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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|
##
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|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|result to nst cash Inflow from|||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|