## ## ## ## |Legal and administrative|information| |---|---| |Trustees' report|| |Independent
examiner's|report| |Statement ofFinancial activities|| |Balance Sheet|| |Nates to the linancial statements|| ## |Legal and administrative|Legal and administrative|information|||| |---|---|---|---|---|---| |Charity registration|number||1133023||| |Company registration|number||08004087||| |Charity address|||1Bretton Street, Savile||Town| ||||Dewsb ury||| ||||WP129BB||| |Trustees|||AA Petal||| ||||H Khatib||| ||||I Dalai||| ||||Y Petal||| ||||N petal||| |Accountants|||AHM||| ||||Chartered|Accountants|&Business Advisors| ||||The Beeches||| ||||20 Ring Road Shadwea||| ||||Leeds, LS17BNl||| |Bankers|||Santander||| ||||Boo tie||| ||||Merseyside||| ||||L304GB||| ## ## ## |Statement|oftrustees' responsibilities|oftrustees' responsibilities|||||||| |---|---|---|---|---|---|---|---|---|---| |The trustees|are responsible
for preparing
the Trustees'
Annual
report and Financial statements||in accordance|||with applicable||law and United Kingdom|| |Accounting|Standards
(United Kingdom|Generally Accepted Accounting Practice).|||||||| |Iaws applicable
to charities
in England||and Wales requires the trustees to prepare
Finandal statements|||for each calendar||year|which give|a true and fair| |view ofcharity and ofincoming resources and application
ofresources ofthe charity forthat year. In preparing||||||these financial||statements|the trustees| |are reouired|to:||||||||| ||select suitable accounting|policies and apply them consistently|||||||| ||observe the methods and|principles
in the Charities SORP|||||||| ||makes judgements
and estimates that are reasonable
and prudent||||||||| ||state whether
applicable|UK Accounting
Standards
have been followed, subject to|any material departures||||disclosed and||| ||explained
In the flnancial|statements
and|||||||| ||prepare the flnanclal statements
on the going concern basis unless itisinappropriate|||to|presume that the||charity will||| ||continue
in operation.||||||||| ## ## ## ## |I report to the charity trustees on my examination
ofthe accounts ofParadise School Trust for the year ended 31August 2020set out on pages 6to 10.| |---| |Responsibilities
and basis ofreport| |As the charity's trustees ofthe Company
you are responsible
forthe preparation
ofthe accounts in accordance with the requirements
ofthe Companies
Act 2006 ("the 2006Act").| |Having satisfied myself that the accounts ofthe Company are not required to be audited for this year under Part 16ofthe 2006Act and are eligible for| |independent
examination,
I report in respect ofmy examination
ofyour charity's accounts as carried out under section 145ofthe Charities
Act2011| |( the 2011Act J. In carrying out my examination
I have followed the Directions given by the Charity Commission
(under section 145(5)(b)ofthe 2011| |Act.| |Independent
examiner's statement| |The company's
gross income exceeded 5250000and
I am qualified to undertake
the examination
by being a qualified
member ofInstitute ofChartered| |Accountants
in England and Wales which is one ofthe listed bodies.| |I have completed
my examination.
