## NORTH HINKSEY CHURCH OF ENGLAND SCHOOL TRUST CHARITY NUMBER: 1069875 

## Financial Statements 

31[st] December 2022 

Prepared by The Revd. Graham T G Sykes ACIB 



## **North Hinksey Church of England School Trust (charity no. 1069875) Financial Statement for year end 31[st] December 2022** prepared by The Revd GTG Sykes, ACIB 

## **History** 

The Trust was established by scheme that was sealed on 5[th] July 1996 its capital base being the proceeds of the sale of the North Hinksey School House now held in the form of 8,845.21 Income Shares in the CBF Church of England Investment Fund. 

## **Purpose** 

Acting in accordance with the principles and doctrines of the Church of England the trust exists to 

- a. Provide at North Hinksey Church of England Primary School special benefits of any kind for which provision is not made from public funds. 

- b. Promote the education of pupils attending the school 

## **The Trustees** 

Custodian Trustee: Diocesan Trustees (Oxford) Ltd. 

The Managing Trustees:  The Incumbent of the parish (ex-officio) One appointed by the North Hinksey PCC a One appointed by the Governing Body of North Hinksey Church of England Primary School 

The appointed trustees serve for a period of four years. 

## **Managing Trustees 2022** 

The Incumbent: The Revd. Clare Sykes (Appointed  2012) PCC Trustee: Miss Janet Farrow (Re-Appointed  2021) Governing Body Trustee: Dr Dudley Hoddinott (Re-Appointed  2021) 

## **Bankers** 

Lloyds Bank Plc, PO Box 8; 1-5 High Street, Carfax, Oxford. OX1 4AA 

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|**North Hinksey Church of England School Trust**|**North Hinksey Church of England School Trust**|**North Hinksey Church of England School Trust**|**North Hinksey Church of England School Trust**|**North Hinksey Church of England School Trust**|**North Hinksey Church of England School Trust**|
|---|---|---|---|---|---|
|||||||
|**Financial Year to 31.12.22**||||||
|||||||
|**Income and Expenditure**||||||
|||||||
|**Income**||**2021**||**2022**||
|Income from CBF Capital Fund||5,256.69||5,435.39||
|Income from CBF Deposit Fund||9.75||311.97||
|||||||
|||||||
|**Total Income**||5,266.44||5,747.36||
|||||||
|**Expenditure**||||||
|Grants made||-||6,000.00||
|**Total Expenditure**||-||6,000.00||
|||||||
|**Net incoming (outgoing) resources**||5,266.44||252.64<br>-||
|||||||
|**Funds Flow**||||||
|||2021||**2022**||
|**Funds**||||||
|Total expendable funds brought forward||35,561.54||40,827.98||
|||||||
|Net incoming(outgoing) resources in year||5,266.44||252.64<br>-||
|||||||
|**Total expendable funds carried forward**||40,827.98||40,575.34||
|||||||
|**Balance Sheet**||||||
|||2021||**2022**||
|**Assets**||||||
|**Capital Funds**||||||
|**CBF Capital Fund (127002864S)**||||||
|Funds brought forward||180,855.36||207,138.01||
|Unrealised gains/losses in year||26,282.65||24,383.59<br>-||
|||||||
|**Funds Carried Forward**||207,138.01||182,754.42||
|||||||
|**Working Funds**||||||
|||||||
|**CBF Deposit Fund (771840001D)**||||||
|Funds brought forward||17,191.66||22,458.10||
|Net Income / Transfer out||5,266.44||252.64<br>-||
|||||||
|**Funds Carried Forward**||22,458.10||22,205.46||
|||||||
|**Lloyds Bank Plc**||||||
|Funds brought forward||276.43||276.43||
|Transfers from Expendable Funds||-||6,000.00||
|Grants Made||-||6,000.00||
|||||||
|**Funds carried forward**||276.43||276.43||
|||||||
|Total Capital Funds||207,138.01||182,754.42||
|Total Working  Funds||22,734.53||22,481.89||
|**Total Assets**||229,872.54||205,236.31||
|**Total Liabilities**||||||



These financial statements were agreed at a meeting of the Managing Trustees held on 

The Revd.  Clare Sykes. Chair of the Managing Trustees 

11[th] August  2023 11[th] August 2023 

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## **Independent examiner's report on the accounts** 

**Section A** 

**Report to the trustees/ members of North Hinksey Church of England School Trust On accounts for the year ended 31/12/2022 Charity Number** 1069875 

**Set out on pages** 

## Pages 1 - 2 above 

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 30/06/2022 

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). 

I report in respect of my examination of the Trust’s accounts carried out  under section 145 of the 2011 Act **Responsibilities and basis of** and in carrying out my examination, I have followed the applicable Directions given by the Charity **report** Commission under section 145(5)(b) of the Act. 

I have completed my examination.  I confirm that no material matters have come to my attention  in connection with the examination which gives me cause to believe that in, any material respect: 

- accounting records were not kept in accordance with section 130 of the Act 

**Independent examiner's statement** 

- the accounts do not accord with the accounting records 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

**Signed:** 


> **Date:** 31/07/2023 

**Name:** The Rev.d Graham TG Sykes 

**Relevant professional qualification(s) or body (if** ACIB **any):** 

**Address:** 81 West Way Botley Oxford OX2 9JY 

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