COMPANY REGISTRATION NUMBER 03552663 Charfty Numljer 1Q69996 SUPPORT TIFFIN GIRLS. SCHOOL COMPANY COMPANY UMITED BY GUARANTEE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Moore (South) LLP Chartered Accountants 33 The Clarendon Centre Salisbury Business Pa Dairy Meadow Lane Salfsbury Wiltshir8 SP12TJ
SUPPORT TIFFIN GIRLS SCHOOL COMPANY COMPANY LIMrrED BY GUARANTEE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 CONTENTS PAGE Trustees. Jtllllwl wort Jndepclldellt exajnillels rryrt to the niembe StstemeDt of finatici31 a¢tivAties (illcory)ornting tbe iticonje and exp¢nditw¢ account) Balance gh¢¢t Notes to the fjDwc] stat¢mfflts 9.16
SUPPORT TIFFIN GIRLS. SCHOOL COMPANY COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 Th¢ trusttts. WI aTe a190 directors for the Purpl of con)paDy IAWJ prc8ent their rert alld the unuudit¢d fmancial stRt•nents ofthe clwity f(r the year ended 31 AWgt 2024. REFERENCE AND ADlfINtrnTtVE DKfAIIS R¢gLstered ¢harlty nall Supporl Girls, School Cowy Charlty rexlstratlom nnmber Compally r¢gllstr#tion number 03552663 Reglstered office . Tr riffin School RiclBnond Road Kingston Upon Thatt$ KT2 SPL The ttuste¢s who SVed the charity dwittg thep were foltows." Mr i (Chair) DrD Eps*in M5 A CGill8Td Ms E L Kilbiml Mr A Setrttary Ms M Cubitt {R&%igned 4 Octobtt2024) Independent EX#nDer MO0 (South) LLP 33 The C]arendon Centre Salisbury Biisiness PaTk Dalry Meadow lane Salisbury Wiitstii spi zrJ Solk%to Browne Jacobson LLP 15th Floor 6 B¢vis Marks LL)n&>n EC3A 7BA Bankers Lloyds Bank pk 25 Oresl#ull Str Lomdon EC2V 7HN InYe5tmelltM4nagers ag$to InVestsurt MaDagall¢nt Cjareville House 26-27 Ox¢lldon Streei Lonthn SWJY 4BL
SUPPORT TIFFIN GIRLV SCHOOL COMPANY COMPANY LIMITED BY GUARANTEE TRUSTEES. ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 Covernlng document Support Tifffft Girls, sch1[ Cowpany was incorporated on 24 April 1998 as a cknitable cou?DY (limittd by guarantee). It is tegistered withthe Charity Commission¢r under CEwity No. 106.9996. The chDritab]e CQD4wiy vras establish undera Melnormdum of A550¢i&tion which establisbeé the objects and power5 of the ¥baribI¢ company ftlld is gov¢rned under its ArtiGks ofAssociatioii. In the eVt of the ¢ompany belng Wowkd a each wiired to contrknte att 8n)owit uot exceeding £10. The dirwlDrs agtttd by St[)1 r¢soluti4)0 (1th128 JU 2022 for the Articks of As&oci8tion of the compaay ty bo d¢l¢ted m thcirclttirdy p]ed with n¢w ArticlL¥ of AsyxiatiOL Thc new Artiol of Astsociatlon aye based on th¢ cwr¢ftt model published by tkn¢ Chlty cOnlSsion and the d]artty'8 objects have b¢¢tt sub6equ¢ntty amended and were approved on I Septeth2024. Re¥ivltsBent Appoixtmeat ofilirertors The dlrcctorn of the charitable CLtynpany are also thity for thc pw of ch4rity law. lJndi th¢itquirnents of the Memorattdum &nd Articles of Atatio the niiDimWll Wllber of dir¢dors is five andno more than tsvo shall b¢ cuirent employeea of The G2rk' School (¢Xthiifficio drrectors). The I'r#nainder of the b(Ard shalj be aJmpri5ed of directtts not ¢urrntly employeAI by the scliool (iodcp¢od¢nt dArt0). Ex-c¥ffi¢io dir¢ctorb .thaJl b¢ eligible to remttin a director for As long as tbey remain in the ery)loymeDt of the school. I]¢pEnd itireclors shall 8¢x¢ a maximwll of thr¢e t¢nns of office of thYearS Itk Ye uod¢r Teview. Mr l KeAry (C]2air) Ms li Kilbiwn served ek-officio dire¢tors. Mrs A krn attd Mr A Russdl we¥e both r¢-aMX)int¢d as Directors of the Company for theix second ter ef.fectiTrY ftom l5 November 2024 foT a fith thrtry¢ar te Th¢ directOTS cojnprise two seniur l¢ths of The Tiffin Girls. Scb(M)l (one olwhom is also alunL three pur¥'nts one furthet alumn< providihg the knowl8¢ of Sc1wl.8 wirem¢Dts and loDg- tern] plan8, well as perie clmeIal 8¢umen from industy and the ¢h8rity sectQT, whilst Still being an intfflr&¢d porty. The Chariry eDdeavowy to that new recwits britig additlonal skills or spc£SalisatioyL4 in order to maiiitatn the balance and ¢ffe¢tiveness of the BoariL vanCIeS are advl$ed to ]¢ parent ly)dy alld olunmae and n)teriew8 hre CODducled by existing twst Tr#stee Indytlou and trttiing The tru5teC8 are ¥iv¢D 1ppiDprie trailling ill order to their thAies in litie with the clwity's ObJIlve8. Relevant guidance oil the duties of trust¢es is obtsined frorn the Clwity Cornmi8SiOA website or publicatiThts. Risk maoxgemettt The trst¢es have essesBed the iD[ Tisks to wlnch the ¢lwitabk company is exposed, in parti¢ular those Telatrd to the QF¢rations and fi04U7ce5 of the Cottwanyi and are 5atisfKd tlmi gyslans Jr¢ in place to rrtiiig&t¢ ¢XP05ure to sucb risk. The risk re8iskr is l¢e4 by trte at least aullually. 'Th¢ JJK> recent updatr was de in N0ver 2024.
SUPPORT TIFFIN GIRLS. SCHOOL COMPANY co PANY LIMtrED BY GUARANTEE TRUSTEES. ANNUAL REPORT (eonèh YEAR ENDED 31 AUGUST 2024 Ownlsatlonal structure The ¢h8rfjtabk Wmpally IS nwwged withltt tk school orgafti. The ditEcknJs' th¢ision.m8kinB pIDces5 15 to a Deting givitkg 7 days. notice of tht iti1tled meeting. A dls1OlS made i)ng a majority vote. The ChaTr has the tIng vote. Th¢r¢ are no anploye48 of the charitable company. The FiDanc¢ Office of the School provides a smvi¢¢ to m8iDtain the CoUntIng othcr of the charitable compattys uJLder th¢ sup¢tVi8ion of one of th¢ ditector& Related parties The ehÉkritable company has close links with School and with the Governing BoallL Tt has no conn¢¢tionwith other coD)poni¢s or clwiti¢s. OBJECTIVLS AND ACTIVITIES The charity's objectives Hr¢8¢ded Ind atoroved by llkcharttycomroission on 3 S"eptemb¢r 24]24. To advance the etheatmxk of the students at Girls. S¢Jxl by. a) suppl¢n]enting a$pts of educion inclwling WTiculat and cxtraujtriculat provisAQ actsvitses and and the facilitifs of the school. and b) supporting the stithnts with their wellbein& includin8 the pmvislon of financial 8&4is18nce spccificalty in support of thcir leaiiiing ¢xperiete. In plaI1ng ts activittes for the ¢. Ibe TTUStees have.kept in mind the CIMrity C4)D)rion'S . guida¢ on publi¢ benefit. Aetlvhiey The a¢tlVAty ofihe SupportT5f5n Girw Scl)ool CompaThy (sfGSC) &JTing theyearwa3 thal of ft school Th¢ Governing Board report ofTh¢ Tlffin Gtils. SCR01. covering 2023124 deMiC year. ont]ittes the aciivilies ofthe schDoI thal havebenefittedthe conllnuDi(y in several ar. Thisincludes edutional support for local prirnary h0O18 both by stsff and shMleDts, ond encouTa8ing studcots to demonylrnte concern for otliet5 through comn)Mnlty activities •nd fiuthising fi)r gd ¢auBa. Th¢ sthol's Sports fa¢iliti &e used by I1 secolldary s¢hools aod bj l(y¢al rasid¢nts duTing evenin . weekvnds and iti schoolho]idays. Thsc contiibutes to Ihi8 by providinggr2nts to innxtiveeducational and siiorts faciliti{¥ at the school, incJudiDg thinating a totsl ot £445,OIK) to the Sporls Centre development whiL'h IYa3 OTr1¢d in Septeber 2022. This gtves students a bwdei m8e of ojwthties and 1c¢s, alld eDables the sthool to contribut¢ to the ¢nuDIty. ACHIEVIMENTS AND PFAIFORMANCE The mony J'ai%d by STGSChas been used to SIJ14)ort a wi(k Thnge of a¢fiYities in t1 School inCldIng Musi¢, PE. Drama. Art and DT. As well as other curlctslvin area4 rr. SCIM1 facilities and the welfare of the sttkdents.
