2022-07-31-accounts

					Page
Reference and administrative		details			1-2
Trustees' report					3-11
Statement oftrustees'	responsibilities				12
Independent auditors'	report	on the financial	statements		13-16
Statement offinancial	activities incorporating		income and expenditure	account	17
Balance sheet					18
Statement ofcash flows					19
Notes to the financial	statements				20-41

		2022	2021
Income per pupil		f12,996	f13,443
Total staff costs Itotal income		79'/o	78'/o
Total expenditure	per pupil	f14,776	f14,571

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Note	2022 F	2022f	2022 6	2021 6
Income from:
Donations and capital grants		3	4,757		4,757	500
Investments		5	40,924		40,924	41,930
Charitable activities			4,482,242	3,020	4,485,262	4,657,466
Other income		6	4,485		4,485	5,274
Total income			4,532,408	3,020	4,535,428	4,705,170
Expenditure on:
Charitable activities		7, 8	5,091,218	65,672	5,156,890	5,099,747
Total expenditure			5,091,218	65,672	5,156,890	5,099,747
Net expenditure before net
(losses)/gains on	investments		(558,810)	(62,652)	(621,462)	(394,577)
Net (losses)/gains	on investments	15	(14,839)		(14,839)	222,976
Net movement in	funds		(573,649)	(62,652)	(636,301)	(171,601)
Reconciliation of	funds:
Total funds brought	forward		9,321,687	111,598	9,433,285	9,604,886
Net movement in funds			(573,649)	(62,652)	(636,301)	(171,601)
Total funds carried forward			8,748,038	48,946	8,796,984	9,433,285

					2022		2021
			Note		f.		6
Fixed assets
Intangible assets			13				6,959
Tangible assets			14		7,578,061		7,557,346
Investments			15		1,101,274		1,566,113
					8,679,335		9,130,418
Current assets
Debtors			16	457,223		394,470
Investments			17	450,000
Cash at bank and in hand				298,207		1,145,932
				1,205,430		1,540,402
Creditors; amounts	falling	due within one
year			18	(788,851)		(847,288)
Net current (liabilities) I		assets			416,579		693,114
Total assets less	current	liabilities			9,095,914		9,823,532
Creditors: amounts	falling	due after more
than one year					(298,930)		(390,247)
Total assets					8,796,984		9,433,285
Funds ofthe Charitable		company
Restricted funds			20		48,946		111,598
Unrestricted income funds
Designated funds			20	3,162,416		3,305,280
General funds			20	5,585,622		6,016,407
Total unrestricted	income funds		20		8,748,038		9,321,687
Total funds					8,796,984		9,433,285

		STATEMENT OF CASH FLOWS	STATEMENT OF CASH FLOWS
	FOR THE YEAR ENDED 31JULY 2022
					2022	2021
				Note	6	6
Cash flows from operating	activities
Net cash used in operating	activities			22	(715,777)	(61,493)
Cash flows from investing	activities			24	(77,477)	410
Cash flows from financing	activities			23	(54,471)	(55,624)
Change in cash and cash	equivalents	in	the year		(847,725)	(116,707)
Cash and cash equivalents	at the beginning		ofthe year		1,145,932	1,262,639
Cash and cash equivalents	at the end of		the year	25, 26	298,207	1,145,932
The notes on pages 20 to 41 form part		ofthese financial statements

timated u	seful lives are as	follows:
Freehold	Land	No depreciation
Freehold Building Office Equipment		100years 3- 10years
Academic	Equipment	3 - 10years

	Unrestricted	Total	Total
	funds	funds	funds
	2022f	2022	2021 6
Donations	4,757	4,757	500
Total 2021	500	500

				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
				2022f	2022 6	2022	2021 6
Tuition fees				4,659,525		4,659,525	4,823,068
Grants, Awards		and Prizes		(562,069)	(54,590)	(616,659)	(662,866)
Lunches				224,891		224,891	189,119
Music and Performing			Arts recharges	159,895		159,895	153,178
Coronavirus	Job	Retention Scheme grants					63,717
Travel fund	recharges				57,610	57,610	91,250
				4,482,242	3,020	4,485,262	4,657,466
Total2021				4,657,466		4,657,466

		Unrestricted	Total	Total
		funds	funds	funds
		2022f	2022 6	2021f
Dividend	income	40,872	40,872	38,617
Interest	receivable	52	52	3,313
		40,924	40,924	41,930
Total20	21	41,930	41,930

					Unrestricted	Total	Total
					funds	funds	funds
					2022f	2022f	2021f
	Registration	fees			4,485	4,485	5,274
	Total 2021				5,274	5,274
7.	Expenditure
				Staff Costs	Other	Total	Total
				2022 6	2022f	2022f	2021f
	School's educational		operations:
	Direct costs			2,817,756	1,139,333	3,957,089	4,219,812
	Allocated support costs			770,753	429,048	1,199,801	879,935
				3,588,509	1,568,381	5,156,890	5,099,747
	Total2021			3,649,357	1,450,390	5,099,747

