| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| Notes | Funds 2022 | Funds 2022 | Funds 2022 | Funds 2021 | ||
| INCOME from: | ||||||
| Donations | ||||||
| Donation from Parents' | Association | 4,848 | 4,848 | 1,696 | ||
| Charitable Activities |
2 | |||||
| School fees receivable | 5,143,872 | 5,143,872 | 4,913,340 | |||
| Registration fees |
8,800 | 8,800 | 9,000 | |||
| Other trading activities | ||||||
| Other income | 3 | 109,210 | 109,210 | 90,708 | ||
| Other | ||||||
| Government grants -furlough |
3 | 55,774 | ||||
| Investments | ||||||
| Bank and other interest | 193 | 193 | 224 | |||
| Total income | 5 266 923 | 5 266 923 | 5 070 742 | |||
| EXPENDITURE on: | ||||||
| Generating Funds |
||||||
| Financing costs | 18,808 | 18,808 | 24,056 | |||
| Charitable Activities |
||||||
| Teaching | 3,020,351 | 3,020,351 | 2,901,807 | |||
| Welfare | 555,521 | 555,521 | 436,952 | |||
| Premises | 992,844 | 992,844 | 1,017,710 | |||
| Support costs | 534,407 | 534,407 | 481,576 | |||
| Governance costs |
5 | 85 379 | 85 379 | 36549 | ||
| Total expenditure | 5 207 310 | 5 207 310 | 4 898 650 | |||
| Net Income and movement | ||||||
| in funds for the year | 59,613 | 59,613 | 172,092 | |||
| RECONCILIATION | OF FUNDS | |||||
| Funds brought forward |
||||||
| 1September 2021 | 1,005,771 | 18,134 | 1,023,905 | 851,813 | ||
| Funds carried forward | ||||||
| 31August 2022 | 81 065 384 | 618 134 | 61 083 518 | 61 023 905 |
| Notes | Notes | 2022 | 2021 | |
|---|---|---|---|---|
| FIXEDASSETS | ||||
| Tangible assets | 1,331,628 | 1,509,029 | ||
| CURRENT ASSETS | ||||
| Stock | 1(g) | 7,828 | 5,561 | |
| Debtors | 7 | 184,790 | 147,464 | |
| Cash at the bank and in hand | 1,248 966 | 1 083 140 | ||
| 1,441,584 | 1,236,165 | |||
| CURRENT LIABILITIES: | ||||
| Creditors: Amounts | falling due within one year | 8 | 1 111119 | 1 081282 |
| NET CURRENT ASSETS | 330,463 | 154,883 | ||
| TOTAL ASSETSLESSCURRENT | ||||
| LIABILITIES | 1,662,092 | 1,663,912 | ||
| CREDITORS: | ||||
| Due after more than | one year | (578,574) | (640,007) | |
| TOTAL NET ASSETS | 61,083518 | 61023 905 | ||
| THE FUNDS OFTHE CHARITY | ||||
| Restricted funds | 13 | 18,134 | 18,134 | |
| Unrestricted funds |
12 | 1,065,384 | 1.005,771 | |
| TOTAL FUNDS | 61083518 | 61023 905 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Net movement in funds |
59,614 | 172,092 | |||
| Add: Depreciation charge |
265,305 | 275,374 | |||
| Deduct: Interest received | (193) | (190) | |||
| Decrease / (Increase) in stock | (2,266) | (262) | |||
| Decrease / (Increase) in debtors | (37,329) | 17,913 | |||
| (Decrease) / Increase in creditors |
2974 | 132241 | |||
| Net cash generated by operating |
activities | 288,105 | 597,168 | ||
| Cashflows from investing |
activities | ||||
| Interest Income | 193 | 190 | |||
| Purchase offixed assets | (87,903) | (296,984) | |||
| Net cash used in investing | activities | (87,710) | (296,794) | ||
| Cashflows from financing |
activities | ||||
| Repayment ofborrowing | (34,569) | (29,231) | |||
| Net cash provided by financing |
activities | (34,569) | (29,231) | ||
| Change in cash and cash | equivalents | in the year | 165,826 | 271,143 | |
| Cash and cash equivalents | brought | forward | 1 083 140 | 811997 | |
| Cash and cash equivalents | carried | forward | 81248 966 | 81003 140 |
| All Weather pitch (Leasehold | Improvements) | 15years |
|---|---|---|
| Other Leasehold improvements Furniture, plant and equipment |
(Leasehold Improvements) (Plant 4 Equipment) |
5 - 10years 5 - 10years |
| Motor vehicles (Motor Vehicles) Computer hardware (Plant k Equipment) |
5years 2-3 yeal's |
| 2022 | 2021 | ||
|---|---|---|---|
| School fees | 5,549,264 | 5,255,602 | |
| Less: bursaries | and allowances | ~405 392 | ~342262 |
| Net fees | 5,143,872 | 4,913,340 | |
| Registration fees |
8 800 | 9000 | |
| 65 152672 | 64 922340 | ||
| 3.INCOME FROM OTHER ACTIVITIES | |||
| 2022 | 2021 | ||
| Rents and 1ettings |
49,849 | 50,826 | |
| Minibus | 57,899 | 39,882 | |
| Sundry income | 1,462 | ||
| Government Grant: Furlough |
Grant | 55774 | |
| 6109210 | 6146482 | ||
| 4.STAFF COSTS | |||
| 2022 | 2021 | ||
| E | |||
| Wages and Salaries | 2,797,365 | 2,661,815 | |
| Social security | costs | 279,656 | 260,982 |
