This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.
2022-08-31-accounts
|
|
|
Page |
| Reference and Administrative |
|
Details ofthe Charity, its Trustees and Advisers |
|
| Trustees' Report |
|
|
2-5 |
Independent
Auditors' |
Report |
on the Financial Statements |
6-9 |
Consolidated
Statement of Financial Activities |
|
|
10 |
Consolidated
Balance |
Sheet |
|
|
| Charity Balance Sheet |
|
|
12 |
| Notes tothe Financial |
Statements |
|
13-23 |
| Trustees |
|
|
I R Flack |
|
|
|
|
|
D Eyton-Williams, |
|
Chair |
|
|
|
J J Leydon |
|
|
|
|
|
AWhiteley |
|
|
| Company |
registered |
|
|
|
|
| number |
|
|
00856842 |
|
|
| Charity registered |
|
|
|
|
|
| number |
|
|
307530 |
|
|
| Registered |
|
office |
58-60Shakespeare |
|
Road |
|
|
|
Bedford |
|
|
|
|
|
MK40 2DL |
|
|
| Company |
secretary |
|
I R Flack |
|
|
| Independent |
|
auditors |
Streets Audit LLP |
|
|
|
|
|
Chartered |
Accountants |
|
|
|
|
Registered |
Auditors |
|
|
|
|
Potton House |
|
|
|
|
|
Wyboston |
Lakes |
|
|
|
|
Great North Road |
|
|
|
|
|
Wyboston |
|
|
|
|
|
Bedford |
|
|
|
|
|
MK44 3BZ |
|
|
| Bankers |
|
|
HSBC pic |
|
|
|
|
|
12Allhallows |
|
|
|
|
|
Bedford |
|
|
|
|
|
Bedford shire |
|
|
|
|
|
MK40 1LJ |
|
|
|
|
|
|
|
|
As restated |
|
|
|
|
Unrestricted |
Total |
Total |
|
|
|
|
funds |
funds |
funds |
|
|
|
Note |
2022 |
2022f |
2021 |
| Income from: |
|
|
|
|
|
|
Donations
and legacies |
|
|
|
|
|
83,426 |
Charitable
activities |
|
|
|
400,000 |
400,000 |
3,895,733 |
| Other trading activities |
|
|
|
(6,264) |
(6,264) |
15,571 |
| investments |
|
|
|
|
|
218 |
| Other income |
|
|
|
1,650 |
1,650 |
71,468 |
| Total income |
|
|
|
395,386 |
395,386 |
4,066,416 |
Expenditure
on: |
|
|
|
|
|
|
| Raising funds |
|
|
|
|
|
22,195 |
Charitable
activities |
|
|
|
233,563 |
233,563 |
3,842,639 |
| Total expenditure |
|
|
|
233,563 |
233,563 |
3,864,834 |
Net movement
in funds |
|
|
|
161,823 |
161,823 |
201,582 |
Reconciliation
offunds: |
|
|
|
|
|
|
| Total funds brought |
forward as previously |
stated |
|
7,771,896 |
7,771,896 |
8,419,150 |
| Prior year adjustment |
|
|
16 |
848,836 |
848,836 |
|
| Total funds brought |
forward as restated |
|
|
8,620,732 |
8,620,732 |
8,419,150 |
Net movement
in funds |
|
|
|
161,823 |
161,823 |
201,582 |
| Total funds carried |
forward |
|
17 |
8,782,555 |
8,782,555 |
8,620,732 |
|
|
|
|
|
|
As restated |
|
|
|
|
2022 |
|
2021 |
|
|
Note |
|
|
|
|
| Fixed assets |
|
|
|
|
|
|
| Tangible assets |
|
|
|
6,605,483 |
|
6,677,322 |
| Current assets |
|
|
|
|
|
|
| Debtors |
|
14 |
4,998 |
|
|
|
| Cash at bank and in hand |
|
|
2,200,389 |
|
2,270,049 |
|
|
|
|
2,205,387 |
|
2,270,049 |
|
| Creditors: amounts |
falling due within one |
|
|
|
|
|
| year |
|
|
(28,315) |
|
(326,639) |
|
| Net current assets |
|
|
|
2,177,072 |
|
1,943,410 |
| Total assets less current liabilities |
|
|
|
8,782,555 |
|
8,620,732 |
| Total net assets |
|
|
|
8,782,555 |
|
8,620,732 |
| Charity funds |
|
|
|
|
|
|
| Restricted funds |
|
17 |
|
|
|
|
Unrestricted
funds |
|
17 |
|
8,782,555 |
|
8,620,732 |
| Total funds |
|
|
|
8,782,555 |
|
8,620,732 |
|
|
|
|
|
|
As restated |
|
|
|
|
2022 |
|
2021 |
|
|
Note |
|
|
|
|
| Fixed assets |
|
|
|
|
|
|
| Tangible assets |
|
13 |
|
8,912,765 |
|
9,160,597 |
| Current assets |
|
|
|
