2023-08-31-accounts - Zelda School

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

			Page
Report ofthe Trustees		1	to	4
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet		7	to	8
Notes to the Financial Statements		9	to	18

				31.8.23	31.8.22
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
	Notes
FIXEDASSETS
Tangible assets		11,907		11,907	12,372
CURRENT ASSETS
Debtors	12	5,824		5,824	7,577
Cash at bank and in hand		40,310	2,500	42,810	37,065
		46,134	2,500	48,634	44,642
CREDITORS
Amounts falling due within one year	13	(11,729)		(11,729)	(8,244)
NET CURRENT ASSETS		34,405	2,500	36,905	36,398
TOTAL ASSETSLESSCURRENT
LIABILITIES		46,312	2,500	48,812	48,770
CREDITORS
Amounts falling due after more than one
year	14	(8,677)		(8,677)	(12,667)
NET ASSETS		37,635	2,500	40,135	36,103
FUNDS	16
Unrestricted funds				37,635	36,103
Restricted funds				2,500
TOTAL FUNDS				40,135	36,103

DONATIONS AND LE	GACIES
		31.8.23	31.8.22
Donations		2,500	262
Grants			42
		2,500	304
Grants received, included	in the above, are as follows:
		31.8.23	31.8.22
First year interest Bounceback loan			42

	for the Year Ended 31Au u	for the Year Ended 31Au u	st 2023
3.	OTHER TRADING ACTIVITIES
				31.8.23	31.8.22
	Fundraising events			1,745	1,725
4.	INVESTMENT INCOME
				31.8.23	31.8.22
	Bank interest receivable
5.	CHARITABLE ACTIVITIES COSTS
				Support
			Direct	costs (see
			Costs	note 6)	Totals
	Primary school		157,566	1,094	158,660
6.	SUPPORT COSTS
				Governance
			Management	costs	Totals
	Other resources expended		3,815	2,096	5,911
	Primary school		1,094		1,094
			4,909	2,096	7,005
7.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)	is stated after charging/(crediting):
				31.8.23	31.8.22
	Independent examiner's	remuneration		948	912
	Depreciation —owned assets			3,969	4,124

	for th	for th	for th	e Year Ended 31Au ust 202	e Year Ended 31Au ust 202	3
8.	TRUSTEES' REMUNERATION			AND BENEFITS
							31.8.23		31.8.22
	Trustees' salaries						18,098		28,861
	Trustees' social security								535
	Trustees' pension contributions to money purchase				schemes		266		554
							18,364		29,950
	The trustees' salaries	shown above are as follows:
	Zelda Astley					Headteacher			614,603
	Russ Monhemius					Administrator			K3,495
	Pension contributions	made on behalf oftrustees are as follows:
	Zelda Astley					Headteacher			f266
	These payments are	made	under the authority ofthe Memorandum
	ofAssociation.
	Trustees' expenses
	There were no trustees'		expenses	paid for the	year ended 31	August	2023 nor	for the year ended
	31August 2022.
9.	STAFF COSTS
							31.8.23		31.8.22
	Wages and salaries						125,955		122,232
	Social security costs								1,360
	Other pension costs						1,357		1,575
							127,312		125,167
	The average monthly	number ofemployees during			the year was as	follows:
							31.8.23		31.8.22
	Teachers							4	3
	Teaching assistants							3	3
	Administrator							1	1

	Notes to the Financial Statements - continued for the Year Ended 31Au ust 2023	Notes to the Financial Statements - continued for the Year Ended 31Au ust 2023	Notes to the Financial Statements - continued for the Year Ended 31Au ust 2023	Notes to the Financial Statements - continued for the Year Ended 31Au ust 2023
10.	COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			fund	funds	funds
	INCOME AND ENDOWMENTS FROM
	Donations and legacies		304		304
	Charitable activities
	Primary school		150,926		150,926
	Other trading activities		1,725		1,725
	Investment income		6		6
	Total		152,961		152,961
	EXPENDITURE ON
	Raising funds		671		671
	Charitable activities
	Primary school		153,067		153,067
	Other		7,050		7,050
	Total		160,788		160,788
	NET INCOME/(EXPENDITURE)		(7,827)		(7,827)
	RECONCILIATION	OF FUNDS
	Total funds brought forward		43,930		43,930
	TOTAL FUNDS CARRIED
	FORWARD		36,103		36,103

		for the Yea	r Ended 31Au ust	2023
11.	TANGIBLE	FIXEDASSETS
			Yint k	Finniture
			Buildings	4fixtures	Equipment	Totals
	COST
	At 1 September 2022		45,460	2,423	11,816	59,699
	Additions		1,488	2,016		3,504
	At 31August	2023	46,948	4,439	11,816	63,203
	DEPRECIATION
	At 1 September 2022		35,754	2,016	9,557	47,327
	Charge for year		2,799	605	565	3,969
	At 31August	2023	38,553	2,621	10,122	51,296
	NET BOOK	VALUE
	At 31August	2023	8,395	1,818	1,694	11,907
	At 31August	2022	9,706	407	2,259	12,372
12.	DEBTORS:	AMOUNTS FALLING DUE WITHIN ONE		YEAR
					31.8.23	31.8.22
	Other debtors				3,946	6,652
	Prepayments	and accrued income			1,878	925
					5,824	7,577
	Other debtors	is made up as follows:
					31.8.23	31.8.22
	School fees				3,946	6,652

		Notes to the Financial Statements - continued for the Year Ended 31Au ust 2023	Notes to the Financial Statements - continued for the Year Ended 31Au ust 2023
13.	CREDITORS:	AMOUNTS FALLING DUE WITHIN ONE YEAR
				31.8.23		31.8.22
	Bank loans and	overdrafts	(see note 15)		4,000	4,000
	Trade creditors					870
	Other creditors					287
	Deferred income				2,501	647
	Accrued expenses				5,228	2,440
					11,729	8,244
	Deferred income represents		school fees received in the year before that to which		they relate.
					2023	2022
	Balance brought	forward			647	144
	Released during	the year			-647	-144
	Received during	the year			2,501	647
	Balance carried	forward			2,501	647
14.	CREDITORS:	AMOUNTS FALLING DUE AFTERMORE THAN		ONE	YEAR
				31.8.23		31.8.22
	Bank loans (see	note 15)			8,677	12,667
15.	LOANS
	An analysis ofthe maturity		ofloans is given below:
				31.8.23		31.8.22
	Amounts falling	due within	one year on demand:
	Bank loans				4,000	4,000
	Amounts falling	between one and two years:
	Bank loans —1-2years				4,000	4,000
	Amounts falling	due between two and five years:
	Bank loans —2-5 years				4,677	8,667
	During the year,	the charity	paid interest on its bank loan ofF381(2022 f423).

		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted	funds
General fund		152,961	(160,788)	(7,827)
TOTAL FUNDS		152,961	(160,788)	(7,827)
A current year	12months	and prior year 12months combined position is as follows:
			Net
			movement	At
		At 1.9.21	in funds	31.8.23
Unrestricted	funds
General fund		43,930	(6,295)	37,635
Restricted funds
Access Road			2,500	2,500
TOTAL FUNDS		43,930	(3,795)	40,135