THE ST ALOY8IU8 COLLEGE PIAYING FIELD CHARrrABLE TRUST REGISTERED CHARrrY NUMBER 1045128 REPORT AND STATEMENT OF ACCOUNTS 31 DECEMBER 2022 THE ST ALOYSIUS COLLEGE PLAYING FIELD CHARITABLE TRUST CONTEKrs PAGE LEGAL AND ADMINISTRATIVE DETAILS REPORT OF THE TRUSTEES INDEPENDENT EXAMINER'S REPORT STATEMEKf OF FINANCIAL ACTIVITY STATEMENT OF ASSETS AND UABILITIES NOTES TO THE ACCOUNTS THE ST ALOYSIUS COLLEGE PLAYING FIELD CHARITABLE TRUST LEGAL AND ADMINISTRATIVE D￿AlLs ADDRESS St Aloysius. CO1￿￿& 30 Hornsey L8ne Hlghgate London N6 SLY TRUSTEES FAAyws M A Gall8gher D O'shea M Sablnl D Spence K Mahoney J Klnsella A Faywn C G￿Me8 REGISTERED NUMBER 1045128 BANKERS Th8 Royal Bank of Scotland PIC London Camden Toym Branch 189-191 Camdon Hlgh Street London NW17BP SOLICITORS Re8ve8Law 44 Gr8at E8Stem Street London EC2A 3EP Page 1 THE ST ALOYSIUS COLLEGE PLAYING FIELD CHARITABLE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDEO 31 DECEIIBER Z022 The Tru8twa8 establkshed in August 1990 under a charitable trust dèèd for the advancement of th8 physical educ8th.on of pupils of StAloysiu$' College I'lhe school"), by prov"Kling and maintainin9 and a5SiStin9 in the provision and malntenanc8 of playing fields forth& us8 ol such pupils. Duri￿ the year, In keeping vthh rts objects. the Trust LYjntinu￿ to maintain the 8th001'8 pbaying fields tu en6ure the availability of olrtdoor sports facilities for the benefit of pupi18 of the sehool who live in the local and wider London communities. Th¢ Trust's main incorne ￿me trom rental and from membershlp sub5CriPtions of the"1CO Club and son* donat￿n3 ￿re 818D recklvod. A5 indicated on tho balance sheet, the Tnjst he￿ Un￿￿trIcted funds of £260,806 at 31 De￿rnber 2022, at ￿lch date they were conside￿d to be st a Suff￿￿nt level to rn88t Ihe needs ol the Trust. The Ttustees, bvho a responsibl8 for th8 reserve6 policy of the Tru81, monrtor and review it at regular intervals and are $8ti5fi8d that the balanco ol restricted funds was adequate forlhe Ttusvs need8. Thè Tru8tee$ VAII continue to maintsin the schoofs p18yin9 fieNJ, funded by èxi8tino reserve8 and revenues from rents, Ihts 100 Club" and donations. The Board of Trustees frs responslble fortho Dvor•ll management and control of Thè St Aloysius College Playing Field Charit&bla Trust Charity and rt meets al least four times a year. The Bo&rd of TTU8te8s is rèsponsible lor implernenting the polid•8 of the charity. All Tru$tee8 give thOlT tSme frealy and no remungr8ty.on or expens￿ ￿re paid in ihe year. The Board ofTruBt885 r8qUIrn8 brgadlh and depth ofexpertenrA to carry out rt8 du￿6 effectlvely and effidentty. Wh$n recruibng new TruBteos, th8 ￿￿portant attribut# 18 8 P88sion lor the WO￿ of the charfty. Th• appointmont o18ny new tnJ$teo8 i# made by malortty vote by th8 existing Iru818e8 in attendance at a duty ¢onvened meeting to considèr the appointment. On appointment, trustees have the tem8 of the trust deed explained to Ihom. Further training of tnJ9tees is Considered 89 Snd nece898ry. The Tru8tees h8v8 referrad to the Charity Commission's g8naral guKlanr* on public ben•fit %then reV1th￿￿9 Ihe Charity's aims and obJ'e¢live8 and In planning rt8 future a￿VItIes. In pa￿"cUlar. the Tru8teg¥ con8kJer how planned acts'vitie8 ￿11 eontn.bute to the 8lm8 and objectlv6s of the Charity. Charity18w roqulres the truste?$ ol the trust to.. al prepare a fecoiPt8 and p8ymerts 8¢xount and a stat8mant of a88ets and liab￿lti98 for each financi81 ye8r bl h Pfeparlng the ffinandal ststement8, the tru#t888 ￿ll.. 3elect $uitabkn a￿OUnts￿9 policies 8nd apply them on e ¢on8iStgnt bayls, make judgements and estlmates that are prudent and masonable, apply the going concem basi5 vnless it is nol appropriate to do so., cl keep proper accounts'ng records are 8uffid•nt to show and explain tho ¢ho1iWs transactions and to dlsclo8e with reaBonable aC￿r8¢Y at any time the financial PDsltion olthe Injsl.. dl safeguard the assets of the charrty. and hènce for taking reasonable Step$ tts prèvènt fraud and other Srregulari¢ie$. FA Ayer8. Trustee For and on behalf of thè Tmstees 18 Septemt*r 2024 P8gt 2 ## THE ST ALOYSIUS COLLEGE **PLAYING** FIELD CHARITABLE TRUST **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES** FOR THE **YEAR ENDED 31 DECEMBER 2022** I report on the accounts of the Trust for the year ended 31 December 2022, which are set out on pages 4 to 6. ## **Respective responsibilities of the Trustees and