THE LOSELEY CHRIsTN TRUST ReEi5tered Charity No: 287715 Report FiDaDC1 StatsiDents Year ended 51MIrCh 2014
LOSELEY CHRJSTIAN TRUST Contents Page Lcgal and adminisiralive infomjalion Rwrt.of the tru5t¢es Report of the independent examiner Stal¢nient of finwicial activiiies Balanrk*heet Noru fomiing part of.lhe financial 51at¢nieDts 9-11 Charitsble donations
LOSELEY CHRISTIAN TRUST IKgal #nd administralive informalion Thistees Mys Susan Mor¢-FAolyneux mrmichl MortrMolyn¢ux LL Mr Alexmdcr More-motynenx PrInpaI Office The Est4t¢ OffiGes. Is¢1 ParK Guildf Sumy. GU3 IHS Independent Exwnlner Haryiet Serge8nt FCA, Martin and Company, 25 St Tbomas Street, Winchester, H8mpshire. S023 9HJ Brdnkers C8fCash Limit Kin Hill, West Mallin& Ken( IAE19 4TA Solleitors Stevens & Bolton, Wey House, Farnbanj Roa¢ Guildfrf Sury. GUI 4YD lavestment Manager5 M&G InvPtrellts, PO Box 9038. Chelm8for( CM99 2XF
LOSELEY CHIUSTIAN TRUST Report of the trustees for the year ended 31 M4reh 2024 The trnstees aT¢ pleased to present their rq)ort along with the financial ststements of the charity for the year ended 31 March 2024. Legal and adMintratiVe inforniation is set out on the inforniation page and forn]s part of thi8 report. The financial statements have been prepared in accordatt¢e with the accouttting poli¢i¢s set out in tbe notes to the accounts and comply with the Clwity's Trust Deed, th¢ Charities Aci 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FinatLcial Repo"D8 Standard 4ppli¢able ID the UK and Republic of Irela[ published in October 2019. Constltstion The IA)seley Christian TTUSt is constituted under a trust deed dated 29 July 1983 and is a registered charity no. 287715. The cllarity has been funded by financxal and propety donations from th¢ Mor Molyneux famity. Objectives amd a¢tlvltles The objects are widely drawn to include maknng grants to charitsble 80¢lationS, ttwts, societies and coryorations, but with specific reference to.. The promouon of christi healing and the 6UPPOrt of those providing such healing. Thc promotion of dke Christian faith and the support of institutions. individuals alld buildings involved or used for Christian worship or other CEItable activities associated with the Christian Church. Public Benefit Th¢ trustees ¢onfirni that they have complied with th¢ thity in section 17 of the Charities Act 2011 and have referred to the EuidAnce contained in the Chariry CommissioD'8 general guid8nce on public benefit whell revillg the Cbarity's aims and objectives and in pla[lti8 lutUTe activities and setting the donations policy for the year. As tsustees we believe we air providin8 public benefit to others which may otherwis¢ hAve not been in a position tr• afford to do so without such help. We eDdeavour to make sur¢ wcr¢ Ihis is indirectly done through a third party, as trustees we are diligent in reviewing those third parties. previous activities to ensure they will achieve our $tatcd Charitable goals The Trust supports seivices for Cao¢er and PArkinson's Disease patients through Christian ministy. The TNst 8UPPOrts the work of.. The Loseley Christian Cancer and Parkinson's DAs¢ase Help Centre St Frdncis Church, Littleton Losel¢y Chapel and the Thomas Mor¢ Room And makes donations to organisations working within the fields set out in the charity's objectiv&%. A schedule ofcharitable donations is set out on page I I
LOSELEY CHRISTIAN TRUST Report of the trust¢e5 for the ytar ended 31 Mwrth 2024 (tondDued) Resttve5 policy The r&8erves of the Charity principally ¢ompri8e the properties and investmcnts which provide the income from whtch the charity IS able to make donations and supp)rt its charitable activiiies. It is the poli¢y of the trustxs to distribut¢ the income annually subject to retainitvd sufficient funds al the bal to cover ongoing expcnditure. Nooe of the fimd8 of the chaTity are rcstrict¢d fimds. Rlsk man#zement The tDJStees bave exemined th¢ major risks that the ch3Tity fares and confirni that th¢ ThS8ry steps have been takeD to review and reduce these risks on a regular basis. Structsr4 