ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE FIRST PERIOD ENDED 31ST MARCH 2023
DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
CHARITY REGISTRATION No: 1196817
Castle View Accounting Ltd New Barn Mudberry Lane Bosham Chichester West Sussex PO18 8TS
DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
CONTENTS
| Page 3 | Legal and Administrative Information |
|---|---|
| Pages 4 to 5 | Trustees' Report |
| Page 6 | Statement of Financial Activities |
| Page 7 | Balance Sheet |
| Page 8 | Cash Flow Statement |
| Pages 9 to 16 | Notes to the Financial Statements |
| Page 17 | Independent Examiner's Report |
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DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER 1196817 DATE OF REGISTRATION 29th November 2021 START OF FINANCIAL PERIOD 29th November 2021 END OF FINANCIAL PERIOD 31st March 2023 TRUSTEES AT 31ST MARCH 2023 Dr Claire Guest OBE Dr Louise Guest Nicole Guest Stephen Aulsebrook (Appointed 25th January 2023) LEGAL STATUS Charitable Incorporated Organisation GOVERNING INSTRUMENT CIO - Foundation Registered 29th November 2021
OBJECTS
To further such purposes as are exclusively charitable according to the Law of England and Wales as the Trustees shall determine and in particular but not exclusively by: a ) Providing grants of financial assistance to preserve and protect the mental health of people working in the financial services sector and associated industries. b ) Making premises available to registered Charites to enable them to operate in and around Didcot, Oxfordshire. c ) Providing grants of financial assistance to UK registered Charities.
CORRESPONDENCE ADDRESS Mill Swathe Mill Lane Sutton Courtenay Abingdon OX14 4BE PRIMARY BANKERS CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ INDEPENDENT EXAMINERS Castle View Accounting Ltd New Barn Mudberry Lane Bosham Chichester West Sussex PO18 8TS
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DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
TRUSTEES' REPORT
FOR THE FIRST PERIOD ENDED 31ST MARCH 2023
Objectives and Activities
The Charity’s mission is to lower the number of deaths by suicide.
In the financial period ending 31 March 2023 our main activities were:
1 . The Riddell Initiative: a programme of mental health awareness and suicide prevention training for professionals working in the financial services sector.
2 . Giving grants to other charities that work to reduce deaths by suicide and/or improve the mental health and wellbeing of young people.
The trustees have paid due regard to the Charity Commission's guidance on public benefit in deciding what charitable activities the charity should undertake.
Small Grants: The trustees make discretionary grants of between £5,000 and £25,000 where they believe that their contribution will make a real difference to suicide awareness or mental health and well-being.
Applications are only accepted from charities registered in the United Kingdom, with applications from smaller charities particularly encouraged.
Applications must be for charitable purposes that fall into one of the categories below:
-
Programmes and activities that aim to support, maintain and improve the mental health and well-being of young people (from 10 to 23 years old).
-
Suicide awareness and support programmes.
Priority is given to innovative projects.
Large Grants: Are made at the instigation of the trustees to fund charities which the trustees believe will directly impact our mission to lower the number of deaths by suicide .
Contribution made by Volunteers
A number of professionals in the financial services sector advocate and fundraise for us.
Achievements and Performance
Summary of the Main Achievements
In the financial period ending 31 March 2023 our main achievements were:
1 . The Riddell Initiative - We partnered with Brent, Wandsworth and Westminster MIND and PJT Partners (UK) Ltd for phase 1 of The Riddell Initiative, which consisted of a 1-hour seminar on Suicide Awareness and Prevention. Over 50 of these workshops were run in total, mainly at firms in the debt restructuring industry.
2 . Small Grants - £62,316 of grants were made to nine charities that work to reduce deaths by suicide and/or improve the mental health and wellbeing of young people.
3 . Large Grants – a £500,000 grant was made to James’ Place, a charity that works with men in suicidal crisis, towards their Newcastle Centre.
Financial Review
Income for the year was £729,593. Expenditure was £593,104, of which £562,316 related to grant awards and £28,731 was for the Riddell Initiative. £500,500 was received in the year for expenditure in subsequent years and therefore not recognised as income in the period.
