2022-08-31-accounts

							Page
Reference	and Administrative		Details of the Charity, its Governors		and	Advisers	1-2
Governors'	Report						3-13
Governors'	Responsibilities		Statement				14
Independent	Auditors'	Report on the Financial		Statements			15-18
Statement	of Financial	Activities (Incorporating		Income and Expenditure		Account)	19
Balance Sheet							20
Statement	of Cash Flows						21
Notes to the Financial		Statements					22-38

			Unrestricted	Restricted	Endowment	Total	Total
			funds	funds	funds	funds	funds
			2022	2022	2022	2022	2021
		Note	OOOO	F000	OOOO	OOOO	OOOO
Income and
endowments	from:
Donations and
legacies		3	4			4	3
Charitable activities		4	5,933			5,933	5,577
Total income	and
endowments			5,937			5,937	5,580
Expenditure on:
Charitable activities			5,678			5,678	5,462
Other expenditure			89			89	86
Total expenditure			5,767			5,767	5,548
Net movement	in
funds before	other
recognised gains			170			170	32
Other recognised
gains:
Gains on revaluation
of fixed assets							3,815
Net movement	in
funds			170			170	3,847
Reconciliation	of
funds:
Total funds brought
forward			6,537	32	629	7,198	3,351
Net movement	in
funds			170			170	3,847
Total funds carried
forward			6,707	32	629	7,368	7,198

				AS AT 31 AU	GUST 2022
						2022		2021
				Note		OOOO		F000
Fixed assets
Tangible assets						10,542		10,685
						10,542		10,685
Current assets
Stocks							10
Debtors				10	1,651		1,562
Cash at bank and	in hand				102		35
					1,753		1,607
Creditors: amounts	falling		due within one
year					(3,010)		(3,024)
Net current liabilities						(1,257)		(1,417)
Total assets less	current		liabilities			9,285		9,268
Creditors: amounts	falling		due after more
than one year						(1,917)		(2,070)
Net assets excluding		pension asset				7,368		7,198
Total net assets						7,368		7,198
Charity funds
Endowment funds				14		629		629
Restricted funds				14		32		32
Unrestricted funds
General funds				14	3,118		2,722
Revaluation reserve					3,589		3,815
Total unrestricted	funds			14		6,707		6,537
Total funds						7,368		7,198

					2022	2021
				Note	2000	f000
Cash flows from operating	activities
Net cash used in operating	activities			16	825	297
Cash flows from investing	activities
Interest paid					(89)	(86)
Purchase of tangible fixed assets					(259)	(252)
Net cash used in investing	activities				(348)	(338)
Cash flows from financing	activities
Cash inflows from new borrowing						2,160
Repayments of borrowing					(144)	(1,468)
Net cash (used in)/provided	by financing		activities		(144)	692
Change in cash and cash	equivalents	in	the year		333	651
Cash and cash equivalents	at the beginning		of the year		(417)	(1,068)
Cash and cash equivalents	at the end	of	the year	17	(84)	(417)
The notes on pages 22 to 38form part of these financial statements

						Unrestricted	Total	Total
						funds	funds	funds
						2022	2022	2021
						OOOO	OOOO	OOOO
	Donations
	Total 2021
4.	Income from charitable activities
						Unrestricted	Total	Total
						funds	funds	funds
						2022	2022	2021
						OOOO	F000	OOOO
	Educational	charitable		activities		5,933	5,933	5,481
	Coronavirus	Job Retention Scheme grants						96
						5,933	5,933	5,577
	Total 2021					5,577	5,577
	School fee	income
							2022	2021
							F000	OOOO
	Gross fees						6,393	5,945
	Less: total bursaries,			grants and allowances			(607)	(565)
							5,786	5,380
	Other educational		charitable		acitivities
							2022	2021
							OOOO	F000
	Courses						84	71
							84	71

				2022	2021
				OOOO	F000
Lettings	and	other	income	63	30
				63	30

			Direct	Support	Total	Total
			costs	costs	funds	funds
			2022	2022	2022	2021
			OOOO	OOOO	F000	OOOO
Educational	charitable	activities	3,078	2,600	5,678	5,462
Total 2021			3,030	2,432	5,462

		Total	Total
		funds	funds
		2022	2021
		OOOO	2000
Staff costs		2,698	2,688
Educational	supplies	228	206
Examination	fees	152	136
Total 2022		3,078	3,030

		Total	Total
		funds	funds
		2022	2021
		F000	OOOO
Staff costs		1,521	1,374
Depreciation		402	383
Premises		348	350
Technology	costs	259	302
Professional	fees and Governance	70	23
Total 2022		2,600	2,432

			Unrestricted	Total	Total
			funds	funds	funds
			2022	2022	2021
			f000	f000	OOOO
Bank	interest	payable	89	89	86
Total	2021		86	86

				2022	2021
				OOOO	OOOO
Depreciation of tangible		fixed assets		402	383
Auditors'	remuneration	- audit		11	11
Auditors'	remuneration	- non-audit	services	6	6
Operating	lease rentals			13	13
				432	413

	2022	2021
	F000	2000
Wages and salaries	3,494	3,391
Social security costs	341	320
Other pension costs	384	351
	4,219	4,062

					2022	2021
					No.	No.
Teaching					63	62
Administration		and	support	staff	38	28
Premises,	catering		and porters		30	30
					131	120

2022	2021
No.	No.

