Stretham Charity
REPORT AND UNAUDrrED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2020

Stretham Charity
Contents
For the Year Ended 31 December 2020
Page
Charity Reference & Administrative deLiils
Trustees Annual Report
Statement of Trustees responsibilities
Independent Examiners Report
Unaudited consolidated Statement of financial artivities
Charity Statement of Financial Position
Notes fomiing part of the financial statements
&13

Stretham Charity
Charty reference & administrative detsils
For the Year Ended 31 December 2020
Trustees
Ex Officio Trustee:
Rev. Natalie Andrews
Nominated Trustees=
Mr. K. Petherick IChairm3nl
Mr. T. Yardy
Miss J. Parish Ivice Ch8irl
Mr. P. Saunt
Mr. P Speed
Co-opted Trustees:
Mr. A. Murfitt
Mrs S. Moor
Mrs. E. Rayner
Ms K. Clerk
Clerk
Ms J. Taylor
Correspondence Address:
4 Top Street
Stretham
Ely
Cambridgeshire
CB6 3JL
Bankers
Lloyds TSB Bank
Minster Place
Ely Cambridgeshire
Independent Examiner..
Mr. James Fordham ACPA
Fordham Finance Group LTD
100 Clay Street
Soh3m
Ely
Cambridgeshire
CB75HL
Charity Registration No=
1076863

Stretham Chartty
Trustees Annual Report
For the Year Ended 31 December 2020
Stretham Charity started in 1553 when the Revd. Dr Richard Rysley, then Rector of Stretham, left
bequests to assi5tthe poor of Stretham. and to help with their education- his foresight and generosity
continued in every parish to which he was called. Later bequests by local resider¢t Mrs Martha Digby.
and by Lady Effingham Howard, were added, and all are now administered together underthe Charty
Commission's Regulating Scheme No. 1076863 of I" July 1999, and in accordance with the ChariW5
Standing Orders.
There should be nine Trustees including the Team Vicar of Stretham lex-ofFiciol, and five nominees
from Stretham P3rish Council who each se￿e forfouryears. Trustees together appoint a further three
members who each serve for five year5. All newly-appointed Trustees are provided inter-olfto with
copy of the Regulating Scheme, Standing Orders, copies of the last two Annual Reports and Accounts,
and Minutes ofthe last Ordinary Meetings. All Twstees sign an Acceptance of Office.
In July 2020, Kier Petherickwas reelected as Chaim)an and Peter Saunt wa5 elected asvice Chairman.
the january meeting could not be attended by Kier so the election was pushed back, due to Covid this
wasn't then possible until July 2020. In May Natalie Andrews the team vicar took another position
within the Church as was no longer the Vicar of Stretham. Until a new Vicar is appointed the charity
will be down a trustee. The net income of the Charity has to be applied in the following manner-.-
Up to 20% of the said income shall be applied for the promotion of education in the parish of
Stretham in such ways as the Trustees think fit. and
The remaining income shall be applied for the relief of persons, including widows and
widowers resident in the parish of Stretham, who are in conditions of need, hardship, or
distress. either in gifts in kind orgrants of money, which may include grants to any almshouse
or other charitsble institution established for the benefit of such persons.
In 2020 the Charivs income was £39.88212019= £38.3331 and grants were made frorn income andlor
reserves in accordance with the objects of the Charity, having regard to its limitations.
When
considering applications for help wilh education fees. costs of study material, travel, courses, etc.. the
Trustees have also had regard to any hardship or need fartor in the household affecting the applicant,
which may override any purely educational consideration. A revised Terms of Reference was provided
to the Trustees to assist them with the allocation of Grants.
During 2020 our relationship continued wwth the community care organisation and via the Happy
Helpers continued to fund assistance for families of low Income in the home. Our relationship with
the school has continued and we have awarded grants for children from low income families to
attend the school trips. the school was in need of a new oven which the trustees were considerin&
however due to covid and lock down the oven was needed to provide meals to the older members
of the community who were isolating. This was a great success and the parish council and school
worked together to provide hot meals daily to many people in the village. The Trustees also
supported scrub making for the NHS works by providing funds for cotton for the 5eamstres5es to
make the garments. Support for the local play group to assist them wtth opening hour5 and
equipment was made. The trustees consider pre school year learning establishment of great
importance to the development of the village children and will continue to support this when
possible.

