## **Trustees’ Annual Report for the period** **From 1[st] January 2020 to 31[st] December 2020** ## **Charity name: Madeley Schools Charity Charity registration number: 10682366** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To provide schools in the area of benefit**
**and special benefits in kind not usually**
**provided by the Local Authority.**
**To provide individuals under 25 who are**
**resident in the Parish of Madeley (or who**
**have parent/s resident in the said parish),**
**or in the Parish of Mucklestone in need of**
**financial assistance to pursue**
**scholarships, exhibitions, bursaries to**
**further their education or enter a trade,**
**profession, occupation or service on**
**leaving school.**| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|**Sir John Offley School in the area of**
**benefit has free access to land the**
**Charity owns. No payments were made to**
**the other schools or individuals due to**
**difficulties with Covid and the need to**
**dispose of an asset to provide a higher**
**income to the charity for financial**
**disbursement. **| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**I can confirm that the Trustees are aware**
**of the guidance issued by the Charity**
**Commission.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|**Grants to individuals are set at a**
**maximum of £300 and evidence of “need”**
**must be forthcoming before grants are**
**issued.**| |Contribution made by
volunteers|Para 1.38|**The administration of the Charity is**
**carried out free of charge including the**
**examination of the end of year accounts.**| 1 ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**2020 was a difficult year for all**
**concerned. However the main**
**achievement centred on the sale of a**
**major asset that realised the sum of £158,**
**232 after disbursements had been made.**
**This was invested in the CCLA Charities**
**Investment Fund Income Units fund so**
**disbursements could recommence in**
**2021 from the interest payments from the**
**COIF fund once all outstanding invoices**
**from Sir John Offley School had been**
**paid by the Charity.**
**The sale of this asset will ensure that**
**there will be further benefit to schools**
**and individuals from this larger**
**investment fund.**| **Additional information (optional)** You may choose to include further statements where relevant about: Other 2 ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**The Charity held 18,334.96 units with**
**CCLA at 31st December 2020 compared to**
**9049.59 units at 31st December 2019. The**
**additional units were purchased from the**
**sale of a building asset owned by the**
**charity.**
**It had £7306.14 in the reserve account**
**and £100 in the current account.**
**Income was derived from CCLA income**
**and bank interest**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**Trustees dedicate 20% of income from**
**the previous financial year be set aside to**
**fund individual applications for funding;**
**if this is not disbursed as in 2020 this**
**goes back into the main fund for 2021 for**
**the schools disbursement.**
**Reasonable funds are kept back to**
**ensure appropriate insurance cover for**
**the Charity and the remaining assets it**
**owns in the grounds of Sir John Offley**
**School along with any potential legal**
**costs to dispose of its assets in the**
**correct manner.**| |Amount of reserves held|Para 1.22|**£4937.96**| |Reasons for holding zero
reserves|Para 1.22|**N/A**| |Details of fund materially in
deficit|Para 1.24|**No funds are in deficit**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**There are no concerns**| **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**Funding sources in 2020 were from**
**interest paid on the investment in COIF**
**with an additional boost to the capital**
**sum from the sale of the asset.**| |---|---|---|---| ||||| 3 ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Trust**| |How is the charity
constituted?
(e.g. unincorporated
association, CIO)|Para 1.25|**Under 1997 scheme.**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**One ex officio member-benefice of All**
**Saints Church, Madeley.**
**Four co-operative trustees based on local**
**knowledge and experience.**
**One of the four nominated by Madeley**
**Parish Council**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**NA**| |Relationship with any related
parties|Para 1.51|**Relationship with the diocese of**
**Lichfield. Sir John Offley School is**
**Assisted and under the scheme entitled**
**to access any Charity owned assets free**
**of charge.**| |Other||| ## **Reference and Administrative details** |Charityname|Madeley Schools Charity| |---|---| |Other name the charity uses|| |Registered charitynumber|1068236| |Charity’s principal address|10 Freebridge close,
Longton,
Stoke-on-Trent.
