2022-07-31-accounts

		Page
Reference and Administrative Details ofthe Charity, its Trustees and Advisers
Trustees' Report		2-9
Independent	Auditors' Report on the Financial Statements	10-13
Consolidated	Statement of Financial Activities	14
Consolidated	Statement of Financial Position	15
Company Statement ofFinancial Position		16
Consolidated	Statement ofCash Flows	17
Notes to the	Financial Statements	18-42

Trustees			G. F.Pine, chairman	G. F.Pine, chairman
			S. A. Coen,	CEO, joint		principal	(until 31 August		2022) and accounting		officer of
			subsidiary trading college
			L de Abreu,	Principal		(from 01 September		2022), joint principal		(until	31 August
			2022) ofsubsidiary		trading college
			S.J.Atkins
			J.P. Emery
			N. Patel
			S.R.Watson-Fowler
			P. Catterall (appointed 10January				2023)
Company	registered
number			03636078
Charity registered
number			1073945
Registered		office	Monkstone House
			City Road
			Peterborough
			PE1 1JE
Chief executive officer			S.A. Coen
Independent		auditors	Venthams
			Chartered Accountants
			Statutory Auditor
			Summit House
			12Red Lion	Square
			London
			WC1R 4QH
Bankers			Barclays Bank pic
			Bexleyheath	Business Centre
			Kent
Solicitors			Greenwoods	I egal	I LP
			Monkstone House
			City Road
			Peterborough
			PE1 1JE

							As restated
			Endowment	Restricted	Unrestricted	Total	Total
			funds	funds	funds	funds	funds
		Note	2022 F	2022 F	2022 F	2022 F.	2021f
Income
Charitable activities		5		207,161	356	207,517	200,470
Other trading activities
-subsidiary turnover		6			5,332,082	5,332,082	6,022,464
Total income				207,161	5,332,438	5,539,599	6,222,934
Expenditure on:
Expenses ofthe
subsidiary excluding
rent paid - excluded	on
consolidation					4,840,068	4,840,068	5,447,113
Charitable activities:		8
Grants to support the
performing arts				1,814	15,698	17,512	2,726
Interest on finance
leases and deprecation
on the related assets				101,292		101,292	97,006
Governance costs				17,280	11,989	29,269	16,256
Interest on bank
loans					73,207	73,207	69,575
Total expenditure				120,386	4,940,962	5,061,348	5,632,676
Net income forthe
year (net movement
in funds)				86,775	391,476	478,251	590,258
Reconciliation of
funds:
Funds brought forward			1,755,035	928,841	2,635,795	5,319,671	4,729,413
Net income for the year
(net movement in
funds)				86,775	391,476	478,251	590,258
Funds carried
forward			1,755,035	1,015,616	3,027,271	5,797,922	5,319,571

				2022		2021
		Note		F
Fixed assets
Tangible assets		12		7,957,567		7,938,947
				7,957,567		7,938,947
Current assets
Stocks		15	17,727		21,493
Debtors		16	130,196		71,256
Cash at bank and	in hand		819,492		803,891
			967,415		895,640
Creditors: amounts	falling due within one
year		17	(1,061,242)		(877,627)
Net current assets Iliabilities				(93,827)		19,013
Total assets less	current liabilities			7,863,740		7,957,960
Creditors: amounts	falling due after more
than one year		18		(2,065,818)		(2,638,289)
Total net assets				5,797,922		5,319,571
Charity funds
Endowment funds		20		1,755,035		1,755,035
Restricted funds		20		1,015,616		928,841
Unrestricted funds		20		3,027,271		2,635,795
Totalfunds				5,797,922		5,319,671

