| Page | |
|---|---|
| Companyinformation | 1 |
| Directors'report(incorporatingtheStrategicReport) | 2 |
| Independentauditor'sreport | 16 |
| Financialstatementsofthecompany | 20 |
| NotestotheFinancialStatements | 24 |
| 2022/2023 | 2021/2022 | |
|---|---|---|
| PreparatorySchool | 232 | 246 |
| Pre-PreparatorySchool | 112 | 110 |
| Total | 344 | 356 |
Dale Thorpe
19/12/23
| Notes | Unrestricted Funds |
Restricted Funds |
Total 2023 |
Total 2022 |
|
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Incomeandendowmentsfrom: | |||||
| CharitableActivities | |||||
| Schoolfeesreceivable | 2 | 4,758,222 | (14,834) | 4,743,388 | 4,676,853 |
| Ancillarytradingincome | 3 | 275,276 | 275,276 | 249,969 | |
| Othertradingactivities | |||||
| Non-ancillarytradingincome | 4 | 125,664 | 125,664 | 171,285 | |
| Investments | |||||
| Bankandotherinterest | 5 | 3 | |||
| Voluntarysources | |||||
| Grantsanddonations | 6 | 2,387 | |||
| TOTALINCOMINGRESOURCES | 20 | 5,159,162 | (14,834) | 5,144,328 | 5,100,497 |
| Expenditureon: | |||||
| Raisingfunds | |||||
| Otherincomegeneratingactivities | |||||
| Netfinancing(income)/costs | 8 | (23,459) | (23,459) | 46,933 | |
| (23,459) | (23,459) | 46,933 | |||
| CharitableActivities | |||||
| Educationandgrantmaking | 7 | 5,013,277 | 18,130 | 5,031,407 | 4,740,193 |
| TOTALEXPENDITURE | 4,989,818 | 18,130 | 5,007,948 | 4,787,126 | |
| NetMovementinfundsfortheyear | 169,344 | (32,964) | 136,380 | 313,371 | |
| Fundbalancesat1stSeptember | 4,285,556 | 32,964 | 4,318,520 | 4,005,149 | |
| FUNDBALANCESASAT31STAUGUST | 4,454,900 | 4,454,900 | 4,318,520 |
| Notes | Unrestricted Funds |
Restricted Funds |
Total 2023 |
Total 2022 |
|
|---|---|---|---|---|---|
| E | £ | £ | |||
| Incomeandendowmentsfrom: | |||||
| CharitableActivities | |||||
| Schoolfeesreceivable | 2 | 4,758,222 | (14,834) | 4,743,388 | 4,676,853 |
| Ancillarytradingincome | 3 | 275,276 | 275,276 | 249,969 | |
| Othertradingactivities | |||||
| Non-ancillarytradingincome | 4 | 103,229 | 103,229 | 152,373 | |
| Investments | |||||
| Bankandotherinterest | 5 | 3 | |||
| Other-Grantsanddonations | |||||
| Grantsanddonations | 6 | 39,167 | 39,167 | 2,387 | |
| Otherincomingresources | |||||
| TOTALINCOMINGRESOURCES | 20 | 5,175,894 | (14,834) | 5,161,060 | 5,081,585 |
| Expenditureon: | |||||
| Raisingfunds | |||||
| Otherincomegeneratingactivities | |||||
| Netfinancing(income)/costs | 8 | (20,096) | (20,096) | 43,354 | |
| (20,096) | (20,096) | 43,354 | |||
| CharitableActivities | |||||
| Educationandgrantmaking | 7 | 5,012,235 | 18,130 | 5,030,365 | 4,739,271 |
| TOTALEXPENDITURE | 4,992,139 | 18,130 | 5,010,269 | 4,782,625 | |
| NetMovementinfundsfortheyear | 183,755 | (32,964) | 150,791 | 298,960 | |
| Fundbalancesat1stSeptember | 4,271,145 | 32,964 | 4,304,109 | 4,005,149 | |
| FUNDBALANCESASAT31STAUGUST | 4,454,900 | 4,454,900 | 4,304,109 |
