## **Trustees’ Annual Report for the period** **From 01.01.2022 Period start date To 31.12.2022 Period end date Charity name: Sutton-cum-Duckmanton Educational Foundation** ## **Charity registration number: 505521** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|Making grants to individuals to assist in their
education or training to further their careers; and
groups which are educationally based.| |||| |||| |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|Maintaining investments, which generate dividends
from which the grants are made.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees have acted to benefit the public.| ## **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 All the Trustees are volunteers with a Chair and Vice Chair are elected annually. Administrative duties are Para 1.38 covered by the Committee members. 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 charity has made grants to university students
living in the parish, to assist with their costs of
materials and transport.| ## **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|Funds from the sale of the land the Charity owned
which have since been invested, have secured the
Charity’s future.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The Charity holds investments, dividends from which
support the charity . It has very few administration
costs – insurance, room hire etc., which are a
fraction of this. The investments are not withdrawn
and are held to fund grants. Grant amounts are
dependant on dividends.| |Amount of reserves held|Para 1.22|£521601| |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|N/A| ## **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|Dividends from investments.| |---|---|---| |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|The risks would be from the shares held. They are
managed with a medium risk.| |Other||Gross income as defined by the Charities Act does
not include the proceeds for sale of assets. However,
as the Charity’s financial activity is small, using
receipts and payment accounts, this necessitates the
inclusion of the land sale monies as a receipt.| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Scheme of work| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Unincorporated| |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|Trustees are either co-opted or represent these
bodies:
Parish Council
Parochial Church Council
County Council| **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|Sutton-cum-Duckmanton Educational Foundation| |---|---| |Other name the charity uses|| |Registered charity number|505521| |Charity’s principal address|The Arkwright Centre
Hardwick Drive
Arkwright Town
Chesterfield
S44 5BS| ||| ## **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)**| |---|---|---|---|---| ||Janet Bradshaw|Chair||Sutton-cum-Duckmanton
Parochial Church Council| ||Paul Goodwin|Vice Chair||Sutton-cum-Duckmanton
Parish Council| ||Brian Brocksopp|||| ||JoyPhillips|||| ||Ann Clark|||| ||Jack Woolley||15.2.2022|Derbyshire CountyCouncil| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – 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 N/A 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) Full name(s)** ANN CLARK **Position (eg Secretary,** TRUSTEE **Chair, etc) Date** 25.10.23 ||**Sutton-cum-Duckmanton Educational Foundation**|**Sutton-cum-Duckmanton Educational Foundation**|**Sutton-cum-Duckmanton Educational Foundation**|**505521**|**505521**|**CC16a**| |---|---|---|---|---|---|---| ||**For the period**
**from**|Period start date
1.1.2022|**To**|Period end date
31.12.2022||| |||||||| |**Section A Receipts and payments**||||||| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**396**
**2,636**
**509**
**5**
**-**
**-**
**-**

**3,546**
**2,453,599**
**-**
**2,453,599**
**2,457,145**
**7,400**
**20**
**3,820**
**7**
**-**
**-**
**-**
**-**
**11,247**
**1,500,000**
**2,000,000**
**3,500,000**
**3,511,247**
**- 1,054,102**
**1,575,703**
**521,601**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**396**
**2,636**
**509**
**-**
**5**
**-**
**-**
**-**
**3,546**
**2,453,599**
**-**
**2,453,599**
**2,457,145**
**7,400**
**20**
**3,820**
**7**
**-**
**-**
**-**
**-**
**-**
**11,247**
**1,500,000**
**2,000,000**
**3,500,000**
**3,511,247**
**- 1,054,102**||**Last year**
**to the nearest £**| |Deposit Interest|**396**|||||**-**| |Investment Dividends|**2,636**|||||**2,569**| |Investment Dividends|**509**|||||**495**| |Land Rental||||||**438**| |Amazon|**5**|||||**5**| ||**-**|||||| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|
**3,546**|||||**3,507**| |||||||| |**A2 Asset and investment sales,**
**(see table).