##
##
|||||Page|
|---|---|---|---|---|
|Governors'|report||||
|Independent|auditor's|report on the|financial statements|20|
|Consolidated|statement|offinancial|activities|23|
|Consolidated|balance|sheet||24|
|Charity balance sheet||||25|
|Consolidated|statement|ofcash flows||26|
|Notes to the|financial statements|||27|
##
##
|GOVERNORS:|GOVERNORS:|Mr J Bolton (1,2,3,5)|(Chairman)|||
|---|---|---|---|---|---|
|||Mrs G EPage (1,3,4,5)|(Vice-Chair)|||
|||Mrs A G Burgess (2)||Resigned|01/09/22|
|||Mr G Carter (1,4)
MrJ N James (2)||Appointed|30/06/22|
|||||Resigned|03/10/22|
|||MrJSLaslett (1,3,4)||||
|||Mr N J Lawn (4)||Appointed|24/06/22|
|||Mr N G Marchant (1,5)||||
|||Mrs M Millin (1)||||
|||DrJ Neden (2)
MrJ H Tapp (1,4)||Resigned|19/11/21|
|||Mr T LTownsend||||
|||MrS Pullen (2)||||
|Governor|Subwommlttee|Membership
Key:||||
|1|Member|ofthe Finance Committee|ofthe Finance Committee|||
|---|---|---|---|---|---|
|2|Member|ofthe Education|and Welfare Committee|||
|3|Member|ofthe Governance,
Compliance
and Risk Management|||Committee|
|4|Member|ofthe Estates Committee||||
|5|Member|ofthe Marketing,|Admissions
and Development|Committee||
|EXECUTIVE|||Head ofCollege:
Governors:||Head ofJunior School:|
||||Mr BG Durrant||Mrs E Rowe|
||||Bursar 5 Clerk to the|||
||||Mr J A Connelly|||
|ADDRESSES|||Senior School:||Junior School:|
||||St Lawrence College||St Lawrence College Junior School|
||||College Road||College Road|
||||RAMSGATE||RAMSGATE|
||||Kent
CT11 7AE||Kent
CT11 7AF|
|Website:|||www. slcuk.corn|||
|Company||Registration|||Charity Number:|
|Number:|||00037622||307921|
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||||Unrestricted|Restricted|Total|Total funds|
|---|---|---|---|---|---|---|
||||funds|funds|funds||
|||Note|2022
f|2022f|2022f|2021f|
|Income:|||||||
|Donations
and gifts|||11,541|35,920|47,461|204,734|
|Charitable
activities|||10,738,560||10,738,560|8,133,175|
|Commercial
trading|activities||144,335||144,335|53,830|
|Investment
income|||37,398||37,398|28,693|
||||10,931,834|35,920|10,967,754|8,420,432|
|Other income||18|6,062,522||6,062,522||
|Total income|||16,994,356|35,020|17,030270|0420432|
|Expenditure:|||||||
|Commercial
trading|activities||58,306||58,306|19,014|
|Charitable
activities|||11,161,193||11,161,193|10,025,133|
|Total expenditure|||11,219,499||11,219,499|10,044,147|
|Corporation
tax payable||14|(895)||(895)||
|Net income/(expenditure)|||5,773,962|35,920|5,809,882|(1,623,715)|
|before other gains|and||||||
|losses|||||||
|Net gain on investments||16,17|90,250||90,250|34,550|
|Net income/(expenditure)|||5,864,212|35,920|5,900,132|(1,589,165)|
|forthe year before|transfers||||||
|Transfers
between|funds|26|31,424|(31,424)|||
|Net movement
in funds for|||5,895,636|4,496|5,900,132|(1,589,165)|
|the year|||||||
|Reconciliation
offunds:||26|||||
|Total funds at 1 September 2021|||9,980,269|223,079|10,203,348|11,792,513|
|Total funds at 31 August 2022|||15,875,905|227,575|16,103,480|10,203,348|
##
##
|Company
number: 00037822||||||
|---|---|---|---|---|---|
||Note|2022|2022|2021f|2021
6|
|FIXEDASSETS|15|||||
|Tangible assets|16||19,070,059||18,705,459|
|Investment
