| Page | |||||
|---|---|---|---|---|---|
| Reference and Administrative | Details ofthe Charity, | its Trustees | and Advisers | 1-2 | |
| Trustees' Report |
3-14 | ||||
| Independent Auditors' |
Report | on the Financial Statements | 15-18 | ||
| Statement of Financial |
Activities | 19 | |||
| Balance Sheet | 20 | ||||
| Statement ofCash Flows |
21 | ||||
| Notes to the Financial | Statements | 22 - 34 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2023 | 2023 | 2022 | |||
| Note | 6 | F | 5 | ||
| Income from: | |||||
| Donations and legacies |
331,396 | 331,396 | 330,972 | ||
| Charitable activities |
6,733,245 | 6,733,245 | 6,080,798 | ||
| Other trading activities |
1,794 | 1,794 | 8,280 | ||
| Investments | 7 | 7 | 119 | ||
| Total income | 7,066,442 | 7,066,442 | 6,420,167 | ||
| Expenditure on: |
|||||
| Raising funds | 7 | 23,004 | |||
| Charitable activities |
8 | 6,498,466 | 6,498,466 | 5,505,139 | |
| Total expenditure | 6,498,466 | 6,498,466 | 5,528,143 | ||
| Net movement in funds |
567,976 | 567,976 | 892,024 | ||
| Reconciliation offunds: |
|||||
| Total funds brought | forward | 1,221,749 | 1,221,749 | 329,725 | |
| Net movement in funds |
567,976 | 567,976 | 892,024 | ||
| Total funds carried forward | 1,789,725 | 1,789,725 | 1,221,749 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| F | ||||||
| Cash flows from operating | activities | |||||
| Net cash | used in operating | activities | 296,804 | 1,425,294 | ||
| Cash flows from investing | activities | |||||
| Dividends, | interests and rents from investments |
7 | 119 | |||
| Purchase | oftangible fixed assets |
(56,338) | (27,943) | |||
| Net cash | used in investing | activities | (56,331) | (27,824) | ||
| Change | in cash and cash | equivalents in |
the year | 240,473 | 1,397,470 | |
| Cash and | cash equivalents | at the beginning | ofthe year | 1,981,406 | 583,936 | |
| Cash and cash equivalents | at the end of | the year | 2,221,879 | 1,981,406 | ||
| The notes on pages 22 to 34form part ofthese financial statements |
| Unrestricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | |||||
| 2023f | 2023 F |
2022 8 |
|||||
| Government | grants | ||||||
| LEA Special | Educational | Needs | funding | 133,176 | 133,176 | '/23, 425 | |
| LEA EYFSfunding | 177,072 | 177,072 | 191,394 | ||||
| Ukraine Education |
and | Childcare | Grant | 5,750 | 5,750 | 7,939 | |
| 315,998 | 315,998 | 322,758 | |||||
| Donations | 15,398 | 15,398 | 8,214 | ||||
| 331,396 | 331,396 | 330,972 |
| 4. | Income from | charitable | activities | activities | |||
|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Total | |||||
| funds | funds | funds | |||||
| 2023f | 2023 F |
2022 F |
|||||
| School fees | 7,402,700 | 7,402,700 | 6,710,999 | ||||
| Scholarships, | bursaries | and | allowances | (669,455) | (669,455) | (630,203) | |
| 6,733,245 | 6,733,245 | 6,080,796 | |||||
| 5. | Income from | other trading | activities | ||||
| Income from | fundraising | events | |||||
| Unrestricted | Total | Total | |||||
| funds | funds | funds | |||||
| 2023 | 2023 | 2022 | |||||
| F | F | F | |||||
| School shop | income | 1,794 | 1,794 | 8,280 | |||
| 6. | Investment | income | |||||
| Unrestricted | Total | Total | |||||
| funds | funds | funds | |||||
