2022-08-31-accounts - Westminster Cathedral Choir School

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Reports	Reports
Reference and administrative		details ofthe
charily and its Corporate Trustee			1
Report ofthe directors ofthe Corporate
Trustee
independent auditor's	report
Accounts
Statement offinancial	activities		16
Balance sheet
Statement ofcash flows			18
Principal accounting	policies		19
Notes to the accounts			23

In attendance	The Head Master —Mr	The Head Master —Mr	Neil McLaughlan
Governors' meetfngs	The Master	of Music —Mr Simon Johnson
	The Bursar	—Mrs Joanna Stephens
	The Deputy	Head (Pastoral) —Miss Emily Auger
	The Director ofAdmissions —Miss Lucy Auger
Clerk to the Governors	Mrs Joanna	Stephens
Principal address	Westminster	Cathedral	Choir School
	Ambrosden	Avenue
	London
	SW1 1QH
Charity registration
number	1063761
Auditor	Buzzacott LLP
	130Wood Street
	London
	EC2V 6DL
Bankem	HSBC Bank	pic
	69 Pall Mall
	London
	SW1Y5EY

			Un-			Un-
			restricted	Restricted	Total	restricted	Restricted	Total
		Notes	funds 6	funds 6	2022	funds f	funds f	2021 f
Income from:
Donations and legacies		1	114,225	92,664	206,889	118,469	51,213	169,682
Charitable activities
.Provision of education		2	5,558,163		5,558,163	5,118,664		5,118,664
Total Income			5,672,388	92,664	5,765,052	5,237,133	51,213	5,288,346
Expenditure on:
Charitable activities
.Provision ofeducation		3	5,071,382	32,353	5,103,735	4,554,032	25,085	4,579,117
Total expenditure			5,071,382	32,353	5,103,735	4,554,032	25,085	4,579,117
Net Income
and net movement	In funds		501,006	60,311	661,317	683,101	26,128	709,229
Reconciliation of	funds
Balances brought forward
at 1 September			2,437,500	360,468	2,797,968	1,754,399	334,340	2,088,739
Balances carried forward
st 31 August			3,038,506	420,779	3,459,285	2,437,500	360,468	2,797,968

		Notes	2022 6	2022f	2021	2021 6
Fixed assets
Tangible assets				1,229,720		1,325,464
Current assets
Debtors		6	174,179		307,348
Cash at bank and in	hand		4,155,892		3,265,724
			4,330,071		3,573,072
Creditors: amounts	falling due
within one year		9	(1,642,006)		(1,446,408)
Net current assets				2,688,065		2,126,664
Total assets less current liabilities				3,917,785		3,452,128
Creditors: amounts	falling due
after more than one	year	10		(458,500)		(654,160)
Total net assets				3,459,285		2,797,966
The funds ofthe charity:
Funds and reserves
Restricted funds				420,779		360,466
Unrestricted Income	funds
.General fund
..Tangible fixed assets			1,229,720		1,325,464
..Free reserves			1,808,786		1,112,036
				3,038,506		2,437,500
				3,459,285		2,797,968

			Notes	2022 6	2021f
Cash flows from operating	activities:
Net cash provided by operating activities			A	1,078,356	866,920
Cash flows from investing	activities:
Purchase oftangible fixed assets				(188,188)	(83,932)
Net cash used In Investing	activities			(188,188)	(83,932)
Change In cash and cash	equivalents	In the year		890,168	782,988
Cash and cash equivalents	at 1 September		B	3,265,724	2,482,736
Cash and cash equivalents	at 31 August		B	4,155,892	3,265,724

A	Reconciliation of net movement	Reconciliation of net movement	Reconciliation of net movement	in funds	in funds	to net cash provided	by operating	activities
							2022	2021
							6	5
	Net movement in funds (as per the			statement		offinancial activities)	661,317	709,229
	Adjustments for:
	Depreciation charge						196,127	191,893
	Loss on disposal of	tangible fixed	assets				16,410
	Decrease in debtors						133,169	207,968
	Increase (decrease)	In creditors (excluding			fixed	asset creditors)	71,333	(242,170)
	Net cash provided	by operating	activities				1,078,358	866,920
B	Analysis ofcash	and cash equivalents
							2022	2021
								5
	Total cash and cash equivalents:		Cash at bank			and in hand	4,155,892	3,265,724

