2022-08-31-accounts

			Page
Reference and Administrative Details of the Company,	Its Trustees	and Advisers	1-2
Trustees' Report			3-14
Trustees' Responsibilities Statement			15
Independent Auditor's Report on the Financial Statements			16-19
Consolidated Statement of Financial Activities			20
Consolidated Balance Sheet			21-22
Company Balance Sheet			23-24
Consolidated Statement ofCash Flows			25
Notes to the Financial Statements			26-56

Pupil Numbers		September 2019	September 2020	September	2021	September	2022
Pre-Prep & Nursery	School	115	118	127		152
Preparatory School		204	212	209		214
Senior School		559	602	665		738
Total		878	932	1,001		1,104

			Endowment		Unrestricted	Total	Total
			funds	Restricted funds	funds	funds	funds
			2022	2022	2022	2022	2021
		Note	8	8	8	8	8
Income and endowments
from:
Donations and legacies		4		11,655	50/61	61,916	54,571
Chantable actiwties					18,528,393	18,528,393	15,678,071
Other trading activities					151,775	151,775	125,539
Investments			14,133	4,040	2,401	20,574	15,547
Other income					17,689	17,689	125,568
Total income and
endowments			14,133	15,695	18,750,519	18,780,347	18,001,496
Expenditure on:
		9,
Raising funds		10,11	7,822	2,236	185,168	195,226	87,611
Chantable actiwties		12		11,657	15,089,488	15,101,145	17,397,730
Total expenditure			7,822	13,893	15,274,656	15,296,371	1T,485,341
Net income/(expenditure)
before net (losses)/gains
on investments			6,311	1,802	3,475,863	3,483,976	(1,483,845)
Net (losses)/gains	on
investments			(51,765)	(14,799)		(66,563)	189,902
Net movement in	funds		(45,454)	(12,997)	3,475,863	3,417,412	(1,313,943)
Reconciliation of	funds:
Total funds brought	forward		723,109	487,479	33,950,108	35,160,696	35,474,539
Net movement in funds			(45,454)	(12,997)	3,475,863	3,417,412	(1,313,943)
Total funds canied
forward			677,655	474,482	37,425,971	38,578,108	35,150,595

			Note		2022 f		2021f
Fitted assets
Tangible assets			17		43,129,170		36,608,620
Investments			18		1,015,671		1,074,119
					44,144,841		39,662,739
Current assets
Debtors			19	731,444		341,276
Cash at bank and	in hand			4,302,808		7,476,390
				5,034,252		7,617,666
Creditors amounts	falling due within one year		20	(5,704,663)		(6,637,631)
Net current (liabilities)		Iassets			(670,411)		960,035
Total assets lees	current liabilities				43,474,430		40,662,774
Creditors: amounts	falling due after more than one
year			21		(4,896,322)		(5,502,076)
Total net assets					38,578,108		35,160,696
Charity funds
Endowment funds			23		677,655		723,109
Restricted funds			23		474,482		487,479
Unrestricted funds			23		37,425,971		33,950,106
Total funds					38,578,108		35,160,696

			COMPANY	BALANCE SHEET
			AS AT	31AUGUST 2022
			Note		2022 6		2021f
Fixed assets
Tangible assets			17		43,129,170		38,606,620
Investments			18		1,015,673		1,074,121
							39,662,741
Current assets
Debtors			19	907,208		456,307
Cash at bank and	in hand			4,104,614		7,341,640
				5,011,822		7,797,947
Creditors amounts	falling due within one year		20	(5,689,569)		(6,825,248)
Net current (liabilities)		Iassets			(677,747)		972,699
Total assets lees	current liabilities				43,467,096		40,655,440
Creditors: amounts	falling due after more than one
year			21		(4,896,322)		(5,502,078)
Total net assets					36,570,774		35,153,362
Charity funds
Endowment funds			23		677,655		723,109
Restricted funds			23		474,482		487,479
Unrestricted funds			23		37,418,637		33,942,774
Total funds					38,570,774		35,153,362

