| Pages | 2-4 | Annual Report | |||
|---|---|---|---|---|---|
| Page | 5 | Independent Examiner's |
Report | ||
| Page | 6 | Income &,Expenditure | Account | ||
| Page | 7 | Balance Sheet | |||
| Pages | g-l | I | Notes to the Financial | Statements |
| Income | Note | 2023 | 2022 | |
|---|---|---|---|---|
| Covenants and Pledged |
Donations | 6,970 | 6,530 | |
| Donations | ||||
| Fundraising Initiatives |
23,767 | 24,172 | ||
| Foundation Stage Income |
56,952 | 53,748 | ||
| Loan Fund Interest | ||||
| 150Club | 2,280 | 2,575 | ||
| Bank Interest Received | 4 | 99 | ||
| Miscellaneous | 497 | 549 | ||
| Total Net Income | 90,470 | 87,763 | ||
| Expenditure | ||||
| Salaries | 72,081 | 66,548 | ||
| Sports Activities | ||||
| Consumables | 1,381 | 903 | ||
| Educational Spending/ |
Trips | 1,822 | 2,265 | |
| Establishment | 9,190 | 7,920 | ||
| Maintenance | 2,276 | 330 | ||
| Other | 2,647 | 1,521 | ||
| Charitable Disbursements |
12,650 | |||
| Depreciation | 35,940 | 36,836 | ||
| Total Expenditure | 137,987 | 116,323 | ||
| Net Surplus / (Deficit |
)for the Year | (47,517) | (28,650) |
| Re stered C |
Re stered C |
Re stered C |
hari 1034412 |
hari 1034412 |
hari 1034412 |
||||
|---|---|---|---|---|---|---|---|---|---|
| BALANCE SHEET | 31"AUGUST 2023 | ||||||||
| Note | 2023 | 2022 | |||||||
| Fixed Assets | 2 | ||||||||
| Freehold property | 572,245 | 607,178 | |||||||
| Furniture and Equipment |
4,568 | 3,847 | |||||||
| Assets in Construction | (AICC) | ||||||||
| 576,813 | 611,025 | ||||||||
| Current Assets | |||||||||
| Debtors &prepayments Cash at bank &in hand |
6 | 1,165 141,604 |
1,534 152,065 |
||||||
| 142,769 | 153,599 | ||||||||
| Current Liabilities | |||||||||
| Creditors &accrued expenses | 7 | (4,347) | (1,872) | ||||||
| (4,347) | (1,872) | ||||||||
| Net Current Assets/ (Liabilities) | 138,422 | 151,727 | |||||||
| Long Term Liabilities | |||||||||
| Total Net Assets / (Liabilities) | 5735 235 | K762 752 | |||||||
| Represented By: | |||||||||
| Capital Reserves | 483,511 | 531,028 | |||||||
| Freehold Property Reserve | 213,857 | 213,857 | |||||||
| PPE Reserve | 17,867 | 17,867 | |||||||
| 8715235 | f762 752 | ||||||||
| These financial statements |
were approved by the Trustees Chairman ofTrustees |
on | Date | Treasurer |
| Freehold | Furniture | th | |||
|---|---|---|---|---|---|
| Property | Equipment | AICC | Total | ||
| Cost | |||||
| At 1.9.22 | 845,018 | 33,828 | 878,846 | ||
| Additions | 1,728 | 1,728 | |||
| Disposals/Transfers | |||||
| At 31.8.23 | 845,018 | 35,556 | 880,574 | ||
| Depreciation | |||||
| At 1.9.22 | 237,510 | 30,311 | 267,821 | ||
| Charge for year | 35,263 | 677 | 35,940 | ||
| At 31.8.23 | 272,773 | 30,988 | - | 303,761 | |
| Written Down | |||||
| Value | |||||
| At 31.8.23 | 572,245 | 4,568 | 576,813 | ||
| At 31.8.22 | 607,508 | 3,517 | - | 611,025 |
| 8.CAPITAL RESERVES | 2023 | 2022 |
|---|---|---|
| Balance at 1stSeptember 2022 | 531,028 | 559,678 |
| Surplus (Deficit) for the year | (47,517) | (28,650) |
| Balance at31"August 2023 | 483,511 | 531,028 |