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2022-08-31-accounts

Company number: 01591107

YORK STEINER SCHOOL LIMITED

(Charity number 511974)

ANNUAL REPORT AND FINANCIAL STATEMENTS

for the year ended 31 August 2022

AUDITED

HPH Chartered Accountants 54 Bootham YORK YO30 7XZ

YORK STEINER SCHOOL LIMITED

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

CONTENTS Page
Directors' and Trustees' Annual Report 1 - 11
Auditor's Report 12 - 15
Statement of Financial Activities 16
Balance Sheet 17
Cash Flow Statement 18
Notes to the Financial Statements 19 - 28
The following page does not form part of the statutory financial statements
Income and Expenditure Account 29

YORK STEINER SCHOOL LIMITED DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2022

Chair of Trustees Overview

The financial year of 1 September 2021 to 31 August 2022 proved to be another inspiring, challenging and rewarding year for York Steiner School.

Following successfully navigating two major events in the viability of YSS, our second inspection by Ofsted - where we received an overall GOOD result and our response to the Covid-19 Pandemic we then resumed focus on the financial stability and future growth of YSS.

YSS financial model revision and fee assistance

At a series of school community meetings during the 2021 Autumn term, we shared information and proposals with parents/guardians of our pupils and staff members. We laid out the anticipated deficit in our financial budget for 2021/22, and the view of the Board of Trustees (“BoT”) that the only way to resolve the recent repeated pattern of deficit budgets, was to change the way that YSS approaches the calculation of school fees. We put out a call to action to our community and supporters and were humbled by the immediate and generous response. Through a combination of donations and carefully balanced cost control during the year, we were able to pull back the anticipated deficit in 2021/22, and at the same me through the introduction of a new financial fee model for YSS (commencing in September 2022) the groundwork was laid to bring further financial resilience to our school all the while with a clear emphasis on the need to honour the inclusive ethos of YSS.

In order to support the families within our school who might be challenged by the new fee structure, we initiated a new Community Fee Assistance Fund to provide support for the academic year of 2022/23 when the new fee model became effective. Of the 14 applications that were received ahead of the school year, we were able to grant funding to 13 applicants, meeting c.87% of the value of financial requests. This was only possible due to the generous financial donations from all our supporters both within our community and beyond. We should be incredibly proud that we have been able to ensure that we have managed to overcome our challenges together as a community – on behalf of the BoT, thank you. We now have to rebuild that fund again for those that may have need of it in the academic year of September 2023/24.

Pupil and staff wellbeing

During the reporting period, our main challenge was financial but also, supporting our pupils and staff in getting back to the “new normal” post the lifting of pandemic restrictions. Pupil and staff wellbeing remain a high priority for us and our tremendous gratitude goes out to our staff and parents/guardians whose resilience and perseverance saw us all through a difficult time.

1

YORK STEINER SCHOOL LIMITED DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2022

Ofsted re-inspection

The long-awaited and delayed (due to the pandemic) re-inspection by Ofsted finally took place in January 2022 and the hard work and love that was put into the school to deliver on our improvement plan was rewarded by YSS achieving a very solid rating of “Good” on all standards. This is an incredible achievement for me but during a pandemic was truly amazing, and a testament to all involved. Achieving “Good” was a main pillar of our strategy to move the school forward and so all the energy and hard work that was put into that can now be put into maintaining it, and also, growing our pupil numbers. On that subject, this reporting period we have opened another Kindergarten and seen a small but encouraging increase in pupil numbers.

The Board of Trustees recognised the need to improve and escalate decision making. Following discussions with the Steiner Waldorf Schools Fellowship, other Steiner schools and our senior staff colleagues, the BOT decided that a new role of Head Teacher needed to be put in place. This coincided with the retirement of our Education Manager and our first Head Teacher was appointed in August 2022. This is another pillar in our strategy to move the school forward to ensure our BoT focuses on the governance and strategy of YSS, while the leadership and management team focus on operational matters. We look forward to consolidating the position achieved by the end of the reporting period, continuing to grow our school, and enhancing the lives of those that are part of our community.

2

YORK STEINER SCHOOL LIMITED DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2022

Board of Trustees Annual Report

The Directors of York Steiner School Limited (who are also the Trustees of the charity, and whose details are shown in the reference and administrative section of this report) are pleased to present their Annual Report together with the Financial Statements of the charity for the financial year ended 31 August 2022.

The Financial Statements comply with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006.

York Steiner School (YSS) was established in 1981 with the aim to advance the education of children in accordance with the Steiner Waldorf education principles and with reference, in any event, to the natural processes of growth as they bear upon the unique individuality, special talents and needs of each pupil; and to equip YSS pupils intellectually, emotionally and spiritually to meet the challenges of the future.

YSS has achieved its aims through providing a high standard of education in the reporting period for around 200 pupils, aged from 3-14 years, in a caring and nurturing environment; based on the ongoing successful delivery of the Steiner Waldorf curriculum and Rudolf Steiner’s focus on promotion of the values of social awareness and personal responsibility.

Charitable Objects

YSS was established to advance the education of children in accordance with Rudolf Steiner’s educational principles and with reference, in any event, to the natural processes of growth as they bear upon the unique individuality, special talents and needs of each pupil.

The primary objective of YSS is to equip pupils intellectually, emotionally and spiritually to meet the challenges of the future. YSS achieves this through providing a high-quality education for around 180 pupils on roll through the Steiner Waldorf curriculum where Rudolf Steiner’s philosophy, views on child development and psychology underpin the school’s educational approach and promotes the values of social awareness and personal responsibility.

The aims of YSS are to provide a place where the natural processes of growth as they bear upon the unique individuality, special talents and needs of each pupil through:

3

YORK STEINER SCHOOL LIMITED DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2022

The achievement of these aims will further the purpose of YSS as a charity to provide school education for boys and girls from Kindergarten to Class 8 within the ethos of Steiner Waldorf education.

