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|||||||Page|
|---|---|---|---|---|---|---|
|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|
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|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||||
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||||||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|
##
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||||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|
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||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|
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|||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|
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|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|
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|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|
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|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|
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|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|head count of employees|during|the year was|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|
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|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|
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|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|
##
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|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|
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|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|
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||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|
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|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|
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