2020-08-31-accounts

Trustees			Sir R Dowling
			Mr BKicks
			Ms S Boyd
			Dr E insch
			Mr A Sharif		(Appointed	11 December
					2019)
			Mr K Hawkins		(Resigned	10August
					2020)
			Mr L Lee		(Appointed	9 December
					2020)
Charity	number		1079647
Company		number	03861455
Registered		office	31 Calthorpe	Road
			Edgbaston
			Birmingham
			B151RX
Auditor			Azets Audit Services
			Thorpe House
			93 Headlands
			Kettering
			Northamptonshire
			United Kingdom
			NN15 6BL
Bankers			Lloyds Bank
			1 Calthorpe	Road
			Birmingham
			United Kingdom
			B151QL
Solicitors			Irwin Mitchell
			31 Temple Street
			Birmingham
			United Kingdom
			B25DB

		Page
Trustees report		1-5
Statement ofTrustees	responsibilities
Independent auditor's	report	7-9
Statement offinancial	activities	10
Balance sheet
Statement ofcash flows		12
Notes to the financial	statements	13-25

Meetings ofthe Council
The Council holds a general meeting		at	least		once every School					term,		with	meetings		called		more		frequently		if
required.
The day-to-day running ofthe School		is	delegated to the Headmaster									and	the	Deputy		Headmistress				supports
this function.
The Members ofthe Council who	served		during			the year to the			date of			signing were as				below:
Sir Robert Dowling
Mr Kishen Hawkins
Mr Barry Kicks
Ms Suzanne Boyd
Dr Elspeth Insch
Mr Ashley Sharif
Mr Lenroy Lee
Risk management
Along with the Headmaster, The	Finance,			Staffing and			General			Purposes			Committee			continue		to monitor			the
risk plan which includes key items such			as	law		and regulation;			governance				and leadership;				strategic			function;
operational function; finance and	the external				environment.
Under the advice of the Finance,	Staffing			and		General	Purposes				Committee,			the Council			have		reviewed		the
key risks to the School which currently		include				but are not exclusive to:
Legal compliance with key legislation,
Safeguarding,
Changing demographic of pupils	—including				specialist		work with			SEND pupils,
Health and Safety ofthe School	site,
Regulatory changes and compliance		with		ISI		(Independent		School Inspectorate) and								the Charity
Commission,
Financial planning ofthe School's resources					including		LAfunding,
Business planning and strategy	for the		School's development						and growth,
Governance and operational structure			relating			to the Council and					staff,
Revised credit control procedures		to	ensure that debts					are		collected			in a timely			way	thus		reducing		the
School's exposure to bad debt,
The need for more space for growing		numbers				of pupils,
Infrastructure ofthe School's IT	system.
Recently suggested rent increases		by	the Calthorpe				Estate (the				School's Landlords)					are	a major			challenge
for the School.

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
		Notes	2020 E	2020 E		2019 F	2019f	2019 E
~erne from:
Donations and legacies		3	3,710	2,300	6,010	561	1,553	2,114
Charitable activities		4	5,042,190		5,042,190	4,632,836		4,632,836
Investments		5	397		397	345		345
Total income			5,046,297	2,300	5,048,597	4,633,742	1,553	4,635,295
Ex enditur
Charitable activities		6	4,891,235		4,891,235	4,452,553		4,452,553
Other			(8,262)		(8,262)
Total resources
expended			4,882,973		4,882,973	4,452,553		4,452,553
Net income for the year/
Net movement	in funds		163,324	2,300	165,624	181,189	1,553	182,742
Fund balances at 1
September 2019			1,415,633	19,031	1,434,664	1,234,444	17,478	1,251,922
Fund balances	at 31
August 2020			1,578,957	21,331	1,600,288	1,415,633	19,031	1,434,664

				2020		2019
			Notes
Fixed assets
Tangible assets					760,066		923,448
Current assets
Debtors			12	203,167		322,250
Cash at bank and	in	hand		1,083,074		601,798
				1,286,241		924,048
Creditors: amounts		falling due within
one year			13	(446,019)		(412,832)
Net current assets					840,222		511,216
Total assets less	current liabilities				1,600,288		1,434,664
Income funds
Restricted funds			16		21,331		19,031
Unrestricted funds					1,578,957		1,415,633
					1,600,288		1,434,664

						2020		2019
					Notes			F
Cash flows from operating			activities
Cash generated from		operations			22		477,740		151,873
Investing	activities
Purchase	oftangible	fixed assets				(14,514)		(130,334)
Proceeds	on disposal	oftangible		fixed
assets						17,652
Interest received						398		345
Net cash investing	generated activities	from/(used		in)			3,536		(129,989)
Net cash	used in financing		activities
Net increase in cash and cash				equivalents			481,276		21,884
Cash and	cash equivalents		at beginning		of year		601,798		579,914
Cash and	cash equivalents		at end of		year		1,083,074		601,798

Donations and legacies
	Unrestricted	Restricted	Total	Total
	funds	funds
	2020 E	2020	2020f	2019
Donations	3,710		3,710	561
Grants		2,300	2,300	1,553
For the year ended 31August 2019	561	1,553		2,114

