## ## |||Page|| |---|---|---|---| |Reference and Administrative
Details|||| |Report ofthe Trustees|2|to|7| |Report ofthe Independent
Auditors|8|to|10| |Statement ofFinancial
Activities|||| |Balance Sheet||12|| |Cash Flow Statement||13|| |Notes to the Cash Flow Statement||14|| |Notes to the Financial Statements|15|to|28| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |for|eYea|r Ea ed31 3|||| |---|---|---|---|---|---| |||||2022|2021| |||Unrestricted|Restricted|Total|Total| |||funds|fund|funds|funds| |INCOME AND ENDOWMENTS FROM|Notes|||k|| |Donations
and legacies|3|104,485||104,485|75,064| |Charitable
activities|||||| |Charity's
educational
operations||4,243,968||4,243,968|3714928| |Other trading
activities
Investment
income|4
5|24)636
8,818||24,636
8 188|16,404
184| |Total||~,381987||~381
L7|3,806,580| |EXPENDITURE ON|||||| |Charitable
activities|||||| |Charity's
educational
operations||4 184,497|1,992|4,156,489|3,628 050| |NET INCOME/(EXPENDITURE)||227,410|(1,992)|225,418|178,530| |RECONCILIATION
OF FUNDS|||||| |Total funds brought
forward||2,660,312|1,992|2,662,304|2,483,774| |TOTAL FUNDS CARRIED FORWARD||~288~7722||2 887722|2,662 '04| ## ## ||||||2022|2021| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted|Total|Total| ||||funds|fund|funds|funds| |||Notes||||| |FIXEDASSETS||||||| |Tangible
assets
Investments||14
15|4,423,096
100,719||4,423,096
100,719|4,463,362
100,718| ||||4,523,815||4,523,815|4,564,080| |CURRENT ASSETS||||||| |Stocks||16|449||449|715| |Debtors
Cash at bank and in hand||17|1,214,430
430423||1,214,430
4307423|1,158,810
302,018| ||||1,645,302||1,645,302|1,461,543| |CREDITORS||||||| |Amounts
falling|due withht one year|18|(1,837,162)||(1,837,162)|(1,789,471)| |NET CURRENT ASSETS|||~190860||~291,8601|~327924| |TOTAL ASSETSLESSCURRENT||||||| |LIABILITIES|||4,331,955||4,331&955|4,236,152| |CREDITORS||||||| |Amounts
falling|due after more than one year|19|(1,444,233)||(1,444,233)|(1,573,848)| |NET ASSETS|||2,887722||~1887722|2 666304| |FUNDS||23||||| |Unrestricted
funds
Restricted funds|||||21887,722|2,660,312
1,992| |TOTAL FUNDS|||||2,887,722|2,662,304| ## |||||T
8|T
8|ILhni|||| |---|---|---|---|---|---|---|---|---|---| |||||~C~HowS||i~tent|||| |||||for the|r Ended|Jut|2||| |||||||||2022|2021| |||||Notes|||||| |Cash flows from operating||activities|||||||| |Cash generated
from operations
Interest paid||||||||474,238
~63 122|325,858
~54306| |Net cash provided
by operating
activities||||||||~411116|271 552| |Cash flows from investing||activities|||||||| |Purchase oftangible fixed assets
Purchase offixed asset investments
Interest received||||||||(156,929)
(I)
~8818|(551,650)
(202)
184| |Net cash used in investing|activities||||||||551668| |Cash flows from financing||activities|||||||| |New loans in year
Loan repayments
in year
Capital repayments
in year||||||||(128,040)
~659|250,000
(24,247)
~II.7i2| |Net cash (used in)/provided||by financing||activities||||99|214041| |Change
in cash and cash equivalents|||in||||||| |the reporting
period
Cash and cash equivalents||at the||||||128,405|(66,075)| |beginning ofthe reporting||period||||||~302 018|368093| |Cash and cash equivalents||at the end|of||||||| |the reporting
