2022-08-31-accounts - The Southdown School Trust

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		Unrestricted	Restricted	Total	Total
		Funds	Funds	funds	funds
		2822	2022	2022	2021
Income from:		5	8	8	5
Charitable ec5vtges —Nursery	fees	113,143		113,143	109,445
Donations		2,090	3,621	5,711	2.219
Total Income		115,233	$,621	118,854	111,864
Expenditure on:
Charitable activl8ss		119W76		110A76	114,112
Total expenditure		119A75		119,475	114,112
Net expenditure/movement	In funds	f4843)	3,621	f622)	I2,448)
Total funds brought forward		39,248		$9,248	41.695
Total funds carried forward		35,005	3,621	38,626	39,248

		Notes
Fixed assela
Tangible assets				24,247		28,085
Current assela
Cash at bank and In	hand		33,181		28.238
Dsbtom			105
			33,286		28,323
Creditors: amounts	falling due
within one year		10	(18,907)		O7,140)
Net current assets				14,379		1'l,183
Total assets less current liabilities				38,628		39,248
Net assets				38,628		39248
The funds ofthe charity
Unrestricted funds				35,005		39248
Restricted funds				3,621
				38,828		39,248

	Support costs are those costs Incurred directly In support ofexpen	diture on the ob	je	cts c	fthe	charit	y.
	Tangible fixed assets and depreciation
	Tangible fixed assets are capitalised at cost or, in the case of5xsd assets that have been donated						to the
	charity, at valuation at the time ofacquisition and dspmctated over their estimated		useful		economic		Ne cn
	a straight-line basis as follows:
	Asset category Annual rate
	Leasehold Improvements 10years
	Fixtures, Fittings &Equipment 4years
2.8	Fund accoungng
	Unrestricted general funds -funds which csn be used in accordance with the chsritable				objects at the
	discretion ofths trustees and which have not been designated for other purposes. Restricted funds - funds which sre subject todonor imposed restrhgcns.
27	Taxatlon
	Asa charity, The Southdown School Trust is exempt from tsx on income and gains		tothe		extent that these
	are applied to its charitable objects.
2.8	Creditors and provisions
	Creditors and provisions are recognised where the charity has s	present obligation		resulting		from	a psst
	event that will probably msult in the transfer of funds tc a third	party and ths amount			due to settle the
	obligation cen be measured orestimated reliably.
	Cash at bank and in hand
	Cash at bank and In hand includes cash and short term highly liquid investrnsnts.			The	Trustees seek to
	uss short term dsposks where possible to maximise the return on	monies held atthe bank and				to menage
	cash flow.
210	Debtors
	Trade and other debtors are recognised at the ssidsment amount due. Prspsyments				are valued		at the
	amount prepaid.
2.11	Critical accoungng estimates and Judgements In ths applicebon cf the charity's scrmunung potiaes, the trustees are required			to make judgements,
	esgmates and assumptions about the canying amount ofassets and gabilgles that		ars not readily apparent
	from other sources. The estimates and associated assumptions	are based on historical experience and
	other factors that sre considered to be relevant. Actual results msy differ from these			estimates.
	The estimates and underlying assumpgons are reviewed on an	ongoing basis. Revisions to				accounting
	estimates are recognised in the period in which the esgmste ls revised.
	Ths trustees do not consider that there are any critical estimates	or areas ofJudgement			that	need to be
	broughl to lhe attention ofthe readers ofthe gnsndal statements.

		StaN	Deprecls0on		Total	Total
		costs
					2022	2021
					6	2
Charitable acthrl6ss - nursery school
Direct charitable	ac8vlty	95,685	3,618	17,179	116,$82	111,016
Support costs (nots 4)				2,794	2,784	3,098
		95,685	3,818	19,973	119,476	114,112

4	Support Co	sts
				2022	2021
				2	2
	Admln costs			1,504	1,926
	Governance	costs (note	5)	1,290	1,170
				2,7$4	3,098
5	Governance	Costs
					2021
					2
	Independent	examination	fees	1,290	1,170
				1,2$0	1,170

StaffCosts
	2022f	2021f
Wages 8 sslades	88,712	88,420
Social security costs	3,277	2,975
Pension	3,696	1/55
	65,685	92,850

	totalling f111during the year (2021:fNi0.	Them were no related party transacgo	ns during the y	ear.
8	Tangible Eixed assets
		Leasehold	Fixtures,	Total
		Improvements	Fitungs &
			Equi pment
	Cost
	At 1 September 2021	111,818	21,087	132,883
	Additions
	As at31August 2022	111,816	21,067	132,883
	Depreciation
	At 1 September 2021	83,751	21,057	104,818
	Charge forthe year	3,818		3,818
	At31August 2022	67,669	21,067	108,636
	Net book value
	At 31August 2022	24,247		24,247
	At 31August 2021	28,085		28,085

								2021
								2
	Trade debtors						106
							105
10	Creditors:	smounla	falgng due wfthln one year				2022 5	2021 f
	Trade creditors						996	50
	Accrual s						1,842	1,301
	Dehmsd Income						16,069	15,789
							16,907	17,140
			As at1					Aa at31
11	Restricted	funda:	September					August
			2021 6	Income 5	Expenditure	f	Transfers 6	2022 8
	Resurfsdng	of
	playground			3,521				3,621
				3,621				3.621

Analysis ofnet assets between funda	Analysis ofnet assets between funda	Unrestricted	Restricted	Total
		funds	funds
Forthe year ended	31August 2022	8	8
Fixed assets		24,247		24,247
Current assets		29,685	3,621	SS,286
Creditors: amounts	falling due within ons year	(18,907)		(18,907)
		S6,006	3,621	38,626
Analysts ofnet assets between funds		Unrestricted	Restricted	Total
		funds	funds
Forthe year ended	31August 2021	6	2
Cunent assets		28,055
Current asssls		28,323		28,323
Creditors: amounts	falling due within one year	(17,140)		(17,140)
		39,248		39,248