2023-08-31-accounts

			Page
Reference and Administrative		Details ofthe Charity, its Trustees and Advisers
Trustees' Report			2-6
Trustees' Responsibilities Statement
Independent Auditors'	Report	on the Financial Statements	8-11
Statement of Financial	Activities		12
Balance Sheet			13
Statement of Cash Flows			14
Notes to the Financial	Statements		15-29

REFERENCE AND	REFERENCE AND	REFERENCE AND	ADMINISTRATIVE		DETAILS	DETAILS	DETAILS	OF THE CHARITY, ITSTRUSTEES AND ADVISERS
			FOR THE YEAR ENDED 31AUGUST 2023
Trustees			R G Ellice, Chair
			LSaggers (resigned				1 January 2023)
			C Petherbridge	(resigned				1 November 2022)
			K Hitch
			J M Templeton-Knight
			A EJohnson
			S K Penney
			JWadge
			M Welby (appointed				1 January 2023)
			T Haste (appointed			1	January 2023)
Company	registered
number			00721476
Charity registered
number			310876
Registered		office	Hillingdon House
			Hobbs Cross Road
			Old Harlow
			Essex
			CM17 ONJ
Company	secretary		Y Mardel
Independent		auditors	Haslers
			Chartered Accountants
			Old Station Road
			Loughton
			Essex
			IG104PL
Bankers			Barclays Bank Pic
			Harlow Water Gardens
			Harlow
			CM20 1AN
			Close Brothers Treasury
			4th Floor
			10Crown Place
			London
			EC2A 4FT
			COIF Charity Funds
			Senator House
			85 Queen Victoria		Street
			London
			EC4V4ET

				Unrestricted	Total	Total
				funds	funds	funds
				2023	2023	2022
			Note
Income from:
Donations and	legacies		3	150,794	150,794	163,234
Charitable activities			4	6,399,434	6,399„434	5,673,142
Investments			5	37,951	37,951	5,277
Total income				6,588,179	6,588,179	5,841,653
Expenditure on:
Charitable activities				6,016„513	6,016,513	5,164,465
Total expenditure				6,016,513	6,016,513	5,164,465
Net movement	in funds			571,666	571„666	677,188
Reconciliation	offunds:
Total funds brought		forward		4,621,519	4,621,519	3,944,331
Net movement	in funds			571,666	571,666	677,188
Total funds carried		forward		5,193,185	5,193,185	4,621,519

					2023		2022
			Note
Fixed assets
Tangible assets					5,207,602		4,555,391
					5,207,602		4,555,391
Current assets
Debtors			12	124,590		152,961
Cash at bank and	in hand			2,026,371		2,037,779
				2,150,961		2,190,740
Creditors: amounts	falling	due within one
year			13	(1,206,662)		(1,172,757)
Net current assets					944,299		1,017,983
Total assets less	current	liabilities			6,151,901		5,573,374
Creditors: amounts	falling	due after more
than one year			14		(958,716)		(951,855)
Total net assets					5,193,185		4,621,519
Charity funds
Restricted funds			16
Unrestricted funds			16		5,193,185		4,621,519
Total funds					5,193,185		4,621,519

			2023f	2022
Cash flows from operating	activities
Net cash used in operating	activities		809,691	1,000,731
Cash flows from investing	activities
Dividends, interests and rents from investments			37,951	5,277
Purchase oftangible fixed assets			(828,079)	(417,122)
Net cash used in investing	activities		(790,128)	(411,845)
Cash flows from financing	activities
Repayments of borrowing			(30,971)	(80,085)
Net cash used in financing	activities		(30,971)	(80,085)
Change in cash and cash	equivalents in	the year	(11,408)	508,801
Cash and cash equivalents	at the beginning	ofthe year	2,037,779	1,528,978
Cash and cash equivalents	at the end of	the year	2,026,371	2,037,779
The notes on pages 15to 29form part ofthese financial statements

				Unrestricted	Total	Total
				funds	funds	funds
				2023	2023	2022
	Grants
	EYFS Funding			90,993	90,993	111,534
	Government	grants
	CJRS Funding					1,523
	Subtotal grants			90,993	90,993	113,057
	Donations			14,801	14,801	5,177
	Donated services and facilities			45,000	45,000	45,000
	Subtotal			59,801	59,801	50,177
				150,794	150,794	163,234
	Total 2022			163,234	163,234
4.	Income from	charitable	activities

	Unrestricted	Total	Total
	funds	funds	funds
	2023	2023	2022
		F
Hire income	19,678	19,678	16,883
Tuition and other fees	6,379,756	6„379,756	5,656,259
	6,399,434	6,399„434	5,673,142
Total 2022	5,673,142	5,673,142

	Activities	Grant
	undertaken	funding of	Support	Total	Total
	directly	activities	costs	funds	funds
	2023	2023	2023	2023	2022
			E
Tuition and other fees	5,682,225		230,710	5,912,935	5,048,096
Grants		103,578		103,578	1'/6,369
	5,682,225	103,578	230,710	6,016,513	5,164,465
Total 2022	4,853,815	116,369	194,281	5,164,465

