2022-03-31-accounts

		Page
Reference and Administrative Details
Trustees' Report		2to5
Statement ofTrustees'	Responsibilities
Independent Examiner's Report
Statement of Financial	Activities	Bto9
Balance Sheet		10
Notes tothe Financial	Statements	11to 23

Chief Executive Officer	Chief Executive Officer	Chief Executive Officer	W Coxon
								Appointment	Resignation
								Date	Date
Trustees			R Pirie
			RVilliers-Smith
			S R Pickthall
			J CWatton
			R A Willacy
			M Rayner
			R Williams
Secretary			Mrs J Hamer
Principal	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

			Unrestricted	Restricted	Endowment	Total
			Funds	Funds	Funds	2022
		Note		E	E	E
income and endowments	from:
Charitable activities		2	290,700			290,700
Other trading activities		3	2,000			2,000
Investment income		4	2,718	3,156	12655	18529
Total income			295,418	3,156	12,655	311,229
Expenditure on:
Charitable activities: Other expenditure Total expenditure		5 6	(106,350) ~27,111 ~133,461	(1,735) ~1735		(108,085) ~27 111 ~135196
Gains/losses on investment	assets		2 103		36656	38759
Net income / (expenditure)			164,060	1,421	49,311	214,792
Transfers between funds
Net movement in funds			164,060	1,421	49,311	214,792
Reconciliation offunds
Total funds brought forward			548,432	1,511	688,585	1,238,528
Total funds carried forward		17	712,492	2 932	737 896	1,453,320

			Unrestricted	Restricted	Endowment	Total
			Funds	Funds	Funds	2021
		Note		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	308,548
Expenditure on:
Charitable activities: Other expenditure Total expenditure		6	(111,070) ~32.700 ~143,770	(1,583) ~1,583		(112,653) ~32 70D ~145,353
Gains/losses on investment	assets		1397		103687	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
Reconciliation offunds
Total funds brought forward			395 193		575,056	970249
Total funds carried forward		17	548,432	1,511	688,585	1238,528

					2022		2021
				Note	E
Fixed assets
Tangible assets				11	1,450,452		1,450,452
Investments				12	611,405		559,992
						2,061,857		2,010,444
Current assets
Debtors				13	6,587		5,757
Cash at bank	and in hand				249,383		216,254
					255,970		222,011
Liabilities
Creditors: amount		falling	due within one year	14	(428,022)		(423,607)
Net current	assets					(172,052)		(201,596)
Total Assets	less current		liabilities			1,889,805		1,808,848
Creditors: amount		falling	due after more than one year	15		(436,485)		(570,320)
Total Net Assets						1,453,320		1,238,528
Funds ofthe	charity:
Endowment	funds					737,896		688,585
Restricted funds						2,932		1,511
Unrestricted	income funds
Unrestricted	funds					712,492		548,432
Total funds				17		1,453,320		1,238,528

2	Income from charitable	activities				Year	Year
				Unrestricted	Restricted	Ended	Ended
				Funds	Funds	2022	2021
				f	f	f	f
	Rent from Dallam School	for boarding	house	290,700		290,700	290,700
				290,700		290,700	290,700
	2021total			290,700		290,700

Income from other	Income from other	Income from other	trading activities					Year		Year
						Unrestricted	Restricted	Ended		Ended
						Funds	Funds	2022		2021
Tennis court user		fees				2,000		2,000		2,000
						2,000		2,000		2,000
2021total						2,000		2,000
Investment	Income							Year		Year
				Unrestricted		Restricted	Endowment	Ended		Ended
				Funds		Funds	Funds	2022		2021
				f		f	f	f		f
Dividends	receivable		from
other	listed	investments		1,918		3,156	12,655	17,729		14,816
Other income from			fixed
asset	investments				827				827		826
Other investment		income			(27)				(27)		206
				2,718		3,156	12,655	18,529		15,848
2021total				2,912		3,094	9,842	15,848

Expenditure		on chari	table activities
						Year	Year
Charitable Activities			by fund	Unrestricted	Restricted	Ended	Ended
				Funds	Funds	2022	2021
				f	f	f	f
Scholarships,		awards	and prizes		1,425	1,425	1,233
Donations to		Dallam	School for;
General				100,000		100,000	100,000
Tennis	Court			2,000		2,000	2,000
Library				3,000		3,000	3,000
Establishment		costs		135		135
Governance	costs			1,215	310	1,525	6,420
				106,350	1,735	108,085	112,653
2021total				111,070	1,583	112,653
Charitable Activities			by activity	Activity	Grant	Year	Year
				undertaken	funding	Ended	Ended
				directly f	ofactivity f	2022 f	2021 f
Scholarships,		awards	and prizes	1,425		1,425	1233
Donations to		Dallarn	School for;
General					100,000	100,000	100,000
Tennis	Court				2,000	2,000	2,000
Library					3,000	3,000	3,000
Establishment		costs		135		135
Governance	costs			1,525		1,525	6,420
				3,085	105,000	108,085	112,653
2021tota I				7,653	105,000	112,653