	Freehold	Fixtures and
	property	fittings	Total
	OOOO	f000	OOOO
Cost or valuation
At 1 September 2021	9,960	3,136	13,096
Additions		259	259
At 31 August 2022	9,960	3,395	13,355
Depreciation
At 1 September 2021		2,411	2,411
Charge for the year	226	176	402
At 31 August 2022	226	2,587	2,813
Net book value
At 31 August 2022	9,734	808	10,542
At 31 August 2021	9,960	725	10,685

		2022	2021
		2000	F000
At cost		9,361	9,361
Revaluation	in 2014	120	120
Revaluation	in 2021	479	479
		9,960	9,960

		2022	2021
		F000	F000
Cost		9,960	9,960
Accumulated	depreciation	(226)
Net book value		9,734	9,960

				2022	2021
				F000	f000
Trade debtors				1,533	1,455
Other debtors				23	17
Prepayments	and accrued income			95	90
				1,651	1,562
Creditors: Amounts		falling due within one year
				2022	2021
				F000	F000
Loans and overdrafts				425	691
Pension creditor				40	41
Trade creditors				238	148
Advance fees	scheme				21
Other taxation	and social security			87	82
Obligations under finance lease and hire purchase			contracts	10	10
Other creditors				143	82
Accruals and deferred		income		2,067	1,949
				3,010	3,024

						2022	2021
						OOOO	F000
Deferred	income
Deferred	income at		1 September		2021	1,902	1,832
Resources deferred			during	the year		2,029	1,902
Amounts	released	from previous			periods	(1,902)	(1,832)
						2,029	1,902

			2022	2021
			f000	OOOO
Bank loans			1,777	1,921
HP liabilities		and finance leases	30	41
Enrolment	deposits		110	108
			1,917	2,070

			2022	2021
			OOOO	OOOO
Within	1	year		21
Total				21

			2022	2021
			OOOO	f000
Hire	purchase	& 1 yr	10	10
Hire	purchase	1-2 yrs	10	10
Hire	purchase	2-5 yrs	20	31
Bank	loans & 1 yr		239	239
Bank	loans 1-2 yrs		239	239
Bank	loans 2-5 yrs		1,538	1,682
Bank	overdraft		186	452
			2,242	2,663

Statement o	ffunds - cur	rent year
		Balance at 1				Balance at
		September			Transfers	31 August
		2021	Income	Expenditure	in/out	2022
		f000	OOOO	OOOO	OOOO	OOOO
Unrestricted	funds
General Reserve		2,722	5,937	(5,767)	226	3,118
Revaluation	reserve	3,815			(226)	3,589
		6,537	5,937	(5,767)		6,707
Endowment	funds
Capital		602				602
Special funds		27				27
		629				629
Restricted funds
John France	fund	32				32
Total offunds		7,198	5,937	(5,767)		7,368

Statement of fu	nd	s - prior year
		Balance at					Balance at
	1	September			Transfers	Gains/	31 August
		2020	Income	Expenditure	in/out	(Losses)	2021
		F000	OOOO	OOOO	OOOO	OOOO	OOOO
Unrestricted
funds
General
Reserve		2,582	5,580	(5,548)	108		2,722
Revaluation
reserve		108			(108)	3,815	3,815
		2,690	5,580	(5,548)		3,815	6,537
Endowment
funds
Capital		602					602
Special funds		27					27
		629					629
Restricted
funds
John France
fund		32					32
Total of funds		3,351	5,580	(5,548)		3,815	7,198

Analysis	of n	et assets between funds -	current year
			Unrestricted	Restricted	Endowment	Total
			funds	funds	funds	funds
			2022	2022	2022	2022
			2000	F000	F000	OOOO
Tangible	fixed	assets	9,940		602	10,542
Current	assets		1,694	32	27	1,753
Creditors	due	within one year	(3,010)			(3,010)
Creditors	due	in more than one year	(1,917)			(1,917)
Total			6,707	32	629	7,368

	Analysis of net assets between	Analysis of net assets between	funds -	prior year
				Unrestricted	Restricted	Endowment	Total
				funds	funds	funds	funds
				2021	2021	2021	2021
				F000	OOOO	OOOO	F000
	Tangible fixed	assets		10,083		602	10,685
	Current assets			1,548	32	27	1,607
	Creditors due	within one year		(3,024)			(3,024)
	Creditors due	in more than one year		(2,070)			(2,070)
	Total			6,537	32	629	7,198
16.	Reconciliation	of net movement	in funds to net cash flow		from operating	activities

					2022	2021
					F000	OOOO
	Net income for the	year (as per Statement		of Financial Activities)	170	32
	Adjustments for:
	Depreciation charges				402	383
	Bank interest paid				89	86
	Decrease/(increase)	in stocks			10	(5)
	Decrease/(increase)	in debtors			(89)	2
	Increase/(decrease)	in creditors			243	(201)
	Net cash provided	by operating	activities		825	297
17.	Analysis of cash	and cash equivalents
					2022	2021
					F000	OOOO
	Cash in hand				102	35
	Overdraft facility repayable on demand				(186)	(452)
	Total cash and cash equivalents				(84)	(417)

							At 1
							September		At 31 August
							2021	Cash flows	2022
								OOOO	OOOO
							OOOO
	Cash at bank and			in hand			35	67	102
	Bank overdrafts		and loans				(691)	266	(425)
	Debt due	within	1	year			(21)	21
	Debt due	after	1 year				(1,921)	144	(1,777)
	Finance leases						(51)	11	(40)
							(2,649)	509	(2,140)
19.	Capital commitments
								2022	2021
								F000	OOOO
	Contracted	for	but	not provided	in these financial	statements			72

cancellable	o	perating leases as follows:
			2022	2021
			OOOO	F000
Not later than		1 year	33	34
Later than	1 year and not later than 5 years		39	72
			72	106