| TRUSTEE, BOARD OF SCHOOL GOVERNORS AND ADVISORS. | |
|---|---|
| REPORT OF THE TRUSTEE. | |
| STATEMENT OF TRUSTEE'S RESPONSIBILITIES .. | ..17 |
| INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEE OF |
|
| ST JOHN'S CATHOLIC SCHOOL FOR THE DEAF. | 18 |
| STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31AUGUST 2022 .... | ...23 |
| STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31AUGUST 2021.... | .....24 |
| BALANCE SHEET. | .2S |
| CASH FLOW STATEMENT.. | 26 |
| NOTES TO THE FINANCIAL STATEMENTS .. | 27 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| f'000 | f'000 | ||||
| School | |||||
| Income | 2,911 | 3,288 | |||
| Expenditure | (2,824) | (2,818) | |||
| Surplus | 87 | 470 | |||
| Net (Losses)/Gains | on | ||||
| Investment | Assets | (43) | 48 | ||
| Increase | in Reserves | 518 | |||
| Investments | |||||
| Income | 170 | 145 | |||
| Expenditure | (434) | (88) | |||
| (Deficit)/Surplus | (284) | 57 | |||
| Net Gains | in and Revaluations | on | |||
| Investment | Assets | 235 | 697 | ||
| (Decrease)/Increase | in Reserves | (29) | |||
| Increase | in Total Charity Reserves | 15 | 1,272 |
| g U |
Ip | N D C IL |
O O 0 W |
O 0 Pl |
OJ $ |
Pl | &0 I |
8 Vt |
I Pt Cl |
CO CJ |
M ID |
|||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| QcI | 0 | |||||||||||||||||||||||||||
| QcI | ||||||||||||||||||||||||||||
| CI 0&II- V)DQD |
Ol D)je ) CC |
ttl O C8 |
Q r |
0 I |
Q | CG0 tDC LL 0 C Gt E |
||||||||||||||||||||||
| QJ | ||||||||||||||||||||||||||||
| CI UJ CIZ |
pt | &A CO &&I |
' | r ca CO bl |
IA CO |
Qp Gl |
||||||||||||||||||||||
| IU | ||||||||||||||||||||||||||||
| UJZI- | 3 0 0& |
'De0 'C Vl &0 |
N D c 0 |
O O o Cll |
I | &0 | ' | &0 | CO | Pl | Pl | 0C ID VJ0 C &0 |
||||||||||||||||
| 0 | N C IL |
O0 O Itl |
Vt CO &&I |
' | Vt CO ca |
8 | &0 | Gl 0 |
||||||||||||||||||||
| V) | ||||||||||||||||||||||||||||
| UJI- | CD | Cl C&l |
||||||||||||||||||||||||||
| M | ||||||||||||||||||||||||||||
| I- U |
e0 | Vl IDE |
Dl | |||||||||||||||||||||||||
| Gl9 | IP | |||||||||||||||||||||||||||
| Qp | ID | |||||||||||||||||||||||||||
| UZ | (00 &D |
C Ql m |
||||||||||||||||||||||||||
| Z | E Qt |
(Le | Qt ID |
|||||||||||||||||||||||||
| M | ||||||||||||||||||||||||||||
| 0I-Z UJX UJI- I- CO |
E0 al E Vt 0 L ia C G0 C cme ta IL E e —c E 8 a& 0 C "AB |
&n 0 L Ca Cl |
VJ ID &I plC Vl |
tD E 0 0C e E Vt |
00 C w C &a I 0 0 |
C0 Qt 6 |
N0 (L Dl N &0 0 0O |
'R E e e N 3'0 X C c Dl pe e g m mO Z3E O O Ip |
IJJ c 0 Qt N IE |
Ql E Ql E VJ Gl 8 Ql N Vt0 k |
al 0. X IU g 00C e Z |
Vl ID'2 K (L C Ql E ) C 0 C &0 Ql (0 |
Vt 'D C IL C C e 0 IDZ |
fit 5 0- 0 C 0 &0 0 |
0 c- c e Cn 'C 0 al o 0 N VJ '0 0C Ia I—Ip |
IO 0 Gl 0 Dl C00 E0 Qt (0 |
Ql 0 Gl CL E &0 0 &&I ID Dt (0 Cl. E0 |
0 M ID Vt Vt0 0 &0C (0 CO 13 Ql N C & DJ00e 0 |
||||||||||
| M ID |
Vt | Qt | ||||||||||||||||||||||||||
| 0 | Gl0 | ID ID |
||||||||||||||||||||||||||
| &0 | Gl | (D | ||||||||||||||||||||||||||
| I- |
