2021-08-31-accounts

			Page
Company Information
Report ofthe Governors	(including	Strategic Report)
Report ofthe Independent	Auditors
Statement ofFinancial Activities			19
Balance Sheet			20
Statement ofCash Flows			21
Notes tothe Statement ofCash Flows			22
Notes tothe Financial Statements			23

GOVERNORS:	Mr A D Hussey —Chairman	Mr A D Hussey —Chairman	Mr A D Hussey —Chairman
	Mrs A Brooks
	Mr P Evitt
	M D Mortimer			-resigned 29June 2021
	Brig AT LPotts
	Mrs A Rainsford			-appointed 13September 2021
	Mrs K M Saker
	Mr J M Scott
	Mr C N P Stourton
	Dr R M Sullivan
	Mrs CWatson			-resigned 25June 2021
	Mrs C M M Witheridge
SECRETARY AND CLERKTO THE
GOVERNORS:	Mrs FSpeers
HEADNIASTER:	RJohnston
REGISTERED OFFICE:	I-lanford School
	Child Okeford
	Blandford Forum
	DT11SHN
REGISTERED NUMBER:	02572565 (England		and Wales)
REGISTERED CHARITY NUMBER:	1001751
AUDITORS:	Fawcetts LLP
	Chartered Accountants
	and Statutory	Auditors
	Windover House
	StAnn Street
	Salisbury
	SP12DR
BANKERS:	HSBC Bank pic			C Hoare &Co
	17Market Place			37 Fleet Street
	Blandford Forum			London
	Dorset			EC4P 4DQ
	DT117AG
INVESTMENT MANAGERS:	Church House Investment			Management
	York House
	6 Coldharbour
	Sherborne
	Dorset
	DT94JW

					Total	Total
			Unrestricted	Restricted	2021	2020
INCOME AND EXPENDITURE		Notes	E	E	E	E
INCOME AND ENDOWMENTS	FROM(
Charitable activities
Fees receivable			26021401		2,021,801	1,945,321
Recharges			84,593		84,593	75,300
Otherincome		3	58,552		58,552	48,719
Donations and legacies
Donations			1,500	22r443	23,993	89,434
Legacies						17,651
Investments		4	8,760		8,760	2,652
TOTAL INCOME			2,175,206	22/43	2,197,649	2,179,077
EXPENDITURE ON:
Raising funds			9,058		9,058	16,569
Chad(table activities
Bursaries donated			196,535		196,535	182,955
School operating costs			1,998,159	54,885	2,053,044	1,982,913
TOTAL EXPENDITURE		8	2,203,752	54,885	262586637	2,182,437
NET (EXPENDITURE) / INCOME			(28,546)	(32,442)	~60,988)	~3,360)
Transfers between funds
(Losses) / Gains on investments
-realised						(4,036)
—unrealised			45,154		45,154	(17,741)
NET MOVEMENT IN FUNDS			16.668	(82862(	~2888 (	(2,137(
RECONCILIATION OF FUNDS
Total funds brought forward
at 1September 2020			2,024,402	14,771,824	16,796,226	16,821,363
TOTAL FUNDS CARRIED FORWARD
at31August 2021			26041010	1417396382	167806392	16796226

		2021		2020
	Notes	f	f
FIXEDASSETS
Tangible assets	9		16,681,226		16,480,981
Investments	10		467,830		422,676
CURRENT ASSETS
Debtors		578,410		509,533
Cash at bank and in hand		438,933		806,006
		1,017,343		1,315,539
CREDITORS
Amounts falling due within one year	12	(1,033,507)		(965,320)
NET CURRENT ASSETS/(LIABILITIES)			(16,164)		350,219
TOTAL ASSETS LESSCURRENT LIABILITIES			17,132,892		17,253,876
CREDITORS: Amounts falling
due after more than one year	13		(352,500)		(457,650)
NET ASSETS			16,780,392		16,796,226
FUNDS:
Restricted funds	16		14,739,382		14,771,824
Unrestricted funds - general	17		2,035,198		2,003,358
Unrestricted funds - designated	17		5,812		21,044
TOTAL CHARITY FUNDS			16,780,392		16,796,226

