# 



|Governors|||||Mr C H J Clayden<br>(Chair)|Mr C H J Clayden<br>(Chair)|(appointed<br>06 December|(appointed<br>06 December|
|---|---|---|---|---|---|---|---|---|
||||||2022)||||
||||||Mr P A Kendall<br>(Deputy Chair)||||
||||||Mr<br>ISElliott (resigned 06 December 2022)||||
||||||Mr D G Emkes||||
||||||Ms AJ Godfrey||||
||||||Dr LA Johnson<br>(resigned||05 April 2022)||
||||||Mr C E Lilley||||
||||||Mrs S O' Sullivan||||
||||||Mr AJ Robson||||
||||||Mr<br>I A Sheldon||||
||||||Mr J LStevens||||
||||||Mr JW Tweddle||||
||||||Mr D A EWilliams||||
||||||Mr Z Khawaja<br>(appointed||08 December 2021)||
|Key Management||Personnel|||||||
|||||Head|Ms L McDonald<br>(resigned||31 July 2022)||
||||interim|Head|Mr RJP Stabley (01|July 2022||to 31 Dec2022)|
|||Senior|Deputy|Head|Ms J Leighton||||
||Bursar|8 Company Secretary|||Mrs G P Dippenaar|(appointed||1 Nov 2021)|
||Deputy Head Academic||||Ms L E O'Hare||||
|||Deputy Head Pastoral|||Mrs A T Caldwell<br>(resigned 31August 2022)||||
|||Head of Pre||Prep|Mrs G A Emmerson|(resigned||31 August 2022)|
|||Head of Upper School|||Ms A M Warren||||
|||Head ofLower||Prep|Mrs S Robinson||||
||Head of Digital Learning||||Mr<br>I Kay||||
|Charity Number|||||311054||||
|Company|Number||||947085||||
|Registered|Office|&Principal Address|||Edge Grove School||||
||||||Aldenham<br>Village||||
||||||Watford||||
||||||Hertfordshire||||
||||||WD25 8NL||||
|Auditors|||||Taylor Cocks LLP||||
||||||The Courtyard||||
||||||Shoreham<br>Road||||
||||||Upper Beeding, Steyning||||
||||||West Sussex<br>BN44 3TN||||
|Bankers|||||Barclays Bank Pic||||
||||||11 Bank Court, Marlowes,||||
||||||Hemel Hempstead,||||
||||||Herffordshire<br>HP11|1BX|||





|||||Page|
|---|---|---|---|---|
|Governors'|Report (incorporating||the Strategic Report)|1-12|
|Statement<br>of Governors'||Responsibilities||13|
|Auditor's<br>Report||||14-16|
|Consolidated|Statement|of Financial Activities||17|
|Consolidated|Balance Sheet|||18|
|School Balance Sheet|||||
|Consolidated|Cash Flow|Statement||20|
|Notes to the|Financial Statements|||21-33|





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||||Notes|Unrestricted|Designated|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Funds|2022|2021|
|||||6|6|6|6|6|
|INCOME FROM:|||||||||
|Donations,<br>grants and legacies|||6||43,299|5,050|48,349|79,112|
|Other trading<br>activities|||7|127,693|||127,693|124,039|
|Investments|||8|3,543|||3,543||
|Charitable<br>activities|||9|7,638,902|||7,638,902|7,172,180|
|Other income|||10|18,207|||18207|109,445|
|Total income||||7,788,345|43,299|5,050|7,836,694|7,484,776|
|EXPENDITURE ON:|||||||||
|Raising funds||||107,895|||107,895|91,818|
|Charitable<br>activities||||7,267,253|29,300|4,614|7,301,167|6,773,922|
|Total expenditure||||7,375,148|29,300|4,614|7,409,062|6,865,740|
|Net income||||413,197|13,999|436|427,632|619,036|
|Transfers<br>between|funds||26||||||
|Net movement<br>in|funds|||413,197|13,999|436|427,632|619,036|
|Fund balances brought||forward|26|7,172,815|14,674|4,910|7,192,399|6,573,363|
|Fund balances carried||forward|26|7,586,012|28,673|5,346|7,620,031|7,192,399|





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||Notes|2022||2021||
|---|---|---|---|---|---|
|FIXEDASSETS||||||
|Tangible assets|14|10.365.010||10,364,295||
|Intangrble<br>annals - goodeill|18|193.181||214,645||
||||10,558,191||10,576,940|
|CURRENT ASSETS||||||
|Stock||38,555||5.733||
|Debtors|'IF|244,805||301,796||
|Cash at bank and in hand||1.002,848||1,417,199||
|||1,285408||1,724,126||
|CURRENT LIABIUTIES||||||
|Creditors due wimin one year||1,362,093||1,64'!,404||
|NET CURRENT ASSETSI{LIABILITIES)|||{76,795)||83,324|
|TOTAL ASSETS LESSCURRENT ASSETS|||10,481,396||10,662,264|
|LONG TER)S LIABILITIES||||||
|Creditors due after ona year|||2,881,365||3,469,685|
|NET ASSETS|||7,620,031||7,192.499|
|REPRESENTED BY:||||||
|RESTRICTED FUNDS|||5,346||4,910|
|UNRESTRICTED FUNDS||||||
|General funds||7,586,012||7,172,815||
|Designated<br>funda||28,673||14,674||
||||||7,187,489|
||||||7,192,399|