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DAVID RIDDELL MEMORIAL CIO (ChaIrtab IrKortKXa1 OrganisatMI TRUSTEES. REPORT (Continued) FOR THE FIRST PERIOD ENDEO 31ST MARCH 2023 As the ch8rity currenty has an opwatb)nal trustee t#)grd has mlnimal rhea and rij emtyoyees, the tnJstees do rJt constsr It necessary to hold any cash res8r¥8s for operatKthl purpJ8es. Huwever. Ihe dat of the fwnder trustee, NKol8 GLst. was made cn Ihe tqsis that the donatv)n would be used to fund the Riddel Initigtwe for a number of ye8r Consequently £500,S(KS of Ihe ¢1)natn was helj in cash re8er¥es for expen(I"twe in sut6equent accwntir¥J pericJs. AS at 31 March 2023, the Charty had cash of£63W. strudur•. Gov•rn•D¢• •+KI M•n•9•Mt Tru8& S8l•ctlon M•thod• The members or the charty trusta88 may at any dxle to apwnt a new trustee. PrSed that the m8ximurn rMJmÈer of tru8tee8 allthved exc8&aed. All poteal new trustee$ are In¥th•J 10 research Go¥ommen¢ Ch•rtty cwml$61 web ¢0 famlllartse themsefves Trustees dutY&s and ¢t4yatb)n$, rn1 wtth som¢ of th¢ trust attend o trust m¢otsrvJ in to bg¢om? familiar wh the Chanty'$ work. The wenii4 twfytee then has the OPPMUW to lurtlw dcuM Ihg fxbyi kn¥oknJ In bKomlng a trustee before 4 dech eorK•rnkng llhw appoknlfflent is mK41. 1 nvw tru5t••s ar• T•quw•d to 5Vdn a D•¢tsrnth)n tsf Ellglh'ly. R•l•tlon•hlp wlth any Rdat•d Parti Our Ind9 $fK)nsor and prkn¢ipal donor In the yev was Nlcob Guest, wlfe of the Lqt• Oavk1 Rkjdell. M$ Gug$t 1$ 0180 O trustee of DNlcot TRAIN_ Inspwing Young P8opb ICh•rity numbor 11702581, hl¢h was the of ¥ 5 multkyear grant lor rent Costs lOt4ltrKI £15,CrfJO pA. Tru8t•u' R•¥pon•lbllltl•• The Iru5tees are responsibh for pr•Fqiiro th• R8F4Nt rf the Tnjsleos and th• firli1 6talernents In accwdance wth app1kat And th6 Unrted Kingdcffi A¢¢tyJntirrfJ StaTra•rds Iunittsa Gen•ralty Atcopted Aecounting Practs'ce GAAPI. The Law applKable ¢0 Chairtios in En¥arKI a1 Wales, tr charit A¢1 2011, Charity (A¢¢1$ Rewrt$l Ro9ulation$ and tho prow¥ions d Ihe Governing 0Ument requires the Iru5tee5 to prepare finCvl slatemenls for each financial year whh olve a twe and foir view of the affairs of Ihe ¢horty arKJ of lh8 in¢omi(wJ resour¢e$ 8ThJ ar¥)11¢8bon of ro$ource&. IlUdIng th• inwm and •xpeTrJrture c4 lor Ihwt p. In Fryqiing th8 finaAdI stat•rMnts, the trustees ar• requlred lo.. select 8Urtab accwntiThJ po8 and Ihen apFty them ConSten, obser¥e the rn8lhod8 and prMCip in the Chairty SORP, rnake iudg8rn8nts aThJ estimates that are reascffiat48 aThJ PrTr( prepare the slatamants on the wng bass lesS il Is Inapprowkte to p¥ewJrne that tha CIO wlll contIr to oper8t8. Th8 trtee& ara reSpwSib for ke8FrfTrJ P¥CP8r acctia rxords wkn fea8Ctht4e 8c£ur8cy at aTry t1 t Iar1 pcits"on of the charty and lo enable them to ensure that finala1 statem8Trts comply Charrties Aet YJ11. the Chanty (Accounts and Repytsl Reguiatiuts 8nd the prrNi4fm8 of th8 (kJv8rThw DJment TY are 8180 respon&tAe for safBguardin9 the assets of th& charity and f(¥ t4.1j ¢5 for the k¥¢¥t)n and detection of fraud and OThef 1rrEgu*rll¥. 28 November 2023 Apwoved by Trust888 on ................................................................................................................................. SigngJ on their behaK by Twstee ........................................................................................................................... print Narne.. Nicole Guest
DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE FIRST PERIOD ENDED 31ST MARCH 2023
| Notes INCOMING RESOURCES Incoming Resources from Generated Funds Donations, Grants & Legacies 3a Charitable Activities 3b Investment Income 3c Other Incoming Resources 3d TOTAL INCOMING RESOURCES RESOURCES EXPENDED Costs of Generating Funds Cost of Charitable Activities 4a Governance Costs 4b TOTAL RESOURCES EXPENDED NET INCOMING (OUTGOING) RESOURCES Funds Brought Forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted Restricted TOTAL Funds Funds 2022/23 £ £ £ 714,726 - 714,726 7,796 - 7,796 7,031 - 7,031 40 - 40 729,593 - 729,593 591,504 - 591,504 1,600 - 1,600 593,104 - 593,104 136,489 - 136,489 - - - 136,489 - 136,489 |
|---|---|
Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.
The notes on pages 9 to 16 form part of these financial statements.
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DAVID RIDDELL MEMORIAL CIO (ChaIrtab IrKortKYa1 OrganisatMI BALANCE SHEET AS AT 31ST MARCH 2023 LInre5tr1 RestrKtgd Fur FuThJ5 Totql 31-Mar-23 Not• Flx•d Aswts Tan9ible As88t8 Investments Totd Flxe¢l A88•t¥ 1.783 1,783 1.783 1,783 Curmnt A%••ti D8btor8 & Prepayments Ca¥h 4t Bgnk 4nd In Hand 636.806 836.806 636.806 836.806 Cr•dltors'. Amwnt$ f81ty due wfthkn or• 10 251.850 251,850 t4ET CURRENT ASSETS 384,956 TOTALA55ÈTS oJrr8nt 380.739 386,739 Cr•dbtor•'. AmtyJN8 f41J Ij In MI th•n iJ)• )w 11 2S).250 250,250 NET ASSETS 1Y8.489 138,489 FurKli of1 Chrfty Gernral Fund5 Restrlcted Funds 138A89 136,489 Total Fundi 1J8,489 136,489 28 November 2023 Apwoved by Trustees ..........,...................................................................................................................... sn&y on their b8haff by Trn8188 ........................................................................................................................... print Name.. Nicole Guest
DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
CASH FLOW STATEMENT FOR THE PERIOD ENDED 31ST MARCH 2023
| TOTAL | |||
|---|---|---|---|
| 2022/23 | |||
| Note | £ | £ | |
| Cash Flows From Operating Activities | |||
| Cash generated from/(absorbed by) operations | 13 | 629,775 | |
| Investing Activities | |||
| Investment income received | 3c | 7,031 | |
| Net Cash Generated from Investing Activities | 7,031 | ||
| Net cash used in financing activities | - | ||
| Net Increase/(Decrease) in Cash and Cash Equivalents | 636,806 | ||
| Cash and cash equivalents at beginning of year | - | ||
| Cash and Cash Equivalents at End of Financial Period | 8 | 636,806 |
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DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE FIRST PERIOD ENDED 31ST MARCH 2023
1. ACCOUNTING POLICIES
Basis of Preparation & Assessment of Going Concern
Basis of Preparation
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP - FRS102) and the Charities Act 2011.
The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.
Assessment of Going Concern
Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.
Incoming Resources
Recognition of Incoming Resources
These are included in the Statement of Financial Activities (SOFA) when:
▪ the charity becomes entitled to the resources;
▪ the trustees are virtually certain they will receive the resources; and
▪ the monetary value can be measured with sufficient reliability
Incoming Resources with Related Expenditure
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.
