2022-07-31-accounts - Hamilton Lodge (Brighton)

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		Page
Trustees' report		1-9
Statement ofTrustees'	responsibilities	10
Independent auditor's	report
Statement offinancial	activities
Balance sheet		16
Statement ofcash flows		17
Notes to the financial	statements

Destination					2018-2019	2019-2020	2020-2021	2021-2022
					0,	3	0',
UiiiIieiis'egjlft'E;,		—
Local College					3
j =-.-,.'~, Fi.-wr. Eir'jj;,'L'eayej';;,	—,					0
								0
HLSC
ResIdijijtiaI. ',"&Sip'ecialIst:, Die'gf!; '..~ ..-" .			:C'ollege:	for			,5
Residential Specialist College
			'
Etgpgiyme~f~or'happ'rerj'tie'eslilp. II i ~ 'i
								0
Supported Living		Provision
Not. ',in", Edijmfiio Training ':" i,.g		j, Employment		or	0			'0
						12	12
Total Leavers

Current financial year	Current financial year
					Unrestricted	Unrestricted	Restricted	Total	Total
					funds	funds	funds
					general	designated
					2022	2022	2022	2022	2021
				Notes
Donations and	grants				3,035			3,035	77,652
School fees receivable					3,169,811			3,169,811	3,373,201
Investments					3,145			3,145	1,073
Other ancillary	trading	income			5,177			5,177	10,446
Total income					3,181,168			3,181,168	3,462,372
Raising funds					2,932			2,932	4,816
Charitable activities				8	3,188,115	7,000		3,195,115	3,280,392
Total expenditure					3,191,047	7,000		3,198,047	3,285,208
Net (expenditure)/income			for the	year/
Net movement	In funds				(9,879)	(7,000)		(16,879)	177,164
Fund balances	at 1August		2021		5,247,932	630,000	4,092	5,882,024	5,704,860
Fund balances	at 31July		2022		5,238,053	623,000	4,092	5,865,145	5,882,024

Prior financial	year
					Unrestricted	Unrestricted	Restricted	Total
					funds	funds	funds
					general	designated
					2021	2021	2021	2021
				Notes	E		E
Donations and	grants				77,652			77,652
School fees receivable					3,373,201			3,373,201
Investments					1,073			1,073
Other ancillary	trading	income			10,446			10,446
Total income					3,462,372			3,462,372
Raising funds					4,816			4,816
Charitable activities					3,273,392	7,000		3,280,392
Total expenditure					3,278,208	7,000		3,285,208
Net (expenditure)/income			for the year/
Net movement	ln funds				184,164	P,000)		177,164
Fund balances	at 1 August		2020		5,063,768	637,000	4,092	5,704,860
Fund balances	at 31	July	2021		5,247,932	630,000	4,092	5,882,024

				2022	2021
			Notes		f
Fixed assets
Tangible assets			12	3,559,630		3,617,993
Current assets
Debtors			13	331,130	473,297
Cash at bank and in	hand			2,184,489	2,032,020
				2,515,619	2,505,317
Creditors: amounts	falling due within
one year			14	(210,104)	(241,286)
Net current assets				2,305,515		2,264,031
Total assets less current liabilities				5,865,145		5,882,024
income funds
Restricted funds			17	4,092		4,092
Unrestricted funds -	designated		18	623,000		630,000
Unrestricted funds -	general			5,238,053		5,247,932
				5,865,145		5,882,024
The tinanctal statements		were approved	by the Trustees	l9 lu on ...vr..l......!..LL

					2022		2021
				Notes	f		f
Cash flows from operating			activities
Cash generated		from operations		21		235,334		166,550
Investing	activities
Purchase	oftangible fixed assets				(86,010)		(94,429)
Investment	income received				3,145		1,073
Net cash	used	in investing	activities			(82,865)		(93,356)
Net cash	used	in financing	activities
Net increase in		cash and cash equivalents				152,469		73,194
Cash and	cash	equivalents	at beginning	ofyear		2,032,020		1,958,826
Cash and	cash	equivalents	at end of	year		2,184,489		2,032,020

