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2023-08-31-accounts

Trustees L Morrison - Chair ofTrustees
J P Burns
E Czarnecki
T Manning
C B Holguin
C M Harrison (Appointed 22 September 2022)
S M Hegarty (Appointed 18January 2023)
M Joe (Appointed 1 February 2023)
JA Robinson (Appointed 11 September 2023)
Charity number 505310
Company number 01260765
Registered office 145 Menlove Avenue
Liverpool
Merseyside
L183EE
Auditor Xeinadin Audit Limited
2 Hilliards
Court
Chester Business Park
Chester
Cheshire
CH4 9QP

Page
Trustees'
report		 1-4
Statement ofTrustees' responsibilities
Independent
auditor's		 report
Statement offinancial activities
Balance sheet 10
Statement
ofcash flows
Notes to the financial statements 12-23

L Morrison - Chair ofTrustees
J P Burns
E Czarnecki
T Manning
C B Holguin
C M Harrison (Appointed 22 September 2022)
S M Hegarty (Appointed 18January 2023)
M Joe (Appointed 1 February 2023)
JA Robinson (Appointed 11 September 2023)
G Beck- Former Chair ofTrustees (Resigned 31 July 2023)
S L Fletcher (Resigned 31 July 2023)

Unrestricted Unrestricted
funds funds
2023 2022
Notes
Income from:
Donations
and		 legacies 570 15,784
Charitable
activities		 1,763,156 1,603,667
Total income 1,763,726 1,619,451
Expenditure
on:
Charitable
activities		 1,563,424 1,446,236
Total expenditure 1,563,424 1,446,236
Net income and movement in funds 200,302 173,215
Reconciliation offunds:
Fund balances at 1 September 2022 1,221,662 1,048,447
Fund balances at 31August 2023 1,421,964 1,221,662

2023 2022
Notes F
Fixed assets
Tangible assets 1,420,508 1,404,447
Current assets
Stocks 12 1,067
Debtors 13 1,347,930 1,284,216
Cash at bank and in hand 410,345 396,103
1,758,275 1,681,386
Creditors: amounts falling due within 15
one year (1,673,319) (1,768,328)
Net current assets/(liabilities) 84,956 (86,942)
Total assets less current liabilities 1,505,464 1,317,505
Creditors: amounts falling due after
more than one year 16 (83,500) (95,843)
Net assets excluding pension liability 1,421,964 1,221,662
Net assets 1,421,964 1,221,662
The funds ofthe charity
Unrestricted
funds		 1,421,964 1,221,662
1,421,964 'l,221,662

2023 2022
Notes E
Cash flows from operating activities
Cash generated
from operations		 22 198,476 255,671
Investing activities
Purchase oftangible
fixed		 assets (64,731) (177,942)
Net cash used in investing activities (64,731) (177,942)
Financing activities
Repayment ofbank loans (119,503) (113,153)
Net cash used in financing activities (119,503) (113,153)
Net increase/(decrease) in cash and cash
equivalents 14,242 (35,424)
Cash and cash equivalents at beginning ofyear 396,103 431,527
Cash and cash equivalents at end of year 410,345 396,103

Unrestricted Unrestricted
funds funds
2023f 2022
Donations and gifts 570 15,784
4 Income from charitable activities
Unrestricted Unrestricted
funds funds
2023f 2022f
Charitable Activity
School fees 1,600,987 1,432,076
y Other income 162,169 171,591
1,763,156 1,603,667

Charitable Charitable
Activity Activity
2023 2022
Direct costs
Staff costs 1,069,698 979,537
School expenses 135,892 128,287
School meals expenditure 49,271 42,196
School trips expenditure 43,854 40,700
Repairs and maintenance 22,713 'I9,715
Motor and travel 6,222 9,062
Rates 24,854 6,720
Light, heat and power 10,952 19,214
Telephone
and IT		 27,610 17,238
Photocopier 5,697 4,082
Membership and professional subscriptions 14,460 16,623
Cleaning 38,605 36,970
Insurance 24,406 21,580
Training costs 5,683 5,657
Bad debts (9,002)
Sundry expenses 12,177 8,668
1,492,094 1,347,247
Share ofsupport and governance costs (see note 6)
Governance 71,330 98,989
1,563,424 1,446,236
Analysis
by		 fund
Unrestricted funds 1,563,424 1,446,236
6 Support costs allocated to activities
Charitable Total
Activity
2023 2022
Governance 71,330 98,989

