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|||Page|
|---|---|---|
|Company
information||1-2|
|Directors' report (incorporating
the Strategic report)||3 —16|
|Directors' Responsibilites
Statement||17|
|Independent
auditor's|report|18-20|
|Financial statements|ofthe company:||
|Consolidated|Statement of Financial Activities|21|
|Charity Statement of Financial Activities||22|
|Consolidated|and Charity Balance Sheets|23|
|Consolidated|Statement ofCash Flows|24|
|Notes to the|Financial Statements|25-46|
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|he|directors who served|during the yea|r, and the com|mittees
ofwhich they are members|mittees
ofwhich they are members|
|---|---|---|---|---|---|
|C|E Lillis (Chairman)|||Finance and General Purposes||
|||||Investment||
|K|ECastle|Appointed|27.11.19|Regulatory|Compliance|
|S|M Connor|||Education||
|M|A Denton|Resigned|28.12.19|Regulatory|Compliance|
|||||Staffing and|Personnel|
|D|Fairweather|||||
|J|Hopkins|||Finance and General Purposes||
|||||Regulatory|Compliance|
|||||Staffing and Personnel||
|R|A KHoppins|||Finance and General Purposes||
|||||Investment||
|J|C Pochin|Appointed|3.3.20|Finance and General Purposes||
|M|DTSampson|||Regulatory|Compliance|
|J|Scanlon|Resigned|18.9.20|Education||
|J|M Trowbridge|||Education||
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||||||Unrestricted|Restricted|Endowed|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||Notes|Fundsf|Funds
f|Fundsf|2020f|2019|
|Income and Endowments||from:||||||||
|Charitable
Activities||||||||||
|School fees receivable||||3|8,349,585|(15,506)||8.334,079|9,238,046|
|Ancillary trading
income||||4|748,704|||748,704|1,013,587|
|Other trading activities||||||||||
|Non-ancillary
trading
income|||||88,439|||88,439|452,326|
|Other achvitiss|||||3,964|||3,964|8,706|
|Investments||||||||||
|Investment
income||||6|6,259||||7,120|
|Bank and other interest||||||||||
|Voluntary sources||||||||||
|Grants and Donations||||7|1,122,887|54,714||1,177,60'I|72,185|
|Other incoming resources|||||1,878|||1,878|8,881|
|TOTAL INCOMING RESOURCES|||||10,321,716|39,208||10,360,924|10,800,851|
|Expenditure
on Raising|Funds|||||||||
|Non ancillary trading costs|||||108,481|||108,481|365,438|
|Other income generating|activities||||761,109|||761,109|861,710|
|Financing costs|||||143,925|||143,925|80.267|
|Investment
management|||||2,202|||2,202|2,192|
|Fundraising
snd development|||||116,336|||116,335|130,673|
|TOTALDEDUCTIBLECOSTS||||8|1,132,053|||1,132,053|1.440,280|
|Charitabl
Acthritiss||||||||||
|Education||||8|8,841,820|44,693||8,886,513|9,587,929|
|TOTAL EXPENDITURE||||8|9,973,873|44,693||10,018,566|11,028,209|
|Net income/(expenditure)||||||||||
|before transfers|||||347,843|(5,485)||342,358|(227,358)|
|Realised gains on investment||assets||13|9,269|||9,269|7,730|
|Unrealised
gains on inveslrnent|||assets|13|(7,657)|||(7,657)|(4,911)|
|Net income/(expenditure)|||||349,455|(5,485)||343,970|(224,539)|
