2022-03-31-accounts - Chertsey Combined Charity

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Section A Receipts and payments . Unrestricted Restricted Endowment Last funds funds funds Total funds ast year a <coinra to the nearest £ to the nearest £ to the nearest £ to the nearest £ Ai Receipts A a | nneeecSeee iAseee e ees os ae nneeeee eee elltw nneeeeee eee eee eee kw re eee eee eee nneeeeee eee Eee ee Sub ee EE Ee total (Gross income for soe AR) A2 Asset and investment sales, (see table). et Sc ee! Sub total| Total receipts 56,982 es | | 56,982 | 55,237 A3 Payments FundsandGents —S=Ss=si=<‘“;‘;‘idrC~~‘“‘i OMT CMCC toOrganisations Assistance ddrr [Assistance[Administrativeexpensestolndividuals || NG |22ae|{-|{.-'|i{__——aaaa| PP 8,914 [—i69 | charges|-300j[ «itt SCSC™~C—CS ‘dC [LegalBET & professional | IB | TTB0] | [C805,390 htPea ne: nnEe en td TCC‘=3<€—l==— llkllllCLL lll KC LTT Ln nae: = Sub[total|] | 5820) [| bd =3GC6hlllll [35.095| Aé4 Asset and investment purchases, (see table) nn eee eee Sub total| Net of receipts/(payments) | - Ce Se eee 18,838] |[20,142}] ASTransfersbetweenfunds [J |[CT TE] AG Cash funds last year end a |ee Cash funds this yearend|_ 51.361] [LL 88 70,199

CCXX R1 accounts (SS)

27/04/2022

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Section B Statement of assets and liabilities at the end of the period
Unrestricted Restricted Endowment
‘ funds funds funds
to nearest £ to nearest £ to nearest £
Total cash funds [sei][ - |L_
(agree balances with receipts and payments
account(s))
Unrestricted Restricted Endowment
funds funds funds
Details to nearest £ to nearest £ to nearest £
a —
Fund to which . Current value
Detail asset belongs Sab inpeata) optional
serait Fund to which Cost (optional) Current value
asset belongs PI optional
Fund to which Amount due When due
Uetails3 liability relates optional optional
a =
Signed by one or two two trustees on ‘ : Date of
behaif of all the trustees of all the trustees all the trustees the trustees trustees Signature Print Name approval
% a Aye
Dosis Come || [|]
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a

Signed by one or two two trustees on behaif of all the trustees of all the trustees all the trustees the trustees trustees

CCXX R2 accounts (SS)

27/04/2022

|Desa
|,|f|Trustees'|Trustees'|Annual Report|Annual Report|forthe period| |---|---|---|---|---|---|---| |OMMISSION
A
me
:
:
aes|oF
é|From|Period
Day
01|start date
Month
Year
04
2021|To|Period end date
Day
Month
Year
31
03
2022| |SectionA|||Referenceand||administrationdetails||

Charity name| CHERTSEY COMBINED CHARITY

TAR

1 March 2012

Names and addresses of advisers (Optional information)

Type of adviser	Name	Address
Investment Advisors	Rathbone Investment	Finsbury Circus, London
	Management
	Barclays Bank plc	Walton-on-Thames
IndependentExaminer		ARodriguesFCA

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document Scheme of 1* st October 1987 ‘Trudtes ‘selactan mettiods Appointed by Representative Bodies

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

e policies and procedures adopted for the induction and training of trustees;
e the charity's organisational structure and any wider network with which the charity works;
e relationship with any related parties;
e trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

	Relieving, either generally or individually, persons resident in the	area of
	benefitwho are in conditions ofneed, hardship or distress.
Summary ofthe objects ofthe charitysetout in its governingdocument	. . gui . Furthering such other charitable purposeswithin thearea ofbenefitas thetrusteesmay, in theirdiscretion, decide. The ‘area ofbenefit’ isthe area of electoral divisions ofthe district ofRunnymede known as
	Chertsey,AddlestoneandNewHaw.

TAR

March 2012

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Summary of the main Granting of charitable payments in order to provide assistance to
activities undertaken for the individuals and organisations within the defined area of benefit. The
public benefit in relation to Trustees have had full regard to the guidance issued by the Charities
these objects (include within Commission on public benefit, when granting their approval of these
this section the statutory charitable payments.
declaration that trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit)
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Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

e policy on grantmaking;
e policy programme related investment;
e contribution made by volunteers.

