|||Page|| |---|---|---|---| |Report ofthe Trustees|1|to|2| |Independent
Examiner's
Report|||| |Statement ofFinancial Activities|||| |Balance Sheet|||| |Notes tothe Financial Statements|6|to|11| |Detailed Statement ofFinancial Activities||12|| ## ## ## ## ## ## ||||||2022|2021| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted|Total|Total| |||Notes|fundf|fund
E|funds
E|funds
E| |INCOME AND ENDOWMENTS
Donations
and legacies|FROM|||||20| |Investment
income|||254,792|465|255,257|74,150| |Total|||254,792|465|255,257|74,170| |EXPENDITURE ON
Raising funds|||142,454|59|142,513|41,047| |Charitable
activities
Bursaries awarded|||27,550||27,550|32,350| |Other charitable
donations||||||| ||||10,100||10,100|| |Other|||102,013||102,013|154,397| |Total|||282,117|59|282,176|227,794| |Net gains on investments|||23,521||23,523|122,136| |NET INCOME/(EXPENDITURE)|||(3,804)|408|(3,396)|(31,488)| |RECONCILIATION
OF FUNDS
Total funds brought
forward|||1,109,529|23,865|1,133,394|1,164,882| |TOTAL FUNDS CARRIED FORWARD|||1,105,725|24,273|1,129,998|1,133,394| |Raine's School|Raine's School|Foundation|||| |---|---|---|---|---|---| |Balance||Sheet|||| |31|March|2022|||| |||||2022|2021| ||Unrestricted||Restricted|Total|Total| |||fund|fund|funds|funds| |Notes||E|E|f|| |FIXEDASSETS|||||| |Investments|||||| |Investments|521,904||13,792|535,696|609,511| |Investment
property|489,672|||489,672|489,672| ||1,011,576||13,792|1,025,368|1,099,183| |CURRENT ASSETS|||||| |Debtors
10||10,471||10,471|4,535| |Cash at bank||89,671|10,481|100,152|33,592| ||100,142||10,481|110,623|38,127| |CREDITORS|||||| |Amounts
falling due within one year||(5,993)||(5,993)|(3,916)| |NET CURRENT ASSETS||94,149|10,481|104,630|34,211| |TOTAL ASSETSLESSCURRENT LIABILITIES|1,105,725||24,273|1,129,998|1,133,394| |NET ASSETS|1,105,725||24,273|1,129,998|1,133,394| |FUNDS
12|||||| |Unrestricted
funds||||1,105,725|1,109,529| |Restricted funds||||24,273|23,865| |TOTAL FUNDS||||1,129,998|1,133,394| ## ## ## ## ## ## ## ## |||||2022
E|2021f| |---|---|---|---|---|---| |Rents received||||235,753|52,858| |Fixed asset investment||income||19,504|21,291| |Deposit|account interest||||1| |||||255,257|74,150| |RAISING FUNDS|||||| |Investment
management|||costs||| |||||2022|2021| |||||E|E| |Portfolio|management|||2,459|2,417| |Property|rental expenses|||140,054|38,630| |||||142,513|41,047| ## ## ## |COMPARATIVES F|OR THE STA|TEMENT OF FINAN|CIAL ACTIVITIES||| |---|---|---|---|---|---| ||||Unrestricted|Restricted|Total| ||||fund|fund|funds| ||||f|E|| |INCOME AND ENDOWMENTS||FROM|||| |Donations
and legacies|||20||20| |Investment
income|||73,711|439|74,150| |Total|||73,731|439|74,170| |EXPENDITURE ON|||||| |Raising funds|||40,998|49|41,047| |Charitable
activities|||||| |Bursaries awarded|||32,350||32,350| |Other|||154,397||154,397| |Total|||227,745|49|227,794| |Net gains on investments|||120,391|1,745|122,136| |NET INCOME/(EXPENDITURE)|||(33,623)|2,135|(31,488)| |RECONCILIATION|OF FUNDS||||| |Total funds brought|forward||1,143,152|21,730|1,164,882| ## ||for the Year Ended 31 M|for the Year Ended 31 M|for the Year Ended 31 M|for the Year Ended 31 M|arch 2022||| |---|---|---|---|---|---|---|---| ||COMPARATIVES FOR THE STATEMENT OF FINANCIAL||||ACTIVITIES -continued||| ||||||Unrestricted|Restricted|Total| ||||||fund|fund|funds| ||||||E|E|E| ||TOTAL FUNDS CARRIED||FORWARD||1,109,529|23,865|1,133,394| |6.|INDEPENDENT
EXAMINERS FEE||||||| |||||||2021|2020| ||||||||E| ||Independent|Examiners fee||||2,832|2,400| |7.|INTANGIBLE FIXEDASSETS||||||| ||||||||Coat of| ||||||||arms| ||||||||f| ||COST||||||| ||At 1 April 2021 and 31 March 2022||||||8,225| ||AMORTISATION||||||| ||At 1 April 2021 and 31 March 2022||||||8,225| ||NET BOOK|VALUE|||||| ||At 31March|2022|||||| ||At 31 March|2021|||||| |8.|FIXEDASSETINVESTMENTS||||||| ||||||||Listed| ||||||||investments| ||||||||f| ||MARKET VALUE||||||| ||At 1 April 2021
