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|Report ofthe Trustees|1|to|12|
|Report ofthe Independent
Auditors|13|to|15|
|Statement ofFinancial Activities||16||
|Statement ofFinancial Position|17|to|18|
|Statement ofCash Flows||19||
|Notes to the Statement ofCash Flows||20||
|Notes to the Financial Statements|21|to|32|
|Detailed Statement ofFinancial Activities|33|to|34|
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|Sincerity|Patience|Generosity|Etiquette s|
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|Sincerity|Honesty|Resilience|Etiquettes|
|Sincerity|Empathy|Courage|Etiquette s|
|Sincerity|Gratitude|Creativity|Etiquettes|
|Sincerity|Taking Ownership|Communicator|Etiquette s|
|Sincerity|Modesty|Respect|Etiquettes|
|Sincerity|Visionary|Contributor|Etiquettes|
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|FOR|THE PERIOD 1S|EPTE|MBER2021T|O31DEC|EMBER2022||
|---|---|---|---|---|---|---|
||||||Period||
||||||1/9/21||
||||||to|Year Ended|
||||||31/12/22|31/8/21|
||||Unrestricted|Restricted|Total|Total|
||||fund|fund|funds|funds|
|||Notes|||8||
|INCOME FROM|||||||
|Donations||2|280,017||280,017|211,156|
|Charitable
activities|||||||
|Education||5|275,155||275,155|315,732|
|Other Charitable
Activities||3|25,605||25,605|21,340|
|Investment
income
Gain on Sale ofFixed|Asset|4
9|238,501
2,484 643||238,501
2 484 643|210,194|
|Total|||3,303921||3403,921|758422|
|EXPENDITURE ON|||||||
|Raising funds||6|101,451||101,451|59,795|
|Charitable
activities|||||||
|Foundation
Education||7|572,553
544,103|20,852
-|593,405
544,103|459,055
318,328|
|Total|||1,218,107|20852|1,238959|837,178|
|NET INCOME/(EXPENDITURE)
Transfers
between funds||20|2,085,814
~330)|(20,852)
3311|2,064,962|(78,756)|
|Net movement
in funds|||2,085,484|(20,522)|2,064,962|(78,756)|
|RECONCILIATION|OFFUNDS||||||
|Total funds brought
forward|||9,749,794|20,522|9,770316|9,849,072|
|TOTAL FUNDS CARRIED FORWARD|||11835270||11,835278|9770,316|
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|||31.12.22|31.8.21|
|---|---|---|---|
|FIXEDASSETS|Notes|g||
|Tangible assets
Investment
property
Long Term Investment|14
15
17|8,225,427
3750,000|8,453,166
5,000,000|
|||11,975,427|13,453,166|
|CURRENT ASSETS||||
|Debtors
Cash at bank and in hand|16|232,159
3026 127|171,385
360,297|
|||3,258,286|531,682|
|CREDITORS||||
|Amounts
falling due within one year|18|(3,398,435)|(4,214,532)|
|NKT CURRENT LIABILITIES||4240,249)|~3,682,850|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||11,835478|9,770,316|
|NET ASSETS||11835278|9,770,316|
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|FORTHE|PE|RIOD 1SEPTEMB|ER2021TO31DECEMBE|R 2022|
|---|---|---|---|---|
||||Period||
||||1/9/21||
||||to|Year Ended|
||||31/12/22|31/8/21|
|||Notes|||
|Cash flows from operating|activities||||
|Cash generated
from operations||1|~1,068 813)|~539,837)|
|Nct cash used in operating activities|||)7 068 813)|~539,837)|
|Cash flows from investing|activities||||
|Sale oftangible fixed assets
Saleoffixed asset investments|||3,734,643|18,000
200|
|Net cash provided by investing||activities|3,734,643|18,200|
|Change in cash and cash equivalents|||||
|in the reporting
period
Cash and cash equivalents|at|the|2,665,830|(521,637)|
|beginning
ofthe reporting|period||~360 97|881,934|
|Cash and cash equivalents|at|the end|||
|ofthe reporting
period|||3,026,127|360,297|
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||||||Period||
|---|---|---|---|---|---|---|
||||||I/9/21||
||||||to|Year Ended|
||||||31/12/22|31/8/21|
|Net income/(expenditure)
for the reporting
Statement ofFinancial Activities)
Adjustments
for:|||period (as per the||2,064,962|(78,756)|
|Depreciation|charges||||227,739|171,072|
|Gain on investments
(Profit)/loss
on disposal offixed assets
Increase in debtors
Decrease in creditors|||||(2,484,643)
(60,774)
~81609|(100)
12,000
(60,666)
~383,387)|
|Net cash used in operations|||||~7060813)|~539,837|
|ANALYSIS|OF CHANGES IN NET FUNDS||||||
||||At 1/9/21||Cash flow|At 31/12/22|
||||f.||||
|Net cash|||||||
|Cash at bank|and in hand||360,297||2,665030|3,026,127|
||||~360|97|2 665,830|3,026 127|
|Liquid resources|||||||
