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|||Page|
|---|---|---|
|Highlights
ofthe Year||2|
|The Annual
Report ofthe Governing
Body for year|ended 31August 2023||
|independent
Auditor's
Report tothe Governors||16|
|Consolidated
Statement of Financial Activities||19|
|School Statement of Financial Activities||20|
|School and Consolidated
Balance Sheets||21|
|Consolidated
Cash Flow Statement||22|
|Notes to the Accounts for the year ended 31August 2023|||
|Prior year Consolidated
Statement of Financial Activities||42|
|Prior year School Statement of Financial Activities||43|
|Legal Structure
and Governance
Arrangements||44|
|Governors,
Officers, Committees
and Professional|Advisers|46|
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|||||Unrestdicted|Funds|Restricted|Endowed|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||School|Other|Funds|Funds|Funds 2023|Funds 2022|
||||Notes|E'000|E'000|E'000|E000|6'000|E'000|
|Income and endowments
fmm;||||||||||
|Charitable
activities||||||||||
|School fees receivable
Other educational
income
Ancillary
trading
income
Other trading activities|||2(o)
4|42,613
2,044
278||(76)||42,537
2,044
278|40,272
1,996
201|
|Activities for generating|funds;|||||||||
|Trading Companies
Other incoming
resources|||||1,456|||1,456
0|1,226|
|Investments||||||||||
|Investment
Income|||8c||74|206||280|294|
|Bank and other interest
Voluntary
sources|||Bc|330||11||341|33|
|Grants and donations
Total Income||||91
45,356|1,530|121
262|2,110
2,110|2,322
49,258|209
44,231|
|Expenditure
on:||||||||||
|Raising funds||||||||||
|Trading Compa mes|||||1,095|||1,095|809|
|Expenditure
on raising funds||||307||13||320|166|
|Financing
Costs||||1,720||||1,720|1,533|
|Total deductible
costs|||6o|2,027|1,095|13||3,135||
|Net income||||||||||
|Available
for charitable
apphcation||||43,329|435|249|2,110|46,123||
|Total charitable
expenditure|||66|44,877||||44,876|38,381|
|Total Expenditure||||46,904|1,095|12||48,011|40,889|
|Net incommg
funds from operations||||||||||
|before transfers
and investment||gains||(1,548)|435|250|2,110|1,247|3,342|
|Gams/(Losses)
on Investments|||Bo|(35)||(4)|(98)|(137)|(996)|
|Iransfers
between
funds|||12d|343|3,340|(3,683)||||
|Net income and capital Inflow||||2,535||l3,4371|2,012|1,110|2,346|
|Revaluation
of tangible
fixed assets||||357||||362|1,316|
|NET MOVEMENT
IN FUNDS FOR YEAR||||2,892||(3,432)|2,012|1,472|3,662|
|Fund balances at 1September|2022|||46,259||5,532|32,151|83,942|80,280|
|FUND BAlA NCES AT31AUGUST 2023|||12|49,151||2,100|34,163|85,414|83,942|
##
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|||||Unrestricted|Funds|Restricted|Endowed|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||School|Other|Funds|Funds|Funds 2023|Funds 2022|
||||Notes|E'000|6'000|6'000|E'000|E'000|E'000|
|Income and endowments
from:||||||||||
|Charitable
activities||||||||||
|School fees receivable|||2(o)|42,613||(72)||42,541|40,264|
|Other educational
income|||4|2,044||||2,044|1,996|
|Ancillary
trading
income|||4|278||||278|201|
|Other trading activities||||||||||
|Activities
for generating||funds:||||||||
|Trading Companies|||3||361|||361|303|
|Investments||||||||||
|Investment
Income|||Bc||74|198||272|283|
|Bank and other interest|||Bc|330||||330|31|
|Voluntary
sources||||||||||
|Donations
and legacy||||91||121|2,110|2,322|209|
|Totallncome||||45,356|434|247|2,110|48,147|43,287|
|Expenditure
on:||||||||||
|Raising funds||||||||||
|Expenditure
on raising|funds|||308||13||321|166|
|Financing
