| Page | ||
|---|---|---|
| Report ofthe Trustees | 1 to | 3 |
| Independent Examiner's Report |
||
| Statement ofFinancial Activities | ||
| Balance Sheet | ||
| Notes to the Financial Statements | 7 to | 15 |
| Detailed Statement of Financial Activities | 16 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | |||
| fund | fund | fund | funds | funds | |||
| Notes | f | E | E | E | E | ||
| INCOME AND ENDOWMENTS | |||||||
| FROM | |||||||
| Donations and legacies |
|||||||
| Investment income |
3 | 19,285 | 18,165 | 37&450 | 33,024 | ||
| Total | 19,285 | 18,165 | 37,450 | 33,024 | |||
| EXPENDITURE ON | |||||||
| Charitable activities |
|||||||
| Charitable activities |
34,847 | 15,591 | 50,438 | 21,514 | |||
| Net (losses)/gains on |
|||||||
| investments | (20,05&) | (6,526) | (26,584) | 138,046 | |||
| NET (EXPENDITURE/INCOME | (35,620) | (15,591) | 11,639 | (39,572) | 149,556 | ||
| Transfers between | funds | 780 | 16,220 | (17,000) | |||
| Net movement in funds |
(34,840) | &529 | (5,361) | (39,572) | 149,556 | ||
| RECONCILIATION OF FUNDS |
|||||||
| Total funds brought | forward | 541,542 | 122,329 | 285,246 | 949,117 | 799,561 | |
| TOTAL FUNDS CARRIED | |||||||
| FORWARD | 506,702 | 122,958 | 279,885 | 909,545 | 949,117 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | |||
| fund | fund | fund | funds | funds | |||
| Notes | E | E | E | E | f | ||
| FIXEDASSETS | |||||||
| Investments | 8 | 502,253 | 356,787 | 859,040 | 895,624 | ||
| CURRENT ASSETS | |||||||
| Debtors | 121,705 | 121,705 | 121,705 | ||||
| Cash at bank | 5,253 | 1,697 | 44,803 | 51,753 | 81,746 | ||
| 5,253 | 123,402 | 44,803 | 173,458 | 203,451 | |||
| CREDITORS | |||||||
| Amounts falling due within one |
|||||||
| year | 10 | (804) | (444) | (121,705) | (122,953) | (149,958) | |
| NET CURRENT ASSETS | 4,449 | 122,958 | (76,902) | 50,505 | 53,493 | ||
| TOTAL ASSETS LESSCURRENT | |||||||
| LIABILITIES | 506,702 | 122,958 | 279,885 | 909,545 | 949,117 | ||
| NET ASSETS | 506,702 | 122,958 | 279,885 | 909,545 | 949,117 | ||
| FUNDS | |||||||
| Unrestricted | funds | 506,702 | 541,542 | ||||
| Restricted funds |
122,958 | 122,329 | |||||
| Endowment | funds | 279,885 | 285,246 | ||||
| TOTALFUNDS | 909,545 | 949,117 | |||||
| The financial | statements | were approved | by the Board of Trustees and | authorised for issue |
(~ on .........1.:„„„f. ..„„„„2023 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| E | 6 | |||
| Dividend | income | 30,170 | 25,573 | |
| Deposit | account | interest | 7,280 | 7,451 |
| 37,450 | 33,024 |
| Direct | Support | |||
|---|---|---|---|---|
| costs | costs | Totals | ||
| E | E | E | ||
| Charitable | activities | 49,436 | 1,002 | 50,438 |
| Unrestricted | Restricted | Endowment | 2022 | |||
|---|---|---|---|---|---|---|
| E | E | E | E | |||
| Charitable activities: |
||||||
| Scholarship Trust Awards |
8,818 | 8,818 | ||||
| Hardship Awards |
9,363 | 9,363 | ||||
| Music tuition | 15,070 | 15,070 | ||||
| Sundry instrumental | costs | 420 | 420 | |||
| Holt Scholarships | 15,765 | 15,765 | ||||
| 33,946 | 15,490 | 49,436 | ||||
| Support costs: | ||||||
| Bank charges | 97 | 101 | 198 | |||
| Independent Examiner's fees |
804 | 804 | ||||
| 901 | 101 | 1,002 | ||||
| 34,847 | 15,591 | 50,438 |
| Unrestricted | Restricted | Endowment | 2021 | ||||
|---|---|---|---|---|---|---|---|
| E | E | E | E | ||||
| Charitable | activities: | ||||||
| Sixth Form | Scholarships | 4,322 | 4,322 | ||||
| Scholarship | Trust Awards | ||||||
| Music tuition | 11,058 | 11,058 | |||||
| Sundry instrumental | costs | ||||||
| Holt Scholarships | 5,186 | 5,186 | |||||
| 9,508 | 11,058 | 20,566 | |||||
| Support costs: | |||||||
| Bank charges | 82 | 86 | 168 | ||||
| Independent | Examiner's fees | 780 | 780 | ||||
| 862 | 86 | 948 | |||||
| 10,370 | 11,144 | 21,514 |
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | ||
| fund | fund | fund | funds | ||
| E | 6 | E | E | ||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
|||||
| Investment income |
17,239 | 15,785 | 33,024 | ||
| Total | 17,239 | 15,785 | 33,024 | ||
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Charitable activities |
10,370 | 11,144 | 21,514 | ||
| Net gains on investments | 68,584 | 69,462 | 138,046 | ||
| NET INCOME | 75,453 | (11,144) | 85,247 | 149,556 | |