**||||||| |**Sale of land**|**2,453,599**|||||**1,547,596**| ||**-**|||||**-**| |**_Sub total_**|**2,453,599**|||||**1,547,596**| |**_Total receipts_**
**A3 Payments**||||||| |||||||**1,551,103**| |||||||| |Grants|**7,400**|||||**1,950**| |Room hire|**20**|||||**10**| |Insurance|**3,820**|||||**344**| |Sale expenses|**7**|||||**4,813**| |||||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_ **|**11,247**|||||**7,117**| |||||||| |**A4 Asset and investment**
**purchases, (see table)**||||||| |**Brewin Dolphin**|**1,500,000**|||||| |COIF Investment|**2,000,000**|||||| |**_Sub total_ **|**3,500,000**|||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||| |||||||**7,117**| |||||||| ||**- 1,054,102**|**-**||**- 1,054,102**||**1,543,986**| |||||**-**||**-**| ||**1,575,703**|**-**||**1,575,703**||**-**| ||**521,601**|**-**||**521,601**||**1,543,986**| CCXX R1 accounts (SS) 26/10/2023 1 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**
|**Details**
COIF Charity Fund
COIF Charity Fund
Brewin Dolphin Investment
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
Current Account
Deposit Fund
**Details**
**Details**
**Details**
Signature
|**Unrestricted**
**funds**
**to nearest £**|**Unrestricted**
**funds**
**to nearest £**|**Restricted**
**funds**
**to nearest £**|**Restricted**
**funds**
**to nearest £**|**Endowment**
**funds**
**to nearest £**| |---|---|---|---|---|---|---| |||**468,101**||**-**||**-**| |||**53,500**||**-**||**-**| |||**-**||**-**||**-**| |||**521,601**||**-**||**-**| |||||||OK| |||||||**Endowment**
**funds**
**to nearest £**| |||||||**-**| |||||||**-**| |||||||**-**| |||||||**-**| |||||||**-**| |||||||**-**| |||||||**Current value**
**(optional)**| |||||||**2,012,616**| |||||||**88,286**| |||||||**1,306,814**| |||||||**-**| |||||||**-**| |||||||**Current value**
**(optional)**| |||||||**-**| |||||||**-**| |||||||**-**| |||||||**-**| |||||||**-**| |||||||**-**| |||||||**-**| |||||||**-**| |||||||**-**| |||||||**When due**
**(optional)**| |||||||| |||||||| |||||||| |||||||| |||||||| |||||||| |||||||Date of
approval| |||ANN CLARK||||19.10.23| |||||||| Signed by one or two trustees on behalf of all the trustees CCXX R2 accounts (SS) ~~26/10/2023~~ ~~2~~ CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Seetion A Independent Examiner's Report Roport to th• truslo08 Sutton 505521 Set out on pag•s I report to the trustees on my examination of the accounts of the above charity {Ih8 Trust'l for the year eThled Rospon¥lbS1tt108 and basls of r•port As the charivs trustees. you are reSp(￿ible lor the preparation of th& accounts in accordance with the requiroments of the CharitSe$ Ad 2011 ("th8 Acr). I rep)rt in respect of my examination of the Trust's acwunts carried out U￿ler section 145 of th8 2011 Act and in carrying out my examin81ion. I have followed all Ihe applicable Oireclions given ty the Charity Commission und8r section 14515Xbl of the Act. Independent The cllarity's gross Incom8 exceeded £250.000 and l am qualthed to èxamlnorfs statemeni undertake Ihe examination by being a qualrtlod mern￿r of Assoclallon of Chartered Ce￿rIed Accountsnts. I have completed my examinatK)n. I confirm that no material matters have come lo my attention in connection wilh the examinatson which gives ma cause lo believe that in. any material respect: the ac￿￿nting records were not kept in accordance with secllon 130 of the Charities Act,. or the accournts did not ac(x)rd with the a¢￿Unting records: or the accounts dbj not ¢omply with the applicable requirements conceming the fomi and conlenl of accounts sel out in the Charities (Accounts and Rep￿ts) Regulations 2008 other than any requirement Ihat th& a¢¢ounts give 8 'true and fair, view which 18 not 8 mattor considered as part of an indepeThJenl examination. I have no ￿ncernS and have Come across no other matters in connection wilh the examlnation to which attention st￿uld be drawn in this ￿pOrt In order to enable a F￿r undetstandiro of the a¢¢ount$ to be reached. Slgned: Dat•: 19th October 2023 Nam•: Rol•vant professional quallficatlon{s) or body {If any): FCCA (Fellow Member of A$￿ation of Charterad Certified Accountants) Address: 39 Old School Lane. Cakml. Chesterfield. DerfOYshi￿ S44 SUE