Charity numb•r.' 289222 THE COLCHESTER COUNTY HIGH SCHOOL FOR GIRLS, SCHOOL FUND UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
THE COLCHESTER COUNTY HIGH SCHOOL FOR GIRLS, SCHOOL FUND CONTENTS Page Reference and admlnlstrativè dotalls of the charity. Its Trustees and advlsèrs Trustees. report Indgpgndent gxamlngr's rgport ststement of financial activitie$ Balancè sheet Notes to the financial statements 7-14
THE COLCHESTER COUNTY HIGH SCHOOL FOR GIRLS. SCHOOL FUND REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2024 Trustees Mrs D Frost Dr S Parrott Ms A J Davisgn Mrs G Marshall, Chair Mrs C Cox lappoinled 29 Sept8mber 20231 Charlty reglstorgd numbgr 289222 Prlncipal offi¢0 Colchesler County High School for Girls. Noman Way. Col¢h8steT, Essex, C03 3US Indepgndont Examiner Larking Gowen LLP, 1 Claydon Business Park, Great Blakenham, Ipswch. Suffolk, IP6 ONL Pag& 1
THE COLCHESTER COUNTY HIGH SCHOOL FOR GIRLS, SCHOOL FUND TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2024 The Trustees present their annual report together wth the financial slalemenls of Colchester County High School for Girts Private Fund Ilhe Fundl for the ended 31 Augkjsl 2024. The Trustees confimi that the annual report and financial slalements of the Fund comply wth current statutory requirements. the quireman1$ of the charivs goveming document and the provisions of the Slalemenl of Recommended Practice ISORPI applicable lo charities preparing their accounts in accordance wlh the Financial Reporting Standard 102. Objectives and activities a. Policies and objectives Th8 Fund exists for the purpos8 of advancing the education of th8 students by providing and assisting in th8 provision of facilities for the education of pupils al the Colchesler County High School for Girts Ilhe School) not normally provided by public funds. The majority of the Fund's income is provided by parents of students al the School and the Trustees are grateful for their continuing support. Additional income is received from local busine$ and other organisalions and the Fund algo receives trading, commiOn and inl8resl income. Details are given in the financial ststements. The Fund has continued to fund facility improvement to benef1t the pupils as shown in note 5 of these financial slalemenls. Achlevoments and perfomianco . Performance overview The financial statements show a surplus on the unrestricted funds of £13,959 (2023 - £9,028) and a restricted fund surplus of £166.720 (2023- £14.945). Expenditure during the year lolalled £54, 142120rJ- £70.0021. The increase is the result of the Daphne Ann Badcock legacy of £164,495 received in 2024. Financial review a. Ro$orvg$ policy Unrestricted funds amounted to £388,743 (2023 - £374,784) at the year end. Restricted funds amotjnt to £189,411 (2023 £22, 691) al the year end. Total reserves al the year end amounted lo £578,154 (2023 £397,475J. Reserves have increased. reflecting the Trustees. concerns that the level of cost involved in any future facilities projects or remodelling, not covered by the public fund, are likely lo be substantr'al. Structure, governance and management a. Legal and administrative information The infomiation on page 1 fomis part of this report. The Trustees sel out on page 1 have held office during the whole of the period. unless otherwse slated. b. Oryanisational structure and doclslon-making policios The Fund's conslilulion was most recently amended on 26 April 2021. The conslilulion lays down that members of staff of the School holding the appointments of Headleacher. Deputy Headleacher, Assistant Headteacher and Staff Govemor are Tnjstees. Page 2
THE COLCHESTER COUNTY HIGH SCHOOL FOR GIRLS, SCHOOL FUND TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Structure. governance and management {continued) c. Publlc beneflt The main activities and benefits are describsj below. All of the Charity's activities focus on either the provision of facilities OT fundraising for the provision Df facilities, lo advance education of the students. These activities are undertaken to further the charitable purpose for the public benefit. The Trustees consider that they have complied wlh the duly in section 4 of the Charities Act 2006 to have due regard lo the public benefit guidance published by the Charity Commission. Plans for future periods The Truslees intend lo support new building projects. The Trustees wll continue lo provide the additional support for education faali118s as required by the School. Statemenl of Trustees, responsibilitios The Trustees are responsble for preparing the TTUStees' report and the financial