THE FREDERICK INIGAN TRUST ANNUAL REPORT AND FINANCIAL STATet44ENTS YEAR ENDED 31 DECEMBER 2023 R¢glsl•red Charty No 249814
THE FRECERICK VJIGAN TrUST REPORT OF THE TRUSTEES FOR THE YEAR ENOED 31 DECEMBER 2023 OBJECTIVES. ACTIMnES AND PERFORMANCE OF THE CHARIT Th8ob&ect oflhe Chaflly isto prDNSJe ¢¥operty forlxal 8duclon81 #ndlor r?llglous puryjosés. There t? three [bling$ aFongskla gach other kn Alder Road. Mortlake, London SW14. One used predcrfninantty by t Guldas. orlé ty the Scouts aThl one W0mlAartrY by a rwrnory 5ch¢yA. FifrI4NCIAL REVIEW DwlTrJ thè r. the Charliys incom¢ to £29.587 It spent £23.559 on ¢osls •nd mak)tenaw. AI 31 DBcemtr 2023, r8serY8s 0nK5unj to £122.717 bekii tnto Endowrynt {£3,314). Recouwient1£74,571) 8nd UnreslAeled Income (£44.832>. R•s•Ms arn hekl in a nxxluro ol u3h on current •ccounts or deposrts 8nd COIF Unls. Tr• Chartty ha8 not den•J or oth•rwse (aMnnl&l any mltgrfal fvnds alth• Ond oflhe Or. STRUCTUR& GOVERNANCE AND MANAGEMEKr 6t•tus •nd ConBtitutl)n The Chorlty Is an unlncorp0rn1edTn was 8Stabllshed In 1910 arn1 Is rngbltred wilh Ihe Ch8tiiy ComnNssk)n lor Etyla1 and Wales wlth regtslr8Uon number 2414. Tho vjnstlut Bnd obje(as olthe Chwky. ANI the reothalknns manffjgmert. are sat out i the tnsI10n. Truit••s The Truste88'aro the meffllrs ofiho Paroehlal chu CouTMal (pcc) of Path ofMortlak8 wlh Shew. Org•nisatlonil 144naq•rn•nt The TN5t L8 overseen by the Fkn8r*x 8rKI Property set aThl reportlryj to th8 afryemenlTr)néd PCC. Ail tnthe9 thetrikrn fr•rty and rNJn8 any remun8r8tknn. Th• Charfty has no employees.
THE FREDERICK IhlGAN TRUST REPORT OF TrIE TRUSTEE8 FOR THE YEpR ENDED 31 oecEMBeR 2023 (Qontlnu STATEMENT OF TruSTEES RESPONS181LrriES Th• Twstees arn re$ponslbh lor prep•rww the TfUStees' Annual Report and the flnanclal statements in aeeordance with applicablelow thid Vniied KIWM Accounilng Standafds Iunlted Klngdom Geraty Accepted Ac¢ThJrtllng Pradl¢e). The Trustees ar• r•qulred to w•par• flnanclal U•mnts tbkh Wv• a Iru• and falr vlv ol lh• 5t8le of affairs ofthe Chartty and olthe In¢omo and expefiditure ofth• Charlty forth•t period In accordance twrth appllcabh 14V. In prepaKirJ Itt0 finarKlal s¢•t•ment$. the Trusiee6 •r• rnquired to: Select 6ultabl• accountrffj polkies then appty Ih•m ¢onsl#efAty ObseMI the mgthods arKI prln¢lplès in the Chantles SORP ake I1mertI Ind estIme$ that are rnasonable and prudert state wh•lher ap1¢•ble UK leUnt si8ndard$ hove bMn foll(yw•d. ¢¢1 to any materlal departur•$ which h•ve been disclosed an¢J explalned In the finanrJ•l statemenls: and Preparo tho ffnanclal st•M?S t)n the golng eoncem b•sls unless A Is Inapproprlate to pr¢surn8 that the Ch•rliy will ¢oTrtlnue In busln¢ss. Th• Trust•es are responslble forthe Charlty k•èping acco1ng rnoofds that are sufflclont t¢ dlsclose wlh reasonabl• acracY al any tlme th• flnartcial poslion of t CDar#y. They ar• 4150 fesponsltle for 5afeguafding the a55Qts of the Charty and hence for taking re4wnabl¢ st•ps for lh• prnv•nllon and detectlon of fraud and othor irrngularréi•$. AppTov•d by th• Board ofTruslws on 8 2024 and $19n•d on thelr behalf ty. Jonaihan Blylhe TmsLwor and Tntste•
