## ## ||||Page| |---|---|---|---| |Legal and|adm
istrative
information||| |Trustees'|reporl||2-3| |Statement|oftrustees'|responslbfiitles|| |Independent
examined s report|||| |Statement|offinancial|activities|| |Statement|offinancial|position|| |Notes to file finanQal||statelrleflts|8-13| ## ## |Trustees||Mrs LSavage|- Administrator|- Administrator|- Administrator|- Administrator| |---|---|---|---|---|---|---| |||MrSBradford|—Treasurer|||| |||Mr7Johnson||||| |||MrAPennington||||| |||Mr D Bodey||||| |Charity number||702715||||| |Principal address||Fulfordgate||||| |||Hesllngton
Lane||||| |||Fteford||||| |||York||||| |||YO104FY||||| |independent|examiner|N ClemitACA,||FCCA||| |||JWPCreers
LLP||||| |||Chartered Accountants||||| |||Genesis 5||||| |||Church Lane||||| |||York||||| |||YO105DQ||||| |Bankem||Nabonal Westminster|||Bank Pic|| |||Main Street||||| |||Heslington||||| |||York||||| |||YO105ZB||||| |||Yorkshire
Bank,||York||| |||North Yorkshire||Business||&Private Banking Centre| |||46 Coney Sheet||||| |||York||||| |||YO1 9NQ||||| ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Un resbicted|Restrlc'ted|Total|Unrestricted|Restn'cted|| |---|---|---|---|---|---|---|---|---|---| |||||funds|funds||funds|funds|| |||||2020|2020||2019|2019|2019| ||||Notes|f|6||6|f|f| |Income|||||||||| |Donations
and legades||||4,876||4,876|5227||5227| |Charitable
activiTies||||3,137|401,215|404,352|4,669|327,096|331,765| |||||431||431|328||328| |Total income||||8,444|401,215|409,659|10,224|327,096|337,320| |Expenditure|||||||||| |Charitable
activities||||3,057|426,486|429,543|2,295|366,180|368,475| |Net income/(expenditure)|||||||||| |bef8m transf8/8||||5,387|(25,271)|(19,884)|7,929|(39,084)|(31,155)| |Gross transfers|between||||||||| |funds|||||||(5,111)|5,111|| |Net incoms/(expenditure|||for the||||||| |period/Net
movement||In|funds|5,387|(25,271)|(19,884)|2,818|(33,973)|(31,155)| |Fund balances at 1 Aprfi|||||||||| |2019||||168,114|87,446|255,560|165,296|121,419|286,715| |Fund balances|at 31||||||||| |August 2020||||173,501|62,175|235,676|168,114|87,446|255,560| ## ## ## |||||2020||2019|| |---|---|---|---|---|---|---|---| |||||6||f|| |Current assets|||||||| |Debtors||||21,646||36,658|| |Cash at bank and in||hand||438,317||320,004|| |||||460,163||356,662|| |Creditors:|amounts|falfing due within one year|10|(196,615)||(97,661)|| |Net currerTt|assets||||||259,001| |Creditors:|amounts|falling due after more than|||||| |one year|||11||(27,872)||(3,441)| ||||||235,676||255,560| |income funds|||||||| |Restricted|funds||13||62,175||87,446| |Unrestricted|funds||||173,501||168,114| ||||||235,676||| ## ## |FO|R THE PERIOD ENDED 31AUGUST 2020|||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||Accounting
pogcles|||||||||||| ||Charity information|||||||||||| ||Fulford School Fund is an unincorporated
charity registered
in England
and Wakrs.|||||||||||| ||Accounting
convention|||||||||||| ||The financial
statements
have
been
prepared
in accordance
with the charity's
governing
document,
the CharNes
Act 2011,
Accounting
and Reporting
by Charities: Statement
of Recommended
Practice applicable
to charities
preparing
their accounts
in
accordance
with the Financial
Reporting
Standard
applicable
in the UK and
Republic of Ireland
(FRS 102) (issued
in October
2019) and the Financial
Reporting
Standard
applicable
in the United
kingdom
