## **Trustees’ Annual Report for the period** **From 1/5/2023 Period start date To Period end date** **30/4/24** ## **Charity name: THIRSK INFANT SCHOOL CHARITY** ## **Charity registration number:514968** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**Application of income for any charitable**
**purpose for the general benefit of the**
**inhabitants of the area of the Ancient**
**township of Thirsk**| |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|**Making Grants to organisations in Thirsk**
**utilising income from Building owned by**
**Trust.**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Yes , the Trustees consider the benefit of**
**all grants to the community of Thirsk to**
**ensure that there is public benefit. This**
**complies with the guidance issued by the**
**Charity Commission on public benefit**| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|**Open to all organisations, each grant**
**considered on own merits. Infrequent**
**grants to individuals. Preference is for**
**capital projects rather than regular**
**running costs, will consider pump –**
**priming grants. Prefer an educational**
**benefit if possible.**| |||| |||| |||| ## **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|**Since the position regarding the**
**ownership of the building has been**
**confirmed with the assistance of the**
**Charity Commission we have been able**
**to let the building and receive a regular**
**income. This has enabled us to make**
**significant grants to organisations within**
**the town. For example we were able to**
**make a grant of £15,000 to Thirsk School**
**(secondary ) for special educational**
**needs facilities. This helped the young**
**people, their families , the school and the**
**wider community by helping the young**
**people deal with their problems.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**Healthy financial position. In earlier years**
**income had been received when we were**
**unable to spend much (Covid) so**
**balances are good. The Trustees are**
**minded to make significant grants that**
**make a difference and will also reduce**
**our balances**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**We hold as a reserve about a year’s cost**
**of running the building c £25,000 in case**
**the tenant left and we were required to**
**take over the management of the building**| |Amount of reserves held|Para 1.22|**£25,000**| |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|**None**| ## **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|
**Rental of the building**
**Bank interest**| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**Funds are held in a Bank interest earning**
**account**
**As a grant making charity we do not**
**invest long term**| |A description of the principal
risks facing the charity|Para 1.46|**Loss of tenant**
**Repeat of serious incident that the**
**Charity Commission assisted us with.**| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||**Conveyance 15/12/1835**
**Charity Commission scheme 9/12/1980**
**Charity Commission Scheme 12**
**December 2000**| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**As above, trust deed and schemes**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Unincorporated association**| |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|**2 Trustees are appointed by Thirsk Town**
**Council**
**The others are selected to ensure a mix**
**of people from the town.**| **Additional information (optional)** You may choose to include further statements where relevant about: ## **Reference and Administrative details** |Charity name|Thirsk Infant school charity| |---|---| |Other name the charity uses|Thirsk infants school charity| |Registered charity number|514968| |Charity’s principal address|54a Admirals Court
Sowerby
