2021-03-31-accounts

CONTENTS				Page
Report ofthe	Trustee			1-4
Independent	examiner's		report to the trustee
Statement of	financial		activities
Balance sheet
Notes to the financial		statements		8-14

			2021	2020
Expenditure on:
Charitable	Activities		48,578	61,409
Other
			48,578	61,409
Income from:
Voluntary	Income	-Donations	82,214	73,875
Investment	Income	—Interest	12	41
			82,226	73916
Surplus after transfers			33,648	12,507

Bankers			Royal Bank ofScotland Plc	Royal Bank ofScotland Plc	Royal Bank ofScotland Plc
			City Office
			62/63 Threadneedle		Street
			London
			EC2R8LA
Insurance	advisers		Marsh Insurance	Brokers Limited
			Education Practice
			Capital House
			1-5Perrymount	Road
			Haywards Heath
			West Sussex
			RH16 3DY
Solicitors			Farrer &CoLLP
			66Lincoln's Inn	Fields
			London
			WC2A 3LH
Independent		examiner	Cara Turtington	FCA DChA
			Saffery Champness		LLP
			71Queen Victoria		St
			London
			EC4V4BE

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			2021		2020
		Notes
Fixed assets
School buildings				2,854,815		2,934,828
Restricted fund investments				10,583		8,701
				2,865,398		2,943,529
Current assets
Debtors			366		4,568
Cash at bank			66,099		33,651
			66,465		38,219
Liabilities
Amounts falling due within one year		12	(8,858)		(8,128)
Net current	assets			57,607		30,091
Amounts falling due after more than one year		12		(36,082)		(41,866)
Net assets				2,886,923		2,931,754
Funds
Restricted funds		10		10,413		8,879
Designated funds				2,854,815		2,934,828
Undesignated	funds			21,695		(11,953)
		13		2,886,923		2,931,754

Donations	and Legacies
			2021	2020
Donation	—Skinners Malmesbury	Foundation	40,000	30,000
Donation	- SirAndrew Judd Foundation		29,714	31,375
Lawrence	Atwell's Charity		12,500	12,500
			82,214	73,875

3	Income from investments		2021	2020
	Dividends		452	580
	Interest		12	41
				621
4	Expenditure
	Charitable activities
			2021	2020
	Grant for depreciation ofSchool property-designated	expense	80,013	80,013
	Salaries, national insurance, etc.		39,460	41,972
	Office accommodation		6,780	6,900
	Insurance		422	509
	Independent examination		1,600	1,552
	Legal cost			7,780
	Governors' meeting expenses, etc (note 5)		40	1,157
	Clerking expenses		327	821
	Travel (note 5)		23	362
	Printing and other office costs		245	390
	Publications and subscriptions		31
	Contributions to prizes - restricted expense		300	450
	Leaving presents		150	240
	School hospitality			76
	Total Expenditure		129,391	142,222
	Governance cost included in above:
	Salaries, national insurance, etc.		7,892	8,229
	Independent examination		1,600	1,552
	Printing, postage and telephone		49	78
	Office accommodation		1,356	1,380
			10,897	11,239

	Undesignated	Designated	Restricted	Total
	Funds	Funds	Funds	Funds
Income from:
Donations and legacies	73,875			73,857
Income from investments	41		580	621
Total income and endowments	73,916		580	74,496
Expenditure on:
Charitable activities	(61,409)	(80,013)	(800)	(142,222)
Net loss on investments			(2,333)	(2,333)
Net expenditure	(61,409)	(80,013)	(2,553)	(70,059)
Transfers between funds
Net movements in funds	12,507	(80,013)	(2,553)	(70,059)
Balances brought forward at 1April 2019	(24,460)	3,014,841	11,432	3,001,813
Balances carried forward at31March 2020	(11,953)	2,934,828	8,879	2,931,754

8	School buildings
					2021	2020
				Note
	Cost			1.5
	At 1April 2020				4,152,640	4,152,640
	Additions
	At 31March 2021				4,152,640	4,152,640
	Depreciation			1.5
	At 1April 2020				1,217,812	1,137,799
	Charge for the period				80,013	80,013
	At 31March 2021				1,297,825	1,217,812
	Net book value
	At 31March 2021				2,854,815	2,934,828
	At 31March 2020				2,934,828	3,014,841
9	Investments (Prize Funds)
					2021	2020
	Market Value brought	forward			8,701	11,034
	Additions
	Disposals
	Unrealised gain/(loss)	in portfolio			1,882	(2,333)
	Market Value at31	March 2021			10,583	8,701
	As at 31March 2021 the charity held the following		material	investments:	Market	%of
					value	portfolio
	Investment
	M&G Charibond				585	5.5
	M&G Charifund				9,998	94.5

10	Prize fund	s: Moveme	nts in y	ear
						2021	2020
	Balance at	31March	2020			8,879	11,432
	Realised income 8cexpenditure			deficit for year		(348)	(220)
	Unrealised	gain/(loss)	on investment		for year	1,882	(2,333)
						10,413	8,879
	Balance at	31March	2021
	(Expenditure)/income					(170)	178
	Capital					10,583	8,701
	Total					10,413	8,879
11	Debtors
						2021	2020
							f.
	Prepayments					366	285
	Accrued income						4,283
						366	4,568
12	Liabilities
						2021	2020
	Amounts falling due within one			year
	Independent	examination				1,600	1,560
	Other creditors					1,474	784
	Long term	loan due within one		year		5,784	5,784
	Total creditors due in		less than	one	year	8,858	8,128
	Long term	loan due after more		than	one year	36,082	41,866

Allocation ofnet assets to funds for year	ended 31March	2021
	Unrestricted	Designated	Restricted
	funds	fund	funds	Total
Fixed assets
School buildings		2,854,815		2,854,815
Investments Net current assets less long term liabilities	21,695		10,583 ~170	10,583 21,525
Net assets	21,695	2,854,815	10,413	2,886,923

omparative figures for allocation ofnet a	ssets to funds fo	r year ended 31	March 2020
	Unrestricted	Designated	Restricted
	funds	fund	funds	Total
Fixed assets
School buildings		2,934,828		2,934,828
Investments Net current assets less long term liabilities	~11953		8,701 178	8,701 ~ll 775
Net assets	~11,953	2,934,828	8,879	2,931,754

Revaluation reserves
Included within the funds in note 13are revaluation	reserves with the following	values:
		2021	2020
Restricted Fund - Quoted securities		K9,553	K7,671