# **ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 28TH FEBRUARY 2023** 

# **HENRY ROBERT BULL CHARITABLE TRUST** 

**CHARITY REGISTRATION No: 296133** 

Castle View Accounting Ltd New Barn Mudberry Lane Bosham Chichester West Sussex PO18 8TS 



## **HENRY ROBERT BULL CHARITABLE TRUST** 

## **CONTENTS** 

|Page 3|Legal and Administrative Information|
|---|---|
|Page 4|Trustees' Report|
|Page 5|Statement of Financial Activities|
|Page 6|Balance Sheet|
|Pages 7 to 14|Notes to the Financial Statements|
|Page 15|Independent Examiner's Report|



2 



## **HENRY ROBERT BULL CHARITABLE TRUST** 

## **LEGAL AND ADMINISTRATIVE INFORMATION** 

**CHARITY NUMBER** 296133 **DATE OF REGISTRATION** 27th January 1987 **START OF FINANCIAL YEAR** 1st March 2022 **END OF FINANCIAL YEAR** 28th February 2023 **TRUSTEES AT 28TH FEBRUARY 2023** Andrew Bullock Neil Fraser Hewitt Charles Arkell **LEGAL STATUS** Unincorporated Charity **GOVERNING INSTRUMENT** Trust Deed Dated 26th January 1987 

## **OBJECTS** 

To such exclusively Charitable bodies and institutions or for such exclusively Charitable objects as the Trustees in the obsolute discretion from time to time select. 

**CORRESPONDENCE ADDRESS** Kendall & Davies Station Road Bourton-On-The-Water Cheltenham GL54 2AA **PRIMARY BANKERS** Chelsea Building Society Yorkshire House Yorkshire Drive Bradford BD5 8LJ **INVESTMENT MANAGERS** J.M Finn & Co Ltd 25 Copthall Avenue London EC2R 7AH Brewin Dolphin Limited 12 Smithfield Street London EC1A 9BD **INDEPENDENT EXAMINERS** Castle View Accounting Ltd New Barn Mudberry Lane Bosham Chichester West Sussex PO18 8TS 

3 



HENRY ROBERT BULL CHARITABLE TRUST
TrUSTEEY ANNUAL IIEPORT
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## **HENRY ROBERT BULL CHARITABLE TRUST** 

## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 28TH FEBRUARY 2023** 

|**Notes**<br>**INCOMING RESOURCES**<br>**Incoming Resources from Generated Funds**<br>Activities for Generating Funds<br>**3a**<br>Investment Income<br>**3b**<br>Other Incoming Resources<br>**3c**<br>**TOTAL INCOMING RESOURCES**<br>**RESOURCES EXPENDED**<br>**Costs of Generating Funds**<br>Cost of Charitable Activities<br>**4a**<br>Governance Costs<br>**4b**<br>**TOTAL RESOURCES EXPENDED**<br>**NET INCOMING (OUTGOING) RESOURCES**<br>Funds Brought Forward<br>Fixed Asset Investments<br>**17**<br>Land & Buildings<br>**18**<br>Gains/(Losses on Investments<br>**6 & 17**<br>**TOTAL FUNDS CARRIED FORWARD**|Unrestricted<br>Restricted<br>Endowment<br>**TOTAL**<br>**TOTAL**<br>Funds<br>Funds<br>Funds<br>**2022/23**<br>**2021/22**<br>£<br>£<br>£<br>£<br>£<br>28,900<br>-<br>-<br>28,900<br>28,900<br>39,553<br>-<br>-<br>39,553<br>30,449<br>935<br>-<br>-<br>935<br>878<br>**69,388**<br>**-**<br>**-**<br>**69,388**<br>**60,227**<br>11,245<br>-<br>-<br>11,245<br>55,812<br>5,928<br>-<br>-<br>5,928<br>5,700<br>**17,173**<br>**-**<br>**-**<br>**17,173**<br>**61,512**<br>**52,215**<br>**-**<br>**-**<br>**52,215**<br>**(1,285)**<br>165,774<br>-<br>182<br>165,956<br>167,241<br>1,755,004<br>-<br>-<br>1,755,004<br>-<br>619,012<br>-<br>-<br>619,012<br>(93,859)<br>-<br>-<br>(93,859)<br>-<br>**2,498,146**<br>**-**<br>**182**<br>**2,498,328**<br>**165,956**|
|---|---|



Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing. 

