OpenCharities

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2025-03-31-accounts

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rOR ENcLAND ANO WAIES
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rOR ENcLAND ANO WAIES
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CHERTSEY COMBINED CHARITY CHERTSEY COMBINED CHARITY
Recei and nts accounts CC16a
Fortheperiod
from
a1tQ4!2024 To 31t03t2925
Unrestricted
funds
Restricted
funds
Endowment
- ;;";;
Totalfunds Last year
to thenearestI to the nearestf to the nearestg to the nearestg to the nearest€
A1Recei
lnvestment inccme 69,589 69.589 70,851
Sundry receipt 360 360
AR) 69,94S 6S,949 70,851
AZAsset and inYestment sales,
(seetable).
Totalreceipts 69,949 I os,saeI 70,E51
Funds and Grants 8,620 8,620 8,640
Assistance to Organisations 35,450 35,450 27,799
Assistance to lndividuals 1,569 1,569 2,595
Administrative expenses 5,636 5,636 5,588
Legal &professionalcharges 300 300 300
Suhtotal 5'1,575 51,575 44,922
A4Asset andinvestment
nrrrchasee{seefahlol
Subtotal
Totalpayments 51,575 51,575 44,922
Netofreceipts/(payrnents) 18,374 18,374 25,929
A5Transfersbetween funds
46Cash fundslast year end 124,M3 120,443 94,514
Cashfundsthis year end 138,8't7 1 38,817 120,443
SectionBStatement ofassets andliabilitiesat the endoft he period
Unrestricted Restricted Endowment
funds
to neaf€st €
funds
tonearest €
funds
tonearestt
81Cashfunds Current and Business Premium Accounts 138,817
Total cashfunds 138,817
(agree balances with receipts and payments
as:ount(s))
Unrestricted Restricted Endowment
funds funds funds
*etails to nearestf ton€arestE tonear€st €
82Other monetary assets
Setails Fund towhich Cost (optional) Current value
83lnvestment assets High Yield B0ndFund Unrestricted 74,745 73,256
Active Income & Growth Fund Endowment 1,834,757 2,211,842
nsra;l$ Fund towhich Cost (optiona,) Current value
84 Assetsretainedforthe
charity's ownuse
Fund towhich Amountdue When due
Heteils
85 Liabilities Pledges Unrestricted
Signedby oneortwotrusteeson
behalfofallthe trustees
Signature Print Name Dateof
.sr.
Cr-,e,p.x*

ObjectivesandActiviti es
S0RPreference
Summary ofthepurposesof Para1-17 Relieving,either generally or individually,
thecharity assetout inits personsresidentintheareaofbenefit whoare
governing document inconditionsofneed, hardshipordistress.
Furtheringsuchothercharitablepurposes
withintheareaofbenefitasthe trusteesmay,
intheirdiscretion,decide. The'areaof benefit'
istheareaofelectoraldivisionsofthe district
ofRunnymedeknownasChertsey,Addlestone
andNewHaw.
Summaryofthemain
activities in relation to those
Para1.17and
1.19
Granting of charitable paymentsinorderto
provideassistancetoindividualsand
purposes forthepublic organisationswithin thedefinedareaof
benefit, in particular,the
activities, projectsor
servicesidentifiedinthe
accounts.
benefit.TheTrustees havehadfullregardto
theguidance issuedbytheCharities
Commissionon public benefit, when granting
theirapprovalof thesecharitablepayments.
Statement confirming Para1.18 The Trustees havehadfullregardto the
whether thetrusteeshave guidanceissuedbytheCharity Commissionon
had regard to the guidance public benefit.
issuedbytheCharity
Cornmission onpublic
benefit

