## |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|