**THE HENRIETTA PARKER TRUST Charity Number: 312094**
**Annual Report and Accounts**
**Year Ended 31 March 2023**
|**CONTENTS**|**PAGE**|
|---|---|
|Legal and Administrative Details|**3**|
|Trustees’ Report|**5**|
|Independent Examiner’s Report|**10**|
|Statement of Financial Activities|**12**|
|Statement of Financial Position|**13**|
|Notes to the Accounts|**14**|
2
## **THE HENRIETTA PARKER TRUST Charity Registration No. 312094**
## **Legal and Administrative Details**
The principal address of the Charity is as follows:
The Henrietta Parker Trust Molesey Henrietta Parker Adult Learning Ray Road West Molesey Surrey KT8 2LG
The addresses of other relevant officials are as follows:
Representing the County Council as Trustees:
Councillor Clare Curran Cabinet member for all age learners Woodhatch Place Reigate RH2 8EF
Lead County Council Officers:
Francis Lawlor Principal of Adult Learning Surrey Adult Learning Woking Adult Learning Centre Hoebridge Close Woking GU22 9PE
Ms Anna D’Alessandro Treasurer to the Charity Corporate Finance Group Surrey County Council Woodhatch Place Reigate RH2 8EF
3
## **THE HENRIETTA PARKER TRUST Charity Registration No. 312094**
## **Legal and Administrative Details**
BlackRock Investment Management (UK) Limited 33 King William Street London EC4R 9AS Independent Examiner DSK Partners LLP Chartered Accountants and Statutory Auditors D S House 306 High Street Croydon Surrey CR0 1NG
4
## **THE HENRIETTA PARKER TRUST Charity Registration No. 312094**
## **Trustees’ Report**
## **Structure, Governance and Management**
Surrey County Council (SCC) is responsible for managing and administering The Henrietta Parker Trust Fund (HPT), which is a registered charity (#312094).
The Charity is governed by a Scheme from the Charity Commissioners for England and Wales sealed on 1 February 1984.
‘The Board’ was set up early March 2016. It consists of:
County Council as Trustees: Councillor Clare Curran, Cabinet Member for All Age Learning
County Council Lead Officers: Francis Lawlor, Principal of Surrey Adult Learning Phil Evans, Area Business Manager, North
Participation levels continue to recover post-Covid in all subjects apart from digital skills. This offer has been completely reviewed and restructured for September 2024 and early signs are that it is better meeting local need and so attracting learners. Managers continue to be ambitious to provide inclusive learning to enable Surrey residents access education with clear learning pathways. A wide range of courses continue to focus on widening participation by engaging with learners who are disadvantaged by having qualifications below a full Level 2 or no qualifications, who need to improve their skills to find employment or progress at work and those who are vulnerable.
In addition, a range of parenting skills courses have been developed specifically to meet the post-Covid need of parents/carers seeking strategies to better support their child to learn. The bespoke well-equipped workshop on the grounds of The Henrietta Parker Centre remains an asset in teaching practical skills.
Collaboration with external partners and stakeholders in the community continues to develop and this, together with varied and new targeted marketing strategies is raising the public awareness of the programme.
## **Governor Recruitment**
The Governing body requires breadth and depth of experience to carry out its duties effectively and efficiently. When recruiting new trustees the important attribute is a passion for the work of Surrey Adult Learning and an understanding of adult education and the opportunities and challenges it presents. We advertise via relevant websites and locally through newspapers within Elmbridge and the surrounding area. We have links with officers and members of Elmbridge Borough Council. We also invite senior local community leaders to consider joining our Board. Where possible the Governors consider that the skills and experience of the Board should comprise the following:
- A Governor with an understanding of adult learning
- A Governor with an understanding of the issues and priorities within the local area
- A Governor with education experience
5
## **THE HENRIETTA PARKER TRUST Charity Registration No. 312094**
- A Governor with experience of equal opportunities or disability needs
- At least one female Governor and at least one male Governor
- A Governor from an ethnic minority background
- A Governor with senior managerial or business experience
- One Governor may have one or more of these skills.
The Governors are the charity trustees of the Henrietta Parker Trust. New Governors are appointed by the existing Board of Governors.
In addition, oversight of the Board is provided by the Surrey Adult Learning Board of Governors.
## **Restrictions to the operation of the Charity**
Specific restrictions to the operation of the charity as specified by the Charity Commissioners are as follows:
## **Cash Investment**
“Subject as hereinafter provided and to any further direction of the Charity Commissioners all sums of cash now or at any time belonging to the Charity, other than sums of cash needed for immediate working purposes, shall be invested in the name of the Official Custodian for Charities.”
## **Statement of Public Benefit**
The County Council has paid due regard to the guidance on public benefit produced by the Charities Commission and are confident that the work of the charity meets all the criteria for public benefit.
## **Objectives, Organisation and Activity**
The Charity is established to promote the education of the public by providing technical and manual instruction in the domestic sciences and allied subjects.
