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|Trustees and Governing|Body|Douglas Moody-Stuart
BA (Hons) (Chairman)
(Resigned 9July 2022) "
David
King (Deputy Chairman)
(Resigned 9July 2022) '
Martina
Asmar (Appointed
Chairman
from 9July 2022) '"|Douglas Moody-Stuart
BA (Hons) (Chairman)
(Resigned 9July 2022) "
David
King (Deputy Chairman)
(Resigned 9July 2022) '
Martina
Asmar (Appointed
Chairman
from 9July 2022) '"|Douglas Moody-Stuart
BA (Hons) (Chairman)
(Resigned 9July 2022) "
David
King (Deputy Chairman)
(Resigned 9July 2022) '
Martina
Asmar (Appointed
Chairman
from 9July 2022) '"|Douglas Moody-Stuart
BA (Hons) (Chairman)
(Resigned 9July 2022) "
David
King (Deputy Chairman)
(Resigned 9July 2022) '
Martina
Asmar (Appointed
Chairman
from 9July 2022) '"|Douglas Moody-Stuart
BA (Hons) (Chairman)
(Resigned 9July 2022) "
David
King (Deputy Chairman)
(Resigned 9July 2022) '
Martina
Asmar (Appointed
Chairman
from 9July 2022) '"|
|---|---|---|---|---|---|---|
|||David Armitage
1
Sarah Wickens (Appointed
Niall Hamilton '|Deputy Chairman|||from 9July 2022)"|
|||'|||||
|||Caroline
Bonnor-Moris
Sarah Kerr-Dineen '
Charlotte
Johnston '|||||
|||Patrick Hinton
(Appointed|25 November||2022)||
|||"Member of Finance &General Purposes
' Member of Marketing
Sub-committee
' Member of Succession
Panel
' Member of Education
Sub-committee|||Sub-committee||
|Headmaster||Ben Evans BA (Hons). PGCE.|||||
|Company secretary||Emma
Harris|||||
|School bursar||Emma
Harris|||||
|Website||www. windlesham.
corn|||||
|Auditor||Kreston Reeves LLP|||||
|||Springfield
House|||||
|||Springfield
Road|||||
|||Horsham|||||
|||West Sussex RH12 2RG|||||
|Registered office||Windlesham
House School|||||
|||Washington|||||
|||West Sussex|||||
|||RH20 4AY|||||
##
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|Bankers|||Barclays Bank Pic|Barclays Bank Pic||
|---|---|---|---|---|---|
||||Barclays Corporate||Banking|
||||90/92 High Street|||
||||Crawley|||
||||RH10 1BP|||
||||Knights Solicitors||LLP|
||||Midland
House, West Way|||
||||Oxford|||
||||OX2 OPH|||
|Insurance|brokers and actuaries||Marsh
Brokers Limited|||
||||Capital House|||
||||1-5 Perrymount|Road||
||||Haywards
Heath|||
||||RH16 3SY|||
|Registered|company|number|00747222|||
|Registered|charity number||307046|||
##
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|Report ofthe|Trustees||
|---|---|---|
|Independent|Auditor's|report|
|Statement of|financial|activities|
|Balance sheet|||
|Cash flow statement|||
|Notes tothe financial||statements|
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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||Notes|funds|funds|2022|2021|
|||||E|E|E||
|INCOME FROM:||||||||
|Donations
and legacies||||29,382||29,382|194780|
|Charitable
activities:||||||||
|School fees||||6,845,415||6,845,415|5340928|
|Other educational|income|||15,288||15,288|18735|
|Other ancillary activities||||388,636||388,636|209686|
|Other trading
activities||||49,350||49,350|38957|
|Investment
income:||||||||
|Bank interest receivable||||3,923||3,923|665|
|||||7331994||7332994|$883757|
|EXPENDITURE ON:||||||||
|Raising funds:||||||||
|Development
and|fundraising|costs|||||5836|
|Financing costs||||143,716||143,716|99597|
|Charitable
activities:||||||||
|School operating
costs||||7,420,065||7,420,065|6853864|
|Other||||194||194|781|
|||||7563975||7563975|6888878|
|Net income||||(231,981)||(231,981)|f'1,156327$|
|Net movement
in|funds|||(231,981)||(231,981)|I'1,156327)|
|Reconciliation
of|funds:|||||||
|Total funds brought|forward|||7537936|20436|7555422|8774749|
|Total funds carried|forward||19|7305955|20466|7326442|7558477|
##
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|BALANCE SHEET|BALANCE SHEET|BALANCE SHEET|BALANCE SHEET||||||
