| Page | |
|---|---|
| Reference and Administrative Details |
|
| Trustees' Report |
2to5 |
| Statement ofTrustees' Responsibilities |
|
| Independent Examiner's Report |
|
| Statement ofFinancial Activities | Bto9 |
| Balance Sheet | 10 |
| Notes tothe Financial Statements | 11to 23 |
| Chief Executive Officer | Chief Executive Officer | W Coxon | ||||
|---|---|---|---|---|---|---|
| Appointment | Resignation | |||||
| Date | Date | |||||
| Trustees | R Pirie | |||||
| RVilliers-Smith | ||||||
| S R Pickthall | ||||||
| J CWatton | ||||||
| RA Willacy | ||||||
| M Rayner | ||||||
| SJ Henneberry | 10/02/2023 | |||||
| RTWilliams | 31/12/2022 | |||||
| Mrs J Hamer | ||||||
| Principal ONce | Dallam School | |||||
| Milnthorpe | ||||||
| Cumbria | ||||||
| IA7 7DD | ||||||
| Bankers | Uoyds Bank Ptc | |||||
| Kendal | ||||||
| 11Finkle Street | ||||||
| Kendal | ||||||
| LA9 4AG | ||||||
| Independent | Examiner | Stables Thompson | &Briscoe | |||
| Chartered Accountants |
&Statutory Auditors | |||||
| Lowther House | ||||||
| Lowther Street | ||||||
| Kendal | ||||||
| LA94DX |
| Unrestricted | Restricted | Endowment | Total | |||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2023 | |||
| Note | E | E | E | E | ||
| Income and endowments | from: | |||||
| Charitable activities |
2 | 290,700 | 290,700 | |||
| Other trading activities | 3 | 3,800 | 3,800 | |||
| Investment income |
4 | 3025 | 3 219 | 14747 | 20991 | |
| Total income | 297525 | 3219 | 14,747 | 315491 | ||
| Expenditure on: | ||||||
| Charitable activities: Other expenditure Total expenditure |
5 6 |
(106,235) ~26,823 ~133,05S |
(2,066) ~2,066 |
(108@01) ~26 823 ~135124 |
||
| Gains/losses on investment |
assets | 2 103 | ~27943 | ~25 840 | ||
| Net income / (expenditure) | 166,570 | 1,153 | (13,196) | 154,527 | ||
| Transfers between funds | ||||||
| Net movement in funds |
166,570 | 1,153 | (13,196) | 154,527 | ||
| Recondllation offunds |
||||||
| Total funds brought forward | 712492 | 2932 | 737,896 | 1,453 320 | ||
| Total funds carried forward | 17 | 879062 | 4,085 | 724,700 | 1,607847 |
| Unrestricted | Restricted | Endowment | Total | |||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2022 | |||
| Note | E | E | E | E | ||
| Income and endowments | from: | |||||
| Charitable activities |
290,700 | 290,700 | ||||
| Other trading activities | 2,000 | 2,000 | ||||
| Investment income |
2,718 | 3,156 | 12655 | 18529 | ||
| Total income | 295,418 | 3,156 | 12655 | 311,229 | ||
| Expenditure on: | ||||||
| Charitable activities: Other expenditure Total expenditure |
(106,350) (27,111) ~233461 |
(1,735) ~2,735 |
(108,085) ~27111 ~135,296 |
|||
| 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 | ||
| Reconcllfatlon offunds | ||||||
| Total funds brought forward | 548,432 | 1511 | 6SS585 | 1238,528 | ||
| Total funds carried forward | 17 | 712492 | 2 932 | 737896 | 1453 320 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Rxed assets | |||||
| Tangible assets | 11 | 1,450,452 | 1,450,452 | ||
| Investments | 12 | 600,311 | 611,405 | ||
| 2,050,763 | 2,061,857 | ||||
| Current assets | |||||
| Debtors | 13 | 6,583 | 6,587 | ||
| Cash at bank and in hand | 182,273 | 249,383 | |||
| 188,856 | 255,970 | ||||
| Uabilitles | |||||
| Creditors: amount falling due within one year | 14 | (399,975) | (428,022) | ||
| Net current assets | (211,119) | (172,052) | |||
| Total Assets less current liabilities | 1,839,644 | 1,889,805 | |||
| Creditors: amount falling due after more than one year | 15 | (231,797) | (436,485) | ||
| Total Net Assets | 1,607,847 | 1,453,320 | |||
| Funds ofthe charity: | |||||
| Endowment funds |
724,700 | 737,896 | |||
| Restricted funds | 4,085 | 2,932 | |||
| Unrestricted income funds |
|||||
| Unrestricted funds |
879,062 | 712,492 | |||
| Total funds | 17 | 1,607,847 | 1,453,320 |
