| DEESIDEHOUSEEDUCATIONALTRUST | DEESIDEHOUSEEDUCATIONALTRUST | DEESIDEHOUSEEDUCATIONALTRUST | DEESIDEHOUSEEDUCATIONALTRUST | DEESIDEHOUSEEDUCATIONALTRUST | DEESIDEHOUSEEDUCATIONALTRUST | DEESIDEHOUSEEDUCATIONALTRUST | LIMITED | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (Acompany | limited | by | guarantee) | ||||||||||
| TRUSTEES9REPORT | (CONTINUED) | ||||||||||||
| FORTHEYEAR | ENDED | 31 | AUGUST2024 | ||||||||||
| Strategic | report(continued) | ||||||||||||
| Achievementsandperformance | (continued) | ||||||||||||
| A2HeadlineResults(Percentage | ofEntries) | ||||||||||||
| 23% | |||||||||||||
| 19% | l30% | 29% | 12% | 49% | 78% | ||||||||
| 25% | 22% |
28% |
18% | 47% | |||||||||
| 11% | 28% |
34% |
24% | 40% | |||||||||
| 10% | 14% |
32% | 28% | 24% | |||||||||
| 6% | 20% | 30% | 24% | 25% |
|||||||||
| A2FurtherDetail2024 | |||||||||||||
| e | =NationalA*-Cis76.4% | ||||||||||||
| Ofthe | 39 | studentswho | wereenteredforA2Levels | in2024: | |||||||||
| ° | 6students | achieved | atleastAAA | ||||||||||
| 13studentsachieved | atleastABB | ||||||||||||
| . | ALevelAveragePointScoreperEntryis36.22 | ||||||||||||
| . | ALevelAveragePointScoreperPupil | is115.64 | |||||||||||
| Page10 |
| Restricted | Unrestricted | Unrestricted | Total | Total | ||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2024 | 2024 | 2024 | 2023 | |||
| Note | £ | £ | £ | £ | ||
| Incomefrom: | ||||||
| Donationsandlegacies | 4 | 7,713 | - | 7,713 | 114,390 | |
| Charitableactivities | 5 | - | 7,619,202 | 7,619,202 | 7,231,760 | |
| Investments | 7 | - | 102,640 | 102,640 | 32,568 | |
| Totalincome | 7,713 | 7,721,842 | 7,729,555 | 7,378,718 | ||
| Expenditureon: | ||||||
| Charitableactivities | 8 | 16,478 | 7,589,314 | 7,605,792 | 7,202,124 | |
| Totalexpenditure | 16,478 | 7,589,314 | 7,605,792 | 7,202,124 | ||
| Netmovementinfunds | (8,765) | 132,528 | 123,763 | 176,594 | ||
| Reconciliationoffunds: | ||||||
| Totalfundsbroughtforward | 92,620 | 6,277,933 | 6,370,553 | 6,193,959 | ||
| Netmovementinfunds | (8,765) | 132,528 | 123,763 | 176,594 | ||
| Totalfundscarriedforward | 83,855 | 6,410,461 | 6,494,316 | 6,370,553 | ||
| TheStatementofFinancialActivitiesincludesallgainsandlosses | recognised | intheyear. | ||||
| Thenotesonpages25to43form | partofthese | financialstatements. |
| DEESIDEHOUSEEDUCATIONALTRUST | DEESIDEHOUSEEDUCATIONALTRUST | DEESIDEHOUSEEDUCATIONALTRUST | LIMITED | - | ||
|---|---|---|---|---|---|---|
| (Acompanylimitedbyguarantee) | ||||||
| REGISTERED | NUMBER:01269507 | |||||
| BALANCESHEET | ||||||
| ASAT31 | AUGUST2024 | |||||
| 2024 | 2023 | |||||
| Note | £ | |||||
| Fixedassets | ||||||
| Tengibleassets | 12 | 5,497,741 | 5,444,009 | |||
| .5,497,741 | 5,444,009 | |||||
| Currentassets | ||||||
| Stocks | 13 | 13,712 | 12,459 | |||
| Debtors | 14 | 206,506 | 225,253 | |||
| Cashatbankandinhand | 3,550,270 | 3,357,978 | ||||
| 3,770,488 | 3,595,690 | |||||
| Creditors:amountsfalling year |
