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|Governors|||Mr Miroslaw
Gliniecki, Bishop's|Mr Miroslaw
Gliniecki, Bishop's|Mr Miroslaw
Gliniecki, Bishop's|Mr Miroslaw
Gliniecki, Bishop's||Representative|&Chair ofGovernors|
|---|---|---|---|---|---|---|---|---|---|
||||Mr Mark Chatteiton,||Vice Chair|||||
||||Rev Patrick Sherlock SDB,Rector|||||||
||||Rev Marco Villani|SDB||||||
||||Rev Peter Brealey SDB|||||||
||||Mr Paul Turrell|||||||
||||Mr Clayton Almeida|||||||
||||Mr Anthony
Gribbon|||||||
||||Mrs Anne Nash|||||||
||||Mrs Tracy Jones|||||||
||||Mr Gerard Owens, Headmaster|||||||
||||Mr Paul Dalgas, Teacher Governor|||||||
||||Mr Michael Clare|(resigned||11||October 2022)||
||||Mr Steven Rowe (resigned|||11|October 2022)|||
||||Mr Matthew
Bunyan||(appointed|||12October 2022)||
||||Dr Toby Sucharov|(appointed|||12October 2022)|||
|Company|registered|||||||||
|number|||06753037|||||||
|Charity registered||||||||||
|number|||1130166|||||||
|Registered||office|119Reading Road|||||||
||||Farnborough|||||||
||||Hampshire|||||||
||||GU14 6PA|||||||
|Company|secretary||Mr John Morgan|||||||
|Independent||auditors|Wellden
Turnbull|Limited||||||
||||Chartered
Accountants|||||||
||||Statutory Auditors|||||||
||||Albany House|||||||
||||Claremont
Lane|||||||
||||Esher|||||||
||||Surrey|||||||
||||KT109FQ|||||||
|Bankers|||Santander
UK PLC|||||||
||||2 Triton Square|||||||
||||Regent's Place|||||||
||||London|||||||
||||NW1 3AN|||||||
||||Lloyds Bank PLC|||||||
||||25 Gresham
Street|||||||
||||London|||||||
||||EC2V 7HN|||||||
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|||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
||||Note|2023f|2023f|2023f|2022f|
|Income from:||||||||
|Other income||||6,171|156,292|162,463|236,509|
|School fees and other charges|||||9,476,765|9,476,765|8,747,668|
|Investment
income|and interest|||||||
|receivable|||||211,028|211,028|48,810|
|Total income||||6,171|9,844,085|9,850,256|9,032,987|
|Expenditure
on:||||||||
|Investment
management||costs|||6,599|6,599|7,046|
|Charitable
activities||||8,501|8,822,517|8,831,018|8,091,092|
|Total expenditure||||8,501|8,829,116|8,837,617|8,098,138|
|Net (expenditure)/income||before net||||||
|losses on investments||||(2,330)|1,014,969|1,012,639|934,849|
|Net losses on investments|||||(50,463)|(50,463)|(81,872)|
|Net (expenditure)/income||||(2,330)|964,506|962,176|852,977|
|Transfers
between|funds||||||(750)|
|Net movement
in|funds|||(2,330)|964,506|962,176|852,227|
|Reconciliation
of|funds:|||||||
|Total funds brought|forward|||33,759|7,927,867|7,961,626|7,109,399|
|Net movement
in funds||||(2,330)|964,506|962,176|852,227|
|Total funds carried forward||||31,429|8,892,373|8,923,802|7,961,626|
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||||STATEMENT OF CASH FLOWS|STATEMENT OF CASH FLOWS|STATEMENT OF CASH FLOWS|||
|---|---|---|---|---|---|---|---|
||||FOR|THE YEAR ENDED 31AUGUST 2023||||
|||||||2023|2022|
|||||||8||
|Cash flows from operating||activities||||||
|Net cash used in operating|activities|||||1,259,264|1,436,015|
|Cash flows from investing||activities||||||
|Interest received||||||178,031|20,346|
|Proceeds from the sale oftangible|||fixed|assets|||1,000|
|Purchase oftangible fixed assets||||||(422,081)|(177,650)|
|Purchase of investments||||||32,997|28,464|
|Net cash used in investing||activities||||(211,053)|(127,840)|
|Cash flows from financing||activities||||||
|Bank loan repayments|||||||(252,585)|
|Interest paid|||||||(3,597)|
|Receipt of restricted
funds|||||||(750)|
|Net cash provided
by/(used||in)|financing||activities||(256,932)|
|Change
in cash and cash|equivalents|||in|the year|1,048,211|1,051,243|
|Cash and cash equivalents|at the||beginning||ofthe year|3,262,156|2,210,913|
|Cash and cash equivalents||at the end of|||the year|4,310,367|3,262,156|
|The notes on pages 21 to 38||form|part ofthese financial statements|||||
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|Other income||||
|---|---|---|---|
|||2023
E|2022f|
|Miscellaneous|income|152,926|137,594|
|Insurance
claims||3,366|88,740|
|PTA donations||6,171|10,175|
|||162,463|236,509|
