2025-08-31-accounts - The Monmouth Schools' Charitable Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		`Unrestricted`	`Designated`	`Restricted`		`Total`		`Total`
		`Funds`	`Funds`	`Funds`		`2025`		`2024`
	`Note`	`£`	`£`	`£`		`£`		`£`
								`Restated*`
`Incomefrom:`
`DonationsandLegacies` `InvestmentIncome`	`2` `3`	`$7,940` `-`	`-` `-`	`660,092` `12,237`		`718,032` `12,237`		`267,132` `11,584`
`BankInterest` `Totalincome`		`-` `57,940`	`-` `-`	`6,867` `679,196`		`6,867` `737,136`		`278,716`	`-`
`Expenditureon:`
`Raisingfunds`
`Fundraising& Development`	`4`	`57,940`	`-`	`23,000`		`80,940`		`67,167`
`Investmentmanagement`	`4`	`-`	`-`	`2,028`		`2,028`		`1,933`
		`57,940`	`-`	`25,028`		`82,968`		`69,100`
`Charitableactivities`
`Grantawards-projects`	`4`	`-`	`-`		`-`		`-`	`32,239`
`Grantawards` `-bursaries`	`4`	`63`	`-`	`72,160`		`72,223`		`65,279`
		`63`	`-`	`72,160`		`72,223`		`97,518`
`Totalexpenditure`		`58,003`	`-`	`97,188`		`155,191`		`166,618`
`Net(losses)/ gainsoninvestments`	`3`	`-`	`-`	`623`		`623`		`13,488`
`Net(expenditure)/income`		`(63)`	`-`	`582,631`		`582,568`		`125,586`
`Netmovementinfunds`		`(63)`	`-`	`582,631`		`582,568`		`125,586`
`Reconciliationoffunds`
`Totalfundsbroughtforward`
`1September2024`	`8`	`8,350`	`-`	`646,231`		`654,581`		`528,995`
`Totalfundscarriedforward`
`31August2025`	`8`	`8,287`	`-`	`1,228,862`		`1,237,149`		`654,581`

		`2025`	`2024`
`Cashflowsfromoperatingactivities`		`£` `582,968`	`£` `99,178`
`Cashflowsfrominvestingactivities`
`Interestreceived` `Netcash(usedin)/generatedfrominvestingactivities`		`6,867` `6,867`	`-` `-`
`Netcashusedinfinancingactivities`		`“`	`7`
`Changeincashandcashequivalentsinthereportingperiod`		`589,835`	`99,178`
`Cashandcashequivalentsatbeginningofyear`		`370,253`	`271,075`
`Cashandcashequivalentsatendofyear`		`960,088`	`370,253`
`Reconciliationofnetincometonetcashflowfromoperatingactivities`
`Netincomeforthereportingperiod(aspertheStatementofFinancialActivities)` `Adjustmentsfor:`		`582,568`	`125,586`
`Losses/gainsoninvestments`		`(623)`	`(13,488)`
`Interestreceived` `Investmentincomereceived`		`(6,867)` `(12,237)`	`-` `(11,584)`
`Investmentmanagementfees`		`2,028`	`1,933`
`Decrease/(increase)indebtors`		`4,990`	`(4,004)`
`Increase/(decrease)increditors` `Netcashprovidedbyoperations`		`13,109` `582,968`	`735` `99,178`
`Analysisofcashandcashequivalents`
`Cashatbank`		`705,037`	`370,253`
`Investmentcash`		`255,051`	`-`
`Totalcashandcashequivalents`		`960,088`	`370,253`
	`At`		`At`
	`1September`		`31August`
	`2024`	`Cashflow`	`2025`
	`£`		`£`
`Analysisofchangesinnetfunds`
`Cashatbank`	`370,253`	`334,784`	`705,037`
`Investmentcash`	`-`	`255,051`	`255,051`
`Total`	`370,253`	`589,835`	`960,088`

			`2025`	`2024`
			`£`	`£`
`Donations` `Legacies` `Donation`	`ofservice`	`fromHaberdashers’MonmouthSchool`	`660,092` `-` `57,940`	`Restated*` `95,918` `104,047` `67,167`
			`718,032`	`267,132`