Governance •nd Management The trustees who have served during the year are set on page 2. The trustees are appointed by the board of tsitstees. The ffiL6tees are seJe£ted on the basis of their understanding of the issu¢8 facing th¢ Trust and an understanding of its widerlying aims and objectiv¢s. The trustees meel qU8rterly to discuss the financial situalion and property matteTS. requests for donations. St Ftan¢is Church, Loselcy Chapel and Th07DRS Morr Room, The Loseley Christsan Cancer and Parkinson's Disease Help Centre and People in lleed of support by Prayer 8nd other action Achlevements wnd performance During the year 57 charities wett supported with donations ranging from £50 to £5,000 which ha8 allowFd each beneficiary io fjjrthcr 115 own charitable aims. The trnslees considered each don8tioD to ensure It use would fit with The Loseley Christian TTUSt's own charitsble aims. We believ¢ we have mel the intended aims of the Ch3rity throughout the year and continue to comply with the Charily Commissions suidance on public benefit. Financial review thjring the year the investments wer¢ managed by M&G Invutsnents who reporf quarterly to the tnjslees on the perfonttan¢c of the portfolio. At 31 MaTch 2024 the investm¢nts stood with an unrealis¢d loss of £23,326. Tbe total iDcorne received amounted to £129,479. Of this £93,282 relat¢d to inVestmt income, an increase of £6,1 $8 on the previous year. Total eXpeIltUre for the year after donation8 was £160,571 an inLYeas¢ of £65,459 from the Previous year.
LOSELEY CHIUSTIAN TRUST Report of the tnTStees for the year ended 31 m%h 2024 (eonthiued) Trustees, responsibilities In relation to the fln¥nelsl 8tAtsments The tnTStees ar¢ required by law to prepar¢ financial statcmcnts for ch financial year which give a trn¢ alld fair view of the stste of affairs of the cb4rity as at the end of the financial y¢at and of the suryllus or deficit for that p10 The tru8tse5 confirnj that applicable accounting standaTds have been followed and that the fijancial statements havc been PTepAred on the going concern basi5. The truste¢5 are responsible for maiDtaining adequate accounting records. for safeguarditig the assets of the chaTity, and for taking r¢asonable steps to prevent and detect fraud and other irregularitie5. Approved by the tswte¢5 arld sigThed on their behalfby.. Trustce Date
LOSELEY CHRISTIAN TRUST Independent FAamlner's Report to the Trusttts of Loseley Chri8tian Trnst l TCPOrt to iho ¢harity tnL8tees on my examinati of the accounts of th¢ charity for the year ended 31 March 2024 whi¢b 8r¢ sct out (m Pages two to fiv¢ and scvN] to twelve. RpOnsibl11(1¢s and basts of report As the charity's tatee$. you are responsible foi" the preparntion of the accounts iti accordanGe with th¢ requirements of the Charsties AGt 2011 {'Ihe Act,). I report in respect of my examination of the Trust's a¢eounts carri¢d out under s¢ctioii 145 of the 2011 Act and in carrying out my ¢xaminatiofy I have followed all th¢ pplithle Dir¢ctions given by the Charity Commi55ion under &tIOn 145(5Xb) of the ACL Independent examther's *tAtement I have co))wleted rny 2xamination. I confinn that no material matters have come to my attention in contsection with the exarnination which gives me USt to belicve that in, any maieTial respect: the a¢¢ountsnE records wer¢ not kept in a¢¢ordance with section 130 of th¢ Chariti¢s Act. or the accounts did not accord with thc accounting records; or the 8c¢ounts did not comply with the applicable requirements concerning ihe fonn Aad CODtent of accounts set out in the Charities IAceowits and Reports) Regulations 2008 other than any requiremenl that the ac¢ounts give a 'trne and fair, view vthich is not a matter considered &8 part of an independenl examination. I have no concerns and have come across no other matth in connection with th¢ exarnination to which attention should b¢ drawn in thi8 T¢POrt in ord¢r to enable a proper und¢Tstsnditig of the accounts to be r¢A¢hed. Hauiet Ser nt FCA. Martin and Company 25 St Thom&4 Street Win¢h¢ster Harnpshite S023 9HJ Dated.
