ALL HALLOWS FARNHAM
CHARITABLE TRUST
(LIMITED BY GUARANTEEI
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Registered Company No.. 02925196
Registered Charity No.. 1041017

ALL HALLOWS FARNHAM CHARITABLE TRUST
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Pago
Contents
Report of the Trustees
Re￿rt of the Auditors
statement of Financial Activities
Balance Sheet
Statement of Accounting Policies
9-10
Notes lo the Financial Statements

ALL HALLOWS FARNHAM CHARITABLE TRUST
REPORT OF THE TRUSTEES
The Trustees present their report and audited financial statements for the year ended 31 March 2022.
REFERENCE AND ADMINISTRATIVE INFORMATION
TRUSTEES
C l Anderson
M A Baines
P J Jukes
J V Madden
T J S McGinn
D Spare
SECRETARY
C S Antrob4JS
REGISTERED OFFICE
All Hallows Catholic School
Weybourne Road
Farnham
Sufrey
GU9 9HF
REGISTERED COMPANY NUMBER
2925196
REGISTERED CHARITY NUMBER
1041017
AUDITOR
Haysmacintyre LLP
Chartered Accountants
10 Queen Street Place
London
EC4R 1AG
BANKERS
HSBC Bank PIC
74 High Street
Alton
Hampshire
GU34 1EZ
INVESTMENT MANAGERS
Fundsmilh
33 Cavendish Square
London
W1GOPW

ALL HALLOWS FARNHAM CHARITABLE TRUST
REPORT OF THE TRUSTEES {CONTINUEDI
The financial statements have been pff pared in accordance with the Companies Act 2006, the Charities Act 2011 and
reporting by charities.. Slalement of Recommended Practice applicable to charities preparing their financial slalements
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS102) (second
edition effective, 1 January 2019}.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Constltutlon
The company was incorporated on 3 May 1994 as a company limited by guarantee and is a registered charity. The
number of trustees is never less than three. The Iruslees may appoint new Iruslees as required and the secretary to
the Trust is appointed by the trustees. in accordance with the Memofandum & Articles of Association.
Trustee$
The Trustees of the company, who are also the charity trustee5. who served durlng the year and up lo the dale of
this report are as follows'.-
C Anderson
M A Baines
P J Jukes
J V Madden
T J S McGinn
D Spare
Secretary
C S Antrobus
Rlsk Assessment
Whilst the emergence and spread of a coronavirus has significantly impacted economies and organisalions
worldwide during 2020 through to present day in 2022. due to the nature of its activities the specific impact on the
company lies solely on the economy's impact on the managed investment fund as sel out in note 3. The Trustees
have assessed the major risks lo which the Trust is exposed. in particular Ihose related to its operations and
finances, and are satisfied that there are controls in place to mitigate exposure to such risks.
Recruitment, induction and tralnlng of trustees
Existing Iruslees identify new trustee$ and one lo one induction lakes place with the Chair. Selective reading
material is provided to all trustees.
OBJECTIVES AND ACTIVITIES
The objectives of the Trust are the advancement of Roman Catholic religion and education and the provision of
education and educational facilities to All Hallows Catholic School in Farnham, Surrey {Ihe School). The principal
activity throughout the year was managing the TTUSt'S assets, leasing the Sixth Form Centre to All Hallows Catholic
School and continuing to raise funds for the benefit of the School.
Public Benefit
The trustees have given due consideration to the Charity Commission's guidance on public benefit when
considering the aclNilies the charity undertakes. The provision of educational facilities at All Hallows Catholic
School is of benefit to the local community as many of the facilities are hired out lo external clubs in the evenings
and at weekends.
ACHIEVEMENTS AND PERFORMANCE
The rents received from the School, together with donations from parents of students al the School. covered the
cost of bank loan repayments. It was also possible lo make donations to the School towards the cost of capital
improvements and equipment.

