THE HENRIEThA BARNE SCHOOL TRUST ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2021 CHARITY NUIVIBER: 1071460
THE HENRIEA BARNE SCHOOL TRUST CONTENTS FOR THE YEAR ENDED 31 AUGUST 2021 Page Trnstets, Report Ind¢ttht Exwnin¢r's RepoTt Statement of Financial Activiii¢s Balan¢¢ She¢t C&th Flow stht¢rnet Not¢s ty the Finmcial Statcmettts 10-14
THE HENRIEThA BARNE SCHOOL TRUST TRIISTEES, REPORT FOR THE YEAR ENDED 31 AUGUST J121 ADMINISTRATIVE DETAILS Inule¥3 Th¢ GoY¢n)ing Both" ofthe HenTietta Barnett Sch(M)I Re.*{ered0ffi¢e Ccntrdl Squarc Hampsiead Garden Suburb NWRI 7BN CharityNtsmber 1071460 (Engl8nd and Wal¢sl Bankers Bar¢lays Bank plc 126 StaLioii Ro Edgivarc Road Middlcs¢x HA8 7RY CAF Bank Lid 25 Kings Hill Avenu¢ Kings Hill West Mailing Kcnt ME19 4JQ IndepeA(kni E¥aminer Subama Ban¢ti¢¢ ACA UHY Hker Young LLP Quadrant Housc 4 Thomas More Squarc Lot)don EIWIYW
THE HENRIEA BARNETT SCHOOL TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2021 STRUCTURE, GOVERNANCE AND 4NAGEMENT The Trnsl submits ils statutory report together with the accounts of the Henrietta Barnett School Trnst forth¢ 'car cnd¢d 31 August 2021. Thc5c havc bccn prcpared in accord8ncc M'ith the Statement of R¢comm¢nded Practi¢¢ on"Accountin8 and Rcporting by Charities" Conititution The TTUg1 is constilul¢d under a Charity Commission S¢h¢me dated 25 June 1996 a5 aended by supplem¢nlary d¢¢d datcd 5 Fcbruary 2003, and is a regist charity, {registralion nu]nb¢r 1071460). The managcmcnt of the Trusl is the rewnsibility of thc Trnslee under Ihe l¢rnis of the 25 Juiic 1996 declaration of Tt. which was made by the IM)dy corwrate called the Gov¢rning PA)dy of The Henrietta Bwllelt kh(k)I (the School). Public Btnefit thnd Objectives The Trustee contll]llS that li ha$ complied with th¢ duly tn section 17 of the Charits'es Act 2011 ¢0 hav¢ duc r¢gard to the Charitv Commission's g¢n¢ral guidance on public benefit. The Trust's charitable puw¢ is ¢nshrined in its principal ObjIlVe.. The provi.sion and mainlenoJ¢¢ of the 'Henriella Barnell,gchiM)I' ts.¥ a school fftipporled bypiiblicfyn<* in Ihe London lJoroiiA.h ofBarnel or siich localion.s af previoiisly ogreed in w'riling by ihe Boroiigh ofBarnel. Th¢ S¢hool providcs free cducalionth facilili¢s lo children depcndent onty upon acad¢mi¢ ability regardless of gcographical locallon and withoul an>, obligation lo pay tuition or entran¢¢ exom ftts. OrgaDiIAtional Strn¢ture And Decijifjn MAking Governin% Body Th¢ Govcrning Body of the School is th¢ sole Trustee of thc Henriella Barnell School Trust and indivmlual trustccs aro not appointrd. The majority of Governo appointed direcily b). the Mcnibcrs {Foundalion Govcrnors) with Porcnl (und Stafo Govcrnors b¢in¥ elected b>, their resrectivc ¢onsliluen¢i¢s. The Head is an cx-otyicio Govcrnor. Thc Govcn)ing Body is thercforc broadly rcprcgcnlatsvc of stakeholders within the School. In appoiniing ncw Gov¢mors, tho Governing Body $kS lo bring in a broad ron8e of skills and ertise. Orgini$8tion Thc Governing Body as a Trusk¢ Lakes overall reswn5ibilil) for th¢ strategy Bnd Finances ofthe Trusl and forcnsuring its clTcctivc m8nagcment. There is no cxccutivc slafffor th¢ Trusl. However. the Scliool r¢c¢ivcs grant from thc Trust to cary out fundraiging xtiviti¢s on bchalf of the Trust. The Fmancc, Audit and Fur]draisi]ig Commitiec ofthc Govcrning Body ov¢rs¢es the financial rnanagcmcnt of thc Trust on b¢ha]f of the Twsl¢e. Dav lo day managcill¢nl of th¢ Trnsl is catTied out by thc School Busincss Manager. Induction and training of Goitrnors An induction process has been introduced by which new gov¢rnors are provided with a detaikd inforniatson pack and invited to attend a dcdicatcd training s¢ssion. In addilion, trailling opportwiilies are provided through vision days, prcscntation at m¢¢lings ond participation in GoN'crnor training olY¢r¢d by the local auihority andlor thc National Gov¢rnors' Association.