## 

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||Notes|2022||2D21||
|---|---|---|---|---|---|
|FIXEDASSETS||||||
|Tangibie Assets||10,363,358||10,362,556||
|Investments||194,325||2i6,119||
||||10,557,683||10,578,675|
|CURRENTASSETS||||||
|Stack||35,655||5.733||
|Doblors|17|243.805||301,796||
|Cash at bank and<br>in hand||1,002,848||1.417,199||
|||1,285„208||1,724,728||
|CURRF NT LIABILITIES||||||
|Creditors due within one year|18|1,382„003||1,541,404||
|NET CURRENT ASSETS|||78,795||83,324|
|TOTAL ASSETSLESSCURRENT ASSETS|||||10,661.999|
|LONG TERM LIABILITIES||||||
|Creditors due after one year|19||2,861,365||3,489,865|
|NETCURRENT ASSETSfiLIABILITIESj|||7„619,523||7,192,134|
|REPRESENTED BV:|26|||||
|RESTRICTED FUNDS||||||
|UNRESTRICTED FUNDS||||||
|Cenera1 keCk||7,585,504||7,172,550||
|Designated<br>funCk||28,673||14,674||
||||7,614,177||7,187.224|
||||7,619,523||7,192,134|






## 

|||||Notes|2022||2021||
|---|---|---|---|---|---|---|---|---|
|Cash flows from operating<br>activities:|||||||||
|Net income/expenditure<br>for the|year||||427,632||619,036||
|Adjustments<br>for:|||||||||
|Depreciation<br>charges||||14|441,237||411,303||
|Goodwill amortisation|||||21,464||21,459||
|Dividends,<br>interest<br>and rents from investments|||||(3,543)||||
|Finance charges|||||107,895||91,818||
|(Increase)/decrease<br>in stocks|||||(32,822)||33,701||
|(Increase)/decrease<br>in debtors||||17|57,991||(201,392)||
|Increase/(decrease)<br>in creditors||||18,19|(461,716)||||
|Net cash provided<br>by operating|activities|||||558,138||832,731|
|Cash flows from investing<br>activities:|||||||||
|Dividends,<br>interest and rents from investments||||8|3,543||||
|Finance charges|||||(107,895)||(91,818)||
|Purchase oftangible fixed assets|||||||||
|Net cash used in investing<br>activities||||||(546,304)||(719,197)|
|Cash flows from financing<br>activities:|||||||||
|New finance leases|||||19,094||19,094||
|Capital element of hire purchase|and finance leases||||(37,036)||(19,037)||
|Repayments<br>of borrowing|||||||(279,144)||
|Net cash provided<br>by financing|activities|||||(426,185)||(279,087)|
|Change<br>in cash and cash equivalents||in the|year|||(414,351)||(165,553)|
|Cash and cash equivalents<br>at the beginning|||ofthe year|||1,417,199||1,582,752|
|Cash and cash equivalents<br>at the end||ofthe year||||1,002,848||1,417,199|
|Analysis<br>ofcash and cash equivalents|||||||||
|Cash at bank and<br>in hand||||||1,002,848||1,417,199|
|Bank overdraft|||||||||
|Total cash and cash equivalents||||||1,002,848||1,417,199|





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|Tangible|fixed assets and depreciation|fixed assets and depreciation|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Tangible|fixed assets other than freehold||land|are stated at|cost less depreciation.|||Depreciation|is|provided||at|
|rates calculated<br>to write||offthe cost less|estimated<br>residual||value ofeach asset over its expected|||||useful|life|as|
|follows:|||||||||||||
|Freehold|land is not depreciated||||||||||||
|Freehold|buildings|||2% straight||line|||||||
|Leasehold|buildings|||2% straight||line|||||||
|Fixtures,|fittings and equipment|||10%and 25%straight|||line||||||
|(including|ITequipment|at 25% straight|line)||||||||||
|Motor vehicles||||25% straight||line|||||||
|Leasehold|improvements|||5%straight||line|||||||



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||||UNRESTRICTED|DESIGNATED|RESTRICTED|TOTAL|TOTAL|
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||||6|F|
|Donations||||43,299|5,050|48,349|37,954|
|Furlough|grants|(CJRS)|||||41,158|
|||||43,299|5,050|48,349|79,112|



|7|INCOME FROM OTHER|TRADING|ACTIVITIES|||||
|---|---|---|---|---|---|---|---|
|||UNRESTRICTED||DESIGNATED|RESTRICTED|TOTAL|TOTAL|
|||||||2022|2021|
|||||||F|f.|
||Lettings income||45,500|||45,500|40,199|
||Rental income||82,193|||82,193|83,840|
||||127,693|||127693|124039|
|8|INCOME FROM INVESTMENTS|||||||
|||UNRESTRICTED||DESIGNATED|RESTRICTED|TOTAL|TOTAL|
|||||||2022|2021|
||Interest receivable||3,543|||3,543||
||||3,543|||3,543||



## 

|||||||TOTAL|TOTAL|
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
||||||||6|
||Gross school fees|||||7,740,984|7,919,161|
||less Covid-19|realignment|||||(226,560)|
||less bursaries|and allowances||||(477,825)|(638,528)|
||Net school fees|||||7,263,159|7,054,073|
||Add:|||||||
||Registration<br>fees|||||20,505|17,823|
||Extras income|||||154,399|44,105|
||Learning<br>support||income|||5,706|17,782|
||Other ancillary|income||||195,133|38,397|
|||||||7,638,902|7,172,180|
|10|OTHER INCOME|||||||
|||||||TOTAL|TOTAL|
|||||||2022|2021|
||||||||F|
||Sundry income (including|||insurance|claims)|18,207|109,445|





