CHARITY COMM1$51tr1
FOR E￿[￿14D Ntr40 WAIES
Trustees. Annual Report for the period
Period start date
Period end date
From
Jan
2024
31
Dec
2024
Section A
Reference and administration details
Charity name
BARFORD ST PETER'S SCHOOL TRUST
DUGARD AND MILLS, SCHOOL ENDOWMENT (Old Name)
BARFORD CHURCH OF ENGLAND SCHOOL TRUSTEES
(Working Name)
BARFORD SCHOOL TRUST
Other names charity is known by
Workin
Name
Reglstered charity number (if any)
528671
Charity's principal address
The Rectory
Barford
Warwick
Postcode
CV35 8ES
Names of the charity trustees who manage tho charity
Trusteg namg
Office lif any)
Dates acted if not for
whole year
Name of person lor body)
èntitled to appoint
trustee
ifa
Jonathan Partridge
Helen Clay
Jenefer Heap
Roger Braithwaite
Janet Grewal
Chair and Treasurer
Secretary
Revd. Andrew
Larkin
Ex-officio
Inactive and retired in
February 2024
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Namè
Dates actèd if not for whole
ear
Names and addresses of advisers (Optional infom)ation}
e of adviser Name
Address
Independent
Mrs Alison Lusty
4 Wilkins Glose, Barford, Wa￿1ck, CV35 8EX
Examiner
Legal Advisor
Ms Jenny Dymond
Messrs Rotherham & Co.. 8-9 The Quadrant. Coventry.
CV1 2EG
Bankers
Lloyds TSB
98 Victoria Street, London SW1 E 5JL
Name of chief executive or names of sanior staff mèmbers {Optional inforniation)
TAR
February 2025

Section B
Structure,
overnance and mana
ement
Description of the charity's trusts
Type of governing document
le.g. trLtst deecj, constitution
Will dated 30 May 1677, Conveyance and Trust Deed dated 6th July 1836
and a Scheme established and sealed on 22r￿ July 1997.
The body of Trustees consists of one ex-ofFicio trustee, the present incumbent
of the Parish of St. Peterfs Barford. and six co-opted truslees as detailed in
Section A.
How the charity is constituted
Trustee selection methods
ap
dby
When a vacancy occurs among the trustees. the remaining trustees
appoint a surtable person to make up their number, as outlined above.
Additional governance issues (Optional infonnationl
Structure
Barford St Peterfs School Trust is a Charity eslablished under the Charity
You may choose to include
additional information. where
relevant, about..
policies and procedures
adopled for the induction and
training of trustees.,
the charity's organisalional
structure and any wider
ne￿ork with which the charity
works.,
relationship with any related
parties..
trustees, consideration of
major risks and the system
and procedures to manage
them.
nd
Commissioners Scheme No 528671, sealed 22 July 1997. and combines
two former charities, the Dugard and Mills Endowment crealed in 1667, and
the Barford School Trust created in 1836.
The Chartty owns land and buildings for the purpose of furthering education
for the children of the parish. The Trust is recognised as a Charity by
HMRC. The registered address of the Charity is The Rectory, Barford,
CV35 8ES, butforcorrespondence is The Cottage. Mill Lane, Barford, CV35
8EJ.
Trustees Membership and Temi of Office
The six co-opted truslees are appointed for a term of five years. The current
expiry dates are as follows..
Jenefer Heap120271
Jonathan Partridge (2029)
Helen Clay12026)
Roger Braithwaite {2026)
Janet Grew31 (20271
The only change to the composition of the Trustee body in 2024 was the
retirement of Revd Andy Larkin who was an ex-officio Trustee in his
capacity as Priest-in-charge of Sl. Peteff s Barford. No replacement has yet
been appointed. It is hoped that a suitable candidate will be found in 2025.
Jonathan Partridge continued in the role of Interim Chair and also
Treasurer. The other elected officer of the Trust {Secretary) also continued
in her role unchanged. Jonathan Partridge reached the end of his five-year
temi in July 2024 and was duly re-elected for a further period of five years.
Chris Harris was approached during the year to become a Trustee in Ihe
place vacated by David Woodcock in October 2023. He has agreed to do
this and will join the Trust in March 2025.
Relations with other local Bodies
Mrs Clay is a memberof the Barford Memorial Hall committee. Mr Partridge
is a member of the Parochial Church Council
Meetings and Financial Arrangements
The Trustees meet twice a year usually in the spring and Autumn and
additionally when necessary. The financial year follows the calendar year.
All financial transactions need the signature of two trustees bul transactions
made via online banking have single authorisation. In view of this, the bank
statements are circulated to all trustees at the end of each month for review.
TAR
February 2025

