Charity number: 213879
Sir John Perrot Trust
Report of the Trustees and Unaudited Financial Statements
For the year ended 05 April 2024
Sir John Perrot Trust Contents Page For the year ended 05 April 2024
| 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 2024
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 05 Apr 2024. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommende Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable i 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 benefi 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 Pat Barker Mrs Nicola Howells Mr Derek Rees Mrs Gill HIll Cllr Jill Owens Cllr Martin Lewis Cllr Ray Thomas JP Cllr Shane Pearce Cllr Bob Simister Cllr Peter Lewis JP 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
............................................................................. 18 November 2024 Mr Peter Allan Stock
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Sir John Perrot Trust Independent Examiners Report to the Trustees For the year ended 05 April 2024
I report to the trustees on my examination of the accounts of the charity for the year ended 05 April 2024.
Responsibilities and basis of report
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of th 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 carryin out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) o 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:
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accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
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the accounts do not accord with those records; or
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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
18 November 2024
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Sir John Perrot Trust Statement of Financial Activities For the year ended 05 April 2024
| 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 £ 129,434 23,094 152,528 ) (31,783 ) (28,434 ) (60,217 92,311 2,234,477 2,326,788 |
202 121,285 16,735 138,020 (85,634 (24,062 (109,696 28,324 2,061,539 2,089,863 |
|---|---|---|
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Sir John Perrot Trust Statement of Financial Position As at 05 April 2024
| 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 |
£ 2024 1,897,086 1,897,086 7,369 1,992,352 1,999,721 ) (655 1,999,066 3,896,152 3,896,152 2,326,788 1,569,364 3,896,152 |
202 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 |
|---|---|---|
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Mr Peter Allan Stock Trustee 18 November 2024
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Sir John Perrot Trust Notes to the Financial Statements For the year ended 05 April 2024
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 |
2024 £ 129,434 2024 £ 6,791 16,303 23,094 |
202 121,285 202 6,791 9,944 16,735 |
|---|---|---|
3. Investment income
4. Expenditure on generating donations and legacies
| Unrestricted funds Donations |
2024 £ 3,196 3,196 |
202 14,630 14,630 |
|---|---|---|
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Sir John Perrot Trust Notes to the Financial Statements Continued For the year ended 05 April 2024
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 General Activities Admin Costs Analysis of support costs Fundraising trading Maintenance of properties Governance costs |
2024 £ 28,587 28,587 2024 £ 28,434 2024 £ 27,779 655 28,434 2024 £ 28,587 28,434 57,021 |
202 71,004 71,004 202 24,062 202 23,437 625 24,062 2023 71,004 24,062 95,066 |
|---|---|---|
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 2024
9. Net income/(expenditure) for the year
This is stated after charging/(crediting):
| Accountancy fees Particulars of employees Direct Employees |
2024 £ 655 2024 0 0 |
202 625 202 |
|---|---|---|
10. Particulars of employees
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 2023 At 05 April 2024 Net book values At 05 April 2024 At 05 April 2023 |
Land an building 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 |
2024 £ 3,787 3,582 7,369 |
202 3,285 3,482 6,767 |
|---|---|---|
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Sir John Perrot Trust Notes to the Financial Statements Continued For the year ended 05 April 2024
14. Creditors: amounts falling due within one year
| Trade creditors | 2024 £ 655 655 |
202 625 625 |
|---|---|---|
15. Movement in funds
Unrestricted Funds
| General General Unrestricted Funds - Previous year General General |
Balance at 06/04/2023 £ 2,234,477 2,234,477 Balance at 06/04/2022 £ 2,061,539 2,061,539 |
Incoming resources £ 152,528 152,528 Incoming resources £ 138,020 138,020 |
Outgoing resources £ ) (60,217 ) (60,217 Outgoing resources £ ) (109,696 ) (109,696 |
Balance a 05/04/202 2,326,788 2,326,788 Balance a 05/04/202 2,089,863 2,089,863 |
|---|---|---|---|---|
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 Asset £ £ 1,897,086 1,999,066 3,896,152 1,897,086 1,999,066 3,896,152 |
|---|---|
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Sir John Perrot Trust Notes to the Financial Statements Continued For the year ended 05 April 2024
Previous year
| Unrestricted funds General General |
Tangible fixed assets Net current assets / (liabilities) Net Asset £ £ 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 Detailed Statement of Financial Activities For the year ended 05 April 2024
| INCOME AND ENDOWMENT Charitable activities Rents Received (Rental) Investments Income From Unlisted Investments Bank Interest Receivable Total incoming resources EXPENDITURE Raising donations and legacies Haverfordwest Race Course Haverhub Town Clock Homeless Pembs Haverfordwest High Haverfordwest High Presentation Shield Haverfordwest High Bursary Costs SUPPORT COSTS Maintenance of properties Maintenance Of Properties Insurances Governance costs Clerk'S Fees (General Activities) Postages Etc (General Activities) Professional Fees (General Activities) Accountancy Fees (Admin Costs) Total resources expended Net Income |
£ 2024 129,434 129,434 6,791 16,303 23,094 152,528 - - - - ) (50 ) (106 ) (3,040 ) (3,196 ) (23,314 ) (5,273 ) (28,587 ) (22,932 ) (347 ) (4,500 ) (655 ) (28,434 ) (60,217 92,311 |
£ 2023 121,285 121,285 6,791 9,944 16,735 |
|---|---|---|
| 138,020 ) (5,000 ) (5,000 ) (4,130 ) (500 - - - ) (14,630 ) (66,657 ) (4,347 ) (71,004 ) (18,168 ) (109 ) (5,160 ) (625 ) (24,062 |
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| ) (109,696 28,324 |
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This page does not form part of the statutory financial statements