BATTE< IISON CHIVI4 RS, FOUNDA'fIoN 14 INANCIAL STATEMEI NTS FOR THE YLAR EI NDED 31 DF.CEMBEI R 2023
Battei-son Cliivcrs Foun(llltioiL Details of tlie Chirt I'ity Trustees Cai'oline Eli£abeth Crane (Cl)aii'inMn) Georgiiid Maiy Chiveis Judiih Cliivei's S{ 'ali Aniiabel Neale Treasiirer Geoi'gina Maiy Cliivei's Ad(Ir¢ss for Coi'i'espondence Binbi'ook B21'n Noi'tlilield Faiiii Loiig lload Coinb¢i'ton Cainbi'idge CB23 7DQ ReElStered Charity Number 219312 Independent xainllnei" Ricliai-d Li'aiie Asplins Farm l'oft Road Fl¢11'dwiGk Can)biidgcshiTe CB23 7QX
BAttcrson Cliivcrs f4 oundation TrustLesY Rei)ort for tl)e Ye1- ended 31 Decembet. 2023 I'he Ti'ustees pieseiit theii. i'epoit (iiid fii)aiieial slateiiiciit8 for tlie yeai elided 311)e- ceinbLI' 2023. Siiitiis rtiid Objgc15 By a dLed datccl l Nov¢inbei' 1962, Rebekal) I lopc Chivei's Lreated tlie Batteison Chive13 FoiiiidcltioiTr by scttliDg £1 0,000 iiito 'l'i'iist. Tlie Ii'ustees u.sed this cash slim lo piircliase Cottages £lt HistrJLI, wliich pi'ovided lioiising foi. tliose in iieed, s specificd in tlie li'iist dLed. OLI 3 Octobei. 1984 W N Chivcis, Mi's V W Clifrvei's, J Chivcrs Aiid Mrs .T Cliivei's addcd to Ilie ti'ust ftind by Piissing to the liiistees an iiitci-est iii land at Ai'biiiy Canip. Laiiibi'idge. Betweeii 1995 aiid 2002, the land aiid the cottages welt sold. 'fhe piocce(Is of sale have btycii invcslcd. Tlie tl'LlSte#s apply tlie ii)vestinent iiiconie aLisiiig to iiiake P&2y- Inciils to charities. and otliers, wliose WOL'IC is wiiliin tlie objccls .8pecified in thL Ii'ust deed of Batteisoii Cliivei's Foundation. Paynients nTracle by the trLislees diii'ing 2015 are listed in ihe accounts oil pagTC 5. Ti'iisteej 'I'he li'ustees wlio seive(I dui'iiig tlie yeai. weLe'. Cciioline Elizabetli Crane Juditli Chiveis Georgina Mary Chivers Valci'ie Walton Cliivei's Sai-ah Aniiabel Neale 'rhe triistees are iiot subject to pei'iodical i'c-electioii. Slatenieiil nf Trtislees, Responsibililies Law applicable to chai'ities in England 8iid Wales i'cquii'es tlie hst¢eS to prepare fi- iiancial siatcinejits foi. each finaiickal yeai whicli gives a ti'ue ld fail. vitsw of tlie Charity's fin1( iicial activities diii'ing the yeai- and of ils fin<UIClÉ11 position at the eiid ot the yeaL'. hi pi-eparing fiiiancial stateineiits Liiving a tL'iie £1nd fair view. the trLiStees should follow best practice aiid sclecl siiitable dccountLIIL' policies aiid apply Lliem consisttrntIy' nicilic judgenieiit% and estitt]ates tliat are reasoiiable and pi'Lideiit; state whelliei. applicable accoiinting slandhrds aiid slateillenls of i'ecoirrnciided piuctice have be¢ii followed, subject lo any (lttpai'tLUts disclosed and explaiiied in Ilic finaiicial statemeiils. piepaie tlie fiiiill)cial stateiiienls on Ilie going coiicei'n b&s1S Liiile%s it IS knap- pIL)piilltc lo assuine Iliat the Chai'ity will be able to contiiiue to meet ils objec- tives. Tlie tiiislees ale responsible foi keepiiig accolllltiiig I'ecoiyls wlii¢h (ligclose witli Tea- sonable <lCLiiracy tlje fiiiancial posilioii of d)e Cliarity and wliÉch enable thein lo asc¢i'_ tain tlie fiLi3ncial position of tlie Chaiily aiid whicli eiiable tliciii lo eiisuLe tliat tlie fi- Il¢inciaL slateincnts comply Miitli Ilie Charities Aet 1993 aiid i'egiilatioiis in£ide tlicreuiJ- dci.. The tl'LlStees al'e also i'espoiisible foi. safeguaidiiig the asset8 of Ilie cliai'ily aiid Iieiice toi. talcing I'ea50nable steps foi. the pi'oveiitioii of ti'aiid Trd ollici. ii'reblLilai'ities.