				2022		2021
		Note		F
Fixed assets
Tangible assets		12		6,854,531		6,832,948
Investments		13		70,000		70,000
				6,924,531		6,902,948
Current assets
Debtors		16	61,053		50,000
Cash at bank and	in hand		446,052		363,743
			507,105		413,743
Creditors: amounts	falling due within one
year		17	(585,890)		(453,692)
Net current assets Iliabilities				(78,785)		(39,949)
Total assets less	current	liabilities		6,845,746		6,862,999
Creditors: amounts	falling due after more
than one year		18		(2,065,818)		(2,638,289)
Total net assets				4,779,928		4,224,710
Charity funds
Endowment funds		20		1,755,035		1,755,035
Restricted funds		20		1,015,616		928,841
Unrestricted funds		20		2,009,277		1,540,834
Totalfunds				4,779,928		4,224,710
The Charity's net movement		in funds for the year was	8555,218(2021	-8692,368).

					2022	2021
					6
Cash flows from operating		activities
Net cash used in operating	activities (see		note 22)		542,795	773,392
Cash flows from investing		activities
Purchase oftangible fixed assets					(103,129)	(76,676)
Additions to investment properties					(61,850)	(1,176,895)
Net cash used in investing		activities			(164,979)	(1,253,571)
Cash flows from financing		activities
Cash inilows from new borrowing						575,729
Repayments of bonowings	excluding interest				(362,215)	(356,455)
Net cash (used in)/provided		by financing		activities	(362,215)	219,274
Change in cash and cash		equivalents	in the year		15,601	(260,905)
Cash and cash equivalents		at the beginning		ofthe year	803,891	1,064,795
Cash and cash equivalents		at the end	ofthe year (see note 23)		819,492	803,891

				Restricted	Unrestricted	Total
				funds	funds	funds
				2022	2022	2022
				F	6	6
Support	ofthe performing	arts		207,161	356	207,517
					Restricted	Total
					funds	funds
					2021	2021
						6
Support	ofthe performing	arts			200,470	200,470
Income	from other trading activities
Income	from non charitable		trading activities

						Unrestricted	Total
						funds	funds
						2022	2022
						6
Income ofthe subsidiary-		ofa charitable	nature as the supply		ofeducation
in the performing	arts but	as the Subsidiary		is not a charitable	entity this is
treated as trading	income					5,332,082	5,332,082
						As restated	As restated
						Unrestricted	Total
						funds	funds
						2021	2021
						6
Income ofthe subsidiary-		ofa charitable	nature as the supply		ofeducation
in the performing	arts but	as the Subsidiary		is not a charitable	entity this is
treated as trading	income					6,022,464	6,022,464

			Restricted	Unrestricted	Total
			funds	funds	funds
			2022	2022	2022
			F	6	6
Auditors'	remuneration			4,800	4,800
Auditors'	non	audit costs		4,800	4,800
Legal costs				2,173	2,173
Fundraising		costs		216	17,496
Total 2022			17,280	11,989	29,269
				Unrestricted	Total
				funds	funds
				2021	2021
				6	6
Auditors'	remuneration			5,400	5,400
Auditors'	non	audit costs		5,400	5,400
Legal costs				5,241	5,241
Fundraising		costs		215	215
Total 2021				16,256	16,256

					Restricted	Unrestricted
					funds	funds	Total
					2022	2022	2022
					F	6	6
Support ofthe performing	arts including	governance		costs	19,094	27,687	46,781
Interest on bank loans						73,207	73,207
Interest on finance leases	and deprecation		on the related
assets					101,292		101,292
Total 2022					120,386	100,894	221,280
					Restricted	Unrestricted
					funds	funds	Total
					2021	2021	2021
							6
Support ofthe performing	arts including	governance		costs		18,982	18,982
Interest on bank loans						69,575	69,575
Interest on finance leases	and deprecation		on the related
assets					97,006		97,006
Total 2021					97,006	88,557	185,563

