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|---|---|---|---|
|Administrative|Details|||
|Report ofthe|Trustees||2to 6|
|Report ofthe|Independent|Auditors|7to9|
|Statement of|Financial Activities||10|
|Balance Sheet||||
|Statement of|Cash Flows||12|
|Notes to the Financial Statements|||13to 18|
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|Statement of Financial Activities for the|Year Ended 31|Au ust 2022||
|---|---|---|---|
|||31.8.22|31.8.21|
||Notes|Total Funds|Total Funds|
|||E|E|
|INCOMING
RESOURCES||||
|Incoming resources from||||
|generated
funds||||
|Activities for generating
funds||E1,208,740|1,002,642|
|RESOURCES EXPENDED||||
|Charitable
activities||||
|Teaching costs and school expenses|3/8|870,217|731,334|
|Premises costs|3|71,863|61,870|
|Management
and administration|3/4|56,620|54,092|
|Governance
costs|5|7,850|7,099|
|Other resources expended||115,346|101,184|
|Total resources expended||1,121,896|955,579|
|NET INCOMING/OUTGOING||||
|RESOURCES BEFORE REVALUATION||86,844|47,063|
|Unrealised
surplus
on revaluation||||
|offreehold
property||||
|NET INCOMING||||
|RESOURCES AFTER REVALUATION||86,844|47,063|
|RECONCILIATION
OF FUNDS||||
|Total funds brought forward||1,894,017|1,846,954|
|TOTAL FUNDS CARRIED FORWARD||1,980,861|1,894,017|
##
|Balance Sheet as at 31Au ust|Balance Sheet as at 31Au ust|2022||||
|---|---|---|---|---|---|
|||||31.08.22|31.08.21|
||||Note|||
|FIXEDASSETS||||||
|Tangible Assets||||E1,870,308|1,866,260|
|CURRENT ASSETS||||||
|Debtors|||10|19,810|23,898|
|Cash at Bank and on hand||||515,480|459,428|
|Total Current Assets||||535,290|483,326|
|CREDITORS||||||
|Amounts
falling due within one year|||11|(261,687)|(286,029)|
|Loans|||14|||
|NET CURRENT (LIABILITIES)/ ASSETS||||273,603|197,298|
|TOTAL ASSETS LESSCURRENT||LIABILITIES||2,143,911|2,063,558|
|CREDITORS||||||
|Amounts
falling due after more than one year||||||
|Loans||||(163,050)|(169,541)|
|NET ASSETS||||1,980,861|1,894,017|
|FUNDS||||||
|Unrestricted
funds|||13|1,680,861|1,594,017|
|Freehold
Property|Revaluation|Reserve|9|300,000|300,000|
|TOTAL FUNDS||||1,980,861|1,894,017|
##
|||||||Notes|Notes|31.08.22|31.08.21|
|---|---|---|---|---|---|---|---|---|---|
|Net cash generated|from|operating||activities|||15|100,531|173,120|
|Cash flows from investing||activities||||||||
|Interest income||||||||||
|Purchase oftangible|fixed|assets||||||(37,988)|(27,948)|
|Disposals oftangible|fixed|assets||||||||
|Cash used in investing
activities||||||||(37,988)|(27,948)|
|Cash outflows from|financing
activities|||||||||
|(Decrease)/ increase|in loans|||||||(6,491)|(6,490)|
|Cash (spent on)/generated||from|financing|||activities||(6,491)|(6,490)|
|Increase in cash and|cash|equivalents|||in the year|||56,052|138,682|
|Cash and cash equivalents||at the|beginning|||ofthe|year|459,428|320,746|
|Total cash and cash|equivalents||at the||end|ofthe year||515,480|459,428|
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|2.|ACTIVITIES FOR GENERATING
FUNDS|ACTIVITIES FOR GENERATING
FUNDS|ACTIVITIES FOR GENERATING
FUNDS|ACTIVITIES FOR GENERATING
FUNDS||||
|---|---|---|---|---|---|---|---|
|||||||31.8.22|31.8.21|
|||||||E|E|
||School fees receivable|||||1,047,714|897,956|
||Grants and donations|||||4,970|7,526|
||Trading turnover|catering||||121,027|82,156|
||Other income|||||35,029|15,004|
|||||||1,208,740|1,002,642|
|3.|CHARITABLE ACTIVITIES||COSTS|||||
||||||Direct costs|Support costs|Totals|
|||||||(See note 4)||
||||||E|E|f|
||Teaching costs and school expenses||||870,217||870,217|
