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||||Pages|
|---|---|---|---|
|Trustee's|annual report||1to7|
|Independent
auditor's||report to the members|8to11|
|Statement|offinancial|activities||
|Statement|offinancial|position||
|Notes to|the financial|statements|14to23|
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|Reference and Administrative|Reference and Administrative|Details|Details|||||||
|---|---|---|---|---|---|---|---|---|---|
|Registered Charity Name|||The John Roan Foundation|||||||
|Charity Registration|Number||312707|||||||
|Principal Office|||The John Roan School|||||||
||||Maze Hill|||||||
||||London|||||||
||||SE37UD|||||||
|The Trustee||||||||||
||||John Roan Foundation||Trustee|||||
||||Limited|||||||
|Directors of John Roan Foundation|||Trustee Ltd (referred||as Trustees|in this report)||during|the year were as|
|follows:||||||||||
|Nominated||||||||||
|MsEDaniels||||||||||
|Mr AWilson||||||||||
|Ms PMaras||||||||||
|Mr MRoberts||||||||||
|Councillor M Lolavar||||||||||
|Co-opted||||||||||
|MsLNelson (Chair)||||||||||
|MsEFuller||||||||||
|Mr VLawrence||||||||||
|Mr MMoore||||||||||
|Mr C Strong||||||||||
|MsJFarmer||||||||||
|Kx-o8icio||||||||||
|Ms C Smith||||||||||
|Clerk to the Trust|||Ms LClayton|||||||
|Auditor|||Opass Billings Wilson||&Honey LLP|||||
||||Chartered|Certified Accountants||&statutory|auditor|||
||||Numeric House|||||||
||||98 Station|Road||||||
||||Sidcup|||||||
||||Kent|||||||
||||DA15 7BY|||||||
|Bankers|||Lloyds TSBPic|||||||
||||71Lombard Street|||||||
||||London|||||||
||||EC3P3BS|||||||
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|ollowing
grants we|re made during the year:||
|---|---|---|
|Music lessons||76,498|
|Music admin||2,432|
|James Hatful Award||500|
|Necessitous Pupils||1,014|
|John Roan Exhibition||7,000|
|DebateMate||2,150|
|Minibus
(running|costs)|15,000|
|Music instruments||5,000|
|School Capital expenditure||14,493|
|Subject prizes||2,007|
|Ad Hoc Grants||375|
|Further committed|Ad Hoc Grants|22,743|
|Total||149,212|
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|||||||||Period from|
|---|---|---|---|---|---|---|---|---|
|||||||||1Apr 19to|
||||||Year to31Aug 21|||31Aug 20|
||||||Unrestricted|Restricted|||
||||||funds|funds|Total funds|Total funds|
|||||Note|||||
|Income and endowments|||||||||
|Investment|income|||4|444,891||444,891|621,060|
|Total income|||||444,891||444,891|621,060|
|Expenditure|||||||||
|Expenditure|on raising funds:||||||||
|Investment
management|||costs|5|138,008||139,004|221,538|
|Expenditure|on charitable|activities||6,7|221,331||221,331|495,825|
|Total expenditure|||||359,339|996|360,335|717,363|
|Net gains on investments||||||962,930|962,930|333,774|
|Net income|and net movement||in funds||85,552|961,934|1,047,486|237,471|
|Reconciliation offunds|||||||||
|Total funds|brought forward as||previously||||||
|reported|||||211,324|16,008,978|16,220,302|15,844„586|
|Prior year adjustment||||||||138,245|
|Total funds|brought forward as||restated||211,324|16,008,978|16,220,302|15,982,831|
|Total funds|carried forward||||296,876|16,970,912|17,267,788|16,220,302|
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||||||2021|2020|
|---|---|---|---|---|---|---|
|||||Note|E||
|Fixed assets|||||||
|Investments||||13|16,970,912|16,008,978|
|Current assets|||||||
|Debtors||||14|2,017|12,243|
|Cash at bank and in hand|||||323,602|221,769|
||||||325,619|234,012|
|Creditors: amounts|falling due within one year|||15|28,743|22,688|
|Net current assets|||||296,876|211,324|
|Total assets less current||liabilities|||17,267,788|16,220,302|
|Net assets|||||17,267,788|16,220,302|
|Funds ofthe charity|||||||
|Restricted funds|||||16,970,912|16,008,978|
|Unrestricted
funds|||||296,876|211,324|
|Total charity funds
These financiai
statements
||were appmved
|by the board of Trustees|16
and authorised|17,267,788
for issue on|16,220,302
..!K/l/PQ|
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||must be reinvested
within|the fund.|||||
|---|---|---|---|---|---|---|
|4.|Investment
income||||||
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2021|Funds|2020|
