2023-08-31-accounts

Governors	Governors		Mr. A. E. R. Bell		(Resigned	31August 2023)
			Dr. E.C. Miller
			Mr. A. N. Birkett		(Resigned	21 October 2022)
			Mr T. M. Bramald	(Chairman)
			Mrs. D. L. Dakers		(Resigned	29June 2023)
			Mrs. A. R. Marshall
			Mrs. P.J.Derries
			Mr. M. Mole
			Mrs. S.Dunford		(Appointed	10October 2022)
			Mr. E. Roney
			Dr. J.Watson
			Mr P. Evans		(Appointed	8 February 2023)
			Mrs i. Cheer		(Appointed	8 February 2023)
Headmaster			Mr J.C. E.Lee
Secretary			Mrs V.J.Bryson
Charity	number		513534
Company		number	01675232
Principal	address		Longridge Towers
			Berwick-upon-Tweed
			Northumberland
			TD15 2XQ
Registered		office	Longridge Towers
			Berwick-upon-Tweed
			Northumberland
			TD15 2XQ
Auditor			Greaves West &Ayre
			17Walkergate
			Berwick-upon-Tweed
			Northumberland
			TD15 1DJ
Bankers			Barclays Bank P.L.C.
			22I24 Hide Hill
			Benjvick upon Tweed
			TD15 1AF

		Page
Governors' report		1-11
Independent auditor's	report	12 - 15
Statement offinancial	activities	16
Balance sheet		17
Statement ofcash flows		18
Notes to the financial	statements	19-33

						Unrestricted Unrestricted	Unrestricted Unrestricted	Restricted	Total	Unrestricted	Unrestricted	Unrestricted	Restricted	Total
						funds	funds	funds		funds		funds	funds
						general	designated			general	designated
						2O23	2O23	2023	2023	2022		2022	2022	2022
					Notes		6	6	f	6		6	6	5
Income and endowments			from:
Donations and	legacies				3	175			175	50				50
Charitable activities					6	5,133,858	(442,191)		4,691,667	4,556,076		(453,900)		4,102,176
Investments					4	5,311			5,311	298				298
Other income					5					34,523				34,523
Total income						5,139,344	(442,191)		4,697,153	4,590,947		(453,900)		4,137,047
Charitable activities					9	4,470,135		6,205	4,476,340	4,087,079			3,470	4,090,549
Net Income/(expenditure)						669,209	(442,191)	(6,205)	220,813	503,868		(453,900)	(3,470)	46,498
Transfers between		funds				(442,191)	442,191			(453,900)		453,900
Net movement	in funds					227,018		(6,205)	220,813	49,968			(3,470)	46,498
Reconciliation	offunds:
Fund balances	at 1	September 2022				4,322,521	61,995	16,359	4,400,875	4,272,554		61,995	19,828	4,354,377
Fund balances	at	31August 2023				4,549,539	61,995	10,154	4,621,688	4,322,522		61,995	16,358	4,400,875
The statement	offinancial		activities	includes	all gains and losses	recognised in	the year. All income and expenditure derive from continuing					activities.

							2023		2022
						Notes	F
Fixed assets
Tangible assets						12		4,824,914		4,806,162
Current assets
Stocks						13	8,154		10,377
Debtors						14	336,226		413,297
Cash at bank		and	in	hand			481,780		449,523
							826,160		873,197
Creditors: one year	amounts			falling	due within	16	1,029,386		1,278,484
Net current	liabilities							(203,226)		(405,287)
Total assets		less	current liabilities					4,621,688		4,400,875
The funds	ofthe		charitable		company
Restricted	income		funds					10,154		16,358
Unrestricted		funds	-	general				724,810		497,793
Revaluation		reserve						3,824,729		3,824,729
Unrestricted		funds	-	designated		17		61,995		61,995
								4,621,688		4,400,875

				2023		2022
			Notes	K		K
Cash flows from operating		activities
Cash generated from operations					126,401		260,974
Investing	activities
Purchase	oftangible fixed assets			(101,005)		(85,318)
Proceeds	from disposal oftangible fixed
assets				1,550		34,519
Investment	income received			5,311		298
Net cash	used in investing	activities			(94,144)		(50,501)
Financing	activities
Payment	ofobligations under finance leases					(3,877)
Net cash	used in financing	activities					(3,877)
Net increase in cash and cash equivalents					32,257		206,596
Cash and	cash equivalents	at beginning	ofyear		449,523		242,927
Cash and	cash equivalents	at end ofyear			481,780		449,523

Other incom	e
					Unrestricted	Unrestricted
					funds	funds
					general	general
					2023	2022
Net gain on	disposal	oftangible		fixed assets		33,270
Coronavirus	job retention		scheme			1,253
						34,523

