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##
|||||Page|
|---|---|---|---|---|
|Reference and administrative||details ofthe Company,|its Trustees and advisers|1-2|
|Trustees' report||||3-20|
|Independent|auditors'
report|on the financial statements||21-25|
|Consolidated|statement
offinancia activities||||
|Consolidated|balance sheet|||27-28|
|Company
balance sheet||||29-30|
|Consolidated|statement
ofcash flows|||31|
|Notes to the|financial statements|||32-71|
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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2022|2022|2022|2021|
||||Note|||f.||
|Income from:||||||||
|Donations
and legacies||||23,771|14&,494|172,265|79,896|
|Charitable
activities||||13,278,182|29,746|13,307,928|12,335,199|
|Other trading
activities||||109,541||109,541|46,028|
|Investment
income||||93,134|5,468|9&,602|47,817|
|Other income|||||||167, 7'/8|
|Total income||||13,504,628|1&3,708|13,688,336|12,676,658|
|Expenditure
on:||||||||
|Raising funds||||75,191||75,191|38,307|
|Charitable
activities|||10|13,2&0,710|65,904|13,346,614|12,857,266|
|Total expenditure||||13,355,901|65,904|13,421,805|12,895,573|
|Net income/(expenditure)||before net||||||
|gains/(losses)
on|investments|||148,T27|117,804|266,531|(218,9'15)|
|Net gains/(losses)|on investments|||125,862|(22,494)|103,368|266,875|
|Net income before taxation||||274,589|95,310|369,899|47,960|
|Taxation|||15||||(7)|
|Net movement
in|funds|||274,589|95,310|369,899|47,953|
|Reconciliation
of|funds:|||||||
|Total funds brought|forward|||26,202,580|438,426|26,641,006|26,593,053|
|Net movement
in funds||||2T4,589|95,310|369,899|47,953|
|Total funds carried forward||||26,477,169|533,736|27,010,905|26,641,006|
##
##
|||CONSOLIDATED|BALANCE SHEET|||
|---|---|---|---|---|---|
|||AS AT 31 AUGUST 2022||||
||||2022||2021|
|||Note||||
|Fixed assets||||||
|Tangible assets||16|28,223,331||26,202,691|
|Investments||18|1,804,368||1,983,667|
|Investment
property||17|1,100,000||820,000|
||||31,127„699||29.006,358|
|Current assets||||||
|Stocks||19|87,789|90,864||
|Debtors||20|557,619|645,915||
|Cash at bank and|in hand||3,995,974|4,916,187||
||||4,641,382|5,652,966||
|Creditors: amounts|falling due within|one||||
|year||21|(4,354,673}|(3,780,939)||
|Net current assets|||286,709||1,872,027|
|Total assets less|current liabilities||31,414,408||30,878,385|
|Creditors: amounts|falling due after|more||||
|than one year||22|(4,403,503}||(4,237,379)|
|Total net assets|||27,010,905||26,641,006|
|Charity funds||||||
|Restricted funds||24|533,736||438,426|
|Unrestricted
funds||24|26,477,169||26,202,580|
|Total funds|||27,010,905||26,641,006|
##
##
##
|||COMPANY BALANCE SHEET|COMPANY BALANCE SHEET|||
|---|---|---|---|---|---|
|||AS AT 31AUGUST 2022||||
|||Note|2022f||2021
E|
|Fixed assets||||||
|Tangible assets||16|28,290,882||26,270,242|
|Investments||18|1,804,371||1,983,670|
|Investment
property||17|1,100,000||820,000|
||||31,195,253||29,073,9'/2|
|Current assets||||||
|Stocks||19|87,789|90,864||
|Debtors||20|543,362|656,094||
|Cash at bank and in hand|||3,994,200|4,902,219||
||||4,625,351|5,649,177||
