2023-09-30-accounts

REGISTERED COMPANY r￿mBER. 04692681 (England and Wales) REGISTERED CHARITY NUMBER 1100088 Report of the Trustees and L'naudited Financial Statements for the Period l October 2022 to 30 September 2023 for The Kennerlei, Rumford Trust

The Kennerle), Rumford Trust Contents of the Financial Statements for the Period l October 2022 to 30 September 2023 Report ofthL Trust¢Ls Ito3 Indcpendeiit Eiaiiiiner s Report State.Inent of FinaiiLial ALl1￿. ities Balance Shc¢t 6t07 Notes to the Flliancial Statements 8t0 ICJ

ACHIEVEMENTS AND PERFORMANCE AND PERFORMANCE | The focus of the the Trust's activities remains the management

• The Kennerley Rumford Trust

• Report of the Trustees

• The Trustees who are also Directors of the Charity for the purposes of the Companies Act 2006, present their report with the— financial statement of the Charity for the period 1 October 2022 to 30 September 2023. The Trustees have adopted the = = | OBJECTIVES AND ACTIVITIES i Objectives and aims The objectives of the Charity are the advancement of the Christian Faith as defined in the Articles of Association in the Pe geographical area of Elsenham, Henham and Ugley and beyond in particular but not exclusively by supporting deployment a and training of Christian ministers and workers committed to the proclamation and teaching of the Word of God and testimony of Jesus Christ as set forth in scripture and the provision of other resources for Christian ministry. Public benefit When considering grant payments and social investments, the Trustees have considered the Charity Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. L The Trust is committed to enabling as many people as possible to receive Christian teaching by supporting the deployment a and training of Christian ministers and workers committed to the proclaiming and teaching of the Word of God and testimony LLU of Jesus Christ as set forth in scripture and the provision ot other resources for Christian ministry. UA In furthering its public benefit. the Trust has maintained, improved and insured Old Franks to continue accommodating church i and village activities. The Trust has maintained and insured 29 Leigh Drive as accommodation fora Minister serving within the area of Elsenham, Henham and Ugiey and beyond or, when not required for same, providing rentalincometorthe Chanty, = = | The Trustees are of the view that they have complied with the duty in section 4 of the Charities Act 2006 to have due regard ACHIEVEMENTS AND PERFORMANCE AND PERFORMANCE The focus of the the Trust's activities remains the management of property for accommodating church activities, for generating= FINANCIAL REVIEW a a

• __The Trustees are contident that the relatively modest expenditure of the Trust can be funded by donation as there are no Reserves policy

• confirmation statement to Companies House, building insurance andmaintenance costs. The Trustees are therefore of the view to maintain thelevelof freereserves (that is those fundsnot tied up in assets,designaor res t ricteded funds) as £5,000. i Investmentpolicy and objectives | __Under theMemorandum and Articles ofAssociation,the Trust has thepower to make any investment which the Trustees see

Page |

|

The Charity 1s controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, ss” The Trust is administered by a Board of Trustees, which is required to meet twice a year. Oo The original four subscribers to the Memorandum were the first Trustees of the Charity. The minimum number of Trustees is L three individuals and the maximum eight. The Trustees may at any time co-opt any person duly qualified fo be appointed as a ee Trustee to fill a vacancy in their number or as an additional Trustee, but a co-opted Trustee holds office only until the next ay Vagahinain i The Trustees are committed to high standards of Corporate Governance, believing that itis a key elementin protecting theonTo going work of the Trust. OU Each Trustee 1s supplied with meeting agenda and supporting papers, including a detailed financial report, in advance of each are in place to provide reasonable assurance against fraud and error. The Trustees review the Charity Commission’s ‘Internal Lo All Trustees are able, if necessary, to obtain independent professional advice at the Trust’s expense.

REFERENCE AND ADMINISTRATIVE DETAILS 4 Registered Charity number 1 1100088

The Kennerley Rumford Trust es ae ae Registered Company number u |

Ce eee FE era ea TE GCNi Oe

7

The Kennerley Rumford Trust

e Observe the methods and principles of the Charities SORP (FRS 102), gg

rr

• STATEMENT OF TRUSTEES’ RESPONSIBILITIES

• Company law requires the Trustees to prepare Financial Statements for each financial year which give a true and fair viewof the state of affairs of the charitable company and of the incoming resources and application of those resources, includingthe =” income and expenditure, of the charitable company for that period. In preparing those Financial Statements, the Trustees are LLL

• ¢ Prepare the Financial Statements on the going concern basis unless it is inappropriate to presume that the charilable =

C Willbe — Trustee

i

,

[ | _

|

have not been met; or

• Independent Examiner’s Report to the Trustees of The Kennerley Rumford Trust |

• { report on the accounts for the period 1 October 2022 to 30 September 2023 set out on pages five to twelve. |

• Respective responsibilities of Trustees and Examiner | The Charity’s Trustees (who are also Directors for the purposes ofcompany law) are responsible for the preparation of the accounts. The Charity’s Trustees consider that an audit is not required for this period (under Section 144(2} of the Charities Act 2011 (the 2011 Act) and that an independent examination is required. The Charity’s gross income did not exceed £250,000 and I am qualified to undertake the examination by being a qualified member of ICAEW. Having satisfied myself that the Charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility: | e to examine the accounts under Section 145 of the 2011 Act: ¢ to follow the procedures laid down in the Gencra! Directions given by the Charity Commission (under Section 145(5)(b) o the 2011 Act); and

