2022-12-31-accounts - Kitchings General Charity

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b ectives and A	es
	SORP rafararrca
Summary ofthe purposes of the charity as set out in its governing document		The purposes ofthe charity asset out in its governing document are: 1. Provision ofa pension tothe 'poor widows ofSouthrey',
		2. Advancement ofEducation &
		3. Relief in Need (of the poor &needy) This within the geographical area of
		Southre Bardne &Bucknall.
Summary ofthe main activities in relation to those	Para 1.17and 1.19.	The main activities undertaken forthe public benefit & as identified in the
purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.		accounts are: 1. The continuing provision tothe eligible widows ofSouthrey; with the Trustees taking into account the public benefit requirement &the guidance as stated in the governing
		Scheme
		2. The provision ofgrants to local schools, groups & local students. All grant making decisions are made by the trustees after discussing the information given by applicants & giving consideration tothe public benefit aspect & the guidance as stated in the governing Scheme.
		3. The provision ofgrants to individuals' who meet the relevant
		criteria as stated in the governing
		Scheme, &using the guidance relating to public benefit This isto make sure that the support awarded
		to the individual will benefit their
		articular need.
Statement confirming whether the trustees have had regard to the guidance	Para 1.18	All trustees are aware ofthe Charity Commission guidance on public benefit, from either the CC website or a paper
issued by the Charity Commission on public benefit		copy. 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 informat	Additional informat	Additional informat	ion (optional)	ion (optional)
You ma choose to			include further statements		where relevant about:
				SORP reference
					Grant making policies are as shown in
				Para 1.38	the governing Scheme, which states
Policy on	grant making				thati ~ All grant applications to be made
					either in writing or by email, and can
					only be considered ifall relevant
					criteria are met.
					The Trustees are also in agreement that:
					~ All grant applications be treated in the strictest confidence &within the
					GDPR. A Privacy Statement is
					available to all applicants.
					~ All grants awarded must meet the guidance criteria stated in the governing Scheme &have taken into
					accout the public benefit
					re uirement.
					The charity does not have a policy on
Policy on including investment	social investment program related			Para 1.38	social investment including program related investment as the trustees feel that the governing Scheme covers these
					as acts.
					All KGC trustees are volunteers 8
Contribution volunteers		made by		Para 1.38	receive no remuneration for their services tothis charity. There is no other aspect relating tothis charity where volunteers would be
					involved
Other
Achievements			and Performance
				SORP reierence
Summary ofthe main achievements ofthe charity, identifying the difference the charity's work has made to the circumstances ofits beneficiaries and any wider benefits to society as a whole.				Para 1.20	The main achievements 8 performance vary year to year; depending on the charitys' financial situation &the type or number ofgrant applications received in that particular year. A summary ofthe main achievementslperformance for 2022: ~ Payment ofa 'pension' was made to eligible widows living in Southrey, ~ Provision ofgrants to local schools towards the cost ofswimming lesson
					transport for pupils —giving all pupils (without discrimination) the opportunity to benefit from learning
					this vital skill.
					~ Financial support, as stated in the
					governing Scheme, to Kitchings Educational Charity. KEC provide
					eligible local college &university
					students with an annual rant.

~	Provision ofa grant to an apprentice
	to help with the purchase oftools;
	this to give him more learning scope
	within his apprenticeship.
~	Provision ofa grant toa local club in an effort to maintain the provision of
	an activity for members; this also to
	provide a valuable social opportunity
	for the local community.
~	To provide 'hardship grants' to local
	residents, who met the relevant
	criteria, Lwho needed financial
	assistance. One ofthese recipients
	stated that this had made such a
	difference tothe state ofher mental
	health by relieving some ofher
	financial stresses.
~	To provide a grant to relieve hardship for a local resident, who met the relevant criteria, &who was
	unable to provide her daughter with a cooked meal as she did not have the
	cooking facilities. Stating how grateful she was for the help
	rovided b this char

ouma choos	etoinclude fur	ther statements	where relevant about
Achievements objectives set	against	Para 1.41	Achievements against objectives set always relate to the aims Lobjectives as stated in the governing Scheme. For 2022 this can be seen with the: ~ Provision ofa widows' pension
			throughout the year; this achieves
			the widows pension objective,
			~ Provision ofgrants to KEG, local school La local student grant; this
			achieves the educaSonal objective &
			~ Provision of hardship grants to local residents; this achieves the 'relief in
			need' (ofthe poor &needy)
			ob ective.
Performance offundraising activities against objectives		Para 1.41	This charity does not carry out any kind offundraising.
set
			Investments, to date, have provided
			adequate funds to enable the trustees to
Investment performance against objectives		Para 1.41	provide fundinglgrants to cover all objectives as stated in the Scheme.
Other

