2023-08-31-accounts

Trustees
Charity number
Company	number
Registered	office

S R Born	(Appointed	1 September 2023)
A L Edwards	(Appointed	1 September 2023)
A Neden	(Appointed	1 September 2023)
H Pratt	(Appointed	1 September 2023)
312732
00672569
4 St Germans	Place
Blackheath
London
United Kingdom
SE3ONJ
Azets Audit Services Limited
Regis House
45 King William	Street
London
United Kingdom
EC4R 9AN
Barclays Bank	Pic
6 Market Place
Bexleyheath
Kent
DA6 7DY
A Matthews
K Cubley
H E Pratt
0 Clark
C Watts
M Clarke
R Roberts
K Norris

		Page
Trustees' report		1-5
Statement oftrustees'	responsibilities
Independent auditor's	report	7-9
Statement offinancial	activities	10
Balance sheet
Statement ofcash flows		12
Notes to the financial	statements	13-26

				Unrestricted	Restricted		Total
				funds	funds	Total	(restated)
			Notes	2023f	2023f	2023f	2022f
Income and endowments		from:
Donations and legacies				3,500		3,500	554
Charitable activities				6,221,756		6,221,756	5,594,843
Other trading activities				39,878		39,878	30,271
Investments				95,360		95,360	6,412
Total income				6,360,494		6,360,494	5,632,080
School operating costs				6,186,601	14,547	6,201,148	5,929,088
Support costs				43,015		43,015	27,602
Total expenditure				6,229,616	14,547	6,244,163	5,956,690
Net gains/(losses)	on investments						(47,100)
Net movement in	funds			130,878	(14,547)	116,331	(371,710)
Fund balances at 1 September 2022				9,088,652	14,547	9,103,199	9,474,909
Fund balances at	31August 2023			9,219,530		9,219,530	9,103,199

			2023		2022
		Notes			(restated) f	f
Fixed assets
Intangible assets		12		18,761		28,140
Tangible assets		13		6,958,381	6,899,034
Investments		14		60		60
Total income				6,977,202	6,927,234
Current assets
Debtors		15	116,003		63,618
Cash at bank and in	hand		3,023,466		3,145,604
			3,139,469		3,209,222
Creditors: amounts	falling due
within one year		16	(897,141)		(1,033,257)
Net current assets				2,242,328	2,	175,965
Total assets less current liabilities				9,219,530	9,103,199
Income funds
Restricted funds		17				14,547
Unrestricted funds —general			5,332,361		5,201,483
Revaluation reserve			3,887,169		3,887,169
				9,219,530	9,088,652
				9,219,530	9,103,199

					2023		2022
				Notes			(restated) f f
Cash flows from operating		activities
Cash (absorbed by)/generated from
operations				22		35,060	(790,924)
Interest paid							(2,959)
Net cash	provided in operating		activities				(793,883)
Investing	activities
Purchase	oftangible fixed assets				(252,558)		(145,657)
Investment	income received				95,360		6,414
Net cash	used in investing	activities				(157,198)	(139,243)
Financing	activities
Repayment	of bank loans						(325,386)
Net cash	used in financing	activities					(325,386)
Net decrease in cash and		cash	equivalents			(122,138)	(1,258,512)
Cash and	cash equivalents	at beginning		ofyear		3,145,604	4,404,116
Cash and	cash equivalents	at end of		year		3,023,466	3,145,604

their useful lives on the following b	ases:
Freehold land and buildings	50 years
School equipment	5years
Fixtures and fittings	5 years
Office equipment	5years
Catering equipment	5 years

3	Donations	and legacies	and legacies	and legacies	and legacies
					Unrestricted		Restricted	Total	Unrestricted	Restricted Total
						funds	funds		funds	funds
						2023	2023	2023	2022 2022 2022
	Donations	and gifts				3,500		3,500	554		554
4	Charitable	activities
									Operation ofa		Operation ofa
									private school		private school
										2023	2022
	The school's		fee income			comprised:
	Gross fees									6,318,139	5,624,901
	Less: total	bursaries,			grants and allowances					(96,383)	(30,058)
										6,221,756	5,594,843
5	Other trading		activities
									Unrestricted		Unrestricted
										funds	funds
										2023	2022
	Rental of premises			and facilities						39,878	30,271
6	Investments
									Unrestricted		Unrestricted
										funds	funds
										2023	2022
	Income from unlisted				investments					4,290	1,200
	Bank interest		received							91,070	5,212
										95,360	6,412

