CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 1 January 2022 To 31 December 2022 Charity name: Kingham Hill Association Centenary Trust Charity registration number: 273416 Objectives and Activities SORP reference Summary of the purposes of the charity as set out in its governing document Para 1.17 To support Kingham Hill School principally through funding bursaries for disadvantaged pupils to perpetuate the memory of the Founder of Kingham Hill School, Charles Edward Baring Young. This may include, but is not limited to: Families on low income. Adopted or fostered children. Children cared for by grandparents, relatives or friends. Children from single parent families. Children under the care of the Local Authority. Families where there is a sibling who has a disability that affects the well-being of the rest of the family. Families with two carers, where one is very severely incapacitsted through illness or disability. Summary ofthe main aclivilies in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Statement confirming whether the trustees have had regard to Ihe guidan issued by the Charity Commission on public benefit Para 1.17 and 1.19 A sum of £50,000 in bursary funding was paid to the school in 2022. Para 1.18 The trustees have had regard to the Charity Commission's guidance on public benefit.
Additional information loptionall You ma choose to include further statements where relevant about.. SORP ref&renc& Criteria: 1.Pupils with a demonstrable social need. 2. Pupils entering Year 7 or Year 8 3.Pu ils who will have a boardin Para 1.38 Policy on grant making need Paia 1.38 Policy on social investment including program related investment Pao 1.38 Contribution made by volunteers Other Achievements and Performance SORP reference The Charlty contlnues to support the provision of school places to children with a recognised need as identified in the criteria listed under policy on grant making. Summary ofthe main achievements of the charity, identifying the difference the harity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. Para 1.20 Additional information (optional) You ma choose to include further statements where relevant about.. Achievements against objectives set Para 1.41
No objective is set Perfomance of fundraising activities against objectives sel Para 1.41 Investment performance against objectives Para 1.41 Other
Financial Review Review of the charity's financial position al the end of the eriod Slalement explaining the policy for holding reserves stating why they are held P8ra 1.21 At the end of the accounting period, the Charity held investments and cash totallin £189.403. Most of the income of the Charity is sporadic in the form of legacies and donations and so resenles are held to ensure that future beneficiaries can continue to be supported regardless of the Chari income in their time of need. £189,403 Not applicable Para 1.22 Amount of reseeS held Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concern Para 1.22 Para 1 22 Para 1.24 Not applicable Pars 1.23 Not applicable Additional infonnation loptionall You ma choose to include further statements where relevant about.. Legacies and donations from Kingham Hill School alumni, former staff, their families and friends. The charity's principal sources of funds (including any fundraising) Para 1.47 Funds are held in the fomi of cash and an investment in an absolute return fund. Investment policy and objectives including any social investment policy adopted Para 1.46 Loss of donations, failure of absolute return fund Investment held. A description of the principal risks facing the charity Para 1.46 Other
Structure, Governance and Management Description of charity's trusts.. Type of governing document Para 1.25 Trust deed119 March 1977} and Kingham Hill Association Constitution 4 June 2016 Unincorporated association Ji How is the charity constituted? P8rs 1.25 101 Trustee selection methods including details of any constitutional provisions e.g. election lo post or name of any person or body entitled to appoint one or more trustees Para 1.25 The Kingham Hillians Committee elects and guides the Trustees of the Kingham Hill Association Centenary Trust Additional information {optional) You ma choose to include further statements where relevant about.. Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity's organisalional structure and any wider nelwork wrth which the charity works Para 1.51 Relationship with any related parties Para 1.51 Other Reference and Administrative details Charit name Other name the charit uses istered charit number Charity's principal address Kin ham Hill Association Centena Kin ham Hillians 273416 51 Smithbarn Horsham RH13 6DS Trust
