2025 Annual Trustees Report for Garford Educational Foundation (309825)
Trustee Names: Stephen Forster, Debbie Asher, Alister Leach, Susan Hunt Address: 48 High Street, Easton on the Hill, Stamford, PE9 3LN
FY 2024-2025 was a return to steady state for the Trust. We saw income of £48,127.65, which included rent and recharge for utilities, shared services and insurance.
Costs for the year were £28,071.70, this included £14,026.65 of costs for gas, electricity and water. Fortunately, we continued to benefit from a decision in prior years to enter into a three-year fixed unit rate contract for both gas and electricity.
Excess income over expenditure was used to fund educational grants via our regular grant campaign prior to children and young adults returning to education in September. This year we supported seven village families (more individual grant awards) with grants for uniforms, equipment and transport costs. In total £1,606.00 of grants were awarded. We did not receive enough grants to fully allocate our grant budget and remaining budget improved our cash reserves.
Another significant development was started in this year as we submitted a grant request to install solar panels and batteries via Grantscape (administering grants for Augean who are a waste management company). A grant for £50,000 was awarded in January 2025, subject to further conditions being met and by the end of March 2025 we had issued an invitation to tender for the project to a number of renewables companies.
Jan 2026 footnote: The process to convert the charity to a CIO has taken significantly longer than anticipated. We remain in the process of transferring the assets and registering the land with the Land Registry for the first time. This means both the original charity (309825) and CIO (1202686) are both ‘live’ and we intend to close the original charity as soon as we can.
| RECEIPTS Interest from shares Charibond Charinco Charifund Insurance Refund Recharges: LLN & T21 & Physiofit Easton Pre School rent Hall Hire Recoupment of Capital Grants Received Total receipts PAYMENTS Recoupment of capital- Charibond Accumulated shares Insurance Grants Awarded Hall Refurbishment School Maintenance Light & Heat Water Legal & Professional Sundry Total Expenditure Excess/ -Shortfall of Income over Expenditure |
RECEIPTS Interest from shares Charibond Charinco Charifund Insurance Refund Recharges: LLN & T21 & Physiofit Easton Pre School rent Hall Hire Recoupment of Capital Grants Received Total receipts PAYMENTS Recoupment of capital- Charibond Accumulated shares Insurance Grants Awarded Hall Refurbishment School Maintenance Light & Heat Water Legal & Professional Sundry Total Expenditure Excess/ -Shortfall of Income over Expenditure |
2020 2021 2022 2023 2024 2025 95.76 £ 102.61 £ 80.40 £ 90.67 £ 31.68 £ 41.20 £ 188.53 £ 223.20 £ 178.56 £ 133.92 £ 105.16 £ 136.72 £ 5,178.02 £ 3,999.79 £ 4,650.91 £ 4,821.89 £ 2,977.14 £ 3,132.92 £ GARFORD EDUCATIONAL FOUNDATION Accounts ended 5th April 2025 |
2020 2021 2022 2023 2024 2025 95.76 £ 102.61 £ 80.40 £ 90.67 £ 31.68 £ 41.20 £ 188.53 £ 223.20 £ 178.56 £ 133.92 £ 105.16 £ 136.72 £ 5,178.02 £ 3,999.79 £ 4,650.91 £ 4,821.89 £ 2,977.14 £ 3,132.92 £ GARFORD EDUCATIONAL FOUNDATION Accounts ended 5th April 2025 |
2020 2021 2022 5,462.31 £ 4,325.60 £ 4,909.87 £ 537.54 £ 2,132.45 £ 3,822.22 £ 5,951.02 £ 10,083.34 £ 11,916.63 £ 14,083.29 £ 520.00 £ 110.00 £ 2,000.00 £ 1,250.00 £ |
£ £ £ £ |
2023 5,046.48 7,243.13 12,999.96 50,000.00 |
2024 3,113.98 £ ########## ########## 395.00 £ 4,997.28 £ |
£ £ £ £ £ £ |
2025 3,310.84 1,260.35 31,032.47 12,193.99 330.00 - |
|---|---|---|---|---|---|---|---|---|---|
| 65 £ 3,439 £ 3,779 £ 2,447 £ 963 £ 2,103 £ 211 -£ |
