##
##
|||Page|
|---|---|---|
|Legal and administrative|information||
|Report ofthe Trustees|||
|Independent
Auditor's|Report||
|Statement
of Financial|Activities|12|
|Balance Sheet||13|
|Cash Flow Statement||14|
|Notes to the Financial|Statements|15|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||Total|To/a/|
|---|---|---|---|---|---|---|---|
|||||||Funds|Funds|
|||||Unrestricted|Restricted|Yearto|Yearto|
||||Notes|Fundsf|Fundsf|31.8.23f|3L8.22f|
|INCOME FROM:||||||||
|Donations
and legacies|||||||755,959|
|Charitable
activities||||2,257,165||2,257,165|1,134,676|
|Investments||||27,939||27,939|2,518|
|Other||||2,709||2,709|2,466|
|TOTAL INCOME|||3|2,287,813||2,287,813|1,895,619|
|EXPENDITURE ON:||||||||
|Charitable
activities||||(2,180,653)||(2,180,653)|(1,262.887)|
|TOTAL EXPENDITURE|||4|2,180,653||2,180,653|(1,262,887)|
|NET INCOME||||||||
|l(EXPENDITURE) FOR||||||||
|THE YEAR BEFORE GAIN||||107,160||107,160|632,732|
|ON INVESTMENTS||||||||
|(Loss)/Gain
on investments||||1,025)||1,025)|(325)|
|NET||||||||
|INCOME/(EXPENDITURE)||||106,135||106,135|632,407|
|Transfers
between
funds||||||||
|NET MOVEMENT
IN||FUNDS||106,135||106,135|632,407|
|RECONCILIATION|OF|||||||
|FUNDS||||||||
|Total funds brought||forward|17|1,577,215|16,354|1,593,569|961,162|
|Total funds carried|forward||17|1,683,350|16,354|1,699,704|1,593,569|
##
||||31August|31August|
|---|---|---|---|---|
|||Notes|2023|2022|
|FIXEDASSETS:|||||
|Tangible assets||10|287,445|227,870|
|Investments||11|753,966|754,990|
||||1,041,411|982,860|
|CURRENT ASSETS:|||||
|Debtors||12|99,957|140,840|
|Cash at bank and|in hand||1,509,640|1,444,150|
||||1,609,597|1,584,990|
|LIABILITIES:|||||
|Creditors
falling due within one year||13|(898,304)|(921,281)|
|NET CURRENT ASSETS|||711,293|663,709|
|Creditors
falling due in over one year||14|(53,000)|(53,000)|
|NET ASSETS|||1,699,704|1,593,569|
|FUNDS|||||
|Unrestricted
funds|||1,683,350|1,577,215|
|Restricted funds|||16,354|16,354|
|||18|1,699,704|1,593,569|
##
||||||||Year to||
|---|---|---|---|---|---|---|---|---|
||||||||31|Year to 31|
||||||||August|August|
|||||||Note|2023f|2022f|
|Cash flows from operating||activities:|||||||
|Net cash|provided by operating||activities|||19|112,200|762,611|
|Cash flows from investing||activities|||||||
|Investment|income||||||27,939|2,193|
|Purchase|oftangible
fixed assets||||||(74,649)|(79,116)|
|Payments|to acquire fixed asset||investments|||||(725,194)|
|Net cash|used byinvesting|activities|||||~40710|(002.1177|
|Change in cash and cash||equivalents||in the|||||
|reporting|period||||||65,490|(39,505)|
|Cash and|cash equivalents|at the beginning|||ofthe||||
|reporting|period||||||1,444,150|1,483,656|
|Cash and|cash equivalents|at the end||ofthe|||||
|reporting|period||||||'I,509,640|1,444,150|
##
##
##
##
##
##
##
##
|||||Total Funds|
|---|---|---|---|---|
|||Unrestricted|Restricted|Year to|
||Notes|Funds|Funds|31.8.22|
|||E|f|E|
|INCOME FROM:|||||
|Donations
and legacies||725,194|30,765|755,959|
|Charitable
activities||1,134,676||1,134,676|
|Investment
income||2,518||2,518|
|Other||2466||2,466|
|TOTAL INCOME|3|1,864 854|30,765|1 895619|
|EXPENDITURE
ON:|||||
|Charitable
activities|||||
|||(1,243,387)|(19,500)|(1,262,887)|
|TOTAL EXPENDITURE|4|1,243,387|(19,500)|1,262 887|
|NET (EXPENDITURE)/INCOME|||||
|FOR THE YEAR BEFORE GAIN||621,467|11,265|632,732|
|ON INVESTMENTS|||||
|Loss on'investments||(325)||(325)|
|NET (EXPENDITURE)/INCOME|||||
|AND MOVEMENT
IN FUNDS||621,142|11,265|632,407|
|RECONCILIATION OFFUNDS|||||
|Total funds brought
forward|17|956,073|5,089|961,162|
|Total funds carried
forward|17|1,577,215|16354|1,593,569|
##
|3.|INCOME||||||||