The Henrietta Trust fund dates from 1927 and was bequeathed for the funding, in Molesey, of a ‘School or Institution for technical and manual instruction in Cookery, Laundry Work and Hygiene’.
As to fees people were to be admitted ‘either without payment on specified terms, so that no preference is given to any person or class of person’.
It came to serve any adults (i.e. persons over the compulsory school age) who wished to learn from a curriculum defined as “Home and Family Studies” in the Molesey area. The current Henrietta Parker Centre was established when the former location in East Molesey had fallen into disrepair in the 1980’s. Trust fund monies were used to convert the former school accommodation into an adult learning centre.
In 1984 the scheme was amended and approved by the Charity Commission with the Object of the Charity to promote education of the public by the provision of technical and manual instruction in the domestic sciences and allied subjects, either free of charge or
6
## **THE HENRIETTA PARKER TRUST Charity Registration No. 312094**
payment of such reasonable fees that the Trustees may from time to time see fit. Henrietta Parker House was in West Molesey and the Charity Commission Order confirmed that SCC would provide premises for an adult education centre that, at the current Ray Road site, would be called the Henrietta Parker Centre.
## **Background**
The Henrietta Parker Trust Fund supports the provision of learning for adults predominantly in Elmbridge, through the Molesey Adult Learning Centre (Henrietta Parker Centre). In addition, learning opportunities are being supported in a few other centres and community venues.
The Trust fund is used to support access to learning, to provide and improve facilities at the Centre and to promote and engage the local community in the learning programmes provided. While many courses are funded from a grant from the Education and Skills Funding Agency and the contribution made by learners through fees charged, there are many in the community who require further support in order to be able to access learning. The Trust is enabling this to happen.
## **Review of progress and achievements during 2022/23**
During the 2022/23 academic year, there were 872 learners and 1,553 enrolments on courses administered by the Molesey (Henrietta Parker) Adult Learning Centre, up 24.4% and 23.5% on the previous year, respectively.
2022/23 learners at the Molesey Adult Learning Centre included:
- 56 attending discrete courses for those with learning difficulties and/or disabilities (LDD);
- 50 learning English for Speakers of Other Languages (ESOL);
- 49 studying mathematics maths GCSEs, Functional Skills and Stepping Stones;
- 35 learning how cook and prepare food;
- 60 improving their health and wellbeing on yoga, Tai Chi and Pilates classes;
- 52 on work skills and IT courses;
- 37 on our Passport to Wellbeing programme for learners with mild to moderate mental health conditions;
- 108 learning a foreign language such as French, Spanish or Italian; and
- 434 improving their art, craft and photography skills.
Nine learners took GCSE Mathematics exams in the summer of 2023 and all passed. Eight learners were awarded Functional Skills Mathematics qualifications. Fifteen were awarded Functional Skills Mathematics English.
The Henrietta Parker Trust (HPT) computing classes administered by Camberley, Farnham, Guildford, Molesey, Sunbury and Woking centres attracted 149 enrolments from 79 learners. 32 learners attended cookery classes, learning the essential skills to cook healthy meals from scratch. 17 attended garment making classes and learnt how to alter, repair and upcycle their clothes.
7
## **THE HENRIETTA PARKER TRUST Charity Registration No. 312094**
## **Financial Review**
The attached Financial Statement shows the position of the of the Trust Fund as at 31 March 2023
Interest earned on investments totalled £34,162.
Revenue spend in the 2022/23 financial year was £57,501, predominantly on the delivery of computing & cookery courses at the Henrietta Parker Centre. The estimate for governance costs is £1,140 and there has been no Capital expenditure incurred in 2022/23.
The total reserves of the charity as at 31 March 2023 are £1,082,889. The Reserves are split between a current surplus of £116,552 against the Restricted fund and Capital funds of £966,366. The market value of investments has decreased from £1,016,237 as at 31 March 2022 to £966,366 as at 31 March 2023.
## **Investment Policy**
There is currently no formal Investment Policy of the Trustee.
The management board is working with the finance department to identify options on generating a higher return on the capital assets of the fund. In particular the monies currently held in a bank account that constitutes carried forward income.
## **Future Developments**
Governance arrangements for the Trust have led to an increase in activity funded for residents in the community over the last two years. The current plans are to build on this work.
## **Responsibilities of the Trustees**
The Charities Act requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity at the end of the year and of the incoming and outgoing resources for the year then ended.
In preparing those financial statements, the Trustees are required to select suitable accounting policies and then apply them consistently, making judgements and estimates that are reasonable and prudent. The Trustees must also prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue its activities.
8
## **THE HENRIETTA PARKER TRUST Charity Registration No. 312094**
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. The Trustees are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities.
**This report was approved by Trustee Board on:**
**and signed on its behalf by: Francis Lawlor**
9
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF The Henrietta Parker Trust**
I report to the Trustees on my examination of the financial statements of The Henrietta Parker Trust (the Charity) for the year ended 31 March 2023.
