BATTERSON CHIVERS FOUNDATION FINANCIAL STATEMENTS FOR THE YEAR EIYDED 31 DECEMBER 2022 Bgtterson Chlvers Fonndadon D¢tails of the Charity Caroline Eli7abeth Crane (Chairnwi) Georgina Mary Chivers Judith Chivers Valerie Walton Chivers Sarah Annabel Neale Treasurer Georgina Mary Chivcrs Address for Correspondence Binbrook Bam Northfield Farni Long Road Conlberton Cambridge CB23 7DQ Registered Charity Number 219312 Independent Exvdminer Richard Crane Asplins Farni Toft Road Hardwick Canthridgeshire CB23 7QX Batterson Chivers Foundation Trust¢eg' Report for the year ¢llded 31 Deecmber 2022 The Trustees pr&8ent thcxr r¢wrt and financial statem¢nts for the year ended 31 De- cember 2022. St4tus and Objects By a d¢¢d dated l November 1962, R¢bekah Hope Chivers created the Batterson Chivers Foundation by settling £10,000 into Trust. The trustees used this cash surn to purchase cottages at Histon, which provided housing for thos¢ in n¢¢d, as spccificd in the tNst d¢¢d. On 3 October 1984 W N Chiv¢T8, Mrs V W Chivers, J Cbiv¢rs and Mrs J Chivers added to the trust fund by passing to the truste¢s an interest in land at Arbury Camp, Cambridge. Between 1995 and 2002, the land and the cottages were sold. The Proceeds of sale have been invested. The trusts¢s apply the investment income arising to mak¢ pay- ¢nts to oharities, and others, whose work is within the objects specified in the tn18t deed of Batterson Chivers Foundation. Payments made by the trustees during 2015 listed in the a¢￿Unts on page S. Trustees Thc trust¢e8 who served during the year were: Caroline Elizabeth Crane Judith Chivers G¢orgina Mary ChÉvers Valerie Walton Chivers Sarah Annabel Neale The trustees ￿ not subject to periodical re-eleotion. stalen￿￿1 of Trwlees'Respottfibllllles Law applicable to charities in England and Wal¢s rquir¢s the tr[￿¢3 to pr¢par¢ fi- nancial statem¢nts for each f￿anCial year wht¢h gives a lrne and fair view of the Charity's financial activities during the year and of its financial position at the end of the year, In prep￿ing financial statements givtng a true and fair view, th¢ trustees should follow best practice and select suitable accounting policies and apply them consistently* rnake judgements and estin]ates that are reasonable and prudent. state whether applicable accounting standards and stat¢m¢nts of rwommended practic¢ have been followed, subject to any departures disclos¢d and explained in the financial statements" prepare the fmancial statements on the going con¢¢rn basis unle8S it is inap- propriate to assume that th¢ Charity will k able to continue to me¢t its objec- tives. The tn]st¢es are responsible for keeping accounting Tccords which disclose with rea- sonable accwacy the financial position of the Charity and which enable them to ascer- tain the financial position of th¢ Clwity and which ¢nable th¢m to ensure that the fi- nancial stst¢ments comply with th¢ Chariti¢s Act 1993 and regulations made thereun- der. The trust¢es are also responsible for safeguarding the &8sets of the charity and hence for taking reasonable steps for th¢ pr¢v¢ntion of fraud and other irregularities. InveslpnentPowers By the trust deed, the trustees are giv¢n widc powers of investment in land and build- ings. Aclivitles andFinanciol S¢otett*nts Thc aotiviti¢s for the year are set out in the 4ttach¢d financial statements. The tNst n￿de donations, in a¢¢oTdance with its Ch￿￿table objects, to other charities totaling £29,000 (2021,. £30,000). Th¢ only other expenditure was stockbTolceTS' fees of £1,316 (2021.. £3.108) During the year the Foundation received investment income of £29,585 (2021.. £32,297). At 31 December 2022. the trust ￿lld had net a&sets of £850.746 (2021.. £924,421). Oryanisallon The trustees set out thc gen¢ral wlicy of the Charity and detemiine charitable distri- bution8. ON BEHALF OF THE BOARD Carollne Crane Chalrman Batterson Chivers Foundatfion Independent Ex4miner's Rept)rt ttb the Trustees for the yevdr ended 31 December 2022 I have examined the financial statements for the year end¢d 31 December 2022. Respecklve Responsibilllies of Truslees andExaminer As the Charity's truste¢s you are responsible for the preparation of the financial state- m¢nts and you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) do¢s not apply. It is my responsibility to stat¢, on the basis of pro- c¢dures specified in the General Directions given by the CharAty Commission und¢r s￿tIOn 43(7)(b) of the Act, whether particular matters have come to my attention. Basis ofJndependeAt Exam￿Ner'S Report My examination was carried out in ac¢ordan¢e with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting rec- ords kept by the Charity and a comparison of the fman¢ial ststements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statem¢nts and seeking explanations from you as trustees concerntng any such matters, The procedures undertak¢n do not provide all the evidence that would b¢ required in an audit, and consequently I do not express an audit opinion on th¢ vi¢w given by the financial statements. Independenl Eydminer's Stalemenl In conn¢ction with our examination, no matter has come to my attention: which gives me reasonable cause to believe that in any material respect the re- quirements: to ke¢p a¢¢owiting ￿ordS in accordanc¢ with s¢ction 41 of the Act, to prepare financi￿ statements which accord with the accounting rec- ords. and to comply with the accounting requirements of the Act have not been met. or that the statement of accounts does not oomply with any T¢quirements of regulation 3 of the Charity (Accounts and Reports) Regulations 1995, except the requtr¢ments specified in paTagraph l of Part III of Schedule I to those Regulations. or to which in my opinion, attention should be drawn in order to enable a Proper understanding of the financial statements to be reached. Richard Cran¢ 12 aA13 Batterson Chiver5 Foundfjtion Balance Sheet at 31 December 2022 2022 2021 Investments lat marketv3luel Quoted securities The Charities Property Fund 211316 605568 232,516.00 657 312.00 889,828.00 816,884.00 Current A55ets Cash at stockbrokers Cash at bank 1045 32817.36 2,287.00 32,306.00 33,862.36 34,"593.00 Creditor 850,746 924,421 flnanced by.. Capltal Account Balance at l JanLJary 2021 Donatlon received 898654 814,116.00 898,654.00 814,116.00 Movement In Investment Values Balance at 31 December 2021 -72,944.OQ 84A38.00 825,710.00 898,654.00 Income Account 25,036.28 25,767.00 850,746 924,421 Batterson Chivers Foundation Income Account for the year ended 310ecember 2022 2022 2021 Intome Dividends & interest on quoted investments Rent from Charitie5 Property Fund Profit On Sale of Investments Bank interest 4,801.69 24,782.98 0.00 4,249.35 25,051.05 2,997.00 29,584.67 32,297.40 Expendlture Stockbroker's fees -1315.77 28,268.90 25767.38 -3,107.53 29,189.87 26,577.51 Balance of Income Account at l January 2021 Dlstrlbution5 to Charltles 29.000 30000 -29000 25,036.28 -30000 25,767.38