**REGISTERED COMPANY NUMBER: 07527381 (England and Wales) REGISTERED CHARITY NUMBER: 1142582**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 AUGUST 2021**
## **FOR**
## **THE EMSCOTE SCHOOL**
Harrison Beale & Owen Limited Chartered Accountants Highdown House 11 Highdown Road Leamington Spa Warwickshire CV31 1XT
**THE EMSCOTE SCHOOL**
## **CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 August 2021**
|||**Page**||
|---|---|---|---|
|**Reference and Administrative Details**||1||
|**Report of the Trustees**|2|to|4|
|**Independent Examiner's Report**||5||
|**Statement of Financial Activities**||6||
|**Balance Sheet**||7||
|**Notes to the Financial Statements**|8|to|15|
|**Detailed Statement of Financial Activities**|16|to|17|
**THE EMSCOTE SCHOOL**
## **REFERENCE AND ADMINISTRATIVE DETAILS for the year ended 31 August 2021**
**TRUSTEES** Mr William Holland Chairman Mr Richard Hardy Director Mrs Sally Andrews Director Mr Andrew Parker Trustee
**REGISTERED OFFICE** Highdown House 11 Highdown Road Leamington Spa Warwickshire CV31 1XT **REGISTERED COMPANY** 07527381 (England and Wales) **NUMBER REGISTERED CHARITY** 1142582 **NUMBER INDEPENDENT EXAMINER** Harrison Beale & Owen Limited Chartered Accountants Highdown House 11 Highdown Road Leamington Spa Warwickshire CV31 1XT **BANKERS** United Trust Bank 80 Haymarket London SW1Y 4TE **SOLICITORS** Band Hatton Button LLP 25 Warwick Road Coventry CV1 2EZ
Page 1
**THE EMSCOTE 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).
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association and the Statement of Recommended Practice - Accounting and Reporting by Charities (SORP 2005).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.
The Emscote School aims to act as a educational resource for young people, aged 11 to 16 years providing a safe environment focusing primarily on emotional wellbeing and providing them with pastoral and an alternative education from school.
The Emscote School provide support and activities for young people which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals.
## **Alternative Education Programmes and Alignment of Financial and Academic Years**
Much of the work of our alternative education programmes takes place during school hours and in term time. There are three terms per academic year.
The alternative education programmes represent all the charities activities.
The Emscote School have been able to remain focussed by delivering, what commissioners require and most importantly that relate directly to the needs of the young people referred.
The Emscote School continue to achieve considerable success in working with young people whose journey through school has become difficult and/or impossible.
The Emscote School alternative education provision continues to offer programmes for those young people who struggle with mainstream education.
Young people are referred for individual, group or online work via behaviour partnerships, allied professionals and schools.
## **Public benefit**
The Council referred to the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In the following pages this report demonstrates the public benefit of our work and how we have worked towards The Emscote School strategic aims.
Page 2
**THE EMSCOTE SCHOOL**
## **REPORT OF THE TRUSTEES for the year ended 31 August 2021**
## **ACHIEVEMENT AND PERFORMANCE Alternative Education Programmes**
This provision is for secondary students who are:
## (a) At risk of exclusion
- (b) Have been permanently excluded
- (c) In need of support for access to education
Working closely with partners, commissioners and schools The Emscote School provide educational support packages for each young person towards:
(a) Achievement
(b) Improved self-esteem
(c) Improved awareness and
(d) Improved motivation
Organised sessions also identify issues with behaviour and anger management and allow young people to develop skills and strategies to control themselves in situations where they may previously have struggled.
The school offers alternative education provision for those young people who struggle with mainstream education. The programme provides individually devised education packages, targeting individual needs identified from background information and, in some cases, a Statement of Educational Need. Support is offered in key areas such as literacy and numeracy, science and PSHe. The Educational programmes focus on:
(a) Consequences of actions,
(b) Anger management
- (c) Issues relating to self-worth and self-esteem.
Where appropriate young people progress onto vocational courses at college. Online learning provides educational opportunities.
