| Pages | |
|---|---|
| Trustees' Annual Report |
2to5 |
| Statement of Financial Activities |
|
| Balance Sheet | |
| Notes to the Accounts | 8to 15 |
| Detailed Statement of Financial Activities |
| for the year ended 31March | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted | Endowment | ||||
| funds | funds | Total funds | Total funds | ||
| 2022 | 2022 | 2022 | 2021 | ||
| Notes | f | f | E | f | |
| Income and endowments | |||||
| from: | |||||
| Investments | 41,339 | 3,874 | 45,213 | 45,058 | |
| Total | 41,339 | 3,874 | 45,213 | 45,058 | |
| Expenditure on: |
|||||
| Charitable activities |
153,820 | 153,820 | 176,320 | ||
| Other | 840 | 840 | 723 | ||
| Total | 154,660 | 154,660 | 177,043 | ||
| Net gains on investments | 68,623 | 9,303 | 77,926 | 232,724 | |
| Net (expenditure)/income | (44,698) | 13,177 | (31,521) | 100,739 | |
| Transfers between funds |
3,874 | (3,874) | |||
| Net (expenditure)/income before other gains/(losses) |
(40,824) | 9,303 | (31,521) | 100,739 | |
| Other gains and losses: | |||||
| Net movement in funds |
(40,824) | 9,303 | (31,521) | 100,739 | |
| Reconciliation offunds: |
|||||
| Total funds brought forward | 1,319,958 | 167,621 | 1,487,579 | 1,386,840 | |
| Total funds carried forward | 1,279,134 | 176,924 | 1,456,058 | 1,487,579 |
| Chipping Campden Sc BALANCE SHEET at 31March 2022 |
Chipping Campden Sc BALANCE SHEET at 31March 2022 |
Chipping Campden Sc BALANCE SHEET at 31March 2022 |
hool Charity | |||
|---|---|---|---|---|---|---|
| Charity No. 311699 | 2022 f |
2021 | ||||
| Fixed assets | ||||||
| Tangible assets | 8 | 19,459 | 19,459 | |||
| Investments | 9 | 1,581,903 | 1,503,976 | |||
| 1,601,362 | 1,523,435 | |||||
| Current assets | ||||||
| Debtors | 10 | 7,610 | ||||
| Cash at bank | and | in hand | 165,407 | 132,964 | ||
| 173,017 | 132,964 | |||||
| Creditors: Amount | falling due within one year | 11 | (318,321) | (168,820) | ||
| Net current liabilities | (145,304) | (35,856) | ||||
| Total assets less | current liabilities | 1,456,058 | 1,487,579 | |||
| Net assets excluding | pension asset or liability | 1,456,058 | 1,487,579 | |||
| Total net assets | 1,456,058 | 1,487,579 | ||||
| The funds ofthe charity | ||||||
| Restricted funds | 12 | |||||
| Endowment | funds | 68,365 | 68,365 | |||
| 68,365 | 68,365 | |||||
| Unrestricted funds |
12 | |||||
| General funds | 606,860 | 657,622 | ||||
| 606,860 | 657,622 | |||||
| Reserves | 12 | |||||
| Revaluation | reserve | 780,833 | 761,592 | |||
| 780,833 | 761,592 | |||||
| Total funds | 1,456,058 | 1,487,579 |
| last year and no chan | last year and no chan | last year and no chan | last year and no chan | ges have been made to accounts for previous years. | |||||
|---|---|---|---|---|---|---|---|---|---|
| Fund accounting | |||||||||
| Unrestricted | funds | These are available for use at the discretion ofthe trustees | in furtherance | of | the | ||||
| general objects ofthe charity. | |||||||||
| Designated | funds | These are unrestricted funds earmarked by the trustees |
for particular purposes. |
||||||
| Revaluation | funds | These are unrestricted funds which include a revaluation |
reserve representing | the | |||||
| restatement ofinvestment assets at their market values, |
|||||||||
| Restricted funds | These are available for use subject to restrictions imposed |
by the donor or through | |||||||
| terms of an appeal. | |||||||||
| Income | |||||||||
