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||||||||Page|
|---|---|---|---|---|---|---|---|
|Directors'|report|||||||
|||Company|information|||||
|||Reference|and Administrative|Infor|mation|||
|||Structure,|Governance
and|Management||||
|||Objectives|and Activities|||||
|||Strategies|and Policies Supporting||the Charitable|Objects||
|||Strategic Report||||||
|||Review ofAchievements||and Performance||for the Year||
|||Public|Benefit||||l7|
|||Financial
Review and Results for 202I/22|||||20|
|||Principal
Risks and Uncertainties|||||21|
|||Going|Concern||||25|
|||Future|Plans||||26|
|||Directors'|Responsibilities
Statement||||27|
|Independent||auditor's|report||||28|
|Statutory|financial statements
ofthe Company||||||32|
|Notes to|the financial||statements|||||
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|||||2022|2021|
|---|---|---|---|---|---|
|Energy consumption|used to calculate emissions||(kWh)|7,331,913|7,598,834|
|Energy consumption|break|down (kWh):||||
|~ gas||||4,955,618|5,556,364|
|~ electricity||||1,752,356|I,635,306|
|~transport
fuel||||623,940|407,164|
|Scope
I emissions|in metric tonnes CO2e|||||
|~gas||||907.67|1017.7|
|~transport
fuel||||180.54|I
I6.07|
|Total Scope
I||||10&8.21|I 133.77|
|Scope 2 emissions|in metric tonnes CO2e|||||
|~ Purchased
electricity||||372.08|347.22|
|Scope 3 emissions|in metric tonnes CO2e|||||
|~ Business travel|in employee
owned vehicles|||0.15|0.08|
|~ Business travel|by taxi|||1.48|0.83|
|Total scope 3||||1.64|0.91|
|Total gross emlssions
in||metric tonnes CO2e||1,461.93|1,481.9I|
|Intensity ratio: Emlsslons||in tonnes CO2e|per pupil||I.I94|
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|||||Unrestricted|Restricted||Total|Total|
|---|---|---|---|---|---|---|---|---|
||||Notes|Funds|Funds|Endowed|2022|2021|
|||||F000|F000|OOOO|e000|e000|
|Income and endowments|from:||||||||
|Charitable
Activities|||||||||
|School fees receivables||||27,968|||27,968|24,500|
|Ancillary trading income||||1,505|||1,505|1,321|
|Other trading activities|||||||||
|Non-ancillary
trading income||||108|||108|42|
|Investments|||||||||
|Bank and other interest|||||||||
|Other - Grants and donations|||||||||
|Grants and donations||||21|15|150|I86|519|
|Other incoming
resources||||31|||31|65|
|TOTAL INCOME||||29,641|15|150|29,806|26,447|
|Expenditure
on:|||||||||
|Raising funds|||||||||
|Non-ancillary
trading|||||||848|615|
|Financing costs||||136|||I36|98|
|Fundraising
and Development||||61|||61|71|
|TOTAL RAISING FUNDS|||sa)|1,045|||1,045|784|
|Charitable
Activities|||||||||
|Education
and grant making|||sa)|26,175|||26, 175|24,827|
|TOTAL EXPENDITURE||||27,220|||27,220|25,611|
|Unrealised
gains on investment||assets|14|||(118)|( I IS)|383|
|Net income||||2,421|15|32|2,468|1,219|
|Transfers
between
funds|||23|(258}|258||||
|Net Movement
in funds forthe year||||2,163|273|32|2,468|1,219|
|Fund balances at
I September||||31,963|4,452|669|37,084|35,865|
