ANNUAL REPORT For the financial year ending 5 April 2024 F H SAYERS FOUNDATION REGISTERED CHARITY NR 293286 TRUSTEES: Paul Harvey. Maxine Blumfield. Sook Yin Harvey. lonut lonescu ADDRESS: l The Limes, Brentwood, Essex. CM13 2DT The Charity was founded by way of a Trust Deed, dated 21 August 1985, and both capital and income can be expended upon such charilable purposes as the Trustees think fi't. Dividends and interest received were as expected in light of the market conditions for the year to 5th of April 2024. Total dividends and interest receNed on stocks and shares was £17,270.92, according to the yearly accounts for the Charity. There were repayments of £15.0(Xi made against the loan to the church in Norwich, which loan is fully covered by the market vaiue of the freehold church hdl. There were no liabilities. GrantslGifts of £10,800 were made this year arKI the Trustees exercised caution given the market and fiscal uncertainties. The Trustees continued to follow the investment policy statement agieed by them. This is reviewed annually with the benefi't of advice from both an independent fi'nancial adviser and from Barclays Bank. Upon the exercise of the Trustees, discretion, some preference was given to the advancement of the Christian faith in London. Trustee signatures Paul Harvey Maxine Blumfield Sook Yin Harvey lonut lonescu
F H Sayers Foundation - Receipts & Payments Accounts for Year Ended 05-Apr-24
| Receipts 2024 Dividends & Interest on Stocks & Shares 17,270.92 Interest on cash deposits 0.00 Gifts / donations 0.00 Loan repayment 15,000.00 Sundry - Investment Encashment 0.00 32,270.92 Payments Grants/Gifts 10,800.00 Loans 0.00 Legal Advice 792.00 Management costs: Jackamans Solicitors (see notes to the a/c) 1,860.00 Bookkeeping (see notes to the a/c) 100.00 13,552.00 Surplus/(Deficit) for year 18,718.92 Statement of Assets & Liabilities as at 5th April 2024 2024 Assets Total investments 1,410,327.95 Barclays Wealth Account 69,373.23 Barclays Business Premium Account 2.01 Loans outstanding 135,000.00 1,614,703.19 Liabilities 0.00 Notes to the Accounts: Management Costs 2021/22 & 2022/23 1,860.00 Bookeeping 2022/23 100.00 |
2023 16,805.86 0.00 0.00 0.00 0.00 16,805.86 10,800.00 0.00 888.00 0.00 100.00 11,788.00 5,017.86 2023 1,291,426.74 50,654.31 1.98 150,000.00 1,492,083.03 0.00 |
|---|---|
Assets Total investments Barclays Wealth Account Barclays Business Premium Account Loans outstanding Liabilities Notes to the Accounts: Management Costs 2021/22 & 2022/23 Bookeeping 2022/23 |
Signed: Ionut Ionescu (Chair) Date:
EXAMINER’S UNQUALIFIED REPORT (FOR A NON-COMPANY CHARITY)
Independent Examiner’s Report to the Trustees of F H Sayers Foundation Charity No. 293286
I report to the trustees on my examination of the accounts of the above charity for the year ended 5[th] April 2024.
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that, in any material respect:
-
the accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn to enable a proper understanding of the accounts to be reached.
Signed: Date: 22[nd] January 2025 Name: Johanne Thomas, FICB PM.Dip
Relevant profession qualifications or body (if any):
Institute of Certified Bookkeepers 122-126 Tooley Street London SE1 2TU
Proprietor: Johanne Thomas FICB PM.Dip The Lane, Creeting St. Peter, Ipswich, IP6 8QR T: 01449 490010 E: jo@boaservices.co.uk
Licensed and regulated by the Institute of Certified Bookkeepers (ICB) and supervised under Money Laundering Regulations 2007