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FOUNDATION BOARD
from Truro School Foundation: Annual Giving Report & Financial Statements - For year ended 31 August 2021
by Truro School
Mr T Bunting Mr W Conchie
Friend of Truro School (appointed 29 January 2021) Former Parent Mr R Cowie Former Parent (appointed 29 January 2021) Mr G Chegwidden Former Pupil Mr J Eddy Former Pupil and Parent Mr G Hooper Chair of Trustees Mr P Munro-Lott Former Parent (appointed 29 January 2021) Mrs N Pooley Former Parent (resigned 21 January 2022) Mr P Smith Former Headmaster of Truro School Mr P Stethridge Truro School Governor of Truro School and Former Pupil Mrs H Sullivan Governor of Truro School & Former Parent (resigned 21 January 2022) Mr R Thomas Truro School Chair of Governors and Former Parent
EX-OFFICIO MEMBERS: Name Role at Truro School Mrs Nicky Berridge Development Manager Mrs Jayne Grigg Director of Admissions and Development Mr Andy Johnson Head Mr Kieran Topping Business Director
Statement of Trustees’ Responsibilities
The Trustees (who are also the directors of Truro School Foundation Limited for the purposes of company law) are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). • State whether applicable UK Accounting
Standards have been followed, subject to any material departures disclosed and explained in the financial statements; • Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charitable Company and of the incoming resources and application of resources, including income and expenditure, of the Charitable Company for that period. In preparing these financial statements, the Trustees are required to:
• Select suitable accounting policies and then apply them consistently; • Observe the methods and principles in the
Charities SORP; • Make judgements and estimates that are reasonable and prudent; The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time of the financial position of the Charitable Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charitable Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.