The Emerson Trust Trustees, Annual Report & Financial Ststements for the Financial Period from 6th April 2024 to 5th April 2025
The Emerson Trust Reference & Administrative Details Charity Details Name . Number: Address. The Emerson Trust 1177695 40 Edith Road, London W14 9BB Trustees Trustee Date of appointment 26th March 2018 Date of resignation nla Julia Browning Rachel Langton Anthony Rice Lucy Vernall 26th March 2018 nla 26th March 2018 n/a 26th March 2018 n/a Structure, Governance & Management Structure and governlng document Structure Governing document . Charitable Incorporated Organisation Constitution Appointment of trustees Trustees are appointed by a resolution passed at a meeting of the charity trustees. There must be at least three trustees, all of whom must be natural persons aged 16 or more. Objects and Activities Object of the charity The object of the CIO is to advance the education of primary school children who have special educational needs ("SEN') that are not separately or fully addressed by the children's school(s). Activities of the charity The charity achieves its object by providing grants to help fund qualified specialist tuition for SEN children whose parent(s) or other responsible adult(s) could not otherwise afford the fees. The charity's policy Is to require a contribution from the parent(s) / responsible adult(s). The charity also funds group sessions for SEN children from local schools. The charity has an arrangement with Emerson House LLP ('EH"), a special needs learning centre, whereby EH has committed, regardless of demand for places from elsewhere, to provide at least two places each term to children funded by the Charity and to give a 20 % discount on the fees for such places. Notwithstanding this, the Charity is open to funding places at other special needs schools where appropriate andlor more cost-effective. Page 1 of5
The Emerson Trust Achievements during the year The charity continues to fund "Catch up Clubs" where small groups of children from a local school who are behind in either literacy and/or mathematics attend Emerson House one afternoon a week during term time. The Trustees believe these clubs have been very successful and consider them very good value for money. Public benefit The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's objects and policies in respect of the making of grants The trustees agreed on a series of actions and policies in order to ensure public benefit in the disbursement of the initial funds available to the charity, Including. agreeing a process for identifying suitable pupils for support and for applying financial means-testing of the pupil's family or alternative sources of support; giving guidance to parents and other applicants for support towards obtaining state support for their child's special needs; ensuring that the charity follows best practice in critical areas including safeguarding and privacy, deciding to identify and approach a primary school local to EH with the intention of establishing a partnership arrangement with the school to provide funding of groups of pupils in touch typing andlor literacy tuition, negotiating with EH of a further significantly discounted rate for Its teaching services for the specialist tutoring of Individual or groups of pupils; agreeing to seek a longer term programme of funding for the charity once it had established a track record in the individual pupil and local school partnership programmes. Financial Review Summary of finances for the year (and the previous period) Total receipts in the year were £16,795 (£21,028) Total payments were £13,512 (£9,923), of which £56 was spent on administration, £1,250 paid to HMRC and £12,206 was spent directly on funding the programmes at Emerson House. At the year end, the Charity had £35,095 in cash (£46,812). Statement of the Charity's Policy on Reserves The Charity has de minimis recurring income or overheads. Reserves at each year end are therefore calculated taking into account existing accrued obligations, the coming year's anticipated overheads, and any existing commitments to grantees. At 51h April 2025, Reserves were £20,469. The Trustees have set a Reserves Target of £5,000. Details of Any Funds Materially in Deficit The charity had no funds which were matenally in deficit at the date of the statement of assets & liabilities. Status of the Charity's Finances The Charity had no restricted or designated funds at the year end. Page2of5
The Emerson Trust Particulars of Any Outstanding Guarantee Given by the Charity The charity has given no guarantee where potential liability was outstanding at the date of the statement of assets & liabilities. Particulars of Any Outstanding Debt At the date of the statement of assets and liabilities, the charity had an amount outstanding under a loan agreement with a supporter of £10,000. The loan is due to be repaid on or before 5th April 2026. It Is unsecured. Declaration The Trustees declare that they have approved the above report and authorised that it be signed on their behalf. Anthony Rice Date . 19 November 2025 Page3of5
The Emerson Trust The Emerson Trust Registered charity number 1177695 Receipts and payments accounts For the period from 06-4)r-24 05-Apr-25 Section A . Recelpts and payn*nts Unrestricted funds Restrlcted funds Endowment funds Total funds Last yoar to th• n•ar••t £ to th• n•ar•st £ to th• n•ir•st £ to th• n•ar•st £ A1 Recei ts Donabons from kne ubC Tax recOred from HMRC Interest Inco Bank co nsatson 74 74 135 Sub total (Gross Inc¢>ne AR) A2 Asset and Investment sales see tsble loans recelved. Loan Sub total rotal receipts 16,795 16,795 46,028 A3Pa ments ants made Bank char es Informabon ComrTrssioner fees L alEn Idenbfier fees Tax re aid to FK4RC 21 35 21 35 115 222 Sub total 13,512 13,512 9,923 A4 Asset and Investment urchases loans re aid Loan repaynI Sub total 15,000 1 S,OCrfY rotal payments 28,512 28,512 9,923 Net of recelpts/(payments) AS Transfers between funds A6 Cash funds last year end Cash funds this year end (11,717) (11,717) 36,105 46,812 46,812 10,707 35,095 35,095 46,812 Page4of5
The Emerson Trust Section B . StateThnt of assets and liabilities at the end of the perlod UnrestrScted Rostrlcted funds funds to n•ar••t É to n•ar•8t £ Endowment funds to n•ar•st £ Categories D•tailg B1 Cash funds Cash In bank •cc¢xJnts 36.095 Totsl ush fun(ts 36,096 Unrestricted funds to n•ar••l £ Restricted funds to n•ar••t £ Endowment funds to n•ar•st £ Dotallq Fund to a8s•t b•lon Details Coot (optjonal) Curr•nt valu• onal B3 Investment assets Fund to hthlch •M•t b•lon Details Cost (optlonaQ Curr•nt valu• B4 Assets retalned for the charity's own uso Fund to ttIch Iirount du• onal •n du• Deiails 85 Llablllties Loan from supporter LknrestricÈd Sig(d by one (x trustees iyi behaff ol al ts trustees Pnnt Na Date of roval Signature Page5of5