## ## ## |||Pages| |---|---|---| |Trustees'
Annual
Report||2to5| |Independent
Examiner's|Report|6to 6| |Statement
of Financial Activities||7to7| |Balance Sheet||Bto8| |Statement
ofCash flows||14to 14| |Notes tothe Accounts||9to13| |Detailed Statement
of Financial Activities||15to 16| ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Statement ofFinancial Activit
forthe year ended 31March|ies
2023||||| |---|---|---|---|---|---| |||Unrestricted|Restricted||| |||funds|funds|Total funds|Total funds| |||2023|2023|2023|2022| ||Notes|E|E|E|E| |Income and endowments|||||| |from:|||||| |Donations
and legacies||(2)||(2)|| |Charitable
activities||136,652||136,652|75,929| |Other||287||287|| |Total||136,937||136,937|75929| |Expenditure
on:|||||| |Raising funds||5,795||5,795|2,490| |Charitable
activities||72,139||72,139|124,348| |Other||1,940||1,940|1,928| |Total||79,874||79,874|128,766| |Net gains on investments|||||| |Net income/(expenditure)||57,063||57,063|(52,837)| |Transfers between
funds|||||| |Net income/(expenditure)|||||| |before other gains/(losses)||57,063||57,063|(52,837)| |Other gains and losses|||||| |Net movement
in funds||57,063||57,063|(52,837)| |Reconciliation
offunds:|||||| |Total funds brought forward||58,915|60,000|118,915|171,752| |Total funds carried forward||115,978|60,000|175,978|118,915| ## |Thornhill
School Asso
Balance Sheet
at 31March 2023|Thornhill
School Asso
Balance Sheet
at 31March 2023|ciation|||| |---|---|---|---|---|---| |Charity No. 1094597||||2023|2022| |||||6|6| |Current assets|||||| |Debtors|||10||25,000| |Cash at bank and||in hand||177,778|95,715| |||||177,778|120,715| |Creditors: Amount|falling due within one year||11|(1,800)|(1,800)| |Net current assets||||175,978|118,915| |Total assets less current liabilities||||175,978|118,915| |Net assets excluding||pension asset or liability||175,978|118,915| |Total net assets||||175,978|118,915| |The funds ofthe charity|||||| |Restricted funds|||12||| |Restricted income||funds||60,000|60,000| |||||60,000|60,000| |Unrestricted
funds|||12||| |General funds||||115,978|58,915| |||||115,978|58,915| |Reserves|||12||| |Total funds||||175,978|118,915| ## ## ## ## |last year and no chan|last year and no chan|last year and no chan|ges have been made to accounts for previous years.|||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |Fund accounting||||||||||||| |Unrestricted||funds|These are available for use at the discretion ofthe trustees||||in furtherance|||of|the|| ||||general objects ofthe charity.|||||||||| |Designated||funds|These are unrestricted
funds earmarked
by the trustees||for particular|||purposes.||||| |Revaluation||funds|These are unrestricted
funds which include a revaluation|||reserve representing||||||the| ||||restatement
of investment
assets at their market values.|||||||||| |Restricted|funds||These are available for use subject to restrictions
imposed||||by the donor||or|through||| ||||terms ofan appeal.|||||||||| |Income||||||||||||| |Recognition||of|Income is included
in the Statement of Financial Activities||||(SoFA) when|the charity||||| |income|||becomes entitled to, and virtually
certain to receive, the||income and the||||amount of|||| ||||the income can be measured
with sufficient
reliability.|||||||||| |Income with||related|Where income has related expenditure
the income and|related expenditure|||||||is|| |expenditure|||reported gross in the SoFA.|||||||||| |Donations|and||Voluntary
income received
by way ofgrants, donations|and gifts is included||||||in||the| |legacies|||the SoFA when receivable and only when the Charity has|||unconditional||entitlement||||| ||||tothe income.|||||||||| |Tax reclaims||on|Income from tax reclaims
is included
in the SoFAat the|same time as the||||||||| |donations|and gifts||gift/donation
to which it relates.|||||||||| |Donated services|||These are only included
