2021-08-31-accounts - Bradford Christian School

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Legal and Administrative	Legal and Administrative	Information
Report ofthe	Governors	and Trustees	3to 7
Independent	Examiner's	Report
Statement of	Financial Activities		10
Balance Sheet
Notes forming	part ofthe	accounts	12to

STATEMENT OF FINANCIALACTIVITIES

			Restricted	Unrestricted	Total	Total	Total	Total
Income and expenditure Incoming resources		Notes	2021 6	2021 6	2021 8	2020 f	2019	2018 f
Incoming resources from generating		funds
EYFSfunding				68,443	68,443	50,176	40,657	44,233
LEA Support (DSP)				656,930	656,930	456,650	393,386	241,462
Nursery fees				1,710	1,710	1,440	3,900	1,750
Bulkflug fund (Friends)				8,019	8,019	7,190	7,321	6,216
Donations (excluding capital grants		note 18)		3,458	3,458	12,163	12,793	6,156
HMRC Job Retention Scheme				0	0	46,401	0
Incoming resources from charitable		activities
School fees				255,538	255,538	232,285	250,666	269,416
Otherincoming resources				3,087	3,087	12,976	16,065	21,841
Total Incoming resources			0	997,165	997,165	619,301	724,813	613,076
EYFS6 LEA DSP income	%				7396	6296	6096	479t(
Resources expended
Charitable activities		12		869,535	869,536	734,507	643,806	612,191
Governance		17		31,684	31,684	31,913	34,442	35,224
Total resources expended			0	901,219	901,219	766,419	676,246	647,415
Net Incoming/(outgoing)	resources
forthe year			0	95,945	95,945	52,681	46,565	-34,339
Total funds brought forward			24,898	303,079	327,977	275,096	228,531	262,870
Total funds carried forward			24,898	399,025	423,922	327,977	275,096	228,531

				Notes	2021	2020	2019	2018	2017	2016
					6
Tangible fixed assets				2	382,115	355,350	368,289	380,992	395,741	361,623
Deferred capital grant				18	-25,544	0	0	0	0
					356,571
Current assets
Debtors and prepayments					13223	11,646	12,332	5,898	14,366	4,951
Bank accounts					159,000	77,662	11,008	12	307	457
Cash In hand					3,458	1,239	1,346	28S	286	66
					175,680	90,566	24,686	6,196	14,959	5,474
Current liabilities
Creditors					48,26t	-32,667	-20,090	-52,738	-31,628	-34,832
Net current assets (liabilities)					139,420	57,899	4,596	-46,542	-18,669	-29,358
Total assets less current			liabilities		495,991	413,249	372,885	334,450	379,072	352,265
Creditors: amounts falling
due after more than one year					-72,069	-85,273	-97,789	-105,919	-116,202	-123,630
Net assets					423,922	327,9TT	275,096	226,531	262870	228,635
Funds
Restricted funds					24,898	24,698	25,T22	26,461	36,461	56,461
Unrestricted funds					399,025	303,079	249,374	202,070	226,409	172,174
					423,922	327,977	275,09S	228,531	262,870	226,635
Approved by the Board	ofTrustees
and signed on their behalf by:
			...Trustee
					Draft
Summary Cash Movements
Forthe year ended 31		August			2021	2020	2019	2018	2017	2016
							f		f
Surplus I -Deficit for the			year		9S,945	52,881	46,565	-34,339	34,235	-6,014
Add Non cash Item
Depredation less grant		released			24,578	18,213	18,097	20,193	20,512	18,161
Funds generated from		activities			120,524	71,094	64,662	-14,146	54,747	12,14T
Funds used In capital &		funding:
Cost ofnew assets less		grants received			-25,799	-5,274	-5,394	-5,444	-34,630	-8,859
Repayment ofmortgage					-13,204	-11,865	-6,548	-10,283	-7,428	-8,338
Net funds movement	after capital Items				81,521	53,955	52,720	-29,873	12,689	-5,050
Reflected by changes		In;
Bank &Cash					83,537	66,567	37,722	-25,961	70	3
Other net assets and creditors					-2,016	-12,612	14,998	-3,912	12,619	-5,053
					81,521	53,955	52,720	-29,873	12,689	-5,050

the estimated usef	the estimated usef	ul Ufe ofthese fixed asse	ts and their anticipa	ted resid
Freehold property		and Improvements	2% straight	line
Office equipment			25% reducing	balance
School furniture	and equipment		25% reducing	balance
Motor vehlckts			25% straight	line

