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|Trustees'<br>report||
|---|---|
|Independent<br>auditor's|report|
|Statement<br>offinancial|activities|
|Balance sheet||
|Statement<br>ofcash flows||
|Notes to the financial|statements|





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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2020|2020|2020|2019|2019|2019|
|||Notes|f.||E.|F|||
|Donations<br>and|||||||||
|legacies<br>Charitable<br>activities||3<br>4|155,372<br>2,043,032||155,372<br>2,043,032|9,887<br>1,828,733|55,984|65,871<br>1,828,733|
|Total income|||2,198,404||2,198,404|1,838,620|55,984|1,894,604|
|Charitable<br>activities||5|2,028,342||2,028,342|1,757,321||1,757,321|
|Other||10|77,710||77,710|79,766||79,766|
|Total resources|||||||||
|expended|||2,106,052||2,106,052|1,837,087||1,837,087|
|Net income for|the year/||||||||
|Net movement|in funds||92,352||92,352|1,533|55,984|57,517|
|Fund balances at 1|||||||||
|September 2019|||1,533,710|4,895,196|6,428,906|1,607,304|4,764,085|6,371,389|
|Fund balances|at 31||||||||
|August 2020|||1,626,062|4,895,196|6,521,258|1,608,837|4,820,069|6,428,906|





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||||||2020||2019|
|---|---|---|---|---|---|---|---|
||||Notes|||||
|Fixed assets||||||||
|intangible|assets||11||33,864|||
|Tangibie assets|||12||8,936,160||8,898,191|
||||||8,970,024||8,898,191|
|Current assets||||||||
|Debtors|||13|307,566||252,401||
|Cash at bank and in||hand||108,688||31,170||
|||||416,254||283,571||
|Creditors:|amaunts|falling due within||||||
|one year|||15|(1,118,954)||(925,579)||
|Net current|liabilities||||(702,700)||(642,008)|
|Total assets less current liabilIties|||||8,267,324||8,256, 'I 83|
|Creditors:|amounts|falling due after||||||
|more than|one year||||(1,746,066)||(1,827,277)|
|Net assets|||||6,521,258||6,428,906|
|income funds||||||||
|Restricted|funds||||4,895,196||4,820,069|
|Unrestricted|funds||||1,626,062||1,608,837|
||||||6,521,258||6,428,906|





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||||||2020||2019|
|---|---|---|---|---|---|---|---|
||||Notes|||||
|Cash flows from operating||activities||||||
|Cash generated<br>from operations|||'l9||260,202||175,331|
|investing|activities|||||||
|Purchase|of intangible<br>assets|||(33,864)||||
|Purchase|oftangible<br>fixed assets|||(73,693)||(88,319)||
|Net cash|used in investing|activities|||(107,557)||(88,319)|
|Financing|activities|||||||
|Repayment|of bank loans|||(75,127)||(106,609)||
|Net cash|used in financing|activities|||(75,127)||(106,609}|
|Net increasel(decrease)<br>in||cash and|cash|||||
|equivalents|||||77,518||(19,597}|
|Cash and|cash equivalents|at beginning|ofyear||31,170||50,767|
|Cash and|cash equivalents|at end of|year||108,688||31,170|





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||||Unrestricted|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds||
||||2020|2019|2019|2019|
|||||||E|
|Donations|and gifts||40,483|9,887|55,984|65,871|
|Government||grants|114,S89||||
||||155,372|9,887|55,984|65,871|



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||2020|2019|
|---|---|---|
||F|E|
|Teaching and school services|1,937,829|1,664,394|
|Other income|105,203|164,339|
||2,043,032|1,828,733|





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|Charitable<br>activities||||
|---|---|---|---|
|||School|School|
|||activities|activities|
|||2020|2019|
|Staff costs<br>Depreciation<br>and impairment<br>Hire of plant and equipment<br>Other operating<br>leases<br>Rates and water||1,222,750<br>35,724<br>4,413<br>75<br>39,502|921,0Q6<br>35,917<br>2,848<br>3,375<br>37,833|
|Insurance<br>Light and heat<br>Telephone<br>Postage and stationery<br>Sundries<br>Books and exam fees||20,870<br>53,810<br>3,825<br>23,807<br>3,879<br>30,719|19,997<br>53,385<br>12,009<br>13,431<br>4,224<br>37,010|
|Canteen<br>and welfare||43,671|51,639|
|Advertising<br>Computer<br>and software<br>Fire and security<br>Cleaning<br>Repairs and maintenance<br>Schooi bus||34,751<br>11,949<br>6,349<br>20,77Q<br>10,162<br>1Q,848|27,578<br>7,917<br>5,929<br>11,983<br>8,799<br>13,927|
|Legal and professional<br>Student related||38,303<br>10,865|36,288<br>20,600|
|Travel and subsistence||1,760|5,030|
|Uniform||230|386|
|Recruitment<br>costs||17,124|23,528|
|Bank charges<br>Bad debt provision||64<br>15,075|88<br>41,834|
|||1,661,295|1,396,592|
|Grant funding<br>of activities {seenote 6)<br>Share ofgovernance<br>costs (see note 7)||356,627<br>10,420|346,029<br>14,700|
|||2,028,342|1,757,321|





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||||School|School|
|---|---|---|---|---|
||||activities|activities|
||||2020|2019|
|Grants|to|institutions:|||
|Grants|to|individuals|356,627|346,029|
||||356,627|346,029|



