CHARITY REGISTRATION NUMBER: 1183721 Sir Roger Manwood's Grammar School Foundation Unaudited Financial Statements 31 August 2025 BURGESS HODGSON LIMITED Camburgh House 27 New Dover Road Canterbury Kent CT13DN
Sir Roger Manwood's Grammar School Foundation Flnanclal Statsments Year ended 31 August 2025 Page Trustees, annual report Independent examlnels report to the trustees Statement of financial activities Statement of financial position Notes to the financial statements
Sir Roger Manwood's Grammar School Foundation Trustees, Annual Report Year ended 31 August 2025 The trustees prèsent their MPOTI and th8 unaudited financlal statements of Ihe charlty for the year ended 31 August 2025 Reference and admlnl8tr•tlvt detall8 Regl8tgred charlty narno SIT Roger Manwood's Grammar School Foundation Charlty regl8tratlon number 1183721 Prfnclpal offlce Sir Roger Manwood's School Manwood Road Sandwich Kent CT13 9JX The trustegs M Roberts C Everard J Rosso A Kilbee, Chalr L Gorringe J Maine Independfrnt oxamlner Robert Field FCA CTA Camburgh House 27 New Dover Road Canterbury Kent CT13DN
Sir Roger Manwood's Grammar School Foundation Trustees. Annual Report (contlnued) Year ended 31 August 2025 Structure, governance and management a. Con$ultatlon Sir Roger Manwood's Grammar School Foundation is a registered charity, number 1183721, and was registered as a Charitable In¢orporaled Organisation on 4 June 2019. b. Methods of appolntment or oloGtion of Tru5tg9S The management of the Charlty Is the responsibillty of the Trustees. c. Oryanlsatlonal structuro and do¢lslon-maklng poll¢les The policy and op&raling decisions of the Charity rest with the Trvslees who meet regularly lo monllor the activities of the Sir Roger Manwood's Grammar School Foundation. d. Financial ri8k management The Trustees have assessed the major risks lo which the Charity is exposed, in particular Ih05e related lo the operations and finances of the Charity, and are satisfied that systems and procedures are in place to miligale exposure lo the majoT risks. Plans for future periods The unreslricled Parklnson Fund could be used in support ol the Sir Roger ManwooE8 School's ambitious master plan to be implemented in the next few years. Objectlvos and activiti05 a. Pollcles and oblectlves The object of the Foundation is lo advance education for the public benefit through the award of prizes, scholarships and grants lo current and former pupils of Sir Roger Manwood's School. Additionally to provide financial assistance lo the Sir Roger Manwood's School at the Headteacherfs request within available levels of income. In setting objectives and planning for aclivilies, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit. including the guidance 'Publi¢ benefit.. running a charity IP82}'. b. Grant-maklng pollcles The grant m?king policies are 51riclly defined and onty be enhanced wilhlng available income levels.
Sir Roger Manwood's Grammar School Foundation Trustees, Annual Report (conllnued} Year ended 31 August 2025 Achlevements and performance a. Maln achlevements of the Charity Sir Roger Manwood's Grammar School Foundation has provided a consislenl level of ol financial support for the Sir Roger Manwood's School and ils pupils. over and above central Government funding within available levels ol income. b. Invostment policy and performance No change5 envisaged, unless additional bequests from Alumni are received lo enable further investment lo be undeTlaken. The portfolio has generated a return in the 415% range for many years. Flnanclal revlew a. Golng concern After making appropriate enquiries, the Trustees have a reasonable expectslion that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, Ihey continue lo adopt the going concern basis in preparing the financial slalemenls. Further details regarding the adoption of the going concern basis can be found in the accounting policies. b. Re$eNe8 poll¢y The Board of Trustees has established a policy whereby unTe51ri¢led Teserved of the Charity should be maintained al a minimum level of £50,000. As at 31 August 2024. the unreslricled reserves (exc designated funds) stood at £94,64412024.' 88,5791, in Sine with the reserves policy. Materlal Investmgnts pollcy No additional investment is planned al present unless lurlher bequests are received. The trustees, annual report was approved on .1g..Jknk.2026 and signed on behalf of the board of ITUStees by.. A Kilbee, Chair Trustee
Sir Roger Manwood's Grammar School Foundation Independent Examiner's Report to the Trustees of Sir Roger Manwood's Grammar School Foundation Year ended 31 August 2025 report lo the Iruslees on my examination of the financial statement$ of Sir Roger Manwood's Grammar School Foundation I'the charity'l for the year ended 31 Augu512025. Responslbllltles and basls of report As the trustees of the charity you are responsible for the preparation of the flnanclal statements in 8¢cordan¢e with the requirements of the Charities Act 20111.the Act'i. I report in respect of my examination of the charity's financial slalements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515}Ibl of the Act. Independent examinerfs statement I have completed my examination. l ¢onflrm that no material matters have come lo my attention in ¢onneclion with the examination giving me cause lo believe that in any material respect.. a¢counling records were not kept in respect of the charity as required by section 130 of the Act.. or the flnanclal ststemenls do not accord with those records., or the financial ststgments do not comply with the applicable requirements concerning the form and conlenl of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a maller considered as part of an independent examination. I have no concerns and have come across no other matteTS in connection with the examination lo which attention should be drawn in thi5 report in order to en8b5e a proper undefstsnding of the accounts lo be reached. Robert Field FCA CTA Independent Examiner C8mburgh House 27 New Dover Road Canterbury Kent CT13DN
