2021-06-30-accounts

Report ofthe Trustees
Independent Examiner's	Report	to the Trustees
Statement of Financial	Activities
Statement ofFinaneal	Position
Notes to the Financial Statements			5 to 8
Detailed Statement of Financial		Activities

REFERENCE AND	REFERENCE AND	ADMiNISTRA	TIVE INFORMATION
Name ofCharity			Fairfield Endowed	School Trust
Charity registration		number	526999
Principal address			124 Brown Edge Road
			Buxton
			Derbyshire
			SK177AB
Trustees
The trustees	and officers serving		during the year and since the year end were as follows:
			Mr Martin Bisknell
			Mr Charles Kitchen
			Ms Lynn Stone
			Ms Marion Wright
			The Revd'. Carl Edwards
			Ms Rachel Quinn
			Mr Anthony Melllor
			Mr Alan Pimblett
			Mr David Kerr
Secretary			Mrs Caitlin Bisknell
Senior management			Mr Martin Bisknell
			(Chair Person)
Independent	examiners		ABSAccountancy	Ltd
			Suite 1 Harewood	Business Centre
			2 Fairfield Road
			Buxton
			Derbyshire
			SK177DW

			Notes	Unrestricted	Endowment	2021		2020
				funds	funds
				6		6
Income and	endowments	from:
Donations	and legacies		2	1			1		(1'
Investments			3	997	32,203		33,200		32,609
Other income			4	460			480
Total				1,478	32,203		33,881		32,608
Expenditure	on:
Charitable	activities		5/6	(31,108)			(31,108)		(31,245',
Total				(31,108)			(31,108)		(31,245'
Net gains on	investments			4,701	152,720		157,421		26,641
Transfers between funds				32,203	(32,203)
Other recognised gains/losses
Net movement in funds				7,274	152,720		159,994		28,004
Reconciliation offunds
Total funds	brought forward			117,833	1,028,681		1,146,714		1,118,710
Total funds	carried forward			125,107	1,181,601		1,306,708		1,146,714

			Notes	2021		2020
Fixed assets
Intangible assets			11		1,217,976		1,060,555
Tangible assets			12		60,000		60,000
					1,277r976		1,120,555
Current assets
Debtors			13		336
Cash at bank and		in hand			29,025		27,568
					29,361		27,568
							'
Creditors: amounts		falling due within one year	14		(629)		(1,409,
Net current assets					28,732		26,159
Total assets	less current liabilities				1,306,708		1,146,714
Net assets					1,306,708		1,146,714
The funds of	the charity
Endowment	funds				1,181,601		1,028,881
Unrestricted	income funds				125,107		117,833
Total funds					1,306,708		1,146,714

osts ofcharit	able a	ctivities by fund type
			2021		2020
Unrestricted	funds
Personal educational		grants		28,560		21,800
Grants to institutions						6,500
Support costs				2,548		2,945
				31,108		31,245

Comparative for th		e State	ment of Financial Activities
				Unrestricted	Endowment	2020
				funds	funds
					6	f
Income and endowments			trom:
Donations and legacies					(1)		(1;
investments					31,625		32,609
Total				984	31,924		32,808
Expenditure on:
Charitable activities				(31,245)			(31,245
Total				(31,245)			(31,245'
Net gains on investments				796	25,845		26,641
Transfers between		funds		31,624	(31,624)
Other recognised	gains/losses
Net movement in funds				2,159	25,845		28,004
Reconciliation offunds
Total funds brought		forward		115,674	1,003,036		1,118,710
Total funds carried		forward		117,833	1,028,881		1,146,714
Intangible fixed assets
				Foundation	Accumulated		Tote
				Fund	Fund
Cost or valuation						6
At 01 July 2020				112,636	135		112,771
Revaluations				1,068,965	36,240		1,105,205
At 30June 2021				1,181,601	36,375		1,217,976
Net book values
At 30June 2021				1,181,601	36,375		1,217,976
At 30June 2020				112,636	135		112,771
Tangible fixed assets
							Land anc
Cost or valuation							Buildings
						8
At 01 July 2020							60,000
At 30June 2021							60,000
Net book values
At 30June 2021							60,000
At 30June 2020							60,000

13.Debtors
					2021		2020
					5		6
Amounts due		within	one year.
Trade debtors						336
						336
14.Creditors: amounts			falling due within one year
					2021		2020
Trade creditors						186		420
Accrue)a and		deferred income				443		989
						629		1,409
16.Analysis of	net assets between funds
				Intangible	Tangible	Net current	Net	Assets
				fixed assets	fixed assets	assets I
						(liabilities)
Unrestricted		funds
General
Foundation				36,375	60,000	28,732		125,107
Endowment	1'unds
Permanent
Endowment				1,181,601				1,181,601
				1,217,976	60,000	28,732		1,306,708
Previous year
				Intangible	Tangible	Net current	Net	Assets
				fixed assets	fixed assets	assets I
						(liabilities)
Unrestricted		funds
General
Foundation				31,674	60,000	26,	159	117,833
Endowment	funds
Permanent
Endowment				1,028,881				1,028,881
				1,060,555	60,000	26,159		1,146,714

					2021		2020
					8
INCOME AND ENDOWMENT
Donations and	legacies
Donations						1		(1)
investments
Income from	listed investments					33,188		32,536
Bank interest	receivable					12		73
						33,200		32,609
Other income
Other income						480
						480
Total incoming resources						33,681		32,608
EXPENDITURE
Charitable activities
Cost ofgrant	funded charitable		activity (Personal			(28,560)		(21,800)
educational grants)
Cost of grant	funded charitable		activity (Grants to					(6,500)
institutions)
						(28,560)		(28,300)
SUPPORT COSTS
Governance costs
Governance	costs (Personal educational			grants)		(2,548)		(2,945)
						(2,548)		(2,945)
Total resources	expended					(31,108)		(31,245)
NET INCOME BEFORE GAINS		AND LOSSES
Other recognised gains and		losses
Gains/(loss) on revaluation		of	investments			157,421		26,641
						157,421		26,641
Net income before gains and losses						157,421		26,641
Net Income						159,994		28,004