## ## ## ||||Page| |---|---|---|---| |Reference and administrative||details ofthe Charity, its Trustees and advisers|1-2| |Trustees'
report|||3-5| |Independent
auditors'|report|on the financial statements|6-9| |Statement offinancial|activities||10| |Balance sheet|||11-12| |Statement ofcash flows|||13| |Notes to the financial|statements||14-28| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Endowment|Restricted|Unrestricted|Total|Total| |---|---|---|---|---|---|---|---| ||||funds|funds|funds|funds|funds| ||||2023|2023|2023|2023|2022| |||Note|||6|6|| |Income and|||||||| |endowments
from:|||||||| |Donations
and legacies||||21,840|60,758|82,598|15,160| |Investments|||82,956|50,405|4,429|137,790|70,080| |Total income and|||||||| |endowments|||82,956|72,245|65,187|220,388|85,240| |Expenditure
on:|||||||| |Charitable
activities||8|154,742|134,227|31,000|319,969|440,006| |Total expenditure|||154,742|134,227|31,000|319,969|440,006| |Net|||||||| |(expenditure)/income|||||||| |before net|||||||| |(losses)/gains
on
investments|||(71,786)|(61,982)|34,187|(99,581)|(354766)| |Net (losses)/gains
investments|on||(124,141)|(76,839)|(2,655)|(203,635)|2,789| |Net (expenditure)/
income|||(195,927)|(138,821)|31,532|(303,216)|(351,977)| |Transfers
between|||||||| |funds||12|265,145||(265,145)||| |Net movement
in|||||||| |funds|||69,218|(138,821)|(233,613)|(303,216)|(351,977)| |Reconciliation
of|||||||| |funds:|||||||| |Total funds brought|||||||| |forward as previously
stated|||2,758,391|1,718,984|700,874|5,178,249|5,561,226| |Prior year adjustment|||||||(31,000)| |Total funds brought|||||||| |forward as restated|||2,758,391|1,718,984|700,874|5,178,249|5,530,226| |Net movement
in funds|||69,218|(138,821)|(233,613)|(303,216)|(351,977)| |Total funds carried|||||||| |forward|||2,827,609|1,580,163|467,261|4875033|5,178,249| ## ## ## ||||||2023||2022| |---|---|---|---|---|---|---|---| ||||Note||E||| |Fixed assets|||||||| |Investments|||||4,484,114||4,910,749| ||||||4,484,114||4,910,749| |Current assets|||||||| |Debtors|||10|92,425||127,659|| |Cash at bank|and in hand|||307,744||148,241|| |||||400,169||275,900|| |Creditors: amounts||falling due within one|||||| |year|||11|(9,250)||(8,400)|| |Net current|assets Iliabilities||||390,919||257,500| |Total assets|less|current liabilities|||4,875,033||5,178,249| |Total net assets|||||4,875,033||5,178,249| |Charity funds|||||||| |Endowment|funds||12||2,827,609||2,758,391| |Restricted
funds|||12||1,580,163||1,718,984| |Unrestricted|funds||12||467,261||700,874| |Total funds|||||4,875,033||5,178,249| ## ## ## ## ## ## ||||2023|2022| |---|---|---|---|---| |||||6| |Cash flows from operating|activities|||| |Net cash used
in operating|activities||(283,885)|(344,609)| |Cash flows from investing|activities|||| |Dividends,
interests
and rents from investments|||220,388|85,240| |Proceeds from sale of investments|||223,000|391,250| |Net cash provided
by investing
activities|||443,388|476,490| |Change
in cash and cash|equivalents
in|the year|159,503|131,881| |Cash and cash equivalents|at the beginning|ofthe year|148,241|16,360| |Cash and cash equivalents|at the end of|the year|307,744|148,241| |The notes on pages 14to 28 form part ofthese financial statements||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Restricted|Unrestricted|Total|Total| |---|---|---|---|---|---|---| ||||funds|funds|funds|funds| ||||2023|2023|2023|2022| ||||6|f.