## ## ## |Reference and Administrative|Details|| |---|---|---| |Strategic Report||2to 3| |Trustees' Report||4to 7| |Independent
Auditors'
Report||8to 11| |Consolidated
Statement ofFinancial Activities||12to 13| |Consolidated
Balance Sheet||14| |Balance Sheet||15| |Consolidated
Statement ofCash Flows||16| |Statement ofCash Flows||| |Notes to the Financial
Statements||18to 38| ## ||||Reference and Administrative|Reference and Administrative|Reference and Administrative|Reference and Administrative|Details|Details| |---|---|---|---|---|---|---|---|---| |Chairman|||P Hodkin|||||| |Trustees|||P Hodkin|||||| ||||JScarfe Beckett|||||| ||||SL Rush|||||| ||||A C Calcioli|||||| ||||M McEntyre|||||| |Secretary|||V Tupholme|||||| |Charity Registration||Number|287037|||||| |Company|Registration|Number|01720539|||||| ||||The charity|is incorporated||in England||and Wales.| |Registered|Office||Greenfields|School||||| ||||Priory Road|||||| ||||Forest Row|||||| ||||East Sussex|||||| ||||RHl8 SJD|||||| |Auditor|||Manningtons|||||| ||||39High Street|||||| ||||Battle|||||| ||||East Sussex|||||| ||||TN33 OEE|||||| |Solicitors|||Hodkin &Company|||||| ||||42-44 Copthorne||Road|||| ||||Felbridge|||||| ||||East Grinstead|||||| ||||West Sussex|||||| ||||RH19 2NS|||||| |Bankers|||HSBC Bank|pic||||| ||||56-58 London Road|||||| ||||East Grinstead|||||| ||||West Sussex|||||| ||||RH l9 IBJ|||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted||Total| |---|---|---|---|---|---|---| |||||funds|Other funds|2023| ||||Note|||| |Income and Endowments||from:||||| |Donations
and legacies||||20,577||20,577| |Charitable
activities||||2,152,656||2,152,656| |Subsidiary
income||||27,300||27,300| |Investment
income||||1,989||1,9$9| |Other income||||33,875||33,875| |Total income||||2,236,397||2,236,397| |Expenditure
on:||||||| |Subsidary
Expenditure||||(8,251)||(8,251)| |Charitable
activities||||(2,284,331)||(2,284,331)| |Total expenditure||||(2,292,582)||(2,292,582)| |Net expenditure||||~56,185)||| |Net movement
in funds||||(56,185)||(56,185)| |Reconciliation
offunds||||||| |Total funds brought|forward|||2,195,969|2,898,303|5,094,272| |Total funds carried|forward||22|2,139,784|2,898,303|5,038,087| ## ## |||||Unrestricted||Total| |---|---|---|---|---|---|---| |||||funds|Other funds|2022| ||||Note|f,|f|| |Income and Endowments||from:||||| |Donations
and legacies||||6,038||6,038| |Charitable
activities||||1,889,543||1,889,543| |Subsidiary
income||||38,120||38,120| |Investment
income||||137||137| |Other income||||30,800||30,800| |Total income||||1,964,63S||1,964,638| |Expenditure
on:||||||| |Subsidary
Expenditure||||(46,406)||(46,406)| |Charitable
activities||||(1,938,613)||(1,938,613)| |Total expenditure||||(1,985,019)||(1,985,019)| |Net expenditure||||(20,381)||(20,381)| |Net movement
in funds||||(20,381)||(20,381)| |Reconciliation
offunds||||||| |Total funds brought|forward|||2,216,350|2,898,303|5,114,653| |Total funds carried|forward||22|2,195,969|2,898,303|5,094,272| ## ## ||||||2023|2022| |---|---|---|---|---|---|---| |||||Note||f,| |Fixed assets||||||| |Tangible assets||||15|6,368,715|6,363,959| |Investments|||||I|1| ||||||6,368,716|6,363,960| |Current
assets||||||| |Stocks||||17|34,745|25,733| |Debtors||||18|65,935|67,119| |Cash at bank|and|in hand||19|300,927|571,710| ||||||401,607|664,562| |Creditors: Amounts|||falling due within one year|20|(397,325)|(551,306)| |Net current|assets||||4,282|113,256| |Total assets|less current liabilities||||6,372,998|6,477,216| |Creditors: Amounts|||falling due after more than one year|21|(1,334,910)|(1,382,943)| |Net assets|||||5,038,08$|5,094,273| |Funds ofthe group:||||||| |Unrestricted|income||funds|||| |Called up share capital|||||1|1| |Unrestricted|funds||||2,139,7&4|2,195,969| |Revaluation|reserve||||2,898,303|2,$98,303| |Total unrestricted||funds|||5,03$,088|5,094/73| |Total funds||||22|5,038,088|5,094+73| ## ## ||||||2023|2022| |---|---|---|---|---|---|---| |||||Note||f,| |Fixed assets||||||| |Tangible assets||||15|6,368,715|6,363,959| |Investments|||||1|1| ||||||6,368,716|6,363,960| |Current