Income from:	Donations	Donations	and legacies	and legacies
			Un-			Un-
			restricted	Restricted	Total	restricted	Restricted	Total
			funds E	funds E	2022 f	funds	funds f	2021 f
Grents receivable	from
Westminster Cathedral		Choir
School Fund (Registered
Charity Number 276878)			90,000			90,000		90,000
Legacies receivable						178		178
Other donations,	gifts and
sundry receipts			24,225	92,664	116,889	28,291	51,213	79,504
Totalfunds			114225	92,684	206,889	118,489	51,213	169,682

Income fro	m: P	ro	visio	n of	education
					Un-				Un-
				restricted Restricted				Total restricted Resbtcted			Total
					funds E	funds E		2022 E	funds E	funds f	2021 E
Gross fees				5,608,163			5,608,163 5,154,355				5,154,355
Less: Burseries					(50,000)		(50,000) (35,691)				(35,691)
Total funds				5,558,163			5,558,163 5,118,664				5,118,664
Choristers'	fees	only partially			cover the costs associated with the provision					ofeducation for
choristers.	The shortfall			is in	part made up	by a grant		off90,000(2021 -f90,000)receivable
from Westminster			Cathedral		Choir School	Fund	(see note 1).
Expenditure on:			Provision		ofeducation
					Un-				Un-
					restricted	Restricted		Total	restricted Reslricted		Total
					funds f	funds E		2022 f	funds f	funds f	2021
Teaching and music
Personnel costs					2,208,160		—2,208,160		2,097,237	—2,097,237
Books, equipment		and
educational	supplies				479,462			479,462	289,918		289,918
Scholarships	and	prizes			20,030	29,541		49,571	3,636	20,300	23,936
Charity donations					328	2,812		3,140		4,785	4,785
Depreciation					136,709			136,709	134,961		134,961
Advertising,	travel	snd related
costs					112,850			112,850	99,546		99,546
					2,957,539	32,353		2,989,892	2,625,298	25,085	2,650,383

			Un-			Un-
			restricted	Restricted	Total	restricted	Restricted		Total
			funds 5	funds 6	2022 5	funds F	funds f		2021f
Welfare
Personnel costs			281,751		281,751	264,418	—		264,418
Provisions			121,066		121,066	68,714	—		68,714
Miscellaneous		expenses	21,390		21,390	26,562	—		26,562
			424,207		424,207	359,694	—		359,694
Premises
Personnel costs			145,475		145,475	136,422			136,422
Maintenance	and repairs		134,038		134,038	150,812			150,812
Rent and property charges
payable to Westminster
Roman Catholic Diocesan
Trust (note 14)			636,516		636,516	581,443			581,443
Depreciation			59,418		59,418	56,932			56,932
Fuel, light and	water		88,102		88,102	64,703			64,703
Cleaning			8,385		8,385	13,739			13,739
Staff accommodation			104,465		104,465	59,058			59,058
Loss on disposal oftangible
fixed assets			16,410		16,410
Miscellaneous			33,966		33,986	22,802			22,802
			1,226,775		1,226,775	1,085,911		1,085,911
Support
Personnel costs			314,883		314,883	301,772	—		301,772
Printing, postage, stationery
and telephone			48,806		48,806	42,198	—		42,198
Computers and		related
maintenance			53,886		53,866	111,804			111,804
Bank charges			5,604		5,604	4,806			4,806
			423,159		423,159	460,580	—		460,580
Governance
Auditors remuneration			12,530		12,530	10,560	—		10,560
Other legal and		professional
fess			27,172		27,172	11,989	—		11,989
			39,702		39,702	22,549	—		22,549
Totalfunds			5,071,382	32,353	5,103,735	4,554,032	25,085	4,579,117

