Charity Registration No. 288336 RJM CHARITY TRUST {CHARITY) TRUSTEE'S REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2024
RJM CHARITY TRUST {CHARITY) LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr. J Rowe Mrs. M B Rowe Charity number 288336 Principal address Boulton House 17-21 Chorfton Street Manchester M1 3HY Accountants Jack Ross Chartered Accountants Barnfield House The Approa¢h Manchester M3 7BX Bankers HSBC Spring Gardens Manchester M2 1YB
RJM CHARITY TRUST (CHARITY) CONTENTS Page Trustèe's report Independent examinerfs report Slalement of financial activities Balance sheet Notes to the accounts
RJM CHARITY TRUST (CHARITY) TRUSTEE'S REPORT FOR THE YEAR ENDED 5 APRIL 2024 The Trustees present their report and accounts for the year ended 5 April 2024. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been ppared in accordance with Acuunting and Repo"ng by Charities." Statement of Recommended Practice applio4ble to charities preparing thr finanaal statements in accordance with the Financial Reporting Standard applicable in the UK arKI Republic of Ireland IFRS 1021 issued on 16 July 2014 las updated through Update Bulletin 2 published on 5 October 20181, thè Financial Reporting Stsndard applicable in the United Kingdom and Republic of Ireland IFRS 1021. the Gharities Act 2011. the Companies Act 2006 and UK Generally Accepted Practice as it appli&s from 1 January 2019. Structure, goveman¢e and management The charity was established by a charitsble trust deed. The Trustees who served during the year were.. Mr. J Rowe Mrs. M B Rowe The Trustees has assessed the major risks to which the charity is exposed and are satisfied that systems are in place to miligale exposure to the major risks. The Board of Trustees recognises its ultimate responsibility for risk management. The Tnjstees consider all substantial risks and where appropriate will implement systems to mitigate these risks. The Charity's expenditure is diredy controlled by its Trustees. All payments need lo be authorised by one of the trustees. Obje¢tives and activitios The charity's objects are lo ref¢t our faith and community aims, whereby each year the trustees rewew the objectives and activities of the Charity lo ensure it continues lo reflect these aims. The trustees confimi that they have referred to the infotma110n contsined in the Charity Commission's general guidance on public benefit when revrewing the Trust's aims and objectives and in planning future activities and services. The activities of the charity are to give grants lo suitable causes. Its fundraising income comes via the Trustees. The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. The charity makes donations in accordance with ils Trust Deed. Each application for a donation is considered Carefully by the Trustees and, wherever possible, an appropriate donation is given. Achievernent$ and perfomianc The charity has met its objectives for the year by providing grants and donations to bodie5 in accordance with the charity's faith and community aims. Financial review The fund has net outgoing resources of £96.41712023.' £84,706) this year. The trustees are satisfied that the funds of -£8,737 are due to a liming differen and the Charity will continue to meet ils ongoing day lo day expenditure. Income tsx recoverable in relation lo donations received under Grft Aid or deeds of covenant is recognised al the time of the donation.
RJM CHARITY TRUST (CHARITY) TRUSTEE'S REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 The trustees endeavour lo hold the bare minimum of reserves necessary for the day to day running of the trust. On crcasions, reserves do accumulate bul this is down lo a timing drfference in receiving donations and making charitable distributions and, in general, the trustees attempt to distribute virtually all of Ihe donations they receive. Plans for the future The Charity's principal objective is lo meet the needs of ils donees in the medium lemi. OD ljehalf of the tx)ard of Trustees Ir. J Rowa Trustee Dated.. 28th January 2025
RJM CHARITY TRUST (CHARITY) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES ON THE UNAUDITED ACCOUNTS OF RJM CHARITY TRUST {CHARITYI FOR THE YEAR ENDED 5 APRIL 2024 I report lo the charity trustees on my examination of the ¢1)unt8 of the charity for the year ended 5° April 2024, which are set out on pages 4 to 8. RESPONSIBILITIES AND BASIS OF REPORT As the charity's trustees you are responsiblè for the prepardtion of the accounts in accordan wth the requirements of the Charities Act 2011 Ilhe Act'l. The charity'5 trustees ctsnsider that an audit is not required for this year under section 144121 of the Charitses Act 2011 (he Charities Act°} and that an independent exarnination Is needed. l Teport in respect of my exarninalion of the charity'$ 8¢counts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Diwtions given by thè Charity Commission under section 145{5llbl of the Act. An examination indudes a review of the accounting records k6pt by the charity and a Comparison of ttrE accounts psented with those records kept by the charity. It also includes consideration of any unusual itèms or Llisclosures in the accc)unls and seeknng explanations from you as trustees conmIng any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequenlly no opinion is given as to whether the accoLtnts present a 'trJe and fair, view and the