## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||H D Cocke|(Chair)||||||| |---|---|---|---|---|---|---|---|---| ||BDavies|(Vice-Chair)||||||| ||CJCulley|(Chair ofF&GP)||||||| ||Dr R Skule|||||||| ||EM Barkham|(resigned 31"July 2021)||||||| ||N L Hunter|(Chair ofESC)||||||| ||C Jarrold|||||||| ||SWest|||||||| ||A Van Wensveen|||||||| ||JOffer|||||||| ||JClough|(appointed 1"August||2021)||||| ||Member ofthe Finance and General|||Purposes||Committee|(F&GP)|| ||Member ofthe Communications||Committee|||(CC)||| ||Member ofthe Education
and Safeguarding||||Committee (ESC)|||| |Head||C Saenger BAQTS||||||| |Bursar||JPerry FCCA||||||| |Bankers||Lloyds Bank pic||||||| |||Femdown
Branch||||||| |||PO Box 1000||||||| |||Bxl 1LT||||||| |Savings|Accounts|National
Westminster||Bank|||Barclays Bank PLC|| |||Wimborne
Branch|||||Wimborne|Branch| |||7 West Borough|||||Registered|Address| |||Wimborne|||||1 Churchill|Place| |||Dorset|||||London|| |||BH21 1PR|||||E145HP|| |||Teachers Building Society|||| |---|---|---|---|---|---| |||Allenview
House|||| |||Hanham
Road|||| |||Wimborue|||| |||Dorset
BH21 1AG|||| |Auditors||Fletcher &Partners|||| |||Chartered
Accountants|||| |||Crown Chambers|||| |||Bridge Street|||| |||Salisbury|||| |||Wiltshire|||| |||Spl 2LZ|||| |Insurance|Brokers|Hayes Parsons Broker Insurance|Marsh Ltd||| |||Beacon Tower|Capital House||| |||Colston Street|1-5 Perrymount||Road| |||Bristol|Haywards|Heath|| |||BS14XE|West Sussex||| ||||Po1 1DU||| |Solicitors||Wilsons Solicitors LLP|||| |||Alexandra
House|||| |||StJohns Street|||| |||Salisbury|||| |||Wiltshire|||| |||Spl 2SB|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||FOR|THE|YEAR ENDED 31JULY 2022|YEAR ENDED 31JULY 2022|YEAR ENDED 31JULY 2022|| |---|---|---|---|---|---|---|---| |||||||Total|Total| ||||||Note|2022|2021| ||||||||E| |INCOME FROM:|||||||| |Coronavirus
Job Retention|Scheme Grants|||and Donation|3b||56,262| |Charitable
activity - operation ofthe school|||||||| |Pupils fees||||||3,584,414|3,534,057| |Less: Covid-19 discount|||||||(128,577)| |Pupils extras and|disbursements|||recovered||68,425|42,286| |Early Years Funding||||||105,904|68,832| |School bus service||||||54,105|48,993| |Holiday Activities||||||40,919|44,287| |Investment|||||3a|1,224|1,318| |Other||||||11,588|4,700| |TOTAL INCOME||||||3,866,579|3,672,158| |EXPENDITURE ON:|||||||| |Charitable
activities|||||||| |Costs ofoperation|ofthe School||||5/5a|3,741,398|3,755,725| |TOTAL EXPENDITURE||||||3,741,398|3,755,725| |NKT INCOME/(EXPENDITURE)|||FOR THE YEAR|||8125,181|(83,567)| |FUND BALANCES AT 1AUGUST 2021|||||12a|6,971,144|7,054,711| |FUND BALANCES AT 31||JULY|2022||12a|7,096,325|6,971,144| ## ||FOR THK|FOR THK|YEAR|ENDED 31|JULY 2022||| |---|---|---|---|---|---|---|---| |||Notes|||2022||2021| |TURNOVER|||||||| |Pupils fees|||2||3,584,414||3,534,057| |Less: Covid-19
discount|||||||(128,577)| |Early Years Funding|||||105,904||68,832| |Pupils extras and disbursements||recovered|||68,425||42,286| ||||||3,758,743||3,516,598| |OTHER OPERATING|INCOME||||||| |School bus income|||||54,105||48,993| |Interest receivable|||3a||1,224||1,318| |Coronavirus
Job Retention|Scheme|Grants|3b||||56,262| |Miscellaneous