|||||f,|||
||Income from investment|properties|443,371|443,371|620,842|620,842|
||Income from listed investments||146|146|218|218|
||Building society interest|receivable|1,374|1,374|||
||||444,891|444,891|621,060|621,060|
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|Investment
management|Investment
management|Investment
management|costs|||||
|---|---|---|---|---|---|---|---|
|2021Costs|||||Unrestricted|Restricted|Total Funds|
||||||Funds|Funds|2021|
|Portfolio management||||||996|996|
|Property management||fees|||42,107||42,107|
|Estate maintenance|costs||||91,497||91,497|
|Insurance costs|||||284||284|
|Finance officer and|clerks||costs||4,120||4,120|
||||||138,008|996|139,004|
|2020 Costs|||||Unrestricted|Restricted|Total Funds|
||||||Funds|Funds|2020|
|Portfolio management|||||1,374||1,374|
|Property management||fees|||61,037||61,037|
|Estate maintenance|costs||||145,566||145,566|
|Insllfailce costs|||||9,728||9,728|
|Finance officer and|clerks||costs||3,833||3,833|
||||||221,538||221,538|
|Expenditure
on charitable|||activities by|fund type||||
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds|2021|Funds|2020|
|Playing Geld expenditure||||60,765|60,765|225,473|225,473|
|Grants to school||||149,212|149,212|229,608|229,608|
|Legal fees||||923|923|22,640|22,640|
|Support costs||||10,431|10,431|18,104|18,104|
|||||221,331|221,331|495,825|495,825|
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|||Activities||||
|---|---|---|---|---|---|
|||undertaken||Total funds|Total fund|
|||directly|Support costs|2021|2020|
|Playing field|expenditure|60,765||60,765|225,473|
|Grants to school||149,212||149,212|229,608|
|Legal fees||923||923|22,640|
|Finance officer and clerks cost|||4,120|4,120|3,833|
|General expenses|||281|281|635|
|Governance|costs||6,030|6,030|13,636|
|||210,900|10,431|221,331|495,825|
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|Analysis of|governance|costs|||||
|---|---|---|---|---|---|---|
|||||Legal and|||
|||||professional|||
||||Audit|fees|Total 2021|Total 2020|
|Governance|costs||6,000|30|6,030|13,636|
|Net gains on investments|||||||
||||Restricted|Total Funds|Restricted|Total Funds|
||||Funds|2021|Funds|2020|
|Unrealised|Gains/(losses)|on investment|||||
|property|||870,174|870,174|301,549|301,549|
|Unrealised|Gains/(losses)|on listed|||||
|investments|||93,051|93,051|32,203|32,203|
|Realised Gains/(losses)||on listed|||||
|investment|||(295)|(295)|22|22|
||||962,930|962,930|333,774|333,774|
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||Period &om|
|---|---|
|Year to|1Apr 19to|
|31Aug 21|31Aug 20|
|f.||
|6,000|6,600|
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||Cash orcash|Listed|Investment||
|---|---|---|---|---|
||equivalents|investments|properties|Total|
|Cost orvaluation|||||
|At 1 September 2020|912|469,249|15,538,817|16,008,978|
|Additions|573|190,344||190,917|
|Disposals|(996)|(191,212)||(192,208)|
|Pair value movements||93,051|870,174|963425|
|At31August 2021|489|561,432|16,408,991|16,970,912|
|Impairment|||||
|At 1September 2020 and|||||
|31August 2021|||||
|Carrying
amount|||||
|At31August 2021|489|561,432|16,408,991|16,970,912|
|At 31August 2020|912|469,249|15,538,817|16,008,978|
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|14.|Investments
are all li
stock exchange.
Debtors|sted in the United Kingdom
(except where st|ated) and are dealt with on a|recognised|
|---|---|---|---|---|
||||2021|2020|
||Peter James Property|Retained Funds|2,017|12,243|
|15,|Creditors: amounts|falling due within one year|||
||||2021|2020|
||Accruals and deferred|income|28,743|22,688|
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##
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|Analysis ofnet assets between funds||||
|---|---|---|---|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2021|
|Investments||16,970,912|16,970,912|
|Current assets|296,876||296,876|
|Net assets|296,876|16,970,912|17,267,788|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2020|
|||S||
|Investments||16,008,978|16,008,978|
|Current assets|211,324||211,324|
|Net assets|211,324|16,008,978|16,220,302|