The notes on pages 7 to 14 form part of these financial statements. 

5 



HENRY ROBEKf BULL CHARITABLE TRUST
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## **HENRY ROBERT BULL CHARITABLE TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **FOR THE YEAR ENDED 28TH FEBRUARY 2023** 

## **1. ACCOUNTING POLICIES** 

## **Basis of Preparation & Assessment of Going Concern** 

## **Basis of Preparation** 

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2015) (Second Edition, effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Charities Act 2011. 

The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes. 

## **Assessment of Going Concern** 

Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern. 

## **Incoming Resources** 

## _**Recognition of Incoming Resources**_ 

These are included in the Statement of Financial Activities (SOFA) when: 

▪ the charity becomes entitled to the resources; 

▪ the trustees are virtually certain they will receive the resources; and 

▪ the monetary value can be measured with sufficient reliability 

## _**Incoming Resources with Related Expenditure**_ 

Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA. 

## _**Grants and Donations**_ 

Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources. 

## _**Tax Reclaims on Donations and Gifts**_ 

Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate. 

## _**Contractual Income and Performance Related Grants**_ 

This is only included in the SOFA once the related goods or services has been delivered. 

## _**Gifts in Kind**_ 

Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the 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. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable. 

## _**Donated Services and Facilities**_ 

These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received. 

## _**Volunteer Help**_ 

The value of any voluntary help received is not included in the accounts. 

## _**Investment Income**_ 

This is included in the accounts when receivable. 

## _**Investment Gains and Losses**_ 

This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. 

7 



## **HENRY ROBERT BULL CHARITABLE TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 28TH FEBRUARY 2023** 

## **1. ACCOUNTING POLICIES (continued)** 

## **Expenditure and Liabilities** 

## _**Liability Recognition**_ 

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. 

## _**Governance Costs**_ 

Include costs of the preparation and examination of statutory accounts, the costs of the trustees meetings and cost of any legal advice to trustees on governance or constitutional matters. 

## _**Grants with Performance Conditions**_ 

Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output. 

## _**Grants Payable without Performance Conditions**_ 

These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity. 

## _**Investments**_ 

Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value. 

## _**Unrestricted funds**_ 

These funds can be used for the general objectives of the charity as set out in the trustees report. The movements of the unrestricted funds are given in the Statement of Financial Activities. 

## _**Restricted funds**_ 

These funds are where the donor has specified a purpose for the donation made. These restrictions often arise as a result of appeals for special offerings for specific purposes. 

## _**Designated funds**_ 

These funds are funds set aside by the trustees out of unrestricted general funds for particular purposes or projects. 

## _**Fixed Assets**_ 

Fixed Assets are capitalised if they can be used for more than one year and cost at least £1,500. They are valued at cost or, if gifted, at the value to the charity on receipt. 

## _**Land and Buildings**_ 

Freehold Land and Buildings have been valued and included in the accounts at cost value as per the conveyance dated the 28th July 2000 and the 17th July 2008. 

## _**Amortisation**_ 

No amortisation is charged to freehold property as the Land and Buildings are maintained to such a standard it is considered the residual value will not be less than cost. 

## _**Depreciation Expense**_ 

Depreciation is calculated at a rate to write off the cost of tangible fixed assets over their estimated useful lives. The rates applied are as follows: 

Equipment Cost 25% - Reducing Balance 

## _**Changes in Accounting Policies and Methods of Accounting**_ 

There has been a change to the accounting policies (variation rules and methods of accounting) since last year. The accounts for the previous financial period were prepared on a Receipts & Payments Basis and the accounts for the year ended 28th February 2023 have been prepared under the Accruals Basis including the cost value of Fixed Assets Investment and Tangible Fixed Assets held by the Charity presenting a true and fair view of the Charity financial position as at 28th February 2023. 