6 Support costs allocated to activities Support costs allocated to activities Support costs allocated to activities Support costs allocated to activities (Continued)
2023 2022
Governance costs comprise:
Depreciation 48,670 45,264
Audit fees 5,700 10,276
Accountancy 1,800
Legal and professional 15,160 43,449
71,330 98,989
7 Net movement
in funds		 2023
F		 2022f
The net movement
in funds		 is stated after charging/(crediting):
Fees payable to the charity's auditor:
-for the audit ofthe charity's financial statements 5,700 10,276
—for other financial services 1,800
Depreciation of owned tangible fixed assets 48,670 45,264

The average monthly
number ofemployees
during th		 e year was:
2023 2022
Number Number
Teaching 24 25
Finance and admin 3 2
Facilities 5 5
Total 32 32
Employment costs 2023 2022
K
Wages and salaries 870,529 805,589
Social security costs 75,790 65,943
Other pension costs 123,379 108,005
1,069,698 979,537

The number ofemployees whose annual remuneration was more than f60,000
is as follows:
2023 2022
Number Number
f70,000to 280,000

Tangible fixe d assets
Freehold Plant & IT Fixtures and Total
property equipment fittings
f
Cost
At 1 September 2022 1,641,954 93,204 42,976 1,778,134
Additions 31,280 3,095 30,356 64,731
At 31August 2023 1,673,234 96,299 73,332 1,842,865
Depreciation and impairment
At 1 September 2022 267,735 73,275 32,677 373,687
Depreciation charged in the year 28,943 13,466 6,261 48,670
At 31August 2023 296,678 86,741 38,938 422,357
Carrying
amount
At 31August 2023 1,376,556 9,558 34,394 1,420,508
At 31August 2022 1,374,218 19,929 10,300 1,404,447

Debtors
2023 2022
Amounts
falling due within one year:		 F
Trade debtors 1,336,754 1,241,569
Other debtors 800 4,976
Prepayments and accrued income 10,376 37,671
1,347,930 1,284,216
Loans and overdrafts
2023
F		 2022f
Bank loans 119,503
Payable
within		 one year 114,660
Payable after one year 4,843
15 Creditors: am ounts falling due within one year
2023 2022
Notes
Bank loans 14 114,660
Trade creditors 19,969 12,660
Other taxation and social security 19,306 15,054
Other creditors 28,565 70,791
Accruals 15,114 63,365
Deferred income 17 1,590,365 1,491,798
1,673,319 1,768,328
16 Creditors: amounts falling due after more than one year
2023 2022
Notes
Bank loans 14 4,843
Other creditors 83,500 91,000
83,500 95,843

17 Deferred income
2023 2022
Arising from Deferred income 1,590,365 1,491,798
Deferred income is included in the financial statements as follows:
2023 2022
Deferred income is included within:
Current
liabilities		 1,590,365 1,491,798
Movements
in the year:
Deferred income at 1 September 2022 1,491,798 1,375,276
Released from previous
periods		 (1,491,798) (1,375,276)
Resources deferred
in the year		 1,590,365 1,491,798
Deferred income at 31August 2023 1,590,365 1,491,798

2023 2022
Defined contribution schemes
Charge to profit or loss in respect ofdefined contribution schemes 123,379 108,005

At 1 Incoming Resources Transfers At 31August
September resources expended 2023
2022
Site development fund 63,200 13,500 (3,650) 73,050
Personal donations fund 570 570
General funds 1,158,462 1,749,656 (1,559,774) 1,348,344
1,221,662 1,763,726 (1,563,424) 1,421,964
Previous year: At 1 Incoming Resources Transfers At 31August
September resources expended 2022
2021
Site development fund 43,200 20,000 63,200
Personal donations fund 5,046 3,877 (771) (8,152)
General funds 1,000,201 1,615,574 (1,445,465) (11,848) 1,158,462
1,048,447 1,619,451 (1,446,236) 1,221,662

2023 2022
E
Within one year 7,308 7,308
Between two and five years 3,158 10,466
10,466 17,774

22 Cash generated
from		 operations operations 2023 2022
Surplus for the year 200,302 173,215
Adjustments
for:
Depreciation
and impairment		 oftangible fixed assets 48,670 45,264
Movements
in working		 capital:
Decrease
in stocks		 1,067 178
(Increase)
in debtors		 (63,714) (68,748)
(Decrease)
in creditors		 (86,416) (10,760)
Increase
in deferred
income		 98,567 116,522
Cash generated
from		 operations 198,476 255,671
23 Analysis
ofchanges		 in net funds
At 1 September Cash flows At 31August
2022 2023
f
Cash at bank and in hand 396,103 14,242 410,345
Loans falling due within one year (114,660) 114,660
Loans falling due after more than one year (4,843) 4,843
276,600 133,745 410,345