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THE COUNTY OF HEREFORDSHtRE DISTIUCT COUNCIL
THE SYLVIA SHORT EDUCATIONAL CHARITY
LEGAL AND ADMINISTRATIVE INFORMATION
ST
ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022
Index
Page
Legal and Adrninistrative Infonnation
Trustees, Annua] report
Independent Examiner's RepK)rt
Statement of Financial Activities
Balance Sheet
Notes to the accounts

THE COUNTY OF HEREF0RDs￿RE DISTRICT COUNCIL
THE SYLVIA SHORT EDUCATIONAL CHARITY
LEGAL AND ADIWIINISTRATIVE INFORMATION
ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2022
Charity Narne..
The Sylvia Short Educational Charity
Charity Number:
1095722
Trustees..
Paul Murray {Chairnian of Tn￿tees)
Cynthia M L MoTTison
Philip Price
Dominic Hart)our
John Hulse
Zoe MciEaTh
Re￿stered Office.,
Herefordshire District Council
POBOX 185
Hereford
HR4 9ZR
Independent Examiner:
R J Francis and Co
Marshall Business Centre
Faraday Road
Hereford
HR4 9NS
Bankers:
Natwe5t Bank
Broad Street
Hereford
Investment Managers:
Inve5tec Wealth & Investments

THE COUNTY OF HEREFORDSHIRE DISTIUCT COUIYCIL
THE SYLVIA SHORT EDUCATIONAL CHARITY
LEGAL AND ADMINISTRATIVE INFORMATION
ACCOUNTS FOR THE YEAR EIYDED 31ST MARCH 2022
The tLlJStees present their annual report and Unaudit￿ financial statements for the year ended
31. March 2022.
The t￿SteeS have adopted the provisions of the Statement of Recommended Pra¢lice (SORP)
"Accounting and reporting by Charities" ISSU￿ in 2005 in preparing th¢ annual report and
financial statetnent for charity.
Structure, Governance and Management
The Trustees in office during the year were as follows:
Paul Murray (Chair of Tn￿tees)
Philip Price
Cynthia M L Morrison
Dominic Harbour
John Hulse
Zoe McLean
The charity is constituted by Deed of Trust dated 30 August 2￿2 and amended l O, June
Ih
2001 and 10 December 2010.
(Trustees are appointed or reappointed annually at the Annual General Meeting held in June.)
The charity's capital is invested in a ￿rtfoliO of investments managed by Investec Wealth
and Inv¢stment. The portfolio Contains a div¢rsifi¢d mix of wll¢ctiv¢ investm¢nts with a low
to medium risk income mandate to provide income for the stated charitable purposes whilst
looking to protcct the real value of thc capital over the long tcrni. The assel allocation will
typically cover Fixed Interest, Equities, Commercial property, Alternative Investments and
Cash.
ObJe¢tlve and Aetlvltles
To pmmote educational activities away from the school classroom by making grants for
fieldwork and extra mural studies to school groups and individuals. The recipients must be
under th¢ a8e 19. in need of financial &ssistance, and attending school or college in the county
of Herefordshire.
In our approval of grants the trustees have kq)t in mind the Charity Commission's 8uidance
on publi¢ benefit. To that end, the focus of the Charity's activities remained that of:

THE COUNTY OF HEREFORDSHIRE DISTRICT COUNCIL
THE SYLVIA SHORT EDUCATIONAL CHARITY
LEGAL AND ADMINISTRATIVE INFORMATION
ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2022
Providing fimding to Herefordshire schools to contribute to or cover the Cost of
groups attending educational course5, especially fieldwork, visits to museums and art
galleries and drama perfonnances and Workshops.
Making grants to individuals for most of the same purwses.
Achievements and performance
During the period under examination the total grants awarded amount to £19,255.00 which
included a further £5,835 to The Courtyard Theatre and Border Film Festival towards
ongoing transport costs to a]low schools to att¢nd perforniances.
Th¢ number of schools and collcges r¢ceIV￿ grants was 12 and 3 individuals.
Flnanclal review and reserve$ Polley
The charity's capital is invested in low risk areas of the stock market and is managed by the
stock brokers Inv¢stec Wealth & Investsnent. Their representative, Ms Michele Rogers
attends our meetings which occur three times a year.
She gives a detailed account of the fijnd's perforn]ance and answers questions put by trustees.
The yield this financial year h&s at least enabled the charity to make a useful contribution to
education in Herefordshire.
The njnning cots of the charity are minimal th¢refore th¢ trustees consider that a reserve of
£2.000 is sufficient.
Approved by the truslees on
4.1.202+
and signed on their behalf by: .
Paul Murray
Chairnian

