| Trustees | Mr B Belhomme | ||||
|---|---|---|---|---|---|
| Mr BVedrenne | Cloquet | ||||
| Mrs G Aziz-Picardet | |||||
| Mrs D Lepine | |||||
| Mrs J Louvrier | |||||
| Mr N Mair | |||||
| Mr L M M Barthier | (Appointed | 6 January | |||
| 2021) | |||||
| Mr S M A Rambosson | (Appointed | 14December | |||
| 2020) | |||||
| Ms N M M Bouche | |||||
| Mrs I BFabre de Morihon |
(Appointed | 1 October | |||
| 2020) | |||||
| Mr RShort | (Appointed | 23 March | |||
| 2021) | |||||
| Mrs C Morrissey | (Appointed | 23 March | |||
| 2021) | |||||
| Charity number | 1027932 | ||||
| Company | number | 2804123 | |||
| Registered | office | 87 Holmes Road | |||
| London | |||||
| NW5 3AX | |||||
| Auditor | KLSA LLP | ||||
| Kalamu House |
|||||
| 11Coldbath Square |
|||||
| London | |||||
| EC1R5HL | |||||
| Bankers | Barclays Bank PLC | ||||
| 1 Church Hill Place |
|||||
| London | |||||
| E145HP | |||||
| HSBC UK PLC | |||||
| Kings Mall | |||||
| 21 King Street | |||||
| London | |||||
| W6 OQF |
| Page | ||
|---|---|---|
| Trustees report | 1-6 | |
| Statement ofTrustees |
responsibilities | |
| Independent auditor's |
report | 8-11 |
| Statement offinancial |
activities | 12 |
| Balance sheet | 13 | |
| Statement of cash flows | 14 | |
| Notes to the financial statements | 15-27 |
| Unrestricted | Restricted | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|---|
| funds | funds | ||||||||
| 2021 | 2021 | 2021 | 2020 | ||||||
| Notes | f | ||||||||
| Income and endowments | from: | ||||||||
| Incoming resources French School |
from | charitable | activities | 3 | 7,970,526 | 7,970,526 | 7,426,406 | ||
| Investment and |
rental income | 4 | 2,204 | 2,204 | 14,526 | ||||
| Other income | 5 | 26,278 | 26,278 | 42,227 | |||||
| Total income | 7,999,008 | 7,999,008 | 7,483,159 | ||||||
| Ex enditure on: | |||||||||
| Charitable activities |
6 | 7,836,437 | 33,548 | 7,869,985 | 7,412,425 | ||||
| Net Income/(expenditure) | for the | year/ | |||||||
| Net movement | in funds | 162,571 | (33,548) | 129,023 | 70,734 | ||||
| Fund balances | at 1 | September 2020 | 1,256,808 | 52,673 | 1,309,481 | 1,238,747 | |||
| Fund balances | at | 31August 2021 | 1,419,379 | 19,125 | 1,438,504 | 1,309,481 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Notes | f. | ||||
| Fixed assets | |||||
| Tangible assets | 12 | 368,484 | 348,421 | ||
| Current assets | |||||
| Debtors | 13 | 133,825 | 159,638 | ||
| Cash at bank and in | hand | 3,246,641 | 3,194,650 | ||
| 3,380,466 | 3,354,288 | ||||
| Creditors: amounts | falling due within | ||||
| one year | 14 | (1,577,309) | (1,671,992) | ||
| Net current assets | 1,803,157 | 1,682,296 | |||
| Total assets less current | liabilities | 2,171,641 | 2,030,717 | ||
| Provisions for liabilities | (733,137) | (721,236) | |||
| Net assets | 1,438,504 | 1,309,481 | |||
| Income funds | |||||
| Restricted funds | 17 | 19,125 | 52,673 | ||
| Unrestricted funds |
1,419,379 | 1,256,808 | |||
| 1,438,504 | 1,309,481 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | F | F | |||||
| Cash flows from operating | activities | ||||||
| Cash generated | from operations | 22 | 194,079 | 527,816 | |||
| Investing | activities | ||||||
