##
##
##
##
|||Page|
|---|---|---|
|Trustees'
report||1-3|
|Statement
oftrustees'|responsibilities||
|Independent
auditor's|report|5-8|
|Statement
offinancial|activities||
|Balance sheet||10|
|Statement ofcash flows|||
|Notes to the financial|statements|12-24|
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||||||||Unrestricted|Restricted|Total|Unrestricted|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||funds|funds||funds|
||||||||2022|2022||2021|
|||||||Notes|F|E|||
|Income and endowm||||nts|fr m'||||||
|Donations
and|legacies||||||52|405,482|405,534|86,000|
|Charitable
activities|||||||||||
|School fees|||||||3,773,163||3,773,163|3,503,663|
|Other educational|||income||||269,911||269,911|221,477|
|Catering
and welfare income|||||||116,226||116,226|67,005|
|Other income|||||||106,951||106,951|89,280|
|Investments|||||||2,195||2,195|540|
|Other income||||||||||12,416|
|Total income|||||||4,268,498|405,482|4,673,980|3,980,381|
|Ex
nditur
on:|||||||||||
|Charitable
activities|||||||||||
|Teaching costs||||||7|3,634,845||3,634,845|3,072,791|
|Premises||||||7|531,923||531,923|471,905|
|Welfare||||||7|111,968||111,968|83,475|
|Total charitable||expenditure|||||4,278,736||4,278,736|3,628,171|
|Finance costs||||||12|2,969||2,969|(10,478)|
|Total expenditure|||||||4,281,705||4,281,705|3,617,693|
|Net (expenditure)/income|||||for the year/||||||
|Net movement|in funds||||||(13,207)|405,482|392,275|362,688|
|Fund balances|at|1|September 2021||||2,143,198||2,143,198|1,780,510|
|Fund balances|at||31August 2022||||2,129,991|405,482|2,535,473|2,143,198|
##
##
|||Notes|, 2022
f||2021
f.||
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Tangible assets||13||840,061||806,950|
|Current assets|||||||
|Stocks||14|300||300||
|Debtors||15|823,053||200,184||
|Cash at bank and in|hand||1,905,722||1,822,902||
||||2,729,075||2,023,386||
|Creditors: amounts|falling due within||||||
|one year||16|(1,033,663)||(687,138)||
|Net current assets||||1,695,412||1,336,248|
|Total assets less current liabilities||||2,535,473||2,143,198|
|Income funds|||||||
|Restricted funds||17||405,482|||
|Unrestricted
funds|||||||
|Designated
funds||is|347,268||353,268||
|General unrestricted|funds||1,781,723||1,788,930||
|Share capital|||1,000||1,000||
|||||2,129,991||2,143,198|
|||||2,535,473||2,143,198|
##
##
|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|||E||
|Cash flows from operating||activities||||||
|Cash generated
from operations|||22||220,594||695,441|
|Investing|activities|||||||
|Purchase|oftangible
fixed assets|||(139,969)||(114,764)||
|Proceeds|from disposal oftangible
fixed|||||||
|assets||||||353||
|Investment|income received|||2,195||540||
|Net cash|used in investing|activities|||(137,774)||(113,871)|
|Net cash|used in financing|activities||||||
|Net increase
in cash and cash equivalents|||||82,820||581,570|
|Cash and|cash equivalents|at beginning|ofyear||1,822,902||1,241,332|
|Cash and|cash equivalents|at end of|year||1,905,722||1,822,902|
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|Forthe year|e|nded|31August 2|021||||||
|---|---|---|---|---|---|---|---|---|---|
|||||School fees|Other|educational|Catering and|Other income|Total|
|||||||income|welfare income||2021|
|||||f||f|f|f|f|
|School fees||||4,375,475|||||4,375,475|
|Private tuition||income||||176,620|||176,620|
|Afterschool
clubs||||||23,309|||23,309|
|Bursaries, discounts
scholarships
Exam fees|||and|(871,812)||13,710|||(871,812)
13,710|
|MHS Online||||||7,838|||7,838|
|Catering
and
Other income|welfare||||||67,005|89,280|67,005
89,280|
|||||3,503,663||221,477|67,005|89,280|3,881,425|
|Analysis
by fund
Unrestricted
funds||||3,503,663||221,477|67,005|89,280|3,881,425|
|Performance||related grants||||||||
|Bursaries and||allowances||(270,489)|||||(270,489)|
|Scholarships||||(355,431)|||||(355,431)|
|Sibling discounts
Staff discounts||||(117,261)
(128,631)|||||(117,261)
(128,631)|
|Other||||||||||
|||||(871,812)|||||(871,812)|
|Investments||||||||||
|||||||||Unrestricted|Unrestricted|
|||||||||funds|funds|
|||||||||2022|2021|
||||||||||E|
|Interestrece|iv|able||||||2,195|540|
##
##
##
|Other inco|me|||||
|---|---|---|---|---|---|
|||||Total|Unrestricted|
||||||funds|
|||||2022|2021|
|||||E|F|
|Net gain on|disposal oftangible||fixed assets
'||56|
|Coronavirus|job retention|scheme grant|||12,360|
||||||12,416|
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||||||Premises|2021|
