The Falconer Trust Registered Charity No. 280864 Financial Ststements Yéar ended 5th April 2025
Th• Fal¢oner Trust Contents for the year ondod 5th April 2025 Page5 Report of the Truslees 131 (41 st8tpment of TIu8tee3 ResoonsiLMlities (s) ReFort of the IndeperKlent Exarniner (61 Stalement of Fnancial Activite8 (71 Balan(x SF*el (81 Notes to the Financial Stalernents (91 (11)
The Falconer Trust Report of the TrustG for the year •nded 5th April 2025 The TruslÈès are p18&t lu present Iheir annual report wilh th8 finanrial accounts of the charty for the year gnded 5th Apnl 2U25. Objects and Organlsallon The eharity wa8 eetablished by Trust DÈÈd i1d 24th 19WJ and Is reg[steY 1th the Ch81ity Ccffimj5swJn. Its Dbjects srè b) adv8neé the Chiislian religion and lo lIeVe poverty by means ot (al aSting in thÈ mainlenance ol the Fakoner Homè and 01$ana9& ITh Zambia,. an {bl makin9 yian15 lo other ch¥itsble chihJr8n'8 hom&s and oipnanages. The Iru5tees organisÈ ¥Je¢iffr 8iAPPOrt lo 1he Fabne1 Homè. Zambia. and Ihis fals inio three rTran calAgories.' (i) sendirYJ out parcels of clothing dri8d good5 and me4icJnes: 21 )?d1ThJ grfts DI money for thÈ local n8wJ8 of tfv? holl, and 13) helpirg with pro118 tty aid the homes IrrYTredièle )dI9 dEvebFfnent Review of Actlviti08 Neil Siarling conteS io work as Manager of the frust, attending lo all adMIrstratIV8 duties. gibiro FfeserftalJnI variou5 churches. sth0018 and other groups. lasing staff ai the Faer Home, dealing with practiral rnstsr8. TIE Trustees onc sgsin e¥press they're thanks lo Bri8n and Margaret Nash. tlInUe Io give valuabl? 5ervic@ VDnIerS in rhÈ unil. (r4etseeing the packing tsf box&£ ol don8lEd good5: and genér211y kÈepin9 Ihg wdrehuu5e In 9ood order, I'hey also support the work cf Ihe Tnjst In many 0th8r w8y8. foi which the Trustees arÈ vÈry gr8tefLA. N?il Starlirs trusle8 D8nni¥ Webb visited the Falconef Home in June 2024 for0 The m8in ar8a uf di5810Th r)eDteTetJ aroun4 trÈ for an irrigolton system at t Fakongr Home fafm. Much of southerr) Ptrica has endurvd spv¥r8 ¢rcbughl recenlty due to &ffeGts ol El Nino. Slaff at the home ¥LKQCrt for prO¥1w of aTh iffgatlon sys18m lo rnitigale agairhst Èffects ol (Jrouoht. so that a regular ltsrvest can oGhiewed. initial 8¥limate of tlle cost was aroun(1 £S0.000, though the etssl did ijs@ io aruuad £Iu0,. Ihè Truste88 weTe amazed Io [81¥ c(fer from Goréon millan Trusl lo cover the full cost of Ihe projeGI: and funding was prDvideJ In a fjuner of irt51almErhts.Over the next SgV8r81 monlhs, all the necè5fy equipm8nt Yéas puichased and Irtslalled. The rn crop lo be gmwn 18 maizE. which is ugéé Its mak8 n8hima, th? Zambian stapk ftsDd. Olhor GTOPS t& be grown inclu(J8 iomatoe5, onions. sunlowers: gorgrn and cillie5, The hope is th81 (c will po55it4e to gro focxl br Ihe children al th& and also encogh to sell and generate an income for th2 Homg We are most 9ro1oful ID the liuslees ol ty)È Goidon Milligan Trus1 fDr their most genen)us funding foi th woJect- During the yeaf the Itu813 rne the decision ID c8asè Ihe s$ang of parcels to the Home, Bnd in future ID prthide finance onli. This deci8iowi wa5 wnade bepAuse of th8 Stoeply slliprrf.ng costs, as w81188 Ihe inerèasiD9ty lengthy compkx C¢M8 wocedwp5, Sendlng patcels h88 b&Dme unviable. thÉ final batch will tye sent during 2025 Ini5 wll méan thai thE oFerat'oTh cf the Twsl can rnove to smalw MIses, thus vIng MceY on rent ullitlES. A S]1 otlirk has begn remed al Ine Mellw)Jisl C8rilre. Phgh Street Watton. Neil $IlrO will w longer neoded Io WOFK full-tsrr. will drDP hour5 ID one or days 8 %*eek Ihe end ol eMr 2025. Money sawea from Ih&sg chgnge5 will howfLFlly mean that can bo sÉnl to th8 H)me, eThablin9 them b puhase morÈ supplies within Zambia w¢xld othe8 ha¥e been sent the pareÈl8 The Iwslees recognis8 that in a thanging world it 1$ ne88ary to adaFt in ordÉr to opor81e effectively.
