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|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|
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||||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|
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|||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|
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|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|
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|---|---|---|---|---|---|---|---|---|---|
|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|
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|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|
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|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|
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|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|
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||||||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|
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||||||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|
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|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|
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