StPhllamqnasCarshJlton Ch4ritableTrust
Pound Stfftt
Carshatton
SM5 3P5
Telephone020 8642 2025
CharityNumber 1052868
Unaudited
Reports and
Financial
Statements
For the year ended 31 March 2021
St. Philomena's Carshalton
Charitable Trust
Charity Mumber: IOS2868
Company Nurnber: 03077439

St. Philomena's Carshalton Charitable Trust
Contents
Page
Charity infornlation
Tnjstees, report
Independcnt examiner's re￿rt
Statement of fman¢ial activities
Balance sheet
Note5 to the financial statements

SL Philornena's Carshalton Charitable Trust
Charity information
The trustees present thcir annual rcport and the audited financial statsments of St Philom¢na's Carshalton
Chttritable Trust {'the T￿￿t,) for the year ended 31 March 2021.
REFERENCE AND ADMINISTIL4TION INFORMATION
Charity name
St Philomena's Carshalton Charitable Trus1
Charity registration number
Company registration number
1052868
03077439
Trustees
Dr. M. Howard
Ms M. Noon¢
Mr5 J Kulka
Mr P. Bradbury
Mrs P. Reid
Secretary
Mrs. J. Kulka
Registered office
St. Philotllena's Catholic High School for Girls
Pound Street
Carshalton
Surrey SM5 3PS
Bankers
N&tional Westminster Bank plc
27 Wood¢ot¢ Road
Wallington
Surrey SM6 OLN
Lloyds Bank
Faryners Houge
25 Monument Street
I.ondon EC3R 8BQ
Indep¢nd¢nce examiners
UHY Hacker Young
Thames Hous¢
Roman Square
Sittingbourne
Kenl. MEIO 4BJ

St. Philomena's Carshalton Charitable Trust
Trustees, report
For the year ended 31 March 2021
I'hc tsuste¢s present their Trustees, Report 8nd annual report in accordance with the special provisions of Part
1 S to th¢ Companies Act 2006 relating to small companies, applicable UK a¢¢ovnting standards (including
rinancial Reporting Standard 102), the Charities Act 2011 and Charity SORP (FRS 102). and the Articlcs and
Memordndum of Association.
Strueture, GoverDAnce alld MaDagemellt
Tbe governing instrument
St. Philomena's Carshalton Charitabl¢ Trnst is an incorporated cliarity limtt¢d by 8uaratitse. The
directors of the company arc the trusteeq for the purposes of the Charities Act. Trustees are appointed
and elected in accoTdanc¢ with th¢ Memorandurn and Articles of Association.
Or%anisational struetsre
The trustces meet three times a year to review income and proposals for expellditure. A Trust¢¢ and
the S¢cretary deal with day-to-day correspondence and administration, and fees are paid for
bookk¢¢ping and acLountancy.
Trustees
The trustees holding offi¢¢ during the year and up to the date of this report are:
Dr M. Howar￿ BDS
Ms M. Noone BS¢ (Hon8) MBA
Mrs J. Kulka MBA (Open)
hlr P. Bradbury
Mrs P. Reid
Recruitment and appoiothiellt of truste
The initial Trustees were appointed by the governing instrwnent. but all of the Current Trustees, were
appointed by a r¢soluÉion of th¢ Trustees passed at a meeting of the Trustccs. Future Trustees may be
appoitlted by a r¢solution of the Trustees passed at a m¢etin8 of the Trustees.
Trustee induction and training
Each year the t￿St¢eS are kept infornied of developments in the charity sector. 'fhe Collective
expertise of the tsustecs in the fields of eduoation. law and trust administration, will b¢ supplemented
when it be￿MeS necessary.

