SPALDING HIGH SCHOOL FUND
CHARITY NUMBER 1043903
STATEMENT OF ACCOUNTS
for the year ended
31 MarGh 2026
Spalding High School
++++
"An Outstanding Girls, Grammar School with a Mixed Sixth Form"

SPALDING HIGH SCHOOL FUND
STATEMENT OF ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2026
INDEX
Page
Annual Rgport
Independent Examin&rs Report
Statement of Financial Activities
Balancè Sheet
5t011
Notes lo the Financial Slalemenls

SPALDING HIGH SCHOOL FUND
ANNUAL REPORT
for the year ended 31 March 2026
The Spalding High School Fund is a registered charity No. 1043903. Its address is Spalding High School,
Slonegate, Spalding, Lincolnshire. PE112PJ.
The oblect of th8 charity is lo advancg the education of tho students by providing and assisting in the
provision of facilities for the education of the students al the school not normally provided. This should
develop more rounded members of the public when the students leave school.
The Headmistress. the Chaimian of the Govemors and the Chairman of Finance shall be the
Adminislralors of the Fund with the Schools Bursar acting In an exècutive capaclty in the doily operation of
The fund is governed by a constitution approved by the Administrators on 11 May 1999.
The following people were responsible for the management of this fund during the year ended 31 Morch
2026..
Mrs. M. Anderson
Mrs D Mulley
Mr P Barks
Headmistress
Chair Df Governors
Chair of the Flnance Committee
Mr A Fragale
(Resigned 31 August 20251
Mrs R Fox, who is the School Bursar Manager of Spalding Hlgh School, acts in an executive posrtion on a
day lo day basis.
The bankers are Lloyds Bank Pl¢ of Hall Place, SpaldSng, Lincolnshirè, PE11 1BD.
The Indepèndent Examiner is K J M8ggs, FCA . Ho&km8n Way, Spalding, Linc8. PE11 3HE.
During the year under rèview, there have bggn trips to Italy, B&lgium, Iceland and Austria,. fundraising
event5 have taken place including Easter Extravaganza, Children in Need, Frfght Night, Macmillan Coffee
Morning. Agape Food Bank Collection, House Charity Day, Staff Karaoke, Christmas Disco and Red Nose
Students have been very active in their charitable collecting and conducted their fundraislng in a variety of
imaginative ways, we now sponsor three guide dogs and Other funds w8r8 raised for a Dom8sli¢ Abuse
Charity, The Llttle Princess Trust, Don't Lose Hope, RSPCA 8nd others. Funds havg been forwarded to the
relevant charities on behalf of our generous students and families.
Th8 fund has purchased a small nurnber of items that were not funded by Local Aulhorty.
The Trustees consider that all of th8 above a¢tlvities show that the fund operates in accordance with the
Charity Commlss5ons' general guidancg on public benefit
The Trustees are responsible for the management of risks faced by the fund. Risks are identified, assessed
and controls established. The Trustees are satisfied that the major risks identified havo been adequately
m(tigated where necessary. All Irlps and activities are don8 through the school and undenNritten only by the
firm.
The charity holds funds hold as Custodian Trustee on behalf of Lincdnshlre County Council and the
school's pupils in respect of the school canteen. No transactions are included in the Statements of Financial
Activities bul the balance8 ar8 shown in notes 10 and 11.
Trustee
This report was approved by the Trustees on .
....Vuno... 2026.
Mrs. M. Anderson
Headmistress
Page 1

