stered Chari Number: 269286 MARGARET OWEN TRUST REPORT AND FINANCIAL STATEMENTS for the Year Ended 5th A ri12024
MARGARET OWEN TRUST Contents Page Report of the trustees Receipts and Payments Account Statement of Assets and Liabilities Independent Examinevs Report
MARGARET OWEN TRUST rt (or the YeAr Ended 5th A rl Trn The meeS Are plwed to preseni Iheit tewt logether with tk financial statem¢nts of th¢ chwity for the ye8T thded 5th April 2024. Charlty D¢tib Registered ChaTity Numkr.. 269286 Prin¢ip21 Addre 9b Matham Road Molesey. Surr¢y KT8 OSX Narnes of Trust¢¢s D R O Walt¢rs R M Lo¢hiel4>w¢n S M L AndeJ¥on (epFKtyAnted 29th Oclohr2024) IDdepead¢nl Eumlner R W Evans Bsc EconOloJ]s), FCCA, Major and Evan4 Bull Hous< 15 P¢nralli Strtt Mhyn11e Powys. SY20 8AG GovernlDg Doenment The tharity Is coA81itut¢d by a4Jeed of ded 24th Novemir 1973. ObJecdve8 and Advl¢les Tr object ofthe Charity is to mae pweuts for the benefit of tharitsble purposes and obi¢tts, at the discretion of the trne¢5. The tnistees have complied with their duty to have givert regard to the Charity Commission's gejml suidanc¢ on public benefii when r¢viewin8 the charitys aims and objectives in planTJing its ftctiviti¢y. In th¢ year¢nded 5th April 2024 the income received by the charity amouni¢d lo £25.952 and theff wuc odmiwtralive expenses of £7,043. Charilable payments of £21,594 were madc durin% th¢ year 1012 or8anisutiDns. The financi policy of th¢ Charity 1$ 10 keep th¢ ¢4pil4t fund intsct Bnd io provid¢ 8r4nts oui of income, ¢tsnrnt or mlatell. The thLftees dlre that they knve opproved the trustees, report aknve. D RO Waliers Truste< on b¢haifof Mar8arct Owen Tiusl
MARGARET OWEN TRUST Recei ts ttnd Pa ents accounts for the Year Ended Stb A ril 2024 2024 2023 Income Fund Receipts Investment Income: Jnt¢rest on Deposit with Stockbroker Dividends/Interest from Quoted Securities 497 25.455 25,952 274 24,299 24,573 Payments Grants paid to Charitable and Other Institutions Ind¢p¢nd¢nt Examiner's Fee Miscellaneous Administration Charges 21,594 1,740 14,000 870 194 23,334 15.064 Net Receiptsl(Pa)ments) Cash Funds at Start of Year 2,618 15,156 9,509 5,647 C&sh Funds at End of Year 17,774 15,156 Ca ital Fund Receipts Proceeds of Sales of Investment Assets 227,379 107,349 Payments PurLhase of Investment Assets Accumulation Dividends transferred to tncome Fund Excess Income Interest transferr¢d to Income Fund Investment Management Costs 223.744 133,609 159 959 5,498 5,303 229,054 140,225 Net Receipts/(Payments) Cash Funds at Start of Y¢ar (1.675) 24,636 (32,876) 57,512 C&sh Funds at End of Year 22,961 24,636
MARGARET OWEN TRUST Statement of Assets and Liabilities as al 5th A ril 2024 2024 2023 Bank and Cash (IDeome Fund) Current Account Deposit with Stockbroker 25,347 (7,573) 23,062 (7,906) 17,774 15,156 Bank and C4$h (CApital Fund) Deposit with Stockbroker 22,961 24.636 Total Cash B Ydlances 40,735 39,792 Liabilitie$ Independent Examine¢s Fees 870 1,740 Investments Quoted Securities - Market Value at 5th April 836,853 808,433
Inde endent Examiner's Re rt to the Trustee5 of Mar aret Owen Trust for the Year Ended 5th A ril 2024 I report on the accounts of th¢ tnt for the year ended 5th April 2024, which are set out on pages 2to3. R¢$peelive Responsibilities of Trustees and Examiner The charity's trustees are responsible for the preparation of the accounts. The chaTity'S trustees consider that an audit is not required for this year under section 144(2) of the Clwities Act 2011 (the 2011 Act) and that an indepettdent examination is needed. It is my responsibility to . examine th¢ accounts under section 145 of the 2011 Act . to follow the Procedures laid down in ttLe general Directions given by the Charity Commis5i0n under section 145{5)(b) of the 2011 Act . and to slate whether particular matters have comc to my attention. Basis of Independent Examfinerl$ Report My examination was carried out An accordance with the general Directions given by the ChaTity Commission. An examination includes a review of the accouttting records kept by the charity and a comparison of the accounts presented with those recoTds. It also includes consideration of any unusual itenis or disclosures in the accounts. and seeking cxplanations from you as tNstees concerning any such matters. The procedures undertaken do not provide all the evidence that would bc 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 ihose matters set out in th¢ statement below. Independent Examiner's StYdteD)ent In connection with my examination, no matter has come to my attention . (l) which gives me reasonable cause to believe that in any material respect th¢ r¢quirements .' to keep accounting recoTds in accordance with section 130 of the 2011 Act. and to pryare accounts which accord with thc accounting records and comply with the accounting requirements of the 2011 Act have not been met . or (2) to which. in my opinion, attention should be drawn in order to enable a proper understanding of the accounts be reached. //Jf R W Evans Bsc Econ(Hons), FCCA Major and F.vans, Chartered Certified Accountants. BUEI House, 15 Penrallt Street, Machynlleth, Powys. oi