SORPreference
Expenditureoff51,575(812a:L44,9221 was
f.18,374lessthan {t25,929less than}lncomeof
€59,949 (f70,851)-an overall,negativecash
Summaryofthemain
achievementsofthecharity,
Para1.20 variance against202?124off7,555(negative
f.Tt,224.
identifying the differencethe
charity'sworkhas made to Thenet increase maybesummarisedasfollows:
thecircumstances ofits
beneficiaries and anywider a The year-end permanentendowment
benefitstosociety asa investment valuationtotalof€2,2!1,8A2
whole. (12,200,573)excludingtheHighYield
lncomeBondoff73,257{f7O,L93l
increasedfromthepreviousyearby
fLL,229,reflectingthe continuingpost-
Covidresurgencein themarkets,
subduedbyuncertaintyintheglobal
economy.
Itwaspleasingtoseefurthercapital
growth intheHigh YietdlncomeBond
towardsitsoriginalinvestmentvalue,
thoughtotalinvestmentincome,
includingthatBond,otherinterest-
earning cashfunds,andaone-off
repaymentbyKing'sChurch,fell
marginallytof69,949(f70,851)whilst
stillexceedingcomparablebenchmarks.
lncomedecreaseoverpreviousyear:
f902.
a Financial Assistance:
Atotaloff35,450(f27,7991was
donatedtoorganisations,primarilydue
tothepayrnent ofthepreviousyear-end
pledgetoLyneVillage Hall(€10,000),
Runnymede& SpelthorneCAB(f,2,000)
andtheFood4lunchscheme operated
bytheRunnymede Foodbank(f22,500).
Minorexpendituredecreasedto f1,569
(€2,595).
Expenditure increaseoverprevious
year:f5,625.
At theendof theyear,themaximum
totalofoutstandingpledgesfellwithin
theCharity'sReservesPolicyatf.24,OOA
(f 20,000):
of10,000-Hefferland:
Specialisedwheelchair
o f 9,000
-LyneVillage
Pavilion:Landscaping/Disabled
Access
f 5,000
-
Chertsey
Bowls Club:RepairofSurround
o Christmas Grants andthe topping-upof
DiscretionaryFundsdecreasedto
f8,620(f8,640).
Expendituredecreaseoverprevious
year:EZO.
a Administrativecostsandprofessional
feesincreasedmarginallytof 5,936
(fs,888).
Expenditure increaseoverprevious
year:f48.
The Charity's financialpositionremains healthy
and is anticipatedtodosofortheforeseeable
future.
Achievernents against
objectivesset Para1.41
Performanceoffundraising
activitiesagainst objectives
set ?ara1.41
Investment performance
against objectives Para1.41
Other

Review ofthecharity's Para1.21 SeeAchievements&Performance section
financialposition at the end
oftheperiod
Statement explainingthe Para1.22 TheCharity's historiclegacywillbe preserved
policyforholding reserves bysettingasideanamount nolessthanthe
stating whythey areheld totalof outstandingpledgesatany onetime.
Amountof reserves held Para1.22 Seeaccounts
Reasonsforholding zero Para1.22 n/a
reserves
Details offundmateriallyin Para1.24 None
deficit
Explanation of any Para1.23 None
uncertainties about the
charity continuing asagoing
GOnCern

Description ofcharity's
trusts:
Type of governing document Para1.25 Schemeof1'tOctoberL987
How isthecharity Para1,25 Trust
constituted?
Trusteeselectionmethods Para1.25 AppointedbyRepresentativeBodies
including detailsofany
constitutionalprovisions e.g
electiontopostornameof
any person or body entitled
toappoint one or more
trustees

Policies and procedures
adopted fortheinduction ?ara1.5'l
andtrainingoftrustees
Thecharity'sorganisational
structure and anywider Para1.51
network with whichthe
charityworks
Relationshipwithany related Para1.51
parties
Other
Funds held ascustodi an tru
Descriptionoftheassets None
heldinthiscapacity
Name and objectsofthe None
charity onwhosebehalf the
assetsareheldandhowthis
fallswithinthe custodian
charity'sobjects
Detailsofarrangementsfor None
safe custody and
segregationofsuch assets
fromthecharity's own
assets

$igned on behalfofthe charity'struste es
Signature{s}
Position Fullname{s}
(eg Secretary,
Chair,etc)
i)
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CuN",L
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Date t3}( 2aZs