period||||||||430,423|302018| ## ## ## |ACTIVITIES||||||| |---|---|---|---|---|---|---| ||||||2022|2021| |Net income for the|reporting|||period (as per the Statement ofFinancial||| |Activities)
Adjustments
for:|||||225,418|178,530| |Depreciation
charges
Interest received
Interest paid
Decrease in stocks|||||197,195
(8,818)
63,122
266|67,403
(184)
54,306
150| |Increase in debtors
Increase in creditors|||||(55,620)
52,675|(96,353)
~122006| |Net cash provided|by|operations|||~474 238|325 858| |ANALYSIS OF CHANGES||||IN NET DEBT||| |||||At 1.8.21|Cash flow|At31.7.22| |Net cash|||||8|8| |Cash at bank and in|hand|||~302 018|128,405|430,423| |||||302,018|128,405|43D323| |Debt||||||| |Finance leases
Debts falling due within
Debts falling due after||1|1 year
year|(6,559)
(133,686)
(1~573848|6,559
(1,575)
~129615|(135,261)
(1~444)233| |||||(1~714,093|134,599|(1~579)494| |Total||||(1~412,075|263,004|(1~149,071| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||'de
h|Sc
LI|ited||| |---|---|---|---|---|---|---|---|---|---|---| |||||Notes|to|' auclul|State|-continued||| ||||||for|the Year Ended 313 I||2022||| ||DONATIONS|AND LEGACIES||||||||| ||||||||||2022f|2021| ||Donations||||||||99,485|23,155| ||Coronavirus
Job Retention
Grants||Scheme||||||~5000|51,909| ||||||||||ID0485|75,064| ||Grants received,|included|in|the above,||are as follows:||||| ||||||||||2022|2021| |||||||||||f| ||Apprentice
Grant||||||||~5000|| |4.|OTHER TRADING ACTIVITIES|||||||||| ||||||||||2022f|2021| ||Facility lettings||||||||14,709|972| ||Commissions||||||||496|737| ||Fundraising||||||||~9431|14,695| ||||||||||24,636|16,404| |5.|INVESTMENT|INCOME||||||||| ||||||||||2022|2021f| ||Deposit account|interest|||||||~8818|184| ||INCOME FROM CHARITABLE||||ACTIVITIES|||||| |||||Activity|||||2022f|2021
f.| ||Tuition fees|||Charity's||educational|operations||3,799)864|3,573,325| ||Catering|||Charity's||educational|operations||256,557|| ||Examinations|||Charity's||educational|operations||51,197|36,990| ||Transport/locker|charges||Charity's||educational|operations||125,409|82,345| ||Holiday/Alter
school care
Uniform
sales/IT Maintenance|||Charity's
Charity's||educational
educational|operations
operations||6,419
4522|22,303
~35)| ||||||||||4243,968|3,724,928| ## ## ## |7.|CHARITABL|E AC||TIVITIES COSTS|||| |---|---|---|---|---|---|---|---| ||||||Direct|Support|| ||||||Costs (see|costs (see|| ||||||note 8)|note 9)|Totals| ||Charity's
educational|||operations|~2569 19|1,586,670|~4156,489| |8,|DIRECT COSTS OF CHARITABLE ACTIVITIES||||||| |||||||2022|2021| ||Staffcosts
Travel and trips
Educational
supplies|||||2,262,068
147,218
135,511|2,203,563
130,889
122,617| ||Agency costs|||||25,022|1,194| |||||||2,569,819|~2,458 63| |9.|SUPPORT COSTS||||||| |||||||Governance|| ||||||Management|costs|Totals| ||Charity's
educational||operations||~1420852|65818|I 586 670| ||Support costs,|included||in the above, are as follows:|||| ||Management||||||| |||||||2022|2021| |||||||Charity's|| |||||||educational|Total| |||||||operations|activities| ||Support staff costs
