2023-03-31-accounts - Hutton Church Of England Grammar School Foundation

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

HurroN CHURCH OF ENGLAND GRAMMAR SCHOOL FOUNDATION ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

HUTTON CHURCH OF ENGLAND GRAMMAR SCHOOL FOUNDATION

Annual Report for year to 31 March 2023

The address of the Charity is Hutton Church of England Grammar School, Hutton Preston PR4 5SN. It is registered with The Charity Commissioners (526712). The original endowment dates from 1517 and 1552, and the current scheme dates from 16 June 2009.

The Trustees of Hutton Church of England Grammar School Foundation who held office during all or part of the year to 31 March 2023 are as follows:-

Mrs J Dolloway Co-opted Mrs M Clark Co-opted Mrs S Tipping Longton St Andrew Mr P Allen Penwortham St Leonard Fr M McMurray Farington Moss St Paul's Mr K Ashcroft Old Huttonian Association Mr M Anson Blackburn Diocesan Board of Education Mr I Greenhalgh Hutton Grammar School Association Cllr Mr G Gooch Longton Parish Council Cllr Mr D Bennett Penwortham Town Council Cllr Mr M Otter Farington Parish Council Cllr Mr D Eland Hutton Parish Council

The original object of the Charity was the provision of a school for the ancient parish of Penwortham coupled with the provision of a priest in charge at Longton Chapel. Hutton Church of England Grammar School is the successor to this original foundation, and is the principal beneficiary of the Charity. Under the 1944 Education Act it became a Voluntary Aided School. Various elementary schools were also founded under the Charity's auspices, but of these only one now has voluntary aided status. This is St Paul's C.E. Primary School Farington Moss, which is another current beneficiary.

The general funds available to the Foundation are normally spent in meeting school Governors' responsibilities to pay 10% of the costs of all improvements and external repairs to the school buildings.

Signed

Dated

Cllr Mr G Gooch

For and on behalf of Hutton Church of England Grammar School Foundation

HUTTON CHURCH OF ENGLAND GRAMMAR SCHOOL FOUNDATION

Independent Examiner's Report to the Trustees of Hutton Church of England Grammar School Foundation

I report on the accounts of the Foundation for the year ended 31 March 2023 which are set out in the attached sheets pages 1 to 4.

Respective Responsibilities of the Trustees and Examiner

The Charity's Trustees are responsible for the preparation of the accounts. The Charity's Trustees consider that an audit is not required for this year under Section 114(2) of the Charities Act 2011 (the 2011 Act) and that an Independent Examination is needed.

It is my responsibility to:
examine the accounts under section 145 of the 2011 Act;
to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
to state whether particular matters have come to my attention

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes 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 the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken below do not provide all the evidence that would be required in an audit and, consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

which gives me reasonable cause to believe that, in any material respect, the requirements:
to keep accounting records in accordance with section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act

have not been met; or

to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed

Dated

Mark Croasdale, Whitehead & Howarth 327 Clifton Drive South, Lytham St Annes FY8 1HN

HUTTON CHURCH OF ENGLAND GRAMMAR SCHOOL FOUNDATION

Statement of Financial Activities for the Year Ended 31 March 2023 Receipts and Payments

Note Incoming Resources: Donations and Gifts Income from Lettings Investment Income Interest on Deposits Total Incoming Resources Outgoing Resources: Direct Charitable Expenditure 1 Lettings Expenditure Management and Administration 2 Total Outgoing Resources Net Incoming/(Outgoings) Resources before Transfers Transfers between Funds Net Movement in Funds Balances at 31 March 2022 Balances at 31 March 2023	General Fund 2023 £ 1,898 125,019 10,547 1,106 138,570 53,078 43,569 5,327 101,974 36,595 - 36,595 483,210 519,805	Restricted Funds 2023 (Note 4) £ 2,015 - 5,102 205 7,322 2,147 - - 2,147 5,175 - 5,175 208,146 213,321	Total Funds 2023 £ 3,913 125,019 15,649 1,312 145,892 55,226 43,569 5,327 104,122 41,770 - 41,770 691,356 733,126	Total Funds 2022 £ 104,523 85,280 17,380 116
				207,299
				105,147 575 5,062
				110,785
				96,514 -
				96,514 594,842
				691,356

The notes on pages 3 and 4 form part of these accounts

HUTTON CHURCH OF ENGLAND GRAMMAR SCHOOL FOUNDATION

Statement of Assets and Liabilities as at 31 March 2023

Note Current Assets: Bank Current Accounts Scottish Widows Old Mutual Wealth Meteor Octopus Skipton	General Fund 2023 £ 84,555 - 84,671 200,000 - 150,581 519,807	Restricted Funds 2023 £ 880 - 159,134 - - 53,305 213,320	Total Funds 2023 £ 85,435 - 243,805 200,000 - 203,886 733,126	Total Funds 2022 £ 171,433 176,118 243,805 100,000 - -
				691,356

Approved by the Board of Trustees on

and signed on its behalf by:-

Chairman

The notes on pages 3 and 4 form part of these accounts

HUTTON CHURCH OF ENGLAND GRAMMAR SCHOOL FOUNDATION

Notes to the Accounts for the Year Ended 31 March 2023

1. Direct Charitable Expenditure Property Expenditure Income Disbursement 2. Management and Administration Legal and Professional Treasurer and Secretary LCC Independent Ex. Telephone, Postage & Stationery Printing Bank charges Computer expenses	General Fund 2023 £ 52,278 800 53,078 £ 546 3,952 522 8 24 187 88 5,327	Restricted Funds 2023 £ - 2,147 2,147 £ - - - - - - - -	Total Funds 2023 £ 52,278 2,947 55,226 £ 546 3,952 522 8 24 187 88 5,327	Total Funds 2022 £ 103,799 1,348
				105,147
				£ - 3,695 522 7 - 55 784
				5,063

HUTTON CHURCH OF ENGLAND GRAMMAR SCHOOL FOUNDATION

Notes to the Accounts for the Year Ended 31 March 2023

3. Restricted Funds

Restricted Funds
Farington Fund HGS Foundation Fund HGS 450 Appeal Fund New Future Appeal	At 1 April 2022 £ 59,526 99,608 42,370 6,642 208,147	Incoming Transfers Outgoing £ £ £ - - - - - - 100,316 - (89,382) 7,729 - (13,489) 108,045 0 (102,871) Movement in Resources	At 31 March 2023 £ 59,526 99,608 53,304 882
			213,320

4. Analysis of Net Assets Between Funds

Analysis of Net Assets Between Funds
General Fund Restricted Funds: Farington Fund HGS Foundation Fund HGS 450 Appeal Fund New Future Appeal	Net Current Assets £ 519,806 59,526 99,608 53,304 882 733,126	Total 31 March 2023 £ 519,806 59,526 99,608 53,304 882 733,126	Total 31 March 2022 £ 483,211 59,526 99,608 42,371 6,642
			691,358