RECISTERED COMPANY NUMBER: IK*611130 (England and Wales)
REGISTERED CHAIUTY NUMBER: 1125708
rt oftheTn￿eeS and
inanci
JIM
020
ron L'mtied
Roffe Swayne
Statstory Auditors & Chartered Ae¢ounlartts
A5hcombe Court
Wootsack Way
Godalming
Surrey
GU7 ILQ

Tiffinian
ociation Limited
Contents ofthe Financial
forthey
31 March 2020
R¢port ofihe Trustees
Report of the Independent Auditors
5 tD 6
Statement ofFtnancial Activities
Balance Shtet
8 to 9
Notes to the Financial Statements
10 to 16
Detailed Si&tement of Financial Activities
17

TilTinian A
iation Limite
forth
rEnded31
2020
The trustee5, who are also directors of the charity for the purposes of the Companies A¢r 2006. present their report with the
financial statements of the Charity for the year ended i l March 2019. The tntstees have adopted the provisions of A￿OUntIng 2nd
Reporting by Charities: Ststement of Recommended Pra￿lce appliuble to ¢liarities preparing their own accounts in accoi'dance
with th¢ Financial Re￿rt]nts Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effectÉve l January 2015).
OWECTIVLS AND ACTIVITIES
Objeetives aims
Th¢ objerAives of the Association 25 agreed bythe tr￿tee8 #re produced belts￿.
SHARING THE BENEFITS OF TIFFIN
TAL- THE VISION
To create a vibrant and active Llsociation that provide5 mLYimum ber￿fit to the sch￿1. Tiffinian5 and the wider Tiffin community.
TAL- THE ORIECTIVES
l. To develop an active community for Alumni. Pupii& Staff (past and presentx Parents Ip&£t and present). and friendg of the
School which ivill enable them to keep in contact for Èheir individuat b¢n¢fiL both xKial and business. alld ty a5SiSt in the ongoing
development ofth¢ School.
2. To supportthe School:
a) Financially in tem)s of grants. including awards to pupils who. by reason of financial hardship> woiild not oth¢rwtse be able to
Ily partake in the ¢ducational or other activities offcred wtthin or outside the curriculum offtred by the School.
bl With a netwo￿ of professtonal help to support the S¢hoLFI and each other as and when required to fjJrther enhan¢e the Schoof8
reputation and lo assist in the dev¢lopment of its GUTrent pupils.
3. To maintain and continue to d¢Yelop the best p¢)ssib]e s￿)rtS and recreational taciliti&s at Grists, allowing pupils, fomier pllpi14
and the local community to ¢llgage in competttive swrt and recreation.
4. Dev¢lop as wide and divetse a network as possI￿]e to enable:
a) the raising of funds for fither development of th¢ School.
b) th¢ support of deserving eharitable ca5g
c) the onuoing development ofTAL's sporting and reThtional facilities to meet its charitable objecttves.
d) Tiffinians to develop tb¢irown network&
VoluRteers
Tiifinian Association Litnited has ro date relied on volwrteet5 due tothis, staff are lowerthan they would otherwise be.
ACHIEVEMENT AND PERFORMANCE
CharitabIe s¢tivities
The charity mad? donations to Sthool duringthe year amounting to £7.973 (2018 - £11.042). These donations were m8d¢ to
assist the School in developing the wmmunity for aIumni. p￿)114 stsff and friends of the School and also to help maintain the sports
faeilities made aydilable to the whole community-

