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|Annual reportand financial statements<br>forthe year ended 31 August 2022|||
|---|---|---|
|Contents|Page||
|Trustees, officers and advisors||1|
|Report of the Trustees and Strategic Report|2- 15||
|Independentauditors’ report|16-18||
|Consolidated statement offinancial activities||19|
|Consolidated summary income and expenditure account||20|
|Note of consolidated historical cost profits and losses for the year||20|
|Balance sheets||21|
|Consolidated cash flow statement||22|
|Notes to the financial statements|23|- 46|





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|Trustees, Officers and Adviso|rs|||
|---|---|---|---|
|Trustees, Governors and Directors<br>Ms AF l-lazlitt|BA||Membership of Committees<br>SG|
|(Chair ofGovernors)||||
|Mr NM Homby<br>(Vice Chair)|BSc||ES, F, N. B|
|Mr TM Boucher<br>(Chair of Finance & General Purposes Committee)|BA,FCA||ES, F, N, B|
|Mr JJ Smith<br>(Chairof Education Committee)|BA, MEd, PGCE||ED, N|
|Ms VJ Exelby<br>Mrs FM Holmes<br>Dr C Q’Kane|MA<br>BComm<br>MA, MB BChir, MSc,||ED, SG, B<br>ES, F<br>ED|
||Dphil|||
|Mr MK Ridley<br>(Chair of Estates Sub-Committee)|BA, MA, MRICS||ES, F, B|
|Ms EJ Clarke|MlnstF(Cert)||ED, B|
|Mrs Cl Ratnage<br>(Chair of Safeguarding Committee)|MBChB, MRCGP||ED, SC|
|Ms P Diana<br>Ms C Ross<br>Ms 5K McNair Scott<br>(Chair of Business Development Committee)|BSc MA<br>LLB (F-ions)||ED, SG<br>SG, F, N<br>B, E, F|
|NB<br>Key to membership of Committees above is as|follows;|||
|Education Committee||ED||
|Safeguarding Committee||SG||
|Finance & General Purposes Committee||F||
|Estates Sub-Committee||ES||
|Nominations, Governance and Remuneration Committee||N||
|Business Development Committee||B||



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|for the year ended 31|Au|gust 2022|gust 2022|||||
|---|---|---|---|---|---|---|---|
|||Unrestricted funds||Restricted|Endowed|Total|Total|
||Notes|School|Others|Funds|Funds|2022|2021|
|||£000|£000|£000|£000|£‘OOO|£000|
|INCOMING RESOURCES||||||||
|Donationsandlegacies||-|-|18|-|18|110|
|Othertrading activities:||||||||
|Trading income||-|462|-|-|462|40|
|Premises hire||21|-|-|-|21|-|
|Income from investments||3|-|-|16|19|14|
|Income from charitable activities:||||||||
|School activities||22809|-|-|-|22809|20,834|
|Other income:||||||||
|Gan on disposal ci fixed assets||-|-|-|-|-|1|
|Total Income and Endowments||22,833|462|18|16|23,329|20,999|
|RESOURCES EXPENDED||||||||
|Expenditureon raising funds:||||||||
|Trading expenditure|5|-|105|-|-|105|14|
|Generating voluntary income|5|145|-|-|-|145|211|
|Expenditure on charitable activities||||||||
|School activities|5|21,910|916|52|13|22,891|20,398|
|Governance costs|5|51|6|-|-|57|50|
|Total expenditure||22,106|1,027|52|13|23,198|20,673|
|NET INCOME) (EXPENSE) BEFORE<br>(LOSSES) / GAINS ON INVESTMENTS||727|(565)|(34)|3|131|326|
|Net (losses) /gains on investments||-|-|-|(57)|(57)|188|
|NET INCOME/(EXPENSE) BEFORE<br>TRANSFERS|4|727|(565)|(34)|(54)|74|514|
|Transfers between funds|17|309|(285)|(24)|-|-|-|
|NET MOVEMENT IN FUNDS||1,036|(850)|(58)|(54)|74|514|
|Total funds brought forward|17|22,256|2,343|1,660|1,502|27,761|27,247|
|TOTALFUNDS CARRIED FORWARD|17|23,292|1,493|1,602|1,448|27,835|27,761|