| Note | Group | Charity | |||
|---|---|---|---|---|---|
| 2023 | 2022 | 2023 | 2022 | ||
| £ | £ | £ | £ | ||
| FIXEDASSETS | |||||
| Tangibleassets | 12 | 4,852,565 | 4,463,324 | 4,852,565 | 4,463,324 |
| Investments | 13 | 100 | 100 | ||
| 4,852,565 | 4,463,324 | 4,852,665 | 4,463,424 | ||
| CURRENTASSETS | |||||
| Debtors | 14 | 286,023 | 340,986 | 289,616 | 407,333 |
| Cashatbankandinhand | 329,227 | 353,001 | 325,634 | 268,743 | |
| 615,250 | 693,987 | 615,250 | 676,076 | ||
| CURRENTLIABILITIES | |||||
| Creditorspayablewithinoneyear | 15 | 837,396 | 629,162 | 837,396 | 625,662 |
| NETCURRENT ASSETS/(LIABILITIES) |
(222,146) | 64,825 | (222,146) | 50,414 | |
| TOTALASSETSLESSCURRENT LIABILITIES |
4,630,419 | 4,528,149 | 4,630,519 | 4,513,838 | |
| LONGTERMLIABILITIES | |||||
| Creditorspayableafteroneyear | 16 | 132,435 | 147,568 | 132,435 | 147,568 |
| TOTALNETASSETSEXCLUDING PENSIONLIABILITY |
4,497,984 | 4,380,581 | 4,498,084 | 4,366,270 | |
| Netpensionliability | 22 | 42,984 | 61,960 | 42,984 | 61,960 |
| NETASSETS | 4,455,000 | 4,318,621 | 4,455,100 | 4,304,310 | |
| REPRESENTEDBY: | |||||
| CALLEDUPSHARECAPITAL | 18 | 100 | 100 | 100 | 100 |
| RESTRICTEDFUNDS | 19/20 | 32,964 | 32,964 | ||
| UNRESTRICTEDFUNDS | 19/20 | 4,454,900 | 4,285,557 | 4,455,000 | 4,271,246 |
| 4,455,000 | 4,318,621 | 4,455,100 | 4,304,310 |
| Note | 2023 | 2022 | |
|---|---|---|---|
E000|£000 |
|||
| Cashflowsfromoperatingactivities: | |||
| Netcashprovidedbyoperatingactivities | 23 | 491,817 | 167,009 |
| Cashflowsfrominvestingactivities: | |||
| Dividends,interestandrentsfrominvestments | 0 | 3 | |
| Purchaseofproperty,plantandequipment | (492,132) | (353,534) | |
| Netcash(usedin)investingactivities | (492,132) | (353,531) | |
| Cashflowsfromfinancingactivities: | |||
| Financingcosts | (23,459) | (46,933) | |
| Netcash(usedin)financingactivities | (23,459) | (46,933) | |
| Changeincashandcashequivalentsintheyear | (23,774) | (233,455) | |
| Cashandcashequivalentsatthebeginningoftheyear | 353,001 | 586,456 | |
| Cashandcashequivalentsattheendoftheyear | 24 | 329,227 | 353,001 |
| Freeholdlandisnotdepreciate | d. |
|---|---|
| FreeholdBuildings | -Buildings<50years—2%-6.66%oncost |
| -Buildings>50years—0.0074%oncost | |
| -Swimmingpool—2%oncost | |
| -CarPark/Cage—10%oncost | |
| Freeholdimprovements | -Overtheusefuleconomiclifeoftheimprovement |
| Leaseholdland | -Overtheshorteroftheeconomiclifeoftheassetorthe |
| lifeofthelease | |
| Computerequipment | -25%oncost |
| Telephonesystem | -10%oncost |
| Fixturesandfittings | -25%oncost |
| Motorvehicles | -25%oncost |
| CHARITABLEACTIVITIES-SCHOOLFEESRECEIVABLE | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Theschoolfeesincomecomprises | ||
| Grossfees | 5,148,417 | 5,113,482 |
| Less:Totalscholarships,bursariesandotherdiscounts | (405,029) | (436,629) |