## **Responsibilities and basis of report**
As the Trustees of the Charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the as required by section 386 of the 2006 Act; or
2. the financial statements do not accord with those records; or
3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Romit Basu FCA
DSK Partners LLP D S House 306 High Street Croydon Surrey CR0 1NG
Date: .............................................
10
## **THE HENRIETTA PARKER TRUST**
## **ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023**
**Accounts prepared by ELLC Finance Team, Surrey County Council, Woodhatch Place, Reigate, RH2 8EF**
11
## **THE HENRIETTA PARKER TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023**
|**Incoming Resources**
Investment Income - Interest
**Total Incoming Resources**
**Resources Expended**
Charitable activities:
Education courses at Henrietta Parker
Centre_(Note 4)_
Governance cost_(Note 5 & 9)_
**Total Resources Expended**
Net Incoming Resources Before Transfer
Transfer Between Funds
**Net Incoming Resources for the Year**
**Other Recognised Gains And Losses:**
Unrealised Gain / (Loss) on Investment
Assets
**Net Movement in Funds**
Balances Brought Forward as at 1 April
2022
**Balances Carried Forward as at 31**
**March 2023**|**Restricted**
**Fund**
**£**
34,162
**34,162**
57,501
20,699
**78,200**
-
**(44,038)**
**(44,038)**
141,002
**96,964**|**Capital**
**Fund**
**£**
-
**-**
-
**_-_**
-
(49,871)
**(49,871)**
1,016,237
**966,366**|**Total**
**Funds**
**2022/23**
**£**
34,162
**34,162**
57,501
20,699
**78,200**
-
**(44,038)**
(49,871)
**(93,909)**
1,157,239
**1,063,330**|**Total**
**Funds**
**2021/22**
**£**
30,996|
|---|---|---|---|---|
|||||**30,996**|
|||||74,173
1,740|
|||||**75,913**|
|||||-|
|||||**(44,917)**
26,821|
|||||**(18,096)**
1,175,335
**1,157,239**|
12
## **THE HENRIETTA PARKER TRUST STATEMENT OF FINANCIAL POSITION**
## **AS AT 31 MARCH 2023**
|**Fixed Assets**
Investments_(Note 2 & 12)_
Unrealised gain/ (loss)
HPT Workshops – contracts_(Note 10)_
**Current Assets**
Cash at bank
**Current Liabilities**
Amounts falling due within one year_(Note 11)_
**Net Assets**
**Funds**
Restricted Funds_(Note 13)_
Capital Funds_(Note 13)_
**Total Funds**|**2022/23**
**£**
1,016,237
(49,871)
176,030
**1,142,396**
(77,266)
(1,800)
**1,063,330**
96,964
966,366
**1,063,330**|**2021/22**
**£**
989,416
26,821
195,589|
|---|---|---|
|||**1,211,826**
(53,927)
(660)|
|||**1,157,239**|
|||141,002
1,016,237|
|||**1,157,239**|
And signed on its behalf by:
Councillor Julie Iles Representing Surrey County Council as trustee
Date:
13
## **THE HENRIETTA PARKER TRUST NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2023**
## 1. Accounting Policies
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## 2. Investments and Reconciliation of Funds
All of the income of the charity can be applied under the terms of the trust deed. The investments can be allocated between two different funds: the Capital Fund which has the original capital invested; interest from these investments is placed in the Revenue Fund to meet costs in promoting the education of the public by the provision of technical and manual instruction in the domestic sciences and allied subjects.
The Capital fund are invested by our fund managers, BlackRock, in two pooled investment funds, Charinco and Charishare, which are specifically tailored to meet the needs of the smaller charity. The following tables are included as a requirement of the new reporting arrangements contained within the Statement of Recommended Practice
The balance held in cash as at 31 March 2023 by SCC is (£77,266).
Surrey County Council Finance in conjunction with ‘The Board’ are reviewing this balance, to ensure that any surpluses are invested or disbursed appropriately.
## 3. Proceeds from sales
No items were sold in this financial year.
## 4. Fixed Assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
## **Depreciation**
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
**Asset Class Depreciation method and rate**
Building 10% on cost
14
## **THE HENRIETTA PARKER TRUST NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2023**
## 5. Running costs of The Henrietta Parker Trust
Running costs consist of the cost of the utilities, cleaning costs and the insurance of the property. These are currently met by Surrey County Council. £195,589 of this expenditure relates to Capital and a draw-down from the Capital fund is required in 2023-24.
## 6.
## Management and Administrative Costs
These costs relate to officers' time for the general and financial administration of the charity. These are currently met by Surrey County Council
The revised scheme proposes that:
“The Trustee shall first defray out of the income of the Charity all the proper costs, charges and expenses incidental to the administration and management of the Charity **”.**
## 7. Trustees Remuneration
No remuneration was paid, or expenses reimbursed to the trustees.
## 8. Inventory of Contents
There is currently no inventory of contents.
