ANNUAL REPORToftheTOUCHEN ENDTRUST for the year 2024 {Registered Charity NO: 1040305} Alms of the Trust The Touchen End Trust was set up in the mid-196$ to assist Church of England schools in the Deanery of Maidenhead and Windsor to obtsin and retain staff in an area of high housing costs, by offering teachers at such schools accommodation at preferential rents in the three cottages owned by the Trust. These cottages originally formed part of a development consisting of a church, a school and a th schoolhouse, constructed and paid for by the parishioners of Bray in the mid-19 century. After conversion into cottages in the 1960's, a terrace of three was disposed of leaving three remaining, which now belong to the Trust. As well as providing reduced rent accommodation, the Trust can offer financial help to schools to purchase particular items which the Local Authority would not be willing to pay for. Trustees RevAlnsleySwrt The Vicarage, Bray, Maidenhead, SL6 2UB Mrs Lynn Olney* 2 Medallion Place, Maidenhead, SL6 ITF Mrs Helen Peorson, 56 Springfied Park, Maidenhead, SL6 2YN Propertles owned (at Touchen End, Holyport, Maldenhead, SL6 3JS) Church Cottoqe rwo•bedroom house wfth gamqe Trfnlty House Three-bedroom house wlth qon7ge School House Twfrbedroom house wlth extra downstolrs room Rentals When any property becomes available, the trustees circulate as many as necessary of the C of E schools in the Deanery to see if any teacher would like to take up the offer. If there is no response, the properties can then be let to other people, but at rnarket rents. Durlng 2024: Church cottage continued to be occupied by Ms Sally Hackett, a teaching assistant at a local C of E school. TrfnltyHouse continued to be occupied by Miss Hayley Canning, a teacher at a local C of E school School House continued to be occupied by Miss Lorraine O'Neill, a teacher at a local C of E school.
Donations During 2024 there were no donations made to local schools. Funds There were no major capital projects in 2024. Other than administrative costs, expenditure during the year consisted solely of routine maintenance and minor repairs to the cottages. The Trusys investment in the COIF increased in value by £2,974. Overall, the net assets of the Trust increased by £6,831 to £249,289. A copy of the Trust's accounts is attached. Bill Banks {Hon Clerk to the Trustees) Date Ainsley Swift (Trustee)....... Helen Pearson rfrustee)... ..
TOUCHEN END TRUST (Reglstered Charlty No: 1040305) INCOME & EXPENOITURE AccouKr For the year endlng 31 December 2024 2024 2023 Recelpts Rent COIF Deposit Fund interest uiviaenas rrom Lulp invesimeni funa 20,047.27 4,537.40 17,746.48 2,741.83 i,tsiJ.yo 28.249.1 24,102.29 LESS Insurance (I,bS15.58j (3,881.201 Repairs and Improvements Council Tax and utilities on ernpty Cottage Management fees {Prospect) Other fees Donation to local schools (I,J3b.bUj (2,855.30) (3,281.77) { 569.60) (15,(M)O.ooJ (2,874.93) (342.00) Total 124,391.15) 17,408.83) Capital gain/(loss) from COIF investment fund Write off old asset balance 2,973.84 11,078.77 {10,363.lJ)) Surplus / (deflclt) 6,831.75 17,409.23 BAIANCE SHEET as at 31 December 2024 Cash in Lloyds current account 19,248.39 COIF Deposit Fund balance 95,422.60 COIF Charities Investment Fund (mid-market value) 134,617.63 23,592.27 87,220.81 131,643.79 249.288.62 Represented bv: Funds at l January 2024 Surplus / (deficit) for the year 242.546.87 242,456.87 6,831.75 225,047.64 17,409.23 249,288.62 242.456.87 W R Banks Date 11 I have compared the above accounts with the vouchers and bank statements provided to me and confirm that they are in accordance therewith J Tucker (Independent examiner) Date li 1011
TOUCHEN END TRUST (Reglstered Charlty No: 1040305) INCOME & EXPENOITURE AccouKr For the year endlng 31 December 2024 2024 2023 Recelpts Rent COIF Deposit Fund interest uiviaenas rrom Lulp invesimeni funa 20,047.27 4,537.40 17,746.48 2,741.83 i,tsiJ.yo 28.249.1 24,102.29 LESS Insurance (I,bS15.58j (3,881.201 Repairs and Improvements Council Tax and utilities on ernpty Cottage Management fees {Prospect) Other fees Donation to local schools (I,J3b.bUj (2,855.30) (3,281.77) { 569.60) (15,(M)O.ooJ (2,874.93) (342.00) Total 124,391.15) 17,408.83) Capital gain/(loss) from COIF investment fund Write off old asset balance 2,973.84 11,078.77 {10,363.lJ)) Surplus / (deflclt) 6,831.75 17,409.23 BAIANCE SHEET as at 31 December 2024 Cash in Lloyds current account 19,248.39 COIF Deposit Fund balance 95,422.60 COIF Charities Investment Fund (mid-market value) 134,617.63 23,592.27 87,220.81 131,643.79 249.288.62 Represented bv: Funds at l January 2024 Surplus / (deficit) for the year 242.546.87 242,456.87 6,831.75 225,047.64 17,409.23 249,288.62 242.456.87 W R Banks Date 11 I have compared the above accounts with the vouchers and bank statements provided to me and confirm that they are in accordance therewith J Tucker (Independent examiner) Date li 1011