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|Contents|||Page|
|---|---|---|---|
|Reference and Administrative||Information|1|
|Governors'<br>Report|||2-9|
|Independent<br>Auditors'|Report||10-12|
|Statement ofFinancial|Activities||13|
|Balance Sheet|||14|
|Cash Flow Statement|||15|
|Notes to the Financial|Statements||16-26|





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|Trustees|and Governors|and Governors|and Governors|and Governors|Mrs J M Hamilton||LLB (Hans),|LLM, DL (Chair)|
|---|---|---|---|---|---|---|---|---|
||||||Mrs FGent BSc(Hons), ACA (Vice Chair)||||
||||||Mr J D Anderson|MA, FIA|||
||||||Mrs EC Bates BA||(Hons), PGCE, FRGS||
||||||Ms E L Gabe BA|(Hons), ACA|||
||||||Mrs E L Mee BA|(Hons)|||
||||||Mrs S Norville<br>BA,||QTS, NPQH||
||||||Mr RJ M O' Hara|MA, RICS|||
||||||Mr J Rotheram<br>BSc (Hons)||||
||||||Mrs R A Sturt BA,||MEng, PGCE||
|Company|registered|||number|00676565||||
|Charity registered|||number||312069||||
|Registered office|||||10Somers Road||||
||||||Reigate||||
||||||Surrey||||
||||||RH2 9DU||||
|Company|Secretary||||Mrs L A Butterworth||(appointed|9September 2022)|
||||||Mrs J M Hamilton|(resigned 9 September 2022)|||
|Headmaster|||||Mr R M Arde BA,|NPQH|||
|Independent||auditors|||Jacob Cavenagh|&Skeet|||
||||||5 Robin Hood Lane||||
||||||Sutton||||
||||||Surrey||||
||||||SM1 2SW||||
|Bankers|||||Barclays Bank Pic||||
||||||10-12The Martletts||||
||||||Crawley||||
||||||West Sussex||||
||||||RH10 1ES||||
|Solicitors|||||Moore Barlow LLP||||
||||||The Oriel||||
||||||Sydenham<br>Road||||
||||||Guildford||||
||||||Surrey||||
||||||GU1 3SR||||
|Insurance|brokers||||Hettle Andrews<br>&|Associated<br>Ltd|||
||||||11 Brindley Place,||2 Brunswick|Square|
||||||Birmingham||||
||||||B1 1LP||||





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||||||
|---|---|---|---|---|
|Governor Name||Estates|Education|Finance 8|
|||and|8 Staffing|General|
|||Health||Purposes|
|||&|||
|Mr J D Anderson<br>MA, FIA||Safety|||
|Mrs EC Bates BA (Hons), PGCE, FRGS|||||
|Mrs C M Cartmell<br>LLB(Hons) (resigned<br>' Mr J D Emmerton<br>BSc(Hons) (resigned|8 November 2022)<br> 6June 2023)||||
|Ms E<br>I Gabe BA (Hons), ACA<br>* Mrs FGent BSc(Hons), ACA (Vice Chair)|||||
|Mrs J M Hamilton<br>LLM, DL (Chair)|||||
|Mrs E Mee BA (Hons)|||||
|+Mrs S Norville<br>BA, QTS, NPQH<br>*Mr R O'Hara MA, RICS|||||
|Mr J Rotheram BSc(Hons)|||||
|Mrs R A Sturt BA, MEng, PGCE|||||



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|||Note|f|2023|f|f|2022|f|
|---|---|---|---|---|---|---|---|---|
|Fixed assets|||||||||
|Intangible assets||10|||16,945||||
|Tangible assets||11||3760669|||3|831 868|
|||||3,777,614|||3,831,868||
|Current assets|||||||||
|Debtors||12|79,775|||49,460|||
|Cash|||779133|||451 861|||
||||858,908|||501,321|||
|Liabilities: Amounts|falling due||||||||
|within one year||13|519618|||559 107|||
|Net current assets/(liabilities)||||339290||||57786)|
|Total assets less current liabilities||||4,116,904|||3,774,082||
|Liabilities: Amounts|falling due after||||||||
|more than one year||14||294 204||||332410|
|Net assets|||||||||
|Funds|||||||||
|Restricted funds||15|||1,904|||4,594|
|Unrestricted<br>funds||15||382D 796|||3|437 D78|
|Total funds||16||3822 700|||3|441 672|