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|11|ANALYSIS OF EXPENDITURE|ANALYSIS OF EXPENDITURE||||||
|---|---|---|---|---|---|---|---|
||||Staff|Depreciation|Other|Total|Total|
||||Costs||costs|2022|2021|
||||6|||8|6|
||Cost of raising funds:|||||||
||Financing costs||||107,895|107,895|91,818|
||Total cost ofraising funds||||107,895|107,895|91,818|
||Charitable<br>expenditure:|||||||
||Education|||||||
||Teaching||3,927,367|200,206|459,790|4,587,363|4,155,721|
||Welfare||135,262||529,594|664,856|657,538|
||Premises||260,881|230,852|598,259|1,089,992|992,188|
||Support and governance||538,651|21,464|398,841|958,956|968,475|
||Total charitable<br>expenditure||4,862,161|452,522|1,986,484|7,301,167|6,773,922|
||Total expenditure||4,862,161|452,522|2,094,379|7,409,062|6,865,740|
||Analysis ofsupport and governance costs:|||||2022|2021|
|||||||6||
||Governance<br>costs:|||||||
||Auditors'<br>remuneration|for audit services||||12,960|11,900|
||Support staff wages relating to governance|||||11,806|14,654|
||Total governance<br>costs|||||24,766|26,554|
||Support costs:|||||||
||Auditors'<br>remuneration|for non audit services|||||4,060|
||Legal and professional|fees relating to support||||52,903|39,273|
||Support staff wages, national<br>insurance||and pension|||538,651|570,787|
||Other support costs|||||342,636|327,801|
|||||||958,956|968,475|





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|||2022|2021|
|---|---|---|---|
|||Number|Number|
|Teaching||78|75|
|Welfare||4|11|
|Premises||8|7|
|Administration||13|14|
|||103|107|
|The aggregate|payroll costs for the year were as follows:|||
|||2022f|2021<br>F.|
|Wages and salaries||3,897,640|3,700,502|
|Social security|costs|364,615|336,689|
|Pension costs||599,906|617,011|
|||4,862,161|4,654,202|



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|2022|2021|
|---|---|
|Number|Number|





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|Information.<br>In 202|2 the|re ar|e 9|employees<br>(202|1:8employees).||||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||8|8|
|Aggregate<br>employee<br>benefits|||of|key management|personnel||830,465|740,375|
|(including<br>employer|pension||and|Nl contributions)|||||
|COMPARATIVE<br>STATEMENT OF FINANCIAL|||||ACTIVITIES -31|AUGUST 2021|||
||||||Unrestricted|Designated|Restricted|Total|
||||||Funds|Funds|Funds|2021|
||||||||6||
|INCOME FROM:|||||||||
|Donations<br>and legacies|||||51,743|23,724|3,645|79,112|
|Other trading<br>activities|||||124,039|||124,039|
|Charitable<br>activities|||||7,172,180|||7,172,180|
|Other income|||||109,445|||109,445|
|Total income|||||7,457,407|23,724|3,645|7,484,776|
|EXPENDITURE ON:|||||||||
|Raising funds|||||91,818|||91,818|
|Charitable<br>activities|||||6,757,918|10,452|5,552|6,773,922|
|Total expenditure|||||6,849,736|10,452|5,552|6,865,740|
|Net income/(expenditure)|||||607,671|13,272|(1,907)|619,036|
|Transfers<br>between|funds||||1,422|(941)|(481)||
|Net movement<br>in|funds||||609,093|12,331|(2,388)|619,036|
|Fund balances<br>brought||forward|||6,563,722|2,343|7,298|6,573,363|
|Fund balances carried||forward|||7,172,815|14,674|4,910|7,192,399|



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|TANGIBLE FIXEDASSETS - GROUP||||||
|---|---|---|---|---|---|
||Freehold|Short|Fixtures,|Motor|Total|
||Property|Leasehold|Fittings &|vehicles||
|||Property|Equipment|||
|||6||||
|Cost||||||
|At 1 September 2021|687,285|10,940,882|1,917,984|92,047|13,638,198|
|Additions|141,541|238,285|62,126||441,952|
|Disposals||(10,179)|||(10,179|
|At 31 August 2022|828,826|11,168,988|1,980,110|92,047|14,069,971|
|Depreciation||||||
|At 1 September 2021|80,331|1,916,427|1,210,275|66,870|3,273,903|
|Charge for year|11,551|229,480|184,257|15,949|441,237|
|Eliminated<br>on disposal||10,179)|||10,179|
|At 31 August 2022|91,882|2,135,728|1,394,532|82,819|3,704,961|
|Net Book Value||||||
|At 31 August 2022|736,944|9,033,260|585,578|9,228|10,365,010|
|At 1 September 2021|606,954|9,024,455|707,709|25,177|10,364,295|
|TANGIBLE FIXEDASSETS - SCHOOL||||||
||Freehold|Short|Fixtures,|Motor|Total|
||Property|Leasehold|Fittings &|vehicles||
|||Property<br>6|Equipment<br>f|||
|Cost||||||
|At 1 September 2021|687,285|10,935,432|1,917,984|92,047|13,632,748|
|Additions|141,541|238,285|62,126||441,952|
|Disposals||(10,179)|||(10,179)|
|At 31 August 2022|828,826|11,163,538|1,980,110|92,047|14,064,521|
|Depreciation||||||
|At I September 2021|80,331|1,912,716|1,210,275|66,870|3,270,192|
|Charge for year|11,551|229,393|184,257|15,949|441,150|
|Eliminated<br>on disposal||(10,179)|||(10,179|
|At 31 August 2022|91,882|2,131,930|1,394,532|82,819|3,701,163|
|Net Book Value||||||
|At 31 August 2022|736,944|9,031,608|585,578|9,228|10,363,358|
|At 1 September 2021|606,954|9,022,716|707,709|25,177|10,362,556|
|ASSETS ON FINANCE LEASES AND HIRE PURCHASE - GROUP AND||SCHOOL (included<br>above)||||





