2021-08-31-accounts

Trustees		Mrs SWhitehouse-Faux
		Mrs KOsment
		Ms A Barrett
		Mr M Ware
		Mr D Godden
Charity	number	1155373
Principal	address	Our Lady's Preparatory	School
		The Avenue
		Crowthorne
		Berkshire
		RG45 6PB
Auditor		Kirk Rice LLP
		The Courtyard
		High Street
		Ascot
		Berkshire
		SL5 7HP
Bankers		NatWest
		24 Deane Street
		Loughborough
		LE11 5NQ

		Page
Trustees' report		1-7
Independent auditor's	report
Statement offinancial	activities
Balance sheet		12
Statement ofcash flows
Notes to the financial	statements	14-23

		Unrestricted	Unrestricted
		funds	funds
		2021	2020
	Notes
Income from:
Donations and legacies	3	1,702	1,000
Charitable activities	4	2,192,113	2,220,909
Total income		2,193,815	2,221,909
Ex enditure on:
Charitable activities	5	2,172,587	2,198,277
Net income for the year/
Net movement in funds		21,228	23,632
Fund balances at 1 September 2020		1,150,102	1,126,470
Fund balances at 31August 2021		1,171,330	1,150,102

					2021		2020
				Notes	F		F
Fixed assets
Tangible assets				10		1,356,595		1,369,262
Current assets
Debtors					30,728		22,794
Cash at bank and	in	hand			428,356		420,823
					459,084		443,617
Creditors: amounts		falling due within
one year				13	(324,091)		(293,518)
Net current assets						134,993		150,099
Total assets less	current		liabilities			1,491,588		1,519,361
Creditors: amounts		falling due after
more than one year				14		(320,258)		(369,259)
Net assets						1,171,330		1,150,102
Income funds
Unrestricted funds						1,171,330		1,150,102
						1,171,330		1,150,102

					2021		2020
				Notes	F		F
Cash flows from operating			activities
Cash generated from/(absorbed by)
operations						82,598		(601)
Investing	activities
Purchase	oftangible fixed	assets			(27,483)		(5,978)
Net cash	used in investing		activities			(27,483)		(5,978)
Financing	activities
Repayment	ofbank loans				(47,582)		(22,498)
Net cash	used in financing		activities			(47,582)		(22,498)
Net increase/(decrease)		in	cash and	cash
equivalents						7,533		(29,077)
Cash and	cash equivalents		at beginning	ofyear		420,823		449,900
Cash and	cash equivalents		at end of	year		428,356		420,823

Unrestricted	Unrestricted
funds	funds
2021	2020
F	F
1,702	1,000

				School fees	Education	Total	School fees	Education	Total
				receivable	services	2021	receivable	services	2020
				direct costs	direct costs		direct costs	direct costs
				2021	2021		2020	2020
				F	F	F	F	F
Staff costs					1,610,255	1,610,255		1,659,946	1,659,946
Other operating		leases			72	72		713	713
Rates and water					15,258	15,258		15,138	15,138
Insurance					19,965	19,965		7,577	7,577
Light and heat					31,897	31,897		24,171	24,171
Telephone					3,200	3,200		6,740	6,740
Postage and	stationery				33,312	33,312		40,346	40,346
Advertising					5,475	5,475		3,013	3,013
Sundries					45,686	45,686		49,882	49,882
Direct teaching costs					69,408	69,408		86,308	86,308
Repairs and	renewals				68,742	68,742		31,130	31,130
Household and		cleaning			28,804	28,804		13,317	13,317
General supplies					66,049	66,049		36,171	36,171
Maintenance	of	grounds			10,078	10,078		50,762	50,762
Professional	fees				29,036	29,036		14,232	14,232
Lunches					75,736	75,736		76,696	76,696
Other charitable
expenditure				10,204		10,204	25,018	700	25,718
				10,204	2,112,973	2,123,177	25,018	2,116,842	2,141,860
Share ofsupport		costs
(see note 6)					42,330	42,330		39,290	39,290
Share ofgovernance			costs
(see note 6)					7,080	7,080		17,127	17,127
				10,204	2,162,383	2,172,587	25,018	2,173,259	2,198,277

