| ABOUT YARM SCHOOL | |
|---|---|
| AIMS AND PRINCIPAL OBJECTIVES | |
| STRUCTURE, GOVERNANCE AND MANAGEMENT |
|
| KEYPOLICIES | |
| STRATEGIES AND PRINCIPAL ACTIVITY | |
| FEEASSISTANCE | |
| PUBLIC BENEFIT | |
| ACHIEVEMENTS AND PERFORMANCE - ACADEMIC ATTAINMENT | 15 |
| LEAVERS DESTINATIONS | 16 |
| EXTRACURRICULAR ACTIVITIES | 17 |
| OUTDOOR EDUCATION | 18 |
| SPORT | 20 |
| FINANCIAL SUMMARY | 21 |
| ECONOMIC IMPACT | 22 |
| RESERVES,RISKSAND FUTURE PLANS | 23 |
| STATEMENT OFACCOUNTING AND REPORTING RESPONSIBILITIES |
24 |
| OFFICERS, BANKERS, PROFESSIONAL ADVISORS | 25 |
| GOVERNORS, DIRECTORS AND CHARITY TRUSTEES | 26 |
| INDEPENDENT AUDITORS' REPORT ON THE FINANCIAL STATEMENTS | 27 |
| CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES | 31 |
| CONSOLIDATED BALANCE SHEET | 32 |
| SCHOOL STATEMENT OF FINANCIAL POSITION | 33 |
| CONSOLIDATED STATEMENT OF CASH FLOWS | 34 |
| NOTES TOTHE FINANCIAL STATEMENTS | 35 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2022 | 2022 | 2022 | 2021 | ||
| Note | E000 | F000 | f000 | f000 | |
| INCOME FROM: | |||||
| Donations and legacies |
28 | 28 | |||
| Charitable activities: |
|||||
| School fees | 13,751 | 13,751 | 12,344 | ||
| Other educational income |
175 | 175 | 171 | ||
| Other ancillary income |
1,079 | 1,079 | 780 | ||
| Other trading activities |
622 | 622 | 221 | ||
| Investments | 48 | 48 | 15 | ||
| Other income | 4 | 4 | 94 | ||
| TOTAL INCOME | 15,679 | 28 | 15,707 | 13,627 | |
| EXPENDITURE ON: | |||||
| Raising funds: | |||||
| Loan breakage fee | 623 | 623 | |||
| Other raising funds | 868 | 868 | 313 | ||
| Charitable activities |
13,642 | 13,645 | 12,296 | ||
| TOTAL EXPENDITURE | 15,133 | 15,136 | 12,609 | ||
| Net income before net | |||||
| (losses)/gains on investments |
546 | 25 | 571 | 1,018 | |
| Net (losses)/gains on investments |
(181) | (181) | 4 | ||
| NET INCOME | 365 | 25 | 390 | 1,022 | |
| Transfers between funds |
26 | 25 | (25) | ||
| NET MOVEMENT IN FUNDS |
390 | 390 | 1,022 | ||
| RECONCILIATION OF FUNDS: |
|||||
| Total funds brought forward | 38,?60 | 79 | 38,839 | 37,817 | |
| Net movement in funds |
390 | 390 | 1,022 | ||
| TOTAL FUNDS CARRIED FORWARD | 39,150 | 79 | 39,229 | 38,839 |
| CONSOLIDATED | BALANCE SHEET | |||||
|---|---|---|---|---|---|---|
| AS AT 31AUGUST 2022 | ||||||
| 2022 | 2021 | |||||
| Note | f000 | 8000 | ||||
| FIXEDASSETS | ||||||
| Tangible assets | 16 | 39,297 | 38,388 | |||
| investments | 18 | 3,839 | ||||
| 43,136 | 38,388 | |||||
| CURRENT ASSETS | ||||||
| Stocks | 19 | 30 | 24 | |||
| Debtors | 20 | 258 | 325 | |||
| Investments | 21 | 4,627 | 6,926 | |||
| Cash at bank and | in hand | 3,364 | 1,762 | |||
| 8,279 | 9,037 | |||||
| Creditors: amounts | falling due within | one | ||||
| year | 22 | (3,823) | (4,468) | |||
| NET CURRENT ASSETS | 4,456 | 4,569 | ||||
| TOTAL ASSETS LESSCURRENT | ||||||
| LIABILITIES | 47,592 | 42,957 | ||||
| Creditors: amounts | falling due after | more | ||||
| than one year | 23 | (8,362) | (4,118) | |||
| TOTAL NET ASSETS | 39,230 | 38,839 | ||||
| CHARITY FUNDS | ||||||
| Restricted funds |
26 | 79 | 79 | |||
| Unrestricted funds |
26 | 39,151 | 38,760 | |||
| TOTAL FUNDS | 39,230 | 38,839 |