Currently the main subjects are offered (Maths, Science, Humanities and English).
## **Managing Behaviour**
The Emscote School have evidence that there is a clear focus on addressing behavioural, social and emotional needs in preparation for returning to school. At the start of the day students are greeted with tea and toast and an opportunity to chat about any issues before they commence their learning programmes.
On a daily basis, as part of the programme, young people attending are able to talk through problems with staff throughout the day and obtain support for issues such as low self-esteem and anger management is available.
## **FINANCIAL REVIEW**
## **Reserves policy**
The trustees have examined the charity's requirements for reserves in light of the main risks to the organisation. It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should equal one years' expenditure. This is to ensure that the charity has sufficient working capital to support committed alternative education programmes for a year. Budgeted annual expenditure is £400,000, therefore the target level of general reserves is £400,000. The present level of reserves available to the charity of £483,003 (2020 - £488,044) therefore meets this target.
Details of the financial position of the charity are set out in the attached financial statements. Income for the year totalled £358,923 (2020 - £513,739) and expenditure totalled £363,964 (2020 - £469,133). Net expenditure resources totalled £5,041 (2020 - net incoming resources of £44,606).
Unrestricted reserves at the year end amounted to £483,003 (2020 - £488,044) and these comprised general reserves of £479,700 (2020 - £480,046) and a designated fixed asset fund of £3,303 (2020 - £7,998). Restricted reserves amounted to £nil (2020 - £nil) at the year end.
Page 3
**THE EMSCOTE SCHOOL**
## **REPORT OF THE TRUSTEES for the year ended 31 August 2021**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Structure, governance and management**
The charity is a charitable company limited by guarantee, as defined by the Companies Act 2006, incorporated on 11 February 2011 and registered as a charity on 24 June 2011. The company was established under a Memorandum of Association which established the objects and powers of the company and is governed under its Articles of Association. In the event of the company being wound up the trustees are required to contribute an amount not exceeding £10.
The 'Board of Trustees' comprises the directors of the company. A list of those who served in these capacities during the period is set out on page 1. The trustees meet on a regular basis and are responsible for the strategic direction and policy of the charity. The board consists of five trustees from a variety of professional backgrounds relevant to the work of the charity. The 'Board of Trustees' give their time voluntarily and have received no benefits from the charity.
The overall day-to-day management of the charity is carried out by the Principal who is directly responsible to the trustees. The Principal is responsible for ensuring that the charity delivers the services specified and that the performance indicators are met.
New trustees are elected by the 'Board of Trustees'. New trustees are inducted during their first trustees' meeting. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.
## **Risk management**
Internal risks are minimised by the implementation of internal control procedures for authorisation of transactions and projects. Procedures are in place to ensure compliance with Child Protection and Health and Safety policies and procedures. These procedures are reviewed periodically to ensure they still meet the needs of the charity.
External audits of the charity's polices and procedures, with particular regard to Child Protection, are undertaken by representatives of the commissioning agencies, schools and local authorities.
Approved by order of the board of trustees on 7 June 2022 and signed on its behalf by:
Mr William Holland - Trustee
Page 4
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE EMSCOTE SCHOOL**
## **Independent examiner's report to the trustees of The Emscote 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**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ICAEW which is one of the listed bodies.
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.
