||||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))||| ##