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||||Page|
|---|---|---|---|
|Reference and administrative||details ofthe charity, its Trustees and advisers||
|Trustees' report|||2-13|
|Independent
auditor's|report|on the financial statements|14-17|
|Statement offinancial|activities||18|
|Balance sheet|||19-20|
|Statement ofcash flows|||21|
|Notes to the financial|statements||22-38|
|StChristopher's|StChristopher's|StChristopher's|School Trust (Epsom) Limited|School Trust (Epsom) Limited|School Trust (Epsom) Limited|School Trust (Epsom) Limited||||
|---|---|---|---|---|---|---|---|---|---|
|(Acompany||limited||by guarantee)||||||
|Reference|and administrative
details ofthe||||charity, its|||Trustees|and advisers|
|for the year||ended 31August 2022||||||||
|Trustees||||Mr Alastair Dominic||Roberts, Chair||||
|||||Mrs Dawn Bhoma||||||
|||||Mrs Helen Crossley||||||
|||||Mrs Elizabeth
Hibbert||||||
|||||Mr Stephen
Mainstone||||||
|||||Mr Bryan O'Callaghan||||||
|||||Mrs Ciara Chellun|{appointed 27 October||||2021)|
|||||Mr Mark O'Halloran||(appointed||27October 2021)||
|||||Dr Nadia Oozeerally||(appointed||27October 2021)||
|||||Mrs Sarah Raja (appointed 9 November|||||2022)|
|||||Mrs Kirsty Park (resigned|||22 June 2022)|||
|||||Mr Nigel Field (resigned|||10November 2021)|||
|Company|registered|||||||||
|number||||00830735||||||
|Charity registered||||||||||
|number||||312045||||||
|Registered||oNce||6 Downs Road||||||
|||||Epsom||||||
|||||Surrey||||||
|||||KT185HE||||||
|Secretary||||Mrs H M Serrano||||||
|Headteacher||||Mrs Bronia Grehan||(Appointed||1stSeptember 2022)||
|||||Mrs Annie Thackray||(Retired 31st August|||2022)|
|Independent||auditor||Kreston Reeves LLP||||||
|||||Chartered
Accountants||||||
|||||Statutory Auditor||||||
|||||Springfield
House||||||
|||||Springfield
Road||||||
|||||Horsham||||||
|||||West Sussex||||||
|||||RH12 2RG||||||
|Bankers||||Lloyds Bank Pic||||||
|||||64 High Street||||||
|||||Epsom||||||
|||||Surrey||||||
|||||KT198AT||||||
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|for the year en|ded|31August 202|2|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
|||||2022|2022|2022|2021|
||||Note||R||E|
|Income from:||||||||
|Donations
and|legacies||3||13,182|13,182|21,160|
|Charitable
activities|||4|1,784,506|(500)|1,784,006|1,618,006|
|Investments|||6|191||191|2,798|
|Total income||||1,784,697|12,682|1,797,379|1,641,964|
|Expenditure
on:||||||||
|Charitable
activities|||7|1,670,136|13,557|1,683,693|1,531,432|
|Total expenditure||||1,670,136|13,557|1,683,693|1,531,432|
|Net movement|in funds|||114,561|(875)|113,686|110,532|
|Reconciliation|offunds:|||||||
|Total funds brought||forward||1,333,135|1,833|1,334,968|1,224,436|
|Net movement|in funds|||114,561|(875)|113,686|110,532|
|Total funds carried forward||||1,447,696|958|1,448,654|1,334,968|
|as at 31August 20|22||||||
|---|---|---|---|---|---|---|
|||||2022||2021|
|||Note|||||
|Fixed assets|||||||
|Tangible assets||13||471,623||515,504|
|||||471,623||515,504|
|Current assets|||||||
|Stocks|||1,224||||
|Debtors||14|375,498||329,256||
|Cash at bank and in hand|||1,315,891||1,158,199||
||||1,692,613||1,487,455||
|Creditors: amounts|falling due within one||||||
|year||15|(715,582)||(667,991)||
|Net current assets||||977,031||819,464|
|Total net assets||||1,448,654||1,334,968|
|Charity funds|||||||
|Restricted
funds||16||958||1,833|
|Unrestricted
funds||16||1,447,696||1,333,135|
|Total funds||||1,448,654||1,334,968|
##
##
|Statement ofcash flows||||
|---|---|---|---|
|for the year ended 31August 2022||||
|||2022|2021|
|Cash flows from operating
