OpenCharities

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

2022-08-31-accounts

Trustees Trustees Mire J Duschenes Mire J Duschenes
Dr H Zhao
Dr N Tighe
Mr G Hemming
Mr G Lines
Mrs E Howard
Ms R fdiurphy
Ms W Littman
Mr N Edwards (Appointed 13 Januaty 2022)
Itrirs Abbie Stewart (Appointed 31 January 2022)
Ms Ettrut Hussain (Appointed 25 August 2022)
Dr Xtaofan Wang (Appointed 6 February 2023)
Secretary Isis K PhEasant
Chanty number 1142325
Conlna Ily number 07577522
Registered office Ashley Road
Attnncham
Cheshire
WA14 2I T

Page
Trustees'
report		 1 —7
Statement
of trustees'		 responsibilities
Independent
auditor's		 repoi1 9 —10
Statement
of financial		 activities
Balance sheet 12
Statement
of cash flovrs		 13
I!utes to ti;e ftnanctai sta;cments 14 —2 '
Detailed statement
of		 financial activities 24-26

Unrestricted Total
funds 2021
Notes 6 6
Income from:
Charitable
activities		 2,630,697 2,243,168
Investments 940 1,153
Total income 2,631,637 2,244,321
~Ed
i
Chantable
activrves		 2,493,587 2 37i 5i6
Total resources expended 2,493,587 2,377,5i6
Net incomel(expenditureI for the pearl
INet ntovement in funds 138,050 (133,255)
Fund balances at
1 Sepiember		 2021 2 399,285 2,532,540
Fund balances at 31August 2022 2 537335 2,399.285

2022 2021
Notes f f
Fixed assets
Tangible assets 10 1,904,632 1,888,927
Current assets
Debtors 749,367 569,252
Cash at bank and in hand 1,026,921 1,045,266
1,776,288 1,614518
Creditors: amounts falling due within
one year 143585I i I Oci7 032j
Net curre ~t assets 632,703 517,486
Total assets less current liabilities 2 5'7 335 2.406,413
Creditors: amounts
more than one vear		 falling due after 14 (7,128j
Iget assets c'3'7 f35 2 399285
Income funds
Unrestncted
funds		 2,537,335 2,399,285
2.537 335 2 3o9285

2022 2021
Notes 8 f
Cash flows from operating activities
Cash generated
from opeiations		 17 125,7G7 160,025
Investing activities
Purchase of tangible
fixed assets		 (137,924) (38,536)
Investment income received 940 1,153
Net cash used
in investing		 activities (136,984) (37,383)
Financing activities
Paymetii of ubllgelions
rllsdei		 Illaali
e		 I aces 0 IE 128'
lqet cash used
in financing		 activities (7 128) i. ,1281
Net (decrease)/increase
in		 cash and cash
equivalents (18,345)
Cash and cash equivalents
at beginning		 of yeai 1,045,266 929,i o2
Cash and cash equivalents at end of year 1 026,921 1,04,26G

3 Income
- charitable
a		 ctivities
2022 Income from
Schoolfees extra-curricular Income from
received activities lunches Total
2022 2022 2022 2027
f 6
Sales ivittsn chaiitable actwitie 2,268,143 211,844 ;50,7IQ
2021 Income from
School fees extra-curricular Income from
received activities lunches Tora
I
7021
f		 2021f 2021
f		 2021
f
Sales within chantable activities 2,002,983 134,136 106,049 2,243,168
4 investments
Unrestricted Unrestricted
funds funds
2022 2021
f f
Interest receivable 840 1,153

Expenditure - charit able
activities
Teaching Welfare Premises Support Governance Total 2021
costs costs costs costs costs
Staff costs 1,391,553 72,668 71,815 277,749 1,813,785 1,828,423
Depreciation 7,092 109,477 5,650 122,219 109,006
Establishment costs 59,913 6,251 58,294 29,334 153,792 144,293
Teaching costs 126,249 126,249 64,423
Catering 71,65a 71,654 51, 1 6
consumables
Cleaning no 457 90457 81,992
Administration— 78,258 , 8 258 55,639
Sundry costs
Governance costs 37,173 37,173 42 Ij24
1 584,8oi 150 330043 90,991 37,U3
1,584,80 ' 150-:-' -30na- 390nn1 .7,173 2,493.587 2 = i 576
Analysis
by
Unrestricted		 fund
funds		 1,584,80 ' 150,573 330,043 390991 37,173 2,49' 58 '
1,584,807 15057' 330,043 390,991 37,173 2,493 55i
For the year ended
31 August2021
Unrestricted funds 1,539,082 130.031 306 178 359,661 42 624 2,377576
1,539,082 130031 306,178 359,661 42,624 2.377,576
Support costs
Support Governance Basis of
costs costs 2022 2021 allocation
f f f f
Audit fees 6,820 6,820 6,700 Governance
Accountancy 6,948 6,948 4548 Governance
Legal and professional 23,405 23.405 31,376 Governance
37,173 37,173 42,624

