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2022-08-31-accounts

ALTRINCHAM GRAMMAR SCHOOL DEVELOPMENTS LIMITED (a company Ilmited by guarantee) REGISTERED OFFICE: 25 Egerton Drlve, Hale, Cheshire, WA15 8EF FINANCIAL STATEMENTS for the year ended 31 August 2022 Reglstered Number for the Reglster of Companle5: 3454310 Also Registered with the Charity Commlssion Number.. 1071870

ALTRINCHAM GRAMMAR SCHOOL DEVELOPMENTS LIMITED la company limited by guarantee) REGISTERED OFFICE.. 25 Egerton Drive, Hale, Cheshire, WA15 8EF ANNUAL REPORT OF THE TRUSTEES for the year ended 31 August 2022 Registered Number for the Reglster of Companles.. 3454310 Charity Commission Number: 1071870 Introdwtlon The Trustees of Altrincham Grammar School Developments Llmited present their Annual Report on the affairs of the Company tO6ether with the Abbreviated A¢rounts for the year ended 31 August 2022. Altrincham Grammar School Oevelopment5 Limited is a registered company limited by guarantee. It Is also registered a5 a Charity. IThe Charity was entered in the Central Re8iSter of Charities with the Charity Commission for England and Wale5 on 7, October 19981. The Trustees as a corporate body are entitled to appoint addltsonal trustees. The accounting period for the Company ends annually on 31 August. Prlnclpal a¢tlvity and status of the Companv The principal address of the Company is do Altrincham Grammar School for Boy5. Marlborough Road, 8owdon. Altrincham, Cheshire, WA14 2RS. The Company was incorporated on the 23 October 1997 Linderthe Companies Act 1985 and 1989 as a private, non-tradinB COTnpany. The Company does not have 8 share capital. Memorandum and Articlesof Association were Presented to rhe Registrar of Companies for England and Wales that state the principal activity as follows.. The Charit¢5 objects are to maintain and support Altrincham Grammar School for Boys and any stsccessDr establishment the objects of which are to advance learning and knowledge by te2¢hing, promoting and svpporting the academic achievemènt5 01 its pupils, providing and supporting a range of extra-curricular activities and preparing Its pupils and students for a fulfllllng and active life within buildings and grc)unds fit for such purposes. AND P?ge2of8

To maintain and support the provision of selective Grammar School education for boys oged between eleven and eighteen in the town of Altrincham and it5 environs. Trustee5 of the Charlty The Annual General Meeting of Trustees and Members was held on 11 May 2022 at which the followlng Trustees of the Company were duly appointed.. Mr R J Russel-Fisher Ire-appointedl Mr G Wright Ire-appointedl Mr T Shennan (Appointedl The membership of the trustees of the Charity at the 8alance Sheet date belng. Mr R J Ru$5el-Fisher (duly elected Chairman of Trtssteesl Mr V W Bennett Mr S I W Perrett Mr R J Green Mr S Sadler Mr G Wright Mr T Shennan (appointed 11 May 20221 Objectives and Review of Out-turn for the Year The Trustees are pleased io report a successful year and to announce a surplu5 of income over expenditure of £93,889. This is however down on prior year as the continuing impact of COVID and the livlng cost increases reduced the donations being received. During the year grants amounting to £21,252 were made to Altrincham Gramrnar School for Boys, leav￿n8 reserves carried forward of E392,384. Income, including tax recovery, amounting to £57,377 was collected in respect of the AG5B School Fund and the PFA Lotto Fund. The Trustees have. at the 8alance Sheet date, committed the company to provide up to an additlonal £148,468 in respect of the following projects being undertaken by the School Sport for All Project Roof Repalys Coleman Hall Refurbishment School Entrance Way Development £ii)o,000 £31.468 ElS.000 £2,000 Targets for the future are to increase membershlp and donations and tts promote and support the objectives as stated in the Memorandum of Association. SS dler Co pany Secretarv 23 May 2023 On behalf of the board of trustee5 P3ge3of8

