2023-08-31-accounts

Governors	Governors		Mr D ASlee	Chairman	ofBoard of	ofBoard of	ofBoard of	Governors,	Governors,	Governors,	Member of	Member of	Member of
				F&GP Committee,			H&S Committee,					Cumcuium		& Stafllng
				Committee,		Nominations			Committee,			Governance		Committee
			Mr SJ D Lawrence	Chairman	ofF&GP Committee
			Mrs JAAughwsne	Member of		Curriculum		&	Staffing		Committee,
				Nominations		Committee,			Governance				Committee
			Mrs LJ Davis
			Mr N Dingemans	Member of		F&GP	Committee
			Mrs C Thomasin-Foster
			Mrs RAllison	Member of		Curriculum		&	Staffing		Committee
			Rev P Dyson
			Mrs P Bsztlnton	(appointed		25 January		2023k Member					ofCurrkulum		&
				Staffing Commitlee
Secretary			Mrs N Malby
Senior	Lssdehip		Mrs SVtahodimou	Headteacher
Team			Mrs N Mslby	Bursar/Clerk		to the Governors
			Ms ECoffey	Assistant	Head - Pastoral
			Mrs TMiles	Assistant	Weed - Curriculum					8 Staffing
			Mr A Sharps	SENCo
Charity	number		1028125
Company		number	02823749
Registered		office	Sllndon House
			Top Road
			Slindon
			Arundel
			West Sussex
			BN18 ORH
Auditor			Knltt James LLP
			One Bell Lane
			Lswes
			East Sussex
			BN7 tJU
Bankers			Lloyds
			33-37High Street
			Bcgnor Regis
			PO21 1RS

		Page
Governors' report		1-9
Independentaudhor's	report	10 - 12
Statement offinancial	activities	13
Balance sheet		14
Statement ofcash flows		15
Notes to the finandal	statements	16-31

			Unrestricted	Restricted	Total	Unrestdcted	Restricted	Total
			funds	funds		funds	funds
			2023	2023	2023	2022	2022	2022
		Notes	f.		f	6	6
Income from:
Donations and legacies Charitable activities		3 4	28,354 2,945,779	6,711	35,065 2,945,779	2,140 '2,469,767	23,264	26,404 2,469,767
Other trading activities		5	52,460	1,450	53,910	61,325	1,306	62,631
Investments		6	4,305		4,305	1,392		1,392
Total Income			3,030,898	8,161	3,039,059	2,534,824	24,570	2,559,194
Expenditure on:
Raising funds		7	19,597		19,597	16,283		16,283
Chantabie activities		8	2,793,814	2,600	2,796,414	2539,530	20,381	2,559,911
Otherexpendlture		13	4,473		4,473	184		164
Total expenditure			2,817,864	2,600	2,620,484	2,555,997	20,381	2,576,378
Net Income/(expenditure)			213,014	5,561	218,575	(21.,373)	4,189	(17,184)
Transfers between
funds			3,930	(3,930)		15,497	(15,497)
Net movement	In
funds			216,944	1,631	218,575	(5,876)	(11,308)	(17,184)
Reconciliation	offunds:
Fund balances 2022	at 1 September		1,02B,494	907	'I.027,401	1.032,370	12,215	1,044,585
Fund balances 2023	at 31August		1,243,438	2,568	1,245,976	1,026,494	907	1,027,401

						2023		2022
					Notes	6
Fixed assets
Tangible assets					15		134,549		108,159
Investment	property				16		640,000		840,000
							774,549		748,159
Currant assets
Debtors					17	225,656'		813,019
Cash at bank end in		hand				1,405,190		599,737
						1,630,846		1,4'I 2,756
Creditors:	amounts	fatting		due within	18
onsyear						1,159,419		1,098,514
Net current	assets						471,427		314,242
Total assets less current			liabilities				1,245,976		1,062,401
Provisions	for ttabtttdes				19				(35,000)
Net assets							1,245,976		1,027,401
The funds	ofthe charitable			company
Restricted	Income funds				22		2,538		907
Unrestricted	funds						1,243,438		1,026,494
							1,245,976		1,027,401

					2023		2022
				Notes
Cash flows frais operating			activities
Cash generated		from operagons		27		856,312		96,538
Investing	actMtles
Purchase	oftangible fixed assets				(55,164)		(30,708)
Investment	income received				4,305		1,392
Nst cash	used	in investing	activities			(50,859)		(29,316)
Net cash	used	Ih financing	activities
Net increase In		cash and cash equivalents				005,453		67,222
Cash and	cash	equivalents	at beginning	ofyear		599,737		532,515
Cash and	cash	equivalents	at end of	year		1,405.190		599,737

