##
##
##
##
##
|s T A Cook MA (Oxon) MCIPR||
|---|---|
|Chair||
|Retired 31 Jul
2022||
|r R Dlcketts BSc||
|Retired
1 December 2021||
|rJ M Evans BScMRICS||
|Retired 10July 2022||
|Iss PJ Evans||
|Retired 14December 2021||
|Dr E Hlckmott||
|Retired 31 January 2022|X|
|r R Hughes
FCMA|X|
|r A JGough BSc UED, BScHons MA||
|r C Ingham||
|From 16June 2022||
|Ms M James||
|From 16June 2022||
|r SJames||
|Retired 29 A
ril 2022||
|r A McLean BSc(Hons)||
|rs A McNamara
FRSA SFHEA||
|Retired 30Se tember 2021||
|rs H EMorris Dip Bldg Cons MRICS||
|r A Sanderson
BA MloD||
|FBCSCDir CEng CITP||
|Retired 24 March 2022||
|rs M De Sausmarez||
|From 16June 2022||
|r RJSouthey
BA FCA||
##
##
|Head||||Mrs T Kirnig MA PGCE|Mrs T Kirnig MA PGCE||||
|---|---|---|---|---|---|---|---|---|
|Bursar||||Mrs H Edwardson|MA|(Hans)|Oxon||
|Clerk||||Mrs J M Reckord|BA ACIS||||
|PRINCIPAL||ADDRESS||Priorsfield
Road,|Godalming,||Surrey GU7 2RH||
|ADVISORS|||||||||
|AUDITORS||||Haysmacintyre
LLP|||||
|||||10Queen Street|Place||||
|||||London|||||
|||||EC4R 1AG|||||
|BANKERS||||NatWest
Bank|||||
|||||Guildford
Commercial||Office|||
|||||PO Box 1, 2"~ Floor G3|||||
|||||2Cathedral
Hill|||||
|||||Guildford|||||
|||||Surrey|||||
|||||GUI 3ZR|||||
|SOLICITORS||||Moore Barlow LLP|||||
|||||The Oriel|||||
|||||Sydenham
Road|||||
|||||Guildford|||||
|||||Surrey|||||
|||||GUI 3SR|||||
|||||Penningtons
Manches||Cooper LLP|||
|||||Apex Plaza|||||
|||||Forbury Road|||||
|||||Reading|||||
|||||Berkshire|||||
|||||RGI IAX|||||
|INSURANCE||BROKERS||Marsh
Brokers Limited|||||
|||||Schools Division|||||
|||||Rockwood
House|||||
|||||9—17Perrymount|Road||||
|||||Haywards
Heath|||||
|||||West Sussex|||||
|||||RH163DU|||||
|PROJECT MANAGER|||AND QS|Madlins
LLP|||||
|||||Nova Scotia House|||||
|||||70Goldsworth
Road|||||
|||||Woking|||||
|||||Surrey|||||
|||||GU21 6LQ|||||
|SCHOOL WEBSITE||||www. priorsfieldschool.||corn|||
|CONTACT|EMAIL ADDRESS|||clerktogovernors@priorsfieldschool.||||corn|
##
##
##
##
##
##
##
##
##
##
||||||Total|funds|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|||
||||Funds|Funds|2022|2021|
|INCOME FROM:||Note|||E|E|
|Charitable
activities|||||||
|Fees|||8,000,231||8,000,231|7,355,781|
|Other academic income|||641,062||641,062|572,717|
|Other income|||70,472||70,472|55,183|
|Grants, Donations and legacies|||31,521|7,907|39,428|92,210|
|Other trading
activities|||||||
|Leffing income|||103,235||103,235|47,743|
|Hire ofsports and transport|facilities||10,866||10,866|8,260|
|Investments|||649||649|146|
|Total income|||8,858,036|7,907|8,865,943|8,132,040|
|EXPENDITURE ON|||||||
|Raising Funds|||||||
|Trading expenditure|||58,492||58,492|82,761|
|Charitable
activities|||8,462,543|101,202|8,563,745|7,896,341|
|Total expenditure|||8,521,035|101,202|8,622,237|7,979,102|
|NET INCOME / (EXPENDITURE)|||337,001|(93,295)|243,706|152,938|
|Total funds at
1 August 2021|||10,929,861|249,558|11,179,419|11,026,481|
|Total funds at 31 July 2022|||Z11,266,862|R156,263|811,423,125|811,179,419|
|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|||||
|FIXED ASSETS
Tangible fixed assets|||||14,415,081||14,684,527|
|CURRENT ASSETS
Stock
Debtors
Cash at bank and in hand|||13
14|41,552
360,351
2,110,780||39,746
304,596
1,821,054||
|||||2,512,683||2,165,396||
|CREDITORS: amounts|falling due|||||||
|within one year|||15|(2,116,216)||(1,984,546)||
