2023-08-31-accounts

Trustees						SE Bonell, Chair	SE Bonell, Chair
						J Brooks
						L A Harvey
						A Clarke
						J M Light
						H Moore
						W Telford
Headmaster						R I Blewitt
Bursar and			Company	Secretary		G Bond
Charity	Number					1163491
Company		Number				09561129
Registered			Office &	Principal	Address	140 High Street
						Lewes
						East Sussex
						BN7 1XS
Auditors						TC Group
						The Courtyard
						Shoreham	Road
						Upper Beeding
						Steyning
						West Sussex
						8N44 3TN
Bankers						Lloyds Banking Group
						82 High Street
						Lewes
						East Sussex
Solicitors						Mayo Wynne Baxter
						3 Bell Lane
						Lewes
						East Sussex
						BN7 1JU

				Page
Chairman's	Statement
Trustees'	Report (incorporating		the Strategic Report)
Statement	ofTrustees'	Responsibilities		16
Independent Auditor's		Report		17
Statement	ofFinancial	Activities		21
Balance Sheet				22
Cash Flow	Statement			23
Notes to the Accounts				24

		Unrestricted	Designated	Restricted	Total	Total
		Funds	Funds	Funds	2023	2022
	Notes	E	E		6	6
Incoming from:
Donations and legacies	5	10,304		16,710	27,014	14,974
Charitable activities	6	9,785,210			9,785,210	8,733,066
Investments	7	49,956			49,956	12,125
Total income		9,845,470		16,710	9,862,180	8,760,165
Expenditure on:
Charitable activities		9,513,862		18,338	9,532,200	8,117,938
Total expenditure		9,513,862		18,338	9,532,200	8,117,938
Net income / (expenditure)		331,608		(1,6281	329,980	642,227
Transfer between funds	18
Net movement in funds		331,608		(1,628)	329,980	642,227
Fund balances brought forward		6,053,462	7,970	27,800	6,089,232	5,447,005
Fund balances carried forward	18	6,3S5,070	7,970	26,172	6,419,212	6,089,232

					2023		2022
				Notes
Fixed assets
Intangible assets				11		12,575		12,575
Tangible assets				12		12,715,884		12,620,076
						12,728,459		12,632,651
Current assets
Stocks					2,938		3,291
Debtors				13	2,557,083		2,196,533
Cash at bank and	in	hand			2,606,547		2,659,898
					5,166,568		4,859,722
Creditors: amounts		falling due within one		14	(4,528,431)		(4,078,126)
year
Net current assets						638,137		781,596
Total assets less	current		liabilities			13,366,596		13,414,247
Creditors: amounts than one year		falling due after more		15		(6,947,384)		(7,325,015)
Net assets						6,419,212		6,089,232
Represented by:
Restricted funds				18		26,172		27,800
Unrestricted funds				18
General funds					6,385,070		6,053,462
Designated funds					7,970		7,970
						6,393,040		6,061,432
						6,419,212		6,089,232

		Notes		2023 6		2022 6
Cash flows from operating	activities	20		919,739		1,471,051
Cash flows from investing	activities
Purchase oftangible fixed	assets		(552,763)		(2,004,954)
Sale proceeds from fixed assets			1,301		800
Interest received		7	49,956		12,125
Net cash from investing activities				(501,506)		(1,992,029)
Cash flows from financing	activities
Loan movement			(224,924)		573,857
Interest payable			(246,600)		(193,396)
				(471,584)		380,461
Increase/(decrease) in cash and cash equivalents				(53,351)		(140,517)
Cash and cash eq uivalents	at start ofyear			2,659,898		2,800,415
Cash and cash equivalents	at end ofyear			2,606,547		2,659,898
All cash is cash at ba nk and	in hand.

