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2022-08-31-accounts

Trustees and Oirectors Trustees and Oirectors
The trustees ofthe charity, who are directors ofthe company, are as follows;
Ms AThimont
Mr G A Smith
Mr M Leclerq
Mr R Barraclough
Ms SBadger (appointed 22 March 2022)
Governors
Ms M D'Aprano (Chair)
Miss G Deen
Mrs H Hogben
Mr M Jones
Mr C King
Mrs M Monaghan
Mr P Morgan
Ms J O'Meara
Mrs TTownsend
Ms BTurner
Mrs CWhatling
Secretary
Mrs
H Robinson
Heod
Ms C Molina-Freire
Clerk to Governors
Mrs A King
Bursar
Mrs H Robinson

School Places
Offered
Scholarships
City of London
Claremont
Fan Court
Emanuel
School, London
Godolphin
& Latymer
Guildford
High School
Kingston
Grammar
School,
Lady Eleanor Holies School,
Marymount
International,
Notre Dame, Cobham 10 3Academic
Putney
High, Putney
St.John's School,
St Paul's Girls School
StTeresa's 1Sports
Surbiton
High School,
18 4Academic, 1Drama,
Sutton
High School, Sutton
10 1Academic, 1Drama
The Holy Cross School,
Tiffin Girls' School,
Ursuline
High School,
Wimbledon
High School,

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URSULINE PREPARATORY SCHOOL WIMBLEDON TRUST URSULINE PREPARATORY SCHOOL WIMBLEDON TRUST URSULINE PREPARATORY SCHOOL WIMBLEDON TRUST URSULINE PREPARATORY SCHOOL WIMBLEDON TRUST
BALANCE SHEET AT 31AUGUST 2022 Compan Re istration Number: 03914222
Notes 2022 2021
Fixed assets
Tangible fixed assets 5,010,476 5,137,228
Current assets
Debtors 67,724 59,402
Cash at bank and in hand 848 682 714522
916,406 773,924
Creditors: amounts falling due within one year 10 (553788) (540 689)
Net current assets 362 618 233 235
Total assets less current liabilities 5,373,094 5,370,463
Creditors: amounts falling due
after more than one year (2 094332) (2 233 787)
Net assets 3 278762 3 136676
Funds
Unrestricted
Capital reserve fund 2,906,427 2,869,648
General fund 365,712 260,405
Special Gifts fund 6 123 6 123
3,278,262 3,136,176
Restricted
Ursuline
Links
500 500
3 278762 3 136676

2022 2021
E E
Net cash provided
by operating
activities (see below) 354,002 182,285
Cash flows from investing activities
Payments
made in respect
offixed asset additions ( 8,121)
Proceeds realised on fixed asset disposals
Net cash (used in) investing activities 8 121)
Cash flows from financing activities
Interest paid ( 48,190) ( 40,493)
Loan(repayments) (163,531) (153,231)
Loan advances
Net cash (used in) financing
activities
(211721) (193724)
Net cash inflow/(outflow) 134,160 ( 11,439)
Cash and cash equivalents at 1September 2021 714522 725 961
Cash and cash equivalents at 31August 2022 848 682 714522
Note: Cash flows from operating activities
Net income 142,086 22,264
Depreciation 134,873 159,498
Loss on disposal offixed assets 16,789
Loan interest payable
included
in financing activities 48,190 40,493
(Increase)/decrease
in debtors
( 8,322) 27,508
Increase/(decrease)
in creditors
37 175 84 267)
Net cash provided
by operating
activities 354002 182 285
Analysis ofchanges
in net
debt At 1September Cash Other non- At 31August
2021 flows cash changes 2022
f f E
Cash at bank 714,522 134,160 848,682
Bank and other loans repayable within one year ( 170,893) 170,893 (143,719) ( 143,719)
Bank and other loans repayable after more than one year (2 096 687) ( 7 362) 143719 (1960330)
Total net debt (1 553 058) 297 691 (1 255 367)

Freehold
buildings
—50years
Security system —10years
Equipment
and computer
system —3to Syears
School equipment —3to 10years

Unrestricted Restricted Total Total
Funds Funds 2022 2021
f f f
Grants received (excluding CJRS) 101,282 101,282 121,749
Donations received 988 7083 8 071 1012
Total Grants and Donations received 102 270 7083 109353 122761

