CHRISTES HOSPITAL SCHOOL FOUNDATION WINCHESTER Charity Commission Reg. no. 307318
ANNUAL REPORT 2020
Introduction
The Foundation derives from the Will of Peter Symonds made in 1586. Over the years the implementation of the Founder’s intentions in respect of the education of young people has changed from time to time to reflect the changing patterns of educational provision, but the principal objects of the Charity remain that of (a) support for and custodianship of the land of Peter Symonds’ College, a Sixth Form College maintained by the Education and Skills Funding Agency and (b) helping less well-off current and former students of the College and other young people in the Winchester area of Hampshire embarking on studies at institutions for further and higher education.
Financial Report
The principal asset of the Foundation remains the land on which Peter Symonds’ School was built and on which Peter Symonds’ College, Winchester now stands.
The Foundation’s main problem in the past was a lack of funds resulting from the fragmentation of the original charity, firstly when Christes Hospital and the grammar school were separated, and again when the school became a Sixth Form College. Efforts by the Trustees to remedy the situation by disposing of redundant assets were successful, in so far as a piece of redundant land was sold to developers with planning permission in 2013, realising approximately £750,000. A planning application for the erection of three houses on a further small plot of disused land on the outer edge of the College playing fields has been submitted with a view to raising funds to further enhance the Charity’s ability to support its aims.
The monies held by the Charity are now invested in CCLA and one bank, the income from which is used to support projects at the College and the provision of a number of smaller grants to local primary schools, educational events and individual students. Arrangements for the distribution of grants are made by Trustees via email or at meetings. As a current trustee of the Charity the Principal of the College is fully involved in these discussions.
A summary of the Charity’s accounts are submitted separately.
Trustees of the Charity
Mr Scott Stemp was nominated by the Master of Winchester College as a Trustee and appointed at the meeting in January 2020. Mr Michael Vokes stepped down as a Trustee on 31 December 2020 after many years of service and Mr Edward Vokes was appointed at the September meeting to replace him.
Meetings of the Trustees
The Trustees met routinely three times during the year, namely in January in person, and in May and September virtually due to Covid-19 restrictions.
Secretary’s report
1. Accounts
The accounts for the year were prepared and approved.
2. Grants
Several small grants were made during the year. (See details in accounts)
3. Joint meetings
There were no formal meetings between Trust’s representatives and College governing body, but there has been a continuing dialogue between the College authorities and the Trust regarding College development plans for the site and potential student recipients of financial support. The following Trustees were also Foundation governors of the College during the year: Mr Alan Sydney and Cllr Roger Huxstep.
