ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024
DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
CHARITY REGISTRATION No: 1196817
Castle View Accounting Ltd Ground Floor Offices 53 High Street Arundel West Sussex BN18 9AJ
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 17 | Notes to the Financial Statements |
| Page 18 | Independent Examiner's Report |
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DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER
CHARITY NUMBER 1196817 DATE OF REGISTRATION 29th November 2021 START OF FINANCIAL YEAR 1st April 2023 END OF FINANCIAL YEAR 31st March 2024 TRUSTEES AT 31ST MARCH 2024 Dr Claire Guest OBE Dr Louise Guest Nicole Guest Stephen Aulsebrook John MacLennan (Appointed 28th November 2023) Pam Bryan (Appointed 28th November 2023) Mandip Englund (Appointed 28th March 2024) 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 Ground Floor Offices 53 High Street Arundel West Sussex BN18 9AJ
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DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
TRUSTEES' REPORT
FOR THE YEAR ENDED 31ST MARCH 2024
Objectives and Activities
The Charity’s mission is to lower the number of deaths by suicide.
In the financial period ending 31 March 2024 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 made discretionary grants of between £5,000 and £25,000 where they believed that their contribution would make a real difference to suicide awareness or mental health and well-being.
Applications were 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 2024 our main achievements were:
1 . The Riddell Initiative - We continued our partnership with Brent, Wandsworth and Westminster MIND for phase 1 of The Riddell Initiative, which consisted of a 1-hour seminar on Suicide Awareness and Prevention. We also developed Phase 2, a 2- 2.5 Managing for Mental Health course with Grassroots Suicide Prevention. Over 300 people, mainly from debt restructuring and associated industries. attended these workshops.
2 . Small Grants - £327,280 of grants were awarded to 27 charities that work to reduce deaths by suicide and/or improve the mental health and wellbeing of young people.
3 . A £108.634 grant was made to Grassroots Suicide Prevention for their Breaking the Silence project, aimed at reducing teenage suicides.
Financial Review
Income for the year was £966,121. Expenditure was £579,026, of which £435,909 related to grant awards and £18,496 was for the Riddell Initiative. £250,250 of income recognised in the year was received in the previous financial period.
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DAVID RIDDELL MEMORIAL CIO ICharilai IrwtK>rated 0rgaThsanI TRUSTEES. REPORT Iconlinuedl FOR THE YEAR ENDED 31ST MARCH 2024 G5[. was m•Je th7 It ¢kn81th woJkJ Le to Inilikne a nuNthr of years. Asat 31 Mth 2024, u8h b31$)fE831,928. the Ch•ity's gelationship wFth atyRelètod Parti £1&0 p. t(L' 29 Octot*r 2024 Prhited N8m•.' Nicole Guest
DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2024
| 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 Realised Gains & (Losses) TOTAL FUNDS CARRIED FORWARD |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2023/24 2022/23 £ £ £ £ 947,636 - 947,636 714,726 - - - 7,796 18,485 - 18,485 7,031 - - - 40 966,121 - 966,121 729,593 576,376 - 576,376 591,504 2,490 - 2,490 1,600 578,866 - 578,866 593,104 387,255 - 387,255 136,489 136,489 - 136,489 - (142) - (142) - 523,603 - 523,603 136,489 |
|---|---|
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 17 form part of these financial statements.
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DAVID RIDDELL MEIAORIAL CIO BALANCE SHEET AS AT 31ST MARCH 2024 314A•r.24 31-Mèr-23 A860ts Tarytrk Assets 1.641 1.641 1.641 1.783 1.783 22.633 831.92B 854.561 22.633 831,928 84561 Cash ai Bank H $36,806 10 182.f 182AX) 351 NET CURRENT ASSETS 671.1 671,1 673.fj03 671603 386.739 150AKI {e year NET A&SÈTS 136 FundsofthoCtwSty Gewral Fthss Resthcw FtMYs 52&fg)3 136.489 T¢tsi Fun 523.•03 136A89 29 Octrti 2024 Priried N¥ntr. NICO Guesl
DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2024
| Note Cash Flows From Operating Activities Cash generated from/(absorbed by) operations 13 Investing Activities Investment income received 3c Net Cash Generated from Investing Activities Net cash used in financing activities Net Increase/(Decrease) in Cash and Cash Equivalents Cash and cash equivalents at beginning of year Cash and Cash Equivalents at End of Financial Period 8 |
TOTAL 2023/24 £ 176,637 18,485 18,485 - 195,122 636,806 831,928 |
TOTAL 2022/23 £ 629,775 7,031 7,031 - 636,806 - 636,806 |
|---|---|---|
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DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
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 note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2015) (Second Edition, effective 1st January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (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 YEAR ENDED 31ST MARCH 2024
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 £2,500. 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 tangible fixed assets during this or the previous financial period.
