IRIS Accounts Production v24.3.2.46 Other Company accounts True false Pounds 1.4.23 31.3.24 31.3.24 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false true 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh075793072023-03-31075793072024-03-31075793072023-04-012024-03-31075793072022-03-31075793072022-04-012023-03-31075793072023-03-3107579307ns0:CharitableCompanyLimitedByGuarantee2023-04-012024-03-3107579307ns15:PoundSterling2023-04-012024-03-3107579307ns11:FRS1022023-04-012024-03-3107579307ns11:IndependentExaminationCharity2023-04-012024-03-3107579307ns11:SmallCompaniesRegimeForAccounts2023-04-012024-03-3107579307ns11:FullAccounts2023-04-012024-03-3107579307ns11:CharitiesSORP2023-04-012024-03-3107579307ns16:EnglandWales2023-04-012024-03-3107579307ns11:RegisteredOffice2023-04-012024-03-3107579307ns0:Trustee12023-04-012024-03-3107579307ns0:Trustee22023-04-012024-03-3107579307ns0:Trustee32023-04-012024-03-3107579307ns0:Activity82023-04-012024-03-3107579307ns0:Activity82022-04-012023-03-3107579307ns10:WithinOneYear2024-03-3107579307ns10:WithinOneYear2023-03-3107579307ns0:TotalUnrestrictedFunds2024-03-310757930722023-04-012024-03-3107579307ns10:ListedExchangeTradedns10:CostValuation2023-03-31
REGISTERED COMPANY NUMBER: 07579307 (England and Wales)
REGISTERED CHARITY NUMBER: 1141790












Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2024

for

Geoffrey Chinn Charitable Foundation

Geoffrey Chinn Charitable Foundation






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Report of the Trustees 1

Independent Examiner's Report 2

Statement of Financial Activities 3

Balance Sheet 4

Notes to the Financial Statements 5 to 8

Geoffrey Chinn Charitable Foundation (Registered number: 07579307)

Report of the Trustees
for the year ended 31 March 2024


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07579307 (England and Wales)

Registered Charity number
1141790

Registered office
1st Floor, Healthaid House
Marlborough Hill
Harrow
Middlesex
HA1 1UD

Trustees
D R Chinn Lawyer
Mrs C D Chinn None (deceased 19.8.2023)
Mrs D S Chinn Clinical Psychologist/Lecturer

Independent Examiner
Grant Harrod Lerman Davis LLP
Chartered Accountants
1st Floor
Healthaid House
Marlborough Hill
Harrow
Middlesex
HA1 1UD

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 11 March 2025 and signed on its behalf by:





D R Chinn - Trustee

Independent Examiner's Report to the Trustees of
Geoffrey Chinn Charitable Foundation

Independent examiner's report to the trustees of Geoffrey Chinn Charitable Foundation ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.








Jonathan Grant FCA

Grant Harrod Lerman Davis LLP
Chartered Accountants
1st Floor
Healthaid House
Marlborough Hill
Harrow
Middlesex
HA1 1UD

17 March 2025

Geoffrey Chinn Charitable Foundation

Statement of Financial Activities
for the year ended 31 March 2024

2024 2023
Unrestricted Total
fund funds
Notes £    £   
INCOME AND ENDOWMENTS FROM

Investment income 2 1,452 22,341

EXPENDITURE ON
Charitable activities
Charitable activities - 1,800

Net gains on investments - 29,874

NET INCOME 1,452 50,415


RECONCILIATION OF FUNDS
Total funds brought forward 122,153 71,738

TOTAL FUNDS CARRIED FORWARD 123,605 122,153

Geoffrey Chinn Charitable Foundation (Registered number: 07579307)

Balance Sheet
31 March 2024

2024 2023
Unrestricted Total
fund funds
Notes £    £   
FIXED ASSETS
Investments 5 80,583 80,583

CURRENT ASSETS
Cash at bank 44,342 42,890

CREDITORS
Amounts falling due within one year 6 (1,320 ) (1,320 )

NET CURRENT ASSETS 43,022 41,570

TOTAL ASSETS LESS CURRENT
LIABILITIES

123,605

122,153

NET ASSETS 123,605 122,153
FUNDS 7
Unrestricted funds 123,605 122,153
TOTAL FUNDS 123,605 122,153

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 11 March 2025 and were signed on its behalf by:





D R Chinn - Trustee

Geoffrey Chinn Charitable Foundation

Notes to the Financial Statements
for the year ended 31 March 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. INVESTMENT INCOME
2024 2023
£    £   
Other fixed asset invest - FII - 22,001
Deposit account interest 1,452 340
1,452 22,341

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.



Geoffrey Chinn Charitable Foundation

Notes to the Financial Statements - continued
for the year ended 31 March 2024

4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£   
INCOME AND ENDOWMENTS FROM

Investment income 22,341

EXPENDITURE ON
Charitable activities
Charitable activities 1,800

Net gains on investments 29,874

NET INCOME 50,415


RECONCILIATION OF FUNDS
Total funds brought forward 71,738

TOTAL FUNDS CARRIED FORWARD 122,153

5. FIXED ASSET INVESTMENTS
Listed
investments
£   
MARKET VALUE
At 1 April 2023 and 31 March 2024 80,583
NET BOOK VALUE
At 31 March 2024 80,583
At 31 March 2023 80,583

There were no investment assets outside the UK.

Cost or valuation at 31 March 2024 is represented by:

Listed
investments
£   
Valuation in 2023 80,583


Geoffrey Chinn Charitable Foundation

Notes to the Financial Statements - continued
for the year ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Accrued expenses 1,320 1,320

7. MOVEMENT IN FUNDS
Net
movement At
At 1.4.23 in funds 31.3.24
£    £    £   
Unrestricted funds
General fund 122,153 1,452 123,605

TOTAL FUNDS 122,153 1,452 123,605

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 1,452 - 1,452

TOTAL FUNDS 1,452 - 1,452


Comparatives for movement in funds

Net
movement At
At 1.4.22 in funds 31.3.23
£    £    £   
Unrestricted funds
General fund 71,738 50,415 122,153

TOTAL FUNDS 71,738 50,415 122,153

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
General fund 22,341 (1,800 ) 29,874 50,415

TOTAL FUNDS 22,341 (1,800 ) 29,874 50,415

Geoffrey Chinn Charitable Foundation

Notes to the Financial Statements - continued
for the year ended 31 March 2024

7. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.4.22 in funds 31.3.24
£    £    £   
Unrestricted funds
General fund 71,738 51,867 123,605

TOTAL FUNDS 71,738 51,867 123,605

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
General fund 23,793 (1,800 ) 29,874 51,867

TOTAL FUNDS 23,793 (1,800 ) 29,874 51,867

8. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.