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|Reference and Adminisnative<br>Details|
|---|
|Trustees'<br>Annual Report|
|Independent<br>Examiner's<br>Report to the Trustees|
|Statement ofFinancial Activities|
|Balance Sheet|
|Notes to the Financial<br>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||||





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||||2021|2021|2021|2020|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
|||Note|Fundsf|Funds|Funds|Funds|
|INCOME AND EXPENDITURE|||||||
|Donations<br>and legacies|||30,675|2,545|33,220|82,913|
|Investment<br>income|||10,808||10,808|10,940|
|Total income|||41,483|2,545||93,853|
|EXPENDITURE|||||||
|Expenditure<br>on charitable<br>activities||6,7|(99,510)|(28,235)|(127,745)|(87,639)|
|Total expenditure|||(99,510)|(28,235)|(127,745)|(87,639)|
|Net gains/(losses)<br>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<br>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|





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||||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|





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||IJnrestrlcted|Restricted|Total|Total|
|---|---|---|---|---|
||Funds|Funds|Funds|Funds|
||2021f|2021<br>0|2021<br>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|



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|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|



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|||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|





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|||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|



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|||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)|



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|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|



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|he investments<br>are analysed<br>as follows:|||
|---|---|---|
||2021f|2020f|
|UK quoted securities|706341|631,315|
|he investment<br>portfolio are made up ofthe following investments:|||
||2021|2020|
|Pimco Low Average Duration<br>Fund||20,139|
|Jupiter Strategic Bond Fund|67,331|102,068|
|Newton<br>Growth and Income Fund|298,716|247,769|
|Henderson<br>UK Equity Income &Growth Fund|173,805|140,433|
|HSBCMSCI World ETF|122,899|89,405|
|Vanguard FTSE250UCITS ETF|43,590|31,802|



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|||2021|2020|
|---|---|---|---|
||||f|
|Other|debtors||13,076|





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|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<br>f|Expenditure<br>f|Losses<br>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|



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|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<br>f.|Funds|2020f|
|Investments|631,615||631,615|
|Current assets|28,649|35,010|63,659|
|Net assets|660,264|35,010|695774|



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