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## 2 May 2023 



||`GatewaysEducationalTrustLimited:(ACompanyLimitedbyGuarantee)`|`GatewaysEducationalTrustLimited:(ACompanyLimitedbyGuarantee)`||
|---|---|---|---|
|`Reportof`|`theGovernorsandFinancialStatements:FortheYearEnded31stAugust2022`|||
|`StatementofFinancialActivities:YearEnding31°August`|||`2022`|
|||`2022`|`2021`|
|||`Unrestricted`||
|`Incomefrom:`||||
|`Charitableactivities`||||
|`Feesreceivable`||`6,037,844`|`4,786,405`|
|`Less:Scholarshipsandbursariesandspecialdiscount`||`-659,889`|`-484,069`|
|`Netfeesreceivable`||<br>`5,377,955`|<br>`4,302,336`|
|`Investments`||||
|`Bankandotherinterest`||`569`|`118`|
|`Othertradingactivities`||||
|`Sundryincome`||`97,044`|`95,542`|
|`Voluntarysources`||||
|`Donations/ Grants`||`52,424`|`91,234`|
|`Totalincome`||<br>`5,527,992`<br>|<br>`4,489,230`<br>|
|`Expenditure:`||||
|`Raisingfunds`||||
|`Financingcosts`||`-167,819`||
|`Costofotheractivities`<br>`Charitableactivities`<br>`Education`<br>`Totalexpenditure`<br>`Netincomefortheyear`<br>`Netmovementinfunds`<br>`Balancesasat1 September2021`<br>`Balancescarriedforwardat31August2022`<br>`The notesonpages18to31formpartof `||`-15,000`<br> <br>`-182,819`<br> <br>`-5,224,294`<br> <br>`-5,407,113`<br> <br>`120,879`<br> <br>`120,879`<br>`13,664,889`<br> <br>`13,785,768`<br> <br> `thesefinancialstatements. `|<br> <br>`-4,245,467`<br> <br>`-4,343,495`<br> <br>`145,735`<br> <br>`145,735`<br>`13,519,154`<br> <br>`13,664,889`<br> <br>|

















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||`GatewaysEducationalTrust`|`GatewaysEducationalTrust`|`Limited:`|`(ACompanyLimited`|`(ACompanyLimited`|`(ACompanyLimited`|`byGuarantee)`|`byGuarantee)`|`byGuarantee)`|||
|---|---|---|---|---|---|---|---|---|---|---|---|
|`ReportoftheGovernors`||`andFinancial`|`Statements:For`||`theYear`|`Ended31%`|||`August2022`|||
|`9.FixedAsset`||||||||||||
||`FreeholdLand`<br>`andBuildings`|`Furniture,`<br>`Fixtures`<br>`andFittings`|<br> <br> <br>`Computer`<br>`Equipment`||<br>|`Vehicles`|||<br>`Projects`<br>`in`<br>`Progress`|||
||`£`|`£`||`£`||||||`£`||
|`Cost`||||||||||||
|`At1 September`<br>`2021`|`15,431,997`|`396,436`||`331,504`|||||`1,113,416`||`17,273,353`|
|`Additions`|`148,145`|`76,871`||`40,270`|||||`504,615`||`808,390`|
|`Disposals`||||||||||||
|`At 31August2022`|<br>`15,580,142`|<br>`473,307`|<br>|<br>`371,774`|<br>||||<br>`1,618,031`||<br>`18,081,743`|
|`Depreciation`||||||||||||
|`At31August2021`|`540,066`|`183,262`||`111,686`|||||||`835,014`|
|`Chargeforyear`|`171,629`|`38,828`||`66,607`|||||||`283,521`|
|`Disposals`|`=`||`=`||`=`||||||`-`|
|`At 31August2022`|`711,695`<br>|`222,090`<br>|<br>|`178,293`<br>|<br>||||||`1,118,535`<br>|
|`NetBookValue`||||||||||||
|`At 31August2022`|`14,868,447`|`251,217`||`193,481`|||||`1,618,031`||`16,963,208`|
|`At31August2021`<br>|`14,891,931`<br>|`213,174`<br>|<br>|`219,818`<br>|<br>|||`-`<br>|<br>`1,113,416`<br>||`16,438,339`<br>|
|`AllassetsheldbytheCompanyareconsideredby`<br>|||`theGovernorstobeheldfor`<br>||||||`directcharitablepurposes.`<br>|||
|`Freeholdlandand`<br>|`buildingsarevaluedbyindependent`<br>|||`valuerseveryfiveyears.Thedirectorsreviewthe`<br>||||||||
|`valuationoftheportfolioeveryyear.`<br>||`Thelastvaluation`<br>||`wascarriedout`<br>|||`on31`<br>|<br>|`August2018.`<br>||`Thefairvalue`<br>|
|`wasmeasuredusingdepreciatedreplacementcost.`<br>||||||||||||
|`Freeholdbuildings`<br>|`aredepreciatedona straight`<br>||`linebasisover`<br>||`their`<br>|`estimatedusefullifeof`<br>|||||`100years,or`<br>|
|`30yearsfortemporarybuildings.A furtherprovisionof`<br>||||`20%is`<br>|`made`<br>|`tocover`<br>|||`functional`<br>|`obsolescenceand`<br>||
|`5%tocovereconomicobsolescence.`<br>||||||||||||
|`Thefreeholdland`<br>|`and buildingsarepledgedassecurity`<br>|||`forthe`<br>|`bank`<br>|`loan.`<br>|<br>|||||
|`Thevalueinprojectsinprogressrelatestotheacquisitionand`<br>|||||`refurbishment`<br>|||`ofTheOld`<br>||`Vicarage.Thiswas`<br>||
|`openedasournew6"Formcentrein`<br>||`September`<br>|`2022.`<br>|<br>||||||||
|`Thehistoricalcost`<br>|`ofrevalued freeholdlandand`<br>||`buildingswithinthe`<br>|||`Schoolis:`<br>|||<br>|||
||||||`2022`<br>||||`2021`<br>|||
||||||`£`<br>||||`£`<br>|||
|`Historicalcost`<br>||||`6,894,548`<br>|||`6,746,403`<br>|||||
|`Accumulateddepreciation`<br>||||`-2,550,386`<br> <br>||`-2,481,440`<br> <br>||||||
|`Historicalcostnetbookvalue`<br>||||<br>`4,344,162`<br>||<br>|<br>`4,264,963`<br>|||||