|NET CURRENT (LIABILITIES)/ASSETS|||||396,467||180,850|
|TOTAL ASSETS LESS CURRENT
LIABILITIES|||||14,811,548||14865377|
|CREDITORS: amounts
after more than one|falling due
year||16||(3,388,423)||(3,685,958)|
|NET ASSETS|||||f11,423,125||R11,179,419|
|FUNDS||||||||
|Unrestricted
funds|||17a|||||
|General
Non-charitable
funds|||||1 068 167||1,115,793|
|Property
fund (including
reserve)||revaluation|||10,198,695||9,814,068|
||||||11,266,862||10,929,861|
|Restricted funds|||17b||156,263||249,558|
|TOTAL FUNDS|||||f.11,423,125||611,179,419|
|FIXED ASSETS|||Notes|||2021|
|---|---|---|---|---|---|---|
|Tangible
fixed assets
Investments|||12
11||13,669,229
12,820|13,906,510
12,820|
|CURRENT ASSETS|||||13,682,049|13,919,330|
|Stock|||||||
|Debtors
Cash at bank and|in|hand|13
14|41,552
356,621
2,103,164||39,746
286,732
1,814,612|
|CREDITORS: amounts
falling due
within one year
NET CURRENT (LIABILITIES)/ASSETS|||15|2,501,337
(2,440,005)||2,141,090
(2,310,836)|
|TOTAL ASSETS LESS CURRENT|||||61,332|(169,746)|
|LIABILITIES|||||||
|CREDITORS: amounts
after more than one
NET ASSETS|falling due
year||16||13,743,381
(3,388,423)|13,749,584
(3,685,958)|
||||||F.10,354,958|Z10,063,626|
|FUNDS|||||||
|Unrestricted
funds
General|||17a||||
|Property
fund (including
reserve)||revaluation|||||
||||||10,198,695|9,814,068|
|Restricted funds
TOTAL FUNDS|||17b||10,198,695
156,263|9,814,068
249,558|
||||18||$10,354,958|Z10,063,626|
|||||||2022|2021|
|---|---|---|---|---|---|---|---|
||||||Notes|||
|Net cash inflow from operations||||||787,820|439,441|
|Cash flows from investing|activities|||||||
|Interest received||||||649|146|
|Bank charges and interest||||||(80,725)|(76468)|
|Purchase oftangible
fixed assets
Proceeds form sale of fixed assets||||||(149,439)|(145,381)
50|
|||||||(229,515)|(221,653)|
|Net cash (used in) / provided||by investing||||558,305|217,788|
|activities||||||||
|Cash tlows from Financing|activities|||||||
|Repayments
ofcapital on|loans|||||(340,862)|(110,238)|
|New loan capital||||||72,283|13,215|
|Net cash (used in) / provided||by financing||||(268,579)|(97,023)|
|activities||||||||
|Change
in cash and cash equivalents||||in||F289,726|f.120,765|
|the reporting
period||||||||
|Reconciliation
of
net||cash|flow|||||
|movement||||||||
|to movement
in net debt||||||||
|(Decrease)/increase
in cash||in the year||||289,726|120,765|
|Cash outflow/(inflow)
from movement
debt financing||||in||268,579|97,023|
|Change
in net debt resulting||from cash||||558,305|217,788|
|flow||||||||
|Movement
in net debt in the year||||||558,305|217,788|
|Net debt at
1 August 2021||||||(2,085,632)|(2,303,420)|
|Net debt at 31 July 2022||||||(K1,527,327)|(K2,085,632)|
|NET CASH INFLOW F|ROM OPERATIONS|||
|---|---|---|---|
|||2022|2021|
|||E|E|
|Net income before|transfers|243,706|I52,938|
|Depreciation||418,885|427,560|
|(Increase)
in stock||(1,806)|(4,914)|
|(Increase)
in debtors||(55,755)|(79,148)|
|Increase/(Decrease)
Interest received|in creditors|102,714
(649)|(133,317)
(146)|
|Bank charges and interest paid||80,725|76,468|
|Gain on disposal||||
|Net cash inflow from|operations|F.787,820|f439,441|
##
|ANALYSIS OF CHANGES|IN NET|At||At|
|---|---|---|---|---|
|DEBT||1 August||31 July|
|||2021|Cash flow|2022|
|||E|E|E|
|Nef Cash|||||
|Cash in hand and at bank||1,821,054|289,726|2,110,780|
