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2022-08-31-accounts

Trustee's Report			1 to 7
Statement ofTrustee's		Responsibilities
Independent Examiner's		Report
Statement of Financial		Activities	10
Balance Sheet
Cash Flow Statement			12
Notes to the Financial	Statements		13to 26

Trustee				Chard Independent	Chard Independent	Chard Independent	School	School
Directors	of	Chard	Independent	Mrs S M Dare
				Mr M Ferland	(resigned 31 March 2022)
				Mr N Mayfield
				Mrs E Sherman
				Mr N Child (resigned			13July 2022)
				Mr T Moran
				Mrs A Lightfoot
				Mrs A L Poole	(appointed			24 November	2022)
Headteacher				Mrs K Hill NPQH		BAEd (Hons)
Charity Registration			Number	310219
Principal	Office			Chard School
				Fore Street
				Chard
				Somerset
				TA20 1QA
Independent		Examiner		Francis Clark	LLP
				Ground Floor
				Blackbrook Gate		1
				Blackbrook Business			Park
				Taunton
				Somerset
				TA1 2PX

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31 August	20	22
						2022	2021
					Note
Fixed assets
Tangible assets					10	51,783	54,734
Investments					11	1,319	1,619
						53,102	56,353
Current assets
Stocks					12		906
Debtors					13	131,885	156,499
Cash at bank	and	in hand			14	255,943	176,427
						387,828	333,832
Creditors: Amounts			falling due within one year		15	(41,522)	(38,100)
Net current assets						346,306	295,732
Total assets	less	current		liabilities		399,408	352,085
Creditors: Amounts			falling due after more than one year		16	(39,978)	(40,192)
Deferred income					17	(172,508)	(153,404)
Net assets						186,922	158,489
Funds ofthe	charity:
Endowment						8,111	9,533
Unrestricted	income		funds
Unrestricted						178,811	148,956
Total funds					21	186,922	158,489

Cash Flow Statement Year Ended 31 August	2022
			Note	2022 E	2021f
Cash flows from operating activities
Net cash income/(expenditure)				28,433	(36,559)
Adjustments to cash flows from non-cash		items
Depreciation				2,951	2,948
Investment income				(14)	(19)
Revaluation of investments				300	44
				31,670	(33,586)
Working capital adjustments
Decrease/(increase) in stocks			12	906	(906)
Decrease/(increase) in debtors			13	24,614	(13,661)
Increase in creditors			15	5,532	8,040
Increase/(decrease) in deferred	income		16	19,104	(3,327)
Net cash flows from operating	activities			81,826	(43,440)
Cash flows from investing activities
Interest receivable and similar	income			14	19
Cash flows from financing activities
Repayment of loans during the	period			(2,324)	(1,667)
Net increase/(decrease) in cash and cash equivalents				79,516	(45,088)
Cash and cash equivalents at	1 September			176,427	221,515
Cash and cash equivalents at	31 August			255,943	176,427

2 Income fro	m	dona	tions and legacies
				Unrestricted
				funds	Total	Total
				Generalf	2022	2021
Donations and	legacies:
Donations				8,921	8,921	3,865
Grants, including		capital grants:
Small business		grant	fund	5,845	5,845	2,604
Furlough grant				837	837	20,611
Government	funded		interest			1,042
				15,603	15,603	28,122

						Unrestricted
						funds	Total	Total
						Generalf	2022f	2021f
	Preparatory	school fees				349,932	349,932	350,904
	Pre-preparatory		school fees			104,349	104,349	91,751
	Other educational			charitable	activities	20,462	20,462	13,880
						474,743	474,743	456,535
4	Investment		income
						Unrestricted
						funds
							Total	Total
						Generalf	2022f	2021f
Interest receivable				and similar	income;
	Interest receivable on bank deposits					14	14	19
5	Other income
						Unrestricted
						funds
							Total	Total
						General	2022	2021
Business interruption				insurance	claim	100,000	100,000
Rental income						16,015	16,015	15,402
						116,015	116,015	15,402
6	Expenditure		on	charitable	activities
					Activity
					undertaken	Activity	Total	Total
					directlyf	support costsf	2022f	2021f
					533,854	43,788	577,642	534,973

