2022-12-31-accounts - Schroder Charity

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

4¢›

Trustees' Annual Report for the period

From

Period start date Period end date

1 January 2022

31 December 2022

Section A Reference and administration details

March 2012

TAR

Charity name

The Schroder Charity

Other names charity is known by

Registered charity number (if any)

264895

Charity's principal address

The Coach House, Barley Mow Road

March 2012

TAR

Englefield Green

Surrey

Postcode

TW20 0NX

Names of the charity trustees who manage the charity

Trustee name Office (if any) Dates acted if not for whole year Name of person (or body) entitled to appoint trustee (if any)

March 2012

TAR

Dr Stephen Williams Chairman

The Trustees Themselves

Mrs Beatrice Slipper Hon. Treasurer & Deputy Chair

The Trustees Themselves.

Mrs Janice Walmsley Appeals Director

The Trustees Themselves

Mrs Lorna Jamison Deputy Appeals Trustee

The Trustees Themselves

March 2012

TAR

Mr Paul Lewis Deputy Treasurer

The Trustees Themselves

Mr Stuart Adamson

The Trustees Themselves

Mr Patrick Clark

The Trustees Themselves

March 2012

TAR

li 12 13 14 TAR March 2012

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

March 2012

TAR

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Independent Examiner

Mr C.M.A Simon

F.C.A. Chartered Accountant

13 malt House Close, Old Windsor, Berkshire, SL4 2SD

Bankers

Barclays Bank plc High Street, Staines, Middlesex, TW18 4PS.

March 2012

TAR

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Trust Deed, dated 4 November 1975 as amended by Deeds dated Type of governing document 5 February 1993 and June 2012. This was further amended during 2022.

(eg. trust deed, constitution)

Trust How the charity is constituted (eg. trust, association, company)

They are elected by existing Trustees. Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;

Major Risks. The Trustees have conducted an assessment of the risks that could harm the charity and a Risk Register, which is reviewed annually, has been prepared. The assessment identified two major risks, both of which relate to the trustee having particular responsibilities being unable to discharge their specific duties.

To manage the risks other trustees have been nominated to deputise and assume the specific offices until the incumbent can resume office or another person is elected to the office. Office holders regularly inform “deputies” of their activities and any major problems.

The Risk Register was reviewed, revised and accepted by the Trustees during 2022.

trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

Within the parishes of Egham, Englefield Green and Old Windsor the Charity aims to relieve sickness and preserve the health of people resident in the area of benefit who have a physical or mental illness, are recuperating, disabled or frail by providing or paying for items, services or facilities which are seen to alleviate their suffering or assist their recovery but are not readily available to them from other sources.

March 2012

TAR

The Trustees continue to maintain contact with local individuals and organisations who can recommend individuals and organisations from within the area of benevolence that would benefit from the charity’s help. Summary of the main These informants include: Staff of medical practices; citizens’ activities undertaken for advice bureaux; health visitors; schools and other charities. the public benefit in relation to these objects The Trustees have reviewed, again, the questions on public (include within this benefit as set out by the Charity Commission and confirm that section the statutory the Public Benefit test is met as evidenced by the content of this declaration that trustees report. have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

The Charity’s trustees oversee the investment strategy, monitor the financial situation and set annual targets for grant payments based on revenue available.

The Charity’s trustees review all grant applications and where they meet the charitable objects, and funds are available, make You may choose to include suitable grants. further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

Section D Achievements and performance

March 2012

TAR

Section D Achievements and performance

The Trustees held three meetings in 2022 at which various Summary of the main applications for assistance were considered and mostly achievements of the approved. In the year grants amounting to £25,797 were made, charity during the year £22,240 to organisations and £3,557 to families or individuals. Further details of grants are contained in the Financial Statements for year ended 31 December 2022.

Section E Financial review

The Trustees seek to expend the majority of the income Brief statement of the received in any one year. Also, they wish to be able to make, at charity’s policy on short notice, a grant of up to £10,000. To support such a policy reserves the trustees attempt to maintain a working balance between £10,000 and £20,000.