					2023	2022
					6	6
Depreciation					454,265	426,723
Stock	charged	as an expense			353	533
Operating lease payments					126,643	122,297
Auditors' remuneration			—audit	services	17,280	13,080
5.	Income	from donations		and legacies
					2023	2022
					6	f
Other	donations				27,014	14,816
Government		grants				158
					27p014	14,974

						2023	2022
						6	E
Gross school fees						10,923,517	10,363,157
Bursaries, scholarships		and discounts				(2,401,461)	(2,392,670)
Net school fees						8,522,056	7,970,487
School trips and	activities income					607,620	131,729
Catering and transport		income				655,534	630,850
Income from charitable		activities				9,785,210	8,733,066
7. Investment	income
						2023	2022
						6	E
Interest received						49,956	12,125
8. Total expenditure
			Staff costs	Depreciation	Other	Total	Total
			6	6	Costs	2023	2022
					6	6	E
Charitable activities
Teaching costs			4,415,675		987,585	5,403,260	4,607,747
Welfare costs			414,589	18,945	736,319	1,169,853	944,575
Premises costs			272,485	375,437	932,560	1,580,482	1,342,607
Supper't costs			759,525	59,883	501,049	1,320p457	1,168,823
Total charitable	activities		5,862,274	454,265	3,157,513	9,474,052	8,063,752
Expenditure on governance			32,565		25,583	58,148	54,186
Total expenditure			5,894,839	454,265	3,183,096	9,532,200	8,117,938

					2023	2022
					Number	Number
Teachers					116	108
Finance					4	4
Maintenance					11	12
Administration		(including	transport)		28	10
Catering					9	9
IT					3	4
					171	147
The average	FTE number		ofemployees	during the year was as follows:
					2023	2022
					Number	Number
Teachers					94	90
Finance					4	4
Maintenance					9	9
Administration		(including	transport)		20	8
Catering					6	5
IT					3	2
					136	118
Employment		costs
					2023	2022
					E	E
Wages and salaries					5,058,800	4,390,578
Social security		costs			488,348	428,023
Other pension		costs			347,691	288,294
					5,894,839	5,106,895

2023	2022
Number	Number

Cost	School Crest
	f
At 1September 2022	12,575
At 31August 2023	12,575
Net book value
At 31August 2023	12,575
At 31August 2022	12,575

	Freehold	Motor	Fixtures,	Total
Cost	property	Vehicles	fittings &
			equipment
	6	6	6	6
At 1September 2022	13,499,816	122,418	2,289,087	15,911,321
Additions	46,748		506,015	552,763
Disposals			(14,763)	(14,763)
Transfer	(220,351)		220,351
At 31August 2023	13,326,213	122,418	3,000,690	16,449,321
Depreciation
At 1September 2022	1,851,389	94,446	1,345,410	3,291,245
Charge for the year	179,615	6,993	267,657	454,265
Eliminated on disposal			(12,073)	(12,073)
Transfer
At 31August 2023	2,031,004	101,439	1,600,994	3,733,437
Net book value
At 31August 2023	11,295,209	20,979	1,399,696	12,715,884
At 31August 2022	11,648,427	27,972	943,677	12,620,076

13. Debtors
		2023	2022
Trade debtors		2,310,109	2,027,278
Prepayments	and accrued income	205,931	144,365
Other debtors		41,043	24,890
		2,557,083	2,196,533

14. Creditors: amou	nts falling due within one year
		2023	2022
		6	f
Bankloans		264,228	271,459
Feesin advance		460,133	484,736
Trade creditors		212,757	142,174
Taxes and social security costs		128,791	102,306
Other creditors		114,105	84,595
Accruals and deferred	income	3,348,417	2,992,856
		4,528,431	4,078,126

		2023	2022
		6	E
Bankloans		5,644,360	5,862,113
Fees in advance		951,424	1,127,005
Pupil deposits		351,600	335,897
		6,947,384	7,325,015
included within the above are amounts	falling due as follows:
		2023	2022
		6	6
Between one and two years
Bankloans		264,228	271,459
Between two and five years
Bankloans		1,037,147	1,200,258
Over five years
Bankloans		4,607,213	4,661,855

