2021-03-31-accounts - Dallam School

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Fund ba	lances at 31Marc	h 2021are represented by:
			Restricted	Endowment
		Unrestricted	General	Funds	Total
		Funds	Funds	Permanent	Funds
		f	f	f	f
Tangible	fixed assets	1,321,859		128,593	1,450,452
Fixed asset investment				559,992	559,992
Current	assets	220,500	1,511		222,011
Current	liabilities	(423,607)			(423,607)
Long term creditors		(570,320)			(570,320)
Total Net Assets		548,432	1,511	688,585	1,238,528
Comparative information		in respect ofthe preceding period isas follows:
			Restricted	Restricted
		Unrestricted	General	Fixed Asset	Total
		Funds	Funds	Funds	Funds
		f	f	f	f
Tangible	fixed assets	1,302,462		129,990	1,432,452
Fixed asset investment				445,066	445,066
Current	assets	211,722			211,722
Current	liabilities	(419,270)			(419,270)
Long term creditors		(699,721)			(699,721)
Total Net Assets		395,193		575,056	970,249

			Balance at			Gains	Other	Balance at
17. Funds			01-Apr	Incoming	Resources	Losses	recognised	31-Mar
			2019	resources	expended	Transfers	gains/(losses)	2020
Endowment Funds
Permanent endowment		funds
Endowment of land	and
buildings			670,115	15,469			~110,528	575,056
Total Endowment Funds			670,115	15,469			(110,528)	575,056
Restricted Funds
Restricted funds Total Restricted Funds				3,033 3,033	(3,033) ~3,033
Unrestricted Funds
General Unrestricted	Funds		223,410	295,916	(146,057)		388	373,657
Tennis Court resurfacing			18,400					18,400
Foundation Appeal Total Unrestricted Funds			3,136 244,946	295,916	~246,057		388	3,136 395,193
Total Funds			915,061	314,418	~149,090)		(110,140)	970+49

value ofpermanent endowme	nt assets by investme	nt and accumulation ofin	nt and accumulation ofin	come as follows;
The total amount contracted	for but not provided	in the financial statements		was ENil (2020- ENil).
Value of land sold	Recoupment order		Rate ofrecoupment Period of		recoupment
E15,000	22 May 1986		f135p.a	40years
E14,000	15April 1987		f126p.a	40years
In the year ended 31stMarch	2021fnil (2020:fnil) was transferred		from the	general fund in furtherance	ofthe order.

			Balance at			Gains	Other	Balance at
17. Funds			01-Apr	Incoming	Resources	Losses	recognised	31-Mar
			2020	resources	expended	Transfers	gains/(losses)	2021
			E	f	f	f	E	E
Endowment Funds
Permanent endowment		funds
Endowment ofland	and
buildings			575,056	9,842			103,687	688,585
Total Endowment Funds			575,056	9,842			103,687	688,585
Restricted Funds Restricted funds Total Restricted Funds				3,094 3.094	~1,583 ~1,583			1,511 1,511
Unrestricted Funds
General Unrestricted	Funds		373,657	295,612	(143,770)		1,397	526,896
Tennis Court resurfacing			18,400					18,400
Foundation Appeal			3,136					3,136
Total Unrestricted Funds			395,193	295,612	(143,770)		1,397	548,432
Total Funds			970,249	308.548	~(145353		105,084	1,238,528

12.	Fixed asset investments	Fixed asset investments		2021	2020
				f	f
	Other investments			559,992	445,066
				559,992	445,066
				Usted
				investments	Total
				f	f
	Cost orValuation
	At01April 2020			445,066	445,066
	Revaluation			105,084	105,084
	Additions			9,842	9,842
	Disposals			0	0
	At31March 2021			559,992	559,992
	Net book value
	At 31March 2021			559,995	559,992
	At 31March 2020			445,066	545,066
13	Debtors			2021	2020
				f	f
	Other debtors			5,757	5,757
				5,757	5,757
14.	Creditors: amounts	falling due within one year		2021 f	2020 f
	Bank loans			128,350	121,917
	Deferred income			290,700	290,700
	Accruals			4,557	6,653
				423,607	419,270
	Deferred income comprises:
	Dallam School	boarding	house rent	290,700	290,700
				290,700	290,700
15.	Creditors: amounts	falling due after more than one year		2021 f	2020 f
	Bank loans			570,320	699,721
				570,320	699,721

	Land &	Total
Cost	Buildings f	f
At 01April 2020	1,432,452	1,432,452
Additions	18,000	18,000
Disposals
At 31March 2021	1,450,452	1,450,452
Depreciation
At 01April 2020
Disposals
Charge in year
At 31March 2021
Net book value
At 31March 2021	1,450,452	1,450,452
At 31March 2020	1,432,452	1,432,452

						Year	Year
				Unrestricted	Restricted	Ended	Ended
				Fundsf	Funds f	2021 f	2020 f
Bank loan interest				32,700		32,700	40,402
				32,700		32,700	40,402
2020total				40,402		40,402
Analysis ofgovernance			and support costs
						Year	Year
				Unrestricted	Restricted	Ended	Ended
				Funds	Funds	2021	2020
				f	f	f	f
Independent	examiner fees
Examination		ofthe
financial statements				350	350	700	100
Legal fees				5,720		5,720	605
				6,070	350	6,420	705
2020 total				655	50	705

