| CONTENTS | Page | ||
| Reference and administrative | details | ||
| Trustees' report | |||
| Independent auditor's |
report | ||
| Statement offinancial | activities | ||
| Balance sheet | |||
| Notes to the accounts |
| Trustees | Ms A JWiscarson | Ms A JWiscarson | Ms A JWiscarson | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Mr RFPenfold | |||||||||
| Mr D Charles | |||||||||
| Secretary | Mr EHellings | ||||||||
| Principal | address | Queen Anne's | School | ||||||
| Henley Road | |||||||||
| Caversham | |||||||||
| Reading | |||||||||
| RG4 6DX | |||||||||
| Charity registration | number | 296618 | |||||||
| Independent | Auditor | Haysmacintyre | LLP | ||||||
| 10Queen Street Place | |||||||||
| London | |||||||||
| EC4R IAG | |||||||||
| Principal | bankers | Barclays Bank | pic | ||||||
| Leicester | |||||||||
| LE872BB | |||||||||
| Investment | managers | CCLA Investment | Management | Limited | |||||
| 80Cheapside | |||||||||
| London | |||||||||
| EC2V 7QA | |||||||||
| Schroders Investments | Limited | ||||||||
| 31 Gresham | Street | ||||||||
| London | |||||||||
| EC2V 7QA | |||||||||
| Sarasin Investment | Funds Limited | ||||||||
| Juxon House | |||||||||
| 100St Paul's | Churchyard | ||||||||
| London | |||||||||
| EC4M 8BU |
| Unrestricted | Restricted | Permanent | Total | Total | ||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | Endowment | 2022 | 2021 | ||||
| Fund | ||||||||
| Note | ||||||||
| Income from: | ||||||||
| Donations | 26,166 | 15,361 | 41,527 | 117,485 | ||||
| Invesbnents | 51,695 | 36,070 | 87,765 | 85,572 | ||||
| Othe& | 42 | 580 | 622 | 3,089 | ||||
| Total income | 77,903 | 52,011 | 129,914 | 206,146 | ||||
| Expenditure on: |
||||||||
| Charitable activities |
50,710 | 78,517 | 129,227 | 97,786 | ||||
| Total expenditure | 50,710 | 78,517 | 129,227 | 97,786 | ||||
| Net income before gains on | 27,193 | (26,506) | 687 | 108,360 | ||||
| investments | ||||||||
| Net losses on investments | (82,584) | (54,858) | (137,442) | 332,070 | ||||
| Net income and net movement | in | (55,391) | (81,364) | (136,755) | 440,430 | |||
| funds | ||||||||
| Balances brought fonvard at 1 July | 1,782,466 | 1,208,914 | 5 | 2,991,385 | 2,550,955 | |||
| Balances carried forward at 30June | 1,727,075 | 1,127,550 | 5 | 2,854,630 | 2,991,385 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Note | |||||||||
| FIXEDASSETS | |||||||||
| Investments | 2,744,713 | 2,782,155 | |||||||
| CURRENT ASSETS | |||||||||
| Debtors | 25,000 | 25,000 | |||||||
| Cash at bank | 92,856 | 191,419 | |||||||
| 117,856 | 216,419 | ||||||||
| CREDITORS: amounts | falling due within | ||||||||
| one year | (7,939) | (7,189) | |||||||
| NET CURRENT ASSETS | 109,917 | 209,230 | |||||||
| TOTAL NKT ASSETS | 2,854,630 | 2,991,385 | |||||||
| REPRESENTED | BY | FUNDS | AND | ||||||
| RESERUES | |||||||||
| Permanent endowment |
fund | ||||||||
| Restricted funds | |||||||||
| ~ The Red Cloak |
Fund | 1,062,480 | 1,141,785 | ||||||
| ~ White Fund |
31,214 | 31,687 | |||||||
| ~ Dr Ceril Jones |
Fund | 33,856 | 35,442 | ||||||
| 1,127,550 | 1,208,914 | ||||||||
| Unrestricted funds |
|||||||||
| General funds | 1,727,075 | 1,782,466 | |||||||
| 2,854,630 | 2,991,385 |
| 4. | EXPENDITURE ON CHARITABLE ACTIVITIES | EXPENDITURE ON CHARITABLE ACTIVITIES | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| Funds | Funds | Total | |||
| Current year: Bursaries to Queen Anne's School |
50,578 | 77,517 | 128,095 | ||
| Grants to individuals | 1,000 | 1,000 | |||
| Administrative expenses |
132 | 132 | |||
| 2022 Total funds | 50,710 | 78,517 | 129,227 | ||
| Prior year: | |||||
| Bursaries to Queen Anne's School | 44,250 | 52,434 | 96,684 | ||
| Grants to individuals | 1,000 | 1,000 | |||
| Administrative expenses |
102 | 102 | |||
| 2021Total funds | 44,352 | 53,434 | 97,786 | ||
| 5. | INVESTMENTS | ||||
| 2022 | 2021 | ||||
| Market value at 1 July | 2,782,155 | 2,450,085 | |||
| Purchases in the year |
100,000 | ||||
| Net investment (losses)/gains |
(137,442) | 332,070 | |||
| Market value at 30June | 2,744,713 | 2,782,155 | |||
| Historical cost at 30June | 1,656,635 | 1,556,635 | |||
| The investment holding at 30June comprised |
