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2023-08-31-accounts

ReferenceandAdministrativeDetailsoftheCharitableCompany,itsTrusteesand
Advisers
Trustees’Report
IndependentAuditors’ReportontheFinancialStatements
StatementofFinancialActivities
BalanceSheet
StatementofCashFlows
NotestotheFinancialStatements 17
-32
DesignatedTrustees ESHames
BEBaker
ATurner,Chair
EMFitzgibbons
GPHumphries
AWalford
ONewhall
AR
Kitley
LGrabau(appointed22March2023)
AJGear(appointed22March2023)
Companyregistered
number 02485159
Charityregistered
number 803481
Registeredoffice BurysCourt
FlanchfordRoad
Leigh
Reigate
Surrey
RH2 8RE
Companysecretaryand TLCaveney
Bursar
ExecutiveHead MCatterson
Independentauditors KrestonReevesLLP
CharteredAccountants
StatutoryAuditor
SpringfieldHouse
SpringfieldRoad
Horsham
WestSussex
RH122RG
Bankers BarclaysBankPic
87/99HighStreet
Dorking
Surrey
RH28RE

Unrestricted Total Total
funds funds funds
2023 2023 2022
Note £ £ £
Incomefrom:
Donationsandlegacies 810 810 34,835
Charitableactivities
-Education
5,144,317 5,144,317 4,597,806
Investments 16,327 16,327 -
Totalincome 5,161,454 5,161,454 4,632,641
Expenditureon:
Charitableactivities 4,481,543 4,481,543 3,870,943
Totalexpenditure 4,481,543 4,481,543 3,870,943
Netmovementinfunds 679,911 679,911 761,698
Reconciliationoffunds:
Totalfundsbrought forward 2,811,345 2,811,345 2,049,647
Netmovementinfunds 679,911 679,911 761,698
Totalfundscarried forward 3,491,256 3,491,256 2,811,345

2023 2022
Note
Fixedassets
Intangibleassets 11
Tangibleassets 12 3,490,868 3,142,747
3,490,872 3,142,751
Currentassets
Debtors 13 192,184 1,413,720
Cashatbankandinhand 19 2,118,292 1,846,535
2,310,476 3,260,255
Creditors:amountsfallingduewithinone
year
14 (801,512) (2,032,434)
Netcurrentassets 1,508,964 1,227,821
Totalassetslesscurrentliabilities 4,999,836 4,370,572
Creditors:amountsfallingdueaftermore
thanoneyear
15 (1,508,580) (1,559,227)
Totalnetassets 3,491,256 2,811,345
Charityfunds
Restrictedfunds 16
Unrestrictedfunds 16 3,491,256 2,811,345
Totalfunds 3,491,256 2,811,345

2023 2022
Note £ E
Cashflowsfromoperatingactivities
Netcashusedinoperatingactivities 18 945,537 789,083
Cashflowsfrominvestingactivities
Interestincomereceived 16,327 -
Purchaseoftangiblefixedassets (529,509) (1,150,618)
Netcash usedininvestingactivities (513,182) (1,150,618)
Cashflowsfromfinancingactivities
Cashinflowsfromnewborrowing - 1,052,440
Repaymentsofborrowing (67,755) (57,950)
Loaninterestpaid (92,843) (43,742)
Netcash(usedin)/providedbyfinancingactivities (160,598) 950,748
Changeincashandcashequivalentsintheyear 271,757 589,213
Cashandcashequivalentsatthebeginningoftheyear 1,846,535 1,257,322
Cashandcashequivalentsattheendoftheyear 19 2,118,292 1,846,535
Thenotesonpages17to32formpartofthesefinancialstatements

Unrestricted Restricted Total
funds funds funds
2023 2023 2023
£ £ £
810 - 810
Restricted Total
funds funds
2022 2022
£ £
34,835 34,835

Unrestricted
funds
2023
£
Netfee incomeafterbursaries- Education 5,144,317 5,144,317 4,597,806

Unrestricted
funds
2023
£
Bankinterestreceivable 16,327

Unrestricted
funds
2023
£
4,481,543 4,481,543 3,870,943

Activities
undertaken Support Total
directly costs funds
2023 2023 2023
£ £ £
Education 4,298,031 183,512 4,481,543
Activities
undertaken Support Total
directly costs funds
2022 2022 2022
£ £ £
Education 3,721,969 148,974 3,870,943
Analysisofdirectcosts
Total Total
Education funds funds
2023 2023 2022
£ £ £
Staffcosts 2,912,219 2,912,219 2,526,334
Depreciation 179,912 179,912 162,756
Otherdirectcosts 1,205,900 1,205,900 1,032,879
4,298,031 4,298,031 3,721,969
Analysisofsupportcosts
Total Total
Education funds funds
2023 2023 2022
£ £ £
Finance 93,738 93,738 61,939
Othersupportcosts 13,334 13,334 33,962
Governancecosts 76,440 76,440 53,073
183,512 183,512 148,974

2023 2022
£ £
Wagesandsalaries 2,376,717 2,061,894
Socialsecuritycosts 234,606 200,089
Contributiontodefinedcontributionpensionschemes 300,896 264,351
2,912,219 2,526,334
2023 2022
No. No.
Teachers 46 45
Administration 33 33
79 78
2023 2022
No. No.
In the band£60,001 - £70,000 1 1
In the band£70,001 - £80,000 - 4
In the band£80,001 - £90,000 1 -
In the band£90,001 - £100,000 - 1
In the band£100,001 -£110,000 1 -