## 

|||2022|2021|
|---|---|---|---|
||Notes|£‘OOO|£000|
|Net charitable income||22,867|20958|
|Less Endowedfund income||(16)|(42)|
|Gain on disposal|||1|
|Non-charitable trading income|2|462|40|
|Total income||23,313|20,957|
|Charitable expenditure||(23,080)|(20,659)|
|Add back Endowed fund expenditure||13|12|
|Non-charitable trading expenditure|2|(105)|(14)|
|Net Income before investment asset disposals||141|296|
|(Loss) on disposal of fixed asset investments||(41)|(2)|
|Interest payable and similar charges|7|(13)||
|Interest receivable||19||
|Surplus of income over expenditure||106|294|
|Reconciliation to Consolidated statement of financial|activities|||



|Reconciliation to Consolidated statement of financial activities|||
|---|---|---|
||2022|2021|
||£‘OOO|£000|
|Net incoming resources before recognised gains & losses|131|326|
|(Loss) on disposal offixed asset investments|(41)|(2)|
|Less net income and expenditure on endowed funds|3|(30)|
|Surplus of income over expenditure|93|294|



|Note of consolidated historical cost <br>the yearended 31 August 2022|profits and loss|es for|
|---|---|---|
||2022|2021|
||£000|£000|
|Reported surplus of income over expenditure|93|294|
|Realisation ofinvestment gains of previous years|(41)|(2)|
|Historical surplus on ordinary activities|52|292|





## 

|Balance Sheets as at 31|Augu|st 2022|st 2022|||
|---|---|---|---|---|---|
|||Consolidated||School||
|||2022|2021|2022|2021|
||Notes|£000|£000|t000|£000|
|Fixed assets||||||
|Tangible assets|9|30,180|29,632|2,741|2,490|
|Investments|10|2,146|2,207|2,146|2,207|
|||32,326|31,839|4,887|4,697|
|Current assets||||||
|Stocks|11|20|19|20|19|
|Debtors|12|2,563|3,678|39,802|39,159|
|Investments|10|164|329|154|319|
|Cash at bank and in hand||6,658|3,793|5,793|3,333|
|||9,405|7,819|45,769|42,830|
|Creditors: amounts falling due wilhin one||||||
|year|13|(10,032)|(9,018)|(21,265)|(20,079)|
|Net current (liabilities) I assets||(627)|(1,199)|24,504|22,751|
|Total assets less current liabilitIes||31,699|30,640|29,391|27,448|
|Creditors: amounts falling due after more||||||
|than one year||||||
|Advance fees|15|(640)|(728)|(640)|(728)|
|Bank Loans|13|(1,500)|(500)|(1,500)|(500)|
|Final term deposits|14|(1,175)|(1,102)|(1,175)|(1,102)|
|||(3,315)|(2,330)|(3,315)|(2,330)|
|Pension deficit|20|(549)|(549)|(549)|(549)|
|Net assets||27,835|27,761|25,527|24.569|
|Represented by||||||
|Endowed funds|17|1,448|1,502|1,448|1,502|
|Restricted funds|17|1,602|1,660|787|811|
|Unrestricted funds||||||
|Designated|17|126|125|126|125|
|Retained income|17|24,659|24,474|23,166|22,131|
|Non-charitable trading funds|17|||||
|Total Unrestricted funds||24,785|24,599|23,292|22,256|
|Total funds||27,835|27,761|25,527|24,569|





