## **2024 Report to Charity Commission** 

## **St Peter’s Foundation** 

## **Trustees’ Annual Report for the period** 

## **From 01.01.2024 to 31.12.2024** 

## **Charity registration number: 1169636** 

## **Objectves and Actvites** 

St. Peter's Foundation offers and supports intentional communities within parish settings in the Diocese of Exeter which promote Christian vocation. Currently, we provide opportunities in the Seaside Parish of Malborough, Salcombe and South Huish for young adults [Interns], where they can live in a Benedictine style community, act as pastoral assistants and study theology. 

When the Community is active, the Interns are resident in the Community house during the year and are fully involved in the work of the Seaside Parish, which covers Galmpton, Hope Cove, Malborough and Salcombe in South Devon. They attend and participate in Services and increasingly lead Worship in Services of the Word and Matins. They assist the Clergy by serving and can be vergers for weddings and funerals. They work pastorally in the Parish, with Malborough Primary School and with some housebound and ill Parishioners. They can get involved in other community activities such as helping at the local Food Bank. They attend St Mellitus, a theological college in Plymouth a day a week during academic terms to participate in their programmes. Ordinands, studying elsewhere, may come and stay in the Community House for periods during the year, as part of their Ministry Experience. 

## **Regard to the guidance issued by the Charity Commission on public benefit** 

The Trustees have regard to the guidance issued by the Charity Commission on Public Benefit. 

## **Policy on social investment including program related investment** 

The Charity does not make any grants. 

## **Contributions made by volunteers** 

Some house and garden maintenance is undertaken by volunteers and the cost of the fundraising Lunch is donated to the Charity. 

## **Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.** 

The work of the Charity, over the last 8 years, has enabled young people to experience Community and Parish Life for a period of a year. The Parish has been enriched by their youthful presence and interest and enquiring minds. Two of the Interns have gone on to further theological training and another  is in  discernment for further  training. The Interns’ work within the Parish has been appreciated by both the Parishioners and the wider community. The visiting Ordinands/Clergy in Training, who have stayed for short periods, have brought fresh ideas and added perspective and challenge to our usual understandings. 



## **Achievements against objectives set** 

As we were unable to appoint any interns this year, Swallows Nest, the Community House, has been re-let to build up resources for the continuation of the scheme and fund essential maintenance. The Parish is still benefitting from visits by former interns, and by the updates on their lives in ministry. In this way, the Scheme is still achieving its object with regard to involvement in Parish Life and to encourage vocation. 

## **Performance of fundraising activities against objectives** 

Funds were raised from the public and a grant was made by The Church of England under its Ministry Experience Scheme [MES]. A large Donation was made by The Carr Fund which supports ministry in the parish. The funds raised and donated do not usually cover the cost of the scheme when the Interns are resident. During 2024 no Interns have been resident and the Community House has been let to increase the funds so Interns can be recruited in the future. 

## **Investment performance against objectives** 

The Foundation does not make any investments. 

## **Review of the charity’s financial position at the end of the period** 

The  Charity  has  adequate  funds  to  maintain  its  property  at  Swallows  Nest,  Lower  Town, Malborough, and at the start of 2024 had sufficient funds to support the return of Interns. The work of the Foundation is supported by the MES and Interns receive an allowance for their personal spending. Each January a new application has to be made to the MES in London for the Foundation’s programme to be approved and, if successful, the Interns each receive their allowance and are included in any national conferences and training that the MES or Diocese organise. Applications were made to the Foundation during the year, but the process of approval for our scheme, which involved rewriting a large part of the Foundation’s Safeguarding, Safer Recruitment and People Management Policies, meant that meanwhile, applicants found schemes elsewhere. One person was unable to take up a place at the last minute. 

With no resident interns, the Foundation was able to improve Swallows Nest by increasing its energy efficiency by replacing doors and windows, and reducing maintenance costs by replacing fascia, barge and soffit boards, gutters and downpipes with uPVC and painting the exterior walls. 

The house was let to tenants for most of the year. The funds at the year end are sufficient to be able to appoint Interns in September 2025. 

## **Statement explaining the policy for holding reserves stating why they are held** 

The reserves of the Charity are its Bank Balance. The Charity will hold sufficient reserve to match its commitment to maintain the house and support Interns and Visitors. 

## **Amount of reserves held** 

The Balance at the Bank at the year end was £20,834.34 



## **Explanation of any uncertainties about the charity continuing as a going concern** 

Providing sufficient reserves are held before intern appointments are made, then there are no concerns about the Charity as a going concern. 

