2022-08-31-accounts

					Page
Reference and administrative		details ofthe company,	its Governors	and advisers
Governors'	report				2-10
Independent	auditors' report	on the financial statements			11-15
Consolidated	statement offinancial activities				16
Consolidated	balance sheet				17
Company balance sheet					18-19
Consolidated	statement ofcash flows				20
Notes to the	financial statements				21 - 40

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Note	2022	2022	2022 6	2021f
Income from:
Donations and legacies			35,886		35,886	54,156
Charitable activities			5,801,312		5,801,312	5,183,517
Other trading activities			72,748		72,748	76,829
Investments			1,890		1,890	1,338
Total Income			5,911,836		5,911,836	5,315,840
Expenditure on:
Raising funds			77,141		77,141	67,488
Charitable activities			5,919,077		5,919,077	5,290,143
Total expenditure			5,996,218		5,996,218	5,357,631
Net movement In funds			(84,382)		(84,382)	(41,791)
Reconciliation offunds:
Total funds brought	forward		4,499,857	1,000	4,500,857	4,542,648
Net movement in funds			(84,382)		(84,382)	(41,791)
Total funds carried forward			4,415,475	1,000	4,416,475	4,500,857

			CONSOLIDATED	BALANCE SHEET
			AS AT 31AUGUST 2022
				2022		2021
			Note	6
Fixed assets
Tangible assets			12	3,733,430		3,407,776
				3,733,430		3,407,776
Current assets
Stocks			14	58,691	50,978
Debtors			15	298,712	280,195
Cash at bank and	in	hand		2,225,376	2,066,521
				2,582,779	2,397,694
Creditors: amounts	falling		due within one
year			16	(1,899,734)	(1,304,613)
Net current assets				683,045		1,093,081
Total assets less	current		liabilities	4,416,475		4,500,857
Net assets excluding		pension asset		4,416,475		4,500,857
Total net assets				4,416,475		4,500,857
Charity funds
Restricted funds			18	1,000		1,000
Unrestricted funds			18	4,415,475		4,499,857
Total funds				4,416,475		4,500,857

			COMPANY	BALANCE SHEET
			AS AT 31 AUGUST 2022
			Note	2022f		2021f
Fixed assets
Tangible assets			12	3,733,430		3,407,776
Investments			13	1		1
				3,733,431		3,407,777
Current assets
Stocks			14	7,314	7,423
Debtors			15	348,526	313,918
Cash at bank and	in hand			2,225,074	2,066,445
				2,580,914	2,387,786
Creditors: amounts	falling due within one
year			16	(1,894,967)	(1,302,139)
Net current assets				685,947		1,085,647
Total assets less	current liabilities			4,419,378		4,493,424
Net assets excluding		pension asset		4,419,378		4,493,424
Total net assets				4,419,378		4,493,424
Charity funds
Restricted funds			18	1,000		1,000
Unrestricted funds			18	4,418,378		4,492,424
Total funds				4,419,378		4,493,424

		Unrestricted	Total	Total
		funds	funds	funds
		2022f	2022 6	2021
Donations		35,886	35,886	26,406
Government	Grants			27,750
		35,886	35,886	54,156
Total 2021		54,156	54,156

Unrestricted	Total	Total
funds	funds	funds
2022	2022f	2021f
3,935,524	3,935,524	3,637,245
1,596,347	1,596,347	1,358,239
269,441	269,441	188,033
5,801,312	5,801,312	5,183,517
5,183,517	5,183,517

		Unrestricted	Total	Total
		funds	funds	funds
		2022	2022	2021
		8	F	5
Shop income		72,748	72,748	76,829
Total 2021		76,829	76,829
Investment	Income
		Unrestricted	Total	Total
		funds	funds	funds
		2022f	2022 5	2021
Investment	income - bank interest	1,890	1,890	1,338
Total 2021		1,338	1,338

	Unrestricted
	funds	Total	Total
	2022	2022	2021
	E	E
Upper School	4,122,134	4,122,134	3,661,812
Lower School	1,538,493	1,538,493	1,404,968
Kindergarten	258,450	258,450	223,363
	5,919,077	5,919,077	5,290,143
Total 2021	5,290,143	5,290,143

	Activities
	undertaken	Support	Total	Total
	directly	costs	funds	funds
	2022f	2022 F	2022 F	2021f
Upper School	2,712,544	1,409,590	4,122,134	3,661,812
Lower School	1,075,188	463,305	1,538,493	1,404,968
Kindergarten	175,142	83,308	258,450	223,363
	3,962,874	1,956,203	5,919,077	5,290,143
Total2021	3,588,193	1,701,950	5,290,143

