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0Z| ||||||ALDRO|SCHOOL EDUCATIONAL|SCHOOL EDUCATIONAL|TRUST LIMITED|TRUST LIMITED|TRUST LIMITED|||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||CONSOLIDATED|BALANCE||SHEET||||| |||||||AS AT 31 JULY 2022|||||||| |||||||||2022||||2021|| |||||||Note|||||||| |Fixed assets|||||||||||||| |Tangible assets|||||||||6,968,435|||7,004,025|| |Investments||||||||||44435|||45 248| ||||||||||7,012,870|||7,049,273|| |Current assets|||||||||||||| |Stocks||||||10|835||||2,154||| |Debtors||||||11|1,263,046||||176,173||| |Cash at bank and|||in|hand|||270 582||||344868||| ||||||||1,534,463||||523,195||| |Creditors:|Amounts|||falling|due||||||||| |within one||year||||12|2279028||||787 726||| |Net current||liabilities|||||||(|744 565)||(|264 531)| |Total assets less|||current||liabilities||||6,268,305||||6,784,742| |Creditors:|Amounts|||falling|due||||||||| |after more||than one||year||13|||( 342 112)|||(|419999)| |Net assets|||||||||||||| |Unrestricted||Funds|||||||||||| |General
Fund|||||||( 829,349)||||( 33?,788)||| |Designated||Fund|||||6,500||||6,500||| |Fixed Asset||Fund|||||6592222||||6581 644||| |||||||14||||5,769,373|||6,250,356| |Restricted|Funds|||||15||||156820|||114387| |ALDRO SCHOOL|ALDRO SCHOOL|ALDRO SCHOOL|ALDRO SCHOOL|EDUCATIONAL|TRUST LIIIITED|TRUST LIIIITED|(Company|(Company|number S37890)|| |---|---|---|---|---|---|---|---|---|---|---| |||||COMPANY||BALANCE SHEET||||| |||||AS AT||31 JULY 2022||||| |||||||2022|||2021|| |||||Note||||||| |Fixed assets||||||||||| |Tangible assets
Investments|||||||6,968,435
44437|||7,004,025
45 250| |Current assets|||||||7,012,872|||7,049,275| |Debtors||||11||1,295,717|||3'14,637|| |Cash at bank and|in|hand||||264 970|||267422|| |Creditors: Amounts||falling|due|||'1,560,687|||582,059|| |within one year||||12||2 277 188|||785 886|| |Net current assets((liabilities)|||||||(|716501)|(~203 827|| |Total assets less|current||liabilities||||6,296,371|||6,845,448| |Creditors: Amounts||falling|due|||||||| |after more than one||year||13|||(|342 112)|(|419999)| |Net assets||||16||||||| |Unrestricted
Funds||||14||||||| |General
Fund
Designated
Fund
Fixed Asset Fund||||||( 801,283)
6,500
6 592222|||( 277,082)
6,500
6 581 644|| ||||||||5,797,439|||6,311,062| |Restricted
Funds||||15|||156620|||114387| ## |||||2022|||2021||| |---|---|---|---|---|---|---|---|---|---| |Cash (used in)/provided
by operating|||activities||||||| |(see below)|||||(150,514)|||233,230|| |Cash flows from investing
activities|||||||||| |Payments
for fixed asset additions||||(215,867)||(251,848)|||| |Proceeds offixed asset disposals|||||||3700||| |Cash (used in) investing
activities|||||(215,867)|||(248,148)|| |Cash flows from financing
activities|||||||||| |Interest paid
Drawdowns
of revolving
loan facility||||( 11,737)
350,000||(|8,058)||| |Repayment
oflong term loans
Cash (used in)/provided
by financing|||activities|( 46 168)|292095|( 46474)||{ 54532)|| |Net cash outflow
Cash and cash equivalents
at 1 August|||2021||( 74,286)
344 868|||( 69,450)
414318|| |Cash and cash equivalents
at 31|July||2022||||||| |Note: Cash flows from operating|activities||||||||| |Net expenditure|||||(438,550)|||(309,890)|| |Interest payable
included
in financing||activities|||11,737||||8,058| |Depreciation|||||291,480||||295,222| |Net losses/(gains)
on investments|||||813|||(|8,651)| |Loss on sale offixed assets|||||8,310||||14,931| |Decrease in stocks|||||1,319||||| |(Increase)/decrease