Inian Association Lim'ted
of he Trustees
f r the Year Ende
March 202
ACHIEVEMENT AND PERFORMANCE
Intern21 and ext¢rnal factors
The trystees have considered the effect ofthe economic clirnate on the figwe5 shown within accounts. The trnStees consider
that its res¢rves and income-generating assets will allow the djarity to continue its day to day activities for the for¢5ceable ￿t￿re.
To in¢rea$E donations it IS iJrt¢nded in the comTllg yvdrs to rearh out to the alumni on a more ac¢ive ba8i5 to look to achieve a larger
contsct bw and at the same tim¢ encourage mor¢ donations to be made to the a550ciation.
We are always lookiugto increase our outs%d¢ letting5 POt¢ntial alttmjugh thi5 always has to be balanced against any Costs agSOCiated
with these and Putting addirional pressure on altEady strEtched volunteer help.
However any major building underthking will reqknire significatrt fiJndrai5ing and acce&s to gran
The trustees wnsider thE nature ofthe InveSkn￿ts annualty hold th¢ majorityof these in to aVOTd the rtsk of fallinrr valu¢s.
The trustees and the executive group meet regularly to add￿ operational matters and dis￿ the finan¢ial infonnation present¢d
to them.
FINANCIAL REVIEW
Principal funding sources
Tiffinian Association Limited r¢ceives funding through m¢mber# donations. TAL owns 25 acres of playin8 fields at East Moles¢y
in SU￿ey. This includes two pavilions and &wciated equipn)ent for 5POrting activities to be carried out by ThE S¢hool, Old Boys,
Sides and ffjcmbers of the loeal ¢on]munty. Sports include but not limited to fooiball. rugby. cricket and athleti¢5. The facilities are
&vailabl¢ for hire to the Iccal community and the Old Boys, sport5 sections are open clubs and as all the facilities generate
income.
The hou5&S at 27 and 29 Surnmer AYenu¢ also Continue to be lrt at market ra
Re5eryes policy
The trustees ¢onsider that iuirestricted fimds not invtsted in fixed or deSI￿ted for specific pu￿)DSe5 ("the free r¢sErves")
should be nornMlly behveen £75,000 and £125,000.
However with the ￿tUre p055ibility of18rgc capithl invest[nE￿I these are beints allow¢d to run at a higher level. This not only would
assist with any major pnJj¢ct undertaken but also assist w&th tying to obtsin any match fimding l initiative5 that the￿ may
At the Donnal lev¢l. the tn￿ feel that thty would bE able to continue the current a¢ttvtties of th¢ charity in the event of a
significani drop in funding or any unexpe£ted expen5¢& It would obviously be necessary to consider how the funding would be
replaeEd or a¢tivitics chatwed.
FUTURE PLANS
The charity is always looking to en5ur¢ li meets its charitable objectives and looks to expand aHd fitrther promote its activitie$
which in tim¢ may kelp to improve the financial viability of its operations.
STRUCTURE. GOVERNANCK AND MANAGEMENT
CDv¢rning document
The charity i5 controlled by its governino docwn¢n4 its and articles of ass0¢iatton and constitutes a limited company.
limited by gllat￿tee as deflljed by the Compani&s Act2006.
Tiffinian Asso¢iatiQE] Limited vrds incorpoTat¢d as a cow limited by guaraTrttt on 4 June 2008. It w&% registered as a ¢harity on
3 September2008.

Tiffinian Aswciati
Limited
ort
ey rEnded3
2020
STRucfuRE, COVERNANCE AND MANACEMEP4T
Re¢ruitmellt and appointment of trustees
The tn]stses. who are director5 for the purpose ofcompany law and for the purpose of dRrity law, who served during the year and
up to th¢ date of this report are set out below 4. There is a procedure for the recruilmtht and appoinlment of new trustees. namely
that nominations are received by the current tnw who then discus5 and vote upon any nonJÈnations received.
The trustees re¢oEnise the need to str¢ngthen the board and aye actively lookino for new memb¢rs with the relevant ¢xperience and
skills to join ihe board.
Organisatlonal struetur¢
The charity is run by trustees who norniaIly m¢Bt quarterly and are Twon5￿1 le for the strakgic direction and policy of the charity.
Two of the trustee5 are involved in the day to day nmning of the charity. and they have de]egated authority from the Trust in the
making of on-going decisions.
Inductfon and training of Aew trustees
All new trustee5 are given. in the view of the board. sufficient traini￿¥ and have enou.tsh knowledge of their specift field to
undersiand the nature ofthe charity and ￿llY comply wtth the charitys view5 of its progressTOIL
Wider network
At presenc the ¢harity does not consider itself PArtofa wider netWOTk
Related p2rlie5
The trustees consider that the entities li5t¢d in the.signifi￿t activitie5" note below were related partte&
The trustees do not consider that Tiffin School 15 a related paty ahhough representatives of the school also reptEsent Tiffinian
Association Limited.
REFERENCE AND ADMINisfRATIVE DETAILS
Registered Compgny number
06011130 (E￿￿land and Wales)
Registered Charity nurnber
1125708
Regtstered
Tiffin School
Queen Elizabeth Road
Kingston upon Thames
Surr¢y
KT2 6RL
Trustees
M W Darby
S A Lester
PJ Osbome
P P Phillips
T M Brown
J R Strong
J McNi¢holas
K Garlic
O S E Macki¢
Company Secretary
J K Strong

