## ## |Trustees'
report and|statement|oftrustees|responsibilities|1-6| |---|---|---|---|---| |Independent
auditors'|report|||7-9| |Statement of financial|activities|||10| |Balance sheet||||| |Cash flow statement||||12| |Notes to the financial|statements|||13-26| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||Note|Unrestricted|Restricted|Endowment|2023Total|2022 Total| |---|---|---|---|---|---|---| ||||||f|E| |Income and endowments|from:|||||| |Charitable
activities|4|9,605,824|109,284||9,715,108|8,325,143| |Investment
activities|3|12,241|||12,241|1,192| |Total income||9,618,065|109,284||9,727,349|8,326,335| |Expenditure
on".||||||| |Charitable
activities:||||||| |Salaries|14|6,237,485|||6,237,485|5,251,478| |Establishment
costs
Education 5welfare|5
6|1,008,014
1,367,362|109,476||1,008,014
1,476,838|816,803
1,130,476| |||8,612,861|109,476||8,722,337|7,198,757| |Support and governance|costs:|||||| |Interest payable - pension||20,000|||20,000|70,000| |Depreciation||176,844|3,919||180,763|157,375| |Professional
fees||12,475|||12,475|10,242| |Clerk charges R subscriptions||25,902|||25,902|13,868| |Auditor
remuneration||24,460|||24,460|11,340| |Actuary fees||2,292|||2,292|426| |Investment
activities:||||||| |Investment
management|fees|11,668|||11,668|| |Total expenditure||8,886,502|113,395||8,999,897|7,462,008| |Net income before||||||| |investment
gains/(losses)||731,563|(4,111)||727,452|864,327| |Net (losses)/gains
on investments||(26,900)||(1,440)|(28,340)|7,347| |Net income/(expenditure)|2|704,663|(4,111)|(1,440)|699,112|871,674| |Transfers
between
funds||||||| |Actuarial
gain/(loss)
on defined||||||| |benefit pension
scheme||1,020,000|||1,020,000|2,770,000| |Net movement
in funds||1,724,663|(4,111)|(1,440)|1,719,112|3,641,674| |Reconciliation
offunds:||||||| |Total funds brought
forward||6,632,436|193,895|718,884|7,545,215|3,903,541| |Total funds carried forward|12|8,357,099|189,784|717,444|9,264,327|7,545,215| ## ## ||||||as at 31|March 2023|||| |---|---|---|---|---|---|---|---|---|---| ||||||Note||2023f||2022| |Fixed assets|||||||||| |Land 8.buildings
Furniture 5equipment|||||||6,075,545
78,559||5,271,858
66,719| |Investments|||||||1,001,862||344,530| ||||||||7,155,966||5,683,107| |Current assets|||||||||| |Stocks||||||54,320||54,393|| |Debtors|||||10|202,931||288,276|| |Cash at bank and
in hand||||||2,355,323||3,083,767|| |||||||2,612,574||3,426,436|| |Liabilities|||||||||| |Creditors
falling due within one|||year|||(504,213)||(564,328)|| |Net current assets|||||||2,108,361||2,862,108| |Net assets before pension||liability|||||9,264,327||8,542,775| |Defined benefit pension|scheme||liability||15||||(1,000,000)| |Total net assets|||||||9,264,327||7,545,215| |The funds ofthe charity:|||||||||| |Endowment
funds|||||||717,444||718,884| |Restricted
income funds|||||||189,784||193,895| |Unrestricted
income funds:|||||||||| |Unrestricted
funds|||||||8,155,096||7,332,030| |Pension reserve|||||15||||(1,000,000)| |School Improvement|Plan designated|||fund|||202,003||300,406| |Totalcharity
funds|||||12||9,264,327||7,545,215| ## ## |STATEMENT OF CASH FLOWS|STATEMENT OF CASH FLOWS|STATEMENT OF CASH FLOWS|STATEMENT OF CASH FLOWS|| |---|---|---|---|---| |for the year ended 31March 2023||||| |Reconciliation
ofnet income/(expenditure)||to net|2023|2022| |cash flow from operating
activities||||| |Net income for the year (as per the||||| |statement offinancial
activities)|||699,112|871,674| |Add back depreciation
charge|||180,763|157,375| |Deduct interest income shown
in investing|activities||(12,241)|(1,192)| |Net losses/(gains)