Grants and Donations
Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Tax Reclaims on Donations and Gifts
Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate.
Contractual Income and Performance Related Grants
This is only included in the SOFA once the related goods or services has been delivered.
Gifts in Kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.
Donated Services and Facilities
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
Volunteer Help
The value of any voluntary help received is not included in the accounts.
Investment Income
This is included in the accounts when receivable.
Investment Gains and Losses
This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
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DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE FIRST PERIOD ENDED 31ST MARCH 2023
1. ACCOUNTING POLICIES (continued)
Expenditure and Liabilities
Liability Recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Governance Costs
Include costs of the preparation and examination of statutory accounts, the costs of the trustees meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with Performance Conditions
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.
Grants Payable without Performance Conditions
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.
Investments
Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.
Unrestricted funds
These funds can be used for the general objectives of the charity as set out in the trustees report. The movements of the unrestricted funds are given in the Statement of Financial Activities.
Restricted funds
These funds are where the donor has specified a purpose for the donation made. These restrictions often arise as a result of appeals for special offerings for specific purposes.
Designated funds
These funds are funds set aside by the trustees out of unrestricted general funds for particular purposes or projects.
Fixed Assets
Fixed Assets are capitalised if they can be used for more than one year and cost at least £1,500. They are valued at cost or, if gifted, at the value to the charity on receipt.
Depreciation Expense
Depreciation is calculated at a rate to write off the cost of tangible fixed assets over their estimated useful lives. The rates applied are as follows:
Fixtures, Fittings and Equipment
25% - Reducing Balance Basis
2. TANGIBLE FIXED ASSETS
The CIO held no fixed assets during this initial financial period.
The annual commitments under non-cancelling operating leases and capital commitments are as follows: 31st March 2023 : None
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DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE FIRST PERIOD ENDED 31ST MARCH 2023
3. INCOMING RESOURCES
| Note a) Donations, Grants & Legacies Gift Aid Tax Recovered Gifts & Donations Grants Received b) Charitable Activities Activities & Projects c) Investment Income Interest d) Other Incoming Resources Sundry Income |
Unrestricted Restricted TOTAL Funds Funds 2022/23 £ £ £ 105,513 - 105,513 485,115 - 485,115 124,098 - 124,098 714,726 - 714,726 7,796 - 7,796 7,796 - 7,796 7,031 - 7,031 7,031 - 7,031 40 - 40 40 - 40 |
|---|---|
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DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE FIRST PERIOD ENDED 31ST MARCH 2023
4. RESOURCES EXPENDED
| Note a) Cost of Charitable Activities Activities & Projects Administrative Expenses Bank Charges Charitable Grants 5 Insurance Costs b) Governance Costs Independent Examiners Fees 9 |
Unrestricted Restricted TOTAL Funds Funds 2022/23 £ £ £ 28,731 - 28,731 70 - 70 102 - 102 562,316 - 562,316 285 - 285 591,504 - 591,504 1,600 - 1,600 1,600 - 1,600 |
|---|---|
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DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE FIRST PERIOD ENDED 31ST MARCH 2023
5. GRANTS EXPENDED
| Suicide Awareness and Prevention CASY Mental Health Grant James' Place Charity Mental Health and Well Being of Young People African Refugee Bromley Brighter Didcot TRAIN Nicodemus Community Connect SAFE Foundation Boys to Men Sandwell Youth In Action BME YP Self Injury Support Dedicated YW Success Club CIO Walk on Calm Side We Are Grow Eat the Rainbow Grant |
Grants to Grants to TOTAL Institutions Individuals 2022/23 £ £ £ 12,980 - 12,980 500,000 - 500,000 512,980 - 512,980 1,000 - 1,000 5,000 - 5,000 15,000 - 15,000 5,000 - 5,000 5,000 - 5,000 5,000 - 5,000 5,000 - 5,000 4,146 - 4,146 4,190 - 4,190 49,336 - 49,336 562,316 - 562,316 |
|---|---|
6. RESTRICTED FUNDS
The CIO held no restricted funds during this initial financial period.