Public Benefit Disclosures

The charity is a Public Benefit Entity.

YSS’s purpose is to provide comprehensive, non-denominational and non-sectarian school education for boys and girls from Kindergarten to Class 8 (age 3 -14 years) with space for 275 pupils. In addition, YSS currently runs eight Parent and Child-groups each week. During the reporting period, YSS added a new Kindergarten class.

Through the aim to provide education to children up to the age of 14 years old the BoT confirms it has given due consideration to the Public Benefit requirement under the Charities Act 2011.

During the reporting period, YSS established a Community Fee Assistance Fund that worked to support 13 of the 14 families who applied for financial help to meet the new YSS Fee Structure, commencing the academic year of September 2022. We are now working to rebuild that fund for those that may have need of it in the academic year of September 2023/24.

Social Investment, Achievements and Performance

YSS achieves its aims through the delivery of a high standard of teaching and educational experience for all its pupils aged from 3-14 years in the school.

The YSS social investment policy is then to use any capital and revenue generated by its activities to advance its charitable purpose through the education of children in accordance with the Steiner Waldorf education principles in York. YSS has a dearly held approach of seeking to ensure that its education is available to all and to that end, its financial model seeks to ensure that YSS can include as many families as it can, irrespective of their income. The new Community Fee Assistance Fund supports this ambition.

4

YORK STEINER SCHOOL LIMITED DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2022

Activities, Achievements and Performance

As a charity established to advance the education of the children in York in accordance with the Steiner Waldorf education principles, our charitable activities are bound up with our continued success in operating the school. The criteria used to measure progress, our successes and performance are set out in the relevant sections of the YSS Strategy which looks at how the school:

Plans for future

Future plans and activities are set out in the School Strategy Plan. Plans include possible further reviews to the new fee structure, as implemented from September 2022 and the Community Fee Assistance Fund in light of potential external factors which may impact the financial viability of YSS, striking a careful balance between ensuring the school is on more resilient financial footing while at the same maintaining its inclusive ethos. Further steps will also be taken to strengthen the leadership and management of the school, build the Trustee body and put in place succession management plans for educational staff.

In addition, YSS is growing its roots – its Kindergarten offering – and is looking to also grow its branches – including early stage detailed exploration of developing an upper school offering for those pupils over 14 years of age.

5

YORK STEINER SCHOOL LIMITED DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2022

Lastly, a governance review will be undertaken and guidance and templates provided by AGBIS will be adapted and adopted for use at YSS. A key activity within this review will be updating the YSS Articles of Association and providing explanatory notes to the Association of Members on what the Association is and how to become a member.

In summary, YSS will continue to build on the successes and performance as noted in the Activities, Achievements and Performance section of this report.

Structure, Governance and Management

YSS is constituted and governed as a charitable company limited by guarantee in accordance with its Memorandum and Articles of Association. The YES organisation is loosely based on the Rudolf Steiner principle of the Three-Fold Social Order in which the Teaching Staff and School Management Group (SMG) operate and manage the school, whilst the BoT govern and provide strategic direction.

The management of YSS reflects the ethos of Rudolf Steiner (i.e. anthroposophy) and embodies the principles of collegial and participatory management.

Board of Trustees

The BoT has overall responsibility as governors, directors and trustees to ensure that YSS meets its legal and financial obligations, and to support the delivery of an anthroposophical education. They hold the long-term strategic overview for YSS; this is facilitated by Trustees liaising with staff members mandated to hold responsibility for each legal, financial and educational aspect of the school. The BoT is also responsible for liaising with the school community via the Association of Members and wider community meetings.

The constitutional provisions for the recruitment of candidates for election to the BoT, induction, training and recruitment of Trustees, are set out in the Articles of Association and in the YSS Trustees procedures.

Leadership and Management

Accountable to the BoT for the day-to-day operations of the school are 5 managers of the school. The headteacher is responsible for all activities related to education, care, and wellbeing of the pupils who attend, and teaching staff who work at YSS. The Finance Manager, Business Manager and Operations Manager are responsible for the running of the school finance office, and administration. The Managers ensure the school operates efficiently and effectively in delivering its core education and business aims.

The Headteacher chairs the School Management Group and is accountable to the BoT. The BoT, Headteacher, Finance Manager, HR Manager, Early Years Manager and Operations Manager comprise the primary leadership and management of YSS. During the reporting period, the BoT has taken steps to strengthen the management of the school and ensure that there are clear lines of responsibility in all areas. This includes the appointment of a new role of Head Teacher

6

YORK STEINER SCHOOL LIMITED DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2022

School Management Group

Under the Headteacher and The Chair, the SMG holds an overview of educational and operational aspects of YSS and determines day-to-day management decisions. This is where educational and operational aspects of the school meet to ensure support is in place to provide an effective anthroposophical education at YSS. A Trustee attends SMG meetings, as appropriate. The SMG reports regularly to the BoT and is accountable to the BoT. Strategic decisions are referred to the Headteacher by BoT for consideration and as appropriate, endorsement or other. The SMG is also used as a consultation body for the Headteacher and Board of Trustees.

Sub-Committees

YSS operates using a system of sub-committees or mandate groups of the BoT, for example, Estates, Fundraising and those set up for individual projects. These groups all have a BoT link member, a staff lead who may be from the education or business side of the school, and various members who may be additional members of staff or members of the wider school community, including parents operating on a voluntary basis. The mandate groups are accountable to SMG or, as directed, the BoT which ensures the synchronisation of the educational and operational aspects of the school.

