KING JAMES'S SCHOOL FOUNDATION
ANNUAL REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024

KING JAMES'S SCHOOL FOUNDATION
Charity name and number
King James's School Foundation: registered charily number 505999.
Correspondence address
clo Clerk to the Trustees, 39, St. Georges Road, Scholes, Holmfirth. HD9 1 UQ.
Trustees
Janet Cockroft (Chairman)
Keith Crawshaw
Andrew Haigh
Christopher Mann
Patrick O'Brian
Walter Raleigh
John Richard Taylor
Cllr Paola Davies
Michael Wilson
Clerk to the Trustees
Antony Haigh
Professional advisers
Bankers: CAF Bank Ltd., 25, Kings Hill Avenue, Kings Hill, West Malling. Kent. ME19
4JQ
Independent Examiner: Louise Savage FCCA, Orchard House, 347c, Wakefield
Road, Denby Dale, Huddersfield. HD8 8RT.

Report of the Trustees of the King James's School Foundation
for the year ended 31 March 2024
History and Objectives
The Charity was established in 1608 and its assets have been subject to various ad-
ditions since that time. It is currently governed by a scheme sealed by the Charity
Commissioners on 17 September 2001 which details Ihe objects of the Charity as
follows:_
1) to continue to permit the land containing 1.132 hectares or thereabouts, situate at
Almondbury in the County of West Yorkshire, together with the buildings thereon,
to be appropriated and used for the purposes of the school called King James's
School,
2) to provide items, services and facilities for King James's School, or to assist in the
provision thereof, as may be agreed with the School Governors, to advance ed-
ucation,
3) to promote the education of individual pupils attending the School at the lime of
their application for assistance, in such ways as the Trustees think fit,
4) to promote the education of persons who are under age 25 years who are resi-
dent in the Ancient Parish of Almondbury, in such charitable ways as the Trustees
think fit.
Appointment of Trustees
Three of the Truslees are nominated by The Old Almondburian's Society, Kirklees
Metropolitan Council and the School Governors, one each. Five additional Trustees
are co-opted. all serve for fouT year periods.
Financial Review
During the year a donation of £20,152 (2023: £10,868) was made to King James's
School towards the cost of running the mini bus. music lessons and supporting the
new rewards system. No forrnal reserves policy exists.
Public benefit statement
The Trustees have paid due regard to the Charity Commission Public Benefit guid-
ance and have complied with s.4 of the Charities Act 2006.
Risk Management
The major risks to which the Foundation is exposed, as identified by the Trustees,
have been reviewed and systems have been established to manage those risks,

Report of the Trustees of the King James's School Foundatlon
for the year ended 31 March 2024 (cont.)
Statement of trustees. responsibilities
The law applicable to charities in England and Wales, The Charities Act 1993 (Ac-
counts and Reports) Regulations 2008 and the provisions of the trust scheme re-
quires the trustees to prepare financial accounts for each financial year which show
a true and fair view of the incorning resources and application of resources during
the year and of the charity's state of affairs at the end of the financial year. In prepar-
ing those financial accounts, the Trustees are required to'.-
1) select suitable accounting policies and apply them conslstently.,
2) make judgements and estimates which are reasonable and prud8nt;
3) state whether applicable accounting slandards and statements of recommended
practice have been followed, subject to any departures disclosed and explained
in the financial accounts; and
4) prepare the financial accounts on the going concern basis unless it is inappropri-
ate to presume that the charity will continue in operational existence.
The Trustees are responsible for keeping proper accounting records which disclose,
with reasonable accuracy at any time, the financial position of the charity and to en-
able them to ensure that the financial accounts comply with the Charities Act 1993.
They are also responsible for safeguarding the assets of the charily and hence for
taking reasonable steps for the prevention and detection of fraud and other irregulari-
ties.
Signed on behalf of the Trustees by:
Janet Cockroft ( Chairman )

