# ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Unrestricted|Restricted|Endowed|Total|Total| |---|---|---|---|---|---|---|---|---|---| ||||||Funds|Funds|Funds|Funds|Funds| |||||||||2023|2022| |||||Notes|6'000|6'000|8'000|6'000|8000| |Income and endowments||from:|||||||| |Charitable
Activities|||||||||| |School fees (net)|||||25,370|||25,370|24,123| |Other educational
income|||||2,100|||2,100|1,261| |Other activities|||||29|||29|22| |Voluntary
sources|||||||||| |Grants and Donations||||||444||449|393| |Investments|||||||||| |Investment
income|||||221|184||405|546| |Bank and other interest|||||56|1||57|5| |Other trading
activities|||||||||| |Non-ancillary
trading|income||||324|||324|279| |Total income|||||28,105|629||28,734|26,629| |Expenditure
on:|||||||||| |Raising funds|||||||||| |Non-ancillary
trading|||||273|||273|251| |Fundraising
and Development|||||180|74||254|277| |Financing
costs under|Advance||Fee||||||| |Contracts|||||197|||197|191| |Finance costs|||||17|||17|32| |Bank and Mortgage
interest|||||131|||131|96| |Investment
Management||Fees|||61|||61|63| |Total deductible
costs|||||859|74||933|910| |Charitable
activities|||||||||| |Education
and grant making|||||26,003|154||26,157|23,526| |Total expenditure|||||26,862|228||27,090|24,436| |Net incoming
funds from operations|||||||||| |before transfers
and investment|||||||||| |loses|||||1,243|401||1,644|2,193| |Investment
(losses)|||||(107)|(94)|(250)|(451)|(895)| |Transfer
between
funds||||17|81|(81)|||| |Net income and capital|inflow||||1,217|226|(250)|1,193|1,298| |Fund balances at 1 August||2022|||33,959|2,671|8,216|44,846|43,548| |FUND BALANCES at 31July 2023||||14|35,176|2,897|7,966|46,039|44,846| ## ## |||||Group|Group|Foundation|Foundation| |---|---|---|---|---|---|---|---| ||||Notes|2023|2022|2023|2022| |||||8'000|6'000|8'000|8'000| |FIXED ASSETS|||||||| |Tangible
fixed assets|||7|32,096|32,723|32,089|32,712| |Investments|||8|13,343|13,771|13,343|13,771| |||||45,439|46,494|45,432|46,483| |CURRENT ASSETS|||||||| |Stocks||||164|124|25|28| |Debtors payable
within|one|year||1,137|1,029|1,218|1,118| |Cash||||12,654|10,963|12,639|10,919| |||||13,955|12,116|13,882|12,065| |CREDITORS: payable|within
one year||10|(11,448)|(11,161)|(11,378)|(11,109)| |NET CURRENT ASSETS||||2,507|955|2,504|956| |TOTAL ASSETS LESS|CURRENT LIABILITIES|||47,946|47,449|47,936|47,439| |CREDITORS: due after|more than one year||||||| |Advance fees|||12|(607)|(865)|(607)|(865)| |Loans|||11|(1,300)|(1,738)|(1,300)|(1,738)| |TOTAL NET ASSETS|||14|46,039|44,846|46,029|44,836| |FUNDS|||||||| |PERMANENT
ENDOWED FUNDS|||15|4,059|4,187|4,059|4,187| |EXPENDABLE ENDOWED||FUNDS|16|3,907|4,029|3,907|4,029| |RESTRICTED FUNDS|||17|2,897|2,671|2,897|2,671| |UNRESTRICTED FUNDS|||18|35,176|33,959|35,166|33,949| |||||46,039|44,846|46,029|44,836| ## |||||||||2023|2022| |---|---|---|---|---|---|---|---|---|---| |||||||Notes||8'000|8'000| |CASH FLOWS FROM OPERATING|||ACTIVITIES:||||||| |Net cash|provided
by operating
activities|||||23||2,571|2,994| |CASH FLOWS FROM INVESTING ACTIVITIES|||||||||| |Investment|income receipts||||||433||334| |Bank interest
received|||||||57||5| |Purchase|of tangible
fixed|assets|||||(820)||(177)| |Purchase|of investments||||||||(1,695)| |Net cash|(used)/provided|by investing
activities||||||(330)|(1,533)| |CASH FLOWS FROM FINANCING|||ACTIVITIES:||||||| |Repayments
of loans and||mortgage|borrowings||||(550)||(1,427)| |Net cash|(used) financing|activities||||||(550)|(1,427)| |Change
in|cash and cash|equivalents|in the|reporting|period|||1,691|34| |Cash and|cash equivalents|at the beginning||of the period||||10,963|10,929| |Cash and|cash equivalents|at the end of the||reporting|period|||12,654|10,963| ## ## # ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |ed
assets
preciation|down
to t
rates are:|heir
estimated
residual
value
over
their
esti|mated
useful
lives.
