2022-08-31-accounts - Rishworth School

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Legal and Administrative Information	2-3
Annual Report ofthe Governors	4-14
Parent Statement ofFinancial Activities	15-16
Consolidated Statement ofFinancial Activities	17-18
Parent Balance Sheet	19
Consolidated Balance Sheet	20
Consolidated Cash Flow Statement	21
Notes forming part ofthe Financial Statements	22-37
Independent Auditors' Report	38-42

Bankers		Lloyds TSBBank	Lloyds TSBBank	Pic
		14/16 High Street
		Huddersfield
		West Yorkshire		HX12LE
Solicitors		Schofield Sweeney
		Springfield House
		76Wellington	Street
		Leeds
		West Yorkshire
		LS12AY
		Eaton Smith
		14 High Street
		Huddersfield
		West Yorkshire
		HD12HA
Auditors		Spenser Wilson		Ltd
		Chartered Accountants			and	Business Advisors
		Equitable House
		SS Pelion Lane
		Halifax
		West Yorkshire
		HX1SSP
Investment	Advisors	Cardale Asset Management				Limited
		2 Greengate
		Cardale Park
		Harrogate
		HG3 1GY

the Year Ended 31"	August	2022
		Notes	Unrestricted	Endowed	Restricted	Totalfor
			Funds	Funds	Funds	Yearto
			School	School		31Aug 2022
			6	E		E
INCOME AND ENDOWMENTS	FROM
Donations and legacies					5,000	5,000
Charitable activities:
Fees receivable		3	4,848,581		48,531	4,897,112
Other educational income		4	7,800			7,800
Other ancillary income		5	322,043			322,043
Investments				16,539	6,864	23,403
Earned from other activities
Bank and other interest			127			127
Donation from subsidiary			100,528			100,528
Total incoming resources			5,279,079	16,539	60,395	5,356,013
RESOURCES EXPENDED
Raising funds
Investment management				6,379	3,447	9,826
Charitable activities
Teaching costs			3,119,085		48,531	3,167,616
Welfare			536,521			536,521
Premises			865,843		5,000	870,843
Grants and scholarships					29,309	29,309
Administration and support			979,554			979,554
Total resources expended		7/8	5,501,003	6,379	86,287	5,593,669
NET INCOME / (EXPENDITURE)
BEFORETRANSFERS			(221,924)	10,160	(25,892)	(237,656)
Transfers between funds		9	498	(498)
NET OPERATING SURPLUS / (DEFICIT)			(221,426)	9,662	(25,892)	(237,656)
Net Gains / (losses) on investments		10		(98,239)	(55,416)	(153,655)
Net Income/ (expenditure)			(221,426)	(88,577)	(81,308)	(391,311)
Reconciliation offunds
Total funds brought forward			1,921,233	1,199,729	596,929	3,717,891
TOTAL FUNDS CARRIED FORWARD			1,699,807	1,111,152	515,621	3,326,580

Ended 31"August 2	021)
		Notes	Unrestricted	Endowed	Restricted	Total for 13
			Funds	Funds	Funds	Months to
			Schoolf	Schoolf		31Aug 2021 f
INCOME AND ENDOWMENTS	FROM
Donations and legacies			274,113			274,113
Charitable activities
Fees receivable			4,761,217		43,325	4,804,542
Other educational income			9,510			9,510
Other ancillary income			215,615			215,615
Investments				19,414	7949	27,363
Earned from other activities
Bank and other interest			1,102			L102
Donation from subsidiary			60,555			60,555
Total incoming resources			5,322,112	19,414	51,274	5,392,800
RESOURCES EXPENDED
Raising funds
Investment management				6,634	3,611	10,245
Charitable activities
Teaching costs			3,226,952		43,325	3,270,277
Welfare			528,228			528,228
Premises			869,204			869,204
Grants and scholarships					4,338	4,338
Administration and support			754,055			754,055
Total resources expended		7/8	5,378,439	6,634	51,274	5,436,347
NET INCOME / (EXPENDITURE)
BEFORETRANSFERS			(56,327)	12,780		(43,547)
Transfers between funds		9	(12,105)	12,105
NET OPERATING SURPLUS / (DEFICIT)			(68,432)	24,885		(43,547)
Net Gains / (losses) on investments		10		140,053	83,363	223,416
Net Income/ (expenditure)			(68,432)	164,938	83,363	179,869
Reconciliation offunds
Total funds brought forward			1,989,665	1,034,791	513,566	3,538,022
TOTAL FUNDS CARRIED FORWARD			1,921,233	1,199,729	596,929	3,717,891

