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|TATEMENT OF <br>s at 31August 2020|FINA|NCIAL|ACTIVITIES|ACTIVITIES|||||
|---|---|---|---|---|---|---|---|---|
|STATEMENT OF FINANCIAL<br>ACTIVITIES|||Unrestricted||Funds|Restricted<br>Funds|Total<br>Funds|Total<br>Funds|
|||Note|General|Designated|||2020|2019|
||||EOOO||EOOD|EOOD|f000|f000|
|Income from:<br>Charitable<br>activities<br>Donations<br>Otherincome|||7,841<br>1,683<br>579|||2,256|7,841<br>3,939<br>579|9,151<br>3,875<br>68|
|Totalincome|||10,103|||2,256|12,359|13,094|
|Expenditure<br>on:|||||||||
|Raising funds|||||||||
|Development<br>and<br>fundraising|||293||||293|317|
||||293||||293|317|
|Charitable<br>activities<br>Teaching<br>Pasto ra<br>I an d welfare<br>Outreach<br>and partnership<br>Premises<br>Support and governance<br>Grants and prizes||7,8<br>9|3,344<br>1,606<br>888<br>1,747<br>1,465||10<br>1,076|47<br>269<br>305<br>176<br>745|3,391<br>1,875<br>1,203<br>2,999<br>1,465<br>745|3,569<br>2,176<br>1,611<br>3,652<br>1,466<br>963|
||||9,050||1,086|1,542|11,678|13,437|
|Total expenditure||6|9,343||1,086|1,542|11,971|13,754|
|Net income / (expenditure)|||760||(1,086)|714|388|(660)|
|Transfers between<br>funds||16.17|(699)||697||||
|Other recognised<br>losses|||||||||
|Actuarial<br>(losses)/gain<br>on<br>defined benefit pension||24g||||||(725)|
|scheme|||||||||
|Net movement<br>in funds|||||(389)|716|391|(1,385)|
|Total funds brought<br>forward|||2,851||37,324|2,653|42,828|44,213|
|Total funds carried forward||16,17|2,915||36,935|3,369|43,219|42,828|





## 

||||2D20|2019|
|---|---|---|---|---|
|||Note|EOOD|EOOD|
|Fixed assets|||||
|Tangible assets|||38,553|39,477|
|Current assets|||||
|Debtors||12|2,487|2,474|
|Cash at bank and in|hand||5,068|5,062|
|Total current assets|||7,555|7,536|
|Creditors: amounts|falling due within one year||||
|Trade and other creditors||13|(1,313)|(982)|
|Deferred income||14||(1,581)|
|Net current assets|||6,242|4,973|
|Total assets less current liabilities|||44,795|44,450|
|Creditors: Amounts|falling due after one year|15|(281)|(311)|
|Defined benefit pension scheme liability||24|(1,295)|(1,311)|
|Total net assets||18|43,219|42,828|
|The funds ofthe charity:|||||
|Unrestricted<br>funds|||||
|General fund|||2,915|2,851|
|Designated<br>funds|||36,935|37,324|
|Total Unrestricted|funds|16|39,850|40,175|
|Restricted<br>funds||17|3,369|2,653|
|Total charity funds|||43,219|42,828|





## 

||||Note|2020|2019|
|---|---|---|---|---|---|
||||||6000|
|Cash flows from operating<br>activities:||||||
|Net cash (used in)/provided<br>by operating|activities||A below|30Z|(121)|
|Cash flows from investing<br>activities:||||||
|Interest receivable||||14|29|
|Interest payable<br>Proceeds from sale of fixed assets||||(20)|(21)<br>3|
|Purchase oftangible fixed assets||||(260)|(272)|
|Net cash used in investing<br>activities||||(266)|(261)|
|Cash flows from financing<br>activities||||||
|Repayments<br>of borrowing||||(30)|(30)|
|Change<br>in cash in the reporting<br>period|||||(412)|
|Cash at the beginning<br>ofthe year||||5,062|5,474|
|Cash at the end ofthe year|||8 below|5,068|5,062|
|Reconciliation<br>ofcash flows from operating||activities:|Note A|2020<br>6000|2019<br>6000|
|Net income, from the statement<br>offinancial||activities||388|(660)|
|Adjustments<br>for:<br>Depreciation<br>charge<br>Defined pension scheme net income<br>Interest receivable<br>Interest payable<br>Proceeds from the sale offixed assets||||1,184<br>(13)<br>(14)<br>20|1,195<br>(5)<br>(29)<br>21<br>(3)|
|(Increase) / decrease<br>in debtors<br>Increase/(decrease)<br>in creditors||||(13)<br>(1,250)|(33)<br>(607)|
|Net cash (used in)/provided<br>by operating|activities|||302|(121)|
|Analysis<br>of cash|||Note 8|2020<br>f000|2019<br>6000|
|Cash at bank and in hand||||5,068|5,062|