|FUND BALANCES ASAT 31 AUGUST||||34,I26|4,725|70 I|39,552|37,084|
##
##
||||Unrestricted|Restricted||Total|Total|
|---|---|---|---|---|---|---|---|
|||Notes|Funds|Funds|Endowed|2022|2021|
||||8000|8000|f.'000|il'000|8000|
|Income and endowments|from:|||||||
|Charitable
Activities||||||||
|School fees receivables|||27,968|||27,968|24,500|
|Ancillary trading income|||1,505|||1,505|1„321|
|Other trading activities||||||||
|Non-ancillary
trading income|||20|||20|20|
|Investm ents||||||||
|Bank and other interest||||||8||
|Other - Grants and donations||||||||
|Grants and donations|||45|15|150|210|532|
|Other incoming
resources|||30|||30|65|
|TOTAL INCOME|||29,576|15|150|29,741|26,438|
|EXPENDITURE ON:||||||||
|Raising funds||||||||
|Financing costs|||134|||134|95|
|Fundraising
and Development|||61|||61|71|
|TOTAL RAISING FUNDS||ab)|195|||195|166|
|Charitable
Activities||||||||
|Education
and grant making||sb)|26,946|||26,946|25,43$|
|TOTAL EXPENDITURE|||27,141|||27,141|25,61)2'|
|Unrealised
gains on investment|assets|14|||(118)|(118)|3II3|
|Net income|||2,435|15|32|2,482|1,219|
|Transfers
between
funds|||(258)|258||||
|Net Movement
in funds forthe year|||2,177|273|32|2482|1,219|
|Fund balances at
I September|||31,823|4,452|669|361944|35,725|
|FUND BALANCES ASAT|31 AUGUST||34,000|4,725|701|39,426|36,944|
##
##
|||Group||Charity||
|---|---|---|---|---|---|
|||Total 2022|Total 2021|Total 2022|Total 2021|
||Notes|@000|f.'000|E'000|6'000|
|FIXEDASSETS||||||
|Tangible assets|13|49,156|46,378|49,008|46,268|
|Securities
Investments|14|2,229|2,206|2,229|2,206|
|||51,385|48,584|51,237|48,474|
|CURRENT ASSETS||||||
|Stock||24||24||
|Debtors|15|574|428|733|397|
|Cash at bank and in hand||3,483|2,405|3332|2,356|
|||4,081|2,840|4,089|2,760|
|CURRENT LIABILITIES||||||
|Creditors
payable within one year|is|(I1,299)|(8,127)|(Il,285)|(8,077)|
|NET CURRENT LIABILITIES||(7,218)|(5,287)|(7,I96)|(5,317)|
|TOTAL ASSETSLESSCURRENT LIABILITIES||44,167|43,297|44,041|43,157|
|LONG TERM LIABILITIES||||||
|Creditors
payable after one year||(4,599)|(6,096)|(4,599)|(6,096)|
|TOTAL NET ASSETSEXCLUDING PENSION||||||
|||39,568|37,201|39,442|37,061|
|LIABILITY||||||
|Net pension
liability|26|(16)|(117)|(I6)|(117)|
|NET ASSETS||39,552|37,084|39,426|36,944|
|REPRESENTED BY:||||||
|CALLED UP SHARE CAPITAL|22|||||
|ENDOWED FUNDS|23|701|669|701|669|
|RESTRICTED FUNDS|23|4,725|4,452|4,725|4,452|
|UNRESTRICTED FUNDS||||||
|General reserve|23|34,126|31,963|34&000|31,823|
|||39,552|37,084|39,426|36,944|
##
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|Statement ofcash flow|||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||K'000|it'000|
|Cash flows from operating
activities:|||||||||
|Net cash provided by (used in) operating||activities|||||6,532|3,162|
|Cash flows from investing
activities:|||||||||
|Proceeds from the sale ofproperty,
plant||and|equipment||||||
|Purchase ofproperty,
plant and equipment|||||||(4, 155)|(4,095)|
