## **Watford and District Schools Christian Worker Trust**
# **WATFORD AND DISTRICT SCHOOLS CHRISTIAN WORKER TRUST**
(Working name: Watford Schools Trust)
**Registered Charity Number 1010876**
**Trustees Report and Accounts Year ended 31st March 2024**
- 1 -
## **Watford and District Schools Christian Worker Trust**
|**Contents**|**Page**|
|---|---|
|Reference and administrative details|3|
|Report of the Trustees|4|
|Report of the Independent Examiner|12|
|Statement of Financial Activities|13|
|Balance Sheet|14|
|Cashflow statement|15|
|Notes to the Accounts|16|
- 2 -
**Watford and District Schools Christian Worker Trust**
## **Reference and administrative details**
|**Registered name**|Watford and District Schools Christian Worker Trust|
|---|---|
|**Working name**|Watford Schools Trust|
|**Charity Number**|1010876|
|The trustees and staff who served during the year ending 31stMarch 2024 and the subsequent||
|period to the date of this report were:||
|**Trustees**|Rev. Maureen Hider – Chair|
||Mrs Angela Steed – Secretary|
||Ms Joanna Woolcock – Treasurer|
||Mrs Helen Horton|
||Mr Ben Dear|
|**Staff**|Mrs Tricia Bastable|
||Mrs Alison Harvey|
||Rev Fiona Penny|
||Mrs Johanna Nieuwelink-Jordan|
|**Address**|13 Grover Road|
||Watford|
||WD19 4HH|
|**Website**|www.watfordschoolstrust.org|
|**Bankers**|CAF Bank Limited|
||25, Kings Hill Avenue|
||West Malling|
||Kent|
||ME19 4JQ|
- 3 -
## **Watford and District Schools Christian Worker Trust**
## **Report of the Trustees for the year ended 31st March 2024**
The trustees are pleased to present their report for the year ended 31st March 2024.
## **Objectives, activities and public benefit**
## **Objectives**
The objective of the Trust is to advance the understanding of the Christian faith amongst school children in the Watford area, in conjunction with the local churches. The Trust uses the working name ‘Watford Schools Trust’.
## **Public benefit**
In setting the objectives and planning the activities for the year, the trustees have given careful consideration to the Charity Commission’s guidance on public benefit including the supplementary guidance relating to the advancement of religion. The trustees consider that the activities undertaken by the Trust further the charity’s purposes for the public benefit in particular through contributing to the spiritual and moral education of children, and through raising awareness and understanding of Christian beliefs and practices.
## **Activities**
The principal activities undertaken by the Trust to meet its objectives include:
- the provision of lessons and assemblies to primary schools within the Watford area to support and complement the Christian aspects of the Hertfordshire Religious Education syllabus and scheme of work;
- the development of resources and lesson plans to assist teachers in their delivery of Christian education in schools; and
- the delivery of specific programmes or activities for schools which have been developed by other relevant organisations and support the aims of the Trust including ‘It’s Your Move’ and ‘ExploRE’
## **Structure, governance and management**
## **Formation and constitution**
The Trust was formed on 11[th] January 1992 and was registered as a charity by the Charity Commission on 12[th] May 1992 (registered charity number 1010876).
## **Organisation and management**
The Trust is governed by the Board of Trustees who meet approximately six times a year to manage the affairs of the Trust, set the strategic direction for the future, ensure appropriate policies and procedures are in place to support the operational running of the charity and to pray for its work.
The trustees delegate the day-to-day activities of the charity and the provision of services to the staff team, under the guidance and support of one of the trustees who is designated line manager. However, key decisions relating to the application of resources for unplanned activities or the strategic direction of the charity are approved by the Board directly.
There are currently five trustees serving on the Board. The trustees are not entitled to and did not receive any remuneration during the year. The trustees give their time and expertise freely in support of the charity’s work.
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## **Watford and District Schools Christian Worker Trust**
New trustees are selected when there is a need for additional expertise and experience. New trustees may be recruited by advertisement amongst supporting churches or be recommended by an existing trustee or supporter. New trustees are appointed by a majority vote at the trustees’ meeting.
