| CONTENTS | PAGES | |
|---|---|---|
| Legal and Administrative | Information | |
| Trustees' Report |
3 to 7 | |
| Independent Examiners' |
Report | |
| Statement of Financial | Activities | |
| Balance Sheet | 10 | |
| Statement ofCash Flows | ||
| Notes to the Financial Statements |
12to 17 |
| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| Funds | Funds | ||||
| Notes | 2022 | 2021 | |||
| INCOME | |||||
| Income from charitable | activities | ||||
| School fees | 663.586 | 641,476 | |||
| Other income | 83,586 | 87,967 | |||
| TOTAL INCOME | 747,172 | 729,443 | |||
| EXPENDITURE | |||||
| Charitable activities |
|||||
| School running costs |
789,602 | 676,114 | |||
| TOTAL EXPENDITURE | 789,602 | 676,114 | |||
| NET (OUTGOING)/INCOMING | FOR THE YEAR | (42,430) | 53,329 | ||
| NET MOVEMENT | IN | FUNDS | |||
| RELATING TO THE | YEAR | 12 | (42,430) | 53,329 |
| DATE VALLEY SCHOOL | TRUST | |||
|---|---|---|---|---|
| STATEMENT OF CASH | FLOWS | |||
| FOR THE YEAR ENDED 31sT | AUGUST 2022 | |||
| 2022 | 2021 | |||
| g | g | |||
| Cash flows from operating activities: |
||||
| (Deticit)/Surplus for the |
financial year |
(42,430) | 53.329 | |
| Adjustments for: |
||||
| Depreciation of tangible | assets | 5,572 | 4,227 | |
| Purchase offixed assets | (9,606) | (13,106) | ||
| (Increase)/Decrease in debtors |
(7,528) | 10,554 | ||
| Increase in creditors |
2.168 | 12.558 | ||
| Net cash from operating | activities | (51,824) | 67,562 | |
| Net (decrease)/increase | in | cash and cash equivalents | (51,824) | 67,562 |
| Cash and cash equivalents | at the beginning ofthe year | 300,050 | 232,488 | |
| Cash equivalents at the |
end ofthe year | 248426 | 300,050 | |
| Cash and cash equivalents | at the ofthe year comprise: | |||
| Cash at bank and in hand | 248,226 | 300,050 |
| OTHER INCOME | 2022f | 2021 | ||
|---|---|---|---|---|
| Donations received | 28,943 | 29,213 | ||
| 1-lilz and after school activities | 24,389 | 17,147 | ||
| School trips. travel, uniforms | and dinners | 7.474 | 3,259 | |
| School events | 1,613 | 79 | ||
| Fund raising income | 18.638 | 23,435 | ||
| Sundry income |
2,529 | 1,071 | ||
| Coronavirus job retention | scheme —grant | 13,763 | ||
| 83,586 | 87,967 |
| 6. | SCHOOL RUNNING | COSTS | COSTS | ||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| f | |||||||
| Rent & rates payable | 119,293 | 121,466 | |||||
| Hiring sports hall Repairs, maintenance Stafftraining &costs |
and cleaning | 4,013 37,666 2,531 |
14 30,419 439 |
||||
| Telephone and internet |
724 | 685 | |||||
| Insurance | 13,775 | 12,501 | |||||
| Teaching material and |
educational | resources | 14,061 | 8,846 | |||
| Staffsalaries | 484,690 | 427,418 | |||||
| Pension contributions | 5.293 | 5,387 | |||||
| Depreciation ofoffice | equipment | 5,572 | 4,227 | ||||
| Printing, postage and stationery |
9,701 | 7,540 | |||||
| School trips, travel, uniforms | and | dinners | 4,625 | 227 | |||
| Sundry expenses | 3,430 | 5,094 | |||||
| Fund raising expenses | 50,173 | 13,012 | |||||
| Activity generated donations |
expenses | 612 | 73 | ||||
| Equipment rental |
2,125 | 1,908 | |||||
| Fire and burglar alarm |
costs | 1,881 | 1,231 | ||||
| Waste disposal | 1,544 | 1,602 | |||||
| Water rate | 1,751 | 645 | |||||
| Light and heat | 7,375 | 5,065 | |||||
| Bank charges | 1,357 | 420 | |||||
| Bad debt | 2,435 | 11.298 | |||||
| Other support costs |
|||||||
| Accountancy fee |
2,980 | 2,880 | |||||
| Legal and professional | fees | 11,995 | 13,717 | ||||
| 789,602 | 676,114 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| g | ||||||||
| Wages, | salaries | and | allowances | (incl. | employer's | NIC) | 484,690 | 427,418 |
| Pension | costs | 5,293 | 5.387 | |||||
| 489,983 | 432.805 |
| The average | number ofstaff employed | number ofstaff employed | (including | (including | 1 full | time trustee (2021: 1 trustee)). | time trustee (2021: 1 trustee)). |
|---|---|---|---|---|---|---|---|
| calculated as | full time equivalents | during | the year | was as follows: | |||
| 2022 | 2021 | ||||||
| No. | No. | ||||||
| Management | 3 | 3 | |||||
| School Teaching Staff | 17 | 16 | |||||
| Administrative | Staff | 2 | 2 | ||||
| 22 | 21 |
| 8. | TANGIBLE FIXEDASSETS- | OIIIce | Total |
|---|---|---|---|
| Equipment | |||
| Cost | |||
| At 1 September 2021 |
62.371 | 62,371 | |
| Additions | 9,606 | 9,606 | |
| At 31 August 2022 | 71,977 | 71,977 | |
| Depreciation | |||
| At 1 September 2021 |
49,689 | 49,689 | |
| Charge for the year | 5,572 | 5,572 | |
| At 31 August 2022 | 55,261 | 55,261 | |
| Net book value | |||
| At 31 August 2022 | 16.716 | 16.716 | |
| At 31 August 2021 | 12,682 | 12,682 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| K | ||||
| Unpaid | school | fees | 48,859 | 37,165 |
| Other | debtors | and prepayments | 31,641 | 35,807 |
| 80,500 | 72,972 |
| 2022 | 2021 | ||
|---|---|---|---|
| School fees received | in advance | 38,915 | 56,795 |
| Other creditors and | accruals | 25,959 | 16,865 |
| 64,874 | 73,660 |
| 11.CREDITOR | S: AMO | UNTS FALLING DUE | AFTER MORE T | HAN ONE Y |
|---|---|---|---|---|
| 2022 | 2021 | |||
| Deposits received in advance | 125,876 | 114,922 | ||
| 12.UNRESTRICTED FUNDS | 2022 | ~202 | ||
| Balance brought | forward | on 1 September 2021 |
197.122 | g 143,793 |
| Net movement | in funds | relating to the year: | ||
| (Deficit)/Surplus | (42,430) | 53,329 | ||
| Balance carried | forward | on 31 August 2022 | 154,692 | 197.122 |