CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From l•t Do¢•mber 2022 To 31Jt Decemb•r 2022 Charlty name: South Farnham School Trust Charlty roglstratlon numbor: 802541 Objectives and Activities SORP refertrne• Par& 1.17 Summary ofth8 purposes of the charrty as set out in its overnin document Summary of the main activities in relation to those purposes for th8 public benefit, in particular, the activities, projects or services identified in the accounts. Statement confimiing whether the trustees hav8 had regard to the guidance issued by the Charity Commission on public benefit To provide or assist in the provision of equlpment and facllltles for South Farnham School In accordance wlth the ¢harlty'S objoctives tho actlvltles of the trust have been fundraising and inviting contrlbutions to enable the trust to provlde tho school with adequate grants to achleve the assurance detalled In the trust deed. The Tru8tee8 have had due regard to the guidance ig•ued by the Charlty Comml*8lon on publlc bonefft Por•1,17•nd 1.19 P•r• 1.16 Addltlonal Infomiatlon loptlonall You ma choose to include further statements where relevant about: SORP wferenc¢ Porn 1.38 Policy on grant making Pari 1.38 Policy on social investment including program related investment P8rg 1.38 Contribution made by volunteers Other Achievements and Performance SORP rofefen¢¢ Following Covid there has beon a contlnuing impact on the ability of the school to offer the full range of educational activities that it has provided for many years. This situatlon has improved gignificantly over the last year. Thls year the trust has supported ovor 800 chlldren in a Ilmlted range of educational activities including edueatlonal day vlsits and workshopg. Summary of the main achievements of the charity, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as whole. Para 1.20 The trust is Ilkely to be askod to Support the employment of addltlonal staff at the school depending on the funding allocatlon In future years. Funding beyond 202312418 not yet dètamilned and impact of Covid at the school Is ongolng reduclng certaln InGome 8tream8 and resultlng In Increased ¢08t8 for cleanlngi sanltlsorn and other Itoms. Addltlonal Informatlon (optlonal You ma choose to include further statements where relevant about.. Achievements against objectives sel Par• 1.41 Perfomian¢e of fundraising activities against objectives set Par4 1.41 Investment performance against objectives P810 1.41 Other Financial Review Review of the charity's financial position at Ihe end of th8 P8riod Para 1.21 During the year the trust had £409.638 incoming resources and £231,126 resources expended. Of tho total income £390,269 was from donatlons Includlng gift aid. Grants of £220,866 warn paid to South Farnham Educational Tru8L Thls 18 more than lasi y8ar due to coming out of Covld and tho ablllty to run morn activities. The trustees have detemlined the most appropriate current need is to hold reserves at a significant loval to 'underwrlte tho employment of addltlonal staff and romaln In a posltlon lo support the School's request for funds, £475,3301s currently investod In low rlsk8 Stocks and share8 using an Independent Ilnanclal advlsor through A J Bell Investcontre. The ramalnlng ro8erve8 arn held In cash In a number of dlfferent accounts. £1962 713 NIA Statement explaining the policy for holding reserves slating why they are held Parg 1.22 Amount of reserves held Reasons for holding zero reserves Details of fund matenally in deficit Explanation of any uncertainties about the charity continuing as a going concern Para 1.22 Piia 1.22 P4rn 1.24 NIA P8r• 1.23 NIA Addltlonal Informatlon Ioptlonall You ma choose to include further statements where relevant about.. The Trust's main source of fund818 Irom donatlons Includlng Glft Ald. The charity's principal sources of funds {includlng any fundraising) Par• 1.47 The Trust have engaged an Inde￿ndent flnanclal advlser to provlde advl¢e on the Investments being held by the Trust. Investment policy and objectives including any social investment policy adopted Para 1.46 The Trustees meet once a temi. At least once a year the trustees consider the rlsks assoclated wlth the trust. Durlng Covid meetlngs have boon hold remotely. A description of the princip81 risks facing the charity Parn 1.46 As we come out of a period of Covld the income of the Trust increased due to an increase In voluntary Income. There has also been an Increa80 In rants made to Other South Farnham Educational Trust as more planned aGtivities were able to go ahead. This will ¢ontlnue to be closely monitored b the Trustees. Structure. Governance and Management Description of charty's Irusts., Type of governing document Para 1.2S Trust deed dated 28th November 1989 and deed of variation dated 10th May 2002. How is the Charity constituted? Pafa 1.25 Trust Trustee selection methods including details of any Constitutional provisions 8.g. election to Post or name of any person or body entitled to appoint one or more trustees P•r4 1.25 Re8olutlon of the other trustsos Addltlonal Infom)atlon loptlonal) You ma choose to include further statements where relevant about: Policies and procedures adopted for the induction and training of trustees P•rg 1.51 The charity's organisational structure and any wider network with which the hanty works Para 1.51 South Farnham School Trust has a wholly owned subsidiary