INDEPENDENT EXAMINERS REPORT
TO THE TRUSTEES OF
SPALDING HIGH SCHOOL FUND
I report lo the charity trustees on my examination of the accounts of the charity for the year ended 31
March 2026, which are sel out on pages 3 10 11.
Responslbilities and basis of report
As the charlty's trustees you are responsibl8 for the preparallon of the accounts in accordance wth the
requlromenl of the Charities Act 20111'lhe Acl'l.
I report in respect of my examination of the chariws accounts carrler out under section 145 of thè Act and
in carrying out my examination I have followed all the applicable Directions given by the Charity
Commlssion under section 14515llbl of the Act.
Indepondent èxamlnerfs statsmant
I have completed my examination. I confirm that no material matters have come lo my attention in
connection wllh thg examination giving me causg lo believe that in any malèrlal respect-.
accounting records were not kept in respect of the charity as required by section 130 of the Act., or
2. the accounts do not accord wth those records., or
3. the accounts do not comply with the applicable requirements concèrning the fomi and content of
accounts set out in thè Char￿tieS IAc¢ounls and Reports) Regulations 2008 other than any
requirement that the accounts give a 'lrue and fair view. which is not a matter considered as part of
an independent examinats'on.
I have no concerns and have come across no other mallers in connoction with the examination lo which
attontion should be drawn in Ihls report in order lo enable a proper underslandlng of the accounts to be
reached.
K. J. Maggs
Chartered Account
Spaldlng
. 2026
Page 2

SPALDING HIGH SCHOOL FUND
STATEMENT OF FINANCIAL ACTivrriES
FOR THE YEAR ENDED 31 MARCH 2026
2026
Unrestricted Re$trlcted
Fund
Fund$
2025
Notes
Total
Total
Income from..
Grants and donations
Ch8ritable aclivilles
Investment income
152
74,507
16
1,061
247,118
1,213
321.625
16
708
316.041
16
Total Income
74.675
248,179
322,854
316,765
Expendlture on:
Charitsble act4vilie8
75,946
251,S15
327,461
297.271
Total expanditure
75.946
251,515
327,461
297,271
Lossès on investment assols
Net expanditure
11,271)
13,3361
14.6071
19,492
Transfers b•twa8n funds
7,182
7,182
Net movament to funds
18,4531
3.846
14,607)
19,492
Roconciliatlon of funds:
Fund balances brought fowrd
44.337
23,193
67,530
48,038
Fund balan¢os carried forward
35,884
27,039
62,923
67,530
The notes to the accounts set oul on pages 5 10 11 form an integral part Df these accounts
Page 3

SPALDING HIGH SCHOOL FUND
BALANCE SHEET
AT 31 MARCH 2026
2026
Unrestricted Re$trl¢t¢d
Fund
Funds
2025
Notes
Total
Total
Current assgts
Debtors
Bank and cash balances
1,692
93,765
25,544
88,221
27,236
181,986
2,197
194,639
10
95,457
113,765
209,222
196,836
Creditors
Amounts falling due withln one yea
159,5731
186,7261
1146,2991
1129,3061
Nèt Current assets
35.884
27,039
27.039
62,923
67,530
67.530
35,884
62,923
Income Funds
Reslricled Funds
Unrestricted Fund
13
14
27,039
27,039
35,884
62,923
23,193
44.337
35,884
35,884
27,039
67,530
trh
Theso s181ements were approved by th8 Trustees on
by..
2026 and signed on their beha
Mrs. M. And•rson
Headmistress
MrP Barks
hair of the Finance Committee
MLS o Mu•tsl
of GoVttsSa£S
The notes lo thg accounts set out on p8ges 5 to I I form an integral part of these accounts
Page 4

