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|Contents||
|---|---|
|Report ofthe Director of Education.||
|Objectives ..||
|Activities .....||
|Achievements
and performance.||
|Financial
Review|.16|
|Plans for future periods. .....|..18|
|Factors affecting our success......|.19|
|Statement ofTrustees'
Responsibilities. .|.20|
|Disclosure of information
to Auditor. .|.20|
|Structure, Governance
and Management. .|.21|
|Reference and Administrative
Details ofthe Charity: itemised.|.26|
|Independent
auditor's
report to the members of Lincoln Diocesan Board of Education .....|....28|
|Statement of FinancialActivities
.|31|
|Balance Sheet ..|32|
|Statement
of Cash Flows ...................|..33|
|Notes to the Financial Statements|..34|
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|Surname|Forename(s)|Date
appointed|Date
retired|Committee|Appointment|
|---|---|---|---|---|---|
|Adnitt|Michael
lain|01/01/19||F&A|CO-OPTED|
|Al
Iain-
Chapman|Justine Penelope Heathcote|19/04/22||n/a|BN|
|Bacon|Julie Kathleen|21/11/20||L&D||
|Barron|Sonia Patnoa|01/01/16||L&D||
|Beverley|Joan Hilary|01/01/16||L&D||
|Brewster|Paul David|01/03/22||F&A|CO-OPTED|
|Brown|Nicholas James Watson|01/03/22||F&A|BN|
|Chamberlain|Nicholas
Alan|21/01/16|18/04/22|n/a|BN|
|Clements|David|01/01/19||F&A||
|Conway|Stephen
David|01/01/22|30/04/23|n/a|EX-OFFICIO|
|Court|David Eric|01/05/23||n/a|EX-OFFICIO|
##
##
|Surname|Forename(s)|Date
appointed|Date
retired|Committee|Appointment|
|---|---|---|---|---|---|
|Edwards|Cherry Anne|01/01/16||L&D||
|Edwards|Sheridan|12/03/20|28/02/22|L&D|CO-OPTED|
|Ely|Sonya|12/03/20||L&D|CO-OPTE D|
|Fisher|Nicolete|16/12/13||F&A|BN|
|Green|Denise Penelope|01/01/19||L&D||
|Johnson|Philip Anthony|07/11/15|28/02/22|L&D||
|Kyle|Martin James|10/10/19||L&D|CO-OPTED|
|Machell|Georgina|07/OS/19||L&D|BN|
|Mann|Frederick Frank|01/03/22||F&A||
|Marsden|Gregory|29/01/19|28/02/22|L&D|CO-OPTED|
|Robinson|lan|01/03/22||L&D|BN|
|Snelling|Nicola|21/11/20|28/02/22|L&D||
|Stern|Julian|01/03/22||L&D|CO-OPTED|
|Warrick|Alison|01/01/16||F&A||
|Whiteoak|Daphne|12/03/19||L&D|CO-OPTED|
##
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|team. During 2022 t|his include|d:|
|---|---|---|
|Education Officers||Assistant
Diocesan Director ofEducation|
|School Improvement|Officers|Two Schools Effectiveness
Advisers|
|Courses and conferences||Events Co-ordinator
(until 11Feb 2022)|
|Core support staff||Finance
Ik Operations
Manager|
|||Two Administration
Officers|
|||Compliance
g Governance
Lead (from 25 April 2022)|
##
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|Professional
body||Main involvement||||||
|---|---|---|---|---|---|---|---|
|||Working with the Regional Director/DfE|to form new church||MATs|and||
|Department
for Education||convert church schools in to academies;|and to monitor performance||||in|
|||schools and academies.||||||
|HMI (His Majesty' s
Inspectorate)||Meetings to share updates and monitor|school performance|||||
|Ofsted||Feedback at inspections
and monitoring|visits|||||
|Church of England
Education
Office||National
guidance
and support e.g. relating to SIAMs inspections||||||
|Teaching School Partnership
Board||Systems Leaders and School-to-School
