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2024-08-31-accounts

ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31[ST] AUGUST 2024

2

Contents Page

PAGE

3 Our Vision and Values

4 - 5 Report of our Chair of Trustees

6 - 9 Report of our Director of Charitable Activities 10 Priorities for next year – 2024/25

11 - 13 Trustees’ Report 14 Report of the Independent Examiner 15 Statement of Financial Activities 16 Balance Sheet

17 – 22 Notes to the Financial Statements

Annual Report 2023/24 - Sutton Schools Christian Workers Trust known as Sutton Schoolswork

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Our Vision: Who we are and who we aim to be

aim is to increase the We are a Schoolswork Charity whose knowledge and understanding of the Christian Faith and support students in their spiritual, social and moral development.

Our Values

Partnering Developing good relationships and working alongside schools, churches, other organisations and the local community.

Professionalism All our work will reflect good practice and be conducted in a professional manner

Boldness We aim to take calculated risks to further the work of the Trust. We will present our work from a clear Christian perspective, with full respect for all faiths and none, within schools.

We aim to deliver resources and activities in schools Creativity that engage children and young people and to use creative approaches to aid learning and retention.

Commitment We are committed on a long-term basis to each school in the borough.

Integrity In line with biblical values and Christian teaching.

Annual Report 2023/24 - Sutton Schools Christian Workers Trust known as Sutton Schoolswork

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REPORT OF OUR CHAIR OF TRUSTEES

“The steadfast love of the Lord never ceases; His mercies never come to an end; they are new every morning; great is thy faithfulness!” Lamentations 3:2-23 ESV.

The school year 2023-24 has been yet another year of experiencing God’s faithfulness, and what I choose to call His ‘divine alchemy’ in the provision, support and enablement of the ever-widening ministry of Sutton Schools Work.

First and foremost, is His wonderful ‘workmanship’ in the provision of workers who are gifted, talented and passionate in bringing His values and His Word into the ears, minds and hearts of thousands of children, teachers and young people across Sutton’s schools.

In last year’s report I quoted from Psalm 50 “The cattle on a thousand hills are His” – perhaps a slightly obscure way of affirming that our God has resources ‘tucked away’, beyond our vision, and once again this has proved to be our experience.

In Summer 2023 our long-serving and highly valued Primary Schools Worker Sarah Skinner and her family were gifted with her second child and she took maternity leave, returning in September 2024. In reaching out to fill the void we were thrilled to meet with Charis Miles, an experienced primary school teacher, who proved indeed to be “….God’s workmanship, created in Christ Jesus to do good works, which God prepared beforehand that [she] should walk in them”. Under Charis’s talented and cheerful temporary leadership the work in Primary schools continued to flourish throughout the year.

At the start of the year, Ella Scott, our Secondary Schools Worker indicated she had received a call elsewhere and with no time to advertise and run a recruitment process before the school year started, God’s provision came in the form of our part-time Director, Simon Ellingham, who to that time had been working for the Trust two days a week, was willing and able to lay aside other employment commitments and volunteered to step up to a full-time role covering secondary schools as well as his substantive role as Director.

Further advertising produced no suitable candidates for the secondary phase role, which appeared to confirm God’s hand in leading Simon to serve SSW full time. In fact, this has proved extremely successful and the work in secondary schools has flourished under his leadership. The year 2023-24 has been marked by a material growth in the range and number of lessons and assemblies in secondary schools and most significantly active Christian Unions which Simon will tell us more about in his report. Alongside Simon, Beca McKay has continued to support the work in secondary schools within our valued partnership with Carshalton Beeches Baptist Church.

Whereas gaining access to secondary schools has often been challenging, this has been a year of God ‘opening doors’, not least in the establishment and growth of Christian Unions.

Annual Report 2023/24 - Sutton Schools Christian Workers Trust known as Sutton Schoolswork

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REPORT OF OUR CHAIR OF TRUSTEES

One small but strategic ‘technical’ development has been the creation of a ‘WhatsApp’ broadcast group by which means our workers can quickly signal to our prayer supporters opportunities for immediate targeted prayer. Thus, virtually every day, among other things, we are aware and reminded of what schools and exactly when Abby Bryon and her team are presenting Christian content into primary school assemblies. The demand from schools continues to increase and the assemblies team continues to flourish. If you would like to be added to the SSW prayer group on WhatsApp, to be notified of current and relevant prayer opportunities, please drop an email request to secretary@suttonschoolswork.co.uk.

