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2022-08-31-accounts

TRUSTEES 5I Brazier
PI Fax
G Galdins (resigned 8/7/22)
H Handy (appointed 13/9/22)
H A Kemp (appointed 13/12/22)
D Milner (appointed 17/3/22)
V G Monnickendem
Dr E Morgan
CShuttleworth
ESlater (resigned 31/8/22)
IITownend
(appomted		 12/5/22)
A West
6 P Woods
REGISTERED OFFICE 170Otley Road
Leeds
LS16 5LG
REGISTERED COMPANY NUMBER 01270675 (England and Wales)
REGISTERED CHARITY NUMBER 505630
AUDITORS Thomas Coombs Limited
3365The Pentagon
Century Way
Thorpe Park
Leeds
LS15828
BANKERS National Westminster Bank pic
8 Park Row
Leeds
LS15HD
BANKERS Lloyds Bank pic
65-68 Briggate
Leeds
LS16LH
SOLICITORS Clarion Solicitors Limited
Elizabeth
House
13-19Queen Street
Leeds
LS12TW

C Bouckley Headteacher (left Lyra August 2022)
S Young Deputy Head to 21"August 2022; Headteacher from 22"s August 2022
A Havard Bursar
A Campbell Head of Early years
A Wilkinson Head ofAcademic Development

Matters on which we are required to report by exception
In the light ofthe knowledge
and understanding
ofthe charitable
company
and its environment
obtained
in the course ofthe audit,
we have not identified
material
misstatements
in the Report ofthe Trustees.
We have nothing to report in respect ofthe following
matters where the Companies
Act 2006 requires
us to report to you if, in our
opinion:
adequate
accounting
records have not been kept or returns
adequate
for our audit
have		 not been received from
branches not visited
by us; or
the financial statements
are not in agreement
with the accounting
records and returns; or
certain disclosures oftrustees'
remuneration
specified by law are not made, or
we have not received ag the information
and explanations
we require for our audit.
Responsibilities
oftrustees
As explained
more fully
in the Statement
of Trustees'
Responsibilities,
the trustees
(who are also the directors of the charitable
company for the purposes ofcompany
law) are responsible forthe preparation
ofthe financialstatements
and for being satisfied		 that
they give a true and fair view, and for such internal
control as the trustees
determine
is necessary to enable the preparation		 of
financial statements
that are free from material
misstatement,
whether
due to fraud or error.
In preparing the financial statements,
the trustees are responsible for assessing the charitable
company's
ability to continue as a going
concern, disclosing, as applicable, matters related to going concern and using the going concern basis ofaccounting
unless the trustees
either intend to liquidate
the charitable
company orto cease operations,
or have no realistic alternative
but		 to do so.
Our responsibilities
for the audit ofthe financial statements
Our objectives
are to obtain
reasonable
assurance
about
whether
the financial
statements
as a whole		 are free from
material
misstatement,
whether due to fraud orerror, and to issue a Report ofthe Independent
Auditors that includes		 our opinion. Reasonable
assurance
is a high level ofassurance,
but is not a guarantee
that an audit conducted
in accordance with ISAs (UK) will always detect
a material
misstatement
when it exists. Misstatements
can arise from fraud or error and are considered
material
if, individually		 or m
the aggregate,
they could reasonably
be expected to influence the economic decisions of users taken on the basis ofthese financial
statements.
Auditor's
responsibilities
for the audit ofthe financial statements
Our objectives
are to obtain
reasonable
assurance
about
whether
the financial
statements
as a whole		 are free from
matenal
misstatement,
whether
due to fraud or error, and to issue an auditor's
report that includes
our opimon. Reasonable
assurance		 is a
high
level of assurance,
but is not a guarantee
that an audit conducted
in accordance
with
ISAs (UK) will		 always detect a material
misstatement
when
it exists. Misstatements
can arise from fraud
or error and are considered
material		 if, individually
or in		 the
aggregate,
they cauld
reasonably
be expected to influence
the economic
decisions
of users taken on the basis of these financial
statements.
Irregularities,
including
fraud, are mstances
of non-compliance
with
laws and regulations.
We design
procedures
in line with		 our
responsibikties,
outlined above, to detect materialmisstatements
in respect ofirreguladities,
includmg fraud.		 The extent to which our
procedures
are capable ofdetecting
irregularities,
including
fraud
is detailed below:
Our approach
to identifying
and assessing the risks of material
misstatement
in respect of irregularities,		 including
fraud
and		 non-
compliance
with laws and regulations,
was as follows:
-The engagement
partner ensured that the engagement
team cogectiveiy
had the appropriate
competence,		 capabilities
and skills to
identify or recognise non-compliance
with applicable
laws and regulations.
- We identified
the laws and regulations
applicable to the charity through
discussions
with management,
and from our commercial
knowledge
ofthe sector.
We focused
on specific laws and regulations
which
we considered
may
have
a direct material
effect		 on the accounts
of the
operations ofthe Charity,
including the Charities
Act 2011.
- We assess the extent of compliance
with
laws and regulations
identified
above through
making
enquiries
of management		 and
inspecting
legal correspondence.
-Identitied
laws and regulations
ere communicated
within the audit team regularly
and the team remained		 alert to instances of non-
compliance throughout
the audit.
We assessed the susceptibility
ofthe charity's
financial
statements
to material
misstatement,
including
obtaimng
an understanding
ofhow fraud
might occur, by:
-Makmg enquiries ofmanagement
astowhere they considered there was susceptibility
tofraud, their knowledge ofactual, suspected
and alleged fraud.
-Considering
the internal controls
m place to mitigate
risks offraud and non-compliance
with laws and regulations.
Page 16

