ST CLEMENTS AND ST JAMES SCHOOL TRUST REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF THE ST CLEMENTS AND ST JAMES SCHOOL TRUST FOR THE YEAR ENDED 31 MARCH 2024
ST CLEMENTS AND ST JAMES SCHOOL TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The trustees present their re[ and finanual staternents for the year anded 31 March 2024. Reference and administntive details Charity namo: St Clements and St James Sd)ool Trust Charlty registrntion no. 294125 Trnstees.. Natslie C@Y Meriel Crawford-ma Rev Samuel McNaty£ross Chadotte O'Brien Ros Sarhei Sarah Bouette Rev Gareth Wardell LaFa Manner5 Gunnel Wetrord Independ•rrt Examlner. Angela Ktistakis GMAX Services rnited Rat 1. 26 Lan8d0e Road London W113LL Bankers". Bardays Bank LeirEster LE87 2BB
Structurej govemance and manag8m St Clement and St James School whose pupils the charity supports, is run by a Board of Governors who through that role aiso serves as tTUStees ol the charlty. The school is now part of a WKter federation. and during a meeting on the 21 ol May 2024 the trustees agreed lo aprx)inl a rrrinimum of 3 federatton govemors- alowJsKle the ExecLrtive Head ol the Schcx)l- to seNe as trustees rrK)ving fopHard. This change has been toMled ty upjating the original gK)veming document, registered Wtth the Charity Commission on September 23, 1985. The amendment has thereafter been submitted lo the Chartty CorrTrmission. Objectlves and a¢tfvi11oS The charitable obiects are the rKomotion of edueation fincfuding lat and phys training) of children attending as pupils al St Ctements's St James. Church of England School, who ar8 in ne&J of financiat assistance. mmary ot the maln achievements ot the Charlty durlng the last year Famity Support Worker The school has recc#Jnised the continued high need for targeted SUFwf for pupifs who ar8 anxious or struggling wmh dysregulathjn. To strength8n supKM)rt for these children the charity has been plea1 to fftrwcity a scknLlths&Y Famity Suppjrt Worker. This role has bwed lor the Family SupFort Workgr lo o)llnecl vlith children thrgughout the dty and offering a Cruci biidge between the s¢Kfyl aTrJ families. Through meetirYJ parents * the inning and etKI of the day they can help wtlh accessiThJ support from KKial semces and local charities aifowirKJ ft)r a 11$¢ approach to eath thikl's overall well-betro arKI ability lo absorb as as pcwible of the e(catIon the s(wl offers. BTeakfast Club The trust has continued its supwrt for the breaklasl club, prowding tree bageL8 every momiThJ ajknving children WTr had not eaten at home to slart the day with a meal. This small but impactful initiative has hel)ed d¥ldren start their day nourished, which has contributed to improved ContraIl0n as well as attKarKt and punty. Holiday Actives SCI1 Trips The trust it has been commttted to ensuring that the F)upils have acce5S to free. enrtching experiences outSKle of the dassrcK)m. particularty durtng schc¥)I holidays. Thanks lo Ihe generosty of donors. the thallty has been able to prowde tree and engaging actrvitjes during school holidays, ensuring that the chiklren continue to grow arKI leam even when school is not in sessron. One of the highlights ol the sch(1 year for the trust is the SFn[j of a $C01-wIde trip to see a Christmas pantomime rIo[ManCe. For many pupiLs this is a first-time experience not On brings joy and excilement bul aiy4) SUFPNts to the schcol's high ambilions to 8xpand the chiklren's Calltur horizon and arprectatron of the arts. Addilionajty, th8 trust has ensur&J Ihal all thibjren ol Year 5 and 6 are abl8 lo take part in the end ol year four-day Cjntysjde residential trip. Apart from having a lun play time and hepJthy outdoor exercise the tr7 prowdes the d)iklren with rtch opwrtuniti85 to develop new sknlls, build iheir confmlence and experienc8 ifKlependence away from h)me. The trip is a valuable part of the school's miss*Jn for fostèr we11-roundl indrwduaL8 are confident In themsofves and their abilties.
