Charity reglstration number 297846 THE STOKENCHURCH EDUCATIONAL CHARITY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
THE STOKENCHURCH EDUCATIONAL CHARITY LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr A Palmer Cllr. Mrs C Baker Mrs J Po¥MS Reverend M Ackford MrA Nunn (Appointed 13 March 2025} Charity number 297846 Principal address Lawron House Vvycombe Road Stokenchurch High Wycombe Bucks HP14 3RR Independent examiner Azels Audit Services Suites B & D 8urnh8m Yard London End Beaconsfield Bucks HP9 2JH
THE STOKENCHURCH EDUCATIONAL CHARITY CONTENTS Page Trustees, report Independent examiner's report Slalemenl of financial activities Balance sheet Notes lo the financial statements 6-13
THE STOKENCHURCH EDUCATIONAL CHARITY TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 The trustees present their annual report and financial statements for the year ended 30 September 2025. The financial ststemenls have been prepared in accordance wth the accounting policies sel out in note 1 to the financial statements and comply with the charity's governing document. the Charities Act 2011 8nd 'Accounling and Reporting by Charities". S181emenl of Recommended Pmctice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191" Oblectlves and activities The trustees shall apply the yearly Income of the Charity, after payment of all proper costs, charges and expenses relating lo the adminislralion and management of the Charity, ln one or more of the following ways". 1. In promoting the education and training of persons under the age of 25 years who reside in the Parish of Stokenchurch and in particular, bul wilhoul prejudice to the generality of th¢ foregoing in prowding for such persons.. al Exhibitions, bursaries, grants and mainlenanee allowances lo such petsons who are in need of financial assistance tenable al any school, universty or other educational establishment approved for the purpose by the trustees. bl Financial assistance, ouffils. clolhing, tools, instruments or books lo a551sI such persons to pursue their education lincluding the study ol music and Dlher arts), to undertake travel In furtherance the of. and to prepare and train for and enter a profession, trade occupation or service on leaving school, university or other educational eslablishmenl 2. If and in so far as income is not required in any year for application in the manner aforesaid the same may be applied as the trustees think fil lor any charitable purposes for the benefit of the inhabitants of Slokenchurch. The trustees consider that the charity has achieved ils objectives during the year ended 30 September 2025. The Iruslees have paid due regard lo guidance issued by the Charity Commission in deading what activities the charity should undertake. Advertislng During each academic year the Iruslees place notices in local media and public places in the Parish of Slokenchurch inviting applications for grants from residents. Achlevements and performance Investment income generated was £90,560 from which grants of £56,193 were paid in the year in accordance with the directions of the Charity's scheme. After administrative and publicity cos15 there is a surplus for the year of £11,755. Losses totaling £1.92312024.' profil £4,882) were recorded on the sale ol investments. The grant amounts for the academic year 2024125 01 £56,193. paid out In April and July 2025, wefe based on an income of £90,560 as reported in the 2024125 accounts. Financlal revlew R&serves Policy The charity aims lo invest ils capital prudently lo provide income for grants anLI lo protect the initial capitsl investment. 11 does not have a policy of holding cash in reserve. Unrestricted funds al the year end were £3.067,033. Risk Policy The Iruslees have assessed the major risks lo which the charity is exposed, and are satisfied that systems are in place lo mitigate exposure to the majoi risks. Thè eharity's funds are managed by professional fund managers and are invested in medium high risk investments.