in income (with an equivalent
amount
in expenditure)|||||||||| |and facilities|||where the benefit tothe Charity
is reasonably
quantifiable,||||measurable||and|||| ||||material.|||||||||| |Volunteer|help||The value ofany volunteer
help received
is not included||in||the accounts.|||||| |Investment||income|This is included
in the accounts when receivable.|||||||||| |Gains/(losses)
on|||This includes
any gain or loss resulting
from revaluing
investments
to market||||||||value|| |revaluation||offixed|at the end ofthe year.|||||||||| |assets||||||||||||| |Gains/(losses)
on|||This includes
any gain or loss on the sale of investments.|||||||||| |investment||assets||||||||||| ## |Expenditure|Expenditure|||| |---|---|---|---|---| |Recognition||of|Expenditure
is recognised
on an accruals basis. Expenditure
includes any VAT which|| |expenditure|||cannot be fully recovered,
and is reported
as part ofthe expenditure
to which
it|| ||||relates.|| |Expenditure||on|These comprise the costs associated
with attracting
voluntary|income, fundraising| |raising funds|||trading costs and investment
management
costs.|| |Expenditure||on|These comprise the costs incurred
by the Charity
in the delivery ofits activities and|| |charitable|activities||services
in the furtherance
of its objects, including the making|ofgrants and| ||||governance
costs.|| |Grants paya||ble|All grant expenditure
is accounted for on an actual paid basis|plus an accrual for| ||||grants that have been approved
by the trustees at the end of|the year but not yet| ||||paid.|| |Governance||costs|These include those costs associated
with meeting the constitutional
and statutory|| ||||requirements
ofthe Charity,
including
any audit/independent|examination
fees,| ||||costs linked tothe strategic management
ofthe Charity, together with a share of|| ||||other administration
costs.|| |Other expenditure|||These are support costs not allocated to a particular
activity.|| ## ## ## ## ## ## ## |2|Statement|ofFinancial|Activities - prior year|||| |---|---|---|---|---|---|---| ||||||Unrestricted|| ||||||funds|Total funds| ||||||2022|2022| |Income and endowments|||from:|||| ||Charitable|activities|||75,929|75,929| |Total|||||75,929|75,929| |Expenditure
on:||||||| ||Raising funds||||2,490|2,490| ||Other||||126,276|126.276| |Total|||||128,766|128,766| |Net|income||||(52,837)|(52,837)| |Net|income before other|||||| |gains/(losses)|||||(52,837)|(52,837)| |Other gains and losses:||||||| |Net|movement|in funds|||(52,837)|(52,837)| |Reconciliation||offunds:||||| |Total funds brought forward|||||171,752|171,752| |Total funds carried forward|||||118,915|118,915| |3|Income from donations||and legacies|||| |||||Unrestricted|Total|Total| ||||||2023|2022| ||||||E|| |||||(2)|(2)|| |||||(2)|(2)|| |4|Income from chadtable||activities|||| |||||Unrestricted|Total|Total| ||||||2023|2022| ||Foundation|income||114,865|114,865|60,406| ||PTA Income|||21,787|21,787|15,523| |||||136,652|136,652|75,929| |5|Other income|||||| |||||Unrestricted|Total|Total| ||||||2023|2022| ||Interest|||287|287|| |||||287|287|| ## ## |6|Expenditu|re|on raising|fun|ds||||| |---|---|---|---|---|---|---|---|---|---| ||||||||Unrestricted|Total|Total| |||||||||2023|2022| ||Fundraising||trading costs||||||| ||General||||||2,210|2,210|2,490| ||Reimbursement||||||3,585|3,585|| ||||||||5,795|5,795|2,490| |7|Expenditure||on charitable||activities||||| ||||||||Unrestdcted|Total|Total| |||||||||2023|2022| ||Expenditure||on charitable||||||| ||octivi ties||||||||| ||Foundation||||||57,652|57,652|124,348| ||PTA||||||14,487|14,487|| ||Governance||costs||||||| ||||||||72,139|72,139|124,348| |8|Other expenditure||||||||| ||||||||Unrestricted|Total|Total| |||||||||2023|2022| ||General administrative|||costs|||140|140|128| ||Legal and|professional||costs|||1,800|1,800|1,800| ||||||||1,940|1,940|1,928| |9|Staff costs||||||||| ||No employee||received|emoluments||in excess ofE60,000.|||| |10|Debtors||||||||| ||||||||2023||2022| ||||||||E||E| ||Other debtors||||||||25,000| ||||||||||25,000| |11|Creditors:||||||||| ||amounts|falling due within|||one year||||| ||||||||2023||2022| ||||||||E||E| ||Accruals||||||1,800||1,800| ||||||||1,800||1,800| ## |Not