activities||||
|Net cash used in operating
activities||158„360|192,442|
|Cash flows from investing
activities||||
|Dividends,
interests and rents from investments||191|2,798|
|Purchase oftangible fixed assets||(859)||
|Net cash (used in)/provided
by investing|activities|(668)|2,798|
|Cash flows from financing
activities||||
|Net cash provided
by fInancing
activities||||
|Change
in cash and cash equivalents
in|the year|157,692|195,240|
|Cash and cash equivalents
at the beginning|ofthe year|1,158,199|962,959|
|Cash and cash equivalents
at the end of|the year|1,315,891|1,158,199|
|The notes on pages 22 to 38 form part ofthese financial statements||||
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|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021|2021|2021|
|Donations|||15,777|15,777|
|Grants||5,383||5,383|
|Total 2021||5,383|15,777|21,160|
|Income from charitable|activities||||
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2022
K|2022f|2022
K|
|Teaching (note 5)||1,684,215|(500)|1,683,?15|
|Premises||590||590|
|Before &after school care and holiday club||99,701||99,701|
|Total 2022||1,784,506|(500)|1,784,006|
||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2021|2021|
|Teaching (note 5)|1,564,186|1,564,186|
|Premises|1,100|1,100|
|Before &after school care|52,720|52,720|
|Total 2021|1,618,006|1,618,006|
##
##
||Unrestricted|Restricted|Total|
|---|---|---|---|
||funds|funds|funds|
||2022|2022|2022|
|Fee income|1,708,046||1,708,046|
|Uniform
income|909||909|
|Discounts|(12,386)||(12,386)|
|Bursaries|(12,354)|(500)|(12,854)|
|Total 2022|1,684,215|500|1,683,715|
|||Unrestricted|Total|
|||funds|funds|
|||2021|2021|
|||F|E|
|Fee income||1,579,842|1,579,842|
|Uniform
income||1,182|1,182|
|Discounts||(10,770)|(10,770)|
|Bursaries||(6,068)|(6,068)|
|Total2021||1,564,186|1,564,186|
##
##
||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||2022|2022|2021|
|Investment|income|-|bank|interest|191|191|2,798|
##
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##
||||Unrestricted|Restricted||
|---|---|---|---|---|---|
||||funds|funds|Total|
||||2022f|2022|2022|
|Teaching|||1,235,296|5,724|1,241,020|
|Premises|||231,147||231,147|
|Ancillary and other|||189,581||189,581|
|Charitable|donations||105|7,833|7,938|
|Expenditure|on governance||14,007||14,007|
|Total 2022|||1,670,136|13,557|1,683,693|
||||Unrestricted|Restricted||
||||funds|funds|Total|
||||2021|2021|2021|
|Teaching|||1,117,418|5,980|1,123,398|
|Premises|||210,769||210,769|
|Ancillary and other|||179,713||179,713|
|Charitable|donations|from collections|36|4,254|4,290|
|Expenditure|on governance||13,262||13,262|
|Total 2021|||1,521,198|10,234|1,531,432|
##
|||||Activities|Grant|||
|---|---|---|---|---|---|---|---|
|||||undertaken|funding
of|Support|Total|
|||||directly|activities|costs|funds|
|||||2022|2022|2022|2022|
|||||||R|R|
|Teaching||||1,241,020|||1,241,020|
|Premises||||231,147|||231,147|
|Ancillary and||other||189,581|||189,581|
|Charitable|donations||from collections||7,938||7,938|
|Expenditure||on governance||||14,007|14,007|
|Total2022||||1,661,748|7,938|14,007|1,683,693|
##
##
||||Activities|Grant|||
|---|---|---|---|---|---|---|
||||undertaken|funding of|Support|Total|
||||directly|activities|costs|funds|
||||2021|2021|2021f|2021f|
|Teaching|||1,123,398|||1,123,398|
|Premises|||210,769|||210,769|
|Ancillary and other|||179,713|||179,713|
|Charitable|donations|from collections||4,290||4,290|
|Expenditure|on governance||||13,262|13,262|
||||1,513,880|4,290|13,262|1,531,432|
##
||||Ancillary|Total|
|---|---|---|---|---|
||Teaching|Premises|and other|funds|