Costs||||1,720||||1,720|1,533|
|Total deductible
costs|||6a|2,028||13||2,041|1,699|
|Net income||||||||||
|Available
for charitable
apphcation||||43,328|434|234|2,110|46,106|41,588|
|Total charitable
expenditure|||66|44,895||||44,898|38,392|
|Total Expenditure||||46,923||16||46,939|40,091|
|Net income from operations||||||||||
|before transfers
and investment||gains||(1,567)|434|231|2,110|1,208|3,196|
|Net Gains/(Losses)
on Investments|||Bb|(35)|||(98)|(133)|(965)|
|Transfers
between
funds|||12d||3,701|(3,701)||||
|Net income and capital Inflow||||2,533||(3,470)|2,012|1,075|2,231|
|Revaluation
of tangible
fixed assets|||7|357||||357|1,316|
|NET MOVEMENT IN FUNDS||||2,890||(3,470)|2,012|1,432|3,547|
|Fund balances at 1September|2022|||46,248||4,773|32,151|83,172|79,625|
|FUND BALANCES AT31AUGUST||2023|12|49,138||1,303|34,163|84,604|83,172|
##
|||||Consolidated|Consolidated|School||
|---|---|---|---|---|---|---|---|
|||||31August|31August|31August|31August|
||||Iyotes|2023|2022|2023|2022|
|||||6'000|E'000|E'000|E'000|
|FIXEDASSETS||||||||
|Tangible
assets|||7|133,307|126,796|133,057|126,551|
|Investments|||8|10289|10426|9973|10106|
|||||143596|137222|143030|136657|
|CURRENT ASSETS||||||||
|Stock||||538|431|103|90|
|Debtors||||3,797|1,880|4,426|2,026|
|Short-term
Investments
Cash at bank and
in hand||||1,290
~4429
~10054|1,290
11008
14609|1,290
~4150
~9969|1,290
10988
14394|
|CREDITORS:due withinone||year|10a|~18641|~17075||17 065|
|NET CURRENT LIABILITIES||||8587|2466|8 831|2 671|
|Other Loan||||(40,000)|(40,000)|(40,000)|(40,000)|
|Deposits &Accruals
Advance
Fees
CREDITORS:due after one||year|11
100|(9,004)
~591
~49595|(9,970)
~844
50814|(9,004)
~591
49595|(9,970)
~844
50814|
|TOTAL NET ASSETS||||85,414|83,942|84,604|83,172|
|ENDOWED FUNDS|||12o|34,163|32,151||32,151|
|RESTRICTED FUNDS|||126|2,100|5,532|1,303|4,773|
|UNRESTRICTED FUNDS||||||||
|Designated
and general|funds||12c|49,151|46,259|49,138|46,248|
||||12|85,414|83,942|84,604|83,172|
##
||||31August|2023|31August|2022|
|---|---|---|---|---|---|---|
||||6'000|6'000|6'000|EOOD|
|||Note|||||
|Cash flows from operating|activities|15||1,567||6,722|
|Cash flows from investing|activities||||||
|Investment
income receipts|||621||327||
|Purchase oftangible
fixed|assets||(6,605)||(6,893)||
|Purchase ofinvestments|||||||
|||||(5,984)||(6,566)|
|Cash flows from financing|activities||||||
|Finance costs paid|||(1,720)||(1,533)||
|New fees in advance
money|||434||598||
|Discount allowed to parents|||(9)||(7)||
|Amounts
utilised from Advanced
Fees|||||||
|||||(2,162)||(1,858)|
|Increase/(Decrease)
in cash in the year||||6579||1702|
|Cash and cash equivalents|at beginning ofthe|year||11,008||12,709|
|Cash and cash equivalents|at end ofthe year|||4,429||11,008|
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##
|||||2023|2022|
|---|---|---|---|---|---|
|||||6'000|6'000|
|(a)The School's fee|income||comprised:|||
|Grass Fees
Less: Total bursaries,|grants||and allowances|44,514
~1972|41,781
~1517|
|||||42,541|40,264|
|Add back: Scholarships,||grants, etc. paid by trust fund||||
|||||42 537|40 272|
|In addition,|the Ol|d King's Sc|holars' Trust contributed
625k towards
pu|pils' fees|during t|he year (202|
|---|---|---|---|---|---|---|
|||||2023||2022|
|||||6'000||6'000|
|(b)Grants,|awards|and prizes|paid for by Restricted Funds comprised:||||
|Scholarship,|grants|etc.||||312|
|Prizes, exhibitions||and leaving|awards||||
||||||76|317|
##
##
|School are ex|School are ex|duded
from|the consolidated
resu|lts.