property|17||670,000||565,000|
|Investments|||15,125||29,875|
||||19,755,184||19,300,334|
|CURRENT ASSETS||||||
|Asset held for sale|18|||263,368||
|Stocks|19|127,537||112,013||
|Debtors|20|6,338,016||484,225||
|Cash at bank and in hand||1,231,250||403,248||
|||7,696,803||1,262,854||
|CREDITORS: amounts|21|||||
|falling due within one year||1 305,832||511,844||
|NET CURRENT ASSETS|||6,390,971||751,010|
|TOTAL ASSETSLESSCURRENT|||26,146,155||20,051,344|
|LIABILITIES||||||
|CREDITORS: amounts
falling|22||(8,352,770)||(7,876,938)|
|due after more than one year||||||
|DEFERRED INCOME|24||(1,689,905)||(1,971,058)|
|NET ASSETS|||16,103,480||10,203,348|
|FUNDS OF THE GROUP||||||
|Restricted funds|||227,575||223,079|
|Unrestricted
funds:||||||
|Share capital|25|170||170||
|Unrestricted
income funds||15,875,735||9,980,099||
|Total unrestricted
funds|||15,875,905||9,980,269|
|TOTAL GROUP FUNDS|26||16,103,480||10,203,348|
##
##
|Company
number: 00037822||||||
|---|---|---|---|---|---|
||Note|2022|2022|2021|2021|
|||6|6|6|6|
|FIXEDASSETS|15|||||
|Tangible assets|16||19,070,059||18,705,459|
|Investment
property
Investments|17||670,000
15225||565,000
29975|
||||19,755,284||19,300,434|
|CURRENT ASSETS||||||
|Asset held for sale|18|||263,368||
|Stocks|19|126,545||112,013||
|Debtors|20|6,433,536||577,480||
|Cash at bank and
in hand||1 122398||303622||
|||7,682,479||1,256,483||
|CREDITORS: amounts|21|||||
|falling due within one year||1,305259||511,664||
|NET CURRENT ASSETS|||6 377,220||744,819|
|TOTAL ASSETS LESSCURRENT|||26,132,504||20,045,253|
|LIABILITIES||||||
|CREDITORS: amounts
falling|22||(8,352,770)||(7,876,938)|
|due after more than one year||||||
|DEFERRED INCOME|24||(1,689,905)||(1,971,058)|
|NET ASSETS|||16,089,829||10,197,257|
|FUNDS OF THE CHARITY||||||
|Restricted funds|||227,575||223,079|
|Unrestricted
funds:||||||
|Share capital|25|170||170||
|Unrestricted
income funds||15,862,084||9,974,008||
|Total unrestricted
funds|||15,862,254||9,974,178|
|TOTAL CHARITY FUNDS|26||16089029||10 197207|
##
##
||||||Note|2022|2021|
|---|---|---|---|---|---|---|---|
|||||||6||
|Net cash provided
by operating
activities|||||31|1,487,439|152,214|
|Cash flows from Investing||activities||||37,401|28,693|
|Purchase oftangible
fixed|assets|||||(1,292,264)|(128,462)|
|Asset for resale||||||(6,712)|(56,156)|
|Cash (used in)/provided|by|investing|activities|||~3201,575|155,925|
|Cash flows from financing||activities||||||
|Cash inflows from net borrowing||||||649,541|107,050|
|Repayments
of borrowing||||||(47,403)|(25,788)|
|Cash provided
by financing||activities||||602,138|81,262|
|Change
in cash and cash|equivalents
in||the|year||828,002|77,551|
|Cash and cash equivalents|at the beginning|||ofthe year||403,248|325,697|
|Cash and cash equivalents||at the end|of|the year|(a)|1,231,200|403 245|
|(a) Analysis ofchanges|in|net debt||||||
|||At|1|Cash|New|Other non-|At 31|
|||September
2021||flows|finance
leases|cash
changes|August
2022|
||||6||8||6|
|Cash at bank and in||||||||
|hand||403,248||448,461|379,541||1,231,250|
|Debt:||||||||
|Loans falling due within||||||||
|one year||||||||
|Loans falling due aRer||(7,100,000)||(270,000)|||(7,370,000)|
