2020-08-31-accounts

THE CHILDREN'S HQU5E 5CHCIOL IA Charltable coMp￿Y Limii•dby fxw¥nt••l AND FINANaALSTAIEMENTS YEAR ENDED 31AufJUST 2020 Company Re8iStered No. 5443050 Charity Rewstered No. 1113285

THE CHILDREN'S HOUSE SCHOOL TRUSTEES, ANNUAL REPORT YEAR ENDED 31rt AUGUST 2020 The Trustees preseTrl thelr annual reportfor the year ended 3151 August 2020 under the Companies Act 2￿6 and Charities Act 2011.to8ether wth the audited financlal sthte￿￿nts for the year. REFERENCE & AW11415TRATIVE INFoR￿TroN Resi5tored OffK• ind PrkKlpa Addre55 77, ElnwJre Stree( London. Nl 3AQ. Tru5tee$ The Trustee5 Of the Charlty. vtho are also the ￿lettOrS0ftht Coryarry. seryeddurirlg the year and subsequendy are: Dawn Brindle Danielle Dufev Ruth Kermlsch Jane Ma¢lean Farida El Gamrnal Enwna King5tone Thoma5 Levine Brody Bibby Marlna Wyatt AndrewTa88art Chali Appoirtrted 5 March 2020 Appointed 5 March 2020 Appointed 8 September 2020 Resigned S March 2020 Resigned S March 2020 Company Se(retary. Mlchelle LeSter-S￿ndelI Managernerrt Personnel: Head Teacher Whole School Assistsnt Head Upper School Asslstant Head Llpper School Actln8 Assi￿ant Head Upper khool Head Teacher of thjrserv School AS￿Sta￿l Flead Nursery Schaol School Administrator Kate Orange Taiba Flussain Matthew Miller Julia Soper Appointed l January 2021 Reggned 31 Au8USt 2020 I September 2020-31 December 2020 5allrna Keshaviee Mihaela Za Sue Garcin Pr¢)leMlonal Advfsors Bankers Solicitors Auditor Barclays B￿k Hc Veale Wast#)rough IAzards Haysmdintyre LLP 114 Fen¢hur¢hStreeL London EC3 3HY Narrow Quay House, Narrow Quay. Bristol. 8514QA 10 Queen Street Place. London EC4R 18E Webslte wAt.chil nsh hool£o.uk R¢8ts¢ered Compariy Numb•r 5443050 Re£15ter¢d Char*y Number 1113285

THE CHILDREN'S HOUSE SCHOOL TRUSTEES'ANNUAL REPORT(contlnued) YEAR ENDED 31st AUGUST 2020 STRUCTURE. GOVERNA14CE APID MANAGEMENT Conrtltutkn The Children's House School 15 a company limited by8uar)tee and a ie8istered charity- Govèrnlng Document The CLxnpany is governed byits Merr4Jrarsdum and AftKlesof AssocIa￿on. ftledat Comparties Htxjse on 4th May 2005. fjov¢rnln8 Body The Directorsof the Company. krt0￿ Collective￿a5 the Council of ManagemeTrL in accordanCe¥￿th trs 8overnin8 do¢umenL are elther nomlnated by Members or proposed byre501ution ofthe Council of ManagemenL A Dlrettor's appolntrnt Is ratifiÈd bya malority of Member5 at the Annual General Meetin& The Dtrectors. term of office is three years. after vA)i¢h they are ell8ible for re-election. Trustee Recrultment and Tr4nl The Council of Man88emertt aim to recruit Trustees who have the varied skills necessary to fulfil their lutses as Trustee5 of the school. New trustees are tsken on a tour of the school. receive a brieflng on how the sthool is run and are given 3 handbook contsininE copie5 of the school's policies. Trustees are encoura8ed to attend appropriate training courses or seminars and are circulated with relevarntpublications. The ￿h0o1 become è ￿rlltser of the A550Ciation Governing Bodies of Indepet)deTht Schools during the year. All Trustees are requiredto obtsin clearan¢efrom the Dis¢losure aTrd 8arring Serwce. cov1￿19 The school was forcedto close to puplls from the end of March 2020thr¢W to the end olthe first half ofthe Sumrner term 2020as part of the national lockdown. The quality of onyinE education for our pupils and the health. ￿fety and wellbeing of our @n￿re school eornrnunity was our main Pfiority. Our education proviswjn continued tr> all pupi15 duTirigthe first half of the Summer term 2020 U￿ne online resources. During the closureteachin8 assi#ants placed on furlough. The School physl¢ally reopenedto pupi15 and staff for the second half of the SumTh￿r terrn in line ¥￿th govern￿fit guidance. The School adheredto 8overn￿￿ntgU¥dan£e regardin8 returningto In-persontea¢hin& social distancing in schoo15 (Trubbles") and cleaning re8lrne5. In recognition of the swtch to rerrKJte provision and the addibonal challe￿e$and demands on ourfamllles the Councll of Mana8ement approved one-off adjustments the surn￿r term 2020fees of behen 30-71%of our stsndard fees. Thls requlred management of our non4tsff related costs and deferralof nonssential expenditure. Our overridtnB aim was to do our best bv the whole school comftmjnlty and to strike a balance betr￿eTh c05t reduction. educational and opÈrational continuity and financlal prudence. soft￿ fan￿lIeS chose to leave The Children's House unexpectedlyar the endof the Summer term 2020,cifjng relocatlon out of London or overseas. however pupll numbers in Autumn 2020¥re better than expected. The 5¢ho01 continuesto adhereto yeargroup bubbles and to follow a strKt ¢leanine rewn, ￿lIst ensurlng sufficlent stsff to cover periods of 5￿ff self-lsolatlon. The ￿h0O1 ￿11 remain relylo revertto remte prow%on in the case of lThsufficlent teaching staff due to self-isolation. year8roup seW4501ation ￿ national or h)cal lockdown5 forany periodof time las Isthe case at the date of this report). Orr4nlsatlon4 Manaymtnt The Council of Management meets formally at least once a terrn and mre often. ￿ere necessary. to determine the 8Èneral pollcy of the school after discu5￿On wth the Head teacher. the Head of Nursery. and the Administrator and. s¥here appioprlate, wlth the Parent CommittÈe. The Council of Nlana6effnt con¥ened *ekty by telephone conferente during the pertod of Iotkdown and throughout the Sumrrnr term 2020. The schoo15s Tun ona day-to-day ba￿S bythe Head Texher. Head olNurseryand Administyètor vkno are responsibleto the Countil of Managerrnt. TeChn￿cal educational matters are delegated to the Head teacher. The Parent Comrnlttee. those ￿￿Mbe[shIP Is dra¥m from the body of currentparents at the School, usually meets termty and Is consulted on many aspects of the runnln8 of the khool. The PareTht Commitlee In an advisory capacity only.

