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|Contents|Page:|
|---|---|
|Trusteesreport||
|lndependentExaminers'Report||
|Statement ofFinancialActivities||
|Statement ofFinancial Position||
|Notesto the financial statements||
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|Charity Name|Charity Number|
|---|---|
|TheLRGSSportsAssociation|0518625|
|TheLRGSPrizesCharity|1090614|
|TheLRGSBoardingCharity|1090615|
|TheLRGSLeavingExhibition Charity|1090829|
|TheLRGSBritishSchool ScholarshipsCharity|1090834|
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|||||Yearto|Yearto|
|---|---|---|---|---|---|
|||||August|August|
|||||2022|2021|
||Note|Endowment|Unrestricted|Total|Tota!|
|||ff||f|f|
|lncoming resources||||||
|lncomefromgenerated funds||||||
|lncomefromdonations,legacies andgrantincome|3|||||
||||308,137|308,137|205,521|
|lncomefrom othertrading activities|4|175,000||17s,000|175,560|
|lnvestment income|5|770||770|223|
|Totalincoming resources||L75,170|308,137|483,3O7|381,304|
|Resourcesexpended||||||
|Costofraisingfunds||||||
|Costof generatingvoluntaryincome|||106,610|106,610|1,\3,43L|
|Costsforgenerating funds:||||||
|Mortgage lnterest||36,812||36,8L2|33,514|
|||36,812|106,610|143,422|t45,945|
|CorporationTax||||||
|ExpenditureonCharitable activities|||L37,603|737,603|122,303|
|Totalresources expended||36,8t2|244,2L3|281,025|269,248|
|Netincoming/(outgoing)||||||
|resources beforetransfers||138,3s8|63,924|202,282|772,056|
|Transfers||72,095|(72,1es],|||
|Netincoming/(outgoing)||||||
|resourcesbeforeotherrecognisedgainsandlosses||270,453|(8,171)|202,282|112,056|
|NetRealised/Unrealisedgains/(losses)on||||||
|:nvestments||(6,771l.||(6,771.)|5,797|
|Netmovementinfunds||2O3,682|(8,171)|195,511|
117,853|
|Reconciliation offunds||||||
|Totat fundsbroughtfomard at||||||
|1September2021||7,477,023|84,687|Lssl4o_|1.,437,8s7|
|Total funds carriedfonvardat31August2022||1,674,705|76,576|rl:]_,221__1,:ls,Z19||
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|||Yearto|Yearto|
|---|---|---|---|
||Note|August2022|August2021|
|||Total|Total|
|||f€||
|Fixed assets|8|2,500,000|2,500,000|
|lnvestments|9|4,509|20,24L|
|CurrentAssets||||
|Debtors|10|4,000|5,237|
|Cashatbank||280,049|259,786|
|||284,O49|265,023|
|Creditorsfallingduewithinoneyear|TL|(172,4481|(406,063)|
|Netcurrentassets/(liabilities)||111,601|(141,040)|
|Totalassets lesscurrent liabilities||2,616,7L0|2,379,20L|
|Creditorsfallingdueafterone year|L2|(864,889)|(823,49L1|
|Netassets||t,751,221|1,555,710|
|Representedby||||
|Endowment fund|13|t,674,705|1.,477,023|
|Developmentappealfund|13|45,880|63,773|
|Sedgwickrequest for works ofart|13|131|131|
|Lunescholarship|13|20,282|9,096|
|Opportunities fund|13|70,223|7L,697|
|||7,757,22L|1,,555,7t0|
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||2022|202L|
|---|---|---|
|Staff costs|80,340|96,631.|
|lndependent examination|3,528|3,120|
|lncomingresourcesfrom charitable activities|||
||2022|2021|
|Covenants/Gift Aid Donations|232,986|146,608|
|lncome Tax Recoverable|24,465|28,456|
|lnspirus Project Donations|50,685|30,457|
||308,137|205,52t|
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|COIFdepositaccount
f15,004
BalanceduetoLRGS
(€5,828)_|
|---|
|NetdonationincludedinCovenants/Gift AidDonationsf9,L76|
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|lncomefrom other trading activities|||
|---|---|---|
||2022|202t|
|Rentalincome|175,000|175,560|
||175,000|175,560|
|lnvestmentincome|||
||2022|202L|
|COIFDividends|139|185|
|Bankinterest|31|39|
||170|224|
|Costof GeneratingVoluntaryincome|||
||2022|202L|
|Staff costs|80,340|93,631|
|Travel,Accommodation and Hospitality|12,599|27|
|Othercosts|1.0,1.43|16,653|
|AccountingServices|3,s28|3,1"20|
||106,610|773,43L|
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||2022|202t|
|---|---|---|
|Grants madetoschoolin respect of:|||
|- DonationtowardtheSchool|46,13t|64,1.t3|
