| Page | ||
|---|---|---|
| Reference and Administrative Details ofthe Charity, its Trustees and Advisers |
||
| Trustees' Report |
2-4 | |
| Independent Examiner's |
Report | |
| Statement of Financial | Activities | |
| Balance Sheet | ||
| Notes to the Financial Statements | 8-16 |
| Trustees | Andrew Tate | |||
|---|---|---|---|---|
| Valerie Bidwell | ||||
| Jonathan Agar |
||||
| Simon Lockyer | ||||
| Rebecca Winward | (appointed | 25 June 2021) | ||
| Charity registered | ||||
| number | 1157146 | |||
| Principal office | The Royal Hospital | School | ||
| Holbrook | ||||
| Ipswich | ||||
| Suffolk | ||||
| IP92RX | ||||
| Independent | examiner | Sharon Gravener | FCCA ACA | |
| Chartered Accountants |
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| Scrutton Bland LLP |
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| Fitzroy House | ||||
| Crown Street | ||||
| Ipswich | ||||
| Suffolk | ||||
| IP1 3LG |
| Restricted | Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2021 | 2021 | 2021 | 2020 | ||||
| Note | E. | f. | |||||
| Income from: | |||||||
| Donations and legacies |
87,475 | 1,115 | 88,590 | 130,369 | |||
| Total income | 87,475 | 1,115 | 88,590 | 130,369 | |||
| Expenditure on: |
|||||||
| Charitable activities |
46,802 | 4,203 | 51,005 | 382,903 | |||
| Total expenditure | 46,802 | 4„203 | 51,005 | 382,903 | |||
| Net income/(expenditure) | before net | ||||||
| gains on investments | 40,673 | (3,088) | 37,585 | (252,534) | |||
| Net gains on investments | 84,042 | 84,042 | |||||
| Net income/(expenditure) | 124,715 | (3,088) | 121,627 | (252,534) | |||
| Transfers between |
funds | (9,802) | 9,802 | ||||
| Net movement in |
funds | 114,913 | 6,714 | 121,627 | (252,534) | ||
| Reconciliation of |
funds: | ||||||
| Total funds brought | forward | 630,270 | 2,405 | 632,675 | 885,209 | ||
| Net movement in funds |
114,913 | 6,714 | 121,627 | (252,534) | |||
| Total funds carried forward | 745,183 | 9,119 | 754,302 | 632,675 |
| Restricted | Unrestricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | funds | funds | |
| 2021 f |
2021 f |
2021f | 2020f | |
| Donations | 87,475 | 1,115 | 88,590 | 129,665 |
| Legacies | 704 | |||
| 87,475 | 1,115 | 88,590 | 130,369 | |
| Total 2020 | 106,107 | 24,262 | 130,369 |
| Restricted | Unrestricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2021 | 2021 | 2021f | 2020f | ||
| Direct | costs | 46,802 | 4,203 | 51,005 | 382,903 |
| Total | 2020 | 382,903 | 382,903 |
| Activities | |||
|---|---|---|---|
| undertaken | Support | Total | Total |
| directly | costs | funds | funds |
| 2021f | 2021 | 2021 | 2020f |
| 48,248 | 2,757 | 51,005 | 382,903 |
| 380,947 | 1,956 | 382,903 |
| Total | Total | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2021 | 2020 | ||||
| E | |||||
| Donations | paid | 48,248 | 380,947 | ||
| Analysis of | support costs | ||||
| Total | Total | ||||
| Activities | funds | funds | |||
| 2021 | 2021 | 2020 | |||
| Governance | costs | 2,757 | 2,757 | 1,956 | |
| Total 2020 | 1,956 | 1,956 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Fees payable | to the | Charity's | independent | examiner | for the independent | ||
| examination | ofthe | Charity's | annual accounts | 1,965 | 1,920 | ||
| Fees payable | to the | Charity's | independent | examiner | in respect of: | ||
| Taxation compliance | services | 250 | 240 |
