2022-08-31-accounts - C P S Preston Ltd

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			Page
Report ofthe Trustees			to	8
Report ofthe Independent Auditors		9	to	11
Statement ofFinancial	Activities		12
Balance Sheet			13
Cash Flotv Statement			14
Notes to the Cash Flow	Statement		15
Notes to the Financial	Statements	16	to	26

							31.8.22	31.8.21
			Unrestncted	Destgnated		Restricted	Total	Total
			fund		Funds	fund	funds	funds
		Notes
INCOME AND ENDOWMENTS		FROM
Donations and legacies		2	2,000				2,000	7,360
Charitable activities
Educational			925,410			83,363	1,008,773	933,258
Other trading activities			5,050				5,050	13,568
Investment income			I				I	I
Other income			19,705				19,7115	8 298
Total			952 166			113363	103..29	962,485
EXPENDITURE ON
Charitable activities
Educational			983620		74391	113363	11~1379	1.069,616
NET INCOME/(EXPENDITURE) Transfers between funds		211	(31,459) ~37,495		(74,391) 37,495		(105,850)	(107,131)
Net movement in funds			(68,954)		(36,896)		(105,850)	(107,131)
RECONCILIATION	OF FUNDS
Total funds brought forward			(269,985)	1,329,034			1,059,049	1,166,180
TOTAL FUNDS CARRIED FORWARD			~3389391	I	292 138		953199	I 059049

BALANCE SHEET 31STAUGUST 2022
					31.8.22	31.8.21
		Unrestricted	Designated	Restricted	Total	Total
		fund	Funds	fund	funds	funds
	Notes		6
FIXEDASSETS
Tangible assets	13		1,292,138		1,292,138	1,329,034
CURRENT ASSETS
Debtors	14	74,116			74,116	68,732
Cash at bank and in hand		391			391	339
		74,507			74,507	69,071
CREDITORS
Amounts falling due within one year	15	(381,643)			(381,643)	(297,688)
NET CURRENT ASSETS/(LIABILITIES)		~307,1367			~307,1367	~228,6177
TOTAL ASSETSLESS
CURRENT LIABILITIES		(307,136)	1,292,138		985,002	1,100,417
CREDITORS
Amounts fallmg due after more than
one year	16	(31,803)			(31,803)	(41,368)
NET ASSETS		~3309397	I 292 138		953199	1059049
FUNDS	20
Unrestricted funds.
General fund					(338,939)	(269,985)
Property asset fund					I 292 1311	1,329 034
					953,199	1,059,049
TOTAL FUNDS					953 199	I 059049

					31.8.22	31.8.21
				Notes
Cash flows from operating		activities
Cash generated from operations Interest paid					(20,888) ~1,309	33,503
Net cash (used in)/provided		by operating	activities		22,197	33,503
Cash flows from investing		activities
Purchase oftangible fixed	assets				(37,495)	(6,061)
Sale oftangible fixed assets						190
interest received						I
Net cash used m mvesting	activities				37,494	~5870)
Cash flows from financing Loan repayments in year Net cash used in financing		activities activities			~9339 9,339	~1775)
Change in cash and cash	equivalents		in the
reporting period					(69,030)	25,858
Cash and cash equivalents the reporting period		at the beginning		of	~47363	~73,221)
Cash and cash equivalents reporting period		at the end	ofthe		116393	~47 363)

							31.8.22	31.8.21
Net expenditure for the	reporting		period (as	per the Statement	ofFinancial
Activities)							(105,850)	(107,131)
Adjustments for:
Depreciation charges							74,391	87,859
Profit on dtsposal oflixed assets								(190)
Interest received							(1)	(1)
interest paid							1,309
increase in debtors Increase in creditors							(5,384) ~14647	(8,564) 61 530
Net cash (used in)/provided		by operations					~20888)	33.503
ANALYSIS OF CASH	AND	CASH EQUIVALENTS
							31.8.22	31 8.21
Cash in hand							107	55
Notice deposits (less than 3 months) Overdrafts mcluded in bank loans and overdrafts Total cash and cash equivalents				fallmg due within	one year		284 ~116784 ~116393)	284 ~47 702) ~47 363)
ANALYSIS OF CHANGES		IN NET DEBT
					At	1.9.21	Cash flow	At 31.8.22
Net cash
Cash at bank and in hand						339	52	391
Bank overdraft						~47 702)	~69082)	~116784)
						~47363)	~69030)	(116,393)
Debt
Debts falhng due within Debts falling due after 1	1 year year					(9,562) ~41 368)	(226) ~9565	(9,788) ~3( 803
						~50930)	~9339	~41591)
Total						~98293)	~59691)	(157984)

