. * CHURCHER'S
COLLEGE
Annual Report &
Financial Statements
For the year ended 31 August 2021
?; Registered company number:10813349
Registered charity number:1173833

|||Page|
|---|---|---|
|Report ofthe|Trustees|1to19|
|Report ofthe|Independent<br>Auditors|20 to 21|
|Consolidated|Statement ofFinancial Activities|22|
|Consolidated|Balance Sheet|23|
|Charity Balance Sheet||24|
|Cash Flow Statement||25|
|Notes to the|Cash Flovv Statement|26|
|Notes to the|Financial<br>Statements|27 to 45|





## 

## 

## 

||GOVERNORS, DIRE|GOVERNORS, DIRE|GOVERNORS, DIRE|CTORS AND CHARIT|CTORS AND CHARIT|CTORS AND CHARIT|Y TRUST|Y TRUST|Y TRUST|EES|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||The Governors ofChurcher's|||College ("the College")are|||the College's|||charity|trustees under charity law. The|||members|
||ofthe Governing||Body who|served in office||as Governors|during|the|year and||subsequently|are detailed below. The list|||
||also shows|those|Governors|who|are also directors ofthe||subsidiary||company||Churcher's|College Enterprise||Ltd (CCE|
||Ltd).||||||||||||||
|'|Name|||,|Governor Status|||||||(2)|(3)|(4)|
||M JGallagher|(Chairman)||!|Co-opted|||||||(2)|||
||J Bloomer (Vice Chairman)||||Co-opted|||||||(2)|||
|,|SBarrett|||,|Co-opted|||||||(2)||(4)|
||SBeecham||||Co-opted||||||||||
||KBush|||,|Senior School Parents||Association—||||||||
||||||Nominated|Governor|||||||||
||J Franklin||||Co-opted||||||||||
|||||T'|||||||||||
||C Herraman-Stowers||||Co-opted||||||||||
||EHynes-Laitt|(from June 2020)|||Co-opted||||||||||
||W A Jones||||Co-opted||||||||(3)||
||PLawrence (from March 2020)||||Co-opted||||||||||
||M Leigh||||Co-opted||||||||||
|||||I'|||||||||||
||RMay|||,'Co-opted|||||||||||
||DMoses||||Co-opted|||||||||(4)|
||ROates (from March 2021)|||l|Junior School Parents||Association—||||||||
||||||Nominated|Governor|||||||||
||A Robinson|||'<br>,|Co-opted|||||||||(4)|
||' CStrick (from June||2020)||Co-opted||||||||||
||,'L Wetzel (to March||2021)|'|Junior School Parents||Association-||||||||
|||||';.|Nominated|Governor|||||||||





## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 

## 

## 


## 

## 



|Junior|School|(Reception —Year 2)|X3,610|K3,440|
|---|---|---|---|---|
|Junior|School|(Years 3 —6)|K3,855|K3,670|
|Senior|School|(All Years)|K5,480|5.5,345|



## 




## 

## 



## 





## 

## 

## 

|A|table|ofs ortin|results b|s|ort over the last|ort over the last|5|ears:|ears:|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||1"XV|15.4%||-|36%||-|63%|-|53%|-|COVID||
|||Rngby|All|63.5%||-|61%|||65%|I|62%||COVID||
||||Pla ed||8||||-|130|I|ll|-|COVID||
||||1slXI|71.4%||67.9%|50%||46%|42%|30%|58%|33/0|COVID|COVID|
|||Hpckey|All|63.0%||53%|48%||37%|50%|40%|53%|41/0|COVID|COVID|
||||Played||127|166|97||121|180|185|115|179|COVID|COVID|
||||1"VII||-|66.7%|-||60%|-|47%|-|39%|-|COVID|
||||All||-|61.2%|-||46%|-|60%||56%||COVID|
||||Played||-|191|-||175|-|233|-|137|-|COVID|
||||1"XI||55.6%|-|55%||-|40%|-|COVID|COVID|57%||
|||Cricket|||6 .8%|5%|67%||8 %|55%|63'/|||||
||||Played||76||79<br>16||6|65|19|COVID|COVID|42 *|18 *|
||||1"||-|100%|||100%|-|0%|COVID|COVID||0%|
|||Rpnnders|All|||85.5%|||640/||73P/|COVID|COVID||75%|
||||Played|||55<br>16|||53%<br>14|||COVID|COVID||16|
||||||||250/||5po/|250/|Ippo/|COVID|COVID|0%|0%|
|||Tennis|All|||||||||COVID|COVID|79%|57%|
||||Played||||25 (0)||34 (5)|23|24|COVID|COVID|20|17|






