2021-08-31-accounts - Tunbridge Wells Grammar School For Boys School Fund

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	Names ofthe cha	rity trustees who mana	ge the charity
	Trustee name	Office (ifany)	Dates acted ifnot for whole ear	Name to a	of person (or body) entitled oint trustee ifan
1	Ms A Simpson	Headteacher
	Mr N Brooks-	Chair of Committee
	Johnson
	Mr K Ditcham	Vice Chair of
		Committee
	Mrs T Guarnori-
	Harris
5	Mr R Hughes		1.09.2020 —30.11.2020
	Mrs L Pollini-
	Kommu
7	Mrs D Talbot
8
9
10
11
12
13
14
15
16
17
18
19
20

					To advance	To advance	the education	the education	of pupils	of pupils	in Tunbridge	in Tunbridge	Wells Grammar	Wells Grammar	Wells Grammar	Wells Grammar	School	School
					for Boys by		providing and		assisting		in the	provision		of	facilities	and
Summary	ofthe objects			ofthe	improving	the educational			experience for			pupils	at	the	school.
charity set out in its
governing	document
					In improving		the educational			experience		and providing			and assisting			in
					the provision		offacilities	for		the education		of pupils		at	Tunbridge		Wells
					Grammar	School for Boys,				the Trustees		kept in	mind the Charity
					Commission's guidance			on		public	benefit.
					During the	year the Charity				supported school educational trips,						maths
					workbooks,		laptops to assist with home schooling,							and sports
					competitions.
					In addition,		the all-weather			sports	pitch which was			constructed		in the
					summer of2010required				a	replacement		carpet	which		was completed
					during August 2021.
Summary	ofthe main
activities	undertaken		for	the
public benefit in relation				to
these objects (include			within
this section		the statutory
declaration		that trustees		have
had regard		to the guidance
issued by	the Charity
Commission		on public
benefit)

~ ~		~ ~ ~	~ ~ ~
Summary ofthe main achievements ofthe charity during the year	The Charity improve the above.	continued to provide additional educational facilities and educational experience for pupils in 2020/21 as detailed
	The Charity	also continued fundraising for a new Sixth	Form Centre.
	Construction	ofthe Centre is now in progress with an	anticipated
	completion	date of February 2022

		Charity Name: Tunbridge	Charity Name: Tunbridge	Charity Name: Tunbridge	Charity Name: Tunbridge	Charity Name: Tunbridge	Wells Grammar	Wells Grammar	School fo	School fo	Charity
											(if any)	1119646
						Annual		accounts	for the		eriod		CC17a
		Period	start	date			01	092020	To		Period end date	31.08.2021
									Restricted
Recommended		Details		of	own	e	Unrestricted		income		Endowment	Total this	Total last
categories by activity			analysis			z		funds	funds		funds	year	year
									E		E	E	F
Incoming resources	(Note 3)							F01	F02		F03	F04	F05
Incoming resources from
generated funds
Voluntary income						S01		87,884		435		88319	52,879
Activities for generating funds						S02		1,750	224,063			225,813	147,520
Investment income						S03		203				203	455
Incoming resources from
charitable activities						S04		227,611				227,611	216,007
Other incoming resources						S05		1,403				1,403
Totalincoming resources						sos		318,851	224,498			543,349	416,861
Resources expended	(Notes 4-8)
Costs of Generating Funds
Costs ofgenerating voluntary
income						S07
Fundraising trading costs						Sos							1,633
Investment management costs						S09		2,590				2 590
Charitable activities						S10		437,411	79,653			517,064	303,233
Governance costs						S11		1,620				1,620	1,620
Other resources expended						S12		1,400				1,400
Total resources expended						S13		443,021	79	653		522,674	306,486
Net incoming/(outgoing)		resources			before
				transfers		S14		124,170	144,845			20,675	110,375
Gross transfers between funds						S15
Net incomingl(outgoing)		resources			before
other recognised			gains/(losses)			s15		124,170	144	845		20,675	110,375
Other recognised gainsl(losses)
Gains and losses on revaluation			offixed assets
for the charity's own use						S17
Gains and losses on investment			assets			S1S
Net	movementin				funds	s19		124,170	144,845			20,675	110,375
Total funds brought	forward					S20		376,784	217,174			593,958	483,583
Total funds carried				forward		s21		252,614	362,019			614,633	593,958

