| Board ofTrustees of | Board ofTrustees of | the Company | Dennot Collins (resigned 26 May 2022) | Dennot Collins (resigned 26 May 2022) | Dennot Collins (resigned 26 May 2022) | |
|---|---|---|---|---|---|---|
| Joshua Desouza | ||||||
| Nicholas Kehoe | ||||||
| Steven Keogh | ||||||
| Andrew Ndoca |
||||||
| Francis McGettigan | OBE | |||||
| Sean McWeeney | ||||||
| Anthony Mars |
||||||
| Anthony Murphy (resigned 26 May 2022) |
||||||
| Scott Price | ||||||
| Liam Sparks | ||||||
| Paul Stubbings | ||||||
| Karen Wyatt (appointed | 11October 2021) | |||||
| Hannah Thackwray |
(appointed 11October 2021) |
|||||
| Foundation | Director | Nicholas Kehoe | ||||
| Company | Secretary | Nicholas Kehoe | ||||
| Registered | Office | The Cardinal Vaughan 89Addison Road |
Memorial School | |||
| London W14 8BZ | ||||||
| Auditom | 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 |
ncorporating an incom |
e and | expendi | ture account |
Yea | r ended 31A | ugust 2022 |
|---|---|---|---|---|---|---|
| Notes | ||||||
| General | Total | Total | ||||
| Purpose | Funds | funds | ||||
| Fund 9 |
2022 f |
2021 | ||||
| Income from: | ||||||
| Donations | 229,398 | 229,398 | 35,362 | |||
| Activities for generating Investment income |
funds | 73,029 7,526 |
73,029 7,526 |
46,297 5,562 |
||
| Charitable Activities |
5,255 | 5,255 | 13,764 | |||
| Total Income | 315,208 | 315,208 | 100,985 | |||
| Expenditure on: Charitable activities Costs ofgenerating voluntary |
income | 78,043 23,354 |
78,043 23,354 |
91,989 3,793 |
||
| Total Resources Expended | 101,397 | 101,397 | 95,782 | |||
| Unrealised (loss)/gain on investments Transfer ofFunds to OVFC |
4 | (12,895) (40,271) |
(12,895) (40,271) |
27,527 | ||
| Net Movement in Funds |
160,645 | 160,645 | 32,730 | |||
| Fund Balances brought | forward | 433,302 | 433,302 | 400,572 | ||
| Fund Balances carried | forward | 593,947 | 593,947 | 433,302 |
| BALANCE SHEET | A | s at 31August 2022 | ||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| 6 | 6 | |||||
| Investments | 233,174 | 246,069 | ||||
| Current Assets | ||||||
| Debtors Cash at bank and |
in | hand | 8 | 42,187 378,528 |
204,313 | |
| 420,715 | 204,313 | |||||
| Creditors: amounts | falling due within one year | 9 | (59,942) | (17,080) | ||
| Net Current Assets | 360,773 | 187,233 | ||||
| Net Assets | 593,947 | 433,302 | ||||
| Funds | ||||||
| General Purposes | Fund | 10 | 593,947 | 433,302 |
| Note | 2022 | 2021 | ||
|---|---|---|---|---|
| 8 | 8 | |||
| Cashflow from operating activities |
214,486 | 2,430 | ||
| Transfer ofReserves | (40,271) | |||
| Net cashflow from investment | activities | (75,000) | ||
| Increase/(decrease) in cash in |
the period | 174,215 | (72,570) | |
| Cash balances atstart ofyear | 204,313 | 276,883 | ||
| Cash balances atyear end | 378,528 | 204,313 |
| Net movement in funds Unrealised investment losses / (gains) Transfer ofFunds (Increase) / Decrease in debtors Increase / (Decrease) in creditors due within one year |
160,645 12,895 40,271 (42,187) 42,862 |
32,730 (27,527) 735 (3,508) |
|---|---|---|
| Net cashflow from operating activities |
214,486 | 2,430 |
| 1. | Activities for Generating Funds |
Total 2022 |
Total 2021 |
|
|---|---|---|---|---|
| Fund Raising Events: | 8 | |||
| Foundation Dinners and Auctions Vaughan Parents Association Events Music Association Events Sports Association Old Vaughnians Association Old Vaughnians Football Club |
