2023-08-31-accounts

Directors	and Trustees
			Mr 8 Cartledge (Chair ofGovernors)
			Mrs C Almond (Resigned 7e July 2023)
			Ms J Crompton (Appointed 7e November 2023) Mr A Grounds (Resigned 1"November 2023)
			Mrs SGulamall (Appointed 27"November		2023)
			Dr A Haycock
			Mr J Matthews
			Ms A McNaney
			Mrs F Nijkamp-Lyell
			Mrs J O'Gorman
			Mrs S Peck (Resigned 7~ July 2023)
			Mrs N Shepherd (Resigned 18e January	2024)
			Mrs CTeasdale (Appointed 6e March 2024)
			Mr M Walker (Resigned 18'"January 2024)
Company	Secretary & Bursar		Mrs C Hughes
Company	Number		910924
Charity Number			310642
Principal	and Registered	Office	Chesham Preparatory School Trust Limited		(known	as Chesham	Preparatory
			School),Two Dells Lane, Orchard Leigh,	Chesham,		Bucks, HPS 3QF
Headmaster			Mr J Beale
School Address			Two Dells Lane, Orchard Leigh
			Chesham, Bucks
			HPS 3QF
Bankers			National Westminster Bank pic
			Chllterns Corporate Business Centre
			PO Box412, 2~ Floor, Rapid House
			Oxford Road, High Wycombe, Bucks
			HP11 2EF
Solicitors			Veale Wasborough Vizards LLP
			Narrow Quay House, Narrow Quay
			Bristol
			BS14QA
Insurance	Brokers		Marsh Limited
			Capital House, 1-5 Perrymount Road
			Haywards Heath, RH16 3SY
Auditor			Moore NHC Audit Limited
			First Floor, 73-75 High St
			Stevenage, Hertfordshire, SG13HR

Mr 8 Cartledge			(2)
Mrs CAlmond (resigned Mr A Grounds (resigned	7w July 2023) 1"November	2022)	(1)(3) (1)
Dr Haycock			(1)(3)
Mr J Matthews			(2)
Ms A McNaney			(1)
Mrs F Nijkamp-Lyell			(2)(3)
Mrs J O'Gorman			(1)
Mrs SPeck (resigned 7w	July 2023)		(2)
Mrs N Shepherd (resigned 18'"January		2024)	(1)(3)
Mr M Walker (resigned	18~ January 2024)

			Unrestricted		Total Funds for	Total Funds for
			Funds		the Year ended	the Year ended
		Notes	2023		31August 2023	31August 2022
			f		f	E
Income
Donations and
legacies: Donations						2,000
Other income			98,509		98,509	88,098
Income from
charitable activities:
School fees receivable			5,433,717		5,433,717	5,281,780
Other educational			208,385		208,385	160,557
income
Other ancillary	income		44,955		44,955	34,020
Total Income			5,785,566		5,785,566	5,566,455
Expenditure
Expenditure on
charitable activities:
Educational costs			4,038,859		4,038,859	4,033,011
Welfare costs			453,840		453,840	415,166
Premises costs			931,870		931,870	828,589
Financing cost			157,158		157,158	59,785
Governance costs			24,117		24,117	24,216
Total expenditure		5	5,605,844		5,605,844	5,360,767
Net Income			179,722		179,722	205,688
Transfers between
funds
Net movement	in		179,722		179,722	205,688
funds
Accumulated	funds brought		7,323,937	699	7,324,636	7,188,949
forward
Accumulated	funds carried			699	7,504,358	7,324,637
forward

alance sheet as	at 31Aug	ust 202	3
				2023		2022
		Notes		f		f
Fixed assets
Tangible assets				10,681,203		10,772,564
Current assets
Stock		9	7,389		7,956
Debtors		10	315,707		202,175
Cash at bank and in	hand		1,169,191		1,273,356
			1,492,287		1,483,487
Creditors: amounts	falling due	11	(1,214,862)		(1,456,341)
within one year
Net current (liabilities) / assets				277,425		27,146
Total assets less current				10,958,628		10,799,710
liabilities
Creditors: amounts	falling due	12		(3,454,270)		(3,475,073)
after more than one year
Net assets				7,504,358		7,324,637
Accumulated funds
Restricted fund		Page	13 ik note 15	699		699
Unrestricted funds:
General funds			Page 13	7,503,659		7,323,938
				7,504,358		7,324,637