Reserves policy The trustees have estabfished a policy WhebY the unrestricted funds not commrtted or invested in tangible fLxe(l assets {the tree reserves) held by the charity should be between thre8 and six months ol the unrestricted reg)urces expended. Flnancial rovle Income for the year totaled £75.282 and experKlilure £63.527. The net surplus on unrestricted funds for the year was £1.740. There was a defktt on permanerrt endowment funds of £2,507. AI 31 March 2024 the chlty had free funds not tied up in fixed assets of £76,405 arKI p8M)ellt endowment lunds carried forward 01 £128.109. Statement of trustee8 responsibilities The trustees are required to propare financial statements that gwe a true and fair view ol Iha state ol the affwrs of the charity as at the balan sheet date, and to reeord its incoming resourcEs and the 4)plicab"on of rgsources, inctuding inwrre and expendtture, for the financial year. In preparrng those finla1 slatements. Tru*ws shoukj folk)w $t practice and: select suitabl8 acwunting w11c and 8ppty them nsIstent. make sound judgements arkl estimates that are reasonable and prudent; and prepare the finanaaf statements on a going o)ncem basis unless it is inappropriate to assume that the charity will continue on that basis. The Iruslees are restK)nsible for mWnIning proper acLx)unling records which disclose reasonable accuracy atany time the financial positton of the charity and enables th&m to ensure that the financial statements mplY 7Mth the Charities Act 1993. The trustees are also responsible for safeguarding the assets of the charity and hen for tthng reason8bl8 steps tor the prevention and detion of fraud arxi other irTegularibes. Public efit statement The trLths con)Imi that they have complred vrith the duty in seCtiC 4 of the ChaTities Act 2006 to have due regard to the Chaiity Commission's general guidance on pubfic benefrt. "Charitse5 and wblic benefir. financtal statements have tEen prepared in accordance with the Statement of R0MMended Pr8cbce- Acu)unts"ng and RepottiThJ by Charities {i5sued October 20191. Approved by the Board of Tnts on .. ..... . by. d signed on their bghair Trus
ST CLEMENTS AND ST JAMES SCHOOL TRUST REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF THE ST CLEMENTS AND ST JAMES SCHOOL TRUST I report on the accounts of the Sl Clemenls and St James School Trust lor the year ermjed 31 March 2024, which are sel out on pages 2 10 3. Respectlve Responsibilities of the Trustees and the Independent Examiner The Tnjslees are responsible for the preparation of the accounts.. you consider that an audit is not required this year under seclion 144{21 of the Charities Ad 2011 (the 2011 Act) and that an independelll examination is needed. 11 is my responsibility lo.. examine the accounts under section 145 of the 2011 Act.- to follow the procedures laid down in the general Directions gNen by the Charity Commission under section 145(51{b} of the 2011 Act". and lo slate whether parttcular matters have come to my attention. Basis of the Independent Exarninevs Report My examination was carried out in accordance wtth the General Directions given by the Charity Commissioners. An examination indudes 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 rtems or disclosures in the accounts, and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and eonsequenlly no opinion is gven as lo whether the accounts preserrt a 'tnJe and fair view, and the report is limited lo those rnatters sel out in the statement below. Independent Exarninerfs Statemènt In connection with rny examination. no matter has come to my attention which gwes me cause lo believe that in any material respect.. the accounting records were nol kept in ac(x)rdance with Section 130 of the 2011 Act: and the accounts did not accord Ythh the accounting records", the accounts did not comply the appltrcable requirements con¢eming the form and content of accounts sel out in the Chariles (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fai¢ view which is not a matter considered as part of an independent examination. I have no concerns and have come auoss no other matter5 in connecbon wtth the examination to which allenlion should be drawn in this repcKt in order to enable a proper understanding of the accounts lo be reached. Angela Ktistakis, ACA. FCCA GMAK Services Limited 42 Crescent Lane London SW4 9PU ZF ?&£L. 20 2
STCLÈMENTS ANDJAmEs5cHO0L TRUST STATEMENT OF FINANCIAL AcnvmES FOR THE YEAR ENDED 31 MARCH 2024 Llnrestri¢ted Funds Restrthd Funds Permanent Endowment Funds Total 2024 Total 2023 Incorning Resources Dnildends on UK uTrtttrusts Interest on bank dewsit5 Hire of preffle5 Other Peter Rabbif Garden Don3tlOll5 Total Incoming Resour 4,342 4.342 4.234 8.110 8,110 11,2(K) 30,474 45.908 40.565 53,017 13.265 22.265 53,830 75.282 Reswrces Expended Chariiable expenditure-. Grants payable Education & teachingexpensos Staff pre5ent5 & hosprtaltty Contribution to nursery Sthool donation Nurtu Room Edible Garden 8reakfast Club Other projects Peter Rabbtt Garden Crisis SUPlXJrt Hire of premises Repair5 Sundry Fundraising con5ultanry Governantr costs Accountanev Insurance 3.6LK) 410 2,250 410 2.485 31,524 4.633 10,529 2.200 2.250 12.rn 11.200 25,029 11,2CKI 1.3CN) 27.610 28.610 I,fyJo 96 Total Resources ExpÈnded 51,278 12,250 63.527 80,936 Net Incomlndloytgolng) IleslwrS before transfers Trnnsfers bÈtween funds 1.740 10.0 11.755 2,137 Net In(Dming loutgoinglResources for the year 1.740 10.0 11.755 2.137 Recognised gains/llossesl Unreallsed 8atn5/lk$e51 12,5071 12.507 7.739 Net mOvent in Funds transfÈr between funds Fund Balan5 broughtfon¥ard at IAwa 20ZI 1.740 io.ois 12.S071 9.248 9,876 49.3(M) 15.350.(KJ 132,087 196.737 169,441 Fund Balan t4rTied fonward at31 MaKh 2024 51.040 25.365 129.58D 205,985 179,317
ST aEMENfS AND STJAMESSCI•)OL TRU ALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2024 UnresDicted RE5th(ted Funds Funds Pemanettt Endowment FU1$ Total 2024 Total 2023 Nxed Assets Investments.. Perrnanent Endowment Funds Unrestrltted Funds 128.109 128.109 127.297 128.109 128,109 127,297 Current A55ets Cash at Bank 83.718 L5(M) 85.218 105.742 Creditor5 Amounts falling due within one year 17.3431 17.3431 153.7221 Net ¢wirent455ets 76,375 1.5(K) 71,875 52.020 Total Asseis Le55 thrrent knabilities 76.376 1.5(M) 128,109 205,985 179.317 Funds 51.040 25.365 128,109 205.985 179.317 Approved by the trustees on and signed on thelr behalf by.. (26AJ Trust