Net movement Net movement in funds 2022 2021
f 6
Net movement in funds is stated after charging/(crediting)
Fees payable to the company's auditor for the audit of the company's financial
statements 6,820 6,700
Depreciation of owned tangible fixed assets 118,498 104,044
Depreciation of tangible fixed assets held under finance lease 3,721 4,962

Trustees Trustees Trustees Trustees
None
of the trustees		 (or any persons connected with them) received any remuneration/reimbursed expenses
duratg the vear
Employees
?022 ?021
irtumber of full-tinie teaci~ing tafi 13
Number of part-time teacning star'f 14 14
Numbet of full-ume teach;ng support slaff
iNumber of part-tiine teachno support staff
Number of full-time pupil suppoii staff
Number of part-time pupil upport staff
Number of full-iime admiriisti ation iaff
Igumber of pair-lime adm, n stralion staff
i&umber of full-time welfaie staff
Number of full-time premises staff
i)umber of part-time premises staff
Total for all employees
2022 2021
Employment
costs		 F F
Wages and salaries 1,458,984 1,484,998
Social secunty costs 133,010 133,866
Other pension
co ts		 221,789 209 559
1,813,783 1,828,423
2022 2021
Number Number
670,001 —f80,000 1
680,00t-690,000

Land & Other Plant 8, School Office
buildings assets machinery equipment equiPment Total
f 6 6 f f
Cost
At 1 September
2021		 1,800,000 634.601 40,451 78,589 61,136 2,614,777
Additions 127,328 935 3,470 G,191 137,924
At 31 A.ugust 2022 1,800,000 61,929 41,38G 82,059 67,327 2,752.701
Depreciation and impairment
At 1 September
2021		 270.000 338,414 22,065 52,535 n2 836 725 85n
Depreciation charged in the year 27 000 77 822 4,G55 7,092 5 650 122 2'19
At 31 August 2022 &o-,OOG 416,236 26,720 59627 48486 84o 069
Carrying
amount
At 31 August 2022 1,5r&3,000 oa5, 693 14,666 22,432 18,641 1,90i4,G.2
At 31 August 2021 1530n00 29r&187 18,386 26 054 18,300 1,888 92r
leases or hire
- 64,962)		 purchase
cont		 racts
The depreciation
charge
in ies		 pect of such assets amounted
to 63,		 721 f2021
2022 2021
Office equipment 1"16' 1' ' e
11 Debtors
Amounts
falling due within		 one year: 2022 2021
9
Trade debtors 715,829 509,932
Prepaymenis and accrued income 33,538 59,320
749,367 569,252

2022 2021
E E
Withiil orle yeai' 7,128 7,128
Within two and five years 7 128
7,128 14,256
Finance
lease payments		 Finance
lease payments		 Finance
lease payments		 represenr rentals payable by the ompany ompany for an item cf cffice for an item cf cffice for an item cf cffice for an item cf cffice equ l ment l ment Leases
include
prirchase		 options at the cnd
nf the lease		 period, and no 1, stnctions aie pl: ced nn ti'le 1 Se or !he
assets
The lease		 is on a fixed repayment basis and no arrangements have been entered into for contingent
rentai payments
'i3 Creditors;
amounts		 falling due vvithin one year
2022 2021
idates E 6
Obligations
under		 finance I ases 12 7, 128 7,128
Other
taxation
and		 social secunty 29 931 34 859
Defened
income		 16 82'l, 310 82,799
Trade creditors 28 034 27,884
Other creditors 30,620 27,488
Accruals
and deferred		 income 226 562 216,874
1 143,585 1,097,032
14 Credito s:ainoullis iaiiing due aftei ritore thail nile year
20?? 2021
Notes E
Obligations
under		 finance leases 12 7,128

2022 2021
f f
Other deferred
income		 821,310 782,799
Deferred
income		 is included in the finanmal statements as follows
7027 2021
r' f
Current
kabikties		 821 3IQ 782,799
821,310 782,799
17 Cash generated iiom operations 2022 2021
6
Suiplusltdefliclt,
for il-,e		 ye I 1 c050 (13,255)
Adjustments
foi
Investment
income reroonised		 in statement of finanmal actnnties (CJ4Q) (1,153)
Dep ec al on and in pai rrant of tangible fixed assets 122,2 19 109,G06
Iviovements
in working		 capital
(Inciease) in debtors (180,115) (13815)
Increase
in creditois		 8,042 47,922
Inciease in deferred Incorne 38,511 151,320
Cast i generaleri from operations 125 707 loG 025
18 Analysis
of changes		 rn net funds
At 1 September Cash flows At 31
2021 August
2022
6
Cash at bank and in hand 1,045,266 (18,345) 1,026,921
Obiigations
under		 finance leases (14,256) 7,128 (7,128)
1,031,010 (11,217) 1,019,793