| Pension contributions | 490 277 | 465 384 | |
| 63567298 | 63388 181 |
| StaffCosts | StaffCosts | Other | Depreciation | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|---|---|---|
| Total | Total | ||||||||
| Direct charitable Expenditure: | |||||||||
| Teaching | 2,883,110 | 137,241 | 3,020,350 | 2,901,807 | |||||
| Welfare | 127,267 | 428,254 | 555,521 | 436,952 | |||||
| Premises | 132,607 | 594,932 | 265,305 | 992,844 | 1,017,710 | ||||
| Administration ofthe School |
380,126 | 73,183 | 453,309 | 416,477 | |||||
| Marketing and Publicity Governance Costs |
44,188 | 36,910 85379 |
81,098 85 379 |
65,099 36549 |
|||||
| 3,567,298 | 1,355,899 | 265,305 | 5,188,502 | 4,874,594 | |||||
| Financing | Costs: | ||||||||
| Bank Loan Interest | 18,808 | 18,808 | 24,056 | ||||||
| Total | 3 | 567298 | 1 | 374 707 | 265305 | 5 207310 | 4898 650 | ||
| Financing | costs are 100%attributable | to unrestricted | funds. | ||||||
| Governance costs |
2022 | 2021 | |||||||
| Auditors' | remuneration | 9,120 | 7,800 | ||||||
| Legal and | professional | fees | 76 259 | 28 749 | |||||
| f85 379 | K36 549 |
| Leasehold | Plant & | Motor | Total | ||
|---|---|---|---|---|---|
| Improvements | Equipment | vehicles | |||
| Cost or valuation | (note(a)) | ||||
| 1 September 2021 | 2,530,219 | 1,172,650 | 55,047 | 3,757,916 | |
| Additions | 19,231 | 68,672 | 87,903 | ||
| Disposals | ~22 518 | ~8010 | ~30 528 | ||
| 31 August 2022 | 2549 450 | 1218804 | 47037 | 3 815 291 | |
| Depreciation | |||||
| 1 September 2021 | 1,199,990 | 1,002,024 | 46,872 | 2,248,886 | |
| Charge for the year | 170,097 | 92,354 | 2,854 | 265,305 | |
| Disposals | ~22 518 | ~8010 | ~30 52S | ||
| 31 August 2022 | I 370087 | I 071 860 | 41 716 | 2 283 663 | |
| Net book value | |||||
| 31 August 2022 | 61 179"63 | 8146946 | 65 321 | 81 331 628 | |
| Net book value | |||||
| 31 August 2021 | 61 330228 | 6170626 | 68 175 | SI 509 029 |
| .DEBTORS | ||
|---|---|---|
| 2022 | 2021 | |
| Fees less provisions | 1,965 | 14,754 |
| Prepayments | 80,291 | 81,902 |
| Other debtors | 102534 | 50 805 |
| 6184790 | 6147461 |
| 8.CREDI | TORS: Due within one ye |
ar | |
|---|---|---|---|
| 2022 | 2021 | ||
| Bank Loan | (Note 10) | 53,377 | 53,376 |
| Trade creditors | 55,961 | 87,903 | |
| Fees received in advance | 663,532 | 599,920 | |
| Final term | deposits | 30,400 | 36,000 |
| Accruals | 106,286 | 109,370 | |
| PAYE and | Pensions | 121,367 | 183,275 |
| Other creditors | 80 196 | 11438 | |
| 81 111119 | 61081 282 |
| 9.CREDI | TORS: Due after more than | one year | |
|---|---|---|---|
| 2022 | 2021 | ||
| Bank Loan | (Note 10) | 398,397 | 432,967 |
| Pensions Trust Provision | 6,677 | 33,340 | |
| Final term | deposits | 173500 | 173 700 |
| 8578 574 | 8640 007 |
| fro | m Lloy | ds Bank Plc at afixed rate o | f4.03%over 15years. | |
|---|---|---|---|---|
| 2022 | 2021 | |||
| Due | within | 1 year | 53,377 | 53,376 |
| Due | between 2to 5 years | 213,508 | 213,508 | |
| Due | over 5 | years | 184889 | 219458 |
| 8451 774 | 8486 342 |
| 12.UNRES | TRIC | TED FUNDS | |||
|---|---|---|---|---|---|
| Balance | Income | Expenditure | Balance | ||
| 1 | September 2021 | 31August 2022 | |||
| Unrestricted | fund | 81 005 771 | 85 266 923 | 85 207310 | 61 065 384 |
| Prior year: | |||||
| Balance | Incoming | Resources | Balance | ||
| 1 | September 2020 | Resources | Expended | 31 August 2021 | |
| Unrestricted | fund | f833 679 | 65 070 708 | f4 898616 | fi 005 771 |
| contribute | to refu | rbi | shment and maintena |
nce costs. The re |
stricted funds are |
held in cash. |
|---|---|---|---|---|---|---|
| Balance | Income | Expenditure | Balance | |||
| 1 | September 2021 | 31 August 2022 | ||||
| Prize fund | 3,449 | 3,449 | ||||
| Amenities | Fund | 14685 | 14685 | |||
| $18 134 | 818 134 | |||||
| Prior year | ||||||
| Balance | Income | Expenditure | Balance | |||
| 1 | September 2020 | 31 August 2021 | ||||
| Prize fund | 3,449 | 3,449 | ||||
| Amenities | Fund | 14685 | 23 | 23 | 14685 | |
| f18 134 | f34 | f34 | 618 134 |
| 2022 | 2021 | ||
|---|---|---|---|
| Within | 1 year | 203,096 | 196,494 |
| 1to 5 | years | 706,379 | 747,372 |
| More | than 5 years | 947340 | 1 105230 |
| 61 856 815 | 62049 096 |