REGISTERED REGISTERED COMPANY COMPANY NUMBER: NUMBER: 06780445 06780445 (England (England and[and] Wales) Wales) REGISTERED REGISTEREDCHARITY CHARITY NUMBER:[NUMBER;] 1128594[1128594]
REPORT REPORT OF[OF] THE THE TRUSTEES[TRUSTEES] AND AND UNAUDITED UNAUDITED FINANCIAL FINANCIAL STATEMENTS TATEMENTS FOR[FOR] THE THE YEAR[YEAR] ENDED ENDED 31[31] MARCH MARCH 2024[2024] FOR FOR CHERRY CHERRY HILL[HILL] TRUST TRUST LTD LTD
Cheshams Cheshams Accountants Accountants Lid[Lid] Chartered Chartered Certified Certified Accountants Accountants Suite Suite 16,Neals[16,NeaIs] Corner Corner 2 2 Bath Bath Road Road Hounslow Hounslow Middlesex Middlesex TW3 TW3 3HJ 3HJ
CHERRY CHERRY HILL HILL TRUST TRUST LTD LTD
PREVIOUSLY PREVIOUSLY KNOWN KNOWN AS[AS] CHERRY CHERRY[HILL] HILL SCHOOL SCHOOL TRUST TRUST LTD LTD
CONTENTS CONTENTS OF OF THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS FOR FOR THE H Y YEAR AR ENDED ENDED 31[31] MARCH MARCH 2024 2024
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Page Page
Report Report [of the] of the [Trustees] Trustees 1 to 2 2
Statement Statement ofTrustees' of Trustees’ Responsibilities Responsibilities 3 3
Independent Independent Examiner's Examiner's Report Report 4 4
Statement Statement [of Financial] of Financial Activities Activities 5 5
Balance Balance [Sheet] Sheet 6 6
Notes Notes to to the [the] Financial Financial Statements Statements 7 7 to to ll
Detailed Detailed Statement Statement of [of Financial] Financial Activities Activities 12 12
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CHERRY CHERRY' HILL HILL TRUST TRUST LTD LTD PREVI PREVIOUSLY LY KNOWN KNOWN AS A CHERRY CHERRY HILL HILL SCHOOL[SCHOOL] TRUST TRUST LTD LTD REPORT REPORT OF OF THE THE TRUSTEES TRUSTEES FOR FOR THE THE YEAR[YEAR] ENDED ENDED 31[31] MARCH MARCH 2024 2024
The Thestatements statements trustees trustees of ofwho who the[the] charity charity are are also also[for] fordirectors directors[the] the year year of ofended endedthe[the] charity charity 31 31 March March[for] for the the 2024. 2024. purposes purposesThe The trustees trustees of of the the have have Companies Companies adopted adopted Act Aet the[the] 2006, 2006. provisions provisions present present of of Accounting Accounting their their report report with uith and and Reporting Reporting the the financial financial by by
Charities: Charities: Statement Statement of of Recommended Recommended Practice Practice applicable applicable to to charities charities preparing preparing their their accounts accounts in[in] accordance accordance with with the the Financial Financial Reporting Reporting
Standard Standard applicable applicable in in the[the] UK UK and and Republic Republic of of Ireland Ireland (FRS (FRS 102) 102) (effective[(effective] I | January January 2019). 2019).
OBJECTIVES OBJECTIVES AND AND ACTIVITIES ACTIVITIES Objectives Objectives and and aims aims To To provide provide education education services services towards towards career career success, success.
Significant Significant activities[activities] Significant Significant activities activities include include education education advice, advice, recommendations recommendations and and referrals, referrals, examinations, examinations. learning learning and/or and/or guidance guidance at at National National Curriculum Curriculum and[and] University University level. level. Public Public benefit benefit The The trustees[trustees][confirm] confirm[that] that[they] they have have complied complied with with the[the] duty duty under under section[section] 17 17 of of the the Charities Charities Act Act 2011 2011 to to have have regard regard to[to] the[the] Charities Charities Commission's Commission's guidance guidance on on public public[benefit.] benefit.
STRATEGIC STRATEGIC REPORT REPORT
Financial Financial review review
Reserves Reserves policy policy
The The trustees trustees have have established established a a reserves reserves policy policy to to ensure ensure financial financial stability. stability. The The Trustees Trustees have have examined examined the the requirement requirement for for free free reserves reserves which which are are those[those] unrestricted unrestricted funds funds not not invested invested in[in] fixed fixed assets. assets. It It is is the the policy policy of of the the charity charity to to maintain maintain free free reserves reserves at at a a level level considered considered to to be be adequate adequate to to provide provide sufficient sufficient funds funds for for approximately approximately two two months months unrestricted expenditure unrestricted expenditure to to cover cover cost cost of of activities activities for for charitable charitable objectives objectives[and] and management management and[and] administration administration costs. costs.
Going Going concern concern The The trustees trustees confirm confirm the the charity's charity's ability ability to to continue continue operating operating för for the the foreseeable foreseeable future. future.