|---|---|---|---|---|---|---|---|---|
|AS AT 31AUGUST 2022||||||REGISTERED|NUMBER:|00747222|
|||||Notes||2022||2021|
|||||||f|||
|Fixed assets|||||||||
|Tangible assets||||12||12,940,527||13,511,617|
|Fixed asset|investments|||13||1|||
|||||||12,940,528||13511,618|
|Current assets|||||||||
|Debtors||||1at|440,025||350106||
|Cash at bank and||in hand|||1 455264||842582||
||||||1,925,289||1,192608||
|Creditors:|amounts||fading due within one year|15|~6522 525||1362625||
|Net current assets||||||5002036||170017|
|Total assets less current liabilities||||||7,938,492||13341,601|
|Creditors:|amounts||falling due after more than||||||
|one year||||16||(6125051)||(5/83 179)|
|||||||7,326,441||7,558422|
|The funds|ofthe charity||||||||
|Unrestricted|funds|||19||7,305,955||7,537,936|
|Restricted|funds|||19||20,486||20486|
|||||||7,326,441||7,558422|
##
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||||Notes|2022|2021|
|---|---|---|---|---|---|
|||||E||
|Net cash inflow from operating||activities||120182010|(199,894)|
|Cash flows from investing|activities||21|(225,384)|(172,787)|
|Cash flows from financing|activities||21|(149,864)|(32,735)|
|Net (decrease) / increase|in cash and cash equivalents|||642,762|(405416)|
|Cash and cash equivalents|at 1|September||842,502|1,247,918|
|Cash and cash equivalents|at31August|||1488 164|B42502|
|Reconciliation
ofnet incoming
net cash inflow from operating||resources to
activities||2022
f|2021|
|Operating
(deficit)/surplus||||(231,981)|(1,156327)|
|Interest received||||(3,923)|(665)|
|Interest
paid||||144,690|87,800|
|Depreciation
charges||||800,193|852,171|
|Decrease/(Increase)
in debtors||||(89,919)|(65255)|
|Increase
in creditors||||398,950|82,379|
|Net cash inflow from operating||activities||1018010|199897|
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|2|Net income|for the|year|year||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||||||6|E|
||This is stated|after charging/(crediting):||||||||
||Depreciation|ofowned||fixed|assets|||800,193|852171|
||Auditor's
remuneration|||||||11888|12000|
|3|Donations|and legacies||||Unrestricted|Restricted|Total|Tora/|
|||||||funds
6|fundsf|2022
6|2021|
||Donations|||||29,382||29,382|44173|
||Government|Grants|||||||150607|
|||||||29382||29382|194780|
|4|Income from|||||Unrestricted|Restricted|Total|Total|
||charitable|activities||||funds|fundsf|2022
6|2021|
||Schoolfees|||||||||
||Standard
fees|||||7,530,762||7,530,762|576'6,039|
||Extras and other tuition|||fees||340,476||340,476|270,159|
||Less: bursaries,
grants|||and|allowances|(180258823)||(1,025,823)|(695270)|
|||||||6845 415||6845415|5340928|
||Other educational||income|||||||
||Registration|fees||||13,788||13,788|14235|
||Windlesham|House Association||||1,500||1,500|4500|
|||||||15288||1~ 288|18735|
||Other ancillary activities|||||||||
||Pupil disbursements|||||326,898||326,898|175861|
||Maiden
Family Theatre|||||||||
||Educational|and charitable|||lettings|61,738||61,738|33825|
|||||||366636||388636|209 6'86|
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|5|Other|trading|activities|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||fundsf|fundsf|2022
f.|2021|
||Utilities|recharged||22,846||22,846|28196|
||Other|income||26,504||26,504|10761|
|||||49350||49350|38957|
||||||49350|49350|||4|9350|38957|
|---|---|---|---|---|---|---|---|---|---|---|---|
||All income from|other trading|activities||in the current and prior year||was attributable|to|unrestricted|funds.||
|6|Development|and fundraising||costs||Unrestricted|Restricted|||Total|Total|
|||||||funds
6|fundsf|||2022
f.|2021|
||Staff costs||||||||||5064|
||Other costs||||||||||772|
||||||||||||5836|