|Transfers between funds||||24|(8,563)|8,563||||
|Net Movement
in funds|for|the|year||340,892|3,078||343,970|(224,539)|
|Fund balances at 1stSeptember|||||4,252,996|43,853||4,296,849|4,521,388|
|FUND BALANCES ASAT 31STAUGUST|||||4,593,888|46,931||4,640,819|4,296,849|
##
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|||||||Unrsstliclad|Restricted|Endowed|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|
||||||Notes|Funds|Funds|Funds|2020|2019|
|||||||5|5|6||8|
|Income and Endowments||from:|||||||||
|Charitable Aclvities|||||||||||
|School fees receivable||||||8,349,585|(15,506)||8,334,079|9,238,046|
|Anallaiy
trading
income||||||748,704|||748,704|1,013,587|
|Other trading acgvities|||||||||||
|Ellesmere Collage Enterprises|||Ltd|||11,780|||11,780|137,198|
|Other activities||||||3,964|||3,964|8,706|
|Invesbnents|||||||||||
|Investment
income||||||6,259|||6,259|7,120|
|Voluntary sources|||||||||||
|Grants and Donations||||||1,122,887|54,714||1,177,601|72,185|
|Other incoming resources||||||1,878|||1,878|8,881|
|TOTAL INCOMING RESOURCES||||||10,245,057|39,208||10,284,265|10,485,723|
|Expenditure
on Raising|Funds||||||||||
|Non Ancillary Trading||||||11,780|||11,780|54,213|
|Other income generating|activities|||||761,109|||761,109|861,710|
|Financing costs||||||139,799|||139,799|79,484|
|Investmsnt
management||||||2,202|||2,202|2,192|
|Fundraising
and development||||||116,336|||116,336|130,673|
|TOTAL DEDUCTIBLE COSTS||||||1,031,226|||1,031,226|1,128,272|
|Charitable
Acdvities|||||||||||
|Education|||||8|8,841,472|44,693||8886,165|9,584,809|
|TOTAL EXPENDITURE|||||8|9,872,698|||9,917,391|10,713,081|
|Net income/(expenditum)|||||||||||
|before transfers||||||372,359|(5,485)|-|366,874|(227,358)|
|Realised gains on investment|||assets||13|9,269|||9,269|7,730|
|Unrealised
gains on investment||||assets|13|(7,657)|||(7,657)|(4,911)|
|Net income/expenditure||||||373,971|(5,485)|-|368,486|(224,539)|
|Transfers between funds|||||24|(8,563)|||||
|Net Movement
in funds|for the|||year||365,408|3,078||368,486|(224,539)|
|Fund balances at 1stSeptember||||||4,252,996|43,853||4,296,8r8|4,521,388|
|FUND BALANCES ASAT||31STAUGUST||||4,618,404|46,931||4,665,335|4,296,849|
##
##
||Note|Group||Charthr||
|---|---|---|---|---|---|
|||2020
5|2019
F|2020
f.|2019
f|
|FIXEDASSETS||||||
|Tangible assets|12|7,843,891|8,077,794|7,843,891|8,077,794|
|Securities Investments|13|393,466|387,797|393,567|387,898|
|||8,237,357|8,465,591|8,237,458|8,465,692|
|CURRENT ASSETS||||||
|Stock||37,056|60,753|31,422|53,797|
|Debtors|14|676,508|705,841|724,316|801,067|
|Cash atbank and in hand||37,942|114,015|12,981|9,204|
|||751,506|880,609|768,719|864,068|
|CURRENT LIABILITIES||||||
|Creditors payable
within one year||8)|~(3,556. 88|(3,(383) )|. (3,535.536)|
|NET CURRENT LIABILITIES||(2,394,070)|(2,675,797)|(2,369,655)|(2,675,898)|
|TOTAL ASSETS LESSCURRENT|LIABILITIES|5,843,287|5,789,794|5,867,803|5,789,794|
