2025-03-31-accounts - Portsmouth City Council Elementary Education Foundation

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Official- CHARITY COMMISSION FOR ENGLAND ANO WALES Trustees, Annual Report for the period From 0110412024 To 3110312025 Period end date Charity name: PORTSMOUTH CITY COUNCIL ELEMENTARY EDUCATION FOUNDATION Charity reglstration number: 1171858 Objectives and Activities SORP ref6rce Para 1.17 Summary of the purposes of the charity as set out in its overnin document Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. To advance education in Portsmouth for those 12 or under Para 1.17and 1.19 the provision of a site or sites in Portsmouth for an educational institution(s) andlor providing for any educational institution in Portsmouth such special benefits of any kind not nomially provided by the LA or the DOE andlor providing grants or loans towards improvements to any educational institution in the area of benefit to raise the standard of education or improve access to education andlor promoting education by providing financial help Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit Para 1.18 Additional information {optional) You ma choose to include further statements where relevant about: SORP rgfgrencg No further statement

Official- Policy on grant making Para 1.38 No further statement Para 1.38 Policy on social investment including program related investrnent No further statement Para 1.38 Contribution made by volunteers No further statement Other Achlevements and Performance SORP reference This year the charity has met its objectives to the public benefit by the on-going provision of sites in Portsmouth for education institutions(s). 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. Para 1.20 Additional information (optional) You ma choose to include further statements where relevant about: No further statement Achievements against objectives set Para 1.41 No further statement Performance of fundraising activities against objectives set Para 1.41

Official- No further statement Investment performance against objectives Para 1.41 No further statement Other Financial Review Review of the charity's financial position at the end of the period Para 1.21 The Trust had income of £55,257 and expenditure of £71,262 resulting in net outgoings of £16,005 due to necessary works to property and a reduction in rental income followin tenant vacancies. The cumulative net income from rentals is applied to the maintenance programme of the Trusts, property in the first instance and thereafter for consideration of grants relatin to the aims of the Trust. £98,768 Statement explaining the policy for holding reserves stating why they are held Para 1.22 Amount of reserves h85d R8asons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concern Para 1.22 Para 1.22 Para 1.24 Para 1.23 The Trust are reviewing their options in dealing with the current challenges relating to potential repair & maintenance costs and tenant vacanci8S. Additional Information (optlonal) You ma Ghoose to include further statements where relevant about: No further statement The charity's principal sources of funds (including any fundraising) Para 1.47 No further statement Investment policy and objectives including any social investment policy adopted Para 1.48 A description of the principal risks facing the charity No further statement Para 1.46 Other No further statement

OfficiaL- Structure, Governance and Management Description of charity's trusts: Type of governing document (trust deed, ro al charter How is the charity constituted? {e.g unincorporated association, CIO Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees Para 1.25 Charity Commission Scheme Para 1.25 Trust Deed dated 2.8.2013 Para 1.25 Trustees are selected from amongst the ouncillors elected to Portsmouth City Council. Additional information (optional) You ma choose to include further statements where relevant about: No further statement Policies and procedures adopted for the induction and training of trustees Para 1.51 No further statement The charity's organisational structure and any wider network with which the charity works Para 1.51 No further statement Relationship with any related parties Para 1.51 No further ststement oth8r Reference and Administrative details Charity name PORTSMOUTH Clry COUNCIL ELEMENTARY EDUCATION FOUNDATION nla 1171858 PORTSMOUTH CITY COUNCIL LEGAL SERVICES CIVIC OFFICES GUILDHALL SQUARE PORTSMOUTH P012AL Other name the charit uses Re istered chari number Charity's principal address

Official Names of the charity trustees who manage the charity Dates acted if not for whole ear Trustaé name Offlce (If any) Name of person (or body) entitled toa 0Snt trustee ifan Portsmouth City Council Portsmouth City Council Portsmouth City Council Ryan William Brent Terry Robin Norton Robert Gerald Van Cordlandt Vernon- Jackson Trustee 25 June 2021 to date Trustee 22 July 2019 to date 19 May 2019 to date Trustee Hugh Mason Trustee 31 March 2021 until 12 September 2022 31 March 2021 until 9 September 2022 Portsmouth City Council Suzy Horton Trustee Portsmouth City Council 10 11 12 13 14 15 16 17 18 20 orate trustees - names of the directors at the date the re Dlrector nama an William Brent Ter Robin Norton Robert Gerald Van Cordlandt Vemon-Jackson ortwasa roved Name of trustees holding title to property belonging to the charity Trustee namo nla Dales acted If not for vthole ear

