2023-08-31-accounts

				Pages
Trustees' annual report (incorporating the		directors'	report)	1 to 12
Independent auditor's report to	the members			13to 16
Statement offinancial activities	(including	income and
expenditure account)				17
Statement offinancial position				18
Statement ofcash flows				19
Notes to the report and financial	statements			20to 29

Reference	and adm		inistrative	inistrative	details
Registered	charity		name		The Gatehouse	Educational		Trust	Limited
Charity registration			number		282558
Company	registration			number	01536398
Principal office and			registered		Gatehouse School
office					Sewardstone Road
					Victoria Park
					London
					E29JG
Website					www. gatehouseschool.		co.uk
The trustees					R Bhumbra
					R Newhall
					J CScott
					JSBeck
					J Hodgson
					SBPritchett-Brown
					I Duncan				(Resigned 31August 2023)
					C J Clark				(Resigned 31August 2023)
					M E Punt				(Resigned 8 December 2022)
Key management		personnel			S Korbay (head)
					TC Sewell (bursar)
Company	secretary				TC Sewell
Auditor					Quay Business	Advice	Limited
					Chartered accountants		&statutory		auditors
					1 Town Quay Wharf
					Abbey Road
					Barking
					Essex IG11 7BZ
Banks m					Lloyds TSBPic
					Threadneedle Street Branch

					2023	2023	2022
					Unrestricted
					funds	Total funds	Total funds
				Note	6	6	E
Income and	endowments
Donations and legacies				4	28,000	28,000	5,000
Charitable activities				5	7,534,364	7,534,364	6,657,706
Investment	income			6	447	447	17
Total income					7,562,811	7,562,811	6,662,723
Expenditure
Expenditure	on charitable	activities		7	(6,905,586)	(6,905,586)	(6,277,764)
Total expenditure					(6,905,586)	(6,905,586)	(6,277,784)
Net income	and net movement		in funds		657,225	657,225	384,939
Reconciliation offunds
Total funds	brought forward				7,589,407	7,589,407	7,204,468
Total funds	carried forward				8,246,632	8,246,632	7,589,407

31August	202	3
					2023		2022
				Note	5		S
Fixed assets
Tangible fixed assets				13		8,079,285	8,390,399
Current assets
Debtors				14	207,969		109,801
Cash at bank	and	in	hand		3,048,385		2,131,270
					3,256,354		2,241,071
Creditors: amounts			falling due within one year	15	(1,764,306)		(1,280,977)
Net current	assets					1,492,048	960,094
Total assets	less	current liabilities				9,571,333	9,350,493
Creditors: amounts			falling due after more than
one year				16		(1,324,694)	(1,781,079)
Net assets						8,246,639	7,589,414
Funds ofthe charity
Share capital						7	7
Unrestricted	funds					8,246,632	7,589,407
Total charity	funds					8,246,639	7,589,414

Year ended 31August		2023
					2023	2022
						F
Cash flows from operating		activities
Net income					657,225	384,939
Adjustments for.
Depreciation oftangible fixed		assets			359,345	374,313
Other interest receivable and		similar income			(447)	(17)
Interest payable and similar	charges				122,063	75,447
Changes in:
Trade and other debtors					(98,168)	47,700
Trade and other creditors					464,906	19,728
Cash generated from operations					1,504,924	902,110
Interest payable and similar	charges				(122,063)	(75,447)
Interest received					447	17
Net cash from operating activities					1,383,308	826,680
Cash flows from investing	activities
Purchase oftangible assets					(48,231)	(72,607)
Net cash used in investing	activities				(48,231)	(72,607)
Cash flows from financing		activities
Repayment ofborrowings					(417,962)	(165,649)
Net cash used in financing	activities				(417,962)	(165,649)
Net increase in cash and	cash equivalents				917,115	588,424
Cash and cash equivalents		at beginning	ofyear		2,131,270	1,542,846
Cash and cash equivalents		at end ofyear			3,048,385	2,131,270
Analysis ofchanges in net		debt
						At
				At1 Sap 2022	Cash flows	31Aug 2023
					6	6
Cash at bank and in hand				2,131,270	917,115	3,048,385
Debt due within one year				(457,183)	(18,423)	(475,606)
Debt due after one year				(1,761,079)	436,385	(1,324,694)
				(86,992)	1,335,077	1,248,085