| 2023 | 2023 | 2022 | |||||
| 6 | F | F | |||||
| Interest received | 119 |
| Unrestricted | Total | Total |
|---|---|---|
| funds | funds | funds |
| 2023 | 2023f | 2022 |
| 23,004 |
| Unrestricted | ||||
|---|---|---|---|---|
| funds | Total | Total | ||
| 2023f | 2023f | 2022f | ||
| Educational | operations | 6,498,466 | 6,498,466 | 5,505,139 |
| Activities | |||||
|---|---|---|---|---|---|
| undertaken | Support | Total | Total | ||
| directly | costs | funds | funds | ||
| 2023 | 2023 | 2023 | 2022 | ||
| 5 | |||||
| Educational | operations | 4,302,497 | 2,195,969 | 6,498,466 | 5,505,139 |
| Total 2022 | 3,768,614 | 1,736,525 | 5,505,139 |
| Total | Total | ||||||
|---|---|---|---|---|---|---|---|
| funds | funds | ||||||
| 2023 | 2022 | ||||||
| F | 5 | ||||||
| Staff costs | 3,753,221 | 3,442,270 | |||||
| Educational | supplies | 170,292 | 178,906 | ||||
| Disbursements | (including | exam fees and school trips) | 373,526 | 138,186 | |||
| Staff training | 4,461 | 8,254 | |||||
| Medical supplies | 997 | 998 | |||||
| 4,302,497 | 3,768,614 | ||||||
| Analysis of |
support | costs | |||||
| Total | Total | ||||||
| funds | funds | ||||||
| 2023 | 2022 | ||||||
| 5 | |||||||
| Staff costs | 896,969 | 850,237 | |||||
| Depreciation | 47,371 | 30,334 | |||||
| Rent | 495,677 | 470,600 | |||||
| Rates | 40,359 | 31,519 | |||||
| Repairs and | maintenance | 83,736 | 64,839 | ||||
| Utilities | 389,802 | 119,184 | |||||
| Cleaning | 24,888 | 20,701 | |||||
| Office costs | 87,215 | 81,656 | |||||
| Insurance | 68,554 | 55,518 | |||||
| Publicity, hospitality |
and | miscellaneous | costs | 25,943 | 22,223 | ||
| Transport costs | 13,203 | 10,593 | |||||
| Bad debts | (45,006) | (153,593) | |||||
| Bank charges | 14,516 | 22,251 | |||||
| Professional | fees | 29,582 | 42,728 | ||||
| Governance | costs | 23,160 | 67,735 | ||||
| 2,195,969 | 1,736,525 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| F | E | ||||||
| Fees payable | to the Charity's | auditor | for the audit ofthe Charity's | annual | |||
| accounts | 17,160 | 15,600 | |||||
| Fees payable | to the Charity's | auditor | in respect of: | ||||
| All non-audit | services not included | above | 3,260 | 3,000 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| F | |||||
| Wages and | salaries | 3,716,529 | 3,429,679 | ||
| Social security costs | 340,969 | 317,955 | |||
| Contribution | to defined | contribution | pension schemes | 592,692 | 544,873 |
| 4,650,190 | 4,292,507 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| No. | No. | |||
| Teaching | 68 | 66 | ||
| Nursery and |
classroom | assistants | 46 | 45 |
| Administrative | 10 | 11 | ||
| Domestic | 8 | 7 | ||
| Maintenance | 10 | 8 | ||
| 142 | 137 |
| 2023 | 2022 |
|---|---|
| No. | No. |
| Motor | Fixtures and | Computer | ||
|---|---|---|---|---|
| vehicles | fittings f |
equipment | Total f |
|
| Cost | ||||
| At 1 September 2022 | 10,779 | 49,318 | 52,928 | 113,025 |
| Additions | 20,514 | 3,186 | 32,638 | 56,338 |
| At 31 August 2023 | 31,293 | 52,504 | 85,566 | 169,363 |
| Depreciation | ||||
| At 1 September 2022 | 6,274 | 16,134 | 16,264 | 38,672 |
| Charge for the year | 7,482 | 12,225 | 27,664 | 47,371 |
| At 31 August 2023 | 13,756 | 28,359 | 43,928 | 86,043 |
