OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-03-31-accounts

Trustees Mr. W Everard CBE Mr. W Everard CBE
Ms. LWilliams
Mr. AW D Roberts
Ms Laura Denholm
Mr G0Long (Appointed 23 February
2023)
Charity number 312691
Registered office George Greens Secondary School
100Manchester Road
London
UK
E143DW
Independent examiner Business Orchard LLP
3a Chestnut
House
Farm Close
Shenley
Hertfordshire
United
Kingdom
WD7 9AD
Bankers CCLA
Bordier
Rathbones
National
Westminster		 Bank PLC
Page
Trustees'
report		 1-3
Independent
examiner's		 report
Statement
offinancial		 activities 5-6
Balance sheet
Notes to the financial statements 8-17

Unrestricted Restricted Endowment Total Total
funds funds funds
2023 2023 2023 2023 2022
Notes f
Investments 173,951 3,872 26,568 204,391 180,814
Ex en
re on:
Raising funds 10,822 10,822 11,259
Charitable
activities		 181,736 36,000 217,736 165,809
Other 24 24
Total resources expended 181,760 36,000 10,822 228,582 177,068
Net gains/(losses) on investments (17,074) (16,482) (29,619) (63,175) 418,597
Net movement in funds (24,883) (48,610) (13,873) (87,366) 422,343
Fund balances at 1 April 2022 342,943 285,166 4,771,652 5,399,761 4,977,418
Fund balances at 31March 2023 318,060 236,556 4,757,779 5,312,395 5,399,761

Unrestricted Restricted Endowment Total
funds funds funds
2022 2022 2022 2022
Notes K
Investments 155,769 1,787 23,258 180,814
Ex enditure on:
Raising funds 11,259 11,259
Charitable
activities		 143,309 22,500 165,809
Total resources expended 143,309 22,500 11,259 177,068
Net gains/(losses) on investments 6,646 14,636 397,315 418,597
Net movement
in		 funds 19,106 (6,077) 409,314 422,343
Fund balances at 1 April 2021 323,837 291,243 4,362,338 4,977,418
Fund balances at 31March 2022 342,943 285,166 4,771,652 5,399,761

2023 2022
Notes K
Fixed assets
Investment
properties		 9 3,965,000 3,965,000
Investments 11 1,289,733 1,333,347
5,254,733 5,298,347
Current assets
Debtors 12 41,613
Cash at bank and in hand 145,201 110,414
145,201 152,027
Creditors: amounts falling due within
one year (87,539) (50,613)
Net current assets 57,662 101,414
Total assets less current liabilities 5,312,395 5,399,761
Capital funds
Endowment
fun s -		 nera
General endowment funds 1,547,779 1,561,652
Fair value reserve 3,210,000 3,210,000
4,757,779 4,771,652
Income funds
Restricted funds 236,556 285,166
Unrestricted
funds		 318,060 342,943
5,312,395 5,399,761

Activities Activities
undertaken undertaken
directly directly
2023 2022
K
Grants for educational visits 18,167 1,512
Grants for university students 40,000 48,000
Scholarship 36,000 22,500
Insurance 1,137 1,137
Grant for First Story &Book Buzz Projects 6,000 6,500
Grant for Open Minds Project 7,000 6,500
Grant for Think Forward Project 16,000 16,000
Grant for school equipment 41,832 22,860
Access Project 30,000 30,000
Valuation fees 3,600 1,800
199,736 156,809
Share of governance costs (see note 6) 18,000 9,000
217,736 165,809
Analysis by fund
Unrestricted
funds		 181,736 143,309
Restricted funds 36,000 22,500
217,736 165,809
5 Raising funds Raising funds
Endowment Endowment
funds funds
general general
2023 2022f
Investment management 10,822 11,259
10,822 11,259

8 Supportcosts Supportcosts Supportcosts
Support Governance 2023 2022
costs costsf
Audit fees 9,000
Independent examiners fees 18,000 18,000
18,000 18,000 9,000
Analysed between
Charitable activities 18,000 18,000 9,000

The average monthly
num		 ber ofemploye es
during the		 year was:
2023 2022
Number Number
Total
There were no employees whose annual remuneration was more than f60,000.
Investment property
2023
Fair value
At 1 April 2022 and 31 March 2023 3,965,000

9 Investment property (Continued)
10 Financial instruments
2023 2022
Carrying
amount of		 financial assets
Instruments measured at fair value through profit or loss 5,243,954 5,298,347
11 Fixed asset investments
Listed
investments
Cost orvaluation
At 1 April 2022 1,333,347
Additions 228,949
Valuation
changes		 (39,959)
Disposals (232,604)
At 31 March 2023 1.289,733
Impairment
At 1 April 2022
At 31 March 2023
Carrying
amount
At 31 March 2023 1,289,733
At 31 March 2022 1,333,347
12 Debtors
2023 2022
Amounts
falling due		 within one year: E
Other debtors 41,613

