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 2￿28 Indepwdent examlner PAinham ME8 7EG THE ARTHUR CRICK TRusr CONTENTS Inde￿ndent exthnetrs reF¥Xt statement rf flnanda acu Balance she Notes to the flnJKlal *ater￿ts 5-10 THE ARTHUR CRICK TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Twstees wesent ther ￿nUal rem finwthl *al￿ts 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 ¢x0J￿1 by meths of the genernl public to pay ￿ aFvly the income to or for regi*er&l nw$on￿ ¢Jharlits arxl other general d￿ritable purp) asy)cl3tsg wch chadt The Trustees have pak4 due regard to glthn￿ t5￿$ ty the Charoty C(yrnil￿ In derjdlng a￿lIeS the 0￿rIty 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 ￿ffid￿￿re. The Trustees conslder that reswes at thls I￿1 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. StruC￿re1 governanco and managament The Charity Is controlbj by ts govemlNJ L*xumL 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 State￿nts T￿￿. Mr P J Sayer Mr D A Rouse Mr M E Brenyknryp wI￿n (￿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 knoWI￿ge 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 fin￿al 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 slatS￿ts In xcordan wlth the rèJulren￿ts of tt* tharfties kt 2011 (the 2011 ktl. I re￿rt In reSP￿t of my examinatlon of the Chaiivs flnarnyal Ststem￿ts 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 examIne￿5 slatem Your attention is drawn to the fart that ￿ tharity has finanual ststements In acc(%dan￿ wlth Accountlng and Re￿X)￿n9 by Charltles tryartng their aCC￿nts 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 2￿5 Is rdmd b) li the regulatSons but has now been wlthdrnwn. l understand that this has d(￿ Hi onlw for flnaTKJal statert￿ts to a tnR Pdli vlew In wsrdan wlth C*nwalty kcountlng Prnctlce effth for rep)rbro be￿nn￿￿ C￿ or after l Janvary 2015. I have completed my ex7minatSon. I connmi that no rmttws have to nry att￿tkn 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 stateM￿ts do accofd with tr￿￿e records. or the flnandal *3tfftnts do not comrAy wlth the aFolicai4e requlrunents the form and content of tKcounts set out In the U￿rIll&S (￿￿nts and R<￿ts} Regulatbns 2008 ots than any ￿VIrement that the accounts glve a true * falr ¥ie*Y véhlth is r*)t a matter COn￿d￿j as p*t of an Ind￿e￿￿ent ex3rdnalion. I have no concems aNI have cl)￿* aryoss matt￿$ kn c￿nedJ(ffl wlth the ethnlnatlon to whlth at￿t￿)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(oxpr￿ltU1ej and mov<￿t In funds (21,257) R¢condllatlon olfunds: Fund I￿lan￿ at l A￿42023 1,041,352 1,040083 Fmd balanc4s at 31 Mwth 2024 1,020,095 1,041,352 The ststeTh￿t d flnanclal ￿ltieS Indude5 *1 gabns aThJ ksses rwlsal In the ￿1r. AJI Incorre and eypenthture derlve from COn￿nuing 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 I￿20,095 1,041,352 1,020.095 1,041.352 The flnandal *atements were aF0r0￿d 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 W*5 and 15 unl￿￿j. 1.1 Accountlng conventlon The financial statements hwe t*en wepared in Koydan￿ with the Thart￿eS PLt 2011, FRS 102 Yhe nandal Rep￿￿n9 Stsndard aF￿￿alle kn the UK and Republic of IrdaThY fFRS 102? and the Charltles SORP "Accounting and Rep￿￿Thj by Charit*s.' stateM￿t of fteccmnn￿nded FbCY￿ appliotAe to d￿r￿S preparln9 thdr aCcO￿ts in aC￿rdan￿ wrth the Flnandal Rep￿￿1¥) Standard aAllcaLle In the UK and ReputAlc of Ireland (FRS 102). (effethve l January 2019). The C￿3rity 15 a PutAlc Benefit Entity as dertned by FRS 102. Charlty has tsken ad￿dnt?Je cl the mishJ)s h) the SORP for dwit*5 rnt to wep*e a Statement of Cash Ho The finandal ststements have de￿irte1 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 F*artKe 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 fina￿￿1 stst&nents are ff￿nded to the £. The financlal stat￿ts have been undu the h￿t(￿L31 ojst con¥enilon. nxxllfioj to lTr￿ude the aluavon of freehokl proFthes and to investment prOF￿ and certaln finandal Instruments at falr value. The prlndpal accounbThJ pok*s are set ￿Jt bek)w. 1.2 Golng concern