Support||||||
|North Lincolnshire
Local||School improvement,
headship
recruitment,||Education Standards||Board,||
|Authority||Scrutiny
Panel and SACRE||||||
|Lin coins hire County Council||Children's
and Young People Scrutiny Panel,
Supporting
vulnerable
schools, Head teacher||Schools Forum,
recruitment|SACRE,|||
|North
East Lincolnshire
Local
Authority||Children's
and Young People Scrutiny Panel,||SACRE||||
|The Lincolnshire
Learning||Board member to support
new sector led school improvement|||in|||
|Partnership
Board (LLPB)||Lincolnshire||||||
|Association of Anglican
Directors ofEducation
(AADE)||National
updates
and strategy on church|school education|||||
|Diocesan Admissions
Group||National
updates
on admission
policy||||||
|Diocesan Governance
Group||National
Updates on Governance||||||
|National
SIAMS Advisors'
Network|Group|Updates
on SIAMS inspections||||||
|Association of RE Advisers,
Inspectors
and Consultants||National
updates
on Religious Education||||||
|||Members of University
Council (from LDBE)||||||
|Bishop Grosseteste
University||Member of LDBE(from the University)||||||
|||Support
with ITT, Interview
prospective|students|||||
|||Church Schools Festivals||||||
|Lincoln Cathedral||LDBECarol Service||||||
##
|Trustees|||||||
|---|---|---|---|---|---|---|
|At the date|of signing|Venerable
Dr Justine Allain-Chapman,|||Archdeacon ofBoston, Chair||
|||Mr M Adnitt|||||
|||Mrs J KBacon|||||
|||Revd 5 Barron|||||
|||Dr H Beverley|||||
|||Mr P Brewster|||||
|||Revd
N Brown|||||
|||Mr D Clements|||||
|||Rt Revd Dr D Court|||||
|||Mrs C Edwards 0BE|||||
|||Mrs 5 Ely|||||
|||Canon
N Fisher|||||
|||Mr M Kyle|||||
|||Revd G Machell|||||
|||Mr F Mann|||||
|||Canon
I Robinson|||||
|||ProfJ Stern|||||
|||Mrs A Warrick|||||
|||Mrs DWhiteoak|||||
|Diocesan Director ofEducation||Mr PThompson|||||
|Registered|office|Edward
King House|||||
|||Minster|Yard||||
|||Lincoln|||||
|||LN2 1PU|||||
|Principal address||Edward|King House||||
|||Minster|Yard||||
|||Lincoln|||||
|||LN2 1PU|||||
|Telephone|number|01522504010|||||
|Website||www. lincolndiocesaneducation.||||com|
|Email||education. events||lincoln.|an|lican.or|
##
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##
##
|||||LINCOLN DIOCESAN BOARD OF|LINCOLN DIOCESAN BOARD OF|EDUCATION|||
|---|---|---|---|---|---|---|---|---|
|||||STATEMENT OF FINANCIAL Aci'IVITIES|||||
|||||and Income and Expenditure||Account|||
|||||FOR THE YEAR ENDED 31DECEMBER 2022|||||
|||||||2022||2021|
||||||General funds|Restricted|Total|Total|
|||||||Funds|||
|||||Note|E|6|||
|INCOME FROM:|||||||||
|Donations and legacies|||||||||
|Grants|||||145,071|3,114|148,185|176,234|
|Charitable activities|||||||||
|Special projects|||||3,000||3,000|58,467|
|School buildings|||||9,302||9,302|1,636|
|School improvement|||||136,668||136,668|125,687|
|Courses, conferences||and festivals|||54,855||54,855|62,649|
|Other income|||||1,720||1,720|5,180|
|Investments|||||164,454|25,697|190,151|190,461|
|TOTAL INCOME|||||515,070|28,811|543,881|620,314|
|EXPENDITURE ON:|||||||||
|Charitable
activities|||||||||
|Diocesan Board|ofEducation||Measures|4|307,564||307,564|329,265|
|Special projects|||||28,517||28,517|84,467|
|School buildings|||||9,535||9,535|10,174|