duewithinone 16 |
(2,379,855) | (2,384,901) | |||
| Ne*currentassets | 1,390,633 | 1,210,789 | ||||
| Totalassetslesscurrent | liabilities | 6,888,374 | 6,654,796 | |||
| Creditors:amountsfalling thanoneyear |
dueaftermore 17 |
(394,058) | (284,245) | |||
| Totalnetassets | 6,494,316 | 6,370,553 | ||||
| Charityfunds | ||||||
| Restrictedfunds | 18 | 83,855 | 92,520 | |||
| 8Unrestrictedfunas | 18 | 6,410,461 | 6,277,933 | |||
| fetalfunds | 6,494,316 | 6,370,553 | ||||
| heTrusteesacknowledgetheir | responsibilitiesfor | complyingwiththerequirements | oftheActwithrespectto | |||
| accountingrecordsandpreparationoffinancialstatements. | ||||||
| ThefinancialstatementswereapprovedandauthorisedforissuebytheTrusteesand SE. |
signedontheirbehalfby: | |||||
| JamesBrown | ||||||
| Director | ||||||
| Date: 5December2024 |
||||||
| Thenotesonpages25to | 43form | partofthesefinancialstatements. |
| DEESIDE | HOUSEEDUCATIONALTRUST | LIMITED | . | |||
|---|---|---|---|---|---|---|
| (Acompanylimitedbyguarantee) | ||||||
| STATEMENTOFCASHFLOWS | ~ | |||||
| FOR | THEYEARENDED31AUGUST | 2024 | ||||
| 2024 £ |
2023 £ |
|||||
| Cashflowsfromoperating | activities | |||||
| Netcashusedinoperatingactivities | 339,424 | 330,477 | ||||
| Cashflowsfrominvesting | activities | |||||
| Capitalexpenditure | (249,772) | (119,835) | ||||
| Netcash usedininvesting | activities | (249,772) | (119,835) | |||
| Cashflowsfromfinancing | activities | |||||
| Repaymentsofborrowing | 2 | (525,000) | ||||
| Bankinvestmentinterestreceived | 102,640 | 32,568 | ||||
| Netcashprovidedby/(used | in)financingactivities | 102,640 | (492,432) | |||
| Changein.casharidcashequivalents | intheyear |
192,292 | (281,790) | |||
| Cashandcashequivalentsatthebeginningoftheyear | 3,357,978 | 3,639,768 | ||||
| Cashandcashequivalents | attheendoftheyear | 3,550,270 | 3,357,978 | |||
| Thenotesonpages25to43 | formpart | ofthesefinancialstatements |
| DEESIDEHOUSEEDUCATIONAL | DEESIDEHOUSEEDUCATIONAL | TRUST | TRUST | LIMITED | |||
|---|---|---|---|---|---|---|---|
| (Acompanylimitedbyguarantee) | |||||||
| NOTESTOTHE | FINANCIALSTATEMENTS | ||||||
| FORTHEYEAR | ENDED31AUGUST | 2024 | |||||
| Incomefromdonationsand legacies | |||||||
| Restricted | Total | Total | |||||
| funds | funds | funds | |||||
| 2024 | 2024 | 2023 | |||||
| £ | £ | £ | |||||
| Donations | 7,713 | 7,713 | 114,390 | ||||
| Total2023 | 114,390 | 114,390 | |||||
| Incomefromcharitableactivities | |||||||
| Unrestricted | Total | Total | |||||
| funds | funds | funds | |||||
| 2024 | 2024 | 2023 | |||||
| £ | £ | £ | |||||
| Teaching | 7,619,202 | 7,619,202 | 7,231,760 | ||||
| Total2023 | 7,231,760 | 7,231,760 | |||||
| Analysisofincome | fromcharitableactivitiesbytypeof | income | |||||
| Restricted | Unrestricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| 2024 | 2024 | 2024 | 2023 | ||||
| £ | £ | £ | £ | ||||
| Grossfeesreceivable | - | 7,024,688 | 7,024,688 | 6,647,105 | |||
