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|Index Page||||
|---|---|---|---|
|Legal and Administrative||Information||
|Report ofthe|Governors||3-27|
|Independent|Auditor's
Report||28-30|
|Consolidated|Statement|of Financial Activities|31|
|Consolidated|Balance Sheet||32|
|Consolidated|Cash Flow|Statement|33|
|Notes to the|Accounts||34-55|
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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|Ener
consum|tion||used to calculate emissions||kWh|6,633,103|5,079,727|
|Energy consumption|||breakdown|(kWh)||||
|Gas||||||1,152,695|1,056,729|
|LPG||||||956,692|781,580|
|Fuel Oil||||||1,296,465|999,966|
|Gas Oil||||||78,618|62,940|
|Electricity||||||2,214,204|1,624,480|
|Trans
ort Fuel||||||934,429|554,032|
|Scope 1 emissions||in metric tonnes COze||||||
|Gas consumption||||||207.49|193.55|
|LGP||||||200.90|167.64|
|Fuel Oil||||||350.04|268.14|
|Gas Oil||||||20.44|16.16|
|Owned transport
Total Sco e1|—minibuses|||||222.06
1 000.93|130.86
776.35|
|Scope 2 emissions||in metric tonnes COze||||||
|Purchased
electrici||||||428.18|344.93|
|Scope 3emissions||in metric tonnes COze||||||
|Business travel|in em||lo ee owned vehicles|||2.14|0.31|
|Total Gross emissions
in metric tonnes COze||||||1,431.25|1,121.59|
|Intensity
ratio tonnes COze per||||pupil (1085)||1.3191|1.1149|
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||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|||
||||||2022|2022|2022|2021|
|||||Notes|E'000|6'000|g'000|E'000|
|INCOME FROM:|||||||||
|Charitable
Activities|||||30,553||30,553|22,731|
|Grants, Donations|and Legacies||||74|15|89|793|
|Investment
Income|||||6||6|1|
|Other Income|||||12||12|66|
|Non-ancillary
trading||income|||130||130|192|
|Total Income|||||30,775|15|30,790|23,783|
|EXPENDITURE ON:|||||||||
|Cost of Raising Funds|||||1,147||1,147|904|
|Charitable
Activities|||||25,644|20|25,664|21,404|
|Total Expenditure|||||26,791|20|26,811|22,308|
|Net Income|||||3,984|(5)|3,979|1,475|
|Transfer between||Funds|||||||
|Net Movement
in|Funds||||3,984|(5)|3,979|1,475|
|Fund Balance at 1"September|||2021|19|26,681|30|26,711|25,236|
|Fund Balance at 31"August 2022||||19|30,665|25|30,690|26,711|
##
||||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|---|
||||||2022|2021|2022|2021|
|||||Notes|6'000|6'000|K'000|F'000|
|Fixed assets|||||||||
|Intangible
Assets||||10|74|60|74|60|
|Tangible Assets||||11|35,634|30,345|35,693|30,228|
|Investments||||12|-|-|20|20|
||||||35,708|30,405|35,787|30,308|
|Current assets|||||||||
|Stock|||||79|158|||
|Debtors||||13|1,013|1,041|1,212|1,253|
|Cash at bank||and in|hand||8,355|11,170|8,341|10,943|
||||||9,447|12,369|9,553|12,196|
|Creditors:|Amounts||falling due within one|14|(7,276)|(8,626)|(7,393)|(8,485)|
|year|||||||||
|Net current|assets||||2 171|3743|2 160|3711|
|Total assets||less current liabilities|||37,879|34,148|37,947|34,019|
|Creditors:|Amounts||falling due after one|15|(7,189)|(7,437)|(7,189)|(7,437)|
|year|||||||||
|Net assets|||||30,690|26,711|30,758|26,582|
|Represented||by|||||||