ALL HALLOWS FARNHAM CHARITABLE TRUST
REPORT OF THE TRUSTEES {CONTINUED)
FINANCIAL REVIEW
A summary of the results for the year is given on Page 7 of the financial slatemenls. The Trustees consider the State
of affairs lo be satisfactory.
Treasury management and investment policy
Investing the charitable funds first took place in 2018119. There are no restrictions on the Charity's power to invesL
The Charity's investments are managed day-lo-day by Fundsmilh, a Ihird-party fund manager, which the Trustees
meet with periodically to review perfomiance, income requirements and market trends.
Rosorves Pollcy
The charity has free reserves, namely unrestricted funds not represented by fixed assets or bank loan, of £932,336
(2021.. £774,573) at the year end. Its accumulated surpluses are being applied towards providing grants and for future
capital projects lo benefit All Hallows Farnham Catholic School. The Trustees find the current level of reseNes lo be
salisfaclory.
FUTURE PLANS
The Trust will make available lo curriculum departments of the School matched-funding grants lo enhance the
provision of education and support the aims and objectives of the School. The Trust will work lo save funds with the
aim of contributing towards a new English Library and Media Centre in the next few years.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The Trustees {who are also the directors) are responsible for preparing the Report of the Trustees and the financial
statements in accordance wilh applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice).
Company law requires the Trustees lo prepare financial slalements for each financial year which give a true and fair
view of the state of affairs of the charitable company and of the incoming resources and application of resources,
including the income and expenditure, of the charitable company for that period. In preparing these financial
statements, the Trustees are required lo,.
select suitable accounting policies and then apply them consistently.,
obseNe the methods and principles of the Charities SQRP.,
make judgements and estimates that are reasonable and prudent.,
slate whether applicable accounting standards have been followed. subject to any material departures
disclosed and explained in the financial slatemenls., and
prepare the financial stslements on the going concern basis unless it is inappropriate lo presume that the
company will continue in business.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy al any
lime of the financial position of the ¢harilable company and enable them to ensure that the financial statements comply
with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and
hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
So far as each of the Trustees is awa￿ at the time the report is approved..
there is no relevant audit information of which the company's auditors are unaware., and
the Trustees have tsken all steps that they ought to have taken lo make themselves aware of any relevant audit
infomialion and to establish that the auditors are aware of that information.
This report has been prepared in accordance with the special provisions relating lo companies subject lo the small
companies regime within part 15 of the Companies Act 2006.
This re
ort was approved by the Board of Trustees on 15 December 2022 and signed on ils behalf by
M A Baines
Trustee

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
ALL HALLOWS FARNHAM CHARITABLE TRUST
OPINION
..We have audited the finanoial statements of All Hallows Farnham Charitable Trust for the year ended 31 March 2022
which comprise the Statement of Financial Activities, the Balance Sheet and notes lo the financial stalernents,
"including a summary of significant accounting policies. The financial reporting framework that has been applied in their
p￿paratIOn is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102
The Financial Reporting Standard applicablo in the UK and Republic of Ireland (United Kingdom Generally Accepted
Ac¢ounting Practice).
In our opinion, the financial statements..
give a true and fair view of the stale of the charitable company's affairs as al ended 31 March 2022 and of the
charitable company's nel movement in funds. including the income and expenditure, for the year then ended.,
have been propedy prepared in acwrdance with United Kingdom Generally Accepted Accounting Pracli¢e',
and
have been prepared in accordance with the requirements of the Companies Act 2006.
BASIS FOR OPINION
We conducted our audit in accordance with InlernatKinal Standards on Auditing IUKI IISAS {UK}l and applicable law.
Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the
financial stslements section of our report. We are independent of the charity in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard.
and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit
evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion.
CONCLUSIONS RELATING TO GOING CONCERN
In auditing the financial stalemenls, we have concluded that the Iruslees, use of the going Concern basis of accounting
in the preparation of the financial statements Is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the group's ability lo continue as a going
concern for a period of at least ￿e1ve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant
sections of this report.
OTHER INFORMATION
The trustees are responsible for the other information. The other information comprises the information included in the
Report of the Trustees. Our opinion on the financial statements does not cover the other information and, except to the
extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion Ihereon.
In connection wlh our audit of the financial slatemenls, our responsibility 18 to read the other information and, in doing
so, consider whether the other information is materially inconsistent with the financial statements or our knowledge
obtained in the audit or otherwise appears lo be materially misstated. If we identify such material inconsistencies or
apparent material misstalemenls, we are required lo determine whether there is a material misstatement in the
financial statements or a material misstatement of the other information. If, based on the work we have performed, we
conclude that there is a material misstatement of this other information, we are required lo report that faGI. We have
nothing to report in this regard.
OPINIONS ON OTHER MAThERS PRESCRIBED BY THE COMPANIES ACT 2006
.In our opinion, based on the work undertaken in the course of the audit..
the information given in the Report of the Trustees {which includes the Director's report prepared for the
purposes of company 18w} for the financial year for which the financial statements are prepared is consistent
with the financial slatemenls.. and
the Directors. report included within the Report of the Trustees has been prepared in accordance with
applicable legal requirements.