ALTRINCHAM GRAMMAR SCHOOL DEVELOPMENTS LIMITED STATEMENT OF TRusfEES' FINANCIAL RESPONSIBILITIES For the ye3r ended 31 Au8U5t 2022 The Trustees are responsible for keeping pioper accounting records that disclose with reBsonable accuracy at any lime the financial position of the Company and enable them to ensvre the financial statements comply with the requirements of the Registrar for Companle$ and thè Charity Commission. They are also responsible for safeguarding the assets of the Company 2nd hence for taking reasonable steps for the prevention and detertion of fraud and other irregularities. In preparing the financlal Statements of the Company the Trustees are required to.. 5ele¢t suitable and consistent accounting polities and apply those policies consistently. make judgements and estimates that are reasonable and prudent,. and prepare the financial statements on the going toncern basis unless It is inappropriate to presume that the Company will continue in operation. In particular Trustees are required to". ensure the efficient, economical and effective management of the resources and expenditure of the Company, including funds. capital assets and staff., er7suie that financial consideratlons are taken fully into account in reachin8 decisions and in their execution,. prepare ftnancièl 5t8tements for each financial ye31 which give a true and fair view of the state of affairs of the Company and of the surplus lor deficitl of the Company for thèt year,. prepare those f￿nanCIal statements in accordance with the Financial ReportinE Requirements ol the Registrar of Companies and the Charity Commission in respect of the relevant financial year. Pa8e4of8

ALTRINCHAM GRAMMAR SCHOOL tIEVELOPMENTS LIMITED Statement of Financial Attivities: Year ended 31 August 2022 Year ended 31 August 31 August 2022 2021 Note Income Memberships Donations School Fund PFA Lotto 75,487 2,000 40,6￿) 7.168 26.489 300 226 83,024 44,973 7,518 31,859 24 Tax Recovery Photographs Interest 259 Total Income 152,270 167,657 Expenditure School Fund 49,683 7,387 1,311 55,842 7.518 4,389 PFA Lotto Administrative Services Total Expendlture 58,381 67,749 Excess of Income over ExpendStLEre 93,889 99,908 GuErar%tors' fund5 Balance brought forward Surplus for year ended 31st August Grants to Altrincham Grammar School for 8oy5 319,747 93,889 121.2521 305,613 99.908 185.7741 83lance CIForward to Next Year 392,384 319,747 Page5of8

ALTRINCHAM GRAMMAR SCHOOL OEVELOPMENTS UMITED 8alan¢e Sheet as at 31 Au8llSt 2022 2022 2021 Note Current Assets Sundry Debtors anLI Prepayments Cash and bank balances 40.662 373,525 44.800 295,059 414.187 339,859 Current Liabilities Creditors falling due within one year 21,803 20,112 Ne* Cyrfellt A55ets 392,384 319,747 Funds Géneral Funds lunrestrictedl 392,384 319,747 We confirm that under the issued Certificate of Non-Tradin8. that the Company has not traded for profit since its date of incorporation. We confirm the company is entitled to exemption undef 5477 of the Companles Act 2006 from the requirement to be audited. No notice under 5476 of the Act has been deposited by members in relation to the accounts for the financial ye3r. We acknowledge our rèsponsibility as trustees for: ensuring the company keeps accounting records which comply with Section 386 of the Act,. preparing accounts which give a true and fair view of the state of affairs of the company a5 at the end of the financial year and of its income ènd expenditure for the financial year in accordance with the requirement5 of section 393. and whSch otherwise comply with the requirements of the Act relating to atcounts. so far as applicable to the company. The Trustee5 have taken 3dvantage in the preparation of these financial statements of the special provisions of Part IS of the Companies Act 2006 relating to small companies. The financial statements for the company, reglstereL4 number 3454310. were approved by the board of trustees on 23 May 2023 and 518ned on its behalf by R I RUSSEL-FISHER 23 May 2023 On behalf of the board of trustees G WRIGHT 23 May 2023 On behalf of the board of trustees Pa8eGof8