|Purchase ofinvestments|||||||(I4I)|(242)|
|Net cash provided
by (used in) investing||activities|||||(4,288)|(4,329)|
|Cash flows from financing
activities:|||||||||
|Repayments
ofborrowing|||||||(1,166)|(49)|
|Cash inilows from new borrowing|||||||||
|Net cash provided
by (used in) financing||activities|||||(I,I66)|(49)|
|Change
in cash and cash equivalents|in|the|reporting|period|||1,078|(1,216)|
|Cash and cash equivalents
at the beginning|||ofthe reporting||period||21405|3,621|
|Cash and cash equivalents
at the end|ofthe||reporting|period|||3,483|2,405|
|Reconciliation ofnet income/(expenditure)|||to net cash flow||from operating|activities|||
||||||||2022|2021|
||||||||IE'000|6'000|
|Net incomei(expenditure)
forthe reporting period (as per the statement of|||||||||
|financial
activities)|||||||2,468|1,219|
|Adjustments
for.|||||||||
|Depreciation
charges|||||||1,377|1,281|
|(Gains)/losses
on investments|||||||I I8|(383)|
|Loss/(profit)
on the sale offixed assets|||||||(8)|82|
|(increase)/decrease
in stocks|||||||(I7)||
|(Increase)/decrease
in debtors|||||||(I46)|236|
|Increase/(decrease)
in creditors|||||||2,740|723|
|Net cash provided
by (used in) operating||activities|||||6,532|3,162|
|Analysis ofcash and cash equivalents|||||||||
|Cash in hand|||||||3,483|2,405|
|Total cash and cash equivalents|||||||3,483|2,405|
##
##
|||||Other non.||
|---|---|---|---|---|---|
|||||cash||
||At|I Sept 202 I|Cash flows|changes|At 3 I Aug 2022|
|||OOOO|IE'000|f'000|6'000|
|Cash and cash equivalents||||||
|Cash||2,405|l,078||3,483|
|||2,405|l,078||3,483|
|Borrowings||||||
|Loans falling due within one year||(I,l50)|||(I,I 50)|
|Loans falling due after more than one year||(3,850)||1,050|(2,800)|
|||(5,000)||l,050|(3,950)|
|Total||(2,595)|I,078|l,050|(467)|
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||||2022|2021|
|---|---|---|---|---|
||||POOO|8000|
|The school fees income|comprises:||||
|Gross fees|||31,430|27,839|
|Less: Total scholarships,|bursaries,|etc.|(3,462)|(3,339)|
||||27,968|24,500|
##
##
||||2022|2021|
|---|---|---|---|---|
||||K'000|6'000|
|Extras|||500|503|
|Entrance fees and registration||fees|93||
|Pupil transport|||403|249|
|Rent receivable|and other sales||39|4I|
|Commissions|and other income||37|42|
|Sundry other income|||433|412|
||||1,505|1,321|
##
|||2022|2021|
|---|---|---|---|
|||6'000|6'000|
|Non-ancillary
trading income||||
|Lettings|income|19|19|
|Interest|receivable —pupil bills|||
|Company||20|20|
|Hurst Facilities Limited (note 27)||88||
|Group||108||
##
##
##
|||||Total|Total|
|---|---|---|---|---|---|
||Unrestricted|Restricted|Endowed|2022|2021|
||8000|f.'000|iE'000|f.'000|6'000|
|Bank interest||||||
|Other interest||||||
|Group||||||
|Other interest||||||
|Company||||||
##
|THER —G|RANTS AND D|ONATIONS|||||
|---|---|---|---|---|---|---|
||||||Total|Total|
|||Unrestricted|Restricted|Endowed|2022|2021|
|||8000|8000|8000|IE'000|8000|