called South Farnham School Services Ltd. Any profits rnade by this company are paid to the Trust through Deed of Covenant. Relationship with any related parties PA T• 1.61 Three of the Trustees (Sir Andrew Carter, Linda Ross and Tony Lennard are also Trustee$lDirectors of South Famham Educational Trust. Other Reference and Administrative details Charit name Other name the Ghari uses Re istered chari number Charity's principal address South Farnham School Trust 802541 South Famham School Menin Way Farnham Surrey GU9 8DY Nam￿ of the charfty trustaos who manago tho charlty Dats• act•d11 not lor who ear Tru•ts• name 0ffi¢o Ilf •ryi Name of p&rBon lor body) •ntitl•d oint trustee if an Sir Andrew Carter Charfes Lennard Chair Mrs Linda Ross Mrs Claire Donnachie Resigned 251h June 2021 Mrs Ros8mary Jones Mrs Trudy Gladding Mrs Joan Davi88 Miss Esther Whrtbourn Appointed 28th June 2021 10 12 13 14 15 18 17 18 19 20 Cor orate trustees- names of the directors at the date the re Dlrgctor nam• ortwasa roved Name of trustees holding title to property belonging to the charity Dates actsd If not for whol Trustee namo ear Funds held as custodian trustees on behalf of others Description of the assets None held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's objed8 Details of arrangements for safe custody and segregation of such assets from lh8 charity's own assets Addltlonal Informatlon (optlonal) Name8 and addresses of advls•r8 (Optlonal Informatlon) Type of Name Addres• advlser Independent Flnanclal Advlser David Hewitt The David Hewitt Partnership Name of chlef executlve or names of $8nlor staff members {Optlonal Infomiatlon) Exemptions from disclosure rsonnel details Reason for non-disclosure of ke Other o tional information Declaration8 The trustee8 declare that they have approved the tru8ts05' roport above. Slgned on behalf of the charity'g trustsos Slgnature(s) Full namèls) Posltlon (eg Secretaryi Chair, etcl Sir Andrew Carter Linda Ros8 Tru8tee Trustee Date 11.io.ZoZS CHARITY COMMISSION FOR ENGLAND AND WALES SCIU'IH FARNHAM SLHOfjL TRUST .haiily No 802541 Annual accounts for the 01.01.2022 To Pertod en date Pertcxl 8t8rtdAte 31.12.2022 Section A Statement of financial activities Ro3trlcted incorne funds R•comm•ndod ¢at•gorfM by aetlvity Unre8tr5ct•d fund8 endowment lund¥ Pflor y••r funds Totsl fund• In¢omlng resourcos (Nots 31 Incom• and 9ndowm•nts from.. 00r￿￿onI and lewJe8 @cliwlios F01 F02 F03 F04 F05 S01 390.269 390.269 214 537 S02 Olhw11gding acbthB Invo•lrngnts S03 S04 19,369 19,369 17.258 Sa￿T￿te m•t•il•l It￿ gfirK4me S05 Total RMourca• oxpended (Note 61 Exp?ndttur• on: Raiaino lunds S07 409.638 409,638 231795 S08 10 260 220,866 10,260 220,868 15 085 124 502 S09 Separate material ltsm of8x￿ S10 S11 rotal S12 231,126 231 126 139 $87 Net Incom•lloxpondltur&l boforn Inve8tm•nt galn611108808) S13 178.512 178,512 48 394 130,118 92,208 Nei oalnglllossesl cfi inv•itm8nli S14 Not In¢omo11oxpendlture) Extraordlnary Item8 Transfor8 betwoon fund• Other rncognlaed galn81110•80•1: 515 130,118 143,514 S18 S17 loJ8w on offfixed 8a8et8 for the charfty's uae S18 Other p81nw(I￿5¢aI S19 Net movwnont In funds 820 130118 130,118 143,514 Reconclllatlon of lunds.. TotBI broughlf(xword S21 1832,594 1962.712 1,832,594 1,962,712 1.689.080 1.832.594 Total funds carried forward S22 Section B Balance sheet RMtricted income fund• Unr••trlct•d tund• Endowm•nt nd• Totsl th18 year Totsl I￿tY￿r F5xed assets Intangible a88018 Tanglble a88et8 Hgrltago 08$0ts Inve•tment• F01 F02 F03 F04 F05 (Note 15) {Nole 141 {Notg 16) {Note 171 Total flxed assets 8D2 8D3 804 475,330 475,330 475,330 475, 509,278 509.278 Current assets Stocks (Noto 18) Debtorn {Note 191 Invo•tm&nt• {Note 17.41 Ca•h al bank •nd in hand (Noto 241 Total curr•nt as8•t8 Blo 807 806 Bog 1,324,518 1,324,518 1.488,685 1.48 Credltor8: •mount• falllng due wllhln on• y•ar (Notfr 201 1,302 1,302 1,202 N•t ¢urr•nt fdSS•ts/(Ilabllltles) 812 1,487.38 1.323,316 rotal a880ts less ¢urr•nt Ilabllltl•s B13 1,832,594 Credltors: amounts falllng duo •ftor ono year (Nots 201 Provhlon• for Ilabllftl B14 816 Total n•t assets or118bllltles Funds of the Charity Endowmonl funds (Note 27) Rootrlded Incom• fund8 (Note 271 Unrestrl¢ted funds Rov•luatlon r•••rv• B18 1,962,713 1,962.713 1,832,594 817 B18 B19 1,962,713 1,962,713 1,832,594 B20 Total lund4 B21 2.713 1,962,71 1,832,594 Signed by ong or two Iruslees on behalf of all Ihg Iw$lee$ Sign81u Print Name D9te of approval ddlmm A. N. CARTER L. A. ROSS 11.to.LS b91 10.23 CC17a (Excell 1.1 1¢ Jth2Q14 Ir*￿d(FAsY0* FR9102' 1.2 GolrffjtrDn￿rn }. CCI7HIEy Section C Note5 to the accoiiiits Not• Z Accoun￿ng pollcl Plgase Ihls noi& Y￿p flfStIWbwuts*rFR52102 Seclkn1350fFRSlOZ. lo 2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE • provId*4d￿d￿o￿ olth• natur•oloxh chang• kn •EcOw￿ng pttllcy stsrttsl End of p•rlod •tstsd AdJM•im*klS.' Fund b•l*rt•a* r•itst•d R•¢on¢lthllM off n•ll0¢ornrfn•tw•nd￿ Wpr•vlO￿ GAAPIO Mlln¢omrfn•l•xp•ft*lw•) 102 End ol 14•1 lthcoW•¥p•Tr¢ltur•l M pr•vl¢u•ly Prgvlow• pthod r￿lInE&7￿m•xP•nd￿rn1 CC17a (Excdl 1W1012D231 Sectioii C Notos to tho accoiiiils Note 2 2.2 INCOME ¢ounts"n9 poli¢h?8 Ttsi$ si8nd8rd tisl olac¢ounfyngmli¢*s b85b8en appI￿db￿rhfr chartyexwrffoTÈhDso IkkoLI'No"or"Wa". Vvljwa d￿9￿nior8d*l￿?a1pdKy￿as bsen8doptsdlhen INS cid8tsd bftlow. ft•cooth olln¢•m• Th￿are i￿lU￿Ba inlho Ststementof FInan￿•1 A¢itrrf1l88 IS¢FAI when.. the