##
|Trustees|||Mr M R Foster, Chair&, 2,3,s||||
|---|---|---|---|---|---|---|
||||Mrs DCooper, Trustees, 4,6||||
||||Mrs JWilliams, Trustee1, 4,6||||
||||MrJSWilliams, Trustee13||||
||||Mr R Kalia, Vice Chairman).|3.6,6|||
||||Ms J M Lunn, Trustee&, 6,7||||
||||Mrs D Davidson-Smith,
Trustee),||2,4||
||||Ms S Evans, Trusteei, 2,3,s||||
||||Mrs J E Ruff, Trustee1, 2,4,s||||
||||Mr D Shah, Trustee i,3,S||||
||||'||||
||||Member ofEducation
Committee
' Member ofDevelopment
8 Fabric Committee
' Member of Finance Committee||||
||||" Member of Public Benefit 8 Marketing
Strategy Committee
' Member of Remuneration
Committee
' Member of Risk 8 Compliance
Committee
' Member ofSafeguarding
Committee||||
|Company|registered||||||
|number|||01218766||||
|Charity registered|||||||
|number|||270143||||
|Registered||oNce|St Aubyn's
School||||
||||Woodford
New Road||||
||||Woodford Green||||
||||Essex||||
||||IG8 9DU||||
|Company|secretary||Mrs C Burstin||||
|Independent||auditors|Haslers||||
||||Chartered Accountants||||
||||Old Station Road||||
||||Loughton||||
||||Essex||||
||||IG104PL||||
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||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2023|2023|2023|2022|
|||Note|f||||
|income from:|||||||
|Donations,
legacies|and government||||||
|grants||||||1,000|
|Charitable
activities||||6,G43,711|6,043,711|5,849,899|
|investm
ants|||19,000|111,934|130,934|77,502|
|Total income|||19,000|6,155,645|6,174,645|5,928,401|
|Expenditure
on:|||||||
|Charitable
activities|||19,000|5,607,245|5,626,245|5,399,823|
|Total expenditure|||19,000|5,607,245|5,626,245|5,399,823|
|Net movement
in funds before other|||||||
|unrecog nised gains||||548,400|548,400|528,578|
|Other unrecognised|gains:||||||
|Gains on revaluation|offixed assets|||||213,977|
|Net movement
in funds||||548,400|548,400|742,555|
|Reconciliation
offunds:|||||||
|Total funds brought forward|||380,000|10,118,854|10,498,854|9,756,299|
|Net movement
in funds||||548,400|548,400|742,555|
|Total funds carried|forward||380,00G|10,667,254|11,047,254|I0,498,854|
##
|||||BALANCE SHEET|BALANCE SHEET||||
|---|---|---|---|---|---|---|---|---|
|||||AS AT 31JULY2023|||||
|||||||2023||2022|
|||||Note|||||
|Fixed assets|||||||||
|Tangible assets||||10||6,870,848||6,802,689|
|investment
property||||11||1,080,000||$,080,000|
|||||||7,950,848||7,882,689|
|Current assets|||||||||
|Debtors||||12|48,346||59,55$||
|Cash at bank and in hand|||||3,659,057||3,325,003||
||||||3,707,403||3,384,554||
|Creditors: amounts|falling||due within one||||||
|year||||13|(360,488)||(522,f30)||
|Net current assets||||||3,346,915||2,862,424|
|Total assets less current|||liabilities|||11,297,763||10,745,113|
|Creditors: amounts|falling||due after more||||||
|than one year||||||(250,509)||(246,259)|
|Net assets excluding||pension asset||||11,047,254||$0,498,854|
|Total net assets||||||11,047,254||l0,498,854|
|Charity funds|||||||||
|Restricted funds||||||380,000||380,000|
|Unrestricted
funds||||||10,667,254||'IO, 118,854|
|Total funds||||||11,047,254||f0,498,854|
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||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2023|2023|
|Donations|||
||Unrestricted|Total|
||funds|funds|
||2022|2022|
|Donations|f,000|$,000|
|income from charitable activities|||