| 4,743,388 | 4,676,853 |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Extras | 229,967 | 211,334 |
| Entrancefeesandregistrationfees | 7,500 | 5,400 |
| Pupiltransport | 15,675 | 14,921 |
| Commissionsandrelatedincome | 5,839 | 4,138 |
| Sundryotherincome | 16,295 | 14,176 |
| 275,276 | 249,969 |
| OTHERTRADINGACTIVITIES | ||||
|---|---|---|---|---|
| 2023 | 2022 | |||
| £ | £ | £ | ||
| Group | School | Group | School | |
| Non-ancillarytradingincome | ||||
| PrestfeldeEnterprisecompanytrading turnover |
100,174 | 95,729 | ||
| Managementcharge | - | 77,739 | 76,817 | |
| Lettingsincome | 6,822 | 6,822 | 7,792 | 7,792 |
| Rentsreceivable | 8,400 | 8,400 | 7,792 | 7,792 |
| Interestreceivable-pupilbills | 0 | 0 | 858 | 858 |
| Othernon-ancillarytradingincome | 10,268 | 10,268 | 59,114 | 59,114 |
| 125,664 | 103,229 | 171,285 | 152,373 |
| 5. INVESTMENTS- |
BANKANDOTHERINTEREST | BANKANDOTHERINTEREST | RECEIVABLE—GROUPANDCHARITY | RECEIVABLE—GROUPANDCHARITY | RECEIVABLE—GROUPANDCHARITY |
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| 2023 | 2022 | ||||
£ |
£ | ||||
| Bankinterest | 3 | ||||
| 3 | |||||
| 6. OTHER—GRANTS&DONATIONS |
|||||
| Unrestricted | Restricted | Total | Total | ||
| 2023 | 2022 | ||||
| £ | £ | ||||
| Giftaiddonationfromtrading subsidiary |
39,167 | 39,167 | |||
| Other | 2,387 | ||||
| 39,167 | 39,167 | 2,387 | |||
| 7. ANALYSISOFEXPENDITURE | |||||
| a)Totalexpenditure | Charity | ||||
| Staffcosts | Support | Depredation | Total | Total | |
| (note9) | Costs | (Note12) | 2023 | 2022 | |
| £ | £ | £ | £ | £ | |
| Costsofraising | |||||
| funds | |||||
| Nonancillarytrading | |||||
| Financingcost(note 8) |
(20,096) | (20,096) | 43,354 | ||
| Totalcostof generatingfunds |
(20096) | (20,096) | 43,354 | ||
| Charitable | |||||
| expenditure | |||||
| EducationTeaching | 2,630,176 | 325,324 | 16,954 | 2,972,454 | 2,832,319 |
| Welfare | 50,412 | 415,301 | 29,011 | 494,724 | 452,145 |
| Premises | 351,947 | 475,361 | 56,924 | 884,232 | 815,305 |
| School administration |
386,104 | 255,769 | 641,873 | 606,962 | |
| Grantsawardsand prizes(note7b) |
2,922 | 2,922 | 3,376 | ||
| Movementin | |||||
| PensionDeficit | (18,976) | (18,976) | (10,034) | ||
| Reduction | |||||
| Governance | 53,136 | 53,136 | 39,198 | ||
| Educationand grantmaking |
3,418,639 | 1,508,837 | 102,889 | 5,030,365 | 4,739,271 |
| TotalExpenditure | 3,418,639 | 1,488,741 | 102,889 | 5,010,269 | 4,782,625 |
| a)Totalexpenditure | |||||
|---|---|---|---|---|---|
| Group | |||||
| Staff costs |
Support | Depreciati on |
Total | Total | |
| (note9) | Costs | (Note12) | 2023 | 2022 | |
| £ | £ | £ | £ | E | |
| Costsofraisingfunds | |||||
| Nonancillarytrading | |||||
| Financingcost(note8) | (23,459) | (23,459) | 46,933 | ||
| Totalcostofgenerating funds |
(23,459) | (23,459) | 46,933 | ||