Principal Principal risks[risks][and] and[uncertainties] uncertainties
Financial Financial and and risk risk management management objectives objectives and and policies policies The The Trustees Trustees have have reviewed reviewed the[the] affairs affairs of of the[the] charity charity and and do do not not consider consider that that there there are are major major strategic,[strategic,] business business and and operational operational risks risks which which[the] the company company faces[faces] Future Future plans[plans] The The charity charity aims aims to to launch launch new new initiatives initiatives in in the the future. future,
STRUCTURE, STRUCTURE, GOVERNANCE GOVERNANCEAND AND MANAGEMENT MANAGEMENT Governing Governing document document The The charity charity is is controlled controlled by[by] its its governing governing document, document, a a deed deed of of trust, trust, and and constitutes constitutes a a limited limited company, company, limited limited by by guarantee, guarantee, as as defined defined by by the the Companies Companies Act Act 2006. 2006.
REFERENCE REFERENCE AND[AND] ADMINISTRATIVE[ADMINISTRATIVE] DETAILS DETAILS Registered Registered Company Company number number 06780445 06780445 (England (England[and] and Wales) Wales)
Registered Registered Charity Charity number number
1128594 1128594
Registered Registered office[office] UNIT UNIT[7] 7 RED RED LION[LION] COURT COURT ALEXANDRA ALEXANDRA ROAD ROAD HOUNSLOW HOUNSLOW Middlesex Middlesex TW3 TW3[IJS] 1S
Page Page | I
CHERRY CHERRY[HILL] HILL TRUST TRUST LTD LTD PREVIOUSLY PREVIOUSLY KNOWN KNOWN AS[AS] CHERRY CHERRY "ILL HILL SCHOOL SCHOOL TRUST TRUST LTD LTD REPORT REPORT[OF] OF THE THE TRL TRUSTEES[STEES]
FOR THE FOR THE YEAR[YEAR] ENDED[ENDED] 31[31] MARCH MARCH 2024 2024
Trustees Trustees Mrs Mrs[B] B Demisse Demisse Director Director Mr MrC[C] §[S] Jassal[Jassal] Director[Director]
Company Company Secretary[Secretary]
Independent Independent Examiner Examiner ASHOK ASHOK C[C] CHERTYAN CHERIYAN Cheshams Cheshams Accountants Accountants Ltd Ltd
Chartered Chartered Certified Certified Accountants Accountants
Suite Suite 16.Neals 16.Neals Corner Corner
2 2 Bath Bath Road Road Hounslow Hounslow Middlesex Middlesex TW3 TW3 3HJ 3HJ
CHANGE CHANGE OF[OF] NAME NAME The The charitable charitable company company passed passed a a special special resolution resolution on on 28 28 November November 2024 2024 changing changing its its name name from from CHERRY CHERRY HILI. HILL SCHOOL SCHOOL TRUST TRUST LTD LTD[to] to CHERRY[CHERRY] HILL HILL TRUST TRUST LTD. LTD.
This This report report has has been been prepared prepared in in accordance accordance with 'Aith the the special special provisions provisions of of Part Part 15 15 of of the the Companies Companies Act Act 2006 2006 relating relating to to small small companies. companies.
24 24Report ReportDecember December[of] of[the] the 2024 2024trustees, trustees, and[and] signed si incorporating incorporatinged on on the the board's board's a a strategic strategicbehalf behalf report, report, by: by: approved approved by by order order of of the[the] board board of of trustees. trustees. as as the the company company directors. directors. on on
Mr MrC[C][S] Jassal[Jassal] - - Trust of
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CHERRY CHERRY HILL HILL TRUST TRUST LTD LTD PREVIOUSLY PREVIOUSLY KNOWN KNOWN AS[AS] CHERRY[CHERRY] HILL HILL SCHOOL SCHOOL TRUST TRIST LTD LTD
STATEMENT STATEMENT OF OF TRUSTEES' TRUSTEES' RESPONSIBILITIES RESPONSI BILITIES FOR FOR TUE THE YEAR YEAR. ENDED ENDED 31[31] MARCH MARCH 2024 2024
the Thethe The 'Repon Report trustees trusteesof of (who (who the the Trustees Trusteesare are also also the the and anddirectors directors the the financial financial of of CHERRY CHERRY statements statementsHILL HILL in in TRUST accordance accordance TRUST LTD LTDAGth withfor for theapplicable applicablethe purposes purposes law law of of and and company company United United law) law)Kingdom Kingdomare are responsible responsible Accounting Accounting for for Standards Standards preparing preparing (United (United Kingdom Kingdom Generally Generally Accepted Accepted Accounting Accounting Practice).[Practice).] Company Company law law requires requires[the] the trustees[trustees] to to prepare prepare financial financial statements statements for[for] each each financial financial year year which which give give a a true true and and fair fair view view of of the the state state of of the the affairs affairs charitable charitableof of the[the] company charitable charitable company for forcompany company that that period. period. and and of of In In the[the] preparing preparing incoming incoming those those resources resources financial financialand and statements. statements. application application the the of of trustees trustees resources. resources. are are required required including including to to the the income income and and expenditure. expenditure. of of
- select select suitable suitable accounting accounting policies policies and[and] then then apply apply them them consistently: consistently; - observe observe the[the] methods methods and and principles principles in in the the Charity Charity SORP: SORP: -- makecontinue preparecontinuemake prepare judgements judgementsthe the[in] in business. business.financial financial and[and] statements statementsestimates estimates that thaton on are arethe the reasonable reasonable going going concern concern and[and] prudent: prudent; basis basis unless unless it it is is inappropriate inappropriate to to presume presume that that the[the] charitable charitable company company will will
