King James’s School Fund Examiners Report Year Ended 31 March 2025
Registered charity number 515466 KJS
Accounts and examiner’s report prepared by:
Justin Waters — Director of Business Services — Treasurer
Independent examiners report prepared Peter Walker (Accountant)
Trustees
Malcolm Dawson
lan Yapp Andrew Howard Brian Horner Kathryn Stephenson
Responsibility of the Trustees
The Trustees are responsible for preparing the Trustee's Annual Report and financial statements in accordance with applicable laws and regulations. In preparing the financial statements, the Trustees are required to:
- e select suitable accounting policies and then apply them consistently. e observe the methods and principles in the charity Statement of Recommended Practice (SORP). ° make judgements and estimates that are reasonable and prudent. ¢ prepare the financial statements on a going concern basis, unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy (at any time) the financial position of the charity. The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Trustee consideration
The charity’s Trustees consider that an audit is not required for this year (under section 130, 144 (2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. The threshold is £1M income or gross assets over £3.26M and income over £250K.
Activities - how the charity spends its money
KJS The charity is used to advance the education of pupils by providing and assisting in the provision of facilities for the education of pupils at the school, not normally provided by the local authority.
Charitable objects
KJS
Advancing the education of pupils by providing and assisting in the provision of facilities for the education of pupils at the school, not normally provided by the local authority.
Other regulators
;
No known regulators.
Fundraising
This charity raises funds from the public but does not work with professional fundraisers or commercial participators.
Policies
No policies were declared.
Land and property This charity does not own or lease land or property.
Gift Aid
KJS is recognised by HMRC for Gift Aid.
Financial summary
The KJS balances are presented below.
| 2023-24 c/f | 2024-25 c/f | Difference | |
|---|---|---|---|
| Holding Accounts Balance School Fund Account Balance |
83611.77 89745.93 |
59376.32 | 69585.75 |
| 173357.70 | _128962.07 | _—-44395.63 |
|AccountBalancesasat31.03.25from CFRReport
106(E06~——([Grants (Ringfenced)
08[E08__[Student Facilities
ios |
[catering (w/a)
2
{E1——
[Trips(Committed)|Income
-899,84
-1208.00
[o00f
-516158.22||Exp
Total
156.42
-743.42
179.07
-1028.93
0000.00
_494487.21]
__-21671.01|Exp
Total
156.42
-743.42
179.07
-1028.93
0000.00
_494487.21]
__-21671.01|
|---|---|---|---|
|School Fund Donations
Communityfocused school funding and/orgrants (Ringfenced)|-1717.00
-16861.56|1717.00|
9254.36|———0.00|
-7607.20|
|Student Events|-8346.85|5033.00|-3313.85|
|Charitable Events|-10930.74|3926.51|-7004.23|
|School Events/Fundraising|-26796.14||_22606.13||-4190.01|
|OtherIncome&Expenditure
-9249.60
ise
NearAc
unts
—C—“~SCSSSC'8BD
Department Fundraising
-54244.55|
9
|E9__[School Fund Balance (Uncommitted)
-181514.15]||9249.60,
756.16|
40644.14]
_111928.40||——0.00
__-217.26
—-13600.41
__-69585.75|
||-828900.07|699938.00|-128962.07|
Auditor’s Statement
Auditor's Statement
I have examined the books and records of the School Fund accounts. In my opinion, the accounts for the period ended 31 March 2025 as shown above have been properly prepared on the basis of the information and explanations supplied to me.
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Signed onli NS (Auditor)
3 / a / ne va “
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Respective responsibilities of Trustees and treasurer
You should consider that the audit requirements of section 43(2) of the Charities Act 1993 (the Act) does not apply and are satisfied with the independent examination of the accounts. It is my responsibility to state, based on procedures specified in the General Directions given by the Charity Commissioners under section 43(7) b of the Act, whether particular matters have come to my attention.
Basis of examiner's report by the treasurer
The examination was carried out in accordance with the General Directions given by the Charity Commission. An independent examination included 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 as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, | do not express an audit opinion on the view given by the accounts. No material analysis of beneficiaries was taken into consideration.
Independent examiner's statement by the Treasurer
| found no elements which give me reasonable cause to believe that a material failure occurred within the agreed accounting procedure and delegated authorisation. | believe the accounting records and financial safeguards to be appropriate and in accordance with Section 41 of the Act.