The annual commitments under non-cancelling operating leases and capital commitments are as follows:
31st March 2024 : None
31st March 2023 : None
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DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024
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 TOTAL Funds Funds 2023/24 2022/23 £ £ £ £ 52,633 - 52,633 105,513 895,003 - 895,003 485,115 - - - 124,098 947,636 - 947,636 714,726 - - - 7,796 - - - 7,796 18,485 - 18,485 7,031 18,485 - 18,485 7,031 - - - 40 - - - 40 |
|---|---|
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DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024
4. RESOURCES EXPENDED
| Note a) Cost of Charitable Activities Activities & Projects Administrative Expenses Bank Charges Charitable Grants 5 Fundraising Costs Insurance Costs Travel & Subsistence b) Governance Costs Independent Examiners Fees 9 Legal & Professional Fees |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2023/24 2022/23 £ £ £ £ 18,496 - 18,496 28,731 370 - 370 70 79 - 79 102 436,744 - 436,744 562,316 120,182 - 120,182 - 284 - 284 285 222 - 222 - 576,376 - 576,376 591,504 1,890 - 1,890 1,600 600 - 600 - 2,490 - 2,490 1,600 |
|---|---|
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DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024
5. GRANTS EXPENDED
| Suicide Awareness and Prevention CASY Mental Health Grant James' Place Charity Brent Centre for Young People - YP in Crisis Project Brent Wandsworth & West - Brent Project Be Free Campaign Grassroots Suicide Prevention - KS4 & 5 Project 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 OCD Action OCD Youth Project Success Club CIO Mindful Mentors Grant Prison Fellowship - Letter Link Pastoral Care Yellow House Cultural Project The Inspire and Achieve - AnXiety Project Be Free Young Carers Brighter Futures Grant Lindengate Green Volunteens Grant Our Time Kids Time Workshops Welwyn Hatfield Womens - Mental Health Project Cancerwise Children's Counselling Centre for Mental Health Children & YP MH Coalition Sandwell Youth In Action - TOY Project The Kids Network - Lambeth Programme Helm Training Art Therapy Project No 5 Young People Outreach Programme The Youth Counselling Pro School Counselling The Open Door Centre Bazaar Grant Switch180 Stop.Breathe.Think Grant Caudwell Youth Bucks Project Nottingham Counselling Se Grant Windmills Core Costs Restore Counselling Secondary School Project Relate MyBlackDog Nightline |
Grants to Grants to TOTAL TOTAL Institutions Individuals 2023/24 2022/23 £ £ £ £ - - - 12,980 - - - 500,000 10,000 - 10,000 - 10,000 - 10,000 - 25,000 - 25,000 - 108,624 - 108,624 - 153,624 - 153,624 512,980 - - - 1,000 - - - 5,000 15,000 - 15,000 15,000 - - - 5,000 - - - 5,000 - - - 5,000 - - - 5,000 - - - 4,146 - - - 4,190 5,000 - 5,000 - 5,740 - 5,740 - 6,402 - 6,402 - 8,714 - 8,714 - 9,144 - 9,144 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 12,500 - 12,500 - 15,000 - 15,000 - 15,000 - 15,000 - 15,000 - 15,000 - 15,000 - 15,000 - 16,000 - 16,000 - 4,620 - 4,620 - 15,000 - 15,000 - 15,000 - 15,000 - 283,120 - 283,120 49,336 436,744 - 436,744 562,316 |
|---|---|
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DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024
6. RESTRICTED FUNDS
The CIO held no restricted funds during this or the previous financial period.
