BATTERsof4 CIItVERS FOUNDATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
Batterson Chivers Foundation Details of the Ch2rity Trustees C8rolin¢ Elizabeth Crane (Chaillnan) Georgina Mary Chiver5 Judith Chivers SaT8h Annabel Neaie Treasurer Georgina Mary Chivers Address for Correspondence Binbrook Barn Northfield Farm Long Road Comberton Ca]nbridge CB23 7DQ Registered Charity P4umber 219312 Independent Examiner Richard Crane Asplins Farm Toft Road Hardwi¢k Cambridgeshire CB23 7QX
B2tter$on Chivers Fouodation Trllstees, Report for the year ended 31 December 2024 The Trustees preseni their ieport and fllwicial statemcnts for the yeaT ended 31 De- cember 2024. Objects By a deed dated l NovemEer 1962, Rebekab Hope Chiv¢rs created the Batterso Chivers Foundation bj settLu]g £10,000 into TTi2St. The trLl8tee8 used this cash surn to puwliase cottages at Histon, which piovided housing foT those in need, as specified in the trust deed. On 3 October 1984 W N Chivers, Mr8 V W Chivers, J Chiver5 and Mrs J Chii'ets added to ihe Irusi fund by passing to the trustees an interest in land at Arbury Camp, Cambridge. Behveell 1995 and 2002, the land and the cottages were sold. The PToceeds of sal¢ have bcen invested. The trustees apply ihe investment income arising to make pay- ments to charities, and others, whose work is within the objects specified in the trust d¢ed of Batterson Chivers Foundation. Payments made by the trustees during 2015 are lisÈed in the accounts on page 5. Trwtees The trustees who served duiing the year were.. Cdroline EIi7Abeth Crane Judith Chivers Georgina Mary Chivers Sarah At]nabel Neale The trustees are not subject to periodical r¢-election. Statement ol TrigeeS, Responsibilities Law applicable to charities Èn England And Wa]es requiTes the trustees to prepare fi~ noncial statements for cach fuwAcial ye<ir which gives a true 8nd fair view of the Charity's financial activities ditring the year and of its financial position at the end of the year. In preparing financial statements giving a true ad fall view, the trustees shoiild follow besl practice and select suitsble accounting policies and apply theEn consistently. makc judgements and estin]ales that are reason&ble and pmdent; state whether applicable accounting standards and Statements of recommended practice have been followcd, subjcct to any departures disclosed and explained in the fircIal statements. prepare the financial statements ott the going concern basis unless it 19 inap- propriate to assume that the Charity will be able to continue to u]eet ils objec- tives. The truslees are Tespollsible for keeping accoimting records whtch disclose with rea- sonable accura¢y the financial position of the Charity and which enable Ihem to ascer- tain the finClaI position of tbe Charity and which enable them to ensure that the fi- nancial slatements comply with the Charities Act 1993 and regulationg made thereun- der. The trustees are also responsible for safeguarding the assets of the clrIty and hence for taking rcasunable steps for the prevention of fraud and other irregularities.
Investment Powers By the trust deed, the trustees are given wide powers of investment in land and build- ings. Aclivities and Financialstatemellts The a¢tiNryties for the year ar¢ set out in th¢ attached financial gtatements. The trust made donations. in accoidallce its ¢haritablc objects, to other cIltieS totaling £ 0(2023.' £0). Th¢ only other expenditure was stockbrokers, fees of £1.832 (2023.. £2,931) I)L]ring the year the Foulldation received investrnent inco]ne of £41,577 (2023.. £40.572). At 31 December 2024 the trust fund b&d net assets of £904,671 (2025." £850,289). Organisalion The trustees set out thc gcncral policy of th¢ Charity 8nd deternLille charitable distri- butions. OTr4 BEHALF OF THE BOARD Caroline Crane Chairman
Batterson Chivers Found8tion dependenl Exa]niner's Reportto the Trwtees for tbe year ended 31 December 2024 I have examined the fmancial slAtements for the year ended 31 December 2024. Respective RespoAsibiliÉies of Trustees andExaminer As the Charity's trustees you are responsible for the preparation of the fmancial state- ments and you Collsider tbat the audit requirement of section 43(2) of tbe Charities Act 1993 (the Act) does not apply. It is my responsibility to state, on the basis of pro- cedures specified in the General Directions given by the Charity Cotnmission under section 43(7)(b) of the Act, whether particular matters have come to my attention. Basis ofIndependeni Examiner's Report My examination was carried out in accordaELce with the General Directions given by the Charity Con)missioners. Aji examination in¢ludes a review of the accounting rec- ords kept by the Charity and a comparison of the fall¢laI statemenis presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from you as trustees concerning any such tnatters. The procedures ulldertaken do not provide all the evidence tbat would be required in an audit, and Consequently I do not express an audit opinion on the view given by the firjancial Stateents. Independent Eyaminer's StalemenÉ In connection with our exall]inatio no matter has come lo my attention: wbich gives me reasonable cause to believe that in any material respect the re- quirements: to keep accounting records in accordance with section 41 of the Act. to prepare fmancial statements which accord the accounting rec- ords" and to wmply with the accounting requirements of the Act have not been met. or that the statement of accounts does not cornply with ally requirements of regulation 3 of tbe Chlty (Accounts and Reports) Regulations 1995, except the requirements specified in paragraph l of Part III of Schedule I to ttLose Regulalions. or to which in my opinion, attention should be draTr4TA in order to enable a proper understanding of the fll)an¢ial statements to be reached.
Batterson Ox¥ers Fowthtkn Balance5fveet 8t 31 De£ember2024 2024 2024 2023 2023 Invesbments lat markÈt valuè) Qv¢t¢d secjrities 224142.43 209,505 77 The Chantie3 PropertyFund 5724 796,542.43 778,785.77 Ojrrenl A%s2ts Cash at Stockbrokers 1352.3 &303.42 sh at bank 106776.62 65,199.Y lQ8.128.92 71502.96 Creditor ,671 850.289 fillUtJcedby.' &tal AccoLnt èalanc& at l Januaty2D24 787,612 525.71D.GO C*hation rt¢eEVtd 787,612.00 8Z5,710.00 Movernent in Investment ValS 14.636.66 .3&098.23 Balance at 31 Dernber2024 802,248.66 787,6Ji.r/ rKome 102,422n6 61677.22 gQ4,671 850,2
Battersc*l Chtvers Fwndatlort In¢thnèA£CtfOrthe year @nd@dal Detembei 2024 2023 Income (bdendS & inlerèsi w guoted Inve5tment5 Rent from thadt1e5 Property Fund Profrt sale of investmernts 6ankinterE5t 5,315. 36.262.08 4.875.30 27,506.88 8.190. 41.577.08 40,572.18 £xpentht 32.24 39.744.84 62677.22 -2.931.24 37,640.94 35.036.28 B313nce of Income Account at l January 2024 DiSt5bLÉiors to tharitie5 101422.06 62,677.22