THE BOURNE FOUNDATION Charlty Regtstratlon Number: 1165790 INCOME AND EXPENDITURE STATEMENT FOR THE YEAR ENDED 31 AUGUST 2023 YEAR TO 3110812023 YEAR TO 3110812022 INCOME Donations Grants received Money raised through events TOTAL INCOME 1.221 6,750 4,003 20,000 459 24.462 7,971 EXPENDITURE Granls to the Boume Academy 42,470 30.250 TOTAL EXPENDITURE 42.470 30,250 NET (DEFICIT) I SURPLUS FOR THE YEAR Funds brought forward from prior year CUMULATIVE FUNDS AT 30 JUNE 2023 (34,499) 46,868 (5,788) 52,656 12,369 46,868 Represenied by.. Cash at bank Due Itoyfrom The Bourne Academy 12,396 (26) 46,542 326 12.369 46,868 Funds breakdown.. Restricted Unreslricted 37.000 9.868 46,868 12,369 12.369 Approved by the Trustees on 8 December 2023 and signed on their behalf by Rowena Gaston Chalr of Trustees
2023
The Bourne Foundation supports students of The Bourne Academy with enrichment activities to enhance their education and provide access to opportunities that might not otherwise be possible.
The year to 31 August 2023 has been a quieter year for the Foundation, but the level of grants made to support The Bourne Academy have been increased.
Income, totalling £7,971 (2022 - £24,462) has been raised through grants and donations, with the following grants obtained:
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£1,750 from Bauer Radio to support projects for Young Carers at The Bourne Academy
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£1,515 from Dorset Council to improve facilities on The Bourne Academy’s outdoor education site.
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£2,500 one-o� donation plus gift aid to support Greenpower activities at The Bourne Foundation
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£984 from Canford School for general purposes
The remainder of income was raised through small donations and various events held at The Bourne Academy during the year.
Grants totalling £42,470 (2022 - £30,250) have been made to The Bourne Academy during the year as follows:
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£27,000 to purchase 360 musical instruments to commence the Academy’s Andrew Lloyd Webber Music in Secondary School Trust programme that started in September 2023.
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£10,000 to support the employment of a Safeguarding Frontliner to continue to assist with the increased safeguarding workload seen at The Academy.
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£2,500 to support the Academy’s Greenpower programme
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£1,750 to support projects with Young Carer’s at the Bourne Academy
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£1,220 to provide fencing around the lake at the Academy’s outdoor education site.
At 31 August 2023 the Foundation had reserves of £12,369 (2022 - £46,868). All of the reserves held at the year end were unrestricted general reserves.
Approved by the Trustees on 8 December 2023