|Restricted Funds||||19|25|30|25|30|
|Unrestricted||Funds||19|||||
|General
Fund|||||30,531|21,251|30,599|21,122|
|Designated|Funds||||134|5430|134|5430|
||||||30,665|26,681|30,733|26,552|
|Total Funds|||||30,690|26,711|30,758|26,582|
|||Notes|2022
f'000|2022
f'000|2021
f'000|2021
f'000|
|---|---|---|---|---|---|---|
|Net cash generated
from operating||17||4,829||5,617|
|activities|||||||
|Cash flows from Investing|activities||||||
|Purchase ofintangible
fixed|assets||(38)||(22)||
|Purchase oftangible
fixed assets|||(6,783)||(1,161)||
|Net cash used in Investing|activities|||(6,821)||(1,183)|
|Cash flows from financial activities|||||||
|Repayment
cfborrowings|||(437)||(437)||
|Payment ofobligations
under finance|||||||
|leases
Interest paid
Net cash outflow from financing|||(129)
~257|~823|(129)
~275|~838|
|Net increase ofcash and cash||||(2,815)||3,598|
|equivalents|||||||
|Cash and cash equivalents|at the||||||
|start ofthe year||||11,170||7,572|
|Cash and cash equivalents|at the||||||
|end ofthe year||||8,355||11 175|
|Analysis ofcash and cash|||||||
|equivalents|||||||
|Current Accounts||||4,355||11,170|
|Deposit Accounts||||4,000|||
|Total||||8,355||11,170|
|Net Debt|||||||
||||At|Cashf low|Other|At|
||||01/09/21
f'000|f'000|Movements
8'000|31/08/2022
f'000|
|Cash|||11,170|(2,815)||8,355|
|Loan:
falling due &1 year|||(437)|||(437)|
|Loan:
falling due &1 year|||(5,399)|437||(4,962)|
|Finance Lease Obligation|||356|129||227|
||||4,978|(2,249)||2,729|
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|off the cost over their expect|off the cost over their expect|ed useful
lives|
|---|---|---|
|Land is not depreciated|||
|Freehold|Buildings|50years|
|Agricultural|equipment|5years|
|Furniture|and equipment|5-10years|
|Computer|equipment|2 years|
|Motor vehicles||5years|
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|3|INCOME FROM CHARITABLE|INCOME FROM CHARITABLE|INCOME FROM CHARITABLE|ACTIVITIES|ACTIVITIES||||
|---|---|---|---|---|---|---|---|---|
||||||||2022
6'000|2021
f'000|
||School Fees receivable|comprised:|||||||
||Gross Fees||||||28,421|23,599|
||Less total scholarships,|bursaries|||and other fee||(2,675)|(2,583)|
||remissions||||||||
||Add back: Bursaries
paid for by|||the Hardship||Fund||21|
||||||||25,751|21,037|
||Other Educational
Income Comprised:||||||||
||Summer School Income||||||2,355||
||Quarantine
School/Holiday|||Club|||110|165|
||Other Charges
to Parents||||||2,264|1,465|
||Registration
Fees||||||73|64|
||||||||4,802|1,694|
||Total Income from Charitable|||Activities|||30,553|22,731|
|4|GRANTS SDONATIONS||||||||
||||||||2022|2021|
||Unrestricted||||||6'000|K'000|
||Coronavirus
Job Retention||Grant||(CJRS)||1|735|
||Donations||||||73|4|
||||||||74|739|
||Restricted||||||||
||Donations||||||15|54|
||Total Grants &Donations|||||||793|
|5|NON-ANCILLARY
TRADING INCOME||||||||
||||||||2022|2021|
||||||||F'000|6'000|
||School Shop sales||||||91|179|
||Lettings||||||39|8|
||Other non-ancillary
income|||||||5|
||||||||130|192|
|6|EXPENDITURE||||||||
||||||||2022|2021|