on investments|||28,340|(7,347)| |Decrease/(increase)
in stocks|||73|(419)| |Decrease
in debtors|||85,345|812,296| |(Decrease)/increase
in creditors|||(60,115)|202,564| |FRS102 pension
adjustment|||20,000|140,000| |Net cash provided
by operating
activities|||941,277|2,174,951| |Cash flows from investing
activities:||||| |Interest and dividends|||12,241|1,192| |Purchase of property,
plant and equipment|||(996,290)|(1,480,187)| |Purchase of listed investments|||(705,806)|(300,130)| |Proceeds on sale of listed investments|||20,134|18,927| |Net cash used in investing
activities|||(1,669,721)|(1,760,198)| |Change
in cash and cash equivalents|in the year||(728,444)|414,753| |Cash and cash equivalents
brought
forward|||3,083,767|2,669,014| |Cash and cash equivalents
carried forward|||2,355,323|3,083,767| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |2|Net income/(expenditure)|Net income/(expenditure)|Net income/(expenditure)|2023|2022| |---|---|---|---|---|---| |||||E|| ||Net income/(expenditure)||is stated after charging:||| ||Depreciation
oftangible||assets|180,763|157,375| ||Operating|lease rentals||51,754|58,488| ||Auditors|remuneration|- audit|7,500|4,600| ||||- other services|16,960|6,740| |3|Investment
income|||2023|2022| ||Interest|received||1,570|348| ||Dividends|||10,671|844| |||||12,241|1,192| ## ## ## |||||||for the|for the|year ended 31March 2023||| |---|---|---|---|---|---|---|---|---|---|---| |4|Income from|charitable||||activities|||2023|2022| ||Fees: Standard||||||||5,468,983|5,194,074| ||: AddiTional|||services|||||1,953,303|1,526,006| ||:Off roll/off|||site provisions|||||1,246,184|578,000| ||: ESFA|funding|||grant||||574,909|488,871| ||Other grants||||||||421,171|485,650| ||Other generated||income||||||50,558|52,542| ||||||||||9,715,108|8,325,143| ||Grants comprise||mainly||of ESFA||funding|towards education.||| |5|Establishment||costs||||||2023|2022f| ||Cleaning||||||||125,837|119,112| ||Maintenance
and||security||||||467,527|377,558| ||Heat and light||||||||120,195|90,224| ||Water||||||||25,778|23,497| ||Insurance||||||||95,581|73,790| ||Office costs||||||||126,754|96,312| ||Professional
fees||||||||46,342|36,310| ||||||||||1,008,014|816,803| |6|Education and||Welfare Costs||||||2023|2022| ||||||||||E|| ||Education costs||||||||142,744|130,802| ||ICT||||||||107,994|76,832| ||Catering||||||||182,123|147,344| ||Housekeeping|and||laundry|||||44,674|45,212| ||Motor and travel||||||||84,371|62,195| ||Training||||||||162,432|90,393| ||Care||||||||224,786|179,951| ||Therapy|||||||||11,400| ||Other||||||||7,948|4,570| ||School Improvement|||Plan —designated||||fund expenditure|410,290|297,997| ||Other restricted|and designated|||||fund expenditure||109,476|83,780| ||||||||||1,476,838|1,130,476| ## ## |7|Tangible Fixed Assets|||||| |---|---|---|---|---|---|---| ||||Freehold|||| ||||Land L||Fixtures &|| ||||Buildingsf|Computersf|Equipmentf|Totalf| ||Cost|||||| ||1 April 2022||7,076,599|52,269|450,411|7,579,279| ||Additions||959,100|4,973|32,217|996,290| ||31 March 2023||8,035,699|57,242|482,628|8,575,569| ||Depreciation|||||| ||1April 2022||1,804,741|52,269|383,692|2,240,702| ||Charge for year||155,413|4,973|20,377|180,763| ||31 March 2023||1,960,154|57,242|404,069|2,421,465| ||Net BookValue|||||| ||31 March 2023||6,075,545||78,559|6,154,104| ||31March 2022||5,271,858||66,719|5,338,577| |8|Investments|||||| ||Movement
in fixed asset|investments||||| ||||||2023f|2022f| ||Market value at 1 April 2022||||344,530|55,979| ||Additions