		Notes	Unrestricted	Endowed	Restricted	Totalfor
			Funds	Funds	Funds	Yearto
			School	School		31Aug 2022
			E	E		E
INCOME AND ENDOWMENTS	FROM
Donations and legacies					5,000	5,000
Charitable activities
Fees receivable		3	4,848,581		48,531	4,897,112
Other educational income		4	7,800			7,800
Other ancillary income		5	322,043			322p043
Investments				16,539	6,864	23,403
Earned from other activities
Bank and other interest			141			141
Trading income			101,894			101,894
Total incoming resources			5,280,459	16,539	60,395	5,357,393
RESOURCES EXPENDED
Cost ofRaising funds
Investment management				6,379	3,447	9,826
Trading legal and professional	fees		1,380			1,380
Charitable activities
Teaching costs			3,119,085		48,531	3,167,616
Welfare			536,521			536,521
Premises			865,843		5,000	870,843
Grants and scholarships					29,309	29,309
Administration and support			979,554			979,554
Total resources expended		7/8	5,502,383	6,379	86,287	5,595,049
NET INCOME/(EXPENDITURE)	BEFORE
TRANSFERS			(221,924)	10,160	(25,892)	(237,656)
Transfers between funds		9	498	(498)
NET OPERATING SURPLUS / (DEFICIT)			(221,426)	9,662	{25,892)	(237,656)
Net Gains / (losses) on investments		10		(98,239)	(55,416)	(153,655)
Net Income / (expenditure)			(221,426)	(88,577)	(81,308)	(391,311)
Reconciliation offunds
Total Funds brought forward			1,921,233	1,199,729	596,929	3,717,891
TOTAL FUNDS CARRIED FORWARD			1,699,807	1,111,152	515,621	3,326,580

		Notes	Unrestricted	Endowed	Restricted	Total for 13
			Funds	Funds	Funds	Months to
			School	School		31Aug 2021
			E	E		E
INCOME AND ENDOWMENTS	FROM
Donations and legacies			274,113			274,113
Charitable activities
Fees receivable			4,761,217		43,325	4,804,542
Other educational income			9,510			9,510
Other ancillary income			215,615			215,615
Investments				19,414	7,949	27,363
Earned from other activities
Bank and other interest			1,107			1,107
Trading income			61,870			61,870
Total incoming resources			5,323,432	19,414	51,274	5,394,120
RESOURCES EXPENDED
Cost of Raising funds
Investment management				6,634	3,611	10,245
Trading legal and professional	fees		1,320			1,320
Charitable activities
Teaching costs			3,226,952		43,325	3,270,277
Welfare			528,228			528,228
Premises			869,204			869,204
Grants and scholarships					4,338	4,338
Administration and support			754,055			754,055
Total resources expended		7/8	5,379,759	6,634	51,274	5,437,667
NET INCOME / (EXPENDITURE) BEFORE
TRANSFERS			(56,327)	12,780		(43,547)
Transfers between funds		9	(12,105)	12,105
NET OPERATING SURPLUS/(DEFICIT)			(68,432)	24,885		(43,547)
Net Gains / (losses) on investments		10		140,053	83,363	223,416
Net Income / (expenditure)			(68,432)	164,938	83,363	179,869
Reconciliation offunds
Total Funds brought forward			1,989,665	1,034,791	513,566	3,538,022
TOTAL FUNDS CARRIED FORWARD			1,921,233	1,199,729	596,929	3,717,891

Balance Sheet as at 31"August	2022
	Notes		31August		31August
			2022		2021
FIXEDASSETS			E		E
Tangible assets	11		2,496,189		2,727,571
Investments	12		1,362,175		1,514,581
			3,858,364		4,242,152
CURRENT ASSETS
Debtors and accrued income	13	282,682		191,125
Cash at bank and in hand		1,161,053		678,374
		1,443,735		869,499
LIABILITIES
Creditors due within one year	14	(1,543,250)		(1,043,833)
NET CURRENT ASSETS/(LIABILITIES)			(99,515)		(174,334)
TOTAL ASSETS LESSCURRENT LIABILITIES			3,758,849		4,067,818
CREDITORS
Due after more than one year	14		(432,269)		(349,927)
TOTAL NET ASSETS			3,326,580		3,717,891
THE FUNDS OF THE CHARITY
Unrestricted funds			1,699,807		1,921,233
Endowment funds			1,111,152		1,199,729
Restricted income funds			515,621		596,929
TOTALFUNDS	16/17		3,326,580		3,717,891