| M | ||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| o | C g |
0 W |
Ol IO |
Itl IO |
Gl 0 |
|||||||||||||||||||||
| ONI- | (O0 tO |
|||||||||||||||||||||||||
| V)DQD | Ut Ce E Ul tD |
IP 0 Ut Qt C |
L | Ct | LL 0 e E |
|||||||||||||||||||||
| Gl | ||||||||||||||||||||||||||
| (O | ||||||||||||||||||||||||||
| CI 0Z |
IO0 | W | Ot (4 |
CO (0 |
g | Ct | ( | Ut | (0 (0 |
(O (O (tl |
0 | ' | Cg | (O | (0 ID C 13 |
|||||||||||
| ID | ||||||||||||||||||||||||||
| 8 | 0 'C |
Ct(1 | o e |
|||||||||||||||||||||||
| XI- 0 |
o Ut |
Ih Qt 't3 Qt0 |
Ct | lo | lh M (t( |
M0 (O Gl |
||||||||||||||||||||
| N | U( Ql C |
0 (tt |
||||||||||||||||||||||||
| I- | CO (tt |
|||||||||||||||||||||||||
| M | ||||||||||||||||||||||||||
| M | ||||||||||||||||||||||||||
| I-O | C G(E |
ct | ||||||||||||||||||||||||
| ID9 (0 |
||||||||||||||||||||||||||
| OZ | (O0C (OC |
G( tO ID |
||||||||||||||||||||||||
| Z | LL tD |
Gl | ||||||||||||||||||||||||
| N | ||||||||||||||||||||||||||
| Qt | ||||||||||||||||||||||||||
| 0I-Z LI llJI- I- V) |
E0 Ce E g M FO C GO c fj e Ole0E E8e 0c 0 0 0 C Ut &3 |
th 0 Gl (Ct Ct |
Ql ol C m |
Ql E00 C |
E 0 |
00 cl C IO |
e | 13 LL ol C th Ol 0 |
e 0. e o |
e 0( c 90 |
N0 cl C IO e0.0 e 2 |
Itl 'th c LL P ht e th L Ul 0 GO |
IO e C th Ol e z |
4L C C 0 eX |
0 0 o 0 I( (L |
t3e 0 F 0 Ul (o Ie |
11 e LIe '0 C (L 0 |
Ut e L1 0ct c C0 0 E |
0 (O0. E 0 Gtct (O0. |
th Gl th Ut0 0 NC (O0t 13 (D Ut CO00 G( |
||||||
| Gt Gl |
E0 | 0 | ||||||||||||||||||||||||
| N Gl 0 (0 |
Ihe0 e |
Gt Gt Gl ID |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Note | E'000 | F'000 | |||
| Fixed Assets | |||||
| Tangible Assets | 11 | 552 | 929 | ||
| Investment Properties |
12 | 5,131 | 4,360 | ||
| Investments | 13 | 3,248 | 3,812 | ||
| Total Fixed Assets | 8,931 | 9,101 | |||
| Current Assets | |||||
| Inventories | 4 | 5 | |||
| Debtors | 14 | 533 | 711 | ||
| Cash at Bank and | in | Hand | 1,441 | 1,244 | |
| Total Current Assets | 1,978 | 1,960 | |||
| Current Liabilities |
|||||
| Creditors: Amounts | falling due within one year | 15 | (647) | (814) | |
| Net Current Assets | 1,331 | 1,146 | |||
| Net Assets | 10,262 | 10,247 | |||
| The Funds ofthe | Charity: | ||||
| Unrestricted Funds |
|||||
| - Revaluation Reserve |
18 | 3,789 | 3,018 | ||
| — General Funds |
6,006 | 6,721 | |||
| - Total | 19 | 9,795 | 9,739 | ||
| Restricted Funds |
19 | 467 | 508 | ||
| Total Charity Funds | 10,262 | 10,247 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| E'000 | E'000 | ||||||
| Cash Flows from Operating | Activities | ||||||
| Net Movement in Funds |
15 | 1,272 | |||||
| Adjusted for: |
|||||||
| Deprecation Charges |
104 | 62 | |||||
| Impairment Charges |
304 | ||||||
| Net Losses/(Gains) on Investments |
579 | (745) | |||||
| Revaluation of Investment Properties |
(771) | ||||||
| Investment Income |
(175) | (149) | |||||
| Decrease/(Increase) in Inventories |
1 | (2) | |||||
| Decrease/(Increase) in Debtors |
178 | (11) | |||||
| Decrease in Creditors |
