2022-07-31-accounts

	Page
ReferenceandadministrativedetailsoftheCharity,itsTrusteesandadvisers
Trustees’report
Independentauditor'sreportonthefinancialstatements
Statementoffinancialactivities	10
Balancesheet	11
Statementofcashflows	12
Notestothefinancialstatements	13 -21

HEADINGTON SCHOOL OXFORD LIMITED GENERAL CHARITABLE TRUST

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF HEADINGTON SCHOOL OXFORD LIMITED GENERAL CHARITABLE TRUST (CONTINUED)

I

These inherent limitations are particularly significant in the case of misstatement resulting from fraud as this may involve sophisticated schemes designed to avoid detection, including deliberate failure to record transactions, collusion or the provision of intentional misrepresentations.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.orq.ukauditorsresponsibilities. This description forms part of our Auditor's report.

Use of our report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its trustees, as a body, for our audit work, for this report, or for the opinions we have formed.

Crowe U.K. LLP Statutory Auditor Fourth Ftloor St James House St James Square Cheltenham GLSO 3PR

Date: 02 March 2023

Crowe U.K. LLP are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.

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HEADINGTON	HEADINGTON	SCHOOLOXFORDLIMITED	SCHOOLOXFORDLIMITED	GENERALCHARITABLETRUST	GENERALCHARITABLETRUST	GENERALCHARITABLETRUST	GENERALCHARITABLETRUST
		STATEMENTOFFINANCIAL			ACTIVITIES
		FORTHEYEARENDED		31JULY		2022
		Unrestricted	Restricted		Endowment		Total	Total
		funds	funds			funds	funds	funds
		2022	2022			2022	2022	2021
	Note	£		£		£	£	£
Incomefrom:
Investments	4	64,362	22,959			=	87,321	67,170
Totalincome		64,362	22,959			.	87,321	67,170
Expenditureon:
Raisingfunds:	5
Financingcosts		11	-			-	11	69
Investment
management		17,086	6,104			-	23,190	20,402
Charitableactivities	6	74,642	17,000			-	91,642	73,420
Totalexpenditure		91,739	23,104			-	114,843	93,891
Netexpenditure
beforenet
(losses)/gainson
investments		(27,377)	(145)			-	(27,522)	(26,721)
Net(losses)/gainson
investments		(106,403)	(38,086)			-	(144,489)	511,725
Netmovementin
funds		(133,780)	(38,231)			-	(172,011)	485,004
Reconciliationof
funds:
Totalfundsbrought
forward		2,411,464	869,037			5	3,280,506	2,795,502
Netmovementinfunds		(133,780)	(38,231)			-	(172,011)	485,004
Totalfundscarried
forward		2,277,684	830,806			5	3,108,495	3,280,506
Thenotesonpages13to21formpartofthesefinancialstatements.

	BALANCESHEET	BALANCESHEET
	ASAT31	JULY2022
		2022	2021
	Note
Fixedassets
Investments	9	3,109,907	3,277,773
		3,109,907	3,277,773
Currentassets
Cashatbankandinhand		7,798	11,910
		7,798	11,910
Creditors:amountsfallingduewithinone year	10	(9,210)	(9,177)
Netcurrent(liabilities)/assets		(1,412)	2,733
Totalnetassets		3,108,495	3,280,506
Charityfunds
Endowmentfunds	12	5	5
Restrictedfunds	12	830,806	869,037
Unrestrictedfunds	12	2,277,684	2,411,464
Totalfunds		3,108,495	3,280,506
Thefinancialstatementswereapprovedandauthorised		forissueby theTrusteesandsignedontheirbehalfby:
be
MrRCouzens
Trustee Date:24/2/23

		2022	2021
	Note	£	£
Cashflowsfromoperatingactivities
Netcashusedinoperatingactivities	14	(67,182)	(67,647)
Cashflowsfrom investingactivities
Incomefrominvestments		87,321	67,170
Proceedsfromsaleofinvestments		-	3,383,376
Purchaseofinvestments		(1,054)	(3,482,398)
Netcashprovidedby/(usedin)investingactivities		86,267	(31,852)
Cashflowsfromfinancingactivities
Financecostspaid		(11)	(69)
Investmentmanagementcharges		(23,190)	(20,402)
Netcashusedinfinancingactivities		(23,201)	(20,471)
Changeincashandcashequivalentsintheyear		(4,116)	(119,970)
Cashandcashequivalentsatthebeginningoftheyear		11,914	131,884
Cashandcashequivalentsattheendoftheyear	15	7,798	11,914
Thenotesonpages13to21formpartofthesefinancialstatements