~	a				0
									Restricted
						9	Unrestricted		income	Endowment	Total	this	Total last
						OZ	funds		fundsf	funds	year			year
Fixed assets							F01		F02	F03	F04			F05
Tangible assets			(Note 9)			B01
						B02
Investments			(Note 10)			B03
		Total fixed assets				B04
Current assets
Stock and work in		progress				B05
Debtors			(Note 11)			B06							294,776
(Short term)	investments					B07
Cash at bank and		in hand				B08	616,610				616,610		576,333
		Total	current assets			Boo	616,610				616,610		871,109
Creditors:	amounts falling			due within
one year	(Note 12)					B10	1,977					1,977	277,151
Nef currenf assefsl(liabilities)						B«614,633					614,633		593,958
Total assets less currenf liabiliti'es						B12	3					,6 3	593,958
Creditors:	amounts falling			due after
one year		(Note	12)			B13
Provisions	for liabilities		and charges			B14
				Net assets		B15	614,633				614,633			593,958
Funds ofthe Charity
Unrestricted	funds					B16	252,614				252,614			376,784
						B17
Restricted	income	funds (Note 13)				B18			362,019		362,019			217,174
Endowment	funds	(Note	13)			B19
				Tofal funds		B20	252,614		362,019		614,633			593,958
Signed by one or two the trustees		trustees on behalf			of all		Signat	e		Print Name			Date of a roval
										+~ic.x—	WWLo~		(4.ii II
													i(.. Ii.~l

Note 2			Accounting policies	Accounting policies	Accounting policies
This standard list ofaccounting					policies has been applied by the charity except forthose deleted. Where a different				or
additional policy has been			adopted then this is detailed in the box below.
INCOMING RESOURCES
Recognition	of incoming				These are included in the Statement of Financial Activities (SoFA) when:
resources					~ the charity becomes entitled to the resources;
					~ the trustees are virtually certain they will receive the resources; and
					~ the monetary value can be measured with sufficient reliability.
Incoming resources with					Where incoming resources have related expenditure (as with fundraising or contract income)
related expenditure					the incoming resources and related expenditure are reported gross in the SoFA.
Grants and donations					Grants and donations are only included in the SoFA when the charity has unconditional
					entitlement to the resources.
Tax reclaims	on donations				Incoming resources from tax reclaims are included in the SoFA at the same time as the	gift			to
and gifts					which they relate,
Contractual	income and				This is only included in the SoFA once the related goods or services have been delivered.
performance	related grants
Gifts in kind					Gifts in kind are accounted for at a reasonable estimate oftheir value to the charity or the amount actually realised.
					Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or
					distributed by the charity.
					Gifts in kind for use by the charity are included in the SoFA as incoming resources when
					receivable.
Donated services and					These are only included in incoming resources (with an equivalent amount in resources
facilities					expended) where the benefit to the charity is reasonably quantifiable, measurable and material.
					The value placed on these resources is the estimated value to the charity of the service	or
					facility received.
Volunteer help					The value of any voluntary help received is not included in the accounts but is described trustees' annual report.		in		the
Investment	income				This is included in the accounts when receivable.
Investment	gains and	losses			This includes any gain or loss on the sale of investments and any gain or loss resulting	from
					revaluing investments to market value at the end ofthe year.
EXPENDITURE		AND		LIABILITIES
Liability recognition					Liabilities are recognised as soon as there is a legal or constructive obligation committing			the
					charity to pay out resources.
Governance	costs				Include costs of the preparation and examination of statutory accounts, the costs of trustee
					meetings and cost of any legal advice to trustees on governance or constitutional matters,
Grants with	performance				Where the charity gives a grant with conditions for its payment being a specific level of	service
conditions					or output to be provided, such grants are only recognised in the SoFA once the recipient		ofthe
					grant has provided the specified service or output.
Grants payable without					These are only recognised in the accounts when a commitment has been made and there				are
performance	conditions				no conditions to be met relating to the grant which remain in the control of the charity.
Support Costs					Support costs include central functions and have been allocated to activity cost categories				on a
					basis consistent with the use of resources, eg allocating property costs by floor areas, or			per
					capita, staff costs by the time spent and other costs by their usage.
ASSETS
Tangible fixed assets		for use			These are capitalised if they can be used for more than one year, and cost at least 8500,			They
by charity					are valued at cost or a reasonable value on receipt.
Investments					Investments quoted on a recognised stock exchange are valued at market value at the	year
					end. Other investment assets are included at trustees' best estimate of market value.
Stocks and	work in progress				These are valued at the lower ofcost or market value.
POLICIES ADOPTED
ADDITIONAL		TO	OR
DIFFERENT FROM		THOSE
		ABOVE