18,870 24,337 20,299 3,865 786 4,872 |
8,285 6,330 5,886 20,223 480 5,093 |
||
| 73,029 | 46,297 |
| Team | Subscriptions | 5,255 | 13,764 |
|---|---|---|---|
| 5,255 | 13,764 |
| Direct Costs |
Support Costs |
Total 2022 |
Total 2021 |
||||
|---|---|---|---|---|---|---|---|
| 6 | F | 6 | E | ||||
| Charitable activities Cost ofgenerating |
voluntary | income | 75,524 17,705 |
2,519 5,649 |
78,043 23,354 |
91,989 3,793 |
|
| 93,229 | 8,168 | 101,397 | 95,782 |
| 6. | Trustees and Employees | Trustees and Employees | Trustees and Employees | Trustees and Employees | Trustees and Employees | Trustees and Employees | Trustees and Employees | Trustees and Employees | Trustees and Employees |
|---|---|---|---|---|---|---|---|---|---|
| No remuneration was paid or payable directly or indirectly out ofthe funds ofthe Charity to any Trustee or to any person or persons known to be connected with any Trustee during the year. No expenses were reimbursed to any Trustee. Indemnity for the Trustees is covered by the same policy as that for the Saint John Southworth Catholic Academy Trust and the insurance charge in the accounts reflects |
|||||||||
| this. | |||||||||
| 7, | Investments | 2022 6 |
2021 8 |
||||||
| Balance brought forward Additions |
246,069 | 143,542 75,000 |
|||||||
| Unrealised (losses) gains |
(12,895) | 27,527 | |||||||
| 233,174 | 246,069 | ||||||||
| 8. | Debtors | ||||||||
| Income Tax recoverable | 42,187 | ||||||||
| 42,187 | |||||||||
| 9. | Creditors: amounts falling |
due within one year | |||||||
| Accruals and deferred income |
55,424 | 17,080 | |||||||
| 55,424 | 17,080 |
| 10.Reserves | Balance at | Unrealised | Balance at | ||
|---|---|---|---|---|---|
| beginning of year |
Incoming I'esouI'ces |
Outgoing investment resources loss and Funds Transfer |
end of year |
||
| 8 | |||||
| Designated funds General Fund Love &Service Fund Sports Association Vaughan Parents Association Old Vaughanians' Association Music Associagon StJoseph's Association Old Vaughanians Football Club |
51,469 63,643 39,911 138,302 13,136 84,603 42,238 |
27,225 199,214 3,865 24,348 785 42,409 7,235 10,127 |
(22,990) (1,329) (1,497) (18,957) (352) (43,518) (660) (12,094) |
(12,895) (40,271) |
42,809 261,528 42,279 143,693 13,564 83,499 6,575 |
| 433,302 | 315,208 | (101,397) | (53,166) | 593,947 | |
| Prior year reserves | Balance at | Unrealised | Balance at | ||
| beginning of year 8 |
Incoming I'esources 8 |
Outgoing investment resources gains 6 8 |
end of year 8 |
||
| Designated funds General Fund Love &Service Fund Sports Association Vaughan Parents Associafion Old Vaughanians' Association Music Assodation Old Vaughanians Football Club |
66,664 48,061 40,256 132,777 12,656 72,527 27,631 |
25,427 15,582 20,223 6,330 480 14,086 18,857 |
(68,148) (20,568) (806) (2,010) (4,250) |
27,527 | 51,470 ' 63,643 39,911 138,303 13,136 84,603 42,238 |
| 400,572 | 100,985 | (95,782) | 27,527 | 433,302 |
| 11.Net Assets by Fund | 11.Net Assets by Fund | Investments 8 |
Debtors 6 |
Cash 6 |
Creditors 2 |
Totalf |
|---|---|---|---|---|---|---|
| General Purposes | fund | 233,174 | 42,187 | 378,528 | (59,942) | 593,947 |
| 233,174 | 42,187 | 378,528 | (59,942) | 593,947 | ||
| Prior Year Net Assets by Fund | Debtors 8 |
Cash 6 |
Creditors K |
Total | ||
| General Purposes | fund | 246,069 | 204,313 | (17,080) | 433,302 | |
| 246,069 | 204,313 | (17,080) | 433,302 |