7. INVESTMENTS
| Market Value at 29-Nov-21 Additions Disposal Unrealised Gains/(Losses) Market Value at 31-Mar-23 |
Seedrs Unrestricted Restricted Total Limited Fund Fund 2022/23 £ £ £ £ - - - - 1,783 1,783 - 1,783 - - - - - - - - 1,783 1,783 - 1,783 |
|---|---|
The Charity holds investments with Seedrs Limited (Registered Company Number 06848016) and held 416.0025725219667651 units with a share value of £1,783.47 as at the 31st March 2023. Seedrs Limited (Registered Company Number 06848016) is an online investment platform which is authorised and regulated by the Financial Conduct Authority.
The Total Return Investment was provided to the Charity by Daniel Boehm as a total return investment and the income and realised gains derived from the investment can be used by the Charity for General Charitable Purposes.
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DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE FIRST PERIOD ENDED 31ST MARCH 2023
8. CASH AT BANK AND IN HAND
| Cash at Bank & in Hand 9. DEBTORS AND PREPAYMENTS Sundry Debtors 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Deferred Income Independent Examiners Fees 11. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR Deferred Income 12. NET ASSETS BETWEEN FUNDS Fixed Asset Investments Net Current Assets Long Term Liabilities |
Unrestricted Restricted Total Fund Fund 31-Mar-23 £ £ £ 636,806 - 636,806 636,806 - 636,806 Unrestricted Restricted Total Fund Fund 31-Mar-23 £ £ £ - - - - - - Unrestricted Restricted Total Fund Fund 31-Mar-23 £ £ £ 250,250 - 250,250 1,600 - 1,600 251,850 - 251,850 Unrestricted Restricted Total Fund Fund 31-Mar-23 £ £ £ 250,250 - 250,250 250,250 - 250,250 Unrestricted Restricted Total Funds Funds 31-Mar-23 £ £ £ - - - 136,489 - 136,489 - - - 136,489 - 136,489 |
|---|---|
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DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE FIRST PERIOD ENDED 31ST MARCH 2023
13.. CASH GENERATED FROM OPERATIONS
| Note Surplus/(Deficit) for the financial period Adjustment For: Investment income recognised in statement of financial activities 3c & 7 Depreciation charges Movement in Working Capital: (Increase) in Debtors Increase in Creditors Cash Generated From/(Absorbed by) Operations |
TOTAL 2022/23 £ 136,489 (8,815) - - 502,100 629,775 |
|---|---|
15
DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE FIRST PERIOD ENDED 31ST MARCH 2023
14. STAFF COSTS AND NUMBERS
The Charity employed no members of staff during this initial financial period.
15. PAYMENTS TO TRUSTEES AND OTHER RELATED PARTIES
During the financial period the David Riddell Memorial CIO made charitable grants of £15,000 to Didcot TRAIN - Inspiring Young People (Registered Charity Number 1176258) to assist with the rental costs in furthering the Charity's objects. Trustee Nicole Guest is also a Trustee of Didcot TRAIN - Inspiring Young People (Registered Charity Number 1176258) and all conflicts of interest have been identified, documented and managed in accordance with the Charity's Governing Document.
No other payments were made to trustees or any persons connected with them during this financial period. No other material transaction took place between the organisation and a trustee or any person connected with them.
16. RISK ASSESSMENT
The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
17. RESERVES POLICY
The Trustees have considered the level of reserves they wish to retain, appropriate to the CIO's needs. This is based on the CIO's size and the level of financial commitments held. The Trustees aim to ensure the CIO will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees will endeavour not to set aside funds unnecessarily.
18. PUBLIC BENEFIT
The CIO acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the CIO has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the CIO should undertake.
19. COMPARATIVE FIGURES
There are no comparative figures available as this is the initial period of registered Incorporated Charitable Activity.
