REGISTERED CHARITY NUMBER: 260372
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
FOR
JULIA MARMOR CHARITABLE TRUST
MGR Weston Kay LLP Chartered Accountants 55 Loudoun Road St John's Wood London NW8 0DL
JULIA MARMOR CHARITABLE TRUST
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Statement of Financial Activities | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 4 to 7 |
JULIA MARMOR CHARITABLE TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2025
The trustees present their report with the financial statements of the charity for the year ended 5 April 2025. The trustees have adopted the provisions of 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)
OBJECTIVES AND ACTIVITIES
Objectives and aims
The initial objectives are to make grants and donations to charities and individuals who generally are not in receipt of high scale donations. The focus is on the relief of poverty and sickness and for the advancement of education and for providing for the needs of the physically and mentally handicapped children or orphans and of the other children whose parents or guardians are incapable for any reason of properly looking after them.
Donations may be made as individuals payments but sometimes the Charity may take a commitment for multiple years.
Public benefit
The Trustees have due regard to the guidance set out under section 17(5) of the Charities Act 2011.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The Charity made adhoc donations to Charities in the UK when identified.
FINANCIAL REVIEW
Financial position
As detailed in the Statement of Financial Activities, the Charity’s reserves at the year-end amounted to £265,214 (2024: £232,338) of unrestricted funds and £Nil of restricted funds (2024: £Nil).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
260372
Principal address
MGR Weston Kay 55 Loudoun Road London NW8 0DL
Trustees
L J Hattab N C Saade
Approved by order of the board of trustees on 3 September 2025 and signed on its behalf by:
L J Hattab - Trustee
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JULIA MARMOR CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2025
| 5.4.25 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 - Investment income 3 8,030 Other income 39,429 Total 47,459 EXPENDITURE ON Charitable activities Donations made 10,750 Other 4 3,833 Total 14,583 NET INCOME/(EXPENDITURE) 32,876 RECONCILIATION OF FUNDS Total funds brought forward 232,338 TOTAL FUNDS CARRIED FORWARD 265,214 |
5.4.24 Total funds £ 5 1,881 - 1,886 2,500 42,750 45,250 (43,364) 275,702 232,338 |
|---|---|
The notes form part of these financial statements
Page 2
JULIA MARMOR CHARITABLE TRUST
BALANCE SHEET 5 APRIL 2025
| 5.4.25 Unrestricted fund Notes £ CURRENT ASSETS Cash at bank 266,714 CREDITORS Amounts falling due within one year 7 (1,500) NET CURRENT ASSETS 265,214 TOTAL ASSETS LESS CURRENT LIABILITIES 265,214 NET ASSETS 265,214 FUNDS 8 Unrestricted funds 265,214 TOTAL FUNDS 265,214 |
5.4.24 Total funds £ 233,538 (1,200) 232,338 232,338 232,338 232,338 232,338 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 3 September 2025 and were signed on its behalf by:
L J Hattab - Trustee
The notes form part of these financial statements
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JULIA MARMOR CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the Charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Cash donations are recognised upon receipt. Interest income is recognised on an accruals basis.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the Charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Charitable activities
Charitable activities include costs of services and support costs and depreciation on related assets.
Governance costs
Governance costs are those cost incurred in the management of the charity's assets, organisational administration, and compliance with constitutional and statutory requirements.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
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JULIA MARMOR CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2025
| 2. DONATIONS AND LEGACIES Donations 3. INVESTMENT INCOME Interest receivable 4. OTHER Loan write off Support costs |
5.4.25 £ - 5.4.25 £ 8,030 5.4.25 £ - 3,833 3,833 |
5.4.24 £ 5 5.4.24 £ 1,881 5.4.24 £ 41,550 1,200 |
|---|---|---|
| 42,750 |
5. TRUSTEES' REMUNERATION AND BENEFITS
The average number of trustees during the period was 2 (2023: 2)
Trustees' expenses
There were no trustees' expenses paid for the year ended 5 April 2025 nor for the year ended 5 April 2024.
6. EMPLOYEES
There were no employees during the year.
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 5.4.25 | 5.4.24 | |
|---|---|---|
| £ | £ | |
| Other creditors | 1,500 | 1,200 |
continued...
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JULIA MARMOR CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2025
8. MOVEMENT IN FUNDS
| Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund TOTAL FUNDS Comparative net movement in funds, included in the above are as Unrestricted funds General fund TOTAL FUNDS |
Net movement At At 6.4.24 in funds 5.4.25 £ £ £ 232,338 32,876 265,214 232,338 32,876 265,214 Incoming Resources Movement resources expended in funds £ £ £ 47,459 (14,583) 32,876 47,459 (14,583) 32,876 Net movement At At 6.4.23 in funds 5.4.24 £ £ £ 275,702 (43,364) 232,338 275,702 (43,364) 232,338 follows: Incoming Resources Movement resources expended in funds £ £ £ 1,886 (45,250) (43,364) 1,886 (45,250) (43,364) |
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continued...
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JULIA MARMOR CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2025
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 5 April 2025.
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