At year end 6639|k was owed t|
|---|---|---|---|---|---|
|King's School||Enterprises|Ltd|2023|2022|
|||||Total|Total|
|||||E'000|E'000|
|Turnover||||1,064|976|
|Cost of sales||||(647)|(524)|
|Gross Profit||||417|452|
|Administration||expenses||273|353|
|||||144|99|
|Reserves|8/F|||0|(83)|
|Transfer|to Parent Charity||under Gift Aid|(144)|(16)|
|Reserves|C/F|||||
|The Kings|School, Canterbury|School, Canterbury|(International)|Ltd|2023|2022|
|---|---|---|---|---|---|---|
||||||Total|Total|
||||||E'000|E'000|
|Royalties|Received||||392|250|
|Administration||expenses|||175||
||||||217|204|
|Reserves|B/F||||||
|Transfer to Parent Charity under Gift Aid|||||(217)|(204)|
|Reserves|C/F||||||
##
|Cleary Blackfriars Trust|||2023|2022||||
|---|---|---|---|---|---|---|---|
||||Total|Total||||
||||6'000|6'000||||
|Total Income/Investment|movement||38|||||
|Cost ofgenerating
funds||||||||
|Charitable
activities||||(12)||||
|Governance
Costs||||1||||
|Total Expenditure|||10|||||
|Net Income|||29|||||
|Reserves
8/F|||769|758||||
|Reserves
C/F|||797|769||||
|4
OTHER INCOME||||||||
|||||Consolidated||School||
|||||2023|2022|2023|2022|
|||||6'000|1'000|6'000|E'000|
|Charitable
activities - Other income||||||||
|Entrance and registration|fees|||110|238|110|238|
|Deposits & fees forfeited||||343|447|343|447|
|Pupil Social Centre||||90|90|90|90|
|Recreation
Centre||||1301|1221|1501|1221|
|||||2,044|1,996|2,044|1,996|
|Other ancillary
activities||||||||
|Insurance
commissions||||3|22|3|22|
|Lettings, property
rentals and other
King's Week income
Profit/(Lass)
re Sale ofAsset||income||238
41
~4|139
40|238
41
~4|139
40|
|||||278|201|276|201|
|Other incoming resources||||||||
|Covenanted
income from|subsidiary|company||||361|303|
|||||||361|303|
|Voluntary
sources||||||||
|Donations||||312|209|312|209|
|Legacy||||2010||2 010||
|||||2,322|209|2,322|209|
##
##
||||||||Consolidated||school||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||2023|2022|2023|2022|
||||||||E'000|E'000|E'000|E'000|
|Charitable|Activity expenditure|||Includes:|||||||
|Refurbishment
of buildings||||& pupil|accommodation||1,250|1,034|1,250|1,034|
|Governance||expenditure|Includes.||||||||
|Auditors||remuneration:|||||||||
|for audit||services||||||30|40|30|
|for other services||||||||3||3|
||||||||40|33|40|33|
|Wages|and salaries||||||24,118|20,281|24,074|20,159|
|Social|secunty costs||||||2,245|1,924|2,242|1,914|
|Pension||contnbutions|||||3144|2 802|3 142|2 795|
||||||||29,507|25,007|29,458|24,868|
||||||||2023|2022|||
||||||||E'QM|f'000|||
|Aggregated||employee-benefits||of key|management|personnel|1,023|1,501|||
|||||2023|2022|
|---|---|---|---|---|---|
|||||E'000|f'QQQ|
|Termination|and|redundancy|payments|72|93|
##
|||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
|The|number|of|higher|paid employees
wasi'||||No.|No.|
||||Taxable
emoluments
band:|||||||
|||||E60,001-E70,000||||34|23|
|||||E70,001- E80,000||||15|11|
|||||E80,001-E90,000||||9|8|
|||||E90,001 E100,000||||4|1|
|||||8100,001-6110,00D||||1|1|