|
|
|
| Debtors |
|
14 |
4,998 |
|
|
|
| Cash at bank and in hand |
|
|
2,200,389 |
|
2,270,049 |
|
|
|
|
2,205,387 |
|
2,270,049 |
|
| Creditors: amounts |
falling due within one |
|
|
|
|
|
| year |
|
15 |
(28,315) |
|
(326,639) |
|
| Net current assets |
|
|
|
2,177,072 |
|
1,943,410 |
| Total assets less current liabilities |
|
|
|
11,089,837 |
|
11,104,007 |
| Total net assets |
|
|
|
11,089,837 |
|
11,104,007 |
| Charityfunds |
|
|
|
|
|
|
| Restricted funds |
|
17 |
|
|
|
|
Unrestricted
funds |
|
17 |
|
11,089,837 |
|
11,104,007 |
| Total funds |
|
|
|
11,089,837 |
|
11,104,007 |
|
|
|
|
|
|
|
Unrestricted |
Total |
Totai |
|
|
|
|
|
|
|
funds |
funds |
funds |
|
|
|
|
|
|
|
2022 |
2022 |
2021 |
|
|
|
|
|
|
|
E |
|
E |
| Donations |
|
|
|
|
|
|
|
|
43,510 |
| Government |
grants |
- |
Coronavirus |
Job |
Retention |
Scheme |
|
|
39,916 |
|
|
|
|
|
|
|
|
|
83,426 |
|
|
|
Unrestricted |
Total |
Totai |
|
|
|
funds |
funds |
funds |
|
|
|
2022 |
2022 |
2021 |
|
|
|
|
E |
|
| Rental income |
|
|
400,000 |
400,000 |
100,000 |
| Operation |
of Rushmoor |
School |
|
|
3,795,733 |
|
|
|
400,000 |
400,000 |
3,895,733 |
|
|
|
|
Unrestricted |
Total |
Total |
|
|
|
|
funds |
funds |
funds |
|
|
|
|
2022
E |
2022f |
2021 |
|
Rushmoor |
School Shop income |
|
(6,264) |
(6,264) |
15,571 |
| 6. |
Investment |
income |
|
|
|
|
|
|
|
|
Unrestricted |
Total |
Total |
|
|
|
|
funds |
funds |
funds |
|
|
|
|
2022 |
2022 |
2021 |
|
Interest received |
|
|
|
|
218 |
| 7. |
Other incoming |
|
resources |
|
|
|
|
|
|
|
Unrestricted |
Total |
Total |
|
|
|
|
funds |
funds |
funds |
|
|
|
|
2022 |
2022 |
2021 |
|
|
|
|
E |
E |
E |
|
Profit or loss on disposal offixed assets |
|
|
|
|
67,417 |
|
Access to |
land |
|
1,650 |
1,650 |
|
|
Other income |
|
|
|
|
4,051 |
|
|
|
|
1,650 |
1,650 |
71,468 |
|
|
|
Unrestricted |
|
|
|
|
|
funds |
Total |
Total |
|
|
|
2022 |
2022 |
2021 |
|
|
|
E |
|
|
| School Development |
|
|
97,919 |
97,919 |
|
| Operation |
of Rushmoor |
School |
135,644 |
135,644 |
3,842,639 |
|
|
|
233,563 |
233,563 |
3,842,639 |
|
|
|
|
|
Activities |
|
|
|
|
|
|
|
|
undertaken |
Support |
Total |
Total |
|
|
|
|
|
directly |
costs |
funds |
funds |
|
|
|
|
|
2022 |
2022f |
2022 |
2021 |
| School Development |
|
|
|
|
|
97,919 |
97,919 |
|
| Operation |
of |
Rushmoor |
School |
|
|
135,644 |
135,644 |
3,842,639 |
|
|
|
|
|
|
233,563 |
233,563 |
3,842,639 |
| Total 2021 |
|
|
|
|
2,457,278 |
1,385,361 |
3,842,639 |
|
| Auditors' |
remuneration |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2022 |
2021 |
| Fees payable |
|
to the Charity's |
|
auditor |
for the audit ofthe Charity's |
annual |
|
|
| accounts |
|
|
|
|
|
|
8,000 |
15,750 |
| Fees payable |
|
to the Charity's |
|
auditor |
in respect of: |
|
|
|
| All non-audit |
|
services not included above |
|
|
|
|
|
9,250 |
| Staffcosts |
|
|
|
|
|
|
|
|
|
|
|
Group |
Group |
Charity |
Charity |
|
|
|
|
2022 |
2021 |
2022 |
2021 |
| Wages and |
salaries |
|
|
|
2,093,061 |
|
1,242,575 |
| Social security costs |
|
|
|
|
190,007 |
|
135,766 |
| Contribution |
to defined |
contribution |
pension |
|
|
|
|
| schemes |
|
|
|
|
342,726 |
|
259,762 |
|
|
|
|
|
2,625,794 |
|
1,638,103 |
|
Group |
Group |
Charity |
Charity |
|
2022 |
2021 |
2022 |
2021 |
|
No. |
No. |
No. |