The Falconer Trust Report of the Trustees for the year ended 5th April 2025 Rlsks operational Risk8 As wlh any chaTty relying voluntary ¢SJn2lnS. theie is a risk DI incoming resour$ going aslioy in the F081. [elopment rjl sound administrative systems Ènsure that fisk 15 n)inThi88d. FiNncial Rlsks TtE charily conu.n lo be subje£t to the risk ol over reliance on Unsol1t rÉv@nue from don8tion8. ap1$ and Ine gerbèral gènèrosty of people. By aiming ts make Ihe hume in Zambia more self-financing, trrou9h fai.ming and her prqects the risk to thÈ home will be minimi88d. Cc)1n9 to seek gcNemmenl funding for cp.rt3in prolee18 al80 rnininises this r15k. Trustee5 G)ff L Webb DennisJ W8bb Terrence Matlin &gn&l on of Ih? Truslees cÉnn J Webb. Trustee D81e.
The Falconer Trust statement of Trusteos. Rèsponsi bilities for the year ended 5th April 2025 Charity l.aw requiTES thE trustees to prÉp2re falS18t3Ments lor exh finanual year vthi¢h 9iYe 8 true and fair View of the charitys Incoming resourc&8 arKI applicslK>n of rexvrcE5 durirlg the year and ol ilA st ol attairs at the erKJ of Ihe yew. In preparlng those finahcial slaemenl, the IJuslees are requr¢d trj: Select lIable acecwnl9 poIici8s an(1 Ihe appty ttsm cl$lentlY. MakE jucl9ements an(i éstirn&t8s that Jre reasonable and prudÉn(' StAto whèthEr ?pplicable attountsrvJ standard8 h8ve been folkMEd, subj'ttl to any material departu¥ discoed expkined ift the IINan¢i81 $lat6m8nl8" • Prepare Ihe finartkl stsl8ft)èr)t¥ on the going concem basis unless it 18 in•FfoprialE ID presume ihal the charty wll [lin0 In business. Thé trus* c88ponsitle for prDpei 8(xountiry rerdS dIscte with reason8bl8 atxurd al any one lime Ihe financwl p(Lgilion of thE charity aThJ tts er&bl8 them lo en¥ure that Ihe financial strtÈmen18 comply with the Charitie5 Act 1993 and any wb8equenl acts. TrLJalÈÈg are also fbSP)n&ble tvr 5ateguar(iir Ihe assets of th8 chgrity ?d hewe for r@asOnab Sle fur the Ffevenlkln tyeloclbx OF frdvd and DU)er 1rrégar1tiè5. Signed on behalf of lh8 Trustees Denni5 J Wet Tfuslee
The Falconer Trust Indèpendent Examiner's Report for the year and8d 5th April 2025 Re8P•Gtivo re5PDfbsibilities of Ttee5 and eXaMir The charity's trustees 2re respOnSb fei thÈ prep8ration ol Tho chwty's tru81808 con8MYer Ihat an audit is not ree foi year under section 144 af the Charities Act 2011(tr Chan'ties ALII and Ihal ?n independenl oxaminalp)n is neeJed: 11 Is my respenslbility to.. • Examine Ihe account5 undèr seclitsn 145 of Charili&S Act. lo follow Ihe W?dUrES laid dcvMI in the general 4ir¢clipn5 givon by Charty CommlssK lunder sethon 145I5)Ibl of the Chartti8s Act. 8nd . 10 slate thEther p3rtiGular matters ttave come to ry atrentbjn, Ba818 Qf indep•ndent examinerfs Statement My examin"on was caffi&d tsut accord8n(¥3 with g8neral direct6 given by the Charity Commission. An examinat InGludes a review of the trnting rectsrds kept by the chsrity 8nd a cThrpsns40n of th accounts presenled wilh those recDrtl$. It a550 Indudes consic1eration of any unusal Items u lurÉ in the aGcounts and seeking explanations from thp Irustees CDficgming 8LKh matter8. Th8 prDures vndfrtgk8n CJD iiot pro¥ide all the evidence that woubj be required ina n audit. ttonse9uenlty no opinits) Is gwen as to thetherthe 8orowts pre3ent a'lrue and wew and the rer4Xt Is limited to Ihose matters Set cut in the statement bdow. Independent èxamlner's s14tém•nl I have compleled my ex8minalion. I coTrfirm that no materwl matters have corne to my attenticn in ry)nnerAiDrÈ wilh the examination which gi74È5 me cause to b81i8wé that ITh, y trk3lerial re5peGt'. lh8 accn[iNg rpLL)rds werE fb kept in aCrdE with sec 13D of the Charilies Act,. 