STATKMENT OIFFJNAT4CIALACTiVITIES FOR THEYEARENDED31 MARCH2011 2024 2023 93382 JU94 30J 67m4 36873 OttwiiieomLlJg TotAllol(RolICs IYJA79 128JJ¢ C•5ts ottener#iiDgfvnd• 139JO ij. t6.9 1&209 1.420 SJ71 9.1ty) 145 61.350 5.916 I¢A967 131.0921 3J238 182.71BI Nel MoYcm¢ffj IN 1S(4181 BthwbWIhtfQywIyd It l Ap¢il 2023 IJ4361 2J23.779 1243P61 Bol•ne¢wirAftymnl rt3l
LOSELEI" LHRISTIAN TRITSI" Ik.4LINCESIJts8T S ATjI.lARcH 2024 2024 Aswls Fi.¥cd 445J45 16911.710 1145.175 445.$45 .723.tt5D O>rrtntAsStt5 4.117J C71 6LPOJ 11,643 N&tyrrClll ¥55CL5 43J61 741 Ajiois 2.188ts43 ntttsttd by- GLYLrrJl 2.IIX.61I 43.11 231,. |& TnLy¢&....
LOSELEYCHRISTL414 TAUST NOTISTOTHE FINANCIALSTATEMEf4TS VOR THE YEAREf4DED 31 MARCHYJ14 l.PrlThdpsl AttwntknÈpolkles (•) G¢AorwllthmNdvn Rndbwsofprwttlc ThE Losd¢y ChttiSLi•n Tt¥SL 15 ¢hrithble IttISL in h8lDDd w1 kn th• of the Chlty bang ¥m¥ld vp th¢ I11 In Tr5P of tk rgnttt js liThuttd 10 Él pprmemlKT of th&¢bthty. ThE•d0)f ihcprwpl wven0 p#y iwo. Th¢ Dowreoftht¢hDYWsowi •rO pt¥rt¢iylxtiYiiiCS •r¢thEbtLerLtorJo rtsidenL%. 4ndtheptQrnDtion of f•ith tht fvrthlror zDr4t IMJnThl llndTdi¢r rSpAiraiTrijm8 tromnabJtAI dbM5r#%. i publie ba)efii ewity u defin by FTrS 102. Th¢ hhttnci•l beeTr mred In ith •vd RrywLlts8by ClorkiiCS'. Siemeniof Klln¢JCfj PCe iFvb¢bbIc to Ghti¢iii¥ prtwiini ifi 4woidJnU with tht FInttl31 A¢9Drt[nzstAdIld ¥plititslc hi thÈ uKd R¢publicofirelllffjd i55uyJ in Ocith 2019. th¢ Fin•nciil ReprtI$t1n0wd ippliublE ID thclknit ltin8dorn koublicofir¢loRd(FR5 ItrL]. th¢Ch4ri1i¥A¢i2Ql l. •rrtl UKfje4wA¢¢w Ptice. The 51iiiifiuni xuwiin¢plirlE¢ applid HLthBwuoTh0f thLge 51BttsrIy •Tt Ict rlb¢j0. Th¥E wli¢iahvcbxft(¥)JJSiilrtty •pplitiJ tyill yM5pvJertted unknoth¢risoStht•l l Futh UnreEm¢1 fvnds 4Te &Yailabl¢ (or v¥¢ It the dird¢M of thE truSt¢¢J IA fiuthra1¢¢ of th< abjesthys Of th¢ oud which v< forotherFUTIW¥. ThcChÈtitythA%nOt]b)Idanydpsiy¢)I fvrth. (¢1 j&comvToDI0 AN in¢¢)ni vi¥owtes we in th¢ Sl•triDviL of Fini11 A¢iiviilt4 ISDFAI the churity Iwlly eniilbl w thc Ir aftw Iity ronn•wcotsr&itytsknw¢bth rttrklstCts6lllcllrtdr¢l71biY it1spx0babs1 th¢incorn¢ willbE r¢eived. W>¢r¢ li iy nui prnaicoblr to id¢niify rft4MKwi ir(ca Wilin R srhcrne wiib