## 

|**Contents **|**Page **|
|---|---|
|ReferenceandAdministrativeDetails||
|Trustees'Report|3|
|StrategicReport|8|
|IndependentAuditor'sReport|16|
|ConsolidatedStatementofFinancialActivities|18|
|ConsolidatedandParentCharityBalanceSheets|19|
|ConsolidatedCashflowStatement|`20`|
|PrincipalAccountingPolicies|`22 `|
||26|





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|||(1)|(2)|(3)|(4)|(5)|
|---|---|---|---|---|---|---|
|DrM Edelsten(Chair)||•|•|•|•|•|
|JAldridge|||•||||
|JCroom|||•||||
|MDay|||||||
|KJeffrey(Principal)||•|•|•||•|
|JPeake(ViceChair)||•|||||
|RSkells*(ViceChair)|LeftDecember2019||•|•|•|•|
|RTalbut|||•||•||
|AWilliams||•|||||
|PMWilson||•|||||
|PRWilson|||•||||





|**Principal address **|NewHallSchool|
|---|---|
||TheAvenue|
||Boreham|
||Chelmsford|
||Essex CM33HS|
|**Auditor**|RSMUKAuditLLP|
||AbbotsgateHouse|
||HollowRoad|
||BuryStEdmunds|
||SuffolkIP32 ?FA|
|**Bankers **|NationalWestminsterBankpic|
||4-5HighStreet|
||Chelmsford|
||EssexCM11BL|
|**Solicitors **|BirkettsLLP|
||ProvidenceHouse|
||141-145PrincesStreet|
||Ipswich|
||Suffolk|
||IP11QJ|
|**Website **|www.newhallschool.co.uk|





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|**Energy Consumption used to calculate emissions1 August 2019 to 31 July 2020 **|**Energy Consumption used to calculate emissions1 August 2019 to 31 July 2020 **|**Energy Consumption used to calculate emissions1 August 2019 to 31 July 2020 **|
|---|---|---|
|**Consumption **|**Measure **|**Total Consumption **|
|Electricity|perkWh|1,877,110|
|Liquidfuels|perlitre|513,139|
|Gas|perlitre/kWh|43,658|
|TransportFuel|perlitre|15,846|
|**Scope1 Emissions**||**Metric tonnes tCO2e **|
|Liquidfuels||1,306.7|
|Gas||56.4|
|TransportFuel||39.9|
|**Scope2 Emissions**|||
|PurchasedElectricity||437.6|
|**Total **||1,840.6|
|**Intensity Ratio **|||
|**Number of pupils**|1,365|**1.35 tCO2eper pupil **|





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|||||Multi||||
|---|---|---|---|---|---|---|---|
|||||Academy|Permanent|||
|||Unrestricted|Restricted|Restricted|Endowment|**Total **|Total|
||Notes|<br>Funds|Funds|Fund|Fund|**2020**|2019|
|||£|£|£|£|£|£|
|**Income and endowments **||||||||
|**from: **||||||||
|**Charitable activities **||||||||
|Schoolfeesandother charges|2|22,320,521|||-|**22,320,521 **|**22,168,732 **|
|Fundingforeducational||||||||
|purposes|3|||529,809||**529,809 **|**489,126 **|
|Other||51,315|13|||**51,328 **|**23,763 **|
|**Other trading activities **||243,968|2,252|16,007||**262,227**|**440,331 **|
|**Investments **|1|45,602|2,706|295||**48,603 **|**48,193 **|
|**Other income **|4|673,200||||**673,200**||
|**Donations **|||41,415|10,084||**51,499 **|**1,347,887**|
|**Total income **||23,334,606|46,386|556,195|-|**23,937,187 **|**24,518,032 **|
|**Expenditure on: **||||||||
|**Charitable activities **||||||||
|Provision ofeducation|7|22,277,843|73,688|602,064|88,374|**23,041,969 **|**21,053,541 **|
|**Raising funds **||||||||
|Raisingdonations|5||178|773||**951 **|**8,441 **|
|Trading:costofgoodssold and||||||||
|othercosts|6|338,913||||**338,913 **|**275,727 **|
|||||---||||
|**Total expenditure **||22,616,756|73,866|602,837|88,374|**23,381,833 **|**21,337,709 **|
|Netgains oninvestments|13||1,089|||**1,089**|**979 **|
|**Net income/(expenditure) **||717,850|(26,391)|(46,642)|(88,374)|**556,443 **|**3,181,302 **|
|Transfershotweenfunds||_(22 _964)|13.709|9.255||||
|Actuarial losses ondefined||||||||
|benefitpensionscheme||||(17,000)||**(17,000) **|**(30,000) **|
|**Net movement in funds **||694,886|(12,682)|(54,387)|(88,374)|**539,443 **|**3,151,302 **|
|Balancesbroughtforward||||||||
|at1August2019||19,554,351|144,696|1,250,111|3,181,471|**24,130,629 **|**20,979,327 **|
|**Balances carried forward **||||||||
|**at 31July 2020 **||20,249,237|132,014|1,195,724|3,093,097|**24,670,072 **|**24,130,629 **|





