2023-08-31-accounts

Trustees		Mrs SEArnold
		Ms S EW Baber
		Mr I P Katte
		Mrs SJ Lacey
		Mr T G Smith
		Mr G Verity
		Mr P LWalton
		Mr RJ Williams
		Mr J L Patient
		Mr T G Pipe
		Mr ST Cooke	(Appointed	29 November	2022)
Secretary		Mrs C E Beddow
Headteacher		Mr C Webster
Charity number		295808
Company	number	02086298
Registered	office	Hoe Place
		Old Woking
		Woking
		Surrey
		United Kingdom
		GU22 8JE
Auditor		Azets Audit Services
		Ashcombe Court
		Woolsack Way
		Godalming
		Surrey
		United Kingdom
		GU7 1LQ
Bankers		National Westminister	Bank Pic
		PO Box 1
		2nd floor G3
		2 Cathedral Hill
		Guildford
		Surrey
		United Kingdom
		GU1 3ZR
Solicitors		Penningtons Manches	Cooper
		31 Chertsey Street
		Guildford
		Surrey
		United Kingdom
		GU14HD

		Page
Trustees' report		1-8
Independent auditor's	report	9-11
Statement offinancial	activities	12
Balance sheet
Statement ofcash flows		14
Notes to the financial	statements	15-27

		Leavers 2022-23
		Year 6 Leavers	Year 8 Leavers	Total
St John's School
St George' s, Weybridge
Reed's School
RGS, Guildford
Lord Wandsworth College
King Edward's School,	Witley
Charterhouse School
Claremont Fan School
Cranmore School
Seaford College
Woking High School
Cobham Free School
Glebelands School
Gordon's School
Tormead School
St Catherine's School
Guildford High School
Prior's Field School
ACS Egham
Roedean School
Hoe Bridge Senior School		30		30
	TOTAL

							Unrestricted	Unrestricted
							funds	funds
							2023	2022
						Notes	8	6
ncome	e	w
Grants						3	92,946	57,229
Income from	charitable		activities			4	6,501,896	5,832,012
Other income						5	628,319	518,972
Total income							7,223,161	6,408,213
~E* dit
Analysis ofexpenditure				on charitable	activities	6	6,882,927	6,240,651
Net income for the year/
Net movement		in funds					340,234	167,562
Fund balances at 1 September 2022							9,134,835	8,967,273
Fund balances		at 31	August 2023				9,475,069	9,134,835

						2023	2022
					Notes		6
Fixed assets
Tangible assets						12,049,751	11,772,157
Current assets
Debtors						1,673,064	1,402,748
Cash at bank and		in	hand			362,123	42,627
						2,035,187	1,445,375
Creditors:	amounts		falling due within
one year					13	(3,377,817)	(2,771,158)
Net current	liabilities					(1,342,630)	(1,325,783)
Total assets less		current iiabilities				10,707,121	10,446,374
Creditors:	amounts		falling due after
more than	one year				15	(1,232,052)	(1,311,539)
Net assets						9,475,069	9,134,835
Income funds
Unrestricted	funds	-	eneral
General unrestricted			funds			8,220,799	7,880,565
Revaluation	reserve					1,254,270	1,254,270
						9,475,069	9,134,835
The financial	statements			were approved	by the Trustees	on .Z-.6/. .&.j.%-+

				2023		2022
			Notes	6		6,
Cash flows from operating		activities
Cash generated from operations			23		959,645		743,889
Investing	activities
Purchase	oftangible fixed assets			(561,412)		(444,302)
Proceeds	from disposal oftangible fixed
assets				750
Net cash	used in investing	activities			(560,662)		(444,302)
Financing	activities
Repayment	ofbank loans			(79,487)		(79,487)
Net cash	used in financing	activities			(79,487)		(79,487)
Net increase in cash and		cash equivalents			319,496		220,100
Cash and	cash equivalents	at beginning	ofyear		42,627		(177,473)
Cash and	cash equivalents	at end ofyear			362,123		42,627

3	Grants
							Unrestricted Unrestricted
							funds	funds
							general	general
							2023	2022
							E	E
	Government	grants					92,946	57,229
	Grants receivable for core				activities
	Local Authority		funding				92,946	57,229
							92,946	57,229
4	Income from	charitable		activities
							2023	2022
							E	E
	Gross fees						6,786,280	6,088,631
	Less bursaries,		scholarships		and discounts		(300,659)	(269,594)
	Other income						16,275	12,975
							6,501,896	5,832,012
5	Other income
							Unrestricted	Unrestricted
							funds	funds
							general	general
							2023	2022
							E
	Net gain on disposal of			tangible		fixed assets	750
	Holiday camp						201,275	173,748
	After-school	clubs					195,017	166,558
	Treetops after		school care				113,074	107,517
	Trips and other income						118,203	71,149
							628,319	518,972