## **A description of the principal risks facing the charity** 

The Interns do not personally contribute to the funding of the scheme and so the accommodation and board costs are borne by the Charity. The risks the Foundation faces are a possible withdrawal of financial support from the Church of England Ministry Experience Scheme, maintenance costs of the property, replacement of furniture and equipment in the Community House and rising Utility and cost of living bills. 

## **Chair’s Report** 

Since our last AGM, we’ve had an exciting development that we are delighted to share with you: Mary Kilikidi will be ordained on June 28th at Southwark Cathedral—a remarkable and well-deserved milestone. 

Judy will be speaking in more detail about Mary’s journey shortly, but I want to take a moment to say how proud we are. St. Peter’s Foundation has undoubtedly played a significant part in supporting her along the way, and this is a moment of real celebration for us all. 

As you know, last year we made the decision to rent out Swallow’s Nest. With some of the funds raised, we were able to redecorate the exterior—which, I’m sure you’ll agree, now looks much smarter and more welcoming. 

Earlier this year, the trustees met to discuss our plans for  2025–2026. Our current tenants are committed until September 2025, so we had been looking ahead to consider the Foundation’s next steps. 

We had also received interest from two very promising potential interns through our website, and we were at the stage of arranging their initial online interviews. However, as you are now all aware, Rev. Daniel French has decided it’s time for him to move on to new pastures. Given this transition— and the vital role Daniel has played as our Chaplain—we were unable to offer internships without having that spiritual and pastoral leadership in place. 

After much reflection on how best to move forward during this transitional period, and before a new Incumbent is appointed, the trustees decided to re-let Swallow’s Nest. We approached our current tenants, and they have kindly agreed to renew their tenancy for another year. 

We’ve chosen to view this as an opportunity. With the additional funds from the rental, we plan to reinvest in redecorating the interior of Swallow’s Nest. In the meantime, we’ll use this period to proactively promote St. Peter’s Foundation by reaching out to the  Exeter Diocese, Diocese of Europe, Theological Colleges and the Ministry Experience Scheme (MES). 

We believe it’s time to broaden awareness of the Foundation. To support this, we’ll be exploring improved marketing strategies, including the development of informational materials and outreach packs which can be shared with key organisations and at relevant religious events. We will also be re looking at the website to ensure our internship offering is fully covered. 



And finally, a heartfelt word about Daniel. You will be greatly missed by all of us. Your dedication, wisdom, and leadership have been instrumental in shaping the life of the Foundation. We wish you every success and happiness in your new role and we are committed to carrying your vision for St. Peter’s Foundation forward. 

J D Tyler Chair 

12[th] June 2025 

## **Chaplain’s Report** 

In April the Bible Society published its ground breaking report, The Quiet Revival which gave hard data to a renewal interest in faith among young adults. It’s all very exciting. On the ground this phenomenon has been something we can confirm and have seen for a few years now. The interns and placement Ordinands that have spent time here have “swam in these waters” and can speak powerfully into this. Many of our conversations over the past five years have touched upon the sense that something new and unexpected is happening.  My hope is that the Foundation will take advantage of this in the years ahead. 

I have to disclose that I am moving to a new post, that of chaplain to the University of Greenwich in the autumn after 17 years here.  I hope that the new vicar will be committed to the flourishing of St Peter’s and see it as a fundamental part of the Seaside Parish.  For this to happen it will be critical that the trustees, churchwardens and the PCC negotiate this with the Diocese of Exeter in the recruitment process. The Foundation cannot simply be an appendix to this parish’s life, rather it must be recognised as an engine that can turbocharge the mission of this church especially in our outreach to children and young adults. 

Aside from working with YFC and doing schools work I would like to highlight some further avenues for development of the Foundation.  First, it is clear that the Diocese of Europe is keen to advance our relationship with them, and as visa sponsors, we are in a great position to make to take this up. Second, we should not forget Ordinands and curates who need Easter and summer placements.  If by some means they can be integrated into the timetable they also bring energy and experience. Even if not resident they can nevertheless be dovetailed into the intern programme at some level. Third, it is clear that during the holiday “Season” the parish has a significant rise in young adults here. Many of them are working in the service industry. Perhaps there is an opportunity for interns or Ordinands to have a strategic and intentional engagement with this constituency? For example, last year Alfie Ward took a number of staff workers for a two-week Camino pilgrimage.  They loved it. 