|Endowment|Fund donations|||150|ISO|90|
|General donations||21|||21|51|
|Legacies|||IS|||50|
|Government|grants CJRS|||||328|
|Group||21|15|150|186|519|
|Gift aid donation: Hurst|||||24|13|
|Facilities Limited|||||||
|Company||45|15|150|2IO|532|
##
##
##
|a) Group - Total exp|enditure||||||
|---|---|---|---|---|---|---|
|||Staff costs|Support|Depreciation|||
|||(note 10)|Costs|(note 13)|2022|2021|
|||8000|OOOO|8000|6'000|8000|
|Costs of Raising funds|||||||
|Non ancillary trading||429|338|81|848|615|
|Financing cost (note|9)||136||136|98|
|Fundraising
and development|||61||61|71|
|Total cost ofraising|funds|429|535|81|1,045|784|
|Charitable
expenditure|||||||
|Teaching||12,077|1,804|367|14,248|13,437|
|Welfare||634|2,394|90|3,118|2,531|
|Premises||1,388|4,249|833|6,470|6,778|
|School administration||1,250|1,097||2,353|2,087|
|Movement
in pension|deficit||(100)||(100)|(88)|
|Governance
costs|||86||86|82|
|Education
and grant|making|15,349|9,530|1,296|26&175|24,827|
|Total Expenditure||15,778|104165|1,377|27,220|25,611|
|b) Company- Total expenditure|||||||
|||Staff costs|Support|Depreciation|||
|||(note 10)|Costs|(note 13)|2022|2021|
|||6"000|&r'000|8000|6'000|6'000|
|Costs of Raising funds|||||||
|Financing cost (note 9)|||135||135|95|
|Fundraising
and development|||61||61|71|
|Total cost ofraising funds|||196||196|166|
|Charitable
expenditure|||||||
|Teaching||12,077|2,577|367|15,021|14,048|
|Welfare||634|2,394|90|3,118|2,531|
|Premises||1,388|4,249|833|6&470|6,778|
|School administration||1,250|1,097||2,353|2,087|
|Movement
in pension|deficit||(100)||(ioo)|(88)|
|Governance
costs|||84||84|80|
|Education
and grant making||15,349|10,301|1,296|26&946|25,436|
|Total Expenditure||15,349|10,497|1,296|27,142|25,602|
##
##
|Hurstpierpoint|College reimburses
governors for out|ofpocket expenses|ofpocket expenses|including|travel|subsistence|and||
|---|---|---|---|---|---|---|---|---|
|accommodation,|where a claim is made. One governor|was reimbursed|during the||year.||||
|||||||2022||2021|
|||||||E,'000||8000|
|Remuneration|paid to auditor for audit services|||||25||23|
|Reimbursement|ofpersonal
expenses to governors||||||||
|Other governance
costs||||||60||59|
|||||||86||82|
##
|FINANCING
COSTS|||||||
|---|---|---|---|---|---|---|
||||Group||Company||
||||2022|2021|2022|2021|
||||OOOO|8000|OOOO|8000|
|Bank and other interest|payable||94|71|93|68|
|Bank charges|||70|54|69|54|
|Provision for bad and doubtful||debts|(28)||(28)|(27)|
||||136||134|95|
##
##
##
|TAFFCOST|S|||
|---|---|---|---|
|||2022|2021|
|||6'000|ir000|
|The aggregate|payroll costs for the year were:|||
|Wages and salaries||12,522|11,708|
|Social security|costs|1,215|1,135|
|Other pension|costs|2,041|1,954|
|||15,718|14,797|
|Induded
in staff costs|are|redundancies|redundancies||for employees|for employees|whose roles were made|whose roles were made|whose roles were made|redundant|redundant|and|a temination|a temination|payment|payment|on|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|medical grounds,
