2022-07-31-accounts

Annual Report
Year Ended 31 July 2022
Contents		Page
Trustees' Report
Independent Auditors' Report to the	Members
Consolidated Statement of Financial	Activities	19
Consolidated Balance Sheet		20
Company Balance Sheet		21
Consolidated Cash Flow Statement		22
Notes and Accounting Policies		24

		C~L
Whole	School		8
KS1
KS2

Key Information			Figures
Total Cohort			27 pupils
Boys			62.96%
Girls			37%
English as an additional	Foreign Language	(EFL)	0%

Writing Attainment		Boy	Girl	Reading Attainment		Boy	Girl	Mathematics	Attainment	Attainment	Boy	Girl
Exceeding	11.11%	3.7%	7.4%	Exceeding	7.4%	0%	7.4YD	Exceeding		33.33%	18.51'Yo	14.81%
Meeting/Exceeding	81.11%	44.44%	37.02%	Meeting/Exceeding	81.4%	48.14	33.3%	Meeting/Exceeding		66.66%	40.73%	25.92%
Meeting expected	70.37%	40.74%	29.62%	Meeting expected	74%	48.14%	25.9%	Meeting expected		33.33%	22.22%	11.11%
Just Below	7.4%	3.7%	3.7%	Just Below	3.7%	3.7%	0%	Just Below		22.22%	14.81%	7.4%
Below	11.11%	11.11%	0%	Below	14.81Y0	11.11%	3.7%	Below		11.11%	7.4%	371%
Writing Progress				Reading Progress				Mathematics	Progress
Exceeding	29.62%	14.81%	18.51%	Exceeding	29.62YO	14.81%	14.81%	Exceeding		3333%	18.51%	14.81%
Meeting/Exceeding	96.28%	62.95Y0	37.02%	Meeting/Exceeding	100%	62 95%	37.03%	Meeting/Exceeding		92.58%	59.2%	33.32%
Meeting expected	66.66%	48.14%	18.51%	Meeting expected	70.37%	48 14%	22.22%	Meeting Expected		59.25%	40.74%	18.51%
Just Below	0%	0%	0%	Just Below	OYO	0%	0%	Just Below		0%	OYD	0%
Below	0%	0%		Below	0%	0%	0%	Below		7.4%	3.7%	3.7%

Year Ended 31 July 20	22
			General	Restricted	2022	General	Restricted	2021
		Notes	Fund f	Fund F	Total	Fund	Fund	Total
Income
Charitable Activities
School fees receivable		2	6,118,110		6,118,110	5,015,872	-	5,015,872
Ancillary trading income		3	781,138		781,138	479,555		479,555
Other trading activities
Commercial trading operations			112,505		112,505	107,811		107,811
Government grant - CJRS						108,890		108,890
Other income			53,288		53,288	56,124		56,124
Donations			1,000	2,250	3,250		500	500
Total income			7,066,041	2,250	7,068,291	5,768,252	500	5,768,752
Expenditure
Charitable Activities
School operating costs		5	6,602,732	500	6,603,232	5,512,831	5,000	5,517,831
Costs ofgenerating funds
Commercial trading operations		5	94,534		94,534	63,500		63,500
Total expenditure		5	6,697,266	500	6,697,766	5,576,331	5,000	5,581,331
Net income / (expenditure)
before transfers			368,775	1,750	370,525	191,921	(4,500)	187,421
Transfers between funds
Net income / (expenditure)	and
movement in funds for the	year		368,775	1,750	370,525	191,921	(4,500)	187,421
Funds as at 1 August 2021			1,219,836	650	1,220,486	1,027,915	5,150	1,033,065
Funds as at 31July 2022			1,588,611	2,400	1,591,011	1,219,836	650	1,220,486

31 July 2022
					2022	2021
			Notes
Fixed assets
Intangible assets Tangible assets					2,211,213	2,250,756
					2,211,213	2,250,756
Current assets
Stock					53,158	49,967
Debtors					166,447	223,438
Cash at bank and	in hand				1,204,704	640,065
					1,424,309	913,470
Current liabilities
Amounts falling due within			one year	12	(1,234,269)	(1,072,584)
Net current liabilities					190,040	(159,114)
Total assets less	current		liabilities		2,401,253	2,091,642
Long term liabilities Amounts falling due after one year				12	(810,242)	(871,156)
Net assets					1,591,011	1,220,486
Restricted funds				13/14	2,400	650
Unrestricted general		fund		13/14	1,588,611	1,219,836
Total funds					1,591,011	1,220,486

31 July 2022
				2022	2021
		Notes
Fixed assets
Intangible assets			8
Tangible assets			9	2,211,213	2,250,756
Investments			10	2	2
				2,211,215	2,250,758
Current assets
Stocks				7,984	7,984
Debtors				221,787	302,594
Cash at bank and	in hand			1,162,110	601,123
				1,391,881	911,701
Current liabilities
Amounts falling due within		one year	12	(1,201,843)	(1,070,817)
Net current liabilities				190,038	(159,116)
Total assets less	current	liabilities		2,401,253	2,091,642
Long term liabilities
Amounts falling due after one year			12	(810,242)	(871,156)
Net assets				1,591,011	1,220,486
Restricted funds			13/14	2,400	650
Unrestricted general fund			13/14	1,588,611	1,219,836
Total funds				1,591,011	1,220,486

