The Emerson Trust Trustees, Annual Report & Financial Statsments for the Financial Period from 6th April 2021 to 5th April 2022 The Emefson Trust Reference & Adminlstrative Details Charty Details Narne ' Number. Address.. The Emerson Trust 1177595 40 Edith Road. London W14 9BB Trustees Trustee Date of appointff*nt 126th March 2018 1 26th March 2018 Date of resignation nla Julia Browning Rachel Langton Anthony Rice Lucy Vernall nla 26th March 2018 nla 26th March 2018 nla Structurn, Governance & Managoment Structure and governing document Structure ". Goveming document.. Charitable Incorporated Organisation Constsiutyon Appointment of trustees Trustees are appointed by a resolution passed al a meeting of the Charity trustees. The￿ musl be at least three trustees. all of whom musl be natural persons aged 16 or more. Objects and Activities Object of the charlty The object of the CIO is lo advan￿ the education of primary school chIld￿n who have spec￿1 educational needs I'SEN I that are not separately or fvlly addressed by the children's 5¢hoollsl. Activities of the ¢harity The charity achieves its object by provtrjing grants to help fijnd qualified specialist luitson for SEN children whose parenllsl or other responsible aduttlsl could nol otherwse afford the fees. The ¢ttarity'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 wrth EffErson House LLP I"EH°I, a special needs learning cenlre, whereby EH has committed. regardless of demand for pla￿S from elsewhere. to prOV￿e at least places each temi to children funded by the Charty and lo gNe a 20% discount on the fees for such places. No￿lthstanding this. the Chanty is o￿n to fvnding places al other special needs schools where appropriate andlor more cosl*ffeclive. Page 1 of5 The Emerson Trust Achievements durlng the year During the year, the charity started funding "Catch up Clubs". where Small groups of children from a local school who are behind in either literacy andlor mathematics attend Emèrson House one aft&rnwn a week during term lime The Tfustees believe these clubs have been very $uceessfrJl and consider them very good value for money. Public benefft The Iruslees confirm that they have refeffed to the guidance contained in the Chanty Commission's general guidance on public benefit when reviewing the chartty's objects and Folicies in respect of the making of grants. The trustees agreed on a series of actrons and policies in order to ensure public ￿nefft in the disbursement of the Initial funds available to the charity, including. agreeing a process for identifying $uilable pupils for support and for applying financial means-tesb'ng of the pupil's family or alternatsve sources of sUPPOrt'. giving guidance to parents and other applicants for supwrt towards obtaining state support for their hild's special needs.. ensuring that the charity follows best practice in cntical areas including safeguarding and privacy., deeiding to identify and approach a primary school local to EH with the intention of estsblishing a partnership arrangement with the school lo provKle funding of groups of pupils in touch typing andlor literacy luilion., negotiating wrth EH of a further significanuy discounted rate for its teaching services for the spe¢iali5t lutofing of individual or groups of pupils". agreeing lo seek a longer term programme of fvnding for the charity once it had established a track record in the individual pupil and local school partnership programmes. Flnancial Review Summary of finances for the yoar (and the previous perlod Total receipts in the year were £10.9931£2,9221. Total payments were £6.669 (£3971, of which £84 was spent on administratson and £6,585 was spent directly on funding the programmes at Emerson House. Al the year end, the Charity had £19.202 In eash1£14.8781- Statement of th& Charity's Pollcy on Reserves The Charity has de minimis future obligations. However. the Trustees believe that. once a commitrment to help a child has been made, it is Importanl lo be sure to be able to make su¢h contn"bulions lo the fees until such lime as the child has extracted maximum benefit from the specialised schooling. The Trustees would not wsh a child to have to cease their attendance as a result of the Charity being unable lo afford lo corslinue to fund 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 Iikety to require at the relevant school and the funds to pay the anticipated fees are then ￿served for that purpose. Al the year end, there was no requirement to reserve funds for anl¢ipated future fees. Detalls of Any Funds Malerially in Deficlt The chanty had no funds which were materialty in deficit at the dale of the statement of assets & liabilities. Page2of5 The E￿￿r$On Trust Status of the Charity's Finances The Charity had no reslncled or designal¢d fvnds at the year end. Partlculars of Any Outstsnding Guarantee Gi¥•n by th• Charity The charity has given no guarantee where potenttal liability was outstanding at the date of the statement of assets & liabilit￿s. Partlculars of Any Outstandlng Debt The charity had no outstanding debts which were secured by an express charge on any of the assets of the charity at the date of the statement of assets & Iiabililies. Declaration The Trustees declare that they have approved the above report and authorised that il be signed on their t*half. Anthony R Date ". Page3ofS The Emerson Trust The emerson Trust For th• pwknj fwofft iwoi Tp 054w42 Section A Receipts and payments Unr¢siri¢trd funds End(by*Tr*nt fund$ Yotsl funds •iywr th• t A1 ReGe Sub toE•l{GrDSS income forARI i•J•J Sub fOt•l Total ￿Ce￿ts 2.922 A3P mEnts i) Sub A4 A*¥•t *nd investment see lab Sub toi*l 3•7 4J2 324 2,J2J AS bÈtt*tn lunds A8 Cash tunds last year *nd 14.878 19 14.878 19202 12,353 1U78 Page4of5 The Emerson Trust Section B Statement of assets and liabilities at the end of the period Unrestricted R•iiriciÈd fundi En¢oKThent fvndl nMr••t t 81 Cash frJnd5 Il••trKtsd IMd• Endo*TrTrnt ftbnd• nd• Detai15 Cury•niYd Dth B3 In¥eslment 4SS•ts Cun•n¢ 34 As50ts rotalnad for th• charfty'$ own us• DetwL8 of alth•tPJgt••* Dat• ol ipprtr Page5ofS