Our team in schools is ably and wonderfully supported by our part time administrator Petra Port who among other gifts has demonstrated a wonderful gift as a seamstress in refreshing our wardrobe for the Easter Experience drama presentations which were once again attended by over a thousand children, teachers and accompanying parents over three weeks in three church venues, across the borough. We pray that the reality and significance of the Passion week and the Easter story will make a lasting impression on many children and accompanying adults.

Petra also played a big part in the relocation of our office base to St Peter’s Church, Bishopsford Road, and we are hugely grateful to Rev Tracy Marlow and her team for their warm welcome and for generously affording this space to us.

God has continued to prove faithful in financial provision, realised through the generosity of churches, individuals and charitable trusts, all of which are greatly appreciated by the trustees, and without which the continuation of the work would not be possible. We cannot do this on our own, we rely on God's guidance, provision and inspiration by his Spirit, and we rely on the prayers and financial backing of our partners.

We see God’s faithful provision also in the strength of the board of trustees. Kevin Lewis (Vicar, Church of the Good Shepherd) and Nigel Butcher (Pastor, Cheam Baptist) continue to serve alongside Headteacher (retired) Cheryl Hudson and Nicholas Martin our invaluable Treasurer. Shalini Christy, new to the board in 2023 has continued to bring a material contribution, a fresh perspective, and consequent robustness to our safeguarding policies, training and practice. Again, we thank God for his provision.

As ever we are thankful to the team of volunteers who give time freely to SSW including Adesina Adesanya who faithfully looks after our payroll.

We hope you will join us in our prayer that we would continue to be faithful to God as he is to us, as we seek to serve him in our local schools.

Brian Durrant Chair of the Board of Trustees

Annual Report 2023/24 - Sutton Schools Christian Workers Trust known as Sutton Schoolswork

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Report of the Director of Charitable Activities

2023 into 2024 has been an amazing year for us. We’ve been able to deliver more than we considered possible, and have seen wonderful developments for our ministry within schools, and we are genuinely excited as we continue to reach out to the pupils and staff of our borough. We thought that, as our Primary Worker was going off on Maternity leave, we may find our activities would be drastically reduced. However, we didn’t really consider just how good God is! We welcomed Charis, who has covered for the full year while Sarah is off, and we’ve done even more than we did last year!

Some highlights in our Primary Schools work this year -

Over 30 volunteers were involved, and several local churches, with a massive undercurrent of prayer across the borough. We have now organised plans to increase our delivery next year across 4 weeks, in 5 venues, which is incredibly exciting!

Annual Report 2023/24 - Sutton Schools Christian Workers Trust known as Sutton Schoolswork

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Report of the Director of Charitable Activities - continued

In our Secondary Schools, we kicked off the year by delivering GSUS, in partnership with CountiesUK, in Sutton Grammar School, to their Years 10 and 11, as an experiment. It went so well that the teacher booked it back in immediately for the following year, and we have already engaged with 2 other schools who are considering it for next year.

We delivered our Knife Crime and County Lines workshops in 2 large

schools, during which we ask them to consider the words of Jesus, in saying that Peacemakers are blessed, and challenging them to work out what these words might mean in the context of finding out that their friend is carrying a knife. We were delighted when, just 2 weeks after delivering this session, students approached a teacher in school to state that one fellow pupil had brought a sharp object into school, and they were concerned. The school immediately dealt with this, and made much of how the prompt action of these pupils, directly encouraged to do so by our sessions, had protected everyone.

Wonderfully, this same school has allowed us to form a before school prayer group for the pupils, which is attended by a small but enthusiastic group. This then encouraged Christian teachers to form their own prayer group, and subsequently, we have been able to start up 2 brand new Christian lunchtime groups, which have already seen attendance by non-believing pupils, who have stated how much they are enjoying the opportunity to discover more!

We have seen attendance at 2 other CUs grow considerably, and continue to support 7 such groups around the borough. We pray that we can find ways of starting groups at least 3 more schools within the coming year.

3 new schools received our Persecuted Christians lessons, and all 3 have now asked us to return to deliver more workshops next year.

However, there are still some schools who have decided to keep us at arm’s length. 2 in particular have responded in a negative fashion, and we continue to try and find ways to engage with them in such a way that their pupils are given the opportunity to find out more of the Gospel. Other schools simply do not respond at all, and it is a regular discussion topic within our staff meetings trying to discover new ways of encouraging them to allow us in.