|LONG TERRI UABILITIES||||||
|Creditors payable after one year|16|(1,202,368)|(1,492,845)|(1,202,368)|(1,492,845)|
|NET ASSETS||4,640,919|4,296,949|4,665,435|4,296,949|
|REPRESENTED BY:||||||
|Called up share capital|21|100|100|100|100|
|RESTRICTED FUNDS|24|46,931|43,853|46,931|43,853|
|UNRESTRICTED FUNDS||||||
|General reserve|24|4,593,888|4,252,996|4,618,404|4,252,996|
|||4,640,919|4,296,949|4,665,435|4,296,949|
##
##
|||||Note|Group|Group|
|---|---|---|---|---|---|---|
||||||2020|2019|
|||||||6|
|Cash flows from operating|activities:||||||
|Net cash provided
by operating
activities||||31|269,964|4,761|
|Cash flows from investing
Dividends,
interest and rents|activities:
from investments||||6,259|7,120|
|Proceeds from the sale ofproperty,
plant||and equipment||||7,659|
|Purchase of property,
plant and equipment
Pniceeds from sale ofinvestments||||12
13|(40,254)
84,885|(192,814)
47,406|
|Purchase ofinvestments||||13|(88,943)|(52,334)|
|Net cash used in investing|activities||||(38,053)|(182,983)|
|Cash flows from financing|activities:||||||
|Repayments
ofborrowing
Financing costs|||||(149,877)
(140,330)|(145,468)
(80,267)|
|Net cash used in financing|activities||||(290,207)|(225,735)|
|Change
in cash and cash|equivalents|in the|year||(58,296)|(403,937)|
|Cash and cash equivalents|atthe beginning||ofthe year||(652743)|(248806)|
|Cash and cash equivalents|at the end|ofthe|year|32|(711,039)|(652,743)|
##
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|CHARITABLE ACTIVITI|ES - SCHOOL FEESRECEIVABLE - GR|OUP AND CHARITY||
|---|---|---|---|
|The School fees income|comprises:|||
|||2020|2019|
|||f|f|
|Gross fees||11,467,576|12,025,040|
|Less: Total scholarships,|bursaries, etc|73, 39. 97I|~2.788.93|
|Add back: Scholarships,|Grants etc. paid for by|8,334,079|9,238,046|
|Restricted Funds||15,506|13,922|
|Unrestricted:||8,349,585|9,251,968|
|CHARITABLE ACTIVITIES|-|ANCILLARY TRADING INCOME (UNRESTRICTED) -GROUP AND|ANCILLARY TRADING INCOME (UNRESTRICTED) -GROUP AND|CHARITY|
|---|---|---|---|---|
||||2020|2010|
|Entrance fees and registration||fees|8,509|11,049|
|Fees in lieu ofnotice|||55,193|94,422|
|Extra subjects|||429,267|437,237|
|Other ancillary educational|income||4,323|4,196|
|Pupil Bussing|||160,532|227,419|
|Activities,
Clubs, Events and||House income|90,880|239,264|
||||748,704|1,013,587|
##
|OTHER TRADING ACTIVITIES|(UNRESTRICTED) -GROUP|||
|---|---|---|---|
|||2020|2019|
|||9|f|
|Nonwncillary
trading income||||
|Efiesmere College Enterprises|Limited|88,439|452,326|
|Efiesrnere College International|Limited|||
|Interest receivable - pupils'
bills||88,439
3,964|452,326
8,706|
|||92,403|461,032|
##
|6|INVESTMENTS - INVESTMENT INCOME|INVESTMENTS - INVESTMENT INCOME|INVESTMENTS - INVESTMENT INCOME|INVESTMENTS - INVESTMENT INCOME|INVESTMENTS - INVESTMENT INCOME||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Unrsstrictart||Restrided|Endowed|Total|Total|
||||||||||zozo|2019|
||||||||||9|9|