ALTRINCHAM GRAMMAR SCHOOL DEVELOPMENTS UMITED NOTES TO THE ACCOUNTS for the year ended 31 August 2022 l. Princlpal accounting policie5 Basi5 Of accounting The accounts have been prepared in accordance with applicable accounting standards and the statement of recommended practice on accounting by Charities and in accordance with the historical cost convention. Cash flow statement Tlie company has taken advèntago of the exemption from preparlng a cash flow statement conferred bv Financial Reporting Standard No. l on the grounds that It is entitled to the exemption5 available in section 381 to 382 of the Companies Act 2006 for small tompanies. IncomÉng Resources Incoming resources are credited to the Statement of Financlal Actlvities when received. 2. Debtors 2022 2021 Prepayments and acciued income 40,662 44,801 All amount5 fall due within one year. Adequate provision has been made against all amount5 owin8 which may not be recoverable in full. 3. Credltors 2022 2021 School Fund & PFA Other external creditors 21,304 499 21,803 19.3¢X 812 20,112 4. Grants 2022 2021 school Expansion CIF Bidding Expenses 4G Pitch Science L3bs Decant Project 70,0(KS 3,000 4,784 7,990 21.252 21,252 85,774 Membership Membership of the Company wa5 invited with effect frorn I" September 1998 within the following categories= Corporate Membership Family Membership staff Membership Alumnl Membership Associate Membership (not conferring voting riBhtsl Pa8e7of8

  1. Members Guarantee The liability of the members is limited by guarantee to £10. ?. Trustees 7.1.Tru5tees and Related Staff The Company has had at no time during the year any arrangement, transaction or agreement to provide credit facilities (including loans, quasi-loan5 or credit transactiongl for Trustees or other staff working on behalf of the company nor to guarantee or provide security for such matter5, except as disclosed in the financial statements. 7.2.Ex*ratla Paymènts and Allowances There was no ex-8ratia payment of allowances to Trustees.
  2. Value Added Taxation The Company is not registered for Value Added Tax All amounts in the financi31 statements are shown inclLtslve of Value Added Tax.
  3. Flxed Assets 9.1. Future tapitsl empenditure No capital expenditure had been authorised andlor committed at the accounting date. 9.2. Charges on Assets All assets inclLtded in the flnancial Statements were owned by the Company free ffom any char8e, lien or other encumbrance except as disclosed in the financial statements.
  4. Liabilitles and Provisions Adequate (but not exce55ivel provision has been made for all liabilitles at the accounting date and all material1055es expected to rise from legal actlort and claims etc. There were no contingent liabilities or assets oiher than those disclosed in the financi81 statements.
  5. Post Balance Sheet Event5 There have been no events since the balance sheet date that necessitates revision of the fi8ures included in the financi31 statements or inclusion of a note thereto. Should any material events occur, which may necessitate revlsion of the figures included in the financial statements or inclusion of a note thereto, we shall advise accordingly. 12, Golng Concèrn The Company has adequate resources to tonttnue operating for the foreseeable future. Page8of8

Report of the Independent Examiner to the Trustees of:

Altrincham Grammar School Developments Ltd 25 Egerton Drive Hale Cheshire WA15 8EF

This examination was carried out by: Victoria Hawkins 17 Charolais Crescent Lightwood Stoke on Trent ST3 4TD

This report covers the accounts of the Trust for the year ended 31 August 2022.

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 145(1) of the Charities Act 2011 and that section 144(1) (audit) of the Charities Act 2011 does not apply to the charity. The procedures for an examination do not require that an opinion by given as to whether the accounts present a ‘true and fair view' and the report is limited to my responsibility to:

Basis of Independent Examiner's report

My examination was carried out in accordance with the guidance from the Charity Commission on Charity reporting. The basis of the examination has included:

Independent examiner's statement

There have been no matters identified or have come to my attention as part of the examination

Victoria Hawkins CIMA

15 May 2023