examiner** The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: - a) examine the accounts under section 145 of the 2011 Act; - b) follow the procedures specified in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and - c) state whether particular matters have come to my attention. ## **Basis of independent examiner's report** My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting accounts presented with those records. It also includes consideration of any unusual items or disclosures in therecords kept by the charity and a comparison of the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention: - 1) which gives me reasonable cause to believe that in any material respect the requirements: - i) to keep accounting records in accordance with section 130 of the 2011 Act; and - ii) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act. have not been met; or which, in our opinion, 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 08/11/2024 Stephen B McAlpine BA (Econ) FCA SBM & Co Chartered Accountants 24 Wandsworth Road London SW82JW Page 3 THE ST ALOYSIUS COLLEGE PLAYING FIELD CHARrrABLE TRUST STATEMENT OF FINANCIAL ACTIVITY YEAR ENDED 31 DECEMBER 2022 Unrestrlctod fund$ 2022 2021 INCOME AND EXPENDITURE INCOMING RESOURCES oon8￿C￿$ 25,080 pitch letting$ 45.292 33.732 Fund raislng events and inAialNe$ 9,860 10.070 c￿trIbUtIOn fmm St Aloysius Colt8g• 4,￿0 Bank Interest 234 10 Grant I￿￿1Ved 2,750 Totsl Income £55,387 £75,643 RESOURCES EXPENDED Contributlon8 to Sl Ajoysius Cdlege Trustee expen 1,378 1432 Plawng fidd consultant 10,000 10,000 UF&eep of playng fields 43,566 27,642 Accountsncy fees Sundry 1,078 516 56,023 42,117 Othor expendilure.. Fund raislng events and inilialives 4,8(X) S.150 Total expeTrJ8d £47,267 NET MOVEMENT IN FUNDS (Defidtvsurplus for the year -5.436 28.378 Balar￿8 at 1 JaThJary 2022 268,242 237.866 BdarKe at 31 December 2022 £260,806 £266.242 Page 4 THE ST ALOYSIUS COLLEGE PLAYING HELD CHAR￿ABLE TRUST STATEMENT OF ASSEfs AND UABILITIES AT 31 DECEMBER 2022 2022 2021 FIXED ASSETS £155,881 £155.881 CURRENT ASSETS Bank current and deFQSit accounts 107,110 112,180 Donations 21KI 200 prtch letttngs 600 800 £107.910 £112,988 CURRENT LIABILITIES Prepad fund raislng Initiatlve moni88 190 Prepaid lettings 1,000 1,000 Fund raislng expenses 1,375 1,025 Accrued expenses 420 420 £2,985 £2,625 NET CURRENT ASs￿s £104,92S £110,361 NET ASSETS £260,806 £286,242 FUNDS Unrestricted 280,806 266,242 £260,808 £266,242 Approved by the Bo8Td of Twstees ¢Jn 18 Septwnbgr 2024 and signed on its behdf by'.- F A Ayers Trustee Page 5 THE ST ALOYSIUS COLLEGE PLAYING FIELD CHARrrABLE TRUST NOTES TO THE Accoupirs AT 31 DECEMBER 2022 l Flxejj 88sets Fr¢6hold18nd at cost at 1 January WKI 310ecembw 2022 £155,881 The land 16 tha St Aloysius, Coll￿8 Playing Fields in Hurst Avenue, London N6 5TX. The land is Val￿ at cost lo the charity it was acquired in 2005. 2 Accounting pollcies The accounts of tho Irust hava bogn prepared ￿Ing the &cn￿8 basi8. The accounts have b8en prepared on a gt)ing c{￿CeM basls gnd in a￿OrdanC8 UK and Ireland'5 Generally Accepted Ac¢ountSng Practice, Financial Reporting Standard 102 {FRS1021 Income is induded in the Statement of Flnancl81 Admty vknen the charrty becomes enlilled to It. and 18 Virtually certoin to recéivè thè income and the amount of the income con be measuréd sufficient reliabillty Expendlture is recognised on 8n accru81$ ba818. Expendllure includes any VAT that cannot be fully racovered and 8uch VAT is report9d 8$ pwt of the expeThJilure lo which relates. Cosh and ca#h equtvalenls comprtse cash ot bank and on haTrJ Short temi credltors are measurèd at the transaction price. Oiher credllors and provisions are recognised vthere the charty has a pr8s8nt obligation resulting from pa61 event that will probably result in the transfer of funds lo a third party and the amount éue to the obligati¢)n can ba measured OTe8llmated reliably. Cfeditors and provi8ions are nomialty Tecogni5ed al thelr Seth￿￿ent 8mtsJnt after all0v￿n9 for any trade ditscounts duè. 3 Related party transactions and trustees, expon88S and Temungralion As has been the case In past yEar8. the trustees all c0ntunl￿ to glve freely Ihelr tlme and expertise any form of remuneration or other benefrt in cash or kind. 4 Infc*matlon on the charity The charSty Is a chari18ble trust g¢)vemed by its tru$l deed. Not b￿ng a company..the charity doesn't have share capital. Page 6