| Purchase | oftangible fixed assets |
(144,292) | (119,290) | ||||
| Investment | income received | 2,204 | 14,526 | ||||
| Net cash | used | in investing | activities | (142,088) | (104,764) | ||
| Net cash | used | in financing | activities | ||||
| Net increase in |
cash and cash equivalents | 51,991 | 423,052 | ||||
| Cash and | cash | equivalents | at beginning | ofyear | 3,194,650 | 2,771,598 | |
| Cash and | cash | equivalents | at end of | year | 3,246,641 | 3,194,650 |
| School fees | Reglstratlon | Other Income | Total | Total | ||
|---|---|---|---|---|---|---|
| fees | 2021 | 2020 | ||||
| 2021 | 2021 | 2021 | ||||
| f | f | |||||
| Income within | ||||||
| charitable | activities | 7,565,557 | 291,533 | 113,436 | 7,970,526 | 7,426,406 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2021 | 2020 | |||
| Miscellaneous | income | 26,278 | 42,227 | |
| CJRS claim of | F9,647 (2020:f17,665)was received | in the year . |
| French | Governance | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| School | costs | 2021 | 2020 | ||||
| 2021 | 2021 | ||||||
| Staff costs | 3,682,325 | 3,682,325 | 3,521,415 | ||||
| Catering | costs | 379,090 | 379,090 | 274,075 | |||
| Premises | costs | 2,211,344 | 2,211,344 | 2,084,556 | |||
| 6,272,759 | 6,272,759 | 5,880,046 | |||||
| Share of | support costs (see note 8) | 1,353,818 | 1,353,818 | 1,389,758 | |||
| Share of | governance | costs (see note 8) | 243,408 | 243,408 | 142,621 | ||
| 7,626,577 | 243,408 | 7,869,985 | 7,412,425 | ||||
| Analysis | by | fund | |||||
| Unrestricted | funds | 7,593,029 | 243,408 | 7,836,437 | 7,374,030 | ||
| Restricted | funds | 33,548 | 33,548 | 38,395 | |||
| 7,626,577 | 243,408 | 7,869,985 | 7,412,425 | ||||
| For the year | ended | 31August 2020 | |||||
| Unrestricted | funds | 7,231,409 | 142,621 | 7,374,030 | |||
| Restricted | funds | 38,395 | 38,395 | ||||
| 7,269,804 | 142,621 | 7,412,425 |
| 8 | Support costs | Support | Governance | 2021 | Support | Governance | 2020 |
|---|---|---|---|---|---|---|---|
| costs | costs | costs | costs | ||||
| Depreciation | 103,509 | 103,509 | 106,382 | 106,382 | |||
| Management & administration |
543,649 | 543,649 | 593,366 | 593,366 | |||
| Administration staff costs |
706,660 | 706,660 | 690,010 | 690,010 | |||
| Audit fees | 14,500 | 14,500 | 13,000 | 13,000 | |||
| Legal and professional | 228,908 | 228,908 | 129,621 | 129,621 | |||
| 1,353,818 | 243,408 | 1,597,226 | 1,389,758 | 142,621 | 1,532,379 | ||
| Analysed between Charitable activities |
1,353,818 | 243,408 | 1,597,226 | 1,389,758 | 142,621 | 1,532,379 |
| The average monthly |
number ofemployees | during the year was: | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Number | Number | |||
| Teaching Non-teaching |
53 42 |
55 31 |
||
| Total | 95 | 86 | ||
| Employment costs |
2021f | 2020f | ||
| Wages and salaries Social security costs Other pension costs |
3,781,788 339,901 267,296 |
3,621,104 299,499 290,822 |
||
| 4,388,985 | 4,211,425 |
| 2021 | 2020 |
|---|---|
| Number | Number |
| Improvements | Plant and | Fixtures, | Total | |||
|---|---|---|---|---|---|---|
| to property | machinery | fittings & |
||||
| egulpmentf | ||||||
| Cost | ||||||