Year ended 31 July 2022
		2022	2021
			E
	Notes
Net cash inflow from operations		904,365	847,544
Returns on investments and
Servicing offinance Finance costs paid		(34,663)	(33,300)
Capital expenditure and financial
Investment
Payments for tangible fixed assets Proceeds from sale offixed assets		(237,658) 4,375	(153,475) 1,080
Net cash oufflow from capital expenditure		(233,283)	(152,395)
Financing Repayment of bank borrowing Payment to finance lease creditors New finance lease agreements		(40,675) (31,105)	(28,024) (27,056) 33,662
Net cash (oufflow) / inflow from financing		(71,780)	(21,418)
Increase / (decrease) in cash in the year		564,639	640,431
Reconciliation of net cash flow to
movement in net funds
Increase / (decrease) in cash		564,639	640,431
Change in net funds Net funds at 1 August 2021		564,639 640,065	640,431 (366)
Net (debt) funds at 31July 2022		1,204,704	640,065

(i)	Reconciliatio	n of net	incomi	ng resources to net ca	sh flow from operations
					2022		2021
	Net income	for the year			370,525		187,421
	Elimination	of non-operating		cashflows:
	Financing costs				34,663		33,300
	Amortisation	charge
	(Profit)/Loss	on disposal of		fixed assets	2,277		9,690
	Depreciation	charge			270,544		241,176
	(Increase) /	decrease	in stock		(3,191)		(4,844)
	(Increase) /	decrease	in debtors		56,991		80,944
	Increase / (decrease)		in creditors		150,118		276,062
	Increase / (decrease)		in deposits		22,438		23,795
	Net cash inflow from operations				904,365		847,544
(ii)	Analysis of	changes	in net	funds
					At 1		At 31
					August	Cash	July
					2021	flows	2022
	Cash at bank and in		hand		640,065	564,639	1,204,704
	Bank overdraft
					640,065	564,639	1,204,704

Ye	ar Ended 31 July 2022	ar Ended 31 July 2022
2	Charitable activities - School fees
				2022	2021
	Gross school fees receivable			7,021,201	5,961,501
	Less:
	Scholarships Bursaries			(178,255) (207,349)	(174,453) (298,160)
	Other discounts and awards			(517,487)	(473,016)
				6,118,110	5,015,872
3	Charitable activities —Ancillary	trading	income
				2022	2021
	Catering and transport School trips and other re-chargeables Entrance and registration fees Other income			577,667 180,492 15,896 7,083	383,717 77,188 14,898 3,752
				781,138	479,555

School's own results for the year, Activities:	to distinguish them from the consoli	to distinguish them from the consoli	dated Stateme	nt of Financial
	Subsidiary			Charity
	2022	2021	2022	2021
Turnover and fee income	112,505	107,811	6,501,612	5,290,360
Cost ofsales: Subsidiary	(63,254)	(59,748)
Gross profit: Subsidiary	49,251	48,063
Administration: Subsidiary	(42,529)	(14,533)
Other income
Income for the year	6,722	33,530	6,967,035	5,671,722
Deed ofCovenant	(6,722)	(33,530)	6,722	33,530
Gross incoming resources			6,973,757	5,705,252
Costs ofcharitable activities			(6,603,232)	(5,517,831)
Retained income			370,525	187,421

5	Analysis of Expend	iture
				Staff	Other	Depreciation	Total	Total
				costs	costs		2022	2021
								f.
	Charitable activities-
	Salary 5Staff Costs		4,172,184				4,172,184	3,733,159
	Teaching				505,585		505,585	295,177
	Catering				273,710		273,710	204,063
	Estates/Grounds				597,885	227,216	825,101	678,325
	Governance				148,111		148,111	71,895
	Support costs of schooling				635,213	43,328	678,541	535,212
	Charity		4,172,184		2,160,504	279,544	6,603,232	5,517,831
	Cost ofgenerating	funds:
	Trading costs ofthe	subsidiary			94,534		94,534	63,500
	Total Resources Expended
	Group		4,172,184		2,255,038	270,544	6,697,766	5,581,331
6	Expenditure —Other Disclosures
							2022	2021
	Auditors' remuneration:
	Audit fees						13,470	14,820
	Accounting and other compliance			services			3,140	4,758
	Payroll services						13,334	10,502
	Depreciation of intangible		fixed assets (note 8)
	Depreciation oftangible fixed assets			(note 9)			270,540	241,176
	Bank and other loan	interest payable					35,573	34,002

