## 

|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|7|
|Report ofthe Independent<br>Auditors|8|to|11|
|Statement of Financial Activities||12||
|Balance Sheet|13|to|14|
|Cash Flow Statement||15||
|Notes tothe Cash Flow Statement||16||
|Notes to the Financial Statements|17|to|24|
|Detailed Statement ofFinancial Activities|25|to|26|





## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 



## 

## 

## 

## 



## 

## 

## 



## 

## 



## 



## 

|||||||31.8.23|31,8.22|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|f|f|E|E|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations|and legacies|||20,759||20,759|11,384|
|Charitable|activities|||||||
|Education||||1,655,006||1,655,006|1,594,166|
|Investment|income||3|24,590||24,590|6,745|
|Other income||||18,351||18,351|12,312|
|Total||||1,718,706||1,718,706|1,624,607|
|EXPENDITURE ON||||||||
|Charitable|activities|||||||
|Education||||1,981,080||1,981,080|1,767,819|
|NET INCOME/(EXPENDITURE)||||(262,374)||(262,374)|(143,212)|
|RECONCILIATION<br>OF FUNDS||||||||
|Total funds|brought forward|||1,421,032||1,421,032|1,564,244|
|TOTAL FUNDS CARRIED FORWARD||||1,158,658||1,158,658|1,421,032|





|||||31.8.23|31.8.22|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Tota<br>I|
|||funds|funds|funds|funds|
||Notes|E|E|E|f|
|FIXEDASSETS||||||
|Tangible assets||1,045,505||1,045,505|1,103,300|
|CURRENT ASSETS||||||
|Debtors|12|33,984||33,984|26,772|
|Cash at bank||535,706||535,706|770,066|
|||569,690||569,690|796,838|
|CREDITORS||||||
|Amounts<br>falling due within one year|13|(293,354)||(293,354)|(292,664)|
|NET CURRENT ASSETS||276,336||276,336|504,174|
|TOTAL ASSETS LESSCURRENT LIABILITIES||1,321,841||1,321,841|1,607,474|
|CREDITORS||||||
|Amounts<br>falling due after more than one year|14|(163,183)||(163,183)|(186,442)|
|NET ASSETS||1,158,658||1,158,658|1,421,032|
|FUNDS|16|||||
|Unrestricted<br>funds||||1,158,658|1,421,032|
|TOTALFUNDS||||1,158,658|1,421,032|





## 



||||||Cash Flow Statement|||
|---|---|---|---|---|---|---|---|
|||||for the|Year Ended 31Au ust|2023||
|||||||31.8.23|31.8.22|
|||||Notes||E|E|
|Cash flows from|operating|activities||||||
|Cash generated|from operations|||||(181,552)|(36,319)|
|Interest<br>paid||||||(11,160)|(5,656)|
|Net cash used in|operating|activities||||(192,712)|(41,975 )|
|Cash flows from|investing|activities||||||
|Purchase oftangible fixed||assets||||(30,909)|(73,578)|
|Interest received||||||10,765|2,882|
|Net cash used in|investing|activities||||(20,144)|(70,696)|
|Cash flows from|frnancing|activities||||||
|New loans in year|||||||100,000|
|Loan repayments|in year|||||(21,504)|(20,338)|
|Net cash (used in)/provided||by financing||activities||(21,504)|79,662|
|Change<br>in cash and cash equivalents|||in the|||||
|reporting<br>period||||||(234,360)|(33,009)|
|Cash and cash equivalents||at the beginning||||||
|ofthe reporting|period|||||770,066|803,075|
|Cash and cash equivalents||atthe end|ofthe|||||
|reporting<br>period||||||535,706|770,066|





