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2021-12-31-accounts

Trustees’ Annual Report for the period

From 01/01/2021 Period start date To 31/12/2021 Period end date Charity name: ARCHBISHOP TENISON’S SCHOOL (CROYDON) DEVELOPMENT TRUST

Charity registration number: 282496

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 To raise and to hold sums of money or other
assets so as to advance the education of
pupils at Archbishop Tenison’s School
Croydon.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.		 Para 1.17 and
1.19		 Improved facilities for education at the
School is the public benefit that the
Development Trust provides.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 In forming its objectives the Trustees have
given due regard to the Charities
Commission published Guidance on public
benefit.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38
Policy on social investment
including program related
investment		 Para 1.38
Contribution made by
volunteers		 Para 1.38
Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 As usual the Development Trust has
covered the full cost of the School’s required
contribution to the Southwark Diocesan
Maintenance Fund (£12936).
This annual sum currently accounts for
about 50% of the current normal regular
income of the Charity. There continue to be
significant maintenance requirements, given
the age of the buildings, and the School
benefits significantly from this scheme
receiving greater value of works completed
than the payment made.
During 2021 there were also payments
made to cover the 10% capital contribution
to significant improvements to the school
buildings made in the summers of 2020
(£5575) and 2021 (£5376).
The maintenance and capital works carried
out included replacement of boiler feed and
distribution pipes, with new radiators in some
locations; installation of additional hand
washing facilities; complete refurbishment of
student toilet facilities, including an increase
to the total number of toilets which was
required to meet the standards for the
increased student numbers in the school.
All these matters improve the facilities
available for the education of all pupils
attending Archbishop Tenison’s School
Croydon.
The School has initiated a chaplaincy for the
support of students particularly during the
challenges of the COVID19 pandemic.
Whilst the Trust has not been in a financial
position to donate directly from its regular
income for this work, it has been the vehicle
for receiving and passing on one-off
donations.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set		 Para 1.41 Various modifications to the buildings have
been made to facilitate further increase in
pupil numbers as well as updating numerous
facilities available to all students, particularly
toilets and heating system.
Regular voluntary donations made by
parents and carers have held upwell despite
Performance of fundraising
activities against objectives
set		 Para 1.41 the pandemic. However, the trend is still
slightly downwards, and so further actions
are required to stabilise income.
Reclaiming of gift aid continues to be
quarterly and up to date, within a few weeks
of end of quarter.
Investment performance
against objectives		 Para 1.41 During this year there has been a 14%
increase in the value of the small investment
(£16,000 at start of year) held by the trust.
This is kept as a reserve, whilst also
separately generating quarterly income.
Other

Financial Review

Review of the charity’s
financial position at the end
of the period		 Para 1.21 The Trust’s cash funds have increased
during the year by ~£2000, making £43670
available at year end.
Regular income and expenditure continue to
be roughly in balance, with a suitable
reserve retained.
The trust continues to retain the COIF fund,
now containing~£18000, held as assets.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 The Charity seeks to build up some reserves
to allow it to support more significant
projects, particularly where provision of
Development Trust funds will be needed by
the School to meet the contribution (normally
10%) to significant capital projects required
by the Diocese.
Reserves can also be used to make grants
for small scale items of equipment etc.
Amount of reserves held Para 1.22 £43670 in the main accounts and £18000 in
the CCLA charities investment fund.
Reasons for holding zero
reserves		 Para 1.22 The Charity holds reserves.
Details of fund materially in
deficit		 Para 1.24 The trust does not have material deficit.
The Charity has the following expected
liabilities during 2022:-
•
Diocesan Maintenance Fund
Payment for 2022 - £13000.
•
Contribution to 2022 capital building
works - expected to be ~£10000
To offset these liabilities the Trust has total
reserves and assets of ~£62000.
At the year end the only outstanding Gift Aid
claim with HMRC is for the quarter October
to December 2021, which is expected to
raise circa £1000, which sum is in addition to
the reserves and assets sum referred to
above.
Additionally, normal fund raising from
parental giving in 2022 can be expected to
raise circa £25,000.
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 The Trustees believe that, based upon the
statements set out above, as at 31/12/2021
the Charity is in a position to continue as a
going concern.

