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2021-08-31-accounts

Page
Administrative Oetails
Report ofthe Trustees 2 to 6
Report ofthe Independent Auditors 7to 9
Statement of Financial Activities 10
Balance Sheet
Statement of Cash Flows 12
Notes to the Financial Statements 13to 18

Statement ofFinancial Activities for the Year Ended 31Au Statement ofFinancial Activities for the Year Ended 31Au ust 2021
31.8.21 31.8.20
Notes Total Funds Total Funds
E E
INCOMING
RESOURCES
Incoming resources from
generated
funds
Activities for generating
funds		 1,002,642 1,032,339
RESOURCES EXPENDED
Charitable
activities
Teaching costs and school expenses 3/8 731,334 789,179
Premises costs 61,870 63,927
Management
and administration		 3/4 54,092 57,506
Governance
costs		 5 7,099 7,558
Other resources expended 101,184 101,071
Total resources expended 955,579 1,019,241
NET INCOMING/OUTGOING
RESOURCES BEFORE REVALUATION 47,063 13,098
Unrealised
surplus
on revaluation
offreehold
property
NET INCOMING
RESOURCES AFTER REVALUATION 47,063 13,098
RECONCILIATION
OF FUNDS
Total funds brought
forward		 1,846,954 1,833,856
TOTAL FUNDS CARRIED FORWARD 1,894,017 1,846,954

Balance Sheet as at 31Au ust 2021
31.08.21 31.08.20
Note
FIXEDASSETS
Tangible Assets 1,866,260 1,867,812
CURRENT ASSETS
Debtors 10 23,898 25,898
Cash at Bank and on hand 459,428 320,746
Total Current Assets 483,326 346,644
CREDITORS
Amounts
falling due within one year		 11 (286,029) (191,471)
Loans 14
NET CURRENT (LIABILITIES)/ ASSETS 197,297 155,173
TOTAL ASSETS LESSCURRENT LIABILITIES 2,063,558 2,022,985
CREDITORS
Amounts
falling due after more than one year
Loans (169,541) (176,031)
NET ASSETS 1,594,017 1,846I954
FUNDS
Unrestricted
funds		 13 1,594,017 1,546,954
Freehold Property Revaluation Reserve 9 300,000 300,000
TOTAL FUNDS 1,894,017 1,846,954

Notes Notes 31.08.21 31.08.20
Net cash generated from operating activities 15 173,120 67,677
Cash flows from investing activities
Interest income
Purchase oftangible fixed assets (27,948) (41,092)
Disposals oftangible fixed assets
Cash used in investing
activities		 (27,948) (41,092)
Cash outflows from financing
activities
(Decrease)/ Increase in loans (6,490) 34,477
Cash (spent on)/generated from financing activities (6,490) 34,477
Increase in cash and cash equivalents in the year 138,682 61,062
Cash and cash equivalents at the beginning ofthe year 320,746 259,684
Total cash and cash equivalents at the end ofthe year 459,428 320,746

Tangible fixed assets
Depreciation
is provided
at the following		 annual rates in order to write off each asset over its
estimated
useful life.
Equipment,
fixtures and fittings		 20%on a reducing balance basis
ITequipment 33%on a reducing balance basis
Astroturf,
Portacabin,
Motor Vehicles		 20%on a straight-line
basis
Items costing less than E250are written off as an expense as required.
Buildings are
recorded at market value and therefore not depreciated.

2. ACTIVITIES FOR GENERATING
FUNDS		 ACTIVITIES FOR GENERATING
FUNDS		 ACTIVITIES FOR GENERATING
FUNDS		 ACTIVITIES FOR GENERATING
FUNDS
31.8.21 31.8.20
E E
School fees receivable 897,956 941,020
Grants and donations 7,526 1,290
Trading turnover catering 82,156 77,758
Other income 15,004 12,271
1,002,642 1,032,339
3. CHARITABLE ACTIVITIES COSTS
Direct costs Support costs Totals
(See note 4)
f E E
Teaching costs and school expenses 731,334 731,334
Premises costs 61,870 61,870
Management
and		 administration 54,092 54,092
793,204 54,092 847,296
4. SUPPORT COSTS
31.08.21 31.08.20
Management
and		 administration 54,092 57,056
S. GOVERNANCE
COSTS
31.8.21 31.8.20
Auditors'
Fees		 4,000 4,000
Other costs 3099 3558
Total 7,099 7,558
NET INCOMING/(OUTGOING) RESOURCES
Net resources are stated after charging:
31.8.21 31.8.20
f
Audit fees, accountancy and inspection costs 7,099 7,558
Depreciation —owned assets 29499 30225
Total 36,598 37,783

STAFF COSTS
31.8.21 31.8.20
E E
Wages and salaries 584,090 595,497
Social security costs 45,892 55,885
Other pension costs 60,657 94,107
Other Staff Costs 4,691 5,361
695,330 750,850
31.8.21 31.8.20
Teaching 19 21
Administration 4 4
Facilities 1 1
24 26
TANGIBLE FIXEDASSETS
Freehold Other
Property Totals
E E
COST
At 1September 2020 1,800,000 318,141 2,118,141
Additions 27,948 27,948
At 31August 2021 ~1800000 346089 ~2126089
DEPRECIATION
At 1September 2020 250,329 250,329
Charge for year 29,499 29,499
At 31August 2021 279,828 279,828
NET BOOK VALUE
At31August 2021 1,800,000 66,260 1,866,260
At 31August 2020 1,800,000 67,812 1,867,812

DEBTORS
31.8.21 31.8.20
f E
Fees 531 7,340
Bad Debt Provision
Total Net Fee Debtors 531 7,340
P repayments 21,048 18,558
Other debtors 2.319
23,898 25,898

31.8.21 31.8.20
E
Trade creditors 30,737 30,924
Social Security Costs and Taxes 20,525 19,967
Accrued expenses 6,686 4,000
Feesin advance 160,062 76,942
End ofTerm Deposits 58,800 43,200
Other creditors 9,219 16,438
Total 286,029 191,471

12. MOVEMENT MOVEMENT IN DEFERRED INCOME DEFERRED INCOME DEFERRED INCOME DEFERRED INCOME DEFERRED INCOME
Fees in advance 31.8.21 31.8.20
E E
Amounts brought forward 76,942 78,341
Amounts paid in advance this year 160,062 76,942
Amounts released ~76942 ~78341
Amounts carried forward 160,062 76,942
13, MOVEMENT IN FUNDS
Net movement
At 1.9.20 in funds At 31.8.21
f E E
General fund unrestricted 1,546,954 47,063 1,594,017
Freehold Property Revaluation Reserve 300,000 300,000
Total Funds 1,846,954 47,063 1,894,017
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
E E
Unrestricted funds
General fund 1002 642 955 579 47063
TOTAL FUNDS 1,002,642 (955,579) 47,063

OW FROM OPERATING A CTIVI TIES
2021 2020
E E
Net movement
in funds		 47,063 13,098
Add back depreciation
charge		 29,499 30,225
Deduct interest income shown in investing activities
Deduct unrealised
surplus		 on revaluation offreehold
property
(Increase)/ decrease
in debtors		 2,000 15,051
Increase
in creditors		 94,558 9,303
Net cash generated
from		 operating activities 173,120 67,677