Volunteers

YSS volunteers are critical to operations of the school and are part of the ethos upon which YSS operates – we are a community and we all contribute. Volunteers assist with the preparation of meals in the school Café, clean classrooms, assist with reading in younger grades and so forth. Volunteers are also critical to YSS fundraising activities, including at the St Crux Café, the Advent and Spring Fairs, weekly bake sales and Class 8 trip fundraising initiatives, our new Community Fee Assistance Fund and other ad hoc activities.

Parents/guardians also give four hours of work per family at the end of each academic year during the work week to carry out tasks to prepare the school for the next academic year.

Affiliations

YSS is a member of the Steiner Waldorf Schools Fellowship (‘SWSF’) from which it receives guidance and support. The SWSF is the membership organisation for all the Steiner schools and independent Steiner Early Years songs in the UK and Ireland. SWSF aims are to:

Members from both leadership and management of YSS interact with SWSF, with particular reference to their conferences, training, guidance, curriculum research, development and consultancy and information services. During the reporting period, there was a continued focus by SWSF in supporting Steiner schools for their re-inspections by Ofsted (following first Ofsted inspections across the UK in 2019). Amongst other things, Trustees participated in the SWSF Trustees Network meetings.

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YORK STEINER SCHOOL LIMITED DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2022

During the reporting period, YSS became a member of the Association of Governing Bodies for Independent Schools (‘AGBIS’) . AGBIS supports and advises governing bodies of schools in the independent sector on all aspects of governance, under the umbrella of the Independent Schools Council. The objectives of AGBIS are the advancement of education in independent schools and the promotion of good governance in such schools. AGBIS gives guidance to the governing bodies, and consults with and speaks for them on matters relating to the governance of independent schools. This includes providing expert advice on governance, webinars, on-site training, seminars, events and reviews of governance as well as providing a range of template governance documents and policies. During the reporting period, materials available on the Members Resources page of the AGBIS website were reviewed and work commenced on adapting them for use at YSS.

Fundraising

Fundraising activities, expenditure to promote the school or advertise the fundraising activities and other income is included in the Annual Report and Financial Statement.

Financial review

The reporting period was challenging financially for YSS and its community. That said the vast majority of families were able to continue to meet their financial commitments to YSS and this was much appreciated. However, in recent years costs have increasingly outstripped income – the main income being from fee payments.

The BoT implemented a significant review of YSS’s financial funding model during the reporting period to ensure that the financial loss seen in previous years is not repeated. The BoT has also overseen a drive and investment to ensure that the school is ready for the Ofsted re-inspection, recognising that a “Good” or better rating is important in ensuring that new families can be attracted to the school.

The continued use of a direct debit-based contribution scheme and the active monitoring and management of overdue payments by the Finance team, which was further strengthened during 2021/22, has significantly helped to reduce the risk of bad debt and increase confidence in the effective management and reporting of the YSS financial position during the reporting period.

The final outturn for the year on all funds was a net profit of £53,351

Unrestricted funds - general reserve: The balance at 31 August 2022 was £417,353 (2021 - £372,292).

Unrestricted funds - designated reserve: The balance at 31 August 2022 was £7,744 (2021 - £11,051).

Restricted funds - The balance at 31 August 2022 was £11,987, no movement from 2021.

Investments

YSS policy is to reinvest all profits into the operation and maintenance of the school or hold this as limited operating or cash reserve, for the period reported. As the budget was set to provide a modest surplus, there is neither an investment policy nor objective for the reporting period.

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YORK STEINER SCHOOL LIMITED DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2022

Pension Liabilities

YSS has no liabilities arising from obligations to a defined pension scheme or pension assent on the charity's financial position.

Funds and Reserves

For the reporting period, the YSS formal reserves policy was reviewed and the reserves policy which the YSS Operating Reserves fund, continued to target two months of average operating costs and this has been put in place and maintained.

No funds were materially in deficit at the end the period as reported in the Annual Report and Financial Statements. Total and Restricted funds held at the end of the period are reported in the YSS Annual Report and Financial Statements.

Key Risks and Uncertainties Disclosures

These are reviewed and managed on an on-going basis by the leadership and management of YSS.

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YORK STEINER SCHOOL LIMITED DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2022

Reference and administrative information

Appointed Resigned

Lyndon Nicholson (Chair) Alison Longridge 04/11/2021 Benjamin Eastwood 07/07/2022 Brendan O'Brien 04/11/2021 Harriet Lansdown 04/11/2021 Jonathan Haste 04/11/2021 Simon Ho 08/11/2021 Simone Doctors 08/09/2022 Fionna McEwan 07/07/2022 Sarah-Jane Mills 07/07/2022 Anthony Paul Dent 07/07/2022 Stuart Towers 07/07/2022 Katie Westoll 09/06/2022 19/02/2023 Nicholas Finch 04/11/2021 29/09/2022 Susan Dent 28/11/2022 20/02/2023

Charity Information:

Charity number 511974

Registered and principal office:

The York Steiner School Danesmead Fulford Cross Fulford YORK, YO10 4PB

Auditors

HPH Accountants 54 Bootham YORK YO30 7XZ

Solicitors

Switalskis Solicitors Cranbourne House, 36 Gracious Street KNARESBOROUGH HG5 8DS

Principle bankers

National Westminster Bank Plc Triodos Bank Main Street Brunel House Heslington 11 The Promenade YORK BRISTOL YO10 5ZB BS8 3NN

Aldermore Bank PLC 1st Floor, Block B Western House Lynch Wood PETERBOROUGH, PE2 6FZ

10

YORK STEINER SCHOOL LIMITED DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 AUGUST 2022

Statement of Directors’ and Trustees’ responsibilities

Company law requires the Directors (Trustees) to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company as at the balance sheet date and of its income and expenditure for the financial year. In preparing those financial statements, the Trustees should follow best practice and are required to:

The Directors (Trustees) are responsible for maintaining proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Exemption: This report has been prepared in accordance with the special provisions of the Companies Act 2006 applicable to small companies.