| Transfers between funds | 11,000 | (11,000) | |||
| Net movement in funds |
75,453 | (144) | 74,247 | 149,556 | |
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward | 466,089 | 122,473 | 210,999 | 799,561 | |
| TOTAL FUNDS CARRIED FORWARD | 541,542 | 122,329 | 285,246 | 949,117 |
| 7. | TANGIBLE FIXEDASSETS | |
|---|---|---|
| Plant and | ||
| machinery | ||
| E | ||
| COST | ||
| At 1August 2021and 31July 2022 | 6,365 | |
| DEPRECIATION | ||
| At 1August 2021and 31July 2022 | 6,365 | |
| NET BOOK VALUE | ||
| At31July 2022 | ||
| At 31July 2021 | ||
| 8. | FIXEDASSETINVESTMENTS | |
| Unlisted | ||
| Investments | ||
| E | ||
| MARKET VALUE | ||
| At 1August 2021 | 895,624 | |
| Disposa ls | (10,000) | |
| Revaluations | (26,584) | |
| At 31July 2022 | 859,040 | |
| NET BOOK VALUE | ||
| At 31July 2022 | 859,040 | |
| At 31July 2021 | 895,624 |
| 9. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | FALLING DUE WITHIN ONE YEAR | FALLING DUE WITHIN ONE YEAR | FALLING DUE WITHIN ONE YEAR | FALLING DUE WITHIN ONE YEAR | |||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||
| E | f | ||||||||
| Inter fund loans | 121,705 | 121,705 | |||||||
| 10. | CREDITORS: AMOUNTS | FALLING | DUE | WITHIN | ONE YEAR | ||||
| 2021 | 2021 | ||||||||
| E | E | ||||||||
| Inter fund loans | 121,705 | 121,705 | |||||||
| Accrued expenses | 1,248 | 28,253 | |||||||
| 122,953 | 149,958 | ||||||||
| 11. | MOVEMENT IN FUNDS |
||||||||
| Net | Transfers | ||||||||
| movement | between | At | |||||||
| At 1/8/21 | in funds | funds | 31/7/22 | ||||||
| E | f | E | E | ||||||
| Unrestricted funds |
|||||||||
| General fund | 541,542 | (35,620) | 780 | 506,702 | |||||
| Restricted funds | |||||||||
| The Peggy James Guillou | Awards | Fund | 122,329 | (15,591) | 16,220 | 122,958 | |||
| Endowment funds |
|||||||||
| The Peggy James Guillou | Endowment | Fund | 285,246 | 11,639 | (17,000) | 279,885 | |||
| TOTAL FUNDS | 949'117 | (39p572) | 909,545 |
| Incoming | Resources | Gains and | Movement | |||||
|---|---|---|---|---|---|---|---|---|
| resources f |
expended f |
losses f |
in funds f |
|||||
| Unrestricted funds |
||||||||
| General fund | 19,285 | (34,847) | (20,058) | (35,620) | ||||
| Restricted funds | ||||||||
| The Peggy James Guillou | Awards | Fund | (15,591) | (15,591) | ||||
| Endowment funds |
||||||||
| The Peggy James Guillou | Endowment | Fund | 18,165 | (6,526) | 11,639 | |||
| TOTALFUNDS | 37,450 | (50,438) | (26,584) | (39,572) | ||||
| Comparatives for movement |
in | funds | ||||||
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 1/8/20 | in funds | funds | 31/7/21 | |||||
| f | f | f | f | |||||
| Unrestricted funds |
||||||||
| General fund | 466,089 | 75,453 | 541,542 | |||||
| Restricted funds |
||||||||
| The Peggy James Guillou | Awards | Fund | 122,473 | (11,144) | 11,000 | 122,329 | ||
| Endowment funds |
||||||||
| The Peggy James Guillou | Endowment | Fund | 210,999 | 85,247 | (11,000) | 285,246 | ||
| TOTALFUNDS | 199.561 | 149,556 | 949,117 |
| Incoming | Resources | Gains and | Movement | ||||
|---|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||||
| E | E | E | E | ||||
| Unrestricted funds |
|||||||
| General fund | 17,239 | (10,370) | 68,584 | 75,453 | |||
| Restricted funds | |||||||
| The Peggy James Guillou | Awards | Fund | (11,144) | (11,144) | |||
| Endowment funds |
|||||||
| The Peggy James Guillou | Endowment | Fund | 15,785 | 69,462 | 85,247 | ||
| TOTAL FUNDS | 33,024 | (21,514) | 138,046 | 149,556 |
| 2022 | 2021 | ||
|---|---|---|---|
| E | E | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Donations | |||
| Investment income |
|||
| Dividend income |
30,170 | 25,573 | |
| Deposit account interest | 7,280 | 7,451 | |
| 37,450 | 33,024 | ||
| Total incoming resources | 37,450 | 33,024 | |
| EXPENDITURE | |||
| Charitable activities |
|||
| Sixth Form Scholarships | 4,322 | ||
| Scholarship Trust Awards |
8,818 | ||
| Hardship Awards |
9,363 | ||
| Music tuition | 15,070 | 11,058 | |
| Sundry instrumental | costs | 420 | |
| Holt Scholarships | 15,765 | 5,186 | |
| 49,436 | 20,566 | ||
| Support costs | |||
| Management | |||
| Bank charges | 198 | 168 | |
| Governance costs |
|||
| Independent Examiner's fees |
804 | 780 | |
| Totalresources expended |
50,438 | 21,514 | |
| Net (expenditure)/income | (12,988) | 11,510 |