DONATI	ONS AND LEGACIES
		31.8.22	31 8.21
Oifis			6,360
Donations		2,000	1,000
		~2000	~7360
OTHER	TRADING ACTIVITIES
		31.8.22	31.8.21
Uniform	sales	611	1,171
Hire offacilities		2,025	2,770
Other income		2,414	9,627
		~5050	~13568

4.	INVESTMENT	INVESTMENT	INCOME
						31.8.22	31.8.21
	Deposit account		interest			I	I
	INCOME FROM CHARITABLE ACTIVITIES
						31812	31 8 21
				Activity
	Gross fees Less: Community		awards	Educational Educational		1,028,911 ~281371	976,681 ~4'l4233
						1 8118773	933258
6.	CHARITABLE		ACTIVITIES COSTS
					Direct	Support
					Costs (see	costs (see
					not- 7)	note 8)	Totals
	Educational				947335	194444	1141379
	DIRECT COSTS OF CHARITABLE ACTIVITIES
						31.8.22	31.8.21
	Staff costs					516,320	553,351
	Rates and water					15,835	13.014
	Insurance					37,326	28,669
	Light and heat					25,540	35,071
	Telephone					4,754	6,407
	Postage and	stationery				7,729	6,982
	Advertising					2,465	8,209
	Sundnes					5,020	6,686
	Educational	supplies				90,760	69,481
	Repairs and	renewals				95,307	34,743
	Technology	costs				36,972	21,056
	Motor expenses					40,887	32.642
	Bad debts Depreciation					(5,971) ~74391	812 87 S59
						~947335	904982

SUPPORT	COSTS
					Governance
			Managcmcnt	Finance	costs	Totals
Educational			~146612	~10978	~36454	~194044
Support costs, included		in the above, are as follows:
Management
					31.8.22	31 8.21
						Total
					Educational	activities
Wages					122,596	124,056
Social secunty Pensions					13,720 10,296	9,134 ~8383
					~146612	~141573
Finance
					31.8.22	31.8.2 1
						Total
					Educational	activities
Bank charges					9,669	1,273
Bank loan interest					1,309 10978	~1273
Governance	costs
					31.8.22	31.8.21
						Total
					Educational	activities
						I
Auditors' rcmuncration					10,500	18,913
Professional	and legal	fees			25,954	2,875
					36454	21 788

		31.8.22	31.8.21
Auditors'	remuneration	10,500	18,913
Depreciation —owned assets Surplus on disposal offixed assets		74,391	87,859 ~)90)

STAFF COSTS
						31.8.22	31.8.21
Wages and salanes						584,306	615,727
Social security costs Other pension costs						45,856 ~32770	51,331 27 866
						~662 932	694924
The average monthly	number ofetnployees		during	the year was	as follows:
						31.8.22	31.8.21
Teachers and asststants						22	23
Administration						3	2
Domestic						4	6
						29	31
The number ofemployees		whose employee	benefits	(excluding	employer	pension costs) exceeded 860,000 was:
						31.8.22	31 8.2l
I60,001 —870,000						1	1

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestricted	Designated	Restricted	Total
		fund	Funds	fund	funds
INCOME AND ENDOWMENTS FROM
Donations and legacies		7,360			7,360
1'heritable activities
Educational		871,510		61„748	933,258
Other trading activities		13,568			13,568
Investment income		1			1
Other income		8,298			8,2)8
Total		900,737		61,748	962,485
EXPENDITURE ON
Charitable activities
Educational		92tl 009	87 859	51,748	I tl69610
NKT INCOME/(EXPENDITURE) Transfers between funds Net movement in funds		(19,272) ~6,061) (25,333)	(87,859) 6,061 (81,798)		(107,131) (107,131)
RECONCILIATION	OF FUNDS
Total funds brought forward		(244,652)	1,410,832		1,166,180
TOTAL FUNDS CARRIED FORWARD		~269 9R5)	I 329 tl)4		I 059 049
TANGIBLE FIXEDASSETS
		Freehold	Plant and	Motor
		property	machinery	veh«;les	Totals
COST
At 1st September 2021		2,497,583	268,268	28,834	2,794,685
Additions		31,210	6,285		37495
At 31st August 2022		2,028793	2745.3	2111134	2832,1811
DEPRECIATION
At 1st September 2021		1,185,342	251,475	28,834	1,465,651
Charge for year		59,935	14,456		74,391
At 31st August 2022		1245277	265,9.1	28834	1540042
NET BOOK VALUE
At 31st August 2022		I 2113516	11622		I 292 138
At 31st August 2021		131(241	16793		I 329034

DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
		31.8.22	31.8.21
Trade debtors		27,629	27,706
Other debtors		119	119
Prepayments and accrued	mcome	~46368	40 907
		~74 116	68 732
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		31.8.22	31 8.21
Bank loans and overdrafts	(see note 17)	126,572	57,264
Trade creditors		92,235	32,021
Social secunty and other taxes		12,527	17,327
Other creditors		6,000	6,240
Accruals and deferred mcome		144,309	184,836
		381643	297 688
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
		31.8.22	31.8.21
Bank loans (see note 17)		29,098	38,663
Other Iuans (see note 17)		2,705	2,705
		31803	41 368
LOANS
An analysis ofthc maturity ofloans is given below:
		31.8.22	31.8.21
Amounts falling due withtn one year on demand:
Bank overdrafts		116,784	47,702
Bank loans		9,788	9,562
		~126572	57 264
Amounts falling between Bank loans — 1-2 years	one and two years:	~10036	9 788

LOANS - continued
	31.8.22	31.8.2 I
Amounts falling due between two and five years: Bank loans —2-5 years	~19062	28 875
Amounts falling due in more than five years;
Repayable otherwise than by instalments:
Other loans more 5yrs non-inst	2705	2 705

			31.8.22	31.8.21
Within one year			10,892	5,054
Bctwccn onc and fivc years			~42 300	11.473
			53 192	16527
SECURED DEBTS
The following secured debts are included	within	creditors:
			31.8.22	31.8.21
Bank overdraft			~116784

MOVEM	ENT	IN FUNDS
						Net	Transfers
						mOvcmcnt	hctwccn	At
					At 1.9.21	in funds	funds	31.8.22
Unrestricted		funds
General Property	fund asset	fund			(269,985) I 329 U34 I 0591149	(31,459) ~74391 ~105850)	(37,495) 37 495	(338,939) I 292 13)l 953 199
TOTAL	FUNDS				I 059 049	105850		943 199
Net movement		in h)nds, included		in the above	are as follows:
						Incoming	Rcsourccs	Movcmcnt
						resources	expended	in funds
Unrestricted		funds
General Property	fund asset	fund				952,166	(983,625) ~74391)	(31,459) ~74391
						952,166	(1,058,016)	(105,850)
Restricted funds
Education, Health and Care Plan						83,363	(83,363)
TOTAL	FUNDS					103 529	~1141379)	tll)5,8 U)
Comparatives		for movement	in	funds
						Net	Transfers
						movement	hetween	At
					At 1.9.20	in funds	funds	31.8.21
Unrestricted		funds
General Property TOTAL	fund asset fund FUNDS				(244,652) 1410832 )366,180 I 166 IUtl	(19,272) ~87,859 ~)07,)3)) ~)07 )3)	(6,061) 6,061	(269,985) 1,329„034 1,059,049 I 059.049

								Incoming		Resources	Movement
								resources		expended	in funds
Unrestricted		funds
General Property	fund asset	fund						900,737	(920,009) (19,272) ~87.859) ~87,859)
								900,737		(1,007,868)	(107,131)
Restricted funds
Education, Health			and Care Plan					61,748		(61,748)
TOTAL	FUNDS							962~85	~)0699)f) ~)071
A current	year	12 months		and prior year 12months	combined	position	is as	follow5:
								Net		Transfers
								movement		between	At
					At 1.9.20			in funds		funds	31.8.22
Unrestricted		funds
General Property TOTAL	fund asset fund FUNDS				(244,652) 1610832 1566,180 I 166 IRtl		(50,731) ~)62,250 ~212981) ~212981			(43,556) 43,556	(338,939) 1,292„138 953,199 953 199
A current	year	12 months		and prior year 12 months	combined	net movement		in funds, included		in the above are as follows:
								Incoming		Rcsoulccs	Movcmcnt
								resources		expended	in funds
Unrestricted		funds
General Property	fund asset	fund						1,852,903	(1,903,634) (50,731) ~162, 5tl) ~)62,250)
								1,852,903		(2,065,884)	(212,981)
Restricted funds
Education, Health			and Care Plan					145,111		(145,111)
TOTAL	FUNDS							1998tll~	~22)0995) ~21298))