acland burghley school trust Make a difference to the school life **Acland Burghley School Trust Charity No: 1002280** # **Trustees’ Annual Report and Accounts for the year 1 April 2024 to 31 March 2025** ## **Contents** ||**Contents**|**Contents**| |---|---|---| |**1.**|**Introduction ................................................................................................ 3**|| ||1.1|Charitable Objects.............................................................................................. 3| ||1.2|Overview ............................................................................................................ 3| |**2.**|**Activities & Achievements ........................................................................... 3**|| ||2.1|Outputs & Outcomes ......................................................................................... 3| ||2.2|Policies on Grant-Making ................................................................................... 4| ||2.3|The Roles & Contributions of Volunteers .......................................................... 4| ||2.4|Looking Ahead.................................................................................................... 4| |**3.**|**Financial Review .......................................................................................... 4**|| ||3.1|Financial Position ............................................................................................... 4| ||3.2|Details of Any Funds Materially in Deficit.......................................................... 4| ||3.3|Policy on Reserves ............................................................................................. 4| ||3.4|Going Concern ................................................................................................... 4| ||3.5|Principal Sources of Funding and Expenditure .................................................. 4| ||3.6|Investments Policy & Objectives ....................................................................... 5| ||3.7|Description of the Principal Risks Facing the Charity ........................................ 5| ||3.8|Remuneration of Trustees ................................................................................. 5| |**4.**|**Reference and Administration Details .......................................................... 5**|| ||4.1|Charity Name & Registration ............................................................................. 5| ||4.2|Charity’s Principal Address and Contact Details ................................................ 5| ||4.3|Names of the Trustees Who Manage the Charity ............................................. 6| ||4.4|Independent Examiner ...................................................................................... 6| ||4.5|Related Parties ................................................................................................... 6| |**5.**|**Structure, Governance & Management ........................................................ 6**|| ||5.1|Type of Governing Document ............................................................................ 6| ||5.2|Charitable Objects.............................................................................................. 6| ||5.3|Statutory Declaration ......................................................................................... 6| ||5.4|Trustee Selection Methods ................................................................................ 6| ||5.5|Trustee Development ........................................................................................ 7| ||**Independent examiner's report on the accounts**............................................ 12|| _Acland Burghley School Trust: Trustees’ Annual Report & Financial Statements_ _Page 2 of 13_ ## **1. Introduction** ## **1.1 Charitable Objects** The object of the Trust as set out in the Trust Deed dated 13[th] February 1991 as amended on 5[th] October 2018 is to advance the education of pupils at Acland Burghley Comprehensive School (“the School”). The Trustees have the power to pay or apply any part or parts of the income or capital towards providing and assisting in the provision of facilities for the education at the school (not normally provided by the local education authority), and to engage in activities which support the School and advance the education of pupils attending it. ## **1.2 Overview** The focus of the Trust during the year 1 April 2024 to 31 March 2025 has been to continue its fundraising activities in support of the School’s plan to refurbish and improve its Grade II listed school hall, restoring it to its original high standard performance space. ## **2. Activities & Achievements** ## **2.1 Outputs & Outcomes** The Trust has continued to work closely with the School in its plan to raise £2.34M to refurbish the school hall (‘Hall for All’ campaign). The majority of activity has been to further develop and refine the fundraising strategy and to facilitate fundraising events in support of the Hall for All fundraising campaign. This has included a fundraising brochure, a fundraising website for the campaign, as well as the production of a short film. The Trust provided funding toward the development phase of the Hall for All project in April 2024 as well as £9,625 fees to consultants assisting the School in its preparation and finalisation of its application for National Lottery funding submitted in February 2025. The Trust supported the school to hold a number fundraising events during the financial year. “An Evening with…” took place in April 2024. This star-studded event included performances by students and members of our local community and poetry readings of poems about the Hall