|||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|