## 

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## 



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## 



## 

|2|Charitable|activities income|activities income|activities income|activities income||2020|2019|
|---|---|---|---|---|---|---|---|---|
||||||||EOOD|EOOO|
||School fees||—note 2a||||6,682|7,054|
||Extras and|performance|||income||136|192|
||Fees from|Associates, Summer School and Teachers'||||courses|833|1,705|
||Auditions|and other income|||||190|200|
||||||||7,841|9,151|
|2a.|School Fees||||||||
||School fees||were funded||from:||||
||Grants from||the Department<br>for Education||||3,721|3,915|
||Bursaries|from The Royal Ballet School Endowment||||Fund|245|145|
||8ursa ries|from restricted|||donations||400|852|
||Parents||||||2,317|2,142|
||||||||6,683|7,054|
||||||||2020|2019|
||Donations||||||||
||||||||f000|EOOD|
||Grants||||||1,131|1,131|
||Donations||||||2,792|2,729|
||Friends||||||16|15|
||||||||3,939|3,875|
||||||||2020|2019|
|4|Other Income||||||||
||||||||EOOD|EOOO|
||Investment||income —bank interest||||14|29|
||Other income||||||259|39|
||Coronavirus||furlough|scheme|||306||
||||||||579|68|





## 

## 

||Trading subsidiary||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||The Charity has one wholly|owned subsidiary,|||TRBSEEnterprises||Limited, whose registered||||address|is|
||46 Floral Street, London WC2E 9DA.The activities ofTRBSEnterprises|||||||Limited are immaterial|||to those||
||ofthe Group so consolidated||accounts have||not been|prepared.|Due|to the presentation||of|the School's||
||accounts<br>in round thousands,||the subsidiary||shares off100held, are|||not shown as an investment||||in|
||these financial statements.|The company's||trading<br>results are the year, extracted|||||from its audited||||
||financial statements<br>were:||||||||||||
||||||||||2020||2019||
||||||||||EOOD||f000||
||Turnover||||||||10||||
||Cost of sales||||||||(5)||||
||Gross profit||||||||5|||3|
||Administrative<br>expenses:|Licence to occupy|||premises||||(1)|||(1)|
||Other expenses||||||||(9)|||(11)|
||(Loss) on ordinary<br>activities||before gift aid||||||(5)|||(9)|
||(Loss) on ordinary<br>activities||before taxation||||||(5)|||(9)|
||Tax on profit on ordinary|activities|||||||||||
||(Loss) for the year||||||||(5)|||(9)|
||Net assets||||||||||||
||||||||||Total|||Total|
|6|Expenditure<br>analysis||Staff costs||Depreciation||Other|Costs|2020|||2019|
||||EOOD|||f000||EOOD|f000|||EOOD|
||Raising Funds||||||||||||
||Development<br>and Fund<br>raising||216|||||77|293|||317|
||Charitable<br>activities||||||||||||
||Teaching<br>Pastoral<br>and Welfare||3,030<br>874|||||361<br>1,001|3,391<br>1,875|||3,569<br>2,176|
||Outreach<br>& Partnership||995|||||208|1,203|||1,611|
||Premises||485|||1,184||1,330|2,999|||3,652|
||Support<br>and Governance<br>Grants and Prizes||634|||||831<br>745|1,465<br>745|||1,466<br>963|
||||6,018|||1,184||4,476|11,678||13,437||
||Total Expenditure||6,234|||1,184||4,553|11,971||13,754||