Inveslnleiil Poivgv. By the list deed. the trustees al'e gyjii¢n wide powei's of iiivestiiient in laiid aiid biiild- Aclivilie5 llnil Fiiiciiicirtl Sl(i(eiiieiits Tlie activities foi. Ihe ye1( i are set oul iii tlie attaclied financial sliilenieiits. I"he li'iisl made doiiatloDS, iii accoi-dan¢e with its charitable objects. to otliei. Gliai'itiLs totaliiig £ 0(2022. £2)1, 000). The only otliet. expeiidituir iva% 4tockbrokeJ's' fees of £2,931 (2(322. £J, 316) Diii'ing ihe yeai. the l-.ouiidation Lcceived iiivestinent inconie of £40,572 (2022.. £29,585). Ai 31 Decenibei. 2023, the ti'usl fuiid Iiad iiet assets OF £850,281) (2922.- £850, 746). Oi'ganisation 'l-lie li'ustees sct out the geiieral policy of tlie Cliai'ity and d6teJniiiie c17aritiible (list¥i- butions. ON Bfi4ALF OF THEI BOARD C'ai'oliiiL Crane ChaArman
ttei'soii Chivei's fiounclation Iiideiienileiit Ci %ainineJ"y Ilepoi't to tlie'fE'u.4tce5 foi. the yeai. ellile(131 Dccember 2023 I Iiave exainiiied the fiiiancial slateinents foi. tlic yeai- eLided 31 Deceiiibei. 2023. Res])ecljiJe Re.sponsibililies of Truslees (iiicl Ex(Iniinei' As tlic CliaL'ity'S ti'ustecs YOLI al'e i'espoiisible foi. th¢ preparatioii of the fiiiaiicial stale- iiieiits aiid yoii coÈisidei' that tlie aiidit I'eqLIiTcnJent of section 43{2) of the Ch1( l'ilies Act 1993 (Ilie Act) docs not apply. It is IDY i'espoiisibility lo .%t<1tc, ()n tlic ba.%is o( pi'o- Lediii'es specified iii Ihe G¥iiei'al DiLectioiis giveii by tlie Cliai'ity Coniinission iiiidci. section 43(7)(b) of tlie Act, wlielliei- i)ailiciilai' Inattei's liave come to iiiy attention. IIuJii.w of Ilidgpeiideiii Einniiiier's Reijort N4y Cxamkiiation was cai-i-ied OLII in accui'daiicc with tlie Genei'al Dii'ections given by the Cliai'ity Coniniissioiici's. exaniinalion include% a i'cview of ISie accouiitiiig ie¢- ol-ds l(ept by the Charily and a ¢onipai'isoii ot tlie fiiian¢ial Statements pi'eselltcd with diose i'ccoi'ds. It also incliides Lonsidei'alion ot aiiy uniisual items oi- disLlosures iii the fiiiancial slatemeiils and seelcing cxplanic lions fi'oin yoii a.£ triislees coi)cerniiig ali), siicli iiiatters. Tlie pi'OLedui'cs uiiderlaken do Iiol pi'ovide all tlie evideiice that would be reqiiired in ali audit, aiid con5eqLieiitly I do iiot exi)i-ess ali aLidit opiiiioii oil thc view givcii by the finaiieial slateincijts. Indei)eiiileng Excitninei & Siulenieitl In connection with oui- examinc1tion, no inattei l]as Lonie to kiiy atteiition: whicli gives me reasonable causc to believe that in aiiy inatei'ial i'¢spect the i'e- qiiireinents.. to keep accoiinling i'ecoids iii accordance WAth section 41 of the Act. aiid to prepai'e fii)ancial slateiDenls wliich aecoi'd with tlie accoiinting i'cc- OLds' and lo coniply with ihe accoiii)ting i'equirenients of the Act liave not beeii iiict; oi. that the slaterrlcnt of &CCOLints does not comply witli any reqiiii-emeiil8 ot regulatxon 3 of tlie Chai'ily (Accounts aiid RepoLls) Re8Lilations 1995, except the i'equii'enieiils specified in pai'agi'aph l ot Pai't III of Schediilc I to tliose RebJulatioiis; oi. to wliieh ILI iny 01)inion, attention shoLild be drawn in ordei. to enable a pinpei. uiidei-standiiiLJ of tlie financial staleineiits lo be reached. lai'd Ci'aiie
Ratttrson Lhivcrs lioundatiDn alxnce,%htet at 31 DLL'L'mbcr 2023 2023 2022 Ini¥.%ttnents lat m8rlict Traluel Qiioted.4eLiirilies 209i05.77 -l-h¢ c.h]119 ljropertj Fund 569280 605.568.00 778,785.77 C.'urrtnt tlssets c.ash tti Stock.brnku 6J03.42 dt bATrk 65199.54 32.817.36 71,-102.96 33,662 36 Cirditor 8iO.289 85n,746 C.'apital élecount B&lancc at l .Idnuai)' 2023 82i.710 898,()54.00 Donation received %25,710.00 898.65¢.QO Mov¢rn¢nl in In¥'esiment Valiie -38,098.23 -72.944.QO El&5anLr al 31 1)ccembLr 2023 787.611.77 82J, 710.00 Incomc Klc¢ount 62,677.22 25.036.28 850,289 850.746
Inconie Aecouni for tlie y¢#r endt<l JE Dceembcr 2023 2023 2022 4,87) 30 27,506.88 8,190.00 4_801.69 24.782.98 0.00 Rdnk intcr¢il 40,572.18 29,-%84.67 I xptniliture SioikbiokeHs (tt's -2931.24 77.640.1)4 2.5036.28 28.268.911 25,7()7..? Ilaldnc¢ ot Incom¢ ALc(Iiiiil 1 ,1ilnuar), 2023 290QO 62.677.22 2i.n56 28