| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestrkted | Unrestrkted | ||||||
| Funds | Funds | ||||||
| Notes | E | E | |||||
| INCOMING RESOURCES |
|||||||
| Incoming resources from | generated | funds | |||||
| Activities for generating | funds | 2,988 | 23,057 | ||||
| Investment income |
1,138 | ||||||
| Grant income (Furlough | ) | 260,189 | 214,136 | ||||
| Incoming resources |
from | charitable | |||||
| activities | |||||||
| Schoolfees | 2,075,523 | 2,260,590 | |||||
| Total Incoming resources | 2338,790 | 2,498,921 | |||||
| RESOURCES EXPENDED | |||||||
| Cost ofgenerating funds |
|||||||
| Charitable activities |
2,135,415 | 2,304,220 | |||||
| Governance costs | 12,279 | 16,217 | |||||
| Finance costs | |||||||
| Total resources expended | 2,147,694 | 2,320,437 | |||||
| NET INCOMING RESOURCES |
191,096 | 178,484 | |||||
| RECONCIUATION OF FUNDS |
|||||||
| Total brought forward | 1,641,827 | 1,463,343 | |||||
| TOTAL FUNDS CARRIED | FORWARD | 1,832,923 | 1,641,827 |
| Cash Flow State | ment | ||
|---|---|---|---|
| 2021 | 2020 | ||
| Net income/ (expenditure | ) for the year | 191,096 | 178,484 |
| Depreciation and impairment offixed |
52,590 | 60,923 | |
| assets | |||
| Acquisition offixed assets | (36,014) | ||
| (Increase) / decrease in debtors |
15,615 | (15,192) | |
| Increase / (decrease) in creditors | (172,453) | (161,470) | |
| Net cash flow from operating activities |
26,731 | ||
| Net increase / (decrease) | in cash and | 86,848 | 26,731 |
| cash equivalents | |||
| Cash and cash equivalents beginning ofthe year |
at the | 925,286 | 898,555 |
| Cash and cash equivalents | at the end of | 1,012,134 | 925,286 |
| the year | |||
| Cash and cash equivalents | consist of: | ||
| Cash at bank and in hand | 1,012,134 | 925,286 |
| Land and | buildings | - In accordance with the property | - In accordance with the property | lease (2%reducing |
|---|---|---|---|---|
| balance) | ||||
| Plant and | machinery etc. | -25%on reducing | balance | |
| Furnitures | &fittings | 15%on reducing | balance |
| 2. | Activi | ties fo | r generating funds |
||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Other income and | fund raising | 2,988 | 23,057 | ||
| 3. | Investment | Income | |||
| 2021 | 2020 | ||||
| Interest | receivable | 90 | 1,138 | ||
| 4. | Grant | Income | |||
| 2021 | 2020 | ||||
| Furlough | Grant | 260,189 | 214,136 | ||
| 5. | Incoming Sources from Charitable | Activities | |||
| 2021 | 2020 | ||||
| School | Fees | 2,075,523 | 2,260,590 |
| Gov | ernance Costs |
||
|---|---|---|---|
| 2021 | 2020 | ||
| Audit | and Accountancy | 10,815 | 10,800 |
| Bank | Charges | 988 | 1,354 |
| Legal | &Professional fees | 476 | 4,063 |
| 12,279 | 16,217 |
| Net Incoming/ (Outgoing) Resource |
s | |
|---|---|---|
| Net resources are stated after charging/(crediting): | ||
| 2021 | 2020 | |
| Depreciation —owned assets | 48,387 | 55,748 |
| Goodwill amortisation | 5,175 | 5,175 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Wages, | salaries | gt | 1,642,532 | 1,838,604 |
| pensions |
| ntangible Fixed Assets |
|
|---|---|
| Goodwill | |
| At 1September 2020 | 103,494 |
| Amoftisatlon | |
| At 1September 2020 | 96,900 |
| Forthe year | 5,175 |
| At 31August 2021 | 102,075 |
| Net BookValue | |
| At31August 2021 | 1,419 |
| At31August 2020 | 6,594 |
| Land gt | Fixtures gt |
Equipment | Total | ||
|---|---|---|---|---|---|
| Buildings | Fittings | ||||
| E | E | E | E | ||
| At 1September 2020 | 1,469,797 | 196,581 | 230,940 | 1,897,318 | |
| Additions | 972 | 972 | |||
| At 31August 2021 | 1,469,797 | 196,581 | 231,912 | 1,898,290 | |
| Depredation | |||||
| At 1September 2020 | 235,932 | 146,046 | 166,421 | 548,399 | |
| Charge forthe year | 24,677 | 7,580 | 16,130 | 48,387 | |
| At 31August 2021 | 260,609 | 153,626 | 182,551 | 596,786 | |
| Net BookValue | |||||
| At 31August 2020 | 1,233,865 | 50,535 | 64,519 | 1,348,919 | |
| At 31August 2021 | 1,209,188 | 42,955 | 49,361 | 1,301,504 | |
| 12. Debtors |
|||||
| 2021 | 2020 | ||||
| Amounts | falling | due within one year | |||
| Trade debtors | 15,615 | ||||
| 15,615 |
| Creditors: Amounts fallin |
g due within o | ne year |
|---|---|---|
| 2021 | 2020 | |
| 6 | 6 | |
| Taxation and social security | 31,837 | 72,152 |
| Other creditors | 184,283 | 219,185 |
| Acceptance deposits | 44,869 | 56,020 |
| 260,989 | 347,357 |
| 2021 | 2020 | ||
|---|---|---|---|
| Acceptance | deposits | 221,145 | 307,230 |
| 221,145 | 307,230 |
| Moveme | nt in |
funds | |||
|---|---|---|---|---|---|
| Brought | Incoming | Outgoing | Carried | ||
| Forward | resources | resources | forward | ||
| 2020 | 2021 | ||||
| Unrestricted | funds | 1,641,827 | 2,338,790 | 2,147,694 | 1,832,923 |
| RESOURCES | EXPENDED | EXPENDED | 2021 | 2020 | |
|---|---|---|---|---|---|
| Charitable activities |
|||||
| Salaries and | wages | 1,642,532 | 1,838,604 | ||
| Class books, | materials &activities |
42,555 | 44,173 | ||
| Staff costs | 56,316 | 27,882 | |||
| Office costs | 18,238 | 53,413 | |||
| Property costs | 271,830 | 259,737 | |||
| Marketing | 9,561 | 14,178 | |||
| ITExpenses | 40,764 | ||||
| Sundry expenses | 5,080 | ||||
| Donations | 57 | 230 | |||
| Amortisation | ofpurchased | goodwill | 5,175 | 5,175 | |
| Depreciation | ofshort | leasehold properties | 24,677 | 25,181 | |
| Depreciation | offixtures and | fittings &computer | 23,710 | 30,567 | |
| equipment | |||||
| 2,135,415 | 2304,220 | ||||
| Governance | costs | ||||
| Audit &accountancy | 10,815 | 10,800 | |||
| Bank charges | 988 | 1,354 | |||
| Legal &professional | fees | 476 | 4 063 | ||
| 12,279 | 16,217 | ||||
| Finance costs | |||||
| Loan interest | |||||
| 12,279 | 16,217 | ||||
| Total resources expended | 2,1474694 | 2320,437 |