2021-07-31-accounts

STATEMENTOF FINANCIAL ACTIVITIES FOR	STATEMENTOF FINANCIAL ACTIVITIES FOR	STATEMENTOF FINANCIAL ACTIVITIES FOR	STATEMENTOF FINANCIAL ACTIVITIES FOR	THE YEAR ENDED31	THE YEAR ENDED31	JULY2021
					Total	Total
					Foundation	Foundation
					Funds	Funds
		Unrestricted	Restricted	Endowment	Year ended	Year ended
		income funds	income funds	funds	31July2021	31July 2020
		£’000	£’000	£’000	£’000	£’000
Note						(Note 18)
INCOME AND ENDOWMENTS
FROM:
Donationsand legacies	3	399	703	403	1,505	1,784
Investments	4	-	485	-	485	423
Total income and endowments		399	1,188	403	1,990	2,207
EXPENDITUREON:
Raising funds
Raising donations and legacies	2	(246)	~	~	(246)	(243)
Investment managementcosts		~	~	(113)	(113)	(27)
Charitable activities	6	(573)	(1,358)	.	(1,931)	(1,972)
Other expenditure		(9)	~	-	(9)	(12)
Total expenditure		(828)	(1,358)	(113)	(2,299)	(2,254)
Net income/(expenditure) and
net movementin funds before		(429)	(170)	290	(309)	(47)
gains and losses on investments
Net gains/(losses) on . investments		-	19	2,478	2,497	(234)
Net income/(expenditure)	7	(429)	(151)	2,768	2,188	(281)
NET MOVEMENTIN FUNDS
Fund bal brought forward ane Senaliges 21G2Ene er at 1 August		490	1,929	14,748	17,167	17,448
EONS BREANCES CORRED FORWARDAT31July		61	1,778	17,516	19,355	17,167
The notes on pages 17 to 30 form	part	of these financial statements.
The Oundle School Foundation						15
ce

	2021	2020
	£’000	£’000
Gift Aid refund	31	2
Accrued income	50	-
Due from The Corporation of Oundle School	15	5
Total debtors	96	7

10. Creditors: amounts falling due within one year
	2021	2020
	£’000	£’000
Othercreditors	9	9
Dueto The Corporation of Oundle School	4	-
Total creditors falling due within one year	13	9

		Current	Current	2021 Fund
	Investments	Assets	Liabilities	Balance
	£’000	£’000	£’000	£’000
Unrestricted income funds	18	52	(9)	61
Restricted income funds	501	1,281	(4)	1,778
Endowmentfunds	16,952	564	-	17,516
Total	17,471	1,897	(13)	19,355
For comparison,last year’s net assets by fund wereasfollows:
		Current	Current	2020 Fund
	Investments	Assets	Liabilities	Balance
	£’000	£’000	£’000	£’000
Unrestricted income funds	-	499	(9)	490
Restricted income funds	~	1,929	-	1,929
Endowmentfunds	14,405	343	~	14,748
Total	14,405	2,771	(9)	17,167

	Balance		Net gains on	Balance
	1 August		investments	31 July
	2020	Income	£’000	2021
	£’000	£’000		£’000
Bursaries & Scholarships	9,634	397	1,555	11,586
General Endowment	1,472	1	232	1,705
De Angeli	757	-	120	877
James Bursary	666	1	106	773
ThommyPurbrook	636	-	101	737
Manners Wood	580	1	92	673
Frank Spragg	334	1	53	388
Anthony Solomons	179	-	28	207
Dudley Heesom	173	-	28	201
John Matthews	132	-	21	153
Reilly Scholarship	121	-	19	140
Other endowments	64	2	10	76
Total endowmentfunds	14,748	403	2,365	17,516
For comparison, last year’s	endowment fund	movementswereasfollows:
	Balance		Net(losses) on	Balance
	1 August		investments	31 July
	2019	Income	£’000	2020
	£’000	£’000		£’000
Bursaries & Scholarships	9,590	197	(153)	9,634
General Endowment	1,495	-	(23)	1,472
De Angeli	769	:	(12)	757
James Bursary	677	-	(11)	666
ThommyPurbrook	646	-	(10)	636
Manners Wood	589	-	(9)	580
Frank Spragg	338	1	(5)	334
Anthony Solomons	182	-	(3)	179
Dudley Heesom,	176	-	(3)	173
John Matthews	134	-	(2)	132
Reilly Scholarship	123	-	(2)	121
Other endowments	65	-	(1)	64
Total endowmentfunds	14,784	198	(234)	14,748

	1					Grants to	31
	August				Admin	Oundle	July
	2020	Investments	Donations	Designation	Expenses	School	2021
	£’000	£’000	£’000	£’000	£’000	£’000_	_£’000
Unrestricted
income funds
General funds	490	-	399	-	(9)	(819)	61
Total	490	-	399		(9)	(819)	61

Unrestricted	funds are allocated at the discretion of	funds are allocated at the discretion of	funds are allocated at the discretion of	the Trustees.
For comparison,last year’s unrestricted			funds movementwasasfollows:
	1					Grants to	31
	August				Admin	Oundle	July
	2019	Investments	Donations	Designation	Expenses	School	2020
	£’000	£’000	£’000	£’000	£’000	£’000_	£’000
Unrestricted
income funds
General funds	245	-	765	-	(17)	(503)	490
Total	245	-	765		(17)	(503)	490

18. Comparative information from prior	18. Comparative information from prior	18. Comparative information from prior	18. Comparative information from prior	year
							Total
							Foundation
							Funds
			Unrestricted	Restricted			Year ended
			incomefunds	income	funds	Endowmentfunds	31 July 2020
			£’000		£’000	£’000	£’000
		Note
INCOME AND ENDOWMENTS
FROM:
Donationsandlegacies		3	764		822	198	1,784
Investments		4	-		423	-	423
Total income and endowments			764	1,245		198	2,207
EXPENDITURE ON:
Raising funds
Raising donations and legacies		2	(243)		-	-	(243)
Investment managementcosts			{7)		(20)	-	(27)
Charitable activities		6	(260)	(1,712)		.	(1,972)
Other expenditure			(10)		(2)	-	(12)
Total expenditure			(520)	(1,734)		-	(2,254)
Net income/(expenditure) and net
movementin funds before gains			244		(489)	198	(47)
andlosses on investments
Net gains/(losses) on investments			~		-	(234)	(234)
Net income/(expenditure)		7	244		(489)	(36)	(281)
NET MOVEMENTIN FUNDS
Fund bal b ht f ete Baleieee Sedat anwar at 1 August 2019	d		246	2,418		14,784	17,448
FUND BALANCES CARRIED
FORWARDAT31July 2020			ao	aes		aae	aaes
The Oundle School Foundation							30