The Emerson Trust Trustees, Annual Report & Financial Statements for the Financial Period from 6th April 2020 to 5th April 2021 The Emerson Trust R•fèr•n¢• & Administrative Oetails Charity OBtails Name . Numbèr.. Address.. The Emgrson Trusl 1177695 40 Edith Road, London W14 9BB Trustees Trustee Date of appointment i Date of resignab.on 26tr, March 2018 nla Julia Browning Rachel Langton Anthony Rice Lucy Vernall 26th March 2018 nla 26th March 2018 nla 26th March 2018 nla Structure, Govemance & Management Structure and govemlng document Structure Governing document . Charitable Incorporated Organisalion constilub.on Appointment of trustees Trustees are appointed by a resolution passed at a meeting of the chanty trustees. There must be at least three trustees. all of whom must be natural persons aged 16 or more. Objects and Activltle6 Objeet of th• Charity The object of the CIO is to advance the educatson of pnmary school child￿n who have special educational needs I'SEN") that are not separatety or fully addressed by the Child￿n,$ sthoollsl. Activities of the charity The charty achieves its object by providing grants to help fund qualified specialist tuition for SEN children whose parenllsl or other responsible adultlsl could not otherwise afford the fees. The charity's policy is to require a contribution from the parentlsl I responsible adultlsl. The chanty also funds group sessions for SEN children from local schools. The charity has an arrangement with Emerson House LLP I"EH"), a speGial needs leaming centre, whereby EH has committed. regardless of demand for pla¢es from elsewhere. lo provide at least two places each lemi to children funded by the Charity and to give a 20% discount on the fees for such places. Notsvithstanding this, the Charity is open to funding places at other special needs schools where appropriate andlor more cost-effective The Chanty will conduct an annual review of the available options In this regard. Pa9e1 of5 The Emerson Trust Achievements during the year During the year, the charity provided financial support for one ehika to attend EH. That support Continued until the end of the Summer 2021 lemi. The Trustees are sab"sfied th8t there has been a marked improvement in the child's skills in literacy and malhemats'cs and that this will result in a material improvement in their future attainment and contribution to society. Public benefit The trustees eonfimi that they have referred lo the guidance contained In the Chanty Commission's general guidance on public benefft when reviewing the chanty's objects and polic￿S in respect of the making of grants The tNstees agreed on a senes of actions and poI￿leS in order to ensu￿ public benefit in the disbursement of the initial funds available to the Charity. including". agreeing a process for identifying Suitab￿ pupils for support and for applying financial means-testing of the pupil's family or aY(emab've sources of support. giving guidance to parents and other applicants for support t¢)wards obtaining stale support for their child's Special needs, ensunng that the charity follows best practice in CnI￿al areas including safeguarding and privacy., deciding to identify and approach a primary school local lo EH with the Intention of estsblishing a partnership arrangement with the school to provide tunding of graups of pupils In touch typing andlor literacy tuition., negotsating with EH of a further signifiCan￿Y discounted rate for its teaching seNices ftir the specialist tutoring of individual or groups of pupils,. agreeing lo seek a longer term programme of funding for the charity once rt had estsblished a track record In the individual pupil and local school partnership programmes Financial Review Summary of finances for the year land the pr￿louS period) Total receipts in the year were £2.9221£11.1771. Total payments were £3971£4.3841. ofwhich £73 was spent on administration and £324 was spent directly on supporting one child. Al the year end, the Charity had £14.878 in cash {£12,3531 Statement of th• Charity's Policy on Reseprfes The Charity has de minimis future obligations. However. the Trustee5 believe that. once a commitment lo help a child has been made. it is important to be sure to be able lo make such contributions lo the fees until such time as the child has extracted maximum benefit from the specialised schooling. The Trustees would not wish a child to have to cease their attendance as a resuh of the Charty being Unab￿ lo afford to continue to ftjnd the fees. For each child for whom a grant Is approved. therefore. the Trustees make their best assessment of how many terms that child is likely to ￿qUIre al the relevant school and the funds lo poy the anticipated fees are then reserved for that purpose At the year end, there was no requirement to reserve funds for anticipated future fees. Details of Any Funds Materially in D•fieit The charity had no funds which wefe materialty in defficil al the date of the ststemenl of a55ets & liabilits"es. Page2of5 The Emerson Trust Status of the Charity's Finances The Charty had no restricted or designated funds at the year end. Pa￿"cUlar8 of Any Outstandlng Guaraniee Glvon by the Charlty The charity has given no guarantee where potential liabilty was outstanding al the date of the statement of assets & liabilities. Particulars of Any Outstanding Debt The charity had no outstanding debts which were secured by an express charge on any of the assets of the charity al the date of the statement of assets & liabilities. Declaration The Trustees declare that they have approved the above re￿rt and authorised that it be signed on their behalf. Anthony Rice Date '. Page3of5 The Emerson Trust The Emerson Trust Roywwd Thxnber 1177695 To Section A Receipts and payments LlnrestrKted Fund8 Restricted funds Endownent funds Total funds Lastyear A1 RK41 bb¢ Sub tolal1GffD￿ in¢￿ fNARI 11,17F A2 JA8Ot arwj ￿vestm￿ sa*s. ($00 Sub toral T¢X8lrÉreipts 2JZ2 i* Pa k¢ Stth lot urchases. s•fr tab Sub tix Totalpaymems 397 Plot ofreceiWyym•n¢$) Transfers funds Cash lunds ￿$t yoar eThJ CWI fund5 thisyew end 2525 8,793 12.393 12J53 14178 s.s$0 12.3$3 14*78 Page4015 The Emetson Trust Section B Statement of assets and liabilities at the end of the period Jnrtsi'.i¢ie¢ funds Enoowmeni funds Bl Ca¥sh fuN 14.m Total¢8sh fyntts UrDsiri¢W *•$trf￿ iunth End(YMh•nt lunttl funds t*tai B3 ts)v•sbnert3558ts Cwrent Va t•ts B4 Assets for ¢harity'5 use w￿nd c￿all5 B5 Svd￿# by on￿￿41 0181 ￿ biJs*es D*e ol Page5of5