|Debt|||||
|Debt falling due within one year
Debt falling due after one year||(330,714)
(3,575,972)|(46,453)
315,032|(377,167)
(3,260,940)|
|||(3,906,686)|268,579|(3,638,107)|
|Tofal||(K2,085,632)|558,305|(R1,527,327)|
##
##
##
##
|Tangible fixed assets|Tangible fixed assets|||||||||
|---|---|---|---|---|---|---|---|---|---|
|Fixed assets are stated at||cost|ordeemed|cost less accumulated|depreciation|and impairment
losses. Assets||||
|costing more than R1,000are|||capitalised.|||||||
|Depreciation|is provided|on all tangible||fixed assets other than|freehold
land,||at rates calculated
to write|||
|offthe cost less the estimated|||residual value ofeach asset over||its expected|useful life, as||follows:||
|Leasehold
Freehold|buildings
buildings|||—2%on cost, with a full year charge
in year of
-2%on deemed cost, with a full year charge||||acquisition
in year of||
|||||acquisition||||||
|Motor vehicles||||-25%on a reducing|balance basis,||with a full|year charge|in|
|||||year ofacquisition||||||
|Furniture,|fittings and equipment|||- 10%on a straight|line basis, with|a|full year charge
in year||of|
|||||acquisition||||||
|Computer|equipment|||—25%on a straight|line basis, with|a|full year charge
in year||of|
|||||acquisition||||||
|Plant and|machinery|||Iincluded
in the total for furniture,
-25%on a straight
line basis, with a|||fittings and equipment)
full year charge
in year||of|
|||||acquisition||||||
##
##
##
##
##
##
##
|3.|FEESRECEIVABLE|FEESRECEIVABLE|||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||E|E|
||Fees receivable consist of:||||||
||Gross fees||||9,154,303|8,372,674|
||Less: Bursaries,|scholarships||and other awards|(1,154,072)|(1,016,893)|
||||||f.8,000,231|f.7,355„781|
|4.|NET INCOME||||2022|2021|
||||||E|F.|
||Net income is|stated after||charging|||
||Depreciation|oftangible||fixed assets|||
||Owned||||418,885|427,560|
||Leased||||||
||Auditors'
remuneration||—audit services||19,910|18,020|
||Auditors'
remuneration||—non audit services||2,245|3,440|
||Operating
leases||||36,555|31,230|
||and after crediting||||||
||Other interest|||||146|
##
|PARTICULARS OF EMPLOYEES|PARTICULARS OF EMPLOYEES|||2022|2021|
|---|---|---|---|---|---|
|||||No.|No.|
|The average number of persons employed|||by the Trust during the year|||
|was:||||||
|Education||||88|89|
|Administration
and domestic||||47|43|
|||||135|132|
|Their total remuneration|was:|||||
|Wages and salaries||||4,085,900|3,935,926|
|Social security costs||||421,115|395,602|
|Other pension costs||||720,409|746,595|
|Other staff costs||||227,277|201,202|
|Termination
costs|||||24,081|
|||||R5,454,701|R5,303,406|
|The number ofstaff with emoluments||within|the following ranges were:|No.|No.|
|R60,000- f69,999||||||
|870,000 - 879,999||||||
|f.110,000 —8119,999||||||
|R120,000 - 8129,999||||||
##
|7.|GOVERNANCE|GOVERNANCE|COSTS|2022|2021|
|---|---|---|---|---|---|
|||||E|E|
||Auditors'|remuneration||19,910|18,020|
|||||E,19,910|f18,02Q|
|B.|EXPENDITURE|||||||
|---|---|---|---|---|---|---|---|
||||Staff|cosfs|Depreciation|Other costs|Total|
||||2022||2022|2022|2022|
|||||E|E||E|
||Costs of raising funds:|||||||
||Trading expenditure||||32,165|26,327|58,492|
||Charitable
Activifies:|||||||
||School operating cosfs|||||||
||Teaching||4,007,720|||174,291|4,182,011|
||Establishment|||201,248||535,376|736,624|
