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|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|10|
|Report ofthe Independent
Auditors|11|to|13|
|Statement ofFinancial Activities||14||
|Balance Sheet|15|to|16|
|Cash Flow Statement||17||
|Notes to the Cash Flow Statement||18||
|Notes to the Financial Statements|19|to|28|
|Detailed Statement ofFinancial Activities||29||
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|||||2022|||2021|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|||Total|
|||||funds|||funds|
||||Notes|||||
|INCOME|AND ENDOWMENTS FROM|||||||
|Charitable|activities||3|||||
|School||||1,294,890||1,301,897||
|Investment|income|||3,029|||4,612|
|Total||||1497,919||1,306,509||
|EXPENDITURE ON||||||||
|Charitable|activities|||||||
|School||||1,437,094||1,400,374||
|NET INCOME/(EXPENDITURE)||||(139,175)|'||(93,865)|
|RECONCILIATION||OFFUNDS||||||
|Total funds|brought
forward|||1,105,199||1,199,064||
|TOTAL FUNDS CARRIED FORWARD||||966024||1|105,199|
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|||BALANCE SHEET
31AUGUST 2022|||
|---|---|---|---|---|
||||2022|2021|
||||Unrestricted|Total|
||||funds|funds|
|||Notes|||
|FIXEDASSETS|||||
|Tangible assets|||560,116|568,767|
|CURRENT ASSETS|||||
|Debtors||13|415,565|379,596|
|Cash at bank and in|hand||620,830|667,357|
||||1,036,395|1,046,953|
|CREDITORS|||||
|Amounts
falling due within one year||14|(559,4S7)|(448,521)|
|NET CURRENT ASSETS|||476,90S|598,432|
|TOTAL ASSETSLESSCURRENT|||||
|LIABILITIES|||1,037,024|1,167,199|
|CREDITORS|||||
|Amounts
falling due after more than one|||||
|year||15|(71,000)|(62,000)|
|NET ASSETS|||966,024|1,105,199|
|FUNDS||16|||
|Unrestricted
funds:|||||
|General fund|||326,333|449,920|
|Freehold property|fund||439,691|455,279|
|Major repairs fund|||150,000|150,000|
|Bursary fund|||50,000|50,000|
||||966,024|1,105,199|
|TOTAL FUNDS|||966,024|1,105,199|
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||||2022|2021|
|---|---|---|---|---|
|||Notes|||
|Cash flows from operating|activities||||
|Cash generated
from operations|||~13 90)|(147,986)|
|Net cash used in operating|activities||~13,290)|(147,986)|
|Cash flows from investing|activities||||
|Purchase oftangible fixed assets|||(37,750)|(6,234)|
|Sale oftangible fixed assets|||1,484||
|Interest received|||3029|4,612|
|Net cash used in investing|activities||~33,237)|~1,622)|
|Change in cash and cash|equivalents||||
|in the reporting
period|||(46,527)|(149,608)|
|Cash and cash equivalents|at the||||
|beginning ofthe reporting|period||667@57|816,965|
|Cash and cash equivalents|at the end||||
|ofthe reporting
period|||620,830|667,357|
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|
ACTIVITIES||O|ERATING|
|---|---|---|---|
|||2022|2021|
|Net expenditure
for the reporting
ofFinancial Activities)
Adjustments
for:|period (as per the Statement|(139,175)|(93,865)|
|Depreciation
charges
Interest received
(Increase)/decrease
in debtors
Increase/(decrease)
in creditors||44,919
(3,029)
(35,969)
119,964|43,409
(4,612)
55,810
~148 728|
|Net cash used in operations||~13/90)|~147986)|
##
||At 1/9/21|Cash flow|At 31/8/22|
|---|---|---|---|
|Net cash||||
|Cash at bank and in hand|~667
57|~46,52|620,830|
||667,357|46527|620,830|
|Total|667/57|~46,527|620,830|
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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||f.||
||Deposit account||interest|||3,029|4,612|
|3.|INCOME FROM CHARITABLE ACTIVITIES|||||||
|||||||2022|2021|
|||||Activity||||
||School fees|||School||1,267,107|1,277,982|
||Clubs &activities|||School||25,113|17,682|
||Other ancillary||income|School||2,670|6,233|