01 Ihè accnunlg nol cOrd wilh the a¢uiunts"ng recurds- or Ihe accounts nol comply Krylh the atplrabi8 rÈquirementg COTEIng the trm contenl of set cut In IhÈ Chartlies IAccounts and R8por18) RiyJulatiDn5 2008 olker than 8ny r8quiremen1 thal the Count$ give a'true and fair, VIÈW which a matter ccnsidered as part tsf Ktdependenl examinalwxi. I have no concerns ha¥e oJm8 ac1088 no olhei mattEf5 In ccnnEth'on the e¥AMInati to whith allEnlivn Should be 4raKr n tnis repart io enable 8 pfyr understanding ol the accounts to be reachJ. SEned'. Dale. Robért Kendall FCCA Arden Kendall Limitod
9 High 8lr861 Watton orfolk IP25 8AE
The Falconaf Trust ststernent of Flnancial Activites for the year ended 5th April 2025 Notes 2025 2024 Incoming Regources General Dor¥3ts0n8 Chanatiolls SLJPFK)rted by Gift Aid Dcnations re F¥m Irrigatton Fro Gift Aid R8cJ4im•d Legxies Total Incoming Resources 117,106 33,314 92,0 9.788 44297 99,858 30,544 9.018 10,4S1 2g7,403 14g,911 Direct Charilable Expenditure Amount paid to Faletsner Home Freight parGe15 tv FalGgner Waohousing costs (knd5 wicha5ed lor Faer Fr8ighl admirvpa¢king kb¢UrKpxpeg TDtal Direct CharitablE Expendilurg 241.La 5,872 7,718 2,838 32,825 126.035 5.929 7.751 16.719 26.958 290.313 183.3go Gross surp5[(LoSSI for th• year 7.090 (33 4791 AdThini8trativ• Expenditur• Geneial admin15tration, prinling and prcfflclic Bank 8ncJ online Gi¥ing charges IndeFendent exarnination fees Total Admini•tratiYg Expenditure 5,377 960 594 3,612 1,119 594 6,931 5,325 N•t Surplu81(L0881 for the year 159 {38 8041 Note5 l DOtionS from M8ine88e5, Ghur(*Es, organisalDns and dividUalS supporte Gift Aid Declarations 2 Donation8 ¥UPPClrted by GrtAid DlaratI5 enat4e Faccner Trusl In claim fmm HMFIC anylgxes F49d IYJ the donor 3 Tax recian)aUe th thè 411L3 r1Ved in the current year 4 Lesaues are treatod as rÈv8nu8 incjjng unl988 her18e requested in E5taip urnents
The Falconer Trust Balan¢è Sheet for the year endad 5th April 2025 Nots8 2025 2024 Fixed Ass?t5 Tangibk É&sAIs Currenl Assets Debtors PiepayTnenls Cash at bank and in han 8.404 472 54.824 53,700 7,584 472 55,485 63,54t Crodltofs: afftounts tslling due within one year A(£w818 594 Net Current Assèts 83 1(* 82.947 ToLI1 AJ89ts less Current Liabililies P,106 62.947 Re6evieJ 0MUlad funds 63.1C 101.751 83,1C6 101.751 SwJned on behall of IhÉ lrnslw.. Oennis J Webb (Trusleel Approv6d by Lw)aNI on
The Falconer Trust N88 to Financial Statements for the year ended 5th April 2025 l Basis of Preparntion ot Accounts These a¢Unts have boÈn prÈpÈd LJndÈr thé hi#torir21 cost convÈntiDn with items recognise¢ . at cost or trans1 value unles5 Ctherwise stated in Ihe relevant notelsl to the5E aGGounls. The aCcnts have been prekwe(l in aLKorOoncE Ihe Stsiement of ReLMmndj Pfactic8'. Accounlino and Réporting by Ch8ri1188 prwaring thgir acrx)unls in accordance with t Fir)ancial RÉptsrtiW Slandafil ÈPPlicablÈ in thÈ UK and Rewblic of Irelan4 IFRS 1021. 