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||||||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Note|funds|funds|2023|2022|
||||||||6|||6|
|Income from:|||||||||||
|Donations
and legacies|||||||||||
|Grants
and donations|||||||99|I 1,3 I6|11,415|23,803|
|Charitable
activities:|||||||||||
|School fees receivable||||||2|3,289,632||3,289,632|3,526,012|
|Other educational||income|||||262,431||262,431|320,988|
|Other trading
activities|||||||||||
|Trading turnover|—school||||shop||2,090||2,090|19,022|
|Rents and lettings|||||||153,743||153,743|154,618|
|Investments|||||||||||
|Investment
income|||||||26,101||26,101|1,867|
|Total income|||||||3,734,096|11,316|3,745,412|4,046,240|
|Expenditure
on:|||||||||||
|Raising funds|||||||||||
|Cost ofgoods sold||and|other costs||||1,623||1,623|5,291|
|Charitable
activities|||||||||||
|School operating|costs||||||3,919,074|12,043|3,931,117|3,794,470|
|Total expenditure||||||3|3,920,697|12,043|3,932,740|3,799,761|
|Net income||||||4|(186,601)|(727)|(187,328)|246,479|
|Movement
in funds|for the|||year|||(186,601)|(727)|(187,328)|246,479|
|Balance brought
forward||as|at|I|August||1,601,333|16,592|1,617,925|1,371,446|
|Balance carried forward|||as|at 31 August|||1,414,732|15,865|1,430,597|1,617,925|
##
##
|||||Note|2023|2022|
|---|---|---|---|---|---|---|
||||||6|6|
|Fixed assets|||||||
|Tangible assets||||6|1,494,468|1,565,925|
|Investments||||18|||
||||||1,494,469|1,565,926|
|Current assets|||||||
|Stocks|||||9,771|18,884|
|Debtors|||||152,609|183,845|
|Cash|||||856,610|1,157,614|
||||||1,018,990|1,360,343|
|Creditors: amounts||falling due within one year|||876,852|1,034,017|
|Net current assets|||||142,138|326,326|
|Total assets less current|||liabilities||1,636,607|1,892,252|
|Creditors: amounts||falling due after more than one year|||206,010|274,327|
|Net assets|||||1,430,597|1,617,925|
|Represented|by:||||||
|Unrestricted
funds|||||1,414,732|1,601,333|
|Restricted
funds||||12|15,865|16,592|
|Total funds|||||1,430,597|1,617,925|
##
##
##
|||||2023|2023|2022|2022|
|---|---|---|---|---|---|---|---|
|||||6|6||6|
|Cash flows from operating|activities:|||||||
|Cash inflow from operations|||||(130,400)||478,182|
|Interest
paid||||(9,866)||(3,678)||
||||||(9,866)||(3,678)|
|Net cash inflow from operations|||||(140,266)||474,504|
|Cash flows from investing|activities|||||||
|Interest received||||26,101||1,867||
|Payments for tangible
fixed assets
Loss on disposal of fixed assets||||( I33,974)
12,098||(174,005)||
|Net cash provided
for investing
activities|||||(95,775)||(172,138)|
|Cash flows from financing|activities|||||||
|Bank loan repayments||||(64,963)||(55,396)||
||||||(64,963)||(55,396)|
|Increase
in cash and cash|equivalents||in the year||(301,004)||245,970|
|Cash and cash equivalents
at|beginning|of|period||1,157,614||910,644|
|Cash and cash equivalents|at end of||period||856,610||1,157,614|
|Reconciliation ofnet incoming resources to net cash||||provided
by|operating
activities|||
|||||2023|2023|2022|2022|
||||||6|6||
|Net income /(Expenditure)|||||(187,328)||246,479|
|Adjustments:||||||||
|Investment
income||||(26,101)||(1,867)||
|Financing costs||||9,866||3,678||
|Depreciation||||193,334||197,311||
|(Increase)/decrease
in stock||||9,113||19,534||
|(Increase)/decrease
in debtors||||31,235||(48,739)||
|Increase/(decrease)
in creditors||||(160,519)||61,786||
||||||56,928||231,703|
|Net cash inflow from operations|||||(130,400)||478,182|
##
##
|||At 01.09.22|Cash flow|At 31.08.23|
|---|---|---|---|---|
|||f|f|f|
|Net cash|||||
|Cash at bank||I 157614|~301 004|856610|
|||I 157614|~30 I 004|856610|
|Debt|||||
|Debts falling due within|I year|(61,8 1 3)|(6,227)|(55,586)|
|Debts falling due after|I year|~274 327|58737|~215590|
|||336 140|64964|271 177|
|||21 474|2
41|585 43|
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|4|Net incoming resources|Net incoming resources|2023|2022|
|---|---|---|---|---|
|||||E|
||These are stated after charging:||||
||Auditors'
remuneration|(audit services)|8,860|7,255|
||Depreciation
of tangible|fixed assets|193,334|197,311|
||Bank and loan interest||15,436|9,821|
||Hire ofmotor vehicles||17,944|17,417|
||Hire of plant and equipment||11,883|16,188|
|5|Staff costs||2023|2022|
||||E|E|
||Wages and salaries||2,151,800|2,123,293|
||National
insurance||212,139|215,347|
||Pension costs||268,824|264,152|
||Total||2,632,763|2,602,792|
|Aggregate
employee
benefits of key management
per|sonnel
amounted
to E354,715 (2022: E320,020).||
|---|---|---|
