2020-08-31-accounts

	Page
Trustees'report	1-7
Statementoftrustees'responsibilities	8
Independentauditor'sreport	9-11
Statementoffinancialactivities	12
Balancesheet	13
Statementofcashflows	14
Notestothefinancialstatements	15-28

MrCJCleugh	(Resigned24October 2019)	(Resigned24October 2019)
MrHBHitchen	(Resigned21October 2020)
ProfCGMills
MrMJFMansour
FatherMSFitzsimons	(Appointed	4March2020)
MrsPOld	(Appointed	8February2021)
MrDMccaughrean	(Appointed	8February2021)
MrsLMartindale	(Appointed	8February2021)
MrJWright	(Appointed	8February2021)
MrASymons	(Appointed	8February2021)
MrsHPThompson	(Appointed	8February2021)
MrCPiatt	(Appointed	8February2021)
MrMJMcKenna	(Appointed	8February2021)
MrsSTsao	(Appointed	22February2021)
MrsSMWard	(Appointed	8February2021)
MrCWright	(Appointed	8February2021)
MrADuncan	(Appointed	8February2021)

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2020	2020	2020	2019	2019	2019
	Notes	£	£	£	£	£	£
Incomeandendowmentsfrom:
Donationsandlegacies	3	5,335	-	5,335	28,940	-	28,940
Charitableactivities	4	5,514,820	309,224	5,824,044	5,655,842	399,829	6,055,671
Investments	5	16,754	-	16,754	24,545	-	24,545
Otherincome	6	210,982	-	210,982	-	-	-
Totalincome		5,747,891	309,224	6,057,115	5,709,327	399,829	6,109,156
Exoenditureon:
Charitableactivities	7	5,790,436	309,224	6,099,660	5,498,470	399,829	5,898,299
Net gains/(losses)on
investments	11	(47,886)	-	(47,886)	(5,887)	-	(5,887)
Netmovementinfunds		(90,431)	-	(90,431)	204,970	-	204,970
Fundbalancesat1
September2019		3,411,927	-	3,411,927	3,206,957	-	3,206,957
Fundbalancesat31
August2020		3,321,496	-	3,321,496	3,411,927	-	3,411,927

		2020	2019
	Notes
Fixedassets
Tangibleassets	12	2,534,155	2,694,754
Investments	13	1,162,372	1,196,117
		3,696,527	3,890,871
Currentassets
Stocks	15	21,093	28,113
Debtors	16	308,892	200,000
Cashatbankandinhand		765,580	687,371
		1,095,565	915,484
Creditors:amountsfallingduewithin
oneyear	18	(852,300)	(822,020)
Netcurrentassets		243,265	93,464
Totalassetslesscurrentliabilities		3,939,792	3,984,335
Creditors:amountsfallingdueafter
morethanoneyear	19	(618,296)	(572,408)
Netassets		3,321,496	3,411,927
Incomefunds
Unrestrictedfunds
Designatedfunds	21	2,673,575	2,829,729
Generalunrestrictedfunds		647,921	582,198
		3,321,496	3,411,927
		3,321,496	3,411,927

		2020		2019
	Notes
Cashflowsfromoperatingactivities
Cashgeneratedfromoperations	25		148,240		455,838
Investingactivities
Purchaseoftangiblefixedassets		(68,199)		(330,390)
Purchaseofinvestments		(217,122)		(209,440)
Proceedsondisposalofinvestments		202,981		187,581
Investmentincomereceived		16,754		24,545
Netcashusedininvestingactivities			(65,586)		(327,704)
Financingactivities
Paymentofobligationsunderfinance
leases		(4,445)		50,354
Netcash(usedin)/generatedfrom
financingactivities			(4,445)		50,354
Netincreaseincashandcashequivalents			78,209		178,488
Cashandcashequivalentsatbeginningofyear			687,371		508,883
Cashandcashequivalentsatendofyear			765,580		687,371

Freeholdlandandbuildings	2%straightline
Leaseholdlandandbuildings	2%straightline
Leaseholdimprovements	2%-10%straightline
Fixturesandfittings	10%-20%straightline
Motorvehicles	20%straightline

	Unrestricted	Unrestricted
	funds	funds
	2020	2019
	£	£
Donationsandgifts	5,335	28,940
Donationsandgifts
CAF	1,851	2,015
Investec	-	1,000
ParentsAssociationandindividuals	3,484	25,925
	5,335	28,940

	2020	2019
	£	£
Schoolfees	6,850,627	6,885,733
Scholarshipsandbursaries	(1,413,391)	(1,460,246)
Feediscounts	(259,325)	(258,966)
Otherincome	646,133	889,150
	5,824,044	6,055,671
Analysisbyfund
Unrestrictedfunds	5,514,820	5,655,842
Restrictedfunds	309,224	399,829
	5,824,044	6,055,671

	Unrestricted	Unrestricted
	funds	funds
	2020	2019
	£	£
Incomefromlistedinvestments	16,754	24,545
Otherincome
	Unrestricted	Total
	funds
	2020	2019
	£	£
Coronavirus JobRetentionSchemeGrants	208,982
OtherCoronavirusSupportGrants	2,000
	210,982

