REGISTERED CHARITY NUMBER.. 103712 Repoit of the Tru5teesand Unaudited Flnanclal Statements for the Year Ended 31 August 2022 for HOLYWOOD STEINERSCHOOL LIMITED M.B.McfJrady & Q> artered Accountants Suite ZB Cadogan House 322 Lisburn Road Belfast Co. Antrim BT9 6GH
Contents of the Financial Statements FOR THEYEARENDED 31AUGUST2022 Page Report of the Trustees Independent Examiner's Report 6 to 7 Statement of Flnanclal Activlttes Balance Sheet 9 to 10 Notes to the Financial Statemen¢S 11 to 18 Detalled Statement of Flnandal Acllvltle5 19 to 20
Report ofthe Trustees FOR THE YEARENDED 31 AUGUST2022 The trustees wlio are a150 directors of the charity for the purposes OF the Cornpanles Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2022. The trusiees have adopted the provisions of Accounting and Reporting by Chariues.. Ststement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting St)dard applicable in the UK and Republic of Ireland IFRS 102) [effective I lanllary 2019)- OBJECTIVES AND AcfiviTIES ObloctAVQS and aims To advance the education of children based on Steltter Wxldorf princlples, philosophy. curriculum and teaching approacli that place emphasis on the developwnent of the whole child, including a child'5 spirhtual. physical and eTllOtional wellbeit)g and social develupTnenL as well as herlliis arddemic pro%iess by the provision ofa scliool foi. children from prescliool age to 17 yoars living in Northem Ireland and by any other charitsble means as the directors shall cotL51der appi'opriate. Within these objertives. the school stiives to provlde an exptiOnal education using the Steiner I Waldorf cun'iculum for childreii from 2 years and ten month5 to 14 years of age. For childreD between 14 and 17 years Df age. the school strives to provide an exceptÉonal educauon incorporating aspects of both the Srelner curriculum and the curriculum as defined by the Deparnment of Education in Northern Ireland. It Is intondod to provide an envIlNMent wheie each student can develop and fulfill hls or her individual tential and at the same LiTne contribute to the whole community- The Trustees have pald due regard to Ruidance issued by the Charity Conimission in derkding what actlvlties the eliarlty should undertake. The objeLtive for rhe school during the year Was to continue to provide a quallty SteSnerlWaldorf ediiration in the Early Years and tA)wer School and to provide a quality education balanced between a Steiner Curi'lculum and the Natlonal Curriculuni in the Upper School. An additional objertive was to devel()p further the school's strategic plan and to continue to increase the numbÈi' of students enmllLd whlle malntsining an environment wnducive to delivering a quality Steiner educatLOn. Inci'easing the school's enrolment has generated much needed additlonal Sncome, ensurlllg financial vlability and sustainability. The capacity for 8rowth Is also recognised as key to Sncreaslng salaries forteacher& Another strand the Board of'frustees. Strategic objertives for thls year has been to continue an ongoli)g revlew of governance and management within the school, with specific objectives of strearnllning day-to-day Inarlagement and decision making wthln the School. improving managemenl re%ponsibilitSes across mandated or remlt gIup5 within the teachlng staff, and lormalislng inductlon and ongolng tralning lor Trustees within the Buar The recruitmeijt of a Head teacher last year and the ongoin8 delivery of this key role has ensurcd day to day operatio1 have returned to the care of the school leadership and admin team. The Board of Trustees has slnce lurned its attention to a more strateg( overview of the schooL ilsdevelopmentand Its current nee(ts.
