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||||Page|
|---|---|---|---|
|Trustees and|Professional<br>Advisors|||
|Report ofthe|Trustees||3-5|
|Statement of|Trustees'|Responsibilities||
|Independent|Auditor's|Report|6-7|
|Statement of|Financial|Activities||
|Balance Sheet||||
|Notes to the Financial||Statements|10-14|





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|Trustees|||BJ O' Brien (Chairman)|BJ O' Brien (Chairman)||
|---|---|---|---|---|---|
||||R C Fletcher (up|to 23|May 2022)|
||||P RA Green|||
||||P A Nicholls|||
|Bankers|||National<br>Westminster||Bank pic|
||||9 North Street|||
||||Rugby|||
||||Warwickshire|||
||||CV21 2FB|||
|Investment||Managers|Quilter Cheviot|Ltd||
||||Senator House|||
||||85 Queen Victoria Street|||
||||London|||
||||EC4V 4AB|||
|Independent||Auditor|Crowe U.K. LLP|||
||||4'" Floor, StJames House|||
||||StJames Square|||
||||Cheltenham|||
||||GL50 3PR|||
|Principal|Office||The Bursary,<br>Rugby School|||
||||10, Little Church|Street, Rugby, CV21 3AW||





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||||||Restricted|Funds||
|---|---|---|---|---|---|---|---|
|||||Note|Year||Year|
||||||2022||2021|
||||||f||f|
|INCOME FROM:||||||||
|Investment<br>income|||||26,322||22,545|
|EXPENDITURE ON:||||||||
|Raising Funds||||||||
|Investment<br>management||charges|||7,819||5,290|
|Charitable<br>activities||||||||
|Bursaries to students|at Rugby School||||44,925||53,093|
|Total Expenditure|||||52,744||58,383|
|Net Expenditure|||||(26,422)||(35,838)|
|Net gains/(losses)<br>on investments|||||(234,171)||406,913|
|NET INCOME AND MOVEMENT|||IN FUNDS||(260,593)||371,075|
|Reconciliation<br>ofFunds:||||||||
|Balance brought<br>forward|at 1July||||2,139,166|1,768,091||
|Balance carried forward|at 30June||||1,878,573|2,139,166||





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|NVESTMENTS||
|---|---|
||2022|
||f|
|Balance at 1July<br>Additions|2,093,198<br>316,416|
|Disposals at net proceeds<br>Revaluation<br>gains<br>Balance at 30June|(323,414)<br>(234,171)<br>1,852,029|
|Listed on the UK Stock Exchange|1,827,764|
|Cash deposits|24,265<br>1,852,029|
|All investments<br>relate to the restricted fund.||







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