| 31,8,23 | 31,822 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | keshtcted | Total | Total | |||
| fimd | Funds | fund | funds | funds | |||
| Notos | 5 | f | |||||
| INCOME AND | |||||||
| ENDOWMENTS FROM | |||||||
| Donations and legaoies |
2 | 1,000 | 1,000 | 2,000 | |||
| Charitable activides |
|||||||
| Educational | 1,010@73 | 107,787 | 1,118,160 | 1,008,773 | |||
| Other trading aotivities |
3 | 10,795 | 10,795 | 5,050 | |||
| investment income |
4 | I | |||||
| Other income | 19,705 | ||||||
| Total | 1,022$168 | 107,787 | 1,129,955 | 1,035,529 | |||
| EXPENDITURE ON | |||||||
| Charitable activities |
6 | ||||||
| Educational | 1,022,854 | 60,612 | 107)787 | 1,19L253 | 1,141,379 | ||
| NKT | |||||||
| INCOME/(EXPENDITURE) | (686) | (60,612) | (61,298) | (105,850) | |||
| Transfer sbettveeu funds |
20 | (13,571) | 13,571 | ||||
| Net movement In funds |
(14/57) | (47,041) | (61898) | (105,850) | |||
| RECONCILIATION | OF | ||||||
| FUNDS | |||||||
| Total funds brought fortvard | (338939) | 1/92,138 | 953,199 | 1,059,049 | |||
| TOTAL FUNDSC~ | |||||||
| FORWARD | (353,196) | 1,245&097 | 891,901 | 953,199 |
| 31.8.23 | 31.8.22 | |||||
|---|---|---|---|---|---|---|
| Unresb2cted | Designated | Restricted | Total | Total | ||
| fond | Punds | ftmd | funds | funds | ||
| Notes | 5 | f. | 6 | |||
| RIXKD ASSETS | ||||||
| Tangible assets | 13 | 1~5,097 | 1,245,097 | 1,292,138 | ||
| CURRENT ASSETS | ||||||
| Debtors | 14 | 83,311 | 83Pll | 74,116 | ||
| Cash at bard6 and in hand | 391 | 391 | 391 | |||
| 83,702 | 83,702 | 74,507 | ||||
| CREDITORS | ||||||
| Amounts falling due within ono |
||||||
| year | 15 | (404,851) | (404,851) | (381,643) | ||
| NET CURRENT | ||||||
| ASSETS/(LIABILITIES) | (321,149) | (321,149) | (307,136) | |||
| TOTAL ASSETSLESS | ||||||
| CURRENT LIABILITIES | (321,149) | 1/45,097 | 923,948 | 985,002 | ||
| CREDITORS | ||||||
| Amounts falling due atter more |
||||||
| than one year | 16 | (32,047) | (32,047) | (31,803) | ||
| NET ASSETS | (353,196) | 1445,097 | 891,901 | 953,199 | ||
| PUNDS | 20 | |||||
| Unrestricted funds: |
||||||
| Goneral fund | (353,196) | (338,939) | ||||
| Property asset f'und |
1/45,097 | 1,292,138 | ||||
| floancti | 891,901 | 953,199 | ||||
| TOTAL liUNDS | 8916t01 | 953,199 |
| 31.823 | 31.822 | ||||
|---|---|---|---|---|---|
| Notes | |||||
| Cash fioivs from | operating | activities | |||
| Cash generated from operations | (41,130) | (20,888) | |||
| Interest paid | (729) | (1,309) | |||
| Net cash used in operating | activities | (41,859) | (22,197) | ||
| Cash flotvs from | investing | activities | |||
| Purchase oftangible flxed assets | (13871) | (37,495) | |||
| Sale oftangible fixed assets | 13/89 | ||||
| Interest received | 1 | ||||
| Net casii ilsed Ili | mvesttng | actlvldies | (382) | (37,494) | |
| Cash flotvs from | flnanclag | activities | |||
| Loan repayments | in year | (8,145) | (9,339) | ||