||Unrestric/ed
funds||||||K'000|E'000|
||Direct charitable
expenditure||includes:||||||
||The operating
surplus|is stated||after charging/(crediting)|||||
||Amorti
sation||||||24|28|
||Depreciation||||||1,494|1,532|
||Operating
Leases||||||95|79|
||(Income) from property||leases||||1|1|
|7|AUDITORS' REMUNERATION||||||||
||||||||2022|2021|
||For audit services||||||F'000|6'000|
||Audit ofthe company's|financial||statements|||20|19|
||Forother services||||||||
||Other assurance
services||||||||
||||||||23|22|
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|ber of higher paid employees,
as defined
by th|e Charities SORP, was:||
|---|---|---|
||2022|2021|
||No.|No.|
|E 60,001-E 70,000|6|6|
|E 70,001 - E 80,000|1|1|
|E 80,001 - E 90,000|2|1|
|E 90,001 - F100,000|1|1|
|E100,001 - F110,000|||
|E110,001 - E120,000|||
|E120,001 - F130,000|||
|E130,001 - E140,000|||
|E140,001 - E150,000|||
|E150,001 - E160,000|||
|E160,001 - E170,000|1*||
##
|ANALYSIS|OF EXPENDITURE 2022|||||
|---|---|---|---|---|---|
|||Staff|Other|Depreciation|Total|
|||Costs||&|2022|
|||||Amokls ation||
|||E'000|E'000|E'000|E'000|
|Cost of Raising Funds||||||
|Non-ancillary|trading|37|766|87|890|
|Finance Cost|||257||257|
|||37|1,023|87|1,147|
|Charitable|Activities|||||
|Teaching||11,470|3,534|127|15,131|
|Welfare||1,199|1,913||3,112|
|Premises||996|2,056|1,304|4,356|
|Support||1,867|1,158||3,025|
|Governance|Costs||20||20|
|||15,532|8,681|1,431|25,644|
|Expenditure|from other funds:|||||
|Restricted|||20||20|
|Total||15,569|9,724|1,518|26,811|
|ANALYSIS|OF EXPENDITURE 2021|||||
|||Staff|Other|Depreciation|Total|
|||Costs||&|2021|
|||||Amortisation||
|||E'000|000|E'000|E'000|
|Cost ofRaising Funds||||||
|Non-ancillary|trading|26|540|68|634|
|Finance Cost|||270||270|
|||28|810|68|904|
|Charitable|Activities|||||
|Teaching||10,054|1,668|110|11,832|
|Welfare||1,086|1,579||2,665|
|Premises||949|1,622|1,382|3,953|
|Support||1,996|904||2,900|
|Governance|Costs||19||19|
|||14,085|5,792|1,492|21,369|
|Expenditure|from other funds:|||||
|Restricted|||35||35|
|Total||14,111|6,637|1,5BO|22,308|
##
|INTANGIBLE ASSETS|INTANGIBLE ASSETS||
|---|---|---|
|Group &Charity||Software
g'000|
|Cost|||
|At 1 September 2021||453|
|Additions||38|
|Disposals|||
|At 31August|2022|491|
|Amortisation|||
|At 1 September 2021||393|
|Amortisation|charge for year|24|
|Eliminated
on Disposals|||
|At 31August|2022|417|
|Net book value|||
|At 31August|2022|74|
|At 31 August|2021|60|
##
|TANGIBLE ASSETS|||||
|---|---|---|---|---|
|Group|Freehold|Freehold|Assets|Agricultural|
||Property|Land|Under|Equipment|
||||Construction||
||E'000|5'000|6'000|E'000|
|Cost|||||
|At 1 September 2021|34,459|664|3,166|285|
|Additions|49|17|5,630|66|
|Transfer|8,348||(8,348)||
|Disposais|||||
|At 31August 2022|42 856|681|448|351|
|Depreciation|||||
|At 1 September 2021|10,519|||216|
|Charge for year|690|||34|
|Eliminated
on Disposals|||||
|At 31August 2022|11,209|||250|
|Net book value|||||
|At 31August 2022|31647|681|448|101|
|At 31 August 2021|23,940|664|3,166|69|