Section C
Ob'ectives and activities
Objectives
The Charity has the following objectives in terms of the distribution of its
income as OLrtlined in the Scheme dated 22nd July 1997..
To maintain, insure and meet all other charges and oulgoings in
respect of thè properties owned by the Charity.
To assisl the Govemors for the time being of the School to discharge
their obligations under the Education Acts 1944 to 1994 with resped
to the maintenance of the School.
To provide equipment and other items, services and facilities for. and
thereby advance education at, the School.
To promote the education, including social and physical training. of
pupils and fomier pupils of the School under the age of 25 years who
are in need of financial assistance in one or both ol the following ways
or in such other ways as the Trustees think fit..
(11 by awarding to such pupils and fomier pupils scholarships,
exhibitions, bursaries, maintenance allowances or grants tenable
at any school, university, college of education, or other institution
of further education approved for the purpose by the Trustees.,
(2) by providing financial assistance, OLrtfits, clothing, tools,
instruments or books to assist such pupils and former pupils to
pursue their education linGluding the study of music and other arts),
to undertake travel in furtherance thereof, or to prepare for or enter
a profession, trade occupation or service on leaving school,
university, or other educational establishment.
Summary ofthe objects of the
charlty set out In Its
governing document
Activitles Report for 2024..
Bright Horizons (the operators of the Beehive Nursery in the Old
School building) continued to be good tenants. The current ten-year
lease runs until May 2027 and is a full repairing lease. There were no
significant works undertaken during 2024.
The Trust continues to support the school. In 2022 the Trust had given
the school a substantial amount" for a new early years and wrap-
around care unit on the understanding there would be no other major
capital financial assistance for the next 5 years. However, the Trust is
slill able to provide financial assistance to individual pupils and the
Trust made a number of grants to support current and former pupils
with school trips, clothing and travel costs. In addition, the Trust paid
for two tablets to support SEN pupils.
Note.. the final instalment {£3,9321 of this was paid in May
The Old School House continues lo be a reliable source of income. It
is therefore the aim of the Trust to ensure it is maintained to a good
standard to obtain rnaximum rental. No significant works were
necessary during the year given the major refurbishment carried OLrt in
2023. The new tenants continue to look after the property well and
renewed the lease for a further 12-month term from November 2024.
The proposed academisation of the school mentioned in the 2022
annual report has now teen deferred indefinitely.
The Trustees are conscious of their obligations regarding public benefit
and regularfy refer to the charity's objects when taking decisions on
donations and ex
enditure.
Summary of the main
activities undertaken for the
public benefit in relation to
these objects (include within
this section the statutory
declaration that trustees have
had regard to the guidanco
issued by the Charity
Commission on public
benefit)
Additional details of objecllves and activities (Optional infomiationl
TAR
February 2025

