| Trustees | ProfR5Fowler |
|---|---|
| MrDJWalker | |
| MrsS FPeck | |
| DrPJRoberts | |
| Ms A Boardman | |
| MrsHTrott | |
| DrWPonsonby | |
| MrJScott | |
| MrT Keough | |
| RevCHope | |
| MrM Derrick | |
| Charitynumber | 526847 |
| Principaladdress | C/O Keswick School |
| Vicarage Hill | |
| Keswick | |
| Cumbria | |
| cA12sqB | |
| lndependentexaminer | Darren LittleFCA |
| Saint &CoCharteredAccountants | |
| The OldPoliceStation | |
| ChurchStreet | |
| Ambleside | |
| Cumbria | |
| LA22OBT | |
| Bankers | HSBCBankPlc |
| 29EnglishStreet | |
| Carlisle | |
| CA38JT | |
| Solicitors | growneJacobson |
| 14thFloor | |
| lHardman Square | |
| Spinningfields | |
| Manchester | |
| Lancashire | |
| M33EB | |
| lnvestmentmanagers | lamesBrearley &Sons |
| WalpoleHouse | |
| Unit2BurtonRoad | |
| Blackpool | |
| Lancashire | |
| FY44NW |
| Page | |
|---|---|
| Trustees'report | 1-3 |
| Statement of trustees' responsibilities | 4 |
| Independent examiner'sreport | 5 |
| Statement of financial activities | 6-7 |
| Balancesheet | 8 |
| Notesto the financial statements | 918 |
| Current financial year | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | TotaI | TotaI | |||
| funds | funds | funds | |||||
| 2023 | 2023 | 2023 | 2023 | 2022 | |||
| Notes | f | E | f | f | |||
| lncomefrom: | |||||||
| Donations andlegacies | 3 | 1,050 | 1,050 | 288 | |||
| lnvestments | 4 | 3,781 | 21,123 | 31,504 | 33,559 | ||
| Totalincome andendowments | 1,050 | 3,787 | 21,723 | 32,554 | 33,447 | ||
| Ex on: |
|||||||
| Raisingfunds | 5 | 1,186 | 8,700 | 9,886 | 10,166 | ||
| Charitable activities | 6 | 40,465 | 3,000 | 43,465 | 6,923 | ||
| Tota Iexpenditure | 40,465 | 4,186 | 8,700 | 53,351 | 17,089 | ||
| Net gains/(losses)oninvestments10 | (14,404) (10s,630)(120,034) | 68,675 | |||||
| Net(outgoing)/incominSresourcesbefore | |||||||
| transfers | (39,41s) | (14,80e)(86,607) | (140,831) | 85,433 | |||
| Grosstransfers between funds | 19,023 | (19,023) | |||||
| Netmovementinfunds | l2o,3s2l{14,809)(10s,630)(140,s31) | 85,433 | |||||
| Fund balancesatlApril2022 | 33,340 | 200,955 | 1,500,438 | 1,734,733 | 1,649,300 | ||
| tundbalancesat31March2023 | 12,944 | 186,146 | 111Y | 1,s93,902 | 7,734,733 |
| Prior financial year | |||||
|---|---|---|---|---|---|
| LJnrestricted | Restricted | Endowment | TotaI | ||
| funds | funds | funds | |||
| 2022 | 2022 | 2022 | 2022 | ||
| Notes | f | I | € | f | |
| lncomefrom: | |||||
| Donations andlegacies | 3 | 288 | 288 | ||
| lnvestments | 4 | 3,142 | 29,8\7 | 33,559 | |
| Total income andendowments | 288 | 3,142 | 29,477 | 33,847 | |
| Expenditure on: | |||||
| Raisingfunds | 5 | 1,734 | 9,032 | 10,166 | |
| Charitableactivities | 6 | 6,923 | 6,923 | ||
| Totalexpenditure | 6,923 | 7,734 | I,032 | 77,089 | |
| Net gains/(losses)on investments | 10 | 7,557 | 61,018 | 68,67s | |
| Net(gutgoing)/incomingresourcesbefore transfers | (6,63s)70,26s | 81,803 | 85,433 | ||
| Grosstransfers between funds | 20,185 | (20,78s) | |||
| Netmovementinfunds | 74,750 | 10,26s | 61,018 | 85,433 | |
| Fund balancesatlApril2021 | 19,190 | 190,6907,439,420 | 1,649,300 | ||
| Fund balancesat31March2022 | 33,340 | 200,955 | 1,500,438 | 7,734,733 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Notes | f | f | E | t | ||
| Fixed assets | ||||||
| TanBibleassets | L2 | 274,362 | 274,362 | |||
| lnvestments | 13 | 7,349,2AO | 7,393,477 | |||
| 7,563,642 | 1,607,179 | |||||
| Currentassets | ||||||
| cash at bankand inhand | 32,220 | 726,954 | ||||
| Credito6:amountsfallingduewithinone | ||||||
| year | 74 | (1,960) | ||||
| Net€urrentassets | 30,260 | t26,954 | ||||
| Total assetslesscurrent liabilities | 7,593,902 | 7,714,733 | ||||
| Capitalfunds | ||||||
| Endowment funds-general | 15 | 1,394,808 | 1,500,438 | |||
| lncome funds | ||||||
| Restrictedfunds | 16 | 186,146 | 200,955 | |||
| Unrestricted funds | 72,948 | 33,340 | ||||
| r,593,902 | 1,734,733 |
| Unrestricted | Unrestricted |
|---|---|
| funds | funds |
| 2023 | 2022 |