Stretham Charity
Trustees Annual Report {continued}
For the Year Ended 31 December 2020
In 2020 grants were made as follows:_
Hardship
Education
H3rd5hip grants to widowslwidowers:
Grants allocated education I hardship-
30 Grants
33 Grants
3.000
9.015
1.919
Total grants £13.93412019- £14,311)
The Charitls income 15 from agricu￿￿ra1 land and allotments. five cottages in Stretham, and a
proportion of income from land at Upton, fornierly in the freehold of Dr. Rysley the Charity's principal
benefactor, the Upton land being managed by Chrisf 5 College, Cambridge.
The Rysley Property Reserve is invested in the Equities Investment Fund for Charities IM&G Charifund
Accumulation Unitsl valued at £108,511 as at 31 December 2020. Routine ￿paIrS and maintenance
of properties is funded from their income.
The Charity own5 four eottages in Top Street, and 29a High Street which are let. Three cottages and
29a are on Assured Shorthold tenancies and one cottage is on a Regulated Tenancy. The Property at
29a High Street continues to be let out. The condition of the outbuildings used as sheds was discussed
and the Trustees will be working towards updating these in 2021
The freehold agricultural 13nd tenancy has been reviewed, as the four year grazing agreements are
due to be renewed in 2020 and a rental increase could be applied. One years notice was served to
allow for rent increase. The Uptake of allotments has improved this year with the addition of metal
gate, fenting and the installation of a vrater supply. Notice has been given to the allotment holders
for the rental increase from Ortober 2020. The trustees are still considering the allotment site or part
of for the community facility and additional housing. The Charity receives many enquiries for small
affordable rentals and the trustees feel this could be an opportunityto beable to assist. The allotment
land 15 at present outside of the permitted development area of Stretham. but its extent and proximity
to the village centre, and long-terni development potential. needs to be watched by the Trustees.
General funds of the Charity stood at £318.750 at 31st December 202012019.. 31)4.44813nd the
Trustee< policy is to keep a cash on hand balance of £15,000 to £20,000 to ensure that adequate
funds are available to meet unforeseen requests for help. During 2021 the trustees will review this
and look at moving funds to our long terrn M & G Charifund account.
Ourclerk 15 Ms JoanneTaylor, of 4. Topstreet. Stretham. Ely. Cambs. Jo can be contacted bytelephone
07761655511. Email- strethamcha
lerk
mail.com

Stretham Charity
Trustees, ￿Sponsibl1[ty statement
For the Year Ended 31 December 2020
Trustees, responsibilities statement
The trustees are responsible for prepartng the Trustees. Report and the financial statements in
accordance with applicable law and United Kingdom Accounting Stsndards Iunited Kingdom Generally
Accepted Accounting Prarticel
The law applicable to charities in England & Wales requires the trustees to prepare financial
statements for each financial year which give a true and fair view of the state of affairs of the charity
and of the incoming resources and application of ￿SOurceS of the charity forthat period. In preparing
these financial statements, the trustees are required to-
Selert Sultable accounting policies and then apply them conslstently:
Observe the methods and principles in the Charities SORP:
Make judgements and estimates that are re3sor13ble and prudent,.
State whether applicable accounting standards have been followed, subjett to any material
departures distlosed and explained in the financial statements-
Prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charty will continue in operation
The tnjstees are responsible for keeping proper accounting records that disclose with reasonable
accuracy at any time the financial position of the charity and enable them to ensure that the financial
statements comply with the Charities Act 2011. the Charity (Accounts and Report51 regulations 2008
and trust deed. They are also responsible for safeguarding the assets of the charity and hence for
taking reasonable steps for the prevention and detection of fraud and other irregularities.
Mr K Petherick
Chairman
Date .
zg109 I

