**REGISTERED CHARITY NUMBER: 271133**
## **Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 5 April 2023**
## **for**
## **The Thomas Benyon Charitable Settlement**
Tearle & Carver Limited Chandos House School Lane Buckingham Buckinghamshire MK18 1HD
**The Thomas Benyon Charitable Settlement**
## **Contents of the Financial Statements for the Year Ended 5 April 2023**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**||1||
|**Independent Examiner's Report**||2||
|**Statement of Financial Activities**||3||
|**Balance Sheet**||4||
|**Notes to the Financial Statements**|5|to|9|
|**Detailed Statement of Financial Activities**||10||
## **The Thomas Benyon Charitable Settlement**
## **Report of the Trustees for the Year Ended 5 April 2023**
The trustees present their report with the financial statements of the charity for the year ended 5 April 2023. 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).
In the year 2022/23 the settlement concentrated its resources in raising money for the work of ZANE: Zimbabwe A National Emergency that involves inter alia, looking after pensioners, the mitigation of Clubfoot in children and the provision of basic education to small children. This was the work that TBCS founded in 2002/3; when it became a substantial activity in its own right the work it was spun off to a new charity (number 1112949). It should be noted that TBCS retains the use of the title ZANE: Zimbabwe A National Emergency).
The market for raising funds is difficult because of Putin's war, the rise in inflation and the cost of living. TBCS has not embraced any new charitable initiatives in this year of account.
No trustees were paid expenses and the running costs remain modest.
## **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**
271133
## **Principal address**
Rectory Farmhouse 2 Church Street Bladon Oxfordshire OX20 1RS
## **Trustees**
T Y Benyon O J Benyon C Hayns C J Y Sinclair
## **Independent Examiner**
Tearle & Carver Limited Chandos House School Lane Buckingham Buckinghamshire MK18 1HD
31 January 2024 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
....................................................................... Thomas Benyon Trustee
Page 1
## **Independent Examiner's Report to the Trustees of The Thomas Benyon Charitable Settlement**
## **Independent examiner's report to the trustees of The Thomas Benyon Charitable Settlement**
I report to the charity trustees on my examination of the accounts of The Thomas Benyon Charitable Settlement (the Trust) for the year ended 5 April 2023.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the **ERROR - relevant professional body must be completed**, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which 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 attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Kameliya Harrison
Tearle & Carver Limited Chandos House School Lane Buckingham Buckinghamshire MK18 1HD
Date: ............................................. 31 January 2024
Page 2
## **The Thomas Benyon Charitable Settlement**
## **Statement of Financial Activities for the Year Ended 5 April 2023**
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
10,900
**EXPENDITURE ON**
**Charitable activities**
Charitable Activites
2,522
**NET INCOME**
8,378
**Transfers between funds**
8
235,676
**Net movement in funds**
244,054
**RECONCILIATION OF FUNDS**
Total funds brought forward
68,051
**TOTAL FUNDS CARRIED FORWARD**
312,105|Restricted
fund
£
355,509
119,833
235,676
(235,676)
-
-
-|2023
Total
funds
£
366,409
122,355
244,054
-
244,054
68,051
312,105|2022
Total
funds
£
86,517|
|---|---|---|---|
||||72,900|
||||13,617
-|
||||13,617
54,434|
||||68,051|
The notes on page 0 form part of these financial statements
Page 3
## **The Thomas Benyon Charitable Settlement**
## **Balance Sheet 5 April 2023**
|Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
4
56
Investments
5
2,550
2,606
**CURRENT ASSETS**
Debtors
6
965
Cash at bank
312,523
313,488
**CREDITORS**
Amounts falling due within one year
7
(3,989)
**NET CURRENT ASSETS**
309,499
**TOTAL ASSETS LESS CURRENT LIABILITIES**
312,105
**NET ASSETS**
312,105
**FUNDS**
8
Unrestricted funds
**TOTAL FUNDS**|Restricted
fund
£
-
-
-
-
-
-
-
-
-
-|2023
Total
funds
£
56
2,550
2,606
965
312,523
313,488
(3,989)
309,499
312,105
312,105
312,105
312,105|2022
Total
funds
£
136
2,550
2,686
-
69,353
69,353
(3,988)
65,365
68,051
68,051
68,051
68,051|
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 31 January 2024
Thomas Benyon ............................................. Trustee
The notes on page 0 form part of these financial statements
Page 4
## **The Thomas Benyon Charitable Settlement**
## **Notes to the Financial Statements for the Year Ended 5 April 2023**
## **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, with the exception of investments which are included at market value.
## **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.
## **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.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Motor vehicles - 25% on reducing balance Computer equipment - 25% on reducing balance
## **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.
## **2. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 5 April 2023 nor for the year ended 5 April 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 5 April 2023 nor for the year ended 5 April 2022.
Page 5
continued...