||Securldes Investment|||income|||||||
||Dividends
Fixed interest|||||6,241
18|||6,241
18|7,090
30|
|||||||6,259|||6,259|7,120|
||67,120ofincome||in 2019was unrestricted.||||||||
||VOLUNTARY|SOURCES - GRANTS AND||||DONATIONS|||||
||||||Unrestricted||Restiided|Endawed|Total|Total|
||||||||||2020|2019|
|||||||||||f|
||Donations|||||1,083|54,714||55,797|72,185|
||Government|Grant - CJRS|||1,121,804||||1,121,804||
||||||1,122,887||54,714||1,177,601|72,185|
##
|ANALYSIS OF EXPENDITURE|ANALYSIS OF EXPENDITURE||||||
|---|---|---|---|---|---|---|
|a)Total Expenditure
-Group|||||||
|||Stall Coals|Depreciation|Support|Total|Total|
|||(cola 10)
f|(nolo 12)
f|Casts
E|2020
9|2019|
|Costs of raising funds
Non ancillary trading costs
Other income generating
activities
Financing cost (note 9)
Investment
management
Fundraising
and development||61,260
511,322
105,091||47,221
249,787
143,925
2,202
11,245|108,481
761,109
143,925
2,202
116,336|365,438
861,710
80,267
2,192
130,673|
|Total||677,673||454,380|1,132,053|1,440,280|
|Charitable
Expenditure|||||||
|Education|||||||
|Teaching||4,431,147|25,837|373,842|4,830,826|4,937,336|
|Welfare||588,319||442,408|1,030,727|1,366,451|
|Premises||798,578|248,320|883,874|1,930,772|2,094,977|
|School administration
and governance||446,819||643,087|1,089,906|1,180,986|
|Grants, awards snd prizes (note Bc)||||4,282|4,282|8,179|
|Total||6,264,863|274,157|2,347,493|8,886,513|9,587,929|
|Total Expended - Group||6,942,536|274,157|2,801,873|10,018,566|11,028,209|
##
|ANALYSIS OF EXPENDITURE (contin|ANALYSIS OF EXPENDITURE (contin|ued)|||||
|---|---|---|---|---|---|---|
|b)Total Expenditure
-Charity|||||||
|||Staff Costs|Depreciation|Support|Total|Total|
|||(note 10)|(note 12)|Costs
f|2C20
6|2019
6|
|Costs ofraising funds|||||||
|Non Ancillary Trading||||11,780|11,780|54,213|
|Other income generating|activities|5'l1,322||249,787|761,109|861,710|
|Financing cost (note 9)||||139,799|139,799|79,484|
|Investment
management||||2,202|2,202|2,192|
|Fundraising
and development||105,091||11,245|116,336|130,673|
|Total||616,413||414,813|1,031,226|1,128,272|
|Charitable
Expenditure|||||||
|Education|||||||
|Teaching||4,431,147|25,837|373,842|4,830,826|4,937,336|
|Welfare||588,319||442,408|1,030,727|1,366,451|
|Premises||798,578|248,320|883,874|1,930,772|2,094,977|
|School administration
and governance
Grants, awards and prizes (note Bc)||448,819||642,739
4,282|1,089,558
4,282|1,177,866
8,179|
|Total||6,264,863|274,157|2,347,145|8,886,165|9,584,809|
|Total Expended - Charity||6,881,276|274,157|2,761,958|9,917,391|10,713,081|
##
##
|c)Grants, awards and prizes||||
|---|---|---|---|
|Ellesmere College makes awards to individual|families to support schooling|||
|||2020|2019|
|From Restricted Funds:||||
|Bursaries and other grants and awards||15,506|13,922|
|From unnmtricted
funds:||||
|Prizes and leaving awards||4,282|8,179|
|||19,788|22,101|
##
##
|and acoornmod|ation|,
wh|ere a claim is made.
