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2020-08-31-accounts

				Page
Reference and administrative		details ofthe Company,	its Trustees and advisers
Trustees' report				2-4
Independent auditors'	report	on the financial statements		5-7
Statement offinancial	activities
Balance sheet
Statement ofcash flows				10
Notes to the financial	statements			11 - 24

Trustees			Judith Keene
			Julia Wolff
			Debbie Austin
			Helen Attree, Chair
			Angie Farmer
			Barry Austin
			John Lucas
Company	registered
number			6362939
Charity registered
number			1122536
Registered		office	Unit 2 Hanley Workshops
			Hanley Road
			Haniey Swan
			Worcester
			WR6 ODX
Independent		auditors	Bishop Fleming	LLP
			Chartered Accountants
			1-3College Yard
			Worcester
			WR1 2LB

						As restated
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Note	2020 6	2020f	2020	2019 6
Income from:
Donations and legacies			330	26,978	27,308	25,541
Charitable activities			1,432,333		1,432,333	926,005
Other trading activities			13,880		13,880	16,741
Investments			269		269	1
Total income			1,446,812	26,978	1,473,790	968,288
Expenditure on:
Raising funds			9,312		9,312	4,004
Charitable activities			1,174,118	26,978	1,201,096	952,836
Total expenditure			1,183,430	26,978	1,210,408	956,840
Net movement in funds			263,382		263,382	11,448
Reconciliation offunds:
Total funds brought	forward		278,534		278,534	267,086
Net movement in funds			263,382		263,382	11,448
Total funds carried	forward		541,916		541,916	278,534

					As restated
				2020	2019
			Note		8
Fixed assets
Tangible assets			12	171,980	186,396
				171,980	186,396
Current assets
Debtors			13	7,864	24,193
Cash at bank and in		hand		415,197	368,552
				423,061	392,745
Creditors: amounts	falling due within one
year			14	(53,125)	(300,607)
Net current assets				369,936	92,138
Total assets less current liabilities				541,916	278,534
Net assets excluding		pension asset		541,916	278,534
Total net assets				541,916	278,534
Charity funds
Restricted funds			16
Unrestricted funds			16	541,916	278,534
Total funds				541,916	278,534

					2020f	2019 F
Cash flows from operating	activities
Net cash used in operating	activities				50,687	287,257
Cash flows from investing	activities
Interest received					(269)	(1)
Purchase oftangible fixed assets					(3,773)	(17,483)
Net cash used in investing	activities				(4,042)	(17,484)
Change in cash and cash	equivalents	in	the year		46,645	269,773
Cash and cash equivalents	at the beginning		ofthe year		368,552	98,779
Cash and cash equivalents	at the end	of	the year		415,197	368,552
The notes on pages 11to 24 form part ofthese financial				statements

Leasehold Building	2% Straight-line
Improvements
Plant and machinery	5-20% Straight-Line
Fixtures and fittings	10%Straight-line
Computer equipment	25% Straight-line
Cabins and Units	5-10%Straight-Line

		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		2020	2020	2020	2019
		F	E	E	F
Grants		330	26,978	27,308	25,541
TOTAL	2019	150	25,391	25,541

						Unrestricted	Total	Total
						funds	funds	funds
						2020	2020	2019
						6	6	6
Income	from	charitable	activities	- Student	Fees	1,432,333	1,432,333	926,005
TOTAL	2019					926,005	926,005

	Unrestricted	Total	Total
	funds	funds	funds
	2020f	2020	2019 6
Fundraising	11,846	11,846	13,033
Shop Sales	2,034	2,034	2,908
Sale of Asset			800
	13,880	13,880	16,741
TOTAL 2019	16,741	16,741

Unrestricted	Total	Total
funds	funds	funds
2020 6	2020	2019f
269	269

		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		2020	2020	2020	2019
				F	6
Student	Fees	1,174,118	26,978	1,201,096	952,836
TOTAL	2019	927,445	25,391	952,836

		Activities
		undertaken	Support	Total	Total
		directly	costs	funds	funds
		2020	2020	2020	2019
		6		6
Student	Fees	1,158,050	43,046	1,201,096	952,836
TOTAL	2019	924,628	28,208	952,836

				Student	Total	Total
				Fees	funds	funds
				2020 8	2020 6	2019f
Staff costs				892,279	892,279	677,647
Depreciation				8,996	8,996	10,710
Staff Training				4,839	4,839	13,088
Teaching expenses				112,586	112,586	91,199
Consumables				1,594	1,594	7,107
Rent, Rates	and Utilities			62,939	62,939	48,664
Building/site	maintenance		and development	46,134	46,134	63,898
Examination	Fees			13,233	13,233	4,286
Vehicle Expenses/Staff		Mileage		13,242	13,242	5,184
Animal Care				2,208	2,208	2,845
				1,158,050	1,158,050	924,628
TOTAL 2019				924,628	924,628
ANALYSIS OF SUPPORT			COSTS
				Student	Total	Total
				Fees	funds	funds
				2020	2020	2019
				8	8	6
Depreciation				3,382	3,382	2,038
Office Expenses				26,052	26,052	21,606
Audit Fees				7,800	7,800
Loss on Disposals				5,812	5,812
Governance	costs					4,564
				43,046	43,046	28,208
TOTAL 2019				28,208	28,208

				2020	2019f
Fees payable	to the Company's	auditor	for the audit ofthe Company's
annual accounts				7,000
Fees payable	to the Company's	auditor	in respect of:
All non-audit	services not included above			800