At the tjme of ap￿ng the stat￿ts the Tru#ees hthe a reaxwthle eXp￿ts￿on that the tharlty has adequate resources to continue in OFw&onal e￿Ste￿e for the foreseeatrAe future. Thus the Trustees cth)tJnue to adopt tt)e cO￿￿n 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. Re*ricted funds are SUb￿t to S￿ Cond￿ try d(m￿S or mcys as to h(w dy may Le u*d. T purposes and uses of the reartrted fv￿ts a￿ set ujt In the ncrtes to the finandal statenEnts. En(kJW￿nt 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 alTh￿nts can iE m&3sureAJ relially. arnl it Is wotklt4e that inc£¥ne wll IE ￿￿1Val. Cash di)nations are rec(¥3ni*d ￿￿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) L￿J￿e5 are recognised on r￿ePt or otherwlse rf the tharity has be￿ notifled of an iM￿ndIng 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 EXpendI￿re ¢nthture bs reCognis￿l 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 an￿Unt of the obllgath)n can be meagjred relkibty. expendI￿re Is classified ty ac￿￿ty. 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 attrllxJts￿4e to a slngle acuvlty are alctated dlreth to that thty. Shared costs wthkh contritxtte to riK)re th￿ one athvlty and SUpp￿t costs whlch are not attr1bUta￿e to a slThJle a￿ opwrb￿￿d between those activities crf) a basls cw*stwt with the use of re￿r(ts. Central ￿aff o)sts a￿ on the ￿5￿$ of tlrr£ spenL and deW￿latiOn charges are albxated on the Ftyartic￿ of the as*Y5 U 1.6 Investment propertv Investment propety, vthlch Is proFety W tr& ewn rentsls arbyor ft¢ capttal aPF)￿at10n, Is Inltial r￿nIsed at cosL whith inchjdes the purtha5e cost aNI any diTedly attritxrtabk exFenditiJre. Suwuentty It Is n￿￿red 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 w￿h banks, othex shotrterm Ilquid inveStf[￿nts wlth ofvjinal maturllks of three n￿nthS 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 W￿￿7$ 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 I￿ntsed In the Charttys b*n￿ 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 F*esented in the financlal staterTEnts, when there is a legally enf￿able rlght to set off the r￿JnL￿ anTh￿nts and there is an Intentlon to settle on a net baas or to realise the asset aThJ settte the Namity ￿mu￿n￿￿51￿. Basic finan(ial assets, whith kndude (deb￿ arwj cath aTKI bank t￿an￿, are initlally n￿asUr￿l at trnnsactlon pri￿ induding transactN)n cc6ts and are sUbW]u￿ orr1￿ at amcrttiwl (Dst U￿ng 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¥)rb*l. THE ARTHUR CRICK TRusr NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Actountlng policies (c￿tInued) askflnandalllabilth* Basic finanaal lia￿lIties, indudiro creditcrfs bans are knltially r￿n1$￿ at trdnsgctrffi prts unless the a￿angement 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 liat￿lI￿eS da5Sffi￿ a5 paydble within one year are not anMyt"sed. Trade cr8Jltors are dl*lKJns to pay for or that haNe acqu￿1 in the ordlnary course of operaty't)ns from An￿nts 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￿ rKognI￿1 In￿la1￿ at transactlon pr1￿ aTrJ subs8wtty meawred at arTr)rtlsed cost ulng the effthe interest nEthod. 'nancial liabllitie5 are dereccgnised when the a￿S ¢tr￿galled￿ explre or are dtstharggj or cdled. 1.9 Employee b¢nefits The cost of unu*d hdlday ￿￿u￿t Is rwl*d 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 ern￿OYment of an en￿0￿ 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 th￿n) ary rEm￿eratjon or ￿nefits from the Chadty durirvJ the year. Employaa5 The average mnthly nUM￿r 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 ￿1￿12023 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 an￿1 at on the bags of a Valuati￿ carrled out by Trustee5 with an Indep￿d￿lt evoluaty¢)n belng m* in 2021. The •taluathJi m* cffi an 0￿) market value basis feference to mbfket eVidu￿e 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 t￿M￿lSe 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 33￿3 (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 (￿n￿al 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￿￿}.