OpenCharities

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2022-04-05-accounts

Names and addresses ofadvisers
(Optional
information)
Names and addresses ofadvisers
(Optional
information)
T eofadviser
Name
Address
Independent
Examiner
Graeme
Kingshott
17Edgehill
Road Sheffield S71SP
Name ofchief executive or names ofsenior staff members
(Optional
information)
~
s
~ ~ ~ ~
Description ofthe charity's trusts
Type of governing
document
Deed ofTrust dated 4 March 1997subject to
24 September 2013and a further amendment
a Supplemental
Deed dated
on 15July 2015
How the charity is constituted Trust
Trustee selection methods Headteacher
ofthe Bennett Memorial
Diocesan School (ex officio), a
member
ofthe school community
nominated
by the School's Leadership
Team, and three trustees who are appointed
by the existing Trustees from
people who are Trustees ofthe Tenax Schools Trust or members ofthe
school's local governing
body at the time oftheir
appointment. At least
one Trustee ofthe charity must be a Trustee ofthe Tenax Schools Trust.
Additional
governance
issues (Optional
information)
You may choose to include
additional
information,
where
relevant,
about:
As trustees, governors
ofthe school or members
ofschool staff,
trustees
have received
training
and are familiar with the charity's
objectives.
the
aims and
~ policies and procedures
adopted for the induction
and
The trustees do not believe the charity, as a grant-making
body,
is subject
training oftrustees; to any substantial
risk beyond the
liabilities disclosed
in this report.
~ the charity's
organisational
structure
and any wider
network
with which the charity
works;
~ relationship
with any related
parties;
~ trustees'
consideration
of
major risks and the system
and procedures
to manage
them.
~ ~
The object ofthe trust is to advance the education of students
attending
Summary
ofthe objects
charity set out in its
governing
document
ofthe the Bennett Memorial
Diocesan School, Tunbridge
Wells, Kent by making
payments
to the school leadership
team and others for such purposes as
the trustees
may determine.
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 or costs which are not covered by public funding.
This enables the school to enhance the educational experience 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
these objects (include within
this section the statutory
The trustees have considered
charity commission
guidance
on Public
Benefit and believe that as an academy
serving the community
this is
clearly met.
declaration that trustees have
had regard tothe guidance
issued by the Charity
Commission
on public
benefit)

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
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
The trustees have decided this year to continue
to prepare receipt and
relevant about:
~
the charity's
principal
sources offunds (including
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 f250,000.
any fundraising);
~
how expenditure
has
supported
the key objectives
The charity is fully cash-based
and dependent
on the support of parents
and others
in order to achieve its main objectives.
The trustees are very
grateful for the generous
support
still given by so many parents.
ofthe charity;
~
investment
policy and
objectives including
any
Parents
usually
give support
through
regular
giving and at 5 April 2022
there were 8481 donors through
gift aid compared
to 472
in 2021.
ethical investment
policy
adopted.
Regular monthly
income from parents averaged
F4,226 down from
F5,072 in 2021.The impact ofCovid19 and the Economy
in general
impacting
on our income
The trustees consider that as a grant making
trust they are a going
concern.
No trustee received remuneration
or expenses
during
the year (2021)-
nil)
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~
~
~
~
~
~ ~ ~
~ ~
~ ~ ~
Unrestricted Restricted Endowment
Categories Details funds
to nearest 8
funds
io nearest 8
funds
io nearest 8
B1Cash funds Nai West Current Acoouoi 100
Nai West Reserve Account 21,811
Lloyds 32day notice account 133,802
Lloyda Business Account 51,834 266
Total cash funds 207,547 266
(agree balances with rvceipia and paymenla
accovciis))
Unrestricted Restricted Endowment
B2Other monetary assets Details to nearest 8 io nearest 8 io nearest 8
B3Investment assets Details Fund iowhich Cost (optional) Current value
B4Assets retained for the Details Fund towhich Cost (optional) Current value
charity's own use
Fund io which AIIlouht dua When dua
B5Liabilities Details
Signed by one or two trustees on
behalf ofa8 the trustees Date of
Signature Print Name
S)-(C(LR CL)RL/~(-f (C
l
)D
) '2K
09/01/2023