ni
ss
ciati
rtoftheTr
rthe
djl
REFERENCE AND ADMINisfRATIVE DETAILS
Auditors
Roffe Swayne
Statutory Auditors & Chartered Accountsnts
Ashrombe Court
Woolsack Way
Godallning
Surrey
GU7 ILQ
PUBLIC BENEFrr
The 5POrts pitches owned by th¢ Charity at MolEsey are leased by TifFm Sclwol and are used for a of sponing activities
durins the w¢ek and at weekends. The pavilion is used during week by a local playwoup the sports pitches are also used by
a nwnber of Outside local clubs not associated with the S¢hool and its fomter pupils. The clubs using the name Old Tiffinians are
open to all who wish to join and a high proportton of the members of many ofthe$¢ clubs are not ctjrent or fornier members of the
school. The aim of the Charity is to mwmise the income it can gejberate from th&se facilities whi15t not overusittg thenL
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The tnTStees (Ivho are a150 the directors of Tiffinian ASK￿latiOn LimTted for the puw&8 of company law) are responsible for
preparing the Report of the Tr￿SteeS and the financial statements in accordan￿ with applicable law and United Kingdom
Accounting Standards (United Kingdom GenerallyAccepted Accountints PTreti¢e).
Company law require5 the truslEes to prepare finan¢ial statements for ￿ financial year which give a true and fair view of the State
of affai￿ of the charitable company and of th¢ incomtng resourcos application of resources. including the income and
expendityrw ofthe ¢haritable coropany forthat period. In preparinu those fitjancial 5tatement4 the t￿stee$ are TEquired to
select suitable accounting policies and th¢n apply them consistendy.
observ¢ the methods and principles in th¢ Charity SORP.
make judts¢ments and estimates tba¢ are reasonable aDd pruden¢
prepare the financial statements on the going concern b&sis unl¢ss Tl is inapproprtute to pr¢sume that the charitable company will
continue in bu$iDess.
The trustees 4r¢ responsible for ke¢ping prnper aw)UDlin8 [￿rdS which disclose with r￿SOnable aceuracy at any time tlie
financial p051tion of the charitable cornpany and to enable them to ensure rf￿t th¢ financial siitements comply wilh th? Companies
Aet 2006. They are also responsible for 5afe.tyuardino the assets of chBritsble wy and hence for tsking reasonable s*p$ for
the prevention and ddection of fraud and other iTre8ulariti¢s.
ID so Far as the trustees are awaTE:
there is no relevant audit infomiation of which the charitable ¢ompaNrfs auditors are unaware" and
the truste?s have taken all steps that they ou8ht to have tskgn io make themselv￿ aw#re ofany relevant audit information and to
stabli5h thatthe auditors are aware of that inforn?atiOJL
AUDITORS
The auditots RolTe SwAyne. will be proposed for re-appolnttn￿t at the ftjrthcoming Annual General M¢eting.
Approved by order of the
erd of trusÈees on 9 Nov¢mber2020 sign¢d Oll its behalf br
P J Osbon￿- Trustee

