2020-12-31-accounts - Kitchings General Charity

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			SORP reference
Summary the charity governing	ofthe purposes as set out in its document	of		KGC 3main purposes as set out in the governing Scheme: ~ Provision ofa pension to the 'poor widows of Southrey*,
				~ Advancement ofEducation and
				~ Relief in Need ofthe oorSneed
Summary ofthe main activities in relation to those			Para 1.17and 1.19	The main activities undertaken for the public benefit relative tothese
purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.				objectives are: ~ The continued provision to the eligible widows ofSouthrey; with the Trustees taking into account the public benefit requirement and the guidance given in the governing
				Scheme,
				~ The provision of grants to local schools, groups and local students. All grant making decisions are made
				by discussing the information given by applicants and considering how this 'fits in' with the public benefit
				guidance and the guidance given in
				the governing Scheme.
				~ The provision ofgrants to individuals who meet the criteria as shown in the
				governing Scheme for 'Relief in Need' and using the guidance relating to
				public benefit. This isto make sure
				that the support provided to any
				individual is ofbenefit to that
				articular individuals need.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit			Para 1.18	KGC Trustees are aware ofthe Charity Commission guidance on public benefit; having been given details about the relevant website or a paper copy. All discussions/decisions made by the Trustees are made taking the public benefit guidance into account; be this a
				grant making decision or a KGC
				management decision which in turn could affect the runnin ofthe Chari

Additional You ma	information (optional) choose to include further statements	information (optional) choose to include further statements	information (optional) choose to include further statements	information (optional) choose to include further statements	where relevant about:
				SORP reference
					The KGC grant making policies are as
Policy on	grant making			Para 1.38	shown in the governing Scheme, which states that: All grant applications to be made in writing and can only be considered if
					all relevant criteria are met.
					Trustees have also agreed that:
					All grant applications must be treated in the strictest confidence and within
					the GDPR. There is a Privacy
					Statement available for all applicants.
					All grants awarded must meet the
					guidance criteria in the governing Scheme and take into account the
					ublic benefit re uirement.
					KGC does not have a policy on social
Policy on including investment	social investment program related			Para 1.38	investment including program related investment. However various policies are in the process of being developed but due to Covid restrictions the Trustees have not
					been in a position to finalise any
					documentation.
					All KGC Trustees are classed as
Contribution volunteers		made	by	Para 1.38	volunteers; they receive no remuneration for their services to this Charity. There is no other aspect relating to this Charity in which volunteers would be
					involved.
Other

		KGC achievements and performance
Summary ofthe main achievements ofthe charity,	Para 1.20	vary year to year, depending on the financial situation and the type of/number ofgrant applications received in that particular year.
identifying the difference the charity's work has made to the circumstances of its		Summary ofthe main achievements and performance for 2020:
beneficiaries and any wider benefits to society as a whole.		Payment ofa 'pension' was made to eligible widows living in Southrey. Provision ofgrants to local schools to
		support with the cost of swimming
		lessons for pupils —giving all pupils
		(without discrimination) the
		opportunity to benefit from learning
		this vital skill.
		Financial support, as shown in the
		governing Scheme, tothe Kitchings Educational Charity, which provides
		local college and university students
		with an annual grant.
		Grant payment made to a local
		student, who is serving an
		apprenticeship, to help with the
		purchase of toolslequipment. So,supporting further education
		purposes and giving young people the opportunity to achieve their
		aims/ambitions.
		Provision ofa grant to a local club;
		which, because of the Covid situation,
		was close to closure due to members
		not being able to meet. This grant now means that it's members will be
		able to meet again when restrictions
		are lifted. Benefiting the community
		as a whole and for future generations.
		Grant made to a local family, referred
		by another agency, as needing some financial support to improve their
		living conditions. The family were
		extremely grateful for this support. So, meeting the purpose of Relief in
		Need.

