2023-08-31-accounts

		2023 (6)		2022(O
Totalincome			2,163,495		1,646,663
Charitable	expenditure		1,902,734		1,354,111
Surplus for	the year		260,761		292,552
Net current	assets		1,222,258		961,499
Cash bank			283,182		742,031
Total reserves			1,222,258		961,499

				Restricted	Unrestricted	Total	Total
				funds	funds	funds	funds
				2023	2023	2023	2022
Income from:		Note
Donations and legacies			3	37,379	33,923	71,301	90,033
Charitable activities			4	2,090,086	811	2,090,897	1,556,332
Investments					1,294	1,294	298
Total income				2,127,465	36,028	2,163,493	1,646,663
Expenditure on:
Charitable activities			6	1,902,021	713	1,902,734	1,354,111
Total expenditure				1,902,021	713	1,902,734	1,354,111
Net income				225,444	35,315	260,759	292,552
Transfers between	funds		15	39,224	(39,224)
Net movement in	funds			264,668	(3,909)	260,759	292,552
Reconciliation offunds:
Total funds brought	forward			957,590	3,910	961,499	668,947
Net movement in funds				264,668	(3,909)	260,759	292,552
Total funds carried	forward			1,222,258	1	1,222,259	961,499

				2023	2022
Cash flows from operating	activities
Net cash used in operating	activities			1,849,140	242,821
Cash flows from investing	activities
Purchase oftangible fixed assets				(1,342,300)	(5,354)
Net cash used in investing	activities			(1,342,300)	(5,354)
Cash flows from financing	activities
Cash inflows from new borrowing				(966,000)
Net cash (used in)/provided	by financing		activities	(966,000)
Change in cash and cash equivalents		in the year		(459,160)	237,467
Cash and cash equivalents	at the beginning		ofthe year	742,341	504,874
Cash and cash equivalents	at the end	of	the year	283,181	742,341

			Restricted	Unrestricted	Total
			funds	funds	funds
			2023	2023	2023
Donations			28,050	33,923	61,973
Government	grants		9,329		9,329
Total 2023			37,379	33,923	71,302
			Restricted	Unrestricted	Total
			funds	funds	funds
			2022	2022	2022
Donations			25,500	59,801	85,301
Government	grants		4,732		4,732
		Total 2022	30,232	59,801	90,033

				Restricted	Unrestricted	Total
				funds	funds	funds
				2023	2023	2023
Income	from	charitable	activities	2,090,086	811	2,090,897
				Restricted	Unrestricted	Total
				funds	funds	funds
				2022	2022	2022
Income	from	charitable	activities	1,554,282	2,050	1,556,332

		Unrestricted	Total
		funds	funds
		2023	2023
Investment	income	1 294	1 294
		Unrestricted	Total
		funds	funds
		2022	2022
Investment	income	298	298

Restricted	Unrestricted
funds	funds	Total
2023	2023	2023
1,902,021	713	1,902,734
	Restricted
	funds	Total
	2022	2022
	1,354,111	1,354,111

			Activities
			undertaken	Support	Total
			directly	costs	funds
			2023	2023	2023
Education			1 612645	290089	1 902734
			Activities
			undertaken	Support	Total
			directly	costs	funds
			2022	2022	2022
Education			1,122,553	231,558	1,354,111
Analysis	ofdirect	costs
					Total
				Education	funds
				2023	2023
Staff costs				926,594	926,594
Direct educational		costs		663,396	663,396
Training	and recruitment			22,655	22,655
Total 2023				1,612,645	1,612,645
					Total
				Education	funds
				2022	2022
Staff costs				756,579	756,579
Direct educational		costs		347,964	347,964
Training	and recruitment			'I8,010	'I8,010
			Total 2022	1,122,553	1,122,553
					32

sis of expenditure by activities (Cont	sis of expenditure by activities (Cont	inued)
Analysis ofsupport costs
			Total
		Education	funds
		2023	2023
Staff costs		45,844	45,844
Depreciation		18,498	18,498
Bank charges		1,472	1,472
Sundry expenses		714	714
Accountancy		7,260	7,260
Repairs and maintenance		15,452	15,452
Utilities		10,860	10,860
Legal and professional	fees	99,530	99,530
Insurance		14,079	14,079
Rent and rates		60,787	60,787
Bookkeeping		13,200	13,200
Loan interest		2,393	2,393
Total 2023		290,089	290,089

During the year the ch	arity incurred governanc	e costs of E7,260 (2022: E6,900	).
				Total
			Education	funds
			2022	2022
Staff costs			47,875	47,875
Depreciation			1,025	1,025
Bank charges			130	130
Accountancy			6,900	6,900
Repairs and maintenance			21,108	27,108
Utilities			5,761	5,761
Legal and professional	fees		78,852	78,852
Insurance			7 7,104	7 7,104
Rent and rates			54,003	54,003
Bookkeeping			70,800	70,800
		Total 2022	237,558	237,558

