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2020-08-31-accounts

Page No.
Report ofthe Directors 1-6
Independent Auditors Report 7-9
Consolidated Statement of Financial Activities 10
Consolidated Balance Sheet
Consolidated Statement ofCash Flows 12
Notes to the Financial Statements 13-19
Statement
of		 Financial Activities —Parent Company 20
Balance Sheet —Parent Company 21

Unrestricted Designated Restricted Total Notes
Funds Funds Funds Funds 2019
Income & Endowments
from:
Grants, Donations
8 Legacies		 90,419 90,793 181,212 139,134
Other Trading Activities 326,749 326,749 323,056
Investments:
interest, dividends, rents		 30,866 30,866 26,629
Income from charitable activities 2,915,145 2,915,145 2,050,269
Total 3,363,179 90,793 3,453,972 2,539,088
Expenditure
on:
Raising Funds 300,648 300,648 10 214,864
Charitable
activities		 3,171,434 46,459 3,217,893 11 2,292,378
Total 3,472,082 46,459 3,518,541 2,507,242
Net Income/(Expenditure)
before		 gains and losses (108,903) 44,334 (64,569) 31,846
on investment
assets
Gain/(Loss)
on investment
assets:
Realised Gain/(Loss) 66
Unreaslised
Gain/(Loss)		 238,387 238,387 4 1,251
Total 238,387 238,387 1,317
Net Income/(Expenditure) 129,484 44,334 173,818 33,163
Transfers
Gross transfers
between		 funds (7,779) 7,779
Net incoming
resources		 before other
recognised
gains and losses		 121,705 52,113 173,818 33,163
Other recognised
gains or losses
Pensions Trust Deficit 17 (26,409)
Net movement in funds 121,705 52,113 173,818 6,754
Reconciliation
of Funds
Total funds brought
forward		 3,576,870 275,411 3,852,281 3,845,527
Total Funds carried forward 3,698,575 327,524 4,026,099 3,852,281

Total Notes Prior year
Funds total funds
E f
Fixed Assets
Tangible assets 2,944,957 3 2,896,008
Investments 816,398 4 578,011
Total Fixed Assets 3,761,355 3,474,019
Current Assets
Debtors 183,003 5 48,216
Short term bank deposits 38,892
Cash at bank and in hand 594,366 478,758
Total Current Assets 777,369 565,866
Liabilities:
Creditors
falling due within		 1 year 512,625 6 94,789
Net Current Assets 264,744 471,077
Total assets less current liabilities 4,026,099 3,945,096
Defined Benefit Pension Scheme Liability 17 92,815
Net Assets Including Pension Liability 4,026,099 3,852,281
Funds ofthe Foundation
Unrestricted
Income Funds		 3,698,575 15 3,576,870
Restricted
Income		 Funds 327,524 15 275,411
Total Foundation Funds 4,026,099 3,852,281

2020 2019
E
Net Cash Used in operating activities (note 21) 176,546 13,769
Cash Flows from investing activities
Investment
Income		 30,866 26,629
Purchase of Quoted Investments (300,000)
Proceeds ofdisposal of Quoted Investments
Purchase of Fixed Assets		 ~130,696 155,588
81,174)
Cash Provided
by (used in)		 investing activities 99,830) 198,957
Increase (decrease)
in cash		 and cash equivalents
end ofthe period 76,716 (212,726)
Cash and cash equivalents
at		 the beginning ofthe period 517,650 730,376
Total cash and cash equivalents at the end ofthe period 594,366 517,650
Held as:
Short term bank deposits 38,892
Cash at bank and
in hand		 594,366 478,758
Total cash and cash equivalents at the end ofthe period 594,366 517,650

3 TANGIBLE ASSETS
Freehold Property Under Leasehold Motor Plant and Total
Property Construction Property Vehides Equipment
(long)
6
COST
At 1 April 2019 2,632,736 583,649 335,288 498,886 4,050,559
Additions
in year		 39,278 41,129 50,289 130,696
Disposals
in year		 (53,116) (53,116)
At 31 August 2020 2,632,736 39,278 583,649 323,301 549,175 4,128,139
DEPRECIATION
At 1 April 2019 40,660 388,010 239,351 486,530 1,154,551
Charge for the year 31,713 39,448 10,586 81,747
Disposals
in year		 (53,116) (53,116)
At 31 August 2020 40,660 419,723 225,683 497,116 1,183,182
NET BOOK VALUE
At 31 August 2020 2 592,076 39,278 163,926 97,618 52,059 2,944 957
At 31 March 2019 2,592,076 195,639 95,937 12,356 2,896,008
4 INVESTMENTS
2020 2019
6 5
Quoted investments:
Mid market value
1 April 2019 / 1 April 2018		 301,699 155,970
Investments
additions		 300,000
Investments
acquired		 by Legacy
Investments
disposals		 (155,588)
Realised
gain on investments		 sold 66
Unrealised
gain/(loss)		 14,699 1,251
Mid market value 31 August 2020 / 31 March 2019 316,398 301,699
Investment
property:
Market value 1 April 2019/1 April 2018 276,312 276,312
Unrealised
gain		 223,688
Market value 31 August 2020/31 March 2019 500,000 276,312
Total Investments 816,398 578,011