Note 3		Analysis of incoming	Analysis of incoming	Analysis of incoming	resources	resources
Incoming	resources may	be further analysedif			this would help the reader		ofthe	accounts.
								This year	Last year
						Analysis		F	E
Voluntary	income		Parental	Donations to School Funds				53,826	37,014
			Gift Aid	Tax Re	a ments			34,023	15,515
			Donations to Pitch					435	350
			Other					35
			Le acies
							Total	88,319	52,879
Activities	for generating	funds	School	Photographs				984	1,162
			Libra	Fundraisin				932
			PE Fundraisin					175
			Other					766	863
			External	Fundraisin		- Sixth Form Centre		222,956	145,495
							Total	225,813	147,520
Investment	income		Investment Interest					203	455
							Total	203	455
Incoming	resources from		Clubs
charitable	activities		Duke of Edinbur		h			26,130	4,000
			Miscellaneous					10,446	17,272
			Music					20	1,025
			Resources					26,169
			Sports					4,760	236
			Student	Support
			Theatre	Trips				1,318	4,463
			Tdps					158,768	189,011
							Total	227,611	216,007

Note 4			Analysis		of	resources expended	resources expended	resources expended	resources expended
Resources	expended		may be further			analysed			ifthis would	help the reader ofthe	accounts.
											This year	Last year
									Analysis		E	E
Costs ofgenerating
voluntary	income
										Total
Fundraising		trading	Parentmail								2,590	1,633
costs
										Total	2,590	1,633
Investment
management		costs
										Total
Charitable	activities		Affiiliation	fees/Com				etition Fees
			Clubs								87	38
			Duke of Edinbur				h				25,006
			Minibus									8,317
			Miscellaneous								25,215	12,684
			Music								633	1,719
			Resources								18,012
			S orts								10,940	4,301
			Student Su			ort						6,347
			Theatre Tri		s						2,494	3,435
			Student travel			cards
			Other Tri	s							190,127	186,300
			Insurance
			Duke of Edinbur				h					5,538
			Books
			IT ro'ects									58,132
			PTA								1,400
			Sixth Form		Centre						76,411	16,367
			Parentmal		and Bank			char es				55
			3G Pitch Car			et					168,139
										Total	518,464	303,233
Governance		costs	Audit Char		e						1,620	1,620
										Total	1,620	1,620

Su	ort	costt	e	Fundraising f	activity	Charitable f	Activity	Governance	Activity	Total	Cost
			Total

This year	Last year
none	none

services pr appropriate	ovided by yo box(es).	urindepe	ndent examiner orau	ditor. Ifnoth	ing was paid	please e	nter NONEin
					This year		Last year
Independent	examiner's	or auditors' fees for reporting		on the
accounts						1620	1620
Other fees	(for example:	advice,	consultancy, accountancy
services) paid to the independent			examiner or auditor

grants
					Grants to		Grants to
					institutions		individuals
Purpose	for	which	grants	made	Total amount	E	Total amount	E

ions s	u	orted.
Names	of	institutions	Purpose			Total amount of grants paid E
			Total	grants	toinstitutions

