## ## |Governors||J LTanner (Chair)| |---|---|---| |||Mrs H D Bastide (Deputy Chair)| |||Mrs S L Bevan| |||RP Boardman| |||Mrs C Brand| |||Ms N J Collins| |||Mrs SJ McConneil| |||J FA Reynolds| |Headmaster||FJ Llewellyn| |Charity number||801924| |Company|number|2411055| |Principal address and registered office||Danehill| |||Haywards
Heath| |||West Sussex| |||RH17 7HT| |Auditors||TC Group| |||The Courtyard| |||Shoreharn
Road| |||Upper Beeding| |||Steyning| |||West Sussex| |||BN44 3TN| |Bankers||Lloyds TSBBank PLC| |||90-101South Road| |||Haywards
Heath| |||West Sussex| |||RH194ND| |Solicitors||Cripps LLP| |||22 Mount Ephraim| |||Tunbridge
Wells| |||Kent| |||TN8 8AS| ## ## |||Page| |---|---|---| |Governors'report
(incorporating|the Strategic Report)|1| |Statement ofGovernors'responsibilities||| |Independent
auditors' report||12| |Statement offinancial activities||15| |Balance sheet||16| |Cash flowstatement||| |Notes to the accounts||18| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Designated|Restricted|Total|Total| |---|---|---|---|---|---|---|---|---| ||||Notes|funds
f|funds
6|Funds
6|2022|2021
F| |Income from:||||||||| |Donations
and legacies||||8,629|||8,629|10,986| |Other trading
activities||||81,947|||81,947|27,761| |Chaditable
activities||||5,571,905|||5,571,905|5,291,075| |Other income||||19,200|||19,200|123,299| |Total income||||5,678,682|||5,678,682|5,453,121| |~Edit||||||||| |Raising funds||||||||| |Finance costs||||69,543|||69,543|66,921| |Total cost ofraising funds||||69,543|||69,543|66,921| |Chaditable
activities||||||||| |Education||||5,586,184|||5,586,184|5,287,317| |Total expenditure||||5,655,727|||5,655,727|5,354,238| |Net income/net|movement|in funds||22,955|||22,955|118,083| |Transfer|||18|19,200||(19,200)||| |||||42,155||(19,200)|22,955|| |Fund balances|at 1 September 2021|||8,076,525|90,000|19,200|8,185,725|8,086,842| |Fund balances|at 31August 2022|||8,118,680|90,000||8,208,680|8,185,725| ## |||2022||2021|| |---|---|---|---|---|---| ||Notes|6|||| |Fixed assets|||||| |Tangible assets|12||9,294,811||9,565,912| |Currentassets|||||| |Debtors|13|205,323||259,148|| |Cash at bank and in hand||1Su,073||1,580,077|| |Creditors: amounts falling due||2,138,396||1,829,225|| |within one year|14|(1,780,092)||(1,400,313)|| |Net current assets|||378,304||428,912| |Total assets less current liabilities|||9,673,115||9,994,824| |Creditors: amounts falling due|||||| |after more than one year|15||(1,464,435)||(1,809,099)| |Netassets|||8,208,680||8,185,725| |Incomefunds|||||| |Unrestricted
funds|||8,118,680||8,076,525| |Designated
funds|19||90,000||90,000| |Restricted funds|18||||19,200| ||||8,208,680||8,185,725| ## ||||2022||2021| |---|---|---|---|---|---| ||Note||||| |Cash flows from operating
activities|21||724,271||448,374| |Cash flows from investing
activities
Financing costs||(69,543)||(66,921)|| |Tangible fixed assets
Payments toacquire tangible fixed assets|12|(54,381)||(224,845)|| |Receipts from the sale oftangible fixed assets||500||5,500|| |Net cash used in investing
activities|||(123,424)||(286,266)| |Net cash inflow before financing|||600,847||162,108| |Cash flows from financing
activities|||||| |Repayment
oflong term bank loan|15|(227,851)||(146,047)|| |Drawdown
ofCBILSloan||||450,OOO|| |Net cash inflowl(outflow)
from financing|||(227,851)||303,953| |activities|||||| |Increasel(decrease)
in cash|||372,996||466,061| |Cash and cash equivalents
at start ofyear|||1,560,077||1,094,016| |Cash and cash equivalents
at end ofyear|||1,933,073||1,560,077| |All cash is cash at bank and in hand.|||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## |6|Total expenditure||||||| |---|---|---|---|---|---|---|---| ||||Staff|Depreciation|Other|Total|Total| ||||costs||costs|2022|2021| ||||6|6|F|6|| ||Raising funds||||||| ||Finance costs||||69,543|69,543|66,921| ||Total cost of raising funds||||69,543|69,543|66,921| ||Charitable