(167) | (151) | |||||
| Other items | 25 | 22 | |||||
| Net Cash provided by Operating |
Activities | 93 | 298 | ||||
| Cash Flows from Investing | Activities | ||||||
| Investment Properties Income |
98 | 96 | |||||
| Payments to Acquire Tangible Fixed |
Assets | (31) | (139) | ||||
| Proceeds from the Disposal | of Fixed Asset Investments | 37 | 53 | ||||
| Payments to Acquire Fixed Asset Investments |
(225) | ||||||
| Net cash provided by/(used |
in) Investing | Activities | 104 | (215) | |||
| Net Increase in Cash and Cash Equivalents |
197 | 83 | |||||
| Cash and Cash Equivalents | at the beginning | ofyear | 1,244 | 1,161 | |||
| Cash and Cash Equivalents | at the end ofyear | 1,441 | 1,244 | ||||
| Analysis of Net Cash | |||||||
| 2022 Movement | 2021 | Movement | 2020 | ||||
| E'000 | f'000 | E'000 | E'000 | E'000 | |||
| Cash at Bank and in Hand |
1,441 | 197 | 1,244 | 83 | 1,161 |
| 2022 | |||
|---|---|---|---|
| Restricted | Unrestricted | Total | |
| Fund | Fund | Funds | |
| f'000 | F'000 | f'000 | |
| Income arising from: | |||
| Rental Income | 98 | 98 | |
| Listed Investments | 72 | 77 | |
| Total | 170 | 175 | |
| 2021 | |||
| Restricted | Unrestricted | Total | |
| Fund | Fund | Funds | |
| f'000 | f'000 | f'000 | |
| Income arising from: | |||
| Rental Income | 96 | 96 | |
| Listed Investments | 49 | 53 | |
| Total | 145 | 149 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| f'000 | f.'000 | ||||
| Investment | Property | Expenditure | 38 | 45 | |
| Investment | Management | Fees | 29 | 23 | |
| Total | 68 |
| 2022 | 2021 | ||
|---|---|---|---|
| f'000 | f.'000 | ||
| Teachers' Salaries | 1,028 | 936 | |
| Support Staff | Salaries | 1,270 | 1,338 |
| Professional | Fees | 39 | 44 |
| Education Supplies |
183 | 202 | |
| Premises Costs | 169 | 170 | |
| Establishment | Expenses | 85 | 73 |
| Depreciation | 104 | 62 | |
| Grants Paid |
2 | ||
| Support Costs | 7 | 13 | |
| Total | 2,887 | 2,838 |
| Staff costs c | omprise | the following: | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| E'000 | E'000 | |||
| Salaries and | Wages | 1,719 | 1,679 | |
| Employers' | National | Insurance | 150 | 143 |
| Pension Costs | 195 | 200 | ||
| Agency Staff | 234 | 187 | ||
| Total | 2,298 | 2,209 |
| 2022 | 2021 |
|---|---|
| No. | No. |
| 2022 | 2021 | |||
|---|---|---|---|---|
| No. | No. | |||
| Average | Number | of Employees | 74 | 77 |
| Full Time | Equivalent | 82 | 63 |
| 2022 | 2021 | ||
|---|---|---|---|
| 6'000 | F'000 | ||
| Auditor's | Remuneration | ||
| —audit | services | 13 | 13 |
| —other | services | 1 | 1 |
| Depreciation ofOwned Assets |
104 | 62 | |
| Impairment ofOwned Assets |
304 | ||
| Operating | Lease Rentals | 4 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| E'000 | E'000 | |||||
| Market Value at 1 September | 3,812 | 2,864 | ||||
| Investment | Income | 77 | 53 | |||
| Net Realised Gains in |
the Year | 78 | 63 | |||
| Net Unrealised (Losses)/Gains |
