BETA Having problems on this page? Your feedback will help us to improve it. Messages (/group/guest/notifications) Account (/group/guest/my-details) Sign out (/c/portal/logout)  **You will be logged out after 30 minutes of inactivity.** ## Home ## **Charity Commission Annual Return 2023** Print Cancel THE JUNE PRESTON CHARITY Charity registration number: 1194069 Most of the information you give in this form will become publicly available on the Register of Charities. Any field that the Charity Commission will not display will be clearly marked. This document is a record of the information provided in the Annual Return 2023. ## **PART A - Charity information** ## **Financial period** ## **Financial period start date** 01/04/2022 ## **Financial period end date** 31/03/2023 ## **Income and spending** ## Income £ £ 13,934 ## Spending £ £ 24,462 ## **Number of contracts from government** How many contracts (other than grant agreements) did your charity receive from central government or a local authority during the financial period for this return? 0 ## **Number of grants from government** ## How many grants did your charity receive from central government or a local authority during the financial period for this return? 0 ## **Income breakdown** ## **Donations and legacies (excluding Endowments Received)** £ 0 ## **Charitable activities** £ 0 ## **Other trading activities** £ 0 £ 13,934 **Investments** **Other** £ 0 ## **Grantmaking** ## Is grant making the main way your charity carries out its purposes? Yes ## **Recipients of grants** **Please round all figures to the nearest pound (do not enter decimal points or commas). Individuals** £ 0 ## **Other charities** £ 24,462 **Other organisations that are not charities** £ 0 ## **Grant recipients related parties** ## Are any of the grant recipients related parties to the charity? Yes ## **Trustee payments** Excluding out of pocket expenses, for what were any of the trustees paid during the financial period for this return? ⊠ e. None of the trustees have been paid Did any of the trustees resign and take up employment with your charity in the financial period of this return? No ## **Income from outside the UK** ## Did your charity receive income from outside of the United Kingdom in the financial period of this return? No ## **Delivering activities outside the United Kingdom** Did your charity deliver charitable activities outside of the United Kingdom in the financial period of this return? No ## **Spending outside England & Wales** Did your charity spend funds outside of the United Kingdom in the financial period of this return? No **Total Spending outside England & Wales** £ ## **Trading subsidiaries** ## Does the charity have any trading subsidiaries? No **Charity contact details correct** Is the contact address displayed from the Register of Charities, correct? Yes ## **Charity headquarters details correct** ## Is this the same address that you use as your charity's administrative headquarters? Yes ## **Charity contact address** **Address Line 1** Benefice of the Redeemer **Address Line 2** Parish Office **Address Line 3** Jack Walker Way **Address Line 4** Blackburn **Address Line 5 Postcode** BB2 4JJ **Country** ## **Charity Headquarters address** **Address Line 1** Benefice of the Redeemer **Address Line 2** Parish Office **Address Line 3** Jack Walker Way **Address Line 4** Blackburn **Address Line 5** ## **Postcode** BB2 4JJ **Country** ## **Membership type** Is the charity part of a wider group structure with a parent body and subsidiary bodies? no, the charity is not part of a wider group structure **Employment contract types** **People were permanently employed by your charity** 0 **People were on fixed-terms contracts with your charity** 0 **Self-employed people were working for your charity** 0 ## **Governance policies** **Internal charity financial controls policy and procedures** No **Safeguarding policy and procedures** No **Financial reserves policy and procedures** Yes **Complaints policy and procedures** No **Serious incident reporting policy and procedures** No **Internal risk management policy and procedures** No **Trustee expenses policy and procedures** No **Trustee conflicts of interest policy and procedures** No **Investing charity funds policy and procedures** No **Campaigns and political activity policy and procedures** No **Bullying and harassment policy and procedures** No **Social media policy and procedures** No **Engaging external speakers at charity events policy and procedures** No ## **Safeguarding** ## Has your charity provided services to children and/or adults at risk in the financial period of the return? No ## **External risk and impact** ## Donations Unknown/No Change/Not Applicable ## Other income - grants Unknown/No Change/Not