## **LONDON ARMENIAN POOR RELIEF SOCIETY TRUST** ## **TRUSTEES’ REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023** Charity Registration No. 231921 ## **LONDON ARMENIAN POOR RELIEF SOCIETY TRUST** **CONTENTS** ||**Page**| |---|---| |Charity Information|1| |Trustees' Report|2| |Receipts and Payments Account|3| |Balance Sheet|4| |Notes to the Accounts|5| ## **LONDON ARMENIAN POOR RELIEF SOCIETY TRUST** ## **CHARITY INFORMATION** |**Governing Document:**|Trust Deed|| |---|---|---| |**Charity Number:**|231921|| ||**Trustees:**|| ||Mr. G. Vartoukian|Chairman| ||Ms. M. Ovanessoff|Vice-Chairman| ||Ms. A. Afrikian|Treasurer| ||Ms. A. Eghiayan|Secretary| ||Mrs. G. Yardim|| ||Mr. A Topalian|| ||Mr. A. Karakashian|| ||Mr. S. Mouradian|| ||Ms. A. Medazoumian|| ||Mr. A. Abramian|| ||Dr. H. Kouyoumjian|| |**Emeritus Trustees:**||| ||Mr S Ovanessoff|| ||Mr. H Tokatlian|| |**Registered Office:**|25 Cheniston Gardens|| ||London, W8 6TG|| |**Bankers:**|Barclays Bank Plc|| ||Kensington and Chelsea|| ||PO Box 4599|| ||London|| ||SW3 1XE|| 1 ## **LONDON ARMENIAN POOR RELIEF SOCIETY TRUST** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023** The trustees present their report and accounts for the year ended 31 December 2023. ## **Trustees** The Trustees named on page 1 have served throughout the year. Appointment of Trustees is governed by the Trust Deed of the Charity, as amended by a Scheme appointing Trustees sealed on 28[th] March 1977 and approved by the Charity Commissioners, whereby the Trustees of the Charity called the Armenian Community Trust, acting in accordance with their usual procedure, shall be the Trustees of the Charity. ## **Constitution, Objects and Policies** The London Armenian Poor Relief Society Trust is governed by its Trust Deed. Its objects are: - a) The relief of all poor and necessitous Armenians incapable or unable properly to maintain or support themselves. - b) To make a gift or gifts out of the Trust Fund to any body or institution constituted for the relief of Poor Armenians provided that at the date of the gift the said body or institution are charities according to the laws of England and the said gift or gifts shall only be granted to such charitable bodies for the charitable purposes or a charitable purpose. The policy of the Trustees is to raise funds for the support of the Trust’s objects. ## **Financial Review** In Dec 2022, donations were received as follows towards the 2023 winter grants: £26,250 from Saint Sarkis Charity Trust; and £10,000 from Grove End Housing Ltd (transferred via ACT UK). £36,500 was distributed to 36 beneficiaries between Dec 2022 and March 2023. In Dec 2023, donations were received as follows towards the 2024 winter grants: £16,500 from Saint Sarkis Charity Trust; and £5,900 from Grove End Housing Ltd (transferred via ACT UK). £22,400 was distributed to 33 beneficiaries between Dec 2023 and March 2024. The net income of the Trust is periodically used for its charitable purposes. The charity had no other expenses. The Trust has no employees. ## **Statement of Trustees’ responsibilities** The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Trust. They are also responsible for safeguarding the assets of the Trust and for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Trustees on 9th December 2024 and signed on their behalf **.** ## **A. Afrikian** ## **M. Ovanessoff** Treasurer Vice-Chairman ## **LONDON ARMENIAN POOR RELIEF SOCIETY TRUST** 2 ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023** |**Receipts**
Donations:
Saint Sarkis Charity Trust
Christmas Grant
Grove End Housing
Investment income:
Bank interest
**Less: Payments**
Grants and allowances
Bank charges
**Excess of receipts over/under payments**|**2023**
**£**
26,250
10,000
30
36,280
(36,500)
-
(36,500)
220|**2022**| |---|---|---| |||**£**
9,000
0,00
8| |||9,008
(9,000)| |||(9,008)
(8)| In Dec 2022, donations were received as follows towards the 2023 winter grants: £26,250 from Saint Sarkis Charity Trust; and £10,000 from Grove End Housing Ltd (transferred via ACT UK). £36,500 was distributed to 36 beneficiaries between Dec 2022 and March 2023. In Dec 2023, donations were received as follows towards the 2024 winter grants: £16,500 from Saint Sarkis Charity Trust; and £5,900 from Grove End Housing Ltd (transferred via ACT UK). £22,400 was distributed to 33 beneficiaries between Dec 2023 and March 2024. The net income of the Trust is periodically used for its charitable purposes. The charity had no other expenses. The Trust has no employees. The notes on Page 5 form part of these accounts. ## **LONDON ARMENIAN POOR RELIEF SOCIETY TRUST** **BALANCE SHEET AS AT 31 DECEMBER 2023** 3 |**Debtors**
**Bank Balances**
Deposit account
Current account
Cash in hand
**Creditor**
**s**
Deferred income
**Accumulated Fund**
Balance at start of year
Excess of receipts over/under payments
Balance at end of year|| |---|---| ||| ||| ||| Approved by the Trustees on 9th December 2024 and signed on their behalf. …………………………………………………………………………………. The notes on page 5 form part of these accounts 4 ## **LONDON ARMENIAN POOR RELIEF SOCIETY TRUST** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023** ## 1. **ACCOUNTING POLICIES** ## a) **Basis of Preparation of accounts** The accounts have been prepared under the historical cost convention and include the results of the charity’s operations which are described in the Trustee’s Report and all of which are continuing. The accounts have been prepared in accordance with the Statement of Recommended Practice of charity accounts. The charity has taken advantage of the Financial Reporting Standard exemption from the requirement to produce a cash flow statement on the grounds that it is a small charity. ## b) **Income** Voluntary income and donations are usually accounted for as received by the charity. ## 2. **STAFF COSTS** No remuneration was paid to the Trustees during the year, nor were any of the Trustees’ expenses reimbursed. 5