Charitable activities
	2020	2019
	E
Gross fees	3,592,855	3,582,340
Teaching support fees	979,759	1,072,542
Sibling and other discounts	(17,231)	(20,498)
Sundry	22,787	(1,548)
COVID-19 income	464,020
	5,042,190	4,632,836

Unrestricted	Unrestricted
funds	funds
2020	2019
f.	F
397	345

Charitable activities
	Direct Costs	Support Governance Costs Costs		Total 2020	Total 2019
	2020	2020	2020
Staff costs	3,108,518	441,841		3,550,359	3,482,525
Depreciation and impairment Bursaries	473,726	168,505		168,505 473,726	177,918 314,790
Scholarships Departmental expenses Rent, rates, heating and lighting Catering expenses Miscellaneous expenses Furniture and equipment Maintenance	49,062 53,342	161,666 49,127 171,154 105,934 89,725		49,062 53,342 161,666 49,127 171,154 105,934 89,725	63,147 86,832 222,832 56,514 116,491 75,276 65,795
Kitchen equipment Bad debts		810 2,587		810 2,587	511 (227,609)
Bank charges and interest Auditor's remuneration		4,838	10,400	4,838 10,400	4,331 13,200
	3,684,648	1,196,187	10,400	4,891,235	4,452,553
	3,684,648	1,196,187	10,400	4,891,235	4,452,553

Fees payable to the charitable	company's	auditor and associates:	2020	2019
			F	F.
Audit ofthe charitable company's	annual accounts		9,600	9,600
In respect of associated pension schemes Audit-related assurance services			800	3,600

The average	monthly number ofemployees during	the year was:
		2020	2019
		Number	Number
Teaching staff Support staff Nursery Maintenance	staff	61 29 10 7	58 41 10 8
Administration	staff	13	10
Total		120	127
Employment	costs	2020f	2019f
Wages and salaries Social security costs Other pension costs		2,869,137 255,664 425,558	2,898,041 255,478 329,006
		3,550,359	3,482,525

The wages	and salaries bala	nce inc	ludes ag	ency staff cos	ts off75,988(2019:	f100,408).
The number	of employees	whose	annual	remuneration	was f60,000 or
more were:
						2020	2019
						Number	Number
f80,001 - f90,000						1	1
f90,001 - f100,000							1
f100,001 -	f110,000

11	Tangible fixed assets
			Short-term	Expenditure	School	Computer	Total
			leasehold	on building	equipment	Equipment
			property	enhancement
				F
	Cost
	At 1 September 2019 Additions		824,947	1,626,817 5,114	58,557 9,400	480,548	2,990,869 14,514
	Disposals		(1,140)			(16,512)	(17,652)
	At 31August 2020		823,807	1,631,931	67,957	464,036	2,987,731
	Depreciation and impairment At 1 September 2019 Depreciation charged in the year Eliminated in respect ofdisposals		581,798 17,280	1,048,863 108,333	22,693 11,644	414,068 31,248 (8,262)	2 067422 168,505 (8,262)
	At 31August 2020		599,078	1,157,196	34,337	437,054	2,227,665
	Carrying amount At 31August 2020		224,729	474,735	33,620	26,982	760,066
	At 31August 2019		243,149	577,954	35,864	66,481	923,448
12	Debtors
						2020	2019
	Amounts falling due	within one year:					f
	Trade debtors					62,490	257,754
	Prepayments and accrued income					140,677	64,496
						203,167	322,250
13	Creditors: amounts	falling due within	one year			2020	2019
	Other taxation and social security Trade creditors					63,644 143,201	59,113 68,784
	Other creditors					160,916	150,140
	Accruals and deferred	income				78,258	134,795
						446,019	412,832

14	Deferred	Income
				2020	2019
					E
	Deferred	income at 1 September 2019		97,855	61,511
	Resources deferred		during the year	41,318	97,855
	Amounts	released	from previous years	(97,855)	(61,551)
	Deferred	income at 31 August 2020		41,318	97,855

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18	Analysis of	net assets	between funds
			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			2020	2020	2020	2019	2019	2019
			F	F	F	F	F
	Fund balances at 31
	August 2020	are
	represented by: Tangible assets		760,066		760,066	923,448		923,448
	Current assets/ (liabilities)		818,891	21,331	840,222	492,185	19,031	511,216
			1,578,957	21,331	1,600,288	1,415,633	19,031	1,434,664

22	Cash generated	from	from	operations	operations						2020	2019
											E
	Surplus for the year										165,624	182,742
	Adjustments for:
	Investment income recognised in statement						offinancial	activities			(397)	(345)
	Gain on disposal	oftangible			fixed assets						(8,262)
	Depreciation and	impairment			oftangible	fixed assets					168,505	177,918
	Movements in working			capital:
	Decrease/(increase)		in	debtors							119,083	(112,778)
	Increase/(decrease)		in	creditors							33,187	(95,665)
	Cash generated	from		operations							477,740	151,872
23	Analysis ofchanges			in net	funds
									At	1 September	Cash flows	At 31August
										2019		2020
										E	E
	Cash at bank and	in	hand							601,798	481,276	1,083,074
										601,798	481,276	1,083,074