reglstratlon number 289428 THE ARTHUR CRICK TRusr ANNUAL REPORT AND UNAUDfTED FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
THE ARTHUR CRICK TRUST LEGAL AND ADMINISfRATIVE INFORMATION MrPJSa Mr DA Rouse Mr M E Brenwknmp th•rlty number 228 Indepwdent examlner PAinham ME8 7EG
THE ARTHUR CRICK TRusr CONTENTS Indendent exthnetrs reF¥Xt statement rf flnanda acu Balance she Notes to the flnJKlal *aterts 5-10
THE ARTHUR CRICK TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Twstees wesent ther nUal rem finwthl alts for year en&d 31 Marth 2024. To rmit the vthole or any part of the to te occukltsl by freema andlor thdr depa)dents who are in ts)ndition5 or need, hwdthp distw. or In the case to iE ¢x0J1 by meths of the genernl public to pay aFvly the income to or for regier&l nw$on ¢Jharlits arxl other general dritable purp) asy)cl3tsg wch chadt The Trustees have pak4 due regard to glthn t5$ ty the Charoty C(yrnil In derjdlng alIeS the 0rIty sl)ould underta The has been grants made to Masonlc thar1 of £20.950 (2023- £8,950) Flnancial revlew It Is the 1c¥ of the Chartty that unre>Jfjrtd fuTrJs vthkh have not deggnated for a spedfit use thjuld be malntslned at a equlvalenl to tetsveen three and nY)nth's ffidre. The Trustees conslder that reswes at thls I1 wlll ensure that, in the event of a s¥Jnlfic3nt drry) in fundlngi tw wlll ix able to c¢ffiUnue the tharitls current actsvities while conslderation Is gfv to ways In •SJtknna fiThts may te ratsèl. This of reserve5 has been malntslned through(yJt the yew. StruCre1 governanco and managament The Charity Is controlbj by ts govemlNJ LxumL a deed of tru aN1 (n$t1 an unlno)rpJrated thadty. The Truste¢s who $ved duriTVJ the year and up to da d 3nature clthe flnaThJal Statents T. Mr P J Sayer Mr D A Rouse Mr M E Brenyknryp wIn (oPting a Trustee (r¥ appjintsnent), the &)ard has regard to the rg]ulrements of any speaalist sklll needej and In order to provbde necessary Kadert and o)rNrw(ial knoWIge wth re5pert to the dwrlty. The Trustees, rekYJrt was lry the Board (f Tnthe& Roy Br(x)ks
THE ARTHUR CRICK TRusr INDEPENDEKf EXAMINER'S REPORT TO THE TRUSTEES OF THE ARTHUR CRICKTRUST I tEp)rt to the Trustees on my eyamThkn of the final Stat) of The ArtMK Qick Trust (the Charity) for the year e 31 March 2024. Raponslbmlties and basls ol reptyt As the Twstees of the Charity you are rewsible the finandal slatSts In xcordan wlth the rèJulrents of tt tharfties kt 2011 (the 2011 ktl. I rert In reSPt of my examinatlon of the Chaiivs flnarnyal Ststemts out under sectlon 145 of the 2011 Act. In carylryJ wt my I have fLkn¥ed aN the Dlredlons given by the Chanty Commis4on utvjer secur 14X5Xb) of the 2011 h IDdependent examIne5 slatem Your attention is drawn to the fart that tharity has finanual ststements In acc(%dan wlth Accountlng and ReX)n9 by Charltles tryartng their aCCnts In an the Hnandal Rep)rty"ng Standard applicalle In the UK and Rewtlic of Srdand (FRS 102) In welerfft to the P(counting and RqwrtiThJ by tharitle5'. Ststement of Recommended Practlce15sued ¢)n l Aprfl 25 Is rdmd b) li the regulatSons but has now been wlthdrnwn. l understand that this has d( Hi onlw for flnaTKJal statertts to a tnR Pdli vlew In wsrdan wlth Cnwalty kcountlng Prnctlce effth for rep)rbro benn C or after l Janvary 2015. I have completed my ex7minatSon. I connmi that no rmttws have to nry atttkn in connectk)n wlth the mlnation gfvlng to bdkve that in any rewt: accountlng records viue Njt W In rewt of the Chanty as Nuked lyi sedkn 130 of the 2011 Att; or the finanaal stateMts do accofd with tre records. or the flnandal 3tfftnts do not comrAy wlth the aFolicai4e requlrunents the form and content of tKcounts set out In the UrIll&S (nts and R<ts} Regulatbns 2008 ots than any VIrement that the accounts glve a true * falr ¥ieY véhlth is r)t a matter COndj as pt of an Indeent ex3rdnalion. I have no concems aNI have cl)* aryoss matt$ kn cnedJ(ffl wlth the ethnlnatlon to whlth att)n shoukl be drawn in thls rewt In order to enat4e a wwer w¥JwstaTrJlThJ of the fknandal sktvnents to be Yeathed. J.A.D. Assodts Ltd 4 BkKJts Lane Painham Kent ME8