Additional You ma	information (optional) choose to include further statements	information (optional) choose to include further statements	where relevant about The KGC achievements against set
Achievements objectives set	against	Para 1.41	objectives always relate tothe aims as stated in the governing Scheme. For 2020 this can be shown by the: Provision ofa widows' pension
			throughout the year, achieve the
			widows pension provision,
			Provision ofgrants to Kitchings Educational Charity, local schools
			and a local student support and
			achieve the educational aim and

		Provision ofgrants to a local family
		and group achieved the aim ofRelief
		in Need.
		KGC does not carry out any kind of
Performance of fundraising activities against objectives	Para 1.41	fundraising.
set
		KGC investments, to date, have
		provided adequate funds to enable the
Investment performance against objectives	Para 1.41	Trustees to provide the finances/funding to cover all objectives as stated in the governing Scheme.
Other

Financial Review	Financial Review
Review ofthe charity's financial position at the end ofthe period		Para	1 21	The financial position at the end of2020 still remained strong; with the view that the effect ofthe Covid pandemic will probably show in the 2021 accounts. There has been no change to income
				other than a slight decrease in
				investment dividends.
Statement explaining the policy for holding reserves stating why they are held		Para	1.22	Trustees have discussed holding reserves and policy for same but, after taking financial advice, felt that it is not needed at the moment.
				It will be considered by the Trustees for
				this to be mentioned in the planned
				Investment Polic .
Amount of reserves held Reasons for holding zero reserves		Para Para	1.22 1.22	No reserves held The reason for holding zero reserves is that, whether held in a bank account or held as investments, the Trustees have
				access to Charity funds as/when
				needed/required. KGC is not a Charity that would need to
				deal with dail emer enc situations.
Details offund materially deficit Explanation ofany uncertainties about the	in	Para Para	1.24 1.23	KGC does not hold any funds that are materiall in deficit. There are no current uncertainties about the Charity continuing as a going
charity continuing as a going				concern.
concern
Additional information (optional) You ma choose to include further statements				where relevant about KGC principal sources offunding are:
				Farm rents and Cottage rent,
The charity's principal sources offunds (including		Para 1.47		Interest from investments and bank interest and
any fundraising)				Wayleave
				KGC owns 2separate farms (1 x67 acres &1x 77acres), an 8-acre piece of
				land and a cottage. Latest valuation showed f221,000
				invested through Black Rock in Charities Equity and Bond Accounts. The Wayleave income is from Western Power, payment for 'poles astays'
				situated on Chari land.
				KGC Trustees are in the process of
Investment policy and objectives including any social investment policy adopted		Para 1XS		developing an investment policy, this has been somewhat delayed due to Covid regulations which has meant meeting restrictions. The Trustees do feel that the governing Scheme acts as a basic policy
				document, which gives guidance relating to funds/funding and also social
				investment.

			Trustees do feel that the current
			Scheme is outdated and are hoping to
			'modernise the Scheme' as soon as
			ossible.
			This remains about the same as in 2019;
			with the full effects of 'Brexit' not yet
A description risks facing	ofthe principal the charity	Para i.46	known within the farming community and the effects ofthe Covid pandemic not known in relation to investments.
			The Trustees will be in a better position
			to quantify 'risks' when these effects
			are more identifiable.
			Since farming and investments are the
Other			main sources ofincome for this Charity then there is the possibility offinancial
			risk.

Structure,	Structure,	Governa	and Manag	ement
Description		ofcharity's
trusts:
Type of governing document			Para 1.25	Charity Commission Scheme. The current Scheme was sealed 11~
				November 1975and regulated by a
				Scheme ofthe Charity Commissioners ofthe1'May 1902.
				There have been some changes made the Scheme; that is with the approval	to of
				the Chari Commission.
How is the constituted?		charity	Para 1.25	KGC Trustee group is constituted of9 competent persons on a voluntary
				basis.
				Ofthe 9Trustees, 1 shall be from
				Bucknall and 1 from Southrey (both
				areas of benefit)
				Elected Trustees to have a good
				knowledge oftheir respective area of
				benefit.
				Due to the nature of the Charity (as a
				farm owner) 3ofthe 9 Trustees to have
				an agricultural background or have some knowled e relatin to a riculture.
Trustee selection methods including details ofany constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees			Para 1.25	Classed as Co-optative Trustees; election ofTrustees is carried out by the existing Trustees. No other person or organisation is involved in electing KGC Trustees. Chairperson and Vice-chairperson are elected atthe first meetin ofthe ear.
Additional You ma	information (optional) choose to include further statements			where relevant about
				Newly elected Trustees are given an 'Introduction Pack' which includes:
Policies and procedures adopted for the induction and training oftrustees			Para 1.51	Copy ofthe KGC Scheme, Copy ofthe latest accounts, Copy of Minutes from the last
				meeting,
				KGC Information leaflet,
				GDPR information,
				Copy of current Privacy Statement,
				CC4 leaflet,
				The Essential Trustee information	and
				Are invited to meet with the Chairman
				and Clerk rior to their first meetin	.
				KGC administrative, organisational and
				management structure is based on the
The charily's organisational structure and any wider network with which the			Para 1.51	guidance given in the governing Scheme. The clerk carries out administrative duties as instructed by
charity works				the Trustees. All management decisions relating to
				this Charity are made by the Trustees, through discussion, at one oftheir
				meetin s.