| Less:scholarships,bursariesandother | |||||||
| discounts | - | (326,967) | (326,967) | (274,636) | |||
| Otherincomefromcharitableactivity | - | 921,481 | 921,481 | 859,291 | |||
| Donations | 7,713 | - | 7,713 | 114,390 | |||
| 7,713 | 7,619,202 | 7,626,915 | 7,346,150 | ||||
| Total2023 | 114,390 | 7,231,760 | 7,346,150 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2024 | 2024 | 2023 | ||
| £ | £ | £ | ||
| Otherinvestmentincome | 102,640 | 102,640 | 32,568 | |
| Total2023 | 32,568 | 32,568 | ||
| Analysisofexpenditureoncharitableactivities | ||||
| Summarybyfundtype | ||||
| Restricted | Unrestricted | |||
| funds | funds | Total | Total | |
| 2024 | 2024 | 2024 | 2023 | |
| £ | £ | £ | £ | |
| Teaching | - | 4,441,612 | 4,441,612 | 4,287,634 |
| CateringCosts | - | 497,881 | 497,881 | 488,346 |
| Buscosts | - | 344,633 | 344,633 | 305,872 |
| Premises | - | 947,185 | 947,185 | 879,520 |
| Supportcostsofschooling | 16,478 | 1,336,703 | 1,353,181 | 1,221,112 |
| Governance | - | 21,300 | 21,300 | 19,640 |
| 16,478 | 7,589,314 | 7,605,792 | 7,202,124 | |
| Total2023 | 35,503 | 7,166,621 | 7,202,124 |
| DEESIDEHOUSEEDUCATIONALTRUST | DEESIDEHOUSEEDUCATIONALTRUST | DEESIDEHOUSEEDUCATIONALTRUST | DEESIDEHOUSEEDUCATIONALTRUST | DEESIDEHOUSEEDUCATIONALTRUST | LIMITED | ||
|---|---|---|---|---|---|---|---|
| (Acompany | limitedbyguarantee) | ||||||
| NOTESTOTHE | FINANCIALSTATEMENTS | ||||||
| FORTHEYEAR | ENDED31AUGUST | 2024 | |||||
| Analysisofexpenditure | oncharitableactivities(continued) | ||||||
| Summarybyexpenditure | type | ||||||
| Staffcosts | Depreciation |
Othercosts | Total | Total | |||
| 2024 | 2024 |
2024 | 2024 | 2023 | |||
| £ | £ |
£ | £ | £ | |||
| Teaching | 4,283,030 | 39,035 | 119,547 | 4,441,612 | 4,287,634 | ||
| CateringCosts | - | 14,813 | 483,068 | 497,881 | 488,346 | ||
| Buscosts | - | 4,926 | 339,707 | 344,633 | 305,872 | ||
| Premises | 278,893 | 127,599 | 540,693 | 947,185 | 879,520 | ||
| Supportcostsofschooling | 549,478 |
9,750 | 793,953 | 1,353,181 | 1,221,112 | ||
| Governance | - | - | 21,300 | 21,300 | 19,640 | ||
| 5,111,401 | 196,123 | 2,298,268 | 7,605,792 | 7,202,124 | |||
| Total2023 | 4,870,596 | 209,141 | 2,122,387 | 7,202,124 | |||
| Netincome/(expenditure) | |||||||
| Thisisstatedaftercharging: | |||||||
| 2024 | 2023 | ||||||
| £ | £ | ||||||
| Depreciation | 196,123 | 209,141 | |||||
| Operatingleasecharges | 184,073 | 122,753 | |||||
| Auditorsremuneration | 13,700 | 13,050 | |||||
| 393,896 | 344,944 |
| 2024 | 2024 | 2023 | |||
|---|---|---|---|---|---|
| No. | No. | ||||
| TeachingStaff | 84 | 87 | |||
| SupportStaff | 26 | 26 | |||
| 110 | 113 | ||||
| Thenumber ofemployeeswhoseemployeebenefits(excludingemployerpension |
costs) | exceeded | |||
| £60,000was: | |||||
| 2024 | |||||
| No. | |||||
| Intheband£60,001 | -£70,000 |
4 | |||
| Intheband£90,001 | -£100,000 |
1 | |||
| Duringtheyearkey | managementpersonnelreceivedremunerationtotalling£495,669(2023:£466,720). | ||||
