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← Sheila & Denis Cohen Charitable Trust

2025-04-05-accounts

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Charity registration number SC009930 (England and Wales)
THE SHEILA AND DENIS COHEN CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
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THE SHEILA AND DENIS COHE

ABLE TRUST

LEGAL AND ADMINISTRATIVE INFOR

Charity number (Scotland)

Independent examiner

iness Services I] Limited ccountants

reet

dom

DENIS COHEN CHARITABLE TRUST

THE SH

CONTEN

port

t examiner's report

of financial activities

Statement of financial position

Notes to the financial statements

12

THE SHEILA AND DENIS COHEN CHARITABLE TRUST

ES' REPORT

E YEAR ENDED 5 APRIL 2025

ees present their annual report and financial statements for the year ended 5 April 2025.

unts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and ith the charity's trust deed and applicable law. es and activities ity's objects are to make donations to charitable institutions, societies, foundations and funds as the etermine at their discretion and there has been no change in these during the year.

ng the activities for the year the trustees have considered the Charity Commission guidance on public ees have paid due regard to guidance issued by the Charity Commission in deciding what activities the ould undertake. ents and performance | review cial results for the year are shown on page 4 of the accounts. The trustees have authorised donations year as detailed on pages 9 & 10 of the accounts.

ees consider the level of investment income for the year to be satisfactory.

ance with the trust deed, the trustees have the power to invest in such stock, shares, investments and of whatsoever nature and wheresoever situate and whether involving liability or not and whether producing r not as they see fit.

serve Fund represents the unrestricted funds accumulated to date and also represents the free reserves of t. The reserves policy is to fund grants payable out of investment income whilst maintaining investments at a equate to generate income for the future.

ent income is reinvested and cash is withdrawn from investments each quarter to fund donations. The has no significant running costs and this policy ensures that adequate liquid resources are available at all

stees have assessed the major risks to which the charity is exposed, in particular those relating to the n and finances of the trust, and are satisfied that adequate systems are in place to mitigate those risks. re, governance and management rity was established by a Deed of Trust registered in Edinburgh on 11th May 1983. tees who served during the year and up to the date of signature of the financial statements were:

s are appointed by the board and hold office subject to the provisions contained in the Deed of Trust.

The trustees are responsible for the overall management policy of the fund and for the approval of grants payable.

The Trustees’ report was approved by the Board of Trustees.

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THE SHEILA AND DENIS COHEN CHARITABLE TRUST

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025

Trustee 28/1/2026 DY

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THE SHEILA AND DENIS COHEN CHARITABLE TRUST

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF THE SHEILA AND DENIS COHEN CHARITABLE TRUST

| report on the financial statements of the charity for the year ended 5 April 2025, which are set out on pages 4 to 12.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.

Basis of independent examiner's statement

My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. 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 seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently | do not express an audit opinion on the view given by the accounts.

Independent examiner's statement

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

| understand that this has been done in order for the financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

In connection with my examination, no other matter except that referred to in the previous paragraph has come to my attention:

Chartered accountants

Aldgate Tower

2 Leman Street

London

E1 8FA

United Kingdom

28/1/2026 Dated: ............. eee

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THE SHEILA AND DENIS COHEN CHARITABLE TRUST

STATEMENT OF FINANCIAL POSITION

AS AT 5 APRIL 2025

2025 2024
Notes £ £ £ £
Fixed assets
Investments 13 2,403,725 2,603,817
Current assets
Cash at bank and in hand 42,429 54,139
Current liabilities 14 (13,800) (14,100)
Net current assets 28,629 40,039
Total assets less current liabilities 2,432,354 2,643,856
Thefunds ofthe charity
Unrestricted funds 2,432,354 2,643,856
2,432,354 2,643,856

The financial statements were approved by the trustees on .........9844;9996

Trustee

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