THE CHILDREN'S HOUSE SCHOOL TRUSTEES, ANNUAL REPORT (contlnued) YEAR ENDED 31st AUGUST 21YIO Ul￿rnate ve5ponsibility for the running of the School lie5 with the Council of m￿agement. All Membersof the Parentcommlttee are requiredto obtsin clearancefvom the Disclosure and Barring Serwce. Rrnuneratlon The Council of Management sets the renxjnerabon of key m3na8ement personnelas p¥t of the annual budgetary process In June of each ye2r. The level of remtsneTation is set%ith roferencew changes In roles. perfoTmance, levelof exPer￿nCe andwlth regard to rates of pay hin the se¢tor. PrSn<lpal Ilsks •d Un¢rt41nt1•5 The Councll of M8n4ement re8ard5 the issue of risk mana8effnt as a pr￿rIty. The key r15ks for the school Include= Reduced revenue frorn school fee5 due to reduction in the number of pupi15 attendin8 the school from both reduced demand for Independenteducation due trt COWO and in¢rea5ed cornpetition from other schoots, Economic downbjrn, includin8 affordabllity of school fees 6ud8et deficitforecast due to Its￿r pupil numbers Increased rates of pay in the publi¢ sector. Decrease in charitable8ivin8 due to restrirtlons on stxial gatherin85 demnstrating inadequate public benefiias a Charty, De¢linin8 parentsl invobvement In runnin8soci¥ •n¢J charitsb￿ eNEnt The Council of Management regularty assesse5 the risks to knthich the charity Is exposed. agree5 how best those rlsks may be miti8Zted and takes the appropriate ￿tiOn to rnanage them. Special responsibility for particular areas of rlsk. such as chlld protection and health and safety are 311ocated to Council of Managernent mernber5 3re given appropriate tralnln&. Routine health and safety and risk asseSs￿nts are regularly undertaken bylhe Khoofs stsff. In addition. the Children's House Uses an extÈrnal risk assessor to undertake a thorough risk assessment ol both its sites: the most recent Èxteinal risk assessment was carrled out in June 2019,an Internal r15k awssment was last perforrr*d in October 2020.

THE CHILDREN'S HOUSESCHOOL TRUSTEES, ANNUAL REPORT Icontlnwdj YEAR ENDED 31st AUGUST 2020 OBJECTS, PUBLICBENÉFIT AIMS. OBJEcnvES AND PlllNCIPALAcTrvmES Obh¢rl¥s and AtthAtles The oblect of the company tsthe advancement of childrena8ed 16 or uTrderbythe oper31ion of schoo￿. edueiortal centres and educational fac115tles. In orderto advance this oble£i, the 5ch(K>l aim5 to provide safe and satis1￿n( educational and play facilities and to encourage the partI¢1P#l￿n of parents in actiwtses which promte thelr children's education. In furthering this Objec¢ the Council of Management, 35 ch3rity trustees. have cornplied with the dury In s.17151 of the Charittes Act2011 hèvlng due regard to the Charity Commlssion's published 8uldance ¢Ohcernin8the operation of the Publi¢ Benefit requlTement unt1trthat Act. Prlndpal Artl¥ttles 1•¢om• S￿r￿s The princlpal activity of the company for the period under revlew was running the Children's House 5ch¢)ol on it5 ts¥o sites In Islington. It providesnur5eryeducation forihildrenfromthe a8eof 2% 10 4at its EI￿re Streetbulldingand edutation for children from the age of 4+to 7 at the Upper School in King men￿5 Walk. Durln8 the peTiod. the Scho￿ had an average of 12712019-.1231 pupi150rr055 both sites and Is broadly operatin8at full capaclty. The school's prlnclpal source of in¢orre 15 from school fees. Other50urces ol income are as follow5: Annual auction ralsed £7.60512019.. £10.199lforthe schod, after deducuon of donaik)ns to other charl￿e$. Funding from Islington Council to support pupils with speclal educatlonal needs£l,70912019'. £NILI COVID-19 Government8rants £66.85912019.. £NILI. Gratt Maklnr. I￿rIllIeS and asslstano w￿h fee5 At anygiven time a numberofchildren are supportedthTough the school with ￿an5 tested bursaries, assessedby an independent agency. whlch, In most case5, are v￿rth 100% ol the fee5. These are pupils for whom it is judged that the 5rnall class sizes and part5cular envlronment that the Chlldren's House provides will enèble them io flourish better than in an ?Iternative setting but whose parents would be unable to ftet the cost of the fees. lrt the year ended 315t Au8USt 2020 2 pupils received bursaries repre5entinB IOO%lees atthe nursery.the cost of vthich amounted to £11.869representing l%12019.. £24.286 rÈpresentin82%1 of gr0$5 fee income. The Khool is lookin8 to continue w provide this benefft to furrher pupils. In addition. a hardship fund is available to farnilie5 within the school should they become unable to meet the fees. In the year ended 31$1Au8U5t 2020 1 family accessetl the hardship fund to fynd 55% of fee5 for the lull academic year amuntln8 to £7,652 12019.. £NILI. Comrnufi￿ Ilnks The Llpper School and our neorest neighbour. Si Jude's and St Paul'5 Prlmary Scho￿. conbnued to Drk together In a number of areas. Wt shared HaNest Fesbval celebrations Including the collection ol food donatrons for the Hackney Food 8ank. The FOUnda￿On Stsge ¢luster8roup. Includlngie•chersfrom a range of10¢o1 schools meets regularly. The Chlldren's Ilouse has Ilnks the adjacent Church. Stjude and St PauV& The childrenvlsft the thurch a5 one 0fM￿h¥ ￿SlE$ to plKes ofworshlp. Th e Mcar sorrtiTrs leads an assembly for Ouf childrtn.The Year 2 chlldren are inwted to the Neasden femple everyyear and gurus from the temple are invited to ￿SIt the F￿r5ery buildin8 there thelr firsltem￿e was based. The Chlldren's House 15 respon￿ble for plots In the corrmjnlty 8arden In XinK Henrfs Walk vthlch wos tTeated wlth the support of I￿l￿gEON Council. The school's inwlvennt in ga¥den results In a rhurnber of beneffts both w ltsovm pupi15 and to the wder communlty. The garden. vthkh ts • valU￿t corrmjnlty resource•nd i5frequenttyopen to the public a5 11 as beln8 used by many other group4 prO￿des¥￿ ex¢ellentteaching resourtefor Chiklren'5 House pupils who vlsit It re8ularly to tend thelr plot. Ihe nurserychlldren re8ul¥ly vlslt the Alnwah Communlty Centregarden. The 5¢hool's payrrnt for thls yJpports tht Aln)rah Comn¥Jnlty Centre and the School provtdes fin•n¢lal a$45tance the garden's upkeep as and then nectssary. Msits to the Almorah CommLFftity Centre*re paused durirt8 the co￿D-19 pandeTr￿¢ due the rentre belng closed. The Chlldrenhelp at ihe pensioners. tea party artd it the Communlty Garden wnter fair. E¥eryauwThffl the fhlldrenènd Brltlsh Food Week ￿1th a mrnl larmer< mèrket In the ot their cooking raise5 money for the drop-iTh-tentre for the homeless at St Stephen'5 lslin8ion. At Chrlstrw the Year l and 2 chlldren the Mildmay care home to sln8 to the elder residents. We are now Ilnked in rfth the local anJ-iOlin# and Oeam Air45eh¢)ol& We arean ECO xhool,havin8 achieved 8ronze level. we are workin8 towards our le¥el. We have appolftted a texhtr as an ECO co-ordinator works children In the ECO comrrllttee.