## 

|RECONCILIATION|OF NET EXPENDITURE TO NET CASH FLOW FROM|OF NET EXPENDITURE TO NET CASH FLOW FROM|OF NET EXPENDITURE TO NET CASH FLOW FROM|OPERATING|ACTIVITIES||
|---|---|---|---|---|---|---|
||||||31.8.23|31.8.22|
||||||6|E|
|Net expenditure|for|the reporting|period (asper the Statement of||||
|Financial Activities)|||||(262,374)|(143,212)|
|Adjustments<br>for:|||||||
|Depreciation<br>charges|||||88,704|88,711|
|Interest received|||||(10,765)|(2,882)|
|Interest paid|||||11,160|5,656|
|Increase in debtors|||||(7,212)|(14,549)|
|(Decrease)/increase||in creditors|||(1,065)|29,957|
|Net cash used in|operations||||(181,552)|(36,319)|
|ANALYSIS OF CHANGES IN NET FUNDS|||||||
|||||At 1.9.22|Cash flow|At 31.8.23|
|||||E|E|f|
|Net cash|||||||
|Cash at bank||||770,066|(234,360)|535,706|
|||||770,066|(234,360)|535,706|
|Debt|||||||
|Debts falling due within 1year||||(22,181)|262|(21,919)|
|Debts falling due after 1year||||(107,481)|21,242|(86,239)|
|||||(129,662 )|21,504|(108,158)|
|Total||||640,404|(212,856)|427,548|



## 



## 

## 

## 

## 

## 

## 

## 

## 



## 

||forthe Year Ended 31Au<br>ust 20|forthe Year Ended 31Au<br>ust 20|forthe Year Ended 31Au<br>ust 20|23||
|---|---|---|---|---|---|
|2.|DONATIONS<br>AND LEGACIES|||||
|||||31.8.23|31.8.22|
|||||f|f|
||Donations|||15,276|7,391|
||Grants|||5,483|3,993|
|||||20,759|11,384|
||Grants received, included||in the above, are as follows:|||
|||||31.8.23|31.8.22|
||||||f|
||Business interruption|Loan Scheme|||208|
||Other grant income|||5,483|3,785|
|||||5,483|3,993|
|3.|INVESTMENT INCOME|||||
|||||31.8.23|31.8.22|
|||||f|f|
||Rents received|||13,825|3,863|
||Interest received|||10,765|2,882|
|||||24,590|6,745|
||INCOME FROM CHARITABLE ACTIVITIES|||||
|||||31.8.23|31.8.22|
||||Activity|f|f|
||School||Education|1,162,750|1,190,922|
||Nursery||Education|487,496|339,321|
||Extras / Extra lessons||Education|21,416|25,222|
||Meals||Education|93,794|114,510|
||Bursaries and discounts||Education|(110,450)|(75,809)|
|||||1,655,006|1,594,166|





## 

## 

||||||Support||
|---|---|---|---|---|---|---|
|||||Direct|costs (see||
|||||Costs<br>E|note 6)<br>f|Totals|
|Education||||],972,920|8,160|1,981,080|
|SUPPORT|COSTS||||||
|||||||Governance|
|||||||costs|
|||||||6|
|Education||||||8,160|
|NET INCOME/(EXPENDITURE)|||||||
|Net income/(expenditure)|||isstated after charging/(crediting):||||
||||||31.8.23|31.8.22|
||||||6|6|
|Auditors'|remuneration||||6,160|5,760|
|Auditors'|remuneration||for non audit work||2,000|1,200|
|Depreciation||-owned assets|||88,704|88,711|



|6.|Education<br>SUPPORT COSTS|
|---|---|



## 

## 



## 

|||||for th|e Year Ended 31Au|ust|2023||||
|---|---|---|---|---|---|---|---|---|---|---|
|9.|STAFF COSTS||||||||||
||||||||||31.8.23|31.8.22|
||||||||||E|6|
||Wages and salaries||||||||1,131,976|1,021,310|
||Social security costs||||||||79,674|74,683|
||Other pension costs||||||||129,456|107,480|
||||||||||1,341,106|1,203,473|
||The average<br>monthly|number||ofemployees|during the year was|as|follows:||||
||||||||||31.8.23|31.8.22|
||Teaching||||||||39|28|
||Administration||||||||9|8|
||Domestic||||||||6|7|
||||||||||54|43|
||The number ofemployees||whose employee||benefits (excluding|employer||pension|costs) exceeded|660,000was:|
||||||||||31.8.23|31.8.22|
||680,001 - 690,000||||||||1|1|
|10.|COMPARATIVES FOR THE||STATEMENT OF||FINANCIAL ACTIVITIES||||||
||||||||Unrestricted||Restricted|Total|
|||||||||funds|funds|funds|
|||||||||6|f|6|
||INCOME AND ENDOWMENTS|||FROM|||||||
||Donations<br>and legacies|||||||11,384||11,384|
||Chadtable<br>activities||||||||||
||Education||||||1,594,166|||1,594,166|
||Investment<br>income|||||||6,745||6,745|
||Other income|||||||12,312||12,312|
||Total||||||1,624,607|||1,624,607|
||EXPENDITURE ON||||||||||
||Charitable<br>activities||||||||||
||Education||||||1,767,819|||1,767,819|
||NET INCOME/(EXPENDITURE)|||||||(143,212)||(143,212)|
||RECONCILIATION<br>OF FUNDS||||||||||
||Total funds brought|forward|||||1,564,244|||1,564,244|
||||||Page 20|||||continued. ..|





