2022-08-31-accounts - St Benedict's Rc High School Fund

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TRUSTEES ANNUAL REPORT ENDING 31/08/2022 ST BENEDICTS HIGH SCHOOL

CHARITY NUMBER 506088

TRUSTEES:

Laura Thomson

ADDRESS:

RED LONNING WHITEHAVEN CUMBRIA CA28 8UG

DAY TO DAY ADMINISTRATION OF ACCOUNT:

Mrs Laura Thomson (Finance Manager)

BANK DETAILS:

LLOYDS BANK PENRITH (sort code 30-16-28 A/c No. 0592368)

AUDITOR: ARMSTRONG WATSON

Purpose:

THE MAIN ACTIVITIES OF THE ACCOUNT INCLUDE:

DEVOLVED FORMULA CAPITAL (DFC)
PUPIL/STAFF PARTIES
SCHOOL EDUCATIONAL VISITS
DONATIONS
FUND RAISING
FLOWERS/GIFTS
MISCELLANEOUS

1. DEVOLVED FORMULA CAPITAL (DFC)

The money received from the Diocese is ring fenced for any capital building works and computer hardware/software purchases to improve the school. Since the school’s external audit, we have now been advised this money is now to be transferred to the budget account. The total DFC funds of £45,729.36 were transferred to the budget account initially. We also then received a sum of £25,600.73 which was also transferred leaving a zero balance in the school fund account of DFC capital funds.

2. PUPIL/STAFF PARTIES

Organised parties include the Year 11 prom and the Year 13 leavers prom for students who are leaving. There was a total of £4,410.59 received towards the cost of the parties and £3056.20 paid out to suppliers this year.

3. EDUCATIONAL VISITS

Various trips nationwide and abroad take place every year including Rome, Italy ski trip and Castlerigg. The funds are received from ParentPay and then paid for from the school fund account. A total of £15,567.20 was received this year towards trips and £11,281.00 was paid out.

4. DONATIONS

We only receive small donations – these include commission from our school photographers which totalled £500.04 this year. The school sometimes donates small amounts to students who incur a large cost for overseas visits which do not relate directly to the school.

5. FUND RAISING

The school regularly organises various activities/events to raise money for a wide range of charities. Each year group now has their own chosen charity that they fundraise for. Some of this year’s activities included non-uniform days, cake sales and quizzes. The total amount fundraised this year was £2707.46. Mary’s Meals, West Cumbria Carers, Breast & prostate Cancer UK, and the British Ukrainian Aid were the main beneficiaries this year.

6. FLOWERS/GIFTS

We occasionally arrange gifts for staff members, bereaved parents etc

7. MISCELLANEOUS

Anything not relating to anything specific e.g., student school hoodies, tickets for shows, yearbook and school tie purchases. We also receive funds from ParentPay for calculators, revision books, food ingredients and music tuition which is then transferred to the budget account to offset the costs paid from there.

BANK INTEREST

£9.19 gross interest received – no charges.

Enclosed:

