| Page | |||
|---|---|---|---|
| Co-Optative Trustees' | report | 1-3 | |
| Independent examiner's |
report | ||
| Statement otfinancial | activities | ||
| Balance sheet | |||
| Notes to the accounts | 7-16 |
| on behalf oft | he Charity. |
|---|---|
| The Trustees | who served during the year were: |
| Co-optative: | Mrs D P Abbott |
| Co-optative: | Canon Dr C Bracegirdle |
| Co-optative: | Miss E Gelling |
| Co-optative: | Mrs K Hodgkiss |
| Co-optative: | Mr P d'A Liptrott |
| Co-optative: | Mr I Tomkin |
| Ex-officio: | Ms BBrown |
| Nominative: | Mrs D Smith |
| Unrestricted | Designated | Endowment | Total | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Notes | Funds 6 |
Funds f |
Funds 6 |
2021 6 |
2020 6 |
|||
| Income and endowments | from: | |||||||
| Income from investments | 3,244 | 2,628 | 5,8'/2 | 7,730 | ||||
| Charitable activities |
201,195 | 201,195 | 200,001 | |||||
| Total income | 204,439 | 2,628 | 207,067 | 207,731 | ||||
| Expenditure on: |
||||||||
| Charitable activities |
7 | 430,851 | 31,000 | 461,851 | 12,719 | |||
| Total expenditure | 430,851 | 31,000 | 461,851 | 12,719 | ||||
| Net income / expenditure |
(226,412) | (28,372) | (254,784) | 195,012 | ||||
| Gains / (Losses) on investment | ||||||||
| assets | ||||||||
| On sale/redemption | 15 | (4,103) | ||||||
| On revaluation | 15 | 1,508 | 3,696 | 1,294 | 6,498 | 718 | ||
| Transfers between |
funds | |||||||
| Net movement in funds |
(224,904) | (24,676) | 1,294 | (248,286) | 191,627 | |||
| Fund balances at 1 January | 2021 | 234,059 | 76,865 | 32,343 | 343,267 | 151,640 | ||
| Fund balances at | 31December 2021 | 9,155 | 52,189 | 33,637 | 94,981 | 343,267 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Notes | |||||
| Fixed Assets | |||||
| Investments | 124,269 | 117,771 | |||
| Current Assets | |||||
| Cash at Bank and in Hand | 10 | 127,755 | 270,508 | ||
| Current Liabilities | |||||
| Creditors | 11 | (157,043) | (45,012) | ||
| Net Current Assets | (29,288) | 225,496 | |||
| Total Net Assets | 94,981 | 343,267 | |||
| The Funds ofthe Charity | |||||
| Endowment Funds |
12 | 33,637 | 32,343 | ||
| Designated Funds |
12 | 52,189 | 76,865 | ||
| Unrestricted Funds |
12 | 9,155 | 234,059 | ||
| Total Charity Funds | 94,981 | 343,267 |
| 2 Investm | e | nt income |
||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Total | Total | |||||
| funds | funds | 2021 | 2020 | |||||
| f | f | |||||||
| Income from listed investments | 3,244 | 2,628 | 5,872 | 7,730 | ||||
| 3Income | from charitable | activities | ||||||
| Unrestricted Fund |
Designated Fund |
2021 | 2020 | |||||
| Donation from Dr 8 Mrs Chadwick's Registered Charity |
200,000 | 200,000 | 200,000 | |||||
| Unclaimed | grants (note 8) | 1,195 | 1,195 | |||||
| 201,195 | 201,195 | 200,001 |
| Educational F |
oundation. | |||||
|---|---|---|---|---|---|---|
| 7Expenditure | on charitable | activities | ||||
| Unrestricted Fund |
Designated Fund |
2021 | 2020 | |||
| Costs relating | to Grants payable | |||||
| comprise: | ||||||
| Grants payable (note 8) | 428,165 | 31,000 | 459,165 | |||
| 150w Anniversary science boxes |
10,022 | |||||
| Secretary's fee | 1,741 | 1,741 | 1,741 | |||
| Independent | Examiner's fee | 708 | 708 | 720 | ||
| Postage and | stationery | 59 | 59 | 58 | ||
| Legal &professional fees |
178 | 178 | 178 | |||
| 430,851 | 31,000 | 461,851 | 12,719 |