SUPPORT TIFFIN GIRL SCHOOL COMPANY COMPANY LIMITED BY GUARANTEE TrUSTEES' ANNUAL REPORT ( YEAR ENDED 31 AUGUST 2024 2023r14 aehlcvemeuts Dwitig the year s"fGSC Jnad¢ 8rallts tots]IAllB £87.410 fijr classr(KHn m&tla15, ale)UnI ext¥tsioJt and otheYetiriehinthta¢tivities and eqli1nrt ofwhi¢h £30,000 %YdS 0cedfOr DT, A¢ PE, Dtan and Mo8ic. Tlris ettobled th. hooi to provide 550/0 ¢lassroom inaletials to support tellching and l¢anung that would hav¢ IE¢n possible WAthin the school's annual gov¢rnment fill}11g. Th¢ cufficulwn exteusithi and equipmt gr4nts hew fllTh. CThloronther4 b¢8titt8 wal balattL in Scien¢4 the ne&J forstydeJts to share Addittonat microphthEs to c¥¢n b&ter we of the AV facitstids in tile main hall by Drama 8Dd Mugi New guilars, a]abling Mu51¢ to extLryid its teBc.hing irf Sontting A ¢ricket bOWtig roachioe aAd odditiODal helmets And gloves Tournament stsndard netball posts al fety padding Vittual rdity l%adsets for Cornputer Studies thllt also Img wcd iti the kaching of other SUbjts Specialist DT ffjUiPLD¢nt forwec55ioll C{lAs aud saodiDg of roatezials Th¢ n¢w tcaching materials needed to support the Dmjor changes irl thc MFL TILe new mai¢riats n¢¢ded for Cerwnic finis1 on pottery. ¢I)pleMentsllg the th was ndod last jrear. In addition, a £72,642 srnnt w&$ made towards the PToiect to refi}ish the Sporrs H811 chDngillg rooms which WAS completed in November 21fi4. The STGSC l]gs coran)ittd £IO.OIKI towatds EthK8tion Supp<tt FuA& wbi¢h 16 promoted parents at the start of the academie yar, to kelp th050 familieg wbo have difficuttftes in payittg for aspe¢ts of scIiLJDI life. Applications aff made by vaMrar¢rE for tbe tn75t¢e8 to approv¢ Again8t 8 s]¢ 8¢t of itcria. During lh¢ year, £1,074 wa$ paid out to enable studwts to pvYcl]Q8¢ i¢xtbook& wirfonn and ts) atkAd scliool trip5. A discretii)nary fund of £l,QtK) of tb¢ E(luc&tioii Suroort Fuud will be sljown as a separnto lintron the a(xoutts and allow th¢ c and Ms Kilbum to sign off dt8cr(ODY ryuosts up lo £50. Tr kytal of fimds raiswl tAX rethnds, io the yeaT was £288J79 (2023 - £269,826). The total eXpditi]r¢ in tbc ycgr amountcd to £166,911 (2023 - £203.012). Thi$ left t¢sc¥v¢s at th¢ ycar ¢nd of £61 7,9113 (2023 - £496515). At the £57163112023 - £383,896) was held through the Tr1ggstolle Inve6tm¢nt bfj8nagem¥ut Pl8tfonll of which £476AKI {2023- 1.105.362) repre¢ash deposits with nlUrity dales three n)ofttkq in a raJ8Y ofUK fula1 institulioiLg.