THE CHILOREN'S HOUSE SCHOOL TRUSTEES, ANNUAL REPORT (contlnued) YEAR ENDED 31SI AUGUST 2020 Links with Hither EducatFon The Chlldren's House ￿ElCOmeS indi￿d￿31$ who ￿$h to underlake practical work In school a5 part of their teacher or chlldcare tralnlng. The s¢hool donate5 its resourcesfreelyw help in the training and supervi%on of these Stydents. Durin6 the year under revlewthree students had placements at the P4[rSeryS¢ho￿. prans for the Futuré The Trustees alm to malntsin the eth05 of Ihe Children's House and trj retsin the valued involvement of the s¢hool'5 parents. In common wlth all other independent schools. the Trustees are £onceTned to rem3iTh Vigilant to safeguard the Children's House through challen8lng economi¢ coThdftbns and cOn￿nuing compeiibon in the sector. By its veryexistence.The Children'5House extendsthechoi¢e of education available to resldents of Islin8ton. rt a150 ena blesthem to educate thelrchiklren within the community In thi¢h Ihey live wthout the carbon cost oftorrrfnutin8 to other boroughs thlch is a common practi¢efor151ington famS1ies seeking ￿h0O15 for theirchildren. In recentyear5 theschool has undertaken ￿ extensb¥esurbyolpresent and past parentsto help develop its plzns forthe f uture. The school ha5 already made changes to the se55ions available to Thurserypupils in re5pon5e to thi5 feedback. The School 15 commltted to extènd fts educational prOVi￿On foroWer¢hildrenup to includin8Year 6 overthe corning yea rs bv developing Its exlsiin8 premlses. The School's aim is to ¥&lcomÈ the first cohort of Year 3 children in September 2022, and to grow annually from 2022. In addition, the school plans to extend its turrent provision to open before and after sthool care for both Thursery and Uppei khool children in response io parental feedl>4ck. Thi5 wll only be able io operate ofite the challenges with cov1￿19 have lessened.

THE CHILDREN'S HOUSE SCHOOL TRUSTEES. ANNUAL REPORT Icontlnued) YEAR ENDED 31st AUGUST 2020 REVIEW OF ACHIEVEMEN1S AND PERFORMANCE FOR IHE VEAR Operatlon•l performan The following tsbles detsll the schools to thich leavtrs from both the Nursery School and the Upper School pro8ress. They demonstrate that the Chlldren's House ¢on¥nue5 to send children to a good range of its tradttional destination 5¢hools and is therebyfulfllliw Its alms and oblectivesihrough its maln Ktfvlty of the avarKement of chlldren through educ￿on and plav. Summary ofxhools attended by NurserySth)al lea¥ers 2020 2019 No. No. io 17 The Chlldren's House Upper School The Cavend15h School Channing School Charterhou5e Square Gatehouse School The Go￿T School The Hall HiRhgate School King Alfred School Our Lady & Stjoseph School Queen's College Preparotorykhool St Anthon¢5 khool St Chri#opher's School St Marrfs C of E School St Paul's Cathedral School Trevor Roberts School Westrninster Cathedral Cholr School William Tyndale Primary School Willow Primary School Moved overseaslout of area Unknown mm•ry of sthools attended ty Uppersthool le•¥ers The Aw￿rICan Sch¢Jol In London The Cavendish School City of London Girls Forest 5ch¢x)I Htghgate School Northbridge House Queen's Colle8e Preparatoryschool St AnthonVs School St Paul's Cathedral School South Hampstead School Moved overseas Staff The Trustees art. as everl grateful to all the staff at the Children's House for theii hard work and commitment to the contlnuing success ol the sehool.

THE CHILDREN'S HOUSE SCHOOL TRUSTEES, ANNUAL REPORT Icontlnwll YEAR ENDED 31SI AUGUST 2020 REVIEW OF ACHIEVEMENTS AND PERFOIIMANCE FOR THE YEAR l¢ffitinuedl Fundra151ni p•rf0rffl￿ The Trustees of The Children's House have alway5 considered thai the school should play a fvll and re5pon51ble part In Its local COwm￿nIty. Strivlng to pursue its charitable objects both wthin and beyond the tonfines of its pupil population. The rnalorlty of fundralsing is for the benefit of other charitsble or8anlsations. with thè exception ol 3 proportion of iThcome from the school auction agreed annually by the Pwentcommittee. There iscUrren￿Yno1onÈ-terrn fundraisin8 initiative. There were nocomplaints regardlngfvndra151rf a¢tivffje5 duringthe year. Auttlon and Raffle The Children's House Auction and Raffle ha5 been an annual event hekl at the school foi )¥er tyjenty-five years. The oblecU¥e15 to raise funds for the school artd other local charities. The Parent Committee is responsiblefor organising the orca5ion and deci annually. in consukatlon with the Head, on the proportionof proceedsto be8i¥en ￿ the school and selecttheother beneficiaries on the 8rounds that they ¢omplement Ihe oblects of the school. The November 2019 Auction and Raffle raised £6.167 for the Frlends of the Rosebowl youth project on the Marquess Estate 12019.. £13.4601 and £6,167 for Urban Hope a youth and cornmunity project in Islin8ton12019.. É3.3641.A furiher. separate ar￿)uNt £750wd5 raid on the Auction night for the lsllngton Boat Club12019.. EI,600 for Arnatikulu Commjnity School in f￿[baTr, South Africa). th•ell•s In the summer term the chlldren usually undertake their main fundraisin8 activity of the year. a sponsored event kno￿ as WhÈelies. Unfortunately this event was cancelled In 2020 due to COWD-1912019.. £1.161 raised for CPotenti311. oiher A number of other smaller bJndraisin8 acuvities occur throughout the year including the Harvest appeal for a ltstal thurth's homeless projectand the colletti¢n ol Chri5trna5 @fts for under privtleged children throughout Eastern Europe for Mustard Seed Rellef Mission's love In a box" scheme. We tske part in the London Children's Book Piolect thich chlldrendonate their ¢)Vm story books so that chiltlren without ary books can have one. The Summer Fair was unable to be held in 2020, no lunds were Ta￿ed forthe school orthe children's ¢hosen outrexh projecL From l September 2019to 31 August 2020the Chlldrert's H)use has 5UPPOrted the followin6 charities.. 2010 2019 Charltable Or8anlsatlons Friends ol the Rosebowl - Marquess E51th - Auction Urban Hope Auction St Stephen's Church, hoThEless project lslin8ton Boat Club- Auction Sport Relief Arnatikulu School- Auction CPotential - Wheelies Sumrrr Fair Outreach Coric Relief Highbury Baptist Church Afrkan Pennles 6.167 6,167 896 750 40 13,460 3.364 667 1.600 1.161 347 230 50 12 Total 14.020 10191 lTrwestm•ni p•rform•rKe In addition to a deposit accounL thè School hokls a nurnberof lon8-term depo&￿ The avera8e rate of retyrn wa5 0.4%12019.. 0.5%>.