|-DonationstowardSchoolequipment|626||
|-DonationstowardRowingEquipment|||
|- Pupils ScholarshipsviaLune Scholarship|70,027|10,380|
|-lnspirUSCosts|26,364|27,902|
|-ExtraCurricular/AnnualFund|50,9s4|25,3s9|
|-Bursaries|1,,755||
|-OpportunitiesFund|1,647|50|
|- DonationsofLettingslncome|||
|- ClassicsFunding|100|s00|
||B'SOt|L22,303|
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||FreeholdLand||
|---|---|---|
||&Buildings|Total|
|At cost|||
|BalanceatlSeptember2O2L|2,500,000|2,s00,000|
|Additions|||
|Disposals|||
|Balanceat3tAugust2022|2,500,000|2,500,000|
|Net book value||
|---|---|
|At31August2022|2,500,0002,500,000|
|At31August2021|2,500,0002,500,000|
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||2351Lt,939|UK|Total|
|---|---|---|---|
||COIFunits|Equities||
|Cost||||
|BalanceatlSeptember2O2L|1,206|37,074|32,280|
|Additionsinthe year||||
|Disposals inthe year||(37,074l.||
|Balanceat31 August 2022|1,206||7,206|
|Marketvalue||||
|Balanceat1September 2O2l|4,754|t5,487|20,247|
|Additionsinthe year||||
|Changesinthe year|124s)|(7s,487],|(Ls,7321|
|Balanceat31 August 2022|4,509||4,509_|
||2022|2021|
|---|---|---|
|Rent onSummerLets|||
|lncometaxongiftaidandcovenants|4,000|s,237|
||4,000|5,237|
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||2022|202t|
|---|---|---|
|Bank loans|139,341|136,596|
|Amounts owedtoLRGS|30,000|266,L43|
|Tradecreditors|83|80s|
|Accrualsand deferred income|3,O24|2,5L9|
|CorporationTax|||
||112,448|406,063|
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||2022|2021|
|---|---|---|
|Bank loans|690,463|823,49L|
|Amounts owedtoLRGS(note15)|174,426||
||864,889|823,49L|
||2022|202t|
|---|---|---|
|Bankloan|85,385|236,645_|
|Amounts owedtoLRGS(note15)|54,426||
||139,811|236,645|
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|13
Funds|||||||
|---|---|---|---|---|---|---|
||||Sedgwick||||
||||Bequestfor||||
||Endowment
Fund
ffffff|DevelopmentWorksof
AppealFund
Art||LuneOpportunities
Scholarship
fund||Total|
|Openingbalance|||||||
|atlSeptember|||||||
|202L|1,47L,O23|63,773|131,|9,095|71.,687|1,555,710|
|Net(outgoing)/|||||||
|incoming|||||||
|resources|L3L,587|54,202|-|11,186|17,464)|195,511|
|Transfers|72,095|(72,0951|||||
||1,674,705|45,880|131|20,282|10,223|).,751,22L|
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||||Sedgwick||||
|---|---|---|---|---|---|---|
||||Bequestfor||||
||EndowmentDevelopmentWorksof
Fund
AppealFund
Art
€ffEf€|||LuneOpportunities
Scholarship
fund||Total|
|Openingbalance|||||||
|atlSeptember|||||||
|2020|L,322,957|96,623|131|7,659|10,487|1.,437,857|
|Net(outgoing)/
incoming|148,066|(32,850)|-|1,437|1,200|117,853|
|resources|||||||
||L,471,023|63,773|131|9,096|11,687|1,555,710|
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|Anolysisof|choritynetossetsb|etweenfundsfor20|22||||
|---|---|---|---|---|---|---|
||||Sedgwick||||
||Endowment
Fund|Development
AppealFund|Bequestfor
Works ofArt|Lune
Scholarship|Opportunities
fund|Total|
||fff.|||€|€|f|
|Tangiblefixedassets|2,500,000|||||2,s00,000|
|lnvestments|4,509|||||4,509|
|Debtors||4,OO;||||4,000|
|Cashatbank||249,4L3|131|20,282|t0,223|280,049|
|Creditors|(829,804)
t,674,705|(207,533)
45,880|131|20,282|--(to!E)-
to,223
r,75L,22L||
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|Anolysisof|choritynetossets b|etweenfundsfor|2027|||||
|---|---|---|---|---|---|---|---|
||||Sedgwick|||||
||Endowment
Fund
ff|Development
Appea!Fund|Bequest
Works of|for
Art
f|Lune
Scholarship
E|Opportunities
fund
f|Total
f|
|Tangiblefixedassets|2,5oo,ooo||||||2,500,000|
|lnvestments|4,754_||||L5,487||20,24t|
|Debtors||5,237|||||5,237|
|Cashatbank||254,359||131|(6,391)|L\,687|259,796|
|Creditors|(1,033,731)|(195,823)|||||(1,229,5541|
||L,471,O23|63,773||131|9,096|11,687|
L,555,7LO|
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||2022|2021|
|---|---|---|
|Grosssalaries|59,916|69,819|
|SocialSecurityCosts|8,268|9,634|
|Superannuation|1,2,156|1.4,778|
||80,340|93,63r|