`FixedAssetInvestments`
`InvestmentIncome` `Dividends`	`2025` `£` `12,237`	`2024` `£` `11,584`
	`12,237`	`11,584`
`SecuritiesInvestments`	`2025`	`2024`
	`£`	`£`
`AlphaCIFforIncomeandReservesIncomeshares` `Cash`	`260,254` `22,361`	`262,133` `9,650`
	`282.615`	`271.783`
	`2025`	`2024`
	`£`	`£`
`MarketValueasatIstSeptember2024` `Cashmovement` `Realisedandunrealisedlosses` `Marketvalueasat31stAugust2025`	`271,783` `10,209` `623` `282,615`	`248.645` `9,650` `13,488` `271,783`

`Analysisofexpenditure`
	`Staff`	`Other`	`2025`	`2024`
	`Costs`	`Costs`	`Total`	`Total`
	`£`	`£`	`£`	`£`
				`*Restated`
`CostsofRaisingFunds`
`Fundraising& development` `Fundraisingevents`	`36,354` `-`	`2,835` `4,149`	`39,189` `4,149`	`40,832` `9,116`
`Travel` `Officeexpenses` `Technologycosts`	`-` `-` `-`	`971` `-` `13,631`	`971` `-` `13,631`	`1,461` `665` `15,093`
`Investmentmanagementfees`	`-`	`2,028`	`2,028`	`1,933`
`RecruitmentCosts` `Total`	`-` `36,354`	`23,000` `46,614`	`23,000` `82.968`	`-` `69,100`
`CharitableActivities`
`Bursariesandawards- Flaberdashers’MonmouthSchool`	`-`	`72,223`	`72,223`	`65,279`
`Capitalgrants-Haberdashers'MonmouthSchool`	`-`	`-`	`-`	`32,239`
`Total`	`-`	`72,223`	`72,223`	`97,518`
`TotalExpenditure`	`36.354`	`118.837`	`155.191`	`166,618`

`6`	`Debtors:amountsduewithinoneyear`	`2025`	`2024`
		`£`	`£`
	`Otherdebtors- Giftaidclaimable`	`9,576`	`14,566`
		`9,576`	`14,566`
	`TheCharityhasentitlementtoreceivea residuarylegacywhichissubjecttolifeinterestandwhichhasnotbeenrecognisedinincome`
	`yetduetouncertaintiesregardingthetimingandthevalueofreceipt.`
`7`	`Creditors:amountsfallingduewithinoneyear`	`2025`	`2025`
		`£`	`£`
	`Haberdashers'MonmouthSchool`	`15,130`	`2,021`
		`15,130`	`2,021`

