2020-08-31-accounts - Withington Girls' School

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		YEAR ENDED 31AUGUST	YEAR ENDED 31AUGUST	2020
				2020	2019
				Unrestricted	Unrestricted
				Funds	Funds
			Notes
INCOME:
Donations				192	11,036
Income from charitable	activities:
Tuition fees receivable School meals				8,696,302 361,038	8,306,443 515,916
Income from other trading activities:
Other income			3	201,623	104,756
Investment income				3,128	4,624
Total income				9,262,283	8,942,775
Expenditure
Costs ofraising funds			4	77,764	75,455
Expenditure on charitable	activities		5	8,503,421	7,941,768
Contributions to IVGS Trust				397,852	382,258
Total expenditure				8,979,037	8,399,481
Net income and net movement		offunds for the year		283,24S	543,294
Other recognised gains/(losses}
Actuarial loss on CARE Pension Scheme			15	(4,264)	(17,000)
Net movement in funds				278,982	526,294
RECONCILIATION OF FUNDS
TOTAL FUNDS BROUGHT FORWARD				13,432,201	12,905,907
TOTAL FUNDS CARRIED	FORWARD			13,711,183	13,432,201
The notes on pages 39to 51 form		part ofthese accounts.

				2020		2019
Reconciliation ofnet movement	in	funds to net cash flow from operating			activities
Net movement in funds Add back depreciation charge				278,982 631,581		526,294 611,016
Deduct interest income shown in (Increase) in debtors (Decrease)/increase in creditors (Decrease) in Pension Liability	investing		activities	(3,128) (136,388) (282,633) (36,091)		(4,624) (335,598) 303,490 (17,892)
Net cash flow from operating activities				452,323		1,082,686
Cash flows from investing activities
Interest income Purchase oftangible fixed assets				3,128 (169,122)		4,624 (723,241)
Cash used in investing activities				(165,994)		(718,617)
Reconciliation of Net Cash/Debt
Increase in cash and cash equivalents in the year Cash and cash equivalents at the beginning ofthe year				286,329 1,182,208		364,069 818,139
Total cash and cash equivalents	at the end ofthe year			1,468,537		1,182,208

2 DONATIONS
	2020	2019
Other donations	9	6
	192	11,036
	192	11,036
3 OTHER INCOME
	2020	2019
		6
Entrance examination fees Miscellaneous income Erasmus (Brigsh Council) Income Job Retention Scheme income	20,890 49,993 43,751 86,989	22,159 82,597 0 0
	201,623	104,756
4 COSTSOF RAISING FUNDS
	2020f	2019
Salaries
Pension costs	53,331	44,025
Social security costs Total salary costs	5,672 5,585 64.588	4,519 4,169 52.713
Other fundraising expenditure Administration expenditure	11,313 1,863	17,855 4,887
Total costs
	77,764	75,455

TEACHING COSTS		2020f	2019 6
Teachers' salaries Superannuation charges Social Security costs		3,191,708 739,710 332,339	3,103,033 493,417 286,765
		4,263,757	3,883,215
SUPPORT COSTS
Wages, salaries and support Pension costs Social secunty costs Apprenticeship Levy Supplies, equipment and tools Miscellaneous expenses Printing, stationery, advertising and telephone Operating lease payments Professional fees (including HR, H&S and Catering Interest and charges for CARE Pension Scheme Insurance	Consultancy)	1,407,150 150,784 toe,4oe 7,208 677,983 336,738 133,411 9,161 75,591 15,052	1,402,890 137,691 104,625 7,125 636,704 353,165 221,933 0 78,417 14,729
Erasmus (British Council) Expenditure		65,701 43,751	55,234 0
PREMISES		3,028,938	3.012,513
Repairs, maintenance and replacement of buildings Professional fees for building project on hold Repairs, maintenance and replacement offixtures and fittings Minor building works Depreciafion Maintenance ofgrounds Fuel, light, water and refuse collection COVID-19additional costs to include sanitisers and hire ofmarquee Rates		109,901 127,961 4,373 45,991 631,581 12,509 137,895 45,516	96,074 0 27,124 59,324 611,016 32,079 138,327 0
CCTV		47,036	51,644
		6,968	7,513
		1,169,731	1,023,101
GOVERNANCE COSTS
Audit fee
Other fees paid to the auditors Legal snd associated costs		12,810 1,380 26,805	13,500 960 8,479
		40,995	22,939
Total		8,503,421	7,941,768

