2023-08-31-accounts

Trustee's Report			1	to 11
Statement ofTrustee's		Responsibilities		12
Independent Examiner's		Report		13
Statement of Financial		Activities		14
Balance Sheet				15
Cash Flow Statement				16
Notes to the Financial	Statements		17	to 30

Reference and Administr	ative Details
Trustee	Chard Independent School
Directors of Chard Independent	Mrs S M Dare
	Mr N Mayfield (resigned 9 February 2024)
	Mrs E Sherman (resigned 12July 2023)
	Mr T Moran
	Mrs A Lightfoot (resigned 11 January 2024)
	Mrs A L Poole (appointed 24 November	2022	and	resigned	12
	July 2023)
	Mrs G L Buckley (appointed 11January 2024)
	Mr M A Buckley (appointed 11January 2024)
	Mrs A M Dugdale (appointed 1 March 2024)
	Mr S Hull (appointed 21 September 2023)
	Ms Z Prien (appointed 23 January 2024)
	Mr J M Salt (appointed 11 January 2024)
	Mr M D Sitch (appointed 8 February 2024)
	Mr TWootten (appointed 11January 2024)
	Rev. D Perreau (appointed 10 August	2023	and	resigned	8
	February 2024)
	Mrs A Dugdale (appointed 1 March 2024)
	Mr PJ Higgs (appointed 12March 2024)
Headteacher	Mrs K Hill NPQH BAEd (Hons)

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31 August	20	23
					2023	2022
				Note
Fixed assets
Tangible assets				10	49,384	51,783
Investments				11	1,203	1,319
					50,587	53,102
Current assets
Debtors				12	142,681	131,885
Cash at bank	and	in hand		13	201,665	255,943
					344,346	387,828
Creditors: Amounts			falling due within one year		42,468)	41,522
Net current assets					301,878	346,306
Total assets	less	current liabilities			352,465	399,408
Creditors: Amounts			falling due after more than one year	15	(34,104)	(39,978)
Deferred income				16	165,902	172,508)
Net assets					152,459	186,922
Funds ofthe charity:
Endowment					3,035	8,111
Unrestricted	income		funds
Unrestricted					149,424	178,811
Total funds				20	152,459	186,922

					2023	2022
				Note
Cash flows from operating activities
Net cash (expenditure)/income					(34,463)	28,433
Adjustments to cash flows from non-cash			items
Depreciation					2,988	2,951
Investment income					(36)	(14)
Revaluation of investments					116	300
					(31,395)	31,670
Working capital adjustments
Decrease in stocks						906
(Increase)/decrease in debtors				12	(10,796)	24,614
Increase in creditors				14	946	5,532
(Decrease)/increase in deferred		income		15	(6,606)	19,104
Net cash flows from operating		activities			(47,851)	81,826
Cash flows from investing activities
Interest receivable and similar		income		4	36	14
Purchase oftangible fixed assets				10	(589)
Net cash flows from investing	activities				(553)	14
Cash flows from financing activities
Repayment of loans during the		period			(5,874)	(2,324)
Net (decrease)/increase in cash and cash equivalents					(54,278)	79,516
Cash and cash equivalents at		1 September			255,943	176,427
Cash and cash equivalents at	31 August				201,665	255,943

2 Inco	me	from	donations and legacies
				Unrestricted
				funds	Total	Total
				General	2023f	2022
Donations		and legacies:
Donations				3,987	3,987	8,921
Grants,	including		capital grants:
Small	business		grant fund			5,845
Furlough		grant				837
				3,987	3,987	15,603

3	Income from	Income from	charitable	charitable	charitable	activities	activities
								Unrestricted
								funds	Total	Total
								General F	2023f	2022f
	Preparatory	school			fees			353,361	353,361	349,932
	Pre-preparatory			school fees				161,420	161,420	104,349
	Other educational				charitable		activities	16,567	16,567	20,462
								531,348	531,348	474,743
4	Investment	income
								Unrestricted
								funds
									Total	Total
								General	2023	2022
									E
Interest receivable				and similar			income;
	Interest receivable				on bank	deposits		36	36	14
5	Other income
								Unrestricted
								funds
									Total	Total
								General	2023	2022
Business interruption					insurance		claim			100,000
Rental income								17,685	17,685	16,015
								17,685	17,685	116,015
6	Expenditure		on		charitable		activities
							Activity
							undertaken	Activity	Total	Total
							directly	support costs	2023	2022f
							541,382	46,021	587,403	577,642