Finally, academic friends have suggested the Foundation puts on an Oxford Reading week. Maybe the interns could lead the organisation of something like this? An Oxford Reading week is where university students camp in a parish out of term (typically Easter holidays) and run a mission or study event.  It’s not untypical for twenty or thirty students to come to something like this. 

It has a tremendous privilege to be part of the St Peter’s journey. This is for me and Frances is a real highlight to our time here. We have both watched some amazing young adults flourish in their stay and afterwards beyond.  All to the glory of God! 

Father D A French – Vicar and Chaplain 

16[th] June 2025 



## **Churchwarden’s Report** 

Having updated all our policies and procedures, we were again accepted on to the Ministry Experience Scheme in May 2024. Unfortunately, for various reasons, we were unable to recruit. Consequently, we re-let the house until the end of August 2025. During the time when the house was unoccupied, we have repaired and redecorated the outside and replaced the windows with PVC double glazing and had a new front door. 

We had expressions of interest in the Internship from two people during 2024/2025. Although we had anticipated recruiting for September 2025, the trustees have had to put recruitment on hold, when they knew that the Chaplain, an integral part of the support team, would be leaving. 

Judy Bayley, Church Warden 

12[th] June 2025 

## **Treasurer’s Report** 

The accounts show that the income for 2024 was £25,833.54 and the expenditure was £26,910.84. There were no Interns during the year and Swallows Nest [SN] had been let for 12 months. 

## **Donatons** 

Donations in 2024 went up to £11,000 and, with a Gift Aid Refund, the total income from donations was £11,250.26. This included a donation of £10,000 from The Carr Fund to support the Foundation. 

## **Income from Solar Panels** 

The income from the Solar Panels was £1,612.15. This was higher than expected, because the contract with SSE for the Feed-in-Tariff was taken over by OVO Energy, and it took 6 months for the new arrangement to settle down and the back payments to be made. 

## **Income from Rent** 

The rental income came in every month, but when no Intern was appointed in September, the rental income was reduced for the winter period as no tenants were resident and the planned building work could be undertaken at Swallows Nest. 

## **MES Grant for Improvement of Swallows Nest** 

There is a one-off grant of £1,000 which the National MES makes available to help schemes. We applied  for,  and  were  awarded,  this  grant  on  the  understanding  that  it  would  be  used  for improvement  towards  increased  Energy  Efficiency  of  Swallows  Nest.  The  updated  Energy Performance Certificate [C] for Swallows Nest assisted us in the application. 

## **Utlites** 

Responsibility for the Utilities and Council Tax continues to rest with the tenants. 

## **Insurances** 

## Trustees Insurance 

In 2023 Insurance for the Trustees seemed high at £435. At the last AGM we discussed whether the Trustees needed to have legal expenses insurance as we do not have employees. [Small firms 



without a Human Resources Department of their own often have legal expenses insurance so that they can have access to legal advice for their employment responsibilities]. 

Elizabeth said she would check with the Diocese and spoke to Neil, the Finance Director, who deals with Insurances for the Diocese. She reported back that he recommended that HTS should check with their insurers, in this case, Ecclesiastical Insurance.  I have now checked Holy Trinity's Insurance Policy with Ecclesiastical and I am sure that the Interns will be covered whenever they are "working" both within the churches and pastorally within the Parish and this includes legal expenses insurance. We therefore managed by changing companies from Ecclesiastical to the Markel Insurance to reduce this cost to £234.64, without legal expenses cover, for Trustees. It could have been lower but, because we rent out SN, we could not have a simple Trustees Insurance Policy. 

## Swallows Nest Property Insurance 

This property was insured with Ecclesiastical. When we informed them that the property was going to be unoccupied during the winter, we were told that after 30 days the property would no longer be insured unless all combustible materials [furniture and furnishings] were removed completely from the property. This was unacceptable to the Foundation and so we found, through Sabre Insurance Agency in Kingsbridge, an alternative Insurer, Commercial Insurance, who agreed that furniture could be left in the unoccupied building. This was at an additional cost of £506 for 6 months. 

## **WIX and UK2** 

This is higher than expected because there was a repayment to the Seaside Parish who had been billed for the service for SPF in 2023. 

