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2020-08-31-accounts

Page
Report ofthe Trustees 1 to 3
Independent
Exantiner's		 Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements 7 to 13
Detailed Statement ofFinancial Activities 14

2020 2019
Unrestricted Restncted Total Total
fund funds funds funds
Notes f f f
INCOtME AND ENDOVVMENTS FROVI
Donations
and legacies		 47,538 110,917 158,455 145,094
Other tradmg
activities		 449 449 7,074
Investment
tnconte		 425 425 867
Other income 4 4 4
Total 48,416 110,917 159,333 153,039
EXPENDITURE ON
Raising
fttnds		 130,434 130,434 124,921
Charitable
activities
Charitable
acttvittcs		 10,682 10,682 8,222
Total 10,682 130,434 141,116 133,143
NET INCOihIE/(EXPENDITURE) 37,734 (19,517) 18,217 19,896
RECONCILIATION OF FUNDS
Total funds brought fomvard 138 243,039 243,177 223,281
TOTAL FUi iDS CARRIED FORVVARD 37,872 223,522 261,394 243,177

Balance Sheet
31August 2020
2020 2019
Notes
CURRENT ASSETS
Debtors 43,876 42,569
Cash at bank and ui hand 219,518 206,732
263,394 249,301
CREDITORS
Amounts
falling duc within one year		 12 (2,000) (6,124)
NET CURREiVT ASSETS 261,394 243,177
TOTAL ASSETSLESSCURRENT
LIABILITIES 261,394 243,177
iVET ASSETS 261,394 243,177
FU'IIDS 14
Unrestricted
funds		 37,872 138
Restricted funds 223,522 243,039
TOTAL FUNDS 261,394 243,177

2020 2019
f
Music Income 449 7,074

2020 2019
f.
Bank interest 425 867

Raising donations and legacies
2020 2019
SGHS Neibooks 130,434 120,772
Other trading activities
2020 2019
f
Purchases 4,149
Aggregate
amounts		 130,434 124,921

Grant
funding
ol'
activities Support
(see note costs (see
7) note 8) Totals
f f, f
Charitable activities 8,370 2,312 10,682

Support costs , included
in the		 above, are as follows:
2020 2019
Chantablc Total
activities activities
f f
Bank charges 100
Accountancy and indepcndcnt exannncrs fcc 2,312 2,000
2,312 2, 100

Unrestricted Restncted Total
fund fimds funds
f f
liVCOiNIE AND EtVDOIVMENTS FROM
Donations
and legacies		 145,094 145,09-1
Other trading
activities		 7,074 7,074
hlvcstlllcllt
lncolllc		 867 867
Other lncolnc 4 4
Total 7,945 145,094 153,039
EXPENDITURE OiV
Raising filnds 4,149 120,772 124,921
Charitable
activities
Charitable
activities		 8,222 8,222
Total 12,371 120,772 133,143
NET INCOiilE/(EXPENDITURE) (4,426) 24,322 19,896
RECOiVCILIATIOiV OF FUNDS
Total funds brought forward
As previously
reported		 4,564 287,008 291,572
Prior year adjustment (68,291) (6S,291)
As restated 4,56i4 218,717 223,281

for the Year Ended 31August 2 for the Year Ended 31August 2 for the Year Ended 31August 2 020 020 020 020
10. COihIPARATIVES FOR THE STATEihIENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
fund funds funds
f 6
TOTAL FUNDS CARRIED FORIVARD 138 243,039 243,177
11. DEBTORS: AWIOUNTS FALLING DUE tiVITHIN ONE YEAR
2020 2019
Gill aid recoverable 43,412 42,105
Other debtors 464 464
43,876 42,569
12. CREDITORS: AMOUNTS FALLING DUE VVITHIiN ONE YEAR
2020 2019
f
Accruals and dcfcrred income 2,000 6,124
13. ANALYSIS OF NET ASSETS BETVVEEN FUNDS
2020 2019
Unrestricted Itcstrictcd Total Total
fund funds funds funds
f f f
Current assets 67,985 195,409 263,394 249,301
Cunent liabilities (30,113) 28, 113 (2,000) (6,124)
37,872 223,522 261,394 243,177
14. ihIOVEihlENT IN FUNDS
Net
ill ave fl le Iit At
At 1.9.19 in funds 31.8.20
f f
Unrestricted funds
General fund 138 37,734 37,872
Restricted
funds
JVV Enunott Scholarship Fund 1,334 1,334
Netbooks Fund 241,705 (19,517) 222,188
243,039 (19,517) 223,522
TOTAL FUNDS 243, 177 18,217 261,394

lnconung Resources Movement
resources expended ln funds
f.
Unrestricted funds
General fund 48,416 (10,682) 37,734
Restricted
funds
Netbooks Fund 110,917 (130,434) (19,517)
TOTAL FUNDS 159,333 (141,116) 18,217
Comparatives for movement in funds
Prior Viet
year nlovcmcnt At
At 1.9.18 ad)ustment in funds 31.8 19
f. f
Unrestricted funds
Gcncral fund 4,564 (4,426) 138
Restricted
funds
JW Emmott Scholarship Fund 1,334 1,334
Nctbooks
Fund		 285,674 (68,291) 24,322 241,705
287,008 (68,291) 24,322 243,039
TOTAL FUi iDS 291,572 (68,291) 19,896 243,177
lnconllilg Resources Movement
tcsoilrccs
f		 expended
f		 in funds
f
Unrestricted
funds
General fund 7,945 (12,371) (4,426)
Restricted
funds
Netbooks Fund 145,094 (120,772) 24,322
TOTAL FUNDS 153,039 (133,143) 19,896

Prior Net
year movement At
At 1.9.18 ad)ustment in funds 31.8.20
f. E f.
Unrestricted funds
General fund 4,564 33,308 37,872
Restricted funds
JW Enunott Scholarship Fund 1,334 1,334
Netbooks Fund 285,674 (68,291) 4,805 222,188
287,008 (68,291) 4,805 223,522
TOTAL FUNDS 291,572 (68,291) 38,113 261,394
1llcollllng Resources Movement
resources capcnded tn funds
f f
Unrestricted
funds
General fund 56,361 (23,053) 33,308
Restricted
funds
Netbooks Fund 256,011 (251,206) 4,805
TOTAL FUNDS 312,372 (274,259) 38,113

Detailed Statement ofFinancial Activities Detailed Statement ofFinancial Activities
for the Year Ended 31August 2020
2020 2019
f.
INCOME AND ENDOWMENTS
Donations
and		 legacies
Donations
and Gifts		 115,043 145,094
Gilt aid 43,412
158,455 145,094
Other trading activities
Music Income 449 7,074
Investment
income
Batik interest 425 867
Other income
wayleave
Total incoming resources 159,333 153,039
EXPENDITURE
Raising donations and legacies
SGHS Netbooks 130,434 120,772
Other trading activities
School shop stock 4,149
Charitable
activities
Payments
made		 to SGHS 8,370 6,122
Support costs
Finance
Bank charges 100
Governance costs
Accountancy and mdcpcndent eaammcrs fee 2,312 2,000
Total resources cspended 141,116 133,143
Net income 18,217 19,896