||All expenditure|on development||and fundraising||costs in the current|and prior year was||attributable|to unrestricted|funds.|
|7|Financing costs|||||Unrestricted|Restricted|||Total|Total|
|||||||fundsf|fundsf|||2022
f.|2021|
||Bad debts
Interest payable
Interest
payable|on bank loans and overdrafts
on all other loans||||(974)
144,173
517|||(974)
144,173
517||11,797
86123
1,677|
|||||||143 716|||143716||99597|
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|Unrestricted
funds||||||
|---|---|---|---|---|---|
||Staff
COStS|Other
COStS|Depreciation|2022f|2021
E|
|Teaching|2,985,593|145,448|106,010|3,237,051|3041,242|
|Welfare|326,325|575,776|55,723|957,824|834,848|
|Premises|470,970|647,997|S94,958|1,713,925|17657824r|
|Pupil disbursement||297532||297 532|171814|
||357828888|156665753|7568691|652068332|5705833|
|Support costs||||||
|Other support costs for||||||
|schooling|5375318|6328913|43,502|1,213,733|1,148031|
||4 320206|2299666|500 293|7420065|88538&1|
||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|2022|2021|
||||6|6|6||
|Staff costs|||12,000||12,000|12,000|
|Other costs|||12,299||12,299|11,858|
|Auditor's|remuneration;||||||
|Audit|fees||11,880||11,880|12,000|
|Non-audit||fees|1,500||1,500||
||||37679||37679|35858|
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|9|Staff|costs||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||||||f||
||Wages|and salaries|||||335873267||3363719|
||Social|security costs|||||315,764||356763|
||Other|pension costs|||||342,318||364917|
||Death|in service insurance||||||12912|37766|
||||||||4,258,261||4,097,659|
||Other|staff costs||||||61,945|51,046|
||||||||4,320,206||471487705|
||During|the year 2021/22 there were no restructuring|||payment|(2020/21: 1 restructuring|payments|ofE5,000).||
||Number of employees||whose remuneration|exceeded|E60,000|for the year:||2022|2021|
|||||||||No.|Iyo.|
||E120,001 - E130,000|||||||||
||E110,001 - E120,000|||||||||
||E70,001 - E80,000|||||||||
||Average number ofmonthly|Average number ofmonthly|employees|employees|during the year:|||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
||Teaching|||||82|81|
||Other|||||61|57|
|||||||143|138|
|10|Remuneration|of key management||personnel||||
|||||||2022|2021|
|||||||f||
||Wages and salaries|||||475,634|481,323|
||Social security|costs||||58,077|56694|
||Other pension|costs||||100099|37336|
|||||||094410|635347|
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|13|Fixed asset investments|Fixed asset investments||||||||Shares in|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||subsidiaries|
|||||||||||f|
||As at 1September 2021||||||||||
||As at 31August 2022||||||||||
||The Charity
owns the|entire share capital of Windlesham|||Community|Facilities Limited||(Company|Number:|10878580),a|
||dormant
company
incorporated||in England|&Wales on|21july 2017.The turnover||for|the year was anil and profit for the year|||
||was Enik The aggregate
amount||of capital|and reserves|at the year|end was EI.|||||
|14|Debtors||||||||2022|2021|
||||||||||f|E|
||School fees||||||||233,736|154,761|
||Other debtors||||||||81||
||Prepayments||||||||206 200|395345|
||||||||||440,025|350,106|
|15|Creditors: amounts|falling due within||one year|||||2022|2021|
||||||||||6||
||Pupil deposits||||||||121,856|54282|
||Bank loan|||||||5,541,319|||
||Fees in advance||||||||831,960|880,706|
||Taxes and social security costs||||||||85,366|79278|
||Trade and other creditors||||||||190,822|219964|
||Accruals||||||||143,930|111,149|
||Finance lease||||||||12072|17246|
|||||||||699275325||1362625|
||Included
in fees in advance:||||||||||
||Deferred income:||||||||||
||Deferred
income at|1September 2021||||||||880,706|
||Resources deferred
during
the year
Amounts
released