totalling||6110,000 (202I: nil). No|||||amounts were outstandingat||||the year-end||(202I:anil).||The|Head,||
|Chief Finacial Officer|and|Heads of Schools are classed||||||by the|college as beingthe||Key|Management||Personnel.||None||
|ofthe governors
received||remuneration|||or other benefits from||||Hurstpierpoint|College||or from any||connected body.||||
||||||||||||||6'000|||6'000||
|Aggregate
employee|benefits ofkey|||management||personnel|||||||774|||701||
|The number ofhigher|paid|employees||whose annual||emoluments|||were 660,000|or|more|was:||||||
||||||||||||||2022|||2021||
||||||||||||||No|||||
|660,001 - 670,000|||||||||||||||||10|
|670,001 - 680,000||||||||||||||||||
|680,001 - 690,000||||||||||||||||||
|690,001 - 1100,000||||||||||||||||||
|6100,001 - ir110,000||||||||||||||||||
|6110,001 - 6120,000||||||||||||||||||
|6140,001 - 6150,000||||||||||||||||||
|6300,001 - 6310,000||||||||||||||||||
|The number
with retirement|||benefits|accruing:||||||||||||||
|in Defined Contribution||schemes was||||||||||||||||
|ofwhich the contributions|||amounted||to f33,039(202|||I:fl6,040)||||||||||
|in Defined Benefit schemes|||was||||||||||13||||15|
|ofwhich the contributions|||amounted||to 6263,464||(202I:f255,978)|||||||||||
|||2022|2021|
|---|---|---|---|
|||No|No|
|Teaching|staff|226|244|
|Other||210|193|
|||436|437|
##
##
##
##
|||Freehold|Freehold|Under|Computer|Plant &|Fixtures|||
|---|---|---|---|---|---|---|---|---|---|
|||||||||Motor||
|||Land &|Improve-|Con-|Equip-|Equip-|&||Total|
|||||||||Vehicles||
|||Buildings|ments|struction|ment|ment|Fittings|||
|||if.'000|6'000|8000|8000|8000|8000|8000|8000|
|Cost||||||||||
|At
I September|2021|44,961|1,178|1,336|1,561|3,126|1,523|757|54,442|
|Additions||157|2,706|38|13|880|195|166|4 155|
|Disposals||||||(42)|-|-|(42)|
|Transfers|||1,240|(1,336)||||||
|At 3 I August|2022|45,214|5,124|38|1,574|3,964|1,718|923|58,555|
|Depreciation||||||||||
|At
I September|2021|3,736|90||688|1,583|1,320|647|8,064|
|Charge for the|year|661|36||339|166|88|87|I,377|
|Disposals||||||(42)|||(42)|
|At 3 I August|2022|4,397|126||1,027|1,707|1,408|734|9,399|
|Net book value at 31||||||||||
|August 2022||40,817|4,998|38|547|2,257|3IO|I89|49,156|
|Net book value|at 31 August|||||||||
|2021||41,225|1,088|1,336|873|1,543|203|110|46,378|
|All assets are used for charitable||purposes.||||||||
##
##
|b) Company|||||||||
|---|---|---|---|---|---|---|---|---|
||Freehold|Freehold|Under|Compute|Plant &|Fixtures|||
||Land 8|Improve-|Con-|r Equip-|Equip-|k|Motor|Total|
||||||||Vehicles||
||Buildings|ments|struction|ment|ment|Fittings|||
||8000|6'000|6'000|8000|E'000|E'000|6'000|6'000|
|Cost|||||||||
|At
I September 2021|44,961|1,178|1,336|1,561|3,126|1,523|30|53,715|
|Additions|157|2,706|38|13|880|195|47|4,036|
|Disposals|||||(42)|||(42)|
|Transfers||1,240|(1,336)||||||
|At 31 August 2022|45,214|5,124|38|1,574|3,964|1,718|77|57,709|
