CHARITY COMMISSION I FOR ENGLAND AND WAIES Trustees, Annual Report for the period From 0110412022 (Period stsrt date) to 3110312023 {Poriod end date) Charfty name: Sibsey Free School Fund Charlty registratlon number:1048363 Objectives and Activities SORP reference Summary ofthe purposes of the charity as set out in its governing document Para 1.17 The school fund exlsts to provide additlonal matertals and opportunitles to enhance the learning experiences of Chlldren attendin the school. The fund 1$ used to provlde items for the children over and above those provided through the school's delegated budget. It Is also used for subsidiary funds. Summary oflhe main artivities in relation to those purposes for Ihe public benefit. in particular. the activities, projects or services identified in the accounts. Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit Par8 1.17 and 1.19 Par81.18 Our trustee$ are aware of the guldelines for being a charity trustee and adhere to thls guidance In their roles. Addltional information (optionall You ma choose to include further statements where relevant about-. SORP referencè NIA P8r4 1.38 Policy on grant making Records kept accordingly to track all income and expendlture. Para 1.38 Policy on sockql investment including program related investment Contributions to the fund are predominantly voluntary. P8ra 1.38 Contribution made by volunteers other Achievements and Performance SORP ￿fere￿e The maln goal of our work is to provide educatlonal resources and opportunltles for children at the school, over and above our delegated funds. Summary ofthe main achievements of the charity, identifying the drfference the charity's work has made lo Ihe circumstances of ils beneficiaries and any wider benefrts to society as a whole. Fara 1 ￿0 Addltlonal information (optional) You ma choose lo include further stalements where relevant about= To Improve learning outcomes for the beneflt of all children attendlng the settSng. Achievemenls against objectives sel Para 1.41 The trustees ensure that expenditure does not exceed income. Objectlves are set proportionate to Income raised. Perfomance of fundraising activilies against objectives set Parn 1.41 Investment performance against objectives Par8 1 41 other Financial Review Review of the charity's financial position at the end of the eriod Statement explaining the policy for holding reserves statin wh the are held Amount of reserves held Para 1.21 A¢counts audited annually by Suitable external auditor and approved by the oVernin￿bOd A small reserve is held In the account for any unexpected costs. Pata 1.22 Pora 1.22 A provisional figure of £1 k is held In reserv8. Reasons for holding zero reserves Details of fund materially in deficil Explanation of any uncertainties about the charity continuing as a going concern Para 1.22 nla Par8 1.24 nla Para 1.23 nla Additional information loptionall You ma choose lo include further slalemenls where relevant about.. Prlncipal source of incorne 15 through parental contribution5 and donallons to the school fund. The charty's principal sources of funds {including any fundraising) Para 1.47 School Fund constftutlon held on record detsiling examples of expenditure. Investment policy and objective5 including any social investment policy adopted Paro 1.46 No overdraft facility exists th•refore there is no risk of financial overspending. Income & expendlture regularly monitored to avold the risk of overspending. Purchases over£2SO requlre the approval of the Chair of the Governin Bod A description of the princtpal risks facing the charty Par8 1.46 Other Structure, Governance and Management Description of charity's Irusts.. Type of governing document Itrusl deed. royal charter How is the charity constituted? Para 1.25 Constltutlon P8r8 1.25 A trust association CIOI Trustee setection methtsls including details of any conslitulional provisions e.g. eleclion lo post or name ol any person or body entil￿d to appoint one or more trustees Para 1.25 Trustees appointed to post by the governing body. Addltional informatlon (optional) You ma choose lo include further statements where relevant about.. Relevant Information supplied to trustees at time of appointmonL POI￿leS and procedures adopted for the induction and training of trustees Para 1.51 Trustees ar& member of the school's governing body. The charity's organisational structure and any wider network wilh which the charity works P8r8 1.51 nla Relationship with any related parties Para 1.51 Other Reference and Administrative details Charil name Other name the charit uses Re istered chari number Charity's principal address Sibse none 1048363 Sibsey Free Primary School Old Main Road Sibsey Lincs PE22 ORR Free School Fund Names of the charlty trustees who manage the charity Oatss aeted If not for whole ar Trustee name