				2022	2021f
Fees payable	to the company's	auditor	for the audit ofthe company's
annual accounts				11,340	11,310
Fees payable	to the company's	auditor	in respect of:
All non-audit	services not included above			2,148	2,148

Staff costs
				Group	Group	Company	Company
				2022f	2021f	2022f	2021
Wages and	salaries			3,045,550	2,807,625	3,035,922	2,797,942
Social security costs				301,990	275,488	301,827	275,241
Contribution	to defined	contribution	pension
schemes				483,967	483,206	483,874	483,094
				3,831,507	3,566,319	3,821,623	3,556,277

				Group	Group
				2022	2021
				No.	No.
Teaching	staff			40	42
Domestic	&	non-teaching	staff	13	14
Adminitrative		staff		14	13
Nursery				6	6
				73	75

Group	Group
2022	2021
No.	No.

				Assets
	Freehold	Motor	Fixtures and	under
	property	vehicles	fittings	construction	Total
	E	E	E	E
Cost or valuation
At 1 September 2021	4,180,979	15,382	1,645,941	160,479	6,002,781
Additions			213,389	337,087	550,476
Dlsposals	(3,939)		(781,138)		(785,077)
Transfers between classes	334,782			(334,782)
At 31 August 2022	4,511,822	15,382	1,078,192	162,784	5,768,180
Depreciation
At 1 September 2021	1,383,282	15,382	1,196,341		2,595,005
Charge for the year	81,260		139,771		221,031
On disposals	(2,889)		(778,397)		(781,286)
At 31 August 2022	1,461,653	15,382	557,715		2,034,750
Net book value
At 31 August 2022	3,050,169		520,477	162,784	3,733,430
At 31August 2021	2,797,697		449,600	160,479	3,407, 776
Company
				Assets
	Freehold	Motor	Fixtures and	under
	property	vehicles	fittings	construction	Total
	E	E	E	E	E
Cost or valuation
At 1 September 2021	4,180,979	15,382	1,645,941	160,479	6,002,781
Additions			213,389	337,087	550,476
Disposals	(3,939)		(781,138)		(785,077)
Transfers between classes	334,782			(334,782)
At 31 August 2022	4,511,822	15,382	1,078,192	162,784	5,768,180

Company (continued)
				Assets
	Freehold	Motor	Fixtures and	under
	propertyf	vehicles 6	fittings 6	construction	Total
Depreciation
At 1 September 2021	1,383,282	15,382	1,196,341		2,595,005
Charge for the year	81,260		139,771		221,031
On disposals	(2,889)		(778,397)		(781,286)
At 31 August 2022	1,461,653	15,382	557,715		2,034,750
Net book value
At 31 August 2022	3,050,169		520,477	162,784	3,733,430
At31August 2021	2,797,697		449,600	160,479	3,407,776

	Investments
	In
	subsidiary
company	companies6
Cost or valuation
At 1 September 2021
At 31 August 2022
Net book value
At 31 August 2022
At 31August 2021

				Group	Group	Company	Company
				2022f	2021 f	2022	2021
	Finished	goods and goods for resale		58,691	50,978	7,314	7,423
15.	Debtors
				Group	Group	Company	Company
				2022f	2021 f	2022 f	2021 f
	Due within one year
	Trade debtors			97,973	78,294	99,977	80,367
	Amounts	owed by group undertakings				48,216	32,610
	Other debtors			5,690	22,682	5,375	21,782
	Prepayments		and accrued income	195,049	179,219	194,958	179,159
				298,712	280,195	348,526	313,918

				Group	Group	Company	Company
				2022 K	2021f	2022	2021
	Trade creditors			113,141	104,368	112,028	103,767
	Other taxation and social security			71,228	70,885	71,228	70,885
	Other creditors, accruals and deferred		income	1,715,365	1,129,360	1 711711	1,127,487
				1,899,734	1,304,613	1,894,967	1,302,139
				Group	Group	Company	Company
				2022f	2021f	2022f	2021f
	Deferred Income and fees In advance
	Deferred Income at 1 September			299,104	323,713	299,104	323,713
	Resources deferred during	the year		1,031,333	360,327	1,031,333	360,327
	Resources released during	the year		(556,496)	(384,936)	(556,496)	(384,936)
	Deferred Income at 31 August			773,941	299,104	773,941	299,104
17.	Financial Instruments
				Group	Group	Company	Company
				2022 F	2021 f	2022 6	2021 f
	Financial assets
	Financial assets measured	at fair value
	through income and expenditure			2,225,376	2,066,521	2,225,074	2,066,445