Names of the charity trustees who manage the charity Dates acted if not for whole ear Trustee name Officè1Sf any) Name of person lor body) entitled toa oint trustee ifan The Kingham Hillians Committee Nanci Austin Chair Mark Foley Vice Chair The Kingham Hillians Committee The Kingham Hillians Committee Mike Kent David Ware Legal advisor The Kingham Hillians Committee The Kingham Hillians Committee Kenneth Wingfield Secretary 10 12 13 14 15 16 17 18 19 20 Cor orate trustees - names of the directors at the date the re Director name ortwasa roved Name of trustees holding title to property belonging to the charity Trustee nam Dates acted If not for whole ear
Funds held as custodian trustees on behalf of others Description of the assets Not applicable held in this capacity Name and objects oflhe charity on whose behalf the assets are held and how this falls within the custodian charity's objects Delails of arrangements for safe custody and segregation of such assets from the charity's own assets Additional information (optionall Names and addresses of advisers (Optional informationl Type of Name Address adviser Accountant Andrew Morrison CIO Turner & Partners LLP, 24 James Street West, Bath BA12BT Name of chief executive or names of senior staff members (Optional information) Andrew Blair-Rains - Treasurer Exemptions from disclosure Reason for nan-disclosure of ke ersonnel details Other o tional information
Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signaturels} mgE Full namelsl Position (eg Secretary, Chair, etc) Ken Wingfield Nanci Austin Secretary Chair Date
KINGHAM HILL ASSOCIATION CENTENARY TRUST
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
Charity Registration Number: 273416
KINGHAM HILL ASSOCIATION CENTENARY TRUST
Financial Statements for the year ended 31 December 2022
| Contents | Pages |
|---|---|
| Officers and professional advisers | 1 |
| Secretary's report | 2 |
| Independent examiner's report to the trustees | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes forming part of the financial statements | 6 - 7 |
KINGHAM HILL ASSOCIATION CENTENARY TRUST
Officers and Professional Advisers
| Trustees | M P Kent |
|---|---|
| Mrs N Austin | |
| D W B Ware | |
| K M Wingfield | |
| M Foley | |
| Secretary | K M Wingfield |
| Miss Alex Tudor | |
| Bankers | Nat West Bank plc |
| 1 Town Hall Buildings | |
| Bridge Street | |
| Banbury | |
| OX16 5JS | |
| Accountants | Turner & Partners LLP |
| Chartered Certified Accountants | |
| 24 James Street West | |
| Bath | |
| BA1 2BT |
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KINGHAM HILL ASSOCIATION CENTENARY TRUST
Report of the Secretary for the year ended 31 December 2022
The trustees present the accounts for Kingham Hill Association Centinary Trust for the year ended 31 December 2022.
PRINCIPAL ACTIVITY
The principal activity of the charity is to provide financial support to Kingham Hill School.
DONATIONS
No charitable or political donations were made during the year other than to Kingham Hill School.
AUDIT EXEMPTION
The charity has decided not to appoint auditors.
Signed on behalf of the Trust
K M Wingfield Secretary Approved by the Trustees
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KINGHAM HILL ASSOCIATION CENTENARY TRUST
Independent examiner's report to the trustees on the unaudited financial statements of Kingham Hill Association Centenary Trust
I report on the accounts of Kingham Hill Association Centenary Trust for the year ended 31 December 2022 which are set out on pages 4 to 7.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for the year ( under section 43(2)) of the Charities Act 1993 ( the 1993 Act), and that an independent examination is needed.