## 

## 

|||Group|Group|**Charity **|**Charity **|
|---|---|---|---|---|---|
|||**2020 **|2019|**2020 **|2019|
||Notes|£|£|£|£|
|**Fixed assets**||||||
|Tangibleassets||**24,674,260 **|24,084,764|**23,434,402 **|22,825,971|
|Investments|13|**53,757**|52,668|**53,759 **|52,670|
|||**24,728,017 **|24,137,432|**23,488,161 **|22,878,641|
|**Current assets**||||||
|Stocks||**88,284 **|83,017|**29,276 **|27,546|
|Debtors|14|**1,019,898 **|1,765,977|**1,108,640 **|1,797,393|
|Cash atbank andinhand||**8,314,996 **|8,524,449|**8,062,927 **|8,260,236|
|||**9,423,178 **|10,373,443|**9,200,843 **|10,085,175|
|**Current Liabilities **||||||
|Creditorspayablewithinone year|15|**(6,362,389) **|(6,734,776)|**(6,290,21 O) **|(6,614,358)|
|**Net current assets**||**3,060,789 **|3,638,667|**2,910,633 **|3,470,817|
|**Total assets less current **||||||
|**liabilities **||**27,788,806 **|27,776,099|**26,398,794 **|26,349,458|
|**Long term Liabilities **||||||
|Creditorspayableafter oneyear|16|**(2,904,734) **|(3,471,470)|**(2,904,734) **|(3,471,470)|
|Pensionschemeliability|23|**(214,000) **|(174,000)|||
|**Total net assets**||**24,670,072 **|24,130,629|**23,494,060 **|22,877,988|
|**Represented by: **||||||
|**Funds and reserves**||||||
|Capitalfunds||||||
|Permanentendowment fund|18|**3,093,097 **|3,181,471|**3,093,097 **|3,181,471|
|Charitableincomefunds||||||
|Unrestrictedfunds||||||
|Generalfund|19|**18,729,771 **|16,264,263|**18,749,483 **|16,261,733|
|Designatedfund|20|**1,519,466 **|3,290,088|**1,519,466 **|3,290,088|
|Restrictedfunds|21|**132,014 **|144,696|**132,014 **|144,696|
|MultiAcademyrestrictedfund|21|**1,195,724 **|1,250,111|||
|||**24,670,072 **|24,130,629|**23,494,060 **|22,877,988|





## 

||||Total||Total|
|---|---|---|---|---|---|
||||**2020 **||2019|
||Notes|£|£|£|£|
|Cashflowsfromoperatingactivities||||||
|Net cashprovidedby operating||||||
|activities|A||**3,114,482 **||4,122,758|
|Cashflowsfrom investingactivities||||||
|Interestandinvestmentincome||||||
|received||**48,603 **||48,193||
|Proceedsfromsaleoftangible fixedassets||**21,565 **||13,784||
|Paymentfortangible fixed assets||**(2,519,211) **||(4,204,543)||
|CapitalgrantsfromDfE||**4,934 **||186,192||
|Net cashusedininvestingactivities|||**(2,444,109) **||(3,956,374)|
|Cashflowsfromfinancingactivities||||||
|Repaymentofbankloans||**(495,682) **||(484,008)||
|Repaymentoffinanceleases||**(82,756) **||(127,872)||
|Newcompositionfees||**1,796,815 **||1,971,128||
|Compositionfeesutilised||**(2,098,203) **||(2,040,559)||
||||**(879,826) **||(681,311)|
|**Change in cash and cash **||||||
|**equivalents in thereporting period **|||**(209,453) **||(514,927)|
|Cashandcashequivalentsatthe||||||
|beginningofthereportingperiod|||**8,524,449 **||9,039,376|
|**Cash and cash equivalents at the **||||||
|**end of the reportina period **|||**8,314,996 **||**8,524,449 **|





|||**Total **||Total|
|---|---|---|---|---|
|||**2020 **||2019|
||£|£|£|£|
|Netincomingresources||**556,443 **||3,181,302|
|Net(gains)onInvestments|**(1,089) **||(979)||
|Depreciationcharge|**2,262,140 **||1,458,351||
|Profitondisposaloftangible assets|**(21,565) **||(944)||
|CapitalgrantsfromDfEand othercapitalincome|**(4,934) **||(186,192)||
|FRS102pensioncostless contributionspayable|**20,000 **||21,000||
|FRS102pensionfinancecost|**3,000 **||2,000||
|Investmentincome|**(48,603) **||(48,193)||
|(lncrease)/Decreaseinstocks|**(5,267) **||11,869||
|Decrease/(lncrease)indebtors|**746,079 **||(939,569)||
|(Decrease)/lncreaseincreditors|**(391,722) **||624,113||
|||**2,558,039 **||941,456|
|**Net cash provided by operating activities **||**3,114,482 **||4,122,758|
|**B**<br>**Analysisof changes in net debt **|||||
||**At 1 August **|**Cash **|**Other **|At31July|
||**2019 **|**flows **|**non-cash **|**2020 **|
||||**changes **||
||£|£|£|£|
|**Cash and cash equivalents **|||||
|**Cash **|8,524,449|(209,453)||**8,314,996 **|
|**Borrowings **|||||
|**Loans falling due within oneyear **|(491,249)|(25,974)||**(517,223) **|
|**Loans falling due after oneyear **|(2,708,910)|521,656||**(2,187,254) **|
|**Finance lease obligations**||82,756|(332,425)|**(249,669) **|
||(3,200,159)|578,438|(332,425)|**(2,954,146) **|
|**Total **|5,324,290|368,985|(332,425)|**5,360,850 **|





