##
||||Page|
|---|---|---|---|
|Reference and Administrative||Details ofthe Charity, its Trustees and Advisers||
|Trustees' Report|||2-10|
|Independent
Auditors'|Report|on the Financial Statements|11-15|
|Statement ofFinancial|Activities||16|
|Balance Sheet|||17 - 18|
|Statement ofCash Flows|||19|
|Notes to ths Financial|Statements||20-37|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2022|2022|2022|2021|
||||Note|||||
|Income from:||||||||
|Donaticns
and legacies||||2,140|23,264|25,404|48,890|
|Charitable
activities||||2,469,767||2,469,767|2,334,126|
|Investments||||1,392||1,392|2,013|
|Other income||||61,325|1,306|62,63'I|33,398|
|Total income||||2,534,624|24,570|2,559,194|2,418,427|
|Expenditure
on:||||||||
|Raising funds|||7|16,283||16,283|18,131 .|
|Charitable
activities||||2,539,530|20,381|2,559,911|2,433,910|
|Other expenditure|||8|184||184|479|
|Total expenditure||||2,555,997|20,381|2,576,378|2,452,520|
|Net incomei (expenditure)||||(21,373)|4,189|(17,184)|(34,093)|
|Transfers
between|funds||18|15,497|(15,497)|||
|Net movement
in funds before other||||||||
|recognised
gains||||(5,876)|(11,308)|(17,184)|(34,093)|
|Other recognised|gains:|||||||
|Gains on revaluation||of investment||||||
|property|||||||40,000|
|Net movement
in funds||||(5,876)|(11,308)|(17,184)|5,907|
|Reconciliation
offunds:||||||||
|Total funds brought||forward||1,032,370|12,215|1,044,585|1,038,678|
|Net movement
in funds||||(5,876)|(11,308)|(17,184)|5,907|
|Total funds carried||forward||1,026,494|907|1,027,401|1,044,585|
##
##
||||Note||2022f||2021f|
|---|---|---|---|---|---|---|---|
|Fixed assets||||||||
|Tangible assets|||13||108,159||104,833|
|Investment
property|||14||640,000||640,000|
||||||748,159||744,833|
|Current assets||||||||
|Debtors|||15|813,019||722,896||
|Cash at bank and|in hand|||599,737||532,515||
|||||1,412,756||1,255,411||
|Creditors: amounts|falling due within one|||||||
|year|||16|(1,098,514)||(905,659)||
|Net current assets|||||314,242||349,752|
|Total assets less|current liabilities||||1,062,401||1,094,585|
|Provisions
for liabilities|||17||(35,DDD)||(50,000)|
|Net assets excluding||pension asset|||1,027,401||1,044,585|
|Total net assets|||||1,027,401||1,044,585|
|Charity funds||||||||
|Restricted
funds|||18||907||12,215|
|Unrestricted
funds|||18||1,026,494||1,032,370|
|Total funds|||||1,027,401||1,044,585|
##
##
##
|||||2022|2021|
|---|---|---|---|---|---|
||||Note|||
|Cash flows from operating|activities|||||
|Net cash used
in operating|actiwiies||20|96,722|(68,925)|
|Cash flows from investing|activities|||||
|Purchase
oftangible fixed assets||||(30,708)|(34,854)|
|Interest received||||1,392|2,013|
|Net cash used
in investing|activities|||(29,316)|(32,841)|
|Cash flows frere financing|activities|||||
|Interest paid||||(184)|(479)|
|Net cash used in financing|activities|||(184)|(479)|
|Change
in cash and cash|equivalents
in|the year||67,222|(102,245)|
|Cash and cash equivalents|at the beginning|of the year||532,515|634,760|
|Cash and cash equivalents|at the end of|the year|21|599,737|532,515|