THE CHILDREN'S HOUSE SCHOOL TRUSTEES, ANNUAL REPORT Icontlnued) YEAR ENDED 31st AUGUST 2020 FINANCIAL Reviwii AND AESULIS FORIHE YEAR Income for the year totslled £1,600.424 12019: £IA12.6DJI expendibjre aft￿￿n￿d ￿ £1.519,674 12019.. £1fv99,208L re5ultin8 in a surplu5 of £80,75012019: £103.3921. Fee incomefor the academic yeararr4)unted to £1,475.98012019.. É1.515.283lafterdeductln8the ¢ostof buisjries ènd assistan ce with fees of £27,70312019.. £24,2861.Other incoTh was receivedlrom a number of source> Imtorre received frorn forfeited fee deposits ènd fees received in lieu was £7.62112019.. E24.1801. Donations of £48312019.. £NILI %%tre received durin8 the year. Governrrent 8rants of£66.85912019.. £NILlre rece￿ed duringthe year inGluding Coronairu5Job Retenfjon Scheme of £56A59 and a Small Pu5ine55 Grant of £IO,000.The school continued to receive funds from I￿l￿glon 45 Part of early year5 educatlon entitlerrnts for 3 and 4 year olds amountlng to £240.37712019.. £ 202,6861. Cash at bank and in hand tOtal￿d £2.120.67412019.. £1J￿)S.364l?t 315fAu8USt 2020. Staff ¢¢isty whlch are always the school's n￿st Wlfkant ¢xpense.•N)unted to £1.135.25612019.. £1,101,169] representlng TJ% 12019.. 73%] of net fee incoW￿. The schod continued to develop its management team Structure and recruit hi8h quallty staff mernbers. Management accounts are preparedtermty and al varlances fromthe annual bud8etare inve5bgated and reportedto the Council Of ManagemenL At the end of the Sprlhg term 2020 the school had made a favourable surplus compared wth budget 4Jue to the ￿h0o1 hawng additlonal fullday nurserypupi15 andreception cl355 children. This put the school In a strongfinan¢ial position ahead of the COVID- 19 pandeml<. The surply5 ari5in8 at 31, Au8USt 2020after the COVID-19 related fee adjustftnts given In the Surnrner terrn 2020 arlses due to the surplus rnade in the 7 ￿Trth5 to March 2020 in addition to careful management of our c05t base during the 5urnrner term includin8 the deferralofempenditure from the yearending 315IAugud202Q to the follown8year lincludln8 bulldin8 repair work at the nursery. stsff trainin& school developmÈftt costs artd the expendtture of the 2019 Auction Troney retained bv the sehooll due to all efforts being focussed on a safe xhool reopeningand SO￿ contingencies in our planned costs lor the year whlch did not arise as expected in the summer ter￿ in add￿On to re¢eiptolGoVern￿￿nt COWD-19 grants. RESERVES POLICY At 31stAu8ust 2020thetotsl reservesof thecharity ￿tTe £2P27.39312019-. £1.946.6431.Allreservesare unrestrictedand Include free reservÈs ol £1,673,99112019.. £1526.1701, designated funds for fixed assets of £299.95712019.. £359,859) and bursaries £53,44512019- £60,6141.TheTrustees aim to build a sufficient level of flee reservesto repayfee deposits. to cover approxirnotely one term'5 expenditrjre.to undertske maintenante and developmentof ￿h0o1(acIlitieS and to provide theTrusteeswith sufficlent flnin¢ial Ilexlbilityto respond to strategic OpportUn￿e$ &% they arise. As such the Trustees considerthe currentlevelof reserves to be In line vAth the reqUire￿Trt. INVESTMENT POLICY Investments are tash deposits as. despite the relatNe￿ low returTh5. the Trustees conslder this appr¢Jach turrendyp¢)ss less risk than other form5 of investmeThts. This positson is re¥￿￿ed regularly.

THE CHILDREN'S HOUSE SCHOOL TRUSTEES ANNUAL REPORT {contlnued) YEAR ENDED 31rt AUGUST 2020 STATEMENT OF TfwSlÉ￿ AESPONSIBILIIIES The Trustees Ivjho are also the directors of The Childien's House School for the purposes of company lawl arÈ ttsponsible for preparing the Trustees. Report and the financial Svdtements in accordance ￿ applicabk law and Unlted Kln8dom Generally AcceptedAccountlng Practlce (United Kingdom A¢countingStandardsl. Company law requirestheTrustees to preparefin¥h¢ial Statements for each financial year. Under company law the Trustees must not approve the financial statements unless they are 5ati5fied that they Bive a true and fair view of the state of affairs of the charitsble company and of the In¢omiAE resource5and the applKation of resources, includingthe income and expenditure, of the coryany for that period. In prÈparln8 these financial state￿llts. the 7rustees are requlred to.. select the most sultable 3¢¢0untin8 pdtiesand then appty thern consistently.. obser¥ethe methods and printiple5in the tharities SORP.. make judge￿nts and e5tirrse5 that are reasonable and prudent state whether 4ppIic3ble UK Accounting Stand¥ds have been follod,subjettto any rnaterial departUre5d￿cloSed and eyploined in the financial Stater￿nts.. and prepare the financial statements on ihe going concern ba515 unle55 it is Inapproprlate to prew1￿ that the ¢harltable conyany ￿11 confjnue In business. The Trues are re¥JonYble for keeping adequate accounting records that are sufficlent to show and explain the charstable company's irènsaCtion5, d￿CloSe reasonable accurwatanytyme the ffin¥ncial position of the charitable company and enable thern to ensurethat the financial strte￿nts compty the Companies Act2¢X)6 and the prowsionsol the charivs constirutlon. They are also responsible for safe8uarding the assets of the charity and ensuring their proper applicatyon urtder charity law and hence for tsking reasonable steps forthe prevention and detecbon of fraud and other Irregularibes. RELEVANT Autxr INFORMATION Instsfar as éach of the Directors. as me17knrs of the Courfil of ManagemenL at the date of the approval of thls report Is aware there is no relevant audit Informaiion (information needed by the Cornparfs audltor in connection preparlng the audlt report) of which the Compan￿$ auditor is unaware. Each ￿￿￿tser of the Council of Management has taken all the 5tep5 that thev should have tsken as a membÈr ol that body in orderto make themselves aware of the relevantaudit information and to establi sh that the Compan¢s audltor is awarè of that inforrnation. Approved by the 8oard oFDirectorsat its meetinl on 23 February 2021 and signed on hs behalf by Da￿ Brindle Chair

