CHARITY COMMISSION FOR ENGLAND AND WALES Trustees. Annual Report For the period: From To 9 September 2021 31 December 2022 (Period start dats) (Poriod •nd dat•) Charlty name: The Anthony Lojeune Charitabh Trust Charity roglstratlon numbèr. 1195767 Objectives and Activities Summary of the purposes of the charity as set out in its goveming do￿rnent Pw8 1.17 The object of the charlty is: To advan￿ education. in partkular by enabllng the provlslon of grants or malntsnance allowances to P9rson8 undgr the agg of 19 year5 who are In fu114iw* education and who are in need of financial assistance (whether for fees or maintsnance support) to facilltate attendance at their s¢h(K)l of cholce, or by such other means as the trustees shall In thelr dlscredon think fiL Summary of the main activities in relation to t purposes for the public benefit, in partiojlar, the activities, projects or serVi￿S identffied in the o)unts. Pwa 1.17aTrJ Thg charity is ngwly fomMI. The reporting period has been dedlcatsd to ¢reating the structuresi Processes and administrative arrangements necessary for the proper functioning of the charity. These activitses have been ne¢essary as precursors to enable the charity to aGhieve its blic benefft aims. Statement ojnfinning whether the truslees have had regard to the guKlance issued by the Chartty Commission on public benefft P*a 1.18 Addltk>nal Infonnation (optlonal) You ma choose to include further statements vh)are relevant abrmjt P*a 138 Policy on grant making Polioy on social irNestrnent including prrxJrdm related investment P•B 1. Contribution made by vdunteers P*a 128 Achlevements and Perforniance As noted above. thls flrst reporting period has been dedicated to ¢reating Summary of the main achievements of the charity. identfyif¥J the drfference the charity's work has made to the cirujmstsnces of tls beneficiaries and any WKler b8nefils to ￿￿ety as a P¥3 1JJ adminlstratlve arrangements necessary for the pr(yv functioning of the charity. These have included substantial Edward Anthony Thompson (also known as Anthony Lejeung. whose 18gacy provided the fvnds for the charity), wlth a vlew to achievlng the transfer of all thè funds due from tho estate to the charlty. The issue is dependent on a decision from the tax authorltles In the Unlted States (US) as to whether the estate owes any tax to the US. and rf 80 how much. That decision from the US tax authoritles is slill awaited. Th? estate understands that delays of this kind are not uncommon when dealing wlth the US These have also included the addition of t¥vo new trustees, the resignation of one trustee, and the opening of two bank acc(wnts (one curren( one deposit) in the thatity's name. Bgcause of the cu￿ent backlogs in the banking 5ystsm, once the preferred bank had been identified it took about four months ts> open tho new bank accounts. It was therefore towards the end of tho reportlng perlod that the grth* majorlty of the funds due to the charity were able to be transferred to the cha ' s bank accounts. from the estate of Edward Anthony Thompson. Some further funds are still due to be transf8Tred, but the calculation of the exact amount duo awaits the decision of the US tax The changos In trustoes were the result of a dlscusslon between the foundlng trustees on what fees should be chargod by a trustse actlng In a professional capacity. and what would be the appropriate arrangements and fees for admlnlstraove and accountsn supptht The pmfessbonal trustee offered to resign. which opened thg way trustees wlth sultable skills and experience were appointed. tt took time to find. approach and agree arrangements with the new trustees. neither of whom will charge for their services. Catherine Lloyd Is a solicitor T*ho trained and worked in a City of London law finn and is currently partner In a law flrni based in Kent She Is also a school governor. Simon Davls is a career investsnwrt manager In tho Clty of London and Intemationalty including roles as CE Ctsnd non- executive director, with financial regulatory compliance among hls responsibilities. Pro bono he athiises the advocacy team of a major Charity on The trusteOS Wgre provlded with the Charfty Commlsslon's guidance on managing tharity finances. and