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7	Support costs	Support costs	Support costs
				Support	Governance	2023	Support costs	Governance	2022
				costs	costs			costs
				5	6			6
	Staff costs			255,211		255,211	238,904		238,904
	Finance costs			133,696		133,696	91,888		91,888
	Marketing		costs	32,543		32,543	28,775		28,775
	Other staff		costs	24,400		24,400	41,896		41,896
	Audit fees				13,500	13,500		10,725	10,725
	Accountancy				5,188	5,188		5,135	5,135
				445,850	18,688	464,538	401,463	15,860	417,323
	Analysed	between
	Charitable
	activities			445,850	18,688	464,538	401,463	15,860	417,323

The average	monthly number ofemployees during the	year was:
		2023	2022
		Number	Number
Teaching staff		56	56
Support staff		42	40
Facilities and	admin	13	13
			109
Employment	costs	2023	2022
		6
Vyages and salaries		3,606,363	3,400,036
Social security	costs	348,127	337,851
Employers' pension costs		348,209	339,560
		4,302,699	4,077,447

The number of employees whose annual remuneration were:	was 660,000 or more
	2023	2022
	Number	Number
660,000 -F69,999	4
670,000 -F79,999	2
F80,000-F89,999
F110,000 - 6119,999
6120,000 - 6129,999

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12	Debtors
						2023	2022
	Amounts falling due		within	one year:			8
	Trade debtors					1,596,029	1,308,849
	Other debtors						15,523
	Prepayments	and accrued income				77,035	78,376
						1,673,064	1,402,748
13	Creditors: amounts		falling due within one year
						2023	2022
					Notes	6
	Bankloans					79,487	79,487
	Other taxation	and social security				117,369	106,136
	Deferred income					2,442,213	2,009,696
	Trade creditors					73,456	98,524
	Other creditors					554,016	431,529
	Accruals and deferred		income			111,276	45,786
						3,377,817	2,771,158

14	Loans	and overdrafts
			2023	2022
				F
	Bankloans		1,311,539	1,391,026
	Payable	within one year	79,487	79,487
	Payable	after one year	1,232,052	1,311,539

									2023	2022
								Notes	6	6
	Bank loans								1,232,052	1,311,539
16	Deferred	income
									2023	2022
									6	6
	Arising from fees received				in advance				2,442,213	2,009,696
	Deferred	income is	included		in the financial	statements	as follows:
									2023	2022
									6	6
	Deferred	income is	included		within:
	Current	liabilities							2,442,213	2,009,696
	Movements in the year:
	Deferred	income at	1 September 2022						2,009,696	1,795,840
	Released from previous			periods					(2,009,696)	(1,795,840)
	Resources deferred		in the year						2,442,213	2,009,696
	Deferred	income at	31August 2023						2,442,213	2,009,696

21	Capital commitments	Capital commitments					2023	2022
							F.	6
	Contracted	for but not provided		in the	financial statements:
	Acquisition	of property,	plant and equipment					43,032
								43,032
22	Related party transactions
	Remuneration of key management				personnel
	The remuneration of key management				personnel	is as follows.
							2023	2022
							k	6
	Aggregate	compensation					335,939	338,779

	School fees		Provision ofprofessional	Provision ofprofessional
			services
	2023	2022	2023	2022
	F			S
Mrs H Davies (Bursar)	4,459
Mr P Walton (Trustee)	18,164	17,846
Mrs SArnold (Trustee)		20,210
Other related parties			4,049	4,535
	22,623	38,056	4,049	4,535

23	Cash generated from	Cash generated from	operations	operations				2023	2022
									6
	Surplus for	the year						340,234	167,562
	Adjustments	for:
	(Gain)/loss	on disposal	oftangible		fixed	assets		(750)	8,110
	Depreciation	and impairment		oftangible		fixed assets		283,820	270,352
	Movements	in working	capital:
	(Increase) in debtors							(270,318)	(12,280)
	Increase in	creditors						174,142	96,289
	Increase in	deferred income						432,517	213,856
	Cash generated from		operations					959,645	743,889
24	Analysis ofchanges		in net debt
							At 1 September	Cash flows	At 31August
							2022		2023
							5		8
	Cash at bank and in hand						42,627	319,496	362,123
	Loans falling	due within	one year				(79,487)		(79,487)
	Loans falling	due after	more than one year				(1,311,539)	79,487	(1,232,052)
							(1,348,399)	398,983	(949,416)