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|INVESTIIIIE|NTS IN SUBSIDIARIES||
|---|---|---|
|||2022|
|||6|
|Cost|||
|At 1 September 2021 and 31 August 2022||317,822|
|Impairment|||
|At 1 September 2021||101,703|
|Impairment|in year|21,794|
|At 31 August|2022|123,497|
|Net book value|||
|At 31 August|2022|194,325|
|At 1 September 2021||216,119|



||(purchased<br>19December|201|6)|||
|---|---|---|---|---|---|
||||||2022|
||Summary<br>trading<br>results:|||||
||Turnover||||63,500|
||Administrative<br>expenses||||(63,587)|
||Net profit/(loss)||||(87)|
||Summary<br>balance sheet:|||||
||Fixed assets||||1,652|
||Current assets|||||
||Creditors<br>falling due within one year|||||
||Net assets||||1„652|
||Aggregate<br>share capital and reserves||||1,652|
||Contribution<br>by parent company|||2022|2021|
||The parent charity contribution||to the results for the year is as follows:|||
||Income|||7,836,694|7,484,776|
||Expenditure|||(7,409,305)|(6,865,979)|
||Net income/(expenditure)|for the year||427,389|618,797|
|16|GOODWILL ON CONSOLIDATION|||||
||Cost||||6|
||At 1 September 2021 and|31 August 2022|||314,891|
||Amortisation|||||
||At 1 September 2021||||100,246|
||Amortisation<br>for year||||21,464|
||At 31 August 2022||||121,710|
||Net Book Value|||||
||At 31August 2022||||193,181|
||At 1 September 2021||||214,645|





## 

|OR|THE YEAR ENDE|D 31AUGUST 2022|||||
|---|---|---|---|---|---|---|
|17|DEBTORS||Group||School||
||||2022<br>6|2021f|2022|2021|
||Fee debtors||106,250|170,924|106,250|170,924|
||Prepayments<br>and accrued income||123,367|113,551|123,367|113,551|
||Other debtors||14,188|17,321|14,188|17,321|
||||243,805|301,796|243,805|301,796|
|18|CREDITORS: due within one year||Group||School||
||||2022|2021|2022|2021|
||||K||6|6|
||Bank loans and overdrafts||473,669|473,669|473,669|473,669|
||Finance leases and hire purchase||14,870|22,464|14,870|22,464|
||Trade creditors||29,124|80,169|29,124|80,169|
||Accruals||59,909|144,203|59,909|144,203|
||Feesin Advance||327,836|416,256|327,836|416,256|
||Advance fee payment|scheme|288,878|368,051|288,878|368,051|
||Deposits||44,000|44,100|44,000|44,100|
||Other creditors||21,321||21,321||
||Other taxes and social|security|102,396|92,492|102,396|92,492|
||||1,362,003|1,641,404|1,362,003|1,641,404|



|19|CREDITORS: due after one year|Group||School||
|---|---|---|---|---|---|
|||2022|2021|2022|2021|
|||F||||
||Bankloans|2,539,365|2,947,608|2,539,365|2,947,608|
||Finance leases and hire purchase||10,348||10,348|
||Advance fee payment scheme||167,409||167,409|
||Deposits||344,500||344,500|
|||2,861,365|3,469,865|2,861,365|3,469,865|