|School Improvement|||||147,618||147,618|152,143|
|Courses, conferences||and festivds|||66,492||66,492|36,376|
|Grant-making||||||21,876|21,876|24,476|
|Multi faith project||||||38,606|38,606|21,160|
|TOTAL EXPENDITURE|||||559,726|60,482|620,208|658,061|
|NET (EXPENDITURE)/ INCOME|||||(44,656)|(31,671)|(76,327)|(37,747)|
|Net (Losses)/gains|on investments||||(54,106)|(394,167)|(448,273)|588,799|
|NET MOVEMENT
IN FUNDS|||||(98,762)|(425,838)|(524,600)|551,052|
|TOTAL FUNDS BROUGHT||FORWARD|||933,314|5,600,778|6,534,092|5,983,040|
|TOTAL FUNDS CARRIED FORWARD||||13|834,552|5,174,940|6,009,492|6,534,092|
##
##
##
||||2022|2021|
|---|---|---|---|---|
||||Total|Total|
|||Note|||
|FIXEDASSETS|||||
|Tangible fixed assets||8|5,127|11,781|
|Investments||9|5,337,641|5,826,154|
||||5,342,768|5,837,935|
|CURRENT ASSETS|||||
|Debtors||10|187,646|314,388|
|Cash at bank|||688,106|546,814|
|Total current assets|||875,752|861,202|
|CREDITORS: Amounts|falling due within||||
|one year|||(209,028)|(165,045)|
|NET CURRENT ASSETS|||666,724|696,157|
|TOTAL ASSETS LESSCURRENT LIABILITIES|||6,009,492|6,534,092|
|NET ASSETS|||6,009,492|6,534,092|
|FINANCED
BYRESERVES:|||||
|General
Funds||13|834,552|933,314|
|Restricted
Funds||13|5,174,940|5,600,778|
|TOTAL RESERVES OF THE CHARITY|||6,009,492|6,534,092|
##
||||2022|2022|2021||
|---|---|---|---|---|---|---|
|Cash flows from operating activities:||||(85,957)||(282,940)|
|Cash flows from investing activities:|||||||
|Purchase ofinvestments|||(761,847)||(354,602)||
|Sales of Investments|||802,087||467,485||
|investment
income|||190,151||190,461||
|Purchase of property,
plant and equipment|||(3,142)||(3,000)||
|Net cash provided
by (used in) investing||activities||227,249||300,344|
|Change
in cash and cash equivalents|In the||||||
|reporting
period||||141,292||17,404|
|Cash and cash equivalents
atthe beginning|||of||||
|the reporting
period||||546,814||529,410|
|Cash and cash equivalents
at the end|of||||||
|the reporting
period||||688,106||546,814|
|Reconciliation ofnet income to net cash||flow from operating||activities|||
|||||2022||2021|
|||||E|||
|Net income for the reporting
period|(as||||||
|the Statement ofFinancial Activities)||||(524,600)||551,052|
|Adjustments
for:|||||||
|Depreciation
charges||||9,796||5,620|
|Losses/(gains)
on investments||||448,273||(588,799)|
|Investment
income||||(190,151)||(190,461)|
|Decrease/(Increase)
in debtors||||126,742||(22,944)|
|Increase/(Decrease)
in creditors||||43,983||(37,408)|
|Net cash (used in )/ provided
by operating|||activities|(85,957)||[282,940)|
|Analysis ofcash and cash equivalents|||||||
|||||2022||2021|
|||||E||E|
|Cashin hand||||688,106||546,814|
|Total cash and cash equivalents||||688,106||546,814|
##
##
##
##
|||||||||2022||2021|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||General|Restricted|||
||||||||||Total|Total|
||||||||funds|Funds|||
||||||||f|f|f||
|2|INCOME||FROM GRANTS||||||||
|||Other grants|||||145,071|3,114|148,185|176,234|
||||||||145,071|3,114|148,185|176,234|
|3|INCOME||FROM ACTIVITIES||||||||
||All income from activities isattributable||||to the charity's|general funds.|||||
|||||||||2022||2021|
||||||||General|Restricted|||