INDEPENDENT EXAMINER'S REPORT ON THE ACCOUIYTS
ACCOUNTS FOR THE YEAR ENDED 31- MARCH 2022
TO THE TRUSTEES OF THE SYLVIA SHORT EDUCATIOIYAL
CllA￿TY
I report on the accounts of the charity for the year end￿ 31 March 2022 which are set out on
page 5 to 9.
Respective responsibilities of tru$tee$ and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees
consideT that an audit is not requira for this year under section 144(2) of the Charities Act
2011 (the 2011 Act) and that an indepmdent examination is needed.
It is my responsibility to:
examine the accounts under section 145 of the 2011 Act.
to follow the procedures laid down in the General Directions given by the Charity
commission under section 145(5)(b) of the 201 l A¢l' and
to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination w&8 carried out in accordance with general Directions given by the Charity
Comrni55ioners. An examination includes a review of the accounting records kept by the
charity and comparison of the accounts presented with those records. It also includes
consideration of any unusual items of disclosures in the accounts, and seeking explanations
from the trustees concerning any such matters. The procojures undertaken do not provide all
the evidence that would be required in an audiL and consequently no opinion is ￿VeTh as to
whether the accounts present a 'true and fair view, and the report is limited to those matters set
out in the statement below.
Independent examiner's statement
In connection with my examination. no matter has Come to my attention
which gives mc r¢asonable causc to believe thal t￿ any material respect the
requirements
to keep accounting records in accordance with section 130 of the 2011 Ad. and
to prepare accounts which accord with the accounting records and comply with
the accounting rquirements of the 2011 Act
have not been met. or
2. to which, in my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be ￿Ched.
Slgn
Date ts./.-2c,29
A D Bonelle
Chartered Aceountant
R J Fran¢l$ & Co
Marshall Business CeDtr¢, Farad2y Roa(L Hereford HR4 9NS

SYLVtA SHORT EDUCATIONAL CHAIUTY
EMENT OF FINANCIAL ACTIVITIES (INCOME & EXPENDITURE
UNTS) FOR THE YEAR ENDED 31ST MARCH 2022
Unrestricted Endowment
Fund$
Funds
Total
Funds
2022
Total
Funds
2021
Note
g resources
Jig resotsrcesfrom
lfynds
ent income:
ford Council - dividend inwme
tec - divid¢nd income
leresl
492
25,605
492
25,605
607
34,081
come
2,403
2,403
2,180
ne0n￿ll8 resources
28.500
28.500
36,868
ce$ expended
ble activiltes
Is awarded
cancelled due to lockdown
19,255
19,255
3.635
(3,586}
I generatingfvndg
Iment management costs
harges
ance costs
ents to Trustees&Secretary
governance costs
lancy fees
12,159
12,159
11,016
3,401
2,470
1,8(K)
3,401
2,470
1,800
3,272
588
esources expended
26,926
12,159
39,085
14,925
ources receivedl(expended)
1,574
{12,159}
(10,585)
21,943
recognised gaIn￿lo$Se$
and unreal1sedgai￿/(I0￿sesJ
simenl assets
lec Wealth&lnvestment
fordslllre Council
28,298
28,298
164,772
vement In funds
1,574
16,139
17,713
186,715
nds brought forward
between fi￿dS
49,510
1,191,696
1,241,206
1,054,491
und$ eaTried forward
51.084
1.207.835
1258,919
1,241,206

THE SYLVIA SHORT EDUCATIONAL CIIARITY
BALANCE SHEET
31ST MARCH 2022
2022
2021
Note
Flxed a$$ets
Investrnents: Investec
Other
1,210,473
1,183,283
1,210,473
1,183,283
Current Asgets
Cash at bank and in hand
50,246
60.623
Credltors: due within one year
1,800
2,700
Net current assets
48,446
57,923
Net assets
1,258,919
1,241,206
Funds:
Unrestricted
Pern)anent Endovnnent
51,084
1,207.835
1.258,919
49,510
1,191,696
1,241,206
The notes on pages 7 to 10 forn] part of these accounts.
These accounts were approved by the Trustecs on
behalf by..
and signed on their
Paul MU￿aY
Chairnian

