##
|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|||
##
##
##
##
|||||||QO||||
|---|---|---|---|---|---|---|---|---|---|
||||||Qo|||||
|||||||hJ||||
||||||Qo|Ch||||
|hJ|M|||||||||
|Qo|4J|Qo
C)|QO
CO||Qo
C)|||||
|00|QO|CO|C&||C7|||||
|4h|QO|||||||||
||||||||||CD|
|||||||||C||
|||||QO
QO|QO
O|||||
|M||||||||||
|Qo||||||||||
|Qo
Ch||||||||H
O|F
IS|
|M
VJ|||||||&|~|ce|
||4J|||||||||
||CO|||||||||
||CO
Qo
VJ||||||A|M
O
hJ
O|F
IS
rn|
||||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|
##
##