2022-08-31-accounts - Upton House School Limited

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			Unrestdicted	Restdictsd	Total	Total
		Notes	funds f	funds f	2022 f	2021 f
INCOII/IE FROM:
Charitable Activities
School fess			3,417,400		3,417,400	2,914,151
Other educational	Income		389,263		389,263	261,651
Other Income Other trading Income			1,269		1,269	4.915
Investments
Investment Income			618		618	643
Voluntary sources
Grants and donations			5,656	1,478	7,134	13,832
Total income and endowments			3,814,206	1,478	3,815,684	3,195,192
EXPENDITURE ON:
Costs ofraising funds Interest and other	costs		18,198		18,198	12,826
Charitable activities
Education			3,725,372	1,478	3,726,850	3,339,376
Total expenditure			3743570	7478	3740040	3352202
Net operating Income/(expenditure)			70,636		70,636	(157,010)
Net gains/(losses) on investments		13	3,485		3,485	5676
Net Income/(expenditure)			67,151		67,151	(151,334)
Transfer between funds
Net movement in funds			67,151		67,151	(151,334)
Fund balances brought	forward		3,325,864		3,325,864	3,477,198
Fund balances carried forward		19,20	3,393,015		3,393,015	3,325,864

pton Hou ANCE SHEET t 31 Au ust 2022	se Sch	ool
		Notes
FIXEDASSETS
Tangible assets		12
Investments		13
CURRENT ASSETS
Stocks		14
Debtors		15
Cash at bank and in hand
CREDITORS: Amounts	falling due	16
within one year

TOTAL ASSETSLESS	CURRENT LiABILITIES	CURRENT LiABILITIES
CREDITORS: Amounts	falling due after	17
more than one year
NET ASSETS
FUNDS
Restricted funds		19
Unrestricted funds - general		19
Unrestricted funds - designated		19

2022	2021
6	E
3,825,615	3,827,493
71,116	74,039
3,896,731	3,901,532
26	26
69,050	107,477
380,015	238,546
449,091	346,049
(779,338)	(734,601)
~330,242 ~308,552
3,566,484	3,512,980
(173,469)	(187,116)
3,393,015	3,325,864
3,295,231	3,233,60'I
97,784	92,263
3303025	3325004

e earended31Au ust2	e earended31Au ust2	022
CASH FLOW STATEMENT			Notes	2022f	2021 6
Net cash Infiow from operating		activities	25	363,790	160,557
Cash flows from Investing	activities;
Bank Interest received				56	4
Dividends received				582	639
Interest element offinance	lease rental payments			826	1,239
Payments to acquire fixed	assets			(179,747)	(61,642)
Payments to acquire investments				(562)	(639)
Net cash outflow from Investing		activities		~770065	~60,399
Financing:
Loans received					50,000
Loans repaid				(43,456)	(53,209)
Net cash outfiow from financing		activities		~43,456	~(3,209
Increase/(decrease) In cash				141,469	96,949
Cash and cash equivalents	at	the
beginning of tha reporting	period			230 546	141,097
Cash and cash equivalents	at	the
end ofthe reporting period				300015	230546

Upton Kouse School Limited NOTES TO THE FINANCIAL STATEINENTS or the year ended 31 August 2022	Upton Kouse School Limited NOTES TO THE FINANCIAL STATEINENTS or the year ended 31 August 2022
3 FEE INCOME The School's activities are carried out within ths UK. The School's fee income comprised:		2022f	2021f
Gross fees Less: Discounts Less: Sursaries snd Scholarships		3,639,410 (157,955) (64,055)	3,118,821 (122,463) (82,207)
		3,417400	2914,151
Included within the above	M an amount offnil (2021:fnil) which relates to restricted Income.
4 OTHER EDUCATIONAL	INCOME	2022 f	2021
Extras and disbursements Registration fees Fees In lieu ofnotice Other Income		374,271 7,250 7,742	231,121 11,750 14,330 4,450
		339,263	264,654
Included within the above	is sn amount of8nil (2021:8nil) which relates to restricted	Income.
5 OTHER TRADING INCOME		2022f	2021f
Rent and lettings		1,269	4,915
		4 269	4 945
Included within the above Is an amount offnll (2021:fnll) which relates to restricted		income.
6 INVESTMENT INCOME		2022f	2021f
Interest received Dividend income		58 582	4 839
		618	643
Included within the above is an amount offnll (2021:fnil) which relates to restricted		Income.
7 DONATIONS AND GRANTS		2022 f.	2021f
Donations snd gifts Coronavlrus Job Retention Other grants	Scheme grant	5,656 1,478	5,643 7,399 790
		7,134	13,832

