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2023-03-31-accounts

The Old Grammar School CIO, Faversham

Registered Charity No 1167834

Annual Statement.

The Old Grammar School CIO, Faversham owns and Maintains a Grade Two Listed Building, built as the Original Queen Elizabeth First Grammar School.

In the 1800’s the building was adapted for use as a Masonic Temple, and still continues in that use today. It is now the centre for several Masonic Lodges, and governed by a Board of Nine Trustees. The building is open to the Public for three days in the year, and many other private viewings take place; to give everyone a chance to view this magnificent and historic building.

The surrounding Garden of approx. .75acres are let off at a peppercorn Rent to the Abbey Physic Garden.

In January 2023, an Internal panel of plasterwork had come away from the frame work of the building, which required specialist repairs. The floor of the Refectory was stripped back, and re sealed and polished; to preserve its good condition.

During the Summer of 2023, the Trustees have carried out considerable maintenance and decoration to the outside of the building. All Gutters were cleaned out, and any repairs were completed where necessary.

The South elevation was completely re painted, plasterwork repaired, and LED lamps fitted to the outside light fittings. The Paintwork on the East elevation was cleaned, and re painted; including the Eaves and the undercroft.

Our work continues, to preserve this wonderful building for the People and Town of Faversham.

THE OLD GRAMMAR SCHOOL CHARITY FAVERSHAM CIO

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDING 31ST MARCH 2023

1223.50
1223.50
1329.50
236.50
236.50
236.50
173.25
173.25
173.25
5005.75
50.00
706.85
756.85
3.74
100.00
10,667.00
11,527.59
16,533.34
200.00
1,440.00
3,635.48
1,871.05
1,131.47
636.12
59.13
1750.20
460.86
70.00
263.00
89.40
-
323.00
700.00
12,629.71
3903.63
INCOME:
Lodge of Harmony
2,447.00
Athelstan Lodge
2,447.00
Manor of Faversham
2,259.00
Chapter of Harmony
473.00
Royal Ark Mariners
473.00
Mark Master Masons
473.00
Rose Croix
346.50
Red Cross Christchurch
346.50
Court of St. Stephen
346.50
9,611.50
OTHER INCOME
Abbey Physic Gardens
Rent
50.00
Water/Electric Supply
1,509.32
1,559.32
Bank Interest
185.69
Donations and Open Days
155.74
Sale of Books
20.00
Car Parking, Licence and Signwriting
received from the Lodges for 2022
760.10
Grant from Swale Borough Council
-
2,680.85
12,292.35
EXPENDITURE:
Treasurer/Clerk Gratuities
200.00
Charge for Cleaning
1,440.00
Insurance
4,305.13
Light/Heat
2,300.17
Water/Sewage -
557.08
Refund for previous year's
payments
-879.30
-322.22
General Maintenance & Repairs
76.20
Sundry Kitchen Expenditure
97.15
Renovation & Maintenance Work -
Plasterer
894.32
Roofing Repairs
480.00
Extractor Hood
112.07
1,486.39
Car Parking
800.04
Drinks Licence Renewal
70.00
Security
263.00
Fire Protection
97.80
Gas Certificate
95.00
Signwriting of Boards
156.75
Survey of Building
-11,065.41
1,226.94
2,447.00
2,447.00
2,259.00
473.00
473.00
473.00
346.50
346.50
346.50
1,226.94

CONT/2

THE OLD GRAMMAR SCHOOL CHARITY FAVERSHAM CIO

BALANCE SHEET FOR THE YEAR ENDING 31ST MARCH 2023

CAPITAL ACCOUNT:

15809.51
29214.39
21.29
45045.19
3903.63
48948.82
6707.14
42218.13
23.55
48948.82
B/FWD
1.4.2022
Current Account
6,707.14
Reserve Account
42,218.13
Cash in Hand
23.55
48,948.82
Excess of Income over Expenditure
1,226.94
Balance in Hand at 31.03.2023
50,175.76
REPRESENTED BY:
NAT WEST ACCOUNTS-
Current Account
7,751.30
Reserve Account
42,403.82
Petty Cash in hand
20.64
Balance at 31.03.2023
50,175.76
B/FWD
1.4.2022
Current Account
6,707.14
Reserve Account
42,218.13
Cash in Hand
23.55
48,948.82
Excess of Income over Expenditure
1,226.94
Balance in Hand at 31.03.2023
50,175.76
REPRESENTED BY:
NAT WEST ACCOUNTS-
Current Account
7,751.30
Reserve Account
42,403.82
Petty Cash in hand
20.64
Balance at 31.03.2023
50,175.76
50,175.76
7,751.30
42,403.82
20.64
50,175.76

To the Trustees of the Old Grammar School Charity Faversham (CIO)

We, the Independent Examiners of the Old Grammar School Charity Faversham (CIO) have examined all the records kept by the Hon. Treasurer and are satisfied that the aforementioned 2 page Statement is in accordance with these records. The Statements shows a true picture of the financial affairs of the Old Grammar School Charity Faversham (CIO) as at 31st March 2023.

ACCOUNTS AUDITED BY:

T. FENTIMAN DATE C. HARRIS DATE R. HAMILTON DATE