2022-08-31-accounts - Ghyll Royd School

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			Page
Report ofthe Trustees		1	to	5
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow	Statement		10
Notes to the Financial Statements		11 to		20

			Gh llRo d School	Gh llRo d School	Gh llRo d School	Gh llRo d School
			Statement ofFinancial Activities
			Incor oratin	an	Income and E	n iture Account
			for the		ear ended 31Au ust 2022
							31.8.22	31.8.21
							Unrestricted	Total
							funds	funds
				Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies							5,543	10
Charitable activities
School Fees and disbursements							856,611	803,239
Other trading activities								1,505
Other income							48,219	33,810
Total							910,373	838,564
EXPENDITURE ON
Raising funds							35,958	45,490
Charitable activities
Direct costs								623
Teaching costs							713,223	657,218
Welfare costs							40,595	45,048
Premises costs							113,178	82,007
Administrative costs							26,319	34,753
Total							929,273	865,139
NET INCOME/(EXPENDITURE)							(18,900)	(26,575)
RECONCILIATION		OF FUNDS
Total funds brought	forward						296,367	322,942
TOTAL FUNDS CARRIED			FORWARD				277,467	296,367

Gh ll Ro d S	chool st	ered n mber: 0358	3140
	Balance	Sheet
	1Au	st 2022
			31.8.22	31.8.21
			Unrestricted	Total
			funds	funds
	Notes
FIXEDASSETS
Tangible assets	12		506,203	525,542
CURRENT ASSETS
Debtors	13		51,340	44,741
Cash at bank and in hand			47,201	133,605
			98,541	178,346
CREDITORS
Amounts falling due within one year	14		(247,277)	(211,558)
NET CURRENT ASSETS			(148736)	(33212)
TOTAL ASSETSLESSCURRENT
LIABILITIES			357,467	492,330
CREDITORS
Amounts falling due after more than one year	15		(80,000)	(195,963)
NET ASSETS			277,467	296,367
FUNDS	18
Unrestricted funds			277,467	296,367
TOTALFUNDS			277,467	296,367

				Gh llRo	d School
				Cash Flow	Statement
			for the	ear ende	31Au ust	2022
						31.8.22	31.8.21
			Notes
Cash flows from operating		activities
Cash generated from operations						38,952	(29,740)
Interest paid						(257)	(676)
Interest element ofhire purchase or finance
lease rental payments paid						(879)	(545)
Net cash provided by/(used		in) operating	activities			37,816	(30,961)
Cash flows from investing		activities
Purchase oftangible fixed	assets					(4,980)	(24,789)
Sale oftangible fixed assets						760
Net cash used in investing	activities					(4,220)	(24,789)
Cash flows from financing		activities
New loans in year							120,000
Loan repayments in year						(120,000)
Capital repayments in year							(710)
Net cash (used in)/provided		by financing	activities			(120,000)	119,290
Change in cash and cash	equivalents		in
the reporting period						(86,404)	63,540
Cash and cash equivalents		at the
beginning ofthe reporting		period				133,605	70,065
Cash and cash equivalents		at the end	of
the reporting period						47,201	133,605

										31.8.22	31.8,21
Net expenditure		for the		reporting			period (asper the Statement	of
Financial Activities)										(18,900)	(26,575)
Adjustments	for:
Depreciation	charges									23,506	23,450
Loss on disposal of			fixed	assets						54
Interest paid										257	676
Interest element ofhire purchase						and finance lease rental payments				879	545
(Increase)/decrease			in debtors							(6,600)	106,308
Increase/(decrease)			in creditors							39,756	(134,144)
Net cash provided			by/(used		in)	operations				38,952	(29,740)
ANALYSIS	OF	CHANGES			IN	NET DEBT
								At	1.9.21	Cash flow	At 31.8.22
Net cash
Cash at bank	and	in	hand					133,605		(86,404)	47,201
								133,605		(86,404)	47,201
Debt
Debts falling	due	within		1 year					(4,037)	4,037
Debts falling	due	after 1		year				(195,963)		115,963	(80,000)
								(200,000)		120,000	(80,000)
Total									(66,395)	33,596	(32,799)

	DONATI	ONS AND LEGACIES
			31.8.22	31.8.21
	Donations		5,543	10
	OTHER	TRADING ACT1VMES
			31.8.22	31.8.21
	Fundraising events			1,505
4.	INCOME FROM CHARITABLE ACTIVITIES
			31.8.22	31.8.21
			School
			Fees and	Total
			disbursements	activities
	Fees and	disbursements	563,342	488,183
	Nursery	fees and disbursements	201,533	160,080
	Furlough	grants		33,375
	Nursery	grants	91,042	95,978
	Government grants		694	25,623
			856,611	803,239

5.	RAISING FUNDS	RAISING FUNDS
	Marketing expenditure
					31.8.22	31.8.21
	Staffcosts				30,763	28,905
	Advertising				5,195	16,585
					35,958	45,490
6.	CHARITABLE ACTIVITIES COSTS
					Support
				Direct	costs (see
				Costs	note 7)	Totals
	Teaching costs			713,223		713,223
	Welfare costs			40,595		40,595
	Premises costs			113,178		113,178
	Administrative	costs		4,892	21,427	26,319
				871,888	21,427	893,315
7.	SUPPORT COSTS
					Governance
			Management	Finance	costs	Totals
	Administrative	costs	15,599	2,048	3,780	21,427
	Support costs,	included	in the above, are as follows:
	Management
					31.8.22	31.8.21
					Administrative	Total
					costs	activities
	Telephone				1,454	1,073
	Printing &stationery				6,488	5,770
	Legal and professional		fees		7,657	16,246
	Bad debts					1,257
					15,599	24,346