Costs ofRaising Funds	Staff costs (note 9) f	Other 6	Depreciation 6	Total 2022 6
Teaching Welfare	2,132,929 25,594	389,049 246,678		2,521,978 272,272
Premises and Estates	84,251	197,455	93,912	3?5,618
Administration	166,618	279,733	87,711	533,962
Finance Costs		18,198		18,198
Governance		23,020		23,020
Total Expended	2,409,292	1,154,133	181,623	3745,048
Included within teaching costs, other is an amount off1,478(2021:f790) relating			to restricted expenditure.
	Staff costs			Total
	(note 9)f	Otherf	DepreclaUon	2021 6
Teaching Welfare	1,868,805	269,293 204,811		2,138,098 204,811
Premises and Estates	51,316	213,068	91,967	356,351
Administration	268,580	258,469	89,207	616,256
Finance		12,826		12,826
Governance		23,860		23,860
Total Expended	2,188701	882,327	181174	3382,202
Governance Costs Include:			2022 6	2021 6
Auditors' remuneration
- Audit Fees			17,971	16,357
- Additional prior year audit fees incurred -Accountancy Fees -Other Audit services			1,143 2,790 1,116	1,143 3,540 2,820

	8	8
	EXPENDITURE (continued) Administration EFinance Costs					2022f	2021f
	Salaries					139,594	226,363
	National Insurance Pension Costs Other Staff Related Costs Operating Leases Postage and stationery Telephones Marketing and advertising					'I5,303 1'l,621 38,705 21.333 4,823 6,825 137,422	23,619 18,598 42,852 17,112 3,600 6,036 108,050
	Inspection costs Miscellaneous -Administration Bad debts Depreciation					3,149 10,742 17,580 87,711	2,673 13,535 9,633 89,207
	Legal and Professional Fees Bank charges and Interest					39,154 948	54,978 1,218
	Loan Interest Other Finance					826 16,424	1,239 10,369
						552,160	629,082
9 STAFF COSTS						2022f	2021f
	Wages and salaries					2,001,380	1,733,675
	Redundancy and settlement costs Social secudity costs					182,320	9,282 159,798
	Other pension costs					225,592	285,946
						2 499 292	2 188ttlt
	The average monthly number ofemployees		during		the year was as follows:	2022	2021
						No.	No.
	Teaching					66	57
	Premises					6	2
	Support					6	8
						78	67
	The number ofemployees	whose emoluments		exceeded
	f60,000 In the year was as follows:					2022	2021
						No.	No.
	f60,000 - f70,000 f70,001-f80,000					2	1
	f80,001 - f90,000
	f90,001 - f100,000
	f100,001 - f110,000

11	NET INCOME FOR THE YEAR
					2022f	2021f
	Net income is stated after charging:
	Depreciation oftangible fixed assets				181,625	181,175
	Loan Interest Operating lease rentals —other				828 21,333	1,239 17,112
	Auditor's remuneration
	Audit services for ths school- current	year			17,971	16,357
12	TANGIELE FIXEDASSETS		Plant	Fixtures
		Freehold	&	&	Motor
		Propertyf	Equipm ant	Fittingsf	Vehlckrsf	Totalf
	Cost:
	at 1 September 2021	4,598,431	409,609	1,068,971	49,175	6,124,186
	Additions	97,274		82,473		179,747
	at 31August 2022	4695705	4,09,6,119	1,149,444	49,175	6303,033
	Depreciation:
	at 1 September 2021	1,220,044	171,947	864,008	40,694	2,296,693
	Charge for year	93,914	20,481	62,141	5,089	18'l,625
	Dlsposals
	at 31 August 2022	1,313,958	192,428	926,149	45,783	2478 318
	Nst book value:
	at 31 August 2022	3381747	217101	223295	3.392	3025015
	st 31 August 2021	3378387	~23 6 2	202963	8401~30 7493
13	INVESTMENTS			Listed
				Investmentsf	2022f	2021 f
	Valuation at 1 September 2021			74,039	74,039	67,724
	Additions			562	562	639
	Gains/(Losses) arising from movements	in valuations		(3,485)	(3,485)	5,676
	Valuation at 31 August 2022			~71 16	71116	74 039