|Current asset|investments||||3,750,000|3,75tl 000|
||||||3,750000|3750,000|
|Total|||360297||6,415830|6,776,127|
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|||||Period||
|---|---|---|---|---|---|
|||||1/9/21||
|||||to|Year Ended|
|||||31/12/22|31/8/21|
||Foundation|Income||280,017|211,156|
|3.|OTHER CHARITABLE ACTIVITIES|||||
|||||Period||
|||||1/9/21||
|||||to|Year Ended|
|||||31/12/22|31/8/21|
||Other Fundraising||Activities|20,440|17,396|
||Gift aid fmm HMRC|||~5165|3,944|
|||||25,605|21,340|
|4.|INVESTMENT||INCOME|||
|||||Period||
|||||1/9/21||
|||||to|Year Ended|
|||||31/12/22|31/8/21|
||Rents receivable
Loss on Sale ofInvestment|||238,501|210,294
~100)|
|||||238,501|210,194|
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|||||Period||
|---|---|---|---|---|---|
|||||1/9/21||
|||||to|Year Ended|
|||||31/12/22|31/8/21|
|||Activity||||
||Other Primary School|||||
||Income|Education||31,480|34,095|
||Fees Receivable|Education||243,675|281,637|
|||||275,155|315,732|
|6.|RAISING FUNDS|||||
||Raising donations|and legacies||||
|||||Period||
|||||1/9/21||
|||||to|Year Ended|
|||||31/12/22|31/8/21|
||General Fundraising|Events||101,451|59,795|
|7.|CHARITABLE ACTIVITIES COSTS|||||
|||||Support||
||||Direct|costs (see||
||||Costs|note 8)|Totals|
||||||5|
||Foundation
Education||604,695
537971|(11+90)
6,132|593,405
544,103|
||||1,142666|~(5,158|1,137595|
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|||Period||
|---|---|---|---|
|||1/9/21||
|||to|Year Ended|
|||31/12/22|31/8/21|
|Auditors'
remuneration
Auditors'
remuneration
for non audit work
Depreciation - owned assets
(Surplus)/deficit
on disposal offixed assets||7,500
1,031
227,739
~2,484,643)|6,736
2,196
171,072
12,000|
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|STAF|F COSTS|||
|---|---|---|---|
|||Period||
|||1/9/21||
|||to|Year Ended|
|||31/12/22|31/8/21|
|Wages
Other|and salaries
pension costs|349,740
~495|323,940
5,061|
|||354,035|~329001|
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||||||Period|Period||
|---|---|---|---|---|---|---|---|
||||||1/9/21|||
||||||to||Year Ended|
||||||31/12/22||31/8/21|
||Engaged on Charitable||Activities||28||28|
||Engaged on Management|||||I|1|
||||||29||29|
||No employees
received||emoluments|in excess of860,000per annum.||||
|12.|COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES|||||31AUG 2021||
|||||Unrestricted|Restricted||Total|
|||||fund|fund||funds|
||INCOME FROM|||g||||
||Donations|||211,156|||211,156|
||Charitable
activities|||||||
||Education|||315,732|||315,732|
||Other Charitable
Activities
Investment
income|||21,340
210,194|||21,340
210,194|
||Total|||758,422|||758,422|
||EXPENDITURE ON|||||||
||Raising funds|||59,795|||59,795|
||Charitable
activities|||||||
||Foundation
Education|||459,055
318328|||459,055
318,328|
||Total|||837,178|||837,178|
||NET INCOME/(EXPENDITURE)|||(78,756)|||(78,756)|
||RECONCILIATION|OFFUNDS||||||
||Total funds bmught
forward|||9,828,550|20,522||9,849,072|
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|Unrestricted|Restricted|Total|
|---|---|---|
|fund|fund|funds|
||g||
|9749,794|20,522|9,770,316|
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|TANGIBLE FIXEDASSETS||||
|---|---|---|---|
|||Fixtures||
||Freehold|and||
||property|fittings|Totals|
|COST||||
|At 1 September 2021 and||||
|31December 2022|8,959,950|7,624|0967,574|
|DEPRECIATION||||
|At 1 September 2021
Charge for year|510,000
226 667|4,408
1,072|514,408
227,739|
|At 31December 2022|736,667|5,480|742,147|
|NET BOOKVALUE||||
|At 31December 2022|8,223,283|2,144|0,225 427|
|At 31 August 2021|8,449,950|3,216|8,453,166|
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|INVESTMENT PROPERTY||
|---|---|
|FAIR VALUE||
|At 1 September 2021|5,000,000|
|Disposal s|~5000 000|
|At 31December 2022||
|NET BOOKVALUE||
|At 31December 2022||
|At 31August 2021|5,000,000|
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|16.|DEBTORS:|AMOUNTS FALLING DUE WITHIN|ONE YEAR||
|---|---|---|---|---|
||||31.12.22|31.8.21|
|||||f|
||Trade debtors||188,171|80,044|
||Other debtors||43,988||
||Prepayments|and accrued income||91341|