of the In
Tiffioian
en
ti(Jn Limi
to
Opinion
We have audited the financial statements of Tiffinian A5SOCtation Limited (the 'd?￿lIable compan￿) for the year ended
31 March 2020 which comprise the Statement of Financial Activiti¢4 the Balancc Shed and notu to the financial Stratements.
includinu a summary of significant a¢coutlting policies. The financial reporting framework that has been applied in their preparation
is applicable law and Unitd Kingdom Accounting Staodarth (United Killgdom Gen￿a]lyA¢¢ept¢d Accountino Practi¢¢).
In our opinion the financial staternent&'
give 8 true and fair view of the state of the cljaritable compatys alTa1￿ as at 31 March 2020 and of its incoming resources and
applicJCion of re8(A￿CeS. inclllding its income and exp￿d]lure, ftjr the ￿ then ended.
have been properlyprepared in accordance with unit￿ Kinfwdorn Generally Accepted Accountints Pr2Cti¢e: and
have been prepared in accordance wilh the requir¢ments ofthe Compantes Act 2006.
Basis for opinion
We conducted our audit in accordan¢e with Intsmational Stsndarth ¢)n Auditinr
IUK) (ISA5 (UK)) and applicable law. Our
responsibilities under those stAndards are fi]rther describ¢d in the Audttorg r¢5ponsli Jilities ftir the audit of thE financial stat¢ment5
section of ourreporL We are independent of the charitable con]pany in a¢¢ordance with the etl)ical requirements that are relevant to
our audit of the financial sratemenis in the UK, including the FRCS Ethical Standard. and we have fulfilled OUT Ot1￿ ethical
responsibilities in accordance with these rWu1remen￿ We believe that the audit eviderKe we have obtained 15 sufficiettt and
appropridie to provide a basis for our opinion.
ConcJusloRs relating to going concern
We hav¢ nothing to report in respect of the following mallers in relation to Mthich the ISAS IUK) require us to reporf to you where:
the truste￿, usc of the gointr concem basis of accffjunting Tn the preparation of the financial statements is not appropriate. or
th¢ trustees have noi disclosed in the financial stai¢ments any identified material uncertainties that may cast STgnificant doubt
about the charitable company's ability to continue to adopt the going con¢em basi5 of accountin.
months from the date when th¢ financial s￿ell￿nts are authorised for i55ue.
for a period of at least twelve
Other information
The trustees are responsiljle for the other inforniatiorn The other infonnation ¢omprtsgs the itjfomation included in t])e Annual
Report, other than th¢ financial statements and our Report ofthe Ind4KndentAuditors thereo
Our opinion on th¢ finallcial statements do&8 not cover the other Tnforn]ation and. except to the extent otl)erwise expli¢itly stated in
ourreport, we do not express any forni of assurance eott¢lusion thereon.
In ¢onne¢tion with our audit of the financial Maternents. ourresponsibility Is to read the other infomiatir)n and. in doing so. consider
whether the other information is materially In￿nsiSte￿t with the fmancial s￿eMentS or our knowledge obtained in the audit or
otherwise appears to be mat¢rialty misstated. Ifwe identify suth matrrial tnconsistencies or apparent material misstatements, we are
required to determine whether thcre is a material misstst¢ment in the financial srakm¢nts or a malcrial mis5tatemenl of the other
infonnation. If. based on the work we hav¢ perforn￿d. we ronGlud¢ that there 15 a tnaterial misstatement of this other infom)ation.
we are required to ryort that facL We have nothing to Teport in this Tega
Matters on whleh wc are required to report by ￿ceptIon
We have nothing to report in r¢sp¢ct oftb¢ followin.
U5 to report ro you if. in our opinion:
crnw*r5 wh¢re the Charitie5 (Accounts and Reports) Regulations 2008 requires
the inforn)ation triven in the Report of the Trustees T5 inconsistent in any ￿￿terIal w with the finan¢ial ststem¢nts' or
the charitsble company h&4 not kept adequate accounting record4" or
the financial statements are not in agreement with the accOu￿n& records 4nd r¢turns' or
we have not rec¢ived all the infomiation and ¢xplat3ation% we Tequire for our audit

