Registered Number: 04479890 IEngland and Wales)
Registered Charity Number.. 1145113
DOLPHIN SCHOOL TRUST
AUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2022
Prepared Bv..
KWSR & Co
Chartered Accountants & Registered Auditors
136 Merton High Street. London SW19 IBA

Dolphin khool Trust
ALNJrtEd Finanual statemen￿fOr rho ￿ar ￿dett31 Aueust2022
Contents
GOVERNORS, REPORT....................................................................................................................................
ACHIEVEMENT AND PERFORMANCE..............................................................................................................
INDEPENDENT AUDrtORS REPORTTO THE MEMBERS OF DOLPHIN SCHOOL TRUST..................................... li
STATEMENT OF FINANCIAL AcnviTIES.........................................................................................................
BALAf4CE SMEET............................................................................................................................................ 14
CASM FLOW STATEMEpif._...-.----.-......--...-...-_---.-_--.-.-.-...--....----...-......-...-..-............. 16
NOTES TO THE FINANCIAL STATEMENTS...........-.......................................................................................... 17
DETAILED 5TATEmETr￿ OF FINANCIALACTivfnE&........................................................................................ 23

Dolphin School Trust
Audrted F1rnaThi*Stat￿nts1ortke￿aTtsid￿d 3IA4ust2022
GOVERNORS, REPORT FOR THE YEAR ENDED 31 AUGUST 2022
The Board of Governors present their annual report forthe year ended 31 Au8USt 2022 under
the Companies Act 2006 and Charities Act 2011, together with the audited financial
statements for the year. As Trustees of The Dolphin School Trust, the Governors have
adopted the provisions of the Statement of Recommended Prartice ISORPI 'Accounting and
Reporting by Charities, issued in March 2015.
REFERENCE & ADMINISTRATIVE INFORMATION
The Dolphin School Trust is a charitable company founded in 1986, with the liability
of it5 members limited to £1 each by guarantee.
Reglstered company number:
04479890 (England and Wales)
Registered charity number:
1145113
Registered office:
106 Northcote Road, London SWII 6QW
Governors
The Governors of Dolphin School Trust, who are also the Charity Trustees and the Directors
of the Company, who served during the yearand Subsequently are..
S Gates* Chair
G Corera
M Goldschmeid
P van der Vliet
J Watling. Iresigned 2410612022}
P Dennemont
J Savile (appointed 01109120221
J Hopkins lappointed 10103120231
* Member of the Finance Committee
Officers and ProfesSiTonalAdvisers
The Headmaster:
S Gosden
The Bursar..
L Lonsdale
Bankers..
Natwest Bank Plc. 280 Bishopsgate. London, EC2M 4RB
KWSR & Co., 136 Merton High Street. London, SW19 IBA
Auditor..

t)olphin khool Trust
AuditÈd Finan0￿SId￿mentsforthe year ￿￿e￿ 3LAy8U5t2022
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Company is governed by its Memorandum and Articles of Association, last amended on
4July 2002.
Governing Bodv
The Governors, who are required under the Articles to serve as D1￿CtOrS of the Company and
Trustees of the Charity, are elected at a full Governors. Meetin8 based on recommendations
to and discussion with existing Governors and the Headmaster. Prior to being appointed new
Governors are fully briefed on the responsibilities and duties of a School Governor. Governors
stand for a term of four year5 and are eligible to stand for re-election. Mrs Dennemont had
grandchildren at the school during the year under review.
Trustee training
Trustee training is provided for all Governors covering their duties as Governors, Trustees
and Directors.
OrgonisQtionol management
The Governors meet as a full Board each term to determine the general policy of the
charitable company and review it5 overall management and control, for which they are
legally responsible. The Board is sÈrved by several sub-committees responsible for il Finance
and Property ill Safeguardin& Educations, Ethos and Compliance, and iiil Governance and
Nominations. The Finance & Property Committee. chaired by Mr5 van dervliet. meets before
the full Board meeting to review the financial performance of the school.
The day to day running of the school is delegated to the headmaster who is supported by the
Senior Team and together this group are the key management personnel and report to the
Governors in their respective areas of education. safeguarding. pastoral support, finance.
legal matters. HR, subsidised fees and property issues to ensure the smooth running of the
school.
Remuneration of the Headmaster is set by the Board, in a fair and responsible manner. The
appropriateness and relevance of the remuneration policy is reviewed annually including
reference to comparisons with other independent schools to ensure that Dolphin School
remains sensitive to the broader issues of pay and employment conditions elsewhere.
Delivery of the Companrfs charitable vision and purpose is primarily dependent on our key
personnel, and as staff members are our greatest resource, staffing costs are the largest
single element of our charitable expenditure.
Group Relotionships
Dolphin School Trust is a member of ISA for the promotion and maintenance of preparatory
school standards Eenerally.

