##
##
##
##
|Governors|Mr S R Honeywood, Chair|
|---|---|
||Mrs H J Buckingham|
||Mrs Z S N King (resigned 5 May 2022)|
||Mrs C E Godfrey|
||Mr F Robertson (appointed 15 March 2022)|
||Mr B Baber (appointed 20 June 2022)|
||Mr E Marland (appointed 17 November 2022)|
||Mrs L Manning (appointed 22 June 2023)|
||Mr M S Scragg (appointed 22 June 2023)|
|Company registered||
|number|00698102|
|Charity registered||
|number|310491|
|Registered office|Nowton Road|
||Bury St Edmunds|
||Suffolk|
||IP33 2BT|
|Headmistress|Mrs R O'Sullivan (to 26th April 2022)
Mrs S Catchpole (Acting Head, 26th April to 31st August 2022)
Mrs J Coventry-King (from 1st September 2022)|
|Independent auditors|Whitings LLP|
||Chartered Accountants|
||Statutory Auditor|
||Greenwood House|
||Greenwood Court|
||Skyliner Way|
||Bury St Edmunds|
||Suffolk|
||IP32 7GY|
|Bankers|Lloyds Bank Pic|
||25 Gresham Street|
||London|
||EC2V7HN|
|Solicitors|Greene & Greene|
||80 Guildhall Street|
||Bury St Edmunds|
||Suffolk|
||IP331QB|
##
##
##
##
##
##
##
|Autumn Term|98|42|
|---|---|---|
|Spring Term|96|49|
|Summer Term|98|57|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||Restricted Unrestricted|Restricted Unrestricted|Total|Total|
|---|---|---|---|---|---|
|||funds funds||funds|funds|
||Note|2022 2022
£ £||2022£|2021£|
|Income from:||||||
|Donations and legacies|2|1,030||1,030|1,504|
|Charitable activities|3||1,314,605|1,314,605|1,293,110|
|Surplus on disposal of freehold land|||87,330|87,330||
|Investments|||13|13|1,724|
|Other income|4||133,599|133,599|158,457|
|Total income||1,030|1,535,547|1,536,577|1,454,795|
|Expenditure on:||||||
|Charitable activities||4,085|1,690,713|1,694,798|1,651,657|
|Total expenditure||4,085 1,690,713||1,694,798|1,651,657|
|Net movement in funds||(3,055)|(155,166)|(158,221)|(196,862)|
|Reconciliation of funds:||||||
|Total funds brought forward||31,866|1,302,939|1,334,805|1,531,667|
|Net movement in funds||(3,055)|(155,166) (158,221)||(196,862)|
|Total funds carried forward||28,811|1,147,773|1,176,584|1,334,805|
##
##
||Note||2022
£||2021£|
|---|---|---|---|---|---|
|Fixed assets||||||
|Tangible assets|8||2,053,679||2,223,567|
||||2,053,679||2,223,567|
|Current assets||||||
|Debtors|9|26,369||42,963||
|Cash at bank and in hand||373,790||343,940||
|||400,159||386,903||
|Creditors: amounts falling due within one||||||
|year|10|(495,310)||(482,597)||
|Net current liabilities|||(95,151)||(95,694)|
|Total assets less current liabilities|||1,958,528||2,127,873|
|Creditors: amounts falling due after more||||||
|than one year|11||(781,944)||(793,068)|
|Total net assets|||1,176,584||1,334,805|
##
||Note|2022
£|2021£|
|---|---|---|---|
|Charity funds||||
|Restricted funds|12|28,811|31,866|
|Unrestricted funds|12|1,147,773|1,302,939|
|Total funds||1,176,584|1,334,805|
##
##
|||2022|2021|
|---|---|---|---|
||Note|£|£|
|Cash flows from operating activities||||
|Net cash used in operating activities|15|(61,984)|195,244|
|Cash flows from investing activities||||
|Proceeds from the sale of tangible fixed assets||186,880|1,800|
|Purchase of tangible assets|||(28,618)|
|Net cash provided by/(used in) investing activities||186,880|(26,818)|
|Cash flows from financing activities||||
|Loan interest paid||(95,046)|(91,473)|
|Net cash used in financing activities||(95,046)|(91,473)|
|Change in cash and cash equivalents in the year||29,850|76,953|
