2021-07-31-accounts - The St Michael Steiner School Ltd

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Trustees' annual report (incorporating			the	director's	report)
Independent auditor's	report to	the members
Statement offinancial	activities	(including		income and
expenditure account)						12
Statement offinancial	position					13
Statement ofcash flows						14
Notes to the financial	statements					15

Registered	charity	name	name	The St Michael Steiner	The St Michael Steiner	School Limited	School Limited
Charity registration		number		1094960
Company	registration		number	04364394
Principal office and		registered		Park Road
office				Faiths m
				England
				TW13 6PN
The trustees
				Mrs A Y Bell			(Resigned 24 November 2021)
				Mr R Allen
				Mr B Hipkin			(Resigned 19October 2021)
				Mr P Van Breda
				Mrs M Saar			(Resigned 6 March 2021)
				Mr SG Purdy			(Resigned 31 August 2020)
				Mrs C A Sharrock
				Mr SSear
				Mrs J L Hipkin
Auditor				Burgess Hodgson	LLP
				Chartered accountants		& statutory	auditor
				Camburgh House
				27 New Dover Road
				Canterbury
				Kent
				CT1 3DN
Bankers				The Co-operative	Bank	pic
				91 George Street
				Croydon
				Greater I ondon
				CR01L

					2021		2020
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note			K	E
Income and endowments
Donations and legacies			5	85,344	12,125	97,469	144,640
Charitable activities			6	1,078,155		1,078,155	1,066,014
Other trading activities			7	4,890		4,890	8,864
Investment income			8				1
Other income			9	2,009		2,009	4,968
Total income				1,170,398	12,125	1,182,523	1,224,487
Expenditure
Expenditure on raising funds:
Costs of raising donations		and
legacies			10	2,400		2,400	213
Expenditure on charitable	activities		11,12	1,134,885	12,125	1,147,010	1,144,508
Total expenditure				1,137,285	12,125	1,149,410	1,144,721
Net income and net movement		in	funds	33,113		33,113	79,766
Reconciliation offunds
Total funds brought forward				9,296		9,296	(70,470)
Total funds carried forward				42,409		42,409	9,296

			31July	2021
					2021		2020
				Note			f
Fixed assets
Tangible fixed assets				19		50,226	30,009
Current assets
Debtors				20	19,254		20,939
Cash at bank and in hand					204,810		258,117
					224,064		279,056
Creditors: amounts	falling	due within	one year	21	191,671		259,738
Net current liabilities						32,393	19,318
Total assets less current		liabilities				82,619	49,327
Creditors: amounts one year	falling	due after	more than	22		40,210	40,031
Net assets						42,409	9,296
Funds ofthe charity Unrestricted funds						42,409	9,296
Total charity funds						42,409	9,296

	Year e	nded 31July 2021
			2021 f	2020 f
Cash flows from operating Net income	activities		33,113	79,766
Adjustments for.
Depreciation oftangible fixed	assets		35,349	27,352
Government grant income			(35,308)	(68,958)
Other interest receivable and	similar income			(1)
Accrued income			(3,170)	(19,308)
Changesin: Trade and other debtors			1,685	4,717
Trade and other creditors			(64,718)	17,227
Cash generated from operations			(33,049)	40,795
Interest received				1
Net cash (used in)/from operating activities			(33,049)	40,796
Cash flows from investing	activities
Purchase oftangible assets			(55,566)	(30,569)
Net cash used in investing activities			(55,566)	(30,569)
Cash flows from financing	activities
Government grant income			35,308	68,958
Net cash from financing activities			35,308	68,958
Net (decrease)/increase in	cash and cash	equivalents	(53,307)	79,185
Cash and cash equivalents	at beginning	ofyear	258,117	178,932
Cash and cash equivalents	at end ofyear		204,810	258,117

		Unrestricted	Restricted	Total Funds
		Funds 8	Funds 8	2021 f
Donations
Donations		22,620		22,620
Grants
Grants receivable		27,416	12,125	39,541
Government	grant income	35,308		35,308
		85,344	12,125	97,469
		Unrestricted	Restricted	Total Funds
		Funds f	Funds 8	2020 F
Donations
Donations		24,327		24,327
Grants
Grants receivable		31,869	19,486	51,355
Government	grant income	68,958		68,958
		125,154	19,486	144,640

6.	Charitable activities
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2021	Funds	2020
						F	6
	Fees			1,044,849	1,044,849	1,041,229	1,041,229
	Registration fees After school care			2,500 13,674	2,500 13,674	2,050 15,810	2,050 15,810
	Parent 8child			2,964	2,964	443	443
	School outing			11,706	11,706	6,482	6,482
	Rental income			2,462	2,462
				1,078,155	1,078,155	1,066,014	1,066,014
7.	Other trading activities
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2021	Funds	2020
					8	5	6
	Fundraising			4,890	4,890	8,864	8,864
8.	Investment income
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds 8	2021	Funds	2020 f
	Bank interest receivable					1	1
9.	Other income
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2021	Funds	2020
				F	8
	Sundry income			2,009	2,009	4,968	4,968
10.	Costs of raising donations		and	legacies
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2021	Funds f	2020 F
	Costs of raising donations legacies - Donations	and		2,400	2,400	213	213

Expenditur	e on charitable activities	by fund type
		Unrestdicted	Restricted	Total Funds
		Funds	Funds	2021
		F		8
Charitable	activities	1,001,542	12,125	1,013,667
Support costs		133,343		133,343
		1,134,885	12,125	1,147,010
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2020
		8		F
Charitable	activities	992,350	19,486	1,011,836
Support costs		132,672		132,672
		1,125,022	19,486	1,144,508