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|forthe year ended 31 Augus|t 2022|||
|---|---|---|---|
|||2022|2021|
||Notes|£‘OOO|£000|
|Net cash inflow from operating activities|22|3,689|1,895|
|Net cash outflow from investing activities|23|(1,824)|(1698)|
|Net cash inflow before financing||1,865|197|
|Net cash inflow from financing activities||1,000|500|
|Increase in cash in the year|2425|2,865|697|





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|<br>House School and third parties.<br>It donates its taxable profits to<br>31 August were:|the School. Its results fort|he year to|
|---|---|---|
||2022|2021|
||£000|£000|
|Turnover|462|40|
|Costofsales|(97)|(9)|
|Gross profit|365|31|
|Administration expenses|(3)|(5)|
|Donation to other registered charities|(5)|-|
|Profit on ordinary activities before taxation|357|26|
|Tax on profit on ordinary activities|-|-|
|Profit forthe financial year|357|26|
|Donation to Downe House School|357|26|



|Cost ofsales include £21363 (2021: £Nil) for accommodation services pro|vided by the S|chool.|
|---|---|---|
||2022|2021|
||£000|£000|
|Total assets|428|45|
|Total liabilities|(428)|(45)|
|Net assets|-|-|
|3<br>Incoming resources from school activities|||



|3<br>Incoming resources from schoo|l activities||
|---|---|---|
||2022|2021|
||£‘OOO|£000|
|Gross fees receivable|23,653|21664|
|Bursaries, grants and scholarships|(944)|(915)|
|Net fee income|22,709|20,749|
|Registration fees|100|85|
||22,809|20834|





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|4<br>Net income|!(expense) before transfers|||
|---|---|---|---|
|||2022|2021|
|||toaD|£000|
|Net income/(expense) before fransfers is stated after charging:||||
|Depreciation on owned|assets|1,435|1,384|
|Operating ease rentals|— equipment|30|27|
|Auditors remuneration||||
|- foraudit services, net|of vat (School: £33000 (2021: £28,000))|40|35|
|- vat on audit services||8|7|
|- Other assurance services||39|9|
|- Tax compliance services||9|8|
|Staff costs||||
|Wages and salaries||11,677|10,879|
|Social security costs||1,554|1,221|
|Pension contributions||1,774|1715|
|||15,005|13,815|





## 

|||2022|2021|
|---|---|---|---|
|||Number|Number|
|£60,001|- £70,000|7|8|
|£70,001|- £80,000|4|6|
|£80,001|- £90000|3|3|
|£90,001|- £100,000|1||
|£100,001|-E110,000|2|2|
|£110,001|-E120,000|||
|£260,001|- £270,000|||



## 

|5<br>Analysis of|total res|ources expe|nded|||
|---|---|---|---|---|---|
|||||Total|Total|
||Staff costs|Depreciation|Other|2022|2021|
||£000|£000|£000|£000|£000|
|Expenditure on raising ftjnds:||||||
|Trading expenditure|||105|105|14|
|Generating voluntary income|69||76|145|211|
||69|-|181|250|225|
|Expenditure on school activities||||||
|Teaching|8,437|239|1,571|10,247|9.091|
|Welfare|3,768|117|1,700|5,585|5,117|
|Premises|727|1,018|2,121|3,866|3,536|
|Support costs for schooling|2,004|61|1,128|3,193|2,654|
||14,936|1,435|6,520|22,891|20,398|
|Governance Costs|-|-|57|57|50|
|Total expenditure|15,005|1,435|6,758|23,198|20,673|





## 

## 

||2022|2021|
|---|---|---|
||£000|£000|
|Audit|48|42|
|Other|9|8|
||57|50|



## 

||2022|2021|
|---|---|---|
||£‘DOO|£000|
|Interest payable and similarcharges|||
|On bank overdraftand other borrowings|13||