|||||||2023||2022|||
|---|---|---|---|---|---|---|---|---|---|---|
|Cash provided<br>by operating|activities|||||422,951|||279,794||
|Cash used in investing<br>activities:|||||||||||
|Interest and dividends<br>received||||||10,357||47|||
|Amount<br>invested<br>to purchase|tangible||||||||||
|fixed assets|||||(|23,154)||( 68,647)|||
|Amount<br>invested to purchase|intangible||||||||||
|fixed assets|||||(|21,181)|||||
|Proceeds on the disposal offixed assets||||||1 375|||||
|Cash (used in) investing<br>activities||||||(|32,603)||(|68,600)|
|Cash used in financing<br>activities:|||||||||||
|New loans||||||||38,292|||
|Repayment<br>of loans|||||(|31,684)||(32,613)|||
|Repayments<br>offinance leases<br>Interest<br>paid|||||( 15,388)<br>~16004|||( 4,467)<br>( 9875)|||
|Cash (used in) financing<br>activities||||||(|63076)||(|8663)|
|Net cash inflow||||||327,272|||202,531||
|Cash and cash equivalents<br>brought||forward||||451 861|||249330||
|Cash and cash equivalents|carried||forward|||~77<br>133|||~41||
|Cash provided<br>by operating|activities:||||||||||
|Net income||||||381,028||||50,355|
|Depreciation|||||||94,353|||94,698|
|Amor(isation|||||||4,236||||
|Bank interest receivable||||||(|10,357)||(|47)|
|Bank interest payable|||||||16,004|||9,875|
|Profit on disposal offixed assets||||||(|1,375)||||
|Change<br>in debtors<br>Change<br>in creditors||||||( 30,315)<br>~30623||||26,332<br>98581|
|||||||422 951|||279 794||
|ANALYSIS OF CHANGES<br>IN|NET|DEBT|||||||||
||||Brought||forward<br>f|Cashflows||Carried|forward<br>E||
|Cash at bank||||451,861||327,272|||779,133||
|Debt due in less than<br>1 year<br>Debt due in more than<br>1 year<br>Finance leases|||( 31,753)<br>( 224,696)<br>( 40 175)<br>~15237|||325<br>31,359<br>18888<br>~4288||(<br>31,428)<br>( 193,337)<br>24 787)<br>MZB~|||





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|3<br>DON|A|TIONS<br>AND LEGACIES|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||fundsf|fundsf|2023f|2022f|
|Donations|||18,119||18,119|12,284|
|Grants|||7 000||7 000|2 055|
|4<br>SCHOOL FEESRECEIVABLE|||||||
||||Unrestricted|Restricted|Total|Total|
||||funds<br>f|funds<br>f|2023|2022f|
|Gross fees|||3,120,799||3,120,799|2,724,932|
|Bursaries|and discounts||( 232,473)||( 232,473)|(162,193)|
|Registration||fees|9,700||9,700|8,270|
|Ancillary|income||53 891||53891|39492|





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## 

|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||fundsf|funds|2023f|2022f|
|Rental Income||||16,065||16,065|10,050|
|Bank Interest||||10357||10357|47|
|||||26422||26 422|10097|
|6<br>OTHER INCOME||||||||
|||||Unrestricted|Restricted|Total|Total|
|||||fundsf|fundsf|2023<br>f.|2022f|
|Other Income||||4 063||4 063|19445|
|||||4 063||~06|1K445|
|7<br>NET INCOME||||||||
|Net income<br>is stated after charging:||||||2023|2022f|
|Depreciation||||||94,353|93,619|
|Amortisation||||||4,236||
|Auditor's<br>remuneration:||audit fee||||9,420||
|Auditor's<br>remuneration:||non-audit|fee|||2,220||
|Previous auditor's|remuneration:||audit fee||||9,780|
|Previous<br>auditor's|remuneration:||non-audit fee||||2,850|
|Operating<br>lease rentals||||||18402|18402|




||||Staff|Other|Depreciation|8|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||costs<br>f|f|amortisation<br>f||2023<br>F|2022f|
|Charitable|Activities:||||||||
|Teaching|||1,469,966|152,477|18,895||1,641,338|1,693,076|
|Welfare||||201,078||427|201,505|208,083|
|Premises|||84,833|218,994|72,386||376,213|328,304|
|Support|||238 351<br>179315D|146201<br>71875D|6 <br>98|881<br>589|391433<br>2 610489|364 689<br>2 594 152|
|Raising funds:|||||||||
|School financing||costs||16004|||16004|9875|
||||1 793150|734754|~98|5 9|26M 4(93|Z594327|