St. Philomena's Carshalton Charitable Trust
Trustees, report (continued)
For the year ended 31 March 2021
Structur4 Governanee 2nd Mgnagement (eontittued)
Ststement of iruste¢s' responsibilitie5
Law applicable to charttie5 in England and Wal¢s requires the tr￿tte$ to prepare financial statements
for each financial year which give a true and fair view of the Trust's financial a¢tivities during the
year and of its financial position at the end of the ycar. In preparing the financial statements giving a
true and fair view. th¢ trustees should follow best practic¢ and:
select suitable accounting policies and then apply them Lonsistenily.
make judgements and eslitnal¢s that are r¢asonable and pnidentr,
sial¢ whether applicable accounting staJJdards have been followed. subject to any material
departures dis¢los¢d and explained in the financial statements. and
prcpare the financial statements on th¢ 80ing corkcern basis unless it is inappropriate to
presume that the trust will continue in Op￿allOn.
'I'he trus¢¢¢s are responsible for keeping accounting records which disclose with ￿asOnable accuracy
the financial position of the Trusl and which enable them to ensure that the financial slal¢m¢nts
comply with the Charities A¢t. They are also responsible for safeguardin8 the assets of the Trust and
hence for taking reasonable st¢ps for th¢ prevention and detection of fraud and other irregularitics.
They are required io apply the funds of the Trust with compl¢l¢ fairness to meet the objects of the
Trust.
Investment policy
Apart from th¢ leasehold building let to the School for a pepp¢rcorn TenL the trustecs aim to maximise
the int¢r¢st ¢arned on the Trust'5 cash resour¢¢s.
Risk management
The trustees have assessed the major risks to which the Trust is exposed, in particular those relating to
the operations and finances of the Trust. and are satisfied that systems are in pla¢¢ to mitigate their
exposure to the major risks.
Objectives
The object of the charity. per th¢ articles is: The advancement of th¢ Roman Catholic Religion and the
advancem¢nt of education in the Roman Catholic tradition and in particular (but without prejudice to
the g¢n¢ralily of the foregoing) the provisioiis of educational facilities in Schools.
I"he Trustees currently direct their support in advancement of these objects towards St Philom¢na's
Roman Catholi¢ High School for Girls, ('the School.).
Activili¢8
During the year the Trnst has mad¢ variou5 contributions towards th¢ School's capital and revenue
expenditure, amounting to £81,887 (2020.. £123.492).

St. Philornena's Carshalton Chan"table Trust
Trustees, report (continued)
For the year ended 31 March 2021
Public benetit
The Trust¢¢s confim) ihat they have cotnplied with th¢ duly in Section 17 of lh¢ Charilies Act 201 I to
hav¢ due regard to the Charity Commission's general guidance on Public B¢n¢fit. Th¢ Trust's
operation5 enhanee ihe educational facilities that ihe School is able lo offer its pupils.
Achieyements and perfonnan¢e
During the year the Trust h&$ continued to raise funds from parents of the pupils in the School, and
earn interest on ihe monics held on deN)sit.
Financial r¢Yiew
Result$ of the year
The Trust's total income for the year amouni¢d io £163.137 {2020.. £191,332). This included
voluntary income receivable of £163,084 (2020: £191,207). Toi21 expenditure amounted to £111,188
(2020.. £152.371). The re5ulianl increase in funds was £51,949 (2020.. £38,961).
Re5erveg pollcy
The trustees retain fund5 that will enabl¢ the Trust to assist with projects thai ihe School is about to
embaTk upon. All receipts are crediied to an unre5trict¢d in¢om¢ fund which is not subject to any
strictions regarding their use, The balance of ihc free reserves liotal reserves less the value
asso¢idted with tangible fixed ￿5¢ts on the Balanee Sheet) at the year-end amount to £434,837 {2020..
£376,052).
Grant making poliey
Grants are made after evaluaiion of the comparable benefits to the School.
Plans for futur¢ period5
The Trust will conlinue to support the development of the School and will ￿1$1 the funding of such
prOj￿ts as are b¢ing und¢rtaken from lime to tirnc.
This rcport h&$ ken prepared in accordaTKe with Accounting and Reporting by Charities.- Slatement of
Recommended Practice {FRS 102) and in accordance with the special provisions of Part 15 of the Companie5
Act 2006 relating 10 small companies.
roved by the Trustees on ...1711112021.
and signcd on their behalf by..
. Mr P Bradbury
. Dr M HowaTd

St. Philomena's Carshalton Charitable Trust
Independent Examinerfs Report for the year ended 31 March 2021
Independent Exthminer's Report to the Trustees of St. Philomena's Carshalton Charitable Trust (the
'company')
I rcport to the charity Trustecs on my ¢xamAnation of the accounts of the company for the yeAr ended 31 March
2021.
'I"his rqK)rt is made solely to the company's Trustees, as a body, in accordance with Part 4 of the Charities
(A¢counts and Reports) Regulations 2008. My work has been undertaken so that I might state to thc companys
Trustees those mattcrs l am rcquired to state to them in an IndepLndent examtner's report and for no other pury)os¢.
To the fullest extent pern]itted by law, I do not aecept or assume responsibility to anyonc other than th¢ company
nd the company's Trust¢¢s as a body, for my work or for this report.
Responsibilities and Basis of Report
As the Trustees of the company (and its directors for the purpos¢5 of company law) you are responsible for the
preparation of the accounts in accordance wtth the requircm¢nts of the Companies Act 2006 ('the 2006 Act,).
Having satisfi¢d myself that the accounts ofihe company are not required to be audited under Part 16 of the 2006
Act and are eligible for indepgndcnt examination, I report in respect of my examination of the company's accounts
carried oul under section 145 of tlie Charities Act 2011 ('the 201 l Act,). In carying out my examination I have
follow¢d the Directions given by the Charity Commission under 5eL*ion 145(5Kb) of the 2011 Act.
Independent Examiner's Statement
I have complettrd my cxamination. I can confirm that no matters hav¢ come to my attention in connection with the
examination giving me cause to believc..
accounting re¢ords were not kept in respect of the Company as rwuired by section 386 of th¢ 2006 Act. or
2. th¢ accounts do not accord with thosc records. or
3. the accounts do not comply ivith the accounting requirements of section 396 of th¢ 2006 Act other than any
r¢quir¢ment that the account5 give a llrue and fair, view which is not a matter ¢onsid¢r¢d as part of an
independent examination. or
4. the accounts have not been prepar¢d in ac¢ordance with the tnethods and principles of the Statement of
Recommended Practice for accounting and reporting by charities [applicable lo charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the IJK and Republic of Ircland
(FRS 102)].
I hav¢ no concerns and have Com¢ across no other matters in connection with ihe examination to which attention
should be drawn in this report in ord¢r lo enable a proper understanding of the accounts to be reached.
Signed:
Dale.. 3 December 2021
Allan Hickie Bsc FCA
UHY Hacker Young
Thames House. Roman Square
Sittingbourne
Kent. MEIO 4BJ