## 

|ear|ended 31August 2020||||||
|---|---|---|---|---|---|---|
||||||Total|Total|
|7|Governance<br>costs||||2020|2019|
||||||EOOO|EOOO|
||Governance<br>costs included<br>Fees payable to the auditor <br>Under accrual for prior year|in support costs:<br> for the statutory<br>audit<br> fees relating to the statutory||audit|29<br>(12)|30<br>12|
||Fees payable to the auditor <br>Board and committee<br>costs|for tax advice|||2<br>9|23|
||Total||||28|65|
||||||Total|Total|
|8|Finance and lease costs||||2020|2019|
||||||EOOO|EOOO|
||Bank interest payable<br>Interest on pension<br>plan<br>Operating<br>leases: land and buildings<br>Operating<br>leases: pianos and office equipment||||20<br>23<br>163<br>26|21<br>16<br>163<br>21|



|||Total|Total|
|---|---|---|---|
|||2020|2019|
|||EOOO|EOOO|
|Other|grants|739<br>6|955<br>8|
|Prizes||||
|||745|963|
|Total||||





|ear|ended 31August 2020|||
|---|---|---|---|
|||2020|2019|
|10|Staff costs|f000|EOOO|
||Wages and salaries<br>Social security costs<br>Other pension costs<br>Other costs|5,187<br>481<br>548<br>18|5,052<br>468<br>447<br>22|
||Payroll sub total<br>Contracted<br>out staffing services|6,234|5,989<br>30|
|||6,234|6,019|



|||2020|2019|
|---|---|---|---|
|||Number|Number|
|The number of higher paid employees|in bands of:|||
|E60,001tof70,000||||
|E70,001to f80,000||||
|E80,001to E90,000||||
|E100,001tof110,000||||





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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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||rLr|||||||||||||||||||||||||
||r0|||||||||||||||||||||||||
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||r0|||||||||||||||||||||||||
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||IIr|||||||||||||||||||||||||
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|Debtors|2020|2019|
|---|---|---|
||EOOO|EOOD|
|Amounts<br>falling due within one year:<br>Fees and recoverable<br>extras<br>Intercompany<br>Connected charity (see Note 22)<br>Other debtors<br>Prepayments<br>Accrued Income<br>Department<br>for Education —Music and Dance Scheme funding|301<br>95<br>1,363<br>28<br>91<br>609|317<br>71<br>902<br>14<br>142<br>582<br>446|
|Total|2,487|2,474|



## 

|13|Creditors: amounts<br>falling due within one year|2020<br>EOOD|2019<br>EOOD|
|---|---|---|---|
||Trade creditors<br>Taxation and social security<br>Other creditors|422<br>116<br>79<br>162|377<br>135<br>65<br>375|
||Accruals<br>Bank Loan due within one year<br>Department<br>for Education —Music and Dance Scheme funding|30<br>504|30|
||Total|1,313|982|



|||2020|2019|
|---|---|---|---|
|Deferred income||EOOD|EOOD|
||||81|
|Feesin advance<br>Department<br>of Education|paid in advance||1,500|
|Total|||2,603|





## 

|ear|ended 31August 2020||||||
|---|---|---|---|---|---|---|
|15|Creditors; amounts<br>falling due after one year|||2020|2019||
|||||EOOD|EOOO||
||Creditors due in 2 to 5years<br>Bankloans|||121||121|
||Creditors due in 5years<br>Bankloans|||160||190|
||Total|||281||311|
|ank loans at 31August 2020 include a fixed rate loan ofF311,000(2019:E341,00) repayable<br>by November<br>030, with E30,000due within one year, and an interest rate is 6.01'%per annum.<br>This loan is secured by charge|||||||
|ver the White Lodge property.|||||||
|||||||Balance as|
|16|Unrestricted<br>funds<br>Balance as at|Income|Expenditure|Transfers|Gains/<br>(Losses)|at31Aug<br>20|
||1Sep 19||||||
||EOOO|EOOO|EOOO|EOOO|EOOD|EOOO|
||Designated<br>Fixed asset fund<br>36,447||(1,076)|||35,371|
||Building Maintenance<br>fund<br>Associate Programme<br>Pension<br>Deficit Fund<br>500<br>377||(10)|450||500<br>367<br>450|
||Deferred<br>IT<br>and<br>Building<br>Maintenance<br>Fund|||247||247|
||37,324||(1,086)|697||36,935|
||General<br>Pension reserve<br>Free reserve<br>(1,311)<br>4,162|10,103|(23)<br>(9,320)|36<br>(735)||(1,295)<br>4,210|
||2,851|10,103|(9,343)|(699)||2,915|
||Total<br>40,175|10,103|(10,429)|(2)||39,850|





