THE JUDD SCHOOL DEVELOPMENf FUND (Rethred Charfty 239) REPORT AND ACCOU FOR THE YEAR ENDED 31ST MARCH 2024 39 gh Street BATTLE TN33 OEE
FOR ThE YEAR ENDED 31 MARCH 2024 The office oftr Tnthe is at Skinnus. Hall. 8 IX)ww¢ HilL Lm(kn EC4R 2SP. The Ful w&s estsblished by aTtty De•J dad 15 June 1981. goNrnMtig Uftder rhe TTUS¢ Deed ¢apits] and to wlied primarily ts¥wd$ fin#ing proFcts of 4 capital natstse COntKcted with the SCW TutrKid8e. Grants are Thade eitherto the SCI)1 itself. which is"VoluThtsry Aided. urukr the wovisirms ofthe FAlw¢on IW. The Sch1 F(•thtion 4 seprn charity vAJich suppc¢ts the S¢h¢x)I erniYace5 tts Etthwnxnt and Prize fund& The TnL Deed was 10 Fet•iwy 1115 lAx)in1 the Is MaMwgTrnse& itiOllS'.. He4d(exher L4nk GOrIr Mrc tknyle (Chair of GOverTh) Mr H Brown (awir0fC) MrJ C(tstsllo{LinkGovern(rl Mrs K Fanxns {Depury HeJwher) Rtsigrtd 31st Augu 2024 AwKinwl Is X)24 RU1d 31# AuguM 2024 R¢si8ned 314 Au8DM 3)24 The F.5 ow•do A new sPts woiect is in the ¢tyJrse of deVe1wl( to sup¥1 thedeliveryof the hcofs de%tlopmenL plans. Tr Trumee ¢0 ¢ry]iinue ¢0 supwfft th¢ Schwl in fumr¢ (kveI(y£ts so as toensure that the apprc¢)riAte facilities aR avai]abk ftytea¢hing and karnitig thmigknall areas of ts cwriculunL The funds Btthe Thth'sdi5pAal (k) enth)wrtrf fuNts kld bJeCt any As sllown in the accounL% the 1ncrffl tn the )yarV £241477. The cc6ts tLknlluJ £78i1. supwt C(6LS wlled £919 and the lerit of the SdKW)I were £195.450. As at the yearend w] fufvjs StrKAI * £469B)5 with unrrstrKitcd fiThts available fA4QI)18. No investments arc ]d. TrTrnsree CC¢Lfirms that the as wlllch arE nwinly in C tre and adequa to fulfil the FuThl'5 ijbligaii¢xs.
REPORT OF THE TRusfEE The Charity exists solely to supp)n th¢ arwj 811 funds ar¢ thvrA¢d this purpose. Trre is therefore no inntion to hold resetvts. From time unresthcted funds may be accumulateAI it this wiu k to fund a it¢n) of¢xnd1Lurc sh as a new buildiDg. Risk ma£tt The trustee h&$ s(ght to identify th¢ rnajorrisk5 to which the awity is cxFx)5ed and has established systems to ensure that these risks are reviewed are minlTnid Is far p)&8ible. This year. the TTUSte¢ remains cautious with rewd to the pYEdiction of future incom< and forewttng h&$ been adjusted to reflect this far as p)ssible. Futhisin8 ¥Eiviti&s $tsned again in 21Y23. but are 171 not n1ftE pre pandemic kv¢l& parricu]gsly from the families of those year wps wlx> jOid the sc1Kl during the pandemic years. However. some single. large doDations have twight the get)eral kv¢l of donations to acomfortabie level which is r¢Uring. As the chity seeks to enhance th 11,$ acuvity rather than directly fund iu the decre irt foT¢casi funding is not felt kn have any signifKant adverse irnw on the chariWs objectives or on the sch()1'S fan¢141 tM)sition. When fore¢as¢thg futuR kve]s of SUPPXL the th is using the lower4nd &stimot&s of fiithre funding. The Tntee is currently considering commissiontog further Yue4rch inw its )118] th)n0rdalab. and to use tha¢ tesearch w (kvelop a futuft fUndlsIng stsagy for regular giving. Th¢ TTr¢ is resp)nsible for PTeparing the financial statellThts