## **High Temperature Mechanical Testing Committee**
## **A registered Charity**
## **TRUSTEES REPORT**
## **AND**
## **FINANCIAL STATEMENTS**
**31 December 2023**
**Charity Number 800892**
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## **HIGH TEMPERATURE MECHANICAL TESTING COMMITTEE**
## **Trustees and Officers**
## **TRUSTEES**
Dr. Hellmuth Klingelhoffer (Chairman ) Dr. Peter Barnard (Deputy Chairman) Dr. Jonathan Paul Jones
## CHARITY REGISTRATION NUMBER
800892
PRINCIPAL ADDRESS
10 Abbey Gardens Chertsey Surrey KT16 8RG
PRINCIPAL BANKERS
Barclays Bank Leicester LE87 2BB
## INDEPENDENT EXAMINER
A M Briggs FMAAT 28 Wheatash Road Addlestone Surrey KT15 2ER
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## **HIGH TEMPERATURE MECHANICAL TESTING COMMITTEE**
## **TRUSTEES REPORT**
## **Year ended 31 December 2023**
The trustees present their report along with the financial statements of the charity for the year ended 31 December 2023. The financial statements have been prepared in accordance with the accounting policies set out on pages 8 and 9 and comply with the charity’s trust deed and applicable law.
## CONSTITUTION AND OBJECTS
The charity was established under a Trust Deed dated 24 July 1987 (amended 19 May 1988) to promote, improve and advance education for the public benefit in the sphere of high temperature mechanical testing.
## ORGANISATION
Under the terms of the Trust Deed, trustees are nominated by representative bodies & nominated as technical experts. The trustees meet regularly, usually twice a year, either in person or on line, and are in regular contact electronically between meetings to deal with matters as they arise.
## REVIEW OF THE YEAR
During the year the fund continued to provide a forum for discussion, organising conferences and laboratory visits, publishing conference proceedings and codes of practice and initiating research activities..
The deficit for the year was £ 1,224 (2022: surplus of £ 3663).
The accumulated fund carried forward is £ 66,518 ( 2022 £ 67,742) which puts the charity in a strong position to carry out its objectives.
## RESERVES POLICY
The trustees consider it essential to carry forward reserves sufficient to meet the urgent needs of the charity.
## RISK MANAGEMENT
The trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.
During the year the following have served as trustees to the charity:
Dr. Hellmuth Klingelhoffer (Chairman ) Dr. Peter Barnard (Deputy Chairman) Dr. Jonathan Paul Jones
Signed on behalf of the Trustees
P Barnard Deputy Chairman 26 October 2024
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## **HIGH TEMPERATURE MECHANICAL TESTING COMMITTEE**
## **TRUSTEES’ RESPONSIBILITIES IN RELATION TO FINANCIAL STATEMENTS**
## **Year ended 31 December 2023**
Law applicable to Charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with Charities Act 2011, the Charity (Accounts and Reports) Regulation 2008 and applicable law. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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## **HIGH TEMPERATURE MECHANICAL TESTING COMMITTEE**
## **INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF HIGH TEMPERATURE MECHANICAL TESTING COMMITTEE**
## **Year ended 31 December 2023**
I report on the accounts of High Temperature Mechanical Testing Committee for the year ended 31 December 2023 which are set out on pages 6 to 10.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011. The charity's trustees consider that an audit is not required for this year under the charities Act 2011, s. 144(2) (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under s.145 of the 2011 Act;
- follow the procedures laid down in the general Directions given by the Charity Commission under s.145(5)(b) of the 2011 Act; and
- state whether particular matters have come to my attention.