and Repulic of Ireland (FRS102).|||||||||||| ||The charity is a Public Benefit Errlity as defined
by FRS102.|||||||||||| ||The charily has taken advantage
ofthe provisions
in the SORP for charifies
applying
FRS 102 Update
Statement ofCash Flows.|||||||Bulletin
1 not to|||prepare|a| ||The financial statements
have departed
from the CharNes
(Accounts and Reports)||Regulations|2008|||only to||the extent required|||to| ||provide a true and fair view. This departure
has involved
fofiowing
the Statement
of Recommended
FRS 102rather than the version ofthe Statement ofRecommended
Practice which is referred to in
since been~|||||Pracbce for charmes
applying
the Regulations
but which has||||||| ||The finandal
statements
are prepared
in sterfing, which is the functional
currency ofthe charity.|||||||||||| ||The flnandal
statements
have been prepared
under the historical|cost convention.|The principal||accounting||||polides adopted
are|||| ||se'I out below.|||||||||||| |1.2|Going concern|||||||||||| ||At the time of approving
the financial
statements,
the trustees|have a reasonable
expectation|||that|||the|charity|has|adequate|| ||resources to continue
in operational
existence for the foreseeable|future. Thus the trustees
continue|||||to adopt the|||going concern||| ||basis ofaccounting
in preparing
the financial statements.|||||||||||| |1.3|Charitable
funds|||||||||||| ||Unrestricted
funds are funds which are available
for use at the discretion
ofthe trustees
in furtherance||||||ofthe||general|objecfives||of| ||the charity|||||||||||| ||Restricted
funds are funds which can only be used for particular|restricted
purposes
within the objects||||||ofthe charity. Restrictions||||| ||arise when specified
by the donor.|||||||||||| ||Incorrie|||||||||||| ||Afi income is induded
in the statement
offinancial
acivities when|the charity is legafiy entitled||to the|||income||and the amount can|||| ||be quantNed
with reasonable
accuracy.|||||||||||| |1.5|Expenditure|||||||||||| ||Afi expenditure
is accounted
for on an accruals basis and has been dassified
under||headings|that|aggregate||||afi costs related|||| ||to the category.|||||||||||| ||Charitable
expenditure
comprises those costs incurred
by the charity
in pursuit ofits||charttabe|objecb||||||||| |1.6|Cash and cash equivalents|||||||||||| ||Cash and cash equivalents
indude cash in hand and deposits held|at call with banks.||||||||||| |1.7|Financial instruments|||||||||||| ||The charity
has elected
to apply
the provisions
of Secfion
11|'Basic Financial|Insbuments'|and|||Section||12 X)ther||Financial|| ||Instruments
Issues' ofFRS102to afi ofits flnandal
instruments.|||||||||||| ||Financial instruments
are recognised
in the charity's
balance sheet when the charity||becomes party||to||the contractual|||prorrisions||of| ||the instrumenb|||||||||||| ||Basicffnandal assets|||||||||||| ||Basicfinancial assets are measured
at transaction
price induding
transacbon
costs.||Financial assets|||dassNed|||as receivatfie