12|es tothe Accounts
Movement
in funds||||| |---|---|---|---|---|---| ||||Incoming||| ||||resources||At 31| ||||(including|Resources|March| |||At 1April|other
gains/losses|expended|2023| |||2022|)||| ||Restdcted funds:||||| ||Restdicted income funds:||||| |||60,000|||60,000| ||Total|60,000|||60,000| ||Unrestricted
funds:||||| ||General funds|58,915|136,937|(79,874)|115,978| ||Total funds|118,915|136,937|(79,874)|175,978| |13|Analysis ofnet assets between funds||||| ||||Unrestricted|Restricted|| ||||||Total| ||||funds|funds|| ||||f|f|| ||Net current assets||115,978|60,000|175,978| ||||115,978|60,000|175,978| |14|Reconciliation ofnet debt||||| ||||||At 31| ||||At 1April||March| ||||2022|Cash flows|2023| ||||f|f|f| ||Cash and cash equivalents||95,715|82,063|177,778| ||||95,715|82,063|177,778| ||Net debt||95,715|82,063|177,778| ## ||||2023|2022| |---|---|---|---|---| ||||6|| |Cash flows from operating|activities|||| |Net income/(expenditure)|per Statement|ofFinancial Activities|57,063|(52,837)| |Adjustments
for:||||| |Dividends,
interest and|rents from investments||(287)|| |Decrease in trade and other receivables|||25,000|| |Increase
in trade and other payables||||1,400| |Net cash provided
by/(used|in) operating|activities|81,776|(51,437)| |Cash flows from investing|activities|||| |Dividends,
interest and|rents from investments||287|| |Net cash from investing
activities|||287|| |Net cash from financing activities||||| |Net increase/(decrease)
in|cash and cash equivalents||82,063|(51,437)| |Cash and cash equivalents|atthe beginning|ofthe year|95,715|50| |Cash and cash equivalents|at the end ofthe year||177,778|(51,387)| |Components
ofcash and cash equivalents||||| |Cash and bank balances|||177,778|95,715| ||||177,778|95,715| ## |||||Unrestricte|||| |---|---|---|---|---|---|---|---| |||||d funds||Total funds|Total funds| |||||2023|2023|2023|2022| |||||f|f|f|f| |Income and endowments|||from:||||| |Donations
and legacies|||||||| |||||(2)||(2)|| |||||(2)||(2)|| |Charitable
activities|||||||| |Foundation
income||||114,865||114,865|60,406| |PTA Income||||21,787||21,787|15,523| |||||136,652||136,652|75,929| |Other|||||||| |Interest||||287||287|| |||||287||287|| |Total income and endowments||||136,937||136,937|75,929| |Expenditure
on:|||||||| |Costs ofother trading activities|||||||| |General||||2,210||2,210|2,490| |Reimbursement||||3,585||3,585|| |||||5,795||5,795|2,490| |Total ofexpenditure
funds|on||raising|5,795||5,795|2,490| |Charitable
activities|||||||| |Foundation||||57,652||57,652|124,348| |PTA||||14,487||14,487|| |||||72,139||72,139|124,348| |Total ofexpenditure
activities|on||charitable|72,139||72,139|124,348| |General administrative|||costs,||||| |including
depreciation||and|||||| |amortisation|||||||| |General insurances||||140||140|128| |||||140||140|128| |Legal and professional||costs|||||| |Accountancy
and bookkeeping||||1,800||1,800|1,800| |||||1,800||1,800|1,800| |Total ofexpenditure|of|other costs||1,940||1,940|1,928| |Total expenditure||||79,874||79,874|128,766| |Net gains on investments|||||||| |Net income/(expenditure)||||57,063||57,063|(52,837)| ## |Net income/(expenditure)
other gains/(losses)|before|57,063||57,063|(52,837)| |---|---|---|---|---|---| |Other Gains|||||| |Net movement
in funds||57,063||57,063|(52,837)| |Reconciliation
offunds:|||||| |Total funds brought forward||58,915|60,000|118,915|171,752| |Total funds carried forward||115,978|60,000|175,978|118,915|