H L Gummerson Secretary September 2021
CHRISTE8 HOSPITAL SCHOOL FCMJNOATION RECEIPT8 AND PAYMENT ACCOUIITS YEAR ENDED 31 DECEMBER 2020
Pap I Independent Examinatbyo Rewt P8ge 2 Rewpts and Payments Arn1 Pag8 3 Statwnwi ofA88ets LiBixlths
Independent Examlnerfs Rewt to the Trustees of Chrlstes Hospftal School Foundation I report to the charlty trustees on my exomingtrjn of ts armints ofts charlty for the year ended 31 D8cdmber 2020 which are s81 out pw 2 to 3. R••ponslblllll•s bwl¥ o( r•pty1 A6 the charity'5 twstso5 you pe roswin6th for the pwaral1L of Ihe A>t8 in acLudaw wlth th& ulromants of the ChArSth A¢1 2011 Ilh8 Acr I rewrt in r68P8Ct of my exsmin8tion of the (knriV8 Kcwnts CWFled (xrt under 8econ 145 of and In c4rry¢ng out my gxamlnakn I have folknwd al fv aFplkabkn tlrth gfvon ty the Charlty Ccrni8J uTrJgr 8e¢tion 145(5Xbl ol the Ad. Ind•p•nd•nt •X•OO •lat•m•nl I have completwj my examlnalion. I ¢mi Ihat no matwlal mattw8 have lo my atttion In connecllon the exaThlnaOon gfving me uSe to beleve that n any matorfal rns[' acccyJntirvJ rncord8 not kept in re8p&X oftho dwrtty 88 rnquirad by 130 of Act: or 2. the counts do Th)18c£oNJ wtth r8¢0 I have no ¢oncem8 arKI have come al¥ no cther mattws In conrth vmh ihe examlnatk)n to [ch 8ttenllon should be dravm in thi8 W)(xt in (ftlef to enat40 a prcpor urthrntanding ofthe 8crounts to be reach8d. Mich8el Tlzerd In8titule of Charter&J A(tcAmtsnts in ELnd & Wal88 xets Audrt SeN•S, Ath&r#a HOLW, 10-14 knth)ver R08d, Hamp6hlm, S023 78S 28.10.2021 P8ge 1
Christes Hosprtal School FoundatloTr RKglpts and PayThnt8 Account8 forth• Y•ar Ended 31 Dec*mr 2020 2019 D•talls Endowmnt 2020 Fund¥ Fund¥ 40.163 Olirn 99 Bank Intwest 30,122 28 30.122 28 40,282 30,150 30.150 750 StLMl8nl Grants SOO P.S.C mu¢ Awards 350 Winchester P8nguinJ 1.000 Prfmary Sthool Grants 200 Chrt8ts6 HostAtsI 814 Indemn In8wgnc• 20.000 PSC Grant 1,038 Accountsnts Fe 4.3 Legal F888 O Sfjcretsrf Fo08 2rKI 200 1,062 48 Tru•loo ReUrnm9nl Gfftg O Pl8nnry AFvIKalk)n F88$ 11,618 11.616 29.050 15.554 15,554 11,212 Net of Relpts arttl P8yTh8n18 51.407 C48h Fund8 L88t Yo8r End 14,596 31225 14.596 62.819 77,21S 31,394 31,394 62,019 Q8h Thi$ Yoar End 44821
Chrfstes Hospltsl School Fwnd•tt•)n Statennt of Assets and Liabilities as at 31 Decern 2020 D•tsllfy 2020 2019 Fund• Funds Cash F Na041 Wesknlnster Bank Deposit Account NathJn Wgstmlnstsr Bank cUrrentAUnt 31.394 31,394 45,821 31.394 31,225 45.821 45,821 Jf ,394 77315 62,319 Charfty V8lu8 and Income FurKI 841,7 041,607 641.607 848,447 848,447 841,107 Land and Bulldln98 (See notes) 3281,095 3.281.095 3281,095 3281,095 3.281,095 3,281.095 Note- Land and lyJilYirgs Ore 8hrym 8t value at th& time Pr CollwJ8 was Incrywraled a8 a &xth fom coleg8. Tha land and buldirvJ8 Brn shown In the oj118 accounts In Iln¢ vAth FRS102 Sedon 15 and noted as t¢lro owngd by the foundatl¢)n. Th* curwt valuo in th& ccltye 8nts for the yoor gntsL131 July 2020 w85 £16238.869. ZR . Zty21 on Sydney. Ch81rn1on Zb......... .ZoKI... John B68 , Trearnr Py3