The The trustees trustees are are responsible responsible for for keeping keeping proper proper accounting accounting records records which which disclose disclose with with reasonable reasonable accuracy accuracy at at any any time time the the financial financial
position position of of the[the] charitable charitable company company and[and] to to enable enable them them to to ensure ensure that that the the financial financial statements statements comply comply with uith the the Companies Companies Act Act 2006. 2006. They They
are are also[also] responsible responsible for[for] safeguarding safeguarding the[the] assets assets of of the the charitable charitable company company and and hence hence for for taking taking reasonable reasonable steps steps for for the the prevention prevention and and
detection detection of of fraud fraud and[and] other other irregularities. irregularities. C ord
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INDEPENDENTEXAMINER'S INDEPENDENT EXAMINER'S REPORT[REPORT] TO TO THE THE TRUSTEES TRI STEES OF OF CHERRY CHERRY HILL HILL TRUST[TRUST] LTD LTD PREVIOUSLY PREVIOUSLY KNOWN KNOWN AS[AS] CHERRY[CHERRY] HILL HILL SCHOOL[SCHOOL] TRUST[TRUST] LTD LTD
Independent Independent examiner's examiner's report report to[to] the[the] trustees trustees of[of] CHERRY CHERRY HILL HILL TRUST TRUSTLTD LTD Cthe (‘the Company’) Company') I I report report to to the[the] charity charity trustees trustees on on my my examination examination of of the the accounts accounts of of the[the] Company Company for[{Or] the[the] year year ended ended 31 31 March March 2024. 2024,
Responsibilities Responsibilities and and basis basis of of report report
of of As As[the] thethe[the] accounts accounts[charity's] charity's[in] intrustees[trustees] accordance accordance of of[the] thewith with Company Company the[the] requirements[requirements] (and[(and] also[also] its itsof ofdirectors directors the[the] Companies Companies for[for] the[the] Act Act purposes purposes 2006 2006 of(‘the ('theof company company2006 2006 Act'). Act’).law) law) you you are are responsible[responsible] for[for] the[the] preparation preparation
Having Having satisfied satisfied myself myself that[that] the[the] accounts accounts of of the[the] Company Company are are not not required required to to be[be] audited audited under under Part Part 16[16] of of the[the] 2006 2006 Act Aet and[and] are are eligible[eligible] for for
independent independent examination, examination. | I report report in in respect respect of of my my examination examination of of your your charity's charity's accounts accounts as as carried carried out out under under Section Section 145 145 of of the the Charities Charities Act ACI[2011] 2011 (‘the ('the 2011 2011 Act’). Act'). In[In] carrying carrying out out my my examination examination I I have have followed followed the the Directions Directions given given by by the the Charity Charity Commission Commission under under Section Section 145(5) 145(5) (b)[(b)] of of the[the] 2011[201][1] Act. Act.
Independent Independent examiner's examiner's statement statement I 1 have have completed completed my my examination. examination. I I confirm confirm that that no no matters matters have have come come to to my my attention attention in in connection connection with with the the examination examination giving giving me me
cause cause[to] to believe:[believe:]
2.i accountingthe accountingthe accounts accountsrecords[records] do do not not were være accord accord not not with with kept[kept] those those in[in] respect respect records: records: of of the[the] or or Company Company as as required required by b} Section Section 386 386 of of the[the] 2006 2006 Act: Act; or or ai 3. the the accounts accounts do do not not comply comply with with the the accounting accounting requirements requirements of of Section Section 396 396 of of the the 2006 2006 Act Act other other than than any any requirement requirement that that the the
- the theaccounts accountsfor for accounts accounts accounting accounting give give have have a a andtrue and[true] not not and[and] reporting reporting been been fair fair prepared prepared view[view] by[by] which which charities charities in in accordance accordance is is not not (applicable (applicable a a matter matter withconsidered[considered] to to the the charities charities methods methods as as preparing preparing part[part] and and of[of] principles principlesan antheir[their] independent[independent] accounts accounts of of the the Statement Statement examination:[examination:] in in accordance accordance of of Recommended Recommended or or with with the the Financial Financial Practice Practice
Reporting Reporting Standard Standard applicable applicable in in the[the] UK UK and and Republic Republic of of[Ireland] Ireland[(FRS] (FRS[102)).][102)).]
I 1 have have no no concerns concerns and and have have come come across across no no other other matters matters in in connection connection with with the the examination examination to to which which attention attention should should be be drawn drawn in in this this
report report in in order order to to enable enable a a proper proper understanding understanding or of the the accounts accounts to to be be reached. reached.
