REGIrnED CHARITY NUMBER: S271￿h8
THE SIR RICHARD RAYNES FOUNDATION AND OThEI
(worklng nome.. Roynes Trustj
RECEIPTS AND PAYMENTS AccouNrs
FOR ThE YEAR ENDED
30 June 2024

THE SIR RICHARD IIAYNES FOUNDATION AND OTHER5
TRUSTEES REPORT
30th JUNE 2024
Registered Charity No 52rA18
Honorary Secretary to the Trustees:
Dr. C. J. Rupp 4, Laura Davies Close. Melton Mowbray, LE13 IEG
The Sir Richard Raynes Foundation and Others Is govemed by a scheme dated 13th December 2001
Issued by The Charity Commisslon for England and Wales under the poV￿r given in the Charities Act
1993 incorporating the charities previously known as The Charitie5 of Sir Richard Raynes IRaynes Trust
and Thomas Hartopp and Others (Melton Local Bequests) and amended by schemes dated 7th
November 2011 and 18th November 2014. The prindpal address is, Laura Davie5 Close, Melton
Mowbray, LE13 IEG.
Under the tern)s of the go¥pming document the Incwnbent of the thurch of England Team Parish of
Melton Mowbray serves as an ex-officio Trustee, two Trustees are nominated by the Parochial Church
Council of the Team Parish of Melton Mowbray and slx other Trustees are co-opted In accordance wlth
the Scheme. Nominated and w-opted Trustees serve for four years after which they can be nominated
or co-opted for a furtherterm. Two Trustees Inominated and co-opted) ￿tIre each year. New co-opted
trustees are invited by the exi5tin8 body of Trustees to accept appolntment.
The Trustees on the 30thof June 2024 were:
Rev. Dr. Mary Barr
Ms Louise Finn
Mrs Alison Freer-jones
Ms Adrlenne Holland
Mr Roger Kirby
Mr lan Neale
Mrs Catherine Shenton
Mr Keith Wilson
Mr Chrlstopher Joseph
Team Rertor, Parish of Metton Mowbrav
Nominated Tmstee
Chaiman of Trustee5
Nominated Trustee
The A￿a of benefft is the town of Melton Mowbray In the County of Leicestershire.
The objects of the Charity are to promote the education of persons under the age of 27 who are In
need of financial assistance. who are resident in the area of benefit. or who attend, or have attended
for a period of at least 2 years a school or college in the area of benefit- the relief of persons resident
In the area of benefit who are in need. hardship or distress- and to further the religious and other
charitsble works of the Church of England in the area of benefit.
Appllcations for a55iStance are considered by the Trustees at quarterly meetings or more often if there
is a need. Grants are made in actordance with the objerts of the Charity to individuals or organisations
on their behalf such as schools. clubs and other local charitable institutlons which work towards the
advancement of education in the area of benefit. The Trustees have an arrangement with Leicester
Charity Link of Leicester Charity Organisation Sotiety Ltd (Registered Chartty No. 10782711 to assist
with the assessment of hardship applications and to distribute funds accordingly. Leicester Charity
Organisation Society Ltd Is an Old established charity with a vast experience and the resource5 to deal
with hardship applications. The Trustees delegate the day-to-day administration of the Charity to the
Honorary Secretary.

THE SIR RICHARD RAYNES FOUNDATION AND <miERS
TRUSfEES REPORT Contd.
Within the rules of the Scheme the Twstees consider applications from as many dtfferent person5 or
community Groups as possible. Duringthe year ending 30th June 2024 total grants of £35,269.45 were
paid to help and support young people and their families. and others In need. with payments directly
to the individuals themselves Of to organisations on their behalf including-
£14,713.￿ indrvidual young people- for educational expenses. including travel
£1,321.03
to students for books and learning equipment
£2.503.87 local community groups and the church
£12,470.55 to schoo15 for specific projects
£1.SCrf).(Ki to Raynes scholarships to students
£500.00
to Shouler bursaries to students for further education
Administration expenses and governance costs amounted to £204.￿. However, there Is an
outstanding cost of £1,500 to the Honorary Secretsry. which will be paid in the next financial year.
Grant payments have increased considerdbly in several categories. compared to the previous year,
2022-23. although for Books & Equipment the totsl payment was slightly reduced. Most of the
increases are due to the funding of larger projects, such as a library refurbi5hrnent at The Grove
Primary school, and travel grants for larger group trips.
Income is received quarterly from investments held in the CCLA Ethical investment aCCOUDts to which
the tru5t'5 investments were transferred on 2 July 2021. A deposit account with CCLA also holds £3,000
as a buffer for unexpected demand. The Trustees, policy is to maintsin the Endowment Funds to realize
the optimum income for distribution as grant.
Cash funds carried forward to 2024-25 were £80.315 plus £3,OCQ In the deposit account.
The Trustees have reviewed the attached financial staternent as at 30th June 2024 and conslder thls
to be a falr and sound position.
The Trustees hold a current account with HSBC at 17 Hi8h Street. Melton Mowbray. Leicestershlre,
LE13 ori, with access to online banklng
The Independent Examiner is Amanda Cornforth of Panda Bookkeepin& Fargate Barn, 2a Main Street,
Holwell, Melton Mowbray LE14 4SL
lan Neale
lan Neale
Trustee
J. Rupp
Honorary Secretsry to the Trustees

