## **Trustees’ Annual Report for the period** ## **Period start date 01.01.2020 To Period end date 31.12.2020** ## **Charity name: Herbert Educational Foundation** **Charity registration number: 507021** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To promote and support the education of**
**persons who are under 25 years of age**
**and are in need of financial assistance**
**and have at any time attended a school in**
**the area of benefit. **| |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|**Financial support is given upon**
**application, to individuals living in the**
**area of benefit or who have attended the**
**Primary School in said area. The**
**Primary School may apply for financial**
**support from the charity to benefit**
**individual or groups of pupils. **| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The Trustees always adhere to the**
**guidelines as set out in the CC document**| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|**Applicants apply in writing for financial**
**support. Where appropriate the**
**applications are supported by the Head**
**teacher. Evidence of spend estimates**
**are required.**
**The Head teacher applies for any**
**resources required by the school.**| |Policy on social investment
including program related
investment|Para 1.38|**No applicable**| |||**Not applicable**| 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 Charities have supported the school with**
**the following:-**
**Educational resources such as books and**
**learning materials. Support given to provide**
**up-to-date IT equipment, software, Ipads etc**
**Financial support is given to ‘vulnerable’**
**children on the advice of the Head teacher**
**Grants to young people to enable them to buy**
**equipment such as laptops and textbooks**
**when attending higher education.**| **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|**The Capital Reserves give support with**
**educational grants and donations.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**Prudent investment enables the charity to**
**support applications throughout the next**
**two year period.**
**Grant applications are considered and**
**supported only if sufficient reserves are**
**maintained.**
**To be in a position to refurbish and**
**maintain properties owned by the charity**
**and reinstate reserves spent.**| |Amount of reservesheld|Para 1.22|**£35496**| |Reasons for holding zero
reserves|Para 1.22|**Not applicable**| |Details of fund materially in
deficit|Para 1.24|**Not applicable**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**Not applicable**| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other ## **Structure, Governance and Management** |Description of charity’s
trusts:||**Herbert Educational Foundation**| |---|---|---| |Type of governing document
(trust deed,royalcharter)|Para 1.25|**Charity Commission Scheme, registered**
**1 December 2003.Case no; 162707 **| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Trust**| |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 appoint a replacement trustee,**
**by considering what skills the person has**
**to offer in relation to the objectives of the**
**charity.**| |**Additional information (optional)**
You may choose to include further statements|**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|**A ‘Trustees Handbook’ giving full details**
**of how the Charities were founded and all**
**current information, e.g., banks,**
**investments, solicitors and advisors etc.**| |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|Stretton on Dunsmore Charities| |---|---| |Other name the charity uses|HerbertEducational Foundation| |Registered charitynumber|507021| Charity’s principal address 8A School Lane Stretton on Dunsmore Rugby CV23 9NB ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**| |---|---|---|---|---| ||Paul Mabey|Chair||| ||Rob Kennedy|||| ||Paul Whitby|||| ||Barbara Clutton|||| ||CathyLisztwan|||| ||Neil Thompson|||| ||Vanessa Braithwaite||29 October 2020|| ||Victoria Deasley|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – 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** ## STRETTON CHARITIES ## ANNUAL STATEMENT OF ACCOUNTS 2020 (70%) **Balance Year End 2019 Brought Forward** **£ 36,063.95** ## **INCOME** ## **EXPENDITURE** |Property Rental Income
Land Rental Income excluding Denchwood
Denchwood Rent|27,401.50
£
3,190.03
£
875.00
£|| |---|---|---| |||31,466.53
£| |||| |Investment Income||3,986.54
£| |||| |Bank Interest||43.48
£| |||| |Other Income||-
£| |||| |**TOTAL INCOME**||**35,496.54**
**£**| **I confirm that these accounts have been prepared in accordance with the underlying accounting records with which there no concerns.** |Education Grants
Relief in Need Donations
Denchwood Payment|3,926.18
£
2,834.84
£
437.50
£| |---|---| ||| |Property Repairs & Maintenance
Land Management Costs
Property Refurbishment
Other PropertyCosts|1,145.28
-£
400.46
£
-
£
1,008.16
£| ||| |Administration
Estate Agents Fees
Bank Charges
Transfer to Charles StanleyInvestments|2,759.67
£
3,462.52
£
42.00
£
-
£| ||| |**TOTAL EXPENDITURE**
**13,726.06**
**£**|| ||| |**EXCESS INCOME OVER EXPENDITURE**
**21,770.48**
**£**|| ||| |**Balance Year End December 2020**
**57,834.43**
**£**|| **Mrs Norma M Elston** **7 Roberts Close Stretton on Dunsmore Rugby Warwickshire** CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of On accounts for the year ended Charity no (if any) Set out on pages I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 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.). I 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, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention ( ") in connection with the examination which gives me cause to believe that in, any material respect: accounting records were not kept in accordan￿ with section 130 of the Act or the accounts do not accord with the accounting records I have no COn￿rnS 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 rf they do not apply. Date: Independent examiner's statement Signed: 18ai Name: A EufoAJ Relevant professional qualification(s) or body (if any): Address: EL IER October 2018