Welfare costs
Premises costs
Administration
costs
Grants awarded to pupils
Finance costs
Depreciation|||||476,276
140,615
351,214
131,950
132,357
73,807
197,195|389,408
8,841
292,892
122,738
168,446
62,421
67,403| ||Agency costs|||||17,438|| |||||||~2525,552|~2,112149| ## ## ## |
Governance
costs|||| |---|---|---|---| |||2022|2021| |||Charity's|| |||educational|Total| |Wages
Audit & accountancy
Other governance
costs
Legal Ecprofessional
fees
School inspection||operations
K
31,761
9,119
216
21,286
~3436|activities
f
30,532
8,664
220
14,776
~3446| |||65,818|~57 638| |NET INCOME/(EXPENDITURE)|||| |||2022|2021| |Net expenditure
for the period|includes:-|8|| |Operating
leases
—plant and machinery
Depreciation
—on owned assets||23,833
190,848|18,810
56,072| |Fees payable to auditor - audit|- on hire purchase
other services|6,347
8,118
1,001|11,331
7,680
984| ## ## ## ## ||2022|2021| |---|---|---| |Wages and salaries
Social security costs
Pension contributions|g
2,251,020
199,930
364,276|2,114,914
173,025
369219| |Total staff costs|~2815226|2,657 158| ## ## ||||||2022|2021| |---|---|---|---|---|---|---| ||Key management
personnel||||8|7| ||Teaching staff - Full time||||24|31| ||Teaching staff - Part time||||15|12| ||Teaching
support staff||||20|16| ||Administration||||9|8| ||Other||||18|11| ||||||94|85| ||The number ofemployees|whose employee benefits (excluding||employer
pension|costs) exceeded|f60,000 was:| ||680,001 —I90,000||||2022
I|2021
1| |13.|COMPARATIVES FOR|THE STATEMENT OF FINANCIAL ACTIVITIES||||| |||||Unrestricted|Restricted|Total| |||||funds|fund|funds| |||||g||8| ||INCOME AND ENDOWMENTS||FROM|||| ||Donations
and legacies|||75,064||75,064| ||Charitable
activities|||||| ||Charity's
educational
operations|||3,714,928||3,714,928| ||Other trading activities|||16,404.||16,404| ||Investment
income|||184||184| ||Total|||3 806 380||~3806580| ||EXPENDITURE ON|||||| ||Charitable
activities|||||| ||Charity's
educational
operations|||3,626,050|2,000|3,628,050| ||NET INCOME/(EXPENDITURE)|||180,530|(2,000)|178,530| ||RECONCILIATION
OF|FUNDS||||| ||Total funds brought
forward|||2,479,782|3,992|2,483,774| ||TOTAL FUNDS CARRIED FORWARD|||~2660222|1,992|2,662,304| ## |||seaside||bool Lbutt|ad|||| |---|---|---|---|---|---|---|---|---| |||Notes t
e|hone|temeu|-c|' aed||| |||r tbe Year||31Ju|2|||| |14.|TANGIBLE FIXED|ASSETS||||||| |||||Assets||Furniture||| |||Land and||under||and|Motor|| |||buildings||construction|equipment||vehicles|Totals| |||||f.||||| ||COST|||||||| ||At I August 2021
Additions
Disposals
Reclassification|4,141,337
260,795||428,848
90,141
~54
909|1,251,773
34,628
250 194||107,642
32,160
(10,575)|5,929,600
156,929
(10,575)| ||At 31July 2022|~402 132|||1|544,590|159,227|6075,954| ||DEPRECIATION|||||||| ||At 1 August 2021
Charge for year
Eliminated
on disposal|225,208
130,445|||1,151,066
52,482||89,964
14,268
~20575|1,466,238
197,195
~20,5751| ||At 31July 2022|355653||-|~303'u40||93657|1,652,858| ||NET BOOK VALUE|||||||| ||At 31July 2022|||||||| ||At 31July 2021|3,916,129||428,848||100,707|17,678|4,463,362| ## ## ## |||||Cash and| |---|---|---|---|---| |||||settlements| |||||pending| ||MARKET VALUE|||| ||At 1 August 2021
