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|Trustees|Trustees||M J P Jacqz|||||
|---|---|---|---|---|---|---|---|
||||L Odeh|||||
||||IVlr CLP Guiollot|||||
||||A W Dick|||||
||||A R MA Nourry|||||
||||LSeguier|||||
||||M Fetu|||||
||||J Masselot|||||
||||A Domange|||||
||||ECaradec|||(Appointed|21 September|
|||||||2022)||
||||A P Sauty de Chalon|||(Appointed|20 June 2022)|
|Secretary|||A Quilterou|||||
|Charity|number||274145|||||
|Cornpal)y||number|01138995|||||
|Registered||office|59Brook Green|||||
||||kammersmith|||||
||||London|||||
||||W67BE|||||
|Auditor|||KLSA LLP|||||
||||Kalamu<br>l-louse|||||
||||11 Coldbath|Square||||
||||London|||||
||||EC1R5kL|||||
|Bankers|||HSBC Bank|Pic||||
||||94Kensington||High Street|||
||||Kensington|||||
||||London|||||
||||W8 4SH|||||





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|Trustees' report|||
|---|---|---|
|Statement<br>of trustees'|responsibilities||
|Independent<br>auditor's|report|6-8|
|Statement<br>offinancial|activities||
|Balance sheet||10|
|Statement<br>ofcash flows|||
|Notes to the financial|statements|12»19|





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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2022|2021|
|||Notes|E|E|
|nc<br>de<br>o<br>e ts<br>Donations<br>and legacies<br>Charitable<br>activities<br>Investments<br>Other income|||7,260<br>2,047,902<br>2,220|16,679<br>1,888,497<br>162<br>18,801|
|Total income|||2 057 372|I 924 139|
|E<br>n<br>t<br>0<br>Charitable<br>activities||7|2,082,840|1,9'i 7,903|
|Disposal of investment|||||
|Total resources expended|||2,082,840|1,917,904|
|Net (expenditure)/Income<br>Net (outgoing)/incoming|for the year/<br>resources||(25,468)|6,235|
|Other recognised<br>gains and losses<br>Other gains or losses|||1,433||
|Net movement<br>In funds|||(24,035)|6,235|
|Fund balances at 1 January|2022||1,144,177|1,137,942|
|Fund balances<br>at 31 December 2022|||1,120,142|1,144,177|





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||||||2022||2021||
|---|---|---|---|---|---|---|---|---|
|||||Notes|E||||
|Fixed assets<br>Tangible assets||||||470 658||479,192|
|Current assets|||||||||
|Debtors<br>Cash at bank and|In|hand||14|377,093<br>1,655,920||377,604<br>1,618,710||
||||||2,033,013||1 896214||
|Creditors: amounts<br>one year||falling|due within|16|(825,620)||(722,419)||
|Net current assets||||||1,207,493||1,173,795|
|Total assets less|current||liabilities|||1,678,051||1,652,987|
|Creditors; amounts<br>more than one year||falling|due after|16||(657,S09)||(608,810)|
|Net assets||||||1,120,142||1,144,177|
|Income funds<br>Unrestricted<br>funds||||||1,120,142||1,144,177|
|||||||1,120,142||1,144,177|





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|||||||2021||
|---|---|---|---|---|---|---|---|
||||Notes|||||
|Cash flows from operating<br>activities<br>Gash generated<br>from operations|||18||134,990||45,082|
|investing<br>investment|activities<br>income received|||2,220||162||
|Net cash <br>activities|generated<br>from|investing|||2,220||162|
|Net cash|used<br>in financing|activities||||||
|Net increase<br>in cash and||cash equivaients|||137,210||45,244|
|Cash and|cash equivalents|at beginning|ofyear||1,518,710||1,473,466|
|Cash and|cash equivalents|at end of|year||1 655 920||1 518710|





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## 

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|4|Charitable|Charitable|activities||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||School fees|Other' school|Total||Total|
||||||||irraame|2022||2021|
|||||||2022|2022||||
|||||||E|E||||
||School|fees|within<br>charitable||activities|1,906,667|141,235|2,047,902||1,888,497|
|5|investments||||||||||
||||||||Unrestricted||Unrestricted||
|||||||||funds||funds|
|||||||||2022||2021|
|||||||||E||E|
||Interest|receivable||||||2,220||162|
|6|Other|Income|||||||||
|||||||||Total|Unrestricted||
|||||||||||funds|
|||||||||2022||2021|
|||||||||E||E|
||Government||grants -|CJRS||||||18,801|
|7|Charitable||activities||||||||
|||||||||2022|||
||Staff costs<br>Depreciation<br>and impairment<br>Schoo<br>I activity costs<br>Direct charitable<br>costs|||||||1,538,204<br>8,634<br>113,056<br>302,609||1,445,867<br>8,634<br>103,847<br>270,691|
|||||||||'1,962,502||1,829,039|
||Share <br>Share|of support costs (see <br> of governance<br>costs|||note 8)<br> (see note 8)|||110,318<br>10,020||78,934<br>9,930|
|||||||||2,082,840||1,917,903|