Simon Justin Turner BA(Hons) HND FCA ICAEW Harrison Beale & Owen Limited Chartered Accountants Highdown House 11 Highdown Road Leamington Spa Warwickshire CV31 1XT
7 June 2022
Page 5
## **THE EMSCOTE SCHOOL**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) for the year ended 31 August 2021**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
**Charitable activities**
Provision of advice, assistance and programmes
**270,605**
Investment income
2
**-**
Other income
**88,318**
**Total**
**358,923**
**EXPENDITURE ON**
**Charitable activities**
3
Provision of advice, assistance and programmes
**363,964**
**NET INCOME/(EXPENDITURE)**
**(5,041)**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**488,044**
**TOTAL FUNDS CARRIED FORWARD**
**483,003**|Restricted
funds
£
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**2021**
**Total**
**funds**
**£**
**270,605**
**-**
**88,318**
**358,923**
**363,964**
**(5,041)**
**488,044**
**483,003**|2020
Total
funds
£
452,855
1,472
59,412|
|---|---|---|---|
||||513,739
469,133|
||||44,606
443,438|
||||488,044|
## **CONTINUING OPERATIONS**
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 6
## **THE EMSCOTE SCHOOL**
## **BALANCE SHEET 31 August 2021**
|Notes
**FIXED ASSETS**
Tangible assets
11
**CURRENT ASSETS**
Debtors
12
Cash at bank
**CREDITORS**
Amounts falling due within one year
13
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
15
Unrestricted funds
**TOTAL FUNDS**|**2021**
**£**
**5,351**
**48,405**
**443,137**
**491,542**
**(13,890)**
**477,652**
**483,003**
**483,003**
**483,003**
**483,003**|2020
£
7,998
39,313
452,912
492,225
(12,179)
480,046
488,044
488,044
488,044
488,044|
|---|---|---|
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.
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 7 June 2022 and were signed on its behalf by:
Mr William Holland - Trustee
The notes form part of these financial statements
Page 7
**THE EMSCOTE 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below.
The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows;
- the requirement of paragraph 3.17(d);
- the requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);
- the requirements of paragraphs 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A.
## **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 are those incurred in connection with governance of the charity and its assets and compliance with constitutional and statutory requirements.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Pods - Straight line over 10 years Leasehold improvements - Straight line over 10 years Equipment in Pods and storage - 33.3% on reducing balance Office equipment - Straight line over 3 years
Fixed assets are stated at cost less accumulated depreciation. The cost of minor additions or those costing below £500 are not capitalised.
Fixed assets previously under the ownership of the Warwickshire County Council were transferred to the charity during the period ended 31 March 2012. The assets were valued in accordance with the insurance policy.
## **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 8
**THE EMSCOTE SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2021**
## **1. ACCOUNTING POLICIES - continued**
## **Fund accounting**
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
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.
## **Financial instruments**
Debtors and creditors with no stated interest rate and receivable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement.
## **Operating leases**
Rentals applicable to operating leases are charged to the statement of financial activities over the period in which the cost is incurred.
## **2. INVESTMENT INCOME**
|Deposit account interest
**3.**
**CHARITABLE ACTIVITIES COSTS**
Provision of advice, assistance and
programmes
**4.**
**DIRECT COSTS OF CHARITABLE ACTIVITIES**
Staff costs
Rent and rates
Insurance
Postage, stationery and telephone
Travelling
Sundry expenditure
Repairs and renewals
Refreshments for Young People
Heat, light and fuel
Advertising
Cleaning
Training projects
IT consumables
Carried forward|Direct
Costs (see
note 4)
£
**339,735**|**2021**
**£**
**-**
Support
costs (see
note 5)
£
**24,229**
**2021**
**£**
**254,625**
**3,484**
**5,676**
**10,597**
**102**
**8,477**
**16,621**
**2,738**
**12,128**
**-**
**1,262**
**16,084**
**1,990**
**333,784**|2020
£
1,472
Totals
£
**363,964**|
|---|---|---|---|
||||2020
£
308,346
4,122
5,664
13,134
1,542
2,775
30,542
4,724
14,886
382
245
52,587
2,642|
||||441,591|
continued...
Page 9
**THE EMSCOTE SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2021**
## **4. DIRECT COSTS OF CHARITABLE ACTIVITIES - continued**
|Brought forward
Subscriptions
Depreciation
**5.**
**SUPPORT COSTS**
Provision of advice, assistance and
programmes
**6.**
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets
Surplus on disposal of fixed assets
**7.**
**INDEPENDENT EXAMINERS' REMUNERATION**
Independent examination services|**2021**
2020
**£**
£
**333,784**
441,591
**1,256**
-
**4,695**
6,145
**339,735**
447,736
Governance
costs
£
**24,229**
**2021**
2020
**£**
£
**4,695**
6,144
**-**
(635)
**2021**
2020
**£**
£
**4,040**
4,000|
|---|---|
## **8. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 August 2021 nor for the year ended 31 August 2020.
## **Trustees' expenses**
During the period no trustees were reimbursed expenses.
