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|||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|
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|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|||||||
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||||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|
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||||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|
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||||||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|
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|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||||
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|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||
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||||||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||
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||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|
##
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|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|
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|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|
##
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||||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|
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|||||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|