One trustee was reimburs|ed
during the year (2019:on|e).|
|---|---|---|---|---|---|
|Group||||2020|2019|
|||||2|2|
|Remuneration|paid to auditor for audit services|||15,700|17,300|
|AddiTional
remuneration|||paid to auditor for prior years|12,000||
|Reimbursement
of personal expenses to governors
Other governance
costs||||153|18
925|
|||||27,853|18,243|
|Charity||||||
|Remunemtion|paid to auditor for audit services|||13,000|15,000|
|AddEonal
remuneration|||paid to auditor for prior years|12,000||
|Reimbursement|ofpersonal expenses to governors||||18|
|Other governance||costs||153|925|
|||||25,153|15,943|
|FINANCING COSTS||||||
|||||2020|2019|
|Group
Bank charges|and|Bank|Loan interest|2
61,284|2
61,989|
|Bad and doubtful||debt increase
in provision||82,641|18,278|
|||||143,925|80,267|
|Charity||||||
|Bank charges|and|Bank|Loan Interest|60,753|61,206|
|Bad and doubtful||debt increase
in provision||79,046|18,278|
|||||139,799|79,464|
##
##
|STAFF COST|S|||
|---|---|---|---|
|The aggregate|payroll costs forthe year were:|2020|2010|
||||2|
|Group||||
|Wages and salaries||5,622,031|5,600,823|
|Social security|costs|509,979|502,503|
|Other pension|costs|800,922|568,225|
|Private medical|insurance|9,604|12,228|
|||6,942,536|6,683,779|
|Charity||||
|Wages and salaries||5,564,196|5,448,329|
|Social security|costs|507,905|498,377|
|Other pension|costs|799,571|567,070|
|Private medical|insurance|9,604|12,228|
|||6,881,276|6,526,004|
##
##
|||||2920|2919|
|---|---|---|---|---|---|
|||||Number|Number|
|670000 - 680000||||1|2|
|F80,000 - 890,000|||||1|
|890,000 - 8100,000||||||
|6140,000 - 8150,000||||||
|F160,000 - 8170,000||||||
|f180,000-6190,000||||||
|The number
with retirement||benefits|accruing:|||
|- in Defined Contribution|schemes wes|||||
|Ofwhich the contributions||amounted|to|15,356|8,904|
|- in Defined Benefit schemes wes||||2|2|
|Average number ofemployees
on head count basis|||
|---|---|---|
||2929|2019|
||Number|Number|
|Teaching
Welfare|114
53|116
69|
|Premises|52|53|
|Support
Group and Charity|27
26|26
284|
##
##
|12|TANGIBLE FIXEDASSETS||||||
|---|---|---|---|---|---|---|
||Group and Charity|Land and|Motor|Computer|Plant and|Total|
|||Buildings|Vehicles|Equipment|Equipment||
|||Freehold|||||
|||f|||||
||Cost||||||
||At 1 September 2019|8,834,333|212,398|44,849|1,584,421|10,676,001|
||Additions||7,080|33,174||40,254|
||Disposals||||||
||As 31August 2020|8,834,333|219,478|78,023|1,584,421|10,716,255|
||Depreciation||||||
||At 1 September 2019|1,358,379|154,483|30,849|1,054,496|2,598,207|
||Charge for the year|153,529|31,633|11,225|77,770|274,157|
||Disposals||||||
||At 31August 2020|1,511,908|186,116|42,074|1,132,266|2,872,364|
||Net book value||||||
||at 31August 2020|7,322,425|33,362|35,949|452,155|7,843,891|
||Net book value||||||
||at 31August 2019|7,475,954|57,915|14,000|529,925|8,077,794|
##
##
|'I3|SECURITIES INVESTNENTS|SECURITIES INVESTNENTS|||
|---|---|---|---|---|
||||Securities|aecurltlss|
||Group||Investments
2020|Invsstmenls
2019|
||||2||
||Group Investments
At 1 September||387,797|380,050|
||New money invested
