2023-08-31-accounts

Trustees		S G Deans
		CSJohns
		N M S G 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
		9StJohns 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	8-10
Statement	offinancial	activities
Balance sheet			12
Statement	of cash flows		13
Notes to	the financial	statements	14-30

		Unrestricted	Restricted	Total Unrestricted	Total Unrestricted	Restricted	Total
		funds	funds		funds	funds
	Notes	2023 f	2023	2023 f	2022	2022f	2022 'Z
Income and endowments	from:
Donations and legacies		1,184	11,066	12,250	10,493	26,490	36,983
Charitable activities		4,234,473	31,722	4,266,195	4,228,230	14,394	4,242,624
Other trading activities					(1,770)		(1,770)
Investments		24,971		24,971	17,067		17,067
Other income		(596)		(596)	15,990		15,990
Total income		4,260,032	42,788	4,302,820	4,270,010	40,884	4,310,894
~E* Cht
Raising funds					3,086		3,086
Charitable activities	9	4,003,457	18,522	4,021,979	3,713,632	24,824	3,738,456
Total resources
expended		4,003,457	18,522	4,021,979	3,716,718	24,824	3,741,542
Net income for the year/
Net movement in funds		256,575	24,266	280,841	553,292	16,060	569,352
Fund balances at 1
September 2022		5,472,637	28,669	5,501,306	4,919,345	12,609	4,931,954
Fund balances at 31
August 2023	22	5,729,212	52,935	5,782, 147	5,472,637	28,669	5,501,306

						2023		2022
					Notes	F
Fixed assets
Tangible assets					14		4,211,572		2,572,344
Investment	property				15				750,000
							4,211,572		3,322,344
Current assets
Debtors					16	245,018		694,018
Cash at bank and		in	hand			2,882,891		3,396,213
						3,127,909		4,090,231
Creditors:	amounts		falling due within		17
one year						1,505,874		1,840,475
Net current	assets						1,622,035		2,249,756
Total assets less		current		liabilities			5,833,607		5,572,100
Creditors:	amounts		falling	due after
more than	one year				18		(51,460)		(70,794)
Net assets							5,782,147		5,501,306
The funds	ofthe	charity
Restricted	income	funds			20		52,935		28,669
Unrestricted	funds						5,729,212		5,472,637
							5,782,147		5,501,306

			2023		2022
		Notes				8
Cash flows from operating activities Cash generated from operations		27		477,354		1,166,149
Investing activities Purchase oftangible fixed assets		14	(1,020,607)		(664,156)
Proceeds on disposal oftangible fixed assets Interest received			4,960 24,971		1,502 15,565
Rent received
Net cash used in investing	activities			(990,676)		(647,089)
Net (decrease)/increase in equivalents	cash and cash			(513,322)		519,060
Cash and cash equivalents	at beginning	ofyear		3,396,213		2,877,153
Cash and cash equivalents	at end ofyear			2,882,891		3,396,213
The charity had no net debt	during the year.

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2023	2023	2023	2022	2022	2022
			6	6	6	6	6	6
Donations	and	gifts	1,184	11,066	12,250		26,490	26,490
Grants						10,493		10,493
			1,184	11,066	12,250	10,493	26,490	36,983

				Unrestricted	Unrestricted
				funds	funds
				2023	2022
					6
Letting	and	licensing	arrangements		(1,770)

		2023	2022
		6
School fees within charitable	activities	4,234,473	4,228,230
Pupil Premium		31,722	14,394
		4,266,195	4,242,624
Analysis by fund
Unrestricted funds		4,234,473
Restricted funds		31,722
		4,266,195
For the year ended 31August 2022
Unrestricted funds			4,228,230
Restricted funds			14,394
			4,242,624

		Unrestricted	Unrestricted
		funds	funds
		2023	2022
		6	F
Rental	income		15,565
Interest	receivable	24,971	1,502
		24,971	17,067

				Unrestricted	Unrestricted
				funds	funds
				2023	2022
				f	f
Net gain	on disposal oftangible		fixed assets	(817)
Miscellaneous		income		221	1,241
Insurance	claims				14,749
				(596)	15,990

			2023	2022
Investment	property	costs		3,086
				3,086

				2023	2022
				6
Establishment				737,683	672,778
School expenses				2,648,237	2,480,445
				3,385,920	3,153,223
Share of	support costs (see note 10)			591,705	526,532
Share of	governance		costs (see note 10)	44,354	58,701
				4,021,979	3,738,456
Analysis	by	fund
Unrestricted		funds		4,003,457
Restricted	funds			18,522
				4,021,979
For the year		ended	31August 2022
Unrestricted		funds			3,713,632
Restricted	funds				24,824
					3,738,456

Support cos	ts
		Support	Governance	2023	2022
		costs	costs
			6
Depreciation		125,602		125,602	99,632
Salaries		355,232		355,232	299,895
Staff training		11,980		11,980	18,186
Sundry		4,211	3,219	7,430	8,201
Telephone		6,722		6,722	31,035
Office costs		8,467		8,467	9,997
Motor expenses		16,983		16,983	17,299
Computer expenses		46,949		46,949	27,800
Payroll		4,515		4,515	3,153
Professional	fees	9,809		9,809	13,646
Bank charges		1,235		1,235	1,015
Audit fees			14,720	14,720	13,560
Accountancy			18,679	18,679	17,471
Legal and professional			7,736	7,736	24,343
		591,705	44,354	636,059	585,233

