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|Trustees and Advisers||
|Report ofthe Trustees|3-5|
|Statement ofTrustees' Responsibilities||
|Report ofthe Auditors|7-9|
|Statement ofFinancial Activities|10|
|Balance Sheet||
|Statement ofCashflowe|12|
|Accounting
Policies|13|
|Notes tothe Financial Statements|14-17|
|Board ofTrustees of|Board ofTrustees of|the Company|the Company|Dermot Collins||
|---|---|---|---|---|---|
|||||Joshua Desouza||
|||||Nicholas Kehoe||
|||||Steven Keogh||
|||||Matthew
Lorenzo {Resigned 31 August 2020)||
|||||Andrew Ndoca||
|||||Francis McGettigan OBE||
|||||Sean McWeeney||
|||||Anthony
Mars||
|||||Anthony
Murphy||
|||||Scott Price||
|||||Liam Sparks (appointed|20 September 2020)|
|||||Paul Stubbings||
|Foundation|Director|||Nicholas Kehoe||
|Company|Secretary|||Nicholas Kehoe||
|Registered|Office|||The Cardinal
Vaughan|Memorial School|
|||||89Addison
Road||
|||||London W148BZ||
|Auditors||||PKF Littlejohn
LLP||
|||||Statutory
Auditors||
|||||15Westferry Circus||
|||||Canary Wharf||
|||||London E144HD||
|Bankers||||Lloyds TSB||
|||||Hammersmith
Branch||
|||||21 —25 King Street||
|||||Hammersmith||
|||||London W6 9HW||
|Solicitors||||Bates Wells &Braithwaite||
|||||10Queen Street||
|||||London EC4R 1BE||
|Company|Registration||Number|6388943||
|Charity Registration||Number||1121531||
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|||||Notes||||
|---|---|---|---|---|---|---|---|
||||||General|Total|Total|
||||||Purpose|Funds|funds|
||||||Fund|2020|2019|
||||||R|||
|Income from:||||||||
|Donations|||||35,628|35,628|36,034|
|Activities for generating
investment
income||funds|||51,422
4,332|51,422
4,332|84,172
3,31?|
|Charitable
Activities|||||10,437|10,437|8,793|
|Total Income|||||101,819|101,819|132,316|
|Expenditure
on:||||||||
|Charitable
activities|||||1,637|1,636|36,984|
|Costs ofgenerating|voluntary||income||14,380|14,380|110,987|
|Total Resources Expended|||||16,017|16,017|147,951|
|Unrealised
gain on|investments||||18,542|18,542||
|Net Iwovement
in Funds|||||104,344|104,344|(15,635)|
|Fund Balances brought||forward|||296,228|296,228|311,863|
|Fund Balances carried||forward|||400,572|400,572|296,228|
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||Note|2020|2019|
|---|---|---|---|
|||R||
|Cashflow from operating
activities||80,391|{22,905)|
|Cashflow from investing
activities||||
|Purchase ofinvestment|||(125,000)|
|Cash balances atstart ofyear||196,492|344,397|
|Cash balances atyear end||276,883|196,492|
|a.
Reconciliation
ofnet expenditure|to net cashflow from operating
activities|||
|Net movement
in Snds||104,344|(15,635)|
|Unrealised
investment
gains||(18,542)||
|(Increase) IDecrease in debtors||1,645|(1)|
|Increase I(Decrease) in creditors due within|one year|{7,056)|(7,269)|
|Net cashflow from operating
activities||80,391|(22,905)|
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|1.|Activities for Generating
Funds||||Total|Total|
|---|---|---|---|---|---|---|
||||||2020|2019|
||Fund Raising Events:|||||R|
||Foundation
Dinners and Auctions|||||20,295|
||Vaughan
Parents Association
Music Association
Events|Events|||13,761
24,526|40,985
13,915|
||Sports Association
Old Vaughnians
Association
Old Vaughnians
Football Club||||5,501
1,097
6,537|20,217
6,497|
||Other|||||835|
||||||51,422|87,172|
||All activities
in both years related|to unrestricted||funds.|||
|2.|Incoming Resources from Charitable||Activities||||
||Sports Camps
Team Subscriptions||||10,437|2,640
6,153|
||||||10,437|8,793|
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||||||Direct|Support|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Costs|Costs|2020|2019|
||||||R||R||
|Charitable|activities||||455|1,182|1,637|38,096|
|Cost ofgenerating||voluntary|income||11,730|2,650|14,380|109,455|
||||||12,185|3,832|16,017|147,951|
|All activities|in both|years related to unrestricted||funds.|||||
|Net Incoming Resources|||||||2020|2019|
|||||||||R|
|This is stated after||charging:|||||||
|Auditors'
remuneration|||||||3,600|3,493|
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|6,|Investments||||2020|2019|
|---|---|---|---|---|---|---|
||Balance brought forward||||125,000||
||Additions|||||125,000|
||Unrealised|gains|||18,542||
||||||143,542|125,000|
|7.|Debtors||||||
||Income Tax recoverable||||735|2,379|
||Debtors||||||
||||||735|2,379|
|8.|Creditors:|amounts|falling due within one year||||
||Accruals and deferred|||income|20,588|27,644|
||||||20,588|27,644|
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|9.|Reserves|||||||||
|---|---|---|---|---|---|---|---|---|---|
||||Balance|at||||Unrealised|Balance at|
||||beginning|of|Incoming|Outgoing|investment||end of|
||||year||resources|resources||gains|year|
|||||||||R||
||Designated
funds|||||||||
||General Fund||78,082||19,534|(1,433)||18,542|114,725|
||Sports Association||28,987||5,501|5,768|||40,256|
||Vaughan
Parents|Association|126,594||13,762|(7,579)|||132,777|
||Old Vaughanians'|Association|12,336||1,097|(777)|||12,656|
||Music Association||28,697||44,201|(371)|||72,527|
||Old Vaughanian|Football Club|21,532||17,724|(11,625)|||27,631|
||||296,228||101,819|(16,017)||18,542|400,572|
||Prior Year Reserves||||Balance at||||Balance at|
||||||beginning
of|Incoming||Outgoing|end of|
||||||year|resources||resources|year|
|||||||||E||
||Designated
funds|||||||||
||General
Fund||||81,015|37,569||(40,502)|78,082|
||Sports Association||||26,726|3,775||(1,514)|28,987|
||Vaughan
Parents|Association|||128,286|41,846||(43,538)|126,594|
||Old Vaughanians'|Association|||10,731|1,645||(40)|12,336|
||Music Asgociation||||53,419|25,442||(50,164)|28,697|
||Old Vaughanian|Football Club|||11,686|22,039||(12,193)|21,532|
||||||311,863|132,316||(147,951)|296,228|
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