## 



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|9<br>Tangible asset|s|||||
|---|---|---|---|---|---|
||Freehold|Equipment||||
||land|&|Computer|Motor||
||& buildings|furnishings|equipment|Vehicles|Total|
||£000|£000|£‘OOO|£000|£000|
|(a) Consolidated||||||
|Cost||||||
|Mat 1 September2021|38,915|9,277|2,529|233|50,954|
|Additions|1,342|299|329|13|1,983|
|Disposals|-|-|-|-|-|
|As at 31 August 2022|40,257|9,576|2,856|246|52,937|
|Accumulateddepreciation||||||
|As at 1 September 2021|10,648|8,475|2,022|177|21,322|
|Charge for year|995|210|208|22|1,435|
|Disposals|-|-|-|-|-|
|As at 31 August 2022|11,643|8,685|2,230|199|22,757|
|Net book value||||||
|As at 31 August 2022|26614|891|628|47|30,180|
|As at 31 August 2021|28,267|802|507|56|29,632|





## 

|||Freehold|Equipment||||
|---|---|---|---|---|---|---|
|||land|&|Computer|Motor||
|||& buildings|furnishings|equipment|Vehicles|Total|
|||£000|£‘OOO|£000|£‘OOO|£‘OOO|
|(b) School|||||||
|Cost|||||||
|As|at 1 September 2021|1,255|9,143|2,529|233|13,160|
||Additions|78|299|329|13|719|
||Disposals|-|-|-|||
||||||-||
|As|at 31 August 2022|1333|9,442|2858|246|13,879|
|Accumulated depreciation|||||||
|As|at 1 September 2021|130|8,341|2022|177|10,670|
||Charge foryear|28|210|208|22|468|
||Disposals|-|-|-|-||
|||||||-|
|As|at 31 August 2022|158|8,551|2230|199|11,138|
|Net book value|||||||
|As|at 31 August 2022|1,175|891|628|47|2,741|
|As|at 31 August 2021|1,125|802|501|56|2,490|





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|10<br>Investments<br>(a) consolidated|||||
|---|---|---|---|---|
||Restricted:|Expendable|||
||Appeal|Endowment:|||
||Fund|Bursary and|Designated:||
||Building<br>projects|scholarships<br>Fund|Advance<br>fees|Total|
||LOGO|£000|£‘OOO|£‘OOO|
|As at 1 September 2021|10|1,502|1,024|2.536|
|Additions||513||513|
|Disposals at opening market|||||
|value/cost||(551)|(172)|(723)|
|Revalualions||(16)||(16)|
|As at 31 August 2022|10|1,448|852|2,310|
|UK Listed securities|-|1,398|748|2,146|
|Cash and short term deposits|10|50|104|164|
||10|1,448|852|2,310|
|Historical cost|||||
|As at 31 August 2022|10|1,156|852|2,018|
|Asat3l August2021|10|1.153|1,024|2,187|
|Movement on gains|||||
|Unrealised gains at|||||
|I September2021|-|349|-|349|
|Less: Disposals in year|-|(41)|-|(41)|
||-|308|-|306|
|Revaluations in year|-|(16)|-|(16)|
|As at 31 August2022|-|292|-|292|



|The investments are included in the consolidated b|alance sheet as follows:||
|---|---|---|
||2022|2021|
||£000|£000|
|Fixed asset investments|2,146|2,207|
|Currentassetinvestments|164|329|
||2,310|2,536|





## 

|<br>(b) School||||
|---|---|---|---|
||Expendable|||
||Endowment:|||
||Bursary and|Designated:||
||scholarships|Advance||
||Fund|fees|Total|
||£000|£000|E’G00|
|As at I September 2021|1502|1,024|2,526|
|Additions|513||513|
|Dispcs&s at opening market||||
|value/cost|(551)|(172)|(723)|
|Revaluations|(16)|—|(16)|
|As at 31 August 2022|1,448|852|2,300|
|UK Listed securities|1.398|748|2,146|
|Cash and short term deposits|50|104|154|
||1,448|852|2,300|
|Historical cost||||
|As at 31 August 2022|1.156|852|2,008|
|As at 31 August 2021|1,153|1,024|2,177|
|Movement on gains||||
|Unrealised gains at||||
|1 September 2021|349|-|349|
|Less: Disposals in year|(41)|-|(41)|
||308|-|308|
|Revaluations in year|(16)|-|(16)|
|As at 31 August 2022|292|-|292|



|The investments are included in the School balan|ce sheet as follows:||
|---|---|---|
||2022|2021|
||£‘OOO|£000|
|Fixed asset investments|2,146|2,207|
|Current asset investments|154|319|
||2,300|2,526|





