| objects and | powers | powers | ofthe charitable | ofthe charitable | company a |
nd is | g | overn | ed under it |
s articles o | fassociation. |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Registered | Company | Number | 08645246 | ||||||||
| Registered | Charity | Number | 1158673 | ||||||||
| Principal Iregistered | address | Ringwood | Waldorf | School, Folly Farm Lane, | Ashley, | ||||||
| Ringwood, | Hampshire, | BH24 2NN | |||||||||
| Directors iTrustees | during | the year | |||||||||
| and to date: | |||||||||||
| S Wilson-Devane | (chair) | ||||||||||
| EWilmar | |||||||||||
| P Constantine | |||||||||||
| A Walker | |||||||||||
| RJukes | |||||||||||
| P Scrivens | (appointed | 6Sep 2021, resigned | 14Jan 2022) | ||||||||
| G Patrick | |||||||||||
| H Vekria | |||||||||||
| Bankers | Triodos Bank, Deanery | Road, Bristol, BS15AS | |||||||||
| Auditors | Knight Goodhead | Limited | |||||||||
| 7 Bournemouth | Road, | Chandler's | Ford, Eastleigh, | ||||||||
| Hampshire, | S053 | 3DA |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| Funds | Funds | Funds | Funds | |||
| Notes | E | 6 | E | 6 | ||
| INCOME | ||||||
| Voluntary | income | 3 | 46,129 | 46,129 | 67,356 | |
| Charitable | activities | 3 | 1,364,098 | 1,364,098 | 949,577 | |
| Investment | income | 129 | 129 | 128 | ||
| TOTAL INCOME | 1,410,356 | 1,410,356 | 1,017,061 | |||
| EXPENDITURE | ||||||
| Fundraising | costs | 2,129 | 2,129 | 887 | ||
| Charitable | activities | 1,296,268 | 1,296,268 | 1,065,058 | ||
| TOTAL EXPENDITURE | 4 | 1,298,397 | 1,298,397 | 1,065,945 | ||
| NET INCOME | / (EXPENDITURE) FOR YEAR | 111,959 | 111,959 | (48,884) | ||
| Transfers between funds |
11,12 | |||||
| NET MOVEMENT IN FUNDS FOR YEAR | 111,959 | 111,959 | (48,884) | |||
| FUNDS AT1SEPTEMBER2021 | 3,275,989 | 3,275,989 | 3,324,873 | |||
| FUNDS AT31AUGUST 2022 | 3,387,948 | 3p387,948 | 3,275,989 |
| 2021 | |||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| Funds | Funds | Funds | |||
| f | f | f | |||
| INCOME | |||||
| Voluntary | income | 67,356 | 67,356 | ||
| Charitable | activities | 940,078 | 9,499 | 949,577 | |
| Investment | income | 128 | 128 | ||
| TOTAL INCOME | 1,007,562 | 9,499 | 1,017,061 | ||
| EXPENDITURE | |||||
| Fundraisin8 | costs | 887 | 887 | ||
| Charitable | activities | 1,043,122 | 21,936 | 1,065,058 | |
| TOTAL EXPENDITURE | 1,044,009 | 21,936 | 1,065,945 | ||
| NET INCOME/(EXPENDITURE) | FORYEAR | (36,447) | (12,437) | (48,884) | |
| Transfers between funds |
|||||
| NET MOVEMENT IN FUNDS FOR THE YEAR | (36,447) | (12,437) | (48,884) | ||
| FUNDS AT1SEPTEMBER 2020 | 3,312,436 | 12,437 | 3,324,873 | ||
| FUNDS AT31 | AUGUST 2021 | 3,275,989 | 3,275,989 |
| BALANCE SHEET | AS A | T31AUGUST 2022 | |||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Notes | |||||||
| FIXEDASSETS | |||||||
| Tangible fixed assets | 3,360,047 | 3,371,562 | |||||
| CURREN1 ASSETS | |||||||
| Debtors | 8 | 71,649 | 62,078 | ||||
| Cash at bank and in | hand | 453,274 | 328,207 | ||||
| 524,923 | 390,285 | ||||||
| CREDITORS: amounts | falling | due within one year | 9 | (191,873) | (184,259) | ||
| NET CURRENT ASSETS | 333,050 | 206,026 | |||||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 3,693,097 | 3,577,588 | |||||
| CREDITORS: amounts | due after more than one year | 10 | (305,149) | (301,599) | |||
| NET ASSETS | 3,387,948 | 3,275,989 | |||||
| FUNDS | |||||||
| Restricted funds | |||||||
| Unrestricted funds |
|||||||
| General funds | 12 | 391,910 | 244,333 | ||||
| Designated | funds | 12 | 2,996,038 | 3,031,656 | |||
| Total unrestricted | funds | 3,387,948 | 3,275,989 | ||||
| TOTAL FUNDS | 3,387,948 | 3,275,989 | |||||
| Approved by the board oftrustees on |
|||||||
| and signed on its behalf by |
| FO | R THE YEAR ENDED 3 | 1 | AUGUST 2022 | |||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Notes | 6 | E | ||||