TAR

March 2012

Section D

Achievements and performance

Summary ofthe main Expenditure of £75,820 (20/21: £35,095) was £18,838 more than (£20,142 less epirianle oon of the charity than) Income of £56,982 (£55,237) — an overall, negative cash variance against ring Uae year 2020/21 of £39.980 (positive £4,949).

The net decrease may be summarised as follows: e The year-end permanent endowment investment valuation total of £2,245,764 (£2,170,008) excluding the new High Income Bond of £70,442 (COIF of £75,000) increased from the previous year by £75,756, reflecting a sound performance in a difficult market where the effects of the easing of the global Coronavirus pandemic were offset by global inflationary pressures and recent events in Ukraine. As a result, total investment income, including High Income Bond/COIF and interest-earning cash funds, rose to £56,982 (£55,237). income increase over previous year: £1,745.
e Financial Assistance: A total of £53,914 (£7,779) was donated to organisations, of which £15,000 was in respect of a pledge (Addlestone Canoe Club) carried over from 2020/21. Of the remainder, one major gift of £30,000 (Stepgates School changing rooms) together with three others, were in excess of £1,000. No major grant (£2,450) was given to any individual, where overall minor expenditure fell to £2,248 (£5,669). Expenditure increase over previous year: (£42,714). At the end of the year, outstanding pledges totaled a maximum £20,000 (£40,700): o £20,000 - hydrotherapy Pool for White Lodge Centre
e Christmas Grants and the topping-up of Discretionary Funds showed a slight decrease to £13,940 (£15,957), Expenditure decrease over previous year: £2,017.
e Administrative costs and professional fees increased marginally. Expenditure increase over previous year: (£28).
The Charity’s financial position remains healthy and is anticipated to do so for the foreseeable future. Despite a volatile and unpredictable investment market, investment income is forecast to increase further to some £61,208 — an acceptable return of 2.6%, and well in advance of the Charity’s ongoing objectives and commitments. The Trustees remain aware of the volatility in worldwide markets, and will continue to monitor the performance and structure of the portfolio on a regular basis and apply its funds accordingly, taking note of the Charity’s Reserves Policy and the potential need to reduce funding to major projects in the shorter-term. School, Clergy and Organisational Discretionary Funds continue to enable minor assistance to be distributed locally, efficiently, and speedily.

The Trustee Liaison Scheme continues to work effectively, and Trustees have adhered to their self-imposed standards which continue to produce an efficient case turnaround period. However, Liaison Trustees have been reminded to maintain their close links with their organisations to prevent staff changes causing the availability of such funds from being forgotten.

TAR

March 2012

Section E

Financial review

Brief statement of the The Charity’s historic legacy will be preserved by setting aside an charity’s policy on reserves amount no less than the total of outstanding pledges at any one time.

Details of any funds materially

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

e the charity’s principal sources of funds (including any fundraising);
e how expenditure has supported the key objectives of the charity;
e investment policy and objectives including any ethical investment policy adopted.

Section F

Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

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Full POLS IE acs RKE
name(s)| \aj.4+p Pere \ estar
Position (eg Secretary, Chair, yom
etc) CuAR
Date ><
7 May 2Qo 22
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TAR

March 2012

* CHARITYFOR COMMISSION| _ Independent examiner's: ENGLAND AND WALES report on the accounts

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SectionA
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Independent Examiner’s Report

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Report to the trustees/ | "vy Name
members of |CHERTSEY COMBINED CHARITY
On accounts for the year | 318™ MARCH 2022 Charity no | 200186
ended (if any)
(remember to Include the page numbers of additional sheets)
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| report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2022.

Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

| report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, | have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent | have completed my examination. | confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

accounting records were not kept in accordance with section 130 of the Act or
e the accounts do not accord with the accounting records

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

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; JA _ ! = >
Signed \ dea — J,BT)g Cate: [F-Q5- D0.
Name: | ADRIAN RODRIGUES (FQRH.G FIELB’& CO)
| FCA FCA
or body
(if any):
Address: | 2 STATION ROAD, CHERTSEY, SURREY
KT16 8BE
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Relevant professional | FCA FCA qualification(s) or body

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

IER

October 2018