ABBEY COURT SCHOOL TRUST (CIO)
TRUSTEES’ REPORT
AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 AUGUST 2021
ABBEY COURT SCHOOL TRUST
LEGAL AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 AUGUST 2021
| TITLE | ABBEY COURT SCHOOL TRUST |
|---|---|
| CHARITY REGISTRATION NUMBER | 1160511 |
| GOVERNING INSTRUMENT | Constitution (Charitable Incorporated Organisation) dated 14 |
| August 2014 | |
| TRUSTEES | Karen Joy |
| Derek King (Appointed 28 June 2021) | |
| Pauline Milton | |
| Sue Vallenta-Kerr | |
| Rev Jean Kerr | |
| Sandra Jones (Resigned 14 June 2021) | |
| Charlene Wakerell | |
| ADDRESS | Abbey Court School |
| Rede Court Road | |
| Strood | |
| Kent ME2 3SP | |
| INDEPENDENT EXAMINER | Samuel Ketcher FCCA |
| Williams Giles Professional Services Ltd | |
| 12 Conqueror Court | |
| Sittingbourne | |
| Kent | |
| ME10 5BH |
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ABBEY COURT SCHOOL TRUST
TRUSTEES REPORT
FOR THE YEAR ENDED 31 AUGUST 2021
Activities, Achievements and Future Plans
Abbey Court School Trust continues to hold termly meetings by Zoom, as it has throughout the pandemic. It has been a challenging time for everybody. Our usual fundraising during this time has been difficult but we have succeeded to make progress and think creatively to ensure that our goals for developing Larkin Farm, our Rural Activity Centre, have been achieved. Focus has been on development of the classroom to enable the facility to be fully inclusive and accessible by all the pupils and visitors. During our meetings we reviewed existing, as well as our new activities, in line with the initial funding priorities for the Trust, which were identified as follows:-
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Additional facilities and equipment where these cannot be funded by the Local Authority (to include; landscaping, provision of wheelchair access and top up equipment and facilities);
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Curriculum enrichment;
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Additional therapeutic support;
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Funding for sibling and parent workshops;
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Communication aids.
Trustees have an ongoing commitment to identify potential funding sources, and feedback at each meeting, to provide opportunities to support community giving.
In its seventh year, the Trust made no individual or group grants and received no external applications.
The Trust continued to run a lottery (renewing its licence obtained from Gravesham and Medway Shared Licensing Services). In total, 215 lottery entries were signed up at a cost of £10 per year, totalling income of £2,150. This was an increase of 1 additional entry from the previous year. The annual prizes totalled £800, and therefore the lottery saw a profit of £1,350 in its fourth year. The Trust also continued its lottery gift voucher scheme to generate interest for future years.
Throughout the year, the Trust has submitted grant applications to secure funds for various projects, resulting in successful bids as follows:-
Rural Activity Centre (Larkin Farm): Baily Thomas Charitable Fund (£20,000 initial + £5,000 final), Garfield Weston Foundation (£50,000), The Clothworkers Foundation (£25,000) Beatrice Laing Trust (£6,000) The Edward Gostling Foundation (£20,000) and The Wolfson Foundation (£50,000).
Fundraising events led by Trustees and members of the school community have resulted in securing £10,808.45. These have included: Pupils Sponsored Walk (£5,679.84), Trustee Sponsored Walk Virtually from Lands’ End to John O’Groats (£2,400), Christmas Jumper Day (£241) and Fundraising for Farm Classroom (£716 + £1,771.61).
In addition, the Trust received corporate and community donations amounting to £12,692.85 via Strood Rotary Club (£500), Julia Barton (£100 +£10), in memory of pupil’s Grandmother (£70), C. Pickett (£10), G. Hoskins (£48.50), S. Jones (£400), Gallagher Group (£1000), Parishioner at All Saints Church (£35), Mr and Mrs Morrison (£40), Anonymous (£38.65), Robin Hood Service Station (£181.94), R. Wilks (£100), HIP (£10,000), S. Evans (£10), G. Astwood (£50), S. Sparkes (£21.96), P & J Kerr (£50), C. Wakerell (£14.76) and anonymous foreign currency (£12.04).