The ave	rage	monthly number ofem	ployees during the year was:
				2023	2022
				Number	Number
School				57	59
Establishment				11	12
Administration				6	6
				74	77
Employment		costs		2023	2022
				6	K
Wages	and salaries			2,435,388	2,365,999
Social security		costs		236,711	221,640
Other pension		costs		213,004	201,433
Benefits	in kind - healthcare			22,573	22,076
Change	in present value for pension		obligation	(13,377)	(123,554)
				2,894,299	2,687,594

The num were:	b	er of employees whose annual remuneratio	n was 660,000 or more
			2023	2022
			Number	Number
660,000 f70,000	- -	669,999 679,999		1
680,000	-	689,999

14	Tangible fixed assets
						Freehold land	Plant and	Fixtures and	Motor	Total
						and buildings	equipment	fittings	vehicles
						6	6	6	f
	Cost
	At 1 September 2022					4,730,429	274,866	411,257	49,677	5,466,229
	Additions					919,535		101,072		1,020,607
	Disposals					(27,975)	(43,905)	(207,305)		(279,185)
	Transfer from investment			property		750,000				750,000
	At 31 August	2023				6,371,989	230,961	305,024	49,677	6,957,651
	Depreciation	and impairment
	At 1 September 2022					2,282,992	236,614	344,550	29,729	2,893,885
	Depreciation	charged	in	the	year	78,255	9,461	33,686	4,200	125,602
	Eliminated in respect of			disposals		(27,975)	(38,969)	(206,464)		(273,408)
	At 31August	2023				2,333,272	207,106	171,772	33,929	2,746,079
	Carrying amount
	At 31August	2023				4,038,717	23,855	133,252	15,748	4,211,572
	At 31August	2022				2,447,437	38,252	66,707	19,948	2,572,344
15	Investment	property
										2023
										6
	Fair value
	At 1 September 2022									750,000
	Transfers to	owner-occupied			property					(750,000)
	At 31 August	2023

Debtors
		2023	2022
Amounts falling due within one year:		6
School fees	receivable	221,807	642,084
Prepayments	and accrued income	23,211	51,934
		245,018	694,018

Creditors: amounts	falling due within one year
		2023f	2022 8
Fees in advance (see	note 19)	1,315,503	1,327,785
Trade creditors		92,842	386,020
Other creditors		40,090	47,684
Accruals and deferred	income	57,439	78,986
		1,505,874	1,840,475

2023	2022
F	F
51,460	70,794

				2023	2022
Fees in advance at 1 September 2022				1,327,785	1,343,423
Recognised as income Fees invoiced prior to	in 2022-23 year 31 August 2023, and carried	forward	to	(1,327,785)	(1,343,423)
2023-24				1,315,503	1,327,785
Fees in advance at 31	August 2023			1,315,503	1,327,785

			At 1	Incoming	Resources	At 31August
			September	resources	expended	2023
			2022
			6
Pupil Premium			11,859	35,011	(6,761)	40,109
Vocational	building	&equipment	6,487	7,277	(5,311)	8,453
Media suite			105			105
Education	and childcare		50		(50)
Fair Fax &	Morrisons		9,128	100	(6,000)	3,228
Vaccination	funding		1,040			1,040
Coronation	grant			400	(400)
			28,669	42,788	(18,522)	52,935
Previous year:			At 1	Incoming	Resources	At 31August
			September	resources	expended	2022
			2021f
Pupil Premium			3,874	14,394	(6,409)	11,859
Vocational	building	&equipment	6,899	200	(612)	6,487
Media suite			105			105
Education	and childcare		623	16,750	(17,323)	50
Fair Fax			1,108	8,500	(480)	9,128
Vaccination	funding			1,040		1,040
			12,609	40,884	(24,824)	28,669

		At 1	Incoming	Resources	At 31August
		September	resources	expended	2023
		2022
General funds		5,472,637	4,260,032	(4,003,457)	5,729,212
Previous	year:	At 1	Incoming	Resources	At 31August
		September	resources	expended	2022
		2021
		6			f
General funds		4,919,345	4,270,010	(3,716,718)	5,472,637
Analysis	of net assets between funds
			Unrestricted	Restricted	Total
			funds	funds
			2023	2023f	2023 6
Fund balances at 31August 2023 are represented		by:
Tangible assets			4,211,572		4,211,572
Current assets			1,569,100	52,935	1,622,035
Long term	liabilities		(51,460)		(51,460)
			5,729,212	52,935	5,782,147
			Unrestricted	Restricted	Total
			funds	funds
			2022	2022	2022
			6		6
Fund balances at 31August 2022 are represented		by:
Tangible assets			2,572,344		2,572,344
Investment	properties		750,000		750,000
Current assets			2,221,087	28,669	2,249,756
Long term	liabilities		(70,794)		(70,794)
			5,472,637	28,669	5,501,306

Amounts c	ont	racted fo	r but	not p	rovided in the financial statements	:
						2023	2022
							6
Acquisition	of	property,	plant	and	equipment		480,642

	2023	2022f
Within one year	9,048	6,237
Between two and five years	9,672
	18,720	6,237

27	Cash generated from operations				2023	2022
	Surplus for the year				280,841	569,352
	Adjustments for:
	Investment income recognised in statement Loss on disposal oftangible fixed assets		offinancial	activities	(24,971) 817	(17,067)
	Depreciation and impairment oftangible	fixed assets			125,602	99,632
	Movements in working capital:
	Decrease in debtors (Decrease)/increase in creditors				449,000 (353,935)	352,428 161,804
	Cash generated from operations				477,354	1,166,149