## **Policies and principles**
Until August 2023, the Trust was a Local Mission Partner of Scripture Union. Through its association with Scripture Union, the Trust committed itself to their statement of objectives, principles and practice recommended for schools work. This included the following:
1. to recognise schools to be places of education and to seek to work with them in appropriate ways;
2. to make a positive contribution to the whole school community;
3. to assist pupils to evaluate Christianity as a way of life;
4. to recognise the importance of a strategic, long term approach;
5. to work in conjunction with, and mindful of, the school staff;
6. to show respect for school administration, staff and parents and never knowingly undermine them; and
7. to teach Christian principles while not promoting denominations.
In addition, the trustees have adopted the following additional policies:
8. to ensure that staff are recognised by Scripture Union under its Mature Scheme and to take advantage of the resources and training of this inter-denominational body which has considerable expertise in working in schools and churches;
9. to ensure that the trustees represent a broad range of expertise relevant to the objectives of the Trust;
10. to work in co-operation with churches in the Watford area; and
11. to focus mainly on establishing work in primary schools.
During 2022, Scripture Union asked all of their Mission Partners to sign a Memorandum of Understanding which described the respective responsibilities of Scripture Union and the Mission Partner. This included a commitment to work within their newly developed ‘Revealing Jesus’ framework. After considerable engagement and discussion with Scripture Union the Trustees regrettably decided that aspects of this framework (particularly in relation to long term discipleship) were not possible for the Watford Schools Trust to deliver within their charitable objectives and available resources, and as such they agreed amicably that the mission partnership would end with effect from August 2023.
The Trust’s policies and principles remain in line with those outlined above.
- 5 -
## **Watford and District Schools Christian Worker Trust**
## **Statement of trustees’ responsibilities**
The trustees are responsible for preparing the Trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland”.
The law applicable to charities in England, Wales and Scotland 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 of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently
- observe the methods and principles in the Charities SORP
- make judgements and estimates that are reasonable and prudent
- state whether applicable accounting standards have been followed
- 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 that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and reports) Regulations 2008. 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.
## **Achievements and performance**
This has been another great year for the Trust with a larger team in place and the opportunity to engage with schools and churches across Watford, reaching over 20,000 children through lessons, assemblies, ExploRE and other activities, and resourcing teachers and others with our online resources.
## **Lessons and assemblies**
The delivery of lessons and assemblies about different aspects of the Christian faith, in-line with the Hertfordshire syllabus of Religious Education, is the core way in which we meet our charitable objectives. In 2023/24 we delivered just under 400 lessons in schools across the Watford area (excluding It’s your move and special events).
As well as our ‘in-person’ work, we continue to publish online versions of our lessons and assemblies, which can be used not only by schools we work with regularly but also by a much wider group of people than we could normally reach through our work. We now have a full suite of video lessons (c. 30 topics) and assemblies (c.10 topics) covering all of our regular teaching topics. These have now been viewed over 6,300 times.
- 6 -
## **Watford and District Schools Christian Worker Trust**
We continue to deliver our usual schedule of lessons, as well as to respond to requests from schools when we are able to.
Christmas lessons are always a particular favourite; this year we offered a range of lessons to different year groups including teaching children about the Christmas story (Year 2), Gifts at Christmas (Year 3), and the meaning of the incarnation through the Christmas story (Year 6). We are fortunate to use many visual aids including our knitted nativity set and real Frankincense and Myrrh to look at and smell.
We also offered Christingle lessons and assemblies to any year groups that schools requested, giving them a chance to explore this Christmas tradition – this year ably assisted by Chris the Christingle Puppet, who proved a massive hit with children and staff alike.
- 7 -
## **Watford and District Schools Christian Worker Trust**
## **ExploRE (formerly PrayerSpace)**
ExploRE stands for ‘Exploring Religious Education’ and is an opportunity for children to explore their ideas about God, the world/other people, and themselves. We do this through a series of interactive activities which are creative and encourage personal reflection on issues such as forgiveness, injustice, thankfulness, big questions, identity and stillness. ExploRE is run over a week, and reaches not only all the children in the school, but is often a great point of connection with teachers, other staff and parents too.
