REGISTERED CHARITY NUMBER: 1156006

REGISTERED CHARITY NUMBER: 1156006

TRU5TEES' REPORT AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2015FOR

THE CUCKOO HILL TRUST

Daverns

Chartered Accountants149/151 Sparrows Herne

Bushey HeathWatford

Hertfordshire

WD23 1AQ


CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 01 DECEMBER 2015

Page

Trustees' Report

Independent Examiner's Report

Statement of Financial Activities

1 to 2

Balance Sheet

Notes to the Financial Statements 6 to 7

Detailed Statement of Financial Activities


TRUSTEES' REPORT


The trustees present their report with the financial statements of the charity for the year ended 31 December 2015. 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 for Smaller Entities (the FRSSE) (effective 1 January

2015).

OBJECTIVES AND ACTIVITIE5

Objectives and aimsThe objects of the charity are: The relief of poverty anywhere in the world, through, without limitation, providing financial supportfor education and vocational training, providing loans or equity to businesses aimed at creating employment for disadvantaged

people, assisting children and young people to escape circles of violence and making donations to help those who lack the basic

necessities of life and the advancement of the Catholic religion for the benefit of the public, in particular, but not exclusively, by

explaining the doctrine and practices of the Catholic faith and its relevance to modern society, culture and daily life by funding or

organising talks, presentations, exhibitions, papers, conferences and retreats.

Significant activities

The charity has received requests for financial assistance from a number of charities. Applications were reviewed by the

management committee and applicants were requested to fill in a form explaining why their request met with the charity's

objectives and how the use of the funds could be monitored. They were also asked to provide accounts. The management

committee rejected some for not being compatible with the objects, not providing adequate information, where it was felt that thecharity in question was spending an excessive amount on administration and fund raising, or where it was felt it was a large well

funded national charity and the charity's funds were better employed elsewhere. Donations were made to Choysez, The Who

Cares? Trust, Young and Inspired, Survive Miva, North London Food Bank, The Catholic Childrens' Society, Drama Expression forChildren, Feed the Hungry for Samara's Aid Appeal, NSPCC, and The Little Way Association. Donations were also made, without

specific requests, to St Joseph's Parish Church for a collection to support a missionary priest in Uganda, CAFOD, Aid to the Church in

Need, CARITAS, and to AVSI - for work in a hospital in Uganda. Ag these organisations are known to the Trustees.

In total f130,805 of donations were made.

Public benefit reporting requirementThe benefits of the charity are open to everyone suffering from the effects of poverty without regard to race, religion, gender orage.

The Trustees believe that no detriment or harm arises to anyone from carrying out the charity's aims.

The Trustees confirm they have had due regard to the guidance on public benefit issued by the Charity Commission in deciding

what activities the charity should undertake.

Connection with other associations

The charity is not cormected with any other charities or associations but carries out its objects by providing donations to othercharities which work in the field of relief of poverty.

FINANCIAL REVIEW

Principal funding sourcesIncome for the year from donations was 6206,500 including tax rebates and expenditure was 6130,805 afi of which was donations

made except a bank charge of 630 and an accrual of 6900for accountancyfees. Net income in the year was f74765.

The charity is financed by donations.

The charity does not have any employees and the Trustees do not charge for their time. Nor have they been reimbursed any

expenses. The charity does not own any real estate.

The charity does not undertake any financial commitments unless it already has the funds available.

It is confirmed that the charity's assets are available and adequate to meet its future obligations.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing documentThe charity is governed bye trust deed dated 21 january 2014. There isa board of three trustees and the day to day management

of the charity is delegated to a management committee composed of Christopher Morgan and Paulo Gotti Morgan. There are no

employees or members.

Page 1


TRUSTEES' REPORT


REFERENCE AND ADMINISTRATIVE DETARS

Registered Charity number

1156006

Principal addressCuckoo Hill Farm

Cuckoo Hill

Pinner

MiddxHAS 2BB

TrusteesC I Morgan

R SolomonP Gotti Morgan

Independent examinerFergal Davern ACA

ICAEW

Daverns

Chartered Accountants

149/151 Sparrows Herne

Bushey Heath

WaffordHertfordshire

WD23 1AQ

STATEMENT OF TRUSTEES RESPONSIBILITIES

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law

and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2006 and

the provisions of the trust deed 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 charity and of the incoming resources and application of resources, including the income and

expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

select suitable accounting policies and then apply them consistently;

observe the methods and principles in the Charity SORP;

make judgements and estimates that are reasonable and prudent;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will

continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the

financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the

Charity (Accounts and Reports) Regulations 200B and the provisions of the trust deed, They are also responsible for safeguarding

the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's

website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from

legislation in other jurisdictions.

Approved by order of the board of trustees on 13 October 2016 and signed on Its behalf by:

C I Morgan —Trustee

Page 2

INDEPENDENT EXAMINER'5 REPORT TO THE TRUSTEES OF


I report on the accounts for the year ended 31 December 2015 setout on pages four to seven.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not

required for this year (under Section 144(2) of the Chanties Act 2011 (the 2011 Act)) and that an independent examination is

required.

