| Page No, | |
|---|---|
| Charity Information | 1 |
| Trustees' Report | 2-12 |
| Independent Examiner's Report | 13 |
| Statement of Financial Activities | 14 |
| Balance Sheet | 15 |
| Notes to the Financial Statements | 16-28 |
| Trustees | Venerable Richard Ormston |
|---|---|
| Amanda de Choisy | |
| Greg Cracknell | |
| Christine Eccles | |
| Rev Beverley Hollins | |
| Rev Katrina Hutchins | |
| Lynda Johnson | |
| Wayne Jones | |
| Susan Lamb | |
| RevJames Saunders | |
| Rev Douglas Spenceley | |
| Hilary Spenceley | |
| Ruth Walker-Green | |
| Ronald Whittaker | |
| Fiona Yardley | |
| Diocesan DirectorofEducation | Peter Cantley |
| Charity registration number | 1204953 |
| Registered office | Diocese of Peterborough |
| Education Unit | |
| Unit 1 Bouverie Court | |
| The Lakes | |
| Northampton | |
| NN4 7YD | |
| Solicitors | Stone King |
| Boundary House | |
| 91 Charterhouse Street | |
| London | |
| EC1M 6HR | |
| Independent examiner | Kerry HilliardACA FCCACTA |
| Price BaileyLLP | |
| 36 Tyndall Court | |
| Commerce Road | |
| Lynchwood | |
| Peterborough PE2 6LR |
| Venerable Richard Ormston | Chair |
|---|---|
| Amanda de Choisy | |
| Greg Cracknell Christine Eccles |
|
| Rev Beverley Hollins | |
| Rev Katrina Hutchins | |
| Lynda Johnson | |
| Wayne Jones | |
| Susan Lamb | |
| RevJames Saunders | |
| Rev Douglas Spenceley | |
| Hilary Spenceley | |
| Ruth Walker-Green | |
| Ronald Whittaker | |
| Fiona Yardley |
| Requires | Requires | Requires | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Outstanding | Good | improvement | Inadequate | ||||||||||
| Year | 24 | 23 | 22 | 24 | 23 | 22 | 24 | 23 | 22 | 24 | 23 | 22 | |
| % | % | % | % | % | % | % | % | % | % | % | % | ||
| Diocese | Primary | 5 | 7 | 12.7 | 90 | 87 | 81.4 | 5 | 6 | 5.9 | 0 | 0 | 0 |
| National | Primary | 11 | 14 | 16 | 81 | 76 | 72 | 7 | 8 | 9 | 1 | 2 | 3 |
| Diocese | Secondary | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 0 | 0 | 0 |
| National | Secondary | 15 | 15 | 20 | 70 | 66 | 56 | 13 | 13 | 15 | 3 | 5 | 7 |
| Diocese | Primary and Secondary | 5.8 | 7.8 | 12.7/88.3 | 854 | 81.4 | 5.8 | 6.8 | 5.9 | 0 | 0 | 0 | |
| National | Primary and Secondary | 14 | 16 | 17 | 77 | 73 | 71 | 8 | 9 | 8 | 2 | 3 | 3 |
| West | Northamptonshire | Tiffield | £118,000 | Wall/Windows | ||
|---|---|---|---|---|---|---|
| West | Northamptonshire | Newbottle | and | Charlton | £62,000 | Asbestos |
| North | Northamptonshire | Stanion | £148,000 | Roof |
| Unrestricted | Restricted | Endowment | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2024 | 2023 | |||||
| Note | £ | £ | £ | £ | £ | ||||
| Income: | |||||||||
| Income from charitable activities | 2 | 163,978 | 163,978 | 132,025 | |||||
| Income from other activities | 3 | 168,313 | 68,000 | 236,313 | 170,168 | ||||
| Investment income | 4 | 65,018 | 21,418 | 86,436 | 68,105 | ||||
| Total income | 397,309 | 68,000 | 21,418 | 486,727 | 370,298 | ||||
| Expenditure: | |||||||||
| Charitable activities | 6 | 376,178 | 37,048 | 28,464 | 441,690 | 391,660 | |||
| Total expenditure | 376,178 | 37,048 | 28,464 | 441,690 | 391,660 | ||||
| Net income for the |
year | before | |||||||
| investmentgains | 21,131 | 30,952 | (7,046) | 45,037 | (21,362) | ||||
| Net gains on investments | 11 | 24,528 | 24,528 | 166,620 | |||||
| Transfer between funds | (21,131) | 21,131 | |||||||
| Net movement in funds forthe | year | 30,952 | 38,613 | 69,565 | 145,258 | ||||
