Ir Parkes & Co 5 cro1* Pk Bimiireharn West Mldlar B15 2LB
5QIOOL coMtENTSOFTHEFIP4ANCIALSTATEMEK15 FOR THE YEAR EKD31 MARCH 2023 I to 3 fiaknc• Sho 7 to 13
REPORTOFIHETRiJsfEES FQR THEYEAR E14DED 31 PA4ROI 2021 The trustees pret thelr report woth th8 financlal sterwts of the tharfty for the par ded 31 Marth 2023. The trustees have adopted the prom510 of knundr< aThJ Reporting by Charities: Ststement of Recommended Prackncz appJit3ble to dbarths preparin8 thek accourt5 In aCcordar wlth the Fknanrièl Repwrn8 St4ndard ¥plbI In the IJX and Repubjlcof Ireland IFILS 1021 leffethde ijonuary 20191. QBJEufvES ANDACTivmES 06]e¢d5 and alms The tharltable objecU¥e of Charlty L% to Thldè tn or bwr the are¥ of thè a•t ot H•nd5W0rt • day schod for boys end puSe5 andlarythereto. SnlH(¥ntacU¥ltlo¥ Th Charlty owns and help5 to maintsln arKI SUPPX the woperty of HaThrfswth Granmar Sd. The crfty ol prrfylde5 sChO51p$ arKI w12es lor student& PubNc hnvfit The Trustees cmstdw th Ilw hm comp4ed wjth the thrty In se¢tlon 4 of the Charlths Art 2011 tts hm due rqjrd to publkb¢nofft ld¢t wt4tshed bythe Charltybfe •ctE¥ltl the ye8r. the filfld[mbuU0ThSvtt m. . ContrtbuYon$ to H•ndwrth Gr•mFTr•r Sthod of £U.thJ12022: £4Q9601 w•rg rn¥d• In conn¢thon wlth bulldings rnattws and underthe IO% cffitrl&Jkns nde. Total costs of •dmlnlrt•rl th• In the p•r Te £IL969 12022: £1481k In¢knltr¥ clerk's ex8•$ and professlonal I IrtMent rfOrmIn¢• The rnarket value of Inwstmw)ts d th• tharlty In •# aththth•d decrased by £54,106 120Z2: Imase ol £89,2071 durin¥the ypar. Thè trustees havè re¥lew•d the kxxlkn ¢f tIKI tharlty •rvJ that 4dequ•t• resourtes conynue to be avaljab to fvnd the4¢U¥EWesforthe for•se••blefubwe. The trustees xeofthe ¥lew thtrthfty Is aWnlla>nceTTr. Go¥wnk¥ docum•rt The charlty ts controlled by Its81¥ do0jml a deed of trust8ndcon#ltutes an unkn(orptyated th?rlty. The Ch•rity ts rewAated by • Stheme datsd 21st 1980, TrIed by an 0112th Juty IY54, modlfied by an Ordervnderthèsex DSs¢rtmknalk+n 1975 013rd Feknj 1998and by an c1 of IBthAprll 2COI. Scheme was ordered by the Charity comm1$ lor En8lJnd arwj wal and 0&fied by the SeLYetary of Stat4 for EdatIOnd EmF4oymenL Th¢ body of Governors consist when complet4 of flfteen cortNxMnt px5 bvtn8 se¥en NOTMIe GovwThx5 d eight CNptatfveGOnQr
5CMOOL REPORTOFniÉTRUSTEES FOR THEYEAR ENDED31 MARai 2ff23 TheS¢hod L% a wluntaptalded s¢hc<4 Ttythe E417As IY4 to 1976. Theschool achle¥edAca(kn¥st•tus on I Sb2017. The G¢)vemors must ffit app the Chart$ Incm an4 Ifthe G0veNTS thlnk fiL eynrtable endowment and, when the expendltwe C property be to rthr•nent en(kn¥menL kn meetlng tht prcyer c05ts of admlntsterfn8 the Charlty and of Its property and mlrrf payrnents to the Gtrmnots of the sd to b8 used bythem In dlsth•rykni thelrstatutoryoWjth re5Perttothe maintenawofthg Sjbjol. Ahr paymert of the eosts, the GthMrTh)rs mwt apply Irome In fiJrtherln8 th• object of the Charlty. The Gtsvemors 0 appty. for object ofthe Charlty. expendIte eTrdonent and nartent endowmenL but oV on such tern for the repl4ment thè aftknint spthrt as the thafity Comm1551on may approv by order In advanc REFERENCE ANDAI)MINISTRATlVEAlls Re4lstered Charlty Nmb•r 5289S2 Iirtn¢l •ddrw• Kh)g Edward Vl Har#JswDrth Grammarsd Grov• Lane Blrrnln6ham West Mldknds 6219ET D Ashford P Gardner H Idjer 8 Smolden J S Taunoue MBE Pjones J MG4¥an Syacoob T Harr S Farrell K trNélll J Berry Shahabuldln 8 Munlr .rt$led 60Ltobef 2022 - appointed6 October 2022 - appnted 10 Marth 2022