3. OTHER TRADING ACTIVITIES ACTIVITIES ACTIVITIES
Unrestricted Restricted Total Total
Funds Funds 2022 2021
f f f f
Income from sundry activities 106,934 106,934 35,341
Expenditure
on sundry
activities ) 41037) ) 41037) ( 6743)
Net income 65 897 65 897 28 598
4. INCOME FROM OTHER SOURCES
Unrestricted Restricted Total Total
Funds
f
Fundsf 2022
f
2021
f
Hire of hall 31685 31685 24 555
5. TOTAL EXPENDITURE
2022 2021
Staff Other Depreciation Total Total
costs
f
costs
f
&Impairment
f
Charitable
activities
Teaching costs 1,278,771 198,650 6,811 1,484,232 1,645,310
Premises 192,797 116,797 309,594 308,164
Support costs 269 715 96618 11265 377 598 423717
1,548,486 488,065 134,873 2,171,424 2,377,191
Raising funds
Fundraising
trading
costs(note 3) 41,037 41,037 6,743
Marketing
and publicity
10,158 10,158 8,488
Bank and loan interest 48,190 48,190 40,493
Bad debt (recovery)/expenditure 5 925
Total expenditure 1548486 587450 134873 2270809 2438840
Included
in other support costs are the following:
2022
f
2021
f
Stationery 10,841 10,735
Computer costs 36,442 45,396
Telephone
and postage
4,195 4,512
Legal and other professional fees 16,264 19,271
Governance
costs:
audit 6,060 5,999
Accountancy 11,395 11,528
Sundry expenses 10,018 21,833
Insurance 1,865 1,715
Travel and subsistence ( 462) 308
Total other support costs 96618 121297

2022 2021
E E
Wages and salaries 1,257,973 1,375,228
Socia I security costs 110,731 128,973
Pension contributions 179782 234030
1548 486 1738 231
The average number ofemployees (based on headcount) in the year was:
Teaching 34 38
Support staff 10 15
44 53

7. TANGIBLE FIXED ASSETS
Freehold Equipment
land & Security &computer School
buildings system System Equipment Total
E E E f
Cost
At 1September 2021 6,041,389 89,246 261,619 168,357 6,560,611
Additions 8,121 8,121
Disposals
At 31August 2022 6 D41 389 89 246 269740 168 357 6568732
Depreciation and impairment
At 1September 2021 971,675 80,034 225,137 146,537 1,423,383
Charge for the year 100,722 2313 25,027 6,811 134,873
Released
on
disposal
At 31August 2022 1072 397 82 347 250 164 153 348 1558 256
Net Book Value
At 31August 2022 4968 992 6899 19576 15 009 5 D10476
At 31August 2021 5 069 714 9212 36482 21 820 5 137228
8. DEBTORS
2022 2021
E E
School fees 15,873 23,893
Prepayments 51 851 35509
67 724 59402

9. CASH AT BANK AND IN HAND 9. CASH AT BANK AND IN HAND 9. CASH AT BANK AND IN HAND 9. CASH AT BANK AND IN HAND
2022 2021
f f
Deposit accounts 847,482 709,148
Current accounts 1,000 5,174
Petty cash 200 200
848 682 714522
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
f f
Trade creditors 66,270 40,594
Fees received in advance 254,596 215,381
Deposits 29,900 56,400
Loan Repayments to the Roman Union ofthe Order ofSt Ursula 28,008 28,008
Loan repayments due to HSBC Bank pic 115,711 142,885
Other taxes and social security 29,678 32,762
Staff pensions 14,690 2,329
Accruals 14935 22 330
553 788 540 689
11.CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
f f
Deposits 134002 137100
Loan repayments due to Roman Union ofthe Order ofSt Ursula
In 1-2years 28,008 28,008
In 2-5years 41,972 69,980
After 5years
69980 97988
Loan repayments due to HSBC Bank pic
In 1-2years 120,884 145,559
In 2-5 years 394,854 454,275
After 5years 1374612 1398865
1890 350 1998 699
2094332 2 233 787

Result
Balance from Balance
B/F SOFA Transfers C/F
2022 f f f f
Unrestricted
Capital reserve 2,869,648 36,779 2,906,427
General 260,405 135,494 (30,187) 365,712
Special Gifts 6 123 6 123
3,136,176 135,494 6,592 3,278,262
Restricted
Parents' Association 6,592 ( 6,592)
Ursuline Links 500 500
3136 676 142086 3 278 762
2021
Unrestricted
Capital reserve 2,892,704 (23,056) 2,869,648
General 215,085 22,264 23,056 260,405
Special Gifts 6 123 6 123
3,113,912 22,264 3,136,176
Restricted
Parents' Association
Ursuline Links 500 500
3 114 412 22 264 3136676

2022 2021
E f
Within one year 9,255 20,018
Within two to five years 2 777 12032
12032 32 050
Lease costs expended during the year amounted to f20,018(2021:f19,301).