## THE FITZWYGRAM FOUNDATION 

Company Limited by Guarantee Registered Charity 

## FINANCIAL STATEMENTS 

FOR THE YEAR ENDED 31 AUGUST 2020 

- Charity Registration Number 1167976 Company Number 10056045 



THE FITZWYGRAM FOUNDATION 

## CONTENTS 

||Page|
|---|---|
|Report ofthe Trustees|1-6|
|Auditors’ Report|7-8|
|Statement of Financial Activities|9|
|Balance Sheet|10|
|Cash Flow|11|
|NotestotheFinancialStatements|12-15|





||Lloyds Bank<br>City Office|
|---|---|
||PO Box 72|
||Bailey Drive|
||Gillingham Business Park|
||Kent|
||ME8 0LS|
|**Investment Advisers**|Sarasin & Partners LLP|
||Juxon House|
||100 St Paul’s Churchyard|
||London EC4M 8BU|



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THE FITZWYGRAM FOUNDATION 

## REPORT OF THE TRUSTEES (continued) 

## Statement of Trustees' Responsibilities 

The Trustees, who are also directors of the charitable company, are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and regulations. 

Company law requires the trustees to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the profit or loss of the charitable company for that period. In preparing these financial statements, the trustees are required to: 

- e select suitable accounting policies and then apply them consistently; 

- e observe the methods and principles in the Charities SORP; 

- e make judgements and estimates that are reasonable and prudent; 

- e state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; 

- e¢ prepare the financial statements on the going concern basis unless, it is inappropriate to presume that this basis applies. 

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

- So far as each of the trustees is aware at the time the report is approved: 

   - e there is no relevant audit information of which the charitable company's auditor is unaware; and 

   - e the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information. 

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. 

Approved by the Trustees on 15 March 2021 and signed as authorised on their behalf by: 

Barry Martin Chair of Trustees 

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   - 0 and of the 

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and have been prepared in accordance with the requirements of the Companies Act 2006. 

- the trustees’ use of the going c ncern basis of accounting in the preparation of the financial statements is not appropriate; or 

- the trustees have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the charitable company’ ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. 

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- prepared for the purposes of company law) for the financial year for which the financial statements are prepared is consistent with the financial statements; and the strategic report and the directors’ report included within the Trustees’ Report have been prepared accordance with applicable legal requirements. 

- adequate accounting records have not been kept by the charitable company; or 

- the charitable company financial statements are not in agreement with the accounting records and returns; or 

- we have not received all the information and explanations we require for our audit; or 

- requirement to prepare a strategic report. 

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THE FITZWYGRAM FOUNDATION 

## BALANCE SHEET 

## AS AT 31 AUGUST 2020 

## Company number: 10056045 

||||2020|||2019||
|---|---|---|---|---|---|---|---|
|||||||As restated||
||Notes|£||£|£|£||
|FIXEDASSETS||||||||
|Investments|7|||1,983,959|||=|
|CURRENTASSETS||||||||
|Debtors|8|186,645|||22,132|||
|Cash at bank and in hand||341,244|||1,893,099|||
|||527,889|||1,915,231|||
|CREDITORS: Amountsfalling||||||||
|duewithinoneyear|9|(215,958)|||(114,627)|||
|NETCURRENTASSETS||||311,931||1,800,604||
|TOTALASSETS||||2,295,890||1,800,604||
|FUNDS||||||||
|Unrestricted funds|10|||2,295,890||1,800,604||
|||||2,295,890||1,800,604||



These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS102 Section 1A. 

Approved and authorised for issue by the Trustees on 15 March 2021 and signed on their behalf by: 


**----- Start of picture text -----**<br>
Barry Martin<br>Chair of Trustees<br>**----- End of picture text -----**<br>


P. Baker Chair of the Investment & Finance Committee 

The accompanying notes on pages 12 to 15 form part of these financial statements. 

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