| Charitableexpenditure | |||||
| EducationTeaching | 2,630,176 | 325,406 | 16,954 | 2,972,536 | 2,832,319 |
| Welfare | 50,412 | 415,301 | 29,011 | 494,724 | 452,145 |
| Premises | 351,947 | 475,361 | 56,924 | 884,232 | 815,305 |
| Schooladministration | 386,104 | 256,729 | 642,833 | 607,884 | |
| Grantsawardsandprizes (note7b) |
2,922 | 2,922 | 3,376 | ||
| MovementinPension DeficitReduction |
(18,976) | (18,976) | (10,034) | ||
| Governance | 53,136 | 53,136 | 39,198 | ||
| Educationandgrant making |
3,418,639 | 1,509,879 | 102,889 | 5,031,407 | 4,740,193 |
| TotalExpenditure | 3,418,639 | 1,486,420 | 102,889 | 5,007,948 | 4,787,126 |
PrestfeldeSchoolmakesawardstoindividualfamili |
estosupportschooling. |
|
|---|---|---|
| 2023 | 2022 | |
| FromUnrestrictedFunds: | ||
| Othergrantsand | ||
| awards | ||
| Prizesandleavingawards | 2,922 | 3,376 |
| 2,922 | 3,376 |
andaccommodation,whereaclaimismade.Niltrustees(2022- year. |
NIL)werereimbursedduring |
the |
|---|---|---|
| 2023 | 2022 | |
£ |
£ | |
| Remunerationpaidtoauditorforauditservices | 27,050 | 19,978 |
| Remunerationpaidtoauditorfor | ||
| non-auditservices | ||
| Depreciationoftangiblefixedassets: | ||
| -ownedbytheCharitableCompany | 102,889 | 99,598 |
| Operatingleaserentals: | ||
| -otherassets | 43,960 | 50,262 |
| 173,899 | 169,838 |
| FINANCINGCOSTS | ||||
|---|---|---|---|---|
| 2023 | 2022 | |||
£ |
||||
| Group | Charity | |||
| Bankcharges | 3,545 | 3,408 | 3,438 | |
| Otherfinancecosts | 3,032 | 3,032 | 35,704 | |
| Provisionforbadanddoubtfuldebts | (26,536) | (26,536) | 4,291 | |
| CorporationTaxProvision | (3,500) | 3,500 | ||
| (23,459) | (20,096) | 46,933 |
| STAFFCOSTS-GROUPANDCHARITY | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Theaggregatepayrollcostsfortheyearwere: | ||
| Wagesandsalaries | 2,794,868 | 2,578,337 |
| Socialsecuritycosts | 262,828 | 237,956 |
| Otherpensioncosts | 360,074 | 319,204 |
| Privatemedicalinsurance | 869 | 1,234 |
| 3,418,639 | 3,136,731 |
igurehasbeenchangedtoremovethetwodeputyheadssincethela omparativefigure. |
staccountstoshow |
a |
|---|---|---|
| Restated | ||
| 2023 | 2022 | |
| £ | £ | |
| Aggregateemployeebenefitsofkeymanagementpersonnel | 214,426 | 168,269 |
| henumberofhigherpaidemployeeswhoseannual molumentswere£60,000ormorewas: |
||
|---|---|---|
| 2023 | 2022 | |
| No | No | |
| £120,001-£130,000 | 1 | 1 |
| Thenumberwithretirementbenefitsaccruing: | ||
| -inDefinedBenefitschemeswas | ||
| Ofwhichthecontributionsamountedto | £20,605 | £14,482 |
| Theaveragenumberofemployeesduringthey (2022:109) |
earcalculatedonaheadcountbasis,was | 110 |
|---|---|---|
| 2023 | 2022 | |
| No | No | |
| Teaching | 71 | 73 |
| Otheractivities | 39 | 36 |
| 110 | 109 |
| 12. TANGIBLEFIXEDASSETS | |||||
|---|---|---|---|---|---|
| Groupandcompany | Freehold Land& Buildings |
Workin Progress |