income|||||52,507||48,987| ||||||3,866,579||3,672,158| |EXPENDITURE|||||||| |Consumables||||266,950||206,179|| |Other external charges||||563,872||565,727|| |Staffcosts:-|||||||| |Salaries and wages||||2,148,365||2,153,265|| |Social security|costs|||190,535||196,539|| |Other pension|costs|14b||267,741||331,628|| |||||2,606,641||2,681,432|| |Depreciation
and other amounts|||||||| |written offtangible
fixed assets||||254,945||253,433|| |Other operating
charges||||48,990||48,954|| ||||||3,741,398||3,755,725| |GENERAL FUND|||||||| |SURPLUS/(DEFICIT)||12a|||125,181||~83,567)| ## |||Note||2022|2022|2021| |---|---|---|---|---|---|---| |NKT CASH (OUTFLOW)/ INFLOW||||||| |FROM OPERATING ACTIVITIES|||||410,435|49,180| |RETURNS ON INVESTMENTS AND SERVICING||||||| |OF FINANCE||||||| |Investment
income received||||1,224|1,318|| |Proceeds ofsale ofproperty,
plant and equipment|||||5,084|| |Purchase ofproperty,
plant and|equipment||(332,277)||(29,200)|| ||||||(331,053)|(22,798)| |INCREASE IN CASH||B,C|||879,382|f26,382| |NOTES TO THK CASH FLOW STATEMENT||||||| |A.
Reconciliation
ofnet income/(expenditure)|||to net|cash|inflow from operating|activities| |Net income/(expenditure)
for the reporting||period|||125,181|(83,567)| |Depreciation|||||254,790|256,669| |Interest from investments|||||(1,224)|(1,318)| |Loss/(profit)
on sale offixed assets|||||155|(3,236)| |Decrease / (Increase) in debtors|||||(63,597)|(2,408)| |(Decrease) / Increase in creditors|||||95,130|(116,960)| |Net cash inflow from operating|activities||||8410,435|f49,]80| |B.
Reconciliation
ofnet cash|outflow to|movements||in net|funds|| |Net funds at 31July 2021|||||971,721|945,339| |Net cash(outflow)/
inflow|||||79,382|26,382| |Net funds at 31 July 2022|||||$1,051,103|f971,721| |C.
Analysis ofchanges
in net|funds|||||| ||||01.08.21||Cash flow|31.07.22| |Cash at bank and in hand|||971,721||79,382|1,051,103| ||||f971,721||f79,382|X,1,051,103| ## ## ## ## ## ## |Assets under construction|Assets under construction|Not depreciated|until assets are brought|until assets are brought|into|use.| |---|---|---|---|---|---|---| |Land and original buildings:||No depreciation.||||| |School buildings:||At various rates|from 2% to 10%per annum|||on historical cost.| |Astroturf sport pitch:||||||| |Base, groundworks|and related costs|4%per annum|on costs.|||| |Synthetic surface||14.29%per annum
on costs.||||| |Fencing and equipment||10%per annum|on costs.|||| |Other sports buildings|and facilities:|At various rates|averaging|8%per annum|on|costs.| |Furniture
and Fittings:||20%per annum|on written|down value.||| |Computers:||50%per annum|on cost|||| |Plant and machinery:||20%per annum|on written|down value.||| |Motor vehicles:||25%per annum|on written|down value,||| ## ## ## ## ## ## ## ## ||NOTES TO THE FINANCIAL STATEMENTS|NOTES TO THE FINANCIAL STATEMENTS|NOTES TO THE FINANCIAL STATEMENTS|NOTES TO THE FINANCIAL STATEMENTS|NOTES TO THE FINANCIAL STATEMENTS|NOTES TO THE FINANCIAL STATEMENTS|NOTES TO THE FINANCIAL STATEMENTS|AS AT|31JULY 2022|| |---|---|---|---|---|---|---|---|---|---|---| |||||||||2022||2021| |2.|SCHOOL FEES|||||||||| ||The Company's
