2023-08-31-accounts - Kendrick School Fund

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CHARITY COMMISSION FOR fNGIAND AND WALES Kendrick School Recei ts and ments accounts CC16a For th• pèriod from To 0110912022 3110812023 Section A Receipts and payments Unrestrictod funds Rgstrictod funds th¢ nfrarest£ Endowm•nt funds to Ihe near•sl£ Total funds Last year tothe nearest toth• £ 10 thg rwareJt£ A1 R8c8i GIFfs & DONATDTrIS FUNDRAISING ACTIVITIES BANK INTEREST TAX RELIEF 23.123 79 23,B23 79 31,Q06 20.472 20.472 ross income AR) 44378 44,378 31.010 set an see table . Investment sa es. Total receipts 44.378 4,378 ,010 A3Pa tsnts CHARif( PAYENTs FUNDRAISING ACTIVITIES CHARITABLE PROJECTS SUNDRY ITEMS 23,313 23,313 25,591 1(766 83 16,766 11,000 102 Sub total 40,162 40,162 36,693 A4 Asset and investfflent Sub total 40,162 40,162 36,693 Net of receipts/(payments) A5 Transf•rs between funds A6 Cash funds last year end Cash funds this year end 4,216 4,216 5,68J ,288 34,$04 31 31 34,535 5,68Y CCXX R1 a¢¢ounts ISSI 1211212023

Section B Statement of assets and liabilities at the end of the period Unrestricted funds to nearest£ Restrlcted funds io nearest £ Endowment funds tv noar•st £ 81 Cash funds FUNDS HELD IN BANK 34,$04 31 Total cash funds 34,$04 31 (Jgw baièrreswtth receipi¥ ¥tMJ ¥mer Unrestrlctgd funds R•strlcted funds to rwr•st É Endowment fund$ to noarest £ Details to nearest £ Fund lo whlch asset belon Curront valuo tsonal Details Costl*)pOonall Fund to which asset belr Detalls C06t loptlonall Cuyrnnt valyg B4 Assets retained for the ¢haritys own use Fund towhl¢h reLeS ount du• onal Wh•n du4 tlonal DÈtails B5 Liabilitiès SkJned by ono or trust885 on behaL¢of all Ihe trustees Dale of roval snature Print Name CHRISTINE KATllRTZI 1211212023 NICHOLAS SIMMONDS 1211212023 CCXX R2 aC0ts ISSI 1211212023

CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 0110912022 Period start date To 3110812023 Perlod end date Charity name." KENDRICK SCHOOL Charity registration number: 1040970 Objectives and Activities SORP reference Summary of the purposes of the charity as set out in its governing document Para 1.17 To advance the education of the students at Kendrick School by engaging in activities which support the school and advance the education of the students. To provide and assist in the provision of facilities or edL¢cational items not normallv provided from Statutory funds. The main activities undertaken are set out in greater detail below. Summary of the main activilies in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Para 1.17 and 1.19 During the period from September 2022 to August 2023, donations from the Kendrick School Fund enabled Kendrick School to asslst students undertake a variety of activities and events including.. Counselling services for students Mathematics Olympiad Competition entries Music sessions and concert band facilities School minibus expenses Badges to celebrate achievements. house events and competitions. Books and resources for students to development leadership skills Debating societies and creative expression. Furniture and equipment to support students The trustees confirm that they have complied with the duty in Section 4 of the Charities Act 2006 to have due regard to the guidante ssued by the Charity Commission on public benefit Staternent confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit Para 1.18 Additional information {optional) You may Ghoose to include further statements where relevant about:

SORP refer¢8 Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Othar Achievements and Performance SORP referce The school continues to provide outstanding teaching and learning facilities and resources to its students. Kendrick School remains one of the top state schools in the country and ranked Outstandin8 by OFSTED in November 2022. It will continue to attract voluntary contributions from parents and former students via its Alumni links using newsletters, website and social media. Summary of the main achievements of the charity, identifying the difference Ihe charity's work has made lo the circumstances of its beneficiaries and any wider benefits to society as a whole. Para 1.20 With the funds donated to the school, Kendrick School was able to-. Provide minibus transport. Provide professional psychological guidance and support for mental health through counselling. Promote the joyi well-being, and accomplishment of music, musical theatre, choirs, orchestras and dance. Provide educational equipment and resources to participate in Maths challenges, chess tournaments, poetry anthologies, coronation events, career choices and school publications. Provide opportunities to attend education events. Provide financial support for science scholarships.

Contribute towards capital projects to improve the teaching and learning environment and the health and safety on the site. Additional information {optional) You ma hoose lo include further slalements where relevant aboul.. The trustees are pleased that the Kendrick School was able help fund student tounselling seNices and student activities to enhance their academic and personal goals. Achievements against objectives set Para 1.41 The school was able to raise a small amount for the sale of old school prints still in stock. No other fundraising events were held durin8 2022123 Performance of fundraising activities against objectives set Para 1.41 All balances are held in current account5 for immediate access. Investment performance is dependent on bank interest rates. Investment performance against objectives Para 1.41 Other