				Note	2022 6	2021f
Cash flows from operating	activities
Net cash used in operating	activities			26	2,554,281	3,687,056
Cash flows from investing	activities
Dividends, interests and rents from investments					20,574	16,547
Purchase oftangible fixed assets					(5,229,711)	(3,649,290)
Net cash used In investing	activities				(5,209,137)	(3,632,743)
Cash flows from Rnancing	activities
Repayments of borrowing					(349,045)	(2,406,380)
Repayments offinance leases					(31,583)	(33,163)
Interest paid					(138,098)	(133,109)
Net cash used In Rnancing	activities				(518,726)	(2,572,652)
Change in cash and cash	equivalents	in	the year		(3,173,582)	(2,518,339)
Cash and cash equivalents	at the beginning		ofthe year		7,476,390	9,994,729
Cash and cash equivalents	at the end	of	the year	27	4,302,808	7,476,390

4.	Income from donations	Income from donations	and legacies
				Restricted	Unrestricted	Total
				funds	funds	funds
				2022	2022	2022
				6	6	f
	Donations			11,655	50,261	61,916
				Restricted	Unrestricted	Total
				funds	Funds	funds
				2021 8	2021f	2021 f
	Donaticns			33,677	20,894	54,571
5.	Income from charitable		activities
					Unrestricted	Total
					funds	funds
					2022	2022
					8	f
	School and registration	fees			19,706,709	19,706,709
	Bursanes, grants and	allowances			(1,178,316)	(1,178,316)
					18,528,393	18,528,393
					Unrestricted	Totei
					Funds	funds
					2021f	2021 f
	School and registration	fees			16,897,954	16,897,954
	Bursanes, grants and	allowances			(1,219,883)	(1,219,883)
					15,678,071	15,678,071

		Endowment	Restricted	Unrestricted	Total
		funds	funds	funds	funds
		2022	2022	2022	2022
		f	f	f	f
Income	from listed investments	14,133	4,040		18,173
Interest	received			2,401	2,401
		14,133	4,040	2,401	20,574
		Endowment	Resiricisd	Unrestricted	Torsi
		funds	funds	funds	funds
		2021f	2021f	2021f	2021 f
Income	from listed investments	11,919	3,408		15,327
Interest	received			1,220	1,220
		11,919	3,408	1,220	16,547

			Unrestricted	Total
			funds	funds
			2022f	2022 f
Printing,	postage and stationery		5,481	5,481
Advertising			8,090	8,090
Computer	costs		7,353	7,353
Legal and professional			217	217
General fundraising		expenses	6,385	6,385
Wages and salaries			108,203	108,203
National	insurance		10,993	10,993
Pension	costs		13,201	13,201
			159,923	159,923
			Unrestricted	Totei
			funds	funds
			2021f	2021 f
Pnnting,	postage and stationery		851	851
Advertising			1,661	1,661
Computer	costs		6,515	6,515
Legal and professional			2,880	2,880
General fundraising		expenses
Wages and salanes			32,669	32,669
National	insurance		4,899	4,899
Pension	costs		6,152	6,152
			55,627	55,627

	Unrestricted	Total
	funds	funds
	2022	2022
		f
	25,245	25,245
	Unrestncted	Total
	funds	funds
	2021f	2021 f
	22,607	22,607
Endowment	Restricted	Total
funds	funds	funds
2022	2022	2022
f	f	f
7,822	2,236	10,058
Endowment	Restricted	Total
funds	funds	funds
2021f	2021	2021 f
7,292	2,085	9,377

			Total
		Education	funds
		2022	2022
		6	6
Staff costs		8,145,155	8,145,155
Teaching costs		743,009	743,009
Premises costs		345,555	345,555
Scholarships,	prizes and awards	2,423	2,423
Other costs		1,354,034	1,354,034
		10,590,176	10,590,176
			Total
		Educaffon	funds
		2021f	2021f
Staff costs		7,298,224	T,298,224
Teaching costs		540,910	540,910
Premises costs		251,716	251,716
Scholarships,	pnzes and awards	4,717	4,717
Other costs		1,058,874	1,058,874
		9,154,441	9,154,441