|~|a|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Grade|1|6||5|—|11|-|5|COVID|13||
|2||11|17|14|17|8|22|7|COVID|15|30|
|3||17|20|11|19|18|15|15|COVID|24|31|
|4||26|14|12|18|19|19|6|COVID|18|19|
|5||37|13|39|16|44|19|21|COVID|26|16|
|6||14|35|20|12|13|13|13|COVID|12|20|
|7||15|10|19|26|10|3|6|COVID|16|10|
|8||10|3|20|14|23|20|7|COVID|17|8|
|TOTAL||136|112|140|122|146|111|80||141|134|






## 



## 

## 




## 

## 

## 

|||I|I|I|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||I|I I|||||||
||I|I||I|I<br>I|I<br>I|i|I|I|I|||
|Gross Fee Income|2,499.9|||2,570.8|14,473.6|14,807.2|||||16,973.5|17,378.0|
|Net Fee Income|2,304.1|||2,404.8|12,535.1|13,047.0|||||14,839.2|15,451.8|
|Letting Income|||||11.8|12.2||71.1||65.1|82.9|77.3|
|Surplus/(Loss)||60.8||(79.9)|1,893.5|1,535.2|(22.7)||(44.3)||1,931.6|1,411.0|
|Net Fee Income %||2.6%||(3.3%)|15.1%|11.8%|||||13.0%|9.1%|





## 

## 

## 

## 



## 

## 

## 




## 

## 

## 



## 

## 

## 

## 



## 

## 

|FOR THK YEAR ENDED 31|STAU|GUST 2021|||||
|---|---|---|---|---|---|---|
||||||2021|2020|
|||Unrestricted|Restricted|Endowment|Total|Total|
|||fi.mds|funds|funds|funds|funds|
||Notes||||||
|INCOME AND|||||||
|ENDOWMENTS FROM|||||||
|Donations<br>and legacies||83,101|60,171||143,272|221,649|
|Investment<br>income|||34,970||34,970|35,133|
|Charitable<br>activities|||||||
|Education<br>and grant making|6|18,057,376|||18,057,376|17,588,975|
|Other incoming<br>resources|4|198,127|||198,127|426,760|
|Total||18,338,604|95,141||18,433,745|18,272,517|
|EXPENDITURE ON|||||||
|Raising funds||18,304|||18,304|26,000|
|Charitable<br>activities|||||||
|Education<br>and grant making||16,711,844|83,101||16,794,945|16,146,110|
|Trading<br>subsidiary<br>expenditure||170,701|||170,701|158,474|
|Total||16,900,849|83,101||16,983,950|16,330,584|
|NET INCOME BEFORE||1,437,755|12,040||1,449,795|1,941,933|
|TRANSFERS|||||||
|Transfers between<br>funds|26||||||
|NET INCOME||1,437,755|12,040||1,449,795|1,941,933|
|Other recognised<br>gains/losses|||||||
|Unrealised<br>gain on fixed assets|||155,000||155,000||
|Gains/losses<br>on investment|||3,534||3,534|(2,034)|
|assets|||||||
|Actuarial<br>gains/losses<br>on||(1,648)|||(1648)|(155738)|
|defined benefit schemes|||||||
|Net movement<br>in funds||1,436,107|170,574||1,606,681|1,784, 161|
|RECONCILIATION<br>OF|||||||
|FUNDS|||||||
|Total funds brought<br>forward||7,309,806|1,143,765|11,054,353|19,507,924|17,723,763|
|TOTAL FUNDS CARRIED|||||||
|FORWARD||8,745,913|1,314,339|11,054,353|21,114,605|19,507,924|





