Charity registration number: 312691
GEORGE GREENS SCHOOL TRUST FUND
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

GEORGE GREENS SCHOOL TRUST FUND
CONTENTS
Page
Legal and administrative information
Trustees, report
Independent examiner's report
Statement of financial artivities
Balance sheet
Notes to the financial statements
9-18

GEORGE GREENS SCHOOL TRUST FUND
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr. W Everard CBE
Ms. L Williams
Mr. A W D Roberts
Ms Laura Denholm
MrGOLong
Charity number
312691
Reglstered office
George Greens Secondary School
Manchester Road
London
UK
E14 3DW
Independent examiner
Price Bailey LLP
24 Old Bond street
Mayfair
London
WIS 4AP
Bankers
CCLA
Bordier
Rathbones
National Westminster Bank PLC

GEORGE GREENS SCHOOL TRUST FUND
TRUSTEE5' REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their annual report and financial statements for the year ended 31 March 2024.
The financial statements have been prepared in accordance with the accounting policies set out in
note I to the financial statements and comply with the Charity's governing document, the Charities
Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable
to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland (FRS 102) (effective l January 2019)"
Objertives, activities and achievements
The object of the charity is the provision ot items and facilities for George Green's Secondary School in
addition to providing financial assistance to students entering further education.
The trustees confirm that they have referred to the guidance contained in the Charity Commission's
general guidance on public benefit when reviewing the charity's aims and objettives and in planning
future activities.
The charities administered in connection with the charity and underthe same Scheme have the
specific objects as set out below. The trustees (who provide their services without charge) work
closely with the school to ascertain the needs of the pupils and of the school. The trustees are very
pleased to note the progress of the school and its continued improvement year by year which has
been helped by the specific donations that the trustees are able to make to improve the educational
facilities available to the pupils of the school.
George Green's School Foundation
Objects:
to provide grants to pupils in need of a5SiStance to take part in school activities; to provide
certain leaving exhibitions.
to provide for certain facilities for games. music and school educational visits;
• to act for the Foundation in respect of its land and buildings.
During the year grants totalling £112,IY)O have been made to certain students going to university. In
addition, £28.996 has been paid as grants to the school to enable the students to benefit from various
projects and equipment such as Chrome Books. books for the English Department, the First Story
Programme, the Access Project and the Think Fonvard project, and the Open Minds Project. As a
matter of poliq, the Trustees seek where possible to fullyfund these awards so that the students do
not have to make any financial contribution. The feedback from the school and the students
benefitted by these awards has been excellent and the Trustees are very pleased to note that the
pupils of the school continue to attain excellent levels of academic success.
Fronces Dovidson Bequest
Objert:
• to provide holidays for girts at the school who are in need of assistance or those starting
their careers.
No grants have been made during the year.

GEORGE GREENS SCHOOL TRUST FUND
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Lilian Davy Scholarshlp
Objett:
to award 5cholarshlps for the benefit of pupils and former pupils of the school being
female and not exceeding 25 years of age, to enable them to train in medicine, dentistry,
medical services or veterinary sur8ery, with a preference in that order.
Five grants of £4,5CKI each have been made to former pupils to enable two of them to
study nursin8, two to study medicine and one to study dentlstry.
George Green's School Prlzo Fund
Object:
• to award prize5 in accordance with various existing trusts.
No grants have been made during the year.
K. & B. Fund
Object:
• to assist present and past students not exceeding 25 years of age travellin8 abroad to
further their education,
No grants have been made durin8 the year.
Financial review and future plans
The overall financial outcome for the year was a surplus of £91,908 {2023: deficit of £87,366).
The Trustees are satisfied that the finances of the charity are now on a firm footing and will aim to
spend all of its income in the coming year on its charitable objects. The Trustees have adopted a policy
of assisting students of the school with their further education and apprenticeship training by making
bursaries available to them. The Trustees propose to review and continue this policy where
appropriate. The Trustees also wish to continue to provide assistance for school trips and to enhance
the facilities and education available to pupils at the school.
Reserves pollcy
The Trustees aim to maintain reserves of unrestrlcted funds at a level which equates to approximately
12 months of unrestricted expenditure.

