CORNER OAK TRUST
Charity no 1001370
The Forge, Main Street, Beckley, TN31 6RS
Trustees Annual Report 2024
Corner Oak Trust is a small charity founded in 1990 by a Declaration of Trust. It has 3 trustees, all of whom serve in a voluntary capacity.
Objectives
Relief of persons in need or hardship, assistance to the aged or sick
The advancement of education on the basis of Christian principles
The advancement of the Christian faith
Main activities this year
Financial support of an Ethiopian pastor and his family.
Financial support of a Christian foundation in Tanzania, which builds and runs schools and provides teacher training. Particular care and resources are being invested in children with mental and physical disabilities. Sponsoring pupils at the foundation’s school in Arusha to enable them to commence and continue their education.
Financial support of needy school pupils in Kenya.
Assisting a nurse previously sponsored through university to buy equipment for the clinic she has established in a rural area of Kenya.
Supporting the work of a Christian foundation giving educational and vocational support to young people in African countries.
Providing funds for the activities of a church in Hastings, UK, including evangelistic programmes and assistance to the needy.
Financial policy
It is not this charity’s policy to build up major reserves, but rather to provide funds for appropriate projects as quickly as possible.
Trustees
Graham Pearce, Diana Pearce, Paul Crabtree
Signed on behalf of Trustees 23[rd] May 2025
CORNER OAK TRUST
1 January to 31 December 2024
| RECEIPTS AND PAYMENTS ACCOUNTS | RECEIPTS AND PAYMENTS ACCOUNTS | |
|---|---|---|
| A1 Receipts | 2024 | Last year |
| Donations | 31404 | 18294 |
| HMRC tax reclaims | 5066 | 3583 |
| 36470 | 21876 | |
| A2 Asset and Investments sales | 0 | 0 |
| A3 Payments | ||
| Gifts to beneficiaries | 31825 | 23090 |
| Bank charges re donations abroad | 150 | 135 |
| 31975 | 23225 | |
| Sub total | 4494 | -1349 |
| A6 Cash funds last year end | 7288 | 8637 |
| Cash funds this year end | 11782 | 7288 |
| STATEMENT OF ASSETS AND LIABILITIES | ||
| B1 Cash funds 31 12 24 | ||
| Instant access account | 10831 | 6562 |
| Treasurers' account | 951 | 726 |
| Total cash funds | 11782 | 7288 |
| B2 Other monetary assets | 0 | 0 |
| B3 Investment assets | 0 | 0 |
Signature of Trustee
Date 2.4.25
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees1 members of frxLSI On accounts for the year ended )£-oéMC)&L ILC'g Charity no (if any) iodi370 Set out on pages I report to the trustees on my examination of the accounts of the abové charity ("the Trust.) for the year ended Responsibilities and As th8 charty twstees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 ('the Acr). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination. I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below ') in connection with the examination which gives me cause to believe that in, any material respect". accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. ' Please delete the words in the brackels rflhey do nol apply. Date: Independent examinerfs statement Signed: Name: Relevant professional qualificatton(s) or body (if any): Address: LOL{ LAL, s V4 1 Lb ¥0 IL'fr Section B Disclosure Only Gomplete if the examiner needs to highlight matters of concem (see CC32, Independent examination of charity accounts: directions and guidance for examiners). IER October 2018
Glve here brief details of any items that the . examiner wishes to disclose. IER October 2018
CORNER OAK TRUST 1 January to 31 December 2024 RECEIPTS AND PAYMENTS ACCOUNTS 2024 A1 Receipts Last year Donations HMRC tax reclaims 31404 5066 18294 3583 36470 21876 A2 Asset and Investments sales A3 Payments Gifts to beneficiaries Bank charges re donations abroad 31825 150 23090 135 23225 31975 Sub totsl 4494 -1349 A6 Cash funds last year end 7288 8637 Cash funds this year end 11782 7288 STATEMENT OF ASSETS AND LIABILITIES B1 Cash funds 31 12 24 Instant access account Treasurers, account 10831 951 6562 726 Total cash funds 11782 7288 B2 Other monetary assets B3 Investment assets Signature of Trustee Date 2.4.25