Thirsk
North Yorkshire
YO7 !RS| ||| ## **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)**| |---|---|---|---|---| ||John Potter|Chair & Treasurer||| ||Janet Marshall|Secretary||| ||Sue Lake|||| ||Margaret Hunton|||| ||Andrew Trueman|||Thirsk Town Council| ||Patrick Miller|||Thirsk Town Council| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – Corporate trustees names of the directors at the date the report was approved **Director name N/A** Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |**NONE**||| |||| |||| |||| |||| |||| **Funds held as custodian trustees on behalf of others** Description of the assets NIL held in this capacity Name and objects of the NIL charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for NIL safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Names and**|**addresses of advisers (Optional information)**|**addresses of advisers (Optional information)**| |---|---|---| |**Type of**
**adviser**|**Name**
**Address**|| |**Solicitor**|Nick White|Eccles Heddon,5 Westgate, Ripon, HG4 2AT| |**Auditor**|Guy Baragwanath|37-39 Westgate Thirsk, YO7 1QK| |||| |||| ## **Name of chief executive or names of senior staff members (Optional information)** N/A ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **n/a** ## **Other optional information** ## **N/A** ## **Thirsk Infant School Charity** ## **TREASURER'S REPORT FOR PERIOD 1ST MAY 2023 TO 30TH APRIL 2024** |**Income**
Balance b'fwd
Interest
**Rental Income - Family**
Family Life - reimb of in
INCOME
**TOTAL**
**TOTAL**
Excess exp over income
Expend
Income|**£ 93,228.90**
**£ 93,228.90**
£ 1,331.43
**Life**
**£ 24,000.00**
surance
£ 758.05
sub total
**£ 26,089.48 £ 26,089.48**
**£ 26,089.48**
**£ 119,318.38**

£ 34,276.02
£ 26,089.48
£ 8,186.54|**Expenditure**
£
Grants
£ 32,479.00
Artwork
Plaque
£ 286.00
insurance
£ 286.00
Building Expenses
repairs to wall
£96.00
Insurance
(Trustees only liable for admin fee only & art work)
£ 899.02
Rest recharged to FLC
Legal & Professional Fees
Solicitors charge re rent review
£ 354.00
Admin
bank charges
£ 64.00
secretary expenses
£ 50.00
audit fee
£ 48.00
**sub total**
**£ 34,276.02**
**Balance**
**£ 85,042.36**
**TOTAL**
**£ 119,318.38**| |---|---|---| |**REPRESENTED BY**
£
Bank a/c bfwd
Bus Mone
Charitable
**Business Money Maker**
**81,962.32**
less
excess exp over inco
**Charitable account**
**3,080.04**
**TOTAL**
**£85,042.36**
**_Balance bfwd_**
Deposit - Family Life
£ 6,000.00
**_Receipts_**
included in above balances
less £3000 paid back = £3000.00
**Actual balance hence**
**£ 82,042.36**
**Report to Charity Commission**
Income
**£ 25,331.43**
**£ 24,000.00**£ 1,331.43
Expenditure
**£33,517.97**
£ 32,479.00 £ 286.00 £ 96.00 £ 354.00 £ 162.00 £ 140.97
£ 899.02 less
£ 758.05 is £140.97 insurance cost|y maker
account
me
**_£ 93,228.90_**
**_£ 26,089.48_**|£ 60,872.84
£ 32,356.06
£ 93,228.90
£ 8,186.54
£ 85,042.36

**_Expend_**

**_Bal cfwd_**
|**_£ 34,276.02_**