14	STOCK			2022f	2021f
	Stock Clothing			26	26
				28	26
15	DEBTORS			2022f	2021f
	Fees and extras			68,747	76,883
	Less provision	for doubfful	debts	(40,073)	(27,073)
	Prepayments and accrued		Income	40,376	57,667
				69050	107477
16	CREDITORS Amounts falling	due within	one yean	2022 f	2021 f
	Loans			10,648	43,457
	Trade creditors			164,805	46,834
	Taxatlon and social security costs			42,793	40,829
	Fee Deposits			10,100	9,500
	Fees In advance			385,131	479,058
	Other creditors			89,903	18,649
	Accruals			75,958	96,274
				778338	734831
	Deferred income:			2022 F	2021f
	Brought forward			479,058	325,437
	Released in year			(479,058)	(325,437)
	Received in year			385,131	479,058
	Carried forward			388 131	479,058


CREDITORS DUE AFTER ONE YEAR		2022f	2021f
Amounts falling due after more than one year;
Bank loan		35,803	46,450
School fee deposits		137,666	130,300
Fees In advance			10,366
		173489	187116
		2022 f	2021f
Movement on loans
In ons year or less		'I0,648	43,457
Between one and two years		10,648	10,648
Between two and five	years	25,155	31,945
After five years			3,857
		46~61	69 901
		2022 f	2021f
Deposits held maturing	es follows:
In one year or less		10,100	9,500
Between one and two	years	8,400	9,100
Between two and five	years	129266	121200
		147,766	139,800

					2022f	2021f
Carrying	amount	offinancial assets
Financial	assets	measured	at fair value through	profit and loss	71,116	74,039

		at 1 September			Transfer Between	Gains/	at 31 August 2022
		2021f	Incomef	Expenditure F	Fundsf	(losses)	f
Unrestricted	funds:
General reserve		3,233,601	3,813,588	(3,679,515)	(72,443)		3,295,231
Designated	fund/Bursarles	92,263	618	(64,055)	72,443	(3,485)	97,784
Total restricted			1,478	(1,478)
Total funds		3,325,864	3,815,684	(3,745,048)		(3,485)	3,393,015
		at 1 September			Transfer Between	Gains/	at 31 August 2021
		2020	Income E	Expenditure	Fundsf	(losses) 6	6
Unrestricted	funds:
General reserve		3,379,376	3,193,763	(3,269,205)	(70,333)		3,233,601
Designated	fund/Bursarles	97,822	639	(82,207)	70,333	5,676	92,263
Total restricted			790	(790)
Total funds		3,477,198	3,195,192	(3,352,202)		5,676	3,325,864

OTES TO THE FINANCIAL STATEMENTS r the year ended 31August 2022
20 ANALYSIS OF NET ASSETS BETWEEN FUNDS
	Unrestricted	Designated	Resbicted	2022
	funds	funds f	funds f	Total
Tangible fixed assets Investmsnts Current assets Current liabilities Long term liabilities	3,825,615 422,423 (779,338) (173,469)	71,116 26,668		3,825,615 71,116 449,091 (779,338) (173,469)
Total net assets	3295231	97 784		3393915
	Unrestricted	Designated	Restricted	2021
	funds f	funds	funds	Total f
Tangible ffxsd assets	3,827,493			3,827,493
Investments		74,039		74,039
Current assets	327,825	18,224		346,049
Current liabilities Long term liabilities	(734,601) (187,116)			(734,601) (187,116)
Total net assets	3 233 3111	92 263		3326864

Reconciliation ofoperaUng	Reconciliation ofoperaUng			2022f	2021f
operating activities
Net movemsnt in funds				67,151	(151,334)
Gains on Investments				3,485	(5,676)
Depreciation				181,625	181,174
Bank Interest received				(56)	(4)
Dividends received				(562)	(639)
Interest payable				(826)	(1,239)
Increase/(Decrease)	In creditors			74,546	168,240
(Increase)/Decrease	in debtors			38,427	(30,836)
(Increase)/Decrease	in stocks				871
				363730	160557
Analysis ofchanges	In nst debt
		AI1		Other non-
		September	Cash	cash	At 30August
		2021	flows	changes	2022
Cash and cash equivalents
Cash		238,546	141,469		380015
		238,546	141,469		380,015
Borrowlngs
Debt due within ons year		-43,457	43,457	-10,648	-10,648
Debt dus after one year		-46,450		10648	.35802
		-89,907	43,457		.46.450
Total		148,639	184,926		333,565