## 9. Governance Cost
## 10.
|
|Independent examiners fee
Depreciation
**Total**
Tangible Assets
**Cost or Valuation**
On 1 April 2022
Additions
On 31 March 2023
**Depreciation**
On 1 April 2022
Charge for the year
On 31 March 2023
**Carrying amount**
On 31 March 2023
On 31 March 2022|**2023**
**£**
1,140
19,559
**20,699**
**Building**
**£**
195,589
-
195,589
-
19,559
19,559
176,030
195,589||**2022**
**£**
1,740
**1,740**
**Total**
**£**
195,589
-|
|---|---|---|---|---|
|||||195,589|
|||||-
19,559|
|||||19,559|
|||||176,030
195,589|
15
## **THE HENRIETTA PARKER TRUST NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2023**
11. Creditors: Amounts falling due within one year
|Accruals
**Total**|**2023**
**£**
1,800
**1,800**|**2022**
**£**
660
**660**|
|---|---|---|
16
## **THE HENRIETTA PARKER TRUST NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2023**
## **THE HENRIETTA PARKER TRUST FUND (312094) FINAL ACCOUNTS 2022/23**
## 12. Fixed Asset Investment
|**Quoted Investments**
Market Value as at 1 April 2022
Net Unrealised Gains/(Losses)
**Market Value as at 31 March 2023**
Original Cost
13.Restricted Fund
Surrey County Council
Amounts falling due within one year
**Revenue Fund**
Capital Fund
**Capital Fund**
Analysis of Net Assets between funds
Revenue Fund as at 31 March 2023
Capital Fund as at 31 March 2023
**Total Funds**|**Balance**
**01/04/2022**
**£**
141,002
**141,002**
**Balance**
**01/04/2022**
**£**
1,016,237
**1,016,237**
**Investments**
**£**
-
966,366
**966,366**|**2022/23**
**£**
1,016,237
(49,871)
**966,366**
531,513
**Surplus/(Deficit)**
**For Year**
**£**
(44,038)
**(44,038)**
**Unrealised**
**Gain**
**£**
(49,871)
**(49,871)**
**Net Current**
**Assets**
**£**
96,964
-
**96,964**|**2021/22**
**£**
989,416
26,821|
|---|---|---|---|
||||**1,016,237**|
||||531,513
**Balance**
**31/03/2023**
**£**
96,964|
||||**96,964**|
||||**Balance**
**31/03/2023**
**£**
966,366|
||||**966,366**|
||||**Total**
**£**
96,964
966,366
**1,063,330**|
17
**THE HENRIETTA PARKER TRUST Charity Number: 312094**
**Annual Report and Accounts**
**Year Ended 31 March 2023**
|**CONTENTS**|**PAGE**|
|---|---|
|Legal and Administrative Details|**3**|
|Trustees’ Report|**5**|
|Independent Examiner’s Report|**10**|
|Statement of Financial Activities|**12**|
|Statement of Financial Position|**13**|
|Notes to the Accounts|**14**|
2
## **THE HENRIETTA PARKER TRUST Charity Registration No. 312094**
## **Legal and Administrative Details**
The principal address of the Charity is as follows:
The Henrietta Parker Trust Molesey Henrietta Parker Adult Learning Ray Road West Molesey Surrey KT8 2LG
The addresses of other relevant officials are as follows:
Representing the County Council as Trustees:
Councillor Clare Curran Cabinet member for all age learners Woodhatch Place Reigate RH2 8EF
Lead County Council Officers:
Francis Lawlor Principal of Adult Learning Surrey Adult Learning Woking Adult Learning Centre Hoebridge Close Woking GU22 9PE
Ms Anna D’Alessandro Treasurer to the Charity Corporate Finance Group Surrey County Council Woodhatch Place Reigate RH2 8EF
3
## **THE HENRIETTA PARKER TRUST Charity Registration No. 312094**
## **Legal and Administrative Details**
BlackRock Investment Management (UK) Limited 33 King William Street London EC4R 9AS Independent Examiner DSK Partners LLP Chartered Accountants and Statutory Auditors D S House 306 High Street Croydon Surrey CR0 1NG
4
## **THE HENRIETTA PARKER TRUST Charity Registration No. 312094**
## **Trustees’ Report**
## **Structure, Governance and Management**
Surrey County Council (SCC) is responsible for managing and administering The Henrietta Parker Trust Fund (HPT), which is a registered charity (#312094).
The Charity is governed by a Scheme from the Charity Commissioners for England and Wales sealed on 1 February 1984.
‘The Board’ was set up early March 2016. It consists of:
County Council as Trustees: Councillor Clare Curran, Cabinet Member for All Age Learning
County Council Lead Officers: Francis Lawlor, Principal of Surrey Adult Learning Phil Evans, Area Business Manager, North
Participation levels continue to recover post-Covid in all subjects apart from digital skills. This offer has been completely reviewed and restructured for September 2024 and early signs are that it is better meeting local need and so attracting learners. Managers continue to be ambitious to provide inclusive learning to enable Surrey residents access education with clear learning pathways. A wide range of courses continue to focus on widening participation by engaging with learners who are disadvantaged by having qualifications below a full Level 2 or no qualifications, who need to improve their skills to find employment or progress at work and those who are vulnerable.
