Registered Charity number 263063
Harold Craxton Memorial Trust
Report and Accounts
5 April 2024
Harold Craxton Memorial Trust Registered number: 263063 Trustees' Report
The trustees present their report and accounts for the year ended 5 April 2024.
Constitution
The charity is constitued by Trust Deed dated 10 September 1971 and was established as a memorial to Harold Craxton, Professor of Piano at the Royal Academy of Music. It also commemorates his wife, Esie and his daughter, Janet Craxton, the distinguished oboist who was also a Professor at the Royal Academy.
Trustees
The following persons served as trustees during the year:
Jane Craxton Merida Craxton-Mathen Oliver Craxton Kim Mathen Trustees were appointed in accordance with the statutory power of appointment of new trustees.
Objects
The charity was formed to encourage talented young musicians who are embarking on their careers. For the purposes, biennial auditions are held and awards and grants given to selected candidates.
Review
During the year, the trust continued its fund raising activities.
This report was approved by the board of trustees on 4 October 2024 and signed on its behalf.
Jane Craxton Trustee
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Independent Examiners Report to the Trustees of Harold Craxton Memorial Trust
To the Board of Trustees of Harold Craxton Memorial Trust
I report on the accounts of the Trust for the year ended 5th April 2024.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:
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examine the accounts under section 145 of the Charities Act,
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to follow the procedures laid down in the general Directions given by the Charity Commission (under
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section 145(5)(b) of the Charities Act, and
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to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with 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 accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the 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 accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention :-
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which gives me reasonable cause to believe that in, any material respect, the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act; and
• to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
S H Mustafa ACA Moss-Shaf Chartered Accountants 2 York Road Northwood Hills Middlesex HA6 1JH
04 October 2024
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Harold Craxton Memorial Trust
Receipts and Payments Account for the year ended 5 April 2024
| Soirees Concerts and soirees Donations Trust donations Bequests Deeds of Covenants Other Income Royalties Gift aid Increase/(Decrease) in value of Accumulation Units Bank interest Total Receipts Expenses of soirees Expenses of concerts Direct Charitable Expenditure Awards Audition expenses Books for resale Accountancy and independent examination Bank charges Website hosting Secretarial and sundry Postage,printing and stationary Total Payments Net Receipts/(Payments) for the financial year |
2024 £ 4,713 3,800 47,750 - - 56,263 744 - 10,302 2,857 13,903 70,166 448 1,908 2,356 35,200 2,430 759 38,389 780 8 140 1,200 206 2,334 43,079 27,087 |
2023 £ 5,393 67,686 50 73,129 473 1,112 (939) 1,489 3,675 76,804 1,720 950 2,670 - - - - 780 5 50 900 418 2,153 4,823 71,981 |
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Harold Craxton Memorial Trust
Statement of Assets and Liabilities as at 5 April 2024
| Debtors Other debtors Monetary assets Charities official investment funds - Deposit account Charities official investment funds - Accumulation units Bank current account |
2024 £ 475 475 92,677 114,866 10,272 217,815 |
2023 £ 106 106 79,894 104,564 5,712 190,170 |
|---|---|---|
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
The trustees acknowledge their responsibilities for complying with the requirements of the Charities Act 2011 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in the general Directions given by the Charity commission (Under section 145(5)(b) of the charities Act).
Jane Craxton Trustee
Approved by the board on 4 October 2024
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Harold Craxton Memorial Trust Notes to the Accounts for the year ended 5 April 2024
1 Accounting policies
Basis of preparation
The financial statements 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.
| 2 Debtors Overpayments 3 Income & expenditure account Surplus/(Deficit) for the year At 5 April 2024 |
2024 £ 475 2024 £ 27,087 27,087 |
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