chthty bec¢xwentrtled io the ￿¥oUT￿3. ig r(wy8 11k￿Y than noithotlhe IrU8teeSv￿II Ino r¢gouTceB.' •nd the rnrt8ry volue can be mewred wlh ￿L￿￿¢￿t reliatslrty. No Nl& Thwe Iws bBBn nDoffsetUw of as98t8ar￿1￿tsI￿O1, oi Incomoand 8¥F4ns8s. urle85 r￿￿red or pernrfted FRS 102 SORP orFRS 102 Ye$ No Nl8 Olh•ttl Yes No NIA Granis oonakns are only In¢lud8¢ In th• SoFAwth8n Ih•gprw¥ Incomg romgnllon ¢dton& •fe m￿<5 10 to S l? FRS102 SORPI Or•nl¥ and doNllon* the r¥6e of peri)Tm￿cO gr•rrto, iro)rn• muBtonlyb• r•¢w￿￿•0￿tO th• exi*lt ihaiihe ctharity hjs piovided tho 8p8cifed qwdo or J$enbll•rn¢nlto the9rint ONY OCe￿when ￿ performartt n4•tod ¢onditsw•aie mel 15.16 FRS 102 SORPI. Lwl88 ar6 InelLKled Intha SOFAwhen r¥￿p1 1$ probgbl•, Ihol 1$. when there been qranid pffjb•t•, tha a%￿￿t￿l h4V8 o•tsti￿j th¥ith¢roare sulWoni888oM o61•ts •nd 4nycon01kn6 •it4thod 10 ih•lwty •r• eNhor￿￿In the conird oflh• thartty orhwè md. Yes No Nl& L•Aa¢l•4 Yes No N14 Ye6 No N14 13ov•mrn•ntgr4rt4 Th• ¢hwty h•0 r•th•¢ 0¢￿r￿n?￿l g1¥n￿ In thts podod GIftA￿ r4¢•l¥able h *dudo0 In IncaTh th•r• IB • v•¥d dK￿rn￿on frorn thwdrmr. AnyafftAld 8frthni rteov81•oon 8 don8ik)n I*￿￿610•180 10 part of thai glft and l• trott￿ ai An ald1￿)￿ to &•mè luno 88th• I￿t￿IdOn01th uni•Mtn• or tho tsmits oiin•4pp•41 h8v• *p6cffied T•x M¢i•lrn• on ¢kn•Won• 4Trd gm• No NIA cOntr￿lU￿ kncom• •nd Thli h only Indud•d In th• SoFAoru th•¢h•rfty h•1 pFovld8d th• r•ithd qooJ•or p￿1￿MIn¢• rnl•t•d •1 or m•t the p•rform•rK• T￿lI•d cthidllon8 ND Nl4 Oon4i•d qotrJ¥ 4r• ￿￿*BUrnd atNrY4IU•￿ •wJuntf¢r*thkh the •160t •xchinoedl unl•ulnyacuc•l io do •0 Ye8 No N14 TM fx•l of •ny ilo¢k don1￿d for d11th￿￿on lo b•neflclin•i l* deemed lo th• foirvJlu•fAlhow al lh1￿m0 of ￿rr•colpt4nd Ihry¥r• r•co9nlMd on Ta￿lF1. IM r•pryWng p•rtod th• Block* dlithbut•d. Ih•y•r• r•cowlMd eXF4Jns• Al tr•c8rrylng •mounl of iho $t(Kk• •1 diihfjbulion. ooods trrel•￿Ir8 mè8$ured •lf•lrvalue on Iniiiil l• Ihe xwcteo pro￿•￿& Ifom th• •¥pxted ol $48. rowonl••d In'lrtorf fromotherii8dino Ictl￿t￿lI, ¥)iih Ihe ￿l￿p¢￿In9 b￿ck rtt4oniseo In th• ￿an¢• •h•*t. On sale Ihè vakn 0181￿* li thiryd ￿l￿&].1n¢orn￿ ft£¥n Olhei trlldlno acUvll￿. Ind IM pfo2*di ul• ir• al￿ fecojnliao Ii'lncumfr￿ c4Mi tfidlno Ye¥ NO Nl¥ Yes No Nth Ye$ N¢ t>0￿10n010d triwln9 byl￿￿¥1ty•r• wnl8•d •B tJn9w•flx￿ •iM •nd Incltsdfj¢ kn tho SOFA OB kn￿1n0 ¥¥Nin t•¢*¥•b Yes No GfftB klnd by th• Induthd I￿￿$¢FA •• Iro)T• from ¢gn*lon• wh•n leUN•￿e. DOnll￿Y Ind thtq Ind￿l*d In m• SOfA￿•n r•t*v4d *tth• Vttlu• of t¥th*¢h•rtty Ih•V41u•of￿￿f[ft b• m••Bur•d r•ll¥bty DonHted ￿CeS and fbdlHIES Ihbtare C￿0 In not• 92. TM rkn4rlty IntW9lbk7fMd ￿￿tI, Ih•ii$. nN-rnon•i•ry •iwtB ihli ¢onolh* phy￿￿1 lu￿10￿c• buiare 1dthill1aD￿ and Are ty the chwlty throu9hcuil0ty or18￿1 Th8 arnOrt￿￿On rit0¥ 8nd m•tThod• u8ed ar0d1￿10¥8d In nthg S Int4nglW•flx•d tsMt• Ye8 Nia e& TW•r• ¥*lu*d atto￿. TM ch8rty ha8 hoiwo ou•lA, thDtli, nrthmnetarya•8eMvthh h1&1￿¢. 4rty•l¢, acknll*. 18thnok(1¢81, g00th￿C31 arqn¥ircnm•nt81 quallU•b iNare hebJ ond milntaimd wn¢lp•lly ty iholrconlrtbjlkin to knrMi6dp•4na curture. The4oprKl•Vo t•J m*hodB u*J a8 d1￿018d In nth P.8.1.4. Nl• Ytr• No f41• They￿ vilued al cost. Flxed omel In qUOWd Bh4ro8. Irllded b)nd8 Ina simiiarinv88imenw4re v•lued ￿l￿￿k41￿￿t GOBt 8nd tsth8qu8nlty aif8K v•lue IlfelrmHrkel ¥8iuèI aitm y en¢ $8rnelrealmenlli 8ppiied to unll8ied InvoÈlmwlB urleA5 laii v￿u•￿nn0I o• moa8ured reli•bty In W￿ch rAia rt18 mea*Ur￿ ai co811•48 irnpal1rn￿t lrtvo$bx*nt8 helo lorr8$we w prtlng Ihelr sale and carth and cètsn equiv•l•nt•KWho mAtunty dats Of *$8 Ihan 1 yow aro as Gu￿ent a55el In¥ÈJth*nts Ya Nl8 Yes No Nl* 8tocki wor* In proBrui 8to&ks hehl IDI pirt 0fnonrfhoThtsb￿ are mw7ur￿ lith• reolsable vlll￿. Yes No Nl¥ GWJJ or8er￿¢t$ provid&1 a& ofa charit&￿8 rn883￿ 81 wl tt4lwbK7vilu8 ba￿ on se￿¢8 polenbal prOV￿ed ty Itèmi of8tc¢k. e5 No Nla Yes Nl8 Wort in progr8bs IB val￿d aieosi f¢re$efyable k)SB thatll Ilkdyto OCCWOn Ihgeonira¢t. Debtorn li￿l￿oIng trade debtor3 k)8ns f6c8ivable} are me$8urett¢yi Inmal r4ewrtion at 8etUemeni amount after any di&￿￿ta¢r ar(thnt8Qvar￿fj by th&tharty Subsgwenty. Itware me88ur•J 81 th¢¢0th 01 otWrcon$idwabon Oxpthd w Oe r￿V4d. Ye8 No The ¢haiNy ha8 h89 Inv￿b￿¢￿ts¥ffiICh1I ho￿9 For r£sa* orpendlng the1r5a￿ and Lath andcash a m*tUritydate leS81h￿ oneyoar. Th¢selnBlude caEhon depwiand cath gqUiviwisvAth a mgturftyd*•of18sa one ￿•[ ￿ve￿Iment Purpo￿ratherthan 10 n*otsthrttsm Ca9h comfflltfflents astw rall due. Yes No Nl Cwrnntuo4t Inv4*lment• Ye$ No Nl• orgv*u&101 fall exwlwbete I￿q￿al￿ a& bO*fiTh8n￿lI inslrumeThts. POLICIEB ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE A80VE Not• 3 Athatyill ol Incorn• rundi T(411(￿* Ah• 3E9.35 91Q 389 359 9t0 209 107 5430 r•o•¢*.' Ghl Ald Lo nèia ¢hBdV*o ernbornhip8u hKhAr• 6ubOtqnc•dgD￿lln5 gMnl8 provrd￿ by gDv¢mrnvnVothor OtsnAiod OOd•.f•Blk￿4r￿ Othèr Totsl 390.269 214,637 eh•rlt•t 0￿1 Tothi Th•r Totsl Incom•lwm Inv•ilrn•nts.' InMrwlincom• Th￿dOn0￿CoM• on￿ •nd lo••ln 2.