## **The Thomas Benyon Charitable Settlement**
## **Notes to the Financial Statements - continued for the Year Ended 5 April 2023**
|**3.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL**|**ACTIVITIES**||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted||Restricted|||Total|
||||fund|fund|||funds|
||||£||£||£|
||**INCOME AND ENDOWMENTS FROM**|||||||
||Donations and legacies||9,149|77,368|||86,517|
||**EXPENDITURE ON**|||||||
||**Charitable activities**|||||||
||Charitable Activites||7,792|65,108|||72,900|
||**NET INCOME**||1,357|12,260|||13,617|
||**Transfers between funds**|42,682||(42,682)|||-|
||**Net movement in funds**|44,039||(30,422)|||13,617|
||**RECONCILIATION OF FUNDS**|||||||
||Total funds brought forward|24,012||30,422|||54,434|
||**TOTAL FUNDS CARRIED FORWARD**|68,051||||-|68,051|
|**4.**|**TANGIBLE FIXED ASSETS**|||||||
|||Motor||Computer||||
|||vehicles||equipment|||Totals|
|||£||£|||£|
||**COST**|||||||
||At 6 April 2022 and 5 April 2023|3,000||15,955|||18,955|
||**DEPRECIATION**|||||||
||At 6 April 2022|2,947||15,872|||18,819|
||Charge for year||53||27||80|
||At 5 April 2023|3,000||15,899|||18,899|
||**NET BOOK VALUE**|||||||
||At 5 April 2023||-||56||56|
||At 5 April 2022||53||83||136|
|**5.**|**FIXED ASSET INVESTMENTS**|||||||
||||||||Listed|
||||||||investments|
||||||||£|
||**MARKET VALUE**|||||||
||At 6 April 2022 and 5 April 2023||||||2,550|
||**NET BOOK VALUE**|||||||
||At 5 April 2023||||||2,550|
||At 5 April 2022||||||2,550|
||There were no investment assets outside the UK.|||||||
Page 6
continued...
## **The Thomas Benyon Charitable Settlement**
## **Notes to the Financial Statements - continued for the Year Ended 5 April 2023**
|**6.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
**7.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other creditors
**8.**
**MOVEMENT IN FUNDS**
At 6/4/22
£
**Unrestricted funds**
General fund
68,051
**Restricted funds**
Restricted Funds
-
**TOTAL FUNDS**
68,051
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**Restricted funds**
Restricted Funds
**TOTAL FUNDS**
**Comparatives for movement in funds**
At 6/4/21
£
**Unrestricted funds**
General fund
24,012
**Restricted funds**
Restricted Funds
30,422
**TOTAL FUNDS**
54,434|Net
movement
in funds
£
8,378
235,676
244,054
Incoming
resources
£
10,900
355,509
366,409
Net
movement
in funds
£
1,357
12,260
13,617|2023
2022
£
£
965
-
2023
2022
£
£
3,989
3,988
Transfers
between
At
funds
5/4/23
£
£
235,676
312,105
(235,676)
-
-
312,105
Resources
Movement
expended
in funds
£
£
(2,522)
8,378
(119,833)
235,676
(122,355)
244,054
Transfers
between
At
funds
5/4/22
£
£
42,682
68,051
(42,682)
-
-
68,051|
|---|---|---|
Page 7
continued...
## **The Thomas Benyon Charitable Settlement**
## **Notes to the Financial Statements - continued for the Year Ended 5 April 2023**
## **8. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|9,149|(7,792)|1,357|
|**Restricted funds**||||
|Restricted Funds|77,368|(65,108)|12,260|
|**TOTAL FUNDS**|86,517|(72,900)|13,617|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Restricted Funds
**TOTAL FUNDS**|At 6/4/21
£
24,012
30,422
54,434|Net
movement
in funds
£
9,735
247,936
257,671|Transfers
between
funds
£
278,358
(278,358)
-|At
5/4/23
£
312,105
-|
|---|---|---|---|---|
|||||312,105|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Restricted Funds
**TOTAL FUNDS**|Incoming
resources
£
20,049
432,877
452,926|Resources
Movement
expended
in funds
£
£
(10,314)
9,735
(184,941)
247,936
(195,255)
257,671|Resources
Movement
expended
in funds
£
£
(10,314)
9,735
(184,941)
247,936
(195,255)
257,671|
|---|---|---|---|
||||257,671|
Page 8
continued...
## **The Thomas Benyon Charitable Settlement**
## **Notes to the Financial Statements - continued for the Year Ended 5 April 2023**
## **9. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 5 April 2023.
Page 9
## **The Thomas Benyon Charitable Settlement**
## **Detailed Statement of Financial Activities for the Year Ended 5 April 2023**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gift aid donations
Donations
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Donations to other charities
**Support costs**
**Finance**
Motor vehicles
Computer equipment
**Other 2**
Loss on sale of heritage asset
**Governance costs**
Accountancy and legal fees
Total resources expended
**Net income**|2023
£
8,160
358,249
366,409
366,409
119,833
53
28
81
77
2,364
122,355
244,054|2022
£
6,527
79,990|
|---|---|---|
|||86,517|
|||86,517
70,608
18
28|
|||46
-
2,246|
|||72,900|
|||13,617|
This page does not form part of the statutory financial statements
Page 10