SPALDING HIGH SCHOOL FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
1. Accounting pollcles
The charity is an unlncorporaled charity registered in England and Wales with the Charity
Commission with the registration number 1043903. The chariws registered address is Stoneg&te,
Spalding, Lincolnshire, PE112PJ.
The principal accounllng pollcles adopted in the prèparatlon of the financial statements ar8 sgt out
below.
al The charity constitutes a public benefit entity as defined by FRS102. The financial statements have
been prepared in accordance with the Slatemant of Re¢ommended Practice: Accounting and
Reportlng by Charities preparing thelr accounts in accordance ￿th the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS1021 issued in Octobèr 2019 and the
Charilltss Act 2011.
b) The preparation of the financlal statements requires management lo make judgements, estimates
and assumpllons that affect the arllounls reportod. These estimates and judgemgnts are
continually reviewed and are b88ed on axperience and other factors, including expectations of
future events that are believed lo be reasonable under the circumstances. Revisions lo accounting
eslimales are recognisèd in the period in which the estimate is revised rf the revision affects only
that period or in the period of the revision and future periods If th8 revision affects both currènt and
Cul off - The only esllmalion applied in th&se accounts regarding cut off is concerning accruals and
prepayments where an eslimalion of the costs relating to the relevant period were applied when
rol81ing lo a different period.
¢} Al Income is recognised in the ststement of financial aclwilies when the conditions for receipt have
been mel, the amount can be measured reliably and It is probable that the incomo will be received
Where a claim for repayment of income tax has or will be made, such income is grossed for the lax
recoverable.
Donations and all other recelpts from fundraising and events are reported gross and aro accounted
for on a rece5vable basis.
Investment income is a¢counted for in the p8rlod in which the charity is enllll8d to receipt.
dl Expendllure is included in the slalemènt of financial activities on an 8¢cruals basis and is allocated
to a particular fund where the costs relate directly lo that fund. Expenditure is calegorised under the
headings recorded in the statement of financlal activities and has been allocated as detailed below..
Charitable activities include the costs of the activities defined by the charitys aims for the benefit of
the persons $￿ed In Ihg Charity objgcts.
Expendiluro for the school and students includes the costs of the equipment and other items
bought for the benefit of the school.
e) Gifts in kind are brought into the accounts where there Is either a reasonable estimate of their fair
value lo the funds or the amount which is actually realised. Where a value cannot be determined,
or a reasonable estimate applied, the glft Is not included in the ststemenl of flnanclal advi11gS.
n Debtors and creditors with no staled interest rate and receivable or payable within one yoar a
recorded at transaction price. Any losses arising from impairment are recognised in expenditure.
g} Reslricled funds are funds which are lo be used in accordance with specific reslriclions imposed by
donors or which have been raised by the charity for particular purposes. The costs of administering
such funds are charged against the specific fund.
Page 5

SPALDING HIGH SCHOOL FUND
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 MARCH 2026
1. Accountlng policies {contlnu•d
h) Unrestricted funds are donations and other income received or generated for the objectives of the
charity for use al th¢ discretion of the Trustees In the furtherance of the general objects of the
charity and which have not been designat8d for other purposes.
11 students wlll from timè lo time Brrange to make a collection or raise funds for a particular charity.
The money collected by the pupils is banked by this charity and then distributed lo the relevant
charity when all or a majoTity of the pupils, money has been roceived. Where a collection has
commenced but has not been concludgd the money collgcted and r8maining to bo distributed Is
deferred until the next accounllng period.
Throughout the year various trips of a social and educational nature have been arranged. Where
the Students have been Ljnable to fi'nance thes8 in full, the Unrestricted Funds have paid the
shortfall. Income is deferred to the extent that the cost of a trip has not fallen due at the balance
11 The financl81 statements have been propared on a going concern basis as the trustees beliève that
no material uncertainties exist. The Iruslees have considered the level of funds held and the
expected level of income and expenditur6 for the next 12 months from authorising the financial
2. Income from grant$ and donatlons
2026
Restrictsd
Funds
Unrestrlcted
Fund
2025
Total
Total
Donations-
Gift aid donations
Gift for Excellence Scheme
PE Fundraising
Prize giving
Other donations
152
152
146
120
686
375
375
121
321
152
1,061
1,213
708
3. Income from ¢harltable actlvltles
2026
Restri¢tod
Fund$
UnTestrict•d
Fund
2025
Total
Total
Sales
School Trips
Fund raising aclivS1ies and events
Charitable Collections
32,341
4,954
231,778
5,932
4,454
37,295
231,778
48,098
4,454
37,763
194,070
77,540
6.668
42,166
74,507
247,118
321,625
316,041
4. Investment in¢om8
2026
Restrl¢ted
Funds
Unre$trl¢tad
Fund
2025
Total
Total
Bank Inl8rest
16
16
16
Page 6