We were able to run ExploRE in two schools, one in Summer term 2023, one in Autumn term 2023. In Spring term 2024 we tried doing things a little differently, working with St Luke’s Watford, to give even more children and schools the chance to experience the event. In February 2024 we were delighted to be able to offer 7 classes of school children (from two local schools) and several community groups the opportunity to consider some big questions about themselves and God. St Luke’s took the opportunity to invite other people from their wider church community with people of all ages, faiths, experiences and backgrounds thinking about themselves, the world and God in a new way. Many people commented on how the prayer stations provoked deeper thoughts and reactions than they might have expected. Many seeds were sown! Across all three ExploRE events, more than 500 school children took part, plus other members of the school and church communities.
- 8 -
## **Watford and District Schools Christian Worker Trust**
_“The children had the chance to reflect on their time and share their thoughts. They were full of excitement and had so many positive comments to share. Some of the students loved the small paper figures. Others were drawn to the blue thumb, which symbolised how special and unique each of us is. The calm corner was also a favourite, as it provided a peaceful space for reflection and prayer. And let's not forget sitting in a cardboard box and reflecting on what it would be like to live in.” St Mary’s CofE Primary School, Rickmansworth_
## **It’s Your Move**
It’s Your Move is a workshop we deliver to year 6 pupils to support them as they move up to secondary school, and help them to understand the difference God makes in their lives – this is based on a book produced by Scripture Union. As with previous years we were delighted that churches across Watford generously contributed to the purchase of books for the children at their local schools.
In Summer term 2023 we were able to visit around 1,700 children in 76 schools to help them think about the transition to secondary school and to help them understand that God is within them through the time of change.
## **Resources**
All our lesson and assembly resources are available to teachers and parents online, as well as giving schools and supporters an easy way to keep up-to-date with our work.
## **Other matters**
The objective of the Trust is to give every schoolchild a clear understanding of the Christian faith and the trustees believe that the activities outlined have contributed towards that objective. Large numbers of schoolchildren have heard assemblies and taken part in lessons and workshops. The schools’ workers have answered questions put to them by the teaching staff in the schools and so have enabled them to gain in confidence in teaching the Christian content of Religious Education.
- 9 -
## **Watford and District Schools Christian Worker Trust**
The trustees confirm that they have identified the major risks to which the charity is exposed, and have reviewed the systems and procedures to manage those risks .
The trustees are also responsible for ensuring that all employees, trustees and volunteers have the appropriate DBS checks. New employees are taken on subject to these checks being made.
We are grateful to our supporters – both churches and individuals – for their continued generosity, particularly in the face of economic challenges and the cost of living crisis.
## **Financial review**
Total income for the year was £37,303 (2022/23 £57,948), comprising £32,346 (2022/23 £54,037) voluntary donations towards the day-to-day running of the Trust (received from both individuals and churches; £4,214 (2022/23 £3,911) comprising restricted voluntary donations of £2,233 towards the provision of ‘It’s Your Move’, £315 income relating to ExploRE, and £1,665 for the provision of bibles for schools; £60 interest income received (2022/23 £54); and £683 (2022/23 £500) raised through other trading (fundraising) activities.
Prior year income was significantly higher due to a one-off donation from Leavesden Road Baptist Church of £30,000 as part of their legacy following the closure of the church. In addition to regular gifts, donation income included over £1,000 funds raised in relation to the Pharisee in a Day event organised on behalf of the Trust by Sarah Moreton, of Joyful Noise choir (and a former worker for the Trust), and to whom we express our heartfelt thanks. It also incorporated a gift of £1,665 from Croxley Green Baptist Church to enable the Trust to purchase bibles for local primary schools.
Fundraised income reflects funds raised by Alison Harvey who faithfully sells hanging baskets in aid of the Trust and to whom we are extremely grateful, and Maureen Hider who sold various cards and other branded items.