The| |---|---|---|---| ||||Per Annum| |Freehold|land||Nil| |Freehold|buildings
off|site rebuild cost used for depreciation|2%| |Freehold|buildings
on|site new build cost used|2%| |Freehold|buildings
on|site total refurbishment|7 —20 years| |Buildings
Plant and|on leasehold
machinery|land|Length oflease
10-20%| |Fixtures,|fittings
and equipment||7 —34%| ## ## ## ## ## ## ## # ## ## |2.|SCHOOL FEES|SCHOOL FEES||||||||||2023|2022| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||8'000|8'000| ||Fees receivable||consist||||of:||||||| ||Schoolfees|||||||||||27,346|25,804| ||Less: scholarships,||||bursaries|||and allowances||||(2,130)|(1,838)| |||||||||||||25,216|23,966| ||Add back: Bursaries||||and||other awards||paid|by restricted|funds|154|157| |||||||||||||25,370|24,123| |3.|CHARITABLE|ACTIVITIES||||-|OTHER INCOME|||||2023|2022| |||||||||||||8'000|8000| ||Other educational|||charitable||||activities|||||| ||Entrance|and registration|||||fees|||||102|70| ||Recharge|extra-curricular|||||activities|||||844|329| ||Pupil welfare|||||||||||44|3| ||Courses|and sub-lettings||||||||||744|649| ||Summer|School||||||||||366|210| |||||||||||||2,100|1,261| ||Other activities||||||||||||| ||School fees refund|||scheme commissions||||||||1|8| ||Other|||||||||||28|14| |||||||||||||29|22| |4.|GRANTS AND DONATIONS||||||RECEIVABLE||||||| ||2023|||||||||UNRESTRICTED||RESTRICTED|TOTAL| |||||||||||8'000||8'000|8'000| ||Donations||||||||||3|444|447| ||Legacies||||||||||2||2| ||||||||||||5|444|449| ||2022|||||||||UNRES TRICTED||RESTRICTED|TOTAL| |||||||||||6'000||6'000|6'000| ||Donations||||||||||4|326|330| ||Donations|for bursaries||||re Wes/ey Scholars||||||34|34| ||Legacies||||||||||25||15| ||Furlough
grant||||||||||4||4| ||||||||||||33|360|393| |5.|OTHER TRADING ACTIVITIES||||||||||||| ||Trading|income||||||||||2023|2022| |||||||||||||8'000|8000| ||Leys Enterprises||(Cambridge)|||||Ltd||||324|279| ## |6.
ANALYSIS OF EXPENDITURE|6.