ASHOK ASHOK[C] C CHERIYAN CHERIYAN
Ille The Association Association of of Chartered Chartered Certified Certified Accountants Accountants
Cheshams Cheshams Accountants Accountants Ltd[Ltd] Chartered Chartered Certified Certified Accountants Accountants Suite Suite[16.Neals] 16,Neals Corner[Comer] 2 2 Bath Bath Road Road Hounslow Hounslow Middlesex Middlesex TW3 3HJ 310
24 24 December December 2024 2024
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CHERRY CHERRY HILL HILL TRUST TRUST LTD LTD PREVIOUSLY PREVIOUSLY KNOWN AS AS CHERRY CHERRY HILL HILL SCHOOL SCHOOL TRUST TRUST LTD LTD STATEMENT STATEMENT OF[OF] FINANCIAL FINANCIAL ACTIVITIES ACTI\ITIES FOR FOR THE THE YEAR WAR ENDED ENDED 31[31] MARCH MARCH 2024 2024
| 2024 2024 |
2023 2023 |
|||||
|---|---|---|---|---|---|---|
| INCOME AND ENDOWMENTS INCOME AND ENDOWMENTS |
Notes Notes |
Unrestricted fund Unrestricted fund £ |
Restricted fund Restricted fund £ |
Endowment tund Endowment fund £ |
Total funds Total funds £ |
Total funds Total funds £ |
| FROM FROM |
||||||
| Donations and legacies Donations and legacies |
40,000 40,000 |
- | - | 40,000 40,000 |
90.000 90.000 |
|
| Other trading activities Other income Other trading activities Other income |
2 2 |
83,004 2,711 83,004 2,711 |
- - |
- - |
83,004 2,711 83,004 2,711 |
28.069 780 28.069 780 |
| Total Total |
125,715 125,715 |
- | - | 125,715 125,715 |
1 18,849 118,849 |
|
| EXPENDITUREON EXPENDITURE ON |
||||||
| Charitable activities Charitable activities |
||||||
| Salaries and NIC' Salaries and NIC |
23,138 23,138 |
- | - | 23,138 23,138 |
30.715 30,715 |
|
| Rates and Water Rates and Water |
2,586 2,586 |
- | - | 2,586 2,586 |
2.347 2,347 |
|
| Light and heat Light and heat |
3,192 3,192 |
- | . | 3,192 3,192 |
I ,698 1,698 |
|
| Rent Telephone Rent Telephone |
12 125 12 125 |
- - |
- - |
12 125 12 125 |
1.510 132 1,510 132 |
|
| exam entry costs exam entry costs |
13,956 13,956 |
- | - | 13,956 13,956 |
27,499 27,499 |
|
| Repairs and renewals Repairs and renewals |
134 134 |
- | . | 134 134 |
758 758 |
|
| Promoting Awareness Promoting Awareness |
59,724 | - | - | 59, 724 $9,724 |
52.848 52.848 |
|
| Postage and Stationery Postage and Stationery |
192 192 |
- | - | 192 192 |
221 221 |
|
| Accountancy Accountaney |
750 750 |
- | - | 750 | 500 500 |
|
| cleaning cleaning |
2,849 2,849 |
- | - | 2,849 2,849 |
2.919 2,919 |
|
| Sundries Sundries |
- | - | - | * | 13 13 |
|
| Other Other |
231 231 |
- | - | 231 231 |
309 309 |
|
| Total Total |
106,889 106,889 |
- | - | 106,889 106,889 |
121,469 121,469 |
|
| NETINCOMEj(EXPE.NDITURE) NET INCOME/EXPENDITURE) |
18,826 18,826 |
- | - | 18,826 18,826 |
(2.620) (2,620) |
|
| RECONCILIATION OF FUNDS RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward Total funds brought forward |
41,354 41,354 |
- | - | 41 ,354 41,354 |
43,975 | |
| TOTAL FUNDS CARRIED TOTAL FUNDS CARRIED |
||||||
| FORWARD FORWARD |
60,180 60,180 |
- | - | 60,180 60,180 |
41,355 41,355 |
The The notes notes form form part part of of these these financial financial statements statements
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CHERRY CHERRY HILL HILL TRUST TRUST LTD LTD PREVIOUSLY PREVIOUSLY KNOWN KNOWN AS[AS] CHERRY CHERRY HILL[HILL] SCHOOL[SCHOOL] TRUST TRUST LTD LTD
BALANCE BALANCE SHEET SHEET 31 31 MARCH MARCH 2024 2024
| 2024 2024 |
2023 2023 |
|||||
|---|---|---|---|---|---|---|
| Unrestricted fund Unrestricted fund |
Restricted fund Restricted fund |
Endowment fund Endowment fund |
Total funds Total funds |
Total fünds Total funds |
||
| FIXED ASSETS FIXED ASSETS |
Notes Notes |
£ | £ | £ | £ | £ |
| Tangible assets Tangible assets |
7 7 |
20,694 20,694 |
- | - | 20,694 20,694 |
20.925 20.925 |
| CURRENT ASSETS CURRENT ASSETS |
||||||
| Cash at bank Cash at bank |
41,249 41,249 |
- | - | 41,249 41,249 |
21.442 21.442 |
|
| CREmTORS CREDITORS |
||||||
| Amounts falling due within one year Amounts falling due within one year |
8 8 |
(1,763) (1,763) |
- | - | (1,763) (1,763) |
(1.012) (1.012) |
| NET CURRENTASSETS NETCURRENTASSETS |
39,486 39,486 |
. | - | 39,486 39,486 |
20,430 20.430 |
|
| TOTAL ASSETS LESS TOTAL ASSETS LESS |
||||||
| CURRENT LIABILITIES CURRENT LIABILITIES |
60,180 60,180 |
- | - | 60,180 60,180 |
41 ,355 41,355 |
|
| NET ASSETS NET ASSETS |
60,180 60,180 |
- | - | 60,180 60,180 |
41,355 41.355 |
|
| FUNDS FUNDS |
9 9 |
|||||
| Unreswicted funds Unrestricted funds |
60,180 60,180 |
41,355 41,355 |
||||
| TOTAL FUNDS TOTALFUNDS |
60,180 60,180 |
41 ,355 41,355 |
TOTAL TOTAL FUNDS FUNDS
31 31The TheMarch March charitable charitable2024. 2024. company company is is entitled entitled to to exemption exemption from from audit audil under under Section Section 477[477] of of the[the] Companies Companies Act Act 2006 2006 for for the the year year ended ended The 'lhe members members have have not not required required the the company company to to obtain obtain an an audit audit of of its its financial financial statements statements for[for] the the year year ended ended 31 3 i March March 2024 2024 in in accordance accordance with with Section Section 476 476 of of the[the] Companies Companies Act Act 2006. 2006.
