Sir Henry Fermor Trust Annual Report For the year ending 31st December 2024 Charity Name: Sir Henry Fermor Trust Registration Number: 306412 Address {for communication): 5 Pleasant View Road, Crowborough, TN6 2UT Trustee Names: Stephen Rees (co-chair, trustee) Pamula Jones (co-chair, trustee) Roderick McKenzie (trustee, Charities Commission contact) Karl Scholten (trustee) Fiona Cattermole (trustee) Martyn Garrett (trustee, Crowborough Town council rep) Alan Penney (trustee, Crowborough Town Council rep) Structure: The trustees meet approx. three time a year being led by one of the co- chairs with at least four trustees needing to form a quorum. Each meeting has an agenda following which minutes are published and subsequently approved at the follow meeting. New trustees who are nominated are approved by the Parochial Church Council of All Saints Church, Crowborough, and also at a meeting of the Trustees. The exceptlons to thls are the two Crowborough Town Councll representatives who are nominated by Crowborough Town Council. Objectives and Achievements: The ongoing objectives of the trust are to financially support the COE Sir Henry Fermor School in Crowborough as required. Requests are made by the school for consideration by the trust. The school has approached the trust on several occasions through 2024. One project to financially support a new nursery school at the Fermor School has been approved by the trust. The timings for which are being determined by the on-going planning processes.
Financial Review: The financial position of the trust is reported at each meeting of the trustees. In addition, the annual finance report and accounts are reviewed and approved, usually during the September meeting, to enable submission to the Charities Commission. For 2024 these were reviewed by the trustees on 15 th September 2025. Roderick McKenzie Trustee Date l&gop Ig Trustee Date | l 2oFr
Sir Henry Fermor Trust Report of Financial Activities For the year ending 31st December 2024 Report to the Trustees for the year ending 31st December 2024 For 2024 there was a revenue surplus of £21,998. This was a result of the increased rent that had been received throughout 2024, the income from investments, and limited work being undertaken on School House In terms of nett assets as of 31st December 2024 there has been an increase of £21,998 The value of the Bond and Equity funds has increased slightly by £984 compared to December 2023. There was an increase in the Bank Balance of £21,015 compared to December 2023. There has not been a re-valuation of School House and remains at £54,273 as it has for several years. Roderick McKenzie Trustee Date Trustee Date
SIR HENRY FERMOR TRUST Statement of Financial Activities Year Ending 31° December 2024 l. Accountlng Policies a) Basis of Accounts The Accounts have been prepared under the historic cost convention and in accordance wlth the Applicable AccountSn8 Stsndards and Ststement of Recommended Prattice. bl Tangible Fixed Assets The cost of the ori8lnal School House and the land on whlch St stands Ss not known. The replacement value of the house for Insurance purposes Is £621,596 las of Oec'24) c) Investments These are shown at the market price at the balance date {31Dec'24) Black Rock BLK Charltles UK Bond Fund A Inc. Value £65.425 BLK Charltles UK Equity Fund A Inc. Value £147.756 dl Investment Income Investment income is Included in the accounts when received el Trustees No remuneration or other beneflts were pald to Charlty's Trustees or people connected to them. 15>¢ 2 1 s fyl-enlth Zf TLUSTEL
Slr Henry Fermor Trust Charty Numbef: 306412 Year endbng 31# Decemtw 2024 Pr0V5 Year -JTanglble Assets , In¥tstment5 Y.273 65,426 147,756 54,273 School House 68.455 81*Ro¢k 143.743 81xkRo¢k 8ond Fund Equfjty Fun(1 Cuirent A55ets Bank Balance 36.461 15,446 CAF Total Assets 303.916 281,917 Curf•nt Ll•bllld•s Loan reyyments l•llln8 due thIrt 12 months T•rm U•bS11ts Loan repayments l•llln8 due •fter 12 mont 303.916 281,917 Decrease In Nett Assets durlng Year 21,999 Mode up of.. Galn Iresourcesl 21,998 Dlffer•nce i£ugfEG iovrrci Ir Jy gr
Slr Flenry Fermor Trust Charity Number., 306412 Year ending 31st December 2024 Previous Year Incomln8 Resources Dlvldendl Investments Income Rental Income Misc Income Accrued Income on Investments Bank Interest 7.771 16,408 43 7,544 7,836 8,621 66 53 Total Income 25,259 24.067 Resources Expended Dlrect Charitsble Expenditure School Repalrs and Expenses School House Repairs & Expenses Bank Charges Legal Costs Mlsc Expenses Refund of expenses to tenant 3,196 65 28,452 74 361 Mana8ement & Admlnlstratlon Donatlon to school Total Resources Expended 3.261 28,886 {ShortfallllSurplus for Year 14.8191 -ffvfj&£.
Inde endent examiner's re Charit No 306412 ort to the trustees of The Sir Henr Fermor Trust Re I report on the accounts of the Trust for the year ended 31 December 2024. Res ective res onsibilities of trustees and examiner The charitys trustees are responsible for the preparation of the account5. The charity's trustees consider that an audit is not required for this year under section 4312) of the Charities Act 1993 {the 1993 Act) and that an independent examination is needed. It is my responsibility to: Examine the accounts under section 43 of the 1993 Act; To follow the procedures laid down in the general Directions given by the Charity Commission under section 43{7)Ib) of the 1993 Act; and To state whether particular matters have come to my attention Basis of inde endent examiner's re ort My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes 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 items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view; and the report is limited to those matters set out in the statement below. Inde endent examiner's statement In connection with my examination, no matter has come to my attention: (l) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 4 of the 1993 Act; am-d to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act have not been met; or {2) to which in my opinions, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Name". Carol Mccarthy Relevant professional qualification or body: FCCA c£I0I12?25 Address: 8 Greene Park Place Crowborough, East Sussex TN6 2GL