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2022-08-31-accounts

Governors,
Officers and Advisers		 Governors,
Officers and Advisers		 1-2
Governors'
Report		 3-6
Statement
of Financial		 Activities - Current Year
Statement
of Financial		 Activities - Prior Year
Balance Sheet
Cash Flow Statement 10
Notes to the Financial Statements 11 - 19
Independent
Examiners
report		 20

OFFICERS OFFICERS
Acting Head: Mr W Lockett
Bursar/School Business Manager, Clerk to The Mrs J Twist
Governors and Company Secretary:
Principal address and Registered Office: Knighton
House
Durweston		 School
Blandford
Forum
Dorset
DT11 OPY
Website: www. kni
htonhouse. co.uk
ADVISERS
Accountants: Lee Stokes FCA
Haysmacintyre LLP
10Queen Street Place
EC4R 1AG
Bankers: Lloyds Bank
1 High Street West
Dorchester
Dorset
DT1 1UG
Solicitors: Humphries
Kirk LLP
40 High West Street
Dorchester
Dorset
DT1 1UR

Unrestricted Restricted Restricted Year to Year to
Note Fund Funds 31/08/2022 31/08/2021
INCOME FROM:
Charitable
activities		 612,530
Fees receivable 48
Other income
Other trading
activities		 18,583
Property
holiday
lettings
Uniform
shop sales		 8,467
Investments 13
Bank and other interest 2,100
Rental income
Donations
and legacies		 21,009
Donations
Grant income 64,136
Government
grants
726,886
Total Income
EXPENDITURE ON:
Trading Activities 7,225
School shop
Charitable
activities		 1,673,992
School Operating Costs
407,046
Loss on disposal offixed assets
Total Expenditure 7-9 2,088,263
Net income/(expenditure) from operations (1,768,424)
Net income/(expenditure) for the year (1,361,378)
Transfer of Assets 8 liabilities to Bryanston School 768,211 (93,023) 675,188
Net movement
in funds		 768,211 (93,023) 675,188 (1,361,378)
Total funds brought forward 16 (768,211) 93,023 (675,188) 686,189
Total funds carried forward 16 EO EO (2675,188)
Unrestricted
Restricted		 Unrestricted
Restricted		 Year to Year to
Fund Funds 31/08/2021 31/08/2020
INCOME FROM:
Charitable
activities
Fees receivable
Other income		 612,530
48		 612,529
48		 557,974
734
Other trading
activities
Rental income
Property
holiday
lettings
Uniform
shop sales		 8,467 8,467 2,275
4,261
6,905
Investments
Bank and other interest		 13
2,100		 2,100 52
Donations
and legacies
Donations		 21,009 21,009 281
Grant income
Government
grants		 64, 136 64,136 112,649
Total Income 705,877 21,009 726,872 685,133
EXPENDITURE ON:
Raising funds
Property
holiday
letting
School shop		 expenditure 7,225 7,225 4,657
Charitable
activities
Teaching costs
Welfare
Premises
Support costs		 777,060
225,028
245,987
425,917		 777,060
225,028
245,987
425,917		 759,054
224,947
155,919
262,900
Loss on disposal of fixed assets 407,046 407,046
Total Expenditure 2,088,263 2,D88,263 1,4D7,476
Net income/(expenditure) from operations (1,789,433) 21,009 (1,768,424) (722,344)
Gains on the revaluation offixed assets
Net income
/ (expenditure)		 for the year (1,382,386) 21,DDD (1,361,378) (722.344)
Transfers
between
funds		 34,994 (34,994)
Net movement
in funds		 (1,347,392) (13,986) (1,361,378) (722,344)
Total funds brought
forward		 579,181 107,009 686,189 1,408,533
Total funds carried forward (F768,211) F93,023 (F675,188) 6686,189
2022 2021
aXeD ASSETS
Tangible assets		 10 18,818
CURRENTASSETS
Stock 11 7,272
Debtots 12 148,526 19,768
Cash at bank and in hand 13 34,290
148,526 61,330
CREDITORS:
Amounts
tstdng due utthtn		 one Year 14 (148.526) (581,643)
NET CURRENT UABILITIES (526,314)
TOTAL ASSETSLESSCURRENT LIABILITIES (501,496)
CREDITORS:
Amounts
falling due after one year		 15 {123,633)
NETASSETS 60 675,188
CAPITAL AND RESERVES
93,023
Resbtcted Funds
(768,211)
Generai funds
Unrestricted
funds		 (768,211)
TOTAL FUNDS 17 675,188
Forthe year ended 31August 2022the company was entitled to exemption
from audit under Section 477ofthe
Companies Act 2006 relating to small companies; The members
have not required the company to obtain an
audit ofits accounts forthe year in question
in accordance with section 476ofthe Companies
Act 2006,
Note 2022 2021
Net cash used in operating
activities		 (3,942) (546,152)
Cash provided
byl (used in) investing
activities
Proceeds from sale of property,
plant &equipment
Purchase
of property,
plant &equipment		 18,818 2,117,160
(7,971)
18,818 2,109,189
Cash provided
byl (used in) financing		 activities
Cash inflows from new borrowing (419,129)
Overdraft
Repayment
of loans		 (919,552)
(190,150)
Interest
paid
Net cash provided
by (used in)		 (1,528,831)
financing
activities
CHANGE
IN CASH AND CASH EQUIVALENTS
IN THE REPORTING PERIOD		 E14,876 F34,206
NOTES TO THE CASH FLOW STATEMENT
a. Reconciliation
of net income/(expenditure)
with net cash flow from operating activities 2022 2021
Net income/(expenditure)
for the reporting
statement
offinancial
activities)		 period (as per the 675,188 (1,361,378)
Adjustments
for:		 13,883
Depreciation
charges		 407,046
Loss on disposal ofassets 190,150
Interest on loans 7,272 2,844
Decrease
in stock		 (128,758) 12,008
Decrease
in debtors
Increase/(decrease)
in creditors		 (557,643) 189,294
Net cash flow from operating
activities		 E3,942 5546,152
Net cash flow from operating
activities includes		 investment income as this forms part ofthe Charity's
operating
income.
b. Analysis ofcash and cash equivalents At 01/09/21 Cashf iowa At 31/08/22
Cash at bank and in hand 34,290 (34,290)
Overdraft 34,290 (34,290)
Debt due within one year
Debt due after one year		 (10,000)
(39,167)		 10,000
39,167
F14,877 F14,877 FO