on the The ¢harlty appolnted Haescooper Chartered Accountants as its accountants. Tho trustees approved a system of financial controls for the charity. The trustees consldered what the charlty's approach should bo to Addhional information (optional) You ma chcose to include further statenwts where re58vant atsjut: Achievements against objectives sel P*8 IAI Perfomiance of fvndraisirKJ activities against objectives 1_41 Investment perfmnce against oty"ectives Financial Revlew Review of the charitys finanoal position at the eTh of the period Parn121 At the end of the PPTiod, the full amount of the chaTWs current assets. just over £695.01)O. were held in the charity's bank Thompson is due to make a fvrther transfer of funds to the chafity. The exact amount of the transfer depgnds on a decision from the US tax authoritios. noted above. The trustees. vlew Is that at present there is no need for a reser¥es policy. Thls Is because the chaiity is a grant- maklng charlty, wlthout any financial ¢ommitments for Twhi¢h reserves would Statement explaining the policy for holding reserves stating why they a￿ heid P¥a122 Amount of reserves held P￿1￿2 The full assets of the charity act as Its reserves. because none of the assets have been commltted or $08 above Reasons for holding zero Pwa 122 Details of ￿nd materially in defficit Explanation of any un￿rtaIntieS abcNJt the charity ￿ntInuing as a goirwJ Para 124 WA Paa 123 NIA Addltional informallon (opoona You ma clK)ose to inctude further slatements where relevant aLx)ut The chadty's prirripal sources of fufKls (induding any fundraising) 1A7 Investment pclicy and obiectsves induding any al investment policy Jopted Pwa 1.46 A descTiPtton of the princapal risks facing the charity Pwa 1.46 Oiher Structure. Govemance and Management Description of tharity's trusts.. Type of goveming dccument P¥a125 Consti￿On of a Charitable Inco nisatlon cio ci How is the chanty consttiuted? P*a126 Trustee selection methods induding details of any constitutional prowsions e.g. election to px)st or name of any person or body entl￿d to appoint one or nK>re trustees Pwa 125 Every trustee must be appointed by a resolution passed at a propgrly convened meeting of the charity In seletrang indlviduals for appolnlmont as Gharity lJustees, the Gharity trustees must have regard to the skills, knowledge and experience needed for the effectlve admlnlstratlon of th• C10 . Additional information (optlonal) You ma choose to indude further staterrwts vthere relevant ab￿L. Polic￿ and proc8dures adopted for the iThYuction and training of trustees P*a1ts1 The charity's organisational StrUthF￿ and any wider network with which the charity works P*8 1st Relationship with any related parties Paa1ts1 other Reference and Administrative details Cha name Other namo the cha ' Re istered cha number Charity's principal address eune Charttable Trust 1195767 o Haescooper Chartered Accountants Unit A FarrieT5 Courtyanl Spelmonden Road Goudhurst Kent TN17 1HE Names of the charlty trustees T*ho manage the charity Offke lrfany) Trustee of p8r8on lor b￿) entitled James Mayhew Gerald Kldd Founding trustee Foundlng trustee Board of trustees Board of trustees Untll 29 Aprll 2022 From 26 April 2022 From 26 Aprll 2022 Catherlne Lloyd Slmon Davls Trustae Trustso te INst￿- nanw of the dirertors at the date the asa Name of trustees holding tsue to prcperty be1￿1￿j to the (*)arity Funds held as custodian trustees on behalf of others 08scription of the assets held in this CA Name and obl￿ts ofthe charity on whose behalf assets a￿ held and Iv)w this falls Y￿thIn the caJstodÉan ch8ri Details of arrangem8nts safe custcdy and seg￿8110￿ of such assets from the chariws own assets Addltlonal InforTnatlon (opllonal) Type of advisor Name Address Exemptions from disclosure Reason for non4iscknure of k nel details Olher o tional information Declaratlons Slgned on behalf of tho charity'5 trustees Slgnature(s) Full name(s) Position (eg Secretary, Chalr, etc) James Bamabas Tnjstee 16 CktoLw 2023 The Charity Registration Number - 1195767 ## THE ANTHONY LEJEUNE CHARITABLE TRUST Report and Accounts 31 December 2022 ## **THE ANTHONY LEJEUNE CHARITABLE TRUST - Statement of Financial Activities for the period ended 31 December 2022** |**Income from:**