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
ALL HALLOWS FARNHAM CHARITABLE TRUST
MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION
In the light of the knowledge and understanding of the Charitable company and its environment obtained in the course
of the audit. we have not identified material misslalemenls in the Report of the Trustees (which incorporates the
Trustees, report).
We have nothing lo report in respect of the following mallers in relation to which the Companies Act 2006 requires US
to report lo you if, in our opinion..
adequate acGounling records have not been kept by the charitable company., or
the charitable company financial statements are not in agreement with the accounting records and returns., OT
certain disclosures of Trustees, remuneration specified by law are not made., or
we have not received all the information and explanations we require for our audit., or
the Iruslees were not entitled lo prepare the financial statements in accordance with the small companies,
regime and lake allvanlage of the small companies, exemptions in preparing the Iruslees, reF)Ort and from the
requirement lo prepare a strategic report.
RESPONSIBILITIES OF TRUSTEES FOR THE FINANCIAL STATEMENTS
As explained more fully in the Iruslees, responsibilities statement sel out on page 3, the trustees (who are also the
Trustees of the charitable company for the purposes of company lawl are responsible foT the prep8ralion of the
financial statements and for being satislied that they give a true and fair view, and for such internal control as the
Iruslees determine is necessary to enable the preparation of financial Statements that a￿ free from material
misslalemenl, whether due to fraud or error.
In preparing the financial stalemenls, the trustees are responsible for assessing the charitable company's ability lo
continue as a going COn￿rn, disclosing, as applicable, mallers related lo going concern and using the going concern
basis of accounting unless the trustees either intend lo liquidate the charitable company or to cease operations, or
have no realistic alternative bul to do so.
AUDITOR'S RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS
Our objectives are to obtain reasonable assurance about whether the financial slalements as a whole are free from
material mi$st8tement. whether due to fraud or error, and lo issue an auditor's report that includes our opinion.
Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted in accordance with
ISAS {UKI will always delecl a material misstalemenl when it exists. Misstatements can arise from fraud or error and
are considered material if, individually or in the aggregate. they could reasonably be expected lo influence the
economic decisions of users taken on the basis of these financial stalemenls.
Irregularities, including fraud, are instances of non-compliance with laws and regulations, We design procedure5 in line
with our responsibilities, outlined above, lo detect material misstatements in respect of irregularities, including fraud.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below..
Based on our understanding of the group and the environment in which it operates, we identified that the principal
risks of non-compliance with laws and regulations related lo the Companies Act 2006 and Charities Act 2011, and we
considered the extent lo which non-compliance might have a material effect on the financial slatemenls. We also
considered those laws and regulations that have a direct impact on the preparation of the financial statements such as
corporation tax, and sales lax.