REPORTOFTHETRusfEES dependent Emrnlner L E Pèrke5 FCA Parkes & Co Chartered Accourrt•iit5 5 Crondal Plece Edgb85ton Blrmlngharn West Mldlaftds 815 2LB Uoyds Bank Pl 114-116 CoJmor• Row Birniintham B3 38D Sofkltor5 Stone Kln8 LLP Colmore Gate 2-6 Colmore Row Blmi1h4M B3 2QD EFG Harrts Njldav 33 Gweat Chartes5tr••t Blftnlnzham B3 3JN Clerk Mfs H Qwen 2023 Approwd by orderoftr* &)¥ddtrwtee50o..-..-.............-...............-.... •nd SW on Its behafby. Mr H kIr. Twstee
I report to the tharfty trustee5 on my exam)ath)n ofthe accoutts ofThe Charity Cakd Handsworth Grnmmar Sch1 theTrusiltsthe yearend¢d 31 lthrth 2023. RuponbIlItIÉ$3d ha01 r8prt As the charlty trustee5 of the Trust ¥e resp for the of the aC)rdan wlth the rewirementsofthe Charftles Act 2011 lheAci'l. I report In respect ol my •xamSnthn of thè TrW3 canled Secdon N5 of the Acl and kn Carrn8 out my exarnlnatjon I ha¥• hmowed •H appllcable ClrKtkms 8hen ty the Othrfty CL51 uTrJer Section 14515llbl ofthe Act. I have completed my examlnatlon. l (nfrfm that no rnatert matttr5 have come to my attenkn kn connettion wlth the enmlnJlbon me ¢•J5etobel ary maivial reskct countln8 recwth re tt kept kn r¢spe¢toltheTrpAtas requlred tySe¢liC l)of th•A¢t' or tr aCcots do notxojrd tse retdS,. Gf the accounts do not comth the apable rnqulr•ments coeM thè and content otaccounts s•t out In the Charmes IAccounts and RepLYtsl Re8ukOoM 20LW other th•n any rewlrement that the accounts Ove 4 tru• and fJirvlNtwhlth Is It • m#teTrnkkr•d •spartdan tthuthte¥amlnaJon, I hav• no corryAs and have across no othBr m•tters th connoLth with tl ¢xwnln•tion to f*hlch ltterrtlon shtyjld be drawn In reportln ordwto en•bleJ 9ropertthdw50fthe4¢¢QUntsto be reathed zf LE P•rk•s FCA &Co 5 Cronéol Pbce Ed8baston Blrmlwam West Mldand5 815 2LB 2G13
FOR THEYEAR ENDED31 WJICH 20ZY 2022 Total fund5 Totsl nts In5nentIn¢Qrne a43 34,901 3&521 Tot41 3&521 EXPENDITIME ON CharftsbleathAU8S Q>nts1butlonstoSdI br mknar prolects Contrjbuttons to Sdk)ol fte4pttal projects ContrIbuon$t0 5chcd fc prlze81th8l prl Gryernance cos 9MO io,co) 1.960 2,481 14969 Totsl 33fi 49,441 N•t pIn(lO$s6$} on IrNesth li073} 89.207 NEf INCOMEIIEXPENtXTUREI I7,179) 19491 1¢624) 114ll8} 78,287 78.287 RECONCILIATION OF FUPIOS Total fvnd5 broughtforw&d 148&013 2,407,726 TOTALFuNDScRl> FORWARD 2A44T18 34107 1377M5 2A86,013 The K¢esbnTh partofthe$efinanC Smemerts Page S