## **FATCHA** 

SPF had been contacted by Lloyds, our banker, concerning the need to complete this form to state where the Controlling Persons [Trustees] were resident for Tax in order to comply with the Foreign Account Tax Compliant Act. It required all the Trustees to supply their National Insurance Numbers and Date of Birth. The bank didn’t make this task easy because SPF doesn’t have a Unique Tax Reference Number [UTR], but HMRC were more helpful and eventually the form was accepted by the bank. Now that we have a UTR, we have to complete a tax return for 2024! 

## **Food** 

We produced an information sheet for prospective Interns explaining the financial arrangements of the Internship. For the first time this included a specific food allowance. 

## **The Tenancy** 

The Tenants have proved to be extremely reliable and have cared for the property very well. It has been a good working relationship. 

Their deposit of £1,000 has been retained by a recognised Deposit Protection Scheme. 

## **Swallows’ Nest** 

**Maintenance** – During the period that Swallows Nest had no tenants the following works were undertaken with the cost: 

Scaffolding £2,580. External painting £3,000 



Replacement of all soffit, barge and fascia boards, gutters and downpipes £4,707 

Replacement of all windows and doors £13,935 

Garage Door – needed a new battery and cleaning of its contacts for the sensor and hence the electric door could work again. 

Tumble Dryer – This had to be replaced but with a more energy efficient model. 

## **Bank** 

We earned £421 in interest from a combination of Instant access and 32 day Savings accounts. 

## **The Accounts** 

This year the Accounts will have to be checked by an Independent Examiner because the Income is over £25,000. 

R. Timothy L Bayley [Treasurer] 14[th] June 2025 

## **Structure, Governance and Management Descripton of charity’s trusts:** 

## **Type of governing document** Constitution 

**Constitution** The Charity is a Charitable Incorporated Organisation 

## **Policies and procedures adopted for the selection, induction and training of trustees** 

New Trustees are appointed for a term of 3 years after a resolution passed at a properly convened meeting of the charity Trustees. In selecting individuals for appointment the charity Trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. All Trustees can become a Trustee only after approval of the Bishop of Exeter. There should be a minimum of three and a maximum of seven Trustees. New Trustees, before agreeing to stand, are given a copy of the Constitution and a copy of the latest Trustee’s Annual report and Statement of Accounts. 

## **The charity’s organisational structure and any wider network with which the charity works** 

The Charity is free standing but is recognised by the Church of England under its Ministry Experience Scheme and has to apply annually for recognition under this scheme. The Charity is recognised by the  HM  Government  Visa  and  Immigration  Service  as  a  sponsor  for  Religious  Worker  Visa [Temporary Worker]. 

## **Administratve** 

**Charity name** St Peter’s Foundation 

## **Registered charity number** 1169636 

**Principal address** Holy Trinity Church, Church Street, Salcombe, Devon TQ8 8DH 

**Names of the charity trustees who manage the charity** 

1 Jane Tyler Chair 

- 2 Daniel French Chaplain 

- 3 Gill Barnard Secretary 



## 4 Judy Bayley Church Warden 

## 5 Elizabeth Anderson Representative of Diocese of Exeter 

Other advisor Treasurer R T L Bayley Tumblehome, 1 Coronation Road, Salcombe, Devon TQ8 8EA 

|Signatures:|_Jane Tyler_|_D A French_|
|---|---|---|
|Full Names:|Jane Tyler|Daniel Alain French|
|Positon:|Chair|Chaplain and Trustee|



## **Declarations** 

The Trustees declare that they have approved the Trustees’ report above. [2 signatures required] Date: 16[th] August 2025 