**_£ 85,042.36_**| |---|---|---|---| ||**_£ 119,318.38_**||**_£ 119,318.38_**| ||||| Rent review carried out as per terms of lease Trustees agreed to keep as it was (due to level of spend by tenants & security of regular income) Trustees changed arrangements so that rental income went direct to Money Maker and hence earned interest J Potter Treasurer 19-Oct-24 ## BUSINESS MONEY MANAGER ACCOUNT 1 ST MAY 2023 TO 30 TH APRIL 2024 ## RECEIPTS ## PAYMENTS |RECEIPTS||||||PAYMENTS|| |---|---|---|---|---|---|---|---| |||£|||||£| |5/1/2023|BALANCE BFWD|**60,872.84**||**£**|**60,872.84**||| |5/28/2023|INTEREST|£ 71.55||||4/12/2024 Transfer to Char A/C|5,000.00| |6/28/2023|INTEREST|£ 79.65|||||| |7/28/2023|INTEREST|£ 84.71|||||| |8/28/2023|INTEREST|£ 103.16|||||| |9/28/2023|INTEREST|£ 111.97|||||| |10/28/2023|INTEREST|£ 113.73|||||| |11/28/2023|INTEREST|£ 120.79|||||| |12/28/2023|INTEREST|£ 121.33|||||| |1/28/2024|INTEREST|£ 129.24|||||| |2/28/2024|INTEREST|£ 132.64|||||| |3/28/2024|INTEREST|£ 127.47|||||| |4/28/2024|INTEREST|£ 135.19|||||| ||total int
|£ 1,331.43|£ 1,331.43||||| |5/30/2023|Family Life - Rent|2,000.00|||||| |6/28/2023|Family Life - Rent|2,000.00|||||| |7/28/2023|Family Life - Rent|2,000.00|||||| |8/29/2023|Family Life - Rent|2,000.00|||||| |9/28/2023|Family Life - Rent|2,000.00|||||| |10/30/2023|Family Life - Rent|2,000.00|||||| |11/28/2023|Family Life - Rent|2,000.00|||||| |12/28/2023|Family Life - Rent|2,000.00|||||| |12/7/2023|Family life - insurance|758.05|||||| |1/29/2024|Family Life - Rent|2,000.00|||||| |2/28/2024|Family Life - Rent|2,000.00|||||| |3/28/2024|Family Life - Rent|2,000.00||||TOTAL|5000.00| |4/29/2024|Family Life - Rent|2,000.00|||||| ||total rent|24,000.00|||||| ||ins reimb|758.05|£ 24,758.05||||| ||Total Income||£ 26,089.48|£|26,089.48||| ||||sub total|£|86,962.32||| |LESS PAYMENTS|||||5,000.00||| |BALANCE C'FWD||||**£**|**81,962.32**||| ## **CHARITABLE ACCOUNT 1 ST MAY 2023 - 30 TH APRIL 2024** |**RECEIPTS**
**5/1/2022 OPENING BALANCE**
4/12/2024 transfer from mm a/c
**RECEIPTS**
**SUB TOTAL**
LESS PAYMENTS
**BALANCE C'FWD**|£
**PAYMENTS**
Date
To and reason
CHEQ NO
**32,356.06**
**32,356.06**
5/2/2023 HSBC Bank Charges
6/1/2023 HSBC Bank Charges
7/2/2023 HSBC Bank Charges
8/1/2023 HSBC Bank Charges
9/1/2023 HSBC Bank Charges
10/2/2023 HSBC Bank Charges
11/1/2023 HSBC Bank Charges
12/2/2023 HSBC Bank Charges
1/1/2024 HSBC Bank Charges
2/1/2024 HSBC Bank Charges
3/4/2024 HSBC Bank Charges
4/1/2024 HSBC Bank Charges
9/25/2023 Thirsk & District Museum Soc
12/12/2024 Sector Assurance - Insurance
12/13/2024 Eccles Heddon rent review
12/20/2023 Fox Trophies - plaque
1/11/2024 CGB Audit
2/22/2024 Fox Trophies - plaque 2
3/7/2024 White Horse swim team
3/8/2024 Thirsk Comm Works - laptops etc
3/12/2024 Hillthorn - wall repairs old infants school
3/18/2024 Secretary expenses
3/19/2024 Charlie Dallas Foundaton
3/21/2024 Thirsk school SE needs
4/18/2024 Thirsk Youth Club
£ 5,000.00
5000.00
**5,000.00**
**TOTAL PAYMENTS**
**£ 37,356.06**
£ 34,276.02
**£ 3,080.04**|£
£ 5.00
£ 5.80
£ 5.00
£ 5.00
£ 5.00
£ 5.00
£ 5.40
£ 5.00
£ 5.00
£ 6.20
£ 5.40
£ 6.20|£
£ 5.00
£ 5.80
£ 5.00
£ 5.00
£ 5.00
£ 5.00
£ 5.40
£ 5.00
£ 5.00
£ 6.20
£ 5.40
£ 6.20| |---|---|---|---| |||£ 64.00 £ 64.00
£ 5,680.00
£ 899.02
£ 354.00
£ 186.00
£ 48.00
£ 100.00
£ 500.00
£ 5,480.00
£ 96.00
£ 50.00
£ 2,244.00
£ 15,000.00
£ 3,575.00|| |||£ 34,212.02 £ 34,212.02
£ 34,276.02|| ||||£ 34,276.02| NB HSBC CHANGED THE COMMUNITY ACCOUNT TO AN ACCOUNT CALLED CHARITABLE ACCOUNT IN 21/22 THEY ALSO INTRODUCED CHARGES FOR HAVING AN ACCOUNT AND AN ITEM CHARGE PER CHEQUE USED. Trustees changed arrangements so that rental income went direct to Money Maker and hence earned interest hence only income in Charitable account is from transfer from Money Maker A/c. rn tD ) CO (n 0000000 000000