	Unrestricted	Unrestricted
	funds	funds
	2023	2022
College fees	2,200,807	1,850,874
Bursadss	(113,860)	(135,986)
Discounts	(7,451)	(4,653)
Registration fees	2,000	2,800
Disbursements	58,611	37,655
Extra tuition	807,672	719,077
	2,945,779	2,469,767

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2023 f	2023	2023f	2D22	2022f	2022
Fundralslng	events	2,790	1,450	4,240		1,306	1,306
Other income		49,870		49,670	6'i,325		61,325
Other trading	activities	52,460	1,450	53,910	61,325	1,306	62,631

Fundralslng	and	publicity
Advertising

Unrestricted	Unrestricted
funds	funds
2023	2022
f	f
4,305	1,392
Unrestr! cted	Unrestricted
funds	funds
ZD23	2022
f	f
19,597	16,283

				Charitable	Charitable
				activities	activities
				2023	2022
				6
Direct costa
Staff costs				1,566,887	1,473,054
Salaries and		other	staff costs	20,296	29,445
Printing, postage and stationery				48,792	39,950
Licenses				1,217	898
Staff training				12,218	12,774
Computer	casts			9,073	3,374
Exam fees				12,604	8,401
Awards				773	768
Legal fees				21,531	13.367
Acdvltfes				18,408	11,133
Bad debts				15,711	37
Other				1,000	2,894
				1,726,510	1.596,095
Share ofsupport			and governance costs (see note 9I
Sup part				1,069,904	963,816
				2,79B,414	2,559,9'I'i
Analysis	by	fund
Unrestricted		funds		2,793,814	2,539,530
ftestrtcted	funds			2,600	20,381
				2 796414	2 559 911

9	Supgort costs allocate	d	to	ac	tivities
						2023	2022
							8
	Depreciation					24,567	27,382
	Rent					42,075	40,731
	Rates					16,564	14,759
	tjght and heat					96,680	65,149
	Insurance					25.864	28.911
	Maintenance and Improvements					174,019	129,791
	Maintenance staff salaries					77,182	79,587
	Matron and housekeeping		salaries			'I45,534	146,062
	Catering sahrtes					108,855	113,782
	Catering ocsls general					60,141	54,516
	Household and medical	costs				19,616	19,057
	Administration and management				salaries	159,253	156,564
	Telephone, postage and		stationery			12,286	7,424
	Travel and subsistence					4,966	5,169
	Minibus lease					6,328	6,609
	Computer maintenance	and		treining		14,457	14,044
	Disbursement expenditure Pupil Premium~re					25,118 22.549	16,780 5.061
	Audit end accountancy					10,660	12,'l02
	Subscdptlons, donations		and	sundries		23,'I90	20,336
						1,069,904	963,816
	Analysed between:
	Charitable acdvlties					1,069,904	963,816
10	Auditor's remuneration
	Fees payable to the charity's			auditor and associates:			2022
							6
	For audit services
	Audit ofthe flnandal statements				ofthe charily	10,380	10,815
	FOI Other asrvloea
	All other non-auditservlces						1,287

		2023	2022
		Number	Number
Academic		47	49
Administration		5	5
Matron and Household			8
Catering Maintenance		5 4	5 4
Total			71
Employment	costs	2023	2D22
			8
Wages and salaries Social secunty costs		1,746,331 141,187	1,669,321 136,989
Cther pension	costs	164,978	162,739
		2,052,496	1,969,049

The number oferppyyee	The number oferppyyee	whose annual	whose annual	cemuneration	cemuneration	was more than F60,000
isas follows:
860,001-270,000
&100,001-8110,000
Remuneration of	key rnenagereent		personnel
The remuneration	of-key	management	personnel		is as	follows,

isas follows:
						2023	2D22
						Number	Number
860,001-270,000
&100,001-8110,00	0
Remuneration of	key rnenagereent		personnel
The remuneration	of-key	management	personnel	is as	follows,
						2023f	2022 8
Aggregate compensation						333,628	276,284

	Unrestricted	Unrestricted
	funds	funds
	2023	2022f
Net loss on disposal of tangible gxed assets	4,207
Bank charges	266	184
	4,473	184

