## **MUKER EDUCATIONAL TRUST**
**REPORT AND FINANCIAL STATEMENTS**
**YEAR ENDED 5 APRIL 2022 REGISTERED CHARITY: 1002488**
MUKER EDUCATIONAL TRUST YEAR ENDED 5TH APRIL 2022
## CONTENTS
## Page
|1|Legal and Administrative Information|
|---|---|
|2|Report of Trustee Directors|
|3|Accountants Report|
|4|Receipts and Payments Account|
|5|Statement of Assets and Liabilities|
MUKER EDUCATIONAL TRUST
## LEGAL AND ADMINISTRATIVE INFORMATION
|Chairman:|Revd C J Hewlett|
|---|---|
|Secretary:|Mr M B McGarry|
|Trustees:|Mr K Guy|
||Mr T Metcalfe|
||Mr M Guy|
||Revd C J Hewlett|
||Mr R Hunter|
||Mr J Rukin|
||Mr A Hunter|
|Accountants:|O’Reilly Chartered Accountants|
||Kiln Hill|
||Market Place|
||Hawes|
||North Yorkshire|
||DL8 3RA|
|Bankers:|Barclays Bank|
||Market Place|
||Leyburn|
||North Yorkshire|
||DL8 5BQ|
|Registered Ofice:|McGarry & Co|
||21 Galgate|
||Barnard Castle|
||Co Durham|
||DL12 8EQ|
-1-
MUKER EDUCATIONAL TRUST YEAR ENDED 5 APRIL 2022 REPORT OF THE TRUSTEE DIRECTORS
The trustees present their report and the financial statements of the charity for the year ended 5 April 2022. These financial statements are prepared in accordance with the charity’s trust deed and the recommendations of the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice and comply with applicable law.
## Structure, Governance and Management
The charity is under the governance of its trustees, as set out on page 1 of the financial statements.
The day to day management of the charity is undertaken by the elected committee members.
## Objectives and Activities
The trustees shall apply the income of the charity for the promotion of education in the Ecclesiastical Parish of Swaledale in such ways as the trustees consider appropriate.
When planning the activities for the year, the trustees have considered the Commission’s guidance on public benefit.
## Achievements and Performance
The charity achieved its objectives during the year, as set out above.
## Financial Review
The overall net deficit for the year has decreased from the previous year. This is predominately due to asset and investment sales being less than asset and investment purchases by £1,399.
## Statement of Trustees Responsibilities
The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
On behalf of the trustees
……………………………..
Revd C J Hewlett Chairman
Date
……………………………..
-2-
## MUKER EDUCATIONAL TRUST YEAR ENDED 5 APRIL 2022 ACCOUNTANTS REPORT TO THE TRUSTEES
In accordance with the engagement letter dated 7[th] August 2017, in order to assist you to fulfil your duties under the Charities Act 2011, we have prepared for your approval the financial statements of Muker Educational Trust for the year ended 5 April 2022 as set out on pages 4 to 5 from the charity’s accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance/.
This report is made solely to the Board of Trustees of the charity, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Muker Educational Trust, and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 08/16AAF as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its Board of Trustees, as a body, for our work or for this report.
You have approved the financial information for the year and have acknowledged your responsibility for it, for the appropriateness of the financial reporting framework adopted and for providing all information and explanations necessary for its compilation.
We have not been instructed to carry out an audit or a review of the financial statements of the charity. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
## O’Reilly Chartered Accountants
Kiln Hill Market Place Hawes North Yorkshire DL8 3RA
-3-
## MUKER EDUCATIONAL TRUST
## YEAR ENDED 5 APRIL 2022
## RECEIPTS AND PAYMENTS ACCOUNT
|RECEIPTS
Rent of Field
INVESTMENT INCOME
Dividends and Interest from
Investment
ASSET AND INVESTMENT SALES
Investment proceeds
TOTAL RECEIPTS
PAYMENTS
COSTS
Grants
Running costs
ASSET AND INVESTMENT
PURCHASES
TOTAL PAYMENTS
NET (DEFICIT)/SURPLUS FOR THE
YEAR|143|2022
143
2,239
633,361|110|2021
110
4,568
150,30
0|
|---|---|---|---|---|
||2,239||4,568||
||4,767
3,420||4,409
2,451||
|||635,743||154,97
8|
|||8,187
634,760||6,860
161,77
2|
||||||
|||642,947||168,63
2|
|||(7,204)
7,947||(13,654
)|
Cash funds as at 6[th] April 2021 21,601 Cash funds as at 5[th] April 2022 743 7,947
## -4MUKER EDUCATIONAL TRUST YEAR ENDED 5 APRIL 2022
## STATEMENT OF ASSETS AND LIABILITIES
## 1. CASH FUNDS
|1.CASH FUNDS||||
|---|---|---|---|
|Bank Current Account
Barclays Community
Portfolio Account
Brown Shipley||2022
212
531
£743|2021
5,795
2,152|
||||£7,947|
## 2. INVESTMENTS
At 5[th] April 2022, investments with Brown Shipley had a market value of £212,741 (2021: £223,573 ).