Sir Roger Manwood's Grammar School Foundatlon Statement of Financial Actlvltles Year ended 31 August 2025 2026 Reslricled funds Total funds Total funds 2024 Unrestricted funds Noto Incom• and èndowments Donations and lègacies Investmènt income 500 48.480 500 52,948 500 47,746 48,246 4,468 Total Income 4,468 48,980 53,448 Exp•ndlturo Expenditure on charitable activities Total •xpendlture 1.997 45,489 45,489 47,486 47,486 43.524 1.997 43,524 Nel gains on investments 13,6941 129,483) 133,077) 167,1391 Nèt Incorn• and net mov6mont In fund8 6,065 32,974 39,039 71,861 R•conelllatlon of funds Total funds brought forward Total fund• ¢arrlod forward 1,088,579 1,094,644 913.894 2.002.473 1.930.612 946.868 2.041,512 2,002,473 The statement of financi81 activities includes all gains and losses recognised In the year. l in¢ome and expenditure derive from continuing activities. nots• on pao00 7 to 13 fomi part oe th08• financlal statements.
Sir Roger Manwood's Grammar School Foundatlon Statement of Flnancial P081tlon 31 August 2026 2025 2024 (reBt8t•dJ Flxed a88•t8 Tangible fixed assets Investments 12 1,000,000 13 951,579 1,000,000 918,502 1.918.502 1,951.579 Currnnt •118Ot8 Cash at bank and in hand 117.024 87.961 Credttors: amounts f•lllng dug wlthln one year Net current assets 14 27,091 3.990 83.971 2,002,473 2,002,473 89.933 Total a••et• le88 current Ilabllltles 2.041,512 Net 8880t• 2,041,512 Funds of the charlty Reslrlcted funds Unrestrlcled fvnds 946.868 1,094.644 913.894 1.088.579 Total charlty funds 15 2,041.512 2.002.473 Thesè financial stslemenis were approved by the board of trustees and aulhorised for issue on 1g.TwNLXt16and are signed on b8h8lf of the board by: A Kllbee, Chair Trustee The not•o on pagm 7 to 13 form of tho•• fln•n¢l*l 8tatements.
Sir Roger Manwood's Grammar School Foundation Notes to the Financial Statements Year ended 31 August 2025 General Informatlon The charity is a public benefit entity and a registered Charity in England and Wales and is unincorporated. The address of the principal office is Slr Roger Manwood's School, Manwood Road. Sandwich, Kent. CT13 9JX. statement of compllance These financial $18temenls have been prepared in compliance with FRS 102, 'The Flnancial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recomrnended Practice applicable to oharities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 Icharllies SORP IFRS 10211 and the Charities AGI 2011. Ac¢ount7ng policies Bas18 of preparatlon The financial slalemenls have been prepared in accordance with the Charities SORP IFRS 1021 Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 leffeclive 1 January 20191, the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 102) and the Charities Act 2011. The financial slalemenls have been prepared to gnie a 'true and fairf view and have departed from the Charities IAccounls and Reports) Regulations 2008 only lo the extent required lo provide a 'true and fair. view. fhis departure has involved following the Charities SORP IFRS 102) published in October 2019 rather than the Accounting and R¥porting by Charities.. Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. Sir Roger Manwood's Grammar School Foundation meets the definition of a public tenefit entity under FRS 102. Assets and liabilities are initialty recognised al historical ¢o$l or transaction value unless otherwise slated in the relevant accounting policy. Going Gon¢grn The Trustee$ assess whether the use of going ¢on¢em is approprlate, l.e. whether there are any material uncertainties Telated to events or conditions that may cast signifi¢ant doubl on the ability of the Charity lo continue as a going concern. The Trustees make this assessment in respect of a period of al least one year from the dale of aulhorisalion for issue of the financial statements and have ¢on¢luded that the Charity has adequate resources lo continue in operational existence for the foreseeable future and there are no material uncertainties about the Charity's ability lo conllnue as a going concern. thus they continue to adopt the going concern basis of accounting in preparing the financial slalemenls. Judgemonts and key sources of e8tlmatlon uncertalnty The preparation of the financial statements requires management to make judgement$, estimates and assumptions that affect the amounts reported. Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. These estimates and judgements are continually reviewed and are based on experience and other factors, including 8xpectallon$ of future events that are believed to be reasonable under the circumstsnees.