											2023	2022
		Fees payable	to the	Company's		auditor for		the
		audit ofthe Company's			annual	accounts					7 260	6 900
9	Staff	costs
											2023	2022
		Wages and salaries									875,116	717,959
		Social security costs									78,242	64,532
		Contribution	to defined		contribution		pension		schemes		19,080	15,963
											972,438	798,454
		The average	number	of	persons	employed		by the Company		during
		the year was	as follows;

the ye	ar	was as follows;
			2023	2022
			No.	No.
Management
Teaching		and education	26	21
Admin	and premises		3	2
			33	27

gible fixed	assets
		Freehold	Fixtures and
		property	fittings	Total
Cost or valuation
At 1 September 2022			34,184	34,184
Additions		2,291,948	16,352	2,308,300
At 31 August	2023	2,291,948	50,536	2,342,484
Depreciation
At 1 September 2022			26,270	26,270
Charge for the year		14,000	4,498	18,498
At 31 August	2023	14,000	30,768	44,768
Net book value
At 31 August	2023	2,277,948	19,768	2,297,716
At 31August	2022		7,914	7,914
tors
			2023	2022
Due within one year
Trade debtors			468,292	588,269
Other debtors			170	208,959
Prepayments	and accrued income		56,814	51,163
			525,276	848,391

					2023	2022
Other loans					22,037
Trade creditors					20,221	'I0,502
Other taxation and	social		security		21,919	20,821
Pension creditor					4,153	4,130
Other creditors					1,360
Accruals and deferred		income			870,261	601,695
					939,951	637,148
					2023	2022
Deferred income at 1		September		2022	597,781	477,480
Resources deferred	during		the year		801,316	597,781
Amounts released	from previous			periods	(597,781)	(477,480)
					801,316	597,781

2023	2022
943,963

funds - curr	en	t
				Balance at	1					Balance at
				September				Transfers	in/	31 August
				2022 f		Income f	Expenditure f		out f	2023 f
Unrestricted		funds
General Funds			—all
funds				3,910		36,027	(713)	(39,224)
Restricted funds
Restricted
donations						28,050	(28,050)
Fee income				957,590		2,090,086	(1,864,642)	(1,292,491)		(109,457)
Pupil premium						9,329	(9,329)
				957,590		2,127,465	(1,902,021)	(1,292,491)		(109,457)
Restricted	Funds			- Class II
Property and		other
assets								1,331,715		1,331,715
Total Restricted				Funds
				957,590		2,127,465	(1,902,021)	39,224		1,222,258
Total offunds				961,500		2,163,492	(1,902,734)			1,222,258

Statement of
funds - prior	year
			Balance at				Balance at
		1	September			Transfers in/	31August
			2021	Income	Expenditure	out	2022
			E	E	E	E	E
Unrestricted	funds
General Funds - all
funds			1,563	62,148		(59,801)	3,910
			Balance at				Balance at
		1	September			Transfers in/	31August
			2021	Income	Expenditure	out	2022
			E	E	E	E	E
Restricted funds
Restricted
donations			30,000	25,500	(115,601)	59,801	(300)
Fee income			633,798	1,554,282	(1,232,753)	(5352)	949 975
Fixed assets			3,588		(1,025)	5,352	7,915
Pupil premium				4,732	(4,732)
			667,386	1,584,514	(1,354,111)	59,801	957,590
Total offunds			668,949	1,646,662	(1,354,111)		961,500

Summary	offunds
-current	year
		Balance at 1						Balance at
		September				Transfers	in/	31 August
		2022	Income	Expenditure			out	2023
		f	f		f		f	f
General funds		3,910	36,027	(713)		(39,224)
Restricted	funds	957,590	2,127,465	(1,902,021)		39,224		1,222,258
Restricted funds
-Class II						1,331,715		1,331,715
		961,500	2,163,492	(1,902,734)				1,222,258
Summary	offunds
- prior year
		Balance at						Balance at
		1 September				Transfers	in/	31August
		2021f	Incomef	Expendituref			outf	2022f
General funds		1,563	62,148			(59,801)		3,910
Restricted	funds	667,386	1,584,514	(1,354,1	11)	59,801		957,590
		668,949	1,646,662	(1,354,111)				961,500

Analysis of ne	t ass		ets	betwe	en	fun	ds - current year
									Restricted
							Restricted		funds	Total
							funds		class II	funds
							2023		2023	2023
Tangible fixed	assets								2,297,715	2,297,715
Current assets							808,457			808,457
Creditors due within one year							(917,914)		(22,037)	(939,951)
Creditors due in more			than one year						(943,963)	(943,963)
Total							(109,457)		1,331,715	1,222,258
Analysis of net assets			between		funds		- prior year
							Restricted	Unrestricted		Total
							funds		funds	funds
							2022		2022	2022
Tangible fixed	assets						7,914			7,914
Current assets							1,586,823		3,909	1,590,732
Creditors due	within		one year				(637,148)			(637,148)
Total							957,589		3,909	961,498
19Reconciliation	of net			movement		in	funds to net cash flow
from operating activities
									2023	2022
Net income for the year (as per Statement							of Financial Activities)		260,759	292,552
Adjustments	for:
Depreciation	charges								18,497	1,025
Decrease/(increase)		in debtors							323,118	(168,792)
Increase in creditors									1,246,766	118,036
Net cash provided		by		operating	activities				1,849,140	242,821

lysis	of cash and cash equivalents
		2023	2022
Cash	in hand	283,181	742,341
Total	cash and cash equivalents	283,181	742,341

				At 1		Other	At 31
				September		non-cash	August
				2022	Cash flows	changes	2023
Cash	at bank and		in hand	742,341	(459,159)		283,182
Debt	due within		1 year	(4,130)		(22,060)	(26,190)
Debt	due after	1	year			(943,963)	(943,963)
				738,211	(459,159)	(966,023)	(686,971)

non-canc	ellabl	e operating leases as follows:
			2023	2022
			E	E
Not later	than	1 year	48,370	48,370
Later than	1 year and not later than 5 years		43,815	92,185
			92185	140,555