2023-08-31-accounts

	Page
Companyinformation	1-2
Directors'report(incorporatingtheStrategicReport)	3-14
Independentauditor'sreport	15-18
Statementoffinancialactivities	19
BalanceSheet	20
NotestothefinancialstatementsoftheCompany	21-33

DirectorsandTrustees	MrMRSlumbers(Chairman)
	MrsA-MEdgell(resigned23June2023)
	MrRWCrawfordClarke(appointed1September
	2023)
Secretary	MrsHBetts
CharityNo.	1155150
CompanyNo.	08808550
PrincipalAddress	BroadwaterRoad
	Worthing
	WestSussex
	BN148HU
RegisteredOffice	LancingCollege
	Lancing
	WestSussex
	BN150RW
Head	MrsHeatherBeeby(resigned31August2023)
	MrsFrancescaMilling(appointed1September
	2023)
Bursar	MrMarkMilling
Auditor	RSMUKAuditLLP
	Portland
	25HighStreet
	Crawley
	WestSussex
	RH101BG
Bankers	BarclaysBankplc
	1ChurchillPlace
	CanaryWharf
	London
	E145HP

	2022/23		2021/22
PreparatorySchool	133		121
Pre-PreparatorySchool	74		73
Total	207		194
	2022/23		2021/22
	Boys	Girls	Boys	Girls
PreparatorySchool	70	63	65	56
Pre-PreparatorySchool	39	35	35	38
Total	109	98	100	94

==> picture [56 x 19] intentionally omitted <==

		2023	2022
	Notes	Unrestricted	Unrestricted
		Funds	Funds
		£	£
INCOME
IncomefromCharitableActivities
Schoolfees	2	2,076,690	1,811,490
Ancillarytradingincome	3	66,402	31,601
Non-ancillarytradingincome	3	3,924	11,982
TOTALINCOME		2,147,016	1,855,073
EXPENDITURE
CharitableActivities
Schoolsandgrant-making		2,284,974	1,977,261
TOTALEXPENDITURE	7	2,284,974	1,977,261
NETEXPENDITUREFORTHEPERIOD	4	(137,958)	(122,188)
Fundbalancesbroughtforward		(2,251,757)	(2,129,569)
FUNDBALANCESASAT31AUGUST		(2,389,715)	(2,251,757)

			2023		2022
	Notes
FIXEDASSETS
Tangibleassets	9		265,151		212,067
			265,151		212,067
CURRENTASSETS
Debtors	10	45,599		45,660
		45,599		45,660
CURRENTLIABILITIES
Creditorsduewithinoneyear	11	(2,678,292)		(2,509,384)
NETCURRENTLIABILITIES			(2,632,693)		(2,463,724)
TOTALASSETSLESS
CURRENTLIABILITIES			(2,367,542)		(2,251,657)
LONGTERMLIABILITIES
Creditorspayableafteroneyear	12		(22,073)
NETLIABILITIES			(2,389,615)		(2,251,657)
CAPITALANDRESERVES
Calledupsharecapital	14		100		100
FUNDS
Unrestrictedfunds:
Generalreserve			(2,389,715)		(2,251,757)
EQUITYSHAREHOLDERS' FUNDS	16		(2,389,615)		(2,251,657)

Leaseholdland	-Overtheshorteroftheeconomiclifeoftheassetorthe
	lifeofthelease
Computerequipment	-25%oncost
Fixturesandfittings	-between4%and25%oncost

ARITABLEACTIVITIES-SCHOOLFEES	2023	2022
Theschoolfeesincomecomprises:
Grossfees	2,366,274	2,099,023
Less:Totalscholarships,bursaries,etc	(289,584)	(287,533)
	2,076,690	1,811,490

