Devon EX15 3UJ
The John Griss Charity Trustee's Report The trustee presents the annual ropc¢l tcJethgrwth Ihe finan(ial staterrts for the charity for tho year erKled 31 March 2024. Structuro. g0Man¢9 and m•nag8mont Naturn oftho governing document The John Griss Charity is a Chantable In¢(Wate Orgar)isalK)n ICIO} regBlered in Eng and Wale The chatity is oovend by ¢ts StitUTr dated 7 January 2021. Recrultrnent and èppoujlrnentof trustee There mu51 al least on& charity trustee. sho1 be thg Pwi5h CwrK41. The mathum nun8r of tnJs188s is 9. Apartfrom the charity trustee. every trusl¢e rnu5t b8 8ppoln18d for? t¢ ofup to three years by resolution passed at a propety convened netira ol Ihe Charty tsusiees. an¢J Vrtre the Parish Councl is not thè so18 ch8nty tnJ$tee. with the prK)r wrillen approval of the Pwi$h Cgyndl. For as long as thè Parish Coufic%l is lh8 5018 tharity Iwstsè. anydectsh)n may ba iakèn al 8 me8bng of the Parish CourKd wh¢n it i$ acti as the charity trustee in acLYxdance with Ihe usual procedvres of tho Parfsh Coundt. Oblectlve5 and xt$ti•$ ObJ¢¢tiv•$ and lim$ The objocl of the CIO is to advance suth d)aritable purFQ5e5 laccording to the law ol England and Walasl for the n&t of the inhabitanis of the CNI parish of CL8yhMlon. Dev¢)n for which rxovision L% nol rnade from rates and taxes as th• CharttyTruss so• fftlmm IJM kn ¥m8. Publlc benefft The trustee eonfim) that thèy havg eomp18d wilh the of secth.cffi 17 otthè Ch8rfUes Act 2011 to have due regard to thfr pubh'c bonofrt guanC0 Puh8 bythe Charity Cornmlssoon England and Walos. Financial revlew The ch8rty was inthaMyfiJnded from ts estsle oflhe Lote H6NyJ(*) EY Tumer &i5s. Durtry Ih r tro charity held land and FWP8rty wilhn Clayhthn which was a legacy frorn the 8stst8 rec8iV8d In the perfod to 31 March 2022. vahjed at £487.000. During the ygar R999 cotta, £187,000, was disposed of for a net sum of £279.657. Income in 1he year tr)taled £101.34012023- £6,549). and expendrfure £7.266 {2023- £8.059I. An overall surplus of £94,074 resvlled {2023- defKrt £1,510) The charity has no restricted lurxls PofKy on Keserves The chariws reserves as at 31 March 2024 10t £582.65212023-488,5781. Oflhese E3LKJ.000 are held within fixed a55ets leawng £282.652 as free reseThes.
Th8 John Griss Charity Independent Examinerfs Report to the trustae of The John Griss Charity I rwrt tr> Ihe trustee on MYeXanatKJn of the acctyjtits ofTha John Grtss Chaffji forth8 ended 31 March 2024 Rsponslbll1¢s and basls of report A8 the charity tru$te8$ ofThe John &i55 charity) are r8sponsb18 foy the preparation of the I report in respect of my exThnatK)n of Ihe The &A)n Giiss ChariW$ accounts carrieLI out under sècb.on 145 Df the 2011 Act and in ew¥J wl rnyex2mination I have I)well allthe aprlicab DirectiS gsven bythe Charity ColM¥5St under sèdxjn 145(Sllblof the Act. Independent •xamlM¢# •tatem¢nt I have compkted rny exarninalK)n. I Confi 1hal no material matters have come to my attentscn tr) connoclH)n wbth thtr examiTh&ti¢m gry¥ng cause to bek¥e Ihat in any m81erid r88pect 1. a¢¢ounJng roc(ts ra not kept trl resp8cI 01Th8 John Griss Charity a5 tequired by se(c 130 of the Ael., or 2. the eccwnts do notacccKd wlth th089 rKtYds' or 3. th8 accounts do nol compty vAth