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|Governors|||||Mr C H J Clayden<br>(Chair)|Mr C H J Clayden<br>(Chair)|(appointed<br>06 December|(appointed<br>06 December|
|---|---|---|---|---|---|---|---|---|
||||||2022)||||
||||||Mr P A Kendall<br>(Deputy Chair)||||
||||||Mr<br>ISElliott (resigned 06 December 2022)||||
||||||Mr D G Emkes||||
||||||Ms AJ Godfrey||||
||||||Dr LA Johnson<br>(resigned||05 April 2022)||
||||||Mr C E Lilley||||
||||||Mrs S O' Sullivan||||
||||||Mr AJ Robson||||
||||||Mr<br>I A Sheldon||||
||||||Mr J LStevens||||
||||||Mr JW Tweddle||||
||||||Mr D A EWilliams||||
||||||Mr Z Khawaja<br>(appointed||08 December 2021)||
|Key Management||Personnel|||||||
|||||Head|Ms L McDonald<br>(resigned||31 July 2022)||
||||interim|Head|Mr RJP Stabley (01|July 2022||to 31 Dec2022)|
|||Senior|Deputy|Head|Ms J Leighton||||
||Bursar|8 Company Secretary|||Mrs G P Dippenaar|(appointed||1 Nov 2021)|
||Deputy Head Academic||||Ms L E O'Hare||||
|||Deputy Head Pastoral|||Mrs A T Caldwell<br>(resigned 31August 2022)||||
|||Head of Pre||Prep|Mrs G A Emmerson|(resigned||31 August 2022)|
|||Head of Upper School|||Ms A M Warren||||
|||Head ofLower||Prep|Mrs S Robinson||||
||Head of Digital Learning||||Mr<br>I Kay||||
|Charity Number|||||311054||||
|Company|Number||||947085||||
|Registered|Office|&Principal Address|||Edge Grove School||||
||||||Aldenham<br>Village||||
||||||Watford||||
||||||Hertfordshire||||
||||||WD25 8NL||||
|Auditors|||||Taylor Cocks LLP||||
||||||The Courtyard||||
||||||Shoreham<br>Road||||
||||||Upper Beeding, Steyning||||
||||||West Sussex<br>BN44 3TN||||
|Bankers|||||Barclays Bank Pic||||
||||||11 Bank Court, Marlowes,||||
||||||Hemel Hempstead,||||
||||||Herffordshire<br>HP11|1BX|||





|||||Page|
|---|---|---|---|---|
|Governors'|Report (incorporating||the Strategic Report)|1-12|
|Statement<br>of Governors'||Responsibilities||13|
|Auditor's<br>Report||||14-16|
|Consolidated|Statement|of Financial Activities||17|
|Consolidated|Balance Sheet|||18|
|School Balance Sheet|||||
|Consolidated|Cash Flow|Statement||20|
|Notes to the|Financial Statements|||21-33|





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||||Notes|Unrestricted|Designated|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Funds|2022|2021|
|||||6|6|6|6|6|
|INCOME FROM:|||||||||
|Donations,<br>grants and legacies|||6||43,299|5,050|48,349|79,112|
|Other trading<br>activities|||7|127,693|||127,693|124,039|
|Investments|||8|3,543|||3,543||
|Charitable<br>activities|||9|7,638,902|||7,638,902|7,172,180|
|Other income|||10|18,207|||18207|109,445|
|Total income||||7,788,345|43,299|5,050|7,836,694|7,484,776|
|EXPENDITURE ON:|||||||||
|Raising funds||||107,895|||107,895|91,818|
|Charitable<br>activities||||7,267,253|29,300|4,614|7,301,167|6,773,922|
|Total expenditure||||7,375,148|29,300|4,614|7,409,062|6,865,740|
|Net income||||413,197|13,999|436|427,632|619,036|
|Transfers<br>between|funds||26||||||
|Net movement<br>in|funds|||413,197|13,999|436|427,632|619,036|
|Fund balances brought||forward|26|7,172,815|14,674|4,910|7,192,399|6,573,363|
|Fund balances carried||forward|26|7,586,012|28,673|5,346|7,620,031|7,192,399|





## 

||Notes|2022||2021||
|---|---|---|---|---|---|
|FIXEDASSETS||||||
|Tangible assets|14|10.365.010||10,364,295||
|Intangrble<br>annals - goodeill|18|193.181||214,545||
||||10,558,191||10,578,940|
|CURRENT ASSETS||||||
|Stock||38,555||5.733||
|Debtors|'IF|244,805||301,796||
|Cash at bank and in hand||1.002,848||1,417,199||
|||1,285408||1,724,129||
|CURRENT LIABIUTIES||||||
|Creditors due wimin one year||1,362,093||1,64'!,404||
|NET CURRENT ASSETSI{LIABILITIES)|||{76,795)||83,324|
|TOTAL ASSETS LESSCURRENT ASSETS|||10,481,396||10,662,264|
|LONG TER)S LIABILITIES||||||
|Creditors due after ona year|||2,861,365|||
|NET ASSETS|||7,620,031|||
|REPRESENTED BY:||||||
|RESTRICTED FUNDS|||5,346||4,910|
|UNRESTRICTED FUNDS||||||
|General funds||7,586,012||7,172,815||
|Designated<br>funda||28,673||14,674||
||||||7,187,489|
||||||7,192,399|






## 

## 

||Notes|2022||2D21||
|---|---|---|---|---|---|
|FIXEDASSETS||||||
|Tangibie Assets||10,363,358||10,362,556||
|Investments||194,325||2i6,119||
||||10,557,683||10,578,675|
|CURRENTASSETS||||||
|Stack||35,655||5.733||
|Doblors|17|243.805||301,796||
|Cash at bank and<br>in hand||1,002,648||1.417,199||
|||1,285„208||1,724,728||
|CURRF NT LIABILITIES||||||
|Creditors due within one year|18|1,382„003||1,541,404||
|NET CURRENT ASSETS|||78,795||83,324|
|TOTAL ASSETSLESSCURRENT ASSETS|||10,480,588||10,661.999|
|LONG TERM LIABILITIES||||||
|Creditors due after one year|19||2,861,365||3,469,865|
|NETCURRENT ASSETSfiLIABILITIESj|||7„619,523||7,192,134|
|REPRESENTED BV:|26|||||
|RESTRICTED FUNDS||||||
|UNRESTRICTED FUNDS||||||
|Cenera1 keCk||7,585,504||7,172,550||
|Designated<br>funCk||28,673||14,674||
||||7,614,177||7,187.224|
||||7,619,523||7,192,134|






