CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinetrs report on the accounts Section A Independent Examiner's Report R•port to tho trust••sldirnctorsl nwmb•rs ol Bishop Stopford's sd Tntst On accounts for th• y•ar •nd•d 31* December 2021 Charlty no.: 1038900 Company no.: Sot out on pagos I re)rt to the charity trustees on my examination of the accounts of the Company for the year ended 31112 12021. Rosponslbllltles and basls of r•port As the charity's trustees of the Company {vh)o are also the directors of the company f the purposes of company Iww), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (Ihe 2008 A). Having satisfied myself thal the aLrounts of the Company are not required to be audited for this year under Part 16 of tt)e 2006 Act and eltgible for independent examinatim, l pOrt in resFeCt of my examination of your charity's accounts as carried out under sertion 145 of the Chartties Act 2011 (Ihe 2011 Acf). In carrying out my examination. I have folloed the Directions given by the Charity Commission {under section 145(5)(b) of the 2011 ACL Indep•nd•nt •xamin•rfs stat•m•nt I have comlleted my examination. I confirn that no material matters have come to my attention (other than that disdosed below") which gives me cause to believe that . accountirKJ records were not kept in accordance wrih section 388 of th8 Companies Act 2006", or • the accwnts do not accord with such recLYd5,' or • the accounts do not compty relevant arxounting requirements under section 396 of the Companies Act 2006 other than any reqU1ment that the accounts give a and fairf view which is not a matter considered as part of an independent examination" or •the accounts have not been prepared in accordance with the Charities SORP (FRS102). I have no concems and have come across no other matters in connection with the examination to which attention should t£ drawn in this report in order to enable a woper urNJerstandir¥J of the accounts to be reached. Slgned: Ivks Aat IER July 2022
R•lgvant prof•sslonal quallflcallonls) or body (If any): rK)A Frr Address: A,"Il loa j1( ILP Section B Disclosure Only complete rf the examiner needs to highlight material matters of concem (see CC32. Independent eXaMinan of charty accounts: directions and gurdance for examiners). Glve here brf•f d•talls of any ltsms that th• •xamin•r wlshos to dlsclose. IER July 2022
Bishop Stopford's Sthool Trust Re¢elpts Development Fund 1981 Fund Mabel Roterts F)d Potytarp Fund Prfze Fw Stopford Bursary 8.511J8 81 10.647 4.026.49 2.281.86 1.653.50 3.657.03 31.931.67,, 3A2Z L793 Y6 Totsl Re¢dpts 44.117 P•ynrts Deveknpment Fund 1981 Fund Matel Roberts Fund Polycary) Fund Prize Funds Stopford Bursary -12,732.t -319.6 .112 450.8 -1.0s0.co -14.552.40 T¢til Paym•nts Net ReveNe trotsi Recelpts mlrnoTotsl Paw)i•nts) Add Balances at 15tJanuary B•l•nc• 17.379.27 4L495 91,156.67 108,535.94 89.662 131157 Tran5terstoTrust Fund Capikl knounts Bal•nce arrd tobwa 108.535. 9L157 Trust Fd Autymts forthe p•rkndfrnm I#Jarylts 3151 Dttomr 2021 Balances at lstJanuary 559,643.69 Plus Transfer from Trwt Fd Aen A¢¢ounts Balance urrled fonyord 519 40XTh) 559.643. S59 Development Fwd 1981 Fund Mabel Roberts Fund Potytarp Fund Prlze Fund5 Stopford Bufsary 177,138.54 270,493.37 66.816.02 43.846.04 39,6.20 70 285.49 259.642 373.691 95525 54171 41789 I,627 27L424 41.564 31398 67.678 Total Assets 668.179. 911826 650X¥J REPRESENTED BY: Trust Fund Reverwje Accounts T1 Fund Capltal Acccwnts I(.5354 559.643.69 91.157 $5gh44 668.179.6 16 2¢ Mtssiafft Au 6StoThe H1 11 Lwdrth M21 ILP On1r Martyn Cas%•ll. charTr 31 Oakmwd Pl Sou¢fyqaie LoThkn N14 DÈrekWoothard.Treaswer 39AxL*G¥deEllfith Mldthew EN3 5RS