| SCHOOL STATEMENT OF FINANCIAL | SCHOOL STATEMENT OF FINANCIAL | POSITION | |||
|---|---|---|---|---|---|
| AS AT 31AUGUST 2022 | |||||
| 2022 | 2021 | ||||
| Note | OOOO | 8000 | |||
| FIXEDASSETS | |||||
| Tangible assets | 16 | 39,297 | 38,388 | ||
| Investments | 18 | 3,839 | |||
| 43,136 | 38,388 | ||||
| CURRENT ASSETS | |||||
| Stocks | 19 | 14 | 8 | ||
| Debtors | 20 | 242 | 358 | ||
| Investments | 21 | 4,627 | 6,926 | ||
| Cash at bank and | in hand | 3,218 | 1,722 | ||
| 8,101 | 9,014 | ||||
| Creditors: amounts | falling due within one | ||||
| year | 22 | (3,646) | (4,442) | ||
| NET CURRENT ASSETS | 4,455 | 4,572 | |||
| TOTAL ASSETS LESSCURRENT | |||||
| LIABILITIES | 47,591 | 42,960 | |||
| Creditors: amounts | falling due after more | ||||
| than one year | 23 | (8,362) | (4,118) | ||
| TOTAL NET ASSETS | 39,229 | 38,842 | |||
| CHARITY FUNDS | |||||
| Restricted funds |
26 | 79 | 79 | ||
| Unrestricted funds |
26 | 39,150 | 38,763 | ||
| TOTAL FUNDS | 39,229 | 38,842 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| OOOO | f000 | |||||
| CASH FLOWS FROM OPERATING | ACTIVITIES | |||||
| Net cash used in operating activities |
1,952 | 4,504 | ||||
| CASH FLOWS FROM INVESTING | ACTIVITIES | |||||
| Interest and dividends received |
48 | 19 | ||||
| Proceeds from the sale oftangible | fixed assets | 4 | ||||
| Purchase oftangible fixed assets |
(2,285) | (3,249) | ||||
| Purchase ofinvestments | (4,000) | |||||
| Dividends reinvested |
(20) | |||||
| NET CASH USED IN INVESTING | ACTIVITIES | (6,253) | (3,230) | |||
| CASH FLOWS FROM FINANCING | ACTIVITIES | |||||
| Cash inflows from new borrowing | 8,500 | |||||
| Repayments of borrowing |
(4,609) | (529) | ||||
| Interest paid | (286) | (180) | ||||
| Decrease/(increase) in over 3 month |
deposit accounts | 2,158 | (16) | |||
| NET CASH (USED IN)/PROVIDED | BYFINANCING | ACTIVITIES | 51763 | (725) | ||
| CHANGE IN CASH AND CASH EQUIVALENTS |
IN | THE YEAR | 1,462 | 549 | ||
| Cash and cash equivalents at the beginning ofthe year |
5,094 | 4,545 | ||||
| CASH AND CASH EQUIVALENTS | AT THE END | OF THE YEAR | 6,556 | 5,094 | ||
| The notes on pages 35to 59form | part ofthese financial statements |
| Restricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2022 | 2022 | 2021 | |
| f000 | OOOO | f000 | |
| Donations | 28 | 2& | |
| Total 2021 |
| Unrestricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | |||||
| 2022 | 2022 | 2021 | |||||
| f000 | OOOO | f000 | |||||
| School fees | 13,751 | 13,?51 | 12,344 | ||||
| Other educational | income | 175 | 175 | 171 | |||
| Other ancillary | trading | income | 1,079 | 1,079 | 780 | ||
| 15,005 | 15,005 | 13,295 | |||||
| Total 2021 | 13,295 | 13,295 | |||||
| 4a. | School fees | ||||||
| 2022 | 2021 | ||||||
| OOOO | f000 | ||||||
| School fees | 14,721 | 13,228 | |||||
| Bursaries, scholorships | and allowances | (970) | i884) | ||||
| 13,751 | 12,344 |
| Other educa | tional income |
||
|---|---|---|---|
| 2022 | 2021 | ||
| f000 | f000 | ||
| Registration, | exam fees and fees in lieu | 155 | 147 |
| After school | activities and sundry | 20 | 24 |
| 175 | 171 |
| Other ancillary income |
||
|---|---|---|
| 2022 | 2021 | |
| OOOO | 8000 | |