||Welfare and|catering||454,355||700,217|1,154,572|
||Administration|||791,378|386,720|569,127|1,747,225|
||Other academic and support costs|||||723,403|723,403|
||Governance|costs||||19,910|19,910|
||||5,454,701||386,720|2,722,324|8,563,745|
||||F.5,454,701||8418,885|R2,748,651|R8,622,237|
||||Staff costs||Depreciation|Ofher costs|Total|
||||2021||2021|2021|2021|
||||E|||E|E|
||Costs ofraising funds:|||||||
||Trading expenditure||||46,165|36,596|82,761|
||Charitable
Activities:|||||||
||School operating costs|||||||
||Teaching||3,896403|||141,287|4,037,690|
||Establishment||188,950|||405,074|594,024|
||Welfare and|catering|436,960|||621,598|1,058,558|
||Administration||781,093||381,395|514,161|1,676,649|
||Other academic and support|||||511,400|51 1,400|
||costs|||||||
||Governance|costs||||18,020|18,020|
||||5,303,406||381,395|2,211,540|7,896,341|
||||R5,303,406||8427,560|F2,248,136|R7,979,102|
|9.|INTEREST PAYABLE AND SIMILAR CHARGES|||||2022|2021|
|||||||E|E|
||Bank interest|||||f80,725|E76,468|
|10.|TAXATION|||||||
|THE PRIOR'S FIELD SCHOOL TRUST LIMITED|THE PRIOR'S FIELD SCHOOL TRUST LIMITED|||
|---|---|---|---|
|NOTES|TO THE CONSOLIDATED
FINANCIAL
STATEMENTS (continued)|||
|FOR THE YEAR ENDED 31 JULY 2022||||
|11.|INVESTMENT
IN SUBSIDIARY UNDERTAKING|2022|2021|
|||E|E,|
||Priors Field Enterprises
Limited|F.12,82Q|812,820|
||Incorporated
in England and Wales|||
||Activity: Provision of Sport and Leisure facilities, transport|service and project management.||
##
|12.|TANGIBLE FIXEDASSETS|-GROUP||||||||
|---|---|---|---|---|---|---|---|---|---|
|||Freehold|Assets in|||Furniture||||
|||land and|course of||Leasehold|fittings and|Plant and|Motor||
|||buildings|construction||properly|equipment|machinery|vehicles|Total|
|||E|E||E|E|E|E|E|
||Cost or deemed cost|||||||||
||At I August 2021|15,059,971|||1,435,735|1,Q04,163|50,015|0|17,549,884|
||Additions at cost|||||143,439||6,QOO|149,439|
||Disposals|||||||||
||At 31 July 2022|15,059,971|||1,435,735|1,147,602|50,015|6,000|17,699,323|
||Depreciation|||||||||
||At
1 August 2021|1,488,011|||677,890|659,844|39,612|0|2,865,357|
||Charge for the year|266,199|||25,635|120,350|5,201|1,500|418,885|
||Disposals|||||||||
||At 31 July 2022|1,754,210|||703,525|780,194|44,813|1,500|3,284,242|
||Net Book Value|||||||||
||At 31 July 2022|E13,305,761||E-|E732,210|f367,408|E5,202|K4,500|E14,415,081|
||At 31 July 2021|E13,571,960||E-|f757,845|2344,319|%10,403|EQ|f14,684,527|
##
|||Freehold|Freehold|Assets in|Furniture|||||
|---|---|---|---|---|---|---|---|---|---|
|||land|and|course of|fittings and||Motor|||
|TRUST||buildings||construction|equipment|Vehicles|||Total|
||||E|E|E||E||E|
|Cost ordeemed cost||||||||||
|At
I August|2021|15,059,970|||974,448||||16,034,418|
|Additions|||||143,439||6,000||149„439|
|Disposals||||||||||
|Transfer||||||||||
|At 31 July 2022||15,059,970|||1,117,887||6,000||16,183,858|
|Depreciation||||||||||
|At
1 August|2021|1,488,011|||639,897||||2,127,908|
|Charge for the year|||266,199||119,021||1,500||386,720|
|Disposals||||||||||
|At 31 July 2022||1,754,210|||758,918||1,500||2,514,628|
|Net Book Value||||||||||
|At 31 July 2022||f13,305,760|||6358,969||f4,500||813,669,229|
|At 31 July 2021||f13,5?1,959|||8334,551||||f13,906,510|
|STOCK: GROUP AND TRUST|||||||2022||2021|
|||||||||E|E|
|Stationery|||||||||2,595|
