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2021-08-31-accounts

Page
Reference and Administrative
Details
Report ofthe Trustees 2 to 4
Report ofthe ladependent
Auditors		 5 to 8
Statement ofFinancial Activities
Balance Sheet 10
Cash Flow Statement
Notes to the Cash Flow Statement 12
Notes to the Financial Statements 13 to 21
Detailed Statement ofFinancial Activities 22 to 23

CD Fishlock - Chairman
SWilde - Banker
TD Catt - Management Consultant (resigned 102L2021)
J Ammoun
-Teacher
TJones - Solicitor
N Trowbridge - School Manager
N Collett-White - Headmistress
CJ Hoare - Independent Consultant
A JMcCallister - Teacher
T Wright - Minister

Notes
INCOME AND ENDOWMENTS FROM
Donations
and legacies
Charitable
activities
Provision ofeducation
Other income
Total
EXPENDITURE ON
Charitable
activities
Provision ofeducation
Governance
costs
Total
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forsvard
TOTAL FUNDS CARRIED FORWARD
31.8.21 31.8.20
Unrestncted Total
fundf fundsf
51,170 55,278
1,168,543 1,158,471
25.306 65,314
1,245,019 1479,063
1,141,080 1,246,740
11,640 8,400
1.152,720 1,255,140
92.299 23,923
(62,928) (86,851)
29,371 (62,928)

Balance Sheet
31August 2021
31.8.21 31.8.20
Unrestncted Total
fund funds
Notes f.
FIXEDASSETS
Tangible assets		 10 4,859 6,664
CURRENT ASSETS 11,413 27,015
Debtors
Cash at bank and in hand		 399,515 272,986
410,928 300,001
CREDITORS
Amounts
falling due within one year		 12 (386,416) (369,593)
NET CURRENT ASSETS/(LIABILITIES) 24,512 (69,592)
TOTAI ASSETS LESSCURRENT
LIABILITIES		 29,371 (62,928)
NET ASSETS/(LIABILITIES) 29,371 (62,928)
FUNDS
Unrestricted
thuds		 13 29,371 (62,928)
TOTALFUNDS 29,371 (62,928)

31.8.21 31.8.20
Notes f f
Cash flows from operating activities
Cash generated
from operations		 131,373 11,587
Net cash provided
by operating
activities		 131,373 11,587
Cash llows from investing activities
Purchase oftangible fixed assets (4,844) (2,250)
Net cash used in investing activities (4,844) (2,250)
Chaage in cash and cash equivalents in the
reporting
period		 126,529 9,337
Cash and cash equivalents at the beginning
ofthe reporting
period		 272,986 263.649
Cash and cash equivalents at tbe end oftbe
reporting
period		 399,515 272,986

RECONCILIATION OFNET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES OPERATING ACTIVITIES
31.8.21 31.8.20
Net iacome for tbe reportiag
period (as per the Statement ofFinancial
Activities)
Adjustments
for:		 92,299 f
23,923
Depreciation
charges
Decrease in debtors
Increase/(decrease)
in		 creditors 6,649
15,602
16,823		 8,184
12,499
(33,019)
Net cash provided
by		 operations 131,373 11,587

At 1.9.20 Cash flow At 31,8.21
Net cash
Cash at bank and in hand 272,986 126,529 399,515
272,986 126,529 399,515
Total 272,986 126,529 399,515

2. DONATIONS AND LEGACIES LEGACIES
31.8.21 31.8.20
Donations &gills
Grants
Commission
received		 3,177
47,673
320		 13,377
41,901
51,170 55.278
Grants received, included in the above, are as follows:
31.8.21 31.8.20
Grants from UKCS 47,673 f,
41,901
INCOME FROM CHARITABLE ACTIVITIES
31.8.21 31.8.20
Actlvi(7
Fees receivable
Bursaries		 Provision ofeducation
Provision ofeducation		 1,232,258
(63,715)		 1,220,441
(61,970)
1,168,543 1,158,471
4. OTHER INCOME
31.8.21 31.8.20
f f
Government
Furlough		 Grant 25.306 65.314
5. CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
Costs note 6) Totals
Provision ofeducation
Governance
costs		 1.110,262 30,81$ 11,640 f
1,141,080
11,640
1,110,262 42,458 1.152,720

Governance
Management
f		 Finance cosE
f		 Totals
Provision of education 30,385 433 30,818
Governance costs 11,640 11,640
30,385 433 11.640 42,458
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
31.8.21 31.8.20
f
Auditors' remuneration 8,400 8,400
Depreciation - owned assets 6,649 8,184