					Year	Year
			Unrestricted	Restricted	Ended	Ended
			Funds	Funds	2022	2021
				E	E	f
Bank	loan	interest	27,111		27 111	32,700
			27,111		27,111	32,700
2021	total		32,700		32,700

Analysis ofg	overn	ance and support cos	ts
					Year	Year
			Unrestricted	Restricted	Ended	Ended
			Funds	Funds	2022	2021
				f	E	E
Independent	examiner fees
Examination		ofthe
financial	statements		310	310	620	700
Legal fees			905		S05	5,720
			1,215	310	1,525	6,420
2021total			6,070	350	6,420

	Land 8	Total
	Buildings
Cost	f	f
At 01April 2021	1,450,452	1,450,452
Additions
Disposals
At31March 2022	1,450,452	1,450,452
Depreciation
At 01April 2021
Disposals
Charge in year
At 31March 2022
Net book value
At 31March 2022	1,450,452	1,450,452
At 31March 2021	1,450,452	1,450,452

12.	Fixed asset investments	Fixed asset investments		2022	2021
				f	f
	Other investments			611,405	559,992
				611,405	559,992
				Listed
				investments	Total
				f	f
	Cost or Valuation
	At 01April 2021			559,992	559,992
	Revaluation			38,793	38,793
	Additions			12,620	12,620
	Disposais			0	0
	At 31March 2022			611,405	611,405
	Net book value
	At 31March 2022			611,405	611,405
	At 31March 2021			559,992	559,992
13	Debtors			2022	2021
				f	f
	Other debtors			6,587	5,757
				6,587	5,757
14.	Creditors: amounts	falling due within one year		2022 f	2021 f
	Bank loans			133,465	128,350
	Deferred income			290,700	290,700
	Accruais			3,857	4,557
				428,022	423,607
	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		2022 f	2021 f
	Bankloans			436,485	570,320
				436,485	570,320

value ofpermanent endowment assets by investme	value ofpermanent endowment assets by investme	nt and accumulation ofi	ncome as follows:	ncome 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	E135p.a		40years
E14,000	15April 1987	E126p.a		40years

			Balance at			Gains	Other	Balance at
17. Funds			01-Apr	Incoming	Resources	Losses	recognised	31-Mar
			2021	resources	expended	Transfers	gains/(losses)	2022
Endowment Funds
Permanent endowment		funds
Endowment of land	and
buildings			688,585	12,655			36,656	737,896
Total Endowment Funds			688,585	12,655			36,656	737,896
Restricted Funds
Restricted funds Total Restricted Funds			1,511 1,511	3,156 3,156	(1,735) ~1.735			2,932 2,932
Unrestricted Funds
General Unrestricted	Funds		526,896	295,418	(133,461)		2,103	690,956
Tennis Court resurfacing			18,400					18,400
Foundation Appeal Total Unrestricted Funds			3,136 548,432	295,418	~(133,461		2,103	3,136 712,492
Total Funds			1,238,528	311,229	(135,196)		38,759	1,453,320

			Balance at			Gains	Other	Balance at
17. Funds			01-Apr	Incoming	Resources	Losses	recognised	31-Mar
			2020	resources	expended	Transfers	gains/(lasses)	2021
Endowment Funds
Permanent endowment		funds
Endowment of land	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			910,349	308,548	~145,353		105,084	1,238,528

				Restricted	Endowment
			Unrestricted	General	Funds	Total
			Funds f	Fundsf	Permanent f	Funds f
Tangible	fixed assets		1,323,961		126,491	1,450,452
Fixed asset investment					611,405	611,405
Current	assets		253,038	2,932		255,970
Current	liabilities		(428,022)			(428,022)
Long term creditors			(436,485)			(436,485)
Total Net Assets			712,492	2,932	737,896	1,453,320
Comparative information		in respect otthe preceding	period is as follows:
				Restricted	Restricted
			Unrestricted	General	Fixed Asset	Total
			Funds	Funds	Funds	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