The The trustees trustees acknowledge acknowledge their[their] responsibilities responsibilities for for (a) (a) ensuring ensuring that[that][the] the charitable charitable company company keeps keeps accounting accounting records records that that comply comply with Viith Sections Sections 386[386] and and 387[387] of of the[the] Companies Companies Act Act 2006 2006 and[and] (b) (b) preparing preparing financial financial statements statements which which give give a a true true and and fair fair view view of of the the state state of of affairs affairs of of the the charitable charitable company company as as at at the the end end of of each each financial financial year year and and of of its its surplus surplus or or deficit deficit for för each each financial financial year year in in accordance accordance with "ith the the requirements requirements of of Sections Sections 394 394 and and applicable applicable 395 395 and and which which to to the theotherwise otherwise charitable charitable comply comply company. company. with with the the requirements requirements of of the the Companies Companies Act Act 2006 2006 relating relating to to financial financial statements, statements, so so far[far] as as These These financial financial statements statements have have been been prepared prepared in in accordance accordance with with the the provisions provisions applicable applicable to to charitable charitable companies companies subject subject to to the the small small companies companies regime. regime. The The financial financial statements statements were were approved approved by by the the Board Board of of Trustees Trustees and and authorised authorised for for issue issue on on 24 24 December December 2024 2024 and and were were signed signed on on its its behalf Pay[by:] Mr Mr C[C] §[S] Jassal[Jassal] - - Trustee Trustee
The The notes notes form form part part of of these these financial financial statements statements
hase eee o Page Page 6[6]
CHERRY CHERRY HILL HILL TRUST[TRUST] LTD LTD PREVIOUSLY St.)' KNOWN AS AS CHERRY CHERRY HILL SCHOOL SCHOOL TRUST TRUST LTD LTD NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS FOR FOR THE THE YEAR WAR ENDED ENDED 31[31] MARCH MARCH 2024 2024
- 1, ACCOUNTING ACCOUNTING POLICIES POLICIES
Basis Basis of of preparing preparing the the financial financial statements statements The The financial financial statements statements of of the[the] charitable charitable company, company. which which is is a a public public benefit benefit entity[entity] under under FRS FRS 102, 102. have have been been prepared prepared in in accordanceapplicable accordanceapplicable to to with with charities charities[the] the Charities Charitiespreparing preparingSORP[SORP] their their (FRS (FRS accounts accounts 102)[102)] in in ‘Accounting 'Accounting accordance accordance and[and] with with Reporting Reponing the the Financial Financial by[by] Charities: Charities: Reporting Reporting Statement Statement Standard Standard of[of] applicable applicable Recommended Recommended in in the the UK UK Practice Practice and and
Republic Republic of of Ireland Ireland (FRS (FRS 102) 102) (effective (effective 1 I January January 2019)’, 2019)', Financial Financial Reporting Reporting Standard Standard 102 102 ‘The The Financial Financial Reporting Reporting Standard Standard applicable applicable in[in] the[the] UK UK and[and] Republic Republic of of Ireland’ Ireland' and[and] the the Companies Companies Act Aet 2006. 2006. The The financial financial statements statements have have been been prepared prepared under under
the the historical historical cost cost convention. convention.
Income Income All All income income is is recognised recognised in in the the Statement Statement of of Financial Financial Activities Activities once once the the charity charity has has entitlement entitlement to to the the funds, funds, it it is is probable probable that that the the income income wil] Will be be received received and and the the amount amount Can can be be measured measured reliably. reliably.
Expenditure Expenditure Liabilities Liabilities are are recognised recognised as as expenditure expenditure as as soon soon as as there[there] is is a a legal legal or or constructive constructive obligation obligation committing committing the the charity charity to to that that expenditure, expenditure, it[it][is] is probable[probable] that[that] a a transfer transfer of economic[of] economic benefits benefits will will be[bc] required required in[in] settlement[settlement] and[and] the[the] amount amount of ofthe the obligation[obligation] can can be be measured measured reliably. reliably. Expenditure Expenditure is is accounted accounted for for on on an an accruals accruals basis basis and and has has been been classified classified under under headings headings that that aggregate aggregate all all cost cost related[related][to] to the[the] category. category. Where[Where] costs costs cannot cannot be[be] directly directly attributed attributed to[to] particular particular headings[headings] they[they] have[have] been[been] allocated allocated to[to] activities activities on on a[a] basis[basis] consistent[consistent] with[with][the] the use use of[of] resources. resources.
Tangible Tangible fixed[fixed] assets[assets]
Depreciation Depreciation is[is] provided provided[at] at the[the] following following annual annual rates rates in[in] order[order] to to write write[off] off each each asset asset over over its its estimated estimated useful useful life. life.
Taxation Taxation The The charity[charity] is is exempt exempt from from corporation corporation tax tax on on its its charitable charitable activities. activities.
