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2020-08-31-accounts

Page
Reference and Administrative Details ofthe Charity, its Trustees and Advisers 1-3
Strategic Report 4-10
Trustees' Report 11-16
Independent
Auditor's		 Report on the Financial Statements 17 - 19
Statement ofFinancial Activities 20
Balance Sheet 21
Statement ofCash Flows 22
Notes to the Financial Statements 23 - 36

Restricted Unrestricted Total Total
funds funds funds funds
Note 2020
6		 2020
f		 2020
6		 2019
F
Income from:
Donations and legacies 2 224,564 149,228 373,792 248,411
Charitable
activities		 3 6,831,480 6,831,480 5,799,521
Total income 224,564 6,980,708 7,205,272 6,047,932
Expenditure
on:
Charitable
activities:
General activities 169,694 6,298,951 6,468,645 5,648,156
Depreciation
expense		 475,552 475,552 472,227
Interest expense 229,384 229,384 236,384
Total expenditure 169,694 7,003,887 7,173,581 6,356,767
Net income/(expenditure) 54,870 (23,179) 31,691 (308,835)
Transfers between funds 13 (65,248) 65,248
Net movement
in funds		 (10,378) 42,069 31,691 (308,835)
Reconciliation
offunds:
Total funds brought
forward		 1,187,637 419,439 1,607,076 1,915,911
Net movement
in funds		 (10,378) 42,069 31,691 (308,835)
Total funds carried forward 1,177,259 461,508 1,638,767 1,607,076

2020 2019
Note 6 6
Fixed assets
Tangible assets 6,687,052 7,104,762
6,687,052 7,104,762
Current assets
Debtors 10 1,031,676 1,111,787
Cash at bank and in hand 1,095,025 603,285
2,126,701 1,715,072
Creditors; amounts falling due within one
year 11 (1,054,995) (926,010)
Net current assets 1,071,706 789,062
Total assets less current liabilities 7,758,758 7,893,824
Creditors: amounts falling due after more
than one year 12 (6,119,991) (6,286,748)
Net assets excluding pension asset 1,638,767 1,607,076
Total net assets 1,638,767 1,607,076
Charityfunds
Restricted funds 13 1,177,259 1,187,637
Unrestricted
funds		 13 461,508 419,439
Totalfunds 1,638,767 1,607,076

2020 2019
6 6
Cash flows from operating activities
Net cash used in operating activities 696,091 (373,734)
Cash flows from investing activities
Purchase oftangible fixed assets (57,842) (149,960)
Net cash used in investing activities (57,842) (149,960)
Cash flows from financing activities
Repayments
ofborrowing		 (146,509) (192,698)
Net cash used in financing activities (146,509) (192,698)
Change
in cash and cash		 equivalents in the year 491,740 (716,392)
Cash and cash equivalents at the beginning ofthe year 603,285 1,319,677
Cash and cash equivalents at the end of the year 1,095,025 603,285
The notes on pages 23to 36form part of these financial statements

Freehold buildings -4%straight line
Freehold refurbishments - 10%straight line
Leasehold property -20%straight line
Motor vehicles - 25% straight line
Furniture and equipment - 10%straight line
Computer equipment -25%straight line

Restricted Unrestricted Total Total
funds funds funds funds
2020 2020 2020 2019
8 6 6 5
Donations and gifts 35,913 105,565 141,478 169,930
Other Grants 188,651 188,651 78,481
Government grants 43,663 43,663
224,564 149,228 373,792 248,411
Total 2019 115,065 133,346 248,411

Restricted Unrestricted Total Total
funds funds funds funds
2020
6		 2020
6		 2020f 2019
6
Teaching and care ofchildren (school fees) 6,767,281 6,767,281 5,500,465
Fundraising 3,139 3,139 21,988
Training income 61,060 61,060 277,068
6,831,480 6,831,480 5,799,521
Total 2019 36 5,799,485 5,799,521

