THE SIDCOT BUILDING TRUST FUND

Registered charity 1037464 · accounts filings on the Charity Commission register · also known as SIDCOT BUILDING TRUST FUND, THE SIDCOT BUILDING TRUST

The primary purpose of the charity is to make grants to Sidcot School, Winscombe, Somerset for purchasing or erecting property for, or improving the property of the school.

Objects

TO MAKE GRANTS TO SIDCOT SCHOOL FOR THE PURPOSE OF PURCHASING, ERECTING, ENLARGING, EXTENDING, ALTERING, IMPROVING, RENEWING, REPAIRING, MAINTAINING, OR OTHERWISE DEALING WITH NEW OR EXISTING BUILDINGS, PLAYGROUNDS, GARDENS, PLAYING FIELDS OR OTHER LAND TO FORM OR FORMING PART OF THE PROPERTY OF THE SCHOOL.

Area of benefit: IN PRACTICE SIDCOT SCHOOL, WINSCOMBE, AVON

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Get email alerts

Latest income

£73k

Latest spending

£420

Registered

1994

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity's unrestricted reserves increased to £533,312, supported by a £50,000 legacy and investment growth. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: accumulate all the income over a period of years (held: £533k)

“the policy of the Managing Trustees is to accumulate all the income over a period of years so as to be able to make grants from time to time to the school for building or other purposes of a capital nature. Thus the Managing Trustees do not maintain any specific reserve fund or funds: the whole of the Fund is in effect, a reserve awaiting a call on it” — page 3

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: Note 2

“Expenses relating to the year incurred by and reimbursed to the trustees totalled £128 (2023 - £30) comprising travelling and administrative expenses.” — page 9

Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Investing charity funds policy and procedures
Investment
Risk management
Trustee expenses policy and procedures

Trustees · trustee networks

KEITH JOHN KERTONchair
NIGEL GARDNER
Timothy Edward Reynolds
Varut Dechpokket

Trustee list from the Charity Commission register (current, not historical).

Operates in: North Somerset

Income and spending

Financial year end	Income	Spending
31/12/2024	£73k	£420
31/12/2023	£25k	£2k
31/12/2022	£38k	£600k
31/12/2021	£44k	£342
31/12/2020	£37k	£200k

Common questions

Is THE SIDCOT BUILDING TRUST FUND financially healthy?

Per its FY2024 accounts: The accounts state that the charity's unrestricted reserves increased to £533,312, supported by a £50,000 legacy and investment growth. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.