.00 65.00 £ 65.00 £ 65.00 £ 65.00 £ 65.00 £ .38 3,814.57 £ 4,051.32 £ 4,943.53 £ 7,422.55 £ 4,769.97 £ 664.99 £ 200.00 £ 820.25 £ 2,272.60 £ 1,606.00 £ 118,005.53 £ .04 4,342.23 £ 14,864.79 £ 3,224.84 £ 14,184.31 £ 7,604.08 £ .83 2,206.26 £ 5,161.71 £ 8,655.94 £ 8,891.50 £ 10,260.21 £ .04 679.43 £ 1,638.18 £ 3,027.15 £ 3,231.16 £ 3,766.44 £ .96 5,955.60 £ 740.00 £ 1,100.88 £ 1,092.76 £ - £ .60 |
||||||||
| 18,735.64 £ 21,424.45 £ 26,944.18 £ 12,586.65 £ 17,728.08 £ 26,721.00 £ |
£ £ |
75,289.57 139,843.12 |
########## ########## |
£ £ |
48,127.65 28,071.70 |
||||
| 5 .11 .90 |
|||||||||
| 6,148.99 £ 3,696.37 £ 223.18 £ |
-£ |
64,553.55 |
########## | £ | 20,055.95 |
||||
| Transfer to Deposit Account Transfer from Investments Net Movement on Current Account |
-£ £ |
2,000.00 40,000.00 -26,553.55 |
17,186.52 | 20,055.95 | |||||
| Bank Accounts Community Account Business Premium Account |
5th April 2024 Add net movement 23,501.16 £ 20,055.95 £ 2,062.30 £ 30.60 £ |
5th April 202 43,557 £ 2,092 £ |
5 .11 .90 |
||||||
| Total | 25,563.46 £ 20,086.55 £ 45,650.01 £ |
| Bank Accounts | 5th April 2024 | 5th April 2024 | Add net movement | Add net movement | 5th | April 2025 |
|---|---|---|---|---|---|---|
| Community Account | £ | 23,501.16 |
£ | 20,055.95 |
£ | 43,557.11 |
| Business Premium Account | £ | 2,062.30 |
£ | 30.60 |
£ | 2,092.90 |
| Total | £ | 25,563.46 |
£ | 20,086.55 |
£ | 45,650.01 |
Auditor's Report
I certify that the above accounts are in accordance with the books, vouchers and other records. There are no matters to which I wish to draw attention
| Basis of value 2022 Total Fixed Assets Insurance value of buildings School 1,202,000 £ Investments M&G- Charibond A/c 4234 Blackrock A/c 32552 Blackrock A/c 32553 M&G- Charibond A/c 4232 M&G- Charibond A/c 4233 M&G Charifund A/c 13868 Total* |
2020 2021 2022 2023 2024 2025 14,280.81 £ 14,728.66 £ 14,412.36 £ 13,758.78 £ 14,461.20 £ 14,644.22 £ 4,585.35 £ 4,480.05 £ 4,132.26 £ 3,539.38 £ 3,486.41 £ 3,408.56 £ 1,116.59 £ 1,090.95 £ 1,006.25 £ 861.88 £ 848.98 £ 830.02 £ 3,238.67 £ 3,247.34 £ 3,103.01 £ 2,880.07 £ 2,903.47 £ 2,836.69 £ 975.66 £ 978.28 £ 934.80 £ 867.64 £ 874.68 £ 854.57 £ 74,133.69 £ 91,307.34 £ 97,961.25 £ 51,344.26 £ 50,406.46 £ 50,971.43 £ Bid Value |
|---|---|
| 98,330.77 £ 115,832.62 £ 121,549.93 £ 73,252.01 £ 72,981.20 £ 73,545.49 £ |
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CHARITY COMMISSION FOR ENGLAND AND WALES
. Independent examiner's report on the accounts
Section A
Independent Examiner’s Report
Report to the trustees/ ; ; members of | Easton Garford Educational Foundation accounts for the year the year year | 2025 2025 Charity no | 309825 ended (if any)
On accounts for the year the year year | 2025 2025 ended
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| report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 05 / 04 / 2025.
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Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act’).
| report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, | have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent | have completed my examination. | confirm that no material matters have examiner's statement come to my attention (ctherthan-+thatdiselesed-betew—5 in connection with the examination which gives me cause to believe that in, any material respect: e accounting records were not kept in accordance with section 130 of the Act or e the accounts do not accord with the accounting records
| 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. * Please delete the words in the brackets if they do not apply.
Relevant professional qualification(s) or body (if any):
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Address: | W\es\o Cahhine y Wook Swe
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IER
1
October 2018
pection B
Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose.
IER
2
October 2018