## 

|ded 31Au|gust 20|20|||||||
|---|---|---|---|---|---|---|---|---|
|||||||||Balance as|
|Unrestricted|funds 2018-19||Balance<br>asat1|Income|Expenditure|Transfers|Gains/<br>(Losses)|at31Aug<br>19|
||||Sep 18||||||
||||EOOO|EOOO|EOOO|E000|EOOO|EOOO|
|Designated<br>Fixed asset fund|||37,506||(1,059)|||36,447|
|Building Maintenance<br>Associate Programme||fund|500<br>387||(10)|||500<br>377|
||||38,393||(1,069)|||37,324|
|General|||||||||
|Pension reserve<br>Free reserve|||(591)<br>3,981|10,304|(31)<br>(10,172)|36<br>49|(725)|(1,311)<br>4,162|
||||3,390|10,304|(10,203)|85|(725)|2,851|
|Total|||41,783|10,304|(11,272)|85|P25)|40,175|



## 

## 



## 

## 



## 

|ear|ended 31August 2020||||||
|---|---|---|---|---|---|---|
|||||||Balance as|
|17|Restricted funds|Balance as|Income|Expenditure|Transfers|at31Aug<br>20|
|||at 1Sep 19|||||
|||EOOO|EOOO|EOOO|EOOO|EOOO|
||White Lodge Appeal<br>Fund<br>Audjebsen<br>Hall- Fimlico Appeal<br>Capital projects<br>Special projects<br>Sponsorship,<br>bursaries<br>and prizes<br>Outreach<br>and Access fund<br>Ballet and artistic funds<br>Healthcare<br>Equipment<br>Intensive<br>Courses<br>WiFi Cabling|49<br>31<br>11<br>757<br>177<br>459<br>851<br>155<br>140<br>23|146<br>5<br>1,123<br>405<br>90<br>472<br>15|(146)<br>(23)<br>(5)<br>(743)<br>(265)<br>(73)<br>(250)<br>(19)<br>(15)<br>(3)||49<br>8<br>11<br>1,139<br>317<br>476<br>1,073<br>151<br>125<br>20|
|||2,653|2,256|(1,542)||3,369|
|||||||Balance as|
||Restricted funds 2018-19|Balance as|Income|Expenditure|Transfers|at 31Aug<br>19|
|||at 1Sep 18|||||
|||EOOO|EOOO|EOOO|EOOO|EOOO|
||White Lodge Appea<br>I Fund<br>Aud Jebsen Hall- Fimlico Appeal<br>Capital projects<br>Special projects<br>Sponsorship,<br>bursaries<br>and prizes<br>Outreach<br>and Access fund<br>Ballet and artistic funds<br>Healthcare<br>Equipment<br>Intensive<br>Courses<br>WiFI Cabling|208<br>50<br>768<br>151<br>316<br>692<br>227<br>18|244<br>50<br>65<br>977<br>431<br>354<br>439<br>5<br>200<br>25|(452)<br>(51)<br>31<br>(54)<br>(988)<br>(405)<br>(211)<br>(250)<br>(22)<br>(78)<br>(2)|(30)<br>(55)|49<br>31<br>11<br>757<br>177<br>459<br>851<br>155<br>140<br>23|
|||2,430|2,790|(2,482)|(85)|2,653|





## 

## 

## 

## 

## 

## 

|WiFiCabling|||||
|---|---|---|---|---|
|<br>This fund represents<br>support<br>received <br>White Lodge. The annual<br>depreciation|from the Royal Ballet School PTA to upgrade the WiFi provision<br>at<br>charge will be made against this fund<br>until it is fully expensed.||||
|Allocation of assets by fund type|unrestricted|Unrestricted<br>Designated|Restncted|Total|
||General<br>Fund|Funds|Funds|2020|
||EOOO|EOOD|EOOD|EOOO|
|Fixed Assets<br>Debtors<br>Cash at Bank<br>Creditors: due within one year<br>Creditors: due after one year<br>Defined benefit pension scheme deficit|267<br>2,487<br>3,050<br>(1,313)<br>(281)<br>(1,295)|38,222<br>(1,287)|64<br>3,305|38,553<br>2,487<br>5,068<br>(1,313)<br>(281)<br>(1,295)|
||2,915|36,935|3,369|43,219|