the following: | ||||
| Managed investments COIF —87,760 income units (2021:87,760 units) |
1,625,976 | 1,688,839 | |||
| SUTL Cazenove Charity Multi Asset Fund —1,870,515income units income units) |
(2021:1,870,515 | 1,023,172 | 1,093,316 | ||
| Sarasin Endowments Fund —83,682 Class A |
income units (2021:nil) | 95,565 | |||
| 2,744,713 | 2,782, 155 |
| 6. | DEBTORS | 2022 | 2021 | |||
|---|---|---|---|---|---|---|
| Contributions from Queen Anne's |
School | 25,000 | 25,000 | |||
| 25,000 | 25,000 | |||||
| 7. | CREDITORS: Amounts | falling due within one year | 2022 | 2021 | ||
| Sundry creditors | 7,939 | 7,189 | ||||
| 7,939 | 7,189 | |||||
| 8. | AMOUNTS HELD AS AGENT | 2022 | 2021 | |||
| Invested on behalf of |
Queen Anne's School in respect of: | |||||
| The Stallard Legacy | 61 | |||||
| The following were held | on behalf ofthe Queen Anne's School: | |||||
| School Music Fund | 705 | 9,259 | ||||
| General Development | Fund | 27,120 | ||||
| The Winterton Fund |
26,000 | 26,000 | ||||
| Queen Anne's School | Sports Fund | 134,315 | ||||
| School Entrance Fund | 100 | |||||
| 26,705 | 196,855 |
| As at | As at | |||||||
|---|---|---|---|---|---|---|---|---|
| 1July | Losses on | 30June | ||||||
| 2021 | Transfers | Income | Expenditure | investments | 2022 | |||
| Unrestricted fund |
||||||||
| ~ | General fund | 1,782,466 | 77,903 | (50,710) | (82,584) | 1,727,075 | ||
| Restricted funds | ||||||||
| ~ | Red Cloak Fund | 1,141,785 | 49,999 | (77,517) | (51,787) | 1,062,480 | ||
| ~ | White fund | 31,687 | 905 | (1,378) | 31,214 | |||
| ~ | Dr Ceril Jones Fund | 35,442 | 1,107 | (1,000) | (1,693) | 33,856 | ||
| Permanent endowment |
fund | 5 | 5 | |||||
| 2,991,385 | 129,914 | (129,227) | (137,442) | 2,854,630 | ||||
| As at | As at | |||||||
| 1July | Gains on | 30June | ||||||
| 2020 | Transfers | Income | Expenditure | investments | 2021 | |||
| Unrestricted fund |
||||||||
| ~ | General fund | 1,534,834 | 95,537 | (44,352) | 196,447 | 1,782,466 | ||
| Restricted funds | ||||||||
| ~ | Red Cloak Fund | 956,714 | 108,648 | (51,684) | 128,107 | 1,141,785 | ||
| ~ | White fund | 28,162 | 882 | (750) | 3,393 | 31,687 | ||
| ~ | Dr Ceril Jones Fund | 31,240 | 1,079 | (1,000) | 4,123 | 35,442 | ||
| Permanent endowment |
fund | 5 | 5 | |||||
| 2,550,955 | 206,146 | (97,786) | 332,070 | 2,991,385 |
| Fixed | Current | |||
|---|---|---|---|---|
| Assets | Assets | Net assets | ||
| Current year analysis: | ||||
| Unrestricted fund |
||||
| ~ General fund |
1,660,513 | 66,562 | 1,727,075 | |
| Restricted funds | ||||
| ~ Red Cloak Fund |
1,023,984 | 38,496 | 1,062,480 | |
| ~ White Fund |
27,155 | 4,059 | 31,214 | |
| ~ Dr Ceril Jones Fund |
33,061 | 795 | 33,856 | |
| Permanent endowment |
fund | 5 | 5 | |
| 2,744,713 | 109,917 | 2,854,630 | ||
| Fixed | Current | |||
| Assets | Assets | Net assets | ||
| Prior year analysis: | ||||
| Unrestricted fund |
||||
| ~ General fund |
1,643,097 | 139,369 | 1,782,466 | |
| Restricted funds | ||||
| ~ Red Cloak Fund |
1,075,770 | 66,015 | 1,141,785 | |
| ~ White Fund |
28,534 | 3,153 | 31,687 | |
| ~ Dr Ceril Jones Fund |
34,754 | 688 | 35,442 | |
| Permanent endowment |
fund | 5 | 5 | |
| 2,782,155 | 209,230 | 2,991,385 |
| 12. COMPARATIVE STA |
TEMEN | T OF | FINANCIAL | ACTIVITIES | |||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Permanent | Total | ||||
| funds | funds | Endowment | 2021 | ||||
| Fund | |||||||
| Note | |||||||
| Income from: | |||||||
| Donations | 45,096 | 72,389 | 117,485 | ||||
| Investme»ts | 50,410 | 35,162 | 85,572 | ||||
| Othe& | 31 | 3,058 | 3,089 | ||||
| Total income | 95,537 | 110,609 | 206,146 | ||||
| Expenditure on: |
|||||||
| Charitable activities |
44,352 | 53,434 | 97,786 | ||||
| Total expenditure | 44,352 | 53,434 | 97,786 | ||||
| Net income before gains on | 51,185 | 57,175 | 108,360 | ||||
| investments | |||||||
| Net gains on inveshnents | 196,447 | 135,623 | 332,070 | ||||
| Net income and net movement | in | 247,632 | 192,798 | 440,430 | |||
| funds | |||||||
| Balances brought forward at 1 July | 1,534,834 | 1,016,116 | 5 | 2,550,955 | |||
| Balances carried forward at 30June | 1,782,466 | 1,208,914 | 5 | 2,991,385 |