Boyle’s Educational Foundation Yetminster Reg. Charity No. 306273
May 2022
Trustees Annual Report for the year 1[st] January2021 to 31[st] December 2021
During the last year 2021 the Foundation allotted grants totalling £21,600 of which £15000 was given to Our Local Primary School (St Andrews) towards the conversion of an existing building into a Science Room and also we gave out £6,600 to individual applicants.
A decision was made by the Foundation to sell a small plot of land to the owner of a house which had been built on land previously owned by us at £10,000 and this enabled us to finance the local schools project.
The Foundation is currently in a comfortable position, financially secure and set to carry on supporting local education as per our remit
Malcolm Wills (Chairman)
For and on behalf of Boyles Educational Foundation
BOYLES EDUCATIONAL FOUNDATION
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2021
| 2021 | ||
|---|---|---|
| INCOME | ||
| Rent Received | 18,935.87 | |
| Dorset County Council - Footpath Grant | 61.00 | |
| Investment Income | 3,944.36 | |
| Gross Interest - Select Instant Access | 22.41 | |
| 22,963.64 | ||
| EXPENDITURE | ||
| Insurance | 4,672.00 | |
| Electricity | 44.57 | |
| Property Repairs | 4,982.28 | |
| Secretarial Fees | 500.00 | |
| GRANTS | ||
| Sherborne Area Schools Trust | 15,000.00 | |
| Student Grants | 6,600.00 | |
| 31,798.85 | ||
| NET (DEFICIT) FOR THE YEAR | £ (8,835.21) |
BOYLES EDUCATIONAL FOUNDATION
BALANCE SHEET AS AT 31 DECEMBER 2021
2021
CURRENT ASSETS
CoOp Community Directplus Account 11,578.00 CoOp Business Select Instant Access Account 50,328.51 CCLA Investment - at cost 100,000.00 161,906.51 CURRENT LIABILITIES - NET CURRENT ASSETS 161,906.51 £ 161,906.51 REPRESENTED BY - ACCUMULATED FUND Balance as at 1 January 2021 160,868.72 Proceeds from Sale of Land (Net) 9,873.00 Net (Deficit) for the year (8,835.21) Balance as at 31 December 2021 £ 161,906.51
May 2022
Chairman
BOYLES EDUCATIONAL FOUNDATION
Independent examiner's report to the Trustee's of Boyles Educational Foundation
I report on the accounts of the Trust for the year ended 31 December 2021, which are set out o and 2.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the and that the independent examination is needed.
It is my responsibility to :
-
examine the accounts under section 145 of the 2011 Act;
-
to follow the procedures laid down in the general Directions given by the Charity Commiss
-
section 145(5)(b) of the 2011 Act; and
-
to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by th Commission. An examination includes a review of the accounting records kept by the char comparison of the accounts presented with those records. It also includes consideration of an items or disclosures in the accounts, and seeking explanations from you the trustees concerning matters. The procedures undertaken do not provide all the evidence that would be required in and consequently no opinion is given as to whether the accounts present a 'true and fair view report is limited to those matters set out in the statement below.
Independent examiner's statement
I have completed my examination and I confirm that no material matters have come to my at connection with the examination which gives me cause to believe that in, any material respect -
-
the accounting records were not kept in accordance with section 130 of the 2011 Charities Act
-
the accounts did not accord with the accounting records; or
· the accounts did not comply with the applicable requirements concerning the form and c accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any req that the accounts give a 'true and fair' view which is not a matter considered as part of an ind examination.
I have no concerns and have come across no other matters in connection with the examination attention should be drawn in this report on order to enable a proper understanding of the accou reached.