THE HEN1UEA BARNE SCHOOL TRUST TRUSTEES, REPORT FOR THE YEAR ETr4DED 31 AUGUSYT 2021 POLICIES GTaDt making policy The Henrielts Barnctt School Trust 7rtakcs grants to thc School to coi.cr prc-agreed exp¢iith'iures. The Trust¢e wee5 tliese grants accorth'ng to the School's needs and thc cxtent to which funds ar¢ ai ailable, takmg into aecoiinl anv funding Wstrictions. InvLStment Poliey Thc Hcnrictta Barnett School TTUSL holds lis ¢xcess cash in all interest b¢iJring instant access OUnt in CAF Bank. Reserves Polic). The Trust aims to hold betsi'ccn £3QQ.000 and £ I,1100,Ullll in Iree r¢scTh"¢s in ord¢r lo ¢nable it to nJ¢et unplanned ¢xpcNditurcs. Frcc rcsmcs are that part of the Trust's unrcstnctsd £unds that are frttlw available to spend on any of thc TNst'"s obj¢ctsi'cs. Ji is anticipated that th¢s¢ are most likely to bc for urg¢nt wpairs ndlor rnain1eii1t¢ of thc School and/or to mak¢ a grant to d)e School to mcet urgcnt unplanncd operatioiial n¢eds. Oi"cratl, the Tnistec operates a tight cash flow managcment SS'StenJ at all timcs to cnsurc that the Trust holds SUtTicienl cash lo 1). outstanding liabilities of thc and S¢hool. Thc Trust h¢ld W¢StnCled funds of£942.239 ai the v¢ar end. ACHIEVEMENTS AND FINANCIAL REVIEW ResulL8 for the period Total IncomÈng resoiirccs for the J¢ar cnded 31 August 2021 alll0nI¢d to £587,218 comparLxI to £244,320 during thc }'ear ended 31 Augusi 2020. In addition lo its 5UPPOrt from publi¢ funds, thc School 55 dedent upon voluntary contributions and the is a culture of gii-.ing bN' parcnts at)d othcr stakeholdcrs t]iat is now fmly ¢slablished. Th¢ sch(K)l also sold thc DOnbd Ficld C¢ntrc during thc N'car which n)ad¢ a profjt o sale of £337.052. There is a rcgular pn)gramm¢ of parental contributson that g¢ncrate5 sign1¢0nt current n¢oMe. During ihe }'car, the Trust r¢1cd iolunt¥' inco]nc 01 £249:W6 Li'eaJ end¢d 31 August 2020.. £243.21 R) and inicslmcni incomc of £170 (ycar cnded 31 Au8Us12020 £1.102). Tota] resourccs cxrKnded during thc vear ended 31 August 2021 amounted to £2,3110 compared to £24:208 during Uie lear ¢nd¢d 31 August 2020. There was no grant payable to thc Henrictta B8rn¢tt School this }'ear. In wcvious fan¢la1 periods. the major part of thc Trust-s charitable cAp¢nditurc M as th¢ grwit p,able lo Hir1e1 Batn¢ll Sch(x)l in support ofits educats'on proTrision Imd maintcnance. Th¢ grant payable dutiiib> the year was £Nil Lv¢ar aide4J 31 August 2020.. £2.3,411 }. Thc amount of thc atmualgrant to til¢ Henrietta Baniett School for the purposc of furthcran¢¢ of its Lyjucation provision is d¢]Knd¢nt on the ki'el of the projects undcrtakcn and the ability of thc school to fund tl)ese proj¢¢ls out of its reserves. In tl)e cUrt year, th¢ sch(KTrl funded any projects w]dcrtal(en Irom its own sutplus. Thc aboi'e incom¢ and expeiith'tur¢ resulied in rm overa]I net increas¢ in theTTusÉ's fimd balances of £584.918 ear end¢d 31 August 2U20. £220,112). FinuDcial Piiyition Th¢ balaiice shect thows tota] funds in sU1S of £1,345,426 as al 31 August 21121 fy¢ar ended 31 Augusl 2020.. £760:508). In SpOnS¢ to the global pwidemic ILOVID-11)), th¢ UK Goveniment has in5tigat(xt i'arious restrictions .hich havc lcd to an eeonoJ]iic dom'nlurn. An). Linancial impact on the H¢nrictta