I confirm that no material matters have come to my attention
which gives me cause to believe that:| |~accounting records were not kept in accordance with section 386ofthe Companies
Act 2006;or| |~ the accounts do not accord with such records, or| |~the accounts do not comply with relevant accounting
requirements
under section 396ofthe Companies
Act 2006other than any requirement
that the| |accounts give a 'true and fair' view which is nota matter considered
as part ofan Independent
examination;
or| |~ the accounts have not been prepared
in accordance with the Charities
SORp (PRS102).| |I have no concerns and have come across no other matters
in connection with the exammation
to which attention
should be drawn
in this report In order| |to enable a proper understanding
ofthe accounts to be reached.| ## |||Statement ofFinancial|Activities for the|ear ended 31Au|st2020|| |---|---|---|---|---|---|---| |||Notes|Unrestricted|Restricted|2020|2019| ||||Fttnds|Funds|Total|Total| |Income||||||| |Voluntary
Income: Donations|||767||767|3,725| |Activities forgeneratingfunds|||420,495||420,495|480,140| |Total Income|||421,262||421,262|483,065| |Expenditure||||||| |Cost ofactivities in furtherance||ofthe||||| |charity's objects||||||| |Expenditure
on Charitable|activities||364,352||364,352|462,981| |Total Expenditure|||364,352||364,352|462,981| |Net Income
(orthe year|||56,910||56,910|20,884| |Other recognised
gains||13||||39,148| |Net movement
in funds|||56,910||56,910|60,032| |Total funds brought
forward|||120,030||120,030|59,998| |Total funds carried forward|||176,940||176,940|120,030| ## |||||Balance Sheet asat|31Au|st2020|| |---|---|---|---|---|---|---|---| |||||||2020|2019| |||||Notes|||5| |Fixed assets||||||18,100|17,339| |CurrentAssets|||||||| |Debtors||||||160,464|119,851| |Cash atbank|and in hand|||||59,544|10,938| |||||||220,008|130,789| |Creditors: Amount falling due||within|one year:|10||57,168|24,098| |Net CurrentAssets||||||162,840|106,691| |Total Assets|less Current Liabilities|||||180,940|124,030| |Creditors: Amount falling due||after|||||| |more than one year;||||||4,000|4,000| |Net Assets||||||176,940|120,030| |Funds:|||||||| |Unrestncted|I'unde|||12,13||176,940|120,030| |Totalpunds||||||176,940|120,D30| |The company|was entitled to exemption||from audit under s477 ofthe Companies||Act 2006 relating to small companies.||| |The members|have not required|the company to obtain an audit in accordance with section 476ofthe Companies
Act 2006.|||||| ## ||Notes to the iinanciai statements
for the
ear ended 31Au
st2020|||| |---|---|---|---|---| |1.Accounting Polidesi|The pnncipal
accountmg
policies are summarised
below. The accouncing policies have been applied consistently|throughout||| ||the year and the preceding year.|||| |(a) Basis ofpreparation|The financial statements
have been prepared
under the historical cost convention.|||| ||The financial stacements ofthe charitable
company,
which isa public benefit entity under FRS102,had been prepared
in|||| ||accordance with the Charities
SORP (PRS102]'Accounting
and Reporting
by Charities: Statement ofRecommended||Practice|| ||applicable to charities preparing
their accounts
in accordance with the Financial Reporting Standard
apphcable|in the UK||and| ||Republic ofireland, (FRS102)(effectiv 1January 2015),Financial Reporting Standard
102 'The Financial Reporting||Standard|| ||applicable
in the UK and Republic of Ireland'
and the Companies
Act 2006.|||| |(b) Fund accounung|General funds are unrestricted
funds which are available for the «se ofdiscretion ofthe trustees in furtherance|ofthe general||| ||objectives ofthe charity and has not been put aside forother purposes. Restricted
funds are funds which are to|be used in||| ||accordance with specific restrictions
which has been raised by the charity fora specific purpose.
The cost ofraising||and|| ||administering
such funds are charged against the specific fund.|||| |(c)Incoming resources|AD mcoming resources are included
in the statement offinancial activities when the charity is entitled
to the income||and|the| ||amount
can be quantified
with reasonable
accuracy. The following specific policies are applied to the particular|categories of||| ||income.|||| ||Voluntary
income is received by way ofgrants, donations
and gine and is included
in full in the statement
offlnancial|||| ||activities when receivable. Grants where entitlement
is not conditional
on the delivery ofa specific performance|by the||| ||charity, are recognised
when the charity becomes unconditionally
entitled
tothe grant.|||| ||Donated services and facilities are included at the value ofthe charity where it can be quantified.
The value of|||| ||services provided
by volunteers
has not been included.|||| |(c) Resources expended|Expenditure
isrecognised
on an accruals basis as a liability is incurred. Expenditure
includes any VAT which cannot||be fully|| ||recovered, and is reported as part ofthe expenditure
to which itrelates.|||| ||Charitable
expenditure
comprises those costs incurred
by the charity in the delivery of its activities and services for||its|| ||beneficiaries.