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DAVID RIDDELL MEMORIAL CIO Icharitsble IncorFY)r3te(J Organisab"onl INDEPENDENT exAMINER'S REPORT ON TME ACGQUNT5 RèFK)rt to the trusteesl rnemtrs of th• DAVVJ Rthell OI1a1 CIO on tha acc(yJnts for ts firsi p8ric#J end1 31st March 2023 sgt oJt on pages 6 to 16. R98P8¢tlve re•pOnbIllI1 01trust# and •xarnlnv The Lharitys Iruslees are reswsitAe the preparat of the finarrial ststements. The trustees a satisfd that the aLwJit raquirement of SectKJn 144111 ol the Charities Acl 2011 Ithe N)18M)ly, that there is no reqtsirement in th• verning document or constrtution of the Charify lor the CorKluCti of an audiL As a cc¥)Seorts. thè trust88s have Having sati3fied myself that the tharlty not subj1 to audiL aThJ k% 1b10 for Indepw8nt examination. h is mv responsibility to:. al examine th8 a¢counts undef stictK 145 ofth8knL" bl its foltow thg prrrAdurLq 18#1 (trjwn In nirt ljy th• Charity eomrnlBSffl und•r so¢tky t4SISllbl of tho Act,. a., ¢1 ¢0 3t8te whelh8r particular Mattw$.h come kn my attenkn. 8a•ls of IndondeNt ex•mln•rfs Jtst•m•nt l ¢onductgJ my examination in accc¥dancg vthh the Genernl by thts ChBrty Commlssloners for England & Wnlopj in relotion to tho ¢ondv¢bn9 01 on indendant •x•minafiort. rdrrrpJ to abu¥e. AJ) in¢epen(kn)l Aèiiiiiia¢MJii ilikn1J¥ revlew ol the aceoufiting rgwds kepl by the Charty and of Jn.J systoms •mploy•J by the Charity and comparison ol th• fina81 ItsterlS presonbj with th rs¢tyd¥. tt alyo ludeS consSd6f8tion of gny unu3ug1 iterns or Isciosuras In the nnanciai ststem6nts, aThJ S¢aking explanatio trom you as trusttts concernsng 8uch matters. The purpos8 ol the èxamination ig to estsblish as far as pJsble that thoro h•vo boon no of th8 Chariti9$ 19glslafjon and that th8 flnancial $18tarnenis cornply wth th8 SORP. on a t•Sl basffj. of evidence relwant to ornounts and disc108ures in th8 flnanrjal slatenIS The procedures undertakan do ntst provid8 all the evl¢J6nco ihol woukl t required In an audft, and Snfomiation $upplled by thè trusttg$ in the course of the examinat * not 8ubjthJ lo audit lests and nSequen¢1Y I do nol express an ¥ydlt oplni¢n on the view given by th8 fina•1 3tstementSi aTrJ in particJJlar, l èxpress r OTrI0n as to wh8lh8r the financial Jtalorn8nl• o5¥? 8 true an(1 f8lr ¥lew of Iho •ff'r8 of tha charity. and my rrfl i4 limilArt In rrnt1 Thrt in th AtAtfrnMt bolow. I planned and pwformed my examlmtion $0 M to 8•1isfy my8eif that th• obj108 of Iho indgpgndgnl examinallon are A¢hVad tefore finalrding the report l obtsin vrtIt aMur•n¢es from the Irustees of all material mittarn. In(top•nd•nt •xamln•f8 •tst•m•nt The charitys grou income exceed £250.CW and I quali to uThJ8rtakè th• trxofflinatk)n by bwng a qualffjed rnember of the Assodallon 0fAuntIrw3 TlICIOns. In conneclic)n wth My axarn¢natk. no matter has c(8 to my attant.. which reasonatse cause to believe that in any matgri¥l rgsF¢c( the requlremenls.. to keep 8C¢OUYbtin9 records in xcordance ?th seclion 130 of th• Ch•rifios ACL. 4Th to prepare actounls which aceorf rw))rd5 aThJ comFty thè accthnts'ng rnquir¢monts ol the Charitigs A¢1 have not been mot to which. rny wnkn. altenlkjn sth)uhJ be dravm in ord8r to enable a proper urnJErstJnding of the alUnIS lo tre reached. Collaku MAAT Costle View Accounting Ltd New Bam mdrry Lane 8osham Chichester West Sussex P018 8TS Date.. 6th 2023 17