|||||6130,001-6140,000||||1||
|||||8160,001-6170,000||||1||
|||||6200,001-6210,000||||||
|||||E300,001-E310,000||||||
|||||E43D,001-E440,000||||||
|The|number|with|retirement
benefits
accruing||in|||||
|||||-Teachers|Pension|Scheme|was|57|40|
|||||-Defined
Contribution||Scheme|was|9|6|
##
##
||||||||Staff|||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||costs||Other Costs|Depreciation|Total|
||||||||E'000||E'000|F.'000|E'000|
|(a)|Costs ofgenerating||funds|||||||||
||Financing|costs|||||||1,720||1,720|
||Fundra ising for||voluntary|resources||||203|117||320|
||Financing|costs|under Advance||Fee Contracts||||0|||
||||||Total for Charity|||203|1,837||2,040|
||Trading costs of||the subsidiary|||||133|962|||
|||||||Total for Group||336|2,799||3,135|
|||||Total for Charity 2022||||106|1,593||1,699|
|||||Total||for Group 2022|||2,264||2,508|
||||||Staff||||
|---|---|---|---|---|---|---|---|---|
||||||costs|Other Costs|Depreciation|Total|
||||||E'000|E'000|E'000|E'000|
|(b)|Charitable|activities|||||||
||Teaching|costs|||17,450|3,075|764|21,289|
||Welfare||||4,153|2,456|156|6,765|
||Premises||||4,144|7,911|209|12,264|
||Support costs||||3,711|1,475|(675)|4,511|
||School's|operating|costs||29,458|14,917|454|44,829|
||Grants, awards &||prizes|||3||3|
||||||29,458|14,920|454|44,832|
||Governance|Costs||||66||66|
|||||Total for Charity|29,458|14,986|454|44,898|
||Subsidiary|expenditure|||49|(71)||(22)|
|||||Total for Group|29,507|14,915|454|44,876|
|||||Total for Charity 2022|25,193|11,807|1,392|38,392|
|||||Total for Group 2022|25,193|11,796|1,392|38,381|
##
##
||||||||||Subsidiories|Subsidiories||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||Freehold
Property|Assets under
Construction|Leasehold
Property|Furniture
&
Equipment|Vehicles||Charity
Total|Freehold
Property|Vehicles|||Group
Total|
|||E000|E'000|E'000|F.'000|E'000||6'000|E000|E|000||6000|
|Cost or Valuation||||||||||||||
|Balances as of 1September|2022|105,505|14,106|5,553|5,806||99|131,069|245|||6|131,320|
|Transfer of Assets||12,813|(14,665)|1,563|289|||||||||
|Additions||584|5,250|63|708|||6,605|||||6,605|
|Revaluations||236||121||||357|||||362|
|Disposals|||||(184)|||(184)|||||(184)|
|Balance as at 31August 2023||119,138|4,691|7,300|6,619||99|137,847|250|||6|138,103|
|Accumufated
depreciation||||||||||||||
|Balances as of 1September|2022|512||77|3,830||99|4,518||||6|4,524|
|Charge for the year||446||78|932|~||tdf56|||||27756|
|Revaluation
write
back||(848)||(1551|-|-||(1,003)|||||(1,003)|
|Disposals|||||(180)|-||(180)|||||(180)|
|Balance as at 31August 2023||110|||4,582||99|4,791||||6|4,797|
|Net Book Value||||||||||||||
|Balance at 31August 2023||119,028|4,691|7,300|2,037|-||133,056|250||-||133,306|
|Balance at31August 2022||104,993|14,106|5,476|1,976|-||126,551|245||-||126,796|
##
##
||||||||Designated||Restricted||Endowment|Endowment|Investment|Investment||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|(a)|Consolidated||||||Funds||Funds||Funds||Properly||Total|
||||||||6'000||6'000||E'000|||E'000|F.'000|