Reinvested
income||6,259|7,120|
||Investment
management
fees
Increase in value ofinvestments||(2,202)
1,612|(2,192)
2,819|
||Group investments
at31August||393,466|387,797|
||Investment
in subsidiariies||101|101|
||Charity investments
at|31August|393,567|387,898|
||Investments
comprise:||||
||Listed Investments||||
||Index Linked||18,738|16,077|
||Other UK Fixed Interest||12,374|5,190|
||UK Specialist Credit
Overseas Index Linked||6,110
11,567|6,571
11,884|
||Alternative
investments||49,708|51,876|
||Mulit Asset||11,715||
||Global||21,539|22,967|
||UK Equities
America Indirect||100,572
82,581|107,007
86,324|
||Continental
Europe
Continental
Europe
Indinrct
Japan Indimct
Pacific Basin||10,280
11,166
8,360|9,140
10,178
12,495
8,218|
||Pacific Basin indirect||18,705|11,851|
||Other overseas equities||16,991|23,056|
||Cash||13,060|4,963|
||Group investmenls
at31August||393,466|387,797|
||Investment
in subsdiarties||101|101|
||Charity investments
at|31August|393,567|387,898|
||Historical crmt ofinvestments||308,703|303,026|
##
##
##
|DEBTORS|||||||||
|---|---|---|---|---|---|---|---|---|
||||||Group||Charily||
||||||2920|2019|2020|2019|
||||||8|E|8|f|
|School fees receivable|||||183,883|281,186|183,883|281,186|
|Trade debtors|||||1,265|187,314|||
|Other debtors|||||299,468|47,330|299,468|47,330|
|Prepayments|and accrued||income||190,207|181,397|189,360|180,230|
|Amounts
due|fmm subsidiary|||companies|||49,920|283,707|
|Amounts
due|from parent company||||1,685|8,614|1,685|8,614|
||||||676,508|705,841|724,316|801,067|
|The school fees receivable|||is net ofa Bad||Debt Provision of6260 042 (2019:F201 621).||||
|CREDITORS: DUE||WITHIN||ONE YEAR|||||
||||||Group||Charity||
||||||2020|2019|2020|2019|
|||||||8|E|6|
|Bank loans and overdrafts|||||898,063|915,840|898,063|915,840|
|Fees received|from|parents||in advance|||||
|oftenn|||||1,020,065|1,263,627|1,020,065|1,263,627|
|Repayable
deposits||from parents|||442,138|516,426|442,138|516,426|
|Trade creditors|||||254,239|383,458|251,545|374,470|
|Taxation snd social||security|||149,063|138,237|147,715|130,868|
|Other creditors|||||141,741|130,053|141,741|130,053|
|Accruals|||||240,267|208,765|232,707|203,810|
|Amounts due to subsidiary|||companies||||4,400|4,872|
||||||3,145,576|3,556,406|3,138,374|3,539,966|
##
|CREDITO|RS: DUE|AFTE|R MORE THAN ONE YEA|R||
|---|---|---|---|---|---|
|||||Group and Chsdty||
|||||2020|2019|
|||||8|8|
|Repayable|Deposits|from|Parents|479,900|620,500|
|Bankloans||||722,468|872,345|
|||||1,202,368|1,492,845|
##
##
##
##
|||||2020|2019|
|---|---|---|---|---|---|
||||||2|
|The
Due
Due
Due
Due|bank
after
within
within
after|loans are repayable
5years
2to 5years
1to 2years
mors than one year|by instalments|63,389
498,929
160,150
722,468|244,737
475,386
152,222
872,345|
|Due|within|1 year||149,082|149,082|
|||||871,550|1,021,427|
##
##
##
|||2020|2019|
|---|---|---|---|
|||8||
|The deposits become repayable
Due after 5years
Due within 2to 5years
Due within
1 to 2years
Due after more than one year|when the pupil leaves:|60,000
270,500
149,400
479,900|72,600
312,200
235,700