Activities
undertaken Support Total Total
directly costs funds funds
2020 2020 2020 2019
6 6 6 6
Teaching and care ofchildren 6,152,333 853,349 7,005,682 6,244,517
Development costs 150,257 150,257 94,517
Governance 17,642 17,642 17,733
6,152,333 1,021,248 7,173,581 6,356,767
Total2019 5,285,656 1,071,111 6,356,767

This is stated after charging:
2020 2019
5 8
Depreciation
oftangible fixed assets owned by the		 charity 475,552 472,227
Fees payable to the charity's
auditor
in respect of:
Auditor's
remuneration		 5,300 5,150
During the year, no trustees received any benefits in kind (2019- ENil).
During the year, 1 trustee received reimbursements ofexpenses amounting to 5343
(2019- 1 trustee - F53).

Staff costs
2020 2019
5 F
Wages and salaries 3,916,252 3,441,385
Social security costs 296,676 279,488
Contribution to defined contribution pension schemes 202,351 144,829
4,415,279 3,865,700
The average number ofpersons employed
by the charity durin		 g the year was as follows:
2020 2019
No. No.
Teaching 106 100
Charity management and support staff 65 50
171 150

2020 2019
No. No.

2020 2019
6 F
229,384 236,384

Freehold Motor Fixtures and Computer
property
5		 vehicles
5		 fittings
5		 equipment
f		 Total
Cost orvaluation
At 1 September 2019 9,192,088 24,732 260,270 291,489 9,768,579
Additions 1,153 19,816 36,873 57,842
At 31August 2020 9,193,241 24,732 280,086 328,362 9,826,421
Depreciation
At 1 September 2019 2,350,241 144,572 169,004 2,663,817
Charge for the year 390,959 6,185 17,594 60,814 475,552
At 31August 2020 2,741,200 6,185 162,166 229,818 3,139,369
Net book value
At 31August 2020 6,452,041 18,547 117,920 98,544 6,687,052
At 31 August 2019 6,841,847 24,732 115,698 122,485 7,104,762

Debtors
2020 2019
6
Due after more than one year
Prepayments and accrued income 290,500 300,745
290,500 300,745
Due within one year
Fees 469,817 595,396
Other debtors 18,957 4,523
Prepayments and accrued income 252,402 211,123
1,031,676 1,111,787

2020 2019
6 6
Bank overdrafts 249
Bank loans 158,125 149,682
Otherloans 66,806 65,046
Trade creditors 121,711 34,756
Other taxation and social security 95,195 76,226
Other creditors 51,622 31,426
Accruals and deferred income 561,287 566,674
1,054,995 926,010
2020f 2019
E
Deferred income at 1 September 2019 718,922 355,230
Resources deferred during the year 509,850 655,795
Amounts
released from previous periods		 (418,177) (292,103)
810,595 718,922
Creditonv. Amounts falling due after more than one year
2020 2019
5 6
Bank loans 4,255,218 4,411,707
Other loans 1,574,273 1,574,296
Accruals and deferred income 290,500 300,745
6,119,991 6,286,746
The aggregate
amount		 of liabilities payable or repayable wholly or in part more than five years after the
reporting
date is;
2020 2019
F
Repayable
by instalments		 4,848,519 5,034,913

