| GOVERNORS' REPORT | |
|---|---|
| ACHIEVEMENT AND PERFORMANCE | |
| INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF DOLPHIN SCHOOL TRUST | 10 |
| STATEMENT OF FINANCIAL ACTIVITIES.. | 12 |
| BALANCE SHEET | 13 |
| NOTES TO THE FINANCIAL STATEMENTS | 15 |
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES.. | 22 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Unrestricted | Unrestricted | ||||
| Funds | Funds | ||||
| Notes | f | f | |||
| INCOMING RESOURCES |
|||||
| Incoming resources from | generated | funds | |||
| Activities for generating | funds | 23,057 | 41,967 | ||
| Investment income |
1,138 | 1,174 | |||
| Incoming resources from | charitable | activities | |||
| School fees | 2,260,590 | 2,588,237 | |||
| Total incoming resources |
2,284,785 | 2,631,378 | |||
| RESOURCES EXPENDED | |||||
| Cost ofgenerating funds |
|||||
| Charitable activities |
2,090,084 | 2,668,746 | |||
| Governance costs |
16,217 | 13,489 | |||
| Finance costs | |||||
| Total resources expended | 2,106,301 | 2,682,235 | |||
| NET INCOMING RESOURCES |
178,484 | -50,857 | |||
| RECONCILIATION OF FUNDS |
|||||
| Total brought forward |
1,463,343 | 1,519,223 | |||
| TOTAL FUNDS CARRIED FORWARD | 1,641,827 | 1,468,366 |
| 2. | Activities for generating | Activities for generating | funds | ||
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| Other income | and fund raising | 23,057 | 41,967 | ||
| 23,057 | 41,967 | ||||
| 3. | Investment | Income | |||
| 2020 | 2019 | ||||
| Interest receivable | 1,138 | 1,174 | |||
| 4. | Incoming | Sources from | Charitable | Activities | |
| 2020 | 2019 | ||||
| f | f | ||||
| School Fees | 2,260,590 | 2,588,237 |
| Gov | ernance Costs |
||
|---|---|---|---|
| 2020 | 2019 | ||
| Audit | and Accountancy | 10,800 | 10,800 |
| Bank | Charges | 1,354 | (497) |
| Legal | &.Professional fees | 4,063 | 3,186 |
| 16,217 | 13,489 |
| 6. | Net Incoming/ | (Outgoing) | Resources | ||
|---|---|---|---|---|---|
| Net resources are stated after charging/(crediting): | |||||
| 2020 | 2019 | ||||
| Depreciation —owned | assets | 55,748 | 53,596 | ||
| Goodwill amortisation |
5,175 | 5,175 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| Wages, | salaries | &.pensions | 1,624,468 | 2,071,835 |
| Goodwill | |
|---|---|
| Cost | |
| At 1September 2019 | 103,494 |
| Amortisation | |
| At 1September 2019 | 91,725 |
| For the year | 5,175 |
| At 31August 2020 | 96,900 |
| Net BookValue | |
| At 31August 2020 | 6,594 |
| At 31August 2019 | 11,769 |
| Land gt | Fixtures gt |
Equipment | Total | ||
|---|---|---|---|---|---|
| Buildings | Fittings | ||||
| Cost | |||||
| At 1September 2019 | 1,469,797 | 170,030 | 221,477 | 1,861,304 | |
| Additions | 26,551 | 9,463 | 36,014 | ||
| At 31August 2020 | 1,469,797 | 196,581 | 230,940 | 1,897,318 | |
| Depreciation | |||||
| At 1September 2019 | 210,751 | 136,986 | 144,914 | 492,651 | |
| Charge for the year | 25,181 | 9,060 | 21,507 | 55,748 | |
| At 31August 2020 | 235,932 | 146,046 | 166,421 | 548,399 | |
| Net BookValue | |||||
| At 31August 2019 | 1,259,046 | 33,044 | 76,563 | 1,368,653 | |
| At 31August 2020 | 1,233,865 | 50,535 | 64,519 | 1,348,919 | |
| . Debtors |
|||||
| 2020 | 2019 | ||||
| Amounts | falling | due within one | year | ||
| Trade debtors | 15,615 | 423 | |||
| 15,615 | 423 |
| 2020 | 2019 | |
|---|---|---|
| Taxation and social security |
72,152 | 45,212 |
| Other creditors | 219,185 | 353,807 |
| Acceptance deposits | 56,020 | 55,925 |
| 347,357 | 454,944 |
| Creditors: Amounts falling due ear |
after more | than on |
|---|---|---|
| 2020 | 2019 | |
| Bank loans more than 5years by instalments | ||
| Parental loans more than 5years non- |
||
| instalment | ||
| Acceptance deposits | 307,230 | 361,113 |
| 307,230 | 361,113 |
| 14. | Movement | Movement | in | funds | ||||
|---|---|---|---|---|---|---|---|---|
| Brought | Incoming | Outgoing | Transfer | Carried | ||||
| Forward | resources | resources | forward | |||||
| 2019 | 2020 | |||||||
| f | E | |||||||
| Unrestricted | funds | 1,468,366 | 2,284,785 | 2,106,301 | (5,023) | 1,641,827 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| INCOMING RESOURCES |
||||
| Activities for generating | funds | |||
| Other income and fund | raising | 23,052 | 41,967 | |
| 23,057 | 41,967 | |||
| Investment income |
1,138 | 1,174 | ||
| Incoming resources from | charitable | activities | ||
| School fees | 2,260,590 | 2,588,237 | ||
| Total incoming resources |
2,284,785 | 2,631,378 |
| RESOURCES | EXPENDED | EXPENDED | 2020 | 2019 | ||
|---|---|---|---|---|---|---|
| Charitable activities |
||||||
| Salaries and | wages | 1,624,468 | 2,071,834 | |||
| Class books, | materials | &activities | 44,173 | 91,501 | ||
| Staff costs | 27,882 | 46,473 | ||||
| Office costs | 53,413 | 55,795 | ||||
| Property costs | 259,737 | 315,638 | ||||
| Marketing | 14,178 | 21,555 | ||||
| Sundry expenses | 5,080 | 3,744 | ||||
| Donations | 230 | 3,434 | ||||
| Amortisation | of purchased | goodwill | 5,175 | 5,175 | ||
| Depreciation | ofshort | leasehold | properties | 25,181 | 25,695 | |
| Depreciation | offixtures and fittings &computer | 30,567 | 27,902 | |||
| equipment | ||||||
| 2,090,084 | 2,668,746 | |||||
| Governance | costs | |||||
| Audit &.accountancy |
10,800 | 10,800 | ||||
| Bank charges | 1,354 | (497) | ||||
| Legal &.professional | fees | 4 063 | 3 186 | |||
| 16,217 | 13,489 | |||||
| Finance costs | ||||||
| Loan interest | ||||||
| 16,217 | 13,489 | |||||
| Total resources expended | 2,106,301 | 2,682,235 |