|Creditors: amounts|falling due within one|||||
|year||21|(4,352,691)|(3,773,023)||
|Net current assets|||272,660||1,876,154|
|Total assets less current liabilities|||31,467,913||30,950,066|
|Creditors: amounts|falling due after more|||||
|than one year||22|(4,403,503)||(4,237,379)|
|Total net assets|||27,064,410||26, 7'/2, 687|
|Charity funds||||||
|Restricted funds||24|533,736||438,426|
|Unrestricted
funds||24|26,530,674||26,274,261|
|Total funds|||27,064,410||26,712,687|
##
##
##
##
||||2022|202/f|
|---|---|---|---|---|
|Cash flows from operating
activities|||||
|Net cash used in operating
activities|||2,339,229|363,736|
|Cash flows from investing
activities|||||
|Dividends,
interests
and rents from investments|||52,074|60,593|
|Proceeds from the sale oftangible|fixed assets|||13,2'/5|
|Purchase oftangible fixed assets|||(3,029,201)|(900,251)|
|Proceeds from sale of investments|||31,009|35,431|
|Purchase of investments|||(23,052)|(30,426)|
|Proceeds from sale of investment|property|||905,887|
|Net cash {used in)/provided
by|investing|activities|(2,969,170)|84,449|
|Cash flows from financing
activities|||||
|Cash infiows from new borrowing|||1,930,453|2,500,000|
|Repayments
of borrowing|||(2,099,365)|(259,569)|
|Interest paid|||{116,069)|(85,020)|
|Net cash (used in)/provided
by|financing|activities|(284,981)|2,155,411|
|Change
in cash and cash equivalents
in||the year|(914,922)|2,603,596|
|Cash and cash equivalents
at the|beginning|ofthe year|4,925,015|2,321,419|
|Cash and cash equivalents
at the end of||the year|4,010,093|4,925,015|
|The notes on pages 32to 71 form|part ofthese financial statements||||
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|Restricted|Total|
|---|---|
|funds|funds|
|2021|2021|
|E|E|
|79,896|79,896|
##
||Unrestricted|Restricted|Total|
|---|---|---|---|
||funds|funds|funds|
||2022|2022|2022|
||f.|E||
|Fees receivable|12,796,018||12,796,018|
|Other fee income|482,164||482,164|
|Grants received||29,746|29,746|
||13,278,182|29,746|13,307,928|
||Unrestricted|Restricted|Total|
||funds|funds|funds|
||2021|2021|2021|
|Fees receivable|11,892,842||11,892,842|
|Other fee income|402,697||402,697|
|Grants received||39,660|39,660|
||12,295,539|39,660|12„335,199|
##
##
||Fees receivable|Fees receivable|Fees receivable|consist of:|consist of:||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2022|2021|
||Gross fees||||||||14,007,331|13,135,095|
||Less bursaries,|||grants and allowances|||||(1,241,059)|(1,268,161)|
||Add bursaries||paid by restricted||||funds||29,746|25,908|
||Total||||||||12,796,018|11,892,842|
||Other fee income||||consists of:||||||
||||||||||2022|2021|
||||||||||f.||
||Casual|board and|||lodging||||62,496|47,95'I|
||Music tuition||||||||209,522|174,466|
||Learning|support|||||||16,464|41,456|
||Other||||||||193,682|138,824|
||Total||||||||482,164|402,697|
|6.|Income|from other trading||||activities|||||
||Income|from non charitable||||trading||activities|||
||||||||||Unrestricted|Total|
||||||||||funds|funds|
||||||||||2022|2022|
|||||||||||f.|
||Trading|income|||||||109,541|109,541|
||||||||||Unrestricted|Total|
||||||||||funds|funds|