No. |
| Teaching |
|
53 |
|
41 |
| Classroom assistants |
|
32 |
|
9 |
| Domestic |
|
6 |
|
3 |
| Maintenance |
|
6 |
|
2 |
| Administrative |
|
7 |
|
5 |
|
|
104 |
|
60 |
| 13. |
Tangible fixed assets |
|
|
|
Group |
|
|
|
|
|
Freehold |
|
|
|
property |
|
Cost or valuation |
|
|
|
At 1 September 2021 |
|
8,532,931 |
|
Additions |
|
63,805 |
|
At 31 August 2022 |
|
8,596,736 |
|
Depreciation |
|
|
|
At 1 September 2021 (as previously |
stated) |
1,006,773 |
|
Prior Year Adjustment |
|
848,836 |
|
At 1 September 2021 (as restated) |
|
1,855,609 |
|
Charge for the year |
|
135,644 |
|
At 31August 2022 |
|
1,991,253 |
|
Net book value |
|
|
|
At 31August 2022 |
|
6,605,483 |
|
At 31August 2021 (as restated) |
|
6,677,322 |
|
Charity |
|
|
|
|
|
Freehold |
|
|
|
property |
|
|
|
E |
|
Cost or valuation |
|
|
|
At 1 September 2021 |
|
11,016,206 |
|
Additions |
|
63,805 |
|
At 31August 2022 |
|
11,080,011 |
| Charity (continued) |
|
|
|
|
Freehold |
|
|
propertyf |
| Depreciation |
|
|
| At 1 September 2021 (as previously |
stated) |
1,006,773 |
| Prior Year Adjustment |
|
848,836 |
| At 1 September 2021 (as restated) |
|
1,855,609 |
| Charge for the year |
|
311,637 |
| At 31 August 2022 |
|
2,167,246 |
| Net book value |
|
|
| At 31August 2022 |
|
8,912,765 |
| At31August 2021 (as restated) |
|
9,160,597 |
|
|
Group |
Group |
Charity |
Charity |
|
|
2022 |
2021 |
2022 |
2021 |
|
|
K |
|
|
|
| Trade creditors |
|
6,120 |
172,568 |
6,120 |
172,568 |
| Other creditors |
|
5,195 |
154,071 |
5,195 |
154,071 |
| Accruals and deferred |
income |
17,000 |
|
17,000 |
|
|
|
28,315 |
326,639 |
28,315 |
326,639 |
|
|
|
|
|
|
As restated |
|
|
Balance at |
|
|
|
Balance at |
|
|
1 September |
|
|
Transfers |
31August |
|
|
2020 |
Income |
Expenditure |
in/out |
2021 |
| Unrestricted |
funds |
|
|
|
|
|
| General Funds |
|
5,114,814 |
4,066,416 |
(6,235,041) |
(1,002,779) |
1,943,410 |
| Fixed asset |
reserve |
5,787,611 |
|
(113,068) |
1,002,779 |
6,677,322 |
|
|
10,902,425 |
4,066,416 |
(6,348,109) |
|
8,620,732 |
| Summary offunds - current y |
ear |
|
|
|
|
|
As restated |
|
|
|
|
|
Balance at 1 |
|
|
|
Balance at |
|
September |
|
|
Transfers |
31August |
|
2021 |
Income |
Expenditure |
in/out |
2022 |
|
|
|
E |
|
|
| General funds |
8,620,732 |
395,386 |
(233,563) |
|
8,782,555 |
| Summary offunds - prior year |
|
|
|
|
|
|
|
|
|
|
As restated |
|
Balance at |
|
|
|
Balance at |
|
1 September |
|
|
Transfers |
31August |
|
2020 |
Income |
Expendituref |
in/out |
2021 |
| General funds |
10,902,425 |
4,066,416 |
(6,348,109) |
|
8,620,732 |
| Analysis |
of n |
et asse |
ts |
between funds - current ye |
ar |
|
|
|
|
|
|
Unrestricted |
Total |
|
|
|
|
|
funds |
funds |
|
|
|
|
|
2022 |
2022 |
|
|
|
|
|
E |
|
| Tangible |
fixed |
assets |
|
|
6,605,483 |
6,605,483 |
| Current |
assets |
|
|
|
2,205,387 |
2,205,387 |
| Creditors |
due |
within |
one |
year |
(28,315) |
(28,315) |
| Total |
|
|
|
|
8,782,555 |
8,782,555 |
| Analysis of net assets between funds - prior year |
|
|
|
As restated |
As restated |
|
Unrestricted |
Total |
|
funds |
funds |
|
2021 |
2021 |
| Tangible fixed assets |
6,677,322 |
6,677,322 |
| Current assets |
2,270,049 |
2,270,049 |
| Creditors due within one year |
(326,639) |
(326,639) |
|
8,620,732 |
8,620,732 |