THE CHILDREN'S HOUSE SCHOOL INDEPENDENT AUDITOR'5 REPORTTO MEM8ERSANDTRUSTEES YEAR ENDED 31st AUGUST 2020 Oplnlon We have audited the financial ststemÈnts of The Chiklren'5 House School for the year ended31 August 2020vknKh cornprise the Statement of Financial Activities. the Balance SheÈL the Cash Flow Statement and notes to ihe linanei315tstements. Including a summary of significant ￿Counting poli¢les. The hnancial reporting frame7M)rk that has been applied in thei r preparation is applicable law and Unlied Klngdom Accounting Stsndards, including Fir¢ancial R¢porttn8 Stsndard 102 The Finonthol Reporting Stgndord applscoble lft the UK ond Republicojlrlgnd Iunited KSn8dom General￿AccePtedAc¢ounti￿8 Practi£el. In our opinlon. the ftnan¢i•l $￿te￿nts. Ive a true and fair wew of the state of the charitable companVs affairs a5 at 31 Au8USt 2020 and of the charitsble companls net movement in funds, includin8 the income and eX￿ndItuTe.for the year then ended.. have beenproperlyprepared in accordancewith United Kingdom Generaljy Accepted Accounting Prxtlce.. have been prepared in accordance the iequirementsof the C¢)mpanies Act 2006. basls for oplnlon We conducted ovr audit in accordance ￿1th International Stwdards on Auditsng IUKI IISAS IUKII and applicablE law. Ow responsibilities under those standards are further described in the Auditor's responsibllities for rhe •udit of the linancial statements se¢tion of ourreport. We are Independent¢f the charityin accordancewirh the ethlcal requiremÈntsthat are relevant to our audit of the IlnaThci31 statements in the UK, includin8 the FRCS Ethical Stsndard. and we have lulfilled our other eth ical responsibilities in accordance with these requirements. We believe that the audit evidence have obtslned Is sufllclent and ppropr¢ate to provide a basis forour opinion. Responslbllltles ottru$teesfor the finarKla statements As explained more fully in the trustees, responsibilities sttrnnt set out on page 9, the trustses l¥th0 are also the dire¢tors Of the charitable company for the purposes of cornpany lawl are responyble for the preparation of the financial statements and f OT belng satisfied that they ¥ive a true and f￿r wew. and for such internal control as the trustees determine is necessaryto enable the preparation of financial stateThnts that are free frorn material nwsststeff￿nL thether due to fraud or error. In preparingthe linancial ststements, thÈ trustees are reSpOn￿￿e for assessing the ¢harirable cory3n¢s Ibility to continue as 801n8 concern.dlscloslnB, as applicable. matter5 related to goin8 concern?Ad using the going concern basis of accoLtnting un less the trustees elther intend to liquidate the charitable company orto tease operation5. or have no realisiic alternative butto doso. Authtor's rpon$lbllltles for theaudtt of theflnantial rt•temer Our objectwes are to obtaln reasonab￿ 3ssur¥nce about wthether the financoal ststeftnts as a whole are free from material misststement, ¥thether due to Iraud or èrror.and to issue an auditorfs report that include5 our opinion. Rezsonable assuraThce is a hlgh level of a￿Urance. but is not a guarantee that an audit conducted in accordan¢Èwth ISAS IUKI will always detect a material mis5tstement when It exists. Misswernents can arise from fraud or error and are ¢omsidered rnaterial if, indiwdually or in the a88re£ate, they could reasonabty be expectedto influerbcethe econt)mic decisionsof users tsken on the basls of these fina ncial stements. Afurther dexription of our respon￿bIlItieS forthe audit ofthe finarKlal statements Is located on the Flnanclal Reportlng Councll's website atr .frc.or auditorsr This description forms part of oui auditor'5 reporL Conduslon5 relatlnito 8olng ¢on¢ern We have nothlng to rep¢rtTn re5pectof the follown8 matters in relation to ¥¥thith the ISAS IiIKI require us to reportto you where.. the trustees, use of the 8oin8 concern basis of accounting In the preparation of the financial statements Is not appropriate.. or the trustees have not disclosed in the ffnaThcial smements any idÉntified rnaterial uncertsintles ihat may Cast $18nifi£ant dotjbt about the charitsble company's ability to Colltinue to adopt the going concern basis of a£countlll8 ftsr a period t)f * least Nvelve months from the date the financial siaternents areauthorised for Issue. herlnformathn The trvstee5 are respon51ble for the other Information. The other tnforrnation comprlses the Inforftkglton Ineluded in the Trustees. Annual Report. Our opinion on the financial ststements doesnot covertheother Information •nd, excepttolhe extent Other￿ se expllcitly ststed in our reporL do notexpre55 any form of assurance ¢on¢luwonthereon. In connection with our audit of the financial stateftnts, our responsibility is to read the other inforft4tion and, in doin8 50, considerwhether the other informètion Is materialty inconsistent wth the financial statemÈnts orourknowled8e obtslned in the audit or otherwlse appe¥s to be Material￿ mi55tated. ff we Identify s￿h material incon5iStencies or apparent materlal Io

THE CHILDREN’S HOUSE SCHOOL INDEPENDENT AUDITOR’S REPORT TO MEMBERS AND TRUSTEES YEAR ENDED 31[st] AUGUST 2020

misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

• the information given in the Trustees’ Annual Report (which includes the strategic report and the directors’ report prepared for the purposes of company law) for the financial year for which the financial statements are prepared is consistent with the financial statements; and

• the Trustees’ Annual Report (which incorporates the strategic report and the directors’ report) has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ Annual Report (which incorporates the strategic report and the directors’ report).

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

• adequate accounting records have not been kept by the charitable company; or

• the charitable company financial statements are not in agreement with the accounting records and returns; or

• certain disclosures of trustees’ remuneration specified by law are not made; or

• we have not received all the information and explanations we require for our audit.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Richard Weaver (Senior Statutory Auditor) For and on behalf of haysmacintyre, Statutory Auditor Date: 3 March 2021

10 Queen Street Place London EC4R 1BE

11

THE CHILDREN'S HOUSESCHOOL STATEMENTOF FINANCIALACTIVITIES (In¢ludlr¥ an Incomeand ExpendltureAcc￿ntj YEAR ENDED 31rt AUGUST 2020 Notes 2020 2019 INCOMÉ FROM= Charltable Actmtles School Fees Recelvable Incow From AnclllaryTradin8 1.475.980 25398 1515,283 43,282 otherTr￿[nll A¢tNtt$ Fundralsing Events 23PJI 32.186 Donatlons •nd Le8ades Donation5 8Tants 67.342 Other Other Income 707 2.490 Invèstments Bank Interest 7A86 9,359 T•t•l In¢orn I,6￿,424 1,602,600 EXPEfrJDIIURÉ ON.. Ralslng Funds Fundraising Costs Flnanclna Cosrs 1,386 265 1597 383 Ih51 1.980 Charltable ALtlbltles School Operaiingcosts 1,518,023 1,497.228 Tot￿ Eyndlture 1519.674 1,499,208 Net Income- Mo¥em•rt In funds 80.750 103,392 RECONCILIATION OF FUND&. Unrestricted funds brought lorvnrd at 1st September 2019 1,946.643 1.843,251 Unre#rlrt•d funds arrled fonvard at 31st Aulust Z020 14 2X)27.393 1,946.643 The Statement of Fin#n¢ial Activities incorporates the Income Empendthre ￿COUnt There are no other re¢o8nlsed gains or10sse5 Other than those Shov￿ above. The notes on pages 15 to 22 form an integral p¥t of these financial ststem?nts l2