8 



## **HENRY ROBERT BULL CHARITABLE TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 28TH FEBRUARY 2023** 

## **2. TANGIBLE FIXED ASSETS** 

|Cost<br>01-Mar-22<br>Additions<br>Revaluation<br>Net Book Value at<br>28-Feb-23<br>Depreciation<br>01-Mar-22<br>Charge<br>Depreciation at<br>28-Feb-23<br>Net Book Value<br>28-Feb-23<br>Net Book Value<br>28-Feb-22|Bould<br>Land at Nether<br>Equipment<br>**Total**<br>Farm<br>Westcote<br>Cost<br>**2022/23**<br>£<br>£<br>£<br>£<br>-<br>-<br>-<br>-<br>537,012<br>82,000<br>-<br>619,012<br>-<br>-<br>-<br>-<br>537,012<br>82,000<br>-<br>619,012<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>**537,012**<br>**82,000**<br>**-**<br>**619,012**<br>**-**<br>**-**<br>**-**<br>**-**|
|---|---|



The annual commitments under non-cancelling operating leases and capital commitments are as follows: 28th February 2023: None 28th February 2022: None 

## **Specified Trust Property** 

## **Bould Farm** 

The Freehold Land and Building at Bould Farm, Bould, Chipping Norton, OX7 6RT, being comprised in a conveyance of the land registered under Title Number ON277934 are held in Trust for the Henry Robert Bull Charitable Trust (Registered Charity Number 296133) in the convenance dated 17th July 2008. 

The Trustees of Henry Robert Bull Charitable Trust (Registered Charity Number 296133) have agreed to include the Land & Buildings at cost value as per the conveyance dated the 17th July 2008. 

## **Land at Nether, Westcote** 

The Freehold Land shown edged with red on the plan of the Title filed at the Registry and being Land at Nether Westcote, being comprised in a conveyance of the land registered under Title Number GR20184 are held in Trust for the Henry Robert Bull Charitable Trust (Registered Charity Number 296133) in the convenance dated 28th July 2000. 

The Trustees of Henry Robert Bull Charitable Trust (Registered Charity Number 296133) have agreed to include the Land & Buildings at cost value as per the conveyance dated the 28th July 2000. 

|Freehold Land at Nether, Westcote<br>The Freehold Land and Buildings at Bould Farm, Bould, Chipping Norton, OX7 6RT|**28-Jul-00**<br>**£**<br>82,000<br>**82,000**<br>**17-Jul-08**<br>**£**<br>537,012<br>**537,012**|
|---|---|



9 



## **HENRY ROBERT BULL CHARITABLE TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 28TH FEBRUARY 2023** 

## **3. INCOMING RESOURCES** 

|**a)  Activities for Generating Funds**<br>Rental Income<br>**b) Investment Income**<br>Bank Interest<br>Investment Income<br>**c)  Other Incoming Resources**<br>Water Rates & Supply<br>Wayleave<br>**4. RESOURCES EXPENDED**<br>**a) Cost of Charitable Activities**<br>Charitable Grants<br>Insurance Costs<br>Property Management Charges<br>Repairs & Maintenance<br>Water Treatment & Testing Costs<br>**b) Governance Costs**<br>Independent Examiners Fees<br>**9**<br>Accountancy Fees<br>Legal & Professional Fees|Unrestricted<br>Restricted<br>**TOTAL**<br>**TOTAL**<br>Funds<br>Funds<br>**2022/23**<br>**2021/22**<br>£<br>£<br>£<br>£<br>28,900<br>-<br>28,900<br>28,900<br>**28,900**<br>**-**<br>**28,900**<br>**28,900**<br>1,957<br>-<br>1,957<br>229<br>37,596<br>-<br>37,596<br>30,220<br>**39,553**<br>**-**<br>**39,553**<br>**30,449**<br>872<br>-<br>872<br>813<br>63<br>-<br>63<br>65<br>**935**<br>**-**<br>**935**<br>**878**<br>Unrestricted<br>Restricted<br>**TOTAL**<br>**TOTAL**<br>Funds<br>Funds<br>**2022/23**<br>**2021/22**<br>£<br>£<br>£<br>£<br>-<br>-<br>-<br>41,250<br>1,376<br>-<br>1,376<br>1,258<br>2,301<br>-<br>2,301<br>2,363<br>6,949<br>-<br>6,949<br>9,261<br>619<br>-<br>619<br>1,680<br>**11,245**<br>**-**<br>**11,245**<br>**55,812**<br>900<br>-<br>900<br>-<br>900<br>-<br>900<br>900<br>4,128<br>-<br>4,128<br>4,800<br>**5,928**<br>**-**<br>**5,928**<br>**5,700**|
|---|---|