## 

## 

|FOR THE YEAR ENDED|31STAU|GUST 2021|||||
|---|---|---|---|---|---|---|
||||||2021|2020|
|||Unrestricted|Restricted|Endowment|Total|Total|
|||funds|funds|funds|funds|funds|
||Notes||||||
|FIXEDASSETS|||||||
|Tangible<br>assets|14|17,805,889||11,054,353|28,860,242|24,563,557|
|Investments|||||||
|Investments|16||12,123||12,123|8,589|
|Investment<br>property|17||950,000||950,000|795,000|
|||17,805,889|962,123|11,054,353|29,822,365|25,367,146|
|CURRENT ASSETS|||||||
|Stocks|18|1,717|||1,717|1,663|
|Debtors|19|472,653|||472,653|140,443|
|Cash at bank and in hand||55,649|352,216||407,865|1,030,501|
|||530,019|352,216||882,235|1,172,607|
|CREDITORS|||||||
|Amounts<br>falling due within|one||||||
|year|20|(4,260,719)|||(4 260719)|(3774 740)|
|NET CURRENT||(3,730,700)|352,216||(3,378,484)|(2,602, 133)|
|LIABILITIES|||||||
|TOTAL ASSETSLESS|||||||
|CURRENT LIABILITIES||14,075,189|1,314,339|11,054,353|26,443,881|22,765,013|
|CREDITORS|||||||
|Amounts<br>falling after more|than||||||
|one year|21|(5,329,276)|||(5,329,276)|(3,257,089)|
|NET ASSETS||8,745,913|1,314,339|11,054,353|21,114,605|19,507,924|
|FUNDS|26||||||
|Unrestricted<br>funds|||||8,745,913|7,309,806|
|Restricted<br>funds|||||1,314,339|1,143,765|
|Endowment<br>funds|||||11,054,353|11,054,353|
|TOTAL FUNDS|||||21 114605|19507 924|






## 

## 

|FORTIIK YEAR ENDED|31STAU|GUST 2021|||||
|---|---|---|---|---|---|---|
||||||2021|2020|
|||Unrestricted|Restricted|Endowment|Total|Total|
|||funds|funds|funds|funds|funds|
||Notes||||||
|FIXEDASSETS|||||||
|Tangible assets|15|16,196,927||11,054,353|27,251,280|22,952,694|
|Investments|||||||
|Investments|16|1,600,000|12,123||1,612,123|1,608,589|
|Investment<br>property|17||950,000||950,000|795,000|
|||17,796,927|962,123|11,054,353|29,813,403|25,356,283|
|CURRENT ASSETS|||||||
|Stocks|18|1,717|||1,717|1,663|
|Debtors|19|467,286|||467,286|137,117|
|Cash at bank and in hand||48,491|352,216||400,707|1,016,121|
|||517,494|352,216||869,710|1,154,901|
|CREDITORS|||||||
|Amounts<br>falling due within|one||||||
|year|20|(4,276,288)|||(4,276,288)|(3,827,532)|
|NKT CURRENT||(3,758,794)|352,216||(3,406,578)|(2,672,631)|
|LIABILITIES|||||||
|TOTAL ASSETSLESS|||||||
|CURRENT LIABILITIES||14,038,133|1,314,339|11,054,353|26,406,825|22,683,652|
|CREDITORS|||||||
|Amounts<br>falling after more|than||||||
|one year|21|(5,329,276)|||(5,329,276)|(3,257,089)|
|NET ASSETS||8,708,857|1,314,339|11,054,353|21,077,549|19,426,563|
|FUNDS|26||||||
|Unrestricted<br>funds|||||8,708,857|7,228,445|
|Restricted funds|||||1,314,339|1,143,765|
|Endowment<br>funds|||||11,054,353|11054 353|
|TOTAL FUNDS|||||21,077,549|19,426,563|





## 

|CONSOLIDATED<br>CASH|FLOWV STATEMENT|FLOWV STATEMENT|FLOWV STATEMENT||||
|---|---|---|---|---|---|---|
|FOR THE YEAR ENDED|31STAUGUST||2021||||
||||||2021|2020|
|||||Notes|||
|Cash flows from operating|activities:||||||
|Cash generated<br>from operations|||||1,884,872|2,017,673|
|Cash flows from investing|activities:||||||
|Purchase oftangible<br>fixed assets|||||(4,429,399)|(2,790,081)|
|Dividend &interest received|||||2,522|2,685|
|Net cash provided<br>by (used|in) investing||||(4,426,877)|(2,787,396)|
|activities|||||||
|Cash flows from financing|activities:||||||
|Bank loan received|||||2,000,000|2,000,000|
|Loan repayments<br>in year|||||(425,874)|(444,981)|
|Net cash provided<br>by (used in) financing|||||1,574, 126|1,555,019|
|activities|||||||
|Change in cash and cash equivalents||in the|||||
|reporting<br>period|||||(967,879)|785,296|
|Cash and cash equivalents|at the beginning||of||||
|the reporting<br>period|||||1,030,501|245,205|
|Cash and cash equivalents|at the end|ofthe|||||
|reporting<br>period|||||62,622|1,030,501|