In addition, a range of parenting skills courses have been developed specifically to meet the post-Covid need of parents/carers seeking strategies to better support their child to learn. The bespoke well-equipped workshop on the grounds of The Henrietta Parker Centre remains an asset in teaching practical skills.
Collaboration with external partners and stakeholders in the community continues to develop and this, together with varied and new targeted marketing strategies is raising the public awareness of the programme.
## **Governor Recruitment**
The Governing body requires breadth and depth of experience to carry out its duties effectively and efficiently. When recruiting new trustees the important attribute is a passion for the work of Surrey Adult Learning and an understanding of adult education and the opportunities and challenges it presents. We advertise via relevant websites and locally through newspapers within Elmbridge and the surrounding area. We have links with officers and members of Elmbridge Borough Council. We also invite senior local community leaders to consider joining our Board. Where possible the Governors consider that the skills and experience of the Board should comprise the following:
- A Governor with an understanding of adult learning
- A Governor with an understanding of the issues and priorities within the local area
- A Governor with education experience
5
## **THE HENRIETTA PARKER TRUST Charity Registration No. 312094**
- A Governor with experience of equal opportunities or disability needs
- At least one female Governor and at least one male Governor
- A Governor from an ethnic minority background
- A Governor with senior managerial or business experience
- One Governor may have one or more of these skills.
The Governors are the charity trustees of the Henrietta Parker Trust. New Governors are appointed by the existing Board of Governors.
In addition, oversight of the Board is provided by the Surrey Adult Learning Board of Governors.
## **Restrictions to the operation of the Charity**
Specific restrictions to the operation of the charity as specified by the Charity Commissioners are as follows:
## **Cash Investment**
“Subject as hereinafter provided and to any further direction of the Charity Commissioners all sums of cash now or at any time belonging to the Charity, other than sums of cash needed for immediate working purposes, shall be invested in the name of the Official Custodian for Charities.”
## **Statement of Public Benefit**
The County Council has paid due regard to the guidance on public benefit produced by the Charities Commission and are confident that the work of the charity meets all the criteria for public benefit.
## **Objectives, Organisation and Activity**
The Charity is established to promote the education of the public by providing technical and manual instruction in the domestic sciences and allied subjects.
The Henrietta Trust fund dates from 1927 and was bequeathed for the funding, in Molesey, of a ‘School or Institution for technical and manual instruction in Cookery, Laundry Work and Hygiene’.
As to fees people were to be admitted ‘either without payment on specified terms, so that no preference is given to any person or class of person’.
It came to serve any adults (i.e. persons over the compulsory school age) who wished to learn from a curriculum defined as “Home and Family Studies” in the Molesey area. The current Henrietta Parker Centre was established when the former location in East Molesey had fallen into disrepair in the 1980’s. Trust fund monies were used to convert the former school accommodation into an adult learning centre.
In 1984 the scheme was amended and approved by the Charity Commission with the Object of the Charity to promote education of the public by the provision of technical and manual instruction in the domestic sciences and allied subjects, either free of charge or
6
## **THE HENRIETTA PARKER TRUST Charity Registration No. 312094**
payment of such reasonable fees that the Trustees may from time to time see fit. Henrietta Parker House was in West Molesey and the Charity Commission Order confirmed that SCC would provide premises for an adult education centre that, at the current Ray Road site, would be called the Henrietta Parker Centre.
## **Background**
The Henrietta Parker Trust Fund supports the provision of learning for adults predominantly in Elmbridge, through the Molesey Adult Learning Centre (Henrietta Parker Centre). In addition, learning opportunities are being supported in a few other centres and community venues.
The Trust fund is used to support access to learning, to provide and improve facilities at the Centre and to promote and engage the local community in the learning programmes provided. While many courses are funded from a grant from the Education and Skills Funding Agency and the contribution made by learners through fees charged, there are many in the community who require further support in order to be able to access learning. The Trust is enabling this to happen.
## **Review of progress and achievements during 2022/23**
During the 2022/23 academic year, there were 872 learners and 1,553 enrolments on courses administered by the Molesey (Henrietta Parker) Adult Learning Centre, up 24.4% and 23.5% on the previous year, respectively.
2022/23 learners at the Molesey Adult Learning Centre included:
- 56 attending discrete courses for those with learning difficulties and/or disabilities (LDD);
- 50 learning English for Speakers of Other Languages (ESOL);
- 49 studying mathematics maths GCSEs, Functional Skills and Stepping Stones;
- 35 learning how cook and prepare food;
- 60 improving their health and wellbeing on yoga, Tai Chi and Pilates classes;
- 52 on work skills and IT courses;
- 37 on our Passport to Wellbeing programme for learners with mild to moderate mental health conditions;
- 108 learning a foreign language such as French, Spanish or Italian; and
- 434 improving their art, craft and photography skills.