||IT and|Furniture|Motor|Totals|
||Computer|and|Vehicles||
||Equipment|Equipment|||
||8'000|F'000|6'000|f.'000|
|Cost|||||
|At 1 September 2021|2,203|11,194|688|52,659|
|Additions|224|712|85|6,783|
|Transfer|||||
|Disposais||||2|
|At 31August 2022|2,427|11,906|771|59,440|
|Depreciation|||||
|At 1 September 2021|2,053|9,053|473|22,314|
|Charge for year|122|556|92|1,494|
|Eiiminated
on Disposals|||2|2|
|At 31August 2022|2 175|9609|563|23806|
|Net book value|||||
|At 31August 2022|252|2,297|208|35,634|
|At 31 August 2021|150|2 141|215|30345|
|11|TANGIBLE ASSETS|Freehold|Freehold|Assets|Agricultural|
|---|---|---|---|---|---|
||(CONTINUED)|Property|Lane|Under|Equipment|
||Charity|E'000|K'000|Construction
E'000|6'000|
||Cost|||||
||At 1 September 2021|34,459|664|3,249|285|
||Additions|49|17|5,797|86|
||Transfer|8,598||(8,598)||
||Disposals|||||
||At 31August 2022|43,106|681|448|351|
||Depreciation|||||
||At 1 September 2021|10,519|||216|
||Charge for year|690|||34|
||Eliminated
on Disposals|||||
||At 31August 2022|11,209|||250|
||Net book value|||||
||At 31August 2022|31 897|681|448|101|
||At 31 August 2021|23,940|864|3,249|89|
|||ITand|Furniture|||
|||Computer|and|Motor||
|||Equipment|Equipment|Vehicles|Totals|
|||6'000|6'000|K'000|K'000|
||Cost|||||
||At 1 September 2021|2,203|11,194|110|52,164|
||Additions|224|712|7|6,872|
||Transfer|||||
||Disposals||||2|
||At 31August 2022|2,427|11,906|115|59,034|
||Depreciation|||||
||At 1 September 2021|2,053|9,053|95|21,936|
||Charge for year|122|556|5|1,407|
||Eliminated
on Disposals|||2|2|
||At 31August 2022|2,175|9,609|98|23,341|
||Net book value|||||
||At 31August 2022|252|2,297|17|35,693|
||At 31 August 2021|150|2,141|15|30,228|
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|DEBTORS|||||||
|---|---|---|---|---|---|---|
||||Group||Charity||
|||2022
f'000||2021
f'000|2022
f'000|2021
f'000|
|Fees Recoverable||871||896|871|896|
|Debt Provision||351||382|351|382|
|||520||514|520|514|
|Amounts
owed by subsidiary|||||||
|companies|||||230|226|
|Other debtors||74||17|43|4|
|Prepayments|and Accrued Income|419||510|419|509|
|||1,013||1,041|1,212|1,253|
##
|CREDITO|RS:|AMOUNTS
FALLING|DUE WITHIN|ONE|YEAR||||
|---|---|---|---|---|---|---|---|---|
|||||Group|||Charity||
||||2022||2021|2022||2021|
||||f'000||f'000|f'000||f'000|
|Net obligations||under finance|||||||
|leases|||129||129|129||129|
|Mortgage|Loans||437||437|437||437|
|Fees charged||in advance|442||564|442||564|
|Fees Paid|in Advance for Autumn||||||||
|Term|||2,622||3,737|2,622||3,737|
|Entrance|Fee|Deposits|924||780|924||780|
|Trade creditors|||443||422|440||395|
|Other taxation||and social security|||||||
|costs|||191||268|446||280|
|Amounts
owed||to subsidiary|||||||
|companies||||||||503|
|Other creditors|||1,112||1,069|1,112||1,064|
|Accruals|||976||1,220|841||596|
||||7,276||8,626|7,393||8,485|
##
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|||||||Group|||Charity||
|---|---|---|---|---|---|---|---|---|---|---|
||||||2022||2021|2022||2021|
||||||8'000||8'000|6'000||6'000|
||Entrance fee|deposits|||2,129||1,774|2,129||1,774|