6. GOVERNMENT
GRANTS		 2022 2021
Coronavirus
Job Retention
Scheme
Dorset County Council - COVID support
Apprenticeship
Incentive Scheme		 grant FO 38,907
23,229
2,000
E64,136
7. EXPENDITURE 2022 2021
Direct charitable
expenditure		 includes:
Depreciation
Loss on disposal
ofassets		 13,883
407,046
190,150
Interest payable
Management
and administration		 expenditure includes:
Auditor's
remuneration		 for
for		 audit
accountancy		 5,959
68
for payroll
8. STAFF COSTS 2022 2021
Wages and salaries 910,026
71,184
Social security costs 116,908
Pension contributions EO f1,098,118
The average
number
of employees		 in the year was: 2022 2021
29
Teaching 12
Welfare 1
Premises 6
Administration 48
The number
of employees		 whose emoluments exceeded E60,000 was:
0 1
ANALYSIS OF EXPENDITURE ANALYSIS OF EXPENDITURE 2022 2021
Stff t 0th t ~oitt Ttr Total
~Rit~
f
d
Holiday
letting costs
School shop costs		 7,225
7,225
Direct charitable ex enditure
Teaching
Welfare
Premises		 777,060
225,028
245,987
1,248,075
~Rodeo
t
School administration
Finance costs
Governance
costs		 212,868
190,150
22,899
425,917
TOTAL EXPENDITURE EO FO 1,681,217
GOVERNANCE COSTS 2022 2021
Auditors'
remuneration:
Audit
Other
Legal and professional
fees		 ~Distr 6,027
16,872
E22,899
ANALYSIS OF EXPENDITURE 2021 2020
Stff t 0th t Ttt Total
R t' ~RRf
d
Holiday
letting costs
School shop costs		 7,225
7,225		 7,225
7,225		 4,657
4,657
Direct charitable ex enditure
Teaching
Welfare
Premises
742,172
179,503
30,387
952,062		 30,183
45,524
209,023
284,731		 4,705
6,577
11,282		 777,060
225,028
245,987
1,248,075		 759,054
224,947
155,919
1,139,920
S~lt
t
School administration
Finance costs
Governance
costs		 146,056
146,056		 64,212
190,150
22,899
277,262		 2,600
2,600		 212,868
190,150
22,899
425,917		 195,288
42,951
24,661
262,900
TOTAL EXPENDITURE E1,098,118 6569,217 613,882 F1,681,217 1,407,476
GOVERNANCE COSTS 2021 2020
Auditors'
remuneration:
Legal and professional		 Audit
Other
fees		 6,027
16,872
622,899		 6,600
4,588
13,473
f24, 661