## 

|||Notes tothe Financial Statements<br>-continued<br>for the Year Ended 31Au ust 2023|Notes tothe Financial Statements<br>-continued<br>for the Year Ended 31Au ust 2023|Notes tothe Financial Statements<br>-continued<br>for the Year Ended 31Au ust 2023|||
|---|---|---|---|---|---|---|
|10.|COMPARATIVES FOR|THE STATEMENT OF FINANCIAL ACTIVITIES -continued|||||
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||f|f|f|
||TOTAL FUNDS CARRIED FORWARD|||1,421,032||1,421,032|
|11.|TANGIBLE FIXEDASSETS'||||||
|||Freehold|||||
|||building|Freehold|Equipment|Motor||
|||&improvements<br>f|land<br>f|&Website<br>f|vehicles<br>f|Totals<br>f|
||COST||||||
||At 1September 2022|1,158,619|300,000|313,765|52,482|1,824,866|
||Additions|||30,909||30,909|
||At 31August 2023|1,158,619|300,000|344,674|52,482|1,855,775|
||DEPRECIATION||||||
||At 1September 2022|442,242||226,842|52,482|721,566|
||Charge foryear|47,200||41,504||88,704|
||At 31August 2023|489,442||268,346|52,482|810,270|
||NET BOOK VALUE||||||
||At 31August 2023|669,177|300,000|76,328||1,045,505|
||At 31August 2022|716,377|300,000|86,923||1,103,300|
|12.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||||
||||||31.8.23|31.8.22|
||||||f|f|
||Fees receivable||||22,129|8,196|
||Prepayments||||11,630|9,856|
||Other debtors||||225||
||Accrued income|||||8,720|
||||||33,984|26,772|





## 

||||Notes tothe Financial Statements -continued<br>for the Year Ended 31Au<br>ust 2023|Notes tothe Financial Statements -continued<br>for the Year Ended 31Au<br>ust 2023|||
|---|---|---|---|---|---|---|
|13.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
||||||31.8.23|31,8.22|
||||||f|E|
||Bank loans|(see note 15)|||21,919|22,181|
||Social security and other||taxes||18,905|20,249|
||Other creditors||||88,268|124,351|
||Accruals and deferred<br>income||||164,262|125,883|
||||||293,354|292,664|
|14.|CREDITORS: AMOUNTS||FALLING DUE AFTER MORE THAN ONE YEAR||||
||||||31.8.23|31.8.22|
||||||f|E|
||Bank loans|(see note 15)|||86,239|107,481|
||Deposits||||76,944|78,961|
||||||163,183|186,442|
|15.|LOANS||||||
||An analysis|ofthe maturity||of loans is given below:|||
||||||31.8.23|31.8.22|
||||||E|E|
||Amounts<br>falling due within one year on demand:||||||
||Bankloans||||21,919|22,181|
||Amounts<br>falling between|||one and two years:|||
||Bank loans|- 1-2years|||21,919|23,006|
||Amounts<br>falling due between two and five years:||||||
||Bank loans|- 2-5years|||64,320|66,215|
||Amounts<br>falling due in more than five years:||||||
||Repayable|by instalments:|||||
||Bank loans|more 5years||||18,260|





