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|The|Governors|ofthe School are also the|charity's trustees.
The|Governors|who served|who served|during the year were:|
|---|---|---|---|---|---|---|---|
|||Council of Management|A A M Try LL (Chair) (appointed|||31 August 2023)||
||||Brigadier A R E|Hutchinson|(Chairman)||(retired 31 August 2023)|
||||J P C Frost|||||
||||Mrs E M Hewer|(retired 22|December 2022)|||
||||T G F Lord|||||
||||A R McGregor|||||
||||Revd Dr BG McNair Scott|||||
||||Mrs S L Rollings|(appointed|17 May 2023)|||
||||S D Walker|||||
|||Secretary|SG Burrows|||||
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##
|Professional
adv|Professional
adv|isers
and key personnel|||
|---|---|---|---|---|
|The Headmaster||Mr TW Bunbury
BA University|College Durham,|PGCE|
|The Bursar||Mr S G Burrows FCA|||
|Principal|and|Papplewick
School|Solicitors|VWV|
|registered|office|IA/indsor
Road||Narrow Quay House|
|address||Ascot||NarrowQuay|
|||Berkshire SL5 7LH||Bristol BS14QA|
|Auditor||Jacob Cavenagh
&Skeet|Bankers|Lloyds Bank pic|
|||5 Robin Hood Lane||1-2 Market Place|
|||Sutton||Reading|
|||Surrey SM1 2SW||Berks RG1 2EQ|
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||||Unrestricted|Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||Funds|Funds|2023|Funds|Funds|2022|
|||Note||F|||6|||
|INCOME FROM||||||||||
|Charitable
activities:||||||||||
|School fees||3||5,932,411||5,932,411|5,454,578||5,454,578|
|Other educational
income||4||11,079||11,079|10,529||10,529|
|Other trading activities|||||||3,174||3,174|
|Investments||||||||||
|Interest from UK bank accounts||||85,873||85,873|2,206||2,206|
|Donations||||73,191|26,170|99,361|126,571|69,410|195,981|
|Other income||||||||||
|Sundry
income||||96 492||96 492|71 700||71 700|
|Total income||||6199046|26170|6225216|5668758|69410|5738168|
|EXPENDITURE|ON:|||||||||
|Charitable
activities:||||||||||
|School and grant making||||5629174|27971|5857145|5044988|31605|5076593|
|Total expenditure||5||5629174|27971|5657145|5044988|31605|5076593|
|Net income for|the year|15,|16 569,872||(1,801)|568,071|623,770|37,805|661,575|
|Transfers||||||||||
|Net movement|in funds|||569,872|(1,801)|568,071|623,770|37,805|661,575|
|Reconciliation|offunds|||||||||
|9
d
0
1|0
98th|d||9946 918|97718 10044 636||9323 148|59913|9383061|
|Funds balances|carried forward||10516~||~1((642/97||9~~|~81~0&~||
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||||||2023|2023||2022||
|---|---|---|---|---|---|---|---|---|---|
||||Note|6||||||
|Fixed assets||||||||||
|Tangible assets||||||8,370,723||8,098,667||
|Current assets||||||||||
|Debtors|||9|1,219,503|||1,028,603|||
|Investments|||10|3,703,235|||2,518,656|||
|Cash at bank and|in|hand|11|993.209|||2.131826|||
|||||5,915,947|||5,679,085|||
|Creditors: amounts||falling due||||||||
|within one year|||12|3 250 569|||3259.689|||
|Net current assets||||||2.665378||2|419.396|
|Total assets less|current liabilities|||||11,036,101||10,518,063||
|Creditors: Amounts||fallina due||||||||
|after more than one year|||||(|275,394)||(|329,677)|
|Provisions
for liabilities||||||148000)|||143750)|
|Net assets||||||~2~||~)~36||
|Funds||||||||||
|Unrestricted
funds|||15|||10,516,790||9,946,918||
|Restricted funds|||16|||95.917|||97718|
|Total funds||||||||||
|||||2023||2022|||
|---|---|---|---|---|---|---|---|---|
|Cash provided|||||||||
|from operating
activities|(see below)||||667,770|1,486,283|||
|Cash flows from investing|activities||||||||
|Interest received||||85,873||2,206|||
|Increase
in cash on deposit
Payments
to acquire tangible|fixed assets|||(1,184,579)
~653398||(251,556)
~474 646|||
|Cash used
in investing
activities||||(1,752,104)|||(723,996)||
|Cash flows from financing|activities||||||||
|(Decrease)/increase
in Confirmations|||of Entry|~54 283||81 939|||
|Cash (used in)/provided
for
financing
activities||||~54 283||||81 939|
|Net cash (outflow)/inflow||||(1,138,608)|||844,226||
|Cash and cash equivalents|brought||forward|2|131826|1|287 600||
|Cash and cash equivalents|carried||forward||||||
|Cash flows from operating|activities||||||||
||||||2023|||2022f|
|Net income|||||568,071||661,575||
|Interest received shown
in investing||activities||(|85,873)||(|2,206)|
|Depreciation|||||381,341||348,082||
|(Increase)
in debtors||||(|190,900)||(|2,284)|
|(Decrease)/Increase
in creditors||||(|9,119)||455,266||
|Increase
in provisions|||||4 250|||25 850|
|Cash provided
from operating
activities||||~66
0|||||
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|instruments.