| 8Grants payable | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||
| 6 | 6 | |||||||
| Grants payable | 459,165 | |||||||
| Grants to institutions relating to grants payable comprise: |
||||||||
| Blackshaw Primary School —outdoor play equi pmeni |
15,000 | |||||||
| Bolton Parish Church —bibles | 156 | |||||||
| Boltan Parish Church CofE Primary School —Chrome books | 16,600 | |||||||
| Brownlow Fold Primary School —outdoor play equipment | 7,000 | |||||||
| Church Road Primary School —classroom kitchen |
12,456 | |||||||
| Clarendon Primary School —accelerated reader programme |
10,250 | |||||||
| Egerton Primary School —outdoor play equipment | 35,940 | |||||||
| Gaskell Community Primary School —iaptops and reading |
books | 18,000 | ||||||
| Hardymill Primary School —outdoor learning area |
15,000 | |||||||
| Harwood Meadows Primary School —ipads and teaching |
assistant | for 1 term | 17,082 | |||||
| Haslam Park Primary School —library furniture and books |
20,000 | |||||||
| Heathfield Primary School —chrome books and software |
iicences | 17,034 | ||||||
| Holy Infant &,StAnthony RC School —ipads and charging |
trolley | 11,644 | ||||||
| Johnson Fold Primary School - outdoor learning area |
10,000 | |||||||
| Ladybridge Primary School —cooking equipment |
3,000 | |||||||
| Lever Edge Primary School —equipment for forest school |
5,000 | |||||||
| Leverhulme Community Primary School —fixed term teaching |
assistant | 16,505 | ||||||
| Moorgate Primary School —holistic therapy space |
4,450 | |||||||
| Pikes Lane Primary School —outdoor reading area | 8,995 | |||||||
| Sharpies Primary School —equipment forSTEMlearning |
zone (designated | fund) | 31,000 | |||||
| SSOsmund & Andrew's RC Primary School —library and resources |
19,000 | |||||||
| SSSimon 8 Jude CofE Pi'imary School —library refurbishment | and | books | 4,505 | |||||
| St Brendan's RC Primary School - outdoor play equipmeni |
13,500 | |||||||
| St Ethelbert's RC Primary School —ipads |
12,000 | |||||||
| StJohn The Evangelist RC Primary School —ouidaor canopy | 5,500 | |||||||
| StJoseph's RC Primary School —outdoor learning area | 15,000 | |||||||
| St Matthew's CofE Primary School —library equipment and books |
18,909 | |||||||
| St Maxenlius CofE Primary School —ipads and software |
iicences | 15,116 | ||||||
| St Paul's CofE Primary School —forest school | 8,000 | |||||||
| StPeter &St Paul RC Primary School —iapiops and teaching | assistant | for | 1year | 19,428 | ||||
| StStephen & All Martyrs CofE Primary School -outdoor |
learning area | 23,095 | ||||||
| StWilliam ofYork RC Primary Schaol —library furnilure | and books | 20,000 | ||||||
| Thomasson Memorial Primary School —cantribution towards a minibus |
10,000 | |||||||
| 459,165 | ||||||||
| Grants awarded in the year |
459,165 | |||||||
| Grants cancelled or recovered during the year |
(1,195) | (1) | ||||||
| Grants paid during the year | (345,939) | (85,281) | ||||||
| Grants payable at 1 January 2021 | 44,304 | 129,586 | ||||||
| Grants payable at 31 December 2021 | 156,335 | 44,304 |
| 9Fixed asset investments | 9Fixed asset investments | 9Fixed asset investments | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Designated | |||||
| Income Investments |
Income Investments |
Endowment Investments |
Total | |||
| UK listed investments | ||||||
| Market value at 1 January 2021 | 48,365 | 44,932 | 24,474 | 117.771 | ||