Freehold	land is not depreciated
Freehold	buildings	2% &10%straight		line
Leasehold	property	over the remaining		term ofthe lease
Leasehold	property improvements	2% straight line
Furniture	&Equipment	10%straight line
Fixtures, fittings &equipment		331/3% straight	line
Motor vehides		20% straight line

Schoo	l fee	s receivable
			Gross fees	Gross fees
			charged	charged
			2022	2021
			E
Gross	fees	charged	3,169,811	3,373,201

		Unrestricted	Unrestricted
		funds	funds
		general	general
		2022	2021
Rental	income	2,605	1,049
Interest	receivable	540	24
		3,145	1,073

Unrestricted	Unrestricted
funds	funds
general	general
2022	2021f
5,177	10,446

Unrestricted	Unrestricted
funds	funds
general	general
2022	2021
2,932	4,816
2,932	4,816

			Teaching	Welfare	Premises	Support	Total	Total
			costs	costs	costs	costs	2022	2021
			2022	2022	2022	2022
Staff costs			1,377,327	575,097	65,473	269,695	2,287,592	2,384,553
Depreciation	and
impairment			57,555	345	86,473		144,373	139,182
Other costs			40,254	239,510	257,422	205,684	742,870	738,038
			1,475,136	814,952	409,368	475,379	3,174,835	3,261,773
Share ofsupport costs (see
note 9)						1,113	1,113	991
Share ofgovernance (see note 9)		costs				19,167	19,167	17,628
			1,475,136	814,952	409,368	495,659	3,195,115	3,280,392
Analysis by	fund
Unrestricted	funds-
general			1,475,136	814,952	402,368	495,659	3,188,115	3,273,392
Unrestricted	funds-
designated					7,000		7,000	7,000
			1,475,136	814,952	409,368	495,659	3,195,115	3,280,392

					Teaching	Welfare	Premises	Support	Total
					costsf	costs	costs E	costs	2021
	Staffcosts				1,426,665	627,123	61,839	268,926	2,384,553
	Depreciation	and impairment			50,368	345	88,469	-	139,182
	Other costs				29,613	239,535	264,243	204,647	738,038
					1,506,646	867,003	414,551	473,573	3,261,773
	Share ofsupport costs (see note 9)							991	991
	Share ofgovernance		costs (see note	9)				17,628	17,628
					1,506,646	867,003	414,551	492,192	3,280,392
	Analysis by	fund
	Unrestricted	funds -	general		1,506,646	867,003	407,551	492,192	3,273,392
	Unrestricted	funds -	designated				7,000		7,000
					1,506,646	867,003	414,551	492,192	3,280,392
9	Support costs
			Support		Governance	2022	Support	Governance	2021
			costs		costs		costs	costs
				E				E
	Bank charges		1,113			1,113	991		991
	Audit fees				17,162	17,162		17,070	17,070
	Governance	costs			2,005	2,005		558	558
			1,113		19,167	20,280	991	17,628	18,619
	Analysed between
	Charitable activities		1,113		19,167	20,280	991	17,628	18,619

The average		monthly number ofemployees during the	year was:
			2022	2021
			Number	Number
Teaching and		learning	51	52
Residential	care		19	22
Administration			7	7
Maintenance		and cleaning	8	11
Total			85	92
Employment		costs	2022	2021
Wages and	salaries		1,915,488	2,001,948
Social security costs			181,626	183,294
Other pension		costs	190,478	199,311
			2,287,592	2,384,553

