ST PETER'S COLLEGE (OTHERWISE KNOWN AS WESTMINSTER SCHOOL)
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (IN FORMAT FOR CHARITY COMMISSIONERS)
| Year 2020/21 consolidated as audited & as restated £'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 312728 Year 2020/21 consolidated excl. S&B £'000 INCOMING RESOURCES Income from Charitable activities 27,405 School Fees 1,113 Other educational income 25 Other ancillary trading income Incoming Resources from Generated Funds 738 Investment income Donations 1,182 Endowment capital 403 Other - Trading income Other incoming resources 1 Gain/(loss) on sale of fixed assets 243 Other 31,110 Total Incoming Resources RESOURCES EXPENDED Cost of generating funds 305 Fund raising 118 Trading costs 22 Finance costs of Advance Fee Scheme 809 Bank interest and other finance costs 356 Investment Management Charitable Expenditure 31,704 Schools and grant making including governance 33,314 Total resources expended (2,204) NET INCOMING RESOURCES 9,730 Realised and unrealised gains/(losses) on investments 1,759 Pension Scheme actuarial gains/(losses) 125,043 BALANCE BROUGHT FORWARD at start of year 134,328 BALANCE CARRIED FORWARD at end of year |
Year 2021/22 consolidated as audited £'000 30,050 1,412 114 1,478 1,177 284 - 12 19 34,546 297 - 7 798 368 34,460 35,930 (1,384) (2,389) (465) 144,641 140,403 |
Charity 1004363 Year Scholarship & Bursary Fund ('S&B') £'000 - - - 394 - - - - - 394 - - - - - 394 394 - 887 - 10,313 11,200 |
Charity only 312728 Year 2021/22 consolidated excl. S&B £'000 30,050 1,412 114 - 1,084 1,177 284 - 12 19 |
|---|---|---|---|---|---|
| 34,152 | |||||
| 297 - 7 798 368 34,066 |
|||||
| 35,536 | |||||
| (1,384) (3,276) (465) 134,328 |
|||||
| 129,203 |
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 2021 consolidated as audited & as restated £'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 MC Batten Director |
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 23 March 2023 |
Charity 312728 30 June 2021 consolidated excl. S&B £'000 150,399 FIXED ASSETS 87,509 Tangible assets 53,704 Investment assets - excluding properties 8,282 Investment properties 904 Cash held for investment 19,995 CURRENT ASSETS 28 Stock 1,278 Debtors 18,295 Cash 394 Inter-Charity current accounts (5,878) CREDITORS: Due within one year 14,117 NET CURRENT ASSETS/(LIABILITIES) 164,516 TOTAL ASSETS LESS CURRENT LIABILITIES (30,686) CREDITORS: Due after more than one year 133,830 TOTAL NET ASSETS before pension surplus 498 Pension Scheme funding surplus 134,328 NET ASSETS FINANCED BY: Endowment Funds 4,424 - Permanent 66,675 - Expendable 284 Restricted Funds Unrestricted Funds: 62,447 - Designated and general 498 - Pension Reserve (deficit) 134,328 |
30 June 2022 consolidated as audited £'000 160,980 87,817 49,449 21,095 2,619 16,601 28 1,673 14,900 (6,633) 9,968 170,948 (30,545) 140,403 - 140,403 15,485 62,438 862 61,618 - 140,403 |
Charity 1004363 Scholarship & Bursary Fund ('S&B') £'000 11,200 - - 11,200 - - - - 394 (394) - - 11,200 - 11,200 - 11,200 10,507 - 693 - - 11,200 |
Charity only 312728 30 June 2022 consolidated excl. S&B £'000 149,780 87,817 49,449 9,895 2,619 16,601 28 1,673 14,506 394 (6,633) 9,968 159,748 (30,545) 129,203 - |
|---|---|---|---|---|---|
| 129,203 | |||||
| 4,978 62,438 169 61,618 - |
|||||
| 129,203 | |||||
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 June 2022 and properties revalued accordingly and also the rental values were subject to a quinquennial
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3 Restricted Funds of Charity 1004363 include a minority share of the ownership of the investment properties of £693k donated by Charity 312728.
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4 Investment properties owned by Charity 1004363 were revalued in the year which resulted in a revaluation of £887k in total.