|||Page|| |---|---|---|---| |Report ofthe Trustees|1|to|6| |Report ofthe Independent
Auditors|7|to|10| |Statement of Financial Activities|||| |Balance Sheet||12|| |Notes to the Financial Statements|13 to||20| |Detailed Statement of Financial Activities||21|| ## ## ## ## ## ## |The Charity has current grant commitments|The Charity has current grant commitments|of:||||| |---|---|---|---|---|---|---| |Coastal Collective - Set Up Costs||||||F110,000| |Heyhouses
CofE Primary School|- Contribution||towards|Building|Repairs|F44,514| |Heyhouses
CofE Nursery
School|—Staffing|and|Support|||F22,338| |Home-Start||||||815,000| |Lytham CofE Primary
School - Nursery
Subsidy||||||F85,914| |Student's
Sport Grant||||||f5,000| |Clerking Costs||||||F2,000| |Sundry Expenses||||||638| |All such commitments
have been|provided|for in|these|financial|statements.|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |for the year ended|31 Decem|ber 20|22||||| |---|---|---|---|---|---|---|---| |||||||2022|2021| |||Unrestricted||Restricted|Endowment|Total|Total| ||||funds|funds|funds|funds|funds| |||Notes|6|E|E|K|| |INCOME AND|||||||| |ENDOWMENTS
FROM
Donations
and legacies|||||||1,047,000| |Investment
income||3|216,950|19684||236634|481,515| |Total|||216,950|19,684||236,634|1,528,515| |EXPEND[TURE ON
Raising funds||4|11,358|6,232||17,590|15,759| |Charitable
activities
Education||5|316,804|49,918||366,722|549,190| |Other|||3,744|||3,744|3,156| |Total|||331,906|56,150||388,056|568,105| |Net gains/(losses)
investments|on|~739 DD8)||~87D26)|~79907)|~9D5941)|2185918| |NET
INCOME/(EXPENDITURE)|||(853,964)|(123,492)|(79,907)|(1,057,363)|3,146,328| |RECONCILIATION|OF||||||| |FUNDS
Total funds brought|forward||16,797,456|1,166,120|297,705|18,261,281|15,114,953| |TOTAL FUNDS CARRIED
FORWARD|||15943,492|1,D42,628|217,798|17,203,918|18,261,281| ## |The Lytham School
Balance Sheet
31 December 2022|s Fo|u|ndation||||| |---|---|---|---|---|---|---|---| |||||||2022|2021| |||Unrestricted||Restricted|Endowment|Total|Total| ||Notes||funds
F|fundsf|fundsf|fundsf|funds
F| |FIXEDASSETS|||||||| |Investments|||||||| |Investments
Investment
property|10
11|4,500,032
11533,31D||963,236|197,921|5,661,189
11,533,310|6,847,999
11,533,310| |||16,033,342||963,236|197,921|17,194,499|18,381,309| |CURRENT ASSETS|||||||| |Debtors
Cash at bank|12||9,750
188,174|79392|19,877|9,750
287,443|7,686
394,430| ||||197,924|79,392|19,877|297,193|402,116| |CREDITORS|||||||| |Amounts
falling due within
one year|13||(287,774)|||(287,774)|(522,144)| |NET DERRENT ASSETS||~89855)||79392|19877|9419|~)20028)| |TOTAL ASSETS LESS|||||||| |CURRENT LIABILITIES|||15,943,492|1,042,628|217,798|17,203,918|18,261,281| |NET ASSETS|||15943,492|1D42,628|217,798|17,2D3,918|18,261,281| |FUNDS|14||||||| |Unrestricted
funds||||||15,943,492|16,797,456| |Restricted
funds||||||1,042,628|1,166,120| |Endowment
funds||||||217,798|297,705| |TOTAL FUNDS||||||17,2D3 918|18,261,281| ## ## ## ## ## ## ## ## ## ## ## ## ## ## |DONATION|S
AND LEGACIES||| |---|---|---|---| |||2022|2021| |Restricted|legacy donation||1,047,000| |INVESTMENT INCOME|||| |||2022|2021| |||8|8| |Rents receivable
Investment
income||140,583
86,051|128,217
353,298| |||236,634|481,515| ## ## ## |for t