It includes
both costs that can be ago cated tosuch activities and those costs ofan indirect nature|necessary||to| ||support them.|||| |(d) Going concern|The principle
risk facing the charitable
company is its ability to generate suIDcient income to cover expenditure
fulgging
the objectives ofthe charitable
company. The trustees
have reviewed
the cash position ofthe charitable|incurred
company||in
and| ||cash forecasts atthe date ofsigning the accounts and are satisfied that the charitable
company will be able to meet ag o(its|||| ||financial commitments.|||| ||As a consequence
the trustees believe that the charitable
company is well placed to manage Its financlal risks successfully|||| ||despite the current uncertain
economic outlook, espeaaDy with regard to Covid-19 and that the charitable
company||has|| ||adequate
reserves to continue
in operational
existence forthe foreseeable future. Accordingly
the trustees continue||to adopt|| ||the going concern basis in preparing
the accounts.|||| ||2020||2019|| |2.Donations|||6|| ||Donations
from individuals
&organisations
'767||3,726|| ## ||||Notes|Notes|tothe|tothe|tothe|financial|statements|for the|ear ended 31Au|st2020|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||2020|2019| |3.Activities||forgenerating|funds|||||||||f|E| ||||Nursery education||||funding||||185,182||203,807| ||||Schoolfees||||||||235,313||276,333| ||||Miscellaneous||income||||||||| ||||||||||||420,495||480,140| |||||||||||||2020|2019| |4.Costs ofgeneratingfunds||||||||||||f|f| ||||Staffcosts||||||||28l,244||383,766| ||||Supplies|||||||||7,366|8,123| ||||Repairs and maintenance|||||||||11,839|4,249| ||||bight and hest|||||||||8,309|s,eos| ||||Rates and Insurance|||||||||8,863|14,294| ||||Printing, postage and|||||stationary||||7,304|10,097| ||||Telephone and|||broadband||||||404|1,356| ||||Professional|fees||||||||2,499|1,011| ||||Depreciation|||||||||6,088|e,oss| ||||Other costs|||||||||24,436|25,389| ||||||||||||364,352||462,981| |5.Trustees'||remuneration|||||||||||| |Employment||costs|||||||||||| |No salaries|or wages have been paid to trustees,|||||||during the|year (2019:nd)||||| |6.Smffcosts|||||||||||||| |The average||number ofemployees
during||||the year was as follows:|||||||| |||||||||||||2020|2019| |Charitable|and support activities||||||||||||51| |7.Independent
examination
fees|||||||||||||| |Peas payable||to the independent
examiner||||for|examination||ofthe iinancial|statements||500|300| |8.Tangible||Axed assets|||||||||||| ||||||||||||||Pixtures snd| ||||||||||||||equipment| ||||Cost brought||forward||||||||50,119| ||||Additions
in|the year|||||||||6,849| ||||At31August||2020||||||||56.968| ||||Depreciation||brought|||forward|||||32,780| ||||Charge for the|||year|||||||6,088| ||||At31August||2020||||||||38,868| ||||Net book value|||31August 2020|||||||18,100| ||||Net book value|||31August 2019|||||||17,339| |9.Debtors|||||||||||||| |||||||||||||2020|2019| ||||||||||||||5| ||||Prepayments||and accrued income|||||||4,856|6,243| ||||Sundry debtors||||||||155,608||113,608| ||||||||||||160,464||119,851| ## ## |10.Creditors: amounts|10.Creditors: amounts|10.Creditors: amounts|falling due|within one year||||2020|2019| |---|---|---|---|---|---|---|---|---|---| ||||||||||6| ||||Trade creditors|||||9,437|10,515| ||||Taxation|and social security||||11,379|13,583| ||||Accruals|and deferred income||||36,352|| |||||||||57,168|24,098| |11.Creditors: amounts|||falling due|aner more than one year||||2020|2019
f| ||||Loans|||||4,000|4,000| |12.Analysis|ofnet assets between|||funds|||||| |||||||Unrestricred|Restricted|2020 Total|2019Total| |||||||funds|funds|Funds|Funds| |Fixed assets||||||18,100||18,100|17,339| |Current assets||||||220,008||220,008|130,789| |Current liabilities||||||(57,168)||(57,168)|(24,098)| |Long term liabilities||||||(4,000)||(4,000)|(4,000)| |||||||176,940||176,940|120,030| |13.Unrestricted||funds|||||||| ||||||At 1September|Incoming|Outgoing|Other recognised|At 31August| ||||||2019|resources|resources|gains|2020| ||||||6|6|||5| |Unrestricted|funds||||120,030|421,262|364,352||176,940| ##