2023-08-31-accounts - Tunbridge Wells Grammar School For Boys School Fund

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g"y| CHARITY COMMISSION FOR ENGLAND AND WALES

Trustees’ Annual Report for the period

From 01.09.2022 Period start date To 31.08.2023 Period end date

Charity name: Tunbridge Wells Grammar School for Boys School Fund

Charity registration number: 1119646

Objectives and Activities

Objectives and Activities	Objectives and Activities	Objectives and Activities
Js oristorenssTT Summary of the purposes of	Para 1.17
the charity as set out in its		To advance the education of pupils in
governing document		Tunbridge Wells Grammar School for
		Boys by providing and assisting in the
		provision offacilities and improving the
		educational experience for pupils at the
		school.
Summary ofthe main fe 1.17 and activities in relation tothose	''°
purposes for the public		and providing and assisting in the
benefit, in particular, the		provision offacilities for the education
activities, projects or		of pupils atTunbridge Wells Grammar
services identified in the		School for Boys,
accounts.		During theyearthe Charity supported
		school education trips, sports
		competition entry and travel, 3G pitch
		improvements anda local school library
		event.
Statement confirming	Para 1.18
whetherthe trustees have		The Trustees have kept in mind the
had regard to the guidance		Charity Commission’s guidance on
issued by the Charity		public benefit.
Commission on public
benefit

Additional information (optional)	Additional information (optional)
You may choose to include further statements where relevant about:
a . Para 1.38 — fe ee
	Para 1.38
Policy on social investment
including program related
investment
	Para 1.38
Contribution made by
volunteers
mm

Achievements and Performance

Renee The Charity continued to provide additional educational facilities and Summary of the main —r improve the educational experience for achievements of the charity, pupils in 2022/2023 as detailed in the identifying the difference the summary of main activities. charity’s work has made to the circumstances of its This support has enhanced the extrabeneficiaries and any wider curricular experience of many students benefits to society as a of not only Tunbridge Wells Grammar whole. School for Boys students but also the wider local school community. In addition, The Charity also continued to receive funds in respect of the Sixth Form Centre. The Centre has made an enormous difference to the educational experience of the KS5 students enabling them to have a suitable study area to maximise their learning potential.

Additional information (optional)
You may choose to include further statements	where relevant about:
Achievements against Para 1.41
objectives set
	The fundraising activities in respect of
Performance of fundraising activities against objectives	Part"
set	Charity.
Investment performance Para 1.41
against objectivesme

Financial Review

Review of the charity’s	Para 1.21	The established annual fundraising
financial position at the end		activities (e.g donations from parents)
of the period		have been sufficient to support the
		normal level of annual extra activities.
Statement explaining the	Para 1.22	Reserves are held for the benefit ofthe
policy for holding reserves		charity beneficiaries.
stating why they are held		Some ofthese are held separately in a
		32-day notice account to maximise the
		interest received.
reserves
Details of fund materially in	Para 1.24
deficit
Explanation of any	Para 1.23	N/A
uncertainties about the
charity continuing as a going
concern

Additional information (optional) You may choose to include further statements where relevant about:

		The Charity’s principal source offunds
The charity’s principal sources offunds (including	Para 1.47
any fundraising)		students.
Investment policy and objectives including any	ls
social investment policy
adopted
A description of the principal	Para 1.46
risks facing the charity
mm

Structure, Governance and Management

Fea trusts:	Fea trusts:	Fea trusts:
(trust deed, royal charter)
How is the charity	Para 1.25	Trust
constituted?
Trustee selection methods	Para 1.25	Trustees will normally be members of
including details of any		the School Governing Body’s
constitutional provisions e.g.		Resources Committee.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Additional information (optional)
You may choose to include further statements		where relevant about:
Policies and procedures seems and training of trustees	fe
The charity’s organisational structure and any wider	Para 1.51
network with which the
charity works
		The Charity has a relationship with
		Tunbridge Wells Grammar School for
Relationship with any	Para 1.51	Boys. A Local Authority Maintained
related parties		School.
		The established annual fundraising
Other		initiatives (e.g., donationsfrom parents)
		are sufficient to support the normal level
		of annual extra activities and facilities.
		All Trustees give theirtime voluntarily
		and receive no remuneration or other
		benefitsfromthecharity.

