##
##
|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|
##
##
##
|2|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|||
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|||||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|
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|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|