|---|---|---|---|---|---|---|
||||||2022||
||||||F.||
|Grants to institutions:|||||||
|Cockleshell
Community|Sports Club||||20,000||
|Supportcosts|||||||
||Support|Governance|2022|Support|Governance|2021|
||costs|costs||costs|costs||
||||F|E|||
|Staff costs|224,193||224,193|170,501||170,501|
|Depreciation|106,858||106,858|106,084||106,084|
|Printing
&Stationery|44,813||44,813|30,865||30,865|
|Postage &carriage|2,340||2,340|2,775||2,775|
|Telephone||||1,563||1,563|
|Advertising|61,969||61,969|47,402||47,402|
|General insurances|39,398||39,398|27,415||27,415|
|Licences and|||||||
|subscriptions|12,912||12,912|17,910||17,910|
|Staff training|5,909||5,909|8,479||8,479|
|Computer
expenses|58,749||58,749|55,272||55,272|
|Aftercare expenses|17,616||17,616|5,325||5,325|
|Donations
& Charitable|||||||
|payments|12,000||12,000|6,000||6,000|
|Audit fees||11,520|11,520||11,200|11,200|
|Accountancy||7,608|7,608||7,080|7,080|
|Legal and professional||94,898|94,898||49,520|49,520|
|ISI Inspections||4,765|4,765||3,900|3,900|
|Sundry expenses||512|512||199|199|
||586,757|119,303|706,060|479,591|71,899|551,490|
|Analysed
between|||||||
|Charitable
activities|586,757|119,303|706,060|479,591|71,899|551,490|
##
##
##
##
##
##
||The average|monthly
numb|er
ofemployee|s
during the|year was:|||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||||Number|Number|
|||||||105|99|
||Employment|costs||||2022|2021|
||||||||E|
||Wages and salaries|||||2,785,626|2,405,320|
||Social security costs|||||234,682|197,487|
||Other pension costs|||||142,463|126,017|
|||||||3,162,771|2,728,824|
||The number|ofemployees|whose annual|remuneration|was more than f60,000|||
||is as follows:|||||||
|||||||2022|2021|
|||||||Number|Number|
||f80,001 -f90,000|||||||
|12|Finance costs|||||||
|Finance|costs|||
|---|---|---|---|
|||Unrestricted|Unrestricted|
|||funds|funds|
|||2022|2021|
|Financing|costs|2,969|(10,478)|
|||2,969|(10,478)|
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##
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##
##
|14|Stocks|||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||F|F|
||Finished goods and goods for resale|||300|300|
|15|Debtors|||||
|||||2022|2021|
||Amounts
falling due||within one year:||f.|
||Trade debtors|||47,239|33,330|
||Other debtors|||494,250|70,768|
||Prepayments|and accrued income||281,564|96,086|
|||||823,053|200,184|
|16|Creditors: amounts||falling due within one year|||
|||||2022|2021|
|||||F||
||Other taxation|and social security||62,218|111,563|
||Payments
received on account|||621,389|316,927|
||Trade creditors|||142,779|95,035|
||Other creditors|||100,668|141,923|
||Accruals and|deferred|income|106,609|21,690|
|||||1,033,663|687,138|
##
|||Movement||Movement||
|---|---|---|---|---|---|
|||in funds||in funds||
|||Incoming|Balance at|Incoming|Balance at|
|||resources|1September|resources|31August|
||||2021||2022|
||||||E|
|DLEU|Donation|||405,482|405,482|
##
##
##
##
||||Balance at|Transfers|Balance at|Transfers|Balance at|
|---|---|---|---|---|---|---|---|
||||1 September||1 September||31August|
||||2020||2021||2022|
|||||'E|||E|
|Scholarship||Reserve|285,000||285,000||285,000|
|MUGA|reserve||74,268|(6,000)|68,268|(6,000)|62,268|
||||359,268|(6,000)|353,268|(6,000)|347,268|
|Analysis of||net assets between funds||||||
||||Unrestricted||Restricted|Total|Unrestricted|
|||||funds|funds||funds|
|||||2022|2022|2022|2021|
||||||E|f.|E|
|Fund balances at 31August 2022 are represented||||||||
|by:||||||||
|Tangible assets||||840,061||840,061|806,950|
|Current|assets/(liabilities)|||1,289,930|405,482|1,695,412|1,336,248|
|||||2,129,991|405,482|2,535,473|2,143,198|
##
||2022|2021|
|---|---|---|
|||E|
|Within one year|184,753|154,526|
|Between two and five years|393,650|454,088|
||578,403|608,614|
##
##
##
##
||
(2021:F7,600).||||||
|---|---|---|---|---|---|---|
|22|Cash generated
from|operations|||2022|2021|
||Surplus for the year||||392,275|362,688|
||Adjustments
for:||||||
||Investment
income recognised
in statement||offinancial|activities|(2,195)|(540)|
||Gain on disposal oftangible
fixed assets|||||(56)|
||Depreciation
and impairment
oftangible fixed assets||||106,858|106,084|
||Movements
in working|capital:|||||
||(Increase)/decrease
in|debtors|||(622,869)|138,017|
||Increase
in creditors||||346,525|89,248|
||Cash generated
from|operations|||220,594|695,441|
|23|Analysis ofchanges|in net funds|||||
||The charity had no debt during the year.||||||