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|Trustees|||Dr Catherine|Kidd|
|---|---|---|---|---|
||||Mrs Patricia|Johnson|
||||Mr Phillip Sheard||
||||Mrs Deborah|Hillman|
||||Ms Heather|Probert|
|Secretary|||Ms Heather|Probert|
|Charity|number||1088050||
|Company||number|04050603||
|Registered||office|Avalon School||
||||Caldy Road||
||||Wirral||
||||Merseyside||
||||CH48 2HE||
|Auditor|||Xeinadin Audit Limited||
||||2 Hilliards
Court||
||||Chester Business Park||
||||Chester||
||||Cheshire||
||||CH4 9QP||
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|||Page|
|---|---|---|
|Trustees'
report||t -8|
|Independent
auditor's|report|9 - 11|
|Statement
offinancial|activities|12|
|Balance sheet||13|
|Statement
ofcash flows||14|
|Notes to the financial|statements|15-25|
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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2023|2022|
|||Notes||f|
|Income from:|||||
|Charitable
activities||3|1,291,779|1,126,553|
|Investments||4|3,766|104|
|Total income|||1,295,545|1,126,657|
|~ECht|||||
|Charitable
activities||5|1,319,834|1,129,036|
|Net expenditure|for the year/||||
|Net movement|in funds||(24,289)|(2,379)|
|Fund balances|at 1 September 2022||2,431,286|2,433,665|
|Fund balances|at 31August 2023||2,406,997|2,431,286|
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|||||2023||2022||
|---|---|---|---|---|---|---|---|
||||Notes|||8||
|Fixed assets||||||||
|Tangible assets|||||1,925,961||1,974,522|
|Current assets||||||||
|Stocks|||10|4,100||4,100||
|Debtors|||11|55,832||49,322||
|Cash at bank and|in|hand||679,654||619,846||
|||||739,586||673,268||
|Creditors: amounts||falling due within||||||
|one year|||12|(166,063)||(117,035)||
|Net current assets|||||573,523||556,233|
|Total assets less|current liabilities||||2,499,484||2,530,755|
|Creditors: amounts||falling due after||||||
|more than one year|||13||(92,487)||(99,469)|
|Net assets|||||2,406,997||2,431,286|
|Income funds||||||||
|Unrestricted
funds|||||2,406,997||2,431,286|
||||||2,406,997||2,431,286|
|Dr Cathenne|Kidd|
|---|---|
|Trustee||
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||||||2023||2022||
|---|---|---|---|---|---|---|---|---|
|||||Notes|8||6||
|Cash flows from operating||activities|||||||
|Cash generated
from operations||||20||66,405||67,535|
|Investing|activities||||||||
|Purchase|of tangible
fixed assets||||(3,381)||(6,219)||
|Investment|income received||||3,766||104||
|Net cash|generated
from/(used||in)||||||
|investing|activities|||||385||(6,115)|
|Financing|activities||||||||
|Repayment|of bank loans||||(6,982)||(8,093)||
|Net cash|used in financing|activities||||(6,982)||(8,093)|
|Net increase
in cash and cash|||equivalents|||59,808||53,327|
|Cash and|cash equivalents|at beginning||ofyear||619,846||566,519|
|Cash and|cash equivalents|at end of||year||679,654||619,846|
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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2023|2022|
|||E|E|
|Interest|receivable|3,766|104|
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||||Teaching|Catering School trips|Catering School trips|Total|Teaching|Catering School trips|Catering School trips|Total|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||2023||||2022|
||||2023|2023|2023||2022|2022|2022||
||||E|5|6||5|6|E||
|Staff costs|||753,688|||788,569|653,931|47,746||701,677|
|Supply teachers|||||||1,655|||1,655|
|Educauo net|s up pl es||17,785|||17,785|14,337|||14,337|
|Food snd drink||||42,978||42,978||38,671||38,671|
|Educatronel|vrsrts||||1,148|1,148|||3,263|3,263|
||||771,473|77,859|1,148|850,480|669,823|86,417|3,263|759,603|
|Share of support costs (ses nota 6)|||450,581|||450,581|354,966||||
|Share ofgovernance||costs (see note 6)|18,773|||18,773|14,467|||14,467|
||||1,240,827|77,859|1,148|1,319,634|1,039,356|86,417|3,263|1,129,036|
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|Support|costs|||||||
|---|---|---|---|---|---|---|---|
|||Support|Governance|2023|Support|Governance|2022|
|||costs|costs||costs|costs||
|||6|6||6|f||
|Staff costs||160,029||160,029|84,612||84,612|
|Depreciation||51,942||51,942|62,478||62,478|
|Operating|lease charges|16,586||16,586|18,646||18,646|
|Premises|costs|152,470||152,470|130,453||130,453|
|Finance||5,699||5,699|2,704||2,704|
|Welfare||5,336||5,336|9,304||9,304|
|Administration||58,519||S8,S19|46,769||46,769|
|Audit fees|||5,500|5,500||4,000|4,000|
|Accountancy|||5,915|5,915||3,013|3,013|
|Legal and|professional||7,358|7,358||7,454|7,454|
|||450,581|18,773|469,354|354,966|14,467|369,433|
