ST PETER'S COLLEGE (OTHERWISE KNOWN AS WESTMINSTER SCHOOL)
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (IN FORMAT FOR CHARITY COMMISSIONERS)
| Year 2019/20 consolidated £'000 26,267 1,221 90 1,237 1,714 836 119 21 626 32,131 277 2 27 770 317 30,671 32,064 67 876 (1,492) 136,263 135,714 as audited & as restated |
Charity 1004363 Year Scholarship & Bursary Fund ('S&B') £'000 - - - 394 - - - - - 394 - - - - - 394 394 - - - 10,671 10,671 |
Charity 312728 Year 2019/20 consolidated excl. S&B £'000 INCOMING RESOURCES Income from Charitable activities 26,267 School Fees 1,221 Other educational income 90 Other ancillary trading income Incoming Resources from Generated Funds 843 Investment income Donations 1,714 Endowment capital 836 Other 119 Trading income Other incoming resources 21 Gain/(loss) on sale of fxed assets 626 Other 31,737 Total Incoming Resources RESOURCES EXPENDED Cost of generating funds 277 Fund raising 2 Trading costs 27 Finance costs of Advance Fee Scheme 770 Bank interest and other fnance costs 317 Investment Management Charitable Expenditure 30,277 Schools and grant making including governance 31,670 Total resources expended 67 NET INCOMING RESOURCES 876 Realised and unrealised gains/(losses) on investments (1,492) Pension Scheme actuarial gains/(losses) 125,592 BALANCE BROUGHT FORWARD at start of year 125,043 BALANCE CARRIED FORWARD at end of year |
Year 2020/21 consolidated as audited £'000 27,405 1,113 25 1,132 1,182 403 - 1 243 31,504 305 118 22 809 356 32,098 33,708 (2,204) 9,372 1,759 135,714 144,641 |
Charity 1004363 Year Scholarship & Bursary Fund ('S&B') £'000 - - - 394 - - - - - 394 - - - - - 394 394 - (358) - 10,671 10,313 |
Charity only 312728 Year 2020/21 consolidated excl. S&B £'000 27,405 1,113 25 - 738 1,182 403 - 1 243 |
|---|---|---|---|---|---|
| 31,110 | |||||
| 305 118 22 809 356 31,704 |
|||||
| 33,314 | |||||
| (2,204) 9,730 1,759 125,043 |
|||||
| 134,328 |
Notes
- 1 Charity 1004363 comprises Scholarship & Bursary Endowment Fund and Scholarship & Bursary Revenue Fund as included within the consolidated "Annual Report of the Governors and Financial Statements" for Westminster School.
ST PETER'S COLLEGE (OTHERWISE KNOWN AS WESTMINSTER SCHOOL)
CONSOLIDATED BALANCE SHEETS
| 30 June 2020 consolidated £'000 149,277 88,093 40,658 18,750 1,776 23,601 29 1,812 21,760 (5,802) 17,799 167,076 (30,675) 136,401 (687) 135,714 13,717 56,843 1,076 64,765 (687) 135,714 MC Batten Director as audited & as restated |
Charity 1004363 Scholarship & Bursary Fund ('S&B') £'000 10,671 - - 10,671 - - - - 394 (394) - - 10,671 - 10,671 - 10,671 10,011 - 660 - - 10,671 Thursday, Dece |
Charity 312728 30 June 2020 consolidated excl. S&B £'000 138,606 FIXED ASSETS 88,093 Tangible assets 40,658 Investment assets - excluding properties 8,079 Investment properties 2 1,776 Cash held for investment 23,601 CURRENT ASSETS 29 Stock 1,812 Debtors 21,366 Cash 394 Inter-Charity current accounts (5,802) 17,799 NET CURRENT ASSETS/(LIABILITIES) 156,405 TOTAL ASSETS LESS CURRENT LIABILITIES (30,675) 125,730 TOTAL NET ASSETS before pension defcit (687) Pension Scheme funding surplus/(defcit) 125,043 NET ASSETS FINANCED BY: Endowment Funds 3,706 - Permanent 56,843 - Expendable 416 Restricted Funds 3 Unrestricted Funds: 64,765 - Designated and general (687) - Pension Reserve (defcit) 125,043 mber 02, 2021 CREDITORS: Due within one year CREDITORS: Due after more than one year |
30 June 2021 consolidated as audited £'000 160,712 87,509 53,704 18,595 904 19,995 28 1,278 18,689 (5,878) 14,117 174,829 (30,686) 144,143 498 144,641 14,099 66,675 922 62,447 498 144,641 |
Charity 1004363 Scholarship & Bursary Fund ('S&B') £'000 10,313 - - 10,313 - - - - 394 (394) - - 10,313 - 10,313 - 10,313 9,675 - 638 - - 10,313 |
Charity only 312728 30 June 2021 consolidated excl. S&B £'000 150,399 87,509 53,704 8,282 904 19,995 28 1,278 18,295 394 (5,878) 14,117 164,516 (30,686) 133,830 498 |
|---|---|---|---|---|---|
| 134,328 | |||||
| 4,424 66,675 284 62,447 498 |
|||||
| 134,328 | |||||
Notes
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1 Charity 1004363 comprises Scholarship & Bursary Endowment Fund and Scholarship & Bursary Revenue Fund as included within the consolidated "Annual Report of the Governors and Financial Statements" for Westminster School.
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2 All Investment properties owned by Charity 1004363 are leased to Charity 312728. The properties were subject to a 'red book' valuation by Kutner Associates as at May 2017 and properties revalued accordingly and also the rental values were subject to a quinquennial review.
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3 Restricted Funds of Charity 1004363 include a minority share of the ownership of the investment properties of £638k donated by Charity 312728.
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4 Investment properties owned by Charity 1004363 were revalued by management in the year which resulted in a devaluation of £358k in total.