		There is no other wider network with	There is no other wider network with
		which this Chari works.
		KGC is Committed to supporting
Relationship with any related parties	Para 1.51	Kitchings Educational Charity, as is shown in the governing Scheme. KGC supports KEC by providing an annual income, which is calculated	from
		the annual dis osable income of KGC.
		As the name would suggest, both
Other		Charities are historically linked.

Chari	name			Kitchin s General Chari
Other name the chari			uses
Re istered charit		number		219957
Charity's	principal	address		42 Abbey Road,
				Bardney,
				Lincoln,
				LN3 5XA

mes	ofthe charity tru	stees who manage t	he charity
	Trustee name	Office (ifany)	Dates acted ifnot forwhole ear	Name ofperson (or body) entitled to a oint trustee if an
1	Mr G Pacey	Chairman		Co-opted
2	Mr R Muxlow	Vice-chairman		Co-opted
3	Mr R Armstrong			Co-opted
4	Mrs M Sankey			Co-opted
5	Mrs E Franklin			Co-opted
6	Mr K Hutchinson			Co-opted
7	Mr BPercival			Co-opted
8	Mrs C Lee			Co-opted
9	Mr J Armstrong			Co-opted
10
11
12
13
14
15
16
17
18
19
20

Funds held as custodian	Funds held as custodian	trustees on behalf of others
Description ofthe assets		n/a
held in this capacity
Name and objects ofthe
charity on whose behalf	the
assets are held and how	this
falls within the custodian
charity's objects
Details ofarrangements	for
safe custody and
segregation ofsuch assets
from the charity's own
assets

Additional	information	(optional)
Names and	addresses	ofadvisers	(Optional	information)
Type of	Name		Address
adviser
Farms &	Willsons		16Algitha	Road, Skegness,		Lines, PE25 2AG
Cottage
Investment	Black Rock		PO Box545, Darlington,		DL1 9TQ
Insurance	NFU Mutual		The Old Mill, Roughton		Moor, Woodhall Spa, Lines,
			LN10 6YQ
Banking	HSBC		High Street, Lincoln
Name ofchief executive or names			ofsenior	staff members		(Optional	information)

HSBC
Community	Account Balance B/F	672.22 Z'
Business Money Manager Account Balance B/F		19336.08 /'	20008.30i
Bank Interest			16.76 r
Interest on Investments			5212.31 F
Farm Rents			17323.00 ~
Cottage Rent			6600.00 +
Wayleave			177.2&
			49337.61 ~

E~dht
Widows Pensions		1120.00 s
Grants		12918.00 r
Willsons Agency Fees		1039.40 '
Room Hire		24.00 &
Liability Insurance		715.34 8'
Farm and Farm Buildings Insurance		443.06 ~
Clerks Wages and Expenses		1254.54 &'
Audit		70.00 ~
Educational Charity —I/T" ofNet Income		3447.00 ~
Cottage Maintenance		60.00 ~
BlackRock Reinvestment		5000.00)
HSBC
Community Account Balance C/F	420.28 &
Business Money Manager
Account Balance C/F	22825.99	23246.27/
		49337.61 /