Support	costs	allocated to charitable activities	allocated to charitable activities	allocated to charitable activities
					Other
		Governance	Insurance	Establishment	support	Total	Total
		costs	costs f	costs f	costs	2023f	2022
Charity	activities	13,927	16,474	8,236	7,384	46,021	43,788

Governance	costs
					Unrestricted
					funds	Total	Total
					General	2023f	2022
Independent	examiner		fees
Examination	ofthe financial			statements	4,232	4,232	3,163
Teachers pension		review			760	760	594
Legal and professional			fees		1,276	1,276	1,595
Other governance		costs			7,659	7,659	5,182
					13,927	13,927	10,534

9 Staff costs The aggregate payroll costs were as follows:
	2023f	2022f
Staff costs during the year were:
Wages and salaries	391,821	366,376
Social security costs	32,740	27,946
Pension costs	68,058	64,194
Other staff costs	998	521
	493,617	459,037

							2023	2022
							No	No
Average	number	of	employees	during	the	year	22	23

10Tangible fixed assets
	Land and	Computer
	buildingsf	equipment	Total
Cost
At 1 September 2022	115,843	7,719	123,562
Additions		589	589
At 31 August 2023	115,843	8,308	124,151
Depreciation
At 1 September 2022	65,826	5,953	71,779
Charge for the year	1,696	1,292	2,988
At 31 August 2023	67,522	7,245	74,767
Net book value
At 31 August 2023	48,321	1,063	49,384
At 31 August 2022	50,017	1,766	51,783

11 Fixed asset investments
	Listed
	investmentsf	Totalf
Valuation
At 1 September 2022	1,319	1,319
Revaluation	(116)	(116)
At 31 August 2023	1,203	1,203
Net book value
At 31 August 2023	1,203	1,203
At 31 August 2022	1,319	1,319

12Debtors
	2023f	2022f
Trade debtors	122,710	110,819
Other debtors	9,815	9,553
Prepayments	10,156	11,513
	142,681	131,885

13C	ash	and cash equivalents
			2023	2022f
Cash	on	hand	444	301
Cash	at	bank	201,221	255,642
			201,665	255,943

14Creditors:	amo	unts	falling d	ue within one year
					2023f	2022 f.
Trade creditors					3,548	6,369
Otherloans					6,031	6,031
Other taxation	and	social security			7,262
Other creditors					18,102	17,127
Accruals					7,525	11,995
					42,468	41,522
15Creditors:	amounts		falling due after one year
					2023	2022f
Other loans					34,104	39,978
16Deferred income
					2023f	2022 E
Deferred income at 1 September				2022	172,508	153,404
Resources deferred		in the period			165,902	172,508
Amounts released		from	previous	periods	(172,508)	(153,404)
Deferred income at 31 August 2023					165,902	172,508

20 Funds
		Balance at 1			Other	Balance at
		September	Incoming	Resources	recognised	31 August
		2022f	resources	expended f	gains/(losses) f	2023 f
Unrestricted	funds
General		178,811	552,992	(582,263)	(116)	149,424
Endowment	funds
Permanent		8,111		(5,076)		3,035
Total funds		186,922	552,992	(587,339)	(116)	152,459
		Balance at 1			Other	Balance at
		September	Incoming	Resources	recognised	31August
		2021f	resources f	expended f	gains/(losses) f	2022f
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

Fund ba	lances at 31 August 202	3 are represented by:
		Unrestricted	Endowment
		funds	funds
		General funds	Permanent funds	Total funds
Tangible	fixed assets	49,384		49,384
Fixed asset investments		1,203		1,203
Current	assets	341,311	3,035	344,346
Current	liabilities	(42,468)		(42,468)
Non-current liabilities		(34,104)		(34,104)
Deferred	income	(165,902)		(165,902)
Total net assets		149,424	3,035	152,459

Fund ba	lances at 31 August 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 liabilties		(39,978)		(39,978)
Deferred	income	(172,508)		(172,508)
Total net assets		178,811	8,111	186,922