## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2023|2022| |---|---|---|---|---|---|---| |||||Notes|Total|Total| |Income from charitable|activities|||||| |School fees receivable|||||12,922,108|11,406,581| |Other educational
income|||||300,700|354,552| |Other ancillary
trading|income||||130,569|160,328| ||||||13,353,377|11,921,461| |Other trading activities||||||| |Rents and sr,hool lets|||||204,713|202,220| |Investment
income|||||47,323|11,339| |Donations
and other income|||||13,180|18,412| |Total income|||||13,618,593|12,153,432| |Expenditure
on raising|funds|||||| |Fundraising|||||23,775|28,930| |Finance costs|||||43,896|31,993| ||||||67,671|60,923| |Charitable
activities||||||| |Provision of education|and grants||||12,540,158|11,412,392| |Total expenditure|||||12,607,829|11,473,315| |Net (expenditure)/income||for the year|||1,010,764|680,117| |Pension scheme actuarial||adjustments||23|8,000|99,000| |Net movement
in funds|||||1,018,764|779,117| |Fund balances
brought|forward||at 1 August||20,455,8'I4|19,676,697| |General Fund balances|carried||forward at 31July||21,474,578|20,455,814| ## |||||Notes|2023|2022| |---|---|---|---|---|---|---| |Tangible Fixed Assets||||8|20,717,676|20,100,250| |investments||||||| |Investment
in subsidiary||||||| ||||||20,717,678|20,100,252| |Current Assets||||||| |Stocks||||10|37,442|27,880| |Debtors||||12|861,947|577,548| |Cash ai bank and
in|hand||||2,974,644|3,012,675| ||||||3,874,033|3,618,103| |Creditors: current liabilities||payable||13|(2,859,534)|(2,673,765)| |Net current assets|||||1,014,499|944,338| |Total assets less current liabilities|||||21,732,177|21,044,590| |Creditors. long term liabilities|||payable|14|(239,856)|(563,033)| |Net Assets excluding|provisions||||21,492,321|20,481,557| |Pensions
Trust provision||||23|(16,000)|(24,000)| |Total Net Assets|||||21,476,321|20,457,557| |Called up share capital|||||1,743|1,743| |Unrestricted
funds||||||| |General reserve||||17|21,490,578|20,479,814| |Pension reserve|||||(16,000)|(24,000)| |Total Funds|||||21,476,321|20,457,557| ## ||||||Notes|2023|2022| |---|---|---|---|---|---|---|---| |||||||E|6| |Net cash provided
by operating
acbvitles|||||20|1,593,957|1,586,567| |Cash flows in from Investing
activities|||||||| |Interest received||||||47,323|11,339| |Purchase of properly,
plant and equipment||||||(1,327,308)|(1,384,191)| |Proceeds frere the sale of|property,
plant||and|equip ment||9,110|756| |Net cash provided
by/(used|in) investing||acUvities|||1,270,875|1,372,096| |Cash flows from financing|activities||||||| |Repayment
of bank loans||||||(361,112)|(194,444)| |Proceeds from
new bank loans|||||||| |Net cash provided
by/(used|in) financing||acfiivities|||361,112|194,444| |Change
in cash and cash equivalents||in|the|reporting|||| |period||||||(38,031)|20,027| |Cash and cash equivalents|at the beginning|||ofthe|||| |reporting
period||||||3,012,675|2,992,648| |Cash and cash equivalents|at the end|of|the||21|2,974,644|3,012,675| |reporting
pedod|||||||| ## ## ## ## ## ## ## ## ## |Plant and|equipment|-5to 30years| |---|---|---| |Computer|equipment|- 3to 5years| |Furniture,|fixtures
and fittings|-10years| |Motor vehicles||-4 years| |Freehold|buildings|-to to 100years| ## ## ## ## ## ## ## ## ## ## ## ## |2|Fees|||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||2023|2022| ||||||||||||f|| |||Gross|school fees||||||||15,529,299|13,910,307| |||Less; Scholarships,||||bursaries,||grants|and|allowances|~2779 697|~2674 976| ||||||||||||12,749,608|11,235,731| |||Bursaries
and scholarships|||||from external|||bodies|172,500|170,850| ||||||||||||12,922,108|11,406,581| |3|Other|Income||||||||||| ||||||||||||2023
f|2022f| |||Other ancillary||income||||||||| |||Sports|Hall income||||||||24,787|22,093| |||Transport
to/from|||school||||||58,466|55,221| |||Gift aid|from Wrekin|||Trading||Limited|||47,301|31,319| |||School|shop (uniform sales,|||||Old Hall)|||15|51,695| ||||||||||||130,569|160,328| |4|Investment
