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