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|chieve|men|ts|and Per|formance|||
|---|---|---|---|---|---|---|
|||||SORP reference|||
||||||The Charity has provided<br>some f166,786||
||||||in funds to the School in the period.<br>This||
||||||has been spent on the following<br>key||
|Summary|ofthe main|||Para 1.20|matters:||
|achievements||ofthe charity,|||~<br>new library facilities;||
|identifying|the|difference the|||~<br>a contribution<br>to the new running||
|charity's|work|has made to|||track;||
|the circumstances|||of its||~<br>enhanced<br>outdoor facilities for the||
|beneficiaries<br>and|||any wider||early years;||
|benefits to society as a|||||~<br>a further 120chromebooks<br>for 4||
|whole.|||||classes and IT infrastructure||
||||||improvements||
||||||~<br>repairs and maintenance—||
||||||including:<br>Redecoration<br>of KS2;||
||||||improvements<br>to fire doors<br>in KS2;||
||||||upgrade<br>of EYFS handbasins;||
||||||groundworks<br>and tarmac repairs;||
||||||reflooring Y5 classrooms<br>and||
||||||~<br>a payment<br>towards the general||
||||||running<br>ofthe school.||
||||||The above spending<br>has been impactful|on|
||||||the school and the pupils.<br>The purchase|of|
||||||additional<br>Chromebooks<br>has allowed<br>more||
||||||pupils to improve<br>their IT literacy.<br>The new||
||||||library has been a very positive addition|to|
||||||the school —allowing<br>improved<br>access to||
||||||books and an additional<br>learning<br>space.||
||||||Funds for improvements<br>of outdoor spaces||
||||||have enhanced<br>the children's<br>outdoor<br>play||
||||||and sports provision.||
||||||The Charity<br>(in conjunction<br>with the School)||
||||||has also identified<br>a number<br>of long term||
||||||strategic<br>priorities that<br>it will be using<br>its||
||||||reserves to fund.<br>Specifically:||
||||||~<br>an outdoor learning<br>project;||
||||||~<br>an upgrade<br>to science facilities;||
||||||~<br>the provision<br>offurther<br>ITfacilities;||
||||||and||
||||||~<br>improved<br>school safeguarding||
||||||which<br>may involve<br>building<br>works.||






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|inanc|ial<br>Review|ial<br>Review|ial<br>Review||||||
|---|---|---|---|---|---|---|---|---|
|Review|ofthe charity's||||Para 1.21|The Charity received income of2118,352|||
|financial|position|at|the end|||over the period.|Income comes from 2 key||
|ofthe period||||||sources: parental|donations<br>and a licence||
|||||||fee for access through||the School. It spent|
|||||||F190,193over the period<br>1 April 2021 to 31|||
|||||||March 2022. The Charity<br>held f466,885 at|||
|||||||the end ofthe period.|||
|Statement<br>explaining|||the||Para 1.22|The Charity has|a policy of retaining<br>a||
|policy for holding||reserves||||minimum<br>off100,000||in reserve funds to|
|stating|why they|are|held|||ensure<br>it has adequate||ongoing<br>funds|
|||||||available.|||
|Amount|of reserves||held||Para 1.22|The Charity<br>held|f466,885 at the end ofthe||
|||||||period.|||
|Reasons for holding|||zero||Para 1.22|N/A|||
|reserves|||||||||
|Details|of fund materially|||in|Para 1.24|N/A|||
|deficit|||||||||
|Explanation<br>of any|||||Para 1.23|N/A|||
|uncertainties<br>about|||the||||||
|charity|continuing|as a going|||||||
|concern|||||||||



|The charity's<br>principal<br>sources offunds<br>(including|Para 1.47|
|---|---|
|any fundraising)||
|Investment<br>policy and||
|objectives<br>including<br>any|Para 1.46|
|social investment<br>policy||
|adopted||
|A description<br>ofthe principal|Para 1.46|
|risks facing the charity||
|Other||





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|tructure,<br>Governance|and Man|agement||
|---|---|---|---|
|Description<br>of charity's||||
|trusts:||||
|Type of governing<br>document|Para 1.25|Trust Deed||
|How is the charity|Para 1.25|Trust||
|constituted?||||
|Trustee selection methods|Para 1.25|The governors|ofthe School are appointed|
|including<br>details of any||as trustees of|the Charity.|
|constitutional<br>provisions e.g.||||
|election to post or name of||||
|any person or body entitled||||
|to appoint one or more||||
|trustees||||



|Additional<br>information<br>(optional)|Additional<br>information<br>(optional)|||
|---|---|---|---|
|You ma<br>choose to include furlher statements||where relevant|about:|
|Policies and procedures<br>adopted for the induction|Para 1.51|||
|and training<br>oftrustees||||
|The charity's<br>organisational<br>structure<br>and any wider|Para 1.51|||
|network<br>with which the||||
|charity works||||
|Relationship<br>with any related|Para 1.51|||
|parties||||
|Other||||