Bishop Stopford's School Trust - Development Fund
Trust Fund Revenue Account for the period from 1st January to 31st December 2021
| 2019 | 2020 | |||
|---|---|---|---|---|
| Receipts | Central Board of Finance Deposit Account Interest | 2.55 | 14 | 19 |
| Virgin Money Deposit Account Interest | 10.83 | 31 | 17 | |
| Allianz UK Listed Opportunities Fund Units Dividend | 359.02 | 0 | 216 | |
| Aberdeen Standard UK Equity Income Fund Dividend | 687.07 | 309 | 730 | |
| C.B.F. Property Fund Dividend | 453.59 | 264 | 464 | |
| HSBC Growth and Income Units Dividend | 533.47 | 352 | 553 | |
| Jupiter UK Growth Fund Dividend | 172.84 | 0 | 134 | |
| M&G Charifund Income Units Dividend | 3,716.25 | 1,657 | 3,365 | |
| BNY Mellon - Newton Higher Income Fund Dividend | 1,493.68 | 584 | 1,262 | |
| Schroder Income Units Dividend | 906.51 | 967 | 1,332 | |
| CCLA Investment Fund Dividend for Bursary Fund | 176.07 | |||
| Donations | 0.00 | 0 | 0 | |
| Total Receipts | 8,511.88 | 4,179 | 8,091 | |
| Payments | Grants to School | 0.00 | ||
| Net Revenue | 8,511.88 | |||
| Add balance | at 1st January | 30,457.97 | ||
| Balance | 38,969.85 | |||
| Less | Transfer to Trust Fund Capital Account | 0.00 | ||
| Balance carried forward | 38,969.85 | |||
| Trust Fund Capital Account for the period from 1st January to 31st December 2021 | ||||
| Balance at 1st January | 138,168.69 | |||
| Plus | Transfer from Trust Fund Revenue Account | 0.00 | ||
| Balance carried forward | 138,168.69 | |||
| Balance Sheet at 31st December 2021 | ||||
| Assets | Book | Unit Price | 31/12 | |
| C.B.F. Deposit Account | 5,203.97 | 5,204 | ||
| Virgin Money Deposit Account | 11,864.33 | 11,864 | ||
| National Westminster Current Account | 1,379.28 | 1,379 | ||
| Cash | 25.18 | 25 | ||
| 11,502.05 | Allianz UK Listed Opportunities Fund C Class Acc. OEIC | 13,823.20 | 1.8667 | 21,471 |
| 5,099.20 | Aberdeen Standard UK Income Equity Fund A Share OEIC | 9,912.89 | 4.0384 | 20,5930 |
| 7109.85 | C.B.F. Property Fund - Income | 10,000.00 | 1.4558 | 10,351 |
| 13,535.03 | HSBC Growth and Income Fund (Accumulation C) | 19,539.81 | 1.4690 | 19,883 |
| 8,307.21 | Jupiter UK Growth Units - J Class | 13,585.12 | 2.6455 | 21,977 |
| 5,021.969 | M&GEquities Investment Fund for Charities (Charifund) Units | 49,912.29 | 15.5620 | 78,152 |
| 29232.393 | BNY Mellon UK Income Fund B Shares (Inc) | 31,979.58 | 1.3057 | 38,169 |
| 2,649.63 | Schroder Income Units | 9,912.89 | 11.6100 | 30,762 |
| Total Assets | 177,138.54 | 259,829 | ||
| REPRESENTED BY: | ||||
| Trust Fund Revenue Account | 38,969.85 | |||
| Trust Fund Capital Account | 138,168.69 | |||
| 177,138.54 |
Bishop Stopford's School Trust - Registered Charity Number 1038900 - Accounts for 2021 - Page Three
Bishop Stopford's School Trust - 1981 Fund
Trust Fund Revenue Account for the period from 1st January to 31st December 2021
| 2019 Receipts Donations 30.00 0 Central Board of Finance Deposit Account Interest 4.15 32 HSBC Community Account Interest 0.00 0 HSBC Business Money Manager Account Interest 1.78 5 Aberdeen Standard UK Income Equity Fund Accum A Share OIEC 876.57 360 C.B.F. Investment Fund Dividend 2,076.01 359 Columbia Threadneedle UK Equity Income Units Dividend 511.83 280 Janus Henderson Global Technology Leaders Fund Dividend 0.00 0 Invesco European Equity (UK) (No Trail ) Accumulation Share 0.00 0 Invesco Equity Income (UK) (No Trail) Income Share Dividend 516.88 161 Jupiter Income Trust Accumulation 1,330.50 864 M&G Charifund Income