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|||Unrestricted|Funds|Restricted|Funds||Total|Funds||
|---|---|---|---|---|---|---|---|---|---|
||||As restated||As restated|||As restated||
||Note|31/07/23|31/07/22|31/07/23|31/07/22|31/07/23||31/07/22||
|||f||5|||||8|
|Income from:||||||||||
|Donations
and legacies||65,149|43,113|11S,041|151,490||183,190||194,603|
|Charitable
activities||3,082,928|2,225,614|||3,082,928||2,225,614||
|Other trading activities||34,255|14,786||||34,255||14786|
|Total||3 182332|2283513|118,041|151490|3|00 73|2|435003|
|Expenditure
on:||||||||||
|Raising funds|5|34,169|23,971||||34,169||23,971|
|Charitable
activities|6,7|2465325|1,851,763|69437|139,453|2|534762|1.991216||
|Total||2 499494|1,875,734|69,437|139,453|2|6
31|2|015,187|
|Net||||||||||
|income/(expenditure)||682,838|407,779|48,604|12,037||731,442||419,816|
|Transfers between funds|19|4,661|48,114|(4,661)|(48,114)|||||
|Nct move&nant
in funds||687,499|455,893|43,943|(36,077)||731,442||419,816|
|Reconciliation offunds:||||||||||
|Total funds brought||||||||||
|forward||1&685,617|1,229,724|108&969|145,046|1&794,586||1,374,770||
|Total funds carried forward||2373,116|1 685 617|152912|108,969|2826,028||1,794586||
##
|||Unrestricted|Funds|Restricted|Funds|Total|Funda|
|---|---|---|---|---|---|---|---|
||Note|31/07/23|31/07/22|31/07/23|31/07/22|31/07/23|31/07/22|
||||||5|5||
|FIXEDASSETS||||||||
|Tangible assets|12|I298405|I433485|||1&298&405|I 433485|
|CURRENT ASSETS||||||||
|Debtors|13|45,815|31,918|||45&815|31,918|
|Cash at bank and in hand||1524,181|963,648|152,912|108969|I677093|I 072,617|
|||1,569,996|995,566|152,912|108,969|1,722,908|1,104,535|
|CREDITORS||||||||
|Amounts
falling due within one||||||||
|year|14|423 054|392774|||423 054|392,774|
|NET CURRENT ASSETS||1,146,942|602,792|152,912|108,969|1,299,854|711,761|
|TOTAL ASSETSLESS||||||||
|CURRENT LIABILITIES||2,445,347|2,036,277|152&912|108,969|2,598&259|2,145,246|
|CREDITORS||||||||
|Amounts
falling due afier more||||||||
|than one year|15|(72,231)|(350,660)|-|—|(72,231)|(350,660)|
|NET ASSETS||2,373,116|I 685 617|152912|108,969|2,526,028|1,794,586|
|FUNDS|18|||||||
|Unrestricted
funds||2,373,116|1,685,617|||2,373,116|1,685,617|
|Restricted funds||||152912|108.969|152912|108,969|
|TOTAL FUNDS||2 373116|1685,617|152912|108 69|2,526 028|1,794,586|
##
||||||Year Ended|YearEnded|
|---|---|---|---|---|---|---|
||||||31.7.23|31.7.22|
|||||Notes||5|
|Cash flows from operating||activities|||||
|Cash generated
fmm operations||||20|975,111|610,144|
|Interest paid
Interest element ofhire purchase payments
paid|||||~33,353)|(259)
~46379)|
|ptet cash pmvided
by operating
activities|||||941,758|~563506|
|Cash flows from investing||activities|||||
|Purchase oftangible fixed|assets||||(5$,853)|(960,751)|
|Interest received||||||3,154|
|Piet cash used in investing|activities||||~5IIll53|~957,597)|
|Cash flows from financing||activities|||||
|Capital repayineuts
in year|||||~278,429)|562,022|
|Net cash (used in)/provided||by financing||activities|~278,429)|~562022|
|Change in cash and cash equivalents|||in||||
|the reporting
period|||||604,476|167,93l|
|Cash and cash equivalents||at the|||||
|beginning
ofthe reporting||period|||1,072,617|904,686|
|Cash and cash equivalents||at the end|of||||
|the reporting period|||||1,677,093|1,072,617|
##
##
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##
##
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##
##
##
##
##
||Unrestricted|Funds|Restricted|Funds|Total|Funds||
|---|---|---|---|---|---|---|---|
|||As restated||As restated||As|restated|
||31/07/2023|31/07/2022|31/07/2023|31/07/2022|31/07/2023|31/07/2022||
||||8|||||
|Donations|4,684|3,095|5,784|22,652|10,468||25,747|
|Other government||||||||
|grants|60,465|40,018|20&032|94,519|80,497||134,537|
|Other grants|||92,225|34,319|92225||34319|