Policy on Insurance:
In 2012, the Trustees were advised to take out indemnity insurance
and a policy was initiated with Ansvar Insurance providing truslees,
indemnity up to a value of £500,000 and legal expense cover up to
£100,000. A further long-term undertaking for three years was made
when the policy came up for renewal at the end of October 2022.
The buildings insurance for the Old School House was renewed again
in De￿Mber, and continues to include up to £5,000 cover for fixtures
and fittings covering such items as carpets, light and curtain fittings.
Insuran￿ for the Old School is the responsibility of the tenants, Bright
Horizons, as part of their full repairing lease. This arrangement was
incorporated into the new lease effective from May 2017.
You may choose to include
further slatements, where
relevant, aboul..
policy on grant making.,
policy programme related
investment.,
contribution made by
volunteers.
Forward Planning:
With the £120,000 grant made for the major project in 2022, the need
for regular meetings to discuss the school's future needs in the
nearlmedium term has reduced. However, informal communications
continue on a number of smaller items where the Trust has an interest.
Section D
Achievements and performance
The main achievemenls of the Charrty during 2024 are detailed in the
AGtivities Report in Section C. In summary these were..
Summary of the main
achievements of the charlty
during the year
Providing grants to currenl and former pupils of the school facing
financial hardship to support their continuing education or other needs.
Providing specialised equipment to support pupils at the school with
special educational needs.
Maintaining and improving the properties owned by Ihe Charity to
protect their asset value and maximise their realisable rental income.
Financial Perfomiance
With no major capital funding for the school or significant expenditure on
the School house or Old School buildings in 2024, income exceeded
expenditure for the year by £22,305. The equity account also increased in
value by around 50/0 leaving the Trust in a strong financial position at year
end.
Income was a little higher than in 2023 because of the higher rent being
charged forthe School House to the new tenants (£1,200 per month versus
£1,100 with the prior lease). The annual rent for the Old School was
unchanged in 2024 but will increase again (to £21,000 per year) from 19th
May 2025.
Expenditure was £14,840 lower than in 2023 as a result of there being no
significant capital funding for the school and no significant expenditure on
the properties as referenced above.
In October, £20,000 transferred back into Ihe CCLA Deposit account
to replenish some ofthe reserve spent on the major school project in 2022.
Overall, the Charity continues to be in a strong financial position going into
2025 with total funds of nearly £156k and rental income of £34,400 p.
from the two properties (increasing to £35,400 from May 2025}.
TAR
February 2025

Section E
Financial review
The Trustees adhere to a reserves policy which..
Maintains reserves at a level which ensures that the Charity's core
activity could continue during a period of unforeseen difficulty.
Maintains a proportion of reserves in a readily realisable form.
Builds up reserves over a period of time (typically 3 years) to support
the Govemors of the school in paying their 10Vo share of the capital
costs of an
new buildin
ro
ects bein
funded b the DI0￿Se.
Brief statement of the
charity's policy on reseNes
Details of any funds materially
in deficit
None
Further financial review details {Optional infomiation)
The principal Sour￿ of the Charity's funds is the rental income derived
from its tsvo properties.
You may choose to include
additional information, where
relevant about=
the charity's principal
sources of funds (including
any fundraising)-
how expenditure has
supported the key objectsves
of the charity;
investment policy and
objectives including any
ethical investment policy
adopted.
All expenditure is aligned with the Charity's objectives as outlined in
Section C. The main focus in 2024 was directed towards grants for current
and fomier school pupils and the maintenance ofthe Trust's two properties
as outlined in sections C and D.
The investment policy pursued by the Trustees is one of balanced growth
with surplus income divided behveen a deposit account and an equity
account both held with CCLA. The aim of this is to build up sufficient capital
to support the Govemors of Ihe school with additional resources and their
share of any major capital expenditure in the longer term.
Section F
Other optional information
Section G
Declaration
The trustees declare that they have approved the trustees, report above.
Signed on behalf of the charity's trustees
Signaturels)
Full name(81
Position (e.g. Chalr, Treasurer,
etc.)
ATHAN PARTRIDGE
HELEN CLAY
CHAIR I TREASURER
SECRETARY
Date
' rtfhCC44 202
TAR
February 2025