||||||||||2021|2021|
||||||||||E|E|
||Trading|income|||||||46,028|46,028|
##
##
##
##
||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022|2022|2022|
||||f.||F|
||Investment|income|93,134|5,468|98,602|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2021|2021|2021|
||Investment|income|39,832|8,185|47,817|
||Investment|income consists of:||||
|||||2022|2021|
||||||E|
||Listed stock|and equities||34,378|47,458|
||Bank interest receivable|||1,522|359|
||Other interest receivable|||62,702||
|||||98,602|47,817|
|8.|Other incoming resources|||||
||||||Total|
||||||funds|
||||||2022|
||Government|grants||||
##
##
##
|||||Unrestricted|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2021|2021|
||||||E|
||Government||grants|167,718|167,718|
|9.|Analysis|of|grants|||
|||Grants to|Total|
|---|---|---|---|
|||Individuals|funds|
|||2022|2022|
|Grants|payable|63,583|63,583|
|||Grants to|Total|
|||Individuals|funds|
|||2021|2021|
|||E||
|Grants|payable|56,671|56,671|
##
##
##
##
##
|||Unrestricted|Restricted||
|---|---|---|---|---|
|||funds|funds|Total|
|||2022|2022|2022|
|||f.|f.|f.|
|Teaching|costs|7,639,951||7,639,951|
|Welfare||1,537,851||1,537,851|
|Premises||1,938,163||1,938,163|
|Support costs||2,068,326|2,321|2,070,847|
|Foundation|costs|96,419||96,419|
|Grants payable|||63,583|63,583|
|||13,280,710|65,904|13,348,614|
|||Unrestn'cted|Restn'cted||
|---|---|---|---|---|
|||funds|funds|Total|
|||2021|2021|2021|
||||E||
|Teaching|costs|7,274,576||7,274,576|
|Welfare||1,409,163||1,409,163|
|Premises||1,803,828||1,803,828|
|Support costs||2,239,496|2,165|2,241,661|
|Foundation|costs||71,367|71,367|
|Grants payable|||56,671|56,671|
|||12,727,063|130,203|12,857,266|
##
##
##
##
##
|||Staff costs|Depreciation|Other costs|Total|
|---|---|---|---|---|---|
|||2022|2022|2022f|2022
E|
|Teaching|costs|6,761,055|372,965|505,931|7,539,951|
|Welfare||939,.830||598,021|1,537,851|
|Premises||351,107|635,596|951,460|1,938,163|
|Support costs||1,160,937||909,710|2,070,647|
|Foundation|costs|61,131||35,288|95,419|
|Grants Payable||||63,583|53,583|
|||9,274,060|1,008,561|3,063,993|13,345,614|
|||Staffcosts|Depreciation|Other costs|Total|
|||2021|2021|2021|2021|
|||E|E|||
|Teaching|costs|6,535,251|347,247|392,078|7274 576|
|Welfare||926,216||482,947|1,409,163|
|Premises||330,426|620,517|852,885|1,803,828|
|Support costs||1,144,876||1,096,785|2,241,661|
|Foundation|costs|49,953||21,414|71,367|
|Grants payable||||56,671|56,671|
|||8,986,722|967,764|2,902,780|12,857,266|
##
##
##
##
|||Activities|Grant|||
|---|---|---|---|---|---|
|||undertaken|funding of|Support|Total|
|||directly|activities|costs|funds|
|||2022|2022|2022f|2022
f.|
|Teaching|costs|7,602,274||37,677|7,639,951|
|Welfare||1,537,851|||1,537,851|
|Premises||1,938,163|||1,938,163|
|Support costs||||2,070,647|2,070,647|
|Foundation|costs|96,419|||96,419|
|Grants payable|||63,583||53,583|
|||11,174,707|63,583|2,108,324|13,346,614|
|||Activities|Grant|||
|---|---|---|---|---|---|
|||undertaken|funding
of|Support|Total|
|||directly|activities|costs|funds|
|||2021|2021|2021|2021|
|||||E|E|
|Teaching|costs|7,227,363||47,2'l3|7,274,576|