|The notes on pages 20 lo 37form part ofthese financial statements||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2022f|2022f|2022f|2021f|
|Donations|||2,140|7,143|9,283|190|
|Grants||||16,121|16,121|22,430|
|Government|grants|—Furlough||||26,270|
||||2,140|23,264|25,404|48,890|
|Total 2021|||26,460|22A30|48,890||
##
||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022|2022|2021|
||||||r|
||Standard
college fees||1,850,874|1,850,874|1,724,203|
||Less bursaries||(135,986)|(135,986)|(129,749)|
||Less discounts||(4,653)|(4,653)|(6,488)|
||Registration|fees|2,800|2,800|2,400|
||Disbursements||37,655|37,655|16,113|
||Extra tuition||719,077|719,077|727,647|
||||2,469,767|2,469,767|2,334,126|
||Total 202'I||2,334,126|2,334,126||
|5.|Investment|income||||
||||Unrestricted|Total|Total|
||||funds|funds|funds|
||||2022f|2022f|2021f|
||Investment|income|1,392|1,392|2,013|
||Total 2021||2,013|2,013||
##
##
##
||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2022f|2022f|2022f|2021f|
|Fundraising|activities|||1,306|1,306|1,090|
|Other operating||income|61,325||61,325|32,308|
||||61,325|1,306|62,631|33,398|
|Total 2021|||32,308|1,090|33,398||
##
##
||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022f|2022f|2021|
|Advertising|and|publicity|16,283|16,283|18,131|
|Toial2021|||18,131|18,131||
##
||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||2022f|2022f|2021f|
|Bank||charges|and|interest||184|479|
|Tots|I|2021|||479|479||
##
##
|||||Activities||||
|---|---|---|---|---|---|---|---|
|||||undertaken|Support|Total|Total|
|||||directly|costs|funds|funds|
|||||2022
F|2022f|2022f|2021
5|
|Total activities||||1,596,095|963,815|2,569,911|2,433,910|
|Total 2021||||1,586,763|847,147|2,433,910||
|Analysis ofdirect costs||||||||
|||||||Total|Total|
||||||Activities|funds|funds|
||||||2022|2022|2021f|
|Teaching and|SEN salaries||||1,473,054|1,473,054|1,482,106|
|Books, materials||and|sundries||90,203|90,203|77,117|
|Photocopier,|teaching||aids and courses||32,838|32,938|27,540|
||||||1,596,095|1,596,095|1,586,763|
|Tots I2021|||||1,586,763|1,566,763||
##
##
|||||||Total|Total|
|---|---|---|---|---|---|---|---|
||||||Activities|funds|funds|
||||||2022|2022f|2021f|
|Rent|||||40,731|40,731|40,535|
|Rates|||||14,759|14,759|21,662|
|Light and heat|||||65,149|65,149|43,135|
|insurance|||||28,911|28,911|29,581|
|Maintenance
and improvements|||||129,791|129,791|134,287|
|Maintenance
staff salaries|||||79,587|79,587|67,855|
|Matron and housekeeping|||salaries||146,062|146,062|127,307|
|Catering
salaries|||||113,782|113,782|105,330|
|Catering costs|general||||54,516|54,516|35,656|
|I-laucahald
and|modiaal|costa|||10,057|10,057|18,207|
|Administration|and management|||salaries|156,564|156,564|124,249|
|Telephone,
postage and|||stationery||7,424|7,424|7,332|
|Travel and subsistence|||||5,169|5,169|1,863|
|Minibus lease|||||6,609|6,609|6,134|
|Computer
maintenance||and trainmg|||14,044|14,044|14,060|
|Disbursement|expenditure||||16,780|16.780|9,016|
|Depreciation|||||27,382|27,382|23,281|
|Pupil premium|expenditure||||5,061|5,061|8,152|
|Audit and accountancy|||||12,102|12,102|9,870|