$00 16 228 Totsl 19,389 oflTh¢wr•'. T•i•l C¢nwrnlon4lWd￿￿antfvn￿lntO Ineom a￿D¢￿41•￿)￿ld*i•npll1•fix0d hqld l¢r ch• '•o¥Jn Glnth)dllpD￿d1a PMgr4M￿f*tsd RoyBtt*i Iiom th••xpklWkniollntqlvdu rotsl TOTAL*ICOME 40963 2Jl 796 I InGom•knth•ffty•Arw• ¥rrnlr4Etsd•Ao•ptfw. Wh•rn ￿y•￿￿O￿lu￿O￿c0n¥•rt1dknt0 In¢om• p•rfod. pl•1••￿v1￿•r1•mftI01th•0On¥•￿O￿. thln th•ln¢fyThi*4tyov•th•fdlo*lnoihm• rtil.. 1plM¥•thc￿#fft• lnyprfor CC17a IExLal IW1012023 Section C Notes to the accounts Icontl Nots4 Anatysls of recelpts of government grants Th1$ ygar Last yoar De8crl tion Governmont grnnt 1 G0￿rnM0nt grant 2 Govornm•nt grant 3 othor Total Please pmvlde detall$ of any unfvlfilled eondltlons and other contlnyn¢les altachlng to grants that hav• bMn r•cognl8•d in Income. Plg•sg glvo det•lls of oth•r fornls of 90vernment 4ssl$tance fmm whlch tho ch•rlty has dirg¢tly benefited. CC178 (Exctrll 1911012023 Sectioii C Notes to the accoiints Icontl Note 5 Donated goods, facllities and Servicos This year Last year S•condèd #taff Us• of pr¢p•ty othor Pl•a$è prnvlde dfrtrll8 of the accountlng pollcy for tho recognltlon and valuallon of donalgd goods, lacllltles and $grvic8s. Pfovldg dots118 of any unlulflllod condltlon¥ #nd olh•r contlng8ncio8 attachlng to M•ource8 from don•tgd gi>ods and 8orvlc•J not rncognl••d In In¢om•. Plgase glv• d•tall8 of oth•r forni• of Othor donat•d good• and 80rvlc•• not r•cogniB•d In th• accounts, og contrlbullon of unpald volunts•r•. CC17a IExc411 10 1911012023 Sectioii C Notes to the accoiiiits Iconl Note 8 Analy818 of expendlture Unrn•triCtsd ifi¢omo Emdowm•nt nd6 fun fundB Total fund• Priorya•r Anol B18 Incuired Seeking donation8 Incurred 8eekin9 le98U89 Incurred seeking grants Expendlture on ral8lng fundj.. Optrraling mèmbèrship schamès And soclal lotteries Staging fundraising events Fundraising agents Operab'ng charty shops Operating a trading company undertaking non-charrtable trading activ Adverttslng. mathellng. dlfect rng11 and start UP CO8t8 incurred In generalng new Source of lulurè income Databooe development ¢08t$ Other trading activities Investment m8nagemenl costs.. Portlollo mana emenl c06tB COBI of obtsining investfflenl advlce 9398 Investment 0dmlnlstrat￿n costs Intellectual property licencAng costs Rént collectton, prop8rty repair8 and maintenance charges Admlni81ration costs 7,845 7,845 5.889 Totsl •xp•ndlturn on rnl•lng fund• 10,260 10,260 15.085 Expondltur• on h¥rlt•bl• a¢tlvltlo• Grrmlo lo South Frrftharn EdUcatkth￿ Truet 220 888 220 88e 124502 Tot•1 exp•ndltur• on ¢h•rlthbl• •etlvltl•• 220,866 124S02 Sop•r•t• mot•rl•l It•m of •xp•n8• Totsl O¢h•r Totsl othor eX￿ndIt￿le ¢¢170 IEKo11 1911012023 TOTAL EXPENDITURE 231,126 231,126 139,587 Oth•r Inlorni•tlon: Analy•l• 01oxpondltur• on ch•rll•bl• actfvitl•• Grnnt fundl AGllvlty or programm• Support Totsl th1• y•Ar roi•l prlory••r Ac¢l¥ltl•• und•rt•k•n dlr•dly Aciivty 1 Aclivtt 2 Other Total Gr¥nts to South FAmh•m Educ•tlon•l Tiu•t 22Q.868 220 866 Prlor y•ar •xp•ndltur• on charlt•bl• 4ctlvlti can b• an•ty••d M lollow•'. Qrnn¢8 t? South FBTnham Edueatk*nal Trust Wlthln th• •xp•ndlturn It•m• •b￿ th• followlng ltsms 8r• mat•rfal'. Ipl•••• th*cl￿O th• n•tur•, amount and any prtor y••r mountsl Included wilhln thè gr8nts •bov• li £25,000 thgt has been Spent on IT eq￿Pmen1 and upgrèd• to the nthuk at South Fomh•m S¢hool. CC178 IExr*l 12 1911012023 Section C Notes to the accounts Icontl Note 7 Extraordlnary ltsm8 Please explaln the nature oleach oxtraordlnary Item occufflng In th• p•rlod. ThIB yoar Last yoar D••¢rl tlon Extraordlnary Item 1 None Extraordln*ry Itom 2 Extraordlnary liem 3 Extraordlnary Item 4 Total extsordlnary Iton CC178 IEK¢ell 13 19110r2023 8.1 Pltsse ¢omplo1• fhls not• Irthe charlty ha$ agr••d lo admlnlster th• fund$ of•noth•r •ntty•s Its agent. Note.. Ma ¢h•rty Is •¢tlng as an aqont, tt $hould not r•cognl$e th• in¢om• in th• Siatement of FinanclalA¢tlvths or the Balance Sheet. Amount rncelv•d Amount ald out Bal•nc• h•ld ot end Dw•crlp#onln•m• of party Relat•d paity IYo• orNo Thls y••r Last y••r Th1• La•t ygar Th1# y•ar La•t y•4r None Total .2 Whére • ¢onsgrt1• orsimilararrnngem•nt exlsls wh•reby 2 or mor• ch•rhl•s eowoperate to •chl•v• econom1￿ In th• purchase ofgoodj orservic•$. plea$• dl¥¢o$e detalls ol•ny balancfrs out$tandlng lJ•hveen &nyp•rtklp•tlng members. D••cr5ptlonlnamg of ￿rtY B•l•nc• h•ld •t rlod end Thi• ytar Last y¢•r Total CC17A IExe•ll 14 19110r2023 Section C Notes to the account5 Note 9 Support Costs Ple￿9 compl•t• Ihl$ note If the charlty has an•lys•d Its •xp•n$4s u$lng a¢tlvlty categorhs indhas support Costs. Ral•lng fundB Actlvlty 1 Aetl¥lty 2 A£￿VIty 3 Grand total allocitlon o8cr m•thodl Support cost exam Governance Other Totsl Plo•¥9 pmvldo dgt•ll$ of Ihg accounting pollcy Ipted for the apportionm•nt of ¢ost$ bertv￿n ctlvltlfjs •ndany esdmotlon technlqu•s u$od to calcul•lg Iholr•pportlonment. CC178 IExcell 15 1911012023 Not• 10 Detall• of c•rt•ln item8 of oxyndlturn 10.1 Fo•• for •x•mln•tlon of th• accounts Pl•as• prnvlde d¢t•lls of th• •mountpold for any statutory •xtwn•l 3¢rntlny of accounts and oth•rs•Thlcos provld•dby your Indep•ndMt •x•mln•r. ff nothin9 w•3 paldploaso ent•r il'ln the approprlate box(os). Thle y•ar La¥t yg•r Ind•p•nd•nt •x•mln•rf• f••• 1300 1200 A••urnnc• •eNlco• oth•r than •udlt or Ind•p•Thd•nt •xamln•don NONE NONE Tax ad¥l•ory f• NONE NONE Othor fM• Ifor •xampl•: flnanclal •dvl¢•, con•ultsncy, accountsncy uNlcesl pald to th• Ind•p•nd•nt •xamlner NONE NONE CC178 (Excall 16 1911012023 Section C Notes to the accounts Icontl Nots 11 Paid employees Please complete this note If the charity has any employees. 