|more than one year||||||||
|Finance lease obligation||(54,030)||47,403|(379,541)||(386,168)|
|Net debt|~7,154,030|||@2222,597|~879541,||7,756,168|
##
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|ts, less their estimated
resid
bases:|ual
value, over their|expected useful l|
|---|---|---|
|Buildings||-50years|
|Groundworks
Iimprovements
Water based Astro|to property|-25years
-15years|
|Roads and sports surfaces
Computer
equipment
Other equipment||-10years
-4years
-7years|
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|||||Unrestricted|Unrestricted|Unrestricted|Restricted|Restricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||2022|||2022||2022|2021|
|||||||6|||6|6|6|
|Coronavirus|Job|Retention|Scheme||||||||157,180|
|Donations|and gifts||||11,541||35,920|||47,461|47,554|
||||||11,541||35,920|||47,461|204,734|
|In 2021,f38,362ofdonations||||and gifts|income was attributable||||to restricted
funds with the|||
|remaining|69,192to unrestricted
funds.|||||||||||
|FEES||||||||||||
|(a)
The|school's fees income comprised:|||||||||||
|Fees receivable||during the|year are in respect|||ofthe Autumn||2021, Lent 2022 and Summer 2022||||
|terms, net|ofscholarships||and|bursaries.||||||||
|||||||||||2022|2021|
|||||||||||6||
|Gross fees||||||||||12,289,999|10,078,131|
|Optional
extras||||||||||166,853|126,839|
|Scholarships||||||||||(737,870)|(804,481)|
|Bursaries||||||||||(1,631,385)|(1,554,025)|
|Net fees||||||||||10,087,597|7,846,464|
|Fees receivable||analysed|by|geographical||location:||||||
|||||||||||2022|2021|
|||||||||||8||
|United
Kingdom||and Europe||||||||8,054,220|6,355,609|
|Rest ofthe World||||||||||2,033,377|1,490,855|
|Total||||||||||10,087,597|7,846,464|
##
##
##
##
|(b)|Grants,|awards|and|prizes|paid|for|by|unrestricted|funds|numbered:||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2022f|2021|
|Scholarships||||||||||263|227|
|Bursa|ries|||||||||289|232|
|Total||||||||||552|459|
##
##
|CHARITABLE INCOME|||
|---|---|---|
||2022f|2021f|
|Income from school fees (note 5)
Income from lets connected to education|10,087,597
496,167|7,846,464
130,613|
|Other charitable services|154,796|156,098|
||13738 583|8.133.175|
##
|2022f|2021f|
|---|---|
|144,335|53,830|
|INVESTMENT INCOME|||
|---|---|---|
||2022f|2021f|
|Rents receivable|35,377|24,045|
|Interest receivable|2,021|4,648|
||37,398|28,693|
|STAFF COSTS|||
|---|---|---|
||2022f|2021f|
|Wages and salaries
Social secudty costs|5,824,409
541,612|5.524,867
501,137|
|Other pension costs|636,848|664,248|
||7002869|6690,252|
##
##
|The average
monthly|number ofemployees|number ofemployees|during the year was as follows:|||
|---|---|---|---|---|---|
||||Head|count|Head count|
|||||2022|2021|
|||||No.|No.|
|Teaching and support:|Full time|||66|70|
|Teaching and support:|Part time|||61|63|
|Non-teaching:
Full time||||43|46|
|Non-teaching:
Part time||||77|71|
|||||247|250|
|The number of higher|paid employees|was:||||
|||||2022|2021|
|||||No.|No.|
|In the band f60,001 -|f70,000|||1|1|
|In the band F70,001 -|f80,000|||2|2|
|In the band f110,001|- f120,000|||2|2|
##
##
##
##
|||Staffcosts|Depreciation|Other costs|Total|Total|