## **9. STAFF COSTS**
|Wages and salaries
Social security costs
Other pension costs|**2021**
**£**
**239,106**
**13,485**
**2,034**
**254,625**|2020
£
292,158
13,928
2,260|
|---|---|---|
|||308,346|
continued...
Page 10
**THE EMSCOTE SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2021**
## **9. STAFF COSTS - continued**
The average monthly number of employees during the year was as follows:
|Chief Executive Officer
Activity workers
Centre Manager
Key Worker|**2021**
**1**
**9**
**1**
**1**
**12**|2020
1
8
1
1|
|---|---|---|
|||11|
The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:
|||**2021**|2020|
|---|---|---|---|
|£60,001|- £70,000|**1**|-|
The total amount paid to key management personnel during the year was £61,532 (2020 - £106,881). In addition to the above staff, The Emscote School funding supports a further 3 zero-hour sessional activity staff who are available and deliver projects across the county as and when required.
## **10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
**Charitable activities**
Provision of advice, assistance and
programmes
452,855
Investment income
1,472
Other income
59,412
**Total**
513,739
**EXPENDITURE ON**
**Charitable activities**
Provision of advice, assistance and
programmes
469,133
**NET INCOME**
44,606
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
443,438
**TOTAL FUNDS CARRIED FORWARD**
488,044|Restricted
funds
£
-
-
-
-
-
-
-
-|Total
funds
£
452,855
1,472
59,412|
|---|---|---|
|||513,739
469,133|
|||44,606
443,438|
|||488,044|
continued...
Page 11
## **THE EMSCOTE SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2021**
## **11. TANGIBLE FIXED ASSETS**
|Equipment
in Pods
Leasehold
and
Office
Pods
improvements
storage
equipment
£
£
£
£
**COST**
At 1 September 2020
**10,674**
**1,951**
**2,401**
**26,587**
Additions
**-**
**-**
**-**
**2,048**
Disposals
**-**
**-**
**-**
**(12,589)**
At 31 August 2021
**10,674**
**1,951**
**2,401**
**16,046**
**DEPRECIATION**
At 1 September 2020
**10,674**
**1,448**
**2,214**
**19,279**
Charge for year
**-**
**195**
**47**
**4,453**
Eliminated on disposal
**-**
**-**
**-**
**(12,589)**
At 31 August 2021
**10,674**
**1,643**
**2,261**
**11,143**
**NET BOOK VALUE**
At 31 August 2021
**-**
**308**
**140**
**4,903**
At 31 August 2020
-
503
187
7,308
**12.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**2021**
**£**
Trade debtors
**43,592**
Prepayments
**4,813**
**48,405**
**13.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**2021**
**£**
Trade creditors
**2,380**
Social security and other taxes
**3,991**
Other creditors
**2,840**
Accrued expenses
**4,679**
**13,890**|Totals
£
**41,613**
**2,048**
**(12,589)**
**31,072**
**33,615**
**4,695**
**(12,589)**
**25,721**
**5,351**
7,998
2020
£
37,300
2,013
39,313
2020
£
1,739
3,704
1,876
4,860
12,179|
|---|---|
continued...