THE CHILDREN'S HOUSESCHOOL BAIANCE SHEET AS AT 311t AUGUST 2020 COMPANY NUMBER: 5443050 Notes 2020 2019 FIXED ASSErs Tèn8ible Assets School Land. Bulldings and EquIp￿fit 299.957 359,859 TotolfJxed055ets 299.957 359.859 CURRENT ASSErs Debtors sh at Bank and in Hand io 41.669 2,120,674 26,985 2.005.364 Totol current ossets 2.162343 2,032,349 LIA8ILinES Credltors:Amounts falling due wthin one year li 1289.9071 1275.0651 J¥et ¢urrent ¢issets 1872,436 1.7S7.284 Totol Jssets less cuThent Iwblllt￿s 2,172393 2,117,143 Creditors.. Amounts falliftg due after rThJre than one year 12 1145.0001 11705001 TOTAL NET ASSETS 2￿27.393 1.946.643 THE FUNDS OFTHE CHAWIY General Fund De&8n3ted Funds.. Fixed Assets Bursaries 1,673.991 1,526,170 299.957 53.445 359,859 60,614 TOTAL UNRESTrICfEO CIIAm FUNDS 14 2A)27J93 1.946.643 The linan¢lal stèternènts have been prepared In ac¢ordarKewith the special provtslons relabnt to cornpanie5 subject to the small companles re8lme withln Part 15 of the Comp•nles Aet2LYJ6. The fi'nancial ststements re approved and authorlsed for Issue bythe board 23 February 2021 and ￿re￿ned M thelr behalf Dawn 8rindle Chalrman Danielle thjfey Dlrector The notes on pages 15 to 22 form an integral part of the ftnancia skterr*nts. 13

THE CHILDREN'S HOUSESCHOOL STATEMENT OF CASH FLOWS YEAR ENDED 3111 AUGUST 2020 Notes 2020 2019 fflows from operatkng adMtlÈs Net cash provided by operatlwac￿vitse$ 108.633 145,449 C•sh Itows from InwsWn8 •#i4rylie5 Interest Incow 7A86 9359 Purchaseof tanAible fixed assets 18091 121.0211 Net Cash ud kn In¥e#k adithles 6,677 111.6621 Net hKr•ase In <a5h and eqyP¥4ent$ kn thtye 115310 133,787 Cash and r35h equl¥nts at istSeptember2019 2.LKJS.364 1.871,577 Cash cash equl¥4•nts at 31stAU8￿¢ 2020 2.120.674 2.005.364 Re¢on¢HlaWon of net m￿Ment h) funds to net ¢ath fiow from operatkng Net income for the year per SOFA Depreciation chargefor the year Loss o• dlsp0511 of fixed asset Interest income Increase in debtors IncreasellDecreaselln ueditor5 fallini due ithin one year IDecreasellln¢re¥se in creditors fallin8 due after rnore than one year 80,750 60,491 220 17.4861 114.6841 I4￿42 103,392 64,177 193591 15,3341 1453271 1255001 38.500 Net cash provided by oper*ing ocbwbes 108.633 145,449 Anaysts ol cash and ush •4ul4•le Cash In hand Notice depo$its 69.263 2.051.411 36P18 1.%9.346 Nei cash prO￿ded by operatlng actsvilies 2,120.674 2.005,364 The notes on pages 15 to 22 lorm an inte8ral part of the finartia 5taterrtnts. 14

THECHILDREN'S HOUSE SCHOOL NOTESTOTHE ACCOUNTS YEAR ENDED31 AUGUST 2020 I. ACCOUNIINfj pouaES Basls The finantial srerrents are prepared under the hlstorl¢?I c05t conveTrtion. The formèt of the financial ststement5 has been preseTrted to comply wth the Companle5 Act 2006. FRS102 The FiFJondolReportino Stondord opplicoble in the UK gnd Irelond ind the Statement of Re¢ornrnended Prxtice Accountinq Repo￿￿￿ by Ch¢7ritie5 ISORP 2015.1 Isecond Edition. effective l January 20191. The Charity is a Public Benelit Entity ès definedby FRSIO2. 6•n•r41 Inforrnatlon The Charlty Is a tornpany limited by8uarantee. Incorporated in EnBland and Wales (company nurnber.- 54430501 and charity registered In En8land and Wales Ichadty number.. 11132851. The Charttys regSstered t)ffi¢e address Is.. 77 Elmore 5treeL London, Nl 3AQ fjdng ¢o)¢ern Ha¥in8 reviewed thefyndingfacilitie5 available to the Charity together with the expectedongoing demand forpla¢e$ and the Chariws fvture projected cash flows. the Trustees have a reasonable expectstion that the Charity has adequate rÈsource5 Wlth which to continue its aclivities for the foreseeable future and ¢onslder that there are no materlal un¢ertrinties which would cast doubtover the ChariV5 ability to continue as a going concern.A¢¢ordin4ly4 they Contin￿ to adopt a going concern basrs in prep•ring the financial ststements as oudined in the Ststement of Trustees, Responsbilities on pa8e 9. S1th11(rt fvdlments ind souros estlmkn wKertaknty In the appllcatitsn of the accounting policies. Trustees are requiredio make jud8ernen( estimates. and assumptions alK)ut the carryinBvalue of assets and liobilitie5that are not readilyapparent from other source5.The estirnates and underlying assumptions ale based on historical experience and other factors that are considered to be relevant. Actual results may differfrom these estimate The ¢stTm•tes and underlyin£ assumptlons are reviewed on an ontoin4 basis. Rewsions t) accouniing estimates are re¢ogni5ed in the period in ￿1£h the estirnktÈ is rewi5ed rf the revi%on affects that period, or in Ihe period of the revision and fiJtsJre periods If the re￿[￿on affected currentand future perlods. The only sl8nificant judgement and estimate made by the Trustees 15 deemed to be in relatlon to the estimated economit Useful life of tsn8ible fixed assets which is reflected in the depreciatK)n rates applied and are discussed below in a¢¢ounting policy h. The follo￿Tr8 princlpal accountln8 pollcs have beeTrap￿1ed.. b) I￿orne i.Fees recelvahle and similar incorne School Fees re¢eivable are accountedfor inthe perlod inwhi¢hthe serwce is provided. Feesrecefvable represert fees less bursaries and albwances and other incon derryedfrom the School's conb"nuing actryities. 11.Reglstration feesare ￿0n￿e￿ndab1e3nd ¥e ¢rediredto Incorr ￿en receNed. Fee Deposits are included as a liabllrty until refvrtded or, on cea5in8 to be refundable. arè rredited to incorne. Aévance fees are creditedto Income as and Vthen they fall due. ¢1 DonatloThs and ir¥nis Dortations and grants are accounted lor as afid vthen entitle￿￿nt art5es. the amount can be relyabtyquantified and the economK benefit to the School is considered Probable. 15