Reference and Administrative details

|| Othernamethecharityuses||| Othernamethecharityuses|| |---|---| |Charity’s principal address|Tunbridge Wells Grammar School for Boys| ||St John’s Road| ||Tunbridge Wells| ||Kent| ||TN4 9XB| |Cn||

Names of the charity trustees who manage the charity

1[MsASimpson [Headteacher || Johnson [smasr e — [Omrsermes [rece OP 3|MriBuckley | Chairof Commitee || Harris fore | [Reese S{MrSGreen [| Tottt.zoz2 | s[MsLtatimer |_—~—=«édéToaroazoas 7|MsGMuseka «|S CSC~ 8|MrBVijay | | T0200012028 | Shankar] O{MrPDrew | Fromoa.to.zo22, | 10/MrDWass_ | | Fromooa.to.z022 | 11[MrsSMarin | ——~—=——=d From 16052023 | CS 12[MeNGrifitnts | | From 16.05.2028 | a a a a a Wee A a 22 AG GO

Corporate trustees — names of the directors at the date the report was approved TT [Directorname a GC a a a a D

Name of trustees holding title to property belonging to the charity

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a
GO
a
GO
Ce
eG
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Funds held as custodian trustees on behalf of others

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||||||| |---|---|---|---|---|---| |Description|of|the|assets| |held|in|this|capacity| |Name|and|objects|of|the| |charity|on|whose|behalf|the| |assets|are|held|and|how|this| |falls|within|the|custodian| |charity’s|objects| |Details|of|arrangements|for| |safe|custody|and| |segregation|of|such|assets| |from|the|charity’s|own| |assets|

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Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

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Ry
Position (eg Secretary,
Chair, etc)
Date
Warw.23
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|i
CharityNameTunbridgeWellsGramarSchoolforBoys|CharityNo
Sh6h
.
aecanny |
(ifany)
OMMISSION
Annual accounts forthe period
al,
Periodend
Ee
Period startdate
|01.09.2022
date|i
CharityNameTunbridgeWellsGramarSchoolforBoys|CharityNo
Sh6h
.
aecanny |
(ifany)
OMMISSION
Annual accounts forthe period
al,
Periodend
Ee
Period startdate
|01.09.2022
date|||
:
_1119646
|
| 31.08.2023|||CC17a| |---|---|---|---|---|---|---| |Section A
Statement offinancial activities||||||| |:|Restricted|||||| |Recommended
Details ofown
categories byactivity
analysis|g
Unrestricted
income
Endowment
2
funds
funds
funds||Total this
year|||Total last
year| ||£
£
£||£|||£| |Incoming resources (Note 3)
Incoming resources from|FO1
F02
FO3||F04|||FO5| |Voluntaryincome
Activitiesforgeneratingfunds|soi|__
98.204]a80|| aaaea|
$02
2755
56.121P|
58876|||||07.473
75.629| |Incoming resources from|||Le
ee|||| |charitableactivities
Other incomingresources|$04
640,979
112
$05
2,760Po]||641,091
: : 2,760|||301,438
2,403| |Totalincomingresources|soe
(37,207
|.
se5i3
|||793,790||||477,086.| |Resources expended (Notes 4-8)||||||| |Costs ofgenerating voluntary||||||| |income|S07|||||| |Fundraisingtradingcosts|es
6596Po||: 6596|||2524| |Charitableactivities
Crawerreafib’2681s
Otherresourcesexpended
Totalresourcesexpended
Netincoming/(outgoing)resourcesbefore
transfers
Grosstransfersbetweenfunds|sio}
595,830
45,953 fF
641,783|
714,087
S11
ve5{|e|
1,656
1,620
$12aa
22,595| |
22,595.
2,406
s13|__604,082|
_68,548|
~~ - ~+| 672630|
720.637
oe
ee
si4|
133,195
|=
12,035|
121,160 |- .243,551
od i|||||| |Netincoming/(outgoing) resourcesbefore
other recognised gains/(losses)|ee
:
:oe
ale ee : ft
sis| 133,195
|-.
12,035
=
| .121,160|||||-|Hes
243,551.| |Other recognised gains/(losses)||||||| |Gainsand losses on revaluation offixed assets
forthe charity'sown use|S17||oe
ee|||| |Netmovementinfunds
Totalfunds broughtforward
Totalfunds carriedforward|si9|
133,195|-
12,035poo
soo}
310,021]
61,061]~-|
sz1|__443,216|
_49,026|—-~+|||121,160
371,082]
492.249||-||243,551
614.633
371,082|

