2021-08-31-accounts

Contents
Reference and administrative	information
Annual Report of the Governors
Strategic Report
Directors' Report
Statement of Governors'	Responsibilities
Independent Auditor's Report
Statement of Financial Activities
Balance Sheet
Statement of Cash Flows
Notes to the Financial Statements

			Notes	Unrestricted	Restricted funds	2021 Total	2020 Total
				2"000	R'000	R"000	R'000
Income from:
Donations						20
Charitable activities				10,532		10,532	9,350
Investments
Other income
Total				10,590		10,597	9,637
Expenditure	on:
Raising funds
Charitable activities				9,925		9,930	9,253
Total				9,925		9,930	9,278
Net income							359
Transfers between
funds
Net movement		in
funds
Reconciliation		of
funds:
Total funds brought forward				11,102		11,149	10,790
Total funds carried forward				11,767	49	11,816	11,149

		Notes	2021
			F'000	R"000
Fixed assets:
Tangible assets
Investments		10	3,541	2,550
Total fixed assets			11,558	10,711
Current assets:
Debtors			203
Cash at bank and	in hand
Total current assets			2,696	2,485
Liabilities:
Creditors: amounts	falling due within one year		2,231
Met current assets
Total assets less current liabilities			12,023
Creditors: amounts	falling due after more than one		207	248
year
Total net assets			11,816	11,149
The funds of the	school:
Restricted income	funds
Unrestricted funds			11,767	1 I,102
Total school funds			11,816	11,149

				Notes	2021	2020
					R'000	2'000
Cash flows from operating	activities:
Net cash provided by operating activities					1,401
Cash flows from investing	activities:
Interest from investments
Purchase of property, plant	and equipment				(224)	(227)
Purchase of investments
Net cash used ininvesting	activities				(1,206)	(1,149)
Change in cash and cash	equivalents	in the	year		195	(200)
Cash and cash equivalents the year	at the beginning		of		2,298	2,498
Cash and cash equivalents	at the end	ofthe	year	22	2,493	2,298

3	Incom		e from	ch	aritable	activities
								2021	2020
								E"000	R'000
Fees	receivable		for tuition						9,686
Less:	discount		relating to school closure during				lockdown		(476)
Less:	bursaries,		discounts		and allowances				(809)
								9,666	8,401
Other	income
Total								I0,532
All income from charitable					activities	is unrestricted
4	Other		income
								2021	2020
								F'000	2'000
Job Retention		Scheme		grant income
5	Expenditure			on	raising	funds
								2021	2020
								R"000	E'000
Fund	raising expenses

	Staff costs	Depreciation	Other cost	2021 Total	2020 Total
	R'000	R'000	R'000	R'000	R'000
Teaching	5,432		448	5,880	5,730
Welfare				794
Premises	286		1,327	1,613
Support			452	1,643	1,584
Total	6,700			9,930

2021	2020
'2'000	R'000

Remuneration paid	Remuneration paid	to auditor for:	to auditor for:
	statutory	audit
	other assurance		services
Other	governance	costs
Total

			2021	2020
			8'000	F'000
Wages and salaries			5,426	5,000
Social security costs			522
Pension costs —Teachers'	Pension Scheme		270
Pension costs - APTIS			370
Pension costs —Notre Dame School Group Pension		Plan	112
Total

			Notes	Unrestricted	Restricted funds	2020 Total
				2'000	R'000	R'000
Income from:
Donations				20		65
Charitable activities				9,350		9,350
Investments				28		28
Other income				194		194
Total				9,592	45	9,637
Expenditure on:
Raising funds						25
Charitable activities				9,253		9,253
Total				9,253		9,278
Net income				339	20
Transfers between		funds
Net movement	in funds				20	359
Reconciliation	offunds:
Total funds brought		forward		10,763		10,790
Total funds carried forward				11,102	47	11,149

9 Tangible fixed	assets
			Vehicles,
	Freehold Land	Freehold buildings	equipment, fixtures and	Total
			fittings
	P'000		8"000	P.'000
Cost
At 1 September 2020				10,511
Additions
Disposals			(83)	(83)
At 31 August 2021		6,468		10„652
Dep reel at Ion
At 1 September 2020
Disposals
Charge for the year
At 31 August 2021		l,561	1,074	2,635
Net book value
At 31 August 2021		4,907		8„017
At 31 August 2020			2,277	8,161

		2021	2020
		E'000	R'000
Cash	on deposit	3,541	2,550
11	Debtors
		2021	2020
		R'000	2'000
Fees	receivable for tuition	28
Other	debtors	50
Prepayments
Total		203
All debtors are due within one year.