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
ALL HALLOWS FARNHAM CHARITABLE TRUST
We evaluated management's incentives and opportunities for fraudulent manipLtlalion of the financial statements
(including the risk of override of controls), and determined that the princip81 risks were related lo posting inappropriate
joumal entries lo revenue and management bias in accounting estimates. Audit procedures performed by the
engagement team included..
Inspecting correspondence with regulators and lax authorities..
Discussions with management including consideration of known or suspected instances of non-coMplian¢e
with laws and regulation and fraud.,
Evaluating management's controls designed lo prevent and delecl irregularities.,
Identifying and testing journals, in particular journal entries posted with unusual account combinations.
postings by unusual users or with unusual descriptions
Challenging assumptions and judgements made by management in their critical a¢¢ounting estimates., and
agreeing the validity of recognised receivables on a sample basis and challenging the recoverability
assumptions. further assessing for any fraud or bias.
Because of the inherent limitations of an audit. there is a risk that we will not delecl all irregularities, including those
leading to a material misslalement in the financial statements or non-compliance with regulation. Thi5 risk increases
the more that compliance with a law or regulation is removed from the events and transactions reflected in the
financial stslements, as we will be less likely to become awaie of instances of non-compliance. The risk is also greater
regarding irregularities occurring due to fraud rather than error. as fraud involves intentional concealment, forgery,
collusion, omission or misrepresenlalion.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website al.. www.Ir¢ or
.uklaudilorsres
onsibililies. This description forms part of our auditor's
report.
USE OF OUR REPORT
This report is made solely lo the charitable company's members, as a body, in accordance wlh Chapter 3 of Part 16 of
the Companies Act 2006. Our audit work has been undertaken $0 that we might slate lo the charitable company's
members those matters we are required lo slate to them in an Auditor's report and for no other purpose. To the fullest
exlenl permitted by law, we do not accept or assume responsibility lo anyone other than the charitable company and
the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.
Lee Stokes. Sgnior Statutory Auditor
for and on behalf of Haysmacintyre LLP,
Statutory Auditor
10 Queen Street Place
Lorsdon
EC4R 1AG
Dale..
16 December 2022

ALL HALLOWS FARNHAM CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2022
Total
Unrestricted
Funds
2022
Total
Unrgstricted
Funds
2021
INCOME AND EXPENDITURE
Notes
Income from:
Donations
99,991
97.485
Other trading a¢livitles'.
Rental income
99,000
99.000
Investments..
Interest received
Total income
198,994
196.493
Expenditure on:
Charitable activities
58,960
69.468
Total expendlture
58,960
69.468
Net Income before galns on Investments
140.034
127,025
Unreali¥ed gains on investments
62.764
146,793
Net movement In funds
202,798
273,818
Balances brought forward 811 April 2021
1,298,860
1,025.042
Balances carried forward at 31 March 2022
1,501,658
1,298,860
All activities are continuing.
The a¢companying notes form part of these financial statements.

ALL HALLOWS FARNHAM CHARITABLE TRUST
Company Number: 02925196
BALANCE SHEET
AS AT 31 MARCH 2022
2022
2021
Note$
FIXED ASSETS
Tangible fixed assets
Investments
592,693
827,712
639,977
692,948
1,420,405
1.332.925
CURRENT ASSETS
Debtors
Cash al bank and in hand
30,089
84,485
29,590
61,585
114,574
91.175
CREDITORS: Amounts falling due
within one year
{33,3211
1104,3501
NET CURRENT ASSETSIILIABILITIES)
81,253
{13,175)
CREDITORS: Amounts falling due
after one year
{20,890)
NET ASSETS
1,501,658
1.298,860
UNRESTRICTED FUNDS
General Reserve
1.501.658
1,298,860
Approved by the Board of Trustees and aulhorised for issue on 15 December 2022 and were signed below on its
behalf by..
M A Baines
Trustee
The accompanying notes form part of these financial stalemenls.