||2022
f|2022|2022f|2022f|
|Staff costs|1,081,115|48,169|189,581|1,318,865|
|Depreciation||44,741||44,741|
|Academic|63,948|||63,948|
|Administration|82,567|||82,567|
|Property||138,237||138,237|
|Financial|13,390|||13,390|
|Total 2022|1,241,020|231,147|189,581|1,661,?48|
##
##
##
|Analysis ofdirect costs (conti|nued)||||
|---|---|---|---|---|
||||Ancillary and|Total|
||Teaching
2021|Premises
2021|other
2021|funds
2021|
|||||F|
|Staff costs|1,008,821|43,133|179,713|1,231,667|
|Depreciation
Academic|49,316|52,755||52,755
49,316|
|Administration|52,138|||52,138|
|Property
Financial|13,123|114,881||114,881
13,123|
||1,123,398|210,769|179,713|1,513,880|
|9.|Analysis ofgrants|Analysis ofgrants||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||Grants to||Total|
|||||||||||Institutions||funds||
||||||||||||2022||2022|
||||||||||||||R|
||Charitable
donations
from collections||||||||||7,938||7,938|
||All grants
paid
collections and|in the current
were recorded||and
prior year represented
as income and expenditure|||restricted
charitable
from restricted
funds.||||donations|received|from|
||||||||||||Grants to||Total|
||||||||||||Institutions||funds|
||||||||||||2021
F||2021f|
||Grants, Charitable
donations||from||collections||||||4,290||4,290|
|10.|Governance costs -Auditor's|||remuneration||||||||||
||||||||||||2022||2021|
||Fees payable
accounts|to the charity's|auditor|||for the audit ofthe charity's||annual|||8,500||8,760|
||Fees payable to the charity's
auditor
in respect of:
All non-audit
services not included above||||||||||4,146||2,910|
##
|year ended
Staff costs|31Augus|t 2022||||
|---|---|---|---|---|---|
|||||2022|2021|
||||||f.|
|Wages and|salaries|||1,067,073|992,030|
|Social security costs||||86,135|78,362|
|Contribution|to defined|contribution|pension schemes|165,657|161,275|
|||||1,318,865|1,231,667|
|The average n|u|mber of persons employed
by the charity du|ring the year was as follows:||
|---|---|---|---|---|
||||2022|2021|
||||No.|No.|
|Teaching - Full||time|11|11|
|Teaching - Part||time|26|24|
|Administrative|and ancillary staff||12|12|
|||||47|
||||||2022|2021|
|---|---|---|---|---|---|---|
||||||No.|No.|
|In|the|band|F90,001|- f100,000|1|1|
##
|Key management
personnel|||
|---|---|---|
||2022|2021|
|||F|
|Wages and salaries|258,913|247,812|
|Social security costs|32,001|29,301|
|Other pension costs|50,566|47,930|
||341,480|325,043|
##
##
||Freehold|Freehold|Fixtures and|Computer||
|---|---|---|---|---|---|
||property|improvem'ts|fittings|equlpinent|Total|
||||||R|
|Cost orvaluation||||||
|At 1 September 2021|182,291|722,170|169,547|91,841|1,165,849|
|Additions|||859||859|
|Disposais||||(26,666)|(26,666)|
|At 31 August 2022|182,291|722,170|170,406|65,175|1,140,042|
|Depreciation||||||
|At 1 September 2021|136,826|267,578|154,100|91,841|650,345|
|Charge for the year|3,645|34,387|6,708||44,740|
|On disposais||||(26,666)|(26,666)|
|At 31August 2022|140,471|301,965|160,808|65,175|668,419|
|Net book value||||||
|At 31August 2022|41,820|420,205|9,598||471,623|
|At 31 August 2021|45,465|454,592|15,447||515,504|
|Debtors||||||
|||||2022|2021|
|||||R||
|Due within one year||||||
|Trade debtors||||362,361|318,182|
|Other debtors||||8|385|
|Prepayments
and accrued income||||13,129|10,689|
|||||375,49&|329,256|
##
##
##
##
|Creditors|: Amounts|falling due|within one year|||
|---|---|---|---|---|---|
|||||2022|2021|
|Trade creditors||||11,231|11,012|
|Other taxation and social security||||21,935|20,324|
|Other creditors||||154,372|146,112|
|Accruals|and deferred|income||528,044|490,543|
|||||715,582|667,991|
|||||2022|2021|