10 



## **HENRY ROBERT BULL CHARITABLE TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 28TH FEBRUARY 2023** 

## **5. RESTRICTED FUNDS** 

## **CURRENT FINANCIAL YEAR** 

|Endowment Fund<br>**PREVIOUS FINANCIAL YEAR**<br>Endowment Fund|**Balance**<br>**Balance**<br>**01-Mar-22**<br>Income<br>Expenditure<br>Transfers<br>**28-Feb-23**<br>£<br>£<br>£<br>£<br>£<br>182<br>-<br>-<br>-<br>182<br>**182**<br>**-**<br>**-**<br>**-**<br>**182**<br>**Balance**<br>**Balance**<br>**01-Mar-21**<br>Income<br>Expenditure<br>Transfers<br>**28-Feb-22**<br>£<br>£<br>£<br>£<br>£<br>182<br>-<br>-<br>-<br>182<br>**182**<br>**-**<br>**-**<br>**-**<br>**182**|
|---|---|



Restricted funds are wholly represented by the Charity's cash reserves and are to be expended as specified above. 

11 



## **HENRY ROBERT BULL CHARITABLE TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 28TH FEBRUARY 2023** 

## **6. INVESTMENTS** 

|JM Finn Investment Portfolio<br>Brewin Dolphin Portfolio<br>Sanlam Investment Portfolio<br>Cost Value<br>01-Mar-22<br>Additions<br>Disposals<br>Profit/(Loss) on Investments<br>Market Value<br>28-Feb-23|J.M Finn & Co<br>Investment<br>Portfolio<br>£<br>767,682<br>-<br>-<br>(58,179)<br>**709,503**|**Balance**<br>Transfer<br>Profit/(Loss)<br>Additions/<br>**Balance**<br>**01-Mar-22**<br>of Funds<br>On Investment<br>(Disposals)<br>**28-Feb-23**<br>£<br>£<br>£<br>£<br>767,682<br>-<br>(58,179)<br>-<br>709,503<br>987,322<br>-<br>(35,680)<br>-<br>951,642<br>13,347<br>-<br>-<br>(13,347)<br>-<br>**1,768,351**<br>**-**<br>**(93,859)**<br>**(13,347)**<br>**1,661,145**<br>Brewin Dolphin<br>Sanlam<br>Investment<br>Investment<br>Unrestricted<br>Restricted<br>**Total**<br>Portfolio<br>Portfolio<br>Fund<br>Fund<br>**28-Feb-23**<br>£<br>£<br>£<br>£<br>**£**<br>987,322<br>13,347<br>1,768,351<br>-<br>1,768,351<br>-<br>-<br>-<br>-<br>-<br>-<br>(13,347)<br>(13,347)<br>-<br>(13,347)<br> <br>(35,680)<br>-<br>(93,859)<br>-<br>(93,859)<br>**951,642**<br>**-**<br>**1,661,145**<br>**-**<br>**1,661,145**|
|---|---|---|



## **J.M Finn & Co Investment Portfolio** 

The Charity holds investments with J.M Finn & Co Ltd and the original indexed book investment as at the 1st March 2022 was £767,682.. The investment was provided to the Charity as an Unrestricted Endowment and Total Return Investment. The capital and the income and realised gains derived from the Endowment can be used by the Charity for general charitable purposes. The market value of the investment funds held stood at £709,502.91 as at 28th February 2023. 

## **Brewin Dolphin Investment Portfolio** 

The Charity holds investments with Brewin Dolphin Ltd and the original indexed book investment as at the 1st March 2022 was £987,322. The investment was provided to the Charity as an Unrestricted Endowment and Total Return Investment. The capital and the income and realised gains derived from the Endowment can be used by the Charity for general charitable purposes. The market value of the investment funds held stood at £951,642.41 as at 28th February 2023. 

