| Page | |
|---|---|
| TRUSTEES' ANNUAL REPORT | 2-5 |
| INDEPENDENT EXAMINERS REPORT | |
| RECEIPTS AND PAYMENTS ACCOUNT | |
| STATEMENT OFASSETSAND LIABILITIES | |
| NOTES TO THE FINANCIAL STATEMENTS | 9-10 |
| FORTH | E YEAR E | NDED 5A | PRIL 2023 | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Last | |||
| Funds | funds | funds | funds | Year | |||
| Receipts | |||||||
| Income from Investments | 9,453 | 9,453 | 4,900 | ||||
| Rents, wayleaves | and | keep | 1,707 | 1,707 | 1,202 | ||
| Bank and investment | interest | 17,151 | 17,151 | 14,593 | |||
| Donations and Gift Aid |
25,300 | 25,300 | 145,000 | ||||
| 53,611 | 0 | 53,611 | 165,695 | ||||
| Investment sales |
0 | 3,706 | 3,706 | 115,902 | |||
| Total receipts | 53,611 | 3,706 | 57,317 | 281,597 | |||
| Payments | |||||||
| Clerks salary | 3,549 | 0 | 3,549 | 6,560 | |||
| Administration | 470 | 2,092 | 2,562 | 8,380 | |||
| Chant awards | 2,400 | 2,400 | 0 | ||||
| Speech Day, Founders | Day and | ||||||
| Meeting expenses | 126 | 126 | 0 | ||||
| Grants to scholars | 3,614 | 3,614 | 5,141 | ||||
| Grants to school | 116 | 116 | 5,531 | ||||
| Fletcher awards | 750 | 750 | 600 | ||||
| Headteacher's reserve |
0 | 0 | 1,750 | ||||
| Independent examiners |
report | 924 | 924 | 840 | |||
| Sports Award | 814 | 814 | 0 | ||||
| 12,763 | 2,092 | 14,855 | 28,802 | ||||
| Investr | tent purchases |
0 | 0 | 0 | |||
| Total payments | 12,763 | 2,092 | 14,855 | 282,328 | |||
| Net receipts /(payments) | 40,848 | 1,614 | 42,462 | (731) | |||
| Transfers between |
funds | ||||||
| 1,614 | (1,614) | 0 | 0 | ||||
| Cash funds, last year end | 16,818 | 0 | 16,818 | 17,549 | |||
| Cash funds this year end | 59,280 | 0 | 59,280 | 16,818 |
| Note | Unrestricted | Restricted | Endowment | Total this | Total last | ||
|---|---|---|---|---|---|---|---|
| funds | income funds | funds | year | Year | |||
| Cash funds | |||||||
| Cash at Lloyds Bank | 58,129 | 58,129 | 16,818 | ||||
| 58 129 | 58,129 | 16818 | |||||
| Investment | assets | ||||||
| Land and investments | 1. | 513 | 783,572 | 784,085 | 765,570 | ||
| Other assets | |||||||
| Rents due | |||||||
| Liabilities | |||||||
| Creditors and | 2,041 | 2,04] | 900 | ||||
| accruals | |||||||
| Net assets | f,840,173 | f781,488 |
| 1. | LAND AND IN | VESTMENT | S | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Holdings | Cost | Additions | (Disposals) | Gains | / | Cost | Market | Est. net | ||
| b/fwd | /reinvest- | (losses) | c/fwd | value | income | |||||
| ments | for year | |||||||||
| Fixed interest | ||||||||||
| Units | ||||||||||
| Diversified | Bond | 163,992 | 156,825 | (109) | 156,716 | 119,944 | 5,985 | |||
| Corporate Bond | 105,782 | 117,621 | (141) | 117,480 | 96,514 | 5,222 | ||||
| International | Corporate Bond | 122,794 | 117,618 | (205) | 117,413 | 90,598 | 5,857 | |||
| 392,064 | 0 | (455) | 0 | 391,609 | 307,056 | 17,064 | ||||
| ~Euities | ||||||||||
| Shares | ||||||||||
| UK Equity | Income Unit Trust | 59,787 | 78,416 | (67) | 78,349 | 78,380 | 3,917 | |||
| Global Value Income | 40,211 | 64,097 | 164 | 64,261 | 98,759 | 748 | ||||
| Worldwide | Income | 79,688 | 78,426 | 77 | 78,503 | 100,407 | 1,966 | |||
| UK Class UT Inc | 14,395 | 138,248 | 2691 | 16,042 | 156,981 | 131,583 | 2,690 | |||
| Global Equity UT | 5,843 | 14,319 | 63 | 14,382 | 13,439 | 132 | ||||
| 373 506 | 0 | 2 928 | 16042 | 392476 | 422,568 | 9453 | ||||
| 2023 Totals | 765,570 | 0 | 2,473 | 16,042 | 784,085 | 729,624 | 26,517 | |||
| 2022 Comparatives | 640,916 | 143,550 | 2,854 | 16,042 | 765570 | 788864 | 19,390 |
| Balance | Gain/(loss) | on | Movements | Balance | |||
|---|---|---|---|---|---|---|---|
| b/fwd | investments | in year | c/fwd | ||||
| ENDOWMENT | FUNDS | ||||||
| ~ca ital Fund | 754,983 | 16,042 | 2,473 | 773,498 | |||
| Other Funds | |||||||
| - Sports Challenge | Award | 6,410 | 6,410 | ||||
| -Freame Prize | 29 | 29 | |||||
| -Megson Memorial | 500 | 500 | |||||
| -Fletcher Award | 484 | 484 | |||||
| -Elphick Prize | 87 | 87 | |||||
| -G Jones Memorial | 2,564 | 2,564 | |||||
| -Megson Income | Fund | 513 | 513 | ||||
| 10,587 | 10,587 | ||||||
| UNRESTRICTED | FUNDS | ||||||
| Income Fund | 15,918 | 40,421 | 56,339 | ||||
| 15,918 | 40 421 | 56,339 | |||||
| TOTAL FUNDS | f,781,488 | 16,042 | 42 894 | 840424 |