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|Trustees'|report||1-10|
|Independent
auditor's||report|11 - 14|
|Statement|offinancial|activities|15|
|Statement|offinancial|position|16|
|Statement|ofcash flows||17|
|Notes to|the financial|statements|18-29|
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||||2023|2022|
|---|---|---|---|---|
|||Notes|E|F|
|Income and endowments|from:||||
|Donations
and legacies|||25,963|20,773|
|Charitable
activities|||8,259,733|7,585,398|
|Investments|||85,207|2,924|
|Other income|||28,838|105,524|
|Total income|||8,399,741|7,714,619|
|Ex enditure on:|||||
|Charitable
activities|||7,495,864|7,165,251|
|Net income for the year/|||||
|Net movement
in funds|||903,877|549,368|
|Fund balances at 1 September 2022|||10,893,692|10,344,324|
|Fund balances at 31August 2023|||11,797,569|10,893,692|
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||||||2023|2022|
|---|---|---|---|---|---|---|
|||||Notes||f|
|Fixed assets|||||||
|Property,|plant and|equipment|||6,413,044|6,603,060|
|Current|assets||||||
|Debtors|falling due|after one year||13|203,000|218,000|
|Debtors|falling due|within|one year|13|163,083|119,902|
|Cash at|bank and|in hand|||6,884,218|6,090,954|
||||||7,250,301|6,428,856|
|Current|liabilities|||14|(705,489)|(1,031,012)|
|Net current assets|||||6,544,812|5,397,844|
|Total assets less||current|liabilities||12,957,856|12,000,904|
|Non-current
liabilities||||15|(1,160,287)|(1,107,212)|
|Net assets|||||11,797,569|10,893,692|
|Income|funds||||||
|Unrestricted
funds|||||||
|Designated
funds||||17|90,000|45,000|
|General|unrestricted
funds||||11,707,569|10,848,692|
||||||11,797,569|10,893,692|
||||||11,797,569|10,893,692|
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||||||||2023||2022||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Notes|||||
|Cash flows from operating||||activities|||||||
|Cash generated||from|operations|||22||1,106,453||1,300,922|
|Investing|activities||||||||||
|Purchase|of property,||plant|and equipment|||(417,896)||(295,017)||
|Proceeds|on disposal||of property,||plant|and|||||
|equipment|||||||19,500||4,500||
|Interest received|||||||85,207||2,924||
|Net cash|used|in investing||activities||||(313,189)||(287,593)|
|Net cash|used|in financing||activities|||||||
|Net increase
in||cash|and cash||equivalents|||793,264||1,013,329|
|Cash and|cash|equivalents||at beginning||ofyear||6,090,954||5,077,625|
|Cash and|cash|equivalents||at|end of|year||6,884,218||6,090,954|
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|3|Donations
and leg|acies||||
|---|---|---|---|---|---|
|||||2023|2022|
||Donations
and gifts|- Fundraising|events|25,963|20,773|
|4|Charitable
activities|||||
|||||2023|2022|
||School fees|||7,647,354|6,939,007|
||Extra lessons/clubs/trips|||271,860|348,147|
||School registration|fees||21,712|25,600|
||Discounts
given|||(125,573)|(123,894)|
||Catering|||444,380|388,250|
||Other income||||8,288|
|||||8,259,733|7,585,398|
|5|Investments|||||
|||||2023|2022|
||Interest receivable|||85,207|2,924|
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|Other income||||||
|---|---|---|---|---|---|
|||||2023|2022|
|Net gain on disposal oftangible|||fixed assets|19,500|4,500|
|Other income||||9,338|101,024|
|||||28,838|105,524|
|Charitable
activities||(School operating costs)||||
|||||2023f|2022|
|Staff costs||||4,899,402|4,634,090|
|Depreciation||||607,911|599,836|
|Class materials
and lesson costs||||454,017|472,462|
|Catering costs||||352,401|376,936|
|Charitable
donations||||14,273|22,096|
|Staff welfare||||98,077|88,300|
|Playing
fields|rental|||175,071|162,850|
|Establishment|costs|||590,620|544,370|
|Legal and professional||fees||44,745|54,205|
|Sundry expenses||||18,817|18,573|
|Advertising
and marketing||||76,298|41,778|
|Computer
and printing||costs||103,123|73,894|
|Entertaining||||692|32,254|
|Other charitable
expenditure||||50,817|34,607|
|||||7,486,264|7,156,251|
|Governance|costs (see note 8)|||9,600|9,000|
|||||7,495,864|7,165,251|
|Analysis
by|fund|||||
|Unrestricted|funds|||7,495,864||
|||||7,495,864||
|For the year|ended 31August||2022|||
|Unrestricted|funds||||7,165,251|
||||||7,165,251|
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|||2023|2022|
|---|---|---|---|
|||F||
|Audit|fees|9,600|9,000|
|||9,600|9,000|
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|||||2023|2022|
|---|---|---|---|---|---|
|||||Number|Number|
|Teaching
and|support|staff||83|84|
|Administration,|IT and|catering|staff|14|13|
|||||97|97|
|Employment|costs|||2023|2022|
||||||f.|
|Wages and salaries||||3,839,784|3,613,864|
|Social security|costs|||413,935|391,100|
|Other pension|costs|||645,683|629,126|
|||||4,899,402|4,634,090|
|The number ofemployees
whose annual
remuneration|was 260,000 or more were:||
|---|---|---|
||2023|2022|
||Number|Number|
|260,000 - 869,999|4|3|
|f70,000- F79,999|3|1|
|280,000 - 289,999||2|
|f90,000 - 699,999|||
|E100,000 - 2109,999|||
|2110,000+|||
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|11|Property,
plant and equipment|Property,
plant and equipment|Property,
plant and equipment||||||
|---|---|---|---|---|---|---|---|---|
||||||Freehold|Fixtures and|Computers|Total|
||||||buildings|fittings|||
||||||f|F|||
||Cost||||||||
||At 1 September 2022||||10,436,489|1,586,516|556,751|12,579,756|
||Additions||||179,201|83,368|155,327|417,896|
||Disposals|||||(76,638)|(195,010)|(271,648)|
||At 31August|2023|||10,615,690|1,593,246|517,068|12,726,004|
||Depreciation|and impairment|||||||
||At 1 September 2022||||4,408,568|1,069,456|498,672|5,976,696|
||Depreciation|charged|in the year||368,283|182,969|56,660|607,912|
||Eliminated
in|respect|ofdisposals|||(76,638)|(195,010)|(271,648)|
||At 31August|2023|||4,776,851|1,175,787|360,322|6,312,960|
||Carrying
amount||||||||
||At 31August|2023|||5,838,839|417,459|156,746|6,413,044|
||At 31August|2022|||6,027,921|517,060|58,079|6,603,060|
||The carrying|value of|land included|in land and buildings|comprises:||||
||||||||2023|2022|
||Freehold||||||1,000,000|1,000,000|
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|12|Financial
instruments|Financial
instruments|||||2023f|2022f|
|---|---|---|---|---|---|---|---|---|
||Carrying
amount|offinancial|||assets||||
||Debt instruments|measured||at|amortised|cost|276,715|287,067|
||Carrying
amount|offinancial|||liabilities||||
||Measured
at amortised||cost||||1,865,776|2,039,498|
|13|Trade and other|receivables|||||||
||Amounts
falling|due|within|one year:|||2023f|2022f|
||Trade receivables||||||56,784|54,067|
||Other receivables||||||16,931|15,000|
||Prepayments
and|accrued income|||||89,368|50,835|
||||||||163,083|119,902|
||Amounts
falling|due|after|more than one year:|||2023f|2022|
||Other receivables||||||203,000|218,000|
||Total debtors||||||366,083|337,902|
|14|Current
liabilities||||||||
||||||||2023f|2022f|
||Other taxation and social security|||||||98,726|
||Trade payables||||||124,595|174,378|
||Other payables||||||175|175|
||Accruals and deferred||income||||580,719|757,733|
||||||||705,489|1,031,012|
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||The remuneration
ofkey manageme|nt
pe|rso|nnel
is|as f|ollows.||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2023f|2022f|
||Aggregate
compensation|||||||509,048|532,654|
||The School paid f729 for insurance|for professional|||indemnity||and governors'|liability (2022:f672).||
|22|Cash generated
from operations|||||||2023f|2022f|
||Surplus for the year|||||||903,877|549,368|
||Adjustments
for:|||||||||
||Investment
income recognised
in statement|||offinancial||activities||(85,207)|(2,924)|
||Gain on disposal of property,
plant and equipment
Depreciation
and impairment
of property,
plant and||||equipment|||(19,500)
607,911|(4,500)
599,836|
||Movements
in working
capital:|||||||||
||(Increase)/decrease
in trade and other receivables|||||||(28,180)|32,349|
||(Decrease)/increase
in trade and other payables|||||||(272,448)|126,793|
||Cash generated
from operations|||||||1,106,453|1,300,922|
|23|Analysis
ofchanges
in net funds|||||||||
||The School had no debt during the|year.||||||||