Dolphin School Trust
Audired ￿n)n0)Is￿￿V￿n￿f0rth￿rof jIA￿U$r2022
We are committed to ourlocal community in London. We supported our local Foodbank with
our harvest donations. We also supported the work of Macmillan Cancer Support and
Centrepoint.
Principal Ri5k5 and Uncertainties
The Governors review the school's current and planned future activitie5 in the light of any
major risk5 arising from time to time and the effectiveness of systems and procedures
designed to manage them. The principal risks and uncertainties currently facing the Company
2fe considered to remain the possible impact on pupil numbers as State schools are
undersubscribed, the increasing competition for high-quality teaching and other staff.
continuing impact f rom high inflation and severe reputational damage in the unlikely event
of a high-profile legal action alleginE lack of due care over our pupils as vulnerable
beneficiaries. Our plans and strategies for managing risk include maintaining effective
internal controls. risk registers, incident-reporting and monitoring systems and insurance
cover wherever appropriate.
OBJECTS. PUBLIC BENEFIT AIMS, OBJEcfivES AND PRINCIPAL ACTIVITIES
The Object of the Charitable Company is the advancement of education in the United
Kingdom and elsewhere with a view to providing a sound Christian and moral basis for all
pupils. In furthering this Objett. the Governors. as the charity trustees. have complied with
the duty in 5.17151 of the Charities Act 2011 to have due regard to the Charity Commission's
published guidance concernin8 the operation of the Public Benefit requirement under that
Act.
Strategic Aim ond Intended EIAert
The Board's strate8ic aim to reach its objertive for the public benefit as a charitable
Independent School is the attainment of the highest academic levels consistent with our non-
selective admissions policy and to help lower-irbcome families to benefit from our fee-based
schooling, whilst allowing all pupils to benefit from our extra-curricular programme. This 15
intended to draw out their abilities and academic potential. awaken and develop wider
interest in life for eventual participation in civil society and motivate them for a successful
outcome both at their chosen senior school and in life.
Objertlves
To achieve the objectives, the Trust operates one primary school from its principal office
location and two pre-school age nursery schools.
The school aim5 to provide a caring Christian environment with dynamic academit provision
to children of all ages with a broad range of ability so that their needs can be met and their
talents developed. These objectives are pursued by creating an environment where all are
welcome, and this is supported by a high level of pastoral care.
Principol ortivity and income sources
The Trust's principal activity continues to be the provision of a Day School for S- to 11-year-
old children and of two pre-school age nurseries. The principal source of income is from
school fee5.