||At Valuation|||||||||||||||
||Balance|as|at I September|||2022|2,793||320||7,313||||10,426|
||Additions|||||||||||||||
||Disposals/redemption|||at||par||||||||||
||Reahsed|(gains) / losses||||||||||||||
||Unreahsed||gains/
(losses)||||(35)||l4)|||(98)|||(137)|
||Transferred||to Short term|||investment||||||||||
||Balance|as|at 31August 2023||||2758||316|||7215|||10289|
||Investments|||are in||UK held Sarasia Alpha|CIF for Endowment||(Income Funds)|||||||
||||||||||||Bonds|—UK|||1,470|
||||||||||||Bonds|- Overseas|||32|
||||||||||||Equlb/||||6,934|
||||||||||||Property||||417|
||||||||||||Other|Investments|||1,004|
||||||||||||Liquid|Assets|||432|
||||||||||||||||10,289|
||||||||||||Short|term Property||Investment|1290|
||||||||||||||Historic Cost||11,579
~t|
||||||||Designated||Restricted||Endowment||Investment|||
|(bl|5chool||||||Funds||Funds||Funds||Properly||Total|
||||||||C000||6'000||6'000|||E'000|6'000|
||At Valuation|||||||||||||||
||Balance as at 1September|||||2022|2,793||||7,313||||10,106|
||Dares lised gams / (losses)
Iransferred
to Short term|||||investment|(35)|||||(98)
0|||(133)|
||Balance as at31August 2023||||||2,758||||7,215||||9,973|
||||||||||||||Histonc Cost||~42|
|(c)|||||||Consolidated|||scliaol||||||
||||||||2023|2022||2023|2022|||||
||||||||6'000|1'000||E'000|E'000|||||
||On listed|investments||(iac||Oilts)|280||294|272||283||||
||Interest an cash deposits||||held for investment||341||33|||1||||
||||||||621||327|602||314||||
##
##
|||||||Consolidated||School||
|---|---|---|---|---|---|---|---|---|---|
|||||||2023|2022|2023|2022|
|||||||E'000|E'000|E'000|E'000|
|Pupil debtors||||||579|605|579|605|
|Other debtors||||||636|583|344|221|
|Prepayments||&|Accrued|Income||2,582|692|2,582|439|
|Amounts|owed||by subsidiary||undertakings|||921|761|
|||||||3,797|1,880|4,426|2,026|
|10a|CREDITORS due|||within|one year|||||
|||||||Consolidated||School||
|||||||2023|2022|2023|2022|
|||||||E'DOD|E'000|E'000|E'MD|
|Trade creditors||||||2glS|884|2,409|1,096|
|Due to subsidiary|||undertakings|||||242|215|
|Other creditors||||||974|901|928|876|
|Tax&Senal security costs||||||722|640|704|619|
|Deposits|& Accruals|||||6,813|6,631|6,800|6,240|
|Fees received||in|advance|||7,058|7,171|7,058|7,171|
|||||||17,982|16,227|18,141|16,217|
|Advance|fees|(note 11)||||659|848|659|848|
|||||||18,641|17,075|18,800|17,065|
|10b|CREDITORS due|||after|one year|||||
|||||||Consolidated||School||
|||||||2023|2022|2023|2022|
|||||||E'000|E'DDD|E'000|E'000|
|Other
Loan|||||||40,000|40,000|40,000|
|Deposits|& Accruals|||||9,004|9,970|9,004|9,970|
|Advance|fees (note 11)|||||591|844|591|844|
|||||||49,595|50,814|49,595|50,814|
##
##
||||2023|2022|
|---|---|---|---|---|
||||6'000|6'000|
|After|5|years|||
|Within||2to 5years|307|490|
|Within||1to 2years|284|354|
||||591||
|Within||1year|659|848|
||||1,250|1,692|
|||||2023|2022|
|---|---|---|---|---|---|
|||||6'000|6'000|
|Balance|as at 1September
2022|||1,692|2,016|
|New contracts
Discount
Allowed||to Parents||434
~9|598
