## ## |Trustees' report and|statement|oftrustees|responsibilities|1-6| |---|---|---|---|---| |Independent
auditors'|report|||7-9| |Statement offinancial|activities|||10| |Balance sheet||||| |Cash flow statement||||12| |Notes to the financial|statements|||13-25| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||Note|Unrestricted|Restricted|Endowment|2022Total|2021Total| |---|---|---|---|---|---|---| |Income and endowments|from:|E||||E| |Charitable
activities
Investments|4
3|8,202,987
1,192|122,156||8,325,143
1,192|6,998,008
9,497| |Total income||8,204,179|122,156||8,326,335|7,007,505| |Expenditure
on:||||||| |Charitable
activities:||||||| |Salaries
Establishment
costs
Education
ik welfare|14
5
6|5,251,478
816,803
1,046,696|83,780||5~251 l78
816,803
1,130,476|4~471 852
591,560
874,924| |Support and governance|costs:|7,114,977|83,780||7,198,757|5,938I336| |Interest payable - pension
Depreciation
Professional
fees
Clerk charges
ik subscriptions
Auditor
remuneration
Actuary fees||70,000
153,456
10,242
13,868
11,340
426|3,919||70,000
157,375
10,242
13,868
11,340
426|50,000
117,724
13,454
9,381
11,820
786| |Total expenditure||7,374,309|87,699||7,462,008|6,141,501| |Net income before||||||| |investment
gains/(losses)||829,870|34,457||864,327|866,004| |Net gains/(losses)
on investments||1,687||5,660|7,347|10,261| |Net income/(expenditure)
Transfers
between
funds|2|831,557|34,457|5,660|871,674|876,265| |Actuarial
gain/(loss)
on defined||||||| |benefit pension scheme||2,770,000|||2,770,000|(1,270,000)| |Net movement
in funds||3,601,557|34,457|5,660|3,641,674|(393,735)| |Reconciliation offunds:||||||| |Total funds brought
forward||3,030,879|159,438|713,224|3I903,541|4,297I276| |Total funds carried forward|12|6,632,436|193,895|718,884|7545i215|3 903 541| ## ## |||||Note||2022||2021| |---|---|---|---|---|---|---|---|---| |||||||||E| |Fixed assets||||||||| |Land &buildings
Furniture 5equipment
Investments||||||5,271,858
66,719
344,530||3,930,067
85,698
55,979| |||||||5,683,107||4,071,744| |Current assets||||||||| |Stocks
Debtors
Cash at bank and in hand||||10|54,393
288,276
3,083,767||53,974
1,100,572
2,669,014|| ||||||3,426,436||3,823,560|| |Liabilities||||||||| |Creditors falling due within one||year||11|(564,328)||(361,763)|| |Net current assets||||||2,862,108||3,461,797| |Net assets before pension liability||||||8,542,775||7,533,541| |Defined benefit pension|scheme|liability||15||(1,000,000)||(3,630,000)| |Total net assets||||||7,545,215||3,903,541| |The funds ofthe charity:||||||||| |Endowment
funds
Restricted income funds
Unrestricted
income funds:||||||718,884
193,895||713,224
159,438| |Unrestricted
funds
Pension reserve
School Improvement|Plan designated||fund|15||7,332,030
(1,000,000)
300,406||6,425,971
(3,630,000)
234,908| |Total charity funds||||12||7I545,215||3,903,541| ## ## ||STATEMENT OF CASH FLOWS|STATEMENT OF CASH FLOWS|STATEMENT OF CASH FLOWS|| |---|---|---|---|---| |for|the year ended 31March 2022|||| |Reconciliation
ofnet income/(expenditure)
cash flow from operating
activities||to net|2022
E|2021
E| |Net income for the year (as per the||||| |statement offinancial
acbvlties)
Add back depreciation
charge
Deduct interest income shown
in investing
Net (galns) on investments
(Increase)/decrease
in stocks
Decrease/(increase)
in debtors
Increase
in creditors
FR5102 pension
adjustment|activities||871,674
157,375
(1,192)
(7,347)
(419)
812,296
202,564
140,000|876,265
117,724
(9,497)
(10,261)
1,935
(469,763)
88,702
(50,000)| |Net cash provided
by operating
activities|||2,174,951|545,105| |Cash flows from invesdng
activities:||||| |Interest and dividends
Purchase of property,
plant and equipment
Purchase of listed investments
Proceeds on sale of listed investments|||1,192
(1I480,187)
(300,130)
18,927|9,497
(477,222)| |Net cash used in investing
activities|||(1,760,198)|(467,725)| |Change
in cash and cash equivalents|in the|year|414,753|77,380| |Cash and cash equivalents
brought
forward|||2,669,014|2,591,634| |Cash and cash equivalents