Dolphin School Trust
Audit￿ SIn￿o￿LSt3￿Menl5fOrthe￿ 31A￿USt 2022
Public Benefit, grant-makinq. and oecess-widening
The Trustees are satisfied that the school's aims are charitable, and they have 3150 considered
the Charity Commi55ion's general guidance on public benefit.
The school has for many years provided up to IO% of total fees in bursaries to allow children
from lower income families to benefit from an education at the school. The school has a
Christian foundation, and the Trustees consider that SUPPOrt for low-income familles is 3
positive part of the School's duty.
The school also seeks to keep School fees as low as it Possibly can so that the school remain5
accessible to the widest section of the community P055ible. School fee5 at Dolphin School
are up to 25% lower than the average school fees of local independent primary schools. The
Governors are keen to promote a broad social and ethnic mix.
Dolphin School continues to h05t a football tournament for local schools that happen5 twice
a year and does this despite not having its own sports pitches.
The school is involved in charitable fund-raising each year, 5UPPOrting 3 variety of causes and
organisation5 Wlth local and international focus.
The school was pleased to support Macmillan Cancer Support. Centre Point and to donated
food to the Wandsworth Foodbank through our Haryest Assembly in October. The nursery
schools all supported charities through a variety of activities, and these typically were for the
benefit of children and the elderly.
Volunteer5
The Parents of Dolphin, known as The POD., helped with the school's fundraising and cultural
activiries during the year, and the Board would like to take this opportunity to say how much
we appreciate their continuing and valuable support for our work.
REVIEW OF ACHIEVEMENTS AND PERFORMANCE FOR THE YEAR
Operational performonce OA the School
We strive to offer an excellent education to children of all abilities, focusing on the strengths,
interests. and character of each child in our care. We aim to personalise learning, particularly
in the fotsndation subjects of Maths and English. We are a mixed ability school with non-
selective entry at Reception, but pupils, academic achievement remains high. Dolphin leaver5
thi5 year headed to a variety of selective schools including Dulwich College. King's
Wimbledon, Alleyn's, Emanuel and James Allen Girls with pupils being awarded scholarships
for academic, sPOrtin& musical, art15tic. and dramatic prowess.
Our individualised approach extends right across the curriculum and into the key area of
children's character development. Our annual theme each year injects dynamism into school
life. In 2021-22 our theme was Celebration and Joy.
The Christian foundation of the school remains the bedrock of daily life, with our weekly
Christian assemblies very well attended by parents and extended family members. We
continue to build community in our own school through the weekly prayer meeting hosted

Dolphin School Trust
Audrt￿ Fihanoal Ststementsfor the 31 Au8kntst 2022
by the Senior Team and attended by Dolphin parents. We returned to in person 355emblies
with parents attending each Friday.
The important home-school partnership is fostered through many school events including
concerts, productions. Family Night and Grandparents, Tea. We hosted a well-attended IT
and e-5afety evening for parents and information sessions for parents about reading and
phonics. and mathematics.
We serve our local community of schools by hosting a football toumament twice a year for
local schools. Weekly fixtures are played in sport5 such as football, touch rugby, hockey,
netball, rounders and cricket and we now hire dedicated local pitches. a5 well as a local
netball court and astro turf pitch. Our coaching is detailed and profe55i0nal. and our results
are excellent. Sporting potential is identified and nurtured.
There has been a similar level of activity in the Arts, with Dolphin pupils performing in whole-
school dramatic productions as well as instrumental and choir concert5, Wlth the Easter
Concert a particular focus. Twice yearly DT (Design & Technology) days in the Upper School
added an opportunity for pupils to be both inspired by guest speakers and to immerse
themselves in various creative projects. Our Year 6 pupi15 took part in the professional
production of The Life of Christ run by the Bible Society on the Wintershall Estate and they
ended the year on a high by leading the whole school to perform Jungle 8ook, the musical.
Numbers of children learning musical instruments has increased this year, with lessons
undertaken on a wider range of instruments and greater numbers of young fflu5icians taking
part in concerts and recitals.
The school's continued investment in IT enables childrerb to make full use of a suite of chrome
books. This is Particularly important as the majority of independent secondary schools have
moved their entrance exams online. Dolphin School children are able to practice these tests
regularly on School provided IT devices.
Residential trips for years 4, 5 and 6 were able to go ahead once again in 2022. Other years
benefited from Day trip5 to London Zoo and various other exciting places. Bursary support is
always offered to those who might struggle financially to pay for trips.
We also invited Speakers, ranging from 'Florence Nightingale,. Natalie Costa speaking to the
upper years on "power thought5" to an ornithologist specialising in owls. We regularly work
with the local authority and other providers to enhance pupils. life skills. such as TFL and
using the underground or bus network and local streets safelv.
Co-curricular clubs include a range of sports and art-based activities, and private tuition is
offered in a range of musical instruments.
During 2021122 we introduced early drop off option for parents, allowing them to drop off
children from age 3 at 8am. We also introduced our own in-house after school care running
up to 6pm for those parents wishin8 to acces5 this, with. In 2021/22 we introduced hot school
lunches for all pupils from Reception to Year 6. This was a huge success. allowing all children
to access a freshly prepared healthy. organic lunch Monday to Friday.
We created a lower and upper school library enablin8 children to access this space to read,
select new books to take home and foster a life-long love of reading. We are very grateful to

