2023-04-05-accounts

Charity number: 213879

Sir John Perrot Trust

Report of the Trustees and Unaudited Financial Statements

For the year ended 05 April 2023

Sir John Perrot Trust Contents Page For the year ended 05 April 2023

Report of the Trustees	1
Independent Examiner's Report to the Trustees	2
Statement of Financial Activities	3
Statement of Financial Position	4
Notes to the Financial Statements	5 to 9
Detailed Statement of Financial Activities	10

Sir John Perrot Trust Report of the Trustees For the year ended 05 April 2023

The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 05 April 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 the Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.

REFERENCE AND ADMINISTRATIVE INFORMATION

Name of Charity Sir John Perrot Trust Charity registration number 213879 Principal address The Tithe Exchange 9 Victoria Place Haverfordwest Pembrokeshire SA61 2JX

Trustees

The trustees and officers serving during the year and since the year end were as follows:

Mr Peter Allan Stock Mrs H Richards Mrs Pat Barker Mr Alan Buckfield Mrs Jenifer Morgans Mr Christopher Evans Mrs Nicola Howells Mr Derek Rees Independent examiners A S Harries 2nd Floor 9 Victoria Place Haverfordwest Pembrokeshire SA61 2JX

Approved by the Board of Trustees and signed on its behalf by

............................................................................. 25 September 2023 Mr Peter Allan Stock

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Sir John Perrot Trust Independent Examiners Report to the Trustees For the year ended 05 April 2023

I report to the trustees on my examination of the accounts of the charity for the year ended 05 April 2023.

Responsibilities and basis of report

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

I report in respect of my examination of the charity's accounts 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 145(5)(b) of the Act.

Independent examiners statement

I have completed my examination. I confirm that no 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 Charity as required by section 130 of the 2011 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.

A S Harries 2nd Floor 9 Victoria Place Haverfordwest Pembrokeshire SA61 2JX

25 September 2023

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Sir John Perrot Trust Statement of Financial Activities For the year ended 05 April 2023

Notes Income and endowments from: Charitable activities 2 Investments 3 Total Expenditure on: Raising funds 4/5 Charitable activities 6/7 Total Net income Reconciliation of funds Total funds brought forward Total funds carried forward	Unrestricted funds £ 121,286 16,735 138,021 ) (85,635 ) (24,062 ) (109,697 28,324 2,061,539 2,089,863	2022 £ 124,797 14,523 139,320 ) (20,454 ) (18,990 ) (39,444 99,876 1,988,228 2,088,104

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Sir John Perrot Trust Statement of Financial Position As at 05 April 2023

Notes Fixed assets Tangible assets 12 Current assets 13 Debtors Cash at bank and in hand Creditors: amounts falling due within one year 14 Net current assets Total assets less current liabilities Net assets The funds of the charity Unrestricted income funds 15 Revaluation reserve Total funds	£ 2023 1,897,086 1,897,086 6,767 1,755,999 1,762,766 ) (625 1,762,141 3,659,227 3,659,227 2,089,863 1,569,364 3,659,227	£ 2022 1,897,086 1,897,086 4,909 1,756,063 1,760,972 ) (590 1,760,382 3,657,468 3,657,468 2,088,104 1,569,364 3,657,468

The financial statements were approved and authorised for issue by the Board and signed on its behalf by:

Mr Peter Allan Stock Trustee

25 September 2023

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Sir John Perrot Trust Notes to the Financial Statements For the year ended 05 April 2023

1. Accounting Policies

Basis of accounting

The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 (FRS 102), and the Charities Act 2011.