| Recognition | of | Income is included in the Statement of Financial Activities |
(SoFA) when the charity | ||||||
| income | becomes entitled to, and virtually certain to receive, the |
income and the | amount of | ||||||
| the income can be measured with sufficient reliability. |
|||||||||
| Income with | related | Where income has related expenditure the income and |
related expenditure | is | |||||
| expenditure | reported gross in the SoFA. |
||||||||
| Donations | and | Voluntary income received by way of grants, donations |
and gifts is included in |
the | |||||
| legacies | the SoFA when receivable and only when the Charity has |
unconditional | |||||||
| entitlement to the income. |
|||||||||
| Tax reclaims | on | Income from tax reclaims is included in the SoFA at the same time as the |
|||||||
| donations | and | gifts | gift/donation to which it relates. |
||||||
| Donated services | These are only included in income (with an equivalent amount in expenditure) |
||||||||
| and facilities | where the benefit to the Charity is reasonably quantifiable, |
measurable | and | ||||||
| material. | |||||||||
| Volunteer | help | The value ofany volunteer help received is not included |
in the accounts. | ||||||
| Investment | income | This is included in the accounts when receivable. |
|||||||
| Gains/(losses) | on | This includes any gain or loss resulting from revaluing investments to market |
value | ||||||
| revaluation | of | fixed | at the end ofthe year. | ||||||
| assets | |||||||||
| Gains/(losses) | on | This includes any gain or loss on the sale ofinvestments. |
|||||||
| investment | assets |
| ES TO THE A | ES TO THE A | CCOUNT | S | ||
|---|---|---|---|---|---|
| Expenditure | |||||
| Recognition | of | Expenditure is recognised on an accruals basis. Expenditure includes |
any VAT which | ||
| expenditure | cannot be fully recovered, and is reported as part ofthe expenditure |
to which it | |||
| relates. | |||||
| Expenditure | on | These comprise the costs associated with attracting voluntary |
income, fundraising | ||
| raising funds | trading costs and investment management costs. |
||||
| Expenditure | on | These comprise the costs incurred by the Charity in the delivery of its activities and |
|||
| charitable | activities | services in the furtherance ofits objects, including the making |
ofgrants and | ||
| governance costs. |
|||||
| Grants payable | All grant expenditure is accounted for on an actual paid basis |
plus an | accrual for | ||
| grants that have been approved by the trustees at the end of |
the year but not yet | ||||
| paid. | |||||
| Governance | costs | These include those costs associated with meeting the constitutional |
and statutory | ||
| requirements ofthe Charity, including any audit/independent |
examination fees, |
||||
| costs linked to the strategic management ofthe Charity, together with a share of |
|||||
| other administration costs. |
|||||
| Other expenditure | These are support costs not allocated to a particular activity. |
| 2 |
Statement | o | f | Financial | Act | ivities - prior y | ear | |||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Endowment | ||||||||
| funds | Fund | funds | Total funds | |||||||
| 2021 | 2021 | 2021 | 2021 | |||||||
| f | f | f | f | |||||||
| Income and endowments | from: | |||||||||
| Investments | 41,644 | 3,414 | 45,058 | |||||||
| Total | 41,644 | 3,414 | 45,058 | |||||||
| Expenditure on: |
||||||||||
| Charitable activities |
26,320 | 150,000 | 176,320 | |||||||