GEORGE GREENS SCHOOL TRUST FUND
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Investments Pollcy
The deeds of the present school, the Old School at East India Dock Road and Millwall Park are vested
in the Official Custodian of Charities who holds the property as custodians forthe Trustees. A nominal
value for the present school and Millwall Park has been included in the accounts. This is based on
current usage of the properties. The Trustees are of the opinion that there is no change in value in the
year and no impairment. The value of The Old School at East India Dock Road has been reviewed by
the Trustees following the grant of the lease to Poplar Housing and Regeneration Association pursuant
to an Agreement dated 16th March 2018, The Trustee5 have obtained an independent valuation of
this property as at 31st March 2022 and have concluded that this valuation is appropriate.
The Trustees have invested funds with Rathbones, Bordier and the CCLA.
Risk Management
George Green's School Trust Fund's strategy is overseen by its Trustees by its management and
governance arrangements. In the pursuit of its strategy. the George Green's School Trust Fund faces
three types of strategic risk which need artive management. These are:
Financial
Reputational
The responsibility for risk management ultimately belongs to the Trustees. The organisation's
Chairman and the other Trustees represent the interests of the organisation on a day to day basis in
this respect.
Structure, governance and management
The Charity is governed by a Scheme approved by the Charity Commission on 9 September 2008. Prior
to that date the charity was Eoverned by the previous Scheme dated 13 September 1997. Before that
the charity has roots going back to 1828 when George Green founded his school in Poplar. The
Charity's registered number is 312691 and the Registered Office is Elms Avenue London NIO 2JP.
The Trustees comprise five foundation governors and one co-opted Trustee. The Trustees who served
during the year and up to the date of signature of the financial statements are as follows:
Mr. W Everard CBE
Ms. L Williams
Mr. A W D Roberts
Ms Laura Denholm
MrGOLong
The bodies entitled to appoint Trustees are circulated with invitations to nominate Trustees prior to
any vacancy, advising them of the vacancies and the requirement for any specialist skills needed.

GEORGE GREENS SCHOOL TRUST FUND
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Trustee inductlon and tralnlng
A new Trustee is provided with induction help and assistance from the existing outgoing Trustee prior
to his or her appointment who can offer guidance and answer queries. New trustees usually have
close connections with George Green's School or rapidly develop connertions, serving as governors of
the school. The Chairman of the Trustees provides information on their legal responsibilities. the
Trust's governing documents and strategic plan.
Trustees responsibilitles
The Trustees are responsible for preparinE the Trustees, Report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial
statements for each financial year which give a true and fair view of the stste of affairs of the Charity
and of the incoming resources and application of resources of the Charity for that period. In preparing
these financial statements, the Trustees are required to:
Select suitable accountin8 policies and then apply them consistently;
Observe the methods and principles in the Charities SORP {2019),-
Make judgments and estimates that are reasonable and prudent..
State whether applicable accounting stsndards have been followed. subject to any
material departures disclosed and explained in the financial statements;
• Prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the Charity will continue in business.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable
accuracy at any time the financi3I position of the Charity and enable them to ensure that the financial
statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008
and the provisions of the constitution. They are also responsible for safeguarding the assets of the
Charity and hence for taking reasonable steps for the prevention and detection of fraud and other
irregularities.
The Trustees, report was approved by the Board of Trustees.
M5 Laura Denholm
Chair of Trustees
Date

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GEORGE GREENS SCHOOL TRUST FUND
I report to the charity trustees on rny examination of the accounts of the charity for the year ended 31
March 2024 which are set out on pages 7 to 18.
Responsibllitles and basls of report
As the chariws trustees you are responsible for the preparation of the accounts in accorijance with
the requirements of the Charities Act 2011 {'the Act'l.
I report in respect of my examination of the charit¢s accounts carried out under section 145 of the
Act and in carrying out my examination I have followed all the applicable Directions given by the
Charity Commi55ion under section 145(51(bl of the Act.
Independent examlner's statement
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination 8ivin8 me cause to believe that in any material respert:
l. accounting records were not kept in respert of the charity as required by section 130 of
the Act; or
2. the accounts do not accord with those records: or
3. the accounts do not comply with the applicable requirements concerning the form and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other
than any requirement that the accounts give a 'true and fair Vie￿ which is not a matter
considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Michael Cooper-Davis FCCA ACA
Price Bailey LLP
24 Old Bond Street
Mayfair
London
WIS 4AP
Date:

GEORGE GREENS SCHOOL TRUST FUND
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
Unrestrlrted
Funds
Re5trirted Endowment
Funds
Notes
Funds
2024
Total
Total
2023
2024
2024
2024
Income
Investments
173.951
8.808
29,469
212,228
204,391
173.951
8,808
29,469
212,228
204,391
Expenditure
Raising Funds
Charitable activities
Other
8.894
8.894
148,437
10.822
217,736
24
148,437
Total expenditure
148.437
8.894
157.331
228.582
Net 8ains/llosses1 on investments
10,793
22,119
37,011
(63.175)
Net movement in funds
29.613
19,601
42,694
91,908
187,366)
Fund balances at l April 2023
318.060
236,556
4.757,779
5,312.395
5,399.761
Fund balances at 31 March 2024
347.673
256,157
4,8(K1.473
5.404,303
5,312,395
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing artivities.