|Welfare||1,409,163|||1,409,163|
|Premises||'l,803,828|||1,803,828|
|Support costs||||2,241,661|2,241,661|
|Foundation|costs|71,367|||71,367|
|Grants payable|||56,671||56,671|
|||10,511,721|56,671|2,288,874|12,857,266|
##
##
##
##
##
||||||Support|Total|
|---|---|---|---|---|---|---|
|||||Governance|costs|funds|
|||||2022f|2022f|2022f|
|Staff costs|||||1,160,937|1,160,937|
|Professional|fees||||96,419|96,419|
|Postage, stationery||and telephone|expenses||82,151|82,151|
|Transport costs|||||131,777|131,777|
|Publicity|||||125,419|125,419|
|Donations
and community|||||140,617|140,617|
|Subscriptions|||||68,119|68,119|
|Finance costs|||||116,069|116,069|
|Other costs|||||149,139|149,139|
|Governance|costs|||37,677||37,6?7|
|||||37,677|2,070,647|2,108,324|
||||||Support|Total|
|||||Governance|costs|funds|
|||||2021|2021|2021|
|Staff costs|||||1,144,876|1,144,876|
|Professional|fees||||68,523|68,523|
|Postage, stationery||and telephone|expenses||69,730|69,730|
|Transport costs|||||96,749|96,749|
|Publicity|||||118,931|118,931|
|Donations
and community|||||142,480|142,480|
|Subscriptions|||||71,728|71,728|
|Finance costs|||||117,210|117,210|
|Other costs|||||411,434|411,434|
|Governance|costs|||47,213||47,213|
|||||47,213|2,241,661|2,288,874|
##
##
##
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
|||||||E|
|Fees payable|to the Company's||auditor and its associates|for the audit of|||
|the Company's|annual|accounts|||21,600|17,949|
|Fees payable|to the Company's||auditor and its associates|in respect of:|||
|Audit ofthe Company's||subsidiaries|||4,590|7,901|
##
|harity's (school) activities|||
|---|---|---|
||2022|2021|
||F||
|Incoming resources|13,594,969|12,618,891|
|Charitable
expenditure|~13348614|~12816217|
|Net incoming
resources|248,355|(191,326|
|Investment
gains/(losses)|103,368|266,875|
|Funds brought
forward|28712687|26637138|
|Funds carried forward|27,064,410|26,712,687|
##
|||||Group|Group|Company|Company|
|---|---|---|---|---|---|---|---|
|||||2022|2021|2022|2021|
|Wages and|salaries|||7,354,632|7,149,001|7,354,632|?,107,070|
|Social security costs||||698,382|658,156|698,382|653,740|
|Contribution|to defined|contribution|pension|||||
|schemes||||1,233,046|1,193,061|1,233,046|1,189,455|
|||||9,286,060|9,000,218|9,286,060|8,950,265|
##
##
##
##
|||Group|Group|Company|Company|
|---|---|---|---|---|---|
|||2022|2021|2022|2021|
|||No.|No.|No.|No.|
|Teaching|staff|111|136|111|136|
|Support|staff|183|149|181|147|
|||294|285|292|283|
|||Group|Group|Company|Company|
|---|---|---|---|---|---|
|||2022|2021|2022|2021|
|||No.|No.|No.|No.|
|Teaching|staff||116|84|116|
|Support|staff||102|146|101|
|||230|218|230|217|
|||||Group|Group|
|---|---|---|---|---|---|
|||||2022|2021|
|||||No.|No.|
|In|the|band|f60,001 - 670,000|||
|In|the|band|f70,001 - f80,000|||
|In|the|band|880,001 - f90,000|||
|in|the|band|f90,001 - f100,000|||
|In|the|band|6120,001 - f130,000|||
##
##
##
##
##
##
|the UK of 1|9/o (2021 - 1|9').The diff|erences
are explaine|d
below:|||
|---|---|---|---|---|---|---|
||||||2022|202'/|
||||||f.|E|
|Net income|before tax||||369,899|47,960|
|Net income multiplied
by the standard