2. Tangible fixed assets	2. Tangible fixed assets	2. Tangible fixed assets		Freehold		School ICT
				property &	Motor	furniture &
				Improvements	vehicles	equipment	Total
				6	6	6
Cost
As at September 1,2020				597,032	12,759	104,316	714,107
AddlUons -EYFSroom, PupUs ICT				26,935	0	24,930	51,865
Disposal							0
As at August 31,2021				623,967	12,759	129,247	765,972
Depreciation
As at September 1,2020				259,148	10,063	69,547	358,757
Charge for the year				12,479	2,696	9,925	25,100
Disposal							0
As at August 31,2021				271,627	12,759	99,472	383,857
Net book value
As at August 31,2021				352,340	0	29,775	392,115
As at August 31,2020				337,884	2,697	14,770	355,350
The loan secured against freehold			property	represents	14%	ofthe cost ofthis	property.
				2021	2020	2019	2018	2017		2016
3.Debtors						6	6	f
Fees overdue				12,343	10,518	6,111	5,452	13,652		4,297
less: Provision	for unpaid fees			-5,000	-5,000
Tax recoverable				400	460	466	446		714		654
Prepaid expanses				5,480	5,648	5,754
				13,223	11,646	12,332	5,898	14,366		4,951
				2021	2020	2019	2018	2017		2016
4. Creditors						f		f
Bank overdraft							25,666
Trade creditors,	fees in advance		&accruals	12,818	11,785	1,758	6,067	13,154		16,538
Tax and social	security	costs		10,239	8,366	6,467	10,722	6,	191	7,810
Bank loan (due	within	1 year)		13,204	12,517	I1,865	10,283	10,283		10,484
				36,261	32,667	20,090	52,738	31,628		34,832
5.Creditors: amounts		due after more than one year
				2021	2020	2019	2018	2017		2016
					6	f	6	f		f
Bank loan (due	more than one year)			72,069	85,273	97,789	105,919	116,202		123,630
Analysis ofloan repayments
Between two and five		years		60,479	57,330	55,305	41,132	41,132		41,936
Over five years				11,590	27,943	42,484	64,787	75,070		81,694
				72,069	85,273	97,769	105,919	116,202		123,630

forthe year ended	August 31	,2021
			2021	2020	2019	2018	2017	2016
6.Staff costs and	emoluments
Gross salaries and	wages		693,417	568,184	487,838	464,857	446,301	358,053
Employer's national	insurance	costs	34,854	29,501	22,014	16,052	16,458	11,724
Pension costs - employer			11,570	8,935	5,496	6,719	5,120	3,870
			739,840	606,621	515,348	487,628	467,879	373,647

8.Independent	8.Independent	Examination
			2021	2020	2019	2018	2017	2016
			f	f		f	f	f
Independent	Examination Fees		0	0	0	0	0	0
9. Analysis	ofnet assets between funds
at the end ofthe year.				Unrestricted	Restricted	Total
				Funds	Funds	Funds
						f
Tangible fixed assets				356,571		356,571
Current assets				150,783	24,898	175,680
Creditors; due within one year				-36,261		-36,261
Creditors: due after more than one year				-72,069		-72,069
				399,025	24,898	423,922
10. Movements		In funds latest year
			At	Incoming	Outgoing	At
			Sepqt1	Resources	Resources	Aught
			2020			2021
			f	f	f	f
Restricted	funds		24,696	0	0	24,898
Unrestricted	funds		303,079	997,165	901,219	399,025
Total funds			327,977	997,165	901,219	423,922