Report of the Trustees FOR THEYEAR ENDED 31 AUGusf 2022 OBIEcfivESAND ACTIVITIES SigBitlcantactlvilies This yeilf PUF)il nutnbers tontinued to increase. In totsl during this period the school's enrolment was 127 studei)ts. The school provided education for 17 students in the kindergarten pJx>grarnme for children from 4. to 6 years of aEe and in the l.owei- School there were 59 children from the age of 6 to 14 in Classes I tlirough 7. Classes 8 th2.ough 11 (the Ilpper School) had 51 students between the age5 of 13 and 17. The schi)ol is yet to reach capacity and is actively pmmoting itself and seeking new students. not only to improve the Income lo the scliool, but also to enhance of the pedagogicenvirojinient conduave to Steinerlwaldorfeducatsoii. Walk tlirough opportunltles and 2 one-to-one with the liead teacher continue to be key in the promotion of our 5chDol and its offer. In addition. group walkthrough tnornings wero scheduled and publicised across the conimiinity and on digital channels such as the 5choul web5iie, with con5iderdble interest and attendance. noted. The Lradldonal commuDity facing events tTturned to the calendar this year with the re-introduction nf the Easter Fayre and the return of the Christmas Fdyre. Both events helped raise vital ndS for the school as well as providingan opportunity to lSIng our profile within the community. The Board of Trustees revised and updated 'Stralegy 202S' to reflect the changnE environment and continue to work towards the 511ccessful delivery of the developT))enl plan for the school that Identifies strategic directlon, ambitlons and upportunities for growth with a setof actions required to achleve these. During thls reporting period the school appointed a new Klndergarten Teacher. an Upper School English Teacher, a C,lass One Teacher, an Upper School Art Teacher Imaternity cover). a Mijshc Teacher (ternity cover) and a Learnlng Support Assistant. All of these aypuintments conimenced in Augusi 2022. Our Kinderrten Teacher aiid c.las5 Seven TeaLher leP( tlie school In lune 2022. Voliinteers The .iiliool dopends heavily on volunteers and on volunteer artivity for a slgnlficant amount of the work porticulr11.ly Irl areas such as fund-raisin& public relations (PR). and developmenL Tlie school also relies on volurlteci's to a large extent in areas such as grounds keeping and malntellancc. After a period of limlted activity, the PFA wa5 reconstltuted and made a successful application to the Charftle5 Commisslon forcharitsble status, ACHIEVEMENT AND PERFORMANCE Achievemenis and peiformance The PresLliool group iinit numhers decreased slightly thSs year fvom Z020121 10 12 puplls, and Èfforts are belng planned to relgnlte growth. Class teachers In the Holyw(M)d Stelner School optirnally stay with a class fron) Class I to Class 7. Teacliei. recruithnent, retentlon and on-going teacher development and 5UPPOrt are important foctors. This yeai., despite continiilng to have extreTnely low salaries. retention of staff was 100%. Despi the interrupdon to the delivery of the ciirriculuni due to Covid 19 restrlctions student numbei's continued intrease. In the Upper School, the GCSE results were positive, as in previous years and plansai'e being put Èn place to tncrpase the subject offer.
Report of the Trustees FOR THI YEAR ENDED 31 AUGUff 2022 FINANCIAL REVIEW Flnanclal review The Directors Report a deficit of £55,640 thi5 year. with an income of £489.563 and expenditure of £545,203. Compared with lasl year, income is up by £96.436 and expenditure appears to have iTLcreased by £91,328. Bank accounts have a£redit balance oF£126.040. The greatest i'isks the school cunrntiy faces is the adequate malntenance of our physical envij'onrnent and developnient of our facilitles as well as managemenL trainin& conliiiuirtB professional development and adequate remuneration of teachers and other school employees. A small pay rise was given to teacher5 beginning in lune 2022 however the anibition to provide appropriate Salaries romain5. The Board of Ti'ustees is responsible for tlie m2naRement of risks faced by the School. Detailed conslderatlons of rlsk ai'o delegated to the teams established to deal with each of these areas. Risks are identified and assessed and controls established throu8hout the year. Key contro15 used by the charity include: l) Formal aEendas forall Board acknvity., Z) Detailed goals. objectlves and tasks forall School Teams. 