| Income from charitable activrtles | Year | Year | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Ended | Ended | |
| Fundsf | Fundsf | 2023 f |
2022f | |
| Rent from Dallam School for boarding house | 290700 | 290,700 | 290,700 | |
| 290,700 | 290,700 | 290,700 | ||
| 2022 total | 290,700 | 290 700 |
| Income from other trading activities | Income from other trading activities | Income from other trading activities | Year | Year | |||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Ended | Ended | ||||||
| Funds | Funds | 2023 | 2022 | ||||||
| Tennis court user | fees | 2,000 | 2,000 | 2,000 | |||||
| Hire ofGrounds | 1800 | 1,&00 | |||||||
| 3,800 | 3,800 | 2,000 | |||||||
| 2022 total | 2,000 | 2 | 000 | ||||||
| Investment | Income | Year | Year | ||||||
| Unrestricted | Restricted | Endowment | Ended | Ended | |||||
| Fundsf | Funds f |
Funds f |
2023 f |
2022f | |||||
| Dividends | receivable from | ||||||||
| other | listed | investments | 1,956 | 3,219 | 14,747 | 19,922 | 17,729 | ||
| Other income from fixed asset investments Other investment income |
830 239 |
830 299 |
827 ~27 |
||||||
| 3,025 | 3,219 | 14,747 | 20 | 991 | 18 | 929 | |||
| 2022 total | 2,718 | 3,156 | 12,655 | 18,529 |
| Expenditure | on charitable actMties | ||||
|---|---|---|---|---|---|
| Year | Year | ||||
| Charitable ActMties by fund | Unrestricted | Restricted | Ended | Ended | |
| Funds f |
Funds f |
2023f | 2022 f |
||
| Scholarships, | awards and prIzes | 1,721 | 1,721 | 1,425 | |
| 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 | |||
| Governance | costs | 1,235 | 1,580 | 1,525 | |
| 106,235 | 2,066 | 108301 | 108,085 | ||
| 2022total | 106,350 | 1,735 | 108,085 | ||
| Charitable ActivNes by actMty | ActMty | Grant | Year | Year | |
| undertaken | funding | Ended | Ended | ||
| directly f |
ofactMty f |
2023f | 2022 f |
||
| Scholarships, | awards and prizes | 1,721 | 1,721 | 1,425 | |
| Donations to Dallam School for, | |||||
| General | 100,000 | 100,000 | 100,000 | ||
| Tennis | Court | 2,000 | 2,000 | 2,000 | |
| Ubrary | 3,000 | 3,000 | 3,000 | ||
| Establishment | costs | 135 | |||
| Governance | costs | 1,580 | 1,525 | ||
| 3,301 | 105000 | 108,301 | 108,085 | ||
| 2022total | 3,085 | 105,000 | 108,085 |
| Year | Year | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Ended | Ended | ||||
| Funds E |
Funds f |
2023 f |
2022f | ||||
| Bank loan interest | 26,823 | 26,823 | 27,111 | ||||
| 26,823 | 26,823 | 27,111 | |||||
| 2022total | 27,111 | 27,111 | |||||
| Analysis ofgovernance | and support costs | ||||||
| Year | Year | ||||||
| Unrestricted | Restrkted | Ended | Ended | ||||
| Funds f |
Funds f |
2023 E |
2022f | ||||
| Independent | examinerfees | ||||||
| Examination | ofthe | ||||||
| finandal | statements | 345 | 690 | 620 | |||
| Legal fees | 890 | 890 | 905 | ||||
| 1,235 | 1,580 | 1525 | |||||
| 2022total | 1,215 | 310 | 1,525 |
| land It | Total | |||
|---|---|---|---|---|
| Cost | Buildings f |
f | ||
| At 01April 2022 | 1,450,452 | 1,450,452 | ||
| Additions | ||||
| Disposals | ||||
| At31March 2023 | 1,450,452 | 1,450,452 | ||
| Depredation | ||||
| At01April 2022 | ||||
| Disposals | ||||
| Charge in year | ||||
| At31March 2023 | ||||
| Net book value | ||||
| At31March 2023 | 1+50,452 | 1,450~2 | ||
| At31March 2022 | 1,450,452 | 1850852 | ||
| Freehold land and buildings | held forfunctional | use: |
| 12. | Fixed asset investments | Fixed asset investments | 2023 f |
2022f |
|---|---|---|---|---|
| Other investments | 600,311 | 611,405 | ||
| 600,311 | 611,405 | |||
| Usted | ||||
| investments f |
Totalf | |||
| Cost orValuation | ||||
| At01April 2022 | 611,405 | 611,405 | ||
| Revaluation | (25,806) | (25,806) | ||
| Additions | 14,712 | 14,712 | ||
| Dispose Is | 0 | 0 | ||
| At31March 2023 | 600,311 | 600,311 | ||