It is my responsibility to:

examine the accounts under Section 145 of the 2011Act

to fallow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of

the 2011Act); and

to state whether particular matters have come to my attention.

Basis of the independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination

includes a review of the accounting records kept by the charity and a compadson of the accounts presented with those records. It

also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as 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 accounts present a 'true and fair view ' and the report is limited to those

matters set out in the statements below.

Independent examiner's statementIn connection with my examination, no matter has carne to my attention:

(1) which gives me reasonable cause to beheve that, in any material respect, the requirements

to keep accounting records in accordance with Section 130of the 2011Act; and

to prepare accounts which accord with the accounting records and to comply with the accounting requirements

of the 2011Act

have not been met, ' or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be

reached.

Fergal Davern ACA

ICAEW

Daverns

Chartered Accountants

149/151 Sparrows H erne

Bush ey Heath

WatfordHerffordshireWD23 1AQ

13 October 2016

Page 3


STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31DECEMBER 2015

INCOME AND ENDOWMENTS FROM

Donations and legacies

Total

Notes

Year Ended

31.12.15Unrestricted

fund

E

206,500

206,500

Period21.1.14

to31.12.14

Total funds

94,750

94,750

EXPENDITURE ON

Other charitable expenditure 131,735 14,251

NET INCOME

RECONCILIATION OF FUND5

Total funds brought forward

74,765

80,499

80,499

TOTAL FUNDS CARRIED FORWARD 155,264 80,499

The notes form part of these financial statements

Page 4


BALANCE SHEET

AT 31 DECEMBER 2015

Notes

2015Unrestricted

fund

6

2014Total funds

CURRENT ASSETS

Cash at bank 157,064 81,399

CREDITORS

Amounts falling due within one year (1,800) (900)

NET CURRENT ASSETS 155,264 80,499

TOTAL ASSETS LESS CURRENT LIABILITIES 155,264 80,499

NET ASSETS 155,264 80,499

FUNDS

Unrestricted funds

TOTAL FUNDS

155,264

155,264

80,499

80,499

The fmancial statements were approved by the Board of Trustees on 13 October 2016 and were signed on its behalf by:

C I Morgan -Trustee

The notes form part of these financial statements

Page 5


NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31DECEMBER 2015

1. ACCOUNTING POLICIES

Basis of preparing the financial statementsThe financial statements of the charity have been prepared in accordance with the Charities SORP (FRSSE) 'Accounting and

Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance

with the Financial Reporting Standard for Smaller Entities (the FRSSE) (effective 1 January 2015)', the Financial Reporting

Standard for Smaller Entities (effective January 2015) and the Charities Act 2011. The financial statements have been

prepared under the historical cost convention.

IncomeAll 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.

ExpenditureLiabilities 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 ag 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.

TaxationThe charity is exempt from tax on its charitable activities.

Fund accountingUnrestricted 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 m the notes to the financial statements.

2. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2015 nor for the period ended

31 December 2014.

Trustees' expensesThere were no trustees' expenses paid for the year ended 31 December 2015 nor for the period ended 31 December 2014.

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM

Donations and legacies

Unrestricted

fund

6

94,750

Total 94,750

EXPENDITURE ON

Other

Total

14,251

14,251

NET INCOME 80,499

TOTAL FUNDS CARRIED FORWARD 80,499

Page 6


NOTES TO THE FINANCIAL STATEMENTS - CONTINUED


3. COMPARATIVES FOR THE STATEMENT OF FINANCIALACTIVITIES -continuedUnrestricted

fundf

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Other creditors

2015E

1,800

2014E

900

5. MOVEMENT IN FUNDS

Unrestricted fundsGeneral fund 80,499 74,765

Net movement

At 1.1.15 in funds

E E

At 31.12.15E

155,264

TOTAL FUNDS 80,499 74,765 155,264

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

Unrestricted fundsGeneral fund

Incoming

resourcesE

206,500

Resourcesexpended

(131,735)

Movement in

fundsf

74,765

TOTALFUNDS 206,500 (131,735) 74,765

RELATED PARTY DISCLOSURES

There were no rclatcd party transactions for the year ended 31 December 2015.

Page 7


DETAILED STATEMENT OF FINANCIALALTIVITIES


Year Ended

31.12.15E

Period21.1.14

to31.12.14

f

INCOME AND ENDOWMENTS

Donations and legaciesDonations

Gift aid

Tntal incoming resources

160,00046,500

206,500

206,500

81,00013,750

94,750

94,750

EXPENDITURE

Other charitable expenditureDonations 130,805 13,336

Support costsManagementAccountancyFinanceBank charges

Total resources expended

900

30

131,735

900

15

14,251

Net income 74,765 80,499

This page does not form part of the statutory financial statements

Page 8

REGISTERED CHARITY NUMBER: 1156006

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