ALL HALLOWS FARNHAM CHARITABLE TRUST
STATEMENT OF ACCOUNTING POLICIES
FOR THE YEAR ENDED 31 MARCH 2022
al Basis of Accounting
The financial statements have been prepared in accordance wf(h Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republ￿ of Ireland IFRS 1021 (second edition.
effective 1 January 2019 - (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the
UK and Republic of Ireland IFRS 1021 and the Companies Act 2006.
The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially
recognised al historical cost or transaction value unless otherwise stated in the relevant accounting policy
notelsl.
There were no critical areas ofjudgment or estimation used in preparing the financial statements.
bl Golng ¢oncern
The trustees consider there are no material uncertainties about the charity's ability lo continue as a going
concern. The review of our financial position and reserves levels, particularly including the investment
portfolio, and future plans gives trustees confidence the charity remains a going concern for the foreseeable
lulure.
cl Incomo
All income is included in the statement of financial activities when the charity is entitled to the income, it is
probable that income will be received and the amount can be quantified with reasonable accuracy. Income
received for the year is wholly allributable to the continuing activities of the company and it is earned entirely
within the United Kingdom.
dl Expendlturg
The irrecoverable element ol VAT is included with the item of expense to which il relates.
Charitable activities relates to ￿$ts incurred in delivering the ¢harily's activities and services lo its beneficiaries.
Govemance costs are costs incurred in meeting the con51ilulional and statutory requirements of the ¢harily.
el Cash Flow Statement
The company has taken advantage of the exemptions provided by SORP IFRS 1021 and has not prepared a
Cash flow statement for the year.
fl Tanglble Ilxed as$ets
Tangible fixed assets are staled at cost. Depreciation is provided to write off the cost of fixed assets over their
esb'maled useful lives as follows..
Long Leasehold Property
Furniture and Fillings
Life of the Lease
200A per 8nnum
gl Inve$tments
Investments are a fomi of basi¢ financial instrument and are initially shown in the accounts at market value. When
shares are disposed. any realised gains or losses on the disposal of shares is recognised in the Statement of
Financial Activities. Movements in the market values of investments are shown as unrealised gains and losses in
the Statement of Financial Activities. Realised gains and losses on investments are calculated as the difference
between sales proceeds and their opening carrying values or their purchase value if acquired subsequent lo the
first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value
at the end of the year and their carrying value. Realised and unrealised investsmenl gain$ and losses are
combined in the Slalement of Financial Activities.

ALL HALLOWS FARNHAM CHARITABLE TRUST
STATEMENT OF ACCOUNTING POLICIES ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
h) Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
il Cash at bank and In hand
Cash at bank and cash in hand includes cash and amounts held in liquid bank accounts.
Il Credltors and provlslons
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event
that will probably result in the transfer of funds to a third party and the amount due lo settle the obligation can be
measured or estimated reliably. Creditors and provisions are normally recognised al their settlement amount after
allowing for any trade discounts due
kl Flnancial instruments
Basic financial instruments are initially recognised at transaction value and subsequently measured al amortised
cost with the exception of investments which are held al market value. Financial assets held amortised cost
comprise cash at bank and in hand, together with trade and other debtors. A specific provision is made for debts for
which recoverability is in doubt. Cash al bank and in hand is defined as all cash held in instant access bank
accounts and used as working caprtal. Financial liabilities held al amortised cost comprise all creditors except
accruals and provisions.
11 Taxation
The company is a registered charity and no tax is payable on its charitable income and surpluses re-applled
lo its charitable purposes.
10