## 

|11<br>S|toc|ks||||||
|---|---|---|---|---|---|---|---|
||||Consolidated|||School||
||||2022|2021|2022|•|2021|
||||£000|£000|£000||£000|
|Stationery|and|consumables|20|19|20||19|



## 

|There is no significant difference bet<br>12<br>Debtors|ween the replacemen|t cost of sto|cks and the value sta|ted.|
|---|---|---|---|---|
||Consolidated||School||
||2022|2021|2022|2021|
||£000|£000|£000|£000|
|Fees|2,416|3,553|2,416|3,553|
|Sundry debtors and prepayments|147|125|137|112|
|Amounts due from sub&diary|||||
|undertakings (see below)|||37,249|37,360|
||2,563|3,678|39,802|39159|
|Fees invoiced in advance are shown within creditors (note 13) and|||amounts not received by the||
|balance sheet date shown above as|fee debtors.||||
||Consolidated||School||
|Amounts due from subsidiary|2022|2021|2022|2021|
|undertakings: (see above)|£‘OOO|£000|£000|£000|
|Due within one year|||35,363|35,494|
|Loan due after more than one|||||
|year|||1,866|1,866|
||-|-|37,249|37,360|





## 

||Consolidated||School||
|---|---|---|---|---|
||2022|2021|2022|2021|
||E’OOC|£000|£000|£000|
|Bank loans and overdrafts|-|-|-||
|||||-|
|Trade creditors|777|401|777|401|
|Concessionary loans due to|||||
|subsidiary undertakings|-|-|11733|11087|
|Taxation and social security|329|289|311|288|
|Other creditors and accruals|907|479|425|454|
|Refundable deposits|180|173|180|173|
|Fees invoiced in advance|7,611|7,501|7,611|7(501|
||9,804|8,843|21,037|19,go4|
|Advance fees (note 15)|228|175|228|175|
||10,032|9,018|21,265|20,079|



## 

|14|Final term depos|its more than on|e year||||
|---|---|---|---|---|---|---|
|||Consolidated|||School||
|||2022|2021|2022||2021|
|||£‘OOO|£000|£000||£000|
|Due|between 1 and 2 years|336|181|336||181|
|Due|in greater than 2 years|839|921|839||921|
|||1,175|1,102|1,175||1,102|





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|,  <br>in the advance fees payment scheme, payments|will be applied to offset fees as follows:||
|---|---|---|
||2022|2021|
||£000|£000|
|Consolidated and School|||
|After 5years|-|48|
|Within 2 to 5 years|412|499|
|Within ito 2 years|228|181|
||640|728|
|Within 1 year (note 13)|228|175|
||868|903|



||£000|
|---|---|
|As at 1 September 2021|903|
|New contracts|138|
|Amounts accrued to contracts|2|
|Withdrawal from fund|-|
||1,043|
|Amounts utilised in payment of fees:||
|To the School|(175)|
|As at 31 August 2022|868|





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## 

||Tangible|||||
|---|---|---|---|---|---|
||fixed||Net current|Long term||
||assets|Investments|liabilities|liabilities|Total|
||£000|£000|£000|£‘OOO|£000|
|Endowed funds|-|1,448|-|-|1448|
|Restricted funds|1,592|10|-|-|1,602|
|Unrestricted funds|28,588|852|(791)|(3,864)|24,785|
||30,180|2,310|(791)|(3,864)|27,835|