Statement	of	funds -current	year
			Balance at 1				Balance at
			September			Transfers	31 August
			2021	Income	Expenditure	In/out	2022
			F	K		6	6
Unrestricted		funds
General Funds - all funds			1,092,081	5,911,836	(5,775,187)	(546,685)	682,045
Fixed asset fund			3,407,776		(221,031)	546,685	3,733,430
			4,499,857	5,911,836	(5,996,218)		4,415,475
Restricted	funds
Restricted	Funds - all funds		1,000				1,000
Total offunds			4,500,857	5,911,836	(5,996,218)		4,416,475

	Baiance at				Balance at
	1September			Transfers	31August
	2020	income	Expenditure	in/out	2021
	2
Unrestricted funds
General Funds - all funds	1,298,524	5,315,840	(5,163,264)	(357,019)	1,092,081
Fixed asset fund	3,192,124		('/94,387)	410,019	3,407,776
	4,488,648	5,315,840	(5,357,631)	53,000	4,499,857
Restricted funds
Restricted Funds - all funds	1,000				1,000
Comrie scholarship	53,000			(53,000)
	54,000			(53,000)	1,000
Total offunds	4,542,648	5,315,840	(5,357,631)		4,500,857

Summary	offunds -cu	rrent year
		Balance at 1				Balance at
		September			Transfers	31August
		2021	Income	Expenditure	In/out	2022
		6	6		6	6
General funds		4,499,857	5,911,836	(5,996,218)		4,415,475
Restricted	funds	1,000				1,000
		4,500,857	5,911,836	(5,996,218)		4,416,475

		Balance al				Belance at
		1September			Transfers	31August
		2020	Income	Expenditure	/nloutf	2021f
General funds		4,488,648	5,315,840	(5,357,631)	53,000	4,499,857
Restricted	funds	54,000			(53,000)	1,000
		4,542,648	5,315,840	(5,357,631)		4,500,857

Analysis	of n	et assets between funds - cur	rent year
			Unrestricted	Restricted	Total
			funds	funds	funds
			2022f	2022 E	2022 F
Tangible	fixed	assets	3,733,430		3,733,430
Current	assets		2,581,779	1,000	2,582,779
Creditors	due	within one year	(1,899,734)		(1,899,734)
Total			4,415,475	1,000	4,416,475

Analysis	of n	et assets between funds - prio	r year
			Unrestricted	Restricted	Total
			funds	funds	funds
			2021f	2021	2021
Tangible	fixed	assets	3,407,776		3,407,776
Current	assets		2,396,694	1,000	2,397,694
Creditors	due	within one year	(1,304,613)		(1,304,613)
Tl			4,499,857	1,000	4,500,857

						Group
						2022	2021
						6
	Net expenditure for the year (as per Statement				of Financial Activities)	(84,382)	(41,791)
	Ad)ustments for:
	Depreciation charges					221,031	194,365
	Dividends, interests	and rents from Investments				(1,890)	(1,338)
	Loss/(profit) on the sale offixed assets					3,541	(100)
	Decrease/(increase)		in stocks			(7,713)	396
	Decrease/(increase)		in debtors			(20,521)	108,821
	Increase In creditors					597,125	(50,699)
	Net cash provided	by operating		activities		707,191	209,654
22.	Analysis ofcash and cash equivalents.
						Group	Group
						2022	2021
						5
	Cash in hand					2,225,376	2,066,521
	Total cash and cash		equivalents			2,225,376	2,066,521
23.	Analysis ofchanges		in net debt

payments	und	er non-cancellable operating lease	s as follows:
			Group	Group	Company	Company
			2022f	2021f	2022f	2021
Amounts	payable:
Not later than		1 year	18,339	30,201	18,339	30,201
Later than	1 year and not later than 5years		56,965	45,855	56,965	45,855
Total			75,304	76,056	75,304	76,056

Name			Income	Expenditure	Pl'ofltj(Loss)	Net assets
			F	6	ISurplus/	E
					(Deficit) for
					the year
SMS	(Colchester)	Limited	78,298	88,635	(10,337)	(2,902)