| Catering | 786 | 5?7 |
| Bus income | 293 | 203 |
| 1,079 | 780 |
| Unrestricted | Restricted | ||||||
|---|---|---|---|---|---|---|---|
| funds | funds | Total funds | Total funds | ||||
| 2022 | 2022 | 2022 | 2021 | ||||
| K | E | ||||||
| Charity trading | income | ||||||
| Uniform sales | 14 | 14 | 146 | ||||
| Auditorium and |
ticket sales | 523 | 523 | 19 | |||
| Holiday schools | 58 | 58 | 43 | ||||
| Hirings | 27 | 27 | 13 | ||||
| 622 | 622 | 221 | |||||
| Sub total | |||||||
| Charity trading | expenses | ||||||
| Holiday school | expenditure | 56 | 56 | 2 | |||
| Hirings | 14 | ||||||
| Uniform costs | 6 | 6 | 136 | ||||
| Refreshment | costs | 425 | 425 | 18 | |||
| Staff costs | 60 | 60 | 55 | ||||
| 547 | 547 | 225 | |||||
| Sub total | |||||||
| Net (expenditure)/income | from trading | ?5 | 75 | (4) | |||
| activities |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022 | 2022 | 2021 | ||
| FOOO | OOOO | f000 | ||
| Dividends | received | 20 | 20 | |
| Bank interest received | 28 | 28 | 15 | |
| 48 | 48 | 15 | ||
| Ttl202 | 1 | 15 | 15 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2022 | 2022 | 2021 | |||
| OOOO | f000 | f000 | |||
| Surplus | on | sale ofassets | 4 | 4 | |
| Coronavirus | job retention scheme | 94 | |||
| 94 | |||||
| Total2 | 021 | 94 | 94 |
| TYPE | ||||||
|---|---|---|---|---|---|---|
| Staffcosts | Depreciation | Other costs | Total | Total | ||
| 2022 | 2022 | 2022 | 2022 | 2021 | ||
| OOOO | f000 | OOOO | OOOO | f000 | ||
| Loan breakage fee | 623 | 623 | 88 | |||
| Costs of raising funds (note | ||||||
| 9) | 321 | 321 | 88 | |||
| Trading costs (note 5) | 60 | 487 | 547 | 225 | ||
| Costs ofraising funds | 60 | 1,431 | 1,491 | 313 | ||
| Teaching | 7,870 | 1,281 | 1,111 | 10,262 | 9,140 | |
| Welfare | 11 | 845 | 856 | 722 | ||
| Premises | 644 | 74 | 845 | 1,563 | 1,563 | |
| Support | 576 | 7 | 371 | 954 | 862 | |
| Charitable | activities | 9,090 | 1,373 | 3,172 | 13,635 | 12,287 |
| Governance | (note 11) | 10 | 10 | |||
| Total 2022 | 9,150 | 1373 | 4,613 | 15,136 | 12,609 | |
| Total 2021 | 8,407 | 1,224 | 2,978 | 12,609 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2022 | 2022 | 2022 | 2021 | ||
| OOOO | f000 | OOOO | OOOO | ||
| Bank interest | paid | 286 | 286 | 180 | |
| Bad debts | 35 | 35 | (92) | ||
| Trading costs | (note 5) | 547 | 547 | 225 | |
| Total 2022 | 868 | 868 | 313 | ||
| Total 2021 | 311 | 313 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2022 | 2022 | 2022 | 2021 | |||
| OOOO | OOOO | f000 | f000 | |||
| Teaching | 10,262 | 10,262 | 9,140 | |||
| Welfare | 856 | 856 | 722 | |||
| Premises | 1,563 | 1,563 | 1,563 | |||
| Support | 951 | 954 | 862 | |||
| Governance | 10 | 10 | 9 | |||
| Total 2022 | 13,642 | 3 | 13,645 | 12,296 | ||
| Total 2021 | 12,296 | 12,296 | ||||
| 11~ | GOVERNANCE | COSTS | ||||
| Unrestricted | Total | Total | ||||
| funds | funds | funds | ||||
| 2022 | 2022 | 2021 | ||||
| OOOO | OOOO | f000 | ||||
| Auditors' remuneration |
10 | 10 | 9 | |||
| Total 2022 | 10 | 10 | ||||
| Total 2021 | ||||||
| 12. | NET MOVEMENT | IN FUNDS | ||||
| 2022 | 2021 | |||||
| f000 | 8000 | |||||
| Group | ||||||
| Net movement | in funds | 391 | 1,022 | |||
