##
##
##
|||||PAGE|
|---|---|---|---|---|
|Legal and|Administrative|Information|||
|Governors'|Report (incorporating||the Stategic Report)||
|Statement|of Governors'|Responsibilities|||
|Report of|the Independent|Auditors||12|
|Statement|of Financial Activities||||
|Balance Sheet||||17|
|Cash Flow|Statement|||18|
|Notes tothe Financial Statements||||19|
##
|Governors|||||Mr G D Ash bee Chairman|
|---|---|---|---|---|---|
||||||Mrs E AAnderson
BA, LLB,JP(Resigned 23/06/2022)|
||||||Mr D J Barry BSc,MA, GDL|
||||||Mrs T L Harvey M.Ed, RSA, FCoT|
||||||Mr P A Howard
BSC,ACA|
||||||Mrs S Humphrey
BA (Hons), PGCE|
||||||Mrs M Jenner
MBE,JP|
||||||Mr G R Owton
BA|
||||||Mrs H D Quincey
CIPD|
||||||Mr M 0Sadler MA, LLB, FCCA|
||||||Mrs 3St Gallay BA (Hone), PGCE, JP|
||||||Mrs M White LLB(Hons)|
|Senior Leadership|||Team|||
|Head|||||Mrs M LLance BD PGCE|
|Secretary and|||Bursar||Mr N Bmnington
MBE, MBA|
|Senior|Deputy||Head||Mr E A Carradine
BA PGCE GCPS|
|Deputy||Head (Pastoral)|||Miss E Cherry
BA (Hons), PGCE|
|Deputy||Head (Academic)|||Mr SJ Pomeroy
MA (Ed) BSC(Hons) PGCE|
|Assistant||Head|(Operations|&Logistics)|Mr P J Brea kwell
B.Ed Cert.Ed|
|Assistant||Head|(Digital Communication)||Mr GI Starkey
BA (Hons) PGCE|
|Head of||Pre-Prep|||Mrs A Burton Smith MA, QTS|
|Head of||Boarding|||Mr M J Rochford
BSc(Hons) PGCE|
|Head of||Upper|School||Mr IThompson
BA(Hons), QTS|
|Head of||Middle School|||Miss A Wright
BSC(Hone), PGCE|
|Head of||Lower|School||Miss H Marland
BA (Hone), PGCE, BTEC|
|Director||ofStudies|||Mrs CCarradine
MManSci (Hone), DEUF, PGCE|
|Chadity number|||||312070|
|Company|number||||00911933|
|Registered||office and principal||address|Feltonf lect School|
||||||Byflect Road|
||||||Cobham|
||||||Surrey|
||||||KT111DR|
|Auditors|||||TC Group|
||||||The Courtyard|
||||||Shoreham
Road|
||||||Upper Beeding|
||||||Steyning|
||||||West Sussex|
||||||BN44 3TN|
|Bankers|||||Lloyds TSBBank pic|
||||||Commercial
Office|
||||||Brambletye
House|
||||||29 Brighton
Road|
||||||Crawley|
||||||RH10 6AE|
|Solicitors|||||Moore Barlow
LLP|
||||||The Onel|
||||||Sydenham
Road|
||||||Guildford|
||||||Surrey|
||||||GU1 3SR|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|School|School|Places offered|School|Places offered|
|---|---|---|---|---|
||||Notre Dame||
|Box Hill|School||Prior's Field||
|Bradfield|College||Reed's|13|
|Charterhouse|||RGS, Guildford||
|Claremont|Fan Court||StGeorge's College||
|Cranleigh|School|10|St John' s, Leatherhead|17|
##
##
##
|Cranmore||St Teresa's||
|---|---|---|---|
|Epsom College|18|Thomas's Battersea||
|Eton College||Wellington
College||
|Halliford||Winchester
College||
|Hurst||Worth||
|King Edward's,
Witley||||
|School 11+places|Places offered|School 11+places|Places offered|
|Epsom College||Reeds||
|Guildford
High||RGS, Guildford||
|Hampton
School||StCatherine's,
Bramley||
|Lord Wandsworth||StGeorge's College||
|Notre Dame||StJohn's, Leatherhead||
|Queen||StTeresa's||
|Anne's,||||
|Caversham||||