Barnctt School Trust was limited k)nd th¢ Icvel ofdoi)atsons has been maintailled. Closc moniioring of incom¢ and cxpenditur¢ mcans iai ihe Henrietta Barnett School Trust M'ould be ablc to adapi should furtlicr uiicertaiiil)" over contitiuily of donaiions d¢v¢lop as a consequen¢¢ of the ongoillg COVID-19 pandejnic. Plans for the tuture During 2021r22 the Trust plans tr) continue the stn>iig fundraising perfomance of the past vear, maintaining thc ld and biiildings and providillg graits th¢ kh(K>l as required.
THE HENRIErrA BARNErr SCHOOL TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2021 Rijk MMnAgement The Tntslee will continue to monitor the Trnst's risks and is satisfied that il has Systems in place mili8at¢ its cxposur¢ lo risks. Stement of TsteeS. regponsibli iti The Trustees are respoDsibl¢ for prcparing th¢ TTUSte¢y' Annual Rert d th¢ fu181 statcmuits in eOrdanCe with appli¢abk law and United Kingdom A¢countJng Standwds (United Kingdom Generalty A¢¢ted Accounting Prwtice}. Thc law applicable to ¢hariti¢s in England and Wal¢$ requires thc Trnste¢s to prcpare financial st&tem¢nls for cach fm8nciai year whi¢h give a true and fair N'iew of the slatc of atTairs of th¢ ¢hority and of the in¢oming resources and application of rcsources of the chwity for that lOd. In prcparing these financial stat¢ments, the are reqUId w.. s¢lect $uitabl¢ aLYountsng wlicies and appty them consist¢ntly' observc the m¢thods and prin¢iples in thc CharitiC5 SORP. make judgemcnts and ¢stimalc$ th81 rcasonabl¢ fmd prudent. slatc wh¢thcr applicable accounting standards and statemts of ffecommend pwti¢¢ have been followcd, subJt to any maleriai dcpartuffs disclosed and axplained in th¢ financial siatem¢nts' and prepar¢ th¢ fmancial stal¢m¢nls on the goin8 nc¢M ba9is unl¢ss il is inappTOPtiat¢ to pSUm¢ that the charily will conimu¢ in opcratson, Thc Trustecs arc responsible for keeping ptvper records which disclose with rcawmable euuracy the fina181 position of thc charity. and cnablc thcm to ensurc that Ihc r]nanciai stat¢ments comply Mith thc Chanli¢s Act 2011, the Charity, {Acwunls and RcpK)rts) Rcgulations 2008 and thc provisions ofthc trnst decd. Thcy ar¢ a]so resFKTrnsible lor salcguarding thc chwity's cts and hcnc¢ 18kuw reasonable sPS for th¢ prevenlion and detttson of fraud and br¢8¢he5 of law and rcgulalions, Thc Trustets are reyponsibleforthc mainknance and inte8Tity of the charity and financial infonnation in¢luded on the charity's wobsitc. Lcgislation in thc United Kingdom gov¢min8 th¢ pr¢paralion and dis8¢min10n of finpncid statemcnts may differfrom legislation in other jurisdicts"oJis. Stst¢ment of Di5doiure to Auditon So far as thc Tntstccs arc awwr, thcrc is fto r¢levthl audit infomiution of thich the company's auditors are un8wwE. Additionally. the Trustees believe thcy havc tak¢n all the neccssary Stcps they ought to have taken Trustccs in order to mak¢ thems¢lv¢s aware of any levant wdil inforn]ation and lo estsblish that th¢ company's auditors aware of that mforniation. l D.8cgM.W 2021 and Signd on the behabY.. Approved by the Trnstees on .... Peter Cosmetstos Chair of Governors