|---|---|---|---|---|---|---|
|||2022|2022|2022|2022|2021|
|||||8|||
|Charitable|activities||||||
|Teaching costs
Welfare costs||4,479,696
842,587||581,669
516,028|5,061,365
1,358,615|4,847,043
1,092,346|
|Premises||698,731|924,496|1,030,302|2,653,529|2,527,272|
|Support costs
Educational
lets||885,208
64,968||1,073,788
63,720|1,958,996
128,688|1,497,208
61,264|
|||6,971,190|924,496|3265,507|11,161,193|10,025,133|
|Trading activities|||||||
|St. Lawrence|||||||
|College|||||||
|Enterprises
Limited||31679||26627|60 306|19014|
|Total|||||||
|expenditure||7,002,869|924,496|3,292,134|11,219,499|10,044,147|
||This is stated after charg|ing:|||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||Depreciation
oftangible|fixed assets: owned assets|||858,196|890,250|
||Depreciation
oftangible
Auditor's
remuneration:|fixed assets: acquired
audit||under finance lease|42,432
11,220|31,587
10,680|
||Auditor's
remuneration:|non-audit|services||858|2,223|
||Operating
lease rentals:|equipment|||55,314|61899|
|13|INTEREST PAYABLE||||||
||||||2022|2021|
||||||8||
||Bank loan interest||||177,392|127,866|
||Hire purchase
interest||||3,572|4,545|
||||||180,964|132,411|
|14|CORPORATION
TAX||||||
||||||2022|2021|
||||||6||
||Corporation
taxaable|—re:previ|ousyear||895||
##
##
|Group|Freehold
land,
buildings,|Assets under
construction|Equipment|Total|
|---|---|---|---|---|
||sports||||
||surfaces and||||
||roads||||
|||R||R|
|Cost|||||
|At 1 September 2021|26,734,524|135,993|4,306,840|31,177,357|
|Additions|142,406|671,868|477,990|1,292,264|
|Dispose Is|(33,057)||(31,624)|(64,681)|
|At 31August 2022|26,843,873|807,861|4,753,206|32,404,940|
|Depreciation|||||
|At 1 September 2021|8,505,687||3,966,211|12,471,898|
|Charge for the year:
owned assets|730,388||127,808|858,196|
|acquired
by hire purchase|||42,432|42,432|
|Disposals|(7,152)||(30,493)|(37,645)|
|At 31August 2022|9,228,923||4,105,958|13,334,881|
|Net Book Value|||||
|At 31 August 2022|17,614,950|807,861|647,248|19,070,059|
|At 31August 2021|18,228,837|135,993|340,629|18,705,459|
##
##
|15|TANGIBLE FIXEDASSETS|(continued)|||||
|---|---|---|---|---|---|---|
||Charity|Freehold land,
buildings,||Assets under
construction|Equlpmant|Total|
|||sports|||||
|||surfaces and|||||
|||roads|||||
|||6|||||
||Cost||||||
||At 1 September 2021|26,734,524||135,993|4,247,293|31,117,810|
||Additions|142,406||671,868|477,990|1,292,264|
||Disposals|(33,057)|||(31,624)|(64,681)|
||At 31August 2022|26,843,873||807,861|4,693,659|32,345,393|
||Depreciation||||||
||At 1 September 2021|8,505,687|||3,906,664|12,412,351|
||Charge for the year:
owned assets|730,388|||127,808|858,196|
||acquired
by hire purchase||||42,432|42,432|
||Disposals|(7,152)|||(30,493)|(37,645)|
||At 31August 2022|9,228,923|||4,046,411|13,275,334|
||Net BookValue||||||
||At 31 August 2022|17614950 ,|,|807 801|647 248|19,070,050|
||At 31 August 2021|18,228,837||135993|340,629|18705,459|
##
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##
|||||||||||||Listed|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Group||||||||||investmentsf||
||Market value||||||||||||
||At 1 September 2021|||||||||||29,875|