		Activities
		undertaken	Support	Total	Total
		directly	costs	funds	funds
		2022	2022	2022	2021
		6	6	6	6
School's educational	operations	3,957,089	1,199,801	5,156,890	5,099,747
Total 2021		4,219,812	879,935	5,099,747

					School's
					educational	Total	Total
					operations	funds	funds
					2022f	2022f	2021f
Staff costs					2,817,756	2,817,756	3,181,570
Depreciation	and amortisation				104,645	104,645	127,885
Other costs					1,034,688	1,034,688	910,357
					3,957,089	3,957,089	4,219,812
Total 2021					4,219,812	4,219,812
Analysis of	support		costs
					School's
					educational	Total	Total
					operations	funds	funds
					2022f	2022f	2021 F
Staff costs					770,753	770,753	467,787
Finance costs					9,240	9,240	8,451
Other administrative			costs		376,080	376,080	342,945
Professional	fees				43,728	43,728	60,752
					1,199,801	1,199,801	879,935
Total 2021					879,935	879,935
Net expenditure
Net expenditure		for	the year includes:
						2022	2021f
Operating lease		rentals				21,985	12,488
Depreciation	oftangible fixed assets					97,686	115,982
Amortisation	ofintangible			assets		6,959	11,903

					2022	2021
					6
Fees payable to the		Charitable	company's	auditor for the audit ofthe
Charitable	company's	annual	accounts		9,350	9,250

	2022	2021
Wages and salaries	2,774,742	2,846,956
Social security costs	285,561	271,631
Pension costs	528,206	530,770
	3,588,509	3,649,357

The average number of persons employed by the C	haritable company during the year was as f	ollows:
	2022	2021
	No.	No.
Teachers	57	56
Administration	10	9
Technicians	4	4
Cleaning	10	9
Maintenance	6	7
Music Peris	9	9
Teaching Support	8	7
	104	101

2022	2021
No.	No.

Intangible assets FOR THE YEAR ENDED 3	1 JULY 2022
	Software
	Licences
Cost
At 1 August 2021	35,708
At 31 July 2022	35,708
Amortisation
At 1 August 2021	28,749
Charge for the year	6,959
At 31 July 2022	35,708
Net book value
At 31 July 2022
At 31 July 2021	6,959

	Freehold	Furniture and	Computer	Academic
	property f	equipment 6	equipment 8	equipmentf	Total 6
Cost or valuation
At 1 August 2021	7,658,801	201,112	102,164	1,143,735	9,105,812
Additions	50,137	3,912	64,352		118,401
Disposals			(7,707)	(282,013)	(289,720)
At 31 July 2022	7,708,938	205,024	158,809	861,722	8,934,493
Depreciation
At 1 August 2021	278,137	159,127	63,275	1,047,927	1,548,466
Charge for the year	41,855	13,934	17,093	24,804	97,686
On disposals			(7,707)	(282,013)	(289,720)
At 31 July 2022	319,992	173,061	72,661	790,718	1,356,432
Net book value
At 31 July 2022	7,388,946	31,963	86,148	71,004	7,578,061
At 31 July 2021	7,380,664	41,985	38,889	95,808	7,557,346

		Listed
		investmentsf
Cost orvaluation
At 1 August 2021		1,566,113
Revaluations		(14,839)
Transfers	between classes	(450,000)
At 31 July	2022	1,101,274
Net book	value
At 31 July	2022	1,101,274
At 31 July	2021	1,566,113

				2022	2021
				6
	Due within one year
	Trade debtors			377,251	326,431
	Other debtors			13,146
	Prepayments	and accrued income		66,826	68,039
				457,223	394,470
17.	Current asset investments
				2022 6	2021f
	Listed investments			450,000
18.	Creditors: Amounts		falling due within one year
				2022	2021
				6	6
	Bank loans			53,234	53,234
	Trade creditors			76,635	67,308
	Other taxation	and social security		71,978	68,317
	Other creditors			256,022	230,239
	Accruals and deferred		income	330,982	428,190
				788,851	847,288

Creditors: Amounts falling due after	more than one year
		2022f	2021 6
Bank loans		247,277	301,748
Other creditors		51,653	88,499
		298,930	390,247
Included within the above are amounts	falling due as follows:
		2022	2021
		6	6
Between one and two years
Bank loans		53,234	53,234
Between two and five years
Bank loans		159,702	159,702
Over five years
Bankloans		34,341	88,812