| Disposals at opening | book value | |||||
| Acquisitions at cost |
||||||
| Change in value |
in the year | 1,508 | 3,696 | 1,294 | 6,498 | |
| Market value at | 31December 2021 | 49,873 | 48,628 | 25,768 | 124,269 | |
| Historical cost: | ||||||
| At 31 December | 2021 | 48,590 | 50,437 | 22,583 | 121,610 | |
| At 31 December | 2020 | 48,590 | 50,437 | 22,583 | 121,610 | |
| 10Cash at bank | ||||||
| Unrestricted | Designated | Endowment | ||||
| funds | funds | funds | Total | |||
| National Westminister |
Bank Pic | 104,097 | 200 | 104,297 | ||
| Arnold Siansby &Co | 12,228 | 3,561 | 7,669 | 23,458 | ||
| 116,325 | 3,561 | 7,869 | 127,755 | |||
| 11Creditors | ||||||
| 2021 | 2020 | |||||
| Accruals | 708 | 708 | ||||
| Grants payable (note | 7) | 156,335 | 44,304 | |||
| 157,043 | 45,012 |
| 12Movement | in funds | ||||||
|---|---|---|---|---|---|---|---|
| Funds | Balance at | Movement in funds |
Balance at 31 | ||||
| 1January 2021 |
Income | Expenditure | Revaluation | Transfers | December 2021 |
||
| Endowment | Fund | 32,343 | 1,294 | 33,637 | |||
| Designated | Fund | 76,865 | 2,628 | (31,000) | 3,696 | 52,189 | |
| Unrestricted | Fund | 234,059 | 204,439 | (430,851) | 1,508 | 9,155 | |
| Total Funds | 343,267 | 207,067 | (461,851) | 6,498 | 94,981 |
| 13Analysis ofnet asset | s between funds | ||||
|---|---|---|---|---|---|
| Unrestricted | Designated | Endowment | Total | ||
| funds | funds | funds | |||
| Fund balances at 31 December 2021 are | |||||
| represented by: |
|||||
| Investments | 49,873 | 48,628 | 25,768 | 124,269 | |
| Current assets | 116,325 | 3,561 | 7,869 | 127,755 | |
| Creditors: amounts falling year |
due within one | (157,043) | (157,043) | ||
| 9,155 | 52,189 | 33,637 | 94,981 | ||
| Unrealised gains included |
above: | ||||
| On investments | 1,283 | (1,809) | 3,185 | 2,659 | |
| Reconciliation af movements in unrealised |
|||||
| gains | |||||
| Unrealised gains at 1 January 2021 |
(225) | (5,505) | 1,891 | (3,839) | |
| Net gains an revaluations | in year | 1,508 | 3,696 | 1,294 | 6,498 |
| Unrealised gains at 31 December 2021 |
1,283 | (1,809) | 3,185 | 2,659 |
| 14Comparatives | for 2020 | for 2020 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Statement offinancial activities | |||||||||||
| Unrestricted | Designated | Endowment | Total | ||||||||
| Fundsf | Funds | Funds f |
2020 f |
||||||||
| Income and endowments | from: | ||||||||||
| Income from investments | 3,720 | 4,010 | 7,730 | ||||||||
| Charitable activities |
200,001 | 200,001 | |||||||||
| Total income | 203,721 | 4,010 | 207,731 | ||||||||
| Expenditure on: |
|||||||||||
| Charitable activities |
2,697 | 10,022 | 12,719 | ||||||||
| Total expenditure | 2,697 | 10,022 | 12,719 | ||||||||
| Net income / expenditure |
201,024 | (6,012) | 195,012 | ||||||||
| Gains / (Losses) on investment | assets | ||||||||||
| On sale/redemption | (71) | (3,739) | (293) | (4,103) | |||||||
| Qn revaluation | (13) | (256) | 987 | 718 | |||||||
| Transfers between |
funds | ||||||||||
| Net movement in funds |
200,940 | (10,007) | 694 | 191,627 | |||||||
| Fund balances at 1 January | 2020 | 33,119 | 86,872 | 31,649 | 151,640 | ||||||
| Fund balances at | 31December 2020 | 234,059 | 76,865 | 32,343 | 343,267 | ||||||
| Investment income |
|||||||||||
| Unrestricted | Designated | Total | |||||||||
