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: 1. 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 2. 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 1 ## **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 2 ## **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| 3 ## **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| 4