Details of any funds materially in deficit

Further financial review details (Optional information)

The value of the charity’s investments were £692,253 at 31 You may choose to include December 2022. additional information, where relevant about:

In 2022 the income from the investments was £28,085, which
the charity’s principal was a 7% increase on the prior year.
sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

March 2012

TAR

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s)

Position (eg Secretary, Chair, etc)

Date

March 2012

TAR

TAR 13 March 2012

Registered Charity No. 26

THE SCHRODER CHARITY FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022

C.M.A.Simon F.C.A. Chartered Accountant 13 Malt House Close Old Windsor Berkshire SL4 2SD

Charity no. 264895

The Schroder Charity

Independent examiner's report to the trustees of The Schroder Charity

I report to the trustees on my examination of the accounts of The Schroder Charity ('the Charity') for the year ended 31st December 2022 set out on pages 2 to 4.

Responsibilities and basis of report

As the charity trustees of The Schroder Charity you are responsible for the preparation of accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Charity's accounts carried out under section 1 the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my at in connection with the examination giving me cause to believe that in any material respec

accounting records were not kept in respect of the Charity as required by se 130 of the Act; or
the accounts do not accord with those records.

I have no concerns and have come across no other matters in connection with the examin to which attention should be drawn in this report in order to enable a proper understandin accounts to be reached.

13 Malt House Close Old Windsor Berkshire SL4 2SD

C.M.A.Simon F.C.A. Chartered Accountant

Date ………………………

64895

the

145 of

ttention ct: ection

nation ng of the

…

THE SCHRODER CHARITY

RECEIPTS AND PAYMENTS ACCOUNT YEAR ENDED 31 DECEMBER 2022

Unrestricted Fund £ 5 28,085	Unrestricted Fund £ 5 28,085	Endowment Fund £ - -	Endowment Fund £ - -
	28,090		-
	25,797 384 400		- - -
	26,581		-
	1,509 10,860		- -
===	12,369 ======	==	- =======

STATEMENT OF ASSETS AND LIABILITIES AT 31 DECEMBER 2022

Unrestricted Fund £ 12,369	Unrestricted Fund £ 12,369	Endowment Fund £ -	Endowment Fund £ -
	71,495		620,859
	400		-
===	83,464 ======	==	620,859 =======

Page 2

Approved by the trustees on ……………. and signed on behalf of all the trustees

…………………………………….. Trustee

Page 3

	Total 2022 £ 5 28,085		Total 2021 £ 10 26,555
	28,090		26,565
	25,797 384 400		24,515 354 400
	26,581		25,269
	1,509 10,860		1,296 9,564
==	12,369 =======	==	10,860 ======

	Total 2022 £ 12,369		Total 2021 £ 10,860
	692,354		751,395
	400		400
==	704,323 =======	==	761,855 ======

Page 4

THE SCHRODER CHARITY

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2022

1. Basis of preparation

These accounts have been prepared as Receipts and Payments Accounts under S.133 of th Charities Act 2011.

2. Accounting policies

2.1 Fund accounting

The Charity maintains various types of funds as follows: Unrestricted Fund:

The Unrestricted Fund comprises the monies that may be used in the furtherance of the Ch the discretion of the Trustees.

Endowment Fund:

The Endowment Fund comprises monies that may be invested to produce income (to the U but is not otherwise available to be used in the furtherance of the Charity's objectives.

2.2 Investments

Investments are stated at market value at the balance sheet date.

3. Grants

3.1 Grants to organisations

Thames Hospice Magna Carta School The village centre Hythe School The Hub St Cuthberts School White lodge centre St Paul's Church The Royal School

3.2 Grants to individuals

Grants to 6 (2021 - 13) families or individuals

4. Administration costs

Insurance

Website

5. Investments

5. Investments Authorised unit trusts Fixed interest fund Equity fund		Market Value 2022 2021 £ £ 304,668 340,842 387,686 410,553	Market Value 2022 2021 £ £ 304,668 340,842 387,686 410,553
		2022 £ 304,668 387,686

Page3

Attributable to: Endowment fund Unrestricted fund	692,354 ========= 620,859 71,495	751,395 ========= 673,803 77,592
	692,354 =========	751,395 =========

Page4

harity's objectives at

Unrestricted Fund)

2022 £ 3,700 12,000 2,000 2,240 1,400 900 22,240 3,557 25,797 ========= 291 93 384 =========	2022	2021 £ 1,900 10,000 2,055 2,200 14,255 8,360	2021
		22,615 ========= 282 72
		354 =========

	Cost	Cost	2021 352,569 286,570
	2022 £ 352,569 286,570

Page5

	639,139 ========= 573,139 66,000	639,139 ========= 573,139 66,000
	639,139 =========	639,139 =========

Page6

Registered Charity No. 26

THE SCHRODER CHARITY FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022

C.M.A.Simon F.C.A. Chartered Accountant 13 Malt House Close Old Windsor Berkshire SL4 2SD

Charity no. 264895

The Schroder Charity

Independent examiner's report to the trustees of The Schroder Charity

I report to the trustees on my examination of the accounts of The Schroder Charity ('the Charity') for the year ended 31st December 2022 set out on pages 2 to 4.