Independent Examiner's Report to the Trustees
of King James's School Foundation
I report on the accounts of the Charity for the year ended 31 March 2024 which are
set out on pages 5 to 8.
Respectlve responsibilitiies of trustees and examiner
The Foundation's Trustees are responsible for the preparation of the aGcounts and
they consider that an audit is not required for this year (under section 43 (2) of the
Charities Act 1993 (the 1993 Act) and that an independent examination is required.
It Is my responsibility to-.
1 } examine the accounts (under section 43 (3)(a) of the 1993 Act),,
2) follow the procedures laid down in the General Directions given by the Charity
Commission (under section 43 (7)(b) of the 1993 Act), and
3) state whether particular matters have come to my attention.
Basis of Independent Examiner's Report
My examination was cariied out in accordance with the General Directions given by
the Charity Commission. An examination includes a review of the accounting
records kept by the Charity and a comparison of the accounts presented with those
records. It also includes consideration of any unusual items or disclosures in the
accounts, and seeking explanations from you concerning any such matters. The pro-
cedures undertaken do not provide all the evidence that would be required in an
audit and I consequently do not express an audit opinion on the view given by Ihe
accounts.
Independent Examiner's Report
In connection with my examination, no matters have come to my attention:
1) which give me reasonable cause to believe that in any material respect the
requirements,
a) to keep accounting records in accordance with section 41 of the 1993 Act, and
b) to prepare accounts which accord with the accounting records and comply with
the accounting requirements of the 1993 Act have not been met; or
2) to which, in my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Louise Savage FCCA
Orchard House
347c Wakefield Road
Huddersfield
HD8 8RT

KING JAMES'S SCHOOL FOUNDATION
Statement of Financial Activities for the year ended 31 March 2024
2022123
Noles
Unrestricted Permanent 2023124
Incom8
Fund
Endowment
Fund
Total
Funds
Total
Funds
Incomlng resources
Investment incom8
Rent
Cricket field InGome
2,571
106,300
2,571
106.300
505
105,286
100
Total Incoming resources
108,871
108,871
105,891
Rèsources expended
Activitie5 in furtherance of
the charitable objectives
Management and administration
Cricket field expenditure
(20,152)
(30,0911
11,3521
(20,152) (13,618)
(30,091) (82,423)
11,352)
12,814)
Total resources expendod
(51,595)
151,595) (98,855)
Net movement In funds
57,276
57,276
7,036
Fund balances brought forward al 1 April 2023
274,793 1.674,162 1,948,955 1,941,919
Fund balances carried forward
at 31 MarGh 2024
332,069 1,674.162 2,006,231 1.948,955

KING JAMES'S SCHOOL FOUNDATION
Balance Sheet as at 31 March 2024
Notes
2024
2023
Fixed assets
Property
1,860,237
1,860,237
1,860,237
1 ,860,237
Current assets
Bank account - Current
Bank account - Deposit
Insurance prepayment
10
147,136
1.518
10
89,917
1,461
148,664
91,388
Current Ilabllltles
Amounts falling due within one year
(2,670)
(2,670)
Net current assets
145,994
88,718
Total assets
2,006,231
1,948,955
Represented by:"
Capital Funds
Permanent endowment fund
Unrestricted income fund
1,674,162
332,069
1,674,162
274,793
Total Funds
2,006,231
1,948,955
The financial accounts on pages 5 to 8 were approved by the Trustees on
and signed on their behalf by.
Janet Cockroft ( Chairman }

KING JAMES'S SCHOOL FOUNDATION
Notes to the accounts for the year ended 31 March 2024
1) Accounting policles and practice
a)The financial accounts have been prepared under the historical cost convention
and on an accruals basis. They have been prepared in accordance with the State-
ment of Recognised Practice.. Accounting and Reporting by Charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK
and RepLJblic of Ireland (FRS 102) issued on 16 July and with the Charities Act 2011.
b)The endowment of the charity is a permanent endowment to be retained as in-
vestments to create incom6. The investments rnay be varied as desired and any re-
alised gains or losses are adjusted on the funds in proportion to the balances at the
beginning of the year.
2) Taxation
The charity is a registered charity and accordingly is exempt from taxation on its in-
come and gains where they are applied for charitable purposes.
2024
2023
3) Investment Income
Bank Interest
2,571
505
2,571
505
4) Activitles In furtherance of the charitable objectlves
The total amount of grants paid {analysed between
institutional grants and grants to individuals) was
as follows:_
Institutions
Individuals
20,152
13,118
500
20,152
13,618

KING JAMES'S SCHOOL FOUNDATION
Notes to the accounts for the year ended 31 March 2024
2024
2023
S) Management and administration
Property management
Property repairs and professional fees
Insurance
Clerk's fee
other administration costs
6,776
14,464
2,980
4,000
1,873
7,165
66,665
2,708
4,000
1,885
30,091
82,423
6) Property
The Foundation owns various lenanted properties in Almondbury and these
are shown at historical cost. The market value of these interests is believed to
be in excess of £2,500,000.
7) Current Ilabllltles
Amounts falling due wlthln one year
2024
2023
Independent examinerfs fee
Rent
1.920
750
1,920
750
2,670
2,670