31.8.21 31.8.20
f f.
Wages and salaries 840,839 897,352
Other pension costs 28,478 46,958
869,317 944,310
The average monthly number ofemployees during the year was as follows:
31.8.21 31.8.20
Teaching staff 23 24
Administrative staff 8 8
31 32
The number ofemployees whose employee benefits (excluding employer pension costs) exceeded f60000was:
31.8.21 31.8.20
BN,00) - f70.000 1 1

TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings
f		 equipment Totals
f
COST
At 1 September 2020 39,714 53,712 93,426
Additions 907 3,937 4.844
At 31August 2021 40.621 57,649 98.270
DEPRECIATION
At 1 September 2020 34,850 51,912 86,762
Charge for year 4,062 2,587 6,649
At 31August 2021 38,912 54,499 93,411
NET BOOKVALVE
At 31August 2021 1,709 3,150 4,859
At 31August 2020 4,864 1,800 6,664
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.21 31.8.20
f
Trade debtors 789 2,965
Government Furlough Grant 9,835
Prepayments 10,624 14,215
11,413 27,015
CREDITORS: AMOUNTS FALLING DVEWITHIN ONE YEAR
31.8.21 31.8.20
f f
Trade creditors 20.150 15,728
Social security and other taxes 13,757
Employees Tax Rebate 3.665 3,665
Deposit held 168,261 114,002
Fees in advance 184.420 206.140
Pension 4,327
Accruals and deferred income 9,920 11,974
386,416 369,593

MOVKM KN T IN FUNDS
Net
movement At
Al 1.9.20 in funds 31.8.21
Unrestricted funds
General fund (62,928) 92,299 29,371
TOTAL FUNDS (62,928) 92,299 29,371
Nel movement in funds, included in the above are as folio~a:
Incoming Resources Movement
resources
f		 expended
f.		 in funds
Unrestricted funds
General fund 1,245,019 (1,152,720) 92,299
TOTALFUNDS 1,245,019 (1,152,720) 92,299
Comparatives for movement in funds
Nel
movement At
At 1.9.19 in funds 31.8.20
f f
Unrestricted funds
General fund (86,851) 23,923 (62,928)
TOTAL FUNDS (86,851) 23,923 (62,928)
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 1,279.063 (1.255, 140) 23.923
TOTAL FUNDS 1,279,063 (1.255,140) 23,923

Net
movement At
At 1.9.19 in funds 31.8.21
f f
Unrestricted funds
General
fund		 (86,851) 116,222 29.371
TOTAL FUNDS (86,851) 116,222 29,371
A current year 12 months and prior year 12 months combined net movement
in		 funds, included in the above are
follows:
incoming Resources Movement
resources
f		 expended
f		 in funds
Unrestricted fuads
General fund 2.524,082 (2.407,860) 116,222
TOTALFUNDS 2,524,082 (2,407,860) 116,222

for the Year Ende d 31August 2021
31.8.21 31.8.20
INCOME AND ENDOWMENTS
Donations
and legacies
Donations
tk gills		 3.177 13,377
Grants 47,673 41,901
Commission
received		 320
51.170 55,278
Charitable
activities
Fees receivable 1,232,258 1,220,441
Bursaries (63,715) (61,970)
1,168,543 1.158.471
Other income
Government
Furlough		 Grant 25,306 65,314
Total incoming resources 1,245,019 1,279,063
EXPENDITURE
Charitable
activities
Wages incl social security 810,454 851,246
Pensions 28,478 46,958
Rates 9,416 9,255
Insurance 5,496 6,040
Light and heat 9,523 9,854
Telephone 8,315 8,661
Printing,
stationery		 and postage 9,314 8,751
Advertising 632 9,250
Sundries 1.265 1,685
Hire ofpremises 2,808 6,016
Membership 9,153 10,982
Classroom resources Sr books 26,935 20,856
Tralnlng
courses		 3,960 12.269
Repairs &renewals 13,368 7,941
Computer
expenses		 12,331 13,878
Cleaning 17,084 16,099
Rent 135,081 135,081
Bad Debts written off 10,072
Charitable
donations		 3,958
Fixtures and fittings - Depn 4,062 3,971
Computer
equipment		 - Depn 2,587 4,213
1,110,262 1,197,036

Detailed Statement ofFinancial Activities Detailed Statement ofFinancial Activities Detailed Statement ofFinancial Activities
for the Year Ended 31August 2021
31.8.21 31.8.20
Support costs
Management
Subcontractors costs 30,385 46,106
Finaace
Bank charges 433 358
Governance costs
Auditors'
remuneration		 8,400 8.400
Payroll expenses(Gross) 3,240 3,240
11,640 11,640
Total resources expended 1,152„720 1,255,140
Net income 92,299 23,923