| Capital expenditure | (2,285) | (3,249) | ||||
| Net movement | In | funds after capital expenditure | (1,894) | (2,227) |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| f000 | OOOO | ||||
| Fees payable | to the School's auditor | for the audit ofthe School's annual | |||
| accounts | 10 | ||||
| Fees payable | to the School's auditor | in respect of: | |||
| All non-audit | services not included | above |
| Group | Group | School | School | |
|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |
| f000 | OOOO | f000 | OOOO | |
| Wages and salaries | 7,076 | 6,531 | 7,016 | 6,513 |
| Social security costs | 726 | 638 | 726 | 638 |
| Pension costs | 1,348 | 1,238 | 1,348 | 1,238 |
| 9,150 | 8,407 | 9,090 | 8,389 |
| Group | Group | School | School | |
|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |
| No. | No. | No. | No. | |
| Education | 182 | 167 | 182 | 167 |
| Premises | 36 | 37 | 36 | 37 |
| Support | 20 | 20 | 14 | 18 |
| 238 | 224 | 232 | 222 |
| Group | Group | School | School | |
|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |
| No. | No. | No. | No. | |
| Education | 150 | 148 | 150 | 148 |
| Premises | 23 | 24 | 23 | 24 |
| Support | 17 | 17 | 14 | 16 |
| 190 | 189 | 187 | 188 |
| Group | Group |
|---|---|
| 2022 | 2021 |
| No. | No. |
| Freehold | Motor | Fixtures and | ||
|---|---|---|---|---|
| property | vehicles | fittings | Total | |
| f000 | KOOO | OOOO | OOOO | |
| Coat, | ||||
| At 1 September 2021 | 43,189 | 343 | 5,356 | 48,888 |
| Additions | 2,045 | 240 | 2,285 | |
| Disposals | (4) | (4) | ||
| At 31August 2022 | 45,234 | 343 | 5,592 | 51,169 |
| Depreciation | ||||
| At 1 September 2021 | 5,954 | 256 | 4,290 | 10,500 |
| Charge forthe year | 983 | 35 | 358 | 1,376 |
| On disposals | (4) | (4) | ||
| At 31 August 2022 | 6,937 | 291 | 4,644 | 11,872 |
| Net book value | ||||
| At 31August 2022 | 38,297 | 52 | 948 | 39,297 |
| At 31August 2021 | 37,235 | 87 | 1,066 | 38,388 |
| Listed | |
|---|---|
| investments | |
| Group and school | OOOO |
| Valuation | |
| Additions | 4,020 |
| Revaluations | (181) |
| At 31August 2022 | 3,839 |
| Group | Group | School | School | |||
|---|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |||
| OOOO | OOOO | f000 | f000 | |||
| Stock | for | resale | 30 | 24 | 14 | 8 |
| Group | Group | School | School | ||
|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | ||
| OOOO | OOOO | f000 | f000 | ||
| Trade debtors | 16 | 76 | |||
| Amounts owed by group undertakings |
8 | 109 | |||
| Other debtors | 4 | 37 | 4 | 37 | |
| Fee debtors | 53 | 38 | 53 | 38 | |
| Prepayments | and accrued income | 185 | 174 | 177 | 174 |
| 258 | 325 | 242 | 358 |
| Group | Group | School | School | |
|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |
| OOOO | f000 | f000 | f000 | |
| Listed investments | 12 | 12 | 12 | 12 |
| Deposit accounts | 4,615 | 6,914 | 4,615 | 6,914 |
| 4,627 | 6,926 | 4,627 | 6,926 |
| Group | Group | School | School | |
|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |
| f000 | f000 | f000 | f000 | |
| Bank loans | 180 | 529 | 180 | 529 |
| Trade creditors | 311 | 977 | 304 | 952 |
| Other taxation and social security | 199 | 199 | 191 | 198 |
