2022-08-31-accounts

Company Information
Report ofthe Governors	(Including Strategic Report)
Report ofthe Independent	Auditors
Statement ofFinancial Activities
Balance Sheet
Cash Flow Statement
Notes tothe Financial Statements

GOVERNORS:	PJHumphries-Cuff -Chair
	M RJ Piper (resigned 6January 2022)
	C Bromfield
	RW Hook
	8 H Miller
	Mrs J EAStevens
	J EJSidders (resigned 25March 2022)
	R5Oliver —Treasurer
HEADTEACHERJ	D Lee
BURSAR:	M 8J Piper
REGISTERED OFFICE:	Haybrook House
	Marlborough Road
	Pewsey
	SN9 5NT
REGISTERED NUMBER:	2164880 (England and Wales)
REGISTERED CHARilY
NUMBER:	298522
AUDITORS:	Fawcetts LLP
	Chartered Accountants
	and Statutory Auditors
	Windover House
	StAnn Street
	Salisbury
	SP12DR
SOUCITORS:	Thiings
	6Drakes Meadow
	Penny Lane
	Swindon
	SN3 3LL
BANKERSJ	HSBCBank pic
	8London Street
	Basingstoke
	RG217NU

			2022	2022		2021
		Unrestricted	fund	Restricted
	Notes	School f	Other f.	fund f	Total f	Totalf
INCOME AND ENDOWMENTS FROM:
Income from:
Charitable activities
Fees receivable	2	2,242,381			2,242,381	2,424,080
Other income	3	56,606			56,606	56,343
Donations and legacies		22,288		10,316	32,604	6,948
Trading activities			17,978		17,978	5,243
Total income		2,321,275	17,978	10,316	2,349,569	2,492,614
EXPENDITURE
Expenditure on:
Charitable activities
School operating costs		2,280,394		3,755	2,284,149	2,234,717
Trading expenses			10,628		10,628	7,030
ToteIexpenditure	5	2,280,394	10,628	3,755	2,294,777	2,241,747
NET (EXPENDITURE)/INCOME		40,881	7,350	6,561	54,792	250,867
Fund balances at 1September 2021		~1,823 163	85,302	108,771	2,017,236	1,766,369
TOTAL FUNDS CARRIED FORWARD
AT31AUGUST 2022		1,864,044	92,652	115,332	2,072,028	2,017,236

					31August 2022
					2022		2021
				Notes
FIXEDASSETS:
Tangible assets						1,796,488		1,861,254
CURRENT ASSETS:
Stocks							19,897
Debtors					278,647		36,495
Cash at bank and in hand					1,302,337		1,001,156
					1,580,984		1,057,548
CREDITORS;	Amounts		falling
due within one	year				1,006,311		549,986
NET CURRENT ASSETS:						574,673		507,562
TOTAL ASSETS	LESSCURRENT
LIABIUTIES:						2,371,161		2,368416
CREDITORS: Amounts		falling
due after more	than one		year	10		(299,133)		(351,580)
						2,072,028		2,017,236
FUNDS:
Unrestricted funds						1,956,696		1,908,465
Restricted fund				16		115,332		108,771
				17		2,072,028		2,017,236

			forthe Yea	r Ended 31Aug	ust 2022
				Notes	2022 E	2021f
Net cash provided by
operating activities					430,549	423,289
Cash flows from investing	activities:
Purchase oftangible assets					(77,971)	(36,505)
Net cash (used in) investing	activities				(77,971)	(36,505)
Cash flows from financing	acthritiesi
Loan repayments					(51,397)	(43,215)
Net cash (used in)/provided	by financing		activities		(51,397)	(43,215)
Change in cash and cash equivalents		in	the year		301,181	343,569
Cash and cash equivalents	at 1September 2021				1,001,156	657,587
Cash and cash equivalents	at31August		2022	2	1,302,337	1,001,156

				2022f	2021f
	Net incoming resources			54,792	250,867
	Depreciation charges			142,735	145,341
	Decrease in stock			19,897	13,173
	(Increase)/decrease	in debtors		(242,152)	11,989
	Increase in creditors			455,277	1,919
	Net cash provided by operating		activities	430,549	423,289
2.	ANALYSIS OF CASH AND CASH		EQUIVALENTS
				2022f	2021f
	Cash at bank and in	hand		1,302,337	1,001,156
				1,302,337	1,001,156

				2022	2021
					E
Sundry income				56,606	53,238
Coronavirus	Job Retention Scheme				3,105
				56,606	56,343
STAFF COSTS
				2022f	2021
Wages and	salaries			1,417,884	1,416,765
Social security costs				115,721	110,271
Other pension costs				145p205	181,997
				1,678,810	1,709,033
The average	monthly	number ofemployees	during the year was asfollows:
				2022	2021
Teaching				51	56
Non teaching				18	18
				69	74

connected organisation (2	021-fNil).
			2022	2021
			No	No
The number ofemployees	whose emoluments	exceeded f60,000was:
680,001 —690,000