||Premises costs||||71,863||71,863|
||Management
and|administration||||56,620|56,620|
||||||942,080|56,620|998,700|
|4.|SUPPORT COSTS|||||||
|||||||31.08.22|31.08.21|
||Management
and|administration||||56,620|54,092|
|5.|GOVERNANCE
COSTS|||||||
|||||||31.8.22|31.8.21|
||Auditors'
Fees|||||4,000|4,000|
||Other costs|||||3850|3 099|
||Total|||||7,850|7,099|
||NET INCOMING/(OUTGOING)|||RESOURCES||||
||Net resources are stated||after|charging:||||
|||||||31.8.22|31.8.21|
|||||||E||
||Audit fees, accountancy||and inspection costs|||7,850|7,099|
||Depreciation —owned assets|||||32 344|29499|
||Total|||||40,194|36,598|
##
|8.|STAFF COSTS||||
|---|---|---|---|---|
||||31.8.22|31.8.21|
||||E|f|
||Wages and salaries||667,692|584,090|
||Social security costs||57,114|45,892|
||Other pension costs||69,334|60,657|
||Other Staff Costs||8,094|4,691|
||||802,234|695,330|
||||31.8.22|31.8.21|
||Teaching||21|19|
||Administration||4|4|
||Facilities||1||
||||26|24|
|9.|TANGIBLE FIXEDASSETS||||
|||Freehold|Other||
|||Property||Totals|
|||E||f|
||COST||||
||At 1September 2021|1,800,000|346,089|2,146,089|
||Additions||37,988|37,988|
||At 31August 2022|~1800000|384 077|~2184077|
||DEPRECIATION||||
||At 1September 2021||279,829|279,829|
||Charge for year||33,940|33,940|
||At 31August 2022||313,769|313,769|
||NET BOOK VALUE||||
||At 31August 2022|1,800,000|70,308|1,870,308|
||At 31August 2021|1,800,000|66,260|1,866,260|
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|10.|DEBTORS||||
|---|---|---|---|---|
||||31.8.22|31.8.21|
||||E|f|
||Fees||3,413|531|
||Bad Debt Provision||||
||Total Net Fee Debtors||3,413|531|
||Prepayments||16,397|21,048|
||Other debtors|||2,850|
||||19,810|23,898|
|11.|CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
||||31.8.22|31.8.21|
||||E|E|
||Trade creditors||40,895|30,737|
||Social Security Costs and|Taxes|20,639|20,525|
||Accrued expenses||5,250|6,686|
||Feesin advance||106,399|160,062|
||End ofTerm Deposits||65,900|58,800|
||Other creditors||22,604|9,219|
||Total||261,687|286,029|
##
|12.|MOVEMENT|MOVEMENT|IN|DEFERRED INCOME|DEFERRED INCOME|DEFERRED INCOME|DEFERRED INCOME||||
|---|---|---|---|---|---|---|---|---|---|---|
||Fees in advance||||||||31.8.22|31.8.21|
||||||||||E|E|
||Amounts|brought|||forward||||160,062|76,942|
||Amounts|paid|in advance this|||year|||106,399|160,062|
||Amounts|released|||||||~160062|{776942|
||Amounts|carried|||forward||||106,399|160,062|
|13.|MOVEMENT||IN|FUNDS|||||||
||||||||||Net movement||
|||||||||At 1.9.21|in funds|At 31.8.22|
|||||||||E|E|E|
||General|fund|unrestricted|||||1,594,017|86,844|1,680,861|
||Freehold|Property|||Revaluation|Reserve||300,000||300,000|
||Total Funds|||||||1,894,017|86,844|1,980,861|
||Net movement|||in|funds, included||in the above are as follows:||||
|||||||||Incoming|Resources|Movement|
|||||||||resources|expended|in funds|
|||||||||E|f||
||Unrestricted||funds||||||||
||General|fund||||||1208 740|1121896|86844|
||TOTALFUNDS|||||||1,208,740|(1,121,896)|86,844|
##
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||||||2022|2021|
|---|---|---|---|---|---|---|
||||||f|E|
|Net movement
in funds|||||86,844|47,063|
|Add back depreciation
charge|||||33,940|29,499|
|Deduct interest
income shown||in investing||activities|||
|Deduct unrealised
surplus|on|revaluation||offreehold|||
|property|||||||
|Decrease
in debtors|||||4,088|2,000|
|(Decrease)/ increase
in creditors|||||(24,557)|94,558|
|Net cash generated
from|operating||activities||100,315|173,120|