|Depreciation|||||||||
|At
I September 2021|3,736|90||688|1,583|1,320|30|7,447|
|Charge for the year|661|36||339|166|88|6|1,296|
|Disposals|||||(42)|-|-|(42)|
|At 31 August:2022|4,397|126||1,027|1,707|1,408|36|8,701|
|Net book value at 31 August|||||||||
|2022|40817|4998|38|547|2„257|310|41|49,008|
|Net book value at 31 August 2021|41,225|1,088|1,336|873|1,543|203|-|46,268|
##
##
##
|ECURITIES INVESTM|ENTS|||
|---|---|---|---|
|||2022|202I|
|||IE'000|6'000|
|Group investments||||
|At
I September 202 I||2,206|I,58 I|
|Investment||14 I|242|
|Unrealised
gains/(losses)|on investments|(II8)|383|
|Group investments
at|3 I August 2022|2,229|2,206|
|Investment
in subsidiaries||||
|Company
investments|at 3 I August 2022|2,229|2,206|
|Investments
comprise;||||
|Listed investments||||
|Equities||2,229|2,206|
|Group investments
at|3 I August 2022|2,229|2,206|
|Investment
in subsidiaries||||
|Company
investments|at 3 I August 2022|2,229|2,206|
##
|EBTORS||||||
|---|---|---|---|---|---|
|||Group||Company||
|||2022|202I|2022|202I|
|||6'000|8000|E,'000|8000|
|School fees receivable||203||203|56|
|Other debtors||24|37|I8|22|
|Prepayments
and accrued income||347|331|33I|3IO|
|Amounts
due from subsidiary|company|||I8 I||
|||574|428|733|397|
##
##
##
|||||||||
|---|---|---|---|---|---|---|---|
|CREDITORS:|amounts||falling due within one year|||||
|||||Group||Company||
|||||2022|2021|2022|2021|
|||||f.'000|8000|f'000|8000|
|Bank loan (Note 18)||||I, I50|1,150|I,I50|1,150|
|Net obligations|under finance leases (Note 20)||||16|||
|Deposits from|parents|||1,228|448|1,228||
|Fees received from parents|||in advance ofterm|5,062|3,771|5,062|3,771|
|Trade creditors||||1,853|1,057|1,848|1,037|
|Taxation and social security||||293|285|293|285|
|Other creditors|||||66|IOB||
|Pension||||245|238|245|238|
|Fees in Advance|Scheme|(Note 19)||1,054|824|1,054|824|
|Accruals||||303|272|297|258|
|||||11,299|8,127|I I,285|8,077|
|CREDITORS: amounts||falling due after one year||||||
|||||Group||Company||
|||||2022|2021|2022|2021|
|||||6'000|E'000|6'000|8000|
|Bank loan (Note|18)|||2,700|3,850|2,700|3,850|
|Deposits from parents||||1,091|1,751|1,091|1,751|
|Fees in Advance|Scheme (Note 19)|||808|495|808|495|
|||||4,599|6,096|4,599|6,096|
##
##
##
##
|CREDI|TORS: amounts|falling due after one year (continued)|||
|---|---|---|---|---|
||||2022|202l|
||||6'000|8000|
|Over 5|years||35 I|440|
|Within|2to 5 years||399|629|
|Within|I to 2years||342|682|
|Deposits from parents|||I,092|l,75 I|
|Within|I year||I,228||
||||2,320|2, I99|
|BANK|LOAN||||
||||2022|202I|
||||OOOO|8000|
|The bank loan is repayable||in instalments|||
|Due within 2to 5years|||2,700|3,850|
|Due after more than one||year|2,700|3,850|
|Due within
I year|||I, I 50|I,150|
||||3,850|5,000|
##
##
|FEESIN ADVANCE
SCHElvlE|FEESIN ADVANCE
SCHElvlE|||||
|---|---|---|---|---|---|
|Parents
may enter into a contract to pay school fees in advance. Assuming||pupils|will remain|in the school,|Advance Fee|