Units Dividend 6,056.48 2701 National Savings Income Bonds 0.61 401 ASI Standard Life Corporate Bond Fund Retail Accumulation 396.10 293 __ Total Receipts 11,800.91 5457_ Payments -Grants to School -12,732.00 ___ Net Revenue -931.09 Add balance at 1st January 33,474.43 _____ Balance 32,543.34 Less Transfer to Trust Fund Capital Account 0.00 Balance carried forward 32,543.34 Trust Fund Capital Account for the period from 1st January to 31st December 2021 Balance at 1st January 237,950.00 Plus Transfer from Trust Fund Revenue Account 0.00 Balance carried forward 237,950.00 Assets Book Unit Price Central Board of Finance Deposit Account 11,735.11 HSBC Community Account 49.78 HSBC Business Money Manager Account 6,208.59 1824.16 Aberdeen Standard UK Income Equity Fund Accum. A Share OEIC 23,138.46 15.0281 4,201.48 C.B.F. Investment Fund Income 85,000.00 23.3867 17,267.68 Columbia Threadneedle UK Equity Income Units 10,000.00 1.0151 316.66 Janus Henderson Global Technology Leaders Fund A Accum. Units 5,000.00 35.52 3,133.90 Invesco European Equity (UK) (No Trail ) Accumulation Shares 6,002.08 2.2864 19,439.41 Invesco Equity Income (UK) (No Trail) Income Shares 10,000.00 0.9834 6,387.74 Jupiter Income Trust Accumuation Units - J Class 28,776.50 5.4668 8,184.432 M&GEquities Investment Fund for Charities (Charifund) Units 72,006.02 15.5620 National Savings Income Bonds 0.00 3208.7 ASI Standard Life (Ignis) Corporate Bond Fund Retail Acc. Units 12,576.80 3.9580 Total Assets 270,493.34 REPRESENTED BY: Trust Fund Revenue Account 32,543.34 Trust Fund Capital Account 237,950.00 270,493.34 |
2020 30 39 0 11 895 662 512 0 89 595 1,263 5,484 671 396 10647 31/12 11,735 50 6,209 27,4140 98,259 17,528 11,248 7,165 19,117 34,920 127,366 0 12,700 |
|---|---|
| 373,711 | |
Bishop Stopford's School Trust - Registered Charity Number 1038900 - Accounts for 2021 - Page Four
Bishop Stopford's School Trust - Mabel Roberts Fund
Trust Fund Revenue Account for the period from 1st January to 31st December 2021
| Receipts | Central Board of Finance Deposit Account Interest | Central Board of Finance Deposit Account Interest | 0.89 | |||
|---|---|---|---|---|---|---|
| Virgin Money Charity Deposit Account Interest | 8.99 | |||||
| M&G Charifund Income | Units Dividend | 4,016.61 | ||||
| ___ | ||||||
| Total Receipts | 4,026.49 | |||||
| Payments | Grants | -319.60 | ||||
| ___ | ||||||
| Net Revenue | 3,706.89 | |||||
| Add balance at 1st January | 4,459.13 | |||||
| ___ | ||||||
| Balance | 8,166.02 | |||||
| Less | Transfer to Trust Fund Capital Account | 0.00 | ||||
| Balance carried forward | 8,166.02 | |||||
| Trust Fund Capital Account for the period from 1st January to | 31st December 2021 | |||||
| Balance at 1st | January | 58,650.00 | ||||
| Plus | Transfer from Trust Fund Revenue Account | 0.00 | ||||
| Balance carried forward | 58,650.00 | |||||
| Balance Sheet at 31st December 2021 | ||||||
| Assets | Book | Unit Price | 31/12 | |||
| C.B.F. Deposit | Account | 1,715.35 | 1,715 | |||
| Virgin Money | Charity Deposit Account | 9,350.67 | 9,351 | |||
| 5427.856 | M&GEquities Investment Fund for Charities (Charifund)Units | 55,750.00 | 15.5620 | 84,468 | ||
| Total Assets | 66,816.02 | 95,534 | ||||
| REPRESENTED BY: | ||||||
| Trust Fund Revenue Account | 8,166.02 | |||||
| Trust Fund Capital Account | 58,650.00 | |||||
| 66,816.02 | ||||||
| Authorised requests not yet paid: | None |
Bishop Stopford's School Trust - Registered Charity Number 1038900 - Accounts for 2021 - Page Five
Bishop Stopford's School Trust - Polycarp Fund