1. Detailed transaction lists

2. Signed summary transactions

3. Copy Bank statements

4. Supporting invoices/receipts on request Signed Dated

Balance sheet of accounts September 202- August 2022

Opening balance Receipts Bank interest Misc Formula Capital Food Receipts Prom receipts Fundraising Educational trips Books Uniform sales Guitar payments Rock Challenge School show Leavers prom Yr13 Hoodies Yearbook Tanzanian Calculators Costa Rica Payments Misc Formula Capital service fee Food Payments Prom payments Fundraising Educational trips Books Uniform Rock Challenge School show Leavers prom Yr13 Hoodies Tanzanian Costa Rica Calculators flowers Bank Interest Misc Service fee Formula Capital Food Payments Prom payments Fundraising Educational trips Books Uniform Guitar Payments Rock Challenge School show Leavers prom Yr13 Hoodies	Total receipts Total Payments Closing balance Balance b/fwd 81.36 3230.58 -94.27 51565.68 6137.80 793.90 3799.65 -14765.48 646.03 123.50 1692.40 -241.96 -477.77 3950.88 -1723.83	Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 114678.27 115808.59 123658.48 113815.57 116326.03 72303.27 74714.24 73777.8 75610.08 69191.8 67488.34 65857.3 0.91 0.99 0.97 0.98 1.02 0.78 0.58 0.67 0.58 0.58 0.61 0.52 60.00 324.48 235.56 60.00 25.00 1105.00 247.00 20.00 648.48 25600.73 3660.00 1370.00 895.00 255.00 440.00 220.00 20.00 20.00 20.00 465.95 2295.00 180.00 15.00 15.00 508.21 830.29 1038.66 330.30 772.20 2159.00 2175.00 2680.00 2390.00 2130.00 2071.00 294.00 432.00 464.00 202.40 35.00 50.00 45.00 15.00 35.00 35.00 75.00 65.00 75.00 70.00 37.50 60.00 360.00 58.50 180.00 480.00 465.95 170.00 480.00 30.00 293.69 844.80 1459.20 57.60 765.15 56.00 56.70 320 310.00 140.00 70.00 105.00 170.00 110.00 100.00 100.00 330.00 234.00 75.00 1188.11 7944.58 4379.45 4726.83 2956.02 3795.78 6036.38 1859.87 3260.43 27270.16 1569.41 115.52 40.00 235.00 70.00 438.00 130.00 247.00 6484.80 45729.36 25600.73 17.79 94.69 56.92 56.37 40.13 58.88 93.82 27.59 14.71 25.29 14.45 1.46 40.00 6775.00 24.00 24.00 89.20 2919.00 116.50 731.29 339.45 970.00 1965.00 808.00 104.00 7184.00 250.00 240.00 216.00 264.00 410.00 2100.00 1295.14 107.93 2404.95 4800.00 10.00 20 125.00 57.79 94.69 14222.36 2216.37 46978.78 1384.81 6972.82 27.59 9678.71 28973.62 3200.45 1.46
		115808.59 123658.48 113815.57 116326.03 72303.27 74714.24 73777.80 75610.08 69191.80 67488.34 65857.30 65971.36
		82.27 83.26 84.23 85.21 86.23 87.01 87.59 88.26 88.84 89.42 90.03 90.55 3250.58 3575.06 3340.06 3505.62 3067.62 3067.62 3127.62 3152.62 4127.62 4127.62 4127.62 4147.62 -112.06 -206.75 -263.67 -320.04 -360.17 -419.05 -512.87 -540.46 -555.17 -580.46 -594.91 -596.37 51565.68 51565.68 45729.36 45729.36 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6137.80 9797.80 11167.80 12062.80 12277.80 12717.80 6162.80 6162.80 6182.80 6182.80 6202.80 6222.80 793.90 1259.85 1235.85 1235.85 1235.85 1235.85 3530.85 3710.85 3701.85 3627.65 708.65 708.65 3799.65 4307.86 4191.36 5021.65 4290.36 4290.36 4290.36 4290.36 5329.02 4989.57 5319.87 5319.87 -13993.28 -11834.28 -10629.28 -9914.28 -7524.28 -6202.28 -4235.28 -4235.28 -11125.28 -10943.28 -10479.28 -10479.28 646.03 646.03 646.03 646.03 646.03 646.03 646.03 646.03 848.43 848.43 848.43 848.43 158.50 208.50 13.50 28.50 63.50 98.50 173.50 238.50 97.50 -96.50 -59.00 -59.00 1692.40 1692.40 1692.40 1692.40 1692.40 1752.40 2112.40 2112.40 2170.90 2170.90 2350.90 2350.90 -241.96 -241.96 -241.96 -241.96 -241.96 -241.96 -241.96 -241.96 -241.96 -241.96 -241.96 -241.96 -477.77 -477.77 -477.77 -477.77 -477.77 -407.77 -407.77 -407.77 -407.77 -407.77 -407.77 -407.77 3950.88 4416.83 4416.83 4416.83 4586.83 5066.83 5066.83 5096.83 3290.52 3290.52 3290.52 3290.52 -1723.83 -1723.83 -3018.97 -3018.97 -3018.97 -3126.90 -2282.10 -822.90 -765.30 -2405.10 -2349.10 -2349.10