	2020	2019
	£	£
Staffcosts	3,355,864	3,000,651
Depreciationandimpairment	228,798	185,071
Othercosts	1,513,399	1,706,849
	5,098,061	4,892,571
Shareofsupportcosts(seenote8)	992,599	996,728
Shareofgovernancecosts(seenote8)	9,000	9,000
	6,099,660	5,898,299
Analysisbyfund
Unrestrictedfunds	5,790,436	5,498,470
Restrictedfunds	309,224	399,829
	6,099,660	5,898,299

Supportcosts
	Support	Governance	2020	Support	Governance	2019
	costs	costs		costs	costs
	£	£	£	£	£	£
Staffcosts	992,599	-	992,599	996,728	-	996,728
Auditfees	-	9,000	9,000	-	9,000	9,000
	992,599	9,000	1,001,599	996,728	9,000	1,005,728
Analysedbetween
Charitableactivities	992,599	9,000	1,001,599	996,728	9,000	1,005,728

	2020	2019
	Number	Number
Teaching	102	97
Other	52	52
Total	154	149
Employmentcosts	2020	2019
	£	£
Wagesandsalaries	3,564,071	3,394,842
Socialsecuritycosts	279,186	260,829
Otherpensioncosts	505,206	341,708
	4,348,463	3,997,379

Thenumberofemployeeswhoseannualremunerationwas£60,000or
morewere:
	2020	2019
	Number	Number
Salary£80,001to£90,000	1	1
Salary£60,001to£70,000	2	-

	Unrestricted	Unrestricted
	funds	funds
	2020	2019
	£	£
Revaluationofinvestments	(16,379)	(62,239)
Gain/(loss)onsaleofinvestments	(31,507)	56,352
	(47,886)	(5,887)

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	Listed	Cashin	Total
	investments	portfolio
	£
Costorvaluation
At1September2019	1,155,798	40,319	1,196,117
Additions	217,122		217,122
Valuationchanges	(16,379)		(16,379)
Cashmovement		(28,266)	(28,266)
Disposals	(206,222)		(206,222)
At31August 2020	1,150,319	12,053	1,162,372
Carryingamount
At31August2020	1,150,319	12,053	1,162,372
At31August2019	1,155,798	40,319	1,196,117

14	Financialinstruments	2020	2019
		£	£
	Carryingamountoffinancialassets
	Instrumentsmeasured atfairvaluethroughprofit orloss	1,150,319	1,155,798
15	Stocks
		2020	2019
		£	£
	Finishedgoodsandgoodsforresale	21,093	28,113
16	Debtors
		2020	2019
	Amountsfallingduewithinoneyear:	£	£
	Tradedebtors	195,073	72,457
	Otherdebtors	113,819	127,543
		308,892	200,000

	Futureminimumleasepaymentsdueunder finance leases:
			2020	2019
			£
	Withinoneyear		978	46,099
	Withintwoandfiveyears		191,472	187,299
	Inoverfiveyears		328,130	291,627
			520,580	525,025
18	Creditors:amountsfallingduewithinoneyear
			2020	2019
		Notes	£	£
	Obligationsunderfinanceleases	17	978	46,099
	Othertaxationandsocialsecurity		135,832	115,725
	Tradecreditors		91,717	156,047
	Accrualsanddeferredincome		623,773	504,149
			852,300	822,020
19	Creditors:amountsfallingdueaftermorethan oneyear
			2020	2019
		Notes	£	£
	Obligationsunderfinanceleases	17	519,602	478,926
	Othercreditors		98,694	93,482
			618,296	572,408

	Movement	infunds			Movementinfunds	Movementinfunds
	Incoming	Resources		Balanceat	Incoming	Resources	Balanceat
	resources	expended	1	September	resources	expended	31August
				2019			2020
					£	£	£
Collegeexcursions	399,829	(399,829)			309,224	(309,224)

	Balanceat	Transfers	Balanceat	Transfers	Balanceat
	1September		1September		31August
	2018		2019		2020
	£	£	£	£	£
FixedAssets	2,074,764	94,965	2,169,729	(156,154)	2,013,575
Contingency	660,000	-	660,000	-	660,000
	2,734,764	94,965	2,829,729	(156,154)	2,673,575

		2020	2019
		£	£
	Withinoneyear	12,600	12,600
	Betweentwoandfiveyears	8,400	21,800
		21,000	34,400
23	Capitalcommitments	2020	2019
		£	£
	At31August2020thecharityhadcapitalcommitmentsasfollows:
	Contractedforbutnotprovidedinthefinancialstatements:
	Acquisitionofproperty,plantandequipment	14,374	30,658

	2020
	£
Aggregate compensation	288,640	286,737

25	Cashgeneratedfromoperations		2020	2019
			£	£
	(Deficit)/surpusfortheyear		(90,431)	204,970
	Adjustments for:
	Investmentincomerecognisedinstatementoffinancial	activities	(16,754)	(24,545)
	Loss/(gain)ondisposalofinvestments		31,507	(56,352)
	Fairvaluegainsandlossesoninvestments		16,379	62,239
	Depreciationandimpairmentoftangiblefixedassets		228,798	185,071
	Movementsinworkingcapital:
	Decrease/(increase)instocks		7,020	(6,630)
	(lncrease)/decreaseindebtors		(108,892)	1,265
	Increaseincreditors		80,613	89,820
	Cashgeneratedfromoperations		148,240	455,838
26	Analysisofchangesinnetfunds
		At1 September	Cashflows	At31August
		2019		2020
	Cashatbankandinhand	687,371	78,209	765,580
	Obligationsunder financeleases	(525,025)	4,445	(520,580)
		162,346	82,654	245,000