##
||||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)|
##
##
##