	Notes	to the Financial Statement	to the Financial Statement	s for the Year Ende	d 31M	arch 2	021(continue	d)
5.	Expenditure	on charitable activities
							Year	Year
	Charitable Activities by fund			Unrestricted	Restricted		Ended	Ended
				Funds	Funds		2021	2020
				f	f		E	f
	Scholarships,		awards and prizes		1	233	1233	2,983
	Donations to		Dallam School for;
	General			100,000			100,000	100,000
	Tennis	Court		2,000			2,000	2,000
	Tristrams
	Library			3,000			3,000	3,000
	Boarding		extension
	Governance	costs		6,070		350	6,420	705
				111,070	1,583		112,653	108,688
	2020total			105,655	3,033		108,688
	Charitable Activities by activity			Activity	Grant		Year	Year
				undertaken	funding		Ended	Ended
				directly f	ofactivity		2021 f	2020 f
	Scholarships,		awards and prizes	1233			1.233	2,983
	Donations to		Dallam School for;
	General				100,000		100,000	100,000
	Tennis	Court			2,000		2,000	2,000
	Tristrams
	Library				3,000		3,000	3,000
	Boarding		extension
	Governance	costs		700			700	705
				1,933	105,000		106,933	108,688

Income from charitable	activities				Year	Year
			Unrestricted	Restricted	Ended	Ended
			Funds	Funds	2021	2020
			E	E	E	E
Rent from Dallam School	for boarding	house	290,700		290,700	290,700
			290,700		290,700	290,700
2020total			290,700		290,700

3.	Income froin other trading activities	Income froin other trading activities	Income froin other trading activities					Year	Year
						Unrestricted	Restricted	Ended	Ended
						Funds	Funds	2021	2020
	Tennis court user		fees			2,000		2,000	2,000
						2,000		2,000	2,000
	2020total					2,000		2,000
4.	Investment	Income						Year	Year
				Unrestricted		Restricted	Endowment	Ended	Ended
				Funds		Funds	Funds	2021	2020
				f		f	f	E	E
	Dividends	receivable from
	other	listed	investments	1,880		3,094	9,842	14,816	20,345
	Other income from fixed
	asset	investments			826			826		826
	Other investment		income		206			206		547
				2,912		3,094	9,842	15,848	21,718
	2020total			3,216		3,033	15,469	21,718

				2021		2020
			Note	E
Fixed assets
Tangible assets			11	1,450,452		1,432,452
Investments			12	559,992		445,066
					2,010,444		1,877,518
Current assets
Debtors			13	5,757		5,757
Cash at bank	and in hand			216,254		205,965
				222,011		211,722
Liabilities
Creditors: amount		falling due within one year	14	(423,607)		(419,270)
Net current	assets				(201,596)		(207,548)
Total Assets	less current liabilities				1,808,848		1,669,970
Creditors: amount		falling due after more than one year	15		(570,320)		(699,721)
Total Net Assets					1,238,528		970,249
Funds ofthe	charity:
Endowment	funds				688,585		575,056
Restricted funds					1,511
Unrestricted	income funds
Unrestricted	funds				548,432		395,193
Total funds			17		1,238,528		970,249

			Unrestricted	Restricted	Endowment	Total
			Funds	Funds	Funds	2020
		Note		f	f	f
Income and endowments	from:
Charitable activities			290,700			290,700
Other trading activities			2,000			2,000
Investment income			3,216	3,033	15469	21718
Totallncome			295,916	3,033	15,469	314,418
Expenditure on:
Charitable activities: Other expenditure Total expenditure			(105,655) (40,402) ~146,057	(3,033) ~3,033		(108,688) ~40 402 ~149,090
Gains/losses on investment	assets		388		~110528	~110140
Net income / (expenditure)			150,247		(95,059)	55,188
Transfers between funds
Net movement in funds			150,247		(95,059)	55,188
Reconciliation offunds
Total funds brought forward			244,946		670115	915,061
Total funds carried forward		17	395,193		575,056	970,249

			Unrestricted	Restricted	Endowment	Total
			Funds	Funds	Funds	2021
		Note	E	E	f	E
Income and endowments	from:
Charitable activities			290,700			290,700
Other trading activities			2,000			2,000
Investment income			2,912	3,094	9842	15848
Total income			295,612	3,094	9,842	308548
Expenditure on:
Charitable activities: Other expenditure Total expenditure		5 6	(111,070) ~32.700 ~143,770	(1,583) ~1,583		(112,653) ~32700 ~145.353
Gains/losses on investment	assets		1 397		1D3687	105084
Net income / (expenditure)			153,239	1,511	113,529	268,279
Transfers between funds
Net movement in funds			153,239	1,511	113,529	268,279
Recondliation offunds
Total funds brought forward			395,193		575,056	970,249
Total funds carried forward		17	548,432	1,511	688,585	1,238,528

Chief Executive Officer	Chief Executive Officer	Chief Executive Officer	W Coxon
							Appointment	Resignation
							Date	Date
Trustees			R Pirie
			R Villiers-Smith
			S R Pickthall
			J CWatton
			R A Willacy
			M Rayner
			R Williams				01/01/2021
Secretary			Mrs J Hamer
Prlndpal	Office		Dallam School
			Milnthorpe
			Cumbria
			LA7 7DD
Bankers			Lloyds Bank Pic
			Kendal
			11Finkle Street
			Kendal
			LA9 4AG
Independent		Examiner	Stables Thompson		& Briscoe
			Chartered	Accountants		&Statutory Auditors
			Lowther House
			Lowther Street
			Kendal
			LA9 4DX

	Page
Reference and Administrative Details
Trustees' Report	2to5
Statement ofTrustees' Responsibilities
Independent Examiner's Report
Statement ofFinancial Activities	8to 9
Balance Sheet	10
Notes to the Financial Statements	11to 23