Mapus-smith & Lem
Chartered Accountsnts
WEST NORFOLK & KINGS LYIYN GIRLS, SCHOOL TRUST
Registered Charity Number 311264
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024

WEST NORFOLK & KINGS LYNN GIRLS, SCHOOL TRUST
Registered Charity Number 311264
CONTENTS
Page
Trustees Report
Independent Examiners Report
Income and expenditure account
Investments
Balance Sheet
Grants
Trustees responsibilities
Notes

WEST NORFOLK & KINGS LYNN GIRLS, SCHOOL TRUST
Registered Charity Number 311264
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30TH JUNE 2024
The detai15 of the Charity are as follows:.
Principal address Mrs M Aldou5 (Clerk)
Woodstock Coltage
2 S¢hool Lane
Little Dunham
King's Lynn
Norfolk
PE32 2DQ
Tru51ees
Mrs M Taylor {Chairper50nl
Dr R Rogers (Vice Chairperson)
Mrs G Boon
Councillor E Nockolds
Miss S Rawling.%
Mrs V Ling (Treasurer)
Mr T Hodkiiison
Rev C Williams
Accounlanls
Mapus-smiih & Lemmon LLP
48 King Sireel
King's Lynn
Norfolk
PE30 IHE
The Iruslccs, present their report for the financial year ended 30, June 2024.
Sirueture? govcrnancc And mAnagem¢nt
The charity is govemed by tlie Schemes of 27, Jun¢1983 artd 20, January 1987. Tlie Schemes scl out the
The charity is a ttusl consisting of 9 trusl¢es. All trustees give IhLir lime voluntarily and received no
Objc£tlv¢$ and Aclivllles
Tlie chariiy's objcctiV￿ are to...
I. Provide such special benelits of any kind not nornially provided by the local edu¢alion auiliorily for any
2. Promote the education of girls and young women resident in the area of benefit, in need of financial
In line with the above objectives, funds are held in a range of investm¢nls lo generate incom¢. Income generated
Appli¢alions are received from girls and young women in the area in relation to their education or preparation for
Any surplus funds not rcquiTed remain invested lo generate further income for the charity.

Achfftevements ind p¢rform8nee
The cliarily made grants of £34.917 in th¢ year compared to £12.690 in the previous y¢ar. Funds were
applied for new instruments, study texts and travel in pursuil of ¢du¢alion for 20 girls and young woinen
in tli¢ area.
Fin&nci41 review
As slalod in the notes to tlie accounts. it is th¢ charitys policy that unrestricted fvnds not committed or
invested in Ilie tangible fixed assets the charity holds (the unrestricted reserves) should be a minimum
of £30,000 being one year's anticipated ¢xp¢nditure. Free reserves al 30th June 2024 w¢re £156,654
(2023 £151,854), leavin&y an excess of £126,654 (2023 £121,854) Th¢ tru8tees inlend lo reduLe this
by grnnling higher levels of assistan¢¢ where appropriate.
Income from investments continues to be consistent with previous years. The cliarity has consistent
rental incom¢ of £9.100 annually (2023 £9,100)
Th¢ majority of income is fjpplicd for the PULTsose of making grants. A Small salary is paid lo the Clerk
for administrative duties and any Clerk's expcnses are reiinbursed. No significant ¢xp¢ndilure was
incutted in th¢ y¢ar.
D￿lAratIOn
Tlie Iruslees declare tlial they have approved the Iruslees. report above.
Signed on belialf of the charity's Irustees'.-
Slsniture
Chairper50n

INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS
Report to the trusteesl members of West Norfolk & Klng's Lynn Girls, Schools, Trust on accounts for the year
th
ended 30 June 2024 set out on pages 4 to 9
Respective responsibilities of trustees and examiner
The charity's tn￿teeS are responsible for the preparation of the accounts.
The charilgs trustees Consider that an audit is not required for this year under section 144(2) of
It is my responsibility to:
examine the accounts under section 145 of the 201 l Act, as amend
to follow the procedures laid down in the general Directions given by the Charity
Commission under section 145(5)(b) of the 201 l Act, and
to state wh¢ther particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with general Directions given by the Charity
con￿lis510n. 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 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 liiniled lo thos¢ mallers set out in the statement
below.
Independent examlner's statement
In the course of my exainination, no matter has come to my attention
which gives me reasonable cause lo believe Ihal in, any material respect, the requirements:
to keep accounling records in accordance with section 130 of the 201 l A¢l' and
to prepare ac¢ounls which accord with the accounting records and comply with the accounting
requiranenls of the 20 I l Act have not been inet. or
2. to which, in my opinion, attention should be drawn in order to enabl¢ a proper understanding
of the accounts to be reached.
fi)w.Srf: L4R
Mapus-smith & Lemmon LLP
Chartered Accountants
48 King Strc¢t
King's Lynn
Norfolk
PE30 IHE

WEST NORFOLK AND KING'S LYNN GIRLS, SCHOOLS, TRUST
Registered Charity Number 311264
INCOME AND EXPENDITURE ACCOUNT for the Year ended 30th Julle 2024
Unreslricled
Funds
Unrestricted
Funds
2024
2023
Income
Rent of Qu¢ensway Pla)qng Field
Inveslinent Income as schedule
Legacy
Bank and Other Interest
9,100
38,686
9.1(Kl
21.944
502
47,786
36,546
Expendlture
Clerk's Salary
Printing, Postages, Copying and Sundry Expenses
Bank charges
Accountancy Fees
Leaflets
Website ¢osls
3,606
568
29
360
3,355
342
348
39
2.906
7,469
4,484
Net Income avallAble for dlslrlbutlon
40.317
32.062
GrAnts Approved #nd pald durlng year
Individuals
Schools
34.917
21,69i>
1,798
2￿
r.
Dlana Bullock Awllrds
Valerle SeamAn Aw8rd
Pat Roblnson Burs4ry
200
200
200
35,517
23,688
{Defielt)/Surplus for year
4,800
8.374
2024
1,5 2023
Accumulated Income brought forward
113,965
105.591
(Defi¢il)ISurplus tor year
4.800
iy 8.374
Accumulated Incom¢ carried fonvard
118,765
113.965