THE ARTHUR CRICK TRusr srATEMENT OF FINANCIAL AcfIvITIES INCLUDING INCOME AND EXPENDrnIRE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 funds 2024 nds 2023 Income from: Investments 33,383 32,138 Total income 33,383 32.138 Expendlture on: CharKable athvlttes 31,669 Totsl expendlturn 31,669 Ngt InComel(oxprltU1ej and mov<t In funds (21,257) R¢condllatlon olfunds: Fund Ilan at l A42023 1,041,352 1,040083 Fmd balanc4s at 31 Mwth 2024 1,020,095 1,041,352 The ststeTht d flnanclal ltieS Indude5 *1 gabns aThJ ksses rwlsal In the 1r. AJI Incorre and eypenthture derlve from COnnuing actMtie&
THE ARTHUR CRICK TRUST BALANCE SHEEr AS AT 31 MARCH 2024 2024 2023 Investsnent I,()],L I,OfA),000 Current assets Debtors Cash at bank aTrJ In ha 1232 20,063 41,683 21295 42,552 CredItO. Y4mounts falllng due wlthln one year io {1,2) (1,200) 20,095 41,352 Total assets less current Il•bllltloJ 1,020,095 1,041,352 Not a•Mts exdudlng pwthl Il•bilty 1,020,095 1,041,352 The ¢rfth¢ Charfty Unrestricted fijnds I20,095 1,041,352 1,020.095 1,041.352 The flnandal atements were aF0r0d ty the Trustees on . . .... .... . MrDARo Chalnn•n
THE ARTHUR CRICK TRusr NOTES TO THE FINANCIAL sfATEMEK FOR THE YEAR ENDED 31 MARCH 2024 Accountlng polkles Charlty Infonnatlon The Arthur Cxick Trust Is a putllc bw)efit tharty In &nd and W5 and 15 unlj. 1.1 Accountlng conventlon The financial statements hwe ten wepared in Koydan with the TharteS PLt 2011, FRS 102 Yhe nandal Repn9 Stsndard aFalle kn the UK and Republic of IrdaThY fFRS 102? and the Charltles SORP "Accounting and RepThj by Charits.' stateMt of fteccmnnnded FbCY appliotAe to drS preparln9 thdr aCcOts in aCrdan wrth the Flnandal Rep1¥) Standard aAllcaLle In the UK and ReputAlc of Ireland (FRS 102). (effethve l January 2019). The C3rity 15 a PutAlc Benefit Entity as dertned by FRS 102. Charlty has tsken addnt?Je cl the mishJ)s h) the SORP for dwit5 rnt to wepe a Statement of Cash Ho The finandal ststements have deirte1 the awitte5 (Accojnts and RekM)rts) Reguwons 2C#)8 only to the extent requlr&l to prov4de a and falr vie. Thb departure has Invtkny folbvAng Ststement of Recommended FartKe for chatlttes FRS 102 rather than the versknn of the Ststement of finandal StatenE are In sterflNJ, vthith Is the funcilona ojmcy of the Monetary amunts In these fina1 stst&nents are ffnded to the £. The financlal statts have been undu the ht(L31 ojst con¥enilon. nxxllfioj to lTrude the aluavon of freehokl proFthes and to investment prOF and certaln finandal Instruments at falr value. The prlndpal accounbThJ poks are set Jt bek)w. 1.2 Golng concern At the tjme of apng the statts the Tru#ees hthe a reaxwthle eXptson that the tharlty has adequate resources to continue in OFw&onal eStee for the foreseeatrAe future. Thus the Trustees cth)tJnue to adopt tt)e cOn basts of aco)undng in wepartrvj the finandal statenents. 1.3 Charltable fvndj Unrestrlrtoj are avaltatrAe at the dknlKn of the TFUStee5 In futhrarKe of thelr charitsb obpctsves. Rericted funds are SUbt to S Cond try d(mS or mcys as to h(w dy may Le ud. T purposes and uses of the reartrted fvts a set ujt In the ncrtes to the finandal statenEnts. En(kJWnt funds are subject to Spear cotNlit#Ms ty Ikws that the capital must be maintsined by the arity. L4 Income Income Is when the Charity l¥Jab to It after any condluons have been met, the alThnts can iE m&3sureAJ relially. arnl it Is wotklt4e that inc£¥ne wll IE 1Val. Cash di)nations are rec(¥3nid pL Othw are rwi*d the Tharity has been notified of the donaoon, unless pthThan c0nth1Kx require deferrnl of the anK¥Jnt. Irmme tsx reawerable in rdatKFn to donations recevej under (lft Aid or deeds of covaMnt is recojniwl at the time of the dorhatll.