THE HEP4RtETTA BARNETh SCHOOL TRUST II%DEPENDENT EXAMINER'S REPORT TO TFIE TRUSTEES OF THE HENRIETTA BARNE SCHOOL TRUST Independent Examiner's Report to the Trnstees of the Henrietta Barnett School Trusl I rcport to thc trustces on m5- cxamination of thc accounts of Hciirictta Barnctt Sch(x)l Trnst {'the charity.) for th¢ y¢ar 31 Augus12(J21, Ivhich arc sct out oil pagcs 6 to 14. Responsibilities And Basis of Report As thc Charity trUces of the Twstvou are responsible forthc prcparation of thc accounts in accordance with thc r¢quir¢m¢nls of th¢ Chwiti¢s A¢t 2011 ('th¢ A,). J rcport in rcspccl of my cxamination of Ihc Trust¢e's accounts carried out undcr scction 145 of tl)c 2011 Act lid in ¢0m"ing out my ¢xamino1ion I haTr'c followcd all the applicable Directions giN'cn bi. thc Charity Cojnmission lder section 145(5)Ib) of the 2(Tr1 l A. Independent &Iller'S Statement I haNr eonipl¢ted niv ¢xamination. I ¢onfimi th no matcrial inattcrs havc come to my attention in cOnntiOn 'ith thc cxaminatson giving mc cause to belici'c that in matcriai rc4)¢et- counting rLrords ¢rC not kept in respect of thc Trust as requiTcd by ction 130 of th¢ A¢t; or the accounts do nol accord M'itb those records. or I hai'e no coiicerns and have come across no other matters in ¢onne¢tion 1th the ¢xamfftllation to which atlentioii should be drawn lli iliis rerort in order to enable a proper understanding of the cOunts lo b¢ r¢a¢hed. Subarna Banerjee ALA UHY Hacker Young LLP Qu*1rt House 4 Thomas Square Londoi) Elw IYW 6 December 2021
THE HENRIETTA R4RNETT SCHOOL TRUST STATEMETrtr UF FINANCIAL ACTivrriES FOR THE YEAR ENDED 31 AUGUST 2021 3J August 2021 31 August 2020 Tota] unds Notes Unrestricted Funds Restricted Funds Funds Ineomin2 resouryeq Donats'ons and legxies Investments 249,796 1711 249.996 170 243,218 1,102 Other tradiDg adivities Profil on sale of land and buildings 337,052 337,U52 Total 249,SlJl O 337,252 587,21 244.32U EApenditure on: ChaTilabl¢ ti1'Itt¢S Gov¢rnatt¢¢ ¢osts 190 675 1,435 23,558 650 675 Total 865 1,435 2,300 24.2U8 Nct 0V¢In¢ll1 in funds 249,101 335,817 584,918 220,112 Fwid Trdnster Fund balanccs at 31 Au2li$t 20211 11 693,138 67,370 7(.51) 540.396 Fulld balw]ces at 31 August 2021 942239 403,187 1,345,426 760,508 All of th¢ Trust's activities dcrivc from contsnuing opcrntions during th¢ ftn8n¢ia] p¢riod. A Statement of Total R¢eognised Gains and Losscs is not rcquircd as all gains and losscs arc included in thc Statcmcnl of Financial Actsvities.
THE HENRIEThA BARNErf SCHOOL TRUST STATEiWETrtr OF FINANC.'IAL AcfivITIES FOR THE YEAR ENDED 31 AUGUST 2021 ComparnliTrc intDrn)8tion 31 August 21)2n Totsl Fund$ 31 AgUSt 2019 Total Notes un$¢neted Funds Re%tricted Incoming rL'sourte Donalions and Icgacics tnv¢stmcnts 242.018 1,102 1,2 243218 1,102 252,930 1.399 Total 243,120 1,200 244,320 254,329 Expenditllre oll: Lharitabk activities Goiernance ¢o$ts 23,558 65U 23.-558 650 214,289 650 Total 24.208 24,208 2J4,939 Nel movement in tunds 218,912 1.2 220.112 39.3YU Fund Transfer Fund balunces at 31 August 2019 11 474,226 66,170 540,396 501.0()6 Fund balanc¢s & 31 August 2020 693.138 67J70 760,508 540J96 All of the Trnst's activities deIiv¢ from continuing operations during thc financial pcriod. A 5iatcinent of Total Rn]Sed Gains and tA)sses is not requilul as all gains and 105SCs arc includcd in the StaLem¢nl of Financial A¢tsvilies.