in debtors|||||( 25,534)||||36,820| |(Decrease)/increase
in fees paid in|advance||||(114,019)||||44,810| |Increase
in creditors|||||113930||||151930| |Cash (used in)/provided
by operating|||activities||||||| |Analysis in changes on net debt||||At 1August|Cash|Other non-||At 31Suly|| |||||2021|Nows|cash changes|||2022| |Cash at bank and in hand||||344,868|( 74,286)||||270,582| |Bank loans within one year
Bank loans after one year||||( 47,192)
(375189)|(350,000)
46 168||( 271)
271|(397,463)
(328 750)|| |Total||||(W~)|(M~)|||(45%631)|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Summary
profit and loss|account||||||||Aldro|Enterprises|| |||||||||||Limited|| ||||||||||2022||2021| ||||||||||||E| |Sale ofgoods|||||||||5,402||32,832| |Lettings||||||||52,282|||| |Other income|||||||||200||| |Cost ofsales and administration||expenses|||||||(9,747)||(8,447)| |Rent payable||||||||(15000)|||(15000)| |||||||||33,137|||9,385| |Interest payable||||||||(|497)||(
629)| |Net profit|||||||||32,640||8,756| |Amount
gifted to the company||||||||3~9|||( 8756)| |EXPENDITURE ON CHARITABLE|||ACTIYITIES|Unrestricted||Restricted|||2022||2021| |||||Funds|8|funds E|||||| |Bursaries||||129,505||||129,505|||142,579| |Teaching||||1,996,676||||1,996,6'76|||1,748,167| |Premises||||889,753||||889,753|||721,498| |Household
expenses||||645,047||||645,047|||502,040| |Support costs of schooling||||632 792||1 875||634 667|||555406| |TOTAL EXPENDITURE|||||||||||| |||||Staff|Depreciation||Other||2022||2021| ||||Grants|costs||8 loss|costs||Total||Total| |Costs of raising funds||||||||19,382|19,382||18| |Commercial
trading||||221||||9,526|9,747||8,447| |Bursaries|||129,505||||||129,505||142,579| |Direct costs of charitable|activities|||2,260,294|||1,024,574||3,284,868||2,704,493| |Support costs||||353,313||299,790|206,005||859,108||795,878| |Governance
costs||||10902||||11265|22 167||26 742| ## ||FOR TH|E YEAR ENDED 31 JULY 2|022 {continued)|| |---|---|---|---|---| |NET EXPENDITURE|||2022|2021| |This is stated after charging:||||| |Interest payable on bank|overdrafts|and loans|11,737|8,058| |Auditors'
remuneration|—audit||8,085|6,150| ||—other|services|3,180|10,761| |Depreciation|||291,480|295,222| |Loss on disposal offixed
Operating
lease rentals|assets||8,310
~L'QG|14,931
~616| ## |STAFF COSTS|||2022|2021| |---|---|---|---|---| |Wages and salaries|||2,148,351|1,942,856| |Social security costs|||200,103|172,149| |Pension costs|||276 277|253884| |The headcount|ofempioyees|during the year, excluding|2022|2021| |the Governors,|was made up|as follows:|No|No| |Teaching staff|||37|35| |Teaching support staff|||15|10| |Domestic and matrons|||6|5| |Maintenance|||2|2| |Administration|||12|10| |Catering|||11|11| |Cleaning|||6|6| ||||69|XB| |RELATED PARTY TRANSACTIONS|RELATED PARTY TRANSACTIONS|2022|2021| |---|---|---|---| |Remuneration|paid to Governors||| |Reimbursements|ofGovernors
training expenses to third parties|940|1,045| |Reimbursements|oftravel expenses to 2(2021:2) Governors|X92|| ## ## ## ||||||||Freehold||Furniture|||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||land and||and|Motor||||| ||||||||buildings|equipment||vehicles|||Total|| ||Cost|||||||||||||| ||At 1 August 2021||||||10,723,767||1,469,162||76,302|12,269,231||| ||Additions||||||||264,200|||264,200||| ||Disposals
At 31 July 2022||||||10723 767|{ 20219)