Auditors'	remuneration
								2022	2021
									5
Fees payable to the Charity's			auditor		for the	audit ofthe Charity's	annual
accounts								4,800	5,400
Fees payable to the Charity's			auditor		in respect of:
non-audit	services not included			above				4,800	5,400
Employee	and staff details
									Group
								Group	As restated
								2022	2021
									5
The staff	costs incurred	by	the subsidiary			were as follows:
Wages and salaries								3,105,451	3,654,554
Social security costs								278,084	313,05T
Contribution to defined contribution					pension	schemes		154,710	189,237
								3,538,245	4,156,875

			Group	Group	Charity	Charity
			2022	2021	2022	2021
			No.	No.	No.	No.
Directors ofthe subsidiary			2	2
Other key management		personnel	2	3
Teaching staff			53	51
Non teaching staff			27	2T
Non-executive	directors	of both The
Foundation and The College
Non executive	directors	of The Foundation
			90

Group	Group
2022	2021
No.	No.

					2022	2021
					f.
S.A.	Coen	Remuneration			118,000	118,210
		Pension	contributions	paid	15,979	17,975
L.de	Abreu	Remuneration			100,300	100,510
		Pension	contributions	paid	13,882	12,626

	Long-term	Short-term	Costumes,		Plant,
	leasehold	leasehold	props and	Motor	equipment
	property f	property f	instruments F	vehicles f	and fixtures F	Total f
Cost or valuation
At 1 August 2021	6,904,113	1,321,959	244,654	39,184	579,708	9,089,618
Additions	61,850	42,726	14,977	-	45,426	164,979
Disposals					(12,877)	(12,877)
At 31 July 2022	6,965,963	1,364,685	259,631	39,184	612,257	9,241,720
Depreciation
At 1 August 2021	71,165	500,025	165,718	25,038	388,725	1,150,671
Charge for the year	40,267	39,134	16,021	2,829	43,820	142,071
On disposals					(8,589)	(8,589)
At 31 July 2022	111,432	539,159	181,739	27,867	423,956	1,284,153
Net book value
At 31 July 2022	6,854,531	825,526	77,892	11,317	188,301	7,957,567
At 31Ju/y 2021	6,832,948	821,934	78,936	14,146	190,983	7,938,947

	Investments
	in
	subsidiary
Charity	companiesf
Cost or valuation
At 1 August 2021	70,000
At 31 July 2022	70,000

Name			Company	Registered	office or principal	Principal	activity
			number	place ofbusiness
The Doreen	Bird College	of	03088287	1 Bedford	Row, London, WCR1	Performing	Arts
Performing	Arts Limited			4BZ		College
Class of	Holding	Included	in
shares		consolidation
Ordinary	100%	Yes

	The financial	results ofthe subsidiary for t	he year were:
	Name		Income	Expenditure	Profit for	Net assets
			F	excluding	the year	F
				Gift Aid	before Gift
				payment	Aid
				F	payment
					F
	The Doreen	Bird College of Performing	5,332,082	5,140,068	192,014	1,087,994
	Arts Limited
15.	Stocks
					Group	Group
					2022	2021
						5
	Goods for resale ofthe subsidiary				17,727	21,493

			Group	Group	Charity	Charity
			2022	2021	2022	2021
			6		6
Due within one year
Trade debtors			14,506	8,501
Amounts owed by group undertakings					61,053
Other debtors			10,890	12190
Prepayments	and accrued income		104,800	50,565		50,000
			130,196	71,256	61,053	50,000
Creditors: Amounts		falling due within one year
			Group	Group	Charity	Charity
			2022	2021	2022	2021
			6		6	2
Bank loans			318,530	127,054	318,530	127,054
Trade creditors			104,571	57,714
Amounts owed to group undertakings						79,258
Other taxation	and social security		109,414	111,333
Obligations under finance leases			258,960	240,180	258,960	240,180
Other creditors			90,252	66,758
Accruals and	deferred	income	179,515	274,588	8,400	7,200
			1,061,242	877,627	585,890	453,692

