| ONTENTS | ||
|---|---|---|
| Pacaes | ||
| Trustees and Advisers | ||
| Report ofthe Trustees | 4-6 | |
| Independent Auditors' |
Report | 7-9 |
| Statement of Financial | Activities | 10 |
| Balance Sheet | ||
| Notes to the Financial | Statements | 12 - 16 |
THE JOHN BECKWITH CHARITABLE TRUST Independ8nt audltorn, report to the Tntee9 of The John Betkwith Charllable Tnmt {conVd) We evaluated management's incentives and opportunities for fraudulent manipulatKJn of the financial sLments, including the tisk of overtide of cLvitrols. Audrt procedures rfornd by the engagenI te8m included.. Discussv)ns with manageffnt including nSideratn of knM or $u$pthJ InStsn of noncompliance with laws and r4ulation and fraud.. Revowing the ntrOlS and prccedures ofthe charity. paitularty in fdat)n lo grant payments, lo ensure these were in pe thrwtrwJJt year. Iluding during the Covid-19 rerrk)te working penc#J'. Evuating management's controls deSn& to prevent and det irregularities". and Revi1ng and testing irnal ertries made Ki the yew. paiticulaty as part of the Yeand financial report¢ng prcs. Because of the inherent limitations of an aLvJiL ltyre B 8 risk that V•P will not deteL all iryulaiities, including those leading lo a material misstateffnt in the financial statements or non-complkgnce with regulation. This risk incSe$ the mre that ccrfnpliance wrth a Lv or regulation ts remove(I from the events and tranSaS rellectsj in the financial sLem8nls, as V•E wll be IiTrety lo bme alvare of inslarw of nonts)mpliance. The risk also greater warding irregularib"e5 cccurrirKJ due to tra1 rather than error, as fraud invofves intentional concealmenL forgery. lIUS. omisSn or mi5repre¥entation. A fvrther description of our responsibilit is available on the Financial Reportiry Council's websrte at.. https".11y.frc.0rg.uk1oUr-orkIAdivAudit-ar4sSurancelStandaTdSnd-gUldan¢eandard$- andguidanc&for-audtt¢)rslAUditors-responsibilits-for-aud'PtM>ftrf-auditor$-respQnsibIIrtjes- foraudit.aspx. Thi8 description forms part of ¢)ur audltorfs repjt. Use of our r•port This report is made solopy to the Charity's Trustee5, as a body, in accOrdareW1lh Part 4 of the Charit {Financial statements and Reports) Regulattons 2CQ8. Our audit work has been undertaken so that we Mh1 sLe lo the Chanty's Trustees those matter5 we are rUired to sle to them in an auditors, report and for no other purpose. To the fijllest exterf permrtted by knv. vft do ncrt cept or assume responsibility to anyone other than the Chanty and Charty Trustees as a bc, for our audit wolk, for this rewt. or for the opinions we have formed. Paul Howl8y & Co Ltd Chartered Certified Ac¢ouDtants Statutory AudltorJ 42 Prtt Street Bamsley South Yorkshire S70 1BB Date.. Decembw 2023 Paul HeY & Co Ltd i¥ eligible for appoirtherrt as audrtor of th8 charity by virtue of its elwibility for appointment as auditor of a company under $tKIn 1212 of the Companbes h£t 2.
| Statement ofFinancial | Activities for | the year ended 5April 2023 | ||
|---|---|---|---|---|
| Notes | Yearended | Yearended | ||
| 5April 2023 | 5April 2022 | |||
| Unrestricted | Unrestricted | |||
| Funds | Funds | |||
| Income and Expenditure | ||||
| Income and Endowments | from | |||
| Donations &legacies |
||||
| Donation from settlor |
160,000 | |||
| Tax recoverable under Gift Aid |
40,000 | |||
| Investment income |
||||
| Deposit interest REITdistribution Dividends -Argentex Other income |
2,011 38,000 1,916 |
54 38,000 4,216 |
||
| Total Income | 241 927 | 42,270 | ||
| Expenditure on: |
||||
| Charitable activities - donations Charitable activities - support costs |
(80,466) | (354,278) | ||
| Salary costs Bank charges Audit fee Other costs Total Expenditure |
(35,000) (30) (1,830) 11,924 129250 |
(35,000) (59) (1,830) 32314 423,481 |
||
| Net Incoming Resources | for the Year | 112677 | 381211 | |
| Other Recognised Gains | and Losses | |||
| Gain/(Loss) on sale ofinvestments |
||||
| Change in market value ofinvestments during the year Foreign exchange gain on investments during the year Foreign exchange gain on cash during the year |
