## ## ## |||**Page**| |---|---|---| |**Reference and Administrative Details of the Company, its Trustees and Advisers**||**1**| |**Trustees Report**|**•**|**2 −4**| |**Independent Examiner's Report**||**5**| |**Statement of Financial Activities**||**6**| |**Balance Sheet**||7| |**Notes to the Financial Statements**||**8 −19**| ## |**Reference **|**and Administrative Details of the Company, its Trustees and Advisers**| |---|---| ||**For the Year Ended 31 July 2023**| |**Trustees**|E A Halton, Chair| ||A Gillett| ||R J Halton| ||K Bussey (appointed 15 June 2023)| |**Company registered**|| |**number**|11813984| |**Charity registered**|| |**number**|1188035| |**Registered office**|C/O Fortis Trust Churchill Avenue| ||Chatham| ||Kent| ||ME5 OLB| |**Accountants**|Williams Giles Professional Services Ltd| ||12 Conqueror Court| ||Sittingbourne| ||Kent| ||ME10 5BH| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||**Restricted**|**Total**|_Total_| |---|---|---|---|---| |||**funds**|**funds**|_funds_| |||**2023**|**2023**|_2022_| ||**Note**|**£**|**£**|r| |**Income from:**||||| |Donations and legacies|4|**27,902**|**27,902**|_10,399_| |Charitable activities|5|**409,932**|**409,932**|_304,637_| |Other income|6|||_140_| |**Total income**||**437,834**|**437,834**|_315,176_| |**Expenditure on:**||||| |Charitable activities|7|**323,928**|**323,928**|_242,619_| |**Total expenditure**||**323,928**|**323,928**|_242,619_| |**Net movement in funds**||**113,906**|**113,906**|_72,557_| |**Reconciliation of funds:**||||| |Total funds brought forward||**102,466**|**102,466**|_29,909_| |Net movement in funds||**113,906**|**113,906**|72,557| |**Total funds carried forward**||**216,372**|**216,372**|_102,466_| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||**Restricted**||| |---|---|---|---|---| ||**Restricted**|**fixed asset**|**Total**|_Total_| ||**funds**|**funds**|**funds**|_funds_| ||**2023**|**2023**|**2023**|_2022_| ||**£**|**£**|**£**|**£**| |Capital Grants|50|27,852|**27,902**|_10,399_| |_Total 2022_|_10,399_||_10,399_|| ## ||**Restricted**|**Total**|_Total_| |---|---|---|---| ||**funds**|**funds**|_funds_| ||**2023**|**2023**|_2022_| ||**£**|£|£| |ESFA/LA grants|409,932|**409,932**|_304,637_| |_Total 2022_|_304,637_|_304,637_|| ## ## ## ## ||||**Unrestricted**|**Total**|_Total_| |---|---|---|---|---|---| ||||**funds**|**funds**|_funds_| ||||**2023**|**2023**|_2022_| ||||**£**|**£**|_r_| |Other|incoming|resources||−|_140_| |_Total_|_2022_||_140_|_140_|| ## ## ||**Restricted**||| |---|---|---|---| ||**funds**|**Total**|Total| ||**2023**|**2023**|_2022_| ||**£**|**£**|_r_| |Educational support services|323,928|**323,928**|_242,619_| |_Total 2022_|_242,619_|_242,619_|| ## ||**Activities**|||| |---|---|---|---|---| ||**undertaken**|**Support**|**Total**|_Total_| ||**directly**|**costs**|**funds**|_funds_| ||**2023**|**2023**|**2023**|_2022_| ||**£**|**£**|**£**|_£_| |Educational support services|5,616|318,312|**323,928**|_242,619_| |_Total 2022_|_6,294_|_236,325_|_242,619_|| ## ## ## ## ||**Educational**||| |---|---|---|---| ||**support**|**Total**|_Total_| ||**services**|**funds**|_funds_| ||**2023**|**2023**|_2022_| ||**£**|**£**|_£_| |Staff development|4,420|**4,420**|_5,346_| |Student development|1,196|**1,196**|_948_| ||5,616|**5,616**|_6,294_| |_Total 2022_|_6,294_|_6,294_|| |**Analysis of support costs**|||| ||**Educational**||| ||**support**|**Total**|_Total_| ||**services**|**funds**|_funds_| ||**2023**|**2023**|_2022_| ||**£**|**£**|_£_| |Student development|2,125|**2,125**|_1,018_| |Supplies and material|2,639|**2,639**|_1,803_| |Marketing & Public Relations|2,113|**2,113**|_989_| |Telephone|2,081|**2,081**|_2,750_| |Rent or lease of buildings|24,253|**24,253**|_24,185_| |General administrative expenses|3,800|**3,800**|_2,243_| |Depreciation|2,255|**2,255**|_961_| |Travel|122|**122**|| |Legal and professional fees|||_845_| |Charitable contributions|104|**104**|_66_| |Staff Wages|219,477|**219,477**|_149,249_| |Sundry|||_100_| |Management