Total expenditure in the year was £44,213 (2021/22 £37,847), reflecting a full year of costs in relation to the additional schools worker (started in December 2022, i.e. 4 months’ costs in the prior year), along with additional travel expenses. However, the previous year also incorporated a one-off cost of relocating our storage shed from Garston Community Church to North Bushey Baptist Church.
The employment costs covered four employees working part-time for a whole year. There were no employees with emoluments greater than £60,000.
We generated an overall deficit in the year of (£6,910) (2022/23 surplus of £20,101, as we intentionally ‘drew down’ on the benefit of the large gift received in the previous year to fund the additional schools worker post. Total reserves therefore reduced to £31,320 as at 31[st] March 2024 (2022/23 £38,230). The total reserves figure was made up of unrestricted funds of £29,415 (including the value of expenditure to date on the Portacabin of £2,936 reflected in designated funds), and restricted funds of £1,905 including £240 relating to monies available to be spent in the Carpenders Park area and £1,665 for the purchase of bibles for schools.
During the previous year we spent £2,936 on costs relating to obtaining planning permission to install a portacabin at North Bushey Baptist Church, and preparing the site for installation. These costs have been capitalised, and will be amortised over the life of the asset once it is in a
- 10 -
## **Watford and District Schools Christian Worker Trust**
condition for use. A designated fund has been set up within unrestricted funds to reflect the value of the asset, as it is not easily convertible into cash and therefore should not be considered part of free reserves. No further expenditure was incurred during the year due to timing of planning permission and other legal activities, but the portacabin was purchased and installed after the balance sheet date, and depreciation will be charged in future years.
Therefore at 31[st] March 2024, unrestricted general funds were £31,320 (2022/23 £38,230) approximately equal to 8 months’ forward expenditure. General reserves are held to ensure that our work in schools may be continued and contractual commitments to staff, premises and other partners can be met in the case of a decline in income.
Our target level of reserves is 6 months’ forward expenditure, and the trustees took the decision to employ an additional schools worker in light of the extra financial support received in the previous year. They also anticipated using some of these funds to purchase a portacabin for use as office space, subject to appropriate contractual arrangements being made (this took place after the balance sheet date). The Trustees consider the charity has adequate resources to continue to operate for the foreseeable future and as such have prepared the accounts on a going concern basis.
## **Volunteer involvement**
The Trust continues to benefit from a number of volunteers from local churches across Watford who assist the team with providing lessons, assemblies and other special activities including ‘ExploRE’ and ‘It’s Your Move’. The contribution of volunteers is essential and we are hugely grateful to all those who support the work of the Trust with such energy and enthusiasm.
## **Appreciation**
We are very grateful to North Bushey Baptist Church who have facilitated us having space to store our resources, and have provided temporary meeting space for our staff. During the year we continued to work with NBBC to enable the installation of a portacabin office on their land, and this eventually took place after the balance sheet date.
We would like to express our thanks to our independent examiner, Elizabeth Vis.
We record our appreciation for current and former members of staff. Thank you for all you have done for the Trust and for the way you give of yourselves in support of the cause.
Finally we would like to thank our supporting churches and individuals. Your faithful support, both in giving and in praying is the foundation on which our whole work is built. Without you there would be no Trust.
On behalf of the Trustees
Rev. Maureen Hider Chair
- 11 -
## **Watford and District Schools Christian Worker Trust**
## **Independent Examiner's Report to the trustees of the Watford and District Schools Christian Worker Trust**
I report on the accounts of the Watford and District Schools Christian Worker Trust (Charity no. 1010876) for the year ended 31[st] March 2024, which comprise the Statement of Financial Activities, the Balance Sheet and the related notes set out on pages 11 to 16.
## **Respective responsibilities of trustees and independent examiner**
The charity's trustees are responsible for the preparation of the accounts. They consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
1. examine the accounts under section 145 of the Charities Act;
2. follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act; and
3. state whether particular matters have come to my attention.
## **Basis of 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 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 I do not express an audit opinion on the accounts.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention
1. which gives me reasonable cause to believe that in, any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act; or
- to prepare accounts which accord with these accounting records
- 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.