## 

|al Ballet School<br>tes to the financial stateme<br> ended 31August 2020|nts||||
|---|---|---|---|---|
|Allocation ofassets by fund type<br>2018-19|Unrestricted<br>GeneralFund|Unrestricted<br>Designated<br>Funds|Restncted<br>Funds|Total<br>2019|
||f000|EOOD|EOOO|EOOO|
|Fixed Assets<br>Debtors<br>Cash at Bank<br>Creditors; due within one year<br>Creditors: due after one year<br>Defined benefit pension scheme deficit|2,964<br>2,474<br>1,598<br>(2,563)<br>(311)<br>(1,311)|36,447<br>877|66<br>2,587|39,477<br>2,474<br>5,062<br>(2,563)<br>(311)<br>(1,311)|
||2,851|37,324|2,653|42,828|



## 

## 

|Ci<br>nderoeratin<br>leases|||||
|---|---|---|---|---|
|ommtments<br>u pg<br>|||2020|2019|
||||EOOO|EOOD|
|The total of future<br>minimum<br>lease payments|under operating|leases|||
|for each of the following<br>periods;<br>Not later than one year<br>Later than one year and not later than five <br>Later than five years|years||168<br>653<br>571|189<br>657<br>734|
||||1,392|1,580|





## 

## 

## 

## 

## 



## 



## 

|24a|The principal<br>actuarial assumptions|at the end of the reporting|period (expressed as weighted||
|---|---|---|---|---|
||averages):||2020|2019|
||||f000|f000|
||Discount rate<br>RPI assumption<br>CPI assumption<br>LPI pension increases||1.6%<br>3.4%<br>2.6%<br>3.3%|1.8%<br>3.4%<br>2.6%<br>3.3%|



||Discount rate<br>RPI assumption<br>CPI assumption<br>LPI pension increases<br>.<br><br>3.4%<br>3.4%<br>2.6%<br>2.6%<br>3.3%<br>3.3%|Discount rate<br>RPI assumption<br>CPI assumption<br>LPI pension increases<br>.<br><br>3.4%<br>3.4%<br>2.6%<br>2.6%<br>3.3%<br>3.3%|Discount rate<br>RPI assumption<br>CPI assumption<br>LPI pension increases<br>.<br><br>3.4%<br>3.4%<br>2.6%<br>2.6%<br>3.3%<br>3.3%|Discount rate<br>RPI assumption<br>CPI assumption<br>LPI pension increases<br>.<br><br>3.4%<br>3.4%<br>2.6%<br>2.6%<br>3.3%<br>3.3%|Discount rate<br>RPI assumption<br>CPI assumption<br>LPI pension increases<br>.<br><br>3.4%<br>3.4%<br>2.6%<br>2.6%<br>3.3%<br>3.3%|Discount rate<br>RPI assumption<br>CPI assumption<br>LPI pension increases<br>.<br><br>3.4%<br>3.4%<br>2.6%<br>2.6%<br>3.3%<br>3.3%|Discount rate<br>RPI assumption<br>CPI assumption<br>LPI pension increases<br>.<br><br>3.4%<br>3.4%<br>2.6%<br>2.6%<br>3.3%<br>3.3%|
|---|---|---|---|---|---|---|---|
||The underlying<br>mortality<br>assumption<br>is based upon the standard<br>table known as 52PXA projected on<br>a year of birth basis with CMI 2019future improvement<br>factors and a long-term<br>rate offuture<br>improvements<br>with 1.25% p.a. (2019:PNA00 with CMI 2018future improvement<br>factors and a long-<br>term future rate o improvement<br>of1.25%p.a.).This results<br>in the following<br>life expectancies:|||||||
|||||||Years|Years|
||Life expectancy for 60year old female<br>Life expectancy for 45 year old female|||||88.3<br>89.5|89.0<br>90.2|
|24b|The amounts<br>recognised<br>in the balance sheet:|||||2020|2019|
|||||||6000|f000|
||Present value of Plan liabilities<br>Market value of Plan assets|||||(3,591)<br>2,296|(3,713)<br>2,402|
||Net defined benefit liability|||||(1,295)|(1,311)|
|24c|Amounts<br>included<br>within the Statement ofFinancial|Activities||||||
||(SOFA):|||||2020|2019|
|||||||f000|f000|
||Current service cost<br>Interest on net defined benefit asset<br>Past service cost|||||(23)|(16)<br>(15)|
||Total amount charged<br>within net incoming resources|||||(23)|(31)|