Approved by the Board of Trustees on 26 May 2023 and signed on its behalf by:

……………………

Lyndon Nicholson

Director and Trustee

11

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND TRUSTEES OF YORK STEINER SCHOOL LIMITED

Opinion

We have audited the financial statements of York Steiner School Limited for the year ended 31 August 2022 which comprise Statement of Financial Activities, Balance Sheet, Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standards, including FRS 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

12

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND TRUSTEES OF YORK STEINER SCHOOL LIMITED

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Other matter

The financial statements of the entity for the year ended 31 August 2021 were unaudited.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors’ report included within the trustees’ report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement on page 11, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements 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 of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

13

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND TRUSTEES OF YORK STEINER SCHOOL LIMITED

Auditor’s responsibilities for the audit of the 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 or error, and to issue an auditor’s report that includes our opinion. 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 could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

In response to the risk of irregularities and non-compliance with laws and regulations and risk of fraud, we designed procedures which included but were not limited to: sample testing on the posting of journals, timing of recognition of income and the completeness of income, review of trustee’s minutes and any correspondence with regulators.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards.

14

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND TRUSTEES OF YORK STEINER SCHOOL LIMITED

We are not responsible for preventing non-compliance and cannot be expected to detect noncompliance with all laws and regulations. These inherent limitations are particularly significant in the case of misstatement resulting from fraud as this may involve sophisticated schemes designed to avoid detection, including deliberate failure to record transactions, collusion, or the provision of intentional misrepresentations. We are not responsible for preventing fraud and cannot be expected to detect all fraud.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities.This description forms part of our Auditor's report.

USE OF OUR REPORT

This report is made solely to the charitable company's members in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members for our audit work, for this report, or for the opinions we have formed.

...................................... Sarah Wearing (Senior Statutory Auditor) For and on behalf of HPH, Statutory Auditor 54 Bootham YORK YO30 7XZ 26 May 2023

15

YORK STEINER SCHOOL LIMITED STATEMENT OF FINANCIAL ACTIVITIES AND INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2022

Unrestricted
Funds
£
32,340
669,900
73,440
201,833
1,140		 Designated
Funds
£
998
-
25,215
94
-		 Restricted
Funds
£
12,047
-
-
-
-		 Total
2022
£
45,385
669,900
98,655
201,927
1,140		 Total
2021
£
17,957
608,882
152,155
87,389
888
£ 978,653 £ 26,307 £ 12,047 £ 1,017,007 £ 867,271
47,295
886,297		 -
29,614		 -
450		 47,295
916,361		 39,176
963,034
£ 933,592 £ 29,614 £ 450 £ 963,656 £ 1,002,210
45,061
-		 (3,307)
-		 11,597
-		 53,351
-		 (134,939)
-
45,061
372,292		 (3,307)
11,051		 11,597
11,987		 53,351
395,330		 (134,939)
530,269

The notes on pages 19 to 28 form part of these financial statements.

Income and net movement in funds derive wholly from continuing operations.

16

YORK STEINER SCHOOL LIMITED BALANCE SHEET AS AT 31 AUGUST 2022

Company number: 01591107

Note
Fixed assets:
Tangible assets
10
Investments
11
Total Fixed Assets
Current assets:
Stocks
Debtors
12
Cash at bank and in hand
23
Total Current Assets
Liabilities:
Creditors: amounts falling due
within one year
13
Net current assets
Total assets less current liabilities
14
Total net assets
The funds of the charity:
Unrestricted funds
17
Designated funds
17
Restricted funds
16
Total charity funds
Creditors: amounts falling due after more than
one year		 £
£
301,299
100
301,399
5,435
60,958
283,859
350,252
(77,486)
272,766
574,165
(125,484)
£ 448,681
417,353
7,744
23,584
£ 448,681
2022		 £
£
301,299
100
301,399
5,435
60,958
283,859
350,252
(77,486)
272,766
574,165
(125,484)
£ 448,681
417,353
7,744
23,584
£ 448,681
2022		 £
£
332,532
100
332,632
2,800
92,079
198,189
293,068
(83,942)
209,126
541,758
(146,428)
£ 395,330
372,292
11,051
11,987
£ 395,330
2021		 £
£
332,532
100
332,632
2,800
92,079
198,189
293,068
(83,942)
209,126
541,758
(146,428)
£ 395,330
372,292
11,051
11,987
£ 395,330
2021
301,399
272,766		 332,632
209,126
350,252
(77,486)		 293,068
(83,942)
574,165
(125,484)		 541,758
(146,428)
£ 448,681 £ 395,330
417,353
7,744
23,584		 372,292
11,051
11,987
£ 448,681 £ 395,330

The accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to small companies.

Approved by the Directors and Trustees on 26 May 2023 and signed on their behalf by:

Lyndon Nicholson

Director and Trustee

The notes on pages 19 to 28 form part of these financial statements.

17

YORK STEINER SCHOOL LIMITED CASH FLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST 2022

Note
22
Cash flow from investing activities:
Purchase of tangible fixed assets
Cash flow from financing activities:
Cash and cash equivalents at end of the year
Net cash provided by operating activities
Net cash used in investing activities
Net cash used in financing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at beginning of the
year
(Decrease) / Increase of borrowings		 £
£
104,501
-
-
(18,831)
(18,831)
85,670
198,189
£ 283,859
2022		 £
£
104,501
-
-
(18,831)
(18,831)
85,670
198,189
£ 283,859
2022		 £
£
(91,973)
(4,472)
(4,472)
32,805
32,805
(63,640)
261,829
£ 198,189
2021		 £
£
(91,973)
(4,472)
(4,472)
32,805
32,805
(63,640)
261,829
£ 198,189
2021
(18,831) 32,805
85,670
198,189		 (63,640)
261,829
£ 283,859 £ 198,189

The notes on pages 19 to 28 form part of these financial statements.