		Unrestricted	Tots I 2022
		Funds
		2023
Tuition fees		4,740,425	4,254,831
School meals		149,461	126,869
Boarding		187,076	150,637
School bus		320,034	250,007
Hire ofschool facilities		300	1,689
Registration		6,244	9,400
Sundry income		17,627	22,607
Trip income		125,685	96,018
Less: Bursaries		(855,185)	(809,882)
		4,691,667	4,102,176
Analysis by fund
Unrestricted	funds - general	5,133,858	4,556,076
Unrestricted	funds - designated	(442,191)	(453,900)
		4,691,667	4,102,176

7	Support costs	Support costs
			Support	Governance	2023	Support	Governance	2022
			costs	costs		costs	costs
			K	E	K
	Audit fees			24,454	24,454		13,863	13,863
	Legal and	professional		12,482	12,482		23,324	23,324
				36,936	36,936		37,187	37,187
	Analysed	between
	Charitable	activities		36,936	36,936		37,187	37,187

Charitable activities
			Education Costs	Catering Costs	Boarding & Property	Transport Costs	General Admin &	Total 2023	Total 2022
					Costs		Overhead
							Costs
					f	E	6		8
Staff costs			2,281,289	115,622	153,735	331,849	337,937	3,220,432	3,001,402
Depreciation and impairment Teaching resources Repairs and cleaning Hest snd light Food costs			85,131	3,792 3,459 118,319	48,180 175,091 117,090	32,521	3,239	80,701 85,131 182,122 120,549 118,319	80,871 62,295 263,196 95,093 91,626
Motor expenses Rates and insurances					64,953	26,733		26,733 64,953	14,121 58,425
Cost oftrips			129,665					129,665	102,786
School bus service costs						192,208		192,208	146,771
General admin			43,383		7,962		31,375	82,720	50,618
Postage, stationery, advertising Bank charges and interest		and telephone					89,487 7,608	89,487 7,608	79,435 7,274
Staff recruitment costs							12,540	12,540	8,318
Subscriptions							11,764	11,764	18,943
Bad debts							14,472	14,472	(27,812)
			2,539,468	241,192	567,011	583,311	508,422	4,439,404	4,053,362
Share of governance	costs (see	note 7)	24,100	354	12,482			36,936	37,187
			2,563,568	241,546	579,493	583,311	508,422	4,476,340	4,090,549

			Education	Catering	Boarding &	Transport	General	Total	Total
			Costs	Costs	Property	Costs	Admln &	2023	2022
					Costs		Overhead
							Costs
							6
Analysis	by fund
Unrestricted		funds - general	2,563,568	241,546	573,288	583,311	508,422	4,470,135
Restricted		funds			6,205			6,205
			2,563,568	241,546	579,493	583,311	508,422	4,476,340
Forthe year ended 31August 2022
Unrestricted		funds - general	2,434,612	207,015	572,819	460,612	412,021		4,087,079
Restricted		funds			3,470				3,470
			2,434,612	207,015	576,289	460,612	412,021		4,090,549

		2023	2022
		Number	Number
Teaching		52	48
Administration		12	12
Other		38	38
		102	98
Employment	costs	2023	2022
		E	E
Wages and salaries		2,667,782	2,557,855
Social security	costs	272,043	204,305
Other pension	costs	280,608	239,242

were:
		2023	2022
		Number	Number
660,001	- F70,000	3	1
F70,001	- F80,000		1
F80,001	- F90,000

Tangible fixed assets	Tangible fixed assets
				Land and	Fixtures,	Motor	Total
				buildings	fittings &	vehicles
					equipment
					K
Cost
At 1 September 2022				4,596,989	594,190	152,264	5,343,443
Additions				19,560	41,487	39,958	101,005
Disposals						(3,100)	(3,100)
At 31August	2023			4,616,549	635,677	189,122	5,441,348
Depreciation	and impairment
At 1 September 2022					445,229	92,054	537,283
Depreciation	charged	in	the year		48,180	32,521	80,701
Eliminated in	respect of		disposals			(1,550)	(1,550)
At 31August	2023				493,409	123,025	616,434
Carrying amount
At 31August	2023			4,616,549	142,268	66,097	4,824,914
At 31August	2022			4,596,989	148,962	60,211	4,806,162
All tixed assets are used			in direct furtherance	ofthe charity's objects.