2022 2021
Unrestricted Restricted Total Tota I
fund funds funds funds
Notes E E. E
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 7,456 7,456 22,247
Charitable
activities
Operation ofthe school 2,201,691 2,201,691 1,850,190
Other ancillary trading income 21,842 21,842 207,626
Investment
income		 500 500 960
Other income 100
Total 2,231,489 2,231,489 2,081,123
EXPENDITURE ON
Charitable
activities
Operation ofthe school 2,221,565 1,549 2,223,114 1,986,142
NET INCOME/(EXPENDITURE) 9,924 (1,549) 8,375 94,981
RECONCILIATION
OF FUNDS
Total funds brought forward 2,651,602 5,800 2,657,402 2,562,421
TOTAL FUNDS CARRIED FORWARD 2,661,526 4,251 2,665,777 2,657,402

2022 2021
Unrestricted Restricted Total Total
fund funds funds funds
Notes 6 E E 6
FIXEDASSETS
Tangible assets 12 1,824,344 4,251 1,828,595 1,830924
CURRENT ASSETS
Debtors 13 64,702 64,702 57,251
Cash at bank 1,407,989 1,407,989 1354 748
1,472,691 1,472,691 1,411,999
CREDITORS
Amounts
falling due within one year		 14 (400,113) (400,113) (341,446)
NET CURRENT ASSETS 1,072,578 1,072,578 1,070,553
TOTAL ASSETSLESSCURRENT LIABILITIES 2,896,922 4,251 2,901,173 2,901,477
CREDITORS
Amounts
falhng due after more than one year		 15 (235,396) (235,396) (244,075)
NET ASSETS 2,661,526 4,251 2,665,777 2,657,402
FUNDS 18
Unrestricted
funds		 2,661,526 2,651,602
Restricted funds 4,251 5,800
TOTALFUNDS 2,665,777 2,657,402

2022 2021
Notes E 6
Cash flows from operating activities
Cash generated
from operations		 218,132 256,943
Net cash provided
by operating
activities		 218,132 256,943
Cash flows from investing activities
Purchase oftangible fixed assets (149,745) (35,098)
Sale oftangible fixed assets 100
Net cash used in investing activities (149,745) (34,998)
Cash flows from financing activities
Interest on loan (7,306) (6,132)
Bank loan payments (7,840)
Net cash provided
by financing
activities		 (15,146) (6,132)
Change in cash and cash equivalents in the reporting period
53,241 215,813
Cash and cash equivalents at the beginning ofthe reporting period
1,354,748 1,138,935
Cash and cash equivalents at the end ofthe reporting period
1407989 1354 748

RECONCILIATION RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2022 2021
5 6
Net income for the reporting period (as per the Statement of Financial Activities) 8,375 94,981
Adjustments for:
Depreciation charges 78,825 78,226
Profit on disposal offixed assets /100/
Interest paid 7,306 6,132
(Increase)/decrease in debtors (7,451) 44,634
Increase/(decrease)in
creditors		 131,077 33,070
Net cash provided by operations 218,132 256943
2. ANALYSISDF CHANGES IN NETFUNDS
At 1/9/21 Cash flow At 31/8/22
Net cash
Cash at bank 1,354,748 53,241 1,407,989
Debt
Debts falling due within 1year (6,924) (839) (7,763)
Debts falling due after 1year (244,075) 8,679 (235,396)
(250,999) 7,840 (243,159)
Total 1,103,749 61,081 1,164,830

Freehold
buildings		 Freehold
buildings		 50years
Long Leasehold buildings 50years
Fixtures, fittings and equipment 3-10years
Machinery 20years
Motor vehicles 5years
Long leasehold land is not depreciated.