||||||||||Total|Total|
||||||||funds|Funds|||
||||||||f|f|||
|||Staff|release fees and trust work||||3,000||3,000|58,467|
||r|I 3|ildi||||||||
|||Fees for administrative||support|||9,302||9,302|1,636|
|||Service level agreement||and fees|||136,668||136,668|125,687|
||Courses||conferences and festivals||||||||
|||Course fees and festival||attendance|||54,855||54,855|62,649|
||Otherincome||||||||||
|||Otherincome|||||1,720||1,720|5,180|
||||||||205,545||205,545|253,619|
##
##
||Staffing|Other
direct costs|Support
costs|Grants|2022
Total|2021
Total|
|---|---|---|---|---|---|---|
||f|E|E|E|E||
|Diocesan Board of Education Measures|204,800|1,850|100,914||307,564|329,265|
|Special projects|9,630||18,887||28,517|84,467|
|School buildings|9,155||380||9,535|10,174|
|School improvement|133,062||14,556||147,618|152,143|
|Courses, conferences and festivals|50,048|11,196|5,248||66,492|36,376|
|Grant-making||||21,876|21,876|24,476|
|Multi-Faith
project|751||1,493|36,362|38,606|21,160|
||407446|13046|141478|58,238|620,208|658061|
|||Staffing|Other
direct costs|Support
cost'3|Grants|2021
Total|
|---|---|---|---|---|---|---|
|||E|f|E||f|
|Diocesan Board of Education|Measures|222,776|1,368|105,121||329,265|
|Special projects||54,966||29,501||84,467|
|School buildings||8,972||1,202||10,174|
|School improvement||136,476||15,667||152,143|
|Courses, conferences and festivals||32,202|1,293|2,881||36,376|
|Grant-making|||||24,476|24,476|
|Multi-Faith
project|||||21,160|21,160|
|||455,392|2,661|154,372|45,636|658,061|
|SUPPORT COSTS||||
|---|---|---|---|
|||2022|2021|
|||E|f|
|Diocesan Board ofEducation|Measures|100,914|105,121|
|Special projects||18,887|29,501|
|School buildings||380|1,202|
|School improvement||14,556|15,667|
|Courses, conferences and festivals||5,248|2,881|
|Grant-making||||
|Multi-Faith
project||1,493||
|||141,478|154,372|
||FOR THE YEAR ENDED 31D|ECEMBER 2022||
|---|---|---|---|
|||2022|2021|
|6|NET INCOME BEFORETRANSFERS|||
||Net income
is stated after|||
||Depreciation|9,796|5,620|
||Audit fees|17,760|15,480|
|FF COSTS||||
|---|---|---|---|
|||2022|2021|
|Wages and|salaries|320,649|361,783|
|Social Security||36,732|39,512|
|Pension||33,584|36,017|
|Redundancy|costs|3,711||
|Other staff|costs|12,770|18,079|
|||407,446|455,391|
||2022|2021|
|---|---|---|
||Number|Number|
|E60,000 - E70,000|||
|E70,000 - E80,000|||
|E80,000 - E90,000|||
|E90,000-E100,000|||
|8|TANGIBLE FIXEDASSETS||2022|
|---|---|---|---|
||Fixtures
fittin
sand e ui|ment||
||Cost at 1January 2022||20,698|
||Additions
in year||3,142|
||Disposals
in year||(15,638)|
||Cost at 31December 2022||8,202|
||Accumulated
depreciation|at 1January 2022|8,917|
||Charge for in year||9,796|
||Disposal s in year||(15,638)|
||Accumulated
depredation|at 31December 2022|3,075|
||Net book value at 31December 2022||5,127|
||Net book value at 31December 2021||11,781|
||||2022||2021|
|---|---|---|---|---|---|
|||Listed|Investment|Total|Total|
|||investments|property|||
|||E|E|f|E|
|Brought forward||4,907,901|918,253|5,826,154|5,350,238|
|Additions||761,847||761,847|354,602|
|Disposal s||(802,087)||(802,087)|(467,485)|
|Investment|Gains / ( Losses )|(446,059)|(2,214)|(448,273)|588,799|
|Carried forward||4,421,602|916,039|5,337,641|5,826,154|
