2023-03-31-accounts

Contents							Pacae
Trustees' annual report, including	statement	ofTrustees'	responsibilities		in respect of the Trustees'	annual
report and financial statements							1-4
Independent examiner's report to	the Trustees ofthe Winchester			Shoei	College Foundation
Statement offinancial activities
Balance sheet
Notes to the financial statements							8-17

			Notes	2023		2022
INCOME AND ENDOWMENTS		FROM
Donations and legacies				75		1,229
Charitable activities				120,966		185,231
Investment income				2,729		71
Total					123,770		186,530
EXPENDITURE ON
Charitable activities				(63,327)		(321,273)
Total					(63,327)		(321,273)
NET INCOME					60,443		(134,743)
RECONCILIATION	OF FUNDS
Total funds brought	forward				390,655		525,398
General funds carried forward					60,443
Designated fund —the Trust Fund			10		390,655		390,655
TOTAL FUNDS CARRIED FORWARD					451,097		390,655

		BALANCE	SHEET
		31 March	2023
		Note	2023	2022
				'E
FIXEDASSETS
Tangible assets			4,032	7,615
CURRENT ASSETS			4,032		7,615
Debtors Prep ayments Cash at bank and in hand		7 8	7,170 19,577 447,299	12,120 33,589 443,895
CREDITORS			474,046	489,604
Amounts falling due within Accruals	one year	9	(23,691) (3,290)	(98,703) (7,861)
NET CURRENT ASSETS			447,066		383,040
NET ASSETS			451,097		390,655
THE FUNDS OF THE CHARITY
Unrestricted funds		10	451,097		390,655
TOTAL CHARITY FUNDS			451,097		390,655

Investment	income			2023	2022
				E	f
Bank interest				2,729	71
				2,729	71
Incoming resources		from charitable	activities	2023	2022
				E	F
Tuition fees				117,281	145,513
Accommodation				3,646	39,717
				120,966	185,231

Resources expended:	charitable		activities
				2023		2022
		Unrestricted			Restricted	Unrestricted	Restricted
				f	f	f	f
Direct expenditure			105,544			183,033
Support costs			(47,576)			115,556
Governance costs			5,359			22,684
Total resources expended			63,327			321,273
Direct expenditure						2023	2022
						f		f
Employee emoluments						13,949	41,289
Travelling and entertaining						82		290
Classroom rent						60,329	84,961
University accommodation		costs				31,185	37,972
Accommodation refunds							18,521
						105,544	183,033
Support costs							2023		2022
							f		f
Depreciation oftangible		fixed assets					3,584		27,742
Payroll administration							2,850		2,681
Telephone, postage and		stationary					429		1,994
Cleaning and gardening									748
Repairs, maintenance,	insurance		and sundry				1,921		12,823
Dilapidations assessment							(60,000)		60,000
Light, heat and water costs							408		4,438
Rent &rates							3,218		5,130
Bank charges							15
							(47,576)		115,556
Governance costs							2023		2022
							f.		f
Independent examination							900		900
Accountancy, taxation and		other professional		services			2,990		2,760
Professional fees							1,469		19,024
							5,359		22,684

Remuneration ofTrustees by Shoei Joshi Ga	kuin in relation to the above services
	2023	2022
	F
Dr J Okami Wages and salaries Social security	93,629 12,169	96,667 12,119
	105,799	108,786

Tangible fixed assets	Tangible fixed assets
		Freehold	Short leasehold	Furniture and	Total
		property	property	equipment
			L	F
Cost
At beginning	ofyear	133,628	474,650	131,551	739,829
Additions
Disposals			(474,650)	(130,338)	(604,988)
At end of year		133,628		1,213	134,841
Depreciation
At beginning	ofyear	(126,935)	(474,650)	(130,628)	(732,213)
Charge for year		(3,341)		(243)	(3,584)
Disposals			474,650	130,338	604,988
At end of year		(130,276)		(533)	(130,809)
Net book value
At 31 March	2023	3,352		680	4,032
At 31 March	2022	6,693		922	7,615

7.	Debtors			2023	2022
				F	f
	Amounts owed from related		party	7,170	12,120
	Prepayments			19,577	33,589
				26,747	45,709
	Cash at bank and in hand			2023	2022
	Current accounts:—
	Trustees ofWinchester	Shoei College		58,850	50,106
	Savings Account			379,245	376,516
	Chilbolton Residence			7,926	15,839
	Cash in hand and card			1,278	1,434
				447,299	443,895
	Creditors: amounts falling		due within one year	2023	2022
	Credit card			15
	Fees received in advance			23,557	38,517
	Provision for dilapidations				60,000
	Other deferred income				75
	Taxation and social security			119	111
				23,691	98,703

					Balance at	Incoming	Resources	Balance at
					01.04.2022	resources	expended	31.03.2023
					F		f	E
General	fund					123,770	(63,327)	60,443
Designated		fund	—The Trust	Fund	390,655			390,655
Total accumulated			unrestricted	funds	390,655	123,770	(63,327)	451,097

					Balance at	Incoming	Resources	Balance at
					01.04.2021	resources	expended	31.03.2022
							F	E
General	fund				69,153	186,530	(255,683)
Designated		fund	—The Trust	Fund	456,245		(65,590)	390,655
Total accumulated			unrestricted	funds	390,655	186,530	(321,273)	390,655

G Okami, the wife of Dr J Okami received	remuneration	from the Charity for her services as follows:-	from the Charity for her services as follows:-
		2023	2022
		F	E
Wages and salaries		7,361	6,843
Social security		5	2
		7,366	6,845