2022-08-31-accounts

	Page
Statutory Information
Report ofthe Governors	2-9
Report ofthe Auditors	10-12
Statement ofFinancial Activities	13
Balance Sheet	14
Statement ofCash Flows	15
Notes to the Financial Statements	16 - 29

			Unrestricted	Restricted	Endowment	Total	Total
			Funds	Funds	Funds	2022	2021
		Notes
INCOME AND ENDOWMENTS		FROM:
Charitable activities:
Fees receivable		2	2,888,810			2,888,810	2,678,833
Other educational income		3a	197,384			197,384	152,962
Other trading activities:
Investment income		3b	5	7,329		7,334	10,678
Rents, lettings and other income			44,984			44,984	74,922
Donations			4,032	87,467		91,499	13,550
Government grants			736			736	55,455
Total income			3,135,951	94,796		3,230,747	2,986,400
EXPENDITURE ON:
Charitable activities:
Teaching costs			1,536,144			1,536,144	1,461,845
Educational support costs			1,296,198	43,730		1,339,928	1,261,570
Premises			336,505			336,505	340,318
Tots 1expenditure		5	3,168,847	43,730		3,212,577	3,063,733
Gains on investments
Unrealised (losses)gains	on	10			(12,322)	(12,322)	39,711
investments
Net income/(expenditure)			(32,896)	51,066	(12,322)	5,848	(37,622)
Transfers between funds			21,492	(21,492)
Net niovement in funds			(11,404)	29,574	(12,322)	5,848	(37,622)
Funds brought forward at
I September 2021			412,783	62,741	266,077	741,601	779,223
Fund carried forward
at 31August 2022			401,379	92,315	253,755	747,449	741,601

SaliSbury Cath BALANCE SHEET as at 31Au ust 2022	edral SChOO1 Limited (A co	mpany limited	by guarant	ee)
		Notes	2022	2021
				8
FIXEDASSETS
Intangible assets		8	17,040	23,348
Tangible assets		9	281,353	107,724
Investments		10	253,855	266,177
			552,248	397,249
CURRENT ASSETS
Stock		12	32,293	31,894
Debtors		13	91,641	123,444
Cash at bank and in hand			935,781	781,058
			1,059,715	936,396
CREDITORS: Amounts	falling due within one year	14	(623,303)	(551,794)
NET CURRENT ASSETS			436,412	384,602
TOTAL ASSETSLESSCURRENT LIABILITIES			988,660	781,851
CREDITORS: Amounts	falling due atter more than one year	15	(241,211)	(40,250)
NET ASSETS			747,449	741,601
Representing:
ENDOWED FUNDS		17	253,755	266,077
RESTRICTED FUNDS		18	92,315	62,741
UNRESTRICTED FUNDS
General Fund			401,379	412,783
TOTALFUNDS		19	747,449	741,601

SaliSb~ Cathedral SCh TATEMENT OF CASH FLOWS or the year-ended 31Au st 2022	OO1 Limited (	A comp	any limited by gu	arantee)
			2022	2021
		Note
CASH FLOWS FROM OPERATING	ACTIVITIES
Net cash provided by operating activities		22	115,665	84,908
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase oftangible fixed assets			(209,404)	(31,709)
Purchase ofintangible fixed assets
Interest received			5	7
Dividends received			7,329	10,671
Proceeds on sale oftangible assets
NET CASH (USED IN)/PROVIDED	BYINVESTING
ACTIVITIES			(202,070)	(21,031)
CASH FLOWS FROM FINANCING ACTIVITIES
New loans in year			250,000
Loan repayments			(8,872)
NET CASH (USED IN)/PROVIDED	BY FINANCING
ACTIVITIES			241,128
INCREASE IN CASH IN THE YEAR			154,723	63,877
CASH AND CASH EQUIVALENTS AT 1SEPTEMBER			781,058	717,181
CASH AND CASH EQUIVALENTS AT 31AUGUST			935,781	781,058

							2022	2021
								g
Gross fees receivable							3,310,955	3,177,696
Less:
Allowances
Means tested	bursaries						(248,422)	(316,295)
Scholarships							(750)	(2,367)
Discounts							(209,115)	(214,787)
							2,852,668	2,644,247
Add back discounts		and scholarships		paid out ofrestricted		funds	34 142	34,586
							2,888,810	2,678,833
All income	from	fees receivable	was unrestricted		in both	2022 and 2021.

