| Trustees | J E Bowry | |
|---|---|---|
| S Deane | ||
| M Gibrill | ||
| CJohns | ||
| N M SG Bartholomew | ||
| Charity number | 307024 | |
| Company | number | 00543113 |
| Registered | office and | Bolney Court |
| principal address | Crossways | |
| Bolney | ||
| Haywards Heath |
||
| West Sussex | ||
| RH17 5RD | ||
| Auditor | TC Group | |
| The Courtyard | ||
| Shoreham Road |
||
| Upper Beeding | ||
| Steyning | ||
| West Sussex | ||
| BN44 3TN | ||
| Accountant | Moore (South) LLP | |
| gst Johns Place | ||
| Newport | ||
| Isle ofWight | ||
| PO30 1LH | ||
| Bankers | NatWest Bank Pic | |
| 1 Muster Green | ||
| Haywards Heath |
||
| West Sussex | ||
| RH16 4AP |
| Page | ||
|---|---|---|
| Trustees' report |
1 -7 | |
| Independent auditor's |
report | 8-fo |
| Statement offinancial | activities | |
| Balance sheet | 12 | |
| Statement ofcash flows | ||
| Notes to the financial | statements | 14-28 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| Notes | 2022f | 2022f | 2022f | 2021f | 2021f | 2021f | ||
| Income and endowments | from | |||||||
| Donations and legacies Charitable activities Other trading activities Investments Other income |
10,493 4,228,230 (1,770) 17,067 15,990 |
26,490 14,394 |
36,983 4,242,624 (1,770) 17,067 15,990 |
112,364 3,397,213 1,838 16,564 4,037 |
15,485 21,357 |
127,849 3,418,570 1,838 16,564 4,037 |
||
| Total income | 4,270,010 | 40,884 | 4,310,894 | 3,532,016 | 36,842 | 3,568,858 | ||
| ~Edit | ||||||||
| Raising funds | 8 | 3,086 | 3,086 | 2,535 | 2,535 | |||
| Charitable activities |
9 | 3,713,632 | 24,824 | 3,738,456 | 3,410,680 | 52,094 | 3,462,774 | |
| Total resources | ||||||||
| expended | 3,716,718 | 24,824 | 3,741,542 | 3,413,215 | 52,094 | 3,465,309 | ||
| Net gains/(losses) on |
||||||||
| investments | 13 | 92,718 | 92,718 | |||||
| Gross transfers | between | |||||||
| funds Net income for |
the year/ | 20 | (2,379) | 2,379 | ||||
| Net movement | in funds | 553,292 | 16,060 | 569,352 | 209,140 | (12,873) | 196,267 | |
| Fund balances at 1 | ||||||||
| September 2021 | 4,919,345 | 12,609 | 4,931,954 | 4,710,205 | 25,482 | 4,735,687 | ||
| Fund balances | at 31 | |||||||
| August 2022 | 5,472,637 | 28,669 | 5,501,306 | 4,919,345 | 12,609 | 4,931,954 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Notes | f | ||||||||
| Fixed assets | |||||||||
| Tangible assets | 14 | 2,572,344 | 2,007,820 | ||||||
| Investment | properties | 15 | 750,000 | 750,000 | |||||
| 3,322,344 | 2,757,820 | ||||||||
| Current assets | |||||||||
| Debtors | 16 | 694,018 | 1,046,446 | ||||||
| Cash at bank and | in | hand | 3,396,213 | 2,877,153 | |||||
| 4,090,231 | 3,923,599 | ||||||||
| Creditors: | amounts | falling due within | |||||||
| one year | 17 | (1,840,475) | (1,547,836) | ||||||
| Net current | assets | 2,249,756 | 2,375,763 | ||||||
| Total assets less | current | liabilities | 5,572,100 | 5,133,583 | |||||
| Creditors: | amounts | falling due after | |||||||
| more than | one year | 18 | (70,794) | (201,629) | |||||
| Net assets | 5,501,306 | 4,931,954 | |||||||
| Income funds | |||||||||
| Restricted | funds | 20 | 28,669 | 12,609 | |||||
| Unrestricted | funds | 5,472,637 | 4,919,345 | ||||||
| 5,501,306 | 4,931,954 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | 6 | 6 | |||||
| Cash flows from operating | activities | ||||||
| Cash generated | from operations | 27 | 1,166,149 | 574,714 | |||
| Investing activities |
|||||||
| Purchase oftangible fixed assets |