| Net book value | ||||
| At31March 2023 | 600@11 | |||
| At31March 2022 | 611A05 | 611,405 | ||
| 2023f | 2022 f |
|||
| Other debtors | 6,583 | 6,587 | ||
| 6,583 | 6,587 | |||
| 14. | Creditors: amounts | falling due within one year | 2023f | 2022 f |
| Bank loans | 106,418 | 133,465 | ||
| Deferred income | 290,700 | 290,700 | ||
| Accruals | 2,857 | 3,857 | ||
| 399,975 | 428,022 | |||
| Deferred income comprises: | ||||
| Dallam School | boarding house rent | 290,700 | 290,700 | |
| 290700 | 290,700 | |||
| 15. | Creditors: amounts | falling due after more than one year | 2023 f |
2022f |
| Bankloans | 231,797 | 436,485 | ||
| 231,797 | 436465 |
| Value ofland sold | Recoupment order |
Recoupment order |
Rate ofrecoupment | Rate ofrecoupment | Period ofrecoupment | Period ofrecoupment | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| f15,000 | 22 May 1986 | f135p.a | 40years | |||||||
| f14,000 | 15April 1987 | f126p.a | 40years | |||||||
| In the year ended 31st March | 2022 Enil (2020:Enil) | was | transferred | from the general fund in | furtherance ofthe order. |
|||||
| Recoupment monies are invested |
in COIF accumulation | shares, the value ofwhich at | 31stMarch 2023 was f37,941(2022 | |||||||
| E38,268). | ||||||||||
| Balance at | Gains | Other | Balance at | |||||||
| 17. Funds | 01-Apr | Incoming | Resources | losses | recognised | 31-Mar | ||||
| 2022 | resources | expended | Transfers | gains/(losses) | 2023 | |||||
| Endowment Funds |
||||||||||
| Permanent endowment |
funds | |||||||||
| Endowment ofland and |
||||||||||
| buildings | 737896 | 14,747 | ~27,943 | 724,700 | ||||||
| Total Endowment Funds |
737,896 | 14,747 | (27,943) | 724,700 | ||||||
| Restricted Funds Restricted funds Total Restricted Funds |
28I32 2+32 |
3,219 3,219 |
~2,066) ~2066 |
4,085 4,085 |
||||||
| Unrestricted Funds |
||||||||||
| General Unrestricted | Funds | 690,956 | 297,525 | (133,058) | 2,103 | 857,526 | ||||
| Tennis Court resurfacing | 18,400 | 18,400 | ||||||||
| Foundation Appeal Total Unrestricted Funds |
3,136 712492 |
297,525 | ~233,058) | 2,103 | 3,136 879,062 |
|||||
| TotalFunds | 1A3$820 | $25892 | ~2$9,274 | ~29.$40) | 1807,847 |
| Balance at | Gains | Other | Balance at | |||||
|---|---|---|---|---|---|---|---|---|
| 17. Funds | 01-Apr | incoming | Resources | Losses | recognised | 31-Mar | ||
| 2021 | resources | expended | Transfers | gains/(losses) | 2022 | |||
| f | f | f | ||||||
| Endowment Funds |
||||||||
| Permanent endowment |
funds | |||||||
| Endowment ofland |
and | |||||||
| buildings | 688,585 | 12,655 | 36,656 | 737,896 | ||||
| Total Endowment Funds |
688,585 | 12,655 | 36,656 | 737,896 | ||||
| Restricted Funds Restricted funds Total Restricted Funds |
1,511 1,511 |
3,156 3,156 |
~(1,735 ~(1,735 |
2 932 2,932 |
||||
| Unrestricted Funds |
||||||||
| General Unrestricted | Funds | 526,896 | 295,418 | (133,461) | 2,103 | 690,956 | ||
| Tennis Court resurfacing | 18,400 | 18,400 | ||||||
| Foundation Appeal Total Unrestrkted Funds |
3,136 548,432 |
295,418 | ~733,461) | 2,103 | 3,136 712,492 |
|||
| Total Funds | 2gea&28 | ~522 | ~i235,2M | 3$,759 | ~2,455 26 |
| Restricted | Endowment | |||
|---|---|---|---|---|
| Unrestricted | General | Funds | Total | |
| Funds | Funds f |
Permanent f |
Fundsf | |
| Tangible fixed assets | 1,326,063 | 124,389 | 1,450,452 | |
| Fixed asset investment | 600,311 | 600,311 | ||
| Current assets | 184,771 | 4,085 | 188,856 | |
| Current liabilities | (399,975) | (399,975) | ||
| Long term creditors | (231,797) | (231,797) | ||
| Total Net Assets | 870,062 | 4006 | 724,700 | 1,607,847 |
| Restricted | Restricted | ||||
|---|---|---|---|---|---|
| Unrestricted | General | Fixed Asset | Total | ||
| Funds f |
Fundsf | Fundsf | 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+32 | 737/96 | 1,453+20 |