carried forward|||3,083,767|2,669,014| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||forth|e|year en|ded 31March 202|2|| |---|---|---|---|---|---|---| |4|Income from charitable acdvities||||2022
E|2021f| ||Fees: Standard
:Additional
services
:Off roll/off site provisions
:EFSA funding
grant
Other grants
Other generated
income||||5,194,074
1,526,006
578,000
488,871
485,650
52,542|4,597,463
1,119,060
356,565
530,841
377,727
16,352| ||||||8,325,143|6,998,008| ||Grants comprise
mainly of ESFA funding||towards|education.||| |5|Establishment
costs||||2022|2021| ||Cleaning
Maintenance
and security
Heat and light
Water
Insurance
Office costs
Professional
fees
Boothroyd
House||||119,112
377,558
90,224
23,497
73,790
96,312
35,107
1,203|113,086
214,585
73,545
20,455
65,026
71,646
28,675
4,5'l2| ||||||816,803|591,560| |6|Education and Welfare Costs||||2022|2021| ||||||6|| ||Education costs
ICT
Catedng
Housekeeping
and laundry
Motor and travel
Training
Care
Therapy
Other
School Improvement
Plan —designated
fund expenditure
Other restricted
and designated
fund expenditure||||130,802
76,832
147,344
45,212
62,195
90,393
179,951
11,400
4,570
297,997
83,780|127,407
68,905
104,664
39,406
55,365
67,693
121,637
14,145
4,635
171,511
99,556| ||||||1,130,476|874,924| ## ## ## |7|Tangible Fixed Assets|||||| |---|---|---|---|---|---|---| ||||Freehold|||| ||||Land lk||Fixtures
8r|| ||||Buildings|Computers|Equipment|Total| ||Cost||E||E|| ||1 April 2021
Additions||5,596,412
1,480,187|52,269|450,411|6,099,092
1,480,187| ||31 March 2022||7,076,599|52,269|450,411|7,579,279| ||Depreciation|||||| ||1Apdl 2020
Charge for year||1,666,345
138,396|52,269|364,713
18,979|2,083,327
157,375| ||31 March 2022||1,804,741|52,269|383,692|2,240,702| ||Net BookValue|||||| ||31 March 2022||5,271,858||66,719|5,338,577| ||31 March 2021||3,930,067||85~698|4015(765| |8|Investments|||||| ||Movement
in fixed asset|investments||||| ||||||2022|2021| ||Market value at 1April 2021
Additions at cost||||55,979
300,131|45,718| ||Disposals
Net gains on revaluations||||(18,927)
7,347|10,261| ||Market value at 1April 2022||||344,530|55,979| ||Investments
at market: value comprised:|||||| ||Charities
Oflicial Investment|Fund|||61,640|55,979| ||Listed investments:|||||| ||Equities
Fixed interest securities||||176,447
30I100|| ||Alternatives||||51,527|| ||Property||||24,816|| ||||||344,530|55,979| ## ## |9|Financial instruments||||2022|2021| |---|---|---|---|---|---|---| ||Carrying amount offinancial||assets|||E| ||Debt instruments
measured|at amortised||cost|251,653|1,086,095| ||Carrying amount offinancial||liabilities|||| ||Measured at amortised
cost||||474,300|288,440| |10|Debtors||||2022|2021| ||||||E|| ||Trade debtors
Other debtors
Prepayments||||250,516
1,137
36,623|1,081,600
4,494
14,478| ||||||288,276|1,100,572| |il|Creditoha
amounts
falling|due within||one year|2022|2021| ||Trade creditors
Other taxes and social security
Other creditors
Accruals and deferred
income||||307,534
90,028
109,128
57,638|163,003
73,323
97,298
28,139| ||||||564,328|361,763| ## |||Unrestricted|Restricted|Endowment|Total| |---|---|---|---|---|---| ||||E|E|| |Brought
Surplus
Increase
Pension|forward
for the year
in valuations
movement|3,030,879
829,870
1,687
2,770,000|159,438
34,457|713,224
5,660|3,903,541
864,327
7,347
2,770,000| |||6,632,436|193,895|718,884|7,545,215| ## ## ## ## ## ## ## |14|Expenditure||||2022|2021| |---|---|---|---|---|---|---| ||Staffcosts||||F.|E| ||Wages and salaries
Social security costs
Pension costs (see note 15)||||4,096,233
333,782
821,463|3,546,813
288,888
636,151| ||||||5,251,478|4,471,852| ||Staff earning over F60,000||||2022|2021| ||Employees
with emoluments|falling|within the following|bands:|Number|Number| ||I60,001toI70,000|||||| ||E70,001to680,000
f90,001tof100,000|||||| ||6100,001tof110,000|||||| ## ## ## ## |||2022|2021| |---|---|---|---| |Average number|ofemployees:|E|E| |Senior Leadership
Team
Teaching Department
Care
Administration
Maintenance
Domestic
Education
Support ISIP
Boothroyd
House||6
46
25
13
7
7
66
1|5
42