## 

|||||Notes|2022||2021||
|---|---|---|---|---|---|---|---|---|
|Cash flows from operating<br>activities:|||||||||
|Net income/expenditure<br>for the|year||||427,632||619,036||
|Adjustments<br>for:|||||||||
|Depreciation<br>charges||||14|441,237||411,303||
|Goodwill amortisation|||||21,464||21,459||
|Dividends,<br>interest<br>and rents from investments|||||(3,543)||||
|Finance charges|||||107,895||91,818||
|(Increase)/decrease<br>in stocks|||||(32,822)||33,701||
|(Increase)/decrease<br>in debtors||||17|57,991||(201,392)||
|Increase/(decrease)<br>in creditors||||18,19|(461,716)||||
|Net cash provided<br>by operating|activities|||||558,138||832,731|
|Cash flows from investing<br>activities:|||||||||
|Dividends,<br>interest and rents from investments||||8|3,543||||
|Finance charges|||||(107,895)||(91,818)||
|Purchase oftangible fixed assets|||||||||
|Net cash used in investing<br>activities||||||(546,304)||(719,197)|
|Cash flows from financing<br>activities:|||||||||
|New finance leases|||||19,094||19,094||
|Capital element of hire purchase|and finance leases||||(37,036)||(19,037)||
|Repayments<br>of borrowing|||||||(279,144)||
|Net cash provided<br>by financing|activities|||||(426,185)||(279,087)|
|Change<br>in cash and cash equivalents||in the|year|||(414,351)||(165,553)|
|Cash and cash equivalents<br>at the beginning|||ofthe year|||1,417,199||1,582,752|
|Cash and cash equivalents<br>at the end||ofthe year||||1,002,848||1,417,199|
|Analysis<br>ofcash and cash equivalents|||||||||
|Cash at bank and<br>in hand||||||1,002,848||1,417,199|
|Bank overdraft|||||||||
|Total cash and cash equivalents||||||1,002,848||1,417,199|





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## 

## 

|Tangible|fixed assets and depreciation|fixed assets and depreciation|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Tangible|fixed assets other than freehold||land|are stated at|cost less depreciation.|||Depreciation|is|provided||at|
|rates calculated<br>to write||offthe cost less|estimated<br>residual||value ofeach asset over its expected|||||useful|life|as|
|follows:|||||||||||||
|Freehold|land is not depreciated||||||||||||
|Freehold|buildings|||2% straight||line|||||||
|Leasehold|buildings|||2% straight||line|||||||
|Fixtures,|fittings and equipment|||10%and 25%straight|||line||||||
|(including|ITequipment|at 25% straight|line)||||||||||
|Motor vehicles||||25% straight||line|||||||
|Leasehold|improvements|||5%straight||line|||||||



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## 

||||UNRESTRICTED|DESIGNATED|RESTRICTED|TOTAL|TOTAL|
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||||6|F|
|Donations||||43,299|5,050|48,349|37,954|
|Furlough|grants|(CJRS)|||||41,158|
|||||43,299|5,050|48,349|79,112|



|7|INCOME FROM OTHER|TRADING|ACTIVITIES|||||
|---|---|---|---|---|---|---|---|
|||UNRESTRICTED||DESIGNATED|RESTRICTED|TOTAL|TOTAL|
|||||||2022|2021|
|||||||F|f.|
||Lettings income||45,500|||45,500|40,199|
||Rental income||82,193|||82,193|83,840|
||||127,693|||127693|124039|
|8|INCOME FROM INVESTMENTS|||||||
|||UNRESTRICTED||DESIGNATED|RESTRICTED|TOTAL|TOTAL|
|||||||2022|2021|
||Interest receivable||3,543|||3,543||
||||3,543|||3,543||



## 

|||||||TOTAL|TOTAL|
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
||||||||6|
||Gross school fees|||||7,740,984|7,919,161|
||less Covid-19|realignment|||||(226,560)|
||less bursaries|and allowances||||(477,825)|(638,528)|
||Net school fees|||||7,263,159|7,054,073|
||Add:|||||||
||Registration<br>fees|||||20,505|17,823|
||Extras income|||||154,399|44,105|
||Learning<br>support||income|||5,706|17,782|
||Other ancillary|income||||195,133|38,397|
|||||||7,638,902|7,172,180|
|10|OTHER INCOME|||||||
|||||||TOTAL|TOTAL|
|||||||2022|2021|
||||||||F|
||Sundry income (including|||insurance|claims)|18,207|109,445|