~7|
|||||2,117|2,607|
|Amounts|utilised|in payments|of fees|(867)|(915)|
|Balance|as at31August 2023|||1,250|1,692|
##
##
|||||Net current|long-term||
|---|---|---|---|---|---|---|
|Consogdated||Fixed Assets|Investments|liabilities|liabilities|Total|
|||E '000|E '000|E'000|E'000|f'000|
|Endowment|funds|24,510|7,215|2,438||34,163|
|Restricted funds||250|316|1,534||2,100|
|Unrestricted|funds|108,547|2,758|(11,828)|(50,326)|49,151|
|||133,307|10,289|(7,856)|(50,326)|85,414|
|Advance fees|||||||
|||133,307|10,289|(7,265)|(50,917)|85,414|
|||||Net current|long-term||
|School||Fixed Assets|Investments|liabilities|liabilities|Total|
|||E '000|f'000|E '000|E '000|6'000|
|Endowment|funds|24,510|7,215|2,438||34,163|
|Restricted funds||||1,303||1,303|
|Unrestncted|funds|108,547|2,758|(11,840)|(50,326)|49,138|
|||133,057|9,973|(8,099)|(50,326)|84,604|
|Advancefees|||||||
|||133,057|9,973|(7,508)|(50,917)|84,604|
##
|128
E|N|DOWE|D|FUNDS: MO|VEMENTS|IN THE Y|EAR||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Balance|||Investment||Balance|
||||||1Sept|Incoming|Resources|gsins/(losses)||31Aug|
||||||2022|resources|expended|revaluations|Transfers|2023|
||||||F.'000|E'000|E000|E'000|E'000|E'000|
|Permanent|endowments:||||||||||
|Foundation|capital||||5,806|||||52I06|
|Revaluation||Reserve|||18,704|||||18,704|
|Otherspecisl|trusts:||||||||||
|I Corner|||||807|||(11)||796|
|Edmondson||Noakes|||244|||Pl||241|
|Scholarship,||Exhibitions||&Pnze Fund|2,010|||(27)||1,983|
|leonore|Pleuger Bursary|||Fund|112|||(2)||110|
|Heym
an|||||12|||||12|
|Chary Scholarship|||||113|||(2)||111|
|Foundation||Endowment|||1,873|2,110||(22)||3,961|
|Goodes|Bursary Fund||||550|||(7)||543|
|T&J Venner||Bursary|Fund||1920|||||1896|
||||||32,151|2,110||(98)||34,163|
##
##
##
|||||||||Investment|||
|---|---|---|---|---|---|---|---|---|---|---|
|||||Balance||||gales/(losses)||Balance|
|||||1Sept|Incoming|Resoumes||&||31Aug|
|||||2022|resources|expended||revaluations|Transfers|2023|
|||||E 000|E '000|E '000||E '00D|E '000|6'000|
|J Corner||||4|22|(26)|||||
|Edmondson|Noakes|||1|7||(8)||||
|Scholarship,|Exhibitions||& Pnze Fund|132|54||(3l|||183|
|Leonore Pleuger Bursary|||Fund|1|3||(4)||||
|Esme Chafy|||||3|(3)|||||
|Foundation|Endowment||Income||45|||||45|
|Goodes Bursary Fund|||||15|(18)|||||
|Foundation|Scholarship||&Bursary Term Fun||25|(13)||||12|
|Restncted
Bursary Funds||||426|11|||||437|
|Music|||||||||||
|Foundation|Music School||||||||||
|Foundation|Sports|||41||||||41|
|Foundation|Other Funds|||120|26|(I|3)|||133|
|Schools Partnerships||Worldwide|||||||||
|Kings Appeal|-Building Development||||||||||
|Science Centre||||3,624|55||||(3,679)||
|Malthouse
-
Venner|Drama|||20
10|2
49||||(22)|59|
|Junior King's|Appeal|||45||||||47|
|JKS Swimming
Pool||||346||||||346|
|School Total||||4,773|319|(88)|||(3,701)|1,303|
|Cleary Blackfriars Trust||||759|30|||1|18|797|
|Consolidated|total|||5,532|349|(99)||1|(3,683)|2,100|
##
##
|||||||Balance|||Investment|||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||1sept|Incomln6|Resources|gains/(losses)||Balance 31|