assets||||||| |Stocks||||17|34,745|25,733| |Debtors||||1$|69,814|90,07$| |Cash at bank|and|in hand||19|289,983|552,751| ||||||394,542|668,562| |Creditors: Amounts|||falling due within one year|20|(390,261)|(545,223)| |Net current|assets||||4,281|123,339| |Total assets|less current liabilities||||6,372,997|6,487,299| |Creditors: Amounts|||falling due after more than one year|21|1,334,910)|1,382,943)| |Net assets|||||5,038,087|5,104,356| |Funds ofthe charity:||||||| |Unrestricted|income||funds|||| |Unrestricted|funds||||2,139,784|2,206,053| |Revaluation|reserve||||2,898,303|2,898,303| |Total unrestricted||funds|||5,038,087|5,104,356| |Total funds||||22|5,03$,087|5,104,356| ## ## |Consoli|dated
|S|tatement o|fCash Flows|for the Year End|ed 31August 2|023| |---|---|---|---|---|---|---|---| |||||||2023|2022| ||||||Note||| |Cash flows from operating||activities|||||| |Net cash expenditure||||||(56,185)|(20,381)| |Adjustments
to cash flows from non-cash||||items|||| |Depreciation||||||12,517|10,989| |Investment
income||||||(1,989)|137)| |||||||(45,657)|(9,529)| |Working capital adjustments|||||||| |Increase in stocks|||||17|(9,012)|(1,964)| |Decrease
in debtors|||||18|1,184|65,254| |Increase/(decrease)|in creditors||||20|36,879|(66,133)| |Decrease in deferred|income||||21|(18,762)|| |Net cash flows from|operating||activities|||35,368)|(16,828)| |Cash flows from investing
activities|||||||| |Interest receivable
and similar|||income||6|1,989|137| |Purchase oftangible|fixed assets||||15|17,273)|22,254)| |Net cash flows from|investing||activities|||(15,284)|(22,117)| |Cash flows from financing
activities|||||||| |Repayment ofloans|and borrowings||||20|(220,131)|(93,550)| |Net decrease
in cash|and cash|equivalents||||(270,783)|(132,495)| |Cash and cash equivalents
at||I|September|||571,710|704,205| |Cash and cash equivalents
at||31 August||||300,927|571,710| ## ## |||||2023|2022| |---|---|---|---|---|---| ||||Note||| |Cash flows from operating
activities|||||| |Net cash expenditure||||(66,270)|(12,095)| |Adjustments
to cash flows from non-cash||items|||| |Depreciation||||12,517|10,989| |Investment
income||||1,989)|137)| |||||(55,742)|(1,243)| |Working capital adjustments|||||| |Increase
in stocks|||17|(9,012)|(1,964)| |Decrease in debtors|||18|20,264|42,295| |Increase/(decrease)
in creditors|||20|35,899|(71,769)| |Decrease in deferred income|||21|(18,762)|(4,905)| |Net cash flows from operating|activities|||(27,353)|(37,586)| |Cash flows from investing
activities|||||| |Interest receivable
and similar|income||6|1,989|137| |Purchase oftangible
fixed assets|||15|(17,273)|(22,254| |Net cash flows from investing|activities|||(15,284)|(22,117)| |Cash flows from financing
activities|||||| |Repayment ofloans and borrowings|||20|(220,131)|(93,550)| |Net decrease
in cash and cash|equivalents|||(262,768)|(153,253)| |Cash and cash equivalents
at
1|September|||552,751|706,004| |Cash and cash equivalents