It is my responsibility to :
-
-Examine the accounts ( under section 43(3)(a) of the 1993 Act;
-
-To follow up the procedures laid down in the General Directions given by the Charities Commissioners ( under section 43(7)(b) of the 1993 Act; and
-
-To state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
- Which gives me reasonable cause to believe that in any material respect the requirements -
to keep accounting records in accordance with section 41 of the Act; and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 1993 Act
have not been met; or
- To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Andrew Morrison Turner & Partners LLP Chartered Certified Accountants Bath BA1 2BT
Date : 5th June 2023
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KINGHAM HILL ASSOCIATION CENTENARY TRUST Statement of Financial Activity (including Income and Expenditure Accounts) For the year ending 31 December 2022
----- Start of picture text -----
£ £
Notes 2022 2021
Incoming Resources
Interest - -
-
Legacy 101,843
Donations & bequests 820 1,836
200 Club - -
Dividend - Ruffers Accululation MS 3,675 1,990
Tax recovered - 203
Misc income - -
Total incoming resources 106,338 4,029
Resources Expended
Charitable Expenditure
Fee Support - Kingham Hill School 50,000 42,000
200 Club Prizes - -
Founder's wreath - -
- -
Plaque
Total resources expendended 50,000 42,000
Movement of funds in year 56,338 -37,971
Gain in year on Investments 3,601 8,830
Total Funds at 1.1.22 129,364 158,505
Total Funds at 31.12.22 189,303 129,364
----- End of picture text -----
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KINGHAM HILL ASSOCIATION CENTENARY TRUST
Balance Sheet as at 31 December 2022
----- Start of picture text -----
£ £
Notes 2022 2021
Fixed assets 1 133,760 126,484
Current assets
Debtors and prepayments 2 - -
Cash at Bank and in hand 55,643 2,980
55,643 2,980
Creditors: amounts falling due
within one year 3 - -
Net current assets 55,643 2,980
Net Assets 189,403 129,464
Unrestricted funds
General fund 189,303 129,364
Capital 100 100
Total Funds 189,403 129,464
----- End of picture text -----
The trustees acknowledge their responsibility for ensuring that the trust keeps accounting records and preparing accounts which give a true and fair view of the state of affairs of the trust as at the end of the financial year and of its profit for the financial year.
Mrs N Austin Chairman Approved by the Trust on
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KINGHAM HILL ASSOCIATION CENTENARY TRUST
Notes to the Accounts for the year ended 31 December 2022
1. Accounting Policies
a) The financial statements have been prepared under the historic cost convention.
b) Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities in the year in which they are receivable.
c) Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered.
d) Resources expended are allocated to the particular activity where the cost relates directly to that activity. Certain costs have been apportioned between headings using bases consistent and reasonable in relation to individual expenses.
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KINGHAM HILL ASSOCIATION CENTENARY TRUST
Notes to the Accounts for the year ended 31 December 2022
----- Start of picture text -----
2022 2021
1. Fixed assets
Investments
- -
National Savings Bonds
CF Rutters Return Fund 133,760 126,484
133,760 126,484
Market value at 20.12.22
2. Debtors and prepayments
Inland Revenue - tax reclaim - -
- -
3. Creditors
- -
- -
- -
4. Taxation
Taxation - -
----- End of picture text -----
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KINGHAM HILL ASSOCIATION CENTENARY TRUST
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
Charity Registration Number: 273416
KINGHAM HILL ASSOCIATION CENTENARY TRUST
Financial Statements for the year ended 31 December 2022
| Contents | Pages |
|---|---|
| Officers and professional advisers | 1 |
| Secretary's report | 2 |
| Independent examiner's report to the trustees | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes forming part of the financial statements | 6 - 7 |
KINGHAM HILL ASSOCIATION CENTENARY TRUST
Officers and Professional Advisers
| Trustees | M P Kent |
|---|---|
| Mrs N Austin | |
| D W B Ware | |
| K M Wingfield | |
| M Foley | |
| Secretary | K M Wingfield |
| Miss Alex Tudor | |
| Bankers | Nat West Bank plc |
| 1 Town Hall Buildings | |
| Bridge Street | |
| Banbury | |
| OX16 5JS | |
| Accountants | Turner & Partners LLP |
| Chartered Certified Accountants | |
| 24 James Street West | |
| Bath | |
| BA1 2BT |
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KINGHAM HILL ASSOCIATION CENTENARY TRUST
Report of the Secretary for the year ended 31 December 2022
The trustees present the accounts for Kingham Hill Association Centinary Trust for the year ended 31 December 2022.
PRINCIPAL ACTIVITY
The principal activity of the charity is to provide financial support to Kingham Hill School.