Fund Fund accounting accounting Unrestricted Unrestricted funds funds can can be[be] used used in[in] accordance accordance with with the[the] charitable charitable objectives objectives at[at] the[the] discretion discretion of of the[ the] trustees. trustees. Resiricted Resrricted funds funds can can only only be[be] used used for for particular particular restricted[restricted] purposes purposes within the the objects objects of of the the charity. charity. Restrictions Restrictions arise[arise] when '*hen specified specified by[by] the[the] donor donor or or when[when] funds funds are are raised raised for for particular particular restricted[restricted] purposes. purposes. Further Further explanation explanation of of the[the] nature nature and and purpose purpose of of each each fund fund is is included included in[in] the[the] notes notes to to the[the] financial[financial] statements. statements. Pension Pension costs costs and and other other post-retirement post-retirement benefits benefits The The charitable charitable company company operates operates a a defined defined contribution contribution pension[pension] scheme.[scheme.] Contributions Contributions payable[payable] to to the[the] charitable charitable company's company's pension pension scheme scheme are are charged charged to to the[thc] Statement Statement of of Financial Financial Activities Activities in in the[the] period period to to which vshich they they relate. relate. 2. 2. OTHER OTHER TRADING[TRADING] ACTIVITIES ACTIVITIES
2024 2024 2023 2023 = £ Fees Fees Received Received 83,004 83,004 28.069 28.069
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continued... continued...
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CHERRY CHERRY [HILL] HILL TRUST TRUST LTD LTD
PREVIOUSLY PREVIOUSLY KNOWN KNOWN AS [AS] CHERRY HILL HILL SCHOOL SCHOOL TRUST TRUST LTD LTD
NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS - [-] continued continued
FOR FOR THE THE YEAR [YEAR] ENDED ENDED 31 [31] MARCH MARCH 2024 2024
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oe 3. NET NET INCOME/(EXPENDITURE) INCOMEKEXPENDITURE)
Net Net income/({expenditure) is is stated[stated] after[after] charging/(crediting): charging/(crediting):
Depreciation Depreciation - - ouned owned assets assets
| 2024 2024 |
2023 2023 |
|---|---|
| & | £ |
| 231 231 |
309 309 |
- TRUSTEES' TRUSTEES' REMUNERATION REMUNERATIONAND AND BENEFITS BENEFITS
There There were were no no trustees’[trustees'] remuneration remuneration or other or other benefits benefits for for the[the] year year ended ended 31 3 i March March 2024 2024 nor nor for for the the year year ended ended 31 31 March March 2023. 2023. Trustees' Trustees' expenses expenses
There There were were no no trustees' trustees’ expenses expenses paid paid for för the the year >ear ended ended 31 31 March March 2024 2024 nor nor for for the the year year ended ended 31 31 March Mareh 2023. 2023.
- Bi STAFF STAFF COSTS COSTS
•The The average average monthly monthly number number of of employees employees during during the the year year was was as as follows: follows:
| 2024 2024 |
2023 2023 |
|||||
|---|---|---|---|---|---|---|
| Employees Employees |
3 3 |
3 | ||||
| No employees received emoluments No employees received emoluments |
in excess of in excess of£60.000. |
|||||
| 6. 6. |
COMPARATIVESFOR THE STATEMENTOF FINANCIAL ACTIVITIES COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES |
|||||
| Unrestricted fund Unrestricted fund |
Restricted fund Restricted fund |
Endowment fund Endowment fund |
Total fünds Total funds |
|||
| £ | £ | £ | £ | |||
| INCOMEAND ENDOWMENTS INCOME AND ENDOWMENTS |
FROM FROM |
|||||
| Donations and legacies Donations and legacies |
90.000 90.000 |
- | - | 90,000 90,000 |
||
| Other trading acti\ ities Other income Other trading activities Other income |
28.069 780 28.069 780 |
- - |
- - |
28,069 780 28.069 780 |
||
| Total Total |
1 18.849 118,849 |
- | - | 118.849 | ||
| EXPENDITUREON EXPENDITURE ON |
||||||
| Charitable activities Charitable activities |
||||||
| Salaries and NIC Rates and Water Light and heat Rent Telephone Salaries andNIC Rates and Water Light and heat Rent Telephone |
30.715 2.347 1.698 1.510 132 30,715 2,347 1.698 1.510 132 |
- : - - : |
- : - - - |
30.715 2,347 1.698 1,510 132 30,715 2,347 1,698 1.510 132 |
||
| exam entrycosts Repairs and renewals exam entry costs Repairs and renewals |
27,499 758 27,499 758 |
- - |
- - |
27.499 758 27,499 758 |
||
| Promoting Awareness Postage and Stationery PromotingAwareness Postage and Stationery |
52,848 221 52.848 221 |
- - |
- - |
52,848 221 52,848 221 |
||
| Accountancy cleaning Accountancy cleaning |
500 2,919 500 2.919 |
- - |
- - |
500 2,919 500 2,919 |
||
| Sundries Sundries |
13 13 |
- | - | 13 13 |
||
| Other Other |
309 309 |
- | - | 309 309 |
||
| Total Total |
121.469 121.469 |
- | - | 121.469 121.469 |
Page Page 8 8 continued... continued...