GEORGE GREENS SCHOOL TRUST FUND
8ALANCE SHEEr
AS AT 31 MARCH 2024
2024
2023
Notes
Fixed assets
Investment properties
Investments
3,965,000
1,356,158
5,321,158
3,965,000
1,289.733
5,254,733
io
Current assets
Cash at bank and in hand
89,295
89,295
145,201
145,201
Creditors: amounts falling due withln one year 11
(6,1501
187,5391
Net current assets
83,145
57,662
Total asset5 less current liabllltles
5,404.303
5,312,395
Capltal funds
General endowment funds
Fair value resenrfe
1,590,473
3,210,000
1,547,779
3,210,000
13
4,800,473
4,757,779
Income funds
Restricted funds
Unrestricted funds
14
256,157
347,673
236,556
318,060
5,404,303
5,312,395
The financial statements were approved by the Trustees on
Ms Laura Denholm
Trustee

GEORGE GREENS SCHOOL TRUST FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
l Accounting policies
Charity information
George Greens School Trust Fund is a Charity governed by a Scheme approved by the Charity
Commission on 9th September 2008.
1.1 Accounting convention
The financial statements have been prepared in accordance with the Charity's governing document,
the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland {FRS 102) (effective l January 2019)".The Charity
is a Public Benefit Entity as defined by FRS 102.
The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update
Bulletin I not to prepare a statement of Cash Flows.
The financial statements are prepared in sterlin& which is the functional currency of the Charity.
Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared underthe historical cost convention, modified to include
the revaluation of freehold properties and to include investment properties and certain financial
instruments at fair value. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the
Charity has adequate resources to continue in operational existence for the foreseeable future. Thus
the Trustees continue to adopt the going concern basis of accounting in preparing the financia
Statements.
1.3 Charitable funds
Unrestrirted income funds are general funds that are available for use at the trustees, discretion in
furtherance of the objectives of the charity.
Restricted funds are those donated for use in a particular area or specific purpose5. the use of which is
restricted to that area or purpose.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by
the Charity.

GEORGE GREENS SCHOOL TRUST FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
1.4 Income
Income is recognised when the Charity is legally entitled to it after any performance conditions have
been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Charity has been
notified of the donation. unless perforrnance conditions require deferral of the amount. Income tax
recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the
time of the donation.
Investment income is recognised on a receivable basis.
1.5 Expenditure
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity
to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under
headings that aggregate all costs related to the category.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities
and seniice for its beneficiaries. It incudes both costs that can be allocated directly to such activities
and those costs of an indirert nature necessary to support them
Grants payable are payments made to third parties in the furtherance of the charitable objertives.
Where the charity gives a grant with conditions for its payment being a specific level of service or
output to be provided, such grants are only reco8nised in the SOFA once the recipient of the grant has
provided the specific service or output.
Provisions for grants are made when the intention to make a grant has been communicated to the
recipient but there is uncertainty about either the timing of the grant or the amount of grant payable.
Support costs
Support costs (within expenditure on charitable activities) include the costs of the preparation and
audit of the statutory accounts, the costs of trustee meetings and the cost of any legal advice to
trustees on governance or constitutional matters.
10

GEORGE GREENS SCHOOL TRUST FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
1.6 Investment propertles
Certain of the properties used by the charity are held for long-term investment and so are included asl
investment property on the balance sheet.
No depreciation is provided in respect of investment properties and they are shown at fair value in the
accounts. The fair value of the investment properties has been determined by the Trustees at the
balance sheet date based on future rental values and usage of the properties, together with an
independent valuation. The surplus or deficit on any revaluation of investment properties is
transferred to the fair value reserve unless a deficit below original cost, or its reversal, on an individual
investment property is expected to be permanent, in which case it is recognised in the statement of
financial activities for the year.
1.7 Fixed asset investments
Fixed asset investments are initially measured at transaction price excluding transattion costs, and are
subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net
income/(expenditure) for the year. Transartion costs are expensed as incurred.
Those investments which consist of liquid cash balances are included within cash at bank and in hand
within current assets.
Realised gains and losse5 on investments are calculated as the difference between the sale proceeds
and their market value at the start of the year, or their subsequent cost, and are charged or credited
to the statement of financial activities in the period of disposal.
Unrealised gains and losses represent the movement in market Values during the year and are
credited or charged to the statement of financial activities based on the market value at the year end.
1.8 Cash and cash equlvalents
Cash and cash equivalents include cash in hand, deposits held at call with banks and other short-term
liquid investments with original maturities of three months or less.
li