within|||| ||one year are not amortised.|||||||||||| ## ## ## ## |||||||Unrestflcted|Unrestricted| |---|---|---|---|---|---|---|---| |||||||funds|| |||||||2020|2019| ||||||||f| ||Dona0ons||and gifts|||4,876|5227| |3|Charitable|||activities|||| |||||||Charitable|Charitable| |||||||acthddes|activities| |||||||2020|2019| |||||||6|6| ||School generated||||income|3,137|4,669| ||Trips and|other activities||||401,215|327,096| ||||||||331,765| ||Analysis|blf||fund|||| ||Unrestricted|||funds||3,137|4,669| ||Restncted||funds|||401,215|327,096| ||||||||331,765| |4|Investments||| |---|---|---|---| |||Unrestricted|Unrestricted| |||funds|funds| |||2020|2019| |||6|6| ||Interest receivable|431|328| ## ## ## ||||||||||Charitable|Charitable| |---|---|---|---|---|---|---|---|---|---|---| ||||||||||activities|activities| ||||||||||2020|2019| ||||||||||f|f| |Trips and|other activities||||||||426,485|366,180| |Share of|support costs (see note 6)||||||||1,378|675| |Share of|governance||costs (see note 6)||||||1,680|1,620| ||||||||||429,543|368,475| |Analysis|by|fund||||||||| |Unrestricted||funds|||||||3,057|2,295| |Restricted funds|||||||||426,486|366,180| ||||||||||429,543|368,475| |SUppOrt|COStS|||||||||| ||||||2020|||2019||| |||||Support|costs|Governance|2020|Support costs||2019| |||||||COStS||||| |Services|to pupils||||130||130|466||466| |Bank charges|||||41||41|72||72| |Mlscesarleous|||||||407|137||137| |Long service||awards|||||800|||| |hldepellden't||exarntners||fee||1,680|1,680||1,620|1,620| ||||||1,378|1,680||675|1,620|2,295| |Analy sad|between|||||||||| |Chadtsbm|acdwfies||||1,378|1,680|3,058|675|1,620|2,295| ## ## ## ## ## |9|Debtors||||||| |---|---|---|---|---|---|---|---| |||||||2020|2019| ||Amounts
falling due within||one year:|||5|| ||Other debtors|||||21,843|| ||Prepayments
and accrued income|||||3|| |||||||21,846|| |10|Credltom: amounts|falling|due within one year||||| |||||||2020|2019| ||||||||9| ||Deferred income||||12|1,312|81,510| ||Other creditors|||||195,303|16,151| |||||||196,615|97,661| |11|Creditors: amounts|faglng|due ager mors than one|year|||| |||||||2020|2019| |||||||6|| ||Deferred income||||12|1,387|3,441| ||Trade creditors|||||26,485|| |||||||27,872|3,441| |12|Deferred income||||||| |||||||2020|2019| |||||||5|| ||Arising from Deferred|income||||2,699|| ||Deferred income is induded||in the 6nancial statements|as folows:|||| ||||||||2019| ||||||||f| ||Current
liabilities|||||1,312|81,510| ||Non-current
liabilities|||||1,387|3,441| |||||||2,699|| ## ## ## |||Movement|Movement|in funds||| |---|---|---|---|---|---|---| ||Balance at|Income|Expenditure|||Balance at| ||1APril 2019|||||31August| |||||||2020| |||||||6| |Lift olffund|5,640||||396|6,036| |School trips and other activities fund|80,230|401,215|(426,486)||(396)|54,563| |Minibus fund|1,576|||||1,576| ||87,446|401,215|(426,486)|||62,175| |||Movement||in funds||| ||Balance at|Income|Expenditure||Tra/lsfers|Balallce at| ||1April 2018||||31|March 2019| ||||||6|f| |Lilt offfund|5,640|||||5,640| |School trips and other acfivlfies fund|114,264|327,035|(366,180)||5,111|80,230| |Minibus fund|1,515|61||||1,576| ||121,419|327,096|(366,180)||5,111|87,446| ## ## |Analysis ofnet assets between funds||||| |---|---|---|---|---| |||Unrestricted|Restricted|Total| |||funds|funds|| |||2020|2020|2020| ||||6|| |Fund balances at 31August 2020are represented|by:|||| |Current assets/giabilities)||174,888||263,548| |Long term liabilities||(1,387)||(27,872)| |||173,501|62,175|235,676| |||Unrestricted|Restricted|Total| |||funds|funds|| |||2019|2019|2019| |||5||6| |Fund balances at 31 March 2019are represented|by.|||| |Current assets/giabilities)||171,555|87,446|259,001| |Long term liabTirdes||(3,441)||(3,441)| |||168,114|87,446|255,560|