| The object ofthe trust is to advance the | education | ofstudents | attending | ||||
|---|---|---|---|---|---|---|---|
| Summary ofthe objects charity set out in its governing document |
ofthe | the Bennett Memorial Diocesan School, payments to the school leadership team the trustees may determine. |
Tunbridge Wells, Kent by making and others for such purposes as |
||||
| The trust raises funds primarily through donations |
from parents | of | |||||
| students at the school. These funds are | used to make grants to the | ||||||
| school for activities orcosts which are not covered | by public funding. | ||||||
| This enables the school to enhance the educational | expedience | of | |||||
| students, particularly supporting the Christian ethos ofthe school and the |
|||||||
| wider curriculum. | |||||||
| As all ofthe trustees are also trustees ofthe Tenax Schools Trust or | |||||||
| governors or teachers ofthe school, they are able |
to see how the charity | ||||||
| money benefits the teaching and learning |
ofstudents and therefore |
||||||
| Summary ofthe main | achieving the charity's objectives. |
||||||
| activities undertaken | for | the | |||||
| public benefit in relation | to | The trustees have considered charity commission |
guidance on |
Public | |||
| these objects (include | within | Benefit and believe that as an academy | serving the community | this is | |||
| this section | the statutory | clearly met. | |||||
| declaration | that trustees | have | |||||
| had regard | to the guidance | ||||||
| issued by the Charity | |||||||
| Commission | on public | ||||||
| benefit) |
| Briefstatement ofthe charity's policy on reserves |
Briefstatement ofthe charity's policy on reserves |
Briefstatement ofthe charity's policy on reserves |
Briefstatement ofthe charity's policy on reserves |
The trustees acknowledge that funds raised should be expended as soon as possible on the objectives ofthe school charity. Although the funds |
The trustees acknowledge that funds raised should be expended as soon as possible on the objectives ofthe school charity. Although the funds |
|---|---|---|---|---|---|
| held by the charity are at times substantial, they are essentially ofa |
|||||
| short-term nature since they are always available to meet requests from |
|||||
| the school to finance projects for the advancement ofthe education |
of its | ||||
| students. | |||||
| Details ofany funds | materially | ||||
| in | deficit | ||||
| Further financial review details |
(Optional information) |
||||
| You may choose to include additional information, where relevant about: ~ the charity's principal sources offunds (including |
The trustees have decided this year to continue to prepare receipt and payments accounts rather than accrual accounts. This simplified form of accounting is allowed under section 133ofthe Charities Act 2011 provided the charity's gross income is not over 2250,000. |
||||
| any fundraising); | The charity is fully cash-based and dependent on the support of parents |
||||
| ~ | how expenditure has supported the key objectives |
and others in order to achieve its main objectives. The trustees are grateful for the generous support still given by so many parents. |
very | ||
| ~ | ofthe charity; investment policy and objectives including any |
Parents usually give support through regular giving and at 5 April 2021 there were 472 donors through gift aid compared to 434 in 2020. |
|||
| ethical investment adopted. |
policy | Regular monthly income from parents averaged E4,388, down from f5,442 in 2020. This year has been exceptional and the hope is for |
|||
| improvement in income during the next financial year. The trust does, in |
|||||
| addition, receive donations relating to the 3G pitch project which are |
|||||
| classified as restricted funds, but these payments were completed in |
this | ||||
| financial year. | |||||
| The trustees consider that as a grant making trust they are a going |
|||||
| concern. | |||||
| No trustee received remuneration orexpenses during the year (2020- |
|||||
| nil) | |||||
| - | |||||
| ~ ~ ~ ~ . ~ . ~ |
| ~ | ~ | ~ | ~ | ~ | ~ ~ | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | |||||||||||
| Categories | Details | funds | funds | funds | |||||||||
| to nearest 6 | io nearest 6 | to nearest 6 | |||||||||||
| Bf Cash | funds | Nai West Current Acoouni | 100 | ||||||||||
| Nai West Rasarva Account | 44,336 | ||||||||||||
| Lioydc 32 day | notice | account | 133,761 | ||||||||||
| Lioyda Business Account | 4,661 | 266 | |||||||||||
| Total | cash funds | 183,087 | |||||||||||
| (agrce bciaccec | with receipts acd payments | ||||||||||||
| acccuci(s)) | |||||||||||||
| Unrestricted | Restricted | Endowment | |||||||||||
| B2Other | monetary assets | Details | to nearest 6 | to nearest 6 | to neareat 6 | ||||||||
| B3Investment | assets | Details | Fund to | which | Cost (optionai) | Current vaiua | |||||||
| B4Assets retained for the | Details | Fund io | which | Cost (optional) | Current value | ||||||||
| charity's | own | use | |||||||||||
| B5Liabilities | Details | Fund to | which | Amount | due | When due | |||||||
| Signed by one or two trustees on | |||||||||||||
| behalf ofall | the trustees | ||||||||||||
| ignature | Name | Date of | |||||||||||
| Q.l | 1 20"6 |