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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|
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||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|
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|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|
##
##
||||Governance||
|---|---|---|---|---|
|||Finance|costs|Totals|
|||f|||
|Provision|ofeducation|1,487|11,640|13,127|
##
|||31.8.22|31.8.21|
|---|---|---|---|
|||E||
|Auditors'|remuneration|8,400||
|Depreciation - owned assets||7,750|6,649|
##
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|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|
##
##
|MOVEMENT|IN FUNDS|||||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1.9.21|in funds
f|31.8.22|
|Unrestricted|funds|||||
|Gcncra1 fund|||29,371|119,618|148,989|
|TOTAL I'UiVDS|||29,371|119,618|148,989|
|Net movement|in funds, included|in tbe above arc as follotvs:||||
||||Incoming|Resources|Movement|
||||resources
f|cxpcllded|in funds|
|Unrestrietcd|funds|||||
|General
fund|||1,356,406|(1,236,788)|119,618|
|TOTAL FUiVDS|||1,356„406|(1,236,788)|119,618|
##
||||||Net||
|---|---|---|---|---|---|---|
||||||movement|At|
|||||At 1.9:20|in funds
f|31.8.21
f|
|Unrestricted||funds|||||
|General|fund|||'(62,928}|92,299|29,371|
|TOTAL|FUNDS|||(62„928)|92,299|29,371|
|Comparative||net movement|in funds, included|in the above are as ioliotvs:|||
|||||Incoming|Resources|Movement|
|||||resources
f|expended
f|in funds|
|Unrestricted||funds|||||
|General|fund|||1s24»019|(1 152720)|92,299|
|TOTAL FUNDS||||1,245,019|(1,152,720)||
##
##
|||||Nct||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1.9.20|in funds|31.8.22|
||||||6|
|Unrestricted||funds||||
|General|fund||(62,928)|211,917|148,989|
|TOTAL|FUNDS||(62,928)|211,917|148,989|
|||Incoming|Resources|Iviovcmcnt|
|---|---|---|---|---|
|||resources
f|expended|in Ends
f|
|Unrestricted|funds||||
|General knd||2,601,425|(2,389,508)|211,917|
|TOTAL FUNDS||2,601,425|(2,389,508)|211,917|
##
##
|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|
|31.8.22|31.8.21|
|---|---|
|1,017,747|968,532|
|135,081|135,081|
|9,949||
|5,493||
|47,641|30,385|
|2,179|4,062|
|5,571|2,587|
|1,223,661|1,140,647|
|1,487|433|
|8,400|8,400|
|3,240|3,240|
|11,640|11,640|
|1,236,788|1,152,720|
|119,618|92,299|