| Fund balances transferred |
from | ||||||||
| Peterborough Diocesan |
Board | of | |||||||
| Finance | 2,255,946 | ||||||||
| Fund balances broughtforward | 335,004 | 2,066,200 | 2,401,204 | ||||||
| Fund balances carried forward | 365,956 | 2,104,813 | 2,470,769 | 2,401,204 |
| BALANCESHEET ASAT 31 DECEMBER 2024 |
|||||
|---|---|---|---|---|---|
| 2024 | 2023 | ||||
| Note | £ | £ | £ | £ | |
| Fixed assets | |||||
| Investments | 11 | 1,821,407 | 1,796,879 | ||
| 1,821,407 | 1,796,879 | ||||
| Currentassets | |||||
| Debtors | 12 | 37,290 | 47,288 | ||
| Cash at bank and in hand | 857,969 | 637,712 | |||
| 895,259 | 685,000 | ||||
| Creditors: amounts falling due | |||||
| within oneyear | 13 | (245,897) | (80,675) | ||
| Netcurrent assets | 649,362 | 604,325 | |||
| Netassets | 2,470,769 | 2,401,204 | |||
| Funds ofthe charity | |||||
| Unrestricted funds | 14 | ||||
| Restricted funds | 14 | 365,956 | 335,004 | ||
| Endowment funds | 14 | 2,104,813 | 2,066,200 | ||
| Total charity funds | 15 | 2,470,769 | 2,401,204 |
| 2 | Income from charitable activities | ||
|---|---|---|---|
| Total | Total | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Appeal income SLA income (including courses and conferences) |
34,550 129,428 |
29,270 102,755 |
|
| 163,978 | 132,025 | ||
| 3 | Income from otheractivities | ||
| Total | Total | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Grant income from PDBF Capital managementfee Sundry income |
235,312 471 530 |
163,231 6,764 173 |
|
| 236,313 | 170,168 | ||
| 4 | Investment income | ||
| Total | Total | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Rents received Dividends received Interest received |
21,418 31,308 33,710 |
20,176 30,281 17,648 |
|
| 86,436 | 68,105 |
| Charitable expenditure | ||
|---|---|---|
| Total | Total | |
| 2024 | 2023 | |
| £ | £ | |
| Salaries | 244,583 | 246,696 |
| Travel | 9,374 | 8,674 |
| Meeting costs Hospitality costs Staffdevelopment |
2,591 1,150 1,176 |
1,445 628 490 |
| Consultant costs | 52,376 | 29,149 |
| Appeal costs | 22,510 | 19,815 |
| Other s554 costs | 28,464 | 41,431 |
| Conference costs | 41,124 | 22,700 |
| Stationery and postage Telephone Books |
465 110 87 |
844 190 93 |
| Photocopier costs | 910 | 385 |
| Legal and professional | 19,231 | 4,077 |
| SIAMS costs | 5,500 | 5,500 |
| Sundry | 5,993 | 1,320 |
| Subscriptions Bank charges |
2,255 95 |
1,952 |
| Governance costs (note 7) | 3,696 | 6,271 |
| 441,690 | 391,660 | |
| Governance costs | ||
| Total | Total | |
| 2024 | 2023 | |
| £ | £ | |
| Legal fees relating to charity setup | 2,700 | |
| Trustee indemnity insurance | 2,048 | 2,017 |
| Independent examination | 1,650 | 1,554 |
| 3,696 | 6,271 |
| 8 | Net income fortheyear | ||
|---|---|---|---|
| This is stated after charging: | |||
| 2024 | 2023 | ||
| £ | £ | ||
| Independent examiner's fee | 1,650 | 1,554 |
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Salaries and wages Social security costs |
210,467 16,690 |
206,155 20,753 |
| Pension costs | 17,426 | 19,789 |
| 244,583 | 246,697 |
| 2024 | 2023 | |
|---|---|---|
| £70,000 -£79,999 | 1 | 1 |
| £60,000 -£69,999 | 1 | |
| The average staffnumbers during the yearare as follows: | ||
| 2024 | 2023 | |
| Average monthly head count during the year | 7 | 7 |
| Average number of full-time equivalent employees during the year | 4 | 4 |
| Fixed assets investments | |||
