Patrons International Report of the Director for the period ended 30 June 2023 Financial review Results for the year The financial statements for the year are set out in pages 4 to 9. The Statement of Financial Activities on page 4 reflects net incoming resources of £22,661. (2021 outgoing resources £6,385.) Reserves It is the Company's policy to maintain funds at a level that equates to at least three months expenditure. This target was met at the end of the year. Statement on risk The Directors and Management have been looking at the company exposure to risk and have taken measures Io tnitigate these and this practlce will continue. Principal funding sources We are very grateful to the organisations and individuals for donations received. Statement of Directors, responsibilities The trustees are responsible for preparing the Trustees. Annual ReFK)rt and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (Uniled Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the company and of the incoming resources and application of resources, including the income and expenditure, of the company for that period. In preparing these rjnancial statements, the trustees are required to: select suitable accounting policies and then apply them consistently: observe the methods and principles in the Charities SORP 2019. make judgements and estimates Ihal are re&8onable and Prudent. state whether applicable UK Accounting Standards have been followed. subject 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 charitable The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements Comply with the Companies Act 2006. They are also Tesponsible for safeguarding the assets of the company and hence for taking &sonable steps for the prevention and detection of fraud and other irregularities. The Director's Report has been prepared having taken advantsge of the small companies. exemption in the Companies Act 2006. On behalf of the Directors Samuel Chestnutt Direclor Dated: 2510312024
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