2022-08-31-accounts - John Collings Educational Trust

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Objectiv	es and	Activiti	es
			SORP reference
Summary	ofthe purposes of			To hold the	Trust Fund and its income
the charity as set out		in its		to advance	education for the public
ovemin	document			benefit
Suminary activities	ofthe main in relation to those		Para 1.17and 1.19	Reviewing the potential ofvarious candidates who require financial
purposes	for the public			assistance	with their education and
benefit, in particular,		the		assess in what way the trust can assist.
activities,	projects or			The Trust continues to have an
services identified in		the		impressive	record ofearly selection and
accounts.				assistance	to youngsters who achieve
				good results in both academic and other
				fields. Also,	to support other
				educational	charities.
Statement	confirming		Para 1.18	The Trustees have considered the
whether the trustees		have		guidance issued by the Charity
had regard to the guidance				Commission	on publip benefit and
issued by	the Charity			believe that	they m e criteria.
Commission on public
benefit

Achieve	ments and Per	formance
		SORP rafsrancs
			Continuing		to review the potential of
			candidates		and other educational
			charities	and giving financial assistance
Summary ofthe main achievements ofthe charity,		Para 1.20	to such assisting	deemed worthy; financially two young people with their
identifying	the difference the		educational		fees, and donations to
charity's	work has made to		primary	and	secondary schools.
the circumstances ofits
beneficiaries and any wider
benefits to society ass
whole.

Financ	ial Review	ial Review	ial Review	ial Review
Review	ofthe charity's					Para 1.21	The Trustees consider that the financial
financial	position		at the end				position ofthe charity is relatively
ofthe	eriod						stron .
Statement		explaining		the		Para 1.22	Reserves	are held in as liquid form		as
policy for holding			reserves				possible	to allow immediate	use by the
statin	wh	the	are	held			Trustees	when needed.
Amount	of	reserves		held		Para 1.22	Income is received from dividends.			The
							Trustees	hold cash reserves	which	are
							sufficient	(once the dividends	have	been
							received)	to meet the annual	donations
							and grants. The only 0'tiler regular'
							outgoings	are legal fees and	the
							inde endent examiner's fees.
Reasons for holding				zero		Para 1.22	N/A
reserves
Details	offund materially				in	Para 1.24	N/A
deficit
Explanation		ofany				Para 1.23	There are no current uncertainties			about
uncertainties		about the					the charity continuing.
charity continuing			as a going
concern

Description	of charity's
trusts:
Type of governing document		Para 1.25	Will and Trust Deed
trust deed,	ro al charter
How is the charity		Para 1.25	Trust
constituted?
(e.g unincorporated
association,	CIO
Trustee selection methods		Para 1.25	By appointment ofTrustees' resolution
including details ofany			in a special	meeting called for the
constitutional	provisions e.g.		purpose. In	selecting persons to be
election to post or name of			appointed, the Trustees shall take		into
any person	or body entitled		account the	benefits ofappointing	a
to appoint one or more			person (who	through residence,
trustees			occupation,	employment or otherwise)
			has special	knowledge ofthe area	of
			benefit orwho is (otherwise) able		by
			virtue oftheir personal or professional
			qualifications	to make a contribution		to
			the pursuit ofthe objects orthe
			management	ofthe charity. There	must
			be at least three Trustees.

Policies and procedures adopted for the induction	Para 1.51
and training oftrustees
The charity's organisalional structure and any wider	Para 1.51
network with which the
charity works
Relationship with any related	Para 1.51
parties
Other

	CHARITY COMMISSION fp2 th/GL*iip Ahtp tNAL55	CHARITY COMMISSION fp2 th/GL*iip Ahtp tNAL55	CHARITY COMMISSION fp2 th/GL*iip Ahtp tNAL55	CHARITY COMMISSION fp2 th/GL*iip Ahtp tNAL55	CHARITY COMMISSION fp2 th/GL*iip Ahtp tNAL55	CHARITY COMMISSION fp2 th/GL*iip Ahtp tNAL55		Chadty""'"- John Collinss Educational	Chadty""'"- John Collinss Educational	Chadty""'"- John Collinss Educational	Chadty""'"- John Collinss Educational	Trust					h( (ifany) 287474
									Receipts and				payments		accounts				CC	6S
								For the period from			Period start date 01/09/2021			To			Period end .-: 31/08/2022
		'
	~				~	.	~	~
								Unrestricted funds			Restricted funds			Endowment funds			Total funds		Last year
								tathe nearest 8			tethe	nearest	6	te Ihe nearest		6	to the nearest 8		tothe	aeareats
A1 Receipts
Grace interest
Divide hde										39,686								39,686		19843
Sub	total		(Gross income for AR)							39,687								35,687
A2 Asset and			investment		sales
(see table).
				Sub		total
			Total		receipts					39,68r			-			-		39,687		19.844
A3 Payments
Grants										33,193								33,193		10,416
Donations										41,593							41,593			28,071
Independent	examiners fees									860								660		630
Legal fees										2,152								2,152
				Sub		total				77,598							77,598			39,117
A4 Asset	and	investment
purchases, (see table)
				Sub		total
			Total payments							77,598			-			-	rr,599			39,117
Net ofreceipts(paymenfs)										37,911							37,911			19,273
A5 Transfers		between		funds
A6 Cash	funds		last year		end					48,614							48,614			67,887
Cash funds this				year		end				10,703							10,703			48,614

					~	~		~ ~	~	~ ~
								Unrestricted	Restncted		Endowment
	Categories		Details					funds		funds		funds
								to nearest 8	to	nearest 8	to	nearest 8
Bt Cash	funds		TSBaccount					883
			Berry 0 Lamberts	LLP account				9,920
					Total	cash	funds	10,703
			(agree Calsccss		wtth receipts scd		psymects
						account(s))
								Unrestricted	Restricted		Endowment
								funds		funds	funds
			Details					to nearest 8	to	nearest 8	to	nearest 8
B2Other	monetary assets
			Details					Fund towhich asset belon s	Cost (optional)		Cunent value o tlonal
B3Investment		assets	6000 Holmawood	House Properties			Ltd	General purposes
			Founder Scholarship		1cp shares
			6480 Holmewood	House Properties			Ltd	General Purposes
			21p Bond Shares
			Details					Fund to which asset belon s	Cast	(optional)	Current value o tonal
B4Assets retained for the
charity's	own use
								Fund to which	Amount due		When due
			Details					liabili relates	o	Senal	o	ional
BSLiabilities
Signed by one or two trustees on behalf ofsg the trustees			Signature					Print	Name		Date of 8 val
								Anthony	Herman