2021-12-31-accounts - Clarke Educational Foundation

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CLARKE'S EDUCATION FOUNDATION Trustees Annual Report and Accounts Year Ended December 2021 Charlty Number 307308 Clarke's Education Foundation provides educational grants to schools, youth organisations and indiwdual residents of the parishes of Wokefield and Stratfield Mortimer in West Berkshire and Mortimer West End in Hampshire. The prlnclpal reclplents of grants are unlverslty stu(lents who are 5UPPOrted throughout thelr first three years and the trustees revised these grants upwards slgnlflcantty thls year. Grants are also made available for educational purposes to: local schools to cover Items not available from the Local Education Authority; other organisatlons suth as Scouts and Guldes. Matu students; apprentices and for vocab.onal training. The charbty owns part of the land on whlch Mortlmer St Mary's School Is built, the School House and Its garden. Followlng a number of urgent repalrs In 2020, the trustees commlssloned a survey Into the general condltlon of thls 150+ year old bulldlng. Thls revealed a programme of works to be carrled out over 5 years estlmated at cÉ35,000. The charlty derives Its Income from rentlng the School House to tenants, modest Investment interest and, In 2021, grants from Strntfleld Mortimer Rellef In Need Charity and Straffield Mortlmer Fairground Charity. In 2021, Clarkes supported 17 { 18 in 2020) universlty students wlth bursarles amountlng to £8650 (£6950 in 2020) thanks in a large part to the efforts of Trustee Mollie Lock. The charity made a further £3065 {£3682 In 2020) worth of grnnts to a varlety of educatlon related projects induding: s(hool trips; books for s(hool leavers and local Scout groups. The charity has funds invested in two Charities Offioal Investment Funds {COIF). As at Dember 2021 the COIF Deposit Fund balance stood at £19679 (£19667 In 2020) with the COIF investment Fund at £50255 (£44012 in 2020), satisfattory Increases over the 2020 figures. Chalrman Richard Thome

CHARITY COMMISSION FOR ENGLAND AND YIALES CLARKE EDLICATIONAL FOUNDATION 307308 Receipts and payments accounts CC16a Fortho p•riod from 0110112021 3111212021 To Section A Receipts and payments Unr•stri¢tsd funds t•lht Restricted funds Endowment fvnds Tot1 funds L•st y•ar ¥ the nollM¥t£ J thD n•are•t£ Its lh• nor•btÉ its th• nDArn•le A1 R•¢•i Dkmdend Rad Donthn8 Rent Grants R•tumed 1,212 15.510 1S540 950 Sub total(Gntss income for AR) 40.282 40,212 A2 A•••t and inv•tm•nt Ml••. Sub total 40.282 40,282 A3 m•nts 1,3 1.350 8.650 3.065 49) Burnaii Giant onorafiun 3,CllS Induiance Mntgnan¢• Sundne• Rwl (Re) 14.400 14400 100 Sub tot•1 28.791 28,791 A4 Asmt and inv••tm•nt pUr¢hs••,{s tsbl•l Sub total 28,791 28.791 Net of recelpts/(payments) A5 Transfvrs between funds A6 Ca•h lund• la•t y•ar •nd Ca•h fund• th1* ye•r end 11A91 29,665 29.666 41.166 CCXX R1 a¢o)unts ISS) 1 2021 CC18a knunts Submiswn ¥eK%on 3Jlsx 11ffj3r2022

Section B Statement of assets and liabilities at the end of the period Unr•stri¢t•d funds Endowmont funds to n•arest£ Catègories Dthils funds t nNr•stt B1 Ciih funds 41.15B Total cash lunds 41.156 a)) Unr••trlct•d fund• > n••te Endowm•nt tund8 to n•aret£ funds Ctail• COF t)qw4F¢tsNJ lo n•ar•st¢ B2 (Xh•r mon•lary asut• 19,879 In¥••bMnt Fund ,28S Ftsnd to ¢o•t lop1 Curr*nt ¥4• DÈtail$ B3 Inv••tm•nt as••l• Fund Cuvr•nl valu• Delai15 b• ¢oAtIoFthn• 84 Aslets retalned for th• charlty's own u Fund ty>whlBh Details BF Llabllltl•8 SwJn•J by one or trustt88 on behalf of all Iho truste8s Signature Print Name D4t¢ of roval R. Thorno 2oZL CCXX R2 accodnts ISSI 2 2021 CC16a Ntrsknn 3$m 11n)3r2022

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 to31st December 2021 7 March 2022
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: 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
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

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