## 

||Tangible|||||
|---|---|---|---|---|---|
||fixed||Net current|Long term||
||assets|investments|assets|liabilities|Total|
||£000|£‘OOO|£000|£000|£‘OOO|
|Endowed funds|-|1A48|-|-|1,448|
|Restricted funds|787|-|-|-|787|
|Unrestricted funds|1,954|852|24,350|(3,864)|23,292|
||2741|2,300|24,350|(3,884)|25,527|





## 

|17<br>Funds<br>(a) Consolidated||||||||
|---|---|---|---|---|---|---|---|
|||Total|||||Total|
||1|September|Incoming|Resources||Investment|31 August|
|||2021|resources|expended|Transfers|loss|2022|
|||£000|£000|£000|£000|£000|£‘OOO|
|Endowed funds (expendable)||||||||
|Olive Willis Bursary and||||||||
|Scholarships fund||1,502|16|(13)||(57)|1,448|
|||1,502|16|(13)||(57)|1,448|
|Restricted funds||||||||
|Appeal funds (building||||||||
|projects)||1,444|-|(52)|(24)|-|1,368|
|Foundation||216|18|-|-|-|234|
|||1,660|18|(52)|(24)|-|1,602|
|Unrestricted funds||||||||
|Designatedfunds||||||||
|Advance fees||125|3|(2)|-|-|126|
|Non-charitable trading||||||||
|Funds||-|462|(105)|(357)|-|-|
|Other unrestricted funds||||||||
|Retained income||24,474|22,830|(23,026)|381|-|24,659|
|Total unrestricted funds||24599|23,295|(23,133)|24|-|24,785|
|Total funds||27,761|23,329|(23,198)|-|(57)|27,835|





## 

|17<br>Funds|||||||
|---|---|---|---|---|---|---|
|(1) School|||||||
||Total ‘I|||||Total 31|
||September|Incoming|Resources||Investment|August|
||2021|resources|expended|Transfers|loss|2022|
||£000|£‘OOO|£000|£‘OOO|£‘OOO|£‘OOO|
|Endowed funds|||||||
|Olive Willis Bursary and|||||||
|Scholarships fund|1,502|16|(13)|-|(57)|1,448|
||1,502|16|(13)|-|(57)|1,448|
|Restricted funds|||||||
|Appeal fund (building|||||||
|projects)|811|-|-|(24)|-|787|
||811|-|-|(24)|-|767|
|Unrestrictedfunds|||||||
|Designatedfunds|||||||
|Advance fees|125|3|(2)|-|-|126|
|Other unrestricted|||||||
|funds|||||||
|Retained|||||||
|income/(expense)|22,131|22,830|(22,104)|309|-|23166|
|Totalfunds|24,569|22849|(22,119)|285|(57)|25,527|





## 

## 

|At 31 August 2022 the School. and group, had total <br>buildings undernon-cancellable operating leases as|commitmentsfor items otherthan land an<br> follows:|d|
|---|---|---|
||2022|2021|
||£‘aOO|£000|
|Consolidated|||
|Less than one year|41|27|
|1 to 5 years|68|38|
|Greater than 5 years|-|-|
||109|65|
|School|||
|Less than one year|40|26|
|lto5years|68|38|
|Greater than 5 years|-|-|
||108|64|



## 



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||£000|
|---|---|
|Provision as at 1 September 2021|549|
|Deficit contributionmade|37|
|Increase in provision|(37)|
|Provision as at 31 August 2022|549|



## 



## 

## 

|<br>intra group adjustments.|g|ppp|
|---|---|---|
||2022|2021|
|Downe House Trust|£‘OOO|£000|
|Total incoming resources|646|647|
|Total resources expended|(1,545)|(1302)|
|Net movement in funds|(899)|(655)|
|Total assets|39,184|38,241|
|Total liabilities|(37,313)|(35,471)|
|Total funds|1,871|2,770|



||2022|2021|
|---|---|---|
|Downe House Foundation|£000|£000|
|Total incoming resources|18|82|
|Total resources expended|(3)|(5)|
|Net movement in funds|15|77|
|Total assets|445|427|
|Total liabilities|(8)|(5)|
|Total funds|437|422|