|he year ended 31 December 2022||||||| |---|---|---|---|---|---|---|---| |4.|RAISING FUNDS||||||| ||Investment
management
costs||||||| |||||||2022
E|2021f| ||Investment
manager's
fees|||||17,590|15,759| |5.|CHARITABLE ACTIVITIES COSTS||||||| |||||||Grant|| |||||||funding
of|| |||||||activities|| ||||||Direct|(see note|| ||||||Costs
F|6)|Totalsf| ||Education||||31,642|335,080|366,722| |6.|GRANTS PAYABLE||||||| |||||||2022|2021| |||||||E|E| ||Education|||||335,080|489,250| |||||||2022|2021| |||||||6|| ||Aspired Futures - Happy 2 Learn||||||(24,960)| ||Heyhouses
Endowed
CofE Primary|School:|||||| ||—Contribution
towards
Building||Repairs||||29,000| ||—Contribution
to refurbishment||of Infant|School Library||10,000|| ||Heyhouses
Endowed
CofE Nursery|School|||||| ||Staffing and Support|||||22,338|| ||Grant towards
Loan Interest|||||9,500|8,000| ||Grant towards Summer School|||||568|23,420| ||Pod@Heyhouses
CIO - Repairs|||||2,150|| ||Lytham CofE Primary School:||||||| ||- Contribution
towards
Building||Repairs|||5,576|1,737| ||- Nursery
Subsidy|||||40,000|123,121| ||- Balance for Refurbishment|of|School Hall||||3,383| ||AKS Lytham Independent
School:||||||| ||- Bursaries Contra Rent|||||135,408|122,985| ||-Supplementary
Bursaries|||||4,715|| ||Fylde District Scout Council - Equipment|||||450|| ||Coastal Collective
—Set Up Costs|||||110,000|| ||Write off of Individual
Grants Over|Provision||||(5,625)|| ||BDBEGovernors
10%of roof||||||1,064| ||St Bede's Catholic High School - Coronavirus|||Grant|||500| ||CN Sports
—Primary
School Sports Equipment||||||1,000| ||Lytham St Anne's
High School - Contribution|||towards Sports|Hall||200,000| |||||||335,080|489,250| ## ## ## ## ## ## |There were no
trustees'
expenses
paid for
31 December 2021.|There were no
trustees'
expenses
paid for
31 December 2021.|There were no
trustees'
expenses
paid for
31 December 2021.|the year ended|31 December|2022 nor for th|e year ended| |---|---|---|---|---|---|---| |COMPARATIVES FOR THE STATEMENT|||OF FINANCIAL|ACTIVITIES||| ||||Unrestricted|Restricted|Endowment|Total| ||||funds|funds|funds|funds| |||||E|6|F| |INCOME AND ENDOWMENTS||FROM||||| |Donations
and legacies||||1,047,000||1,047,000| |Investment
income|||472,655|8,860||481,515| |Total|||472,655|1,055,860||1 528,515| |EXPENDITURE ON||||||| |Raising funds|||12,392|3,367||15,759| |Charitable
activities||||||| |Education|||536,367|12,823||549,190| |Other|||3,156|||3,156| |Total|||551,915|16,190||568,105| |Net gains on investments|||2,141,868|18,281|25769|2,185,918| |NET INCOME|||2,062,608|1,057,951|25,769|3,146,328| |RECONCILIATION|OF FUNDS|||||| |Total funds brought|forward||14,734,848|108,169|271,936|15,114,953| |TOTAL FUNDS CARRIED FORWARD|||16,797,456|1,166,120|297,705|18,261,281| ## ## |forth|e year ended 31 December 2022||| |---|---|---|---| |10.|FIXEDASSET INVESTMENTS||| |||2022
f|2021
F| ||Shares|5,335,689|6,497,999| ||Loans|325 5DD|350,000| |||5,661,189|6,847,999| ||||Listed| ||||investments| ||MARKET VALUE||| ||At 1 January 2022
Additions||6,497,999
386,373| ||Disposals
Unrealised
gains||(729,865)
~818,818)| ||At 31 December 2022||5335,585| ||NET BOOK VALUE||| ||At 31 December 2022||5,335,689| ||At 31 December 2021||6,497,999| ||||Other loans| ||At 1 January 2022
Repayments
in year||350,000
~24,500)| ||At 31 December 2022||325,500| ## |FAIR VALUE|| |---|---| |At 1 January 2022