Plant& Equipment |
Computer Equipment |
Total |
| £ | £ | £ | £ | ||
| Cost | |||||
| At1stSeptember2022 | 4,680,343 | 507,450 | 131,008 | 5,318,801 | |
| Additions | 350,308 | 20,024 | 72,600 | 49,200 | 492,132 |
| Disposals | |||||
| Transfers | |||||
| At31'August2023 | 5,030,651 | 20,024 | 580,050 | 180,208 | 5,810,933 |
| Depreciation | |||||
| At1stSeptember2022 | 379,162 | 381,975 | 94,342 | 855,479 | |
| Chargefortheyear | 56,925 | 29,010 | 16,954 | 102,889 | |
| Disposals | |||||
| At31stAugust2023 | 436,087 | 410,985 | 111,296 | 958,368 | |
| Netbookvalueat31stAugust | |||||
| 2023 | 4,594,564 | 20,024 | 169,065 | 68,912 | 4,852,565 |
| Netbookvalueat31stAugust | |||||
| 2022 | 4,301,182 | 125,475 | 36,667 | 4,463,324 |
| 13. INVESTMENTS | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Investmentinsubsidiary | 100 | 100 |
| Companyinvestmentsat 31August |
100 | 100 |
| 14.DEBTORS | ||||
|---|---|---|---|---|
| Group | Company | |||
| 2023 | 2022 | 2023 | 2022 | |
| £ | £ | |||
| Schoolfeesreceivable | 115,951 | 83,764 | 115,951 | 83,764 |
| Tradedebtors | 7,713 | 16,266 | 4,458 | 12,775 |
| Otherdebtors | 799 | 10 | 809 | |
| Prepaymentsandaccruedincome | 162,269 | 208,700 | 162,269 | 208,700 |
| Amountsduefromsubsidiarycompany | 6,758 | 69,828 | ||
| Amountsduefromparentcompany | 90 | 31,457 | 170 | 31,457 |
| 286,023 | 340,986 | 289,616 | 407,333 |
| Group | Company | Company | ||
|---|---|---|---|---|
| 2023 | 2022 | 2023 | 2022 | |
| £ | £ |
£ |
||
| Bankloansandoverdrafts | ||||
| Otherloans | ||||
| Depositsfromparents | 20,410 | 17,440 | 20,410 | 17,440 |
| Feesreceivedfromparentsinadvanceofterm | 474,592 | 336,968 | 474,592 | 336,968 |
| Tradecreditors | 141,182 | 106,998 | 141,182 | 106,998 |
| Taxationandsocialsecurity | 121,852 | 88,169 | 121,852 | 84,669 |
| Othercreditors | 9,886 | 14,278 | 9,886 | 14,278 |
| Accrualsanddeferredincome | 69,474 | 65,309 | 69,474 | 65,309 |
| 837,396 | 629,162 | 837,396 | 625,662 |
| 16. CREDITORS:amountsfalling | dueafteroneyear | |||
|---|---|---|---|---|
| Group | Company | |||
| 2023 | 2022 | 2023 | 2022 | |
| £ | £ | £ |
£ |
|
| Depositsfromparents | 132,435 | 137,830 | 132,435 | 137,830 |
| Feesinadvance | 9,738 | 9738 | ||
| 132,435 | 147,568 | 132,435 | 147,568 |
| COMMITMENTSUNDEROP | ERATINGLEASES | |||
|---|---|---|---|---|
| Landandbuildings | Other | |||
| 2023 | 2022 | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Within1year | 47,681 | 44,660 | ||
| Within1to5years | 68,480 | 91,883 | ||
| Over5years | 5,148 | |||
| 121,309 | 136,543 |
| SHARECAPITAL | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Authorised | ||
| 100OrdinarySharesof£1each | 100 | 100 |
| Allotted,calledupandfullypaid | ||
| 100OrdinarySharesof£1each | 100 | 100 |
| Charity | |||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Share Capital |
2023 | 2022 | |