Recommendations
In connection with my examination, two matters came to my attention.
1) The Trustees should consider aligning the charitable objects and statements of activities.
Trustee Consideration
At the upcoming Executive Finance Committee meeting, Trustees will be requested to provide feedback and comment on the report before approving the accounts.
ON BEHALF OF THE TRUSTEES
Name: Py ido Rw € & Signature: ‘ SH rom Date:!</ 4 AS Name: e. OU Segre Signature: (2 AVN“Du AWA tA A Date: (3 la Zs
Justin Waters Director of Business Services 28/08/2025
KING JAMES'S SCHOOL, KNARESBOROUGH
SCHOOL FUND 2024-25
BALANCE SHEET AS AT 31 MARCH 2025
. School Fund as at 31 March 2024
Minus: Excess of Payments over Receipts on Holding Accounts Minus: Excess of Payments over Receipts on School Fund Accounts
£ £ 173,357.70 -24,235.45 -20,160.18
School Fund as at 31 March 2025
128,962.07
Represented by: (Assets & Liabilities) Current Account at 31 March 2025 Plus: Petty Cash Minus: Unreconciled Expenditure Plus: Unreconciled Income Minus: Creditors balance
123,362.37 “ Plus 586.58 Minus 89.22 Plus 6,008.50 | Minus 906.16
128,962.07
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----- Start of picture text -----
Prepared By wes niv PHAAa ea sense (Finance Manager)
Date smasenuse L4el25
Signed er (Treasurer and Trustee)
Date wenn SMM BB cee
----- End of picture text -----
Auditor's Statement
I have examined the books and records of the School Fund accounts. In my opinion, the accounts for the period ended 31 March 2025 as shown above have been properly prepared on the basis ofthe information and explanations supplied to me.
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----- Start of picture text -----
Signed srsvecseceed fomrorrsn NF (Auditor)
Date - / 7
ond LE LIS.
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KING JAMES'S SCHOOL, KNARESBOROUGH
SCHOOL FUND 2024-25
YEAR ENDED 31 MARCH 2025
| HOLDING ACCOUNTS | |||||
|---|---|---|---|---|---|
| £ | £ | ||||
| Brought Forward | 83,611.77 | ||||
| Plus: Excess ofReceipts over Payments | 0.00 | ||||
| Minus: Excess ofPayments over Receipts | 24,235.45 | ||||
| Carry Forward | 59,376.32 | ||||
| 59,376.32 | 59,376.32 | ||||
| SCHOOL FUND | |||||
| Brought Forward | 89,745.93 | ||||
| Plus: Excess ofReceipts over Payments | 0.00 | ||||
| Minus: Excess ofPayments over Receipts | 20,160.18 | ||||
| CarryForward | 69,585.75 | ||||
| 69,585.75 | 69,585.75 | ||||
| TOTALS | |||||
| Brought Forward | 173,357.70 | ||||
| Minus: Excess ofPayments over Receipts | -24,235.45 | ||||
| Minus: Excess ofPayments over Receipts | -20,160.18 | ||||
| Carry Forward | 128,962.07 | ||||
| 128,962.07 | 128,962.07 | ||||
| 2023-24 c/f | 2024-25 c/f | Difference | |||
| Holding Accounts Balance | 83611.77 | 59376.32 | -24235.45 | ||
| School Fund Account Balance | 89745.93 | 69585.75 | -20160.18 | ||
| 173357.70 | _128962.07 | -44395.63 | |||
| Account | Balances as at31.03.25 from CFR Report | Income | Exp | Total | |
| jwos__fe06[Grants (Ringfenced) 08[E08 ———[StudentFacilities loo |
Catering (N/A) Trips (Committed) |
-899.84 -1208.00 00] -516158.22 |
|||
| School Fund Donations | -1717.00 | 1717.00]___0.00] | |||
| Communityfocused school funding and/or grants (Ringfenced) | -16861.56 | 9254.36 | -7607.20 | ||