SUPPORT TIFFIN GIRL8. SCHOOL COMPANY COMPANY LIMrrED BY GUARANTEE TRUSTEES, ANNUAL REPOF¥fio YEAR ENDED 31 AUG(13T2024 Reserves poliLy Th¢ ¢harity's plicy is to aim ID 8 mjninwlovd of ntuieted Teserves 01£250,IYXI Trhlch 15 bas¢d ou sufficieftt to Cover tltrte ye2Tr of 8DnThil enTlcltsneat of £72.000 lo the yth)DL Th¢ level of llrffethled rrJeThes Idd at oty polnt ntsy be above ths levd. tellecti the need to estri¢tEdr¢ryaS pMiryd¢ gtauts ftrmaior ¢opitsl to& 8¢lwol. typically provldln8 PrhidpdtaEdkng Urt¢S Qift AKI Y¢¢ov¢ry forih¢year wa8 £47.028(20L1- £A9J96J. lJivestsnentpollcte¥ and obja Funds eithv hem itl i wilh Lloyds ple or ittvested VA& low li Fkngstone IJY&%thelltMtt¥tk¢tL%OuDl. The I]dOn¢e Flytorteplatfonh.wltre they 4resprnad eover¢d by tbe FSCS lJKerest re¢cfvèd OJ Inv49trttentJ is In the 4ccouTrts at the ttme th¢ itiveslnt roatsty& hyesittllts de£la0 are aPPfo4d by three tr4 h¥0 of wkoMmu9t bc lliéeEKrdcni(LC. nota-officio). The knv¢5lmt1 r¢v1¢W on? regular PIANS FOR vITfuRE PERIODS ]nOctob¢r2024. 88TeUt of£:1754 wasll)adeto belp suwoti the ¢QSi or5lal¢xÈ¥rnllIPE coaobes In th 2024Q5 ¥1Yea. SuchixxchlbWryavl8b]r toallstlld. lo Doxnknr2(r24. of £72,OOOwas llude to thc 0051 ofdA5sroom nkiaL% iu the 21Y24r25 acadetpiG yw. INDEPENDEKf ZXAMINER be¢)nprEpAr¢djnac¢ord8ewtthIhC Accowithgal RepIngbY1ltt Stathent of R¢¢owmoded Practlce appllcabl* to pztprkng their a¥Yowts In Ira1[e with tho In pr¢parin8 this r¢porttht 1rustr bav¢tak¢o advaDtO8e of the smalj axcmptiojks PTovidqi by SectioD415A tsfthc Cwi¢s Ad 2006. This Aatll Rwl approv by th¢ of TruBlees OD 19 2025 is on iheir behlfby. MrI K&8ry Dat¢& 19 2(f25
SUPPORT 77FFIN GWILS, SCHOOL COMPANY COhlPANY LIMrrED BY GUARAKtEE INDEpElErExNER.s REPORT YEAR ENDED 31 AUGUST 2024 llld¢peadi•t ExawlTKr Reportt• the Members olS#pport i]IfiJ Gkls? Stkni Company I repittto the &17ty onmy exami0 of oftsr•yfprthe y¢orded31 A8$t 2024 wkkh •Kei¢l pagts 7 to l& As tkncharity trwtees of th¢ cc•pny (a1819) its forthtt puryw of C&4DP8wlaw) yw ¥¢ Act 21MJ6(1kn 2006 Art?. 8vin% sali6t7¢d mys¢lf that Ihe o£th¢ cowy not rqUid lo bc 8udLtcd Pad 16 of the 2W6 Act and atp elik for iTMl4%tht ¢x4uiinatio4 I report io re8twt of ftAy exaluatiOn Df yow ¢ompatty'$ aoLowts &8 carr&¢d out seCtion 145 of th¢ Charitie5 Art 2011 Cth¢ 201 I Act'}. sttw1445Kb) of th¢ 2011 AeL JAdepeMdefjt ex98 StateeDt Since ¢o£rqMThy'58rwinc(xDe ¢xcded£lfO,IWYcqTex8mimll$tb¢ & mAtherofa bthly li8t iti S2ctim 14S of the 2011 ACL that I am lified to th¢ I of ICAEW, whithis (r orth¢ Usied bLxIi I hav¢ rr4npletrd my examitiatioo. l e4>Afirni tha llo Lllths baw come lo my attli0D i11ll with the rxamiDation glvitsg me M&8e lo bdievtthat iti onym81ial accou1 records wenI¢Pt inw ofTlecompw asrwlred by 386 of tk 26 3. th¢ do not mThply with the aenting of 8eeti(w 3964)f th¢ 2006Ad oib¢r thau Y that the ¥uouots give a 8nd f81rvi wlyi¢l] is not? mfjttor ¢j)NideI 4. th¢acoJLuts havc notbeeopzwazed JD aca>tiknwith then)oth(th ryl princits ofthe St•t¢niellt of Recomlljenaed P£acts¢e for ae¢ountug all(t 1¢p(l by ck8titi¢s applicable to rlwiti 4nd RepubEi6 of hdandlFRS 102). I haveT¥) eon atleDti¢>ll this rryyjrt intyd¢rften8ble a w)PEr erstandiOf th¢ a¢4ovts to be 2025 Robortm2>0lld CA MooTe {South) LIF 33"fhB Ce Sallsbury Wih8hizB spi zrj
