**REGISTERED COMPANY NUMBER: 06156711 (England and Wales) REGISTERED CHARITY NUMBER: 1140307**
## **Report of the Trustees and**
**Unaudited Financial Statements**
**for the Year Ended 31 August 2021**
## **for**
**Zelda School (A Company Limited by Guarantee)**
Roy Pinnock & Co LLP Chartered Certified Accountants Wren House 68 London Road St Albans Hertfordshire AL1 1NG
**Zelda School**
## **Contents of the Financial Statements for the Year Ended 31 August 2021**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 4|
|**Independent Examiner's Report**|5|
|**Statement of Financial Activities**|6|
|**Balance Sheet**|7 to 8|
|**Notes to the Financial Statements**|9 to 17|
|**Detailed Statement of Financial Activities**|18 to 19|
**Zelda School**
## **Report of the Trustees for the Year Ended 31 August 2021**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES Objectives and aims**
The Charity's objective is:
"The advancement of education for children by establishing and running a primary school and otherwise supporting the education of young children."
At Zelda School we aim to develop happy,self-disciplined and motivated children. Children learn through play and projects, either individually or collaboratively. This is a place where parents and members of the wider community can take an active role in school life and where people are not measured against each other but against their own potential.
We aim to teach a love of learning and to stimulate natural curiosity by:
- Recognising each child's needs, talents and interests;
- Supporting the individual's style of learning by allowing them to create their own projects within the curriculum; and
- Giving children the motivation and reasons to research and study, allowing them to extend themselves.
We aim to provide children with the knowledge, skills and confidence to become democratic, self-respecting, loving adults.
## **Significant activities**
This year we have continued to run Zelda School as a two class school at Holifield Farm in Cornwall, for up to 30 children each day.
Zelda Schools are small environmentally friendly schools, with buildings and furniture made from sustainable materials. We have been developing our gardens with the children and have a lovely vegetable patch with a poly-tunnel, a small woodland and an outdoor learning area. Outdoor learning and the environment are key features of education at Zelda School. There is a stable and highly committed team of staff working at Zelda School.
Future developments will be focused on consolidating the provision at Holifield Farm. We continue to explore opportunities to further extend the Zelda School ethos to older groups of children and children in other geographical areas, and expand further into offering outdoor learning teacher training for mainstream school teachers.
This year has continued to see significant disruption at Zelda School due to the effects of the Covid-19 pandemic. For significant periods of time we have been unable to open our buildings to our school pupils, but have concentrated on supporting our staff and families remotely during these periods, and making sure that our school is safe for everyone to return when possible. Our organisation remains in a strong position to enhance learning in West Cornwall and we are looking forward to returning to full opening with families once again attending events at Zelda School as soon as possible.
Page 1
**Zelda School**
## **Report of the Trustees for the Year Ended 31 August 2021**
## **OBJECTIVES AND ACTIVITIES**
## **Public benefit**
The trustees have given due consideration to Charity Commission published guidance on the operation of the Public Benefit requirement.
## **Volunteers**
We would like to thank the many parents and carers who commit so much time and energy to Zelda School and make the running of a school like this possible. The support of parents who clean, come to workdays and support the school fundraising activities are much appreciated by the trustees and is recognised as vital to building the school community.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
The primary focus of our charity is the operation of a small school in Cornwall, for up to 30 children each day at Holifield farm in Gweek. Overall, around 50 families have benefited from the education provided at Zelda School over the last year, and 11 people are employed by Zelda School. Our school at Holifield continues to operate from from 2 yurt classrooms. Future plans for development of the school site include replacement of the current school kitchen and investigation of improved access routes to the school in collaboration with our landowners.
We have made further links with the wider community and worked hard as a school community to raise funds for additional equipment to enhance the educational experience of all the children who attend Zelda School.. Our Holifield Farm school continues to be rated as 'Good' with outstanding features following our last inspection in 2015.
## **Fundraising activities**
Zelda School is fortunate to have a very active school community which organises many fundraising events throughout the course of each year. Fundraising efforts have focused on raising funds for additional resources for the school, with the added benefit that the events are enjoyed by all who attend. We hope to be able to resume these activities when Covid 19 restrictions allow.
## **FINANCIAL REVIEW**
## **Financial position**
The school made an overall net deficit of £6,065 this year.