in acaxdance with the Fmancial Repoiting StaThlard applicable in the UK and Ryblic of lttd (FRS I(J2) and applicable law and regulation& The law applicable io ¢lwilies re4uire5 the Tru5tr£ to F(epare fInancia] statellrnts fcf each financial ye4r which give a In and fair view of the of affairs of the chrity of the inming applicatio of resources of the charity f that pericl In preparing those firwicial $w¢mts the Tftt is Nuired to: (a) selttt suitable xcounLill8 policies atld apply them consiSd. (b) make judgements a1 estimates that ate reasonknle and pnmkn b¢¢rt foiEorf subj¢¢¢ to any d¢partw diScld and explained in the financioj statemenrs. prepare the fIrwla1 stalents on a going concern basis unless li is inar4)ropriate w wesume (d) {e) observe the and piociples in the appii¢abie Clwities SORP. The Tnjstee is re5FSIble for keeping accounting [ONdS which dis¢lw with 4$onle the financial p)siuon of the Chatity and which enable5 the TnL4c¢ **ertain the ruw]81 position of the Charity wjd to ensure that the financlal ststeMLS comply with the Charities Act 2011 and the provisions of the Tnts¢ deed. Tr Tnwee is al&) w$1ble for safeguarding the assets of the awity and henL% for ¢aking &Sonable steFs f(x the Preventi and dewion of fra1 a1 other jw1Ill.
THE JUDD SCHOOL DEVELOPMENT FiJND REPORT OF THE TRUSTEE FOR THE YEAR ENDED 31 MARCH 21124 Bfinkers And ProfeM1on Advl8er8 Royal Bank of &otland PJ City Offi¢¢ 62-63 ThreAdfteedle Street LA)ndon EC2R 8LA Fwer & Co 66 Lincoln's Itm Fi¢ldi Lond WC2A 3LH Inthpendent Exsmln¢r• Mannin8ton8 39 Hi8h Str Battk FAst Sussex TN33 OEE Advl*n Marsh Insuran¢¢ Brnk¢rs Capitsl House I-S PeThyThwni iioad Hayw•Jds Heoth West Sussex RH163DU Approved by the Trustte on 2711112024 and signed ryj t¢half of the Th]S by H Brown ChatrDW of Governkng Body J Wood H¢odttadber Pag• 3
THE JUDD SCHOOL DEVELOPMENT FUND INDEPENDENf EXAMINERS REPORT TO THE TRUSTEE OF THE JUDD SCHOOL J report to the ch&rity ¢rus¢ees on my ¢xamlMtion of the a¢cout)ts of theeharity for the ar ended 31 March 2 which are set out on pw$ 5 w 8. Rupectlve Te¥poD5lbllles of trystees Aryd ewlller A$ the eh•rity'$ tsw$t¢¢ of The Judd School Developm¢thi FutMI are responsible forth¢ paratiOn of the a¢wunts in accordance with the requirements of the Charities Act 2011 ('the A¢t'l, I report in respect of my examinarion of the The Judd School Developmeni Furtd #eeounts earried outllrbder ttetio 145 of th¢ 201 l Aa and in ca18 out my exwniniok I hove followed All the applicable Dir¢ciions given by th¢ Charity Commission under section 145{5llbl of th ACL lJthptDdent ¢XADthr's Stfitennt I have compled my ex&minlltion. I ¢orbfinn thai no marial m&tters hAve eome to rny attention in connection with th¢ ¢xaminion giving me caus¢ to believe that in any material respeci: l. ac¢ountin8 records w¢r¢ not keN in r¢spect of The Judd Schcrfjl D¢velopmeni Fund a6 Tequired by $tion 130 of the Aet; or 2. the accnts do not aceord with those records; or 3, the accounts do not comply with the xccountinB requirem¢nts ¢CeeIng frrn ond con10[ accounts set Qui in the Chariiies (Accounts Reports) R¢gulations 2008 