SUPPORT IIFFIN GIRLS, SCHOOL COMPANY COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTMTIES (INCORPORATING THE INCOME AND EXPENDITUREACCOUNT) YEAR ENDED 31 AUGUST 2024 Restricted Unrethlet¢d T•tsl Vunds Funds 2024 Tothl Funds 2023 Ir4coMV4G R&8OURCES Donlltions aod legacies Investsnent inco# 7J19 2S728 132 266247 21132 259.541 10285 IXYIAI.INCOMINC RES0[cEs 7A19 2W860 281379 269.826 REsoifRCES EXPENDED Raising CbaTitabteacliviiies (1962) (153.783) (1647) {lJ62) (161,302) {3.647) (J,850) (197,597) (3..565) (7519) TOTAL RFSOURCES EXPE.NDED (7519) (159J92) (16fi,911) (2tJ3,012) NET KXPENDrruRE 121,466 121.466 66,814 NLtT MOVEMENT IN Fuf4DS Tothl funds broll fo¥waul TOTAL FUNDS CARRtED FORWARD 121,466 496,515 121066 49615 66.8l4 429.701 617J83 617983 496,515 The seMent of Firthticial Activities Includes all aaitis and losse5 in the y¢ar. All of the above amthmts relate lo coolinuing activitie& The not on pages 9 to 16 lom part of these fmfine181 slAtem¢nt
SUPPORT TIFFIN GIRLS, SCHOOL COMPANY
COMPANY UMrrED BY GUARANTEE
BALANCE SHEET
31 AUGUST 2024
2023
CURRETrTf ASSKrs
Inv¥stttTrents
DL.btor8
Casb at and in hatsd
476887
3,701
213.11fy5
691193
305.362
3,568
219,733
528,663
. CREDITORS: Aniounts fa]Ing due
witbth one ycar
(75,210}
(32,148)
NET CURRENT ASSETS
617,983
496,515
T(yrAL A&SETS JZ&S CVRRENf LIABltiriES
617,983
4<)65l5
4
SUPPORT TIFFIN GIRLS. SCHOOL COMPANY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 AccoiINfiNG POLICIES Chxritable Cgmpw Staknis The chatitabk ¢ODUXVy IS limited by gu8rn0tee andhab.no share ¢apitaf. Th¢ chhritable conJp*my is i14)[]71¢a in England Wales. The directh of the charitable )MpanY Hre the truste¢s JJarn¢d on page l. In th¢ event of the Charitable b¢iDg wound the liÈbility iArespectr of the 8uaraniee is litnited to w) to £10 member. The addr¢s5 of the prI1p] office is given iti the Refextnce and Athi)inislrative D¢tails given rjn page l 4)f these financial statements. The natuyc 0fthCch1trbIecoMpaThy.$ operalioThs and wincip8lactivitic5 atCCAplaincd in the Tn)ytc¢s' ReposL The clwifabie company constits]S a public benefft entity as detined by FRSJO2. Ba518 of Prep#rofio The fitsaJcial stat¢ments have been prqmTEd ill a(rord8llce with ACnting pnd Repottitsg by Chatities: Stalemetst of ReCO¢d ?tice applicable to charities preparing thei¥ acc4)unts io Lrde with the Ftllanci81 Repotting Standard at4)lic4ble in tbe UK awl Republic of IrdsMI (FRS102). the CharitiC5 Act 2011 Al 1h¢ G)mp8ni¢sA¢t 2006. Tbefjtw30ia] 8t2tements areprepllred on a goiDg¢ixmb&sis undeT thehIStlCal