|Queen's Gate||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Notes|Unrestricted|Restricted|Designated|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||Fullds|Funds|Funds|2022|2021|
||||||6|6|6|6|E|
|INCOME FROM:||||||||||
|Donations|||||347|||347|2,000|
|Investments|||||2,875|||2,875|3,646|
|Charitable
activities|||||7,855,203|||7,855,203|7,257,763|
|Total income|||||7,858,425|||7,858,425|7,263,409|
|EXPENDITURE|ON:|||||||||
|Charitable
activities|||||7,372,763|||7,372,763|6,824,161|
|Total expenditure|||||7,372,763|||7,372,763|6,824,161|
|Net income|||||485,662|||485,662|439,248|
|Transfers
between||funds||20|111,715|(24,000)|(87,715)|||
|Net movement|in funds||||597,377|(24,000)|(87,715)|485,662|439,248|
|Fund balances|brought||forward||8,607,547|24,000|215,921|8,847,468|8,408,220|
|Fund balances|carried forward|||20|9,204,924||128,206|9,333,130|8,847,468|
##
##
||Notes|2022||2021||
|---|---|---|---|---|---|
|FIXEDASSETS||||||
|Tangible assets|12||7,167,405||7,229,070|
|CURRENT ASSETS||||||
|Debtors|13|928,253||1,197,536||
|Cash at bank and
in hand||4p885,006||3,818,953||
|||5,813,259||5,016,489||
|CURRENT LIABILITIES||||||
|Creditors due within one year|14|(3,647p534)||(3,398,091)||
|NET CURRENT ASSETS|||2,165,726||1,618,398|
|TOTAL ASSETS LESSCURRENT|LIABILITIES||9,333,130||8,847,468|
|NET ASSETS|||9,333,130||8,847,468|
|REPRESENTED BY:|20|||||
|RESTRICTED FUNDS|||||24,000|
|UNRESTRICTED FUNDS||||||
|General funds||9,204,924||8,607,547||
|Designated
funds||128,206|9,333,130|215,921|8,823,468|
||||9,333,130||8,847,468|
##
##
##
##
|FOR THE YEAR ENDED 31AUGUST|20|22||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Notes|2022||2021||
|Cash flows from operating
activities:||||||||||
|Net income/(expenditure)
for the|year|||||485,662||439,248||
|Adjustments
for:||||||||||
|Depreciation
charges|||||12|388,687||375,494||
|Dividends,
interest and rents from|investments||||7|(2,875)||(3,646)||
|Loss/(profit)
from sale oftangible|fixed assets|||||1,360||3,420||
|(Increase)/decrease
in debtors||||||269,284||418,751||
|Increase/(decrease)
in creditors||||||249,443||190,476||
|Net cash provided
by/(used
in) operating||||activities|||1,391,561||1,423,743|
|Cash flows from investing
activities:||||||||||
|Dividends,
interest and rents from|investments||||7|2,875||3,646||
|Purchase oftangible
fixed assets|||||12|(328,382)||(205,253)||
|Net cash provided
by/(used
in) investing|||activities||||(325,507)||(201,607)|
|Change in cash and cash equivalents||in the year|||||1,066,054||1,222,136|
|Cash and cash equivalents
at the|beginning|||ofthe year|||3,818,953||2,596,817|
|Cash and cash equivalents
at the|end|of|the year||||4,885,006||3,818,953|
|Analysis ofcash and cash equivalents||||||||||
|Cash at bank and
in hand|||||||4,885,006||3,318,953|
|Notice deposits (less than 30days)|||||||||500,000|
|Total cash and cash equivalents|||||||4,885,006||3,818,953|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|4|NET INCOME/(EXPENDITURE)||||
|---|---|---|---|---|
||This is stated after charging:||2022|2021|
||||E|6|
||Operating
lease payments||170,872|157,416|
||Depreciation||388,687|375,494|
