**REGISTERED CHARITY NUMBER: 1199148** 

## **REPORT OF THE TRUSTEES AND** 

**UNAUDITED FINANCIAL STATEMENTS** 

**FOR THE PERIOD 31 MAY 2022 TO 30 JUNE 2023** 

**FOR** 

## **PEREI CHARITABLE FAMILY FOUNDATION** 

RJP LLP Ground Floor Egerton House 68 Baker Street Weybridge Surrey KT13 8AL 




**PEREI CHARITABLE FAMILY FOUNDATION** 

**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD 31 MAY 2022 TO 30 JUNE 2023** 

||**Page**|
|---|---|
|**Report of the Trustees**|1|
|**Independent Examiner's Report**|2|
|**Statement of Financial Activities**|3|
|**Balance Sheet**|4|
|**Notes to the Financial Statements**|5 to  6|






**PEREI CHARITABLE FAMILY FOUNDATION** 

**REPORT OF THE TRUSTEES FOR THE PERIOD 31 MAY 2022 TO 30 JUNE 2023** 

The trustees present their report with the financial statements of the charity for the period 31 May 2022 to 30 June 2023. The trustees have adopted the provisions of 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). 

## **OBJECTIVES AND ACTIVITIES** 

## **Objectives and aims** 

The objects of the CIO are for the public benefit to further any purpose which is exclusively charitable under the law of England and Wales. 

## **FINANCIAL REVIEW** 

## **Review of the year** 

The results for the period and the charity's financial position at the end of the period are shown in the attached financial statements. 

During the period the company received income of almost £400,000 and made a modest gain on investments of £5,535. At the period end the charity had net assets of £403,707. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** 

The charity is set up as a charitable incorporated organisation (CIO) and is registered with the Charity Commission under registration number 1199148. 

The CIO was registered with the Charity Commission on 31 May 2022 and is governed by its constitution and board of trustees. 

## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 

1199148 

## **Principal address** 

Old Blacknest Cottage Chiddingfold Road Dunsfold Godalming GU8 4PB 

## **Trustees** 

W R Perei (appointed 31.5.22) Mrs A M Perei (appointed 31.5.22) R A Perei (appointed 31.5.22) Mrs V L Perei (appointed 31.5.22) 

## **Independent Examiner** 

Simon Paterson RJP LLP Ground Floor Egerton House 68 Baker Street Weybridge Surrey KT13 8AL 

Approved by order of the board of trustees on 14 March 2024 and signed on its behalf by: 

W R Perei - Trustee 


Page 1 



**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PEREI CHARITABLE FAMILY FOUNDATION** 

## **Independent examiner's report to the trustees of Perei Charitable Family Foundation** 

I report to the charity trustees on my examination of the accounts of Perei Charitable Family Foundation (the Trust) for the period 31 May 2022 to 30 June 2023. 

## **Responsibilities and basis of report** 

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). 

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. 

## **Independent examiner's statement** 

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. 

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts 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 examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 


Simon Paterson 

RJP LLP Ground Floor Egerton House 68 Baker Street Weybridge Surrey KT13 8AL 

Date: 15 March 2024 


Page 2 



**PEREI CHARITABLE FAMILY FOUNDATION** 

## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 31 MAY 2022 TO 30 JUNE 2023** 

|||Unrestricted|
|---|---|---|
|||fund|
||Notes|£|
|**INCOME AND ENDOWMENTS FROM**|||
|Donations and legacies||399,482|
|Investment income|2|190|
|**Total**||399,672|
|**EXPENDITURE ON**|||
|Other||1,500|
|Net gains on investments||5,535|
|**NET INCOME**||403,707|
|**TOTAL FUNDS CARRIED FORWARD**||403,707|




The notes form part of these financial statements 

Page 3 



**PEREI CHARITABLE FAMILY FOUNDATION** 

## **BALANCE SHEET** 

## **30 JUNE 2023** 

|||Unrestricted|
|---|---|---|
|||fund|
||Notes|£|
|**FIXED ASSETS**|||
|Investments|4|295,535|
|**CURRENT ASSETS**|||
|Cash at bank||109,672|
|**CREDITORS**|||
|Amounts falling due within one year|5|(1,500)|
|**NET CURRENT ASSETS**||108,172|
|**TOTAL ASSETS LESS CURRENT LIABILITIES**||403,707|
|**NET ASSETS**||403,707|
|**FUNDS**|6||
|Unrestricted funds||403,707|
|**TOTAL FUNDS**||403,707|



The financial statements were approved by the Board of Trustees and authorised for issue on 14 March 2024 and were signed on its behalf by: 

W R Perei - Trustee 


The notes form part of these financial statements 

Page 4 



**PEREI CHARITABLE FAMILY FOUNDATION** 

**NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 31 MAY 2022 TO 30 JUNE 2023** 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charity, 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' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets. 

## **Income** 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a 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 can 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 a basis consistent with the use of resources. 

## **Taxation** 

The charity is exempt from tax on its charitable activities. 

## **Fund accounting** 

Unrestricted funds can be used in accordance 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 funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **2. INVESTMENT INCOME** 

|Deposit account interest|£<br>190|
|---|---|



## **3. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the period ended 30 June 2023. 

## **Trustees' expenses** 

There were no  trustees' expenses paid for the period ended 30 June 2023. 

## **4. FIXED ASSET INVESTMENTS** 

|**FIXED ASSET INVESTMENTS**||
|---|---|
||Listed|
||investments|
||£|
|**MARKET VALUE**||
|Additions|290,000|
|Revaluations|5,535|
|At 30 June 2023|295,535|
|**NET BOOK VALUE**||
|At 30 June 2023|295,535|



There were no investment assets outside the UK. 


Page 5 



**PEREI CHARITABLE FAMILY FOUNDATION** 

**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 31 MAY 2022 TO 30 JUNE 2023** 

## **4. FIXED ASSET INVESTMENTS - continued** 

Cost or valuation at 30 June 2023 is represented by: 

|||Listed|
|---|---|---|
|||investments|
|||£|
|Valuation in|2023|5,535|
|Cost||290,000|
|||295,535|



## **5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** 

|Other creditors|£<br>1,500|
|---|---|



## **6. MOVEMENT IN FUNDS** 

|**Unrestricted funds**<br>General fund<br>**TOTAL FUNDS**|Net<br>movement<br>in funds<br>£<br>403,707<br>403,707|At<br>30.6.23<br>£<br>403,707|
|---|---|---|
|||403,707|



Net movement in funds, included in the above are as follows: 

|**Unrestricted funds**<br>General fund<br>**TOTAL FUNDS**|Incoming<br>resources<br>£<br>399,672<br>399,672|Resources<br>expended<br>£<br>(1,500)<br>(1,500)|Gains and<br>Movement<br>losses<br>in funds<br>£<br>£<br>5,535<br>403,707<br>5,535<br>403,707|
|---|---|---|---|



## **7. RELATED PARTY DISCLOSURES** 

During the period the charity received donations of £399,482 from two companies over which certain trustees have control. 


Page 6