|Other||||||||41,552|37,151|
||||||||841,552||E39,746|
|DEBTORS|||||Group|||Trust||
||||||2022|2021|2022||2021|
||||||E|E||E|E|
|Unpaid fees|and miscellaneous||debtors||163,912|72,458|161,416||67,502|
|Prepayments|and accrued|income|||178,368|156,930|I|77,134|144,022|
|Other debtors|||||18,071|75,208||18,071|75,208|
||||||R360,351|f304,596|f356,621||8286„732|
##
##
|15.|CREDITORS: amounts|CREDITORS: amounts|falling|due within|1 year|Group|Group|Trust||
|---|---|---|---|---|---|---|---|---|---|
|||||||2022|2021|2022|2021|
|||||||E|E||f.|
||Bank loans and overdrafts|||||3?7,167|330,714|377,167|330,714|
||Trade creditors|||||141,739|302,397|141,070|300,790|
||Fees received|in advance||and deposits|held|569,650|404,933|569,650|404,933|
||Taxation and social||security|||111,466|99,605|110,471|98,571|
||Other creditors|||||504,879|394,350|504,879|394,350|
||Accruals and|deferred income||||411,315|452,547|408,078|449,484|
||Amounts
due|to subsidiary||||||328,690|331,994|
|||||||R2,116,216|R1,984,546|R2,440,005|R2,310,836|
||ANALYSIS OF DEFERRED INCOME|ANALYSIS OF DEFERRED INCOME||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Group||||Trust||
||||2022|||2021|2022||2021|
||||E|||E|E||E|
||Deferred income at|1 August||662||662||662|662|
||Applied
during the year||2,|130|||2,130|||
||Released during the|year|(662)||||(662)|||
||Deferred income at|31 July|R2,|130||F.662|R2,|130|$662|
|16.|CREDITORS: amounts
falling due|||||||||
||after more than one year||||Group|||Trust||
|||||2022||2021||2022|2021|
||Due within 1-2years|||E||E||E|E|
||Bank loans|||377,167||330,714||377,167|330,714|
||Fees in advance|||82,264||94,140||82,264|94,140|
||Due within 2 - 5 years|||||||||
||Bank loans|||1,131,502||992,141|1,131,502||992,141|
||Feesin advance|||45,219||15,846||45,219|15,846|
||Due after 5years (payable by instalments)|||||||||
||Bank loans|||1,752,271||2,253,117|1,752,271||2,253,117|
|||||R3,388,423||R3,685,958|F3,388,423||F3,685,958|
##
##
|UNRESTRICTED|UNRESTRICTED|FUNDS|Brought||||Carried|
|---|---|---|---|---|---|---|---|
||||forward at||||forward at|
||||1 August||||31 July|
||||2021|Income|Expenditure|Transfers|2022|
||||E|R|E|E|F.|
|General funds||||8,847, 170|(8,462,543)|(384,627)||
|Non-charitable||funds|1,115,793|10,866|(58,492)||1,068,167|
||||1,115,793|8,858,036|(8,521,035)|(384,627)|1,068,167|
|Designated|funds|||||||
|Property fund|||9,814,068|||384,627|10,198,695|
||||9,814,068|||384,627|10,198,695|
||||R10,929,861|F8,858,036|R(8,521,035)||f11,266,862|
|||||Brought||||Carried|
|---|---|---|---|---|---|---|---|---|
|||||forward at||||forward at|
|||||1 August||||31 July|
|||||2020|Income|Expenditure|Transfers|2021|
|||||E|E|E|E|E|
|General|funds||||8,036,052|(7,845,052)|(191,000)||
|Non-charitable|||funds|1,137,064|61,490|(82,761)||1,115,793|
|||||1,137,064|8,097,542|(7,927,813)|(191,000)|1,115,793|
|Designated||funds|||||||
|Property|fund|||9,623,068|||191,000|9,814,068|
|||||9,623,068|||191,000|9,814,068|
|||||R10,760,132|R8,097,542|F.(7,927,813)||210,929,861|
##
|RESTRICTED FUNDS|RESTRICTED FUNDS|RESTRICTED FUNDS|Brought||||Carried|
|---|---|---|---|---|---|---|---|
||||forward at||||forward at|
||||1 August||||31 July|
||||2021|Income|Expenditure|Transfers|2022|
||||E|E|E|E|E|
|Blake award|||7,207||||7,207|
|Archive|Fund||11,279|579|(11,858)|||
|Catering|Van|Fund||2,085|(417)||1,668|