| NET | CASH FLOW PROVIDED BY | OPERATING ACTIVITIES | 172,773 | 36,790 | ||
| CASH FLOWS FROM INVESTING | ACTIVITIES | |||||
| Interest received | 129 | 128 | ||||
| CASH FLOWS FROM FINANCING | ACTIVITIES | |||||
| Purchase offixed assets | (32,152) | (22,241) | ||||
| Repayments af borrowing |
(15,683) | (3,760) | ||||
| NET | CASH FLOW | 125,067 | 10,917 | |||
| Change in cash and cash equivalents in the year |
125,067 | 10,917 | ||||
| Cash and cash equivalent | at | start ofthe year | 328,207 | 317,290 | ||
| Cash and cash equivalents | at the end ofthe year | 453,274 | 328,207 | |||
| NOTES TO THE CASHFLOW STATEMENT FOR THE YEAR ENDED 31AUGUST 2022 | ||||||
| 1 | RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES |
|||||
| 2022 | 2021 | |||||
| E | 6 | |||||
| Net income / (expenditure) | far the year | 111,959 | (48,884) | |||
| Interest received | (129) | (128) | ||||
| Depreciation | 43,667 | 4,716 | ||||
| Decrease in debtors | (9,571) | 25,754 | ||||
| Increase in creditors |
26,847 | 55,332 | ||||
| Net cash flaw from operating | activities | 172,773 | 36,790 | |||
| 2 | ANALYSIS OF CASH AND CASH EQUIVALENTS | |||||
| 2022 | 2021 | |||||
| E | 6 | |||||
| Cash at bank and in hand | 453,274 | 328,207 |
| At 1 | Non cash | At 31 | ||||
|---|---|---|---|---|---|---|
| 3 | ANALYSIS OF CHANGES | IN NET DEBT | Sept 2021 | Cash flows | movements | Aug 2022 |
| Cash at bank and in hand | 328,207 | 125,067 | 453,274 | |||
| Debt due within one year | (15,216) | (15,683) | 17,100 | (13,799) | ||
| Debt due after one year | (301,599) | (3,550) | (305,149) | |||
| 11,392 | 109,384 | 13,550 | 134,326 |
| Unrestricted | Restricted | 2022 | 2021 | ||
|---|---|---|---|---|---|
| funds | funds | Totalfunds | Totalfunds | ||
| E | 6 | F. | 6 | ||
| DONATIONS AND LEGACIES |
|||||
| General donations | 4,593 | 4,593 | 7,564 | ||
| Community support |
14,859 | 14,859 | 25,955 | ||
| Parents and Friends | 10,015 | 10,015 | 1,483 | ||
| Square fundraising | 16,662 | 16,662 | |||
| Coronavirus Job Retention |
Scheme | 32,354 | |||
| Totol donations ond legacies |
46,129 | 46,129 | 67,356 | ||
| CHARITABLE ACTIVITIES | |||||
| Fees and contributions | 1,304,853 | 1,304,853 | 894,753 | ||
| Trips income | 42,328 | 42,328 | 30,200 | ||
| Erasmus | 9,499 | ||||
| Other income | 16,917 | 16,917 | 15,125 | ||
| Total choritoble activities | 1,364,098 | 1,364,098 | 949,577 | ||
| INVESTMENT INCOME | |||||
| Investment income |
129 | 129 | 128 | ||
| TOTAL INCOME | 1,410,356 | 1,410,356 | 1,017,061 |
| unrestricted | Restricted | 2022 | 2021 | ||
|---|---|---|---|---|---|
| funds | funds | Totalfunds | Totalfunds | ||
| E | 6 | E | E | ||
| FUNDRAISING COSTS |
|||||
| Fundraising and publicity |
2,129 | 2,129 | 887 | ||
| CHARITABLE ACTIVITIES | |||||
| Employed staff costs (see |
note 5) | 908,160 | 908,160 | 805,375 | |
| School and education | 48,330 | 48,330 | 31,487 | ||
| Premises costs | 72,063 | 72,063 | 71,653 | ||
| Office and administration | 33,552 | 33,552 | 26,886 | ||
| Van, motor, and travel expenses | 5,557 | 5,557 | 4,297 | ||
| Bank charges and interest | payable | 28,596 | 28,596 | 16,054 | |
| Legal and professional fees |
9,560 | 9,560 | 10,258 | ||
| Staff training | 10,332 | 10,332 | 4,355 | ||
| Bad debts | 81,502 | 81,502 | 50,742 | ||
| Trips | 45,815 | 45,815 | 26,512 | ||
| Erasmus | 951 | ||||
| Depreciation | 43,667 | 43,667 | 4,716 | ||
| Accountancy and bookkeeping |
4,604 | 4,604 | 7,662 | ||
| Audit | 4,530 | 4,530 | 4,110 | ||
| Total charitable activities |
1,296,268 | 1,296,268 | 1,065,058 | ||
| TOTAL EXPENDITURE | 1,298,397 | 1,298,397 | 1,065,945 |
| Employed staff costs were as follows: |
2022 | 2021 |
|---|---|---|
| f | E | |
| Salaries and wages | 838,462 | 723,051 |
| Social security costs | 52,468 | 47,602 |
| Pension costs | 17,230 | 17,722 |
