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