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|Support|costs|||||||
|---|---|---|---|---|---|---|---|
|||Support|Governance|2020|Support|Governance|2019|
|||costs<br>f|costs<br>E||costs|costs||
|Audit fees|||7,20Q|7,2QQ||6,600|6,600|
|Legal and|professional||3,220|3,220||8,100|8,100|
||||10,420|10,420||14,700|14,700|
|Analysed|between|||||||
|Charitable|activities||10,420|10,420||14,700|14,700|



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|||2020|2019|
|---|---|---|---|
|||Number|Number|
|Mangement|staff|3|3|
|Teaching staff||25|25|
|Total||||





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|9|Employees|||||||(Continued}|(Continued}|
|---|---|---|---|---|---|---|---|---|---|
||Employment|costs||||||||
||Wages and salaries||||||1,141,744|867,435||
||Social security||costs||||81,006|53,571||
||||||||1,222,750|921,006||
||There were no||employees|whose annual|remuneration|was f60,000 or more.||||
|10|Other|||||||||
||||||||Unrestricted|Unrestricted||
||||||||funds||funds|
||||||||2020||2019|
||Other interest||||||9,851||3,399|
||Financing costs||||||67,859|76,367||
||||||||77,710|79,766||
|11|intangible<br>fixed assets|||||||||
||||||||Development||costs|
||Cost|||||||||
||At 1 September||2019|||||||
||Additions|||||||33,864||
||At 31August|2020|||||||33,864|
||Amortisation||and impairment|||||||
||At 1 September||2019and|31August 2020||||||
||Carrying<br>amount|||||||||
||At 31August|2020|||||||33,864|
||At 31August|2019||||||||





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|12|Tangible Axed assets|Tangible Axed assets|||||||
|---|---|---|---|---|---|---|---|---|
|||||Freehold land|Fixtures and|Computers|Motor vehicles|Total|
|||||and buildings|fittings||||
|||||F|E|f.|||
||Cost||||||||
||At 1 September 2019|||8,699,080|297,998|112,336|28,545|9,137,959|
||Additions|||37,955|34,613|1,125||73,693|
||At 31August|2020||8,737,035|332,611|113,461|28,545|9,211,652|
||Depreciation|and impairment|||||||
||At 1 September 2019||||146,821|69,373|23,575|239,769|
||Depreciation|charged|in the year||27,868|6,613|1,242|35,723|
||At 31August|2020|||174,689|75,986|24,817|275,492|
||Carrying<br>amount||||||||
||At 31August|2020||8,737,035|157,922|37,475|3,728|8,936,160|
||At 31August|2019||8,699,080|151,179|42,962|4,970|8,898,191|



|Debtors||||
|---|---|---|---|
|||2020|2019|
|Amounts<br>falling due within one year:||f.||
|Trade debtors||238,904|206,307|
|Prepayrnents|and accrued income|68,662|46,094|
|||307,566|252,401|
|Loans and overdrafts||||
|||2020|2019|
|Bank loans||1,858,757|1,933,884|
|Payable<br>within|one year|112,691|106,607|
|Payable after|one year|1,746,066|1,827,277|





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|15|Creditors:|amounts|amounts|falling due|within|one year||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2020|2019|
||||||||Notes|||F||
||Bank ioans|||||||14||112,691|106,607|
||Other taxation||and social security|||||||228,273|115,817|
||Trade creditors|||||||||750,971|668,726|
||Accruals and||deferred|income||||||27,019|34,429|
|||||||||||1,118,954|925,579|
|16|Creditors:|amounts||falling due|after more than one||year|||||
|||||||||||2020|2019|
||||||||Notes|||f.|F|
||Bank loans||||||||14|1,746,066|1,827,277|
|17|Anagsis of||net assets between||funds|||||||
|||||Unrestricted||Restricted|Total|Unrestricted||Restricted|Total|
||||||funds|funds|||funds|funds||
||||||2020|2020|2020||2019|2019|2019|
||||||||f|||E||
||Fund balances at 31|||||||||||
||August 2020||are|||||||||
||represented||by:|||||||||
||intangible|fixed assets|||33,864||33,864|||||
||Tangible assets|||2,182,207||6,753,953|8,936,160||2,144,238|6,753,953|8,898,191|
||Current assetsl|||||||||||
||(liabilities)|||(590,009)||(112,691)|(702,700)||(535,401)|(106,607)|(642,008)|
||Long term|liabilities||||(1,746,066)|(1,746,066)|||(1,827,277)|(1,827,277)|
|||||1,626,062||4,895,196|6,521,258||1,608,837|4,820,069|6,428,906|



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|19|Cash generated|from|operations|operations|||2020f|2019|
|---|---|---|---|---|---|---|---|---|
||Surplus for the year||||||92,352|57,517|
||Adjustments<br>for:||||||||
||Depreciation<br>and|impairment||oftangible|fixed assets||35,724|35,917|
||Movements<br>in working||capital:||||||
||(Increase)/decrease<br>in||debtors||||(55,165)|30,268|
||Increase<br>in creditors||||||'187,291|51,629|
||Cash generated|from|operations||||260,202|175,331|
|20|Analysis ofchanges||in net|(debt)/funds|||||
|||||||At 1 September|Cash flows|At 31August|
|||||||201Sf||2020<br>E|
||Cash at bank and|in hand||||31,170|77,518|108,688|
||Loans falling due|within one||year||(106,607)|(6,084)|(112,691)|
||Loans falling due|after|more|than one year||(1,827,277)|81,211|(1,746,066)|
|||||||{1,902,714)|152,645|{1,750,069)|