SUPPORT C Finance	OSTS - continued
			31.8.22	31.8.21
			Administrative	Total
			costs	activities
Bank charges			912	717
Bank interest			257	53
Bank loan interest				623
Hire purchase			879	545
			2,048	1,938
Governance	costs
			31.8.22	31.8.21
			Administrative	Total
			costs	activities
Accountancy	and legal fees		3,780	4,116
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
			31.8.22	31.8.21
Depreciation	- owned assets		21,891	21,299
Depreciation	- assets on hire purchase	contracts and finance leases	1,614	2,153
Deficit on disposal offixed assets			54

STAF	F COSTS
		31.8.22	31.8.21
Wages	and salaries	625,270	574,309
Social	security costs	42,238	37,839
Other	pension costs	15,241	25,643
		682,749	637,791

The average monthly number ofemployees during	the year was as follows:
	31.8.22	31.8.21
Teaching	14	17
Non - teaching	19	18
	33	35

INTANGIBLE FIXEDASSETS
	Goodwill
COST
At 1 September 2021 and 31August 2022	5,000
AMORTISATION
At 1 September 2021 and 31August 2022	5,000
NET BOOKVALUE
At 31August 2022

TANGIBLE FIXEDASSETS
	Improvements	Fixtures
	to	and	Motor
	property	fittings	vehicles	Totals
COST
At 1 September 2021	765,525	175,075	36,765	977,365
Additions		4,980		4,980
Disposais		(2,399)		(2,399)
At 31August 2022	765,525	177,656	36,765	979,946
DEPRECIATION
At 1 September 2021	289,898	132,249	29,676	451,823
Charge for year	15,310	6,423	1,772	23,505
Eliminated on disposal		(1,585)		(1,585)
At 31August 2022	305,208	137,087	31,448	473,743
NET BOOKVALUE
At 31August 2022	460,317	40,569	5,317	506,203
At 31August 2021	475,627	42,826	7,089	525,542

			Motor
			vehicles
	COST
	At 1 September 2021 and 31 August 2022		21,765
	DEPRECIATION
	At 1 September 2021		15,309
	Charge for year		1,614
	At 31August 2022		16,923
	NET BOOKVALUE
	At 31August 2022		4,842
	At 31August 2021		6,456
13.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
		31.8.22	31.8.21
	Trade debtors	21,840	21,609
	Prepayments	29,500	23 132
		51,340	44,741
14.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		31.8.22	31.8.21
	Bank loans and overdrafts (see note 16)		4,037
	Trade creditors	22,090	17,609
	Social security and other taxes	10,664	11,218
	Other creditors	5,675	5,379
	Deferred income	195,438	158,074
	Accrued expenses	13,410	15,241
		247,277	211,558

15.	CREDITORS: AMOUNTS FALLING DUE A	FTERMORE THAN ONE YEA	R
			31.8.22	31.8.21
	Bank loans (see note 16)			115,963
	Other loans (see note 16)		80,000	80,000
			80,000	195,963
16.	LOANS
	An analysis ofthe maturity ofloans is given below:
			31.8.22	31.8.21
	Amounts falling due within one year on demand:
	Bank loans			4,037
	Amounts falling between one and two years:
	Bank loans - 1-2years			23,980
	Other loans - 1-2 years		80,000	80,000
			80,000	103,980
	Amounts falling due between two and five years:
	Bank loans -2-5 years			71,984
	Amounts falling due in more than five years:
	Repayable by instalments:
	Bank loans more 5yr by instal			19,999
17.	LEASING AGREEMENTS
	Minimum lease payments under non-cancellable	operating leases fall due as follows:
			31.8.22	31.8.21
	Between one and five years		2,248	2,940
18.	MOVEMENT IN FUNDS
			Net
			movement	At
		At 1.9.21	in funds	31.8.22
				E
	Unrestricted funds
	General fund	296,367	(18,900)	277,467
	TOTAL FUNDS	296,367	(18,900)	277,467

					Incoming	Resources	Movement
					resources	expended	in funds
Unrestricted		funds
General fund					910,373	(929,273)	(18,900)
TOTAL FUNDS					910,373	(929,273)	(18,900)
Comparatives		for movement	in funds
					Net	Transfers
					movement	between	At
				At 1.9.20	in funds	funds	31.8.21
Unrestricted		funds
General fund				314,638	(27,811)	9,540	296,367
Designated	fund			8,304	1,236	(9,540)
				322,942	(26,575)		296,367
TOTAL FUNDS				322,942	(26,575)		296,367

		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted	funds
General fund		837,059	(864,870)	(27,811)
Designated	fund	1,505	(269)	1,236
		838,564	(865,139)	(26,575)
TOTALFUNDS		838,564	(865,139)	(26,575)

			Net	Transfers
			movement	between	At
		At 1.9.20	in funds	funds	31.8,22
Unrestricted	funds
General fund		314,638	(46,711)	9,540	277,467
Designated	fund	8,304	1,236	(9,540)
		322,942	(45,475)		277,467
TOTAL FUNDS		322,942	(45,475)		277,467

		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted	funds
General fund		1,747,432	(1,794,143)	(46,711)
Designated	fund	1,505	(269)	1,236
		1,748,937	(1,794,412)	(45,475)
TOTAL FUNDS		1,748,937	(1,794,412)	(45,475)