Report and Unaudited Financial Statements
for the year ended 31 March 2022
**The 1959 Group of Charities**
## **The 1959 Group of Charities**
## **Contents**
|||**1 - 2**|
|---|---|---|
|**Independent examiner**|**s report**|**3 - 4**|
|**Statement of financial**|**activities**|**5**|
|**Balance sheet**||**6**|
|**Notes to the financial statements**||**7 - 8**|
## **The 1959 Group of Charities**
## **Charity information**
|**Registered charity number**|249039|
|---|---|
|**Trustees**|P Chapman|
||S Mayhew|
||R Monteath|
||P Midgley|
|**Address**|5 Brayford Square|
||London|
||E1 0SG|
|**Solicitors**|Bates Wells & Braithwaite|
||Cheapside House|
||138 Cheapside|
||London EC2V 6BB|
||Charles Russell Speechlys|
||1 London Square|
||Cross Lanes|
||Guildford|
||Surrey GU1 1UN|
|**Bankers**|Barclays Bank plc|
||5 High Street|
||Andover|
||Hants|
||SP10 1LN|
|**Independent examiners**|Mazars LLP|
||2nd Floor|
||6 Sutton Plaza|
||Sutton Court Road|
||Sutton|
||SM1 4FS|
|**Director**|J Lunes|
## **The 1959 Group of Charities**
## **For the year ended 31 March 2022**
The trustees present their report and the financial statements for the year ended 31 March 2022.
## **Legal and administrative information**
The 1959 Group of Charities is a registered charity number 249039 established in 1959 and whose latest trust deed is dated 14 July 2011. The members of the Group appoint an Executive Committee in accordance with the Constitution which is responsible for managing the Group.
The members of the Executive Committee who have served since 1 April 2021 are as follows:
Harvinder Chaggar Epilepsy Action Jon Wingrave (resigned 31 March 2022) Alzheimer's Society Anita Bates (resigned 31 March 2022) Perennial
## **Objects and activities**
about matters of common interest and encouraging voluntary work for member charities.
The Director is involved in a wide range of activities in pursuing these objectives including constant contact with charities, their associates and partners to achieve additional support for their work.
The members of the Group, who are all charities themselves, benefit from the general activities of the Group. As they are shareholders of Cards for Good Causes Limited they also benefit financially from the activities organised by that company which generated charity Christmas card sales of £2,199,881 (2021: £1,816,317) during the year.
Expenditure was incurred to promote public awareness of the member charities, achieving a much higher profile for those charities and their connection with The 1959 Group of Charities. The volunteer co-ordinator encouraged and promoted voluntary work for the member charities.
The guidance on public benefit when reviewing the Group objectives both in the year under review and in planning future activities.
## **Finances**
The total income was £37,719 (2021: £14,084). The total expenditure was £112,309 (2021: £114,257). The financial statements have been prepared to comply with the Charities SORP 2019 (FRS 102).
## **Reserves policy and risk management**
The reserves of the Group at 31 March 2022 amounted to £6,143 (2021: £80,734). Expenditure was incurred to promote public awareness of the member charities. The trustees have considered the risks to which the charity is exposed and have taken steps to mitigate these risks.
1
## **The 1959 Group of Charities**
## **Truste For the year ended 31 March 2022**
## **Membership**
The members of the charity during the year were as follows:
British Heart Foundation
Cancer Research UK
Diabetes UK
Epilepsy Action
National Autistic Society
NSPCC
Perennial
Royal National Lifeboat Institution
The Executive Committee as Trustees are responsible for preparing financial statements for each financial year which give a true and fair view of the state of affairs of the Group and of its income and expenditure for that period. In preparing those financial statements, the trustees should follow best practice and:
select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Group will continue in operation.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the Group and which enable them to ascertain the financial position of the Group and which enable them to ensure that the financial statements comply with applicable laws and regulations. They are also responsible for safeguarding the assets of the Group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Executive Committee on and signed on their behalf:
Robert Monteath Trustee
2
## **The 1959 Group of Charities**
## **Independent Examiner Charities**
## **to the Trustees of the 1959 Group of**
I report on the financial statements of the 1959 Group of Charities for the year ended 31 March 2022, which are set out on pages 5 to 8.
## **Respective responsibilities of trustees and examiner**
that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- examine the financial statements under section 145 of the 2011 Act;
- follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
state whether particular matters have come to my attention.
y. My work
has been undertaken so that I might state to th
assume responsibility to anyone other than the charity and the charit work, for this report, or for the statements I have made.
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements 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 matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the financial statements present rue and fair vi in the statement below.
