2022-08-31-accounts - Halstead St Andrew's School Trust

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Governors	Governors
						Mri M PTaylor (Chair)
						Mr) Bueno
						Ms W-L Chua
						Mr Wi Henderson-Deeves
						MrIW Kerr
						Dr C LMcShane
						Mrs C Phillips
						Mr L Pytel
						Miss R Ross
						MrI A BSpeed
						Mrs KAWyborn
						Mrs D Morgan (appointed	22.03.2022)
Secretary						MrAG Law
Head						Mr D P Fitzgerald
Charity	Number					297580
Company		Number				01942216
Registered		Oflice	gr	Principal	Address	Church Hill House
						Horsell
						Woking
						Surrey
						GU21 4QW
Auditors						TCGroup
						The Courtyard
						Shoreham Road
						Upper Beeding
						Steyning
						West Sussex
						BN44 3TN
						United Kingdom
Bankers						Lloyds Bank pic
						Woking GU1 3ZR
						Barclays Bank pic
						Woking GU21 6AE
Solicitors						Veale Wasbrough
						Bristol 851SWS
						GBH Law Ltd
						Elstead GUB 6LB

			Page
Governors'	Report (Incorporating	Strategic Report)
Statement	ofGovernors' Responsibilities
Report of	the Independent Auditors
Statement	of Financial Activities		12
Balance Sheet			13
Cash Flow	Statement		14
Notes tothe Financial Statements			15

			Unrestricted	Restricted	Total 2022	Total 2021
			funds	funds
INCOME FROM:		Notes	E	6	6	E
Donations and legacies		6	13.173	10,515	23,688	4,852
Grants		7				14,102
Investments		8	181		181	5
Charitable activities		9	4,087,072		4,087,072	4,032,254
Totalincome			4,100,426	10,515	4,110,941	4,051,213
EXPENDITURE ON:		10
Charitable activities			3,941,087		3,941,0$7	3,855,013
Total expenditure			3,941,087		3,941,087	3,855,013
Net income/expenditure			159,339	10,515	169,854	196,200
Transfers between	funds	21	10,515	(10,515)
Net movement in funds			169,$54		169,854	196,200
Fund balances brought forward		21	2,731,672		2,731,672	2,535,472
Fund balances at carried forward		21	2g901p526		2,901,526	2,731,672

					2022		2021
			Notes
Cash flows from operating	activities:
Net income forthe year					169,854			196,200
Adjustments for:
Depreciation charges			13	186,161		175,197
Interest paid			10	73,725		64,521
Interest received			8	(181)			(5)
(Increase)/decrease in debtors			15	(54,859)		(13,465)
Increase/(decrease) in creditors			16,17	139,025		81,217
					343,871			307,465
Net cash provided by/(used activities	in) operating				513,725			503,665
Cash flows from investing	activities:
Interest received			8	181			5
Purchase oftangible fixed assets			13	(92,555)		(103,662)
Net cash used in investing	activities				(92,374)			(103,657)
Cash flows from financing	activities:
Interest paid			10	(73,725)		(64,521)
Repayment ofborrowings			18	(67,372)		(56,005)
Net cash used in financing	activities				(141,097)			(120,526)
Increase/(decrease) in cash and cash equivalents in the year					280,254			279,482
Cash and cash equivalents the year	atthe beginning	of			589,747			310,265
Cash and cash equivalents	atthe end ofthe				870,001			589,747
year
Analysis ofnet cash/(debt)			At 1September		Cash flow	Non-cash	At	31August
				2021		Changes		2022
				6		6		6
Cash at bank and in hand				589,747	280,254			870,001
Bank loan within one year				(71,739)	(67,372)	71,739		(67,372)
Bank loan after one year				(2,072,256)	67,372	(4,367)	(2,009,251)
				(1,554,248)	280,254	67,372	(1,206,622)

		Unrestricted	Total	Total
			2022	2021
			E	E
Interest		181	181
INCOME FROM CHARITABLE ACTIVITIES
			Total	Total
			2022	2021
			E	E
Gross school fees			4,183,527	4,167,021
Less bursaries	and allowances		(233A34)	(226,468)
Less Covid-19	realignment			(29,966)
Net school fees			3,950,093	3,910,587
A&Id:
Extras income			24A68	10,032
Registration fees			8,875	7,100
After school clubs			28,831	28,320
Easter and Summer camps			71,081	71,632
Other ancillary	income		3,724	4,583
			4,087,072	4,032,254

		Staff costs	Depreciation	Other	Total	Total
				costs
					2022	2021
		6	E	E	E	E
Charitable	expenditure:
Education
Teaching		2,159,679		135,742	2,295,421	2,389,425
Welfare		1,880		402,891	404,771	321,643
Premises		50,304	186,161	520,890	757,355	710,300
Support and governance		272,349		211,191	483,540	433,645
Total expenditure		2,484,212	186,161	1,270,714	3,941,087	3,855,013

Analysis ofsupport an	d gove	ance costs:
				Total	Tota I
				2022	2021
				6	6
666 Current auditors' remuneration		for audit services		9,900	9,600
Previous auditors' remuneration		for non-audit	services		1,740
Governors' expenses Total governance costs ~5t:				50 9,950	407 11,747
Printing, postage and telephone Legal and professional fees relating to support Support staff wages, national insurance and pension Advertising and marketing Interest payable Other support costs				17,879 24,815 272,349 33,742 73,725 51,080	21,201 25,877 245,519 33,819 64,521 30,961
				473,590	421,898
Total support and governance				483,540	433,645
STAFFCOSTS
The average monthly	number	ofemployees	during the year was:
				2022	2021
				Number	Number
Teaching				61	61
Premises				2	2
Support				9	7
				72	70
The aggregate payroll	costs for the year were as follows:			2022	2021
				6	6
Wages and salaries Social security costs				2,029,047 202,102	2,024,145 201,601
Other pension costs				253,063	351,224
				2,484,212	2,576,970

				2022	2021
				f	f
Aggregate	employee benefits of key management	personnel	(including	406,391	396,025
employer	pension contributions)
Wages and	salaries includes ENil (2021:f17,000)of redundancy		costs.

