2025-12-31-accounts

CHRIST'S HOSPIT NDOWMENT AT RHANW RTH The Christ's HosJlal Endownent al Potterhanworth is Cor￿trtUt0d by a Charilabte S¢herne Sealed on 4th March 1982. which upjaled a scheme made by the B08rd of Eduf2tion on 8th September 1914, as varied by a scheme made by that Board on 30thJanuary 1925. The charty ￿ a registered ¢harf(y, number 527669. ￿th the net Incclre of the charty lo be applied in 'prtsmoting the educ2lion, induding social and physlcal Iralnlng, of person8 under Ihe 8ge of 25 yeofs o are or have a parent or parents. resident in the Parish of Potterhanworth.. Tr￿lee$ are appointed in accordance with the Chartsble Scheme. The trustees Iknown as the governors) ol the charty during 2025 were'.- M Andr￿5 RE w1￿¢r￿ E Boardman CH Bullei Carrington D Collins KL King Chairman Vi¢e Chairman Treasurer No remuneration Wds paid lo any of the trustee3. The Clerkto the govemors Mrs M Mathin Meaotow Vi Barff Road Potterhanworth Lincoln LN4 2DU 8anker8'. National We6tmin8ter Bank PIC 225 High Slre&l Llncoln LN2 1AZ COIF Charilles Depc6f( Fund CCLA Fund Managers Ltd 1 Angel Lane Ltr)don EC4R 3AB Soliciior8'. ProFety knwders.. Mes8r8 Sllls & Betlgrhyge 46 Sifver Street n￿1n LN2 1EO Mess Jas. Martin & Co. 8 Bank Street L￿n￿1n LN2 1DS lTrJependent Exarniner. Rotert Anderson BS¢ FCA streets LLP TOv￿r House, Lucy Tcfyver Street Lincoln, LN1 1XW

Charrty law r&Juires the Trustee8 to prepare a receipt8 and payments account and statement of assets and Ilabililies lor each financia1 year The stalem$nls Should givo a true and fair view of the slate ol affairB of the charity arKI of ts flnanclal 8Ctlvrties for that perlod. They should properly present the eharity's récèipts and payments for the year, together wlh its assets and liabilities al the end of the period. adequately distinguishing any malerlal special trust or other re8liicted lund of the charity. In preparing those financial statements th& Trustees are required to',- Select Suitab￿ accounllw p)Ildes and then apply them Cor￿1$1en1Iy. bl Make judgements and ests'mates that are reasonable aTrJ prudent, Stsle whether the policies wjtspted are in accordance wrth the 8ppropri8le SORP on axounling by charllie8 and the accountlry regulations and wlh applicable accountlng Standards, subÈe¢t t¢ any material dgpartuies disclosed and explainwj in the financial 8ts1omgnl8, The Truolee8 are responsible for keeFJng proper a¢xountiro reoordg ￿1c￿ diseltxe, vAth reasona￿￿ a¢cJJracy al any Ilme, the financlal pogrtlon of the charity, and enatle them to •n8ur* that the flnanclal stslements comply wf(h the applicablè A￿OuntIng Standard8 and Statements of Re￿Mrnended Practicé and thè regulatlon# mad¢ under the Charitle8 Aet 2011. They are also re8Fon8lble for 8aleguarding the a88ets of the char￿Y and hènee for laklng re￿Onable 8tew ltsr the prevention and ¢Jelection of Iraud or oth8r irregularities. rui l of tr)e gov¢m¢XS Ilru•teesl arè local vlth a ¥lroryJ Gonnection to th& parBh. The End¢wment was louTrJ8d by Qr Rlchafd Smrth who dled In 1602. The Governors, recogn￿Ing the tong-tèrm nature of the charlty alm lo mainlaln the value of the re88N88. Thlj 18 80 that l(rture g&ngration8 a& wèll 88 the pre8ent onè may benolil from the endowment,