and 31 December 2022|11,533,310| |NET BOOK VALUE
At 31 December 2022|11 533,310| |At 31 December 2021|11,533,310| ## ## |forth|e year ended 31 Decemb|e year ended 31 Decemb|e year ended 31 Decemb|er 2022|er 2022|er 2022|er 2022|er 2022|er 2022|||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |12.|DEBTORS:AMOUNTS|||FALLING DUE WITHIN ONE YEAR||||||||| ||||||||||||2022|2021| ||||||||||||8|8| ||Other debtors||||||||||9,750|7,686| |13.|CREDITORS: AMOUNTS||||FALLING DUE WITHIN ONE||||YEAR|||| ||||||||||||2022|2021| ||||||||||||8|5| ||Other creditors||||||||||287,774|522,144| |14.|MOVEMENT
IN FUNDS|||||||||||| ||||||||||||Net|| ||||||||||||movement|At| ||||||||||At|1/1/22|in funds|31/12/22| |||||||||||8||| ||Unrestricted
funds|||||||||||| ||General
fund||||||||16,797,456||(853,964)|15,943,492| ||Restricted funds|||||||||||| ||Funds designated|exclusively||||for|AKS||1,166,120||(123,492)|1,042,628| ||Endowment
funds|||||||||||| ||Capital accumulation||fund||||||297,705||(79,907)|217,798| ||TOTAL FUNDS||||||||18261201||J10573637|17203010| ||Net movement
in funds,|||included|||in the above are as follows:|||||| |||||||||Incoming|Resources||Gains and|Movement| |||||||||resources|expendedf||losses
F|in funds
8| ||Unrestricted
funds|||||||||||| ||General
fund|||||||216,950|(331,906)||(739,008)|(853,964)| ||Restricted funds|||||||||||| ||Funds designated|exclusively||||for|AKS|19,684|(56,150)||(87,026)|(123,492)| ||Endowment
funds|||||||||||| ||Capital accumulation||fund||||||||(79,907)|(79,907)| ||TOTAL FUNDS|||||||236,634|(388,056)||~905941)|(1~057363)| ## ## ## ## |Comparatives
for|m|ovement|in funds|||| |---|---|---|---|---|---|---| ||||||Net|| ||||||movement|At| |||||At 1/1/21
f.|in funds
f|31/12/21
f| |Unrestricted
funds||||||| |General
fund||||14,734,848|2,062,608|16,797,456| |Restricted funds||||||| |Funds designated|exclusively||for AKS|108,169|1,057,951|1,166,120| |Endowment
funds||||||| |Capital accumulation||fund||271,936|25,769|297,705| |TOTAL FUNDS||||15,114,953|3,146,328|18,261,281| ## |Comparative
net move|men|t
in|funds,
inc|luded
in the ab|ove are as follow|s:|| |---|---|---|---|---|---|---|---| |||||Incoming|Resources|Gains and|Movement| |||||resourcesf|expended|losses|in fundsf| |Unrestricted
funds|||||||| |General
fund||||472,655|(551,915)|2,141,868|2,062,608| |Restricted funds|||||||| |Funds designated
exclusively|||for AKS|1,055,860|(16,190)|18,281|1,057,951| |Endowment
funds|||||||| |Capital accumulation|fund|||||25,769|25,769| |TOTAL FUNDS||||1,528,515|~568,1851|2,185,818|3,146,328| |Funds designated
exclusively|||s
2
for AKS are made up a
202||follows:
2022|2021|2021| |||||t
Endowmenf|Restricted
f|Endowment|Restricted
f| |Mellor Lecture Trust||||0
1,40|13,173|1,913|18,039| |Mellor Scholarship
Wolfson Scholarship
Wolfson Sixth Form||||4
1
4
3,32
103,53
97,55|22,927
16,567
8,199|4,544
141,515
133,332|31,395
22,678
11,223| |Donovan
Travel Fund||||6
85|553|1,170|757| |Fred H Hill Fund||||2
65|1,411|891|1,932| |Denys Ingham
Travel Fund
Tom Bleasdale Memorial
Fund||||2
8
6,43
6,05|3,681
513|6,058
8,282|5,041
702| |Prize Funds|||||19,364||26,516| |Jean Mary Robinson|Memorial||Fund||956,241||1,047,837| |||||217,798|1,042,628|297,705|1,166,120| ## ## ## ## ## ##