| Other | 723 | 723 | ||||||||
| Total | 27,043 | 150,000 | 177,043 | |||||||
| Net | gains on investments | 210,731 | 21,993 | 232,724 | ||||||
| Net | income | 225,332 | (150,000) | 25,407 | 100,739 | |||||
| Transfers between | funds | 3,414 | (3,414) | |||||||
| Net | income before other | 228,746 | (150,000) | 21,993 | 100,739 | |||||
| gains/(losses) | ||||||||||
| Other gains and | losses: | |||||||||
| Net | movement | in | funds | 228,746 | (150,000) | 21,993 | 100,739 | |||
| Reconciliation | of | funds: | ||||||||
| Total funds brought forward | 1,091,212 | 150,000 | 145,628 | 1,386,840 | ||||||
| Total funds carried forward | 1,319,958 | 167,621 | 1,487,579 | |||||||
| 3 | Income from | investments | ||||||||
| Unrestricted | Endowment | Total | Total | |||||||
| 2022 | 2021 | |||||||||
| Investment | income | 41,339 | 3,874 | 45,213 | 45,058 | |||||
| 41,339 | 3,874 | 45,213 | 45,058 | |||||||
| 4 | Expenditure | on charitable | activities | |||||||
| Unrestricted | Total | Total | ||||||||
| 2022 | 2021 | |||||||||
| Expenditure | on charitable | |||||||||
| activities | ||||||||||
| Hilda Terry | awards | 2,500 | 2,500 | |||||||
| Grants made | 150,000 | 150,000 | 175,000 | |||||||
| Governance | costs | |||||||||
| Independent | examination | 1,320 | 1,320 | 1,320 | ||||||
| 153,820 | 153,820 | 176,320 |
| 5 | Analysis of | grants | |||||
|---|---|---|---|---|---|---|---|
| Grants to | Grants to | ||||||
| Activity or | programme | Institutions | Individuals | Total | Total | ||
| 2022 | 2021 | ||||||
| Alumni database software | 9,000 | ||||||
| Grants for | Ipads | 10,000 | |||||
| Performing | Arts Centre | 150,000 | 150,000 | 150,000 | |||
| Storage Area Network | |||||||
| Upgrade | 6,000 | ||||||
| Student Support | 2,500 | 2,500 | |||||
| 150,000 | 2,500 | 152,500 | 175,000 | ||||
| Activities | Grant | ||||||
| undertaken | funding of | ||||||
| Activity or | programme | directly | activities | Total | Total | ||
| 2022 | 2021 | ||||||
| Alumni database software | 9,000 | ||||||
| Grants for | Ipads | 10,000 | |||||
| Performing | Arts Centre | 150,000 | 150,000 | 150,000 | |||
| Storage Area Network | |||||||
| Upgrade | 6,000 | ||||||
| Student Support | 2,500 | 2,500 | |||||
| 150,000 | 2,500 | 152,500 | 175,000 | ||||
| 6 | Other expenditure | ||||||
| Unrestricted | Total | Total | |||||
| 2022 | 2021 | ||||||
| General administrative | costs | 840 | 840 | 723 | |||
| 840 | 840 | 723 |
| Land and | Cups and | Cups and | ||||||
|---|---|---|---|---|---|---|---|---|
| 8uildings | Trophies | Total | ||||||
| f | f | |||||||
| Cost or revaluation | ||||||||
| At 1April 2021 | 19,458 | 19,459 | ||||||
| At 31March 2022 | 19,458 | 19,459 | ||||||
| Net book values | ||||||||
| At 31March 2022 | 1 | 19,458 | 19,459 | |||||
| At 31March 2021 | 1 | 19,458 | 19,459 | |||||
| The Freehold property | relates to a parcel of | land upon which Chipping | Campden | School is situated. | The | |||
| Trustees consider | this | land to have a nominal | value on the basis it could only | be | realised in the event |
of | ||
| Chipping Campden |
School ceasing to exist, operate, or, in the event the land | is appropriated | for a | |||||
| valuable development |
use. |
| Other | |||||||
|---|---|---|---|---|---|---|---|
| investments | |||||||
| -Listed | Total | ||||||
| f | |||||||
| Cost or revaluation | |||||||
| At 1April | 2021 | 1,503,976 | 1,503,976 | ||||
| Additions | 100,000 | 100,000 | |||||