Stretham Charity
Independent Examinerfs Report
For the Year Ended 31 December 2020
I report to the trustees on my examination of the consolidated finanaal statements of Stretharn Chartty forthe
year ended 31, December 2020. which are set out on pages 6- 13.
Responsibilrfties and basis ol report
As the trustee5 of the charity you are respO￿lbIe for the preparation of the financial statements in accordance
with the requirements of the Companies Act 2(X)61'the 2006 ACVI.
Having satisfied myself that the financial statements of the company are not required to be audited under Part
16 of the 2006 Act and are eligible for independent examination I report in respect of my examination of your
charivs accounts a5 carried out under section 145 of the Chartties Act 20111'the 2011 ACYI. In carrying out my
examination I havefollowed the Direction5given bythe Charity Commission under section 14515llbl of the 2011
An independent examination does not involvegathering allthe eviden￿ that would be required in an audit 3nd
consequently does not cover all the matters that an auditor considers in giving their opinion on the accounts.
The planning and conduct of an audit goe5 beyond the limited assurance that an independent exarninatton can
provide. Consequently. l express no opinion as to whetherthe financial Statements present a'true and fairviev/
and rny report 15 limited to those specific matters Set out in the independent examinerfs statement.
Independent examinerfs statement
I have cornpleted my examination. I confirm that no material matters have come to my attention in conrbertion
with the examination giwng me re350nable cause to believe that in any material respErt.'
accounting records were not kept in respect of the company as required by section 386 of the 2006
Act; or
the financial statements do not accor(I with those record5- or
the financi31 statements do not comply wr(h the accounting requirements of section 396 of the 2(#)6
Act oiher than any requirement that the financial staternents gNe a 'true and fair VTre￿ which is not a
matter considered as part of èn independent examination,. or
the financial statements have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice.. Accounting and Reporting by Charitie5 applicable to charities
preparing their financial 5taternents in accordance with the Financial Reporting Standard applicable in
the UK and Ireland IFRS 1021.
I have no c0Th￿rn$ and have come across no other Tnatters in connection with the examination to which
attention should be drawn in thi5 report in order to enable a proper understanding of the financial statements
to be reached.
Signed:
7hfrdi
Name.. Jtymes Fordhom ACPA
Name of applicable listed body-. Certjfied PublicAccountontsAssociotion fCPAA)
On behalf of Fordham Finance Group LTD
Address.. 8&90 Paul Street, London EC2A 4NE
Date= 2V0912021

Stretham Charity
Una¥Jdited consolidated statement of financial activities
For the Year Ended 31 December 2020
Endowment
Fur
2020
Total fvnds
2019
Total funds
Furos
Incomefram:
Rents
Cottages
Allotn7ents
Upton RysleyTrust
Donations
34.681
3.930
1.221
34,681
3.930
1,221
50
39,882
27,858
3,268
1,176
39.882
32,302
Investments
6,031
Total income
39.882
39,882
38,333
Expendhure on-
ChuritableArttvitre5
Grant5 & assistsnce payments
12
13,934
13.934
14,311
Otherexpenditure
Charityoperations
11.646
11,646
10.207
Total expendittire
25.580
25.580
24.518
Net gainsl Ilossesl on investmÈnts
116,(K531
17,253
Net intome I lexpendiiurel
11.7611
11,7611
31.068
Transfers between fvnds
Net movement ID funds
14
11,7611
11.7611
31,068
Reconcmiotkni offvnds
Total funds brought forward
429.022
i.oio.i(KJ
1.439,122
L408,OS4
Totsl funds orried fon¥¥d
427261
L￿0.1
IA37.361
IA39,122

