The Joseph James Charitable Trust 2020 - 1203046 Trustees’ Annual Report For The Year Ended 5 April 2024
The Trustees present their Annual Report together with the financial statements of the charity for the year ended 5 April 2024.
OBJECTIVES AND ACTIVITIES
The charitable objectives are to provide financial support to a local hospital to aid its ability to provide medical care to its patients.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
ACHIEVEMENTS AND PERFORMANCE
During the year, the charity made a large donation of £25,000 to a local hospital, to help fund the provision of medical care to its patients.
FINANCIAL REVIEW
The underlying income received, and expenses paid by the charity during the year under review were generally in line with expectations. Taking these matters into account the trustees are pleased to report that all its objectives for the year were achieved.
The trustees believe that the charity does not need any substantial reserves as expenses are minimal.
Reserves held at the year end were £4,824 which is considered to be sufficient to allow for any unexpected expenditure.
Going Concern
The Trustees have reviewed the circumstances of the charity and consider that adequate resources continue to be available to fund its activities for the foreseeable future. The Trustees are therefore of the view that the charity is a going concern.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The trust was established for charitable purposes on 12 May 2023 and is entered in the Central Register of Charities under registration number 1203046.
The trustees who served during the year and up to the date of signature of the financial statements were:
Mr C J Littler Mr J G Stone Mr N A Leaver
The responsibility to appoint new trustees is held by the existing trustees.
The trustees consider that all the major strategic, business and operational risks to which the charity is exposed, as identified by the trustees, have been reviewed and procedures have been put in place to mitigate those risks. Any transactions entered into by the charity is influenced only by the consideration of the charity’s own interests.
Donations are made from the annual income of the trust, after careful consideration by the trustees of applications received throughout the year.
The Joseph James Charitable Trust 2020 - 1203046 Trustees’ Annual Report For The Year Ended 5 April 2024
Statement of trustees' responsibilities
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.
In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees' report was approved by the Board of Trustees.
……………………………………………
Mr J G Stone
Trustee
29/04/2025 Date: ………………………..............
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Charity Name No (if any)
The Joseph James Charitable Trust 2020 1203046
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 12/05/2023 05/04/2024
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donations 30,000 - - 30,000 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
30,000 - - 30,000 -
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 30,000 - - 30,000 -
A3 Payments
Donations 25,000 - - 25,000 -
Sundry expenses 176 - - 176 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 25,176 ] - - 25,176 -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 25,176 - - 25,176 -
Net of receipts/(payments) 4,824 - - 4,824 -
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
Cash funds this year end 4,824 - - 4,824 -
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CCXX R1 accounts (SS)
05/02/2025
1
| Section B Statement of assets and liabilities at | Section B Statement of assets and liabilities at | the end of the period | |
|---|---|---|---|
| Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature Details Details Bank account Details Details Total cash funds (agree balances with receipts and payments account(s)) Details |
Unrestricted funds Restricted funds to nearest £ to nearest £ 4,824 - - - - - 4,824 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name J G Stone |
Endowment funds to nearest £ - - - |
| - | |||
| OK | |||
| Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval 29/04/2025 |
CCXX R2 accounts (SS)
05/02/2025
2
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ The Joseph James Charitable Trust 2020 members of On accounts for the year 05/04/2024 Charity no 1203046 ended (if any) Set out on page 1-2 (remember to include the page numbers of additional sheets)
Respective The charity's trustees are responsible for the preparation of the accounts in responsibilities of accordance with the requirements of the Charities Act 2011 (“the Act”). trustees and examiner
The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the Charities Act,
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to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) of the Act, and
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to state whether particular matters have come to my attention
Basis of independent examiner’s statement
My examination was carried out in accordance with general Directions given by the Charity Commission. 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 seeking explanations from the 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 the report is limited to those matters set out in the statement below.
Independent In connection with my examination, no material matters have come to my examiner's statement attention which gives me cause to believe that in, any material respect:
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accounting records were not kept in accordance with section 130 of the Charities Act or
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the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
| Signed: Name: Relevant professional qualification(s) or body (if any): |
29/04/2025 | |
|---|---|---|
| Mr Dean Rodgers | ||
| ACA |
3
May 2018
IER5
Address: Greenbank Technology Park, Challenge Way
Blackburn BB1 5QB
Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of None any items that the examiner wishes to disclose .
4
May 2018
IER5