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2022-08-31-accounts

Governors Governors Mr. A. E. R. Bell (Chairman)
Dr. E.C. Miller
Mr. A. N. Birkett (Resigned 21 October 2022)
Mr T. M. Bramald
Mrs. D. L. Dakers
Mrs. A. R. Marshall
Mrs. P.J. Derries
Mrs. S.J.S. Dalrymple (Resigned 3 October 2021)
Mr. M. Mole
Mrs. S.Dunford (Appointed 10October 2022)
Mr. E. Roney (Appointed 8 March 2022)
Dr.J.Watson (Appointed 1 April 2022)
Headmaster MrJ.C. E.Lee
Secretary Mrs V.J.Bryson
Charity number 513534
Company number 01675232
Principal address Longridge
Towers
Berwick-upon-Tweed
Northumberland
TD152XQ
Registered office Longridge
Towers
Berwick-upon-Tweed
Northumberland
TD152XQ
Auditor Greaves West 8 Ayre
17Walkergate
Berwick-upon-Tweed
Northumberland
TD15 1DJ
Bankers Barclays Bank P.L.C.
22/24 Hide
Hill
Berwick upon Tweed
TD15 1AF

Page
Governors'
report
Independent
auditor's		 report
Statement
of financial		 activities
Balance sheet 16
Statement
ofcash flows		 17
Notes to the financial statements 18-32

Unrestricted Unrestricted Restricted Total Unrestricted Unrestricted Restricted Total
funds funds funds funds funds funds
general designated general designated
2022 2022 2022 2022 2021 2021 2021
Notes 6 6 F F. F
income and endowments from:
Donations and legacies 3 50 50
Charitable activities 6 4,460,058 (453,900) 4,006,158 3,915,241 (388,455) 3,526,786
investments 4 298 298 50 50
Other income 5 34,523 34,523 129,963 129,963
Total income 4,494,929 (453,900) 4,041,029 4,045,254 (388,455) 3,656,799
~Edit
Charitable activities 9 3,991,061 3,470 3,994,531 3,549,765 3,470 3,553,235
Other
Net incoming/(outgoing) resources before
transfers 503,868 (453,900) (3,470) 46,498 495,489 (388,455) (3,470) 103,564

Unrestricted Unrestricted Restricted Total Unrestricted Unrestricted Restricted Total
funds funds funds funds funds funds
general designated general designated
2022 2022 2022 2021 2021 2021 2021
6 6 6 6
Net incoming/(outgoing) resources before
transfers 503,868 (453,900) (3,470) 46,498 495,489 (388,455) (3,470) 103,564
Gross transfers between funds (453,900) 453,900 (388,455) 388,455
Net income/(expenditure) for the year/
Net movement in funds 49,968 (3,470) 46,498 107,034 (3,470) 103,564
Fund balances at 1 September 2021 4,272,554 61,995 19,828 4,354,377 4,165,520 61,995 23,298 4,250,813
Fund balances at 31August 2022 4,322,522 61,995 16,358 4,400,875 4,272,554 61,995 19,828 4,354,377

2021
Notes
Fixed assets
Tangible assets 4,806,162 4,802,963
Current assets
Stocks 12 10,377 9,185
Debtors 13 312,205 144,537
Cash at bank and in hand 449,523 242,927
772,105 396,649
Creditors: amounts falling due within
one year 15 (1,177,392) (845,235)
Net current liabilities (405,287) (448,586)
Total assets less current liabilities 4,400,875 4,354,377
Income funds
Restricted funds 16 16,358 19,828
Unrestricted funds
Designated funds 17 61,995 61,995
General
unrestricted		 funds 497,793 447,825
Revaluation reserve 3,824,729 3,824,729
4,384,517 4,334,549
4,400,875 4,354,377

2022 2021
Notes
Cash flows from operating activities
Cash generated
from operations		 21 260,974 257,397
Investing activities
Purchase oftangible
fixed assets		 (85,318) (66,909)
Proceeds from disposal
oftangible
fixed
assets 34,519 3,000
Investment income received 298 50
Net cash used
in investing		 activities (50,501) (63,859)
Financing activities
Payment of obligations
under finance leases		 (3,877) (13,897)
Net cash used
in financing		 activities (3,877) (13,897)
Net increase
in cash and cash equivalents		 206,596 179,641
Cash and cash equivalents at beginning ofyear 242,927 63,286
Cash and cash equivalents at end ofyear 449,523 242,927

4 Investments Investments
Unrestricted Unrestricted
funds funds
general general
2022 2021
E
Interest receivable 298 50
6 Other income
Unrestricted Unrestricted
funds funds
general general
2022 2021
Net gain on disposal oftangible fixed assets 33,270 3,000
Coronavirus job retention scheme 1,253 126,963
34,523 129,963
6 Charitable activities
Unrestricted Total 2021
Funds
2022
Tuition fees 4,254,831 3,879,323
School meals 126,869 93,870
Boarding 150,637 162,303
School bus 250,007 154,042
Hire of school facilities 1,689 2,190
Registration 9,400 5,000
Sundry income 22,607 6,058
Less: Bursaries (809,882) (776,000)
4,006,158 3,526,786
Analysis by fund
Unrestricted funds - general 4,460,058 3,915,241
Unrestricted funds - designated (453,900) (388,455)
4,006,158 3,526,786

7 Support costs Support costs
Support Governance 2022 Support Governance 2021
costs costs costs costs
Audit fees 13,863 13,863 8,415 8,415
Legal and professional 23,324 23,324 15,610 15,610
37,187 37,187 24,025 24,025
Analysed between
Charitable activities 37,187 37,187 24,025 24,025

