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 follo￿ed 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 reqU1￿ment 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 lo￿a￿ ￿j1( ILP Section B Disclosure Only complete rf the examiner needs to highlight material matters of concem (see CC32. Independent eXaMina￿n 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 8￿1 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•yn*rts Deveknpment Fund 1981 Fund Matel Roberts Fund Polycary) Fund Prize Funds Stopford Bursary -12,732.t -319.6 .1￿12 450.8 -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 arr￿d tobwa 108.535. 9L157 Trust F￿d Autymts forthe p•rkndfrnm I#J*￿arylts 3151 Dttom￿r 2021 Balances at lstJanuary 559,643.69 Plus Transfer from Trwt F￿d A￿en￿ 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 T￿￿1 Fund Capltal Acccwnts I(￿.535￿4 559.643.69 91.157 $5gh44 668.179.6 16 2¢ Mtssiafft Au 6StoThe H￿1 ￿11 Lwdrth M21 ILP On￿1r Martyn Cas%•*ll. char￿Tr 31 Oakmwd Pl￿ Sou¢fyqaie LoThkn N14 DÈrekWooth*ard.Treaswer 39AxL*G¥de￿Ellfith 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 follo￿ed 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 reqU1￿ment 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 lo￿a￿ ￿j1( ILP Section B Disclosure Only complete rf the examiner needs to highlight material matters of concem (see CC32. Independent eXaMina￿n 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 8￿1 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•yn*rts Deveknpment Fund 1981 Fund Matel Roberts Fund Polycary) Fund Prize Funds Stopford Bursary -12,732.t -319.6 .1￿12 450.8 -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 arr￿d tobwa 108.535. 9L157 Trust F￿d Autymts forthe p•rkndfrnm I#J*￿arylts 3151 Dttom￿r 2021 Balances at lstJanuary 559,643.69 Plus Transfer from Trwt F￿d A￿en￿ 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 T￿￿1 Fund Capltal Acccwnts I(￿.535￿4 559.643.69 91.157 $5gh44 668.179.6 16 2¢ Mtssiafft Au 6StoThe H￿1 ￿11 Lwdrth M21 ILP On￿1r Martyn Cas%•*ll. char￿Tr 31 Oakmwd Pl￿ Sou¢fyqaie LoThkn N14 DÈrekWooth*ard.Treaswer 39AxL*G¥de￿Ellfith Mldthew EN3 5RS