tatement ofcash flows for the ye	ar	ended 31A	ugust 2023
			2023	2022
			E	E
Cash flows from operating activities
Net cash provided by operating activities (note (a))			138,633	542,665
Cash flows from investing activities
Purchase of property, plant and equipment Proceeds from sale			(434,289) 248,891	(677,665)
Net Cash Inflow Before Financing			(46,765)	(135,000)
Cash flows from financing activities
Repayments of borrowing			(57,399)	(142,115)
Net cash used in financing activities			(57,399)	(142,115)
Change in cash and cash equivalents in the year			(104,165)	(277,115)
Cash and cash equivalents at the beginning		ofthe	1,273,356	1,550,471
reporting period
Cash and cash equivalents at the end ofthe			1,169,191	1,273,356
reporting period
Notes tothe cash flow statement
(a) Reconciliation ofoperating surplus cash flow from operating activities		to net	2023 E	2022 E
Net income for the reporting period			179,722	205,688
Adjustments for: Depreciation			347,623	336,521
(Profit)/Loss on disposal offixed (Increase)/Decrease In stock (Increase)/Decrease In debtors	assets		(70,860) 566 (113,532)	5,566 7,789
Increase/(Decrease) in creditors			(204,886)	(12,899)
Net cash provided by operating	activities		138,633	542,665

Notes	to cash flow statement (continued)	to cash flow statement (continued)	to cash flow statement (continued)
(b)	Reconciliation ofnet cash flow in net debt/funds		to	movement		2023 f	2022 6
	Increase/(Decrease) in cash	in the		year		(104,165)	(277,115)
	Cash used to repay loans					57,400	142,115
	Change in net debt resulting	from		cash flow		(46,765)	(135,000)
	Net debt at 1September 2022					(2,112,364)	(1,977,364)
	Net debt at 31August 2023					(2,159,129)	(2,112,364
(c)	Analysis ofchange In net debt		1september		Cash	Other non- cash	31August
				2022	flow	changes	2023
				f	f	f	6
	Cash at bank and in hand			1,273,356	(104,165)		1,169,191
	Debt due within one year			(130,172)	55,172		(75,000)
	Debt due after one year		(3,255,548)		2,226		(3,253,320)
			(2,112,364)		(46,765)		(2,159,129)

3.	Other	Income			Year ended	Yearended
					31August 2023 6	31August 2022 f
		Donations-	Unrestricted
		Donations-	Restricted			2,000
						2,000
		Other Income
		Sundry			90,451	87,845
		Interest			8,058	253
					98,509	88,098
		Other educational		Income
		Registration School trliss	fees		12,900 164,945	10,900 117,410
		Late club fees			30,540	32,247
					208,385	160,557
		Other ancillary income
		School bus	fares		44,955	34,020
		Rental Income
					44,955	34,020
		Total			351,849	284,675

Staff costs
				Year ended		Yearended
					31Aug	31Aug
					2023	2022
					f	f
Wages and salaries Social Security costs Pension contributions				2,799,706 278,307 506,571		2,814,517 278,129 498,218
				3,584,584		3,590,864
				Year ended		Yearended
					31Aug	31Aug
					2023	2022
					Number	Number
The average monthly		head count was 90staff (2022 —93staff and			the
average monthly	number of full time equivalent		persons employed		was:
Teaching					60	63
Premises					3	3
Administration	and	Minibus drivers			12	13
					75	79
The number ofemployees		who earned more than f60,000		on an annualised basis was
					2023	2022
					Number	Number
f60,001to f70,000
f70,001to f80,000
f80,001to f90,000
f90,001to f100,000