at cost||||705,806|300,131| ||Disposals||||(20,134)|(18,927)| ||Net (losses) / gains on revaluations||||(28,340)|7,347| ||Market value at 31 March 2023||||1,001,862|344,530| ||Investments
at market value comprised:|||||| ||Charities
Official Investment|Fund|||60,200|61,640| ||Listed investments:|||||| ||Equities||||554,575|176,447| ||Fixed interest securities||||163,161|30,100| ||Alternatives||||159,443|51,527| ||Property||||37,667|24,816| ||Emerging
markets||||26,816|| ||||||1,001,862|344,530| ## ## |9|Financial instruments|Financial instruments||||2023|2022| |---|---|---|---|---|---|---|---| |||||||E|E| ||Carrying
amount of|financial||assets|||| ||Debt instruments
measured||at amortised||cost|181,906|251,653| ||Carrying amount of|financial||liabilities|||| ||Measured
at amortised|cost||||395,791|474,300| |10|Debtors|||||2023f|2022| ||Trade debtors|||||179,673|250,516| ||Other debtors|||||2 233|1,137| ||Pre payments|||||21,025|36,623| |||||||202,931|288,276| |11|Creditors: amounts|falling due within|||one year|2023|2022| ||Trade creditors|||||182,324|307,534| ||Other taxes and social|security||||108,422|90,028| ||Other creditors|||||133,411|109,128| ||Accruals and deferred|income||||80,056|57,638| |||||||504,213|564,328| |||Unrestricted
E|Restricted
f|Endowment|Total| |---|---|---|---|---|---| |Brought|forward|6,632,436|193,895|718,884|7,545,215| |Surplus for the year||751,563|(4,111)||747,452| |Decrease|in valuations|(26,900)||(1,440)|(28,340)| |Pension|movement|1,000,000|||1,000,000| |||8,357,099|189,784|717,444|9,264,327| ## ## ## |Analysis of Net|Assets between|Funds||||| |---|---|---|---|---|---|---| ||2023|2023|2023|2022|2022|2022| ||Unrestricted
f|Restricted
f|Endowment
f|Unrestricted
f|Restricted
f|Endowment
f| |Fixed assets|5,385,224|111,636|657,244|4,565,777|115,556|657,244| |Investments|941,661||60,200|282,890||61,640| |Stock and debtors|257,251|||342,669||| |Cash and bank|2,277,176|78,148||3,005,428|78,339|| |Creditors|(504,213)|||(564,328)||| |Pension
liability||||(1,000,000)||| ||8,357,099|189,784|717,444|6,632,436|193,895|718,884| ## ## |Expenditure|2023f|2022f| |---|---|---| |Staff costs||| |Wages and salaries|4,939,749|4,096,233| |Social security costs|452,891|333,782| |Pension costs (see note 15)|844,845|821,463| ||6,237,485|5,251,478| ## ## ## |14|Expenditure
(Continued)|||||| |---|---|---|---|---|---|---| ||Staff earning
over f60,000||||2023|2022| ||||||Number|Number| ||Employees
with emoluments|falling|within the following|bands:||| ||E60,001to E70,000|||||| ||E70,001to E80,000|||||| ||E80,001to E90,000|||||| ||E100,001to E110,000|||||| |schemes.|||


|| |---|---|---|---|---| ||||2023|2022f| |Average|number|ofemployees:||| |Senior Leadership||Team|6|6| |Teaching|Department||46|46| |Care|||26|25| |Administration|||13|13| |Maintenance|||8|7| |Domestic|||7|7| |Education|Support|ISIP|80|66| |Boothroyd|House||5|1| ||||191|171| ## |||||||2023|2022| |---|---|---|---|---|---|---|---| |Contributions
payable||by||the Foundation|for the employees:||| |Teachers|Pension|||||185,083|148,396| |West Yorkshire
Pension|||Fund|||568,322|605,939| |Peoples|Pension|||||91,440|67,128| |||||||844,845|821,463| |Contributions
outstanding||||at the yearend:|||| |Teachers|Pension|||||24,971|17,808| |West Yorkshire
Pension|||Fund|||51,090|47,511| |Peoples|Pension|||||15,271|11,005| |||||||91,332|76,324| ## ## ## ## ## ## ## ## ## ## ## |||||||2023|2022| |---|---|---|---|---|---|---|---| |||||||Years|Years| |Males|||||||| |Member|aged|65|at|accounting|date|21.6|21.8| |Member|aged|45|at|accounting|date|22.9|22.5| |Females|||||||| |Member|aged|65|at|accounting|date|24.6|24.6| |Member|aged|45|at|accounting|date|25.7|25.7| |The major categori|es of|assets in th|e scheme asapercentage ofto|tal plan assets are|asfollows:-| |---|---|---|---|---|---| |||||2023|2022| |||||o/o|o/o| |Equities||||80.8|79.8| |Corporate