| Listed | |
|---|---|
| investments | |
| Cost or valuation | |
| At 1 September 2020 | 274,000 |
| Additions | 274,000 |
| Revaluations | 84,042 |
| At 31 August 2021 | 632,042 |
| Net book value | |
| At 31August 2021 | 632,042 |
| At 31 August 2020 | 274,000 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Accruals | and | deferred | income | 1,800 | 1,441 |
| Balance at 1 | Balance at | |||||
|---|---|---|---|---|---|---|
| September 2020 |
Income | Expenditure | Transfers in/out |
Gains/ (Losses) |
31August 2021 |
|
| F | E | |||||
| Unrestricted | ||||||
| funds | ||||||
| General Funds- | ||||||
| all funds | 2,405 | 1,115 | (4,203) | 9,802 | 9,119 | |
| Restricted | ||||||
| funds | ||||||
| Music | 8,261 | 1,175 | (3,097) | 2,196 | 8,535 | |
| Library | ||||||
| redevelopment | 2,500 | (2,500) | (9,581) | (9,581) | ||
| Bursaries | 69,737 | 73,600 | (22,875) | (2,385) | 118,077 | |
| Heritage Centre | 60 | 60 | ||||
| De Neumann | ||||||
| Legacy | 551,712 | (18,330) | (20) | 84042 | 617404 | |
| Heritage Cafe | 500 | 10,200 | (12) | 10,688 | ||
| 630,270 | 87,475 | (46,802) | (9,802) | 84,042 | 745,183 | |
| Total offunds | 632,675 | 88,590 | (51,005) | 84,042 | 754,302 |
| Statement of | f | unds - prior year | ||||
|---|---|---|---|---|---|---|
| Balance at | Balance at | |||||
| 1 September 2019 |
Income | Expenditure | 31 August 2020 |
|||
| F | ||||||
| Unrestricted | funds | |||||
| General Funds | —all funds | 21,602 | 23,560 | (42,757) | 2,405 | |
| Restricted funds | ||||||
| Music | 7,052 | 1,209 | 8,261 | |||
| Library redevelopment | 283,229 | 56,917 | (340,146) | |||
| Bursaries | 22,258 | 47,479 | 69,737 | |||
| Hedtage Centre | 60 | 60 | ||||
| De Neumann | Legacy | 551,008 | 704 | 551,712 | ||
| Heritage Cafe | 500 | 500 | ||||
| 863,607 | 106,809 | (340,146) | 630,270 | |||
| Total offunds | 885,209 | 130,369 | (382,903) | 632,675 |
| Summary offun |
ds -current year | |||||
|---|---|---|---|---|---|---|
| Balance at 1 | Balance at | |||||
| September | Transfers | Gains/ | 31August | |||
| 2020f | Income E |
Expenditure F |
in/out | (Losses) | 2021 F |
|
| General funds | 2,405 | 1,115 | (4,203) | 9,802 | 9,119 | |
| Restricted funds | 630,270 | 87,475 | (46,802) | (9,802) | 84,042 | 745,183 |
| 632,675 | 88,590 | (51,005) | 84,042 | 754,302 |
| Summary offunds - prior year |
||||
|---|---|---|---|---|
| Balance at | Balance at | |||
| 1 September 2019 |
Income | Expenditure | 31 August 2020 |
|
| F | E | |||
| General funds | 21,602 | 23,560 | (42,757) | 2,405 |
| Restricted funds | 863,607 | 106,809 | (340,146) | 630,270 |
| 885,209 | 130,369 | (382,903) | 632,675 |
| Analysis ofnet assets between funds -current year | |||
|---|---|---|---|
| Restricted | Unrestricted | Total | |
| funds | funds | funds | |
| 2021 | 2021f | 2021 F |
|
| Fixed asset investments | 632,042 | 632,042 | |
| Current assets | 113,141 | 10,919 | 124,060 |
| Creditors due within one year | (1,800) | (1,800) | |
| Total | 745,183 | 9,119 | 754,302 |
| Analysis of net assets between funds - prior year | |||
| Restricted | Unrestricted | Total | |
| funds | funds | funds | |
| 2020 | 2020 | 2020 | |
| E | |||
| Fixed asset investments | 274,000 | 274,000 | |
| Current assets | 356,270 | 3,846 | 360,116 |
| Creditors due within one year | (1,441) | (1,441) | |
| Total | 630,270 | 2,405 | 632,675 |