12 



## **HENRY ROBERT BULL CHARITABLE TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 28TH FEBRUARY 2023** 

## **7. CASH AT BANK AND IN HAND** 

|Cash at Bank & in Hand<br>**8. DEBTORS AND PREPAYMENTS**<br>Sundry Debtors|Unrestricted<br>Restricted<br>**Total**<br>**Total**<br>Fund<br>Fund<br>**28-Feb-23**<br>**28-Feb-22**<br>£<br>£<br>**£**<br>**£**<br>218,889<br>182<br>219,071<br>165,956<br>**218,889**<br>**182**<br>**219,071**<br>**165,956**<br>Unrestricted<br>Restricted<br>**Total**<br>**Total**<br>Fund<br>Fund<br>**28-Feb-23**<br>**28-Feb-22**<br>£<br>£<br>**£**<br>**£**<br>-<br>-<br>-<br>-<br>**-**<br>**-**<br>**-**<br>**-**|
|---|---|



## **9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** 

|Independent Examiners Fees|Unrestricted<br>Restricted<br>**Total**<br>**Total**<br>Fund<br>Fund<br>**28-Feb-23**<br>**28-Feb-22**<br>£<br>£<br>**£**<br>**£**<br>900<br>-<br>900<br>-<br>**900**<br>**-**<br>**900**<br>**-**|
|---|---|



## **10. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR** 

The Charity held no long term liabilities during this or the previous financial year. 

## **11. ANALYSIS OF NET ASSETS BETWEEN FUNDS** 

|Fixed Assets<br>Net Current Assets<br>Long Term Liabilities<br>**TOTAL FUNDS**|Unrestricted<br>Restricted<br>**Total**<br>**Total**<br>Fund<br>Fund<br>**28-Feb-23**<br>**28-Feb-22**<br>£<br>£<br>£<br>£<br>2,280,157<br>-<br>2,280,157<br>-<br>217,989<br>182<br>218,171<br>165,956<br>-<br>-<br>-<br>-<br>**2,498,146**<br>**182**<br>**2,498,328**<br>**165,956**|
|---|---|



13 



## **HENRY ROBERT BULL CHARITABLE TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 28TH FEBRUARY 2023** 

## **12. STAFF COSTS AND NUMBERS** 

The Charity employed no members of staff during this or the previous financial year. 

## **13. PAYMENTS TO TRUSTEES AND OTHER RELATED PARTIES** 

No payments were made to the Trustees or any persons connected with them during this financial year. No material transaction took place between the organisation and a Trustee or any person connected with them (2021/22:None). 

## **14. RISK ASSESSMENT** 

The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks. 

## **15. RESERVES POLICY** 

The Trustees have considered the level of reserves they wish to retain, appropriate to the Charity's needs. This is based on the Charity's size and the level of financial commitments held. The Trustees aim to ensure the Charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees will endeavour not to set aside funds unnecessarily. 

## **16. PUBLIC BENEFIT** 

The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the Charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the Charity should undertake 

## **17. INTRODUCTION OF FIXED ASSET INVESTMENTS** 

The Charity holds investments with J.M Finn & Co Ltd and the original indexed book investment as at the 1st March 2022 was £767,682. The investments was provided to the Charity as an Unrestricted Endowment and Total Return Investment. The capital and the income and realised gains derived from the Endowment can be used by the Charity for general charitable purposes. The market value of the investment funds held stood at £709,502.91 as at 28th February 2023. 

The Charity holds investments with Brewin Dolphin Ltd and the original indexed book investment as at the 1st March 2022 was £987,322. The investment was provided to the Charity as an Unrestricted Endowment and Total Return Investment. The capital and the income and realised gains derived from the Endowment can be used by the Charity for general charitable purposes. The market value of the investment funds held stood at £951,642.41 as at 28th February 2023. 

The Fixed Asset Investments have been introduced in to the accounts to reflect a true and fair view of the Charity's financial position as at 28th February 2023. 