## 

## 

|||||||Net||
|---|---|---|---|---|---|---|---|
|||||||movement|At|
||||||At 1.9.22|in funds|31.8.23|
||||||E|f|E|
|Unrestricted|funds|||||||
|General fund|||||1,421,032|(262,374)|1,158,658|
|TOTAL FUNDS|||||1,421,032|(262,374)|1,158,658|
|Net movement||in funds, included||in the above|are as follows:|||
||||||I'ncoming|Resources|Movement|
||||||resources|expended|in funds|
||||||E|E|E|
|Unrestricted|funds|||||||
|General fund|||||1,718,706|(1,981,080)|(262,374)|
|TOTAL FUNDS|||||1,718,706|(1,981,080)|(262,374)|
|Comparatives||for movement|in|funds||||
|||||||Net||
|||||||movement|At|
||||||At 1.9.21|in funds|31.8.22|
||||||E|f|E|
|Unrestricted|funds|||||||
|General fund|||||1,564,244|(143,212)|1,421,032|
|TOTALFUNDS|||||",564,244|(143,212)|1,421,032|
|Comparative|net movement||in funds, included||in the above are as follows:|||
||||||incoming|Resources|Movement|
||||||resources|expended|in funds|
||||||f|E|f|
|Unrestricted|funds|||||||
|General fund|||||1,624,607|(1,767,819 )|(143,212)|
|TOTALFUNDS|||||1,624,607|(1,767,819)|(143,212)|





## 

## 

||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1.9.21|in funds|31.8.23|
|||f|f|f|
|Unrestricted|funds||||
|General fund||1,564,244|(405,586)|1,158,658|
|TOTAL FUNDS||1,564,244|(405,586)|1,158,658|



||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources<br>f|expended<br>f|in funds<br>f|
||Unrestricted|funds||||
||General fund||3,343,313|(3,748,899 )|(405,586)|
||TOTAL FUNDS||3,343,313|(3,748,899 )|(405,586)|
|17.|RELATED PARTY DISCLOSURES|||||





||Detailed Statement of Financial Activities|Detailed Statement of Financial Activities|||
|---|---|---|---|---|
||for the Year Ended 31Au|ust 2023|||
||||31.8.23|31.8.22|
||||f|f|
|INCOME AND ENDOWMENTS|||||
|Donations and legacies|||||
|Donations|||15,276|7,391|
|Grants|||5,483|3,993|
||||20,759|11,384|
|Investment<br>income|||||
|Rents received|||13,825|3,863|
|Interest received|||10,765|2,882|
||||24,590|6,745|
|Charitable<br>activities|||||
|School|||1,162,750|1,190,922|
|Nursery|||487,496|339,321|
|Extras / Extra lessons|||21,416|25,222|
|Meals|||93,794|114,510|
|Bursaries and discounts|||(110,450)|(75,809)|
||||1,655,006|1,594,166|
|Other income|||||
|Sundry income|||18,351|12,312|
|Total incoming resources|||1,718,706|1,624,607|
|EXPENDITURE|||||
|Charitable<br>activities|||||
|Wages|||1,131,976|1,021,310|
|Social security|||79,674|74,683|
|Pensions|||129,456|107,480|
|Rates|||27,462|29,609|
|Insurance|||21,722|21,946|
|Fuel and light|||58,052|27,584|
|Maintenance|||55,316|33,451|
|Garden maintenance|||8,964|1722|
|Provision offood|||169,538|156,004|
|Motor costs|||1,420|1,856|
|Curricula<br>and library|||26,105|19,040|
|Carried forward|||1,709,685|1,494,685|





||||Detailed Statement of Financial Activities|||
|---|---|---|---|---|---|
||||for the Year Ended 31Au ust 2023|||
|||||31.8.23|31.8.22|
|||||f|f|
|Charitable<br>activities||||||
|Broughtforward||||1,709,685|1,494,685|
|Training||||10,143|5,512|
|Advertising||||40,376|30,598|
|Recruitment<br>Contractors<br>and consultancy||||500<br>2,734|1,737<br>40,181|
|Legal, professional|and subscription|||19,139|21,123|
|Travelling||||375|218|
|Print, post and stationery||||9,589|7,210|
|Telephone||||9,575|4,919|
|Computer<br>consumables||and licences||56,284|50,253|
|Sundry||||14,592|9,965|
|After School Club||||64|91|
|Freehold<br>building|and improvements||depreciation|47,200|45,722|
|Equipment<br>and website||depreciation||41,504|42,989|
|Bank charges||||1,942|1,129|
|Bank loan interest||||9,218|4,527|
|||||1,972,920|1,760,859|
|Support costs||||||
|Governance<br>costs||||||
|Auditors'<br>remuneration||||6,160|5,760|
|Auditors'<br>remuneration||for non audit work||2,000|1,200|
|||||8,160|6,960|
|Total resources expended||||1,981,080|1,767,819|
|Net expenditure||||(262,374)|(143,212)|