OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-03-31-accounts

: |

Registered Company Number 03080396 ( E&W) Registered Charity Number 1050691

ST AUGUSTINE’S CHARITABLE TRUST

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS

Period of Accounts

01 April 2023 to 31 March 2024

i

ST AUGUSTINE’S CHARITABLE TRUST

Contents of the Financial Statements

For the year

01 April 2023 to 31 March 2024

.

Page
Reference and Administrative Details 3
Report ofthe Trustees 4
Statement of Financial Activities 5
Balance Sheet
;
6
Notes to the Financial Statements 7-8
DetailedStatementofFinancialActivities 9

D)

ST AUGUSTINE’S CHARITABLE TRUST

For the year

01 April 2023 to 31 March 2024

REFERENCEAND ADMINISTRATIVE DETAILS

REGISTERED CHARITY NUMBER :

1050691

REGISTERED COMPANY NUMBER :

03080396 (England & Wales)

REGISTERED OFFICE :

St Augustine’s Catholic College Wingfield Road ‘ Trowbridge Wiltshire BA14 9EN

TRUSTEES :

AF Dowle Headmaster J Birkett-Wendes Teacher Y Portch Teacher E M Farrell Teaching Partner R F O’Mahony Teacher Mrs C L Farrow Manager (retired) Mrs C-E Morris Manager appointed 02.11.2023

SOLICITORS :

Stone King 13 Queens Square Bath BA1 2HJ

BANKERS :

Lloyds TSB Bank 64 Fore Street Trowbridge Wiltshire BA14 8EU

ACCOUNTANTS :

Tate Accounting Services 66 Summerdown Walk Trowbridge Wiltshire BA14 OLE

.

3

|

|

ST AUGUSTINE’S CHARITABLE TRUST

Report of the Trustees

For the year 01 April 2023 to 31 March 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. ‘The trustees have adopted the provisions of the Statement of Recommended Practice (SORP FRS 102) ‘Accounting and Reporting by Charities’ (effective January 2015)

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charitable Trust is a company without share capital and limited by guarantee. Each member undertakes to contribute such an amount as may be required, not exceeding £1, to the Charitable Trust's assets if it should be wound up.

The trust council comprises a minimum of 5 and a maximum number of 10 trustees, all of whom are recruited from members of the school staff and the governing body. School Governors make up 50% of the number.

.

OBJECTIVES AND ACTIVITIES

The trust supports St Augustine’s Catholic College in the delivery of catholic education by providing financial assistance for the purchase and maintenance of school assets. Regular voluntary donations are collected from the families of students who attend or have attended the College. These come in response to appeals for contributions to the building and amenities fund, and the purchase of stakes in a monthly ‘club’ draw. Funds are transferred to the college or the college’s fund raising association, upon request which details intended expenditure.

FINANCIAL REVIEW

Outgoings this year of £157,772 were more than the incomings of £127,629 by £30,143 (2023 excess £54,063)

The gifts to St Augustine’s Catholic College in 2024 were £76,265 (2023 £6,339)

Reserves policy

The trust has retained unrestricted funds for future expenditure as and when required by the College.

Risk management

The trustees have examined the major risks which the charity faces and confirm that systems have been established to lessen those risks.

The trust council intends to continue with the activities for which the trust was formed

This report has been prepared in accordance with the special provisions in Part 15 of the Companies Act 2006, relating to small companies.