`TheCharitableTrustwasoriginallyformedtocoveralltheSchoolsinwhatwasthentheMonmouthgroup.Sincethattimetheschools` `havebeenconsolidatedintoa singleco-educationalschoolknownasHaberdashers'MonmouthSchool(theSchool).Carewillbetaken` `toensurethecorrectapplicationoffundswheredonorshavespecificallyrequestedthattheirdonationsaretobeusedtosupportgirls` `orboys.`	`TheCharitableTrustwasoriginallyformedtocoveralltheSchoolsinwhatwasthentheMonmouthgroup.Sincethattimetheschools` `havebeenconsolidatedintoa singleco-educationalschoolknownasHaberdashers'MonmouthSchool(theSchool).Carewillbetaken` `toensurethecorrectapplicationoffundswheredonorshavespecificallyrequestedthattheirdonationsaretobeusedtosupportgirls` `orboys.`	`TheCharitableTrustwasoriginallyformedtocoveralltheSchoolsinwhatwasthentheMonmouthgroup.Sincethattimetheschools` `havebeenconsolidatedintoa singleco-educationalschoolknownasHaberdashers'MonmouthSchool(theSchool).Carewillbetaken` `toensurethecorrectapplicationoffundswheredonorshavespecificallyrequestedthattheirdonationsaretobeusedtosupportgirls` `orboys.`
`TheBarkerScholarship`
`Establishedtofunda scholarshipfora deservinggirlenteringtheSchool.`
`ThePhillipsFamilyAward`
`FundsreceivedtofundbursariesatHaberdashersMonmouthSchool.`
`MannsSixthFormScholarship`
`Awardedtoexternalcandidateswho` `sittheSixthFormScholarshipexamination` `significantlyaboveaverageandwhoareintendingtoapplytoCambridgeUniversity.`	`,born`	`locally,haveachievedgradesatGCSE`
`TheRelithanFund`
`DonationsspecificallytohelpfinanceimprovementsintheinfrastructureofHaberdashers'MonmouthSchool`
`AnonymousBursaryFund`
`Tobeusedtosupporta meanstestedbursaryintheSchool.`
`TheWallisFamilyFund`
`TheTrusteeisrestrictedtousingthefundsspecificallyformeanstestedbursaryfundinginthe`		`School`
`TheQuentinSoanesRowingFund`
`Fundsreceivedspecificallytoawarda scholarshiptoa pupilintheSchoolexcellingin`	`rowing`
`OMBursaryFund`
`SpecificallytosupportbursariesforpupilsintheSchool.`
`TheBuckland6thFormScholarship`
`Establishedtofunda scholarshipfora deservingpupilentering6thFormintheSchool.`
`DrabbleLegacy`
`Fundsreceivedforthepurposeofadvancementofeducation.`
`OMBursarySupport`
`SpecificallytosupportbursariesforpupilsintheSchool.`
`OMScienceScholar`
`Fundsreceivedtooffera sciencescholarshipintheSchool.`
`HardshipFund`
`Fundsreceivedtosupportparentsadverselyaffectedbyunforeseeneconomicpressures.`
`RowingBoat2022`
`Fundsreceivedfromthevariousdonorstosupporta longtermrowingboatreplacement`	`plan.`
`WilliamJonesFund`
`Abursaryandscholarshipfundtoprovideeducationtoboysandgirlsofabilityfromthelocal`		`area.`
`Denning-FreemanBursaryFund`
`Fundsreceivedtohelpfinancea means-testedbursaryattheSchool.`
`DevelopmentFund`
`FundsreceivedtosupportthecreationofanenhancedfundraisingresourceinHaberdashers'MonmouthSchool.`
`TheStephenAddisCharityTrust`
`Legacyreceivedtobeutilisedforfeesupport.`
`TheChapelFund`
`LegacyreceivedtobeusedforthepurposeoftheSchoolChapel`
`SustainabilityFund`
`FundsreceivedtosupportsustainabilityprojectsintheSchool.`
`BursarySupport(fromSeptember24)`
`Fundsreceivedtosupportbursariesforbothboysandgirlsinthenewco-educationalHaberdashers'MonmouthSchool`
`SpeechDayPrizeFunds`
`PundsreceivedtoprovideannualspeechdayprizesatHaberdashers'MonmouthSchool.`

`Movementsfortheyearareasfollows:`
	`At`								`At`
	`1September`		`Income`		`Expenditure`	`Transfers`		`Gainsand`	`31August`
	`2024`							`Losses`	`2025`
	`£`		`£`		`£`	`£`		`£`	`£`
`RestrictedFunds`
`BarkerScholarship`	`50,822`		`1,485`		`(10,856)`		`-`	`80`		`41,531`
`PhillipsFamilyAward`		`-`	`104,976`		`-`		`-`	`-`		`104,976`
`TheMannsSixthFormScholarship`	`41,185`		`1,848`		`(307)`		`-`	`100`		`42,826`
`TheRelithanFund`	`54,010`		`356,792`		`(403)`		`-`	`104`		`410,503`
`AnonymousBursaryFunds`	`21,675`		`884`		`(1,477)`		`-`	`48`		`21,130`
`TheWallisFamilyFund`	`70,134`		`6,161`		`(505)`		`-`	`165`		`75,955`
`QuentinSoanesRowingFund`	`1,359`		`-`		`-`		`-`	`-`		`1,359`
`OMBursaryFund`	`500`		`1,352`		`-`		`-`	`88`		`1,940`
`Buckland6thFormScholarship`	`23,573`		`13,205`		`(12,482)`		`-`	`38`		`24,334`
`DrabbleLegacy`	`16,302`		`-`		`-`			`-`		`16,302`
`OMClubBursarySupport`	`46,941`		`268`		`(268)`		`-`	`-`		`46,94]`
`OMClubScienceScholar`	`10,360`		`-`		`-`		`-`	`-`		`10,360`
`HardshipFund` `RowingBoatFund2022`	`4,381` `10,491`		`33` `-`		`(33)` `-`		`=` `-`	`7` `-`		`4,381` `10,491`
`WilliamJonesFund- Boys`	`121,273`		`29,001`		`(25,460)`		`-`	`-`		`124,814`
`WilliamJonesFund- Girls`	`30,249`		`7118`		`(21,218)`		`-`	`-`		`16,149`
`Denning-FreemanBursaryFund`	`5,000`		`-`		`-`		`-`	`-`		`5,000`
`DevelopmentFund`	`35,000`		`150,000`		`(23,000)`		`-`	`-`		`162,000`
`TheStephenAddisCharityTrust`	`97,547`		`-`		`(900)`		`-`			`96,647`
`BarbaraMatthewsEstate`	`1,500`		`-`		`-`		`-`	`-`		`1,500`
`Sustainability`	`1,250`		`-`		`(179)`		`-`	`-`		`1,071`
`BursarySupportfromSep24`	`-`		`5,013`		`-`		`-`	`-`		`5,013`
`SpeechDayPrizeFunds`	`2,679`		`1,060`		`(100)`		`-`	`-`		`3,639`
`TotalRestrictedFunds`	`646,231`		`679,196`	`-`	`(97,188)`		`-`	`623`	`1,228,862`
`UnrestrictedFunds`	`8,350`		`37,940`		`(58,003)`		`-`	`-`		`8,287`
`TotalFunds`	`654,58]`		`737,136`		`(155,191)`		`-`	`623,`	`SC«W;«`	`237,40"`