CC17a (Excel)

13/11/2023

Section B

Balance sheet

		Restricted
	g	Unrestricted income Endowment Totalthis Total last
	s	funds funds funds year year
		£ £ £ £ £
Fixed assets Tangible assets (Note9)		of pz
Totalfixedassets Current assets Stockandworkinprogress Debtors (Note 11) (Shortterm)investments Cash atbankand inhand Totalcurrentassets	os es B06 oe B08 Boo	[T=fe ee a Ee 23,277
Creditors: amounts falling due within
one year (Note 12)	B10	62,421 62,421 91,463
Net current assets/(liabilities)	311	492,242
Totalassetslesscurrentliabilities	312	B82eee
Creditors: amounts falling due after
one year (Note 12)	B13
Netassets	B15	[
Funds ofthe Charity
Unrestricted funds Restricted incomefunds (Note 13) Endowmentfunds (Note 13)	B16 ev B18 Bt9	430,141 430,141 310,021 [
Totalfunds	B20	430,141
Signed byoneortwotrustees on behalfofall the trustees		Signature PrintName Dateof approval
PMD A Simeon Ie M1.23 Prpes	?dew [iy 23

CC 17a (Excel)

13/11/2023

Section C

Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities.

1.1 Basis of accounting

These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:

Accounting and Reporting by Charities - Statement of Recommended Practice (SORP 2005);

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* and with Accounting Standards;
or f Financial Reporting Standards for Smaller Enterprises (FRSSE);
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and with the Charities Act.

** except for the following].

Give details in this box if a different standard has been followed.

-Tick as appropriate:

° if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”;

e if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick “Financial Reporting Standards for Smaller Enterprises (FRSSE)”.

** ~ If no departures from the chosen standards have been made then delete these words; otherwise give details of any changes in the boxes.

1.2 Change in basis of accounting

There has been no change to the accounting policies (valuation rules and methods of accounting) since last year (§ except for the following).

Give details in this box of any material changes that have been made.

§ if no changes have been made to accounting policies then delete these words.

1.3 Changes to previous accounts

No changes have been made to accounts for previous years (§§ except for the following).

Give details in this box of any material changes that have been made.

§§ if no changes have been made to accounts for previous periods then delete these words.

CC 17a (Excel)

13/11/2023

(cont)