|---|---|---|---|---|---|---|---|---|
||||||Year|to 31|Yearto 31||
||||||August|||August|
|||||||2023f||2022f|
||Donation|income||||||755,959|
||Charitable|activities:|||||||
||Fees||||2,257,165|||1,134,676|
||Other trading
activities:||||||||
||Sale ofgoods||||2,709|||2,466|
||||||2,259,874|||1,893,101|
||Investment|income|||27,940|||2,518|
||TOTAL INCOME||||2,287,813||1,895,619||
|4.|EXPENDITURE||||||||
|||||Direct|Support|Year to||Year to|
|||||costs (Note|costs (Note|31August||31August|
|||||5)
f|6)||2023|2022
f|
||Charitable
activities:||||||||
||Teaching|and educational|costs|2,073,669|106,984|2,180,653||1,262,887|
||TOTAL EXPENDITURE|||2,073,669|106,984|2,180,653||1,262,887|
##
##
||||Year|Year|
|---|---|---|---|---|
||||Ended 31|Ended 31|
||||August|August|
||||2023|2022|
|Staff costs|||1,080,951|665,062|
|Other staffing|||488,035|185,205|
|Administrative||costs|426,795|213,847|
|Equipment|and supplies||56,181|54,381|
|Welfare and training costs|||21,707|42,678|
||||2,073,669|1,161,173|
##
|UPPORT C|OSTS||||||
|---|---|---|---|---|---|---|
|||||||Total Year|
|||||||to 31|
|||Financef|Other
f|Depreciation|f|August 2023
F|
|Administration|costs||91,910|15,074||106,984|
|||||||Total Year|
|||||||to 31|
|||Finance|Other
f|Depreciation|f|August 2022f|
|Administration|costs||94,588|7,126||101,714|
##
##
##
||Net inc|o|me is|state|d after chargin|g:|||
|---|---|---|---|---|---|---|---|---|
||||||||Year|Year|
||||||||Ended 31|Ended 31|
||||||||August|August|
||||||||2023f|2022f|
||Auditor's||remuneration||for the provision|of:|||
|||statutory||audit|||5,000|4,000|
||Operating||lease|payments|||192,524|192,524|
||Depreciation
- owned||||assets||15,074|7,126|
|8.|STAFF||COSTS||||||
||||||||Year|Year|
||||||||Ended 31|Ended 31|
||||||||August|August|
||||||||2023f|2022f|
||Staff Costs:||||||||
||Wages|and Salaries|||||976,838|605,111|
||Social security costs||||||84,159|47,467|
||Pension|costs|||||19,954|12,484|
||||||||1,080,951|665,062|
|he monthly
average
headcount
s follows:|number
of employees
during
the|period was|
|---|---|---|
||Year|Year|
||Ended 31|Ended 31|
||August|August|
||2023|2022|
||No|Ato|
|Administration|4|2|
|Education|24|14|
|Therapy|12|6|
||40|24|
|Year|to 31|Year to 31|
|---|---|---|
|August|2023|August 2022|
||No.|Aio.|
##
##
##
|||Freehold|Freehold|Equipment|Motor|Fixtures|Assets|Total|
|---|---|---|---|---|---|---|---|---|
|||Land &|||Vehicles|and|under||
|||Buildings
f||||Fittings|construction
f.||
|Cost|||||||||
|Af 1September||108,693||5,226|31,415|1,827|88,114|235,275|
|2022|||||||||
|Additions|||61,004|5,245|8,400|||74,649|
|Transfers|||88,114||||(88,114)||
|At 31 August|||||||||
|2023||257,811||10,471|39,815|1,827||309924|
|Depreciation|||||||||
|At 1 September|||1,859|723|4,176|647||7,405|
|2022|||||||||
|Charge|for the||3,950|2,290|8,378|456||15,074|
|year|||||||||
|At 31 August|||||||||
|2023|||5,809|3,013|12,554|1,103||22,479|
|NBV|||||||||
|At 31 August|||||||||
|2023||252,002||7,458|27,261|724||287,445|
|At 1 September|||||||||
|2022||106,834||4,503|27,239|1,180|88,114|227,870|
|11.|INVESTMENTS||||||||
||||||||31August|31August|
||||||||2023f|2022f|
||Listed investments:||||||||
||Market value|at|start of|period|||29,797|30,121|
||Loss in period||||||1,025|325|
||Market value|at|end of|period|||28,772|29,796|
||Investments|in|subsidiaries:||||||
||Helios Trust||||||725,194|725,194|
||||||||753,966|754,990|
##
##
|The following|investments|represent|more than 5%ofthe total market value:||
|---|---|---|---|---|
||||31August|31August|
||||2023|2022f|
|Threadneedle|||5,503|5,499|
|Henderson|||4,541|4,835|
|Invesco|||18,728|19,463|
##
|BTORS:A|MOUNTS
