e Emer50ll Foundation Acco￿￿15 for the Ye4r Ended S A ril 2021 The merson FouDd#tion Accounts for the Year Ended S A ri12021 Contents Al￿￿al Report Indep¢nikni Examin¢rs Report s￿e[nen[ of Financial Activities for the Year to 5 April ?021 Ststemeni of Finallciai Position 5 - 6 Notes to ihe Accounts The Emerson Foundati( the arto5 ril 2021 The trustees present their Rèport for thèyear end￿ 5 April 2021. Total intome for the year amounted to £55,882 comprising donations of £55,871 and interest of £11. During the year. £55.038 was donated to tharitable cause5. Expenditure exceÈded income by £136 resulting in a decrease in total funds to E14.572. Covid-19 had no impart on the charity's operations during the year. The Charity's principal object is to make grants and don31ions for the benefit of a wide range of tharitable purposes includin8 SOC131 and animal welfare. medical research & social care and art. drama. music & the performing art5. The Trustees ha¥e given due tonsideration to Charity Comrnission published guidan￿ on the operation of the public benefit requirement and public benefit is provided by the ¢harity in the nature of the grants and 11onations that are made. The trustees are satisfied with the overall perfomiance of the fvnd durirbg the year and with the payments made to charitable organisations. For the future the trustee5 intend to make similar payments to these types of org3nÉsations dependent on the level of donations received. There is no defined policy regardin8 resetves. however the trustees endeavour to utilise funds available in the most appropriate manner. Charitsble grants are issued at the discretion of thè trustees. The trustees durin8 the year were .' PE Jones OBE Ajones The trustees have discretionary power to appoint trustees. The charity was established by Trust Deed dated 23 February 1990 and is registered with the Charity Cornmission, No. 328555. The charity's address is Emerson House. Heyes Lane, Alderlev Edge, Cheshire. The tiustees wish to thank the Independent Examiner. Mr M Sykes, and the bankers. National Westminster Bank. Signed on behalf of the trustees- PE Jones OBE Dated.. I. 2021 Page I INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE EhlERSON FOUNDATION I report to the charity's Trustees on the accounts of rhe cownpany for the year wded 5 April 2021, which are set out on pages I to 6. This report is made solely to the charitys tnstee5, as a in accordance with Regulation 31 of the Charities IAccounts and Res)ortsl Regulations 2008. My work ha5 been undertaken $0 that I might State to the charity's trustees those matters l am required to state to them in an independent examinerfs report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charitys trustees as a boty, for my work. for this rew)rt. or for the statement I have made. Respon51bllltles and basls for report A5 the charity's trustees of the Company {and also its dlrectors for the Purposes of company lawl you are responsible for the preparation of the accwnts in accordance with the iequirements of the Companies Act 2￿61'the 2006 Act. l. Having satisfied myself that the accounts of the Company are not required to be auth.ted under Part 16 of the 2006 Act and are eligible for Indep￿dent examination. I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 1.the 2011 Act'l. In Car￿ng 4JJt my examination I have followed the Directions given by the Charity Commission under section 145151 Ibl of the 2011 Act. Independent examlner's statement I have completed my examination. I cl￿f1m1 that no matters have come to my attention in Cc￿ne￿70n with the examination giving me cause to bdieve: accounting records We￿ not kept in respect of the Company as required by Section 386 of the 2006 Act. or the accounts do not accord with those records" or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Art other than any requirement that the account5 give a 'true and fair view which is rbot a matter considered as part of an independent examination" or the accounts have not been prepared in accordance with the methThYs and principles of the Statement of Recommended Practice for accounting and rwrting by charities [applicable to charities preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and Rewblic of [￿land IFRS 1021]. I have no concerns and haye come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a prw understanding of the accounts to be reached. Mark Sykes Chartered Accountant, ICAEW Manchester, UK Date: 22 January 2022 Page 2 The EmerstM Foundation Statement of Flnancial A the charity in order to rnake donations and trEet anyc05ts that may be incurred in the course of operations. e ro this we consider that the chaniy is able to continue w 0￿rate as a going con￿rn and that It is appropriate to prepare the flnancial staten*nts c¥) a going concern baw. We confirni that no seriou5 incident repxts have been made to the Charity Commission duri￿ the perksd or sfnce the end of the period. We conlirm that the charity 15 registered ¥vith the Office of the Scoitish Charlty Regulator IOSCRI. All grants, donation5 and other ir(crfne. the receipt of which is subjeci to 5￿CIfiC terrns or conthtlons. have been rK)tified to yw. There have LEen ￿ breaches of terffts or Co[￿1t7(￿S during the Feriod in the appticatioTh of such irKome. We conflm that the ab)ve representations are made on the basis of enquiries of managernent and staff with releyani knowledge and exF*rience lat￿. where appropnaie. of inwtion of supporting documentationl sufficient to sat￿fy ourselves that we can proFerty make e¥h of the at￿ye representatlon5 to you. We confirm thai the tinarKsal stateTr￿ts are free of material misstaternents. incl￿￿1￿ OMIS￿On5. We ackrK)wledge our legal resp¥)nsibilities regarding disclosure of infom)ation to ￿ as independenl examiner and confirni that so far as we are aware, ihere Is relevant infomiation needed by you in connecty'on wrh preparing your independeni examiner's report of vA)ich wJu are unaware. Each trustee has iaken all the steps that they ought w have iaken as a tr(L%tee Tn order to Make theff&elves aware of any relevant Information and to esiabilsh that yw are aware of that inforn)ation. Yours faithfully (Signed on tehalf of the trA)ard of inJstee51 Dale..