|6|| |Donations|||21,840|60,758|82,598|15,160| |Total 2022|||12,000|3,160|15,160|| |Investment|income|||||| |||Endowment|Restricted|Unrestricted|Total|Total| |||funds|funds|funds|funds|funds| |||2023|2023|2023|2023|2022| |||5||5|6|5| |Investment|income|82,956|48,383|1,222|132,561|69,920| |Bank interest received|||2,022|3,207|5,229|160| |||82,956|50,405|4,429|137,790|70,080| |Total 2022||66,631|2,045|1,404|70,080|| ## ## ## ## ## |||||Grants to|Grants to|Total|Total| |---|---|---|---|---|---|---|---| |||||Institutions|Individuals|funds|funds| |||||2023|2023|2023|2022| |||||8|8|6|E| |Grants awarded||||108,000|20,000|128,000|109,000| |Total 2022||||89,000|20,000|109,000|| |Grants awarded|||||||| |||||||2023|2022| |||||||8|F| |Grants to Institutions|||||||| |Reading School Awards|||and Senior Prizes|||108,000|89,000| |||||||108,000|89,000| |Grants to Individuals|||||||| |Enrichment|programme|||||20,000|20,000| |||||||20,000|20,000| |Other grants||and other|costs||||| ||||||Unrestricted|Total|Total| ||||||funds|funds|funds| ||||||2023f|2023
8|2022f| |School maintenance|||||32,000|32,000|242,228| |Development||grant|||80,001|80,001|46,000| |Waterhouse|cost||||31,000|31,000|31,000| |900th Anniversary|||||30,000|30,000|| |Total 2023|||||173,001|173,001|319,228| |Total 2022|||||319,228|319,228|| ## ## ## ## |||Unrestricted|Total|Total| |---|---|---|---|---| |||funds|funds|funds| |||2023|2023|2022| |||F|E|| |Audit fees||9,680|9,680|8,880| |Other accountancy|costs|170|170|600| |Other indirect costs||118|118|48| |Clerks' fees||9,000|9,000|2,250| |Total 2023||18,968|18,968|11,778| |Total 2022||11,778|11,778|| ## ||Charity|Grant|Governance|Total|Total| |---|---|---|---|---|---| ||direct costs|funding|costs|funds|funds| ||2023|2023|2023|2023|2022| ||6||6|6|| |Expenditure|173,001|128,000|18,968|319,969|440,006| |Total 2022|319,228|109,000|11,778|440,006|| ## ## ## ## ||||General|Endowed||| |---|---|---|---|---|---|---| |||Restricted|Funds|Funds||| |||Funds|Young|School|Total|Total| |||Award Fund|Bequest|Charity|funds|funds| |||||||2022| |||||||8| |Balance at 1 August 2022||1,680,496|408,596|2,821,722|4,910,814|5,299,275| |Disposals||(128,312)||(94,753)|(223,065)|(397,411)| |Transfer||||||| |Unrealised|gains/(losses)|(76,839)|(2,655)|(124,141)|(203,635)|8,950| |Balance at 31July 2023||1,475,345|405,941|2,602,828|4,484,114|4,910,814| |Historical Cost of Investments||1,680,496|408,596|2,821,722|4,910,814|| ## |The invest|ment
fund and|application
of|total return to permanent|endowment
funds:|| |---|---|---|---|---|---| |||||2023|2022| ||||||6| |Opening
value of permanent||endowment||2,756,840|2,689,600| |Opening
value of unapplied||total return||1,551|30,352| |Less|||||| |Original
value ofgift||||(1,100,000)|(1,100,000)| |Indexation||||(1,656,840)|(1,589,600)| |||||1,551|30,352| |Investment|return: dividends|and interest||82,956|66,631| |Investment|return: realised|and unrealised|gains and (losses)|(124,141)|(4,552)| |Total return|before transfer|||(39,634)|92,431| |Less|||||| |Total return|applied|||41,482|(90,880)| |Unapplied|total return|||1,848|1,551| |Add|||||| |Original
value of gift||||1,100,000|1,100,000| |Indexation||||1,725,761|1,656,640| |Total||||2,827,609|2,758,391| ## ## ## ## |Debtors|||| |---|---|---|---| |||2023|2022| ||||F| |Due after more than one year|||| |Other debtors||60,000|91,000| |||60,000|91,000| |Prepayments|and accrued income|32,425|36,659| |||92,425|127,659| ## |2023|2022| |---|---| |5|| |9,250|8,400| ## ## ## ||Balance at 1|||||| |---|---|---|---|---|---|---| ||August|||Transfers|Gains/|Balance at| ||2022|Income|Expenditure|in/out|(Losses)|31July 2023| ||||6|6|6|6| |Unrestricted||||||| |funds||||||| |General Funds|364,402||(31,000)|(265,145)||68,257| |Young Bequest|336,472|65,187|||(2,655)|399,004| ||700,874|65,187|(31,000)|(265,145)|(2,655)|467,261| |Endowment||||||| |funds||||||| |School Charity||||||| |(Queens Road)||||||| |Permanent|2,756,840|||68,921||2,825,761| |School Charity||||||| |Unapplied
Total||||||| |Return|1,551|82,956|(154,742)|196,224|(124,141)|1,848| ||2,758,391|82,956|(154,742)|265,145|(124,141)|2,827,609| |Restricted||||||| |funds||||||| |Award