## 

## 

## 

|11|ANALYSIS OF EXPENDITURE|ANALYSIS OF EXPENDITURE||||||
|---|---|---|---|---|---|---|---|
||||Staff|Depreciation|Other|Total|Total|
||||Costs||costs|2022|2021|
||||6|||8|6|
||Cost of raising funds:|||||||
||Financing costs||||107,895|107,895|91,818|
||Total cost ofraising funds||||107,895|107,895|91,818|
||Charitable<br>expenditure:|||||||
||Education|||||||
||Teaching||3,927,367|200,206|459,790|4,587,363|4,155,721|
||Welfare||135,262||529,594|664,856|657,538|
||Premises||260,881|230,852|598,259|1,089,992|992,188|
||Support and governance||538,651|21,464|398,841|958,956|968,475|
||Total charitable<br>expenditure||4,862,161|452,522|1,986,484|7,301,167|6,773,922|
||Total expenditure||4,862,161|452,522|2,094,379|7,409,062|6,865,740|
||Analysis ofsupport and governance costs:|||||2022|2021|
|||||||6||
||Governance<br>costs:|||||||
||Auditors'<br>remuneration|for audit services||||12,960|11,900|
||Support staff wages relating to governance|||||11,806|14,654|
||Total governance<br>costs|||||24,766|26,554|
||Support costs:|||||||
||Auditors'<br>remuneration|for non audit services|||||4,060|
||Legal and professional|fees relating to support||||52,903|39,273|
||Support staff wages, national<br>insurance||and pension|||538,651|570,787|
||Other support costs|||||342,636|327,801|
|||||||958,956|968,475|





## 

## 

|||2022|2021|
|---|---|---|---|
|||Number|Number|
|Teaching||78|75|
|Welfare||4|11|
|Premises||8|7|
|Administration||13|14|
|||103|107|
|The aggregate|payroll costs for the year were as follows:|||
|||2022f|2021<br>F.|
|Wages and salaries||3,897,640|3,700,502|
|Social security|costs|364,615|336,689|
|Pension costs||599,906|617,011|
|||4,862,161|4,654,202|



## 

|2022|2021|
|---|---|
|Number|Number|





## 

## 

## 

|Information.<br>In 202|2 the|re ar|e 9|employees<br>(202|1:8employees).||||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||8|8|
|Aggregate<br>employee<br>benefits|||of|key management|personnel||830,465|740,375|
|(including<br>employer|pension||and|Nl contributions)|||||
|COMPARATIVE<br>STATEMENT OF FINANCIAL|||||ACTIVITIES -31|AUGUST 2021|||
||||||Unrestricted|Designated|Restricted|Total|
||||||Funds|Funds|Funds|2021|
||||||||6||
|INCOME FROM:|||||||||
|Donations<br>and legacies|||||51,743|23,724|3,645|79,112|
|Other trading<br>activities|||||124,039|||124,039|
|Charitable<br>activities|||||7,172,180|||7,172,180|
|Other income|||||109,445|||109,445|
|Total income|||||7,457,407|23,724|3,645|7,484,776|
|EXPENDITURE ON:|||||||||
|Raising funds|||||91,818|||91,818|
|Charitable<br>activities|||||6,757,918|10,452|5,552|6,773,922|
|Total expenditure|||||6,849,736|10,452|5,552|6,865,740|
|Net income/(expenditure)|||||607,671|13,272|(1,907)|619,036|
|Transfers<br>between|funds||||1,422|(941)|(481)||
|Net movement<br>in|funds||||609,093|12,331|(2,388)|619,036|
|Fund balances<br>brought||forward|||6,563,722|2,343|7,298|6,573,363|
|Fund balances carried||forward|||7,172,815|14,674|4,910|7,192,399|



## 



## 

## 

## 

## 

|TANGIBLE FIXEDASSETS - GROUP||||||
|---|---|---|---|---|---|
||Freehold|Short|Fixtures,|Motor|Total|
||Property|Leasehold|Fittings &|vehicles||
|||Property|Equipment|||
|||6||||
|Cost||||||
|At 1 September 2021|687,285|10,940,882|1,917,984|92,047|13,638,198|
|Additions|141,541|238,285|62,126||441,952|
|Disposals||(10,179)|||(10,179|
|At 31 August 2022|828,826|11,168,988|1,980,110|92,047|14,069,971|
|Depreciation||||||
|At 1 September 2021|80,331|1,916,427|1,210,275|66,870|3,273,903|
|Charge for year|11,551|229,480|184,257|15,949|441,237|
|Eliminated<br>on disposal||10,179)|||10,179|
|At 31 August 2022|91,882|2,135,728|1,394,532|82,819|3,704,961|
|Net Book Value||||||
|At 31 August 2022|736,944|9,033,260|585,578|9,228|10,365,010|
|At 1 September 2021|606,954|9,024,455|707,709|25,177|10,364,295|
|TANGIBLE FIXEDASSETS - SCHOOL||||||
||Freehold|Short|Fixtures,|Motor|Total|
||Property|Leasehold|Fittings &|vehicles||
|||Property<br>6|Equipment<br>f|||
|Cost||||||
|At 1 September 2021|687,285|10,935,432|1,917,984|92,047|13,632,748|
|Additions|141,541|238,285|62,126||441,952|
|Disposals||(10,179)|||(10,179)|
|At 31 August 2022|828,826|11,163,538|1,980,110|92,047|14,064,521|
|Depreciation||||||
|At I September 2021|80,331|1,912,716|1,210,275|66,870|3,270,192|
|Charge for year|11,551|229,393|184,257|15,949|441,150|
|Eliminated<br>on disposal||(10,179)|||(10,179|
|At 31 August 2022|91,882|2,131,930|1,394,532|82,819|3,701,163|
|Net Book Value||||||
|At 31 August 2022|736,944|9,031,608|585,578|9,228|10,363,358|
|At 1 September 2021|606,954|9,022,716|707,709|25,177|10,362,556|
|ASSETS ON FINANCE LEASES AND HIRE PURCHASE - GROUP AND||SCHOOL (included<br>above)||||