| Net book value | ||||
| At 31 August 2023 | 17,537 | 24,145 | 41,638 | 83,320 |
| 2023f | 2022f | ||
|---|---|---|---|
| Due within one year | |||
| Trade debtors | 230,429 | 212,157 | |
| Other debtors | 10,261 | ||
| Prepayments | and accrued income | 28,241 | 47,828 |
| 258,670 | 270,246 |
| 2023f | 2022 | |||
|---|---|---|---|---|
| Trade creditors | 45,728 | 22,001 | ||
| Other taxation | and social security | 77,036 | 76,238 | |
| Other creditors | 173,960 | 100,044 | ||
| Accruals and deferred |
income | 477,420 | 905,973 | |
| 774,144 | 1,104,256 |
| Balance at 1 | Balance at | ||||||
|---|---|---|---|---|---|---|---|
| September 2022 |
Income | Expenditure F |
Transfers in/out 6 |
31August 2023 F |
|||
| Unrestricted | funds | ||||||
| General | Fund | 1,147,396 | 7,066,376 | (6,451,029) | (56,338) | 1,706,405 | |
| Fixed asset reserve | 74,353 | (47,371) | 56,338 | 83,320 | |||
| 1,221,749 | 7,066,376 | (6,498,400) | 1,789,725 | ||||
| Statement offunds - prior year | |||||||
| Balance at | Balance at | ||||||
| 1September | Transfers | 31August | |||||
| 2021 | Income | Expenditure | in/out | 2022 | |||
| F | F | F | F | ||||
| Unrestricted | funds | ||||||
| General | Fund | 252,981 | 6,420,157 | (5,497,809) | (27,943) | 1,147,396 | |
| Fixed asset reserve | 76,744 | (30,334) | 27,943 | 74,353 | |||
| 329,725 | 6420,167 | (5,528,143) | 1,221,749 |
| Balance at 1 | Balance at | |||||
|---|---|---|---|---|---|---|
| September | Transfers | 31August | ||||
| 2022 E |
Income f |
Expenditure E |
in/out | 2023 | ||
| General | funds | 1,221,749 | 7,066,376 | (6,498,400) | 1,789,725 |
| Unrestricted | Total |
|---|---|
| funds | funds |
| 2023f | 2023 F |
| 83,320 | 83,320 |
| 2,480,549 | 2,480,549 |
| (774,144) | (774,144) |
| 1,789,725 | 1,789,725 |
| Tangible | fixed | assets | ||
|---|---|---|---|---|
| Current | assets | |||
| Creditors | due | within | one | year |
| Unrestricted | Total |
|---|---|
| funds | funds |
| 2022 | 2022 |
| 74,353 | 74,353 |
| 2,251,652 | 2,251,652 |
| (1,104,256) | (1,104,256) |
| 1,221,749 | 1,221,749 |
| Reconciliation of n |
et movement | in funds to net cas | h flow from opera | ting activities |
|
|---|---|---|---|---|---|
| 2023 | 2022f | ||||
| Net income for the year (as per Statement of Financial | Activities) | 567,976 | 892,024 | ||
| Adjustments for: |
|||||
| Depreciation charges |
47,371 | 30,334 | |||
| Dividends, interests |
and rents from | investments | (7) | (119) | |
| Decrease in debtors |
11,576 | 76,859 | |||
| Increase/(decrease) | in creditors | (330,112) | 426,196 | ||
| Net cash provided | by operating | activities | 296,804 | 1,425,294 |
| Cash in | hand | ||
|---|---|---|---|
| 21. | Analysis | of changes | in net debt |
| 2023 f |
2022 f |
|---|---|
| 2,221,879 | 1,981,408 |
| At 1 | ||||||||
|---|---|---|---|---|---|---|---|---|
| September | At 31 | |||||||
| 2022 | Cash flows | August 2023 | ||||||
| F | ||||||||
| Cash | at | bank | and | in | hand | 1,981,406 | 240,473 | 2,221,879 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| 5 | ||||
| Not later than | 1 year | 201,444 | 215,479 | |
| Later than | 1 year and not later than 5years | 99,066 | 248,499 | |
| Later than | 5 years | 6,500 | 9,000 | |
| 307,010 | 472,978 |