| REFERENCE AND | REFERENCE AND | REFERENCE AND | ADMINISTRATIVE | INFORMATION | |||||
|---|---|---|---|---|---|---|---|---|---|
| Name of | Charity | Fairtield Endowed | School Trust | ||||||
| Charity registration | number | 526999 | |||||||
| Principal address |
124Brown 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 - (Resigned | 11October 2022) | ||||||||
| Ms Marion Wright | |||||||||
| Ms Rachaei Quinn | |||||||||
| Mr Alan Pimblett | |||||||||
| Ms Anita Harlow - | (Appointed | 03 November | 2022) | ||||||
| Mrs Anne Rogerson | -(Appointed. | 20 March 2023) | |||||||
| Mrs Gill Kitchen | |||||||||
| Secretary | Mrs Caitlin Bisknell | ||||||||
| Senior management | Mr Martin Biskneil | - | (Chair Person) | ||||||
| ABSAccountancy | Ltd | ||||||||
| Independent examiners |
Suite 1 Herewood | Business | Centre 2 Fairfield | Road | |||||
| Buxton | |||||||||
| Derbyshire | |||||||||
| SK177DW | |||||||||
| Approved | by | the Board ofTrustees and | signed on its behalf by | ||||||
| QJ(7 (I (f-Jfd | |||||||||
| 01 March 2024 |
| Notes | Unrestricted | Endowment | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | |||||||
| income and | endowments | from: | ||||||
| Donations | and legacies | I | (I) | |||||
| Investments | 1,407 | 33,767 | 35,174 | 34,104 | ||||
| Otherincome | 480 | |||||||
| Total | 1,408 | 33,766 | 35,174 | 34,584 | ||||
| Expenditure | on: | |||||||
| Charitable | activities | 4/5 | (35,388) | (35,388) | (35,059) | |||
| Tata I | (35,388) | (35,388) | (35,059) | |||||
| Net gains on | investments | 10,204 | 35,536 | 45,740 | 60,105 | |||
| Transfers between |
funds | 33,766 | (33,766) | |||||
| Other recognised | gains/losses | |||||||
| Net movement in funds |
9,990 | 35,536 | 45,526 | 59,630 | ||||
| Reconciliation offunds |
||||||||
| Total funds | brought | forward | 123,385 | 1,243,615 | 1,367,000 | 1,306,908 | ||
| Total funds | carried | forward | 133,375 | 1,279,151 | 1,412,526 | 1,366,538 |
| Notes | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|
| Fixed assets | ||||||
| Intangible | assets | 1,322,734 | 1,278,061 | |||
| Tangible assets | 60,000 | 60,000 | ||||
| 1,382,734 | 1,338,081 | |||||
| Current assets | ||||||
| Debtors | 10 | 312 | ||||
| Cash at bank and | in hand | 30,726 | 30,056 | |||
| 30,726 | 30,368 | |||||
| Creditors: amounts | falling due within one year | (934) | (1,911) | |||
| Net current | assets | 29,792 | 28,457 | |||
| Total assets | less current | liabilities | 1,412,526 | 1,366,538 | ||
| Net assets | 1,412,526 | 1,366,538 | ||||
| The funds ofthe charity | ||||||
| Endowment | funds | 1,279,151 | 1,243,615 | |||
| Unrestncted | income funds | 133,375 | 122,923 | |||
| Total funds | 1,412,526 | 1,366,538 |
| 3.Other income | |||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Other income | 480 | ||||
| 480 | |||||
| 4.Costs ofcharitable | activities | by fund type | |||
| 2023 | 2022 | ||||
| Unrestricted funds |
|||||
| Personal educational |
grants | 6,800 | 13,865 | ||
| Grants to institutions | 20,630 | 17,595 | |||
| Support costs | 7,958 | 3,599 | |||
| 35,388 | 35,059 | ||||
| 5.Costs ofcharitable | activities | by activity type | |||
| 2023 | 2022 | ||||
| Grant funding ofactivities |
|||||
| Personal educational |
grants | 14,756 | 17,464 | ||
| Grants to insatutions | 20,630 | 17,595 | |||
| 35,388 | 35,059 | ||||
| 6.Analysis ofsupport | costs | ||||
| 2023 | 2022 | ||||
| Governance costs |
7,958 | 3,599 |
| Unrestricted | Endowment | 2022 | ||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| Income and endowments | from: | |||||