|Total|65,149|43,113|118042|151490|183,190||194603|
##
|||Unrestricted|Funds|Restricted|Funds|Total|Funds|
|---|---|---|---|---|---|---|---|
|||As restated|||As restated||As restated|
|||31/07/2023|31/07/2022|31/07/2023|3I/07/2022|31/07/2023|31/07/2022|
|||||f||||
|Core|Government|||||||
|gratlts||3,082,928|2,225,614|||3,082,928|2,225,614|
|Total||3 002,928|2225614|||3082928|2225,614|
##
|||Unrestricted|Unrestricted|Funds|Restricted|Funds|Total|Funds|
|---|---|---|---|---|---|---|---|---|
||||As restated|||As restated||As restated|
|||31/07/2023|31/07/2022||31/07/2023|31/07/2022|31/07/2023|3I/07/2022|
|||f||f|||||
|Fundraising|events|12,040||1,132|||12,040|1,132|
|Rents received||22,215||13,654|||22&215|13,654|
|Total||34355||14,786||||14,786|
##
||||Total|Funds|
|---|---|---|---|---|
||||31/07/2023|31/07/2022|
|||||f|
|Wages|snd|salaries|34169|23 971|
|Total|||34,169|23,971|
##
##
|Wages and salaries|
|---|
|Professional
services|
|Learning resources|
|Catering costs|
|College trips|
|Total|
|31/07/2023|31/07/2022|
|---|---|
|1,304,006|l,001,447|
|11,514|17,976|
|8,718|7,791|
|6,295|5,831|
|39640|8,634|
|I 70173|1,041679|
##
||Total|Funds|
|---|---|---|
||31/07/2023|31/07/2022|
||8|5|
|Wages and salaries|419,175|346,654|
|Advertising|11,352|1,831|
|Bank charges|771|543|
|Hire purchase
interest|33,353|46,559|
|Depreciation|193,933|155,362|
|Sundry expenses|3,205|1,304|
|Postage and stationery|16,928|9,402|
|Other staff costs|32,042|11,997|
|Operating
leases|153,107|149,542|
|Telephone|6,675|4,963|
|Stafftraining|12,911|6,535|
|Repairs and maintenance|18,073|24,258|
|Cleaning|58,430|38,027|
|Rates and water|6,965|5,131|
|Light snd hest|11,085|14,370|
|Premises rent|65,763|37,083|
|Insurance|28,848|21,918|
|Travel|27,744|20,584|
|Computer
expenses|45,260|34,724|
|Governance
costs:|||
|Auditors'
remuneration|8&400|7,860|
|Accountancy|10,569|10890|
|Total|1,164589|949,537|
##
##
|ST|AFF COSTS AND REMUNERATION
OF|KEYPERSONNEL||
|---|---|---|---|
|||Year Ended|Year Ended|
|||31.7.23|31.7.22|
|Wages|and salaries|1,415@33|1,119,153|
|Social|security costs|127,299|98,380|
|Other|pension costs|214,718|154,539|
|||1,757,350|1,372,072|
|Year Eaded|Year ended|
|---|---|
|31.7.23|31.7.22|
|57|51|
|Year Ended|Year ended|
|---|---|
|31.7.23|31.7.22|
|45|38|
##
##
##
||||||Year ended|Year ended|
|---|---|---|---|---|---|---|
||||||31/07/2023|3I/07/2022|
|Depreciation|||||193,933|155,362|
|Auditors'|remuneration|for audit services|||8,400|7,860|
|Auditors'|remuneration|for non-audit|services||10,569|10,890|
|Operating|lease rentals||||153,107|149,542|
|TANGIBLE FIXED||ASSETS|||||
|||||Improvements|||
|||||to|College||
|||||property|equipment
f|Totals|
|COST|||||||
|At l August 2022||||1,562,350|106,693|1,669,043|
|Additions||||47,005|11,848|~58853|
|At 31July|2023|||1~609 55|118,541|1~727896|
|DEPRECIATION|||||||
|At I August 2022||||194,657|40„t/01|235,558|
|Charge for year||||~168915|25,018|~193933|
|At 31 July|2023|||363,572|65,919|~429491|
|NET BOOKVALUE|||||||
|At 31July|2023|||1~245783|~52 622|1~298405|
|At 31July|2022|||1~367693|65,792|1~433,485|
##
|||2023|2022|
|---|---|---|---|
||||5|
|Improvements|to property|748,268|851,823|
|College equipment||2,072|~2695|
|||7~50
0|854,518|
##
|13|DEBTORS:A|MOUNTS|FALLING DU|E W|ITHIN ONE YEAR||
|---|---|---|---|---|---|---|
||||||2023|2022|
|||||||5|
||Trade debtors||||1&910|7,966|
||Other debtors||||500|3,750|
||Prepayments
and accrued||income||43,405|20,202|
||||||~45 815|~31 918|
|14.|CREDITORS: AMOUNTS FALLING|||DUE|WITHIN ONE YEAR||
||||||2023|2022|
||||||5|f|
||Hire purchase (see note 16)||||278,429|297,361|
||Trade creditors||||17,021|33,260|
||Social security
and other||taxes||125|82|
||Other creditors||||9,546|8,388|
||Accruals and deferred income||||117,933|53,683|
||||||~423 054|~392 774|
|15.|CREDITORS: AMOUNTS FALLING|||DUE|AFTER MORE THAN ONE YEAR||
||||||2023|2022|