||Loss on revaluation|||||||||||(14,750)|
||At 31August|2022||||||||||15,125|
|||||||||Listed|Unlisted|||Total|
||||||||investments||investments||||
||Charity|||||||6||6|||
||Market value||||||||||||
||At 1 September 2021|||||||29,875||100||29,975|
||Loss on revaluation|||||||(14,750)||||(14,750)|
||At 31August|2022||||||15,125||100||15,225|
||Unlisted
investments||comprises 100%ofthe issued|||||share capital, conferring||100%ofthe voting|||
||rights, ofSt.|Lawrence|College Enterprises|||Limited.|||||||
|18|ASSET HELD FOR SALE||||||||||||
||||||Group|||Group|Charity|||Charity|
||||||2022|||2021||2022||2021|
|||||||8||6||6||6|
||Land held for|sale||||||263,368||||263,368|
||Contracts were exchanged||||on the sale of|land on|20 December 2021, for total consideration|||||of|
||66,417,303.|Completion||of|the sale occurred on 21|||October 2022. The net||proceeds of|||
||66,062,522, after deducting||||costs incurred|to sell,|has been recorded||in the|Statement|of Financial||
||Activities as 'other income'.||||||||||||
|19|STOCKS||||||||||||
||||||Group|||Group|Charity|||Charity|
||||||2022
6|||2021f||2022
8||2021
F|
||School shop and catering||||||||||||
||supplies||||127,537|||112,013|126,545|||112,013|
|20|DEBTORS||||||||||||
||||||Group|||Group|Charity|||Charity|
||||||2022|||2021||2022||2021|
|||||||6||5||6||5|
||Trade debtors||||272,315|||234,565|250,996|||205,143|
||Amounts
owed by group||||||||||||
||undertakings||||||||116,839|||126,421|
||Other debtors||||5,701,840|||953|5,701,840||||
||Prepayments|and accrued|||||||||||
||income||||363861|||248,707|363,861|||245,916|
||||||6338616|||484.226|6,433,536|||577,480|
##
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##
|FINANCIAL INSTR|UMENTS|||||
|---|---|---|---|---|---|
|||Group|Group|Charity|Charity|
|||2022|2021|2022|2021|
|||6|5|6||
|Financial assets measured||||||
|at fair value through|profit or|685,225|594,975|685,225|594,875|
|loss||||||
##
|Group and Charity|Group and Charity|||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||6|6|
|Fees in|advance|||1,659,384|1,910,488|
|Trip income received||in advance||30,521|60,570|
|||||1,689,905|1,971,058|
|Group and Charity||||||
|Deferred|income at|1 September|2021|1,971,058|1,245,370|
|Resources deferred||during the year||1,659,384|1,971,058|
|Amounts|released from previous||years|l1,971,058)|(1,245,370)|
|Deferred|income as|at 31 August|2022|1,659,384|1,971,058|
|SHARE CAPITAL|||
|---|---|---|
|Charity|||
||2022
6|2021f|
|Allotted, called up and fully paid:
17ordinary shares off10each|170|170|
##
##
|26
STATEMENT|OF|FUNDS||||||
|---|---|---|---|---|---|---|---|
|CURRENT YEAR||||||||
|||At 1|Income|Expenditure|Transfers|Gains I|At 31|
||September||||in I(out)|(losses)|August|
|||2021|||||2022|
|||6|||||6|
|Designated
Funds||||||||
|Investment
property||565,000||||105,000|670,000|
|The Sir Kirby Laing||||||||
|Sports Hall Fund||123,000|||(3,000)||120,000|
|The Sir Kirby Laing||||||||
|Kirby House Fund||699,140|||(20,086)||679,054|
|Prizes Fund||11,403|||||11,403|
|Buildings
and||||||||
|equipment
Fund
Development
Fund||145,000
92,563|11,541||2,392||145,000
106,496|
