REPORT OF THE TRUSTEES AIWID FINANCIAL STATEMENTS O THE SOPHIE JAIYE TYLER CHARtTABLE TRUST Registered Charity No. 802084 2024
THE SOPHIE JAIYE TYLER CHAIUTABLE TRUST LEGAL AND ADMINISTIL4TIVE DETAILS FOR THE YEAR EI¥4DED 5TH APRIL 2024 CHARITY NAME AND NUMBER The Sophie Jane Tyler Charitable TNst Rcgistcrcd charity number 802084 CORRESPONDENCE ADDRESS Tyler House 58-66 Morley Road Tonbridge K¢nt TN9 IRA TRUSTEES Mr8 R C Alexander Mr D P Alexander Ms P l Alexander PROFESSIONAL ADVISORS Naiwesl Bank plc 143 Hibyh Street Bromley Kent BRI IYZ INVESTMENT ADVISERS Killiks 2.3 Chiswick High Road London W4 2ND
THE SOPHIE JANE TYLER CHAIUTABLE TRUST INDEX Page Trustees Annual Rqx)rt Report of the Independent Examiner Siat¢ment of Financial Activilies Balan¢¢ Shcct Notes to the Financial Stalemcnls
THE SOPlllE JANE TYLER CHARITABLE TRUST TRUSTEES ANNUAL REPORT Thc tru5t¢cs prcs¢nt thcir annual rq)ort and fJnan¢ial slal¢m¢nts for the year ended 5th April 2024. Constitution and Objects The Trust is an unincorporat¢d body. created by Trust deed on 29th Augw4t 1989. The charitable objects of the Trust are wide and are at the absolute discretion of the iruste&%. The policy of the trust¢¢s h&5 been to support a range of charities, particularly assisting disahled or deprived children both in the United Kingdom and overseas, conservation of the environment and providing for the welfare of animals. Organisalion The trustees meel a minimum of twice a year. During the OctobcrlNovembcr meeting the accounls for thc previous financial year are discussed and the level of donations lo be distributed before Christmas is set. In March the perfornjanee of the investments is discussed. Grant Making Policy The charity invites applications for funding from other local charities. I'h¢ Irusle¢s also make suggestions as to whom should benefit from the charity. All written applications are monilored throughout the year and then thoroughly discussed and rescarched duriiig tlie early autuinn. Re8erv&$ Policy It is the policy of the Trust lo mainlain ut)reslricted thnds, which are the free reb¢rves of the Trust, at a level that equates to approximatcly six months unrestricted expendilure. This provides sufficlenl funds lo cover management and administration support costs and to r¢spond to emergency applications for grants which arisc from tirne to time. Unrestricled funds were maintained at this level througout the year. Risk Management The Iruslees have examined the major slralegic, busines5 and operational ri.sk.% which the Tru%t faces and confirn) that systems have been established tu cnable rc¥ular reports to bc produced so that thc necessary stcps can be taken to Iva%en the rlsks. We confirm that the accounts comply with thc Trust Dccd and the Statement of R¢commended Practice 2005. Accounting and Reportin¥ by Charitie%. Signed on behalf of The Sophie Jane Tyler Charitable TNst (802084). Mrs R Alexander Trustee
THE SOPHIE JANE TYLER CHAiUTABLE TRUST REPORT OF THE INDEPENDENT EXAMINER I report on the accounts of the Charity for the year cnd¢d 5th April 2024, which are set out on pages 2 to 5. Respective responslbllltles of trustee5 xnd examiner As tnLStees of th¢ Trust you are responsible for the prq)aration of lh¢ accounts in ac¢ordanG¢ with the requirements of the Charities Act 2011 ("the Act"). I report in rpect of my examination of the Trust's accounls carried out under section 145 of the 201 l Act and An aTrying oul my examination, I have followed the applicable Direclions given by the Charity Commission under section 145(5Xb) of th¢ A¢t, Independent