CHARITY COMMISSION
FOR ENGLAND AND WALES
BARFORD ST PETER'S SCHOOL TRUST
628671
Receipts and payments accounts
CC16a
For the perlod
from
0110112024
To
3111212024
Section A Receipts and payments
Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds
Last year
toth•
to tho neare8t£
to tho rwaroSt £
to the nearest£
to ttte noarest£
A1 Rg¢glpts
Rents
Deposit Interest
Relum ofunused
34.400
48
32.902
48
rant Ipart paymenll
34.448
33,007
Asset and investmgnt sales.
(see table).
Investment Gain8 lunreallsodl
5,607
S.607
12.260
5,607
5,607
12.260
Total recelpts
A3Pa
ments
Direct charitab￿ Expenditure
5.007
5.007
1,390
Other Expendityre
Expenses
Old Schod & General Mainl.
scho￿ House Mainl.
Agent's Fees
Grants
Sch)01 House Insurance
Governots Indefflnity Insuran¢È
27
102
162
3,528
2,323
677
317
12.143
27
102
162
3,528
2.323
677
317
12,143
157
3,496
13,135
3,362
44B7
657
300
26,983
A4 Asset and investment
urchases,
see table
Investment Losses lunrea1180dl
Sub total
12,143
12,143
26,983
Net of ￿8￿pts1{payrnenfSJ
A5 Tran$fefS between funds
A6 Cash funds last year end
Cash funds this year end
27.911
27.911
18.28
127,788
155.699
127,788
155,699
109,504
127,788
School TNst accounts ¢¢16a 2024
2610212025

Section B Statement of assets and liabilities at the end of the period
Unrestricted
funds
to noare5t £
R85trictÈd
funds
Endowment
fund5
to npardst £
Categorles
Details
to n&ar88t É
B1 Cash funds
Lloyds Current Ac£ount (less ulc dEque51
CCLA Deposit AC￿U￿1 (Property)
19,322
20,946
CCLA Equty F￿d
115,432
Total cash funds
155,699
189reo b3knGes with recei￿$ and payments
unlls)}
Unrestricted
funds
Marest É
Restrlcted
funds
to ￿￿T@s1 £
Endowmant
funds
Details
to n8aro8t£
Fund to which
8888t beloftgs
GBnèral
Current value
tyonal
250.000
Details
Sd)ool House
Cost loptiomall
B3 Investment assets
Schoc4
Ganoral
160.000
New School (share fvftded byTrustl
Gènoral
93,000
111 At Trustees, Valuation
Cost(optiort￿J
Current valuè
ional
Fund to which
a880t belon
Detalls
B4 Assets retained for the
charity's own use
Fund to which
relat08
Amount duo
onal
Wh8n duo
tional
Details
B5 Liabilities
SvJn8d by one or Iwo trustees on
behalf of all the trustees
Date of
roval
Signature
Print Name
Jo[￿than Partridge
2110312025
Helen Clay
2110312025
S¢*oo1 Trust awounts cc18a 2024
2610212025

CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's
report on the accounts
Section A
Independent Examiner's Report
Report to the trustsesl
members of
BARFORD ST PETER'S SCHOOL TRUST
On accounts for the year
ended
3111212024
Charity no
(if any)
528671
Set out on pages
Receipts and payments account I Statement of Assets and Liabilities at the
end of the period
I report to the trustees on my examination of the accounts of the above
charity ('the Trust") for the year ended 3111212024.
Responsibillties and As the charity trustees of the Trust, you are responsible for the preparation
basis of report of the accounts in accordan￿ with the requirements of the Charities Act
20111"the Acf,).
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 examinalion, I
have followed the applicable Directions given by the Charity Commission
under section 145{5)(bl of the Act.
I have completed my examination. I confirm that no material matters have
come to my attention
in connection with
the examination which gives me cause to believe that in. any material
respect."
accounting records were not kept in accordance wilh section 130 of
the Acl or
the accounts do not accord with the accounting records
Independent
examinerfs statement
I have no concerns and have come across no other matters in connection
with the examination to which attention should be drawn in order to enable a
proper understanding of the accounts lo be reached.
Please delete the words in the brackets rf they do not 8ppIy.
Signed:
Datg:
3315
Name:
MRS ALISON LUSTY
Relevant professional
qualificationls) or body
lif any):
Fellow Chartered Accountant IFCA)
Address:
4 WLKINS CLOSE
BARFORD
WARWICK
CV35 8EX
IER
March 2025

Section B
Disclosure
Only complete ifthe examiner needs to highlight matters of concern {see CC32,
Independent examination of charity accounts.. direGtions and guidance for
examiners).
Give here brief detsils of
any items that the
examiner wishes to
disclose.
IER
March 2025