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2022-05-31-accounts

Summary ofthe objects ofthe The advancement
public, ofpersons
clesisstical
parish
The advancement
public, ofpersons
clesisstical
parish
ofeducation
(induding
in the ares of benefit.
of Exwick.
ofeducation
(induding
in the ares of benefit.
of Exwick.
Christian
The area
education)
ofbenefit is
education)
ofbenefit is
forthe
the ec-
charity setout In Ns governing
document
The Trust
educsfionsl
hsd regard
lic benefit.
continued to support the local pre-school
in their provision of
fscilifies snd sctivtlies for the local community
snd have
tothe guidance issued by the Charity Commission
on pub-
Summary ofthe main activities
undertaken
forthe public bene-
It in relation tothese obJecls
{include within this section the
statutory
declaration
that trus-
tees have had regard tothe
guidance
Issued by the Charity
Cmnmlsslon
on public beneat)

~ ~
Summary
ments of
ofthe main achieve-
the charity during
The Trust continued to support educational
premises end activities in the
area of benefit by awarding
grants.
the year The Trust's premises
continued
to be leased toa local pre-
schooynursery
provider,
yielding a market rent which has been applied to
maintaining
its premises,
meeting
its chatttable
purposes,
and building
up its reserves.
Forthe second year running,
the Trustees were able to secure a special-
ist policy for buildings
insurance
to ensure protection
against flood risk
(the Trust's buildings are in a liood risk zone).
Since the impact of covid-reiated
stress on local educational
providers
and consequential
calls upon the Trusfs funds was largely over, the
Trust was able to further
build-up
its reserve funds.
Following
independent
advice, the Trust engaged the professional
ser-
vices ofHistoric Building Consultants
to carry out specialist repair works
tothe exterior fabric ofthe old school building.
This helps ensure the
building's
long-term
value as an asset and its current operahon ss edu-
cational premises.
The Trust aims to hold a reserve ofst least f20,000 min. to meet occa-
BArt statement ofthe charity's
policy on reserves
sional end unforeseen
expenditure
(such es unforeseen
repairs, mainte-
nance, orinsurance
costs, snd the expense ofmeinisining
end meriref'rng
the old school premisesin
the evenf thatit may become vecenl fiora
ffme),
Details ofany funds materially
in deficit

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Cate cries Details l)nrestrlcted
tunds
to nearest 3
t Restricted
.'.fuhds
ta nearest E
Endowment
funds
lo neereet E
89 Cash funds CURRENTACCOUNTSAbNtcg 33,331
Total cash funda se,set
inures balances nsh recants esc
ments ecmuni s
OF
Unrestricted Restricted Endowment
funds funds funds
Details to newest r. to oaarlrst E to nearest E
82 Other monetary assets
Details Fund towhich
aSSet belOnas
gael (optional) Current
value
loptlo na I)
83investment assets
Details Fund to which
asset belongs
Cost toptronat) Current value
(optional)
84Assets retained for
charity'3
own uss
the Reserves elE2bk isis.
balance
ill current alc unrestricted
Fund to which Amount dus When due
Details aabelty relates lopllonsl) (optional)
85 Liabilities
Signed by one ortwo trustees
of all the trustees
on behalf Signa)urn Print Name Date ofapproval

~ ~ ~ ~ ~ ~
~ ~
Cate cries Details l)nrestrlcted
tunds
to nearest 3
t Restricted
.'.fuhds
ta nearest E
Endowment
funds
lo neereet E
89 Cash funds CURRENTACCOUNTSAbNtcg 33,331
Total cash funda se,set
inures balances nsh recants esc
ments ecmuni s
OF
Unrestricted Restricted Endowment
funds funds funds
Details to newest r. to oaarlrst E to nearest E
82 Other monetary assets
Details Fund towhich
aSSet belOnas
gael (optional) Current
value
loptlo na I)
83investment assets
Details Fund to which
asset belongs
Cost toptronat) Current value
(optional)
84Assets retained for
charity'3
own uss
the Reserves elE2bk isis.
balance
ill current alc unrestricted
Fund to which Amount dus When due
Details aabelty relates lopllonsl) (optional)
85 Liabilities
Signed by one ortwo trustees
of all the trustees
on behalf Signa)urn Print Name Date ofapproval