Stretham Charrty
Charity Statement of Financial Position
As at 31 December 2020
Charity
2020
Charity
2019
Fixed assets
Buildings & Land
Fixtures and equipment
Investments
1,260,0
19,961
108,511
1,260,000
21,825
124,574
Total fixed assets
1,388,472
1,406,399
Currerrt assets
Debtors
Cash at bank and in hand
50,948
34,782
Totsl current assets
50,948
34,782
Creditors: amounts falling due
within one year
2,059
2.059
Net current assets
48,889
32.723
Totsl net assets
1,437,361
1,439,122
The funds of the charity
Unrestrirtedfund5
General fund
Rysley Property Reserve
Ertdowmentsfvnds
Permanent Endowments fund
io
318.750
108.511
304,448
124,574
li
i.0io,l(K)
i.oio,100
Total fund5
1,437.361
1,439.122
Mr K Petherick
Ms. Jo Taylor
Chaimian
Clerk
Date-
Date:

Stretham Charity
Notes forming part of the financial rtatements
For the Year Ended 310ecember 2020
l. Accounting poli¢ies
(a) TGngiblefixed assets ond dep￿lotion
Depreciation is calculated on tangible assets at rates calculated to write off the cost, less
estimated residual value of each asset over its expected useful life as follows-
Fixtures and equipment
IO% per annum on a straight-line basis
Individual fixed assets costing £5CK) or more are capttalised at cost.
(b) Reolised gains losses
All gains and losses are taken to the Statement of Financial Artivities as they arise. Realised gains
2nd losses on investments are calculated as the difference between sales proceeds and their
opening carrying value if acquired subsequent to the first day of the financial year.
Unrealised gains and losses are calculated as the difference between the fair value at the year
end and their carrying value. Realised and unreali5ed investment gains and losses are combined
in the Statement of Frnancial Activities.
(c) Debtors
Trade and other debtors are recognised and the settlement due after any discount offered.
Prepayments are valued at the amount prepaid net of any discounts due.
(d) Creditors orprovisions
Creditors and provisions are recognised where the chartty has a present obligation resulting from
a past event that will probably result in the transfer of funds to a third party and the amount due
to settle the obligation tan be mèasured or estimated reliably. Creditors and provisions are
normally recognised at their settlement amount after allowing for any trade discounts due.
(e) Funds accounting
Funds held by the tharitable group are-.
Unrestricted generol funds - these are funds which can be used in accordance with the
charitable objetts at the discretion of the tru5tee5.
PermunentEndowmentfunds- Long terni assets ￿longing to the charity which cannot be
expended for general use. The income derived from the permanent endowment fund is
unrestricted and can be used by the charity to fulfil its objectives.
Further explanation of the nature and purposes of each fund is included in the notes to the
accounts.

Stretham Charty
Notes fomiing part of the financial statements (continued)
For the Year Ended 31 December 2020
2. Critical accounting estimates and areas of judgement
Accounting estimates and judgements are continually evaluated and are based on historical
experience and other factors. including expectations of future events that are believed to be
reasonable under the circumstances.
Criticol accounting estimates and ossumptions
The tharwty makes estimates and assumption5 concerning the future. The ￿SuItIng accounting
estimates and assumptions will. by definition, seldom equal the related actual results. There are
no estimates and assumptions that have a significant risk of causing a material adjustment to the
carrying amounts of assets and liabilities within the next financial year.
Critical oret75 ofiudgement
The trustees do not consider there to be any critical areas of judgement that have a significant
effect on the amounts recognised in the financial statements.
Legal status of the tharity
The charity is a trust registered under the Charity Commission Scheme dated I" July 1999.
Emplownent Costs
The charity did not have any employee5 during the year.12019.. 01
5. Trustee remuneratii>n and expenses
During the year, no trustee received remuneration for Services rendered to the charity in
relation to maintenance work on the allotment.
2020
2019
310
TERRY ARTHUR YARDY

Stretham Chartty
Notes forming part of the financial statements Icontinued}
For the Year Ended 31 December 2020
6. Tangible Assets
Long leasehold
land and
buildings
Fixtures &
equipment
Charity Total
Cost
At l January 2019
Additions
Disposals
1,260.0(X)
21.825
1,281,825
At 31 December 2019
1,260,iX)O
21.825
1.281,825
Depreciotion
At l January 2020
Provided for the year
Dispos315
1,864
1,864
At 31 December 2020
1.864
1,864
Net book volue
At 31 December 2020
1.260.000
19,961
1,279.961
At 31 December 2019
1,260,0(XI
21.825
1,281,825
Investments
2020
Market Value
At I lanu3ry 2020
Additions
Net investment gains/llossesl
124.574
116,063)
At 31 December 2020
108.511
Cost at 31 December 2020
98￿82
Net unrealised gains1llossesl included in net investment
9,629
All investments are carried at their fair value. Investments in equities are all traded in quoted
public markets, primarily the London Stock Exchange. The basis for fair value for quoted
investments is equivalent to market value. using the bid price. Asset sales and purchases are
recognised at the date of trade at cost (that is their market value).
io