The principal sources of income were school fees of £67,692 (2020 £62,753) and Early Learning Scheme fees of £56,961 (2020 £62,400). The school also received government grants of £7,284 (2020 £26,408).
Overall costs were £6,979 higher than last year.
The school has taken out a government backed "Bounce back" loan of £20,000 over the next 5 years to help it through these difficult times.
## **Reserves policy**
As the charity is a relatively new company, the trustees are seeking to build up the reserves to a level which could support the operations of the charity during any temporary reduction in local authority income.. The trustees are therefore working towards holding reserves of approximately six months core expenditure and the charity currently holds reserves equivalent to three months' planned expenditure.
Page 2
**Zelda School**
## **Report of the Trustees for the Year Ended 31 August 2021**
## **FUTURE PLANS**
We have been working with external business coaches to create the Zelda School vision for the next five years. Part of this has been to clearly define our strategic focus, which is 'To develop and innovate outdoor and child-led learning and to impact mainstream education.' The primary way in which we achieve this is by running the school and constantly testing and innovating new methods of outdoor learning (inspired to a large extent by the children's ideas). When Covid restrictions allow we plan to resume running teacher-training courses at Zelda School, which are very well received by teachers from mainstream schools who wish to learn how to bring their teaching 'outside'.
Future plans include increased exposure for senior staff members at conferences and workshops around the country, which is important to keep them connected with the wider educational landscape,and also for raising the profile of what we do at Zelda School.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, its Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **Recruitment and appointment of new trustees**
Potential new trustees are invited to attend the next trustees' meeting and given an information pack in order for them to understand the role. Should they wish to be considered further they are invited to explain how and why they would like to be involved, and the existing board votes on whether to accept their application. If successful, background checks are carried out before being approved by Ofsted.
## **Organisational structure**
|**Organisational structure**||
|---|---|
|Chairperson|Mrs Kathryn J White|
|Secretary|Mrs Zelda Astley|
|Treasurer|Dr Russ Monhemius|
|Management of school|Mrs Zelda Astley|
|Other|Mrs T Robertson|
## **Wider network**
This year we are again very grateful for all the support from Holifield Farm Project who have given us the use of the land on which we run Zelda School for a very low rent and have also allowed us to share their fabulous resources at Holifield Farm. This year has once again seen a focus on the core strengths of Zelda School, and a strengthening of the development plans for the future. We have additionally strengthened our links with local education providers by providing school based training sessions for staff, focussed on outdoor learning, and continued to share events where possible.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
06156711 (England and Wales)
## **Registered Charity number**
1140307
Page 3
**Zelda School**
## **Report of the Trustees**
## **for the Year Ended 31 August 2021**
## **Registered office**
Trewince Farm Manaccan Helston Cornwall TR12 6JD
## **Trustees**
Miss Z C Astley Teacher Dr R Monhemius Trustee Ms A Roberts Film Director (resigned 13.5.21) Mrs T E Robertson Artist and Housewife Mrs K J White Copywriter
## **Company Secretary**
Miss Z C Astley
## **Independent Examiner**
Natalie Coleman FCCA Roy Pinnock & Co LLP Chartered Certified Accountants Wren House 68 London Road St Albans Hertfordshire AL1 1NG
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 29 April 2022 and signed on its behalf by:
Miss Z C Astley - Trustee
Page 4
**Independent Examiner's Report to the Trustees of Zelda School**
## **Independent examiner's report to the trustees of Zelda School ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2021.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Natalie Coleman FCCA Roy Pinnock & Co LLP Chartered Certified Accountants Wren House 68 London Road St Albans Hertfordshire AL1 1NG
29 April 2022
Page 5
**Zelda School**
## **Statement of Financial Activities**
## **(Incorporating an Income and Expenditure Account) for the Year Ended 31 August 2021**
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
8,249
**Charitable activities**
Primary school
124,653
Other trading activities
3
20
Investment income
4
6
**Total**
132,928
**EXPENDITURE ON**
Raising funds
-
**Charitable activities**
Primary school
135,383
Other
3,610
