||Pages|
|---|---|
|Trustees'
Annual
Report|2to5|
|Statement
of Financial Activities||
|Balance Sheet||
|Notes to the Accounts|8to 15|
|Detailed Statement
of Financial Activities||
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|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.|||
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|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|
##
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||||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|