| Net cash used in | financing | activities | (8,145) | (9,339) | |
| Change in cash | and cash | equivalents | In the | ||
| reporting period |
(50,386) | (69,030) | |||
| Cash and cash equivalents | at the beglnnbig | ||||
| ofthe reporting | period | 2 | (116'93) | (47,363) | |
| Cash and cash equivalents | at the end | ofthe | |||
| reporting period |
2 | (166,779) | (116,393) |
| RECONCILIATION | RECONCILIATION | OF NET EXPENDITURE TO NET CASH PLOW | OF NET EXPENDITURE TO NET CASH PLOW | FROM | OPERATING 31'.23 |
ACT~ 31.8,22 |
|---|---|---|---|---|---|---|
| I | ||||||
| Net expenditure for |
the reporting | period (as per the Statement of | ||||
| Financial Activities) | (61,298) | (105,850) | ||||
| Adjustments for: |
||||||
| Depreciation charges |
60&612 | 74,391 | ||||
| Profit on disposal of | Sxed assets | (13,189) | ||||
| Interest reoeived | (I) | |||||
| Interest paid | 729 | 1,309 | ||||
| Increase in debtors | (9,195) | (5,384) | ||||
| (Decrease)/wereass | in creditors | (18,789) | 14,647 | |||
| Net cash used in operations | (41,130) | (20,888) | ||||
| ANALYSIS OF CASH AND CASH EQUIVALENTS | ||||||
| 31dt23 | 31.8.22 | |||||
| Cash in hand | 107 | 107 | ||||
| Notice deposits Jess | than 3 months) | 284 | 284 | |||
| Dverdrafts included |
in bark loans and overdraits fa5ng due vnthin one year | (16'7,170) | (116,784) | |||
| Total cash and oash | equivalents | (166,779) | (116,393) | |||
| ANALYSIS OFCHANGES IN NET DEBT | ||||||
| At 1.9.22 | Cash flow | At 31,8,23 | ||||
| N'et cash | ||||||
| Cash atbach and in | hand | 391 | 391 | |||
| Bank overdraft | (116,784) | (50@86) | (167870) | |||
| (116,393) | (50,386) | (166,779) | ||||
| Debt | ||||||
| Debts falling due within I year | (9,788) | 8,389 | (1,399) | |||
| Debts falling due after Iyear | (31,803) | (244) | (32&047) | |||
| (41,591) | 8&145 | (33,446) | ||||
| Total | (157&984) | (42841) | (200/25) |
| DONATIONS AND LEGACIES |
||
|---|---|---|
| 31.8.23 | 31,8.22 | |
| Donations | 1,000 | 2,000 |
| OTHER TRADINGA~S | ||
| 31.8.23 | 31.8.22 | |
| I | ||
| Uniform sales | 879 | 611 |
| Hire offaciittles | 2,750 | 2,025 |
| Other income | 7,166 | 2,414 |
| 10,795 | 5,050 |
| 4, | INVESTMENT INCOME | INVESTMENT INCOME | INVESTMENT INCOME | ||||
|---|---|---|---|---|---|---|---|
| 31.8.23 | 31,822 | ||||||
| Deposit account interest |
1 | ||||||
| INCOME FROM | CHARITABLE ACTIVITIES | ||||||
| 31.8.23 | 31.8.22 | ||||||
| Activity | 8 | ||||||
| Gross fees | Educational | 1&146,979 | 1,028,911 | ||||
| Less.'Cornunuuty | awards | Educational | ' (28,819) | (20,138) | |||
| 1,118,160 | 1,008,773 | ||||||
| 6. | CHARITABLE ACTIVITIES | COSTS | |||||
| Direct | Support | ||||||
| Coats (see | costs (see | ||||||
| noto 7) | note 8) | Totals | |||||
| Educational | 1,011)733 | 179,520 | 1,191/53 | ||||
| DIRECT COSTS OP' CHAIHTABLEA~S | |||||||
| 31.8.23 | 31.8.22 | ||||||