		Group	Group	Charity	Charity
		2022	2021	2022	2021
		6		6
Bank loans		1,675,145	1,988,656	1,675,145	1,988,656
Obligations	under finance leases	390,673	649,633	390,673	649,633
		2,065,818	2,638,289	2,065,818	2,638,289

		Balance at 1			Transfers	Balance at
		August 2021	Income	Expenditure	in/out	31July 2022
			6	F	6	6
Unrestricted	funds
General Funds - all funds		2,595,686	5,332,438	(4,940,962)	5,941	2,993,103
Revaluation	reserve ofthe
subsidiary		40,109			(5,941)	34,168
		2,635,795	5,332,438	(4,940,962)		3,027,271
Endowment	funds
Endowment	Funds - all funds	1,755,035				1,755,035
Restricted	funds
Conditional	donations	1,814		(1,814)
Alma Road	Site	927,027	207,161	(118,572)		1,015,616
		928,841	207,161	(120,386)		1,015,616
Total offunds		5,319,671	5,539,599	(5,061,348)		5,797,922

Statement offunds (cont	Statement offunds (cont	Statement offunds (cont	inued)	inued)
Consolidated statement			offunds - prior year
				Balance at
				1August	As restated	As restated	Transfers	Balance at
				2020	Income	Expenditure	infout	31Ju/y 2021
Unrestricted		funds
General Funds - all funds				2,098,739	6,022,464	(5,532,944)	7,427	2,595,686
Revaluation		reserve ofthe
subsidiary				47,536			(7,427)	40,109
				2,146,275	6,022,464	(5,532,944)		2,635,795
Endowment		funds
Endowment		Funds - all funds		1,755,035				1,755,035
Restricted		funds
Conditional		donations		4,540		(2726)		1,814
Alma Road		Site		823,563	200,470	(97,006)		927,027
Restricted	Fund 4
				828,103	200,470	(99,732)		928,841
Total offunds				4,729,413	6,222,934	(5,632,676)		5,319,671

Analysis	ofn	et assets between funds -	current year
			Endowment	Restricted	Unrestricted	Total
			funds	funds	funds	funds
			2022	2022	2022	2022
			6	F	6	6
Tangible	fixed	assets	1,755,035	1,665,249	4,537,283	7,957,567
Current	assets				967,415	967,415
Creditors	due within one year			(258,960)	(802,282)	(1,061,242)
Creditors	due	in more than one year		(390,673)	(1,675,145)	(2,065,818)
Total			1,755,035	1,015,616	3,027,271	5,797,922

						Endowment	Endowment	Restricted	Unrestricted	Total
							funds	funds	funds	funds
							2021 5	2021 f	2021 6	2021 5
Tangible	fixed	assets				1,755,035		1,816,840	4,367,072	7,938,947
Current assets								1,814	894,826	896,640
Creditors	due	within	one year					(240,180)	(637,447)	(877,627)
Creditors	due	in more		than one year				(649,533)	(1,988,656)	(2,638,289)
Total						1,755,035		928,841	2635,795	5,319,671
Reconciliation		of	net	movement	in funds	to net cash flow from operating			activities
									Group	Group
									2022	2021
										6
Net income for the			year (as per Statement			of Financial	Activities)		478,251	590,258
Adjustments		for:
Depreciation and losses on disposal									146,359	169,271
Decrease	in stocks								3,766	1,363
Decrease/(increase)			in debtors						(58,940)	31,895
Decrease	in creditors								(26,641)	(19,395)
Net cash	provided		by operating		activities				542,795	773,392

				Group	Group
				2022	2021
				8	8
Contracted	for but not provided		in these financial statements
Acquisition	oftangible	fixed assets			21,342

under non	-can	cellable operating leases as follows:
			Group	Group
			2022	2021
				8
Not later than		1 year	24,720	33,818
Later than	1 year and not later than 5 years		24,720	76,090
			49,440	109,908