`Funds(continued)Analysisofnetassetsbetweenfunds`				`At` `31August`
	`FixedAsset`	`Current`	`Current`	`2025`
	`Investments`	`Assets`	`Liabilities`	`Total`
	`£`	`£`	`£`	`£`
`UnrestrictedFunds`	`-`	`8,287`	`-`	`8,287`
`RestrictedFunds`	`282,615`	`961,377`	`(15,130)`	`1,228,862`
	`282,615`	`969,664`	`(15,130)`	`1,237,149`

		`At`					`At`
		`1September`	`Income`	`Expenditure`	`Transfers`	`Gainsand`	`31August`
		`2023`				`Losses`	`2024`
		`£`	`£`	`£`	`£`	`£`	`£`
	`RestrictedFunds`		`Restated` `*`	`Restated*`
	`BarkerScholarship`	`50,000`	`1,057`	`(235)`	`-`	`-`	`50,822`
`_`	`TheMannsSixthFormScholarship`	`37,679`	`1,755`	`(293)`	`-`	`2,044`	`41,185`
	`TheRelithanFund`	`49,412`	`2,302`	`(384)`	`-`	`2,680`	`54,010`
	`AnonymousBursaryFunds`	`20,732`	`841`	`(875)`	`-`	`977`	`21,675`
	`TheWallisFamilyFund`	`61,876`	`5,383`	`(481)`	`-`	`3,356`	`70,134`
	`QuentinSoanesRowingFund`	`3,357`	`-`	`(1,998)`	`-`	`-`	`1,359`
	`OMBursaryFund`	`500`	`-`	`-`	`-`	`-`	`500`
	`Buckland6thFormScholarship`	`19,73]`	`13,170`	`(10,107)`	`-`	`779`	`23,573`
	`DrabbleLegacy`	`28,276`	`-`	`(11,974)`	`-`	`-`	`16,302`
	`OMClubBursarySupport`	`43,866`	`1,539`	`(257)`	`-`	`1,793`	`46,941`
	`OMClubScienceScholar`	`17,334`	`-`	`(6,974)`	`-`	`-`	`10,360`
	`HardshipFund`	`4,009`	`186`	`(31)`	`-`	`217`	`4,381`
	`RowingBoatFund2022`	`10.491`	`-`	`-`	`-`	`-`	`10,491`
	`WilliamJonesFund- Boys`	`117,422`	`31,944`	`(28,093)`	`-`	`-`	`121,273`
	`WilliamJonesFund- Girls`	`21,330`	`14,324`	`(5,405)`	`-`	`-`	`30,249`
	`Denning-FreemanBursaryFund`	`5,000`	`-`	`-`	`-`	`-`	`5,000`
	`DevelopmentFund`	`-`	`35,000`	`-`	`-`	`-`	`35,000`
	`The StephenAddisCharityTrust`	`-`	`97,547`	`-`	`-`	`-`	`97,547`
	`BarbaraMatthewsEstate`	`-`	`1,500`	`-`	`-`	`-`	`1,500`
	`Sustainability`	`-`	`1,250`	`-`	`-`	`-`	`1,250`
	`SpeechDayPrizeFunds`	`2,400`	`379`	`(100)`	`-`	`-`	`2,679`
	`TotalRestrictedFunds`	`493,415`	`208,177`	`(67,207)`	`-`	`11,846`	`646,231`
	`DesignatedFunds`	`30,245`	`352`	`(32,239)`	`-`	`1,642`	`-`
	`UnrestrictedFunds`	`5,335`	`70,187`	`(67,172)`	`-`	`-`	`8,350`
	`TotalFunds`	`528,995`	`278,716`	`(166,618)`	`-`	`13,488`	`654,581`
							`At`
							`31August`
	`Analysisofnetassetsbetweenfunds`			`FixedAsset`	`Current`	`Current`	`2024`
				`Investments`	`Assets`	`Liabilities`	`Total`
				`£`	`£`	`£`	`£`
	`UnrestrictedFunds`			`-`	`8,350`	`-`	`8,350`
	`DesignatedFunds`			`-`	`-`	`-`	`-`
	`RestrictedFunds`			`271,783`	`376,469`	`(2,021)`	`646,231`
				`271,783`	`384,819`	`(2,021)`	`654,581`

