2022-08-31-accounts

Trustees		Mrs SWhitehouse-Faux
		Ms A Barrett
		Mr M Ware
		Mr D Godden
Charity	number	1155373
Principal	address	Our Lady's Preparatory	School
		The Avenue
		Crowthorne
		Berkshire
		RG45 6PB
Auditor		Kirk Rice LLP
		The Courtyard
		High Street
		Ascot
		Berkshire
		SL57HP
Bankers		NatWest
		24 Deane Street
		Loughborough
		LE11 5NQ

		Page
Trustees' report		1-6
Independent auditor's	report	7-10
Statement offinancial	activities
Balance sheet		12
Statement ofcash flows
Notes to the financial	statements	14-23

				Unrestricted	Restricted	Total	Unrestricted
				funds	funds		funds
				2022	2022		2021
			Notes
Income from:
Donations and	legacies		3				1,702
Charitable activities			4	2,292,523		2,292,523	2,192,113
Total income				2,292,523		2,292,523	2,193,815
Ex enditure on:
Charitable activities			5	2,291,887		2,291,887	2,172,587
Net incoming	resources	before transfers		636		636	21,228
Gross transfers	between	funds		(5,000)	5,000
Net (expenditure)/income		for the year/
Net movement	in funds			(4,364)	5,000	636	21,228
Fund balances	at 1 September 2021			1,171,330		1,171,330	1,150,102
Fund balances	at 31August 2022			1,166,966	5,000	1,171,966	1,171,330

				2022		2021
			Notes
Fixed assets
Tangible assets			10		1,355,823		1,356,595
Current assets
Debtors				40,083		30,728
Cash at bank and in		hand		305,466		428,356
				345,549		459,084
Creditors:	amounts	falling due within
one year				(293,307)		(324,091)
Net current	assets				52,242		134,993
Total assets less current liabilities					1,408,065		1,491,588
Creditors:	amounts	falling due after
more than	one year		14		(236,099)		(320,258)
Net assets					1,171,966		1,171,330
Income funds
Restricted	funds				5,000
Unrestricted	funds				1,166,966		1,171,330
					1,171,966		1,171,330

					2022		2021
				Notes
Cash flows from operating			activities
Cash generated from operations				21		8,891		82,598
Investing	activities
Purchase	oftangible fixed	assets			(50,060)		(27,483)
Net cash	used in investing		activities			(50,060)		(27,483)
Financing	activities
Repayment	of bank loans				(81,721)		(47,582)
Net cash	used in financing		activities			(81,721)		(47,582)
Net (decrease)/increase		in	cash and	cash
equivalents						(122,890)		7,533
Cash and	cash equivalents		at beginning	ofyear		428,356		420,823
Cash and	cash equivalents		at end of	year		305,466		428,356

				School fees	Miscellaneous	Covid Grant	Total	School fees	Miscellaneous	Covid Grant	Total
				receivable	Income		2022	receivable	Income		2021
				2022	2022	2022		2021	2021	2021
Sales	within	charitable	activities	2,250,858			2,250,858	2,128,873			2,128,873
Other	income				41,665		41,665		27,075	36,165	63,240
				2,250,858	41,665		2,292,523	2,128,873	27,075	36,165	2,192,113

				School fees	Education	Total	School fees	Education	Total
				receivable	services	2022	receivable	services	2021
				direct costs	direct costs		direct costs	direct costs
				2022	2022		2021	2021
Staff costs					1,570,328	1,570,328		1,610,255	1,610,255
Other operating		leases			864	864		72	72
Rates and water					15,258	15,258		15,258	15,258
Insurance					6,539	6,539		19,965	19,965
Light and heat					31,565	31,565		31,897	31,897
Telephone					6,436	6,436		3,200	3,200
Postage and	stationery				40,796	40,796		33,312	33,312
Advertising					8,185	8,185		5,475	5,475
Sundries					57,234	57,234		45,686	45,686
Direct teaching costs					119,735	119,735		69,408	69,408
Repairs and	renewals				80,643	80,643		68,742	68,742
Household and		cleaning			34,513	34,513		28,804	28,804
General supplies					88,665	88,665		66,049	66,049
Maintenance	of	grounds			11,139	11,139		10,078	10,078
Professional	fees				37,191	37,191		29,036	29,036
Lunches					113,329	113,329		75,736	75,736
Interest				9,243		9,243	10,204		10,204
				9,243	2,222,420	2,231,663	10,204	2,112,973	2,123,177
Share ofsupport		costs (see
note 6)					52,544	52,544		42,330	42,330
Share ofgovernance			costs
(see note 6)					7,680	7,680		7,080	7,080
				9,243	2,282,644	2,291,887	10,204	2,162,383	2,172,587

