## **Trustee’s Annual Report for the period: 1 April 2024 until 31 March 2025** ## **Administration details:** |**Administration details:**|| |---|---| |Charity name:|**Rugeley Educational Endowment**| |Charity registration number|**528603**| |Charity principal address:|**2 Staffordshire Place, Tipping Street,**
**Stafford, ST16 2DH**| ## **Objective:** |Governing document:|**Title Deed registered with Charity Commission**
**on 31 March 1994 and as amended on 6 July**
**2017**| |---|---| |Objective of the Charity|**To provide for any eligible school equipment and**
**other items, services and facilities for such**
**school and thereby advance education thereat.**
**In otherwise promoting the education either**
**generally or individually of beneficiaries.**
**The Trustee shall apply income in awarding**
**prizes to pupils in recognition of their academic,**
**artistic, moral of physical achievements, thereby**
**furthering their education.**
**Area of Benefit shall mean the area of Rugeley.**
**Eligible school shall mean any secondary school**
**in the Area of Benefit.**
**Beneficiaries shall mean persons under**
**25 years of age who are or who have been pupils**
**of an eligible school.**| ## **Structure, governance and management:** |Registered Trustee|Staffordshire County Council| |---|---| ||| |Managing Trustees|Managing Trustees are Teachers, Governors or
representatives of the eligible schools appointed
by each school.
Criminal Records Bureau checks were carried out
prior to commencement of their involvement.| Schools represented were : The Hart School Academy ## **Financial details and summary of the allocation of funds** The Managing Trustees met regularly to consider requests and to allocate awards and grants to individual pupils and to the school, to support various projects including the purchase of digital learning services, the award of student prizes and rewards and contributing to various educational visits. The financial statements were supplied and analysed by the Managing Trustees three times during the year. |During the 2024/25 financial year, total income received from permanent and
temporary investments was £56,319.25 and total expenditure was £32,542.60.
The details of the expenditure from the Endowment are as follows:|During the 2024/25 financial year, total income received from permanent and
temporary investments was £56,319.25 and total expenditure was £32,542.60.
The details of the expenditure from the Endowment are as follows:| |---|---| |Area of expenditure|Amount
£| |Financial Assistance/ Grants/ Awards|3,304.35| |Educational Equipment|22,920.55| |Educational Visits|6,317.70| |Total|**32,542.60**| ## Investments |Investments||| |---|---|---| |Name of Investment|Number of Units|Market Value as at
31 March 2025
£| |COIF Investment Fund|94,001.34|1,831,203| ## Additional information Managing Trustees also committed expenditure to the value of £21,375.26 towards individual school projects, which was unspent at the year end. ## **Independent Examination** The financial accounts of the charity for the financial year 2024/25 were checked and approved by an independent examiner from the Staffordshire Internal Audit Service. Signed on behalf of the Charity Trustees Full name: Melanie A. Stokes Position: Assistant Director for Treasury & Pensions Date: 14.10.25 ## **- RUGELEY EDUCATIONAL ENDOWMENT TA0010** **----- Start of picture text -----**
Statement of Income & Expenditure for the period 1 April 2024 - 31 March 2025
£ £
Balance on temporary investment b/fwd 72,806.09
Income
Interest on permanent investments 52,236.54
Interest on temporary investments 4,082.71
56,319.25
Expenditure
Education Visits (6,317.70)
Discretionary Grants (7,843.17)
Sporting/Cultural Activities (15,077.38)
Financial Assistance (3,304.35)
(32,542.60)
Surplus income on temporary investment
with Staffordshire County Council at 31 March 2025 96,582.74
Committed Expenditure
(Please see attached breakdown for full details) (21,375.26) (21,375.26)
Total available for expenditure at 31 March 2025 75,207.48
Summary of Investments
Purchase Nominal Unit Market Forecast Due
Price Value Value Value Annual
Permanent Investment Type Units Income
£ £ £
COIF Investment Fund Income Share 888,403 94,001 1,948 1,831,203 53,837.35 Jun/Sep/Dec/Mar
Total Market Value as at 31 March 2025 1,831,203 53,837
**----- End of picture text -----**
Independent Examiner's Report to the Trustees of The Rugeley Educational Endowment- 528603 I report to the Trustees on my examination of the accounts of the The Rugeley Educational Endowment Trust {'the Trust'l for the year ended 31 March 2025. Responsibilities and Basis of Report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charilies Act 2011 I'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 all the applicable Direction5 given by the Charity Commission under section 145{5)(b) of the Act. Independent Examiner's Statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. Accounting records were not kept in respect of the Trust as required by section 130 of the Act., or 2. The accounts do not accord with those records I have no concerns and have come across no matters in connection with the examination to which attention should be drawn in this report in order to enable proper nderstanding of Ihe accounts to be reached. Lee Taylor Audit Assistant Internal Audit Services Staffordshire Place 1 Tipping Street Stafford Staffordshire ST16 2DH 3 October 2025