| £ | £ | £ | |||
| Tangiblefixedassets | 4,852,565 | 4,852,565 | 4,463,324 | ||
| Netcurrentassets/(liabilities) | (222,246) | 100 | (222,146) | 50,414 | |
| Longtermliabilities | (132,435) | (132,435) | (147,568) | ||
| _ | |||||
| ProvisionforLiabilitiesand Charges |
(42,984) | - | (42,984) | (61,960) | |
| 4,454,900 | 100 | 4,455,000 | 4,304,210 | ||
| Group | |||||
| Unrestricted | Restricted | Share Capital |
2023 | 2022 | |
| £ | £ | £ | £ | £ | |
| Tangiblefixedassets | 4,852,565 | 4,852,565 | 4,463,324 | ||
| Netcurrentassetst(liabilities) | (222,246) | (222,246) | 64,844 | ||
| Longtermliabilities | (132,435) | (132,435) | (147,568) | ||
| ProvisionforLiabilitiesand Charges |
(42,984) | (42,984) | (61,980) | ||
| 4,454,900 | 4,454,900 | 4,318,620 |
| PriorYearComparative | |||||
|---|---|---|---|---|---|
| Charity | |||||
| Unrestricted | Restricted | Share Capital |
2022 | 2021 | |
| £ | £ | £ | |||
| Tangiblefixedassets | 4,463,324 | 4,463,324 | 4,209,387 | ||
| Investments | 100 | 100 | 100 | ||
| Netcurrent assets/(liabilities) |
17,350 | 32,964 | 100 | 50,414 | 1,116 |
| Longtermliabilities | (147,568) | (147,568) | (133,260) | ||
| ProvisionforLiabilitiesand Charges |
(61,960) | (61,960) | (71,994) | ||
| 4,271,246 | 32,964 | 100 | 4,304,310 | 4,005,349 | |
| Group | |||||
| Unrestricted | Restricted | Share Capital |
2022 | 2021 | |
| £ | £ | £ | £ | £ | |
| Tangiblefixedassets | 4,463,324 | 4,463,324 | 4,209,387 | ||
| Netcurrent assets/(liabilities) |
31,780 | 32,964 | 100 | 64,844 | 1,116 |
| Longtermliabilities | (147,568) | (147,568) | (133,260) | ||
| ProvisionforLiabilitiesand Charges |
(61,980) | (61,980) | (71,994) | ||
| 4,285,556 | 32,964 | 100 | 4,318,620 | 4,005,249 |
| Charity | Charity | |||
|---|---|---|---|---|
| At1Sept | Incoming | Resources | At31 August |
|
| 2022 | resources | expended | 2023 | |
| £ | £ | £ | £ | |
| RestrictedFunds | ||||
| BursaryFund | 14,834 | (14,834) | ||
| ChapelFund | 16,777 | (16,777) | ||
| LibraryFund | 1,353 | (1,353) | ||
| 32,964 | (14,834) | (18,130) | 0 | |
| UnrestrictedFunds | ||||
| GeneralReserve | 4,271,145 | 5,175,894 | (4,992,139) | 4,454,900 |
| 4,271,145 | 5,175,894 | (4,992,139) | 4,454,900 | |
| TotalFunds | 4,304,109 | 5,161,060 | (5,010,269) | 4,454,900 |
| Group | ||||
| At1Sept | Incoming | Resources | At31 August |
|
| 2022 | resources | expended | 2023 | |
| RestrictedFunds | ||||
| BursaryFund | ||||
| ChapelFund | 14,834 | (14,834) | ||
| KitchenEquipment | 16,777 | (16,777) | ||
| LibraryFund | 1,353 | (1,353) | ||
| 32,964 | (14,834) | (18,130) | 0 | |
| UnrestrictedFunds | ||||
| GeneralReserve | 4,285,556 | 5,159,162 | (4,989,818) | 4,454,900 |
| 4,285,556 | 5,159,162 | (4,989,818) | 4,454,900 | |
| TotalFunds | 4,318,520 | 5,144,328 | (5,007,948) | 4,454,900 |
| CAPITALCOMMITMENTS | ||
|---|---|---|
