| Pages | 2-4 | Annual Report | ||
|---|---|---|---|---|
| Page | 5 | Independent Examiner's |
Report | |
| Page | 6 | Income &Expenditure | Account | |
| Page | 7 | Balance Sheet | ||
| Pages | 8-11 | Notes to the Financial | Statements |
| Income | Note | 2022 | 2021 | |
|---|---|---|---|---|
| K | ||||
| Covenants and Pledged |
Donations | 6,530 | 8,222 | |
| Donations | ||||
| Fundrai sing Initiatives | 24,172 | 12,760 | ||
| Foundation Stage Income |
53,748 | 68,183 | ||
| Loan Fund Interest | ||||
| 150Club | 2,575 | 2,454 | ||
| Bank Interest Received | 99 | 7 | ||
| Miscellaneous | 549 | |||
| Total Net Income | 87,673 | 91,626 | ||
| Expenditure | ||||
| Salaries | 66,548 | 67,334 | ||
| Sports Activities | ||||
| Consumables | 903 | 946 | ||
| Educational Spending/ |
Trips | 2,265 | 639 | |
| Establishment | 7,920 | 5,444 | ||
| Maintenance | 330 | 2,628 | ||
| Other | 1,521 | 1,761 | ||
| Building refunds | ||||
| Depreciation | 36,836 | 52,993 | ||
| Total Expenditure | 116,323 | 131,745 | ||
| Net Surplus / (Deficit |
)for the Year | (28,650) | (40,119) |
| Re tered C |
Re tered C |
Re tered C |
hari 1034412 |
hari 1034412 |
||||
|---|---|---|---|---|---|---|---|---|
| BALANCE SHEET | 31"AUGUST 2022 | |||||||
| Note | 2022 | 2021 | ||||||
| g | ||||||||
| Fixed Assets | 2 | |||||||
| Freehold property | 607,178 | 635,841 | ||||||
| Furniture and Equipment |
3,847 | 2,475 | ||||||
| Assets in Construction | (AICC) | |||||||
| 611,025 | 638,316 | |||||||
| Current Assets | ||||||||
| Debtors &prepayments | 6 | 1,534 | 4,791 | |||||
| Cash at bank &in | hand | 152,065 | 149,741 | |||||
| 153,599 | 154,532 | |||||||
| Current Liabilities | ||||||||
| Creditors &accrued expenses | 7 | (1,872) | (1,446) | |||||
| (1,872) | (1,446) | |||||||
| Net Current Assets/ (Liabilities) | 151,727 | 153,086 | ||||||
| Long Term Liabilities | ||||||||
| Total Net Assets | / (Liabilities) | 6762 | 762 | F791402 | ||||
| Represented By: |
||||||||
| Capital Reserves | 531,028 | 559,678 | ||||||
| Freehold Property Reserve | 213,857 | 213,857 | ||||||
| PPE Reserve | 17,867 | 17,867 | ||||||
| F762 752 | f791402 |
| Freehold | Furniture 4 | |||
|---|---|---|---|---|
| Property | Equipment | AICC | Total | |
| Cost | ||||
| At 1.9.21 | 837,203 | 32,098 | 869,301 | |
| Additions | 7,815 | 1,730 | 9,545 | |
| Disposal s/Transfers | ||||
| At 31.8.22 | 845,018 | 33,828 | 878,846 | |
| Depreciation | ||||
| At 1.9.21 | 201,362 | 29,623 | 230,985 | |
| Charge for year | 36,148 | 688 | 36,836 | |
| At 31.8.22 | 237,510 | 30,311 | - | 267,821 |
| Written Down | ||||
| Value | ||||
| At 31.8.22 | 607,508 | 3,517 | - | 611,025 |
| At 31.8.21 | 635,841 | 2,475 | 638,316 |
| 8.CAPITAL RESERVES | 2022 | 2021 |
|---|---|---|
| I: | ||
| Balance at 1st September 2019 | 559,678 | 599,797 |
| Surplus (Deficit) for the year | (28,650) | (40,119) |
| Balance at 31"August 2020 | 531,028 | 559,678 |