THE SIR RICHARD RAYNES FOUNDATION AND OTHERS
Date
STATEMENT OF ASSETS AND UABILMES
June 2024
2024
2023
INVESTMENTS Inote l)
846.680
846.680
mON￿ARy ASSETS
Bank- current account
Deposit account
80,315
76,693
83,315
79,693
NEf ASSETS
929,995
926,373
Funds:
Income Fund Unrestrlrted genernl purpose
Balance at the beginning of the financial year
Net Ipaymentl receipts for the year
138.939
3,622
111,548
27,391
8alance at the end of financlal year
142,561
138.939
Permanent Endowment Fw
Balance at the end of financlal year
787,434
787.434
TOTAL FUNDS:
929,995
926,373
Approved by he trustees on 3￿jUne 2024 and signed on their behalf by:
l. A. Neale - Trustee
C. J. Rupp- Honorary Secretary to the Trustees

THE SIR RICHARD RAYNES FOUNDATION AND ¢YIHERS
RE￿IpTs AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 30 JUNE 2024
2024
2023
Recdpts..
Income from Investments
Unrestricted COIF Investment Fund Income Units
Endowment funds COIF shares dividend
Charities deposlt account Interest
Other income
Returned Grants
Total Receipts
2,725.12
36,219.34
150.83
2.703.14
35.927.25
78.77
39,095.29
38,709.16
Payments:
Children's Clothlng and Footwear
People in need
Educational Grants payable
IndivSduals
Books & Equipment to Students
Community Groups & Church
Local schools & colleges
Raynes Scholarships
Shouler Bursaries
2,261.00
14,713.1x1
1,321.03
2.S03.87
12,470.55
I,soo.00
500.00
3,124.C
2.258.07
1,416.50
1.490.00
1,500.00
500.CN)
Admlnlstratlon:
Admin fee Leicester Charty Link
Post, reprographics, phone
Independent Examiner remuneration
Gifts
Room Hlre
Bank
Admln costs:
0.00
0.00
ICN).00
367.96
550.IK)
51.50
60.CKI
1,029.46
204.00
35.473.45
11,318.03
Net (payments) Reeelpts lor year.
3.621.84
27,391.13

THE SIR RICHARD RAYNES FOUNDATION AND OThERS
NOTES TO YHE RECEIPTS AND PAYMEKfs ACCOUNTS FOR THE YEAR ENDED 30JUNE 2024
I. INvESTME￿rs
2024
2023
Investments
The investment income consists of COIF income Sha￿S. Since changing to the receipts and
payments basts the assets have not been revalued. 63,579 COIF income shares are held as
permanent endowment to generate income for the general purpose of the foundation. The
Investment is therefore held In a restrlcted fund, while the income generated is transferred to the
unrestricted fund as it is earned.
A legacy received in 2¢￿1, the sale proceed5 of land in 2(Kll and a donation in 2014 have been
Invested in 4,783 COIF income shares which a￿ held to generate income for the general purpose5
of the Foundation. The iftvestment is, therefore, held in an unrestrlcted fund (see note 31.
2. FUNDACCOUNTING
Funds held by the charity are:
Unrestrlcted general funds - these are fund5 which can be used in accordance with the
charltable objects at the discretfion of the trustees.
Deslgnated funds- these are unrestrlrted funds earmarked by the trustees for particular
purposes.
Restrirted funds - these are funds that can only be used for particular, restrirted purposes
wlthln the objects of the charity. Restrictions arlse when specified by the donor or when
funds are raised for particular, restrlcted purposes.
Permanent Endowment fund5
these funds represent those assets which must
be held permanently lty the charity, principally investrnents. Income arising on the
endowment fund5 tan be used in accordance with the objects of the charity and Is Included
as unrestricted income.
3. ANALYSIS OF NEf ASSEfs BETWEEN FUNDS
InVest￿ts Bank Totsl
Balances 2024
Re5trlrted funds
Permanent Endowment
787 434
787.434
787,434
Unrestrfrted funds
General
142 $61
846 680 83 315
Details of the permanent endowment fund are given in note 2 alM)ve.

I reportto the charity trustees on my examlnation of the xcourts of the charity forthe year ended 30
June 2024 whlch are set out on py 4 to 6.
Resp(￿[bIllI1es and ba515 of rewt
A5 the thariWs trustees a￿ responsible for the preparatlon of the acCI￿nts In aeeor(lance wlth
the requirements of the Charities Art 2011 (lhe ACVI. I report in ￿$pert of my examlnation of the
tharitys accounts carrled wt under Sec￿￿Tr 145 of the Act and In carrylng (xrt my examination I have
fojlowed all the awicable Directlons irythe tharity COMMI￿ undersedlon 145151{b}l of the
Independent wmln*s ststement
I have completed my examination. I confimi that no material matters have come to nry attentlon.ln
connertion with the examination giving me cause to belie￿ that in any material respert".
l. Accourrt5r8 records ￿re not kept In respect of the chaTIty a5 required by section 130 of the
Act; or
2. The accounts (h) not accord wlth those records.
I have no concerns and have corne acr055 no other matters in connection with the ￿MinatiOn to
whith attentlon 51Jould be drawn In thts reFK)rt In order to enaNe a proper understsnding of the
accounts to be reached.
io/f /zs.
Amanda Comforth. Independent Examlner