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2023-04-30-accounts

SORP reference
Summary
ofthe purposes
the charity as set out in its
ove min
document		 of The advancement
ofhealth or saving of
lives by making
grants and awards to
re istered, exce ted and exem
t charities
Summary
ofthe main
activities
in relation to those		 Para 1.17and
1.19		 Monies have been raised by holding
equine
and social events. Grants have been made
purposes
for the public		 to:
benefit,
in particular,
the
activities, projects or
services identified
in the
accounts.		 Air Ambulance
R4,422, East Sussex
Farmers Benevolent
Fund F4,000,84,000
each toStPeter and StJames Hospice, St
Wilfred*s Hospice and St Michaels Hospice
and K1,000to Fairlight
Hall RDA and
F2,000to St Barnabas Hos ice
Statement
confirming
whether
the trustees have
had regard to the guidance
issued by the Charity
Commission
on public
benefit		 Para 1,18 The trustees
confirm that they have had
regard to the guidance
issued
by the
Charity Commission
on public benefit when
(amongst other things)
planning
the
charity's
activities and setting
its grant
ma kin
olicies.
SORP reference
All grants have to be approved by all
Policy on grant making Para 1.38 trustees
and the recipient charity must
comply with out stated charity purpose
Policy on social investment Para 1.38
including program related
investment
NIA
Para 1.38
Contribution made by
volunteers
N/A
Other

SORP reference
Grants off23,422 made as detailed above.
All monies gratefully received by recipients.
Summary
ofthe main
achievements
ofthe charity,		 Para 1.20
identifying
the difference the
charity's
work has made to
the circumstances
of its
beneficiaries
and any wider
benefits to society as a
whole.

You ma choose to include choose to include further statements where relevant about
The original target was to exceed grants
Achievements against Para 1.41 made last year. This was achieved.
objectives set
As above
Performance offundraising
activities against objectives Para 1.41
set
N/A
Investment
performance		 Para 1.41
against objectives
NlA
Other

Financial
Review		 Financial
Review
Review ofthe charity's
financial
position at the end		 Para 1.21 Cash at bank f11,67330April 2023
available to make donations
ofthe
eriod
Statement
explaining
the
policy for holding
reserves		 Para 1.22 Reserves held
in anticipation
and to make donations.		 offuture costs
statin
wh
the
are held
Amount ofrests
held		 Para 1.22 f11,673
Reasons for holding zero Para 1.22 N/A
reserves
Details offund materially in Para 1.24 NIA
deficit
Explanation
ofany		 Para 1.23 NIA
uncertainties
about the
charity continuing
as a going
concern
concern
Additional information (optional)
You ma
choose to include further statements		 where relevant about
Donationsimonies raised from equine and
social events
The charity's
principal
sources of funds {including Para 1.47
any fundraising)
NIA
Investment
objectives		 policy and
including
any		 Para 1.46
social investment
policy
adopted
NIA
A description
ofthe principal		 Para 1.46
risks facing the charity
Other

Description
ofcharity's		 CIO
trusts:
Type ofgoverning
document
Itrust deed, royal charter)		 Para 1.25 Constitution
Organisation		 ofa Charitable
Incorporated
whose only voting members
How is the charity Para 1.25 are its charit
GIO		 trustees
constituted'7
j&.g Unlncorpol
ateQ
association. CiG)
Trustee selection methods
including
details ofany
constitutional
provisions e.g.
election to post or name of		 Para 1.25 There must be at least 3trustees. Trustees
are elected by existing trustees.
any person or body entitled
to appoint one or more
trustees
Additional
information
(optional)
You ma
choose to include further statements		 where relevant about:
bl/A
Policies and procedures
adopted for the induction Para 1.51
and training
oftrustees
The charity's
organisational
structure
and any wider		 Para 1.51
network
with which the
charity works
N/A
Relationship
with any		 Para 1.51
related parties
Other

Charit
name		 South-East Rural Charitable Rural Charitable Trust
Other name the cha
uses
Re istered charit number 1193316
Charity's
principal		 address Whiieoaks, Cowbeech, Hailsham BN27 4JB
Funds held as custodian Funds held as custodian trustees on behalf ofothers
Description
ofthe assets		 NONE
held
in this capacity
Name and objects ofthe
charity on whose behalf the
assets are held and how this
falls within the custodian
charity's objects
Details ofarrangements for
safe custody and
segregation
ofsuch assets
from the charity's
own
assets