Applicable Other income - contracts Unknown/No Change/Not Applicable Other income - investment Negative ## Expenditure on charitable activities Unknown/No Change/Not Applicable ## Expenditure on overheads Unknown/No Change/Not Applicable Number of volunteers Unknown/No Change/Not Applicable Number of employees Unknown/No Change/Not Applicable Number of trustees Unknown/No Change/Not Applicable ## Fundraising activities Unknown/No Change/Not Applicable Capacity to deliver services Unknown/No Change/Not Applicable ## Total service demand Unknown/No Change/Not Applicable ## **Volunteers** ## Excluding trustees, provide an estimate of the number of volunteers who carried out charitable activities on behalf of your charity in the United Kingdom during the financial period of this return? 0 ## **Privacy statement** Any information you give us will be held securely and processed only in accordance with the rule on data protection. We will not disclose your personal details to anyone unconnected to the Charity Commission unless: - you have consented to their release; or - we are legally obliged to disclose them; or · we regard disclosure as either (a) necessary so that we can properly carry out our statutory functions or (b) necessary in the public interest. We may share and disclose information about you with relevant public authorities, regulatory bodies and agencies, outside the Charity Commission but only if: - we can lawfully do so; and - we decide that disclosure is necessary for national security, crime detection, prevention, and law enforcement, or other issues in the public interest Information we collect about you We will use this information: To enable us to carry out our statutory functions and duties; This will include the following actions: - (a) update, consolidate, and improve the accuracy of our records; (b) undertake crime detection and prevention and law enforcement and assist the third parties specified above to investigate or prevent crime and carry out law enforcement; ## (c) data analysis, testing, research, statistical and survey purposes ## Information we receive from other sources. ## Information we receive from other sources We may combine this information with information you give to us and information we collect about you. We may use this information and the combined information for the purposes set out above (depending on the types of information we receive). We will ensure that any such disclosure and use is proportionate; considers your right to respect for your private life; and is done fairly and lawfully in accordance with the data protection principles of the Data Protection Act. The Data Protection Act 1998 regulates the use of 'personal data', which is essentially any information, however stored, about identifiable living individuals. As a 'data controller' under the Act, the Charity Commission must comply with it. Any changes we may make to our privacy statement in the future will be set out in the replacement version of this form. Please check back frequently to see any updates or changes to our privacy policy. ## **Declaration** This annual return has not been submitted and no Declaration has been made **CHARITY REGISTRATION NUMBER: 1194069** ## **THE JUNE PRESTON CHARITY UNAUDITED FINANCIAL STATEMENTS 31 MARCH 2023** ## **RIDEHALGH LIMITED** Chartered Accountants Guardian House 42 Preston New Road Blackburn BB2 6AH ## **THE JUNE PRESTON CHARITY** ## **FINANCIAL STATEMENTS** ## **YEAR TO 31 MARCH 2023** ||**PAGES**| |---|---| |Trustees' annual report|**1 to 2**| |Independent examiner's report to the trustees|**3**| |Statement of financial activities|**4**| |Statement of financial position|**5**| |Notes to the financial statements|**6 to 9**| **THE JUNE PRESTON CHARITY** ## **TRUSTEES' ANNUAL REPORT** ## **YEAR TO 31 MARCH 2023** The trustees present their report and the unaudited financial statements of the charity for the period ended 31 March 2023. ## **REFERENCE AND ADMINISTRATIVE DETAILS** **Registered charity name** The June Preston Charity **Charity registration number** 1194069 **Principal office** Benefice of the Redeemer Parish Office Jack walker Way Blackburn BB2 4JJ **The trustees** J. Read C. Leaver C. D. Anderton S. Fielding R.A.H. Marshall D.J. Wilkinson **Independent examiner** Ridehalgh Limited Chartered Accountants Guardian House 42 Preston New Road Blackburn BB2 6AH **- 1 -** ## **THE JUNE PRESTON CHARITY** ## **TRUSTEES' ANNUAL REPORT** _**(continued)**_ ## **YEAR TO 31 MARCH 2023** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** The Charity is registered as a Charitable Incorporated Organisation (CIO). Its governing document is a written Constitution. The CIO has power to do anything which is calculated to further its objects or is conductive or