t)olphin School Trust
Audited FitWxialStsten￿tsfarthts￿ar eAthd alA￿￿rtIo2?
our volunteer librarian for maintaining the library so it is an inspirational space for the
children.
Fundraising performance
The Dolphin School Trust relies primarily on school fees to finance its charitable aim5. In June
2022 we hosted a fundraising concert, and celebrated 25 ye3rs of service by our Director of
Ethos, Janet Clark. The concert was a huge succes5 Wlth money raised going towards our
bursaryfund.
FINANCIAL REVIEW AND RESULTS FOR THE YEAR
As with other independent schools based in London. we experienced a f211 in pupils numbers
both during and after the COVID pandemic. We were able to retain our excellent teachers
and staff and absorb these costs as a result of holding adequate reserves. The deficit for 2022
totalled £326,788. We finished the year with Unrestricted funds of £1.506.135 and cash
balance of E741,681.
The Board has established a policy whereby sufficient reserves not restricted, committed. or
designated be carried to support resources expended at a level enabling the continuation of
the current activities of the Charrty in the event of a significant drop in School fees and related
income.
Investment poliry and objertives
The Governors maintain the policy to put all available retained funds. other than those
required for day-ttrday cash management. into the higher-yielding Direct ReseNe account.
The results for the year and financial position of the Charity are as shown in the annexed
financial statements.
FUTURE PLANS
Having moved one of our nursery schools onsite in 2021 we have successfully expanded the
number attendirbg this nursery during 2021122. We will continue to expand our nursery
provision in 22123 both in numbers attending and hours of attendance by providing early
drop off. afternoon sessions and after school care from.
We continue to invest in IT and STEM resource5. ensuring children have acce55 to touch
screen chromebooks, ipads and smart screens in all classrooms. We will continL*e with our
refurbishment and modernisation plan for all classrooms With write on cupboards, desks and
integrated smart screens.
Other key objectives for the future include continuing to develop the curriculum and further
enhancing our outdoor teaching and learning locally and in London. We are seeking to expand
our parent talks on matters to include nutrition, sleep, positive mental health and confidence,
and a speech & language therapist advice session and more.

Dolphin School Trust
AuthTEd FinanoalStstetnEnt51cKthe ￿arenthd 31 A￿U&l2022
RELEVANT AUDIT INFORMATION
Insofar as each of the Directors. as members of the Governing Body. at the date of approval
of this report is aware. there is no relevant audit information linformation needed by the
Companvs auditor in connection with preparing the audit report) of which the Company's
auditor is unaware. Each member of the Governing Body has taken all the steps that he or
she should have taken as a member of the Governing Body to make him or herself aware of
the relevant audit information and to establish that the Company's auditor is aware of that
information.
th
Approved by the Board of Governors at its meeting on 10 March 2023 and signed on its
behalf by..
Sian Gates, Chair
19" May 2023

Dolphin School Trust
Authled Rnanoal StatsmentsfL¥ the wrÈnded31 Augist 20
STATEMENT OF GOVERNORS, RESPONSIBILITIE5
The Govemors {who are also the directors of Dolphin School Trust Ltd for the purposes of
company lawl are responsible for preparing the Governors, Report and the financial
statement5 in accordance with applicable law and United Kin8dom Accounting Standards
Iunited Kingdom Generally Accepted Accounting Practice).
Company law requires the Governors to prepare financial statements for each financial year.
Under company law the Governors must not approve the financial statements unless they
are satisfied that they give a true and fair view of the state of affairs of the charitable
company and of the incoming resources and application of resources, including the income
and expenditure, of the charitable cornpany for that period. In preparin8 these financial
statements. the Governors are required to
select the most suitable accountin8 policies and then apply them consistently.
observe the methods and principles set out in the Charity SORP.
make judgements and estimates that are reasonable and prudent.
state whether applicable UK accounting standards have been followed, subject to
any material departures disclosed and explained in the financial statement5; and
prepare the financial statements on a going concern basis unless it is inappropriate
to presume that the charitable company will continue in business.
The Governors are responsible for keeping proper accounting records that are sufficient to
show and explain the charitable company's transactions. disclose with reasonable accuracy
at any time the financial position of the charitable company and enable them to ensure that
the financial statements comply with the Companies Act 2006 and the provisions of the
charity's constitution. They are also responsible for safeguarding the assets of the charitable
company and ensurin8 their proper application under tharity law and hence for taking
reasonable step5 for the prevention and detection of fraud and other irregularities.
io