|||||||2022|resources|expended|revaluations|Transfers|Aug 2023|
|||||||E '000|E 'QQQ|E '000|E 'QQQ|E '000|6 '000|
|Designated||||||||||||
|School|Scholarship|||&Bursary|Fund|11,868|74||||11,942|
|Beerhng|Hall|||||25|||||25|
|General
Fund||||||21,722|45,356|(46,923)|OS)|4,063|24,183|
|Revaluation||Reserve||||12,644|||357|0|13,001|
|||||||46,259|457t30|(46,923)|322|4,063|49,151|
|Nun-chantable|tradmg||funds||||1,456|(1,076)||OBQ)||
|||||||46,259||(47,999)|322|3,683|49,151|
##
|12EI
TRANSFERS|||||||
|---|---|---|---|---|---|---|
|||Unrestricted|||||
|||School|Other|Restricted|Endowed|Total|
|||E'000|E'000|E '000|E '000|E.'000|
|Science Centre|||3,679|(3,679)|||
|Restricted Bursaries
Malthouse
Drama|||22|~22|||
|School|||3,701|(3,701)|||
|Deed of covenant||144|(144)||||
|Cleary 8lackfriars Trust||(18)||18|||
|Transfers to Restricted|||||||
|Kings School international|Ltd|217|(217)||||
|Consolidated||343|3,340|(3,683)|||
##
##
##
||||||2023||2022||
|---|---|---|---|---|---|---|---|---|
||||||6000||f000||
|Amounts|Due|within|one year|||336||393|
|Amounts|due|between||one and five Years||751||780|
|Amounts|due|after|Five|Years||123||198|
##
##
##
##
##
|o|yer's
con|tribution
of10%(o|
|---|---|---|
|".|T.424)gyg.|III)ITeh@ILB ' ~"|
||Staff|School|
|||534%|
||& 7.5%|10.00%|
##
##
||||31August 2023|31August 2022|
|---|---|---|---|---|
||||F. '000|6 '000|
|Net incoming
resources|||1,247|3,342|
|Depreciation|||1,455|1,389|
|Depreciation
writeback||on revaluation|(1,003)||
|Investment
Income|||(621)|(327)|
|Finance and other costs|||1,720|1,533|
|Decrease/(increase)|in|stocks|(107)|(31)|
|Decrease/(increase)|in|debtors|(3,237)|(736)|
|Increase/(decrease)|in|creditors|1,756|2,356|
|Increase/(decrease)|in|deposits|357||
|Net cash inflow from|group operations||1,567|6,722|
##
|16
ANALYSIS OF CHANG|ES IN|NET CASH RES|OURCES AND|DEBTOF TH|
|---|---|---|---|---|
|||As at||As at|
|||31August 2022|Cash flow|31August 2023|
|||8 '000|8 '000|E '000|
|Cash m hand and at bank||11,008|(6,579)|4,429|
|Other Loan||(40,000)||(40,000)|
|Net cash outflow from group operations||(28,992)|(6,579)|(35,571)|
|Advance fees due wrthin one year|11|(8481|189|(659)|
|Advance fees alter more than one year|11|(844)|253|(591)|
|||(30,684)|(6,187l|(36,821)|
##
##
|||||Unrestricted|FundsRestrlctedEndowed|FundsRestrlctedEndowed|FundsRestrlctedEndowed|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||School|Other|Funds|Funds|unds 2022|Funds 2021|
|||||E'000|E'000|E'000|E'000|F.'000|E'000|
|Income and endowments
from:||||||||||
|Charitable
activities||||||||||
|School fees receivable|||2(oj|40,589||(317)||40,272|35,008|
|Other educational
income|||4|1,996||||1,996|1,780|
|Ancillary
trading
income|||4|201||||201|197|
|Other trading activities||||||||||
|Activities
for generating|funds:|||||||||
|Trading Companies|||||1,226|||1,226|764|
|Other incoming
resources||||||||||
|Investments||||||||||
|Investment
Income|||Bc||78|216|-|294|250|
|Bank and other interest|||Sc|31||2||33|6|