Consolidated Balance Sheet as a	t31"Au	gust 2022
	Notes		31August		31August
			2022		2021
FIXEDASSETS			6		E
Tangible assets	11		2,496,189		2,727,571
Investments	12		1,362,174		1,514,580
			3,858,363		4,242,151
CURRENT ASSETS
Debtors and accrued income	13	183,154		109,515
Cash at bank and in hand		1,261,962		761,305
		1,445,116		870,820
LIABILITIES
Creditors due within one year	14	(1,544,630)		(1,045,153)
NET CURRENT ASSETS/(LIABILITIES)			(99,514)		(174,333)
TOTAL ASSETS LESSCURRENT LIABILITIES			3,758,849		4,067,818
CREDITORS
Due after more than one year	14		(432,269)		(349,927)
TOTAL NET ASSETS			3,326,580		3,717,891
THE FUNDS OF THE CHARITY
Unrestricted funds			1,699,807		1,921,233
Endowment funds			1,111,152		1,199,729
Restricted income funds			515,621		596,929
TOTAL FUNDS	16/17		3,326,580		3,717,891

Consolidated Cash Flow Statemen	t for th	e Year En	ded 31"Aug	ust 2022
	Notes				13Month
			Year ended		Period
			31August		ended 31
			2022		August 2021
			E		E
NET CASH INFLOW FROM OPERATING
ACTIVITIES	20		510,605		329,003
RETURNS ON INVESTMENTS AND SERVICING
OF FINANCE
Investment income		23,403		27,363
Interest receivable		141		1,107
NET CASH INFLOW FROM RETURNS ON			23,544		28,470
INVESTMENTS AND SERVICING OF FINANCE
CAPITAL EXPENDITURE AND FINANCIAL
INVESTMENTS
Purchase oftangible fixed assets		(57,834)		(54,303)
Purchase of investments		(375,780)		(417,418)
Proceeds from sale offixed assets		20,750
Proceeds from sale ofinvestments		379,372		398,219
NET CASH OUTFLOW FROM INVESTING			(33,492)		(73,502)
ACTIVITIES
INCREASE / (DECREASE) IN CASH AND CASH
EQUIVALENTS	21		500,657		283,971

Freehold	buildings	1%- 2%ofcost
Property	improvements/refurbishment	6% - 15%ofcost
Furniture	and equipment	10%- 25%of cost
Computer	equipment	15% —25%ofcost

. Donatio	ns and Legacies
			Yearto	13Months to
		31	Aug 2022	31Aug 2021
			f	6
Donations			5,000	12,782
Government	grants			261,331
			5,000	274,113

. Fees Receivable
		Yearto	13Months to
School Fee income comprises:		31Aug 2022	31Aug 2021
		6	6
Gross Fees		5,894,413	5,781,631
Less: Total bursaries,	grants and allowances	(1,026,610)	(981,427)
Add back: Scholarships,	grants etc. paid for by	29,309	4,338
restricted funds
		4,897,112	4,804,542

					Yearto	13Months to
					31Aug 2022	31Aug 2021
						f
Other educational			income
Entrance	and	registration		fees	7,800	9,510
					7,800	9,510
5. Ancillary		Income
					Yearto	13Months to
					31Aug 2022	31Aug 2021
					E	E
Property	income				84,320	76,825
Student	deposits				108,275	78,588
Discount	received					4
Short stay boarding					89,447	60,198
Other income					36,051
Gain on	disposal of		fixed assets		3,950
					322,043	215,615

			Yearto	13Months to
			31Aug 2022	31Aug 2021
			6	6
Listed investments			18,137	22,461
Common	investment	funds	5,266	4,902
			23,403	27,363