| E | f |
| 1,050 | 288 |
| Restricted | Endowment | Total | Restricted | Endowment | TotaI |
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| general | general | ||||
| 2023 | 2023 | 1023 | 2022 | 2022 | 2022 |
| f. | f | E | f | e | E |
| 3,1AL | 21,723 | 31,504 | 3,742 | 29,81.1 | 33,559 |
| Restricted | Endowment | TotaI | Restricted | Endowment | Total | |
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| general | general | |||||
| 2023 | 2023 | 2023 | 2022 | 2022 | 2022 | |
| f | € | E | f | f | ||
| lnvestment managementcosts | 1,186 | 8,700 | 9,886 | 7,734 | 9,032 | 10,165 |
| 1,186 | 8,700 | 9,886 | 7,734 | 9,032 | 10,166 |
| charitable | Charitable | |||||
|---|---|---|---|---|---|---|
| activity | activity | |||||
| 2021 | 2022 | |||||
| f | € | |||||
| KeswickAcademy | 37,O34 | |||||
| Library Fund: RosemaryAitkenEequest | 1,000 | |||||
| Prizegiving Fund | 3,000 | 3,000 | ||||
| 40,034 | 4,000 | |||||
| Shareof supportcosts (seenote7) | 2,231, | 2,923 | ||||
| Share of governance costs (seenote | 7) | 1,200 | ||||
| :!: | 6,923 | |||||
| Analysisbyfund | ||||||
| Unrestricted funds | 40,46s | 6,923 | ||||
| Restrictedfunds | 3,000 | |||||
| 43,465 | 6,923 | |||||
| Supponcosts | ||||||
| SupportcostsGovernance | 2023Supportcosts | Governance | 2022 | |||
| costs | costs | |||||
| EE | f | f | f | f | ||
| Insurance | 7,O73 | L,073 | 947 | 947 | ||
| staffretirements | 596 | 596 | 758 | 758 | ||
| Bank charges | 60 | 60 | 15 | 15 | ||
| Legal fees | 744 | 744 | 7,740 | 7,740 | ||
| Prizegiving expenses | 85 | 85 | 63 | 63 | ||
| Watercharges | 213 | 273 | ||||
| Auditfees | 1,200 | 1,200 | ||||
| 2,231. | 7,200 | 3,437 | 2,923 | 2,923 | ||
| Analysedbetween | ||||||
| Charitable activities | 2,237 | 7,200 | 3,431 | 2,923 | 2,923 |
| 2023 | 2022 |
|---|---|
| Number | Number |
| Restricted | Endowment | Total | Restricted | Endowment | TotaI | ||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| general | general | ||||||
| 2023 | 2023 | 2023 | 2022 | 2022 | 2022 | ||
| f | E | € | f | f | f | ||
| Revaluation | of investments | \74,404], | (10s,630) | (120,034) | 7,657 | 61,018 | 68,675 |
| Creditors: amounts falling duewithinone year | ||
|---|---|---|
| 2023 | 2022 | |
| f. | f | |
| Tradecreditors | 760 | |
| Accruals anddeferredincome | 1,200 | |
| 1,960 |
| Balanceat lApril2021 € |
lncoming f |
Movementinfunds ResouraesTransfersRevaluations expended gains andlosses fEf |
Balanceat LAptil2022 f. |
lncoming f |
Movementin fuods ResourcesTransfersRevaluations erpended gains andlosses ffE |
Balanaeat 3lMarch 2023 E |
|
|---|---|---|---|---|---|---|---|
| Permanentendowments | |||||||
| Freeholdland and | |||||||
| property lnvestment |
274,362 7,225,058 |
29,477 | {e,032)120,785],61,018 | 274,362 7,286,076 |
27,723 | (8,700)(19,023)(10s,530) | 274,362 I,780,446 |
| r,439,420 | 29,877 | (9,032) (20,785) 61,018 |
1,500,438 | 27,723 | (8,700)(19,023)(10s,530)1,394,808 |
| l | Balanceat April2021 f |
Movementinfunds Inaoming ResotrcesRevaluations, resources expendedgains andlosses fff |
Balanceat IAptil2022 f |
Movementinfunds lncomingResourcesRevaluatlons, reSourcesexpendedgalnsandlosses EfE |
Balanceat 3lMar.h2023 f |
|
|---|---|---|---|---|---|---|
| PrizeandScholarshipfunds | 190,590 | l.1,734) 3,742 7,657 |
200,955 | 114,404) 3,787 14,186) |
186,746 |
| Analysisofnetassetsbetweenfunds | ||||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted funds |
Restricted funds |
Endowment funds |
TotaI | Unrestricted funds |
Restricted funds |
Endowment funds |
TotaI | |
| 2023 | 2023 | 2023 | 2023 | 2022 | 2022 | 2022 | 2022 | |
| Fund balances at31 March2023are represented by | f | E | E | f | { | f | f | E |
| Tangibleassets lnvestments Current assets/(liabilities) |
72,944 | 168,834 77,372 |
274,362 7,780,446 |
274,362 7,349,2AO 30,260 |
33,340 | 107,347 93,674 |
274,362 7,286,016 |
274,362 7,393,417 726,954 |
| 72,948 | 786,746 | 1,394,808 | 7,593,902 | 33,340 | 200,955 | 1,500,438 | 7,734,733 |