11.1 staff Costs This year Last yoar Salaries and wages Soclal socurlty costs Pension costs {deflned Gontrlbutlon schernè Other employaa beneflts Total staff costs Please provlde detalls of eX￿ndIture on staff worklng for the charlty whose contracts are wlth and are pald by a related party Pl8ase glve detalls of the number of employees whose total employee beneflts (excludlng employer penslon costs) fell wlthln each band of £10,000 from £60,000 upwards. If there are no such transactlon8, please enter Yru8' In the box pmvlded. No employees recelved omployee boneflts lexcludlng employor penslon costs) for the reportlng perfod of more than £60.000 Band £60,000 to £69,999 £70,000 to £79,999 £80,000 to £89,999 £90.000 to £99,999 £100,000 to £109,999 Number of em ees Please provlde tho total amount pald to key management personnel Ilncludes trustees and senlor rnanagefflent) for thelr serrfices to the Gharlty 11.2 Averago head count In the year Thls year Numbor Last year Number The parts of the charlty In whlch the employees work Total CC17a IEx¢ell 17 1911012023 11.3 Ex-gratla payments to employees and others {excluding trustees) Please completè 11 an ex-gratia payment is made. Please explaln the nature of the payment Ploa8e Stats the legal authorlty or reason for maklng the payment Please state the amount of the payment (or value of any walver of a rlght to an asset> 11.4 Redundancy payments Please Complete if any redundanGy or temilnatlon payment Is made In tha perlod. Total amount of payment The nature of the payment (cash, a88•t otc.) The extent of redundancy fuTrdlng at the balance sheet date Please State the accountlng poll¢y for any redundancy or termlnation payments CC17a IEx¢ell 18 1911012023 Section C Notes to the accounts Iconti Note 12 Def6ned contrlbutlon penslon scheme or defined benefit scheme accounted for as a deflnod Gontribution 8Gheme. 12.1 Please complete thls note Ila deflned conlrlbutlon penslon scheme Is operated. Amount of contrlbutiom Mcognisèd in th¢ SOFA as an 0X￿n8 NIA Plea8• oxplaln the b881s for allocatlng tho liability and gxpgnsg of d•fln8d contrlbution penslon scheme betwoen Ictivitlgs and betWOon rnstricted and unrnltrlctèd fund•. 12.2 Pl•ase compl•l• thls s•Ctlon wh•r• th• charltypartlclp•las In • d•lln•d Iwi•fltp•nslon plan but IJ unablo to as¢ertaln Its 8harn of th• und•rlylng assets andllabllltles. Pl￿10 confimi that altough th• •ch•m• 18 accounted for a8 a defined ontrlbutlon plan, It l• a dolln•d bgn•flt plan. Plo4•0 provld• •u¢h Inforni•tlon •• l• avallabl• about th• plan'j surplus or d&flclt and tho Impllcatloni, If anyi for tho rnportlng charlty 12.3 Ple•se compl•l• Ihlj $•¢tlon whern the ¢horltypJrtl¢lp•to¥ In a muttl4mployerdeflnedb•neflt p•nsh)n plan that Is •ccount•d for￿ a d￿In•deontr1butItin plan. O•ocrfb• th• extent to whlch th• charlty can bg Ilable to thg plan for othor entltlej. obllgatlons under tho tsrm• and condltlon• of the multl4mployer plan CC17a (Excell 19 1W1012023 Section C Notes to tlie accoiints Icontl Note13 Grantmaklng Pl8asg complth th1¥ not• Irthe Charty mad• Iny grants or donatlons whlch In •ggr•gat• forni a mat•rlalpartof th• ¢harltablo aetlvlll•s vndgrtak•n. 13.1 Anal￿18 of gr*nts p•ld Ilncluded In cogt of charftable act1v1t1￿> rants to rants to In•tbtutlon8 Indlvldual¥ Analyili Actwity or project 1 8 8nd Activlti88 Support¢Ogts Totsl 195880 198.e66 ICT E ul rneni and Ne￿ork U rade 25,000 25,000 Adivil ect4 Tothl 220.886 220,888 Plus• •nt•r"Nll" Mth• ¢horty do•¥ not Id•ntMy •ndl4vallocat• •upportcosts. 13.2 Grant• mad• to In•wtU￿0n* My ch•rlty has mad• qrnnts to p•rtlcul•r Insllfftrtlons th•t•r• m•t•rl•l In tho contoxt of It# ornntm•klng. Dotalls of the Instltutlon *upport•d. pu￿$1 of th• grant and totll p•ld to ￿¢￿ In8tltUflon Is •v•llabl• on th• charltys w•b stt•. Pl8•s0 provld• dotalls of charlty'8 URL Provld• d•tall¥ below N•me• ol In•titutlon Purpo•• To provide facillies lor pup118 Totsl amount of rnnts ald £ 220,886 South F8mh8m Educ8tion81 Trust Totalgrants to Instltullon$ In reportlng pwlod Othér unanalys8d grants 220,866 TOTAL GRANTS PAID 220 886 CC178 (Excell 20 19110r2023 N¢X• 14 T•nglbl• Ilxod ass• 14.1 ¢o•torY4hJallon Frvohc4dlrynd &bJWdlry pi Totsi bwl Ind •q￿prn￿t v•hid Allhe bogwthgal theya A*JthOn¥ R4v41u&kni DIopoBd• Aiend cllho yaol 14.2 D•pN¢l*ii•n •n• Imp•lrmin¢• SLorR SLorRB SLorR8 SLorRB LtvFiB alghlLln I'SL") I'Rei -R• Al oflm y•w Imp4im•At Tran•l•rn' Al•nd of tho ya•1 14J Il•tbook ¥•lu• tsoDk v4u• atlh• NBI bvDk vdu• Itlh• •ndvllh• ￿•[ 14A ImwIM•rt ih41hdiD th•rncogTrltton 14.1 R•vilu•¥pn thq ¢•nylng •mouniththwOt￿h•v•ts•• 14.8 Olh•rdlbclMuM• Il•ny, ¢•plWls•rfln vll•rgltrl• ¢omnthntshrth•i¢qul•lllon o11•ftgAtrI• IIIU D•i•W*offh••xthtsrte•4ttdc4tsyI •mountsolpmp•ty.pl•niand8ylpfflent CC17•lknxll 1wior3tr3 Section C Notes to the accounts Note 15 Intangible assets Please complete thls note if ¢he ¢harity has any intangible assets 15.1 Cost or valualion R•8oar¢h & development Patent8 and trademarks Other Totsl At beginning of the year Addition8 Disposals Revaluations Transfers ' At end of the year 15.2 Amortl8atlon and Impalmients 'Basls SLorRB SLorRB SLorRB SLorRB straight Line (SL"lor Reducin9 Balance ' Rate Al beginning of the year Disposals Amortisation Impairment Transfers. At end of year 15.3 Net book value Nat book value at the beginning of the year Net book value at Ihe end of the year 15.4 Accounting policy Please disclose the accounting policy for Intanglble flxed assets including." CC17a (Excell 22 1911012023 Reasons lor choosing amortssatlon rates Policies for the rncognition of any capital development 15.5 Impaimienl Please provlde a descrlption of the events and Clreumstances that led to the recognition or reversal of an impaimient loss. 16.6 Revaluatlon M an accounting pollcy ol revaluatlon Is adopted. please provlde.. th• effectlve date of the revaluatlon the nam• of Independent valuer. If applleable the methods applled the carrylng amount that would have been recognlsed had the a$50ts been carrled under the cost model. 