					Balance at 1			Gains/	Balance at
					August 2021f	Income f	Expenditure 8	(Losses) 6	31 July 2022 f
Designated	funds
Governors'	discretionary			fund	179,525	(104,140)			75,385
Extra-ordinary repair			fund		116,134		(23,885)		92,249
Revaluation	reserve		- property		2,052,677				2,052,677
Revaluation	reserve-
investments					956,944			(14,839)	942,105
					3,305,280	(104,140)	(23,885)	(14,839)	3,162,416
General funds
General fund					6,016,407	4,636,548	(5,067,333)		5,585,622
Total Unrestricted			funds		9,321,687	4,532,408	(5,091,218)	(14,839)	8,748,038
Restricted	funds
Scholarship	funds				57,974	(54,590)	1,743		5,127
Travel account					36,008	57,610	(65,375)		28,243
Chadities account					929				929
Partnerships	-Science Sparks				14,107				14,107
Duke of Edinburgh		Award			2,580		(2,040)		540
					111,598	3,020	(65,672)		48,946
Total funds					9,433,285	4,535,428	(5,156,890)	(14,839)	8,796,984

Comparative infor	mation in respec	t ofthe preced	ing year is	as f	ollows:
	Balance at
	1 August				Transfers	Gains/	Balance at
	2020 8	Income 6	Expenditure	f	in/out 6	(Losses) f	31 July 2021
Designated
funds
Governors'
discretionary
fund	100,669				78,856		179,525
Extra-ordinary
repair fund	198,830		(79,224)		(3,472)		116,134
Revaluation
reserve-
property	2,052,677						2,052,677
Revaluation
reserve-
investments	749,948					206,996	956,944
	3,102,124		(79,224)		75,384	206,996	3,305,280
General funds
General fund	6,218,835	4,705,170	(4,910,048)		2,450		6,016,407
Total
Unrestricted
funds	9,320,959	4,705,170	(4,989,272)		77,834	206,996	9,321,687

Statement offun	ds (continued)
	Balance at
	1 August				Transfers	Gains/		Balance at
	2020f	Income f	Expenditure	f	in/out f	(Losses) 6	31 July 2021 f
Restricted
funds
Scholarship
funds	128,345		(107,286)		20,935	15,980		57,974
Prize fund	8,333				(8,333)
Travel account	36,008							36,008
Charities
account	929							929
Bursary fund	90,436				(90,436)
Partnerships-
Science Sparks	14,107							14,107
Old Girls
Association	3,189		(3,189)
Duke of
Edinburgh
Award	2,580							2,580
	283,927		(110,475)		(77,834)	15,980		111,598
Total funds	9,604,886	4,705,170	(5,099,747)			222,976		9,433,285

Analysis Analysis	of net assets between funds of net assets between funds - current	year
		Unrestricted	Restricted	Total
		funds	funds	funds
		2022 8	2022f	2022 6
Tangible	fixed assets	7,578,061		7,578,061
Fixed asset investments		1,101,274		1,101,274
Current	assets	1,156,484	48,946	1,205,430
Creditors	due within one year	(788,851)		(788,851)
Creditors	due in more than one year	(298,930)		(298,930)
Total		8,748,038	48,946	8,796,984

	Analysis of net assets betw	een fu	nds - prior year
				Unrestricted		Restricted	Total
					funds	funds	funds
					2021f	2021 6	2021
	Tangible fixed assets			7,557,346			7,557,346
	Intangible fixed assets				6,959		6,959
	Fixed asset investments			1,566,113			1,566,113
	Current assets			1,428,804		111,598	1,540,402
	Creditors due within one year			(847,288)			(847,288)
	Creditors due in more than one year			(390,247)			(390,247)
	Total			9,321,687		111,598	9,433,285
22.	Reconciliation of net expenditure		to net cash flow from	operating	activities
						2022	2021f
	Net expenditure for the year (as per		Statement offinancial	activities)		(636,301)	(171,601)
	Adjustments for:
	Amortisation					6,959	11,903
	Depreciation					97,686	115,982
	Interest receivable					(40,924)	(41,930)
	(Increase)/decrease in debtors					(62,753)	65,138
	(Decrease)lincrease in creditors					(95,283)	181,991
	Fair value gains and losses on investments					14,839	(222,976)
	Net cash used in operating	activities				(715,777)	(61,493)
23.	Cash flows from financing	activities
						2022	2021f
	Repayments of borrowing					(54,471)	(55,624)
	Net cash used in financing	activities				(54,471)	(55,624)

					2022 6	2021f
	Dividends, interest and rents		from investments		40,924	41,930
	Purchase oftangible	fixed assets			(118,401)	(41,520)
	Net cash (used in)/provided		by investing	activities	(77,477)	410
25.	Analysis ofcash and cash		equivalents
					2022 f	2021 E
	Cash in hand				298,207	1,145,932
	Total cash and cash	equivalents			298,207	1,145,932
26.	Analysis ofchanges	in net	debt

					Other non-
			At 1 August		cash	At 31 July
			2021 6	Cash flows 6	changes f	2022 6
Cash	at bank and	in hand	1,145,932	(847,725)		298,207
Debt	due within 1	year	(53,234)			(53,234)
Debt	due after 1 year		(301,748)	54,471		(247,277)
Liquid	investments				450,000	450,000
			790,950	(793,254)	450,000	447,696

under non	-can	cellable operating leases as follows:
			2022 8	2021f
Not later than		1 year	25,151	17,779
Later than	1 year and not later than 5years		68,264	57,780
			93,415	75,559