at 31 August||||289,983|552,751| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||||Unrestricted||| |---|---|---|---|---|---|---|---|---|---| ||||||||funds|Total|Total| ||||||||General|2023|2022| |Donations||and||legacies;|||||| ||Donations||to major||appeals||20,577|20,577|6,038| ||||||||20,577|20,577|6,038| |4|Income|from charitable||||activities|||| ||||||||Unrestricted||| ||||||||funds|Total|Total| ||||||||General|2023|2022| ||Greenfields|||School|||1,&07,869|1,807,869|1,543,025| ||Children's||House Nursery||||160,800|160,800|211,825| ||Effective|Education|||Centre||183,987|183,987|134,693| ||||||||2,152,656|2,152,656|1,889,543| ## ## |||Unrestricted||| |---|---|---|---|---| |||funds|Total|Total| |||General
f.|2023f|2022
f,| |Trading income;||||| |Newgale|Farm rents received|27,300|27,300|38,120| |||27,300|27,300|38,120| ## ## ## ## ## ## |||||||Unrestricted||| |---|---|---|---|---|---|---|---|---| |||||||funds|Total|Total| ||||||Note|General
f.|2023
f,|2022f| |Greenfieids||School||||1,879,936|1,879,936|1,556,998| |Children's|House Nursery|||||201,586|201,586|227,920| |Effective Education|||Centre|||176,592|176,592|129,997| |Depreciation,||amortisation||and other similar||||| |costs||||||12,518|12,518|10,988| |Governance||costs|||10|13,699|13,699|12,710| |||||||2,284,331|2,284,331|1,938,613| ## ## |Governance
costs||||| |---|---|---|---|---| |||Unrestricted||| |||funds|Total|Total| |||General|2023|2022| |||||f,| |Staffcosts||||| |Wages and salaries||2,839|2,839|2,660| |Audit fees||||| |Audit ofthe financial|statements|6,780|6,780|6,460| |Other fees paid to auditors||4,080|4,080|3,590| |||13,699|13,699|12,710| ## ## ## ## |Net outgoing
res|ources for the year include:||| |---|---|---|---| |||2023|2022| |Audit fees||8,892|8,380| |Other non-audit|services|5,664|4,730| |Depreciation of|fixed assets|12,518|10,988| ## ## |13 Staffcosts
The aggregate
payroll costs were as follows:||| |---|---|---| ||2023|2022| |||f,| |Staff costs during the year were:||| |Wages and salaries|1,425,373|1,167,2$8| |Social security costs|95,272|72,744| |Pension costs|22,071|16,520| ||1,542,716|1,256,552| |during the|year expressed as full time equivalents
was as follows:||||| |---|---|---|---|---|---| |||2023||2022|| |||No||No|| |Charitable|activities||83||74| |Newgale|Farm Cottages Limited (subsidiary)||I||1| ||||$4||75| ## ## ## ## ## |Group||||| |---|---|---|---|---| ||Land and|Furniture
and||| ||buildings|equipment|Motor vehicles|Total| |||f,|f,|| |Cost||||| |At
1 September 2022|6,330,275|342,821|23,780|6,696,876| |Additions||17,273||17,273| |At 31 August 2023|6,330,275|360,094|23,780|6,714,149| |Depreciation||||| |At 1 September 2022||310,313|22,604|332,917| |Charge for the year||11,341|1,176|12,517| |At 31 August 2023||321,654|23,780|345,434| |Net book value||||| |At 31August 2023|6,330,275|38,440||6,368,715| |At 31 August 2022|6,330,275|32,508|1,176|6,363,959| ## ## |Charity||||| |---|---|---|---|---| ||Land and|Furniture
and||| ||buildings|equipment|Motor vehicles|Total| |Cost||||| |At 1 September 2022|6,330,275|342,821|23,780|6,696,876| |Additions||17,273||17,273| |At 31 August 2023|6,330,275|360,094|23,780|6,714,149| |Depreciation||||| |At 1 September 2022||310,313|22,604|332,917| |Charge for the year||11,341|1,176|12,517| |At 31 August 2023||321,654|23,780|345,434| |Net book value||||| |At 31 August 2023|6„330,275|38,440||6,36$,715| |At 31 August 2022|6,330,275|32,508|1,176|6,363,959| ## ## ## ## ## ## |are as fol|low|s:|||||||| |---|---|---|---|---|---|---|---|---|---| ||||Country|of||Proportion|ofvoting rights|Principal|| |Undertaking|||incorporation||Holding|and shares|held|activity|| |||||||2023|2022||| |Subsidiary||undertakings|||||||| |||||||||Other
letting|| |Newgale
Limited|Farm Cottages||England|and Wales|Ordinary
Share|IPP%|100%|and operating
of
own
or
leased