CHERRY CHERRY HILL[HILL] TRUST TRUST LTD[LTD] PREVIOUSLY PREVIOUSLY KNOWN KNOWN AS[AS] CHERRY CHERRY HILL[HILL] SCHOOL SCHOOL TRUST TROT LTD LTD
NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS - - continued continued FOR FOR THE THE YEAR h EAR ENDED ENDED 31 31 MARCH MARCH 2024 2024
| NOTES FOR NOTES FOR |
NOTES TOTHE FINANCIAL STATEMENTS - continued THE h EAR ENDED 31 MARCH 2024 NOTES TOTHE FINANCIAL STATEMENTS - continued THE YEAR ENDED 31 MARCH 2024 |
NOTES TOTHE FINANCIAL STATEMENTS - continued THE h EAR ENDED 31 MARCH 2024 NOTES TOTHE FINANCIAL STATEMENTS - continued THE YEAR ENDED 31 MARCH 2024 |
NOTES TOTHE FINANCIAL STATEMENTS - continued THE h EAR ENDED 31 MARCH 2024 NOTES TOTHE FINANCIAL STATEMENTS - continued THE YEAR ENDED 31 MARCH 2024 |
||
|---|---|---|---|---|---|
| 6. 6. |
COMPARATIVESFOR THE STATEMENTOF FINANCIAL ACTIVITIES - continued COMPARATIVES FOR THESTATEMENT OF FINANCIAL ACTIVITIES - continued |
||||
| Unrestricted fund Unrestricted fund |
Restricted fund Restricted fund |
Endoument fund Endowment fund |
Total fünds Total funds |
||
| £ | £ | e | £ | ||
| NET INCOME/(E.XPENDITURE) NET INCOME/EXPENDITURE) |
(2.620) (2,620) |
- | - | (2.620) (2.620) |
|
| RECONCILIATION OF FUNDS RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward Total funds brought forward |
43.975 43.975 |
: | - | 43,975 43,975 |
|
| TOTAL FUNDS CARRIED FORWARD TOTAL FUNDS CARRIED FORWARD |
41 ,355 41,355 |
- | - | 41.355 41,355 |
|
| qT. | TANGIBLE FIXED ASSETS TANGIBLE FIXEDASSETS |
Improvements to property Improvements to property |
Fixtures and fittings Fixtures and fittings |
Computer equipment Computer equipment |
Totals Totals |
| £ | £ | £ | £ | ||
| COST COST |
|||||
| At 1 April 2023 and 31 March 2024 At} April 2023 and 31 March 2024 |
20,000 20,000 |
27,194 27,194 |
992 992 |
48,186 48,186 |
|
| DEPRECIATION DEPRECIATION |
|||||
| At April 2023 At I April 2023 |
- | 26,269 26,269 |
992 992 |
27,261 27,261 |
|
| Charge for year Charge foryear |
. | 231 231 |
- | 231 231 |
|
| At 31 March 2024 At 31 March 2024 |
- | 26,500 26,500 |
992 | 27,492 27,492 |
|
| NET BOOK VALIÆ NET BOOK VALUE |
|||||
| At31 March 2024 At 31 March 2024 |
20,000 20,000 |
694 694 |
- | 20,694 20,694 |
|
| At 31 March 2023 At31 March 2023 |
20.000 20.000 |
925 925 |
- | 20.925 20,925 |
|
| 8. 8. |
CREDITORS: AMOtATS FALLING DUE V,TI'I-IIN ONE YEAR CREDITORS: AMOUNTSFALLING DUE WITHIN ONE YEAR |
||||
| 2024 2024 |
2023 2023 |
||||
| £ | £ | ||||
| Trade creditors Trade creditors |
- | (1) () |
|||
| Accruedexpenses Accrued expenses |
1,763 1,763 |
1.013 1,013 |
|||
| 1,763 1,763 |
1.012 1,012 |
||||
| 9. 9. |
MOVEMENT IN Ft MOVEMENTINFUNDS |
| MOVEMENT IN Ft MOVEMENT IN FUNDS |
|||
|---|---|---|---|
| Net Net |
|||
| At 1.4.23 At 1.4.23 |
movement in funds movement in funds |
31.324 At 31.3.24 |
|
| £ | £ | £ | |
| Unrestricted funds Unrestricted funds |
|||
| General fund General fund |
41,354 41,354 |
18,826 18,826 |
60,180 60,180 |
| TOTAL FtINDS TOTALFUNDS |
41 ,354 41,354 |
18,826 18,826 |
60.180 60,180 |
Page Page 9[9] continued... continued...