12	Creditor	s: a	mou	nts falling	due within o	ne year
						2021	2020
						2'000	E'000
Deposits from parents						400
Trade	creditors
Other	taxes and	social	security costs			149	124
Other	creditors
Accruals
Deferred income						171	80
Fees	received from parents			in advance	of term
Lnnn I ~VM	in n4innnn II I EAUV CAI I'LrM	nnhnnnn MMI IMI I IM				A/'A I Cl t
Total						2,231	1,799

2021	2020
P'000	R'000
207

			2021	2020
			R'000	R'000
Within	two	to five years
Within	one	to two years	112
				248
Within	one	year
Total				384

Summar	y of movements in liability
		P.'000
Balance	at 1 September 2020
New contracts		105
Amounts	used to pay fees	(136)
Balance	at 31 August 2021	353

15 The	fun	ds of	the school
			31			Transfers	31
			August	Income	Expenditure	between	August
			2020			funds	2021
			R'000	R'000	R'000	R'000	R'000
Restricted funds
Prayer Garden
FoND					(5)		48
Total restricted	funds
Unrestricted	funds
Fixed assets			8,161			(144)	8,017
Convent Lane	repairs				(28)		148
COVID fund			500		(462)
Future capital	projects		1,786				3,102
Total designated		funds	10,602		(490)	1,119	11,267
General fund			500	10,554	(9,435)	(1,119)	500
Total unrestricted		funds	11,102	10,590	(9,925)		11,767
Total funds			11,149	10,597	(9,930)		11,816

The funds of	the	school	for the previous	financial ye	ar were as foll	ows:
			31			Transfers	31
			August	Income	Expenditure	between	August
			2019			funds	2020
			F'000	R'000	P.'000	R'000	R"000
Restricted funds
Prayer Garden
FoND					(25)
Total restricted	funds				(25)
Unrestricted	funds
Fixed assets						(123)	8,161
Convent Lane	repairs					20
COVID fund						500	500
Future capital	projects		1,594
Total designated		funds	10,013				10,602
General fund			750	9,592	(9,253)		500
Total unrestricted		funds	10,763		(9,253)		11,102
Total funds			10„790		(9,278)		11,149

16 Analy At 31 August	sis of n 2021, the	et assets be analysis of net	tween funds assets between	funds	was as follows:
		Fixed assets	Net current assets		Long term liabilities	Total
		P.'000	R'000		2'000	P.'000
Restricted funds
Prayer Garden
FoND
Unrestricted	funds
Fixed assets						8,017
Convent Lane	repairs	70				148
COVID fund
Future capital	projects	3,471	(162)		(207)	3,102
General fund			500			500
					(207)	11,767
Net assets		11,558			(207)	11,816
At 31 August	2020, the	analysis of net	assets between	funds	was as follows:
		Fixed assets	Net current assets		Long term liabilities	Total
		R'000	2'000		2'000	P.'000
Restricted funds
Prayer Garden
FoND
			47			47
Unrestricted	funds
Fixed assets		8,161				8, l61
Convent Lane	repairs					155
COVID fund			500			500
Future capital	projects	2,395	(361)		(248)	1,786
Gel lel al IUI ld			VUU
		10,711	639		(248)	l 1,102
Net assets		10,711			(248)	11,149

cancellable operating leases:
	2021	2020
	P.'000	8"000
Not later than one year	164
Later than one year and not later than five years

2021	2020
P.'000	P.'000

21 Reco	nciliatio	n ofcas	h flows from operating	activities
				2021	2020
				R'000	2'000
Net income	for the year
Adjustments	for:
Depreciation	charges
Interest from	investments
(Increase) / decrease		in debtors			30
Increase in creditors
Net cash provided by operating			activities	l,401
22 Analysis of		cash and	cash equivalents
				2021	2020
				8'000	8'000
Cash in hand				2,493
Total cash and cash		equivalents			2,29S