RECISIERED CHARrrY NtIMBEIL. 277J41 Report of the TnLqteeg athd Ujwdited statemtI for the Yearknded S April 2024 The DaDieJ chTtable Tntyt Grznt Harrod Lernjan D•i5 LLP CharteKd ACtattts 1st Floor Hth'd Howe Mar]borough Hill Hatrow "ddl¢ HAI IUD
Th¢ D1 FaIluCharlI#bk Trthi Contents of the FiD8neial Ststernents Cor tht yendelI S Apri12024 Reyort of the TThsloe Independent RepDrt Bala Sl*et Notes ¢0 the Ktianrial Stthments 6 to 9 Detsiled S(ateffjtf AthutieB 10
Report otthe Tnts forth•y¢•r•dr415 1014 4pplicabFe w ch8riti¢$ waring their itt 4cQ)rdat¢ with the F&nl9[ iiwtin8 StsttdaTd apptile Its th¢ UKor¥lRybli¢ ofJTe]attd (FRS IW2)(etr<#iv¢ l J8DW 2019). Ohjtttlvu •Dd 91 Jd to teJDJ 8Dd wnth¢I0 as th¢ TnMte&% from tim¢ to tin * their wKxJntrtll¢d dtwlio Th¢ m8iftty rnfk&q to *leDllfi¢ pritn8rily in 15rn¢L aLd th¢ UK 8tyJ to ots simllpx blte bmefft the yeor tsUIn8£S4.2S6(202S £3S.197). FINANCIAL REVIEW JDveJtm¢rtt objeetfv expthffjeed Fuod Mallw. Bar¢Jays Weatth M#tt4cmeo¢ aDd this 1$ rtyiuwl 41 regular intty18. The ehaFity hDld$8 nutoiyrof stDol1trlJetsnell Mith rt4wixdIovcfjuDenttDgWWty ex8mpl¢ Hettd¢rwn, &]n¢diurrtto hi8h resekve$ lIcY &ttd Irvel of rvre£ rwwirvj Fr¢revieHrdon ir4thb&%iJ tytbe Truthsdwin8 tb¢ry rnttti
The Dauid Fajluwr chl¢Ab Trnt Report of tbe Trns1&5 for th? y&qr eTrded S April 2024 STiiucfuRE. GOVERNANCE AND MANAGEMENT Joduetiojb trnining of new tru9t The TnJstee5 have fdl knoed8e of the Chatity COnlssIon'S guidan 'Th¢ Essenti8J Tn¥tec.' wh )'ou ne¢d to knov. Related plieS Dwin8 the ar ¢trwJed 5 April 2024, there one related party trartsWo ir] the Daniel Falkn¢r CbantabJ¢ Tntst Don10 io Ros¢tree FOdItion totsJlin8 £5.0(X), which Ann Berger is the CEO. The TnLSt¢e5 hav¢ a duty to tdffltsfy and z¢vi¢w the risks the dwity is ¢xFK>sed to apptopriate control$ are in pl to provide rethonablc ag8Jns( artd error. The Trwtees have ¢on$idued the risks to thi¢h the ¢ha£ity is exposed and ar¢ sat[Sfi that have procdurcs iti place ¢0 Trintrrise thes¢. REFEREIYCE AND ADMINISTRATIVE DETAs R¢gisleYe41 Cb•ity ttujrjber 277141 PrCIpal addn 177 Hany5tead Way Lotxlon NWII 7YA Trtte$ Mrs A L J Bes8er R D Cratg {rdsiwkd 7.10.2024) G D Bers¢r Miss R Ber8er lrtdepelldejrt J*erlly HaTtod GrAth Harr Lem D4vi5 LLP ChllrteTed A¢eoutknnts 1st Fl(x)r Hethd Ho¢ marIroug Hill HarnTrw Mddtes¢x HAI IUD Approved I order oFthe board of trustees on..........,.................................. and on its bdwlf by.. Mrs A LJ Ber¥er. 1ftte¢ Page 2
ldeI Examtller'a Report bj the TThstteJ •f The Daniel FolknerCh4Titable TTht IndepedeI examineWs JEllOrt to tht tru5tee8 of Tl Dawel C.harft4ble Tnt I report to the charEty It$t¢e$ rny exwTllni¢Jn of the acco15 of The Daniel Fkner Charitsble Trust (d Tntstl for the )'ear ended 5 April 2024. RespDngibililiu ad basig of rnport As the dwi'ty, tntstees of the Trust YO are r¢spa]sibl¢ for th¢ preplOn of the ac¢owts in a¢corthcr with r4uiroJwts of the Charitie$Aci 2011 Cthe Act). I report in respcct of Try examination of the Trt's ACCOUtts ¢tried out sti 145 of the Acr and in carrying Out ' examillaiion I have followed all applicabl¢ DiT¢aions giv by th¢ chilY cols$10n Se¢tion 145(5)(b) of theAct. llndepthdet ¢umirter'J statement I h&v¢ ¢ompled ry examinati¢xt. l ¢onfirnE thA¢ no mhteriaj have Io Jry gts¢ntion u)nnection w&th th¢ exarnityition 8iiTLg me caw to bcjieve that in any mat¢riAI rcsprfL occoting records were notkepi in respe¢t of the Tt as wulr1 b). Sedion 130 ofthe A¢L' or the accots do not attord wyth tho$¢ records. or the accounts do not conwly 1th the applicable rqwr¢tsnaLts rA)Tycerningthe fomiand content of kCCOW)ts thr Chariii¢s (ACcots and Reports) Re8dats"ons 2008 other than any r¢qernent that the aEcounts give a true and fair Yiewithi¢h is not a m&tt¢r corLsidered a8 part of an independeTLt exami[19 I have no coD¢¢ms and have ¢on* across no matters in com)110 the ¢<amtnaiiOn to •thÉch attenfion should bE drawn io this rep)rtin order to ¢nabl¢ a proper eTStalldt. of th¢ to be ieacha. ¢rew Hd frcl¥ Gr¥)t Harrod Lwnwn Davis LLP Chartera Accots 1st Flcor Health&id Hoe MarlbOrou Hill Harrow. Middlc5ex HAI IUD P8ge 3