|---|---|---|---|
| Investment | Unlisted | ||
| properties | investments | Total | |
| £ | £ | £ | |
| Market value at 1 January2024 | 725,250 | 1,071,629 | 1,796,879 |
| Revaluation in year | 24,528 | 24,528 | |
| Market value at 31 December2024 | 725,250 | 1,096,157 | 1,821,407 |
| Historical cost | 630,301 | 750,000 | 1,380,301 |
| Debtors | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Trade debtors | 11,525 | 18,485 |
| Other debtors | 10,865 | 23,557 |
| Prepayments | 14,900 | 5,246 |
| 37,290 | 47,288 | |
| Creditors: amounts falling due within one year | ||
| 2024 | 2023 | |
| £ | £ | |
| Trade creditors | 167,095 | |
| Other creditors | 3,652 | 13,155 |
| Accruals and deferred income | 66,747 | 67,520 |
| Taxation | 8,403 | |
| 245,897 | 80,675 |
| 14 | Movement in funds | ||||
|---|---|---|---|---|---|
| Net | Transfer | ||||
| movement | between | ||||
| At1.1.24 | in funds | funds | At 31.12.24 | ||
| £ | £ | £ | £ | ||
| Unrestricted fund | |||||
| General fund | 21,131 | (21,131) | |||
| Restricted funds | |||||
| Section 554 capital | 335,004 | 335,004 | |||
| Religious Education Adviser funding | 27,212 | 27,212 | |||
| Diocesan Schools Consultant funding | 3,740 | 3,740 | |||
| Expendable Endowmentfund | |||||
| Section 554 fund | 2,066,200 | 17.482 | 21,131 | 2,104,813 | |
| Total Funds | 2,401,204 | 69,565 | 2,470,769 | ||
| Net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Gains and | Movement | ||
| resources | expended | losses | in funds | ||
| £ | £ | £ | £ | ||
| Unrestricted fund | |||||
| General fund | 397,309 | (376,178) | 21,131 | ||
| Restricted fund | |||||
| Religious Education Adviser funding | 40,000 | (12,788) | 27,212 | ||
| Diocesan Schools Consultant funding | 28,000 | (24,260) | 3,740 | ||
| Expendable Endowmentfund | |||||
| Section 554 fund | 21,418 | (28,464) | 24,528 | 17,482 | |
| Total Funds | 486,727 | (441,690) | 24,528 | 69,565 |
| 15 | Analysis ofcharitable funds | Unrestricted | Restricted | Endowment | |
|---|---|---|---|---|---|
| funds | funds | funds | Total | ||
| £ | £ | £ | £ | ||
| Fund balances at 31 December 2024 are | |||||
| represented by: | |||||
| Investments | 1,821,407 | 1,821,407 | |||
| Current assets | 245,897 | 912,025 | 283,406 | 895,259 | |
| Current liabilities | (245,897) | (245,897) | |||
| Netassets | 912,025 | 2,104,813 | 2,470,769 |
| 20 PrioryearStatementof Financial Activities |
20 PrioryearStatementof Financial Activities |
20 PrioryearStatementof Financial Activities |
(SoFA) | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | |||
| Funds | Funds | Funds | 2023 | |||
| £ | £ | £ | £ | |||
| Income: | ||||||
| Income from charitable activities | 132,025 | 132,025 | ||||
| Income from other activities | 170,168 | 170,168 | ||||
| Investment income | 68,105 | 68,105 | ||||
| Total income | 370,298 | 370,298 | ||||
| Expenditure: | ||||||
| Charitable activities | 391,660 | 391,660 | ||||
| Total expenditure | 391,660 | 391,660 | ||||
| Net income fortheyear before investment | gains | (21,362) | (21,362) | |||
| Net gains on investments | 166,620 | 166,620 | ||||
| Transfer between funds | 21,362 | (21,362) | ||||
| Net movement in funds forthe year | 145,258 | 145,258 | ||||
| Fund balances transferred |
from | |||||
| Peterborough Diocesan Board of Finance | 335,004 | 1,920,942 | 2,255,946 | |||
| Fund balances carried forward | 335,004 | 2,066,200 | 2,401,204 |