||Unrestricted|Total|
||funds|funds|
||2023|2023|
|School fees|5,927,032|5,927,032|
|Sports hall|40,150|40,150|
|After school club|76,529|76,529|
||6,043,711|6,043,711|
||Unrestricted|Total|
||funds|funds|
||2022|2022|
|School fees|5,758,923|5,758,923|
|Sports hall|$8,630|f8,630|
|After school club|72.346|72,346|
||5,849,899|5,849,899|
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||Restricted|Unrestricted|Total|
|---|---|---|---|
||funds|funds|funds|
||2023|2023|2023|
|Rent receivable|19,000|62,700|81,700|
|Interest receivable||49,234|49,234|
||19,000|111,934|130,934|
||Restricted|Unrestricted|Total|
||funds|funds|funds|
||2022|2022|2022|
|Rent receivable|8,000|64,192|72,192|
|Interest receivable||5,310|5,310|
||8,000|69,502|77,502|
##
##
||Restricted|Unrestricted||
|---|---|---|---|
||funds|funds|Total|
||2023|2023|2023f|
|School|19,000|5,568,743|5,587,743|
|Sports Hall||2,812|2,812|
|After school club||35,690|35,590|
||19,000|5,607,245|5,626,245|
##
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|Summary
by fund type (continued)||||
|---|---|---|---|
||Restricted|Unrestricted||
||funds|funds|Total|
||2022|2022|2022|
|School|8,000|5,324,462|5,332,462|
|Sports Hall||33,530|33530|
|After school club||33,831|33,831|
||8,000|5,391,823|5,399,823|
##
||Activities||
|---|---|---|
||undertaken|Total|
||directly|funds|
||2023|2023|
||F|E|
|School|5,587,743|5,587,743|
|Sports Hali|2,8]2|2,812|
|After school ciub|35,690|35,690|
||5,626,245|5,626,245|
||Activities||
||undertaken|Total|
||directIy|funds|
||2022|2022|
|School|5,332,462|5,332,462|
|Sports Hail|33,530|33,530|
|After school club|33,83I|33,831|
||5,399,823|5,399,823|
##
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||||After school|Total|
|---|---|---|---|---|
||School|Sports Hall|club|funds|
||2023|2023|2023|2023|
|Staff costs|3,737,074|2,427|35,690|3,775,191|
|Depreciation|161,576|||161,576|
|Teaching resources|381,611|||381,611|
|Government
costs|13,218|||13,218|
|Staff training|23,707|||23,707|
|Administrative
costs|65,723|||65,723|
|Premises expenses|556,635|385||557,020|
|Catering costs|414,694|||414,694|
|insurance|74,474|||'74,474|
|Interest payable|5,414|||5,414|
|Advertising|59,271|||59,271|
|Motor and travelling|4,095|||4,095|
|Scholarship
and assisted places funding|49,827|||49,827|
|Legal and professional|37,32'1|||37,321|
|School inspection costs|3,103|||3,103|
||5,587,743|2,812|35,690|5,626,245|
##
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|Analysis of|direct costs (continued)||||||
|---|---|---|---|---|---|---|
||||||After school|Total|
|||School|Sports|Hall|club|funds|
|||2022||2022|2022|2022|
|Staff costs||3,530,676|32,872||33,831|3,597,379|
|Depreciation||152,822||||152,822|
|Teaching resources||279,428||||279,428|
|Government|costs|9,894||||9,894|
|Staff training||26,461||||26,461|
|Administrative|costs|71,624||||71,624|
|Premises expenses||637,615||||638,273|
|Catering costs||387,005||||387,005|
|Insurance||81,279||||81,279|
|Interest payable||6,061||||6,061|
|Advertising||39,309||||39,309|
|Motor and travelling||3.232||||3,232|
|Scholarship|and assisted places funding|53,755||||53,755|
|Legal and professional||49,217||||49,217|
|School inspection costs||4,083||||4,083|
|||5,332,461|33,530||33,831|5,399,822|
|Auditors'
remuneration|||||||