## 

## 

## 

||||2021|2020|
|---|---|---|---|---|
|Net income/(expenditure)<br>for the reporting||period (as per the statement|||
|offinancial<br>activities)|||1,449,795|1,941,933|
|Adjustments<br>for:|||||
|Gain/(losses)<br>on defined benefit scheme|||(1,648)|(155,738)|
|Depreciation offixed assets|||132,714|135,162|
|Dividends<br>& interest received|||(2,522)|(2,685)|
|(Increase)/decrease<br>in stocks|||(54)|93,364|
|(Increase)/decrease<br>in debtors|||(332,210)|360,587|
|(Decrease)/increase<br>in creditors|||638,797|(354,950)|
|Net cash provided<br>by operating|activities||1,884,872|2,017,673|
|ANALYSIS OF CASH AND CASH EQUIVALENTS|||||
||||2021|2020|
|Cash at bank and in hand|||407,865|1,030,501|
|Overdrafts<br>falling due within one year|||(345,243)||
|Total cash and cash equivalents|||62,622|1,030,501|





## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|
||Development<br>donations||||||||60,171|100,649|
||Donations<br>from Richard Churcher||||Foundation|||Fund|83,101|121,000|
||||||||||143,272|221,649|
|4.|OTHER INCOMING RESOURCES —GROUP||||||||||
||||||||||2021|2020|
||Tuck Shop income<br>Lettings||||||||12,207|1,248<br>11,621|
||Trading<br>income Churcher's|||College||Enterprises||Limited|52,105|71,125|
||Grants —Government||Job|Retention||Scheme|||133,815|342,766|
||||||||||198,127|426,760|
|5.|INVESTMENT INCOME —GROUP||||||||||
||||||||||2021|2020|
||Rental Income||||||||32,448|32,448|
||Dividends k interest||received||||||2,522|2,685|
||||||||||34,970|35,133|
|6.|INCOME FROM|CHARITABLE||||ACTIVITIES —GROUP|||||
||||||||||2021|2020|
||||||Activity||||||
||Gross school fees||||Education||and grant making||17,378,035|16,973,539|
||Entrance<br>and registration|||fees|Education||and grant making||47,424|36,481|
||Lunches<br>and milk||||Education||and grant making||602,541|549,882|
||Other income (excl||shop||||||||
||income)||||Education||and grant making||29,376|29,073|
||||||||||18,057,376|17,588,975|
|7.|RAISING FUNDS||—GROUP||||||||
||Raising donations||and legacies||||||||
||||||||||2021|2070|
||Raising donations|and legacies —Richard Churcher<br>Foundation|||||||18,304|26,000|





## 

## 

||||||Grant|funding|||
|---|---|---|---|---|---|---|---|---|
|||||Direct costs|of|activities|Support costs|Totals|
||||||(See note 9)||(See note 10)||
||Education|and grant making||14,840,743|1,926,241||27,961|16,794,945|
||Trading costs: CCE|||168,188|||2,513|170,701|
|||||15,008,931|1,926,241||30,474|16,965,646|
|9.|GRANTS PAYABLE —GROUP||||||||
||||||||2021|2020|
||Bursaries|and other grants and awards|||||1,926,241|2,134,369|
|10.|SUPPORT COSTS —GROUP||||||||
||||||||2021|2020|
||Legal fees||||||7,224|7,234|
||Auditors|remuneration|||||15,550|22,060|
||Accounts|preparation|services||||7,200|8,400|
||Tax advisory<br>services||||||500|300|
||||||||30,474|37,994|



## 

## 

||||2021|2020|
|---|---|---|---|---|
|Wages|and salaries||8,781,750|8,028,796|
|Social|security costs||851,392|824,926|
|Other|pension costs and apprenticeship|levy|1,812,003|1,717,284|
||||10,945,145|10,571,006|