Dolphin School Trust
AudrtÈd Fina￿￿ StatsMentsforthe￿ar JIAuiu5t 2022
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS AND TRUSTEES OF
DOLPHIN SCHOOL TRUST
We have audited the financial statements of Dolphin School Trust for the year ended 31
August 2022 which comprise a Statement of Financial Activities, Balance Sheet, Cash Flow
Statement, and related notes. The f inancial reporting framework that has been applicable
law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
Respective Responsibilities of the Governors and Auditors
The Governors as Trustees (who are also the directors of the charitable company for the
purpose of company lawl are responsible for preparation of the financial statements and for
being sat15fied that they give a true and fair view. Our responsibility is to audit and express
an opinion on the financi31 statements in accordance with applicable law and International
Standards on Auditing (UK & Irelandl. Those stsndards require us to comply with the Auditing
Prartices Board's Ethical Standard for Auditor5.
Scope of the Audit
An audit involve5 obtaining evidence about the number of disclosures in the financial
statements sufficient to give reasonable assurance that the financial statement5 are free
from material misstatement. whether caused by fraud or error. This includes an assessment
of whether the accounting policie5 are appropriate to the company'5 circumstances and have
been consistently applied and adequately disclosed,. the reasonableness of significant
accounting estimates made by the Governors; and the overall presentation of the financial
statements.
Opinion on the Financial Statements
In our opinion the financial statements:
give a true and fair view of the state of the compan￿$ profit or105s for the year ended
31 August 2022.
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice- and
have been prepared in accordance with the requirements of the Companies Act 2006
and the Charities Act 2011.
Opinlon on other matters prescribed by the Companie5 Act 2006
In our opinion the information given in the Trustees Report for the financial year for which
the financial statements are prepared is consistent with the financial statement5.
Matters on which we are required to report by exception
We have nothingto report in respectofthe followin8 matters wherethe Companies Act 2006
requires us to report to you if, in our opinion:
Adequate accounting records have not been kept,. or
li

Dolphin khool Trust
Audited Finantsa5tatrrnenr5forthe￿W JiA￿U5[ 2022
Certain disclosures of trustees, remuneration specified by law are not made,. or
We have not received all the information and explanations we require for audit,. or
The Trustees were not entitled to prepare the financial statements in accordance with
the 5m311 Companies regime and take advantage of the Small Companies Exemption in
preparing the Report of the Trustees.
On behalf of KWSR & Co.:
KWSR & CO LTD (Jun 28. 2Y)YJ.
11 05arnl
Susan Rahman, Bsc FCA (Senior Statutory Auditor)
KWSR & Co. Chartered Accountants & Re8iStered Auditors
136 Merton High Street.
London SW19 IBA
12

Dolphin School Trust
Audited Statefflem5for the en4W 31 Au8uSt 2022
Statement of Financial Activities
2022
Unrestrirted
Funds
2021
Unrestrirted
Funds
Notes
INCOMING RESOURCES
Incoming resources from generated funds
Activities for generating f unds
Investment income
15,411
2,988
90
Grant Income (Furlough)
Incomin8
artivities
39,684
260,189
resources
from
charitsble
School fee5
1,507.627
2,075,523
Total incoming resources
1,562,728
2,338,790
RESOURCES EXPENDED
Cost of generating funds
Charitable activities
1,877.547
2,135,415
Governance costs
11.969
12,279
Finance costs
Total resources expended
1,889.516
2.147,694
NET INCOMING RESOURCES
(326.788}
191,096
RECONCILIATION OF FUNDS
Total brought forward
TOTAL FUNDS CARRIED FORWARD
1,832,923
1,641,827
1.506,135
1,832,923
13