Charges|59,343|**59,343**|_52,116_| ||318,312|**318,312**|_236,325_| |_Total 2022_|_236,325_|_236,325_|| ## ## ## ## ||**2023**|_2022_| |---|---|---| ||**E**|r| |Fees payable to the Company's independent examiner for the independent||| |examination of the Company's annual accounts|**1,800**|_1,800_| ## ## ||**Fixtures and**|**Office**|**Computer**|| |---|---|---|---|---| ||**fittings**|**equipment**|**equipment**|**Total**| ||**E**|**E**|**E**|**E**| |**Cost or valuation**||||| |At 1 August 2022||**2,562**||**2,562**| |Additions|**662**||**7,647**|**8,309**| |Transfers between classes||**(2,562)**|**2,562**|| |At 31 July 2023|**662**||**10,209**|**10,871**| |**Depreciation**||||| |At 1 August 2022||**1,601**||**1,601**| |Charge for the year|**61**||**2,194**|**2,255**| |Transfers between classes||**(1,601)**|**1,601**|| |At 31 July 2023|**61**||**3,795**|**3,856**| |**Net book value**||||| |At 31 July 2023|**601**||**6,414**|**7,015**| |_At 31 July 2022_||_961_|_−_|_961_| ## ## ## ## ||**2023**|_2022_| |---|---|---| ||**£**|_r_| |**Due within one year**||| |Trade debtors|**98,682**|_15_| |Prepayments and accrued income|**9,875**|**−**| ||**108,557**|_15_| ## ||**2023**|_2022_| |---|---|---| ||**£**|_r_| |Trade creditors|**2,657**|−| |Accruals and deferred income|**2,280**|_31,694_| ||**4,937**|_31,694_| ## ## ## ## ## ||**Balance at 1**|||**Transfers**|**Balance at**| |---|---|---|---|---|---| ||**August 2022**|**Income **|**Expenditure**|**in/out **|**31 July 2023**| |**Restricted funds**|||||| |DfE /ESFA revenue grants|**102,466**|**246,381**|**(158,072)**|**(961)**|**189,814**| |Other government revenue|||||| |grants||**138,506**|**(138,506)**||| |Local authority−top up||**25,095**|**(25,095)**||| ||**102,466**|**409,982**|**(321,673)**|**(961)**|**189,814**| |**Restricted fixed asset funds**|||||| |Assets held for depreciation|||**(2,255)**|**9,270**|**7,016**| |Capital grants||**27,852**||**(8,309)**|**19,543**| |||**27,852**|**(2,255)**|**961**|**26,558**| |**Total Restricted funds**|**102,466**|**437,834**|**(323,928)**||**216,372**| |**Statement of funds −prior year**||||| |---|---|---|---|---| ||_Balance at_|||| ||_1 August_|||_Balance at_| ||_2021_|_Income_|_Expenditure_|_31 July 2022_| |**Restricted funds**||||| |DfE /ESFA revenue grants|_29,909_|_315,176_|_(242,619)_|_102,466_| ## ## ## ## |**Summary **|**of funds −curre**|**nt year**||||| |---|---|---|---|---|---|---| |||**Balance at 1**|||**Transfers**|**Balance at**| |||**August 2022**|**Income **|**Expenditure**|**in/out **|**31 July 2023**| |||**£**|**£**|**£**|**£**|**£**| |**Restricted**|funds|**102,466**|**409,982**|**(321,673)**|**(961)**|**189,814**| |Restricted|fixed asset funds||**27,852**|**(2,255)**|**961**|**26,558**| |||**102,466**|**437,834**|**(323,928)**||**216,372**| |**Summary **|**of funds −prior**|**year**||||| ||||_Balance at_|||| ||||_1 August_|||_Balance at_| ||||_2021_|_Income_|_Expenditure _|_31 July 2022_| |Restricted|funds||_29,909_|_315,176_|_(242,619)_|_102,466_| ## ## |**Analysis of net assets between funds −curr**|**ent year**||| |---|---|---|---| |||**Restricted**|| ||**Restricted**|**fixed asset**|**Total**| ||**funds**|**funds**|**funds**| ||**2023**|**2023**|**2023**| ||**E**|**E**|**E**| |Tangible fixed assets||7,015|**7,015**| |Current assets|194,751|19,543|**214,294**| |Creditors _due_within one year|(4,937)||**(4,937)**| |**Total**|189,814|26,558|**216,372**| ## |**Analysis of net assets between funds −prior year**||| |---|---|---| ||_Restricted_|_Total_| ||_funds_|_funds_| ||_2022_|_2022_| |Tangible fixed assets|_961_|_961_| |Current assets|_133,199_|_133,199_| |Creditors due within one year|_(31,694)_|_(31,694)_| |**Ttl**|_102,466_|_102,466_| ## ## |At 31 July 2023 the Company had commitments to make futu
cancellable operating leases as follows:|re minimum lease payments|under non| |---|---|---| ||**2023**|_2022_| ||**E**|| |Not later than 1 year|**19,327**|_21,084_| |Later than 1 year and not later than 5 years||_19,327_| ||**19,327**|_40,411_| ## ## ## ##