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|8|Support costs|Support<br>costs|Governance<br>costs|2022|Support<br>costs|Governance<br>costs|2021|
|---|---|---|---|---|---|---|---|
||||F||E|F-||
||Legal 8 professional<br>Administration|13,890<br>96,428||13,890<br>96,428|9,899<br>69,035||9,899<br>69,035|
||Audit fees||10,020|10,020||9,930|9,930|
|||110,318|10,020|120,338|78,934|9,930|88,864|
||Analysed<br>between<br>Charitable<br>activities|110,318|10,020|120,338|78,934|9,930|88,864|



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|Thaverae<br>|umber|ofemployees|during the year was:|||
|---|---|---|---|---|---|
|e g<br>||||2022|2021|
|||||Number|Number|
||||||32|
|Teaching<br>staff<br>Administrative|staff||||2|
|||||38|34|
|Total||||||
|Employment|costs|||2022|2021<br>E|
|Wages and salaries<br>Social security costs<br>Other pension costs||||1,378,541<br>104,569<br>55,094|'l,311,039<br>85,631<br>49,197|
|||||1,538,204|1,445,867|





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|10|Employees|||||||||||(Continued)|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||The number ofemployees||whose annual||remuneration|was more||than|860,000||||
||is as foilows:||||||||||2022|2021|
||||||||||||Number|Number|
||Over N0,000||||||||||||
|11|Taxatlon||||||||||||
||The charity is exempt|from|corporation|tax on its charitable|||activities.||||||
|12|Other gains ol' losses|||||||||Unrestricted||Total|
||||||||||||funds||
||||||||||||2022|2021|
||Foreign exchange gains||||||||||(1,433)||
|13|Tangible fixed assets||||Land and||Office|&|Fixtures|&|Computer|Total|
||||||duildinge||school||fltttntis||software||
|||||||equipment|||||||
|||||||||F|||||
||Cost<br>At 1 January 2022||||984,078||157,890||8,249||2,696|1,152,912|
||At 31 December 2022||||984,078||157,890||8,249||2,695|1,152,912|
||Deprec'iatlon<br>and impairment<br>At 1 January 2022<br>Depreciation<br>charged<br>in the year||||444,447<br>69,073||167,890||8,249||2,695|613,281<br>69,073|
||At 3'i December 2022||||513,620||167,890||8,249||2,696|682,364|
||Cartying<br>amount<br>At 31 December 2022||||470,668|||||||470668|
||At 31 December 2021||||479,192|||||||479,192|





## 

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|14|Debtors||2022|2021|
|---|---|---|---|---|
||Amounts<br>falling due|within<br>one year:|E|E|
||Trade debtors<br>Other debtors<br>Prepayments<br>and accrued income||337,129<br>11,613<br>28,351|292,707<br>63,874<br>20,923|
||||377,093|377,504|
|16|Creditors: amounts|falling due within one year|2022|202'l|
||||E|E|
||Other taxatlon and social security<br>Trade creditors<br>Other creditors<br>Accruals and deferred<br>Income||21,171<br>32,288<br>109,968<br>662,103|20,120<br>26,247<br>86,916<br>590,137|
||||826,620|722,419|
|16|Creditors: amounts|falling due after more than one year|2022|2021|
||Other creditors||667,909|508,810|



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|18|Cash generated<br>from operations||||2022<br>E|2021|
|---|---|---|---|---|---|---|
||(Deficit)/surpus<br>for the year||||(26,468)|6,237|
||Adjustments<br>for:<br>Investment<br>income recognised<br>In statement<br>of financial<br>Foreign exchange differences<br>Depreciation<br>and impairment<br>of tangible<br>fixed assets|||activities|(2,220)<br>1,433<br>8,634|(182)<br>8,634|
||IVIovements<br>in working<br>capital:<br>Decrease<br>in debtors<br>increase/(decrease)<br>In creditors||||411<br>162,200|74,387<br>(44,014)|
||Cash generated<br>from operations||||134,990|46,082|
|19|Analysis ofchanges<br>In net funds||||||
||The charity had no debt during the year.||||||