TheDATrid FknrThatitsble T1 StsteitieDt of Finan¢1 A¢tivilies for tht ytav ende415 April 2024 2024 2023 fid INCtIME AND EI¥DOWMKN1S FROM Invgstmwi income 33,942 42.839 EXPF.NDITURE ON Rthsing fiotd5 I,5 Charitabje a¢thvitieb CHATy 54.256 38,070 Totgl 55,261 38.070 N¢t BaInO0s5es) on investllfnts (13.496) (66,957) NETINCOMFIIEXPENDITURE) {34,815) 162,188) RECONCILIATION OF FUNDS Total fimds brotrond 1.062,681 ,124.869 TOTAL FIIt4DS CAIWED FORWARD 1,027,866 1.061681 The rtotss forni part of these finanaal siairnts Ppge 4
TheDabiel F41knerClwitAble Tntyt Balante SI¢ 5 ApJ?12024 2024 Unrestricted fimd 2023 Totsi fd& FLXED A&SEIS tnvestnb2nts .009,626 961800 CURRENT LssErs Cth at bank 19,2UO I.841 CREDIIORS AnM)w)ts falling duB with]"n on¢yeAr (960) (960) NETCURREIYfKSSEI3 18.240 99,881 TOTAL LE&S CURRENT LIABILITIES 1,027,866 1,062.681 NET A&8£73 1,027.866 t,2,681 FUNDS Unr¢5trithd 1.027.866 1.061681 1.027,866 1.061681 Th¢ $(atthlWlts MEr¢ approved by the Bd of TnL5t¢ES and authoti5ed for issue .. and were si1¢a on bdjalf by" Tnm The Dotes fomi part of fiDanciai statamts Pag¢ 5
The Danid Falluwr Cb7tsWt Tnt Iyotes to the Fina11 StaterneDts for the yr S Apixl 20 AccouffflNG POLICIES Bg8i$ ofpwarkng the f{19[ statements The financial Stat¢ts of the clwity. thich is a publt¢ befit Cntity under FRS 102. have been pr¢purd in accordaTJ¢e wtth the Chities SORP {FRS 102) Accoting aTEd Reports by Charitic5". Statwnetrt of i<eco1 PriCe applicable to chan'tses preparing their AC¢Oth in accordauce Mqth th¢ Fing¢ Reporting Standard applicable in the UK 2nd Republi¢ of IT¢lgnd (FRS 102) (¢lYcctive l January 2019),, Financial Rcporting Sdard 102 The Finan¢ia] Re}rting Standard applicable the UK and RelJ¢ of Irdattd, ot)d the Charitseg Act 2011. Th¢ financis15tatemts have btsn prepared wd¢r the tu'$toricsl ¢o5t e{MkVtiol with the ¢X¢¢Ption of inve8tmls ar¢ included at nwk¢t vdue. Ail irKoTr£ is t¢$ed ift the S(At£meni of Financial Activiti<% once tb¢ clwiiy has titlent ro the Jt Ès probable thai th6 ineon svill be Eceived andthe )unte8n be ]rn&sured rdiably. ExPdIr+ Llllb]"liti or¢ reco8tiiseAJ as ¢XWLdityr¢ as soon as there is a 1¢8ai or constrlIVe obligation committin8 the dwi.ty kn that expenditsjre, it ]s piobabl¢ that a tsan5fer of orniC lThefits will be rtyuired in settlement and ¢ #uTht of the obligalion &8n be nxasuted re]iabty. Expen(h'ttwe is a¢¢ounted for on an B£cruais b#si5 and has ClS1fi¢4 und¢r hEa¢n8$ that ag8re8ate ail CO rela¢¢d to the ¢atEgory Wherc costs c4nttot be direcd attributed to particular heathjw they hav¢ be<n allocthd to a¢tiviiies on a bAsis coTh8istent Mryth the we of resoure48. Taxatto The chwity 15 exempt fromtlx on its charitable acltvities. aCt•ting Ultr1¢ted funth call b¢ed tn accordwt with tJ charit&bl¢ obJectiv&¥ at the discrdiott of the tees. Restheted fLm&s can onIy be used fDf p2rticu]¥ restiicted PLrposes ll.11 the obJ'e¢is of the ejwity. Rel¢tiOnS rise specifid by the doThor or are raisd forparticular restr&ct¢d purpose5. Furtherexplanation ofthe natwrand pwpa%c of knd is included In the notss to the financial 5tatenMts. INVEsfMENT INCOME 2024 2023 Investmts 33.942 42,839 TRUSTEES, REMUNERATION AND BENEFII There Mere tmy tru8tees' r¥nwJerni4)n or other ben¢fits for th¢ end 5 April 2024 nor for th¢ y¢ar end 5 April 2023. There were no tee$, ay]ses paid fortheyc8r 5 April 2024 JM)rfor the Y S Apnl 2023. Pase 6 con¢inue&..