6	Support costs	Support costs
			Support	Governance	2021	Support	Governance	2020
			costs	costs		costs	costs
						F
	Depreciation		40,150		40,150	36,754		36,754
	Bank charges		2,180		2,180	2,536		2,536
	Audit fees			7,080	7,080		6,756	6,756
	Accountancy						10,371	10,371
			42,330	7,080	49,410	39,290	17,127	56,417
	Analysed	between
	Charitable	activities	42,330	7,080	49,410	39,290	17,127	56,417

			2021	2020
			Number	Number
Head/Management			4	5
Administrative	Staff		3	2
Teachers and	Teaching	Assistants	19	15
Catering and	Building	Maintenance	5	8
Nursery Staff			32	44
Total			63	74
Employment	costs		2021	2020
			F	F
Wages and salaries			1,472,452	1,520,739
Social security	costs		112,522	115,522
Other pension	costs		25,281	23,685
			1,610,255	1,659,946

8	Employees									(Continued)
	The number of employees		whose	annual	remuneration	was	more	than
	F60,000 is as follows:
									2021	2020
									Number	Number
	F60,000 - F100,000
9	Auditor's remuneration
	The analysis ofauditor's	remuneration		is as follows:
	Fees payable to the auditor		and associates:						2021	2020
	Audit ofthe annual accounts								7,080	6,756

10	Tangible fixed assets	Tangible fixed assets
				Freehold land	Fixtures and	Computers	Total
				and buildings	fittings
				F	F	F
	Cost
	At 1 September 2020			1,597,291	117,580	3,128	1,717,999
	Additions				23,567	3,916	27,483
	Disposals				(114,730)		(114,730)
	At 31August	2021		1,597,291	26,417	7,044	1,630,752
	Depreciation	and impairment
	At 1 September 2020			233,511	114,968	258	348,737
	Depreciation	charged	in the year	36,258	1,935	1,957	40,150
	Eliminated in	respect ofdisposals			(114,730)		(114,730)
	At 31August	2021		269,769	2,173	2,215	274,157
	Carrying amount
	At 31August	2021		1,327,522	24,244	4,829	1,356,595
	At 31August	2020		1,363,780	2,612	2,870	1,369,262

11	Debtors
						2021	2020
	Amounts falling due		within one	year:		F	F
	Trade debtors					4,505	22,794
	Other debtors					4,625
	Prepayments	and accrued income				21,598
						30,728	22,794
12	Loans and overdrafts
						2021	2020
						F	F
	Bank loans					359,362	406,944
	Payable within	one year				39,104	37,685
	Payable after	one year				320,258	369,259
	The long-term	loans are secured		by fixed charges over the freehold	property.
13	Creditors: amounts		falling due	within one year
						2021	2020
				Notes		F	F
	Bank loans				12	39,104	37,685
	Other taxation	and social security				30,449	29,070
	Trade creditors					54,953	37,562
	Other creditors					89,855	114,005
	Accruals and	deferred	income			109,730	75,196
						324,091	293,518
14	Creditors: amounts		falling due	after more than one year
						2021	2020
				Notes		F	F
	Bank loans				12	320,258	369,259

19	Cash generated	from	from	operations	operations				2021	2020
									F	F
	Surplus for the year								21,228	23,632
	Adjustments for:
	Depreciation and	impairment			oftangible		fixed assets		40,150	36,754
	Movements in working			capital:
	(Increase) in debtors								(7,934)	(7,845)
	Increase/(decrease)		in	creditors					29,154	(53,142)
	Cash generated	from/(absorbed				by) operations			82,598	(601)
20	Analysis ofchanges			in net	funds
								At 1 September	Cash flows	At 31August
								2020		2021
								F
	Cash at bank and	in	hand					420,823	7,533	428,356
	Loans falling due	within		one	year			(37,685)	(1,419)	(39,104)
	Loans falling due	after		more	than one year			(369,259)	49,001	(320,258)
								13,879	55,115	68,994