2023-08-31-accounts - Hill House School Limited

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Trustees		Mrs JFeams
		R P Leggott
		JA LSprenger
		DrA Cooper
		N R Ebden
		Prof J Pickering
		A Ogley
		A Joshi
		R Blakemore
		Dr KRao	(Appointed	28 September
			2022}
Charity number		529420
Company	number	00908443
Registered	oNce	Sixth Avenue
		Auckley
		Doncaster
		DN9 3GG
Auditor		Warrens GBC Ltd
		Chartered Certified Accountants
		33Thorne Road
		Doncaster
		DN1 2HD
Bankers		Virgin Money
		19StSepulchre Gate
		Ooncaster
		South Yorkshire
		DN1 1SJ
		Close Brothers Savings
		10Crown Place
		London
		EC2A 4FT
Solicitors		Knights Pic
		Majestic
		City Square
		Leeds
		West Yorkshire
		LS1 2EF

Current financial year			Unrestricted	Total
			funds
			2023	2022
		Notes
Income and endowments	from:
Grants, donations and legacies			3,000	2,077
Charitable activities			8,460,218	7,794,036
Other trading activities			157,007	139,484
Investments			244,916	146,109
Other income			14,826	15,531
Total income			8,879,967	8,097,237
Charitable activities			7,951,205	7,309,728
Net income and movement	in funds		928,762	787,509
Reconciliation offunds:
Fund balances at 1 September 2022			9,?45,717	8,958,208
Fund balances at 31August 2023			10,674,479	9,745,717

Prior financial year			Unrestricted	Restricted	Total
As restated			funds	funds
			2022	2022	2022
		Notes
Income and endowments	from:
Grants, donations and legacies				2,077	2,077
Charitable activities			7,794,036		7,794,036
Other trading activities			139,484		139,484
Investments			146,109		146,109
Other income			15,531		15,531
Total income			8,095,160	2,077	8,097,237
Charitable activities			7,307,651	2,077	7,309,728
Net income and movement	in funds		787,509		?87,509
Reconciliation offunds:
Fund balances at 1 September 2021
As originally reported			8,689,050	269,158	8,958,208
Prior year adjustment			269,158	(269,158)
As restated
Fund balances at 1 September 2021			8,958,208		8,958,208
Fund balances at 31August 2022			9,?45,717		9,745,717

					2023	2022
				Notes
						As restated
Cash flows from operating		activities
Cash generated from operations				30	1,002,988	1,258,238
Investing activities
Purchase oftangible fixed	assets				(1,100,801)	(387,234)
Monies (invested in) / withdrawn			from 95day
corporate notice account					(1,003,503)	3,503
Investment income received					211,377	146,109
Net cash used in investing		activities			(1,892,92?)	(237,622)
Financing activities
Proceeds from new bank	loans				800,000
Repayment ofbank loans					(354,884)	(318,677)
Net cash generated from/(used			in)
financing activities					445,116	(318,677)
Net (decrease)/increase	in	cash and cash
equivalents					(444,823)	701,939
Cash and cash equivalents		at beginning		ofyear	1,859,229	1,157,290
Cash and cash equivalents		at end of		year	1,414,406	1,859,229
Relating to:
Cash at bank and in hand					1,414,406	1,859,229

		Unrestricted	Unrestricted
		funds	funds
		2023	2022
Rental income		164,574	137,678
Investment	interest receivable - 95 day deposit account	43,077
Interest receivable		37,265	8,431
		244,916	146,109

				Teaching	Teaching
				2023	2022
					As restated
					f.
Direct costs
Staff costs				5,108,386	4,?03,8?6
Depreciation and		impairment		242,073	219,094
Catering costs				552,219	462,261
Academic costs	8 games			228,005	176,442
Teaching and student other costs				273,288	247,190
Running ofschool		other costs		481,995	413,623
Premises costs				638,103	750,349
Interest payable	and similar charges			323,821	260,489
Supply teaching,	staff benefits and associated costs			94,145	70,084
				?,942,035	7,303,408
Share ofsupport		and governance	costs (see note 11)
Governance				9,170	6,320
				7,951,205	7,309,728
Analysis by fund
Unrestricted funds				7,951,205	7,307,651
Restricted funds					2,077
				7,951,205	7,309,728

The average	monthly	number ofemployees during the year	was:
			2023	2D22
			Number	Number
Teaching			97	93
Administration			16	16
Maintenance	8 Drivers		19	16
Total			132	125
Employment	costs		2023	2022
			F
Wages and salaries			4,033,966	3,697,694
Social security	costs		396,61Q	375,244
Deffined contribution		pension costs	677,810	630,938
			5,108,386	4,703,876

2023	2022
Number	Number

Creditors: amounts f	alling due within one year
			2023	2022
		Notes
Bank loans		23	389,495	350,609
Other taxation and social security			105,378	95,010
Trade creditors			229,991	295,235
Term fees paid in advance			955,403	852,081
Other creditors			487,961	436,621
Accruals and deferred	income		442,957	421,177
			2,611,185	2,450,733

22	Creditor	s: amoun	ts falling due after more than one year
					2023	2022
				Notes	E
	Bank loans			23	5,090,948	4,684,718
23	Loans and overdraffs
					2023	2022
					f.
	Bank loans				5,480,443	5,035,32?
	Payable	within one year			389,495	350,609
	Payable	after one	year		5,090,948	4,684,718
	Amounts	included	above which fall due after five years:
	Payable	by instalments			2,340,513	2,714,530

	At 1	Incoming	Resources	At 31August
	September	resources	expended	2023
	2022
General funds	9,745,717	8,879,967	(7,951,205)	10,674,479
	At 1	Incoming	Resources	At 31August
	September	resources	expended	2022
	2021
As Restated
General funds	8,958,208	8,095,160	(7,307,651)	9,745,717
Analysis ofnet assets between funds
				Unrestricted
				funds
				2023
Fund balances at 31August 2023 are represented	by:
Tangible assets				14,475,389
Current assetst(liabilities)				1,290,038
Long term liabilities				(5,090,948)
				10,674,479


30	Cash generated	fro	m	operat	ions					2023	2022
											As restatedf
	Surplus for the year									928,762	787,509
	Adjustments for:
	Investment income recognised				in statement		offinancial	activities		(244,916)	(146,109)
	Depreciation and	impairment			oftangible	fixed assets				242,073	219,094
	Movements in working			capital:
	Decrease/(increase)		in	stocks						1,680	(2,930)
	(Increase) in debtors									(46,177)	(86,545)
	Increase in creditors									121,566	487,219
	Cash generated	from		operations						1,002,988	1,258,238
31	Analysis ofchanges			in net (debt}/funds
									At 1 September	Cash flows	At 31August
									2022		2023
									As restated
									f.
	Cash at bank and	in	hand						1,859,229	(444,823)	1,414,406
	Loans falling due	within		one year					(350,609)	(38,886)	(389,495)
	Loans falling due	after		more than one year					(4,684,718)	(406,230)	(5,090,948)
									(3,176,098)	(889,939)	(4,066,037)