Sir Roger Manwood's Grammar School Foundation Notes to the Financial Statements Icontlnu8d) Year ended 31 August 2025 A¢¢ountlng pollcles fconllnued) Fund accountlng Unreslricled funds are available for use al the discretion of the Iruslees lo further any of the charity's purposes. Desi9naled funds are unrestricted funds earmarked by the trustees for parlictjlar fvture project or commitment. Reslricled funds are subjected lo restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub<lasses'. restricted income funds or endowment funds. In¢omlng resour¢e$ All Income is recognlsed on¢e the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Income tax recoverable in relation to investment income is recognised al the lime the investment income is receivable. Resource8 oxpendod Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, il is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The ¢osls of each activily are made up of the total of direct costs and support costs involved in undertaking each activity. Expenditure on charitsble a¢livilles is incurred on dire¢Uy undertaking the activities which further the Charity's obleclwes, as well as any associated support costs. Granls payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions allaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure. All expenditure is inclusive of irrecoverable VAT. Tanglblo assets Tangible assets are initially recorded al cost. and subsequently slated al cost less any accumulated depreciation and impairment losses. Any tangible assets calried al revalued amounts are recorded al the fair value at the dale of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrylng amount of an asset as a result of a revaluation, is recognised in olher recognised gains and losses. unless il reverses a charge for impairment that has previousty been recognised as expenditure within the statement of financial aclivitses. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gain8 and losse5. except to which it offsets any previous revaluation gain. in which case the Ioss is shown within other recognised gains and losses on the statement of linancial aclivilies.
Slr Roger Manwood's Grammar School Foundatlon Notes to the Flnanclal Statoments f¢ontlnu?rlJ Year ondad 31 August 2025 Accountlng pollcles (¢oniinuodJ Inve8tment• Fixed agsel investments are a form ol financial instrument and are inilially recognised at their transaction ¢osl 8nd subsequently measured at fair value at the balance sheet dale. unless the value cannot be measured rellably in which case il is measured at cost less impairmenl. Investment gains and losses, whether realised or unre81ised, are combined and presented as 'G8insllLosses} on inveslmenls, in the statement of flnancial aclivilies. Flnanclal In$trum•nt6 The charity only has financial assets and flnancial liabilities of a kind that quallfy as basic financial inslrltmenls. Basic financial instruments are inlllally recognised al Ir8nsaclion value and Subsequenlly measure at their selllemenl value. Donatlons and legacles Restricted Total Fund8 Funds 2025 Reslricled Total Funds Funds 2024 lrnstat•dJ Donatlons Donations 500 500 500 Inve8tmvnt Ineome Unrestficted Funds Reslricled Totsl Funds Funds 2025 Income from listed investments Bank interest receivable 4,353 115 47.649 831 52,002 946 4,468 48,480 52,948 Unrestricted Funds R8slricled Total Funds Funds 2024 (rest8tedJ Income Irom Ilsted Investments Bank interest receivable 4,018 133 43,020 575 47,038 708 4,151 43,595 47,746
Slr Roger Manwood's Grammar School Foundatlon Notès to tha Flnanclal Statements (conllnu•dJ Year ended 31 August 2025 Expendlture on charltable actlvltles by actlvlty type Activities undeflaken Grant funding Total funds directly of activities 2026 Total fund 2024 Grants & prizes Other contributions lo school Independent examiner's f88$ Clerk's fees 18,900 18,900 16,241 3,078 9,267 47,486 19,800 11.519 3,078 9,127 16,241 3,078 9,267 28,586 18,900 43,524 Analysls of grants 2025 2024 rr•st*tedJ Grants to Indlvldual8 Gran15 to indlvicluals 18,900 19,800 19,800 Total grants 18,900 Net galns on Invostmonts Unreslricled Funds Restricted Totsl Fund8 Funds 2025 Galnsl(lossesl on Ilsled inveslm8nls 3.594 29,483 33,077 Unrestricted Funds Reslricled Total Funds Funds 2024 (r•st•tedJ Gainslllossesl on listed investments 6,825 60,314 67,139 Indgpondent examlnatlon lee8 2025 2024 (re$t8tedJ Fees payable to the independent examiner for.. Independent examination ol the financial statements 3,078 3,078 10. Staff costs The avera9e head count of employ8es during the year was Nil12024.' Nil). No employee received employee benefits of more than £60,000 during the year12024'. Nill. 10