SL Philomena's Carshalton Charitable Trust
Statement of financial activities
For the year ended 31 March 2021
2021
2020
Total
Fullds
Notes
Funds
(All
(Ali
nr*stricied)
TifrifEStrtcted)
Income fronk:
Donations
Building Fund
Resources Funds
163,084
173.047
18.160
163,084
53
191,207
125
Investments
Total income
163.137
191.332
Expenditure on:
Charitable activities
111.188
152.371
Total expenditure
111,188
152,371
Net income
51,949
38,961
Total funds at l April 2020
574,313
535,352
Totsl funds at 31 March 2021
626,262
574,313
All income and ¢xpenditure d¢riv¢s from continuing activities.
There ar¢ no recognised gains or105ses other than those included above.
The notes on pages 8 to I I fomi part of these financial statements.

St. Philomena's Carshalton Charitable Trust
Balance sheet as at 31 March 2021
2021
2020
Notes
Fixed assets
Tangible fixed assds
191,424
198,261
Current amets
Debtors
Cash ai bank and in haThJ
108,281
J36.402
112.090
273.808
444,683
385,898
Credi¢ors- Amounts falling wlthin
one year
(9,846}
(9,846)
Net eurrent assets
434,837
376,052
TotAI asse¢s less current li&bili¢ies
626,261
574,313
Th¢ funds of the charity
Unrefflriaed income funds
626,621
574,313
Totsl ¢harlty funds
626,621
574,313
These financial statements are prepared in accordance with th¢ spe¢ial provisions relating to small ¢ompanies
within Part 15 of the Companies Act 2006.
The Trustees consider that the ¢ompany is enlitled to exeJnption from the requirement lo have an audit under
the provisions of se¢iion 477 of the Companie5 A¢1 2006 ("the Act") and m¢￿b¢T$ have not required the
company to obtain an audit for the year in qU¢Siion in accordance with sxli(Trll 476 of the Act.
The Trustees acknowledge their responsibilities for complying with the requirements of the CompaDies Act
2006 with respect to accounting r¢cords and the preparation of financial siatements.
Approved by the Board of Trustees on .
and signcd on its behalf by
Trustee
Tru5tc¢
Mr P Bradbu
Dr M Howard
The notes on pages 8 t
I I form part of these financial stalcments.

St. Philomena's Carshalton Charitable Trust
Notes to the financlal statements (continued)
For the year ended 31 March 2021
Charltable status and tsxation
The company (hcr¢in ref¢rred to as 'the Trust,) is a regisler¢d Charity. limited by guarantee and does
not have a share capital. 'I'he company is incorporated within Ensland and Wales.
Accounting polieies
The financial statsments are prepared in a￿ordanC¢ with Accounting and Reporting by Charities:
Statement of Recommended Pra¢lice applicable to charities preporing their accounts in accordance
with the Firlancial Reporting Standard applicable in the UK and Republic of Jreland (FRS 102), the
Financial Reporting Standard applicable in the UK and Republic of fr¢land (FRS 102) the Charities
Act 2011, and thc Companies Act 2016.
They are drnwn up on the historical accounting basis. Th¢ ¢harity meets the definition of a public
benefit entity under FRS 102.
Income
Donations are credited to in¢om¢ when receiv¢d. Recoverable income tax is included with the
donation to which il r¢lat¢s. Any income tax which has still lo be re¢overed at the period end is
rc¢ognised as a debtor. Interest is rccognised when receivable.
C2pitalis&tion of tydngible fixed 25sets and depreciation
Purchases of tangible r￿ed assets aT¢ ¢apitalised where their useful lif¢ extends ovu mor¢ than one
year. Depreciation is calculated to write off the cost less estimated r¢sidual value of fixed assets on a
slraight-line basis over their cstimat¢d useful lives.
The only tangible fjxed assets WTied on the Balance sheet relate to improvements to leasehold
property.
A lease was brant¢d to the Trust in February 1998 by the Congregation of the Daughters of the Cmqs
of Liege for classrooms on the fwst and seLond Iloors of the main sch(K)I buildings, and this is due to
end in 2047. The costs capitalised as improvement to leasehold property are depreciated over their
estimated useful lives, deemed to bc the unexpired terni of the lease, ending in 2047.
23
Expenditure
Charitable expenditure comprises thos¢ costs incu￿ed by the charity in the delivery of its activities. It
includes both costs that can be alloeated directly to such activities and those costs of an indirect natyre
necessary to support them. Grants payable are recognised when the grant h&fj been awarded, and any
condition5 attached have been satisfied or fall outside the ohartty's wntrol.
Governance Costs include ihos¢ costs associated with meeting the constitutional and slalutory requirements
of the charity and include audit fee5 and costs linked to the strategie management of th¢ charity.
All cosls are allocated ￿tween the expenditur¢ ¢ategories of the Stattm¢nt of Financial Activitie5 on a
basis designed to reflect the us¢ of the tysource.
All expenditure is inclusive of iT￿0Ver#bIe V A-r.