||Fees charged|in advance|||||37|||37|
||Net obligations||under finance||||||||
||leases||||98||227|98||227|
||Mortgage
loans||||4962||5399|4962||5399|
||||||7,189||7,437|7,189||7,437|
|a)|Entrance fee|deposits are due as|||||||||
||follows:||||||||||
||Within
1 Year||||924||780|924||780|
||Between 2 and||5years||1,926||1,571|1,926||1,571|
||After 5years||||203||203|203||203|
||||||3053||2 554|3053||2 554|
|b)|Fees charged||in advance are due||||||||
||as follows:||||||||||
||Within
1 Year||||442||564|442||564|
||Between 2 and||5years||||37|||37|
||||||442||601|442||601|
|c)|Net obligations||under finance||||||||
||leases are due||ss follows:||||||||
||Within
1 Year||||129||129|129||129|
||Between 2 and||5years||98||227|98||227|
||||||227||356|227||356|
|d)|Mortgage loans repayable|||by|||||||
||instalments|are due as follows:|||||||||
||Within
1 Year||||437||437|437||437|
||Between 2 and||5years||1,747||1,747|1,747||1,747|
||After 5years||||3,215||3,652|3,215||3,852|
||||||5,399||5,838|5,399||5,836|
##
##
|MOVEM|ENT ON DEFE|RRED INCOME|||
|---|---|---|---|---|
||||2022|2021|
||||6'000|g'000|
|Deferred|income brought|forward|4,338|2,912|
|Release|in year||(4,301)|(3,070)|
|New provision
added|||3,027|4,496|
|Deferred|income carried|forward|3,064|4338|
##
##
|NET CASH GENERA|T|E|D|FRO|M O|PER|ATIN|G ACTIVITIES|||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2022|2021|
||||||||||K'000|K'000|
|Net incoming resources|||for|the year||to date|||3,979|1,475|
|Adjustments
for:|||||||||||
|Mortgage
interest paid|||||||||257|270|
|Operating
surplus|||||||||4,236|1,745|
|Amortisation
of intangible|||fixed||assets||||24|28|
|Depreciation
and impairment||||oftangible|||fixed|assets|1,494|1,532|
|Loss/(Profit)
on disposal|||of|tangible||fixed assets|||||
|Movements
in working||capital:|||||||||
|Decrease
in stock|||||||||79|19|
|Decrease
in debtors|||||||||28|207|
|(Decrease)/Increase|in|creditors|||||||1,032|2,086|
||||||||||4829|5,617|
|ALLOCATION
OF NET|||ASSETS2022||||||||
||||||Restricted|||Unrestricted|Designated|Total|
|||||||Funds||Funds|Funds||
|||||||F'000||K'000|8'000|g'000|
|Intangible
fixed assets||||||||74||74|
|Tangible
fixed assets||||||||35,634||35,634|
|Current assets|||||||25|9,288|134|9,447|
|Current
liabilities||||||||(7,276)||(7,276)|
|Long term liabilities||||||||7 189||7 189|
||||||||25|30531|134|30,690|
|ALLOCATION OF NET|||ASSETS 2021||||||||
||||||Restricted|||Unrestricted|Designated|Total|
|||||||Funds||Funds|Funds||
|||||||R'000||8'000|K'000|E'000|
|Intangible
fixed assets||||||||60||60|
|Tangible
fixed assets||||||||30,345||30,345|
|Current assets|||||||30|6,909|5,430|12,369|
|Current
liabilities||||||||(8,626)||(8,626)|
|Long term liabilities||||||||7437||7437|
||||||||30|21,251|5,430|26 711|
##
|FUNDS
FUNDS 2022|||||||
|---|---|---|---|---|---|---|
|||At 1|Income|Expenditure|Transfers|At 31|
|||September||||August|
|||2021||||2022|
|||E.'000|E.'000|E'000|E'000|E'000|
|Group|||||||
|Unrestricted
Funds|||||||
|General||21,251|30,704|(26,791)|5,367|30,531|
