2022-07-31-accounts

			Page
Reference and Administrative Details
Report ofthe Trustees		2	to	6
Governance Statement		7	to	10
Statement on Regularity, Propriety	and Compliance
Statement ofTrustees' Responsibilities
Report ofthe Independent A.uditor		13	to	15
Independent Accountant's Report	on Regularity		16
Statement ofFinancial Activities			17
Balance Sheet			18
Cash Flow Statement			19
Notes to the Cash Flow Statement			20
Notes to the Financial Statements		21	to	31

MEMBERS:		A Clinton
		M Sartin
		A Cornish
TRUSTEES		SLorenzato
		SKRayatt
		K O' Sullivan	Chair
		TBrennan
REGISTERED	OFFICE	Great Oaks College
		Gresham Road
		Hounslow
		Middlesex
		TW3 4BX
REGISTERED	COMPANY	11074784(England		and Wales)
NUMBER

SENIOR STATUTORY AUDITOR	SENIOR STATUTORY AUDITOR	lan SAnderson
AUDITOR		Ian SAnderson
		Chartered Accountant &Statutory Auditor
		Greengarth
		Thicket Grove
		Maidenhead
		Berkshire
		SL64LW
SOLICITORS		Browne Jacobson
		Mowbray House
		Castle Meadow Road
		Nottingham
		NG2 1BJ
SENIOR MANAGEMENT	TEAM	N Thomas -Head Teacher
		P Jalan -Business Manager

Key performance	Indicator		Measure/Target		Actual	for 2021/22
Student number	targets		90			88
Student achievement/progression			Good Progress	68%Outstanding	23%	Good Progress
Students having	received work experience		35			35
Ofsted rating	-assessed at first monitoring	visit	Good	Significant progress		in all three areas

				Board attendance
Trustees	Date ofAppointment	Term ofoffice	Committees served	2021/22
			Board, Finance,
			audit resources &
SRayatt	21.11.2017/17.11.20	3 years	committee	2/4
			Board, Finance,
			audit &resources
SLorenzato	21.11.2017/17.11.20	3 years	committee	3/4
K O' Sullivan	21.11.2017/17.11.20	3years	Board	3/4
			Board, Finance,
			audit resources &
TBrennan	17.11.2020	3 years	committee	4/4

for the Year Ended	31Jul 2022
				2022	2021
				Unrestricted	Total
				fund	funds
			Notes
INCOME AND ENDOWMENTS FROM
Donations and capital	grants			63,832	64,910
Charitable activities
Funding for the College's educational		operations	4	3,528,756	2,988,623
Other trading activities				28,603	6,717
Total				3,621,191	3,060,250
EXPENDITURE ON
Charitable activities
College's educational	operations			2,485,811	1,721,236
Other				629,448	521,759
Total				3,115,259	2,242,995
NET INCOME				5059932	817,255
RECONCILIATION	OF FUNDS
Total funds brought	forward			1,448,018	630,763
TOTAL FUNDS CARRIED FORWARD				19953,950	1,448,018

		2022	2021
		Unrestricted	Total
		fund	funds
	Notes
FIXEDASSETS
Tangible assets	14	37,015	30,212
CURRENT ASSETS
Debtors	15	134,472	291,679
Cash at bank and in hand		2,228,103	1,647,411
		2,362,575	1,939,090
CREDITORS
Amounts falling due within one year	16	(445,640)	(521,284)
NET CURRENT ASSETS		1,916,935	1,417,806
TOTAL ASSETSLESSCURRENT
LIABILITIES		1,953,950	1,448,018
NET ASSETS		1,953,950	1,448,018
FUNDS	17
Unrestricted funds:
General fund		1,953,950	1,448,018
TOTAL FUNDS		1,953,950	1,448,018

Great Oaks Charitable T	r	ust
Cash Flow Statement
for the Year Ended 31Jul		2022
					2022	2021
				Notes
Cash flows from operating		activities
Cash generated f'rom operations					598,211	457,417
Net cash provided by operating activities					598,211	457,417
Cash flows from investing		activities
Purchase oftangible fixed assets					(35,636)	(34,583)
Transfer oftangible fixed assets					18,117
Net cash used in investing	activities				~17,519)	(34,583)
Change in cash and cash	equivalents		in
the reporting period					580,692	422,834
Cash and cash equivalents		at the
beginning ofthe reporting		period			1,647,411	1,224,577
Cash and cash equivalents		at the end	of
the reporting period					2,228,103	1,647,411

				2022	2021
Net income	for the	reporting	period (as per the Statement ofFinancial
Activities)				505,932	817,255
Adjustments	for:
Depreciation	charges			10,717	4,371
Decrease/(increase)		in debtors		157,207	(214,312)
Decrease in	creditors			(75,645)	(149,897)
Net cash provided		by operations		598,211	457,417

ANALYSIS OF CHANGES IN NET FUND	S
	At 1.8.21	Cash flow	At 31.7.22
Net cash
Cash at bank and in hand	1,647,411	580,692	2,228,103
	1,647,411	550 692	2,228,103
Total	1,647,411	580,692	2,228,103

Buildings	2%on cost
Plant &,equipment	10%to 16%on cost
Motor Vehicles	20%on cost
Computer equipment	33%on cost