for All by a range of celebrity guests. Our Brutal Walk event in July 2024 saw over 700 members of the school community including students, staff and volunteers walked across London to visit the capital’s famous brutalist landmarks such as the Barbican, Brunswick Centre, South Bank and National Theatre. Students, teachers and members of the local community posted 10,000 letters about the Hall for All campaign throughout the local neighbourhood and we hosted a series of special events in the hall including Camden’s Youth Safety Taskforce event and Camden’s Youth Awards. Additional fundraising in this financial year included income from Direct Debits; bake sales which raised £150, Christmas card sales and other donations, including a £5k donation received at the end of March 2025. The Trust has continued to work closely with other Hall for All stakeholders including the Acland Burghley School, the Acland Burghley School Parents Association, the Orchestra of the Age of Enlightenment (resident orchestra at Acland Burghley School, Registered Charity No. 295329), the Hall for All Community Led Management Board and project partners for the Development Phase, _Acland Burghley School Trust: Trustees’ Annual Report & Financial Statements_ _Page 3 of 13_ Urban Learners all of whom are involved in some way in the development and delivery of the Hall for All campaign. Individual trustees have continued to build and develop relationships with potential donors and stakeholders (corporate and individual), in aid of the Hall for All campaign. The Trust continued to utilise an investment account with Flagstone Investment Platform. A further £175,000 has been invested during 2024-25 for the Hall for All project. This has enabled the Trust to place short term deposits at a higher interest rate than that provided by the Charity’s bank, CAF (Charities Aid Foundation Bank Limited). ## **2.2 Policies on Grant-Making** The Trust consults the School on its educational priorities in terms of facilities and activities for pupils, so as to ensure that the activities of the Trust are aligned with the needs of the School. Where reserved funds have been received the Trust liaises with the School on projected timelines and the sums required, enabling such funds to be invested appropriately. ## **2.3 The Roles & Contributions of Volunteers** The Trust does not directly engage or manage any volunteers, and is highly dependent on its small group of trustees who undertake voluntary work to support the work of the Charity, amounting to one day per week per trustee. Other volunteers undertaking any work in furtherance of the Charity’s objectives, are made available through the School, its parent community, and the Acland Burghley School Parent Teachers Association. The Trust is very grateful in particular to the individual parents who have led and managed specific fundraising events and activities in support of the refurbishment of the school hall. ## **2.4 Looking Ahead** The Trust will continue its focus on raising funds for the refurbishment of the school hall. The school’s fundraising target is £2.34M, with construction target start date of August 2026. ## **3. Financial Review** ## **3.1 Financial Position** In the financial year 2024-2025 income was £154,462 and expenditure was £35,824 **.** Net assets year end was £446,669. ## **3.2 Details of Any Funds Materially in Deficit** The Trust has no funds which are materially in deficit. ## **3.3 Policy on Reserves** The Charity’s policy on reserves is to retain a minimum of £15,000 in easily realisable assets sufficient to meet its short-term expenditure plans. ## **3.4 Going Concern** There are no uncertainties about the Trust continuing as a going concern. ## **3.5 Principal Sources of Funding and Expenditure** General Fund income (£7,272) is derived mainly from individual ad hoc and regular donations (£5,802), with the remainder from gift aid and interest. _Acland Burghley School Trust: Trustees’ Annual Report & Financial Statements_ _Page 4 of 13_ Reserved fund income and expenditure summary is set out below: Hal for All (previously Assembly Hall) – a primary campaign to return the Grade 2 brutalist school hall to its original high standard performance space. Total income this year was £140,382 which includes £149 from donations to Acland Burghley Better Spaces – a precursor to the Hall for All campaign originally aimed at improving various aspects of the school site which has since been refined to focus on the Assembly Hall. Major individual donors donated a total of £71,500 and £11,000 was granted by the Hollick Family Foundation and Tesco Stronger Starts. The “An Evening with…” event raised circa £50,000 by attracting a £30,000 grant from a charitable foundation with a further £20,000 of income raised from a combination of ticket sales, drink sales, and other donations. A number of individual donors make regular monthly donations to the campaign as a direct consequence of this event. The Brutal Walk event in July 2024 raised £9,748 in donations to the Hall for All campaign. The Big Give Christmas Challenge in December 2024 raised £26,714 thorough the Big Give portal plus an additional £18,967 from individual donors. The remaining income came from smaller individual giving. Expenditure was £21,382: £6,166 comprising expenditure on fundraising materials and the development phase of the project; £9625 in consultancy fees for support with fundraising, research, evaluation and application planning in preparation of an application for National Lottery funding; £5341 toward fundraising activities and events and £250 press fees. ## **3.6 Investments Policy & Objectives** The Trust has an Investment Policy. The financial objective of its investments is to