of th
nde
sociati
ende
tAuditor
imi
to the Tnjste
Re5POll5ibilities of trustees
As explained rn0￿ fvlly in the Statement of Tnweeg Rwonsil>ilitie4 the tr￿￿eeS (who arE alsD the directors of the charitable
company for the putposes of company law) are responsible for the prepardtion of the fmancial statements ond for being satisfied
that they give a true and fair view. and for su¢h internal eontrol as the trustre5 deterniine is necessary to ¢nable the preparation of
financial sthtements that are fite from material mis5tatemenL whethwdue to fraud or error.
In pr¢paring the financial statements. the lThstees aTE responsibl¢ for a5SB&8ing the charitable conjpanys ability to continue as a
oing con¢ern. disclosing, as applicable. rnatters related to going concern and using the ooing concern basis of accounting unless
the knslees ¢ither intend to Ilquidate the charitable eomp8nyor to Ctase operdtl0t￿ or have rto realisti¢ altemative but to do so.
Our responslbilxti&s for the audit rjf the financl4J 5tstetnents
We have been appointed as auditQTS under Seaion 144 of the Charities Act 2011 and report Tn arcordanc¢ with the Act and relevant
r¢gulations made or havino eff¢ct ther¢under.
Our obj¢ctives are to obtsin rnonabk assurance 2bout whether the financral statcm¢nt5 a whole are free from matBrial
misslaternenL whdher due to fraud or error, and to tw¢ a Report of the Independent Auditors that includes our optnion.
R¢asonable assuran¢e 15 a high level of assurance. but is rjot a guarantee that an 2udit conducted in accordance with ISA5 (UK} will
always detect a material mi$5tatemEnt when tt exists. Mtssthtemellts ￿ arise from frdud or ejror and are considered material if.
individually or in the wgat< they Cl￿]￿ rwollabty be expEded to influence the economic dectsion5 of users taken on the basis
of these financial statements.
A furthcr description of our responsibilities for the audit of the fiw]cial statements is localcd on the Ftnoncial Reportin- Council's
websit¢ at www.fir.org.uklauditorsresponsibilities. This d￿]ption fornwpart of our Report of the Jnd¢pendent Auditor5.
Use of our report
This report is made solely to the charitable companls tru5te4 &4 a body, in a￿rdance with Part 4 of the Charities IA¢counts and
Reports) Regulations 2008. Our audTt work has been ulldertaken so that we rnight state to the eharitable company's trust¢es those
matters we aR required to sthte to them in an auditots. report and for no oiher PUTP05e. To the fullest extent pem)itt¢d by law, we do
not accept orassume responsibtlityto anyone other than th¢ ¢harttablc Company and th¢ ¢harttable cotnpany* tnthes as a body. for
our audit wo]t for this repor( or for the opinions w¢ have fornied.
fora]Kl on behalf of Roffe sWa￿e
Stawtory Auditors & Chartered Accountants
Eligible to act as an auditor in tern15 of Section 1212 of the Companies Act 2006
Asheombe Court
Woolsack Way
Oodalmillg
Surrey
GU7 ILQ
10111120

Tlffinian
ociation LimI￿d
Statement of Financia] Activiti
e Yw Ended
March
2020
Unrestrtcted
fund
2019
Toial
funds
Not#
INCOME AND ENDOWMENfs FROM
DonatIot]5 and legacies
10,455
21,214
Oih¢rtrading actlVlEies
Investment income
66.368
3.048
78.895
2.044
Total
79,871
102,153
EXPENDITURE ON
Charitable actlvities
Donations
6.661
7.973
Other
55.672
50,410
Total
62.333
58.383
Nel O&Tns/(1055es) Dn investments
12.743)
2,944
tYET INCOME
14.795
46.714
RECONCILIATION OF FUNDS
Total funds brottght forward
480.916
434202
TOTAL FUNDS CARRIED FORWARD
495.711
480.916
The notes form part of these financial stateM￿ts

Balance Sheet
31 March 2020
2020
Unrestricted
fimd
2019
Total
fiznds
FIXED ASSETS
Tangible assets
InVesth￿nts
115,269
49,559
112.310
Sli02
164.825
164.612
CURRENT ASSM
Debtars
Cash at bank
3.584
335.739
5.521
326.061
339J23
331J82
CREDITORS
Amounts falling due within one year
10
(8.440)
{15.278)
NET CURREpif ASSETS
330.883
316.304
TOTAL ASSETS L￿s CURRENf LIABILITILS
495.711
480.916
ASSETS
495.711
480.916
FUNDS
Unrestricted fimds
495.711
480,916
TOTAL FUNDS
495.711
480.916
The charitable company is entitled to ex¢mpiion from audit under Section 477 of the Companies Act 2006 for the year ended
31 March 2020.
The metnb¢rs have not deposited notice. pursuant to Section 476 of the CornpaRi&s Act 2(M)6 requiring an audit of these fin2ncial
statements.
The trustees aeknowledge theirresponsibilities for
(a)
ensuring that the Gharitable company keeps accounting re￿rdS that comply with Sections 386 and 387 of the Companies
Act 2006 and
preparintt financial statements which give a tn￿ and fair view of th¢ stat¢ of affairs of the charitdble company as at the end
of eaeh financial year and of its surplus or d¢ficit for ea¢h financial yeHr in ￿￿ordanCe WiEh the requitEments of Sections
394 and 395 and F/hieh oth¢rwis¢ comply with the requnrments of the Companies Act 2006 relating to finan¢ial statements.
so far as applicable to the charitsble ¢ompany.
(b)
The rtot¢s fonn part ofthe5e financial statm¢llts
continued...