THE ARTHUR CRICK TRusr NOTES TO THE FINANCIAL sfATEMENTS (COKfINUED) FOR THE YEAR ENDED 31 MARCH 2024 Actountlng polldes {Q>ntlnued) LJe5 are recognised on rePt or otherwlse rf the tharity has be notifled of an iMndIng dlthbuuon, the aNK)unt is kJTh•m, aNI receip Os eyctej. If the at7KJunt Is fbot krbm). the legacy is tieated as a contingent asset. l.S EXpendIre ¢nthture bs reCognisl once there is a legal or C(K)Structv dAigation to transfer ecorKJmic benefft to a thlrd party, Is probat4e that a trdnder of )m benefits be requir8J in setdenrt and the anUnt of the obllgath)n can be meagjred relkibty. expendIre Is classified ty acty. The aists of eath acw we made the totsl of dlrect costs and shared costs. Indudlng sU[rt tosts Invow In undertsknryj eath actlwty. tir o)sts attrllxJts4e to a slngle acuvlty are alctated dlreth to that thty. Shared costs wthkh contritxtte to riK)re th one athvlty and SUppt costs whlch are not attr1bUtae to a slThJle a opwrbd between those activities crf) a basls cwstwt with the use of rer(ts. Central aff o)sts a on the 5$ of tlrr£ spenL and deWlatiOn charges are albxated on the Ftyartic of the asY5 U 1.6 Investment propertv Investment propety, vthlch Is proFety W tr& ewn rentsls arbyor ft¢ capttal aPF)at10n, Is Inltial rnIsed at cosL whith inchjdes the purtha5e cost aNI any diTedly attritxrtabk exFenditiJre. Suwuentty It Is nred at fwr value at the rewtiw (kts. The surrAus ty deficit on revBluatlon Is r{nISed In ofit or bss. 1.7 Cash Jnd Ash equlvalents Cash and cash equNalents [lUde cash bn hand. deP)ts hekj at call wh banks, othex shotrterm Ilquid inveStf[nts wlth ofvjinal maturllks of three nnthS or less, bank othraft& Bank owdrafts are shown wlthln borrowlngs In oJnEnt Ibknll#es. Hnandal Instrum¢nts The Chafty has eie(ted to ar(ty the W7$ rf Sth 11 'Bask Finandal InstrunEnts' and tk)n 12 Thher nartda1 Instruments Isw. of FPS 102 to all cl its finandal tstrument nanaal Instruments are Intsed In the Charttys bn thect V•then Ih Charity beconps party to the ontracbjal wovlsh)ns of the InstrumenL Flnancial assets arKI h"abilities are offset. with the net amunts Fesented in the financlal staterTEnts, when there is a legally enfable rlght to set off the rJnL anThnts and there is an Intentlon to settle on a net baas or to realise the asset aThJ settte the Namity mun51. Basic finan(ial assets, whith kndude (deb arwj cath aTKI bank tan, are initlally nasUrl at trnnsactlon pri induding transactN)n cc6ts and are sUbW]u orr1 at amcrttiwl (Dst Ung the effecbve intwest (j unless the aTrangfftnt ¢X)slI a finan(ing transact, bvhere the transacbon is measured at the present of the fvt receipts discounbj at a rate of Intere5L assets das9fied as ivabie within one year are not aTh¥)rbl.