## Elizabeth Vis
Elizabeth Vis (Nov 13, 2024 09:11 GMT)
Elizabeth Vis FCA 2 Lower Paddock Road Oxhey Village Watford Hertfordshire WD19 4DS
- 12 -
## **Watford and District Schools Christian Worker Trust**
## **Statement of Financial Activities for the year ended 31st March 2024**
|**2023/24**
**2023/24**
**2023/24**
**Unrestricted**
**Restricted**
**Total**
_Notes_
**£**
**£**
**£**
**Income from**
Donations and legacies
32,346
4,214
36,560
Interest
60
60
Other trading activities
683
683
**Total income**
**33,089**
**4,214**
**37,303**
**Expenditure on:**
Charitable activities
41,604
2,609
44,213
Raising funds
-
-
-
**Total expenditure**
_2_
**41,604**
**2,609**
**44,213**
**Net income/(expenditure)**
**(8,515)**
**1,605**
**(6,910) **
**Net movement in funds**
**(8,515)**
**1,605**
**(6,910) **
**Reconciliation of funds:**
_8_
**Funds brought forward at 1 April 2023**
37,930
300
38,230
**Funds carried forward at 31 March 2024**
**29,415**
**1,905**
**31,320**|**2022/23**
**2022/23**
**2022/23**
**Unrestricted**
**Restricted**
**Total**
**£**
**£**
**£**
53,483
3,911
57,394
54
-
54
500
-
500|
|---|---|
||**54,037**
**3,911**
**57,948**|
||33,876
3,971
37,847
-
-
-|
||**33,876**
**3,971**
**37,847**|
|||
||**20,161**
**(60)**
**20,101**|
|||
||**20,161**
**(60)**
**20,101**|
||19,061
**360**
**18,129**|
||**37,769**
**300**
**38,230**|
- 13 -
## **Watford and District Schools Christian Worker Trust**
## **Balance Sheet as at 31st March**
|_Notes_
**Fixed assets**
Assets under construction
_3_
**Total Fixed Assets**
**Current assets**
Debtors
_4_
Cash at bank and in hand
**Total Current assets**
**Creditors: amounts falling due within one year**
_5_
**Net current assets**
**Total net assets**
**The funds of the charity**
Unrestricted funds
_8_
Restricted funds
_8_
**Total charity funds**|**2024**
**£**
**2,936**
**2,936**
**3,896**
**25,386**
**29,282**
**(898)**|**2023**
**£**
**2,936**|
|---|---|---|
|||**2,936**
**4,738**
**31,098**|
|||**35,836**
**(542)**|
||**31,320**|**35,294**|
||**31,320**
**29,415**
**1,905**
**31,320**||
|||**38,230**|
|||**37,930**
**300**|
|||**38,230**|
Approved by the trustees and signed on their behalf:
## Joanna Woolcock
Joanna Woolcock (Nov 12, 2024 22:40 GMT) Joanna Woolcock (Treasurer)
- 14 -
## **Watford and District Schools Christian Worker Trust**
## **Cash Flow Statement as at 31st March**
|**Cash Flow Statement as at 31st March**|||
|---|---|---|
|_Notes_
**Cash flows from operating activities**
Net cash provided by/(used in) operating activities
_a_
**Cashflows from investing activities**
Purchase of tangible fixed assets
Change in cash and cash equivalents in the reporting period
Cash and cash equivalents at the beginning of the reporting period
**Cash and cash equivalents at the end of the reporting period**
**a. Net income / (expenditure) for the reporting period (as per the**
**statement of financial activities)**
**Adjustments for:**
Decrease/(Increase) in debtors
Increase/(decrease) in creditors
**Net cash provided by / (used in) operating activities**|**2024**
**£**
(5,712)
**-**
(5,712)
31,098
**25,386**
**(6,910)**
843
355
**(5,712)**|**2023**
**£**
16,809
(2,936)
13,873
17,225|
|||**31,098**|
|||**20,101**
(3,270)
(22)|
|||**16,809**|
- 15 -
## **Watford and District Schools Christian Worker Trust**
## **Notes to the accounts for the year to 31st March 2024**
**1. Accounting policies**
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements is as follows:
## _**Basis of accounting**_
The Watford and District Schools Christian Worker Trust is a public benefit entity; these accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (effective 1 January 2015) (the SORP), Financial Reporting Standard 102 and the Charities Act 2011. The accounts are prepared under the historical cost convention as modified for the revaluation of investments.