Tsngitda fixe	d asset	s
			Leasehold	Fixtures and	Total
			Isnd and	fittings
			buildings
			8
Cost
At 1 September 2022			28,722	221,128	249,850
Additions			22,980	32,184	55,164
Dlsposals				(42,479)	(42,479)
At 31Augusl2023			51,702	210,833	262,535
Depreciation	and Impairment
At 1 September 2022			21,826	119,866	141,691
Depredation	charged	in the year	2,408	22,159	24,567
Eliminated In	respect	ofdisposals		(38,272)	(38,272)
At31 August	2023		24,233	103,753	127,966
Carrying amount
At 31August	2023		27,469	107,080	134,549
Ai 31August	2022		6,897	101,262	108,159

17	Debtors
	Arnounls falgng due	within one yean		2023	2022f
	Trade debtors			202,534	805,601
	Other debtors			15,913
	Prepaymenis and accrued income			7,209	7,418
				225,656	813,019
16	Creditors: amounts	falling due within one year
				2023	2022
			Notes	6	6
	Other ta)ration and sodel security			32,358	3'I,373
	Deferred income		20	982;600	944,266
	Trade creditors			63,639	27,683
	Other creditors			56,692	62,767
	Accruals and deferred	income		24,130	32,425
				1,159,419	1,098,514
19	Provisions for liabilities			2023
				6
	Repairs provision				35,000
					35,000
	At 1 September 2022				35,000
	RCversal ofprovision				(35,000)
	At 31August 2023

FO	R THE YFAR EAIDED 3	1	AUGU	ST 202	3
									(Continued)
19	Provisions for Babllltles							2023	2022
	The provision relates to the	identified		premises	repair		obligation	under the terms of the college's lease. We
	have deemed that no amounts		need to	be provided		for	and have therefore been released in full In the year.
20	Deferred income
									2022
									6
	Fess in advance							982,600	944,2B6
	Deferred Income is Included	In	the financlal statements				as follows:
	Deferred income is included	within:
	Culvert liabilities							982,600
	Movements in the year:
	Deferred income at 1 September 2022							944,266	768,048
	Released from previous periods							(944,266)	(788,046)
	Resources deferred In the year							982,600	944,26B
	Deferred Income at 31August 2023							982,600	944266

				At 1	incoming	Resources	Transfers	At 31August
				September	resources	expended		2023
				2022
				6
Parent Teachers Association
Fund					1,450	(1,450)
To Dare	Trophy Award			907		(50)
Electric	Car Fund					(1,000)	(3,930)
Believe,	tnspile, Succeed
Award					500	(100)		400
Sensory	Room Fund				1,281			1,281
					8,161	(2;600)	(3,930)	2,538
Previous year:				At 1	incoming	Resources	Transfers	At 31August
				September	resources	expended		2022
				2021
				2	9
Parent Teachers Assocladon
Fund				4,627		(4,627)
To Dare	Trophy Award	Fund		907				907
Etectrfc	Car Fund			2,244	650	(2,894)
Grants				I,567	16,121	(5,061)	(12,617)
Parents	Donation			2,680	6,799	(6,799)	(2,880)
The lan	Askew Charitable		Trust		1,000	(1,000)
				12,215	24,570	(20,381)	(15,497)	907

			Unrestricted	Resb ictsd	Total
			funds	funds
			2D23	2D23	2023
					6
Fund balances at 31August 2025 are represented		by:
Tangible assets			134,549		134,549
Investment	properties		640,000		640,000
Current assetsi(liabilities)			468,889	2,538	471,427
			1,243,438	2,538	1,245,976
			Unrestricted	Restricted	Tufa l
			funds	funds
			2022	2022	2022
				6
Fund balances af 31August 2022 ars represented		by:
Tangible assets			108,159		108,159
Investmsnt	properties		640,000		640,000
Current assets/(liabieties)			313,335		314242
Provisions			(35,000)		(35,000)
			1,026,494	907	1,027,401

	2023
Within one year	55,139	65,774
6etween two and five years	190,103	167,180
In over five years	2,360	26,814
	247,602	259,768

	, the year end was ENII (	2022 - ENil).
27	Cash generated from	operations		2023	2022
				E
	Surplus/(deficit) for ths	year		218,575	(17,184)
	Adjustments Icn
	Investment Income recognised in statement		ofgnanclatactivides	(4,305)	(1,392)
	Loss on disposal cftangible fixed assets Depreciaiion end impairment oftangible 6xed assets			4,207 24,587	27,382
	Movemenia In worklrig	capital:
	Decrease/(increase) in	debtors		587,363	(90,'I 23)
	Increase in creditors			22,571	M,635
	Increase in provisions			(35,000)	(15,000)
	Increase In deferred Income				176,220
	Cash gerwrated from	operations		856,312
28	Analysis ofchanges	in net funda