|Historical cost ofinvestments||4,364,003|711,966|5,075,969|5,075,969|
||||Lrsted Investments|||
||||2021|2022||
|Equities|||2,621,007|2,401,813||
|Bonds|||478,001|398,641||
|Multi Asset Funds|||855,855|775,228||
|Alternatives|||953,038|845,920||
|Market value ofinvestments|||4,907,901|4,421,602||
|Company|number:|03334622|
|---|---|---|
|Charity|number:|2232233|
|LINCOLN|DIOCESAN BOARD OF EDUCATION|
|---|---|
|NOTES TO THE FINANCIAL STATEMENTS continued||
|FOR THE|YEAR ENDED 31DECEMBER 2022|
||||2022|2021|
|---|---|---|---|---|
|10|DEBTORS||||
||Trade debtors||32,240|20,200|
||Amounts
owed by related parties||3,239|8,775|
||prepayments
and accrued income||152,167|285,413|
||||187,646|314,388|
||||2022|2021|
|11|CREDITORS - amounts|due within one year|||
||Trade creditors||8,036|15,452|
||Amounts
owed to related parties||6,051|1,954|
||Deferred income||102,350|88,956|
||Other creditors and accrued expenses||92,591|58,683|
||||209,028|165,045|
##
|mmary
oftransacti|ons
du|ring the year is set out below:|||
|---|---|---|---|---|
||||2022|2021|
|Department
for Education||capital grants|1,095,693|536,666|
|School Governors'|contribution||55,516|79,177|
||||1,151,209|615,843|
|Project expenditure|||1,151,209|615,843|
|assets and liabilities d|o not form part ofthe LDBE's acco|unts, as described
below.||
|---|---|---|---|
|||2022|2021|
|Debtors and accrued income||141,618|193,204|
|Cash at bank||876,659|1,050,563|
|Creditors and deferred|income|(1,018,277)|(1,243,767)|
##
##
##
|FUNDS OF THE CHARITY
|||||||||
|---|---|---|---|---|---|---|---|---|
|Summa
oftheactivitiesofthefun|dsofthec|harit
inthe|ear.||||||
|||Balance at||||||Balance at|
|||||||Transfers - Closed|||
|||01/01/2022|Income|Expenditure|Investment
gains/(losses)|School General
Purpose
Fund||31/12/2022|
|Unrestricted
Funds|||||||||
|General funds||933,314|515,070|(559,726)|(54,106)|||834,552|
|Restricted
Funds|||||||||
|Closed Schools General Purposes|Fund|885,830|25,697|(21,876)|(75,255)|||814,396|
|Uniform Trust||4,714,948|3,114|(38,606)|(318,912)|||4,360,544|
|||5,600,778|28,811|(60,482)|(394,167)|||5,174,940|
|||6,534,092|543,881|(620,208)|(448,273)|||6,009,492|
|||Balance at||||||Balance at|
|||01/01/2021|Income|Expenditure|Investment
Gains|Transfers||31/12/2021|
|||E|E|E|E|E||E|
|Unrestricted
Funds|||||||||
|General funds||922,059|565,270|(612,425)|58,410|||933,314|
|Restricted
Funds|||||||||
|Closed Schools General Purposes|Fund|818,478|24,184|(24,476)|67,644|||885,830|
|Uniform Trust||4,242,503|30,860|(21,160)|462,745|||4,714,948|
|||5,060,981|55,044|(45,636)|530,389|||5,600,778|
|||5,983,040|620,314|(658,061)|588,799|||6,534,092|
##
##
|||General|Restricted|Total|
|---|---|---|---|---|
|||funds|Furtds||
|INCOME FROM:|||||
|Donations
and legacies|||||
|Grants||145,374|30 860|176234|
|Charitable
activities|||||
|Special projects||58,467||58,467|
|School buildings||1,636||1,636|
|School improvement||125,687||125,687|
|Courses, conferences|and festivals|62,649||62,649|
|Otherln«orne||5,180||5,180|
|Investments||166,277|24,184|190,461|
|TOTAL INCOME||565,270|55,044|620,314|
|EXPENDITURE ON:|||||
|Charitable
activities|||||
|Diocesan Board of Education Measures||329,265||329,265|