Section C Notes to the accounts Note 2 Accounting policies

Note 2 Accounting policies	Note 2 Accounting policies
Thisstandardlistofaccountingpolicies hasbeen appliedbythe charityexceptforthose deleted. Wherea differentor additionalpolicyhasbeenadoptedthen this is detailedin theboxbelow.
INCOMING RESOURCES
Recognition ofincoming	These are included in the Statement of Financial Activities (SoFA)when:
resources	e the charity becomes entitled to the resources;
	e the trustees are virtually certain they will receive the resources; and
	e the monetary value can be measured with sufficient reliability.
Incoming resourceswith related expenditure	Where incoming resources have relatedexpenditure (as with fundraising orcontractincome) the incoming resources and related expenditure are reported gross in the SoFA.
Grantsand donations	Grants and donations are only included in theSoFAwhen the charity has unconditional
	entitlement to the resources.
Tax reclaimson donations and gifts	Incoming resources from taxreclaims are included in theSoFAatthesametime asthe gift to which they relate.
Contractual incomeand	This is only included in theSoFAonce the related goods orservices have been delivered.
performance related grants
Gifts in kind ms!	Gifts in kind are accounted for ata reasonable estimate oftheirvalue to the charityor the amount actually realised.
	Gifts in kind forsale or distribution are included in the accounts as gifts onlywhen sold or distributed by the charity.
	Gifts in kind foruse bythe charity are included in theSoFAas incoming resourceswhen
	receivable.
Donated servicesand facilities	These are only included in incoming resources (with an equivalentamount in resources expended) wherethe benefit tothe charity is reasonably quantifiable, measurableand material.
	The value placed on these resources is the estimated value to the charity ofthe service or facility received.
Volunteer help	The value ofanyvoluntary help received is notincluded in the accounts but is described in the ; trustees’ annual report.
Investment income	This is included in the accountswhen receivable.
Investmentgainsand losses	This includes anygain or loss on thesale ofinvestmentsandanygain or loss resultingfrom revaluing investments to marketvalue attheend ofthe year.
EXPENDITUREAND	LIABILITIES
Liability recognition	Liabilities are recognised as soon as there is a legal orconstructive obligation committing the charity to pay out resources.
Governance costs	Include costs ofthe preparation and examination of statutory accounts, the costs oftrustee
	meetings and cost ofany legal advice to trustees on governance or constitutional matters.
Grants with performance conditions	Where the charity gives a grantwith conditions for its payment being a specific level ofservice oroutputtobe provided, such grants are only recognised in theSoFAoncethe recipientofthe granthas provided the specified service or output.
Grants payablewithout	These are only recognised in the accountswhen a commitment has been made and there are
performance conditions Support Costs	no conditions to bemet relating to the grantwhich remain in the control ofthe charity. Supportcosts include central functions and havebeen allocated to activity costcategoriesona basis consistentwith the use ofresources, eg allocating property costs byfloor areas, orper capita, staffcosts bythe timespentand othercosts by their usage.
ASSETS
Tangible fixed assets foruse by charity	These are capitalised iftheycan be used formore than oneyear, and cost at least£500. They arevalued atcost ora reasonable value on receipt.
Investments	Investments quoted on a recognised stockexchange arevalued atmarketvalue attheyear
	end. Other investment assets are included attrustees' best estimate ofmarket value.
Stocksand work in progress	These are valued at the lower of cost ormarket value.
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM THOSE
ABOVE

CC 17a (Excel)

13/11/2023

Section C

Notes to the accounts

(cont)

Note 3 Analysis of incoming resources

Incoming resources may be further analysed if this would help the reader of the accounts.

	This year Lastyear
	Analysis £ £
Voluntary income	Parental Donations to School Funds 62,193 47,132
	GiftAid Tax Repayments 24,130 50,020
	Donations to Pitch
	1.881]
Activities forgenerating funds	School Photographs 1,628 1,525
	Sixth form Centre donation towards computers 1,382 8,000 GatwickAirport Community Trust Po 2,660 Donation to Inclusion Department 1,000 (Other —“‘“C;C™SC‘C 1,128 1,148 External Fundraising - Sixth Form Cenre 54,193 61,296 a
	Total] 58,876 75,629
Investmentincome	a Investment Interest 2,579
	Totall 2,579
Incomingresourcesfrom = [Clubs CC—“‘zRSOO”C”CSSCOC“‘CNSCCN“‘Ci charitable activities [Drama tC“‘@LSCOCéZ#([C Cd Duke ofEdinburgh 52,229 27,240 Media CC—“‘iLSOCC#C(C#‘éAZ@zOSCS Misc CC 24,490 15,054 Music C~C~CizC 3,453 21,916 16,830
	5,480 [TheatreTrips Cd 25,300 12,573 Trips SC~isdz 511,212 221,263 Welfare C—“‘CsrLSOC(‘(C(NCC” 1,260 Total] — 641,091 301,438.

CC17a (Excel)

13/11/2023

Notes to the accounts

(cont)

Section C

Note 4 Analysis of resources expended Resources expended may be further analysed if this would help the reader of the accounts.