## 

|24d|Changes<br>in the present value of Plan liabilities:|Changes<br>in the present value of Plan liabilities:|||||2020|2019|
|---|---|---|---|---|---|---|---|---|
||||||||EOOO|EOOO|
||Present value ofscheme liabilities at beginning||ofthe year||||(3,713)|(3,498)|
||Past service cost<br>Benefits paid<br>Interest on Plan liabilities<br>Actuarial<br>loss/ (gain)||||||158<br>(65)<br>29|(15)<br>497<br>(88)<br>(609)|
||Present value of Plan liabilities at end of|the year|||||(3,591)|(3,713)|
|24e|Changes<br>in the fair value of Plan assets:||||||2020|2019|
||||||||EOOO|EOOO|
||Market value of Plan assets at beginning<br>Employer contributions<br>Benefits paid<br>Interest on Plan assets<br>Return on assets, less interest included|ofthe reporting<br>in the SOFA|||period||2,402<br>36<br>(158)<br>42<br>(26)|2,907<br>36<br>(497)<br>72<br>(116)|
||Market value of the Plan assets at the end ofthe reporting|||||period|2,296|2,402|
||Actual return<br>on Plan assets||||||16|(44)|
|24f|The major categories of Plan assets as a percentage|||of||total Plan assets:|||
||||||||2020|2019|
||Group pension contract||||||100%<br>0%|100%<br>0%|
||Cash||||||||





## 

|24g|Analysis ofthe measurement<br>ofthe net defined benefit liability recognised|Analysis ofthe measurement<br>ofthe net defined benefit liability recognised|in Other recognised||
|---|---|---|---|---|
||losses in the SOFA:||2020|2019|
||||6000|6000|
||Return on assets, less interest<br>included<br>in the SOFA<br>Experience gains and losses arising on Plan liabilities<br>Changes<br>in assumptions<br>underlying<br>the present value|of Plan|(26)<br>78<br>(49)|(116)<br>43<br>(652)|
||liabilities||||
||Actuarial<br>loss/(gain)<br>recognised<br>in Other recognised|losses||(725)|
|24h|Movement<br>in deficit during the year||2020|2019|
||||6000|6000|
||Deficit in the scheme atthe beginning<br>ofthe year<br>interest recognised<br>in the SOFA<br>Employer contributions<br>Actuarial<br>loss/(gain)<br>recognised<br>in Other recognised|losses in the|(1,311)<br>(23)<br>36<br>3|(591)<br>(31)<br>36<br>(725)|
||SOFA||||
||Deficit in the scheme at the end ofthe year||(1,295)|(1,311)|





## 

## 

|atement of financial|acti|vities-|comparative|Ogures for the|prior period|by fund||
|---|---|---|---|---|---|---|---|
|||||||Restricted|Total|
|||||Unrestricted|Funds|Funds|Funds|
||||Note|General<br>Designated|||2019|
|||||EOOD|EOOD|EOOO|EOOD|
|Income from:<br>Charitable<br>activities<br>Donations<br>Other income||||9,142<br>1,094<br>68||9<br>2,781|9,151<br>3,875<br>68|
|Total income||||10,304||2 790|13094|
|Expenditure<br>on:||||||||
|Raising funds||||||||
|Development<br>and<br>fundraising||||317|||317|
|||||317|||317|
|Charitable<br>activities<br>Teaching<br>Pastoral<br>and welfare<br>Outreach<br>and partnership<br>Premises<br>Support and governance<br>Grants and prizes|||7,8<br>9|3,370<br>1,914<br>1,079<br>2,057<br>1,466|10<br>1,059|199<br>262<br>522<br>536<br>963|3,569<br>2,176<br>1,611<br>3,652<br>1,466<br>963|
|||||9,886|1,069|2,482|13,437|
|Total expenditure|||6|10,203|1,069|2,482|13,754|
|Net income / (expenditure)||||101|(1,069)|308|(660)|
|Transfers between|funds||16,17|85||(85)||
|Other recognised<br>losses||||||||
|Actuarial<br>(losses)/gain<br>on<br>defined benefit pension|||24g|(725)|||(725)|
|scheme||||||||
|Net movement<br>in funds||||(539)|(1,069)|223|(1,385)|
|Total funds brought<br>forward||||3,390|38,393|2,430|44,213|
|Total funds carried|forward||16,17|2,851|37,324|2,653|42,828|