## ## ## |b ectives and A|ctiviti|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)|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|ouma
choos|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|nce|and Manag|ement| |---|---|---|---| |Description
ofcharity's|||| |trusts:|||| |Type ofgoverning
document|||Charity Commission
Scheme. The
Scheme was sealed 11eNovember
1975| ||||®ulated
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|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)|Dates acted ifnot forwhole
ear|Name ofperson (or body) entitled
to a
oint trustee
lfan|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|| ##