ANALYSIS OF EXPENDITURE||||| |---|---|---|---|---|---| |2023||Staff|Other|Depreciation|Total| |||Costs|costs||| |||8'000|8'000|6'000|8'000| |Costs of raising funds:|||||| |Non-ancillary
trading||73|195||273| |Fundraising
and Development||134|120||254| |Financing
costs under advance fee|||||| |contracts|||197||197| |Financing
costs|||17||17| |Bank and mortgage
interest|||131||131| |Investment
managers|charge||61||61| |Total costs of raising|funds|207|721||933| |Charitable
activities:|||||| |Education
and grant|making||||| |Teaching||11,817|2,102|230|14,149| |Welfare||1,264|2,316|70|3,650| |Premises||1,014|2,527|1,142|4,683| |Support costs and governance||2,172|1,229||3,401| |Schools' operating
costs||16,267|8,174|1,442|25,883| |Grants,
awards
and prizes|||274||274| |Cost of charitable
activities||16,267|8,448|1,442|26,157| |Total expenditure||16,474|9,169|1,447|27,090| |2022||Staff|Other|Depreciation|Total| |||Costs|costs||| |||8000|8000|8000|8000| |Costs ofraising funds:|||||| |Trading costs||70|176||251| |Fundraising
for voluntary
resources||131|146||277| |Financing
costs under advance fee|||||| |contracts|||191||191| |Financing
costs|||32||32| |Bank and mortgage interest|||96||96| |Investment
managers|charge||63||63| |Total costs ofraising|funds|201|704||910| |Charitable
activities|||||| |Education
and grant|making||||| |Teaching||11,041|1,592|107|12,740| |Welfare||1,167|2,016|74|3,257| |Premises||915|2,235|1,137|4,287| |Support costs and governance||1,961|1,022||2,983| |Schools' operating
costs||15,084|6,865|1,318|23,267| |Grants,
awards and prizes|||259||259| |Cost ofcharitable
activities||15,084|7,124|1,318|23,526| |Total expenditure||15,285|7,828|1,323|24,436| ## ## |The|number
of higher
paid employees|was:|2023|2022| |---|---|---|---|---| ||Taxable emoluments
bands:||No.|No.| ||E 60,001 —E70,000||18|15| ||E 70,001 —E80,000||4|| ||E 80,001 —E90,000||1|| ||E 90,001 —f100,000||1|| ||6120,001 —f130,000|||| ||6130,001 —f140,000|||| ||6140,001 - 6150,000|||| ||6150,001 - 6180,000|||| ||6180,001 - 6190,000|||| ||||27|20| ## ## ## ## ## ## ## ## ## ## |pplied as follow|s:||||| |---|---|---|---|---|---| |||||2023|2022| |||||6'000|6'000| |After 5 years|||||| |Within 2 to 5 years||||193|328| |Within
1 to 2 years||||414|537| |||||607|865| |Within
1 year||||7,390|7,453| |||||7,997|8,318| |The movements||during the year were as follows:|||| |At 1 August 2022||||8,318|7,989| |New contracts|during the year|||7,397|7,509| |Amounts
accrued||to contracts||198|190| |Amounts
utilised||in payment|of fees to the school|(7,916)|(7,370)| |Balance at 31|July 2023|||7,997|8,318| ## ## |Group and Foundation|2023|2022| |---|---|---| ||8'000|8'000| |Within
one year|104|87| |Between one and five years|143|113| |Over five years|27|24| |2023|||||||| |---|---|---|---|---|---|---|---| ||||Fixed||Net Current|Long Term|| ||||Assets|Investments|Assets/(liabilities)|Liabilities|Total| ||||E'000|E'000|E'000|E'000|8'000| |Permanent|endowment|||3,934|125||4,059| |funds|||||||| |Expendable|endowed|funds||3,772|135||3,907| |Restricted|funds|||2,466|431||2,897| |Unrestricted|funds||32,096|2,571|1,809|(1,300)|35,176| ||||32,096|12,743|2,500|(1,300)|46,039| |Advance fees||||600||(607)|| ||||32,096|13,343|2,507|(1,907)|46,039| |2022|||||||| ||||Fixed||Net Current|Long Term|| ||||Assets|Investments|Assets/(liabilities)|Liabilities|Total| ||||E'000|E'000|E'000|E'000|E'000| |Permanent|endowment|||4,079|108||4187| |funds|||||||| |Expendable|endowed|funds||3,911|118||4,029| |Restricted|funds|||2,507|164||2,671| |Unrestricted|funds||32,723|2,422|552|(1,738)|33,959| ||||32,723|12,919|942|(1,738)|44,846| |Advance fees||||852|13|(865)|| ||||32,723|13,771|955|(2,603)|44,846| ## ## |2023|1|August|||Investment|31July| |---|---|---|---|---|---|---| |||2022|Income|Expenditure|Losses|2023| |||6'000|6'000|E'000|6'000|8'000| |Endowment||4,187|||(128)|4,059| |upport.