(2021 - 19/o).|||rate of corporation|tax in the UK of19|70,281|9,112|
|Effects of:|||||||
|Exemption|on net income/(expenditure)||due to charitable|activities|(70,281)|(9,112)|
|Adjustments|to tax charge|in respect|of prior periods|||7|
|Total tax charge for the||year|||||
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##
##
##
##
##
|17.|Investment|property||
|---|---|---|---|
||Group|||
||||Freehold|
||||investment|
||||property|
||Valuation|||
||At 1 September 2021||820,000|
||Surplus
on revaluation||280,000|
||At 31 August 2022||1,100,000|
||Company|||
||||Freehold|
||||investment|
||||property|
||||E|
||Valuation|||
||At 1 September 2021||820,000|
||Surplus
on revaluation||280,000|
||At 31 August 2022||1,100,000|
|||Group|Group|Company|Company|
|---|---|---|---|---|---|
|||2022|2021|2022|2021|
|||E||E||
|Cost||827,000|627,000|627,000|627,000|
|Revaluation|gains/(losses)|473,000|193,000|473,000|193,000|
|||1,100,000|820,000|1,100,000|820,000|
##
##
##
##
||Listed|
|---|---|
|Group|investmentsf|
|Cost or valuation||
|At 1 September 2021|1,983,667|
|Additions|23,052|
|Disposals|{25,719)|
|Revaluations|{176,632)|
|At 31August 2022|1,804,368|
|Net book value||
|At 31August 2022|1,804,368|
|At 31August 2021|1,983,667|
##
|The following a|re greater|than 5%of the market value ofthe|listed investments:-||
|---|---|---|---|---|
||||2022|2021|
||||E||
|Handelsbanken|Balanced|Multi Asset Fund C|643,159|700,122|
|Handelsbanken|income Plus Multi Asset Fund C||933,760|1,034,387|
##
##
##
##
|||||Investments|||
|---|---|---|---|---|---|---|
|||||in|||
|||||subsidiary|Listed||
|||||companies|investments|Total|
||Company|||K|F|f.|
||Cost or valuation||||||
||At 1 September 2021||||1,983,667|1,983,670|
||Additions||||23,052|23,052|
||Disposals||||(25,719)|{25,719)|
||Revaluations||||(176,632)|{176,632)|
||At 31 August 2022|||3|1,804,368|1,804,371|
||Net book value||||||
||At 31 August 2022|||3|1,804,368|1,804,371|
||At 31August 2021|||3|1,983,667|1,983,670|
||The historical cost of company|investments|is E1,708,942.||||
|19.|Stocks||||||
||||Group|Group|Company|Company|
||||2022|2021|2022|2021|
|||||E|||
||Stocks||87,789|90,864|87,789|90,864|
##
##
##
##
||||Group|Group|Company|Company|
|---|---|---|---|---|---|---|
||||2022|2021|2022|2021|
||||E|E|||
|Due within one year|||||||
|School fees|||320,087|259,226|320,087|259,226|
|Amounts
owed by group undertakings||||||17,330|
|Amounts
owed by connected||charity|63,964|274,160|63,964|274,160|
|Other debtors|||46,840|31,869|31,729|24,718|
|Prepayrnents|and accrued income||126,728|80,660|127,582|80,660|
||||557,619|645,915|543,362|656,094|
##
##
|||Group|Group|Company|Company|
|---|---|---|---|---|---|
|||2022|2021|2022|2021|
|||E||||
|Bank loans||117,373|452,202|117,373|452,202|
|Pupil deposits||625,512|578,248|625,512|578,248|
|Trade creditors||637,399|475,894|637,399|475,894|
|Amounts
owed to group undertakings||||3,976||
|Other taxation and social security||169,726|166,248|169,726|166,248|
|Fees paid
in advance||1,750,888|1,539,428|1,750,888|1,539,428|
|Other creditors||526,997|356,095|526,497|353,595|