Creditor s: a mounts
f		 alling due within one year
2023 2022
E
Accruals and deferred income 87,539 50,613

Movement in funds Movement in funds
Balance at Incoming Revaluations Balance at Incoming Revaluations Balance at
1April 2021 resources gains and 1April 2022 resources gains and 31 March 2023
losses losses
R f
Permanent endowments
GGS
Foundation-
Land 3,605,000 360,000 3,965,000 3,965,000
GGS
Foundation-
Other 698,891 23,237 24,153 746,281 25,936 (39,536) 732,681
Frances
Davidson 10,914 10,919 195 11,114
Lilian Davy 21,868 1,887 23,755 (899) 22,856
GGS prize
fund 17,390 12 17 17,419 293 (8) 17,704
K&Bfund 8,275 3 8,278 146 8,424
4,362,338 23,257 386,057 4,771,652 26,570 (40,443) 4,757,779
M
Ql
Ih0		 v tel
m c(
N CI
V N
mCr
V
m		 (0
(A O
CV
Q
N
CD
W		 (0
(A O
CV
Q
N
CD
W		 CD
CO
CI)		 m
&0		 N
N
(O
N		 4( QQQ
(A
CO
CD
Cl
CL
CL
O
OQO.
(0L0		 C
IV
C		 N '0
C
p
m
N
m c
0
m
m
ml
N
IL'		 (A
(O
CD
Q
(A		 0
't5
III
C		 (h
0		 N
N		 VI O
ClQ
(O
CO
Ol
CI)
(G
Cl
(AQ
CO
N
C0		 E
0		 pl N
C
NV
EL
V0 0
0
N		 Q
C(		 IQ'
CO
CO (Il
(O		 (O CO '0
Ql
O
I
lhQ		 lh
Xl
It		 N
N
Cl		 tot (O
CO
CO
CV
Ql
(h
C(5
Ol
OC
(4
(hC0
mC00
Iv0
(h		 lh
'D		 m (II
N O
V CI(
m 'C0.
CI I4
N~C
0C
N
m c
m
m pl
N
CL		 Q P)
CO
N
Ol		 CO
CD
N O
N
CII
(A		 CD
(O		 (O
(O
(A
(O
CO		 4I
0L
(h
IQ
C
lQ
0		 th
'0		 N
NON
(Il
N
ClN		 (s(
(g		 ClOQ
lA
CD
CFJ
(I)
Ol
CP
N
Cl
Pl
(O
(O
(A		 (A
CD
CII
IA
8
(4
(4
J3'0
Ql'o
C		 C
IV
C
C
4l
E
Q		 N 0
0 e
V~
a
0
N		 OO
(A		 Q
Cl
(A
N		 (h
C~
E c
0'0		 N
N		 C(( Cl
Cl
Cl
(O
CO
CD		 Ol
(O
CL
lC
Ql
Ol
C		 0 pl N
C VI
0 p
CV
N		 (A Ol
v		 CII LU
(h
4l '0
OL		 N CO
(A
(A
CO
0
LLI
zI-z0		 00
Q
CD
L
lhC
CL
E0
O		 mo
0 (II
C
ā€”.
m CO.		 CO
(O
CV
Q
CO
T		 CO
Cl O
O
CIl
T		 CO '(P
Al
CD
Al		 (h
4l
IL
4l
O
QlQ
C		 lh
0
N
Cl
N		 Ol
Cl
CO
CII		 P4
CI
COO
(0
U (h
C
lOI-z
LLJX		 Q
O
I
(h		 '0
Ql
CQ
LLI
M
Oz
z
LLIxI-0I-
N
LLI
I0z		 V
CI
a
w~
LLI
0		 (haC
IV
'U
Q
O
I
lh
Ql
lL		 Ql
Q0
OC
m
O
Q
0
N
C
Ql
E0
OC
S
Iā€”		 Ql
0
I
C 0
0
(h0
m0
O
(he O
CO c C
O
Q
m
5 u
0
ID
N 0
'C
C
CL
Co
CO		 (h'0
C
~V
C
Q
8
Ql
lh
m
QC
0
(h
C		 0.
Ql
Q
m
(I)
CIIQ
N
O
I
m
(4
(h
O
m
JD
(Q
(L M		 Q
Ql
0
Ql
(h8
(h
QlE
(h
Ql
C
(hQ
Cl(4
M
(D
(h
(h
(4
CQ
I
0