D318tD CEMBER 20 rma 'JJ Annual Re Tt The airns of this chanty would not be possible wtthout the commitment olthe volunteer governors plu¥ the clerk and carelaker, together ¥Mlh the wider communlty of Potteihanworth. I wsh to thank all lor their supptsrt throughout the F4St year and into next. I would like to w8loome lfj'm as a new Iru5tee. The Trusts unlque ielalionshlp wlh Potterhanworth ColE Primary School flourishes and welcomed new Head Teacher 8en Kennedy in September and I would like lo pa&8 on our best wishe8 to the outgoino head Debbie Challenor upon her retirement. The $¢hool 1$ the main usgr of the premises comwi8lrg of the Momorlal Hall, Prè-school, addrtlonal classroom and sports fleld, all rnan•Jed by the trust. The Memorial Hall Ss used by a number ofdifferenl grouw In the ovenlngs and weekend6 and we are aclNoly promoting space lor pr￿at9 funcllon8. At the end of the Summer term, I wa8 delighted lo pres&nl 26 schcol ￿1ver8 %￿h Ih•lr choson b)oks, funded by tha trust, as trey head off to 8ec¢ndary educallon in the autumn. The annual autumn oiant8 were metlculou8ly managed by the v￿ Chalr Ralph ￿lf0rd ¥th&ré up lo £65 per clalmant can be Bought lor extra-curricular and educational a¢tlville8. The uptake wa8 agaln low compared to the 88limaled young per6on8 in the parlsh. We ￿11 ￿ adv8rtk8lng the opportunity to daim Yia 8ever81 social medrd siles and giapevine publicatlon. During the next year we ￿11 be flnalitslng lea8e renewals wth the School and local authorrty. Drive do¥vn running c%)$18 through low energy lightirrfJ. water healing and advice lo users on econorny of use. 11 vra8 decided rK)I to in$lall battery Storage al Ihl8 stage duts lo Inllial o)Bts vs benefit. Thè hall '100￿￿9 tired, and so we have Sot aslde monles to inhlally conduet a deep clean aTra In the 6urnmer hollday8 plan lo repaint all area$ and commi8810n r•FIa￿rnents curtalns plu8 the frtting ol acousti celling panels to deaden th• Sound vth•n filled by lolo ol ex¢i(ed children. rk Andfew? Bsc Chair- Chrul'8 Hospital ETrJovnnent at Pott¢rhanworth Date. 16 ) %6

spi TTE IdlDg• Tol•l R•e•lpl• IhV••tmnl IrKom• 9.069 17 8,788 8,788 17 17 17 • ¢1 lh• M•ftril Hll School 18,870 16,570 8,708 8,70 8,516 8,518 18,570 18,570 10,473 10,473 8,518 8,516 Pf4school E￿￿OrdInAry In¢orn• Gov•mrTh•nl Gr•nt Cph•l Tr4Tr••614gn• Pr•¢••d Ir•m Irf4••trr•n 25,08S 25,08S 31 811 Q5945 33 576 42 Grnnts G￿n 5.070 5,070 8.969 Hil Runnlng ￿•ts 16.877 15.877 21,497 21.497 Ad1￿￿1¥trIIknn 3,702 3,702 3.899 Cphl TriM•dl•M PU￿h1 •f Inv•4tnxrt• ?s,otr) 18 877 $9 049 21497 31 Cés Mov•m•rt 62 12D79 11 297 uA￿d BllnWd•po •¢wunt •* il i•t JIrt￿ry 14.788 N•t rrov•rn•nl In fund$14b•v•l 11.297 4nkld•po•6t Acooynl b•l•n￿l •• •t 31st D•¢•mlJ•r NAIknMI I￿•1￿￿n¥t•r B•nk Pk.Curr•nt •¢eount C.O,l.f. Fund •ccount 27.593 4,708 23201 2084 Apprgv•d ty th• trwl•••l gov•rrm on 16 June 2028 ind 14n•d on thdr bth•¥ ty :. ANDREM ICHAIRI

Ilon•t•ry ••4•ti Nits>nl ￿￿lImIn$t+1 Blnk Pk. Cury•nt•¢G•urt C.Q.I.F. D•pOl￿ Fund a￿u￿ 27,593 23,201 28085 O•bttsrB Pr•K Invutm•rrt i•ti. mi￿1 valu• 35,309 C.0.1.F. Ctharf•• Prowty FuTrJ 1,442 M a G c￿rIlund 37.230 31,728 52.486 S,850 C.O.l.F. Ch•Ffd• IDvulm•nt i¢Ro¢kChdlkn LIK Bond 90,012 24 88S FIM•d P•n•l• CO￿. 2tr23 14.170 14,870 D•pr•¢l•lKin brouTrYt¢Mrd An￿•1 ¢h•rA• Str•1oht UM. N•1 t3•k¥4lu• 744