(a) OTHER	EDUCATIONAL INCOME
		2022	2021
			g
Reimbursements:
Chorister Holidays		63,620	45,000
Sundry Income			4,025
		63,620	49,025
Recoverable	extras and related income	98,651	69,571
Registration	fees	2,648	5,050
Uniform Shop income		32,465	29,316
		133,764	103.937
		197,384	l52,962

(b) INVE	STMENT INCOME
		2022	2021
		g	f.
Bank interest received		5	7
Dividend	income	7,329	10,671
		7,334	10,678

2022	2021f
736	55,455

		Staff costs	Depreciation	Other	Total	Total
			and	costs	2022	2021
			amortisation
		f	8	8	8
Charitable expenditure:
Teaching costs		1,499,541		36,603	1,536,144	1,461,845
Educational support costs:
Stafftraining &recruitment				6,891	6,891	15,875
Household expenses				205,212	205,212	130,075
Property and grounds		62,832			62,832	61,028
Other school running	costs	576,200		410,532	986,732	975,550
Marketing costs				62,240	62,240	52,192
Loss/(profit) on disposal of				470	470
fixed assets
Premises			41,613	294,422	336,035	340,318
Governance costs				16,021	16,021	26,850
		2,138,573	41,613	1,032,391	3,212,577	3,063,733

STAFFCOSTS
			2022	2021
Wages and salaries			1,812,130	1,723,422
Social security costs			149,894	130,849
Pension costs			176,549	165,721
			2,138,573	2,019,992
			2022	2021
The average numbers ofemployees,	analysed	by function, were:	Number	Number
Teaching			44	42
Household			20	17
Maintenance			2	2
Administration			12	17
			78	78

eeded f60	,000were:
2022	2021
Number	Number

	Remuneration ofkey management	Remuneration ofkey management	Remuneration ofkey management	personnel	personnel
	The remuneration ofkey	management		personnel		is as follows:
							2022	2021
							8	8
	Aggregate compensation	(including		employer's		NI)	384,476	331,562
7	EXPENDITURE
							2022	2021
	Charitable activities expenditure		includes:
	Operating lease charges —Building				4k land		108,067	107,920
	Operating lease charges -		Other				16,704	4,625
	Depreciation and amortisation						41,613	25,102
	Loss on disposal of	fixed	assets				470
	Governance costs include:
	Auditor's remuneration:
	Audit services						16,021	26,850
8	1NTANGIBLE FIXEDASSETS
								Computer
								software
	COST
	At 1 Septeinber 2021							31,538
	Additions —separately	acquired
	At 31August 2022							31,538
	AMORTISATION
	At 1 September 2021							8,190
	Charge for the year							6,308
	At 31 August 2022							14,498
	NET BOOK VALUE
	At 31 August 2022							17,040
	At 31 August 2021							23 348

9	TANGIBLE FIXEDASS	E	TS
				Property		Motor	Furniture	Total
				improvements		vehicles	and
							equipment
							8
	COST
	At 1 September 2021			505,268		51,339	201,362	757,969
	Additions			127,139			82,265	209,404
	Disposals						(1,044)	(1,044)
	At 31 August 2022			632,407		51,339	282,583	966,329
	DEPRECIATION
	At 1 September 2021			440,380		51,339	158,526	650,245
	Charge for the year				12,448		22,857	35,305
	Elimination on disposal						(574)	(574)
	At 31 August 2022			452,828		51,339	180,809	684,976
	NET BOOK VALUE
	At 31 August 2022			179.579			101774	281 353
	At 31August 2021				64,888		42,836	107,724
10	(a) INVESTMENTS IN FUNDS
								Common
								Investment
								Funds
								8
	Market value at 1 September 2021							266,077
	(Loss) on revaluation							(12,322)
	Market value at 31 August		2022					253,755
	Cost at 31 August 2022							104,141
	Cost at 31 August 2021							104,141
	The holdings in charitable		common	investment	funds consist of:		2022	2021
							8
	CBFChurch ofEngland	Investment		Fund		Units	11,584	11,584
						Value	253,755	266,077
10	(b) INVESTMENTS IN SUBSIDIARIES
							2022	2021
	Investments in subsidiaries						100	100

etails ofthe company's subs	etails ofthe company's subs	etails ofthe company's subs	idiaries at 31 Au	gust 2022 are as foll	ows:
Name ofundertaking			Registered	Nature of	Class of	%Held Direct
			olfice	business	shareholding
Salisbury	Cathedral	School	a)	Dormant	Ordinary	100.00
Enterprises	Ltd

12	STOCK
					2022	2021
					g	g
	Uniform				32,103	31,704
	Food				190	190
					32,293	31,894
13	DEBTORS
					2022	2021
	Fees				56,172	86,858
	Prepayments		and accrued income		33,584	30,956
	Other debtors				1 885	5 639
					91 641	123.44
14	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
					2022	2021
	Fees received		in advance		387,607	422,749
	Trade creditors				65,701	38,817
	Amounts owed to subsidiary				100	100
	Other taxation		and social security		38,593	32,300
	Refundable	deposits			13,134	7,243
	Accruals and		deferred	income	43,219	16,614
	Other creditors				38,307	33,971
	Bank loan				36,642
					623,303	551,794