|Analysed|between|||||||
|Charitable|activities|450,581|18,773|469,354|354,966|14,467|369,433|
||2023|2022|
|---|---|---|
||Number|Number|
|Teaching|28|27|
|Domestic|3|4|
|Administration|4|4|
|Total|35|35|
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|8|Employees|||||||||(Continued)|
|---|---|---|---|---|---|---|---|---|---|---|
||Employment
costs||||||||2023
f|2022f|
||Wages and salaries||||||||816,044|669,554|
||Social security costs||||||||59,705|51,862|
||Other pension costs||||||||72,849|64,873|
||||||||||948,598|786,289|
||The number ofemployees||whose annual|remuneration|was more||than f60,000||||
||is as follows:||||||||||
||||||||||2023|2022|
||||||||||Number|Number|
||In the band f80,000-|f89,999|||||||||
||In the band f90,000-|f99,999|||||||||
|9|Tangible fixed assets||||||||||
||||||Freehold|land||Fixtures and|Computers|Total|
||||||and buildings|||ettings|||
||||||||f|f|f||
||Cost||||||||||
||At 1 September 2022||||2,500,158|||188,414|58,391|2,746,963|
||Additions|||||||3,381||3,381|
||At 31 August 2023||||2,500,158|||191,795|58,391|2,750,344|
||Depreciation
and impairment||||||||||
||At 1 September 2022||||549,517|||170,622|52,302|772,441|
||Depreciation
charged|in the year|||45,621|||3,885|2,436|51,942|
||At 31August 2023||||595,138|||174,507|54,738|824,383|
||Carrying
amount||||||||||
||At 31August 2023||||1,905,020|||17,288|3,653|1,925,961|
||At 31August 2022||||1,950,640|||17,793|6,089|1,974,522|
|10|Stocks||||||||||
||||||||||2023f|2022|
||Stationery
and educational||supplies||||||4,100|4,100|
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|11|Debtors|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2023|2022|
||Amounts|falling due within||||one year:||E|E|
||Trade debtors|||||||38,541|33,130|
||Other debtors|||||||385|385|
||Prepayments||and|accrued income||||16,906|15,807|
|||||||||55,832|49,322|
|12|Creditors:|amounts|||falling due within one year|||||
|||||||||2023|2022|
||||||||Notes|E|E|
||Bank loans||||||14|7,800|7,800|
||Other taxation||and|social security||||14,170|9,952|
||Deferred
income||||||15|46,701|53,580|
||Trade creditors|||||||65,812|23,126|
||Other creditors|||||||22,227|15,195|
||Accruals|||||||9,353|7,382|
|||||||||166,063|117,035|
|13|Creditom:|amounts|||falling due after more than one year|||||
|||||||||2023|2022|
||||||||Notes|E|E|
||Bank loans||||||14|92,487|99,469|
|14|Loans and|overdrafts||||||||
|||||||||2023|2022|
|||||||||E|E|
||Bank loans|||||||100,287|107,269|
||Payable
within||one year|||||7,800|7,800|
||Payable aRer one year|||||||92,487|99,469|
||Amounts
included|||above which||fall due after five years||||
||Payable
by|instalments||||||63,975|70,956|
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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||||E|E.|
|Arising from fees received||||in advance|||46,701|53,580|
|All deferred
income|||is in relation||to fees due within one|year.|||
|Deferred||income is|included|in the financial statements||as follows:|||
||||||||2023|2022|
||||||||E|E|
|Deferred||income is|included|within:|||||
|Current|liabilities||||||46,701|53,580|
|Movements
in the year:|||||||||
|Deferred||income at|1 September||2022||53,580|59,796|
|Released||from previous
periods|||||(53,580)|(59,796)|
|Resources deferred|||in the year||||46,701|53,580|
|Deferred||income at|31 August 2023||||46,701|53,580|
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||2023|2022|
|---|---|---|
||E|E|
|Within one year|12,684|18,394|
|Between two and five years|7,339|20,024|
||20,023|38,418|
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|20|Cash generated
from|operations|operations|||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||||E|E|
||Deficit for the year|||||||(24,289)|(2,379)|
||Adjustments
for:|||||||||
||Investment
income recognised||in statement||offinancial|activities||(3,766)|(104)|
||(Gain)/loss
on disposal|oftangible||fixed assets|||||8,263|
||Depreciation
oftangible|fixed|assets|||||51,942|54,215|
||Movements
in working|capital:||||||||
||(Increase)/decrease
in|debtors||||||(6,510)|9,580|
||Increase
in creditors|||||||55,907|4,176|
||(Decrease)
in deferred|income||||||(6,879)|(6,216)|
||Cash generated
from|operations||||||66,405|67,535|
|21|Analysis
ofchanges
in net funds|||||||||
||||||||At 1 September|Cash flows|At31 August|
||||||||2022||2023|
||||||||E||E|
||Cash at bank and
in hand||||||619,846|59,808|679,654|
||Loans falling due within|one year|||||(7,800)||(7,800)|
||Loans falling due after|more than one year|||||(99,469)|6,982|(92,487)|
||||||||512,577|66,790|579,367|