(664,156) | (236,531) | |||||
| Proceeds on disposal oftangible fixed |
|||||||
| assets | 3,900 | ||||||
| Interest received | 1,502 | 9 | |||||
| Rent received | 15,565 | 16,555 | |||||
| Net cash used | in investing | activities | (647,089) | (216,067) | |||
| Net increase in |
cash and | cash equivalents | 519,060 | 358,647 | |||
| Cash and cash equivalents | at beginning | ofyear | 2,877,153 | 2,518,506 | |||
| Cash and cash | equivalents | at end of | year | 3,396,213 | 2,877,153 | ||
| The charity had | no net debt | during the year. |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| 2022 6 |
2022f | 2022 | 2021 6 |
2021f | 2021 | |||
| Donations | and | gifts | 26,490 | 26,490 | 15,485 | 15,485 | ||
| Grants | 10,493 | 10,493 | 112,364 | 112,364 | ||||
| 10,493 | 26,490 | 36,983 | 112,364 | i5,485 | 127,849 |
| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2022 | 2021 | ||||
| 6 | f | ||||
| Letting | and | licensing | arrangements | (1,770) | 1,838 |
| School fees within | charitable | activities |
|---|---|---|
| Pupil Premium | ||
| Analysis by fund |
||
| Unrestricted funds |
||
| Restricted funds |
| 2022 E |
2021f |
|---|---|
| 4,228,230 | 3,397,213 |
| 14,394 | 21,357 |
| 4,242,624 | 3,418,570 |
| 4,228,230 | |
| 14,394 | |
| 4,242,624 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2022 F |
2021f | ||
| Rental | income | 15,565 | 16,555 |
| Interest | receivable | 1,502 | 9 |
| 17,067 | 16,564 |
| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2022 | 2021 | ||||
| 8 | |||||
| Net gain on disposal oftangible Miscellaneous income |
fixed assets | 1,241 | 3,900 137 |
||
| Insurance | claims | 14,749 | |||
| 15,990 | 4,037 | ||||
| Raising funds | |||||
| 2022 | 2021 | ||||
| Investment | property costs | 3,066 | 2,535 | ||
| 3,086 | 2,535 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| 6 | |||||
| Establishment School expenses |
672,779 2,480,445 |
485,690 2,553,204 |
|||
| 3,153,224 | 3,038,894 | ||||
| Share ofsupport costs (see note 10) Share ofgovernance costs (see note 10) |
562,885 22,347 |
405,482 18,398 |
|||
| 3,738,456 | 3,462,774 | ||||
| Analysis by fund |
|||||
| Unrestricted funds Restricted funds |
3,713,632 24,824 |
||||
| 3,738,456 | |||||
| For the year ended | 31August 2021 | ||||
| Unrestricted funds Restricted funds |
3,410,680 52,094 |
||||
| 3,462,774 | |||||
| Support costs | |||||
| Support | Governance | 2022 | 2021 | ||
| costs | costs | ||||
| 6 | |||||
| Depreciation Salaries Staff training Sundry Telephone Office costs Motor expenses Computer expenses Payroll Professional fees Bank charges Audit fees Accountancy |
99,632 299,895 4,874 31,035 9,997 17,299 27,800 3,153 68,185 1,015 |
3,327 13,560 5,460 |
99,632 299,895 8,201 31,035 9,997 17,299 27,800 3,153 68,185 1,015 13,560 5,460 |
65,347 190,230 888 1,563 17,093 8,435 18,296 54,089 3,324 47,395 652 12,368 4,200 |
|
| 562,885 | 22,347 | 585,232 | 423,880 |
| The average monthly numb |
er ofem |
ploye | es during the |
year was: | ||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Number | Number | |||||
| School | 59 | 57 | ||||
| Establishment | 12 | 10 | ||||
| Administration | 6 | 6 | ||||
| 77 | 73 | |||||
| Employment costs |
2022f | 2021 6 |
||||
| Wages and salaries Social security costs Other pension costs Benefits in kind - healthcare Change in present value for pension |
obligation | 2,365,999 221,640 201,433 22,076 (123,554) |
2,231,915 203,475 217,313 27,965 16,595 |
|||
| 2,687,594 | 2,697,263 | |||||
