2022-08-31-accounts - Rydes Hill School Guildford

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		Page
Report ofthe Trustees	1	to	7
Report ofthe Independent Auditors	8	to	10
Statement of Financial Activities
Balance Sheet	12	to	13
Cash Flow Statement		14
Notes to the Cash Flow Statement		15
Notes to the Financial Statements	16	to	23

			Cash Flow	Statement
			for the Year Ended	31Au ust 2022
				31.8.22	31.8.21
			Notes	E	E
Cash flows from	operating	activities
Cash generated	from operations			(36,319)	(34,580)
Interest paid				(5,656)	(2,686)
Net cash used in	operating	activities		(41,975)	(37,266)
Cash flows from	investing	activities
Purchase oftangible fixed		assets		(73,578)	(146,936)
Interest received				2,882	3,197
Net cash used in	investing	activities		(70,696)	(143,739)
Cash flows from	financing	activities
New loans in year				100,000	50,000
Loan repayments	in year			(20,338)
Net cash provided by financing activities				79,662	50,000
Change in cash and cash equivalents			in the
reporting period				(33,009)	(131,005)
Cash and cash equivalents		at the beginning
ofthe reporting	period			803,075	934,080
Cash and cash equivalents		at the end	of
the reporting period				770,066	803,075

RECONCILIATION	OF	NE	T EXPEND	ITURE TO NET CASH FLOW FROM	OPERATING	ACTIVITIES
						31.8.22	31.8.21
						E	E
Net expenditure	for	the	reporting	period (as per the Statement of
Financial Activities)						(143,212)	(166,365)
Adjustments for:
Depreciation charges						88,711	89,599
Interest received						(2,882)	(3,197)
Interest paid						5,656	2,686
(Increase)/decrease		in debtors				(14,549)	5,551
Increase in creditors						29,957	37,146
Net cash used in	operations					(36,319)	(34,580)
ANALYSIS OF CHANGES			IN NET FUNDS
					At 1.9.21	Cash flow	At 31.8.22
					f	f	E
Net cash
Cash at bank					803,075	(33,009)	770,066
					803,075	(33,009)	770,066
Debt
Debts falling due	within		1year		(8,333)	(13,848)	(22,181)
Debts falling due	after 1year				(41,667)	(65,814)	(107,481)
					(50,000)	(79,662)	(129,662)
Total					753,075	(112,671)	640,404

					Support
				Direct	costs (see
				Costs	note 6)	Totals
				E	E	E
Education				1,760,859	6,960	1,767,819
SUPPORT	COSTS
						Governance
						costs
						E
Education						6,960
NET INCOME/(EXPENDITURE)
Net income/(expenditure)			is stated after charging/(crediting):
					31.8.22	31.8.21
					E	E
Auditors'	remuneration				5,760	6,113
Auditors'	remuneration		for non audit work		1,200	1,200
Depreciation		—owned assets			88,711	89,599

	The number of employees	whose	employer	costs) exceeded	costs) exceeded	f60,000
	was:
				31.8.22	31.8.21
	E80,001 —E90,000			1		1
10.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted		Total
			funds	funds		funds
			E	E		E
	INCOME AND ENDOWMENTS	FROM
	Donations and legacies		54,280			54,280
	Charitable activities
	Education		1,420,827		1,420,827
	Investment income		3,902			3,902
	Other income		11,359			11,359
	Total		1,490,368		1,490,368
	EXPENDITURE ON
	Charitable activities
	Education		1,656,733		1,656,733
	NET INCOME/(EXPENDITURE)		(166,365)		(166,365)
	RECONCILIATION OF FUNDS
	Total funds brought forward		1,730,609		1,730,609
	TOTAL FUNDS CARRIED FORWARD		1,564,244		1,564,244

11.	TANGIBLE FIXEDASSE	T	S
					Freehold
					building	Freehold	Equipment	Motor
				5	improvements	land	RWebsite	vehicles	Totals
					E	E	E	E	E
	COST
	At 1September 2021				1,112,578	300,000	286,228	52,482	1,751,288
	Additions				46,041		27,537		73,578
	At 31August 2022				1,158,619	300,000	313,765	52,482	1,824,866
	DEPRECIATION
	At 1September 2021				396,520		183,853	52,482	632,855
	Charge for year				45,722		42,989		88,711
	At 31August 2022				442,242		226,842	52,482	721,566
	NET BOOK VALUE
	At 31August 2022				716,377	300,000	86,923		1,103,300
	At 31August 2021				716,058	300,000	102,375		1,118,433
12.	DEBTORS:AMOUNTS	FALLING		DUE WITHIN ONE		YEAR
								31.8.22	31.8.21
								E	E
	Fees receivable							8,196	7,699
	Prepayments							9,856	4,524
	Prepayments and accrued income							8,720
								26,772	12,223
13.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
								31.8.22	31.8.21
								E	E
	Bank loans (see note 15)							22,181	8,333
	Social security and other		taxes					20,249	18,298
	Other creditors							124,351	81,771
	Accruals and deferred	income						125,883	159,525
								292,664	267,927


14.	CREDITORS: AMOUNTS		FALLING	DUE AFTER MORE THAN ONE	YEAR
							31.8.22	31.8.21
							E	E
	Bank loans	(see note 15)					107,481	41,667
	Deposits						78,961	59,893
							186,442	101,560
15.	LOANS
	An analysis	ofthe maturity ofloans is given below:
							31.8.22	31.8.21
							E	E
	Amounts falling due within one year on demand:
	Bankloans						22,181	8,333
	Amounts falling between		one and	two years:
	Bank loans	—1-2years					23,006	10,000
	Amounts falling due between two			and five years:
	Bank loans	- 2-5 years					66,215	31,667
	Amounts falling due in more than			five years:
	Repayable	by instalments:
	Bank loans	more 5years					18,260
16.	MOVEMENT IN FUNDS
							Net
							movement	At
					At	1.9.21	in funds	31.8.22
						E	E	E
	Unrestricted funds
	General fund				1,564,244		(143,212)	1,421,032
	TOTAL FUNDS				1,564,244		(143,212)	1,421,032
	Net movement in funds,		included	in the above are as follows:
					Incoming		Resources	Movement
					resources		expended	in funds
						E	E	E
	Unrestricted	funds
	General fund				1,624,607		(1,767,819)	(143,212)
	TOTAL FUNDS				1,624,607		(1,767,819)	(143,212)