THE HENIUErrA BARNETh SCHOOL TRUST BALAI¥CE SHEET AS AT 31 AUGusf 2021 31 August 2021 31 August 2020 CurreDt assets Debtors Cash in hand and at bartk 9,691 1,338.495 19.002 981.032 io 1?48,186 1,000,034 Li#bilitieJ Cr¢dilors'. amounts f8llillg due within one year (2,760) (239,526) Nrt eurrent awts l J45,426 760,508 Iyet AsKts 1,345,426 760,5118 Tbe funds of the atademy: Restricted income funds Rcstricled income funds 403.187 67,370 Tot41 restricted fundj 403,187 67.370 Unrejtricied income fundi Gener fund 942.239 693.138 Total funds ,345,426 760,508 The financia] statcmcnts on pages 6 to 14 were approved by the Board of TruslL*s, and authorised for issue on . l.D. ... 21121 and arc si8ncd on their behalfby.. Peter Cosmetato8 Chw'r of Govemors
THE HEI¥RIEThA BARNETT SCHOOL TRUST CASH FLOW STATEMENT UR THE YEAR ENDED 31 AUGUST 2021 No¢( 31 August 2021 31 Au211St 2020 Cash flows from operating activities 20,241 267.261 Cash IloTrvs from invuting activiti 337,052 CL¥h flnws from fiDAncing acliTrities 170 1,440 Cbangc in cash and casb equivalent5 ID the reporting perio(J 357.463 268,701 Recollcilithtion vf net casb flow to moTr'emcnt in funds: Chamge in ch and c&8h equiN'alents in the rerting peri(xl 357,463 268,701 Movcmcnt in Jict funds in th¢ p¢rÉod 357.463 268,701 Cash and £h cquii'alents at the beginning of period io 981.032 712,331 Ca$h CAsh equii'alents at the end of the period io ,33X.495 981,032
THE HENRIETTA BARNETT SCHOOL TRUST NOTES TO THE FINANCL4L STATEMENrs FOR THE YEAR ENDED 31 AUGUST 2021 Auounling policies Principal &ccountiDg policies Basis of accounting Thc accounls haN"cb¢en preparcd on a going concern basls underdie Iii$lorical cost convention and in cord)Ce ii.iih Applicablc United KiD8dom Account5ng Standards (Unit¢d Kmgdoro Gen¢rall%" Acc¢ptd Accounting Practice) and th¢ Sment of Recommcndcd Pra¢ticc on 'A¢1t1n8 and R¢porting by Chatits¢s" issu¢d b}, the Charity Coniinission. The financial statements hav¢ been preparcd in slerling. which is the fwictiona] ¢UnnCY of th¢ comp&iv. Th¢ rinancial stalcmcnts hal'c b¢en preparcd und¢r the historic cost conv¢ntion. A summary of the prin¢ipal accountxng policics adopl¢d {which hav¢ been applied wnsisientlv. ¢x¢¢pt wherc noted), judgcments alld kc!, sources of ¢stimation unccrtaintv, is set oui below. Going concern Thes¢ a¢counts a prepared on a going conccrn basis. As showm on th¢ balance she¢L Ih¢ Trusi held nei current assels of £1:345.426 as 31 Au8USt 2021. and the TrnS1 is of the opinion that the lrnst will be abl¢ Éo conlinu¢ in operation fJn8nciall)' for aL least a I.¢1v¢ month period folloiiing approi'al of thc accounts. In SponSe to thc global pandemic (COVID-19), the UK GoNemD]¢llt has instigatcd Trarious rcstiictions ivhich hal'c lcd io an Lxonomic domntsm. Ani" r]nancial impact on the Henrietta Barnett School Trnst Th'as limttcd and the ki'¢1 o£- donations has becn maintaincd. Closc mollitoring of in¢ome and cxp¢nditure nieatis ihat the H¢nri¢tta Barnett School Trust iTrould be able to adapt should furth¢r uncettiinty oN'er ¢oiitinuity of donations d¢ielop &s a Consequence of tli¢ ongoins