THIS REPORT WAS APPROVED ON BEHALF OF THE TRUSTEES ON

----- Start of picture text -----
ON ..... Jul 2024:
, | / 2
2, oy pau - Trustee
----- End of picture text -----

----- Start of picture text -----
Ts Le
Palle - Trustee
----- End of picture text -----

4

ST AUGUSTINE’S CHARITABLE TRUST

| |

,

Statement of Financial Activities

(Incorporating an Income and Expenditure Account)

For the year ended 31 March 2024

2024 2023
Unrestricted Unrestricted
Funds Funds
Notes £ £
INCOMING RESOURCES
Incoming resources from generated funds
Voluntary Income 126,728 132,546
Investment Income 2 901 245
Total incoming resources 127,629 132,791
RESOURCES EXPENDED
Costs ofgenerating funds
Costs ofgenerating voluntary income 1,300 1,250
Charitable activities
Gifts to StAugustine's College 155,026 76,265
Governance Costs 3 1,446 1,213
Total resources expended 157,772 78,728
NET INCOMING/(OUTGOING) RESOURCES FORTHEYEAR -30,143 54,063
RECONCILIATION OF FUNDS
Total funds broughtforward 105,986 51,923
TOTALFUNDSCARRIEDFORWARD £75,843 £105,986

The notes form part of these financial statements.

5

ST AUGUSTINE’S CHARITABLE TRUST

Balance Sheet

As at 31 March 2024

2024 2023
Notes £ £
CURRENT ASSETS
Debtors 5 1,006 - 1,238
Cash at bank and in hand 75,839 105,598
76,845 106,836
LIABILITIES
Creditors falling due within one year 6 -1,002 -850
NET CURRENTASSETS 75,843 105,986
TOTALASSETS LESS CURRENT LIABILITIES 75,843 105,986
NETASSETS 75,843 105,986
THE FUNDS OF THE CHARITY
Unrestricted income funds 7 75,843 105,986
TOTALCHARITYFUNDS £75,843 £105,986

These financial statements have been prepared in accordance with the special provisions in part 15 of the Companies Act 2006 relating to small charitable companies, and SORP FRS 102 ‘Accounting and Reporting by Charities (effective January 2015)

For the year ended 31 March 2024 the charitable company was entitled to an exemption from audit in accordance with section 477 of the Companies Act 2006 relating to small companies and no notice has been deposited by members requiring the charitable company to obtain an audit of its financial statements under Section 476 of the Act.

The trustees acknowledge their responsibility for

a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and é

The financial statements were approved by the Board of Trustees on .... Jul 2024 and were signed on its behalf by :

----- Start of picture text -----
we gf - Trustee
----- End of picture text -----

----- Start of picture text -----
eels eZ - Trustee
----- End of picture text -----

The notes form part of these financial statements.

6

.

ST _AUGUSTINE’S CHARITABLE TRUST

Notes to the Financial Statements

For the year ended 31 March 2024

1. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with the Companies Act 2006 and the requirements of the Statement of Recommended Practice (SORP RFS 102) ‘Accounting and Reporting by Charities’ (effective January 2015)

Incoming Resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. . :

Taxation

The charity is exempt from corporation tax on its charitable activities

Fund Accounting.

Unrestricted funds, are donations and other income receivable or generated for the objectives of the charity without further specified purpose and can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objectives of the charity and arise when specified by the donor or when funds are raised for particular restricted purposes.

2024 2023
2. INVESTMENT INCOME
Deposit account interest 897 228
HMRC Interest 4 17
£901 £245
3. GOVERNANCE COSTS
Accountancy 1,172 850
Bank Service Charges 221 310
ICO annual fee 40 40
Companies House filing fee 13 13
£1,446 £1,213

4. TRUSTEES’ REMUNERATION AND BENEFITS

There were no trustees’ remuneration or other benefits for the year ended 31 March 2024 (2023 fnil)

Trustees’ expenses

There were no trustees’ expenses paid for the year ended 31 March 2024 (2023 Enil)

7

ST AUGUSTINE’S CHARITABLE TRUST

Notes to the Financial Statements

For the year ended 31 March 2024

|

2024 2023
5. DEBTORS
Accrual Income
:
Gift Aid reclaimable £1,006 £1,238
6.
CREDITORS : AMOUNTS FALLING DUE WITHIN ONE YEAR
;
Accruedexpenses £1,002 £850

7. MOVEMENT IN FUNDS

Net movement
At 01.04.23 in funds At 31.03.24
Unrestricted funds
General fund 105,986 -30,143 75,843
TOTALFUNDS £105,986 -£30,143 £75,843

Net movement in funds, included in the above are as follows:

Incoming Resources Movement in
Resources Expended funds
Unrestricted funds
General fund 127,629 -157,772 -30,143
TOTALFUNDS £127,629 -£157,772 -£30,143

.

