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2022-08-31-accounts
|
Pages |
| Reference and Administrative Details of the Charity, its Trustees and Advisers |
1 |
| Trustees' Report |
2 - 5 |
| Independent Examiner's Report |
6 |
| Statement of Financial Activities |
7 |
| Balance Sheet |
8 |
| Notes to the Financial Statements |
9-17 |
| Trustees |
AndrewTate |
|
JudyDow, Chair (appointed 10 December 2021) |
|
Jonathan Agar |
|
Simon Lockyer |
|
Rebecca Winward |
| Charity registered |
|
| number |
1157146 |
| Principal office |
The Royal Hospital School |
|
Holbrook |
|
Ipswich |
|
Suffolk |
|
IP9 2RX |
| Independent examiner |
Adam Smith FCA |
|
Chartered Accountants |
|
Scrutton Bland LLP |
|
Fitzroy House |
|
Crown Street |
|
Ipswich |
|
Suffolk |
|
IP1 3LG |
|
|
Restricted |
Unrestricted |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
|
|
2022 |
2022 |
2022 |
2021 |
|
Notes |
£ |
£ |
£ |
£ |
| Income from: |
|
|
|
|
|
| Donations and legacies |
2 |
38,151 |
8,976 |
47,127 |
88,590 |
| Total income |
|
38,151 |
8,976 |
47,127 |
88,590 |
| Expenditure on: |
|
|
|
|
|
| Charitable activities |
3 |
45,484 |
6,226 |
51,710 |
51,005 |
| Total expenditure |
|
45,484 |
6,226 |
51,710 |
51,005 |
| Net (expenditure)/income before net |
|
|
|
|
|
| (losses)/gains on investments |
|
(7,333) |
2,750 |
(4,583) |
37,585 |
| Net (losses)/gains on investments |
7 |
(12,037) |
- |
(12,037) |
84,042 |
| Net (expenditure)/income |
|
(19,370) |
2,750 |
(16,620) |
121,627 |
| Transfers between funds |
10 |
11,869 |
(11,869) |
- |
- |
| Net movement in funds |
|
(7,501) |
(9,119) |
(16,620) |
121,627 |
| Reconciliation of funds: |
|
|
|
|
|
| Totalfunds brought forward |
|
745,183 |
9,119 |
754,302 |
632,675 |
| Net movement in funds |
|
(7,501) |
(9,119) |
(16,620) |
121,627 |
| Totalfunds carried forward |
|
737,682 |
- |
737,682 |
754,302 |
|
|
|
2022 |
|
2021 |
|
Notes |
|
£ |
|
£ |
| Fixed assets |
|
|
|
|
|
| Investments |
7 |
|
620,005 |
|
632,042 |
|
|
|
620,005 |
|
632,042 |
| Current assets |
|
|
|
|
|
| Debtors |
8 |
1,495 |
|
- |
|
| Cash at bank and in hand |
|
118,582 |
|
124,060 |
|
|
|
120,077 |
|
124,060 |
|
| Creditors: amountsfalling due within one |
|
|
|
|
|
| year |
9 |
(2,400) |
|
(1,800) |
|
| Netcurrent assets |
|
|
117,677 |
|
122,260 |
| Total net assets |
|
|
737,682 |
|
754,302 |
| Charity funds |
|
|
|
|
|
| Restricted funds |
10 |
|
737,682 |
|
745,183 |
| Unrestricted funds |
10 |
|
- |
|
9,119 |
| Total funds |
10 |
|
737,682 |
|
754,302 |
|
Restricted |
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
|
2022 |
2022 |
2022 |
2021 |
|
£ |
£ |
£ |
£ |
| Donations |
38,151 |
8,976 |
47,127 |
88,590 |
| Total 2021 |
87,475 |
1,115 |
88,590 |
|
|
Restricted |
Unrestricted |
|
|
|
funds |
funds |
Total |
Total |
|
2022 |
2022 |
2022 |
2021 |
|
£ |
£ |
£ |
£ |
| Direct costs |
45,484 |
6,226 |
51,710 |
51,005 |
| Total 2021 |
46,802 |
4,203 |
51,005 |
|
|
Activities |
|
|
|
|
undertaken |
Support |
Total |
Total |
|
directly |
costs |
funds |
funds |
|
2022 |
2022 |
2022 |
2021 |
|
£ |
£ |
£ |
£ |
| Directcosts |
48,601 |
3,109 |
51,710 |
51,005 |
| Total 2021 |
48,248 |
2,757 |
51,005 |
|
|
Total |
Total |
|
funds |
funds |
|
2022 |
2021 |
|
£ |
£ |
| Donations payable |
48,601 |
48,248 |
|
|
Total |
Total |
|
Activities |
funds |
funds |
|
2022 |
2022 |
2021 |
|
£ |
£ |
£ |
| Governance costs |
3,109 |
3,109 |
2,757 |
| Total 2021 |
2-757 |
2,757 |
|
|
2022 |
2021 |
|
£ |
£ |
| Fees payableto the Charity's independent examiner for theindependent |
