Charities Administered ICW Langley Park School for Boys Annual Report and Financial statements 31 August 2020 hatity Regithtion Number307802
Contsnts Reports Reference and administrative information Trustees. report Independ8nt examiner's report Financial statements Receipts and Payments Account statement of assets and liabilities Principal accounting pollcies Charities Administered ICW LPSB
Rerence and admlnlstrative Inforniatlon Trusto0$ Mr Steve Parsons- Headtea(l)er Mr Richard Guy- Deputy Headleach8r Mr Graham Winter- Assistant Headleacher (Resigned 16 October 2020) Mr Mark Ridley- Deputy Headleacher (Appointed 16 October 20201 Registered address Langley Park School for Boys Hawksbrook Lane South Eden Park R08d Beckenham Kent BR3 3BP Charity Tegistration number 307802 Independent 8xamln•r 8uzzacott LLP 730 Wood Street London EC2V 6DL Bankers Natwest Bank 135 Bishopsgate London EC2M 3UR Charities Administered ICW LPSB 1
Trustees. report 31 August 2020 The truste8s of Charities Admlnlstered ICW Langley Park School for Boy6 Ilhe Charity} present their annual report together with the financial slalements and the independent examinerfs report of the Charity for the year to 31 August 2020. The financial slalements have been prepared in 8¢cordance with the accounting policies sel out on page 8 of the attachod financial statements and are presented on a receipts and payments basis. STRUCTURE. GOVERNANCE AND MANAGEMENT Constitution The charity is constituted by a Trust Deed dated 8 March 1989 to advance the education of the pupils of Langley Park School for Boys by providing or assisting in the provision of educational, recreational and other charitable facilities not nomially provided bythe Education Skills Funding Agency. The charity was registere(f with the Charity Commission on 4 December 1962 (Charity Number 307802). The twstees are responsible for taking all strdlegic and investment decisions and for monitoring the implementation thereof. In setting the charilYs objectives, the trustees have given careful consideration to the Chartty Commission's general guidance on PLsblic benefrt. The trustees are satisfied that the charitys activities have been for the public benefit. Trustees The trustees serving during the period were as follows.. Mrs Parsons • MrRGuy Mr G Winter {Resigned 16 October 2020) Mr Mark Ridley {Appointed 16 October 20201 Risk assessment The trustees have considered the major risks to which thè charity is exposed and appropriate systems are in Pla to manage these. Charities Administered ICW LPSB 2
Trustees. report 31 August 2020 STRUCTURE. GOVERNANCE AND MANAGEMENT {continued) Achlevements. Perfom)an¢e and Flnanclal Review The charity reiVeS donations from the parents of pupils al the School together with income in respect of the following memorial funds invested in Charities Offici81 Investment Fund Incomg Units.. • The Beckenham Secondary School Old Bo¥s War Memorial Fund • The John Pear Memorial Fund In the year. the charf(y made no cash transfers {2019.' £42,935) to the Langley Park School for Boys to support the pupils in extracurriwlar activities, prize giving and towards running the minibuses which are used fortsking the pupils to Sports fixtures, trips etc. The activities which the charity fundraising supports were significantly impacted by the Coronaviws pandemic with many activities postponed or (ancelled. The reserves and memorial fvnds are shown in the attached financial ststemenls. The attached Statement of assets and liabilities shows the current state of the finances which the trustees consider to be sound. Balances of £72,875 {2019.. £10,305) have been accumulated al 31 August 2020. Trustgos. Responslbllltlas The law applicable lo Charities in England and Wales required the trustees to prapare financial ststements for each financial year which give a true and fair view of the stste of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing those finanaal statements. the trustees are required lo.. select suitable accounting policies and then apply them consistently. make judgements and estimates that are reasonable and PTudent- • prepare the financial statements on the going concem basis unless it is inappropriat8 to presume that the charity wll continue to operate. The trustees are responsible for keeping proper accounting records which disclose with reasonable accurdcy at any lime the financial position of the chaTtty and to enable them to ensure Ihatthe financial ststements complywith the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions ofthe Trust Deed. They're also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The financial statements are prepared on a receipts and payments b8SIS. Rasorvas policy The trustees. pollcy Is to retain funds to meet fLrture activities of the charity with any 8x¢e$s funds remitted to lh8 School. The funds al 31 August 2020 were in excess of this level, as funds raised during the year had not yet been transferred lo the School. Charities Administered ICW LPSB 3