incidental to doing so. The charity trustees shall manage the affairs of the CIO and may for the purpose exercise all the powers of the CIO. It is the duty of each charity trustee: - to exercise his or her powers and to perform his or her functions as a trustee of the CIO in the way he or she decides in good faith would be most likely to further the purpose of the CIO: and - to exercise, in the performance of those functions, such care and skill as is reasonable in the circumstances having regard in particular to: a.) any special knowledge or experience that he or she has or holds himself or herself out as having: and b.) if he or she acts as a charity trustee of the CIO in the course of a business or profession, to any special knowledge or experience that it is reasonable to expect of a person acting in the course of that kind of business or profession. ## **OBJECTIVES AND ACTIVITIES** The objective of the CIO is for the public benefit and in accordance with the statement of faith, the advancement of the Evangelical Christian faith with priority given to the area of the Ecclesiastical Parish of Church of the Saviour Blackburn. ## **ACHIEVEMENTS AND PERFORMANCE** The charity was formed March 2021 and since then has invested significantly within a portfolio of stocks and shares. The stocks and shares investment is long term, and with growth should ensure the longevity of the charity. ## **FINANCIAL REVIEW** Details of the Charity's financial activities on page 4 show a net expenditure of £129,839 (2022£1,214,076 net income) for the year. The Charity's financial position on page 5 shows net assets of £1,084,237 (2022 -£1,214,076). The stocks and shares portfolio generated £13,934 (2022-£21,145) income for the year. The trustees' annual report was approved on 18 January 2024 and signed on behalf of the board of trustees by: S. Fielding Trustee D.J. Wilkinson Trustee **- 2 -** ## **THE JUNE PRESTON CHARITY** ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE JUNE PRESTON CHARITY** ## **YEAR TO 31 MARCH 2023** We report to the trustees on my examination of the financial statements of The June Preston Charity ('the charity') for the year ended 31 March 2023. ## **RESPONSIBILITIES AND BASIS OF REPORT** As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’). We report in respect of our examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination We have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **INDEPENDENT EXAMINER'S STATEMENT** We have completed our examination. We confirm that no material matters have come to our attention in connection with the examination giving us 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 Act; or 2. the financial statements do not accord with those records; or 3. the financial statements 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. We 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. Ridehalgh Limited Independent Examiner Guardian House 42 Preston New Road Blackburn BB2 6AH **- 3 -** **THE JUNE PRESTON CHARITY** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **YEAR TO 31 MARCH 2023** |||**Year to**|**Period from**| |---|---|---|---| |||**31 Mar 23**|**17 Mar 21 to**| ||||**31 Mar 22**| |||**Unrestricted**|**Unrestricted**| |||**& Total funds**|**& Total funds**| ||**Note**|**£**|**£**| |**Income and endowments**|||| |Donations and legacies|**4**|-|1,236,810| |Investment income|**5**|13,934|21,145| |||-----------------------------------------|-----------------------------------------| |**Total income**||13,934|1,257,955| |||=========================================|=========================================| |**Expenditure**|||| |Other expenditure|**6**|24,462|26,154| |||-----------------------------------------|-----------------------------------------| |**Total expenditure**||24,462|26,154| |||=========================================|=========================================| |Net losses on investments|**7**|119,311|17,725| |||-----------------------------------------|-----------------------------------------| |**Net (shortfall)/income and net movement in funds**||(129,839)|1,214,076| |||=========================================|=========================================| |**Reconciliation of funds**|||| |Total funds brought forward||1,214,076|–| |||-----------------------------------------|-----------------------------------------| |**Total funds carried forward**||1,084,237|1,214,076| |||=========================================|=========================================| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. **- 4 -** ## **THE JUNE PRESTON CHARITY** ## **STATEMENT OF FINANCIAL POSITION** ## **YEAR TO 31 MARCH 2023** **----- Start of picture text -----**
2023 2022
Notes £ £ £ £
Fixed Assets
Investment Property 10 1,062,818 882,129