				2020	2019f
Wages and	salaries			805,047	613,132
Social security costs				73,192	51,638
Contribution	to defined	contribution	pension schemes	14,040	12,877
				892,279	677,647

	2020	2019
	No.	No.
Employees	33	26

		Leasehold
	Freehold	Building	Plant and	Computer
	Land	1mpovements	machinery	equipment	Total
	F	6	E	6	6
COST OR VALUATION
At 1 September 2019	36,466	92„338	150,474	25,664	304,942
Additions			974	2,799	3,773
Disposals			(5,409)	(23,726)	(29,135)
At 31 August 2020	36,466	92,338	146,039	4,737	279,580
DEPRECIATION
At 1 September 2019		14,005	83,722	20,819	118,546
Charge for the year		3,682	7,550	1,146	12,378
On disposals			(4,049)	(19,275)	(23,324)
At 31 August 2020		17,687	87,223	2,690	107,600
NET BOOK VALUE
At 31 August 2020	36,466	74,651	58,816	2,047	171,980
At 31 August 2019	36,466	78,333	66,752	4,845	186,396

		2020	2019
		E	E
DUE WITHIN	ONE YEAR
Trade debtors		5,575	6,109
Other debtors		789
Prepayments	and accrued income	1,500	18,084
		7,864	24,193

							2020 6	2019f
Trade creditors							5,646
Other taxation		and		social security			35,528	27,764
Other creditors							3,911	2,974
Accruals	and deferred				income		8,040	269,869
							53,125	300,607
							2020	2019
								6
Deferred	income at			1 September		2019	263,462	37,080
Resources deferred				during the year				263,462
Amounts	released		from previous			periods	(263,462)	(37,080)
								263,462

			2020 F	2019f
FINANCIAL ASSETS
Financial assets measured	at fair value through	income and expenditure	415,197	368,552

STATE	MENT OF FUNDS - CURREN	T YEAR
		Balance at 1			Balance at
		September			31August
		2019 6	Income f	Expenditure F	2020
UNRESTRICTED FUNDS
General		278,534	1,446,812	(1,183,430)	541,916
RESTRICTED FUNDS
Children	in Need Grant		26,978	(26,978)
TOTAL	OF FUNDS	278,534	1,473,790	(1,210,408)	541,916

									As Restated
			Balance at				As restated		Balance at
			1 September 2018 6	Income f	Expenditure f		Transfers in/out 6	Gains/ (Losses)	31 August 2019 6
UNRESTRICTED
FUNDS
General			120,540	942,897	(934,032)		146,546	2,583	278,534
									As Restated
			Balance at				As restated		Balance at
		1	September 2018 6	Income f	Expenditure	6	Transfers in/out 6	Gains/ (Losses)	31 August 2019 6
RESTRICTED
FUNDS
General
Restricted			146,546				(146,546)
Children	in Need
Grant				25,391	(25,391)
			146,546	25,391	(25,391)		(146,546)
TOTAL OF
FUNDS			267,086	25,391	(959,423)			2,583	278,534

			Balance at 1			Balance at
			September 2019	Income	Expenditure	31August 2020
			6	6	F	6
General funds			278,534	1,446,812	(1,183,430)	541,916
Restricted funds				26,978	(26,978)
			278,534	1,473,790	(1,210,408)	541,916
SUMMARY OF	FUNDS - PRIOR	YEAR
	Balance at			As restated		Balance at
	1 September 2016 F	Income 5	Expenditure f	Transfers in/out 6	Gains/ (Losses)	31 August 2019 5
General funds	120,540	942,897	(934,032)	146,546	2,583	278,534
Restricted funds	146,546	25,391	(25,391)	(146,546)
	267,086	968,288	(959,423)		2,583	278,534

ANALY	SIS O	F NET ASSETS BETWEEN FUNDS -	CURRENT PERIOD
			Unrestricted	Total
			funds	funds
			2020	2020
				F
Tangible	fixed	assets	171,980	171,980
Current	assets		423,061	423,061
Creditors	due	within one year	(53,125)	(53,125)
TOTAL			541,916	541,916

			As restated
			Unrestricted	Total
			funds	funds
			2019f	2019f
Tangible	fixed	assets	186,396	186,396
Current	assets		392,745	392,745
Creditors	due	within one year	(300,607)	(300,607)
TOTAL			278,534	278,534

					2020	2019
					6
	Net income	for the period (as per Statement		of Financial Activities)	263,382	11,448
	ADJUSTMENTS FOR:
	Depreciation	charges			12,378	26,466
	Interest received				269	1
	Loss on the	sale offixed assets			5,812
	Decrease/(increase)		in debtors		16,329	(10,971)
	Increase/(decrease)		in creditors		(247,483)	260,313
	NET CASH	PROVIDED BYOPERATING ACTIVITIES			50,687	287,257
21.	ANALYSIS OF CASH AND CASH EQUIVALENTS
					2020	2019
					6	6
	Cash in hand				415,197	368,552

						At 1
						September		At 31
						2019	Cash flows	August 2020
						6	6	F
Cash	at	bank	and	in	hand	368,552	46,645	415,197

cancellable	o	perating leases as follows:
			2020	2019
			6	F
Not later than		1 year	43,919	43,919
Later than	1 year and not later than 5years		139,228	183,147
			183,147	227,066