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2020-08-31-accounts

				Page
Company	information			1-2
Directors'	report			3-13
Independent auditor's		report		14-16
Company	statement	offinancial	activities	17
Company	Balance Sheet			18
Notes to	the financial	statements	ofthe Company	19-29

Directors	and	Trustees	Mr	M R Slumbers (Chairman)	M R Slumbers (Chairman)
			Mrs	A-M Edgell
Secretary			Mrs	TJones (resigned	4/09/2019)
			Mrs	H Betts (appointed	4/09/2019)


Principal A	ddress	Broadwater Road
		Worthing
		West Sussex
		BN14 8HU
Registered	Office	Lancing College
		Lancing
		West Sussex
		BN15 ORW
Head		Mrs Heather Beeby
Bursar		Mr Mark Milling
Auditor		RSM UK Audit LLP
		The Portland Building
		25 High Street
		Crawley
		West Sussex
		RH10 1BG
Bankers		Barclays Bank pic
		1 Churchill Place
		Canary Wharf
		London
		E14SHP

			2020	2019
		Notes	Unrestricted	Unrestricted
			Funds 6	Fundsf
INCOME
Income from Charitable	Activities
School fees		2	1,540,032	1,562,713
Ancillary trading income		3	21,835	28,920
Non-ancillary trading	income	3	80,972	1,024
TOTAL INCOME			1,542,839	1,592,657
EXPENDITURE
Charitable Activities
Schools and grant-making			1,559,952	1,676,290
TOTAL EXPENDITURE		7	1,559,952	1,676,290
NET EXPENDITURE FOR THE PERIOD		4	(17,113)	(83,633)
Fund balances brought	forward		(1,933,329)	(1,849,696)
FUND BALANCES AS	AT 31AUGUST		(1,950,442)	(1,933,329)

			2020		2019
	Notes		5		E
FIXEDASSETS
Tangible assets			285,888		318,361
			285,888		318,361
CURRENT ASSETS
Debtors	10	18,651		36,200
		18,651		36,200
CREDITORS: due within one year	11	(2,254,881)		(2,287,790)
NET CURRENT LIABILITIES			(2,236,230)		(2,251,590)
TOTAL ASSETS LESS
CURRENT LIABILITIES			(1,950,342)		(1,933,229)
TOTAL NET LIABILITIES			1 950342		1,933,229
CAPITAL AND RESERVES
Called up share capital	12		100		100
FUNDS
Unrestricted funds:
General reserve			(1,950,442)		(1,933,329)
EQUITYSHAREHOLDERS' FUNDS	14		(1,950,342)		(1,933,229)

2.	CHARITABLE ACTIVITIES - SCHOOL FEES	CHARITABLE ACTIVITIES - SCHOOL FEES	CHARITABLE ACTIVITIES - SCHOOL FEES	CHARITABLE ACTIVITIES - SCHOOL FEES	CHARITABLE ACTIVITIES - SCHOOL FEES	2020	2019
	The school	fees income	comprises:
	Gross fees					1,863,617	1,951,578
	Less: Total scholarships,			bursaries,	etc	(323,585)	(388,865)
						1,540,032	1,562,713
3.	CHARITABLE	ACTIVITIES - OTHER INCOME
						2020	2019
	Ancillary income:
	Wraparound	care				10,336	13,824
	Entrance and	registration	fees			2,250	2,650
	Extra school	care and SEN				9,249	12,446
						21,835	28,920
	Non-ancillary	activities:
	Other income					185	1,024
	Government	Grants - CJRS				80,787
						102,807	29,944

4.	NET EXPENDITURE FO	R THE PERIOD
			2020	2019
	Net expenditure for the	period is stated after charging:
	Depreciation		32,473	34,809
	Auditors' remuneration	—audit	4,450	4,320
5.	STAFF COSTS
			2020	2019
	Total staff costs comprise:
	Wages and salaries		1,061,376	1,030,221
	Social security costs		96,979	94,234
	Pension contributions		173,857	124,837
			1,332,212	1,249,292

was (prior	year restated in line with the head	count methodology):
		2020	2019
		Number	Number
Teaching	staff	31	30
Others		12	11
		43	41

		Staff	Other	Depreciation	2020	2019
			Costs		Total	Total
Charitable activities
Teaching		1,151,087	43,426		1,194,513	1,125,507
Welfare		56,734	40,599		97,333	113,284
Premises		57,757	146,534	32,473	236,764	299,104
Support cost of	schooling	66,634	64,708		131,342	138,395
School operating	costs	1,332,212	295,267	32,473	1,659,952	1,676,290
Grants, awards	and prizes
Total resources expended		1,332,212	295,267	32,473	1,659,952	1,676,290

			2020 6	2019f
Remuneration	paid	to auditor for audit services	4,450	4,320
Others Governance		Costs	5,442	3,698
			9,892	8,018

	Land and	Under	Computer	Fittings
	Buildings Short	Construction	Equipment	and Equipment	Total
	Leasehold
	6
Cost
At 1 September 2019	182,619	10,266	96,884	251,099	540,868
Additions
At 31August 2020	182,619	10,266	96,884	251,099	540,868
Depreciation
At 1 September 2019	33,106		91,277	98,124	222,507
Charge for the year	8,211		2,335	21,927	32,473
At 31August 2020	41,317		93,612	120,051	254,980
Net book value at
31 August 2020	141,302	10,266	3,272	131,048	285,888
Net book value at 31 August 2019	149,513	10,266	5,607	152,975	318,361

			2020	2019
				F
Trade creditors			51,090	58,025
Amounts	owed to group undertakings		1,896,839	1,878,753
Other creditors			31,550	30,650
Accruals			48,080	50,073
Deferred	income - fees received	in advance	227,342	270,289
			2,254,881	2,287,790

Authorised
100Ordinary	Shares of61 each
Allotted, called up and fully paid 100Ordinary Shares off1 each

					Fixed	Net Current Assets/	2020
					Assets	(Liabilities)	Total
						8
Unrestricted		Funds			285,888	(2,236,230)	(1,950,342)
					285,888	(2,236,230)	(1,950,342)
ECONCI	LIATIO	N	OF	MOVEMENT	IN EQUITY SHAREHOLDERS' FUNDS
						2020	2019
						F	6
Opening	shareholders'			funds		(1,933,229)	(1,849,596)
Net movements			in funds			(17,113)	(83,633)
Closing	shareholders'			funds		~1950 342	~1,933229