THE FREDERICK WGAN TrUST REPORT OF THE INDEPENDE1 EXAMITrER FOR THE YEAR ENDED 31 OECEk18ER 2023 ft•port Of th• Ind•p•nd•rt Examin•r ts th• TTu5tg•s ¢f Th• Fr•d•riok Wgan Trust (th• Chartty) on th• attaGh•d FIMnclAI stat•m•nts for the y•ar •nd•d 81 D•¢•mb•r 2028 I h8ve &x8nkned Ihe att8ethed fftnandMI thlik M¥e bèen pre[1 under the his1ortl cost convtrnlhjn. R•sp•n•lblllll•• ol th• Ex•¢ullv• ConN1m for th• FlnAnel•l #lat•nnis The Charltlos Ad requires t Trustees to wvparè fin8ncl81 stalements lor8aGh ffin8nt•al yearwttkh Qbve a truo and fatr vlew oflhe stale of affalrs of the Charity arx1 ofthe sufjAus ordèflcji of the CharY forthal perf(NJ. In preparfrq those fffj•nd stAtemgnts th¢ Tntstees are wuirnd to.. Q Sd6(I sulable 8etAbuntlrKJ and then appty 11) Moke I)0ments eslimdes thal we reasonabl• and pNde Ila Preparo trw acc4)unls on th¢ goITVJ thnc•rn ba unless It 15 knapwowiate to w•sumè IDat the Chwly Tll conlknu? to opwai•, Thè TnL81eeJ orn 8ts0 rnsponsSI for kéepkng wop•r 0nIrj rery)s whlch disc105e w roagonable accuracy at any tlme the1Snancial wskkjn of tho Chwly and to enablo them to ewur• Ih81 Ihb lknonolol statenIS with the CharS Ad 2011. It Is also respjnsible for 8aleguAfdlng the ass•ts oflho Chartty aThY for takhvJ roasonable steF4 forih• pr•¥tntlon and dètectlon of Iraud 8nd other Irteguknritles. ol Ind•wnd•nt •xamln•¢s r•port My •xgmknatwJn Inced a reth of the accourtmg fecoFds kepl by the Charlty ind 8 comparlson olthe g¢COUrts wesented those reo)llls. M aLsD ClUded coAshJeratbn of any unusual Ilems or disck)sur•s In the account¥. and seoklro eyolwations trom the Tntsteos concerning afty sueh matters. The pmcedwF5 yndert8kan do woir4Je al tm •¥ièn¢• that wouhj be ure In an aLNl11. and consequerrtly I do èxKws an audit opinlon on the view Qlvgn by Ihe ac¢ounts. Ind•p•nd•nt •x•rnln•¢s Alat•m•nl In connqolon my emInation, no mt•r h8s come to my 8ttenih)n whicth ge$ me teason8tr to tsleve that In any malerl81 re3pe# the rJurnniS to keep acGounllTYJ [vrdS ift accordanc8 With the methots F¢ffjdplos ofthe &etsmerrt 0fR0rx)ffM Pr8¢tlce: Accourrtlng and R•portlna by Gh8rfltes ha not b•8n m81 to whKti. li my owion. 8ttonlkn Sh$1 be drawn in Djer lo eftatAe a proper under5tsfKliThJ of the to be re8ch•d. Allslak H E Smith Chartergd Atuntant TwK*8nh& TWf25RA 8 May 2024
