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||||||Unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|Fund|||
|||||Notes||||2022|2021|
|||||||||f|E|
|INCOME AND ENDOWMENTS||||FROM:||||||
|Donations
and legacies|||||591|||591|1,383|
|Charitable
activities||(disconfinued|||operations):|||||
|School fees||||2|||||8,990|
|Investments|||||84,286|634|282|85,202|51,460|
|Total income|||||84,877|634|282|85,793|61,833|
|EXPENDITURE:||||||||||
|Charitable
activities:||||||||||
|Expenditure|||||4,571|35,390|346|40,307|35,915|
|Total expenditure|||||4,571|35,390|346|40,307|35,915|
|Net income/(expenditure)||||||||||
|and net movement|in|funds|||80,306|(34,756)|(64)|45,486|25,918|
|(Losses}/gains
on||||||||||
|investments|||||(175,899)|||(175,899)|58,332|
|Net (expenditure)/income|||for the|||||||
|reporting
period|||||(95,593)|(34,756)|(64)|(130,413)|84,250|
|Total funds at 1 November|||2021||7,090,592|63,499|10,424|7,164,515|7,080,265|
|Total funds at 31October|||2022||6,994,999|28,743|10,360|7,034,102|7,164,515|
##
||||||||Restated|
|---|---|---|---|---|---|---|---|
||||Notes||2022||2021f|
|Fixed assets||||||||
|Investments
at cost|||||4,659,081||3,509,081|
|Current assets||||||||
|Debtors|||7|18,987||1,174,460||
|Investments|||8|1,907,433||2,083,332||
|Cash at bank and|in hand|||453,123||399,342||
|||||2,379,543||3,657,134||
|Liabilities||||||||
|Creditors: amounts
within one year||falling due|9|~4,022||1,200||
|Net current assets|||||2,375,521||3,655,934|
|Net assets|||||7,034,602||7,165,015|
|The funds ofthe charity||||||||
|Called up share capital|||10||500||500|
|Endowment
fund|||11||10,360||10,424|
|Restricted
income|funds||11||28,743||63,499|
|Unrestricted
income||funds:|11|||||
|General funds|||||||5,590,592|
|Designated
funds|||||6,994,999||1,500,000|
|Total charity funds|||||7,034,602||7,165,015|
||||||Notes|2022f|2021f|
|---|---|---|---|---|---|---|---|
|Cash inflow/(expended)|by operating||activities||13|1,118,579|797,494|
|Cash flows from investing||activities||||||
|Investment
income||||||85,202|51,460|
|Purchase ofinvestments|||||||(2,025,000)|
|Purchase ofshares
in joint|venture
company|||||(1,150,000)||
|Cash (expended)lprovided||by investing||activities||||
|Increase/(decrease)
in cash and cash|||equivalents|||||
|in the year|||||12|53,781|(2,711,034)|
|Cash and cash equivalents||at the start||ofthe year||399,342|3,170,376|
|Cash and cash equivalents||at the end||ofthe year||453,123|399,342|
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||||||
|---|---|---|---|---|
|Income from charitable|activities - School fees||2022f|2021|
|School fees||||8,990|
|Less: bursaries
and awards|||||
|||||8,990|
|Investment
income|||2022|2021f|
|Interest on investments|||56,452|18,710|
|Interest on loan to Wychwood||School (Oxford) Limited|28,750|32,750|
||||85,202|51,460|
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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||F|F|
||Support costs|||||4,570|(1,915)|
|||Bursaries
paid to Wychwood|||School (Oxford) Limited|35,737|37,830|
|||||||40,307|35,915|
|5|Analysis ofsupport||costs|||2022|2021f|
|||Miscellaneous|costs|||3,130|(3,115)|
|||Independent|examination|||1,440|1,200|
|||||||4,570|1,915|
|6|Fixed|Asset Investments||||||
|||||||2022|2021|
||Share|of net assets|in joint venture —valued on equity|||||
||method|||||||
||Investment
in Wychwood|||School (Oxford) Limited —49%of net||||
||assets|||||4659081|3509 081|
##
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|7|Debtors||||||2022||2021|
|---|---|---|---|---|---|---|---|---|---|
||||||||E,|||
||Other debtors||||||18,987|24.460||
||Loan to joint venture
company|||||||1,150,000||
||||||||18,987|1,174,460||
||Loan to Wychwood
School (Oxford) Limited|||||||||
||Wychwood
School (Oxford)
Limited||was advanced|||E1,150,000 to finance|school development.|The|loan|
||was made available
for five years and attracted
interest at a rate of 3% above the Bank of England
rate, or 3% in the event that the Bank of England
base rate fell below 0%.The loan was converted||||||||base
into|
||ordinary
shares
in Wychwood|School (Oxford) Limited on 22 August 2022.||||||||
|8|Investments
held as current|assets|||||2022||2021|
||||||||F|||
||Market value as at 31 October|2021|||||2,083,332|||
||Purchase 103,866.93Income|Units|in|||||||
||the COIF Investment
Fund|||||||2,025,000||
||Revaluation
(shortfall)/surplus||||||(175,899)|58,332||
||Investments
at open market valuation||||||1,907,433|2,083,332||
|9|Creditors: amounts
falling due within|||one year|||2022||2021|
||||||||||K|
||Accruals and deferred
income||||||4,022|1,200||
||||||||4,022|1,200||
|10|Share capital|||2022||2021|2022||2021|
|||||No||No||||
||Allotted,
called up and fully paid:|||||||||
||Ordinary
shares ofF1 each|||500||500|500||500|
##
##
||||Unrestricted|Restricted|Endowment|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Fund||
|||||E|E||
|At 1 November 2021|||7,090,592|63,499|10,424|7,164,515|
|Net movement||in the year|(95,593)|(34,756)|(64)|(130,413)|
|At 31 October||2022|6,994,999|28,743|10,360|7,034,102|
|Represented||by:|||||
|Fixed assets|||4,659,081|||4,659,081|
|Net current assets|||2,335,918|28,743|10,360|2,375,021|
||||6,994,999|28,743|10,360|7,034,102|
|The directors||have designated|F6,994,999of unrestricted|funds to be used to support||development
of|
|the school
in|the joint venture||company.||||
|Restricted
income funds comprise:|||||||
||||||Schuller||
|||||Bursary|Memorial|Total|
|||||Fund|Fund||
|||||E|||
|At 1 November||2021||40,088|23,411|63,499|
|Net movement||in the year||35,390|634|34,756|
|At 31 October||2022||4,698|24,045|28,743|
|Represented|by:||||||
|Net current assets||||4,698|24,045|28,743|
|||||4,698|24,045|28,743|
##
##
|||||At|1||||At 31|
|---|---|---|---|---|---|---|---|---|---|
||||November|||||Non-cash|October|
|||||2021
F||Cash|flows|changes|2022f|
|Cash at bank and|in hand|||399,342|||53,781||453,123|
|Total||||399,342|||53,781||453,123|
|Reconciliation
ofnet movement||||in funds|to net|cash|flow from|operating
activities||
|||||||||2022|2021|
|||||||||F||
|Net (expenditure)/income||||||||||
|for the reporting
period||||||||(130,413)|84,250|
|Shorffall/(surplus)|on the revaluation|||of investments||||175,899|(58,322)|
|Investment
income||||||||(85,202)|(51,460)|
|Decrease/(increase)|in debtors|||||||1,155,473|(515,781)|
|Increase/(decrease)|in creditors|||||||2,822|(256,171)|
|Net cash inflow/(expended)||on|operating||activities|||1,118,579|797,494|
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