Financial Review Review of the Charity s financial position al the end of the period Para 1.21 Kendrick School Fund balance at year end is as expected. Given the large capital donation it made towards the construction and furnishment of a new teaching block, the balance in funds at year end still remains at a minimum level. This was thanks largely to the large Gift Aid receipt. The Trustees will continue to balance the needs of the students at Kendrick School and increasing the School Fund balance at year end. The charity does not maintain a specified level of reseNes. The trustees recognise that typical annual commitments amount to £30k per annum and therefore will ensure that funding and cash reserves are available to meet these on-going commitments. The Kendrick School Fund is not permitted to go overdrawn at the bank. Kelldrick School Fund aims to hold £20k to £30k in reseNe to fulfil its aims of supporting Kendrick School. Expenditure will be adjusted accordir)g to the amounts donated and held in resetves. nla Slalement explaining the policy for holding reserves stating why they are held Para 1.22 Amount of reserves held Para 1.22 Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concern Pa 1.22 Para 1.24 Para 1.23 The charity is mindful of the economic uncertainties cause by the cost of livin8 crisis and inflation which impact on the ability or willingness to donate to the school fund. Additional informatlon (optional) You ma choose lo include further statements where relevanl about.. The charity's main source of funding is through donations made by the parents of Kendrick School whose children are currently at the school. The charity's principal sources of funds (including any fundraising) Pard 1.47 Investment policy and objectives including any social investmeni policy adopt8d Para 1.46 A descriplion of the principal risks facing the charity Para 1.48 Other

Funds held as custodlan trustees on behalf of others Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's objects Details of arrangements for safe custody and segregation of such assets from the charity's own assets School Fund has a deditated bank and financial system to track and monitor income and expenditure. Additional information {optional) Names and addressos of advisers (Optional information) Type of Name Address adviser Name of chief executive or names of senior staff members (Optional information) Exemptions from disclosure Reason for non-disclosure of ke rsonnel details Other o tional information

Names of the Charity trustees who manage the charity Oates aet•d If not for whole ear Trust•e name Offlcfr Ilf any} Nam• of person lor body) entltl¢d toa olnt truste* ifan CHRISTINE KAThIRTZI TRUSTEEI HEADTEACHER OF KENDRICK SCHOOL EX-OFFICIO NICHOLAS SIMMONDS TRUSTEE/ DEPUTY HEADTEACHER OF KENDRICK SCHOOL CHRISTINE KAThIRTZI 10 12 13 14 15 16 17 18 19 20 Cor orate trustees - names of the directors at the date the re Dlrector nom• ortwasa roved Name of trustees holding tille to property belonging to the charity Dates act•d If not for whole ar Trustee nam•

Structure, Governance and Management Description of charity's trusts.. Type of goveming document Para 1.25 Constitution How is the charity constituted? Para 1.25 Trust Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entilled lo appoint one or more trustees Para 1.25 Employed at the school in the capacity of Headteacher and Deputy Headteacher Additional information (optionall You ma choose lo include further statements where relevant aboul.. Policies and procedures of the School Fund are in line with the policies and the procedures adopted by the school. The School Fund is externally audited as part of the DfE Academy Trust Handbook. Policies and procedures adopied for the induction and training of trustees Para 1.51 The charity's organisational structure and any wider network with which the charity works Para 1.51 The Trust of Kendrick School has oversight of the income and expenditure of the School Fund accounts and the accounts form part of the annual external audit. Relationship with any related parties Para 1.51 Other Reference and Administrative details Chariiy name Olher name the chari uses Registered charity number Charity's principal address Kendrick School Fund NIA 1040970 Kendrick School, London Road, Readin& RGI 5BN

Declarations The trustees declare that they have approved the trustges, report above. Signed on bohalf of tho charity's Irustees Signature(s) Full name(s) Position {eg Secretary, Chair, etc) Chflstine Kattirtzi Nicholas Simmonds Trustee <r ¥lSI.. Date 1211212023

Charity Name No (if any) Kendrick School 1040970 Receipts and payments accounts

CC16a

For the period To from 9/1/2022 8/31/2023

Section A Receipts and payments Unrestricted Restricted Endowment funds funds funds

Section A Receipts and payments Unrestricted	Restricted	Endowment
A1 Receipts GIFTS & DONATIONS 23,823 FUNDRAISING ACTIVITIES 79 BANK INTEREST 4 TAX RELIEF 20,472 - - - - 44,378 - - Sub total - Total receipts 44,378 A3 Payments CHARITY PAYMENTS 23,313 FUNDRAISING ACTIVITIES - CHARITABLE PROJECTS 16,766 SUNDRY ITEMS 83 - - - - - Sub total 40,162 - - Sub total - Total payments 40,162 Net of receipts/(payments) 4,216 A5 Transfers between funds - A6 Cash funds last year end 30,288 Cash funds this year end 34,504 funds to the nearest £ *Sub total*(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases, (see table)	to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 31 31 funds	to the nearest £ funds	Total funds to the nearest £ 23,823 79 4 20,472 - - - - 44,378 - - - 44,378 23,313 - 16,766 83 - - - - - 40,162 - - - 40,162 4,216 - 30,319 34,535	Last year to the nearest £
		- - - - - - - - -	23,823	31,006
			79	-
			4	4
			20,472	-
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			-	-
			-	-
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			44,378	31,010

		- - -	-
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		-	44,378	31,010

		- - - - - - - - - -	23,313	25,591
			-	-
			16,766	11,000
			83	102
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			40,162	36,693

		- - -	-
			-
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		-	40,162	36,693

	-	- - - -	4,216	- 5,683
	-		-	-
	31		30,319	-
	31		34,535	- 5,683

Section B Statement of assets and liabilities at the end of the period

Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees	Details FUNDS HELD IN BANK Details Details Details Details Signature *Total cash funds* (agree balances with receipts and payments account(s))	to nearest £ to nearest £ 34,504 31 - - - - 34,504 31 OK OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name CHRISTINE KATTIRTZI NICHOLAS SIMMONDS Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional)	to nearest £ Endowment funds
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			OK
			to nearest £ Endowment funds
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			-
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			Current value (optional)
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			Current value (optional)
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			When due (optional)






			Date of approval
		CHRISTINE KATTIRTZI	12/12/2023
		NICHOLAS SIMMONDS	12/12/2023