| Donations and legacies |
(1) | |||||
| Investments | 1,042 | 33,062 | 34,104 | |||
| Other income | 480 | 480 | ||||
| Total | 1,521 | 33,063 | 34,584 | |||
| Expenditure on: |
||||||
| Charitable activities |
(35,059) | (35,059) | ||||
| Total | (35,059) | (35,059) | ||||
| Net gains/(losses) | on investments | (1,909) | 62,014 | 60,105 | ||
| Transfers between funds |
33,063 | (33,063) | ||||
| Other recognised | gains/losses | |||||
| Net movement in |
funds | (2,384) | 62,014 | 59,630 | ||
| Reconciliation of | funds | |||||
| Total funds brought | forward | 125,307 | 1,181,601 | 1,306,908 | ||
| Total funds card/ed forward |
122,923 | 1,243,615 | 1,366,538 | |||
| 8. | Intangible fixed assets |
| ntangible fixed assets |
|||
|---|---|---|---|
| Foundation | Accumulated | Total | |
| Fund | Fund | ||
| Cost or valuation | |||
| At 01 July 2022 | 112,636 | 4,135 | 116,771 |
| Revaluations | 1,166,515 | 39,448 | 1,205,963 |
| At 30June 2023 | 1,279,151 | 43,583 | 1,322,734 |
| Net book values | |||
| At 30June 2023 | 1,279,151 | 43,583 | 1,322,734 |
| At 30June 2022 | 112,636 | 4,135 | 116,771 |
| Amounts due within |
one year: | |
|---|---|---|
| Trade debtors | ||
| 11.Creditors: amounts | falling due within | one year |
| Trade creditors | ||
| Accruals and deferred | income |
| Land | |
|---|---|
| and | |
| Bugdfn | |
| gs | |
| f | |
| 60,000 | |
| 60,000 | |
| 60,000 | |
| 60,000 | |
| 2023 | 2022 |
| 312 | |
| 312 | |
| 2023 | 2022 |
| 469 | 987 |
| 465 | 924 |
| 934 | 1,911 |
| Intangible | Tangible | fixed | Net current | Net current | Net Assets | ||
|---|---|---|---|---|---|---|---|
| fixed assets | assets | assets | / | ||||
| lliabkkies | |||||||
| ) | |||||||
| 6 | |||||||
| Unrestricted | funds | ||||||
| General | |||||||
| Foundation | 43,583 | 60,000 | 29,792 | 133,375 | |||
| Endowment | funds | ||||||
| Permanent | |||||||
| Endowment | 1,279,151 | 1,279,151 | |||||
| 1,322,734 | 60,000 | 29,792 | 1,412,526 |
| Intangible | Tangible | Axed | Net current | Net Assets | ||
|---|---|---|---|---|---|---|
| fixed | assets | assets I | ||||
| assets | iliabilities | |||||
| )f | ||||||
| Unrestricted | funds | |||||
| Generai | ||||||
| Foundation | 34,466 | 60,000 | 28,457 | 122,923 | ||
| Endowment | funds | |||||
| Permanent | ||||||
| Endowment | 1,243,615 | 1,243,615 | ||||
| 1,278,081 | 60,000 | 28,457 | 1,366,538 |
| INCOME AND ENDOWMENT | |||||
|---|---|---|---|---|---|
| Donations and legacies |
|||||
| Investments | |||||
| Income from listed investments | 34,561 | 34,062 | |||
| Bank interest receivable |
613 | 42 | |||
| 35,174 | 34,104 | ||||
| Other income | |||||
| Other income | 480 | ||||
| 480 | |||||
| Total incoming resources |
35,174 | 34,584 | |||
| EXPENDITURE | |||||
| Charitable activities |
|||||
| Cost of grant funded char/table |
activity (Personal | (6,800) | (13,865) | ||
| educational grants) |
|||||
| Cost ofgrant funded charitable |
activity (Grants to | (20,630) | (17,595) | ||
| institutions) | |||||
| (27,430) | (31,460) | ||||
| SUPPORTCOSTS | |||||
| Governance costs | |||||
| Governance costs (Personal |
educational | grants) | (7,958) | (3,599) | |
| (7,958) | (3,599) | ||||
| Total resources expended | (35,388) | (35,059) | |||
| NET INCOME BEFORE GAINS | AND LOSSES | ||||
| Other recognised gains and | losses | ||||
| Gains/(loss) on revaluation |
of | investments | 45,740 | 60,105 | |
| 45,740 | 60,105 | ||||
| Net income before gains and | losses | 45,740 | 60,105 | ||
| Net Income | 45,526 | 59,630 |