llows:
2022	2021
Number	Number

Tangible	fixed assets
			Freehold Land	Leasehold	Furniture &Motor vehicles		Total
			&Buildings	Land &	Equipment
				Buildings
			E	E	E	E
Cost
At 1 August 2021			3,755,301	991,811	329,754	84,606	5,161,472
Additions					86,010		86,010
Disposals					(75,004)	(1,754)	(76,758)
At 31 July	2022		3,755,301	991,811	340,760	82,852	5,170,724
Depreciation and impairment
At 1August 2021			1,157,398	121,758	190,433	73,890	1,543,479
Depreciation charged		in the year	71,845	12,294	57,555	2,679	144,373
Eliminated	in respect ofdisposals				(75,004)	(1,754)	(76,758)
At 31 July	2022		1,229,243	134,052	172,984	74,815	1,611,094
Carrying	amount
At 31 July	2022		2,526,058	857,759	167,776	8,037	3,559,630
At 31 July	2021		2,597,903	870,053	139,321	10,716	3,617,993
The carrying value ofland and buildings			comprises:
						2022	2021
						E	E
Freehold						2,526,058	2,597,903
Long leasehold						623,000	630,000
Short leasehold						234,759	240,053
						3,383,817	3,467,956

Debtors
		2022	2021
Amounts falling due within one year:		E	E
Trade debtors		258,534	416,738
Other debtors		6,817	1,989
Prepayments	and accrued income	65,779	54,570
		331,130	473,297

Creditors: amounts	f	alling	due within one year
						2022	2021
					Notes
Other taxation and	social security					56,021	51,565
Deferred income						28,456
Trade creditors						61,694	110,649
Other creditors						23,499	28,198
Accruals and deferred		income				40,434	50,874
						210,104	241,286
Deferred income
						2022	2021
Other deferred income						28,456
Deferred income is	included		in the financial statements	as follows:
						2022	2021
Deferred income is	induded		within:
Current liabilities						28,456
Movements in the year:
Deferred income at	1August		2021
Resources deferred	in	the year				28,456
Deferred income at	31	July 2022				28,456

		Movement		Movement
		funds		funds
	Balance at	Incoming	Balance at	Incoming	Balance at
	1August 2020	Resources	1August 2021	Resources	31July 2022
	E
Pedal to the Pebbles Bike Ride	3,840		3,840		3,840
J Simister	252		252		252
	4,092		4,092		4,092

				Balance at	Resources	Balance at	Resources	Balance at
			1	August 2020	expended	1August 2021	expended	31July 2022
				E	F			E
34	Walpole	Road		637,000	(7,000)	630,000	(7,000)	623,000
				637,000	(7,000)	630,000	(7,000)	623,000

Analysis of net assets between funds
		Unrestricted	Designated	Restricted	Total	Unrestricted	Designated	Restricted	Total
		funds	funds	funds		funds	funds	funds
		2022	2022	2022	2022	2021	2021	2021	2021
					R			E
Fund balances at 31 July 2022 are represented	by:
Tangible assets		2,936,630	623,000		3,559,630	2,987,993	630,000		3,617,993
Current assets/(liabilities)		2,301,423		4,092	2,305,515	2,259,939		4,092	2,264,031
		5,238,053	623,000	4,092	5,865,145	5,247,932	630,000	4,092	5,882,024

		2022	2021
Aggregate	compensation	385,016	381,601

	each year to ensure th	at it continues to repre	at it continues to repre	at it continues to repre	sent fair value and i	s in line with market rates.	s in line with market rates.	s in line with market rates.
	T Kent, son ofS Kent,	a trustee is employed			as a teacher by the	School. The appointment was made			in open
	competition and SKent		was not involved	in	the decision-making	process regarding	his appointment.	T Kent is
	paid within the normal	pay scale for his		role	and receives no special treatment as a result of his relationship to
	atrustee.
21	Cash generated from		operations				2022		2021
									f.
	(Deficit)/surpus for the	year					(16,879)		177,164
	Adjustments for.
	Investment income recognised in statement				offinancial activities		(3,145)		(1,073)
	Depreciation and impairment oftangible			fixed assets			144,373		139,182
	Movements in working		capital:
	Decrease/(increase) in		debtors				142,167		(220,341)
	(Decrease)/increase in		creditors				(59,638)		105,908
	Increase/(decrease) in		deferred income				28,456		(34,290)
	Cash generated from		operations				235,334		166,550
22	Analysis ofchanges	In net funds
	The charitable company		had no debt during		the year.