2022f 2021
6
Incoming
resources
Voluntary
income
Donations
Donated
net current		 Iiabihties
Donations
Donated cash funds
investment
income
Bank interest
receivable		 940 1 153
Incoming
resources
from		 charitable activities
School fees received 2,268,143 2,002,983
Income from exiia-cuniculai activities Zli,844 i34 136
Income from school bcci. sale.
income!rom
iiinches		 150,710 I Qi
i tdg
Income
fron&
ui&ifom& sales
2 iu3Q
!'n7		 2 243,168
Total i!1co!11ii19resources ,244,
I
Resources expended
Charitable
activities
Staff costs
— ' gauss 8 Salanes		 1 lC-
OJ' 4		 1 484,998
Staff costs
—Employe!'s
NIC		 133,010 133,86G
Staff costs
—Pension costs		 221 789i 209,559
Operating
leases
—Othe! assets
Establishment
- Rates 8Water		 8,523 16,414
E tablishment
- Lioht 8 heat		 37426 41.644
Esiabiishmer,
t - Pepairs 8 maintenance		 ii i04 56,002
Estat&lisiiment
Insui ance		 '& 34!& &5 &co
E tabiishmeni
- Oiher		 3in5 5,013
Depreciation iZ2,219 109 OOG
Teaching co ts —Bursar!as and scholarships 12,071 17,300
Teachslg costs
Othei costs		 44,4 u
Teaching costs - Exfra-curricula! activities costs 64,918 25 145
Teaching costs - Administration other costs 817 1,138
Teaching
costs - Bad debt provision		 3,990 -9,433
!yelfare
- Catering
consumai&les		 8 LTO's 71,654 51 17G
Premises
- Cleaning
- other		 costs 90457 81,992
Support
—Interest
payable
Support
- Administration
- Sundry		 costs 78,258 55,639
Support-
Donations
2,456,414 2,334,952
Governance
costs
Accountancy
fees		 6,948 4,548
Audit fees 6,820 6,700
Other financial costs 23,405 31,376
37,173 42,624
Total resources
expended		 2,493,587 2,377,576
Net incoming
I (outgoing)		 resources for the year 138,050 (133,255)

2022 2021
6
Charitable
activities
Teaching costs
Activities
undertaken
directly
Staff costs
—Wages 8 Salaries		 1,105,892 1,134,143
Staff costs - Employer's
NIC		 98,640 101,076
Staff costs
—Pension costs		 187,021 179,110
Operating
leases
- Other assets
Establishment
—Light 8 heat		 33,683 37,480
Esfablishment
- Repairs 8 maintenance		 17,547 12,767
Establishment
- Insurance		 8,683 5,133
Depreciation 7,092 4,950
Teaching costs
—Sursanes
and		 scholarships 12,071 1i,300
Teachiilg costs
—Other costs		 44 453 302i3
I ea'
' 'lllg Lusts
—Est!a-cLIIIIcLIIBI		 actll'Ilies costs Gai 9IB 2, I45
Teaching costs
—Administration		 other costs 817 1,138
Teachino costs - Sad debt piovision = goO -9.433
1),584,807 1,539 082
Welfare costs - Activities
undertal',		 en directly
Statl
oats
—W!ages
'-' Salallss		 65 720 64.508
Staif costs
—Einployer's
NIC		 5,491 5,338
Stafi costs
—Pension costs
Establish!neo
- R
f airs 8 IBBlntenBIlce		 1,957
".270		 9L7
5,098
Establishment
—Insurance		 1,981 1,958
L!I!Bffare —t.'atenng
consumables		 8 LTO's 71 654 51,176
150,57' 130,031
Premises costs - Activities
undertaken		 directly
Staff costs
—Wages 8 Salanes		 64,133 61,848
Staff costs
Einployer's
NIC		 5 232 4,888
Staff coals
—Pension costs		 2,448 2,390
Establishment
- Rates 8Water		 8 523 16414
Estahl!shment
- Rr.pairs 8 maintenance		 35 gnG 267 9
Establishment
- Insurance		 13867 13,702
Depieciation 'i09,4, 7 98,199
Premises
- Cleaning
—other costs		 90,457 81,992
330043 306,178
Support costs
- Activities
undertaken		 directly
Staff costs - Wages 8 Salaries 223,739 224,499
Staff costs —Employer's
NIC		 23,647 22,564
Staff costs
—Pension costs		 30,363 26,100
Operating
leases
—Other assets
Establishment
- Light 8 heat		 3,743 4,164
Establishment
—Repairs 8 maintenance		 13,981 11,398
Establishment
- Insurance		 7,815 4,427
Estabhshment
—Other		 3,795 5,013
Depreciation 5,650 5,857
Support
- Interest payable
Support
- Administration
- Sundry		 costs 78,258 55,639
Support-
Donations
390,991 359,661
2,456,414 2,334,952