Additions|||100,718
I| ||At 31July 2022|||~1007l9| ||NET BOOK VALUE|||| ||At 31July 2022|||~100719| ||At 31July 2021|||100,718| ||There were no investment|assets outside the UK.||| ||The increase in value off.I (2021:5202) relates to interest received.|||| |16.|STOCKS|||| ||||2022|2021| ||Stocks||449|715| |17.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR||| ||||2022|2021| ||Trade debtors
Other debtors
Prepayments
and accrued|income|1,151,646
14,104
48,680|1,091,680
17,335
49,795| ||||1,214,430|1,1588i0| |18.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||| ||||2022|2021| ||Bank loans and overdraits
(see note 20)
Hire purchase
(see note 21)
Trade creditors
Social security
and other taxes
Other creditors
Accruals &deferred income||8
135,261
48,419
62,031
68,693
1&2258|6
133,686
6,559
91,715
45,676
55,535
1,456300| ||||~183~7162|~)789,471| |2022|2021| |---|---| |1,280685|1,216409| ## ## ## |19.|CREDITORS: A|MOUNTS FALLING DUE AFTER|MORE THAN ONE YEAR|| |---|---|---|---|---| ||||2022|2021| ||||f6|| ||Bank loans (see note 20)||~4444 333|I 573 848| |20.|LOANS|||| ||||2022|2021| ||||6|E| ||Amounts
repayable|by instalments:||| ||In one year or less
In over one to five
In over five years|years|135,261
579,276
464 957|133,686
611,969
964 II79| ||||1,579,494|1,707,534| ## |||Hire purchase|contracts| |---|---|---|---| |||2022|2021| |||8|6| |Net obligations|repayable:||| |Within one year|||6,559| |||Non-cancellable|| |||operating|leases| |||2022|2021| |Within one year
Between one and five years||20,582
6,651|15,474
19357| |||~27 233|34831| ## ## ||||20ZZ|2021| |---|---|---|---|---| |Bank
Hire|loans
purchase|contracts|1,579,494|1,707,534
6559| ||||1,579,494|1,714,093| ## ## ||||Net|| |---|---|---|---|---| ||||movement|At| |||At 1.8.21|in funds|31.7.22| |Unrestricted
funds||||| |General fund||2,660,312|227,410|2,887)722| |Restricted
funds||||| |Hurworth
House Bursary||1,992|(1,992)|| |TOTAL FUNDS||~2,662|225,418|~2,887722| |Net movement
in funds, included|in the above are as follows:|||| |||Incoming|Resources|Movement| |||resources|expended|in funds| |Unrestricted
funds||g||| |General fund||4,381,907|(4,154,497)|227,410| |Restricted funds||||| |Hurworth
House Bursary|||(1,992)|(1,992)| |TOTAL FUNDS||~481
7|I'4,15t5~489|225,418| ## ## ## ## ## |||||Net|| |---|---|---|---|---|---| |||||movement|At| ||||At 1.8.20|in funds|31.7.21| |Unrestricted
funds|||||f| |General
fund
Designated
Fund|- Foundation||2,365,510
114,272|162,735
17795|2,528,245
132,067| |Restricted
funds|||2,479,782|180,530|2,660,312| |Hurworth
House|Bursary||3,992|(2,000)|1,992| |TOTAL FUNDS|||~2483,774|178,530|2,662,304| |Comparative
net movement||in funds, htcluded|in the above are as follows:||| ||||Incoming|Resources|Movement| ||||resources|expended|in funds| |Unrestricted
funds|||||| |General
fund
Designated
Fund|—Foundation||3,788,785
17,795|(3,626,050)|162,735
17,795| |Restricted
funds|||3,806,580|(3,626,050)|180,530| |Hurworth
House Bursary||||(2,000)|(2,000)| |TOTAL FUNDS|||~3806,580|~3628 050)|178,530| ## ## ## ## ## ## ##