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|DIRECTORSandTRUSTEES|MrSABrewer|
|---|---|
||MrTCBElliott|
||MrJWGlassberg|
||MrGMcEvoy|
||MrAWMorgan|
||MrGPalmer|
||MrNCTolchard(resigned 13/02/23)|
||Dr AJRivlin|
||MrMSMorjaria|
||MsSDose(resigned15/10/21)|
|SECRETARY|MrsGemmaRudrum|
|COMPANYNUMBER|07441431|
|CHARITYNUMBER|1140132|
|PRINCIPALANDREGISTERED|32CollegeRoad|
|OFFICE|Bristol|
||BS83JH|
|BANKERS|HSBCBankpic|
||CabotCircus|
||62,GeorgeWhiteStreet|
||Bristol,BS16DZ|
|SOLICITORS|VealeWasbroughVizards|
||NarrowQuayHouse|
||NarrowQuay|
||BristolBS14QA|
|INDEPENDENTEXAMINER|GuyBigginFCCA,ACA|
||CroweU.K.LLP|
||4hFloor|
||StJamesHouse|
||StJamesSquare|
||Cheltenham|
||GL503PR|
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**DocuSign Envelope ID: BF296F11-89E5-425E-868E-EEDC0F40028F**
## **CLIFTON COLLEGE DEVELOPMENT TRUST A COMPANY LIMITED BY GUARENTEE REGISTERED NUMBER 07441431**
## **Independent examiner's report to the trustees of Clifton College Development Trust**
I report to the charity trustees on my examination of the accounts of the company for the year ended 31 August 2022, which are set out on pages 4 to 12.
This report is made solely to the charitable company's trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and the charitable company's trustees as a body in accordance with section 154 of the Charities Act 2011. My independent examiner's work has been undertaken so that I might state to the charitable company's trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charitable company, the charitable company's members as a body and the charitable company's trustees as a body for my independent examiner's work, for this report, or for the opinions I have formed.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Guy Biggin FCCA, ACA Crowe U.K. LLP 4[th ] Floor St James House St James Square Cheltenham GL50 3PR
Date: 29 June 2023
Page 3
##
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##
##
|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||Funds|Funds|Funds|Funds|
|||||2022|2021|
||Notes|£|£|£|£|
|INCOME||||||
|Donationsandlegacies|4|89,209|15,099|104,308|77,559|
|FundraisingActivities
GolfDay||2,033|-|2,033|2,122|
|InvestmentIncome|5|206|-|206|-|
|TotalIncome||
91,448|
15,099|
106,547|
79,681|
|EXPENDITUREON:||||||
|RaisingFunds
Charitableactivities||(5,442)
(71,729)|-
(20,763)|(5,442)
(92,492)|(5,065)
(121,753)|
|TotalExpenditure|6|
(77,171)|
(20,763)|
(97,934)|
(126,818)|
|NETMOVEMENTINFUNDSFOR||||||
|THEYEAR|9|14,277|(5,664)|8,613|(47,137)|
|RECONCLILATIONOFFUNDS:||||||
|FUNDSBROUGHTFORWARDAT1||13,348|93,773|107,121|154,258|
|SEPTEMBER2021||||||
|FUNDSCARRIEDFORWARDAT31||
27,625|
88,109|
115,734|
107,121|
|AUGUST2022||||||
##
|||2022|2021|
|---|---|---|---|
||Note|||
|CURRENTASSETS||||
|Cashatbank||202,558|96,894|
|Debtors||10,799|19,427|
|Prepayments|||2,400|
|||213,357|118,721|
|CURRENTLIABILITIES
Creditorspayablewithinoneyear||(97,623)|(11,600)|
|NETASSETS||115,734|107,121|
|RESTRICTEDFUNDS|10|88,109|93,773|
|UNRESTRICTEDFUNDS|12|27,625|13,348|
|TOTALFUNDS||115,734|107,121|
##
#
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##
##
##
##
||Unrestricted|Restricted|TotalFunds|TotalFunds|
|---|---|---|---|---|
||Funds|Funds|2022|2021|
|Donations
Legacies|89,209
-|15,099
