2024-03-31-accounts - Chertsey Combined Charity

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trp CHARITY(OMMISSION I.ORFNCLANDANDV/AI.T5 CHERTSEYCOMBINED CHARITY Recei and	trp CHARITY(OMMISSION I.ORFNCLANDANDV/AI.T5 CHERTSEYCOMBINED CHARITY Recei and	trp CHARITY(OMMISSION I.ORFNCLANDANDV/AI.T5 CHERTSEYCOMBINED CHARITY Recei and	tsaccounts	tsaccounts		CC16a
	Fortheperiod from	01t44t2023	To	31t03t2024
SectionA Receiptsand	ents
	Unrestricted funds	funds	Endowment funds	Total funds		Last year
	to thenearestf	to thenearest€	to the nearestf__r'	to the nearestf		to the nearestE
A1
lnvestment income	70,851				70,851	70,147
AR)	70,851				70,85'l	70,147
AZAsset and investment sales,
(see table).
Totalreceipts	70,851			I	zo,ssrI	70,147
Funds and Grants	8,640				8,640	8,510
AssistancetoOrganisations	27,799				27,799	8,948
Assistancetolndividuals	2,595				2,s95	3,573
Administrative expenses	5,588				5,588	5,663
Legal & professionai charges	300				300	300
Subtotal	44,922				44,922	26,994
A4Asset andinvestment
ntrrehases lcca fahlal
Subtotal
Totalpayments					44,922	26,994
Netofreceipts/(payments)	25,929				25,929	43,153
A,5Transfersbetweenfunds
AGCashfundslast year end	94,514			94,514		51,361
Cashfundsthis yearend	120,443			124,443		94,5't4

		Unrestricted	Restricted	Endowment
	fft;lls	funds to nearest€	funds tonearest€	funds tonearestI
81Cashfunds	Cunent and Busine$s Premium Accounts	120,443
	Total cashfunds	120,M3
	(agree balanceswilh receiplsand payments
	arcount(s))
		Unrestricted	Restricted	Endowment
	0*tails	funds to nearestf	funds tonearest€	funds tonearest e
82Other monetary assets
	iletaits	Fund towhich asset	Cost (optional)	Current value
83lnvestment assets	HighYield BondFund	Unrestricted	74,745	70,193
	Active lncome&Grcwth Fund	Endowment	1,834,757	2,200,573
	Details	Fundtowhich	Cost (optional)	Current value
84Assetsretainedforthe
charity's ownuse
		Fund to lYhich	Amount due	When due
	0etails
85 Liabilities	Pledges	Unrestricted
Signedbyone ortwotrusteeson behalfof allthe trustees	Signature	Print	Name	Dateof
	J-S	,bt:-9,e	C)-iqt(,5	ZI

ObjectivesandActiviti	es
	SORPreference
Summaryofthepurposesof	Para1.17	Relieving,eithergenerallyorindividually,
thecharity assetout inits		personsresidentintheareaofbenefit whoare
governing document		inconditionsofneed, hardshipordistress.
		Furtheringsuchothercharitablepurposes
		withintheareaofbenefitasthe trusteesmay,
		intheirdiscretion,decide. The'areaof benefit'
		istheareaof electoraldivisionsof thedistrict
		ofRunnymedeknownasChertsey,Addlestone
		and NewHaw.
Summaryofthemain activitiesin relation to those	Para1.17 and 1.19	Granting of charitable paymentsinorderto provideassistancetoindividualsand
purposes forthepublic		organisationswithin thedefinedareaof
benefit, in particular, the		benefit.TheTrustees havehadfullregardto
activities,projectsor servicesidentifiedinthe		theguidance issuedbytheCharities Commissionon public benefit, whengranting
accounts.		theirapproval ofthesecharitablepayments.
Statement confirming	Para1.18	TheTrustees havehadfullregardtothe
whether thetrusteeshave		guidance issuedbytheCharity Commission on
had regard totheguidance		public benefit.
issuedbytheCharity
Commissionon public
benefit