|Scholarship
Funds||2,445|||(85)||2,360|
|Bursary Funds||2,920|||||2,920|
|CCF Fund and||||||||
|D ofE Fund||13,975|||37||14,012|
|||1,655.446|11541||~20.742|105,000|1,751,245|
|Unrestricted||||||||
|Funds||||||||
|Generalreserve||8,324,656|16,982,810|(11,223,769)|52,168||14,135,565|
|Share capital||170|||||170|
|||8,324 826|16,002.810|~11.223.769|02,160||14,136,035|
|Total Unrestricted
Funds||9980272|16994351|~I1223769|31240|105000|15007200|
|Restricted
Funds||||||||
|Bursaries and||||||||
|Scholarship
Funds||181,107|13,291||(20,034)||174,364|
|Inspiring
Teaching
and Learning
Fund||866|||||866|
|Building and||||||||
|Equipment
Fund||31,054|22,630||(11,392)||42,292|
|Development
Fund||10,052|||||10,052|
|Total Restricted
Funds||223079|35921||~21,426||221574|
|Total Funds|10,203,351||17,030,272|(11,223,769)||105,000|16,114,854|
##
##
##
|6
STATENIENT
PRIOR YEAR|OF FUNDS (cont|inued)|||||
|---|---|---|---|---|---|---|
||At 1|Income|Expenditure|Transfers|Gains I|At 31|
||September|||in I(out)|(losses)|August|
||2020|||||2021|
||6|||||6|
|Designated
Funds|||||||
|Investment
property|527,500|||37,500||565,000|
|The Sir Kirby Laing|||||||
|Sports Hall Fund|126,000|||(3,000)||123,000|
|The Sir Kirby Laing|||||||
|Kirby House Fund|719,226|||(20,086)||699,140|
|Prizes Fund|11,403|||||11,403|
|Buildings
and|||||||
|equipment
Fund|145,000|||||145,000|
|Development
Fund|83,276|9,287||||92,563|
|Scholarship
Funds|2,520|||(75)||2,445|
|Bursary Funds|2,920|||||2,920|
|CCF Fund|9,959|||2.189||12,148|
|D ofE Fund|3,147|||(1,320)||1,827|
||1,630,951|9207||15,208||1 655446|
|Unrestricted|||||||
|Funds|||||||
|General reserve|9,892,432|8,215,603|(10,044,147)|226,218|34,550|8,324,656|
|Share capital|170|||||170|
||9092 602|8 215003|~70044147|, 226.218|34550|8324 826|
|Total Unrestricted|||||||
|Funds|11,523,553|8,224,890|~70 044,147|241,426|34,550|9,980,272|
|Restricted Funds|||||||
|Bursaries and|||||||
|Scholarship
Funds|227,793|32,304||(78,990)||181,107|
|Inspiring
Teaching
and Learning
Fund|556|310||||866|
|Building and|||||||
|Equipment
Fund|30,562|5,748||(5,256)||31,054|
|Development
Fund|10,052|||||10,052|
|Coronavirus
Job|||||||
|Retention Scheme||157,180||(157,180)|||
|Tots IRestricted|||||||
|Funds|268,963|195,542||~24 7 426||223,079|
|TotalFunds|11,792,516|8,420,432|(10,044,147)||34,550|10,203,351|
##
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##
##
##
##
##
|NALYSIS OF NET ASSETS BETWEEN|NALYSIS OF NET ASSETS BETWEEN|FUNDS|||
|---|---|---|---|---|
|Group —Current year||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2022|2022|2022|
|||6|6||
|Tangible|fixed assets|19,070,059||19,070,059|
|Investments||15,125||15,125|
|Investment
property||670,000||670,000|
|Current|assets|7,469,228|227,575|7,606,803|
|Creditors|falling due within one year|(1,305,832)||(1,305,832)|
|Creditors|falling due after more than one||||
|year||(8,352,770)||(8,352,770)|
|Deferred|income|(1,689,905)||(1,689,905)|
|||15,515555|227,575|16,103,480|
|Group —Prior year||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2021|2021|2021|
|||6|5|6|
|Tangible|fixed assets|18,705,459||18,705,459|
|Investments||29,975||29,975|
