2023-08-31-accounts

TRUSTEE'( REP()RT AiND
TRUSTEE'S RESPONSIBILITIES STATESIENT	1-3
INDEPENDENT EXAMINER'S REPORT
STATESIENT OF FINANCIAL ACTIVITIES	5-6
BALA.NCE SHEET
NOTES TOTHE FINANCIAL (TATESIENTS	8-12

			Unrestricted	Restricted	Total Funds
			Funds	Funds	2023
		Note
INCOME
Donanons gt Legaaes				10,188	10,188
Donated Fees & servtces			9,780		9,780
Interest				1,395	1,395
TOTAL INCOME			9,780	11,583	21,363
EXPENDITURE
Grants:
ffsng Wilham's College
Other resources expended:
Fees &Services			9,780		9,780
Adnunistration				433	433
TOTAL EXPENDITURE			9,780	433	10,213
NET INCOME BEPORE	TAX			11,150	11,150
TAX PAYABLE
NET INCOME AND NET
MOVEMENT IN FUNDS	AFTER TAX			11,150	11,150
RECONCILATION OF FUNDS:
TOTAL FUNDS - brought	forward		5,375	60,639	66,014
TOTAL FUNDS - carried forward			5,375	71,789	77,164

			Unrestricted	Restricted	Total Funds
			Funds	Funds	2022
		Note
INCOME
Donations &leganes				13,443	13,443
Donated fees & services			9,550		9,550
Interest
TOTAL INCOME			9,550	13,451	23,001
EXPENDITURE
Grants:
King Wtiliams College				799	799
Other resources expended:
Fees &Services			9,550		9,550
Adnumstration				432	432
TOTAL EXPENDITURE			9,550	1,231	10,781
NET INCOME BEFORETAX				12,220	12,220
TAX PAYABLE
NET INCOME AND NET
MOVEMENT IN FUNDS	AFTER TAX			12,220	12,220
RECONCILATION OF FUNDS:
TOTAL FUNDS - brought	forward		5,375	48,419	53,794
TOTAL FUNDS - carried forward			5,375	60,639	66,014

	Balance			Balance
	31Aug 2022	Income	Expenditure	31Aug 2023
RESTRICTED FUNDS
Annual Fund	46,107	8,233	(433)	53,907
Scholarslnps & Bursanes	9,558	2,890		12,448
Performing &Visual Arts	1,930	220		2,150
Smence	1,803	120		1,923
Sport	840	120		960
Buchan School	401			401
TOTAL RESTRICTED FUNDS	60,639	11,583	(433)	71,789
UNRESTRICTED FUNDS	5,375	9,780	(9,780)	5,375
TOTAL	66,014	21,363	(10,213)	77,164
4ANALYSIS OF MOVEMENT OF FUNDS - PRIOR YEAR
	Balance			Balance
	31Aug 2021	Income	Expendimre	31Aug 2022
RESTRICTED FUNDS
Annual Fund	38,313	8,226	(432)	46,107
Scholarships &Bursanes	6,393	3,165		9,558
Perfomung &Visual Arts	1,610	370		1,930
Science	1,383	420		1,803
Sport	720	120		840
Buchan School		1,200	(799)	401
TOTAL RESTRICTED FUNDS	48,419	13,451	(1,231)	60,639
UNRESTRICTED FUNDS	5,375	9,550	(9,550)	5,375
TOTAL	53,794	23,001	(10,781)	66,014

5DEBTORS
			2023	2022
HMRC - gtft aid			776	818
			776	818
6CREDITORS
			2023	2022
Accruals			(62)	(62)
			(62)	(62)
7ANALYSIS OFASSETSAND LIABILITIESBETWEEN FUNDS
ASAT AUGUST 2023
	Unrestricted			Total Funds
	Income	Funds	Restricted Funds	2023
CURRENT ASSETS:
Debtor			776	77&&
Cash at bank		5,375	71,075	76,450
		5,375	71,851	77,226
LIABILITIES:
CREDITORS: amounts	falhug due withtn one year		(62)	(62)
NET CURRENT ASSETS		5,375	71,789	77,164
TOTAL NET ASSETS		5,375	71,789	77,164
ANALYSIS OFASSETSAND LIABILITIESBETWEEN FUNDS
ASATAUGUST 2022
	Unrestricted			Total Funds
	Income	Funds	Restricted Funds	2022
CURRENT ASSETS:
Debtor			818	818
Cash at bank		5,375	5'),883	65,258
		5,375	60,701	66,076
LIABILITIES:
CREDITORS: amounts	falhng due witlun one year		(62)	(62)
NET CURRENT ASSETS		5,375	60,639	66,014
TOTAL NET ASSETS		5,375	60,639	66,014

has Dtrectors	who are also members and Dtr	ectors ofKing Wilham's	College.
			Balance
		Transactions	DR/(CR)		Balance
		2023	2023		DR/(CR) 2022
King William's	College
Inter-company	balance at 1 September
Donated fees and services		9,780		9,550
Fees and services		(9,780)		(9,550)
Grants awarded	to KWC
Grants paid to	KWC
Inter-company	balance at 31 August