||||||2023|2022|
|Fees payable|tothe School's auditor for the audit ofthe School's||annuai||||
|accounts|||||12,300|8,220|
##
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|Staffcosts||||||||
|---|---|---|---|---|---|---|---|
|||||||2023
f.|2022f|
|Wages and|salaries|||||3,028,028|2,853,479|
|Social security costs||||||297,474|293,188|
|Contribution|to defined|contribution||pension|schemes|449,689|450,712|
|||||||3,775,191|3,597,379|
|The average|number of persons||employed||by the School during the|year was as follows:||
|||||||2023|2022|
|||||||No.|No.|
|Teachers||||||39|38|
|Teaching Assistants||||||14|17|
|Sports Hall|||||||1|
|Admin||||||18|19|
|Other||||||7|7|
|||||||78|82|
|2023|2022|
|---|---|
|No.|No,|
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||Freehold|Motor|Fixtures and||
|---|---|---|---|---|
||property|vehicles|fittings|Total|
|Cost or valuation|||||
|At 1 August 2022|8,188,187|24,660|571,784|&,7&4,631|
|Additions|191,336||41,699|233,035|
|Disposals|||(3,300)|(3,300)|
|At 31 July 2023|&,379,523|24,650|610,183|9,014,366|
|Depreciation|||||
|At 1 August 2022|1,416,951|14,375|550,616|1,98'I,942|
|Charge forthe year|145,891|2,057|13,683|161,631|
|On disposals|||(55)|(55)|
|At 31 July 2023|1,562,842|16,432|564,244|2,143,51&|
|Net book value|||||
|At 31 July 2023|6,816,681|8,228|45,939|6,870,84&|
|At3f July2022|6,77f,236|$0,285|2f,f68|8,802,689|
##
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||||Long term||
|---|---|---|---|---|
||Freehold||leasehold||
||investment|investment|||
||property||property|Total|
|||||E|
|Valuation|||||
|At 1 August 2022|700,000||380,000|1,080,000|
|At 31 July 2023|700,000|-|380,000|1,G8G,OOG|
|The 20|23 valuations
were made by the Trustee|s,
on an open market value for existing use ba|sis.|
|---|---|---|---|
|||2G23|2022|
|Historic|cost|1,003,107|898,107|
##
|||2023|2022|
|---|---|---|---|
|Due within one year||||
|Trade debtors||7,088|7,203|
|Prepayments|and accrued income|41,268|52,348|
||||59,551|
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|15.|Statement offunds|||||||
|---|---|---|---|---|---|---|---|
||Statement
offunds|- current|year|||||
||||Balance at 1|||Transfers|Balance at|
||||August 2022|Income
f|Expenditure|in/out|31July 2023|
||Unrestricted
funds|||||||
||Designated
funds|||||||
||Assisted Places Funds||3G7,114||(31,019)|54,840|330,936|
||Parent Teacher Association-|||||||
||formerly SASSfund||12,013|||(329)|11,684|
||||319,127||(31,019)|54,511|342,619|
||General funds|||||||
||General
Funds||9,799,727|6,155,645|(5,576,226)|(54,511)|1G,324,635|
||Total Unrestricted|funds|10,118,854|6,155,645|(5,607,245)||1G,667,254|
||Restricted funds|||||||
||Colley Assisted Places Fund||380,000|19,000|(19,GOG)||380,000|
||Total offunds||10,498,854|6,174,645|(5,626,245)||11,047,254|
##
|||NOTES|NOTES|TO THE FlNANClAL|TO THE FlNANClAL|STATEMENTS|STATEMENTS|||
|---|---|---|---|---|---|---|---|---|---|
|||FOR||THE YEAR|ENDED 31 JULY||2G23|||
|15.|Statement offunds|(continued|I|||||||
||Statement offunds|- prior year||||||||
|||Balance at||||||||
|||1August|||||Transfers|Gains'|Balance at|
|||2021||Income|Expenditure||in/out|(Losses)|31July 2022|
||Unrestricted|||||||||
||funds|||||||||
||Designated|||||||||
||funds|||||||||
||Assisted Places|||||||||