|
|
| examination of the Charity's annual accounts |
2,024 |
1,965 |
| Fees payableto the Charity's independentexaminer in respect of: |
|
|
| - Taxation compliance services |
258 |
250 |
|
|
|
Listed |
|
|
|
investments |
|
|
|
£ |
|
Valuation |
|
|
|
At 1 September 2021 |
|
632,042 |
|
Revaluations |
|
(12,037) |
|
At 31 August 2022 |
|
620,005 |
|
Net book value |
|
|
|
At 31 August 2022 |
|
620,005 |
|
At 31 August 2021 |
|
632,042 |
| 8. |
Debtors |
|
|
|
|
2022 |
2021 |
|
|
£ |
£ |
|
Due within one year |
|
|
|
Other debtors |
1,495 |
- |
| 9. |
Creditors: Amounts falling due within one year |
|
|
|
|
2022 |
2021 |
|
|
£ |
£ |
|
Accruals and deferred income |
2,400 |
1,800 |
| Statement of funds - current year |
Statement of funds - current year |
|
|
|
|
|
|
Balance at 1 |
|
|
|
|
Balance at |
|
September |
|
|
Transfers |
Gains/ |
31 August |
|
2021 |
**Income ** |
Expenditure |
in/out |
(Losses) |
2022 |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Unrestricted |
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
| General Funds - |
|
|
|
|
|
|
| allfunds |
9,119 |
8,976 |
(6,226) |
(11,869) |
- |
- |
| Restricted |
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
| Music |
8,535 |
2,338 |
(2,396) |
6 |
|
8,483 |
| Library |
|
|
|
|
|
|
| redevelopment |
(9,581) |
9,581 |
. |
- |
|
- |
| Bursaries |
118,077 |
26,232 |
(24,073) |
(3,691) |
- |
116,545 |
| Heritage Centre |
60 |
|
- |
12 |
- |
72 |
| De Neumann |
|
|
|
|
|
|
| Legacy |
617,404 |
|
(19,015) |
- |
(12,037) |
586,352 |
| Heritage Cafe |
10,688 |
|
- |
(212) |
- |
10,476 |
| Annual Fund |
- |
|
- |
15,754 |
■ |
15,754 |
|
745,183 |
38,151 |
(45,484) |
11,869 |
(12,037) |
737,682 |
| Total of funds |
754,302 |
47,127 |
(51,710) |
- |
(12,037) |
737,682 |
| Statement of funds - prioryear |
Statement of funds - prioryear |
|
|
|
|
|
|
Balance at |
|
|
|
|
Balance at |
| 1 |
September |
|
|
Transfers |
Gains/ |
31 August |
|
2020 |
Income |
Expenditure |
in/out |
(Losses) |
2021 |
|
£ |
£ |
£ |
£ |
£ |
£ |
| 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) |
84,042 |
617,404 |
| Heritage Cafe |
500 |
10,200 |
- |
(12) |
- |
10,688 |
|
630,270 |
87,475 |
(46,802) |
(9,802) |
84,042 |
745,183 |
| Total of funds |
632,675 |
88,590 |
(51,005) |
- |
84,042 |
754,302 |
| Summary of funds |
|
|
|
|
|
|
| **Summary of funds ** |
- current year |
|
|
|
|
|
|
Balance at 1 |
|
|
|
|
Balance at |
|
September |
|
|
Transfers |
Gains/ |
31 August |
|
2021 |
Income |
Expenditure |
in/out |
(Losses) |
2022 |
|
£ |
£ |
£ |
£ |
£ |
£ |
| General funds |
9,119 |
8,976 |
(6,226) |
(11,869) |
- |
- |
| Restricted funds |
745,183 |
38,151 |
(45,484) |
11,869 |
(12,037) |
737,682 |
|
754,302 |
47,127 |
(51,710) |
- |
(12,037) |
737,682 |
|
Balance at |
|
|
|
|
Balance at |
|
1 September |
|
|
Transfers |
Gains/ |
31 August |
|
2020 |
Income |
Expenditure |
in/out |
(Losses) |
2021 |
|
£ |
£ |
£ |
£ |
£ |
£ |
| 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 |
|
Restricted |
Total |
|
funds |
funds |
|
2022 |
2022 |
|
£ |
£ |
| Fixed asset investments |
620,005 |
620,005 |
| Current assets |
120,077 |
120,077 |
| Creditors due within one year |
(2,400) |
(2,400) |
| Total |
737,682 |
737,682 |
|
Restricted |
Unrestricted |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
|
£ |
£ |
£ |
| Fixed asset investments |
632,042 |
- |
632,042 |
| Current assets |
113,141 |
10,919 |
124,060 |
| Creditors due within oneyear |
- |
(1,800) |
(1,800) |
|
745,183 |
9,119 |
754,302 |