St. Philomena's Carshalton Charitable Trust
Notes to the financial statements (continued)
For the year ended 31 March 2021
FuDd accounting
All funds are held as general unrestricted funds which arc availabl¢ for use at the discretion of the
Trustees in furtherance orth¢ general objectives of the Trust and which havc not been desi8nated for
other purposes.
These funds do includes the value of tangibl¢ fixed assets which have been purchased using
unrestricted funds, and so the Trust's complelely free r¢s¢rves comprise total funds l¢ss th¢ D¢t book
value oltaogible r￿ed assets held on the Balance Sheet.
EIpenditurc on charitable a¢tiviti¢s
2021
2020
Grants payable
Support costs
Governance costs (not¢ 4)
81,887
10,248
19,203
123,492
9,099
19,780
111,188
152,371
All grants are payable to St. Philomena's Catholic High School for Girls.
No on¢ is directly employed by the Trust.
Governance eosls
2021
2020
Bookkeeping fee
Independent examination fee
Accountancy and tax fees
15,203
2,000
2,000
15,630
2,000
2.150
19,203
19,780
TTUStees' transactions
No trustees received any remuneration or expenses frotn the Trust in the year or previous year.

St. Philomena's Carshalton Charitable Trust
Notes to the financial statements (continued)
For the year ended 31 March 2021
Tallgible r￿ed assets
Short leasehold
property improvetnellts
Cost
As at l April 2020 and 31 March 2021
341,301
Aceumulated depr￿latiOn
As at l April 2020
Charge for the year
143,040
6.837
As at 31 March 2021
149.877
Net book values
As at 31 March 2021
191,424
As at 31 March 2020
198,261
Debtors
2021
2020
Tax reclaimable (Gift Aid)
23,281
Short twm loan to The School (repayable before 31 August 2022) 85,000
27,090
85,000
108.281
112,090
Creditors- Amounts falling due within on¢ year
2021
21Y20
Amounts payable to the School
Accruals
6,000
3.846
6.000
3.fA6
9.846
9,846
Future commi¢men¢s
The Trustees have authorised that all available funds may be granled to th¢ School if required.
The Trust is likely to make contributions to the School towards:
Current VASCA projects of £40,628
Chromebooks of approximately £20,000
Salary costs of approximately £29,569
Chapel boiler roof and rwm rep&iTS £50.000.
io

St. Philomena's Carshalton Charitable Trust
Notes to the financial ststements (continuedl
For the year ended 31 March 2021
io
Related party transactions
During the year costs toialling £81.887 {2020= £123,492) were in¢urred relaling lo either payments
due directly lo St. Philomena's Sch(K)l. or to settle liabilities on th¢ S¢hool'.s behalf. These costs
mostly relate to grant5 fui buildlng works and oth¢r agreed projects.
Staff costs incurred by the School in relation to the Tn￿t. disclosed &s bookkeepillg fee within
governanc¢ costs, amounted to £15,203 (2020.. £15,630}.
There was no salary paid to the key manag¢ment of the charity (2020.. £nil).
The Trust advanced £85,000 to the School in the previous year. There is no fonnal repayment plan in
place bul it has been agreed that tho total will be repaid by 31 August 2022.
li
Membera, liability
F.ach member of the Ch￿1t￿ble Company undertakes to contribute to the asscts of th¢ Company in the
event of IÉ bcing wound up while helshe is a member, or within one year after helshe ceases to be a
member, such atnount as may b¢ required, not exceeding £1 forthe debts and liabilities contrActt¥J
b¢fore he/she ceases to be a meM￿r.