## ## ## ## |||||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
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(optional)
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(optional)
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(optional)
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(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)
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(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|nce|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 /| ##