3) Ci)mprehenslve strateglc plannin& budgeting and management accountln 4) formal wrltten policie5.' 5) vettlng and chlld protection procedures as required by law forthe protertlon of the students. Through the risk management processes established for the school, the Board OF Trustees is satisfied that the major rlsks identitled have now been adequately mltigated where necessary. It Is iecogn15ed that systems can only provide reasonable but not absolute assurance that malor risks have been adequately manxged. The B03rd of Trusteos of tho.School corttlnues to work closely the Hèad Teacher to update risk assessment prore5ses and revlew areas of rnajor dsk within the khool. Reserves policy Tlie clitirity had unrestrlcted resetves of £125.625 at the yeai. end. The BoaTrl of Trustses recogntses the deslrability ol increasing reserves which Is dependent on Increasing the enrolment of pupils, greater gi7nt funds and other fund-ralsingothvlrles. FUTURF.. PtANS The schnol contlnues to face some challenges common to a sehool of its ze in terms of dellvering a broad range of subjeets Sn tlie upper school, however the Board are comforted by progEESS that has been made to date and by tlie high statidard oFdelivery by *aching stsff. The Board of Trustee5 recognlses that the school is now opeiating In a SULial, economic and legislative environment that requires regular proaclive review olthe way il operates. as well as i'igorous managementstruclures to support efficientand effective managementand governance. STRUCTURE, GOVERNANCE AND MANAGEfvIENT Governlngdocument Tlie charity is Con1]ed by its governing documenL a deed of tru5L and coiistitutes a Ilmited con)pany, limited by guarantee. as defined by the Companies Art 2006. Recrultment and appointment of new tnlstees Call out For Board membership is made via a number of channe15 iDiltsding the school website and adYErkn5Lng Dn voluiitary and charity sectur websites. New menibers to the B(vrd of Trustees are foi'mally I'ecruited and are appDinted. as per the Articles ofAssociation. TrLl5tee5hip is ratified at the Annual General Meetin New triistees receive the relevant doLuments including inlormation about the role of administratlon at a Steiner Waldorf school. A skills a55essmen¢ of the Board is fdrried out on an annual basis. More fornial training is alsi) plaiined on an annual basis with the Steiner Waldoif Fellowshipand NICVA.
Report of tlie Trustees FOR THE YEAR ENDED 31 AUGusf 2022 STRUCTURE, GOVERNANCEAND MANAGEMEKr Deciston making 'rhe Board of 'l'rustees, as Trustee% of the IlolywoDd Steiner School Limited. are responsible for the overall legal and financial management of the School. 'fiie full Board of Trustee5 meet onLe a nionth throughout the yeaJ-, the sub committee5 (detailed below) a150 meet monthly and present recommendation to the full Board of Trustees. All Trustees. the Development Manager and the headteacher are also invited to parkncipate in a strategic developtnent workshop once each quarter. The work of iniplementing policies 15 carried out by both teaching and non-teatlisng teanis. and the HR Sub Committee which have been instituted by the Board ofTrustees. The Board of Trustees has designated the following sub committee*. HR Sub c.ommittee- oveTseeing policie5, recruitment and compliance. Devolopn)ent Sub Committee - overseein8 the development of the school (physical grounds and n)aintenance, charitable and educauonal)- Flnance Sub CommiLtee- overseelngthe incomeand expenditure. 