The D111 FalkDerCknrtt*bltTrwt 2W COMPARATIVES FOR rn STATEhlEyf OF FINANCIALAcnvriiLs 41839 EXPENDMJRE ON 3I070 (66W7) (Q188) RECONCILIITION OFFUAIIS 1,124169 TOTAL FUF41KS CARRIED FORWARD 1.062ffj81 2Q23 1.Th)7A80 1.746 961,076 I.9.620 962.8(K) At6Apftl 2023 961,076 A15 April 2024 1007J80 NETBOOK VALIJE S April 21ll4 1.007,880 AtSApril 2023 961J)76
The Daniel Falkner Clwitable Trw¢ Tr4•teg tb th¢ Fin4ntial StsteDwIts- eonlinued for the year ended S Apiil 2024 FIXED ASSET INVESTMEiwfs. tthEtirtued Investments (neIt1r listed nOrWlStl Mrro folloMB'. 2024 2¢)23 C82h at Inv¢stttwt Mwge 1,746 1,724 CREDITORS: AMOUNTS FALLING WITHtN ONE YEAR 2024 2023 960 960 MOVEMENT IN FUNDS Net m¢)ven in funds At 5.4.24 At 6.4.23 Unrntiicted fuod8 GeTrI fid 1.062,681 (34,815) 1.027.866 ,062.681 (34.813) 1,027.866 Ne¢ Thovwr¢nt iti fmib, irt¢lthd inth¢abov¢ are &8 follows.. expend losses in funds Ilntwtiieted fiuMII Ger¥tral fid 33.942 (55261) (13.496) (34,815) YOTAL FUNDS 33.942 (55.261) {l3.4%) (34.815) for wvemenl ith Net vement Ai 6.4.22 5.4.23 Unre5tTit¢ed fwid$ fund 1,124,869 {62,188) ,062,681 TOTAL FUNDS 1.124.869 (61188) 1.062.681 Page 8 continued...
The Dauitl Fa1lurCh7tbk Trwt Notsfj to the St¢enlltg- ¢ODtiDued for thp ye8r ended S April 2024 MOVEMENT IN biTNDS. ¢ontinMed ComparatÈvenet movejneat in fth, induded inthe ab)ve are as followB: InrnIng Resow¢u Gains and NloTrement resources expended in fi]nds Unjwtiycltd fw¥J¥ fimd 41839 (38.070) (66.957) (62.188) TOTALViJNIK8 42.839 {38,070) (66,957) (62,188) A cwrem year 12 months )d prior yeor 12 motttlL8 Combin p)sitson is Js FoUoMs'. Net JTh)v¢ment infut Al 5.4.24 0.4.22 Untystrittrd f1 Gen¢rat fimd .124,869 {97.003) 1.027.866 TOTALFUNDS 1,124,869 (97,003) 1,027,866 A ¢wro)t year 12 Allth$ and wior year 12 ¢oothiti net in fiu)ds. iocludtyl in the ab)Ye as folloiTh8-. ITJcornin resources ResOwC Gains and MOTreDDt xpended Ios8& in fijnds 76.781 (93J31) (80,453) I97,3) TOTAL FUNDS 76,781 (93J31) {80,453) (9?.3) REIATED PARTY DISCLOSURES Th¢¥¢ w¢reno r¢hated paty traTLsa¢ttoJs for the yw¢nd¢d 5 April 2(r24. Pag¢9
The Dwie] Falkner Chvitable TTUSt DetAiled Ststenxnt of Fitt*ntial Activities for the year Mded 5 AprKI 202A 2W14 2Q23 174COME AND ENDOWMENTS 33,942 42,83)1 Total ille4lg rert¢S 33,942 42,839 Ctharitable activitieu Supportin8 and students in Ldertaking sci¢ntific ie5Earth 54.256 35.197 Support ¢tr Other 2 Svpport w%ts I,5 2.873 Total iesow¢¢$ ¢XFend¢d 55,261 38,070 Net (t111¢0t btfort tAin8 Athd lossefj {21.319) 4.769 Reall rycogniied ¥5 I0e5 Reali8vd gwn(losS) on fixed &%set ll)veytments (13.496) (66.C)57) Ne¢èwllditure {34,8l5) (62.188) This p¥ doth not fornipart of the sthtutory finm¢ial statenwts Page 10