cost eL)nveotion rnoded to in¢lud¢ cutsill It¢ll at fair valu& The finala1 stare¥nents are piypared in si¢rling whi¢bas tbo fiJn¢tional 8t have been romvkd lo Ihe DeaSt tmd. Incouthig Resouree AU incoming resolly are included in Ihc stateme of Finallcial AdiYilt¢s whm tlie charitbble Impany i% Iegally to the inconw and the anDt Call be quarfified wilb rnsollable certainty. Iueome donations gre a¢(U1¢d for wkn they are recctycd. Income from other trading aclivilies is accounted tDr when it is reccivcd. Gitt aid 15 attounEd foronthe thtiOnS re¢eived iti the year. InvestAl inwtne is rlsed iu the period the chlty i5"elllitkd tD TeLeipt.
SUPPORT TIFFIN GIRLS, SCHOOL COMPANY COMPANY LIMrrED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 Accouf4TII¥G POIJCIFS (£4Hthued) Rionr¢&8 Expezjded and Irrt¢overabk VAT All expeDthtLue is for oa an aLXtuab basAs aod is inchtsive of I[yable VA'r. Exp¢nditttr¢ is recogoiwl where thae is a Iwl oi WL%IEuclive obligation to make payments to Ibird parties, it is prob&ble thal the ttleDllt will be rupiired and thc obligatiim can be mewreKI reliably. EXTraIE 18 classified th¢ followingactsvity b¢adi1$. Costs ofTaiSb)g fvnds comprise the wsts iDcvrr¢dby the charitable company iti the collectÉon of voliiD¢ary Co[]bUttonS from th¢ Pallts and the gift aid ¢Jaims. investsw)t mauuger fe¢& atyl costs iThvolvd in fithising activitiey. xpwdittre on charitable actrvitses inL'lude8 th¢ don8tions made to The Tiffjn Girf8' Schwl iii 8c¢ordau¢e with the I'n, objertives. Oth¢r expendiluff ieprdgents those ttfans not falling into my otherheadin& All•cAtknn ol SnM)Ort C4)sts Sllprt costs ate thos¢ fillielions tbat assist the woEtofthecturitabl¢ company. biit do dirrttty uiidcrlakc ¢hritablc a¢tivitics. Tlios¢ erk8ts arc alloeated brtwc¢n fundrnising and cTwitabl¢ activitiu on ba8is perNote 7. Debton Trade and othet delknr8 8re no8nised at the 8ettlernent Bmount du Cash ¥t Bank in Hand C8thatb8Jk and Irtbal IlU¢aSh and shoTttennlkigblyliquid inveslments Tvitb short ElllltEuity of three mrAtt]]s or less from the datc of acquisilioll or owring of the deposit or si1&T accouot. Invtslllktnts The ll1veStmts&re&j1Cash bal bcldwithvaious UK finaDcial mstitsthnswitli original matsrity dat(s of ovcr 3 montb¥. The ycar (2Kiv3luation is the cash bdd at that dat¢. L¥editots aod provisiow reu>gnised whett the charity h88 a presurt ob]igati(m resulting fyoi a past cvcnt thal will probably rwlt AQ the tr(Ufct Df fujtsts to a third party &Dd th¢ affinount duc to settle the obligatioll ean be m¢Bsured or esÉinia*d reliably. Crnlitors and PTQVl5iO are llornlfy re¢ognised at their seifletnent atnount afttt allowing for any trade discowits d. The ChaThy<Aty]w fitttstic1ets fjnancid liEbilities of a kii1dthfttqlify as basic ttnun¢lai subs¢qu¢ntly mwuArd at thEir s¢ttl¢n)ei)t valuq. 10