			Unrestricted	Restdicted	Total 2021
			funds	funds
INCOME FROM:		Notes	f	f	f
Donations and legacies		6	1,048	3,804	4,852
Grants		7	14,102		14,102
Investments		8	5		5
Charitable activities		9	4,032,254		4,032,254
Total income			4,047,409	3,804	4,051,213
EXPENDITURE ON:		10
Charitable activities			3,855,013		3,855,013
Total expenditure			3,855,013		3,855,013
Net income/(expenditure)			192,396	3,804	196,200
Transfers between funds		21	3,804	(3,804)
Net movement in funds			196,200		196,200
Fund balances brought	forward	21	2,535,472		2,535,472
Fund balances at carried forward		21	2,731,672		2,731,672

		Freehold	Leasehold	Fixtures &	Motor
		Property	Buildings	Fittings	Vehicles	Total
		E
Cost
At 1September 2021			5,512,756	668,426	105,889	6,287,071
Transfer from dissolved	company	405,713				405,713
Additions			18,829	73,276		92,555
Disposals				~196,956)		(196,956)
At31August 2022		405,713	5,531,585	545,196	105,889	6,588,383
Depreciation
At 1September 2021			1,223,206	400,533	82,728	1,706,467
Transfer from dissolved	company	133,900				133,900
Charge for the year		6,600	126,975	46,785	5,801	186,161
Eliminated on disposal				~1196.95		J196.9i31
At31August 2022		140,500	1,350,181	250,365	88,529	1,829,575
Net book value
At31August 2022		265,213	4,181,404	294,831	17,390	4,758,808
At 31August 2021			4,289,550	267,893	23,161	4,580,604
INVESTMENTS
Shares in group undertakings						School
Cost
At 1September 2021						100
Disposals						(100)
At 31August 2022
Net book value
At 31August 2022
At 1September 2021						100

The School disposed ofinv	estments in the followin	g company during th	e year:
Sankins Limited		Company	number		01902142
Registered in England and	Wales	%ofshare	capital owned	OI(4	(2021:100%)
				Sankins Umited
				2022	2021
				E	E
Summary trading results:
Turnover
Administrative expenses					(6,600)
Net profit/(loss)					(6,600)
Summary balance sheet: Fixed assets Creditors falling due within	one year				271,813 ~{433,313
Net assets					(133,800)
Aggregate share capital and reserves					(133,800)
Contdbution by parent company
The parent charity contribution tothe results for		the year is as follows:
Income Expenditure Net income/(expenditure)	for the year				4,051,213 ~3.343,4 ~ 202,800
DEBTORS
				2022	2021
Fee debtors				89,158	66,107
Amounts due from subsidiary					405,613
Prepayments and accrued	income			31,034	36,681
Other debtors				59,485	22,030
				179,677	530,431

	2022	2021
Trade creditors	14,034	39,509
Other creditors and accruals	69,707	45,424
Social security and other taxes	61,435	61,191
Fees in advance	531,911	402,188
Bank loans (see note 18)	67,372	71,738
	744,459	620,050

			2022	2021
			f	f
Pupil deposits			153,250	143,000
Bank loans (see note 18)			2,009,251	2,072,257
			2,162,501	2,215,257
BANK LOANS
Bank loans are wholly repayable	in instalments	as follows:
			2022	2021
			f	f
Less than one year			67,372	71,738
In more than one year but less than	five years		269,490	286,960
In more than five years			1,739,761	1,785,297
			2,076,623	2,143,995

		Balance at1	Income	Expenditure	Transfer	Balance at 31
		September				August 2022
		2021
		E
Unrestricted	funds
General fund		2,731,672	4,100,426	(3,941,087)	10,515	2,901,526
Restricted funds
Swop Shop			10,515		(10,515)
Total funds		2,731,672	4,110,941	(3,941,087)		2,901,526

			Unrestricted	Restricted	2022
			funds	funds	Total
					f
Fund balances at	31August 2022 are represented	by:
Fixed assets			4,758AOB		4,758,808
Current assets			1,049,678		1,049,678
Creditors: amounts	falling due within one year		(744,459)		(744,459)
Creditors: amounts	falling due over one year		(2,162,501)		(2,162,501)
			2,901,526		2,901,526
			Unrestricted	Restricted	2021
			funds	funds	Total
					f
Fund balances at 31August 2021are represented		by:
Fixed assets			4,852,414		4,852,414
Current assets			714,565		714,565
Creditors: amounts	falling due within one year		(620,050)		(620,050)
Creditors: amounts	falling due over one year		(2,215,257)		(2,215,257)
			2,731,672		2,731,672

	2022	2021
Within one year	230,000	230,000
Between one and five years	920,000	920,000
In more than five years	4,370,000	4,600,000
	5,520,000	5,750,000