statements in accordance wlh applicable law and United Kingdom Accounting Standards Iuniled Kingdom Generally Accepted Accounting Practice). The law applicable lo charities in England & Wales requires the Trustees lo prepare financi81 slalemenls for each financial which give a true and fair view of the stale of affairs of the charity and of ils incoming resources and application of resources, including ils income and gxpenditure, for that period. In preparing these financial stal8menls, the Trustees are required to.. seled suitable accounting policies and then apply them consslenlly., observe the methods and principles of the Charities SORP IFRS 1021., make judgments and accounting estimates that are Teasonable and prudent., slate whether applicable UK Accounting Standards IFRS 1021 have been followed. subjed to any material departures disclosed and explained in the financial slalemenls., prepar& the financial statements on the going nCern basis unless il is inappropriate lo pr8sume that the charity wll continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain the charity's transactions and disclose with r8asonablo accuracy al any limo the financial posib'on of the charity and enablg th&m lo ensure that the financial slalements comply wlh the Charities Act 2011, the Charity (Actounls and Reports) Regulation5 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and hence for takin9 reasonable steps for the prevention and detection of fraud and other iffegularities. Approved by order of the Members of the board of Trustees and signed on their behalf by.. Marshall (Chair of Trusleesl Date.. 11102/2025 Page 3
THE COLCHESTER COUNTY HIGH SCHOOL FOR GIRLS. SCHOOL FUND INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 AUGUST 2024 Indèpend8nt gxaminer's rgport to the Trustees of The Col¢hester County High School for Girls, School Fund I'the charlty,) I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 August 2024. Rgsponsibilitigs and basis of report As the Trustees of the charity you ar8 responsible for the prepaTalion of the accounts in accordance with the requirements of the Charities Act 2011 {'the 2011 Act'l. I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in caryng out my examination I have followed the applicable Directions given by the Charity Commi55ion under section 14515llbl of the 2011 Act. Indepondgnt gxamin•r's statoment I have completed my examination. I confirm that no matters have come lo my attention in connection wlh the examination giving me cause lo believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act., Dr the accounts do not accorcl wlh those Tecords.. or the accounts do not comply wlh the applicable requirements concerning the foTm and content of actounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and faiff view which is not a matter considered as part of an indèpendent oxaminalion. I have no concems and have come across no other matters in connection wlh the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached. This report is made solely lo the Gharity's Tnjslees, as a body. in accordance wth Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might slate to the charity's Tmslees thos& matters l am reouired lo stsle lo them in an Independent examin&rfs report and for no other purpose. To the fullest extent perrnilled by law, I do not accept or assume responsibility lo anyone other than the charity and the charity's Tnjslees as a brxjy. for my work or for this report. Signed.. Dated.. 11/2/2025 Giles Kerkham FCA DChA Larking Gowen LLP 1 Claydon Business Park Great BSakenham Ipswch IP6 ONL Page 4
THE COLCHESTER COUNTY HIGH SCHOOL FOR GIRLS, SCHOOL FUND STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024 Unrostrlcted funds 2024 Restrlcted funds 2024 Totsl funds 2024 Total funds 2023 Note Incomg from: Donations and legacies Income from activilias Investments 18.117 39.731 8,482 164.495 3.996 182,612 43,727 8,482 43,327 47,657 2.991 Total Income 66.330 168,491 234,821 93,975 Exponditure on: Charitable activities 52.371 1.771 54,142 70,002 Totsl expenditure 52,371 1,771 54,142 70,002 Net movement in funds 13,959 166.720 180,679 23,973 Reconciliation of funds: Total funds brought forward Net movement in funds 374.784 13.959 22,691 166,720 397,475 180,679 373,502 23.973 Total funds carrled forward 388,743 189,411 578,154 397,475 The notes on pages 7 10 14 form p8rt of these financial statements. Page 5
THE COLCHESTER coufriry HIGH SCHOOL FOR GIRLS, SCHOOL FUND BALANCE SHEET AS AT 31 AUGUST 2024 2024 2023 Note Current assgts Debtors Cash at bank and in hand 2,525 $81,406 3,318 396,556 583,931 399,874 Creditors: amounts falling due within one year 15.777) (2,399) Net current assets 578.154 397,475 Total net assets 578.154 397,475 Charfty funds Reslricled funds Unrestricted funds io io 189.411 388.743 22,691 374, 784 Total funds 578,154 397,475 The financial slalements were approved and aulhorised for issue by the Trustees and signed on their behalf by.. G TShall (Chair of Trustees Dale.. 11/02 2025 The notes on pages 7 10 14 forrn part of these financial slalemenls. Page 6
THE COLCHESTER COUNTY HIGH SCHOOL FOR GIRLS. SCHOOL FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Accounting policies 1.1 Basis of preparation of flnan¢lal statements The financial statements have been prepared in accordance wlh the Chanties SORP IFRS 1021 Accounting and Reporting by Charities.. Ststement of Recommended Practi applicable lo charities preparing their accounts in aGcordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. The Colchester County High School for Girfs, Schts)l Fund meets the definition of a public benef11 entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise slated in the relevant accounting policy. 1.2 Incom8 All income is recognised once the charity has entitlement lo the income, it is probable that the income wll be received and the amount of income receivable can be measured reliably. The recognition of income from legacies is dependent on establishing enlitlemenl, the probability of receipt and the ability to estimate wlh sufficient accuracy the amount receivable. Evidence of enlillemenl to a legacy exists when the charity has sufficient eviden that a gift has been left lo them Ilhrough knowledge of the existen of a valid rill and the death of the benefaclorl and the executor is satisfied that the propety in quèstion wl1 not be required lo satisfy claims in the estate. Receipt of a legacy must be recognised whèn il is probable that il wll be received and the fair value of the amount receivable. which wll generally be the expected cash amount to be dislribul8d lo the charity, can be reliably measurod. Income tax cOverable in relation to donations received under Gift Aid or deeds of covenant is recognised al the time of the donation. 1.3 ExndIture Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit lo a third paty, it is probable that a transfer of economic benefits will be required in selllem&nt and the amount of the obligation can be measured reliably. Expenditure is dassified by activity. Govemance costs are those incurred in connection wth administration of the charity and compliance with constitutional and statutory requirements. Charitable activities are costs incurred on the charity's op&ralions, induding support costs and costs relating lo the governance of the charity apportioned to charitable activities. 1.4 Intoro$1 rgGgivablg Interest on fund5 held on deposit is induded when receivable and the amount can be measured reliably by the charity,. this is normally upon notification of the interest paid or payable by Bank. 1.5 Debtors Other debtors are recognised al the selllemenl amount after any Irade discount offered. Pr8paymenls are valued al the amount prepaid nel of any trade discounts due. Page 7
THE COLCHESTER COUNTY HIGH SCHOOL FOR GIRLS, SCHOOL FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Accounting policies {¢ontinugdl 1.6 Cash at bank and In hand Cash at bank and in hand includes cash and short-lerm highly liquid investments wlh a short maturity of three months or less from the dale of acquisition or opening of the deposit or similar account. 1.7 Llabllltles and provlsions Liabilities are recognised when there is an obligation al the Balance sheet dale as a result of a past event, il is probable that a transfer of economic benefit wll be required in selllement, and the amount of the selllemenl can be estimated reliably. Liabilities are Tecognised at the amount that the charity anlicipales il wll pay to setue the debt or the amount il has received as advanced paym8nls for th8 goods or services il musl provide. 1.8 Flnanclal Instruments The Fund only has finanoal assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are inilially recognised at transaction value and subsequently measur&J at their selllemenl value. 1.9 Fund accounting General funds are unrestricted funds 1¢h are available for use al the discTelion of the Trustees in furtherance of the general objectives of the charity and thich have not been designated for other purposes. Restricted funds aro funds which are lo be used in aOrdanCe wlh specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes lo the financial statements. Page 8
THE COLCHESTER couTrirY HIGH SCHOOL FOR GIRLS. SCHOOL FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Income from donation$ and legacles Unrestricted Restricted funds funds 2024 2024 Total funds 2024 Total funds 2023 Donations Legacies 18,117 18.117 184.495 29, 782 13,545 164,495 18,117 164,495 182,612 43,327 Total 2023 29, 782 13,545 43,327 Income from activities Unrestrfct&d Restrlcted funds funds 2024 2024 Total funds 2024 Total funds 2023 Commission School concerts and events 500 Club Sales of souvenirs Other incorne Jack Petchey Award Staff fund 923 25,714 4,224 8,836 923 25,714 4,224 8,836 959 29, 103 4, 144 7,980 1,366 2, 700 1,405 2.700 1,296 2,700 1,296 39.731 3.996 43,727 47,657 rolal 2023 43,552 4.105 47.657 Page 9
THE COLCHESTER cOUTry HIGH SCHOOL FOR GIRLS. SCHOOL FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Investment income Unr8strict*d funds 2024 Total funds 2024 Total funds 2023 Interest 8.482 8,482 2,991 Analysis of expendlture A[VItI9$ undertakon directly 2024 Total funds 2024 Total funds 2023 Charitable activities 54,142 54,142 70,002 Analysis of direct costs As rgslated Total funds 2023 Total funds 2024 Other oxpenditur School concerts and events Sale of souvenirs Equipment and subsidies Jack Petchey Awards costs 500 Club costs Staff funds Govemance costs 25 717 15,021 8,191 24,300 96,603 7,032 39,330 1,175 2,090 1.530 2, 125 2,134 1,078 2,700 54,142 70, 002 Page 10
THE COLCHESTER COUNTY HIGH SCHOOL FOR GIRLS, SCHOOL FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Ind•pend•nt examinèr's remun•ratlon The independent examiner's remuneration amounts lo an ind8pend8nl examiner fee of £2.700 12023 £2,550). Trustees. remuneratlon and exponsos During the year, no Trustees received any ramuneralion or other b8n8fils f2023- £NIL). During Ihe year ended 31 August 2024, no TTusloe expenses have been incurred (2023- £NIL). Dobtors 2024 2023 Due within one year Other debtors Prepayments and accrued income 300 2,225 1, 621 1, 697 2.525 3,318 Crgditors: Amounts falling due within one year 2024 2023 Accruals and defee# income 5.777 2,399 Page 11
THE COLCHESTER COUNTY HIGH SCHOOL FOR GIRLS. SCHOOL FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 10. Statement of funds statamant of funds- current year Balance at 1 September 2023 Balance at 31 August 2024 Income Expenditure Unrestricted funds General Funds- all funds 374.784 66.330 152.371) 388,743 Ro$tri¢tgd funds Nora Frost Legacy Jack Pelchey award Staff fund Daphne Ann Badcock Legacy 13.545 7.383 1,763 13,545 9,390 1,981 164,495 2,700 1,296 164,495 1693) (1,078) 22.691 168,491 11.771) 189,411 Total of funds 397.475 234,821 154.142) 578,154 Jack Petchey award The Jack Petchey award fund is for school projects supported by the Jack Petchey Foundation Staff fund The stsff fund is lo pport the staff of Colchester County High School for Girfs. Nora Frost Lagacy The Nora Frost legacy is lo be applied towards schod's leaving scholarship awards. Daphne Ann Badcock Legacy The Daphne Ann Badcock legacy is lo fund the provision of one scholarship per annum in modem languages or ClasScs. Page12
THE COLCHESTER COUNTY HIGH SCHOOL FOR GIRLS. SCHOOL FUND NOTES TO THE FINANCtAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 10. Statement of funds Icontinuedl ststgmont ol fund$ - prior ygar 8alance at I September 2022 Balance at 31 August 2023 Income Expenditure Unrestrlctod funds General Funds- all funds 365. 756 76,325 (67, 297) 374, 784 Restrf¢ted funds Nora Frost Legacy Jack Petchey award Stsff fund 13.545 2, 700 1,405 13,545 7,383 1,763 5.858 1,888 (1. 775) (1,530) 7,746 17.650 {2, T05) 22,697 Total of funds 373.502 93.975 (70.002) 397,475 Page13
THE COLCHESTER COUNTY HIGH SCHOOL FOR GIRLS. SCHOOL FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Analysis of net assets between funds Analysi$ of not assgts be89n fund$- ¢urrgnt period Unrestrfctod Rostrict funds funds 2024 2024 Total funds 2024 cuent 8S5els Creditors due within one year 394,520 15.7771 189,411 583,931 {5,7771 Total 388,743 189,411 578,154 Analysls of not assets between funds- prlor pgrlod Unrestricted funds 2023 Reslrioted funds 2023 Total funds 2023 Current assets Creditors due within one year 377, 183 (2,399) 22,691 399,874 {2.399) Total 374, 784 22,691 397,475 12. Related party transactions Th& Fund supports and shares similar charitsble aims lo Colchesler County High School foT Gids. The Private Fund made donations to Colchester County High School for Girfs tolalling £45,49412023 £40,559) during the year. Al 31 August 2024 donations lolalling £Nil 12023 £Nill has been promised bul not yet paid. Page 14