Charity Registered Number 1127285
HINCHLEY WOOD SCHOOL DEVELOPMENT FUND
REPORT AND FINANaAL sfATEMENTS
FOR THE YEAR ENDED 31st MARCH 2024

HINCHLEY WOOD SCHOOL DEVELOPMENT FUND
Report of Trustees for the year ended 31st March 2024
The Trustees Submit their annual report on the affairs of the Fund. together with the accounts for
the year ended 31st March 2024.
Status of Trust
Hinchley Wood School Development Fund I"The Twst'l is a charity {Re8 No 11272851.
Trustees
The Trustee5 who ￿ve held office durin8 the year We￿ as follows:
Mr Aldan Fudge {￿apPOin1ed to 3￿ June 20251
Mr Martin Phelps (re-appointed to 30 November 2025)
Mr Robert Muichell (Chair of Finance & Resources Committee (re-appointed to S July 20261
Mr Peter Dry5dale (re-appointed to 16, December 20261
Prlndpal Place of Buslness
Hinchley Wood School {Tr Schoof). Clay8ate Lane, Hinchley Wood, Surrey, KTIO OAQ
Bankers
Natwest Bank, Kin8slon Upon Thames ma￿et Brnnch. S Market Place. Kin8Ston, KTI IJX
Or8anlsatlon of Trust
The Trustees detemilne the general policy of the Trust. The day-to.day management is delegated to
the CEO, Ben Bartlett and the Director of Finance & Resources of the School, Mike Robeson.
Operatlonal Polky
The policy contlnues to be to raise funds, which will be applied for ihe benefit of the khool and its
students. Thls is achieved laryely via parental donation5 or by fundralsln8 events.
Revoew of Actlvltles
The main focus of the Trust during the year has been to support the School in providing new and
Improved facilities for students.
Flnanclal Results and Reserves Pollcy
The Trust made an in year surplus of £58.705 {2022123 Surplus of £52,815). Taking into account the
surplus brou8ht forward of £265.674. this fesulted in a net Surplus carried forward of £324,379. The
Trust policy for reserves is that all its assets are available for donation to the School. the distribution
of which is defined by project activities as speclfied by the School.
Rlsk Management
With the Trust restricting its donations exclusrvety to the School and having no running costs. the
Trustees, view is that the Trust is not subject to any si8nificant risks other than the security of any
funds on deposit. These are held as a bank deposit or term deposits with Nat West 8ank and the
Trustees feel that they are as safe 45 reax)nably p0$5ible.
Pa8e I

Constltutional Change
The Trustees agreed a speclal resolution to amend the declaration of trust made on 3 December
2008 that as at July 2018 an ex-officlo post will be included on the board.
Slgned ....
Truste
Pagt 2

HINCHLEY WOOD SCHOOL DEVELOPME1￿ FUND
Statement of Tntstees, Responslbllitles for the year ended 31st March 2024
The Trustees are required to prepare financial statements for each financial year. which give a true
and fair view of the state of affairs of the fund as at the end of the financial year and of the income
and expenditure of the fund for that period. In preparing those financial statements. the Trustees
are required to:
Select suitsble accounting policies and apply them consistently
Make jud8ements and estimates that are reasonable and prudent
Prepare the financiol statements on a going concem basis unless it 15 inappropriate to
presume that the fund will continue to operate.
The Trustees are responsible for maintaining proper accounting records. which disclose with
reasonable accuracy at any time the financial position of the Fund and enable them to ensure that
the financial statements comply with Accounting Standards. It is also their responsibility to
safeguard the assets of the Fund and hence to take reasonable step5 to prevent and detett fraud
and other irregularities.
The Trustees are required to ensure that ihe funding 15 used only in accordan￿ with the conditions
attached to that funding.

