LILLEY AND STONE SCHOOL CHARITY

Charity number: 528255
Charity reporting is up to date (12 days late)

Charity overview

Activities - how the charity spends its money

Awarding prizes, exhibitions and financial assistance to pupils of the school or former pupils under the age of 25 and providing special benefits to the school not normally provided by the local education authority.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£500,060

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Donations and legacies £0
Charitable activities £0
Other trading activities £0
Investments £60
Other £500.00k

Total expenditure:
£353,161

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Raising funds £0
Charitable activities £0
Other £353.16k

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £353.16k
Charitable expenditure £0
Retained for future use £146.90k

People

10 Trustee(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • Education/training
Who the charity helps:
  • Children/young People
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Buildings/facilities/open Space
Where the charity operates:
  • Nottinghamshire

Governance

Registration history:
  • 22 January 1963: Standard registration
  • 22 August 2007: Removed (Funds spent up (s.75))
  • 22 August 2007: Funds transferred to
Organisation type:
Other
Other names:
  • LILLEY AND STONE'S GIRLS' SCHOOL (Previous name)
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

10 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Sam Smith Trustee 03 October 2024
MUNICIPAL GENERAL CHARITY
Received: On time
Carol Ann Sheffield Trustee 03 October 2024
Newark and Sherwood Community Hub
Received: On time
Keith Girling Trustee 03 October 2024
Suggys Champions Foundation
Recently registered
Dawn Campbell Trustee 03 October 2024
None on record
Anthony Charles Roberts Trustee 01 May 2022
NEWARK MUNICIPAL CHURCH CHARITIES
Received: On time
Rita McCall Trustee 01 June 2017
None on record
DIANNE SMITH Trustee
None on record
DAVID BALIOL-KEY Trustee
None on record
MRS JANE WRIGHT Trustee
NEWARK & DISTRICT U3A
Received: On time
JEAN MOORE MBE JP Trustee
ST LEONARD'S HOSPITAL
Received: On time
MUNICIPAL GENERAL CHARITY
Received: On time
THE MARY ELIZABETH SIEBEL CHARITY
Received: On time

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £39.23k £32.21k £39.56k £33.51k £500.06k
Total expenditure £35.55k £16.49k £32.58k £66.77k £353.16k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies N/A N/A N/A N/A £0
Income - Other trading activities N/A N/A N/A N/A £0
Income - Charitable activities N/A N/A N/A N/A £0
Income - Endowments N/A N/A N/A N/A £0
Income - Investment N/A N/A N/A N/A £60
Income - Other N/A N/A N/A N/A £500.00k
Income - Legacies N/A N/A N/A N/A £0
Expenditure - Charitable activities N/A N/A N/A N/A £0
Expenditure - Raising funds N/A N/A N/A N/A £0
Expenditure - Governance N/A N/A N/A N/A £0
Expenditure - Grants institution N/A N/A N/A N/A £0
Expenditure - Investment management N/A N/A N/A N/A £0
Expenditure - Other N/A N/A N/A N/A £353.16k

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets N/A N/A N/A N/A £0
Long-term investments N/A N/A N/A N/A £0
Other assets N/A N/A N/A N/A £165.96k
Defined benefit pension scheme asset or liability N/A N/A N/A N/A £0
Total liabilities N/A N/A N/A N/A £8.20k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2024 12 February 2025 12 days late
Accounts and TAR 31 March 2024 12 February 2025 12 days late Download Open in new window
Annual return 31 March 2023 17 April 2024 77 days late
Accounts and TAR 31 March 2023 17 April 2024 77 days late Download Open in new window
Annual return 31 March 2022 24 November 2022 On Time
Accounts and TAR 31 March 2022 24 November 2022 On Time Download Open in new window
Annual return 31 March 2021 11 March 2022 39 days late
Accounts and TAR 31 March 2021 11 March 2022 39 days late Download Open in new window
Annual return 31 March 2020 03 March 2021 31 days late
Accounts and TAR 31 March 2020 03 March 2021 31 days late Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

SCHEME DATED 16 JAN 1986 AS AMENDED BY ORDER DATED 01 NOV 2012 AS AMENDED BY SCHEME DATED 23 AUG 2018

Charitable objects

(1) TO ADVANCE THE EDUCATION OF PUPILS AT SCHOOLS SITUATED IN NEWARK AND BALDERTON BY PROVIDING AND ASSISTING IN THE PROVISION OF FACILITIES NOT REQUIRED TO BE PROVIDED BY THE LOCAL EDUCATION AUTHORITY; (2) FOR THE PUBLIC BENEFIT TO PROMOTE THE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) OF PEOPLE UNDER THE AGE OF 25 YEARS WHO ARE ATTENDING OR HAVE ATTENDED SCHOOLS IN NEWARK AND BALDERTON IN SUCH WAYS AS THE TRUSTEES THINK FIT, INCLUDING BY: (A) AWARDING TO SUCH PERSONS SCHOLARSHIPS, MAINTENANCE ALLOWANCES OR GRANTS TENABLE AT ANY UNIVERSITY, COLLEGE OR INSTITUTION OF HIGHER OR FURTHER EDUCATION TO THOSE IN NEED OF FINANCIAL ASSISTANCE. (B) AWARDING TO SUCH PERSONS PRIZES IN RECOGNITION OF THEIR ACADEMIC, ARTISTIC, CREATIVE, MORAL OR PHYSICAL ACHIEVEMENTS. (C) PROVIDING THEIR EDUCATION (INCLUDING THE STUDY OF MUSIC OR OTHER ARTS), TO UNDERTAKE TRAVEL IN FURTHERANCE OF THAT EDUCATION OR TO PREPARE FOR ENTRY TO ANY OCCUPATION, TRADE OR PROFESSION ON LEAVING ANY EDUCATIONAL ESTABLISHMENT. (D) ASSISTING IN SUCH WAYS AS THE CHARITY TRUSTEES THINK FIT ANY CHARITY WHOSE AIMS INCLUDE ADVANCING EDUCATION OF PERSONS UNDER THE AGE OF 25 YEARS IN NEWARK AND BALDERTON BY DEVELOPING THEIR MENTAL, PHYSICAL AND MORAL CAPABILITIES THROUGH LEISURE TIME ACTIVITIES.”

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED

Linked charities

Linked charities
Linked charity 528255-9 ETHEL MORGAN AID FUND
Governing document
SCHEME OF 17 JANUARY 1986 AS AMENDED 27 NOVEMBER 2001 BY A RESOLUTION PASSED UNDER THE PROVISIONS OF SECTION 75 OF THE CHARITIES ACT 1993.
Charitable objects
PROMOTING IN SUCH WAYS AS THE TRUSTEES THINK FIT THE EDUCATION OF GIRLS ATTENDING THE SAID SCHOOL WHO ARE IN NEED OF FINANCIAL ASSISTANCE.
Area of benefit
NOT DEFINED
Registration history
  • 22 January 1963 : Standard registration
  • 22 August 2007 : Removed
  • 22 August 2007 : Asset transfer out

Contact information

Address:
TALLENTS
3 MIDDLE GATE
NEWARK
NG24 1AQ
Phone:
01636671881
Email:
Malcolm.Ellison@tallents.co.uk
Website:

No information available