	This year Lastyear
Costsofgenerating	voluntaryincome
Fundraising trading costs	6,596 2,524 Bank Interest es es a a
	Total] 6,596 2,524
Investment managementcosts	a fe ™—“sCSCSrSCSC“C(NSCNSONSC(‘(#Y(CSS es ne)ey Total
Charitable activities	[Clubs C‘“S™SC‘z 1,255 Competition/Affiliation a) Drama C(“‘CNOCCO(OCOCOCOC#@AYC“#(‘“‘#’#UN(N J Duke ofEdinburgh 49,700 26,684 Meda ti“‘“‘CSCOCrLCOCOCésTRQCSSC“‘C®SSCTCCN#SCS Minibus CSC—isz” 1,001 Misc C—“‘“S*™S™SCSCSCSY 26,405 24,316 Music C—C“‘“CSCS 2,476
	17,301 19,041 Sports C—C“‘~SCSCS 11,602 12,930 Theatre Trips 20,535 10,929 Trips C™~—C~s‘CSCSdYCSCéS9,486 212,228 Welfare C—“‘SS:C~SsrSSCi‘“‘CSCU 1,230 TProjects ee C—“—é‘~drSC“‘“(SNC#dsN 14,018 PTA 2,643 2,406 Sixth Form Centre
	— 641,783
Governance costs	a AuditCharge 1,656 1,620
	TotalTe

CC 17a (Excel)

13/11/2023

(cont)

Section C Notes to the accounts

Note 5 Support Costs Please complete this note if the charity has analysed its expenses using activity categories and has support costs.

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|||||||||| |---|---|---|---|---|---|---|---|---| |Support|cost|type|Fundraising£|activity|Charitable£ Activity|| Governance£|Activity|Total£ Cost| |BE|Ce|ee|ee|

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Note 6 Details of certain items of expenditure

6.1 Trustee expenses

Please provide details of the amount of anypayment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter ‘None’ in the appropriate box(es).

Number of trustees who were paid expenses

6.2 Fees for examination or audit of the accounts

Please provide details of the amount paid for any Statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es).

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|||||||| |---|---|---|---|---|---|---| |Independent|examiner’s|or auditors' fees|for reporting|on|the| |accounts| |Other fees|(for example:|advice,|consultancy,|accountancy| |services)|paid|to|the|independent|examiner|or auditor|

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|||| |---|---|---| |This|year|Last year| |£|£| |1656|1620|

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CC17a (Excel)

13/11/2023

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Section C Notes to the accounts (cont)
Note 7 Paid employees
Please complete this note if the charity has any employees.
7.1 Staff Costs
This year Last year
£ £
Gross wages, salaries and benefits in kind ee
Employer's National Insurance costs se
Total staff costs|J on ee
7.2 . . , This year Last year
Average number of full-time equivalent employees in the year Number
The parts of the charity in whichthe = [Fundraising [CC PCOC~CS=CS”
employees work Charitable Activities [7 TE Cd
Govemance Ed
ote Total
7.3 Defined contribution pension scheme
Please complete if a defined contribution pension scheme is operated.
— ee
This year Last year
£ £
The costs of the scheme to the charity for the year a
The amount of any contributions outstanding at the year end ee
The amount of any contributions prepaid at the year end ee
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CC 17a (Excel)

13/11/2023

(cont)

Section C

Note 8

Grantmaking

Notes to the accounts

Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.

8.1 Total value of grants

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||||||||| |---|---|---|---|---|---|---|---| |Grants|to|Grants|to| |institutions|individuals| |Purpose for which|grants|made|Total amount|£|||Total amount|£| |Totally|ee|

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8.1 Grantmaking costs

If the charity’s accounts are prepared on the “activity basis” please give details of any Support cost associated with grantmaking. Please enter “Nil” if the charity does not identify and/or allocate Support costs.

Support costs of grantmaking

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les
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8.3 Grants made to institutions

If the charity has made grants to particular institutions that are material in the context of its grantmaking please give details of the institution supported, purpose of the grant and total paid to each institution listed. Sufficient information should be given to provide a reasonable understanding of the range of institutions supported.