14	Debtors
					2023	2022
	Amounts falling due			within one year:
	Trade debtors				182,168	129,545
	Other debtors				4,301	121,032
	Prepayments	and accrued income			149,757	162,720
					336,226	413,297
16	Creditors: amounts			falling due within one year
					2023	2022
					E
	Other taxation	and social security				53,754
	Payments received Trade creditors		on account		393,362 141,671	473,003 201,753
	Other creditors				276,400	258,743
	Accruals and	deferred		income	217,953	291,231
					1,029,386	1,278,484

balances	ofdonati	ons and grants held on trus	t for specific purposes:
			At 1	Resources	At	31August
			September	expended		2023
			2022
			E
Science	Facilities	Fund	16,359	(6,205)		10,154
Previous	year:		At 1 September	Resources expended	At	31August 2022
			2021
			K	f
Science	Facilities	Fund	19,828	(3,470)		16,358

		At 1	Incoming	Transfers	At 31August
		September	resources		2023
		2022
			E	f	E
Bursary	Fund	61,995	(442,191)	442,191	61,995
Previous	year:	At 1	Incoming	Transfers	At 31August
		September	resources		2022
		2021
Bursary	Fund	61,995	(453,900)	453,900	61,995

18	Analysis	of net assets between	funds	Unrestricted	Designated	Restricted	Total	Unrestricted	Designated	Restricted	Total
				2023 f	2023	2023 f	2023 E	2022 E	2022 E	2022 E	2022 E
	Fund balances at 31August 2023		are represented
	by: Tangible Current	assets assets/(liabilities)		4,817,976 (268,437)	61,995	6,938 3,216	4,824,914 (203,226)	4,795,754 (473,232)	61,995	10,408 5,950	4,806,162 (405,287)
				4,549,539	61,995	10,154	4,621,688	4,322,522	61,995	16,358	4,400,875

2023	2022
E	K
341,849	297,423

21	Cash generated from	operations				2023	2022
	Surplus for the year					220,815	46,497
	Adjustments for: Investment income recognised in statement			offinancial	activities	(5,311)	(298)
	Gain on disposal oftangible fixed assets Depreciation and impairment oftangible		fixed assets			80,701	(33,270) 80,871
	Movements in working	capital:
	Decrease/(increase) in	stocks				2,223	(1,192)
	Decrease/(increase) in	debtors				77,071	(268,760)
	(Decrease)/increase in	creditors				(249,098)	437,126
	Cash generated from	operations				126,401	260,974
22	Analysis ofchanges	in net funds

					2023		2022
							E
Donations and legacies
Donations and gifts					175		50
Investment income
Other interest receivable					5,311		298
Incoming resources from	charitable	activities
Tuition fees				4,711,294		4,231,368
Specialist tuition fees				29,131		23,463
Boarding charges				187,076		150,637
Registration fees				6,244		9,400
Gross school fees					4,933,745		4,414,868
Bursaries and allowances				(855,185)		(809,882)
Income from lunches				149,461		126,869
Income from school bus service				320,034		250,007
Trip income				125,685		96,018
Hire ofschool facilities				300		1,689
Sundry income				17,627		22,607
					(242,078)		(312,692)
Other incoming resources
Gain on disposal oftangible	fixed assets					33,270
Other income - Coronavirus	job retention		scheme			1,253
							34,523
Total incoming resources					4,697,153		4,137,047
Balance Carried Forward					4,697,153		4,137,047

			2023		2022
			E		E
Balance Brought	Forward		4,697,153		4,137,047
Resources ex ended
Charitable activities
Education Costs
Teachers salaries		2,281,289		2,188,970
Books, stationery	and consumables	85,131		62,295
Sundry expenses		43,383		30,191
Cost oftrips		129,665		102,786
			(2,539,468)		(2,384,242)
Catering Costs
Salaries		115,622		108,351
Repairs and renewals		3,792		3,637
Heat and light		3,459		3,058
Food costs		118,319		91,626
			(241,192)		(206,672)
Balance Carried	Forward		1,916,493		1,546,133

							2023		2022
							E
Balance Brought Forward							1,916,493		1,546,133
Boarding, Property	and Transport		Costs
Boarding salaries						153,735		133,924
Property and transport salaries						331,849		259,169
Fixtures and fittings depreciation						44,710		36,850
Motor vehicle depreciation						32,521		40,551
Fixtures and fittings depreciation		-Restricted			fund	3,470		3,470
Repairs and cleaning	expenses					172,356		258,249
Heat and light						117,090		92,035
Rates and insurances						64,953		58,425
Other boarding costs						7,962		6,862
Repairs and cleaning	expenses	- Restricted			fund	2,735
Motor and transport costs						26,733		14,121
School bus service						192,208		146,771
							(1,150,322)		(1,050,427)
Administration and	General Overhead			Costs
Salaries						337,937		310,988
Equipment maintenance and repairs						3,239		1,310
General administration	expenses					31,375		13,565
Postage, stationery, advertising		and telephone				89,487		79,435
Bank charges and interest						7,608		7,274
Staff recruitment costs						12,540		8,318
Subscriptions						11,764		18,943
Bad debts						14,472		(27,812)
							(508,422)		(412,021)
Audit fees						24,454		13,863
Legal and professional						12,482		23,324
							(36,936)		(37,187)
Surplus for the Year	from charitable		activities				220,813		46,498
Surplus for the Year							220,813		46,498