| 11. | Trustees'remunerationandexpenses | ||||
| Duringtheyear,no | Trusteesreceivedanyremunerationorotherbenefits(2023-£NIL). | ||||
| Duringtheyearended31August2024,noTrusteeexpenses | havebeenincurred(2023 | -£182). |
| Tangiblefixedassets | Tangiblefixedassets | ||||
|---|---|---|---|---|---|
| Long-term | |||||
| leasehold | Motor | Fixturesand | |||
| property | vehicles | fittings | Total | ||
| £ | £ | £ | £ | ||
| Costorvaluation | |||||
| At | 1September2023 | 5,288,286 | 105,997 | 2,187,714 | 7,581,997 |
| Additions | 58,024 | 97,347 | 94,401 | 249,772 | |
| At | 31August2024 | 5,346,310 | 203,344 | 2,282,115 | 7,831,769 |
| Depreciation | |||||
| At | 1September2023 | 331,720 | 99,618 | 1,706,650 | 2,137,988 |
| Chargefortheyear | 41,116 | 8,030 | 146,894 | 196,040 | |
| At | 31August2024 | 372,836 | 107,648 | 1,853,544 | 2,334,028 |
| Net | bookvalue | ||||
| At | 31August2024 | 4,973,474 | 95,696 | 428,571 | 5,497,741 |
| At | 31August2023 | 4,956,566 | 6,379 | 481,064 | 5,444,009 |
| Stocks | |||||
| 2024 | 2023 | ||||
| £ | £ | ||||
| Finishedgoodsandgoodsforresale | 13,712 | 12,459 |
| 2024 | 2024 | 2023 | 2023 | |
|---|---|---|---|---|
| £ | £ | |||
| Duewithinoneyear | ||||
| Tradedebtors | 21,503 | 47,647 | ||
| Otherdebtors | 5,334 | 4,344 | ||
| Prepaymentsandaccruedincome | 179,669 | 173,262 | ||
| 206,506 | 225,253 | |||
| Cashatbank | ||||
| Varioussociety,sportsandsimilarclubsmaintainbankaccountswhichareadministered | bytheCollege. | |||
| Thebalanceonthesevariousbankaccountsisincludedwithincashinbankat31August2024,andwithin creditors;amountsfallingduewithinoneyear, is£25,001(2023:£23,094).Theincomepaidintothese accounts intheyearto31August2024of£10,538(2023:£9,771)isnotincomeoftheCollegeand is thereforenotincludedinincomingresourceswithintheStatementofFinancialActivities.Theexpenditure |
||||
| fromtheseaccountswas£8,632(2023:£20,738)intheyear. | ||||
| Creditors:Amountsfallingduewithinoneyear | ||||
| 2024 | 2023 | |||
| £ | £ | |||
| Feesinadvance | 1,537,603 | 1,692,318 | ||
| Tradecreditors | 175,003 | 155,356 | ||
| Advancefeecontracts | 144,555 | 34,718 | ||
| Repayabledeposits | 162,635 | 118,315 | ||
| Othertaxationandsocialsecurity | 90,207 | 91,540 | ||
| Othercreditors | 154,080 | 153,471 | ||
| Accrualsanddeferredincome | 115,772 | 139,183 | ||
| 2,379,855 | 2,384,901 |
| DEESIDEHOUSEEDUCATIONALTRUST | DEESIDEHOUSEEDUCATIONALTRUST | DEESIDEHOUSEEDUCATIONALTRUST | DEESIDEHOUSEEDUCATIONALTRUST | DEESIDEHOUSEEDUCATIONALTRUST | LIMITED | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| (A | company | limitedbyguarantee) | ||||||||
| NOTES | TOTHEFINANCIALSTATEMENTS | |||||||||
| FORTHEYEAR | ENDED31AUGUST | 2024 | ||||||||
| 18. | Statementoffunds | |||||||||
| Statementoffunds | -currentyear | |||||||||
| Balanceat | 1 | Balanceat | ||||||||
| September | Transfers | 31August | ||||||||
| 2023 | Income | Expenditure |
in/out | 2024 | ||||||
| £ | £ | £ | £ | £ | ||||||