18

YORK STEINER SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

1 ACCOUNTING POLICIES

Legal entity

York Steiner School Limited is regulated by the Charities Commission (511974), limited by guarantee and is registered in England and Wales. The Address of the registered office and principal place of business is York Steiner School, Danesmead, Fulford Cross, YORK, YO10 4PB.

In the event of the charity being wound up, the liability in respect of the guarantee is limited to £5 per member of the charity.

Basis of preparation

The Accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019) - (Charites SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006.

York Steiner School meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Going concern

The directors and trustees have a reasonable expectation that the charitable company had adequate resources to continue in operational existence for the foreseeable future. The charitable company has cash resources and long term finance provided by Triodos Bank. In assessing going concern they have assumed that the loan will continue to be repaid at the current levels for the foreseeable future. Special consideration has been given to COVID-19. The Governors have prepared financial projections, taking into consideration the current economic climate and its potential impact on the sources of income and planned expenditure. They have a reasonable expectation that adequate financial resources are available to enable the School to continue in operational existence for the foreseeable future, and have adequate contingency plans in the event that income streams are reduced. Consequently the financial statements have been prepared on the basis that the School is a going concern.

Fees and other income

Parental contributions, charges for services and use of premises are accounted for in the period in which the service is provided.

Donations

Donations receivable for the general purpose of the School are credited to "unrestricted funds". Donations for purposes restricted by the wishes of the donor are taken to "restricted funds" where these wishes are legally binding on the Trustees.

Other trading activities

All other income is included in the Statement of Financial Activities (SOFA) when the School is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Expenditure and irrecoverable VAT

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Overheads and other costs not directly attributable to particular functional activity categories are apportioned over the relevant categories on the basis of management estimates of the amount attributable to that activity in the year, either by reference to staff time or space occupied, as appropriate. The irrecoverable element of VAT is included with the item of expense to which it relates.

Governance costs are costs associated with constitutional and statutory requirements. They include examination fees and estimated costs linked to the strategic management of the School. Support costs are those incurred directly in support of expenditure on the objects of the School.

Fixed asset investments

Investments are stated at cost or estimated value on acquisition as it is not possible to readily ascertain their market values.

Tangible fixed assets

Alteration and improvement expenditure on freehold property is treated as capital if it results in additional floor area for use of the School. Otherwise it is charged to revenue as maintenance of buildings.

19

YORK STEINER SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 CONTINUED

1 ACCOUNTING POLICIES (continued)

Depreciation

Depreciation is calculated to write off the cost of fixed assets over their expected useful lives. The rates used are as follows:

Freehold buildings 2% per annum straight line Fixtures, fittings and equipment 15% per annum reducing balance Leased assets straight line over the period of the lease Property improvements 2% per annum straight line Boiler and heating system 5% per annum straight line Computer equipment 25% per annum straight line Books nil

Operating leases

Rentals payable under operating leases are charged in the SOFA on a straight line basis over the lease term.

Stocks

Stocks are stated at the lower of cost and net realisable value.

Debtors

Trade and other debtors are recognised at the settlement amont due after any trade dicount offered. Prepayments are valued at the amount prepaid net of any trade dicounts due.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Funds Structure

Unrestricted funds are funds which can be used in accordance with the charitable objects at the discretion of the directors/trustees. Designations of unrestricted funds are made at the directors'/trustees' discretion in order to make allocations for anticipated future expenditure.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for a particular purpose.

Restricted funds are funds which are subject to specific trusts, either declared by the donor when making the donation or grant conditions, or accepted by the donor in responding to a specific appeal.

Pensions

Employees are entitled to join the School's auto enrolment pension scheme operated by NEST. The School's contributions made for the accounting period are treated as an expense and are restricted to the contributions disclosed in note 9. There were no outstanding contributions at the year end. The costs of the scheme are included within direct charitable expenditure: provision of education.

Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

20

YORK STEINER SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 CONTINUED

2 TAXATION

As a registered charity, York Steiner School Limited is exempt from the tax on income falling within sections 466 to 493 of the Corporation Tax Act 2010 to the extent that this is applied to its charitable objects. No tax charges have arisen in the Company.

3 OPERATING SURPLUS 2022 2021
£ £
The income for the year is stated after charging:
Depreciation 31,158 31,503
Independent examination fee - 2,160
Audit fees 7,800 -
Accountancy fees: statutory accounts production and taxation compliance 7,343 7,507
4 INCOME FROM CHARITABLE ACTIVITIES 2022 2021
£ £
Parental contributions £ 669,900 £ 608,882
Other income
Class trips, activities and workshops 25,804 14,725
Grants received 6,455 57,227
Early years' scheme from the City of York Council 41,244 51,389
Other income 25,152 28,814
£ 98,655 £ 152,155

Included in grants received is £nil (2021: £48,469) relating to the Government Coronavirus Job Retention Scheme.