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||||Multi|||
|---|---|---|---|---|---|
||||academy|||
||Unrestricted|Restricted|restricted|**Total **|Total|
||funds|funds|fund|**2020**|2019|
||£|£|£|£|£|
|Investmentincome||2,267||**2,267**|2,176|
|Interestreceivable|45,602|439|295|**46,336 **|46,017|
||45,602|2,706|295|**48,603 **|48,193|



## 

|||||Multi|||||
|---|---|---|---|---|---|---|---|---|
||Unrestricted|||academy|||||
||funds||Restricted|<br>restricted||**Total **||Total|
||||funds|<br>fund||**2020 **||2019|
||£||£|<br>£|||£|£|
|Grossfees|24,421,995||||**24,421,995 **|||22,985,028|
|Less:Bursaries,scholarships andother|||||||||
|discounts|(3,268,550)||||**(3,268,550) **|||(1,998,750)|
|Addback:Scholarshipspaidforfrom|||||||||
|RestrictedFunds|42,846|||||**42,846 **||24,426|
||21,196,291||||**21,196,291 **|||21,010,704|
|Otherschoolcharges|1,124,230||||**1,124,230 **|||1,158,028|
||mo**_yr _**<br>**..,0.,0. **|<br>**_a_**<br> <br>**I**|||**•**|oo#i<br>d<br> <br>**doy0a.a,ea.t **||**_me a_/e ye **<br>**., tee,t et **|
|**FUNDING FOR EDUCATIONAL PURPOSES **|||||||||
|||||Multi|||||
||||academy||||||
||||restricted|||**Total **||Total|
|||||fund||**2020 **||2019|
|**DfE/ESFA revenue grants: **||||£||£||£|
|GeneralAnnualGrant(GAG)|||421,050||**421,050 **|||401,456|
|OtherDfE/ESFAGrants|||54,595||**54,595**|||35,928|
|**Other government grants: **|||||||||
|Localauthoritygrants|||54,164||**54,164 **|||51,742|
||||529,809||**529,809 **|||489,126|



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## 

||||Multi|||
|---|---|---|---|---|---|
||||academy|||
||Unrestricted|Restricted|restricted|**Total **|Total|
||funds|funds|fund|**2020 **|2019|
||£|£|£|£|£|
|Fundraising expenses||178|773|**951 **|8,441|





## 

|||||Multi|||
|---|---|---|---|---|---|---|
|||||academy|||
|||||restricted|||
|||Unrestricted|Restricted|fund|**Total **|Total|
|||funds|funds|£|**2019 **|2019|
|||£|£||£|£|
|Trading expenses-Group||338,913|||**338,913 **|275,727|
|**PROVISION OF EDUCATION **|||||||
||||Multi||||
||||academy|Permanent|||
||Unrestricted|Restricted|restricted|endowment|**Total **|Total|
||funds|funds|fund|fund|**2020 **|2019|
||£|£|£|£|£|£|
|Teaching|11,416,765|42,846|399,409||**11,859,020 **|10,956,913|
|Welfare|2,150,888|16,765|||**2,167,653 **|2,487,513|
|Premises|5,587,880|||88,374|**5,676,254 **|4,408,184|
|Supportcostsofschooling|3,122,310|14,077|202,655||**3,339,042 **|3,200,931|
||22,277,843|73,688|602,064|88,374|**23,041,969 **|21,053,541|
|||StaffDepreciation&||Other|**Total **|Total|
|||costs|impairment|costs|**2020 **|2019|
|||£|£|£|£|£|
|Teaching||9,970,328|282,651|1,606,041|**11,859,020 **|10,956,913|
|Welfare||1,418,498|28,830|720,325|**2,167,653 **|2,487,513|
|Premises||1,251,587|1,877,544|2,547,123|**5,676,254 **|4,408,184|
|Supportcostsofschooling||1,390,103|73,115|1,875,824|**3,339,042 **|3,200,931|
|||14,030,516|2,262,140|6,749,313|**23,041,969 **|21,053,541|



||||Multi|||
|---|---|---|---|---|---|
||||academy|||
||Unrestricted|Restricted|restricted|**Total **|Total|
||funds|funds|fund|**2020 **|2019|
||£|£|£|£|£|
|Remuneration paidtoAuditorfor||||||
|auditoftheCharity'sfinancial||||||
|statements|20,600|||**20,600**|20,000|
|Feespayable totheAuditorforother||||||
|services:||||||
|Auditrelatedassurance services|1,050|||**1,050 **|1,000|
|Auditofthe financialstatements of||||||
|subsidiaries|3,050|||**3,050 **|2,950|
|Taxcompliance services|1,840|||**1,840 **|1,745|
|Governors'training andexpenses|1,612|||**1,612 **|6,391|
|Othergovernance costs|14,717||6,100|**20,817**|18,623|
||42,869||6,100|**48,969 **|50,709|