|Contracts
will be applied as follows:||||||
|||||2022|202l|
|||||K'000|8000|
|Due after 5 years||||I36||
|Within 2to 5years||||389|l95|
|Within
I to 2years||||283|30l|
|Due after more than one year||||808|496|
|Within
I year||||I,054|824|
|||||I,862|1,320|
|Summary
ofmovements|in liability|||||
|Balance at
I September 202 l||||I,320|1,64 I|
|New contracts||||I,82 I|799|
|Repayments||||(I6)|(I I 0)|
|Amounts
used to pay fees||||(I,292)|(l,037)|
|Financing cost||||30|27|
|Balance at 31 August 2022||||1,863|l,320|
##
##
|||2022|202I|
|---|---|---|---|
|||8000|8000|
|Amounts|falling due:|||
|Within|I to 2 years|||
|Due after more than one year||||
|Within|I year||16|
||||l6|
##
||||2022|202I|
|---|---|---|---|---|
||||E'000|6'000|
|Within|I|year|29|30|
|Within|I|to 5years|||
||||29|59|
##
|SHARE CAPI|TAL|||
|---|---|---|---|
|||2022|2021|
|Authorised||||
|l00 Ordinary|Shares of Kl each|l00|IQO|
|Allotted, called up and fully paid||||
|IOQ Ordinary|Shares of Kl each|IOO|100|
|Ordinary
Share Rights||||
##
##
##
|Group|and Compa|ny||||||
|---|---|---|---|---|---|---|---|
|||||Movements|in funds|||
||||Balance at|Investment|||Balance at|
|||||Income||Transfers||
||||I Sep2I||Gains||3I Aug 22|
||||8000|OOOO|8000|IE'000|6'000|
|Special|Endowment|Fund|669|l50|(IIS)||70I|
||||669|150|( I l8)||701|
|Group|and Company|||||||
|||||Movements|in funds|||
||||Balance at|Investment
Income||Transfers|Balance at|
||||I Sep 20||Gains||3I Aug 2I|
||||6'000|6'000|6'000|6'000|6'000|
|Special|Endowment|Fund|286||383||669|
||||286||383||669|
##
##
##
##
##
|||||Income I||||
|---|---|---|---|---|---|---|---|
||||Balance at||||Balance at|
||||I Sep 21|Investment
Gains|Expendit:ure|Transfers|3I Aug 22|
||||8000|8000|8000|E*OOO|6'000|
|Endowment|Fund||3,745|||228|3,973|
|Special Endowment||Fund|46||||46|
|Woodard|Bursary Funds||302||||302|
|Albert Keith Parsons||Fund|50|IS|||65|
|Iva Lancelot Harison||Bursary Fund|309|||30|339|
||||4,452|IS||258|4,725|
##
|||||||Income I||||
|---|---|---|---|---|---|---|---|---|---|
||||Balance at||||||Balance at|
|||||I Sep 20|Investment
Gains||Expenditure|Transfers|3 I Aug 2 I|
|||||OOOO||f.'000|8000|EOOD|E'000|
|Endowment||Fund||2,970||||634|3,745|
|Special Endowment|||Fund|46|||||46|
|Woodard|Bursary Funds|||302|||||302|
|Albert Keith Parsons|||Fund|||50|||50|
|Iva Lancelot||Harison|Bursary Fund|294||||I5|309|
|||||3,6 I2||l9I||649|4,452|
|Transfers:-||||||||2022|202I|
|||||||||f'000|f.'000|
|Notional||bank interest on Endowment||Fund balances||||I69|160|
|Transfer|ofunused||bad debt provision|to Endowment||Fund||47|l50|
|Transfer|ofunsued||bursary budget|||||I2|324|
|Notional|bank interest on Iva Lancelot|||Harison|Bursary Fund|||30|15|
|||||||||258|649|
##
##
##
|||Balance at||||Balance at|
|---|---|---|---|---|---|---|
|||I Sep2I|Income|Expenditure|Transfers|3I Aug 22|
|||f.'000|8000|8000|OOOO|6'000|
|Group|||||||