reFx)rt is limited to thosè matters set out in the statement below. INDEPENDENT EXAMINEifs STATEMENT I have completed my examination. I confirm that no material matters have come lo my attention in ¢onneth"on with the examination giving me cause lo believe that in any material respe¢t". accounting records were not kept in respect of the charity as required by secb'on 130 of the Act,. or the accounts do not accord with those records., or the accounts do not comply with the applicable requirements conmIng the form and content of accounts set out in the Charities {AOUnts and Reportsl 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 examinati. I have no concerns and have ¢ome across no other matters in conne¢tion with the examination to which attention should be drawn in this report in order lo efiable a proper understanding of the ac£ounls to be reached. Talha Raja ACA for and on behalf of Jack Ross Limited Bamfield House The Approath Manchester M3 7BX 28 January 2025
RJM CHARITY TRUST (CHARITY) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 5 APRIL 2024 2024 2023 Nots Incomin sources from Donations and legacies Investment income enerated nds 579,091 250,000 Total incoming resourcos 579,091 250,003 Resources ex nded Charitable activities Donations 675.047 334,606 Govèrnance costs 114 103 Totsl resources expended 675,161 334,709 Net lexpenditurellincome for the yearl Net movement in funds 196,0701 184,7061 Fund balances at 6 April 2023 87.333 172,039 Fund balances at 5 April 2024 18,7371 87,333
RJM CHARITY TRUST (CHARITY) BALANCE SHEET AS A T5 APRIL 2024 2024 2023 Notes Current assets Debtors 80,000 7,323 Cash al bank and in hand 87,333 CrèditOTS: amounts falling due within one year 18,7401 Net current assets 87.333 Total assets less Current liabilities 8.7371 87,333 Income funds Unrestricted funds Unrestricted income funds {8,737) 87,333 Revaluab'on reserve {8,7371 87,333 18,7371 87,333 l The accounts were approved by the Trustees on 281D January 2025. Mr. J Rowe Trustee
RJM CHARITY TRUST {CHARITY) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2024 Accounting policies 1.1 Basis of preparation RJM Charity Trust is a charitable trust constituted in England and Wales. The address of the gIStered office is given in the Charity information al the front of these financial ststemenls. The nature of the charity's operations and principal activities are detailed in the Trustee's Report on pages 110 2 of these financial statements. The chanty conslitules a public benefit entity as defined by FRS 102. The financial ststements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practi ISORPI applicable to charities preparing their financial slalements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} issued on 16 July 2014 (as updated through UtÉale Bulletin 2 published on 5 October 20181, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021, the Charities Act 2011. the Companies Act 2006 and UK Generally Accepted Practice as it applies from 1 January 2019. The charity has applied Update Bulletin 2 as published on 5 October 2018 and does not include a cash flow slalemenl on the grounds that il is applying FRS 102 Section 1A. The financk?I statements are prepared on a going concern basis under the historical cost convention. The financial statements are presented in sterling which is the functional currency of the charity. The significant accounting policies applied in the preparation of these financial statements are sel out below. These policies have been consislenlly applied lo all years psented unless Otherwise stated. 1.2 Incoming resources These are included in the Statement of Financial Activities {SOFAI when: - the charity becomes enlilled lo the resources., the trustees are virtually certain they will receive the resources and - the monetsry value can be measured with sufficient reliabilitv. Grants and donations are only included in the SOFA when the charity has unconditional entitlement lo the resources. Vvhere incoming resour$ have related expenditure las with fundraising or contract income) the incoming reSoUrS and related expenditure are reported gross in the SOFA. Incoming resources from tsx reclaims are included in the SOFA al the Same lime as the gift to which they relate. Gifts in kind are accounted for al a reasonable estimate of their value to the charty orthe amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the Charity. Gffts in kind for use by the charity are included in the SOFA as incoming resources when ceIvable.
RJM CHARITY TRUST (CHARITY) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Donations and legacies 2024 2023 Donations and gifts 579,091 250,000 Investment income 2024 2023 Interest receivable Total Ources &xpended 2024 2023 Charitable activities Donations Activities undertaken directly Govemance costs Bank charges 675.047 334,606 114 103 67S,161 334,709 Trustees None of the Trustees lor any persons wnnected wlh them) received any remuneration during the year. Employees The were no employee5 during the year. Taxation The charity is exempl from lax on income and gains falling within section $05 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied lo ils charitable objects. No tax charges have arisen in the charity.
RJM CHARITY TRUST {CHARITY) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Debtors 2024 2023 Income tax recoverable Olhei debtors 80,000 80,000