The trustees have a reasonable expectation that the charity has adequate resources to continue its activities for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
## _**Financial instruments and financial liabilities**_
The charity only has financial instruments of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
## _**Income**_
All income is accounted for in the Statement Of Financial Activity when the Charity is legally entitled to the income, it is probable that the income will be received, and the amount can be quantified with reasonable accuracy.
Donations and gifts are accounted for when received. Tax recoverable on donations to which gift aid has been applied is accounted for on an accruals basis.
## _**Expenditure**_
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Advantage has been taken of exemptions available under paragraph 4.22 of the Charities SORP (FRS 102) not to report expenditure on an activity basis. Expenditure has therefore been reported based on the nature and type of the costs incurred.
## _**Fund Accounting**_
**General funds –** these are funds given freely to the charity that can be applied at the discretion of the trustees in accordance with the charitable objectives of the Trust.
**Restricted funds –** these are funds received for undertaking an activity specified by the donor when making the gift, or may result from the terms of an appeal for funds.
## _**Operating leases**_
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis.
## _**Tax**_
The Watford and District Schools Christian Worker Trust as a registered charity is exempt from tax under Chapter 3 of Part 11 to the Corporation Tax Act 2010 or Section 256 of the Taxation for Chargeable Gains Act 1992, to the extent surpluses are applied to its charitable purposes.
## **Fixed Assets**
Capital expenditure in excess of £1,000 is recognised as a fixed asset and depreciated over the useful economic life of the asset. Amounts less than £1,000 are expensed in the year of acquisition through the Statement of Financial Activity.
- 16 -
## **Watford and District Schools Christian Worker Trust**
## **Notes to the accounts for the year to 31[st] March 2024 (continued)**
## **2. Total Expenditure**
|Staff costs
Resource materials
Travel expenses
Training
Communications
Storage facilities
Insurance
Printing, stationery and postage
IT & Tech Support
Other expenditure
**Expenditure on charitable activities**
**Fundraising expenditure**
**Total Expenditure**
**3.**
**Fixed Assets**
**Cost**
At 1 April 2023
Additions
Disposals
At 31 March 2024
**Accumulated amortisation**
At 1 April 2023
Charged in the year
At 31 March 2024
**Net Book Value**
At 1 April 2023
At 1 March 2024|**2023/24**
**2023/24**
**2023/24**
**Unrestricted**
**Restricted**
**Total**
**£**
**£**
**£**
38,045
184
38,229
854
2,425
3,279
1,250
1,250
-
-
458
458
54
54
323
323
137
137
-
-
483
483
**41,604**
**2,609**
**44,213**
**-**
**-**
**-**
**41,604**
**2,609**
**44,213**|**2022/23**
**2022/23**
**2022/23**
**Unrestricted**
**Restricted**
**Total**
**£**
**£**
**£**
30,960
1,190
32,150
509
2,781
3,290
440
440
85
85
484
484
620
620
329
329
99
99
75
75
275
275|
|---|---|---|
|||**33,876**
**3,971**
**37,847**|
|||**-**
**-**
**-**|
|||**33,876**
**3,971**
**37,847**|
|||**2024**
**2023**
2,936
**-**
-
2,936
**-**
**-**|
|||**2,936**
**2,936**|
|||-
-
-
-|
|||-
-|
|||2,936
-|
|||**2,936**
**2,936**|
The total value of fixed assets represent assets under the course of construction with additions in the prior year reflecting costs incurred in obtaining planning permission and preparing the land for the installation of a portacabin. The portacabin was purchased and installed after the balance sheet date. Therefore no depreciation was charged during the year as the asset remained under construction at the balance sheet date.