. Total Reso	urces Expended
PARENT		Staff costs	Other	Depreciation	Yearto
					31Aug 2022
					6
Charitable activities
Teaching costs		2,907,226	226,500	33,890	3,167,616
Welfare		339,911	196,610		536,521
Premises		188,876	443,441	238,526	870,843
Administration	ofthe school	527,119	452,435		979,554
Costs ofschooling		3,963,132	1,318,986	272,416	5,554,534
Grants, awards	and prizes		29,309		29,309
Cost ofRaising	funds
Investment management			9,826		9,826
Total resources	expended	3,963,132	1,358,121	272,416	5,593,669
CONSOLIDATION		Staff costs	Other	Depreciation	Yearto
					31Aug 2022
					6
Charitable activities
Teaching costs		2,907,226	226,500	33,890	3,167,616
Welfare		339,911	196,610		536,521
Premises		188,876	443,441	238,526	870,843
Administration	ofthe school	527,119	452,435		979,554
Costs ofschooling		3,963,132	1,318,986	272,416	5,554,534
Grants, awards	and prizes		29,309		29,309
Cost of Raising	funds
Investment management			9,826		9,826
Trading costs			1,380		1,380
Total resources	expended	3,963,132	1,359,501	272,416	5,595,049

PARENT		Staff costs	Other	Depreciation	13Months to
					31Aug 2021
					E
Charitable activities
Teaching costs		3,061,176	166,757	42,344	3,270,277
Welfare		386,806	141,422		528,228
Premises		209,442	397,316	262,446	869,204
Administration	ofthe school	443,838	310,217		754,055
Costs ofschooling		4,101,262	1,015,712	304,790	5,421,764
Grants, awards	and prizes		4,338		4,338
Cost ofRaising	funds
Investment management			10,245		10,245
Total resources	expended	4,101,262	1,030,295	304,790	5,436,347
CONSOLIDATION		Staff costs	Other	Depreciation	13Months to
					31Aug 2021
					E
Charitable activities
Teaching costs		3,061,176	166,757	42,344	3,270,277
Welfare		386,806	141,422		528,228
Premises		209,442	397,316	262,446	869,204
Administration	ofthe school	443,838	310,217		754,055
Costs ofschooling		4,101,262	1,015,712	304,790	5,421,764
Grants, awards	and prizes		4,338		4,338
Cost of Raising	funds
Investment management			10,245		10,245
Trading costs			1,320		1,320
Total resources	expended	4,101,262	1,031,615	304,790	5,437,667

			Parent		Consolidated
			Year to	13Months to	Year to	13Months to
			31Aug 2022	31Aug 2021	31Aug 2022	31Aug 2021
			6	6	f	6
Charitable	activity expenditure
includes:
Premises repairs			133,659	108,504	133,659	108,504
Depreciation			274,517	304,790	274,517	304,790
Governance	expenditure	includes:
Auditors' remuneration		for:
Statutory audit			6,600	6,600	6,600	6,600
Governors'	liability insurance		4,870	4,394	4,870	4,394
Total staff	costs comprising
Wages and	salaries		3,208,417	3,319,971	3,208,417	3,319,971
Social security costs			310,749	314,864	310,749	314,864
Pension contributions			443,966	466,428	443,966	466,428
Total staff	casts		3,963,132	4,101,262	3,963,132	4,101,262

			Year to	13Months to
			31Aug 2022	31Aug 2021
680,000	-	690,000	1	1
660,000	-	f70,000	2	2

		Year to		13Months to
		31Aug 2022		31Aug 2021
	No	6	No	6
Teachers' pension scheme	2	33,874	2	33,833
School scheme support staff
	2	33,874	2	33,833

. Transfer Be	tween Funds
			Yearto	13months to31
			31August 2022	August 2021
			6	f
Income released	from endowed	funds	10,160	12,780
Net income reduction				(15,223)
Loan replacement	fund		(9,662)	(9,662)
			498	(12,105)

0.Net Gains / (Losses) o	n investments
	Yearto	13months to
	31Aug 2022	31Aug 2021f
Realised	40,099	41,344
Unrealised	(193,754)	182,072
	(153,655)	223,416