Colin Charles House FMAAT MATT
2 Dewlands Orchard Leigh, Sherborne, Dorset. DT9 6HJ 4 May 2022
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Boyles Trust Income year ended 31 December 2021
| J F M A M J J A S O N D |
School School Boyles House House Field High - High - Symonds & Symonds & Ripley EE Sampson Sampson 850.00 41.66 850.00 200.00 41.66 850.00 200.00 41.66 850.00 200.00 41.66 850.00 200.00 41.66 850.00 200.00 41.66 700.00 41.16 724.30 200.00 41.16 850.00 41.16 754.00 200.00 44.71 700.00 44.71 700.00 44.71 |
The Old Yard Boyles Coif Coif Transfer School Licence Footpath Char Char from Room Invest Global Savings S Hedin S Hedin 258.00 362.50 258.00 362.50 464.94 513.67 258.00 362.50 258.00 362.50 258.00 362.50 472.10 513.67 258.00 362.50 5,000.00 258.00 362.50 258.00 362.50 472.10 513.67 258.00 376.00 258.00 376.00 60.00 258.00 376.00 1.00 483.55 510.66 258.00 376.00 |
The Old Yard Boyles Coif Coif Transfer School Licence Footpath Char Char from Room Invest Global Savings S Hedin S Hedin 258.00 362.50 258.00 362.50 464.94 513.67 258.00 362.50 258.00 362.50 258.00 362.50 472.10 513.67 258.00 362.50 5,000.00 258.00 362.50 258.00 362.50 472.10 513.67 258.00 376.00 258.00 376.00 60.00 258.00 376.00 1.00 483.55 510.66 258.00 376.00 |
|---|---|---|---|
| 9,528.30 1,400.00 507.57 Bank Community Directplus Account Balance at 1 January 2021 Income Expenses Balance at 31 December 2021 |
3,096.00 4,404.00 60.00 1.00 1,892.69 2,051.67 5,000.00 Bank Business Select Instant Access Account 15,562.62 Balance at 1 January 2021 45,306.10 37,941.23 Income - Interest 6.90 41,925.85 Expenses 11,578.00 Balance at 31 December 2021 53,503.85 53,503.85 45,313.00 |
||
| 45,313.00 |
Maclachlan Solicitors
10,000.00
10,000.00
37,941.23
5,000.00
40,313.00
45,313.00
Boyles Trust Expenses year ended 31 December 2021
| J F M A M J J A S O N D |
NFU NFU Rowan Mutual Mutual Cottage Ins Ins Boyles Educational 108.73 280.42 108.73 280.42 108.73 280.42 108.73 280.42 108.73 280.42 108.73 280.42 108.73 280.42 272.03 10,000.00 235.20 271.98 117.60 271.98 117.60 271.98 117.60 271.98 |
Cheques 205.08 210.00 44.57 60.00 3,991.20 15,000.00 250.00 216.00 600.00 600.00 600.00 600.00 600.00 600.00 600.00 600.00 600.00 600.00 127.00 600.00 300.00 250.00 |
|---|---|---|
| 1,349.11 3,322.89 - 10,000.00 - 41,925.85 |
||
| 27,253.85 |
Q200067 Q200069 Q200070 Q200071 Q200072 Q200073 Q200074 Q200075 Q200082 Q200077 Q200084 Q200086 Q200079 Q200081 Q200085 Q200083 Q200078 Q200087 Q200088 Q200080 Q200089 Q200090
BOYLES EDUCATIONAL FOUNDATION
.
Independent examiner's report to the Trustee's of Boyles Educational Foundation
I report on the accounts of the Trust for the year ended 31 December 2021, which are set out on pages 1 and 2 of the separate file “Boyles Trust Final 2021 Accounts and examiner's report.xls”.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that the independent examination is needed.
It is my responsibility to :
- examine the accounts under section 145 of the 2011 Act;
· to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
I have completed my examination and I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect -
-
the accounting records were not kept in accordance with section 130 of the 2011 Charities Act; or
-
the accounts did not accord with the accounting records; or
· the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report on order to enable a proper understanding of the accounts to be reached.
Colin Charles House FMAAT MATT 2 Dewlands Orchard Leigh, Sherborne, Dorset. DT9 6HJ 4 May 2022