## ## ## |||||| |---|---|---|---|---| |CONTENTS||||PAGES| |Trustees, Officers and|Advisors|||| |Trustees'
Report||||3to 10| |Statement
ofTrustees'|responsibilities|||| |Independent
auditor's|report|||12 to 14| |Statement offinancial|activities (incorporating|income and expenditure|account)|15| |Balance sheet||||16| |Statement
ofcash flows||||17| |Notes to the financial|statements|||18 to 30| ## |TRUSTEES:|||| |---|---|---|---| |The Trustees as at the date|ofsigning these accounts|and those who served the Charity during the period were|| |as follows:|||| |Mr SKondel|Appointed|15'"February 2011(Chair from 17'"September 2020)|| |Mr M Ahmed|Appointed|30'"January 2015|| |Mr SSharma|Appointed|10'"October 2018,|Resigned 13'"November 2021| |Mr M A Reddy|Appointed|10'"October 2018|Resigned 28'" March 2023| |Mr P Gersh|Appointed|10'"October 2018|| |Mrs F Husain|Appointed|19'"September 2020|| |Ms SWood|Appointed|23' June 2021,|Resigned 16'" November 2021| |Ms J Roopra|Appointed|23"'June 2021|Resigned 31"August 2022| |Mrs A Nicholas|Appointed|22"'September 2021|| |Ms N Afzal|Appointed|10'"January 2022|| |Ms A Ghafoor|Appointed|4'" May 2022|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||Total|Total| |---|---|---|---|---|---|---|---| |||||||Funds|Funds for the| |||||||For the year|year ended| |||||Unrestncted|Restricted|ended 31st|31stAugust| ||||Notes|Funds|Funds|August 2022|2021| ||||||||(Unrestricted| ||||||||)| ||||||||E| |INCOMING|RESOURCES||||||| |Income from Charitable||activities:|||||| |School
Other|fees
educational
income||2|1,431,019
61,690||1,431,019
61,690|1,491,441
37,805| |Investment
income||||12||12|| |Donations|and Legacies||||||| |TOTAL INCOMING
RESOURCES||||1,492,721||1,492,721|1,529,249| |RESOURCES EXPENDED|||||||| |Charitable|Activities||||||| |School|operating
costs||7|1,662,872||1,662,872|1,695,745| |TOTAL RESOURCES EXPENDED|||7|1,662,872||1i662p872|1p695p745| |NET (OUTGOING)
RESOURCES FOR THE|||||||| |PERIOD|||8|(170,151)||(170,1511|(166,497)| |Fund balances brought||forward at 1|||||| |September|2021||14|594,767|5,063|599,830|766,327| |Fund balances carried forward at 31August|||||||| |2022|||14|424,616|5,063|429,679|599i830| ## |||2022|2021| |---|---|---|---| ||Note|f|f| |FIXEDASSETS|||| |Tangible assets||929,318|967,496| |||929,318|967,496| |CURRENT ASSETS|||| |Debtors
Cash at bank and in hand|10|38,153
145,608|39,637
242,462| |||183,761|282,099| |CREDITORS|||| |Amounts
falling due within one year|11|(523,529)|(455,527)| |NET CURRENT ASSETS/(LIABILITIES)||(339,768)|(173,429)| |TOTAL ASSETS LESS CURRENT LIABILITIES||589,550|794,067| |CREDITORS|||| |Amounts
due after more than one year|12|(159,871)|(194,237)| |NET ASSETS||429,679|599,830| |FUNDS|||| |Restricted|14|5,063|5,063| |Unrestricted|14|424,616|594,767| |TOTAL FUNDS||429,679|599,830| ## ## |||||||31stAugust|31stAugust| |---|---|---|---|---|---|---|---| ||||||Note|2022|2021| |||||||f|f| |Cash (used in)/provided
by operating||activities||||(63,051)|132,838| |Cash flows from investin
activities|||||||| |Interest income||||||12|| |Purchase oftangible
fixed assets|||||||(359)| |Cash used in investing
activities||||||12|(3561| |Cash flows from financin
activities|||||||| |Repayment
ofborrowing||||||(33,814)|(24,995)| |Cash inflows from new borrowing|||||||| |Cash increase( used) in financing|activities|||||(33,814)|(24,995)| |Increase/
(Decrease) in cash and|Cash|equivalents||in the|period|96 853|107487| |Cash and cash equivalents
at the|beginning||ofthe|period||242,462|134,975| |Total cash and cash equivalents
at the||end|ofthe|period||146 666|242 462| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |2.|SCHOOL FEES|SCHOOL FEES|||||| |---|---|---|---|---|---|---|---| |||||||Year ended|Year ended| |||||||31stAugust|31stAugust| |||||||2022|2021| |The schools' fee||income comprised:||||E|f| ||Gross fees due|||||1,505,347|1,553,643| ||Less: bursaries|||||(74,328)|(62,202)| |||||||1,431,019|1,491,441| |3.|INCOMING|RESOURCES FROM GENERATED FUNDS|||||| |||||||Year ended|Year ended| |||||||31stAugust|31stAugust| |||||||2022|2021| |||||||E|E| |Bank interest receivable||||||12|3| |4.|OTHER EDUCATIONAL
INCOME||||||| |||||||Year ended|Year ended| |||||||31stAugust|31stAugust| |||||||2022|2021| ||Other educational||charitable|activities||f|E| ||School trips|||||12,848|1,667| ||Registration|and exam fees||||13,177|7,760| ||Music, dance||lessons and|additional|fees|35,665|28,378| |||||||61,690|37,805| ## ## ## |Governance
costs:|||| |---|---|---|---| |||Year|Year| |||ended|ended| |||31st|31st| |||August|August| |||2022|2021| |Auditor's
remuneration||f|E| |-Audit service||15,000|15,000| |Apportionment
ofsenior staff costs
(Senior staff costs are apportioned|based on time spent)|15,000
30,000|15,000
30,000| |6.