			2021	2020
			E	E
Net cash flow from operating		activities	(93,167)	103,214
Cash flow from investing	activities
Payments to acquire tangible		fixed assets	(292,982)	(187,177)
Proceeds from sale ofassets			19,592
Dividends received			8,728	2,477
Interest received			32	175
Net cash flow from investing		activities	(264,630)	(185,854)
Cash flow from financing	activities
New loan in year				450,000
Loan repayments			(7,500)
Interest paid			(1,776)
Net cash flow from financing		activities	(9,276)	450,000
Net (decrease)/increase	in cash and cash equivalents		(367,703)	368,689
Cash and cash equivalents	at	1September 2020	806,006	437,317
Cash and cash equivalents	at	31August 2021	438,933	806,006

RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES	RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES	RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES
Net (expenditure) / income for	the year
as per the Statement of Financial Activities		(15,834)	(25,137)
Dividends receivable		(8,728)	(2,477)
Interest receivable		(32)	(175)
Interest payable		1,776
Depreciation oftangible fixed assets		92,737	88,938
Surplus on disposal oftangible	fixed assets	(19,592)
Loss on disposal offixed asset	investments		4,036
Revaluation offixed asset investments		(45,154)	17,741
Fixed asset investments legacy	—listed 8 other investments
Increase in debtors		(68,877)	(28,120)
(Decrease)/Increase in creditors		(29,463)	48,408
Net cash flow from operating	activities	~98,167I	103214
CASH AND CASH EQUIVALENTS
Cash and cash equivalents consists of:
Cash at bank and in hand		438,933	806,006
Cash and cash equivalents at31August 2021		438,933	806,006
ANALYSIS OF CHANGES IN NET DEBT
	At 1.9.20	Cash flow	At 31.8.21
	E	f	E
Net cash
Cash at bank and in hand	806,006	(367,073)	438,933
	806,006	(367I073)	438,933
Debt
Debts falling due within 1year	(7,500)	82,500	(90,000)
Debts falling due after 1year	(442,500)	(90,000)	(352,500)
	(450,000)	7,500	(442,500)
Total	356,006	(359,573)	(3,567)

Land			—Not depreciated
Buildings			—191straight line (see below)
Improvements		to property	-596on reducing balance
Plant and	equipment		-2094 on reducing	balance
Motor vehicles			-209oon reducing	balance
Computer	equipment		- 2094straight line

2.	INCOME FROM	INCOME FROM	INCOME FROM	DONATIONS AND LEGACIES	DONATIONS AND LEGACIES
						Unrestricted	Restricted	Total	Total
						funds	funds	funds	funds
						2021	2021	2021	2020
						f	E	E	E
	Donations
	General donations					1,550		1,550	40
	Hanford 140						22,343	22,343	32,504
	Leavers programme								3,290
	Sports								2,000
	Swimming	pool
	Art Barn						100	100	50,000
	Gardens								1,600
						1,500	22,443	23,993	89,434
	Legacies
	The late Miss		Sarah Canning						17,651
	Total					1,500	22,443	23,993	107,085
3.	OTHER INCOME
						Unrestricted	Restricted	Total	Total
						funds	funds	funds	funds
						2021	2021	2021	2020
						E	E	E	E
	Government		grants
	-Coronavirus			Job Retention Scheme		30,367		30,367	49,366
	(Deficit) /Surplus				on other recharges	8,593		8,593	(647)
	Sale proceeds		ofdonated asset			19,592		19,592
	Total					58,552		58,552	48,719
4.	INCOME FROM			INVESTMENTS
						Unrestricted	Restricted	Total	Total
						funds	funds	funds	funds
						2021	2021	2021	2020
						f	E	E	f
	Dividends —equites					8,728		8,728	2,477
	Interest- cash			deposits		32		32	175
	Total					8,760		8,760	2,652