**Total**
138,993
**NET INCOME/(EXPENDITURE)**
(6,065)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
49,995
**TOTAL FUNDS CARRIED FORWARD**
43,930|Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-
-|31.8.21
Total
funds
£
8,249
124,653
20
6
132,928
-
135,383
3,610
138,993
(6,065)
49,995
43,930|31.8.20
Total
funds
£
26,468
125,153
524
14|
|---|---|---|---|
||||152,159
270
125,391
6,353|
||||132,014|
||||20,145
29,850|
||||49,995|
The notes form part of these financial statements
Page 6
**Zelda School**
## **Balance Sheet**
## **31 August 2021**
|Unrestricted
Restricted
fund
fund
Notes
£
£
**FIXED ASSETS**
Tangible assets
10
6,296
-
**CURRENT ASSETS**
Debtors
11
5,164
-
Cash at bank and in hand
53,677
-
58,841
-
**CREDITORS**
Amounts falling due within one year
12
(4,874)
-
**NET CURRENT ASSETS**
53,967
-
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
60,263
-
**CREDITORS**
Amounts falling due after more than one
year
13
(16,333)
-
**NET ASSETS**
43,930
-
**FUNDS**
15
Unrestricted funds
**TOTAL FUNDS**|31.8.21
Total
funds
£
6,296
5,164
53,677
58,841
(4,874)
53,967
60,263
(16,333)
43,930
43,930
43,930|31.8.20
Total
funds
£
7,829
4,961
40,693
45,654
(3,488)
42,166
49,995
-
49,995
49,995
49,995|
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 7
**Zelda School**
## **Balance Sheet - continued 31 August 2021**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 29 April 2022 and were signed on its behalf by:
Z C Astley - Trustee
The notes form part of these financial statements
Page 8
**Zelda School**
## **Notes to the Financial Statements for the Year Ended 31 August 2021**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Management accounts are compared to termly projections of income and expenditure and reserves are maintained equivalent to three months' planned expenditure, of which staff salaries are the largest commitment.
Although the school has been closed for part of the past year, due to the Covid 19 pandemic, a Bounce back loan of £20,000 together with the furloughing of staff have enabled the school to continue to meet its costs. In the opinion of the trustees the charity is a going concern.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Governance costs**
Governance costs include the costs of preparation and examination of the statutory accounts, the costs of trustee meetings and the cost of any legal advice to trustees on governance or constitutional matters.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
|Yurt & Buildings|- 25% on reducing balance|
|---|---|
|Equipment|- 25% on reducing balance|
Tangible assets are capitalised if they can be used for more than one year and cost at least £500. They are valued at cost or, if gifted, at the value to the charity on receipt.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
continued...
Page 9
**Zelda School**
## **Notes to the Financial Statements - continued for the Year Ended 31 August 2021**
## **1. ACCOUNTING POLICIES - continued**
## **Fund accounting**
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Debtors**
Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid after taking account of any trade discounts due.
## **Creditors**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **2. DONATIONS AND LEGACIES**
|Donations
Grants
Grants received, included in the above, are as follows:
Small Business Grant
Coronavirus Jobs Retention Scheme
First year interest Bounceback loan|31.8.21
£
965
7,284
8,249
31.8.21
£
-
6,826
458
7,284|31.8.20
£
60
26,408|
|---|---|---|
|||26,468|
|||31.8.20
£
10,000
16,408
-|
|||26,408|
continued...
Page 10
**Zelda School**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 August 2021**
|**3.**|**OTHER TRADING ACTIVITIES**|||||
|---|---|---|---|---|---|
||||31.8.21||31.8.20|
|||||£|£|
||Fundraising events|||-|524|
||Other income|||20|-|
|||||20|524|
|**4.**|**INVESTMENT INCOME**|||||
||||31.8.21||31.8.20|
|||||£|£|
||Bank interest receivable|||6|14|
|**5.**|**SUPPORT COSTS**|||||
||||Governance|||
|||Management|costs||Totals|
|||£||£|£|
||Other resources expended|184||1,327|1,511|
||Primary school|3,229||690|3,919|
|||3,413||2,017|5,430|
|**6.**|**NET INCOME/(EXPENDITURE)**|||||
||Net income/(expenditure) is stated after charging/(crediting):|||||
||||31.8.21||31.8.20|
|||||£|£|
||Independent examiner's remuneration|||870|844|
||Depreciation - owned assets|||2,098|2,876|
|**7.**|**TRUSTEES' REMUNERATION AND BENEFITS**|||||
||||31.8.21||31.8.20|
|||||£|£|
||Trustees' salaries||26,688||25,266|
||Trustees' social security|||306|1,157|
||Trustees' pension contributions to money purchase schemes|||510|403|
||||27,504||26,826|
||The trustees' salaries shown above are as follows:|||||
||Zelda Astley|Headteacher|||£23,263|
|||Administrati||||
||Russ Monhemius||on||£3,425|
||Pension contributions made on behalf of trustees are as follows:|||||
||Zelda Astley|Headteacher|||£510|
continued...