TOTAL STAFF COSTS COMPRISED|||| |Wages and salaries
Social security costs
Staff recruitment
costs||1,001,562
102,542|981,585
99,048| |Pension contributions||197,591|205,427| |||1,301,695|1,286,060| |||||Year|Year| |---|---|---|---|---|---| |||||ended|ended| |||||31st|31st| |||||August|August| |||||2022|2021| |||||No.|No.| |Teaching||||23|28| |Administration||gt other||7|| |||||30|32| |The number ofhigher||paid employees|was:||| |Taxable emoluments||band: E60,001|- f70,000||| |The number of higher||paid employees|with retirement||| |benefits accruing|in Defined Benefit Schemes was||||| ## ## |||Staff Costs|Other|Deprecia-|Year|Year| |---|---|---|---|---|---|---| ||||Costs|tion|ended 31st|ended| ||||||August|31st| ||||||2022|August| ||||||Total|2021| ||||||E|E| |Charitable|activities:|||||| |Teaching
Premises
Support costs||1,140,335
146,360|88,818
30,919
188,262|13,710
24,468|1,242,863
55,387
334,622|1,274,892
69,866
320,987| |||1,286,695|307,999|38,178|1,632,872|1,665,745| |Governance|costs (note 5)|15,000|15,000||30,000|30,000| |Total Resources Expended||1,301,695|322,999|38,178|1,662,872|1,695,745| |2021||1,286,060|365,058|44,627|1,695,745|| ## ## |Year ended|Year ended| |---|---| |31"August|31"August| |2022|2021| |E|f| |38,178|44,627| |15,000|15,000| ## |TANGIBLE FIXED ASSETS|||| |---|---|---|---| ||Freehold|Equipment,|| ||land and|fixtures and|| ||buildings|fittings|Total| |Cost|E|f|f| |At 30'" August 2021
Disposals|1,323,388|252,542|1,575,930| |Additions|||| |At 31stAugust 2022|||| ||1,323,388|252,542|1,575,930| |Depreciation|||| |At 30'" August 2021
Disposals|410,730|197,704|608,434| |Charge for the period
At 31August 2022|24,468
435,198|13,710
211,414|38,178
646,612| |At 31stAugust 2022|888,190|41,128|929,318| |At 29th August 2021|912,658|54,838|967,496| |||31stAugust|31"August| |---|---|---|---| |||2022|2021| |||E|E| |Trade debtors
Provision for bad or Doubtful
Prepayments|Debt|19,677
(427)
17,903|88,537
(50,000)| |Other debtors||1,000|1,100| |||38,153|39,637| ## ## |trips tak|ing place in 2022-23.||p scoo| |---|---|---|---| ||||31stAugust 2022| |Balance
Amount
Amount
Balance|as at 30'" August 2021
released to income earned from charitable
deferred
in year
as at 31stAugust 2022|activities|f
236,004
(236,004)
195,427
195427| ## ## |14.|FUNDS||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||At 31st|Incoming|||Outgoing|||between|||| ||||||||||August|||||||||31"August|| ||||||||||2021|resources|||resources|||reserves||2022|| |Restricted funds|||||||||E||E|||E|||f|f|| |Patricia Lambert|||prize fund||||||138|||||||||138|| |Travel fund|||||||||4,925|||||||||4,925|| ||||||||||5,063|||||||||5,063|| |Unrestricted
funds|||||||||||||||||||| |General
fund||||||||(372,729)||1,492,721|||(1,624,694)|||||(504,702)|| |Designated
funds|||||||||||||||||||| |Fixed Assets||||||||967,496||||||(38,178)||||929,318|| |||||||||594,767||1,492,721|||(1,662,872)|||||424,616|| |Total restricted|||and|unrestricted||||599,830||1,492,721|||(1,662,872)|||||429,679|| |The|prize funds|are held for the||||awarding||ofprizes for special achievement.|||||||||||| |The|travel fund|is a grant received|||||by the|school, to purchase|||capital|items||which will||encourage|or|enable more|| |sustainable
travel to||||School.|||||||||||||||| |The
the
fixed|designated
fund represents
the fixed
reserves which are invested
in tangible
assets held in restricted
funds (nil).|||||||assets ofthe charity which the Trustees
assets. Amounts