Office Irf any) Name of pérson lor body) entlued int trustee llon Sibsey School Governing Paul Cathrighl Chair of Governors Graeme Wright Head Teacher Sibsey School Governing 10 11 12 13 14 15 16 17 18 19 20 Coi orate trustees- names of the directors at the dale the re Director name rt was a roved Name of truslees holding title to property belonging lo the charity Datss acted If notforwhole Tru8tee name Funds held as custodian trustees on behalf of others Descriplion of the assets nl8 held in Ihis capacty Name and objects of Ihe chartty on whose behaw the assets are held and how this falls within the ￿Stod￿n charity's objects nla Delails of arrangements for safe custody and segregalion of such assets from the charity's own assets Additional information loptional} Narnes and addresses of advisers (Optional infomiallon) Type of Name Addre55 adviser Name of chlef executive or name$ of senlor staff members (Optional information) Exemptions from disclosure Reason for non-disclosure of ke ersonnel details Other o tional information Declarations The trustees declare that they have approved the trustees, report above. Slgned on behalf of the charity's trustees Signaturels) G. Wright Full name{s) Posltion (eg Secretary. Chair, etc Paul Cartwright Chair Graemè Wright Head Teacher Date 1610612023 NOTIFICATION OF AUDITED ACCOUNTS OF THE SCHOOL FUND TYPE: CALENDARIFINANCIAUACADEMIC. YEAR.. 252 I certrfy Ihal the school fund has been maintained in accordance with the advice/ inslrvctions given by the Director of Education & Cultural Services. A copy of the audited slalemenl of the fund has been passed to the Chairman of the Governors. A copy wlliwill not" be displayed on the school nolic8board. The following information is a correct summary of the Iransaotions during the accwnting period:_ Balance brought forward as at 31. 3. loA£ {dale} 9749.39 31495 . 3ts Add Receipts during the accounting perlod Less Payments during the accounting period Balance ¢arrled forward as at 31 . 3. 20 IS (date) DATE: f,6-2o13. DECLARATION BY THE SCHOOL FUND AUDITOR SIGNEO I certify that the slalemenl of account for the school fund for the period ending 2IL2023 has been audited by me in accordance with the advice given by the Director of Educalion & Cultural Services and that the ir)formation shown above is correct. SIGNED.. DATE.. .6 202S PROFESSION.. DECLARATION BY THE CHAIRMAN OF GOVERNORS I certify that the slalement of account referred lo above. with the Gertrficale of the school fund auditor attached lo il, has been received by the School Governors at their meeling held on (date) SIGNED.. DATE.. When con7pleted please return to.. Schools Finance Te8m, Education & Cultural Services Direclorale, Lincolnshire County Council, ￿e￿and, tsncoln, LN1 7 YG. Delete as appropriate CERTIFICATION SHEET CERTIFICATION OF HEADTEACHER BALANCES STATEMENT I certrfy that the above 1$ a complete summary of the transactions of the School Fund for Ihe year ending.. Bank Accounllsl £ 11&<3. 4) 3110312023 Cash in Hand Headteacher Total £11 Dale CERTIFICATION OF CHAIR OF GOVERNORS BALANCES STATEMENT I certrfy that the above is a complete summary of the transaclions of the School F ar ending= Bank Accounllsl £126 <3. 45 3110312023 Cash in Hand Chair of Governors Total £1 3.4S 10( 13 Date AUDIT CERTIFICATE I have examined the above income and expenditure statement with all the books, vouchers aThJ other accounting records ielalir¥J Iherelo and have obtained all the information and explanations I have required. I certify that in my belief the inGome and expenditure slalement gives a true and fair view of the income and expenditure for the peTiod ending= 31 according lo the best of my information ar¥J to the explanations given lo mè and shown by the books of the School Fund. /2113 School Fund Auditor 5 kn. 2￿£s Date LINCOLNSHIRE COUNTY COUNCIL- EDUCATION & CULTURAL SERVICES DIRECTOFNTE ANNUAL DECLARATION OF SCHOOL FUNDS COST CODE". SCHOOL NAME: rtoJ This sKle ofthe form musl be completed by 0￿ry school whelher a school fijnd 8xists or not. DECLARATION BY THE HEADTEACHER 1.1 confirm that I havelh&vtrfiel' got a school fund. {If you have a school fund please complete section 21. 2. 1 confirm that It is a slngle comprehensive school fund. The title of the bank ac¢ounl Is SLrtOo- The TYPE is '. CALENDARIFINANCIALIACADEMIC" It is for the YEAR 20 I have received and will adhere to the notes of guidance on the administration and audit of school funds issued by the Director of Education & Cultural Services lseclion E of the Finan¢e Handbook). SIGNED.. DATE . /1 gs DECLARATION BY THE CHAIR OF GOVERNORS I h?ve r￿ted the inf￿matIon above. I wll ensure that the Governing Body appoints a suitable auditor and ted that {slhe should receive your notes of guidgnce for school fund auditor SIGNED . DATE: Iq Delete as appropriate