2021-08-31-accounts - Hopelands Preparatory School

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		Page
Report ofthe Trustees		1 to	9
Independent Examiner's	Report	10 to	11
Statement of Financial	Activities	12
Balance Sheet		13 to	14
Cash Flow Statement		15
Notes to the Cash Flow	Statement	16
Notes to the Financial Statements		17 to	26

Statement of Financial Activitie for the Year Ended 31Au ust	s 2021
					31.8.21	31.8.20
			Unrestricted	Restricted	Total	Total
			funds	fund	funds	funds
		Notes	E	E	E	E
INCOME AND ENDOWMENTS	FROM
Donations and legacies			158		158	2,754
Charitable activities
Direct Activities			637,901		637,901	664,253
Investment income			2		2	38
Other income			23,250		23,250	28,982
Total			661,311		661,311	696,027
EXPENDITURE ON
Charitable activities
Direct Activities			666,898		666,898	665,837
Governance Costs
Total			666,898		666,898	665,837
NET INCOME/(EXPENDITURE)			(5,587)		(5,587)	30,190
RECONCILIATION OF FUNDS
Total funds brought forward			901,012		901,012	870,822
TOTAL FUNDS CARRIED FORWARD			895,425		895,425	901,012

Balance Sheet 331A 1 12021
				31.8.21	31.8.20
		Unrestricted	Restricted	Total	Total
		funds	fund	funds	funds
	Notes	f	f	f	f
FIXEDASSETS
Tangible assets	10	1,112,354		1,112,354	1,133,770
CURRENT ASSETS
Stocks	11	50		50	50
Debtors	12	30,421		30,421	26,300
Cash at bank		249,237		249,237	283,798
		279,708		279,708	310,148
CREDITORS
Amounts falling due within one year	13	(58,284)		(58,284)	(63,889)
NET CURRENT ASSETS		221,424		221,424	246,259
TOTAL ASSETS LESSCURRENT LIABILITIES		1,333,778		1,333,778	1,380,029
CREDITORS
Amounts falling due after more than one
year	14	(438,353)		(438,353)	(479,017)
NET ASSETS		895,425		895,425	901,012
FUNDS	17
Unrestricted funds:
General fund				895,425	901,012
TOTAL FUNDS				895,425	901,012

				31.8.21	31.8.20
		Notes		E	E
Cash flows from operating	activities
Cash generated from operations			1	5,970	58,884
Interest paid				(8,345)	(10,445)
Net cash (used in)/provided	by operating		activities	~2,375)	48,439
Cash flows from investing	activities
Purchase oftangible fixed	assets			(4,419)	(4,320)
Interest received				2	38
Net cash used in investing	activities			(4,417)	(4,282)
Cash flows from financing	activities
New loans in year					50,000
Loan repayments in year				(27,769)	(25,132)
Net cash (used in)/provided	by financing		activities	(27,769)	24,868
Change in cash and cash equivalents		in
the reporting period				(34,561)	69,025
Cash and cash equivalents	at the
beginning ofthe reporting	period			283,798	214,773
Cash and cash equivalents	at the end
ofthe reporting period				249,237	283,798

RECONCILIATION ACTIVITIES	OF NET	(EXPENDITURE)/IN	COME TO NET CASH FLO	W FROM OPERAT	ING
				31.8.21	31.8.20
				E	E
Net (expenditure)/income		for the reporting	period (as per the
Statement of Financial Activities)				(5,587)	30,190
Adjustments for:
Depreciation charges				25,835	26,750
Interest received				(2)	(38)
Interest paid				8,345	10,445
Increase in debtors				(4,121)	(10,611)
(Decrease)/increase	in creditors			(18,500)	2,148
Net cash provided	by operations			5,970	58,884

	At 1.9.20	Cash flow	At 31.8.21
	E	E	E
Net cash
Cash at bank	283,798	(34,561)	249,237
	283,798	(34,561)	249,237
Debt
Debts falling due within 1year	(35,386)	(10,053)	(45,439)
Debts falling due after 1year	(459,904)	37,822	(422,082)
	(495,290)	27,769	(467,521)
Total	(211,492)	(6,792)	(218,284)

31.8.21	31.8.20
1	1

Notes	to the Financial Statements	to the Financial Statements	to the Financial Statements	-continued
for the	Year Ended 31Au ust	2021
12.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
					31.8.21	31.8.20
					E	E
	Trade debtors				22,548	13,414
	Prepayments and accrued			income	7,873	12,886
					30,421	26,300
13.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
					31.8.21	31.8.20
					E	E
	Bank loans and overdrafts			(see note 15)	45,439	35,386
	Trade creditors				1,319	6,277
	Other creditors				6,595	3,601
	Accruals and deferred	income			4,931	18,625
					58,284	63,889
14.	CREDITORS: AMOUNTS		FALLING DUE AFTER MORE THAN ONE YEAR
					31.8.21	31.8.20
					E	E
	Bank loans (see note 15)				422,082	459,904
	Other creditors				16,271	19,113
					438,353	479,017
15.	LOANS
	An analysis ofthe maturity			of loans is given below:
					31.8.21	31.8.20
					E	E
	Amounts falling due within			one year on demand:
	Bank loans				45,439	35,386
	Amounts falling due between two and five years:
	Bank loans - 2-5 years				161,806	170,216
	Amounts falling due in		more than five years:
	Repayable by instalments:
	Bank loans &5years				260,276	289,688