ST3 5XQ| ||| 4 **Names of the charity trustees who manage the charity** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**| |---|---|---|---|---| ||GaryWhite|Chairman|Wholeyear|| ||Alan Davenport||Wholeyear|MadeleyParish Council| ||Dawn Cotton||Wholeyear|| ||Clare Hill||Wholeyear|| ||Rev Peter Chantry|Ex-officio|1stJan 20-26thJuly20|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| Corporate trustees – names of the directors at the date the report was approved **Director name NA** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** 5 ## **Funds held as custodian trustees on behalf of others** Description of the assets NA held in this capacity Name and objects of the NA charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for NA safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** 6 ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Janet Simpson **Position (eg Secretary,** Clerk to the Trustees **Chair, etc) Date** 7th October 2021 7 MADELEY SCHOOLS CHARITY BUDGETSHEET 2020 EXPENDITURE DATE CHQ NO WHO 6th feb 339 Byatt & Oliver 4th August 340 Eric Rawlins WHY 0/5 and boundary definition work Annual Insurance policy TOTAL 408 949.45 Total 1357.45 INCOME 31st Jan 28th Feb 28th Feb 31st Mar 30th April 29th May 9th May 30thjune 31stJuly 28-Aug 28th Aug 30th sept 30th Oct 30th Nov 30th Nov 31st Dec Total Balances brought forward at 31st Dec 19 Reserve Bank interest Bank interest 0.55 0.42 1129.39 0.62 0.57 0.55 1193.64 CCLA Bank interest Bank interest Bank interest CCLA Bank interest Bank interest Bank interest CCLA Bank interest Bank interest Bank interest CCLA Bank interest 0.03 1193.64 0.04 0.04 0.04 2381.71 0.06 5901.38 4937.96 l(K) 5037.96 Current Totsl COMPLETION STATEMENT Madeley Schools Charity in account with tinsdills.-, ..citors Sale of the Old School House. Woore Road. Madeley, Crewe, CW 9PH RECEIPTS PA YMENTS RECEIPTS Sale Price 162,500.00 PAYMENTS Tinsdills invoice las attached} 2,203.00 Access policy 115.00 Louis Taylor- selling fee 1,950.00 BALANCE due to you £158,232.00 TOTALS £ 162,500.00 162,500.00 tinsdill$nlicitors CCLA COIF Charities Investm•rt Fund- Income Units ststement of Account m￿ J Sinp 10 Freebndge aose STOKE￿￿TREm[ sr3 5XQ 31 ￿m￿tr2020 ert Nam&. MADELFf SCHOOLS CHARrrf rrt Number. 512tX30(K)1T-Swal Benefrt FUTh StatenEnt of unittK>lding held cn 31 December 2020 NumLwof urits Totsl )rthokJTig 9,049.59 18,334. 18,334. unr( p 01107r20 Brought Foward BoLKJht Carr*d Forward 158Z32.U) 1704.10 285.37 31112r20 On 31 Decemier2020 the mid Thtketvalue Inei assot ￿lUe} ol one unit in the Fund was 1801.14 pence and the bid marketvalue ol one unit was 1797.57 pence gThing y(xJr investment at tkot C￿e a value of £ 330,238.30 and bKI mathet value of £ 329,583.74k ststement of Dwidand5 tjgd during 6 mt)tths to 31 tknber 2020 For Peri(xJ NUMk￿ ot units Rate En(bJ he urmt-p 13.19 12.YJ nt PaKI Date Recemru knnt 2PI(W20 3011 IRO 9,049.59 18,334.96 tAinka(tcxJnt rthrIat￿ tk4rnkatt￿nt 2*1.71 From May 2020. prices and yields for CCLA'S Funds will no longer appear in the Financial Times. To vigw the fund PTiCèS and yields. please visit www.ccla.co.uk cOAFundMgnw￿￿hllR￿i￿￿ i￿E￿L9rd No.8r￿￿1 tsautr)ri* onoUrKthtsww.￿aW.u￿ ￿YoL)r￿ulfv*ttVy, pknGOnt•A wulated￿￿Fl1W￿1COnd￿tAthh¢rIty1FCw urKI8rthe￿r￿Th￿￿ vx*ThIMa**pazmiFSM￿arxl ￿]he FIS￿b$4￿ry￿￿*Cc￿Fo￿r1￿1￿￿sts￿ertFurwjWylandaxxju[￿w11 t Lud w?lir%wthFC4rg]uireff*itsfullyear8xuuntsVrillbeawLq￿0Wthln rnK)nth5afterfvyeyernl. Page: l of 1 St. Mary's CE (A) Primary School Mucklestone, Market Drayton, Shropshire TF9 4ON TelephonelFax.' 01630 672 126 E-mail.. Website. w Headteacher,. Mrs Clare Hill I report to the trustoe5 on my examination ol ihe accounts ol the Madeley Schools Charity Iihe Charity) for rhe year ended 31 December 2020. Res onsibilities and basis ol re ort A5 the charity trustees ol rhe Trust you are responsible lor rhe preparation ol the èccounrs in accordance with the requirenients ol the Charities Act 2011 I'ihe Aci'i. I repori In respeci ol mv examinaiion of the Trust's accounis carriecj out linder section la5 01 the 201 l Act and In carrying out my examination I have followed all the applicable Directiofis gikeiTr bv Ilie Charity Commission under section 14515llbl of the Aci Inde endent examinerfs Statement I liave completed my exafnination I confirm that no material n13tlefS have come to my attention in connection with the examination giv5ng me cause to believe that In any maierial respect. accountin8 records were noi kept in respect ol the Trust as reouired by seciion 130 01 the Act. I have no concerns and have come ècross no othei mailers in coniiection with the examination to which attention should be drawn In this report In order to enable a proper understanding 01 the accounts to be reacheo $18ned.. Naine,. Jane Sellman IOSM- St Mary's CE IA) Priniarl Scliooll Address.. St Mary's CE IA) Primary School, Mucklestone. Klarket Drayton Shropshire. TF9ADN Date.. 21, July 2021 County Council 'Living, loving, learning in Gcé's care,