Responsibilities and basis of report

As the charity trustees of The Schroder Charity you are responsible for the preparation of accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my at in connection with the examination giving me cause to believe that in any material respec

accounting records were not kept in respect of the Charity as required by se 130 of the Act; or
the accounts do not accord with those records.

13 Malt House Close Old Windsor Berkshire SL4 2SD

C.M.A.Simon F.C.A. Chartered Accountant

Date ………………………

64895

the

145 of

ttention ct: ection

nation ng of the

…

THE SCHRODER CHARITY

RECEIPTS AND PAYMENTS ACCOUNT YEAR ENDED 31 DECEMBER 2022

Unrestricted Fund £ 5 28,085	Unrestricted Fund £ 5 28,085	Endowment Fund £ - -	Endowment Fund £ - -
	28,090		-
	25,797 384 400		- - -
	26,581		-
	1,509 10,860		- -
===	12,369 ======	==	- =======

STATEMENT OF ASSETS AND LIABILITIES AT 31 DECEMBER 2022

Unrestricted Fund £ 12,369	Unrestricted Fund £ 12,369	Endowment Fund £ -	Endowment Fund £ -
	71,495		620,859
	400		-
===	83,464 ======	==	620,859 =======

Page 2

Approved by the trustees on ……………. and signed on behalf of all the trustees

…………………………………….. Trustee

Page 3

	Total 2022 £ 5 28,085		Total 2021 £ 10 26,555
	28,090		26,565
	25,797 384 400		24,515 354 400
	26,581		25,269
	1,509 10,860		1,296 9,564
==	12,369 =======	==	10,860 ======

	Total 2022 £ 12,369		Total 2021 £ 10,860
	692,354		751,395
	400		400
==	704,323 =======	==	761,855 ======

Page 4

THE SCHRODER CHARITY

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2022

1. Basis of preparation

These accounts have been prepared as Receipts and Payments Accounts under S.133 of th Charities Act 2011.

2. Accounting policies

2.1 Fund accounting

The Charity maintains various types of funds as follows: Unrestricted Fund:

The Unrestricted Fund comprises the monies that may be used in the furtherance of the Ch the discretion of the Trustees.

Endowment Fund:

The Endowment Fund comprises monies that may be invested to produce income (to the U but is not otherwise available to be used in the furtherance of the Charity's objectives.

2.2 Investments

Investments are stated at market value at the balance sheet date.

3. Grants

3.1 Grants to organisations

Thames Hospice Magna Carta School The village centre Hythe School The Hub St Cuthberts School White lodge centre St Paul's Church The Royal School

3.2 Grants to individuals

Grants to 6 (2021 - 13) families or individuals

4. Administration costs

Insurance

Website

5. Investments

5. Investments Authorised unit trusts Fixed interest fund Equity fund		Market Value 2022 2021 £ £ 304,668 340,842 387,686 410,553	Market Value 2022 2021 £ £ 304,668 340,842 387,686 410,553
		2022 £ 304,668 387,686

Page3

Attributable to: Endowment fund Unrestricted fund	692,354 ========= 620,859 71,495	751,395 ========= 673,803 77,592
	692,354 =========	751,395 =========

Page4

harity's objectives at

Unrestricted Fund)

2022 £ 3,700 12,000 2,000 2,240 1,400 900 22,240 3,557 25,797 ========= 291 93 384 =========	2022	2021 £ 1,900 10,000 2,055 2,200 14,255 8,360	2021
		22,615 ========= 282 72
		354 =========

	Cost	Cost	2021 352,569 286,570
	2022 £ 352,569 286,570

Page5

	639,139 ========= 573,139 66,000	639,139 ========= 573,139 66,000
	639,139 =========	639,139 =========

Page6