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← The Barrovian Foundation UK CIO
2020-08-31-accounts
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| CONTENTS |
PAGE |
| TRUSTEE'S REPORT AND |
|
| TRUSTEE'S RESPONSIBILITIES STATEMENT |
1-3 |
| INDEPENDENT EXAMINER'S REPORT |
4-5 |
| STATEMENT OF FINANCIAL ACTIVITIES |
|
| BALANCE SHEET |
|
| NOTES TO THE FINANCIAL STATEMENTS |
9-12 |
|
|
|
|
Unrestricted |
Restricted |
Total Funds |
|
|
|
|
Funds |
Funds |
2020 |
|
|
|
Note |
|
|
|
| INCOME |
|
|
|
|
|
|
| Donations &Legacies |
|
|
|
|
25,165 |
25,165 |
| Donated Fees Bc services |
|
|
|
10,627 |
|
10,627 |
| Interest |
|
|
|
|
31 |
31 |
| TOTAL INCOME |
|
|
|
10,627 |
25,196 |
35,823 |
| EXPENDITURE |
|
|
|
|
|
|
| Grants: |
|
|
|
|
|
|
King William's
College |
|
|
|
|
38,361 |
38,361 |
| Other resources expended: |
|
|
|
|
|
|
| Fees BcServices |
|
|
|
10,627 |
|
10,627 |
| Administration |
|
|
|
|
343 |
343 |
| TOTAL EXPENDITURE |
|
|
|
10,627 |
38,704 |
49,331 |
| NET (EXPENDITURE)/INCOME |
|
|
|
|
|
|
| BEFORETAX |
|
|
|
|
(13,508) |
(13,508) |
| TAX PAYABLE |
|
|
|
|
|
|
| NET (EXPENDITURE)/ |
|
INCOME |
|
|
|
|
| AND NET MOVEMENT |
|
IN FUNDS |
|
|
|
|
| AFTER TAX |
|
|
|
|
(13,508) |
(13,508) |
| RECONCILATION |
OF FUNDS: |
|
|
|
|
|
| TOTAL FUNDS - brought |
|
forwatd |
|
5,375 |
49,855 |
55,230 |
| TOTAL FUNDS - carried |
|
forward |
|
5,375 |
36,347 |
41,722 |
|
|
|
|
Unrestricted |
Restricted |
Total Funds |
|
|
|
|
Funds |
Funds |
2019 |
|
|
|
Note |
|
|
|
| INCOME |
|
|
|
|
|
|
Donations
8clegacies |
|
|
|
|
34,627 |
34,627 |
| Donated fees 8c services |
|
|
|
11,348 |
|
11,348 |
| Interest |
|
|
|
|
40 |
40 |
| TOTAL INCOME |
|
|
|
11,348 |
34,667 |
46,015 |
| EXPENDITURE |
|
|
|
|
|
|
| Grants: |
|
|
|
|
|
|
King Williams
College |
|
|
|
|
21,624 |
21,624 |
| Other resources expended: |
|
|
|
|
|
|
| Fees &Services |
|
|
|
11,348 |
|
11,348 |
| Administration |
|
|
|
|
364 |
364 |
| TOTAL EXPENDITURE |
|
|
|
11,348 |
21,988 |
33,336 |
| NET INCOME/(EXPENDITURE) |
|
|
|
|
|
|
| BEFORETAX |
|
|
|
|
12,679 |
12,679 |
| TAX PAYABLE |
|
|
|
|
|
|
| NET (EXPENDITURE)/ |
|
INCOME |
|
|
|
|
| AND NET MOVEMENT |
|
IN FUNDS |
|
|
|
|
| AFTER TAX |
|
|
|
|
12,679 |
12,679 |
| RECONCILATION |
OF FUNDS: |
|
|
|
|
|
| TOTAL FUNDS - brought |
|
forward |
|
5,375 |
37,176 |
42,551 |
| TOTAL FUNDS - carried |
|
forward |
|
5,375 |
49,855 |
55,230 |
| ASAT 31AUGUST 202 |
0 |
|
|
|
|
|
Note |
2020 |
2019 |
| CURRENT ASSETS: |
|
|
|
|
| Cash at bank |
|
|
41,772 |
55,284 |
|
|
|
41,772 |
55,284 |
| LIABILITIES |
|
|
|
|
| CREDITORS: amounts |
falling due within one year |
|
50 |
54 |
| NET CURRENT ASSETS |
|
|
41,722 |
55,230 |
| TOTAL NET ASSETS |
|
|
41,722 |
55,230 |
| FUNDS OFTHE CHARITY |
|
|
|
|
| UNRESTRICTED INCOME FUNDS |
|
|
5,375 |
5,375 |
| RESTRICTED FUNDS |
|
|
36,347 |
49,855 |
| TOTAL CHARITY FUNDS |
|
|
41,722 |
55,230 |
| 4ANALYSI |
S OF MOVEMENT OF FU |
NDS -CURRENT YEA |
R |
|
|
|
|
Balance |
|
|
Balance |
|
|
31Aug 2019 |
Income |
Expenditure |
31Aug 2020 |
| RESTRICTED FUNDS |
|
|
|
|
|
Annual
Fund |
|
35,051 |
9,081 |
(13,766) |
30,366 |
| Buchan IT |
|
|
11,927 |
(11,927) |
|
| Scholarships |
&Bursaries |
9,786 |
3,228 |
(9,786) |
3,228 |
| Performing &Visual Arts |
|
970 |
320 |
|
1,290 |
| Science |
|
2,343 |
520 |
(2,000) |
863 |
| Sport |
|
480 |
120 |
|
600 |
| Chapel |
|
1,225 |
|
(1,225) |
|
| TOTAL RESTRICTED FUNDS |
|
49,855 |
25,196 |
(38,704) |
36,347 |
| UNRESTRICTED FUNDS |
|
5,375 |
10,627 |
(10,627) |
5,375 |
| TOTAL |
|
55,230 |
35,823 |
(49,331) |
41,722 |
| 4ANALYSIS OF MOVEMENT OF FUNDS -PRIOR YEAR |
|
|
|
|
|
|
|
Balance |
|
|
Balance |
|
|
31Aug 2018 |
Income |
Expenditure |
31Aug 2019 |
| RESTRICTED FUNDS |
|
|
|
|
|
Annual
Fund |
|
26,497 |
8,918 |
(364) |
35,051 |
| Scholarships |
&Bursaries |
6,621 |
24,789 |
(21,624) |
9,786 |
| Performing &Visual Arts |
|
650 |
320 |
|
970 |
| Science |
|
1,823 |
520 |
|
2,343 |
| Sport |
|
360 |
120 |
|
480 |
| Chapel |
|
1,225 |
|
|
1,225 |
| TOTAL RESTRICTED FUNDS |
|
37,176 |
34,667 |
21,988 |
49,855 |
| UNRESTRICTED FUNDS |
|
5,375 |
11,348 |
(11,348) |
5,375 |
| TOTAL |
|
42,551 |
46,015 |
(33,336) |
55,230 |
|
|
|
Balance |
|
Balance |
|
|
|
DR/(CR) |
Transactions |
DR/(CR) |
|
|
|
2020 |
2019 |
2019 |
| King William's |
College |
|
|
|
|
| Donated fees and services |
|
10,627 |
|
11,348 |
|
| Fees and services |
|
(10,627) |
|
(11,348) |
|
| Grants awarded |
to KWC |
(38,361) |
|
(21,624) |
|
| Grants paid to |
KWC |
38,361 |
|
21,624 |
|
| Inter-company |
balance at 31August 2020 |
|
|
|
|