						Restricted	Unrestricted	Total	Total	Torsi	Total
						2021	2021	2021	2020	2019	2018
11.Other Incoming				resources		f	f	6	f	f	f
School trips							133	133	9,350	6,746	12,793
Class photographs
Sundries							2,130	2,130	2,288	3,325	6,886
Fundraising		events					591	591	79	4,112	)
Swimming							35	35	943	812	1,722
Drama										628
Milk Money							249	249	317	461	440
Minibus
							3,067	3,067	12,976	16,085	21,841
Resources		expended				Restricted	Unrestricted	Total	Total	Total	Total
						2021	2021	2021	2020	2019	2018
12.Charitable			activities		Notes	6	6		f	f	f
Salaries and		national		insurance			728,271	728,271	597,685	509,852	480,909
Pension scheme contributions							11,570	11,570	8,935	5,496	6,719
Staff training							3,312	3,312	1,940	1,684	1,756
Rates and water							4,766	4,766	4,181	4,837	5,057
Insurance							8,106	8,106	8,761	6,950	7,426
Light and heat							22,333	22 333	15,118	12,400	14,241
Repairs and		renewals			13		14,163	14,163	9,219	11,212	15,606
Cleaning							3,151	3,151	4,017	3,691	1,756
Curriculum	expenses				14		30,559	30,559	29,568	36,560	27,703
Examination		fees					2,576	2,576	3,073	762	1,809
Ofsted &DBA							258	258	2,203	2022
School trips		and	transport				1,289	1,289	10,655	8,255	15,249
Minibus expenses							5,243	5,243	4,207	4,349	1,085
Sundry payments					15		3,981	3,961	10,699	6,293	5,144
Depreciation					16		25,100	25,100	18,213	18,097	20,193
Capital grant		spread over life			16		-522	4122
Loan Interest							5,379	5,379	6,031	11,348	7,538
							869,535	869,535	734,507	643,806	612,191
						Restricted	Unrestricted	Total	Total	Total	Total
						2021	2021	2021	2020	2019	2018
13. Repairs		and renewals				f	6		f	f	f
Property							9,076	9,076	5,648	5,646	10,712
Equipment							5,087	5,067	2,465	4,317	2,076
General									1,106	1,049	2,818
							14,163	14,163	9,219	11,212	15,606

					Restricted	Unrestricted	Total	Torsi	Total	Total
					2021	2021	2021	2020	2019	2018
14. Curriculum expenses						6			f
Consumables						7,501	7,501	6,973	9,910	12,435
Consumables -DSP						2,310	2,310	1,619	3,041
Subscriptions and	licences					10,684	10,684	7,382	4,112	4,913
Equipment						5,411	5,411	8,163	2,742
Books						1,117	1,117	241	702	1,281
Playground equipment		(donated)						4,119	3,739
Special Needs						3,536	3,536	1,071	10,471	6,864
Swimming									1,843	2,210
						30,559	30,559	29568	36560	27 703
					Restricted	Unrestricted	Total	Total	Torsi	Total
					2021	2021	2021	2020	2019	2018
15. Sundry payments					f		6	f	f	f
Christian Schools	Trust					1,521	1,521	851	1,283	116
Sundry expenses						1,970	1,970	4,296	4,373	3,920
Provision for bad debts								5,000
Bank Interest and	charges						490	553	636	1,108
						3,981	3,981	10,699	6,293	5,144
					Restricted	Unrestricted	Total	Total	Total	Total
					2021	2021	2021	2020	2019	2016
16. Depreciation					f		f	f	f	f
Freehold property	and	improvements				12,479	12,479	11,941	11,941	11,941
ICT, Equipment and furniture						9,925	9,925	4,923	4,808	6,410
Motor vehicle						2,696	2,696	1,349	1,349	1,842
						25,100	25,100	18,213	18,097	20,193
					Restricted	Unrestricted	Total	Total	Total	Total
17.Governance					2021	2021	2021	2020	2019	2018
					f	f	f	f	f
Management and	administration			ofthe charity
Salaries and national		insurance				20,000	20,000	20,000	20,000	20,000
Internet 8 telephone						1,295	1,295	1,099	1,114	2,357
Photocopier lease						4,364	4,364	4,079	3,640	2,472
Postage, printing,	stationery		and advertising			4,514	4,514	5,294	6,541	6,762
Refreshments						1,511	1,511	1,442	3,147	3,633
						31,684	31,684	31,913	34,442	35,224
18.Deferred Capital		Grant					Total	Total
							2021	2020
							f
Grants received	2021 used to fund building						26,066
Credit taken to	revenue		296straight Line				522
Carried forward	at	the year end					25,544