1?13143||76302||(
20 219)
12513212||| ||Depreciation|||||||||||||| ||At 1 August 2021||||||4,275,014||930,677||59,515|5,265,206||| ||Charge for the year||||||154,326||132,957||4,197|291,480||| ||Released on disposals
At 31 July 2022||||||4429340|(|11909)
1 051 725|63712||(
11909)
5544 777||| ||Net book value|||||||||||||| ||At 31 July 2022|||||||||||||| ||At 31 July 2021|||||||||||||| |9|INVESTMENTS|||Group||||||Company||||| |||||Shares||in|||||Shares|in||| |||Listed||subsidiary|||Total||Listed||subsidiary||Total|| |||investments||undertakings|||||investments||undertakings|||| ||Market value|||||||||||||| ||At 1 August 2021||45,248||||45,248||45,248||||45,250|| ||Additions|||||||||||||| ||Disposals
Revaluation
At 31 July 2022||||||~813)||(
813)
~5||||(
813)|| ||The company
owns|100'/0 of the|ordinary|K1 share|capital of Aldro Enterprises
Limited||||||which
is|incorporated||in| ||England 8 Wales.|||||||||||||| |10|STOCKS||||||Group||||Company|||| ||||||||2022||2021||2022||2021|| ||Goods for resale||||||835|||||||| |11|DEBTORS||||||Group||||Company|||| ||||||||2022||2021||2022||2021|| ||Fees receivable||||1,177,718||||65,758|1,177,718|||65,758|| ||Bad debt provision||||(||23,371)|( 13,466)||(|23,371)|(|13,466)|| ||Amounts
owed by group undertakings||||||||||60,901||138,464|| ||Prepayments
and accrued income|||||108699|||123881||80 469|123881||| |||||||||||1395Z1I||314JQZ||| ## ## ## ## ## ## ## ## ## |RESTRICTE|D F|UNDS —GROUP AND|COMPANY||||||| |---|---|---|---|---|---|---|---|---|---| |2022|||Opening|||||Gains/|Closing| ||||balance|Income|Expenditure||(Losses)||balance| |||||E|||||| |Francis Hudson||Bursary Fund|45,248||||(|813)|44,435| |Development|Fund||53,439|64,503|(19,382)||||98,560| |New Bursary|Fund||13,825||||||13,825| |Christmas
Card||Fund|1 875
~57||(
1 8?5)
(2L25Z)||||| |2021|||Opening|||||Gainsl'|Closing| ||||balance|Income|Expenditure||(Losses)||balance| |Francis Hudson||Bursary Fund|36,59?|||||8,651|45,248| |Development
New Bursary|Fund
Fund||24,414
13,825|29,043
5,413||(
18)
(5,413)|||53,439
13,825| |Christmas
Card||Fund|2 233
~B|~6||(~58)|||1 875| ## ## ## |ANALYSIS OF NET ASSETS BYTYPE OF FUND||||| |---|---|---|---|---| ||Unrestricted|Restricted||| ||funds|funds||Total| |Group 2022||||| |Tangible fixed assets|6,968,435||6,968,435|| |Investments||44,435||44,435| |Current assets|1,422,078|112,385|1,534,463|| |Current
liabilities|(2,279,028)||(2,279,028)|| |Long term liabilities|( 342 ')12)||(|342 112)| ||klSLZ2|||| |Company
2022||||| |Tangible fixed assets|6,968,435||6,968,435|| |Investments||44,437||44,437| |Current assets|1,448,304|112,383|1,560,687|| |Current
liabilities|(2,277,188)||(2,277,188)|| |Long term liabilities|(
342 112)||(|342 112)| |Group 2021||||| |Tangible fixed assets|7,004,025||7,004,025|| |Investments||45,248||45,248| |Current assets|454,056|69,139||523,195| |Current
liabilities
Long term liabilities|( 787,726)
( 419999)||(
(|787,726)
419999}| |Company 2021||||| |Tangible fixed assets|7,004,025||7,004,025|| |investments||45,250||45,250| |Current assets|512,922|69,137||582,059| |Current
liabilities
Long term liabilities|(
785,886)
( 419999)||(
(|785,886)
419999)| ## |31 July 2022, the outstanding
commitments
for non-cance|llable
operating leases fall due as follows:|| |---|---|---| ||2022|2021| |Within one year|93,183|29,640| |Between two and five years|172,517|100,066| |After five years||1 155| ##