THE ARTHUR CRICK TRusr NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Actountlng policies (ctInued) askflnandalllabilth Basic finanaal lialIties, indudiro creditcrfs bans are knltially rn1$ at trdnsgctrffi prts unless the aangement cfmstitts a financing transathon. whue the debt instrument 55 meagjred at the present value of the fvture payinents d6sctyJnted at a nwknt rate of IntwL finandal liatlIeS da5Sffi a5 paydble within one year are not anMyt"sed. Trade cr8Jltors are dllKJns to pay for or that haNe acqu1 in the ordlnary course of operaty't)ns from Annts payat4e are dassofied &8 current Ilabilities If payment is due wlthin one year or less. If no¢ are presented as norrojrrent Ikltllibes. Trade credltors a rKognI1 Inla1 at transactlon pr1 aTrJ subs8wtty meawred at arTr)rtlsed cost ulng the effthe interest nEthod. 'nancial liabllitie5 are dereccgnised when the aS ¢trgalled explre or are dtstharggj or cdled. 1.9 Employee b¢nefits The cost of unud hdlday ut Is rwld in pwbjd in whth the Floyee'5 seNkes are Temilnatb)n are rÈrynlsed Immedlatdy as an the thar Ls de)nStratty comnlited to temilnate the ernOYment of an en0 or to provkje twmination benefits. Unro*trlcW Unr•strlct funds 2023 2024 Renial Interest wecewat4e 33,330 53 32,083 55 33.383 32,138
THE ARTHUR CRICK TRusr NOTES TO THE FINANCIAL sfATEMEpifs (COKllNUED) FOR THE YEAR ENDED 31 MARCH 2024 Expendlture on dwrflable athllles Rental of Rentsl of vestmwt Investment Pvopertles Propertleg 2024 2023 Dlrnrt costs Grant funding of activlties (see note 4) 20,950 8.950 Sh•rn of support and 9overnance coJt8 (see nots ) 33.690 22,719 31,669 Analygls by fund Unrestrlctgj fun¢ts 31,669 Grnnts payable Rentsl of Rental of Investment Investment Pmpertles Propertl¢s 2024 2023 Grants to Instituti¢Jns: 20,950 8,950 None of the Trustee5 (or ary pwyms wilh thn) ary rEmeratjon or nefits from the Chadty durirvJ the year. Employaa5 The average mnthly nUMr of during the yew was: 2024 t4umbor 2023 Number Tot
THE ARTHUR CRICK TRusr NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 The tharfty ts exunpt from tuètknn tecause ay tts ap.ed for dwrttable puooses. 2024 1,000,000 Ir value At i 112023 arnl 31 Marth 2024 Invest)nt ¢Thpl th separate wopths tslr value of £1,000,000. The falr value of the investff£nt prc(erty has an1 at on the bags of a Valuati carrled out by Trustee5 with an Indepdlt evoluaty¢)n belng m in 2021. The •taluathJi m cffi an 0) market value basis feference to mbfket eVidue of transaction gmilar PYOF*s. 2024 2023 9 Debtovs Amounts fjmrf wlthln on¢ yer. 1,232 10 Crndltors: amounts falllng due wlthln on¢ yar 2024 2023 1.200 11 UnKogtslctad fund• The unr&dcied funds of the cha¢fjty tMlSe the balan of donatlons and grants whlch a not Sub to specific corrtJitiMS aNI grantors a5 to how may be used. indude designated fvnd5 whth have been set ath of fvTrJs by the trustee5 for sp&ific PUTpose& At l Aprll Incomlng Resour At 31 March 2023 resources expended 2024 333 (54,fr) 1,020,095 1,041,352 Gerwdl furKIs Prevlous year. At i Aprfl incomlng Resource5 At 31 Ma 2023 2022 rnsources 1,040,883 32,138 (31,669) 1,041,352 (nal funds
THE ARTHUR CRICK TRusr NOTES TO THE FINANCIAL STATEMEKrs {cotirINUED) FOR THE YEAR ENDED 31 MARCH 2024 There were dlsck)sabie relabj pty tran5Ktkns duthg the ar (2023. nl}.