2022-08-31-accounts

					Pages
Governors'	annualreport				1 to 9
Independent	auditor's	report to	the members		10to 12
Statement	of Financial	Activities	(incorporating	income and	13
expenditure	account)
Statement	of Financial	Position			14
Statement	ofCash Flows				15
Notes to the financial		statements			16to 23

REFEREN	CE AND AD	MINIST	RATIVE	DETAILS
Registered	charity name			Kingshott	School Trust Limited
Charity number				280626
Company	registration number			1507581
Website				www. kingshottSchool.		corn
Registered	office			Kingshott	School, St	Ippolyts,	Hitchin,	Herts, SG4 7JX
Our Professional Advisers
Auditor	Moore Kingston		Smith	4 Victoria Square, StAlbans,			Herts,	AL1 3TF
Bankers	Barclays	Bank	Pic	PO Box	No. 1,5/6 High Street, Hitchin,				Herts, SG5 1BJ
Solicitors	Foreman	Laws		25 Bancroft, Hitchin,		Herts, SG51JW

						2022	2021
						Total funds	Total funds
						6
Income					Note
Charitable activities					5	5,378,932	4,791,442
Donations and legacies (including			furlough	income)	6	13,444	105,918
Investment	income				7	20	199
Total income						5392396	4897 559
Expenditure
Expenditure	on charitable	activities				(5,350,220)	(4,546,612)
Expenditure	on raising funds					89485	87,401
Total expenditure						5439705	4634013
Net income	before investment		gains			47 309	263 546
Net income	and net movement		in funds		10	47	263546
Reconciliation offunds
Total funds	brought forward					10,271,388	10,007,842
Total funds	carried forward					10,224,079	10,271,388

			Note	2022	2021
Fixed assets
Tangible fixed assets			13	12,608,633	12,827,554
Current assets
Debtors			14	94,757	36,750
Cash at bank and in hand				1,094.800	1,116,817
				1,189,557	1,153,567
Creditors: amounts	falling	due within one year	15	1 076435	993128
Net current assets I	(liabilitiesl			113122	160,439
Total assets less current		liabilities		12,721,755	12,987,993
Creditonu amounts	falling	due after more than one year	16	2 97877	2716605
Net assets				10224 079	10271 388
Funds ofthe charity
Unrestricted funds				10,224,079	10,271,388
Total charity funds				10,224,079	10,271,388

		2022f	2021f
Cash flows from operating activities
Net income for the year		(47,309)	263,546
Adjustments for:
Depreciation of tangible fixed assets		431,659	377,157
Interest payable		89,485	87,401
Changesin:
(Increase) IDecrease in debtors		(58,007)	(3,152)
(Decrease) in creditors		135621	200 764
Cash generated from operations		280,207	524,188
Interest received		20	199
Net cash from operating activities		280187	523989
Cash flows from investing activities
Purchase of property, plant and equipment		(212,739)	(247,620)
Proceeds from sale of listed investments
Net cash used in investing activities		212739	247 620
Cash flows from financing activities
Interest paid		(89,485)	(87,401)
Proceeds from borrowings —interest received		20	199
Net cash from financing activities			87202
Net (decrease)/increase in cash and cash		(22,017)	189,167
Cash and cash equivalents at beginning	ofyear	1 116817	927650
Cash and cash equivalents at end ofyear Analysis ofcash and cash equivalents		1094800	1 116817
		2,022 f	2021 f
Cash at bank and in hand		1094800	1 116817
		1094800	1 116817
Analysis ofchanges in net debt
				At end or
		At start ofyearf	Cash flows f	year f
Cash		1,116,817	(22,017)	1,094,600

useful eco	nomic	life ofthat asset as follows	:
Buildings			-	2%- 10% straight		line
Computers			-	15%straight	line
Vehicles,	garden	equipment	-	20% straight	line
Swimming	Pool		-	5%straight	line