				forthe Year ended	31Augu	st 2022
	ANALYSIS OFTOTAL		RESOURCES	EXPENDED
				Support				2022	2021
				Staff costs	costs E	Depreciation E		Totalf	Total E
	Charitable activities:
	School operating costs:
	Teaching costs			1,275,357	51,945		15,192	1,342,494	1,422,797
	Welfare			77,340	97,631			174,971	146,278
	Premises			88,829	185,563	119,947		394,339	352,294
	Management	and administration		237,284	107,908		7,596	352,788	296,512
				1,678,810	443,047	142,735		2,264,592	2,217,881
	Governance costs				10,640			10,640	9,200
	Costs ofgenerating		funds:
	Finance and other costs				8,917			8,917	7,636
				1,678,810	462,604	142,735		2,284,149	2,234p717
	Trading costs				10,628			10,628	7,030
	Total resources	expended		1,678,810	473,232		142,735	2,294,777	2,241,747
6.	TANGIBLE FIXED~ETS
					Plant
			Freehold	Property	and		Nursery	Motor
			property	improvements	equipment		unit	vehicles	Tots Is
						f	E
COST:
At 1September 2021			489,602	2,118,412	474,451		609,061	15,158	3,706,684
Additions				54,801		21,504	1,666		77,971
Disposals						(11,114)		(15,158)	(26,272)
At31August 2022			489,602	2173,213	484,841		610,727		3,758,383
DEPRECIATION:
At 1September 2021			285,467	1,013,501	417,914		113,390	15,158	1,845,430
Charge	foryear		9,792	80,263		22,788	29,892		142,735
Eliminated on disposals						(11,112)		(15,158)	(26,270)
At 31August 2022			295,259	1,093,764	429,590		143p282		1,961,895
NET BOOK VALUE:
At 31August 2022			194,343	1,079,449		55,251	467,445		1,796,488
At 31August 2021			204,135	1,104,911		56,537	495„671		1,861,254

				NOTES TO THE FINANCIAL STATEMENTS	NOTES TO THE FINANCIAL STATEMENTS
				for	the year ended 31August 2022
7.	STOCKS
						2022	2021
						E
	School uniform						19,897
8.	DEBTORS:AMOUNTS FALLING
	DUE WITHIN ONE YEAR
						2022	2021
						f	f
	Trade debtors					218,816	8,824
	Otherdebtors					12,672
	Prepayments and accrued		income			47,159	27,671
						278,647	36,495
9.	CREDITORS: AMOUNTS	FALUNG
	DUE WITHIN ONE YEAR
						2022f	2021 E
	Bank loans and overdrafts		(see note		14)	51,372	51,372
	Trade creditors					50,614	39,518
	Social secudity and other	taxes				26,143	27,145
	Other creditors					5,786	23,745
	Deferred income					812,320	374,442
	Accrued expenses					60,076	33,764
						1,006,311	549,986
10.	CREDITORS: AMOUNTS	FALUNG
	DUE AFTER MORE THAN		ONE	YEAR
						2022	2021
						f	E
	Bank loans (see note	14)				211,633	263,030
	Feedeposits					87,500	Sgp550
						299,133	351,580
11.	NET OUTGOING RESOURCES
	Net outgoing resources	are stated after charging:
						2022f	2021 E
	Depreciation -owned assets					142,735	145,341
	Operating lease rentals					22,286	20,135
	Auditors' remuneration	-audit				8,940	8,250
		-previous year audit under provided fee				600
		-other services				900	750
12.	OPERAllNG LEASECOMMllMENT
	The total future minimum		payments		due on leases expiring:	2022f	2021f
	Equipment and motor	vehicles:
	Within one year					20,657	22,1.80
	Between one and five years					56,092	66,640
						76,749	SS,820

An analysis ofthe matudity ol	An analysis ofthe matudity ol	loans is given below:
			2022	2021
			f	f
Amounts	falling due within one year:
Bank loan			51.372	51,372
Amounts	falling due between	one and two years:
Bank I can —1-2years			51,372	51,327
Amounts	falling due between	two and five years:
Bank loan	—2-5years		154,116	154,116
Amounts	falling due over five	years:
Bank loan	—over 5years		6,145	57,542

			Balance at			Balance at
			15eptember	Incoming	Resources	31August
			2021	resources f	expended f	2022f
Fixed	asset fund		76,481	10,316	(3,305)	83,492
Prism	Foundation	grant	32,290		(450)	31,840
			108,771	10,316	(3,1333	113,331

The net asse	ts are held forthe variou	s funds as follows:
			Net	Creditors
		Fixed	current	due after more
		assets f	assets	than one year f	Total f
Unrestricted	funds	1,723,312	532,517	(299,133)	1,956,696
Restricted fund		73,176	42,156		115,332
		1,796,488	574,673	(299,133)	2,072,028

			Unrestricted	fund	Restricted
		Notes	School f	Other E	fundf	Totalf
INCOME AND ENDOWMENTS	FROM:
Charitable activities
Fees receivable			2,424,080			2,424,080
Other income			56,343			56,343
Donations and legacies			5,689		1,259	6,948
Trading activities				5,243		5,243
Total Income			2,486,112	5,243	1,259	2,492,614
EXPENDITURE ON
Charitable activities
School operating costs			2,231,272		3,445	2,234,717
Trading expenses				7,030		7,030
Total expenditure			2,231,272	7,030		2,241,747
NET (EXPENDITURE)/INCOME			254,840	(1,787)	(2,186)	250,867
Fund balances at1September	2020		1,568,323	87,089	110,957	1,766,369
TOTAL FUNDS CARRIED FORWARD
AT31AUGUST 2021			1,823,163	85,302	108,771	2,017,326