real|| |||||||||estate|| ## ## ## ## |17 Stock|||||| |---|---|---|---|---|---| |||Group||Charity|| |||2023|2022|2023|2022| |Stocks||34,745|25,733|34,745|25,733| |18 Debtors|||||| |||Group||Charity|| |||2023|2022|2023|2022| |||f.|||| |Trade debtors||32,944|39,109|32,944|39,109| |Due &om group undertakings||||3,&79|22,959| |Prepayments||27,851|15,507|27,851|15,507| |Accrued income||5,140|12,503|5,140|12,503| |||65,935|67,119|69,814|90,078| |19 Cash and cash equivalents|||||| |||Group||Charity|| |||2023|2022|2023|2022| |Cash at bank||103,206|187,171|92,262|168,212| |Short-term|deposits|197,721|384,539|197,721|384,539| |||300,927|571,710|289,983|552,751| ## ## ## ## ## ## ## ## ## |Group|||||||| |---|---|---|---|---|---|---|---| |||||Balance at 1|||| |||||September|Incoming|Resources|Balance at 31| |||||2022|resolll ces|expended|August 2023
f| |Unrestricted||funds|||||| |General|||||||| |General|fund|||1,778,553|2@36,397|(2,212,844)|1,802,106| |Designated|||||||| |Norman|lewis designated||fund|417,416||(79,738)|337,678| |Total funds||||2,195,969|2,236,397|(2,292,582)|2,139,784| |||||Balance at 1|||| |||||September|Incoming|Resources|Balance at 31| |||||2021|resources|expended|August 2022
f| |Unrestricted||funds|||||| |General|||||||| |General|fund|||1,756,917|1,964,638|(1,943,002)|1,778,553| |Designated|||||||| |Norman|lewis designated||fund|459,433||(42,017)|417,416| |Total funds||||2,2]6,350|1,964,638|(1,985,019|2,195,969| ## ## ## |Charity||||||||| |---|---|---|---|---|---|---|---|---| |||||Balance at 1||||| |||||September|Incoming|Resources|Balance|at 31| |||||2022|resources|expended|August|2023| |Unrestricted||funds||||||| |General||||||||| |General|Fund|||1,788,637|2,218,061|(2,204,592)|1,802,106|| |Designated||||||||| |Norman|Lewis designated||fund|417,416||79,738)|337,678|| |Total funds||||2,206,053|2,218,061|2,284,330)|2,139,784|| |||||Balance at I||||| |||||September|Incoming|Resources|Balance|at 31| |||||2021|resources|expended|August|21122| ||||||f,|||| |Unrestricted||funds||||||| |General||||||||| |General|Fund|||1,758,715|1,926,518|(1,896,596)|1,788,637|| |Designated||||||||| |Norman|Lewis designated||fund|459,433||(42,017)|417,416|| |Total funds||||2,218,148|1,926,518|(1,938,613)|2,206,053|| ## ## ## ## |Group|||||| |---|---|---|---|---|---| ||||||Total funds at| ||||Unrestricted|funds|31August| ||||General|Designated|2023| |||||f.|| |Tangible|fixed|assets|6,364,057|4,658|6,368,715| |Fixed asset investments|||1||1| |Current|assets||68,587|333,020|401,607| |Current|liabilities||(397,325)||(397,325)| |Creditors over||1 year|(1,334,910)||(1,334,910)| |Total net assets|||4,700,410|337,678|5,038,088| ||||||Total funds at| ||||Unrestricted|funds|31 August| ||||General|Designated|2022| |Tangible|fixed|assets|6,357,297|6,662|6,363,959| |Fixed asset investments|||1||1| |Current|assets||253,808|410,754|664,562| |Current|liabilities||(551,306)||(551,306)| |Creditors|over|1 year|(1,382,943)||1,382,943)| |Total net assets|||4,676,857|417,416|5,094,273| |Charity|||||| ||||||Total funds at| ||||Unrestricted|funds|31August| ||||General|Designated
f|2023
f,| |Tangible|fixed|assets|6,364,057|4,658|6,368,715| |Fixed asset investments|||1||1| |Current|assets||61,522|333,020|394,542| |Current|liabilities||(390,261)||(390,261)| |Creditors|over|1 year|||1,334,910)| |Total net assets|||4,700,409|337,678|5,038,087| ## ## |||Notes to the Financial S|tatements
for the Year Ended|31August 20|23| |---|---|---|---|---|---| ||||||Total funds at| ||||Unrestricted|funds|31 August| ||||General|Designated|2022| |||||f,|| |Tangible|fixed|assets|6,357,297|6,662|6,363,959| |Fixed asset investments|||1||1| |Current|assets||257,808|410,754|668,562| |Current|liabilities||(545,222)||(545,222)| |Creditors|over|1 year|(1,382,943)||(1,382,943| |Total net assets|||4,686,941|417,416|5,104,357| ## ## ## ## ##