8. RELATED PARTY DISCLOSURES

During the year ended 31 March 2024 the Charitable Trust made gifts of £155,026 to St Augustine’s Catholic College in accordance with its objectives.

|

----- Start of picture text -----
j
----- End of picture text -----

8

ST AUGUSTINE’S CHARITABLE TRUST

DETAILED STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 March 2024

2024 2023
5 £ £ £
INCOMING RESOURCES
Vountary income
Gifts and donations 123,600 127,689
500 Club’ income 2,122 3,619
Gift Aid tax reclaimed 1,006 1,238
126,728 132,546
Investment income
Deposit account interest 897 228
HMRC interest 4 17
901 245
Total incoming resources . 127,629 132,791
RESOURCES EXPENDED
Costs ofgenerating voluntary income
500 Club Prizes 1,300 1,250
Charitable activities
Gifts to College 155,026 76,265
Governance costs
Accountancy 1,172 850
Bank Service Charges 221 310
ICO annual fee 40 40
Companies House filing fee Ging 13
1,446 1,213
Total resources expended 157,772 78,728
NETINCOMING/(EXPENDED)RESOURCES -£30,143 £54,063

This page does not form part of the statutory financial statements

Page 9

: |

Registered Company Number 03080396 ( E&W) Registered Charity Number 1050691

ST AUGUSTINE’S CHARITABLE TRUST

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS

Period of Accounts

01 April 2023 to 31 March 2024

i

ST AUGUSTINE’S CHARITABLE TRUST

Contents of the Financial Statements

For the year

01 April 2023 to 31 March 2024

.

Page
Reference and Administrative Details 3
Report ofthe Trustees 4
Statement of Financial Activities 5
Balance Sheet
;
6
Notes to the Financial Statements 7-8
DetailedStatementofFinancialActivities 9

D)

ST AUGUSTINE’S CHARITABLE TRUST

For the year

01 April 2023 to 31 March 2024

REFERENCEAND ADMINISTRATIVE DETAILS

REGISTERED CHARITY NUMBER :

1050691

REGISTERED COMPANY NUMBER :

03080396 (England & Wales)

REGISTERED OFFICE :

St Augustine’s Catholic College Wingfield Road ‘ Trowbridge Wiltshire BA14 9EN

TRUSTEES :

AF Dowle Headmaster J Birkett-Wendes Teacher Y Portch Teacher E M Farrell Teaching Partner R F O’Mahony Teacher Mrs C L Farrow Manager (retired) Mrs C-E Morris Manager appointed 02.11.2023

SOLICITORS :

Stone King 13 Queens Square Bath BA1 2HJ

BANKERS :

Lloyds TSB Bank 64 Fore Street Trowbridge Wiltshire BA14 8EU

ACCOUNTANTS :

Tate Accounting Services 66 Summerdown Walk Trowbridge Wiltshire BA14 OLE

.

3

|

|

ST AUGUSTINE’S CHARITABLE TRUST

Report of the Trustees

For the year 01 April 2023 to 31 March 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. ‘The trustees have adopted the provisions of the Statement of Recommended Practice (SORP FRS 102) ‘Accounting and Reporting by Charities’ (effective January 2015)

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charitable Trust is a company without share capital and limited by guarantee. Each member undertakes to contribute such an amount as may be required, not exceeding £1, to the Charitable Trust's assets if it should be wound up.

The trust council comprises a minimum of 5 and a maximum number of 10 trustees, all of whom are recruited from members of the school staff and the governing body. School Governors make up 50% of the number.

