2023-03-31-accounts - Chipping Campden School Charity

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		Pages
Trustees' Annua I Report		2to5
independent Examiners	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Accounts		9to 15
Detailed Statement of	Financial Activities	16

for the year ended		31IVIarch 2	023
				Unrestricted	Endowment
				funds	funds	Total funds	Total funds
				2023	2023	2023	2022
			Notes	f	f	f	f
Income and endowments
from:
Investments				41,829	4,364	46,193	45,213
Total				41,829	4,364	46,193	45,213
Expenditure on:
Charitable activities				3,044		3,044	153,820
Other				1,279		1,279	840
Total				4,323		4,323	154,660
Net (losses)/gains investments	on			(48,337)	(6,773)	(55,110)	77,926
Net expenditure				(10,831)	(2,409)	(13,240)	(31,521)
Transfers between		funds		4,364	(4,364)
Net expenditure before other gains/(losses)				(6,467)	(6,773)	(13,240)	(31,521)
Other gains and losses:
Net movement in	funds			(6,467)	(6,773)	(13,240)	(31,521)
Reconciliation offunds:
Total funds brought		forward		1,279,134	176,924	1,456,058	1,487,579
Total funds carried		forward		1,272,667	170,151	1,442,818	1,456,058

Chipping Campden S BALANCE SHEET at 31March 2023	Chipping Campden S BALANCE SHEET at 31March 2023	Chipping Campden S BALANCE SHEET at 31March 2023	chool Charity
Charity No. 311699					2023	2022
					f	f
Fixed assets
Tangible assets				8	19,459	19,459
Investments				9	1,376,793	1,581,903
					1,396,252	1,601,362
Current assets
Debtors				10	8,224	7,610
Cash at bank	and		in hand		47,934	165,407
					56,158	173,017
Creditors: Amount		falling due within one year		11	(9,592)	(318,321)
Net current assets/(liabilities)					46,566	(145,304)
Total assets less current liabilities					1,442,818	1,456,058
Net assets excluding			pension asset or liability		1,442,818	1,456,058
Total net assets					1,442,818	1,456,058
The funds ofthe charity
Restricted funds				12
Endowment	funds				68,365	68,365
					68,365	68,365
Unrestricted funds
General funds					629,434	606,860
					629,434	606,860
Reserves
Revaluation	reserve				745,019	780,833
					745,019	780,833
Total funds					1,442,818	1,456,058

in the UK a	nd Republic of Ireland (FRS102)and the Charities Act 2011.	nd Republic of Ireland (FRS102)and the Charities Act 2011.
Change in	basis ofaccounting orto previous accounts
There has	been no	change to the accounting policies (valuation rules and method ofaccounting)			since
last year and no changes have been made to accounts for previous years.
Fund accounting
Unrestricted funds		These are available for use at the discretion ofthe trustees in furtherance			ofthe
		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 reva!uation reserve	representing
		the restatement of investment assets at their market values.
Restricted	funds	These are available for use subject to restrictions imposed by the	donor	or
		through terms ofan appeal.
Income
Recognition of		Income is included in the Statement of Financial Activities (SoFA)	when	the
income		charity becomes entitled to, and virtually certain to receive, the income		and		the
		amount ofthe 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
legacies		the 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 SoFAat 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
revaluation	offixed	value at the end ofthe year.
assets
Gains/(losses) on		This includes any gain or loss on the sale of investments.
investment	assets

2 Statement ofFinancia	l Activities - p	rior year
		Unrestricted	Designated	Endowment
		funds	funds	funds	Total funds
		2022	2022	2022	2022
Income and endowments	from:
Investments		41,339		3,874	45,213
Total		41,339		3,874	45,213
Expenditure on:
Charitable activities		153,820			153,820
Other		840			840
Total		154,660			154,660
Net gains on investments		68,623		9,303	77,926
Net income		(44,698)		13,177	(31,521)
Transfers between funds		3,874		(3,874)
Net income before other
gains/(losses)		(40,824)		9,303	(31,521)
Other gains and losses:
Net movement in funds		(40,824)		9,303	(31,521)
Reconciliation offunds:
Total funds brought forward		1,319,958		167,621	1,487,579
Total funds carried forward		1,279,134		176,924	1,456,058

