Registered number 873136
J Davies Charities Limited
Report and Accounts
5 April 2021
J Davies Charities Ltd Registered number: 873136 Governors' Report
The governors present their report and accounts for the year ended 5 April 2021
Name, registered office and constitution of the charity
The full name of the charity is J Davies Charities Ltd
The charity was formed as a company limited by guarantee on 7 March 1966 Its registered charity number is 248270 The registered address is 22 Hillcrest Avenue, Edgware, Middlesex HA8 8PA
The Objects of the Charity and how it is attemtping to achieve the objectives
The object of the charity is to pay apply and appropriate the whole of the trust fund to those purposes, both in the United Kingdom and abroad, recognised as charitable by English Law at the discretion of the trustees.
Objectives achieved in the year, a review of activities and significant changes and developments and plans for the future
The board of governors is satisfied with the performance of the charity during the year and with its position at the end thereof and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity's assets are adequate to fulfil its obligations.
There are three governors as stated below, who meet as necessary to discuss the affairs of the company.
Decisions are based on a majority decision of the governors but in almost all cases the votes are unanimous
The governors have the power of appointment of governors
Income and expenditure during the year were as described in the attached accounts
board of governors is satisfied that the charity's assets are available and adequate The charity is a company limited by guarantee and registered at Companies House governed by its to fulfil its obligations Memorandum, and Articles and subject to the provisions of the Companies Acts
The governors identify the major risks to which the charity might be exposed each financial year in particular those related to the operations and finances of the charity. The governors then review any major risks which have been identified, and establish systems to mitigate those risks. The charity is satisfied that systems are in place to mitigate their exposure to the major risks which have been so identified and reviewed.
The members of the Board of Governors of the Charity during the year were
Mr M Rabin Mr P J Rabin Mr M S Rotenberg
Statement of governors' Responsibilities
Law applicable to charities in England & Wales requires the board of governors to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the financial year In preparing those financial statements giving a true and fair view, the board of governors should follow best practice and:-
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Select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards and statements of recommended practice have been followed , subject to any departures disclosed and explained in the financial statements;
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Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue to operate.
The governors are also responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial position of the charity and enable them to ensure that the financial statements comply with the requirements of applicable law and regulations. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the board of governors on 17 November 2021 and signed on its behalf
M Rabin
Governor
J Davies Charities Limited
Independent Examiner's Report
Report of the Independent Examiner to the governors on the accounts of the Charity for the year ended 5 April 2021
I report on the attached accounts of the Charity which have been prepared in accordance with the Charities Act 1993 and under the historical cost convention and the accounting policies set out in the Notes to the Accounts.
Respective responsibilities of governors and examiner
The Charity's governors are responsible for the preparation of the accounts. The governors consider that the audit requirement of Section 43(2) of the Charities Act 1993 (the Act) does not apply, and that there is no requirement in the governing document or constitution of the Charity for the conducting of an audit. It is my responsibility to state, on the basis of the procedures specified in the General Directions given by the Charity Commissioners for England & Wales under Section 43(7)(b) of the Act, whether particular matters have come to my attention.
Basis of Opinion
I conducted my examination in accordance with the General Directions given by the Charity Commissioners for England & Wales. An examination includes a detailed review of the accounting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the accounts with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as governors concerning such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the accounts.
I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved
Independent Examiner's Statement, Report and Opinion
Subject to the limitations upon the scope of my work as detailed above, in connection with my examination, no matter has come to my attention :
1) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 41 of the Act; and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met or
2) to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.
Leslie Woolfson FCA Churchill House 137 Brent Street London NW4 4DJ
7 March 2022
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J Davies Charities Limited Balance Sheet as at 5 April 2021
| Notes Current assets Debtors 2 Cash at bank and in hand Creditors: amounts falling due within one year 3 #NAME? #NAME? Capital and reserves Revenue reserves Shareholders' funds |
2021 £ 909,190 118,185 1,027,375 (13,300) 1,014,075 1,014,075 1,014,075 1,014,075 |
2020 £ 954,942 131,982 1,086,924 (21,784) 1,065,140 1,065,140 1,065,140 1,065,140 |
|---|---|---|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
H S M Rabin Director
Approved by the board on 17 November 2021
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J Davies Charities Limited Profit and Loss Account for the year ended 5 April 2021
| Turnover Administrative expenses Interest received Surplus for the financial year Revenue Reserves brought forward Revenue Reserves carried forward |
2021 £ 25,359 (77,227) (51,868) 803 (51,065) 1,065,141 1,014,076 |
2020 £ 42,614 (65,937) (23,323) 46,330 23,007 1,042,134 1,065,141 |
|---|---|---|
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J Davies Charities Limited Notes to the Accounts for the year ended 5 April 2021
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
| 2 Debtors Other debtors 3 Creditors: amounts falling due within one year Other creditors |
2021 £ 909,190 2021 £ 13,300 |
2020 £ 954,942 2020 £ 21,784 |
|---|---|---|
4 Other information
J Davies Charities Limited is a private company limited by guarantee and incorporated in England.
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