Donations and grants
A1
Investments
A4
**Total income**
**A**
**Expenditure on:**
Charitable activities
B2
**Total expenditure**
**B**
**Net income for the year**
**Total funds carried forward**
**SORP**
**Ref**|**Current year**
**Unrestricted**
**Funds**
**2022**
**£**
696,288
133
**696,421**
1,510
**1,510**
**694,911**
**694,911**|**Current year**
**Restricted**
**Funds**
**2022**
**£**
-
-
**-**
-
**-**
**-**
**-**|**Current year**
**Total Funds**
**2022**
**£**
**696,288**
**133**
**696,421**
**1,510**
**1,510**
**694,911**
**694,911**| |---|---|---|---| ## **All activities derive from continuing operations** A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses. ## **The notes attached on pages 4 to 7 form an integral part of these accounts.** 1 ## **THE ANTHONY LEJEUNE CHARITABLE TRUST Income and Expenditure Account for the period from 9 September 2021 to 31 December 2022** |**_Income_**
Income from operations
Investment income
Interest receivable
**Gross income in the period**
**Gross income in the period including exceptional items**
**_Expenditure_**
Charitable expenditure, excluding depreciation
**Total expenditure in the period**
Tax on surplus on ordinary activities
**Retained surplus for the financial year**
All activities derive from continuing operations
**Net income after tax in the financial year**
**Net income before tax in the financial year**|**2022**
**£**
696,288
133
**696,421**
**696,421**
1,510
**1,510**
**694,911**
-
**694,911**
**694,911**| |---|---| ## **The notes attached on pages 4 to 7 form an integral part of these accounts.** 2 ## **THE ANTHONY LEJEUNE CHARITABLE TRUST - Balance Sheet as at 31 December 2022** |Notes
**SORP**
**Ref**
**Current assets**
B
Debtors
8
B2
Cash at bank
B4
**Total current assets**
**Creditors: amounts falling due within one year**
9
C1
**Net current assets**
**The total net assets of the charity**
**Restricted funds**
Restricted Revenue Funds
16
D2
**Unrestricted Funds**
Unrestricted Revenue Funds
16
D3
**Designated Funds**
**Total charity funds**
**The total net assets of the charity are funded by the funds of the charity, as follows:-**|
**2022**
**£**
216
695,919
696,135
(1,224)
694,911
**694,911**
-
-
694,911
694,911
**694,911**| |---|---| The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the carried forward funds above have been agreed to the SOFA. For and on behalf of the board of trustees ## **JAMES BARNABAS BURKE MAYHEW** Trustee Approved by the board of trustees on October 2023 ## **The notes attached on pages 4 to 7 form an integral part of these accounts.** 3 ## **THE ANTHONY LEJEUNE CHARITABLE TRUST** ## **Notes to the Accounts for the period from 9 September 2021 to 31 December 2022** ## **1 Accounting policies** ## _**Policies relating to the production of the accounts.**_ ## **Basis of preparation and accounting convention** The financial statements of the charitable trust, which is a public benefit entity under FRS 102, have been prepared 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'. The financial statements have been prepared under the historical cost convention. ## **Going Concern** The trustees are not aware of any material uncertainties which might affect the charity’s ability to continue as a going concern. ## **2 Liability to taxation** The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. ## **3 Winding up or dissolution of the charity** If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the remaining assets must be applied for charitable purposes the same as or similar to those of the charity. ## **4 Significance of financial instruments to the charity's position** There are no significant implications of financial instruments to the charity's position. ## **5 Staff costs and emoluments** The charity did not employ any staff in this period. ## **6 Defined benefit pension scheme** The charity does not operate a defined benefit pension scheme. ## **7 Remuneration and payments to Trustees and persons connected with them** Neither the trustees nor any persons connected with them have received any remuneration or any benefits from the charity or any related entity. ## **8 Debtors** **Debtors 2022 £** Prepayments and accrued income 216 4 ## **THE ANTHONY LEJEUNE CHARITABLE TRUST** ## **Notes to the Accounts for the period from 9 September 2021 to 31 December 2022** |**9**|**Creditors: amounts falling due within one year**|**2022**| |---|---|---| |||**£**| ||Accruals|1,224| ## **10 Loans to trustees included in debtors** There are no loans to trustees included in debtors. ## **11 Guarantees made by the charity on behalf of trustees** There are no guarantees made by the charity on behalf of trustees. ## **12 Income and Expenditure account summary** |**Income and Expenditure account summary**
**At 9 September 2021**
Surplus after tax for the year