fee income comprised:|||||||||| ||Prep School|||||||2,908,640||2,945,572| ||Pre-prep||||||||526,828|494,503| ||Nursery||||||||144,146|90,982| ||Registration
fees||||||||4,800|3,000| |||||||||3,584,414||3,534,057| ||Less Covid-19
discount|||||||||(128,577)| |||||||||3,584,414||3,405,480| |3a.|UK INVESTMENT INCOME|||||||||| ||Bank interest||||||||1,224|1,3 1.8| |3b.|GRANTS AND DONATIONS|||||||||| ||Government
Grants; Coronavirus|||lob Retention||Scheme||||56,262| |||||||||||56,262| |4.|EXPENDITURE|||||||||| ||Charitable
activity expenditure||includes:|||||||| ||Depreciation oftangible|fixed||assets|||||254,789|256,669| ||Loss/(profit)
on disposal|of|fixed assets||||||155|(3,236)| ||Auditors
remuneration:|||||||||| ||Audit fees||||||||11,000|10,380| ||Other services|||||||||| ||Operating
lease rentals||||||||6,962|7,134| ||The Company
has professional||indemnity||insurance||for the Governors||which costf324|for the year| ||(2021 - f324).|||||||||| ||Total staff costs comprised:|||||||||| ||Salaries|||||||2,|148,365|2,153,265| ||Social Security Costs||||||||190,535|196,539| ||Pension Costs||||||||267,741|33 1,628| |||||||||2,606,641||2,681,432| ## |ANALYSIS|OF TOTAL RESOURCES KXPKNDED|OF TOTAL RESOURCES KXPKNDED|OF TOTAL RESOURCES KXPKNDED|OF TOTAL RESOURCES KXPKNDED|2022|||| |---|---|---|---|---|---|---|---|---| ||||Staff|Other|||2022|2021| ||||Costs|Costs|Depreciation||Total|Total| |Charitable
activity
- operation ofthe school||||||||| |Direct costs:||||||||| |Teaching and|welt'are||2,268,223|288,975|64,970||2,622,168|2,634,609| |Premises
and|facilities||72,409|401,581|187,207||661, 1')7|634,275| |Advertising,|marketing|and|14,000|30,729|||44,729|53,788| |publicity||||||||| |Total|||2,354,632|721,285|252,|177|3,328,094|3,322,672| |Supportcosts:||||||||| |Support costs ofschooling|||242,862|147,871|2,767||393,500|377,924| |Governance
costs|||9,147|10,657|||19,804|55,129| |Total|||252,009|158,528|2,767||413,304|433,053| |Total resources expended|||2,606,641|879,813|254,944||3,741,398|3,755,725| |ANALYSIS|OF TOTAL RESOURCES EXPENDED||||2021|||| |Charitable
activity
—operation ofthe school|||||||2021|2020| |Direct costs:|||||||Total|Total| |Teaching and|welfare||2,333,091|236,384|65,|134|2,634,609|2,608,027| |Premises
and|facilities||87,670|355,241|191,364||634,275|666,570| |Advertising,|marketing|and|13,724|40,064|||53,788|44,154| |publicity||||||||| |Total|||2,434,485|631,689|256,498||3,322,672|3,318,751| |Support costs:||||||||| |Support costs|ofschooling||235,156|142,597|171||377,924|390,863| |Governance
costs|||11,793|43,3361|||55,129|33,034| |Total|||246,949|185,933||171|433,053|423,897| |Total resources expended|||2,681,434|817,622|256,66')||3,755,725|3,742,648| ## ## |6.GOVERNANCE
COSTS|6.GOVERNANCE
COSTS||| |---|---|---|---| |Staff costs||9,147|11,793| |Auditors'
rmnuneration:|for audit (inclusive ofvat)|11,000|10,380| |Legal and professional|fees|(343)|32,956| |||19,804|55,129| ## ## |FIXEDASSETS||||||| |---|---|---|---|---|---|---| ||Freehold|Furniture|||Computers|| ||Land &|&|Plant &|Motor|&|2022| ||Buildings|Equipment|Machinery|Vehicles|Sot)ware|TOTAL| |COST OR VALUATION||||||| |As at