## 

## 

|22<br>Reconciliation of net income to ne<br>operating activities|t cash inflowfrom||
|---|---|---|
||2022|2021|
||£‘OOD|£000|
|Net income before transfers|74|514|
|Depreciation charges|1,435|1,384|
|Gain on disposal offixed assets||(1)|
|Losses/(gains) on investments|57|(188)|
|Interest payable|13|-|
|Investment income|(19)|(14)|
|Decrease/(Increase) in debtors|1,115|(384)|
|Increase in creditors|1,014|554|
|Net cash inflow from operating activities|3,689|1,895|



## 

|23<br>Cash flows from investing activ|ities||
|---|---|---|
||2022|2021|
||£000|£000|
|Investment income|19|14|
|Interest payable|(13)|-|
|Purchase oftangible lixed assets|(1,983)|(1,681)|
|Receipts from sale offixed assets|-|6|
|Purchase of investments|(513)|(1,091)|
|Receipts from sale of investments|666|1,034|
|Net cash {outflow)/inflow|(1,824)|(1698)|





## 

## 

||Cash at bank||
|---|---|---|
||and in hand||
||less overdraft|Total|
||£000|£000|
|Balance as|||
|at 1 September 2021|3,793|3,793|
|Cash flows|2,865|2865|
|Balance as at 31 August 2022|6,658|6,658|



## 

|||2022|2021|
|---|---|---|---|
||.|£000|£000|
|Increase in cash in the year||2,865|697|
|Movement in net funds in year||2,865|697|
|Net funds at the beginning ofthe|year|3,793|3,096|
|Net funds atthe end ofthe year||6,658|3,793|



## 

## 



## 

|28<br>Comparative State<br>ended 31 August 2021|men|t of Financial|t of Financial|activitie|s for th|e year|
|---|---|---|---|---|---|---|
|||Unrestricted funds||Restricted|Endowed|Total|
||Notes|School|Others|Funds|Funds|2021|
|||£000|£‘OOO|£000|£000|£000|
|INCOMING RESOURCES|||||||
|Donations and legacies||||82|28|110|
|Other trading activities:|||||||
|Trading income|||40||-|40|
|Premises hire|||||||
|Income from investments|||||14|14|
|Income from charitable activities:|||||||
|School activities||20,834|||-|20834|
|Other income:|||||||
|Gain on disposal ci fixedassets||1|-|—|—|I|
|Total Income and Endowments||20,635|40|82|42|20,999|
|RESOURCES EXPENDED|||||||
|Expenditure on raising funds:|||||||
|Trading expenditure|5|-|14|-|-|14|
|Generating voluntary income|5|211|-|-|-|211|
|Expenditure on charitable activities|||||||
|School activities|5|19455|819|52|12|20,398|
|Governance costs|5|44|6|-|-|50|
|Total expenditure||19,710|899|52|12|20,673|
|NET INCOME /(EXPENSES) BEFORE||1,125|(859)|30|30|328|
|(LOSSES) I GAINS ON INVESTMENTS|||||||
|Net (losses)/gains on investments||-|-|-|188|188|
|NETINCOME/(EXPENSES)BEFORE|4|1,125|(859)|30|218|514|
|TRANSFERS|||||||
|Transfers between funds|17|(227)|250|(23)|-||
|NET MOVEMENT IN FUNDS||698|(609)|7|218|514|
|Total funds brought forward|17|21,358|2,952|1,653|1284|27,247|
|TOTAL FUNDS CARRIED FORWARD|17|22,256|2,343|1660|1,502|27,781|