'rhe day to day running of the school was delegated to the Ileadteaclier. admill staff and teaching reps. a body of experienced Teachers who have responsibility for the pedagogi1 life ofuje schooL Wldernetwork The scliool is a member of NICVA (Northern Ireland Council for Volurttary Actlon), slnce lanuary 200EI and &5 a membor it can avail of advice and service& The schovl Is a member of the Steiner Waldoi'f Schools Fellowshlp which provides advice, traiiiingatid a link to other UK and Irish Steinerschools The Holywood Stelner School was founded in 1975 to provide a Steiner/Waldorf educatlon in NorLhern Ireland. The Ilolywood Stelnei. Scliool Llmited is a company Ilmited by guarantee founded in 1977 and is registered as a charitable company with tlie IIM Revenue & Customs and tlie Charity Commission for Northern Irèland. Its registei'ed office and Tll3Lrt busirte&% address is 34 Croft Road, Holywood Co DowTh Bl'18 OPR. The striicture of the Charity during 2021122 consisted of the Board of Trustee5 who managed the buslness of the Assoclation. The Pleadteachei. who mdnaged the s¢h(K)I wi¢h a55i5tance from the administratlon team aiid karly Years, Lower School and Upper Scl)ool Teachlng rep> REFERENCY AND ADMINISTRATIVE DETAIIS ReRistered Compdny number N1012003 (Northern Ireland) Reglstered Charlty number 103712 ReglsteTed offlce 34 Croft Road Holywood Co. l)own TIB OPR
Report of the Trustee5 FOR THE YEAR ENDED 31 AUGUST 2022 Trustees Ms Esther Haller Clarke Director Ms Caroline Mary Ball Projertmanager Prof John Bai'iy Academic [resigned J/212022J Mr Garret O'Fachtna Trade Union Cibordirtator Mr Paul Mc fernan Town Planner Mr Geriy WarwickAccountant M% Sinead Black Designer Mr Cjareth Dal£ell Coinpany Director Mi's Mary Roulston Retkred Teacher Ms Sarah Dalzell Company Director(appotnted 1/1012021) (resigned I91512022) lenny Holland Company Direttor (appolnred 31212022) Company Secretary Ms Stephanie Ionp5 Independent Examlner M.B.Mcfrrady& Co Chartered Accountants Suite 2B Cadogan House 322 Llsburn Road Beifa%t Co.Antrim BT9 6GH Bankers Bank of It'eland l Donegall square South Belfast BTI 5LR Approved by ordorof the hoard of trustees on 16 May 2023 and signed on Its behalf by. M5 Caroline Mary Hall- Trustee
Indepe ent xaminer s epo Holywood Steinerschool Limited I report on the accounts of the company for the year ended 31 AU 2022. whlch are set out on pages eight to elghtee Respective responslblllties ofcharity tne5 and examlner As the charity's trustees (and a150 the directors for the purposes of a)mpany jaw) you are responslble for the preparation ofthe accounts in accOrdanwith the requ1ments ofthe CompaniesArt2006. Havlng satisfied myseifthat the charity ts not subjeLt to audlt under (xjmpany law and Is eliglble for Independent examination, It Is my responsibilityto- examlne the accounts undersection 65 ofthe Charities follow the procedures laid down in the general Direttlons Élven by the Charlty Commission for Northern IrelaDd undersection 6S(9)(b) ofthe Charities Art state whether partlcular matters have (J)me to my attentioj Basls ofthe Independent enmlnerfs report I have examined your chartry accounts as re4ulreLI undEr SvLiiuii 65 vf a)ai"itie5 Act and my examination was carrled out in accordance with the general Directions glven by the Charity G)mmSssion for Northern Ireland under Section 6519)(b) of the Charities ACL The e¥amlnadon included a review of the accoundng records kept by the charity and a compari50n of the accounts presented with those record& It also included consideratlon of any unusual Items or disclosures In the account& and seelung explanatlons from you a5 charlty tneS concernlng any such matter& My role Is to state whetherany marerfal matters hwe come to myattentlon 8ivln8 me cause to belleve: Thataccountlng recordswere not kept In accordance wlth Section 386 of the Companles Art 2006 That the accounts do nota¢rd with those accounting record5 That the accounts do not comply with the accounting requlrernents of Section 396 of the Companies Art 2006 and with the Meth15 and prindples ofthe Charltles Statement of Recommended Practlce appllcable to charitie5 preparlng thelr accounts In accordan wlth the Flnancial Reporting 5tsndard appllcable In the UK and Republlcof Ireland That there Is further infomatlon needed fora properunderstandln8 of the accounts to be reached. Independent examlnerfs statement Slnee your charity's gross income exceeded E250.000 your examlner must be a member OF a Ilsted body. I can confirm that l am quallfied to undertake the examlnation because l am a member of the Insdtute of Chartered Accountants In Ireldiid wlilLli Is vil¥ ufLlie Ilsted bodie& I have completed my ex8mlnatlon and have no concerns In respecr of the ntter$ (l) to (4) Ilsted above and, In connectlon wlth followlng the Dirertlons ofthe Charity Commlsslon for Northern Ireland I have found no matters that requlre drawlngtoyourattention. Conaill McGrady M.B.McGrady & Co Chartered Accountants Suite 2B Cadogan House 322 Lisburn Road Belfast Co. Antrirn BT9 6GH