activities||||||| ||Education||||||| ||Teaching||2,943,402|19,793|282,025|3,245,220|3,138,317| ||Welfare||215,974||494,765|710,739|591,983| ||Premises||180,459|305,699|624,309|1,110,467|1,100,502| ||Finance||||2,376|2,376|2,012| ||Support costs||389,976||127,406|517,382|454,503| ||Total charitable|activities|3,729,811|325,492|1,530,881|5,586,184|5,287,317| ||Total expenditure||3,729,811|325,492|1,600,424|5,655,727|5,354,238| ||||| |---|---|---|---| |Support cos|ts|2022|2021| |||6|| |Administrative|staff costs|389,976|338,096| |Professional fees||23,264|22,290| |Inspection costs||11,060|3,578| |Telephone||14,138|18,863| |Subscriptions||8,197|8,689| |Marketing||47,338|50,885| |Other support costs||9,946|462| |Governance|costs (note 8)|13,463|11,640| |||517,382|454,503| ## ## |||||||||2022f|2021
f| |---|---|---|---|---|---|---|---|---|---| |Audit fees||||||||11,940|9,960| |Other governance||costs β€”non-audit fees||||||1,523|1,680| |||||||||13,463|11,640| |Employees|||||||||| |Number ofemployees
The average monthly|||number|ofemployees||during the year was:||2022
Number|2021
Number| |Teaching staff||||||||80|80| |Non-teaching|staff|||||||40|41| |||||||||120|121| |The average|monthly||full-time|equivalent|number ofemployees||was:||| |Teaching staff||||||||60|60| |Non-teaching|staff|||||||25|25| |||||||||85|85| |Employment|costs|||||||2022|2021| |||||||||F|f.| |Gross salaries||||||||3β€ž047,647|3,040,903| |Employer'snationalinsurance||||||||262,291|267,930| |Pension costs||||||||419,873|354,390| |||||||||3,729,811|3,663,223| ## ||| |---|---| |2022|2021| |Number|Number| ## ## |||||Unrestricted|Designated|Restricted|Total| |---|---|---|---|---|---|---|---| ||||Notes|funds
6|funds
5|Funds|2021f| |Income from:|||||||| |Donations
and|legacies|||10,986|||10,986| |Other trading
activities|||3|27,761|||27,761| |Charitable
activities|||4|5,291,075|||5,291,075| |Other income|||5|123,299|||123,299| |Total income||||5,453,121|||5,453,121| |~E*
Cht|||||||| |Raising funds|||||||| |Finance costs||||66,921|||66,921| |Total cost ofraising funds||||66,921|||66,921| |Charitable
activities|||||||| |Education||||5,198,187||19,200|5,287,317| |Total expenditure||||5,265,108||19,200|5,354,238| |Net income/net|movement|in funds||118,083||(19,200)|98,883| |Fund balances|at 1 September 2020|||7,958,442|90,000|38,400|8,086,842| |Fund balances|at 31August 2021|||8,076,525|90,000|19,200|8,185,725| ## ## |12|Tangiblefixed assets||||| |---|---|---|---|---|---| |||Land and|Fixtures,|Motor|Total| |||buildings|fittings|vehicles|| ||||&||| ||||6||| ||Cost||||| ||At 1 September 2021|12,269,964|1,072,574|171,021|13,513,559| ||Additions|12,360|26,728|15,293|54,392| ||Disposals||(850)||(850)| ||At 31August 2022|12,282,324|1,098,462|186,314|13,567,100| ||Depreciation||||| ||At 1 September 2021|2,970,044|850,794|126,809|3,947,647| ||Charge for year|259,262|46,438|19,792|325,492| ||Eliminated
on disposals||(850)||(850)| ||At 31August 2022|3,229,306|896,382|146,601|4,272,290| ||Net bookvalue||||| ||At31August 2022|9,053,018|202,081|39β€ž713|9,294,811| ||At 31August 2021|9,299,920|221,780|44,212|9,565,912| ## ||||| |---|---|---|---| |Debtors||2022|2021| |||F|E| |Trade debtors||155,994|150,119| |Otherdebtors||29,912|96,150| |Prepayments|and accrued income|22,418|22,879| |||205,323|269,148| ## |Creditors: amounts|falling due within one year|2022|2021| |---|---|---|---| |||E|6| |Bank loans (see note|15)|249,363|152,851| |Trade creditors||65,070|82,182| |Taxes and social security costs||92,157|80,790| |Fees inadvance||747,402|528,349| |Othercreditors||481,272|370,320| |Accruals||93,897|77,171| |Deferred income -Advance fees payment scheme (see note 18)||30,930|108,650| |||1,760,092|1,400,313| ## ## |||2022
6|2021
f| |---|---|---|---| |Bank loans||1,464,435|1,788,798| |Deferred income - Advance fees payment|scheme (see note 16):||| |Due in more than one year but not more|than two years||20,301| |||1,464,435|1,809,099| |||2022|2021| |Bank loan maturity