DONATIONS	AND CAPITAL GRANTS
		2022	2021
Donations		393	103
Capital grants		15,699	38,939
Grants		47,740	25,868
		63,832	64,910
Other grants relate to:
Free school meals		22,753	19,163
Jack Petchey:
Achievement	award	850
16-19Tuition	funding	16,091
Bursary funding		~8046	6 706
		47,740	25,868

FUNDING	FO	R	THE COLLEGE'S EDUCATIONA	L OPERATIONS
				2022	2021
				Unrestricted	Total
				funds	funds
Education	fees	dk	funding	3,528,756	2,988,623

						2022	2021
Catering income						267955	6,404
Uniforms	income					609	313
Events &trip income						1,039
						28,603	6,717
EXPENDITURE
						2022	2021
			Non-pay	expenditure
			Staff		Other
			costs	Premises	costs	Total	Total
Charitable		activities
College's	educational		operations
Direct costs			1,895,979		189,326	2,085,305	1,561,417
Allocated	support costs			214,948	185,558	400,506	159,819
			1,895,979	214,948	374,884	2,485,811	1,721,236
Other			629,448			629,448	521,759
			2,525,427	214,948	374,884	3,115,259	2,242,995
Net income/(expenditure)			is stated after charging/(crediting):
						2022	2021
Depreciatio	n	- owned assets				10)716	4,371

	CHARITABLE ACTIVITIES —COLLEGE'S EDUCATIONAL	CHARITABLE ACTIVITIES —COLLEGE'S EDUCATIONAL	CHARITABLE ACTIVITIES —COLLEGE'S EDUCATIONAL	CHARITABLE ACTIVITIES —COLLEGE'S EDUCATIONAL	CHARITABLE ACTIVITIES —COLLEGE'S EDUCATIONAL	OPERATIONS	OPERATIONS
							2022	2021
							Unrestricted	Total
							funds	funds
	Direct costs						2,085,305	1,561,417
	Support costs						400,506	159,819
							2,485,811	1,721,236
							2022	2021
							Total	Total
	Analysis ofsupport	costs
	Depreciation						10,717	4,371
	Office &advertising	costs					73,067	12,986
	Premises costs						214,948	112,110
	Other support costs						101,674	30,352
	Governance costs						100
	Total support costs						400,506	159,819
8.	SUPPORT COSTS
							Governance
					Management	Finance	costs	Totals
	College's educational	operations			380,993	19,413	100	400,506
9.	OTHER
	Other resources expended		include;
							2022	2021
	Financial statements	audit					%4,000	K4,000
	Assurance report						%750	6750
	Other services - accounting,			statutory	and taxation		R3,250	F3,250

STAFF COSTS
	2022	2021
Wages and salaries	1,994,321	1,651,908
Social security costs	145,277	85,356
Operating costs ofdefined benefit pension schemes	226,744	150,448
	2,366,342	1,887,712
Physio &therapy consultants	159,085	52,332
	2,525,427	1,940,044

COMPARATIVES	FOR THE STATEMENT OF FINANCIAL AC	TIVITIES
		Unrestricted
		fund
INCOME AND ENDOWMENTS FROM
Donations and capital	grants	64,910
Charitable activities
Funding for the College's educational
operations		2,988,623
Other trading activities		6,717
Total		3,060,250
EXPENDITURE ON
Charitable activities
College's educational	operations	1,721,236
Other		521,759
Total		2,242,995
NET INCOME		817,255
RECONCILIATION	OF FUNDS
Total funds brought	forward	630,763
TOTAL FUNDS CARRIED FORWARD		1,448,018

TANGIBLE FIXEDASSETS
		Office
	Plant &	furniture	Computer
	equipment	&equipment	equipment	Totals
COST
At 1 August 2021	25,523	6,551	2,509	34,583
Additions	8,205	13,140	14,291	35,636
Transfers	(16,444)		~2,509)	()S,953)
At 31 July 2022	17,284	19,691	14,291	51,266
DEPRECIATION
At 1 August 2021	2,552	983	836	4,371
Charge for year Eliminated on transfer	1,546	29953	6,217 ~836)	10,716 ~836)
At 31July 2022	4,098	3,936	6,217	14,251
NET BOOK VALUE
At 31 July 2022	13,186	15,755	S,074	37,015
At 31 July 2021	22,971	5,568	1,673	30,212
DEBTORS:AMOUNTS FALLING DUK WITHIN ONK YEAR
			2022	2021
Trade debtors			35,446	217,209
VAT			33,941	45,454
Prepayments &accrued income			65,085	29,016
			134,472	291,679
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			2022	2021
Trade creditors			24,353	54,477
Social security and other taxes			49,476	74,815
Other creditors			119,858	161,397
Accruals and deferred income			251,953	230,595
			445,640	521,284

MOVEMENT	IN FUNDS
					Net
					movement	At
				At 1.8.21	in funds	31.7.22
Unrestricted	fund
General fund				1,448,018	505,932	1,953,950
TOTAL FUNDS				1,448,018	505,932	1,953,950
Net movement	in funds, included		in the above are as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
Unrestricted	fund
General fund				3,621,191	(39115,259)	505,932
TOTAL FUNDS				3,621,191	~3,115,259)	505,932
Comparatives	for movement	in	funds
					Net
					movement	At
				At 1.8.20	in funds	31.7.21
Unrestricted	fund
General fund				630,763	817,255	1,448,018
TOTAL FUNDS				630,763	817,255	1,448,018

		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted	fund
General fund		3,060,250	(2,242,995)	817,255
TOTAL FUNDS		3,060,250	~2,242,995)	817,255