Trustees, report 31 August 2020 Declaration The trustees dedare that they have approved the Trustees, Report above on £1f(4 Mr S Parsons Trustee MrR Trustee Charities Administered ICW LPSB 4
Independent examiner's report 31 August 2020 Indepèndent examiner's report to the trustaes of Charitles Admlnl$tsred ICW Langley Park School for Boys {"tho Charity") I report to the trustees on my examination of the accounts of the above charity (kne ChariW) for the year ended 31 August 2020. Responsibilitles and basis of the report As the charitls trustees, you are responsible for the preparation of the accounts in accordan with the requirements of the Charities A 2011 {Ihe A¢f). I report in respect of my examinatlon of the Charity's accounts carried out under section 145 of the 2011 AGI and in Carrying out my examination. I have followed all the applicable Directions given by the Charty Comrnission under section 145{5llbl of the Ad. Independent examinerfs statement I have completed my examination. l Confirm that no material matters have come to my attention which gives me cause to believe that.. + the accounting records were not kept in accordance wth sectton 130 ofthe Chaiities Act. or • the accounts do not accord with such records. I havo no concems and have come across no other matters in connectÉon with the examination lo which attentton should be drawn in this report in order to enable a proper understanding of the accounts tr) be reached. b6f32o• LLF 14.5.2021 Hugh Swainson. FCA Buzzacott LLP 130 Wood Street London EC2V 6DL Charities Administered ICW LPSB 5
Receipt and Paymonts Account Year to 31 August 2020 Total fvnds 2020 Total funds 2019 Notes Re¢elpt8 Parentsl Contributions Gift Aid Refund Dividends on COIF Investments 52.014 17.388 53 31.189 11.307 88 42,584 Paents Donations to Langley Park School for Boys INon-PublKc Funds) other 42.935 360 Surplus Ideficitl for the year Opening Bank Balan5 69.096 1.378 13511 1,729 closing Bank Balances 70,474 1.378 Charities Adminislefed ICW LPSB 6
Statement of assets and Ilabllltles as at 31 August 2020 31 August 2020 31 Augu* 2019 Amenities Fund- Bank Balances N8tIOn WgStminst8r Bank Pl¢ 70.474 1.378 Glft Ald Recoverable 6.578 Memorial Funds- Investment Assets COIF- Fixed Interest and Deposit Fund 2,401 73,875 2.349 10.305 Memorial Funds listed above consist of.. The Beckenham Secondary School Old Boy's War Memorial Fund The John Pearee Memorial Fund 1,561 1,527 822 2,349 2,401 The financial statements on page 6 10 8 were approved by the trustees. and authorisgd for issue on 2021 and are signed on their behalf by.. Mr S Parson Trustse MrRAGuy Trustee Charities Administered ICW LPSB 7
Notes to the Flnanclal Statements Year lo 31 August 2020 The principal accounting policies adopted. judgements and key sources of estimation uncertainty in the preparation of the accounts are laid out below. Basis of preparatlon These accounts have been prepared for the year tr) 31 Aug¥Jst 2020 with comparative information given in respect to the year to 31 August 2019. The accounts have been prepared under the historical Cost convention swth items recognised at cost OT transaction value unless othenlSe slated in the relevant accounting policies below or the notes to these accounts. The charity constitutes a public benefft entf(y as defined by FRS 102. The accounts are presented in steding and are rounded to the nearest pound. Basis of accounting The financial statements have been prepared on a receipts and payments basis. Value Added Taxation VAT on expenditure incurred by the charity is irrecoverable. Expenditure is therefore stated in these financial statements inclusive of VAT, where applicable. Charilles Admlnlslered ICW LPSB 8