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2021-08-31-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 JSCahalin
Mrs SKBain
Mrs SHodgson
Headteacher Mrs JS Cahalin
Administrator Mrs JMason
Registered Office Regent Street
Lancaster
LA1 1SF
Accountants CWR Chartered Accountants
20 Mannin Way
Lancaster Business Park
Caton Road
Lancaster
LAI 3SW
Bankers Lloyds TSB
49 Market Street
Lancaster
LA1 1JH
Santander
63-65 Market Street
Lancaster
LA1 1JG
Solicitors Veale Wasbrough Vizards
Orchard Court
Orchard Lane
Bristol
Bsl SWS

YEAR END 31STAUG UST 2021
Unrestricted Restricted Total funds Total funds
funds funds For the year For the year
ended 31 ended 31
August August
Note 2021 2020
Incoming
resources
Voluntary
income:
Donations
and gifts
20,897 6,279 27,176 46,997
Investment
income:
Bank interest
/ dividend
income 46 895 941 1,136
Total incoming resources 20,943 7,174 28,117 48,133
Resources expended
Charitable
expenditure
Cost ofgenerating
voluntary
income
Charitable
activities
409 67227 6,636 38,105
Governance
costs
1,932 1,932 1,842
Total resources expended 2,341 6,227 8,568 39,947
Net incoming/(outgoing) resources before other
recognised
gains and losses
18,602 947 19,549 8,186
Unrealised
(loss)/gain
on investments
3,955 3,955 (825)
Net Movements
in Funds
18,602 4,902 23,504 7,361
Reconciliation ofFunds
Balances Brought Forward 1stSeptember 2020 471,028 54,657 525,685 518,324
Balances Carried Forward 31stAugust 2021 489,630 59,559 549,189 525,685

AS AT31S TAUGU ST 2021
Note 2021 2020
Investments 29,426 25,471
Current Assets
Debtors 3,618 4,116
Cash at bank and in hand 518,752 500)439
522,370 504,555
Creditors: Amounts falling due within one year (2,607) (4,341)
Net current Assets 519,763 500,214
Net Assets 549,189 525,685
Funds
Unrestricted funds:
General
funds
489,630 471&028
Restricted
funds
59,559 54,657
Total Funds 549,189 525,685

Unrestricted Restncted Total Total
funds funds For the year For the year
ended 31 ended 31
August August
2021 2020
1.Cost ofgenerating voluntary
income
Sundry expenses
2.Charitable activities
Grants made in respect of:
General contributions to LGGS (including prizes) 10 10 1,578
Contribution towards LGGS trips on behalf ofpupils 100 100 128
Contribution towards LGGS student course bursaries 3,825 3,825 3,750
Contribution towards LGGS general
equipment
35
Contribution towards LGGS roof repair costs (1,737)
Contribution towards LGGS maths trips &competition costs 784
Contribution towards LGGS Centenary Hall drama facilities 23,164
Contribution towards LGGS library books 4,313
Contribution towards LGGS music and technology costs 399 399 480
Donations
to
National Charities 4,802
Donations
to
International
Charities
2,302 2,302 728
Donations
to
other parties 80
409 6,227 6,636 38,105
3.Governance
costs
Accountancy and independent
examiner's
fee 1,932 1,93Z 1,842
1,932 1)932 1)842

5.Investments 2021 2020
COIF Units 23,081 20,447
BlackRock Investment Fund 195 209
M&G Investments 6,150 4,815
29,426 25,471
6.Debtors 2021 2020
Gift Aid recoverable 3,618 4,116
Prep ayments
3,618 4,116
7.Creditors: Amounts falling due within one year 2021 2020
Commitments to Lancaster Girls' Grammar School 693 693
Accruals and deferred income 1,914 3,648
2,607 4,341

8.Restricted funds
Balance Incoming Outgoing Transfers Balance
31.08.20 resources resources 31.08.21
Restricted Prize / Bursary Fund 39,634 5,021 (100) 44,555
The Dowager Countess Eleanor Peel Trust Bursary 5,900 5,000 (3,825) 7,075
Donations to National Charities 1,281 23 1,304
Donations to International Charities 2,394 1,085 (2,302) 1,177
Other restricted
charitable
donations 160 160
Joyce Rigby legacy for mathematics 5,288 5,288
54,657 11,129 (6,227) 59,559

9.Analysis ofnet assets between
funds
Tangible Net Current Total
Fixed Assets Assets 2021
Restricted Funds 59,559 59,559
Unrestricted Funds 489,630 489,630
549 189 549 189