Trust Fund Revenue Account for the period from 1st January to 31st December 2021
| Receipts | Virgin Money Charity Deposit Account Interest | 7.15 | ||
|---|---|---|---|---|
| M&G Charifund Income Units Dividend | 2,274.46 | |||
| National Savings Income Bonds | 0.25 | |||
| Total Receipts | 2,281.86 | |||
| Payments | Grant to School | 0.00 | ||
| Net Revenue | 2,281.86 | |||
| Add balance at 1st January | 4,739.18 | |||
| Balance | 7,021.04 | |||
| Less | Transfer to Trust Fund Capital Account | 0.00 | ||
| Balance carried forward | 7,021.04 | |||
| Trust Fund Capital Account for the period from 1st January to 31st December 2021 | ||||
| Balance at 1st | January | 36,825.00 | ||
| Plus | Transfer from Trust Fund Revenue Account | 0.00 | ||
| Balance carried forward | 36,825.00 | |||
| Assets | Book | Unit Price | 31/12 | |
| Virgin Money | Charity Deposit Account | 6,846.04 | 6,846 | |
| 3170.028 | M&GEquities Investment Fund for Charities (Charifund) Units | 37,000.00 | 15.5620 | 49,332 |
| National Savings Income Bonds | 0.00 | 0 | ||
| Total Assets | 43,846.04 | 56,178 | ||
| REPRESENTED BY: | ||||
| Trust Fund Revenue Account | 7,021.04 | |||
| Trust Fund Capital Account | 36,825.00 | |||
| 43,846.04 |
Bishop Stopford's School Trust - Registered Charity Number 1038900 - Accounts for 2021 - Page Six
Bishop Stopford's School Trust - Prize Funds
Trust Fund Revenue Account for the period from 1st January to 31st December 2021
| Receipts Virgin Money Charity Deposit Account Interest 8.59 M&G Charifund Income Units Dividend 1,644.91 Donation/Legacy 0.00 __ Total Receipts 1,653.50 Payments Prizes Awarded -450.80 __ Net Revenue 1,202.70 Add balance at 1st January 6,197.50 _____ Balance 7,400.20 Less Transfer to Trust Fund Capital Account 0.00 Balance carried forward 7,400.20 Trust Fund Capital Account for the period from 1st January to 31st December 2021 Balance at 1st January 32,200.00 Plus Transfer from Trust Fund Revenue Account 0.00 Balance carried forward 32,200.00 Assets Book Unit Price Virgin Money Charity Deposit Account 7,205.64 2222.859 M&GEquities Investment Fund for Charities (Charifund)Units 32,394.56 15.5620 Total Assets 39,600.20 REPRESENTED BY: Trust Fund Revenue Account 7,400.20 Trust Fund Capital Account 32,200.00 39,600.20 |
31/12 7,206 34,592 |
|---|---|
| 41,798 | |
Bishop Stopford's School Trust - Bursaries
Trust Fund Revenue Account for the period from 1st January to 31st December 2021
| Receipts Donations 500.00 Virgin Money Charity Deposit Account Interest 14.18 C.B.F Investment Fund Dividend 172.84 M&G Charifund Income Units Dividend 2,845.01 Refund of tax for Gift Aid 125.00 Total Receipts 3,657.03 Payments Bursaries Awarded -1,050.00 Net Revenue 2,607.03 Add balance at 1st January 11,828.46 Less Transfer to Trust Fund Capital Account 0.00 Balance carried forward 14,435.49 Trust Fund Capital Account for the period from 1st January to 31st December 2021 Balance at 1st January 55,850.00 Plus Transfer from Trust Fund Revenue Account 0.00 Balance carried forward 55,850.00 Assets Book Unit Price 587.11 C.B.F. Investment Fund Income 10,000.00 23.3867 Virgin Money Charity Deposit Account 12,285.49 3844.596 M&GEquities Investment Fund for Charities (Charifund) Units 48,000.00 15.5620 Total Assets 70,285.49 REPRESENTED BY: Trust Fund Revenue Account 14,435.49 Trust Fund Capital Account 55,850.00 70,285.49 |
31/12 13,731 12,285 59,830 |
|---|---|
| 85,846 | |
Bishop Stopford's School Trust - Registered Charity Number 1038900 - Accounts for 2021 - Page Seven