Official- Funds held as custodian trustees on behalf of others Description of the assets nla held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's objects nla Details of arrangements for safe custody and segregation of such assets from the Charity's own assets nla Addltlonal Informatlon (optlonal) Names and addresses of advisers (Optional Informatlon) Type of Name Address adviser nla nla nla Name of chief executive or names of s8nior staff member8 (Optional informatlon) nla Exemptions from disclosure Reason for non-disclosure of ke ersonnel details Other o tional information nla

Off icial - Declarations Tho trustees declare that they have approvod the trustees, report above. Slgned on behalf of tho charty's trustees Slgnature{s) Full name{s) Position (eg Secretary, Chair. etc) Robert Gerald Vernon-Ja son Chair of Trustees Dato

CHARITY COMMISSION FOR ENGLAND AND WALES Port•mouth Clty Councll Elementary Educatlon 1171858 Receipts and payments accounts CC16a For the period from To 0110412024 3110312025 Section A Receipts and payments Unrostrlcled fund8 to thE n•ar•¥t Restricted funds Endowment funds Total funds Last year to th• n•4r••t £ to th• nwr••t £ to th• no•reBt £ t• th• n••r••t £ A1 Recelpt8 Rentsl lfjc(vno and SoNlc• Chargo Int8r881 Incoma 50,517 4.740 50.S17 474 47A38 Sub tot41(Gros5 inGome for AR) A2 AJ••l and Invo•lment •akg, (lee tablol. 5S257 54257 52,009 Sub total Total recelpts 55,257 54257 52.609 A3 Payments 8ulldlng Works and charge8 NOR Chgrge S3.496 17,7e $1498 17,710 16,528 Sub total 71.262 71.262 68,954 A4 Assèl and Inv•strn•nt urchas. s•• tablfj Sub total 71.262 71.202 88.954 Net of recelpts/(payments) A5 Trnnsfars betw¢en fund¥ A6 Cash funds last yoar •Dd Cash funds thls year end 18.005 16,005 16.34S 114.773 98.76B 114.773 98.768 131.118 114,773 CCXX R1 accounts {SS) 1010412025

Section B Statement of assets and liabilities at the end of the period Unrestricted funds Restricted funds Endowment fvnds Categories Details to n•ar•¥t £ to n•arn•t £ B1 Cash funds Cash Funds for year 16.006 C88h fund carrlgd fcmrd from wevbjus 114,773 Total cash funds 98,768 l•gw b•L•r141h Fereipls Dnd payments Unrèstrlcted fund• to n•art•t £ R&itrlcted funds Endowm•nt nds Detalls to n•ar••t £ Fund lo whleh **•t b•lort Cutr•nl v¥lu• tlonjl Detai15 ¢oBt loptlonill Fund to whlch CurrnntV• lohal Details Flxed Asaet8 Co•t loptlon•ll 490.400 B4 Assets retalned for th• charlty's own use Fund to which relatoa Amount du• Vlhen du• Dètails 85 Llabilities Signed by one or irvslges on behalf of 811 the trusloes Date of roval Slgnature Print Namè LY&Y CCXX R2 accounts ISSI 10A)412025

Official - INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS Report to the Offlcers/Members/Trustees of PORTSMOUTH CITY COUNCIL ELEMENTARY EDUCATION FOUNDATION: Charity Number 1171858 For the Accounts prepared to the 31" March 2025 Res ective res onslbllltles of Offlcers and Examlner The officers of the group are responsible for the preparation of the accounts. The officers consider that an audit is not required and that an independent examlnation is needed. It is my responsibility to: Examine the accounts and to State whether any particular matters have come to my attentlon Basls of Inde endent examlnerfs statement My examination was carried out in accordance with general directions as given by the Charlty Commission. An examination includes a review of the accountin8 records kept by the trustees and a comparison of the accounts prepared with those records. It also includes consideration of any unusual items or disclosures in the accounts and seekin8 explanations from the officers concerning such matter5. Inde endent examlnerfs statement In connection with my examinatlon, no matter has come to my attention: l) Which gives me reasonable cause to believe that In, any material respect, the requirements below have not been met: - To keep proper and accurate accounting records To prepare accounts which accord with the accountin8 records and comply with statutory accounting requirements or 2) To which, in my opinion, attention should be drawn in order for a proper understanding of the accounts to be reached. Mark Gottig Accounting Technician - Portsmouth City Council