|Investment
property||565,000||565,000|
|Asset held for sale||263,368||263,368|
|Current|assets|770,036|223,079|993,115|
|Creditors|falling due within one year|(511,664)||(511,664)|
|Creditors|falling due after more than one||||
|year||(7,876,938)||(7,876,938)|
|Deferred|income|(1,971,058)||(1,971,058)|
|||9,974,178|223,079|10,197,257|
|Charity|—Current year|Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2022|2022|2022|
|||||6|
|Tangible|fixed assets|19,070,059||19,070,059|
|Investments||15,225||15,225|
|Investment
property||670,000||670,000|
|Current assets||7,454,904|227,575|7,682,479|
|Creditors|falling due within one year|(1,305,259)||(1,305,259)|
|Creditors|falling due after more than one||||
|year||(8,352,770)||(8,352,770)|
|Deferred|income|(1,689,905)||(1,689,905)|
|||15862254|227 575|16,089,829|
##
##
|27|ANALYSIS|OF NET ASSETSBETWEEN|FUNDS (continued)|||
|---|---|---|---|---|---|
||Charity-|Prior year|Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2021|2021|2021|
||||6|6|6|
||Tangible fixed assets||18,705,459||18,705,459|
||Investments||29,975||29,975|
||Investment|property|565,000||565,000|
||Asset held for sale||263,368||263,368|
||Current assets||770,036|223,079|993,115|
||Creditors|falling due within one year|(511,664)||(511,664)|
||Creditors|falling due after more than one||||
||year||(7,876,938)||(7,876,938)|
||Deferred income||(1,971,058)||(1,971,058)|
||||9,974,179|223 979|10,197,257|
##
|||Group|Group|Charity|Charity|
|---|---|---|---|---|---|
|||2022f|2021
6|2022|2021
6|
|Amounts|payable:|||||
|Within one year||23,452|37,574|23,452|37,574|
|Between|1 and 5years|19,742|40,426|19,742|40,426|
|||43,194|78,000|43,194|78,000|
##
##
##
##
##
##
|RECONCILIATION
ACTIVITIES|OF NET EXP|ENDITU|RE|TO NET CASH|FLOW FROM OPER|ATING|
|---|---|---|---|---|---|---|
|Group|||||2022f|2021
6|
|Net income/
(expenditure)
for the||year (as|per|Statement of|5,900,132|(1,589,165)|
|Financial Activities)|||||||
|Gains on investments|||||(90,250)|(34,550)|
|Proceeds from sale ofassets|||||6,335,766|4,167|
|Dividends,
interest and rents from||investments|||(37,398)|(28,693)|
|Depreciation
/ profit disposal ofassets|||||(5,138,026)|890,250|
|(Increase)
/ decrease|in stocks||||(15,522)|36,727|
|(Increase)
/ decrease|in debtors||||(5,853,791)|126,248|
|Increase
in creditors|and deferred|income|||386,528|747,230|
||||||1,487,439|152,214|
|PRINCIPAL SUBSIDIARY|||||||
|||||Country of|Percentage|Company|
|Company
name|||incorporation||shareholding|number|
|St.Lawrence College|Enterprises|Ltd||England|100%|03100304|
|Results for the year ended 31August 202|2||
|---|---|---|
||2022|2021|
||6||
|Total assets|131,163|132,793|
|Total liabilities|(117,412)|(126,601)|
|Total equity|13,751|6,192|
|Turnover|210,277|111,519|
|Expenditure|(191,730)|(100,050)|
|Result for the year|18,547|11,469|
##
##
##
|RESULTS OF TH|E CHARITY|||
|---|---|---|---|
|||2022|2021|
|||6||
|Total income||16,994,930|8,262,724|
|Total expenditure||(11,181,230)|(9,877,907)|
|Net income before gains on investments||6 676,273|~7,675.783|
|Net gains/(losses)|on investments|(14,750)|34,550|
|Net movement
in funds||579895D|~1,585.633|
##
##