| Reference and Adminisnative Details |
|---|
| Trustees' Annual Report |
| Independent Examiner's Report to the Trustees |
| Statement ofFinancial Activities |
| Balance Sheet |
| Notes to the Financial Smtements |
| Registered | Charity | name | The Highfield | The Highfield | School Centenary | Bursaries Fund |
|---|---|---|---|---|---|---|
| Charity registration | number | 1114845 | ||||
| Principal office | Highfield | School | ||||
| Highiield | Lane | |||||
| Liphook | ||||||
| Hampshire | ||||||
| GU30 7LQ | ||||||
| THE TRUSTEES | ||||||
| IH D Carey (Chairman) | ||||||
| P A Greenwood | ||||||
| SMason | ||||||
| N Denton | ||||||
| KNaylor | ||||||
| KWilkes | (appointed 22 March | 2021) | ||||
| Independent | examiner | |||||
| Haysmacintyre | LLP | |||||
| 10Queen | Street Place | |||||
| London | ||||||
| EC4R 1AG | ||||||
| Bankers | HSBC Bank Pic | |||||
| 54 Clarence Street | ||||||
| Kingston | upon | Thames | ||||
| Surrey | ||||||
| KT1 1NS |
| 2021 | 2021 | 2021 | 2020 | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| Note | Fundsf | Funds | Funds | Funds | ||
| INCOME AND EXPENDITURE | ||||||
| Donations and legacies |
30,675 | 2,545 | 33,220 | 82,913 | ||
| Investment income |
10,808 | 10,808 | 10,940 | |||
| Total income | 41,483 | 2,545 | 93,853 | |||
| EXPENDITURE | ||||||
| Expenditure on charitable activities |
6,7 | (99,510) | (28,235) | (127,745) | (87,639) | |
| Total expenditure | (99,510) | (28,235) | (127,745) | (87,639) | ||
| Net gains/(losses) on investments |
9,11 | 129,804 | 129,804 | (35,487) | ||
| Net income and net movement | in Funds | 71,777 | (25,690) | 46,087 | (29473) | |
| RECONCILIATION OFFUNDS |
||||||
| Total Funds Brought Forward | 660,264 | 35,010 | 695,274 | 724,547 | ||
| Total Funds carried forward | 732,041 | 9,320 | 741,361 | 695,274 |
| Total | Total | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Note | ||||
| FIXEDASSETS | ||||
| Investments | 706,341 | 631,615 | ||
| CURRENT | ASSETS | |||
| Debtors | 12 | 13,076 | ||
| Cash at bank | and in hand | 35,020 | 50,583 | |
| 35,020 | 63,659 | |||
| NET CURRENT ASSETS | 35,020 | 63,659 | ||
| TOTAL ASSETSLESSCURRENT LIABILITIES | 741,361 | 695,274 | ||
| FUNDS OF | THE CHARITY | |||
| Unrestricted | Funds | 732,041 | 660,264 | |
| Restricted Funds | 9,320 | 35,010 | ||
| Total Charity Funds | 13 | 741,361 | 695,274 |
| IJnrestrlcted | Restricted | Total | Total | |
|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |
| 2021f | 2021 0 |
2021 8 |
2020 | |
| DONATIONS | ||||
| Donations | 28,150 | 2,545 | 30,695 | 75,496 |
| Gift Aid | 2,525 | 2,525 | 7,417 | |
| 30,675 | 2,545 | 33220 | 82,913 |
| NVESTMENT INCOME | ||||
|---|---|---|---|---|
| IJnrestricted | Restricted | Total | Total | |
| Funds | Funds | Funds | Funds | |
| 2021 | 2021 | 2021f | 2020f | |
| Income trom listed investments | 10,806 | 10,806 | 10,833 | |
| Bank interest receivable | 2 | 2 | 107 | |
| 10,808 | 10,808 | 10,940 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | ||
| 2021 | 2021f | 2021f | 2020f | ||
| Bursary | Awards | 99,403 | 28,235 | 127,638 | 87,216 |
| Support | costs | 107 | 107 | 423 | |
| 99,510 | 28,235 | 127,745 | 87,639 |
| Grant funding | Total Funds | Total Funds | |||
|---|---|---|---|---|---|
| ofactivities | Support costs | 2021 | 2020 | ||
| Bursary Awards | 99,403 | 99,403 | 77,879 | ||
| Governance | costs | 107 | 107 | 423 | |
| 99,403 | 107 | 99,510 | 78,302 |
| Bursary | Total | Total | ||
|---|---|---|---|---|
| Awards | 2021 | 2020 | ||
| g | ||||
| Governance | costs | 107 | 107 | 423 |
| KT GAINS | ON INVESTMENTS | |||
| Unrestricted | Unrestricted | |||
| Funds | Funds | |||
| 2021 | 2020 | |||
| Gains/(losses) | on listed investments | 129,804 | (35,487) |
| NVESTMENTS | |
|---|---|
| Listed | |
| Investments | |
| f | |
| Cost or valuation | |
| At 1 September 2020 | 631,615 |
| Additions | |
| Disposals | (55,077) |
| Fair value movements | 129,804 |
| At 31August 2021 | 706,341 |
| Initial costofinvestments | |
| At 31August 2021 | 469,217 |
| At 31August 2020 | 532,672 |
| he investments are analysed as follows: |
||
|---|---|---|
| 2021f | 2020f | |
| UK quoted securities | 706341 | 631,315 |
| he investment portfolio are made up ofthe following investments: |
||
| 2021 | 2020 | |
| Pimco Low Average Duration Fund |
20,139 | |
| Jupiter Strategic Bond Fund | 67,331 | 102,068 |
| Newton Growth and Income Fund |
298,716 | 247,769 |
| Henderson UK Equity Income &Growth Fund |
173,805 | 140,433 |
| HSBCMSCI World ETF | 122,899 | 89,405 |
| Vanguard FTSE250UCITS ETF | 43,590 | 31,802 |
| 2021 | 2020 | ||
|---|---|---|---|
| f | |||
| Other | debtors | 13,076 |
| NALYSIS | OF~ABL | EFUNDS | ||||
|---|---|---|---|---|---|---|
| At | At | |||||
| 1September | Gains and | 31August | ||||
| 2020 | Income | Expenditure | Losses | 2021f | ||
| Unrestricted | Fund | 660,264 | 41,483 | (99,510) | 129,804 | 732,041 |
| Restricted Fund | 35,010 | 2,545 | (28435) | 9,320 | ||
| 695,274 | 44,028 | (127,745) | 129,804 | 741,361 | ||
| At | At | |||||
| 1September | Galas and | 31August | ||||
| 2019 | Income f |
Expenditure f |
Losses f. |
2020f | ||
| Unrestricted | Fund | 724,547 | 49,506 | (78302) | (35,487) | 660,264 |
| Restricted Fund | 44,347 | (9337) | 35,010 | |||
| 724,547 | 93,853 | (87,639) | (35,487) | 695,274 |
| NALYSIS OF NET ASSETSBETW | EEN FUNDS | ||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| Funds | Funds | 2021f | |
| Investments | 706441 | 706,341 | |
| Current assets | 25,700 | 9,320 | 35,020 |
| Net assets | 7332)041 | 9,320 | 741361 |
| Unrestricted | Unrestricted | ||
| Funds f. |
Funds | 2020f | |
| Investments | 631,615 | 631,615 | |
| Current assets | 28,649 | 35,010 | 63,659 |
| Net assets | 660,264 | 35,010 | 695774 |