T0>ble ¥cQrnC) thr inVe5mnI iellmc is of that c¢%. li is ificlvdps whtn b¢ rnewred rc15bly. knlcrt51 Irne usiTr¥ th¢ dfi¥¢ inttit51 andd1vldtd I1 itwwKisf<Wvswj a8 ÈharivK5TithT r0rwEivepy iatib5i¥hoJ. 16) Elpendire re•11 PendIj1 is for ott 4Ltnvb blw hys beai rlMifia Ii¢•dioy that iw¢yt¢ thu c¢•t5 Td4L¢d io the utcKory. Elpenow br0&75( whrre or iTrswkepÈytmoits thIr41¢S.117$VIb1¢tr0IlTh¢&eMIrnt Will itsyit¢d and Iibl¢Xmtof Lk.abb8aiion cBnbEw5urd tdiBbly li i3cowisAlwththt follThinih•JinK4.' Grants pnyknle kn thlrd pnic£ aK th¢¢hrilvbk ubjt(iivN. ortcrtd. this the t#ifAenti5 Jlvtifitd of this giS tIlD * TE#ble thB¢ EkYtLipicI will th¢ Wherc rtts if¢i4ndiiiJNI r#liini to yuformirtc th1he WEII 0DlYrWhrt Dny &nfuifilloJMDditiOMAT¢QUtsld¢ofth¢untrO] oftlwchjrity. e)Tangiblt fjx¢dAbl•ls Th¢ tsThybJe ¥S#ets VAtyriJe frethold buildiD85 whtch M dep[wi¥0 i cth•@. aryj khoH ltyJ th¢ of wtti¢h is bein$wDtt¢n off yyttth¢teTmoforlc Iy rwdA$5Et 1¥¢6trnrnts ire irriiially * f•ir value wbich is llY trJré•Gtirn excludini th$11¢ ¢osts. Sllbsquwtty. thty •rE fair1 1 TryosRiSal ift'TKt l (k} jnvaStsn¢nts' the SVFA if the 5hth publKly tswled or tlw fair vAlu¢w (IheTw1bBrntUd rtlithty. IbTx ThE¢hitity iSaneA¢wyieknritywitbin themcwZuVf thtdulÈ3 of the(itieS Aci2011 is w5id¥4tl to pw tht¢tsts$d0ln P•r&grnpli I Scbrtlulp6 FlwDceAci 2010 aAdthtsefor¢it Ine¢ederiI•?0f 1¢hL)It for UK¢oryy)nlbon tuwryose5.
)SELEY CBRTSItth TRUST NorKsTOTHE FnlANCtALSTATEMEpll3 THEVEAR ENDD JI MARCH 2024 IklC•l4 EOJLe4r ThÈ ATJvKid hav¢ b¢¢ts prtyattsj on 4 RoirycoT#m h5its •$ thtrtrL belitv¢tbgt Materi uixL Thg hA¥e (nsid th¢ l¢¥elof fth Wd thth¢trIt I¢ of wornt •nd for 12 opmthi frorn finvKIatSt41unm. Tht bvd8Alf•ctyneAndtxF1lu1r11fJth1wi¢10f rtteThxs forth6¢hwitytobsbJobJVJiwos •wJn8C)llEffjL 24 91281 J.TaTh¢lblelkn lyell VrrnhDld Prvwty T•tAI rAsstbrntstht&c4th foTh•Jd 445J45 445,S45 Nl]u¢Ll31 Marth2024 44SS45 NÈrFKvtykn¥i31 P•fthlOIJ 445545 445345 This of0 Fretbold fOWBes. LiftlctyiChurth4wI wknich ]u for W¥epr)5e5 duri8 orded 5 Apol 1994 4L E277.90D itt& Jf¢StAlod xi thlll valu¢ ill ihB ceounts. 