iffinian A550C
ion Limi
Balance Sheet- c
31 March2
20
These financial statements have been prepared in accordance with the provisiom applicable to charitsble companies subject to th
small ¢ompania8 regime.
The financial statements w¢re approved by the BoArd of Tn￿ and authorised for issue on 9 November2020 and were signed on
If by..
P l Osborne- T￿￿e
The not<4 form part ofthese financial srar¢nRnts

Tiffi
n Assoc
ation
im
ial Statements
ed 31 March 2020
eYearE
ACCOUP4TING POLICIES
Basis of preparing the financi21 ststements
The financial statements of the Charitable company. which is a public benefit entity Under FRS I￿2. have been prepared in
accordance with the Charities SORP IFRS IIY2) 'Aeeounting and Rcptjrting by Charities.. Ststement of Recommended
Prdctice applicable to charities preparing their arcounts in accordance with the Financial Reporting Stsndard applicable in
the UK and Repllblic of Ir¢land (FRS 102) (effective l January 20191,, Financia] Repotting Standard 102 'The Financial
Re￿rtIng Standard applicable itt the UK and Republic of Ireland, and the Companies Act 2006. The financial statemenis
have been prepared under the historical cost ¢onvention. with th¢ exception of investments whirh are included at market
value. & modifi¢d by the ￿valUatiOn of rertain assets.
The company. Incorporat￿ in F￿gIaTrd and Wale4 15 limitrd by and th¢ registered office is Tiffin School.
Queen Ell￿beth Road. Kingston upon Thame& Surrey 6RL.
Th¢ Ilability of each memberis litntted to £10 on awinding up of the company.
Income
All income is recogni5¢d in the Statement of Financial ActiVAlies once th¢ c]wity has ¢ntitlem¢ntto the fjJnd4 it TS probable
that the income will be TEceivcd and the amount can be measu￿1 reliably.
Exppnditure
Liabilities are recognised Ls expendirure a8 s￿n as ther¢ is a l¢gdl or ￿nstrUCtive obligation committing the charity to that
expenditure. Tt is probable that a transfer of economic benefits will IK required in settlement and the amount of ihe
obligation can be measured reliably. Exp¢nditure ￿ a¢￿Unted for on an accruals basis and has been classified under
headings that e82te all cost r¢lated to the category. whe￿ costs ¢annot be dire¢tly attributed to parti¢ulor headinJ they
hav¢ been allocated to activities on a basis ¢oTrsistentwith the use of resource5.
Tangible rtxed assets
Depreciation is provided at the following rates iti orderto write off rach &sset over its estimated use￿1 lifr.
Freehold property
Pknt and machinery
at Ydrying ratss on eo
2￿A on cijst
Taxation
The ¢harity is exempt coryoratton tsx ort its charitable activitie&
Fund aeeounting
Unrestricted fimds can be used in accordance ivith the chatitsble objectives at th¢ discretion of the truste¢s.
Restricted fvnds can only be used for porticular within the obj¢Gts of the ¢harity. 11&strictions arise
when specified byth¢ donor or when fimds are [aL￿d forparticularr￿trlCted pU￿oSe$.
Fwth¢r explanation of th¢ nature and p￿poSe of e8¢h fiIEMI 15 included in the notes io th¢ fjnancial statenkn
Foreign ¢tsrrenEks
A3sets and liabilities in foreign ollrencies are tsznslaied into s￿rlIng at the ntes of exchange ruling at the balan￿ sheet
data Trdnsaction5 in foreign currencie5 translated i]RtQ Sterling at the rate of exchange ruling at th¢ date of trdll5action.
Exthange differences are taken account in aTriving at operating resuIL
Investments
Investments are stated at market value.
Debtors
10
continued...

