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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|
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|||||||31.8.22|31.8.21|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|E|E|E|E|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations|and legacies|||11,384||11,384|54,280|
|Charitable|activities|||||||
|Education||||1,594,166||1,594,166|1,420,827|
|Investment|income|||6,745||6,745|3,902|
|Other income||||12,312||12,312|11,359|
|Total||||1,624,607||1,624,607|1,490,368|
|EXPENDITURE ON||||||||
|Charitable|activities|||||||
|Education||||1,767,819||1,767,819|1,656,733|
|NET INCOME/(EXPENDITURE)||||(143,212)||(143,212)|(166,365)|
|RECONCILIATION
OF FUNDS||||||||
|Total funds|brought forward|||1,564,244||1,564,244|1,730,609|
|TOTAL FUNDS CARRIED FORWARD||||1,421,032||1,421,032|1,564,244|
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||||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|
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|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|
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||||||31.8.22|31.8.21|
|---|---|---|---|---|---|---|
||||||E|E|
||Donations||||7,391|11,489|
||Grants||||3,993|42,791|
||||||11,384|54,280|
||Grants received, included|||in the above, are as follows:|||
||||||31.8.22|31.8.21|
||||||E|E|
||Furlough|grant||||36,129|
||Business|Interruption|Loan Scheme||208|1,042|
||Other grant income||||3,785|5,620|
||||||3,993|42,791|
|3.|INVESTMENT INCOME||||||
||||||31.8.22|31.8.21|
||||||E|E|
||Rents received||||3,863|705|
||Interest received||||2,882|3,197|
||||||6,745|3,902|
|4.|INCOME|FROM CHARITABLE ACTIVITIES|||||
||||||31.8.22|31.8.21|
|||||Activity|E|E|
||School|||Education|1,190,922|1,115,530|
||Nursery|||Education|339,321|271,707|
||Extras / Extra lessons|||Education|25,222|20,181|
||Meals|||Education|114,510|91,977|
||Bursaries|and discounts||Education|(75,809)|(78,568)|
||||||1,594,166|1,420,827|
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||||||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|
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|STAFF|COSTS|||
|---|---|---|---|
|||31.8.22|31.8.21|
|||E|f|
|Wages|and salaries|1,021,310|911,716|
|Social|security costs|74,683|67,853|
|Other|pension costs|107,480|107,938|
|||1,203,473|1,087,507|
##
||31.8.22|31.8.21|
|---|---|---|
|Teaching|28|27|
|Administration|8|6|
|Domestic|7|8|
||43|41|
||The number
of employees|whose|whose|employee|benefits|(excluding|employer|pension|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||
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|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|
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|---|---|---|---|---|---|---|---|---|
|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)|
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|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1.9.20|in funds|31.8.21|
||||f|f|f|
|Unrestricted|funds|||||
|General fund|||1,730,609|(166,365)|1,564,244|
|TOTAL FUNDS|||1,730,609|(166,365)|1,564,244|
|Comparative|net movement|in funds, included|in the above are as follows:|||
||||Incoming|Resources|Movement|
||||resources
f|expended
f|in funds
f|
|Unrestricted|funds|||||
|General fund|||1,490,368|(1,656,733)|(166,365)|
|TOTAL FUNDS|||1,490,368|(1,656,733)|(166,365)|
||||||Net||
|---|---|---|---|---|---|---|
||||||movement|At|
|||||At 1,9.20|in funds|31.8.22|
|||||f|f|f|
|Unrestricted|funds||||||
|General fund||||1,730,609|(309,577)|1,421,032|
|TOTAL FUNDS||||1,730,609|(309,577)|1,421,032|
|A current
year 12 months||and prior year 12 months|combined|net movement|in funds,
included|in the
abo|
|are as follows:|||||||
|||||Incoming|Resources|Movement|
|||||resources
f|expended
f|in funds
f|
|Unrestricted|funds||||||
|General fund||||3,114,975|(3,424,552)|(309,577)|
|TOTAL FUNDS||||3,114,975|(3,424,552)|(309,577)|
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