Policy on grant making	Para1.38
	Para1.38
Policy onsocialinvestrnent
including program related
investment

chievementsandPer	formance
	SORP reference
		Expenditureof144,922 {22123: f25.9941 was
		f,25,929lessthan(f43,153lessthan) lncomeof
		f70,851(f7},147l,-an overall,negativecash
Summaryofthemain achievementsofthecharity,	Para1.20	varianceagainst2022123off17,224(positive f61,99u.
identifying the differencethe
charity'sworkhas made to		Thenetdecreasemaybesummarisedas
thecircumstancesofits		follows:
beneficiaries and anywider benefitstosociety asa whole.		Theyear-endpermanentendowment investment valuationtotaloff2,200,573
		{f2,073,958)excludingtheHighYieldlncome
		Bondof f10,193(f65,886)increasedfromthe
		previous yearbyf"126,61.5,reflectingthepost-
		Covidresurgenceinthemarketsandthe
		general improvementinthe globaleconomy.
		It waspleasingtoseethecapitalgrowthinthe
		HighYield lncomeBondtowardsitsoriginal
		investmentvalue, thoughtotalinvestment
		income,includingthatBond andotherinterest-
		earningcashfunds, roseonlymarginallyto f7A,851"tf7Al47)whilststillexceeding
		comparablebenchmarks.
		lncomeincreaseover previousyear:f704.
		FinancialAssistance;
		A totalof127,799(f8,948)was donated to
		organisations,primarilyduetothepaymentof
		theprevious year-end pledgestothe
		AddlestoneCanoeClub(f6,500)andTheWhite
		LodgeCentre(f20,000).Minorexpenditure
		decreasedto f2,595(f3,573).
		Expenditure increaseoverpreviousyear:
		f.L7,873.
		At theendoftheyear, outstandingpledges
		totaledamaximumf20,000(f26,500):
		f10,000- Hefferland:Specialisedwheelchair
		f10,000-LyneVillage Pavilion; Newbuilding

Reviewofthecharity's	Para1.21	SeeAchievements &Performance section.
financialpositionattheend
oftheperiod
Statement explaining the	Para1.22	TheCharity's historiclegacywillbepreserved
policyforholding reserves		bysettingasideanamount nolessthanthe
stating whytheyare held		totalof outstandingpledgesatany onetime.
Amount ofreservesheld	Para1.22	Seeaccounts
Reasonsforholding zero	Para1.22	n/a
reserves
Details offundmateriallyin	Para1.24	None
deficit
Explanationofany	Para'1.23	None
uncertainties about the
charitycontinuingas a going
concern

Thecharity'sprincipal
sourcesoffunds(including	Paru1.47
any fundraising)
lnvestmentpolicy and
objectives including any	Para1.46
socialinvestmentpolicy
adopted
Adescription oftheprincipal	Para1.46
risks facingthecharity
Other

	Trusteename	Datesacbdif not for whole year	Nameofperson(orbody) entitled to appoint trustee(ifany)	Nameofperson(orbody) entitled to appoint trustee(ifany)
1	R Fleming		Board
2	MLoveday		Board
3	MBugden		Board
4	WPreston		Board
5	DHowat	41.44.23-15,08.23	Board
6	MBotana	15.08.23-31.03.24	Board
7	D North-Coombes		Board
8	D Clarke		RunnymedeBC
I	SDennett		RunnymedeBC
10	N Rubidge		RunnymedeBC
11	THillier		Church
12	JAlexander		Church
13 14	5f..,.rr*.{t,, 5Cr'irV		CHurch n L \^$lrrt	i F,-. i-idc.f-.'.
15			.J
16
17
18
19
20

Structure,Governance	and Man	agement
Description of charity's
trusts:
Typeof governing document	Para1.25	Schemeofl'tOctoberL987
Howisthecharity	Para1.25	Trust
constituted?
{.9unin+rporxted sseiati*n,CI(})
Trusteeselectionmethods	Para1.25	AppointedbyRepresentativeBodies
including detailsofany
constitutionalprovisionse.g.
electiontopostornameof
any person or body entitled
toappoint one or more
trustees