.

OBJECTIVES AND ACTIVITIES

The trust supports St Augustine’s Catholic College in the delivery of catholic education by providing financial assistance for the purchase and maintenance of school assets. Regular voluntary donations are collected from the families of students who attend or have attended the College. These come in response to appeals for contributions to the building and amenities fund, and the purchase of stakes in a monthly ‘club’ draw. Funds are transferred to the college or the college’s fund raising association, upon request which details intended expenditure.

FINANCIAL REVIEW

Outgoings this year of £157,772 were more than the incomings of £127,629 by £30,143 (2023 excess £54,063)

The gifts to St Augustine’s Catholic College in 2024 were £76,265 (2023 £6,339)

Reserves policy

The trust has retained unrestricted funds for future expenditure as and when required by the College.

Risk management

The trustees have examined the major risks which the charity faces and confirm that systems have been established to lessen those risks.

The trust council intends to continue with the activities for which the trust was formed

This report has been prepared in accordance with the special provisions in Part 15 of the Companies Act 2006, relating to small companies.

THIS REPORT WAS APPROVED ON BEHALF OF THE TRUSTEES ON

----- Start of picture text -----
ON ..... Jul 2024:
, | / 2
2, oy pau - Trustee
----- End of picture text -----

----- Start of picture text -----
Ts Le
Palle - Trustee
----- End of picture text -----

4

ST AUGUSTINE’S CHARITABLE TRUST

| |

,

Statement of Financial Activities

(Incorporating an Income and Expenditure Account)

For the year ended 31 March 2024

2024 2023
Unrestricted Unrestricted
Funds Funds
Notes £ £
INCOMING RESOURCES
Incoming resources from generated funds
Voluntary Income 126,728 132,546
Investment Income 2 901 245
Total incoming resources 127,629 132,791
RESOURCES EXPENDED
Costs ofgenerating funds
Costs ofgenerating voluntary income 1,300 1,250
Charitable activities
Gifts to StAugustine's College 155,026 76,265
Governance Costs 3 1,446 1,213
Total resources expended 157,772 78,728
NET INCOMING/(OUTGOING) RESOURCES FORTHEYEAR -30,143 54,063
RECONCILIATION OF FUNDS
Total funds broughtforward 105,986 51,923
TOTALFUNDSCARRIEDFORWARD £75,843 £105,986

The notes form part of these financial statements.

5

ST AUGUSTINE’S CHARITABLE TRUST

Balance Sheet

As at 31 March 2024

2024 2023
Notes £ £
CURRENT ASSETS
Debtors 5 1,006 - 1,238
Cash at bank and in hand 75,839 105,598
76,845 106,836
LIABILITIES
Creditors falling due within one year 6 -1,002 -850
NET CURRENTASSETS 75,843 105,986
TOTALASSETS LESS CURRENT LIABILITIES 75,843 105,986
NETASSETS 75,843 105,986
THE FUNDS OF THE CHARITY
Unrestricted income funds 7 75,843 105,986
TOTALCHARITYFUNDS £75,843 £105,986

These financial statements have been prepared in accordance with the special provisions in part 15 of the Companies Act 2006 relating to small charitable companies, and SORP FRS 102 ‘Accounting and Reporting by Charities (effective January 2015)

For the year ended 31 March 2024 the charitable company was entitled to an exemption from audit in accordance with section 477 of the Companies Act 2006 relating to small companies and no notice has been deposited by members requiring the charitable company to obtain an audit of its financial statements under Section 476 of the Act.

The trustees acknowledge their responsibility for

a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and é

The financial statements were approved by the Board of Trustees on .... Jul 2024 and were signed on its behalf by :

----- Start of picture text -----
we gf - Trustee
----- End of picture text -----

----- Start of picture text -----
eels eZ - Trustee
----- End of picture text -----

The notes form part of these financial statements.