Education Catering Boarding
&		 Transport General Total Total
Costs Costs Property Costs Admin
&		 2022 2021
Costs Overhead
Costs
E 6 6
Staff costs 2,188,970 108,351 133,924 259,169 310,988 3,001,402 2,780,344
Depreciation
and		 impairment 40,320 40,551 80,871 73,717
Teaching resources 69,063 69,063 46,138
Repairs and deaning 3,637 258,249 1,310 263,196 179,429
Heat and light 3,058 92,035 95,093 77,358
Food costs 91,626 91,626 65,213
Motor expenses 14,121 14,121 4,104
Rates and insurances 58,425 58,425 70,299
School bus service costs 146,771 146,771 116,612
General
admin		 30,191 6,862 13,565 50,618 34,556
Postage, stationery, advertising and telephone 79,435 79,435 64,421
Bank charges and interest 7,274 7,274 9,910
Staff recruitment costs 8,318 8,3'i 8 9,947
Commission 713
Subscriptions 18,943 18,943 17,086
Bad debts (27,812) (27,812) (22,766)
Hire purchase
interest		 2,129
2,288,224 206,672 589,815 460,612 412,021 3,957,344 3,529,210
Share ofgovernance costs (see note 7) 13,520 343 23,324 37,187 24,025
2,301,744 207,015 613,139 460,612 412,021 3,994,531 3,553,235

Education Catering Boarding 8 Transport General Total
Costs Costs Property Costs Adrnin
&		 2022
Costs Overhead
Costs
Analysis
by fund
Unrestricted
funds - general		 2,301,744 207,015 609,669 460,612 412,021 3,991,061
Restricted funds 3,470 3,470
2,301,744 207,015 613,139 460,612 412,021 3,994,531
For the year ended 31August 2021
Unrestricted funds - general 2,023,753 180,615 474,172 425,981 445,244 3,549,765
Restricted funds 3,470 3,470
2,023,753 180,615 477,642 425,981 445,244 3,553,235

The average
 monthly
number
ofemployees
during t		 he year was:
2022 2021
Number Number
Teaching 48 49
Administration 12 13
Other 38 38
98 100
Employment costs 2022 2021
Wages and salaries 2,557,855 2,327,018
Social security costs 204,305 203,409
Other pension costs 239,242 249,917
The number of employees whose annual remuneration was f60,000 or more
were:
2022 2021
Number Number
f60,001 - F70,000 1 3
F70,001 -280,000 1 1

11 Tangible fixed assets Tangible fixed assets
Land and Fixtures, Motor vehicles Totai
buildings fittings a
equipment
Cost
At 1 September 2021 4,596,989 576,461 151,658 5,325,108
Additions 17,729 67,589 85,318
Disposals (66,983) (66,983)
At 31August 2022 4,596,989 594,190 152,264 5,343,443
Depreciation and impairment
At 1 September 2021 404,909 117,236 522,145
Depreciation charged in the year 40,319 40,551 80,870
Eliminated
in		 respect ofdisposals (65,734) (65,734)
At 31August 2022 445,228 92,053 537,281
Carrying
amount
At 31August 2022 4,596,989 148,962 60,211 4,806,162
At 31August 2021 4,596,989 171,552 34,422 4,802,963

13 Debtors
2022 2021
Amounts
falling due within one year:
Trade debtors 129,545 110,952
Other debtors 121,032 1,874
Prepayments
and accrued income		 61,628 31,711
312,205 144,537
14 Finance lease commitments
Future
minimum
lease payments
due under finance leases:
2021
Within one year 3,877
Hire purchase
loans are secured against the assets to which they relate.
15 Creditors: amounts
falling due within one year
2022 2021
Notes F
Obligations
under finance leases		 3,877
Other taxation
and social security		 53,754
Payments
received on account		 473,003 561,064
Trade creditors 201,753 79,234
Other creditors 157,651 169,288
Accruals and deferred
income		 291,231 31,772
1,177,392 845,235

Balance at Resources Balance at Resources Balance at
1 September expended 1 September expended 31August
2020 2021 2022
Science Facilities Fund 23,298 (3,470) 19,828 (3,470) 16,358

Balance at Bursarles and Transfers Balance at Bursaries and Transfers Balance at
1 September allowances 1September allowances 31August
2020 2021 2022
'E
Bursary Fund 61,995 (388,455) 388,455 61,995 (453,900) 453,900 61,995
61,995 (388,455) 388,455 61,995 (453,900) 453,900 61,995

18 Analysis ofnet assets between funds
Unrestricted Designated Restricted Total Unrestricted Designated Restricted Total
2022 2022 2022 2022 2021 2021 2021 2021
F 8
Fund balances at 31August 2022 are represented
by:
Tangible assets 4,795,754 10,408 4,806,162 4,789,085 13,878 4,802,963
Current assets/(liabilities) (473,232) 61,995 5,950 (405,287) (516,531) 61,995 5,950 (448,586)
4,322,522 61,995 16,358 4,400,875 4,272,554 61,995 19,828 4,354,377

21 Cash generated
from		 Cash generated
from		 operations operations 2022 2021
F
Surplus
for the year		 46,497 103,565
Adjustments
for:
Investment
income		 recognised
in statement		 of financial activities (298) (50)
Gain on disposal
of		 tangible fixed assets (33,270) {3,000)
Depreciation
and impairment		 oftangible fixed assets 80,871 73,717
Movements
in working		 capital:
(Increase)
in stocks		 (1,192) (3,286)
{Increase)/decrease in debtors (167,668) 38,370
Increase
in creditors		 336,034 48,081
Cash generated
from		 operations 260,974 257,397
22 Analysis
ofchanges		 in net funds
At 1 September Cash flows At 31 August
2021 2022
Cash at bank and
in		 hand 242,927 206,596 449,523
Obligations
under finance leases		 (3,877) 3,877
239,050 210,473 449,523