Stretham Charity
Notes forming part of the financial statements Icontinuedl
For the Year Ended 31 December 2020
7. Investments (continued)
The significance of financial instruments on the ongoing financial sustainability of the charity
is considered in the financial review and investment policy and performance sections of the
trustees, annual report.
The main risk to the chartty from financial instruments lies in a combination of uncertain
markets and volatility of equty income. The charity manages these risks by operating a policy
ot investing in common investment funds principally designed for charities, which are quoted
on recognised stock exchanges. Consequently, there is a low risk to liquidity- The charity also
principally holds its investment portfolio with a view to maintsining a longer term return and
as such would expect short term volatility will be corrected in the longer term.
8. Creditors.. amounts falling due within one year
2020
2019
Trade creditors
1,159
1,159
Other taxes and social security costs
Accruals and deferred income
900
900
2,059
2,059
9. Accounting policies
The accounts have been prepared in accordance with the provisions of FRS 102 Section IA Small
Entities. There were no material departures from this standard.
li

Stretham Charity
Notes forming part of the financial statements Icontinued)
For the Year Ended 31 December 2020
10. Unrestricted funds
Total
2020
Totsl
2019
General
Fund
Property
Reserve
Balance at l Jan 2020
124.S74
429,022
397.954
Net income/lexpenditurel
14,302
14,302
13,815
Net Investment 8ain
116.0631
116,0631
17.253
Transfers
Balance at 31 Dei 2020
318.750
108.511
427,261
429,022
11. Endowments Funds
Current year
Balance
l January
2020
Balan¢e
31 December
2020
Intome
Expenditure
Pemanent Endowments Fuftd
I,oio.I
I,oio,l￿)
Total Endowment funds
I,oio,I
I,oio.ioo
The permanent endowment fund consists of
Approximately Thirty-two acres of land in Starlock and Hay Fen Common, Stretham, as
detailed in the Charity Commission's Regulating Scheme of 1913.
Four cottage5, No's. 8, 10. 12 & 14, Top Street, Stretham. buiFt in 1844.
Entitlement to a proportion of the rent arising from an estate at Upton. Cambridgeshire, as
detailed in the Charity Commission's Regulating Scheme of 1913, the land being the property
of Christ, s College, Cambridge.
The income is pro)rided to the charity on an unrestricted basis ft)r general use in pursuit of the
charivs overall objectives.
12

Stretham Charity
Note5 forFning part of the financial statements Icontinued)
For the Year Ended 31 December 2020
. Expenditure on Charitable Activtties
2020 Total
2019 Total
Cost dirertly
allocated to
artwities
Basi5 of
allocation
Charitsble
expenditure
8,426
2,585
3.300
Hardship Grants
Education Grants
Widow Grants
SWF Grants
Happy Helpers
Assistance
Direct
Direct
Direct
Direct
Dirert
7.507
1,919
9,015
1,919
1,508
1,913
13,934
13,934
16,224
13. Other expenditure
Totsl
2020
Totsl
2019
1,203
744
510
3,165
918
274
Property Repairs & Maintenance
Insurance
Allotment Maintenan
Clerk's honorarium
Accountancy & examination
Rates
Website
Legal Expenses
Light & Heat
Depreciation
Sundry Expenses
3.703
609
3.100
900
274
420
181
1864
1,300
11.646
8,294
14. Movements in ti)tsl lund5 forthe year
This is stated after charging-
2020
2019
Accountanys remuneratior4 for independent examination
900
900
13