CHARITABLEACTIVITIES-OTHERINCOME
	2023	2022
	£	£
Ancillaryincome:
Wraparoundcare&holidayclubs	30,244	26,537
Entranceandregistrationfees	4.895	3,975
Extraschoolcare—LearningsupportandMusic	31,263	1,089
	66,402	31,601
Non-ancillaryactivities:
Otherincome	3,924	11,982
	70,326	43,583
ETEXPENDITUREFORTHEPERIOD
	2023	2022
	£	£
Netexpenditurefortheperiodisstatedaftercharging:
Depreciation	34,603	31,572
Auditor'sremuneration—audit	6,700	4,850
AFFCOSTS
	2023	2022
	£	£
Totalstaffcostscomprise:
Wagesandsalaries	1,250,375	1,166,963
Socialsecuritycosts	117,227	113,264
Pensioncontributions	195,707	172,926
	1,563,309	1,453,153

Theaverage monthlynumberofemployee aheadcountbasiswas:	sduringtheperiodon
	2023	2022
	Number	Number
Teachingstaff	33	30
Others	14	11
	47	41

	Staff	Other	Depreciation	Depreciation	2023	2022
	(Note5)	Costs	(Note	9)	Total	Total
		£		£	£	£
Charitableactivities
Teaching	1,345,245	119,007	-		1,464,252	1,306,290
Welfare	77,814	89,490	-		167,304	137,648
Premises	48,191	376,835	34,603		459,629	371,296
Supportcostofschooling	92,059	101,412	-		193,471	162,027
Schooloperatingcosts	1,563,309	686,744	34,603		2,284,656	1,977,261
Grants,awardsandprizes	-	318	-		318	-
Totalresourcesexpended	1,563,309	687,062	34,603		2,284,974	1,977,261
.GovernanceCostsincluded	insupportcosts
				2023		2022
				£		£
Remunerationpaidtoauditorforauditservices				6,700		4,850
OtherGovernanceCosts				6,296		1,940
			12,996			6,790

	Landand	Computer	Fittings
	Buildings Short	Equipment	and Equipment	Total
	Leasehold
	£	£	£	£
Cost
At1September2022	182,619	96,884	251,099	530,602
Additions		44,205	43,482	87,687
Disposals		-	-
At31August2023	182,619	141,089	294,581	618,289
Depreciation
At1September2022	57,745	96,884	163,906	318,535
Chargefortheyear	8,213	4,912	21,478	34,603
At31August2023	65,958	101,796	185,384	353,138
Netbookvalueat
31August2023	116,661	39,293	109,197	265,151
Netbookvalueat 31August2022	124,874		87,193	212,067

	2023	2022
Feedebtors	5,375	21,492
Tradedebtors	100	1,500
Prepaymentsandaccruedincome	35,313	22,668
Otherdebtors	4,811
	45,599	45,660

	2023	2022
	£	£
Tradecreditors	58,463	9,438
Amountsowedtogroupundertakings	2,120,875	1,992,965
Othercreditors	50,471	47,039
Accruals	10,895	84,476
Entrancedeposits	47,000	37,600
Deferredincome-feesreceivedinadvance	375,873	337,866
Financelease	14,715
	2,678,292	2,509,384

2.CREDITORS:Amountsfallingafteroneyear
	2023	2022
Financelease	22,073
	22,073
.FINANCELEASEOBLIGATIONS
	2023	2022
Amountsfallingdue:
Within2to5years	7,358
Within1to2years	14,715
	22,073
Within1year	14,715
	36,788

	Fixed	NetCurrent	2023
	Assets	Liabilities	Total
	£	£	£
UnrestrictedFunds	265,150	(2,654,765)	(2,389.615)
	265,150	(2,654,765)	(2,389,615)
	Fixed	NetCurrent	2022
	Assets	Liabilities	Total
	£	£	£
UnrestrictedFunds	212,067	(2,463,724)	(2,251,657)
	212,067	(2,463,724)	(2,251,657)
ECONCILIATIONOFMOVEMENTINEQUITYSHAREHOLDERS'FUNDS
		2023	2022
		£	£
Openingshareholders'funds		(2,251,657)	(2,129,469)
Netmovementsinfunds		(137,958)	(122,188)
Closingshareholders'funds		(2,389,615)	(2,251,657)