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|||||Notes|Restricted|Unrestricted|Total funds|Total funds|
|---|---|---|---|---|---|---|---|---|
||||||2023|2023|2023|2022|
||||||f|E|f|E|
|Income:|||||||||
|Donations
and legacies||||||4,273|4,273|3,865|
|Income from Charitable|Activities:||||||||
|Operation
ofSchool||||||15,134,053|15,134,053|13,849,770|
|Investment
Income|||||583|41,716|42,299|4,916|
|Total Income|||||583|15,180,042|15,180,625|13,858,551|
|Expenditure:|||||||||
|Expenditure
on Charitable||Activities:|||||||
|Operation
ofSchool||||||14,784,661|14,784,661|12,897,354|
|Total Expenditure||||||14,784,661|14,784,661|12,897,354|
|Net income
and net movement|||in funds||||||
|for the year|||||583|395,381|395,964|961,197|
|Transfers between funds||||13|(583)|583|||
|Reconciliation
offunds:|||||||||
|Total funds brought
forward|||||50,000|16,974,539|17,024,539|16,063,342|
|Total funds carried forward||||13|50,000|17,370,503|17,420,503|17,024,539|
|||Notes|2023|2022|
|---|---|---|---|---|
|Fixed assets|||||
|Tangible assets
Investments||9
l0|13,987,463
1|14,120,170
1|
|Total Fixed assets|||13,987,464|14,120,171|
|Current assets|||||
|Debtors|||772,509|564,524|
|Cash at bank and in hand|||5 215751|5 541347|
|Total Current assets|||5,988,270|6,106,371|
|Liabilities|||||
|Creditors
falling due within one|||||
|year||l2|(2,555,231)|(3,202,003)|
|Net Current assets|||3,433,039|2,904,368|
|Total assets less current|liabilities||17420 503|17024 539|
|Net assets|||17420 503|17024 539|
|The funds ofthe charity:|||||
|Unrestricted
income funds||13|17,370,503|16,974,539|
|Restricted
Income funds||l3|50,000|50,000|
|Total Charity funds||I3,14|17420503|17,024,539|
||||||Notes|2023|2022|
|---|---|---|---|---|---|---|---|
|Net cash provided
by operating|||activities||l7|225,705|2,623,909|
|Investing
activities||||||||
|Interest income||||||40,249|2,350|
|Purchase oftangible
fixed||assets||||(592,040)|(1,425,371)|
|Proceeds from disposal|of|motor|vehicle||||200|
|Cash used in investing|activities|||||(551,791)|(1,422,821)|
|Net (decrease)/increase|in|cash|and cash|||||
|equivalents
in the year||||||(326,086)|1,201,088|
|Cash and cash equivalents||at the beginning||of||||
|the year||||||5,541,847|4,340,759|
|Total cash and cash equivalents|||at the end|of||||
|the year||||||5,215,761|5,541,847|
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||||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||f|f|
|Tuition fees||||||||15,586,851||14,346,303|
|Bursaries, scholarships||and discounts|||||~3337 197|||~3383 944|
|Tuition fees net of|bursaries,||scholarships||and discounts|||14,249,654||13,162,359|
|Registration
fees|||||||||32,120|35,050|
|Fees in lieu ofnotice|||||||||30,940|15,240|
|Catering|||||||||34,953|30,748|
|School transport|||||||||193,245|176,497|
|Outings,
trips, activities||and|other income||||||593,141|429,876|
|||||||||~~14~Q5$||~477Q|
|me from charitable|activities||was f15,134,053 (2022:f13,849,770)ofwhich|||||f15,134,053was unrestricted|||
|22:f13,849,770) and|fnil|was restricted||(2022:fnil).|||||||
|Investment
income|||||||||||
||||||||||2023|2022|
||||||||||f||
|Interest income|||||||||40,249|2,350|
|Rental income|||||||||2,050|2,566|
||||||||||42 2||
|stment
income was|f42,299||(2022:f4,916)of which|||f39,666|was unrestricted||{2022:f4,499)and|f583 was|
|ricted (2022:f417)|||||||||||
|Analysis ofexpenditure||on|charitable|activities|||||||
|||Staff Costs|||Other costs||Depreciation||Total 2023|Total 2022|
||||f|||f|f||f|f|
|Teaching costs||7,741,408|||1,274,659||186,893||9,202,960|8,466,772|
|Premises costs||337,455|||1,912,468||490,522||2,740,445|2,012,882|
|Catering|||||1,011,670||12,036||1,023,706|853,906|
|School transport|||||414,842||||414,842|371,469|
|Administration||1,006,922|||360,490||35,296||1,402,708|1,192,325|
||||||||~74 747||147~551|12~97354|
##
##
|This is stated after charging:|This is stated after charging:|2023|2022|
|---|---|---|---|
||||E|
|Auditor's|remuneration|15,300|30,900|
|Depreciation
on owned assets||724,747|671,712|
|Operating|lease|20,242|25,289|
|Profit on|disposal ofmotor vehicles|(-)|(200)|
