2022-12-31-accounts - The Swedish Folk High School

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			Unrestricted	Unrestricted
			funds	funds
			2022	2021
		Notes
Income and endowments Grants Charitable activities Investments Government grants	from:		262,640 521,776 44,073 6,343	262,110 90,907 27,740 71,719
Total income			834,832	452,476
Ex enditure on: Charitable activities			800,150	429,964
Net income for the year/ Net movement in funds			34,682	22,512
Fund balances at 1 January	2022		1,087,478	1,064,966
Fund balances at 31 December 2022			1,122,160	1,087,478

			Notes	2022	2021
Fixed assets
Tangible assets			10	1,019,069	1,023,360
Current assets
Debtors Cash at bank and	in	hand		240,865 341,531	165,827 271,293
Creditors: amounts		falling due within		582,396	437,120
one year			13	(369,367)	(207,318)
Net current assets				213,029	229,802
Total assets less	current liabilities			1,232,098	1,253,162
Creditors: amounts		falling due after
more than one year			14	(109,938)	(165,684)
Net assets
				1,122,160	1,087,478
Income funds
Unrestricted funds
General unrestricted Revaluation reserve		funds		1,040,735 81,425	1,006,053 81,425
				1,122,160	1,087,478
				1,122,160	1,087,478

		2022		2021
	Notes
Cash flows from operating activities Cash generated from operations	19		81,364		30,758
Investing activities Purchase oftangible fixed assets		(4,241)
Proceeds from disposal oftangible fixed assets Investment income received		250 44,073		27,740
Net cash generated from investing activities			40,082		27,740
Financing activities Proceeds from new bank loans Repayment of bank loans		(51,208)		90,000 (59,741)
Net cash (used in)/generated from financing activities			(51,208)		30,259
Net increase in cash and cash equivalents			70,238		88,757
Cash and cash equivalents at beginning	ofyear		271,293		182,536
Cash and cash equivalents at end of	year		341,531		271,293

		Unrestricted	Unrestricted
		funds	funds
		2022	2021
		K
Staff costs
Depreciation and impairment		384,153	267,966
Commission and discounts Material / library / student Sport hall costs Staff canteen / welfare / entertainment		6,356 31,008 207,924 767	7,787 2,048 52,682
Building costs Marketing costs Bus passes Other administration costs - main		11,055 80,679 8,479 15,550	4,180 44,183 7,084 16
Representation / British Council		26,448	19,837
Subscriptions and professional fees Bank charges Loan interest Loss on disposal oftangible fixed assets		3,837 1,943 1,709 6,286	3,708 2,401 970 7,423
		1,926
Share ofgovernance costs (see	note )	788,120 12,030	420,285 9,679
		800,150	429,964

Tangible fixed asset
	Freehold land and buildings	Plant and Motor vehicles equipment		Total
Cost
At 1 January 2022 Additions Disposals	1,000,000	181,546 4,241	12,620	1,194,166 4,241
At 31 December 2022	1,000,000	185,787	(11,820) 800	(11,820) 1,186,587
Depreciation and impairment
At 1 January 2022
Depreciation charged in the year Eliminated in respect ofdisposals		160,552 6,309	10,254 47	170,806 6,356
			(9,644)	(9,644)
At 31 December 2022
		166,861	657	167,518
Carrying amount
At 31 December 2022	1,000,000	18,926	143	1,019,069
At 31 December 2021	1,000,000	20,994	2,366	1,023,360

Amounts falling due within one year:	Amounts falling due within one year:	2022	2021
Trade debtors
Other debtors		152,418	139,323
Prepayments	and accrued income	16,424	9,017
		72,023	17,487
		240,865	165,827

12	Loans and overdrafts	Loans and overdrafts					2022 F	2021f
							138,119	189,327
		Bank loans
							28,181	23,643
		Payable within one year					109,938	165,684
		Payable after one year
		Amounts included above which		fall due after five years:
							2,789	34,755
		Payable by instalments
		The long-term loans are secured			by fixed charges over the freehold	land and building.
13		Creditors: amounts	falling due		within one year		2022	2021
						Notes	F	F
						12	28,181	23,643
		Bank loans Other taxation and social security				15	5,226 271,674	3,923 153,978
		Deferred income					43,486	4,066
		Trade creditors					5,787	1,499
		Other creditors					15,013	20,209
		Accruals
							369,367	207,318
	14	Creditors: amounts	falling	due after more than one year			2022	2021
						Notes	F.
						12	109,938	165,684
		Bank loans
	15	Deferred income
							2022	2021
							F	F
		Arising from course	fees				271,674	153,978

Deferre	d income
				(Continued)
			2022	2021
Deferred	income is included	within:
Current	liabilities
			271,674	153,978
Movements in the year:
Deferred	income at 1 January	2022
Released from previous periods Resources deferred in the year			153,978 (153,978)	54,802 (54,802)
			271,674	153,978
Deferred	income at 31 December 2022
			271,674	153,978

FOR	THE YEAR ENDED 31	DECE	BE
						(Continued)
18	Related party transactions
	Trustees
	There are no related party transactions		with any trustees	for both the current and prior	year.
					2022		2021
19	Cash generated from operations
					34,682		22,512
	Surplus for the year
	Adjustments for: Investment income recognised in statement offinancial Loss on disposal oftangible fixed assets Depreciation and impairment oftangible fixed assets			activities	(44,073) 1,926 6,356		(27,740) 7,787
	Movements in working capital:				(75,038)		(61,004)
	(Increase) in debtors Increase/(decrease) in creditors				39,815 117,696		(9,973) 99,176
	Increase in deferred income
	Cash generated from operations				81,364		30,758
20	Analysis ofchanges in net	funds		At 1January 2022 R	Cash flows	At 31	December 2022f
	Cash at bank and in hand			271,293	70,238		341,531
	Loans falling due within one Loans falling due after more	year than one	year	(23,643) (165,684)	(4,538) 55,746		(28,181) (109,938)
				81,966	121,446		203,412