||Profit/(loss)
on disposal ofassets||2,941|3,420|
||Auditors'
remuneration
-audit services||13,200|12,300|
||Auditors'
remuneration
-non-audit|services|17,141|18,360|
##
##
|6|INCOME FRO||M DON|ATIONS
AND LEGACIES|||||
|---|---|---|---|---|---|---|---|---|
|||||UNRESTRICTED|RESTRICTED|DESIGNATED|TOTAL|TOTAL|
||||||||2022|2021|
||||||||E|E|
||Donations|||347|||347|2,000|
|7|INCOME FROM INVESTMENTS||||||||
|||||UNRESTRICTED|RESTRICTED|DESIGNATED|TOTAL|TOTAL|
||||||||2022|2021|
||||||||6|6|
||Interest|||2,875|||2,875|3,646|
|8|INCOME FROM CHARITABLE ACTIVITIES||||||||
||||||||TOTAL|TOTAL|
||||||||2022|2021|
||||||||6|6|
||Gross school|fees|||||8,208,107|7,836,636|
||less bursaries||and allowances||||(494,193)|(817,570)|
||Net school fees||||||7,713,914|7,019,066|
||Add:||||||||
||Registration|fees|||||21,457|21,678|
||Extras income||||||46,044|113,172|
||Other income||- CIRS|grant||||46,622|
||Other income||||||2,941||
||School bus/transport|||Income|||70,848|57,225|
||||||||7,855,203|7,257,763|
##
|9|ANALYSIS OF EXPENDITURE|ANALYSIS OF EXPENDITURE|ANALYSIS OF EXPENDITURE|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Staff||Depreciation|Other|Total|Total|
|||||||Costs|||costs|2022|2021|
||||||||E|f|f|f|f|
||Charitable
expenditure|||||||||||
||Education|||||||||||
||Teaching||||4,007,116|||62,038|359,317|4,428,471|4,384,877|
||Welfare||||||221,277||550,548|771p824|557,422|
||Premises||||||137,347|326,649|529,921|993,917|869,883|
||Support and governance||||||672,487||506064|1p178p551|1,011,979|
||Total charitable
expenditure||||5,038,225|||388,687|1,945,850|7,372,763|6,824,161|
||Analysis ofsupport
and||governance||costs:|||||2022|2021|
|||||||||||E|E|
||Governance
costs:|||||||||||
||Auditors
remuneration||for audit services|||||||13,200|12,300|
||Total governance
costs|||||||||13,200|12,300|
||Support costs:|||||||||||
||Auditors'
remuneration||for non audit services|||||||17,141|18,360|
||Legal and professional|fees relating to||||support||||79,135|32,997|
||Support staff wages, national|||insurance|||and pension|||672,487|583,973|
||Other support costs|||||||||396,588|364,349|
|||||||||||1,178,551|1,011,979|
##
##
||2022|2021|
|---|---|---|
||Number|Number|
|Teaching|67|67|
|Domestic|20|18|
|Administration|19|17|
||106|102|
|The aggregate|payroll costs for the year were as follows;|||
|---|---|---|---|
|||2022|2021|
|||f|f|
|Wages and salaries||3,951,601|3,624,820|
|Social security|costs|415,513|357,679|
|Pension costs||671,111|635,994|
|||5,038,225|4,618,493|
|:||
|---|---|
|2022|2021|
|Number|Number|
||||2022|2021|
|---|---|---|---|---|
||||f|f|
|Defined|contribution|schemes||5,021|
|Defined|benefit schemes||47,424|34,099|
##
##
||||Unrestricted|Restricted|Designated|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|2021|
||||f|E|E|E|
|INCOME FROM:|||||||
|Donations
and legacies|||2,000|||2,000|
|Investments|||3,646|||3,646|
|Charitable
activities|||7,257,763|||7,257,763|
|Total income|||7,263,409|||7,263,409|
|EXPENDITURE ON:|||||||
|Charitable
activities|||6,824,161|||6,824,161|