|Voluntary
sources||||||||||
|Grants and donations||||90||61|58|209|1,196|
|Government
Grants||||||||||
|Furlough
Grant|||||||||997|
|Total Income||||42,907|1,304|(38)|58|44,231|~40 198|
|Expenditure
on:||||||||||
|Raising funds||||||||||
|Trading Companies|||||809|||809|519|
|Expenditure
on raising funds||||161||||166|161|
|Financing
Costs||||||||1,533|1,525|
|Total deductible
costs|||6o|1,694|809|||2,508|2205|
|Net income||||||||||
|Available
for charitable
application||||41213|495|(43)|58|41,723|37,993|
|Total charitable
expenditure|||6b|38,369||12||38,381|34,205|
|Total Expenditure||||40,063|809|17||40,889|36,410|
|Net incoming
funds from operations||||||||||
|before transfers
and investment||gains||2,844|495|(55)|58|3,342|3,788|
|Gains/(Losses)
on Investments|||84|(254)||(31)|(711)|(996l|1,032|
|Transfers
between
funds|||12d|182|(220)|38||||
|Net income and capital Inflow||||3,047||(48)|(653)|2,346|4,820|
|Revaluation
of tangible
fixed|assets|||1,316||||1,316|1,634|
|NET MOVEMENT
IN FUNDS FOR YEAR||||4,363||(48)|(653)|3,662|6,454|
|Fund balances at 1September|2021|||41,896||5,580|32,804|80,280|73,826|
|FUND BALANCES AT31AUGUST 2022||||46,259||5,532|32,151|83,942|80,280|
##
##
||||Unrestdicted|Funds|Restricted|Endowed|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||School|Other|Funds|Funds|unds 2022|Funds 2021|
||||6'000|6'000|6'000|E'000|E'000|E'000|
|Income and endowments
from:|||||||||
|Charitable
activities|||||||||
|School fees receivable|||35,460||(439)||35,021|33,971|
|Other educational
income|||1,805||||1,805|1,234|
|Ancillary
trading
mcome|||197||||197|162|
|Other trading
activities|||||||||
|Activities
for generating||funds:|||||||
|Trading
Companies|||218|258|||476|118|
|Investments|||||||||
|Investment
Income||||74|165||239|248|
|Bank and other interest|||||||6|40|
|Voluntary sources|||||||||
|Donations
and legacy|||101||773|322|1,196|2,642|
|Government
Grants|||||||||
|Furlough
Grant|||978||||978|2 444|
|Total Income|||38,765|332|499|322|39,918|40,859|
|Expenditure
on:|||||||||
|Raising funds|||||||||
|Expenditure
on raising|funds||137||24||161|311|
|Financing
Costs|||1,525||||1,525|1,641|
|Total deductible
costs|||1,662||24||1,686|1952|
|Net income|||||||||
|Available
for charitable
application|||37,103|332|475|322|38,232|38,907|
|Total charitable
expenditure|||34,232||||34,234|37,036|
|Total Expenditure|||35,894||26|-|35,920|38,988|
|Net income from operations|||||||||
|before transfers
and investment||gains|2,871|332|473|322|3,998|1,871|
|Net Gains/(Losses)
on Investments|||305|||692|997|374|
|Transfers
between
funds|||||(3,701)||(3,701)||
|Net income and capital Inflow|||3,508||(3,228)|1,014|1,294|2,245|
|Revaluation
of tangible
fixed assets|||2,852|||(1,219)|1,633|(221)|
|NET MOVEMENT
IN FUNDS|||6,360||(3 228)|(205)|2 927|2,024|
|Fund balances at 1September 2021|||35,838||4,368|33,009|73,215|71,191|
|FUND BALANCES AT31AUGUST||2022|42,198||1,140|32,804|76,142|73,215|
##
##
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