Statement offunds - current year
Balance at 1 Balance at
September Transfem 31August
2019 Income Expenditure in/out 2020
8 8 6
Unrestricted
funds
General Funds 672,577 6,922,866 (6,298,951) (378,451) 918,041
Fixed asset funds 5,947,793 57,842 (475,552) 65,248 5,595,331
Loan fund (6,200,931) (229,384) 378,451 (6,051,864)
419,439 6,980,708 (7,003,887) 65,248 461,508
Restricted funds
Multi purpose
hall and
buildings
grant		 361,419 (19,970) 341,449
Softplay area 15,255 (2,658) 12,597
Snowbiliiy 24,444 (11,581) 12,863
Tram House capital appeal 731,403 (31,346) 700,057
Tram House Equipment 21,672 (2,601) 19,071
Dennis Wise Foundation 24,732 (6,185) 18,547
SAP Foundation 2,548 (2,548)
Momsons
Foundation-
sensory trolley 2,488 (2,488)
Story ofChristmas 45,000 45,000
City Bridge Trust 34,500 (11,754) 22,746
Sport England - accessible
bikes		 7,632 (4,703) 2,929
Children
in Need		 33,836 (33,836)
The Big Lottery 76,000 (76,000)
DCR Allen 8,000 (8,000)
RG Hills 2,250 (2,250)
Edward Gosling 10,000 (10,000)
Chapman
Charitable		 Trust 2,000 2,000
Other 3,676 5,346 (9,022)
1,187,637 224,564 (169,694) (65,248) 1,177,259
Total offunds 1,607,076 7,205,272 (7,173,581) 1,638,767

Statement offunds - prior y ear
Balance at Balance at
1 September Transfers 31 August
2018 Income Expenditure in/out 2019
6 F 6 F
General Funds 849,295 5,782,871 (5,530,507) (429,082) 672,577
Fixed asset funds 6,210,186 149,960 (472,227) 59,874 5,947,793
Loan fund (6,393,629) (236,384) 429,082 (6,200,931)
665,852 5,932,831 (6,239,118) 59,874 419,439
Restricted funds
Multi purpose
hall and
buildings
grant		 381,389 (19,970) 361,419
Impact readiness 563 (563)
Softplay area 17,913 (2,658) 15,255
Rainy Day 3,418 682 (4,100)
Snowbility 43,312 (18,868) 24,444
Other 1,626 9,638 (7,436) (152) 3,676
Tram House capital appeal 762,749 (31,346) 731,403
SAP Foundation 5,024 (2,476) 2,548
Tram House Equipment 24,273 (2,601) 21,672
Awards 4 all 9,792 (9,792)
Children
in Need		 32,553 (32,553)
The Big Lottery 38,000 (38,000)
Morrisons Foundation-
sensorytrolley 2,596 (108) 2,488
Sensory Garden 6,900 (6,900)
Dennis Wise Foundation 24,732 24,732
1,250,059 115,101 (117,649) (59,874) 1,187,637
Total offunds 1,915,911 6,047,932 (6,356,767) 1,607,076

Analysis ofnet asse t s between funds - c urrent period
Restricted
Unrestricted		 Total
funds funds funds
2020 2020 2020
5 6
Tangible fixed assets 1,091,721 5,595,331 6,687,052
Debtors due after more than one year 290,500 290,500
Current assets 247,849 1,588,352 1,836,201
Creditors due within one year (162,311) (892,684) (1,054,995)
Creditors due in more than one year (290,500) (5,829,491) (6,119,991)
Total 1,177,259 461,508 1,638,767
Analysis ofnet assets between funds - prior period
Restricted Unrestricted Total
funds funds funds
2019 2019 2019
6 6 F
Tangible fixed assets 1,156,969 5,947,793 7,104,762
Debtors due after more than one year 300,745 300,745
Current assets 149,070 1,265,257 1,414,327
Creditors due within one year (118,402) (807,608) (926,010)
Creditors due in more than one year (300,745) (5,986,003) (6,286,748)
Total 1,187,637 419,439 1,607,076
16. Reconciliation
ofnet		 movement in funds to net cash flow from operating activities
2020 2019
6 6
Net
income/expenditure		 for the period (as per Statement of Financial
Activities) 31,691 (308,835)
Adjustments
for:
Depreciation
charges		 475,552 472,227
Decrease/(increase) in debtors 223,611 (895,181)
Increase/(decrease) in creditors (34,763) 358,055
Net cash provided by/(used
in)		 operating activities 696,091 (373,734)