15.7 Other dlsclosure8 (l) If your Intanglblo asset was acqulred by way of grant, provide value on inltlal recognltlon and Car￿ng amount of the asset. (11) Dotall8 of the carrying amounts of any Intanglble assets to which the charity has restrlcted tltle or that arn pledged a3 8e¢urlty for Ilabllltles. (111) Please provlde the amount of Contractual commitments for the aequisition of intanglble assets. (Iv) State the amount of research and development expenditure recognised as expendlture In the year. (vl) Please dotail the headings In the SOFA In which a charge for amortlsatlon of Intanglble assets Is ineluded. (vll) For any material intangible assets, please provide a description, its carrying amount and any remaining amortssation period. The 'lransfors" row is formovements be¢ween fixed asset categories. CC17a (Excell 23 1911012023 ' Please indicate the method of depreci8tion by d&leting the method not 8pplicabl8 (SL = straight line,. RB = reduGing balance). Also p188se indicate the rate of depreciation.. for str8ight line, what is the antI￿pated lrfe of the asset (in years),. for reduGing balance, what is the Percentage 8nnu81 CC17a {Excel) 24 1911012023 Soclion C Noto 16 Hqritage 8480ts P￿Se compl¢le I1￿ note If Ihe chJiityh•A IMritJge au¢l¥ 16.1 G•Mrnl ￿￿¢101￿•• f4y•ll Cha￿￿1• holdln9 ￿r￿9* I•￿ts 111 Expl•ln the n•tur• Ind of h•riiag• ai••t8 hokl. 1111 Expl•lD lh¢ poll￿ fortlM7 •¢4ul•lUon, pr•¥•Nallon, m•t)•g•m•nt dhpo¥•l ol hèrltag 1&2 Co•t Orv￿Ul￿On H•rf14V Total Al b•g￿r￿rI4 011￿ y•ar rxspDslll• TwJf•rn' 16.3 D•pr•¢l•tkin lrnylrmgnl• sim*ht Lln• I'SL'I or R•dLtS R•1• At b•glnThng ollhg D•pr8ck•ivJn lrnpaiFm•ni At and of yeor ie.4 N•t book valu• Nai book valuo al tho btylnnino ol th• N81 book valuo al Ihe and ollh• y• 11.J IMwlvM•nt PleJs• pmvld• • dNcrlpdon olth• •v•nts •ndclrcumJl•nc th•ll•dto the rnGoqniboR orrnv•rJ•lvl•N ImwirnwJtlo8& Jccotmlln9 pollcyalrvv•lv•tson Is idopl•d, pl••J•pmYld•.' th••ffoctlv• alth•r•v•thllon th• n•m• ollndw•nd8nt vtlu•r. M•Wkibl• qU•lift¢￿il1￿s olind•￿￿•￿t v•lv•r lh• m•thod6 •ppll•Ognd¥lynlll¢•ntuS¢￿1pI1ooS •ny•lgnmt8ntllmlt•Qlon$ on lh• v•lu•tlon CC17•lExcell 26 1WILV20YJ 16.7 Anal￿19 of hqrtlag• aBE•ts tycl*b• or group dl•tlngul8hkng th08• •t¢QAt andtho•• •tvAluAtlon Al Y•luaffjon Atco¥tllroup 13votspA Totsl corry￿9 •mounl al th¢ ￿ginning oll porbd AddhKX DI•pLwI8 D￿￿kg1￿￿￿p￿lrTh1n1 R•voluJtvJn C•rrww •mrNml •¢ th• •nd of pwod Id.• H•r￿￿¥ Iwh•r4 h•rft•g•*M•t• •r• not wolgnli•d on th• ￿lin¢• •hNtI 11 expl•ln th• r•aBon why h•rft•g• ••t• hAV• not bq•n rn¢0gnlB•d on th• b•lan¢• •h••t. 1111 DM¢rfb• th• •lgnlll¢in¢• •nd nthr• ol h•dtag• 4•••t•. 11111 Dh¢lo•• Inform•¢bn thtyt l• h•lplul In th• of Ilvl Expthln th• r••iorb why It h not pr•cU¢Dbl• to obt•ln • ¥al￿tIon of h•rii•g• i•••t•. 11.9 Flv• yMi•umrn•ry ￿ h•rll•9•MMl• tr•nUc￿onI 201J 201J 2012 PufehM•• Group A Grtyjp B Group C Olhof Group A Orwp B ¢knpC Ot Tot•1 •ttdltlon• Char4• lor 1mp•1rn￿t G￿pA Grwp B GrrAp C Oth8r Tot•1 ¢h•rg• lor IMWI￿•nI Dl•pou GrApA. Co￿11n9 8Th?￿1 Group 8. rArryng amDLMI Group C Oiher Tot•1 dl•w•• CC17•iEx¢dl 26 1911012023 Section C Notes to the accounts Iconti Not• 17 Investment assets Pl￿5• complets this note rf the charltylms 8nylnvestment assets. 17.1 Fixed assets Inv88tments {pl8a80 provido for each class of invaslment) C￿h & cash 0guival8nts Llsted In¥•¥tfflènts Investment pro￿rtI Soclal Inv•8tment• other Totsl Carrying Ifairl value at beginnlng of period Add: additions lo investments during period. Lola: di8po8a18 at carrying value 12,531 496,74S 509,278 14,448 14,446 LM•: imp*imi•nl• Add: R•v•rn•l of Impalrm•nt8 Addlld•du¢tl: trangfer inlloutl in the period Addlld•du¢tl: nel g8lnl{lo¥¥l on revaluation Carrying IfaSr} value al ènd ol year 20.840 20,640 48,394 48.394 6,137 469,191 475,330 'Pl•••• typoclfy addltlon• re•ultlng from cqul•ltlon• through bu•lnM• comblnatlon•, 11 *ny. Plea8• not• Ihat Falr Value In thlJ ¢ont•xt l¥ th• •mount for whleh on •$$•t could b• •x¢h•nged bthv•on knowleg•bl• and wllllng partlos In an •rm s length trnn$acelon. For tradedsecurltles, tho falr value 1$ the value of tho securlty quoted on the London Stock Exchange Dally OfflclJl Llst orequfvalent For oth•r assets wher• ther• 18 no market pr1¢• on a traded marke¢ It Is thg trujtees, or valuerj, b•Jt ostlmate of f•lr value. 