Names and ad dresses of advisers
(		 Optional
information)
Type of Name Address
adviser
Accountants Caroline Milwidsky Garden House, Bayham Abbey, Lamberhurst TN3 8BG
Name ofchief executive or names ofsenior staff members (Optional information)

Restricted
Unrestricted income Endowment Totai this Totaf fast
funds funds funds year' paar
f. K
F01 F02 F03 F04 F05
CUB"ertt 3ssets
Stocks 808
debtors
f8vestments		 (Note 7) 807
808		 414 6,040
'~ash at bank and in hand ttfote 9) 800
Total current assets 870
':*reditOrs". amounts
fafffng		 due within
one year
(Note 8)		 811 3GG
Net cunent essetsipiab gitieej aa
Total assefs less current iiabiNies a~a
Total nef Bssefs or ilablfiflas'
FtkAcfs Gft)t8 Charfg		 11,787 'f 'f 787 12,168
Endownteftt
funda
Restricted income funds
Unrestricted
funda		 ats 11,787
Revaluation
reserve		 820
Fair value reserve
~
~
~
~
Note 2 Accounting
policies
2.2 INCONIE
Recognitlon ofincome These are included
in the Statement ofFinancial Activities (SoFA) when:
~
the charity becomes entitled tothe resources;
~
it is more likely than not that the trustees
will receive the resources;		 Yes* No* N/a'
~
the monetary value can be measured
with sufficient
reliability.
Offsetting There has been no offsetting ofassets and liabilifies, or income and expenses, unless
required or permitted
by the FRS102SORPor FRS102.		 Yes* No* N/a*
Grants and donations are only included
in the SoFA when the general income recognion		 Yes" No" N/a"
criteria are met (5.10to5.12FRS102SQRP).
In the case ofperformance
related grants, income must only be recognised tothe extent
that the charity has provided the specified goods orservices as entitlement
to the grant		 Yes* No* N/a
only occurs when the performance
related conditions are met (5.16FRS102SORP).
Legacies are included
in the SOFA when receipt is probable,
that is, when there has
Legacies been grant ofprobate, the executors have established
that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control ofthe		 Yes' No' N/a*
charity or have been met,
Yes' No N/a'
Government grants The charity has received government
grants in the reporting
period
Gift Aid receivable is included
in income when there isa valid declaration
from the donor.
Tax reclaims on donations Any Gift Aid amount recovered on a donation
is considered tobe part ofthat gift and		 is Yes* No* N/a*
and gifts treated as an addition to the same fund as the initial donation unless the donor orthe
terms ofthe appeal have specified otherwise.
Contractual
performance		 income and
related		 This is only included
in the SoFA once the charity has provided the related goods or
services or met the performance
related conditions.		 Yes* No" N/a*
grants
Yes" No* N/a*
Donated goods Donated goods are measured
at fair value (the amount for which the asset could be
exchanged)
unless impractical
to do so.
The costofany stock ofgoods donated for distribution
to beneficiaries
isdeemed to be
the fair value ofthose gifts at the time oftheir receipt and they are recognised on receipt.		 Yes* No" N/a*
in the reporting
period in which the stocks are distributed,
they are recognised as an
expense at the carrying amount ofthe stocks at distribution.
Donated goods for resale are measured
at fair value on initial recognition,
which isthe
expected proceeds fmm sale less the expected costs ofsale, and recognised
in 'Income
from other trading activities'
with the corresponding
stock recognised
in the balance		 Yes* No* N/a*
sheet.
On its sale the value ofstock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets Yes' No* N/a*
and included
in the SoFAas incoming resources when receivable.
Gifts in kind for use by the charity are included
in the SoFA as income from donations		 Yes* No* N/a*
when receivable.
Donated services and Donated services and facilities are included
in me soFA when received at the value		 Qf Yes" No" N/a"
facilities the gift to the charity provided the value ofthe gift can be measured
reliably.
Donated services and facilities that are consumed
immediately
are recognised as income		 Yes Nc* N/a"
with an equivalent