Note 9			Tangible	Tangible	fixed assets
Please complete		this	note ifthe charity has any tangible fixed				assets
9.1 Cost or	valuation
			Freehold	land	Other land &	Plant,	Fixtures,	Payments	on	Total
			&buildings		buildings	machinery	fittings and	account	and
						and motor	equipment	assets under
						vehicles		construction
Balance brought
forward
Additions
Revaluations
Disposals
Transfers *
Balance carried
forward
9.2 Accumulated		depreciation		and	impairment provisions
	"*Basis		SLor	RB	SLor RB	SLor RB	SLor RB	SLor RB
	**Rate
Balance brought
forward
Depreciation	charge
for year
Impairment	provisions
Revaluations
Disposals
Transfers"
Balance carried
forward
9.3 Net book value
Brought forward
Carried forward

Carrying (market) value at beginning ofyear
Add: additions to investments at cost
Less: disposals at carrying value
Add/(deduct)". net gain/(loss) on revaluation
Carrying (market) value at end ofyear

10.3 A breakdown ofthe income	10.3 A breakdown ofthe income	fro	m	investments	agreeing with SOFA	row S03.
Analysis of investments						10.2	10.3
						Market value at	Income from
						year end	investments	for
							the year
Investment	properties
Investments	listed on a recognised	stock		exchange or held in common
investment	funds, open ended investment			companies,	unit trusts or other
collective investment schemes
Investments	in subsidiary or connected		undertakings		and companies
Securities	not listed on a recognised	Stock Exchange
Cash held	as part ofthe investment	portfolio
Other investments

Note 11	Debtors and prepayments	Debtors and prepayments	Debtors and prepayments
Please complete this noteif		the charity has any	debtors	or	re a	ments.
Analysis ofdebtors				Amounts within		falling due one year		Amounts more	falling due after than one year
				This year		Last year		This year		Last year
					E		E	E		E
Trade debtors
Amounts due	from subsidiary	and associated
undertakings
Other debtors
Prepayments	and accrued income					294,776
			Total			294,776

				Amounts	falling	Amounts	falling due after	falling due after
				within one year		more	than	one year
				This year	Last year	This year		Last year
				E		E		E
Loans and overdrafts
Trade creditors
Amounts	due to subsidiary	and associated
undertakings
Other creditors
Accruals	and deferred income			1,977	277,151
			Total	1,977	277,151

Please	give	a brief	description	description	ofany ofthe following	type	type	of	funds held by the	funds held by the	funds held by the	charity:
	~	permanent		endowment funds (PE),"
	~	expendable		endowment funds (EE);and
	~	restricted		income	funds, including special	trusts,			ofthe charity		(R).
	Fund Name			Type PE, EE orR					Purpose	and Restrictions
EXFR					Sixth Form Centre
13.2 Movements			of major funds
Please	give	details	ofthe movements ofthe major funds				summarisedin			the	restricted and endowment
columns of		the Statement of			Financial Activities.
					Fund								Fund
					balances								balances
					brought Incoming		Outgoing					Gains and	carried
					forward resources		resources Transfers					losses	forward
Fund names					f f			f		f		f	f
EXFR					180 593 222 956	-		76,411			874		328,012
		Total Funds			180,593 222,956	-		76,411			874		328,012

other	relat	ed	parties	by	the charity	orany in	stitution or com	with it.
								Amounts	paid or benefit value
	Name	of	trustee	or	connected	party	Legal authority (eg order, governing document)	This year		Last year
								F		F
None

				Amount	owing
		Name oftrustee or connected party	Legal authority	This year F	Last	year F
Due to trustees	and	None
related parties
Due from trustees
and related parties

related	party has a mate	rial interest.
Name	ofthe trustee	Relationship	to	Description	ofthe	This year	Last year
or	related party	charity		transaction(s)			F
None