TWGGS FUND
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31ST AUGUST 2024
Charity Number: 1102545

Contents:
Pa
Legal and administrative information.........
ReportoftheTrustees................................
Report of the independent examiner .
Statement of Financial Activities... ...........

LEGAL AND ADMINISTRATIVE INFORMATION
Trustees:
Trustees serving during the
period were.'_
Mrs. Julie Robinson (Chair)
Mr Danny Neely
Mrs. Helen Lindsey Ralph
Mrs. Rosemary Elizabeth Serpis
(resigned 111101241
Mrs J Turyagyenda (appointed 111101241
Administrator to the Trustees:
Mrs Della Oatley
Treasurer:
Mrs. Helen Ralph
Registered Address:
Southfield Road
Tunbridge Wells
Kent. fN4 9UJ.
Bankers:
National Westrninster Bank plc
Tunbridge Wells Branch
89, Mount Pleasant Road
Tunbridge Wells
Kent. TN11QJ.
Independent Accounts, Examiner:
BSR Bespoke
Linden House
Linden Close
Tunbridge Wells
Kent TN4 8HH
Governing Documents:
The Charity is regulated by a
Charity Commissioners, Scheme
dated 26 January 2004 and by
the Charity Act of 2011
and any subsequent Acts.
Page 1

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024.
The Trustees have pleasure in presenting their report for the period ended 31st August
2024. The Report is prepared in accordance with the Trust Deed and the
recommendations of the 'Statement of Recommended Practice - Accounting and
Reporting by Charities, and complies with applicable law.
Governlng Document
The Charity was established in January 2004 and is governed by the Charities Act 2011.
The management of the Trust is the responsibility of the Trustees who are appointed
under the terms of the Trust Deed.
Objects
The object of the Charity is to advance the education of Tunbridge Wells Girls, Grammar
School pupils. The Trustees have complied with the duty in the Charities Act 2011 to have
due regard to public benefit guidance published by the Commission.
Review of Activities
The inaugural meeting of the Charity took place on 26 January 2004. The Charity was
established to support the education at Tunbridge Wells Girls, Grammar School.
The Charity enables the recovery of tax at the standard rate from donors.
The Sports Centre Campaign commenced in 2018119 and is a restricted fund. Donations
of £12,760 (excluding tax) have been raised this year. The balance on this campaign at
31 August 2024 is £11,023. With the Trustees Approval, £25,342 was transferred from
the Sports Hall alc to the School.
Total restricted funds balances were £11,023 at 31 sl August 2024.
Unrestricted funds totalled £123,308 at 31 August 2024. During the year, £59,939 was
received in donations, which were used to support grants to the School Voluntary Fund.
Appointment of Trustees
Judith Turyagyenda was invited to become a Trustee based on the skills required by the
charity. This was approved by Trustees at a virtual meeting held on 11 October 2024
Page 2

Re8erves Policy Ststement
The reserves held by the Charity enable us to support our main objective of
advancing the education of the students at TWGGS.
Unrestricted Reserves.. £123,308
Reserves enable us to support our charitable objectives in a consistent way. The spending
pressures on schools are not always predictable and the reserves of the Charity enable
the Trustees to support the School when required.
Grant Making Statement
The Charity invites applications for the funding of activities that support the advancement
of the education of students at TWGGS.
The types of activities include extra-curricular costs incurred in PE, Music, Drama and
Debating and other activities approved by the Trustees. It also covers the running costs
and repairs for the school minibuses, subscriptions to various associations and school
prizes and awards.
The Charity in particular invites applications from the Southfield Fund, which contributes
towards the trip and fieldwork costs of students, whose parents are experiencing financial
difficulties. Applications are supported by appropriate financial documentation and are
monitored on an annual basis.
Grants are generally made annually to 'TWGGS Clubs, on approval of the Trustees.
Investment Policy
The Charity takes a totally risk averse approach to investing its reserves. Consequently,
investments are held in bank reserve accounts to maximise interest.
Revlew of Rlsk
The Charity has opted to exert the exemption available to smaller charities.
Mrè. Julie Robinson
Chair and Trustee
Date:.....
..L.12.1,2.
Page 3

CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's report on the
accounts
Sectlon A
Independent Examiner's Report
Report to th6 trustees
Tunbridge Wells Girls, Grammar School Fund
On accounts for the year
ended
31 August 2024
Charity no
(if any)
1102545
Set out on pages
5t07
I report to the truslees on my examination of the accounts of the above
charity {"the Charity") for the year ended 31 August 2024.
Responslblllties and
basis of report
As the charity's trustees, you are responsible for the preparation of the
accounts in accordance with the requiremenls of the Charities Act 2011
{"the Act").
I report in respect of my examination of the Charity's accounts carried out
under section 145 of the 2011 Acl and in carrying out my examination, I
have followed all the applicable Directions given by the Charity Commission
under section 145(5)Ib> of the Act.
Independent I have completed my examination. I confirm that no material matters have
examiner's Statement come to my attention in connection with the examination which gives me
cause to believe that in, any material respect..
the accounting records were not kept in accordance with section 130
of the Charities Act., or
the accounts did not accord with the accounting records., or
the accounts did not comply with the applicable requirements
concerning the form and content of accounts set out in the Charities
(Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fair, view which is not a matter
considered as part of an independent examination.
I have no concerns and have come across no other matters in connection
with the examination to which attention should be drawn in this report in
order to enable a proper understanding of the accounts to be reached.
Slgned:
Date:
Name:
Stephen Pocock
Relevant professional
qualification(s} or body:
FCCA
Address:
Linden House, Linden Close
Tunbridge Wells, Kent TN4 8HH
Page 4

TUNBRIDGE WELLS GIRLS, GRAMMAR SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE PERIOD 1ST SEPTEMBER 2023 TO 31 AUGUST 2024
(Incoporating an Income and Expenditure Account)
Unrestricted Restrlcted
Funds
Fund8
2023124
2023124
TOTAL
TOTAL
2023124
2022123
Incomlng Resources
Activities to generate funds.
Donalions
Inveslment Income
Gift Aid Claim
59,909
1,758
32,474
12.760
72,669
1,758
32,474
81,483
760
Total Incornlng Resources
94,142
12.760
106,902
82,243
Resources Expended
Charitable Expenditure:
Grants made lo ir)slitulions - TWGGS
Management and Administration
11,500
72
25,342
13
36,842
85
433.716
79
Total Resources Expended
11,572
25,355
36,927
433.795
Net Incomlng Resources
82,571
-12,595
69,97S
-351,552
Net Movement In Funds
Opening Funds at Sept 1st
Closing Funds al August 31 sl
40,737
123,308
23,619
11,023
64,356
134,331
415.909
64,356
Page 5

TUNBRIDGE WELLS GIRLS, GRAMMAR SCHOOL
Balance Sheet as at 31st August 2024
2024
2023
Current Assets:
Reserve Accounts
Current Accounts
TOTAL ASSETS
122,808
11,523
40,237
24,119
64,356
134,331
Less Current Liabilities
NET ASSETS
134,331
64,356
Financed by:
Restricted Funds.,
Sports Centre
11,023
23,619
Unrestricted Funds:
General Fund
123,308
40,737
134,331
64,356
Signed..
Helen Ralph, Treasurer to the Charity
Signed:
Julie Robinson, Chair
Page 6

TUNBRIDGE WELLS GIRLS. GRAMMAR SCHOOL
TWGGS Fund
Final Balance for the Period ending August 31st 2024
enin
Balance as at Se
TWGGS Fund
tember 1st 2023..
£64,355.53
Chan
e durin
TWGGS Fund
the Year..
£69,975.44
Closin
Balance as al Au
TWGGS Fund
ust 31st 2024.
£134,330.97
Represented by:
Current Accounts
Business Reserve
£11,523.43
£122,807.54
£134,330.97
Page 7