Nine learners took GCSE Mathematics exams in the summer of 2023 and all passed. Eight learners were awarded Functional Skills Mathematics qualifications. Fifteen were awarded Functional Skills Mathematics English.
The Henrietta Parker Trust (HPT) computing classes administered by Camberley, Farnham, Guildford, Molesey, Sunbury and Woking centres attracted 149 enrolments from 79 learners. 32 learners attended cookery classes, learning the essential skills to cook healthy meals from scratch. 17 attended garment making classes and learnt how to alter, repair and upcycle their clothes.
7
## **THE HENRIETTA PARKER TRUST Charity Registration No. 312094**
## **Financial Review**
The attached Financial Statement shows the position of the of the Trust Fund as at 31 March 2023
Interest earned on investments totalled £34,162.
Revenue spend in the 2022/23 financial year was £57,501, predominantly on the delivery of computing & cookery courses at the Henrietta Parker Centre. The estimate for governance costs is £1,140 and there has been no Capital expenditure incurred in 2022/23.
The total reserves of the charity as at 31 March 2023 are £1,082,889. The Reserves are split between a current surplus of £116,552 against the Restricted fund and Capital funds of £966,366. The market value of investments has decreased from £1,016,237 as at 31 March 2022 to £966,366 as at 31 March 2023.
## **Investment Policy**
There is currently no formal Investment Policy of the Trustee.
The management board is working with the finance department to identify options on generating a higher return on the capital assets of the fund. In particular the monies currently held in a bank account that constitutes carried forward income.
## **Future Developments**
Governance arrangements for the Trust have led to an increase in activity funded for residents in the community over the last two years. The current plans are to build on this work.
## **Responsibilities of the Trustees**
The Charities Act requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity at the end of the year and of the incoming and outgoing resources for the year then ended.
In preparing those financial statements, the Trustees are required to select suitable accounting policies and then apply them consistently, making judgements and estimates that are reasonable and prudent. The Trustees must also prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue its activities.
8
## **THE HENRIETTA PARKER TRUST Charity Registration No. 312094**
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. The Trustees are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities.
**This report was approved by Trustee Board on:**
**and signed on its behalf by: Francis Lawlor**
9
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF The Henrietta Parker Trust**
I report to the Trustees on my examination of the financial statements of The Henrietta Parker Trust (the Charity) for the year ended 31 March 2023.
## **Responsibilities and basis of report**
As the Trustees of the Charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the as required by section 386 of the 2006 Act; or
2. the financial statements do not accord with those records; or
3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Romit Basu FCA
DSK Partners LLP D S House 306 High Street Croydon Surrey CR0 1NG
Date: .............................................
10
## **THE HENRIETTA PARKER TRUST**
## **ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023**
**Accounts prepared by ELLC Finance Team, Surrey County Council, Woodhatch Place, Reigate, RH2 8EF**
11
## **THE HENRIETTA PARKER TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023**
|**Incoming Resources**
Investment Income - Interest
**Total Incoming Resources**
**Resources Expended**
Charitable activities:
Education courses at Henrietta Parker
Centre_(Note 4)_
Governance cost_(Note 5 & 9)_
**Total Resources Expended**
Net Incoming Resources Before Transfer
Transfer Between Funds
**Net Incoming Resources for the Year**
**Other Recognised Gains And Losses:**
Unrealised Gain / (Loss) on Investment
Assets
**Net Movement in Funds**
Balances Brought Forward as at 1 April
2022
**Balances Carried Forward as at 31**
**March 2023**|**Restricted**
**Fund**
**£**
34,162
**34,162**
57,501
20,699
**78,200**
-
**(44,038)**
**(44,038)**
141,002
**96,964**|**Capital**
**Fund**
**£**
-
**-**
-
**_-_**
-
(49,871)
**(49,871)**
1,016,237
**966,366**|**Total**
**Funds**
**2022/23**
**£**
34,162
**34,162**
57,501
20,699
**78,200**
-
**(44,038)**
(49,871)
**(93,909)**
1,157,239
**1,063,330**|**Total**
**Funds**
**2021/22**
**£**
30,996|
|---|---|---|---|---|
|||||**30,996**|
|||||74,173
1,740|
|||||**75,913**|
|||||-|
|||||**(44,917)**
26,821|
|||||**(18,096)**
1,175,335
**1,157,239**|
12
## **THE HENRIETTA PARKER TRUST STATEMENT OF FINANCIAL POSITION**
## **AS AT 31 MARCH 2023**
|**Fixed Assets**
Investments_(Note 2 & 12)_
Unrealised gain/ (loss)
HPT Workshops – contracts_(Note 10)_
**Current Assets**
Cash at bank
**Current Liabilities**
Amounts falling due within one year_(Note 11)_
**Net Assets**
**Funds**
Restricted Funds_(Note 13)_
Capital Funds_(Note 13)_
**Total Funds**|**2022/23**
**£**
1,016,237
(49,871)
176,030
**1,142,396**
(77,266)
(1,800)
**1,063,330**
96,964
966,366
**1,063,330**|**2021/22**
**£**
989,416
26,821
195,589|
|---|---|---|
|||**1,211,826**
(53,927)
(660)|
|||**1,157,239**|
|||141,002
1,016,237|
|||**1,157,239**|
And signed on its behalf by:
Councillor Julie Iles Representing Surrey County Council as trustee
Date:
13
## **THE HENRIETTA PARKER TRUST NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2023**
## 1. Accounting Policies
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## 2. Investments and Reconciliation of Funds
All of the income of the charity can be applied under the terms of the trust deed. The investments can be allocated between two different funds: the Capital Fund which has the original capital invested; interest from these investments is placed in the Revenue Fund to meet costs in promoting the education of the public by the provision of technical and manual instruction in the domestic sciences and allied subjects.