6

.

ST _AUGUSTINE’S CHARITABLE TRUST

Notes to the Financial Statements

For the year ended 31 March 2024

1. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with the Companies Act 2006 and the requirements of the Statement of Recommended Practice (SORP RFS 102) ‘Accounting and Reporting by Charities’ (effective January 2015)

Incoming Resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. . :

Taxation

The charity is exempt from corporation tax on its charitable activities

Fund Accounting.

Unrestricted funds, are donations and other income receivable or generated for the objectives of the charity without further specified purpose and can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objectives of the charity and arise when specified by the donor or when funds are raised for particular restricted purposes.

2024 2023
2. INVESTMENT INCOME
Deposit account interest 897 228
HMRC Interest 4 17
£901 £245
3. GOVERNANCE COSTS
Accountancy 1,172 850
Bank Service Charges 221 310
ICO annual fee 40 40
Companies House filing fee 13 13
£1,446 £1,213

4. TRUSTEES’ REMUNERATION AND BENEFITS

There were no trustees’ remuneration or other benefits for the year ended 31 March 2024 (2023 fnil)

Trustees’ expenses

There were no trustees’ expenses paid for the year ended 31 March 2024 (2023 Enil)

7

ST AUGUSTINE’S CHARITABLE TRUST

Notes to the Financial Statements

For the year ended 31 March 2024

|

2024 2023
5. DEBTORS
Accrual Income
:
Gift Aid reclaimable £1,006 £1,238
6.
CREDITORS : AMOUNTS FALLING DUE WITHIN ONE YEAR
;
Accruedexpenses £1,002 £850

7. MOVEMENT IN FUNDS

Net movement
At 01.04.23 in funds At 31.03.24
Unrestricted funds
General fund 105,986 -30,143 75,843
TOTALFUNDS £105,986 -£30,143 £75,843

Net movement in funds, included in the above are as follows:

Incoming Resources Movement in
Resources Expended funds
Unrestricted funds
General fund 127,629 -157,772 -30,143
TOTALFUNDS £127,629 -£157,772 -£30,143

.

8. RELATED PARTY DISCLOSURES

During the year ended 31 March 2024 the Charitable Trust made gifts of £155,026 to St Augustine’s Catholic College in accordance with its objectives.

|

----- Start of picture text -----
j
----- End of picture text -----

8

ST AUGUSTINE’S CHARITABLE TRUST

DETAILED STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 March 2024

2024 2023
5 £ £ £
INCOMING RESOURCES
Vountary income
Gifts and donations 123,600 127,689
500 Club’ income 2,122 3,619
Gift Aid tax reclaimed 1,006 1,238
126,728 132,546
Investment income
Deposit account interest 897 228
HMRC interest 4 17
901 245
Total incoming resources . 127,629 132,791
RESOURCES EXPENDED
Costs ofgenerating voluntary income
500 Club Prizes 1,300 1,250
Charitable activities
Gifts to College 155,026 76,265
Governance costs
Accountancy 1,172 850
Bank Service Charges 221 310
ICO annual fee 40 40
Companies House filing fee Ging 13
1,446 1,213
Total resources expended 157,772 78,728
NETINCOMING/(EXPENDED)RESOURCES -£30,143 £54,063

This page does not form part of the statutory financial statements

Page 9

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of St Augustine's Charitable Trust On accounts for the year ended 31 March 2024 Charity no (if any) 1050691 Set out on pages I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basls of report of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention (oUEr tharnthat-diselosed belo¥Q) in connection with the examination which gives me cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete the words in the braGkets if they do not apply. Signed: Date: 15 August 2024 Name: Rosemary Forrester Relevant professional qualification{s) or body (if any): Address: Tate Accounting servI￿s 66 Summerdown Walk, Trowbridge. Wilts BA14 OLE IER October 2018

Section B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32. Independent examination of charity accounts.. directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER October 2018