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HACKBLOCK EDUCATIONAL CHARITY
TRUSTEES, REPORT AND FINANCIAL STATEMENTS.
OR THE YEAR ENDED 31 DECEMBER 2024

HACKBLOCK EDUCATIONAL CHARITY
INDEX
Pa
Trustees, annual report
Independent Examiners, report
Balance sheet
Statement of financial activities
Notes to the accounts

HACKBLOCK EDUCATIONAL CHARITY
TRUSTEES, ANNUAL REPORT
REFERENCE AND ADMINISTRATION DETAILS
The Trustees present their annual report and financial statements for the year ended 31 December
2024.
The Charity was established on 3 June 1991 underthe Charity Commissioners, scheme No.1003410.
The Charily's principal address is The Vicarage, Burnham Road, Southminster, Essex CMO 7ES.
The Trustees during the year were: .
Chairman
Trustees
Mr J Graham
Mr P Adams
Mr P Lucas
Rev P Begley
Canon A Smith
STRUCTURE GOVERNANCE AND MANAGEMENT
The Charity is govemed by the Scheme of the Commissloners sealed 3 June 1991.
The body of Managing Trustees consist of three Ex-officio Managing Trustees, one Nominated
Managing Trustee and one Co-opted Managing Trustee. The Ex-officio Managing Trustees shall be
the incumbent for the time being of the present benefice of St. Leonard, Southminster, and the
Churchwardens of the present Ecclesiastical Parish of St. Leonard, Soulhminster.
OBJECTIVES AND ACTIVITIES
The main objective of the Charity is to provide funds to support children and educational needs of
young people under the age of 25 living in the parish of St. Leonard's, Southminsler and neighbouring
parishes. This can include financial support for the governors of SoLlthminster Primary IC of El
School. Grants may also be allocated to individuals or other bodies, after an application lo the
Trustees, in accordance with the scheme laid down by the Charity Commissioners. To increase
awareness of the Charity, the Governors advertise to young people in the Southminster area to
request applications for funding. Funds are obtained by way of investment income.
ACHIEVEMENTS AND PERFORMANCE
During the year, income of £38,927 was received and £44,919 was expended. The value of the
inveslments held with the Church of England Investment Fund and cash was £1,352,941.
The trustees have maintained the annual adjustment for inflation.
By order of the board of truslees- 9 September 2025
P Lucas
Treasurer

INDEPENDENT EXAMINERS, REPORT TO THE TRUSTEES OF
HACKBLOCK EDUCATIONAL CHARITY
Scheme No.1003410
We report on the Accounts of the Charity for the year ended 31 December 2024 set out on pages 3 to
Respectlve responsibilities of Trustees and Examiners.
The Charity's Trustees consider that an audit is not required for this year (under section 144<2) of the
Charities Act 2011 (the Act)) and that an independent examination is needed.
It is our responsibility to:
Examine the accounts (under section 145 of the Act).
To follow the procedures laid down in the General Directions given by the Charity
Commissioners (under section 145(5){b) of the Acl).. and
To state whether particular matters have come to our attention.
Basls of Independent Examlners, report
Our examination was carried out in accordance with the General Directions given by the Charity
Commissioners. An examination includes a review of the accounting records kept by the Charity and
a comparison of the accounts presented with those records. It also includes consideration of any
unusual items or disclosures in the accounts and seeking explanations from the Trustees concerning
any such matters. The procedures undertaken do not provide all the evidence that would be required
in an audit, and consequently we do not express an audit opinion on the view given by the accounts.
Independent Examiners, statement
In connection with our examination, no maller has come to our attention..
which gives us reasonable cause to believe that in any material respect the Trustees have not
met the requirements to ensure Ihat..
proper accounting fecords are kept (in accordance with section 130 of the Act). and
accounts are prepared which agree with the accounting records and comply with the
accounting requirements of the Acl; or
to which, in our opinion, attention should be drawn in order to enable a proper understanding of
the accounts to be reached.
fp? [L{,
Maynard Heady LLP
9 September 2025
Chartered Accountants
Reporting Accountants
Arlington House
West Station Business Park
Spital Road
Maldon
Essex CM9 6FF

HACKBLOCK EDUCATIONAL CHARITY
BALANCE SHEET AS AT 31 DECEMBER 2024
Notes
2024
2023
FIXED ASSETS
Investments
1,222,285
1,194,935
CURRENT ASSETS
Cash 8t bank
130,656
136,642
LIABIUTIES: Amounts falling
due within one year
1,146
1,140
NET CURRENT ASSETS
129,510
135,502
£1,351,795
£1,330,437
UNRESTRICTED FUNDS
Capital
940,751
902,142
Distributable
411,044
428,295
£1,351,795
£1,330,437
Approved by the Board of Trustees on 9 September 2025.
and signed on its behalf by..
P Lucas
The notes on Pages 5 to 6 fomi part of these Accounts.

HACKBLOCK EDUCATIONAL CHARITY
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
INCOME AND EXPENDITURE
General Fund
General Fund
INCOMING RESOURCES
Interesl received
Dividends received
5,757
33,170
3,263
32,663
38,927
35,926
RESOURCES EXPENDED
Direct charitable expendilure..
Grants
42,342
46,850
Olher charitable expenditure..
Accountancy fee
General expenses
1,140
1,437
1,104
TOTAL RESOURCES EXPENDED
44,919
48,738
NET INCOMING RESOURCES FOR THE YEAR
(5,992)
(12,812)
OTHER RECOGNISED GAINS AND LOSSES
Unrealised gain on investment assets
27,350
102,756
NET MOVEMENT IN FUNDS
21,358
89,944
BALANCE BROUGHT FORWARD
1,330,437
1,240,493
BALANCE CARRIED FORWARD
£1,351,795
£1,330,437
(See Note 5)

HACKBLOCK EDUCATIONAL CHARITY
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES
1.1 The financial statements are prepared under the basis of historical cost, except for fixed asset
investments, in accordance with Accounting and Reporting by Charities Statement of
Recommended Practice, Accounting Standards and with the Charities Act 2011.
1.2 Fixed asset investments are stated at a currenl marf(et value.
INVESTMENT STRATEGY
The Trustees retained the investment policy of investlng in share and interest-earning accounts.
FIXED ASSET INVESTMENTS
2024
2023
Quoted investments
Balance at 1 January 2024
Investment additions
Net unrealised investment gainl(loss)
1,194,935 1,092,179
27,350
102,756
Market value at 31 December 2024
£1,222,285 £1,194,935
Historical cost as at 31 December 2024
£463,648 £463,648
The above investment represents 52,860.85 12023 52,860.851 shares in the Central Board of
Finance of the Church of England Investmenl Fund.
LIABILITES Falling due within one year.
2024
2023
Accruals
£1,146
£1,140
UNRESTRICTED FUNDS
Ca
Ital Dlstrlbutable
Total
Balance bthd.
Net flow for the year (page 4)
Inflation protection
902,142
428,295
21,358
(38,609)
1,330,437
21,358
38,609
Balance Cl￿d.
£940,751
£411,044
£1,351,795

HACKBLOCK EDUCATIONAL CHARITY
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
6. UNRESTRICTED FUNDS
Continued
Whilst not a stipulation of the original Trust Deed, the Trustees have maintained a policy of
protecting the original caprtal fund by way of an allocation out of the income and capital growth.
The transfer of £38,609 this year has been based on an inflationary increase of 4.2 %.
OUTSTANDING GRANTS
2024
2023
Al the year end, expenditure had been
aulhorised but not yet paid of
£6,600
£5.950