|||Page||
|---|---|---|---|
|Report ofthe Trustees|I|to|6|
|Report ofthe Independent
Auditors|7|to|9|
|Statement ofFinancial Activities||10||
|Balance Sheet||||
|Cash Flow Statement||12||
|Notes to the Cash Flow Statement||l3||
|Notes to the Financial Statements|14|to|22|
|Detailed Statement ofFinaacial Activities|23|to|24|
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||Fo|rTbe Year|Eaded 31July 2|022|||
|---|---|---|---|---|---|---|
||||||31.7.22|31.7.21|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|||||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations
and legacies|||9,580||9,580|14,760|
|Charitable
activities|||||||
|School fees|||1,553,891||1,553,891|1,507,163|
|Investment
income||3|1,154||1,154|1,107|
|Total|||1,564,625||1,564,625|1,523,030|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|School expenditure|||1,454,957|510|1,455,467|1,375,204|
|NET INCOME/(EXPENDITURE)|||109,668|(510)|109,158|147,826|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought forward|||822,211|1,440|823,651|675,825|
|TOTAL FUNDS CARRIED FORWARD|||931,879|930|932,809|823,651|
##
|||||31.7.22|31.7.21|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||hmds|funds|1'unds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets|12|199,244|776|200,020|202,321|
|CURRENT ASSETS||||||
|Stocks|13|3,000||3,000|3,000|
|Debtors|14|272,625||272,625|30,069|
|Cash at bank and in hand||755,266|154|755,420|631,779|
|||1,030,891|154|1,031,045|664,848|
|CREDITORS||||||
|Amounts
falling due within one year|15|(298,256)||(298,256)|(43,518)|
|NET CURRENT ASSETS||732,635|154|732,789|621,330|
|TOTAL ASSETSLESSCURRENT||||||
|LI A B DEITIES||931,879|930|932,809|823,651|
|NET ASSETS||931,879|930|932,809|823,651|
|FUNDS|17|||||
|Unrestricted
funds||||931,879|822,211|
|Restricted funds||||930|1,440|
|TOTAL FUNDS||||932,809|823,651|
##
||||||31.7.22|31.7.21|
|---|---|---|---|---|---|---|
|||||Notes||f,|
|Cash tlows from operating||activities|||||
|Cash generated
from operations|||||181,368|135,609|
|Net cash provided
by operating
activities|||||181,368|135,609|
|Cash flows from investing||activities|||||
|Purchase oftangible fixed|assets||||(58,881)|(39,728)|
|Interest received|||||1,154|1,107|
|Net cash used in investing|activities||||(57,727)|(38,621)|
|Change in cash and cash|equivalents||in||||
|the reportiag
period|||||123,641|96,988|
|Cash and cash equivalents||at the|||||
|beginning
ofthe reporting||period|||631,779|534,791|
|Cash and cash equivalents||at the end|of||||
|the reportiag
period|||||755,420|631,779|
##
||Notes to the Cash Flow Statemeat
ForThe Year Ended 31July 2022|Notes to the Cash Flow Statemeat
ForThe Year Ended 31July 2022|Notes to the Cash Flow Statemeat
ForThe Year Ended 31July 2022|Notes to the Cash Flow Statemeat
ForThe Year Ended 31July 2022|Notes to the Cash Flow Statemeat
ForThe Year Ended 31July 2022|Notes to the Cash Flow Statemeat
ForThe Year Ended 31July 2022|
|---|---|---|---|---|---|---|
||RECONCILIATION OFNET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES||||||
||||||31.7.22|31.7.21|
|||||||f.|
||Net income|for the|reporting|period (as per the Statement ofFinancial|||
||Activities)||||109,158|147,826|
||Adjustments|for.|||||
||Depreciation|charges|||61,183|48,852|
||interest received||||(1,154)|(1,107)|
||Increase in debtors||||(242,556)|(6,066)|
||Increase/(decrease)||in creditors||254,737|(53,896)|
||Net cash provided||by operations||181,368|135,609|
|2.|ANALYSIS|OFCHANGES||IN NET FUNDS|||