Annual Report 2023/24 - Sutton Schools Christian Workers Trust known as Sutton Schoolswork

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Report of the Director of Charitable Activities - continued

We have also seen the departure of our full time Secondary Schools Worker to move on to a counselling role elsewhere. After prayerful consideration the Trustees appointed the current part time Director to take up a full-time role covering the demands of both, an arrangement so far which has worked very well.

In April we decided after prayer to advertise for a new role of Primary Worker, who could also support Secondary work, once Sarah returns in September in a part time capacity. God then wonderfully stepped in, and we received an extraordinary legacy gift, that has enabled us to employ that person immediately on interview, in June, and we have been able to significantly increase our capacity to offer new work already.

Our regular finances continue to remain strong, and we have seen a consistent level of giving from both our individual supporters and churches, and have had 2 churches recently come on board to be part of our network of financially supporting groups, and we saw an increase in the giving within this area. We still need the support of grant-making Trusts, and we have secured additional funding from 3 other groups this year.

So, once again, we finish an academic year marvelling at what God has done for SSW, with particular recognition that we’ve been able to develop new possibilities that will engage more and more pupils next year than this. We have so much to be thankful for, but there is still so much to do.

Please continue to pray!

Bless you all

Simon Ellingham Director of Charitable Activities

Annual Report 2023/24 - Sutton Schools Christian Workers Trust known as Sutton Schoolswork

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Priorities for next year – 2024 / 25

SSW priorities for next year:-

1. Continue to deliver and develop Primary assemblies to the highest standard, engaging in more schools, and increasing the number of volunteers involved.

2. Embed Maisie in her role as Primary Schools worker (and Secondary Support), continuing to deliver our high quality workshops. Re-integrate Sarah on her return to work from maternity leave, and enable both of them to develop a working practice that maximises their individual strengths and abilities, yet combines them effectively together.

3. Continue to deliver our highly successful Discover Christmas workshops, seeking to engage as many as last year, 16, if not more.

4. Increase the number of schools that attend Easter Experience and consequently the number of pupils, exceeding last year's totals of 27 and 2300 respectively. We also intend to increase the number of venues from 3 to 5, and offer more opportunities for new schools to attend.

5. Continue to support our provision of Christian Unions in Secondary Schools, and to develop new ventures around the borough that provide opportunities for Christian pupils to engage with and encourage each other, and for them to appropriately evangelise to their friends.

6. Increase our prayer support around the borough, engaging with new supporters and churches, through speaking at church services, local events, newsletter and prayer updates.

7. Maintain our presence on SACRE, delivering a voice for SSW within a pan-borough network.

8. Increase the number of schools actively engaging with our LIVE project, currently 2.

9. Launch our new venture of GSUS in Sutton Grammar school.

Annual Report 2023/24 - Sutton Schools Christian Workers Trust known as Sutton Schoolswork

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Trustees’ Report

The Trustees submit their report together with the financial statements for the year ended 31st August 2024. The report has been prepared in accordance with the provisions applicable to companies entitled to the small companies’ exemption, including the exemption from preparing a strategic report.

Structure, Governance and Management

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Public Benefit

In planning the activities of the Company, the Trustees have considered the Charity Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion.

Directors and Trustees

Directors (who are also trustees of Sutton Schools Christian Workers Trust for the purposes of charity law) are elected for a period of 3 years and are eligible to stand for re-election.

The details of directors who have served on the Board during the year and up to the date of this report are as follows:

Mr Brian Durrant (Chair)

Rev Kevin Lewis

Rev Nigel Butcher Mr Nicholas Martin

Mrs Cheryl Hudson

Mrs Shalini Christy

Fundraising Activities

Sutton Schools Christian Workers Trust relies on the kind donations from individuals, local churches, trust funds and schools to fund its charitable activities.

Financial Review

The financial position of the charity is set out in the Statement of Financial Activities, the Balance Sheet and related notes, which have been prepared in accordance with statutory requirements of the Charities Act 2011 and SORP (FRS102).

The financial statements have been prepared on the going concern basis as in the opinion of the Trustees there are no material uncertainties about the charity’s ability to continue.

Recruitment and Appointment of New Trustees New Trustees are elected by the existing Trustees.