SPALDING HIGH SCHOOL FUND
NOTES TO THE FINANCIAL STATEMENTS {¢ontinued)
FOR THE YEAR ENDED 31 MARCH 2026
5. Expendlture on charitable actSvltlos
2026
Unrestricted Rgstrlctod
Fund
Funds
2025
Total
Total
Cost of sales
School Trips
Charitabl8 collections
Expenditure for school and students
33,789
5,092
234,079
4,454
7,890
38,881
234,079
4,454
50,047
36,161
191,361
7,250
62,499
42,157
75,946
251,515
327,461
297,271
6. Charltable Collections
2026
2025
Action Aid
Agape
Children In Need
Macmillan Cancer Support
Red Nose Day
Other charities
582
82
860
261
812
578
700
5,026
2,803
4,454
7,250
7. Expanditure for the school and the students
The expenditure covers items of equipment needed by the school Sncluding cornputers and other types
of equipment.
8. Tru$t8es remuneration and 8xpenses
None of the Trustees received any remuneration or expenses during ailher the current year under
review or the previous year.
9. Debtors
2026
Unrostricted Restri¢tod
Fund
Funds
2025
Total
Total
Balances between funds Inole11)
Prepayments and accrued Income
1,692
25.544
27,236
1.867
330
1,692
25,544
27.236
2,197
Page 7

SPALDING HIGH SCHOOL FUND
NOTES TO THE FINANCIAL STATEMENTS {¢ontlnued)
FOR THE YEAR ENDED 31 MARCH 2026
10. Bank and ¢a$h balances
2026
unr￿tricted Restricted
Fund
Funds
2025
Total
Total
Bank current a¢counl
Prizg fund account
Canteen account
93,765
60,197
2,877
25,147
1 S3,962
2,877
25,147
177,798
3,177
13,664
93,765
88,221
181.986
194,639
11. Creditors
2026
Unrestricted Restricted
Fund
Funds
2025
Total
Total
Amounts due to third partles
Balances between funds Inote91
Balance hald on behalf of students rè
Canteen
Balance held on beha￿ of Lincolnshire
County Council re Canteen
Balance held on behalf of Third Party re
Canl8en
Deferred incoming resources
Book deposits
643
25,544
19
1,692
662
27,236
303
1,867
18,855
18,855
8,987
2,558
2,558
4.601
3.655
3.655
8,318
83,203
1,812
91.521
1,812
110,818
2,730
59,573
86,726
146,299
129,306
12. Doferrad incoming resources
2026
Donatlons
2025
Total
Trlps
Total
Balance al 1 April 2025
Amount released to incomlng resoijrces
Amount deferred in the year
101,384
1101,3841
82,051
467
14671
1.152
101,851
1101,851 }
83,203
50.687
150,6871
101,851
Balance al 31 March 2026
82,051
1,152
83,203
101,851
Page 8