accounliNJ rgquir¢ftwnts ¢ontrtt9 th• foftn and Ccl3t of accounts set out In Ihè Chèrities IAcccMJnts and Reports) Regutior 2008 otherth8n any r8qurem8nt Ih81 lh& a¢¢ounts glvtr a kn an¢J lair a maiior consJered as part of an indeperKlent •xan)ali¢. I have no concem8 and hav¢ ac¥r6s no other rnalters ) ojnnecbon the eyarnin&th)n to whl¢h 8ttenlon shoul¢J be drawn in thLs rewjrt in orderto enable a proper understsnding of the accounts to be reach8d. Sandra Athrth Instrlute ol Chartered Accountants a Wa5 Clements Fam) +lemyc¢k Culompton Devon EX15 3UJ Oate 14102125
The John Griss Charity Trustee's Report Statemeni of Trustee'$ R¢spon$ibilth¢s Th8 trusi88 i8 reswnsiue lorprepanrng the trustee's fwrt and Ihe financHI staterrEnts in accordance vAth the United Kingdom AccounthvJ St2ndards (United ItingdN fxneralty Acceptsd AcUntiryj Prdctice) and appIabl6 law and rEguYaiy)ns The law applKxbk lo charities requiresthe tswtee to prep¥e finanoa slateMitsfrexh fvnci81 P8riod which yve a true and fai¢ view of the State of affairs of the chanly anij of tho IrM¢ an expendibjre of Ihe chantylor thal perKMJ. In preparing these firwK4aJ ststernents. the trustee 1$ uired to.. - seleGt suita1& accwnting poliu8s and then applythem (%¥Wsionty. - observ8 the meth¢xls and principl&s in the Charities SORP.. - make judgements and e5tirnates that 8r8 reasonabb and - State whether aOi¢able a¢.9 staiKlards have been fc11l. $4dJlortto any rna¢ departure5 disdose(J and eXpL9e in Ihe fin8noal $tsteme%)ts.' anrj - prepar8 Ihe financK81 slalenwnts <x) th• gory c<)ne8m ba515, unl8S5 li is inaprKopnai8 ID presume that Ihe ehanty will continue In busir$8SS. Tht trusteo 15 r88p)n$lllg for keepn9 proper acCcnty rnc(JNJs that d15L>5e r8a¥onab accuracy at any Ihtr financial position of th8 ¢h8rtyand en8trAe them to en$tJre that finBncial slafements cornpty with th¢ Charittes Act 2011. the apiCal)le Chafities {Account5 and Reports) Regulath)n$. and tht provis5 of Ihe constiiub)n. The trustee is $0 responsib for safewgrdlng Ihe assets of the tharity and hfrr fof lakin9 reasonab steps for provènb)n and deteclp)n ol fraud and olher irregularib"e& The anN81 reportwas apF¥oved by Ihè Inrs18e ofthe charty c ,), 125 and shwod on It8 behaff Clal0Th Parfsh Councai rro$iae
The John Griss Charity Statement of Financial Adivities for the Year ended 31 March 2024 Unrestrfctsd Funds 2024 2023 b)¢om¢ Donations and Lègau8S Charrtae a¢tiwts"es Other income Totsl Income 8.683 9?.6S7 101.340 6,549 6,549 Expendknre Charitable activitias Totsl axp8ndthJro -7.266 4,059 ,059 Net expendtsJ¥e1inrr 94,074 -1.510 Net rnovemenl in fijnds 94,074 -1.510 Reconciliation of fundj Funds brought loNrd Total fwd$ carried forna 488.578 4¥J,088 10 The notes on pages 8 k) 11 foM part olth•sè finar*41 stat•rn8nts
The John Griss Charity {Registration number, 11930241 Balance Sheet as at 31 March 2024 Unrestrthd Funds 2024 2023 Flxed assats Tangible assets 487,000 Curr¢nt assèts Cash at b8nk and in han¢ 282,812 2.858 Credltors: knunts falllng dw wlthln on¢ > -1.280 Nat curr•trt a8s•ts 282,652 1.578 N•t asa•is 582.652 488,578 Funds ofth• charitr. Ttstsi unrèskncted funds 582,652 488.$78 Totsl fttnd$ 10 488 578 The flnaTrc+al stslements on pasw S to 11 were apF¥oved by the try¥te¢ of thg Charity. 8Uthoris8d lor Issue on 11 l-lJo2S and 3bJngd on Its boh8ir ty Clayhidon Parish Counol Twstse
