**Charity Number 274164**
## **DUNCOMBE CHARITABLE TRUST**
## **ACCOUNTS**
**FOR THE YEAR ENDED 5TH APRIL 2024**
**ROYCE PEELING GREEN LIMITED CHARTERED ACCOUNTANTS THE COPPER ROOM DEVA CENTRE TRINITY WAY MANCHESTER M3 7BG**
**DUNCOMBE CHARITABLE TRUST**
**TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 5 APRIL 2024**
The Trustees present their report and accounts for the year ended 5 April 2024.
## **CONSTITUTION, REGISTRATION AND TRUSTEES**
The Duncombe Charitable Trust of 23 Tillingbourne Gardens, Finchley, London, N3 3JJ was constituted by Charitable Trust Deed on 18 July 1977 and registered by the Charity Commission under number 274164 on 22 August 1977.
The Trustees who acted during the year were Roslyn Susanne Pine and Elliot Pine.
The Trust’s independent examiner is Royce Peeling Green Limited, The Copper Room, Deva City Office Park, Trinity Way, Manchester, M3 7BG.
## **CHARITY’S OBJECTIVES AND ACTIVITIES**
The Trust is established principally for the promotion of general charitable purposes at the discretion of the Trustees.
The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Trust’s aims and objectives and in planning future activities and setting the donation making policy for the year.
## **ACHIEVEMENTS AND PERFORMANCE**
The Trustees consider that the Trust’s objectives were met during the year as charitable donations amounting to £15,956.00 were made in support of the Charity’s aims. Funds available to carry forward to next year amounted to £83,027.37. All assets of the Trust are unrestricted.
In line with the Charity Commission guidelines, the Trustees consider reserves to be income which becomes available to the Charity and which is to be used in furtherance of the Charity’s objectives at the discretion of the Trustees but which has not yet been committed.
All administration expenses have been met from the Trust’s income.
Signed by the Trustees:
R.S. PINE
E. PINE
Date – 17 December 2024
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**INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF**
## **DUNCOMBE CHARITABLE TRUST**
We have examined the accounts of the Trust for the year ended 5 April 2024, which are set out on pages 3 to 5.
## **Respective responsibilities**
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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is required. It is our responsibility to examine the accounts under section 145 of the 2011 Act, follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act and state whether particular matters have come to our attention.
## **Basis of Independent Examiner’s Report**
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 you as 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 our examination, no matter has come to our attention:-
1. which gives us reasonable cause to believe that, in any material respect the trustees have not met the requirements to ensure that:
- proper accounting records are kept (in accordance with Section 130 of the 2011 Act); and
- accounts are prepared which accord with the accounting records and comply with the accounting requirements of the 2011 Act; or
2. to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**ROYCE PEELING GREEN LIMITED Chartered Accountants The Copper Room Deva City Office Park Trinity Way Manchester M3 7BG**
Date - 17 December 2024
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**DUNCOMBE CHARITABLE TRUST**
## **RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 5 APRIL 2024**
|**UNRESTRICTED FUNDS**
**RECEIPTS**
Net rents receivable
Donations
Profit on disposal of ground rents
Sundry fees
Total receipts
**PAYMENTS**
Direct Charitable expenditure
Charitable donations
Management and administration costs
Bank charges and interest
Total payments
**SURPLUS/(DEFICIT) FOR THE YEAR**
**BALANCE BROUGHT FORWARD**
**BALANCE CARRIED FORWARD**|**2024**
**£**
1,333.90
26,249.00
39,637.37
-
67,220.27
15,956.00
-
93.29
16,049.29
51,170.98
31,856.39
83,027.37|**2023**
**£**
4,296.81
19,200.00
-
-
23,496.81
30,625.00
-
100.64
30,725.64
(7,228.83)
39,085.22
31,856.39|
|---|---|---|
3
**DUNCOMBE CHARITABLE TRUST**
## **STATEMENT OF ASSETS AND LIABILITIES AT 5TH APRIL 2024**
|**ASSETS EMPLOYED**
**FIXED ASSETS**
Ground rents at cost
**CURRENT ASSETS**
Property agents client account balance
Cash at bank
**CURRENT LIABILITIES**
Loan creditors
**REPRESENTED BY:**
Unrestricted Funds
Signed by the Trustees:
R.S. PINE
E. PINE
Date –
17 December 2024|**2024**
**£**
**£**
6,240.54
628.96
80,247.87
80,876.83
87,117.37
(4,090.00)
83,027.37
83,027.37|**2024**
**£**
**£**
6,240.54
628.96
80,247.87
80,876.83
87,117.37
(4,090.00)
83,027.37
83,027.37|**2023**
**£**
2,839.91
4,003.31|
**£**
29,103.17
6,843.22|
|---|---|---|---|---|
||||||
|||87,117.37
(4,090.00)||35,946.39
(4,090.00)|
|||83,027.37||31,856.39|
|||83,027.37||31,856.39|
||||||
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**DUNCOMBE CHARITABLE TRUST**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2024**
## 1. **ACCOUNTING POLICIES**
## **Basis of preparation**
These accounts have been prepared on a cash basis and include income and expenditure as cash is received and paid.
The recommendations of SORP2015 Accounting and Reporting by Charities have been followed in the preparation of these Accounts.
The Accounts include all the activities of the Charity which are governed by the principal Trust Deed dated 18th July 1977.
## **Fund accounting**
The Charity’s Trust Fund consists of funds which the charity may use for charitable purposes at its discretion.
## **Voluntary income**
All voluntary income is included in income on receipt.
## **Property investments**
Property investments are included in the accounts at historical cost.
Gains and losses arising on disposal are recognised in the income and expenditure account immediately on disposal.
## **Property investment income**
Rental income is credited to the income and expenditure account when received.
## 2. **TRUSTEES’ REMUNERATION**
None of the Trustees received remuneration for their services during the year.
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