			Movement in Funds	Movement in Funds
		Balance at 1September 2022	Incoming Resources	Resources Expended	Transfers	Balance at 31August 2023
Unrestricted funds
Designated funds:
Morocco fund		7,970				7,970
		7,970				7.970
General reserves		6,053,462	9,845,470	(9,513,862)		6,385,070
		6,061,432	9,845,470	(9,513,862)		6,393,040
Restricted funds:
Music & Drama fund		5,219	888	(266)		5,841
Sport fund		4,704	195	(135)		4,765
Design 8 Technology	fund	5,575	350	(200)		5,725
PTA fund			14,025	(14,025)
Fairview fund		9,246				9,246
Dowley fund		556		(556)
Cameron Moore fund		1,500	1„252	(2,158)
UK Germany Connection		1,000		(1,000)
		27,800	16,710	(18,338)		26,172
Total funds		6,089,232	9,862,180	(9,532,200)		6,419,212

18. Analysis of n	et ass	ets be	tween funds
					Unrestricted	Restricted	Total
					funds	funds
					6	6
Fund balances at 31August 2023are represented				by:
Tangible fixed assets					12,715,884		12,715,884
Intangible fixed assets					12,575		12,575
Current assets					5,140,396	26,172	5,166,568
Creditors: amounts	falling due		within one year		(4,528,431)		(4,528,431)
Creditors: amounts	falling due		in more than one year		(6,947,384)		(6,947,384)
					6,393,040	26,172	6,419,212
					Unrestricted	Restricted	Total
					funds	funds
					f	6
Comparative Fund	balances at		31August 2022 are
represented bv:
Tangible fixed assets					12,620,076		12,620,076
Intangible fixed assets					12,575		12,575
Current assets					4,831,922	27,800	4,859,722
Creditors: amounts	falling due		within one year		(4,078,126)		(4,078,126)
Creditors: amounts	falling due		in more than one year		(7,325,015)		(7I325(015)
					6,061,432	27,800	6,089,232
20. Net cash inflow/(outflow)			from operating	activities
						2023	2022
Reconciliation to changes		in resources				6	6
Net income						329,980	642,227
Interest received						(49,956)	(12,125)
Interest paid						246,600	193,396
Depreciation oftangible		fixed assets				454p265	426,723
loss on disposal of	fixed assets					1,389	28,744
(Increase)/decrease	in stocks					353	(533)
(Increase)/decrease	in debtors					(360,550)	(41,312)
Increase/(decrease)	in creditors					297,658	233,931
						919,739	1,471,051

		At 1 September 2022	Cash flows	At 31August 2023
		6	f	6
Cash	at bank and in hand	2,659,898	(53,351)	2,606,547
Debt	due within 1year	(271,459)	7,231	(264,228)
Debt	due after 1year	(5,862,113)	217,753	(5,644,360)
		(3,473,674)	171,633	(3,302,041)

	Land &Buildings		Other
	2023	2022	2023	2022
Expiry date:
Within one year	34,000	34000	123,323	123,190
Between two and five years	19,841	53,841	48,727	169,134

			Unrestricted	Designated	Rest Acted	Total
			Funds	Funds	Funds	2022
			E	E	E	E
Incoming from:
Donations and legacies			301		14,673	14,974
Charitable activities			8,733,066			8,733,066
Investments			12,125			12,125
Total income			8,745,492		14,673	8,760,165
Expenditure on:
Charitable activities			8,110,672		7,266	8,117,938
Total expenditure			8,110,672		7,266	8,117,938
Net income / (expenditure)			634,820		7,407	642,227
Transfer between funds			13,038		(13,038)
Net movement in funds			647,858		(5,631)	642,227
Fund balances brought	forward		5,405,604	7,970	33,431	5,447,005
Fund balances carried forward		16	6,053,462	7,970	27,800	6,089,232