|The related costs were:|2023|2022|
|---|---|---|
||E|E|
|Wages and salaries|7,266,601|6,603,642|
|Social security costs|692,162|638,794|
|Pension contributipns|1,127,022|1,062,453|
||gJQ 1~75||
##
||2023|2022|
|---|---|---|
|Teaching and teaching support|137|130|
|Administration|27|25|
|Premises|8||
||172||
##
|9|Tangible fixed assets|||||||
|---|---|---|---|---|---|---|---|
||||Freehold||Assets|||
||||land and|School|under|Motor||
||||buildings
f|Equipment
f|construction
f|vehicles
f|Total
f|
||Cost or valuation|||||||
||As at 1September|2022|18,128,430|4,677,212||137,321|22,942,963|
||Additions|||302,086|226,760|63,194|592,040|
||Transfers||329,786|(329,786)||||
||As at 31August 2023||18,458,216|4,649,512|226,760|200,515|23,535,003|
||Depreciation
As at 1September|2022|4,898,403|3,804,483||119,907|8,822,793|
||Charge for the year||461,490|246,265||16,992|724,747|
||As at 31August 2023||5,359,893|4,050,748||136,899|9,547,540|
||Net Book Value|||||||
||31August 2023||13098 323|598.764|226„760|63616|13987463|
||31August 2022||13 23Q,027|872.729||17 414|14,120170|
##
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|ear ended
|31August|2023|||
|---|---|---|---|---|
|Creditors|||2023|2022|
||||f|f|
|Amounts|falling due within one year||||
|Trade creditors|||467,802|328,905|
|Taxation|and social security costs||179,179|169,107|
|Other creditors|||711,443|676,498|
|Accruals|and deferred|income|1,196,807|2,027,493|
||||2,555,231|3,202,003|
##
##
|ferred Income move|m|ents|are as|follows|||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||2023||2022|
||||||||||f|f|
|Balance as at 1September|||2022|||||1,232,522||791,785|
|Released
in the Year||||||||(1,232,522)||(791,785)|
|Deferred
in the year||||||||1115321||1232 522|
|Balance as at 31August 2023|||||||||||
|ferred income relates||to School fees for the Autumn||||term|f1,012,199(2022:f1,122,754)||and|future terms|
|03,122(2022:f109,768)|||||||||||
|alysis ofcharitable|funds||||||||||
|2023|||Balance at|||||||Balance at 31|
|||September||2022|Income||Expenditure|Transfers||August 2023|
|Unrestricted
funds|||||||||||
|General fund|||16,974,539||15,180,042||(14,784,661)|583||17,370,503|
|Restricted funds|||||||||||
|SSND Endowment||||50,000||583||(583)||50,000|
|Total funds|||17,024,539||15,180,625||(14,784,661)|||17,420,503|
|2022|||Balance|at||||||Balance at 31|
|||September||2021|Income||Expenditure|Transfers||August 2022|
|Unrestricted|||||||||||
|funds|||||||||||
|General fund|||16,013,342||13,858,134||(12,897,354)|417||16,974,539|
|Restricted funds|||||||||||
|SSND Endowment|||||||||||
|||||50,000||417||(417)||50,000|
|Total funds|||16,063,342||13,858,551||(12,897,354)|||17,024,539|
##
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|2023|Unrestricted
Funds|Restricted|Funds|Total Funds|
|---|---|---|---|---|
||E||f|E|
|Fixed Assets 8 Investments|13,987,464|||13,987,464|
|Debtors|772,509|||772,509|
|Cash at bank|5,165,761||50,000|5,215,761|
|Creditors|(2,555,231)|||(2,555,231)|
|TOTAL FUNDS|17,370,503||50,000|17,420,503|
|2022|Unrestricted
Funds|Restricted|Funds|Total Funds|
||f||f|f|
|Fixed Assets|14,120,171|||14,120,171|
|Debtors|564,524|||564,524|
|Cash at bank|5,491,847||50,000|5,541,847|
|Creditors|(3,202,003)|||(3,202,003)|
|TOTAL FUNDS|16,974,539||50,000|17,024,539|
##
|The total future|minimum|lease payments|under non-cancellable|operating|leases are as follows:||
|---|---|---|---|---|---|---|
||||||2023|2022|
||||||f|f|
|Within one year|||||8,020|15,935|
|Within two to|five years||||32,080|32,080|
||||||40,100|48,015|
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|Reconciliation
ofnet move|men|t
in funds to net cash flow fro|m operating
activities||
|---|---|---|---|---|
||||2023|2022|
||||f|E|
|Net movement
in funds
Adjustments
for:|||395,964|961,197|
|Interest received
Depreciation|||(40,249)
724,747|(2,350)
671,712|
|(Increase)
in debtors
(Decrease)/Increase
Profit on disposal of|in creditors
motor vehicle||(207,985)
(646,772)|(63,213)
1,056,763
(200)|
|Net cash inflow from operating||activities|225,705|2,623,909|
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