Additional information (optional) You may choose to include further statements where relevant about: The principal income of the Development Trust remains regular giving by parents and

The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47 carers of pupils at the School, together with
occasional donations from past pupils and
other supporters of the School. Parents are
encouraged to gift aid their giving where
possible such that a tax claim can be made
to HMRC, and this has created a welcome
addition to the income of the charity.
However, the level of normal income that is
gift aided has continued to reduce, albeit not
by very much in the last year.
Occasionally money is received from
matched funding by an employer in regard to
a donation by one of their employees. A
small amount of money is also raised from
fund raising activities such as AmazonSmile
donations and sales of the School History
book.
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46 Monies not immediately needed are invested
in a Base Rate Tracker account, together
with the sum invested in the CCLA
Investment Fund.
A description of the principal
risks facing the charity		 Para 1.46 Challenges in the school’s budget leading to
a greater demand on the Charity’s funds to
support school projects.
Reduction of voluntary parental
contributions, and the associated reduction
in gift aid reclaim, leading to less income.
Decision-making regarding any building
capital projects has in recent history been
made by school and governors, but with the
trust as the principal source of funds to pay
10% of the capital cost. Whilst there is
communication between trust and governors
this needs to be improved so that trustees
are involved in decision-making on final
financial commitments, to better manage risk
of over commitment.
Other

Structure, Governance and Management

Description of charity’s
assets:		 All assets are cash at the Bank, except a
sum of ~£18000 held in the CIOF Charity
Investment Fund
Type of governing document
(trust deed, royal charter)		 Para 1.25 Trust Deed
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 Trust
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 Trustees are normally parents of present
and former pupils and are normally selected
through consultation with the Governors of
the School and the School’s Parents
Association. Trustees are nominees of the
Governors of Archbishop Tenison’s
Foundation and the Committee of
Archbishop Tenison’s Parents Association.

Additional information (optional) You may 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 organisational
structure and any wider
network with which the
charity works		 Para 1.51 The Trust conducts its business mainly
through formal minuted meetings. It met
formally on 4 occasions during the year.
Steve Ruddy was appointed trustee in
September.
Further recruitment efforts are underway for
at least one and possibly two more trustees,
with the chair and other longstanding
trustees beginning their plans to step down.
The chair stepped down at the last meeting
of the year (November 8) and the treasurer
stepped in as interim chair until additional
trustee(s) have been appointed, from whom
a new chair will be selected, and a good
handover provided.
Relationship with any related
parties		 Para 1.51 Whilst the Development Trust is a wholly
independent body managed and controlled
by its 5 Trustees (some of whom are
nominated by the Governors of the School),
it nevertheless works with other bodies
connected with governance and funding of
Archbishop Tenison’s School Croydon.
These are the Governing Body (the
Governors of the School), and the School
Foundation (controlled by the Governors as
trustees) which holds some relatively limited
financial assets on behalf of the School.The
school Governing Body has four types of
Governors, those appointed by the
Archbishop of Canterbury, the Diocese and
the Croydon Deanery (who are all known as
Foundation Governors), Ex-Officio
governors, Co-Opted Governors and those
appointed by the Local Education Authority
and Parents.
Some trustees are also donors to the trust,
giving a total of £500 in the year. The
trustees do not use their contributions for
any influence and in any case the amount
given in 2021 is not material to the trust
income and expenditure.
One of the relatively new trustees raised
several questions and concerns about how
the trust is run, bringing a new perspective to
complement the experience of long-standing
trustees. Responses to the questions and
concerns were documented, and an
additional risk to the trust has been added
into this report compared to previous years
regarding the decision making for financial
commitments.
A meeting was held by the interim chair with
chair of governors and School Head Teacher
in early December to review the work of the
trust and to improve the communication
between trust and governors, and as a result
recommending that a governor become the
new chair of the trust (to be actioned in early
2022).
Other

Reference and Administrative details

Charity name ARCHBISHOP TENISON’S SCHOOL (CROYDON) DEVELOPMENT
TRUST
Other name the charity uses
Registered charity number 282496
Charity’s principal address Archbishop Tenison’s C E High School Croydon, Selborne
Road, Croydon CRO 5JQ

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20		 Trustee name Office (if any) Dates acted if not for whole
**year **		 Name of person (or body) entitled
to appoint trustee (ifany)
Marie Winter Chair 1/1/21-8/11/21 as chair
Simon Smith
Trevor Hill Treasurer Interim chair from
8/11/21
Tanya White
Steve Ruddy From 13/9/21

– Corporate trustees names of the directors at the date the report was approved

Director name There are no corporate Trustees

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
The Trust holds no property

Funds held as custodian trustees on behalf of others

Description of the assets No funds are held as custodian Trustees on behalf of others held in this capacity

Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser There are no advisors

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

The Charity has no staff. The Charity pays for no financial, secretarial or other support, and all such activities are undertaken by either the Trustees or parents or friends of the School on a voluntary basis.