|Deferred|income|||||
|Deferred|income at 1|September||473,252|418,619|
|Resources deferred
during the year||||512,028|473,252|
|Amounts|released from previous||periods|(473,252)|(418,619)|
|Deferred|incomeat|31Auust||512,028|473,252|
##
##
##
##
|||||Balance at 1||||Balance at|
|---|---|---|---|---|---|---|---|---|
|||||September
2021|Income|Expenditure|Transfers
in/out|31August
2022|
|Unrestricted
funds|||||||||
|Designated
funds|||||||||
|Roof repair fund||||80,000|||20,000|100,000|
|Generalfunds|||||||||
|General Funds - all||funds||1,253,135|1,784,697|(1,670,136)|(20,000)|1,347,696|
|Total Unrestricted||funds||1,333,135|1,784,697|(1,670,136)||1,447,696|
|Restricted funds|||||||||
|Charitable
Collections|||Fund||7,833|(7,833)|||
|Parent Teacher Association|||||||||
|Fund|||||5,349|(5,724)||(375)|
|Bursary Hardship|Fund|||1,833|(500)|||1,333|
|||||1,833|12,682|(13,557)|||
|Total offunds||||1,334,968|1,797,379|(1,683,693)||1,448,654|
##
|or th
6.|e year ended 31Au
Statement offunds|e year ended 31Au
Statement offunds|gust 2022
(continued)|gust 2022
(continued)|||||||
|---|---|---|---|---|---|---|---|---|---|---|
||Statement offunds||- prior year||||||||
||||||Balance at|||||Balance at|
||||||1 September||||Transfers|31 August|
|||||||2020|Income|Expenditure|in/out|2021|
|||||||F|||||
||Unrestricted
funds||||||||||
||Designated
funds||||||||||
||Roof repair fund||||60,000||||20,000|80,000|
||General funds||||||||||
||General Funds - all||funds||1,159,524||1,626,1&7|(1,521,198)|(11,378)|1,253,135|
||Total Unrestricted||funds||1,219,524||1,626,187|(1,521,198)|8,622|1,333,135|
||Restricted funds||||||||||
||Charitable
Collections|||Fund||3,079|1,175|(4,254)|||
||Parent Teacher Association||||||||||
||Fund||||||14,602|(5,980)|(8,622)||
||Bursary Hardship|Fund||||1,833||||1,833|
|||||||4,912|15,777|(10,234)|(8,622)|1,833|
||Total offunds||||1,224,436||1,641,964|(1,531,432)||1,334,968|
|17.|Analysis ofnet assets between||||funds||||||
||Analysis ofnet assets between||||funds|-current|year||||
|Analysis|ofn|et asse|ts|between funds -curr|ent year|||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||2022|2022|2022|
|Tangible|fixed|assets|||471,623||471,623|
|Current|assets||||1,691,655|958|1,692,613|
|Creditors|due|within|one|year|(715,582)||(715,582)|
|Total|||||1,447,696|958|1,448,654|
##
##
|Analysis|of n|et assets between funds -prio|r year|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2021|2021|2021|
||||F|||
|Tangible|axed|assets|515,504||515,504|
|Current|assets||1,485,622|1,833|1,487,455|
|Creditors|due|within one year|(667,991)||(667,991)|
|Total|||1,333,135|1,833|1,334,968|
|18.|Reconciliation
ofnet movement|Reconciliation
ofnet movement|in funds to net cash flow from operating|activities||
|---|---|---|---|---|---|
|||||2022|2021|
||||||E|
||Net income for the year (as per Statement of Financial Activities)|||113,686|110,532|
||Adjustments
for:|||||
||Depreciation
charges|||44,740|52,755|
||Dividends,
interests and rents from||investments|(191)|(2,798)|
||Decrease/(increase)|in stocks||(1,224)||
||Increase
in debtors|||(46,242)|(1,433)|
||Increase
in creditors|||47,591|33,386|
||Net cash provided|by operating|activities|158 360|192442|
|19.|Analysis ofcash and cash equivalents|||||
|||||2022|2021|
|||||E||
||Cash in hand|||1,315,891|1,158,199|
||Total cash and cash equivalents|||1,315,891|i,158,199|
##
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##
##
##
##
||||2022|2021|
|---|---|---|---|---|
|||||F|
|Not later than||1 year|1,272|1,272|
|Later than|1 year and not later than 5years||2,226|3,498|
||||3,498|4,770|
##