| Unrestrictedfunds | ||||||||||
| Designatedfunds | ||||||||||
| Bursaryfund | - | - | (139,677) | 139,677 | - | |||||
| Capitalfund | 150,000 | - | - | - | 150,000 | |||||
| 150,000 | - | (139,677) | 139,677 | 150,000 | ||||||
| Generalfunds | ||||||||||
| GeneralFunds- | allfunds | 6,127,933 | 7,721,842 | (7,449,637) |
(139,677) | 6,260,461 | ||||
| TotalUnrestrictedfunds | 6,277,933 | 7,721,842 | (7,589,314) |
- | 6,410,461 | |||||
| Restrictedfunds | ||||||||||
| RestrictedFunds | -allfunds | 13,733 | 7,713 | (7,713) | . | 13,733 | ||||
| CapitalExpenditure | 78,887 | - | (8,765) | - | 70,122 | |||||
| 92,620 | 7,713 | (16,478) | - | 83,855 | ||||||
| Totaloffunds | 6,370,553 | 7,729,555 | (7,605,792) |
- | 6,494,316 |
| DEESIDE | HOUSEEDUCATIONALTRUST | HOUSEEDUCATIONALTRUST | HOUSEEDUCATIONALTRUST | HOUSEEDUCATIONALTRUST | LIMITED | ||||
|---|---|---|---|---|---|---|---|---|---|
| (Acompany | limitedbyguarantee) | ||||||||
| NOTES | TOTHEFINANCIALSTATEMENTS | ||||||||
| FORTHEYEAR | ENDED31AUGUST | 2024 | |||||||
| 18. | Statementoffunds(continued) | ||||||||
| Statementoffunds-prioryear | |||||||||
| Balanceat | Balanceat | ||||||||
| 1September | Transfers | 31August | |||||||
| 2022 | Income | Expenditure | in/out | 2023 | |||||
| £ | £ | £ | E | £ | |||||
| Unrestrictedfunds | |||||||||
| Designatedfunds | |||||||||
| Bursaryfund | 39,915 | - | (81,584) | 41,669 | - | ||||
| Capitalfund | 150,000 | - | - | - | 150,000 | ||||
| 189,915 | - | (81,584) | 41,669 | 150,000 | |||||
| Generalfunds | |||||||||
| GeneralFunds- | allfunds | 5,990,311 | 7,264,328 | (7,085,037) | (41,669) | 6,127,933 | |||
| TotalUnrestrictedfunds | 6,180,226 | 7,264,328 | (7,166,627) | - | 6,277,933 | ||||
| Restrictedfunds | |||||||||
| RestrictedFunds | -allfunds | 13,733 | 26,741 | (26,741) | - | 13,733 | |||
| CapitalExpenditure | - | 87,649 | (8,762) | - | 78,887 | ||||
| 13,733 | 114,390 | (35,503) | - | 92,620 | |||||
| Totaloffunds | 6,193,959 | 7,378,718 | (7,202,124) | - | 6,370,553 |
| 19. | Analysisofnetassetsbetweenfunds | |||
|---|---|---|---|---|
| Analysisofnetassetsbetweenfunds-currentperiod | ||||
| Restricted | Unrestricted | Total | ||
| funds | funds | funds | ||
| 2024 | 2024 | 2024 | ||
| £ | £ | £ | ||
| Tangiblefixedassets | - | 5,497,741 | 5,497,741 | |
| Currentassets | 83,855 | 3,686,633 | 3,770,488 | |
| Creditorsduewithinoneyear | - | (2,382,010) | (2,382,010) | |
| Creditorsdueinmorethanoneyear | - | (391,903) | (391,903) | |
| Total | 83,855 | 6,410,461 | 6,494,316 | |
| Analysisofnetassetsbetweenfunds-priorperiod | ||||
| Restricted | Unrestricted | Total | ||
| funds | funds | funds | ||
| 2023 | 2023 | 2023 | ||
| £ | £ | £ | ||
| Tangiblefixedassets | 2 | 5,444,009 | 5,444,009 | |
| Currentassets | 92,620 | 3,503,070 | 3,595,690 | |
| Creditorsduewithinoneyear | - | (2,384,901) | (2,384,901) | |
| Creditorsdueinmorethanoneyear | - | (284,245) | (284,245) | |
| Total | 92,620 | 6,277,933 | 6,370,553 |