exkiminer'8 Statement I have ¢ompleted my examination. I contirni that no material matters have ¢ome to my attention in connection with the examination which give8 mc cau.se to believe ihat in. any material respccl.. a¢counlin8 rerdS were not kept in accordance with ycction 130 of the Act or the accounts do not accord wilh the accounting records I have no concerns and have come across no other matters in connection with the examination to which attentton should be dral in order to enable a proper undcrstanding of the accounts lo bc reached. Sied Date 2210112025 Name Robert Park Professional Body Association of Chartered Certified Accountants Addr¢ss Netilesiead House Eridge Green Tunbridge Wells Kent TN3 9JR
THE SOPHIE JANE TYLER CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5TH APIUL 2024 Unrestricted Funds Unrestricted Funds 2023 INCOMING RESOURCES IDcomlDg resources from generated funds Voluntary incorn¢: donations Investment income Bank interest Income lax refund Income from land 25,393 168 13,067 22 TOTAL INCOMING RESOURCES 25.561 13.089 RESOURCES EXPENDED Cbaritable Activities Maintenanc¢ of amenity land Charitable donations 5,000 5,000 6,076 6,076 GoverDaDce costs Accountancy and adininistration Legal & Professional 3,408 1,429 Total resources expended 8,408 7,516 Net Incomlng resourc¢8 17,153 5,573 Other r¢eogDlsed galnsllosses Unrealised (lossy gain on invet>tmenl ast>ets Realtsed (lossvgain on Anveslmenl assets 16,888 (1.359) (14,225) Net movement Rn funds 32,681 {8.652) Reconeillatiott of Fllnds Total funds brought fonvard 318,755 327.407 Total funds carried forward 351436 318,755
THE SOPHIE JANE TYLER CHARITABLE TRUST BALA]YCE SHEET FOR THE YEAR ENDFD 5TH APRIL 2024 2024 2023 Note FIXFD ASSETS Amenity land Inveslm¢nls 160.000 173,788 160,000 154,649 333,788 314,649 CURRENT ASSETS Cash at bank and in hand Debtors 17,648 4,106 17,648 4,106 CREDITORS: Amounts f*lllng due wltblD one year NET CURREIWIT ASSETS 17,648 4,106 TOTAL NE'f ASSETS 351,436 318755 REPRESENTED BY UDre8trhcted Fund 351436 318.755 Approved al a meeting of th¢ trnstecs held on &/1 2/ 2024 R Alexander On behalf of the Trustees
THE SOPHIE JANE TYLER CHARITABLE TRUST NOTES TO THE FINAF4CIAL STATEMENTS FOR THE YEAR EIYDED 5TH APRIL 2024 I. ACCOUNTING POLICIES a) Accounting convention I'he financial statements are prepared under the historical cost convention, as modified by the inclusion of investments al market value. In prwaring the financial statements. the Charity followed best practice as laid down in the Statemenl of R¢¢omm¢nded Pra¢ti¢¢ 'Accounting and Reporting by ChaTiiies' (SORP 2005) issued in October 2005. b) Invcsiment income Investment income is accounted for in the period in wl)ich the charity is entitled lo receipt. c} Donalion Donations are accounted for when received. d) Resources expended Expenditure is includcd on an accruals basis. ¢) Fixe(i Ab'set Investments Investments are included at clo.sing mid-markcl valuc at the Balance Sheet dale, Any gain or lo&$ on revaluation is 2. TAKITION The Trust is a registered charity and a¢¢ordin8ly is exernpl from taxation on its incorne and gains where they are 3. FIXED ASSET Amenity land at 5th April 2018 and 2019 at Market Value 160,000 The cost of the Amenity land was £151.537 and has bcen revalued by the Trustee>. 4. FIXED ASSET INVESTMENTS UK Equities 'lot81 COST Market value ai 6th April 2023 Additions Disposals proceeds Gain on disposal Valuation Adjustment 154.649 4.228 (5,599) (1,359) 21,870 154,649 4,228 {5,599) (1.359) 21.870 Market value at 5th April 2024 173,788 173,788