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2021-08-31-accounts

CONTENTS			Page
Trustees and	Advisers
Trustees' Report			2-9
Statement of	Trustees'	Responsibilities	10
Independent	Auditors'	report	11 - 13
Statement of	financial	activities	14
Balance sheet			15
Statement of	cash flows		16
Notes to the	financial	statements	17 - 24

Key	2021	of which	2021	Key	2020	of which	2020
Stage	Pupils	Boarding	Boarders	Stage	Pupils	Boarding	Boarders
KS 1	3	Weekly	3	KS 1	1	Weekly	1
KS2	17	Termly	7	KS2	10	Termly	4
KS3	26	52 week	11	KS 3	22	52 week	11
KS4	14			KS4	8
KS5	19			KS5	24

				2021	2021	2021	2020
				Children &	Adult
				Young	Supported	Total	Total
				People	Living
INCOME
Fees received				8,636,838	1,145,983	9,782,821	8,867,955
Grants and Bursaries				736,923		736,923	768,875
Other income	received			645,147	141,777	786,924	230,244
Total income				10,018,908	1,287,760	11,306,668	9,867,074
EXPENDITURE
Staff costs				8,056,136	1,082,632	9,138,768	8,402,593
Premises costs				715,399	12,234	727,633	554,520
Resource costs				238,763	67	238,830	257,328
ICT Costs				139,141	2,517	141,658	127,329
Professional	fees			129,469	2,889	132,358	145,120
Other				16,894		16,894	19,059
Total expenditure				9,295,802	1,100,339	10,396,141	9,505,949
Operating Surplus			/ (Deficit)	723,106	187,421	910,527	361,125
Depreciation	expense			472,757	15,040	487,797	415,360
Total Surplus		/ (Detlcit)		250,349	172,381	422,730	(54,235)

			2021	2021	2021	2021	2020
		Note		5
			Children &	Children &	Adult
			Young	Young	Supported	Total	Total
			People	People	Living
			Restricted	Unrestricted	Unrestricted
INCOME
Charitable activities
Fees				8,636,838	1,145,983	9,782,821	8,867,955
Sundry income				8,801	6,486	15,287	53,153
Voluntary income
Grants to meet expenditure				736,923		736,923	768,875
Donations			620,200	16,146		636,646	60,255
Other trading activities
Rental income					135,291	135,291	116,836
Total income			620,200	9,398,708	1,287,760	11,306,668	9,867,074
EXPENDITURE
Raising funds				(29,611)		(29,611)	(36,775)
Charitable activities				(9,738,948)	(1,115,379)	(10,854,327)	(9,884,534)
Total expenditure				(9,768,559)	(1,115,379)	(10,883,938)	(9,921,309)
Net movement in funds			620,200	(369,851)	172,381	422,730	(54,235)
Fund balances brought	forward
at I September 2020			60,255	16,857,552	906,736	17,824,543	17,878,778
Fund balances carried	forward
at 31August 2021			680,455	16,487,701	1,079,117	18,247,273	17,824,543

			2021		2020
		Notes
FIXEDASSETS
Tangible fixed assets				15,668,570		15,222,314
CURRENT ASSETS
Debtors		6	983,852		2,143,253
Cash at bank and in hand			2,952,489		1,447,259
			3,936,341		3,590,512
CREDITORS: Amounts	falling due within one year	7	(761,431)		(770,783)
NET CURRENT ASSSETS				3,174,910		2,819,729
TOTAL ASSETSLESS	CURRENT LIABILITIES			18,843,480		18,042,043
CREDITORS: Amounts	falling due after one year			(596,207)		(217,500)
NET ASSETS				18)247,243		17,824,543
FUNDS
Children &Young People			16,487,701		16,857,552
Adult Supported Living			1,079,117		906,736
Unrestricted funds				17,566,818		17,764,288
Restricted funds —Children &Young People				680,455		60,255
TOTAL FUNDS				18,247,273		17,824,543