| At31August2023,thegrouphadcapitalcommitmentsasfollows: | 2023 | 2022 |
| £ | £ | |
| Expenditurecontractedforbutnotprovidedintheaccounts | 16,630 | 169,653 |
equiredtomeettheirshareoftheschemedeficitonana hescheme. Summaryofprovisionforpensiondeficitrecoveryplan |
nnuitypurchasebasisonwithd |
rawalfrom |
|---|---|---|
| Company | ||
| 2023 | 2022 | |
| £'000 | £'000 | |
| TPTRetirementSolutions-TheGrowth Plan |
25 | 41 |
| ENSIONSCHEMES(Continued) | ||
|---|---|---|
| PresentValuesofProvision | 2023 | 2022 |
| E | E | |
| Presentvalueofprovision | 24,822 | 41,250 |
| Reconciliationofopeningandclosingprovisions | 2023 | 2022 |
| E | ||
| Provisionat1September | 41,250 | 59,860 |
| Unwindingofthediscountfactor | 1,420 | 318 |
| Deficitcontributionpaid | (17,600) | (17,087) |
| Remeasurements-impactofanychangeinassumptions | (248) | (1,841) |
| Remeasurernents-amendmentstothecontributionschedule | ||
| Provisionat31August | 24,822 | 41,250 |
| Incomeandexpenditureimpact | 2023 | 2022 |
| E | £ |
|
| Interestexpense | 1,420 | 318 |
| Rerneasurements-impactofanychangeinassumptions | (248) | (1,841) |
| Rerneasurernents-amendmentstothecontributionschedule | ||
| ContributionspaidinrespectoffutureserviceA. | ||
| Costsrecognisedinincome,andexpenditureaccount | ||
| *includesdefinedcontributionschemesandfutureservicecontributions(i.e.excludinganydeficit | ||
| reductionpayments)todefinedbenefitschemeswhicharetreatedasdefinedcontribution | ||
| schemes.Tobecompletedbythecompany | ||
| 2023 | 2022 | |
| Assumptions | ||
| %per | %per | |
| annum | annum | |
| Rateofdiscount | 6.04 | 4.46 |
sche |
meateachyearendperiod: |
||
|---|---|---|---|
| 2023 | 2022 | ||
| E | |||
| Year | 1 | 18,128 | 17,600 |
| Year | 2 | 7,684 | 18,128 |
| Year | 3 | 7,684 | |
| Year | 4 |
| 22.PENSIONSCHEMES—Continued Reconciliationofopeningandclosingprovisions |
||
|---|---|---|
| PeriodEnding | PeriodEnding | |
| 31stAugust2023 | 31stAugust2022(Es) | |
| (Es) | ||
| Provisionatstartofperiod | 20,710 | 12,134 |
| Unwindingofthediscountfactor(insert expense) | 840 | 125 |
| Deficitcontributionpaid | (2,268) | (1,308) |
| Remeasurements—impactofanychangesin | (1,120) | (3,438) |
| assumptions | ||
| Remeasurernents—amendmentstothecontributions | 13,197 | |
| schedule | ||
| Provisionatendofperiod | 18,162 | 20,710 |
| IncomeandExpenditureImpact | ||
|---|---|---|
| PeriodEnding | PeriodEnding | |
| 31StAugust2023 | 31stAugust2022 | |
| (Es) | (Es) | |
| Interestexpense | 840 | 125 |
| Remeasurements—impactofanychangein | (1,120) | (3,438) |
| assumptions | ||
| Remeasurements—amendmentstothecontribution | 13,197 | |
| schedule | ||
| Contributionspaidinrespectoffutureservice* | ||
| Assumptions | ||
| 31August2023 | 31August2022 | |
| %perannum | %perannum | |
| Rateofdiscount | 5.79 | 4.31 |
| 2023 | 2022 | ||
|---|---|---|---|
| £ | £ | ||