epen ent xaminer s epo Holiwood Steiner Scliool Limited eeso 16 May 2023
Staten]ent of Financial Actlvlties (Incorporating an Income and Expenditure Account) FOR THE YEAR ENDED 31 AUGUST 20Z2 3118122 Total funds 3118121 Total fi]nds Unrestrffted Restrlcted nds fund Notes INCOME AND ENDOWMENTS FROM Doiiations and legacies 2ffj05 2,60S 10.235 Charitable artlvltles Charitable Attlvities 4SS.260 S,429 460,689 365,612 Other crdding artivities Investniont income 26.006 L63 26,006 263 17,238 42 Total 484.134 5.429 489,563 393,127 EXPENI)I'I'IJRE ON Cliai'itable acrlvltles Chai'itable Actlvlties 537,292 7,911 545,203 453,875 NET INCOMTr.I[EXPENDITURE) Transfers between funds (S3.IS8) 2.279 (2,482) [2.279) (55,(AO) 160,748) Is Net movement In funds (50079) (4.761) (SS,640) (60.748) RECONC.ILIATION OF TrUNDS Total fund5 brought forward 176.504 254,928 31,432 492,180 TOTAL FUNDS CARRIED FORWARD 125,625 250,167 375.792 431,432 The notes form partof these financial statemenis
Balance Sheet 31AUGUST 2022 31/8122 3118121 Note5 FIXED ASSEfS Tangible assets Investments 477283 4.469 471,227 6.S50 481,752 477,777 CURRENT ASSETS Debtors Cash at bankand in hand io 24,754 126,040 22,944 180,913 150,794 203,857 CREDITORS Aniounts falling due withSn one year li (107,556) {88,3791 NET CURRENT ASSETS 43,23B 115.478 TOTAL ASSETS LFSS CURRENT I.IABILITIES 524,990 593,255 CREDITORS AinDunts fallingdue after more than one year 12 (¥9,0001 (64.165) PENSION LIABILITY 16 (90.198) (97,6S8) NET ASSETS 375,792 431,432 FUNDS Uni'estrlcted fund5'. General fund r)e5ignated fvnds 15 215.823 (90,198) 281,381 {104.H77) 125.625 176,504 Restricted fviiJs'. Restricted fund 250,167 254,9Z8 TOTALFUNDS 375,792 431,432 The charltable company is entitled to exemptlon from audit under Sectton 477 of the Companies Act 2006 for the year Ènded 31 August 2022. The members have not required the company to obtain an audit of its financial statements fDr the year ended 31 August 2022 in accordance with Sectlon 476 of the Companies Att 2006. The notes fortn partof these financial statements contii)u2d...
HOLYWOOD Balaiice Slieet. continued 31AUGUST2022 The trustees ackELowledge their responsibilities for (a) ensui'ing that the charirable COTnpany keeps accounting records that comply with Sections 386 and 387 or the Companies Act 2006 and prepating fi[I]cIal statements which wve a tsue and fair view of the 51ote of affai of the charitab5e ompany as at the end of each financial year and of its surplu5 or deficit for each financial year in accurdance wth the requirernents Of Sections 394 and 395 and whÉch othenvi.%e coinply with tlie requirenients of the Companies Art 2006 relating to financial ststements. so far as applicable to the charitable company. (bl These financial statemenLs have been prepared in accordance with the prowsKons applicable to cliaritable companies subjectto the small companies regime. The finanrial SMentS were appToved by the Board of Ttee5 and authorised for issue on 16 May 2023 and Were signed ot) its behalf by.. Ms Carollne Mary Ball- Trustee The notes fotin partof these financial statemeiits io
Notes to the Financial Statements FOR THE YEAR ENDED 31 AUGUST 2022 ACCOUNTING POLICIES Basis of prepaiing the fitfdnclal statements The financial statements of the charitable company, wliich is a public benefit enbty under fRS 102, have been prepared in accordance with the Charities SORP [fRS 102) 'Accounting and Rtrpurting by Charitses.. Statement of Recommended PCtIce applirdble to charities preparing their attounts in accordance with the I,inancial Reporting Standaixl applicable in the UK and Republic of Ireland {FRS 102) leffeetive I lanuary 20191,. Financial ReportinE Standard 102 'The Financial Reporiing Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial ststements have been prepaiEd under the histori[ costconvention, with the exceptlon of InvestsneJ)ts which are included at market value. Flnancial reporting slandard 102- reduced dis¢losure exemptlons 1.ho charitable con)pany lias taken adyantsge of the following disclosure exemptions in preparing these flnancsal staMents. as permitted by FRS 102 'The Financial Reporting Stsndard applirable In the UK and Republic of Ireland,: the requSrements ofSertSon 7 S¢atemen¢ofcash Flows. the requirement of paragraph 3.17(d); the requirements of paragraphs 11.42. 