## **Charity Registration Number 306424** ## **WILLIAM OLDER CHARITY SCHOOL** # **TRUSTEES ’ ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023** ## **WILLIAM OLDER SCHOOL CHARITY Charity Registration Number 306424 TRUSTEES ’ ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023** ## **Trustees** Rev ’ d M Standen (Chairman) Mr R Hobden Mrs A Jones Mr J Nicholl Mr P Gayler ## **Address** The Parish Office St Margarets Church Arundel Road Angmering Littlehampton West Sussex BN16 4JS ## **Independent Examiner** Mr K Stockman 2 Maytree Close Angmering Littlehampton West Sussex BN16 4EZ WILLIAM OLDER SCHOOLCHARITY Charity Registration Number 306424 TRUSTEES. ANNUAL REPORT FOR THEYEAR ENDED 31 DECEMBER 2023 The Trustees present their report for the year ended 31 December 2023 Trustees The Trustees are appointed in accordance with the Deed of Trust {Charit Commissioner's Scheme and Governin Instruments) - and those holding office during the year were: Rev'd M Standen Mr R Hobden Mr5 A Jones Mr J Nicholl Mr P Gayler Objectives and Activities To promote the education (including social and physical training) of children in accordance with the doctrines of the Church of England, in the Ecclesiastical Parish of St Margaret, Angmering, and in particular by means of a Church of England School and otherwise in accordance with the provision of the Scheme. To provide special benefits of a kind not normally provided by the local education authority of the school. To make grants for the benefit of the William Older Play Group (in succession to the Angmering Pre- school Playgroup). To provide special benefits of a kind not normally provided by the local authority for The Angmering School. To promote the education of children and young people who are resident in the said Parish and are in need of financial assistance in such ways as the Trustees thtnk fit. There are no employees and activities are the payment of donations, grants and direct Costs relating to the objects of the Charity. Achievements and Performance During the year the Trust made payments to. St Margarets Church of England School The An8mering School Individuals of Grants towards the costs of educational courses. Financial Review Receipts during the year amounted to £28,601 (2022: £26,963) and the money expended during the year amounted to £26,414 (2022; £9,955). This resulted in a surplus for the year of £2,187 (2022: £17,008) Funds carried fonmard at the end of the year amounted to £6,302 (2022: £5.153) On behalf of the Board of Trustees Rev'd M Standen (Chairman) ## **WILLIAM OLDER SCHOOL CHARITY 306424** ## **Balance Sheet as at 31st December 2023** |**Assets**
Notes
Land
1
William Older Hall
2
Other Property
3
Investments - see below
Debtor
Bank Account - unrestricted funds
Bank Account -
Liabilities
**Capital**
As at 1 January 2023
Add: Net movement of funds I year to 31/12/2023
Funds of the Charity|**2023**
45,000
237,386
81,653
82744
38936
**485,719**
0
**485,719**
479,417
6,302
**485,719**|**2022**
45,000
237,386
81,653
78,030
37,348| |---|---|---| |||**479,417**
-| |||**479,417**| |||**474,264**
5,153| |||**479,417**| Notes: 1. The land is grazing land, north of St Margarets School 2. William Older Hall built 2007 and extended 2014 3. Share of St Margarets School + building improvements |**Investment Valuation**
William Older School Charity
(units)
CBoF (CE) Fixed Interest Security Fund Shares
49568.6 71,750
COIF Charities Investment Fund - Income Units
1
10,955
CBoF C of E Deposit fund
39
**82,744**|67,958
10,033
39| |---|---| ||**78,030**| ## **WILLIAM OLDER SCHOOL CHARITY 306424** ## **Statement of Income & Expenditure- for the year ended 31st December 2023** |**Income**
Dividends
Interest on deposits
St Margarets PCC
Licence Pyt on William Older Hall
Donation
Rent on Grazing Rights
Total Income
**Expenditure**
St Margarets School
Leavers
Educational Visits
Angmering School
Other Grants
Maintenance of William Older Hall
Insurance of William Older Hall
Admin, Professional Fees, Advertising
Bank Charges
Total Expenditure
Surplus of income over expenditure
**Other Recognised Gains/Losses**
Profit/(Loss) on Investments
**Net Movement on funds**|2023
1847
534
6810
18210
600
28001
6456
1145
3500
2350
1816
1487
9660
26414
1587
4715
6302|2022
2,253
44
6,456
18,210| |---|---|---| |||26,963| |||6,500
100
900
1,018
1,299
138| |||9,955| |||17,008
- 11,855| |||5,153| REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF WILLIAM OLDER SCHOOL CHARITY Charity Registration Number: 306424 I report to the trustees on my examination of the accounts of the William Older School Charity (the trust) for the year ended 31 December 2023 Responsibilities and basis of report As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act). I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent examinerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the Trust as required by section 130 of the Act: or 2. the accounts do not accord with the records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. ///t Keith H Stockman 2 Maytree Close Angmering Littlehampton BN16 4EZ Date: