BOURNEMOUTH SCHOOL FUND
Registered Charity Number.. 291760
Report and Financial Statements
For the year ended 31 August 2022

BOURNEMOUTH SCHOOL FUND
Contents
Page
Legal and Administrative Detsils
Report of the Trustees
Independent Examinerfs Report
Statement of Finandal Activlties
BalanGe Sheet
Notes to the Financial Statements
8-11

BOURNEMOUTH SCHOOL FUND
Legal and Administrative Details
Legal Status
The Bournemouth School Fund was founded on 4 October 1984 as a charitable trust and is
registered with the Charity Commission under registration number 291760. The operations
of the charity are governed by the original record of minutes dated 4 October 1984 and the
minutes of a meeting dated 31 August 1997.
Charity Registration Number: 291760
Trustees
The current trustees are as follows..
Dr D P Lewis
Mrs J A Wheatley
Registered Office and Operational Address
Bournemouth School
East Way
Bournemouth
Dorset
BH8 9PY
Hoad of Finance and Administration
Mrs K Newton
Bankers
Lloyds Bank PIC
4547 Old Christchurch Road
Bournemouth
Dorset
BH1 1ED
Barclays Bank PIC
61 Old ChristGhurch Road
Boumemouth
Dorset
BH11ER
Independent Examiner
Ann Mathias (FCA)
Moore {Soulh) LLP
33 The Clarendon Centre
Dairy Meadow Lane
Salisbury
Wiltshire
SP12TJ
Page 1

BOURNEMOUTH SCHOOL FUND
Report of the Trustees
The trustees present their annual report togeth8r with the financial statements of the charity
for the year ended 31 August 2022.
The financial statements have been prepared in accordance with the accounting policies set
out in note 1 to the accounts and comply with the charity's governing document, the
Charities Act 2011, the Charities. Statement of Recommended Practice ISORP) {FRS102)
2019 appliGable to Gharities, preparing the accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland published in October 2D19.
Objectives and Activities
The objectives of the Bournemouth School Fund are set out in the ortginal record of minutes
dated 4 October 1984 and the minutes of a meeting dated 31 August 1997. The fund exists
for advancing the education of pupils by providing and assisting in the provision of facilities
for the education of pupils al the school. The trustees have considered the Charity
Commission's general guidance on public benefit when reviewing the objective and activities
and in planning future activities.
Structure, Governance and Management
Bournemouth School Fund is registered with the charity commission and constituted by deed
of trust. The charity is administered by Ihe two trustees.. Dr D P Lewis and Mrs J A
Wheatley.
Achievements and Performance
The charity's trustees rAn report that the fund was fully operational throughout the year
under review. All of the fund's activities focus on the advancement of education and are
undertaken to further the fund's charitable purposes for the public benefit.
During the year ended 31 August 2022 donations of £50,000 were made to Bournemouth
School. These donations included=
Careers support
Catering support
Homework diaries
Books
PE coacheslreferees
Robotics club sUPPOrt
£19,918
£19,000
£2,950
£1,681
£962
£358
Financial Review
The results for the year are set out on page 5.
Th8 charity's main income is £63,270 from donations.
The charity's main expenditure is £50,000 of donations to Boumemouth School to enhance
the provision of education at th8 school. Other donations of£6,334 were also made during
the year.
Net incorne remained fairly constant in Comparison to the prior year.
The trustees are satisfied that all the assets are freely available to be used for the charity's
activities and are adequate to fulfil the charity's obligations.
Page 2

BOURNEMOUTH SCHOOL FUND
Report of the Trustees (continued)
Reserves Policy
The trustees Consider that significant cash resources are not necessary to meet the on-going
expenditure of the fund. However, the trustees are actively seeking further projects in line
with the fund's objectives which will be financed out of existing funds.
Risk Management
The trustees have undertaken a review of risks which may have an effect on the fund and its
aclivities. The trustees are satisfied that no significant risks exist in this respect.
Plans for Future Periods
The charity's trustees continue to consider ways to use the charity's resources for advancing
the education of pupils.
Responsibilities of the Trustees
The trustees are responsible for preparing the Trustees, annual report and financial
statements in accordance with applicable law and United Kingdom Accounting Standards
(UnÈted Kingdom Generally Accepted Accounting Practice) and applicable laws and
regulations.
The law applicable to Charities requires the trustees to prepare financial stalements for each
finanGial year which give a true and fair view of the state of affairs of the charity and of the
incoming reSoUr￿S and application of resources of the charity for thal period. In preparing
these financial statements, the trustees are required to=
select suitable accounting poli￿eS and then apply them consistently-
observe the methods and principles in the Charities SORP 2019 (FRS 102)-,
make judgments and accounting estimates that are reasonable and prudent.,
state whether appli&qble UK Accounting Standards have been followed, subject to
any material departures disclosed and explained in the financial statements., and
prepare the financial slatements on the going cOn￿M basis unless it is inappropriate
to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with
reasonable accuracy at any time the financial position of the charity and to enable them to
ensure that the financial staternents comply with the Charities Act 2011, Charilies (Accounts
and Reports) Regulations 2008, and the provisions of the constitution. They are also
responsible for safeguarding the assets of the charity and hen￿ for taking reasonable steps
for the prevention and detection of fraud and other irregularities.
Approved by the trustees and signed on behalf of the trustees by
Dr D P Lewis
Chair of Trustees
Page 3

BOURNEMOUTH SCHOOL FUND
Independent Examiner's Report to the Trustees of Bournemouth School
Fund
I report on the a¢¢ounts of Boumemouth School Fund (the Charity} for the year ended 31 August 2022, which
are set out on pages 5 to 11.
Responsibilities and Basis of Report
As the charity's tNstees you are responsible for the p￿paration of the a¢coL(nts in accordance with the
requirements of the Charities Act 20111'the ACVI.
I report in respect of my examlnation of the charfty's accounts Cathed out under sectlon 145 of the Act and
In Carrying out my examination I have followed all the applicable Diredons gfven by the Charfty
CommissSon under section 145{5llbl of the A¢1
Independent Examlner's Statement
I have cornplet8d my exarnination. l confirm that no material matters have come to my attention in
¢onn8Ction with the examination giving m8 Gause to beli8ve that in any material respect..
1 } accounting records were not kept in r85pect of the charity as required by section 130 of the Act., or
21 the accounts do not accord with those records.. or
31 the accounts do not comply wrth the applicable requirements conceming the form and content of
the accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a 'lrue and fair view which is not a matter considered as part of
an independent exarnination.
I have no concerns and have come across no other matters in connection wrth the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts lo be
reached.
Ann Mathias IFCA)
Moore Isouthl LLP
ém6b- 20x2
Chartered Accountants
33 The Clarendon C8rrtr8,
Dairy Meadow Lane,
Salisbury, Wiltshire, SP12TJ
Page 4

BOURNEMOUTH SCHOOL FUND
Statement of Financial Activities for the Year ended 31 August 2022
Restricted
Funds
2022
Unrestricted
Funds
2022
Total Funds
Totsl Funds
Noles
2022
2021
Income
Donations and Legacies
School Events and
Activities
Other Charitable Activities
Investmenls
other Income
100
63.270
315
63,370
315
62,976
9,120
43
43
58
251
95
24
28
251
Total Income
100
63,937
64,037
72,243
Expenditure
Charitable Activities
Other Costs
60.475
827
60,475
827
68,126
1,285
Total Expendlture
61,302
Net (Expenditurelllncome
100
2,635
2,735
2,832
Funds as al 1 September
2021
1,300
173,027
174.327
171,495
Funds as at 31 August
2022
1,400
175,662
177,062
174,327
There was no income or expenditure in either of the above years other than those shown in
the statement above.
The notes on pages 8 to 11 form an integral part of these financial statements.
Page 5

BOURNEMOUTH SCHOOL FUND
Statement of Financial Activities for the Year ended 31 August 2022
Comparative year infomiation foi the year ended 31 August 2021
Restricted
Funds
2021
Unrestricted
Funds
2021
Total Funds
Total Funds
Notes
2021
2020
Income
Donations and Legacies
School Events and
Activities
Other Charitable Activities
Investments
Other Income
62,976
9,120
62,976
9,120
66,752
95
24
28
95
24
28
133
154
Total Income
72.243
72,243
67,428
Exponditure
Charitable Activities
other Costs
68,126
1,285
68,126
1,285
66,452
1,222
Total Expenditure
67,674
Net {ExpenditurelllnGome
2,832
2,832
(246)
Funds as at 1 September
2020
1,300
170,195
171,495
171,741
Funds as at 31 August
2021
1,300
173,027
174,327
171,495
Page 6

BOURNEMOUTH SCHOOL FUND
Balance Sheet as at 31 August 2022
Notes
2022
2021
Currenl Assets
Debtors and Prepayments
Cash at Bank and In Hand
10.736
168,974
10,623
165,660
179 710
176 283
Creditors: Amounts falling due
within one year
2.648
1.956
Net Current Assets
177,062
174.327
Represented by
Restricted funds
Unrestricted funds
1,400
175.662
1.300
173,027
Total Funds
177.062
174.327
Approved by the trustees and signed on their behalf by:
Dr D P Lewis
Chair of Trustees
Date..
The notes on pages 8 to 11 form an integral part of these financial statements
Page 7

BOURNEMOUTH SCHOOL FUND
Notes to the Financial Statements for the Year Ended 31 August 2022
1. Statement of Accounting Policies
A summary of the principal aGGounting policies adopted (which have been applied consistently,
except where noted), judgements and key sources of estimation uncertainty, is set out below.
The charity is unincorporated and the address of the principle offieE is given on Page 1 of
these financial slatements. The nature of the charity's operations and principle activities are
explained in the Trustees Report.
Basis of Preparation
The financlal statements have been prepared in accordan￿ with Accounting and Reporting
by Charities.. Statement of Recommended Practi￿ applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland {FRS1021, Charilies SORP 2019 IFRS 102) issued in October 2019, and
the Charities Act 2011.
Bournemouth School Fund meets the definition of a public benefit enlity under FRS102.
The financial statements are prepared on a going concern basis under the historical cost
convention. The financial statements are prepared in sterling, which is the functional
currency of the charity, and are rounded to the nearest £1.
Golng concern
The Trustees. have concluded that the charity has adequate resources to continue into the
foreseeable future, thus they continue to adopt the going con￿rn basis of aocounting in
preparing the financial statements.
Income
All incoming reSoUr￿S are included in the Statement of Financial Activities (SOFA) when the
charity in legally entitled to the income after any performance conditions have been met, the
amount can be measured reliably and it is probable thal the income will be re￿ived.
Expenditure
Expenditure in respect of charitable activities is calculated to include all the expenses
incurred directly in providing school activities.
Expenditure in respect of other costs encompasses those expenses which are not directly
for the purposes of oharitable activities.
Expenditure is recognised as soon as there is a legal or constructive obligation commilling
the charity to that expenditure, it is probable that settlement will be required and the amount
of the obligation can be measured reliably.
All expenditure is accounted for on an accruals basis.
Taxation
As a registered charity Bournemouth School Fund is exempt from taxation of incorne and
gains within section 505 of the Taxes Act 1988 or section 256 of the Charities Gains Act
1992 to the extent that these are applied lo its charitable objeclives. No tax charge has
arisen in the year.
Page 8

BOURNEMOUTH SCHOOL FUND
Notes to the Financial Statements for the Year Ended 31 August 2022
Irrècoverable VAT
Irrecoverable VAT is charged against the expenditure heading for which is was incurred.
Debtors
Debtors are recorded at the settlement amounts. Prepayments are valued as the amounts
prepaid at the balance sheet date.
Cash at bank and in hand
Cash at bank and in hand indudes cash and short term highly liquid investments that are
readily convertible to a known amount of cash and are subject to an insignificant risk of
change in value.
Creditors
Creditors payable within one year are recorded al transaction priGe.
Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic
financial instruments. Basic financial instruments are initially recognised at transaction value
and subsequently measured at their settlement value.
Fund accounting
Reslricled funds are to be used for specific purposes as determined by the donors.
Expenditure which meets this criteria is charged to the fund as incurr8d.
Unrestricted funds are available to use at the discretion of the Trustees in the furtheran￿ of
the oty-ectives of the Charity.
Judgements and key sources of estimation uncertsinty
In the application of the charitable company's accounting policies, the Trustees are required
to make judgements, estimates and assumptions al)out the carrying amount of assets and
liabilities that are not readily apparent from other sources. The estimates and assoGiated
assumplions ar@ based on historical experience and other faclors that are considered to be
relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to
accounting estimates are recognised in the period which the estimate is revised where the
revision affects only that period, or in the period of the revision a￿1 fLrture periods where the
revision affects both current and future periods.
The Trustees believe there are no such significant items.
Page 9

BOURNEMOUTH SCHOOL FUND
Notes to the Financial Statements for the Year Ended 31 August 2022
2. Charitable Activities
Restricted
2022
Unrestricted
2022
Total
2022
Total
2021
School Events and Activities
Speech Day Costs
Sports Activities
Donations
Prefect BadgeS￿l8S
600
3,189
352
56,334
600
3.189
352
56,334
10,764
2,898
15
54.248
201
60,475
60,475
68,126
3. Other Costs
2022
2021
Independent Examiner's Fees
Bank Charges
810
17
798
487
827
1,285
4. Debtors and Prepayments
2022
2021
Income Tax Recoverable
Prepayments
10,736
10,623
10,736
10,623
All debtors are due within one year
5. Creditors: Amounts falling due within one year
2022
2021
Trade Creditors
Accruals
Deferred Income
229
2,419
1,955
2,648
1,956
6. Trustees
None of the trustees re￿]Ved any remuneration or re-imbursement of expenses during the
year under review nor during the previous year.
Page 10

BOURNEMOUTH SCHOOL FUND
Notes to the Financial Statements for the Year Ended 31 August 2022
7. Restricled Funds
Balance at
I September
2021
Balance at
31 August
2022
Income
Expenditure
Musical Instwment
Purchase
PE Resources
100
100
1,300
1,300
Total restricted funds
1,300
100
Comparative infomiation
Balance at
1 September
2020
Balance at
31 August
2021
Incorne
Expenditure
PE Resources
1,300
1.300
Total restricted funds
1,300
1.300
8. Analysis of net assets by funds
Unrestricted
Restricted
2022
Current assets
Creditors
178,310
(2,648)
1,400
179,710
(2,648)
177,062
Total net assets
175,662
1,400
Comparative information
UnrestriGled
Restricted
2021
Current assets
Creditors
174,983
11,956)
1,300
176.283
(1.956)
174.327
Total net assets
173,027
1,300
Page11

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