Annual Report 2023/24 - Sutton Schools Christian Workers Trust known as Sutton Schoolswork

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Trustees’ Report (continued)

Reserves Policy

The Trustees review the level of reserves at the beginning of each financial year and have determined that the appropriate level of free reserves should be sufficient to meet three months operating expenditure should the charity experience a significant drop in income, this equates to £27,275. Additional reserves are also needed to replace fixed assets at the appropriate time. At the end of the year unrestricted funds were £139,510 (2023 - £44,935).

Risk Assessment

In April 2024 the major risks facing the charity were reviewed and any necessary steps have been taken to lessen these risks.

The key risk identified was the uncertainty of income - The Trust monitors the income and with a Director of Charitable Activities, have a permanent person who is responsible for generating the necessary funds.

Activities

The main activities of the company are the advancement of the Christian faith in accordance with the Statement of Beliefs, particularly amongst children and young people in the schools, colleges and other educational establishments in the London Borough of Sutton, and the advancement of education in accordance with Christian principles.

Volunteers

The Trustees gratefully acknowledge the valued work undertaken again by volunteers during the year. Their input has significantly reduced the running costs of the company. These include:

  1. School worker volunteers

  2. Administration volunteers

  3. Church representatives

With the help of the above, the supporters in finance and prayer, and those who attended the annual service and prayer meetings, the company has continued to achieve its aims this year.

Review of the Year

The Trust made a surplus of £94,177 in the year (2023 deficit of £3,663) and we continue to build on the wonderful foundations laid by previous workers and increase the reach of the charity in the schools in Sutton.

The Trust has continued to enjoy the support of a large number of local Churches and individuals, through the donation of finance and prayer support. The directors are very grateful to St Peter’s Church for providing new accommodation and would like to thank Cheam Methodist Church for their generosity over the years for the office accommodation they provided which considerably reduced the running costs of the company.

Registered Office: Sutton Schools Christian Workers Trust St Peter’s Church, Bishopsford Road SM4 6BH

Annual Report 2023/24 - Sutton Schools Christian Workers Trust known as Sutton Schoolswork

12 Trustees, Report (continued) Registered Charity: Charity Number: 1052418 Company Registered Number: 3140690 Bankers: HSBC Bank plc 75 - 77 High Street Sutton Surrey SM1 1DU CAFCASH Ltd Kings Hill West Malling Kent ME19 4TA Independent Examiner: Timothy Slater, ACA CTA Shaw Gibbs Limited Salatin House 19 Cedar Road Sutton Surrey SM2 5DA Approval This report was approved by the Board of Trustees and signed on its behalf by the Chair. urr Chair of nt e Board of Trustees 11th June 2025 Annual Report 2023/24- Sutton Schools Christian Workers Trust known as Sutton Schoolswork

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Independent Examiners Report to the Trustees of Sutton Schoolswork

I report to the charity trustees on my examination of the accounts of the company for the year ended 31[st] August 2024.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm no matters have come to my attention in connection with the examination giving me cause to believe:-

  1. Accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. The accounts do not accord with those records; or

  3. The accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of the independent examination; or

  4. The accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Timothy Slater, ACA CTA Shaw Gibbs Limited Salatin House 19 Cedar Road Sutton Surrey SM2 5DA

11[th] June 2025

Annual Report 2023/24 - Sutton Schools Christian Workers Trust known as Sutton Schoolswork

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Statement of Financial Activities

For the Year Ended 31[st] August 2024

-------------------2023/2024------------------

Unrestricted
Restricted
Total
Note
£
£
£
Income and endowments
from:
Donations & Legacies:
Donations - Individuals
22,639
-
22,639
Donations – Trusts
13,750
6,000
19,750
Donations – Churches
Donations - Legacies
28,389
123,890
-
-
28,389
123,890
Donations – Other
Income from Fundraising
5,127
-
-
-
5,127
-
Investment:
Interest rec’d - UK bank account
660
-
660

Total income
194,455
6,000
200,455
Expenditure on:
Charitable activities
2
99,880
6,398
106,278
Total expenditure
99,880
6,398
106,278
Net surplus/(deficit) for the
year
94,575
(398)
94,177
Transfers between Funds
-
-
-
Net Movement in Funds
94,575
(398)
94,177
Funds brought forward at 1st
Sept 2023
44,935
1,667
46,602
Funds carried forward at 31st
Aug 2024
11-12
139,510
1,269
140,779		 2022/23
Total
£
25,410
14,700
39,955
-
6,026
-
286
86,377
90,040
90,040
(3,663)
-
(3,663)
50,265
46,602

