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|Trustees||
|---|---|
|Charity number||
|Company|number|
|Registered|office|
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|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|||
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|||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|
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|||||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|
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||||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||
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||||||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|
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|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|
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|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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##
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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|
##
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|||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|
##
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|||||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|
##
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|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|
##
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|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|
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