##
##
##
##
|||||Page|
|---|---|---|---|---|
|Reference and administrative|||details ofthe school, its directors and advisors|1-2|
|Directors' Report||||3-20|
|Independent|Auditors'|Report|on the Financial Statements|21 -23|
|Consolidated|Statement of Financial Activities|||24|
|Consolidated|Balance|Sheet||25|
|School Balance Sheet||||26|
|Consolidated|Statement of Cash Flows|||27|
|Notes to the|Financial|Statements||28-50|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2020|2020|2020|2019|
|||Note|OOOO|f000|OOOO|f000|
|INCOME FROM:|||||||
|Donations
and legacies||||31|31||
|Charitable
activities:|||||||
|School fees|||11,593||11,593|12,566|
|Other educational|income||179||179|209|
|Other ancillary income|||646||646|975|
|Other trading
activities|||305||305|403|
|Investments|||44||44|62|
|Other income|||261||261|4|
|TOTAL INCOME|||13,028||13,059|14,220|
|EXPENDITURE ON:|||||||
|Raising funds||9|485||485|595|
|Charitable
activities||10|11,860|12|11,872|11,737|
|TOTAL EXPENDITURE|||12,345|12|12,357|12,332|
|Net losses on investments|||||||
|NET INCOME|||683|19|702|1,887|
|Transfers
between|funds|25||(6)|||
|NET MOVEMENT|IN FUNDS||689|13|702|'/,887|
|RECONCILIATION|OF FUNDS:||||||
|Total funds brought|forward||37,045|70|37,115|35,228|
|Net movement
in funds|||689|13|702|1,887|
|TOTAL FUNDS CARRIED FORWARD|||37,734|83|37,817|37,115|
##
|||CONSOLIDATED|BALANCE SHEET||||
|---|---|---|---|---|---|---|
|||AS AT 31AUGUST 2020|||||
|||||2020||2019|
|||Note||K,OOO||OOOO|
|FIXEDASSETS|||||||
|Tangible assets||||36,363||36,797|
|||||36,363||36,797|
|CURRENT ASSETS|||||||
|Stocks||18|94||99||
|Debtors||19|665||139||
|Investments||20|6,874||6,645||
|Cash at bank and|in hand||1,249||1,903||
||||8,882||8,786||
|Creditors: amounts|falling due within|one|||||
|year||21|(2,759)||(3,279)||
|NET CURRENT ASSETS||||6,123||5,507|
|TOTAL ASSETS LESSCURRENT|||||||
|LIABILITIES||||42,486||42,304|
|Creditors: amounts|falling due after|more|||||
|than one year||22||(4,669)||(5,189)|
|TOTAL NET ASSETS||||37,817||37,115|
|CHARITY FUNDS|||||||
|Restricted
funds||25||83||70|
|Unrestricted
funds||25||37,734||37,045|
|TOTAL FUNDS||||37,817||37,115|
##
##
|||||2020||2019|
|---|---|---|---|---|---|---|
|||Note||f000||f000|
|FIXEDASSETS|||||||
|Tangible assets||||36,363||36,797|
|||||36,363||36,797|
|CURRENT ASSETS|||||||
|Stocks||18|9||17||
|Debtors||19|740||227||
|Investments||20|6,874||6,645||
|Cash at bank and|in hand||1,150||1,790||
||||8,773||8,679||
|Creditors: amounts|falling due within one||||||
|year||21|(2,724)||(3,262)||
|NET CURRENT ASSETS||||6,049||5,417|
|TOTAL ASSETS LESSCURRENT|||||||
|LIABILITIES||||42,412||42,214|
|Creditors: amounts|falling due after more||||||
|than one year||22||(4,669)||(5,189)|
|TOTAL NET ASSETS||||37,743||37,025|
|CHARITY FUNDS|||||||
|Restricted
funds||25||83||70|
|Unrestricted
funds||25||37,660||36,955|
|TOTAL FUNDS||||37,743||37,025|
##
##
##
|||||2020|2019|
|---|---|---|---|---|---|
|||||f000|f000|
|CASH FLOWS FROM OPERATING|ACTIVITIES|||||
|Net cash used
in operating
activities||||1,058|3,206|
|CASH FLOWS FROM INVESTING|ACTIVITIES|||||
|Interest|||||62|
|Purchase oftangible
fixed assets||||(789)|(2,354)|
|NET CASH USED IN INVESTING ACTIVITIES||||(745)|(2,292)|
|CASH FLOWS FROM FINANCING|ACTIVITIES|||||
|Repayments
of borrowing||||(530)|(530)|
|Interest paid||||(209)|(320)|
|Decrease/(increase)
in over 3 month|deposit accounts|||1,002|726|
|NET CASH PROVIDED BY/(USED|IN) FINANCING||ACTIVITIES|263|(124)|
|CHANGE
IN CASH AND CASH EQUIVALENTS||IN|THE YEAR|576|790|
|Cash and cash equivalents