## 

|The average monthly<br>number|ofe|mpl|oyees<br>during the year was as|follows:||
|---|---|---|---|---|---|
|||||2021|2020|
|Teaching||||125|128|
|Administration||||32|31|
|Technicians||||27|26|
|Cleaners||||20|19|
|Site||||11|12|
|Nurses||||2|2|
|||||217|218|
|||||2021|2020|
|Number ofhigher paid employees||in|bands of:|||
|K60,000 —f.70,000||||18||
|f70,001 —$80,000||||2||
|f80,001 —f90,000||||2||
|690,001 - X100,000||||3||
|f100,001 - f110,000||||||
|f.110,001 - X120,000||||||
|F120,001 - f130,000||||||
|X130,001 - f140,000||||||
|f.140,001 - f150,000||||||
|f150,001 - f160,000||||||
|f.160,001 - 5.170,000||||||
|f.170,001 —f.180,000||||||
|The number<br>with retirement|benefits||accruing|||
|- in Defined Benefit schemes was||||206|205|
|Ofwhich the contributions|amounted||to|f691,527|X676,874|





## 

## 

|TANGIBLE FIXEDASSETS - GR|OUP|||
|---|---|---|---|
||Freehold|Assets under|Plant and|
||property|construction|machinery|
|COST||||
|At 1st September 2020|25,927,375|3,703,696|467,971|
|Additions|245,253|3,946,732|54,304|
|At 31stAugust 2021|26,172,628|7,650,428|522,275|
|DEPRECIATION||||
|At 1st September 2020|5,262,660||359,498|
|Charge for year|22,609||24,246|
|At 31st August 2021|5,285,269||383,744|
|NKT BOOK VALUE||||
|At 31st August 2021|20,887,359|7,650,428|138,531|
|At 31st August 2020|20,664,715|3,703,696|108,473|
||Motor|Computer||
||vehicles|equipment|Totals|
|COST||||
|At 1st September 2020|50,955|476,810|30,626,807|
|Additions||183,110|4,429,399|
|Disposals||||
|At 31st August 2021|50,955|659,920|35,056,206|
|DEPRECIATION||||
|At 1st September 2020|39,939|401,153|6,063,250|
|Charge for year|3,672|82,187|132,714|
|At 31st August 2021|43,611|483,340|6,195,964|
|NET BOOK VALUE||||
|At 31st August 2021|7,344|176,580|28,860,242|
|At 31st August 2020|11,016|75,657|24,563,557|





## 

## 

## 

|TANGIBLE FIXEDASSETS —CH|ARITY continued|||
|---|---|---|---|
||Freehold|Assets under|Plant and|
||property|construction|machinery|
|COST||||
|At 1st September 2020|23,991,732|3,703,696|448,965|
|Additions|245,253|3,946,732|54,304|
|At 31stAugust 2021|24,236,985|7,650,428|503,269|
|DEPRECIATION||||
|At 1st September 2020|4,927,017||351,355|
|Charge for year|22,609||22,345|
|At 31st August 2021|4,949,626||373,700|
|NET BOOK VALUE||||
|At 31st August 2021|19,287,359|7,650,428|129,569|
|At 31stAugust 2020|19,064,715|3,703,696|97,610|
||Motor|Computer||
||vehicles|equipment|Totals|
|COST||||
|At 1st September 2020|50,955|476,810|28,672,158|
|Additions||183,110|4,429,399|
|Disposals||||
|At 31st August 2021|50,955|659,920|33,101,557|
|DEPRECIATION||||
|At 1st September 2020|39,939|401,153|5,719,464|
|Charge for year|3,672|82,187|130,813|
|At 31st August 2021|43,611|483,340|5,850,277|
|NET BOOK VALUE||||
|At 31st August 2021|7,344|176,580|27,251,280|
|At 31st August 2020|11,016|75,657|22,952,694|





## 

## 

## 

|FIXEDASSET INVESTMENTS —GROUP||
|---|---|
||Listed|
||Investments|
|~KKT VALUE||
|At 1stSeptember 2020|8,589|
|Revaluation|3,534|
|At 31stAugust 2021|12,123|
|NET BOOK VALUE||
|At 31stAugust 2021|12,123|
|At 31stAugust 2020|8,589|



