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DIOCESE OF CHICHESTER ACADEMY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2019
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Funds
Restricted general funds
General Annual Grant (GAG) 1,930 Start up grants 17,147 Other DfE / ESFA grants 1,106,092 Other government grants
Other restricted funds 235,981 Pension reserve (677,000)
12,842,292
1,874,575 145,127 583,195
(47,000) 15,398,189
222,825 15,621,014
738,991 16,360,005
(12,608,799) (3,350) (2,192,661) (145,127) (762,985) (402,000)
(16,114,922) (7,853) (16,122,775)
(572,722) (16,695,497)
86,853 (1,148,000)
(1,061,147) (86,853) (1,148,000)
(1,148,000)
235,423 13,797 788,006
143,044 (2,274,000)
(1,093,730) 244,340
(849,390)
323,162 (526,228)
684,150 DfE group capital grants 116,221 Total restricted funds 800,371
Unrestricted funds
General funds 156,893
Total funds 957,264
Restricted fixed asset funds
Balance at 1 September 2018
Income Expenditure
Gains, losses and transfers
The specific purposes for which the funds are to be applied are as follows:
Balance at 31 August 2019 £££
General Annual Grant are to be used for funding the Academy's operating costs. The Academy Trust is not subject to a limit on the amount of GAG that it can carry forward.
Start up and other DfE/ESFA grants are to be used for funding the Academy's operating costs.
Other government and local authority grants are to be used for funding the Academy's operating costs as well as towards the costs of providing special educational needs.
DFC group capital funds are to be used to improvement buildings and other faculties, including ICT or capital repairs.
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