| 8 | |||||||
| Staff oosts | 553)946 | 516,320 | |||||
| Rates and water | 13,453 | 15,835 | |||||
| Insurance | 36,470 | 37,326 | |||||
| Light and hest | 36,095 | 25,540 | |||||
| Telephone | 6i302 | 4,754 | |||||
| Postage and | stationery | 6~1 | 7,729 | ||||
| Advertising | 3,680 | 2,465 | |||||
| Sundries | 6,874 | 5,020 | |||||
| Educational | supplies | 99,522 | 80,690 | ||||
| Repairs and | renewals | 104,223 | 95,307 | ||||
| Technology | costs | 30,435 | 36,972 | ||||
| Motor expenses | 17,881 | 16/94 | |||||
| Catering costs | 40,016 | 34,663 | |||||
| Bad debts | 8,472 | (5,971) | |||||
| Depreciation | 60,612 | 74,391 | |||||
| Loss on sale | ofassets | (131189) | |||||
| Ii011,733 | 947,335 |
| Governance | ||||||||
|---|---|---|---|---|---|---|---|---|
| Management | Finance | costs f, |
Totals I |
|||||
| Echeation el | 145)185 | 8&081 | 26,254 | 179420 | ||||
| Support costs, | luoluded | in the abave, aro ss follows: | ||||||
| Management | ||||||||
| 31.8.23 | 31,8,22 | |||||||
| Total | ||||||||
| Educational | actlvltles | |||||||
| 8 | f. | |||||||
| Wages | 123,624 | 122,596 | ||||||
| Social security | 12,681 | 13,720 | ||||||
| Pensions | 8&880 | 10,296 | ||||||
| 145,185 | 146,612 | |||||||
| Finance | ||||||||
| 31.823 | 31,8,22 | |||||||
| Total | ||||||||
| Educational | activities | |||||||
| 8 | ||||||||
| Bauk charges | 7)352 | 9,669 | ||||||
| Bank loan interest | 729 | 1@09 | ||||||
| 8,081 | 10,978 | |||||||
| Governance | costs | |||||||
| 31.823 | 3l.8.22 | |||||||
| Total | ||||||||
| Educational | activities | |||||||
| Auditors' | remuneration | 10/00 | 10,500 | |||||
| Professional | and legal | fees | 15,754 | 25,954 | ||||
| 26&254 | 36,454 |
| 31.8,23 | 31,8,22 | ||
|---|---|---|---|
| f | f. | ||
| Auditors' | remuneration | 10,500 | 10,500 |
| Depreciation - owned assets |
60,612 | 74,391 | |
| Surplus | on disposal offixed assets | (13889) |
| STAFF COSTS | |||||
|---|---|---|---|---|---|
| 31,8.23 | 31.8.22 | ||||
| 8 | |||||
| Wages and salaries | 622)349 | 584,306 | |||
| Social security costs | 46,462 | 45,856 | |||
| Other pension costs | 30,320 | 32,770 | |||
| 699)131 | 662,932 | ||||
| The average monthly | number ofemployees | during | the year was as follows: | ||
| 31,8.23 | 31,8,22 | ||||
| Teachers and assistants | 22 | ||||
| Admiuistration | 4 | 3 | |||
| Domestic | 2 | 4 | |||
| 30 | 29 |
| 12. | COMPARATIVES FORTBESTATEMENT OF FINANCIAL | COMPARATIVES FORTBESTATEMENT OF FINANCIAL | COMPARATIVES FORTBESTATEMENT OF FINANCIAL | COMPARATIVES FORTBESTATEMENT OF FINANCIAL | AC~ | ||
|---|---|---|---|---|---|---|---|
| Umestricted | Designated | Restncted | Total | ||||
| fund | Funds | fund | funds | ||||
| f, | |||||||
| INCOME AND ENDOWMENTS FROM | |||||||
| Donations and legacies |
2,000 | 2,000 | |||||
| Charitable activities |
|||||||
| Hducatlonal | 925,410 | 83,363 | 1,008,773 | ||||
| Other trading activides |