## 

|FIXEDASSETINVESTMENTS —CHAR|ITY|||
|---|---|---|---|
||Shares in|||
||group|Listed||
||undertakings|investments|Totals|
|MARKET VALUE||||
|At 1st September 2020|1,600,000|8,589|1,608,589|
|Revaluations||3,534|3,534|
|At 31stAugust 2021|1,600,000|12,123|1,608,589|
|NKT BOOK VALUE||||
|At 31stAugust 2021|1,600,000|12,123|1,612,123|
|At 31st August 2020|1,600,000|8,589|1,608,589|



## 

## 

|Nature ofbusiness: Operation ofSport Faciliti|Nature ofbusiness: Operation ofSport Faciliti|es|||
|---|---|---|---|---|
|Class ofshares:||holding|||
|Ordinary||100.00|||
||||2021|2020|
|Aggregate<br>Turnover|capital and reserves||1,637,056<br>126,853|1,681,361<br>131,646|
|Profit/(loss)|for the year||(44,305)|(23,039)|





## 

## 

## 

|MARKET VALUE||
|---|---|
|As at 1st September 2020|795,000|
|Revaluation|155,000|
|At 31st August 2021|950,000|
|NET BOOK VALUE||
|At 31st August 2021|950,000|
|At 31st August 2020|795,000|



## 

## 

|STOCKS —|GROUP AND CHARITY|||||
|---|---|---|---|---|---|
|||||2021|2020|
|Stocks||||1,717|1,663|
|DEBTORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
|||GROUP||CHARITY||
|||2021|2020|2021|2020|
|Trade debtors||448,757|59,031|443,390|58,334|
|Other debtors||4,604|3,599|4,604|3,599|
|Prepayments|and accrued income|19,292|75,184|19,292|75,184|
|VAT|||2,629|||
|||472,653|140,443|467,286|137,117|



## 

## 

|||||GROUP||CHARITY||
|---|---|---|---|---|---|---|---|
|||||2021|2020|2021|2020|
|Bank loans and overdraft|||(see note 23)|458,238|425,975|458,238|425,975|
|Fees received||in advance|(see note 22)|2,980,264|2,373,637|2,980,264|2,373,637|
|Trade creditors||||455,491|374,486|445,476|370,623|
|Deposits|from|parents||110,875|90,825|110,875|90,825|
|VAT||||1,709||||
|Pension|deficit (see note||24)|17,770|17,769|17,770|17,769|
|Other creditors||||76,589|294,863|76,569|294,853|
|Amounts|due|to related|undertaking|||32,900|60,765|
|Accrued|expenses|||159,783|197,185|154,196|193,085|
|||||4,260,719|3,774,740|4,276,288|3,827,532|





## 

## 

|||GROUP||CHARITY||
|---|---|---|---|---|---|
|||2021|2020|2021|2020|
|Bank loans (see note 23)||3,909,246|2,022, 140|3,909,246|2,022, 140|
|Fees received in advance (see note 22)||423,951|321,304|423,951|321,304|
|Deposits|f'rom parents|817,875|717,672|817,875|717,672|
|Pension|deficit (see note 24)|178,204|195,973|178,204|195,973|
|||5,329,276|3,257,089|5,329,276|3,257,089|



## 

||||2021|2020|
|---|---|---|---|---|
|Within|one|year|475,268|379,196|
|Within|one|to two years|211,940|174,860|
|Within|two|to five years|212,011|146,444|
||||899,219|700,500|





## 

## 

## 

|An analysis ofthe maturity ofloans is given below:|||
|---|---|---|
||2021|2020|
|Amounts<br>falling due within one year on demand:|||
|Bank overdraft|345,243||
|Bank loans|112,995|425,975|
||458,238|425,975|
|Amounts<br>falling due between two and five years:|||
|Bank loans -2-5 years|926,332|435,153|
|Amounts<br>falling due in more than five years:|||
|Bank loans more 5yr|2,982,914|1,586,987|



## 



## 

## 

## 

## 

|Minimum<br>lease payments<br>under non-cancellable<br>operating|leases fall due as follows:||
|---|---|---|
||2021|2020|
|Within one year<br>Between one and five years|117,642<br>131,390|114,201<br>234,693|
||249,032|348,894|