## 

## 

|INVESTIIIIE|NTS IN SUBSIDIARIES||
|---|---|---|
|||2022|
|||6|
|Cost|||
|At 1 September 2021 and 31 August 2022||317,822|
|Impairment|||
|At 1 September 2021||101,703|
|Impairment|in year|21,794|
|At 31 August|2022|123,497|
|Net book value|||
|At 31 August|2022|194,325|
|At 1 September 2021||216,119|



||(purchased<br>19December|201|6)|||
|---|---|---|---|---|---|
||||||2022|
||Summary<br>trading<br>results:|||||
||Turnover||||63,500|
||Administrative<br>expenses||||(63,587)|
||Net profit/(loss)||||(87)|
||Summary<br>balance sheet:|||||
||Fixed assets||||1,652|
||Current assets|||||
||Creditors<br>falling due within one year|||||
||Net assets||||1„652|
||Aggregate<br>share capital and reserves||||1,652|
||Contribution<br>by parent company|||2022|2021|
||The parent charity contribution||to the results for the year is as follows:|||
||Income|||7,836,694|7,484,776|
||Expenditure|||(7,409,305)|(6,865,979)|
||Net income/(expenditure)|for the year||427,389|618,797|
|16|GOODWILL ON CONSOLIDATION|||||
||Cost||||6|
||At 1 September 2021 and|31 August 2022|||314,891|
||Amortisation|||||
||At 1 September 2021||||100,246|
||Amortisation<br>for year||||21,464|
||At 31 August 2022||||121,710|
||Net Book Value|||||
||At 31August 2022||||193,181|
||At 1 September 2021||||214,645|





## 

|OR|THE YEAR ENDE|D 31AUGUST 2022|||||
|---|---|---|---|---|---|---|
|17|DEBTORS||Group||School||
||||2022<br>6|2021f|2022|2021|
||Fee debtors||106,250|170,924|106,250|170,924|
||Prepayments<br>and accrued income||123,367|113,551|123,367|113,551|
||Other debtors||14,188|17,321|14,188|17,321|
||||243,805|301,796|243,805|301,796|
|18|CREDITORS: due within one year||Group||School||
||||2022|2021|2022|2021|
||||K||6|6|
||Bank loans and overdrafts||473,669|473,669|473,669|473,669|
||Finance leases and hire purchase||14,870|22,464|14,870|22,464|
||Trade creditors||29,124|80,169|29,124|80,169|
||Accruals||59,909|144,203|59,909|144,203|
||Feesin Advance||327,836|416,256|327,836|416,256|
||Advance fee payment|scheme|288,878|368,051|288,878|368,051|
||Deposits||44,000|44,100|44,000|44,100|
||Other creditors||21,321||21,321||
||Other taxes and social|security|102,396|92,492|102,396|92,492|
||||1,362,003|1,641,404|1,362,003|1,641,404|



|19|CREDITORS: due after one year|Group||School||
|---|---|---|---|---|---|
|||2022|2021|2022|2021|
|||F||||
||Bankloans|2,539,365|2,947,608|2,539,365|2,947,608|
||Finance leases and hire purchase||10,348||10,348|
||Advance fee payment scheme||167,409||167,409|
||Deposits||344,500||344,500|
|||2,861,365|3,469,865|2,861,365|3,469,865|



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## 

|1.introduction<br>and Coverage|||1-2|
|---|---|---|---|
|2.independence||||
|3.Qualitative<br>Aspects ofAccounting|Practices and Financial Reporting|||
|4.Audit and Accounting<br>Issues Identified||During the Audit||
|5.Audit Misstatements||||
|Appendix<br>i Letter of Representation|||7-9|
|Appendix<br>ii Financial Performance|Report||10—12|





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## 

|osed<br>in accordance|with the applicable<br>acco|unting<br>fra|mework<br>(SORP 2015 —|
|---|---|---|---|
|Party|Relationship||Nature oftransaction|
|I A Sheldon|Governor||None|
|P A Kendall|Governor/Director|ofSub|None|
|C H J Clayden|Governor||None|
|A JGodfrey|Governor||None|
|C E Lilley|Governor||None|
|AJ Robson|Governor||None|
|J LStevens|Governor||None|
|2 M Khawaja|Governor||None|
|JW Tweddle|Governor||None|
|I SElliott|Governor||None|
|S O' Sullivan|Governor||None|
|D A EWilliams|Governor||None|
|D G Emkes|Governor||None|





## 

## 

## 




## 

|ults are signigcantly<br>outside<br>al expectations<br>(although<br>|ults are signigcantly<br>outside<br>al expectations<br>(although<br>|||||
|---|---|---|---|---|---|
|e may be genuine reasons<br>COVID-19)||RRRE||||
|||7,740,984|7,919,161|7,923,403|7,401,384|
|||(477,825)|(865,088)|(1,279,208)|(563497)|
|||7,263,159|7,054,073|6,644,195|6,837,487|
|||37S,743|118,107|138,942|192,597|
|||IE|6%|||
|||7,409,062|6,865,740|6,742,239|6,621,072|
|||3,927,367|3,627,259|3,828,968|3,541,460|
|||78|75|77|75|
|||50351|48,363|II@PS@47,219||
|||'8%|(5%}|||
|~|~|||||
|||3~1,695|3,238,481|2,913,271|3,079,612|
||||g|(SX)||
||||13,103|12,842||






## 

## 



##