designated
are the net|||||||have designated
to highlight
book value ofassets less any||||| |15.|ANALYSIS OF NET ASSETS BETWEEN||||||||FUNDS||||||||||| |||||||2022||||||||||2021|||| |||||Tangible|||||Other net|||||Tangible||||Other net|| |||||Fixed|||Investments||assets/||Total|||Fixed||Investments||assets/|Total| |||||Assets|||||liabilities|||||Assets||||liabilities|| |||||||||E||E||E|||||||| ||Restricted||||||||||||||||||| ||funds||||||||5,063||5,063|||||||5,063|5,063| ||Designated
funds|||929,318|||||||929,318|||967,496|||||967,496| ||Unrestricted||||||||||||||||||| ||funds||||||||(504,702)||(504,702)|||||||(372,729)|(372,729)| |||||929,318|||||(499,639)||429,679|||967,496||||(367,666)|599,830| ## ## ## ## ## ## ## ||||||2022
2021| |---|---|---|---|---|---| ||||||E
f| |Net movement
in funds|||||(170,151)
(166,497)| |Add back depreciation|charge||||38,178
44,627| |Less investment
income
(Increase)/Decrease
in debtors|||||(12)
1,264
(3)
154,282| |Increase/(Decrease)
in|creditors||||67,670
100,429| |Net cash used in operating||activities|||63,051
132,838| |9.ANALYSIS OF CHANGES||IN NET DEBT|||| ||||As at 31/08/2021
f|Cash -flows
f|As at 31/08/22
f| |Cash at bank and in hand|||242,462|(96,854)|145,608| ||||242,462|(96,8541|145,608| |Loans falling due within|one year||(33,252)|(552)|(33,804)| |Loans falling due after more than|||(194,237)|34,366|(159,871)| |one year|||||| ||||(227,489)|33p814|(193,675)| |Total|||14,973|(63,040)|(48,067)| ## ||||2022|2021| |---|---|---|---|---| ||||f|E| |INCOME||||| |Fees due|||1,480,042|1,553,644| |Music lessons and|additional|fees|0|372| |Bursa ries|||(74,328)|(62,202)| |Deposit interest accrued|||12|3| |School trips|||21,423|1,667| |Donations|||8,417|0| |Other income|||65,978|35,764| |TOTAL INCOME|||1,492,721|1,529,248| |TEACHING COSTS||||| |Educational
Resources|||18,195|28,704| |Wages and salaries|||1,140,335|1,169,266| |Text books and school supplies|||19,336|26,712| |Examination
fees|||3,844|1,643| |Sports and Coach|Hire||26,379|14,849| |Staff Training|||5,339|2,098| |Subscriptions|||3,277|958| |Depreciation
offixed assets|||13,710|18,159| |School trips|||12,448|12,503| ||||1,242,863|1,274,892| |PREMISES COSTS||||| |Insurance|||19,275|15,410| |Repairs and maintenance|||11,644|27,988| |Depreciation
offixed assets|||24,468|26,468| ||||55,387|69,866| |SUPPORT COSTS||||| |Wages and salaries|||146,360|101,794| |School Equipment|from Donations||8,010|0| |Rates &water|||18,014|10,771| |Telephone|||9,735|6,705| |Laundry
and cleaning|||3,582|26,434| |Computer
expenses|||240|3,884| |Catering
& Refreshments|||15,931|11,516| |Legal & Professional|Fees||12,895|16,082| |Speech Day|||4,080|3,852| |Service, Licence and Copyright||Agreements|51,274|37,505| |Other costs|||7,971|8,544| |Bank interest
and charges|||1,344|1,045| |Advertising
costs|||6,943|5,251| |Light and heat|||26,675|19,552| |Printing,
postage and stationery|||13,759|9,044| |Bad debts|||0|47| |Provision for Bad or Doubtful||Debts|0|50,000| ||||326,813|311,626| ||||2022|2021| |---|---|---|---|---| ||||E|E| |GOVERNANCE
COSTS||||| |Board Expenses|||0|0| |Auditor's
remuneration|||15,000|15,000| |Apportionment|ofsenior staff costs (based on time spent)||15,000|15,000| ||||30,000|30,000| |COSTS OF GENERATING||FINANCE||| |Bank and loan|interest|payable|7,809|7,861| |Other costs|||0|1,500| ||||7,809|9,361| |TOTAL EXPENDITURE|||1,662,872|1,695,745| |NET OUTGOING|RESOURCES FOR THE PERIOD||(170,151)|(166,497)|