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|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||





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





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|||||Unrestricted|Restricted|Total|Unrestricted|
|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|
|||||2022|2022||2021|
||||Notes|||||
|Income from:||||||||
|Donations<br>and|legacies||3||||1,702|
|Charitable<br>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<br>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|





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|||||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|





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||||||2022||2021||
|---|---|---|---|---|---|---|---|---|
|||||Notes|||||
|Cash flows from operating|||activities||||||
|Cash generated<br>from operations||||21||8,891||82,598|
|Investing|activities||||||||
|Purchase|oftangible<br>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|





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|||||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|





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|||||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<br>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|





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|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|



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||||2022|2021|
|---|---|---|---|---|
||||Number|Number|
|Head management|||5|4|
|Administrative|staff||3|3|
|Teachers and|teaching|assistants|19|19|
|Catering<br>and|building|maintenance|6|5|
|Nursery<br>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|





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||The number<br>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<br>remuneration|||||||
||The analysis ofauditor's|remuneration|is|as follows:||||
||Fees payable to the auditor and associates:|||||2022|2021|
||Audit ofthe annual<br>accounts|||||7,680|7,080|



|Tangible fix|ed assets||||||
|---|---|---|---|---|---|---|
||||Freehold<br>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<br>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|





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|Debtors||||
|---|---|---|---|
|||2022|2021|
|Amounts<br>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<br>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|



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|||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|



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



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|21|Cash generated|from|operations|operations|||2022|2021|
|---|---|---|---|---|---|---|---|---|
||Surplus for the year||||||636|21,228|
||Adjustments<br>for:||||||||
||Depreciation<br>and|impairment||oftangible|fixed assets||50,832|40,150|
||Movements<br>in working||capital:||||||
||(Increase)<br>in debtors||||||(9,355)|(7,934)|
||(Decrease)/increase<br>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|