generate a sustainable return to help deliver the objects of the charity. The overall investment objective is to produce best financial return with an acceptable level of risk. Investments will be ethical and we do not invest in the tobacco industry, armaments, gambling, pornography and other industries as specified by the trustees ## **3.7 Description of the Principal Risks Facing the Charity** The principal risk facing the Trust is in respect of our fixed and short-term investments, inflation and fall in capital values and fall in value or failure of specific investment vehicles, mitigated through medium or low risk investments and spreading risk over a number of investment options. ## **3.8 Remuneration of Trustees** All Trustees act in a voluntary capacity and receive no remuneration or other material benefits from their services to the Charity. Out-of-pocket expenses necessarily and reasonably incurred by Trustees in promoting the purposes of the Trust are reimbursed at cost. ## **4. Reference and Administration Details** ## **4.1 Charity Name & Registration** The Registered name of the Trust is Acland Burghley School Trust. Registered with the Charity Commission, registered charity number is 1002280 The Chairty is registered with HM Revenue & Customs. ## **4.2 Charity’s Principal Address and Contact Details** Acland Burghley Trust c/o Finance Manager _Acland Burghley School Trust: Trustees’ Annual Report & Financial Statements_ _Page 5 of 13_ Acland Burghley School Burghley Road London NW5 1UJ E: abstrust@aclandburghley.camden.sch.uk P: 020 7485 8515 ## **4.3 Names of the Trustees Who Manage the Charity** Eliane Glaser, appointed 6 May 2023, nominated Acland Burghley School PTA. James Hepburn, June 2024, appointed by Trustees. Madeline Holt, reappointed 20 November 2002, appointed by Trustees. Kim Issroff, appointed 6 May 2023, nominated by Acland Burghley School Governing Body. Tim Longfoot, reappointed 27 January 2024, appointed by Trustees. Katherine Miller, reappointed 1 October 2023, nominated by Acland Burghley School. Jodi Moore, Chair, June 2024, appointed by Trustees Rebekah Moore, Secretary/Treasurer, appointed January 2025, appointed by Trustees. Karl Munslow, June 2024, appointed by Trustees. Samuel Parkes, stepped down 8 September 2024 ## **4.4 Independent Examiner** Gary Worsdell, Director, In Financials Limited, 9 Maundeville Crescent, Christchurch, England, BH23 2EW. ## **4.5 Related Parties** The Trust works closely with Acland Burghley School, a comprehensive community school in Camden, London. ## **5. Structure, Governance & Management** ## **5.1 Type of Governing Document** Charitable Trust Deed. ## **5.2 Charitable Objects** The object of the Trust is to advance the education of pupils at Acland Burghley School. (i) Provide and assist in the provision of facilities for the education of the school (not normally provided by the local education authority) (ii) Engage in activities which support the school and advance the education of pupils attending it. ## **5.3 Statutory Declaration** The Trustees confirm that they have paid due regard to the guidance issued by the Trust Commission on public benefit in deciding what activities the Trust should undertake. ## **5.4 Trustee Selection Methods** There must be at least three charity trustees. _Acland Burghley School Trust: Trustees’ Annual Report & Financial Statements_ _Page 6 of 13_ In accordance with the Trust Deed, three Trustees are nominated for a term of one year from the School, The School’s Parent Teachers Association, and the School’s Governing Body. Appointed Trustees have a term of three years and in appointing due regard is given to the skills, knowledge and experience needed for the effective administration of the Trust. ## **5.5 Trustee Development** Upon appointment or nomination, all trustees are inducted by an experienced trustee and receive a copy of the Trust Deed, minutes from the previous 12 months, most recent accounts and annual report, and Charity Commission guidance on being a trustee. Approved by the Trustees and signed on their behalf. Jodi Moore (Chair) __ ____________ Date 22/01/2026_ _Acland Burghley School Trust: Trustees’ Annual Report & Financial Statements_ _Page 7 of 13_ _Acland Burghley School Trust: Trustees’ Annual Report & Financial Statements_ _Page 8 of 13_ _Acland Burghley School Trust: Trustees’ Annual Report & Financial Statements Page 9 of 13_ _Acland Burghley School Trust: Trustees’ Annual Report & Financial Statements Page 10 of 13_ ## **ACLAND BURGHLEY SCHOOL TRUST** ## **NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDING 31 MARCH 2024** _Acland Burghley School Trust: Trustees’ Annual Report & Financial Statements_ _Page 11 of 13_ **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the trustees/** Charity Name **members of** Acland Burghley School Trust **On accounts for the year** 31 March 2025 **Charity no** 1002280 **ended (if any) Set out on pages** 1-2 (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 March 2025. - **Responsibilities and** As the charity trustees 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 Act”). 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. **Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** 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 brackets if they do not apply._ **Date:** 26/01/2026 **Signed:** ~~Cae oieat |~~ **Name:** Gary Worsdell FFA FIPA ~~Ps~~ **Relevant professional** Fellow member of Institute of Financial Accountants **qualification(s) or body (if any): Address:** 9 Maundeville Crescent, Christchurch, Dorset BH23 2EW 1 **October 2018** **IER** **Section B Disclosure** Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . None matters to note. 2 **October 2018** **IER**