2022-08-31-accounts

Chairperson	Chairperson	and			Mrs A Westcott
Director/Trustee
Directors	and Trustees				AWestcott
					AJemal
					A Howell
					KJeyarajah
					D Canade				Appointed	November	2021
									Resigned	September	2022
Head Teacher:					Miss A Gay
The Bursar:					Charlotte Hick				resigned	11 March 2022
Company	registered			number:	01524865
Chadty registered			number:		281566
Registered		Office:			64 Priory Close
					Green Road
					Southgate, London,		N4 4AT
					London
					N4 4AT
Bankers:					National Westminster		Bank Pic
					12The Broadway
					South gate
					London
					N14 6QF
					CCLA Investment	Management
					Ltd
					COIF Investment	Management		Ltd
					Senator House
					85 Queen Victoria	Street,
					London,
					EC4V4ET

he ear ended 31 Au u	st 2022
Auditors:	Moore Kingston	Smith	LLP
	6th Floor
	9Appold Street
	London
	EC2A 2AP
Solicitors:	Stone King LLP
	13Queen Square
	Bath
	BA1 2HJ
Pension Schemes:	Teachers' Pensions
	Mowden Hall
	Darlington
	DL3 9EE
Insurance brokers:	Marsh Ltd - Education		Practice
	Capital House
	1 - 5 Perrymount	Road
	Haywards Heath
	West Sussex
	RH16 3SY

			Total	Total
		Notes	2022	2021
				E
INCOME FROM:
Charitable Activities
School fees			908,303	886,345
Other educational	income		125,176	82,423
Other income
Other trading income
Other activities				243
Investments
Investment Income			2,773	230
Voluntary sources
Grants and donations			5,000	30,905
Total income and endowments			1,041,252	1,000,146
EXPENDITURE ON:
Charitable activities
Education			1,480,917	1,499,070
Total expenditure			1,480,917	1,499,070
Net operating incomel(expenditure)			(439,665)	(498,924)
Net gains on investments
Net income/(expenditure)			(439,665)	(498,924)
Transfer between funds
Net movement in funds			(439,665)	(498,924)
Fund balances brought	forward		1,254,669	1,753534
Fund balances carried forward		18,19	815,004	1,254,610

31 Au ust 202	2
				Notes	2022	2021
					F	5
FIXEDASSETS
Tangible assets				13	349,953	419,618
					349,953	419,618
CURRENT ASSETS
Debtors					142,050	129,672
Cash at bank and	in hand				658,155	1,171,591
					800,205	1,301,263
CREDITORS: Amounts		falling due within one year			(252,827)	(353,195)
NET CURRENT ASSETS					547,378	948,066
TOTAL ASSETS	LESS	CURRENT LIABILITIES			897,331	1,367,686
CREDITORS: Amounts		falling due after more than one	&	16	(81,&27)	(113,076)
NET ASSETS					815,504	1,254,610
FUNDS
Unrestricted funds	—designated			16	75	75
Unrestricted funds	—general			18	815,429	1,254,535
					815,504	1,254,610

e earended 31 Au ust2	e earended 31 Au ust2	e earended 31 Au ust2	022
CASH FLOW STATEMENT				Notes	2022	2021
					K	F
Net cash	inflow from operating		activities	23	(516,768)	(379,759)
Cash flows from investing		activities:
Bank interest received					2,773	230
Net cash	outflow from investing		activities		2,773	230
Increase/(decrease) in cash					(513,995)	(379,529)
Cash and	cash equivalents	at the
beginning	ofthe reporting	period			1,179,676	1,559,205
Cash and	cash equivalents	at the
end ofthe	reporting period				665,681	1,179,676

3	FEE INCOME
	The School's activities are carried out within the UK.			2022	2021
	The school's fee income		compdsed:		6
	Gross fees			951,803	919,105
	Less: Scholarships	and bursaries		(43,500)	(32,760)
				908,303	886,345
4	OTHER EDUCATIONAL		INCOME
				2022	2021
				6
	Extras and disbursements			17,766	4,313
	Registration fees			2,820	1,020
	Early years funding			52,223	48,774
	Other income			52,367	28,316
				125,176	82,423
5	OTHER TRADING	INCOME
				2022	2021
					6
	Other income				243
					243
6	INVESTMENT INCOME			2022	2021
				F	6
	Interest received			2,773	230
				2,773	230
7	DONATIONS AND	GRANTS
				2022	2021
				6	E
	Furlough Grant				3,826
	Other grants				10,149
	Donations			5,500	16,930
				5„500	30,905

	Charitable expenditure	Charitable expenditure	Charitable expenditure	Charitable expenditure		Staff costs			Total
						(note 9)f	Other f	Depreciation 6	2022 F
	Teaching					555,633	69,526		625,159
	Welfare						135,192		135,192
	Premises and Estates						253,780	69,665	323,445
	Administration					216,325	143,616		359,941
	Governance						37,180		37,180
	Total Charitable	Expenditure				771,958	639,294	69,665	1,480,917
	Total Expended					771,958	639,294	69,665	1,480,917
	Charitable expenditure					Staff costs			Total
						(note 9)	Other	Depreciation	2021
							8		E
	Teaching					557,594	38,599		596,193
	Welfare						103,624		103,624
	Premises and Estates						209,359	69,665	279,024
	Administration					277,770	213,387	433	491,590
	Governance						28,639		28,639
	Total Charitable	Expenditure				835,364	593,608	70,098	1,499,070
	Total Expended					835,364	593,608	70,098	1,499,070
(b)	Other Governance		Costs include:					2022	2021
									E
	Auditors' remuneration
	-Audit Fees							17,589	16,950
	- Over/underprovision			from previous	year				(3,363)
	-Other Auditors	remuneration						18,567	10,897
	Legal and Professional			Fees				989

