The AKS Foundation
Trustees David Richard Cartmell Judith Anne Cooper Duncan Cowburn Christopher Roy Dickson Shru Morris Registered office AKS Lytham Independent School Clifton Drive South Lytham St Annes FY8 1DT Charity Number 1191646
The Trustees present their report and the unaudited accounts for the charity for the year ended 30 September 2021.
Structure, governance and management
The Charity was established on (date). The Objects of the Charity are to advance the education of boys and girls by the provision of a or day and boarding school or schools by way of providing bursary awards subject to parental means testing thereby widening access to AKS School, and to improve the infrastructure of AKS School or such other area of benefit within which the Charity Trustees decide to benefit.
To achieve the above Objects, considerable income must be generated. The Charity does not itself raise funds; rather this is the responsibility of the AKS School, who will aim to achieve this by generating donations to the Charity from alumni and other supporters of AKS.
The trustees who have served during the year are shown on page 1. Generally Trustees are appointed for a 3 year term, and are selected with regard to the skills, knowledge and experience needed for the effective administration of the charity. Trustees can be reappointed for a maximum of 3 consecutive terms.
Activities during the Year
The charity is not currently in a position to make awards under its Objects, as it currently has no funds. During the last year, AKS has been establishing the necessary infrastructure to start to generate those funds, and is expected in the coming months to appoint a Director of Development whose remit will be further this process.
In the meantime the Charity has established the operating policies necessary to achieve its Objects.
Financial review
The Charity has had no income, or expenditure during the year. The Charity has no Capital, nor debt.
Plans for the coming year
The Charity will continue to support AKS in developing its funding infrastructure.
I FOR INGLANL) ANLI WAIES Receipts and payments accounts CC16a For the period from S Ock lQlO To 311812D2 Section A Receipts and payments Unre5tricled funds ltr ghe nearest Restricted funds Endowment funds Total funds Last yoar to the ntare5t£ to Ih n¢are•t£ 10 Iht nearlst £ lo Ihe n¢areJt A1 Rocelpts N¢ri Sub total(Gro8s income AR) or A2 Ass41 and Investment sales, l$e* table). None Sub total A3Pa ents Nonq Sub total A4 A$t and inve5tmenl purchasts, se• table None Sub total Net of re¢elpts/{payments) A5 Transfers between funds A6 Cash fund5 last ytrar end Cash funds this year end CCXX R1 a0)t$ ISSI 1610612022
Section B Statement of assets and liabilities at the end of the period ilnreslrlcted Restri¢led funds lunds Endowmènt funds to nearestÉ to nrest£ B1 Cash fvnds lth)Tr Total cash funds [{6)} Unrestricte lunds r¢$i£ Restrlcled lunds lo ne•r¢$t£ Endowment funds ton¢arest£ Fundtohkh OAtlopllonall ¢uwenlvl4• Dotai15 Norn• B3 Investrnent assets Fund ID vthlrh Costlopuonall CUty11 Ilon B4 Asgetg retalned forthe ¢harlly's own use Non• Fund to whlch relat•• ountdu• Whn riot,?ils None 86 Llabllttl•s Sigrt by tx or9 trusl•es on behalf of all Ihe Iruslees Date of rov Signaturè Prfnl Name Chris tickson 11.6.11 CCXX R2 ateounts ISSI