CLARKE'S EDUCATION FOUNDATION
Trustees Annual Report and Accounts
Year Ended December 2020
Charlty Number 307308
aarke's Educatton Foundatlon provides educatlonal grants to sthools, youth
organlsatlons and resldents of the parlshes of Wokefield and StraKidd Mortlmer In
West Berk5hlre and Mortlmer West End In Hampshlre.
Grants are made avallable to: local 5th001s to cover ttems not available from the
Local Educatlon Authority; unlversity students durlng thelr first two years; mature
students and for vocatlonal tralning and apwentlceshlps.
The charity owns part of the land on whlch Mortlmer St Mary's School Is bullt, the
School House and Its garden.
It derlves Its Income from rentlng the School House to tenants, modest Investment
Interest and, In 2020, grants from Strntfield Mortlmer Falrground Charoty and
Strètfleld Mortlmer Rellef in Need Charity.
In 2020, Clarkes supported 18 (25 In 2019) untr¥erslty students wlth bursaries
amountlng to £6750 (£10250 in 2019) thanks In a large part to the efforts of
Tnjstee Mollle Lock.
The charlty made a further £3682 (£3884 in 2019) worth of grants to a varlety of
educatlon related projects Indudlng: sthool refurblshments; school trfps; books for
sthool leavers and local Gulde & Scout groups.
The charlty has ftjnds Invested in two Charltles Offidal Investment Funds (COIF). As
at Dember 2020 the COIF Deposit Fund balance stood at £19667 (£19626 In
20191 wlth the COIF Investment Fund at £44012 (£41,387 In 2019), satlsfartory
Increase5 over the 2019 figures.
The summer saw a thange of tenant's in the schoolhouse whith triggered mandatory
checks of the electrfclty supply and central heatlng system boller. The trustees also
took the opportunlty to carry out mlnor renovations. In the course of these a number
of dilapidations were noted and the trustees have commissloned a survey into the
general condition of thls 150+ year old building with a view to identifying any
malntenance needs.
Chairman Richard Thome
CHARITY COMMISSIONCLARKE'S EKXKATIOP4AL FOUPalATION
FOR ENGLAND AND WALES
Receipts and payments accounts
CC16a
For the wlod
01M11rth20
To
31n2Q020
Section A Receipts and payments
Unf•Strh¢t•d
fund•
Rosth¢¢¢d
lunds
Endowment
fund•
Totsl fund•
Lxt
lh• r*Ar•st£
A1 R•¢•1 ts
yblend re¢Ve0
fy*rt
R•nt
Com
1,267
15,
13.109
ii.s
on
Sub tothl(Gmss incom8 for
ARJ
2•,930
,136
A2 A•••t and Inv£m•t ul••.
{#•• i*bl•l.
Sub tot•1
29.930
,936
A3 P•ym•nts
Attounta
125
6750
12s
TOO
Cothiol Tax
Electric
Grants
Honof•rium
Irrturan¢*
648
MamtanCe
Roorn Hire
Swthes
10
103
10
103
Sub tstai
133X*
13320
A4 A•8•t and Inv•atm•nt
purc*, IM• tsblèl
Sub to
13220
13.220
NetOfrecelp(p8Mts)
AS Tran•f•rn ts•t•n funds
A6 fA$h lund• last y•ar •nd
C*sh fvnds this yearend
16,71
16,71
12,961
12,961
Section B Statement of assets and liabilities at the end of the period
Unrestnet•d
funds
R•strTrctad
funds
)wre#É
End4)wm•nt
fund5
WJ noBrest£
Categori•$
Dètails
B1 C•$h fund•
Total eash ftmds
Vnr•$twlct•d
lund•
r*•rwt£
R•itrict•d
lundi
nMwe•tt
Endowm•nt
fund•
to rrest q
Ociails
Fwbj ID
Der3115
COIF tr•oOWt F
Co* lop0¥
Curnt Yal
B3 Inv•stm•nt a•••ts
19.077
44.012
Detai15
Curnntvah•
84 As86ts retalned lor th•
charlty'8 own u
11-
D•tal
BS U•bllltles
Siwed by one or ts¥o tr¢1 on beh•ir
of au IhÈ
&gnalur•
Print Name
Date of
roval
J. ThompsG
30- Lp-?ol
R.Thom•
## **Independent Examiner’s Report on the Accounts**
|Report to the officers/members of
For the accounts
Prepared|**Clarke Educational Foundation**
**Registered Charity no. 307308**
1 Oaktree Cottage, Goring Lane, Grazeley Green, Reading RG7 1NA
For the year to**31st December 2020**
8thFeb 2021|
|---|---|
|Respective responsibilities of
officers and examiner|The officers of the group are responsible for the preparation of the
accounts. The officers consider that an audit is not required and that an
independent examination is needed.|
||It is my responsibility to:
•
Examine the accounts and to
•
State whether any particular matters have come to myattention|
|Basis of Independent examiner’s
statement|My examination was carried out in accordance with general directions as
given by the Charity Commission.
An examination includes a review of the accounting records kept by the
club and a comparison of the accounts prepared with those records.
It also includes consideration of any unusual items or disclosures in the
accounts and seeking explanations from the officers concerning 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.|
|Independent examiner’s statement In connection with my examination, no matter has come to my attention:|Independent examiner’s statement In connection with my examination, no matter has come to my attention:
1) Which gives me reasonable cause to believe that in, any material
respect, the requirements below have not been met:
-
To keep proper and accurate accounting records
-
To prepare accounts which accord with the accounting records and
comply with statutory accounting requirements or
2) To which, in my opinion, attention should be drawn in order for a
proper understanding of the accounts to be reached.|
|Signed|Sroka|
|Name|Sue Jackson FCCA
Working Numbers Limited|
|Relevantprofessionalqualification|ACCA(Association of Certified Chartered Accountants)|
Working Numbers Limited, Chartered Certified Accountants, Registered Office: 12 St Mary’s Road, Mortimer Common, Reading RG7 3UE, UK Company Registration no: 07652174 Director: S M Jackson, FCCA, CTA
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## **Independent Examiner’s Report on the Accounts (continued)**
|Independent examiner’s
disclosures|None|
|---|---|
|Independent examiner’s notes|Accounts are prepared on a receipts and expenditure basis|
|Recommendations||
2/2
Working Numbers Limited, Chartered Certified Accountants, Registered Office: 12 St Mary’s Road, Mortimer Common, Reading RG7 3UE, UK Company Registration no: 07652174 Director: S M Jackson, FCCA, CTA