analysis||6|F| |Debt due in one year orless||249,363|152,851| |In more than one year but not more than two years||256,475|211,883| |In more than two years but not more than|five years|715,135|790,135| |In more than five years||492,824|786,800| |||1,713,798|1,941,649| ## ## |Parents
subject
school,|may enter into a contract to pay to the school tuition fees in advance. The money may be returned
to specific
conditions
upon
the receipt of one term's
notice. Assuming
pupils
will
remain
in the
advance fees will be applied as below.|may enter into a contract to pay to the school tuition fees in advance. The money may be returned
to specific
conditions
upon
the receipt of one term's
notice. Assuming
pupils
will
remain
in the
advance fees will be applied as below.|may enter into a contract to pay to the school tuition fees in advance. The money may be returned
to specific
conditions
upon
the receipt of one term's
notice. Assuming
pupils
will
remain
in the
advance fees will be applied as below.|may enter into a contract to pay to the school tuition fees in advance. The money may be returned
to specific
conditions
upon
the receipt of one term's
notice. Assuming
pupils
will
remain
in the
advance fees will be applied as below.|may enter into a contract to pay to the school tuition fees in advance. The money may be returned
to specific
conditions
upon
the receipt of one term's
notice. Assuming
pupils
will
remain
in the
advance fees will be applied as below.| |---|---|---|---|---|---| |||||2022|2021| ||||||F| |Amounts|due within one year|||30,930|108,650| |Amounts|due after more than one but less than two years||||20,301| |||||30,930|128,951| |The balance represents
the accrued||liability under the contracts.|The movements|during the year were:|| |Balance|as at 1 September 2021|||128,951|123,559| |Amounts|received
in year|||24,710|88,748| |Amounts|credited to pupil accounts forfees|||(122,731)|(83,356)| |Balance|as at 31August 2022|||30,930|128,951| ## ## ## ## ## ## |Share capital||||||||| |---|---|---|---|---|---|---|---|---| |The company
is limited by
up and
being
unable
to
required
up toa maximum|guarantee
and does not have share
meet its liabilities,
each member
ofF1each. The company
is under||||capital. In
undertakes
the control|the event ofthe company being wound
to contribute
such sums as may be
ofthe board ofGovernors.||| |Net cash inflow from operating
activities|||||||2022|2021| ||||||||E|E| |Reconciliation
to changes|in resources|||||||| |Changes
in resources|||||||22,955|98,883| |Financing costs|||||||69,543|66,921| |Depreciation
oftangible fixed assets|||||||325,494|379,508| |(Profit)/loss
on disposal of|tangible fixed assets||||||(500)|(5,500)| |(Increase)/decrease
in debtors|||||||63β€ž825|(88,004)| |Increase/(decrease)
in creditors|||||||242,954|(3,434)| ||||||||724,271|448,374| |22|Analysis ofnet assets between funds|Analysis ofnet assets between funds|Unrestricted|Designated|Restricted|Total| |---|---|---|---|---|---|---| ||||funds|funds|funds|| ||Fund balances at|31August 2022 are represented|6|6|6|| ||by:|||||| ||Tangible fixed assets||9,294,811|||9,294,811| ||Current assets||2,048,396|90,000||2,138,396| ||Creditors: amounts|falling due within one year|(1,757,089)|||(1,757,089)| ||Creditors: amounts
year|falling due after more than one|(1,467,438)|||(1,467,438)| ||||8,118,580|90,000||8,208,680| ||Fund balances at|31August 2021 are represented||||| ||by:|||||| ||Tangible fixed assets||9,546,712||19,200|9,565,912| ||Current assets||1,739,225|90,000||1,829,225| ||Creditors: amounts
Creditors: amounts
year|falling due within one year
falling due after more than one|(1,400,313)
(1,809,099)|||(1,400,313)
(1,809,099)| ||||8,076,525|90,000|19,200|8,185,725| ## |At 31 August 2022 the company
had total commitments|under non-cancellable
operating
leases|as follows:| |---|---|---| ||2022f|2021
6| |Expiry date:||| |Within one year|39,360|43,410| |Between one and two years|37,560|34,410| |Between two and five years|46,008|65,690| ||122,928|143,510| ## ##