Bonds||||4.6|4.8| |Government
Bonds||||6.9|7.4| |Property||||3.3|4.0| |Cash||||2.3|2.9| |Other||||2.1|1.1| |Analysis ofthe amount||recognised|in the SOFA:||| |||||2023|2022| |||||E|| |Current service cost||||570,000|610,000| |Contributions
already|paid|by the employer||(570,000)|(540,000)| |Net interest charge||||20,000|70,000| |Actuarial gains/(losses)||on defined|benefit pension scheme||| |Asset (gains)/losses|arising|during the period||520,000|(1,260,000)| |Liability (gains)/losses|arising during the period|||(4,230,000)|(1,510,000)| |Asset restriction||||2,690,000|| |Movement
in pension|scheme deficit|||(1,000,000)|(2,630,000)| |||||2023|2022f| |Actual return
on assets:|||||| |Interest income on assets||||330,000|220,000| |Gains/(losses)
on assets||||(520,000)|1,260,000| |||||(190,000)|1,480,000| ## ## ## ## ||Changes to the present value ofthe plan liabilities|2023
E|2022f| |---|---|---|---| ||Opening
scheme
liabilities|13,210,000|13,840,000| ||Current service cost|570,000|610,000| ||Interest expense|350,000|290,000| ||Actuarial
(gains)/losses
on liabilities|(4,230,000)|(1,510,000)| ||Contributions
by the participants|100,000|90,000| ||Net benefits
paid out|(280,000)|(110,000)| ||Closing scheme
liabilities|9,720,000|13,210,000| ||Changes tothe fair value ofthe plan assets:|2023|2022| |||E|| ||Opening
fair value ofassets|12,210,000|10,210,000| ||Interest income|330,000|220,000| ||Remeasurement
(loss)/gain
on assets|(520,000)|1,260,000| ||Contributions
by the employer|570,000|540,000| ||Contributions
by the participants|100,000|90,000| ||Net benefits
paid out|(280,000)|(110,000)| ||Asset restriction|(2,690,000)|| ||Closing fair value ofassets|9,720,000|12,210,000| ||Net scheme liabilities||1,000,000| |16|Financial Commitments||| |At 31 March 2023 the charity
was committed
to m
operating
leases:-|aking
the following
payments
under
non|-cancellable| |---|---|---| ||Plant L|Machinery| ||2023|2022f| |Leases expiring in:—||| |& 1year|8,133|| |2-5 years|67,292|110,498| ## ## ## ## ## ## ## ## ## |||Note|Unrestrictedf|Restricted
f|Endowment|f|2022 Total| |---|---|---|---|---|---|---|---| |Income and endowments|from:||||||| |Charitable
activities
Investments||4
3|8,202,987
1,192|122,156|||8,325,143
1,192| |Total income|||8,204,179|122,156|||8,326,335| |Expenditure
on:|||||||| |Charitable
activities:|||||||| |Salaries
Establishment
costs||14
5|5,251,478
816,803||||5,251,478
816,803| |Education S.welfare||6|1,046,696|83,780|||1,130,476| ||||7,114,977|83,780|||7,198,757| |Support and governance|costs:||||||| |Interest payable - pension|||70,000||||70,000| |Depreciation|||153,456|3,919|||157,375| |Professional
fees
Clerk charges 5subscriptions|||10,242
13,868||||10,242
13,868| |Auditor remuneration
Actuary fees|||11,340
426||||11,340
426| |Total expenditure|||7,374,309|87,699|||7,462,008| |Net income before|||||||| |investment
gains/(losses)|||829,870|34,457|||864,327| |Net gains/(losses)
on investments|||1,687||5,660||7,347| |Net income/(expenditure)||2|831,557|34,457|5,660||871,674| |Transfers
between
funds|||||||| |Actuarial
gain/(loss)
on defined|||||||| |benefit pension scheme|||2,770,000||||2,770,000| |Net movement
in funds|||3,601,557|34,457|5,660||3,641,674| |Reconciliation offunds:|||||||| |Total funds brought
forward|||3,030,879|159,438|713,224||3,903,541| |Total funds carried forward||12|6,632,436|193,895|718,884||7,545,215|