2022-08-31-accounts - London Christian School Ltd

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		Page
Reference and Administrative Details
Report ofthe Trustees	2	to	4
Report ofthe independent Auditors	5	to	8
Statement ofFinancial Activities
Balance Sheet
Cash Flow Statement
ivtotes to thc Cash Flow Statement		12
%utes to the Financial Statements	13	to	20
Detailed Statement ofFiaancia! Activities	21	to	22

	Notes
INCOME AND ENDOWlVIENTS FROM
Donations and legacies
Charitable activities
Pmvision ofeducation
Other income
EXPENDITURE ON
Charitable activities
Provision ofeducation
NKT INCOME
RECONCILIATION OF FUNDS
Total funds brought forward

Balance Sheet
31August 2022
				31.8.22	31.8.21
				Umestricted	Total
				fund	ftmds
		Notes			f
FIXEDASSETS
Tangible assets		10		13,912	4,859
CURRENT ASSETS
Debtors				6,914	11,413
Cash at bank and in hand				614,981	399,515
				621;895	410,928
CREDITORS
Amounts falling duc within one year				(486,818)	(386„416)
iVET CURREiVT ASSETS				135,077	24,512
TOTAL ASSETSLESSCURRENT
LIABILITIES				148,989	29,371
NE"fASSETS				148„989	29,371
FUNDS		13
Unrestricted Ihnds				148,989	29,371
TOTAL FUNDS				148,989	29,371
The financial statements were and were sign«d on its behalf	approved by:	by tho Board ofTrustees	and authorited	for issue on ...................t'...&...(.„„„. ~„

London Christian School	I.td
Cash F)ow Statement
for the Year Ended 31August		2022
				31.8.22	31.8.21
			Notes	f
Cash flows 1'rom operating	activities
Cash gencratcd from operations				232,269	131,373
Nct cash provided by operating		activities		232,269	131.,373
Cash flows from investing	activities
Purchase oftangible fixed assets				(16,803)	(4,844)
Nct cash used in investing activities				(16,803)	(4,844)
Change in cash and cash equivalents			in the
reporting period				215,466	126,529
Cash and cash equivalents	at the beginning
ofthe repmting period				399,515	272,986
Cash and cash equivalents	at the end		ofthe
reporting peri'od				614,981	399,515

RKCONCIL	IATiO	N OFNE	T INCOME TONET CASH FLOW FROM OP	ERATLNG ACTIV	ITIES
				31.8.22	31.8.21
Net income	for thc	reporting	period (as per the Statement ofFinancial
Activities)				119,618	92,299
Adjustments	for:
Depreciation	charges			7,750	6,649
Decrease in	debtors			4.499	15,602
Increase in creditors				100,402	16,823
Net cash provided		by operations		232,269	131,373

ANALYSIS OF CHANCES IN NET FUNDS
	At 1.9.21	Cash flow	At 31.8.22
	f
Net cash
Cash at bank and in hand	399,515	215,466	614,981
	399,515	215,466	614,981
Total	399,515	215,466	614,981

Notes to the Financial	Notes to the Financial	Notes to the Financial	Statements - continued	Statements - continued	Statements - continued
for the	Year Ended	31August			2022
2.	DONATIONS		AND LEGACIES
							31.822	31.8.21
							f.
	Donations 2	gifts					1,297	3,177
	Grants						65,518	47,673
	Commission received						181	320
								51,170
	Grants rcccived, included				in the above, are as follows:
							31.8.22	31.8.21
	Grants from UKCS						65,518	47,6/3
3.	INCOME FROM CHARITABLE ACTIVITIES
							31.8.22	31.8.21
					Activity		f	f.
	Fees receivable				Provision ofeducation		1,330,892	1,232,258
	Bursarics				Provision ofeducation		(43,662)	(63,715)
							1,287,230	1,168,543
4.	OTHER INCOME
							31.8.22	31.8.21
	Government	Furlough		Grant				25,306
	Miscellaneous		income				2,180
							2„180	25,306
5.	CHARITABLE ACTIV1TIES COSTS
							Support
						Direct	costs (see
						Costs	note 6)	Totals
						f
	Provision of	education				1,223,661	13,127	1,236,788

STAFFCOST	S
				31.8.22	31.8.21
					E
Wages and salaries				787.522	810,454
Other pension	costs			29,262	28,478
				816,784	838,932
Thc avcragc monthly		number ofemployees	during thc year was ns follows:
				31.8.22	3).8.2)
Teaching staff				23	23
Administrative	staff			7	8
					31

Thc num	ber oi'employees whose employee bcncfits (	excluding employer pension costs) excccdcd f6	0,000«as:
		31.8.22	31.8.21
f60,001	- E70,000	I	I

for th	e Year Ended 31August 2022
10.	TANGIBLE FIXEDASSETS
		Fixnlres
		aild	Computer
		fittings	equipment	Totals
		6
	COST
	At I September 2021	40,621	57,649	98,270
	Additions	4,699	12,104	16,803
	At 31August 2022	45,320	69,753	115,073
	DEPRECIATION
	At I September 2021	38,912	54,499	93,411
	Charge for year	2,179	5,571	7,750
	At 31 August 2022	41,091	60,070	101,161
	NET BOOK YALUE
	At 31 August 2022		9,683	13,912
	At 31 August 2021	1,709	3,150	4,859
II.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
			31.8.22	31.8.21
	Trade debtors		749	789
	Prcpaymcnts		6,165	10,624
			6,914	11,413
12.	CREDITORS1 AMOUNTS FALLING DUE WITHIN ONE YEAR
			31.8.22	31.8.21
				f
	Trade creditors		39,530	20,150
	Employees Tax Rebate			3,665
	Deposit held		213,082	168,261
	Fees in advance		216,771	184,420
	Accruals and deferred income		17,435	9,920
			486,818	386,416

for the Year Ended	3	1August 2022
			31.8.22	31.8.21
			f.	f
INCOME AND ENDOWMENTS
Donations and legacies
Donations 8:giAs			1,297	3,177
Grants			65,518	47,673
Commission received			181	320
			66,996	51,170
Charitable activities
Fees rcccivablc			1,330,892	1,232.258
Bursaries			(43,662)	(63,715)
			1,287,230	1,168,543
Other income
Government Furlough		Grant		25,306
Miscellaneous income			2,180
			2, 180	25,306
Total incoming resources			1,356,406	1,245,019
EXPENDITURE
Charitable acnvities
Wages incl social security			787,522	810,454
Pensions			29,262	28,478
Rates			9,416	9,416
insurance			5,346	5,496
Light and beat Telephone Printing, stationery	and postage		9.818 8,701 11,496	9,523 8,315 9,314
Advertising			1,284	632
Sundries			1,264	1,265
Hire ofpremises			14,306	2,808
Membership Classroom resources		dt books	13.518 15,383	9,153 26,935
Training courses Repairs 3k renewals			11,546 56,659	3,960 13,368
Water			1,262
Professional fees			10,899
Computer expenses Cleaning Carried forward			13,275 16,/90 1,017,747	12,331 17,084 968,532

Detailed Statement ofFinancial Actisdties
for the Year Ended 31August 2022
Charitabl activities
Brought forward
Rent
Extracurricular activities
Other Staif Costs
Contract Staff
Fixtures and ftttings - Dcpn
Computer equipment —Depn
Support costs
Finance
Bank charges
Governance costs
Auditors' remuneration
Payroll expenses(Gross)
Total resources expended
Net income