Charitable a	ctivi	ties
				Unrestricted	Total Funds	Unrestricted
				Funds	2023	Funds 2022
				6
Fees income				6,988,114	6,988,114	6,200,142
After school	club,	activities	and music	361,642	361,642	310,443
Prompt payment		discounts	net of
admin fees charged				(31,050)	(31,050)	(30,500)
Transport				190,705	190,705	137,939
Registration	fees			22,529	22,529	37,510
Other income				2,424	2,424	2,172
				7,534,364	7,534,364	6,657,706

6.	Investment	income
					Unrestricted	Total Funds	Unrestricted
					Funds	2023	Funds 2022
					E	E	E
	Bank interest	receivable			447	447	17
7.	Analysis of	expenditure	on charitable	activities
						2023	2022
	School operation costs
	Staff costs					4,828,635	4,301,079
	Educational	supplies				394,359	335,803
	Catering costs					429,496	397,708
	Premises costs					526,260	527,993
	Transport expenses					98,956	81,901
	Depreciation					359,345	374,313
	Finance costs					122,063	75,447
	Support and	governance	costs			146,472	183,540
						6,905,586	6,277,784

Expenditure on charitable activities was f6,9 unrestricted.	05,585 (2022 - E6,277,784) all of	which was
Finance costs
Interest on bank loans	116,427	67,748
Bank charges	5,636	7,699
	122,063	75,447

8.	Support an	d governance costs
			2023	2022
				r
	Support costs
	Legal and professional		71,277	108,624
	Telephone,	postage and stationery	17,689	21,631
	General expenses		31,886	25,865
			120,852	156,120
	Governance	costs
	Audit fees		10,500	10,020
	Accountancy	fees	15,120	17,400
			25,620	27,420
9.	Net income
	Net income	is stated affer charging/(crediting):
			2023	2022
	Depreciation	oftangible fixed assets	359,345	374,313
	Operating lease rentals		16,831	30,109
10.	Auditors remuneration
			2023	2022
			6	6
	Fees payable for the audit ofthe report and financial statements		10,500	10,020

offull-tim	e equivalent em	ployees during the year is analy	sed as follows:
			2023
			No.
Number	ofteachers and	support staff	95
Number	ofadministrative	staff	6
			101

Staff costa (continual)
The number ofemployees	whose remuneration	for the year fell	within the following	bands, were:
			2023	2022
			No.	No.
f60,000to 669,999			10	12
670,000to 579,999			1	3
580,000to f89,999			4	2
f90,000to 599,999			1	1
f100,000toE109,999			1	1
f110,000to 6119,999			2	1
			19	20

No trustees in this or the previous year charity. Tangible fixed assets	has claimed expenses or ha	d their expense	s met by the
		Improvements
	Equipment	to property	Total
	5	E	5
Coat
At 1 September 2022	661,660	10,552,686	11,214,346
Additions	48,231		48,231
At 31August 2023	709,891	10,552,686	11,262,577
Depreciation
At 1 September 2022	489,988	2,333,959	2,823,947
Charge for the year	54,977	304,368	359,345
At 31August 2023	544,965	2,638,327	3,183,292
Carrying amount
At 31August 2023	164,926	7,914,359	8,079,285
At 31August 2022	171,672	8,218,727	8,390,399

Debtors
			2023	2022
			6	5
Trade debtors			101,928	45,181
Prepayments	and accrued income		106,041	58,488
Other debtors				8,132
			207,969	109,801
Creditors: amounts		falling due within one year
			2023	2022
			5	F
Bank loans and overdrafts			475,606	457,183
Trade creditors			75,060	17,864
Accruals and	deferred	income	861,637	522,474
Social security	and other taxes		96,323	16
Other creditors			255,680	183,440
			1,764,306	1,280,977

2023	2022
6
1,324,694	1,761,079

Operating lea	Operating lea	se commit	ments
The total future		minimum	lease payments	under non-cancellable	operating	leases are as follows.
						2023	2022
							6
Not later than		1 year				119,480	145,469
Later than	1 year and not		later than 5years			419,708	439,632
Later than	5years				2,101,596		2,201,672
					2,540,784		2,786,793