| At 1 September 2020 | 389,962 | 743,990 | 671,101 | 1,805,053 | ||
| Additions | 62,924 | 57,257 | 24, 111 | 144,292 | ||
| Reversals | (20,718) | (20,718) | ||||
| At 31August | 2021 | 432,168 | 801,247 | 695,212 | 1,928,627 | |
| Depreciation | and impairment | |||||
| At 1 September 2020 | 305,562 | 637,350 | 513,722 | 1,456,634 | ||
| Depreciation | charged | in the year | 4,818 | 51,243 | 47,624 | 103,685 |
| Reversals | (176) | (176) | ||||
| At 31August | 2021 | 310,204 | 688,593 | 561,346 | 1,560,143 | |
| Carrying amount |
||||||
| At 31August | 2021 | 121,964 | 112,654 | 133,866 | 368,484 | |
| At 31August | 2020 | 84,400 | 106,641 | 157,380 | 348,421 |
| 13 | Debtors | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Amounts faliing due within one year: |
E | |||
| Trade debtors | 4,400 | 44,559 | ||
| Other debtors | 58,700 | 15,299 | ||
| Prepayments | and accrued income | 70,725 | 99,780 | |
| 133,825 | 159,638 |
| 2021 | 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Notes | |||||||||
| Taxation | and social security | 89,912 | 87,278 | ||||||
| Advance | fee receipts | 15 | 1,070,600 | 1,061,164 | |||||
| Trade creditors | 253,328 | 260,602 | |||||||
| Other creditors | 86,751 | 134,348 | |||||||
| Accruals | 76,718 | 128,600 | |||||||
| 1,577,309 | 1,671,992 | ||||||||
| 15 | Deferred | income | |||||||
| Deferred | income is included | In the financial statements | as follows: | ||||||
| 2021 | 2020 | ||||||||
| Advance | receipts ofschool | fees and registration | fees | 1,070,600 | 1,061,164 | ||||
| 16 | Provisions for liabilities |
2021 | 2020 | ||||||
| f | |||||||||
| Provision | for dilapidation | costs and major repairs | 733,137 | 721,236 |
| 18 | Analysis of | net assets | between funds | |||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
| funds | funds | funds | funds | |||||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | |||
| f. | F | E | ||||||
| Fund balances at 31 | ||||||||
| August 2021 | are | |||||||
| represented | by; | |||||||
| Tangible assets | 349,359 | 19,125 | 368,484 | 295,748 | 52,673 | 348,421 | ||
| Current assets/ | ||||||||
| (liabilities) | 1,803,157 | 1,803,157 | 1,682,296 | 1,682,296 | ||||
| Provisions | (733,137) | (733,137) | (721,236) | (721,236) | ||||
| 1,419,379 | 19,125 | 1,438,504 | 1,256,808 | 52,673 | 1,309,481 |
| 2021 | 2020 | |
|---|---|---|
| Within one year | 1,800,000 | 1,750,000 |
| Between two and five years | 7,200,000 | 7,200,000 |
| In over five years | 37,800,000 | 39,600,000 |
| 46,800,000 | 48,550,000 |
| Cash generated from |
operat | ions | 2021 | 2020 | |||
| E | |||||||
| Surplus for the year |
129,023 | 70,734 | |||||
| Adjustments for: |
|||||||
| Investment income recognised |
in statement | offinancial | activities | (2,204) | (14,526) | ||
| Depreciation and impairment |
oftangible | fixed assets | 103,509 | 106,382 | |||
| Movements in working |
capital: | ||||||
| Decrease in debtors |
25,814 | 54,250 | |||||
| (Decrease)/increase in |
creditors | (83,400) | 134,322 | ||||
| (Decrease) in provisions | 11,901 | 11,707 | |||||
| increase in deferred income |
9,436 | 164,947 | |||||
| Cash generated from |
operations | 194,079 | 527,816 |