5.Incom	e from	Ch	aritab	le	activities
						Total Funds	Total Funds
						2022	2021
						6	E
School	and registration			fees		5,152,296	4,827,277
Bursaries and		discounts				(127,076)	(103,168)
Fee reductions		and COVID-19 bursaries					(75,740)
Other educational			income			353 712	143,073
						5378 932	4791442
6.Income from		Donations			and legacies
						Total Funds	Total Funds
						2022f	2021f
Donations	receivable					10,000	54,450
Furlough	income	COVID-19				3,444	51,468
Legacies
						13444	105918

7. Investment		income
									Total Funds	Total Funds
									2022	2021
									8	6
Bank interest									20	199
										199
8. Expenditure		on charitable		activities
Expenditure				Staffcosts			Other f	Depreciation F	Total 2022 6	Total 2021
Teaching costs				2,918,474			568,584	141,761	3,628,819	3,107,907
Welfare costs							293,759		293,759	227,450
Premises costs					220,777		296,750	289,898	807,425	669,824
Support costs					369,150		251 067		620217	541 431
				3,508,401			1,410,160	431,659	5,350,220	4,546,612
Expenditure				Staff costs			Other	Depreciation	2021	Total 2020
						6	6		6	6
Teaching costs				2,651,005			327,472	129,380	3,107,907	3,400,961
Welfare costs							227,450		227,450	186,231
Premises costs					178,810		243,237	247,777	669,824	636,682
Supportcosts					356 596		184835		541431	629554
				3	186461		982994	377157	4546612	4853428
Support costs	include governance				costs	of615,505(f16,184 - 2021)
9.Expenditure		on raising funds
									Total Funds	Total Funds
									2022	2021
									6	6
Bank interest payable									89485	87,401
									89485	87401
10.Net income
Net income is	stated after charging:
									2022	2021
									6	6
Remuneration	to the auditors		for		audit services				15,000	15,000
Depreciation of		tangible fixed	assets						431,659	377,157

The total staff costs and e	mployee	ben	efits f	or	the year are analysed	as follows:
							2022	2021
							E	E
Wages and salaries						2,752,255		2,499,090
Supply teachers						54,726		22,670
Social security costs						274,562		249,426
Employer contributions		to pension		plans		426 858		415,275
							4 1	3186461
The average head count ofemployees			during	the year was 75(73-2021)
During the year, termination	payments		including		notice, were payable	totalling E70,121 for 3staff.
							2022	2021
							No.	No.
Teaching							57	54
Other							18	19
							75	73
The number ofemployees	whose	remuneration			for the year fell within	the following	bands, were:
							2022	2021
660,000to E69,999							1	1
E70000to E79999							1	1
E60,000to E69,999
E90,000to E99,999
E100,000 toE110,000

13.Tangible Fixed Asset	s
Cost		Land and buildings		Furniture and equipment		Swimming Pool	Vehicles		Total
			E			E	E		E
At 1 September 2021		14,636,381		1,002,846		305,608	75,200	16,020,035
Additions		24,387		30,365		136,963	21,024		212,739
Assets no longer in use
At 31August 2022		14660 768		1033	211	442 571	96224	16232774
Depreciation
At 1 September 2021		2,517,159		543,646		57,988	73,688		3,192,481
Eliminated on not in use
Charge for the year		288,386		129,380		12,381	1 512		431659
At 31August 2022		0 5					7 200		2414
Carrying amount
At 31August 2022		11 55223		360	185	372202	21 024	1	6 8 33
At 31 August 2021		12,119,222		459,200		247,620	1,512	12,827,554
There has been no adjustment		to the value	ofthe land.
14.Debtom
							2022		2021
							E		E
Trade debtors							83,794		71,484
Provision							(33,771)		(74,482)
Prepayments							6,393		19,353
Other debtors							38341		20 395
							94757		36750
15. Creditonn amounts	falling due within		one	year			2022		2021
							E		E
Bank loans							226,293		229,078
Trade creditors							32,305		11,986
Accruals							103,171		46,066
Fees received in advance							537,790		555,912
Deposits							27,300		27,300
Social security and other taxes							64,159		59,690
Other creditors							85417		63096
							4		993128
Fees in advance relate to	fees paid ahead ofthe			school year		2022/23
Balance at 01/09/21							555,912
Redeemed against current fees							(555,912)
Received in advance of01/09/2022 for 2022 fees							537 790
Balance at 31/08/2022							537,790