Page 12
## **THE EMSCOTE SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2021**
## **14. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|Unrestricted
funds
£
Fixed assets
**5,351**
Current assets
**491,542**
Current liabilities
**(13,890)**
**483,003**
**15.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
Designated fixed asset fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
Designated fixed asset fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
At 1.9.19
£
**Unrestricted funds**
General fund
434,637
Designated fixed asset fund
8,801
443,438
**TOTAL FUNDS**
443,438|Restricted
funds
£
**-**
**-**
**-**
**-**
At 1.9.20
£
**477,998**
**10,046**
**488,044**
**488,044**
Incoming
resources
£
**358,923**
**-**
**358,923**
**358,923**
Net
movement
in funds
£
50,116
(5,510)
44,606
44,606|**2021**
2020
Total
Total
funds
funds
**£**
£
**5,351**
7,998
**491,542**
492,225
**(13,890)**
(12,179)
**483,003**
488,044
Net
movement
At
in funds
31.8.21
£
£
**(346)**
**477,652**
**(4,695)**
**5,351**
**(5,041)**
**483,003**
**(5,041)**
**483,003**
Resources
Movement
expended
in funds
£
£
**(359,269)**
**(346)**
**(4,695)**
**(4,695)**
**(363,964)**
**(5,041)**
**(363,964)**
**(5,041)**
Transfers
between
At
funds
31.8.20
£
£
(4,707)
480,046
4,707
7,998
-
488,044
-
488,044|
|---|---|---|
continued...
Page 13
## **THE EMSCOTE SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2021**
## **15. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Designated fixed asset fund
**TOTAL FUNDS**|Incoming
resources
£
513,104
635
513,739
513,739|Resources
Movement
expended
in funds
£
£
(462,988)
50,116
(6,145)
(5,510)
(469,133)
44,606
(469,133)
44,606|
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
Designated fixed asset fund
**TOTAL FUNDS**|At 1.9.19
£
434,637
8,801
443,438
443,438|Net
movement
in funds
£
49,770
(10,205)
39,565
39,565|Transfers
between
funds
£
(4,707)
4,707
-
-|At
31.8.21
£
479,700
3,303|
|---|---|---|---|---|
|||||483,003|
|||||483,003|
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
Designated fixed asset fund
**TOTAL FUNDS**|Incoming
resources
£
872,027
635
872,662
872,662|Resources
Movement
expended
in funds
£
£
(822,257)
49,770
(10,840)
(10,205)
(833,097)
39,565
(833,097)
39,565|
|---|---|---|
The general fund is available for use at the discretion of trustees in furtherance of the general objectives of the charity.
The designated fixed asset fund represents the acquisition of fixed assets and the depreciation charged thereon.
continued...
Page 14
**THE EMSCOTE 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 or the year ended 31 August 2020
.
Page 15
## **THE EMSCOTE SCHOOL**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 August 2021**
|**INCOME AND ENDOWMENTS**
**Investment income**
Deposit account interest
**Charitable activities**
Programme activity
Donations
**Other income**
Gain on sale of tangible fixed assets
Other income
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Wages and salaries
Social security
Pensions
Rent and rates
Insurance
Postage, stationery and telephone
Travelling
Sundry expenditure
Repairs and renewals
Refreshments for Young People
Heat, light and fuel
Advertising
Cleaning
Training projects
IT consumables
Subscriptions
Depreciation of tangible fixed assets
**Support costs**
**Governance costs**
Auditors' remuneration for non audit work
Accountancy and legal fees
Legal fees|2021
£
**-**
**269,600**
**1,005**
**270,605**
**-**
**88,318**
**88,318**
**358,923**
**239,106**
**13,485**
**2,034**
**3,484**
**5,676**
**10,597**
**102**
**8,477**
**16,621**
**2,738**
**12,128**
**-**
**1,262**
**16,084**
**1,990**
**1,256**
**4,695**
**339,735**
**4,040**
**7,728**
**12,461**
**24,229**|2020
£
1,472
452,855
-|
|---|---|---|
|||452,855
635
58,777|
|||59,412|
|||513,739
292,158
13,928
2,260
4,122
5,664
13,134
1,542
2,775
30,542
4,724
14,886
382
245
52,587
2,642
-
6,145|
|||447,736
4,000
7,534
9,863|
|||21,397|
This page does not form part of the statutory financial statements
Page 16
**THE EMSCOTE SCHOOL**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 August 2021**
|**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**for the year ended 31 August 2021**|||
|---|---|---|
|Total resources expended
**Net (expenditure)/income**|2021
£
**363,964**
**(5,041)**|2020
£|
|||469,133|
|||44,606|
This page does not form part of the statutory financial statements
Page 17