2021-08-31-accounts

For the Year Ended 31 August 2021
		Total funds	Total funds
		Unrestricted	Unrestricted
	Note	2021	2020
		£	£
INCOME from:
Donations		1,695	90,229
Government grants		11,390
		13,085	90,229
Charitable activities:
School fees		244,526	290,519
Nursery fees		100,557
Bursaries		(10,178)	(19,562)
Early Education funding		80,395	65,320
Other income		20,124	39,537
		435,424	375,814
Total income		448,509	466,043
EXPENDITURE on:
Charitable activities
Staff costs	2	359,037	271,930
Other direct costs
Printing		2,205	1,158
Rent and rates		99,809	86,764
Light and heat			2,157
School resources and expenses		11,163	22,264
Repairs and maintenance		6,827	1,763
Telephone and internet		1,047	1,192
IT expenses		3,121	4,039
Insurance		1,682	1,231
Bank charges		130	131
Cleaning and other expenses		6,253	4,691
Bookkeeping		4,691	2,796
Travelling expenses		921
Marketing expenses			200
Legal and consultancy fees		8,728	3,034
Depreciation		1,620	721
Governance cost: independent examination		2,800	2,800
Total expenditure	3	510,034	406,871
(Net expenditure)/net income and net movement in
funds.		(61,525)	59,172
RECONCILIATION OF FUNDS
Total funds brought forward		(14,352)	(73,524)
Total funds carried forward - deficiency		(75,877)	(14,352)

As at 31 August 2021
		Note	2021	2020
			£	£
Fixed assets
Tangible assets	6		4,859	2,162
			4,859	2,162
Current assets
Debtors	7		32,325	32,813
Cash at bank and in hand			41,883	79,636
Total current assets			74,208	112,449
Creditors falling due within one year	8		(68,189)	(42,208)
Net current assets			6,019	70,241
Total assets less current liabilities			10,878	72,403
Creditors falling due after more than one year	9		(86,755)	(86,755)
Net liabilities			(75,877)	(14,352)
Funds
Unrestricted general funds			(75,877)	(14,352)
Total funds • deficiency			(75,877)	(14,352)

Staff costs
	2021	2020
	£	£
Salaries and wages	272,072	211,235
Social security costs	18,987	14,713
Pension costs	4,564	3,750
Payroll processing costs	1,707	1,586
Recruitment costs	5,178	9,950
Other staffing costs	55,151	30,285
Training costs	1,378	411
Total staff costs	359,037	271,930
Net (expenditure)/income for the year
	2021	2020
	£	£
This is stated after charging:
Independent Examiners fee	2,800	2,800
Depreciation	1,620	721

6.	Tangible fixed assets
			Furniture &
		Fixtures and	office
		fittings	equipment	Total
			£	£
	Cost
	At 1 September 2020		5,667	5,667
	Additions	2,988	1,329	4,317
	At 31 August 2021	2,988	6,996	9,984
	Depreciation
	At 1 September 2020		3,505	3,505
	Charge for the year	747	873	1,620
	At 31 August 2021	747	4,378	5,125
	Net book value
	At 31 August 2021	2,241	2,618	4,859
	At 31 August 2020		2,162	2,162
7.	Debtors
			2021	2020
			£	£
	Trade debtors		731
	Other debtors		31,594	31,594
			32,325	23,187

8.	Creditors falling due within one year
		2021	2020
		£	£
	Trade creditors	8,997	17,339
	Taxation and social security	7,204	4,827
	Other creditors and accruals	51,988	20,042
		68,189	42,208
9.	Creditors falling due after more than one year
		2021	2020
		£	£
	Loan (see note 9)	86,755	86,755

		2021	2020
		£	£
•	Not later than one year	100,884	100,884
•	Later than one year and not later than five years	403,536	403,536
•	Later than five years	706,188	807,072
		1,210,608	1,311,492