Ideas Without Boundaries Unaudited Financial Statements for the Year Ended 5 April 2023
Wilds Ltd
Chartered Accountants
Lancaster House
70-76 Blackburn Street
Radcliffe
Manchester
M26 2JW
Ideas Without Boundaries
Contents
| Trustees’ Annual Report | 1 |
|---|---|
| Accountants' report | 2 |
| Profit and loss account | 3 |
| Balance sheet | 4 |
| Notes to the accounts | 5 |
Ideas Without Boundaries
Trustees Annual Report
Registered Charity Number: 1196819 Charity's principal address: 10 Ringley Drive Whitefield M45 7LF Charity Trustees: Dr F. Maynard 10 Ringley Drive Whitefield M45 7LF Dr S. Maynard 10 Ringley drive Whitefield M45 7LF Mrs S. Bradstock 13 Hillingdon Drive Whitefield M45 7QQ Mrs E. Levene 24 Ferndale Avenue Whitefield M45 7QP Mr M. Maynard 13 South Avenue Whitefield M45 7TT Charitable Objectives: The charity was set following a distribution from an existing charity which was set up by a legacy. The objects of the charity are to distribute its surplus income to other registered charitable bodies. The trustees are aware that it was the intention of the donor that the main recipients should be Jewish & Medical charities, principally the former. Annual Activities: During the year the charity distributed £10,304 to other registered charities, which falls within the objectives above.
The trustees have approved the accounts and trustees report above.
........................................
MRS F MAYNARD TRUSTEE 20 July 2023
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Ideas Without Boundaries
Independent Examiners’ Report to the Trustees
Registered Charity Number 298331
We report on the accounts of the Trust for the year ended 5[th] April 2023, which are set out on pages 3 to 5.
Respective responsibilities of trustees and examiner
As the charity’s trustees you are responsible for the preparation of the accounts. You 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.
It is our responsibility to:
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examine the accounts (under section 145 of the 2011 Charities Act);
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to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the 2011 Charities Act); and
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to state whether particular matters have come to our attention.
Basis of independent examiners’ report
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 report is limited to those matters set out in the statement below.
Independent examiners’ statement
In connection with my examination, no matter has come to our attention:
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(1) which gives us reasonable cause to believe that, in any material respect, the requirements:
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to keep accounting records in accordance with s130 of the 2011 Charities Act; and
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to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Charities Act
have not been met; or
- (2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
......................................... Lancaster House Wilds Ltd 70-76 Blackburn Street Chartered Accountants Radcliffe 20 July 2023 Manchester M26 2JW
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Ideas Without Boundaries
Profit and Loss Account for the Year Ended 5 April 2023
| 2023 2022 £ £ £ Halstead dividend 24,800 17,600 Wadworth dividend 713 - 25,513 Changes in market value (148,662) - Management costs (195) (195) Accountancy (660) (149,517) (642) Income surplus available for distribution (124,006) Charitable distributions (10,304) (Shortfall)/Surplus income (134,310) |
£ 17,600 (837) |
|---|---|
| 16,763 (7,629) |
|
| 9,134 |
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Ideas Without Boundaries
Profit and Loss Account for the Year Ended 5 April 2023
Charitable Distributions
| RHS Ukraine Crisis Appeal Christies BWJPS KDHS CST Nephorotic Syndrome Trust Chabad Aish CAA The FED Camp Simcha Yad Vashem Ezra Care Bury Hospice NDCS Jews College Keren Laniado Hospital Beit Halochem Chai Cancer UJS MND JNF Parkinsons Desease Society UJIA British Friends of Aleph Duchenne UK Student Chaplaincy Listening Ear program |
613 180 1080 1324 200 660 450 324 324 324 324 324 324 540 324 324 324 54 324 54 324 613 648 324 10,304 |
4,900 613 613 613 600 290 |
|---|---|---|
| 7,629 |
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Ideas Without Boundaries
Balance Sheet as at 5 April 2023
| 2023 | 2023 | 2022 | |||
|---|---|---|---|---|---|
| Note | £ | £ | £ | £ | |
| Tangible assets | 1 | 606.938 | 755,650 | ||
| Broker Account | (15) | - | |||
| Cash at bank and in hand | 116,036 | 101,651 | |||
| Current liabilities | (660) | (642) | |||
| Net current assets | 115,361 | 101,009 | |||
| Net assets | 722,299 | 856,609 | |||
| Capital account | 2 | 847,475 | 847,475 | ||
| Current account | 3 | (125,176) | 9.134 | ||
| 722,299 | 856,609 |
In accordance with the engagement letter, we approve the financial information which comprises the Profit and Loss Account, the Balance Sheet and the related notes.
We acknowledge our responsibility for the financial information, and for providing Wilds Ltd with all information and explanations necessary for its compilation.
We give our authority for the financial information to be submitted to HM Revenue and Customs.
The financial information was approved by the partners on 20 July 2023.
.........................................
Dr F Maynard
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Ideas Without Boundaries
Notes to the Accounts for the Year Ended 5 April 2023
1. Tangible fixed assets
| Cost At 5 April 2022 Movements in Market value As at 5 April 2023 Net book value As at 5 April 2023 As at 5 April 2022 2. Capital Account As at 6 April 2022 Transferred In As at 5 April 2023 3. Current Account As at 6 April 2022 Shortfall for the year As at 5 April 2023 |
James Halstead Group Plc 320,000 Ordinary Shares of 5p each £ 745,600 (148,000) 592,600 592,600 745,800 |
Wadworth & Co 9 1/2 % Cumulative Preference Shares of £1 each £ 10,000 (662) 9,338 9,338 10,000 |
Total £ 755,600 (148,662) 606,938 606,938 755,600 Total £ - 847,475 |
|
|---|---|---|---|---|
| 847,475 | ||||
| Total £ 9,134 (134.310) (125,176) |
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