2023-08-31-accounts - Boteler Educational Trust

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		Page
Report ofthe Trustees	1	to	5
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements	9	to	15
Detailed Statement ofFinancial Activities		16

for th	e Year E	nded 31August	2023
				31.8.23	31.8.22
		Unrestricted	Endowment	Total	Total
		fund	fund	funds	funds
	Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies		59		59	20
Investment income		12,774	58,814	71,588	68,085
Total		12,833	58,814	71,647	68,105
EXPENDITURE ON
Raising funds		4,066		4,066	3,620
Charitable activities
SirThomas Boteler High School - school projects		38,000		38,000	40,000
Property costs		1,110		1,110	998
Total		43,176		43,176	44,618
Net gains/(losses) on investments			(63,119)	(63,119)	(34,046)
NET INCOME/(EXPENDITURE)		(30,343)	(4,305)	(34,648)	(10,559)
Transfers between funds	10	25,000	(25,000)
Net movement in funds		(5,343)	(29,305)	(34,648)	(10,559)
RECONCILIATION OFFUNDS
Total funds brought forward		4,008	10,943,123	10,947,131	10,957,690
TOTAL FUNDS CARRIED FORWARD		(1,335)	10,913,818	10,912,483	10,947,131

	Balance Sheet
	31August 2023
			31.8.23	31.8.22
	Unrestricted	Endowment	Total	Total
	fund	fund	funds	funds
	Notes
FIXEDASSETS
Tangible assets		9,149,000	9,149,000	9,149,000
Investments
Investments		1,516,790	1,516,790	1,579,909
Investment property		151,000	151,000	151,000
		10,816,790	10,816,790	10,879,909
CURRENT ASSETS
Cash atbank	1,029	97,028	98,057	69,262
CREDITORS
Amounts falling due within one year	(2,364)		(2,364)	(2,040)
NET CURRENT ASSETS/(LIABILITIES)	(1,335)	97,028	95,693	67,222
TOTAL ASSETSLESSCURRENT
LIABILITIES	(1,335)	10,913,818	10,912,483	10,947,131
NET ASSETS	(1,335)	10,913,818	10,912,483	10,947,131
FUNDS	10
Unrestricted funds			(1,335)	4,008
Endowment funds			10,913,818	10,943,123
TOTAL FUNDS			10,912,483	10,947,131

Further explanation ofthe nature	Further explanation ofthe nature	and purpose ofeach fund is included in the n	otes to the financial statem	ents.
INVESTMENT INCOME
			31.8.23	31.8.22
			f.
Rents received			12,774	12,319
Income from COIF	investments		56,031	55,547
Deposit account interest			2,783	219
			71,588	68,085
RAISING FUNDS
Raising donations	and legacies
			31.8.23	31.8.22
Support costs			4,066	3,620
GRANTS PAYABLE
			31.8.23	31.8.22
Sir Thomas Boteler	High School	—school projects	38,000	40,000
The total grants paid to institutions		during the year was as follows:
			31.8.23	31.8.22
SirThomas Boteler	Church ofEngland High School		38,000	40,000

	Notes to the Finan for the Year	Notes to the Finan for the Year	cial Statements - continued Ended 31August 2023
7.	FIXEDASSETINVESTMENTS
				COIF
				Investment
				fund
				f.
	MARKET VALUE
	At I September 2022			1,579,909
	Revaluations			(63,119)
	At 31August 2023			1,516,790
	NET BOOKVALUE
	At 31August 2023			1,516,790
	At 31August 2022			1,579,909
	There were no investment	assets outside the UK.
	Cost or valuation at 31August 2023 is represented		by:
				COIF
				Investment
				fund
	Valuation in 2022			1,579,909
	Valuation in 2023			(63,119)
				1,516,790
8.	INVESTMENT PROPERTY
	FAIR VALUE
	At 1 September 2022
	and 31August 2023			151,000
	NET BOOKVALUE
	At 31August 2023			151,000
	At 31August 2022			151,000

9.	CREDITOR	S: AMOUNTS	FA	LLING DU	E WITHIN ONE YE	AR
							31.8.23	31.8.22
								f.
	Other creditors						2,364	2,040
10.	MOVEMENT IN FUNDS
						Net	Transfers
						movement	between	At
					At 1.9.22	in funds	funds	31.8.23
	Unrestricted	funds
	General fund				4,008	(30,343)	25,000	(1,335)
	Endowment	funds
	Endowment	Fund			10,943,123	(4,305)	(25,000)	10,913,818
	TOTAL FUNDS				10,947,131	(34,648)		10,912,483
	Net movement in funds, included			in the above	are as follows:
					Incoming	Resources	Gains and	Movement
					resources	expended	losses	in funds
	Unrestricted	funds
	General fund				12,833	(43,176)		(30,343)
	Endowment	funds
	Endowment	Fund			58,814		(63,119)	(4,305)
	TOTAL FUNDS				71,647	(43,176)	(63,119)	(34,648)
	Comparatives for movement		in	funds

			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
Unrestricted	funds
General fund			12,339	(44,618)		(32,279)
Endowment	funds
Endowment	Fund		55,766		(34,046)	21,720
TOTAL FUNDS			68,105	(44,618)	(34,046)	(10,559)
A current year 12months		and prior year 12months	combined position	is as follows:
				Net	Transfers
				movement	between	At
			At 1.9.21	in funds	funds	31.8.23
Unrestricted	funds
General fund			11,287	(62,622)	50,000	(1,335)
Endowment	funds
Endowment	Fund		10,946,403	17,415	(50,000)	10,913,818
TOTAL FUNDS			10,957,690	(45,207)		10,912,483

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		25,172	(87,794)		(62,622)
Endowment	funds
Endowment	Fund	114,580		(97,165)	17,415
TOTAL FUNDS		139,752	(87,794)	(97,165)	(45,207)

		Boteler Educational Trust
		Detailed Statement ofFinancial Activities
		for the Year Ended 31August 2023
			31.8.23	31.8.22
INCOME AND ENDOWMENTS
Donations and legacies
Donations			59	20
Investment income
Rents received			12,774	12,319
Income I'rom COIF investments			56,031	55,547
Deposit account interest			2,783	219
			71,588	68,085
Total incoming resources			71,647	68,105
EXPENDITURE
Charitable activities
Insurance			1,110	998
Grants to institutions			38,000	40,000
			39,110	40,998
Support costs
Governance costs
Independent examiners		fee	2,466	2,040
Secretary's fees			800	780
Treasurer's fees			800	800
			4,066	3,620
Total resources expended			43,176	44,618
Net income before gains		and losses	28,471	23,487
Realised recognised	gains and losses
Realised gains/(losses)	on fixed asset investments		(63,119)	(34,046)
Net expenditure			(34,648)	(10,559)