11.M, 11.45. 11.47, 11.48{a)(ili). 11.48(a){ivJ, 11.48{bl and 11.481cJ; the requlrenients of paragraphs 12.26, 12.27, 12.29(a), 12.29(b] and 12.29A' the requlrement of paragraph 33.7. Income All Inconie Is recugnised Sn the Statement of Financi31 Artivities once the charlty has entitlement to the fund5, It15 probable that the incon)e will be received and the amount can be measured rellably. Fxpendlture l.iabilities are recogni5ed as expenditu a5 %)on as there is a legal or constructlve obligation committing tlie charlty to that expcndlture, it is probable that a transfer of economic benefits will be requlred In settlement and the amount o( the obllgation can be nieasured reliably. Expenditure is accounted for on an accrua15 basis and has been classified ui)der headings that awegale all cost related to the calegory. Wliere costs cannot be directly attributL¥d to particular headings they have been allocated to actlVLtie5 on a basls conslstent with the USE Orresour Tanglble (Ixed assets Deprecidtiuii Is provided at the followlng annual rates in order to wdte off eacli asset over Its estimated Useful life. Freehold pi'operty Fixtures and fittings Computer equipment 2% on cost IO% on c05t IO% on cosr Taxation The charity is exempt from corporation fax on Its chatable activitie& Fund accounting Unrestricted funds can be used iii accordance with the charitable objectives at the discredon of the trustee5. Restrlited funds catl oflly be iised for particular restricted purposes within the objects of the charity. Resiriclions ai'ise when specified by the donor orwhen ndsare raised for parkntular restricted purposes. Further explanation of the n8tui'e and purpose of each fund is induded in the notes to the financial ststement li continued...
Notes to the Fii)ancial Statements- continued FOR THE YEAR ENDED 31 AUGUST 2022 ACCOUNTING POLICIES- contliiued Pension costs 2nd otherpost-retirement benefits The charitable compgiiy operates a defined contribution pension scheme. Conti'ibuknons payable to the charitable compally's pension scheme are charged io the Ststement of Financial Acbvitie5 in the period to whlch they relate. OTHER TRADING AcfiviTIES 3118122 3118121 Playgroup Income Guest Siudent Choir Income Afterschool club Income Parent and chlld group 17,100 7,436 33 850 S87 17,238 26.006 17.238 INVESTMENT INCOME 3118122 3118121 Interest Receivable 263 42 NET INCOME/{EXPENDITURE) Net Incomel(expenditureJ is ststed after chargIn&l(cr1ttns). 3118122 3118121 DeprecSatlon' owned assets 20.871 18,933 TRUSTEES, REMUNERATION AND BENEFITS There were no Irustees. remuneration or other benefits for the year ended 31 Augu5¢ 2022 rlor for the year ended 31 Aiigust 2021. Trustees, expenses There We no trnstees, expenses pald for the year ended 31 August 2022 nor for the year ended 31 August 2021. 12 continued.-
Notes to the Financial StatÈments- continued FOR THE YEAR ENDED 31 AUGusf 2022 STAFF COSTS The avernge monthly numberofemployee5 during theyearwasas lollows.. 3118122 19 3118121 17 Teachingstaff Non-teaching staff 24 21 No employees received emoluments in excess of E60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES Unrestricted Restrlcted funds fund Total nds INCOMEAND ENDOWMENTS VROM Donations and legacies 511 9,724 10.235 Charltable actlvltles Charitable ActlVLties 355,666 9.946 365,612 Other tradlngactivitles Investment income 17,238 42 17,23B 42 Total 373,457 19,670 393,127 EXPTr.NI)ITIIRE ON Charltable a(tivitle5 Charitable Activitles 448.811 5,064 453,875 NET INCOME/(EXPENDITUREI (7S,354) 14,606 (60,718) RECONCILIATION OF FUNDS Total htiids bi'ought lotwar 251058 240,322 492,180 TOTAL FUNDS CARRIED FORWARD 176,504 254,928 431,432 13 tontlnued...