The John Griss Charity Cash Flow Statement for the Year to 31 Mareh 2024 2024 2023 Cash Ilows from opgratlng a¢ti¥rtfj•s Net cash ¢ty£Ns1 ificom8 94.OT4 -1.510 Adjustments to cash flows for non tssh it¢m$ t)onated capital assets 94,074 -1,510 Wofking capltal adlustfneblts Dwease I Inttease In credito -1.120 .954 -1,430 Cash flows from In¥est5ng acllAIi Sale ol tangib Te assets Capitst assets donated 187.Crf)O Nel cash 11(Ms from invesb'ThJ xtivitigs 279.954 Nel decre8sefincwge in cash and equNal8nts 279.954 -1.430 Cash and cash eqalents 31 Marth 2023 2,858 4.288 C&sh and eash •qIalents 31 March 2024 282812 The notès on pages 8 to 11 lorm part ofthese fin8n¢l slatements
The John Griss Charity Notes to tho Flnanclal Statements for the Year to 31 March 2024 1. knuntlng poll¢ie$ Statèment ol ¢ompllan¢e and basks ol ptsparatTron The financial ststerrrrts have bB8n pwarwd un(krth8 hkth¥c81 cost converstpjn with ttems r8cogThised at cost or transactKJn value unless Stat wthin Ihesty notes. The nalia1 Statements have been pr&par8d in accordance wth mNJntirJ and ReF4)rting by Charitiès." Staterrw of Recommended PraCte applKable to chanlies prepariThJ their accounts in accordanco with the Fin8nci81 Reporting Standard app&"(2Ne in ¢hc UK and Revublt of Irdand IFRS1021 Iis5ued Odober 20191- (Charrties SORT IFRS10211, the FinanTral Reporfing Siandard appkoblo ift the Vniteil lfjngdorn and Republ of Ir8landlFRS102}, and the Charits A¢1 2011. Basls of preparallon The John Grtss Ch8rty thg d•finfton of put41c tenefrt entity FRS 102. Golng concem The trust•• consid8fthat th•f• arè no maierial uncertaintBs about the dwws abilty to tinue as 90ing concom. IncoFn• and endowments JI incom8 rg¢ognised whgn the charity has entitknwl to irtoyne, it ss [LI thal lh¢ in¢on will be received and Ihe aY)unt Can bg rn?a3ured vAth suffident rdlabllty. Oonatlons and Legacl88 Oonations. legacie5 and grants are r¢c4gnised cn a I¢1ble baw when receipt wobable and th• arnount can l)e relwbty IaSu. Incorn8 in Ihe fomi of gift5 in kiThJ ar8 ¥K4uded 8t fair Va in tIKg Stal•mentof finwthl thkl•s. Investm•nt Incom Invostmont Incomo 1$ retrJgi¥od when rec8Nat48 and th8 amount bo rn998wgd Fe118tty. Expendltur• l expendir• is 18cognis8d oncè Ihera 1$ a 18gal e¢ conSIntive 0ation kn thal 8xpendlture. It Is probable S8ttkgrnent 1$ requlred and the amount ¢8n be n*asufed rdtabty. Ajieosts ar8 alocalad to Ihe applicablo exp8niJilufe h8wJing Ih8t aggregaie similar crtsts lo thal c8¢egory. costs cannol be dlTedy attributed to partular headings have been 8Hucaied on a basis CQnSlStenl with the usg of r8sources, with ¢entral staff ¢osts allo¢atEtJ w the basi5 t3f spe¥rt. and dewgciaton tha¥g85 alknratgd on the proporfion olthg #ssefs use. Oih&r support costs are allocated on thg spread of staff costs. I rEs¢urees eypttxled are iThckK¥Ne of irrecovgRbb VAT. Charltable actMUe$ Charita9 ttxwndliure ¢omprfses ISe wnirTBd by Ihe c15arity in the daliv8ry01 IL8 xtiwbes and servicas for its b8neficiaries. It inchkles both tr)ai Can be aloGated di to such arYiwtie5 and thosÈ ¢osts ofan #Ylirect natvre necessary to support them.