GEORGE GREENS SCHOOL TRUST FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
1.9 Financial instruments
The Charity has elected to apply the provision5 of Section 11 'Basic Financial Instruments, and Section
12 '0ther Financial Instrumentslssues, of FRS 102to all of its financial instruments.
Financial instruments are recognised in the Chanty's balance sheet when the Charity becomes party to
the contractual provisions of the instrument.
Financial assets and liabilities are offset. with the net amounts presented in the financial statements,
when there is a legally enforceable right to set off the recognised amounts and there is an intention to
settle on a net basis orto realise the asset and settle the liability simultaneously.
Bosicfinoncial ossets
Basic financial assets which represent cash and bank balances and debtors are measured initially
based upon cash held and settlement amount after any trade discounts or amounts advanced by the
charity respectively.
Bosicfinonclol Ilobllltles
Basic financial liabilities, which represent creditors and accruals are initially recognised at settlement
amount after any trade discounts or amounts advanced to the charity.
Derecoqnitlon olfinonciol Ilobllitles
Financial liabilities are derecognised when the Charity's contractual obligations expire or are
discharged or cancelled.
2 Critical accountlng estimates and Judgements
In the application of the Charity's accounting policies, the Trustees are required to make jud8ements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily
apparent from other sources. The estimates and associated assumptions are based on historical
experience and other factors that are considered to be relevant. Actual results may differ from these
estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only
that period, or in the period of the revision and future periods where the revision affects both current
and future periods.
Key sources of estlmatlon uncertainty
Valuation of land and buildings
Valuation of land and buildings in the accounts is based partly on an independent valuation of the
previous school building at East India Dock Road which is partly based on future rental values and the
Trustees, estimation of values of the land at Manchester Road and the old railway arches at Millwall
Park. The value of Manchester Road is based on land not used by the school with some future
development potential. The Trustees have estimated thi5 value based on their knowledge of similar
land in the local area. The value of the old railway arches in Millwall Park has been estimated by the
Trustees based on the fact that there are no immediate development prospetts for this area. The
values of each element of the investment property is reviewed each year.
12

GEORGE GREENS SCHOOL TRUST FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
3 Investment income
Unrestricted
funds
2024
Restricted
funds
2024
Endowment
funds
2024
Total
2024
Rental income
Interest receivable
173,951
173,951
38,277
8,808
29,469
173,951
8.808
29,469
212,228
Unrestrirted
funds
2023
Restrirted
funds
2023
Endowment
funds
2023
Total
2023
Rental income
Interest receivable
173,951
173,951
30,440
3,872
26,568
173,951
3,872
26,568
204,391
4 Charitable activlties
2024
2023
Grants for educational visits
Grants for university students
Scholarship
Insurance
Grant for First Story &Book Buzz Projects
Grant for Open Minds Project
Grant for Think Forward Project
Grant for school equipment
Access Projert
Valuation fees
18,167
40,000
36,000
1,137
6,000
7,000
16,000
41,832
30.000
3,600
199,736
112,(YJO
28,996
140,996
Support costs
Bank fees
Insurance
Governance costs (see note 6)
258
1,033
6,150
18,000
148,437
217,736
13

GEORGE GREENS SCHOOL TRUST FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Raising funds
Endowment
funds
Endowment
funds
2023
2024
Investment management
8,894
10,822
Support Costs
Support
Governance
2024
2023
Bank fees
Insurance
Independent examiners fees
304
1,033
304
1,033
6,150
6,150
18,000
1.337
6,150
7,487
18,000
Analysed between
Charitable activities
1,337
6.150
7,487
18,000
Trustees
None of the Trustees (or any persons connected with them) received any ￿MUneratIon or benefits
from the Charity during the year (2023: Nill.
Furthermore, no Trustee nor other person related to the Charity had any personal interest in any
contract or transaction entered into by the Charity during the year (2023: £Nil}.
No Trustee expenses have been incurred during the year (2023: £Nil).
Employees
There are no employees who received any emoluments during the year or the prior year.
The average number of staff in the year was Nil12023: Nil).
Investment property
Fair Value
2024
At l April 2023 and 31 March 2024
3.965,000
Investment property comprises of buildings and land that are not currently used by the school and
part of which are being rented out to third parties. The fair value of the investment property has been
arrived at on the basis of an independent valuation carried out by Gerald Eve on the Old School
Property at East India Dock Road as at 31st March 2022, together with the Trustees, estimate of usage
of the Manchester Road site and the part of Millwall Park. The trustees reviewed for impairment and
have concluded that there h35 been no change to the valuation of the investment property and
therefore the balance remains the same for the year ended 31 March 2024.
14