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|||| |---|---|---| |Names of institutions|Purpose|Tefal amour “a| |grants|paid|£|

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Total grants to institutions oe

CC17a (Excel)

13/11/2023

Section C Notes to the accounts

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(cont)
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Note 9 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets

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|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |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| |Balance|carried|oe|-| |forward|oe| |9.2 Accumulated|depreciation|and|impairment|provisions| |*Basis||SL|or RB|SL|or RB|SL|or RB|SL|or RB|SL|or RB| |“Rate?TE| |Balance brought| |forward| |Depreciation|charge|oe|-| |for year|ce|ee| |Balance|carried|ae| |forward|ae|:| |9.3|Net|book|value| |poutttowed|=P|i|i|es| |Camedfoward|Ueee|ee| |9.4|Revaluation| |If|any fixed assets have been revalued please give|details|of the|valuer and method of valuation|

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The "transfers" row is for movements between fixed asset categories.

“ Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction.

CC 17a (Excel)

13/11/2023

(cont)

Section C

Notes to the accounts

Note 10 Investment assets

Please complete this note if the charity has any investment assets.

10.1 Fixed assets investments

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||||| |---|---|---|---| |Carrying|(market) value|at beginning|of year| |Add:|additions to|investments|at cost| |Less:|disposals at carrying|value| |Add/(deduct):|net gain/(loss)|on|revaluation| |Carrying|(market) value|at end|of year|

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£
Fm
Poe
fe
fF |
eo ea
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Please provide below:

10.2 A breakdown of the market values of investments shown above agreeing with the balance sheet row B03.

10.3 A breakdown of the income from investments agreeing with SOFA row S03.

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |Analysis|of|investments|10.2|10.3| |Market|value|at||Income|from| |year|end|investments|for| |the year| |£|£| |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|ae|ee| |Securities|not listed on a recognised Stock Exchange|a| |Cash held as part of the investment portfolio|a|ee| |TollEE|

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10.4 Material investment holdings

If any single investment is material in terms of its value (for example represents more than 5 per cent of the value of the charity’s total investments) please provide details.

Investment held

Market Value

CC17a (Excel)

13/11/2023

(cont)

Section C

Notes to the accounts

Note 11 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

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: Amounts falling due Amounts falling due after
Analysis of debtors says
within one year more than one year
This year Last year This year Last year
£ £ £ £
Trade debtors es es ee ee
Amounts due from subsidiary and associated
undertakings
Other debtors es es ee ee
Prepayments and accrued income 23,277.0 38,732.0 i a
Total 23,2770[ 38,7820
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Note 12 Creditors and accruals

Please complete this note if the charity has any creditors or accruals. 12.1 Analysis of creditors

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Amounts falling due |Amounts falling due after
within one year more than one year
This year Last year This year Last year
£ £ £ £
Loans and overdrafts es es ee ee
Trade creditors es es es ee
Amounts due to subsidiary and associated
undertakings
Other creditors es es ee ee
Accruals and deferred income 62,421 91,463 i i
a ee ee
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12.2 Security over assets

If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.

CC 17a (Excel)

13/11/2023

(cont)

Section C

Notes to the accounts

Note 13 Endowment and restricted income funds Please complete this section if the charity has any endowment or restricted income funds.

13.1 Funds held

Please give a brief description of any of the following type of funds held by the charity: @ permanent endowment funds (PE); @ expendable endowment funds (EE); and e restricted income funds, including special trusts, of the charity (R). Fund Name Line, EE Purpose and Restrictions EXFR | = R ___|Sixth Form Centre

13.2 Movements of major funds

Please give details of the movements of the major funds summarised in the restricted and endowment columns of the Statement of Financial Activities.

		Fund				Fund
		balances				balances
		brought	Incoming	Outgoing	Gainsand	carried
		forward	resources		resources	Transfers
		£	£	£ £	£	£
EXFR		29,192	54,383	-	21,474ee	ee
	TotalFunds		29,192	54,383	-	21,474]=P

13.3 Transfers between funds
Pleasegive details ofanytransfersbetween funds.
FromFund(Name)	ToFund(Name)

CC 17a (Excel)

13/11/2023

(cont)

Section C

Note 14

Notes to the accounts

Transactions with related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in note 6) details of such transactions should be provided in this note. If there are no transactions to report, please enter “None” in the relevant boxes.

14.1 Remuneration and benefits

Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee or other related parties by the charity or any institution or company connected with it.