SPALDING HIGH SCHOOL FUND
NOTES TO THE FINANCIAL STATEMENTS (continuod)
FOR THE YEAR ENDED 31 MARCH 2026
13. Summary of Restricted Funds
In¢omlng I
loutgoingl
r•source$
Transfers I
investm¥nt
gains
At 1st April
2025
At315t
March 2026
Art Department
Debate Club
Drama Department
Fitness and LeSsure Fund
Geography Squad
Gift for Excellence Scheme
Locker Fund
Music Department
Physical Education Departsnent
Prue Fund
1,400
53
1,934
3,651
157
1701
153}
1908}
1,330
1,028
3,651
1S7
115
14,417
4,423
425
674
10,345
3,484
{559)
4,072
939
425
1,495
1.495
23,193
3,846
14.2091
27,039
Book Deposits
Charitable Collections
Duke of Edlnburgh Awards
Staff gifts
Trips and Visits
4.209
1694}
22
122}
2,301
{2,3011
23,193
13,336
7.182
27,039
Transfers out of restricted funds and Into the General Funds are required to Ile up monies spent by the
General Fund on bghaW the restricted fund.
Current
assets
Invastments
Llabllltles
Ngt a$$ets
Art Department
Drama Department
Fitness and Leisure Fund
Geography Squad
Gift for Excellènce Scheme
Locker Fund
Music Department
Prize Fund
Physical EdUca￿on Department
Book D8posils
Charitsble Colle¢tlon8
Trips and Visits
1,330
1,026
3,651
157
115
14,417
4,423
3,206
425
1,812
1,152
82,051
1.330
1,026
3,651
157
115
14,417
4,423
1,495
425
11,7111
11,8121
11,1521
182.0511
113,765
86,726
27,039
Page 9

SPALDING HIGH SCHOOL FUND
NOTES TO THE FINANCIAL STATEMENTS Icontlnued)
FOR THE YEAR ENDED 31 MARCH 2026
13. Summary of Restricted Funds I￿ntInued)
Where a departrnenl has raised funds for that partlcular department the funds are kept separate as
abovè. The different funds are named above. If a fund is used for the spec5flc purpose but th8 required
expènditure exCe￿S the monies available the deficit is funded by the General Fund.
Restricted funds described above as trips 8nd visits, Summer Fair, Charitable collections, 6th FLirm
Leaver's Ball and Christmas Paty wll usually result in a deficit rather than surplus. The pupils are not
charged more than the expected expenditure for trips bul on occasions this may happen and if the
excess exceeds £1 per pupil then It Is repaid. Excesses are also evident where in previous accounllng
periods Gènèral Funds h8vè b8en used lo cover deficits but the parents later make a paymant for the
trip then the funds are transferred back. Any surplus on the 6th Form Leaver's Ball or Sumrner Fair IS
made available lo the 6th Fom) to spend. othen￿lse, any surplus or deficit is transferred lolfrom the
General Fund.
The Duke of Edinburgh Awards fund is monies raised for the purpose of assisting pupils with the
afoT&menlioned award scheme, any defictt is funded by the Unreslri¢led funds.
14. Unrestricted Fund
During the year, funds have been raised for the gener81 benefit of the school. It is the trustees opinion
that funds raised for general purposes should be kept to a minimum in order lo focus the charity on the
specific needs of the school. The general fvnds are available for unexpectod urgent requirements and
administration of the fund.
15. Control
No one trustee or group of ITuslees has a domlnant control of Ihg charity-
16. Relatad Partlos
Mrs. M. Andgrson IH8admislressl is also a trustee of Spaldlng Hlgh School Par8nts and Staff
Association IPTA). During the year, the PTA did not donate {2025- no donalionsl towards specific
projects.
Page 10

SPALDING HIGH SCHOOL FUND
NOTES TO THE FINANCIAL STATEMENTS l¢ontinued)
FOR THE YEAR ENDED 31 MARCH 2026
17. St•tsmant of Financlal A¢tlvltl•s - Funds Comparatlvo
2025
Restrlcted
Unre$trl¢ted
Fund
Funds
Totsl
Income from
Donations
Charitable aclwlties
Investments
487
98,305
16
241
217,736
708
316,041
16
Total income
98,788
217,977
316,765
Expenditure on
Charitsble a¢liviti8s
75.909
221,362
297.271
Total expondlturn
75,909
221,362
297,271
Losses on investment assets
Transfers botween funds
121
13,383
121
113,3831
Net expenditur•
9,496
9,996
19.492
Page11