2020	2019
No	No

7 TANGIBLE FIXEDASSETS
	Freehold	Fixtures
	buildings	fittings
	slid	and
Cost or valuation At 1 September 2019 Additions for the year At 31August 2020	9 raull de 6 16,566,260 105,363 16,671,843	equipmentf 4,424,311 63,759 4,488,070	Total f 20,990,591 169,122 21 159,713
Depreciation
At 1 September 2019 Charge for year At 31 August 2020	4,033,769 370,438 4404,227	3,197,772 261,143 3,458,915	7,231,561 631,561 7,863 142
Net book value
At 31August 2020	12267416	1 029155	13,296571
At 31 August 2019	12532,491	1226539	13759030

8 DEBTORS
					2020f	2019
Fees owing from parents Sundry debtors Amount due from WGS Trust Prepayments					31,394 36,278 402,309 100,572	23,560 7,082 314,856 88,667
					570,553	434,185
9 CREDITORS
					2020	2019
					6
Amounts falling due	within	one year:
Tuition fess Tax and social security Capital accruals Other accruals					378,266 106,788 87,594 639,813	350,358 101,781 437,143 605,812
					1,212,461	1,495,094
10 PENSION LIABILITY
					2020	2019
					6	6
Pension Liability					412,017	448,108
The Pension Liability shown above represents -CARE Pension Scheme -as detailed in Note			the Present Value 15.	ofthe Provision	for the the TPT Retirement	Solutions
1 ACCUMULATED FUNDS
General Funds
					2020	2019
As 1 September 2019 Surplus for the year Less transfer to Designated At 31August 2020		Fund		13,432,201 278,982 ~25D.MO 13,461,183		6 12,905,907 526,294 0 13,432,201
Designated Fund
As 1 September 2019					0
Transfer from General At 31 August 2020	Fund				250,000 250,000
Total funds
As 1 September 2019 Surplus tor the year At 31August 2020				13,432,201 278,982 13,711,183		12,905,907 526,294 13,432,201

		3'I August 2020	3'I August 2020	3'I August 2020	3'I August 2020	31August 2019	31August 2018
				(6000s)		(6000s)	(6000s)
Present Value	of Provision			412		448	466
RECONCILIATION OF OPENING AND CLOSING PROVISIONS
	Year		Ending		Year Ending
		31		August	31August
				2020		2019
			(6000s)			(6000s)
Provision at start ofperiod						466
Unwinding ofthe discount factor
(interest expense)
Deficit contribution paid Remeasurements -impact ofany				(44)		(44)
change in assumptions						17
Remeasurements	-amendments
to the contribution	schedule
Provision at end	of period			412
INCOME AND EXPENDITURE IIIIIPACT
	Year Ending				Year Ending
	31	August			31	August
			2020			2019
	(6000s)				(6000s)
Interest expense
Remeasurements	—impact of any
change in assumptions						17
Remeasurements	—amendments
to the contribution	schedule
Contributions paid	in respect of
future service
Contributions recognised in
income and expenditure account

31	August	31	August	31	August
	2020		2019		2018
%per	annum	%per	annum	%per	annum
	0.8		1.05		1.9

					2020	20'Ig
					6	6
Financial assets measured		at	amortised	cost (a)	2,039,090	1,616,373
Financial liabilities measured			at amortised cost (b)		(727,407)	(1,042,955)
Net Ansncial	assets measured		at amortised cost		1,311,683	573,418
(a) Financial	assets include	cash, trade		and fee deposits and other debtors
(b) Financial	liabilities include		deposits,	trade creditors and other creditors