Trustees’ Annual Report for the period
From 01/01/2021 To 31/12/2021
Charity name: The Christ Church Trust
Charity registration number: 298004
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The advancement of the Christian religion, particularly by the support of Christ Church Cockfosters |
| 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 |
We own two properties which are rented to Christ Church Cockfosters for use by church staff. This supports Christ Church Cockfosters. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees have regard to the guidance issued by the Charity Commission on public benefit. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers 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 | During 2021, The Christ Church Trust owned two properties: 13 Wilton Road, EN4 9DX and 58 Fordham Road, EN4 9AQ. These properties were rented to Christ Church Cockfosters for use by church staff. The ownership and rental of these properties is of benefit to Christ Church Cockfosters as it seeks to advance the Christian religion. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The Trust’s financial position is sound with net assets of £895,120. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The Trust policy is to hold the minimum cash reserve to cover unexpected expenditure. This does not need to be a large amount as the responsibility for the maintenance and repair of the Trust’s properties lies with Christ Church Cockfosters as set out in the Tenancy Agreements |
| Amount of reserves held | Para 1.22 | £8496 |
| Reasons for holding zero reserves |
Para 1.22 | NA |
| Details of fund materially in deficit |
Para 1.24 | NA |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | NA |
Additional information (optional) You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Trust Deed dated 18th September 1987 |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charitable 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 | The Parochial Church Council of Christ Church Cockfosters has the right to nominate Trustees and the Trustees shall appoint persons so nominated to be Trustees. All Trustees shall be on the electoral roll of Christ Church Cockfosters or be a clergyman of the Church of England residing within the parish of Christ Church Cockfosters. |
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 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | The Christ Church Trust |
|---|---|
| Other name the charity uses | |
| Registered charity number | 298004 |
| Charity’s principal address | 3 Wilton Road, Cockfosters, Barnet, EN4 9DX |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Christopher Bird | Chair | |||
| Michael Slevin | Treasurer | |||
| Janet Houghton | ||||
| CraigWard | ||||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| Name of chief executive or names of senior staff members (Optional information) | ||
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
| Signature(s) | {_: |
|---|---|
| Fullname(s) | Cilolls:tu!.l.tdl1-:$ih\S'69 |
| Position(eg Secretary, Ghair, etc) |
cH6,(L |
| Date | \o lr)tv |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| Property | General | TOTAL | ||
| Fund | Fund | |||
| E | t | f | ||
| FixedAssets | ||||
| Property 13Wilton Road Property Valuation {27 October?024} 58Fordham Road Property Valuation {8 September2020) |
675,000 585,000 |
675,000 585,000 |
675,000 585,000 |
|
| Total Fixed Assets | l,16q00 | 1260S00 | ||
| Current.Assefs | ||||
| CashatBank | 8,496 | 8,496 | 6,459 | |
| NetCurrent Assets | 0 | 8,496 | 8,496 | |
| Liabilities | ||||
| CAF Bank Mortgage Repaymentsduewithin oneyear | 14,727 | 14,727 | ||
| CAF BanktVlortgageRepaymentsdueafter morethan oneyear | 362,649 | 362,649 | ||
| 886,624 | 8,496 | 895,120 | ||
| FundsoftheCharity | ||||
| Unrestricted Property Fund | 986,624 | 886,624 | ||
| Unrestricted General Fund | 8,496 | 8,496 | ||
| 886.624 | I496 | 8qs120 | 882,684 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| Property | General | TOTAL | ||
| Fund | Fund | |||
| t | 6L | f | ||
| lncoming resaurces | ||||
| Rent-ChristChurchCockfosters | 25,244 | 25,244 | ||
| Otherreceipts from ChristChurchCockfosters | ||||
| Totalincoming resources | 25,20A | 25,244 |
||
| Resources expended | ||||
| Charitable activities | ||||
| Property Expenditure andCosts | 916 | 916 | ||
| CAFBank hlortgage lnterest (58FordhamRd) | (10,400) | 22,150 | 11 | ,75A |
| BankCharges | 98 | 98 | ||
| Donation toChrist Church Cockfosters | ||||
| Totalresourcesexpended | (10,4qq) | 23,163 | 12,764 | |
| Netincoming{outgoing}resources fortheyear | 10,400 | 2,037 | 12,436 | |
| Other recognised gainsl(losses) | ||||
| 13Wilton Road RevaluationGain | ||||
| 10,400 | 2,037 | 12,436 | ||
| Funds broughtforward | 876,225 | 6,459 | 882,684 | |
| 996,624 | 8,496 | 895,120 |