amount recognised as an expense under the appropriate
heading		 in
the SOFA.
Yes* No" N/6*
Support costs The charity has incurred
expenditure
on support costs.
Volunteer help The value ofany voluntary
help received is not included
in the accounts but is described
in the trustees'
annual
reporL		 Yes* No" N/a'
Income from Income from interest, This is included
in the accounts when receipt is probable and the amount receivable can		 Yes" No* N/a*
royalties and dividends be measured
reliably.
Income from membership Membership
subscriptions
received
in the nature ofa gift are recognised
in Donations		 Yes' No* N/a
subscriptions and Legacies.
Membership
subscriptions
which gives a member the right to buy services orother		 Yes* No* N/a*
benefits are recognised as income earned
from the provision ofgoods and services as
income from charitable
activities.
Settlement
claims		 ofinsurance insurance
claims are only included
in the SoFA when the general income recognition
cditeria are met (5.10to 5.12FRS102SORP) and are included as an item ofother
income
in the SoFA.		 Yes* No" N/a"
Investment
losses		 gains and This includes
any realised or unrealised
gains or losses on the sale ofinvestments
and
any gain or loss resulting
from revaluing
investments
to market value at the end ofthe		 Yes* No* N/a*
year.
2.3EXPENDITURE AND LIABILITIES
Liability recognition Liabilities are recognised
where
it is more likely than not that there isa legal or
constructive
obligation
committing
the charity to pay out resources and the amount ofthe
obligation
can be measured
with reasonable
certainty.		 Yes* No* N/a*
Governance
costs		 and support Support costs have been allocated between governance
costs and other support.
Governance
costs comprise
all costs involving
public accountability
ofthe charity and its		 Yes" No* N/a"
compliance
with regulation
and good practice.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent
with the use ofresources, eg allocating
property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.		 Yes* No" N/a*
Grants with performance Where the charity gives a grant with conditions for its payment
being aspecific level of
conditions service oroutput to be provided,
such grants are only recognised
in the SoFA once the		 Yes* No* N/a"
recipient ofthe grant has provided the specified service or output.
Grants payable without Where there are no conditions
attaching
to the grant that enables the donor charity to
performance conditions realistically
avoid the commitment,
a liability for the full funding
obligation
must be		 Yes* No* N/a*
recognised.
Redundancy cost The charity made no redundancy
payments
during the reporting
period.		 Yes* No* N/a*
Deferred income No material
item ofdeferred
income has been included
in the accounts.		 Yes* No' N/ *
Creditors The charity has creditors which are measured
at settlement
amounts less any trade
discounts		 Yes* No* N/a*
Provisions for liabilities A liability is measured
on recognition at its historical est and then subsequently
measured atthe best estimate ofthe amount
required to settle the obligation at the		 Yes* No* N/a*
reporting
date
Basicfinancial
instruments		 The charity accounts for basic financial
instrumenis
on initial recognition as per
paragraph
10.7FRS102SORP. Subsequent
measurement
isas per paragraphs
11.17
to 11.19,FRS102SORP.		 Yes* No" N/a*
2.4ASSETS
Tangible fixed assets for These are capitalised
ifthey can be used for more than one year, and cost at least
use by charity Yes* No* N/a'
They are valued at cost.
The depreciation
rates and methods
used are disclosed
in note 14.
Intangible
fixed assets		 The charity has intangible
fixed assets, that is, non-monetary
assets that do not have
physical substance
but are identifiable
and are controlled
by the charity through
custody		 Yes" No* N/a
or legal rights.
The amortisation
rates and methods
used are disclosed
in note 15.
They are valued atcost. Yes No* N/a*
Heritage assets The charity has heritage assets, that is, non-monetary
assets with historic, aitistic,
scientific, technological,
geophysical
or environmenial
qualities
that are held
