2023-12-31-accounts

Trustees’ Annual Report for the period

From 01/01/23 Period start date To 31/12/23 Period end date

Charity name: Southend Church of England Educational Foundation

Charity registration number:310195

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	SCHEME BY MINISTRY OF EDUCATION UNDER CHARITABLE TRUST ACTS 1853 & 1925. TRUSTEES ADMINISTER THE CHURCH ROOMS AND THE CAPITAL PROCEEDS FROM THE SALE OF SOUTHEND CHURCH OF ENGLAND SCHOOL AND DISTRIBUTE THE INCOME THEREFROM IN ACCORDANCE WITH THE SCHEME
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Rooms are let to various organizations: (the NHS, Brownies, Guides, toddler groups, fitness groups, Church groups, local council) and for various local events. Income generated is then awarded in the form of grants to local recipients
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	Not applicable

Additional information (optional)

You may choose to include further statements where relevant about:

	SORP reference
	Para 1.38
Policy on grant making
	Para 1.38
Policy on social investment
including program related
investment
	Para 1.38
Contribution made by

volunteers Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	The rooms are let at a reasonable rate allowing even those in financial need to be able to use the hall. More than £800 in educational grants have been awarded to individuals in Chard enabling them to take educational courses and trips that they would otherwise struggle to afford. The rooms are also used as a community space and warm space to provide a warm and welcoming hub and lunches to those in need in the community.

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	Hall bookings have been steadily increasing over the period and some investments cashed in for professional fees and prep for necessary building repairs.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	For major repairs and maintenance of the building so that rooms can be let
Amount of reserves held	Para 1.22	£5000
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	SCHEME BY MINISTRY OF EDUCATION UNDER CHARITABLE TRUST ACTS 1853 & 1925
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	SCHEME BY MINISTRY OF EDUCATION UNDER CHARITABLE TRUST ACTS 1853 & 1925
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	3 ex officio trustees – vicar and churchwardens of St Mary’s Chard 5 appointed by PCC St Marys Chard A representative trustee who need not be a member of the PCC

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	Southend Church of England Educational Foundation
Other name the charity uses
Registered charitynumber	310195
Charity’s principal address	@St Mary’s Centre, Holyrood Street, Chard TA20 2DN

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	Georgina Vye	Chair
	Vince Lean
	TerryHackling
	Ian Jones
	GaryShortland
	Ingrid Edginton
	Elysse Gray
	Geoff Wilson

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Anne Perez Full name(s) Anne Elizabeth Perez

Position (eg Secretary, Chair, etc)

Date

10/10/24

Financial Statements for the Year Ended 31 December 2023

Total 2023 (£) Cash Funds Current Account 15,771 COIF 5,000 Total 20,771 Receipts & Payments, Year ended 31st Receipts 2023 Letting of Church Rooms 3,102 Dividends 6,736 COIF Interest 215 PCC contribution 1,470 Shares Sold 17,000 TOTAL RECEIPTS 28,523 Payments Cleaning materials 70 Heating - Gas 1,344 Power & Lighting 2,548 Telephone/Broadband BT 1,392 Repairs & Maintenance 897 Insurance 1,315 Cleaner 3,060 Water Charges 126 TV Licence 159 PCC Staff expenses 3,648 Educational Grants 825 Professional Fees 250 TOTAL PAYMENTS 15,634 Net Receipts (Payments) Cash funds last year end Cash funds this year end GENERAL FUND	Total 2023 (£) 15,771 5,000	Total 2022 (£) 2,881 5,000 7,881 December 2023 12,889 2,881 15,771

MAJOR REPAIRS & MAINTENANCE FUND

Balance brought fwd Invested	5,000.00 -
	5,000.00

	2023 end	2022 end
CHARITY CAPITAL FUND
At Market Value	227,466	243,308
At Cost	216,237	228,265
	THE SOUTHEND CHURCH OF ENGLAND EDUCATIONAL FOUNDATION
	Year ended 31st December 2023
	Statement of Assets & Liabilities
ASSETS
INVESTMENTS (AT MARKET VALUE)			227,466
ST MARY'S CENTRE ROOMS
CASH AT	BANK		15,771
COIF CHARITIES DEPOSIT ACCOUNT			5,000
			£ 248,237
LIABILITIES			NIL
	TOTAL NET ASSETS		£ 248,237
Represented by :-
	CHARITY CAPITAL FUND		227,466
	GENERAL FUND		15,771
	MAJOR REPAIRS & MAINTENANCE FUND		5,000
			£ 248,237
	Prepared by :
	Examined by:
	Date:

Independent Examinerfs Report to the Trustees of The Southend Church of England Educational Foundation (Charity Number: 310195) I report to the trustees on my examination of the accounts of the above charity for the year ended 31 December 2023. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under the Charities Act 2011 (the 2011 Act)) and that an independent examination is needed. It Is my responsibility to: examine the accounts (under section 145 of the 2011 Att); to follow any procedures laid down in the General Directions given by the Charity Commissioners (under section 145 (5) (b) of the Act), and to state whether particular matters have come to my attention. Basis of independent examinerfs report My examination was carried out in accordance with General Direttions given by the Charity Commission. An examination includes a review of the accounting records kept by the charlty and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audiL 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 the course of my examlnation, no matter has come to my attentlon: l. which gives me reasonable cause to believe that in any matsrial respect, the requirements: to keep accounting records in accordan￿ wlth sectlon 130 of the 2011 Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act; have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Steve White Steve White Associates Ltd Myrtle House, Brook Street, North Newton, Bridgwater, TA7 OBN 25 June 2024