|Accruals and deferred|income|526,?78|212,824|521,320|207,408|
|||4,354,673|3,780,939|4,352,691|3,773,023|
##
##
##
||||||||Group|Group|Company|Company|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||2022
f.|2021
E|2022|2021f|
|Bank loans|||||||4,403,503|4,237,379|4,403,503|4,237,379|
|Included|within|the above are amounts||||falling|due as follows:||||
||||||||Group|Group|Company|Company|
||||||||2022|2021|2022|2021|
||||||||f.|E|E|E|
|Between|one and two|||years|||||||
|Bank loans|||||||494,097|742,610|494,097|742,610|
|Between|two and five|||years|||||||
|Bank loans|||||||1,511,969|2,260,545|1,511,969|2,260,545|
|Over five years|||||||||||
|Bank loans|||||||2,397,437|1,234,224|2,397,437|1,234,224|
|The aggregate||amount||of liabilities|payable||or repayable
wholly|or in part more|than five years after the||
|reporting|date is:||||||||||
||||||||Group|Group|Company|Company|
||||||||2022|2021|2022|2021|
||||||||f.||E||
|Payable|or repayable||by instalments||||2,397,437|1,234,224|2,397,437|1,234,224|
||||||||2,397,437|1,234,224|2,39?„437|1,234,224|
##
##
##
##
##
|Group statement|offunds - cur|rent year|||||
|---|---|---|---|---|---|---|
||Balance at 1|||||Balance at|
||September|||Transfers|Gains/|31August|
||2021|Income|Expenditure|in/out|{Losses)|2022|
|||E||F|E|E|
|Unrestricted|||||||
|funds|||||||
|Designated|||||||
|funds|||||||
|Designated|||||||
|Funds - all funds||{59,686)||59,686|||
|General funds|||||||
|General Funds-|||||||
|all funds|26,202,580|13,564,314|{13,355,901)|{59,686)|125,862|26,477,169|
|Total|||||||
|Unrestricted|||||||
|funds|26,202,580|13,504,628|{13,355,901)||125,862|26,477,169|
##
##
##
|Statement offun|ds (continued)||||||
|---|---|---|---|---|---|---|
||Balance at 1|||||Balance at|
||September|||Transfers|Gains/|31August|
||2021|Income|Expenditure|inlout|(Losses)|2022|
|||||f,|||
|Restricted|||||||
|funds|||||||
|Peter Daley|||||||
|Fund|50,525|29,746|{29,746)|||50,526|
|Birch Legacy for|||||||
|Scholarships|304,216|4,289|(1,779)||(17,641)|289,085|
|Black Legacy for|||||||
|Scholarships|4,329|61|(25)||(251)|4,114|
|Other Funds|79,355|1,118|{464)||(4,602)|75,407|
|Ukraine Appeal||80,605||||80,605|
|Foundation|||||||
|Projects||33,999||||33,999|
|Foundation|||||||
|Bursaries||33,890|{33,&90)||||
||438,426|183,708|(65,904)||(22,494)|533,736|
|Total offunds|26,641,006|13,688,336|(13,421,805)||103,368|27,010,905|
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##
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##
|Analysis ofgroup net assets between funds -current yea|r|||
|---|---|---|---|
||Unrestricted|Restricted|Total|
||funds|funds|funds|
||2022|2Q22|2022|
||F|f.|F|
|Tangible fixed assets|28,223,331||28,223,331|
|Fixed asset investments|1,581,231|223,137|'1,804,368|
|investment
property|1,100,000||1,100,000|
|Current assets|4,330,783|310,599|4,641,382|
|Creditors due within one year|(4,354,673)||{4,364,673)|
|Creditors due in more than one year|(4,403,503}||{4,403,503)|
|Total|26,47?,169|533,736|27,010,905|
|Analysis ofgroup net assets between funds - prior year||||
||Unrestricted|Restricted|Total|
||funds|funds|funds|
||2021|2021|2021|
|||E||