Total 4,289,198 529,509 (1,968) 4,816,739 1,146,451 179,912 (492) 1,325,871 3,490,868 3,142,747
Improvement toProperty £ 968,790 8,130 976,920 198,494 47,530 246,024 730,896 770,296
Computer equipment £ 304,329 66,432 (1,968) 368,793 210,989 56,055 (492) 266,552 102,241 93,340
Plantand machinery £ 151,046 65,950 216,996 116,348 100,648 54,876
Assets under construction £ 388,997 388,997 388,997
MoonHallSchoolsEducationalTrust (ACompanyLimitedbyGuarantee) Freehold property £ 2,865,033 2,865,033 640,798 56,149 696,947 2,168,086 2,224,235
NotestotheFinancialStatements FortheYearEnded31August2023 12.
Tangiblefixedassets
Costorvaluation At1September2022 Additions Disposals At31August2023 Depreciation At
1September2022
Chargefortheyear Ondisposals At31August2023 Netbookvalue At31August2023 At31August2022

2023
£
2022
£
Duewithinoneyear
Tradedebtors 28,300 1,344,046
Otherdebtors 48,050 4,322
Prepaymentsandaccruedincome 115,834 65,352
192,184 1,413,720
Creditors:Amountsfallingduewithinoneyear
2023
£
2022
£
Bankloans 76,873 80,431
Tradecreditors 155,943 102,710
Feedepositsheld 13,000 16,250
Othercreditors 365,642 20,713
Accruals 190,054 253,817
Deferredincome : 1,558,513
801,512 2,032,434
Deferredincomerepresentsfeespaidfortheautumnterm.
2023
£
2022
£
Deferredincomeat
1September2022
1,558,513 1,380,006
Resourcesdeferredduringtheyear 2 1,558,513
Amountsreleasedfrompreviousperiods (1,558,513) (1,380,006)
Deferredincomeat31August2023 1,558,513

2023 2022
£ £
Bankloans 1,409,230 1,473,427
Othercreditors 99,350 85,800
1,508,580 1,559,227
Includedwithintheaboveareamountsfallingdueasfollows:
2023 2022
£ £
Betweenoneandtwoyears
Bankloans 79,298 82,543
Betweentwo andfiveyears
Bankloans 254,124 262,752
Overfiveyears
Bankloans 1,075,808 1,128,132

Balanceat 1 Balanceat
September 31August
2022 Income Expenditure 2023
E £ £ £
Unrestrictedfunds
GeneralFund 2,811,345
5,161,454
(4,481,543) 3,491,256
Restrictedfunds
Restrictedfunds : ; " ;
Totaloffunds 2,811,345 5,161,454 (4,481,543) 3,491,256
Statementoffunds-prioryear
Balanceat
1September
Transfers Balanceat
31August
2021 Income Expenditure in/out 2022
£ £ £ £ £
Unrestrictedfunds
Designatedfunds
MoonHalljuniorschool
designatedcapitalfund 307,894 - - (307,894) -
Generalfunds
GeneralFund 1,741,753 4,597,806 (3,870,943) 342,729 2,811,345
TotalUnrestrictedfunds 2,049,647 4,597,806 (3,870,943) 34,835 2,811,345
Restrictedfunds
MUGA - 30,000 - (30,000) -
Otherrestricteddonations - 4,835 - (4,835) -
- 34,835 - (34,835) -
Totaloffunds 2,049,647 4,632,641 (3,870,943) - 2,811,345
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Unrestricted Total
funds funds
2023 2023
£ £
Tangiblefixedassets 3,490,868 3,490,868
Intangiblefixedassets 4 4
Currentassets 2,310,476 2,310,476
Creditorsduewithinoneyear (801,512) (801,512)
Creditorsdueinmorethanoneyear (1,508,580) (1,508,580)
Total 3,491,256 3,491,256

Unrestricted Total
funds funds
2022 2022
£ z
Tangiblefixedassets 3,142,747 3,142,747
Intangiblefixedassets 4 4
Currentassets 3,260,255 3,260,255
Creditorsduewithinoneyear (2,032,434) (2,032,434)
Creditorsdueinmorethanoneyear (1,559,227) (1,559,227)
2,811,345 2,811,345

18. ReconciliationofnetmovementinfundstonetcashflowfromOperating ReconciliationofnetmovementinfundstonetcashflowfromOperating ReconciliationofnetmovementinfundstonetcashflowfromOperating activities
2023
£
2022
£
Netincomefortheyear(asperStatementofFinancialActivities) 679,911 761,698
Adjustmentsfor:
Depreciationcharges 179,912 162,755
Interestpayable 92,843 43,742
Bankinterestreceivable (16,327)
.
Lossonthesaleoffixedassets 1,476 10,584
(Increase)/Decreaseindebtors 1,221,536 (231,245)
Increase/(Decrease)increditors (1,213,814)
41,549
Netcashprovidedbyoperatingactivities 945,537 789,083
19. Analysisofcashandcashequivalents
2023
£
2022
£
Cashinhand 2,118,292 1,846,535
Totalcashandcashequivalents 2,118,292 1,846,535
20. Analysisofchangesinnetdebt
At 1
September At31
2022 Cashflows August2023
Cashatbankandinhand 1,846,535 £
£
271,757
£
2,118,292
Debtduewithin
1year
(80,431) 3,558 (76,873)
Debtdueafter1year (1,473,427) 64,197 (1,409,230)
292,677 339,512 632,189

2023 2022
£: £
Notlaterthan
1year
88,402 82,234
Laterthan 1 yearandnotlaterthan5years 89,154 103,108
Laterthan 5 years - 4,836
177,556 190,178