at the beginning
ofthe year||||6,001|5,211|
|CASH AND CASH EQUIVALENTS|AT THE END|OF THE YEAR||6,577|6,001|
|The notes on pages 28to 50form part ofthese financial statements||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2020|2020|2019|
|||||f000|OOOO|f000|
|School fees||||11,593|11,593|12,566|
|Other educational||income||179|179|209|
|Other ancillary|trading||income|646|646|975|
|||||12,418|12,418|13,750|
|Total 2019||||13,750|13,750||
##
|School fees||||
|---|---|---|---|
|||2020|2019|
|||OOOO|f000|
|School fees||12,339|13,330|
|Bursaries, scholorships|and allowances|(746)|(764)|
|||11,593|12,566|
##
|Other educa|tional
income|||
|---|---|---|---|
|||2020|2019|
|||f000|f000|
|Registration,|exam fees and fees in lieu|156|164|
|After school|activities and sundry|23|25|
|||179|209|
##
##
##
##
##
|Other ancillary
income|||
|---|---|---|
||2020|2019|
||f000|f000|
|Catering|465|703|
|Bus income|181|272|
||646|975|
##
|||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|
|||||funds|funds|Total funds|Total funds|
|||||2020|2020|2020|2019|
|||||f000|f000|f000|f000|
|Charity trading||income||||||
|Uniform sales||||115||115|143|
|Refreshments||||71||71|95|
|Holiday schools||||26||26|50|
|Hirings||||93||93|115|
|||||305||305|403|
|Sub total||||||||
|Charity trading||expenses||||||
|Holiday school||expenditure||5||5|14|
|Hirings||||47||47|57|
|Uniform costs||||76||76|97|
|Refreshment|costs|||44||44|96|
|Staff costs||||53||53|24|
|||||225||225|288|
|Sub total||||||||
|Net (expenditure)/income|||from trading|80||80|115|
|activities||||||||
##
##
##
##
||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2020
OOOO|2020
f000|2019
f000|
|Bank|interest|received|||62|
|Total|2019||62|62||
##
||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|funds|
||||||2020|2020|2020|2019|
||||||f000|f000|f000|8000|
|Surplus|on|sale|ofassets||9||9||
|Coronavirus||job|retention|scheme|252||252||
||||||261||261||
##
##
|ANALYSIS
TYPE|O|F EXPENDITUR|E BYEXPEND|ITURE||||
|---|---|---|---|---|---|---|---|
||||Staff costs|Depreciation|Other costs|Total|Total|
||||2020
f000|2020
FOOO|2020
&000|2020
f000|20219
f000|
|Costs of raising funds (note||||||||
|9)|||||260|260|308|
||||53||172|225|288|
|Trading costs (note 5)||||||||
|Costs of raising funds|||53||432|485|596|
|Teaching|||7,014|1,029|913|8,956|8,694|
|Welfare||||13|564|577|751|
|Premises|||557|155|758|1,470|1,568|
||||490|26|342|858|711|
|Support||||||||
|Charitable|activities||8,061|1 223|2,577|11,861|11,724|
||||||||12|
|Governance||(note 11)||||||
|Total 2020|||8,114|1 223|3,020|12,357|12,332|
|Total 2019|||7,592|1,157|3,583|12,332||
##
|RAISING FUN|DS||||
|---|---|---|---|---|
|||Unrestricted|Total|Total|
|||funds|funds|funds|
|||2020|2020|2019|
|||OOOO|OOOO|f000|
|Bank interest|paid|209|209|320|
|Bad debts||51|51|(12)|
|Trading costs|(note 5)|225|225|288|
|Total 2020||485|485|596|
|Total 2019||596|596||
##
##
##
|CHARITABLE ACTIVITY|||||
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||funds|funds|funds|funds|
||2020|2020|2020|2019|
||FOOO|f000|f000|OOOO|
|Teaching|8,950||8,956|8,694|
|Welfare|577||577|751|
|Premises|1,464||1,470|1,568|
|Support|858||858|711|
|Governance|11||11|12|
|Total 2020|11,860|12|11,872|11,736|
|Total 2019|11,736||11,736||
##
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2020|2020|2019|
|||FOOO|FOOO|f000|
|Auditors'
remuneration|||9|10|
|Governors'|meeting costs||2|2|
|Total 2020||||12|
|Total 2019||12|12||
##
##
##
##
##
|NET MOVEME|NT
IN FUNDS|||
|---|---|---|---|
|||2020|2019|
|||f000|f000|