		Unrestricted	Endowment	Total	Total
				2023	2022
Investment	income	41,829	4,364	46,193	45,213
		41,829	4,364	46,193	45,213

					Unrestricted	Total	Total
						2023	2022
	Expenditure		on charitable
	activities
	Exhibition prizes	and speech day			1,658	1,658
	Hilda Terry		awards				2,500
	Grants made						150,000
	Governance		costs
	independent		examination		1,386	1,386	1,320
					3,044	3,044	153,820
5	Analysis of		grants
	Activity or	programme				Total	Total
						2023	2022
	Performing		Arts Centre				150,000
	Student Support						2,500
							152,500
6	Other expenditure
					Unrestricted	Total	Total
						2023	2022
	General administrative			costs	1,279	1,279	840
					1,279	1,279	840

						Land and	Land and		Cups and
8	Tangible fixed assets					Buildings			Trophies	Total
							f		f	f
	Cost or revaluation
	At 1April 2022								19,458	19,459
	At 31March 2023								19,458	19,459
	Net book values
	At 31March 2023						1		19,458	19,459
	At 31March 2022						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 or operate.
9	Investments
									Other
								investments
									-Listed	Total
	Cost or revaluation
	At 1April 2022							1,581,903		1,581,903
	Revaluation								(39,197)	(39,197)
	Disposals								(165,913)	(165,913)
	At 31March 2023							1,376,793		1,376,793
	Net book values
	At 31March 2023							1,376,793		1,376,793
	At 31March 2022							1,581,903		1,581,903
10	Debtors
						2023				2022
							f			E
	Prepayments and	accrued		income		8,224				7,610
						8,224				7,610
11	Creditors:
	amounts falling due within			one year
						2023				2022
							f			f
	Accruals and deferred		income			9,592				318,321
						9,592				318,321

Movement	in fun	ds
				Incoming
				resources	Resources	Gross	At 31
			At 1April	(including other	expended	transfers	March 2023
			2022	gains/losses)
				f
Restricted funds:
Endowment	funds:
Endowment	fund		68,365	4,364		(4,364)	68,365
Total			68,365	4,364		(4,364)	68,365
Unrestricted	funds:
General funds			606,860	22,533	(4,323)	4,364	629,434
Revaluation	Reserves:
Endowment	funds:
Endowment	fund		108,559	(6,773)			101,786
Total			108,559	(6,773)			101,786
Revaluation	fund		672,274	(29,041)			643,233
Total revaluation		reserves	780,833	(35,814)			745,019
Total funds			1,456,058	(8,917)	(4,323)		1,442,818

Analysis ofnet assets between funds
	Unrestricted	Restricted
			Total
	funds	funds
Fixed assets	19,459		19,459
Investments	1,243,416	133,377	1,376,793
Net current assets	9,792	36,774	46,566
	1,272,667	170,151	1,442,818

				Unrestrict	Endowment
				-ed funds	funds	Total funds	Total funds
				2023	2023	2023	2022
				f	f
Income and endowments			from:
Investments
Investment income				41,829	4,364	46,193	45,213
				41,829	4,364	46,193	45,213
Total income and endowments				41,829	4,364	46,193	45,213
Expenditure on:
Charitable activities
Exhibition and speech day prizes				1,658		1,658
Hilda Terry awards							2,500
Grants made							150,000
				1,658		1,658	152,500
Governance costs
Independent examination				1,386		1,386	1,320
				1,386		1,386	1,320
Total ofexpenditure activities		on	charitable	3,044		3,044	153,820
General administrative			costs,
including depreciation			and
amortisation
Clerk Honorarium				1,000		1,000	500
General insurances				279		279	340
				1,279		1,279	840
Total ofexpenditure		of	other costs	1,279		1,279	840
Total expenditure				4,323		4,323	154,660
Net losses/gains	on	investments		(48,337)	(6,773)	(55,110)	77,926
Net expenditure				(10,831)	(2,409)	(13,240)	(31,521)
Transfers between	funds			4,364	(4,364)
Net expenditure before gains/(losses)			other	(6,467)	(6,773)	(13,240)	(31,521)
Other Gains
Net movement in funds				(6,467)	(6,773)	(13,240)	(31,521)