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2023-07-31-accounts

Page
Report ofthe Trustees 1 to 3
Independent
Examiner's		 Report
Statement of Financial Activities
aalance Sheet
Notes to the Financial Statements 7 to 15

2023 2022
Unrestricted Restricted Endowment Total Total
fund fund fund funds funds
Notes E E f E E
INCOME AND ENDOWMENTS
FROM
Donations and legacies
Investment income 21,001 5 20,270 41,276 37,450
Total 21,001 5 20&270 41,276 37,450
EXPENDITURE ON
Charitable activities
Charitable activities 19,247 15,318 34,565 50,438
Net losses on investments (23,883) (17,903) (41,786) (26,584)
NET (EXPENDITURE)/IN COME (22,129) (15,313) 2,367 (35,075) (39,572)
Transfers between funds 109,740 (110,544)
Net movement
in funds		 (21,325) 94,427 (108,177) (35,075) (39,572)
RECONCILIATION
OF FUNDS
Total funds brought forward 506,702 122,958 279,885 909,545 949,117
TOTAL FUNDS CARRIED
FORWARD 485,377 217,385 171,708 874,470 909,545

31July 2023
2023 2022
Unrestricted Restricted Endowment Total Total
fund fund fund funds funds
Notes f f f f f
FIXEDASSETS
Investments 8 478,370 338,884 817,254 859,040
CURRENT ASSETS
Debtors 216,249 216,249 121,705
Cash at bank 26,013 1,136 49,073 76,222 51,753
26,013 217,385 49,073 292,471 173,458
CREDITORS
Amounts
falling due within one
year 10 (19,006) (216,249) (235,255) (122,953)
NET CURRENT ASSETS/(LIABILITIES) 7,007 217,385 (167,176) 57,216 50,505
TOTAL ASSETS LESSCURRENT
LIABILITIES 485,377 217,385 171,708 874,470 909,545
NET ASSETS 485,377 217,385 171,708 874,470 909,545
FUNDS
Unrestricted funds 485,377 506,702
Restricted funds 217,385 122,958
Endowment funds 171,708 279,885
TOTALFUNDS 874,470 909,545

3. INVESTMENT INCOME INVESTMENT INCOME
2023 2022
E E
Dividend income 32,790 30,170
Deposit account interest 8,486 7,280
41,276 37,450
4. CHARITABLE ACTIVITIES COSTS CHARITABLE ACTIVITIES COSTS
Direct Support
costs costs Totals
E E E
Charitable activities 33,665 900 34,565
Unrestricted Restricted Endowment 2023
E E E E
Charitable
activities:
Scholarship
Trust Awards		 8,750 8,750
Hardship
Awards		 4,000 4,000
Music tuition 10,667 10,667
Sundry instrumental costs 640 640
Contribution
to cost		 of 4,000 4,000
musicalinstruments
Holt Scholarships 5,608 5,608
18,358 15,307 33,665
Support costs:
Bank charges 61 72
Independent
Examiner's fees		 828 828
889 900
19,i47 15,318 34,565

Unrestricted Restricted Endowment 2022
E 6 E f
Charitable
activities:
Sixth Form Scholarships 8,818 8,818
Scholarship
Trust Awards		 9,363 9,363
Music tuition 15,070 15,070
Sundry
instrumental		 costs 420 420
I-lolt 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

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 E f E
INCOME AND ENDOWMENTS FROM
Donations
and legacies
Investment
income		 19,285 18,165 37,450
Total 19,285 18,165 37,450
EXPENDITURE ON
Charitable
activities
Charitable
activities		 34,847 15,591 50,438
Net losses on investments (20,058) (6,526) (26,584)
NET (EXPENDITURE)/INCOME (35,620) (15,591) 11,639 (39,572)
Transfers between
funds		 780 16,220 (17,000)
Net movement
in funds		 (34,840) (5,361) (39,572)
RECONCILIATION
OF FUNDS
Total funds brought forward 541,542 122,329 285,246 949,117
TOTAL FUNDS CARRIED FORWARD 506,702 122,958 279,885 909,545

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
2023 2022
f f
Inter fund loans 216,249 121,705
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
f f
Inter fund loans 216,249 121,705
Accrued expenses 19,006 1,248
235,255 122,953
11. MOVEMENT
IN FUNDS
Net Transfers
movement between At
At 1/8/22 in funds funds 31/7/23
f f f f
Unrestricted
funds
General fund 506,702 (22,129) 804 485,377
Restricted funds
The Peggy James Guillou Awards Fund 122958 (157313) 1097740 2177385
Endowment
funds
The Peggy James Guillou Endowment Fund 279,885 2,367 (110,544) 171,708
TOTAL FUNDS 0,545 755,0707 . 074,470

Incoming Resources Gains and Movement
resources expended losses in funds
E E E E
Unrestricted
funds
General fund 21,001 (19,247) (23,883) (22,129)
Restricted funds
The Peggy James Guillou Awards Fund (15,318) (15,313)
Endowment
funds
The Peggy James Guillou Endowment Fund 20,270 (17,903) 2,367
TOTALFUNDS 41,276 (34,565) (41,786) (35,075)
Comparatives
for movement		 in funds
Net Transfers
movement between At
At 1/8/21 in funds funds 31/7/22
E 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
TOTALFUNDS ~49,117 139,572) 909,545

Incoming Resources Gains and Movement
resources expended losses in funds
f f f 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)