5 INCOME FROM OTHER TRADING ACTIVITIES

Fundraising
Trading activities
Hire of school premises
6
INTEREST RECEIVABLE AND SIMILAR INCOME
Bank interest
7
INTEREST PAYABLE AND SIMILAR CHARGES
Loan, lease and bank interest		 96,135
30,739
75,053		 10,561
17,174
59,654
£ 201,927 £ 87,389
£ 1,140 £ 888
£ 8,469 £ 5,433

21

YORK STEINER SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 CONTINUED

8 ANALYSIS OF TOTAL EXPENDITURE

Unrestricted
funds
£
Costs of raising funds
Shop cost of sales
9,561
Café expenses
34,022
Fundraising and publicity
3,712
Cost of raising funds
47,295
Charitable activities
Provision of education
Staff payments and expenses
526,595
Courses and conference costs
49,824
Educational materials
8,321
584,740
Support costs
Administrative salaries
99,021
Rates and water
13,280
Light and heat
27,289
Repairs and renewals
29,583
Insurance
21,719
Printing, stationery and postage
1,935
Class trips, activities and workshops
4,813
Telephone
1,776
Cleaning
14,040
Leasing
3,569
Bad and doubtful debts
6,511
Sundry expenses
9,944
Loss on sale of asset
75
Depreciation
31,158
264,713
Governance Costs
15,143
S. W. S. F. payment
9,521
Interest and charges payable
8,469
Legal and professional fees
3,711
36,844
Cost of charitable activities
£ 886,297
Total Expenditure
£ 933,592
Independent examination and
accountancy		 Unrestricted
funds
£
9,561
34,022
3,712		 Designated
funds
£
-
-
-		 Restricted
funds
£
-
-
-		 Total
2022
£
9,561
34,022
3,712		 Total
2021
£
4,345
34,831
-
- - 47,295 39,176
526,595
49,824
8,321		 -
-
-		 -
-
-		 526,595
49,824
8,321		 598,288
31,837
18,905
584,740
99,021
13,280
27,289
29,583
21,719
1,935
4,813
1,776
14,040
3,569
6,511
9,944
75
31,158		 -
-
-
-
145
-
-
29,469
-
-
-
-
-
-
-		 -
-
-
-
-
-
-
450
-
-
-
-
-
-
-		 584,740
99,021
13,280
27,289
29,728
21,719
1,935
34,732
1,776
14,040
3,569
6,511
9,944
75
31,158		 649,030
99,021
14,997
27,743
44,857
17,841
4,028
26,713
1,916
15,357
1,817
3,320
-
-
31,503
264,713
15,143
9,521
8,469
3,711		 29,614
-
-
-
-		 450
-
-
-
-		 294,777
15,143
9,521
8,469
3,711		 289,113
9,667
9,791
5,433
-
36,844 - - 36,844 24,891
£ 29,614 £ 450 £ 916,361 £ 963,034
£ 933,592 £ 29,614 £ 450 £ 963,656 £ 1,002,210

In 2021, expenditure on charitable activities amounting to £24,091 related to designated funds and £8,757related to restricted funds.

22

YORK STEINER SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 CONTINUED

9 TOTAL EXPENDITURE

TOTAL EXPENDITURE
Costs of raising funds
Charitable activities
Staff costs:
Wages and salaries
Pension costs
Social security costs
The average number of employees
Provision of education
Administrative salaries		 Staff
costs
£
28,953
625,616		 Depreciation
£
-
31,158		 Other
costs
£
18,342
259,587		 Total
2022
£
47,295
916,361		 Total
2021
£
39,176
963,034
£ 654,569 £ 31,158 £ 277,929 £ 963,656 £ 1,002,210
2022
£
615,355
9,563
29,651		 2021
£
648,565
11,210
37,534
£ 654,569 £ 697,309
41
12		 46
14
53 60

No employee received remuneration and benefits in excess of £60,000 (2021 - none).

The key management personnel of the charity, comprise the Trustees, Administrator, Finance Manager, Education Manager and School Business Managers. The total employee benefits of the key management personnel of the charity were £104,495 (2021 - £116,463)

There is a long standing salary scale, which determines the starting salary of a new member of staff. Based on affordability, Trustees decide whether to apply an increment to this each year. Trustees will also decide on potential pay rises.

10 TANGIBLE FIXED ASSETS

Cost:
At 1 September 2021
Additions
Disposals
At 31 August 2022
Depreciation:
At 1 September 2021
Charge for the year
Disposals
At 31 August 2022
Net book values:
31 August 2022
31 August 2021		 Fixtures,
Fittings and
Equipment
£
469,045
-
(2,182)		 Freehold
Land and
Buildings
£
349,276
-		 Plant and
Machinery
£
14,028
-
-		 Total
£
832,349
-
(2,182)
466,863 349,276 14,028 830,167
340,213
22,326
(2,107)		 150,205
6,926		 9,399
1,906		 499,817
31,158
(2,107)
360,432 157,131 11,305 528,868
£ 106,431 £ 192,145 £ 2,723 £ 301,299
£ 128,832 £ 199,071 £ 4,629 £ 332,532

Freehold land and buildings were valued at £1,450,000 in August 2006, by a firm of chartered surveyors.

23

YORK STEINER SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 CONTINUED

11 FIXED ASSET INVESTMENTS

On 19 December 1996 the School received a free distribution of Triodos Bank NV shares (a company based in the Netherlands) valued at £100. The fixed asset investment relates to unrestricted funds.

12
Trade debtors
Other debtors
Prepayments and accrued income
13
CREDITORS amounts falling due within one year
Bank loans and overdrafts
Trade creditors
Accruals and deferred income
Taxation and social security
Other creditors
Deferred income
14
CREDITORS amounts falling due after one year
Bank loans
15
Borrowings
Repayable with 1 year
Repayable between 1 - 2 years
Repayable between 2 - 5 years
Repayable in 5 years and more
All creditors falling due within one year relate to unrestricted funds.
All debtors relate to unrestricted funds.
DEBTORS		 2022
£
41,357
2,453
17,148		 2021
£
69,483
5,629
16,967
£ 60,958 £ 92,079
2022
£
20,356
13,865
10,991
7,635
20,479
4,160		 2021
£
18,243
23,373
11,671
9,529
21,126
-
£ 77,486 £ 83,942
2022
£
125,484		 2021
£
146,428
20,356
20,492
62,348
42,644		 18,243
24,613
75,334
46,481
£ 145,840 £ 164,671

The bank loan is secured by first legal charge dated 15 May 2007 over freehold property known as York Steiner School, Danesmead, Fulford Cross, YORK, YO10 4PB.