|Special projects||84,467||84,467|
|School buildings||10,174||10,174|
|School Improvement||152,143||152,143|
|Courses, conferences|and festivals|36,376||36,376|
|Grant-making|||24,476|24,476|
|Multi faith project|||21,160|21,160|
|TOTAL EXPENDITURE||612,425|45,636|658,061|
|NET INCOME||(47,155(|9,408|(37,747)|
|Net gains on investments||58,410|530,389|588,799|
|NET MOVEMENT
IN FUNDS||11,255|539,797|551,052|
|TOTAL FUNDS BROUGHT FORWARD||922,059|5,060,981|376,942|
|TOTAL FUNDS CARRIED FORWARD||933,314|5,600,778|6,534,092|
##
|Net Ass|et by Fund - 2022||||
|---|---|---|---|---|
|||General|Restricted||
|||||Tota
I|
|||funds|Funds||
|||E|E||
|Tangible|fixed assets|5,127||5,127|
|Investments||625,384|4,712,257|5,337,641|
|Current|assets|358,079|517,673|875,752|
|Current|liabilities|(154,038)|(54,990)|(209,028)|
|Total Net Assets by Fund||834,552|5,174,940|6,009,492|
|Net Ass|et by Fund - 2021||||
|---|---|---|---|---|
|||General|Restricted||
|||||Total|
|||funds|Funds||
|||E|E||
|Tangible|fixed assets|11,781||11,781|
|Investments||690,366|5,135,788|5,826,154|
|Current|assets|380,747|480,455|861,202|
|Current|liabilities|(149,579)|(15,466)|(165,045)|
|Total Net Assets by Fund||933,315|5600777|6534 092|
##
##
|ted to LDBE.Transactions
with
LAAT during the year ar|e surnmarised
below:||
|---|---|---|
||2022|2021|
|Sales to LAAT|28,263|107,828|
|Balance owed to LDBEat 31December|||
|Purchases from LAAT||(430)|
|Balance owed by LDBEat 31December|||
|Accrued income at 31December||3,193|
##
|Grants|received|from|LDTBF|Note|General|Restricted|2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||Fund|Fund|||
|~Other|rants||||||||
|Grant|||||107,018||107,018|106,553|
||||||107,018||107,018|106,553|
##
##
|RELATED PARTIES|continued|||||
|---|---|---|---|---|---|
|Other transactions|with LDTBF|General|Restricted|||
|||Fund|Fund|||
|||E|E|E||
|Sales to LDTBF|||||90|
|Purchases from|LDTBF|43,343||43,343|49,384|
|Balance owed by LDBEat 31December||5,954||5,954|1,335|
##
|LDBE.The names ofthe schools and the total oftransactions
with|them during the year are no|ted below:|
|---|---|---|
||2022|2021|
|Ancaster CoE School|Y|Y|
|Caistor Grammar|Y|N|
|Caistor CoE &Methodist|Y|N|
|Coleby CoE Primary|Y|N|
|Edenham
CoE Primary School|Y|Y|
|Denton &Harlaxton
Federation|Y|Y|
|Fiskerton
CoE Primary School|Y|Y|
|Great Ponton CoE|Y|N|
|Kirkby-on-Bain
CoE Primary|Y|N|
|Lincoln St Faiths &St Martins Cog Junior School|Y|N|
|Queen Elizabeth
Grammar
School, Horncastle|Y|N|
|Rauceby CoE School|Y|Y|
|Reepham
CofE Primary School|Y|Y|
|Ropsley CoE Primary|Y|N|
|Saxilby CoE Pdimary School|Y|Y|
|Spalding
Grammar
School|Y|N|
|St Gilberta CoE Primary,
Stamford|Y|N|
|St Hugh's School, Scunthorpe|Y|Y|
|Tydd St Mary CoE Primary School|Y|Y|
|Weston
Hills CoE Primary School|Y|Y|
|William
Alvey CoE School|Y|N|
|William
Lovall CoE Academy|Y|N|
|The St Lawrence Academy|Y|Y|
|Horbling
Brown CoE Primary School|N|Y|
|Limeswood
Federation|N|Y|
|Aspire Federation|N|Y|
|Little Gonerby CofE Infant School|N|Y|
##
|||2022|2021|
|---|---|---|---|
|Sales to schools||48,448|49,286|
|Balance owed to LDBEat|31December|3,240|8,476|
|Purchases
and payments|to schools|1,478|600|
|Balance owed by LDBEat|31December|||