## 

|||2023|2022|
|---|---|---|---|
|||Z|E|
|Wages|and salaries|1,449,497|1,452,224|
|National|Insurance|139,925|142,600|
|Pension|costs (see Note 17)|203 728|238813|
|||1283350|~734 837|



|The average|number<br>ofemployees<br>during<br>the year was as fo|llows:||
|---|---|---|---|
|||2023f|2022|
|Teaching Staff||29|28|
|Academic Support||9|9|
|Administration||7|6|
|Maintenance|and Housekeeping|4|5|
||||M4|



|2023|2022|
|---|---|
|E|E|





## 

|10<br>INTANGIBLE FIXEDASSETS|||||||
|---|---|---|---|---|---|---|
|||||Website<br>f||2023 Total<br>f|
|Cost or Valuation|||||||
|At 1 September 2022|||||||
|Additions||||21,181||21,181|
|Disposals|||||||
|At 31 August 2023||||21 181||21 181|
|Depreciation|||||||
|At 1 September 2022|||||||
|Charge for the year||||4,236||4,236|
|Released on disposals|||||||
|At 31 August 2023||||4 236||4236|
|Net book value<br>At 31 August 2023||||~1||~4|
|At 31 August 2022|||||||
|11<br>TANGIBLE FIXEDASSETS|||||||
||Freehold|Freehold|Motor|Fixtures 8||2023|
||Property|Land<br>f|vehicles<br>f|Fittings<br>f||Total<br>f|
|Cost or Valuation|||||||
|At 1 September 2022|4,823,331|359,500|19,920|629,691|5,832,442||
|Additions<br>Disposals<br>At 31 August 2023|4823 331|359500|19920|23,154<br>28493) <br>624352|23,154<br> ~28 493)<br>5827103||
|Depreciation|||||||
|At 1 September 2022|1,431,721||10,845|558,008|2,000,574||
|Charge for the year<br>Released on disposals|65,140||2,269|26,944<br>) 28493)|)|94,353<br>28493)|
|At 31 August 2023|1 496 861||13114|556 459|2|066434|
|Net book value<br>At 31 August 2023|3526470|359500|~|977)|6siu69||
|At 31 August 2022|~3 39) 6|~59490|9075|22)L83|3|831 868|





## 

||||||2023|2022|
|---|---|---|---|---|---|---|
||||||6|6|
|Trade debtors|||||20,975|557|
|Prepayments|and|accrued income|||58 800<br>~79 77|48 903<br>~0|
|13<br>CREDITORS: Amounts||||falling due within one year|||
||||||2023|2022|
||||||E|6|
|Bank loans|||||31,428|31,753|
|Fees received|in|advance|(deferred income)||317,593|371,064|
|Trade creditors|||||42,956|51,641|
|Other tax and|social security||||35,809|35,983|
|Finance leases|||||13,520|15,388|
|Other creditors|||||45,256|23,401|
|Accruals|||||33056|29877|
|Deferred<br>Income||brought|forward||371,064|293,200|
|Additions|||||317,593|371,064|
|Release|||||(371 064)|(293200)|
|Deferred income||cardied|forward|||064|
|14<br>CREDITORS: Amounts||||falling after more than one year|||
||||||2023|2022|
||||||6|8|
|Bank Loans|||||193,337|224,696|
|Finance Leases|||||11,267|24,787|
|Other creditors|||||89600<br>~94|82 927<br>~1|
|Loan instalments||due in over||five years|~3948|~81 72|





|15<br>STATEMENT OF FUNDS|15<br>STATEMENT OF FUNDS||||||
|---|---|---|---|---|---|---|
|||Balance||||Balance|
|||brought||||canied|
|2023||forward<br>f|income|Expenditure<br>f|Transfers<br>f|forward<br>f|
|Designated|funds:||||||
|Bursaries||79,845|(101,979)||104,196|82,062|
|Unrestricted|funds:||||||
|General funds||3357233<br>3437078|3109500<br>30~~1|(2 623 803)<br>(2623 803)|(104 196)|3 738734<br>3820796|
|Restricted|funds:||||||
|Grants and|Donations|4594<br>~441 67|~7!21|2 69D)<br>(2~626 49||1 9D4|
|2022|||||||
|Designated|funds:||||||
|Bursaries||66,765|(70,273)||83,353|79,845|
|Unrestricted|funds:||||||
|General funds||3318452<br>3ak2'1 7|2 724 655<br>~26a2|(2602521)|(93353)|3357233<br>~47 078|
|Restricted|funds:||||||
|Grants and|Donations|6 1DD||1 506)||4 594|
|||Dalt ')(2|2.654 382|(22063)u)|||





## 

## 


|16<br>A|NALYSIS OF NET ASSETS BYFUND||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|2023||funds<br>f|funds|funds<br>E|
|Fixed Assets||3,777,614||3,777,614|
|Current|Assets|857,004|1,904|858,908|
|Current<br>liabilities<br>Creditors due in more than one year||( 519,618)<br>) 294 204)<br>3820 796|1 904|( 519,618)<br>) 294204)<br>3 822 701)|
|2022|||||
|Fixed assets||3,831,868||3,831,868|
|Current|assets|496,727|4,594|501,321|
|Current<br>Creditors|labilities<br> due in more than one year|( 559,107)<br>332410)<br>3437k77|~45 4|( 559,107)<br>) 332410)<br>3441 572|



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