REGISTERED CHARITY NUMBER.. 1198140 REPORTOFTHE TRUSTEES AND UNAUDITED FINANCIALSTATEMENTS FOR THE YEAR ENDED 20 FEBRUARY2023 FOR THE BELLACK CHARITABLE FOUNDATION PAITS Financi81 & IT Services Ltd Ch8rtered Accountants 27 Old Gloucester Street London WC1N 3AX tknumenl Ref.. SLXFK-FPY&-YQEZ&7P23S
THE BELLACK CHARITABLE FOUNDATION CONTENTS OFTHE FINANCIAL STATEMENTS for the year ended 20 February 2023 Page Report of the trustees 1to2 Independent examiner's report Statement of financial activities Balance sheet Notes to the financial statements 6t07 tknumenl Ref.. SLXFK-FPY&-YQEZ&7P23S
THE BELLACK CHARITABLE FOUNDATION REPORT OFTHETRUSTEES Fortheyear ended 20 February 2023 Administrative Details of the Charily Th ofth BALDYS GARDEN CUILFAIL LEWES BN72BE rin 's truste Paul Bellack Jeffrey Craig Louise Bellack Governance and Management The charity is governed by its deed of trust dated 21 st February 2022. In accordance with the deed there must be at least two trustees. Apart from the first trustees, every trustee must be appointed by a resolution of the trustees passed at a special meeting called under clause 15 of the deed. In selecting individuals for appointment as trustees, the trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity. The deed also contains conditions for eligibility for trusteeship and termination of trusteeship. Objectives and Activities The objects of the charity are as follows: To a(Jvance such charitable purposes18ccording to the law of Englan(J and Wales) as the trustees see fit from time to tirne, in any part of the world, in particular by providing grants. A¢hievements and Pertorman¢e During the year the charity has provided financial support to the following organisations: Tibet Relief Fund Crisis Policy on reserves Given the low running costs of the charity, the trustees have no policy on reserves nor any plans to create a reseive fund. Page 1 tknumenl Ref.. SLXFK-FPY&-YQEZ&7P23S
Approved by order of the board of trustees on 18 April 2024 and signed on its behalf by.. P Bellack-Trustee Page 2 tknumenl Ref.. SLXFK-FPY&-YQEZ&7P23S
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF THE BELLACK CHARITABLE FOUNDATION Independent examiner's reportto thetrustees of The Bellackcharitable Foundation I report to the ch8rity trustees on my examination of the accoLJnts of The Bellack Charitable Foundation (the Trust) for the year ended 20 February 2023. Responsibilities and basis of report As the charity's trustees, you are responsible for the prep8ration of the accounts in accordance with the requirements of the Charities Act 2011 1"the Act"). I report in respect of my examin8tion of the Trust's 8ccounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in. any materi81 respect: the accounting records were not kept in accordance with section 130 of the Charities Act. or the accounts did not accord with the accounting records. or the accounts did not comply with the applicable requirernents concerning the form and content of accounts set out in the Charities IAccounts 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. I have no concerns and have come across no other matters in connection with the ex8mination to which attention should be drawn in this report in order to enable a proper understancling of the accounts to be reached. PAITS Financial & IT Services Ltd Chartered Accountants 27 Old Gloucester Street London WC1 N 3AX 18 April 2024 Page 3 tknumenl Ref.. SLXFK-FPY&-YQEZ&7P23S
THE BELLACK CHARITABLE FOUNDATION STATEMENTOF FINANCIAL ACTIVITIES for the year ended 20 February 2023 2023 Unrestricted Fund 2023 Total Funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 31.000 31,000 Total 31,000 31,000 EXPENDITURE ON Charitable activities Donations to charitable organisations 12,000 12,000 Other 4,337 4.337 Total 16,337 16,337 NET INCOME I IEXPENDITUREI 14,663 14,663 RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 14.663 14,663 Page 4 tknumenl Ref.. SLXFK-FPY&-YQEZ&7P23S
THE BELLACK CHARITABLE FOUNDATION BALANCE SHEET 20 FEBRUARY 2023 2023 Unrestricted Fund 2023 Total Funds Notes CURRENT ASSETS Cash at bank 21.035 21,035 CREDITORS Amounts falling due within one year 1372) 13721 NET CURRENT ASSETS 20,663 20.663 TOTALASSETS LESS CURRENT LIABILITIES 20.663 20,663 CREDITORS Amounts falling due 8fter one ye8r 6,000 6.000 NET ASSETS 14,663 14,663 FUNDS Unrestricted funds 14.663 14,663 TOTAL FUNDS 14.663 14,663 The financial statements were approved by the B08rd of Trustees and authorised for issue on 18 April 2024 and were signed on its behalf by: P Bellack-Trustee Page 5 tknumenl Ref.. SLXFK-FPY&-YQEZ&7P23S
THE BELLACK CHARITABLE FOUNDATION NOTESTOTHE FINANCIALSTATEMENTS for the year ended 20 February 2023 ACCOUNTING POLICIES Basis of preparing the f inancial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prep8recJ in accordance with the Charities SORP IFRS 1021 Accounting and Reporting by Charities: the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting standard applic8ble in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014., Financial Reporting Standard 102, The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021. Income All income is recognised in the Statement of Financial Activities once the charity has entitlementto the funds. it is probable that the income will be received and the amount C8n be measured reliably. Expenditure Liabilities are recognised as expen(Jiture as soon as there is 8 legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation c8n be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on 8 basis consistent with the Llse of resources. Taxation The ch8rity is exempt from tax on its charitable activities. Fund accounting Unrestricted tunds c8n be used in accoriJ8nce with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when tunds are raise(J for particular restricte(J purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. TRUSTEES. REMUNERATION AND BENEFITS There were no trustees. remuneration or other benefits forthe year ended 20 February 2023. Trustees, expenses There were no trustees. expenses paid for the year ended 20 February 2023. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 Accru81s and deferred income 372 Page 6 tknumenl Ref.. SLXFK-FPY&-YQEZ&7P23S
THE BELLACK CHARITABLE FOUNDATION NOTESTO THE FINANCIAL STATEMENTS- continued for the year ended 20 February 2023 CREDITORS: ANOUNTS FALLING DUE AFTER ONE YEAR 2023 Other creditors 6,000 MOVEMENT IN FUNDS Net Movement infunds At 20.02.23 At 21.02.22 Unrestri¢ted funds General fund 14,663 14.663 TOTAL FUNDS 14.663 14.663 Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement infunds Unrestricted funds General fund 31,000 {16,3371 14,663 TOTAL FUNDS 31,000 {16,3371 14,663 RELATED PARTY DISCLOSURES During the year, £31,000 was received in donations from the trustees. Page 7 tknumenl Ref.. SLXFK-FPY&-YQEZ&7P23S