|Tangible fixed assets|26,202,691||26,202,691|
|Fixed asset investments|1,735,768|247,899|1,983,667|
|Investment
property|820,000||820,000|
|Current assets|5,462,439|190,527|5,652,966|
|Creditors due within one year|(3,780,939)||(3,780,939)|
|Creditors due in more than one year|(4,237,379)||(4,237,379)|
|Total|26,202,580|438,426|26,641,006|
##
##
##
||||||Group|Group|
|---|---|---|---|---|---|---|
||||||2022|2021|
||Net income for the|year (as per Statement||of Financial Activities)|369,899|47,953|
||Adjustments
for:||||||
||Depreciation
charges||||1,008,561|967,773|
||(Gains)/Losses
on|the sale of investment||property|{280,000)|(35,887)|
||(Gains)/Losses
on|investments|||176,632|(266,875)|
||Dividends,
interests|and rents from|investments||{52,074)|(60,593)|
||Finance costs||||116,069|85,020|
||Decrease
in stock||||3,075|(11,539)|
||(Increase)/Decrease|in debtors|||88,296|(80,927)|
||increase/(Decrease)|in creditors|||908,771|(281,189)|
||Net cash provided|by operating|activities||2,339,229|363,736|
|29.|Analysis ofcash and cash equivalents||||||
||||||Group|Group|
||||||2022|2021|
||Cash in hand||||3,995,974|4,916,187|
||Cash held for investment||||14,119|8,828|
||Total cash and cash equivalents||||4,010,093|4,925,015|
##
##
##
|||At 1|||
|---|---|---|---|---|
|||September||At 31|
|||2021|Cash flows|August 2022|
|Cash|at bank and in hand|4,916,187|(920,213)|3,995,974|
|Debt|due within
1 year|(452,202)|334,829|(117,373)|
|Debt|due after 1 year|(4,237,379)|(165,124)|(4,403,503)|
|||226,606|(751,608)|(524,902)|
##
|||||Group|Group|Company|Company|
|---|---|---|---|---|---|---|---|
|||||2022|2021|2022|2021|
|||||f.||E||
|Contracted|for but not provided||in these|||||
|financial statements||||||||
|Acquisition|oftangible|fixed assets||32,153||32,153||
##
|Operating
le|Operating
le|ase commitments|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|At 31 August||2022 the Group|and the|Company|had
commitments
to||make|future|minimum|lease|
|payments|under non-cancellable||operating|leases as follows:|||||||
||||||Group|Group|Company||Company||
||||||2022|2021||2022||2021|
||||||f.|||E|||
|Not later than||1 year|||44,762|9,989||44,762||9,989|
|Later than|1 year and not later than 5years||||513,227|410,260||513,227|410,260||
|Later than|5years||||5,043|||5,043|||
||||||563,032|420,249||563,032|420,249||
##
##
##
##
##
|Principal su|bsidiari|es||||||||
|---|---|---|---|---|---|---|---|---|---|
|The following|was a|subsidiary|undertaking||ofthe Company:|||||
|Name||||||Company|Principal
activity||Holding|
|||||||number||||
|Ratcliffe Enterprises||Limited||||02707219|Provision of surnrner||100%|
||||||||school and|||
||||||||conference facilities|||
||||||||for organisations|and||
||||||||individuals
using|the||
||||||||facilities of Ratcliffe|||
||||||||College, along with|||
||||||||the college tuck shop|||
||||||||and school shops|||
|The financial|results|ofthe subsidiary||for the year were:||||||
|Name|||||Income|Expenditure|ProfitI{Loss)||Net assets|
||||||||ISurplus/|||
||||||||{Deficit)for|||
||||||||the year|||
|Ratcliffe Enterprises||Limited|||93,387|75,193
18,174|||14,049|
##
##