620,500|
|Due within
1 year||442,138|516,426|
|||922,038|1,136,926|
|COMMITMENTS
UNDER OPERATING LEASES||||
|||2020|2019|
|Within
1year
Between 2 and 5yearn||41,235
94,533|11,100
14,337|
|After 5years||||
|||135,768|25,437|
##
##
##
|FINANCIAL
IN|STRUMENTS|||
|---|---|---|---|
|||292S|2019|
|||8||
|FINANCIAL ASSETS:||||
|Debt instruments
at amortised cost||||
|Trade debtors||1,265|187,314|
|Group debtors||1,685|8,614|
|Other debtors||483,351|328,516|
|Accrued income||190,207|181,397|
|||676,508|705,841|
||||2019|
||||6|
|RNANCIAL LiABIUTIES:||||
|Flnancia
I liabilities at amortised cost||||
|Bank overdrsEs||748,981|766,758|
|Trade creditors||254,239|383,458|
|Group creditors||||
|Other creditors||2,232,907|2,747,555|
|Accruals||240,267|130,053|
|Borronings - bank loans||871,550|1,021,427|
|||4,347,944|5,049,251|
|SHARE CAPITAL||||
|||2020|2019|
|||8|8|
|Authorised||||
|100Ordinary|shares ofF1 each|100|100|
|AEotled, called up and fully paid||||
|100Ordinary|shares ofF1each|100|100|
##
##
##
##
##
##
##
|ANALYSIS OF NETASSETSBETWEEN F|UNDS|||
|---|---|---|---|
||||Total|
||Unrsstncted|Restrictsd|202s|
|||2|2|
|Tangible fixed assets
Securities investments|7,843,891
393,467||7,843,891
393,467|
|Net current (liabilities)/assets|(2,441,002)|46,931|(2,394,071)|
|Long term liabilities|(1,202,368)||(1,202,368)|
||4,593,988|46,931|4,640,919|
||||Total|
||Unrestricted|Restricted|2012|
|||2||
|Tangible fixtxt assets
Securities investments|8,077,794
387,797||8.077,794
387,797|
|Net current (liabiYrties)/assets
Long term liabilities|(2,719,650)
(1,492,845)|43,853|(2,675,797)
(1,492,845)|
||4,253,096|43,853|4,296,949|
##
##
##
##
||Babnce at 1|||Gains/||
|---|---|---|---|---|---|
||September|Incoming|Resources|(Losses}r|Balance at31|
||2019|resoUKss|expended|Transfem|August 2020|
|||E|E|E|E|
|Restricted Funds||||||
|Schulze Fund|4,435||||4,435|
|Peter Messenger
Fund|2,778|1,180|(600)||3,358|
|Mullock Scholarship||11,394|(9,495)||1,899|
|Enhance Egesmere|31,427|17,427|(21,265)||27,589|
|Covid Face Mask Project||8,127|(8,127)|||
|lan Beer Rugby Scholarship|268|336|||604|
|Silver Cross Scholarship
Leavers Gift
Walker Scholarship|2,777
(2,021)
4,189|16,250|(1,222)
(15,301)
~99|8,563|1,555
7,491|
||43,853|54,714|(60,199)|8,563|46,931|
|Unrestricted
Funds||||||
|General Reserve|4,252,996|10,321,716|(9,973,873)|(6,951)|4,593,888|
||Ualsnce at I|||ualnsr||
||September|Incoming|Resources|(Losses)l|Balance at 31|
||2018|msoUmss|expanded|Tmnsfers|AUg USt 2019|
|||E|E|E|E|
|Restricted
Funds||||||
|Schulze Fund|4,102|651|(318)||4,435|
|Peter Messenger
Fund|3,338||(560)||2,778|
|Enhance Egesmere|21,526|35,194|(25,293)||31,427|
|lan Beer Rugby Scholarship|1,488|280|(1,500)||268|
|Silver Cross Scholamhip|2,777||||2,777|
|Lesvers Gift|19,498|20,973|(42,492)||(2,021)|
|Walker Scholarship|1,051|15,000|(11,862)||4,189|
||53,780|72,098|(82,025)||43,853|
|Unrestricted
Funds||||||
|General Reserve|4,467,608|10,742,675|(10,960,106)|2,819|4,252,996|
##
##
##
##
##
##
##
##
##
##
##
##
##
|30|Consolidated
Statement|ofFinancial Activities - Comparative
