## |||Page|| |---|---|---|---| |Report ofthe Trustees|1|to|9| |Report ofthe Independent
Auditors|10|to|11| |Statement ofFinancial Activities||12|| |Balance Sheet||13|| |Cash Flow Statement||14|| |Notes to the Cash Flow Statement||15|| |Notes to the Financial Statements|16|to|23| |Detailed Statement ofFinancial Activities|24|to|25| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Registered Charity|Registered Charity|number|number| |---|---|---|---| |269264|||| |Registered office|||| |190Dyke Road|||| |Brighton|||| |East Sussex|||| |BN1 SAA|||| |Trustees|||| |N DBaxter|||| |Mrs CA Mannion|Watson||| |JPatching (resigned||1/6/2020)|| |G Rowlands-Hempel|||| |TPearson-Rujas|(resigned||10/9/2019)| |H Martin|||| |Company Secretary|||| |GRowlands-Hempel|||| |Senior Statutory|Auditor||| |Chris Tyler FCA|DChA||| |Auditors|||| |Chariot House Limited|||| |Chartered
Accountants|||| |44 Grand Parade|||| |Brighton|||| |East Sussex|||| |BN2 9QA|||| |Advisers|||| |WJ JKnight|||| |DrEJEadie|||| |Mrs JD Hart|||| |Headteacher|||| |JIngrassia|||| |Head ofFinance|and Operations||| |JWailer|||| ## ## ## ## ## ## ## ## ## ## ## ## |||||2020|2019| |---|---|---|---|---|---| |||||Unrestricted|Unrestricted| |||||fund|funds| ||||Notes||| |INCOME AND KNDOWINENTS
Donations
and legacies||FROM||3,830|6,908| |Charitable
activities
School Fees Receivable
Other Income||||1,204,928
668|1,353,561
850| |Investment
income||||1 443|2,881| |Total||||1,210,869|1,364,200| |EXPENDITURE ON|||||| |Charitable
activities
School operating
costs
School operating
costs
School operating
costs
schooling|- Teaching
- Premises
- Support costs of|||916,942
136,766
198,625|1,073,635
147,731
216,984| |Total||||1,252,333|1,438,350| |NET INCOME/(EXPENDITURE)||||(41,464)|(74,150)| |RECONCILIATION|OF FUNDS||||| |Total funds brought forward||||2,311,154|2,385,304| |TOTAL FUNDS CARRIED FORWARD||||2269690|2 311154| ## |||2020|2019| |---|---|---|---| |||Unrestricted|Unrestricted| |||fund|funds| ||Notes|f.|E| |FIXEDASSETS
Tangible assets||3,078,790|1,842,714| |CURRENT ASSETS
Debtors
Cash atbank|10|58,280
173944|39,011
683308| |||232,224|722,319| |CREDITORS
Amounts
falling due within one year||(482,074)|(212,029)| |NET CURRENT ASSETS||~249850)|510290| |TOTAL ASSETSLESSCURRENT
LIABILITIES||2,828,940|2,353,004| |CREDITORS
Amounts
falling due after more than one year|12|(559/50)|(41,850)| |NET ASSETS||2269690|2 311154| |FUNDS
Unrestricted
funds|15|2269690|2 311 154| |TOTAL FUNDS||2 269690|2 311154| ## ||||||2020|2019| |---|---|---|---|---|---|---| |||||Notes||| |Cash flows from operating||activities||||| |Cash generated
from operations|||||758334|75,316| |Net cash provided by operating
activities|||||758334|75 316| |Cash flows from investing||activities||||| |Purchase oftangible
fixed|assets||||(1,277,786)|(285,140)| |Sale oftangible fixed assets|||||8,645|| |Interest received|||||1 443|2 881| |Net cash used in investing|activities||||~1267698)|~282 259)| |Change in cash and cash|equivalents||ln|||| |the reporting
period|||||(509,364)|(206,943)| |Cash and cash equivalents||at the||||| |beginning ofthe reporting||period|||683 308|890251| |Cash and cash equivalents||at the end|of|||| |the reporting
period|||||173944|683 308| ## |||2020|2019| |---|---|---|---| ||||E| |Net expenditure
for the reporting
Financial Activities)|period (as per the Statement of|(41,464)|(74,150)| |Adjustments
for:
Depreciation
charges
Profit on disposal offixed assets
Interest received
(increase)/decrease
in debtors
Increase in creditors||33,742
(677)
(1,443)
(19,269)
787445|34,737
(2,881)
37,789
79 821| |Net cash provided
by operations||758334|75 316| ## ||At 1/9/19|Cash flow|At 31/8/20| |---|---|---|---| |Net cash
Cash at bank|683 308|~509 364|173944| ||683 308|~509364)|173944| |Debt
Debts falling due after 1year||~515000|~515000| |||~515000|~515 000| |Total|683 308|~1 024 364|~341 056| ## ## ## ## ## |Freehold|land is not depreciated.|| |---|---|---| |Freehold
Fixtures|buildings
with an expected life over 50years
and Fittings|2%on cost
10%on cost| |Computer
equipment
Motor Vehicles||10%on cost
