2022-08-31-accounts

			General	Restricted	Total 2022	General	Restricted	Total 2021
			Funds	Funds		Funds	Funds
		Notes		E			E	E
INCOMING RESOURCES:
Incoming Resources
From Generated	Funds
Interest			1,474		1,474	4,481	2	4,483
Donations &Other			336,489		336,489	211,620		211,620
Income
Government Grants						13,140		13 140
			337,963		337,963	229,241	2	229,243
Incoming Resources
From Charitable
Activities
Fee Income			4,882,648		4,882 648	4,540,362		4,540,362
TOTAL INCOMING			5,220,611		5,220,611	4,769,603	2	4,769,605
RESOUttCES
RESOURCES USED:
Charitable Activities
Teaching		2	3,532,208		3,532,208	3,069,446		3,069,446
Property		2	438,172		438,172	417,461		417,461
Administration		2	1,097,280		1,097,280	935,730	5,509	941,239
RESOURCES USED IN			5,067,660		5,067,660	4,422,637	5,509	4,428, 146
YEAR
PENSION PROVISION			22,488		22 488	20,061		20,061
NET MOVEMENT	IN		175,439		175,439	367,027	(5,507)	361,520
FDNDS
Transfer Between	Reserves
NET MOVEMENT	IN FUNDS
FORTHE YEAR			175,439		175,439	367,027	(5,507)	361,520
Balances Brought	Forward
1 September 2021			59 168,357	f.—	f9 168357	f8,801,330	55507	68806,837
Balances Carried Forward
31August 2022			K9,343,796		E9,343,796	K9,168,357		E9,168,357

		2022	2021
Gross Income from Ordinary	Activities	4,882,648	4,540,362
Interest Receivable		1,474	4,483
Donations and Other Income		336,489	211,620
Government Grants			13,140
Total Income		5,220,611	4,769,605
Total Expenditure		~5,045,172	~4.400,085
Net Income for the Year		f.175,439	f361,520

					2022	2022	2021		2021
			Notes		E		E
FIXEDASSETS
Tangible Assets						9,153,013			9,313,280
Intangible Assets						42,682			17,050
						9,195,695			9,330,330
CURRENT ASSETS
Debtors				6	82,031		76,916
Cash: - at Bank and in		Hand			3,402, 193		3,300,513
-JBReed Deposit
					3,484,224		3,377,429
CURRENT LIABILITIES:
CREDIToRs'.Amounts	Falling Due
Within One Year				8	(784,519)		(838,478)
NET CURRENT ASSETS						2,699,705			2,535953
TOTAL ASSETSLESS	CURRENT					11,895,400			11,869481
LIABILITIES
CREDITORS: Amounts	Falling Due					(2,380,354)			(2,507,186)
Atter More Than One	Year
PROVISIONS FOR LIABILITIES			13			(171,250)			(193,738)
NET ASSETS						f.9,343,796			f9,168,357
FINANCED BY:
General Fund						9,343,796			9,168,357
JBReed Bursary Fund				7
			10			69,343,796			$9,168,357
These financial statements		were approved		by the Directors on		..........and are	signed on	their	behalf by:
l								C	t4.W.
									Mrs C FACON

			2022	2021
		Notes	E
NET CASH FLOW FROM	OPERATING
ACTIVITIES		15	202,043	2,329,804
CAPITAL EXPENDITURE
PAYMENTS TO ACQUIRE TANGIBLE FIXED			(101,833)	(2,040,579)
ASSETS
RETURNS ON INVESTMENTS AND SERVICING			1,474	4,483
OF FINANCE		16
INCREASE/(DECREASE)	IN CASH	17	6101,680	F293 708

		Teaching	P~ro	Administration	2022
Staff Costs		2,944,858		674,132	3,618,990
Depreciation			234,224	2,246	236,470
Ofiice Costs		158,475	203,948	49,613	412,036
School Equipment				26,730	26,730
School Activities		85,891			85,891
School Lunches		282,914			282,914
Other Costs		60,070		233,768	293,838
		3,532,208	438,172	986,489	4,956,869
Share of				110,791	110,791
Governance	Costs
		Z3,532,208	f438,172	K1,097,280	E5,067,660
Analysis by	fund
Unrestricted	funds	3,532,208	438,172	1,097,280	5,067,660
Restricted funds
		E3,532,208	&l38,172	E1,097,280	K5,067,660

		~Teachin	~Pro e	Administration	2021
StaffCosts		2,608,008		575,536	3,183,364
Depreciation			171,485		171,485
Loss on Disposal of			25,778		25,778
Fixed Asset
Office Costs			220,198	49,562	269,760
School Equipment		127,203		38,468	165,671
School Activities		92,224			92,224
School Lunches		191,506			191,506
Other Costs		50,505		258,678	309,183
		3,069,446	417,461	922,064	4,408,971
Share of
Governance	Costs			19,175	19,175
		I3,069,446	F417,461	f941,239	f4,428,146
Analysis by	fund
Unrestricted	funds	3,069,446	417,461	935,730	4,422,637
Restricted funds				5,509	5,509
		K3,069,446	2417,461	f941,239	Z4,428,146