| -8346.85 | 5033.00] | ||||
| 3 [£3 [CharitableEvents 14 e4_————[Sc ool Ev nts/Fundraising OtherIncome&Expenditure 6 fee [YearAccounts CT Department Fundraising |
-10930.74 26796.14 |
-9249.60 -973.42 |
-54244.55 |
||
| 9‘ [€9 —_ |
School Fund Balance (Uncommitted) | -181514.15] | _111928.40 | ||
| -828900.07 | 699938.00 | -128962.07 |
King James's School Fund CFR Balances Report
| Opening Balances | Opening Balances | ||
|---|---|---|---|
| “©=5 | Opening Pupil Focused Revenue Balance | £0.00 | |
| Opening BalancesTotal | £0.00 | ||
| Income | |||
| QE | Grants Income | -£899.84 | |
| — | 108 | Student Facilities Income | -£1,208.00 |
| tos | Income from catering | £0.00 | |
| E | Trip Income (Committed) | -£516,158.22 | |
| as | School Fund Donations Income | -£1,717.00 | |
| 16 | Community focused school funding and/or grants Income | -£16,861.56 | |
| =~ _ |
Student Events Income | -£8,346.85 | |
| 3 | Charitable Events Income | -£10,930.74 | |
| School Events/Fundraising Income | -£26,796.14 | ||
| 5 | Other Income | -£9,249.60 | |
| 6 | Year Accounts Income | -£973.42 | |
| eas | Department Fundraising Income | -£54,244.55 | |
| iS | School Fund Income | -£181,514.15 | |
| Income Total | -£828,900.07 | ||
| Expenditure | |||
| E06 | Grants Expenditure | £156.42 | |
| E08 | Student Facilities Expenditure | £179.07 | |
| E41 | Trip Expenditure (Committed) | £494,487.21 | |
| E13 | School Fund Donations Expenditure | £1,717.00 | |
| E16 | Community focused school funding and/or grants Expenditure | £9,254.36 | |
| E19 | ** DNU ** Learning resources | £0.00 | |
| E2 | Student Events Expenditure | £5,033.00 | |
| E22 | ** DNU ** Administrative supplies | £0.00 | |
| E3 | Charitable Events Expenditure | £3,926.51 | |
| E4 | School Events/Fundraising Expenditure | £22,606.13 | |
| E5 | Other Expenditure | £9,249.60 | |
| E6 | YearAccounts Expenditure | £756.16 | |
| E7 | Department Fundraising Expenditure | £40,644.14 | |
| E9 | School Fund Expenditure | £111,928.40 | |
| Expenditure Total | £ | ||
| ~t | -128962.07 | ||
| A“1S |
KING JAMES'S SCHOOL, KNARESBOROUGH
SCHOOL FUND 2024-25
BALANCE SHEET AS AT 31 MARCH 2025
. School Fund as at 31 March 2024
Minus: Excess of Payments over Receipts on Holding Accounts Minus: Excess of Payments over Receipts on School Fund Accounts
£ £ 173,357.70 -24,235.45 -20,160.18
School Fund as at 31 March 2025
128,962.07
Represented by: (Assets & Liabilities) Current Account at 31 March 2025 Plus: Petty Cash Minus: Unreconciled Expenditure Plus: Unreconciled Income Minus: Creditors balance
123,362.37 “ Plus 586.58 Minus 89.22 Plus 6,008.50 | Minus 906.16
128,962.07
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----- Start of picture text -----
Prepared By wes niv PHAAa ea sense (Finance Manager)
Date smasenuse L4el25
Signed er (Treasurer and Trustee)
Date wenn SMM BB cee
----- End of picture text -----
Auditor's Statement
I have examined the books and records of the School Fund accounts. In my opinion, the accounts for the period ended 31 March 2025 as shown above have been properly prepared on the basis ofthe information and explanations supplied to me.
==> picture [234 x 38] intentionally omitted <==
----- Start of picture text -----
Signed srsvecseceed fomrorrsn NF (Auditor)
Date - / 7
ond LE LIS.