| Year | 1 | 2,337 | 2,268 |
| Year | 2 | 2,407 | 2,337 |
| Year | 3 | 2,479 | 2,407 |
| Year | 4 | 2,553 | 2,479 |
| Year | 5 | 2,630 | 2,553 |
| Year | 6 | 2,709 | 2,630 |
| Year | 7 | 2,790 | 2,709 |
| Year | 8 | 2,874 | 2,790 |
| Year | 9 | 2,467 | 2,874 |
| Year | 10 | 2,467 |
| 23.RECONCILIATIONOFNET(INCOME)/EXPENDITURETONET OPERATINGACTIVITIES |
CASHINFLOWFRO | M |
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Netincomefortheyear(asperthestatementoffinancial activities) |
136,380 | 313,371 |
| Adjustmentsfor: | ||
| Depreciationcharges | 102,889 | 99,598 |
| Dividends,interestandrentsfrominvestments | 0 | (3) |
| Financingcosts | 23,459 | 46,933 |
| (Increase)/Decreaseindebtors | 54,883 | (105,733) |
| Increase/(Decrease)increditors | 174,125 | (187,157) |
| Netcashoperatingactivities | 491,817 | 167,009 |
| 24.ANALYSISOFCASHANDCASHEQUIVALENTS | ||
| 2023 | 2022 | |
| £ | £ | |
| Cashatbankandinhand | 329,227 | 353,001 |
| Totalcashandcashequivalents | 329,227 | 353,001 |
| At1st Sept2022 |
Cashflows | Othernon- cash changes |
At31st August 2023 |
|
|---|---|---|---|---|
| £ | £ | |||
| Cashandcashequivalents | ||||
| Cash | 353,001 | (23,774) | 329,227 | |
| Overdraftfacilityrepayableondemand | ||||
| Total | 353,001 | (23,774) | 0 | 329,227 |
| 2021 | ||||
|---|---|---|---|---|
| YearEnded31August2022 | Unrestricted | Restricted | Total | Total |
| £ | £ | £ | ||
| Incomeandendowmentsfrom | ||||
| Charitableactivities | ||||
| Schoolfeesreceivable | 4,676,853 | 4,676,853 | 4,029,187 | |
| Ancillarytradingincome | 249,969 | 249,969 | 204,817 | |
| Othertradingactivities | ||||
| Non-ancillarytradingincome | 171,285 | 171,285 | 82,368 | |
| Investments | ||||
| Bankandotherinterest | 3 | 3 | 13 | |
Volun₹arysources |
||||
| Grantsanddonations | 2,387 | 0 | 2,387 | 50,471 |
| Otherincomingresources | ||||
| TotalIncomingResources | 5,100,497 | 0 | 5,100,497 | 4,366,856 |
| Expenditureon: | ||||
| Raisingfunds | ||||
| Nonancillarytrading | 0 | 0 | 32 | |
| Financingcosts | 46,933 | 46,933 | 47,565 | |
| TotalDeductibleCosts | 46,933 | 46,933 | 47,597 | |
| Charitableactivities | ||||
| Educationandgrantmaking | 4,740,193 | 4,740,193 | 4,040,613 | |
| TotalResourcesExpended | 4,787,126 | 0 | 4,787,126 | 4,088,210 |
| Netmovementinfundsfortheyear | 313,371 | 313,371 | 278,646 | |
| Fundbalancesbroughtforwardat1st September |
3,972,185 | 32,964 | 4,005,149 | 3,726,503 |
| FundBalancesat31stAugust | 4,285,556 | 32,964 | 4,318,520 | 4,005,149 |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| CentralServiceLevytomeetrunningcosts | 30,672 | 23,307 |
| 30,672 | 25,275 | |
| 2023 | 2022 | |
| £ | £ | |
| SalaryRecharges | 103,793 | 171,241 |
| 103,793 | 171,241 |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| FeesinAdvanceCommission | 170 | 143 |
| SalaryRecharges | 31,314 | |
| 170 | 31,457 |