| Names and addresses ofadvisers (Optional information) |
Names and addresses ofadvisers (Optional information) |
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| T | eofadviser Name |
Address | ||||||
| Independent Examiner Graeme |
Kingshott 17Edgehill Road Sheffield S71SP |
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| 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 |
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| 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 |
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| 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) |
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| 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 |
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| ~ | 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. |
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| ~ | the charity's organisational |
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| structure and any wider |
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| network with which the charity |
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| works; | ||||||||
| ~ | relationship with any related |
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| parties; | ||||||||
| ~ | trustees' consideration of |
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| major risks and the system | ||||||||
| and procedures to manage |
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| them. | ||||||||
| ~ ~ |
| The object ofthe trust is to advance the education | of students attending |
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|---|---|---|---|---|---|
| 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. |
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| 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 |
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| 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 |
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| Summary | ofthe main | achieving the charity's objectives. |
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| 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. |
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| declaration | that trustees | have | |||
| had regard | tothe guidance | ||||
| issued by | the Charity | ||||
| Commission on public |
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| 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 |
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| 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 |
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| 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 | Name | ||||||||||
| S)-(C(LR | CL)RL/~(-f | (C l )D |
) '2K | ||||||||
| 09/01/2023 |