2023-03-31-accounts - The Ethelston And Bestic School Foundation

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INCOMING	RESOURCES	Unrestricted	Restricted	Total Funds	Total Funds
		funds	income funds	2023	2022
Donations	and legacies	205		205	90
Investments		8,113		8,113	6,970
Separate material item of			606,575	606,575
income
Total		8,318	606,575	614,893	7,060
RESOURCES EXPENDED
Charitable	activities	2,546		2,546	8,334
Total		2,546		2,546	8,334
Net income before		5,772	606,575	612,347	(1,274)
investment	gains/(losses)
Net (losses)/gains on		(9,832)		(9,832)	24,236
investments
Net movement in funds		(4,060)	606,575	602,515	22,962
Reconciliation offunds
Total funds	brought forward	542,585		542,585	519,623
Total funds	carried forward	538,525	606,575	1,145,100	542,585

alance Sheet 1March 2023
		Unrestricted	Restricted	Total 2023	Total 2022
		funds	income funds
Fixed assets
Tangible assets		229,792		229,792	229,792
Investments		274,981		274,981	284,813
Total fixed assets		504,773		504,773	514,605
Current assets
Debtors		1,509		1,509	618
Cash at bank and in hand		32,243	606,575	638,818	27,362
Total current assets		33,752	606,575	640,327	27,980
Creditors due within	I year
Net current assets		33,752	606,575	640,327	27,980
Total asset less current		538,525	606,575	1,145,100	542,585
liabilities
Creditors due after 1year
Total net assets		538,525	606,575	1,145,100	542,585
FUNDS OF THE CHARITY
Restricted income funds			606,575	606,575
Unrestricted funds		538,525		538,525	542,585
Total funds		538,525	606,575	1,145,100	542,585

						Year to 31.3.2023	Year to 31.3.2022
Incoming resources
Income from investments						8,113	6,970
Donations						205	90
Grant received —Abbeyfield (Lyme Regis and District) Society Ltd given on the
condition that it is used		for the initial	stages	of the	new school development.	606,575
Total incoming resources						614,893	7,060
Resources expended
Website							588
Video							4,500
Expenses, travel etc						416	276
Site maintenance 8 Neil		Pullinger memorial		garden		1,658	240
Legal fees —re Village	Hall agreement						2,275
Insurance						472	455
Total expenditure						2,546	8,334
Excess of incoming resources over resources expended.						612,347	(1,274)
Bank balances as at 1 April 2022						27,980	44,779
						640,327	43,505
Less expenditure on new school site							15,525
Bank balances and COIF deposit as			at 31st	March	2023	F640,327	F27,980
DETAILED BALANCE		SHEET AT 31st MARCH 2023
						31.3.2023	31.3.2022
607 COIF Charity Fund		Accumulation	Units			F139,107	F140,133
85 COIF Charity Fund	Income Units					R1,591	R1,653
9,054 M &G Charifund		Income Units				F134,283	2143,027
						F274,981	F284,813
Cash funds
Term Deposit Funds						F550,000
COIF Deposit Fund						F811	F739
Lloyds Bank balances	—Current Account					286,967	F25,582
	-	Cheque Account				F500	F501
	-	Online Account				2500	f500
Cash balance						240	240
Accrued income M&G						R1,448	R1,418
Accrued income / (expense)						F61	R(800)
						F640,327	F27,980
Other assets
New school site development costs (analysis				on page 6)		F229,792	F229,792
Total assets						R1,145,100	2542,585
Reserves
Accumulated general	funds at 31st March 2022					2542,585	F519,623
						F542,585	F519,623
(Decrease)/Increase in value of investments				during	the period	R(9,832)	F24,236
- Surplus/Deficit for the		year				2612,347	R 1,274
						F1,145,100	F542,585

4. New School site	co	sts
															31.3.2023	31.3.2022
Outline PP
Consultants															41219	41219
Planning fees															2980	2980
Architect															5760	5760
Miscellaneous															1326	1326
															51285	51285
Legal fees
Guinness Trust															1200	1200
Village Hall															1260	1260
Masters															3650	3650
Searches															220	220
Contract															8435	8435
Land Registry/ Charity		Commission													1290	1290
Valuation															500	500
															16555	16555
Land															95000	95000
Fencing															319	319
Vat reclaimed															(6748)	(6748)
															156411	156411
Planning renewal
Planning fees															3080	3080
Consultants updates															1980	1980
Devon Wildlife															672	672
															5732	5732
Reserved Matters Application
2019-2022															67,649
Flood risk consultancy		Pre-app				(AWP)										1000
Design consultation	8 preparation						of	planning		drawings		(Net Zero	Buildings)			6500
Management 8 delivery		of		Reserved				Matters Application				(Net Zero Buildings)				5000
Flood risk and drainage		technical consultancy,								swept path analysis			and extern		al materials
(AWP)																5500
Landscaping design	(Gyles			Morris)												1248
Environment Agency	Pre-app				fee											700
Pre-app flood risk consultancy						(AWP)										2000
Survey update (Benchmark)																280
Flood modelling consultancy					(JBA)											6550
New topographic survey (Benchmark)																1010
Reserved Matters Application						8 planning			fees	(Net Zero		Buildings)				2837
Post application transport			& highways					work for alternative				access	(AWP)			1850
Environment Agency	flood			modelling				review								550
Further landscaping	development						(Barker)									3800
Planting schemes (Jenny			Short)													1090
Environment Agency	final		review													200
Additional design work		to	incorporate					new topographic			survey results			(AWP)		8500
Highways consultation		(AWP)														850
Retaining wall Masters		Close			technical				drawings							600
Non material amendment			application					(JBA)								459
Landscape consultation		and design (JBA)														1600
CIF																12000
Reports on school building				etc												3525
															67649	67,649
Total costs to date															229792	229,792