• • to state whether particular matters have come to my attention. |

• Basis of the Independent Examiner’s report My examination was carried out in accordance with the General Directions given by the Charity Commission. An with those records. It also includes consideration of any unusual items or disclosures in the accounts and secking

• explanations from you as Trustees concerming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statements below. In connection with my examination, no matter has come to my attention: * to keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006; and LL e — to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles of the Charities SORP (FRS 102) |

----- Start of picture text -----
:
aa
----- End of picture text -----

a (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding ofthe accounts to be Independent Examiner | | Joseph Wright FCA a a 8 Wedgwood Way. / Upper Norwood, / 7 London, a

Page 4

	Unrestricted	Unrestricted
Total	718211)	ees
Netincome/(expenditure)	36311	40951
Netmovementinfund	36311	40951

i At 30 September 2023)

Balance Sheet - continued At 30 September 2023

• (b) preparing Financial Statements which give a true and fair view of the state of affairs of the charitable company as

The notes form part of these Financial Statements |

The Financial Statements have been prepared under the historical cost convention, as modified by the revaluation of Fo certain assets and in accordance with the Financial Reporting Standard (FRS 102), the Companies Act 2006 and the a Ua requirements of the Charities SORP (FRS 102). Lo Incoming resources L All incoming resources are included on the Statement of Financial Activities when the Charity is legally entitled to the a income, its receipt if probable and the amount can be quantified with reasonable accuracy. . Donated services are measured and included in the accounts on the basis of the value of the gift to the Charity i.e. the | amount that the Charity would pay in the open market that would provide a benefit to the Charity equivalent to the ey Where donated services cannot be reliably estimated, they are acknowledged but are not included as income. | Expenditure ts accounted for on an accrual basis and has been classified under headings that aggregate all costrelatedto = the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activitiesona [| FA s1 a SaU Ref VRtGK Hc ees Reta TR WAR GaTEHE oo ae Expenditure is inclusive of any VAT that cannot be recovered. Grants offered subject to conditions which have not been

__ Fund accounting ae a Unrestricted funds can be used in accordance with the charitable objectives at the discretionof the Trustees, Restricted _ specifiedby the donor or when funds are raised for particular purposes. Ve advancefor the goods andservices it will receive,including donated services which will resource Creditors. : 2. DONATIONSOF SERVICES / YearEnded Year Ended ] etic ET EE AdditionalPM 29Teigh Drivey i ee 8) svarees spans Toeb OLE gest ao Acknowledgedbut cannot be reliably quantified a

1. CHARITABLE ACTIVITIES i

oe a ae i

for the Period 1 October 2022 to 30 September 2023

The objectives of the Charity are the advancement of the Christian Faith as defined in the Articles of Association in the geographical area of Elsenham, Henham and Ugley and beyond in particular but not exclusively by supporting deployment and training of Christian ministers and workers committed to the proclamation and teaching of the Word of | God and testimony of Jesus Christ as set forth in scripture and the provision of other resources for Christian ministry. In furthering its public benefit, the Trust has maintamed, improved and insured Old Franks to continue accommodating church and village activities. The Trust has maintained and insured 29 Leigh Drive as accommodation for a Minister oe serving within the area of Elsenham, Henham and Ugley and beyond or, when not required for same, providing rental income for the Charity. a Support costs charged to charitable activities Wa0 A TUR Teeny rent ae 3283 i Bank charges and filing fees 4s 48 6 Pons are iton is 456 912 Pie pende st PanianG eee 228 ce Year Ended 309.22 __ Function/Activity Total 4228 1258 5485 a Basis of allocation i Hi . with various repairs required in 2022/3 1 resourceday@£200pd~ £200 | Bank charges and filing fees Split equally between "Social Investments" 4. NET GAINS(LOSSES) ON INVESTMENTS i 30.9.23 30.9.22 a bi ee a Based on mid-range estimation TU | | aswaluation Of OO Leitrive 2 gt) OOO bccordins to Zonk bouk a === Gesidentalsocialinvestment) §=§ = ###= ###= | oo . 1: Te te | Prepera webatte Revaluation ofOldFranks ss— ee ae_ eleeae llc llllllll ddhCUCtCdCiC ONadued dt purchase cost Won-residential social investment) |___.

for the Period 1 October 2022 to 30 September 2023

a

----- Start of picture text -----
iy asTAA 633000 202365838366
PAIGE 0
At 30 September 2023 629000 202366 _—«831366 i
At 30 September 2023 629006 202366 831366
The value of29 Leigh Drive was estimated by Charles Willbe, Trustee, as the mid-range price from Zoopla.co.uk, a property
Donated services forindependentemmmation = §= CO
Rental deposit for 29 Leigh Drive 1,650
Accounts production 912 840
----- End of picture text -----

• There were no Trustees’ remunerationor other benefits for the period ended 30 September 2022

• | Dunng the year, there wereno Trustees’ expenses. a