SCHOOL BALANCESHE 2022 To JThJ5 fd5 fvnd5 Tanble assets L23(1.366 1,230,366 2955 ¥la L186,699 LIIK738 2,417,1 CURRENT ASSETS Cash at bank L252 1¢786 70,784 Amounts wtthEnctt (&8601 11.8361 1374 252 14.926 46,m 3u07 1377m 1486,0 1346.778 33J07 2.377 1486,013 FUNDS Vnrestrfcted funds 1346.778 317 1445,333 TOTALFUMDS 1377,885 1486,013 nandal statsments we Appr by th Bo¥rd rf Tr and auth1xk for oft Q.LTOI.Ae.-4o2hnd were *ed on Its behalfty. Mr
NOIESTO THE FIIIANaALSTATEMEPll5 FOR THEYEAR EIIDED 31 MAR012Q3 The finandal ststements of the tharity, whlch is a Fwblk ber¢fft •thy under FRS 101 have txen prepared In arts)rdce wlth the Charfties sc IFRS 1021 'kcounting and Rer¥xtsn8 ty charfes.' Ststement of Recommended Prattke opplKth ts charfYe5 preparin8 thwr accounts h) accordance with the FINThclal AeportlnR Standard appllcable Hl the UK Repvbk of kelaTrY IFPS 102} leffectNE i January 20191.. Flnanclal Reportln8 Standard 102 The FUnCIal Repn0 Standard appficabje In ts UK and Republk of Ireland and the Chorilies 2011. Th financoal ststement5 have been pryed under the hlsttsrfal cost ¢onvénborn vAth the exceptlonof knbwtrn•nts whkhareI1 at Matt¥ll. •SndIned bythe rev8lu•thmof certain &%set& INCOME AJI Income Is recognised in the StsteTrnt of FlnarKial IKti¥ities On the thaTIty has enthlemnt to the fuhd$, Is probaNe that the Inccme wjl bt althe amourt can be mtasur8d rÈlOably. EXPENDITURE Uabllftle5 are reco8nlsed is expendfture J5 9)on there b a lepl ry <onsthictfv•• Ot4t84tkn commItU the chartty to that ewerKltture, tt k wobabie that 8 transfer of economic benrflts wlll be requtred ITr Settlement •nd the amount ofthe obl8•tlon can bE m•asured rellaNy. ExFendture ts attwnted fty on an accruals bo$i5 •nd has been d45sthed er h11 that aggregats all cost rthtéd to the t¥teMI. Where costs canhtst be d[recl attrlbuted to pC•r head1$ ltrw ht1• b•eTh al(trd to •cthAYes on • buls conslstent wtth the use of re50urcs. TANGIBLE FIXED ASSErs Depredatlori ts pred at the TrU41 rates In order to wffte off eath wet ovar fts 5tlmated uwfibl FrÈehold prop•rty . nrtprTr The¢h8rEty Isexemptfrcffi tsxtyi Ifs tharit¥ble FUND AccoupmN6 Unrestrtcted funds be used Inx¢ordant• fth thethafltsble cthe trustees. Resthcted funds can onty be used fw r•thJtsr re5tskted wrF¢JSes wlthkn thg 014ects ot the ch8rfty. Restrfctlons arise when 5pecWd the dtyQrWhen hJndsarernLwl fOrptlartsth purw)ses. further expknftatlty) of the Wre d ppOse of tath fund i% Induded kn notes to thè finandal statements. Oldend Interest IrKfjmÈ L%¥nrrted forthen e[vIble. contlnued...
SCHOOL NOTESTO THEHNANCIALsfATEMEIITS. FOR THEVEAR ENDED31 MAROI 2023 dends and Interestrecehd ¥901 38521 There wer no truste5' rewn¢tkIn or otlr bts$ the year 31 fvknrth 2023 rKf for the ytsy ended 31 March 2022. There were no trIL#eeg pakl fty the ye4r erojed 31 Muth 3)23 loi the y•ar •nd8d 31 March 2012. FreeWd At l Aw512022 w)d 31 Marth 2023 1230a66 NEf8(X)K VAWE At 31 Marth 2023 1330366 At 31 Marth 2022 1230,366 The proffts tr1¥r by the (Jwltyare: 11 Land L. Hardworth wfth tl buldhy thereon as 'H¥TrJvorth Grnmmar 2}1• Ituated rir Romty Anu•. Handstrth Wty)d ak 'Han&wcth GramThr Sdk)oE PW Flelds,. The ry18knal cosiofthe property ts not nova1} has beeth madè. conynued...