SUPPORT IIFFIN GIRLS. SCHOOL COMPANY COMPANY LIMrrED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 ACCOUNfiNG POLICIES (eonlillued) Tax&tAo The chHtity is an cxempt ¢hArity within the meaning of sthedule 3 of the Chariii¢s Act 2011 #Dd is considettd to pass the le5ts s¢t out in Paragraph I Schedule 6 Fillall Act 2010 therefore it mB¢ts Ihe (kfiniti1 of a dmritable con4Mny for UKcorporation tax piitpase& Funds as appropriate: Vnrcstn'cted FulldB can be ws¢d in act4xthice wÉth the entttys ¢knitsble ObjeiVeS at the discretion of the Tnislee& Desigrnted funds art unre8trictcd fints set &side by the TrnSte to p]Dvide ¢ducational supportforindividu81 sludents. Restricted Fun& can (Mdy be lor lIeIr pU[pos withia the Iibittts of the Chaiity. Restsiclious arise WI splfied by the d(pnor or when fimds aye raised fur specified reslrict¢d purpos&s. Judgements and Key So#rtt5 of FAtimlion Uneertointy lu the applic4tioll of th¢ iawitabk company's acc(Amting policie& the Tnk%ko8 ay¢ to make judgements. G8tDnates and assun)ptions ithout the carrying amount of assets ]d liabilities that are nol readAly from ith source& Tho cytimates and a3so¢iated 85SWWtio arc based on histOTi¥al ¢xpffleC othff flOts that ar¢ ¢151de to relEvL Actual results m<ly diffa. fi'om diese est1uwl. The &%tiniates 8nd un(ktlying a&8umptions Èye reviewed on an ongoing basis. Revisions lo a¢unting estimates af¥ 0815¢d in th¢ peri whi¢h the estimate is T¢vis¢d wlKre the revisi(m affectsonly thatpgriTrL orin the period ofthe revisioTralldfuturep¢riods wliere Il Tevisioii affects botli current and filtUr¢i0ds. The Tnkn ha C(Mldered the ahW)IPtion5 there att rn areas requiring jJgement or timation in thc accounts. 11
SUPPORT TIFFIN GIRLS. SCHOOL COMPANY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 DONATIOV4S AND LEGACIFS Rtrathd Unrestrletod Totsl Total Funds Fuuds 2024 2023 Put¢ts1 (x>ntributions Other donations Tax ieimbursemellts 7&19 211J80 420 47,02¥ 218,799 <2 47,028 2ffi247 208,095 1,850 49596 259,541 7,519 ]n 2023 £3J97 of the (TrthK donatiqms were restri¢£til. INVMENT If4COMF. Reytrl¢ted UnroJtrl¢ted Tolal Funds TotrInd8 Fund5 Fullds 2024 2023 21132 22,132 10.285 In 2023 JWJAe oftbe banki]$1 W&8Tertricted. FiINDRAISING cOs Re5trIct UHre¥tri¢ll Total Fffjnd8 Total li]d5 Funds Fuuds 2024 2023 Investm¢nt nmnagement f¢&s FNAdraisiyA 81*tOr Support ¢ts (Nijtr 7) 923 923 943 1,039 1,039 857 1962 lJ62 1850 Jo 2013 all fundwng wete borne fr(ffj wJRstri¢tryl fimd5. 12
SUPPORT TIFFIN GIRLS. SCHOOL COMPANY co PANY LIMITED BY GUARANTEE NOTES TO THE FINAACIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 CHARITABLE EXPENDITURE Re%trfcted UMresiTlcted Total Funds Total Fill& 2024 2023 The Tiffin Gir]J' Scbool E1¢h Spotts Hall Audio & IAghtittg Equiplllent SpoTts Hall Changing Roon)s Rowing Machines po Grant .410 87,41Q 929 72,OlJO 3.597 92.000 929 690 66052 72.642 7.838 21,410 752 7J19 153.462 100981 197,597 Acend grant writteoback C17Dts frthnEducational Support Fund to indryidual sithts (753) (753) 1,074 1.074 161J02 7J19 153.783 197,597 In 2Q23 £3Sty7of t wett itstiicted. & OTHER eosTS Restrkted UArestrieted T(rt21 Tomi FuDds Fuud5 2024 2023 IDdq)endenl &TomiiW3 A¢¢owitallt's feeq Under last yEar{lanlion scrviccs) Dlrector itL%tM76nce Filing fee 1,765 935 1.765 935 1,31)0 890 450 912 13 934 13 13 3h47 3,647 3J65 In 2023 alt governance costs UDmthied. 