| Statement o | f Financial | Activities | for the yea | r ended 31 | March 20 | 22 |
|---|---|---|---|---|---|---|
| Notes | Unrestricted | Permanent | 2021/22 | 2020/21 | ||
| Income | Endowment | Total | Total | |||
| Fund | Fund | Funds | Funds | |||
| Incoming resources5 Investment income |
588 | 588 | 9,618 | |||
| Sundry income Rent |
90,800 | 90,800 | 16,100 | |||
| Cricket field income | 322 | 322 | ||||
| Total Incoming resources | 91,710 | 91,710 | 25,718 | |||
| Resources expended | ||||||
| Activities in furtherance |
of | |||||
| the charitable objectives |
(11,651) | (11,651) | (9,361) | |||
| Management and administration |
(62,164) | (62,164) | (50,721) | |||
| Cricket field expenditure | (3,109) | (3,109) | (2,564) | |||
| Total resources expended | (76,924) | (76,924) | (62,646) | |||
| Net incoming resources |
14,786 | 14,786 | (36,928) | |||
| Share of investment gains |
1,915 | 12,671 | 14,586 | 46,786 | ||
| Net movement in funds |
1,6701 | 12,671 | 29,372 | 9,858 | ||
| Fund balances brought |
forward at 1 | April 2021 | 251,056 | 1,661,491 | 1,912,547 | 1,902,689 |
| Fund balances carried | forward | |||||
| at 31 March 2022 | 267,757 | 1,674,162 | 1,941,919 | 1,912,547 |
| KI | NG JAMES'S S | CHOOL FOUNDATION | CHOOL FOUNDATION | ||
|---|---|---|---|---|---|
| Balance Sheet | as at 31 March 2022 | ||||
| Notes | 2022 | 2021 | |||
| Fixed assets | |||||
| Property | 6 | 1,860,237 | 1,700,111 | ||
| Investments | 7 | 92,347 | |||
| 1,860,237 | 1,792,458 | ||||
| Current assets | |||||
| Bank account | - Current | 10 | 10 | ||
| Bank account | - Deposit | 84,696 | 119,190 | ||
| Insurance prepayment |
1,246 | 3,256 | |||
| 85,952 | 122,456 | ||||
| Current liabilities |
|||||
| Amounts falling due within one year |
8 | (4,270) | (2,367) | ||
| Net current assets | 81,682 | 120,089 | |||
| Total assets | 1,941,919 | 1,912,547 | |||
| Represented | by:- | ||||
| Capltal Funds | |||||
| Permanent endowment |
fund | 1,674,162 | 1,661,491 | ||
| Unrestricted | income fund | 267,757 | 251,056 | ||
| Total Funds | 1,941,919 | 1,912,547 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| 3) Investment Income |
|||||||
| Investec Portfolio | 575 | 9,450 | |||||
| Bank Interest | 13 | 168 | |||||
| 588 | 9,618 | ||||||
| 4)Activities in furtherance |
ofthe charitable objectives | ||||||
| The total amount | ofgrants | paid (analysed | between | ||||
| institutional grants |
and grants to individuals) | was | |||||
| as follows:- | |||||||
| Institutions | 10,151 | 9,361 | |||||
| Individuals | 1,500 | ||||||
| 9,361 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| 6 | E | ||||||
| 5) | Management | and administration | |||||
| Property | management | 8,075 | 2,370 | ||||
| Investment | management | 446 | 2,425 | ||||
| Property | repairs and | professional | fees | 42,381 | 34,545 | ||
| Insurance | 5,615 | 5,511 | |||||
| Clerk's fee | 3,700 | 4,000 | |||||
| Other administration | costs | 1,947 | 1,870 | ||||
| Donations | returned | ||||||
| 62,164 | 50,721 |
| 7) | Investments | Movement | Movement | Net | Market | |||
|---|---|---|---|---|---|---|---|---|
| Cost b/f | in year | gains | Cost c/f | value | ||||
| Investec | ||||||||
| Portfolio | 92,347 | (106,933) | 14,586 | |||||
| 8) | Current liabilities |
2022 | 2021 | |||||
| Amounts falling |
due within | one | year | 6 | ||||
| Clerk's fee | 1,600 | 300 | ||||||
| Investment | management | fees | 147 | |||||
| Independent | examiner's | fee | 1,920 | 1,920 | ||||
| Rent | 750 | |||||||
| 4,270 | 2,367 |