|Subscriptians,|danations||and sundries||20,336|20,336|19,209|
|(Profit)/ loss on disposal|||offixed|assets|||426|
||||||963,816|963,816|847,147|
|Total 2021|||||847, 147|847,147||
##
##
##
|to the Financial Statements
e Year Ended 31August
2022
Staff costs|||
|---|---|---|
||2022|2021|
|Wages and salaries|1,669,321|1,627,947|
|Social security costs|136,989|1'I1,940|
|Pension costs|162,739|166,960|
||1,969,049|1,906,847|
||2022|2021|
|---|---|---|
||No.|No.|
|Academic|49|47|
|Administration|5|5|
|Matron and Household|8|8|
|Catering||5|
|Maintenance||4|
||71|69|
|2022|2021|
|---|---|
|No.|No.|
##
##
##
##
||Long-term|||
|---|---|---|---|
||leasehold|Fixtures and||
||property|fittings|Total|
||8|||
|Cost or valuation||||
|At 1 September 2021|28,722|213,970|242,692|
|Additions||30,708|30,708|
|Disposals||(23,550)|(23,550)|
|At 31 August 2022|28,722|221,128|249,850|
|Depreciation||||
|At 1 September 2021|18,952|118,907|137,859|
|Charge for the year|2,873|24,509|27,382|
|On disposais||(23,550)|(23,550)|
|At 31 August 2022|21,825|119,866|141,691|
|Net book value||||
|At 31 August 2022|6,897|101,262|108,159|
|At 31 August 2021|9,770|95,063|104,833|
|Fort|he Year Ende|d 31August
2D22||||
|---|---|---|---|---|---|
|14.|Investment|property||||
||||||Freehold|
||||||investment|
||||||properly|
||Valuation|||||
||At I September 2021||||640,000|
||At 31 August|2022|||640,DDD|
||The histarical|cast of the mvestmeni|property|isf132,750.||
##
|||||2022|2021|
|---|---|---|---|---|---|
||||||6|
|Due within one year||||||
|College fees receivable|-re summer|and previous|terms|22,803|19,480|
|College fees receivable|-re autumn|term||782,798|694,991|
|Prepayments
and accrued incame||||7,418|8,425|
|||||813,019|722,896|
##
##
##
##
##
|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||F||
|Trade creditors||||||27,683|25,523|
|Other taxation and||social||security||31,373|34,097|
|Other creditors||||||62,767|60,138|
|Accruals|and deferred||income|||976,691|785,901|
|||||||1,098,514|905,659|
|||||||2022f|2021|
|Deferred|income at 1 September||||2021|768,046|763,810|
|Resources deferred||during||the year||944,286|788,046|
|Amounts|released|from prewcus|||penods|(768,046)|(763,810)|
|||||||944,266|768,046|
##
|||Provisionf|
|---|---|---|
|At 1 September 2021||50,000|
|Amounts|used|(15,000)|
|||35,000|
##
##
|Stateme|nt offunds
-|cur|rent y|ear|||||
|---|---|---|---|---|---|---|---|---|
|||||Balance at 1||||Balance at|
|||||September|||Transfers|31 August|
|||||2021f|Income
f|Expenditure|in/out
f|2022|
|Unrestricted
funds|||||||||
|General|Funds|||516,120|2,534,624|(2,555,997)|15,497|510,244|
|Revaluation
reserve||||516,250||||516,250|
|||||1,032,370|2,534,624|(2,555,997)|15,497|1,026,494|
|Restricted funds|||||||||
|Parent Teachers Association|||||||||
|Fund||||4,627||(4,627)|||
|To Dare|Trophy Award|Fund||907||||907|
|Electric Car Fund||||2,244|650|(2,894)|||
|Grants||||1,557|16,121|(5,061)|(12,617)||
|Parents|Donation|||2,880|6,799|(6,799)|(2,880)||
|The lan|Askew Charitable||Trust||1,000|(1,000)|||
|||||12,215|24,570|(20,381)|(15,497)|907|
|Total of|funds|||1,044,585|2,559,194|(2,576,378)||1,027,401|