||**1169636**<br>**St Peter's Foundation**<br>**Receipts andpayments accounts**<br>Period start date<br>Period end date<br>**To**<br>**For the period**<br>**from**<br>01.01.2024<br>31.12.2024<br>~~| |~~|**1169636**<br>**St Peter's Foundation**<br>**Receipts andpayments accounts**<br>Period start date<br>Period end date<br>**To**<br>**For the period**<br>**from**<br>01.01.2024<br>31.12.2024<br>~~| |~~|**1169636**<br>**St Peter's Foundation**<br>**Receipts andpayments accounts**<br>Period start date<br>Period end date<br>**To**<br>**For the period**<br>**from**<br>01.01.2024<br>31.12.2024<br>~~| |~~|**1169636**<br>**St Peter's Foundation**<br>**Receipts andpayments accounts**<br>Period start date<br>Period end date<br>**To**<br>**For the period**<br>**from**<br>01.01.2024<br>31.12.2024<br>~~| |~~|**1169636**<br>**St Peter's Foundation**<br>**Receipts andpayments accounts**<br>Period start date<br>Period end date<br>**To**<br>**For the period**<br>**from**<br>01.01.2024<br>31.12.2024<br>~~| |~~|**1169636**<br>**St Peter's Foundation**<br>**Receipts andpayments accounts**<br>Period start date<br>Period end date<br>**To**<br>**For the period**<br>**from**<br>01.01.2024<br>31.12.2024<br>~~| |~~|**1169636**<br>**St Peter's Foundation**<br>**Receipts andpayments accounts**<br>Period start date<br>Period end date<br>**To**<br>**For the period**<br>**from**<br>01.01.2024<br>31.12.2024<br>~~| |~~|**1169636**<br>**St Peter's Foundation**<br>**Receipts andpayments accounts**<br>Period start date<br>Period end date<br>**To**<br>**For the period**<br>**from**<br>01.01.2024<br>31.12.2024<br>~~| |~~|**1169636**<br>**St Peter's Foundation**<br>**Receipts andpayments accounts**<br>Period start date<br>Period end date<br>**To**<br>**For the period**<br>**from**<br>01.01.2024<br>31.12.2024<br>~~| |~~|**1169636**<br>**St Peter's Foundation**<br>**Receipts andpayments accounts**<br>Period start date<br>Period end date<br>**To**<br>**For the period**<br>**from**<br>01.01.2024<br>31.12.2024<br>~~| |~~|**1169636**<br>**St Peter's Foundation**<br>**Receipts andpayments accounts**<br>Period start date<br>Period end date<br>**To**<br>**For the period**<br>**from**<br>01.01.2024<br>31.12.2024<br>~~| |~~|**CC16a**<br>~~_~~|**CC16a**<br>~~_~~|**CC16a**<br>~~_~~||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**Section A Receipts and payments**|**Section A Receipts and payments**|||||||||||||||
||||**Unrestricted**<br>**funds**|||**Restricted**<br>**funds**|**Restricted**||**Endowment**<br>**funds**||**Total funds**||**Last year**|||
||||**to the nearest**<br>**£**||**to the nearest**|**to the nearest £**|**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**|**to the nearest £**||
|**A1 Receipts**||||||||||||||||
|Donations|||**11**|**11,000**||**-**|**-**||**-**||**11,000**||**-**|**-**||
|Gift Aid Repayments|||**250**|**250**||**-**|**-**||**-**||**250**||**-**|**-**||
|Fund Raising|||**-**|**-**||**-**|**-**||**-**||**-**||**-**|**-**||
|Solar Panel FIT|||**1**|**1,612**||**-**|**-**||**-**||**1,612**||**-**|**-**||
|MES Grant|||**1**|**1,000**||**-**|**-**||**-**||**1,000**||**-**|**-**||
|Rent|||**11**|**11,550**||**-**|**-**||**-**||**11,550**||**-**|**-**||
|Bank Interest|||**421**|**421**||**-**|**-**||**-**||**421**||**-**|**-**||
||||**-**|**-**||**-**|**-**||**-**||**-**||**-**|**-**||
|**_Sub total_**_(Gross income for_<br>_AR)_||_(Gross income for_<br>_AR)_|**25,833**|**25,833**||**-**|**-**||**-**||**25,833**||**-**|**-**||
|**A2 Asset and investment sales,**<br>**(see table).**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**_Sub total_                              -**<br>**-**<br>**-**<br>**-**<br>**-**<br>**_Total receipts_**<br>**25,833**<br>**-**<br>**-**<br>**25,833**<br>**-**<br>~~—————~~||||||||||||||||
|**A3 Payments**||||||||||||||||
|Water and Sewerage||||||**-**|**-**||**-**||**-**||**-**|**-**||
|Electricity||||||**-**|**-**||**-**||**-**||**-**|**-**||
|Insurances|||**1**|**1,292**||**-**|**-**||**-**||**1,292**||**-**|**-**||
|TV Licence|||**169**|**169**||**-**|**-**||**-**||**169**||**-**|**-**||
|Domain and Website|||**292**|**292**||**-**|**-**||**-**||**292**||**-**|**-**||
|New Tumble Dryer|||**468**|**468**||**-**|**-**||**-**||**468**||**-**|**-**||
|Travel Expenses for Interview|||**59**|**59**||**-**|**-**||**-**||**59**||**-**|**-**||
|Boiler Service and Gas Certificate|||**138**|**138**||**-**|**-**||**-**||**138**||**-**|**-**||
|Repairs[sidegate]|||**270**|**270**|||||||**270**|||||
|Exterior Painting|||**3**|**3,000**|||||||**3,000**|||||
|Scaffolding|||**2**|**2,580**|||||||**2,580**|||||
|Replacement Gutteringetc|||**4**|**4,707**|||||||**4,707**|||||
|Replacement Windows and Doors|||**13**|**13,935**|||||||**13,935**|||||
|||||||||||||||||
|||||||||||||||||
||||**-**|**-**||**-**|**-**||**-**||**-**||**-**|**-**||
|**_Sub total_ **|||**26,910**|**26,910**||**-**|**-**||**-**||**26,910**||**-**|**-**||
|**A4 Asset and investment**<br>**purchases, (see table)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**_Sub total_                               -**<br>**-**<br>**-**<br>**-**<br>**-**<br>**_Total payments_**<br>**26,910**<br>**-**<br>**-**<br>**26,910**<br>**-**<br>~~——————~~||||||||||||||||
|**_Net of receipts/(payments)_**<br>**-                 1,077**<br>**-**<br>**-   -                 1,077**<br>**-**<br>**A5 Transfers between funds**<br>**-**<br>**-                           -**<br>**-**<br>**-**<br>**A6 Cash funds last year end**<br>**-**<br>**-                           -**<br>**-**<br>**-**<br>**_Cash funds this year end_**<br>**-                 1,077**<br>**-**<br>**-   -                 1,077**<br>**-**<br>~~SSS45]~~||||||||||||||||