THE STOKENCHURCH EDUCATIONAL CHARITY TRUSTEES, REPORT {CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accounts The accounts will be made available for public inspection al the annual parish audit. Structure, govemance and management The scheme for the operation of the Slokenchurch Educational Charity, previously known as the Board School Stoken¢hurch, was approved by the Charity Commissioners for England and Wales on 16 July 1987 and 5 October 1990 The Iruslees, named below, have been appointed in accordance with the scheme, as follows.. 1 ex-officio Trustee, being the current vicar of Sl. Peter and Sl. Paul, Slokenchurch 3 nominative Trustees. Iwo appointed by the Parish Council of Slokenchurch and one by Bucks County Council. each of whom serve5 for four years 2 co-optative Trustees. who through residence, occupation or employment, or otherwise, have special knowledge ol the parish of Stokenchurch, each of whorn serves for five years The Charity is operated in accordance with the scheme. The Charity owned land comprising aPpr0MatelY one acre. the sile of the former Board School in Slokenchurch. That was sold by the Iruslees in June 1988, realising £956,195 after costs of disposal. The trustees who served during the year and up lo the date of signature of the financial statements were". Mr A Palmer Cllr. Mrs C Baker Mr D Dav1S Mrs J Powis Reverend M Ackford Mrs V Nulhall MrA Nunn (Resigned 13 March 20251 (Resigned 16 November 20251 (Appointed 13 March 20251 The Iruslees. report was approved by the Board of Trustees. MrA Palmer Chair of the Trustees Dated. ..J..6.....4. ..2ozg ,
THE STOKENCHURCH EDUCATIONAL CHARITY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE STOKENCHURCH EDUCATIONAL CHARITY I report to the trustees on my examination of the financ1al slalemenls of The Stokenchurch Educational Charity Ilhe Charity) for the year ended 30 September 2025. Responsibilities and ba51s of report As the trustee5 of the charity you are responsible foi the preparation of the financial slalemenls in accordance with the requirements of the Charities Act 2011 (the 2011 Acll I report in respect of my examination of the charity's financial slalemenls carried out under seclion 145 of the 2011 Act. In cairying out my examination I have followed all the applicable Diie¢tions given by the Charity Commission under section 1451Sllbl of the 2011 Act. Independent examinerfs ststement Your attention is drawn to the lact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and RepLJblic of Ireland IFRS 1021 in preference lo the Accounting and Reporting by Charities". Slalement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations bul has now been withdrawn. l understand that this has been done in order for financial statements lo provide a true and fair view In accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confirm th81 no matters have come to my attention in connection with the examination giving me Cause lo believe that In any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act," or the financial slalemenls do not accord with those records., or the fin8n¢i81 statements do not comply with the applicable requirements concerning the form and conlenl of 8ccounls set out in the Charities (Accounts and Reports) Regulations 2008 other than any Tequiremenl that the accounts give a true and fair view which is not a matter Considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the financial slalements lo be reached. Chnslopher Nisbel FCA Azels Audit Service5 Suites B & D Burnham Yard London End Beaconsfield Buckinghamshire HP9 2JH United Kingdom Dated. ..1..6. lo.¥.1202 6
THE STOKENCHURCH EDUCATIONAL CHARITY STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2025 UnrestrScted Unrestrlcted funds funds designated designated 202S 2024 Notes Inc Investments 90,560 88,459 Raising funds 16,454 15.048 Charitable activities 62,352 57.560 Total expenditure 78,806 72,608 Net gainslllossesl on investments 160.127 182,908 Net movement In funds 171,881 198,759 Fund balanS at 1 October 2024 2,895.153 2.696,394 Fund balances at 30 September 2025 3,067,034 2,895,153 The statement ol financial athvilies includes all gains and losses reeognised in the year. A11 income and expenditure derive from continuing activities.
THE STOKENCHURCH EDUCATIONAL CHARITY BALANCE SHEET AS AT 30 SEPTEMBER 2025 2025 2024 Note$ Fixed assets Investments Current assets Debtors C8sh at bank and in hand 2,833.301 2,556.316 11 2,686 238,366 4,635 339,989 241,052 344,624 Creditors.. amounts falllng due wlthln one year 13 17,3191 15,7871 Net currenl assets 233,733 338,837 Total assets le$s current liabilities 3,067,034 2.895,153 Income funds Unreslricled funds 3,067.034 2,895.153 3,067,034 2,895,153 The financial slalements were approved by the Trustees on Mr A Palmer Chair of the Trustees