The interest rates of the loans are 1.75% over the base rate and 2.5%.

All creditors falling due after one year relate to unrestricted funds.

24

YORK STEINER SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 CONTINUED

16 RESTRICTED FUNDS

Cultural fund
Flow form fund
Dragon boat race
Special needs
Anthroposophy education for adults
Fee assistance
Disabled access appeal
Cultural fund
Flow form fund
Dragon boat race
Special needs
Bike shed fund
Anthroposophy education for adults		 Balance at
1 Sept 21
£
500
953
7,128
3,211
195
-		 Income
£
-
-
250
-
-
11,797		 Expended
£
-
-
(450)
-
-
-		 Transfers
£
-
-
-
-
-
-		 Balance at
31 Aug 22
£
500
953
6,928
3,211
195
11,797
£ 11,987 £ 12,047 £ (450) £ - £ 23,584
Balance at
1 Sept 20
£
-
500
953
7,128
3,211
-
195		 Income
£
-
-
-
-
-
8,757
-		 Expended
£
-
-
-
-
-
(8,757)
-		 Transfers
£
-
-
-
-
-
-
-		 Balance at
31 Aug 21
£
-
500
953
7,128
3,211
-
195
£ 11,987 £ 8,757 £ (8,757) £ - £ 11,987

Disabled access appeal

The disabled access appeal is a fund in which specific donations were received towards the cost of the maintenance of the lift and ramp providing the disabled access to the School.

Cultural fund

The Cultural fund is in respect of donations received for the purpose of promoting cultural improvements in the pupils of the School.

Flow form fund

The Flow form fund is in respect of donations received to be used for the purpose of purchasing a "Flow Form" water sculpture for the School.

Dragon boat race

This relates to donations from the Rotary Club of York after their fundraising dragon boat race and are to be used for playground development.

Special needs

This is to provide educational assistance for children, over and above that which can be provided by the class teacher alone, and to provide practical assistance to enable access to education where deemed necessary.

Bike shed fund

This was a grant from City of York Council to replace to current bike shed at the school.

Anthroposophy education for adults

Gathering fundings are for the purpose of anthroposophy-related adult education events at YSS (mainly the autumn/spring/summer gatherings), and all their attached costs (payment for content providers and their travel expenses, venue hire for summer gatherings, creche providers, craft materials, etc.). The mandate responsible for planning and costing these events is The Adult Learning Group at YSS (part of the Association).

25

YORK STEINER SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 CONTINUED

17 UNRESTRICTED FUNDS

Balance at
1 Sept 21
Income
Expended
Transfers
£
£
£
£
372,292
978,653
(933,592)
-
5,260
26,307
(29,469)
90
5,329
-
(145)
-
372
-
-
-
90
-
-
(90)		 Balance at
31 Aug 22
£
417,353
2,188
5,184
372
-

UNRESTRICTED FUNDS

Undesignated funds
General reserve
Designated funds
Class funds
Playground development fund
Gym fund
Inspection fund
Covid fund		 Balance at
1 Sept 20
£
491,856
18,225
5,829
372
2,000
-		 Income
£
838,890
19,534
-
-
-
90		 Expended
£
(969,362)
(23,591)
(500)
-
-
-		 Transfers
£
10,908
(8,908)
-
-
(2,000)
-		 Balance at
31 Aug 21
£
372,292
5,260
5,329
372
-
90
£ 518,282 £ 858,514 £ (993,453) £ - £ 383,343

The designated funds are funds set aside by the Trustees for the classes and departments to spend on future projects. The Trustees have reassessed the need for some of the designated funds and as a result have transferred funds from the general unrestricted reserve to respective designated funds.

18 OPERATING LEASE COMMITMENTS

As at 31 August 2022 the School had annual commitments under non-cancellable operating leases as follows:

Not later than one year
Later than one year and not later than five years		 2022
£
6,175
9,616		 2021
£
692
1,799
£ 15,791 £ 2,491

Lease payments are recognised as an expense in the Statement of Financial Activities.

26

YORK STEINER SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 CONTINUED

19 ANALYSIS OF NET ASSETS BETWEEN FUNDS

Unrestricted funds
Designated funds
Restricted funds
Unrestricted funds
Designated funds
Restricted funds		 Tangible
fixed assets
£
301,299
-
-		 Investments
£
100
-
-		 Net current
assets
£
241,438
7,744
23,584		 Long
term
liabilities
£
(125,484)
-
-		 Total
2022
£
417,353
7,744
23,584
£ 301,299 £ 100 £ 272,766 £ (125,484) £ 448,681
Tangible
fixed assets
£
332,532
-
-		 Investments
£
100
-
-		 Net current
assets
£
186,088
11,051
11,987		 Long
term
liabilities
£
(146,428)
-
-		 Total
2021
£
372,292
11,051
11,987
£ 332,532 £ 100 £ 209,126 £ (146,428) £ 395,330

20 RELATED PARTIES

York Steiner School Limited made contributions to the Steiner Waldorf Schools Foundation of £9,521 (2021 - £9,491).

During the year a total of £nil (2021 - £nil) was paid to trustees in the form of thank-you gifts. No other expenses were reimbursed to members of the Board of Trustees during the year (2021 - £nil).

No remuneration was paid to any Board of Trustee member during the year (2021 - None). The spouse of trustee Stuart Towers is employed as a learning support, the spouse of trustee Fiona McEwan worked temporarily as learning support, and the spouse of Paul Dent is employed as the special needs coordinator. All are employed under a contract of employment with normal terms and conditions.

At the year end a parent trustee owed £6,566.