Tiffinian
soci
to the F-nan
ia
eye
ed31
St
20
AccouNfiNG POLICIES- contittued
Invwtments
Short terni debtor5 are measured at tranwtion Ydlue less any impairment At each balance sheet date, debtors are assessed
for objective ev[deJ￿¢ of impa[m￿nt. If an asset is impaired. thc in)paI￿￿tIosS is measured as the difference between the
canying amount and the amount expected to be ￿e1ved.
Cash and casb eqllivalents
C&%h and cash equivalents comprise cash at bank and on h8n¢L demwd deposits with banks and other short t
investsnents with original maturtties of 3 months or less.
Credltors
Short ienn trdde creditots are meawred at tra￿￿?0￿ Yalu& Other financial liabilities are measured initially at fair value,
net of trall5action cosw and 5ubseouentty at 8mortised cost using the Effective int¢re5t method.
Criti¢a( aeeountlTrg judgements 4nd key sourw of￿￿￿*110￿ ￿nCertaInty
No significant judgements have been nmde by the TrustKs in pryaring these rMa￿Tal statemm
Golng Concern
The financial statements have b¢en prepared on a going concern basis as th¢ Tntstee5 have considered a period of one year
from the date of appmwdl of the account& The Trnste¢s have paid parti¢u]ar attention to the likely effects of the Covid_19
outbreak and considEr that thE Charity has adequate resources to able io continue as a going concem for the fDre5eeable
DONATIONS AND LEGACIES
2020
2019
M¢rnbers ffgular donations
10,455
21.214
During the year. the Charity received a legacy donation from the Estate of Peter SmTth deceased.
OTHER TRADING ACTIVITIES
2020
2019
Hire of pitches
Nursery rent
House and yard rent
Other income
25.905
15.730
23.097
1.636
28.930
16.392
33573
66,308
78,895
continued...

Tiffinian A
ciati
imited
Notes to the Fina
forth
rEn
ci
tefftents- continued
h202
INVESTMENT INCOME
2020
2019
InvEStment ineome
3.048
2.044
NET INCOMEI(EXPENDITUREJ
Net incomel(expenditure) is slated after char.Lrinpl(cTrditing):
2020
2019
Audilorg remuneration
Depreciation- Own￿ assets
1.740
2J37
1.728
2.337
TRUSTEESI REMUNERATION AND BENEFITS
There were no trustees, remuneration or Ot￿ benefits for the y¢8r ended 31 March 2020 nor for the y¢ar ended
31 March2019.
Trustees, expe￿5
There were no trustees, expenses paid forthe year￿ded 31 March 2020 nor for the year ended 31 Mareh 2019.
TANGIBLE FIXED ASSBTS
Freehold
propety
Plant and
ma¢hinery
Totals
coKr
At l Apri12019
AddiliorLS
129.142
15.498
5.296
144.640
5.296
At 31 Ma￿h 2020
129,142
20,794
149,936
DEPRECIATION
At l Apri12019
Charge foryear
I8￿40
1.834
13,990
503
32,330
2J37
At 31 March 2020
20.174
14.493
34.667
NET BOOK VALUE
At 31 Marth 21r20
108.968
6.301
115.269
At31 Mar¢h2019
110.802
1,508
112.310
The land and buildina have ￿en record￿ at nel book value at the dare of transfrr to Tiffini&n Association Limited. The
rate of depreciation is based on the histori¢ ¢ost ofth¢5e assets.
12
¢on£inu¢d...

iation Li Ttsd
Notes t the Fi
nciai S
forthe Year Ended 31 Marc
FIXED ASSET IN￿TmENTs
Shares in
gTOUP
ndertakings
Lirted
Investments
Totals
Tr[ARK￿ VALUE
Atl Apri12019
Revaluation$
52JOI
(2.743)
52.i02
(2.743)
At 31 M&rch 2020
49.558
49.5J9
TYET BOOK VALUE
At 31 March 2020
49.558
49,559
At 31 Marcb 2019
52JOI
52.302
There no investment assets outside th¢ UK.
Tlie ¢ompanYs investments at th¢ balance sEKrtdate in the share ￿p1￿1 of companie5 include the following..
D￿n Pavilion LEmited
Registered office:
Nature of busine5K Social ¢lub
Class gf Share:
Ordinary
holdti
The company recetved donations from Dean Paytlion Limited durTn¢P the yearamounting to £Nil (2018- £1.433).
Dean Pavilion Limited is dormant and has negligil)le ass¢f&
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020
2019
Other debtors
3,584
5.521
13
¢ontinued...

