## The Stonefolds Trust
## Registered charity no. 504748
## Report of the Trustees
## For the year ended September 2022
## Index
|||Page|
|---|---|---|
|Legal|and Administration Information|2|
|Chairman’s Report||3|
|Accounts for year ending September 2022|||
|-|Balance sheet|A1|
|-|Statement of income and expenditure|A2|
## The Stonefolds Trust
## Registered charity no. 504748
# Legal and administration information
## For the year ended September 2022
The Stonefolds Trust is a registered charitable Trust governed by a Trust Deed dated 2[nd] June 1975
Charity Registration Number: 504748 Directors and Trustees: Mark Underhill Christina Rathika Proffitt Secretary: Mark Underhill Charity Contact Address: 28 Monkhams Avenue Woodford Green Essex IG8 0EY Bankers: National Westminster Bank Plc Chancery Lane and Holborn Branch PO Box 159 332 High Holborn London WC1V 7PS Independent Examiner: Roger Seaton FCA 23 Greenhill Park New Barnet EN5 4NP
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## The Stonefolds Trust
## Registered charity no. 504748
## Chairman’s Report
During 2021/22 the Trust has undergone some organisational changes following the retirement of David Shillitoe as Secretary. Christina Proffitt was appointed as a Trustee and we are actively exploring the appointment of a 3[rd] Trustee to provide better governance and accountability.
We have moved to online voting via electronic forms to speed up the resolution agreement process, and we intend to move to an online banking system to improve payment handling and financial reporting.
We continue to support evangelistic ministries throughout the UK with grants this year to Trinity Church Sunderland. We plan to expand the range of donations made in the future.
Two large donations from the Estate of N W Murray were received in September 2022. The Trustees will consider how this will be disbursed.
Risks are regularly assessed and checks made to ensure that charitable activities are supported in accordance with the purposes of the Trust.
Mark Underhill Chairman
3
## The Stonefolds Trust
||The Stonefolds Trust|The Stonefolds Trust|
|---|---|---|
||Balance Sheet as at 31 September 2022||
|2021||2022|
|£||£|
||Assets||
||Cash at Bank||
|1,975.50|Current Account|63,225.50|
|1,975.50|Net Assets|63,225.50|
||Represented by:-||
|1,975.50|General Fund|63,225.50|
|1,975.50||63,225.50|
A1
The Stonefolds Trust
## Income & Expenditure Account for the year ended 31 September 2022
|2021
£
Income
900.00
Donations (General)
Legacy (NW Murray estate)
0.00
Income Tax refunded
0.00
Bank Interest
900.00
Total Income
Expenditure
Grants
900.00
Trinity Church Sunderland
900.00
Total Grants
Administration
0.00
Trustees' Expenses
0.00
Miscellaneous Fees & expenses
0.00
Total Admin
900.00
Total Expenditure
0.00
Net Surplus/Deficit for the Year
1,975.50
Balance Brought Forward
1,975.50
Current Balance|2022
Notes
£
650.00
Via Stewardship
61,500.00
0.00
GiftAid claimed at source
0.00
62,150.00
900.00
900.00
0.00
0.00
0.00
900.00
61,250.00
1,975.50
63,225.50|
|---|---|
There are no gains or losses other than the surplus or deficit for the year.
A2
**Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
|**Report to the trustees/**
**members of**
**On accounts for the year**
**ended**
**Set out on pages**
**Responsibilities and**
**basis of report**|Charity Name
The Stonefolds Trust|Charity Name
The Stonefolds Trust|Charity Name
The Stonefolds Trust|
|---|---|---|---|
|||||
||September 2022|**Charity no**
**(if any)**|504748|
|||||
||ONE AND TWO
(remember to include the page numbers of additional sheets)|||
||I report to the trustees on my examination of the accounts of the above
charity (“the Trust”) for the year ended 30 September 2022
As the charity's 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 Trust’s accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, I
have followed all the applicable Directions given by the Charity Commission
under section 145(5)(b) of the Act.|||
- **Independent** I have completed my examination. I confirm that no material matters have
- **examiner's statement** come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
* _Please delete the words in the brackets if they do not apply._
## **Signed:** Alan Bri ht g
**Date:** 22 July 2023
**Name:** ALAN BRIGHT
**Relevant professional qualification(s) or body (if any): Address:** 22 Peridot Street Beckton
1
**IER**
LONDON E6 5LZ
## **Section B Disclosure**
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .
NONE
2
**IER**