17.2 Please provide a breakdown of Inve•lments shown abovo agreelng wlth the bal•n¢o sheot row B04 difforontiating betwoen those held at falr valug and those held at G￿tIO$• ImpaimignL Analy818 ol Inveslments Falr valu• it y•ar •nd Co8t1•88 Imylmient Ca•h or c•8h oqulval•nts 6.137 Ll$t•d Snv•8tm•nts 469.191 Invo8tm•nt prop•rtle$ Soclal investments Other Invostmonts Total 475,330 Grand total (Fair value at year end+Co>t l•s• Impalmientl 475.330 17.3 If your charity holds investment propertigsp please cornpl•te the following nots: CC17a (Excell 27 1911012023 111 Expl8ln th• m•thod• and •lgnlflcant ••$umptlon8 In d•t•milnlng tho lalr v•lu• of Invo•tmont prop•rty hold by tho ch•rlty 1111 N•mo or Indop•nd•nt v•lu•r, If •ppllcabl•, •nd rnl•v•nt quallflcatlon8 11111 Provld• d•tall• ol any ro•trlctloM on th• ablllty to r•all*• Invo•tm•nt PrO￿rtY or on th• r•mlttanco of Incomo or dlspoul proc••ds {Ivl Explaln any contr•ctual obllgattonB for the purchau. c¢n•tructlon or do￿10PMent of Inv￿tm•nl prop•rty or for rnpilr#, ma5nt•n•nc• or •nh•nc•m•nts CC17a (Excell 28 19111Y2023 17.4 Please provido a broakdown of current asset investments, if appli¢ablo. agr••lng wlth the balance 8heet. Analy818 of current asset invMlmont8 ThSB year La8t year Ca•h or cash •quival•nts Listsd invostmonts Investment propgrt198 Social invogtments Other InvMtmont• Total 17.5 Guarant•08 Plo••0 provld• dètsll• and amount of any guar•nt•g m*d& to or on b•half of a thITd party Nam• of tho ontlty or •ntItl￿ bgnollttlng from tho•• guarantso• pl•a￿ •xplaln how tho guarnnts• fvrthorn th• ch•rlty'• •lm• 17.6 Conce8•lonary loan• Du¢rlpllon Thh ￿•r LA•t yur £ Amount of conc•s•lonary loans mado IMultlpl• loans mod• may be dl¥¢lo¥gd In •gpr•gJto pmvld•d that*uch •ggregatl¢)n do•s not obsurn slgnlflcont Infornwtlon l. Total Dejcrlptlon Th18 y•ar £ La8t year £ Amount of ¢oncg•8ionary loans rfrcelvod (PAuftlpl• loans rn¢thdmay b• dlsclosed In aggr•g8te pro¥lded thJt iu¢h aggrnptlon do•8 not obsur• slgnllk•nt Inlorniallon). Total Terni• and ¢ondltlons eg Intgrg•t rats, •g¢urity provlded Valuo of any concgsslonary loans whlch have been Gommlttgd but not taken up at tho rnporting dats Amounts payable wlthln 1 year CC17a {EX￿1) 1911012023 Amount¥ payablo •ft•r more th*Tr 1 y••r Amount• r•c•lvabl• wlthln 1 y•ar Amounil rnc•lvabl• aft•r mor• th•n 1 y•ar 17.7 Addltlonal Infomi•tlon Plo••• provld• Informatlon about th• JlgnlflGan¢• ol Inv•itm•nth to th• charlty. finonclal poiltion or p•rtom)anco •u. tsmis and conditionj of loan• or tho u•• ol h•dglng to m•n•A• fin*ncl*l rl•k. For all Invo•tmonts m8a8ur•d at lalr valuo, th• ba81• for detgrnilnlng th• value, Includlng any •••umpUon• •ppllgd wh•n ullng a valuatlon l•chnlqu•. Irihoro * ch•dty ha• provlded flnancl•l •s•ets •J form of •ecurlty. tho carrylng •mount of th flnanclal a$8Ot pledged a¥ 8Kurlty •nd th8 tsrm• and condltlons rol•tlng to Its pledg•. CC178 IExcdl 19110r2023 Soction C Notes to the accouiits Icontl Note 18 Stocks Plu$• complete this note M the charlty holds any 8toclr Itemj 18.1 Plga80 $tst• tho ¢amiing amount of Stock and work In progr•88 analy8•d botwefrn actlvltl•8. Stock Donated good8 Work In progre89 For dl8trlbutlon For ro•alo For dlstrlbutlon For rnoal• Ch•rltabl• a¢tlvltlo8: Op•nlng Add•d In perfod Expon8odln porlod Impalrod c1￿1n9 Oth•r tradlng acllvltl•4: Op•nln9 Addodln p•rlod Exp•ns•d In p•rlod Impalr•d Cloilnq Oth•r: Op•nlng Added In P•flod Exp•n4•d In p•rlod Imp•lrnd Closlng Total th18 y••r Totslprevlous yur 18.2 Ploa80 8peclfy the carrying amount of any stocks plgdggd as fjKurity for liabillti CC178 (Excell 31 19110r2023 Sectioi) C Notes to the accoijnts Icontl Note 19 Debtors and prepayments Plga49 comploto thls note Mtho charfty has any debtors orprepayments. 19.1 Anaty•ls of d•btor• Thls yoar Last yoar Trnde debtorn Prep•ymont8 •nd •¢cru•d Incomo Other debtorn Tol•l Pluse complete 19.2 whor• a materfal debtorls rocoverablo moro than a y•arafter the reportlng date. 19.2 Analy818 of d•btorn r•coverabl• In mor• than 1 y•ar Ilncluded In d•btorn ibov• Th18 y•ar Lait year Trade dobtors Prepayments and ac¢rued Incom Othor dobtorn Totsl CC17a (Excel) 32 19110r2023 Sectioi) C Notes lo the ac¢oui)ts Icoiitl Nots 20 Creditors and accruals Please complete thls note If the eharlty has any ereditors oraceruals. 20.1 Analy•is of cr•dltorn Amounts falllng due wlthln on? oar Th18 y•ar Last year Amounts falllng du• aft•r moro than one year Th18 y•ar L*¥t y•ar Aeerual• for grnnt• piyabl• Bank lo•n8 and overdrafts Tr•d• cr•dltorn Paym•nt8 rncolved on Account for ¢ontr•¢ts or pfrrfomion¢e-rol•tsd gr•nts Accrual8 ond deforrnd In¢om• 1,300 1,200 Taxatlon and Boclal 8acurity other credltorn Total 20.2 Doferred Income Plw•• compl•t• thls not• If th• charlty ha* d•f•rrnd Incom•. Plus• oxplaln th• reasons why Ineom•18 deferred. Movomont In dofwred Incom• account Th18 y••r La•t y•ar Balance at the start of the reportlng perlod Amounts added In current perlod Amounts rel?as•d to Incom? frorn pr•vlous perlods Balance at the end of the reportlng perlod CC178 (Excel) 1911012023 Section C Notes to the accounts Icoijti Note 21 Provisions for Ilabllltles and charges Please Complete thls note ff you hav• included In ¢harlty •xp•ndlturg any pmvlslons. A provlslon Is made when the charity has a Ilablllty of un¢ortaln tlmlng or amount. 21.1 Ple•80 provlde: brffrf do•crlpllon of any obligalion8 on the bal•n¢e 6hoet and tho exp¢ctod amount and tlmlng ol rosultlng payments; - an Indl¢atlon of the unc&rt•lntle• about the amount or Ilmlng of tho•• ou¢llow•; •nd - th8 amount of any expected relmbur8emen( 8tatlng tho amount of any a88et that ha8 been recognlsod for that eX￿¢t•d r•lmburnement. 21.2 Mov•m•nts In recognl•ed provl•lon• and lundlng commltment durlng the poriod Th18 ye•r L•8t yo•r Balanc• at th• 8tart of th• r•portlng perlod Amoun1• addod In ¢uff•nt perbod Amount8 charged agalnst the provl8lon In th• current p•rlod Unu8•d amounts rgverned durlng thg pgrlod Balanco at tho &nd of th• r•portlng perfod 21.3 For any fundlng ¢ommltmont that l• not recognlsed a8 a liablllty or prov135on, provldo datall8 of ¢ommllment madg, thg tlme frarno of that commftmenl, any perforniaTrco-related condltlon8 Ind detalls of how the commltmant wlll be funded (wlth eontraets for capllal expendlturo 80paratety Idantlfled}. 