| Settlement agreement |
17,000 | |
| 908,160 | 805,375 |
| 2022 | 2021 | |
|---|---|---|
| No. | No. | |
| Employees | 53 | 51 |
| Freehold | Fixtures, | |||||
|---|---|---|---|---|---|---|
| Assets under | land | fittings and | Motor | |||
| constl'ection | a buildings | equipment | vehicles | Total | ||
| E | 6 | 6 | ||||
| COST | ||||||
| At 1September | 2021 | 3,348,471 | 30,022 | 8,565 | 3,387,058 | |
| Additions in year |
25,077 | 7,075 | 32,152 | |||
| At31August 2022 | 25,077 | 3,348,471 | 37,097 | 8,565 | 3,419,210 | |
| DEPRECIATION | ||||||
| At 1September | 2021 | 8,964 | 6,532 | 15,496 | ||
| Charge for the | year | 33,485 | 9,674 | 508 | 43,667 | |
| At 31August 2022 | 33,485 | 18,638 | 7,040 | 59,163 | ||
| NET BOOK VALUE | ||||||
| At31August 2022 | 25,077 | 3,314,986 | 18,459 | 1,525 | 3,360,047 | |
| At 1September | 2021 | 3,348,471 | 21,058 | 2,033 | 3,371,562 | |
| DEBTORS | ||||||
| 2022 | 2021 | |||||
| E | E | |||||
| Contributions debtors |
30,843 | 39,974 | ||||
| Other debtors | ||||||
| Prepayments and accrued income |
40,806 | 22,104 | ||||
| 71,649 | 62,078 | |||||
| CREDITORS: amounts | falling due within one year | |||||
| 2022 | 2021 | |||||
| E | E | |||||
| Bank loan (see | note 10) | 13,799 | 15,216 | |||
| Trade creditors | 20,342 | 19,896 | ||||
| Other taxation | and social security | 15,825 | 10,912 | |||
| Other creditors | 133,432 | 116,905 | ||||
| Accruals and deferred | income | 8,475 | 21,330 | |||
| 191,873 | 184,259 |
| 2022 | 2021 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| f | f | ||||||||||||
| Bank loan | 305,149 | 301,599 | |||||||||||
| The bank loan |
relates to | funding | for the purchase | of the Ringwood | Waldorf | School Hall. | The Ringwood | ||||||
| Waldorf School loan was | refinanced | to Barclays | in | November | 2021 | and | interest | is charged | at 2.6SS above | ||||
| base rate. The | loan is secured on | the | school. | ||||||||||
| The bank loan is repayable | by instalments | as follows: | 2022 | 2021 | |||||||||
| f | f | ||||||||||||
| Within 1year | 13,799 | 15,216 | |||||||||||
| Between 2 and | 5years | 62,782 | 75,504 | ||||||||||
| Over 5years | 242,367 | 226,095 | |||||||||||
| Total falling due after more | than one year | 305,149 | 301,599 | ||||||||||
| Total bank loans | 318,948 | 316,815 | |||||||||||
| MOVEMENT IN |
FUNDS - RESTRICTED FUNDS | ||||||||||||
| At 1Sept | At 31August | ||||||||||||
| 2021 | Income | Expenditure | Transfers | 2022 | |||||||||
| f | f | f | |||||||||||
| RESTRICTED FUNDS: | |||||||||||||
| Erasmus | |||||||||||||
| Total restricted | funds |
| At 1Sept | Transfers | At 31August | ||||||
|---|---|---|---|---|---|---|---|---|
| 2021 | Income | Expenditure | 2022 | |||||
| DESIGNATED FUNDS: | E | E | E | E | ||||
| Trips | 42,328 | (45,815) | 3,487 | |||||
| Property capital | fund | 3,031,656 | (55,018) | 19,400 | 2,996,038 | |||
| Total designated | funds | 3,031,656 | 42,328 | (100,833) | 22,887 | 2,996,038 | ||
| General funds | 244,333 | 1,368,028 | ~3,397,564 | (22.887( | 391,910 | |||
| 7 ( ( |
d ( | d | 3.2 5.989 | . | 0.356 | ~(3.290,397 | 3,387,948 |
| 2022 | |||||
|---|---|---|---|---|---|
| Restricted | Designated | General | Total | ||
| funds | funds | funds | funds | ||
| E | E | ||||
| Tangible fixed assets | 3,314,986 | 45,061 | 3,360,047 | ||
| Net current | (liabilities) / assets | (13,799) | 346,849 | 333,050 | |
| Long term liabilities | (305,149) | (305,149) | |||
| NET ASSETS | 2,996,038 | 391,910 | 3,387,948 | ||
| 2021 | |||||
| Restricted | Designated | General | Total | ||
| funds | funds | funds | funds | ||
| E | |||||
| Tangible fixed assets | 3,348,471 | 23,091 | 3,371,562 | ||
| Net current assets Long term liabilities |
(15,216) (301,599) |
221,242 | 206,026 ~30 .599( |
||
| NET ASSETS | 3,031,656 | 244,333 | 3,275,989 |