|General|reserves|3l,963|29,64 I|(27,220)|(258)|34,I26|
|Company|||||||
|General|reserves|31,823|29,576|(27, I4 I)|(258)|34,000|
||||f4ovements
in funds||||
|||Balance at||||Balance at|
|||I Sep 20|Income|Expenditure|Transfers|3I Aug 2I|
|||8000|8000|8000|8000|6'000|
|Group|||||||
|General|reserves|31,967|26,256|(25,6 I I)|(649)|3I,963|
|Company|||||||
|General|reserves|3I,827|26,247|(25,602)|(649)|3I,823|
##
##
##
|Group||||||
|---|---|---|---|---|---|
|||||2022|2021|
||Unrestricted|Restricted|Endowed|Total|Total|
||OOOO|6'000|f'000|f'000|it'000|
|Tangible fixed assets|49,156|||49,156|46,378|
|Securities investments|||2,229|2,229|2,206|
|Net current (liabilities)/assets|(10,415)|4,725|(1,528)|(7,218)|(5,287)|
|Long term liabilities|(4,615)|||(4,615)|(6,213)|
||34,126|4,725|701|39,552|37,084|
|Company||||||
|---|---|---|---|---|---|
|||||2022|2021|
||Unrestricted|Restricted|Endowed|Total|Total|
||IE'000|IE'000|6'000|6'000|8000|
|Tangible fixed assets|49,008|||49,008|46,268|
|Securities investments|||2,229|2,229|2,206|
|Net current (liabilities)/assets|(10,393)|4,725|(1,528)|(7,I96)|(5,317)|
|Long term liabilities|(4,615)|||(4,615)|(6,213)|
||34,000|4,725|701|39,426|36,944|
##
|At 31 Augus|t 2022, the|char|ity|and|group
had|ca|pital|commitments
as follows:|||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2022|2021|
||||||||||IE'000|if.'000|
|Expenditure|contracted|for|but|not|provided|in|the|accounts||1,576|
##
##
##
##
##
##
##
##
##
|Assumptions|2022|202I|2020|
|---|---|---|---|
||/o per annum|9oper annum|Xper annum|
|Rate ofdiscount|4.46|0.63|0.55|
##
|||2022|2021|2021|
|---|---|---|---|---|
|||IE'000|/r'000||
|Year|I|||33|
|Year|2|||34|
|Year|3|||35|
|Year|4|||IS|
|Year|5||||
|||17|I|I7|
##
##
##
##
##
##
##
|Year Ended 3I August 2021|Year Ended 3I August 2021|Un-||||
|---|---|---|---|---|---|
|||restricted|Restricted|Endowed|Total|
|||8000|8000|E.'000|f.'000|
|Income and endowments|from:|||||
|Charitable
Activities||||||
|School fees receivables||24,500|||24,500|
|Ancillary trading income||1,321|||1,32 I|
|Other trading activities||||||
|Non-ancillary
trading income||42|||42|
|Investments||||||
|Bank and other interest||||||
|Other- Grants and donations||||||
|Grants
and donations||328|191||5I9|
|Other incoming
resources|||||65|
|TOTAL INCOME||26,256|191||26,447|
|Expenditure
on:||||||
|Raising funds||||||
|Non-ancillary
trading||615|||6I5|
|Financing costs||98|||98|
|Fundraising
and Development||71|||7I|
|TOTAL RAISING FUNDS||784|||784|
|Charitable
Activities||||||
|Education
and grant making||24,827|||24,827|
|TOTAL EXPENDITURE||25,611|||25,6 I I|
|Unrealised
gains on investment|assets|||383|383|
|Net income||645|191|383|l,2 I9|
|Transfers
between
funds||(649)|649|||
|Net Movement
in funds forthe year||(4)|840|383|I,219|
|Fund balances at
I September||31,967|3,612|286|35,865|
|FUND BALANCES ASAT|31AUGUST|3 I 963|4 452|669|3|084|
##
##
##
##
##
##
##
|2022|2021|
|---|---|
|E'000|8000|
|2,229|2,206|
##