COVID-19 pdeIe. Incoming resources All incoming Tesowe¢s are included in th¢ statejnenl offinancial activili¢s when thc Trust is lega]ly eDtiil¢d to thc incomc and ihe amounl can b¢ quanlified wilh reasonabl¢ a¢¢uracy. Incom¢ tax recoi'crabl¢ im lation to donations reccivol und¢r Aid or d¢eds of coTr¢nant is recognised at the lim¢ of donalioii. Rcsources eXpeded All cxpcnditure is accowiLgJ lor on an accruals basis and h&$ bcen in¢ludcd undcr ¢xpense categori¢s that aggrcgale all costs for allocation acLivili¢s they hav¢ tr£en allocat¢d on a b15 ¢on$istcnt with thc uge of sources. Govemancc rosls are t]?osc incurred in connc¢tion with lministration of the compani. gnd compliancc with eonslilutional stsluiory r¢quireiiicnts. Granls are paid lo The Henriclla Bamett Scliool loardS thc Trarious Purposes as dis¢loscd in Notes 4 &id 5. Such grants arc included in th¢ accounls wh¢n tl*v are w]coiiditionall!' approi.cd by thc Trustcc. Fund A£fountin% Gencral funds arc UEw¢%tricked funds which atE aYailabl¢ for use at the dis¢relion of th¢ Trusiee m rth¢ranGe of the g¢nernl objcctsves ofthe Trust and h]ch havc not bccn dcsigna¢¢d for other purposes. Restricted funds are lunds which arc to be used in accordan¢e wrth spwifi¢ restrictions imposed by donors hich hai"c b¢en raiscd by the Trust for particular purposes. The cost of raistng and administrating such funds arc chargcd against Ihc sp¢cJfic fund. Th¢ aitn and use ol eh rcstrict¢d fund is sct out in thc notss lo th¢ accounts. io
THE HENRIErrA BARNE SCHOOL TRUST NOTES TO THE FINANCL4L STATEMETrllS FOR THE YEAR ENDED 31 AUGUST 21)21 Accounting policiL% (Lntinued) Criti¢lll aeeounting e8timate$ &nd arclls of judgement Accounting cstimatcs judgcmcnts ¢otttinuall}" ¢i'aluated and b&8LxI on historical experiellcc aT)d othcr factor& including ¢Xaton$ of futsrc events that are beliei.ed to bc rcasonablc undeT the circumstanees. Critical accouTrtlDg timate5 assumi)tions The Trusl mak'es eslimatcs and aSsUpIlo1ls ¢oiic¢rning the future. The resuliing &countuig cstiwatcs and assumptioiis iiill, b}. d¢finiliot4 s¢ldotll ¢qual th¢ related aclual results. There We no ¢sti]nalcs and assw]Rplions idcntificd which have a significant risk of causing a material jUslent to th¢ ¢aming amounts ol ass¢ts and liabilities rythIn Ihc ncxt financial Trear. Donations gnd ILyiies 31 August 202] 31 August 202 Donations 249.996 243,218 3. Ini'estment Income 31 August 2021 31 Allg5t 20211 Interest Rc¢civ¢d 170 1.102 4. C05t ofactii'ities in lurtherance ofthe Trnst's objectiit5 31 August 2021 31 Au%u$t 2020 GTants to The Henrictta Barnctt School (note 5) Bank charges Roix)tics expcnditurc Louisa fwid ¢xd1tr¢ Governall Losts 23.411 147 190 2(X) 1.235 675 650 2.300 24208 GranLq to the Henrietta Bthrnett School 31 Auguyt 2021 31 August 2020 Grants given to The Henrietta Barnett School Library and otfiee developjnent costs Donhcad Costs 13,369 10,042 23,411 li