Slr Roger Manwood's Grammar School Foundation Note8 to the Flnanclal Statements feonNnu•d) Year ended 31 August 2025 11. Trustee remunoratlon and exponses During the year ended 31 August 2024 12023.. £nill, no Trustees received any remunèration or other benefits. During the year ended 31 August 202412023.. £Nill. no Trustees expenses have been incurred. During the year, an expense was in¢urred of £1,309 where the trustees were in allendance in their roles as trusle8s for the Charity. 12. Tangiblt flxed as8gt¥ The Charity holds freehold land under titles K967593 and K966316 The freehold land is held at a fair value as agr8ed by the Trustees. 13. Investmont8 Llstgd Investments Cost or valuatlon At 1 Seplemb8r 2024 Additions Disposals Fair value Movements g18,502 314,667 1321,401) 39,811 At 31 August 2026 Impalrment At 1 Sgptembgr 2024 and 31 August 2025 Carrylng amount At 31 August 2025 Al 31 August 2024 951,579 951,579 918.502 All Investments shown above are held at valuation, Flnanclal #85015 hold at falr value All Investments are held at falr valu8 as at tha balance shèet dale. 14. Credltors: amounts falllng due wlthln ong year 2025 2024 (rn8tatedl A¢crual$ and deferred income Other creditors 3,078 24.013 3,078 912 27.091 3.990 11
Sir Roger Manwood's Grammar School Foundation Notss to the Financial Statements (contlnue Y?ar ended 31 August 2025 13. Analy810 of charltable fund8 Unrestrlcted funds At 1 September 2024 At Gains and 31 August 20 losses 25 Income Expendllu Parklnson Designated Fund - Freehold propety 88,579 4,468 (1,997) 3.594 94,644 1,000,000 1,088,579 1,000.000 4,468 11,9971 3,594 1,094,644 At 1 September 2023 At Gains and 31 August 20 losses 24 Income Expenditure Parkinson Designated Fund - Freehold propety 77,603 4,151 6,825 88,579 1,000,000 1,077,603 1,000,000 1,088.579 4,151 6,825 R88trlcted fund• At 1 September 2024 At Gain5 and 31 August 20 losses 25 Income Expenditufe Found8tion born Chlvas Adam Prizes Claringbold Culross 157.443 9.193 7,433 9.027 726,050 4,748 913,894 8.761 469 397 919 38,150 284 (12,960) 1500} 1400) 5.940 367 337 91 22.493 255 159,184 9,529 7,767 10,037 755,348 5.003 131,3451 12841 145,4891 48,980 29,483 946,868 At 1 September 2023 At Gaifis and 31 August 20 losses 24 Inoome Expenditure Foundation born Chivas Adam Prizes Cl8ringbold Culross 148,189 8,608 6,785 8.492 676.619 4,316 853,009 7.962 432 367 877 34,192 265 110,343} 1500) 13001 1912} 131,2051 12641 143,5241 11,635 653 581 570 46,444 431 157,443 9,153 7,433 9,027 726,050 4.748 44,095 60,314 913,894 12
Sir Roger Manwood's Grammar School Foundation Notes to the Financial Statements (C¢19) Year ended 31 August 2025 16. Analysls of net assets between funds Unreslricled Funds Reslricled Total Funds Funds 2025 Investments Current assets Creditors less than 1 year Net assets 76,670 1,019,970 11,9961 1.094,644 874,909 97,054 125,0951 946.868 951,579 1,117,024 {27.091} 2,041,512 Unieslricled Funds Restricted Total Fund$ Funds 2024 Investments Current assets Creditors less than 1 year Net a888ts 73.077 1,015,502 845,425 72,459 13,990) 913,894 918,502 1,087,961 13,9901 2.002,473 1,088.579 17. PTioryear adju$tm¢nts During the year, it was established that the Charity held legal ownership over two ple$ of land that the Sir Roger Manwood School operates from. The pieces of land are held under tille K967593 and K966316. The trustees have requested a prior period adjuslmenl to these flnancial slalement5 10 include the land al an eslimaled value of £1.000,000. A form81 valuation has been requested bul the fi'nal report was not avai18ble prior to the signing of these financial sl8lemenl8. Any material difference lo the carrying value will be a¢counled for in the next financial year. The land is used by the School on an informal basis and no rent is paid. The impa¢l lo the Charity's financial statements is to increase nel assets by £1,000,000. 18. Relatgd partles During the year, Sir Roger Manwood's Grammar School Foundation contributed £25,50812024'. £20,646) lo the Sir Roger Manwood's School, of which J Maine served as a Governor during the year. There have been no other related party transactions during the current OT pfioT year. 13