2. DONATIONS AND LEGACIES AND LEGACIES AND LEGACIES
2022
6		 2021f
Donations 1,725 3,184
Grants 19,063
1,725 22,247
3. INVESTMENT INCOME
2022
f		 2021.f
Investment Income 500 960
4. INCOME FROM CHARITABLE ACTIVITIES
2022 2021
Other
Operation ancillary
ofthe trading Total Total
school income activities activities
E E f
Schoolfees 1,973,883 1,973,883 1,841,115
Lunches 129,957 5,040 134,997 103,531
Pre and after school care 39,805 5,324 45,129 10,450
Peripatetic music (36)
Learning support 4,925 4,925 7,400
Sundry income 7,195 12,284 19/179 85,296
Extra curriculum activities 50,851 50,851 10,060
2,201,691 27,573 2,229,264 2,057,816
School fees are reported net ofbursary awards ofE38 285(2021:f35845).
5. CHARITABLE ACTIVITIES COSTS
Direct Support
Costs (see costs (see
note 6)
f		 note 7)
f		 Tata Is
1
Operation ofthe school 2,019,039 204,075 2,223,114

DIRECT COSTS OF CHARITABLE ACTIVITIES OF CHARITABLE ACTIVITIES OF CHARITABLE ACTIVITIES OF CHARITABLE ACTIVITIES
2022 2021
6 5
Staff costs 1,391,543 1,312,035
Other staffing costs 9,067 4,629
Extra curriculum activities 15,443 7,503
Educational
departments		 49,668 29,496
Canteen
provisions		 72,362 46,824
Premises costs 77,489 58,778
Repairs and renewals 73,104 35,017
Depreciation 78,828 78,225
Hire of amenities 8,974 2,491
Travelling
expenses		 11,286 9,510
Computer
training		 and support 21,008 15,256
Cleaning materials 13,430 13,188
Doubtful debts 6,699 2,286
Subscriptions 20,839 12,275
Pnze giving 2,866 1,259
Trips and outmgs 428 1,121
1,853,034 1,629,893
7. SUPPORT COSTS
Finance Other Totals
E E E
Operation
ofthe		 school 7,306 362,774 368,084
Support costs, included in the abave, are as fogaws:
Finance
2022 2021
Operation
ofthe Total
school activities
6 5
Bankinterest 7,306 6,132
Other
2022 2021
Operation
ofthe Tote I
school activities
5 5
Staff Costs 283,895 266,285
Administration costs 26,426 30,384
Marketmg
and		 promotions 19,393 31,257
Sundry costs 5,098 3.333
Legal and professional fees 21,452 18999
Governance
cost:		 Audit fees 6,510 6,289
Governance
cost;		 TP audit fees 570
362,774 350,117

2022 2021
6 6
Wages and salaries 1,348,331 1,259,291
Social security costs 127,280 115,727
Pension costs 199,827 203,302
1,675,438 1,578,320
2022 2021
Head teacher 1 1
Teachers 26 26
Kitchen staff 4 4
Ancillary 4 4
Administrative 4 4
39 39
The average number oftotal employees during the year was as follows:
2022 2021
Head teacher 1 1
Teachers 23 23
Kitchen staff 6 6
AnoRary 7 6
Admmistrative 4 4
Marketing 1 1
Teaching assistants 13 10
55 51

2022 2021
E60,001 - 170,000 2
2
Contributions
to pensions		 schemes in respect of higher paid staff amounted to 617,751(2021:f14,918).
)he total employee costs (gross, employers national msurance contributions and employer pension «ontributions) ofthe key
management
personnel		 as considered by the charity were 1332446(2021:8283396).
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Funds as of31/08/2021 Unrestricted Restricted Total
fund funds funds
6 E 6
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 22,247 22,247
Charitable
activities
Operation
ofthe school		 1,850,190 1,850,190
Other ancillary trading income
207,626 207,626
Investment
income		 960 960
Other income 100 100
Total 2,081,123 2,081,123
EXPENDITURE ON
Charitable
activities
Operation
ofthe school		 1,984,342 1,800 1,986,142
NET INCOME/(EXPENDITURE) 96,781 (1,800) 94,981
RECONCILIATION
OF FUNDS
Total funds brought forward 2,554,821 7,600 2,562,421
TOTAL FUNDS CARRIED FORWARD 2,651,602 5,800 2,657,402