24
12
7
7
5'l| |||171|151| ## |Pensions|Pensions|||| |---|---|---|---|---| |Contributions
payable
by the Foundation
Teachers Pension
West Yorkshire
Pension
Fund
Peoples Pension||for the employees:|2022I
148,396
605,939
67,128|2021
E
121,682
454,085
60,684| ||||821,463|636,151| |Contributions
outstanding|at the yearend:|||| |Teachers Pension
West Yorkshire
Pension
Peoples Pension|Fund||17,808
47,511
11,005|14,848
50,502
8,132| ||||76,324|73,482| ## ## ## ## ## ## ## ## ## ## ## ## ## |The major categori|e|s of|as|sets inth|e scheme asapercentage oft|otal plan assets are|asfollows:-| |---|---|---|---|---|---|---|---| |||||||2022|2021| ||||||||a/o| |Equities||||||79.8|79.7| |Corporate
Bonds||||||4.8|4.6| |Government
Bonds||||||74|8.3| |Property||||||4.0|3.8| |Cash||||||2.9|2.0| |Other|||||||| |||||||1.1|1.6| |Analysis ofthe amount|||recognised||in the SOFA:||| |||||||2022|2021| ||||||||E| |Current service cost||||||610,000|460,000| |Contributions
already
Past service cost||paid|by|the employer||(540,000)|(560,000)| |Net interest charge||||||70,000|50,000| |Actuarial gains/(losses)|||on defined||benefit pension scheme||| |Asset (gains)/losses
Liability (gains)/losses|arising
during the period
arising
during the period|||||(1,260,000)
(1,510,000)|(1,640,000)
2,910,000| |Movement
in pension||scheme||deficit||(2,630,000)|1,220,000| |||||||2022|2021| |||||||6|E| |Actual return
on assets:|||||||| |Interest income on assets||||||720,000|190,000| |Gains/(losses)
on assets||||||1,260,000|1,640,000| |||||||1,480,000|1,830,000| |Changes to the present|||value ofthe plan liabilities|||2022|2021| |||||||E|6| |Opening
scheme
liabilities||||||13,840,000|10,380,000| |Current service cost||||||610,000|460,000| |Past service cost|||||||| |Interest expense||||||290,000|240I000| |Actuarial
(gains)/losses
on liabilities
Contributions
by the participants||||||(1,510,000)
90,000|2,910I000
100,000| |Net benefits
paid out||||||(110,000)|(250,000)| |Closing scheme liabilities||||||13,210,000|13,840,000| ## ## ## ## |Changes to the|fair value|ofthe plan assets:|2022|2021| |---|---|---|---|---| |||||E| |Opening
fair value ofassets|||10,210,000|7,970,000| |Interest income|||220,000|190,000| |Remeasurement|(loss)/gain|on assets|1,260,000|1,640,000| |Contributions
by|the employer||540,000|560,000| |Contributions
by|the participants||90,000|100,000| |Net benefits
paid|out||(110,000)|(250,000)| |Closing fair value|ofassets||12,210,000|10,210,000| |Net scheme liabilities|||1,000,000|3,630,000| |operating lease|s:-||| |---|---|---|---| |||Plant 8|Machinery| |||2022|2021| |||E|| |Leases expiring|in:||| |& 1year
2-5 years||110,498|18,113
67,807| ## ## ## |||Note|Unrestricted|Restricted|Endowment|2021Total| |---|---|---|---|---|---|---| |||||E|E|E| |Income and endowments|from:|||||| |Charitable
activities
Investments||4
3|6,905,826
9,497|92,182||6,998,008
9,497| |Total income|||6,915,323|92,182||7,007,505| |Expenditure
on:||||||| |Charitable activities:||||||| |Salaries||14|4,471,852|||4,471,852| |Esbrblishment
costs||S|591,560|||591,560| |Education
ar welfare||6|775,202|99,722||874,924| ||||5,838,614|99,722||5,938,336| |Support and governance|costs:|||||| |Interest payable - pension|||50,000|||50,000| |Depreciation|||113,805|3,919||117,724| |Professional
fees|||13,454|||13,454| |Clerk charges &subscriptions|||9,381|||9,381| |Auditor remuneration|||11,820|||11,820| |Actuary fees|||786|||786| |Total expenditure|||6,037,860|103,6'l1||6,141,501| |Net income before||||||| |investment
gains/(losses)|||877,463|(11,459)||866,004| |Net gains/(losses)
on investments|||||10,261|10,261| |Net income/(expenditure)||2|877,463|(11,459)|10,261|876,265| |Transfers
between
funds|||18,386|(18,386)||| |Actuarial (losses) on defined||||||| |benefit pension scheme|||(1,270,000)|||(1,270,000)| |Net movement
in funds|||(374,151)|(29,845)|10,261|(393,735)| |Reconciliation
offunds:||||||| |Total funds brought
forward|||3,405,030|189,283|702,963|4,297,276| |Total funds carried forward||12|3,030,879|159,438|713,224|3,903,541|