## **18. INTRODUCTION OF LAND AND BUILDINGS** 

The Trustees of the Robert Bull Charitable Trust hold in Trust the specified property and the Land and Buildings have been introduced in to the account to reflect a true and fair view of the Charity's financial position as at 28th February 2023. 

The Freehold Land and Building at Bould Farm, Bould, Chipping Norton, OX7 6RT, being comprised in a conveyance of the land registered under Title Number ON277934 are held in Trust for the Henry Robert Bull Charitable Trust (Registered Charity Number 296133) in the convenance dated 17th July 2008. 

The Freehold land shown edged with red on the plan of the Title filed at the Registry and being Land at Nether Westcote, being comprised in a conveyance of the land registered under Title Number GR20184 are held in Trust for the Henry Robert Bull Charitable Trust (Registered Charity Number 296133) in the convenance dated 28th July 2000. 

14 



HENRY ROBERT BULL CHARITABLE TRUST
(Charitable IncorwKated Organisatwl
INOEPENDENT EXAMINER'S REPORT ON THE AGGOUNTS
Report to the tru*eesl rremtrm of tl* Henry Rot%rt B[￿ Charrtable Tn•t on the ￿nIS for the year eThded 28th February
2023 (Mtl yii Ili¥ w￿￿11[lY wyub.
R•8F)•ctfv• r••poniibllitiM oltrurt86* and ex•min•r
The charitys trustees are resF*)n*'tAe for the preparaticm of the acctyJnt& The charrty's trust￿ t￿Sider that an audit ij not
required this year uThJor s•ction 144 of th• charit￿ Acl X111 Ilh• Ch¥rit* Act) ¥t)d th* ail inLI•pondgnt oxgmingtion is
n98(*ed.
It i& ffly rosp0n￿bi1ty to".
examina thtr accwnt5 uTrJ8r sec1￿ 145 01 ts Charl1￿ ACL
follow Ihe procedures ¢JM in the gtrnèrnl ￿'re¢t￿ by the Charity COMMI￿G￿ (under s8Ction
14515llbl of the charit￿ Acl. and
State whether part￿u￿r matt•rs ha¥• cern to my atlorti
8••h of Ind•p•nd•nt •x•mln•r'• •tsi•m•nt
My examination was caffied (Art in ateordan¢¢ with ger￿ra1 Direct#￿ given by the Charity Commisslon. An examination
includ8s a rgviw of the xcounting f8cor¢Js kept by charrty a ccffjparison ol the a¢counls presented with those recorcls.
11 alw inGlvrJeè bu1￿1￿￿1￿1￿1 vf ￿lY uiiu¥udl iltsiii¥ ur ¢j1￿my1¥y iii ilw ¥iKJ ￿MIllY emyloiwiK￿￿ frvm ih¥ irusie¥B
eoneerning any matter& The prO￿lUreS und8rtaken do wtsvbJe all evidence that would be required in an audit.
and e¢)fis•quently ro opinion 1$ given as to whelhef the accounts #'truè and fair. view the roF*Yt 1$ limitgd to tho
rnatter8 set out in the ststement telN.
Ind•p•nd•nt •x•mln•r'• •t•t•ffl•nt
In rnnnftrtinn with my p.xamin*tir)n. M mAll*r th rny AIl•Dlir￿.
l. which gives mo re8sona￿e to bel￿1• th•¢ in any rnater￿ r8SFrt thg wuir¢mwts'.
to keep acwJntiNJ records in acC(*da￿ with 8g¢ticffi of the Chorities Act., and
to prgpofg a¢¢oiint$ arxord wrfh the arl￿nting records and COrnFty ￿th the 8crAyJntlng requlr8rnentB
olthe Chanllfrs Act
have not been mei,. or
to whiGh. in my ryxnTh, att•nticfj shrthj ￿ th•*n to enat4• • kyowr understsThJing ofthe attwnts to be rea¢heil.
Collaku MAAT
Castle V*w kn￿nti￿J Lt¢J
New Barn
Mudberry Lane
Bosham
Chichester
West Suwx
P018 8TS
Date..
2nd DecemL*r 2023
18