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Support	costs
		Unrestricted	Total	Unrestricted	Total
		funds		funds
		2023	2023	2022	2022
Bank charges		8,567	8,567	5,064	5,064
Bank loan	interest			1,696	1,696
Auditor's	remuneration	34,448	34,448	20,842	20,842
		43,015	43,015	27,602	27,602

		2023	2022
		Number	Number
Teaching		64	63
Domestic		10	10
Administration		12	13
Total		86	86
Employment	costs	2023	2022
Wages and salaries		3,475,096	3,355,427
Social security	costs	346,711	342,856
Other pension	costs	554,478	517,521
		4,376,285	4,215,804

				2023	2022
				Number	Number
	F60,001 - F70,000			6	3
	F70,001 - F80,000			4	3
	F80,001 - 690,000
	F90,001 - F100,000
	2100,001 - F110,000
	2110,001 -6120,000
				12
11	Net gains/(losses)	on investments
				2023	2022
					(restated)f
	Revaluation ofinvestments				(47,100)
12	Intangible fixed assets
					Website costsf
	Cost
	At 1 September 2022		and 31August 2023		46,898
	Amortisation and impairment
	At 1 September 2022				18,758
	Amortisation charged		for the year		9,379
	At 31 August 2023				28,137
	Carrying amount
	At 31 August 2023				18,761
	At 31 August 2022				28,140

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Fixed asset investments
	Unlisted
	investments
	(restated)f
Cost or valuation
At 1 September 2022	60
Valuation changes
At 31 August 2023	60
Carrying amount
At 31 August 2023	60
At 31 August 2022	60

15	Debtors
				2023f	2022f
	Trade debtors			23,552	2,294
	Prepayments	and accrued income		92,451	61,324
				116,003	63,618
16	Creditors: amounts		falling due within one year
				2023f	2022f
	Other taxation	and social security		87,823	84,174
	Trade creditors			116,658	134,985
	Other creditors			448,970	448,261
	Accruals and deferred		income	243,690	365,837
				897,141	1,033,257

17	Restricted funds	Restricted funds	Restricted funds
				Balance		at 1	Incoming	Resources	Balance at 31
				September		2022f	resourcesf	expendedf	August 2023f
	Restricted	funds			14,547			(14,547)
	The restricted funds were for premises use and during the year were spent on fire shutters								and gate security.
17A	Restricted funds —PRIOR YEAR
				Balance		at 1	Incoming	Resources	Balance at 31
				September		2021f	resourcesf	expendedf	August 2022f
	Restricted	funds			14,547				14,547
18	Analysis	ofnet assets between		funds
							Unrestricted	Restricted	Total
							fundsf	fundsf
	Fund balances		at 31 August 2023 are represented				by:
	Intangible	fixed	assets				18,761		18,761
	Tangible	fixed assets					6,958,381		6,958,381
	Investments						60		60
	Current assets/(liabilities)						2,242,328		2,242,328
							9,219,530		9,219,530
18A	Analysis	of net assets between		funds	—PRIOR		YEAR (restated)
							Unrestricted	Restricted	Total
							fundsf	fundsf
	Fund balances		at 31August 2022 are represented				by:
	Intangible	fixed	assets				28,140		28,140
	Tangible	fixed assets					6,899,034		6,899,034
	Investments						60		60
	Current assets/(liabilities)						2,161,418	14,547	2,175,965
							9,088,652	14,547	9,103,199

22	Cash generated from operations	Cash generated from operations	Cash generated from operations
								2023	2022
									(restated)
	Surplus/(deficit) for the year							116,331	(371,710)
	Adjustments for:
	Investment income recognised		in statement			offinancial	activities	(95,360)	(6,412)
	Interest paid								2,959
	Fair value gains and	losses on investments							47,100
	Depreciation and impairment		oftangible		fixed assets			193,211	169,009
	Amortisation and impairment		of intangible		fixed assets			9,379	9,379
	Movement in working	capital:
	(Increase)/decrease	in debtors						(52,385)	(3,833)
	Increase/(decrease)	in creditors						(136,116)	(637,416)
	Cash generated from/(absorbed			by) operations				35,060	(790,924)
23	Analysis of changes	in net funds
						At	1 September	Cash flows	At 31August
							2022		2023
							f.
	Cash at bank and in	hand					3,145,604	(122,138)	3,023,466