|Cash and cash equivalents at the beginning of the year||343,940|266,987|
|Cash and cash equivalents at the end of the year|16|373,790|343,940|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||Unrestricted
Total
Total|
|---|---|
||funds
funds
funds|
||2022
2022
2021|
||£
£
£|
|School fees receivable|1,302,524 1,302,524 1,282,740|
|Ancillary income|12,081 12,081 10,370|
||1,314,605 1,314,605 1,293,110|
|Total 2021|1,293,110 1,293,110|
||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2022£|2022£|2021£|
|Other incoming resources|37,300|37,300|27,064|
|Sports hall income|67,996|67,996|32,232|
|Furlough grant income|20,803|20,803|36,499|
|Other Government grants receivable|7,500|7,500|62,662|
||133,599|133,599|158,457|
|Total 2021|158,457|158,457||
##
##
##
##
|Governance costs||||
|---|---|---|---|
||Unrestricted|Total|Total|
||funds|funds|funds|
||2022£|2022£|2021£|
|Governance Auditors' remuneration|6,475|6,475|4,650|
|Governance Auditors' non audit costs|6,329|6,329|5,383|
|Governors indemnity insurance|265|265|519|
||13,069|13,069|10,552|
|Total 2021|10,552|^0,552||
##
|Analysis of total resources|expended|expended|expended|||
|---|---|---|---|---|---|
||Staff costs Depreciation Other costs|||Total|Total|
||2022
£|2022 2022
£ £||2022£|2021£|
|Teaching costs|663,141|5,085|108,436|776,662|846,433|
|Nursery teaching costs|137,882|||137,882|114,368|
|Welfare costs|42,737||51,843|94,580|99,498|
|Premises costs|49,825|60,030|170,953|280,808|259,131|
|Finance costs|||102,323|102,323|99,753|
|Donations|||49|49|686|
|Support costs|145,983|5,222|138,220|289,425|22^,732|
|Governance expenses|||13,069|13,069|^0,552|
|Total 2022|1,039,568|70,337|584,893|1,694,798|1,652,153|
|Total 2021|1,140,280|69,852|442,021|1,652,153||
##
##
##
||2022£|2021£|
|---|---|---|
|Wages and salaries|874,029|929,863|
|Social security costs|69,813|7^,655|
|Other pension costs|95,726|138,762|
||1,039,568|1,140,280|
||2022|2021|
|---|---|---|
||No.|No.|
|Teaching staff|20|20|
|Ancillary staff|10|9|
|Admin|5|10|
|Other|10|12|
||45|51|
|||2022|2021|
|---|---|---|---|
|||No.|No.|
|In the band £60,001|- £70,000|2||
|In the band £80,001|- £90,000||1|
##
##
##
##
||Long-term|||
|---|---|---|---|
||Freehold leasehold|Motor Fixtures and Education||
||property property vehicles fittings Equipment
£ £ ££ £
Total£|||
|Cost or valuation||||
|Ati September 2021|1,688,843 1,628,621|26,029 275,802|417,617 4,036,912|
|Disposals (99,551)|||(99,551)|
|At 31 August 2022|1,589,292 1,628,621|26,029 275,802|417,617 3,937,361|
|Depreciation||||
|Ati September 2021|960,104
249,143|24,917
171,099|408,081 1,813,344|
|Charge for the year|27,458
32,573|278
5,261|4,767 70,337|
|At 31 August 2022|987,562 281,716|25,195 176,360|412,848 1,883,681|
|Net book value||||
|At 31 August 2022|601,730 1,346,905|834
99,442|4,769 2,053,680|
|At 31 August 2021|728,739 1,379,478|1,112 104,703|9,536 2,223,568|
##
##
##
||2022
£|2021£|
|---|---|---|
|Due within one year|||
|Trade debtors|5,175|20,843|
|Prepayments and accrued income|21,194|22,-? 20|
||26,369|42,963|
##
|reditors: Amounts falling due within one year|||
|---|---|---|
||2022£|2021£|
|Bank loans|11,198|7,600|
|Income received in advance|383,984|37^,862|
|Trade creditors|8,165|3,677|
|Other taxation and social security|14,551|18,995|
|Other creditors|14,287|26,546|
|Accruals and deferred income|63,125|53,9^7|
||495,310|482,597|
##
||2022£|2021£|
|---|---|---|
|Bank loans|781,944|793,068|