The Capital fund are invested by our fund managers, BlackRock, in two pooled investment funds, Charinco and Charishare, which are specifically tailored to meet the needs of the smaller charity. The following tables are included as a requirement of the new reporting arrangements contained within the Statement of Recommended Practice
The balance held in cash as at 31 March 2023 by SCC is (£77,266).
Surrey County Council Finance in conjunction with ‘The Board’ are reviewing this balance, to ensure that any surpluses are invested or disbursed appropriately.
## 3. Proceeds from sales
No items were sold in this financial year.
## 4. Fixed Assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
## **Depreciation**
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
**Asset Class Depreciation method and rate**
Building 10% on cost
14
## **THE HENRIETTA PARKER TRUST NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2023**
## 5. Running costs of The Henrietta Parker Trust
Running costs consist of the cost of the utilities, cleaning costs and the insurance of the property. These are currently met by Surrey County Council. £195,589 of this expenditure relates to Capital and a draw-down from the Capital fund is required in 2023-24.
## 6.
## Management and Administrative Costs
These costs relate to officers' time for the general and financial administration of the charity. These are currently met by Surrey County Council
The revised scheme proposes that:
“The Trustee shall first defray out of the income of the Charity all the proper costs, charges and expenses incidental to the administration and management of the Charity **”.**
## 7. Trustees Remuneration
No remuneration was paid, or expenses reimbursed to the trustees.
## 8. Inventory of Contents
There is currently no inventory of contents.
## 9. Governance Cost
## 10.
|
|Independent examiners fee
Depreciation
**Total**
Tangible Assets
**Cost or Valuation**
On 1 April 2022
Additions
On 31 March 2023
**Depreciation**
On 1 April 2022
Charge for the year
On 31 March 2023
**Carrying amount**
On 31 March 2023
On 31 March 2022|**2023**
**£**
1,140
19,559
**20,699**
**Building**
**£**
195,589
-
195,589
-
19,559
19,559
176,030
195,589||**2022**
**£**
1,740
**1,740**
**Total**
**£**
195,589
-|
|---|---|---|---|---|
|||||195,589|
|||||-
19,559|
|||||19,559|
|||||176,030
195,589|
15
## **THE HENRIETTA PARKER TRUST NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2023**
11. Creditors: Amounts falling due within one year
|Accruals
**Total**|**2023**
**£**
1,800
**1,800**|**2022**
**£**
660
**660**|
|---|---|---|
16
## **THE HENRIETTA PARKER TRUST NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2023**
## **THE HENRIETTA PARKER TRUST FUND (312094) FINAL ACCOUNTS 2022/23**
## 12. Fixed Asset Investment
|**Quoted Investments**
Market Value as at 1 April 2022
Net Unrealised Gains/(Losses)
**Market Value as at 31 March 2023**
Original Cost
13.Restricted Fund
Surrey County Council
Amounts falling due within one year
**Revenue Fund**
Capital Fund
**Capital Fund**
Analysis of Net Assets between funds
Revenue Fund as at 31 March 2023
Capital Fund as at 31 March 2023
**Total Funds**|**Balance**
**01/04/2022**
**£**
141,002
**141,002**
**Balance**
**01/04/2022**
**£**
1,016,237
**1,016,237**
**Investments**
**£**
-
966,366
**966,366**|**2022/23**
**£**
1,016,237
(49,871)
**966,366**
531,513
**Surplus/(Deficit)**
**For Year**
**£**
(44,038)
**(44,038)**
**Unrealised**
**Gain**
**£**
(49,871)
**(49,871)**
**Net Current**
**Assets**
**£**
96,964
-
**96,964**|**2021/22**
**£**
989,416
26,821|
|---|---|---|---|
||||**1,016,237**|
||||531,513
**Balance**
**31/03/2023**
**£**
96,964|
||||**96,964**|
||||**Balance**
**31/03/2023**
**£**
966,366|
||||**966,366**|
||||**Total**
**£**
96,964
966,366
**1,063,330**|
17
## **THE HENRIETTA PARKER TRUST**
**INDEPENDENT EXAMINATION MATTERS TO BE RAISED WITH THOSE CHARGED WITH GOVERNANCE YEAR ENDED 31 MARCH 2023**
**DSK PARTNERS LLP CHARTERED ACCOUNTANTS & STATUTORY AUDITORS**
## **Henrietta Parker Trust Independent Examination matters to be raised with those charged with governance Year ended 31 March 2023**
## **Introduction**
These notes are observations arising from our Independent Examination in respect of the financial statements for the year ended 31[st ] March 2023. They provide an overview of matters for consideration by the trustees.