				Total
			Education	funds
			2022	2022
			6	6
Staff costs			1,998,042	1,998,042
Governance	costs		59,002	59,002
Premises costs			1,096,972	1,096,972
Other administration		costs	519,339	519,339
~epreaation			701,796	701,796
Loan interest	payable		135,618	135,818
			4,510,969	4,510,969
				Total
			Education	funds
			2021f	2021f
Staff costs			1,822,310	1,822,310
Governance	costs		32,624	32,624
Premises costs			5,031,905	5,031,905
Other administration		costs	703,691	703,691
~epreciation			523,118	523,118
Loan interest	payable		129,641	129,641
			8,243,289	8,243,289

				Group	Group	Company	Company
				2022 6	2021f	2022	2021f
Wages and	salanes			7,938,792	7,086,803	7,901,245	7,054,473
Social security costs				803,810	704,532	803,810	704,532
Contribution	to defined	contribution	pension schemes	1,532,991	1,370,920	1,532,991	1,370,920
				10,275,593	9,164,255	10,238,046	9,129,925

		Group	Group	Company	Company
		2022	2021	2022	2021
		No.	No.	No.	No.
Teaching		125	115	125	115
Academic	support	41	46	41
Admin and	maintenance	60		60
Ancillary		20	20	20	20
		246	235	246	235

Th	e n	umber	ofemployees whose employee benefits (excluding emp	loyer pension costs) exceeded f60,000was:
				Group	Group
				2022	2021
				No.	No.
In	the	band	f60,001 - f70,000	4	2
In	the	band	f70,001 - f80,000
In	the	band	f80,001 - f90,000
In	the	band	f90,001 - f100,000
In	the	band	f100,001 - f110,0DO	1	0
In	the	band	f110,001 - f120,000	0	0
In	the	band	f120,001 - f130,000
In	the	band	f130,001 - f140,000
In	the	band	f140,001 - f150,0DO	1	1

				Listed
				Investments
Group
Cost or valuation
At 1 September 2021				1,074,119
Revaluations				(58,448)
At 31 August 2022				1,015,671
Net book value
At 31 August 2022				1,015,671
At 31August 2021				1,074,119
	Investments	in
	subsidiary		Listed
	companies		Investments	Total
Company
Cost or valuation
At 1 September 2021		2	1,074,119	1,074,121
Revaluations			(58,448)	(58,448)
At 31 August 2022		2	1,015,671	1,015,673
Net book value
At 31 August 2022		2	1,015,671	1,015,673
At 31August 2021		2	1,074,119	1,074,121

		Group	Group	Company	Company
		2022 6	2021f	2022 6	2021f
Due within one year
Trade debtors		260,963	139,199	259,170	138,199
Amounts owed by group undertakings				177,557	116,031
Other debtors		12,633	12,633	12,633	12,633
Prepayments	and accrued income	457,848	189,444	457,848	189,444
		731,444	341,276	907,208	456,307

							Group	Group	Company	Company
							2022 6	2021f	2022 6	2021f
Bankloans							368,951	365,302	368,951	365,302
Trade creditors							616,620	455,674	612,889	451,457
Other taxation			and	social security			202,141	168,234	201,633	167,212
Obligations		under finance			lease and hire purchase
contracts							1,195	30,660	1,195	30,660
Other creditors							3,078,375	4,253,091	3,076,456	4,252,166
Accruals	and deferred income						1,437,381	1,564,470	1,428,445	1,556,449
										6,625,246
							5,704,663	6,837,631	5,689,569
							Group	Group	Company	Company
							2022	2021	2022	2021
							6	f	f	f
Deferred		income
Deferred	income at 1 September					2021	30,050	41,033	30,050	41,033
Resources		deferred		during	the year		194,918	30,050	194,918	30,050
Amounts	released			from previous		pencds	(30,050)	(41,033)	(30,050)	(41,033)
										30,050
Deferred		income at the end of				the year	194,918	30,050	194,918