	2022	2021
	No	No
Teaching Staff	50	49
Administrative	17	15
	67	64

2022	2021
No	No

			~Fixtures	Freehold		Leasehold
		Website	~Rtg ft	Land &	Motor	Land &
		Costs	~Ei t	~Buiidin s	Vehicles	~But)din s	Total
Cost							g
At 1 September 2021		17,050	146,584	10,316,036	87,282	96,001	10,662,953
Additions		27,878	42,063	31,892			101,833
Disposals
At31A g,t2022		44928	188647	10347928	87,282	96,001	10,764 786
Depreciation
At 1 September 2021			89,050	1,149,890	87,282	6,401	1,332,623
Charge for Year		2,246	28,146	196,476		9,600	236,468
Disposals
At31A g	t2022	2246	117,196	1,346,366	87,282	16001	1569t191
Net Book Value
At31 A g	t2022	f42 682	f71 451	f9,001 562		f80000	f9195695
At 31August	2021	f17,050	857 534	19,166 146		Z89,600	f9,330,330

	2022	2021
	E
Trade Debtors	2,347
Prepayments	79,201	65,453
Other Debtors	483	11,463
	f82,031	K76,916

	2022	2021
	E	E
Fees in Advance	153,826	199,461
Pupil Deposits	99,407	114,495
Trade Creditors	61,217	94,619
Other Creditors	443
Accruals and Deferred Income	126,792	139,275
Social Security and Other Pension Costs	155,656	108,201
Finance Lease	5,418	5,418
Bank Loan	181,760	177,009
	6784,519	f838,478

REDIT0Rs: AMQUNTs FALLING	DUE AETERMoRE THAN ONE YEA	R
	2022	2021
Pupil Deposits	720,207	674,713
Finance Lease	4,064	9,482
Bank Loan	1,656,083	1,822,991
	Z2,380,354	E2,507,186

10.RECONCILIATION OFMOVEMENTS	10.RECONCILIATION OFMOVEMENTS	IN RESERVES
			2022	2021
				E
Surplus	ofIncome over Expenditure	for the Financial Year	175,439	367,027
Interest Outflow	Received in JBReed Bursary Fund from Bursaries Fund			~5.509
Net Increase in Reserves			175,439	361,520
Reserves	at 1 September 2021		9,168,357	8,806,837
Reserves	at 31 August 2022		f9,343,796	E9,168,357

15.	NET CASH FLOW FR	OM OPERA	TING ACTIVI	TIES
					2022	2021
	Net Movement in Funds for the		Year		175,439	361,520
	Interest Received				(1,474)	(4,483)
	Depreciation				236,470	171,485
	Loss on Disposal of	Fixed Asset				25,778
	increase)/Decrease	in Debtors			(5, 115)	(27,491)
	Increase/(Decrease)	in Creditors			(203,279)	1,802,995
	Net Cash Inflow from Operating		Activities		K202,043	E2,329,804
16.	RETURNS ON INVESTMENT AND SERVICING			OF FINANCE
					2022	2021
					8
	Interest Received				1,474	4,483
	Net Cash Inflow From Returns on Investments			and
	Servicing ofFinance				f1 474	84,483
17.	ANALYSIS OF CHANGES IN NET		FUNDS
			At 1 S~tb		Cash flow	At 31 ~Au ust
				2021		2022
				8
	Bank and Cash		K3,300,513		(f101,680)	K3,402,193

							2022	2022	2021	2021
									g	'E
INCOME:
Fees								4,882,648		4,540,362
Interest								1,474		4,481
Donations &Other		Income						336,489		211,620
Government	Grants									13,140
								5,220,611		4,769,603
LEss:EXPENsEs
StaffCosts							3,618,990		3,183,364
Rates							47,284		35,653
Light and Heat							73,765		93,660
Telephone,	Stationery		and Postage				13,445		18,502
ITServices	and Equipment						125,656		100,148
School Books							57,468		64,250
Games and	Outings						85,892		92,224
Musical Instruments							2,082		1,274
Sundry Expenses							134,233		135,367
Cleaning							36,168		39,827
Repairs, Renewals		and	Maintenance				82,899		90,885
Bank Interest and Charges							3,742		4,879
Loan Interest							50,948		53,100
Insurance							41,160		45,329
School Lunches							282,914		191,506
Depreciation	ofWilberforce				House		165,376		117,440
Depreciation	ofSpencer House						31,100		31,100
Depreciation	on Leasehold			Property			9,600		9,622
Depreciation	on Fixtures &				Fittings		7,877		2,678
Depreciation	on Computer			Equipment			20,271		10,645
Depreciation	on Branding						2,246
Loss on Disposal ofFixed Asset									25,778
Bursaries							63,753		56,231
								4,956,871		4,403,462
LESS:GOVERNANCE COSTS
Audit Fee							8,400		7,200
Legal and Professional			Fees				102,391		11,975
								118791		19 175
Pension Provision								22,488		20,061
Excess ofIncome over		Expenditure				for the
Financial Year								175,439		367,027
Net Movement	in General		Fund		for	the		175,439		367,027
Financial Year
Balance on the	General	Fund at			Beginning of			9,168,357		8,801,330
Year
Balance on the	General	Fund at			End	ofYear		49343,796		69 168,357