The John Griss Charity Notes to the Financial Statemonts for the Year to 31 Mareh 2024 Support costs Supportcosts indudo centra funthons and been alk)LZted to aixmty ccst rateg)ri&s on a basi% consistent with rhe use ofT8sources. forexAft¥A&. 81kn¢atiw rKoperty¢osts by1kx)rar, or r cBpit8, Staff costs by th& tlme spent and other costs by Iheir usage. Taxalton The ¢harfty is a wislered charty and i8, 1hefore. exerrwtfrtyn liability lo t8xatty)n on its Inc0ft and c8piial gains, to the exlen¢ Ihat thtyare athied tharitsblg purposes. T&nglble flxed assets Indpiidual red assets are inltidly roCdPd at cos( anYsthwuentOLXUnMdaj and $utysequent o¢(tsmulated iMpat l)5SSeS. cash and ¢a•h equhalw C8sh and Ggsh equvalents compr• cash on hand and d8poshs. and any other sh¢rt48rn1 hkJMy Ilquid Investments that 8re r8adfy ¢rmverttt40 to a kno1 ofcash and ar8 subJefl to an ins4gnifieant risk of ¢haft9e in valufr. Flnanclal Instruments Thg Charty onty has financ ogsets and labhit1ti5 that qv8Ify 88 ba&¢finan¢ial instrbments induding cayh 8nd bank balatxes. trade and 0th8r p8yabbg5, and irNesthftts. Basic finanLi31 instruments ar8 thorofore ¢09ntsed ai Iranaction pn¢¢ and subsequentty at aiiiorti5LyI Cr wAth th8 exc¢pliM of ¥tTrn15 which are ssjbsequentty Nasured al fair value. crtd¢#l Accourrtthg ES8$ JEom¢nts The pr8parabon oi the financ81 slalemonts in wnlomilty wi¢h FRS 102 requw8s manag8m8nt to make d9etnpnts, e5tiTnal8s and assumptions Ihal affe¢l Ihe ap4tiOn of pc4viag and reportod arjnts of assets and 18.11118s, income and expenses. Estim8t8$ and judgement$ 8re contlnuoty •vaJat8d and are b8S8d on histrtal expn and othor factors. including exp•etstiOM of ftrturt èvenls that ara b818¥&J lo b8 der dKurns¢ances. The charity rnakes estlm8t8s and assumpfons concgthJ tho lutyre. The Tesulling acc¥)untYJ estimates wll. by definitKJn. seldom equal the related aciual resuts. The Trustee conside¥s that there are critKal accounting estimates 8nd judgements that have a Svjnnt risk of causiftg a matori adlustrnènt to the c&rrOng arrKyJnt of as5et5 lbI wthin rxtffinancial year. I Incom¢ from donaiions and legac U*restricted Funds 2024 2023 Donab"ons Tolal torth• art0 31 IIMrch 2024
The John Gri5s Charity Notes to the Financial SLitements for the Year to 31 March 2024 3. In¢om• froTn charltabl8 x¢lvltias Unr•strlctBd Fund5 2024 2023 Gras5 Keep Waeav*S Gr£nts Anglers incorne Total for th• y•ar to 31 March 2024 720 18 3.011 2,800 18 7.865 8,683 6,549 Oth¢r In¢omè Unr•¥IT1 Funds 2024 2023 Surplus on sa ol Ro88 CollAg? Totsl for the to 31 MorGh 2024 92.657 92,657 5. Expendltum on chahtable a¢tlvlllo8 Unr•stri¢t•d Funds 2024 2023 R8le5 Li9ht, haat and pow•r Insurance R8palrs and maintsnarKe Sundry expertses Managing Lak8 Subsislartce Clefit Accountaw Fees Legal and profossN)n81 fees Total fortht yvarto 31 March 2024 810 834 959 4,856 982 3,976 156 710 931 80 471 7.266 8.059 6. Trustee rernun•ratk•n and •xpenses The Chanty considers its key managentto comprise (rfthe Tnthes No trustee, Norany persons conneeted with Ihem. have received any rerntsneration Ihe drity during the year. No trust8e has re¢eNed any 1mbUl$e expenses from the chartydurmg the r.
The John Griss Charity Notes to Ihe Flnancial Statements for the Yr lo 31 March 2024 7. T8xation Th8 charity18 a gistere(l ¢Jwrly therefore, exerryjt tsxatK)n. a. Tanglbte fix•d ats Land and Busldings C08t As at 31 March 2023 Dispo As al 31 March 2024 487.C#X) 187,000 D•proclatk•n A8 at 31 March 2023 As al 31 Mar¢ 2024 Not Book Value AS at 31 2023 As at 31 March 2024 Avaluation performed by Andrew La Ltij v8lues the propèrty at £375.CW •t 31 March 2024 9. Cfodltors: amounts falllng du• wlthln or year 2024 2023 Aeuuals 160 1.280 10. Funds 31 IA•r¢h 2Q2J Unftstricterl funds 488.S78 101.340 7,266 582,652 11. Analysis of net a¥s•ts bgtween funds vnré8trlc Fund$ 2024 2023 TwJiblg fixed assets Current asset5 Current liabileS Total n¢tassets xKJ,wo 282.812 -160 582.652 487,000 2.858 -1.280 488.578