Dolphin School Trust
AUd￿d Fina￿￿ 5ts1ementsfty the￿ar 31 A￿U￿1 2022
Balance Sheet
2022
2021
Note5
FIXED AssErs
Intangible assets
io
1.419
Tangible assets
li
1.263,033
1,301,504
1,263,033
1,302.923
CURRENT ASSETS
Debtors (amounts falling due within one 12
vearl
Cash at bank and in hand
741,681
1,012,134
741.681
1.012,134
CREDITORS:
Amounts falling due wlthin one year
13
221686
NET CURRENT ASSETS/(LIA8IUTIES}
519,995
751,145
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,783,028
2.054,068
CREDITORS: Amounts falling due after
more than one year
14
276,893
221,145
NET ASSETS
1.506,135
1.832,923
CAPITAL AND RESERVES
Unrestricted Funds
15
1,506.135
1.832,923
TOTAL FUNDS
1,506,135
1,832,923
The director5 acknowledge their responsibilities for complying with the requirements of the
Act with respect to accounting records and the preparation of account5.
14

Dolphin School Trust
Awjited FH)•￿1￿l Sts*ments fortheyearended 31 Au4U5t 2022
These accounts have been prepared in accordance with the provisions applicable to
companies subject to small companies, regime.
Approved by the Board of Trustees on io th March 2023 and signed of their behalf
by:
Sian Gates, Chair
19th May 2023
15

Dolphin School Trust
Awkne(l Fsnano¥ Ststemenistorihe yearended31 Au8USt 2022
Cash Flow Statement
2022
2021
Net income/ {expenditurel for the year
Depreciation and impaiment of fixed
assets
1326,7881
191,096
44,799
52,590
IAcquisitionlof f ixed assets
{4.9091
Ilncreasel / decrease in debtors
Increase / Idecreasel in creditors
Net cash flow from operating activities
15,615
16,445
1172,4531
86.848
1270,453)
Net increase I Idecreasel in cash and
cash equivalents
270.4531
86.848
Cash and cash equivalents at the
beginning of the year
1.012,134
925,286
Cash and cash equivalents at the end of
the year
741.681
1,012,134
Cash and cash equivalents ￿nsist of:
Cash at bank and in hand
741,681
1.012,134
16

Dolphin School Trust
Audffed Finan0& Statenyntsfty the ￿ar 31 AIqu5t 20Z2
Notes to the Financial Statements
Accounting Policies
Accounting convention
The financial statements have been prepared under the historical c05t convention and
in accordance with the Financial Reporting Standard for Smaller Entries leffective
April 2￿81. the Companies Act 2006 and the requirements of Statement of
Recommended Practice. Accounting and Reporting by charities.
Incoming resources
All incoming resources are included on Statement of Financial Activities when the
charity is legally entitled to the income and the amount can be quantified with
reasonable accuracy.
School fees are recognised when they are due on termly basi5 and adjustments are
made to defer any fees paid in advance. Donations and other fund received by the
school are recognised when this event takes place.
Resources expended
Expenditure is accounted for on an accrual basis and has been classified under
headings that aggregate all cost related to the category. Where cost cannot be directly
attributed to he3dings they have been allocated to activities on a basis consistent with
the use of resources.
Goodwlll
Goodwill, being the amount paid in connection with the acquisition of a business in
2002, is being amortised evenly over the estimated useful life of twenty years.
Tangible fixed assets
Depreciation is provided at the following annual r3tes to write off each asset over the
estimated useful life.
Land and buildings
In accordance with the property lease12% reducing
balance)
Plant and machinery etc.
Furnitures & fittings
25% on reducing balance
15% on reducing balance
Taxation
The charity is exempt from corporation tax.
17

Dolphin School Trust
Audited Finèw￿ Siatementsfor the yeAr En¢bEd JIA￿U51 2022
Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the
discretion of the trustee5.
Restricted funds can be used for restricted purpose5 Wlth the objectives of the charity.
Restrictions arise when specified by the donor or when funds are raised for restrirted
purposes.
Designated funds are funds set aside by the trustees out of unrestrirted general funds
for specific future purposes or projerts.
Activities for generating f unds
2022
2021
Other income and fund raising
15,411
2,988
15,411
2,988
Investment Income
2022
2021
Interest receivable
90
Grant Income
2022
2021
Furlough Grant
39,684
260,189
18