Expenditur	e	on	charitable activit	ies by activity type
				Activities
				undertaken	Support	Total funds	Total fund
				directly	costs	2021	2020
				6
Charitable	activities			1,013,667	125,129	1,138,796	1,136,473
Governance		costs			8,214	8,214	8,035
				1,013,667	133,343	1,147,010	1,144,508
Analysis of		support costs
					Support
					costs 8	Total 2021 6	Total 2020 f
Staff costs					52,502	52,502	57,094
Premises					14,351	14,351	15,107
Communications			and IT		2,361	2,361	2,883
General office					3,938	3,938	3,809
Finance costs					822	822	4,185
Other Costs					51,155	51,155	41,559
					125,129	125,129	124,637

15.	Net income Company Limited by Guarante Notes to the Financial Statements Year ended 31July 2021	Net income Company Limited by Guarante Notes to the Financial Statements Year ended 31July 2021	e f~snu~)
	Net income is stated atter charging/(crediting):
			2021 6	2020 f
	Depreciation oftangible fixed assets Operating lease rentals		35,349 175,000	27,352 175,000
16.	Auditors remuneration
			2021	2020
			6	E
	Fees payable for the audit ofthe financial	statements	4,080	4,020

The St Michael Steiner Staffcosts	School pay	s fees of F4,249(2020:E	4,177)for non audit serv	ices.
The total staff costs and	employee	benefits for the reporting	period are analysed as 2021	follows: 2020
			6	E
Wages and salaries Social security costs Employer contributions	to pension	plans	652,993 50,988 12,877	659,938 51,452 12,600
			716,858	723,990

The average	The average	head count of employees	head count of employees	during	30 (2020:	29).The average	number
offull-time	equivalent	employees	during	the year is analysed	as follows:	2021	2020
						No.	No.
Teachers						24	24
Administration						2	2
						26	26

19.	Tangible fixed asset	s
		Land and
		buildings	Equipment	Tote I
			6
	Cost
	At 1 August 2020 Additions	190,318 8,800	103,190 46,766	293,508 55,566
	Disposals	(61,101)	(29,295)	(90,396)
	At 31July 2021	138,017	120,661	258,678
	Depreciation At 1 August 2020 Charge for the year	169,661 13,262	93,838 22,087	263,499 35,349
	Oisposals	(61,101)	(29,295)	(90,396)
	At 31July 2021	121,822	86,630	208,452
	Carrying amount At 31July 2021	16,195	34,031	50,226
	At 31 July 2020	20,657	9,352	30,009
20.	Debtors
			2021 f	2020
	Trade debtors		4,845	14,151
	Prepayments and accrued income		5,838	6,438
	Other debtors		8,571	350
			19,254	20,939
21.	Creditors: amounts	falling due within one year
			2021 f	2020
	Trade creditors		18,474	21,376
	Accruals and deferred	income	11,191	87,620
	Other creditors		162,006	150,742
			191,671	259,738
22.	Creditors: amounts	falling due after more than one year
			2021	2020 f
	Other creditors		40,210	40,031

Deferred income
		2021	2020
At 1 August 2020		73,443	23,260
Amount released	to income	(73,443)	(23,260)
Amount deferred	in year	184	73,443
At 31July 2021		184	73,443

The amount contribution Government	recognised in income or expenditur plans was f12,877(2020:f12,600). grants	recognised in income or expenditur plans was f12,877(2020:f12,600). grants	e as an exp	ense in relation to	defined
The amounts	recognised in the financial statements		for government	grants are as follows:
				2021	2020
				8	6
Recognised Government	in income from donations grants income	and legacies:		35,308	68,958

Unrestricted	funds
		At				At
		1 August 2020	Income	Expenditure	Transfers	31July 2021
		F	6	E	E	8
General funds		9,296	1,170,398	(1,137,285)		42,409
Coronavirus	Bursary
Fund
		9,296	1,170,398	(1,137,285)		42,409
		At				At
		1 August 2019 E	Income 5	Expenditure	Transfers f	31 July 2020 E
General funds		(70,470)	1,190,001	(1,042, 177)	(68,058)	9,296
Coronavirus	Bursary
Fund			15,000	(83,058)	68,058
		(70,470)	1,205,001	(1,125,235)		9,296

	Restricted funds
				At						At
			1 August 2020		Income f	Expenditure 8		Transfers f	31July 2021 6
	SEN Funding				12,125	(12,125)
				At						At
			1 August 2019 E		Income E	Expenditure F		Transfers f		31 July 2020 F
	SEN Funding				19,486	(19,486)
27.	Analysis of net assets between			funds
								Unrestricted		TotaIFunds
								Funds f		2021 6
	Tangible fixed assets Current assets							50,226 224,064		50,226 224,064
	Creditors less than 1 Creditors greater than		year 1 year					(191,671) (40,210)		(191,671) (40,210)
	Net assets							42,409		42,409
								Unrestricted		Total Funds
								Funds		2020
								6		E
	Tangible fixed assets							30,009		30,009
	Current assets							279,056		279,056
	Creditors less than 1 Creditors greater than		year 1 year					(259,738) (40,031)		(259,738) (40,031)
	Net assets							9,296		9,296
28.	Analysis ofchanges		in net debt
						At				At
						1 Aug	2020	Cash flows		31 Jul 2021
										8
	Cash at bank and	in hand				258,117		(53,307)		204,810

Operating lea	se commit	ments
The total future	minimum	lease payments	under non-cancellable	operating	leases are as follows:
					2021	2020
					6
Not later than 1 year Later than 1 year and not		later than 5years			176,344 879,704	176,634 175,000
				1,056,048		351,634