for	t	he earended 3	1	Au us	t 2022
						2022	2021
(c)		Administration	Costs			8	K
		Salaries				189,747	235,788
		National Insurance				14,346	22,473
		Pension Costs				12,232	15,176
		Redundancy Costs					4,333
		Subscriptions				11,228	12,694
		Staff travel				217
		Operating Leases				6,639	2,213
		IT support				6,918	16,281
		Postage and stationery				5,176	14,005
		Telephones				3,285	11,413
		Marketing and advertising				35,631	13,317
		Website				6,350	120
		Miscellaneous - Administration				16,279	11,353
		Bad debts				22,530	59,436
		Depreciation					433
		Recruitment Costs				2,136	5,330
		Other Administration		Costs		24,623	63,524
		Bank charges and	interest			2,604	3,701
						359,941	491,590
	9	STAFF COSTS				2022	2021f
		Wages and salaries				605,982	611,516
		Redundancy and settlement			costs		30,437
		Social security costs				58,505	58,285
		Other pension costs				91,637	99,884
		Other staff costs				15,834	35,242
						771 958	835364

NET INCOME FDR THE YEAR		2022	2021
		K
Net income is stated after charging:
Depreciation oftangible fixed assets		69,665	70,098
Operating lease rentals —other		158,519	158,520
Auditor's remuneration
Audit services for the school- current year		17,5&9	16,950
Prior year underprovision		1,233	(3,363)
Other auditors' remuneration		18,567	10,897
TANGIBLE FIXEDASSETS		Fixtures
	Leasehold	&
Cost:	Property 6	Fittingsf	Total 6
At 1 September 2021	1,409,694	309,844	1,719,538
Disposals
At 31 August 2022	1,409,694	309,844	1,719,538
Depreciation:
At 1 September 2021	990,076	309,844	1,299,920
Charge for year	69,665		69,665
Disposals
Transfer
At 31 August 2022	1,059,741	309,844	1,369,585
Net book value:
At 31 August 2022	349,953		349,953
At 1 September 2021	419,618		419,618
			Page 21

14	DEBTORS
		2022	2021
		6	6
	Fees and extras	134,157	234,666
	Less provision for doubtful debts	(68,897)	(173,370)
	Other debtors	9,734	5,502
	Prepayments and accrued income	67,056	62,874
		142050	129672
15	GRED(TORS
	Amounts falling due within one year:	2022	2021
			6
	Trade creditors	48,477	17,132
	Taxation and social security costs	2&,062	203,225
	Fee Deposits	21,920	17,175
	Feesin advance	107,847	52,039
	Other creditors	20,781	24,707
	Accruals	25,740	38,917
		252022	353195
	Defen ed income:	2022	2021
		6	6
	Brought forwards	52,039
	Released in year	(52,039)
	Received in year	107,847	52,039
	Carried forwards	107,847	52,039

		2022	2021
		F	6
Amounts	falling due after more than one year:
School	fee deposits	81,827	113,076
		81 827	113878
		2022	2021
		6	6
Movement	on other creditors
In one	year or less	21,920	17,175
Between two and five years		81,827	113,076
		1033747	130,25'I

		At 1 September 2021	Income	Expenditure	Transfer Between Funds	At 31 August 2022
		E	E	E	E
Unrestricted	funds:
General reserve		1,254,594	1,Q41,252	(1,480,917)		814,929
Total designated						75
Total funds		1,254,669	1,041,252	(1,480,917)		815,0Q4
		At 1 September 2020	Income	Expenditure	Transfer Between Funds	At 31 August 2021
			E		F
Unrestricted	funds:
General reserve		1,753,459	1,000,146	(1,499,070)		1,254,535
Total designated		75				75
Total funds		1,753,534	1,000,146	(1,499,070)		1,254,610

ANALY	SIS OF NET ASSETS BETWEEN FUN	DS
		Unrestricted	2022
		funds	Total
		5	6
Tangible	fixed assets	349,953	349,953
Current	assets	800,205	800,205
Current	liabilities	(252,827)	(252,827)
Long term liabilities		(81,827)	(81,827)
Total net assets		810,004	015504
		Unrestricted	2021
		funds	Total
		6	6
Tangible	fixed assets	419,618	419,618
Current	assets	1,301,263	1,301,263
Current	liabilities	(353,195)	(353,195)
Long term liabilities		(113,076)	(113,076)
Total net assets		1,254,610	1,254,610

			2022	2021	2022	2021
			Equipment	Equipment	Land 8	Land 8
					Buildings	Buildings
Due	within one year		8,852	8,852	152,306	152,306
Due	between	two and five years			456,917	609,224
			0052	0852	600 222	761 530

r t	he year ended 31 August 2022	he year ended 31 August 2022
23	NOTES TO THE CASHFLOW STATEMENT
			2022	2021
	Reconciliation ofoperating	result to net cash Inflow from	E
	operating activities
	Net movement in funds		(439,665)	(498,924)
	Depreciation		69,665	70,098
	Bank interest received		(2,773)	(230)
	Increase/(Decrease) in creditors		(131,617)	55,906
	(Increase)/Decrease in debtors		(12,378)	(6,609)

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