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|||Restricted|Unrestricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2023|2023|2023|
|||6|E||
|Staff costs - teaching|||4,065,592|4,065,592|
|Staff costs - administration|||570,399|570,399|
|Staff costs —technical and manual|||359,371|359,371|
|Other direct costs||6,171|394,920|401,091|
|Depreciation|||300,794|300,794|
|Catering, coaches, examination|and trip expenditure|2,330|1,584,303|1,586,633|
|Establishment
and utilities|||1,327,741|1,327,741|
|School administration|||202,483|202,483|
|Insurance
claim expenditure|||1,614|1,614|
|Auditors
remuneration|||15,300|15,300|
|||8,501|8,822,517|8,831,018|
|||Restricted|Unrestdcted|Total|
|||funds|funds|funds|
|||2022|2022|2022|
|||F|F|6|
|Staff costs - teaching|||3,820,670|3,820,670|
|Staff costs - administration|||531,854|531,854|
|Staffcosts - technical and manual|||421,808|421,808|
|Other direct costs||911|407,638|408,549|
|Depreciation||9,264|283,410|292,674|
|Catering, coaches, examination|and tdp expenditure||1,273,135|1,273,135|
|Establishment
and utilities|||1,146,233|1,146,233|
|Insurance
claim expenditure|||91,084|91,084|
|School administration|||88,324|88,324|
|Interest payable|||3,597|3,597|
|Auditors
remuneration|||13,164|13,164|
|||10,175|8,080,917|8,091,092|
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##
|||||Unrestdicted|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2023|2023|
|||||F|E|
|Income from listed investments||||32,997|32,997|
|Bank interest receivable||||178,031|178,031|
|||||211,028|211,028|
|||||Unrestricted|Total|
|||||funds|funds|
|||||2022
6|2022f|
|Income from listed investments||||28,464|28,464|
|Bank interest receivable||||20,346|20,346|
|||||48,810|48,810|
|Auditors'||remuneration||||
|||||2023|2022|
|||||F||
|Fees payable to the Company's|||auditor for the audit ofthe Company's|||
|annual|financial statements|||15,300|13,164|
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|Staffcosts||||||
|---|---|---|---|---|---|
|||||2023
F|2022f|
|Wages and|salaries|||3,851,239|3,681,501|
|Social security costs||||392,765|385,305|
|Contribution|to defined|contdibution|pension schemes|751,356|707,524|
|Recruitment|expenses|||11,739|18,103|
|||||5,007,099|4,792,433|
|The average|number ofpersons employed
by the C|haritable
Company
during the year was as f|ollows:|
|---|---|---|---|
|||2023|2022|
|||No.|No.|
|Teachers||66|66|
|Technical8|manual|11|14|
|Teaching support||6|5|
|Administration||17|16|
|||100|101|
|2023|2022|
|---|---|
|No.|No.|
|||2023
No.|2022
No.|
|---|---|---|---|
|In the band 660,001 - E70,000||||
|In the band F70,001 - F80,000||||
|In the band F80,001 -f90,000||||
|In the band 690,001 - E100,000||||
|In the band 6100,001 - E110,000||||
|In the band 6110,001 - 6120,000||||
|Key management
personnel||||
|||2023|2022|
|||E|F|
|Total remuneration
paid to key management|personnel|503,143|468,386|
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||Long-term||||
|---|---|---|---|---|
||leasehold|Plant and|Motor||
||property|machinery|vehicles|Total|
||F|6|6|6|
|Cost or valuation|||||
|At 1 September 2022|5,888,437|2,391,886|131,313|8,411,636|
|Additions||422,081||422,081|
|At 31August 2023|5,888,437|2,813,967|131,313|8,833,717|
|Depreciation|||||
|At 1 September 2022|1,520,755|2,011,985|131,313|3,664,053|
|Charge for the year|186,987|113,807||300,794|
|At 31August 2023|1,707,742|2,125,792|131,313|3,964,847|
|Net book value|||||
|At 31August 2023|4,180,695|688,175||4,868,870|
|At 31August 2022|4,367,682|379,901||4,747,583|
##
##
||Listed|
|---|---|
||investmentsf|
|Cost or valuation||
|At 1 September 2022|941,990|
|Additions|124,406|
|Disposals|(117,985)|
|Loss on revaluation|(30,485)|
|At 31August 2023|917,925|
|Net book value||
|At 31August 2023|917,925|
|At 31August 2022|941,990|
##
|Debtors||||
|---|---|---|---|
|||2023|2022|
|||5||
|Due within one year||||
|Other debtors||32,507|748|
|Prepayments|and accrued income|369,512|300,660|
|||402,019|301,408|
##
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##
||||||2023|2022|
|---|---|---|---|---|---|---|
||||||E|F|
|Trade creditors|||||451,429|125,282|
|Other creditors|||||152,099|213,397|
|Other taxation|and social security||||100,847|103,412|
