STONAR SCHOOL
Charity overview
Activities - how the charity spends its money
Stonar School (now Cottles Park School Limited) provided independent day and boarding education for girls aged 2-18 and boys aged 2-11 up to the change of ownership on 31st October 2013. From this date Cottles Park School Ltd has been dormant. Stonar School continues to provide education under the ownership of NACE Educational Services Ltd.
Income and expenditure
Data for financial year ending 31 July 2014
Total income:
£1,118,360
Donations and legacies | £0 | |
Charitable activities | £1.10m | |
Other trading activities | £22.75k | |
Investments | £38 | |
Other | £0 |
Total expenditure:
£4,360,341
Raising funds | £0 | |
Charitable activities | £4.36m | |
Other | £0 |
£0 investments gains (losses)
Charitable expenditure
Charitable expenditure with investment gains
Charitable expenditure
Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.
In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.
Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.
By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.
Raising funds and other expenditure | £2.83k | |
Charitable expenditure | £4.36m |
Fundraising
Trading
Trustee payments
What, who, how, where
- Education/training
- Children/young People
- Provides Buildings/facilities/open Space
- Provides Services
- Wiltshire
Governance
- 20 June 1963: Standard registration
- 16 March 2016: Removed (Ceased to exist)
- STONAR SCHOOL, LTD (Previous name)
Financial history
Financial period end date
Income / Expenditure | 31/07/2010 | 31/07/2011 | 31/07/2012 | 31/07/2013 | 31/07/2014 | ||
---|---|---|---|---|---|---|---|
|
Total gross income | £5.53m | £5.51m | £5.27m | £5.74m | £1.12m | |
|
Total expenditure | £5.64m | £5.76m | £5.55m | £5.61m | £4.36m | |
|
Income from government contracts | N/A | N/A | N/A | N/A | N/A | |
|
Income from government grants | N/A | N/A | N/A | N/A | N/A | |
|
Income - Donations and legacies | £0 | £21.69k | £110.44k | £14.67k | £0 | |
|
Income - Other trading activities | £10.29k | £17.96k | £27.60k | £1.25k | £22.75k | |
|
Income - Charitable activities | £5.48m | £5.47m | £5.13m | £5.72m | £1.10m | |
|
Income - Endowments | £0 | £0 | £0 | £0 | £0 | |
|
Income - Investment | £1.36k | £6.05k | £93 | £172 | £38 | |
|
Income - Other | £35.49k | £0 | £0 | £0 | £0 | |
|
Income - Legacies | £0 | £1.00k | £100.00k | £0 | £0 | |
|
Expenditure - Charitable activities | £5.62m | £5.73m | £5.53m | £5.59m | £4.36m | |
|
Expenditure - Raising funds | N/A | N/A | N/A | N/A | N/A | |
|
Expenditure - Governance | £17.44k | £19.79k | £15.35k | £18.16k | £2.83k | |
|
Expenditure - Grants institution | £0 | £0 | £0 | £0 | £0 | |
|
Expenditure - Investment management | £0 | £0 | £0 | £0 | £0 | |
|
Expenditure - Other | £0 | £0 | £0 | £0 | £0 |
Assets and liabilities
Definitions for assets and liabilities
These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.
Long term InvestmentsInvestments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.
These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.
Defined benefit pension scheme asset or liabilityThis is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.
Total liabilitiesThese are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.
Asset / Liability | 31/07/2010 | 31/07/2011 | 31/07/2012 | 31/07/2013 | 31/07/2014 | ||
---|---|---|---|---|---|---|---|
|
Own use assets | £3.64m | £3.66m | £3.40m | £3.23m | £0 | |
|
Long-term investments | £3 | £3 | £3 | £3 | £0 | |
|
Other assets | £2.01m | £1.84m | £1.77m | £2.08m | £0 | |
|
Defined benefit pension scheme asset or liability | £0 | £0 | £0 | £0 | £0 | |
|
Total liabilities | £2.26m | £2.36m | £2.31m | £2.32m | £0 |
Accounts and annual returns
Title | Reporting year | Date received | Received | Download |
---|---|---|---|---|
Annual return | 31 July 2015 | Not submitted | ||
Accounts and TAR | 31 July 2015 | Not submitted | ||
Annual return | 31 July 2014 | 21 April 2015 | On Time | |
Accounts and TAR | 31 July 2014 | 21 April 2015 | On Time | |
Annual return | 31 July 2013 | 11 March 2014 | On Time | |
Accounts and TAR | 31 July 2013 | 11 March 2014 | On Time | |
Annual return | 31 July 2012 | 16 April 2013 | On Time | |
Accounts and TAR | 31 July 2012 | 16 April 2013 | On Time |
Governing document
It is not the full text of the charity's governing document.
MEMORANDUM AND ARTICLES INCORPORATED 17/07/1950 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 02/06/2006 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 19/04/2013 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 12/06/2013
Charitable objects
TO ADVANCE EDUCATION AND TRAINING BY THE PROVISION AND CONDUCT IN THE UNITED KINGDOM OR ABROAD OF A SCHOOL OR SCHOOLS FOR GIRLS AND/OR BOYS AND IN PARTICULAR; TO CARRY ON A SCHOOL A COTTLES PARK, ATWORTH, NEAR MELKSHAM, IN THE COUNTY OF WILTSHIRE OR ELSEWHERE; AND INSOFAR AS IT IS INCIDENTAL OR ANCILLARY TO THE ADVANCEMENT OF EDUCATION, SUCH OTHER PURPOSES FOR THE BENEFIT OF THE LOCAL COMMUNITY AS SHALL BE EXCLUSIVELY CHARITABLE.
Area of benefit
NOT DEFINED
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