HOLYWOOD STEINER SCH Notes to the Financial Statements- continued FOR THE YEAR ENDED 31 AUGusr zozz TANGIBLE FIXED ASSET5 Improvements Flxtures to and property fittings Freehold property Computer equipment Totals COST At I September 2021 Additions 722.412 97.092 2,989 14,8S6 499 834,360 26,928 23.440 At 31 August 2022 722.412 23,440 100,081 15,35S 861.288 DEPRECIATIU At I September 2021 Charge For year 297.644 14,448 59.941 4,618 5,549 1.512 363,134 20,871 29J At 31 August 2022 312,092 293 7,061 384.005 Nrf BOOK VALUE At 31 Allxu512022 410.320 Z3.147 35,522 8,294 477.283 At 31 August 2021 424,768 37.151 9,307 471,226 FIXED ASSET INVESTMENTS Unllsted Investments MARKFTVAI.IIE At 1 %eplc'ri)ber 2021 Movement In year 6,550 (2,081) At 31 August 2022 4,469 NFT BOOK VALUE At 31 August 2022 4,469 At 31 Au8USt 2021 6,550 There were no Investment assetsoutslde the UK. 14 continued...
HOLYWOOD STEINER SCHO Note5 to the Financial Statements. continued FOR THE YEAR ENDED 31 AUGU 2022 io. DEWfORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 3118122 3118121 Trade debtot Otherdebtots Piepayrnents 21,566 367 2,8ZI 9,479 3.511 9,954 24.754 22.944 ii. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 3118122 31/8121 Other loans (see note 13) Trade creditors Soclal security and other taxes Other creditors Accrua15 and deferred income S,165 11,423 10.887 73.898 6,183 17,684 6,268 61,691 Z,736 107.SS6 88,379 12, CR Tr.DITORS: AMOUNTS FALLING DUE AER MORETHAN ONE YEAR 3118122 3118121 Other loans (see note 13) 59,000 64,165 13. LOANS An analysls of tlie maturlty of IoaTLS isglven below., 3118122 3118121 Amounts falllng due wlthin oneyearon demand.. Other loans 5,165 Amounts falllng between one and twoyears". Other loans- 1-2 year5 59.000 64,165 15 continued...
Notes to the Flnancial Statements- continued FOR THE YEAR ENDED 31 AUGu¥f z022 14. ANALYSIS OF NET ASSETS BETWEEN FUNDS 3118122 Total funds 3118121 Total fund5 Unrtstrirted RestrRcted nds fun Fixed assets Investments Cui'rent assets Current liabllities Long term liab51ities Pension liability 227,116 4,469 150.794 (107.SS6) (59,000) (90.198) 250.167 477,283 4,469 ISO,794 {107,5fj1)) (59.OlX)) (90.198) 471.227 203,857 (88.379) (64,165) {97,6581 12S,625 250,167 375,79Z 431,432 IS. MOVEMENT IN FUNDS Net movement In fund5 Transrfers belween (unds At 3118122 At 119121 Unrestrlrted ftinds General filnd Designated funds 281,3111 (104,877) (67.837) 14,679 2,279 215,823 {90.198) 176,504 (53,158) 2,279 125,625 Restrlcted funds Resri'lcted fund 254,928 (2.482) (2.279) 250,167 TOTAL FUNDS 431,432 (55,640) 375,79Z Netmovement In funds, 5ncluded In iheabove are as follows: Incomlng resources Resources expended Movemellt In funds Unrestricted fvnds General fund Designated funds 484,134 (551.971) 14,679 [67.837) 14,679 484.134 (537.292) (53,1%8) Re%trirted fvnd5 ResLrEcted tund 5.429 {7,911) (2,482) TOTAL FUNDS 489.563 [54%,203) [55,640) 16 contiiiued...
Notes to the Financlal Statements- continued FOR THE YEAR ENDED 31 AUGUST 2022 15. MOVEMENT IN FUNDS. continued Comparatives for movementin fund5 Net movement in funds At 3118121 At 119120 Unrestrleted funds General fund Designatod funds 356,735 [104.877) (75,354J 281.381 [104.877) 25IM58 (75,354} 176,504 Resliicted funds Restricted fund 240.3Z2 14ffj06 254.928 TOTAL FUNDS 492,180 (60,748) 431,432 Comparative netmovement In funds, included in the aboveare as follows: Incomlng resources Resources expended Movement In funds Unrestrlcted funds General fund 373,457 {44881 l) 175,3541 Restrlcted funds Restricted nd 19,670 15,0641 14,606 TOTALFUNDS 393,127 1453.B751 160,74B) A currentyear 12 months and prioryèar 12 monthstomblned posltion is as follows.. Net movenient in funds Tr'ansfers beiween funds At 3118122 At 119120 Unrestrlrted funds General fund Designated funds 356.735 (104.877) (14.3.191) 14.679 2.279 215.823 [90,198) 251.858 (128.512) 2.279 125.625 Restricted funds Restricted fund 240,322 12.124 [2.279) ZSO.167 TOTAL FUNDS 492.180 (116.388) 375.792 17 continue(L..