5,050 | 5,050 | |||||
| Investment income |
1 | 1 | |||||
| Other income | 19,705 | 19,705 | |||||
| Total | 952,166 | 83,363 | 1,035,529 | ||||
| EXPENDITURE ON | |||||||
| Charitable activities |
|||||||
| Educational | 983,625 | 74,391 | 83,363 | 1,141,379 | |||
| NET INCOME/(EXPEND | ffURE) | (31,459) | (74,391) | (105,850) | |||
| Transfers between funds |
(37,495) | 37,495 | |||||
| Net movement ln funds |
(68,954) | (36,896) | (105,850) | ||||
| RECONCILIATION | OFFUNDS | ||||||
| Total funds brought forward | (269,985) | 1,329,034 | 1,059,049 | ||||
| TOTAL FUNDS CARRIED FORWARD | (338,939) | 1492,138 | 953,199 |
| TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|
| Freehold | Plant and | Motor | ||
| property | machmery | vehicles | Totals | |
| COST | ||||
| At 1stSeptember 2022 | 2,528,793 | 274,553 | 28,834 | 2,832&180 |
| Additions | 13,571 | 13&571 | ||
| Disposals | (28,488) | (28,488) | ||
| At 31stAugust 2023 | 2,528,793 | 288&124 | 346 | 2&817&263 |
| DEPRECIATION | ||||
| At'1st September 2022 | 1,245,277 | 265&931 | 28,834 | 1,540,042 |
| Charge for year | 54&139 | 6&473 | 60,612 | |
| Eliminated on disposal |
(28,488) | (28,488) | ||
| At 31stAugust 2023 | 1499,416 | 272,404 | 346 | 1,572,166 |
| NKT BOOKVALUE | ||||
| At 31stAugust 2023 | 1,229,377 | 15,710 | 1.~5,097 | |
| At3lstAugust2022 | 1383,516 | 8,622 | 1,292,138 |
| DEBTORS: | AMOUNTS FALLING DUK WITHIN ONK | YEAR | |
|---|---|---|---|
| 31,8,23 | 31,8.22 | ||
| f | |||
| Trade debtors | 45,852 | 27,629 | |
| Other debtors | 119 | 119 | |
| Prepayments | and accrued income | 37&340 | 46,368 |
| 83311 | 74,116 |
| 318,23 | 31.8,22 | ||||
|---|---|---|---|---|---|
| Bank loans and overdrafts | (see note 17) | 1681569 | 126,572 | ||
| Trade creditors | 39,535 | 92,235 | |||
| Social seourity and other taxes | 36402 | 12,527 | |||
| Other creditors | 3,359 | 6,000 | |||
| Accruals and deferred | income | 157&186 | 144,309 | ||
| 404,851 | 381,643 | ||||
| 16. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||
| 31.823 | 31.8,22 | ||||
| f, | |||||
| Bank loans (see note | 17) | 291342 | 29,098 | ||
| Other loans (see note | 17) | 2,705 | 2,705 | ||
| 32,047 | 31,803 | ||||
| 17. | LOANS | ||||
| An analysis ofthe maturity | ofloans is given below: | ||||
| 31.8.23 | 3L822 | ||||
| Amounts falling due |
fthm one year on demand', | ||||
| Bank overdraits | 1671170 | 116,784 | |||
| Bank loans | 1)399 | 9,788 | |||
| 168,569 | 126,572 | ||||
| Amounts falling between |
one and two yeas: | ||||
| Bauk loans - 1-2 years | 10&037 | 10,036 | |||
| Amounts falling due |
between two and Eve years: | ||||
| Bank loans - 2-5 yama | 19,305 | 19,062 | |||
| Amounts falling due |
in more than five years: | ||||
| Repayable otherwise |
than | by instalmengu | |||
| Other loans mom 5yrs non-inst | 2)705 | 2,705 |
| 31,8.23 | 31.8,22 | ||
|---|---|---|---|
| E | |||
| Within oue year | 18,892 | 10,892 | |