Only the|income
is|drawn
down
|which
helps f|und
Bursaries.||| |---|---|---|---|---|---|---| |2022||1 August|||Investment|31 July| |||2021|Income|Expenditure|Gains|2022| |||6'000|E'000|E'000|E'000|E'000| |Endowment||4,454|||(267)|4,187| |EXPENDABLE|ENDOWED|FUNDS||||| ||||||Transfers
and|| |2023||1 August|||Investment|31July| |||2022|Income|Expenditure|Losses|2023| |||6'000|E'000|E'000|E'000|8'000| |Scholarships||4,029|||(122)|3,907| |2022|1|August|||Investment|31 July| |---|---|---|---|---|---|---| |||2021|Income|Expenditure|Gains|2022| |||8'000|6'000|6'000|6'000|6'000| |Scholarship||4,285|||(256)|4,029| ## |17.|RESTRICTED FUNDS|RESTRICTED FUNDS|RESTRICTED FUNDS|RESTRICTED FUNDS|||||| |---|---|---|---|---|---|---|---|---|---| |||||||||Investment|| ||2023||||1 August|Income|Expenditure|Losses/|31July| ||||||2022|||Transfers|2023| ||||||8'000|6'000|6'000|6'000|8'000| ||Wesley scholars fund||||45||(33)||12| ||Scholarship||||38|115|(115)||38| ||Ollie Feast||||50||||50| ||Development|funds|||||||| ||Great Hall||||8||||8| ||Chapel
Centenary||fund||21||||21| ||The gift of education|||(bursary)|1,820|326||(94)|2,052| ||Bursaries (various)||||137|13|(6)||144| ||Prize funds||||63||||63| ||Boat house|redevelopment|||17||||17| ||Vision studio||||114|||(40)|74| ||Other||||134|64||(41)|157| ||Community|fund|||224|111|(74)||261| ||||||2,671|629|(228)|(175)|2,897| |2022||||1 August||||31 July| |---|---|---|---|---|---|---|---|---| |||||2021|Income|Expenditure|Transfers|2022| |||||8'000|6'000|6'000|6'000|6'000| |Wesley scholars fund||||43|34|(32)||45| |Scholarship||||38|98|(98)||38| |Ollie Feast||||50||||50| |Development|funds|||||||| |Great Hall||||8||||8| |Chapel
Centenary||fund||21||||21| |The gift of education|||(bursary)|1,620|351|(1)|(150)|1,820| |Bursaries (various)||||158|5|(26)||137| |Prize funds||||62|1|||63| |Boat house|redevelopment|||17||||17| |Vision studio||||54|114||(54)|114| |Other||||123|11|||134| |Community|Fund|||200|106|(82)||224| |||||2,394|720|(239)|(204)|2,671| ## ## ||||||||Transfers/|Transfers/||| |---|---|---|---|---|---|---|---|---|---|---| |2023||1 August||Income||Expenditure|Investment||31July|| |||2022|||||Losses|||2023| |||E'000||E'000||E'000|E'000|||8'000| |Designated
funds||||||||||| |Gift of education||1,064||||||||1,066| |Funds for hardship|bursaries|313||115||||||428| |Unrestricted
funds||32,582||27,988||(26,862)||(26)||33,682| |Total Unrestricted|Funds|33,959|28,105|||(26,862)||(26)||35,176| |The gift of education|is expected|to be fully
utilised||within|10|years,
and the funds||for helping||parents| |impacted
by the current economic||situation
(hardship||bursaries)||is expected to be fully||utilised|within 3-5|| |years.||||||||||| |2022||||||Transfers/|| |---|---|---|---|---|---|---|---| ||||1 August|Income|Expenditure|Investment|31July| ||||2021|||Gains|2022| ||||8'000|8'000|8'000|E'000|6'000| |Designated|funds||||||| |Gift ofeducation|||1,039|25|||1,064| |Funds for COVID-19 /hardship|||||||| |bursa ries|||223|90|||313| |Unrestricted|funds||31,153|25,897|(24,300)|(168)|32,582| |Total unrestricted||funds|32,415|26,012|(24,300)|(168)|33,959| ## ## ## ## ## ## ## ## ## |||||2023|2022| |---|---|---|---|---|---| |||||8'000|6'000| |Net income|for the|reporting
period||1,644|2193| |(as per the|statement
of financial||activities)||| |Adjustments|for||||| |Depreciation
charge||||1,447|1,323| |Investment|income|and interest||(462)|(551)| |Investment|managers