Income|||||||||||| ||||||||||||2023
f|2022
f| |||interest|received||||||||47,323|11,339| |5|Donations
and Olher|||Income||||||||| ||||||||||||2023
f|2022f| |||Donations
and||grants|||||||13,180|18,412| |6 Analysis of Total|6 Analysis of Total|Expenditure|Expenditure||||2023| |---|---|---|---|---|---|---|---| |||||Staff costs|Other|Depreciation|Total| ||||||costs||| ||||||E|E|E| |Costs of generating||funds|||||| |Fundraising
Development|||Office|20,654|3,121||23,775| |Finance costs|||||43,896||43,896| |||||20,654|47,017||67,671| |Charitable
activities|||||||| |Provision of education|||||||| |Teaching||||5,718,639|843,484||6,562, 123| |Welfare||||680,018|1,096,255||1,776,273| |Premises||||617,067|1,237,608|709,882|2,564,557| |Support costs||||831,329|688,197||1,519,526| |||||7,847,053|3,865,544|709,882|12,422,479| |Grants,
awards|&|prizes|||109,000||109,000| |Governance
costs|||||8,679||8,679| |||||7,847,053|3,983,223|709,882|12,540,158| |Total resources|expended|||7,867,707|4,030,240|709,882|12,607,829| ||||||||2022| |||||Staff costs|Other|Depreclagton|Total| ||||||costs||| ||||||E|E|E| |Costs of generating||funds|||||| |Fundraising
Development|||Office|18,498|10,432||28,930| |Finance costs|||||31,993||31,993| |||||18,498|42,425||60,923| |Charitable
activities|||||||| |Provision of education|||||||| |Teaching||||5,267,089|772,387||6,039,476| |Welfare||||635,463|964,789||1,600,252| |Premises||||519,579|1,157,308|651,222|2,328,109| |Support costs||||682,418|656,601||1,339,019| |||||7,104,549|3,551,085|651,222|11,306,856| |Grants,
awards|&|prizes|||80,000||80,000| |Governance
costs|||||25,536||25,536| |||||7,104,549|3,656,621|651,222|11,412,392| |Total resources|exp|ended||7,123,047|3,699,046|651,222|11,473,315| |7|Net Movement
in Funds forthe year are stated after charging|Net Movement
in Funds forthe year are stated after charging|f (crediting):||| |---|---|---|---|---|---| |||||2023f|2022
f| ||Depreciation|-on owned assets||709,882|651,222| ||Auditors'
remuneration|||14,285|20,225| ||Bank charges|||19,274|9,487| ||Donations|||109,000|80,000| ||Bank interest|receivable||(35,836)|(1,807)| ||Other interest|receivable||(11,487)|(9,532)| ||Operating
Lease payments|||30,232|30,232| |8
Tangible Assets||||||| |---|---|---|---|---|---|---| ||Freehold|Plant &|Computer|Furniture|Motor|Total| ||Property
6|Equipmentf|Equipment
8|&Fixtures
8|Vehiclesf|| |Cost||||||| |1 August 2022|26,114,888|949,894|465,591|1,160,275|248,737|28,939,385| |Additions|502,115|124,761|62,547|593,677|44,208|1,327,308| |Disposals|(5,721)|(31,583)|(29,029)|(80,257)|(51,796)|(198,386)| |31 July 2023|26,611,282|1,043,072|499,109|1,673,695|241,149|30,068,307| |Depreciation||||||| |1 August 2022|6,750,997|716,989|366,222|783,720|221,207|8,839,135| |Charge for Year|467,134|62,795|56,208|109,212|14,533|709,882| |Disposals|(5,721)|(31,583)|(29,029)|(80,257)|(51,796)|(198,386)| |31July 2023|7,212,410|748,201|393,401|812,675|183,944|9,350,631| |Nst Book Value||||||| |31 July 2023|19,398,872|294,871|105,708|861,020|57,206|20,717,676| |31 July 2022|19,363,891|232,905|99,369|376,555|27,531|20,100,250| ## |10|Stocks|||| |---|---|---|---|---| ||||2023|2022| ||||f|f| ||Raw materials|and consumables|31,401|23,133| ||Goods for re-sale||6,041|4,747| ||||37,442|27,880| ## ## ||The following
inform|ation
is|disdos|ed:||| |---|---|---|---|---|---|---| ||||||2023|2022| ||||||6|6| ||Balance of Capital|and Reserves|||2|2| ||Result for the Year||||47,301|35,408| |12|Debtors|||||| ||||||2023|2022| |||||||6| ||Debtors
in respect|of school fees|||558,918|380,200| ||Other debtors||||93,051|33,961| ||Amount
due from Wrekin Trading|||Limited|110,239|33,582| ||Prepayments