Staff coats
	2022	2021f
Staff costs during the period were as follows:
Wages and salaries	2,293,166	2,216,022
Social security costs	238,358	213,161
Other pension costs	382,012	324,405
	2,893,536	2,753,585
Other staff costs	56,732	46,261
	2,950,268	2,799,849

Total	Total
2022	2021

			2022	2021
			No.	No.
Teaching	and	music	42	42
Welfare			17	17
Support			5	5

Tangible fitted assets
		Furniture,
	Major	equipment
	improvements	and minor
	to property f	improvements 5	Total 6
Cost
At 1 September 2021	1,485,462	2,093,688	3,579,150
Additions		116,793	116,793
Disposals		(193,170)	(193,170)
At 31 August 2022	1,485,462	2,017,311	3,502,773
Depreciation
At 1 September 2021	661,781	1,591,905	2,253,685
Charge for year	59,418	136,709	196,127
Eliminated in respect ofdisposals		(176,760)	(176,760)
At 31 August 2022	721,199	1,551,854	2,273,053
Net book values
At 31 August 2022	764,263	465,457	1,229,720
At 31 August 2021	823,681	501,783	1,325,464

Debtors
			2022 8	2021f
Tuition and	other fees receivable		16,837	39,308
Rent prepaid			100,000	200,000
Prepayments	and sundry	debtors	57,342	68,040
			174,179	307,348

								2022 8	2021f
Loan from		Westminster	Cathedral		Choir	School	Fund (see below and
note 10)								200,000
Amounts	due to Westminster			Roman Catholic Diocesan Trust (note 14)				9,754	8,069
Accrued	rent (see below)							384,472	477,324
PAYE, National Insurance			and employer's			pension	contributions	114,022	101,297
Fees in advance								780,064	636,080
Returnable		fee deposits						47,500	39,000
Additions		to tangible fixed assets						37,411	108,806
Accruals								68,783	75,832
								1,642,006	1,446,408

Creditors	: amounts	falling d	ue after more than one year
				2022f	2021f
Returnable	fee deposits			458,500	454,160
Loan from	Westminster	Cathedral	Choir School Fund (nots 9)		200,000
				458,500	654,160

			At 1			At 31
			September			August
			2021f	income f	Expenditure f	2022f
Basil Hume	Fund		354,756	77,600	(29,541)	402,815
Neil McLaughlan		Fund	2,169			2,169
Other			3,543	15,064	(2,812)	15,795
Total restricted		funds	360,468	92,664	(32,353)	420,779
			At 1			At 31
			September			August
			2020f	Income f	Expenditure f	2021 f
Basil Hume	Fund		330,056	45,000	(20,300)	354,756
Nell McLaugblsn		Fund		2,169		2,169
Other			4,284	4,044	(4,785)	3,543
Total restricted		funds	334,340	51,213	(25,085)	360,468

								unrestricted
								general	Restricted	2022
								fund f	funds f	Total f
Fund balances	at 31 August				2022
are represented		by:
Tangible fixed assets								1429,720		1,229,720
Net current assets CM4:			I	III 0 0	tt	td	y	2467486 ~4458, 500	420,779	2,688,065 (458,500)
Total net assets								3,038,506	420,779	3,459,285
								Unrestricted
								general	Restricted	2021
								fund f	funds	Total f
Fund balances at		31August 2021
are represented	by:
Tangible fixed assets								1,325,464		1,325,464
Net current assets								1,766,196	360,468	2,126,664
Creditors: amounts			falling due after more than one year					(654,160)	—	(654,160)
Total net assets								2,437,500	360,468	2,797,968

Commitments unde At 31 August 2022, cancellable operating	Commitments unde At 31 August 2022, cancellable operating	r operating leases the total of the charity's future leases was as follows:	minimum lease payments	under non
Land snd bufidlngs			2022 5	2021f
Amount	due within one	year	701,688	562,654
Amounts	due between	two and five years	2,565,108	2,171,354
Amounts	due after five	years	QA15,825	8,805,802
			12,782,514	11,539,820