Financial Review	Financial Review
Review ofthe charity's financial position at the end ofthe eriod		Para	1.21	Reviewing the charitys' financial position atthe end of 2022 shows a stable financial situation
Statement explaining the policy for holding reserves stating why they are held		Para	1.22	Trustees have not felt the need to have a policy for holding reserves as the charitys' financial situation remains stable.
				This would be considered should the
				trustees feel that it would benefit this
				chari
Amount ofreserves held Reasons for holding zero reserves		Para Para	1.22 1.22	No reserves held The reason for holding zero reserves is that there isaccess to charity funds as/when needed/required; be this from a
				bank account or from investments.
				This is not acharity that would deal with
				dail emer enc situations.
Details offund materially deficit Explanation ofany uncertainties about the	in	Para Para	1.24 1.23	There are no funds that are materially deficit. Currently there are no uncertainties about the charity continuing as a going
charity continuing asa going				concern.
concern
Additional information (optional) You ma choose to include further statements				where relevant about The principal sources offunding are:
				~ Farm rents &cottage rent
The charity's principal sources offunds (including		Para	1.47	~ interest from investments &bank interest
any fundraising)				~ Wayleave
				The charity owns 2xfarms (1x67acres &1x77acres) plus an 8-acre parcel of
				land &acottage. Latest investment valuation showed
				8229,683.89 invested in 2accounts held
				with Black Rock.
				Wayleave income is from Western Power for 'poles &stays' situated on
				chari land.
				Trustees have recently made changes to
Investment policy and objectives including any social investment policy adopted		Para C46		the governing Scheme which gives investment guidance, this outlines trustees' responsibility to ensure that any financial return will serve the interests 8 ob ectives ofthis chari
				The principal risks facing the charity
A description ofthe principal risks facing the charity		P,„, 143		remains the same as 2021,with trustees being updated about investment risks by Black Rock
Other

Structure, Governa	and Manag	ement
Description ofcharity's
trusts:
Type ofgoverning document		Charity Commission Scheme. The Scheme was sealed 11eNovember 1975
		&regulated by the 1902Charity Commission Scheme.
		Trustees have made several
		updates/amendments tothe Scheme
		over the last few ears.
How isthe charity constituted? r	Para 1.25	The charity is made up of9trustees. Of the 9,1shall be from Bucknall &1 from Southrey (areas ofbenefit), with elected
		trustees expected to have a good
		knowledge base relevant to their
		respective area ofbenefit. Due to the nature ofthe charity (as a
		land/farm owner) 3ofthe 9 to have an
		agricultural background orsome
		a ricultural knowled e.
Trustee selection methods	Para 1.25	All trustees are Co-optative Trustees;
including details ofany constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees		with the election of trustees being carried out by existing trustees. No other person or organisation is involved in electing charity trustees. Chair &vice-chair being elected atthe first meetin ofthe ear,
Additional information (optional) You ma choose to include further statements		where relevant about There is an 'introduction list', which is
		emailed tothe newly elected trustee.
Policies and procedures adopted for the induction and training oftrustees	Para 1.51	This includes: ~ Copy ofthe KGC Scheme, ~ Copy ofthe latest accounts, ~ Copy ofMinutes from the last
		meeting,
		~ GDPR information,
		~ Copy ofcurrent Privacy Statement,
		~ CC4 leaflet &
		~ The Essential Trustee information
		They are also invited to meet with the Chair &clerk rior to their first meetin
		The administrative &organisational
		structure is determined by the guidance
The charity's organisational structure and any wider network with which the	Para 1.51	shown in the governing Scheme. The clerk carries out administrative duties as instructed by the trustees.
charity works		All management decisions relating to the charity are made by the trustees, through discussion, at one of their
		meetings.
		There is no other wider network with
		which this chari works.
Relationship with any	Para 1.51	This charity is committed to supporting Kitchings Educational Charity, as is directed in the governing Scheme.
related arties

	KGC supports	KGC supports	KEC by providing	an
	annual	income	which is calculated	from
	the dis	osable	income of KGC.
Other

Reference and A	Reference and A	Reference and A	dminist	rative details	rative details
Char' name Other name the cha			uses	Kitchin s General Thomas Kitchin		Chari Cha '	Trust
Re istered charit		number		219957
Charity's	principal	address		42 Abbey	Road,
				Bardney,
				Lincoln,
				LN3 5XA

	Trustee name	ONce (ifany)	Name ofperson (or body) entitled to a oint trustee lfan
	Mr G Pacey	Chair	Co-opted
	MrJArmstrong	Vice-Chair	Co-opted
	Mr 8 Percival		Co-opted
	Mr K Hutchinson		Co-opted
	Mr C Pacey		Co-opted
	Mr D Wilkinson		Co-opted
	Mrs C Lee		Co-opted
	Mrs J Hayes		Co-opted
	Mrs KThomas		Co-opted
10
11
12
13
14
15
16
17
18
19
20

unds held as cust	odia	n t
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 of arrangements	for
safe custody and
segregation ofsuch assets
from the charity's own
assets

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
Indemnity Insurance	Access Insurance Services	Selsdon House, 2I2—220 Addington Croydon, London, CR2 8LD			Road, South
Banking	HSBC	High Street, Lincoln

	Signature(s)
	Full name(s)	Mr Geofl'rey Pacey	Mrs Janice Smith
Position	(e.g.,Secretary, Chair, etc)	Chair
		lg / w& (NC&&3

Income
HSBC
Community Account Balance B/F	185.78i
Business Money Manager Account Balance B/F	24283.90 /	24469.68 /'
Bank Interest		26.08 /'
Interest on Investments		5923.30
Farm Rents		17323.00
Cottage Rent		7358.00
Wayleave		I76.54
		55276.60 /

E~Cht
Widows Pensions			1120.00	z
Grants			14070.00	.
Willsons Agency Fees			1579.40,.
Room Hire			36.00
Liability Insurance			694.21
Farm and Farm Buildings	insurance		481.58
Trustee Indemnity Insurance			308.80,
Clerks Wages and Expenses			1337.72
Educational Charity —I/7'" ofNet Income			3733.00,
Cottage Maintenance			15603.70
Farm Maintenance			(245.86)
Bank Charges			76.00	z
Xero Accounting Software	Subscription		72.00
				'
Expenses on Farm Visit			347.30
HSBC
Community Account Balance C/F		557.47
Business Money Manager
Account Balance C/F		15505.28	16062.75
			55276.60