| Development bonds |
8 | 8 | 8 | 8 |
| Other creditors and accruals | 978 | 993 | 969 | 993 |
| Fees in advance ofterm | 1,929 | 1,702 | 1,929 | 1,702 |
| Advance fee payments | 35 | 36 | 35 | 36 |
| Acceptance deposits | 30 | 24 | 30 | 24 |
| Trading income in advance |
153 | |||
| 3,823 | 4,468 | 3,646 | 4,442 |
| Group | Group | School | School | |
|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |
| f000 | f000 | f000 | OOOO | |
| Bank loans | 8,077 | 3,838 | 8,077 | 3,838 |
| Acceptance deposits | 270 | 268 | 270 | 268 |
| Advance fee payments | 15 | 12 | 15 | 12 |
| 8,362 | 4,118 | 8,362 | 4,118 |
| Group | Group | School | School | |||||
|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |||||
| F000 | OOOO | 8000 | f000 | |||||
| Payable | or | repayable | by | instalments | 7,165 | 1,721 | 7,165 | 1,721 |
| 7,165 | 1,721 | 7,165 | 1,721 |
| 2022 | 2021 | ||
|---|---|---|---|
| 8000 | f000 | ||
| Within two to five years | 12 | ||
| Within one to two years | 15 | ||
| Within one year | 35 | 36 | |
| 50 | |||
| 2022 | 2021 | ||
| f000 | f000 | ||
| The movements during the year were: |
|||
| Balance at 1 September 2021 | 48 | 103 | |
| New receipts ofdeposited fees | 44 | ||
| Discounts accrued to contracts | 1 | ||
| Amounts utilised on fees to the School |
(42) | (56) | |
| Balance at 31August 2022 | 50 | 4e | |
| ACCEPTANCE DEPOSITS | |||
| Other creditors include acceptance deposits which are repayable | as follows: | ||
| 2022 | 2021 | ||
| f000 | f000 | ||
| After 5 years | 151 | 150 | |
| Within two to five years | 114 | 118 | |
| Within one year | 30 | 24 | |
| Total | 295 | 292 |
| STATEM | ENT O | F FUNDS - CURR | ENT YEAR | ||||
|---|---|---|---|---|---|---|---|
| Balance at 1 | Balance at | ||||||
| September | Transfers | Gains/ | 31August | ||||
| 2021 | Income | Expenditure | in/out | (Losses) | 2022 | ||
| OOOO | OOOO | f000 | OOOO | f000 | f000 | ||
| Unrestricted | |||||||
| funds | |||||||
| Designated | |||||||
| funds | |||||||
| Hardship | Fund | 50 | (40) | 10 | |||
| General funds | |||||||
| General Funds | 32,085 | 15,719 | (15,132) | 206 | (181) | 32,697 | |
| Freehold | |||||||
| Property | Fair | ||||||
| Value | |||||||
| Reserve | 6,625 | (181) | 6„444 | ||||
| 38,710 | 15,719 | (15,132) | 25 | (181) | 39,141 | ||
| Total | |||||||
| unrestricted | |||||||
| funds | 3&,760 | 15,679 | (15,132) | 25 | (181) | 39,151 | |
| Restricted | |||||||
| funds | |||||||
| Facilities | Fund | 54 | (3) | 54 | |||
| Early Years | |||||||
| Fund | |||||||
| Gifted and | |||||||
| Talented | |||||||
| Fund | |||||||
| Capital | |||||||
| Equipment | 3 | 25 | (25) | 3 | |||
| Hardship | fund | 11 | 11 | ||||
| 79 | (3) | (25) | 79 | ||||
| Total offunds | 38,839 | 15,707 | (15,135) | (181) | 39,230 |
| Balance al | Balance al | Balance at | Balance at | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | September | Transfers | Gains' | 31 | August | |||||||
| 2020 | Income | Expenditure | iniout | (Losses) | 2021 | |||||||
| f000 | f000 | f000 | f000 | f000 | OOOO | |||||||
| Unrestricted | ||||||||||||
| funds | ||||||||||||
| Designated funds |
||||||||||||
| Hardship | Fund | 100 | (53) | 50 | ||||||||
| General | funds | |||||||||||