													Group			Group	Company	Company
													2022 6			2021f	2022 6	2021f
Bankloans												4,787,722			5,140,416		4,787,722	5,140,416
Net obligations			under			finance lease		and	hire purchase
contracts																2,118		2,118
Other creditors													108,600		359,544		108,600	359,544
																		5,502,078
												4,896,322			5,502,078		4,896,322
The aggregate			amount			of liabilities		payable or		repayable	wholly		or in part more		than five years after the reporting			date is:
													Group			Group	Company	Company
													2022			2021	2022	2021
													6			f	6	f
Bank loans repayable						by instalments						3,138,147			3,602,032		3,138,147	3,602,032
																		3,602,032
												3,138,147			3,602,032		3,138,147
The bank		loan		is	secured		by way of		first legal charge			over	the freehold	property		and a fixed and floating		charge over all
property		and	undertakings				of the	Company.		The total		bank	loan balance		owed	at the	year end was f5,	156,673 (2021
f5,505,716).
Interest	is charged				at	L95'4 over the			base rate. The loan			is repayable in equal instalments					from December 2019to November
2034. At	the year				end	the	loan balance		in creditors includes f41,835 ofaccrued interest (2021:f50,066).
Financial		instruments
													Group			Group	Company	Company
													2022			2021	2022	2021
													6				f	f
Financial		assets
Financial	assets			measured			at fair value		through	income
and expenditure												1,015,671			1,074,119		1,015,671	1,074,119

Statement of funds	Statement of funds	-current year	-current year
				Balance at 1
				September			Gains/	Balance at 31
				2021	Income	Expenditure	(Losses)	August 2022
Unrestricted funds
Designated funds
Landscape management				200,000				200,000
Fabric maintenance	of	Heritage
Assets				400,000				400,000
				600,000				600,000
Generalfunds
General funds				11,194,541	18,598,744	(15,122,881)		14,670,404
Non-chantable trading		funds		7,334	151,775	(151,775)		7,334
Revaluation reserve				22,148,233				22,148,233
				33,350,108	18,750,519	(15,274,656)		36,825,971
Total Unrestricted	funds			33,950,108	18,750,519	(15,274,656)		37,425,971
Endowment funds
Endowment funds				723,109	14,133	(7,822)	(51,765)	677,655
Restricted funds
Scholarships and bursaries			fund	13,195	1,591	(1,372)	(1,799)	11,615
Pnzes				397,371	4,872	(3,287)	(13,000)	385,956
CS Bure SAFE								841
Sports & Arts				5,552				5,552
AGF Technology				99				99
AGF Heritage				13,430	9,233	(9,235)		13,428
Shane Lalani Sports	Scholarship			55,666				55,666
Shane Lalani Sports	Endeavor			867				867
GiR aid				458				458

		Balance at 1
		September			Gains/	Balance at 31
		2021	Income	Expenditure	(Losses)	August 2022
		6	6	6	6	6
		487,479	15,696	(13,894)	(14,799)	474,482
Total	offunds	35,160,696	18,780,348	(15,296,372)	(66,564)	38,578,108

