## |CONTENTS||||Page| |---|---|---|---|---| |Report ofthe|Trustee|||1-4| |Independent|examiner's||report to the trustee|| |Statement of|financial||activities|| |Balance sheet||||| |Notes tothe financial||statements||8-14| ## ## ## ## ## ## ## ## ## ## ## |inancial A|ctivities|(|and accompanying
notes).||| |---|---|---|---|---|---| |||||2023|2022| |Expenditure
on:
Charitable
Activities||||67,066|62,316| |Other|||||| |||||67,066|62,316| |Income from:|||||| |Voluntary|Income||-Donations|61,057|67,280| |Investment|Income||—Interest|84|5| |||||61 141|67,285| |(Deflcit)/surplus||after transfers||(5,925)|4,969| ## ## ## ## ## ## ## ## ## |Bankers|||Royal Bank ofScotland Pic|Royal Bank ofScotland Pic|Royal Bank ofScotland Pic| |---|---|---|---|---|---| ||||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||| ||||RH163DY||| |Solicitors|||Farrer &CoLLP||| ||||66Lincoln's Inn|Fields|| ||||London||| ||||WC2A 3LH||| |Independent||examiner|Cars Turtington|FCA DChA|| ||||Saffery LLP||| ||||71Queen Victoria||St| ||||London||| ||||EC4V 4BE||| ## ## ## ## |0|00|III|O
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00| ||||2023||2022|| |---|---|---|---|---|---|---| |||Notes||||| |Fixed assets||||||| |School buildings||||2,694,789||2,774,802| |Restricted fund investments||||10,590||11,286| |||||2,705,379||2,786,088| |Current assets||||||| |Debtors||11|33,812||249|| |Cash at bank|||19,606||64,536|| ||||53,418||64,785|| |Liabilities||||||| |Amounts
falling due within one year||12|(8,835)||(8,273)|| |Net current|assets|||44,583||56,512| |Amounts
falling due atter more than one year||12||(24,514)||(30,298)| |Net assets||||2,725,448||2,812,302| |Funds||||||| |Restricted funds||10||9,920||10,836| |Designated
funds||||2,694,789||2,774,802| |Undesignated|funds|||20,739||26,664| |||13||2,725,448||2,812,302| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Donations|and Legacies||| |---|---|---|---| |||2023|2022| |||8|| |Skinners Malmesbury
Foundation||15,000|25,000| |SirAndrew|Judd Foundation|33,557|29,780| |Lawrence Atwell's
Charity||12,500|12,500| |||61,057|67,280| ## ## |3|Income from investments|||2023|2022| |---|---|---|---|---|---| ||Dividends|||580|520| ||Interest|||84|5| |||||664|525| |4|Expenditure||||| ||Charitable
activities||||| |||||2023|2022| ||Grant for depreciation of School|property-designated|expense|80,013|80,013| ||Salaries, national
insurance, etc.|||51,077|41,529| ||Office accommodation|||6,060|6,900| ||Insurance|||535|482| ||Independent
examination
Legal/professional
cost
Governors'
meeting and training
Clerking expenses
Travel (note 5)
Printing
and other offtce costs
Publications
and subscriptions|expenses, etc (note|5)|1,724
2,066
1,506
548
110
170|1,620
6,835
1,317
388
68
131
44| ||Gmnts to school|||380|| ||Contributions
to prizes - restricted expense
Leaving exhibition/presents
Total Expenditure|||3,690
147,879|3,052
750
143,129| ||Governance
cost included
in above:||||| ||Salaries, national
insurance,
etc.|||10,215|8,306| ||Independent
examination
Printing, postage and telephone
OAice accommodation|||1,724
22
1212|1,620
26
1,380| |||||13,173|11,332| ## ## ## ## ## ||Undesignated|Designated|Restricted|Total| |---|---|---|---|---| ||Funds|Funds|Funds|Funds| |Income from:||||| |Donations
and legacies|67,280|||67,280| |Income from investments|5||520|525| |Total income and endowments|67,285||520|67,805| |Expenditure
on:||||| |Charitable
activities|(62,316)|(80,013)|(800)|(143,129)| |Net gain on investments|||703|703| |Net income/(expenditure)|4,969|(80,013)|423|(74,621)| |Transfers between funds||||| |Net movements
in funds|4,969|(80,013)|423|(74,621)| |Balances brought
forward at 1 April 2021|21,695|2,854,815|10,413|2,886,923| |Balances carried forward at31 March 2022|26,664|2,774,802|10,836|2,812,302| |8|School buildings||||| |---|---|---|---|---|---| |||||2023|2022| ||||Note||| ||Cost||1.5||| ||At 1April 2022|||4,152,640|4,152,640| ||Additions||||| ||At 31March 2023|||4,152,640|4,152,640| ||Depreciation
At 1April 2022
Charge for the period||1.5|1,377,838
80 013|1,297,825
80,013| ||At 31March 2023|||1,457,851|1 377,1138| ||Net book value||||| ||At 31March 2023|||2694 789|2.774,802| ||At 31March 2022|||2774802|2854815| |9|Investments
(Prize Funds)||||| |||||2023|2022| ||Market Value brought|forward||11,286|10,583| ||Additions||||| ||Disposals||||| ||Unrealised
(loss)/gain|in portfolio||(696)|703| ||Market Value at31March 2023|||10,590|11,286| ||As at 31March 2023 the|charity held the following material|invcsnnents:|Market|%of| |||||value|portfolio| ||Investment||||| ||MUG Charibond|||520|4.9| ||M4lkG Charifund|||10,070|95.1| ## |FO|RTHK YEARENDED 31|RTHK YEARENDED 31|MARCH|MARCH|2023||| |---|---|---|---|---|---|---|---| |10|Prize funds: Movements||in year|||2023|2022| ||Balance at 31March|2022||||10,836|10,413| ||Realised income &expenditure|||deficit foryear||(220)|(280)| ||Unrealised
(loss)/gain|on investment|||for year|(696)|703| |||||||9,920|10,836| ||Balance at 31March|2023|||||| ||Expenditure|||||(670)|(450)| ||Capital|||||10,590|11,286| ||Total|||||9,920|10,836| |11|Debtors||||||| |||||||2023|2022| ||||||||g| ||Prepayments|||||255|249| ||Accrued income|||||33,557|| |||||||33,812|249| |12|Liabilities||||||| |||||||2023|2022| ||Amounts
falling due within||one|year|||| ||Independent
examination
Other creditors|||||1,650
1,401|1,630
859| ||Long term loan due within
Total creditors due in less||one
than|year
one|year|5,784
8,835|5,784
8,273| ||Long term loan due atter more|||than|one year|24,514|30,298| ## |Allocation ofnet assets to funds for year|ended 31March|2023||| |---|---|---|---|---| ||Unrestricted|Designated|Restricted|| ||funds|fund|funds|Total| |Fixed assets||||| |School buildings||2,694,789||2,694,789| |Investments
Net current assets less long term liabilities|20,739||10,590
~67Il|10,590
20069| |Net assets|20,739|2,694,789|9,920|2,725,448| ## |omparative
figures for allocation ofnet a|ssets to funds fo|ryear ended 3|1March 2022|| |---|---|---|---|---| ||Unrestricted|Designated|Restricted|| ||funds|fund|funds|Total| |Fixed assets||||| |School buildings||2,774,802||2,774,802| |Investments
Net current assets less long term liabilities|26664||11,286
~460|11,286
26 214| |Net assets|26,664|2 774,802|10,836|2,812,302| ## ## ##