: |
# 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
- b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and its surplus or deficit for each financial year in accordance with Sections 394 and 395 and other relevant Sections of the Companies Act 2006 as applicable to the charitable company.
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
- b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and its surplus or deficit for each financial year in accordance with Sections 394 and 395 and other relevant Sections of the Companies Act 2006 as applicable to the charitable company.
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 servIs
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