ALL HALLOWS FARNHAM CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
EXPENDITURE
Other
Costs
Total
2022
Doproclatlon
Gh8ritabl8 activitl8S.'
Costs of operations
Donations
Interest payable on bank loan
Goveman¢e Costs
47,284
1,195
3,000
2,481
5,000
48,479
3,000
2,481
5,000
47.284
11,676
58,960
Other
Costs
Total
2021
Comparatlv• porlod
Dgprociation
Charitable activities..
Costs of operations
Donations
Interest payable on bank loan
Governance costs
47.284
1.098
9,760
5,926
5,400
48,382
9,760
5,926
5,400
47.284
22,184
69,468
The governance c051s of the charity include only the auditor's remuneration c051s recognised in
the year of £5,00012021'. £5,400) which lakes into account an £nil12021'. £8001 recognition limin9
difference whereby fees charged were £5,00012021'. £4,600).
No remuneration wa$ paid to any of the Trustees in the year12021'. £Nil}. No staff were employed
by the charity12021.' none).
FIXED ASSETS
6th Fom
Contro
Furnltura
and flxturns
Totsl
COST
At 1 April 2021
945,674
9.951
955,625
DEPRECIATION
At 1 April 2021
Charge for the year
305,697
47,284
9.951
315,648
47,284
At 31 March 2022
352,981
9.951
362,932
NET BOOK VALUE
Al 31 March 2022
592,693
592,693
Al 31 March 2021
639,977
639,977
The fixed assets are wholly used for the company's charitable purpose. The leasehold Properties are with All
Hallows Catholic School. On the 18 July 2014 a new 20-year lease was signed for the 61h Form Centre
which was completed in the year to 31 March 2015 and the costs incurred have been depreciated from
September 2014 when the building came into use.
11

ALL HALLOWS FARNHAM CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS Icontinu•dl
FOR THE YEAR ENDED 31 MARCH 2022
INVESTMENTS
2022
2021
As al 1 April 2021
Additions
Unrealised gain
692,948
72,000
62,764
474.155
72.000
146.793
As al 31 March 2022
827,712
692.948
The above investment holding is held fully as equity unlls with a historic cost of £590,000
12021.. £518,000).
DEBTORS
2022
2021
Trade deblors
Other debtors
Prepayments
9,900
19,571
618
9.900
19.072
618
30,089
29.590
CREDITORS: Amounts falling due within one year
2022
2021
Social security and other taxes
Accruals
Bank loan Isee note 71
4,950
5,000
23,371
4,950
4,600
94,800
33,321
104.350
CREDITORS: Amounts falling due after one year
2022
2021
Bank loan (see note 71
20.890
BANK LOAN
2022
2021
Due wrthin one year
Due wsthin one lo two years
Due wf(hin two to five years
23,371
94,800
20,890
23.371
115,690
The loan is secured by a debenture comprising fixed and floallng charges over all the assets and undertaking
of All Hallows Farnham Charitable Trust and a first legal mortgage over the leasehold property of All Hallows
Farnham Chaiitable Trust known as the Sixth Form Centre and Auditorium, All Hallows Catholic School,
Weybourne Road, Famham. Surrey. Interest on the loan will be charged al 2.5Yo per annum over the Bank
of England Base Rate and the loan is for a term of seven years and six months from the drawdown date of
13 January 2015.
12

ALL HALLOWS FARNHAM CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS Icontinu•dl
FOR THE YEAR ENDED 31 MARCH 2022
SHARE CAPITAL
The company is limited by guarantee and as such ha$ no issued share capital.
Each member's guarantee is limited to an amount of up to £1 per member.
RELATED PARTY TRANSACTIONS
A 20-year lease with All Hallows Catholic School for the 61h Form Centre commenced on 18 July 2014. Rent of
£8,250 per month is receivable for the life of the lease. One month'$ rent is included in trade debtors al 31 March
202212021. one monthl.
Trustees donated £012021.. £301 to the Trust in the year.
13

ALL HALLOWS FARNHAM CHARITABLE TRUST
DETAILED INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2022
FOR TRUSTEES INFORMATION ONLY
2022
2021
INCOME
Donations
Gift aid ￿CeiVable
Rental income
Bank interest
80.420
19,571
99.000
78.413
19,072
99,000
198.994
196,493
EXPENDITURE
Professional fees
Loan interest
Sundry
Donations
5,000
2,481
1,19S
3,000
5,400
5,926
1,098
9,760
111,6761
{22,184)
OPERATING SURPLUS FOR
THE YEAR
187,318
174,309
Depreciation
147,284}
147,2841
SURPLUS FOR THE YEAR BEFORE
GAINS ON INVESTMENTS
140,034
127,025
Unreali$ed gains on investments
62,764
146,793
SURPLUS FOR THE YEAR
202,798
273,818
This page does not form part of the statutory financial statements.
14