Support	costs
		Support	Governance	2022	Support	Governance	2021
		costs	costs		costs	costs
		F		E	F
Depreciation		50,832		50,832	40,150		40,150
Bank charges		1,712		1,712	2,180		2,180
Audit fees			7,680	7,680		7,080	7,080
		52,544	7,680	60,224	42,330	7,080	49,410
Analysed	between
Charitable	activities	52,544	7,680	60,224	42,330	7,080	49,410

			2022	2021
			Number	Number
Head management			5	4
Administrative	staff		3	3
Teachers and	teaching	assistants	19	19
Catering and	building	maintenance	6	5
Nursery staff			28	32
Total			61	63
Employment	costs		2022	2021
			K	F
Wages and salaries			1,422,751	1,472,452
Social security	costs		123,062	112,522
Other pension	costs		24,515	25,281
			1,570,328	1,610,255

	The number ofemployees	whose annual	whose annual	remuneration	was more than F60,000
	is as follows:
						2022	2021
						Number	Number
	F60,001 - F70,000
	F80,001 - F90,000
	F90,001 - F100,000
9	Auditor's remuneration
	The analysis ofauditor's	remuneration	is	as follows:
	Fees payable to the auditor and associates:					2022	2021
	Audit ofthe annual accounts					7,680	7,080

Tangible fix	ed assets
			Freehold land	Fixtures and	Computers	Total
			and buildings	fittings
Cost
At 1 September 2021			1,597,291	26,417	7,044	1,630,752
Additions				35,091	14,969	50,060
At 31August	2022		1,597,291	61,508	22,013	1,680,812
Depreciation	and impairment
At 1 September 2021			269,769	2,173	2,215	274,157
Depreciation	charged	in the year	36,258	8,321	6,253	50,832
At 31August	2022		306,027	10,494	8,468	324,989
Carrying amount
At 31August	2022		1,291,264	51,014	13,545	1,355,823
At 31August	2021		1,327,522	24,244	4,829	1,356,595

Debtors
		2022	2021
Amounts falling due within one year:
Trade debtors		17,202	4,505
Other debtors			4,625
Prepayments	and accrued income	22,881	21,598
		40,083	30,728
Loans and overdrafts
		2022	2021
Bank loans		277,641	359,362
Payable within	one year	41,542	39,104
Payable after	one year	236,099	320,258

Creditors: amounts	falling due within one year
			2022	2021
		Notes
Bank loans		12	41,542	39,104
Other taxation and social security			34,475	30,449
Trade creditors			53,647	54,953
Other creditors			93,685	89,855
Accruals and deferred	income		69,958	109,730
			293,307	324,091
Creditors: amounts	falling due after more than one year
			2022	2021
		Notes
Bank loans		12	236,099	320,258

		Unrestricted	Restricted	Total Unrestricted	Total Unrestricted
		funds	funds		funds
		2022	2022		2021
Fund balances at 31August 2022 are represented
by:
Tangible	assets	1,355,823		1,355,823	1,356,595
Current	assets/(liabilities)	47,242	5,000	52,242	134,993
Long term liabilities		(236,099)		(236,099)	(320,258)
		1,166,966	5,000	1,171,966	1,171,330

non-cancellable operating leases, which fall due as follow	s:
	2022	2021
Within one year	8,736
Between two and five years	31,584
	40,320

21	Cash generated	from	operations	operations			2022	2021
	Surplus for the year						636	21,228
	Adjustments for:
	Depreciation and	impairment		oftangible	fixed assets		50,832	40,150
	Movements in working		capital:
	(Increase) in debtors						(9,355)	(7,934)
	(Decrease)/increase in		creditors				(33,222)	29,154
	Cash generated	from	operations				8,891	82,598
22	Analysis ofchanges		in net	funds
						At 1 September	Cash flows	At 31August
						2021		2022
						f.
	Cash at bank and	in hand				428,356	(122,890)	305,466
	Loans falling due	within	one	year		(39,104)	(2,438)	(41,542)
	Loans falling due	after	more	than one year		(320,258)	84,159	(236,099)
						68,994	(41,169)	27,825