||||~232 159|171,385|
|17.|LONG TERM INVESTMENTS||||
||||31.12.22|31.8.21|
||||f||
||Other||3,750 000||
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|CREDITORS: AMOUNTS FALLING DUE WIT|HIN ONE YEAR||
|---|---|---|
||31.12.22|31.8.21|
|Trade creditors
Social security and other taxes
VAT|264,324
6,869
16,933|43,533
7,563
38,396|
|Other creditors
Accruals and deferred income
Accrued expenses|2,995,989
54,130
60,190|3,985,970
108,142
30,928|
||3,398,435|4,214,532|
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|19.|ANALYSIS|OFNET ASSETSB|ETWEEN FUNDS||||
|---|---|---|---|---|---|---|
||||||31.12.22|31.8.21|
||||Unrestricted|Restricted|Total|Total|
||||fund|fund|funds|funds|
||Fixed assets
Investments
Curr6mt assets
Current liabilities||8,225,427
3,750,000
3,258„286
(3898435)||8,225,427
3,750,000
7,008,286
~3,300 435|8,453,166
5,000,000
531,682
~4214,532)|
||||11,835278||11835278|9,770,316|
|20.|MOVEMENT IN FUNDS||||||
|||||Net|Transfers||
|||||movement|between|At|
||||At 1/9/21|in funds|funds|31/12/22|
||Unrestricted|funds|||||
||General fund||9,749,794|2,085,814|(330)|11,835878|
||Restricted funds||||||
||Restricted Funds||20,522|(20,852)|330||
||TOTAL FUNDS||9,770,316|2 064,962|-|11835270|
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||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
|Unrestricted
funds|||||||
|General fund|||2,053,921|(1,218,107)|1,250,000|2,085,814|
|Restricted funds|||||||
|Restricted Funds||||(20,$52)||(20,852)|
|TOTAL FUNDS|||2,053,921|~72309591|1,250,000|2,064 962|
|Comparatives
for movement||in funds|||||
||||||Net||
||||||movement|At|
|||||At 1/9/20|in funds|31/8/21|
|Unrestricted
funds|||||||
|General fund||||9,828,550|(78,756)|9,749,794|
|Restricted funds|||||||
|Restricted Funds||||20,522||20,522|
|TOTAL FUNDS||||9,849 072|~478 756|9,770,316|
|Comparative
net movement|in|funds, included|in the above|are as follows:|||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|Unrestricted
funds|||||||
|General fund||||758,422|(837,178)|(78,756)|
|TOTAL FUNDS||||758,422|~837,178)|~78,756)|
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|FOR THE PERIOD ISEPTEMBER2|021TO 31DECEMBER 2022||
|---|---|---|
||Period||
||1/9/21||
||io||
||31/12/22|31/8/21|
|INCOME|||
|Donations|||
|Foundation
Income|280,017|211,156|
|Other Charitable
Activities|||
|Other Fundraising
Activities
Gift aid from HMRC|20,440
5165|17,396
3944|
||25,605|21,340|
|Investment
income|||
|Rents receivable
Loss on SaleofInvestment|238,501|210,294
~100)|
||238,501|210,194|
|Charitable
activities|||
|Other Primary School Income
Fees Receivable|31,480
243,675|34,095
281,637|
||275,155|315,732|
|Other income|||
|Gain on sale oftangible fixed assets|3,454 643||
|Total incoming resources|3,303,921|758,422|
|EXPENDITURE|||
|Raising donations
and legacies|||
|General Fundraising
Events|101,451|59,795|
|Charitable
activities|||
|Wages
Pensions
Educational
Resources
Educational
Resources —Under provision
Insurance
Carried forward|349,740
4,295
165/67
137,634
22,609
679,545|323,940
5,061
20,611
12,454
362,066|
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|FORT|HE PERIOD 1SEPTEMBER20|21TO31DECEMBER 2022||
|---|---|---|---|
|||Period||
|||1/9/21||
|||to||
|||31/12/22|31/8/21|
||||f.|
|Charitable
activities||||
|Brought forward||679,545|362,066|
|Light and heat||3,558|17,692|
|Repairs and Renewals||3,74$|25,012|
|Computer
Maintenance||882|598|
|Other Office Expenses||9@14|16,932|
|Charity Events||140,771|118,661|
|Other Rental Expenses||77,109|19,792|
|Plant and machinery||227,739|171,072|
|Loss on sale oftangible|fixed assets||12,000|
|Training
and Courses|||610|
|||1,142,666|744,435|
|Support costs||||
|Management||||
|Telephone||15603|1,106|
|Finance||||
|Legal and Professional
BadDebts
Bank charges|Fees|12344
(31,597)
3021|23,854
(4,233)
1 752|
|||(16,232)|21,373|
|Other||||
|Rates snd water||661|510|
|Cleaning||279|1,027|
|||940|1,537|
|Governance
costs||||
|Auditors'
remuneration
Auditors'
remuneration|for non audit work|7,500
1,031|6,736
2 196|
|||8,531|8,932|
|Total resources expended||1230,959|837,178|
|Nct income/(expenditure)||2,066962|~78 7567|