HINCHLEY WOODSCHOOL DEVELOPMENTFUND
Independent Examinerfs rel￿t0 the T￿￿e5 of Hinthley Wood Developrnent Fund
I report to the trustees on my examinatKJn of the accounts of the above charity for the year to 31st
March 2024. whKh are set out in pages 5 to 7 atLiched.
Re5pon5ibilities and basis of repurt
As the chariwstrustees. you a￿ responsible for the P￿parat￿)n of the accounts in aco)rdance wtih
the requirements of the CharIt￿S Act 2011 Ithe Acil.
I report in ￿spect of my examination of the Trusts accounts carried out under sertion 145 of the
2011 Act and in carrying out my examinat￿)n, I have followed all the applicabfe Directions gwen bv
the Chartty COMM￿s1o￿ under SeCt￿n 14515llbl of the Art.
Independent Examinerfs statement
I have completed my examinatK)n.
I confirm that no material matters have come to my attentK)n wi connett￿n with the examination
that gives me cause to believe that in any material respect=
al the accounting reCord$we￿ not keptin accordan￿ wrth SeCt￿n IXI of the Charities Act
or
bl the accounts not compfy with the accounting records or
cl the accounts did not comply with the applicab￿ reqvirements Con￿rning the form and
contentof the accounts setout in the Charities IAc¢ountsand Reports) Regulation5 2r
other than any requirement that the accounts give a-true and farrf view whth is not
matter considered as part of the independent examination.
I have no con￿m5 and have come across no other matters in connectK)n with the exaMinat￿)n to
whKh attention should be drawn in th￿ ieport In ordef to enab￿ a proper understanding of the
accounts to be reached
Barry Hit(hens
ALtstralian Society of Aitou
24 Effingham Road
Lon8 Ditton
Surrey
KT6 5JY
,2LJ4-
ant5
Page4

HINCHLEY WOOD SCHOOL DEVELOPMENT FUND
BALANCE SHEET- 31st MARCH 2024
2024
2023
CURRENT ASSETS
Petty Cash
Cash at Bank
Funds on Deposit
200
24,379
300.C#)O
200
265.674
CURRENT LIABiunES
Owed to HWS
NEf CURRENT ASSETS
265 674
TOTAL ASSETS
CAPITAL AND RESERVES
(Note 21
Accumulated Surplus
Trustee .....
Trustee..
Date
Date
The notes on pa8e 7 form part of this balance Sheet
Pa8e 5

HINCHLEY WOOD SCHOOL DEVELOPMENT FUND
INCOME STATEMENT FOR YEAR ENDED 31st MARCH 2024
2024
2023
INCOME
General Donations linc. gift
aid/alurnni tree)
School supported event5
116.330
114,708
1,324
536
Total income
117.654
115,244
EXPENDITURE
Donations to HWS
Bank Charges
School supported events
INote 31
61.641
1131
61.942
67
439
Total Expenditure
61,628
62,448
Interest received
2679
19
(DEFICIT) 1 SURPLUS FOR YEAR
58,705
52.815
SURPLUS BROUGHT FORWARD
265,674
212.859
SURPLUS CARRIED FORWARD
£324.379
£265.674
The notes on page 7 form part of this balance sheet
Page 6

HINCHLEY WOOD SCHOOL DEVELOPMENT FUND
NOTES TO FINANCIAL STATEMENTS- 31st MARCH 2024
I. ACCOUNTING POUCIES
The principal accounting policies, which were adopted consistently in the preparation of the
financial statements, are set out below.
Bas15 of accountln8
The financial statements have been prepa￿d in accordance with the historical cost convention.
Donatlons to HWS comm5tted but not pald
Once the Trustees have committed to making a donation to HWS from dlscretlonary funds It Is
shown as a liability / credltor until paid.
Z. CAPITAL AND RESERVES
2024
2023
Cash at Bank
Funds on deposit
24,379
300,000
265,674
Funds on deposit are adminlstered by HWLP on behalf of the development fund.
3. DONATIONS TO HWS
Total donations to the school have been fomially approved to a sum £61,641 including Phase 3
Smartscreen upgrade1£16,6461 and the North Playground canopy1£44,995I. Thls compares with
£61,942 for the period OV04/2022-3110312023.
Page 7