THE HENRIETTA BARNETT SCHOOL TRUST NOTES TO THE FILYANCIAL STATEMENPJ FOR THE YEAR ENDED 31 AUGUST 21121 Debtors 31 August 2021 31 August 2020 Tax recoyerable Trade d¢btors 9.691 8,960 10.042 9,691 19,002 7. credito fa]IiDg due i•ithin one year 31 August 21121 31 Augult 2020 Awounts owed lo Thc H¢ll¢tta Barnctt School Ac¢nthis and Defw¢d irwrn¢ Oth¢r creditors 65U 675 1,435 238.876 6.50 2,760 239,fj26 Financial instruments 31 Aug#$t 2021 31 August 2020 Carrying amount of financial &%sLts Debi instrumcnts mcasurLNJ at amortIs cost 1,348,186 1,000.034 Carrying amount of tinanfial liabilities Measured al amortssed cost (2,760) {239,526) Reconciliatloll of net income to net cash RnfloTh' I'rom operating and investiDg activities 31 Augu¥t 2021 31 August 2020 Net in¢om¢ for the year Less inlestmcnt incom¢ for ihe vear Dccrcasc in dcbtors IDccrcasc)lincrcasc in crcditors 247,866 (170) 9,311 {236,766) 220,112 (1,102) 24,3011 23,951 Net cash infloTrTr from Dperating activities 20,241 267261 12
THE HENRIEA BARNE SCHOOL TRUST L OTES TO THE FINALYCIAL STATEMEf+trii FOR THE YEAR ENDED 31 AUGUSY 2U21 31 August 2021 31 Augllyt 2020 Sale of1}d buildkngs 337,052 Net cash inflow frtjm ini'eyting activiti¢5 337.U52 10 Anall'sis of cosh ond cash equiTr2l¢nts 31 August 2021 31 AgUSt 2020 Cath in hand and at bank 1238,495 981,U32 I l Fund8 B&lMDce at 31 August Incoming R•r(eS 2020 rcsources pended GaiD% Balancc at Ioss(5 & 31 August trart%fers 21)2l Restrieted gemerjl funds Louisa Fund HBST bursan, grdnt fund Robotics Sale o[DOnad Field Ccntrc 48,170 18,000 ,2QO (1235) 46,935 18.000 1200 337,n52 200 337,0.52 {200) To¢ai reslrided funds 67.370 337252 {1,435) 403,187 Unrestricted fund Unrcstricled fund 693,138 249,966 {865) 942,239 Total funds 760,508 i87,218 (2,100) 1,345,426 12 ADal)sA% of net ussets behTr'een funds Fund ba]anccs at 31 August 21121 arc r¢pres¢nt¢d bv.. Re%trieted general funds Totlll Total t'unds 202 Unnstrict Iunds 2021 Curreiil assets CurrlL liabilili¢s 943,564 (1,325) 4(14,622 1.348,186 1,OUU.034 (1,435) (2.760) (239.526) Total net assets 942,239 41.1,229 1,34.5,426 760,508 13
THE HENRIETTA BARNETT SCHOOL TRUST N(yfES TO THE FINANCLIL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 13 Ano]v515 Ot. cb&nge¥ in net debt 31 Augyst 21121 September 2020 tIow5 Cash 981.032 357,463 1 J38.495 14 Related Part). Transactions The Trust is controlled bs. The Henrietta Barn¢tt School. a charitabl¢ compan!, imcorporaied in England and Walc5 (rcgistcrcd compan!. numbcr". 07W2842}. The consolidaied accotmts of The Henrietts Barnett SchLM)I ca bc obtain¢d h. application to th¢ ci)mpani' secretaTr' at Central Square: Hampstcad Garden Suburb. London: NWI17BN. The Trust rcimbwscs thc schix)I for thc costs of administration of the Trust. Such expenses in the year amountcd io £Nil {2020.. £13 J69). At thc vcar CTKI thc Trusl owed Th¢ H¢nrietta Barn¢tt Scliool £650 (2020.. £238,¥76). Thc moTr'cllKnt is duc lo cash paid oTr'¢r duTing th¢ Year. The Govemors olthe Henrietta Bamett School Trust lTravc thr sliarcd Govcntors Witli Donhcad Ficld Ccnlrc. In thc vear: Het]rietta Barnett School Trnsl paid cxpcnscs totalling £Nil {2020.. £1,764) on behalf of the DonheI Fi¢ld C¢ntsr iM¢llld¢d thithin charitable actii'itics. The outstanding balance as at the year-end Tha5 £Nil (2020.. lo,?). 14