CHERRY CHERRY HILL HILL TRUST TRI ST LTD LTD PREVIOUSLY KNOWN AS CHERRY HILL SCHOOL TRUST LTD
NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS - - continued continued FOR FOR THE THE YEAR ENDED ENDED[31] 31 MARCH MARCH 2024 2024
- S: MOVEMENT MOVEMENT[J.N] IN FUNDS[Ft][ADS] - - continued continued Net Net mm movement ement in in[funds,] funds, included included in in the the above above are are as as follows: folfov,s.•
| Incoming resources Incoming resources |
Resources expended Resources expended |
M ovement in fünds Movement in funds |
|
|---|---|---|---|
| x | £ | £ | |
| Unrestricted funds Unrestricted funds |
|||
| General fund General fund |
125,715 125,715 |
(106,889) (106,889) |
18,826 18,826 |
| TOTAL, FUNDS TOTAL FUNDS |
125,715 125,715 |
(106,889) (106,889) |
18,826 18,826 |
| Comparatives for movement in funds Comparatives formovement in funds |
|||
| Net Net |
|||
| At 1.4.22 At 1.4.22 |
movement in funds movement in funds |
31.3.23 Al 31.3.23 |
|
| £ | £ | £ | |
| Unrestricted funds Unrestricted funds |
|||
| General fund General fund |
43.975 43.975 |
(2.620) (2.620) |
41.355 41,355 |
| TOTAL FtADS TOTAL FUNDS |
43.975 43,975 |
(2.620) (2.620) |
41.355 41,355 |
| Comparative net movement in funds. included in the above are as follows: Comparative net movement in funds, included in the above are as follows: |
|||
| Incoming resources Incoming resources |
Resources expended Resources expended |
Movement in funds Movement in funds |
|
| £ | £ | £ | |
| I'nrestricted funds Unrestricted funds |
|||
| General fund General fund |
1 18.849 118.849 |
(121,469) (121.469) |
(2.620) (2.620) |
| TOTAL FLADS TOTAL FUNDS |
118.849 118,849 |
(121.469) (121.469) |
(2.620) (2,620) |
| A current year 12 months and prior year 12 months combined position is as A current year 12 months and prior year 12 months combined position is as |
follows: follows: |
||
| Net Net |
|||
| At 1.4.22 At 1.4.22 |
movement in funds movement in funds |
31.3.24 At 31.3.24 |
|
| £ | £ | £ | |
| Unrestricted funds Unrestricted funds |
|||
| General fund General fund |
43.975 43.975 |
16.206 16,206 |
60,181 60,181 |
| TOTAL FUNDS TOTALFUNDS |
43,975 43,975 |
16,206 16,206 |
60.181 60,181 |
Page Page 10[IO] continued... continued...
CHERRY CHERRY HILL HILL TRUST TRUST LTD LTD PREVIOUSLY PREVIOUSLY KNOWN KNOWN AS[AS] CHERRY CHERRY HILL HILL SCHOOL SCHOOL TRUST TRUST LTD LTD
NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS - - continued continued FOR FOR THE THE YEAR 'IF-AR ENDED ENDED 31[31] MARCH MARCH 2024 2024
9. 9. MOVEMENT MOVEMENT IN[IN][Ft] FUNDS[ADS] - - continued continued
A A current current year year 12[12] months months and[and] prior prior year year 12 12 months months combined combined net net movement movement in in funds, funds, included included in in the the above above are are as as follows: follows:
| Iinrestricted funds Unrestricted funds |
Incoming resources Incoming resources Zz |
Resources expended Resources expended £ |
Movement in funds Movement in funds £ |
|
|---|---|---|---|---|
| General fund General fund |
244.564 244.564 |
(228.358) (228.358) |
16,206 16.206 |
|
| TOTAL FUNDS TOTAL FUNDS |
244.564 244.564 |
(228.358) (228.358) |
16.206 16,206 |
|
| 10. 10. |
RELATED PARTY DISCLOSURES RELATEDPARTYDISCLOSURES |
There There were were no no[related] related party party transactions transactions for[for] the[the] year year ended ended 31 31 March Mareh 2024. 2024.
Page Page 11[I][I]
| CHERRY HILL TRUST LTD CHERRY HILL TRUST LTD |
||
|---|---|---|
| PREuotSL.y KNOWN AS CHERRY HILL SCHOOLTRUST PREVIOUSLY KNOWN AS CHERRY HILL SCHOOL TRUST LTD |
||
| DETAILED STATEMENTOF FINANCIALACTIVITIES DETAILEDSTATEMENTOF FINANCIAL ACTIVITIES |
||
| FORTHE ENDED 31 MARCH 2024 FORTHE YEAR ENDED 31 MARCH 2024 |
||
| 2024 2024 |
2023 2023 |
|
| £ | £ | |
| INCOME AND ENDOWMENTS INCOME AND ENDOWMENTS |
||
| Donations and legacies Donations and legacies |
||
| Donations Donations |
40,000 40,000 |
90,000 90,000 |
| Other trading activities Other trading activities |
||
| Fees Received Fees Received |
83,004 83,004 |
28.069 28.069 |
| Other income Other income |
||
| Other Income Other Income |
2,71 1 2,711 |
780 780 |
| Total incoming resources Total incoming resources |
125,715 125,715 |
118,849 118.849 |
| EXPENDITURE EXPENDITURE |
||
| Charitable activities Charitable activities |
||
| Wages Pensions Rates and water Light and heat Telephone Postage and stationery Promoting Awareness Sundries Rent Wages Pensions Rates and water Lightand heat Telephone Postage and stationery Promoting Awareness Sundries Rent |
23,013 125 2,586 3,192 125 192 59,724 12 23,013 125 2,586 3,192 125 192 59,724 - 12 |
30.464 251 2,347 1.698 132 221 52,848 13 1.510 30.464 251 2.347 1.698 132 221 52,848 13 1.510 |
| Exam /Testing Costs Repairs and renewals Exam /Testing Costs Repairs and renewals |
13,956 134 13,956 134 |
27,499 758 27,499 758 |
| Accountancy Accountancy |
750 750 |
500 500 |
| Cleaning Cleaning |
2,849 2,849 |
2,919 2,919 |
| 106,658 106,658 |
121,160 121.160 |
|
| Other Other |
||
| Fixtures and fittings Fixturesand fittings |
231 231 |
309 309 |
| Total resources expended Total resources expended |
106,889 106,889 |
121,469 121.469 |
| Net income/(expenditure) Netincome/(expenditure) |
'8,826 18,826 |
(2.620) (2.620) |
This ffs page page does does not not form form part part of of the[the] statutory statutor> financial financial statements :qatements Page Page 12 12