Ye	ar Ended 31 July	2	022
7	Staff Costs
									2022	2021
									f.
	Wages and salaries Social security costs Other pension costs								3,371,479 299,333 501,372	3,010,379 258,794 463,986
									4,172,184	3,733,159
	Average number of	employees							146	137
	The number ofhigher		paid employees		was:
	F90,001 —6100,000
	Ofthese employees,		the number	with	retirement		benefits
	accruing in defined	benefit pension schemes				was
									2022	2021
	Aggregate employee		remuneration	of	key management			personnel	490,168	443,926
8	Fixed Assets - Intangible
								Charity	Subsidiary	Group
					Software			Total	Total	Total
							f.
	Cost
	At 1 August 2021					33,404		33,404		33,404
	At 31 July 2022					33,404		33,404		33,404
	Depreciation At 1 August 2021					33,404		33,404		33,404
	At 31July 2022					33,404		33,404		33,404
	Net book amounts
	At 31 July 2021
	At 31 July 2022

						Subsidiary	Subsidiary
		Freehold	Fixtures Computer		Motor	Charity	Fixtures	Group
		properties	&fittings	equipm't	vehicles	Total	&fittings	Total
Cost
At 1 August 2021		3,435,650	2,755,356	133,746	163,627	6,488,379	1,492 6,489,871
Additions		8,000	177,576	27,887	24,195	237,658		237,658
Disposals			(6,657)	-	(16,364)	(23,021)		(23,021)
Transfers
At 31July	2022	3,443,650	2,926,275	161,633	171,458	6,703,016	1,492 6,704,508
Depreciation
At 1 August	2021	1,942,147	2,072,817	111,579	111,080	4,237,623	1,492 4,239,115
Charge for	year	52,433	174,783	14,493	28,835	270,544		270,544
Eliminated	on disposals				(16,364)	(16,364)		(16,364)
Transfers
At 31July	2022	1,994,580	2,247,600	126,072	123,551	4,491,803	1,492 4,493,295
Net book amounts
At 31 July 2021		1,493,503	682,539	22,167	52,547	2,250,756		- 2,250,756
At 31July	2022	1,449,070	678,675	35,561	47,907	2,211,213		- 2,211,213

Ye	ar Ended 31 July 2022
11	Debtors
				Group	Company
			2022f	2021	2022	2021
	Fees receivable		4,956	121,140	4,956	121,140
	Trade debtors		59,164	38,953	53,851	38,224
	Amounts owed by subsidiary Deed ofcovenant payment Other amounts owed	undertaking:			6,722 53,931	33,530 46,355
	Prepayments and accrued income		102,327	63,345	102,327	63,345
			166,447	223,438	221,787	302,594
12	Creditors: payable within one year
				Group	Company
			2022	2021	2022	2021
	Loans and bank overdraft		35,530	35,530	35,530	35,530
	Finance leases and hire
	purchase agreements Trade creditors		20,238 93,284	31,104 100,509	20,238 89,997	31,104 100,509
	Fees received in advance		31,168	174,588	31,168	174,588
	Refundable deposits PAYE and social security Accruals and deferred income		257,912 72,382 723,755	235,474 62,448 432,931	257,912 72,382 694,616	235,474 62,448 431,164
			1,234,269	1,072,584	1,201„843	1,070,817
	Creditors: payable after one year
				Group	Company
			2022	2021	2022	2021
	Bank loan		795,771	836,446	795,771	836,446
	Finance leases and hire
	purchase agreements		14,471	34,710	14,471	34,710
			810,242	871,156	810,242	871,156

Analysis in mov	ements in	funds
		Balance			Transfers	Funds
	1	August 2021	Income	Expenditure	In/(out)	31 July 2022
Unrestricted funds
General funds		1,219,836	7,063,704	(6,694,929)		1,588,611
Restricted Funds
Drama Outreach	Programme	150				150
Music Department	Fund	500		(500)
Tree Planting			2,250			2,250
		650	2,250	(500)		2,400
Total funds		1,220,486	7,065,954	(6,695,429)		1,591,011

Analysis in mov	ements in	funds —previo	us year
		Balance			Transfers				Funds
	1	August 2020	Income	Expenditure		In/(out)	31	July 2021
		f.
Unrestricted funds
General funds		1,027,915	5,768,252	(5,576,331)				1,219,836
Restricted Funds
Clockhouse Clock Drama Outreach Programme Music Department Fund		5,000 150	500		(5,000)				150 500
		5,150	500		(5,000)				650
Total funds		1,033,065	5,768,752	(5,581,331)				1,220,486
Allocation of Net Assets
		Restricted Unrestricted		Total	Restricted	Unrestricted			Total
		Funds	Funds	Funds	Fund		Funds		Funds
		2022	2022	2022	2021		2021		2021
									F
Fixed Assets			2,211,213 2,211,213			2,250,756			2,250,756
Cash at bank		2,400	1,202,304 1,204,704		650	639,415			640,065
Other net current liabilities Creditors due after one year			(1,014,664)(1,014,664) (810,242) (810,242)			(763,649) (906,686)			(763,649) (906,686)
Total		2,400	1,588,611 1,591,011		650	1,219,836			1,220,486