	2021f	2020 f
Wages and salaries	1,055,932	1,001,688
Social security costs	78,162	76,968
Pension contributions	162,629	155,154
Other employee benefits	9,538	6,663
	1,306,261	1.344,473

	2021	2020
	No.	No.
Teaching and care staff	36	32
Other staff	23	23
	59	55

The number ofemployees w	hose emoluments exceeded f60,000fo	rthe year was one (2020:On	e):
		2021	2020
		No.	No.
f60,001 -f70,000			1
The number with retirement	benefits accruing in:
- Money purchase schemes	was

Net incoming	Net incoming	resources are stated	after charging:
				2021	2020
				E	E
Depreciation		—owned assets		92,737	88,938
Surplus	on disposal ofdonated assets			19,592
Auditors'	remuneration -audit services			3,800	3,700
		- non-audit	services	8,766	8,061

			Staff salaries			2021	2020
			and costs E	Other f	Depreciation E	Total E	Total E
Chadtable	activities:
Bursaries	donated			196,535		196,535	182,955
School operating		costs:
Teaching	costs		839,444	100,804	11,624	951,872	934,092
Welfare			266,540	85,256		351,796	314,357
Premises			60,663	328,580	79,064	468,307	498,014
Support	costs ofschooling		139,614	126,840	2,049	26$,503	224,689
Governance				12,566		12,566	11,761
			1,306,261	850,581	92,737	2,249p579	1,982,913
Raising funds:
Alumnae	relations
and fundraising		costs		9,058		9,058	16,569
Total resources expended			1,306,261	$59,639	92,737	2358,637	2,182,437

TANGIBLE FIXEDASSETS
	Land and	Improvements	to	Plant and
	Buildings	Property		equIpment
	E	E		E
COSTOR VALUATION
At 1September 2020	16,600,000	516,899		224,638
Additions	107,801	140,695		28,299
Disposals
At 31August 2021	16,707,801	657494		252,937
DEPRECIATION
At 1September 2020	677,750	60,729		168,543
Charge for year	41,680	23,423		13,961
Eliminated on disposals
At31August 2021	719430	84,152		182,504
NET BOOK VALUE
At31August 2021	15,998,571	573,442		70,433
At 31August 2020	15,922,250	456,170		56,095
	Motor	Computer
	vehicles f	equipment E		Totals f
COST0R VALUATION
At 1September 2020	42,715	183,602		17,567,854
Additions		16,187		292,982
Disposals
At 31August 2021	42,715	199,789		17,860,836
DEPRECIATION
At 1September 2020	22,224	157,627		1,086,873
Charge for year	4,098	9,575		92,737
Eliminated on disposals
At31August 2021	26,322	167,202		1,179,610
NET BOOK VALUE
At31August 2021	26393	92,587		16,681.226
At 31August 2020	20,491	25,975		16,480,981

10.	FIXEDASSET INVESTM	EN	TS
					Listed	Other
					Investments	Investments	Totals
					f	f	E
	COST OR VALUATION
	At 1September 2020				394,076	28,600	422,676
	Additions
	Disposals
	Revaluation				45,154		45,154
	At 31August 2021				439,230	28,600	467,830
	NET BOOK VALUE
	At 31August 2021				430,330	28,600	4673830
	At 31August 2020				394,076	28,600	422,676
11.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
						2021	2020
						f	f
	Trade debtors					571,483	503,101
	Other debtors						2,825
	Prepayments					6,927	3,607
						578,410	509,533
12.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
						2021	2020
						f	f
	Bank loan (see note 14)					90,000	7,500
	Bank overdraft (see note		14)
	Trade creditors					51,187	38,450
	Other creditors					105,212	84,373
	Taxation and social security					16,346	16,399
	Deferred income - autumn			term fees		7030866	581,378
	Advance fees scheme	(see		note 15)		44,900	132,205
	Accrued expenses					21,996	105,015
						1,033.301	965,320

