| Unrestricted | funds | |||||
|---|---|---|---|---|---|---|
| /Votes | 2021 | 2020 | ||||
| INCOME FROM | ||||||
| Investments | ||||||
| investment Income |
10,977 | 12,152 | ||||
| Other | ||||||
| Rental income | 18,034 | 18,034 | ||||
| Total Income | 29,011 | 30,186 | ||||
| EXPENDITURE ON | ||||||
| Charitable Activities |
||||||
| Education and Arts |
25,918 | 18,591 | ||||
| Total Expenditure | 25,910 | 10491 | ||||
| NET INCOME BEFOREINVESTMENT GAINS | 3,093 | 11,595 | ||||
| Investment gain |
35,234 | 14,854 | ||||
| Revaluation ofTangible |
Assets | 20,000 | 0 | |||
| NET MOVEMENT | IN FUNDS | 58„327 | 26,449 | |||
| Fund balances at 1st September 2020 |
700,126 | 673,677 | ||||
| FUND BALANCES | AT 31stAugust 2021 | 758,453 | 700,126 |
| t income |
|||
|---|---|---|---|
| Year Ended | Year Ended | ||
| 31August2021 | 31August 2020 | ||
| Interest on cash deposits | held by The King's School | 1,966 | 2,386 |
| On listed investments | 9,011 | 9,766 | |
| 10,977 | 12,152 |
| Year Ended | Year Ended | |||
|---|---|---|---|---|
| 31August 2021 | 3l August 2020 | |||
| Trust Activity Expenditure | includes: | |||
| Cleary Art Scholarships | 8,429 | 1,342 | ||
| Cleary Travel Award | 4,700 | 0 | ||
| Building | survey | 0 | 11,752 | |
| Artists in |
Residence | 11)366 | 3,954 | |
| Building | Insurance | 523 | 419 | |
| 25,018 | 17,467 | |||
| Gmernance | Expenditure | includes: | ||
| Auditors' | remuneration | 900 | 840 | |
| Trustees | Meetings | 0 | 284 | |
| 900 | 1,124 | |||
| Total Expenditure | 25,918 | 18,591 |
| Tangible | fixed assets | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Freehold | Property | |||
| Value brought forward |
at 1st September 2020 | 225,000 | 225,000 | |
| Revalued | in year | 20,000 | 0 | |
| Value at | 31st August | 2021 | 245,000 | 225,000 |
| Investment | ||||||
|---|---|---|---|---|---|---|
| Balance 1st | 48 | Balance | ||||
| Septe mbe r | Revaluation | 31stAugust | ||||
| 2020 | Income | Expe ndlturc | gains | 2021 | ||
| S | ||||||
| General | Fund | 700,126 | 29,011 | (25,918) | 55,234 | 758,454 |
| 700,126 | 29,011 | ~25,918) | 55,234 | 758,454 | ||
| 0) Unrestricted | Funds Prior Year | |||||
| Balance 1st | Balance | |||||
| September | Investment | 31stAugust | ||||
| 2019 | Income | Expenditure | guin s | 2020 | ||
| General Fund | 673,677 | 30,186 | (18,591) | 14,854 | 100,126 | |
| 673,677 | 30,186 | (18,591) | 14,054 | 700,126 |