114ts0 incbJdt¥ whi4h wis ¢ompleted duryng 1998 thr of £103.D22 ind is Included SN the5P Tr chyl h95 bcth vibJ•J f¢r iDSUT¥Jtt PUTr05¢5 •t£120,f¥Jth Dyrn8 1999 ¢he More Rwm t¢oMof £54.369twhi¢hfiweiiiS hrbj iBthtstKCDUVts.. Th¢Trw4* coNidttibith&LxpEr#of i lum DfthcpTrtrbyprQf¢5WilWlllttS t£tryeIlY ju#lbIt. 4. 3024 Mathty4¢HI l Apr 2023 Un[talil{lO%s15lirt0Th &t 31 MBrch2024 1.7240$6 JJ26) 1,699,730 I9.j12 15,950 ty11¢ at31 Idar¢h2U24 1.745596 1,14SJ96 I,?2356 10
NOTESTOT11E FINANCJALSTATEMf34TS FOR THERENDED31 MARCH 11124 1014 2023 61 05 & Debtwi: •Mwntsf4]ll4ThiIbfv oneyw 108 108 4.973 4.YJJ Ttth4Jtbtors 7.Crtditori: dy¢ wilhln ofi•yur liJ06 116$6 200 5.717 OthesGra1ttois &787 AttNols 21h43 21443 NJn¢otthBth4b**l kndis glkcAitsltyi•Thy itis tyb6cothrnd ullr85trlcF Vmrtrlr4¢d Fllnd Furtd
t l Apnl2ts1J
N# Movemgnts tn FwbJ5 31 M4t¢b 2024 2JiS779 IP1718 2,345.061 (54AI8 Rdkdp•rll tknjnithvyw.th¢CIty iQWTToA IdmiL11AndpWertYNthgCll txpEr6oof £11344 ptypwty¢rts • ti&niniSts¥iionfwn L•5dvJ Pk Ftw, iparbLU5hipln whielktxbof¢h¢TDJ$15 15 PAElW. Th¢JjOrf1 w ith TrATrwrfontvillhtrWSttu DurinBILeyar. w hnds er&id>S tDriaThburyunrrtDf knJswtsoxpNuql. thrtions ww4rteivo4 bU5tte¥duDlltth¢yvat.how¢vw¢Kh trwtredr•bJllKlttim¢trdl illsro •tsiffti5trrin¢thtthwity. 11. vlu revlew The ll•off #rth4ndEdiv•¢ihw bre r&1tyd1frerentin rJrTrrJ¢fro thwmtkci thetdthEth) rthrovi BOY J¢V41u*iirMq¢)I MoTGb 2024. Tknwurvtrp8¢d EtnpJDyW4 ifi thtsyw (2023-Niil
LOSELEY CiWSTIAN TAusr CMARITABLE DONATIONS FOR THE yEAREr4D)I MARUI 2•14 r•th&tIVNh M¢nwrial Fu 250. 3.(0. Cbwrof SMne 2,50Q.QC Ic0.0D 5,riJo.oci Gurkthi WelfknTnNI Giyrs riuiDnloS4&rE 2.QOO.00 iOOO.OD 5,Th¥JOO MNDA PhylL55TeJl PwwCarrt¢r UK RNIB ROYDI Sw $4l¥thonA SYyeJsCTrft 2JOO. 4,ri)D. Nonr•ndy PC ILcmi)I PJGirr 50.00 S0,OQ 250.QD 200.OD 1.s.0 S.OOQOD 250.OD 2.5QO.fy) I,ouo(K) I.OW.OD 200.00 S,0.0D StNthL75 PC£ FJTron Miclwtvua mcrnDd Fw Ch¢ny Tr Crisi• i.sw.00 2,th1.00 2.(th.j 5,OW.(WJ 2.OW.00 F7¢#hgrt Sutsex &Sthv Jiyow South F8%t Royd Brili5hLw GAS? J.w.(h) 5.lJ(Kl. 3,0.1¥) 3,5CQfy) 3,5LV.00 2,fth.00 i Jth).(N) Pmle¢i Ncwlif¢ Prinew A]iGc Hu5Pi t4oy•l AMMA TChco>tFT•Ioffl SkiUw8y Th¢ M¢¥h Sk¢CJLty Suppon 2,OOQ.(XI I.QQD.L 250fy) 250. loo. MD>tyof Ehnbrid8¢Ch#rty 70. 1.500 fA) FoTdEtsiicd (ompDri¥& ¥eÈthtyprd 31 Mitcth 2023 *e<wrA% 61 J50 61J50 151.420