and
maintained
principally
for their contribution
to knowledge
and culture.
The depreciation		 Yes* No* N/a*
rates and methods
used as disclosed
in note 16.
Yes* No* N/a"
They are valued atcost.
Fixed asset investments
in quoted shares, traded bonds and similar investments
are
Investments valued at initia(ly atcost and subsequently
atfair value (their market value) at the year		 Yes* No N/a*
Restricted
Donations
and legacies:		 Donations
GiftAid
Le acies		 Analysis ofincome
and
ifts		 Unrestricted
funds
11,160		 income
funds		 Endowment
funda		 Total funds
f
1,160
1,669		 Prior year
E
14,671
3,101
General grants provided by government/other
charities
Membership subscriptions and sponsorships
which are in substance donations
Donated
cods, facilities		 and services
Other
Total 12,829 12,829 17,772
Charitable
activities:
Other
Total
Other trading
activities:
Annual dinner tickets and raffle sales 2,415
Ride ca s 13,232 13,232 14,603
Trustee donations 8,000 8,000 10,200
Other
Other
Total 21,232 21,232 27,218
Income from Interest income
investments: Dividend income
Rental and leasin income
Other
Total
Separate
material
item
ofincome
Total
Other: Conversion ofendowment funds into income
Gain on
for chari		 disposal ofa tangible fixed asset
's own use		 held
Gain on disposal ofa programme related
investment
Royalties from the exploitation
of intellectual
ro e ri hts
Other
Total
TOTAL INCOME 34,061 34061 44,990
Other information:
All income in the prior year was unrestricted except for:
(please provide description and amounts)
Not a licable
Where any endowment
fund		 is converted into income in the
reporting
period,		 piease give the reason for the conversion.
Not a plicable
Where any endowment
fund		 is converted into income in the
prior period, please give the reason forthe conversion.
Not a licable
Within the Income Items above the following Items are
material: (please disclose the nature, amount and any prior
year amounts)
Not a licable
Note 4 Expenditure Expenditure Expenditure
This year Last year
Restricted Restricted
Unrestricted income Endowment Unrestricted income Endowment
Analysis funds funds funds Total funds funds funds funds Total funds
Ex enditure
on raisin		 funds:
Incurred seeking donations
incurred
seeking legacies
Incurred seeking grants
Operating
membership
schemes and		 social
lotteries
Staging fundraising
events		 4,843 4,843 5,708 5,708
Fudraising
agents
Operating
charity shops
Operating
a trading company		 undertaking
non-charitable
tradin
activi
Advertising,
marketing,		 direct mail and
publicity 869 869 107 107
Start up costs incurred
in		 generating new
source offuture income
Database development costs
Other trading
activities
Investment
management		 costs:
Portfolio management
costs
Cost of obtaining
investment		 advice
investment
administration		 costs
Intellectual
property
hcencing		 costs
Rent collection, property repairs and
maintenance
charges
Total expenditure
on raising funds		 5,712 5,712 5,815 5,815
Expenditure
on charitable activities:
Donations to chadities 23,422 23,422 22,000 22,000
Total expenditure
on charitable activities		 23,422 23,422 22,000 22,000
Separate material
item		 ofexpense
Insurance 5,02Q 5,02Q 4,520 4,520
Total 5,029 5,029 4,520 4,520
Other
Accountants
fees		 150 150 150 150
Bank char es 109 109 76 76
First Aid trainin 253 253
Printin
and stations
Total other expenditure 278 278 487 487
TOTAL EXPENDITURE 34,441 34,441 32,822 32,822
Other information:
Analysis ofexpenditure on charitable activities
This year Last year
Activity or programme Activities
undertaken
directl		 Grant
funding
of
activities		 Support
Costs		 Total this
year		 Activities
undertaken
directl		 Grant
funding
of
activities		 Support
Costs		 Total last
year
Kent, Surrey, Sussex Air Ambulance 4,422 4,422 6,000 6,000
East Sussex Farmers Benevolent Fund 4,000 4,000 4,00Q 4,000
StPeter and StJames Hospice 4,000 4,000 4,000 4,000
StWllfreds Hospice 4,000 4,000 4,000 4,000
St Michaels Hospice 4,000 4,0QO 4,000 4,000
Fairlight
Hall RDA		 1,000 1,000
St Barnabas Hospice 2,000 2,000
Total 23,422 23,422 22,000 22,000

