The Emerson Trust Trustees, Annual Report & Financial Statements for the Financial Period from 6th April 2023 to 5th April 2024 The Emerson Trust Reference & Adrninistrative Details Charlty Details Name '. Numbei Address. The Emerson Trust 1177695 40 Edith Road, London W14 9BB Trustee$ Trustee Date of appointment 26:" Ivlarcn 2018 Date of resignats.on ! Julia Browning Rachel L8ngEon Anthony Rice Lucy Vernall 26tr March 2018 26." Marcn 2018 rua 26-' March 2018 nia Structure, Governance & Management Structure and governing docurnent Structure Governing documeni Charitable Ineorporated Organisauon Constitution Appointment of trustees Trustees are appointed by a resolution passed al a meeting of the charity trJstees There must be at least three trustees all OT whom musi be natural pe￿on5 ageo 16 or rn0￿. Objects and Activities Object of the charity The abiec: of the CIO is to advance the education of primary school children who have special educational neetss I'SEN") that are not separately or fully addressed by the children's s¢hooils} Activities of the charity The charity achieves rts obiecl -y providing grants lo help fund qualified specialist luilion for SEN children whose parentlsl or other responsible adultlsl could not otherbV',se afford the ',ees The charity's policy Is lo require a contribution frorn the parentlsl I responsible adultlsi. The charity also funds group sessions for SEN children from local schools. The charity has an arrangement with Erne￿on House LLP I'EH-I. a special needs learning cenlre, whereby EH has committed. regardless or oemand for places from elsewhere. to provide at least places each term lo children funded by the Cnarity and to give a 20°/o discount on the lees for such places. Notwithstanding this, the Charity Is open to fvnding places at other special needs schools where appropnale andlor more cosi-effective. Page1of5 The Emerson Trust Achievements during the year The charity continues to fund -Calch up Clubs" where srnali groups of children fro￿, a local school who are ehind In either literacy andlor mathematics attend Emer50n House one afternoon a week auring term time The Trustees b@i18ve these clubs have been very successful and consider them very good value for money. Public benefit -h# trustees confirm that they have referred to the guiaance contained .'1 the L'iarity Comrnissior,'s gerèral guidance on public benefit when reviewing the charity"s objects and policies Ir.. respeci of the making tsf grants The trustees agreed on a series of actsons and policies in order to ensure public benefit in the disbursement ol the initial lunas avaijable io the charity including agreeing a process for Identifying suitable pupils for support and for applying financial means-iesting of the pupil's family or alternative sources of support. giving guidance lo parents and other applicants for support towards obtaining stsle support for their L Ilio's spècial needs ensuring that the charity follows best practice in crit￿1 areas including safeguarding and privacy., deciding lo identify 2nd aDDroach a primary school local lo EH witn ttrie InLenlion of estsblishing partnership arrangement with the school to provide funding of groups of pupi',s in touch typing andlor literacy iLJition-. negotiating with El4. of a !￿rtner 51gnificantly discounted rate for Ils teaching seNices for the specialist tutoring of individual or groups of pupils agreeing to seek 3 longer term prtsgmmrne of funding for the chanty once It hao established a track record in the Individual pupil and local school partnefship pwrammes Flnancial Review Summary of finances for the ygar land the previous period) Total receipts in the year were £21.0281£3.1121. In addrtion. a loan cf £25.000 was received. Total payments were i5.9231£'. 1.6071. of which £421 wa5 Spent on adminislrats.on and £9,502 was spent directly on funding the programmes al Emerson House. Af the year end. the Charity p,ac £46,810 in cas*1£I0. 107}. Statement of the Charty's Policy on Reserves The Charity has d8 minimis recurring income or overheads Reserves al eacn year en¢J are therefore calculalecl taking into accoont existing accrued obligation5. the coming year s anticipat￿ overheads. and any existing commitments lo granteÉs. At str. Apri12024, Reserves were £1 S.677. The Trustees have sel a Reserves T3rgel of £5.000. Detsils of Any Funds Materially in Deficit The charity had no funds which were materiaiiy In deficit al the date of the ststemenl of assets & liabilities. Status of the Charity's Finances The Charity had no restricted or designated funds at the year end. Page2of5 The Eme,"son Trust Parti¢ulars of Any Outstanding Guarantee Given by the Chartty The charity has given no guarantee where potenbal liability was Oiiistanding at the uate OT the slalement of assets & liabilities. Particulars of Any Outstanding Debt Al the date of the statement of assets and liabilities. the chariry nad an apK)unT OUTSt2nding under a '.oan agreemènt with a supporter of£25.000. The loan is due lo be repaid on or befcre 5th April 2026.11 is unsecured Declaration I he Trustees declare that +hey have approved the above report and aulhorised that it be signed on their behalf. Anthony Rice Dale .' 20 November 2024 Page3of5 The Emerson TnJsl The Emerson Trust Reg¢ter¢d Ghjty nwhber 1177695 ar￿ paym•vts xctyJnts For the fmm OMpr.23 To Section A .' Receipts and pa ments rèStri¢'. funds .qEsip £?e- cowent fuDds LA$,. sea.. ttstt* near&51 £ A1 Recei ts Don&o-s f'or thè ubl T8x Ecovèr&o'rorn AMRC 15.810 15 10 600 2512 2) 135 20 B8fdtcom n$atra Sub tOtal(G￿35 IfiCO.Tre tsrARI 21 21 21 A2 ASW ane inVO$knert salos (see tab,, loans receivéd. Loan 25.MO 25 Sub total 2S.NO ' 26 Total réc8ipfts, 46,028, 3,112 A3P rtltn ,Gra￿LS Matte BanK￿- IinFcrma: an ￿c￿MIssIo￿lfeÈs ',le 9.502 84 3$ 222 SUD Eorai 9.923 gJ23 11,507 ,.A4 tss&i and investment urchases. see tabK9 Sub totsi I Togèj PaYn￿lts1 9.923 , 9.923 11,607 Nit of receipt¥(paytywts) A5 Trartsfers betwn funds., AS Casb. funds kst yoar end 1051 1 36,105 10,707 4&012 19.202 10,707 4&812 Page4of5 The Emerson Trust Section B . St*einwit of assets and liabiTities at the end of the period to r*ar•Bt 81 waSlI fun 46.112 43.112 uThrnStr￿t•d funds Rostrkied lunds End0￿￿Ènt funds to n•ard%t£ Oerai 82 Other monetrry assèts ¢wrWpt TrAI be 83 Investment assets 3SSqt DetHI6 Co* IOQ:pjn￿j Cufrlht ¥alu 84 Asset$ retain6d for the charity. own use Whsndu DetAI B5 Lwbilit*S . Loary 5wpwr 25,000 Sioneo oy one bw*e8 on Prirs D*e D,. appfowdl Page5of5