CCXX R1 accounts (SS) 

03/09/2025 

1 



## **Section B Statement of assets and liabilities at the end of the period** 

|**Categories**<br>Signed by one or two trustees on<br>behalf of all the trustees<br>**B5 Liabilities**<br>**B3 Investment assets**<br>**B2 Other monetary assets**<br>**B4 Assets retained for the**<br>**charity’s own use**<br>**B1 Cash funds**|**Details**<br>**Details**<br>**_Total cash funds_**<br>(agree balances with receipts and payments<br>account(s))<br>Lloyds Bank Balance<br>**Details**<br>**Details**<br>Property - swallows Nest, Lower Town,<br>~~Malborough TQ7 3SE~~<br>**Details**<br>Signature<br>_J  M Bayley_|**Unrestricted**<br>**funds**<br>**Restricted**<br>**funds**<br>**to nearest £**<br>**to nearest £**<br>**20,834**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**20,834**<br>**-**<br>Agreement Error<br>OK<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**funds**<br>**to nearest £**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Fund to which**<br>**asset belongs**<br>**Cost (optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Fund to which**<br>**asset belongs**<br>**Cost (optional)**<br>600000<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Fund to which**<br>**liability relates**<br>**Amount due**<br>**(optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>Print Name<br>Judith MaryBayley|**Endowment**<br>**funds**<br>**to nearest £**|
|---|---|---|---|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||OK|
||||**Endowment**<br>**funds**<br>**to nearest £**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**<br>**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**<br>**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**When due**<br>**(optional)**|
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||||Date of<br>approval|
||_J  M Bayley_|Judith MaryBayley|16.08.2025|
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CCXX R2 accounts (SS) 

03/09/2025 

2 



## **Independent examiner's report on the accounts** 

**Section A                        Independent Examiner’s Report** 

**Report to the trustees** Charity Name St Peter’s Foundation **On accounts for the year** 31[st] December 2024 **Charity no** 1169636 **ended (if any) Set out on pages** 2 (remember  to include the page numbers of additional sheets) 

**Report to the trustees** 

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31.12.2024** 

**Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). 

I report in respect of my examination of  the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 

**Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention in connection with the examination which gives me cause to believe that in, any material respect: 

- the accounting records were not kept in accordance with section 130 of the Charities Act; or 

- the accounts did not accord with the accounting records; or 

- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

**Signed:** _T Scholes_ **Date:** 28/08/2025 **Name:** Timothy Scholes **Relevant professional** MBA **qualification(s) or body (if any): Address:** Ripple Sands Beadon Road Salcombe, Devon TQ8 8JT 

**Oct 2018** 

**IER** 

1 



## **Section B                           Disclosure** 

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). 

**Give here brief details of any items that the examiner wishes to disclose** . 

**Oct 2018** 

**IER** 

2 