TANGIBLE FIXEDASSE TS
Long
leasehold
Freehold land and Plant and
buildings
f		 buildings
f		 machinery
f
COST
At 1stSeptember 2021 1,376,469 513,276 18,675
Additions
Disposals (2,936)
At 31stAugust 2022 1,373,533 513,276 18,675
DEPRECIATION
At 1stSeptember 2021 134,384 43,859 15,693
Charge for year 277I70 6,265 933
Eliminated
on disposal
At 31stAugust 2022 161,854 50,124 16,626
NET BOOK VALUE
At 31stAugust 2022 1,211,679 463,152 2,049
At 31stAugust 2021 1,242,085 469,417 2,982
Fixtures
and Motor
fittings
f		 vehicles
f		 Totals
f
COST
At 1stSeptember 2021 932,627 49,424 2,890,471
Additions 79,432 79,432
Disposals (23,831) (26,767)
At 31stAugust 2022 988,228 49,424 2,943,136
DEPRECIATION
At 1stSeptember 2021 816,187 49XI24 1,059,547
Charge for year 44,157 78,825
Ehminated
on disposal		 (23,831) (23,831)
At 31stAugust 2022 836,513 49,424 1,114,541
NET BOOKVALUE
At 31stAugust 2022 151,715 1,828,595
At 31stAugust 2021 116,440 1,830,924
The brought
forward		 cost for the freehold buildings and long leasehold land and buildings represents a combination
of a
"deemed cost" of E1300000 as at 1stSeptember 2014plus subsequent capital costs ofE586809.The deemed cost is based
Existing Use and Market Value according to WSB Property Consultants LLP, of36 Park Cross Street, Leeds, LS12QH. From 1st
September 2014depreoation is applied at 2/ straight line.

DEBTORS:AMO UNT S F ALLING DU E WITHIN ONE YEAR
2022 2021
E 6
Schooifees 44,742 23,840
Accrued income 508 333
Prepayments 19,452 33,078
64,702 57,251
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
6 6
Bank loans and overdrafts
(see note 16)		 7,763 6924
Creditors
in the		 course ofordinary activities 47,482 26046
Other creditors and deferred grants 40,098 148,397
Deposits 57,000 59,250
Fees in advance 110,416 81,323
Accruals and deferred mcome 137,354 19,506
400,113 341,446
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
6 6
Bank loans (see note 16) 235,396 244,075
The loan was advanced on 7th October 2019and is for a term of25 years, a repayment loan, with an initial 2 year capital
repayment
holiday.		 Interest
is charged at base plus 2.3591.Ihe loan		 is secured on the freehold property ofthe school. The
fmal repayment date forthe loan is 31stOctober 2044.
2022 2021
6 6
Amounts falling due withm one year on demand:
Bank loans 7,763 6,924
Amounts fagmg between one and two years:
Bank loans - 1-2 years 8,007 7,781
Amounts falling due between two and five years:
Bank loans -2-5 years 25,564 24,843
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more 5yr by instal 201,825 211,451
Tote I 243,159 250,999

17. LEASING AGREEMENTS LEASING AGREEMENTS
Minimum
lease payments		 under non-cancellable operating leases fall due as follows:
2022 2021
6 E
Within one year 1,854 1,854
Between one and five years 2,861 4,960
4,715 6,814
18. MOVEMENT
IN FUNDS
Net
At 1September Net movement Transfers At 31Augilst
2021 in funds betweenfunds 2022
E 6 E
Unrestricted
Funds
Free reserves 576,478 90,136 (79,432) 587,182
Fixed assets reserve 1,825,124 (80,211) 79,432 1,824,345
Designated
reserves		 250,000 250,000
2,651,602 9,825 2,661,427
Restricted
Funds
Parents'
Association		 Capital Fund 5,800 I1,550) 4,250
TOTALFUNDS 2,657,402 8,375 2,665,777
Net movement
in funds,		 included in the above are as follows:
Incoming Resources Movement
in
resources expended funds
E 6 6
Unrestricted
funds
Free reserves 2,081,123 (1,990,987) 90,136
Fixed assets reserve (80,211) (76,426)
Designated
reserves
2,081,123 (2,071,198) 96,781
Restricted funds
Parents' Association Revenue Fund
Parents' Association Capital Fund (1,550) (1,550)
(1,550) (1,550)
TOTALFUNDS 2,081,123 (2,072,748) 8,375

At 1September At 1September Net movement Transfers At 31August
2020 in funds between funds 2021
E E E 6
Unrestricted
Funds
Free reserves 438,369 173,207 (35,098) 576,478
Fixed assets reserve 1,866,452 (76,426) 35,098 1,825,124
Designated
reserves		 250,000 250,000
2,554,821 96,781 2,651,602
Restricted Funds
Parents'
Association		 Capital Fund 7,600 (1,800) 5,800
TOTALFUNDS 2,562,421 94,981 2,567,402
Comparative
net movement		 in funds, included in the above are as follows:
Incoming Resources Movement
in
resources expended funds
6 E E
Unrestricted
funds
Free reserves 2,081,123 (1,907,916) 173,207
Fixed assets reserve (76,426) (76,426)
Designated
reserves
2,081,123 (1,984,342) 96,781
Restricted funds
Parents'
Association		 Revenue Fund
Parents' Assouation Capital Fund (1,800) (1,800)
(1,800) (1,800)
TOTAL FUNDS 2081 123 ~1986142 94981