Page 11
**Zelda School**
## **Notes to the Financial Statements - continued for the Year Ended 31 August 2021**
## **7. TRUSTEES' REMUNERATION AND BENEFITS - continued**
These payments are made under the authority of the Memorandum of Association.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 August 2021 nor for the year ended 31 August 2020.
## **8. STAFF COSTS**
|31.8.21
£
Wages and salaries
111,402
Social security costs
781
Other pension costs
1,614
113,797
The average monthly number of employees during the year was as follows:
31.8.21
Teachers
3
Teaching assistants
2
Cook
-
Administrator
1
6
No employees received emoluments in excess of £60,000.
**9.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
Restricted
fund
fund
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
26,468
-
**Charitable activities**
Primary school
125,153
-
Other trading activities
524
-
Investment income
14
-
**Total**
152,159
-
**EXPENDITURE ON**
Raising funds
270
-|31.8.20
£
105,300
1,805
1,290
108,395
31.8.20
3
3
1
1
8
Total
funds
£
26,468
125,153
524
14
152,159
270|31.8.20
£
105,300
1,805
1,290
108,395
31.8.20
3
3
1
1
8
Total
funds
£
26,468
125,153
524
14
152,159
270|
|---|---|---|
||||
|||152,159
270|
continued...
Page 12
**Zelda School**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 August 2021**
|**9.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||fund|fund|funds|
||||£|£|£|
||**Charitable activities**|||||
||Primary school||125,391|-|125,391|
||Other||6,353|-|6,353|
||**Total**||132,014|-|132,014|
||**NET INCOME**||20,145|-|20,145|
||**RECONCILIATION OF FUNDS**|||||
||**Total funds brought forward**||29,850|-|29,850|
||**TOTAL FUNDS CARRIED**|||||
||**FORWARD**||49,995|-|49,995|
|**10.**|**TANGIBLE FIXED ASSETS**|||||
|||Yurt &|Furniture|||
|||Buildings|& fixtures|Equipment|Totals|
|||£|£|£|£|
||**COST**|||||
||At 1 September 2020|34,695|2,423|11,816|48,934|
||Additions|565|-|-|565|
||At 31 August 2021|35,260|2,423|11,816|49,499|
||**DEPRECIATION**|||||
||At 1 September 2020|31,606|1,699|7,800|41,105|
||Charge for year|913|181|1,004|2,098|
||At 31 August 2021|32,519|1,880|8,804|43,203|
||**NET BOOK VALUE**|||||
||At 31 August 2021|2,741|543|3,012|6,296|
||At 31 August 2020|3,089|724|4,016|7,829|
continued...
Page 13
**Zelda School**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 August 2021**
|**11.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|---|---|---|---|
|||31.8.21|31.8.20|
|||£|£|
||Other debtors|4,476|3,965|
||Prepayments and accrued income|688|996|
|||5,164|4,961|
||Other debtors is made up as follows:|||
|||31.8.21|31.8.20|
|||£|£|
||School fees|4,476|3,965|
|**12.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|||31.8.21|31.8.20|
|||£|£|
||Bank loans and overdrafts (see note 14)|3,667|-|
||Social security and other taxes|(138)|876|
||Other creditors|-|11|
||Deferred income|144|1,683|
||Accrued expenses|1,201|918|
|||4,874|3,488|
Deferred income represents school fees received in the year before that to which they relate.
||**2021**|**2020**|
|---|---|---|
|Balance brought forward|1683|224|
|Released during the year|-1683|-224|
|Received during the year|144|1683|
|Balance carried forward|144|1683|
continued...
