##
||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|