| Between one and five years | 37,155 | 42,300 | |
| 56&047 | 53,192 | ||
| SECURED DEBTS | |||
| The following | secured debts are included within creditors: | ||
| 31,8,23 | 31.822 | ||
| E | |||
| Bank overdrafts | 167,170 | 116,784 |
| MOVEMENT | IN FUNDS | ||||
|---|---|---|---|---|---|
| Net | Transfers | ||||
| movement | between | At | |||
| At 1,922 | in funds | funds | 31,8.23 | ||
| E | E | E | |||
| Unrestricted | funds | ||||
| Gccoral fuiul | (338„&t39) | (686) | (13,571) | (353,196) | |
| Property asset | fund | 1,292,138 | (60,612) | 13&571 | 1,245,097 |
| 953,199 | (61)298) | 8a1,901 | |||
| TOTAL FUNDS | 953,199 | (61,29S) | 891,901 |
| Incoming | Resom ces | Movement | ||
|---|---|---|---|---|
| fesoufces | expended | in funds | ||
| E | ||||
| Unrestricted | funds | |||
| General fund | 1&022/68 | (1,022,854) | (686) | |
| Property asset | fund | (60,612) | (60,612) | |
| 1,022,168 | (1,083,466) | (61/98) | ||
| Restricted funds | ||||
| Bducation, Health and Care Plan |
107,787 | (107&787) | ||
| TOTAL FUNDS | 1&129&955 | (1&191453) | (61)298) |
| Comparatlves | for moveme | nt ln funds |
||||
|---|---|---|---|---|---|---|
| Net | Transfers | |||||
| movement | between | |||||
| At 1.9,21 | in funds | funds | 31.8.22 | |||
| Unrestricted funds |
||||||
| General timd | (269,985) | (31,459) | (37,495) | (338,939) | ||
| Property asset |
fund | 1,329,034 | (74,391) | 37,495 | 1,292, 138 | |
| 1,059,049 | (105,850) | 953,199 | ||||
| TOfAL FUNDS | 1,059,049 | (105,850) | 953,199 | |||
| Comparative net movement |
in funds, included | in the above are as follows: | ||||
| Illcoilull g | Resources | Movement | ||||
| rosources | expended | in funds | ||||
| I | ||||||
| Unrestricted | funds | |||||
| General fund Pmperly asset |
fund | 952,166 | (983,625) (74,391) |
(31,459) (74,391) |
||
| 952,166 | (1,058,016) | (105,850) | ||||
| Restricted funds |
||||||
| Education, Health and Care Plan |
83363 | (83,363) | ||||
| TOTAL FUNDS | 1,035429 | (1,141,379) | (105,850) | |||
| A current year 12months | and prior year 12 months combmed position | i.s as follows; | ||||
| Net | Transfem | |||||
| movement | between | At | ||||
| At 1,9.21 | in funds | foods | 31.8.23 | |||
| Unrestricted | funds | |||||
| General lhnd | (269,985) | (32,145) | (51,066) | (353,196) | ||
| Property asset ftmd | 1,329,034 | (135,003) | 51,066 | 1,245,097 | ||
| 1,059,049 | (167,148) | 891,901 | ||||
| TOTAL FUNDS | 1,059,049 | (167,148) | 891,901 |
| Incoming | Roeources | Movomont | ||
|---|---|---|---|---|
| resoumos | expended | in fimds | ||
| Unrestricted | funds | |||
| General fund | 1,974,334 | (2,006,479) | (32,145) | |
| Property asset | fund | (135,003) | (135,003) | |
| 1,974,334 | (2,141,482) | (167,148) | ||
| Restricted funds | ||||
| Education, Health and Caro Plan | 191,150 | (191,150) | ||
| TOTAL FUNDS | 2,165,484 | (2/32,632) | (167,148) |