Current Assets
Cash at Bank 22,019 333,447
Creditors: Amounts 11 (600) (1,500)
falling due within 1 year
Net current assets 21,419 331,947
Total Assets less current liabilities 1,084,237 1,214,076
Total funds carried forward 12 1,084,237 1,214,076
**----- End of picture text -----**
These financial statements were approved by the board of trustees and authorised for issue on 18 January 2024, and are signed on behalf of the board by: S. Fielding Trustee D.J. Wilkinson Trustee **- 5 -** **THE JUNE PRESTON CHARITY** ## **STATEMENT OF FINANCIAL POSITION** ## **YEAR TO 31 MARCH 2023** ## **1. GENERAL INFORMATION** The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is Benefice of the Redeemer, Parish Office, Jack Walker Way, Blackburn, BB2 4JJ. ## **2. STATEMENT OF COMPLIANCE** These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011. ## **3. ACCOUNTING POLICIES** ## **(a) Basis of preparation** The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. ## **(b) Going concern** There are no material uncertainties about the charity's ability to continue. ## **(c) Fund accounting** Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classes: restricted income funds or endowment funds. **- 6 -** **THE JUNE PRESTON CHARITY** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR TO 31 MARCH 2023** ## **3. ACCOUNTING POLICIES** _**(continued)**_ ## **(d) Incoming resources** All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. ## **(e) Resources expended** Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. ## **(f) Investments** Unlisted equity investments are initially recorded at cost, and subsequently measured at fair value. If fair value cannot be reliably measured, assets are measured at cost less impairment. Listed investments are measured at fair value with changes in fair value being recognised in income or expenditure. **- 7 -** ## **THE JUNE PRESTON CHARITY** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR TO 31 MARCH 2023** ## **4. DONATIONS AND LEGACIES** |||**Unrestricted**||| |---|---|---|---|---| |||**& Total**|**Unrestricted**|| |||**Funds**||**& Total**| |||||**Funds**| |||**2023**||**2022**| |||£||**£**| ||**LEGACIES**|||| ||Legacies|-||1,236,810| |||=========================================||=========================================| |**5.**|**INVESTMENT INCOME**|||| |||£||**£**| ||Income from investments|13,934||21,145| |||============================||============================| |**6.**|**OTHER EXPENDITURE**|||| |||£||**£**| ||Advertising and publicity|-||70| ||Legal and professional fees|175||3,258| ||Accountancy fees|600||1,500| ||Bank Charges|25||25| ||Sundry|645||-| ||Transaction and management charges|23,017||21,301| |||----------------------------||----------------------------| |||24,462||26,154| |||============================||============================| |**7.**|**NET LOSSES ON INVESTMENTS**|||| ||Net decrease of investment portfolio|(119,311)||(17,725)| |||============================||============================| |**8.**|**INDEPENDENT EXAMINATION FEES**|||| ||Fees payable to the independent examiner for:|||| ||Independent examination of the financial statements|600||1,500| |||============================||=======================| |**9.**|**TRUSTEE REMUNERATION AND EXPENSES**|||| ||The trustees received no remuneration during the year.|||| **- 8 -** **THE JUNE PRESTON CHARITY** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES** ## **YEAR TO 31 MARCH 2023** ## **10. INVESTMENTS** |||||||**Other**| |---|---|---|---|---|---|---| |||||||**Investments**| |||||||**£**| |**Cost or valuation**||||||| |At 1 April 2022||||||882,129| |Additions||||||300,000| |Fair value movements||||||(119,311)| |||||||--------------------------------| |**At 31 March 2023**||||||1,062,818| |||||||================================| |**Impairment**||||||| |**At 31 March 2022 & 2023**||||||–| |||||||================================| |**Carrying amount**||||||| |**At 31 March 2022**||||||882,129| |||||||================================| |**At 31 March 2023**||||||1,062,818| |||||||================================| |All investments shown above are held at valuation.||||||| |**CREDITORS:** **amounts falling due within one year**||||||| |Accruals and deferred income|||||600|1,500| |**ANALYSIS OF CHARITABLE FUNDS**||||||| |**Unrestricted funds**||||||| |||At|||Gains and|**At**| |31|March|22|Income|Expenditure|losses|**31 March 23**| ||£||£|£|£|£| |General funds|1,214,076||13,934|(24,462)|(119,311)|1,084,237| ||=========================================||=========================================|============================|============================|=========================================| ## **11. CREDITORS: amounts falling due within one year** ## **12. ANALYSIS OF CHARITABLE FUNDS** **- 9 -**