## |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| |u
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(tl M||| ## ## |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||| ## ## |||||IA
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LA| ## ## ## |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)| ##