| funds | funds | 2020 | |||||||||
| Income from listed | investments | 3,720 | 4,010 | 7,730 | |||||||
| Income from charitable | activities | ||||||||||
| Unrestricted | Designated | Total | |||||||||
| funds | funds | 2020 | |||||||||
| f | f | ||||||||||
| Donation from Dr & Mrs Chadwick's Charity |
Registered | 200,000 | 200,000 | ||||||||
| Unclaimed grants |
|||||||||||
| 200,001 | 200,001 |
| 14Comparatives | for | 2020 | continued | |||||
|---|---|---|---|---|---|---|---|---|
| Expenditure on |
charitable | activities | ||||||
| Unrestricted Fund Designated Fund |
2020 | |||||||
| Costs relating to | Grants payable | |||||||
| conlpf lee: | ||||||||
| Grants payable | ||||||||
| 150eAnniversary | expenses | |||||||
| 150eAnniversary | Science Boxes | 10,022 | 10,022 | |||||
| Secretary's fee | 1,741 | 1,741 | ||||||
| Independent Examiner's fee |
720 | 720 | ||||||
| Postage and stationery | 58 | |||||||
| Legal &professional fees |
178 | 178 | ||||||
| 2,697 | 10,022 | 12,719 | ||||||
| Fixed asset investments | ||||||||
| Unrestricted | Designated | |||||||
| Income Investments |
Income Investments |
Endowment Investments |
Total | |||||
| UK listed investments | ||||||||
| Market value at 1 January 2020 | 49,286 | 84,384 | 31,398 | 165,068 | ||||
| Disposals at opening book value |
(865) | (37,496) | (7,686) | (46,047) | ||||
| Acquisitions at cost |
||||||||
| Change in value |
in the | year | (56) | (1,956) | 762 | (1,250) | ||
| Market value at | 31December 2020 | 48,365 | 44,932 | 24,474 | 117,771 | |||
| Historical cost: | ||||||||
| At 31 December | 2020 | 48,590 | 50,437 | 22,583 | 121,610 | |||
| At 31 December | 2019 | 49,497 | 89,632 | 30,494 | 169,623 | |||
| Cash at bank | ||||||||
| Unrestricted | Designated | Endowment | ||||||
| funds | funds | funds | Total | |||||
| National Westminister |
Bank | Pic | 223,649 | 28,277 | 200 | 252,126 | ||
| Arnold Stansby &Co | 7,057 | 3,655 | 7,670 | 18,382 | ||||
| 230,706 | 31,932 | 7,870 | 270,508 |
| 14Comparatives | for 2020 continued | |||||
|---|---|---|---|---|---|---|
| Movement in funds |
||||||
| Funds | Balance at | Movement in funds |
Balance at 31 | |||
| 1January 2020 |
Income | Expenditure | Revaluation | Transfers | December 2020 |
|
| Endowment Fund |
31,649 | 694 | 32,343 | |||
| Designated Fund |
86,872 | 4,010 | (10,022) | (3,995) | 76,865 | |
| Unrestricted Fund |
33,119 | 203,721 | (2,697) | (84) | 234,059 | |
| Total Funds | 151,640 | 207,731 | (12,719) | (3,385) | 343,267 |
| Analysis of net assets b |
etween funds | ||||
|---|---|---|---|---|---|
| Unrestricted | Designated | Endowment | Total | ||
| funds | funds | funds | |||
| Fund balances at 31 December 2020 are | |||||
| represented by: |
|||||
| Investments | 48,365 | 44,933 | 24,473 | 117,771 | |
| Current assets | 230,706 | 31,932 | 7,870 | 270,508 | |
| Creditors: amounts falling year |
due within one | (45,012) | (45,012) | ||
| 234,059 | 76,865 | 32,343 | 343,267 | ||
| Unrealised gains included |
above: | ||||
| On investments | (225) | (5,505) | 1,891 | (3,839) | |
| Reconciliation ofmovements in unrealised |
|||||
| gains | |||||
| Unrealised gains at 1 January 2020 |
(211) | (5,249) | 903 | (4,557) | |
| Net gains on revaluations | in year | (14) | (256) | 988 | 718 |
| Unrealised gains at 31 December 2020 |
(225) | (5,505) | 1,891 | (3,839) |
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