||Funds|300,363|||(46,107)||52,858||307,114|
||Parent Teacher|||||||||
||Association-|||||||||
||formerly SASS|||||||||
||fund|16,566|||||(4,553)||12,013|
|||316,929|||(46,107)||48,305||319,127|
||General funds|||||||||
||General Funds|9,059,370||5,920,40 I|(5,345,716)||(48,305)|213,977|9,799,727|
||Total|||||||||
||Unrestricted|||||||||
||funds|9,376,299||5,920,401|(5,391,823)|||213,977|I0,118,854|
||Restricted|||||||||
||funds|||||||||
||Coiley Assisted|||||||||
||Places Fund|380,000||8,000|(8,000)||||380,000|
||Total offunds|9,756,299||5,928,401|(5,399,823)|||213,977|l0,498,854|
##
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##
|Summary|offunds - cur|rent year|||||
|---|---|---|---|---|---|---|
|||Balance at 1|||Transfers|Balance at|
|||August
2G22|income|Expenditure|inlout|31July 2023|
|Designated|funds|319,127||(31,019)|54,511|342,619|
|General funds||9,799,727|6,155,645|(5,576,226)|(54,511)|1G,324,635|
|Restricted|funds|380,0GO|19,000|(19,000)||380,000|
|||10,498,854|6,'I 74,645|(5,626,245)||11,047,254|
|Summary
offund|s - prior year||||||
|---|---|---|---|---|---|---|
||Balance at||||||
||1August|||Transfers|Gainu|Balance at|
||2021|Income|Expenditure|in/out|(Losses}|3$ JU/y 2022|
|Designated|||||||
|funds|316,929||(46,f07)|48,305||319,f27|
|General funds|9,059,370|5,920,40$|(5,345,716)|(48,305)|2f3,977|9,799,727|
|Restricted funds|380,000|8,000|(8,000)|||380,000|
||9,756,299|5,928,40f|(5,399,823)||2f3,977|10,498,854|
##
##
##
|Analysis|ofnet assets between funds - current year||||
|---|---|---|---|---|
|||Restricted|Unrestricted|Total|
|||funds|funds|funds|
|||2023|2023|2023|
|Tangible fixed assets|||6,870,848|6,870,848|
|Investment|property|380,000|700,000|1,G80,000|
|Current assets|||3,707,403|3,707,403|
|Creditors|due within one year||(360,488)|(360,488)|
|Creditors|due in more than one year||(250,509)|(250,6G9)|
|Total||380,000|10,667,254|11,047,254|
|Analysis|ofnet assets between funds - prior year||||
|||Restricted|Unrestncted|Total|
|||funds|funds|funds|
|||2022|2022|2022|
|Tangible fixed assets|||6,802,689|6,802,689|
|Investment|property|380,000|700,000|1,080,000|
|Current assets|||3,384,554|3,384,554|
|Creditors due within one year|||(522,130)|(522, l30)|
|Creditors due in more than one year|||(246,259)|(246,259)|
|l||380,000|'t0, 1l8,854|'l0,498,854|
##
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|||||2023|2022|
|---|---|---|---|---|---|
|Net income for the|year (as per Statement ofFinancial||Activities)|548,400|528,578|
|Adjustments
for.||||||
|Depreciation
charges||||161,576|$52,822|
|Dividends,
interests|and rents from|investments||(130,934)|(77,502)|
|Decrease/(increase)|in debtors|||11,205|20,189|
|increase/(decrease)|in creditors|||(157,392)|(178,525)|
|Net cash provided|by operating|activities||432,855|445,562|
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||||2023|2022|
|---|---|---|---|---|
|Not later than||1 year|21,353|28,470|
|Later than|1 year and not later than 5years|||21,353|
||||21,353|49,823|
##
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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|Architectural|services|provided|by|M Foster||1,630|2,726|
|Professional|services|provided|by|Fox Williams|LLP||430|
|Professional|services|provided|by|Goodge Law|Sobcitors|4,237|900|
|||||||6,867|4,056|