Charity number: 1062423
CHESHAM GRAMMAR SCHOOL FUND
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

CHESHAM GRAMMAR SCHOOL FUND
REFERENCE AND ADMINISTRATIVE DEfAILS OF THE COMPANY, ITS TRUSTEES AND
ADVISERS
FOR THE YEAR ENDED 31 AUGUST 2024
Trustees
Ms Annmarie McNaneyi Headteacher
Mrs Martha Ware
Mr Tim Patteson
Charlty re8lstered
number
1062423
Prfnclpal offlce
Chesham Grammar School
White Hill
Chesham
Bucks
HP5 IBA
Bankers
Lloyds Bank PLC
79 High Street
Chesham
Buckinghamshire
HPS IDE
Page I

CHESHAM GRAMMAR SCHOOL FUND
CONTENT5
Page
Reference and admlnistrative detalls of the company, its Trustees and advisers
Tru5tees' report
Independent examiner's report
Statement of financial activitie5
Balance sheet
Notes to the financial statements
8toll

CHESHAM GRAMMAR SCHOOL FUND
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
The Trustees present their annual report together with the financial statements of Chesham
Grammar School Fund (the charity) for the year ended 31 August 2024. The trustees confirm that the
annual report and financial statements of the charity comply with the current statutory requirements,
the requirements of the charity's governing document and the provisions of the Statement of
Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021 effective l January 2015 and Charities Act 2011.
l. Objertlves and actlvltles
The principal object of the charity is to advance the education of students at Chesham Grammar
School, assistin8 in the provision of facilities and fundin8 the enhancement of any school activity so
that our students are exceptionally well prepared for life.
In setting objecttves and planning for activities, the Trustees have given due consideration to general
guidance published by the Charity Commission relating to public benefit, including the 8uidance
'Public benef it: running a charity IP821'.
11. Flnanclal Review
a. Investment policy ond performonce
The endowment funds have been invested In bank deposits and building society accounts and interest
earned on the balances is monitored by the trustees.
b. Going concern
After making appropriate enquiries. the Trustees have a reasonable expectation that the charity has
adequate resources to continue in operational existence for the foreseeable future. For this reason,
they continue to adopt the going concern basis in preparin8 the financial statements. Further details
regarding the adoption of the going concern basis can be found in the accounting policies.
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c. Reserves policy
Reserves are maintained in order to mitigate the risk of a poor response to annual requests for
parental donations and to allow for the costs of the forward planning of capital infrastructure
projects. The fund's policy is to hold minimum unrestricted reserves of no less than £5,000. The
trustees recognise the need to continue raisin8 funds for general use in the future.
d. Finoncial risk monogement objectives ond policies
The trustees have conducted a review of the risks to which the Fund is exposed. The Fund can provide
the service required if all school trips achieve self funding and all extra curricular support is covered
by parent donations. The risk therefore is delays in payment of parent trip fees andlor over
commitment of extra curricular activities. Systems and procedures have been established to mitigate
these risks.
iii. Strurturel governance and management
Constitution
Chesham Grammar School Fund is a registered charity, number 1062423, and is constituted under a
Trust deed dated 12 November 1996.
b. Methods of oppointment of Trustee5
The management of the company Is the responsibility of the Trustees who are elected and co-opted
under the terms of the Trust deed.
c. Organisationol structure and decision-moking policies
The organisational structure of the Fund follows that of Chesham Grammar School. Decisions are
made by the trustees at their meetings held twice a year and by the Headteacher on a day-to-day
basis.
The trustees delegate the day-to-day management of the Fund to the Chesham Grammar School
finance team.
Iv. Plans for future
The Fund plans to continue meeting the objectives stated in the Charity Declaration.
a. Routine Functions
The Fund presently continues to adminlster the income and expenditure which facilitate the best
possible educational environment for CGS students includin8 the improvement of school facilities,
development of resources, equestrian club,and other extracurricular activities. Ourlng 2024 funds are
contributing to a capital project which will see the completion of a new multi-use artificial pitch in the
late autumn. This new facility will significantly enhance the provision of PE and sport for CGS
students, as well as supporting health and wellbeing through the improvement in the school's
outdoor play space.
b. Income
The main source of income continues to be parent contributions and grants.
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c. Expenditure
The Fund has been used primarily to financially support upgraded school resources and facilities, as
well as to support events that benefit students.
Statement of Trustees, responsibilities
The Trustees are responsible for preparing the Trustees, report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial
statements for each financial year which give a true and fair view of the state of affairs of the
company and of its incoming resources and application of resources, including its income and
expenditure, for that period. In preparing these financial statements, the Trustees are required to..
lil select suitable accountin8 policies and then apply them consistentlv
lill observe the methods and principles of the Charities SORP (FR5 102)
{liil make jud8ments and accounting estimates that are reasonable and prudent
{Iv} state whether applicable UK Accounting Standards {FRS 1021 have been followed, subject to any
material departures disclosed and explained in the financial stalements
Iv) prepare the f inancial statements on the going concern basis unless it is Inapproprlate to presume
that the company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the company's transactions and disclose with reasonable accuracy at any time the financial
position of the company and enable them to ensure that the financial statements comply with the
Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the
Trust deed. They are also responsible for safeguarding the assets of the company and hence for takin8
reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees on 10th March 2024 and signed on their
behalf by..
15_3_1J-
A McNanev
Trustee
T Patteson
Trustee
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Inde
endent Examiners Re
ort on the Accounts of
Chesham Grammar School Fund
For the
ear ended 31$1 Au
ust 2024
Independent examiner's report to the trustees of Chesham Grammar School
Fund
I report to the trustees on my examination of the accounts of the Chesham Grammar
School Fund for the year ended 31 August 2024.
Responslbilities and basis of report
As the charity trustees of the Trust. you are responsible for the preparation of the
accounts in accordan￿ with the requirements of the Charities Act 2011 ('the Act,).
I report in respect of my examination of the Trust's accounts carried out under section
145 of the 2011 Act and in carrying out my examination I have followed all the
applicable Directions given by the Charity Commission under section 145(5)(b) of the
Act.
Independent examiner's statement
I have completed my examination. I confinn that no material matters have come to my
attention in connection with the examination giving me cause to believe that in any
material respect:
1) accounting records were not kepl in respect of the Trust as required by section 130
of the Act. or
2. the accounts do not accord with those records.
I have no concems and have come across no other matters in connection wrth the
examination to which attention should be drawn in this report in order to enable a
proper understanding of the accounts to be reached.
Mrs J M A Sorensen, MIAB
The Accounting & Bookkeeping Bureau
30 School Close
Holmer Green
High Wycombe
Bucks
HP15 6SR