Exemptions from disclosure

Reason for non-disclosure of key personnel details

N/A

Other optional information

Declarations

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

Trevor Hill		 Simon Smith

Treasurer and trustee		 Trustee
31 March 2022
31 March 2022

CHARITY COMMISSION FOR ENGLAND AND WAIES ARCHBISHOP TENISON'S ICROY()ONI DEVELOPMENT TRUST 282496 Recei tsand ments accounts CC16a Forthe period 31 12.21 Section A Receipts and payments Unrostricted fund8 Restri¢ted fund• Éndowment fund8 Total lund5 Last yor noar•t£ io th• n•arnbi£ toth• ttsth• haNtÉ iotho A1 Rvcel Gfft Don￿￿mI Othvf gift84n¢ FutsJrakiw eveM8 81nk I￿gr•￿i 16,786 20,786 0,824 16.994 6,400 38 Arwan $mlleduTralkns Gffi ¢laim$ m￿¢1￿ w•wwyvJr 202040 Gfft Aid clairn 2021 Q1 Aldcikim 2021 Q2 Ghl Aldclalrn 2021 rJ3 Grft Claim Puthaso ol J¢hwl hiJtorytAxk R•lutn ￿ Ihwèsiment* Sub totallGross incom& lor 41 Jo 4,227 1,004 2,172 962 9?2 1.250 1• 474 474 473 AR) 21.11• 6.280 32,3#• 28,167 A2 A8••t and In¥o$tm•nl •4kn, See tablel. Sub total Tot•lr•¢•lpts 26,119 6.280 J2,31• 28,167 A3P8 Grart 10 Dloum mlnt•nwK•fundl20211 13,951 Con7ulloncyffj•i P•yrMniw Ind•pendent EVMI￿r Gr4M 10 ichool loi h•ad le•chei wlec48 3,BQO 260 0,000 33,042 ar1￿ ￿ thl ￿ behrdfol Fourth Ilding co￿1 Z020 Jllding rrorn •ur(Thw 2021 m8defui c<xTyrt•rA Don&t￿n mad9forthw1al￿¥ S,575 6,376 5,675 6.376 8.280 6.280 Sub totsl 24,147 0,2BQ 30,427 69,010 A4 A888t and Investmont Pufchases, Isee table) Sub total 24,147 6,280 JON27 59,660 Nel ofrecwpts/(payments) A5 Transfers between funds 1,972 1.972 31,494 A6 Cash funds last yearend 41,705 43,677 41.705 43.677 73.200 Cash fvnds this yearend

Section B Statement of assets and liabilities at the end of the period Unrestrictsd Restrietèd funds Endowmeot Categorles DetaiLB rt4rtst£ +wrex£ b) B1 Cash funds 17,382 22238 Totsl ¢ash funds 43,6TT Endowment fund5 nds b)4war•6t£ Details Grftabl Ckxc21Tr1 B2 Other monetsry assèts 1.059 FundtOwhKh CurrEnt￿lUe Details B3 Investsnent assets CCCharfty Fund 18,391 cunrrrt￿llE lopti¢yna Details B4 As8ets r8tained forthe charity's own use B5 Liabiliti•s 15 Miy2022 Cwtrltrrtrtl(￿ to 2022 10.ODD Siynod by one orrwotrust*s tth&fof811 thetrLÉtees Signalu Print Name Date of ap(w¥al 31,3.Z2 SWoA/ S/M/

11 April 2022

adventus accounting solutions Supporting Charitable Organisations

Independent Examiner’s report to the Trustees of The Archbishop Tenison's School Development Trust, Charity commission number 282496

I report on the accounts for the year ended 31 December 2021 which were set out on the documents provided to me.

Respective responsibilities of the Trustees and Independent 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 this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to

Basis of Independent Examiner’s Statement

My examination was carried out in accordance with the General Directions given by the Charity Commission. 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 the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

adventusaccounting@btinternet.com 07523 622979 www.adventusaccounting.wixsite.com/website

Independent Examiner’s statement

In connection with my examination, no matter has come to my attention:

Yours sincerely

Martyn Burt

B.Sc.(Hons), ACMA, CGMA

adventus accounting solutions Ashby Acres Chapel Lane Ashby-cum-Fenby Grimsby DN37 0QT

e-mail: martyn.burt@btinternet.com or adventusaccounting@btinternet.com

Telephone: 07523 6229679

adventusaccounting@btinternet.com 07523 622979 www.adventusaccounting.wixsite.com/website