|Staff numbers|2023|2022|
|Teaching|44|Sl|
|Support|10|9|
|Welfare|I|2|
|Premises|8||
|Catering|7|5|
||70|78|
|E60,001|-|E70,000|
|---|---|---|
|E70,001|—E80,000||
|E90,001|-|E I00,000|
|E I
I0,001||—E I
I0,000|
##
|||Freehold|Plant and|Motor||
|---|---|---|---|---|---|
|||property|equipment|Vehicles|Total|
||||E|E|E|
|Cost||||||
|At
I September|2022|2,744,669|2,126,768|64,948|4,936,385|
|Additions|||133,974||133,974|
|Disposals|||(31,081)||(31,081)|
|At 31 August|2023|2,744,669|2,229,661|64,948|5,039,278|
|Depreciation||||||
|At
I September|2022|1,646,440|1,672,264|51,756|3,370,460|
|Provided
during|the year|83,615|105,761|3,957|193,333|
|Disposals|||(18,983)||(18,983)|
|At 31 August|2023|1,730,055|1,759,042|55,713|3,544,810|
|Net book value||||||
|At 31 August|2023|1,014,614|470,619|9,235|1,494,468|
|At 31 August 2022||1,098,229|454,504|13,192|1,565,925|
|Debtors||2023|2022|
|---|---|---|---|
|||E|E|
|Trade debtors||49,489|64,193|
|Prepayments|and accrued income|103,120|119,652|
|||152,609|183,845|
##
|8|Creditors:|amounts|falling due within|one year||2023|2022|
|---|---|---|---|---|---|---|---|
||Bank loan|||||65,166|61,813|
||Trade creditors|||||41,591|128,748|
||Taxation
and|social security||||85,399|80,849|
||Other creditors|||||819|39,209|
||Feesin advance|||||480,949|512,153|
||Confirmation|fees||||95,027|135,977|
||Accruals
and|deferred|income|||107,901|75,268|
|||||||876,852|1,034,017|
||The bank loan|is secured|by a legal charge over the freehold||property ofthe company.|||
|9|Creditors:|amounts|falling due after|more than one year||2023|2022|
||||||||6|
||Bank loan|||||206,010|274,327|
|||||||Bank loan|Bank loan|
|||||||2023|2022|
||In
I year or less, or on||demand|||65,166|61,813|
||In more than|I year but|less than 2 years|||66,645|63,208|
||In more than|2 years but less than 5 years||||139,365|179,179|
||In more than|5 years|||||31,940|
|||||||206,010|274,327|
##
|10|Financial|Instruments|||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||||6|6|
||Financial|Assets|||||||
||Financial|assets that are debt|instruments|measured|at amortised|cost|906,099|1,221,807|
||Financial|Liabilities|||||||
||Financial|liabilities
measured|at amortised|cost|||313,586|504,097|
|I I|Unrestricted|Unrestricted|Unrestricted|and|designated|funds||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Balance at||Net movement||Balance at|
||||||||I September|Transfer|in Resources:||31 August|
||||||||2022||incoming|Outgoing|2023|
||||||||6|||||
||General|Fund||- unrestricted|||1,601,333||3,734,096|(3,920,697)|1,414,732|
||||||||Balance at||Net movement||Balance at|
||||||||I August||in Resources:||31 August|
||||||||2021|Transfer|Incoming|Outgoing|2022|
||||||||6|6||||
||General|Fund||—unrestricted|||1,359,629||4,033,791|(3,792,087)|1,601,333|
|12|Restricted||funds|||||||||
||||||||Balance at||Net movement||Balance at|
||||||||I September|Transfer|in Resources:||31 August|
||||||||2022||Incoming|Outgoing|2023|
||||||||6|||||
||Old Westhillians'
Association|||||Fund|7,656||136|(536)|7,256|
||Friends|of|West Hill Park Fund||||8936||9,330|(11,507)|6,759|
||Charity|Collections|||Fund||||1,850||1,850|
||Donations||Fund|||||||||
||||||||16,592||11,316|(12,043)|15,865|
##
|||||||Balance at||Net movement|Net movement|Balance at|
|---|---|---|---|---|---|---|---|---|---|---|
||||||I|September|Transfer|in Resources:||31 August|
|||||||2021||Incoming|Outgoing|2022|
||||||||||6|6|
|Old Westhillians'||Association||Fund||5,941||2,455|(740)|7,656|
|Friends ofWest Hill|||Park Fund|||3,664||9,030|(3,758)|8,936|
|Charity Collections|||Fund|||233||964|( I,197)||
|Donations|Fund|||||1,979|||(1,979)||
|||||||11,817||12,449|(7,674)|16,592|
|Analysis ofnet assets between|||||funds||||||
|||||||||Unrestricted|Restricted||
|||||||||funds|funds|Total|
|||||||||6||6|
|31 August|2023||||||||||
|Fixed assets||||||||1,494,469||1,494,469|
|Net current|liabilities|||||||135,853|15,865|151,719|
|Long term|habilities|||||||(215,590)||(215,590)|
|||||||||1,414,732|15,865|1,430,597|
|31 August|2022||||||||||
|Fixed assets||||||||1,565,926||1,565,926|
|Net current|assets|||||||309,734|16,592|326,326|
|Long term liabilities||||||||(274,327)||(274,327)|
|||||||||1,601,333|16,592|1,617,925|
##
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##
|19|Deferred||income|||2023|2022|
|---|---|---|---|---|---|---|---|
||||||||6|
||Balance at||I September|||170|6,454|
||Amounts|released||to incoming|resources|(170)|(6,454)|
||Amounts|deferred||in the year||41,138|170|
|||||||41,138|170|