was paid please en ter '0
'in the appropriate
box(es).
This year Last year
Independent
examiner's		 fees
Assurance services other than independent examination
Tax advisory fees
Other fees (for example: financial advice, consultancy, accountancy services) paid 150 150
to the independent examiner
This year:
6.1Anal sis of
rants paid (included		 in costofcharitable activities)
Grants to Grants to
Analysis institutions individuals Support costs Total
Kent and Sussex Air Ambulance 4,422 4,422
St Peter and StJames Hospice 4,000 4,000
StWilfreds Hospice 4,000 4,000
St Michaeis Hospice 4,000 4,000
East Sussex Farmers Benevolent Fund 4,000 4,000
Fairiight
Hall RDA		 1,000 1,000
StBarnabas Hospice 2,000 2,000
Total 23,422 23,422

Trade debtors
Prepayments and accrued income
Other debtors

Amounts falling due Amounts falling due after falling due after
within one year more than one year
This year Last year This year Last year
K R
cts
300 150
Total 300 150
Note S Cash at bank and in hand Cash at bank and in hand
This year Last year
Short term cash investments (less than 3months maturity date)
Short term deposits
Cash at bank and on hand 11,673 6,278
Other
Total

SORP reference
Summary
ofthe purposes
the charity as set out in its
ove min
document		 of Para 1.17 The advancement
ofhealth or saving of
lives by making
grants and awards to
re istered, exce ted and exem
t charities
Summary
ofthe main
activities
in relation to those		 Para 1.17and
1.19		 Monies have been raised by holding
equine
and social events. Grants have been made
purposes
for the public		 to:
benefit,
in particular,
the
activities, projects or
services identified
in the
accounts.		 Air Ambulance
R4,422, East Sussex
Farmers Benevolent
Fund F4,000,84,000
each toStPeter and StJames Hospice, St
Wilfred*s Hospice and St Michaels Hospice
and K1,000to Fairlight
Hall RDA and
F2,000to St Barnabas Hos ice
Statement
confirming
whether
the trustees have
had regard to the guidance
issued by the Charity
Commission
on public
benefit		 Para 1,18 The trustees
confirm that they have had
regard to the guidance
issued
by the
Charity Commission
on public benefit when
(amongst other things)
planning
the
charity's
activities and setting
its grant
ma kin
olicies.
SORP reference
All grants have to be approved by all
Policy on grant making Para 1.38 trustees
and the recipient charity must
comply with out stated charity purpose
Policy on social investment Para 1.38
including program related
investment
NIA
Para 1.38
Contribution made by
volunteers
N/A
Other

SORP reference
Grants off23,422 made as detailed above.
All monies gratefully received by recipients.
Summary
ofthe main
achievements
ofthe charity,		 Para 1.20
identifying
the difference the
charity's
work has made to
the circumstances
of its
beneficiaries
and any wider
benefits to society as a
whole.

You ma choose to include choose to include further statements where relevant about
The original target was to exceed grants
Achievements against Para 1.41 made last year. This was achieved.
objectives set
As above
Performance offundraising
activities against objectives Para 1.41
set
N/A
Investment
performance		 Para 1.41
against objectives
NlA
Other

Financial
Review		 Financial
Review
Review ofthe charity's
financial
position at the end		 Para 1.21 Cash at bank f11,67330April 2023
available to make donations
ofthe
eriod
Statement
explaining
the
policy for holding
reserves		 Para 1.22 Reserves held
in anticipation
and to make donations.		 offuture costs
statin
wh
the
are held
Amount ofrests
held		 Para 1.22 f11,673
Reasons for holding zero Para 1.22 N/A
reserves
Details offund materially in Para 1.24 NIA
deficit
Explanation
ofany		 Para 1.23 NIA
uncertainties
about the
charity continuing
as a going
concern
concern
Additional information (optional)
You ma
choose to include further statements		 where relevant about
Donationsimonies raised from equine and
social events
The charity's
principal
sources of funds {including Para 1.47
any fundraising)
NIA
Investment
objectives		 policy and
including
any		 Para 1.46
social investment
policy
adopted
NIA
A description
ofthe principal		 Para 1.46
risks facing the charity
Other

Description
ofcharity's		 CIO
trusts:
Type ofgoverning
document
Itrust deed, royal charter)		 Para ".25 Constitution
Organisation		 ofa Charitable
Incorporated
whose only voting members
How is the charity Para 1.25 are its charit
GIO		 trustees
constituted'7
j&.g Unlncorpol
ateQ
association. CiG)
Trustee selection methods
including
details ofany
constitutional
provisions e.g.
election to post or name of		 Para 1.25 There must be at least 3trustees. Trustees
are elected by existing trustees.
any person or body entitled
to appoint one or more
trustees
Additional
information
(optional)
You ma
choose to include further statements		 where relevant about:
bl/A
Policies and procedures
adopted for the induction Para 1.51
and training
oftrustees
The charity's
organisational
structure
and any wider		 Para 1.51
network
with which the
charity works
N/A
Relationship
with any		 Para 1.51
related parties
Other

Charit
name		 South-East Rural Charitable Rural Charitable Trust
Other name the cha
uses
Re istered charit number 1193316
Charity's
principal		 address Whiieoaks, Cowbeech, Hailsham BN27 4JB
Funds held as custodian Funds held as custodian trustees on behalf ofothers
Description
ofthe assets		 NONE
held
in this capacity
Name and objects ofthe
charity on whose behalf the
assets are held and how this
falls within the custodian
charity's objects
Details ofarrangements for
safe custody and
segregation
ofsuch assets
from the charity's
own
assets

Names and ad dresses of advisers
(		 Optional
information)
Type of Name Address
adviser
Accountants Caroline Milwidsky Garden House, Bayham Abbey, Lamberhurst TN3 8BG
Name ofchief executive or names ofsenior staff members (Optional information)