THE SYLVKA SHORT EDUCATIONAL CHAIUTY
NOTES TO THE FINANCIAL STATEMENTS
ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2022
I ACCOUNTINC POLICIES
a) Basis of preparation
The financial statements arc prepara under tbe historic cost convention, with the exception
that inveslm¢nts are included at market value. The financial statemcnts have been prepared in
accordance with the Statement of Recommended Practice.. Accounting and Reporting by
Charitics (SORP 2015) and applicable UK Accounting Standards (FRS 102 Section IA) and
the Charities Act 2011. The accruals basis of accounting has been adopted, and the principal
accounting policies set out below are applied consistently.
The charity applies Update Bulletin l &s publishd on 2 February 2016 and does Thot include a
cash flow statem¢nt on the ground that is applying FRS 102 Section IA.
The Sylvia Short Educational Charity is a registeruj charity in England and Wales and
therefore a public benefit entity. Th¢ address of the registered office is given in the charity
inforniation on page l of these financial statements.
b) Fund Accounting
Unrestrictcd ￿ndS are available for use at th¢ discretion of the trustees in furtherance of the
general objectives of the charity and which have not been designated for oth¢r purposes. The
Charity has a single permanent endowment. The Sylvia Short Grand Bequest provides for the
trustees to invest the capital in perpetuity. Incomc arising on the endowment fund can be used
in accordance with the objects of the charity and is included as unrestricted income. Any capital
gains or losses arising on the investments forni part of the fimds. Lnvestment managernent
charges and legal advice relating to the fimd arc charged against the fund.
c) Incoming Resources
Investment income, including bank inleresL is recorded when receivable.
d) Resources Expended
Resources expended are includal in the Statement of Financial Adivities on an accrual basis,
inclusive of any value addcd t&x which cannot be recovered. They are allocatd to the particular
activity to which they relate.
Expenditure on grants is recorded once the Trust has made an unconditional commitment to
pay the grant and this is communicated to the beneficiary or the grant has been paid, whichever
is earlier. The Trust has not made any grant commitments of morc than one year.
The cost of managing investments is charged against investment capital. Any costs associated
with the sale or purchase of investments are accounted for as part of the sale or purchase price
of the investments.
e) Other recogni$ed g21nsllosses
Unrealised and realised investsnent gains and losses are shown net in The Statement of
Financial Activities.
fj Investments
tnvestments are stated at fair value at the balance sheet date. The Statement of Financial
Activities includes the net gains and losses arising on revaluations and disposals throughout
the year.

THE SYLVIA SHORT EDUCATIONAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
ACCOUNTS FOR THE YEAR ENDED 31- MARCH 2022
2 Grant awydrded
The charity did not undertake aDy activity diTe¢tly but met its cR￿ltable puq)oses by making
the following grants:
31.03.22
31.03.21
Primary schools
Secondary schools
Sixth Forni Colleges
Theatres and Dance ￿h0O]S
10,670
2,5(K)
250
2,835
800
19
3 Payments to trustees and employees
The following remuneration or expenses were paid directly out of the funds of the charity to
the following trustee or employee of Herefordshire Council:
31.03.22
31.03.21
D. Hankins (employee of Herefordshire Council) 3.2(X)
admin expenses
D Densley- Zoom M¢etings
3,200
201
72
Total payments to twstees and etnployees
of Herefordshire Council
There were no other transactions with relat￿ parties.
4 Investments
The following ￿d0Thrynent funds were held in the UK and managed by the investment house
Inv¢st¢c Wealth & Investment as follows..
31.03.22
31.03.21
Slocks and shar&
Bonds
806,166
404 307
762,079
421204
1 183 283
Movement in investment were:
Carying value {market value) bfwd at I. April 2021
Additions to investh)ents at cost
Disposals proceeds
Net gain on disposals in the year
Net Profit (loss) on revaluation for the year
Carying value (market value) as at 31" March 2022
1,183,283
173.865
(175.117)
36.329
1,020,324
694,086
(696,798)
112,131
1183 283

THE SYLVIA SHORT EDUCATIONAL CHARITY
IYOTES TO THE FINANCIAL STATEMENTS
ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2022
5 Investments held by Herefordshire Couneil
The Council holds the following on behalf of the Charity:
Royal Bank of Scotland
Unilever PIC Ord
120 ordinary shares
288 ordinary shar¢s
On the basis that Herefordshire council cannot Confirni that it holds these shares, the TTh￿tee$
eonsider&J it pn￿ent to write off their value.
6 Creditors: amount$ falling due withln one year
31.03.22
31.03.21
Aecruals
7 Analysi5 of net assets behveen funds
Unrestrleted Endowmenl
fund
fund
Total
Investments
Cash
Creditors
1,210,473
(2,638)
1,210,473
50,246
52,884
1207 835
1258 919
8 Movement on reserves
Unrestricted Endowment
fund
fund
Total
Funds brought forward at 1° April 2021
49,510
1,191.696
1.241206
Nel resour¢¢s received/(expended)
Funds earrled fonvard at 311t Mar¢h 2022 51084
1207 835