Page 14
**Zelda School**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 August 2021**
|**13.**|**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN**|**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN**|**ONE YEAR**|||
|---|---|---|---|---|---|
||||31.8.21|31.8.20||
||||£|£||
||Bank loans (see note 14)||16,333||-|
|**14.**|**LOANS**|||||
||An analysis of the maturity of loans is given below:|||||
||||31.8.21|31.8.20||
||||£|£||
||Amounts falling due within one year on demand:|||||
||Bank loans||3,667||-|
||Amounts falling between one and two years:|||||
||Bank loans - 1-2 years||4,000||-|
||Amounts falling due between two and five years:|||||
||Bank loans - 2-5 years||12,000||-|
||Amounts falling due in more than five years:|||||
||Repayable by instalments:|||||
||Bank loans more 5 yr by instal||333||-|
|**15.**|**MOVEMENT IN FUNDS**|||||
||||Net|||
||||movement|At||
|||At 1.9.20|in funds|31.8.21||
|||£|£|£||
||**Unrestricted funds**|||||
||General fund|49,995|(6,065)|43,930||
||**TOTAL FUNDS**|49,995|(6,065)|43,930||
||Net movement in funds, included in the above are as follows:|||||
|||Incoming|Resources|Movement||
|||resources|expended|in funds||
|||£|£|£||
||**Unrestricted funds**|||||
||General fund|132,928|(138,993)|(6,065)||
||**TOTAL FUNDS**|132,928|(138,993)|(6,065)||
Page 15
continued...
**Zelda School**
## **Notes to the Financial Statements - continued for the Year Ended 31 August 2021**
## **15. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|||Net||
|---|---|---|---|
|||movement|At|
||At 1.9.19|in funds|31.8.20|
||£|£|£|
|**Unrestricted funds**||||
|General fund|29,850|20,145|49,995|
|**TOTAL FUNDS**|29,850|20,145|49,995|
|Comparative net movement in funds, included in the above are as follows:||||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|152,159|(132,014)|20,145|
|**TOTAL FUNDS**|152,159|(132,014)|20,145|
|A current year 12 months and prior year 12 months combined position is as||follows:||
|||Net||
|||movement|At|
||At 1.9.19|in funds|31.8.21|
||£|£|£|
|**Unrestricted funds**||||
|General fund|29,850|14,080|43,930|
|**TOTAL FUNDS**|29,850|14,080|43,930|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
285,087
285,087|Resources
Movement
expended
in funds
£
£
(271,007)
14,080
(271,007)
14,080|
|---|---|---|
Page 16
continued...
**Zelda School**
## **Notes to the Financial Statements - continued for the Year Ended 31 August 2021**
## **16. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 August 2021.
Page 17
**Zelda School**
## **Detailed Statement of Financial Activities**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Grants
**Other trading activities**
Fundraising events
Other income
**Investment income**
Bank interest receivable
**Charitable activities**
School fees
Early Learning Scheme fees
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Costs of fundraising
**Charitable activities**
Trustees' salaries
Trustees' social security
Trustees' pension contributions
Wages
Social security
Pensions
Educational supplies
Food supplies
Staff training
School outings
DBS and ID checks
Carried forward|**for the Year Ended 31 August 2021**|31.8.21
£
965
7,284
8,249
-
20
20
6
67,692
56,961
124,653
132,928
-
26,688
306
510
84,714
475
1,104
3,909
8,675
917
254
192
127,744|31.8.20
£
60
26,408|
|---|---|---|---|
||||26,468
524
-|
||||524
14
62,753
62,400|
||||125,153|
||||152,159
270
25,266
1,157
403
80,034
648
887
2,475
4,978
1,096
-
92
117,036|
This page does not form part of the statutory financial statements
Page 18
**Zelda School**
## **Detailed Statement of Financial Activities**
|**for the Year Ended 31 August 2021**
**Charitable activities**
Brought forward
Motor & travel
Registration fees
Repairs & renewals
Light & heat
Rent
Ofsted inspections
**Other**
Depn of yurt & buildings
Depn of fixtures & fittings
Depn of equipment
**Support costs**
**Management**
Insurance
Telephone
Printing postage & stationery
Advertising
Sundries
Cleaning
Internet & website
Fire safety
Pest control
**Governance costs**
Independent examiner's remuneration
Payroll
Bank charges
Bank interest
Total resources expended
**Net (expenditure)/income**|31.8.21
£
127,744
37
35
574
966
1,400
708
131,464
914
181
1,004
2,099
719
112
279
-
427
1,261
444
-
171
3,413
870
687
2
458
2,017
138,993
(6,065)|31.8.20
£
117,036
486
35
1,252
940
1,400
1,792|
|---|---|---|
|||122,941
1,296
241
1,339|
|||2,876
710
179
494
26
432
1,310
531
98
576|
|||4,356
844
725
2
-|
|||1,571|
|||132,014|
|||20,145|
This page does not form part of the statutory financial statements
Page 19