Statement of funds	Statement of funds	- prior year	- prior year
				Balance at
				1 September			Gains/	Balance at
				2020f	Incomef	Expendituref	(Losses) f'	31August 2021
Unrestricted funds
Designated funds
Landscape management				200,000				200,000
Fabric maintenance	of	Heritage
Assets				400,000				400,000
				600,000				600,000
Generalfunds
General funds				12,697,766	15,825,853	(17,329,078)		11,194,541
Non-chantable trading		funds		7,334	126,639	(126,639)		7,334
Revaluation reserve				22,148,233				22,148,233
				34,853,333	15,952,492	(17,455,717)		33,350,108
Total Unrestricted	funds			35,453,333	15,952,492	(17,455,717)		33,950,108
Endowment funds
Endowment funds				586,354	11,919	(7,292)	132,128	723,109
Restricted funds
Scholarships and bursaries			fund	8,443	3,970	(3,809)	4,591	13,195
Pnzes				363,026	4,155	(2,993)	33,183	397,371
CS Bura SAFE				841				841
Sports & Arts				5,552				5,552
AGF Technology				99				99
AGF Heritage					28,960	(15,530)		13,430
Shane Lalani Sports	Scholarship			55,666				55,666
Shane Lalani Sports	Endeavor			867				867
Gift aid				458				458

				Science at
				1 September			Gains/	Balance at
				2020f	incomef	Expendituref	(Losses) f	31August 2021 f
				434,952	37,085	(22,332)	37,774	487,479
Total offunds				36,474,639	16,001,496	(17,485,341)	169,902	35,160,696
Summary		offunds
Summary		offunds	- current year
				Balance at 1
				September			Gains/	Balance at 31
				2021 6	Income 6	Expenditure f	(Losses) f	August2022f
Designated		funds		600,000				600,000
General funds				33,350,108	18,750,519	(15,274,656)		36,825,971
Endowment		funds		723,109	14,133	(7,822)	(51,765)	677,655
Restricted	funds			487,479	15,696	(13,894)	(14,799)	474,482
				35.160,696	18.780,348	(15,296,372)	(66,564)	38,578,108

				Endowment	Restricted	Unrestricted	Total
				funds	funds	funds	funds
				2022	2022	2022	2022
				6	6	6	6
Tangible	fixed	assets				43,129,170	43,129,170
Fixed asset investments				677,655	338,016		1,015,671
Current	assets				136,466	4,897,786	5,034,252
Creditors	due	within one year				(5,704,663)	(5,704,663)
Creditors	due	in more than one year				(4,896,322)	(4,896,322)
Total				677,655	474,482	37,425,971	38,578,108
Analysis of		net assets between funds	- prior year
				Endowment	Restricted	Unrestncted	Total
				funds	funds	funds	funds
				2021	2021	2021	2021
				6	6	6	f
Tangible	fixed	assets				38,608,620	38,608,620
Fixed asset investments				723,109	351,010		1,074,119
Current	assets				136,469	7,681,197	7,817,666
Creditom	due	within one year				(6,837,631)	(6,837,631)
Creditors	due	in more than one year				(5,502,078)	(5,502,078)
Total				723,109	487,479	33,950,108	35,160,696

					Group	Group
					2022	2021
					f	6
					3,417,412	(1,313,943
	Net income/expenditure for the year (as per Statement of Financial			Activities)		)
	Adjustments for:
	Depreciation charges				701,796	523,116
	(Gains)/losses on investments				58,448	(175,651)
	Dividends, interests	and rents from	investments		(20,574)	(16,547)
	Loss on the disposal	offixed assets			7,365	3,234,466
	Decrease/(increase)	in debtors			(390,169)	317,770
	Increase/(decrease)	in creditors			(1,358,095)	984,934
	Interest paid				138,098	133,109
	Net cash provided	by operating	activities		2,554,281	3,667,056
27.	Analysis ofcash and cash equivalents
					Group	Group
					2022 6	2021f
	Cash in hand				4,302,808	7,476,390
	Total cash and cash equivalents				4,302,808	7,476,390

The following	The following	was a subsidiary undertaking	was a subsidiary undertaking	ofthe Company:
Name				Company	Class of	Holding	Included	in
				number	shares		consolidation
Claremont	Fan Court Enterprises		Limited	01698864	Ordinary	100'/	Yes
The finanmal		results ofthe subsidiary for the year were:
Name					Incomef	Expenditure	6 Net assets f
Claremont	Fan Court Enterpnses		Limited		151,775	(151,775		7,336
							)