Sir John Perrot Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Going concern

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

2. Income from charitable activities

Unrestricted funds Rental Rents Received nvestment income Unrestricted funds Income from unlisted investments Bank interest receivable xpenditure on generating donations and legacies Unrestricted funds Donations	2023 £ 121,286 2023 £ 6,791 9,944 16,735 2023 £ 14,631 14,631	2022 £ 124,797 2022 £ 7,788 6,735 14,523 2022 £ 4,465 4,465

3. Investment income

4. Expenditure on generating donations and legacies

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Sir John Perrot Trust Notes to the Financial Statements Continued For the year ended 05 April 2023

5. Expenditure on other trading activities

Unrestricted funds Support costs Costs of charitable activities by fund type Unrestricted funds Support costs Costs of charitable activities by activity type Activity 8 Activity 10 Analysis of support costs Fundraising trading Maintenance of properties Governance costs	2023 £ 71,004 71,004 2023 £ 24,062 2023 £ 23,437 625 24,062 2023 £ 71,004 24,062 95,066	2022 £ 15,989 15,989 2022 £ 18,990 2022 £ 18,400 590 18,990 2022 £ 15,989 18,990 34,979

6. Costs of charitable activities by fund type

7. Costs of charitable activities by activity type

8. Analysis of support costs

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Sir John Perrot Trust Notes to the Financial Statements Continued

For the year ended 05 April 2023

9. Net income/(expenditure) for the year

This is stated after charging/(crediting):

Accountancy fees 10. Particulars of employees Direct Employees	2023 £ 625 2023 0 0	2022 £ 590 2022 0 0

11. Comparative for the Statement of Financial Activities

The comparative year values on the Statement of Financial Activites are for unrestricted funds.

12. Tangible fixed assets

Cost or valuation At 06 April 2022 At 05 April 2023 Net book values At 05 April 2023 At 05 April 2022	Land and buildings £ 1,897,086 1,897,086 1,897,086
	1,897,086

13. Debtors

Amounts due within one year: Trade debtors Prepayments and accrued income	2023 £ 3,285 3,482 6,767	2022 £ 1,631 3,278 4,909

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Sir John Perrot Trust Notes to the Financial Statements Continued For the year ended 05 April 2023

14. Creditors: amounts falling due within one year

Trade creditors	2023 £ 625 625	2022 £ 590 590

15. Movement in funds

Unrestricted Funds General General Unrestricted Funds - Previous year General General	Balance at 06/04/2022 £ 2,061,539 2,061,539 Balance at 06/04/2021 £ 1,988,228 1,988,228	Incoming resources £ 138,021 138,021 Incoming resources £ 139,320 139,320	Outgoing resources £ ) (109,697 ) (109,697 Outgoing resources £ ) (39,444 ) (39,444	Balance at 05/04/2023 £ 2,089,863 2,089,863 Balance at 05/04/2022 £ 2,088,104 2,088,104

Purpose of unrestricted Funds

General

The funds of the chairty are to be applied to the improvement of the town and architectural facilities of Haverfordwest, and to the provision of low cost housing to individuals in Haverfordwest.

16. Analysis of net assets between funds

Unrestricted funds General General	Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ 1,897,086 1,762,141 3,659,227 1,897,086 1,762,141 3,659,227

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Sir John Perrot Trust Notes to the Financial Statements Continued For the year ended 05 April 2023

Previous year

Unrestricted funds General General	Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ 1,897,086 1,760,382 3,657,468 1,897,086 1,760,382 3,657,468

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Sir John Perrot Trust Detailed Statement of Financial Activities For the year ended 05 April 2023

INCOME AND ENDOWMENT Charitable activities Rents Received (Rental) Investments Income From Unlisted Investments Bank Interest Receivable Total incoming resources EXPENDITURE Raising donations and legacies Donations St Martins Church Haverfordwest Race Course Haverhub Town Clock Homeless Pembs SUPPORT COSTS Maintenance of properties Maintenance Of Properties Insurances Governance costs Clerk'S Fees (Activity 8) Postages Etc (Activity 8) Professional Fees (Activity 8) Accountancy Fees (Activity 10) Total resources expended Net Income	£ 2023 121,286 121,286 6,791 9,944 16,735 138,021 ) (1 - ) (5,000 ) (5,000 ) (4,130 ) (500 ) (14,631 ) (66,657 ) (4,347 ) (71,004 ) (18,168 ) (109 ) (5,160 ) (625 ) (24,062 ) (109,697 28,324	£ 2022 124,797 124,797 7,788 6,735 14,523
		139,320 - ) (2,000 - - ) (2,465 - ) (4,465 ) (14,896 ) (1,093 ) (15,989 ) (18,000 ) (400 - ) (590 ) (18,990
		) (39,444 99,876

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This page does not form part of the statutory financial statements