0.TANGIBLE FIXED ASSE TS
Land 8, Plant & Furniture Computer Motor
Buildings Equipment 8 Fittings Equipment Vehicles TOTAL
COST
At 01/09/2021		 21,378 6,266 9,147 13,000 49,790
Additions
Transfer to The
Bryanston
School		 (21,378) (6,266) (9,147) (13,000) (49,790)
At 31/08/22
DEPRECIATION
At 01/09/2021		 12,591 2,506 2,874 13,000 30,971
Charge for the year
Transfer to The
Bryanston
School		 (12,591) (2,506) (2,874) (13,000) (30,971)
At 31/08/22
NET BOOK VALUE
At 31 August 2022
At 31 August 2021 F - F 8,786 E 3,760 E 6,272 E — F 18,819
11.STOCK 2022 2021
Finished goods for re-sale 7,272
12. DEBTORS 2022 2021
15,346
Fees and extras
Other debtors
Prepayments
and accrued		 income 148,526 4,422
F148,526 E19,768
13.CASH AT BANK AND IN HAND 2022 2021
34,057
Bank current and deposit accounts 233
Cash in hand
FO f34,290
14.CREDITORS: Amounts falling due within one year 2022 2021
Bank overdraft 10,000
Bank loans
Other loans		 148,526 14,000
4,312
Trade creditors 152,755
Tax 8 social security 95,458
Accruals
Deferred income (fees		 and deposits received in advance) 71,101
234,017
Other creditors
F148,526 F581,643
Movements
on the deferred		 income account: B/F Released Added Carried forward
Fees
Deposits		 48,404
22,697		 (48,404)
(22,697)
71,101 71,101

FUNDS (Cont'd)
Transfer of
Net assets to
Bryanston
UNRESTRICTED FUNDS At 01/09/21 Income Expenditure School At 31/08/22
Revaluation
reserve
General funds		 (768,211) 768,211
-F768,211 EO EO f768,211 EO
At 01/09/20 Income Expenditure
Revaluation		 At 31/08/21
Revaluation
reserve
General funds		 823,284
(244,103)		 705,877 (2,088,263) (823,284)
858,278		 (768,211)
F579,181 2705,877 (E2,088,263) -f768,211
ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted Restricted 2022
Total
Funds Funds Funds
Tangible
fixed		 assets
Net current assets
Long term liabilities
f0 EO EO
2021
Unrestricted Restricted Total
Funds Funds Funds
Tangible fixed assets
Net current assets
Long term liabilities		 18,818
(613,336)
(173,693)		 93,023
-		 18,818
(520,313)
(173,693)
(f768,211) f93,023 (f675,188)

ase payments under non -cancellable operat ing
Equipment
2022		 2021 Motor
2022		 Vehicles 2021
1,338
EO EO EO E1,338