|Pension fund loan payable|||||91,752|86,443|
|Accruals and deferred||income|||45,520|47,440|
|Deposits and school fees received|||in advance||332,766|340,491|
|Net obligations|under|finance lease|and hire purchase|contracts|33,470|21,592|
||||||1,207,883|938,057|
##
|||||2023f|2022
E|
|---|---|---|---|---|---|
|Deposits and|school fees received|in advance||299,571|299,571|
|Net obligations|under finance lease|and hire purchase|contracts|67,926|53,883|
|||||367,497|353,454|
##
##
##
|Financial|instruments|||||
|---|---|---|---|---|---|
|||||2023|2022|
||||||6|
|Financial|assets|||||
|Financial|assets measured|at fair value through|income and expenditure|4,310,367|3,262,156|
|Financial|assets measured|at fair value which are equity to the issuer||917,927|941,990|
|Financial|assets measured|at amortised cost||32,507|748|
|||||5,260,801|4,204,894|
|||||2023|2022|
|||||6||
|Financial|liabilities|||||
|Financial|liabilities measured|at amortised cost||(598,346)|(248,197)|
##
##
|Summary
offun|ds - current yea|r|||||
|---|---|---|---|---|---|---|
||Balance at 1|||||Balance at|
||September
2022
6|Incomef|Expenditure
F|Transfers
in/out
6|Gains/
(Losses)
6|31August
2023
8|
|Designated
funds|875,000|||25,000||900,000|
|General funds|7,052,867|9,844,085|(8,829,116)|(25,000)|(50,463)|7,992,373|
|Restricted funds|33,759|6,171|(8,501)|||31,429|
||7,961,626|9,850,256|(8,837,617)||(50,463)|8,923,802|
##
##
|Summary offun|ds - prior year||||||
|---|---|---|---|---|---|---|
||Balance at|||||Balance at|
||1 September|||Transfers|Gains/|31 August|
||2021|Income|Expenditure|in/out|(Losses)|2022|
||E|E||8||8|
|Designated|||||||
|funds|850,000|||25,000||875,000|
|General funds|6,224,890|9,022,812|(8,087,963)|(25,000)|(81,872)|7,052,867|
|Restdicted funds|34,509|10,175|(10,175)|(750)||33,759|
||7,109,399|9,032,987|(8,098,138)|(750)|(81,872)|7,961,626|
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|Analysis ofnet assets between funds -current year||||
|---|---|---|---|
||Restricted|Unrestricted|Total|
||funds|funds|funds|
||2023|2023|2023|
||6|6|6|
|Tangible fixed assets||4,868,871|4,868,871|
|Fixed asset investments||917,925|917,925|
|Current assets|31,429|4,680,957|4,712,386|
|Creditors due within one year||(1,207,883)|(1,207,883)|
|Creditors due in more than one year||(367,497)|(367,497)|
|Total|31,429|8,892,373|8,923,802|
|Analysis ofnet assets between funds -prior year||||
||Restricted|Unrestricted|Total|
||funds|funds|funds|
||2022|2022|2022|
||5|F|6|
|Tangible fixed assets||4,747,583|4,747,583|
|Fixed asset investments||941,990|941,990|
|Current assets|33,759|3,529,805|3,563,564|
|Creditors due within one year||(938,057)|(938,057)|
|Creditors due in more than one year||(353,454)|(353,454)|
||33,759|7,927,867|7,961,626|
##
##
##
##
||||2023
6|2022f|
|---|---|---|---|---|
|Net income for the year (as per Statement of Financial Activities)|||962,176|852,977|
|Adjustments
for:|||||
|Depreciation
charges|||300,794|292,674|
|Gains on investments|||24,066|60,454|
|Dividends,
interests|and rents from|investments|(32,997)|(28,464)|
|Sale offixed assets||||31|
|Decrease/(increase)|in debtors||(100,611)|65,932|
|Increase
in creditors|||283,867|209,160|
|Interest income|||(178,031)|(20,346)|
|Interest expense||||3,597|
|Net cash provided|by operating|activities|1,259,264|1,436,015|
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||||F|F|
|Cash|at|bank|and|in|hand|4,310,367|3,262,156|
##
||||At 1||||
|---|---|---|---|---|---|---|
||||September||New finance|At 31August|
||||2022|Cash flows
6|leases
f|2023
8|
|Cash at bank and||in hand|3,262,156|1,048,211||4,310,367|
|Debt due within|1|year|(86,443)|(5,309)||(91,752)|
|Finance leases|||(75,475)||(25,922)|(101,397)|
##
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##
|At 31 Augu
cancellable|st 2023 the Company
had commitments
to make
operating
leases as follows:|future
minimum
lease payments|under non-|
|---|---|---|---|
|||2023f|2022|
|Not later than
1 year||406,301|393,167|
|Later than|1 year and not later than 5years|1,471,587|1,464,962|
|Laterthan|5years|7,007,343|7,431,026|
|||8,885,231|9,289,155|
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