|Total expenditure|||6,824,161|||6,824,161|
|Net income|||439,248|||439,248|
|Transfers between|funds||53,391|(24,000)|(29,391)||
|Net movement
in funds|||492,639|(24,000)|(29,391)|439,248|
|Fund balances brought||forward|8,114,908|48,000|245,312|8,408,220|
|Fund balances carried forward|||8,607,547|24,000|215,921|8,847,468|
##
##
##
|TANGIBLE FIXED ASSETS|||||||
|---|---|---|---|---|---|---|
||Freehold|Fixtures,|Motor|Outside|IT|Total|
||Land and|Fittings &|Vehicles|Facilities|Project||
||Buildings|Equipment|||||
||E|E|||||
|Cost|||||||
|At 1September 2021|10,833,782|451,815|171,252|||11,456,849|
|Additions|183,506|125,882||17,195|1,799|328,382|
|Disposals||(400)|(13,837)|||(14,237)|
|Transfers|(353,351)|(19,034)||353,351|19,034||
|At 31August 2022|10,663,937|558,263|157,415|370,546|20,833|11,770,995|
|Depreciation|||||||
|At 1September 2021|3,813,126|261,958|152,695|||4,227,781|
|Charge for year|325,534|51,391|8,117|1,116|2,529|388,687|
|Eliminated
on disposal||(400)|(12,477)|||(12,877)|
|Transfers|(353,351)|(7,138)||353,351|7,138||
|At 31August 2022|3,785,309|305,811|148,335|354,467|9,667|4,603,589|
|Net Book Value|||||||
|At 31August 2022|6,878,628|252,452|9,080|16,079|11,166|7,167,405|
|At 31August 2021|7,020,656|189,857|18,557|||7,229,070|
##
##
##
|13|DEBTORS||||
|---|---|---|---|---|
||||2022|2021|
||||E|E|
||Fee debtors||794,738|1,142,584|
||Prepayments|and accrued income|122,969|50,748|
||Other debtors||10,545|4,204|
||||928,253|1,197,536|
|14|CREDITORS: due within one year||||
||||2022|2021|
||||E|E|
||Trade creditors||270,980|98,099|
||Accruals and|other creditors|35,552|58,170|
||Fees in Advance||2,753,610|2,695,765|
||Deposits||587,392|546,057|
||||3,647,534|3,398,091|
##
|At 31August
2022 the company
had total comm
payable as follows:|itments
under
non-cancellable
o|perating
l|
|---|---|---|
||2022|2021|
||f|f|
|Within one year|156,459|182,712|
|Between one and five years|134,442|183,455|
||290,901|366,167|
##
##
##
##
##
##
##
|||At 1Sept|Income|Expenses|Transfers|At 31|
|---|---|---|---|---|---|---|
|||2021||||August 2022|
|Unrestricted|funds||||||
|General reserves||8,607,547|7,858,425|(7,372,763)|111715|9p204p924|
|Designated|funds|215,921|||(87,715)|128,206|
|||8,823,468|7,858,425|(7,372,763)|24,000|9,333,130|
|Restricted funds|||||||
|Holroyd
Howe||24,000|||(24,000)||
|||24,000|||(24,000)||
|Totalfunds||8,847,468|7,858,425|(7,372,763)||9,333,130|
##
##
##
|ANALYSIS OF|NET ASSETS BETWEEN|FUNDS||||
|---|---|---|---|---|---|
|||Unrestricted|Designated|Restricted|Total|
|||Funds|Funds|Funds|2022|
|A~31*
2322||f|f|f|f|
|Tangible fixed|assets|7,167,405|||7,167,405|
|Current assets||5,685,054|128,206||51813,259|
|Creditors: less|than one year|(3,647,534)|||(3,647,534)|
|||9,204,924|128,206||9,333,130|
|~Cti|3
3|Unrestricted
Funds|Designated
Funds|Restricted
Funds|Total
2021|
|~A31 A|2321|f|f||f|
|Tangible fixed|assets|7,229,070|||7,229,070|
|Current assets||4,776,568|215,921|24,000|5,016,489|
|Creditors: less than one year||(3,398,091)|||(3,398,091)|
|||8,607,547|215,921|24,000|8,847,468|