Notes to the Financial Statements- continued FOR THE YEAR ENDED 31 AUGUST 2022 15. MOVEMENT EN FUNDS- continued A current year 12 months and prior year 12 months combined net movement in funds. iiicluded in the above are as follows: Incoming resources Resources expended Movement In fund5 Unre5trlcted funds Gener(Il fund Designatod ndS 857,591 (1.000,782) 14,679 [143.191) 14.679 857,S91 [986.103) [1211of12) Restricted fvnds Restricted fund 25,099 (12,975} 12,124 TOTAL FUNDS 882.690 (999,078J 1116J88) 16. EMPLOYEE BENEFIT OBLIGATIONS A full actuarSal valuatlon has not been carried out as ai 31 August 2022. However based on an e5tlrnated funding yusition provided by the penslon scheme. the triLStse5 are confident that the pension liability Included In the finaiicial statements is reasonable. Payments to defined contribution retirement benèfitschemes are charged as an expense as they fall due. The cost of provlding benefits under defined benefit plans is deternilned separately and Is based on actuarlal calculation5. The change Sn the net deftned benefit liability arising from employee service during the year is recognised as an employee cost. The cost of plan introdurtion5. benefit changes. settlements and curt3ilmen15 are recognised as incurred. 17. RELATED PARTY DISCLOSURES There were no re12teil party ts7nsacUons fortheyearended 31 August 2022. 18
Detailed Statement of Finantial Actlvities FOR THE YEAR ENDED 31 AUGUST 2022 31/8122 3118121 INCOMEAND ENDOWMENTS Donations and legacies DonatlOll5 and Gift5 2.605 10.235 OtheT trading actlvltles Playgroup Income Gue&iStudent Choir Income Afterschool club income Parent and child group 17.100 7.436 33 850 587 17,238 Z6.006 17.238 Inve.stinent income Interest Receivable 263 42 Charltable actlvltles Pareiital Contributions Grants Other Income 452.518 6,729 1,442 30605 19,670 39,137 460,689 365,612 To1 Ineoniing resources 4B9,563 393,127 EXPENDITURE Charltable attlvltles stsff Costs Social sccurlty ljensions Eqiilpment Rental Lducalion Sijpplies Steiller school Fellow5hlp Examination Expenses stsff Travel and TrdffiDlng Bad Debt Increase in Bad Debt Provlslon Supply Teachers Other Direct Lxpenses Grantexpeiiditure Event expenses Depreciation and Impairments 373.99fi 22.643 10,553 3,606 17.968 1.750 1,989 317,773 22,J72 9,221 4,953 4,765 1,235 770 181 4,746 1.477 220 4.450 232 1,109 41 20.872 25 19,086 462.657 386,825 This page does not lorni partof thestatutory financial statements 19
Detailed Statement of Financial Activities FOR THEYEAR ENDED 31 AUGUST ZOZ2 3118122 3118/21 Support costs ManagetneTLt Rates and water Insurance Light and heat 'relephone and Internet Othor Office Costs Advortising Coniputer and Website Costs 607 13.858 20,324 3,997 4,541 2,919 3,090 542 11,692 7,981 3,589 4,151 4,801 1,799 49,336 34555 Flnance Legal dnd Prcfesslonal Fees Sundries Bank charges 13.735 1.594 1.170 14,895 524 999 16,499 16,418 Informatlon technology Repalrs and malntenante 13,010 14,277 Human resources Movement on inve5tmenrs 2,081 GovLlI'ndnce costs AccouiitiriLy fees 1,620 1,800 Total resourtts expended 545,203 453,875 Net expendlture (S5.640) (60,748) This page does not form partofthe st3tutory financial statements 20