## 

## 

## 

|||||At 1.9.20|Net movement|Transfer|Transfer|At 31.8.21|
|---|---|---|---|---|---|---|---|---|
||||||in funds|between|funds||
|Unrestricted||funds|||||||
|General fund||||7,309,806|1,436,107|||8,745,913|
|Restricted funds|||||||||
|RCF||||1,143,765|170,574|||1,314,339|
|Permanent|Endowment||Fund|11,054,353||||11,054,353|
|TOTAL FUNDS||||19,507,924|1,606,681|||21,114,605|
|Net movement||in funds,|included|in the above are as follows:|||||
|||||Incoming|Resources|Gains and||Movement<br>in|
|||||resources|expended||losses|funds|
|Unrestricted||funds|||||||
|General fund||||18,338,604|(16,900,849)||(1,648)|1,436,107|
|Restricted|funds||||||||
|RCF||||95,141|(83,101)||158,534|170,574|
|Permanent|Endowment||Fund||||||
|TOTAL FUNDS||||18,433,745|(16,983,950)||156,886|1,606,681|





## 

## 

## 

|Comparativ|e|movement|in fund|s|s||||
|---|---|---|---|---|---|---|---|---|
|||||At 1.9.19 Net movement||Transfer||At 31.8.20|
||||||in funds|between|funds||
|Unrestricted||funds|||||||
|General<br>fund||||5,538,393|1,771,413|||7,309,806|
|Restricted|funds||||||||
|RCF||||1,131,017|12,748|||1,143,765|
|Permanent|Endowment||Fund|11,054,353||||11,054,353|
|TOTAL FUNDS||||17,723,763|1,784,161|||19,507,924|
|Net movement||in funds,|included|in the above are as follows:|||||
|||||Incoming|Resources|Gains and||Movement<br>in|
|||||resources|expended||losses|funds|
|Unrestricted||funds|||||||
|General<br>fund||||18,136,735|(16,209,584)|(155,738)||1,771,413|
|Restricted|funds||||||||
|RCF||||135,782|(121,000)||(2,034)|12,748|
|Permanent|Endowment||Fund||||||
|TOTAL FUNDS||||18,272,517|(16,330,584)|(157,772)||1,784,161|





## 

## 

|||||At 1.9.20|Net movement|Transfer|Transfer|At 31.8.21|
|---|---|---|---|---|---|---|---|---|
||||||in funds|between|funds||
|Unrestricted||funds|||||||
|General fund||||7,228,445|1,480,412|||8,708,857|
|Restricted|funds||||||||
|RCF||||1,143,765|170,574|||1,314,339|
|Permanent|Endowment||Fund|11,054,353||||11,054,353|
|TOTAL FUNDS||||19,426,563|1,650,986|||21,077,549|
|Net movement||in funds,|included|in the above are as follows:|||||
|||||Incoming|Resources|Gains and||Movement<br>in|
|||||resources|expended||losses|funds|
|Unrestricted||funds|||||||
|General fund||||18,286,956|(16,804,896)||(1,648)|1,480,412|
|Restricted|funds||||||||
|RCF||||95,141|(83,101)||158,354|170,574|
|Permanent|Endowment||Fund||||||
|TOTAL FUNDS||||18,382,097|(16,887,997)||1,886|1,650,986|





## 

## 

## 

|Comparativ|e|movement|in fund|s|s||||
|---|---|---|---|---|---|---|---|---|
|||||At 1.9.19 Net movement||Transfer||At 31.8.20|
||||||in funds|between|funds||
|Unrestricted||funds|||||||
|General<br>fund||||5,433,993|1,794,452|||7,228,445|
|Restricted|funds||||||||
|RCF||||1,131,017|12,748|||1,143,765|
|Permanent|Endowment||Fund|11,054,353||||11,054,353|
|TOTAL FUNDS||||17,619,363|1,807,200|||19,426,563|
|Net movement||in funds,|included|in the above are as follows:|||||
|||||Incoming|Resources|Gains and||Movement<br>in|
|||||resources|expended||losses|funds|
|Unrestricted||funds|||||||
|General<br>fund||||18,061,822|(16,111,632)|(155,738)||1,794,452|
|Restricted|funds||||||||
|RCF||||135,782|(121,000)||(2,034)|12,748|
|Permanent|Endowment||Fund||||||
|TOTAL FUNDS||||18,197,604|(16,232,632)|~157,772)||1,807,200|





## 

##