SIR HENRY FLOYD GRAMMAR SCHOOL ACADEMIC FUND (Registered Charity Number 1068316)
REPORT AND FINANCIAL STATEMENTS PERIOD ENDED 31 AUGUST 2023
Page 1
SIR HENRY FLOYD GRAMMAR SCHOOL
:
ACADEMIC FUND (Registered Charity Number 1068316)
## TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2023
## REFERENCE AND ADMINISTRATION DETAILS
## Charity's principal address
Sir Henry Floyd Grammar School Oxford Road
Aylesbury
Buckinghamshire HP21 8PE
## Trustees
Mr P Ellis
Mrs G Bull
Ms J Cochrane resigned on 30 April 2023 Mr S Guy appointed on 1 May 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity is constituted as a trust and governed by a trust deed dated 19 December 1997 and managed by the trustees.
## OBJECTIVES AND ACTIVITIES
The principal objective of the charity is to advance the education of pupils by providing and assisting in the provision of facilities for the education of pupils at the Sir Henry Floyd Grammar School, Aylesbury, Buckinghamshire.
## ACHIEVEMENTS AND PERFORMANCE
The charity collected donations from parents of pupils at Sir Henry Floyd Grammar School amounting to £28,519 (2022: £12,155).
## FINANCIAL REVIEW
The charity's policy on reserves is to hold sufficient reserve funds to meet anticipated expenditure to fund projects in furtherance of the principal objective of the charity.
Approved by order of the trusteeson [% fuk,‘ i, and signed on their behalf by:
Gaynor Bull
Trustee
Page 2
SIR HENRY FLOYD GRAMMAR SCHOOL ACADEMIC FUND
,
(Registered Charity Number 1068316)
,
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES ON THE ACCOUNTS
## FOR THE YEAR ENDED 31 AUGUST 2023
We have examined the financial statements of Sir Henry Floyd Grammar School Academic Fund on pages 3 to 5 for the period ended 31 August 2023 which comprise the Statement of Financial Activities, the Balance Sheet and related notes.
## Respective responsibilities of 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 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. Our responsibility is to:
a) examine the accounts under section 145 of the Charities Act b) follow the procedures laid down by the general Directions given by the Charities Commission (under section 145(5)(b} of the Charities Act), and c) to state whether particular matters have come to our attention.
## Basis of independent examiner's statement
Our examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the 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 our examination, no matter has come to our attention 1 which gives us reasonable cause to believe that, in any material respect, the requirements : a) to keep accounting records in accordance with section 130 of the Charities Act; and b} to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
2 to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## Carly Pinkus
35 Ballards Lane London
BKL Chartered Accountants and Tax Advisers
Page 3
.
## SIR HENRY FLOYD GRAMMAR SCHOOL
## ACADEMIC FUND
(Registered Charity Number 1068316)
STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 AUGUST 2023 (All funds are Unrestricted Funds)
|(All funds are Unrestricted Funds)|||
|---|---|---|
||2023|2022|
|INCOMING RESOURCES|£|£|
|Donations from parents|4,623|4,725|
|Gift Aid|850|919|
|Other donations|23,896|6,154|
|due from AcademyAccount|4,000|-|
|Bank interest|173|3|
|TOTAL INCOMING RESOURCES|33,542|11,801|
|Transfer to AcademyAccount|43,000|10,523|
|Bank charges|150|178|
|TOTAL RESOURCES EXPENDED|43,150|10,701|
|NETINCOMING RESOURCES|(9,608)|1,100|
|Funds brought forward|25,553|24,453|
|Fundscarriedforward|15,945|25,553|
Page 4
SIR HENRY FLOYD GRAMMAR SCHOOL ACADEMIC FUND
,
(Registered Charity Number 1068316)
## BALANCE SHEET at 31 AUGUST 2023
(All funds are Unrestricted Funds)
|(All funds are Unrestricted Funds)|||
|---|---|---|
||2023|2022|
||£|£|
|CURRENT ASSETS|||
|Debtors|1,201|4,239|
|Due from Academy|8,000|;|
|Metro bank|853|-|
|Bank|48,891|21,314|
||58,945|25,553|
|CURRENT LIABILITIES|||
|Due toAcademy|43,000|-|
|NETASSETS|15,945|25,553|
|Represented by:|||
|UNRESTRICTEDFUND|15,945|25,533|
The financial statements on pages 3 to 5 were approved by the Trustees, and authorised for issue on 2024 and are signed on their behalf by:
RBa
Gaynor Bull Trustee
PageS
## SIR HENRY FLOYD GRAMMAR SCHOOL ACADEMIC FUND
(Registered Charity Number 1068316)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 (All funds are Unrestricted Funds)
- 1 Basis of accounting These accounts have been prepared on the basis of historic cost in accordance with Accounting and Reporting by Charities - Statement of Recommended Practice (SORP 2005), accounting standards and the Charities Act 2011.
## 2 Incoming Resources
These are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources and the Trustees are virtually certain they will receive the resources.
incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate.
- 3 Expenditure and liabilities Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out the resources.
- 4 Related parties
There were no transactions with any related parties.
SIR HENRY FLOYD GRAMMAR SCHOOL ACADEMIC FUND
(Registered Charity Number 1068316)
## WORKINGS FOR THE YEAR ENDED 31 AUGUST 2023
(All funds are Unrestricted Funds)
## Gift Aid Donations
Gift Aid Donation not received in 2021/22 was 919 Gift Aid Donation not received in 2020/21 was 1,090 Gift Aid Donation not received in 2019/20 was 1,022 Less: w/off 2020 (items older than 5th April 2019) (686) Less: gift aid refund received below (1,994) Debtors at 31 August 2023 1,201
## This Year Workings
25% of £3,401 Actual gift aid to be received 2023 is
**----- Start of picture text -----**
Total Gift aid income for the year
i.e. Dr Debtors 850
Cr income 850
w/off Dr Income 1,208
Cr Debtors 1,208
Being 2018/19 gift aid > 4 years can not be claimed
**----- End of picture text -----**
850 850
Debtors
Gift aid claim is in debtors