-|104,308
-|77,559
-|
|Total|
89,209|
15,099|
104,308|
77,559|
|NVESTMENTINCOME|||||
||||2022|2021|
|Bankinterest|||206|-|
|Total|||
206
|
-
|
##
||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|
||Funds|Funds|2022|2021|
|RaisingFunds|||||
|Fundraisingand|5,442|-|5,442|5,065|
|Development|||||
|Total|
5,442|
-|
5,442|
5,065|
|CharitableActivities|||||
|Scholarshipsand|67,504|-|67,504|120,000|
|Bursaries|||||
|Swimmingpool|-|14,852|14,852|-|
|NewFieldCricketNets|-|-|-|1,253|
|Rowingboats|-|2,727|2,727|-|
|Othercharitable|3,185|-|3,185|-|
|expenditure|||||
|PPE|-|3,184|3,184|-|
|GovernanceCosts|1,040|-|1,040|500|
|Total|
71,729
|
20,763
|
92,492
|
121,753
|
##
#
##
||2022|2021|
|---|---|---|
|TradeDebtors(incGiftAid)
SundryDebtorsandprepayments
Total|
10,799
:
10,799|
19,427
2,400
21,287|
|REDITORSDUEWITHIN1YEAR|||
||2022|2021|
|TradeCreditors|97,623|11,600|
|OtherCreditorsandAccruals
Total|
97,623
|
11,600
|
##
|9.|MOVEMENTINFUNDS||||||
|---|---|---|---|---|---|---|
|||At|1September|Income|Expenditure|At31August|
||||2021|||2022|
||RestrictedFunds||93,773|15,099|(20,763)|88,109|
||UnrestrictedFunds||
13,348|
91,448|
(77,171)|
27,625|
||Total|
|
107,121
|
106,547
|
(97,934)
|
115,734
|
##
||At1September|Income|Expenditure|At31|
|---|---|---|---|---|
||2020|||August|
|||||2021|
|RestrictedFunds|77,368|17,658|(1,253)|93,773|
|UnrestrictedFunds|
76,890|
62,023|
(125,565)|
13,348|
|Total|
154,258
|
79,681
|
(126,818)
|
107,121
|
##
##
##
|ESTRICTEDFUNDS||||||||
|---|---|---|---|---|---|---|---|
||At1||Income||Expenditure||At31|
||September||||||August2022|
||2021|||||||
|CapitalBuildingFund|26,250|||-|(14,852)||11,398|
|HarpsichordFund|1,250|||-||-|1,250|
|RedgraveProjectorFund|375|||-||-|375|
|GrandPianoFund|188|||-||-|188|
|Sailing/RowingFund|7,359|||-|(2,727)||4,362|
|GirlsDayHouseFund|12,500|||-||-|12,500|
|SchoolHouseFund|819|||-||-|819|
|NewFieldCricketFund|5,275|||-||-|5,275|
|SENFund||-|1,999|||-|18,468|
|PPEFund|18,468|||.|(3,184)||15,284|
|WatsonFootballTable|631|||-||-|631|
|Fund|3,000|||.||-|3,000|
|TapTwinningFund||||||||
|HughHarperFund|1,683|||-||-|1,683|
|HSWJTrustFund|12,500||12,500|||-|25,000|
|CricketScoreboard|3,000|||-||-|3,000|
|StanfordAward|475||600|||-|1,075|
|Total|
93,773
|
|
15,099
|
|
(20,763)
|
|
88,109
|
##
##
##
|iorYearRestrictedFunds||||||
|---|---|---|---|---|---|
||At1||Income|Expenditure|At31|
||September||||August2021|
||2020|||||
|CapitalBuildingFund|26,250||-|-|26,250|
|HarpsichordFund
RedgraveProjectorFund
GrandPianoFund
Sailing/RowingFund|1,250
375
188
7,359|
|-
-
-
-|-
-
-
-|1,250
375
188
7,359|
|GirlsDayHouseFund
SchoolHouseFund|12,500
819|
|-
-|-
-|12,500
819|
|NewFieldCricketFund|6,528||-|(1,253)|5,275|
|PPEFund
WatsonHouseFootball|18,468
631|
|-
-|-
-|18,468
631|
|Tablefund||||||
|TapTwinningFund|3,000||-|-|3,000|
|HughHarperFund
HSWJTrustFund
CricketScoreboard
SirCharlesVillers||-
-
-
-|1,683
12,500
3,000
475|-
-
-
-|1,683
12,500
3,000
475|
|StanfordAward||||||
|Total|
77,368
|
|
17,658
|
(1,253)
|
93,773
|
##
##
##
##
##
|NRESTRICTEDFUNDS||||||
|---|---|---|---|---|---|
||At1|Income|Expenditure|Fund|At31|
||September|||Transfer|August|
||2021||||2022|
|Scholarshipsand|13,348|91,448|(77,171)|-|27,625|
|Bursaries||||||
|Total|
13,348
|
91,448
|
(77,171)
|
-
|
27,625
|
##
##
##