## **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
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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 yo*r noar•*t£ io th• n•arnbi£ toth• ttsth• h*aN*tÉ 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