|Group||||
|Net movement|in funds|707|1,887|
|Capital expenditure||(789)|(2,354)|
|Net movement|in funds after capital expenditure|(82)|(467)|
##
##
|2020|20/9|
|---|---|
|f000|f000|
|Fees payable|to the School's auditor|for the audit ofthe School's annual|
|---|---|---|
|accounts|||
|Fees payable|to the School's auditor|in respect of:|
|All non-audit|services not included
above||
##
##
|STAFF COSTS|||||
|---|---|---|---|---|
||Group|Group|School|School|
||2020|2019|2020|2019|
||f000|f000|f000|f000|
|Wages and salaries|6,311|6,192|6,293|6,177|
|Social security costs|614|589|614|589|
|Pension costs|1,189|811|1,188|810|
||8,114|7,592|8,095|7,576|
##
##
##
##
||Group|Group|School|School|
|---|---|---|---|---|
||2020|2019|2020|2019|
||No.|No.|No.|No.|
|Education|170|175|170|175|
|Premises|36|34|36|34|
|Support|20|20|17|17|
||226|229|223|226|
##
||Group|Group|School|School|
|---|---|---|---|---|
||2020|2019|2020|2019|
||No.|No.|No.|No.|
|Education|142|144|142|144|
|Premises|24|23|24|23|
|Support|16|16|15|15|
||182|183|181|182|
|Group|Group|
|---|---|
|2020|2019|
|No.|No.|
##
##
##
##
##
||Freehold|Motor|Fixtures and||
|---|---|---|---|---|
||property
f000|vehicles
OOOO|fittings
f000|Total
f000|
|Cost|||||
|At 1 September 2019|40,242|299|4,361|44,902|
|Additions|318|94|377|789|
|Disposals||(50)||(50)|
|At 31 August 2020|40,560|343|4,738|45,641|
|Depreciation|||||
|At 1 September 2019|4,155|236|3,714|8,105|
|Charge for the year|878|36|309|1,223|
|On disposals||(50)||(50)|
|At 31 August 2020|5,033|222|4,023|9,278|
|Net book value|||||
|At 31 August 2020|35,527|121|715|36,363|
|At 31August 2019|36,087|63|647|36,797|
##
##
##
##
||||Group|Group|School|School|
|---|---|---|---|---|---|---|
||||2020|2019|2020|2019|
||||OOOO|f000|f000|f000|
|Stock|for|resale|94|99|9|17|
##
##
##
##
|DEBTORS||||||
|---|---|---|---|---|---|
|||Group|Group|School|School|
|||2020|2019|2020|2019|
|||f000|f000|f000|f000|
|Trade debtors||||||
|Amounts
owed by group undertakings||||75|93|
|Other debtors||32||32|1|
|Fee debtors||74||74||
|Prepayments|and accrued income|559|132|559|133|
|||665|139|740|227|
##
|CURRENT ASSET INVESTMENTS|||||
|---|---|---|---|---|
||Group|Group|School|School|
||2020|20'l9|2020|2019|
||f000|f000|f000|f000|
|Listed investments|9|14|9|14|
|Deposit accounts|6,865|6,631|6,865|6,631|
||6,874|6,645|6,874|6,645|
##
##
##
##
##
|||Group|Group|School|School|
|---|---|---|---|---|---|
|||2020|2019|2020|2019|
|||f000|f000|f000|f000|
|Bank loans||529|529|529|529|
|Trade creditors||20|152|6|150|
|Other taxation|and social security|158|164|155|153|
|Other creditors|and accruals|705|793|687|789|
|Development
bonds||8|8|8|8|
|Advance fee payments||56|53|56|53|
|Acceptance deposits||23|25|23|25|
|Fees in advance ofterm||1,260|1,555|1,260|1,555|
|||2,759|3,279|2,724|3,262|
##
##
##
||Group|Group|School|School|
|---|---|---|---|---|
||2020|2019|2020|2019|
||f000|f000|f000|f000|
|Bank loans|4,367|4,896|4,367|4,896|
|Acceptance deposits|255|253|255|253|
|Advance fee payments|47|40|47|40|
||4,669|5,189|4,669|5,189|
|||Group|Group|School|School|
|---|---|---|---|---|---|
|||2020|2019|2020|2019|
|||f000|f000|OOOO|f000|
|Payable or repayable|by instalments|2,250|2,779|2,250|2,779|
|Payable or repayable
instalments|other than by||146||146|
|||2,250|2,925|2,250|2,925|
##
##
##
##
||2020|2019|
|---|---|---|
||f000|f000|
|Within two to five years|47|40|
|Within one year|56|53|
||103|93|
||2020|2019|
||f000|f000|
|The movements
during the year were:|||
|Balance at 1 September 2019|93|13'I|
|New receipts ofdeposited fees|68|13|