Basic
financial
instruments
are
subsequently
measured
using amortised
cost on|initially
recognised
at
transacti
the effective interest rate method.|on
value|
|---|---|---|
|NET INCOME|2023f|2022|
|This is stated after charging:|||
|Depreciation|381,341|348,082|
|Auditors'
remuneration:|||
|Audit fees
Non-audit
fees|7,500
~6|7,980
~0|
##
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|3|SCHOOL FEES||||||||2023f|2022f|
|---|---|---|---|---|---|---|---|---|---|---|
||The School fee income comprised||||||||||
||Gross fees||||||||6,571,685|6,005,387|
||Less: Total bursaries|and|scholarships||||||~643 110|~557 287|
||||||||||5,928,575|5,448,100|
||Income from music tuition||||||||3836|6478|
||||||||||~53
11||
|4|OTHER INCOME||||||||2023|2022|
||Other educational|and charitable|||||||||
||Entrance and registration||fees||||||10,179|9,729|
||Courses and sub lettings||||||||900|800|
|5|EXPENDITURE||||||||Total|Total|
|||||Staff||costs
f|Other costs|Dep'n
F|2023|2022
F|
||Charitable
activities||||||||||
||Teaching costs|||2,592,889|||284,449||2,877,338|2,670,725|
||Welfare||||154,919||614,791||769,710|688,461|
||Premises||||269,912||639,364||909,276|677,224|
||Support costs of schooling:||||||||||
||Salaries and pensions||||385,660||||385,660|367,423|
||Depreciation|||||||381,341|381,341|348,082|
||Printing,
postage and stationery||||||23,323||23,323|21,407|
||Bad debts||||||2,779||2,779|(987)|
||Professional fees||||||60,867||60,867|58,167|
||Motor and travel||||||37,153||37,153|38,406|
||Insurance||||||22,933||22,933|19,960|
||Other support costs||||||139,415||139,415|137,242|
||Governance
costs|||||11879|7500||19379|18878|
||Total support costs||||397,539||293,970|381,341|1,072,850|1,008,578|
||Grants, awards
and|prizes|||||||||
||(see below)
Total charitable
expenditure|||34L(5~|||27 971||27 971|31 605|
##
|6|STAFF COSTS||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||||F|F|
||Salaries and wages||||||2,660,206|2,497,645|
||Social security costs||||||277,288|270,370|
||Employers
contribution|to defined|contribution||pension schemes||58,730|56,229|
||Employers
contribution|to multi-employer||defined||benefit scheme|419035|399367|
||The average
number|ofemployees|during|the|year||2023|2022|
||was made
up as follows:||||||No.|No.|
||Teaching staff||||||36|36|
||General,
office and domestic||||||39|39|
||||||||75|75|
|the year w|as as follo|
|---|---|
|2023|2022|
|No.|No.|
|F60,000 -
F70,000|
|---|
|F70,000 -
F80,000|
|F90,000 - F100,000|
|F100,000 - F110,000|
|F120,000 - F130,000|
|L'130,000 - F140,000|
##
|TANGIBLE FIXE|DASS|ETS||||||
|---|---|---|---|---|---|---|---|
||||Furniture||Long|Work||
||||and equip-|Motor|leasehold|in||
|||Computers|ment|vehicles|property|Progress|Total|
|||E|F|F|F|F|6|
|Cost||||||||
|At 1st September|2022|309,256|706,367|121,346|10,444,501||11,581,470|
|Additions||31,520|328,172||60,238|233,468|653,398|
|Disposals||||||||
|At 31stAugust 2023||340 776|1 034 539|121 346|10504739|233468|12234 868|
|Depreciation||||||||
|At 1st September|2022|239,907|454,897|82,171|2,705,827||3,482,802|
|Released
on disposal||||||||
|Provided
for the|year|53190|126714|10843|190596||381 343|
|At 31stAugust 2023||293 097|581 611|93014|2 896 423||3864 145|
|Net book value||||||||