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## 

|Charit|name|||Hi<br>h ate St. Michael's School|Governors'|Fund|
|---|---|---|---|---|---|---|
|Other name the charit|||uses|St Michael's School Governor's|Fund||
|Re istered charit||number||312451|||
|Charity's|principal|address||St. Michael's School Governors'|Fund||
|||||C/0 St. Michael's School|||
|||||North Road|||
|||||Highgate,|||
|||||London<br>N6 4BG|||





|mes|ofthe charity trus|ofthe charity trus|tees who manage|the charity||||
|---|---|---|---|---|---|---|---|
||Trustee name||Office (ifany)|Dates acted ifnot for whole<br>ear|Name <br>to a|ofperson (or body) entitled<br>oint trustee<br>ifan||
||Charlotte|Allen||On and from 28 October||||
|||||2021||||
||Olakunle|Ayodeji||On and from 28 October||||
|||||2021||||
||Stephen|Bethel||On and from 28 October||||
|||||2021||||
||Cordelia|Brown|Chair|On and from 28 October||||
|||||2021||||
||Adele Burgess|||On and from 28 October||||
|||||2021||||
||Valerie l3oulton|||On and from 28 October||||
|||||2021||||
||Geraldine|||On and from 28 October||||
||Gallagher|||2021||||
||Lisa McGuire|||On and from 28 October||||
|||||2021||||
||Alexandra|||On and from 28 October||||
|9|Economides|||2021||||
||Philippou|||||||
||Frances|Sorapure||On and from 28 October||||
|10||||2021||||
||Claire Southern|||On and from 28 October||||
|||||2021||||
||Angela Stathi|||On and from 28 October||||
|12||||2021||||
|13||||||||
|14||||||||
|15||||||||
|16||||||||
|17||||||||
|18||||||||
|19||||||||
|20||||||||





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## 

|||||Year to|Year to|
|---|---|---|---|---|---|
|||||31st March|31st March|
|Income||||2022|2021|
|Parental<br>donations||||f41,760|f62,373|
|Corporate<br>gift matching||||||
|Other donations<br>Highgate<br>School access rights||||f75,697|f70,697|
|Gift Aid tax reclaimed<br>for previous tax||year||f117,457|f133,070|
|Bank account interest<br>income||||f10|f29|
|CBFFixed Interest<br>Fund interest||||f886<br>f896|f1,437<br>f1,466|
|||Total income||f118,353|f134,536|
|Ex enditure||||||
|Clerking<br>Donations to school<br>LDBS maintenance<br>subscription||||f11,715<br>f28,321<br>f11,691|f25,000<br>f11,705|
|Maintenance<br>and Property expenses||||f46,845||
|Bibles K books||||f815||
|Account preparation<br>and Independent||verification|fees|f0|f660|
|EYFS Playground<br>KS2 Playgound<br>Remote teaching<br>capability<br>Wifi upgrade<br>Library improvements<br>Lane drainage<br>improvements||||f4,643<br>f20,693<br>f33,512<br>f31,958|f21,175<br>f17,382<br>f72,047|
||Total expenditure|||f190,193|f147,970|
|is/(Deficency)<br>of income|over expenditure|||f71,840|f13,434|





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|Balance sheet||||||
|---|---|---|---|---|---|
|||||31-Mar-22|31-Mar-21|
|Current assets||||||
|Central<br>Board of Finance<br>Lloyds Bank pic current|—cash deposit<br> account|||2212,562<br>f66,248|f211,677<br>F87,338|
|Accounts<br>Receivable||||E8,961|KO|
|Total Current assets||||2287,771|f299,014|
|Investments||||||
|Central<br>Board of Finance|—Investment|Fund Accum. shares||f216,915|8194,642|
|Central<br>Board of Finance|—Fixed Interest||Fund Income shares|f23,456|f25,341|
|||||8240,371|F219,983|
|Taxation recoverable||||||
|In respect of donations|for previous tax||year(s)|||
|Current<br>liabilities||||||
|Accruals||||E61,257|6660|
|Total assets less liabilities ("n|||etassets")|K466,885|f518,337|





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