|||||At 1.8.21|Cash flow|At 31.7.22|
||Net cash||||||
||Cash at bank|and in|hand|631,779|123,641|755,420|
|||||631,779|123,641|755,420|
||Total|||631,779|123,641|755,420|
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|2.|DONATIONS
AND LEGACIES|||||
|---|---|---|---|---|---|
|||||31.7.22|31.7.21|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||||||f|
||Donations|9,580||9,580|13,758|
||Gift aid||||1,002|
|||9,580||9,580|14,760|
|3.|INVESTMENT INCOME|||||
|||||31.7.22|31.7.21|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Deposit account interest|1,154||I, I 54|1,107|
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||INCOME FROM CH|ARITABLE ACTIVITIES||||
|---|---|---|---|---|---|
|||||31.7.22|31.7.21|
|||Activity||||
||School Fees and Reimbursed|||||
||cha rges|School fees||1,553,891|1,507, 163|
|5.|CHARITABLE ACTIVITIES COSTS|||||
||||Direct|Support||
||||Costs (see|costs (see||
||||note 6)|note 7)|Totals|
||School expenditure||1,176,071|279,396|1,455,467|
|6.|DIRECT COSTSOF|CHARITABLE ACPIVITIES||31.7.22|31.7.21|
||Staffcosts|||1,032,903|1,014,372|
||Educational
supplies
School Trips
Daily travel costofpupils
Other overheads|||17,304
15394
26,488
10,588|12,055
3,953
7,817
26,923|
||Bursary Awarded
Depreciation|||18,429
55,065|889
44,018|
|||||1,176,071|1,110,027|
|7.|SUPPORT COSTS|||||
||||Overhead|Governance||
||||costs|costs|Totals|
||School expenditure||129,725|149,671|279,396|
||Support costs, included|in the above, are as follows:||||
||Overhead
costs|||||
|||||31.7.22|31.7.21|
|||||School|Total|
|||||expenditure|activities|
||||||f,|
||Rents, Rates and Insurance
Light and heat
Telephone
Repairs and Renewals
Computer
Expenses
Other Expenses|||19,843
18,882
3,487
41,030
28,543
17,940|15,932
8,960
3,519
41,572
28,846
14,101|
|||||129,725|112,930|
##
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|Governance
costs||||
|---|---|---|---|
|||31.7.22|31.7.21|
|||School|Total|
|||expenditure|activities|
|||8||
|Wages||103,866|102,568|
|Social security||8,425|8,187|
|Pensions||2,476|1,954|
|Auditors'
remuneration||7,500|7,500|
|Rents, Rates and Insurance||2,205|1,770|
|Light and Heat||4,030|996|
|Telephone||387|391|
|Repairs and Renewals||4,559|4,619|
|Computer
Expenses||3,172|3,205|
|Other Expenses||1,993|1,567|
|Accountancy
and legal fees||4,940|14,656|
|Depreciation oftangible fixed assets||6,118|4,834|
|||149,671|152,247|
|NET INCOME/(EXPENDITURE)||||
|Net income/(expenditure)|is stated after charging/(crediting):|||
|||31.7.22|31.7.21|
|||f.|8|
|Auditors'
remuneration||7,500|7,500|
|Depreciation - owned assets||61,182|48,852|
##
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##
|||31.7.22|31.7.21|
|---|---|---|---|
|Wages|and salaries|1,038,661|1,025,675|
|Social|security costs|84,251|81,865|
|Other|pension costs|24,758|19,541|
|||1,147,670|1,127,081|
##
##
||The average monthly
numb|er of|empl|oyees
|during the ye|ar was|as fol|low|s:||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||31.7.22||31.7.2 1||
||Teachers (Full and Part Time)||||||||||31|||33|
||Admin &Bursary Staff||||||||||7|||8|
||Trustees||||||||||6|||6|
||||||||||||44|||47|
||The number ofemployees|whose employee|||benefits (excluding||employer||pension costs) exceeded %60,000 was:||||||
||||||||||||31.7.22||31.7.21||
||f60,001-f70,000||||||||||1|||I|
||The key management
personnel||ofthe charity comprise|||the trustees,||the Headteacher,|||the Business||manager
and||
||the bookkeeper.