and accrued||income||99,739|129,805| ||||||861,947|577,548| |13|Creditors: Amounts|falling|due within one year|||| ||||||2023|2022| |||||||6| ||School fees paid on account||||931,320|1,075,320| ||Trade creditors||||302,646|84,852| ||Other creditors||||381,193|354,504| ||Taxation
and social|security|||149,415|131,501| ||Accruals
and cleferred
income||||761,624|694,252| ||CBIL loan||||333,336|333,336| ||||||2,859,534|2,673,765| ## |reditors:|Amounts
falling due after more than one yea|r|| |---|---|---|---| |||2023|2022
f| |School fees paid on account||96,448|90,813| |Allied Schools pension||32,300|| |CBILloan||111,108|472,220| |||239,856|563,033| |||2023|2022| |||f|f| |Amounts|payable as follows:||| |1 —2 years||219,451|424,149| |2 —5 yearn||20,405|137,784| |||239,856|561,933| ## ## ||||Authonsed||Allotted, called|up| |---|---|---|---|---|---|---| ||||||and fully paid|| ||||2023|2022|2023|2022| |||||8||8| |51|ordinary|shares|5,000|5,000|1,743|1,743| ## |At 1 August 2022|20,455,814| |---|---| |Net movement
in funds|1,018,764| |At 31 July 2023|21,474,578| |General reserve|21,490,578| |Pensions
Trust reserve|(16,000)| |At 31 July 2023|21,474,578| ## ## |Employees
and Employee Costs||| |---|---|---| ||2023|2022| |Wages and salaries|6,317,376|5,817,386| |Social security costs|572,871|502,093| |Other pension costs|968 460|703568| ||7858 707|7023047| |The average
monthly|The average
monthly|number of|number of|employees|of the company|during|the financial year was as follows:|the financial year was as follows:| |---|---|---|---|---|---|---|---|---| ||||||||2023|2022| ||||||||Number|Number| |Teaching
staff|||||||103|103| |Estab)ishment|and|administrative||staff|||132|126| ||||||||235|229| |Staff numbers|are|quoted|on a|headcount|basis.|||| |E60,000|-E70,000| |---|---| |E'70,001|-E80,000| |E80,001|-E90,000| |E90,000|-E'f00,000| |E120,000|- E130,000| |E140,000|- E150,000| |||||2023|2022| |---|---|---|---|---|---| |||||8|| |Net income for the|reporting|period||1,010,764|680,117| |Adjustments
for:|||||| |interest receivable||||(47,323)|(11,339)| |Depreciation
charges||||709,882|651,222| |(Profit)/Loss
on disposal of fixed|||assets|(9,213)|24,255| |(Increase)/Decrease|in stocks|||(9,562)|29,223| |(Increase)/Decrease|in debtors|||(284,399)|(179,985)| |increase
in creditors||||223,808|393,074| |Net cash provided|by operating||activities|1,593,957|1,586,567| |||||Other non-|| |---|---|---|---|---|---| |||At 1 Aug||cash|At 31July| |||2022
6|Cash flow|changesf|2023
6| |Cash at bank and|in hand|3,012,675|(38,031)||2,974,644| |||3,012,675|(38,031)||2,974,644| |CBIL loan repayable||805,556|361,112||444,444| |Net funds||2,207,119|323,081||2,530,200| |Cash at bank and|in hand|3,012,675|(38,031)||2,974,644| |CBIL loan due within one year||(333,336)|361,112|(333,336)|(305,560)| |CBIL loan due after one year||(472,220)||333,336|(138,884)| |Net funds||2,207,119|323,081||2,530,200| ## ||||||||||2023|2022| |---|---|---|---|---|---|---|---|---|---|---| ||||||||||Other|Other| |||||||||||6| |Within|one|year|||||||43,426|38,586| |Later|than|one|year|and|less|than|five|years|54,004|45,667| ||||||||||97,430|84,253| ## ## ## |||||31July 2023|31July 2022|31July 2021| |---|---|---|---|---|---|---| |||||(Es)|(6s)|(1st| |Present|value|of|prevision|13,366|23,361|122,604| ## |Prevision at start af period|Prevision at start af period||||23,361|122,604| |---|---|---|---|---|---|---| |Unwinding
of the|discount factor|(interest|expense)||571|626| |Deficit contribution|paid||||(9,699)|(25,736)| |Remeasurernents|—impact of any|ohange|in assumptions||(267)|(720)| |Remeasurements|-amendments|to the contribution||schedule||(73,413)| |Provision stead ofpsnod|||||13,966|23,361| ## |Interest expense|||571|626| |---|---|---|---|---| |Rem easurem
ants|—irnpact of any change
in assumptions||(267)|(720)| |Rerneasurements|—arnendrnents
to the contribution|schedule||(73,413)| |Cantributions
paid|in respect offuture service'|||| |Casts recognised|in income and expenditure
account|||| ## ## ## ## ## ##