The objective of our Independent Examination is to allow us to report to the trustees on the truth and fairness of the financial statements and whether they have been prepared in alignment with appropriate accounting standards. We plan our procedures so that we have a reasonable expectation of detecting material misstatements in the financial statements and the underlying accounting records resulting from irregularities or fraud. During the planning of the Independent Examination, we document the underlying system of internal procedures and controls over maintaining accurate and reliable records.
It is the responsibility of the trustees to ensure, as far as possible, that accurate and reliable accounting records are maintained and to safeguard the assets of the charity by the adoption of appropriate systems and controls.
The focus of our work is on matters which could have a material impact on the financial statements and consequently our Independent Examination work is not designed to disclose all errors or weaknesses in controls that may exist.
## **Confidentiality**
This report has been prepared for the sole use of the trustees of Henrietta Parker Trust. It is issued on the express understanding that it is used for this purpose only. It may not be disclosed to any other person without the prior written consent of DSK Partners LLP. No other person receiving this report should act in reliance upon its contents (which may be unsuitable for any purpose other than that for which it was prepared). Any person who, notwithstanding the foregoing, elects to place reliance upon this report does so at their own risk and DSK Partners LLP assumes no duty of care or other responsibility towards them.
## **Index**
1. Qualitative aspects of Henrietta Parker Trust ’s accounting practices and financial reporting 2. Letter of representation
3. Adjusted and Unadjusted misstatements
4. Expected modifications to the Independent Examination report
5. Material weaknesses in the accounting and internal control systems
6. Other matters required by Independent Examination standards to be communicated
7. Significant difficulties encountered during the Independent Examination
8. Other relevant matters relating to the Independent Examination
## **Henrietta Parker Trust Independent Examination matters to be raised with those charged with governance Year ended 31 March 2023**
## **1. Qualitative aspects of Henrietta Parker Trust ’s accounting practices and financial reporting**
We have no comments to make concerning these matters and believe that the accounting policies are appropriate and have been properly applied throughout the year.
## **2. Letter of representation**
A draft of our proposed letter of representation is attached; We draw your attention to point 8, 9, 14, 15, 16 and 18; in other respects, the letter is routine.
## **3. Adjusted and Unadjusted misstatements**
There are no unadjusted misstatements in the financial statements, other than those that we consider to be trivial. The list of adjusted misstatements has been attached. Refer Annexure 1.
## **4. Expected modifications to the Independent Examination report**
We do not propose any modifications to our Independent Examination opinion and hence will be issuing a clean Independent Examination report.
## **5. Material weaknesses in the accounting and internal control systems**
We have not been able to identify any material weaknesses in the accounting and internal control systems and would like to point out that any weaknesses covered in this letter were discovered during our normal Independent Examination work, such work being undertaken primarily for the purpose of expressing our opinion on the financial statements of your companies. Our Independent Examination work did not include a detailed review of all aspects of your companies’ systems and, for this reason; the contents of this letter do not necessarily include all weaknesses which might exist in your accounting systems.
## **6. Other matters required by Independent Examination standards to be communicated**
There are no other matters that we are required by Independent Examination standards to communicate with you.
## **7. Significant difficulties encountered during the Independent Examination**
We confirm that there were no significant difficulties encountered during the Independent Examination.
## **8. Other relevant matters relating to the Independent Examination**
1. We did not encounter any significant difficulties during the Independent Examination and there are no significant findings from the Independent Examination to draw to your attention.
2. We have no comments to make concerning the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees.
May we take this opportunity of thanking you and your staff for the assistance received and cooperation during the conduct of our Independent Examination.
Yours faithfully
Romit Basu (FCA) For and on behalf of DSK Partners LLP
## **Annexure – 1 : List of Adjusted Misstatements:**
|**Sr.**
**No. **
**Account**|**Debit**|**Credit**|
|---|---|---|
|**1**
Cash at Bank
HPT Workshop - contracts
Amounts falls due within one year
_Being HPT Contracts and Accruals corrected_
**2**
_Accountancy Fees_
_Accruals_
_Being current year accruals recorded_
**3**
Depreciation
HPT Workshop - contracts
_Being depreciation charged for the year_
**Total**|195,589.00
1,140.00
19,558.90|194,929.00
660.00
1,140.00
19,558.90|
||**216,287.90**|
**216,287.90**|
||||