Registered Charity No. 802821 The Eric and lean Beecham Charltable Trust Annual Report and Flnanclal Statements for the year ended 31 December 2021 The Eric and lean Beecham Charitable Trust Trustees. Report for the y&ir ended 31 December 2021 Trnstees Anna Kennedy Elizabeth Ward Jeffreyward Patricia Ward Independent Examlner Robert Woodbridge FCA 13 Wethered Park Marlow SL7 2BH Prlnclpal Address 4 Hollies End London NW7 2RY The Eric 2nd lean Beecham Charitable TThst Trustees. Report for the year ended 31 December 2021 The trustees present their report and financial staternents lor the year ended 31 December 2021. The financial statements have been drawn up in accordance with the Statement of Recommended Practice (SORP 2015) - Accounting and Reporting by Charities. Charitable Status The F.ric and lean Beecham Charitsble Trust (The Trusff) was ft)med in 1990 as a registered charity with charity registration number 802821. Trustees The names of the trustees who served during the year are set out on page 2. Oblectlves and activities The Trust makes donations to a variety of registered charities throughout The United Kingdom, Israel and The United Ststes of America. The Trust does not support unsolicited requests. Artlvltles, achlevements. and perforniance Donations totalling £43.150 were made to 24 charitable organisations in accordance with the Trust's objectives Trustees. remuneratlon No trustees received any remuneration during the year. Trustees, responsibilities The trustees are responsible for preparing the Annual Report and the financial statements Sn accordance with applicable law and regulations. Charity law requires the trustees to prepare financial statements for each financial year in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The financial statements are required by law to give a trne and fair view of the state ofaffdirs of the charity and of the income and expenditure ofthe charity for that period. In preparing these finanLial statements, the trustees are requlred to: select suitable accounting policies and apply them consistently make judgments and estimates that are reasonable and prudent, state whether applicable UK Accounting Standard5 have been followed, subjert to any material departures disclosed and explained in the financial statements prepare the financial statements on the going concern basis. unless it is inappropriate to presume that the charity will continue in operation The trustees are responsible for keeping properaccounting records that disclose with reasonable accuracy at any time the flnancial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection offraud and other irregularities. Signed on behalf of the trustees IL ricia Ward The Eric and lean Beecham Charitable Trust IDdependent Exan￿￿er.5 Report to the Trustees I report on the financial statements of The Eric and Jean Beecham Charitable Trnst for the year ended 31 December 2021. This report is tnade solely to the charity's trustees, as a body, in accordance wtth Part 4 of the Charities (Accounts and Reports) Regulations 2008. Mywork has been undertaken so that I might state to the charity's trustees those matters l am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assurne responsibility to anyone other than the charity and the charity's trustees as a body, for my work or for this report. Respertlve responsibilltles of trustees and examlner The charity's trustees are responsible for the preparation of the financial statements. They consider that an audit is not required for this year under sertion 144(2) of the Charities Act 2011 (the Act] but that an independent examination is needed. It is my responsibility to.. examine the financial statements under section 145 of the Act: follow the procedures laid down in the general Dirertions given by the Charity Commission under section 145(5)(b) of the Art: and state whether particular matters have come to my attention. Basls of Independent examlner's report My examination was carried out in accordance with the generdl directions given by The Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from you a% trustees concerning any 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 financial statements presenta'true and fair view, and the report is limited to those matters set out in the statement below. Independent examlner's statement In connection with my examination, no matters have come to my attention in connertion with the examination giving me cause to believe that in any material respectr. accounting records were not kept in respert of the charity as required by 5ertion 130 of the 2011 Act,. or 2. the accounts do not accord with those records: or 3. the accounts do 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 vieTK whtch Is not a matter considered as part of an independent examination. Signed- Dated: ,/,/, Robert Woodbridge FCA 13 Wethered Park Marlow SL7 2BH The Erlc and lean Beecham Charitable Trust Statement of Financial Activities for the year ended 31 December 2021 Income Dividends and interest Realised investment gains Unrealised inve5trnent gains 18.635 1.850 36,791 Expendfiture Charitable donations Fee5 and bank charge5 43.ISO Net movement In funds (9,787) Assets l January 2021 A55ets 31 December 2021 The Eric and Jean Beecham Charitsble Trust Balance Sheet 31 December 2021 Current Assets Investments Cash at bank 406.501 Net assets Representlng: General fund The trustees approved these financial statements, and 2Uthorised their distribution on (Date).. .3..1.. Patricia Ward The notes which follow forni part ofthese financial statements. The Eric and Jean Beecham Charitable Trust Notes to the Financial Statements for the year ended 31 December 2021 l. Accounting Policles Basis of Preparation The financial statements have been prepared to give a true and fair view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fairview.This departure has involved following the Charities SORP (FRS 102) published on 16 July 2014 rather than the Accounting and Reporting by Charitie5.' Statement of Recommended Practice effective from l April 2005 which has since been withdrawn. The financial statements have been prepared under the historical cost convention with items recognised at cost or transattion value unless otherwise ststed in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice- Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 july 2014 and Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and Charities Act 2011. Incoming Resources All incoming resources are included in the Statement of Financial Activities (SOFA) where the charity is legally entitled to receipt. Resources Expended All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Fund Accounting The general fund consists offunds which the charity may use for its purposes at its discretion. Investments Dividends and interest are recognised on receipL Investments held at the balance sheet date are reflerted at market value excluding any accrued interest on loan stocks held. Golng Concern After making appropriate enquiries. the trustees have a reasonable expertation that it has adequate resources to continue in operational existence for the foreseeable ￿ture. For this reason, they have adopted the going concern basis in preparing the financial statements.