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||||||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|
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||||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|
##
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||||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|
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|||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||
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|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||
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|||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||
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||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||
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||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|
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|||||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.|
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|||||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|
##
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|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||
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|||||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|
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|||||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|
##
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||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|
##
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|||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|
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|||||||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|||||
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|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|
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|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)|