| Revaluation | 19,242 | 19,242 | |||||
| Disposals | (41,315) | (41,315) | |||||
| At 31March | 2022 | 1,581,903 | 1,581,903 | ||||
| Net book | values | ||||||
| At 31March | 2022 | 1,581,903 | 1,581,903 | ||||
| At 31March | 2021 | 1,503,976 | 1,503,976 | ||||
| 10 | Debtors | ||||||
| 2022 | 2021 | ||||||
| f | f | ||||||
| Prepayments | and accrued income | 7,610 | |||||
| 7,610 | |||||||
| 11 | Creditors: | ||||||
| amounts | falling due within one year | ||||||
| 2022 | 2021 | ||||||
| f | f | ||||||
| Accruals and | deferred | income | 318,321 | 168,820 | |||
| 318,321 | 168,820 |
| Incoming | |||||||
|---|---|---|---|---|---|---|---|
| resources | At 31 | ||||||
| Resources | Gross | ||||||
| At 1April | (including other |
expended | transfers | March 2022 |
|||
| 2021 | gains/losses) | ||||||
| f | |||||||
| Restricted funds: | |||||||
| Endowment | funds: | ||||||
| Endowment | fund | 68,365 | 3,874 | (3,874) | 68,365 | ||
| Total | 68,365 | 3,874 | (3,874) | 68,365 | |||
| Unrestricted | funds: | ||||||
| General funds | 657,622 | 100,024 | (154,660) | 3,874 | 606,860 | ||
| Revaluation | Reserves: | ||||||
| Endowment | funds: | ||||||
| Endowment | fund | 99,256 | 9,303 | 108,559 | |||
| Total | 99,256 | 9,303 | 108,559 | ||||
| Revaluation | fund | 662,336 | 9,938 | 672,274 | |||
| Total revaluation | reserves | 761,592 | 19,241 | 780,833 | |||
| Total funds | 1,487,579 | 123,139 | (154,660) | 1,456,058 |
| Endowment fund Funds held Campden Analysis ofnet assets between funds |
to provide for prizes and grants to s School |
tudents and Chi |
pping |
|---|---|---|---|
| Unrestricted | Endowment | ||
| Total | |||
| funds | funds | ||
| f | f | f | |
| Fixed assets | 19,459 | 19,459 | |
| Investments | 1,441,753 | 140,150 | 1,581,903 |
| Net current assets | (182,078) | 36,774 | (145,304) |
| 1,279,134 | 176,924 | 1,456,058 |
| for the year ended | 31M | arch 2022 | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Endowment | ||||||
| funds | funds | Total funds | Total funds | ||||
| 2022 | 2022 | 2022 | 2021 | ||||
| f | f | f | f | ||||
| Income and endowments | from: | ||||||
| Investments | |||||||
| Investment income |
41,339 | 3,874 | 45,213 | 45,058 | |||
| 41,339 | 3,874 | 45,213 | 45,058 | ||||
| Total income and endowments | 41,339 | 3,874 | 45,213 | 45,058 | |||
| Expenditure on: |
|||||||
| Charitable activities |
|||||||
| Hilda Terry awards | 2,500 | 2,500 | |||||
| Grants made | 150,000 | 150,000 | 175,000 | ||||
| 152,500 | 152,500 | 175,000 | |||||
| Governance costs |
|||||||
| Independent examination |
1,320 | 1,320 | 1,320 | ||||
| 1,320 | 1,320 | 1,320 | |||||
| Total ofexpenditure activities |
on | charitable | 153,820 | 153,820 | 176,320 | ||
| General administrative | costs, | ||||||
| including depreciation |
and | ||||||
| amortisation | |||||||
| Clerks Honorarium | 500 | 500 | 500 | ||||
| General insurances | 340 | 340 | 223 | ||||
| 840 | 840 | 723 | |||||
| Total ofexpenditure | of | other costs | 840 | 840 | 723 | ||
| Total expenditure | 154,660 | 154,660 | 177,043 | ||||
| Net gains on investments | 68,623 | 9,303 | 77,926 | 232,724 | |||
| Net (expenditure)/income | (44,698) | 13,177 | (31,521) | 100,739 | |||
| Transfers between |
funds | 3,874 | (3,874) | ||||
| Net (expenditure)/income other gains/(losses) |
before | (40,824) | 9,303 | (31,521) | 100,739 | ||
| Other Gains | |||||||
| Net movement in funds |
(40,824) | 9,303 | (31,521) | 100,739 |