(225,721) 10,378 6077 |
143,075 10,477 9943 |
||
| 209266 | 163,495 | |||
| Net movement in funds |
(96,589) | (217,716) | ||
| Unrestricted funds brought |
forward at 6 | April 2022 | 1,313,451 | 1,531,167 |
| Unrestricted funds carried forward at |
5 April 2023 | 1 216862 | 1,313451 |
| Balance Sheet as | at 5April 2023 | ||
|---|---|---|---|
| Notes | |||
| 5April 2023 | 5April 2022 | ||
| FIXEDASSETS | |||
| Investments | 1 075 003 | 1 290 346 | |
| CURRENT ASSETS | |||
| Cash | 163,923 | 159,315 | |
| Debtors | 7,600 | ||
| 171,523 | 159,315 | ||
| CURRENT LIABILITIES | |||
| Creditors (amounts | due within one year) | (20,943) | (119,103) |
| NET CURRENT ASSETS | 150,580 | 40,212 | |
| TOTAL ASSETSLESSCURRENT LIABILITIES | 1,225,583 | 1,330,558 | |
| Creditors (amounts | due aRer one year) | (8,721) | (17,107) |
| NET ASSETS | 1,216,862 | 1,313,451 | |
| Represented by: |
|||
| Unrestricted funds |
1,216,862 | 1,313,451 | |
| 1,216,862 | 1313,451 |
| 5April 2023 | 5April | 2022 | |||
|---|---|---|---|---|---|
| Investments listed on recognised |
stock exchange: | R | |||
| Valuation | at 5 April 2022 / 5 April | 2021 | 1,290,346 | 1,136,794 | |
| Additions | |||||
| Disposals | |||||
| Exchange | rate variances | 10,378 | 10,477 | ||
| Revaluation for the year |
(225,721) | 143,075 | |||
| Valuation | at 5 April 2023/ 5April | 2022 | 1,075,003 | 1 290346 | |
| 5April | 2023 | ||||
| Percentage | |||||
| ofportfolio | |||||
| Investments held at 5April 2023 |
comprised: | ||||
| Pacific Industrial 8 logistics |
661,000 | 61.5% | |||
| Pacific G10Macro Rate Z acc | 222,375 | 20.7% | |||
| Argentex | Group Pic | 191,628 | 17.8% | ||
| 1,075,003 | 1P0% | ||||
| 5April | 2022 | ||||
| Percentage | |||||
| ofportfolio | |||||
| Investments held at 5 April 2022 |
comprised: | ||||
| Pacific Industrial &logistics |
980,000 | 759% | |||
| Pacific G10 Macro Rate Zacc | 194,757 | 15.1% | |||
| Argentex | Group Pic | 115,589 | S.P | ||
| 1,290346 | 1PP% |
| Donations are further summarised | Donations are further summarised | Donations are further summarised | as follows: | ||
|---|---|---|---|---|---|
| Year ended | Yearended | ||||
| 5April 2023 | 5April 2022 | ||||
| ABF Soldiers Charity | 1,000 | ||||
| Able Child Africa | 2,000 | ||||
| Age UK | 2,000 | 2,000 | |||
| Alzheimer's Research |
UK | 2,000 | |||
| Ambulance Staff Charity |
2,000 | ||||
| Bamardo's | 2,000 | 2,000 | |||
| Blood Cancer UK | 2,000 | ||||
| Bowel Cancer | 2,000 | ||||
| British Red Cross | 2,000 | ||||
| Care for Veterans | 2,000 | ||||
| Cavell Nurses Trust | 2,000 | 2,000 | |||
| CFAB | 2,000 | 2,500 | |||
| Clowns in the Sky |
2,000 | ||||
| Concern Worldwide | 1,000 | ||||
| Crimestoppers | 2,000 | ||||
| Crises | 2,500 | 2,000 | |||
| Cueds peech | 1,000 | ||||
| Dementia UK |
2,000 | 2,000 | |||
| Ezer | 1,000 | ||||
| Firefighters Charity |
1,000 | ||||
| GOSH | 5,000 | ||||
| Hampshire Medical Fund |
2,000 | 5,000 | |||
| Harrow Development | 40,378 | ||||
| Hearing Dogs for Deaf |
People | 1,000 | 1,000 | ||
| HELP Appeal | 1,000 | ||||
| Hope for Tomorrow | 2,000 | ||||
| Hot Meal Services | 1,000 | ||||
| Hotline Meals | 1,000 | ||||
| Intergeneration Making |
Music | 1,686 | 96,750 | ||
| isle ofWright Donkey | Sanctuary | 500 | |||
| Kids Space | 1,000 | ||||
| Lady Garden Foundation |
2,000 | ||||
| Lifeboats RNLI |
2,000 | 2,000 | |||
| London Air Ambulance | 1,000 | ||||
| Marie Curie Corporate | fundraising | 2,000 | |||
| Mbdecins sans Frontieres | UK | 2,500 | 5,000 | ||
| Moorfields | 2,500 | ||||
| Motor Neurone Disease | 2,500 | ||||
| Operation Smile UK |
2,000 | ||||
| Plan International | 1,000 | ||||
| Parkinson's Disease Society |
5,000 | 5,000 | |||
| Rainbow Trust | 2,000 | ||||
| React | 1,000 | ||||
| RNIB | 2,500 | ||||
| Royal Opera House | 105,000 | ||||
| RSBC | 2,000 | 1,000 | |||
| RSPCA | 1,000 | ||||
| Salvation Army Save the Children |
2,000 2,500 |
2,000 2,500 |
|||
| Scope Shining Faces in India |
1,000 2,000 |
||||
| Sightsavers | 2,000 | ||||
| Spinal Research | 1,000 | ||||
| SSAFA | 2,000 |