Fund|1,718,984|72,245|(134,227)||(76,839)|1,580,163| |Total offunds|5,178,249|220,388|(319,969)||(203,635)|4,875,033| ## ## ## ## |||As restated|||||| |---|---|---|---|---|---|---|---| |||Balance at|||||| |||1 August
2021|Income|Expenditure|Transfers
in/out|Gains/
(Losses)|Balance at
31 July 2022| |||8||F|F|6|| |Unrestricted|||||||| |funds|||||||| |General|Funds|667,897||(31,000)|(272,495)||364,402| |Young|Bequest|324,511|4,564|||7,397|336,472| |||992,408|4,564|(31,000)|(272,495)|7,397|700,874| |Endowment|||||||| |funds|||||||| |School|Charity||||||| |(Queens Road)
Permanent||2,689,600|||67,240||2 756840| |School|Charity||||||| |Unapplied
Total
Return||30,352|66,631|(296,296)|205,255|(4,391)|1,551| |||2,719,952|66,631|(296,296)|272,495|(4,391)|2,758,391| |Restricted|||||||| |funds|||||||| |Award|Fund|1,817,866|14,045|(112,710)||(217)|1,718,984| |Total offunds||5,530,226|85,240|(440,006)||2,789|5,178,249| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Summary
|offund|s
-current year||||||| |---|---|---|---|---|---|---|---|---| |||Balance at 1
August
2022
6|Income
6|Expenditure
6|Transfers
in/out
6|Gains/
(Losses)
6|Balance at
31July 2023|| |General funds||700,874|65,187|(31,000)|(265,145)|(2655)||467 261| |Endowment
funds
Restricted|funds|2,758,391
1,718,984|82,956
72,245|(154,742)
(134,227)|265,145|(124,141)
(76,839)||2,827,609
1,580,163| |||5,178,249|220,388|(319,969)||(203,635)||4,875,033| |Summary|offunds - prior year|||||||| |||As restated||||||| |||Balance at||||||| |||1 August
2021|Income|Expenditure|Transfers
in/out|Gains/
(Losses)|Balance at
31 July 2022|| |||6|F|E|6|||F| |General funds||992,408|4,564|(31,000)|(272,495)|7,397||700,874| |Endowment
funds||2,719,952|66,631|(296,296)|272,495|(4,391)||2,758,391| |Restricted|funds|1,817,866|14,045|(112,710)||(217)||1,718,984| |||5,530,226|85,240|(440,006)||2,789||5,178,249| |Analysis|of net|assets between|funds|||||| |Analysis|of net|assets between|funds -current year|||||| |||||Endowment|Restricted|Unrestricted||Total| |||||funds|funds|funds||funds| |||||2023|2023|2023||2023| ||||||6||6|| |Fixed asset investments||||2,627,609|1,580,163|76,342||4,484,114| |Debtors due after more than one|||year|||60,000||60,000| |Current assets||||||340,169||340,169| |Creditors|due within one year|||||(9,250)||(9,250)| |Total||||2,827,609|1,580,163|467,281||4,875,033| ## ## ||||||||Restated|| |---|---|---|---|---|---|---|---|---| |||||Endowment||Restricted|Unrestricted|Restated| |||||funds||funds|funds|Total funds| |||||2022
F||2022|2022f|2022| ||Fixed asset investments|||2,758,391||1,718,984|433,374|4,910,749| ||Debtors due after more than one year||||||91,000|91,000| ||Current assets||||||184,900|184,900| ||Creditors due within|one year|||||(8,400)|(8,400)| ||Total|||2,758,391||1,718,984|700,874|5,178,249| |15.|Reconciliation
of net movement
in funds to|||net cash flow||from operating|activities|| ||||||||2023|2022| ||||||||8|| ||Net expenditure
for|the year (as per Statement||of Financial|Activities)||(303,216)|(351,977)| ||Adjustments
for:|||||||| ||Losses/(Gains)
on investments||||||203,635|(2,789)| ||Dividends,
interests|and rents|from investments||||(220,388)|(85,240)| ||Decrease
in debtors||||||35,234|108,398| ||increase/(decrease)|in creditors|||||850|(11,000)| ||Net cash used in operating||activities||||(283,885)|(344,608)| |16.|Analysis
ofcash and cash equivalents|||||||| ||||||||2023|2022| ||||||||6|| ||Cash in hand||||||307,744|148,241| ||Total cash and cash equivalents||||||307,744|148,241| ## ## ## ## ## |||||||At|1|August||At 31July| |---|---|---|---|---|---|---|---|---|---|---| |||||||||2022|Cash flows|2023| ||||||||||F|| |Cash|at|bank|and|in|hand|||148,241|159,503|307,744| |||||||||148,241|159,503|307,744| ##