20%on cost| ## ## ## ## ## ## ||2020|2019| |---|---|---| ||E|| |Donations|~3830|~6908| |INVESTMENT INCOME||| ||2020|2019| |Deositaccountinterest|~1443|~2881| ## ## ## |INCOME F|ROM CHAR|ITABLE ACTIVITIES||| |---|---|---|---|---| |||Activity|2020f|2019| |Years 1 to 6||School Fees Receivable|1,056,280|1,115,309| |Reception 4,|Nursery|School Fees Receivable|211,430|208,593| |Bursaries||School Fees Receivable|(102,903)|(69,820)| |StaffDiscounts||School Fees Receivable|(31,033)|(20,134)| |Extras||School Fees Receivable|67,924|116,915| |Registration|fees|School Fees Receivable|3,230|2,698| |Other income||Other Income|668|850| ||||1205596|1354411| |CHARITABLE ACTIVITIES COSTS||||| |||Direct| |---|---|---| |||Costs| |||E| |School operating|costs - Teaching|916,942| |School operating|costs - Premises|136,766| |School operating|costs - Support costs|| |ofschooling||198625| |||1252333| ## |||||2020|2019| |---|---|---|---|---|---| |Depreciation - owned assets||||33,742|34,737| |Other operating
leases||||6,903|8,792| |Surplus|on disposal offixed assets|||(677)|| |Auditor's|remuneration|-|Audit|2,950|2,850| |Auditor's|remuneration|-|non Audit|~2570|~2550| ## ## ## |||2020|2019| |---|---|---|---| |||f,|E| |Wages
Social
Other|and salaries
security costs
pension costs|900,258
68,913
49 129|1,002,009
84,754
32 170| |||1018300|1138933| |The avera|ge monthly
number ofemployees
during|the year was as follows:|| |---|---|---|---| |||2020|2019| |Teaching
Others|Staff|37
7|39
7| |||44|46| ## |TANGIBLE FIXEDASSETS|||||| |---|---|---|---|---|---| |||Fixtures|||| ||Freehold|and|Motor|Computer|| ||property|fittings|vehicles|equipment|Totals| ||||||E| |COST|||||| |At 1st September 2019
Additions
Disposals|2,256,095
1,277,786|105,844|9,960
~9960|51,705|2,423,604
1,277,786
~9960)| |At 31stAugust 2020|3 533881|105844||51705|3 691430| |DEPRECIATION|||||| |At 1st September 2019
Charge foryear
Eliminated
on disposal|457,226
28,275|87,089
2,713|1,992
~1992)|34,583
2,754|580,890
33,742
~1992)| |At 31stAugust 2020|485 501|89 802||37337|612640| |NET BOOKVALUE|||||| |At 31stAugust 2020|3 048380|16042|-|14368|3078790| |At 31stAugust 2019|1798869|18755|7 968|17122|1 842 714| |DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||||| |||||2020|2019| |Fee Debtors
Prepayments
and accrued income||||49,520
~8760|31,037
~7974| |||||58 280|~39 011| |CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||||| |||||2020|2019| ||||||E| |Trade creditors||||145,500|7,531| |Other creditors||||192,436|98,022| |Accruals and deferred income||||144 138|106476| |||||482 074|212029| ## ## |CREDITORS:AMOUNTSFALLING DUE AFTER MORE THAN|ONE YEAR|| |---|---|---| ||2020|2019| |Bank loans (see note 13)
Final term deposits|515,000
44 250|41 850| ||559 250|41 850| |LOANS||| |An analysis ofthe maturity ofloans is given below:||| ||2020|2019| ||E|E| |Amounts
falling due between two and five years:
Bank loans -2-5 years|54621|| |Amounts
falling due in more than five years:||| |Repayable by instalments:||| |Bank loans payable after more than 5years by instalments||| |The loans are secured by legal charges over the property.||| |The loan is scheduled tobe repaid in 2045.||| ## ||2020|2019| |---|---|---| |||E| |Within one year
Between one and five years|12,447
39330|7,248
9532| ||51777|16780| ## |MOVEMEN|T IN FUNDS|||| |---|---|---|---|---| ||||Net|| ||||movement|At| |||At 1/9/19|in funds|31/8/20| |||f,||| |Unrestricted
General fund|funds|2,311,154|(41464)|2269690| |TOTAL FUNDS||2311154|~41 464|2 269690| ## ## |||Incoming|Resources|Movement| |---|---|---|---|---| |||resources|expended|in funds| ||||f,|E| |Unrestricted
General fund|funds|1,210,869|(1,252,333)|(41,464)| |TOTAL FUNDS||1210869|~) 252 333|~4) 464)| |Comparatives|for movement
in funds|||| |---|---|---|---|---| ||||Net|| ||||movement|At| |||At 1/9/18|in funds|31/8/19| |Unrestricted
General fund|funds|2,385,304|(74,150)|2,311,154| |TOTAL FUNDS||2 385304|~74 150)|2,311 154| |Comparative|net movement
in funds, includ|ed
in the above are as follows:||| |---|---|---|---|---| |||Incoming|Resources|Movement| |||resources|expended|in funds| |Unrestricted
General fund|funds|1,364,200|(1,438,350)|(74,150)| |TOTAL FUNDS||1 364200|~1 438350)|~74 150| ## ##