Additions||||||609,511
15,206| ||Disposals
Revaluations||||||(112,544)
23,523| ||At 31 March|2022|||||535,696| ||NET BOOK|VALUE|||||| ||At 31 March|2022|||||535,696| ||At 31 March|2021|||||609,511| ||There were|no investment|assets outside the UK.||||| ||Cost or valuation
at 31 March 2022 is represented|||by:|||| ||||||||Listed| ||||||||investments| ||||||||f| ||Valuation
in|2022|||||535,696| ## ## ## ## ## ## ## ## |||||||||||2022|2021| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||E|| |Other debtors||||||||||10,471|4,535| |CREDITORS:|AMOUNTS|||FALLING DUE||WITHIN|ONE YEAR||||| |||||||||||2022|2021| |||||||||||E|f| |Taxation and social security||||||||||1,277|620| |Other creditors||||||||||4,716|3,296| |||||||||||5,993|3,916| |MOVEMENT IN||FUNDS|||||||||| |||||||||||Net|| |||||||||||movement|At| |||||||||At 1.4.21||in funds|31.3.22| |||||||||E||E|E| |Unrestricted|funds||||||||||| |General fund||||||||1,109,529||(3,804)|1,105,725| |Restricted funds|||||||||||| |Millie Gluckstein|Fund|||||||23,865||408|24,273| |TOTAL FUNDS||||||||1,133,394||(3,396)|1,129,998| |Net movement|in|funds,|included||in the above are as follows:||||||| |||||||Incoming||Resources||Gains and|Movement| |||||||resources
E||expended
f||losses
E|in funds
E| |Unrestricted|funds||||||||||| |General fund|||||||254,792|(282,117)||23,521|(3,804)| |Restricted funds|||||||||||| |Millie Gluckstein|Fund||||||465||(59)||408| |TOTAL FUNDS|||||||255,257|(282,176)||23,523|(3,396)| ## ## ## |Comparatives|for movement
in funds|||| |---|---|---|---|---| ||||Net|| ||||movement|At| |||At 1.4.20|in funds|31.3.21| |||E||E| |Unrestricted|funds|||| |General fund||1,143,152|(33,623)|1,109,529| |Restricted funds||||| |Millie Gluckstein|Fund|21,730|2,135|23,865| |TOTAL FUNDS||1,164,882|(31,488)|1,133,394| |Comparative
n|et movement
in funds,|included
in the above are a|s follows:||| |---|---|---|---|---|---| |||Incoming|Resources|Gains and|Movement| |||resources
E|expended
E|losses
E|in funds
f| |Unrestricted|funds||||| |General fund||73,731|(227,745)|120,391|(33,623)| |Restricted funds|||||| |Millie Gluckstein|Fund|439|(49)|1,745|2,135| |TOTAL FUNDS||74,170|(227,794)|122,136|(31,488)| |A current year|12 months
and prior year 12|months
combined
position
is as follow|s:|| |---|---|---|---|---| ||||Net|| ||||movement|At| |||At 14.20|in funds|31.3.22| |||E|E|E| |Unrestricted|funds|||| |General fund||1,143,152|(37,427)|1,105,725| |Restricted funds||||| |Millie Gluckstein|Fund|21,730|2,543|24,273| |TOTAL FUNDS||1,164,882|(34,884)|1,129,998| |A current year
as follows:|12 months
and prior|year 12 months
combined
n|et movement
in f|unds,
included
i|n the above
| |---|---|---|---|---|---| |||Incoming|Resources|Gains and|Movement| |||resources|expended|losses|in funds| |||E||E|E| |Unrestricted|funds||||| |General
fund||328,523|(509,862)|143,912|(37,427)| |Restricted funds|||||| |Millie Gluckstein|Fund||(108)|1,747|2,543| |TOTAL FUNDS||329,427|(509,970)|145,659|(34,884)| ## ## ## ## ||
for the Year Ended 3|1 March 2022|| |---|---|---|---| |||2022|2021| ||||E| |INCOME AND ENDOWMENTS|||| |Donations and legacies
Donations|||20| |Investment
income
Rents received
Fixed asset investment
income
Deposit account interest||235,753
19,504|52,858
21,291
1| |||255,257|74,150| |Total incoming resources||255,257|74,170| |EXPENDITURE|||| |Investment
management
Portfolio management
Property
rental expenses|costs|2,459
140,054|2,417
38,630| |||142,513|41,047| |Charitable
activities|||| |Grants to institutions
Grants to individuals||10,100
27,550|32,350| |||37,650|32,350| |Other|||| |Wages
Social security
Pensions||51,156
127
1,882|19,431
1,030| |Stationery,
printing 5adverts
Sundry expenses
Independent
examiners fee
Legal 5professional
fees
ITexpenses||960
495
4,154
36,451
6,788|1,060
1,368
2,832
119,283
9,393| |||102,013|154,397| |Total resources expended||282,176|227,794| |Net expenditure||(26,919)|(153,624)|