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ABBEY COURT SCHOOL TRUST
TRUSTEES REPORT
FOR THE YEAR ENDED 31 AUGUST 2021
The Trust continues to raise small sums through Kindlink (on-line giving platform), Paypal Giving, Easy Fundraising and Amazon Smile (the latter two are both on-line shopping initiatives) totalling £828.52, plus £30 Gift Aid.
A total sum of £288,009.62 was paid to Abbey Court School in settlement of invoices for Larkin Farm projects.
Our new projects for 2021/22 will be: the refurbishment of the current Secondary Site Courtyard, as an outdoor cinema and the development of Forest school activities.
Public Benefit
The Trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2006 to have due regard to the Charity Commission’s general guidance on public benefit.
Approved by order of the members of the board of Trustees and signed on their behalf by:
Pauline Milton
Chair of Trustees
Date:
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ABBEY COURT SCHOOL TRUST
RECEIPTS AND PAYMENTS ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2021
INDEPENDENT EXAMINERS’ REPORT
I report on the financial statements of the charity for the year ended 31 August 2021 which are set out on pages 5 to 6.
This report is made solely to the Charity's Trustees, as a body, in accordance with section 145 of the Charities Act 2011 and regulations made under section 154 of that Act. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent Examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the Charity's Trustee as a body, for my work or for this report.
Respective responsibilities of Trustee and examiner
The Charity's Trustees are responsible for the preparation of the financial statements, and they consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:
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examine the financial statements under section 145 of the Charities Act;
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follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Act; and
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state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as Trustee concerning 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 financial statements present a 'true and fair view' and the report is limited to those matters set out in the statement below.
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ABBEY COURT SCHOOL TRUST
RECEIPTS AND PAYMENTS ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2021
INDEPENDENT EXAMINERS’ REPORT
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 130 of the Act; and
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to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the Act have not been met; or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Signed: Dated:
Samuel Ketcher FCCA
Williams Giles Professional Services Ltd
12 Conqueror Court
Sittingbourne
Kent
ME10 5BH
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ABBEY COURT SCHOOL TRUST
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2021
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| Funds | Funds | Funds | ||
| 2021 | 2021 | 2021 | 2020 | |
| £ | £ | £ | £ | |
| Receipts | ||||
| Donations | 5,384 | 10,000 | 15,384 | 9,086 |
| Fundraising Income | 11,676 | - | 11,676 | 15,013 |
| Grants received | - | 176,000 | 176,000 | 49,725 |
| Total receipts | 17,060 | 186,000 | 203,060 | 73,824 |
| Payments | ||||
| Fundraising fees | 19,588 | 269,112 | 288,700 | 51,222 |
| Accountancy fees | - | 840 | 840 | 1,680 |
| Misc | 40 | - | 40 | 41 |
| Donations | - | - | - | - |
| Total Payments | 19,628 | 269,952 | 289,580 | 52,943 |
| Excess of receipts over | (2,568) | (83,952) | (86,520) | 20,881 |
| payments for the year | ||||
| Bank balance at beginning of | 10,698 | 83,952 | 94,650 | 73,769 |
| year | ||||
| Bank balance at end of year | 8,130 | - | 8,130 | 94,650 |
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ABBEY COURT SCHOOL TRUST
STATEMENT OF ASSEST AND LIABILITIES
FOR THE YEAR ENDED 31 AUGUST 2021
| 2021 | 2021 | 2020 | 2020 | ||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Current Assets | |||||
| Bank Balances | |||||
| Current Accounts | 8,130 | 94,650 | |||
| Liabilities | |||||
| Loan | - | 5,000 | |||
| Charity Funds | |||||
| Restricted funds | - | 83,952 | |||
| Unrestricted funds | 8,130 | 5,698 | |||
| Total funds | 8,130 | 89,650 |
These financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
Pauline Milton
Chair of Trustees
Date:
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