Yearbook
780.00
Tanzanian
6891.00
Calculators
280.00
Costa Rica
920.73
flowers
-220.00
balance prior 2018
51308.07
Closing Balance at month end
114678.27
Bank rec completed
Signed
Signed

780.00
780.00
780.00
780.00
780.00
780.00
780.00
780.00
780.00
836.70
836.70
836.70

6891.00
6891.00
2091.00
2091.00
2091.00
2091.00
2091.00
2091.00
2091.00
2091.00
2091.00
2091.00

600.00
910.00
1050.00
1120.00
1225.00
1395.00
1505.00
1605.00
1695.00
2025.00
2239.00
2314.00

920.73
920.73
920.73
920.73
920.73
920.73
920.73
920.73
920.73
920.73
920.73
920.73

-220.00
-220.00
-220.00
-345.00
-345.00
-345.00
-345.00
-345.00
-345.00
-345.00
-345.00
-345.00

51308.07
51308.07
51308.07
51308.07
51308.07
51308.07
51308.07
51308.07
51308.07
51308.07
51308.07
51308.07

115808.59
123658.48
113815.57
116326.03
72303.27
74714.24
73777.80
75610.08
69191.8
67488.34
65857.3
65971.36
26/10/2021
14/11/2021
06/12/2021
06/01/2022
02/02/2022
04/03/2022
06/04/2022
04/05/2022
07/06/2022
04/07/2022
10/08/2022
09/09/2022
L Bell - 26/10/2021
L Bell - 14/11/2021
L Bell - 06/12/2021
L Bell- 06/01/2022
L Bell 02/02/2022
L Bell 04/03/2022 L Bell 06/04/2022
L Bell 04/05/2022
L Bell 07/06/2022
L Bell 04/07/2022 L Bell 10/08/2022 L Bell 09/09/2022
E Jackson - 27/10/202 E Jackson- 14/11/2021
E Jackson- 07/12/2021 E Jackson - 07/01/2022 E Jackson- 04/02/2022E Jackson 05/03/2 E Jackson 06/04/2022
E Jackson 04/05/20 E Jackson 07/06/202E Jackson 04/07/2 E Jackson 08/09/2E Jackson 09/09/2022

Mrs Thomson St Benedict’s Catholic High School Red Lonning Whitehaven Cumbria CA28 8UG

Date: 03 March 2023 Please ask for: Adam Pattison Our Ref: 2229/18/(32252)/AP Your Ref: T: 01900 310440

e: Adam.pattison@armstrongwatson.co.uk

Dear Mrs Thomson

St Benedict’s School Fund

Armstrong Watson has examined the books and records of the St Benedict’s School Fund for the year to 31 August 2022. Income and Expenditure appears to be in line with the underlying records and expenditure incurred during the year appears to have been expended in accordance with the purpose of the fund and in line with Governor’s instructions.

However, we did find one fundamental issue for the year in question:

In the past money received from the DFE was not transferred to the Budget account. This has been corrected and all money has been transferred to the correct account.

There are no other matters in respect of the maintenance of the accounting records or in the preparation of the Income and Expenditure Account.

Yours sincerely

Adam Pattison Accounting Senior Manager Armstrong Watson LLP

Armstrong Watson LLP 8 & 9 Europe Way Marvejols Business Park Cockermouth Cumbria CA13 0RJ

T: 01900 310440 (AW) 01900 310430 (AWFP) F: 01900 310431

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