						Depreci-
							Year	Year
			staff	Direct	Support		ended 31	ended 31
			Costs	Costs	Costs	ationn	Aug 2023	Aug 2022
			f	6	f	f	f	6
Charitable
expenditure Educationa I costs			3,356,285	477,024	113,536	92,014	4,038,859	4,033,011
Welfare	costs		15,000	436,090	2,750		453,840	415,166
Premises	costs		204,299	427,962	44,000	255,609	931,870	828,589
Financing costs Governance			9,000		157,158 15,117		157,158 24,117	59,785 24,216
			3,584,584	1,341,076	332,561	347,623	5,605,844	5,360,767
Flnandng		costs
							2023	2022
							6	f
Interest	payable on bank loan						155,740	58,513
Bank charges							1,418	1,272
							157,158	59,785

	2023 6	2022f
Bursar's time	9,000	9,000
Audit fee	15,117	14,961
Trustees meeting expenses		255
	24,117	24,216

Support costs agocatlon
	Wages and salaries	Advertising and Promotlons	Postage arid	Printing and stationery	Legal and Professional	Subscrlptlons	Sundry	Totalforyear ended 31Aug 2023		Totalforyear ended 31Aug 2022
	E	E	telephone	6	E	6	6		6		E
			E
Charitable
eapendlture
Educational			15,894	23,424	41,107	7,782	61,739		556,896		629~3
costs Welfare costs Premises	15,000 15,000			1,750 1,750					17,550 17,550		17,550 17,550
costs	398,225	38,725	17,494	26,924	41,107	7782	61,739		592„r66		664,483

						Freehold
						Land and	Furniture
			portakabins		f	Buildings E	and Equipment	Mower f	Total f
							f
Cost:
1September	2022		326,029			13,367,675	1,072,246	34,242	14,800,192
Additions						364,324	69,965		434,289
Disposals						(153,673)	(76,158)		(229,831)
31August 2023			326,029			13,578,326	1,066,053	34,242	15,004,650
Depreciation:
1September	2022		326,029			2,821,702	845,655	34,242	4,027,628
Charge for the						255,609	92,014		347,623
year
Disposals						(22,514)	(29,290)		(51,804)
31August 2023			326,029			3,054,797	908,379	34,242	4,323,447
Net book value:
31August 2023						10,523,529	157,674		10,681,203
31August 2022						10,545,973	226,591		10,772,564
All tangible fixed		assets are		held	for use by the Charity.
Assets included		in freehold		land	and buildings that are not depreciated			amount tof740,816	(2022—
E740,816).
Stock
								2023	2022
								E	f
Educational	sup	plies						7,389	7,956

ued	j
10.	Debtors
						2023	2022
						6	f
	Trade debtors					27,729	11,265
	Other debtors					109'040	84,740
	Prepayments					178,938	106,170
						315,707	202,175
11.	Creditors: amounts	falling due within		one year		2023 f	2022 6
	Bank loans (Note 13)					75,000	130,172
	Payroll taxes					77,484	72,578
	Trade creditors					58,184	359,724
	Other creditors					106,484	101,015
	Accruals					68,695	62,834
	Deferred Income (Note 14)					829,015	730,022
						1,214,862	1,456,345
12.	Creditors: amounts	falling due after more than one year				2023 f	2022 6
	Bank loans (Notes 13)					3,253,320	3,255,548
	Pupil deposits					200,950	219,525
						3,454,270	3,475,073
Deposits are payable before		pupils	attend school and are repayable		on leaving.	The Trustees	consider
that	the amount shown above fairly		represents	deposits repayable	after 31August 2023 and		which includes
deposits ofapproximately f34,450			repayable	after more than five	years (2022 - E31,825).
13.	Bank loans					2023 6	2022 f
	The bank loans —repayable		by instalments:
	Due within one year					75,000	130,172
	Due between two and five years					225,000	390,516
	Due more than five	years				3,028,320	2,865,032
						3,328,320	3,385,720

Balance at 1September 2022:
Due within one year	730,022
Due after more than one year
	730,022
Released in year	(730,022)
Invoiced In year	829,015
Balance at 31August 2023 all due within one year	829,015

	2023 f	2022f
Not later than 1year	40,466	49,341
Later than 1year and not later than 5years	19,414	73,193
Total	59,880	122,534