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2020-08-31-accounts

Contents Page
Officers and Professional Advisers
Trustees Report 4-6
Independent
Examiner's
Report
Statement ofFinancial Activities
Balance Sheet
Notes to Financial
Statements
10-15

Trustees Mrs JS Calialin
Mrs SKBain
Mrs SHodgson
Headteacher Mrs JSCahalin
Administrator Mrs JMason
Registered Office Regent Street
Lancaster
LA1 1SF
Accountants CWR Chartered Accountants
20 Mannin
Way
Lancaster Business Park
Caton Road
Lancaster
LA1 3SW
Bankers Lloyds TSB
49 Market Street
Lancaster
LA1 1JH
Santander
63-65Market Street
Lancaster
LA1 1JG
Solicitors Veale Wasbrough Vizards
Orchard Court
Orchard Lane
Bristol
BSI5WS

Unrestricted Restricted Total funds Total funds
funds funds For the year For the year
ended 31 ended 31
August August
Note 2020 2019
Incoming resources
Voluntary income:
Donations and gifts 36,094 10,903 46,997 36,856
Investment income:
Bank interest / dividend
income
202 934 1,136 1,176
Total incoming
resources
3G,296 11,837 48,133 38,032
Resources expended
Charitable expenditure
Cost ofgenerating
voluntary
income
Charitable activities 28,4'/3 9,632 38,105 78,050
Governance
costs
1,842 1,842 1)806
Total resources expended 30,315 9,632 39,947 79)856
Net incoming/(outgoing)
resources before other
recognised gains and losses 5,981 2,205 8,186 (41,824)
Unrealised (loss)/gain
on investments
(825) (825) 1,088
Net Movements
in Funds
5,9SI 1,380 7,361 (40,736)
Reconciliation ofFunds
Balances Brought Fonvard 1stSeptember 2019 4G5,047 53,277 518)324 559,060
Balances Carried Fonvard 31stAugust 2020 471,028 54,657 525,685 518,324

AS AT31S TAUG UST 2020
Note 2020 2019
f.
Investments 25,471 Z6,296
Current Assets
Debtors 4,116 7,258
Cash at bank and in hand 500,439 545,497
504,555 552,755
Creditors: Amounts falling due avithin one year (4,341) (60,727)
Net current Assets 500,Z14 492,028
Net Assets 525,685 518,324
Funds
Unrestricted funds:
General funds 471,028 465,047
Restricted funds 54,657 53,277
Total Itunds 525,685 518,324

Unrestricted Restricted Total Total
funds funds For the year Forthc year
ended 31 ended 31
August August
2020 2019
1.Cost ofgenerating voluntary
income
Sundry expenses
2.Charitable activities
Grants made in respect of".
General contributions to LGGS (including prizes) 1,409 169 1,57S 4,075
Contribution towards LGGS trips on behalf ofpupils 25 103 128 1,025
Contribution towards LGGS student course bursaries 3,750 3,750 2,500
Contribution towards LGGS general equipment 35 35 1,564
Contribution towards LGGS roofrepair costs {1,737) (1,737) 55,417
Contribution towards LOGS hall audio equipment 2,288
Contribution towards LGGS maths trips k. competition costs 7S4 784 2,212
Contribution towards LGGS Centenary Hall dmma facilities 23,164 23,164
Contribution towards LGGS library books 4,313 4,313
Contribution towards LGGS music and technology costs 480 480 915
Donations to National Charities 4,S02 4,802 4,172
Donations to International
Charities
72S 728 3,686
Donations to other parties 80 80 196
2S,473 9,632 38,105 78,050
3.Governance 3.Governance costs
Accountancy and independent examiner's fee 1,842 1,842 1,S06
I,S42 1&842 1,806

5.Investments 2020 2019
COIF Units 20,447 19,738
BlackRock Investment Fund 209 202
M&G Investments 4,815 6,356
25,471 26,296
6.Debtors 2020 2019
Gift Aid recoverable 4,116 4,066
Balance due from Lancaster Girls' Grammar School 3,192
P repayments
4,116 7,258
7.Creditors: Amounts falling due within one year 2020 2019
Commitments to Lancaster Girls' Grammar School 693 58,921
Accruals and deferred income 3,648 1,806
4,341 60,727

8.Restrict ed funds
Balance Incoming Outgoing Transfers Balance
31.08.19 resources resources 31.08.20
K
Restricted Prize / Bursary Fund 38,684 2,183 (1,233) 39,634
The Dowager Countess Eleanor Peel Trust Bursary 5,000 4,500 (3,600) 5,900
Donations to National Charities 3,648 2,435 (4,802) 1,281
Donations to International Charities 643 2,479 (728) 2,394
Other restricted charitable donations 240 (80) 160
Joyce Rigby legacy for mathematics 5,302 (14) 5,288
53,277 11,837 (10,457) 54,657

9.Analysis ofnet assets between
funds
Tangible Net Current Total
Fixed Assets Assets 202Q
Restricted Funds 54,657 54,657
Unrestricted Funds 471,028 471,028
525,685 525,685