THE STOKENCHURCH EDUCATIONAL CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accounting poll¢lgS Charlty infomiation The Stokenchurch Educational Charity is an unincorporated charity. 1.1 Aecountlng convention The financial statements have been prepared in accord8n¢e with the charity's governing document. the Charities Act 2011 and 'Accounling and Reporting by Charities." Slalemenl ol Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applic3ble in the UK and Republic of Ireland IFRS 1021 (effective 3 January 20191 The charity is a Public Benefit Entity as defined by FRS 102. The charity ha5 taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bullebn 1 not lo prepare a Slalement of Cash Flows. The financi81 statements are prepared in sterling, which Is the lunclional currency of the eharity. Monetary amounts in these financial slalements are rounded to the nearest £. The finaneial slalemenls have been prepared under the historical cost convention. The principal accounting policies adopted are sel out below. 1.2 Charitsble funds Unrestricted funds are available for use al the discretion of the Iruslees in furtherance of their charitable objectives. 1.3 Incorning resOueS Income is recognised when the charity is legally entitled lo It after any performance conditions have been met, the amounts can be measured reliably, and il is probable that income will be received. 1.4 Resources expended Liabilities are recoonised as expenditure as soon as there is a legal or constructive oblig8tion committing the charity to that expenditure, il is probable that a transfer of economic benefits will be required in settlement and the amount ol the obligation can be measured reliably Expenditure is accounted for on an accruals basis 8nd has been classified under headings that aggregate all cost related lo the category. Where costs cannot be directly attributed to particular headings they have been a11ocaled lo a¢tivitie5 on a basis consistent with the use of resources. Grants offered subject to conditions which have not been mel al the year end date are noted as a commitment but not accrued as expenditure. 1.5 Fixed asset Investments Fixed Asset Investments are slated in the balance sheet at market value al the balance sheet date. 1.6 Going concern Al the time of approving the financial stalemenls, the Iruslees have a reasonable expectation that the charity has adequate resources lo Continue in operational existence for the foreseeable futu. In making this assessment, the Iruslees have considefed the impacts. and expected future impacts, of the Covid-19 pandemic on both the charity and the environment in which it operales.Thus the trustees continue lo adopt the going concern basis of accounting In preparing the financial statements.
THE STOKENCHURCH EDUCATIONAL CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Investments Unrestricted funds deslgnated 2025 Tola 2024 Dividends received Interest receivable 85,870 4,690 78,601 9,858 90,560 88,459 Ralslng funds Unrestricted funds designated 2025 Total 2024 Investment management fees 16.454 15,048 16,454 15.048
ooc)wo al00)0 O Ln¢Do cw* OOOrTr40 O)OrOfO o r Ln (O (D (n u (n fi) r V)
THE STOKENCHURCH EDUCATIONAL CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Support costs Support Governance costs costs 2025 2024 Independent examination fee Postage and stationery Meeting expenses Secretary's honorarium 2,040 2,040 1.920 126 402 3.700 419 3,70D 419 3,700 6,159 6,159 6.148 Analysed between Charitable activities 6,159 6,159 6,148 Trustees None of the trustees lor any persons connected with them) received any remuneration or benefits from the charity during the year. Employees There were no employees during the year. Net gainslllosses} on investments Unrestricted funds doslgnated 2025 Total 2024 Revalua110n of investments Gainlllossl on sale of investments 162.050 11,9231 178.046 4,862 160,127 182.908 10-
THE STOKENCHURCH EDUCATIONAL CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Taxatlon The charity is exempt from lax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 01 the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to it5 charitable objects. 10 Flxed asset Investmenls Llsted Investments Market Value Al 1 October 2024 Addilions Valuation changes Disposals 2,556,316 248,971 162,050 {133,1541 AI 30 September 2025 2,834.183 Carying amount AI 30 September 2025 2,834,183 AI 30 September 2024 2,556,316 11 Debtors 2025 2024 Amounts falling due viithln one year: Other debtors 2,686 4,635
THE STOKENCHURCH EDUCATIONAL CHARITY NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 12 Cash at Bank 2025 Total funds 2024 Total funds Capital fund Income fund Lloyds- 1567504 Lloyds- 2469093 Charles Stanley - 1900870 Charles Stanley- 1900874 Charles Stanle 1900871 Lloyds fixed term deposits 4,261 1,479 8,084 1,255 160,242 20,000 4,261 1,479 51,129 1,255 160,242 20.000 4,717 1,466 12.360 5,653 295,793 20,000 43,046 Total 43.046 195,320 238,365 339,987 13 Creditors: amounts falling due within one year 2025 2024 Accruals and deferred income 7.319 5,787 14 Analysis of ngt assets betweèn fund5 Designated Deslgnated funds funds 2025 2024 Fund balances al 30 September 2025 are presented by". Investments Currènt asselsllliabililiesl 2,834,183 232,850 2,556,316 338,836 3.067,033 2,895,152 12-
THE STOKENCHURCH EDUCATIONAL CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 15 Related party transactions Transactions wlth related parties There were no disclosable related party transactions durin9 the year {2024 - £nill. 13-