|||||||1,294,890|1,301,897|
|4.|CHARITABLE ACTIVITIES COSTS|||||||
||||||Direct|Support||
||||||Costs (see|costs (see||
||||||note 5)|note 6)|Totals|
||School||||1,424,993|12,101|1,437,094|
|5.|DIRECT COSTSOFCHARITABLE ACTIVITIES|||||||
|||||||2022|2021|
||Staffcosts|||||971,281|1,002,331|
||Other operating||leases|||18,316|21,263|
||Donations|||||2,645|2,940|
||Other teaching||costs|||58,132|42,178|
||Catering|||||119,381|96,093|
||Premises costs|||||122,171|95,170|
||Administration||&finance costs|||70,403|76,625|
||Scholarship|award||||17,745|7,904|
||Depreciation|||||44,919|43,409|
|||||||1,424,993|1,387,913|
|6.|SUPPORT|COSTS||||||
||||||||Governance|
||||||||costs|
||School||||||12,101|
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|||2022|2021|
|---|---|---|---|
|Auditors'
remuneration
Auditors'
remuneration|for non audit work|8,000
1/81|8,000
581|
|Depreciation
- owned|assets|449917|43,409|
|Other operating
leases||18,316|21,263|
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|STAF|FCOSTS|||
|---|---|---|---|
|||2022|2021|
|Wages
Social|and salaries
security costs|770,577
73,983|797,586
74,466|
|Other|pension costs|126,721|130,279|
|||971481|1,002,331|
||2022|2021|
|---|---|---|
|Teaching|23|28|
|Other|5|5|
||28|33|
##
|2022|2021|
|---|---|
|1|1|
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|||||Unrestricted|
|---|---|---|---|---|
|||||funds|
|INCOME|AND ENDOWMENTS FROM||||
|Charitable|activities||||
|School||||1,301,897|
|Investment|income|||4,612|
|Total||||1,306,509|
|EXPENDITURE ON|||||
|Charitable|activities||||
|School||||1,400,374|
|NET INCOME/(EXPENDITURE)||||(93,865)|
|RECONCILIATION|||OFFUNDS||
|Total funds|brought|forward||1,199,064|
|TOTAL FUNDS CARRIED|||||
|FORWARD||||1,105,199|
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|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1/9/20|in funds|funds|31/8/22|
|Unrestricted|funds||||||
|General fund|||528,197|(176,215)|(25,649)|326,333|
|Freehold property||fund|470,867|(31,176)||439,691|
|Major repairs
Bursary fund|fund||150,000
50,000|~25,649)|25,649|150,000
50,000|
||||1,199,064|233,040||966,024|
|TOTAL FUNDS|||1,199,064|~233,040)||966,024|
||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources|expended|in funds|
|Unrestricted|funds|||||
|General fund|||2,604,428|(2,780,643)|(176,215)|
|Freehold property
Bursary fund||fund||(31,176)
~25,649)|(31,176)
~25,649)|
||||2,604,428|~2,837,468|~233,040|
|TOTAL FUNDS|||2,604,428|~2,837,468)|~233,040)|
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||FORTHE YEAR ENDED 31|AUGUST 2022||
|---|---|---|---|
|||2022|2021|
|INCOME AND ENDOWMENTS||||
|Investment
income||||
|Deposit account interest||3,029|4,612|
|Charitable
activities||||
|School fees||1467,107|1,277,982|
|Clubs &,activities||25,113|17,682|
|Other ancillary
income||2,670|6,233|
|||1294 890|1,30),897|
|Total incoming
resources||1P.97,919|1,306,509|
|EXPENDITURE||||
|Charitable
activities||||
|Wages||770,577|797,586|
|Social security||73,983|74,466|
|Pensions||126,721|130,279|
|Other operating
leases||18,316|21,263|
|Donations||2,645|2,940|
|Other teaching costs||58,132|42,178|
|Catering||119@81|96,093|
|Premises costs||122,171|95,170|
|Administration
&,finance|costs|70,403|76,625|
|Scholarship
award||17,745|7,904|
|Depreciation oftangible|fixed assets|44,919|43,409|
|||1,424,993|1,387,913|
|Support costs||||
|Governance
costs||||
|Auditors'
remuneration||8,000|8,000|
|Auditors'
remuneration|for non audit work|1,381|581|
|Legal fees||2,720|3,880|
|||12,101|12,461|
|Total resources expended||1,437,094|1,400,374|
|Net expenditure||~139,175)|~93,865)|