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinetrs report on the accounts Section A Independent Examiner's Report R•port to tho trust••sldirnctorsl nwmb•rs ol Bishop Stopford's sd Tntst On accounts for th• y•ar •nd•d 31* December 2021 Charlty no.: 1038900 Company no.: Sot out on pagos I re)rt to the charity trustees on my examination of the accounts of the Company for the year ended 31112 12021. Rosponslbllltles and basls of r•port As the charity's trustees of the Company {vh)o are also the directors of the company f the purposes of company Iww), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (Ihe 2008 A). Having satisfied myself thal the aLrounts of the Company are not required to be audited for this year under Part 16 of tt)e 2006 Act and eltgible for independent examinatim, l pOrt in resFeCt of my examination of your charity's accounts as carried out under sertion 145 of the Chartties Act 2011 (Ihe 2011 Acf). In carrying out my examination. I have folloed the Directions given by the Charity Commission {under section 145(5)(b) of the 2011 ACL Indep•nd•nt •xamin•rfs stat•m•nt I have comlleted my examination. I confirn that no material matters have come to my attention (other than that disdosed below") which gives me cause to believe that . accountirKJ records were not kept in accordance wrih section 388 of th8 Companies Act 2006", or • the accwnts do not accord with such recLYd5,' or • the accounts do not compty relevant arxounting requirements under section 396 of the Companies Act 2006 other than any reqU1ment that the accounts give a and fairf view which is not a matter considered as part of an independent examination" or •the accounts have not been prepared in accordance with the Charities SORP (FRS102). I have no concems and have come across no other matters in connection with the examination to which attention should t£ drawn in this report in order to enable a woper urNJerstandir¥J of the accounts to be reached. Slgned: Ivks Aat IER July 2022
R•lgvant prof•sslonal quallflcallonls) or body (If any): rK)A Frr Address: A,"Il loa j1( ILP Section B Disclosure Only complete rf the examiner needs to highlight material matters of concem (see CC32. Independent eXaMinan of charty accounts: directions and gurdance for examiners). Glve here brf•f d•talls of any ltsms that th• •xamin•r wlshos to dlsclose. IER July 2022
Bishop Stopford's Sthool Trust Re¢elpts Development Fund 1981 Fund Mabel Roterts F)d Potytarp Fund Prfze Fw Stopford Bursary 8.511J8 81 10.647 4.026.49 2.281.86 1.653.50 3.657.03 31.931.67,, 3A2Z L793 Y6 Totsl Re¢dpts 44.117 P•ynrts Deveknpment Fund 1981 Fund Matel Roberts Fund Polycary) Fund Prize Funds Stopford Bursary -12,732.t -319.6 .112 450.8 -1.0s0.co -14.552.40 T¢til Paym•nts Net ReveNe trotsi Recelpts mlrnoTotsl Paw)i•nts) Add Balances at 15tJanuary B•l•nc• 17.379.27 4L495 91,156.67 108,535.94 89.662 131157 Tran5terstoTrust Fund Capikl knounts Bal•nce arrd tobwa 108.535. 9L157 Trust Fd Autymts forthe p•rkndfrnm I#Jarylts 3151 Dttomr 2021 Balances at lstJanuary 559,643.69 Plus Transfer from Trwt Fd Aen A¢¢ounts Balance urrled fonyord 519 40XTh) 559.643. S59 Development Fwd 1981 Fund Mabel Roberts Fund Potytarp Fund Prlze Fund5 Stopford Bufsary 177,138.54 270,493.37 66.816.02 43.846.04 39,6.20 70 285.49 259.642 373.691 95525 54171 41789 I,627 27L424 41.564 31398 67.678 Total Assets 668.179. 911826 650X¥J REPRESENTED BY: Trust Fund Reverwje Accounts T1 Fund Capltal Acccwnts I(.5354 559.643.69 91.157 $5gh44 668.179.6 16 2¢ Mtssiafft Au 6StoThe H1 11 Lwdrth M21 ILP On1r Martyn Cas%•ll. charTr 31 Oakmwd Pl Sou¢fyqaie LoThkn N14 DÈrekWoothard.Treaswer 39AxL*G¥deEllfith Mldthew EN3 5RS