figures by fund type|ofFinancial Activities - Comparative
figures by fund type|ofFinancial Activities - Comparative
figures by fund type|ofFinancial Activities - Comparative
figures by fund type|ofFinancial Activities - Comparative
figures by fund type|ofFinancial Activities - Comparative
figures by fund type|||
|---|---|---|---|---|---|---|---|---|---|
||Year Ended 31August 2019|||||||||
|||||||Unrestricted|Restricted|Endowed|Total|
|||||||Funds|Funds|Funds|2019|
|||||||6|6||6|
||Income and Endowments||from:|||||||
||Charitable
Activities|||||||||
||School fees receivable|||||9,251,968|(13,922)||9,238,046|
||Ancillary trading income|||||1,013,587|||1,013,587|
||Other trading activities|||||||||
||Non-ancillary
trading income|||||452,326|||452,326|
||Other activities|||||8,706|||8,706|
||Investmenls|||||||||
||Investment
income|||||7,120|||7,120|
||Bank and other interest|||||||||
||Voluntary sources|||||||||
||Grants and Donations|||||87|72,098||72,185|
||Other incoming
resources|||||8,881|||8,881|
||TOTAL INCOMING RESOURCES|||||10,742,675|58,176||10,800,851|
||Expenditure
on Raising|Funds||||||||
||Non ancillary trading costs|||||365,438|||365,438|
||Other income generating|activities||||861,710|||861,710|
||Financing costs|||||80,267|||80,267|
||Investment
management|||||2,192|||2,192|
||Fundraising
snd development|||||130,673|||130,673|
||TOTAL DEDUCTIBLE COSTS|||||1,440,280|||1,440,280|
||Charitable
Activities|||||||||
||Education
and grantmaking|||||9,519,826|68,103||9,587,929|
||TOTAL EXPENDITURE|||||10,960,106|68,103||11,028,209|
||Net income and expenditure|||||||||
||before transfers|||||(217,431)|(9,927)||(227,358)|
||Realised gains on investment|||assets||7,730|||7,730|
||Unrealised
gains on investment||||assets|(4,911)|||(4,911)|
||Net incomingl(outgoing)||resources|||(214,612)|(9,927)||(224,539)|
||Transfers
between
funds|||||||||
||NET INCONIE AND CAPITAL|||(OUTFLOW)||(214,612)|(9,927)||(224,539)|
||Pension scheme actuarial||losses|||||||
||Net Movement
in funds|forthe|||year|(214,612)|(9,927)||(224,539)|
||Fund balances at 1stSeptember||||2018|4,467,608|53,780||4,521,388|
||FUND BALANCES AS AT||31STAUGUST 2019|||4,252,996|43,853||4,296,849|
##
##
##
||||Group|Group|
|---|---|---|---|---|
||||2020|2019|
||||6|6|
|Net income/(expenditure)|for the reporting|period (as per the statement|||
|offinancial activities)|||343,970|(224,539)|
|Adjustments
for:|||||
|Depreciation
charges|||274,157|275,174|
|(Gains) on investments|||(1,612)|(2,819)|
|Dividends,
interest and rents fram investments|||(6,259)|(7,120)|
|Financing costs|||140,330|80,267|
|(Profit) on the sale offixed|assets|||(8,180)|
|Decrease/(Increase)
in stocks|||23,697|(10,737)|
|Decrease/(Increase)
in debtors|||29,333|(75,778)|
|(Decrease) in creditors|||(533,652)|(21,507)|
|Net cash provided
by operating
activities|||269,964|4,761|
||||Group|Group|
||||2020|2019|
||||6|6|
|32. ANALTSIS OF CASH|AND CASH EQUIVALENTS||||
|Cash at bank and in hand|||37,942|114,015|
|Overdraft
facility repayable|on demand||(748,981)|(766,758)|
|Total cash and cash equivalents|||(711,039)|(652,743)|