other ih2n any requir¢meni thAr the accounts 8ive a 'true nd fair view, which is Ilot a mltter considered os part of an indepndent ex8minAUOn. I have no concerns and have corne a¢ros5 nooth¢r matters in conneetlon wlth the ex4mination io whlch attentlon Ihould b¢ drnwn In thi8 reFtht in order to ¢Dable a proper under51andin8 of th¢ a0¢$ to be reftched. R T K Walsh FCCA Manninwons Chsrtered Accounthnts 39 HiBh Street Ball]e East Sy&Yx TN33 OEE DAt¢:.4ALI¥.... p$4
THEJUDD SCHOOL DEVELOPMFNf Fuf4D $rATEMETr OF FINANCL4L ACTIVITIKS FOR THE YEAR ENDED31 MARCH 2Q24 Fundg Fundj Fund5 21123 20 Donation4 grAfbts al k8Aeies Bank interest 21,557 215,030 236.5SI 5.8 242.477 304.353 2,145 306.498 21,557 220.920 Charirabie activities.. Grants to the Judd School Governance c05Ls 195.450 780 195.450 531.224 935 Supwt ¢a8ts n interest 919 11,195 208.344 208.344 919 1245 8.535 542.939 (Detlclt) for the year 21 J57 11576 34.133 -23&441 Totsl f4nds brought forward T11 tarrkd fonv#Yd 427.472 435.472 671.913 29J57 440.048 469,605 435.472 Paoè S
AS AT 31 MARCH 202A 2023 DeOr5 Cash at bank 3580 26372 41()35 470540 U4bJlltks credito falling due within ODe year 935 935 469(4)5 435472 Ne¢ as*ts 469N)5 435472 Unt£stri¢i¢d funds Restricted filnds 191031 29557 469&)5 199031 Approved by th Tn]stee on 2711 If2024 and SI on behalf of the Trustee by
FOR ThE YEAR ENDED 31 MARCH 2024 Ll B¥sls pratIon The fin8n¢ig] have Fxen wetwe4J ID x¢rKdae with A¢cwffling aThl ReFKKtinsby in accwdance with the Fmall¢i81 Rewtin8 Swthrd applicable in the UK arml Republic of Jre18j (FRS 1021 (efftctive l Juary 2015)- (lltieS SORP (FRS 1tr2)l. the FiDwKiat Repxting 4>plir&le ID the UK and ReblIC of IrelaThl (FRS 102) atmj the awities Act 2011. Tr (Iwity th¢ definiti( ofa pJbli¢ t¢#ty witkrFRS 102. Asts aTrJ li11111¢5 rekvani accc0Jntin8 tKAe& ExFtLdibJre is reco8nised an TcnJal btsi$15 8 liability 15 iThXffVAL Expelldiknwe include5 C(¥JtrilJtion w KCC k 128270 128270 126875 67180 6719A) 4(H349 £195450 £1954) 31224 935 £935 2023 291 261 367 £919 1676 sUJryeXpenseS {including training CLIt5} £2245
THEJUDD SCHOOL DEVELOPMENT FIJND NOTLS TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 Conthiued... 20 2023 3680 £3680 26372 £26372 LF•bllltle8 2024 2023 Creditors fallin8 due within one yw. A¢¢nlS and deferred income 935 £935 935 £935 Twtlo Th¢ fiu 15 a re8iS¢¢red ¢harity, Its inrorn¢ is not liable to dI[t tsKa¢ion. Fund• 801•n Incornlng Rejjour Tran•f•r• B•lanc •1 •t 1 Aprll r••ourc•• •xpend•d 31 Mirch 2023 2024 Unr••lrfclod Fund• Q¢neral Fund 427472 220. {2¢)83441 441048 R••trt¢lt•d Fund Hgnd9rsonGard•n Fund Belong Furtd Grow Fund Tho School Dochjes Fund eooo 20015 20015 1494 8000 21557 TolAI Fuftd• 435472 242477 4695 The Sp111¢ purpose¥ lor ttl¢h the Aastrf¢itéd luThJs aro to bo applled are 88 follo8 .' Hgndgr80n Garden lund is tor the dgvglopm9nt and onhancemenl of th8 Hoadt8ach8r's Garden rga at the Ironl of the school, to provlde pleasant outdoor areas lor slalf and 8ludenls. Learn Fund 18 to pJJpport a¢adgmk proj•¢ts. Belong Furtd Is to Support pa8loral wole¢ts. Grow Fund Is to SUPFQrt bulk11ng wolects. Pagg 8