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2022-05-31-accounts

Directors			JCB Birdwood
			JR Brown
			RA Portlock
			Reverend PJ Whitworth			(Chair)
Company	Secretary		MBM Porter
Registered	Office		Stable Cottage
			Eckington Road
			Birlingham
			Pershore
			Worcestershire
			WR10 3DA
Principal	Office		Stable Cottage
			Eckington Road
			Birlingham
			Pershore
			Worcestershire
			WR10 3DA
Solicitors			Charles Russell Speechlys				LLP
			Compass House
			Lypiatt Rd
			Cheltenham
			GL50 2QJ
Independent		Auditors	Saffery Champness		LLP
			71Queen Victoria		Street
			London
			EC4V 4BE
Bankers			Barclays Bank	Pic
			Wytham Court
			11West Way
			Oxford
			OX2 OJB
Investment		Managers	Brewin Dolphin
			The Paragon	Building
			32 Counterslip
			Bristol
			BS16BX

						Total	Total
						Year	Year
			Notes	Unrestricted	Restricted	31May	31May
				2022	2022	2022	2021
				f	f	f
Income from:
Investments
Rents receivable				144,327		144,327	144,327
Investment income					4,064	4,064	4,407
Total income				144,327	4,064	148,391	148,734
Expenditure on:
Raising funds
Finance costs				1,430	1,797	3,227	3,059
Charitable activities
Support of provision		ofeducation		(19,488)	5,000	(14,488)	41,413
Total expenditure				(18,058)	6,797	(11,261)	44,472
Net gains/(losses)	on	investments			(13,599)	(13,599)	27,904
Net income / (expenditure)				162,385	(16,332)	146,053	132,166
Other recognised	gains/(losses)
Actuarial gains /(	losses) on defined
benefit pension scheme				588		588	(1,046)
Net Movement in Funds				162,973	(16,332)	146,641	131,120
Fund balance brought		forward at
1June 2021				3,171,230	189,836	3,361,066	3,229,946
Fund balance carried		forward at		3,334,203	173,504	3,507,707	3,361,066
31May 2022

					Notes	2022	2021
							f
Tangible Fixed Assets						3,900,000	3,900,000
Investments
Other Investments						173,744	190,113
						173,744	190,113
Current Assets
Debtors						959	1,260
Cash at bank	and	in	hand			12,828	11,853
						13,787	13,113
Creditors: amounts			falling	due within one year		(118,669)	(123,676)
Net Current	Liabilities					(104,882)	(110,563)
Total Assets	less	Current		Liabilities		3,968,862	3,979,550
Creditors: amounts			falling	due after more than one year		(440,785)	(525,612)
Provisions					12	(20,370)	(92,872)
Net Assets						3,507,707	3,361,066
Funds					10
Restricted funds						173,504	189,836
Unrestricted	funds					3,334,203	3,171,230
Total funds						3,507,707	3,361,066

Current year				31May
		Unrestricted	Restricted funds	2022
		funds		Total
		f	f	f
Raising funds
Finance costs		1,430	1,797	3,227
		1,430	1,797	3,227
Charitable activities
Bursary awards			5,000	5,000
Support costs		22,379		22,379
Amendment to pension		(50,687)		(50,687)
contribution schedule
Governance costs		8,820		8,820
		(19,488)	5,000	(14,488)
Total expenditure		(18,058)	6,797	(11,261)
Comparative year				31May
		Unrestricted	Restricted funds	2021
		funds		Total
		f	f	f
Raising funds
Finance costs		1,317	1,742	3,059
		1,317	1,742	3,059
Charitable activities
Bursary awards			14,000	14,000
Support costs		21,413		21,413
Governance costs		6,000		6,000
		27,413	14,000	41,413
Total expenditure		28,730	15,742	44,472
Expenditure includes:
			31May	31May
			2022	2021
			f	f
Auditors' remuneration	(excluding	VAT) for:
Audit services —current	year		5,350	5,000
Other services			500

taff Costs
					31May	31May
					2022	2021
					f	f
Total staff costs		comprised:
Wages and	salaries				500	440
Socia I security costs
Pensions cost					2,618	1,259
Amendment	to	pension contribution		schedule	(50,687)
					(47,569)	1,699
The average	numbers		ofemployees	in the period were:	2022	2021
					Number	Number
Management		S.administration			1	1

							31May	31May
							2022	2021
							f	f
Aggregate	employment	benefits	of	key	management	personnel	500	440

	Freehold	Total
	property
Cost
At 1June 2021 and 31May 2022	5,823,282	5,823,282
Depreciation
At 1June 2021 and 31May 2022	1,923,282	1,923,282
Net Book Value
At 1June 2021 and 31May 2022	3 900000	3 900000

		2022	2021
		f	f
Balance brought forward		190,113	173,524
Proceeds from disposals		(37,937)	(37,718)
Purchases		35,951	28,412
Net gains/(losses)		(13,599)	27,904
Movement on investment	cash	(785)	(2,009)
Balance carried forward		173,743	190,113

						2022	2021
						f	f
	UK Equities					36,594	46,258
	UK Bonds					5,617	7,225
	Overseas	Bonds and Equities				118,017	118,904
	Property	and	other			9,435	12,868
	Cash					4,080	4,858
						173,743	190,113
	Debtors
						2022	2021
						f	f
	Prepayments		and	accrued income		959	1,260
						959	1,260
7	Creditors:	Amounts		falling due within one year
						2022	2021
						f	f
	Accruals	and	deferred		income	118,669	123,676
						118,669	123,676
8	Creditors:	Amounts		falling due after more than one year
						2022	2021
						f	f
	Deferred	rental income (note 9)				435,365	518,292
	Accruals					5,420	7,320
						440,785	525,612

