Unrestricted |
Restricted |
Endowed |
2016 |
2015 |
Funds |
Funds |
Funds |
Total |
Total |
(£’ 000 ) |
(£’ 000 ) |
(£’ 000 ) |
(£’ 000 ) |
(£’ 000 ) |
Income from charitable activities Gross school fees receivable |
24,607 |
- |
- |
24,607 |
23,543 |
Scholarships and bursaries |
( 3,267 ) |
- |
- |
( 3,267 ) |
( 2,431 ) |
Contributions to bursaries from endowed funds and donations |
485 |
- |
- |
485 |
486 |
Net school fees receivable |
21,825 |
- |
- |
21,825 |
21,598 |
Income from other activities Trading income |
555 |
- |
- |
555 |
505 |
Other activities |
90 |
- |
- |
90 |
122 |
Investment income |
63 |
- |
1,818 |
1,881 |
1,866 |
Capital applied to income |
2,272 |
535 |
( 2,807 ) |
- |
- |
Bank and other interest |
87 |
21 |
- |
108 |
124 |
Grants and donations |
286 |
347 |
2,512 |
3,145 |
3,471 |
Other development income |
52 |
- |
- |
52 |
89 |
Total incoming resources |
26,091 |
903 |
1,523 |
28,517 |
28,647 |
EXPENDITURE
Costs of raising funds Trading costs
|
( 280 ) |
- |
- |
( 280 ) |
( 271 ) |
|
Financing costs |
( 276 ) |
- |
- |
( 276 ) |
( 284 ) |
|
Investment management |
- |
- |
( 697 ) |
( 697 ) |
( 591 ) |
|
Development costs : |
- Fundraising |
( 428 ) |
- |
- |
( 428 ) |
( 501 ) |
- Other activities |
( 342 ) |
- |
- |
( 342 ) |
( 361 ) |
|
Total costs of raising funds |
( 1,326 ) |
- |
( 697 ) |
( 2,023 ) |
( 2,008 ) |
Charitable activities EDUCATION AND GRANT MAKING Teaching |
( 10,567 ) |
( 75 ) |
- |
( 10,642 ) |
( 10,137 ) |
Welfare |
( 3,929 ) |
( 27 ) |
- |
( 3,956 ) |
( 3,869 ) |
Premises repair and maintenance |
( 6,615 ) |
( 5 ) |
( 770 ) |
( 7,390 ) |
( 6,847 ) |
Support costs of schooling |
( 1,620 ) |
- |
- |
( 1,620 ) |
( 1,542 ) |
Grants , awards and prizes - Quiristers |
( 60 ) |
( 119 ) |
- |
( 179 ) |
( 196 ) |
- Contributions to bursaries from endowed funds and donations |
- |
( 485 ) |
- |
( 485 ) |
( 486 ) |
- Other awards |
( 9 ) |
( 36 ) |
- |
( 45 ) |
( 53 ) |
( 22,800 ) |
( 747 ) |
( 770 ) |
( 24,317 ) |
( 23,130 ) |
PRESERVATION OF ANCIENT BUILDINGS AND CONTENTS |
( 566 ) |
( 37 ) |
- |
( 603 ) |
( 887 ) |
Total expenditure |
( 24,692 ) |
( 784 ) |
( 1,467 ) |
( 26,943 ) |
( 26,025 ) |
Net incoming resources |
1,399 |
119 |
56 |
1,574 |
2,622 |
Revaluation gains and losses |
609 |
- |
80,833 |
81,442 |
22,515 |
Transfers between funds |
1,570 |
( 1,570 ) |
- |
- |
- |
Net income and capital ( outflow ) |
3,578 |
( 1,451 ) |
80,889 |
83,016 |
25,137 |
Pension scheme actuarial losses |
( 1,954 ) |
- |
- |
( 1,954 ) |
( 272 ) |
Net movement in funds for the year |
1,624 |
( 1,451 ) |
80,889 |
81,062 |
24,865 |
Opening fund balances |
26,181 |
1,979 |
239,338 |
267,498 |
242,633 |
Closing fund balances |
27,805 |
528 |
320,227 |
348,560 |
267,498 |