THE FREDERICK •SAN TRU8T srATEMENf OF FINCIAL AcM4ryfiES FOR TrIE YEAR EPf)ED 31 DECEIER 2023 2022 INCOME 29262 325 29.037 57 DbAfer¥Js and Bank Interest Tclal Incomo 20,$87 EXPEIKIITURE Legal Prof8sslonal fe AdmknL8irallvB 8)wn888 hl and heat W•ter aThJ Busknw Rates Insurance Buklllng Malnt•nan 1.698 11,589 658 1.199 5,937 10,694 1,110 12283 Total evlMUr8 23.5S9 NET INCOMING1(OLrrGOlh) RESOURCES 125 G0kno&S¢s) on In%wtrn•nts 8.303 (6,551) NET SURPLUSIIDEFECIT) IN FUNDS 14,331 (8.428) RESERVES BR(XIGHT FORWARD 108,388 114.812 RESERVES CARRIED FORWARD 121717 108.386
THE FREDERICK WGAN TRUST eALINCE SHEET AT 31 DECEM8ER 2¢ 2023 2022 FtXED ASSETS InvesbThnts (COIF lJnb) D0KM)gi (CBF) 74,5r2 3J14 3,314 Tolal FRxed A1¥ CURREKf ASSETS AP¥() UA8IUTIES Cash 4t Bank Dpblots Less Crgdrtoffs 41.886 7.333 (4.388) 42,848 (4.042) Net Cumrrt Assets 44,831 TOTAL A88ET8 122.717 108.386 RESERVES EndrymMt FuThl Recoupment FuThJ lftcon Fund 3,314 74,571 3.314 Toial Re50ThffjS 122.717 108.386 These Fln8rthl Statementswewp ap0dOn 8 May2024 and signgd on bohaff ofthe 1(1 of trnste•s by: Jonathan Blyi Trustee
ThE FREDERICK iMGAN TRUST NOTES TO TrIE FINANCIAL sfATEMEMfs FOR YEAR ENDED 31 DECEMBER 20rJ I. ACCOUNTING PiXlCleS B815 ol pr•wrailon ol fin•n#l•l Btt•n) Th8 lln8nc181518lefngnts haNB boen EY8P8r•d urn1•r the trlstorlc41 cost COntion wlth Items rncoonlsed ot cost or transadlon value unlèss otherwtse stal•d In th• rn18vant notés. Tho fmanc staléments ha¥ been rAgpa in ac¢ordanr wlth tho secortl èdttion ofthe Chorft18s Sl8temenl of Remmmere(I Pr8Cliekn issued In O(XobBr 2019, the Fknan¢lal Repjrtthg Sl8nd8rO 8pplt4trae In the Untted Klngdom And Repubk ol IrelaTrJ (FRS 102) and the Chortkns ALI 2011. The Charlty Is publlc tnefft onlly forthe puny)s•s olFR8 102. Th• TnJoS ha assgsuod whgther lh8 us• olthe gokng COncM bosb Is 8pproy1ale a1 hqva consklered possltAe ents or c0rrfjakn that might C4s1 nmcanl d(wbt on th b1Y ofthe Ch•ry to conlknue 83 a oolng ncarn. Tho TvJ5tees have m8do thi8 8ssèssm•nt fw 8 petlod of8t teasl one ye8r from ihg dalo ol 8PPrtval of the fffj•noal stemon15. Ajter mgkhig èWL*le3. th• TfUStèeJ h81 concludod thal there15 8 rn8sonabl8 expofxatkm Ihal the Charlty has aduate resourcm to contlnue In oper8llonal exlstence lorthe fore8treobEo luluye. Th6Cftartytherefore o)ntlnue¥lo adotitheoolrwJ oonc4rn h) wepwing ils fknarK4al Inwm• All In¢ome1s tndud8d Sn the 81aternnl of FIndI1 AcahAilés wfthi th• Ch•ity b ltyally entllgd to Ihfj Income and th• arrK)unl call be d¢leftm1rd with r•asonat4& accurary. Expgndltur• All exFeNlituro Is 8ccount•d for on an twL4 Taxatlon Tho Chaity Is a reglslornd chwtty S1. as dalm tax eMon5 from al ns Irn8. Thè Charfty b nol regIst¢j forVAT and, as suth. all 19 Shr knthsi¥e of IThpcovora VAT. Tanglbh Plx•d A3ts There are no Tfjwlble Flx8d Ass