CHRISTE8 HOSPITAL SCHOOL FCMJNOATION RECEIPT8 AND PAYMENT ACCOUIITS YEAR ENDED 31 DECEMBER 2020
Pap I Independent Examinatbyo Rewt P8ge 2 Rewpts and Payments Arn1 Pag8 3 Statwnwi ofA88ets LiBixlths
Independent Examlnerfs Rewt to the Trustees of Chrlstes Hospftal School Foundation I report to the charlty trustees on my exomingtrjn of ts armints ofts charlty for the year ended 31 D8cdmber 2020 which are s81 out pw 2 to 3. R••ponslblllll•s bwl¥ o( r•pty1 A6 the charity'5 twstso5 you pe roswin6th for the pwaral1L of Ihe A>t8 in acLudaw wlth th& ulromants of the ChArSth A¢1 2011 Ilh8 Acr I rewrt in r68P8Ct of my exsmin8tion of the (knriV8 Kcwnts CWFled (xrt under 8econ 145 of and In c4rry¢ng out my gxamlnakn I have folknwd al fv aFplkabkn tlrth gfvon ty the Charlty Ccrni8J uTrJgr 8e¢tion 145(5Xbl ol the Ad. Ind•p•nd•nt •X•OO •lat•m•nl I have completwj my examlnalion. I ¢mi Ihat no matwlal mattw8 have lo my atttion In connecllon the exaThlnaOon gfving me uSe to beleve that n any matorfal rns[' acccyJntirvJ rncord8 not kept in re8p&X oftho dwrtty 88 rnquirad by 130 of Act: or 2. the counts do Th)18c£oNJ wtth r8¢0 I have no ¢oncem8 arKI have come al¥ no cther mattws In conrth vmh ihe examlnatk)n to [ch 8ttenllon should be dravm in thi8 W)(xt in (ftlef to enat40 a prcpor urthrntanding ofthe 8crounts to be reach8d. Mich8el Tlzerd In8titule of Charter&J A(tcAmtsnts in ELnd & Wal88 xets Audrt SeN•S, Ath&r#a HOLW, 10-14 knth)ver R08d, Hamp6hlm, S023 78S 28.10.2021 P8ge 1
Christes Hosprtal School FoundatloTr RKglpts and PayThnt8 Account8 forth• Y•ar Ended 31 Dec*mr 2020 2019 D•talls Endowmnt 2020 Fund¥ Fund¥ 40.163 Olirn 99 Bank Intwest 30,122 28 30.122 28 40,282 30,150 30.150 750 StLMl8nl Grants SOO P.S.C mu¢ Awards 350 Winchester P8nguinJ 1.000 Prfmary Sthool Grants 200 Chrt8ts6 HostAtsI 814 Indemn In8wgnc• 20.000 PSC Grant 1,038 Accountsnts Fe 4.3 Legal F888 O Sfjcretsrf Fo08 2rKI 200 1,062 48 Tru•loo ReUrnm9nl Gfftg O Pl8nnry AFvIKalk)n F88$ 11,618 11.616 29.050 15.554 15,554 11,212 Net of Relpts arttl P8yTh8n18 51.407 C48h Fund8 L88t Yo8r End 14,596 31225 14.596 62.819 77,21S 31,394 31,394 62,019 Q8h Thi$ Yoar End 44821
Chrfstes Hospltsl School Fwnd•tt•)n Statennt of Assets and Liabilities as at 31 Decern 2020 D•tsllfy 2020 2019 Fund• Funds Cash F Na041 Wesknlnster Bank Deposit Account NathJn Wgstmlnstsr Bank cUrrentAUnt 31.394 31,394 45,821 31.394 31,225 45.821 45,821 Jf ,394 77315 62,319 Charfty V8lu8 and Income FurKI 841,7 041,607 641.607 848,447 848,447 841,107 Land and Bulldln98 (See notes) 3281,095 3.281.095 3281,095 3281,095 3.281,095 3,281.095 Note- Land and lyJilYirgs Ore 8hrym 8t value at th& time Pr CollwJ8 was Incrywraled a8 a &xth fom coleg8. Tha land and buldirvJ8 Brn shown In the oj118 accounts In Iln¢ vAth FRS102 Sedon 15 and noted as t¢lro owngd by the foundatl¢)n. Th* curwt valuo in th& ccltye 8nts for the yoor gntsL131 July 2020 w85 £16238.869. ZR . Zty21 on Sydney. Ch81rn1on Zb......... .ZoKI... John B68 , Trearnr Py3