The total|employee||benefits of the key management|||||personnel|of|the Charity|were||f,161,548|
||(2021;6100,547).||||||||||||||
|11.|COMPARATIVES FOR|THE STATEMENT OF FINANCIAL ACTIVITIES|||||||||||||
|||||||||Unrestricted|||Restricted|||Total|
||||||||||funds||funds|||funds|
||||||||||f.||f.||||
||INCOME AND ENDOWMENTS FROM||||||||||||||
||Donations
and legacies||||||||14,760|||||14,760|
||Charitable
activities||||||||||||||
||School fees|||||||1,507,163||||||1,507,163|
||Investment
income||||||||1,107|||||1,107|
||Total|||||||1,523,030||||||1,523,030|
||EXPENDITURE ON||||||||||||||
||Charitable
achvities||||||||||||||
||School expenditure|||||||1,374,694|||510|||1,375+04|
||NET INCOME/(EXPENDITURE)||||||||148,336||(510)|||147,826|
||RECONCILIATION OF FUNDS||||||||||||||
||Total fuads brought forward||||||||673,875||1,950|||675,825|
||TOTAL FUNDS CARRIED FORWARD||||||||822,211||1,440|||823,651|
##
|12.|TANGIBLE FIXEDASSETS||||||
|---|---|---|---|---|---|---|
|||Freehold|Equipment|Motor|Computer||
|||property|&furniture|vehicles|equipment|Totals|
|||8||||g|
||COST||||||
||At I August 2021|873,014|115,788|9,000|144,032|1,141,834|
||Additions||38,918||19,963|58,881|
||At 31 luly 2022|873,014|154,706||163,995|1,200,715|
||DEPRECIATION||||||
||At I August 2021|730,260|80,092|2,250|126,911|939,513|
||Charge for year|19,498|20,754|2,250|18,680|61,182|
||At 31July 2022|749,758|100,846|4,500|145,591|1,000,695|
||NET BOOKVALUE||||||
||At 31 July 2022|123,256|53,860|4,500|18,404|200,020|
||At 31July 2021|142,754|35,696|6,750|17,121|202,321|
|13.|STOCKS||||||
||||||31.7.22|31.7.21|
||Stocks||||3,000|3,000|
|14.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR||||||
||||||31.7.22|31.7.2 I|
||||||8|f,|
||Trade debtors||||252,228|22,931|
||Prepayments||||20,397|7,138|
||||||272,625|30,069|
|15.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||||
||||||31.7.22|31.7.21|
||Trade creditors||||28,325|10,841|
||Social security and other taxes||||28,901|I6535|
||Other creditors||||6,504|6,797|
||Deferred income||||204,170||
||Accrued expenses||||30,356|9,345|
||||||298,256|43,518|
##
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##
##
|MOVEMENT IN FUNDS|||||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 1.8.21|in t'unds|31.7.22|
|Unrestricted
funds|||||
|General
fund||822311|109,668|931,879|
|Restricted
funds|||||
|Playground
equipment||488|(244)|244|
|Sundry
Items||154||154|
|Other Equipment||798|(266)|532|
|||1,440|(510)|930|
|TOTAL FUNDS||823,651|109,158|932,809|
|Net movement
in funds, included|in the above are as follows:||||
|||incoming|Resources|Movement|
|||resources|expended|in funds|
|||||f.|
|Unrestricted
funds|||||
|General
fund||1,564,625|(1,454,957)|109,668|
|Restricted funds|||||
|Playground
equipment|||(244)|(244)|
|Other Equipment|||(266)|(266)|
||||(510)|(510)|
|TOTAL FUNDS||1,564,625|(1,455,467)|109,158|
##
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##
|Comparatives
for movement
in funds||||
|---|---|---|---|
|||Net||
|||movement|At|
||At 1.8.20|in funds|31.7.21|
|Unrestricted
funds||||
|General
fund|648,875|148,336|7%,211|
|Designated
funds|25,000||25,000|
||673,875|148,336|822,211|
|Restricted
funds||||
|Playground
equipmcnt
Sundry
Items
Other Equipment|732
154
1,064|(244)
(266)|488
154
798|
||1,950|(510)|1,440|
|TOTAL FUNDS|675,825|147,826|823,651|
|Comparative|net movement
in funds, included|in the above are as follows:|||
|---|---|---|---|---|
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
||||f.|f,|
|Unrestricted|funds||||
|General
fund||1,523,030|(1,374,694)|148,336|
|Restricted|funds||||
|Playground
equipment
Other Equipment|||(244)
(266)|(244)
(266)|
||||(510)|(510)|
|TOTAL FUNDS||1,523,030|(1,375,204)|147,826|
##