I August 2021|7,634,701|538,279|652,964|276,542|4,560|9,107,046| |Additions|243,853|17,433|15,084||55,907|332,277| |Disposals|||(2,642)|||(2,642)| |As at 31 July 2022|7,878,554|555,712|665,406|276,542|60,467|9,436,681| |DEPRECIATION||||||| |As at
I August 2021|1,783,339|432,532|487,475|214,378|1,710|2,919,435| |(.'harge for the year|152,481|24,533|34,572|15,538|27,666|254,790| |Written back on|||(2,487)|||(2,487)| |disposal||||||| |As at 31 July 2022|1,935,820|457,065|519,560|229,916|29,376|3,171,738| |NET BOOK VALUE||||||| |As at
I August 2021|5,851,362|105,747|165,489|62,164|2,850|6,187,612| |As at 31 July 2022|5,942,734|98,647|145,846|46,626|31,091|6,264,943| ## |||||||||2022|2021| |---|---|---|---|---|---|---|---|---|---| |8.|DEBTORS||||||||| ||Parents for fees and extras|||||||115,233|55,528| ||Prepayments|||||||77,576|82,728| ||Accrued income|||||||2,570|242| ||Other Debtors|||||||6,716|| |||||||||202,095|138,498| ||CREDITORS: AMOUNTS|FALLING||||DUE WITHIN ONE YEAR|||| ||Pupils' fees received
in advance|||||||96,705|57,123| ||Deposits from parents|||||||17,000|13,500| ||Trade creditors|||||||18,934|i6,787| ||Taxation and Social Security|||||||53,985|60,479| ||Other creditors|||||||15,079|7,902| ||Accruals|||||||95,025|41,786| |||||||||296,728|197,577| ||CRKDITORSt AMOUNTS FALLING|||||DUE AFTER|||| ||MORE THAN ONK YEAR||||||||| ||Deferred
income - fees received||in advance|||||12,338|26,609| ||Deposits from parents|||||||112,750|102,500| |||||||||125,088|129,109| |11.|DEFERRED INCOME||||||||| ||Pupils fees received
in advance||are scheduled||||to be applied as follows:||| ||Amounts
falling due within
one||year|||||96,705|57,123| ||Amounts
falling due after one|year within||||5 years||12,338|26,609| ||Total liability
due at 31st July|2022||||||109,043|83,732| ||Movement
on advance
on fees||||||||| ||Fees in advance
brought
forward||at|I|August||2021|83,732|137,052| ||Amounts
received for fees in advance||||in year|||87,636|24,706| ||Amounts
used
in year against|fees||||||(62,325)|(78,026)| ||Fees in advance carried forward||at 31||July 2022|||109,043|83,732| ||NOTES TO THE FINANCIAL|NOTES TO THE FINANCIAL|NOTES TO THE FINANCIAL|STATEMENTS AS AT 31JULY 2022|STATEMENTS AS AT 31JULY 2022|STATEMENTS AS AT 31JULY 2022||| |---|---|---|---|---|---|---|---|---| |||||||2022||2021| |||||||g||| |12.|ANALYSIS OF NKT ASSKTS|||||General|General|| |||||||Funds||Funds| ||Tangible
fixed assets|||||6,264,943|6,187,611|| ||Net current assets|||||956,470||912,642| ||Long term liabilities|||||(125,088)||(129,109)| |||||||7,096,325|6,971,144|| |12(a)|FUND MOVEMENT|IN THK YEAR||||||| ||At
I August 2021|||||6,971,144||7,054,71 I.| ||Surplus/(Deficit)
on ordinary||activities|for|the year|125,181||(83,567)| ||At 31 July 2022|||||7,096,325|6,971,144|| |13.|GUARANTORS'
LIABILITY|||||||| ||In the event ofthe Company||being wound||up, the liability ofeach ofthe guarantors|||is| ||limited to 8I.|||||||| |14.|COMMITMENTS|||||||| ||a.
Capital commitments|||||||| ||At 31 July 2022, capital||expediture|commitments||were as follows:||| |||||||6258,408||KNil| ## ## ## ## ## ## ## ||||2022|2021| |---|---|---|---|---| |Amounts|due|within one year|6,938|5,589| |Amounts|due|between two and five years|10,620|14,832| ||||17558|20241|