##
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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|||
##
|||Page|
|---|---|---|
|Trustees'
report|||
|Independent
auditor's|report||
|Statement offinancial|activities||
|Balance sheet||15|
|Statement ofcash flows||16|
|Notes to the financial|statements|17-30|
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|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|
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|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|
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|||||||2023|2023||2022|
|---|---|---|---|---|---|---|---|---|---|
||||||||||As restated|
||||||Notes|||||
|Fixed assets||||||||||
|Tangible assets|||||16||14,475,389||13,616,661|
|Current assets||||||||||
|Stocks|||||18|15,728|||17,408|
|Debtors|||||19|452,413|||391,373|
|Investments|||||20|2,018,676|||996,497|
|Cash at bank|and|in|hand|||1,414,406|||1,859,229|
|||||||3,901,223|||3,264,507|
|Creditors: amounts|||falling due within||21|||||
|one year||||||2,611,185|||2,450,733|
|Net current assets|||||||1,290,038||813,774|
|Total assets|less|current liabilities|||||15,765,427||14,430,435|
|Creditors: amounts|||falling due after|||||||
|more than one year|||||22||{5,090,948)||{4,684,718)|
|Net assets|||||||10,674,479||9,745,71?|
|The funds ofthe||charity||||||||
|Unrestricted|funds||||||10,674,479||9,745,?17|
||||||||10,674,479||9,745,717|
|The notes on pages|||17to 30form part||ofthese financial|statements.||||
|The financial|statements|||were approved|by the trustees|on ...........'.......'.......
I
9U||||
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||||||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|
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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2023|2022|
|||||K|
|Pupil|bus|fares|157,007|139,484|
|||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|
|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2023|2022|
|Sundry|income|14,826|15,531|
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|||||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|
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|Support|co|sts allocated to activities|||
|---|---|---|---|---|
||||2023|2022|
|||||K|
|Governance||costs|9,170|6,320|
|Analysed|between:||||
|Teaching|||9,170|6,320|
##
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|Support cos|s allocated to ac|ivities||||(Continued)|
|---|---|---|---|---|---|---|
||||||2023|2022|
|Governance|costs comprise:||||E||
|Audit fees|||||9,170|6,320|
||||||9,170|6,320|
|Net movement
in funds|||||2D23|2022|
|Net movement|in funds is stated|after charging/(crediting)|||||
|Fees payable|for the audit ofthe charity's||financial|statements|9,170|6,320|
|Depreciation|ofowned tangible|fixed assets|||242,073|219,094|
|Operating
lease charges|||||65,923|71,024|
##
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|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|
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|2023|2022|
|---|---|
|Number|Number|
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|Tangible fix|ed assets|||||||
|---|---|---|---|---|---|---|---|
||||Freehold
land|Leasehold|Fixtures and||Total|
||||and buildings|land and|fittings|||
|||||buildings||||
|Cost||||||||
|At 1 September 2022|||721,202|13,423,785|1,413,002||15,557,989|
|Additions|||776,706|94,224|211,671|18,200|1,100,801|
|At 31August|2023||1,497,908|13,518,009|1,624,6?3|18,200|16,658,790|
|Depreciation|and impairment|||||||
|At 1 September 2022|||275,298|694,394|971,636||1,941,328|
|Depreciation|charged|in the year|35,371|87,935|118,767||242,073|
|At 31August|2023||310,669|782,329|1,090,403||2,183,401|
|Carrying
amount||||||||
|At 31August|2023||1,187,239|12,?35,680|534,270|18,200|14,475,389|
|At 31August|2022||445,904|12,729,391|441,366||13,616,661|
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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
|||||||||As restated|
||Carrying|amount offinancial assets|||||||
||Instruments||measured||at fair value through|profit or loss|2,018,676|996,497|
|18|Stocks||||||||
||||||||2023|2022|
|||||||||E|
||Food and||consumables||||15,728|17,408|
|19|Debtors||||||||
||||||||2023|2022|
||Amounts||falling due||within one year:|||R|
||Trade debtors||||||201,331|239,150|
||Other debtors||||||36,133|21,270|
||Prepayments|||and accrued income|||214,949|130,953|
||||||||452,413|391,373|
|20|Current|asset||investments|||||
||||||||2023|2022|
|||||||||As restated|
||Unlisted|investments|||||2,018,676|996,497|
##
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|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|
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||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|
##
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||2023|2022|
|---|---|---|
||E||
|Within one year|65,000|61,961|
|Between two and five years|36,838|63,555|
||101,838|125,516|
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|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|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)|