FOR THE YWI EIIDED31 MARCH 2021 hNestsnonts At l Aprf 2022 Addlttons DlsposaLs Revaluatkn Ll86.69J 36fi735 {31L6611 1109.UOI At 31 March 2023 L132,593 At 31 Marth 2023 la5293 At 31 Marth 2022 1,186.699 Anatyd w: V•lue UK Inves)nentA$5ets 8047fa 798A78 1 388,221 n6J70 587,683 296261 313,515 Totsl 90L208 ln$trnentt kn iThjI1I Mytles W •t31 MaY¢h 2Q3vAhWt0rS%0fptrolko by valL* ar•.. ILC Fkthy Parkknerkn Fund BMQ Responslbje 56A96 69.245 &1 P409 Lvntlnue(L.,
FOR THEYEAR ENDED 31 MARCII J325 Otheruedltor5 1*36 MOVEMENTIN FUNDS Transfer5 btheen funts At 3L3.23 At L422 In fvnds Revenue reseNe Capttal 537M6 &,64? 1526.683} IV17 535J07 1335J61 07A931 1th7.1791 Prlze ¢apltal irt¢ome rty Cox capmal 15811 227 11376 14479 3L107 TOTAL FUNDS S77,88S N•t mty4Mmert In 5ndudul In th•abM we a5 f0kn. Incomk h)sand M9MeTht Its$ fund5 expended 134619) C¥itsl I79) 1Th7,1791 Prize ca1 Pth income P•rcyCox(apSt¥l Pwcy Coxlrtcffie 15n) IW6) Iw) {9491 34J71 133A491 PaBe io contlnued...
FOR THE YEAR END31ARQ1 2023 Net At 31.3.22 At L421 In fvn(ts Revenue reseNe Capitsl 549,458 L821,339 IIL7ni 843C 537.686 1,907,647 70.797 7436 1445,333 capital Prthe Income Pertycox apitsl Percy Cox Irxom• ioj 2381 17,640 5395 IL957 2,826 19,495 6.402 407 36A29 3.751 40,680 407.726 1486.013 compar•t Mt Mont Inlund IncW•d th th4bmare 05 fDIkns' IKomlry R¢Jourcts G•lr6•nd MrneAt In funth Unrtstrkted fvrrds R$venue reseFv• Capttal 37,669 {49,4411 IIL7721 86a08 37,669 149A411 86308 74,536 Pdze eaptt•l Prtze Snco Perry Cox Cawtsi Ptrcycox IrKon 445 3.751 TOTU FUNDS 149.441) 89.2 7&2 PaBe 11 continued...
SCHOOL fOR THEYEAR ETr¥JEO 31 MARC+1 2023 Net movement infvnds btheen funds At 31.3.23 At 1.421 Revenut res 549,458 L821.339 IIU581 121,2851 1526.683) 535307 IIN17 2335,361 2370,797 1316431 8B4 2346,778 Prize capsral Priie rme Percy Cox£a¥Htal PercyCoxift£ome 10.913 463 6n 839 828 IL376 17.640 18,479 16A1161 3&929 18.6241 31.107 TOTALFuf4DS 4107.726 (29.8411 2J77,885 A current year 12 months year 12 rTh)nth5 LThtbkHI mo¥pment in included In the above arèas foliwts: in fvnds Revenue eNe CapFtsI 71702 I83.Cl (11,3581 12L2851 12L2851 71,102 183ml R5tricted fund5 Prlze capstal 1212851 1316431 lio} (851 473 463 757 Percycox captsl Percy Cox inccfne 839 (5) 1230) L312 YOTALFUNDS 73,422 {83.) 119,9731 129,8411 11 capTl representsthe Ori0?1 endvrnt wjjuthl fadlI(lS arKI dlsp)salsexhsE3r. 21 Revenue resm represents the accwnulated in¢on re4nbEstsnents avai1airfe for 8enwal purpose5 ofthe Charity. Pa8e 12 continued...