`Unrestricted`	`Unrestricted`	`Designated`	`Restricted`	`Total`	`Total`
	`Funds`	`Funds`	`Funds`	`2024`	`2023`
`Incomefrom:` `Donations` `Investments`	`=` `70,187` `-`	`£` `-` `352`	`£` `196,945` `11,232`	`£` `Restated*` `267,132` `11,584`	`£` `Restated*` `148,597` `11,327`
`Totalincome`	`70,187`	`352`	`208,177`	`278,716`	`159,924`
`Expenditureon:`
`Raisingfunds`
`Fundraising& Development` `Investmentmanagement`	`67,167` `-`	`-` `-`	`-` `1,933`	`67,167` `1,933`	`69,752` `1,897`
	`67,167`	`-`	`1,933`	`69,100`	`71,649`
`Charitableactivities`
`GrantsandBursaries`	`5`	`32,239`	`65,274`	`97,518`	`71,327`
`Totalexpenditure`	`67,172`	`32,239`	`67,207`	`166,618`	`142,976`
`Net(losses)/ gainsoninvestments`	`-`	`1,642`	`11,846`	`13,488`	`(16,008)`
`Netincome`	`3,015`	`(30,245)`	`152,816`	`125,586`	`940`
`Netmovementinfunds`	`3,015`	`(30,245)`	`152,816`	`125,586`	`940`
`Reconciliationoffunds`
`Totalfundsbroughtforward`
`1September2023` `Totalfundscarriedforward`	`5,335`	`30,245`	`493,415`	`528,995`	`528.055`
`31August2024`	`8,350`	`-`	`646,231`	`654,581`	`528,995`
`Analysisofexpenditurefortheyearending31August`	`2024`
		`Staff`	`Other`	`2024`	`2023`
		`Costs`	`Costs`	`Total`	`Total`
`CostsofRaisingFunds` `Fundraising& development` `Fundraisingevents`		`£` `32,063` `-`	`£` `8,769` `9,116`	`£` `Restated*` `40,832` `9,116`	`£` `Restated*` `50,672` `892`
`Travel` `Officeexpenses`		`-` `-`	`1,461` `665`	`1,461` `665`	`6,991` `1,518`
`Technologycosts`		`-`	`15,093`	`15,093`	`9,679`
`Investmentmanagementfees` `Total`		`-` `32,063`	`1,933` `37,037`	`1,933` `69,100`	`1,897` `71,649`
`CharitableActivities`
`Bursariesandawards- Haberdashers'MonmouthSchools` `CapitalGrantsawarded- Haberdashers'MonmouthSchools` `Total`		`-` `-` `-`	`65,279` `32,239` `97,518`	`65,279` `32,239` `97,518`	`71,327` `-` `71,327`
`TotalExpenditure`		`32,063`	`134,555`	`166,618`	`142,976`