from previous year|||||||||831,960
~000 706|
||Deferred
income at|31August|2022|||||||021060|
##
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|16|Creditors: amounts|falling due after one|year|2022f|2021|
|---|---|---|---|---|---|
||Pupil deposits|||612,051|241,860|
||Bank loan||||5541,319|
|||||612051|5793179|
||Leases|||||
||Finance leases - lessee|||||
||Finance leases relate to the purchase of a tractor.|||||
||Total future
minimum|finance lease payments|are as follows:|||
|||||2022|2021|
||||||3r|
||Not later than one year|||12072|47746|
|||||12072|17246'|
|17|Capital Commitments|||||
||At the balance sheet date there are no commitments.|||||
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|19|Fund Reconciliation|Fund Reconciliation|As at|||As at|
|---|---|---|---|---|---|---|
||||1September|||31August|
||||2021
f|Income
f|Expenditure
f|2022
f|
||Unrestricted
funds||||||
||General
Fund||7,537,936|7,331,994|(7,563,975)|7,305,955|
||Restricted
Funds||||||
||Windlesham|Foundation:|||||
||Bursary Fund||19,009|||19,009|
||Hardship|Fund|1477|||1,477|
||||20,486|||20,486|
||Totalfunds||7,558,422|7,331,994|(77563975)|77326441|
##
|20|Analysis ofnet assets between|funds -current year|funds -current year|Unrestricted
fundsf|Restricted
fundsf|2022f|
|---|---|---|---|---|---|---|
||Fund balances at 31August 2022 are represented||by:||||
||Fixed assets|||12,940,528||12,940,528|
||Current assets|||1,904,803|20,486|1,925,289|
||Current
liabilities
Non-current
liabilities|||(6,927,325)
~612051||(6,927,325)
~612051|
|||||7,305,955|20,486|7,326,441|
||Analysis ofnet assets between|funds - prior|year|Unrestricted|Restricted||
|||||funds|funds|2021|
||Fund balances at 31August 2021|are represented|by:||||
||Fixed assets|||13,511,618||13,511,618|
||Current assets|||1,172,122|20,486|1,192,608|
||Current
liabilities
Non-current
liabilities|||(1,362,625)
~5783 179||(1,362,625)
~5783179|
|||||7537936|20486|7558422|
##
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|FO|R THE YEAR ENDED 31|AUGUST 2022|||||
|---|---|---|---|---|---|---|
|21|Gross cash flows||||2022f|2021|
||Cash flows from financing|activities|||||
||Additional
borrowings|||||43819|
||Interest paid||||(144,690)|(87,800)|
||Finance lease repayments||||(5,174)|(9449)|
||Finance lease borrowing|||||20695|
||||||(149,864)|(32,735)|
||Cash flows from investing|activities|||||
||Purchase oftangible
fixed assets||||(229,307)|(173,452)|
||Disposals of fixed assets||||||
||Interest received||||3923|665|
||||||(225,384)|(172,787)|
|22|Analysis ofchanges
in net|debt|||||
||||At 1Sept||Other non-|At31Aug|
||||2021|Cash flows|cash changes|2022|
||Cash and cash equivalents||||||
||Cash||842 5D2|&12762||1485 264|
||||842,502|642,762||1,485,264|
||Borrowings||||||
||Loan due within one year||||(5,541,319)|(5,541,319)|
||Loan due after one year
Finance Lease due within one|year|(5,541,319)
~17246|5 174|5,541,319|~12072|
||||(5,558,565)|5,174||(5,553,391)|
||Total||~4726 063|647936||~4060 127|
||Reconciliation
ofnet cash|flow to movement|in net debt||||
|||||||2022|
||Increase in cash in the period|||||642,762|
||Finance lease repayments|||||5 174|
||Change in net debt
Net debt at 1Sept 2021|||||647,936
~4716D63|
||Net debt at31Aug 2022|||||4068127|
##
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|23|Obligations|under operating|leases|leases||||||
|---|---|---|---|---|---|---|---|---|---|
||Total future|minimum
lease payments||under|non-cancellable|operating|leases are as follows:|||
|||||||||2022|2021|
|||||||||E||
||Operating
leases which expire:|||||||||
||within
one|year||||||114,971|11b,776|
||within two|to five years||||||100370|255'277|
|||||||||110341|355053|
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