|Rose Garden||Fund||271|||271|
|Foundation|||231,072|4,972|(88,927)||147,117|
||||K249,558|K7,907|E,(101,202)||f156,263|
##
|||Brought||||Carried|
|---|---|---|---|---|---|---|
|||forward at||||forward at|
|||1 August||||31 July|
|||2020|Income|Expenditure|Transfers|2021|
|||E|E|E|E|E|
|Blake award||7.207||||7,207|
|Archive|Fund|4,550|20,777|(14,048)||11,279|
|Foundation||254,592|13,721|(37,241)||231,072|
|||K266,349|834,498|R(51,289)||R249,558|
|18.|ANALYSIS|OF TRUST NET ASSETS BETWEEN|OF TRUST NET ASSETS BETWEEN|OF TRUST NET ASSETS BETWEEN|OF TRUST NET ASSETS BETWEEN|FUNDS|Tangible|Other assets/||
|---|---|---|---|---|---|---|---|---|---|
||||||||Fixed assets|(liabilities)|Total|
||||||||2022|2022|2022|
||GROUP||||||E|E|E|
||Restricted||funds|||||156,263|156,263|
||Unrestricted||funds|||||||
||General
funds||||||3,470,534|(3,470,534)||
||Non charitable|||funds: trading|subsidiary||745,852|322,315|1,068,167|
||Designated||funds||||10,198,695||10,198,695|
||||||||f14,415,081|R(2,991,956)|F.11,423,125|
||||||||Tangible|Other assets/||
|||||||Investments|Fixed assets|(liabilities)|Total|
|||||||2022|2022|2022|2022|
||TRUST|||||E|E|E|E|
||Restricted|funds||||||156,263|156,263|
||Unrestricted||funds|||||||
||General
funds|||||12,820|3,470,531|(3,483,351)||
||Designated||funds||||10,198,695||10,198,695|
|||||||f12,820|f13,669,226|R(3,327,088)|810,354,958|
|18.|||||||Tangible|Other assets/||
||||||||Fixed assets|(liabilities)|Total|
||||||||2021|2021|2021|
||GROUP||||||E|E|E|
||Restricted|funds||||||249,558|249,558|
||Unrestricted||funds|||||||
||General
funds||||||4,092442|(4,092,442)||
||Non charitable|||funds: trading|subsidiary||778,017|337,776|1,115,793|
||Designated||funds||||9,814,068||9,814,068|
||||||||214,684,527|K(3,505,108)|EI 1,179,419|
||||||||Tangible|Other assets/||
|||||||Investments|Fixed assets|(liabilities)|Total|
|||||||2021|2021|2021|2021|
||TRUST|||||E|E|E|E|
||Restricted funds|||||||249,558|249,558|
||Unrestricted||funds|||||||
||General
funds|||||12,820|4,092,442|(4,105,262)||
||Designated||funds||||9,814,068||9,814,068|
|||||||K12,820|R13,906,510|R(3,855,704)|810,063,626|
##
##
|21.|OPERATING|LEASE COMMITMENTS|2022|2021|
|---|---|---|---|---|
||Operating|leases not related to land and buildings|E|E|
||Within one
Within
1 -2|year
years|30,444
12,243|34„560
30,444|
||Within 2 - 5|years|16,347|28,388|
||||F.59,034|F93,392|
##
##
||||Unrestricted|Restricted||
|---|---|---|---|---|---|
||||Funds|Funds|2021|
|INCOME FROM|||E,|E|E|
|Charitable
activities||||||
|Fees|||7,355,781||7,355,781|
|Other academic income|||572,717||572,717|
|Other income|||55,183||55,183|
|Donations and legacies|||57,712|34,498|92,210|
|Other trading
activities||||||
|Letting income|||47,743||47,743|
|Hire of sports and|transport|facilities|8,260||8,260|
|Investments|||146||146|
|Total income|||8,097,542|34,498|8,132,040|
|EXPENDITURE ON||||||
|Raising Funds||||||
|Trading expenditure|||82,761||82,761|
|Charitable
activities||||||
|Educational
expenditure|||7,845,052|51,289|7,896,341|
|Total expenditure|||7,927,813|51,289|7,979,102|
|NET INCOME|||169,729|(16,791)|152,938|
|Gains on revaluation|of fixed|assets||||
|NET MOVEMENT
IN FUND|||169,729|(16,791)|152,938|
|Total funds at
1 August 2020|||10,760,132|266,349|11,026,481|
|Total funds at 31 July|2021||F.10,929,861|R249,558|f11,179,419|