## Trustees’ Report 2022-23
## The Saint Ambrose College Charity
Charity Commission Registration Number 526013 (England)
## **The Saint Ambrose College Charity**
## **Financial year**
This Trustees’ Report covers the period 1 April 2022 to 31 March 2023.
## **Objects, activities and achievements**
The Charity’s original governing document is a Declaration of Trust dated 10 October 1955.
The Charity was registered by the Charity Commission on 11 December 1963.
The Charity’s main Object is the advancement of education and the Catholic religion by sharing the financial burden involved in providing accommodation and facilities required by Saint Ambrose College, a state-funded, independent Catholic grammar school in Hale Barns, Cheshire.
The trustees have regard to the Charity Commission’s guidance on how to further the Charity’s purposes for the ‘public benefit’ when determining the Charity’s activities.
## **Reserves**
The financial reserve at 31 March 2021 was £322,480.40. The trustees intend to use all this reserve to provide future additions or enhancements to the College’s facilities.
## **Administration**
The Charity’s administration is conducted at Saint Ambrose College, Hale Barns, Altrincham, Cheshire, WA15 0HE.
## **HM Revenue & Customs reference numbers**
Charity Number X91093 Self Assessment Nomination Number MAQ92KG Trust & Estate Tax Reference Number 8970659212
## **Charity correspondent**
Mr K Done, Saint Ambrose College.
## **The Saint Ambrose College Charity**
## **Bankers**
HSBC plc 11 New Stamford Road Altrincham Cheshire WA14 1BW
CCLA Investment Management Ltd Senator House 85 Queen Victoria Street London EC4V 4ET
## **External financial scrutiny: independent examiners**
DJH Mitten Clarke, Chartered Accountants, Bridge House, Ashley Road, Hale, Cheshire, WA14 2UT.
## **Trustees**
Mrs M Ireland (Chair) Dr A Mottram Mrs S Alford Mr D Rainey
All trustees held office on the date this Trustees’ Report was signed. New trustees may be nominated by the Saint Ambrose Parents’ Association and are appointed by the existing trustees.
## **Interests**
Mr D Rainey is employed by Saint Ambrose College Edmund Rice Academy Trust. Decisions relating to the application or investment of funds require a simple majority of trustees. Financial instructions require all trustees’ agreement.
Signed on behalf of the trustees:
Mr D Rainey
## **THE ST AMBROSE COLLEGE CHARITY REGISTERED CHARITY NUMBER 526013 RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 5 APRIL 2023**
|**RECEIPTS**
Donations
Income Tax Receipts (Gift Aid)
Interest Received
**PAYMENTS**
Grant to College
Audit fee / Bank Fees
**Net surplus**
**BALANCE SHEET AS AT 5 APRIL 2023**
**CAPITAL FUND**
Balance brought forward
Surplus for the year
**REPRESENTED BY**
Balance at Bank :
Current Account
COIF Charities Deposit Fund|**2023**
**£**
22,319.00
£
5,622.75
£
4,569.16
£
-
-
32,510.91
£
289,969.49
£
32,510.91
£
322,480.40
£
121,039.52
£
201,440.88
£
322,480.40
£|**2022**
**£**
24,289.00
£
-
161.13
£
-
-|
|---|---|---|
|||24,450.13
£|
|||265,519.36
£
24,450.13
£|
|||289,969.49
£|
|||92,607.63
£
197,361.86
£|
|||289,969.49
£|
Signed:
**Mr D Rainey (Trustee)**