##
##
##
##
|Statement of funds - current year||||
|---|---|---|---|
||Balance at 1|||
||September||Balance at 31|
||2021£|Income Expenditure August 2022
£ £ £||
|Unrestricted funds||||
|General Funds|1,302,939|1,535,547 (1,690,713) 1,147,773||
|Restricted funds||||
|Outgoing Charitable Donations Fund|2,496|245|(348)
2,393|
|South Lee PTA Fund|29,010|785|(3,737)
26,058|
|Pearl Music Prize|160||160|
|Citizen Foundation Fund|200||200|
||31,866|1,030|(4,085)
28,811|
|Total of funds|1,334,805|1,536,577 (1,694,798) 1,176,584||
##
##
##
|Statement of funds - prior year|||||
|---|---|---|---|---|
||Balance at|||Balance at|
||1 September
2020
£|Income Expenditure
£ £||31 August
2021£|
|Unrestricted funds|||||
|General Funds|1,499,004|1,453,291 (1,649,356)||1,302,939|
|Restricted funds|||||
|Outgoing Charitable Donations Fund|2,286|506|(296)|2,496|
|South Lee PTA Fund|30,077|998|(2,005)|29,010|
|Pearl Music Prize|160|||160|
|Citizen Foundation Fund|200|||200|
||32,663|1,504|(2,301)|31,866|
|Total of funds|1,531,667|1,454,795 (1,651,657)||1,334,805|
##
##
##
||Balance at 1|||
|---|---|---|---|
||September||Balance at 31|
||2021£|Income Expenditure August 2022
£ £ £||
|General funds|1,302,939|1,535,547|(1,690,713)
1,147,773|
|Restricted funds|31,866|1,030|(4,085)
28,811|
||1,334,805|1,536,577|(1,694,798) 1,176,584|
||Balance at|||Balance at|
|---|---|---|---|---|
||1 September|||31 August|
||2020£|Income Expenditure
£ £||2021£|
|General funds|1,499,004|1,453,291|(1,649,356)|1,302,939|
|Restricted funds|32,663|1,504|(2,301)|31,866|
||1,531,667|1,454,795|(1,651,657)|1,334,805|
##
||Restricted Unrestricted Total|
|---|---|
||funds funds funds|
||2022 2022 2022|
||£ £ £|
|Tangible fixed assets|17,188
2,036,491 2,053,679|
|Current assets|11,623
388,536 400,159|
|Creditors due within one year|(495,310) (495,310)|
|Creditors due in more than one year|(781,944) (781,944)|
|Total|28,811 1,147,773 1,176,584|
##
##
##
##
||Restricted Unrestricted|Total|
|---|---|---|
||funds funds|funds|
||2021 2021
£ £|2021£|
|Tangible fixed assets|18,093
2,205,475|2,223,568|
|Current assets|^3,773
373,131|386,904|
|Creditors due within one year|(482,597)|(482,597)|
|Creditors due in more than one year|(793,068)|(793,068)|
|Total|31,866 1,302,941|1,334,807|
##
||2022
£|2021£|
|---|---|---|
|Net expenditure for the year (as per Statement of Financial Activities)|(158,221)|(196,862)|
|Adjustments for:|||
|Depreciation charges|70,337|69,852|
|Profit on the sale of fixed assets|(87,330)|(803)|
|Decrease/(increase) in debtors|16,595|('25,694;|
|Increase in creditors|1,589|256,610|
|Loan interest charged|95,046|92,141|
|Net cash provided by/(used in) operating activities|(61,984)|195,244|
|nalysis of cash and cash equivalents|||
||2022£|2021£|
|Cash in hand|373,778|343,928|
|Notice deposits (less than 3 months)|12|12|
|Total cash and cash equivalents|373,790|343,940|
##
##
##
##
||Ati|||
|---|---|---|---|
||September||At 31|
||2021|Cash flows August 2022||
||£|£ £||
|Cash at bank and in hand|343,940|29,850|373,790|
|Debt due within 1 year|(7,600)|(3,598)|(11,198)|
|Debt due after 1 year|(793,068)|11,124|(781,944)|
||(456,728)|37,376|(419,352)|
##
##
##
##
|
under non-cancellable operating leases as follows:|||
|---|---|---|
||2022
£|2021£|
|Amounts payable|||
|Not later than 1 year|32,245|30,444|
|Later than 1 year and not later than 5 years|59,863|5,592|
||92,108|36,036|
##
##
##