							2021	2020
						Notes
	Net cash provided by operations					A	2,439,282	(143,671)
	Cash flows from Investing Activities
	Purchase offixed assets						(934,052)	(148,034)
	Net cash (used in) investing activities						(934,052)	(148,034)
	Change in cash and cash equivalents	in the	reporting		period		1,505,230	(291,705)
	Net cash and cash equivalents at the beginning		of	period			1,447,259	1,738,964
	Net cash and cash equivalents at end	ofperiod					2,952,489	1,447,259
A.	RECONCILIATION OF NET MOVEMENT IN FUNDS					TO NET
	CASH PROVIDED BYOPERATIONS
							2021	2020
	Net movement in funds						422,730	(54,235)
	Depreciation						487,796	415,360
	Decrease/(Increase) in debtors						1,159,401	(755,616)
	(Decrease)/increase in creditors						369,355	250,820
	Net cash provided by operations						2,439,282	(143,671)
B.	ANALYSIS OF CHANGES IN CASH
	AND CASH EQUIVALENTS				At		Other	At
				31-Aug-2020		Cash Flows	Changes	31-Aug-2021
	Cash and cash equivalents			1,447,259		1,505,230		2,952,489
	Net cash provided by operations			1,447,259		1,505,667		2,952,489

NET INCOME		2021	2020
			g
Net income is stated after charging
Depreciation ofowned	tangible fixed assets	487,796	415,360
Auditors' remuneration	—non audit services	3,500
Auditors' remuneration	—audit services	22,000	22,400

		2021	2021	2021	2021	2020
		Staff Costs	Other Costs	Depreciation	Total	Total
			g
Raising funds		29,611			29,611	36,775
Charitable	activities
Teaching		3,202,100	147,613		3,349,713	3,959,018
Welfare		3,493,425	222,942		3,716,367	3,344,311
Premises		555,673	160,435	487,796	1,203,905	1,431,647
Support	costs	1,826,825	726,383		2,553,208	1,115,372
Grants		31,135			31,135	34,186
		9,138,769	1,257,373	487,796	10,883,938	9,921,309

PARTICULARS O	FEM	PLO	YEES
					2021	2020
					No.	No.
The average persons employed		by the	Trust
during the period was:
					271	274
Their total remuneration	wast
Wages and salaries					7,008,505	6,843,042
Social security costs					634,825	599,550
Other pension costs					856,635	548,361
Other staff costs					122,555	65,771
					8,622,520	8,056,724
Agency staff					516,249	345,870
					9,138,769	8,402,594
The number ofstaff with	emoluments		within	the	2021	2020
following ranges were:					No.	No.
f70,001 - f80,000 f80,001 —f90,000
f90,001 - 6100,000
f100,001 - 2110,000

	School	Springvale
	Leasehold	Leasehold
	premises	premises	Total
	g		g
Cost
Beginning ofperiod	15,301,034	752,000	16,053,034
Additions	896,415	37,637	934,052
End ofyear	16,197,449	789,637	16,987,086
Depreciation
Beginning ofperiod	800,640	30,080	830,720
Charge for the period	472,756	15,040	487,796
End ofyear	1,273,396	45,120	1,318,516
Net BookValue
As at 31 August 2021	14,924,053	744,517	15,668,570
As at 31 August 2020	14,500,394	721,920	15,222,314

DEBTORS
	2021	2020
Fee debtors	932,229	1,952,810
Other debtors	51,623	190,443
	983,852	2,143,253

Amounts	falling due within	2021	2020
one year		K
Trade creditors		327,532	229,407
Accruals		71,600	92,585
Staff costs	provision	36,293	35,570
Payroll creditors		244,702	69,007
Other creditors		81,304	344,214
		761,431	770,783
Amounts	falling due after	2021	2020
one year
Staffcosts	provision	596,207	217,500

				Brought			Carried
				forward at			forward at
				I September	Income	Expenditure	31August
				2020	2021	2021	2021
Children	and	Young People		16,857,552	9,398,708	(9,768,559)	16,487,701
Adult Supported			Living	906,736	1,287,760	(1,115,379)	1,079,117
Unrestricted		funds		17,764,288	10,686,468	(10,883,938)	17,556,818
Restricted	funds			60,255	620,200		680,455
Total funds				17,824,543	11,306,668	(10,883,938)	18,247,273

					Unrestricted	Unrestricted	Restricted	Total	Total
						funds	funds	2021	2020
						2021	2021
	Tangible Fixed		Assets		14,988,115		680,455	15,668,570	15,222,314
	Current assets					3,963,901		3,963,901	3,590,512
	Current liabilities					(788,991)		(788,991)	(770,783)
	Non-current liabilities					(596,207)		(596,207)	(217,500)
					17,566,818		680,455	18,247,273	17,824,543
.	FINANCIAL		INSTRUMENTS
								2021	2020
Financial assets that			are debt	instruments	measured	at amortised	cost	1,011,412	2,143,253
Financial liabilities		measured		at amortised	cost			1,385,198	988,283