## 

|**ST AFF COSTS **|||||
|---|---|---|---|---|
|||**Total **||Total|
|||**2020**||2019|
||£|£|£|£|
|Staffcostsduringtheyearwereasfollows:|||||
|Wagesand salaries||**10,895,717**||10,431,301|
|Socialsecurity costs||**999,761 **||945,979|
|Otherpensioncosts(seenote22)|||||
|DefinedBenefitSchemes|**1,313,227 **||921,635||
|DefinedContributionSchemes|**139,729 **||132,566||
|Lifeassurance|**7,133 **||2,360||
|||**1,460,089 **||1,056,561|
|||**13,355,567**||12,433,841|
|Contractcateringstaffcosts||**632,644 **||750,762|
|Supplyteacher costs-NHMAT||||377|
|Otherstaffrelatedcosts||**42,305**||42,462|
|||**14,030,516 **||13,227,442|
|Theaveragenumberofemployees,excluding|contractcatering|staff,analysedbyfunctionduringtheperiodwas as|||
|follows:|||||
||Total||Total||
||**2020 **|Total|**2019 **|Total|
||Fulltime|**2020 **|Fulltime|**2019 **|
||Equivalent|**Actual **|Equivalent|**Actual **|
|Group|number|number|number|number|
|**e**<br>**a**|4**0o **|**4**|407|2no|
|tanttt|||||
|Welfare|**27**|**36**|30|49|
|Premises|**47 **|**56**|45|54|
|Schooladministration|**43 **|**60**|**44**|56|
||**305 **|**446 **|306|462|



||**Total **|Total|
|---|---|---|
||**2020 **|2019|
||**Number **|Number|
|£60,000-£70,000|**3**|2|
|£70,001-£80,000|**2**|2|
|£80,001-£90,000|**1**|1|
|£90,001-£100,000|1||
|£100,001-£110,000||1|
|£230,001-£240,000||1|
|£250,001-£260,000°|1||





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## 

|||Grounds||||
|---|---|---|---|---|---|
|||improvements|Fixtures,|||
||Freehold|&buildings|furniture|||
||landand|under|and|Motor||
||buildings|construction|equipment|vehicles|**Total **|
|**GROUP **|£|£|£|£|£|
|**Cost or vaiuation **||||||
|At1August2019|27,040,387|2,850,162|6,466,737|141,922|**36,499,208 **|
|Additions|744,851|1,261,143|810,942|34,700|**2,851,636 **|
|Disposals/other||||||
|derecognition||(599,904)|(563,575)|(50,562)|**(1,214,041) **|
|Reclassification|3,391,487|(3,391,487)||||
|**At 31 July 2020 **|**31,176,725 **|**119,914 **|**6,714,104 **|**126,060 **|**38,136,803 **|
|Cost|25,176,725|119,914|6,714,104|126,060|**32,136,803 **|
|Valuation(2005)|6,000,000||||**6,000,000 **|
||31,176,725|119,914|6,714,104|126,060|**38,136,803 **|
|**Depreciation and **||||||
|**Impairment **||||||
|At1August2019|6,829,353||5,464,202|120,889|**12,414,444**|
|Disposals/other||||||
|derecognition||(599,904)|(563,575)|(50,562)|**(1,214,041) **|
|Depreciation|1,155,644||490,139|16,453|**1,662,236 **|
|Impairment||599,904|||**599,904**|
|**At 31 July 2020 **|**7,984,997 **||**5,390,766 **|**86,780 **|**13,462,543 **|
|**Net book values **||||||
|**At 31July 2020 **|**23,191,728 **|**119,914 **|**1,323,338 **|**39,280 **|**24,674,260 **|
|At31July2019|20,211,034|2,850,162|1,002,535|21,033|24,084,764|





## 

|||Grounds||||
|---|---|---|---|---|---|
|||improvements|Fixtures,|||
||Freehold|&buildings|furniture|||
||landand|under|and|Motor||
||buildings|construction|equipment|vehicles|**Total **|
|**CHARITY **|£|£|£|£|£|
|**Cost or valuation **||||||
|At1August2019|25,722,666|2,850,162|6,365,465|141,922|**35,080,215 **|
|Additions|727,202|1,261,143|810,942|34,700|**2,833,987 **|
|Disposals/other||||||
|derecognition||(599,904)|(563,575)|(50,562)|**(1,214,041) **|
|Reclassification|3,391,487|(3,391,487)||||
|**At 31 July 2020 **|**29,841,355 **|**119,914 **|**6,612,832 **|**126,060 **|**36,700,161 **|
|Cost|23,841,355|119,914|6,612,832|126,060|**30,700,161 **|
|Valuation(2005)|6,000,000||||**6,000,000 **|
||29,841,355|119,914|6,612,832|126,060|**36,700,161 **|
|**Depreciation and **||||||
|**Impairment **||||||
|At1August2019|6,742,650||5,390,705|120,889|**12,254,244**|
|Disposals/other||||||
|derecognition||(599,904)|(563,575)|(50,562)|**(1,214,041) **|
|Depreciation|1,126,501||482,698|16,453|**1,625,652 **|
|Impairment||599,904|||**599,904 **|
|**At31 July 2020 **|**7,869,151 **||**5,309,828 **|**86,780 **|**13,265,759 **|
|**Net bookvalues **||||||
|**At 31 July 2020 **|**21,972,204 **|**119,914 **|**1,303,004 **|**39,280**|**23,434,402 **|
|At31July2019|18,980,016|2,850,162|974,760|21,033|22,825,971|



||**Total **|Total|
|---|---|---|
||**2020 **|2019|
|**Charity and Group **|£|£|
|Contractedbutnotprovidedfor:-|||
|Plantandmachinery||120,000|
|Groundimprovements|**582,217 **||
||**582,217 **|120,000|





## 

|**FIXEDASSET INVESTMENTS **||
|---|---|
||**Listed **|
||**investment **|
||£|
|**Group**||
|Marketvalueat1August 2019|**52,668 **|
|Netunrealisedinvestmentgains|1,089|
|Marketvalueat31July 2020|**53,757**|
|Historicalcostofinvestments at31July2020|47,577|



||Sharesin|||
|---|---|---|---|
||subsidiary|Listed||
||company|investments|Total|
|**Charity **|£|£|£|
|Market valueat1August2019|2|52,668|52,670|
|Netunrealisedinvestmentgains||1,089|1,089|
|Market valueat31July2020|2|53,757|53,759|
|Costofinvestmentsat31July2020|2|47,577|47,579|