		HEADINGTONSCHOOLOXFORDLIMITEDGENERALCHARITABLETRUST	HEADINGTONSCHOOLOXFORDLIMITEDGENERALCHARITABLETRUST	HEADINGTONSCHOOLOXFORDLIMITEDGENERALCHARITABLETRUST	HEADINGTONSCHOOLOXFORDLIMITEDGENERALCHARITABLETRUST
			NOTESTOTHE	FINANCIALSTATEMENTS
			FORTHEYEARENDED31JULY2022
	Fixedassetinvestments
					Otherfixed
				Listed	asset
				investments	investments		Total
				£	£		£
	Clostorvaluation
	At1August2021			3,277,769	4	3,277,773
	Additions			1,054	-		1,054
	Revaluations			(168,916)	-		(168,916)
	Movementincashdeposits			-	(4)		(4)
	At31July	2022		3,109,907	-	3,109,907
	Netbook	value
	At31July	2022		3,109,907	«	3,109,907
	At31July	2021		3,277,769	4	3,277,773
	Managementfeesweredeductedfromthecashgeneratedintheportfolioof£24,427-this differencebetweenthelossesshownhereandthelosseswithintheSOFA.					explainsthe
10.	Creditors:	Amountsfallingduewithinoneyear
					2022		2021
					£		£
	Accruals				9,210		9,177
11.	Financial	instruments
					2022		2021
					£		£
	Financial	assets
	Financial	assetsmeasured	atfairvaluethroughincomeandexpenditure		3,109,907	3,277,773
	Financialassetsmeasured investments.		at fairvalue	throughincomeandexpenditurecomprise		assets	held as
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						4
	HEADINGTON	SCHOOLOXFORD		LIMITEDGENERALCHARITABLETRUST
		NOTESTO	THEFINANCIALSTATEMENTS
		FORTHEYEAR		ENDED31JULY	2022
12.	Statementoffunds(continued)
	Statementoffunds-prioryear
		Balanceat
			1August			Gains/	_Balanceat
			2020	Income	Expenditure	(Losses)	31July2021
			£	£	£	£	£
	Unrestrictedfunds
	DesignatedFund	2,067,661		49,269	(88,490)	383,024	2,411,464
	Endowmentfunds
	EndowmentFund		5	-	-	-	5
	Restrictedfunds
	RestrictedFund		727,836	17,901	(5,401)	128,701	869,037
	Totaloffunds	2,795,502		67,170	(93,891)	511,725	3,280,506
13.	Analysisofnetassetsbetweenfunds
	Analysisofnetassetsbetweenfunds		-current	year
				Unrestricted	Restricted	Endowment	Total
				funds	funds	funds	funds
				2022	2022	2022	2022
				£	£	£	£
	Fixedassetinvestments			2,290,784	819,123	-	3,109,907
	Currentassets			(5,357)	13,150	5	7,798
	Creditorsduewithinone	year		(7,743)	(1,467)	-	(9,210)
	Total			2,277684	830,806	5	3,108,495

	HEADINGTON	SCHOOLOXFORDLIMITEDGENERALCHARITABLETRUST	SCHOOLOXFORDLIMITEDGENERALCHARITABLETRUST	SCHOOLOXFORDLIMITEDGENERALCHARITABLETRUST
		NOTESTOTHEFINANCIALSTATEMENTS
			FORTHEYEARENDED31JULY2022
13.	Analysisofnetassetsbetweenfunds(continued)
	Analysisofnetassetsbetweenfunds-prioryear
			Unrestricted	Endowment	Total
				funds	funds
				2021	2021
				£	£
	Fixedassetinvestments			-	3,277,773
	Currentassets			§	11,910
	Creditorsduewithinone	year		-	(9,177)
	Total			5	3,280,506
14.	Reconciliationofnetmovementinfundstonetcashflowfromoperating			activitiés
				2022	2021
				£	£
	Netincome/(expenditure)	for	theyear(asperStatementofFinancial
	Activities)			(172,011)	485,004
	Adjustmentsfor:
	(Gains)/lossesoninvestments			168,916	(511,725)
	Incomefrominvestments			(87,321)	(67,170)
	Increaseincreditors			33	5,773
	Financecosts			11	69
	Investmentmanagement	charges		23,190	20,402
	Netcashusedinoperating		activities	(67,182)	(67,647)
15.	Analysisofcashandcash	equivalents
				2022	2021
				£	£
	Cashatbankandinhand			7,798	11,910
	Cashheldininvestments			-	4
	Totalcashandcashequivalents			7,798	11,914