|At 31stAugust 2023||||||||
|At 31stAugust 2022||||||||
|9|DEBTORS|2023|2022|
|---|---|---|---|
||Fees and extras receivable|1,114,332|878,783|
||Prepayments|80,872|148,683|
||Other debtors|24 299|6 137|
||||~86323|
|10|INVESTMENTS|2023|2022|
|||F||
||General school funds on deposit|~33~35|2~~|
|11|CASH AT BANK AND|IN HAND|IN HAND|IN HAND||2023|2022|
|---|---|---|---|---|---|---|---|
||||||||F|
||General school funds|||||940,539|2,078,976|
||Papplewick
Development||Fund|||52 670|52 555|
|12|CREDITORS: Amounts||falling|due within one year||2023
f|2022
F|
||Fees billed
in advance|||||2,043,733|1,924,758|
||Trade creditors|||||295,845|264,807|
||Other creditors|||||620,789|853,645|
||Taxation and social security|||||66,233|64,958|
||Accruals|||||223 959|151 521|
|||||||3~5559|3,2533959|
|13|CREDITORS: Amounts||falling|due after more than one year||2023|2022|
|||||||F||
||Confirmations
of entry|||||||
|14|PROVISIONS FOR LIABILITIES AND CHARGES|||||||
|||||||Building 8||
||||||Legal|Grounds||
||||||Fees|Expenses
f|Total|
||At 1st September 2022||||22,500|121,250|143,750|
||Provisions
and transfers
Provisions
expended||during|year||5,000
~750|5,000
~750|
||At 31stAugust 2023|||||||
##
|UNRESTRICTED|FUNDS - 2023|Other|||
|---|---|---|---|---|
|||General|||
|||Funds|General|Total|
||||f|F|
|Income||73,191|6,125,855|6,199,046|
|Expenditure||~73 209|i5~555 965|i5~629.174|
|Net income||(18)|599,890|569,872|
|Transfers||(37,500)|37,500||
|Balance brought|forward|183681|9763.237|9946 918|
|Balance carried|forward||||
|UNRESTRICTED|FUNDS - 2022|Other|||
|||General|||
|||Funds|General|Total|
|||f|f||
|Income||126,571|5,542,187|5,668,758|
|Expenditure||~84 129|~4960 859|~5044 988|
|Net income||42,442|581,328|623,770|
|Transfers
Balance brought
Balance carried|forward
forward|(30,000)
171239|30,000
9151909
8~37|9323148
RJt6732l8|
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|||Papplewick|Daphne|Prize||
|---|---|---|---|---|---|
|||Development|Watson|and Tour||
|||Fund|Fund
F|Funds
f|Totalf|
|Income|||50|26,120|26,170|
|Expenditure||180|~2575|~25 216|~27 971|
|Net income||(
180)|(2,525)|904|(1,801)|
|Transfers||||||
|Balance brought|forward|52 851|13556|31 311|97718|
|Balance carried|forward|||||
|RESTRICTED FUNDS - 2022||||||
|||Papplewick|Daphne|Prize||
|||Development|Watson|and Tour||
|||Fund
f|Fund
f|Funds
F|Total|
|Income
Expenditure||30,994
~183|10,000
~1944|28,416
~29 478|69,410
~31 605|
|Net income||30,811|8,056|( 1,062)|37,805|
|Transfers||||||
|Balance brought|forward|22 040|5500|32373|59913|
|Balance carried|forward|52 851||||
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|ANALYSIS|OF NET|ASSETS BETWEEN|FUNDS -20|23|||
|---|---|---|---|---|---|---|
|||||Cash|Other||
|||Tangible fixed||and|assets and||
|||assets|Investments|Bank|liabilities|Total|
||||F||||
|Unrestricted|funds|8,370,723|3,703,235|897,292|(2,454,460)|10,516,790|
|Restricted|funds|||95917||95917|
|||83ZG~|||||
|ANALYSIS|OF NET|ASSETS BETWEEN|FUNDS - 2022||||
|||||Cash|Other||
|||Tangible fixed||and|assets and||
|||assets
f|Investments|Bank|liabilities
f|Total
f|
|Unrestricted
Restricted|funds
funds|8,098,667
8~~|2,518,656
~6|2,034,108
97718
~3826|(2,704,513)
M96~~|9,946,918
97718
575956666|
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