THECHILDREN'S HOUSESCHOOL NOTES TO THE ACCOUNTS YEAR ENDED 3151 AUGUST 2020 Coronavlrusjob Retention khe￿￿ ICJRSI Is agovernmentgrt and isreco8nlsed as recelvable In line ￿ththe perio that the payroll expense h35 been incurred. dl irt¢omt from othertradh)8 artrities FLtndrèislng intornt, including incoft from the •Jnval avction even¢ is retO8nised in the period in which the goods are 501d orthe Ser￿Ces￿e provided. •) In¥estm¢ntln(ome yeS￿eNt in¢(Mlle frorn bank balances ts accountrd for on an Kcruats b￿" fl Expendilure Expenditure is recogniseé as soon a5 the related liabillty is Incuyred and h$ been classlfied ¥nder headlngs that aggre￿te all costs relating to that ¢ategory. Liabilities are re£o8nisÈd as soon as there is a le8al or const¥uctive obligation con¥nithn8 the Charty io theexpendiiure. Value addedta (VAn irretoverable isincluded inthe relevant Costs. Employment benefits. includin8 holiday pay. then •pplK¥ble, are recognlsed In the perlod In thlch they are earned.Termination benef1ts. when applicable. ale recOEn￿dInthe periodin which the decisi¢n is made and communlcated to the relevantemployeelsl. Eypenditure on raising funds comprises fvndrainz costs and finarKe costs. Expenditure on charitable athwties ¢ory1r￿S expendibjredirecily related to the pr￿slon of educztlon and adrrinistrative support costs and ¢osts relating to the governance of the charity. School support Costs ¢OrnPfise the salary cost of administrab¥e Staff, other assoclated overhe•ds and depre(la￿On attribLrtable to these Governante Costs include strate&c plannin8 for its ftjtsjre development audltors. remurteratN)n, certain legal costs and all costs of comptying constitutional and statutory requirements. su¢h as costs of Board meetin85 and of preparln8the ststuttsry accoun15. gl Funds General funds comprise the xcumulated surplus or deficit fvtyn the State￿￿nt of Financ￿1 Atlivthe5 %thKh 15 not restricted nor desiwated fund5. They are avaSlable for use at the discretion of the Trustees in Ivrtherance of the general obie¢Dves of the charitv- DeY8nèted fund5cornprise funds that have been Set aside for 5pecifi"c purposesotthe Ji5crttion of the Trustees. The purpose and use of the designated unre5trictedfunds are set out in the note5 to the accounts. hl T•n8lble Assets and Oew¢daikn The freehold propertywas orlglnally ststed ata v•lu3tion rnade on 31 August 1995 wthin the original £harty. The Children's Flouse School. The incorporated charity has inherltedthis valuitFon which, in ac£ordan<e wth theTh current transitional arr•n#ernents under FRS 15. has not been updated. The Charlty has not tsken advants8e of the piovisions in FRS 102to revaluethe freehold property. New buildi￿5 and extensionsto existing building5 together with any furnitureand equipnntpurchased are included at cost. Assets • ¢ostof £500 orrMre are caprtalised Depreci3th?n is providedon all tan8ible fi¥ed3ssets retsinedfor use bythe School at ratescalculated to spread each assevs depreci¥tslevalue evenly overlts expected usefult¢onomic life as follows.. Dewe¢iatk)n Is not provided on capital *L)rk in progres5 until the assets are tsse. Freehold land Is not depretlated. 16

THECHILOREN'S HOUSESCHOOL NOTESTOTHE ACCOUNTS YEAR ENDED 31Xt AUGUST 1020 Tan8lble Assets Dew•tt•tlon Iwntlnuedl The tarryingvaluesof tsn8lble fixedassets are rey1e￿df0Tir1wa1r￿￿nt Ir atcordancewryth the requlrements ol FRSIO2. Freehold Land and Buildin85 over IOQ year5 on costof freehold bulldlng Propertylmprovements Over4-1(Klyears Fixtures & Flttin85 - Freehold Ltasehold Property Leasehold Propertylrnprovements varlous ratrs according to exh Indlv(dual asset o¥erthe perlod ofthe ￿¥se overlhe remalnln8 period ol the leas¢ overthe remalnirtB period of the lease Fixtures and Fittings Furnlture & EquipftEnt Leasehold over4-10 years Hn•ndl Instruments Basic financial instrunnts are initialty reco8ni5ed at transaction vak aftd sub5equentty measured at aT￿rtised with the exception of imvestrrents which are held at fair value. Financial a55ets held amortised cost corry)rise cash at bank and in hafid, together with trade and other debtors. A specific provision Is made for debts for which recoveraljility is in doubt Cash at bank and In hand is éefined as all cash held in instsnt è£cess bank accounts and used as wor￿n& capital. Financial l¢abilitbes held at alYK)rti5ed c05tcompTise abl creditors ex¢eptsocial security and other taxes and provision5. i.Debtors Tr3de and other debtors are retc￿lsed at the setdement arTh)unt due after any trade dlxount ¢ffered. Prepay￿nts artvalued at the anjjunt prepald netof tr•Je discounts due. 11.cash at bank and In hand Cash and cash equivalents includescash in hand, deposits held at banks and. when applicable, other short-terrn hlghly liquid investments with origlnal murthe5 of three mnths or less and bank ¢verdraft& Bank overdrafts. when applicable. are shown wthin current liabil￿e5. Ili.Creditors and pro¥lslons CrÈditor5and provi&onsare reco8nisedtherethe khool has 3 present legal or constructi￿ oblkqation resultin8 from a past evenl that wll probab￿+ result in the transfer of funds io a third party and the afrwjunt due to settle the obligation can be measured or e5tirnated reliably. Credltors and prowsiOn5 are norrnally reco8nlsed at thelr settlement amount after allowing forany trade discounts duÈ. A) Penslon Sth¢m•s Prlor to the comen¢ement of auto enrdment on 151 No¥ember 2015, the charity offered a defined contrlbution. siakeholder pension scheme ￿ ell￿ble staff. The 355ets of thls scheme are held seporately from those of the chèrity- Fol￿￿￿& the introduction of auto enrolrnentthis scheffE is now a closed scheme to new members and staff who joined after this date have bèen enrolled into the People's Pension kherne, a150 defined Contribution scheme. Pensions tosts charged in the Ststement of Flnancial A¢bvities represent the ¢ontrlbution5 paydble into both schemes bythe Charity during the year. kl OperattTr8 Leases Rentals paid under operatin8 leases are charged to on a stralght line bas￿ ￿eIthe lÈase term. Whe applicable. benefits re¢eivedandreceivablesas an Incentive to Si8n an operating kase are lTr%larly on a stralght line ba￿$ overthe ￿1$￿ ierm. 17

THE CHILDREN'S HOUSE SCHOOL NOTES TOTHE ACCOUNTS YEAR ENDED 31Jt AUGUST 2020 2. SCHOOL FEES IIKEIVA8LE 2020 2019 Gvoss feesreceNab Less., Bursaries and other award5 1.503.683 1539,569 127,7031 124,2861 Net khool fees receivable 1.475380 1,515.283 INCOME FROM ANCILLAftVTAADING 2020 2019 Forfeited Feeoeposirs and Fees in Lleu of Notice Registration lees SEN funding from Ilington Other 7.621 8.200 1,709 8368 24.180 9,150 9.952 25.898 43,282 4. FUNDRAISING INCOME 2020 2019 Annual Auction and Raffle Income From OtherFundraising Events 22.075 936 30.116 2.070 23XIII 32,186 GRANTS AND DONATIONS 2020 2019 CoronavirusJob Retention Stherne Grant Small Business Grant Donation to Hardshlp fvnd 56.859 io.lwo 483 67.342 The Chlldren's House kh￿)1 has had a holtday from 8u%ness rates at 77 Elmore Streetfrom l April 2020. TRANSAcnoN5 WITH RELATED PARnES a) Trustee Rernuneratton. Expenses and Benefrt5 No Trustee received any remunerion, expensesor benefits duringthe p¢riod12019..£NILI. b) Related Party Transactions l. Duringthe year, the S¢hool m>Je a don3tTon to The Friendsof Rose Bovl of £6,16712019: £13.46010l whlch Davjn Brindle, a Trustee of The Children's House khool. is a Trustee. 11. Dutln8 the yearthe School paid FrancescaQran8e. the dwlhter ofthe He￿ Teacher. £3,6SOforarchite¢tural service5 12019.. £NILI. The fee agreed os on an arms-len8th basis and approved by the Council of Mana6ement iii. There *re no further related p3rty transxtions durlng the year{2019= £MLI. 18