##
##
##
##
##
|Statemen|t offun|ds|- prior year||||||
|---|---|---|---|---|---|---|---|---|
||||Balance at|||||Balance at|
|||1|September|||Transfers|Gains!|31 August|
||||2020|Income|Expenditure|in/out|(Losses)|2021|
||||E|6|E||||
|Unrestricted|||||||||
|funds|||||||||
|General|Funds-||||||||
|all funds|||552,150|2,394,907|(2,443,658)|12,721||516,120|
|Revaluation|||||||||
|reserve|||476,250||||40,000|516,250|
||||1,028,400|2,394,907|(2,443,658)|12,721|40,000|1,032,370|
|Restricted|||||||||
|funds|||||||||
|Parent Teachers|||||||||
|Association|||||||||
|Fund|||3,537|1,090||||4,627|
|To Dare|Trophy||||||||
|Award|Fund||907|||||907|
|Electric Car|||||||||
|Fund|||2,954||(710)|||2,244|
|Grants||||22,430|(8,152)|(12,721)||1,557|
|Parents|||||||||
|Donation|||2,880|||||2,880|
||||10,276|23,520|(8,862)|(12,721)||12,215|
|Total of|funds||1,038.678|2,418,427|(2,452,520)||40,000|1,044,585|
##
##
##
|Analysis||ofnet assets|between funds - current|year|||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||2022|2022|2022|
|Tangible|fixed assets|||108,159||108,159|
|Investment||property||640,000||640,000|
|Current assets||||1,411,849|907|1,412,756|
|Creditors||due within one year||(1,098,514)||(1,098,514)|
|Provisions||for liabilities|and charges|(35,000)||(35,000)|
|Total||||1,026,494|907|1,027,401|
##
|Analysis|of net assets|between funds - prior year||||
|---|---|---|---|---|---|
||||L!nrestricted|Restricted|Total|
||||funds|funds|funds|
||||2021f|2021f|2021|
|Tangible
fixed assets|||104,833||104,833|
|Investment|property||640,000||640,000|
|Current assets|||1,243,196|12,215|1,255,411|
|Creditors|due within one year||(905,659)||(905,659)|
|Provisions|for liabilities|and charges|(50,000)||(50,000)|
|Total|||1,032,370|12,215|1,044,585|
##
##
|||||||2022f|2021
6|
|---|---|---|---|---|---|---|---|
|Net expenditure
for the year||(as per Statement||of Financial|Activities)|(17,184)|(34,093)|
|Adjustments
for:||||||||
|Depreciation
charges||||||27,382|23,281|
|Loss on the sale offixed assets|||||||426|
|(Increase)/ decrease|in debtors|||||(107,978)|(2,657)|
|Increase/ (decrease)|in creditors|||||210,710|(44,348)|
|Interest received||||||(1,392)|(2,013)|
|Interest paid||||||184|479|
|Increase
in provisions||||||(15,000)|(10,000)|
|Net cash provided|by/(used|in) operating|activities|||96,722|(68,925)|
|||2022|2021|
|---|---|---|---|
|||9|f|
|Cash|in hand|599,737|532,515|
|Total|cash and cash equivalents|599,737|532,515|
##
|||||||At 1|||
|---|---|---|---|---|---|---|---|---|
|||||||September||At 31|
|||||||2021|Cash flows|August 2022|
|||||||6||8|
|Cash|at|bank|and|in|hand|532,515|67,222|599,737|
|||||||532,515|67,222|599,737|
##
##
##
##
##
##
|At 31 Aug
cancellable|ust
2022 the charity
had commitments
to make
fu
operating
leases as follows:|ture
minimum
lease payments|under
non-|
|---|---|---|---|
|||2022f|2021f|
|Not later than
1 year||65,774|72,455|
|Later than|1 year and not later than 5years|167,180|190,633|
|Later than|5years|26,814|67,768|
|||259,768|330,656|
||||2022f|2021|
|---|---|---|---|---|
|Operatkig|lease|ieiiluls|75,752|77,331|
##