1.Tangible Fixed	A	ssets (Parent gr Con	solidated)
		Freehold	Freehold		~Pro ert	Furniture		~Com uter	Total
		foundation	school				and	~Eui ment
		~ro ert	~buildin	s	refurbishment	ecteui	ment
		E
Cost
At 1*'August 2021		20,956	2,316,694		4,706,608	1,070,211		1,407,595	9,522,064
Additions					15,108		42,726		57,834
Disposals						(21,000)			(21,000)
As at31"August 2022		20,956	2,316,694		4,721,716	1,091,937		1,407,595	9,558,898
Depreciation At 1"August 2021			636,983		3,795,967	1,013,523		1,348,020	6,794,493
Charge for the year			23,167		201,434		13,925	33,890	272,416
Eliminated on disposals As at31"August 2022			660,150		3,997,401	(4,200) 1,023,248		1,381,910	(4,200) 7,062,709
Net BookValue
As at 31*'August 2022		20,956	1,656,544		724,315		68,689	25,685	2,496,189
As at31"August 2021		20,956	1,679,711		910,641		56,688	59,575	2,727,571
2. Investments
		Unrestricted			Restricted		Endowment		Total
			5			E		E	E
Balance as at 1"August		2021			529,367			985,213	1,514,581
Additions					133,084			242,696	375,780
Disposals at opening	market value				(140,646)		(238,726)		(379,372)
Change in market value					(55,416)			(98,239)	(153,655)
Increase/(Decrease)in		cash			4,716			125	4,841
Balance as31"August		2022			471,105			891,069	1,362,175
Comprising:
Investment in subsidiary									1
Listed Investments					452,568			661,914	1,114,482
Common investment	funds							187,435	187,435
Cash awaiting investments					18,537			41,720	60,257
			1		471,105			891,069	1,362,175

							Yearto	13months to	13months to
							31August 2022	31August 2021
							6		6
Turnover							101,894		61,870
Administration		Costs					(1,380)		(1,320)
Interest receivable							14		5
Covenanted donation			to	Rishworth	school		(100,528)		(60,555)
Net Profit	Loss for		the Year
13.Debtors		and accrued income
							Parent		Consolidated
						31Aug	31Aug	31Aug	31Aug
						2022	2021	2022	2021
						6	f	6	6
Fees						95,835	27,230	95,835	27,230
Other debtors						6,840	6,191	7,840	6,191
Rishworth	School Trading			Ltd		100,528	81,610
Prepayments		and accrued income				79,479	76,094	79,479	76,094
						282,682	191,125	183,154	109,515
14.Creditors
							Parent		Consolidated
						31Aug	31Aug	31Aug	31Aug
						2022	2021	2022	2021
						f	6	6	6
Amounts	falling due		within one year
Fees received		in advance		(note 15)		1,116,663	703,421	1,116,663	703,421
Trade creditors						165,885	116,519	165,885	116,519
Taxation and		social security				77,592	77,274	77,592	77,274
Final term	deposits					135,243	59,685	135,243	59,685
Accruals and		deferred	income			47,867	86,934	49,247	88,254
						1,543,250	1,043,833	1,544,630	1,045,153
Amounts	falling due		after more than
one year
Final term	deposits					379,045	264,630	379,045	264,630
Fees received		in advance				53,224	85,297	53,224	85,297
						432,269	349,927	432,269	349,927

		31Aug	31Aug
		2022	2021
Within 1year		1,116,663	703,421
Within 1to 2years		30,193	27,400
Within 2to 5years		23,031	57,897
		1,169,887	788,718
		31Aug	31Aug
		2022	2021
At 1September	2021	788,718	500,277
Amount released	to income	P03,421)	(388,380)
Amount deferred	in the year	1,084,590	676,821
At 31August 2022		1,169,887	788,718

		01/09/2021	Income	Expenditure	Transfer	Gains/(losses)	31/08/2022
General funds		1,921,233	5,279,079	5,501,003	498		1,699,807
		1,921,233	5,279,079	5,501,003	498		1,699,807
		01/08/2020	Income	Expenditure	Transfer	Gains/(losses)	31/08/2021
General funds		1,989,665	5,322,112	5,378,439	(12,105)		1,921,233
		1,989,665	5,322,112	5,378,439	(12,105)		1,921,233
Endowment	funds
		01/09/2021	Income	Expenditure	Transfer	Gains/(lasses)	31/08/2022
Endowment	funds	1,199,729	16,539	6,379	(498)	(98,239)	1,111,152
		1,199,729	16,539	6,379	(498)	(98,239)	1,111,152
		01/08/2020	Income	Expenditure	Transfer	Gains/(losses)	31/08/2021
Endowment	funds	1,034,791	19,414	6,634	12,105	140,053	1,199,729
		1,034,791	19,414	6,634	12,105	140,053	1,199,729
Restricted	funds
		01/09/2021	Income	Expenditure	Transfer	Gains/(losses)	31/08/2022
Cardale Gaukrodger		2,468	23	34		(408)	2,049
Cardale Fielding		153,772	2,023	2,845		(14,294)	138,656
Cardale Cockcroft		373,127	4,818	6,831		(40,714)	330,400
Gaukrodger		649					649
Fielding		31,598		(4)			31,602
Greenwood		11,948		(1)			11,949
Cockcroft		316					316
Early Years	Funding		48,531	48,531
Heating system			5,000	5,000
Otherfunds		23,051		23,051
		596,929	60,395	86,287		(55,416)	515,621