					Other
		Governance	Insurance	Establishment	sUpport	Total	Total
		costs	costs f	costs f	costsf	2022	2021
Charity	activities	10,534	15,191	11,093	6,970	43,788	46,407

Governance	costs
				Unrestricted
				funds	Total	Total
				General	2022	2021
Independent	examiner		fees
Examination	ofthe financial statements			3,163	3,163	3,188
Teachers pension		review		594	594	582
Legal and professional			fees	1,595	1,595	1,519
Other governance		costs		5,182	5,182	9,067
				10,534	10,534	14,356

9 Staff costs The aggregate payroll costs were as follows:
	2022f	2021
Staff costs during the year were:
Wages and salaries	366,376	360,041
Social security costs	27,946	21,950
Pension costs	64,194	64,178
Other staff costs	521	233
	459,037	446,402

10Tangible fixed assets
	Land and	Computer
	buildings	equipment	Total
		F
Cost
At 1 September 2021	115,843	7,719	123,562
At 31 August 2022	115,843	7,719	123,562
Depreciation
At 1 September 2021	64,128	4,700	68,828
Charge for the year	1,698	1,253	2,951
At 31 August 2022	65,826	5,953	71,779
Net book value
At 31 August 2022	50,017	1,766	51,783
At 31 August 2021	51,715	3,019	54,734

11 Fixed asset	investments
		Listed
		investments	Total
Valuation
At 1 September	2021	1,619	1,619
Revaluation		(300)	(300)
At 31 August 2022		1,319	1,319
Net book value
At 31 August 2022		1,319	1,319
At 31 August 2021		1,619	1,619

12Stock
	2022	2021
Stocks		906
13Debtors
	2022	2021
Trade debtors	110,819	129,534
Other debtors	9,553	16,307
Prepayments	11,513	10,658
	131,885	156,499
14Cash and cash equivalents
	2022	2021
Cash on hand	301	125
Cash at bank	255,642	176,302
	255,943	176,427

15Creditors:	amo	unts	falling d	ue within one year
					2022	2021
					f.
Trade creditors					6,369	5,111
Other loans					6,031	8,141
Other taxation	and	social security				6,154
Other creditors					17,127	16,194
Accruals					11,995	2,500
					41,522	38,100
16Creditors:	amounts		falling due aAer one year
					2022	2021
						F
Other loans					39,978	40,192
17 Deferred income
					2022	2021
Deferred income at 1 September				2021	153,404	156,731
Resources deferred		in the period			172,508	153,404
Amounts released		from	previous	periods	(153,404)	(156,731)
Deferred income at 31 August 2022					172,508	153,404

21 Funds
		Balance at 1			Other	Balance at
		September	Incoming	Resources	recognised	31 August
		2021	resources	expended f	gains/(losses)	2022
Unrestricted	funds
General		148,956	606,311	(576,156)	(300)	178,811
Endowment	funds
Permanent		9,533		(1,422)		8,111
Total funds		158,489	606,311	(577,578)	(300)	186,922
		Balance at 1			Other	Balance at
		September	Incoming	Resources	recognised	31 August
		2020	resources	expended	gains/(losses)	2021
		F			F	F
Unrestricted	funds
General		183,895	500,014	(534,909)	(44)	148,956
Endowment	funds
Permanent		11,153		(1,620)		9,533
Total funds		195,048	500,014	(536,529)	(44)	158,489

Fund ba	lances at 31August 202	2 are represented by:
		Unrestricted	Endowment
		funds	funds
		General funds	Permanent funds	Total funds
Tangible	fixed assets	51,783		51,783
Fixed asset investments		1,319		1,319
Current	assets	379,717	8,111	387,828
Current	liabilities	(41,522)		(41,522)
Non-current liabilities		(39,978)		(39,978)
Deferred	income	(172,508)		(172,508)
Total net assets		178,811	8,111	186,922

Fund ba	lances at 31August 202	1 are represented by:
		Unrestricted	Endowment
		funds	funds
		General funds	Permanent funds	Total funds
Tangible	fixed assets	54,734		54,734
Fixed asset investments		1,619		1,619
Current	assets	324,299	9,533	333,832
Current	liabilities	(38,100)		(38,100)
Non-current liabilties		(40,192)		(40,192)
Deferred	income	(153,404)		(153,404)
Total net assets		148,956	9,533	158,489