ilfIni
iation Limited
cial Sta
ments- co
ed 31 March
the Year E
io.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020
2019
Other creditors
8.440
15,278
ii.
MOVEMENT IN FUNDS
Net
moYetn¢nt
in fimds
At
31.3.20
At 1.4.19
Unrestrictsd fllnds
General fimd
480.916
14.795
495.711
TOTAL FUNDS
480,916
14.795
495,711
Nel inovement in fiTnd4 iD¢luded in the above aye as follo￿.
Incoming
Gains and
losses
Movement
irt funds
expEnded
Unrestricted funits
G￿eral fund
79,871
(62 JJ3)
.743)
14,795
TOTAL FUNDS
79,871
162J33)
{2.743)
14.795
Compardtlvw for movement funds
Net
movement
in fimds
At
31.3.19
At 1.4.18
Unrestricted funds
General fund
434202
46.714
480.916
TOTAL FUPIDS
434202
46.714
480.916
Comparative net nN)v¢ment in fund5. included in th¢ above are as follow5:
Incoming
Resources
expended
Gains and
losses
Movem¢nt
in funds
Unrestricted fund5
General fund
102.153
(58J83)
2.944
46.714
TOTAL FUNDS
101153
(58,383}
2,944
46.714
14
contlnucd...

Ttffinia
sociation Limi
otes to the Financial Statements- continu
' the Year Ended 31 Mar
h 2020
ii.
IVIOVEMENT IN FUI¥DS- colltinu
A euTrent year 12 months 2nd prioryE8r 12 months combin¢d position is as follo
Net
ovement
in funds
At
31.320
At 1.4.18
Unrestrxcted funds
Gener41 fund
434202
61.509
495.711
TOTAL FUNDS
434,202
61.509
495.711
A CUTrent year 12 months and prior year 12 n￿nthS wmbined net movonent in W includEd in the above are as follows:
Gatns ond
losses
Movement
in ￿ndS
expended
UDre5tricted funds
Gen¢ral fijnd
1811r24
(120.716)
201
61.509
TOTAL FUNDS
182.024
(120,716)
201
61.509
12.
CAPITAL COMMITMKTrITS
2020
2019
Contraet¢d but not provided for in the financial statements
57J44
The directors approved the purch￿ of new equipment amounting to £57044 during the )rar but not receive this
equipment until after 31 March 2020. The ch8rity h&% rw¢ived a ￿t t0￿dS the cost of the equipment amounting to
£43.008.
13.
RELATED PARTY DIsc￿SUREs
There were llo reIated patytransactions for the year ¢nded 31 March 2020.
15
continued...

Tiffjn
¢iation Limited
Notes to the Financial
r the Year E
teme ts-c
202
iinu
14.
ULTIMATE coiirrROLLING PARTY
The trustees do not comsiderth¢r¢ 15 a controllins pty.
16

TitTinian Asso¢iation Limi
Detailed
tatement of Financia
e Year
ctivitie5
h 2020
2020
2019
INCOME AND EfqDOWMEifrs
Donatiolls 4nd legaeies
Me￿1berS regular donations
10,455
21.214
Other trading activities
Hire of pitches
Nurseryrent
House and yard rent
Oth¢r income
25.905
15.730
23.097
1.636
16.392
33.573
66J68
78.895
Investm¢nt incom¢
InVeSt￿¢nt incom¢
3.048
1044
Total incomlllg re50urees
79.871
102,153
EXPENDITURE
Charitable activities
Donations
6,660
7.973
Support costs
Other
Ground maintenance and repairs
Utiliti¢5
Sundries
Freehold propety
Plant and machinery
16273
33566
490
1.834
503
8.628
31,785
932
2.337
52.066
43,682
Governanc¢ costs
Auditors. remun¢ration
Professional fees
.740
1.267
1.728
5.000
3.007
6,728
Total r¢50urces expended
62.333
58,383
N¢t income
17.538
43,770
This pa8¢ does not fo￿ part ofthe stamtory financial strtemcnts
17