**At 31 December 2022**|**2022**
**£**
-
694,911
**694,911**| |---|---| ## **13 No related party transactions** There were no transactions with related parties in the year. ## **14 Particulars of how particular funds are represented by assets and liabilities** |**At 31 December 2022**
Current Assets
Current Liabilities|**Unrestricted**
**funds**
**£**
696,135
(1,224)
**694,911**|**Designated**
**funds**
**£**
-
**-**|**Restricted**
**funds**
**£**
-
-
**-**| |---|---|---|---| ## **15 The purposes for which the funds as detailed in note 16 are held by the charity are:-** ## _**Unrestricted funds:-**_ Unrestricted Revenue Funds The funds are held to meet the objectives of the charity, and to provide reserves for future activities, and, subject to charity legislation, are free from all restrictions on their use. 5 ## **THE ANTHONY LEJEUNE CHARITABLE TRUST** ## **Notes to the Accounts for the period from 9 September 2021 to 31 December 2022** ## _**Restricted funds:-**_ Restricted Revenue Funds These funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal or as implied by law. ## **16 Ultimate controlling party** The charity is under the control of its legal members. 6 ## **THE ANTHONY LEJEUNE CHARITABLE TRUST** **Detailed analysis of income and expenditure for the period from 9 September 2021 to 31 December 2022 as required by the SORP 2015** ## **17 Donations and Grants** |**Donations and gifts from individuals**
**18**
**Investment income**
Interest income
**Total investment income**
**19**
**_Current Year_**
**_Administrative overheads_**
Computer software
**_Professional fees_**
Accountancy fees
**_Financial costs_**
Bank charges
**Total support costs - Current Year**
**Support costs for charitable activities**
The estate of Edward Anthony Thompson
**Total donations and gifts from individuals**|**Current year**
**Unrestricted**
**Funds**
**2022**
**£**
696,288
**696,288**
**Current year**
**Unrestricted**
**Funds**
**2022**
**£**
133
**133**
**Current year**
**Unrestricted**
**Funds**
**2022**
**£**
36
1,464
10
**1,510**|**Current year**
**Restricted**
**Funds**
**2022**
**£**
-
**-**
**Current year**
**Restricted**
**Funds**
**2022**
**£**
-
**-**
**Current year**
**Restricted**
**Funds**
**2022**
**£**
-
-
-
**-**|**Current year**
**Total Funds**
**2022**
**£**
**-**
**696,288**
**Current year**
**Total Funds**
**2022**
**£**
**133**
**133**
**Current year**
**Total Funds**
**2022**
**£**
**36**
**1,464**
**10**
**1,510**| |---|---|---|---| 7 ## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES THE ANTHONY LEJEUNE CHARITABLE TRUST** I report on the accounts of the charity for the period ended 31 December 2022. ## **Respective responsibilities of trustees and examiner** The trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. ## **Basis of independent examiner’s report** My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below. ## **Independent examiner’s statement** In connection with my examination, no matter has come to my attention: 1. which gives me reasonable cause to believe that, in any material respect, the requirements: - to keep accounting records in accordance with the Statement of Recommended Practice: Charities SORP FRS 102 - and to prepare accounts which accord with the accounting records, and comply with the accounting requirements and methods of the Statement of Recommended Practice: Charities SORP FRS 102 have not been met ; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## E L Barty Emma Barty FCA CTA HaesCooper & Associates Ltd Unit A, Farriers Courtyard Spelmonden Farm, Spelmonden Road Goudhurst Kent TN17 1HE 1