THECHILDREN'S HOUSE SCHOOL NOTES TO THE ACCOUNTS YEAR ENDED 31 AUGUST 2020 7. STAFF COST5 2020 2019 Salaries and w¥des Soclal security costs Employer's penslon tontributions Other 988.430 85.497 42￿95 18.434 970.762 83P80 31.613 15.714 1.135.256 1.101.169 Averagefiumber of employees on è headcount basi5 during the ye¥-. Teachlng Administration Dornestic 31 30 36 35 2020 2019 A88regate eryloyee benefits tor key management per%￿ne1 Ipage 11 269.095 279,960 One employee 8ross rernuneration excludin8 pension contributions In the ran8e of £60,000- £69.99912019.' One In the range 01 £60,000- £69.9991. EKPENDITURE Other Dewedatlan 2020Total tharlt•bk A￿l￿tIeS.. School operatin8costs: TÈachin8 costs Welfare costs Premises Support costs I&Mrnan¢e Costs) khool supportcosts 989,408 65A28 6,191 160917 14.438 75,302 13,771 1,068.607 6.191 226[￿3 14,438 202,784 18.779 46307 127.069 413 1.135,256 322.276 60,491 1.518.023 C05t of Generin8 Funds FundraisSng for currentvoluntary Income Bank charge5 1.386 1386 265 265 1.651 1,651 1,135.256 323.927 60,491 1.519.674 All expendibjre was met from unrestricted reserve Other Dlsdosut•s Z020 2019 Governancecosts include.. Auditor's remuneratlon- AUd￿t Fee 10,200 9,6 19

THECHILDREN'S HOUSE SCHOOL NOTES TO THE ACCOUNTS YEAR ENDED 31# AUGUST 2020 PENDITURE COklPARAmVE oiher Depredatlon 2019Yotal Charltible Arthities.. School operating cosrs: Teaching costs Welfarecosts Premises Support£osts IGovern8nce Costsl School support costs 961A40 83%14 9.179 IS4A86 9.390 75￿13 13.445 1,058,699 9,179 223,101 9,390 196,859 18.429 50,186 121.31x1 546 1,101,169 331.882 64.177 IA97,228 C05t of fj¢ner*Jng Funds Fundraising for currentvoluntsry Income Bank chzr8es 1397 1.597 383 383 1.980 1.980 1,101,169 333.862 64.177 1.499,208 9. TANG18LE FIXED ASSEIS Freehold Propertv L•asehohl Property rn￿Ure and Equlpment Tot4 COSTIVALUAnON At I Septernber 2019 Addltions Disposals 429A76 361.034 163.654 9S4.S64 809 116,5641 116.5641 At 31 August 2020 429B76 361.034 147.899 938￿09 DEPAEUAIION At I September 2019 Charge for the year Disposals 152,610 8I76 328,985 28.867 113.110 21.748 116,3441 594,705 60.491 116.3441 At 31 August 2020 161,486 357352 119.514 638.852 BOOK VALUE At 31 Au8ust2020 268,390 3.182 28.385 299,957 At 31 August2019 277,266 32￿49 50.544 3S9.8S9 10. DEmR5 2020 2019 Fee debtors Prepay￿￿nts and accrued IrÈcoTr 130 41.539 26385 41.669 26.98S 20

THE CHILOREN'S HOUSE SCHOOL NOTESTOTHEACCOUNTS YEAR END£0 313t AUGUST 2020 11. CREDITORS amountsfalh¥ due wtthln one 1020 2019 Fees In advance Feedeposits Qther t#xation and social 5ecuritycosts Professional fees Sundrycreditorsand accruals I25￿95 71,000 22.143 io.oc 61.169 146,657 68.500 23.480 11,580 24.848 289,907 275,065 12. CREDITORS amountsfalllng aftermore than one ￿4T 2020 2019 Refunéable fee deposits 145.000 170.500 13. UNREsTrfcTED FUNDS At 15eptember 2019 At 31 Auuurt 2020 Net lo¥ernent General Fund (Free Reserves) Desl8nated Fwds: Fixed assets Bursarles 1,526,170 I47￿21 1.6?3.991 359.859 60.614 159,9021 (7,1691 299,957 53.44S 1,946.643 80.750 25127.393 133. UNRESTrICTED FUNDS COMPARATIVE At I September 201B At 31 August 2019 et MrNement General Fund (Freé Reserves) Desi8nat•d Funds: FIMed a5Sèts Bursaries 1379,622 146548 1526.170 403.015 60.614 143.1561 359,859 60.614 1.843.2SI 103.392 1,946,643 The deslgnated flxed asset fvnd renectsthe chariWs assets ￿lch are investsd in the fixed assets of the sthool. The Tru5tee5 have also set aside funds from free reserves for the fundin8 of in-year bur5arie5 for families wlthin the school experiencing hardship. ￿ere the need arises. The Trustees rw alter the afi￿unts allocated to varlousftsnds at thelr discretion in accordlncewith their custodial duties. 21

THECHILDREN'S HOUSE SCHOOL NOTES TOTHE ACCOUNTS YEAR ENDED 31st AUGUST 2020 14. CORPOIiAIION TAXAnON The charlty Is exemptfrom t# on income and iains falling ithin section 505 of the Taxes Act1988 or section 252of the Taxatiorn of Charot¥ble Gains Act 1992to extent that these are applied to Its Charltsb￿ objects. 15. CAPITAL AND OTHER COMMITMEriis There were no capital commitwnts at 31"August202012019= £NILI. The Khool the follo¥rin8 future minimurn lease payments under non- cancellableoperatin8 leases for each of the following perioLI5: 2020 2019 Remal of Upper sd￿1 PreMEs Undei one year Later thon oneyear and not Itter than years 68.750 68.7SO 68,750 68,750 16. POST BAiANCE s￿ET evv4TS al Matlonal Ldckdo In January 2021, In light of the continuing spread of Cowid-19. a rtewnabonal Ickdtswn was in opevation forcing the school to close for in-per50n tea¢hin8 for Reception and Year5 1 and 2. OnlineteachiThg continued to these vear 8roups. The nurseryrernained opento all children. The GOVern￿nt has stated that it wll not be possible to resume face.ttrface learning until 81h March 2021 ai the earliest The school VAII continue to provide education online and In-personteachin8 trj childrenof kev￿rker5fQ[ a5 long a5 required. The c105ure of school premises is a non-adjusting post balance sheet event as it Ès consideredthat the school is 80ing concern. The closure has no maierlal Impact on going concern. bl InSura￿e claim In February 2021 the sthool recewed a payn*nt of ÉIOO.CrfJO for a successfitl insurance claim aganst loss of Income in the ¥ear 2019-2020. The claim ￿CQn￿dereda non-adjustine post balance sheet evenL 17, MEM8ERS' LIAWU7Y The liabilfjty of Members in the event of a wnding Ltp. is £1 each. 22