GEORGE GREENS SCHOOL TRUST FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
10 Fixed asset Investments
Llsted
Investments
Cost or valuatlon
At l April 2023
Additions
Valuation changes
Disposals
1,289,733
170,798
37.011
{141,384)
At 31 March 2024
1,356,158
Impalrment
At l April 2023
at 31 March 2024
Carrying amount
at 31 March 2024
1,356,158
at 31 March 2023
1,289,733
11 Credltors: amounts falllng due wlthln one year
2024
2023
Accruals
6,150
87,593
15

GEORGE GREENS SCHOOL TRUST FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
12 Operating leases
Total future minimum lease payments receivable under non-cancellable operating leases, are as
follows;
2024
2023
not later than one year
later than one year and not later than five years
later than five years
169,201
248,176
170,201
610,320
417,377
780,521
13 Endowment funds
Endowment funds represent a55ets which must be held permanently by the Charity. Income arising on
the endowment funds can be used in accordance with the objects of the Charity and is included as
unrestricted income. Any capital gains or losses arising on the assets form part of the fund.
Movement in funds
Revaluations
gains and
losses
Balance at
31 March
2024
Balance at I
April 2023
Incoming
resources
Expenses
Pemianent endowments
GGS Foundation - Land
GGS Foundation - Other
Frances Davidson
Lilian Davy
GGS prize fund
K&B fund
3.965.000
732,681
11,114
22,856
17,704
8,424
3,965,000
771.875
12,296
24,925
17,723
8.654
27,956
591
665
18,8941
20,132
591
1,404
13
121)
251
4,757,779
29,469
18,894)
22,119
4,800,473
Prior year comparative
Movement in funds
Revaluations
gains and
losses
Balance at
31 March
2023
Balance at I
April 2022
Incoming
resources
Expenses
Permanent endowments
GGS Foundation- Land
GGS Foundation - Other
Frances Davidson
Lilian Davy
GGS prize fund
K&B fund
3,965.000
746,281
10,919
23.755
17,419
8.278
3,965,000
732,681
11,114
22,856
17,704
8,424
25.936
195
(39,536)
{8991
{8}
293
146
4,771,652
26,570
140,4431
4,757,779
16

GEORGE GREENS SCHOOL TRUST FUND
NOTES TO THE FINANCIAL STATEMENT5
FOR THE YEAR ENDED 31 MARCH 2024
14 Restricted fund5
The income funds of the charity include restricted funds comprising the following unexpended
balances of donations and grants held on trust for specific purposes:
Movement In funds
Revaluations
gains and
losses
Balance at
31 March
2024
Balance at I
April 2023
Incoming
resources
Resources
expended
GGS Foundation -
Other
Frances Davidson
Lilian Davy
GGS prize fund
K&B fund
103,585
12.041
114,794
2,442
3,694
1.065
640
6,662
49
392
7,252
{55)
3,633
{41
1331
111,902
12,626
125,089
2,487
4,053
236.556
8,808
10,793
256,157
Prior year comparative
Movement In funds
Revaluations
gains and
losses
Balance at
31 March
2023
Balance at I
April 2022
Incoming
resources
Resources
expended
GGS Foundation -
Other
Frances Davidson
Lilian Dawi
GGS prize fund
K&B fund
154,570
11,831
112,728
2,409
3,629
(36,000)
114,985)
103,585
12.041
114,794
2,442
3,694
210
3,564
33
65
(1,498)
285,167
3,872
136,0(X)I
{16,4831
236,556
17

GEORGE GREENS SCHOOL TRUST FUND
4PTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
15 Analysis of net assets between funds
Unrestrlcted
funds
2024
Restrlcted
funds
2024
Endowment
Total
lunds
2024
2024
Fund balances at 31 March
2024 are represented bv:
Investment properties
Investments
Current assetsllliabilitiesl
3,965.000
835,473
3.965,000
1,356.158
83,145
5.404.303
264.528
83,145
347,673
256.157
256,157
4.800.473
Unre5tr1cted
funds
2023
Restrfctsd
funds
2023
Endowment
funds
Total
2023
2023
Fund balances at 31 March
2023 are represented by:
Investment properties
Investments
Current assets/lliabilitiesl
3.965,000
792,779
3,965,000
1,289,733
57,662
5,312,395
260,398
57,662
318,060
236.556
236,556
4,757,779
16 Related party transactions
There were no disclosable related party transactions during the year (2023: none).
18