21.4 Where unre•trfcted funds hav• b•on de8lgnal8d lo a fund commitment, ploase dlsclo•e the naturg of any •mounts deslgnatod and tho Ilkoty tlmlng of that expendlture. CC178 (Excèl) 1911012023 Not• 22 Oth•r dli¢lo•ur•• lor d•btorn, ¢r•dltor• ind oth•f b••l¢ Iln•n¢l•l In•tNm•nts 22.1 Pluu provldo Infornatlon aboutth• •lynin¢4n¢g ol flnin¢lal In•trum•ni• l•g. dobt¢rn, cY•dHorn, InvMtm•nt• •tcl lo th• ch•rlty'• fln•nclal P￿IN0￿ or p•rtOM￿nC•, lor•xamplo, tho t8rn1• and ¢ondlllort• ol lo•n• orth• u•• ol h•dglrffj to m•n•g• flrnnclol rl•k. 22.2 11 th• ch•ty ha• provld•d 1Sn•ncl•l a• lovm of M¢urtty. th• ¢•nylhg •mount of th• Iln•n¢Tral Mt• pl•d98d i• ••curlty ind th• t•mi• •nd conrtlom r•lat•d to It* pWi• •hould ￿ gbv•n h•w•. CC178 IEx¢dl 35 19Mof2022 Sectioii C Notes to the accounts Icontl Not8 23 Contingent liabilities and contlngent assets 23.1 Contlngènt Il•bllftlo8 Whgre the ¢harlty ha8 contlngent Ilabllllltle8p plèa80 compl•ts th¢ followlng 8eCtlon unl￿$ thg po88lblllty of their exlstenco18 r•motO. D08crlptlon of Item Including ItB1ogal naturn. Pl•a8• de•¢rlb• any •e¢urfty provlded In connectlon to the Ilablllty. E8tirnaie of Ilnanclal off•¢t 23.2 Contlng•nt 086Ot• Where tho charlty ha8 contlngont ••8•t•i pl•a8• compl•te th• followlng •Kllon when tholr oxl•toneè l• probablg De•crl Ilon of Itom E8tlm•te of fln•ncl•l offect 23.4 Othor dl8c108ures for contlngent •88ets andlor Ilabllltlo8 Pleau provlde Ihe followlng Inforniatlon whore practleablè: Explaln any uncertaIntl￿ rnlatlng to th8 amount or tlming ol settlement; and th• p￿$[bIlty ol any relmbursement Wh0ro1118 not prnctlcal to make on• or more of the•• di￿10$Ures, please state th18 fact CC178 (Excel) 1911012023 Not• 24 •t b•nk and In hind Th1• y••r L••t y••r 8horttsmi c••h InvMtm•nl• Il•M thin S monikn miturtty dat•l shOrtts￿ dIP￿Ill Cuh It ￿￿k on h•nd Oth•r Tot•1 1,488,085 1,324.518 ce17B (Ex￿> 87 1W10r2Q23 Section C Notes to the accolints (cont) Nots 25 Fair value of asset8 and Ilabllltle8 25.1 Plea88 provlde detsll• of thè charlty'8 0xpo8ur• to credlt risk Ith• rl•k of In¢urrlng a los• due to a dobtor not paylng what Is owed) I Ilquldlty rlsk (tho rl8k of not bglng able to moet short temi flnanclal demand•l and market rf•k Ithe r18k Ihat tho valu• of an Invo8tment wlll fall due to changfr• In the market) arlslng from flnanclal In8trum8nts to whlch th• charlty 18 OXPO8ed at the end of the reportlng p•rfod and •xplaln how th• eharlty manage• Iho8& rl8k8. 26.2 Please glvo do1•ll• of the amount of change In tho falr valuè of b•8lc flnancl•l In•trum8nt8 Idebtorn. credltorn, In¥88tments (Beg 8gCtlon 11, FRS 102 SORPI) moa•ured at f•lr v•lue through tha SOFA that IS attrlbutablfj to chang•8 In cr•dll rl•k. CC17a IEx¢ell 38 1911012023 Section C Notes to the accounts (cont) Noto 26 Events aft•r the ond of tho reporting period Please complete th1$ note events (not requlrlng adjustment to the accounts) have oc¢urred after the end ol the reporting period but beftire the account8 are authorisod which relate to condltlons that arose after the end of the reporfrng perlod. Please provlde detallg of th• nalure of the event Provlde an 08tlmate of the flnanclal effect of th• event or a 8tatemant that such an 08tlmato cannot be mad8 CC17a IEx¢ell 39 1911012023 1111111111 11111111111 11111111111 1111111111 111111111111 lllliiiiiiiiiia 1111111111 11111111111 1111111111 Iiiiiiiiiiill Sectioii C Notes to the accoLllIts (cont} Noto 27 Charlty funds (cont 27.3 Transfers between funds R•a80n for trnn8f•r and whero endowmont18 Converted to Incom•, 1og•l power for Its convornlon Amount Be￿en unrestricted and restricted funds Be￿een endowment and stricled funds B8tsv8en endowment and un￿StrICted funds 27.4 Desl nated funds Plannod u80 Purpo•0 of th• d••1 natlon Amount CC17a (Excell 42 19110r2023 Nth2• tru1tern4r￿ r￿￿*4￿ yrU• l•.1 Tru¥lwr•munw4tlon bon• TW DrF•knl 0￿r TOT• M•r.gowr NoknJth14X•MM•*iv•bMnlMwNdrrn￿4rP•1￿ Thhy••i L•ll￿r TQT F￿lE Am￿mI wNVAn•ll tyJNr nf441 •dpNrty AMDUP Jlrulw￿In EdU¢•t￿)￿lI fi¥ 8(￿Fir￿1￿ trommon Section C Notes to the accounts Icontl Note 29 Additional Dlsclosuras Thg following am significant matters which are not COV8rgd In other notes and need to be includèd to provide a proper undorstandlng of *he accounts. If there is insufficient room here, please add a separate sheeL CC17a (EX￿1} 44 1911012023 DocuSign Envelope ID: F7BA6086-3F8D-46B3-A06E-B0ED70934413 ## SOUTH FARNHAM SCHOOL TRUST ## INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 ## **Independent examiner's report to the Trustees of South Farnham School Trust (the 'charity')** I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 December 2022. ## **Responsibilities and basis of report** As the Trustees of the charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act'). I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the ICAEW which is one of the listed bodies. I have completed my examination. I can confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. This report is made solely to the charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my work or for this report. Signed: 20-Oct-2023 Dated: Janice Matthew FCA ## **Menzies LLP** Chartered Accountants Magna House 18-32 London Road Staines-Upon-Thames TW18 4BP