DUE WITHIN ONE YEA|R||
|---|---|---|---|
|||31 August|31August|
|||2023|2022|
|Trade Debtors||74,687|136,708|
|Intercompany|Debtors|10,288||
|Prepayment|and accrued income|6,365|1,353|
|Other Debtors||8,617|2,779|
|||99,957|140,840|
##
|CREDITORS: AMO|UNTS FALLING DUE WITHIN|ONE YEAR||
|---|---|---|---|
|||31August|31August|
|||2023|2022|
|Trade creditors||56,409|55,959|
|Amounts
owed to parent undertakings||771,208|824,485|
|Social security and other taxes||48,481|30,314|
|Other creditors||17,100|9,678|
|Accruals and deferred|income|5,106|845|
|||898,304|921,281|
##
##
##
##
|||31|August
2023
f|37|August
2022
f|
|---|---|---|---|---|---|
|Pension|Liability||53,000||53,000|
||||53,000||53,000|
##
|non-can
elow:|c|ellable
operating|leases,
for land|
and
buildings
only, a|
s set out|
|---|---|---|---|---|---|
|||||Year|Year|
|||||Ended 31|Ended 3f|
|||||August|August|
|||||2023|2022|
|Operating||Lease commitments|due:|||
|Within|1|year||192,524|192,524|
|Within|2|—5years||770,095|770,095|
|Over 5|years|||433,178|625,702|
|||||1,395,797|1,588,321|
##
||||||31August|3f August|
|---|---|---|---|---|---|---|
||||||2023
6|2022f|
|Financial|assets measured|at settlement|value||2,318,137|2,308,830|
|Financial|assets measured|at fair value|||28,772|29,797|
|Financial|liabilities
measured|at settlement||value|902,823|943,967|
##
##
|Movement|in Funds|—2023:|||||
|---|---|---|---|---|---|---|
|||At 31||||At 31|
|||August||||August|
|||2022|Income|Expenditure|Gains|2023|
|||E||F|F|6|
|Unrestricted|funds||||||
|General
fund||1,577,215|2,287,813|(2,180,653)|(1,025)|1,683,350|
|Restricted funds|||||||
|Electric vehicle||500||||500|
|Play Equipment||10,000||||10,000|
|Otherfunds||5,854||||5,854|
|TOTAL||1,593,569|2,287,813|(2,180,653|1,025|1,699,704|
||||At 31||||At 31|
|---|---|---|---|---|---|---|---|
||||August||||August|
||||2021|Income|Expenditure|Gains|2022|
||||E||6|E|E|
|Unrestricted||funds||||||
|General|fund||956,073|1,864,529|(1,243,387)|-|1,577,215|
|Restricted funds||||||||
|Electric|vehicle|||20,000|(19,500)||500|
|Play Equipment||||10,000|||10,000|
|Other funds|||5,089|765|||5,854|
|TOTAL|||961,162|1,895,294|(1,262,887)||1,593,569|
##
##
##
|ANALYSI|S OF NET|ASSETS BETWE|EN F|UNDS|||
|---|---|---|---|---|---|---|
||||||Nst Current|Fund|
|2023||Investments
f|Fixed|Assets|Assets|Balancef|
|Unrestricted|funds|753,966||287,445|641,939|1,683,350|
|Restricted|Funds||||16,354|16,354|
|||753,966||287,445|658,293|1,699,704|
|2022|||||||
|Unrestricted|Funds|754,990||227,870|594,355|1,577,215|
|Restricted|Funds||||16,354|16,354|
|||754,990||227,870|610,709|1,593,569|
##
##
|||||31 August|31August|
|---|---|---|---|---|---|
|||||2023
E|2022f|
|Net movement
in funds||||106,135|632,407|
|Loss/(gain)|on investments|||1,025|325|
|Investment|income|||(27,939)|(2,193)|
|Depreciation||||15,074|7,126|
|(Increase)/decrease||in debtors||40,882|(98,214)|
|Increase
in|creditors|||22,977)|223,160|
|Net cash provided||by operating|activities|112,200|762,611|
##
##
|023 transa|ctions
|and y|ear-end
bal|ance
betw|een
subsidiari|es
and parent|company|
|---|---|---|---|---|---|---|---|
||||||||Helios|
|||||Ruskin|Mill Trust|Sunfield|Trust|
|Donation|paid to|arent||200 000||||
|Trade debtor amounts|||due from|||||
|subsidiary|||||||10,288|
|Trade creditor amounts|||due to|||||
|subsidiary||||(770,788)||(420)||
|022 transa|ctions
and y|ear-end
bal|ance
betw|een
subsidiari|es
and parent|company|
|---|---|---|---|---|---|---|
|||||||Helios|
||||Ruskin|Mill Trust|Sunfield|Trust|
|Donation|aid to parent||||||
|Trade debtor amounts||due from|||||
|subsidiary|||||||
|Trade creditor amounts||due to|||||
|subsidiary|||(824,065)||(420)||