Annual Report 2023/24 - Sutton Schools Christian Workers Trust known as Sutton Schoolswork

15 Balance Sheet - Company Registered Number: 3140690 As at 31 st August 2024 2024 2023 Note Fixed assets Tangible 522 809 Current assets Debtors Bank and cash balances 8,900 135091 143,991 7,900 47,822 Creditors: Amounts falling due within one year Net current assets 140257 Total assets less liabilities Funds Restricted funds Unrestricted funds 1,269 139 510 1,667 12 140 779 The charitable company is entitled to exemption from audit under section 477 of the Companies Act 2006 for the year ended 31 st August 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31 st August 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for a) ensuring the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 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 of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies. The financial statements were approved by the Board of Trustees on 11th June 2025 and were signed on its behalf by: Brian Dur nt- Chair of the Board of Trustees Nicholas Martin - Director Annual Report 2023/24- Sutton Schools Christian Workers Trust known as Sutton Schoolswork

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Notes to the Financial Statements

1 Accounting Policies

A summary of the more important accounting policies, which have been applied consistently, is set out below.

a) Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 2006. The accounts have been prepared under the historical cost convention.

b)

Financial reporting standard 102 – reduced disclosure exemption

The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’:

c) Depreciation

Equipment - 33% straight line basis

d) Incoming resources

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Income tax recoverable in relation to donations received under gift aid is recognised at the time of donation.

e) Expenditure

Expenditure is recognised as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount and obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to the particular headings they have been allocated to activities on a basis consistent with the use of resources.

f) Taxation

As a charitable company, Sutton Schools Christian Workers Trust is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charitable company. The charitable company is not registered for VAT and accordingly expenditure includes VAT where appropriate.

Annual Report 2023/24 - Sutton Schools Christian Workers Trust known as Sutton Schoolswork

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Notes to the Financial Statements (continued)

g) Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the company and which have not been designated for other purposes.

Restricted funds are to be used in accordance with specific restrictions imposed by the donors which have been raised by the company for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

h) Financial Instruments

The Company only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

i) Currency

Trade and other debtors are recognised at the settlement amount due.

k) Creditors and provisions for liabilities and charges

Creditors and provisions for liabilities and charges are recognised at the amount that it is anticipated they will be settled for.

Charitable Activities Expenditure

Direct Charitable
Staff payroll costs
Staff travel and subsistence
Training and resources
Total
Support Costs
Office Staff payroll costs
Office costs
IT expenses
Insurance
Publicity & Web Site
Independent Examiners Fee
Sundry Expenses
Governance Costs
Depreciation
Total
Total Charitable Expenditure		 2023/24 2022/23
£
£
78,235
66,597
817
882
2,421
1,221
81,473
68,700
7,213
6,541
11,071
10,277
1,145
820
437
448
1,388
88
600
2,318
600
1,935
93
93
540
538
24,805
21,340
106,278
90,040

Included in Charitable expenditure is £398 (2023: £399) relating to project expenditure that was from restricted funds.

Annual Report 2023/24 - Sutton Schools Christian Workers Trust known as Sutton Schoolswork

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Notes to the Financial Statements (continued)

3 Staff Costs
 2023/24 2022/23
Included in Charitable Activities are:-
Wages and Salaries 79,149 62,181
Social Security 6 -
Pension 6,293 4,416
Total 85,448 66,597
The average number of employees during the year was as
follows:
Direct Charitable 4 5
Administration 1 1
5 6

No employees (2023: none) received emoluments in excess of £60,000.

4 Comparatives for Statement of Financial Activities

Unrestricted
Funds
Restricted
Funds
Income from:
Donations and Legacies
80,091
6,000
Investment Income
286
-
Total
80,377
6,000
Expenditure on:
Charitable Activities
83,641
6,399
Total
83,641
6,399
Net expenditure for the year
Transfer between Funds
Net Movement in Funds
(3,264)
-
(3,264)
(399)
-
(399)
Total Funds Brought Forward
48,199
2,066
Total Funds Carried Forward
44,935
1,667		 Total
Funds
86,091
286
86,377
90,040
90,040
(3,663)
-
(3,663)
50,265
46,602

Annual Report 2023/24 - Sutton Schools Christian Workers Trust known as Sutton Schoolswork