7. SiIPPORT COSTS Futtd ratsÉu8 Charlloble Tot#R 2024 allot8tlox Bank and ctcdit caTd ¢lwg¢s Dittct debil sofiware sIY exlse& 825 146 146 1,1)39 1.039 Jn 2023 all support were finmunrestrict fiwts. 13
SUPPORT TIFHN GIRLS. SCHOOL COMPANY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 & srAFF cosrs AND EMOLUMEIYTS There ThBre no en4Jloy¢es during die year (2023-Non¢). TRUSTEF3 Nc Tru8tee e1ved any or Iv85 rnnumed fw any exper&$ the period (2023 - £Nil). Dritig th¢ year 2 Tnjsttts (2023-2) made donations totalliD8 £1,80012ff23 - £1.800j, 10. INVESTMENTS 2023 C88b deposits with UK fillan¢ial iostslutions 476h87 3(J5J62 11. DEBTORS 2024 2023 EnLome tax teLa)vernble 3.701 3,568 12, CKEDrroRS: AJDouDts faLlkng drye Trithkn one year 2024 2023 Qrnnts Odiei, ¢redik)rs Accru.4 72.642 420 4148 75210 30.1)00 2,148 32,148 14-
SUPPORT TIFFIN GIRLS. SCHOOL COMPANY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL sfATEPAENTS YEAR ENDED 31 AUGUST 2024 13. RESTRiCT£D INCOMEFUNDS BAlance at In¢oJnmg 0goIng BRIce at I Sep 2023 resourtes r¢sreeS 31 Aug 2024 Spoits Hall Equipment Sports Hall Changing Rooms 929 690 (929) (6,590) The tyrts Hall EquTpment fund pn)vided fimding towards the fixed sport installations irj the Sport¥ HalL The Sporls Uail Changing R(JoJlls fund was e5tab]ish¢d to provid¢ part-fiuKliiig towards the f[bI$l)Inrt0f the Sports Hall a]anging Roop]& AnatyÈls of rtstrlct¢d funds for yw ended 31 2023 Ba14llee at Iwomlllg (hitgoillg Bal¢¢ at l è•ep 2022 resources J'eso4r¢es 31 Aug 2023 Fit for tho Fulu 3597 {359D The for the Fulure Fulld was set np sprcificaity to fundreis¢ for equiwt for the new sports Bal4n£e at Ineollthng Outgolllg Tr8#sfer BalanLe at I Sep 2023 31 Aag 2024 General Fund8 49615 280 {158Ji81 {10.000) 609,057 &Jpport Flwd (1.074) 10,QIKI 8,926 Tothl Unre8trirted Fuuth 496,515 (159J9Z) 617,983 Auatysis of vttrestrieted Income fondsfor yegr ended 31 Augfist 2913 BAlgnce 8t I Sep 2022 IDcomlHg OutgoiRg TYaDsfer BAl4nce at 31 Avg2023 Genernl Fun¢ts 429.701 266229 (199.415) 496.515 15
SUPPORT IIFFIN GIRLS. SCHOOL COMPANY COMPANY LIMrrED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR EI4DED 31 AUGUST 2024 15. Af4ALYSIS OF A&Sfl3 BE17YEEN FI]NDS r4et ellrrènt Totsl UJiestrleted Inco0 Fukd¥ 617383 617,983 Anilysltr of net ass¢ts between funds for year ¢uded 31 Avgust 2023 Net current a&sets Tot&1 UJLrwtrt¢ted T2Kome 17und8 496,515 496,51S 16. REIATED PARTYTRAPISACNONS There was no Single controlln8P#rty. other transactions with telAtedpArti&$ were undertaken whicli would rtiwire discI{e. 16