2022-07-31-accounts

Trustees		Alan Southgate
		Sarah Corney
		David Morley
		David Jones
		Gavin Metheringham
Company	Secretary	Mrs M Southgate
Treasurer		Dr. Paul Corney
Company	number	2185224
Charity number		519496
Registered	once	Ebenezer Baptist Church
		Wyndham Street
		Machen
		Caerphilly
		CF83 8PU
Accountants		R H Jeffs &Rowe Limited
		Chartered Accountants
		Pontypridd
		CF37 2HW
Bankers		Lloyds Bank pic
		Market Square
		Pontypridd
Website		http://wyclifchristianschool.	org/

		Page
Trustees report		1-3
Accountants' report
Statement ofFinancial	Activities
Balance sheet		6-7
Cash flow statement
Notes to the financial	statements	9-15

					Notes	Notes		Total	Total
						Unrestricted	Restricted	year to	year to
								31/07/22	31/07/21
Income
Incoming resources		from charitable			activities:
- School Fees						431,708		431,708	365,471
Voluntary income:
—Gifts, donations	and		other income			24,148	18,749	42,897	45,167
Investment income						7		7	50
Total Income						455,863	18,749	474,612	410,688
Expenditure
Charitable activities
- School operating		costs			3	459,736	18,749	478,485	393,703
Total Expenditure						459,736	18,749	478,485	393,703
Movement in total		funds		for the year:
Net Incoming (Outgoing)				resources
before transfers						(3,873)		(3,873)	16,985
Net Incoming (Outgoing)				resources		(3,873)		(3,873)	16,985
Total Funds brought			forward			247,462		247,462	230,477
Total Funds carried			forward			243,589		243,589	247,462

			Company	Registration	number	21S5224
				Balance sheet
				as at 31July 2022
					2022		2021
			Notes
Fixed Assets
Tangible assets						133,851		122,500
Current Assets
Debtors				25,758			16,015
Cash at bank	and in	hand		91,109			117,252
				116,867			133,267
Creditors: amounts		falling
due within	one year			(7,129)			(8,305)
Net Current	assets					109,738		124,962
Total Assets	Less Current
Liabilities						243,589		247,462
Funds
Unrestricted	Funds					243,589		247,462
Restricted Funds
						243,589		247,462

						2022	2021
					Notes
Reconciliation ofoperating	(loss)/profit			to net
cash outflow from operating	activities
Operating (loss)/profit						(3,873)	16,985
Depreciation						5,672	4,911
(Increase) in debtors						(9,743)	(845)
(Decrease) in creditors						(1,176)	1,925
Net cash outflow from operating			activities			(9,120)	22,976
Cash flow statement
Net cash outflow from operating		activities				(9,120)	22,976
Capital expenditure						(17,023)	(19,206)
Decrease in cash in the year						(26,143)	3,770
Reconciliation ofnet cash flow		to	movement		in net debt (Note )
Decrease in cash in the year						(26,143)	3,770
Net funds at 1August 2021						117,252	113,482
Net funds at 31July 2022						91,109	117,252

Net Income				2022	2021
Net Income	is stated after charging:
Depreciation	and other	amounts written offtangible	assets	5,672	4,911
Independent	Examiners'	remuneration		1,320	1,320
Donations,	Gifts 8r. Other Income			2022	2021
Gifts				65,042	26,249
Gift Aid				4,732	2,744
				69,774	28,993

3.	Total Expenditure	Basis of	School	School	Governance	Total	Total
		Allocation	Operating	Costs		year to	year to
						31/07/22	31/07/21
	Costs directly allocated to activities
	Wages and salaries	Direct		357,587		357,587	315,155
	Teaching Materials	Direct		12,250		12,250	10,965
	Books	Direct		15,205		15,205	15,848
				385,042		385,042	341,968
	Support costs allocated to activities
	Rent and maintenance	Direct		36,576		36,576	23,520
	Wages and salaries (Admin)	Direct		9,515		9,515	8,228
	Wages - Pension Contributions	Direct		12,069		12,069	10,949
	Printing, postage k, stationery	Direct		4,112		4,112	1,817
	Telephone	Direct		6,163		6,163	3,347
	Accountancy	Direct			1,320	1,320	1,320
	School Events and Other	Direct		18,016		18,016	(2,357)
	Depreciation	Direct		5,672		5,672	4,911
				92,123	1,320	93,443	51,735
				477,165	1,320	478,485	393,703

Staff Costs		Total	Total
		year to	year to
		31/07/22	31/07/21
Staff costs during the Period	comprised ofthe following:
Staff Salaries and Expenses		334,092	299,332
Social Security Costs		33,010	24,051
Pension Contributions		12,069	10,949
		379,171	334,332

Teachers			30	26
Management	8'c	Administration	1	1
			31	27

				Land and	Property	Fixtures,	Fixtures,
5.	Tangible fixed assets			buildings	Improvements	fittings	and
				freehold		Equipment		Total
	Cost
	At 1 August	2021		59,680	98,626	11,178		169,484
	Additions				16,064		959	17,023
	At 31 July 2022			59,680	114,690	12,137		186,507
	Depreciation
	At 1 August	2021		7, 160	30,115		9,709	46,984
	Charge for the year			597	4,590		485	5,672
	At 31 July 2022			7,757	34,705	10,194		52,656
	Net book values
	At 31 July 2022			51,923	79,985		1,943	133,851
	At 1 August	2021		52,520	68,511		1,469	122,500
6.	Debtors				2022			2021
						K
	Outstanding	Fees				11,152		7,683
	Gift Aid due					14,606		8,332
						25,758		16,015
7.	Creditors: amounts		falling due		2022			2021
	within one	year
	Other taxes and social security costs					2,354		874
	Prepaid Fees					4,775		7,431
						7,129		8,305

				Profit
Reserves				and loss
				account	Total
				K
At 1 August 2021				247,462	247,462
Loss for the year				(3,873)		(3,873)
At 31July 2022				243,589	243,589
Unrestricted/Restricted	Funds
		At	Incoming	Outgoing Transfers		At
		01/08/21	Resources	Resources		31/07/22
Unrestricted Funds
-School Operation		247,462	455,863	(459,736)		243,589
Restricted Funds
-Building Modernisation			18,749	(18,749)
		247,462	474,612	(478,485)		243,589
Analysis ofNet Assets between Funds					Total
				Unrestricted
Tangible Fixed Assets				133,851	133,851
Current Assets				116,867	116,867
Current Liabilities				(7,129)	(7,129)
				243,589	243,589

				2022		2021
Turnover
Fees receivable					431,708		365,471
Donations, GiAs	and Other Income				42,897		45,167
					474,605		410,638
					(334,092)		(299,332)
Gross profit				30%	140,513	27%	111,306
Employer's NI contributions				33,010		24,051
Pension contributions				12,069		10,949
Rent and maintenance				36,577		23,520
Teaching Materials				12,250		10,965
Books				15,205		15,848
Printing, postage	A stationery			4,112		1,817
Telephone				6,163		3,347
School Events and Other				18,016		(2,357)
Depreciation on	freehold	property		597		597
Depreciation on	property	improvements		4,590		3,947
Depreciation on	fixtures	&equipment		485		367
Accountancy				1,320		1,320
					(144,394)		(94,371)
					(3,881)		16,935
Other operating	income
Fees received as	other operating		income
Operating (loss)/profit				1%	(3,880)	4%	16935
Other income and expenses
Interest receivable
Bank deposit interest						50
							50
Net (loss)/profit	for the	year			(3,873)		16,985