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Notes to the Financial Statements (continued)

5 Tangible Fixed Assets
Equipment
£
Cost
At 1st September 2023 2,496
Additions 253
Disposals -
At 31st August 2024 2,749
Depreciation
At 1st September 2023 1,687
Charge for the year 540
Disposals -
At 31st August 2024 2,227
Net book value
At 31st August 2024 522
At 31st August 2023 809
6 Debtors
2023/24 2022/23
£ £
Gift Aid receivable 8,900 7,900
8,900 7,900
7 Bank and cash balances
2023/24 2022/23
£ £
HSBC current account 111,239
11,204
CAF current account 891 915
CAF gold account 22,961 27,803
135,091 39,922
8 Creditors
2023/24 2022/23
£ £
Due within one year
PAYE and NI 2,449 1,278
Other Creditors and accruals 1,285 751
3,734 2,029

Annual Report 2023/24 - Sutton Schools Christian Workers Trust known as Sutton Schoolswork

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Notes to the Financial Statements (continued)

9 Constitution of the Company

The company is limited by guarantee and is incorporated in England and Wales. Each member undertakes to contribute a sum not exceeding £10 in certain circumstances as set out in clause 7 of the Memorandum of Association. At 31st August 2024 the number of members was six (2023: 6).

10 Trustees’ Remuneration and Expenses

The directors of the charitable company are the trustees under charity law and received no remuneration during the year (2023 - £Nil).

The directors of the charitable company are the trustees under charity law and received no reimbursement for expenses incurred on behalf of the Trust (2023 - £Nil).

11 Restricted Funds

Restricted Funds
Transfers
Balance at Incoming Resources
from/(to)		 Balance at
01.09.23 Resources Expended Unrestricted 31.08.24
£ £ £ £ £
Contribution to Film 1,000 - - - 1,000
Contribution to Salaries
-		 6,000 6,000 - -
Digital RE resources 667 - (398) - 269
1,667 6,000 (6,398) - 1,269

Comparative figures

Comparative figures
Transfers
Balance at Incoming Resources
from/(to)		 Balance at
01.09.22 Resources Expended Unrestricted 31.08.23
£ £ £ £ £
Contribution to Film 1,000 - - - 1,000
Contribution to Salaries
-		 6,000 6,000 - -
Digital RE resources 1,066 - (399) - 667
2,066 6,000 (6,399) - 1,667

“Contribution to Film” represents funds donated specifically to produce a promotional film for the charity.

“Contribution to Salaries” represents funds donated specifically to fund salaries.

“Digital RE resources” represents funds donated specifically to help fund the development of digital RE resources for schools within the Borough.

The year end balances on restricted funds are represented by fixed assets and cash in the balance sheet.

Annual Report 2023/24 - Sutton Schools Christian Workers Trust known as Sutton Schoolswork

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Notes to the Financial Statements (continued)

12 Unrestricted Funds

Balance at 1stSeptember 2023
Incoming resources
Resources expended

Balance at 31 August 2024
Comparative figures
Balance at 1stSeptember 2022
Incoming resources
Resources expended
Balance at 31 August 2023		 £
44,935
194,455
(99,880)
139,510
£
48,199
80,377
(83,641)
44,935

13 Analysis of Net Assets between Funds

Unrestricted
Funds
£
Restricted
Funds
£
As at 31st August 2024:
Tangible fixed assets
253
269
Current assets
142,991
1,000
Current liabilities
(3,734)
-
Total
139,510
1,269
As at 31st August 2023:
Tangible fixed assets
142
667
Current assets
46,822
1,000
Current liabilities
(2,029)
-
Total
44,935
1,667		 Total
Funds
£
522
143,991
(3,734)
140,779
809
47,822
(2,029)
46,602

14 Related Party Transactions

There were no other related party transactions that took place during the current and previous year.

During the year, the amount of donations received without conditions from trustees was £4,000 (2023: £3,000).

15 Pension Scheme

Defined Contribution Pension Scheme

Sutton Schoolswork contributes to a defined contribution pension scheme for its employees. The pension cost charge for the period represents contributions payable by Sutton Schoolswork to the respective scheme and amounted to £6,293 (2023: £4,416).

At the year end, contributions totalling £686 (2023: £264) were payable to the scheme and are included in other creditors.

Annual Report 2023/24 - Sutton Schools Christian Workers Trust known as Sutton Schoolswork