- 17 -
## **Watford and District Schools Christian Worker Trust**
|**4.**
**Debtors**
Accrued income
Prepayments
**5.**
**Creditors: amounts falling due within one year**
Accruals
**6.**
**Staff costs**
Wages and salaries
Employers’ Pension Contributions
**Average head count (number of staff employed) during the reporting period:**
Schools workers
Administrators|**31 March**
**2024**
**£**
3,676
219
**3,896**
**31 March**
**2024**
**£**
898
**898**
**2023/24**
**£**
37,116
1114
**38,229**
**No.**
3
1
**4**|**31 March**
**2023**
**£**
4,468
270|
|---|---|---|
|||**4,738**|
|||**31 March**
**2023**
**£**
542|
|||**542**|
|||**2022/23**
**£**
31,280
870|
|||**32,150**|
|||**No.**
3
1|
|||**4**|
No employees received employee benefits (excluding employer pension costs) of more than £60,000 during the year (2023: nil)
The trustees, who are also the only key management personnel, are not entitled to and did not receive any remuneration or other benefits during the year (2023: £nil). Two trustees (2023: one trustee) claimed expenses of £178 (2023: £122)
## **7. Related Party Transactions**
There were no related party transactions during the year (2023: £nil).
## **8. Reconciliation of Funds**
|**Restricted Funds**
It’s Your Move
Prayer Space
Carpenders Park Fund
Bibles Fund
**Total Restricted Funds**
Designated funds
General funds
**Total Unrestricted Funds**
**Total Funds**|**1 April 2023**
**Income**
**Expenditure**
**31 March 2024**
**£**
**£**
**£**
**£**
-
2,234
(2,234)
-
-
315
(315)
-
300
-
(60)
240
-
1,665
-
1,665|
|---|---|
||**300**
**4,214**
**(2,609)**
**1,905**|
||2,936
-
-
2,936
34,994
33,089
(41,604)
26,479|
||**37,930**
**33,089**
**(41,604)**
**29,415**|
|||
||**38,230**
**37,303**
**(44,213)**
**31,320**|
- 18 -
**Watford and District Schools Christian Worker Trust**
- 19 -
## WST 2023-24_final
Final Audit Report
2024-11-13
Created: 2024-11-12 By: Joanna Woolcock (joanna.woolcock@churchofengland.org) Status: Signed Transaction ID: CBJCHBCAABAAbmdppk_ho09ldlnEECsa8gJ4UZtY5aUD
## "WST 2023-24_final" History
- Document created by Joanna Woolcock (joanna.woolcock@churchofengland.org)
2024-11-12 - 10:38:21 PM GMT
- Document emailed to chair@watfordschoolstrust.org for signature
2024-11-12 - 10:38:26 PM GMT
- Document emailed to elizabeth.vis@icloud.com for signature
2024-11-12 - 10:38:26 PM GMT
- Document emailed to Joanna Woolcock (joanna.woolcock@churchofengland.org) for signature
- 2024-11-12 - 10:38:26 PM GMT
- Document e-signed by Joanna Woolcock (joanna.woolcock@churchofengland.org) Signature Date: 2024-11-12 - 10:40:03 PM GMT - Time Source: server
- Email viewed by elizabeth.vis@icloud.com
2024-11-13 - 9:11:08 AM GMT
- Signer elizabeth.vis@icloud.com entered name at signing as Elizabeth Vis 2024-11-13 - 9:11:45 AM GMT
- Document e-signed by Elizabeth Vis (elizabeth.vis@icloud.com) Signature Date: 2024-11-13 - 9:11:47 AM GMT - Time Source: server
- Email viewed by chair@watfordschoolstrust.org
2024-11-13 - 2:38:44 PM GMT
- Signer chair@watfordschoolstrust.org entered name at signing as Maureen Hider 2024-11-13 - 2:40:52 PM GMT
- Document e-signed by Maureen Hider (chair@watfordschoolstrust.org) Signature Date: 2024-11-13 - 2:40:54 PM GMT - Time Source: server
Agreement completed.
2024-11-13- 2:40.'$4 PM GMT
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