CHESHAM GRAMMAR SCHOOL FUND
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024
Restricted
funds 2024
Unrestrlcted
funds 2024
Total
funds 2024
Total
funds 2023
Note
Income from:
Charitable activities
Interest
Total Income
245,655
69,489
6,891
76,380
315.143
6,891
322,034
381.833
2,240
384,073
245,655
Expendlture on:
Charitable activltles
Total Expendlture
63,944
63,944
38.113
38,113
102,058
102,058
319,897
319,897
Net movement In funds
181,710
38,266
219,976
64,176
Reconclllatlon of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward
219,511
181,710
401.221
291,729
38,266
329,995
511,240
219,976
731,216
447,064
64,176
511,240
The Statement of financial activities includes all gains and losses recognised in the period.
The notes on pages 9 to 11 form part of these financial statements
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CHESHAM GRAMMAR SCHOOL FUND
BALANCE SHEEfAS AT 31 AUGUST 2024
2024
2023
Notes
Current Assets..
Debtors
Cash and Bank
731.216
511.240
Creditors
Net Current Assets
731,216
511,240
Total assets less current Ilabllltles
731,216
511,240
Net assets excludln8 pension asset
731,216
Sll,240
Total net assets
731,216
511,240
Charlty funds
Restricted funds
Unrestricted funds
12
12
401,221
329,995
219,511
291,729
Total Funds
731,216
511,240
The financial statements were approved and authorised for isssue by the Trustees on
10 March 2025 and signed on their behalf by:
ILtr 1.25
A McNanev
Trustee
T Patteson
Trustee
The notes on pages 8 to 12 form part of these financial statements
Page 7