||Hire purchase|(see note|16)||72,231|350,660|
|16.|LEASING AGREEMENTS||||||
||Minimum
lease|payments|under hire purchase||fall due as follows:||
||||||2023|2022|
||||||5|6|
||Net obligations|repayable:|||||
||Within one year||||278,429|297,361|
||Between one and five years||||72,231|350,660|
||||||~350660|648,021|
|17.|OPERATING|LEASE|||||
||Minimum
lease|payments|under operating|leases fall due as follows:|||
||||||2023|2022|
||Net obligations|repayable:|||||
||Within one year||||161,924|217,966|
||Between one and five years||||128,671|304,350|
||||||290,595|522,316|
##
|18.|MOVEMENT|IN FUNDS|||||||
|---|---|---|---|---|---|---|---|---|
||||||||Net||
||||||||movement|At|
||||||At 1.8.22||in funds|31.7.23|
||||||f||||
||Unrestricted
funds||||||||
||General fund||||1,685,617||6$7,499|2,373,116|
||Restricted funds||||||||
||Restricted fund||||108,969||43,943|152,912|
||TOTAL FUNDS||||1~794|6|~731 442|2~526028|
||Net movement|in funds, included||in the above are as follows:|||||
||||||Incoming||Resources|Movement|
||||||resources||expended|in funds|
||||||||Itransfers||
||Unrestricted
funds||||||||
||General fund||||3,182,332||(2,494,833)|687,499|
||Restricted funds||||||||
||Restricted fund||||118,041||(74,098)|43&943|
||TOTAL FUNDS||||», »3»||~2N»I|»&,442|
||Compsratives
for movement||in funds||||||
||||||||Net||
||||||||movement|At|
||||||At 1.$.21||in funds|31.7.22|
|||||||||f,|
||Unrestricted
funds||||||||
||General fund||||1,229,724||455,893|1,685,617|
||Restricted funds||||||||
||Restricted fund||||145,046||(36&077)|108,969|
||TOTAL FUNDS||||1,374,770||419,816|1,794,586|
##
##
|Comparative
net movement
in funds, includ|ed
in the above are as follows:|||
|---|---|---|---|
||Incoming|Resources|Movement|
||resources
f|expended|in funds|
|Unrestricted
funds||||
|General fund|2,283,513|(1,827,620)|455,893|
|Restricted funds||||
|Restricted fund|151,490|(187,567)|(36,077)|
|TOTALFUNDS|3433993|~933187|419816|
##
##
|||Movement|in funds|||
|---|---|---|---|---|---|
||Balance atI|Incoming|Resources|Transfers|Balance at 31|
||August 2022|resources|expended||July 2023|
||||||8|
|Colyer Ferguson|2,180|44,500|(5,659)||41,021|
|Free school meals|10,558|3,352|(3,326)||10,584|
|KCC (Building|24,762||(22,188)|(2,492)|82|
|improvements)||||||
||5,467||(5,467)|||
|Royal Botanical Gardens|200||||200|
|Kent Active|500||||500|
|Justgiving|138|3,108|(2,927)||319|
|Worshipful
Company of|729||(251)||478|
|Information
Technologists||||||
|The BigLottery Fund|2,282|||(2,169)|113|
|Kent Community||1,100|(974)||126|
|Foundation||||||
|NINVEHEH Trust||2,500|||2,500|
|Masonic Charitable||1,000|(97)||903|
|Foundation||||||
|KCCF||15,400|(5,000)||10,400|
|All About Modular||1,500|||1,500|
|Donations||176|||176|
|Tonbridge
and Mailing||6,000|||6,000|
|Borough Council||||||
|The Careers and|1,000||(823)||177|
|Enterprise
Company||||||
|Deparunent
for Work and||20,450|(20,450)|||
|Pensions||||||
|BNYMellon||2,275|(2,275)|||
|Department
for Education|61,153|16,680|||77,833|
||108,969|118,041|(69,437)|(4,661)|152,912|
##
##
##
##
##
||||Year Ended|Year Ended|
|---|---|---|---|---|
||||31.7.23|31.7.22|
||||f.|6|
|Net income for the|reportiug period (as per the Statement ofFinaacial||||
|Activities)|||731,442|419,816|
|Adjustments
for:|||||
|Depreciation
charges|||193,933|155,363|
|Interest received||||(3,154)|
|Interest paid||||259|
|Interest element ofhire purchase||and finance lease rental payments|33,353|46,379|
|Decrease/(Increase)
Increase in creditors|in debtors||(13,897)
~30 280|(28,168)
19,649|
|Net cash provided|by operations||975,111|610,144|
##
||At 1.8.22|Cash flow|At31.7.23|
|---|---|---|---|
|Net cash||||
|Cash at bank and in hand|1,072,617|604,476|1~677,093|
||1,072,617|604,476|1,677,093|
|Debt||||
|Finance leases|648 021|297,361|~350,660|
||64S,021|297,361|(350,660)|
|Total|~424 596|901,837|1~26,433|
##