There were no other related parties in the year.

21 COMPANY STATUS

The charity is a company limited by guarantee. The members of the company are the members of the Board of Directors and Trustees named on page 4. In the event of the charity being wound up the liability of the guarantee is limited to £5 per member of the charity.

22 RECONCILIATION OF CASH FLOWS FROM OPERATING ACTIVITIES
Net income / (expenditure) for the year
Adjustments for:
Depreciation of tangible fixed assets
(Increase) in stocks
Decrease / (increase) in debtors
Increase / (decrease) in creditors
Net cash provided by operating activities
23 ANALYSIS OF CASH AND CASH EQUIVALENTS
Cash at bank and in hand
Total cash and cash equivalents		 2022
£
53,351
31,158
(2,635)
31,121
(8,494)		 2021
£
(134,939)
31,503
-
(4,718)
16,181
£ 104,501 £ (91,973)
2022
£
283,859		 2021
£
198,189
£ 283,859 £ 198,189

27

YORK STEINER SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 CONTINUED

24 ANALYSIS OF CHANGES IN NET DEBT

Cash
Loans falling due within one year
Loans falling due after more than one year		 At
01 September 2021
198,189
(18,243)
(146,428)		 Cash-flows
85,670
(2,113)
20,944		 At
31 August 2022
283,859
(20,356)
(125,484)
33,518 104,501 138,019

25 VOLUNTEERS

The school is lucky to be supported by volunteers. They primarily help in the preparation of meals in the Café and running the school shop to raise funds for class trips and in other fundraising activities. These include the York Dragon Boat Race, The St Crux Café, Craft and Book sales and other ad hoc activities.

Parents volunteer to organise and run the Advent and Spring fairs and help prepare the school through two hours of work per parent at the end of each year during work week. Parents also help by cleaning and tidying their children’s class room every weekend during term time.

26 COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES AND INCOME AND EXPENDITURE ACCOUNT

Unrestricted
Funds
£
17,813
608,882
128,263
83,044
888		 Designated
Funds
£
144
-
15,135
4,345
-		 Restricted
Funds
£
-
-
8,757
-
-		 Total
2021
£
17,957
608,882
152,155
87,389
888		 Total
2020
£
49,398
591,738
149,172
99,749
2,363
£ 838,890 £ 19,624 £ 8,757 £ 867,271 £ 892,420
39,176
930,186		 -
24,091		 -
8,757		 39,176
963,034		 52,269
848,564
£ 969,362 £ 24,091 £ 8,757 £ 1,002,210 £ 900,833
(130,472)
10,908		 (4,467)
(10,908)		 -
-		 (134,939)
-		 (8,413)
-
(119,564)
491,856		 (15,375)
26,426		 -
11,987		 (134,939)
530,269		 (8,413)
538,682

28

The following page does not form part of the statutory financial statements

YORK STEINER SCHOOL LIMITED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2022

Income
Parental contributions
Class trips, activities and workshops
Grant income
Donations
Gift Aid provision
Fundraising
Early years' scheme
Parent and toddlers
Hire of school premises: courses
Interest received
Hire of school premises: business wing
Childcare provision
Sundry receipts
Café sales
Shop income
Expenditure
Staff payments and expenses
Fundraising costs
Courses and conference costs
Rates and water
Light and heat
Repairs and renewals
Insurance
Café purchases
Shop cost of sales
Printing, stationery and postage
Educational materials
Class trips, activities and workshop expenses
Loan interest
Telephone
Bank charges and interest
Cleaning
Operating leasing costs
S.W.S.F. payment
Examination, accountancy and payroll fees
Legal fees
Bad debts
Loss on sale of assets
Sundry expenses
Surplus / (Deficit) for the year before depreciation
Depreciation and impairment write offs
NET SURPLUS / (DEFICIT) FOR THE YEAR		 £
£
669,900
25,804
6,455
36,797
8,588
96,135
41,244
6,571
14,676
1,140
60,377
16,124
2,457
23,561
7,178
1,017,007
654,569
3,712
49,824
13,280
27,289
29,728
21,719
9,414
5,216
1,935
8,321
34,732
3,099
1,776
5,370
14,040
3,569
9,521
15,143
3,711
6,511
75
9,944
(932,498)
84,509
(31,158)
£ 53,351
2022		 £
£
669,900
25,804
6,455
36,797
8,588
96,135
41,244
6,571
14,676
1,140
60,377
16,124
2,457
23,561
7,178
1,017,007
654,569
3,712
49,824
13,280
27,289
29,728
21,719
9,414
5,216
1,935
8,321
34,732
3,099
1,776
5,370
14,040
3,569
9,521
15,143
3,711
6,511
75
9,944
(932,498)
84,509
(31,158)
£ 53,351
2022		 £
£
608,882
14,725
57,227
17,957
-
10,561
51,389
25,223
8,359
888
51,295
1,749
1,842
17,174
-
867,271
726,262
-
31,837
14,997
27,743
44,857
17,841
10,223
-
4,028
18,905
26,713
1,736
1,916
3,697
15,357
1,817
9,791
9,667
-
3,320
-
-
(970,707)
(103,436)
(31,503)
£ (134,939)
2021		 £
£
608,882
14,725
57,227
17,957
-
10,561
51,389
25,223
8,359
888
51,295
1,749
1,842
17,174
-
867,271
726,262
-
31,837
14,997
27,743
44,857
17,841
10,223
-
4,028
18,905
26,713
1,736
1,916
3,697
15,357
1,817
9,791
9,667
-
3,320
-
-
(970,707)
(103,436)
(31,503)
£ (134,939)
2021
1,017,007
(932,498)		 867,271
(970,707)
84,509
(31,158)		 (103,436)
(31,503)
£ 53,351 £ (134,939)

29