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
Tot*1 funds
L•st y•ar
*¥ the nollM¥t£ *J thD n•are•t£ Its lh• no*r•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
M*ntgnan¢•
Sundne•
Rwl (Re)
14.400
14400
100
Sub tot•1
28.791
28,791
A4 Asmt and inv••tm•nt
pUr¢h*s••,{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•are*t£
funds
C*tail•
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 to**31st 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||
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