2 AccDunting Policies Incoming Resources ljl Rgcoynilion ol in¢orn• Tttese are iKluéed in the Stalemenl of Financ4al ActMty"e5 ISOFAI when.. thwily be<xmes entitled to the resource8" is more likety Illan nDt t1 the truslees will receNe the resources., the munelwy Wa¢ c be rTwsurEd with Suff1 [elbIlIty. Ibl Offsthng There has been no offsettirpg tsf as2éts ané liabillles. ar Income and èxpenses, unless requlied r permitted by the FRS 102 SORP or FRS 102. (GI Grants and 41onJtion5 Giwts 8nd don8tion8 are ClY includ8d in tho SOFA %then th8 gen8r81 incom8 re9ltiOn criteria arerrÉl15.10 to 5.12 FRS102 SORP). (dl Lty8¢1•8 LÉgaciÈ& are inclthpd in ihe SOFA swhen rgcoipt is pTobabl8. Ih8t 18, when there h96 tègn grant ol protole, the exkcLrtors have established that there are sufftient assets ia) tre estate any Gondili)nB attath ID the lrfaGy are eilher within the D)nlrol of thE cantr or hav? been MEI. (el Tax recIa1ff on OoThatlons antE gifts Gift AKI rerAivable 13 indLKled in iwome when there 15 a Val dBclaralion from the donur. ny Gin arnount r8CLVJW8d on a donalDn É r))n$idered lo be parl of that grft and ts trèat] as An addiTh"on to IhÈ game fund as Ihe iDial donation unless the donor or Ihe leThDs of th8 app&al have specrfied ctthise. Expendilufe and Liabililies lfj Llabllty recognftlon Liabililie¥ are reGogn15ed Ere It is mare likely Ihan not that there is a legal or constructi% obligalDn (rAnmFttiftg the cknariiy lo pay out resources and Ihe amount of th2 Otligation can be measur& with rpasonabb c8rt8inty. (91 GoY•rnanc• •nd 8upp(xt GOS Thtte inciude thè costs of WeratiQrF and examin81 of Ih& 81alutr)ry aBLL4JlltE5: thE CQ51 of tru81ees' mEelings rf inGvrr8d Irle CDSt ol legal advice to trusteès on wamancÈ or tonStitutNal mallets
The Falconer Trust Noteg to Fln8ncial Statem6nts for the year ended 5th April 2025 (hl Grahts V•th performance conJitiofis Where the Gharity give8 8 gr8nt with cl)lonS fo( its payment "n9 a 5pecthG le¥pl of sernice or outFxJI lo provided. such grants are only recogn15ed SOFA Dncx lh8 recipient of the 9r#nl has prDvKled the specrfied 5ErviGe or oulpul. 111 tsTant8 payablo Wit1t Fwformanc• condftlons wre there are na conditTr?ns attachi to ibe granl thal en8bl88 tho donor charity to reali5ts"c£lly vowj Ihe c4)mmitment, a liabilty of 1he fyjll lurdin9 thligalion musl be reccgnised. Ul CredltOTS The Ghanly ha5 which 8r8 mUrwj at set1¢rt anrjunts less any trade disGuunl5 ¢kl Provisions lor Ilabllltlès A liabilty 15 mSUred on tecogniliun * 118 hi8lorfcal cost then subsÉquèntly measured 81 Ihe best èslThate of thÈ amount rÈquird lo Sett the obligalLY at the ieporting dat Assets 111 TaTralble flxed assEts for u¥e by charity Th888 8ro ¢aF18118$d if thay csn be used lor mue than one syar: and they ale valuEd at GQSI. ImTr D?blor6 Debtors jincludN9 Ir&Jè éèbtors Énd loan5 receaole1 are m?asurpd OD inilpl recajgnrtion 8t 88tt18mont amount aner aw ¢J'Ecounts or vawEd by th8 chsrity. Subsequently, Ihey measured I the Ga8h 01 other consid8r8tion expecled to be rtCÈiYèd. 3 Debtorg 25 2024 Taxats'un recervable {Gift Aid Scheme} Pr?p3yrnts 8.404 472 472 8,876 8.05 4 CreditorJ: amaunls falling duewithin one year 2025 2024 Accru$. Iiidependenl Exanin*on lee8 594 591 594 594
The Falconer Trust Notes to Flnanclal Statements for the year ended 5th April 2025 5 Re¢on¢lllaOon of lund 2025 2024 Aeour))ui*Èd fund$ 62,947 101.751 Net SurplusllL0551 in ye 159 138,8041 Accumukted funds cl 63,1C6 62,947