EDITORS:	AMOUNTS FALLING DUE AFTER M	ORE THAN ONE YEAR
		2022	2021
Refundable	deposits	36,725	40,250
Bank loan		204,486
		241211	40 250

ANCIAL	INSTRUMENT	S
				2022	2021
CARRYING AMOUNT		OF FINANCIAL ASSETS
Financial	assets measured	at fair value through	profit and loss	253,755	266,077

				Movement	Movement	in funds
			Balance atl				Transfers	Balance at
			September	Income	(Losses)		to other	31August
			2021				fundsf	2022
Scholarship	funds		207,275			(9,600)		197,675
Windsor Prize Fund			18,881			(874)		18,007
Fitzgerald	Scholarship	Trust	16,745			(775)		15,970
Head Master's Fund			23,176			(1,073)		22,103
			266,077		(12,322)			253,755
			Balance atl				Transfers	Balance at
			September	Income		Gains	to other	31August
			2020				funds	2021
Scholarship	funds		175,590	750		30,935		207,275
Windsor Prize Fund			16,063			2,818		18,881
Fitzgerald	Scholarship	Trust	14,246			2,499		16,745
Head Master's Fund			19,717			3,459		23,176
			225,616	750		39,711		266,077

			Movement	Movement	in funds
(a) Usage offunds		Balance atl September	Income	Expenditure		Transfers to other	Balance at 31August
		2021				funds	2022
							g
Scholarship funds		25,690	5,515	(13,215)			17,990
Windsor Prize Fund		2,362	502				2,8G4
Fitzgerald Scholarship	Trust	7,400	445				7,845
Head Master's Fund		4,444	2,092		(4,444)		2,092
John Robinson Fund		2,1G8			(283)		1,885
Ouseley Trust		11,000	26,819	(14,160)			23,659
Tindall Trust		9,677	10,500		(6,767)		13,410
Ukrainian bursary			5,293		(2,000)		3,293
Dupuy science prize			1,000		(454)		546
Pipe Dreams			5,300				5,300
Swimming pool			32,323			(21,492)	10,831
Other			5,007		(2,407)		2,600
		62,741	94,796	(43,730)		(21,492)	92,315
			Movement		in funds
(s) Usage of funds		Balance atl				Transfers	Balance at
		September	Income	Expenditure		to other	31August
		2020				funds	2021
						K
Scholarship funds		31,021	9,164	(14,495)			25,690
Windsor Prize Fund		1,878	484				2,362
Fitzgerald Scholarship	Trust	5,096	2,304				7,400
Head Master's Fund		4,171	4,444		(4,171)		4,444
John Robinson Fund		2,168					2,168
Ouseley Trust		21,417	2,000	(12,417)			11,000
Tindall Trust		8,177	1,500				9,677
Hardship bursary		450			(450)
Other		7,224			(7,224)
		81,602	19,896	(38,757)			62,741

Fund	b	alances at 31 August 202	2 are represented by the followi	ng net assets:
			Unrestricted	Restricted	Kndowment
			Fundsf	Funds	Funds	Total
Intangible		fixed assets	17,040			17,040
Tangible	fixed assets		281,353			281,353
Investments			100		253,755	253,855
Current	assets		967,400	92,315		1,059,715
Current	liabilities		(623,303)			(623,303)
Long term		liabilities	(241,211)			(241,211)
			401,379	92,315	253,755	747,449

Fund	ba	lances at 31 August 2021	are represented by the followi	ng net assets:
			Unrestricted	Restricted	Endowment
			Funds	Funds	Funds	Total
			8		8
Intangible		fixed assets	23,348			23,348
Tangible	tixed assets		107,724			107,724
Investments			100		266,077	266,177
Current	assets		873,654	62,742		936,396
Current	liabilities		(551,794)			(551,794)
Long tenn		liabilities	(40,250)			(40,250)
			412,782	62,742	266,077	741,601

	2022	2021
Leases which expire:
Within one year	121,704	124,624
In one to five years	11,771	28,476
	133,476	153,100

Reconciliation ofne	t i	nco	me to net cash in	flow from operating activ	ities:
						2022	2021
						K
Net income						5,848	(37,622)
Depreciation oftangible assets						35,305	18,794
Amortisation ofintangible			assets			6,308	6,308
Loss/(profit) on disposal offixed assets						470
Revaluation ofinvestments						12,322	(39,711)
Interest received						(5)	(7)
Dividends received						(7,329)	(10,671)
(Increase)/decrease	in	stocks				(399)	(2,654)
Decrease/(increase)	in	debtors				31,803	68,844
Increase/(decrease)	in	creditors				31,342	81,627
						115,665	~84908
Analysis ofchanges		in	net funds
				At I September	Cash flow	At 31August
				2021			2022
Cash at bank and	in	hand		781,058	154,723		935,781