Nameoftrusteeorconnected	party	Lagal authortty ¢ 4 e al authority (eg order, governingdocument)	Amounts paid or benefitvalue : Thisyear Lastyear
			£ £

14.2 Loans

Please give details of and amounts owing to or from the charity’s trustees or other related parties by the charity at the year end.

	: Thisyear	Lastyear
	£	£
Due to trustees and
related parties
Due from trustees
andrelatedparties

14.3 Other transaction(s) with trustees or related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a trustee or related party has a material interest.

Name ofthetrustee	Relationship to	Description ofthe	Thisyear	Lastyear
orrelatedparty	charity	transaction(s)	£	£

CC17a (Excel)

13/11/2023

(cont)

Section C

Note 15

Notes to the accounts

Additional Disclosures

The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.

CC17a (Excel)

13/11/2023

TUNBRIDGE WELLS GRAMMAR SCHOOL FOR BOYS SCHOOL FUND

INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF THE TUNBRIDGE WELLS GRAMMAR SCHOOL FOR BOYS SCHOOL FUND

Opinion

We have audited the financial statements of the Tunbridge Wells Grammar School for Boys School Fund (the ‘charity') for the year ended 31 August 2023, which comprise the Statement of Financial Activities, Balance Sheet, and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is United Kingdom Accounting Standards, comprising Charities SORP - FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and applicable law (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

give a true and fair view of the state of the charity's affairs as at 31 August 2023 and of its results for the year then ended;
¢ have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
¢ have been prepared in accordance with the requirements of the Charities Act 2011.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report

Other information

The trustee is responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

TUNBRIDGE WELLS GRAMMAR SCHOOLFOR BOYS SCHOOL FUND

INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF THE TUNBRIDGE WELLS GRAMMAR SCHOOL FOR BOYS SCHOOL FUND

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustee's Report. We have nothing to report in respect of the following matters where the Charities Act 2011 requires us to report to you if, in our opinion:

adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
¢ the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of trustee remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.

Responsibilities of trustee

As explained more fully in the Statement of Trustee Responsibilities [set out on page 2], the trustee is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustee determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustee is responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustee either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

The detection of fraud and irregularities is a primary consideration of the audit planning and is carried through to the audit completion stage. A risk assessment and preliminary analytical review is undertaken at the planning stage and areas of concern are then built into the audit strategy and testing to ensure sufficient procedures and evidence is obtained to give comfort that material irregularities and potential instances of fraud are detected where possible.

The audit team is briefed regarding any areas or concern, the potential audit risks and consequential impact. The audit team remained vigilant throughout their work and made enquiries of key management and finance personnel throughout. Tunbridge Wells Grammar School for Boys School Fund finance personnel were consulted on any known or suspected breaches in laws and regulations along with misappropriation of funds at both the planning and completion stages of the audit. Due consideration was given to the possible use of management override and this was built into our audit strategy.

SCHOOL FOR BOYS SCHOOL FUND

INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF THE TUNBRIDGE WELLS GRAMMAR SCHOOL FOR BOYS SCHOOL FUND

The purpose of the preliminary analytical review of the financial statements is to highlight any possible areas of concern to investigate whether the variance is expected or unexpected, based on the information obtained as part of the planning process and the current climate the charity is operating under.

Relevant audit tests had then been planned to obtain supporting documentation to ensure that they are within the charitable objectives and no misappropriation of funds by way of fraud, or misstatements. Latest accounts disclosure checklists available are also completed to ensure the accounts comply with the latest reporting framework that is applicable to the charity.

There are aspects of the audit which are deliberately unpredictable to assist in the detection of irregularities, such as varying how we test items which are more susceptible to fraud, year on year and by incorporating systematic sampling over the populations tested.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charity trustee, as a body, in accordance with section 144 of the Charities Act 2011 and regulations made under section 154 of that Act. Our work has been undertaken so that we might state to the trustee those matters we are required to state to trustee in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its trustee as a body, for our audit work, for this report, or for the opinions we have formed.

For and on behalfofManningtons, Statutory Auditor

39 High Street

Battle East Sussex TN33 OEE

Date:.15.11.230. eeeeeeeeeee

Manningtons Chartered Accountants is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.