CREDITORS: AMOUNTS	FALLING DUE AFTER MORE THAN ONE YEAR
		2021	2020
		f	f
Advance fees scheme (see note 15)			15,150
Bank loan		352,500	442,500
		SSM00	457,650

		2021	2020
		f	f
Within	2to 5years
Within	1to 2years		15,150
			15,150
Within	1year	44,900	132,205
		44,900	141,333

Analysis of	movement in r	estricted funds —previ	ous year
		Balance at				Balance at
		1September	Incoming	Resources		31August
		2019 f	resources f	expended f	Transfers f	2020f
Fixed asset	fund	14,654,506		(37,885)		14,616,621
Hanford 140		51,604	32,504			84,108
Leavers programme			3,290	(2,195)		1,095
Bursaries		3,000				3,000
Sports		3,000	2,000		(3,000)	2,000
Swimming	pool	15,000				15,000
Art Barn			50,000			50,000
Gardens			1,600	(1,600)
		14,727,110	89,394	(43,000(	(3,000(	14,771,024

Analysis	ofmovement in unrestricted funds
		General	Designated
		fund f	fund f	Totalf
Balance	at 1September 2020	2,003,358	21,044	2,024,402
(Deficit)	for the year	31,840	(15,232)	16,608
Transfers	between funds
Balance	as at 31August 2021	2,035,198	5,812	2,041.010

Analysis	ofmovement in unrestricted funds —pre	vious year
		General	Designated
		fund	fund	Total
		f	f	f
Balance	at 1September 2019	2,073,209	21,044	2,094,253
(Deficit)	for the year	(72,851)		(72,851)
Transfers	between funds	3,000		3,000
Balance	as at31August 2020	2,003,358	21,044	2,024,402

		Unrestricted	Unrestricted
		funds	funds	Restdicted
		General f	Designated f	funds f	Totalf
Tangible	fixed assets	2,102,490		14,578,736	16,681,226
Investments		467,830			467,830
Current	assets	850,885	5,812	160,646	1,017,343
Current	liabilities	(1,033,507)			(1,033,507)
Creditors	more than one year	(352,500)			(352,500)
		2,222,122	5,812	14,739,382	16,780,392

	2021	2020
	f	f
Within one year	2,714	2,714
Later than one and not later than five years
	2,714	2,714

					2021	2020
					E	E
Contracted	but	not	provided	for in the financial statements		93,704
					2021	2020
					E	E
Authorised	but	not	contracted for in the financial statements

				Total
		Unrestricted	Restricted	2020
INCOME AND EXPENDITURE	Notes	f	f	f
INCOME AND ENDOWMENTS FROM:
Charitable activities
Fees receivable		1,945,321		1,945,321
Recharges		75,300		75,300
Otherincome		48,719		48,719
Donations and legacies		17,691	89,394	107,085
Investments		2,652		2,652
TOTAL INCOME		2,089,683	89,394	2,179,077
EXPENDITURE ON:
Raising funds		16,569		16,569
Charitable activities
Bursaries donated		182,955		182,955
School operating costs		1,941,233	41,680	1,982,913
TOTAL EXPENDITURE		2,140,757	41,680	2,182,437
NET INCOME / (EXPENDITURE)		(51,074)		(3,360)
Transfers between funds		3,000	(3,000)
Gains on investments
-Realised		(4,036)		(4,036)
-Unrealised		(17,741)		(17,741)
NET MOVEMENT IN FUNDS		(69,851)	44,714	(25,137)
RECONCILIATION OF FUNDS
Total funds brought forward
at 1September 2019		2,094,253	14,727,110	16,821,363
TOTAL FUNDS CARRIED FORWARD
at31August 2020		2,024,402	14,771,824	16,796,226