CHESHAM GRAMMAR SCHOOL FUND
NOTES TOTHE FINANCIAL sfATEMENTS FOR THE YEAR 31 AUGUST 2024
l. General Informatlon
Chesham Grammar School Fund is a charitable trust registered in England and Wales (Charity Registration Number
1062423), the registered office address is Chesham Grarnmar School, White Hill, Chesham. HP5 IBA.
The description of the charity's operations and its principal activities are as stated in the trustees report.
2. Accountlng policles
2.18as15 oApreporotlon offlnanclal stotements
The financial statements have been prepared In accordance with the Charities SORP {FRS 1021 Accounting and Reportlng
by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20151, the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair, view and have departed from the Charities (Accounts
and Reports) Regulations 2008 only to the extent required to provide a 'true and fair, view. This departure has involved
following the Charitie5 SORP IFRS 1021 published on 16 July 2014 rather than the Accountin8 and Reporting by Charities:
Statement of Recommended Practice effective from l April 2005 which has since been withdrawn.
Chesham Grammar School Fund meets the definition of a public benefit entity under FRS 102. Assets and liabilities are
initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
2.2 Income
All income is recognised once the charity has entltlement to the income, it is probable that the income will be received
and the amount of incorne receivable can be measured reliably.
2.3 Expendlture
Expenditure is reco8nised once there is a le8al or constructive obli8ation to transfer economic beneflt to a third party, it is
probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be
measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs
and shared costs, including support costs involved in undertakin8 each activity. Direct costs attributable to a single activity
are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are
not attributable to a single activity are apportioned between those activities on a basis consistent with the use of
resources.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity.
Governance costs are those incurred in connection with administration of the charity and compliance with constitutional
and statutory requirements.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the charity's objectives,
as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
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2.4 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company;
this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
2.5 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are
valued at the amount prepaid net of any trade discounts due.
2.6 Cash at bank ond in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or
less from the date of acquisition or opening of the deposit or similar account.
2.7 Uabllities and provlslons
Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable
that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated
reliably.
Liabilities are recognlsed at the amount that the company anticipates it wlll pay to settle the debt or the arnount it has
received as advanced payments for the goods or services it must provide.
2.8 Fund accountlng
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the
general objectives of the company and which have not been designated for other purposes.
Restricted fund5 are funds which are to be used in accordance with specific restrictions imposed by donors or which have
been raised by the company for particular purposes. The costs of raisin8 and administerin8 such funds are charged against
the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
School Trips, Events, Activities, Music has moved to Unrestricted Funds as all trip income is now accounted
for in Chesham Grammar Accounts so no need for this to be restricted.
3. Income from Charitable Actlvltles
Restrlcted
funds 2024
Unrestrlcted
funds 2024
Total funds Totolfunds
2024
2023
Income from charitable activites
School trips, events and activities
245,655
69,489
315,143
384,073
4. Investment Income
Tott71funds
2023
Interest
6,891
6891
2235
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5. Analysis of expenditure by artlvities
A¢tlvitles
undertaken Support Costs
dlrectly 2024
2024
Totsl funds Totolfunds
2024
2023
School Activites
Staff Contributions
Expenditure from donations
Equestrian Club
49,356
464
37,001
14,437
101,258
800
50,156
464
37,001
14.437
102,058
113,195
3,654
188,420
14.628
319,897
800
6. Independent examiner's remuneratlon
2024
2023
Fees payable to the charity's independent examiner for the
independent examination of the company's annual accounts
800
800
7. Trustee's remuneratlon and expenses
During the year no trustees received any remuneration or other benefits.12020 £NILI
During year ended 30th June 2021 no Trustee expenses have been incurred. {2020 £NIL}
8. Debtors
2024
2023
Due wlthln one year
Other debtors
Prepayments and accrued income
9. Credltors: Amount falllng due wlthln one year
2024
2023
Accruals and deferred Income
10. Flnanclal Instruments
2024
2023
Financial Assets:
Cash
731,216
511,240
Financial Liabilities:
Accruals
Page 10

12. Statement of Funds
Statement of Funds- current Year
Balance at I
September
2023
Balance at
31 August
2024
Income
Expenditure
Unrestrlcted Funds
School Development Fund Activities
Staff Activities
Parental Donations
School Trlps, Events, Activities, Music
274,780
-6,855
-7,141
30,944
291,729
76,380
37,001
1,112
314,159
-7,967
-7,141
30,944
329,995
76,380
38,113
Restrlcted Funds:
Prize Fund
6,751
6,751
Equestrian Club
14,201
14, 104
14,437
13,867
Staff Contributions
-169
2,459
464
1,826
Charitable Donations
2,641
11,986
11,986
2,641
Pitch to Play On
196,088
217,106
37,058
376,135
219,511
245,655
63,945
401,221
511,240
322,034
102,058
731,216
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CHESHAM GRAMMAR SCHOOL FUND
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
Independent examiner's report to the Trustees of Chesham Grammar School Fund
I report to the trustees on my examination of the accounts of the Chesham Grammar School Fund for
the year ended 31 August 2024.
Responslbilltle5 and basis of report
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011 I'the 2011 Act,).
I report in respect of my examination of the company's accounts carried out under section 145 of the
201 1 Act and in carrying Out my examination I have followed all the applicable Directions given by
the Charity Commission under section 145{5}{bl of the Act.
Independent examlner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection
with the examination givin8 me cause to believe that in any material respect:
l. accounting records were not kept in respect of the company as required by section 130 of the Act.
or
2. the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
31st January 2024
Mrs J M A Sorensen, MIAB
The Accounting & Bookkeeping Bureau
30 School Close
Holmer Green
High Wycombe
Bucks
HP15 65R
Page 5