	01/08/2020	Income	Expenditure	Gains/(losses)	31/08/2021
Cardale Gaukrodger	2,680	105	143	(174)	2,468
Cardale Fielding	130,233	2,529	3,279	24,289	153,772
Cardale Cockcroft	315,655	5,161	6,937	59,248	373,127
Gaukrodger	649				649
Fielding	31,595		(3)		31,598
Greenwood	11,946		(2)		11,948
Cockcroft	316				316
Early Years Funding		43,325	43,325
Other funds	20,492	154	(2,405)		23,051
	513,566	51,274	51,274	83,363	596,929

Parent		Tangible	Investments	Net current	Long term	Total
		fixed assets		assets/(liabilities)	liabilities	31Aug 2022
		E	E	E	E	E
Unrestricted	funds	2,475,233	1	(343,158)	(432,269)	1,699,807
Endowment	funds	20,956	891,069	199,127		1,111,152
Restricted funds			471,105	44,516		515,621
		2,496,189	1,362,175	(99,515)	(432,269)	3,326,580
Consolidated		Tangible	Investments	Net current	Long term	Total
		fixed assets		assets/(liabilities)	liabilities	31Aug 2022
		f	E	E	E	E
Unrestricted	funds	2,475,233		(343,157)	(432,269)	1,699,807
Endowment	funds	20,956	891,069	199,127		1,111,152
Restricted funds			471,105	44,516		515,621
		2,496,189	1,362,174	(99,514)	(432,269)	3,326,580

Notes to 022	the Consol	idated Financial	Statemen	ts for the Year	Ended 31"	August
Parent		Tangible	Investments	Net current	Long term	Total
		fixed assets		assets/(liabilities)	liabilities	31Aug 2021
		6	E		E	E
Unrestricted	funds	2,706,615	1	(435,456)	(349,927)	1,921,233
Endowment	funds	20,956	985,213	193,560		1,199,729
Restricted funds			529,367	67,562		596,929
		2,727,571	1,514,581	(174,334)	(349,927)	3,717,891
Consolidated		Tangible	Investments	Net current	Long term	Total
		fixed assets		assets/(liabilities)	liabilities	31Aug 2021
		6	E	6	6	6
Unrestricted	funds	2,706,615		(435,455)	(349,927)	1,921,233
Endowment	funds	20,956	985,213	193,560		1,199,729
Restricted funds			529,367	67,562		596,929
		2,727,571	1,514,580	(174,333)	(349,927)	3,717,891

			Parent		Consolidated
		31Aug	31Aug	31Aug	31Aug
		2022	2021	2022	2021
		6	E	6	E
Due in under one year		22,446	5,522	22,446	5,522
Due in one to five years		40,231	502	40,231	502
Total operating lease commitments	not
provided in the financial statements		62,678	6,024	62,678	6,024

0. Reconc	iliation	ofNet Incoming	Resources to	Net Cash Flow from Op	erations
				Yearto	13Months to
				31Aug 2022	31Aug 2021
				E	E
Surplus / (Deficit)				(237,656)	(43,547)
Depreciation charged				272,416	304,790
Profit on sale offixed		assets		(3,950)
Investment	income (net)			(23,403)	(27,363)
Bank deposit interest				(141)	(1,107)
Decrease /	(increase)	in debtors		(73,639)	7,249
(Decrease)	/ Increase	in creditors		581,819	73,095
Decrease/	(increase)	in cash awaiting	investment	(4,841)	15,886
NET CASH	INFLOW FROM OPERATING		ACTIVITIES	510,605	329,003

1.Analysis ofChanges in Cash and Ca	sh Equivalents
	Bank Accounts	Total
	6	f
Balances at31"July 2020	477,334	477,334
Net cash inflow/(outflow)	283,971	283,971
Balance at 31*'August 2021	761,305	761,305
Net cash inflow/(outflow)	500,657	500,657
Balance at 31*'August 2022	1,261,962	1,261,962