Dolphin School Trust
Audrted Finant&al Staternentsforthepar￿d￿ 31 A￿U$r 2022
Incoming Sources f rom Charitable Activities
2022
2021
School Fees
1,507,627
2,075,523
Governance Costs
2022
2021
Audit and Accountancy
Bank Charges
Legal & Professional fees
10.800
10,815
1,019
988
150
476
11,969
12,279
Net Incoming/ (Outgoing) Resources
Net resources are stated after charging/lcreditingl-
2022
2021
Depreciation- owned asset5
43.380
48,387
Gi)odwill amortisation
1,419
5,175
Trustees. Remuneration and Benefits
There were no Trustees. remuneration or other benefits for the year ended 31 August
2022 nor forthe year ended 31 August 2021.
19

Dolphin School Trust
Audited Fina￿￿51alerntnrj forlhe*¥ 3IAwu511021
Staff Costs
2022
2021
Wages. salaries &
pensions
1,381.148
1,642,532
10. Intangible Fixed Assets
Goodwill
Cost
At I September 2021
103,494
Amortisation
At I September 2021
For the year
At 31 August 2022
Net Book Value
102.075
1,419
103,494
At 31 August 2021
1,419
At 31 August 2022
0.00
20

Dolphin School Trust
Audite(IFinanoa15rètew15 fUrthe￿arendEd 31 A￿ts$t 2022
11.
Tangible Fixed Assets
land &
Building5
Flxtures &
Fittings
Computer
Equipment
Total
Cost
At I September 2021
1.469.797
196,581
231.912
1,898,290
Additions
3,589
1.320
4,909
At 31 August 2022
1.469,797
2LI).170
233,232
1.903.199
Depreciation
At I September 2020
260.609
153.626
182.551
596.786
Charge for the year
24,184
6.607
12,589
43.380
At 31 August 2021
284.793
160,233
195.140
640,166
Net Book Value
At 31 August 2020
1,209,188
42.955
49,361
1,301,504
At 31 Aijgust 2021
1.185.(KJ4
39.937
38,092
1,263,033
12.
Debtors
202Z
2021
Amounts falling due withln one year
Trade debtors
21

Dolphin School Trust
Audited Fif%inoal StstÈ[nent5fwthe￿1 aided 31A4uSt 2022
13.
Creditors: Amounts falling due within one year
2022
2021
Taxation and social security
Other creditors
55,220
31,837
166,466
184,283
Acceptance deposits
44,869
221,686
260.989
14.
Creditors: Amounts falling due after more than
one year
2022
2021
Bank loans more than 5 years by instalments
Parental loans more than S years non-
instalment
Acceptance deposits
276,893
221,145
276.893
221.145
15.
Movement in funds
Brought
Forward
Incoming
resources
Outgoing
resources
Carried
forward
2021
2022
Unrestricted funds
1,832,923
1.562,728
1.889.516 1,506,135
22

Dolphin School Trust
Audited *I￿al5rarerneDtsforthÈP￿T*￿ jIA￿urt￿o2l
Detailed Statement of Financial Activities
2022
2021
INCOMING RESOURCES
Activities for genefating funds
Other income and fund raising
15,411
2,988
15,411
2,988
Investment income
90
Grant Income (Furlou8h)
Incoming resources from charitable artivities
School fees
39.684
260,189
1,507,627
2,075,523
Total incoming resources
1,562,728
2,388,790
23

Dolphin School Trust
Audrted ￿Than031 Ststemetttsforthe Year ended31A￿¥s1 2022
RESOURCES EXPENDED
2022
2021
Charitable activities
Salarie5 and wages
Class books, materials & activities
1,381,148
1,642.532
47,181
42,555
Staff costs
34,135
56,316
Office costs
12,607
18,238
Property costs
299,084
271,830
Marketin
21,173
9,561
IT Expenses
37.190
40,764
Donations
230
57
Amortisation of purchased goodwill
Depreciation of short leasehold properties
Depreciation of fixtures and fittings & computer
equipment
1,419
5,175
24,184
24,677
19.196
23,710
1,877.547
2.135,415
GovernancÈ costs
Audit & accountancy
Barik charges
Legal & professional fees
10.800
10,815
1,019
988
150
476
11.969
12,279
Finance costs
Loan interest
Total resources expended
1.889.516
2,147,694
24