## **Basis of independent examiners report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with s.130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act,
have not been met: or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
26 October 2024
Mrs. A. M. Briggs FMAAT 28 Wheatash Road Addlestone Surrey KT15 2ER
## **HIGH TEMPERATURE MECHANANICAL TESTING COMMITTEE**
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## **STATEMENT OF FINANCIAL ACTIVITIES**
## **Year ended 31 December 2023**
|2023
2022
Notes
£
£
£
**Incoming resources**
Voluntary income:
Membership Subscriptions
13,800
IOM3 Communication 0
Conference Sponsorship
26,028
Conference Registration
1,320
Interest received
108
Exchange rate gain
323
Vat refunds
1,356
_____
42,935
**Resources expended**
Charitable activities:
Software
514
221
Meeting costs
7,009
14,017
VAT payments
4,796
2,278
Subscriptions
17,497
0
Conference expenses
10,588
0
______
(40,404)
______
Governance
(3,755)
______
Net (outgoing)/incoming/resources for the year
(1,224)
Accumulated funds brought forward
67,742
________
________
Accumulated funds carried forward
£ 66,518
________
Allocated to
Unrestricted funds £ 66,518
________|
£
12,594
6,835
0
0
11
142
4,003
______
23,585
(16,516)
(3,406)
______
3,663
64,079
£ 67,742
_______
£ 67,742
_______|
|---|---|
No separate Statement of Total Recognised Gains and Losses has been presented as all such gains and losses have been dealt with in the statement of financial activities.
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## **HIGH TEMPERATURE MECHANICAL TESTING COMMITTEE**
## **BALANCE SHEET**
## **31 December 2023**
|||2023|2023|2022|2022||
|---|---|---|---|---|---|---|
||£||£|£||£|
|CURRENT ASSETS|||||||
|Cash at bank|66,518|||67,742|||
|CURRENT LIABILITIES|||||||
|Accruals|0|||0|||
||______|||______|||
|NET CURRENT ASSETS|||66,518|||67,742|
||||________|||________|
|NET ASSETS|||£ 66,518|||£67,742|
||||________|||________|
|Represented by:|||||||
|Accumulated Funds|||||||
|Unrestricted funds £ 66,518 £ 67,742|Unrestricted funds £ 66,518 £ 67,742|Unrestricted funds £ 66,518 £ 67,742|Unrestricted funds £ 66,518 £ 67,742|Unrestricted funds £ 66,518 £ 67,742|Unrestricted funds £ 66,518 £ 67,742|Unrestricted funds £ 66,518 £ 67,742|
||||________|||________|
Approved by the Trustees on …26 October 2024………………. and signed on their behalf by
…………………………………………
P Barnard Trustee
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## **HIGH TEMPERATURE MECHANICAL TESTING COMMITTEE**
## **ACCOUNTING POLICIES**
## **Year ended 31 December 2023**
## **1 BASIS OF ACCOUNTING**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and with the Charities Act 2011.
The Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required. No restatements were required.
The accounts have been prepared on a going concern basis. The charity has sufficient cash and net assets to continue and the trustees believe there to be no material uncertainties about the Charity’s ability to continue as a going concern.
## **2 ACCUMULATED FUNDS**
There are no specific restrictions on the charity’s funds apart from the furtherance of the charity’s aims.
## **3 INCOME**
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy.
## **4 RESOURCES EXPENDED**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably
Expenditure on charitable activities includes irrecoverable VAT and the costs of the delivery of its activities and services for its beneficiaries.
All support costs are allocated to the one charitable activity of the charity
## **5 TAXATION**
Under the provisions of the Income and Corporation Taxes Act 1988, the Fund is not subject to taxation, on the grounds that it is a registered charity.
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## **HIGH TEMPERATURE MECHANICAL TESTING COMMITTEE**
## **ACCOUNTING POLICIES continued**
## **Year ended 31 December 2023**
## **6 CASH AT BANK AND IN HAND**
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **7 CREDITORS AND PROVISIONS**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **8 FINANCIAL INSTRUMENTS**
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
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## **HIGH TEMPERATURE MECHANICAL TESTING COMMITTEE**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **Year ended 31 December 2023**
## **1. TRUSTEES AND EMPLOYEES REMUNERATION**
No remuneration was paid to any trustee during the year. There were no employees during the year.
## **2. TAXATION**
No liability arises, as the Fund is exempt from taxation under the Income and Corporation Taxes Act 1988, on the grounds that it is a registered charity.
## **5. LEGAL STATUS OF THE CHARITY**
The charity was established in 1987 by trust deed dated 24 July 1987. Amendments to the deed were made in 1988.
## **6. FEES FOR EXAMINATION OF ACCOUNTS**
Independent examiner's fee £ 0 £ 0
____ ____
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