																2022				2021
																f
At 1June	2021														601,219					684,146
Released to income At 31May 2022					in the	year									(82,927) 518,292					(82,927) 601,219
The deferred		income			is expected			to be recognised				as follows:
																2022				2021
																f				f
Within 1	year														82,927					82,927
Within 1	to 2	years													82,927					82,927
Within 2	to 5	years													248,781					248,781
After more than				five	years										103,657					186,584
															518,292					601,219
Funds
Current year				Brought				Income	Expenditure						Gains/	Transfers			Balance carried
			forward		at 1									(losses)						forward at31
				June	2021 f													f		May 2022 f
Unrestricted
funds
General funds				3,264,102				144,327			18,558						(72,414)			3,354,573
Pension fund				(92,872)								(500)			588		72,414			(20,370)
reserve
				3,171,230				144,327			18,058				588					3,334,203
Restricted
funds
5BP				189,836				4,064			(6,797)			(13,599)						173,504
				189,836				4,064			(6,797)			(13,599)						173,504
Total				3,361,066				148,391			11,261			(13,011)						3,507,707
Designated	funds
Within general funds is					a pension		scheme reserve				with a deficit			off20,370(2021:f92,872)
relating to a	defined benefit scheme provision									(see		note 12).
The transfers shown above reflect contributions the amendment to the contribution schedule.											paid to reduce			the liability in			the	year	as well as
Restricted funds
The Scholarship, Bursary and Prizes fund Westonbirt Association, Westonbirt's old									consists of funds girls' association,				that were to give			originally financial		raised support		by the to the
children offormer			pupils ortheir husbands						who	had		lost their	lives in the			Second World			War; over
the years these			funds		have	been		supplemented				by donations			from	former		pupils		and the

Comparative	Brought	Brought	Income	Expenditure	Gains/	Transfers	Balance carried
year	forward	at 1			(losses)		forward at 31
	June	2020					May 2021
		E					f
Unrestricted
funds
General	3,171,139		144,327	(27,471)		(23,893)	3,264,102
funds
Pension fund	(114,460)			(1,259)	(1,046)	23,893	(92,872)
reserve
	3,056,679		144,327	(28,730)	(1,046)		3,171,230
Restricted
funds
SBP	173,267		4,407	(15,742)	27,904		189,836
	173,267		4,407	(15,742)	27,904		189,836
Total	3,229,946		148,734	(44,472)	26,858		3,361,066
nalysis of net assets		between	funds at	31May
Current year			Unrestricted f		Restricted f		Total f
Tangible fixed assets				3,900,000			3,900,000
Investments					173,744		173,744
Net current	(liabilities)/assets			(104,642)		(240)	(104,882)
Long term liabilities		and provisions		(461,155)			(461,155)
Total				3,334,203	173,504		3,507,707
Comparative	year			Unrestricted f	Restricted f		Total
Tangible fixed assets				3,900,000			3,900,000
Investments					190,113		190,113
Net current	(liabilities)/assets			(110,286)		(277)	(110,563)
Long term liabilities		and provisions		(618,484)			(618,484)
Total				3,171,230	189,836		3,361,066

			31	May 2022	31May 2021	31May 2020
				(fs)	(fs)	(fs)
Present value of provision				20,370	92,872	114,460
Reconciliation of	opening and closing provisions
					Period Ending	Period Ending
					31May 2022	31May 2021
					(fs)	(fs)
Provision at the start ofthe period					92,872	114,460
Unwinding ofthe	discount factor	(interest expense)			500	1,259
Deficit contribution	paid				(21,727)	(23,893)
Remeasurements assumptions	—impact of any	change	in		(588)	1,046
Remeasurements schedule	—amendments	to the contribution			(50,687)
					20,370	92,872

				Period Ending	Period Ending
				31May 2022	31May 2021
				(fs)	(fs)
Interest expense				500	1,259
Remeasurements	—impact of any	change	in assumptions	(588)	1,046
Remeasurements schedule	—amendments	to the	contribution	(50,687)
Assumptions
			31May 2022	31May 2021	31May 2020
			%per annum	%per annum	%per annum
Rate ofdiscount			2.87	0.61	1.24

					Unrestricted	Restricted	Total
					2021	2021	2021
					f	f	f
Income from:
Investments
Rents receivable					144,327		144,327
Investment income						4,407	4,407
Total					144,327	4,407	148,734
Expenditure on:
Raising funds
Finance costs					1,317	1,742	3,059
Charitable activities
Provision ofeducation					27,413	14,000	41,413
Total					28,730	15,742	44,472
Net gains/(losses)		on		investments		27,904	27,904
Net income/(expenditure)					115,597	16,569	132,166
Transfers between			funds
Other recognised		gains/(losses)
Actuarial losses	on		defined benefit		(1,046)		(1,046)
pension scheme
Net movement	on		funds		114,551	16,569	131,120
Fund balance brought				forward at 1June	3,056,679	173,267	3,229,946
2020
Fund balance carried				forward at 31	3,171,230	189,836	3,361,066
IVIay 2021