----- End of picture text -----
KING JAMES'S SCHOOL, KNARESBOROUGH
SCHOOL FUND 2024-25
YEAR ENDED 31 MARCH 2025
| HOLDING ACCOUNTS | |||||
|---|---|---|---|---|---|
| £ | £ | ||||
| Brought Forward | 83,611.77 | ||||
| Plus: Excess ofReceipts over Payments | 0.00 | ||||
| Minus: Excess ofPayments over Receipts | 24,235.45 | ||||
| Carry Forward | 59,376.32 | ||||
| 59,376.32 | 59,376.32 | ||||
| SCHOOL FUND | |||||
| Brought Forward | 89,745.93 | ||||
| Plus: Excess ofReceipts over Payments | 0.00 | ||||
| Minus: Excess ofPayments over Receipts | 20,160.18 | ||||
| CarryForward | 69,585.75 | ||||
| 69,585.75 | 69,585.75 | ||||
| TOTALS | |||||
| Brought Forward | 173,357.70 | ||||
| Minus: Excess ofPayments over Receipts | -24,235.45 | ||||
| Minus: Excess ofPayments over Receipts | -20,160.18 | ||||
| Carry Forward | 128,962.07 | ||||
| 128,962.07 | 128,962.07 | ||||
| 2023-24 c/f | 2024-25 c/f | Difference | |||
| Holding Accounts Balance | 83611.77 | 59376.32 | -24235.45 | ||
| School Fund Account Balance | 89745.93 | 69585.75 | -20160.18 | ||
| 173357.70 | _128962.07 | -44395.63 | |||
| Account | Balances as at31.03.25 from CFR Report | Income | Exp | Total | |
| jwos__fe06[Grants (Ringfenced) 08[E08 ———[StudentFacilities loo |
Catering (N/A) Trips (Committed) |
-899.84 -1208.00 00] -516158.22 |
|||
| School Fund Donations | -1717.00 | 1717.00]___0.00] | |||
| Communityfocused school funding and/or grants (Ringfenced) | -16861.56 | 9254.36 | -7607.20 | ||
| -8346.85 | 5033.00] | ||||
| 3 [£3 [CharitableEvents 14 e4_————[Sc ool Ev nts/Fundraising OtherIncome&Expenditure 6 fee [YearAccounts CT Department Fundraising |
-10930.74 26796.14 |
-9249.60 -973.42 |
-54244.55 |
||
| 9‘ [€9 —_ |
School Fund Balance (Uncommitted) | -181514.15] | _111928.40 | ||
| -828900.07 | 699938.00 | -128962.07 |
King James's School Fund CFR Balances Report
| Opening Balances | Opening Balances | ||
|---|---|---|---|
| “©=5 | Opening Pupil Focused Revenue Balance | £0.00 | |
| Opening BalancesTotal | £0.00 | ||
| Income | |||
| QE | Grants Income | -£899.84 | |
| — | 108 | Student Facilities Income | -£1,208.00 |
| tos | Income from catering | £0.00 | |
| E | Trip Income (Committed) | -£516,158.22 | |
| as | School Fund Donations Income | -£1,717.00 | |
| 16 | Community focused school funding and/or grants Income | -£16,861.56 | |
| =~ _ |
Student Events Income | -£8,346.85 | |
| 3 | Charitable Events Income | -£10,930.74 | |
| School Events/Fundraising Income | -£26,796.14 | ||
| 5 | Other Income | -£9,249.60 | |
| 6 | Year Accounts Income | -£973.42 | |
| eas | Department Fundraising Income | -£54,244.55 | |
| iS | School Fund Income | -£181,514.15 | |
| Income Total | -£828,900.07 | ||
| Expenditure | |||
| E06 | Grants Expenditure | £156.42 | |
| E08 | Student Facilities Expenditure | £179.07 | |
| E41 | Trip Expenditure (Committed) | £494,487.21 | |
| E13 | School Fund Donations Expenditure | £1,717.00 | |
| E16 | Community focused school funding and/or grants Expenditure | £9,254.36 | |
| E19 | ** DNU ** Learning resources | £0.00 | |
| E2 | Student Events Expenditure | £5,033.00 | |
| E22 | ** DNU ** Administrative supplies | £0.00 | |
| E3 | Charitable Events Expenditure | £3,926.51 | |
| E4 | School Events/Fundraising Expenditure | £22,606.13 | |
| E5 | Other Expenditure | £9,249.60 | |
| E6 | YearAccounts Expenditure | £756.16 | |
| E7 | Department Fundraising Expenditure | £40,644.14 | |
| E9 | School Fund Expenditure | £111,928.40 | |
| Expenditure Total | £ | ||
| ~t | -128962.07 | ||
| A“1S |