fees|||61|63| |(Increase)|in stocks|||(40)|(5)| |(Increase)|in debtors|||(108)|(412)| |Increase/(decrease)||in creditors||270|(135)| |(excluding|advance|fee movement)|||| |(Decrease)/increase||in fees in advance scheme||(321)|329| |creditors|||||| |Increase/(decrease)||in parent deposits||80|189| |Net cash provided||by The Group's|operating||| |activities||||2,571|2,994| ## ||||||||Group|Group|Foundation|Foundation| |---|---|---|---|---|---|---|---|---|---|---| ||||||||2023|2022|2023|2022| ||||||||8'000|8'000|8'000|8'000| |Financial|assets measured||at|amortised|cost (a)||13,443|11,621|13,511|11,668| |Financial|assets measured||at|fair value|(b)||13,343|13,559|13,343|13,559| |Financial|liabilities|measured||at amortised||cost (c)|(3,202)|(3,042)|(3,143)|(3,000)| |Net financial
assets||measured||at amortised||cost|23,584|22,138|23,711|22,227| ## ## |Year ended 31July 2022|Year ended 31July 2022|||Unrestricted|Restricted|Endowed|Total| |---|---|---|---|---|---|---|---| |||||Funds|Funds|Funds|Funds| ||||||||2022| ||||||8'000|8'000|8'000| |Income and endowments|from||||||| |Charitable
Activities|||||||| |School fees (net)||||24,123|||24,123| |Other educational
income||||1,261|||1,261| |Other ancillary
activities||||22|||22| |Voluntary
sources|||||||| |Donations||||33|360||393| |Investments|||||||| |Investment
income||||187|359||546| |Bank and other interest||||4|1||5| |Other trading
activities|||||||| |Non-ancillary
trading|income|||279|||279| |Total income||||25,909|720||26,629| |Expenditure
on|||||||| |Raising funds|||||||| |Non-ancillary
trading||||251|||251| |Fund-raising
for voluntary||resources||195|82||277| |Financing
costs under|Advance||Fee||||| |Contracts||||191|||191| |Finance costs||||32|||32| |Bank and Mortgage
interest||||96|||96| |Investment
Management||Fees||63|||63| |Total deductible
costs||||828|82||910| |Charitable
Activities|||||||| |Schools and grant making||||23,369|157||23,526| |Total expenditure||||24,197|239||24,436| |NET INCOME||||1,712|481||2,193| |Investment
gains||||(222)|(150)|(523)|(895)| |Transfers
between
funds||||54|(54)||| |NET MOVEMENT
IN FUNDS||||1,544|277|(523)|1,298| |Fund balances at 1 August||2021||32,415|2,394|8,739|43,548| |FUND BALANCES at 31July 2022||||33,959|2,671|8,216|44,846| ## ## ## |The Foundation
owns the whole ofthe share capital of a|The Foundation
owns the whole ofthe share capital of a|The Foundation
owns the whole ofthe share capital of a|The Foundation
owns the whole ofthe share capital of a|trading company|trading company|trading company|Leys Enterprises|(Cambridge)| |---|---|---|---|---|---|---|---|---| |Limited
company
number 2016905, with|||the Foundation||receiving|taxable surpluses||earned
by the| |company as a donation|under|gift aid.||||||| ||||||||2023|2022| ||||||||8'000|8'000| |BALANCE SHEET||||||||| |Tangible
fixed assets||||||||| |CURRENT ASSETS||||||||| |Stock|||||||139|96| |Debtors|||||||62|42| |Cash|||||||15|44| ||||||||216|182| |CREDITORS: amounts|falling|due within|one year||||(214)|(182)| |Net current
liabilities||||||||| |TOTAL NET ASSETS|||||||10|10| |CAPITAL AND RESERVES||||||||| |Called
up share capital||||||||| |Profit and loss account|||||||10|10| ||||||||10|10| |The Company
has E2 share capital which|||after rounding|to|the nearest||E1,000, becomes anil)|| |PROFIT AND LOSS ACCOUNT|||||||20223|2022| ||||||||8'000|8'000| |Turnover|||||||324|278| |Cost of Sales|||||||(249)|(229)| |Gross profit|||||||75|49| |Administration|||||||(24)|(22)| |Net profit|||||||51|27| |Donation
to Parent under gift||aid|||||(51)|(27)| |Retained
profit for period||||||||| ## ## ## ## ## ## ## ## ## ## ## ##