on Revaluation | (657) | 682 | |||
| Investment | Managers | Costs Deducted | from Investments | (25) | (22) | |
| Addition to | Investments | 225 | ||||
| Withdrawn | from Investments | (37) | (53) | |||
| Market Value at 31August | 3,248 | 3,812 | ||||
| Analysis of |
Market Value of Investment | by Type: | ||||
| Equities | 2,313 | 3,002 | ||||
| Bonds | 374 | 407 | ||||
| Property | 344 | 159 | ||||
| Alternative | Investments | 157 | 158 | |||
| Cash | 60 | 86 | ||||
| Market Value at 31August | 3,248 | 3,812 |
| Within the United Kingdom |
2,015 | 2,514 |
|---|---|---|
| Outside the United Kingdom |
1,233 | 1,298 |
| Market Value at 31August | 3,248 | 3,812 |
| Analysis of Market Value by Fund: |
||
| Unrestricted | 2,935 | 3,456 |
| Restricted | 313 | 356 |
| Market Value at 31August | 3,248 | 3,812 |
| Historic Cost of Investments | 2,891 | 2,803 |
| 2022 | 2021 | ||
|---|---|---|---|
| F'000 | F'000 | ||
| Outstanding | Fees | 663 | |
| Other Debtors and Prepayments | 48 | ||
| 533 | 711 |
| 2022 | 2021 | ||
|---|---|---|---|
| E'000 | F'000 | ||
| Fees Received | in Advance | 446 | 642 |
| Trade Creditors | 10 | 23 | |
| Accruals and Deferred Income |
155 | 114 | |
| Other Tax and | Social Security | 36 | 35 |
| 647 | 814 |
| School Office | Equipment | |
|---|---|---|
| 2022 | 2021 | |
| 6'000 | f.'000 | |
| Expiry date: | ||
| Within one year | ||
| Between two and five years |
| For the year ended 31August 2022 | For the year ended 31August 2022 | For the year ended 31August 2022 | ||||
|---|---|---|---|---|---|---|
| At1 September | Investments | At 31August | ||||
| 2021 E'000 |
Income 6'000 |
Expenditure r.'000 |
Transfers f000 |
Gains 6'XO |
2022 E'000 |
|
| School | 1,273 | 2,893 | (2,813) | 5 | 1,358 | |
| hvestments | 8,466 | 170 | (434) | 235 | 8,437 | |
| Total Charay | 9,739 | 3,063 | (3,247) | 5 | 235 | 9,795 |
| For the year ended 31August 2021 | ||||||
| At I September | Investments | At 31 August | ||||
| 2020 | Income | Expenditure | Transfers | Gains | 2021 | |
| E.'000 | e000 | F'000 | e000 | E000 | 6000 | |
| School | 848 | 3,168 | (2,815) | 72 | 1,273 | |
| hvestments | 7,712 | 145 | (88) | 697 | 8,466 | |
| Total Charsy | 8560 | 3313 | 2,903) | 72 | 697 | 9,739 |
| b) Anal | ysis |
of Restr | icted Fund Mo |
vements | vements | vements | ||
|---|---|---|---|---|---|---|---|---|
| For the year ended 31August 2022 | ||||||||
| Investments | At 31August | |||||||
| Transfers E000 |
Gains F.'000 |
2022 f000 |
||||||
| Edward Waham | Dawson | Charity | 5 | (43) | 406 | |||
| Other Funds | 13 | (5) | 61 | |||||
| Total Restricted | Funds | 18 | (5 | |||||
| For the year ended 31 August 2021 | ||||||||
| At 1 September | Investments | Al 31 August | ||||||
| 2020 | Inccme | Expenditure | Transfers | Gains | 2021 | |||
| E000 | E000 | E000 | r.'000 | F000 | F'000 | |||
| Edward Waham | Dawson | Charrty | 4 | (3) | 48 | 455 | ||
| Other Funds | 116 | (72) | 53 | |||||
| Total Restricted | Funds | 415 | 120 | 72 |