DONATIONS
No charitable or political donations were made during the year other than to Kingham Hill School.
AUDIT EXEMPTION
The charity has decided not to appoint auditors.
Signed on behalf of the Trust
K M Wingfield Secretary Approved by the Trustees
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KINGHAM HILL ASSOCIATION CENTENARY TRUST
Independent examiner's report to the trustees on the unaudited financial statements of Kingham Hill Association Centenary Trust
I report on the accounts of Kingham Hill Association Centenary Trust for the year ended 31 December 2022 which are set out on pages 4 to 7.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for the year ( under section 43(2)) of the Charities Act 1993 ( the 1993 Act), and that an independent examination is needed.
It is my responsibility to :
-
-Examine the accounts ( under section 43(3)(a) of the 1993 Act;
-
-To follow up the procedures laid down in the General Directions given by the Charities Commissioners ( under section 43(7)(b) of the 1993 Act; and
-
-To state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
- Which gives me reasonable cause to believe that in any material respect the requirements -
to keep accounting records in accordance with section 41 of the Act; and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 1993 Act
have not been met; or
- To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Andrew Morrison Turner & Partners LLP Chartered Certified Accountants Bath BA1 2BT
Date : 5th June 2023
-3-
KINGHAM HILL ASSOCIATION CENTENARY TRUST Statement of Financial Activity (including Income and Expenditure Accounts) For the year ending 31 December 2022
----- Start of picture text -----
£ £
Notes 2022 2021
Incoming Resources
Interest - -
-
Legacy 101,843
Donations & bequests 820 1,836
200 Club - -
Dividend - Ruffers Accululation MS 3,675 1,990
Tax recovered - 203
Misc income - -
Total incoming resources 106,338 4,029
Resources Expended
Charitable Expenditure
Fee Support - Kingham Hill School 50,000 42,000
200 Club Prizes - -
Founder's wreath - -
- -
Plaque
Total resources expendended 50,000 42,000
Movement of funds in year 56,338 -37,971
Gain in year on Investments 3,601 8,830
Total Funds at 1.1.22 129,364 158,505
Total Funds at 31.12.22 189,303 129,364
----- End of picture text -----
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KINGHAM HILL ASSOCIATION CENTENARY TRUST
Balance Sheet as at 31 December 2022
----- Start of picture text -----
£ £
Notes 2022 2021
Fixed assets 1 133,760 126,484
Current assets
Debtors and prepayments 2 - -
Cash at Bank and in hand 55,643 2,980
55,643 2,980
Creditors: amounts falling due
within one year 3 - -
Net current assets 55,643 2,980
Net Assets 189,403 129,464
Unrestricted funds
General fund 189,303 129,364
Capital 100 100
Total Funds 189,403 129,464
----- End of picture text -----
The trustees acknowledge their responsibility for ensuring that the trust keeps accounting records and preparing accounts which give a true and fair view of the state of affairs of the trust as at the end of the financial year and of its profit for the financial year.
Mrs N Austin Chairman Approved by the Trust on
-5-
KINGHAM HILL ASSOCIATION CENTENARY TRUST
Notes to the Accounts for the year ended 31 December 2022
1. Accounting Policies
a) The financial statements have been prepared under the historic cost convention.
b) Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities in the year in which they are receivable.
c) Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered.
d) Resources expended are allocated to the particular activity where the cost relates directly to that activity. Certain costs have been apportioned between headings using bases consistent and reasonable in relation to individual expenses.
-6-
KINGHAM HILL ASSOCIATION CENTENARY TRUST
Notes to the Accounts for the year ended 31 December 2022
----- Start of picture text -----
2022 2021
1. Fixed assets
Investments
- -
National Savings Bonds
CF Rutters Return Fund 133,760 126,484
133,760 126,484
Market value at 20.12.22
2. Debtors and prepayments
Inland Revenue - tax reclaim - -
- -
3. Creditors
- -
- -
- -
4. Taxation
Taxation - -
----- End of picture text -----
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