## 

## 

|AuditedfinancialstatementswillbefiledwiththeRegistrarofCompanies.|||
|---|---|---|
||**Total **<br>**2020 **<br>£|Total<br>2019<br>(asrestated)<br>£|
|**Profit and loss account **|||
|Turnover|**357,821 **|401,835|
|Costofsales|**(276,495) **|(286,443)|
|Grossprofit|**81,326**|115,392|
|Administrative expenses|**(54,569) **|(64,451)|
|Netprofit(netincome)|**26,757 **|50,941|
|Rentand servicespaidto school|**(49,000) **|(50,501)|
|(Loss)/profitfor theyearbeforeGiftAid|**(22,243) **|440|
|AmountdonatedtoNewHallSchoolTrustviaGiftAid||(3,866)|
|Retained (ioss)for the financiaiyear|**(22,243) **|**(3,426) **|
|Theassets andliabilities ofNewHallSchoolEnterprisesLimitedwereas|||
|follows:|||
|Currentassets|**117,938 **|170,758|
|Currentliabilities|**(137,648) **|(168,225)|
|Totalnet(liabilities)/assets|**(19,710) **|2,533|
|Sharecapitalandreserves|**(19,710) **|2,533|





||**Total **|Total|
|---|---|---|
||**2020 **|2019|
||£|£|
|Total income|**565,450 **|720,436|
|Totalexpenditure|**(602,837) **|(604,064)|
|Net(expenditure)/incomefor the year|**(37,387) **|116,372|
|Actuarial lossondefinedbenefitpensionscheme|**(17,000) **|(30,000)|
|Netmovementinfunds|**(54,387) **|86,372|
|Theassets,liabilitiesandfundsofNHMATLimitedwere asfollows:|||
|Fixed assets|**1,239,858 **|1,258,793|
|Currentassets|**232,063 **|240,918|
|Currentliabilities|**(62,198) **|(75,600)|
|Definedbenefitpensionschemeliability|**(214,000) **|(174,000)|
|Totalnetassets|**1,195,723 **|1,250,111|
|Funds:|||
|Totalrestrictedfunds|**1,108,483 **|1,178,252|
|Unrestrictedincomefunds|**87,240 **|71,859|
|Totalfunds|**1,195,723 **|1,250,111|



## 

|**DEBTORS **|||||
|---|---|---|---|---|
||**Group **||**Charity **||
||**2020 **|2019|**2020 **|2019|
||£|£|£|£|
|Schoolfees andrelatedcharges|**299,599 **|618,362|**299,599 **|618,362|
|Amountduefromsubsidiarycompany|||**118,413 **|114,327|
|Sundrydebtors|**28,000**|61,407|**22,355 **|29,877|
|Prepaymentsand accruedincome|**692,299 **|1,086,208|**668,273 **|1,034,827|
||**1,019,898 **|1,765,977|**1,108,640 **|1,797,393|





||Group||Charity||
|---|---|---|---|---|
||**2020 **|2019|**2020 **|2019|
||£|£|£|£|
|Bankloans(note16)|**517,223 **|491,249|**517,223 **|491,249|
|Trade creditors|**345,987 **|1,074,721|**317,499 **|1,042,361|
|Taxationandsocialsecurity|**248,796 **|255,673|**239,417 **|240,246|
|Other creditorsand accruals|**1,818,204 **|1,733,011|**1,783,892 **|1,660,380|
|Financelease|**110,704 **||**110,704**||
|Tuitionfeesreceivedin advance|**820,439 **|673,202|**820,439 **|673,202|
|Returnablefee depositsfrompupils|**1,327,040 **|1,215,581|**1,327,040 **|1,215,581|
|Compositionfeesscheme(note17)|**1,173,996 **|1,291,339|**1,173,996 **|1,291,339|
||**6,362,389 **|6,734,776|**6,290,210 **|6,614,358|
|**CREDITORS amounts falling due after more than oneyear **|||||
||||**2020 **|2019|
|**Charity andgroup**|||£|£|
|Bankloans(seebelow)|||**2,187,254 **|2,708,91O|
|Financelease|||**138,965 **||
|Compositionfeesscheme(note17)|||**578,515 **|762,560|
||||**2,904,734 **|3,471,470|



## 

||||||**At **|At|
|---|---|---|---|---|---|---|
||||||31July|31July|
|CharityandGroup|Loan1|Loan2|Loan3|Loan 4|**2020 **|2019|
||£|£|£|£|£|£|
|After5years||167,124||226,293|**393,417 **|788,612|
|Within2to5years|183,333|278,215|41,091|766,518|**1,269,157 **|1,418,322|
|Within1to2years|156,972|90,809|28,709|248,190|**524,680 **|501,976|
||340,305|536,148|69,800|1,241,001|**2,187,254**|2,708,910|
|Within1year|155,176|89,669|28,357|244,021|**517,223 **|491,249|
||495,481|625,817|98,157|1,485,022|**2,704,477**|3,200,159|
|l**toroet roto **|||||||
|Baserateplus:|0.95%|0.95%|0.95%|1.35%|||
||September|December|February|November|||
|Loancommenced|2010|2010|2013|2013|||
||August|January|November|October|||
|Finalrepayment|2030|2033|2030|2033|||





