| Legal and Administrative | Information | Information | |
|---|---|---|---|
| Report ofthe Trustees | 2to 4 | ||
| Statement ofFinancial Activities | |||
| Summary ofIncome k | Expenditure | Account | |
| Balance Sheet | |||
| Cash Flow Statement | |||
| Notes to the Financial Statements |
9to10 | ||
| Independent Examiner's |
Report |
| Constitution: | BUNGAY GRAM~ | BUNGAY GRAM~ | SCHOOL FOUNDATION | SCHOOL FOUNDATION | ||
|---|---|---|---|---|---|---|
| Registered Address: | Bungay High School | |||||
| Queens Road | ||||||
| Bungay | ||||||
| Suffolk | ||||||
| NR35 1RW | ||||||
| Trustees: | Mr. A. Goduti —Resigned | 31.08.21 | ||||
| Mrs. C.Oswick —Appointed | 01.09.22 | |||||
| Mrs. S.Mackenzie | ||||||
| Mr, R.C.B.Allen | ||||||
| Mrs. C. Seppings | ||||||
| Mr. R.V.Brand | ||||||
| Rev. W. Jenner —Resigned | 03.03.22 | |||||
| Mrs. C.Johnson | ||||||
| Mrs. A. Todd | ||||||
| Mrs. C. Douglas —appointed | 28.04.21 | |||||
| Mrs. N. van Dijk —appointed 03.03.22 | ||||||
| Secretary: | Mr. A.Goduti —Resigned | 31.08.21 | ||||
| Mrs. C.Oswick —Appointed | 01.09.22 | |||||
| Bankers: | Natwest Bank PLC | |||||
| 53 London Road North | ||||||
| Lowestoft | ||||||
| Suffolk | ||||||
| NR32 1BJ | ||||||
| Independent | Examiners: | Newman k, Co |
||||
| 7 Hungate | ||||||
| Beccles | ||||||
| Suffolk | ||||||
| NR34 9TT | ||||||
| Principal Objects: | The principal object of |
the Charity isto promote the education ofchildren | and | |||
| young people between | the | ages of11and 18years who attend Bungay High | ||||
| School at any time. |
| High School | Endowment | Total | Total | ||
|---|---|---|---|---|---|
| Fund | Fund | 2022 | 2021 | ||
| Notes | |||||
| Income 4 Expenditure | |||||
| Incoming Resources | |||||
| Investment Income |
25,074 | 25,074 | 10,303 | ||
| 25,074 | 25,074 | 10,303 | |||
| RESOURCES KXPKNBKB | |||||
| Cost ofgenerating funds: |
|||||
| Direct Charitable Expenditure |
13,046 | 13,046 | 8,550 | ||
| Management and Administration |
|||||
| Costs | 342 | 342 | 342 | ||
| 13,388 | 13,388 | 8,892 | |||
| Net Movement in Funds |
|||||
| for the Year | 11,686 | 11,686 | 1,411 | ||
| Net Movement in Cash Funds |
11,686 | 11,686 | 1,411 | ||
| Increase in Value ofInvestment | 14,366 | 14,366 | 57,127 | ||
| Reconciliation offunds: |
|||||
| Total Funds brought forward |
|||||
| at 1 April 2021 | 89,782 | 295,646 | 385,428 | 326,890 | |
| Total Funds carried forward | |||||
| At 31March 2022 | 115,834 | 295,646 | 411,480 | 385,428 |
| Gross income of | continuing | operations | operations | 25,074 | 10,303 |
|---|---|---|---|---|---|
| Total expenditure | ofcontinuing | operations | 13,388 | 8,892 | |
| Net Surplus for | the Year | f,11,686 | K1,411 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | |||||||
| INVESTMENTS | |||||||
| C.C.L.A Investment | Fund | 361,388 | 347,022 | ||||
| CURRENT ASSETS | |||||||
| Bank Accounts | 18,215 | 6,530 | |||||
| Deposit Accounts | 32,057 | 32,056 | |||||
| 50,272 | 38,586 | ||||||
| CURRENT LIABILITIES | |||||||
| Amounts falling due |
within | ||||||
| one year | 180 | 180 | |||||
| 50,092 | 38,406 | ||||||
| NET ASSETS | f411,480 | f. | 385,428 | ||||
| REPRESENTED BY: | |||||||
| CAPITAL FUNDS | |||||||
| Endowments | 295,646 | 295,646 | |||||
| ACCUMULATED | FUNDS | ||||||
| -UNRESTRICTED | |||||||
| Bungay High School | Fund | 115,834 | 89,782 | ||||
| f411,480 | K | 385,428 |
| SOURCE OF FUNBS | SOURCE OF FUNBS | |
|---|---|---|
| Net Income | for the year | 11,686 |
| Total funds Retained | f11,686 | |
| 611,686 | ||
| MOVEMENT IN FUNBS | ||
| Movement | in creditors | |
| Movement | in liquid funds: | |
| Increase in | bank balances | 11,686 |
| f.l1,686 |
| INVKSTMKNT IN | COME | ||
|---|---|---|---|
| 2021 | |||
| Virgin Bond Interest | 40 | 147 | |
| C.C.L.A Investment | Fund | 10,034 | 10,155 |
| NatWest | 1 | ||
| Sale ofCOIF Units | 15,000 | ||
| 625,074 | K10,303 |
| COSTS | OF | CHARITABI KACTIVITIES | 'Direct Costs' | |
|---|---|---|---|---|
| Bungay | High | School —Prize Day Awards | 50 | 50 |
| Bungay | High | School —Air Con | 12,996 | |
| Bungay | High | School —Library | 4,500 | |
| Bungay | High | School —Study Area | 4,000 | |
| 613,046 | KS,550 |
| Administration | 150 | 150 | |
|---|---|---|---|
| Accountants | Remuneration | 192 | 192 |
| f342 | f342 |
| 2022 | ||
|---|---|---|
| CCLA Charity Investment Fund Units |
||
| 18,587.52 units at valuation— | ||
| 31.03.2022 | 361,388 | |
| 19,395.90 units at valuation— | ||
| 31.03.2021 | 347,022 | |
| ENDOWMENTS | ||
| Bungay High School | 295,646 | 295,646 |
| K295,646 | 6295,646 |