OSPIT Do ORTH Permar￿n1 ÉndtsvaTr￿￿l Lind Atylr4nu Mtmtsrlil ￿11. Barfl Ro•d Includlng.. Dr Alchard SmNh M•rnorf41 Hill. 1Q8,644 17.150 833 1¢¢,844 17.1x1 833 CDst-2Q13 CoJl- 2014 C•$l-2015 93 930 220.$57 220.557 C•pr•¢k41ion broughtlomard AnnuBI charge N•t book wlu• 138.223 8.2 129,0 8,233 138 223 Adthtion•l P￿Id11 Cty8t- 2016 ost-2017 1&1,353 133,353 128,LMJO 138.L¥KJ D•pigckitkin brought torwaid null ¢haig• Not book vJlue 31.0 3,450 27.6 3,450 34%0 103 500 The total sum insur&J in resFecl of the Memorial Hall and the Pre Scho)ol vfas £1.827.002 In June 202S. The annual charge for depreciation rs taken into account when the amunl avaikble for the grant allocation is ¢alculaled. As al 31$1 De¢ember 2025 invsslments with a market value of £223,138.09 had been erther purchased or allocated lo Ihe'deprecialion fund Ilhe number ol units purchased or 81lor91￿1 are based on the annual depreciation chargel. This holdirYJ B Induded wlhin the investments notJ above. The buildings held by the Chrisys HosOal Endowment al Potterhanworth are valued at (teprecialed $1, as there va no markel-based evi¢Jence of fair value due to their locaticfi within the school setting IFRS 102 January 2022 Para 17.151. The dewecialion fur¥J is used as a way of preserving the overall balance Sheet value of the chr￿￿9 Hosp'tal Endowment al Potterhanworth, by formali8lng that investments shoukj Èe made al the same iale as buildiTrJs are depreualed. Other assels.- IA) Land LL8ed as the school field al the lear of the Memorial Hall. 181 Chairs tables and ¢lher furnrture et¢. and eqLslpment ￿thin the Memorial Hall held lor fundional use by the chamty. IThe aggreaale cost olthese Items ha$ not been quanlifiadl. Approved by the Iru8lees I govemor8 on 16 Junè 2026 ènd slgngj on their behalf by:_ QREWS ICHAIRI

umbe The Accounts are prepared on a receiFts and payments ba6& In line wth tha accounllng guideline8 prc¥JuG￿I by the Charity Commi88ione¥8, bl Wrthin the statement ol A68ets Liabilitie6, the Dr. RIGhard Smrth Memorlal Hall 18 in¢ludad al cost and depreelated on a straight Ilne basis over forty years and will be fully depieclated ty the end of 2034. Sut6equenl addth'orB are depreciated on a #lraighl Ilne ba8h so that they to will ￿llY d•w•ciatèd by thè ènd of 2034. The addillonal bull¢Jlng comtyeled In 2016 and currently occupled by the Potterhanworth Preschool Wd Included at cc61 and depreciated on a 81raHJht line ba8ts c¢ver 40 year8 and wll b& fully wrttten off by th• end of 2055. Expendf(ur• on In¢ldgnlal 8qulpmenl a¢ttlor Is wrltten off In tho Re¢gSpts and Paym¢n18 acLo¢Jnt In the year of purcha•è. dl The nxed a86ets aTrJ Investments ol the charty are derfved from the orlglnal holdlng8 of land and the net income arising from them 1$ applled as outyined in the annual roport. During the year grants Y￿re awardad lo IThlivl¢Jual8 r&lalln9 to Ihg lollowng Iru8le88.' •) £130 wa8 awarded tts M.M4chln, Clark bl £ 65 was awarded lo D Collln• Th$ Tru8tee8 are re8klent• of Pottethanworth and #r• Ih•r•lore onlttled to apply for and rec*iv grants from the chartty.

CHRIST’S HOSPITAL ENDOWMENT AT POTTERHANWORTH

(Charity number 527669)

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF CHRIST’S HOSPITAL ENDOWMENT AT POTTERHANWORTH

I report on the accounts of the Trust for the year ended 31 December 2025, which are set out on the attached pages. This report is made solely to the charity's Trustees, as a body, in accordance with section 145 of the Charities Act 2011 and regulations made under section 154 of that Act. My work has been undertaken so that I might state to the charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my work or for this report.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (“the Act”). The charity's trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.

It is my responsibility to:

• examine the accounts under section 145 of the Charities Act;

• to follow the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act; and

• to state whether particular matters have come to my attention.

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention which gives me cause to believe that in, any material respect:

• the accounting records were not kept in accordance with section 130 of the Act; or

• the accounts did not accord with the accounting records; or

• the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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 accounts to be reached.

Signed: Dated: 25 June 2026

Robert Anderson BSc FCA STREETS LLP Chartered Accountants Tower House Lucy Tower Street Lincoln LN1 1XW