				Total	Total
				funds	funds
				2023f	2022
Staff costs				3,876,030	3,458,331
Rates and water				17,752	30,210
Insurance				50,936	60,806
Light and heat				176,718	96,338
Telephone				31,514	27,299
Postage and stationery				3,035	3,639
Advertising				29„511	46,178
Sundries				83,050	61,799
Outings, lunches,		sports etc.		256,208	118,417
Educational books			& materials	175„406	121,647
Travel expenses		&course fees		36,147	21,654
Sports &swimming			expenses	10,934	10,140
Repairs and maintenance				203,176	120,361
Household cleaning and refuse				134,010	109,129
Subscriptions				16„358	7,472
Computer support			costs	44,442	33,322
Bad debts				(10,071)	8,777
Catering contract				405,900	409,265
Donations &collections				2,865	923
Teachers social				5,318	5,135
Nursery costs				1,601	611
Other operating	leases			131,385	102,362
				5,682,225	4,853,815

		Total	Total
		funds	funds
		2023	2022
Depreciation		175,869	127,404
Interest payable		28,484	31,195
Auditor's remuneration		23„493	19,253
Legal and professional	fees	1,990	13,369
Bank charges		874	699
Stables expenditure			2,361
		230,710	194,281

			2023	2022
Fees payable to the Charity's	auditor for the audit ofthe Charity's	annual
accounts			14,256	11,880

				2023	2022
				F
Wages and	salaries			3,078,410	2,715,178
Social security costs				302,185	270,579
Contribution	to defined	contribution	pension schemes	495,435	472,574
				3,876,030	3,458,331

		2023	2022
		No.	No.
School	staff	100	92

2023	2022
No.	No.

				Long-term
			Freehold	leasehold	Office	Computer
			property	property	equipment	equipment	Total
	Cost or valuation
	At 1 September 2022		1,761,857	4,794„630	677,425	38,943	7,272,855
	Additions		384„872	276,898	165,458	851	828,079
	At 31 August	2023	2,146,729	5,071,528	842,883	39,794	8,100„934
	Depreciation
	At 1 September 2022		91,630	2,202,370	400,446	23,018	2,717,464
	Charge for the year		39,173	97,068	37,844	1„784	175,869
	At 31 August	2023	130,803	2,299„438	438,290	24,802	2,893,333
	Net book value
	At 31 August	2023	2,015,926	2,772,090	404„593	14,992	5,207,601
	At 31August	2022	'/, 670,227	2,592,260	276,979	15,925	4,555,391
12.	Debtors
						2023f	2022
	Due within one year
	Trade debtors					17,786	62,778
	Other debtors					2,759
	Prepayments	and accrued income				104,045	90,183
						124,590	152,961

			2023 F	2022f
Bank loans			31,810	30,972
Trade creditors			368,724	387,822
Other taxation	and social security		76,571	67,229
Other creditors			60,982	59,124
Accruals and deferred		income	668,575	627,610
			1„206,662	1,172,757

		2023	2022
Bank	loans	920,045	951,855
Other	creditors	38,671
		958,716	951,855

										2023	2022f
Financial	assets
Financial	assets	measured	at	fair	value	through	income	and	expenditure	2,026,371	2,037,779

Analysis	ofn	et assets between funds -current year
			Unrestricted	Total
			funds	funds
			2023	2023
Tangible	fixed	assets	5,207,602	5,207,602
Current	assets		2,150,961	2„150,961
Creditors	due	within one year	(1,245,333)	(1,245,333)
Creditors	due	in more than one year	(920,045)	(920,045)
Total			5,193,185	5,193,185

Analysis	of n	et assets between funds - prior year
			Unrestricted	Total
			funds	funds
			2022	2022
Tangible	fixed	assets	4555391	4,555,391
Current	assets		2,190,740	2,190,740
Creditors	due	within one year	(1,172,757)	(1,172,757)
Creditors	due	in more than one year	(951,855)	(951,855)
Total			4,621,519	4,621,519

								2023	2022
	Net income for the year (as per Statement					of Financial	Activities)	571,666	677,188
	Adjustments for:
	Depreciation charges							175,869	127,404
	Dividends,	interests	and rents from		investments			(37,951)	(5,277)
	Decrease/(increase)		in debtors					28,370	(70,150)
	Increase	in creditors						71,737	271,566
	Net cash	provided	by operating		activities			809,691	1,000,731
20.	Analysis	ofcash and		cash equivalents
								2023	2022
								F
	Cash in hand							2,026,371	2,037,779
	Total cash and cash			equivalents				2,026,371	2,037,779
21.	Analysis	ofchanges		in net debt
							At 1
							September		At 31
							2022	Cash flows	August 2023
	Cash at bank and in		hand				2,037,779	(11,408)	2,026,371
	Debt due	within 1 year					(30,972)	(838)	(31,810)
	Debt due	after 1 year					(951,853)	31,808	(920,045)
							1,054,954	19,562	1,074,516

cancellable	operating leases as follows:
		2023	2022
Not later than 1 year		28,397	28,450
Later than	1 year and not later than 5years	68,525	37,762
Later than	5years	135,603	143,220
		232„525	209,432