In connection with my examination, which is complete, no matters have come to my attention which give me reasonable cause to believe that in any material respect:
- accounting records were not kept in respect of The 1959 Group of Charities in accordance with section 130 of the 2011 Act; or
- the financial statements do not accord with those records; or
- the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial sta ch is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
3
## **The 1959 Group of Charities**
## **Independent Examiner Charities (continued)**
**to the Trustees of the 1959 Group of**
Signed
Nicola Wakefield (Jan 27, 2023 09:27 GMT)
Nicola Wakefield FCA
Mazars LLP 2nd Floor 6 Sutton Plaza Sutton Court Road Sutton SM1 4FS
Date: 27-Jan-2023
4
**The 1959 Group of Charities**
## **Statement of Financial Activities For the year ended 31 March 2022**
|||**2022**|**2021**|
|---|---|---|---|
||**Notes**|**Unrestricted**|**Unrestricted**|
|||**£**|**£**|
|**Income from:**||||
|_Charitable activities_||||
|Subscriptions||160|210|
|Donations||17,905|13,874|
|Legacies||18,135|-|
|Interest receivable|**2**|1,519|-|
|**Total income**||37,719|14,084|
|**Expenditure on:**||||
|**Charitable activities**||||
|Personnel costs||109,504|107,619|
|Professional fees||2,180|-|
|||625|625|
|Other costs||-|6,013|
|||112,309|114,257|
|**Net expenditure and net movements in funds for the year**||(74,590)|(100,173)|
|Fund balance brought forward at 1 April 2021||80,733|180,907|
|**Fund balance carried forward at 31 March 2022**||6,143|80,734|
The income and expenditure all relate to continuing operations.
There were no recognised gains or losses other than the net expenditure for the year which have been calculated on the historical cost basis.
The income all relates to unrestricted funds.
5
**The 1959 Group of Charities**
## **Balance sheet at 31 March 2022**
|**Notes**
**2022**
**£**
**£**
**Fixed assets**
Investments
**5**
1
**Current assets**
Debtors
**6**
-
Cash at bank
6,815
6,815
**Creditors: Amounts falling due**
**within one year**
**7**
(672)
**Net current assets**
6,143
**Net assets**
6,144
Financed by:
**Unrestricted income fund**
General fund
6,144
Approved by the trustees on and signed on their behalf by
Robert Monteath
Trustee|**2021**
**£**
79,467
1,266
80,733
-|**£**
1
80,733|
|---|---|---|
|||80,734|
|||80,734|
||||
6
**The 1959 Group of Charities**
## **Notes to the financial statements For the year ended 31 March 2022**
## **1**
## **Accounting policies**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)) and the Companies Act 2006.
The 1959 Group of Charities meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
The trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future and for a period of at least 12 months from the date of approval of accounts. There are no mater continue to adopt the going concern basis for accounting in preparing the annual financial statements.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Charities Statement of Recommended Practice (FRS 102) in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) rather than the s: Statement of Recommended Practice Charities has since been withdrawn.
## **1.1 Accounting convention**
The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
## **1.2 Subscriptions and donations**
Subscriptions and donations are dealt with on a cash basis.
## **1.3 Interest receivable**
Interest and rent receivable are dealt with on an accruals basis.
## **1.4 Legacy income**
Legacies are credited to income when the charity is advised by the personal representative of an estate that payment will be made or property transferred and the amount involved can be quantified.
## **1.5 Investment**
The investment is not stated at market value as i ble activities.
## **2 Interest receivable**
Interest receivable arises from bank deposits.
## **3 Staff and trustees**
No remuneration is payable for the current or preceding year and no expenses were reimbursed to trustees during either year.
There were no employees aside from Trustees as all personnel costs are recharged as per note 8.
7
**The 1959 Group of Charities**
## **Notes to the financial statements (continued) For the year ended 31 March 2022**
## **4 Net movement in funds**
Net movement in funds is stated after charging:
|et movement in funds is stated after charging:|||
|---|---|---|
||**2022**|**2021**|
||**£**|**£**|
|Independent examiner
s fee|625|-|
## **5 Investment**
The investment is one share in Cards for Good Causes Limited which was donated to the Group. Cards for Good Causes Limited has issued twenty-six shares. At 31 March 2022 its shareholders funds amounted to deficit of £48,141 (2021: surplus of £28,564).
## **6 Debtors**
||**2022**|**2021**|
|---|---|---|
||**£**|**£**|
|Owed by Cards for Good Causes|-|79,467|
## **7 Creditors**
||**2022**|**2021**|
|---|---|---|
||**£**|**£**|
|Owed to Cards for Good Causes|672|-|
## **8 Related party transactions**
Two of the trustees of The 1959 Group of Charities are also directors of Cards for Good Causes Limited. As explained in note 3, the charity owns one share in the company.
Cards for Good Causes Limited collected monies on behalf of the charity during the year of £17,777 (2021: £250). In addition, costs of £111,609 (2021: £100,173) were recharged from Cards for Good Causes. At the year end the charity owed £672 to Cards for Good Causes (2021: 1959 were owed £79,467).
8