| The number of employees |
whose annual | remuneration | was 660,000 or more | |||
| were: | ||||||
| 2022 | 2021 | |||||
| Number | Number | |||||
| 660,000 - 669,999 | 1 | 1 | ||||
| 680,000 - 689,999 | 1 | |||||
| 690,000 - 699,999 |
| Total | Unrestricted |
|---|---|
| funds | |
| 2022 | 2021 |
| 'Z | 6 |
| 92,718 |
| 2022 'Z |
2021 6 |
|||||||
|---|---|---|---|---|---|---|---|---|
| Revaluation | of investment | properties | 92,718 | |||||
| Tangible fixed assets | ||||||||
| Freehold land |
Plant and | Fixtures and | Motor | Total | ||||
| and buildings | equipmentf | fittings 6 |
vehicles 6 |
|||||
| Cost | ||||||||
| At 1 September 2021 Additions |
4, 138,842 591,587 |
262,561 12,305 |
371,991 39,266 |
28,679 20,998 |
4,802,073 664,156 |
|||
| At 31August | 2022 | 4,730,429 | 274,866 | 411,257 | 49,677 | 5,466,229 | ||
| Depreciation | and impairment | |||||||
| At 1 September 2021 Depreciation charged |
in the year | 2,219,682 63,310 |
224,922 11,692 |
320,970 23,580 |
28,679 1,050 |
2,794,253 99,632 |
||
| At 31August | 2022 | 2,282,992 | 236,614 | 344,550 | 29,729 | 2,893,885 | ||
| Carrying amount |
||||||||
| At 31August | 2022 | 2,447,437 | 38,252 | 66,707 | 19,948 | 2,572,344 | ||
| At 31August | 2021 | 1,919,160 | 37,639 | 51,021 | 2,007,820 | |||
| Investment | property | |||||||
| 2022 | ||||||||
| Fair value | ||||||||
| At 1 September 2021 | and 31August | 2022 | 750,000 |
| 16 | Debtors | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Amounts falling |
due | within one year: | 6 | 6 | ||
| School fees receivable | 642,084 | 988,134 | ||||
| Prepayments and |
accrued income | 51,934 | 58,312 | |||
| e94,ote | 1,o46,446 | |||||
| 17 | Creditors: amounts | falling due within one year | ||||
| 2022 | 2021 | |||||
| Payments received on account Trade creditors |
1,327,785 386,020 |
1,343,423 172,453 |
||||
| Other creditors | 47,684 | 13,120 | ||||
| Accruals and deferred | income | 78,986 | 18,840 | |||
| 1,840,475 | 1,547,836 | |||||
| 18 | Creditors: amounts | falling due after more than one year | ||||
| 2022 | 2021 | |||||
| K | ||||||
| Future liabilities 26) |
in respect offormer staff obligations | (see note | 70,794 | 201,629 |
| Fees in advance | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Fees in advance relate |
to the school fees invoiced | in respect | ofthe | Autumn | term, but which are | due only on | |||
| the start ofthe next academic year from | 1 September, | and represent | income | for the following autumn |
term: | ||||
| 2022 | 2021 | ||||||||
| 6 | |||||||||
| Fees in advance at 1 September 2021 Recognised as income in 2021-22 year |
1,343,423 (1,343,423) |
1,027,196 (1,027,196) |
|||||||
| Fees invoiced prior to 2022-23 |
31 August 2022, | and carried | forward | to | 1,327,785 | 1,343,423 | |||
| Fees in advance at 31 | August 2022 | 1,327,785 | 1,343,423 |
| 21 | Analysis ofnet assets | between funds | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted funds |
Total | Unrestricted | Restricted funds |
Total | ||
| Fund balances at 31 | 2022 f |
2022f | 2022 f |
2021 f |
2021 f |
2021 f |
|
| August 2022 are | |||||||
| represented by: |
|||||||
| Tangible assets Investment properties Current assets/(liabilities) Long term liabilities |
2,572,344 750,000 2,221,087 (70,794) |
28,669 | 2,572,344 750,000 2,249,756 (70,794) |
2,007,820 750,000 2,363,154 (201,629) |
12,609 | 2,007,820 750,000 2,375,763 (201,629) |
|
| 5,472,637 | 28,669 | 5,501,306 | 4,919,345 | 12,609 | 4,931,954 |