## 

|||**2020 **|2019|
|---|---|---|---|
||**Charity andgroup **|£|£|
||At1August2019|**2,053,899 **|2,123,330|
||Newcontracts|**1,796,815 **|1,971,128|
||Feespaid|**(2,126,759) **|(2,074,058)|
||Discountallowed|**28,556 **|33,499|
||At31July 2020|**1,752,511 **|2,053,899|
||Assuming pupilswill remainintheSchoolthefeeswillbe appliedasfollows:|||
||After5years|**39,524 **|25,753|
||Within 2to 5years|**215,076 **|278,715|
||Within1to2years|**323,915 **|458,092|
|||**578,515 **|762,560|
||Withinone year|**1,173,996 **|1,291,339|
|||**1,752,511 **|2,053,899|
|**18 **|**PERMANENT ENDOWMENT FUND **|||
|||**2020 **|2019|
||**Charity andgroup **|£|£|
||At1August2019|**3,181,471 **|3,269,845|
||Movementinfundforthe year:|||
||Depreciationcharge|**(88,374) **|(88,374)|
||At31July2020|**3,093,097 **|3,181,471|



## 

||**2020 **|2019|
|---|---|---|
|**Group**|£|£|
|At1August2019|**16,264,263 **|14,222,787|
|Income|**23,334,606**|22,626,187|
|Expenditure|**(22,616,756) **|(20,584,711)|
|Gains,lossesandtransfers|**1,747,658 **||
|At31July2020|**18,729,771 **|16,264,263|
||**2020 **|2020|
|**Charity **|£|£|
|At1August2019|**16,261,733 **|14,216,830|
|Income|**23,176,276 **|22,372,754|
|Expenditure|**(22,445,439) **|(20,327,851)|
|Gains,lossesandtransfers|**1,756,913 **||
|At31July 2020|**18,749,483 **|16,261,733|





## 

||At|||Gains,|**At **|
|---|---|---|---|---|---|
||31July|||lossesand|31July|
|**Charity and group **|2019|Income|Expenditure|transfers|**2020 **|
||£|£|£|£|£|
|Building developmentfund|3,290,088|||(1,770,622)|**1,519,466 **|



## 

|**Charity **||||||||Gains,||
|---|---|---|---|---|---|---|---|---|---|
||||**At **|||||losses|**At **|
||||**31 July**|||||**and **|**31 July **|
||||**2019 **||**Income**|**Expenditure **||**transfers**|**2020 **|
||||£||£|£||£|£|
|**Scholarship funds **|||55,769||2,267|(2,260)||1,089|**56,865 **|
|**Other restricteddonations **|||||40,586|(40,586)||||
|...<br>..... ..<br>.<br>**rvew nan vonutaly **|.....<br>.<br> **ott Vt> **||_.,u0_I||0,uoI|#a#<br>a#o<br>(Io,Jr9)||1o,tuo|•1,oo|
|**New HallAssociation **|||66,876||452|(14,077)|||**53,251 **|
||||144,696||46,386|(73,866)||14,798|**132,014 **|
|||||-|||-|||
|**NHMAT funds **||||||||||
|**General Annual Grant (GAG) **|||23,066||421,049|(420,203)||(12,715)|**11,197 **|
|**StartUp Grants **|||60,252||-|-||-|**60,252 **|
|**Other DfE/ESFA Grants **|||7,011||46,833|(47,358)||-|**6,486 **|
|**Pupil Premium **|||3,130||22,680|(21,120)||-|**4,690 **|
|**Local authority grants **|||-||39,247|(39,247)||-<br>-|-|
|**Other restricted funds: **||||||||||
|**Pension reserve **|||(174,000)||<br>-|(23,000)||(17,000)|**(214,000) **|
|**Fixed assetstransferred **||**on **|1,042,802||-|(15,678)||-|**1,027,124 **|
|**conversion **||||||||||
|**Capital expenditure **|||215,991||4,934|(20,906)||12,715|**212,734 **|
|**Unrestrictedfunds**|||71,859||21,452|(15,325)||9,255|**87,241 **|
||||1,250,111||556,195|(602,837)||(7,745)|**1,195,724**|
||||1,394,807||602,581|(676,703)||7,053|**1,327,738 **|





## 

|||||**NHMAT **|**Permanent **||
|---|---|---|---|---|---|---|
||**General **|**Designated **|**Restricted **|**restricted **|**endowment **|**Total **|
|**Group **|**fund **|**fund **|**funds **|**funds **|**fund **|**funds **|
||£|£|£|£|£|£|
|**Fund balances at **|||||||
|**31 July2020 **|||||||
|**are represented by: **|||||||
|Tangiblefixedassets|20,341,305|||1,239,858|3,093,097|**24,674,260**|
|Fixed assetinvestments|||53,757|||**53,757 **|
|Netcurrentassets|1,293,200|1,519,466|78,257|169,866||**3,060,789 **|
|Creditors:amountsfallingdue|||||||
|aftermorethanoneyear|(2,904,734)|||||**(2,904,734) **|
|Pensionschemeliability||||(214,000)||**(214,000) **|
|**Total net assets **|**18,729,771 **|**1,519,466 **|**132,014 **|**1,195,724 **|**3,093,097 **|**24,670,072 **|