|Discounts accrued to contracts|1|1|
|Amounts
utilised on fees to the School|(59)|(52)|
|Balance at 31August 2020|103|93|
##
||||2020|2019|
|---|---|---|---|---|
||||OOOO|OOOO|
|After|5|years|144|146|
|Within||two to five years|111|107|
|Within||one year|23|25|
|Total|||278|278|
##
##
##
##
|||Balance at 1||||Balance at|
|---|---|---|---|---|---|---|
|||September|||Transfers|31August|
|||2019
OOOO|Income
OOOO|Expenditure
f000|in/out
f000|2020
f.000|
|Unrestricted
funds|||||||
|Designated
funds|||||||
|Hardship
Fund|||||100|100|
|General funds|||||||
|General
Funds||30,060|13,028|(12,345)||30,829|
|Freehold
Property Fair Value|||||||
|Reserve||6,985|||(180)|6,805|
|||37,045|13,028|(12,345)|(94)|37,634|
|Total unrestricted|funds|37,045|13,028|(12,345)||37,734|
|Restricted funds|||||||
|Facilities Fund||54|21|(6)||58|
|Early Years Fund||7||||7|
|Gifted and Talented|Fund|4||||4|
|Capital Equipment||5||||4|
|Contribution
towards|outdoor||||||
|education
salary||||(6)|||
|Hardship
fund|||10|||10|
|||70|31|(12)|(6)|83|
|Total offunds||37,115|13,059|(12,357)||37,817|
##
##
##
##
|STATEME|NT O|F FUNDS - PRIOR|YEAR|||||
|---|---|---|---|---|---|---|---|
|||Balance at|||||Balance at|
|||1 September|||Transfers|Gains/|31August|
|||2018|Income|Expenditure|in/out|(Losses)|2019|
|||f000|f000|OOOO|f000|f000|f000|
|Unrestricted||||||||
|funds||||||||
|General Funds||27,988|14,216|(12,318)|175|(1)|30,060|
|Freehold||||||||
|Property|Fair|||||||
|Value||||||||
|Reserve||7,166|||(181)||6,985|
|||35,154|14,216|(12,318)|(6)|(1)|37,045|
|Restricted||||||||
|funds||||||||
|Facilities Fund||60||(7)|||54|
|Early Years||||||||
|Fund||||||||
|Gifted and||||||||
|Talented||||||||
|Fund||||||||
|Capital||||||||
|Equipment||||||||
|Contribution||||||||
|towards||||||||
|outdoor||||||||
|education||||||||
|salary||||(6)||||
|||74||('/4)|||70|
|Total offunds||35,228|14,220|(12,332)|(6)|(1)|37,115|
##
##
##
##
##
##
##
##
##
##
##
##
|ANALYS|IS O|F NET ASSETS BETWEEN|FUNDS - PRIOR PE|RIOD|||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|Total|
||||funds|funds|funds|funds|
||||2019|2019|20/9|2019|
||||f000|f000|f000|f000|
|Tangible|fixed|assets|||36,786|36,797|
|Current|assets|||59|8,727|8,786|
|Creditors|due|within one year|||(3,279)|(3,279)|
|Creditors|due|in more than one year|||(5,189)|(5,189)|
|||||70|37,045|37,115|
##
##
|||||Group|Group|
|---|---|---|---|---|---|
|||||2020|2019|
|||||f,000|OOOO|
|Net income for the|period (as per|Statement|of Financial Activities)|702|1,887|
|ADJUSTMENTS FOR:||||||
|Depreciation
charges||||1,223|1,157|
|Loss on investments|||||1|
|Interest||||(44)|(62)|
|Decrease/(increase)|in stocks|||5|(4)|
|Increase
in debtors||||(526)|(19)|
|Decrease
in creditors||||(511)|(74)|
|Interest paid||||209|320|
|Net cash provided|by operating|activities||1,058|3,206|
##
##
##
##
||Group|Group|
|---|---|---|
||2020|2019|
||f000|f000|
|Cash in hand|1,249|1,903|
|Notice deposits (less than 3 months)|5,328|4,098|
|TOTAL CASH AND CASH EQUIVALENTS|6,577|6,001|
##
||||At 1|||
|---|---|---|---|---|---|
||||September||At 31|
||||2019|Cash flows|August 2020|
||||f000|OOOO|FOOO|
|Cash|at bank and|in hand|1,903|(654)|1,249|
|Debt|due within
1|year|(529)||(529)|
|Debt|due after 1 year||(4,896)|529|(4,367)|
|Liquid|investments||6,645|229|6,874|
||||3123|104|3,227|
##
|||||Group|Group|School|School|
|---|---|---|---|---|---|---|---|
|||||2020
f000|2019
f000|2020
f000|2019
f000|
|Contracted|for but not provided||in these|||||
|financial statements||||||||
|Acquisition|oftangible|fixed assets||13|87|13|e7|
##
##
##