| General | Funds | 30,829 | 13,678 | (12,607) | 181 | 4 | 32,085 | |||||
| Freehold | Property | |||||||||||
| Fair Value Reserve | 6,805 | (180) | 6,625 | |||||||||
| 37,634 | 13,678 | (12,607) | 4 | 38,710 | ||||||||
| Total Unrestricted | ||||||||||||
| funds | 37,734 | 13,625 | (12,607) | 4 | 38,760 | |||||||
| Restricted funds | ||||||||||||
| Facilities | Fund | 58 | (2) | (3) | 54 | |||||||
| Early Years Fund | 7 | 7 | ||||||||||
| Gifted and Talented | ||||||||||||
| Fund | 4 | 4 | ||||||||||
| Capital Equipment | 4 | 3 | ||||||||||
| Hardship | fund | 10 | 11 | |||||||||
| 83 | (2) | (4) | 79 | |||||||||
| Total of | funds | 37,817 | 13,627 | (12,609) | 4 | 38,839 |
| ANALYSIS OF NET ASSETS BETWEEN FUND | S - CURRENT YEAR | ||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| 2022 | 2022 | 2022 | |
| f000 | f000 | f000 | |
| Tangible fixed assets | 39,282 | 15 | 39,297 |
| Fixed asset investments | 3,839 | 3„839 | |
| Current assets | &,215 | 64 | 8,279 |
| Creditors due within one year | (3,823) | (3,823) | |
| Creditors due in more than one year | (8,362) | (8,362) | |
| TOTAL | 39,151 | 79 | 39,230 |
| Unrestricted | Restricted | Total | |||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | |||||
| 2021 | 2021 | 2021 | |||||
| f000 | f000 | f000 | |||||
| Tangible fixed assets | 38,370 | 18 | 38,388 | ||||
| Current assets | 8,976 | 61 | 9,037 | ||||
| Creditors due within | one year | (4,468) | (4,468) | ||||
| Creditors due in more than one year | (4,118) | (4,118) | |||||
| TOTAL | 38,760 | 79 | 38,839 | ||||
| RECONCILIATION | OF NET MOVEMENT | IN FUNDS | TO NET CASH FLOW | FROM OPERATING | |||
| 28. | ACTIVITIES | ||||||
| Group | Group | ||||||
| 2022 | 2021 | ||||||
| OOOO | f000 | ||||||
| Net income for the year (as per Statement | of Financial | Activities) | 390 | 1,022 | |||
| Adjustments for: |
|||||||
| Depreciation charges |
1,376 | 1,224 | |||||
| Interest and dividends received |
(48) | (19) | |||||
| Surplus on the sale |
offixed assets | (4) | |||||
| Decrease/(increase) | in stocks | (6) | 70 | ||||
| Decrease in debtors |
68 | 340 | |||||
| Increase/(decrease) | in creditors | (291) | 1,687 | ||||
| Interest paid | 286 | 180 | |||||
| Change in market value ofinvestments |
181 | ||||||
| Net cash provided | by operating | activities | 1,952 | 4,504 |
| Group | Group | ||
|---|---|---|---|
| 2022 | 2021 | ||
| OOOO | f000 | ||
| Cash | in hand | 3,364 | 1,762 |
| Notice | deposits (less than 3months) | 3,192 | 3,332 |
| Total | cash and cash equivalents | 6,556 | 5,094 |
| At 1 | ||||
|---|---|---|---|---|
| September | At 31 | |||
| 2021 | Cash flows | August 2022 | ||
| f000 | OOOO | OOOO | ||
| Cash | at bank and in hand | 1,762 | 1,602 | 3,364 |
| Debt | due within 1 year |
(529) | 349 | (180) |
| Debt | due alter 1 year | (3,838) | (4,239) | (&,077) |
| Liquid | investments | 6,926 | (2,299) | 4„627 |
| 4,321 | (4,587) | (266) |
| Group | Group | School | School | ||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | ||||
| f000 | f000 | OOOO | f000 | ||||
| Contracted | for but not provided | in these | |||||
| financial statements | |||||||
| Acquisition | oftangible | fixed assets | 5,624 | 874 | 5,624 | 874 |