Charity number: 1160511 ABBEY COURT SCHOOL TRUST (CIO) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
ABBEY COURT SCHOOL TRUST LEGAL AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 AUGUST 2024 TITLE ABBEY COURT SCHOOL TRUST CHARITY REGISTRATION NUMBER 1160511 GOVERNING INSTRUMENT Constitution {Charitable Incorporated Organisation) dated 14 August 2014 TRUSTEES Karen Joy (Chair) Vicky Aspin Sue Evans (future married name Davis) Derek King Sue Vallente-Kerr Rev Jean Kerr Charlene Wakerell Lydia Ogundolawa lioined 7 Dec 2023) ADDRESS Abbey Court School Rede Court Road, Strood Kent ME2 3SP INDEPENDENT EXAMINER Richard Wamham The Westbrook Trust Byron Primary School Gillingham Kent ME7 5XX
ABBEY COURT SCHOOL TRUST TRUSTEES REPORT FOR THE YEAR ENDED 31 AUGUST 2024 Activities, Achievements and Future Plans Abbey Court School Trust continues to hold meetings three times per year. We have continued to progress and think creatively to ensure our goals for the development of Larkin Farm Rural Activity Centre are achieved. Since completion of the Centre, the school has found that it requires additional support for the upkeep of the farm. The Centre is used by local schools and colleges as well as Abbey Court pupils. It also provides opportunities for members of the local community for work experience and volunteering. It is an important educational resource for the local community. During our meetings we reviewed existing activities, in line with the funding priorities for the Trust, which were identified as: l. Animal feed 2. Animal welfare & living 3. Farm upkeep in general 4. Purchase of additional animals The Trust had a total income for the financial year 2023-24 of £12,364.21 with outgoings of £5,533.48, making a net surplus of £6,830.73 for the year, increasing the bank balance to £23,969.91 The Trust continued to run a lottery in 2023-24 (renewing its licence obtained from Gravesham and Medway Shared Licensing Services). From the overall income of £1,770 from the Lottery, a profit of £970 was made. The 2023-24 Lottery profit is calculated using the whole income from participants in the 2023-24 Lottery Draw (less the prize money) but note that some lottery income would have been received in advance. The Trust continues to run an Animal Adoption Scheme with the overall income of £1667.00 raising a profit of £1519. Fundraising events were held included Spring Draw £1896, Horse Race Night £1325, Christmas Jumper Fashion Show £200.65, Christmas Jumper Day £327.98, a Farm open day (for all) £2,242.89, Farm Open Day (adoptee only) £97.01, Carols on the Farm £712.12 and school Key Stage events £158 The Trust received corporate and community donations amounting to £710.98 which included sums from lottery winners donating back their cash prizes, local councillors and the collection tin held at a local garage. The 2022-23 Trust accounts were audited at a cost of £325 making savings on the previous service charge of £900 and plan to use the same company at a similar cost for the 2023124 audit. In its tenth year, the Trust made no individual or group grants and received O external applications. Our fundraising for the new year will be to continue to support the school with the running costs of the farm for the benefit of children across Medway. It has been estimated that these costs will be in the region of £12,400. As a Trust, we are aiming to raise as much as we can towards these costs, so the farm is successful in providing an excellent community facility for local schools and colleges, as well as Abbey Court pupils. Karen Joy Chair of Trustees Date: ap.2.25
ABBEY COURT SCHOOL TRUST TRUSTEES REPORT FOR THE YEAR ENDED 31 AUGUST 2024 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: Karen Joy Chair of Trustees Date:
ABBEY COURT SCHOOL TRUST RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024 INDEPENDENT EXAMINERS, REPORT CHARITY COMMISSION FOR ENGLAND ANO WALES Independent oxamlnevs report on the accounts Sedion A In(pondtni Fxan)Irwr'$ Ropori R•port to th• tswt•••l I COURT SVICfJL TRUST torlh• y•v ' 3137AV$r24 Ch•th nb111efjsi1 Slt out M p•gts . AS8ETaJT It4 THE FIIWICIAL TAAESIN Thss REP rfwnty Tntsr)tor 31 AU2024. 2011 fth• Act?. 145 d th• 2011 Act w•J my I 1495Xb} olth•A b> b&1 that #i. &iy mwial f•ip vAthor '. 27/os[as N•m•: ,: RICHAiig WARNIHAM Iin#ttity4•) 4r b•dy Addrnss: THE WEST8R(JJKTRVST t 8YRCW PRIMARY SCIIQX GIWNGptyM. KENT SXX O¢tgb•r2018
ABBEY COURT SCHOOL TRUST RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2024 Unrestricted Funds Restricted Funds Total Funds Previous Years 2024 2024 2024 2023 Receipts Donations Fundraising Income Grants received Total receipts 1,051 11,313 1051 11313 1,590 7.303 12.364 12364 8,893 Payments Fundraising fees Accountancy fees Misc Donations Total Payments -2,282 -325 -216 -2.710 -5.533 -2282 -325 -216 -2710 .5533 6,000 840 980 550 8.370 Excess of receipts over payments for the year Bank balance at beginning of year 6,831 6831 523 17,139 17139 16,616 Bank balance at end of year 23.970 23970 17.139
ABBEY COURT SCHOOL TRUST STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 AUGUST 2024 2024 2024 2023 2023 Notes Current Assets Bank Balances Current AcGounts 23,970 17,139 Liabilities Charity Funds Restricted funds Unrestricted funds 23,970 17,139 Total funds 23,970 17,139 These financial statements were approved and authorised for issue by the Trustees and signed on their behalf by: Karen Joy Chair of Trustees Date: 2F, I.IS.