## 

|||||**Permanent **||
|---|---|---|---|---|---|
||**General **|**Designated **|**Restricted **|**endowment **||
|**Charity **|**fund **|**fund **|**funds **|**fund **|**Total funds **|
||£|£|£|£|£|
|**Fund balances at **||||||
|31July**2020 **||||||
|**are represented by: **||||||
|Tangible fixed assets|20,341,305|||3,093,097|**23,434,402 **|
|Fixed assetinvestments|2||53,757||**53,759 **|
|Netcurrentassets|1,312,910|1,519,466|78,257||**2,910,633 **|
|Creditors:amountsfalling due||||||
|aftermorethanoneyear|(2,904,734)||||**(2,904,734) **|
|**Total net assets **|**18,749,483 **|**1,519,466 **|**132,014 **|**3,093,097 **|**23,494,060**|



## 



## 

## 

## 

## 

||**At **|**31 August **|At|31August|
|---|---|---|---|---|
|||**2020 **||2019|
|Discountrateforschemeliabilities||**1.65% **||1.85%|
|Rate ofincreaseinsalaries||**3.20% **||3.70%|
|Rateofincreaseforpensionsin payment/inflation||**2.20% **||2.20%|
|Inflationassumption(CPI)||**2.20% **||2.20%|



||**At 31 August **|At31August|
|---|---|---|
||**2020 **|2019|
|_Retiring today _|||
|Males|**21.8 **|21.3|
|Females|**23.8 **|23.6|
|_Retiring in 20 years _|||
|Males|**23.2**|23.0|
|Females|**25.2 **|25.4|
|**Sensitivity analysis**|**2020 **|2019|
||£|£|
|Discountrate+0.1%|**302,000 **|327,000|
|Discountrate-0.1%|**321,000 **|343,000|
|Lifeexpectancy-<br>1yearincrease|**322,000 **|347,000|
|Lifeexpectancy-<br>1yeardecrease|**300,000 **|323,000|
|Salaryincrease+0.1%|**311,000 **|335,000|
|Salarydecrease-0.1%|**311,000 **|335,000|





||**Fair value at **|Fairvalueat|
|---|---|---|
||**31 August **|1September|
||**2020 **|2019|
||£|£|
|Equities|**60,000 **|101,000|
|Debtinstruments|**5,000 **|9,000|
|Property|**8,000 **|13,000|
|Gilts|**4,000 **|9,000|
|Cashand otherliquid assets|**3,000 **|5,000|
|Alternativeassets/othermanagedfunds|**17,000 **|24,000|
|**Total market value of assets **|**97,000**|161,000|



||**2020 **|2019|
|---|---|---|
||£|£|
|Currentservicecost|**(43,000) **|(45,000)|
|Interestincome|**3,000 **|4,000|
|Interest cost|**(6,000) **|(6,000)|
|**Total amount recognised in the Statement of financial activities **|**(46,000) **|(47,000)|
|angesinthepresentvalueofthe defined benefitobligationwere asfollows:|||
||**2020**|2019|
||£|£|
|**At 1 September **|**335,000 **|241,000|
|Currentservicecost|**43,000 **|41,000|
|Employeecontributions|**6,000 **|6,000|
|Interestcost|**6,000 **|6,000|
|Actuariallosses/(gains)|**(33,000) **|37,000|
|Estimatedbenefitspaidnetoftransfersin|**(46,000) **||
|Pastservicecosts||4,000|
|**At 31 August **|**311,000 **|335,000|
|angesinthefairvalueofthe academy'sshare ofschemeassetswere asfollows:|||
||**2020 **|2019|
||£|£|
|**At 1 September **|**161,000 **|120,000|
|Interestincome|**3,000 **|4,000|
|Actuarial(losses)/gains|**(50,000) **|7,000|
|Employer contributions|**23,000 **|24,000|
|Employee contributions|**6,000 **|6,000|
|Estimated benefitspaid plusunfundednetoftransfersin|**(46,000) **||
|**At 31 August **|**97,000 **|161,000|





## 

## 

|**2020 **|2019|
|---|---|
|£|£|
|**53,757 **|52,668|



## 

|||**2020 **||2019|
|---|---|---|---|---|
||**Land and **||Landand||
|**Charity andgroup **|**buildings **|**Equipment **|buildings|Equipment|
||£|£|£|£|
|Operatingleasespaymentsinthe|||||
|followingperiods:|||||
|Withinone year|**11,300 **|**57,976 **|10,300|60,332|
|Withintwotofiveyears|**49,200 **|**115,861 **|48,200|101,411|
|Aftermorethanfive years|**228,150 **||240,450||
||**288,650 **|**173,837 **|298,950|161,743|
|Expenditureforthe yearincludes|||||
|operatingleaserentals:|**10,300 **|**79,261 **|9,300|74,000|



