|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|at|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| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |1|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| ## ## ## ## ## ## ## ##