WEST NORFOLK AND KINCIS LYNN GIRLS, SCHOOLS, TRUST
Registered Charity Number 311264
SCHEDULE OF INVESTMENTS for the Vear ended 30th June 2024
PERMANENT ENDOWMENT
Income
Market Value
2024
2023
C05t
2024
2023
18.200.00 Unlts Charlnco
10.430.00 Untts
M&G Charlfund
52,676.90 Units Charlshare
31,846
51,105
108,620
J,638
9,022
19,069
546
8,761
6,585
26,223
25,370
111,601
372,464
J98.830
191571
29,729
15,892
336,654
509,435
INCOME ACCUMULATIONS
3,057.25 Income Charltles Offlclal
Shnre$ Investment Fund (COIF)
4,817.87 Unl¢$ Charlnco
3,333.00 Unlts M&G Charlfund
10,658.44 Unlts
ChAr15hArc
7,000
7,000
21,611
21,615
1,782
434
2,883
3,858
1,775
145
2,800
1,332
66.283
6.942
35,663
80,698
59,424
6,716
35,66J
75,363
57,226
8,957
6,052
189,586
177,166
248,797
38,686
21,944
726,240
686,601
PRIZE FUNDS
£342.39 21AO/o Ci Oliver Jermyn Pr17
201.23 COIF S Henry Smltli Scholarshlp
87
466
185
3,021
185
3,021
553
3,206
3,206
249,3SO
38,686
21,944
729,446
689,807

WEST NORFOLK AND KING'S LYNN CIRLS. SCHOOLS, TRUST
R¢gistcrod CharIty Numbor311264
BALANCE SHEET as at Joth 2024
2024
2013
ASSETS
Invcsttn
as Scheiiuk
Rcstrictd- Enduwjncni
Unre&lricl¢d- Inc￿ne Accuinulalions
PTi£e Funds
Market Value..
191,571
57,226
553
191,571
57,226
553
2024 £
2023 £
729,446
089.807
Bank Balances
105,940
101,140
355.290
350,490
LIABILITIES
Creditors
1,528
I,S28
NET FUNDS
353,763
348.963
REPRESENTED BY:.
Pernianent Endowment
A4previously reported
Priix funds
UnT¢slricid Fiinds
A¢¢iiiniiloi¢d In¢iHn¢'. To 27111 Jun¢ 19113 whcn
prLSel)1 sch•n¢ egiubli5h
Sub9equ¢nily
196,556
553
196556
553
37.¥¥9
118,765
37,889
113,965
353,763
348.963
FinJii¥ifjl StAieinwl¥ apptovcd by Trn5tKS
Chairtwon
Trumee￿lea$U1er

WEST NORFOLK & KING'S LYNN GIRLS, SCHOOLS, TRUST
Registered Charity Number 311264
STATEMENT OF TRUSTEES, RESPONSIBILITIES
Law applicable to charities in England and Wales requires the tru51ees lo prepare financial statements for each financial year
which give a true and fair view of the Charity's financial activities during the year and of ils financial position al the end of
the year (unless the Charity is enliiled to prepare Accounts on the altemalive receipts and payments basi5). In preparing
financial slalements giving a true and fair view, the Iruslees should follow best practice and..
Select suitable accounting policies and then apply them consislenlly.
Make judgements and estimates that are reasonable and prudent.
Stale whether applicable accounting standards have been followed. subject lo any material departures disclosed and
explained in th¢ financial statements,,
Stale wlieiher appli¢able accounting standards and slalemenls of recommended practice have been followed, subject lo
any departures and explaiiied in the financial slalemenls.
Prepare the financial slalemenls on the going concem basis unless it is inappropriate lo presume that th¢ Charity will
continue in operation.
The trustees are responsible for keeping accounting records which disclose with reasonable a¢eura¢y the financial position
of Ilie Charity and which enable them to ensiire that the financial slalemenls comply with the applicable law, regulations
and Charity's Tru51 Deed. They are also responsible for safeguarding the assets of the Charity and hence for taking
respon8ible steps for the prevention and detection of fraud and other i￿egUlar]I1es.

WEST NORFOLK & KING'S LYNN CIRLS, SCHOOLS, TRUST
Registered Charity Number 311264
NOTES ON FINANCIAL STATEMENTS 30TH JUNE 2024
Accounting policies.
Basis of accounting.
The flnancial stat¢m¢nts have been prepared under the historical cost convention.
The trustees have established a policy wh¢reby the unr¢stri¢led funds not committed or invested in the tangible fixed
assets th¢ oharity holds (the free reserves) should be approximately twelve months of the resources expended, which
equates to £30,000. At this level, the trustees feel they would be able to carry on the charitgs activities in the event of
a significant drop in fjjnding. It would then be necessary to consider how funding would be replaced.
At 30 June 2024 the unrestricted reserves of £156,654 (2023 £151,854) exceeds the target level by £126,654 (2023
£121,854) and the trustees intend to reduce this excebs gradually through a policy of granting higher levels of
assistance.
This amount includes £5,000 in respect of a legacy received in 2008 as detailed below in note 3.
There were no conditions allached lo the legacy of £5,000. The trustees have decided that any income generated by
the legacy be given as a discretionary award.