## 

## 



## 

||||Multi||||
|---|---|---|---|---|---|---|
||||Academy|<br>Permanent|||
||Unrestricted|Restricted|Restricted|<br>Endowment||**Total **|
||Funds|Funds|Fund|<br>Fund||**2019 **|
||£|£|£||£|£|
|**Income and endowments from: **|||||||
|**Charitable activities **|||||||
|Schoolfees and other charges|22,168,732|||||**22,168,732 **|
|Fundingforeducationalpurposes|||489,126|||**489,126 **|
|Other|23,750|13||||**23,763 **|
|**Other trading activities **|409,122|4,482|26,727|||**440,331 **|
|**Investments **|44,967|2,700|526|||**48,193 **|
|**Donations**|1,109,616|34,214|204,057|||**1,347,887**|
|Total income|23,756,187|41,409|720,436|||**24,518,032**|
|**Expenditure **on:|||||||
|**Charitable activities **|||||||
|Provisionofeducation|20,308,984|59,532|596,651|88,374||**21,053,541 **|
|**Raising funds **|||||||
|Raising donations||1,028|7,413|||**8,441 **|
|Trading:costofgoodssoldand|||||||
|othercosts|275,727|||||**275,727 **|
|**Total expenditure **|20,584,711|60,560|604,064|88,374||**21,337,709 **|
|Netlossesoninvestments||979||||**979 **|
|**Net income/(expenditure) **|3,171,476|(18,172)|116,372|(88,374)||**3,181,302 **|
|Actuariallosseson definedbenefit|||||||
|pensionscheme|||(30,000)|||**(30,000) **|
|**Net movement in funds **|3,171,476|(18,172)|86,372|<br>(88,374)||**3,151,302 **|
|Balancesbroughtforward|||||||
|at1August2018|16,382,875|162,868|1,163,739|<br>3,269,845||**20,979,327 **|
|**Balances carried forward **|||||||
|**at 31 July 2019 **|19,554,351|144,696|1,250,111|3,181,471||**24,130,629 **|
|**COMPARATIVE FUND NOTES **|||||||
|**General Fund **|||||||
|||||**2019 **||2018|
|**Group **||||£||£|
|At1August2018||||**14,222,787**||12,278,343|
|Income||||**22,626,187 **||21,334,232|
|Expenditure||||**(20,564,711) **||**(19,369,766) **|
|At31July2019||||**16,264,263 **||14,222,787|
|||||**2019 **||2018|
|**Charity **||||£||£|
|At1August 2018||||**14,216,830 **||12,271,849|
|Income||||**22,372,754 **||21,153,571|
|Expenditure||||**(20,327,851) **||(19,208,590)|
|At31July2019||||**16,261,733 **||14,216,830|





## 

## 

## 

||At|||Grains,|**At **|
|---|---|---|---|---|---|
||31July|||lossesand|**31 July**|
|**Charityand group**|2018|Income|Expenditure|transfers|**2019 **|
||£|£|£|£|£|
|Buildingdevelopment fund|2,160,088|1,130,000|||**3,290,088 **|
|**Restricted Funds **||||||
||At|||Grains,|**At **|
||31July|||losses and|**31 July**|
|**Charity **|2018|Income|Expenditure|transfers|**2019 **|
||£|£|£|£|£|
|Scholarshipfunds|54,789|**24,426 **|(24,425)|979|**55,769 **|
|NewHallVoluntary services|31,070|16,447|(25,466)||**22,051 **|
|NewHallAssociation|77,009|536|(10,669)||**66,876**|
||162,868|41,409|(60,560)|979|**144,696 **|
|**NHMAT funds**||||||
|GeneralAnnualGrant(GAG)|74,320|401,456|(450,996)|(1,714)|**23,066 **|
|StartUpGrants|60,252||||**60,252 **|
|OtherDfE/ESFAGrants|9,818|34,063|(36,870)||**7,011 **|
|PupilPremium|3,080|18,605|(18,555)||**3,130 **|
|Localauthoritygrants||35,002|(35,002)|||
|Otherrestrictedfunds||||||
|Pensionreserve|(121,000)||(23,000)|(30,000)|**(174,000) **|
|Fixedassetstransferredonconversion|1,058,480||(15,678)||**1,042,802 **|
|Capitalexpenditure|38,776|186,192|(10,691)|1,714|**215,991 **|
|Unrestrictedfunds|40,013|45,118|(13,272)||**71,859**|
||1,163,739|720,436|(604,064)|(30,000)|**1,250,111 **|
|**Total Charity and group **|1,326,607|761,845|(664,624)|(29,021)|**1,394,807 **|





|||||**NHMAT **|Permanent||
|---|---|---|---|---|---|---|
||General|Designated|Restricted|restricted|endowment|Total|
|Group|fund|fund|funds|funds|fund|funds|
||£|£|£|£|£|£|
|Fundbalancesat|||||||
|31July2019|||||||
|are representedby:|||||||
|Tangible fixed assets|19,644,500|||1,258,793|3,181,471|24,084,764|
|Fixed assetinvestments|||52,668|||52,668|
|Netcurrentassets|91,233|3,290,088|92,028|165,318||3,638,667|
|Creditors:amountsfallingdue|||||||
|aftermorethanoneyear|(3,471,470)|||||(3,471,470)|
|Pensionschemeliability||||(174,000)||(174,000)|
|Totalnetassets|16,264,263|3,290,088|144,696|1,250,111|3,181,471|24,130,629|
|||||Permanent|||
||General|Designated|Restricted|endowment|||
|Charity|fund|fund|funds|fund|Totalfunds||
||£|£|£|£|£||
|Fundbalancesat|||||||
|31July2019|||||||
|arerepresentedby:|||||||
|Tangiblefixedassets|19,644,500|||3,181,471|22,825,971||
|Fixedassetinvestments|||52,670||52,670||
|Net currentassets|88,703|3,290,088|92,026||3,470,817||
|Creditors:amountsfallingdue|||||||
|aftermorethanoneyear|(3,471,470)||||(3,471,470)||
|Total netassets|16,261,733|3,290,088|**144,696 **|**3,181,471 **|22,877,988||