|Designated
funds:|||||||
|New Boarding House Fund||5,367|||(5,367)||
|Foundation
Fund||63|71|||134|
|Total unrestricted|funds|26,681|30,775|(26,791)||30,665|
|Charity|||||||
|Unrestricted
Funds|||||||
|General||21,122|30,736|(26,626)|5,367|30,599|
|Designated
funds:|||||||
|New Boarding House Fund||5,367|||(5,367)||
|Foundation
Fund||63|71|||134|
|Total unrestricted|funds|26,552|30,807|(26,626)||30,733|
|||At 1|Income|Expenditure|Transfers|At 31|
|||September||||August|
|||2021||||2022|
|||E'000|E'000|E'000|E'000|E'000|
|Group &Charity|||||||
|Restricted
Funds|||||||
|Building Project||1||||1|
|Hardship
Fund||26||(5)||21|
|Music Equipment||3||(3)|||
|Tree Project|||14|(11)|||
|Animal
Management|||1|1|||
|Total restricted funds||30|15|(20)||25|
##
|FUNDS 202|1|||||||
|---|---|---|---|---|---|---|---|
||||At 1|Income|Expenditure|Transfers|At 31|
||||September||||August|
||||2020||||2021|
||||8'000|E'000|E'000|E'000|E'000|
|Group||||||||
|Unrestricted|Funds|||||||
|General|||19,213|23,678|(22,273)|633|21,251|
|Designated|funds:|||||||
|New Boarding House Fund|||6,000|||(633)|5,367|
|Foundation|Fund||12|51|||63|
|Total unrestricted||funds|25,225|23,729|(22,273)||26,681|
|Charity||||||||
|Unrestricted|Funds|||||||
|General|||19,107|23,511|(22,129)|633|21,122|
|Designated|funds:|||||||
|New Boarding House Fund|||6,000|||(633)|5,367|
|Foundation|Fund||12|51|||63|
|Total unrestricted||funds|25,119|23,562|(22,129)||26,552|
|||At 1|Income|Expenditure|Transfers|At 31|
|---|---|---|---|---|---|---|
|||September
2020||||August
2021|
|||K'000|g'000|F'000|K'000|K'000|
|Group &Charity|||||||
|Restricted Funds|||||||
|Prep —Art prize||||(3)|||
|Building Project||||||1|
|COVID-19 Hardship|Fund||40|(21)||26|
|Music Equipment|||14|11||3|
|Total restricted funds||11|54|(35)||30|
##
##
##
##
##
##
##
##
##
##
|FUND TYPE|||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||Funds|Funds|2021|
|||6'000|f'000|5'000|
|INCOME FROM:|||||
|Charitable
Activities||22,731||22,731|
|Donations
and Legacies||739|54|793|
|Investment
Income||1||1|
|Other Income||66||66|
|Non-ancillary
trading|income|192||192|
|Total Income||23 729|54|23783|
|EXPENDITURE ON:|||||
|Cost of Raising Funds||904||904|
|Charitable
Activities||21 369|35|21 404|
|Total Expenditure||22 273|35|22 308|
|Net Income||1,456|19|1,475|
|Transfers
between|Funds||||
|Net Movement
in Funds||1,456|19|1,475|
|Fund Balances at 1"September 2020||25,225|11|25,236|
|Fund Balances at31"August 2021||26,681|30|26,711|
##
##
##
|||Dicker Enterprises|Dicker Enterprises|Letchfield Properties|Letchfield Properties|
|---|---|---|---|---|---|
|||Limited||Limited||
|||2022|2021|2022|2021|
|||E'000|E'000|E'000|E'000|
|Turnover||860|697|5,730|816|
|Expenses||893|637|5,567|796|
|Profit on Activities before charges||33|60|163|20|
|||2022|2021|2022|2021|
|||E'000|E'000|E.'000|E'000|
|Fixed Assets||192|200|||
|Net Current Assets|||22|||
|Net Assets||193|222|||
|Funds||193|222|9||
|||2022|2021|2022|2021|
|||E'000|E'000|E'000|E'000|
|Interest paid|to Charity on|||||
|Intercompany|loans|||||