## **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||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
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## – 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