7. INVESTMENTS
| Market Value at 01-Apr-23 Additions Disposal Unrealised Gains/(Losses) Market Value at 31-Mar-24 |
Seedrs Unrestricted Restricted Total Total Limited Fund Fund 2023/24 2022/23 £ £ £ £ £ 1,783 1,783 - 1,783 - - - - - 1,783 - - - - - (142) (142) - (142) - 1,641 1,641 - 1,641 1,783 |
|---|---|
The Charity holds investments with Seedrs Limited (Registered Company Number 06848016) and held 416.0025725219667651 units with a share value of £1,641.39 as at the 31st March 2024. 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 YEAR ENDED 31ST MARCH 2024
8. CASH AT BANK AND IN HAND
| Cash at Bank & in Hand 9. DEBTORS AND PREPAYMENTS Sundry Debtors |
Unrestricted Restricted Total Total Fund Fund 31-Mar-24 31-Mar-23 £ £ £ £ 831,928 - 831,928 636,806 831,928 - 831,928 636,806 Unrestricted Restricted Total Total Fund Fund 31-Mar-24 31-Mar-23 £ £ £ £ 22,633 - 22,633 - 22,633 - 22,633 - |
|---|---|
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Deferred Income Independent Examiners Fees Sundry Creditors |
Unrestricted Restricted Total Total Fund Fund 31-Mar-24 31-Mar-23 £ £ £ £ 145,250 - 145,250 250,250 1,890 - 1,890 1,600 35,460 - 35,460 - 182,600 - 182,600 251,850 |
|---|---|
11. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR
| Deferred Income | Unrestricted Restricted Total Total Fund Fund 31-Mar-24 31-Mar-23 £ £ £ £ 150,000 - 150,000 250,250 150,000 - 150,000 250,250 |
|---|---|
12. NET ASSETS BETWEEN FUNDS
| Fixed Asset Investments Net Current Assets Long Term Liabilities |
Unrestricted Restricted Total Total Funds Funds 31-Mar-24 31-Mar-23 £ £ £ £ - - - - 523,603 - 523,603 136,489 - - - - 523,603 - 523,603 136,489 |
|---|---|
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DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024
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 TOTAL 2023/24 2022/23 £ £ 387,255 136,489 (18,485) (8,815) - - (22,633)- (169,500)502,100 176,637 629,775 |
|---|---|
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DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024
14. STAFF COSTS AND NUMBERS
The Charity employed no members of staff during this or the previous 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 (2022/23:£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.
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DAVID RIDDELL MEMORIAL CIO
(Charitable Incorporated Organisation)
INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS
Report to the trustees/ members of the David Riddell Memorial CIO on the accounts for the year ended 31st March 2024 set out on pages 6 to 17.
Respective responsibilities of trustees and examiner
The Charity's trustees are responsible for the preparation of the financial statements. The trustees are satisfied that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the governing document or constitution of the Charity for the conducting of an audit. As a consequence, the trustees have elected that the financial statements be subject to independent examination.
Having satisfied myself that the charity is not subject to audit, and is eligible for independent examination, it is my responsibility
to:-
a) examine the accounts under section 145 of the Act;
b) to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Act; and;
c) to state whether particular matters have come to my attention.
Basis of independent examiner's statement
I conducted my examination in accordance with the General Directions given by the Charity Commissioners for England & Wales in relation to the conducting of an independent examination, referred to above. An independent examination includes a review of the accounting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of the Charities legislation and that the financial statements comply with the SORP, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements.
The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.
I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtain written assurances from the trustees of all material matters.
Independent examiner's statement
The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Association of Accounting Technicians.
In connection with my examination, no matter has come to my attention:
-
which gives me reasonable cause to believe that in any material respect, the requirements:
-
to keep accounting records in accordance with section 130 of the Charities Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
K. Collaku MAAT Castle View Accounting Ltd Ground Floor Offices 53 High Street Arundel West Sussex BN18 9AJ
Date: 21st November 2024
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