5 DEBTORS 2020 2019
f f
Trade debtors 772
School fees and other charitable fees receivable 142,428 20,150
Other debtors and prepayments 40,575 27,294
183,003 48,216
6 CREDITORS (due within one year) 2020
f		 2019
f
Tax and social security creditors 32,568 31,690
Deferred Income 398,030 8,740
Other creditors &accruals 82,027 54,359
512,625 94,789
Deferred income represents cash received or debtors recognised in respect of charitiable activities to be undertaken in future periods.
7 DONATIONS
8		 LEGACIES Unrestricted Restricted 2020 2019
Funds
f		 Funds
f		 Totalf Totalf
Donations 30,190 64,454 94,644 47,140
Grants 60,229 26,339 86,568 91,994
90,419 90,793 181,212 139,134
8 OTHER TRADING ACTIVITIES Unrestricted Restricted 2020 2019
Funds
F		 Funds
f		 Totalf Totalf
Hire of Facilities 78,085 78,085 90,029
Sales Receipts Subsidiary Company (Charity Shops) 248,664 248,664 233,027
326,749 326,749 323,056
9 INCOME FROM CHARITABLE ACTIVITIES
Unrestricted Restricted 2020 2019
Funds Funds
f		 Totalf Totalf
Bramley
Hill Centre		 482,419 482,419 384,285
Jean Garwood House 694,089 694,089 531,174
Rutherford
School		 1,738,637 1,738,637 1,134,810
2,915,145 2,915,145 2,050,269
10 COSTS OF RAISING FUNDS Unrestricted Restricted 2020 2019
Funds Fundsf Totalf Totalf
Direct staff and administration of charity shops 227,437 227,437 161,468
Allocation
of support costs		 to charity shops 47,711 47,711 33,018
Direct staff and admininstration costs of Appeals department 25,500 25,500 20,378
300,648 300,648 214,864
11 EXPENDITURE ON CHARITABLE ACTIVITIES (including allocation ofsupport costs)
Unrestricted Restricted 2020 2019
Funds
f		 Fundsf Totalf Totalf
Bramley
Hill Centre		 653,892 6,450 660,342 484,639
Jean Garwood House 755,200 17,244 772,444 518,849
Rutherford
School		 1,762,342 22,765 1,785,107 1,288,890
3,171,434 46,459 3,217,893 2,292,378

SUPPORT C OSTS (in clu ded
in Note 1		 1)
Jean
Bramley Hill Garwood Rutherford
Centre House School Total
2020
E F f E
Administration Staff Costs 47,834 47,834 47,834 143,502
Information
Technology		 483 483 483 1,449
Governance
Costs		 5,452 5,452 5,452 16,356
Caravan
Depreciation		 &Expenses 4,642 4,642 4,642 13,926
Other costs 16,287 16,287 16,287 48,861
Allocated to Fund Raising Trading
(Croydon CP Trading		 Ltd) 15,903 15,904 15,904 47,711
Total Support Costs for the period ended 31st August 2020: 58,795 58,794 58,794 176,383
Total Support Costs for the year ended 31st March 2019: 42,928 42,928 42,928 128,784
Support costs are allocated to operating units in equal proportions.
STAFF COSTS
These costs are included
"Expenditure
on charitable		 in "Costs of raising funds" and
activities" and consist of:		 2020
6		 2019
f
Salaries and wages 2,244,601 1,545,387
Social security costs 179,872 120,032
Pension costs 75,842 43,381
2,500,315 1,708,800
Included
in salaries and pension costs above		 are employee and employer contributions (respectively) to the defined contribution
pension schemes
referred		 to in Accounting
Policies (Note 1i).
2020 2019
The estimated average number
of employees;		 Number Number
Direct charitable
activities		 82 74
Management and administration 9 9
Appeals 1 1
92 84

retirement
benefits accruing
under a statutory
defined		 benefit pension sche me (Teache me (Teache rs Pension).
The total remuneration
of key management
personnel		 during the 17month period was 5289,320 (2019year: 5197,402)
14 NET INCOME I EXPENDITURE FOR THE YEAR 2020 2019
f
This is stated after charging
the following;
Depreciation 81,747 37,321
Operating
lease payments
recognised as an expense		 45,254 32,183
Auditors
Remuneration
- audit ofthese financial
statements		 6,500 6,500
Auditors
Remuneration
-other services (audit of subsidiary,		 interim accounts, advising generally) 7,130 2,075
Balance Movement in resources: in resources: Balance
Fund 01-Apr-19
6		 Incoming
E		 Outgoing
f		 Transfers
5		 31-Aug-20
5
nrestricted Funds 3,576,870 3,601,566 3,472,082 7,779 3,698,575
Restricted
Funds
RS Donations & Legacies 38,225 54,969 (11,715) 81,479
JGH Donations &Legacies 10,398 15,939 26,337
BH Donations &Legacies 33,247 9,885 (6,450) 36,682
IT Admin
Expenditure		 4,500 4,500
Hydrotherapy Pool 98,626 98,626
Minibus
Fund		 90,415 10,000 (28,294) 7,779 79,900
275,411 90,793 46,459 7,779 327,524
Total 3,852,281 3,692,359 3,518,541 4,026,099
Comparaitve movements in funds:
Balance Movement in resources; Balance
01-Apr-18 Incoming Outgoing Transfers 31-Mar-19
F 5 6 6 F
Unrestricted Funds 3,647,980 2,422,829 (2,493,939) 3,576,870
Restricted
Funds		 197,547 117,576 39,712 275,411
Total 3,845,527 2,540,405 2,533,651 3,852,281
Description ofRestricted Funds
RS Donations & Legacies: Donations
and		 legacies restricted for the benefit of Rutherford School.
JGH Donations &Legacies: Donations
and		 legacies restricted for the benefit ofJean Garwood House.
BH Donations &Legacies: Donations
and		 legacies restricted for the benefit of Bramley Hill.
IT Admin
Expenditure:		 Donations
restricted to cover		 costs of IT expenditure.
Hydrotherapy Pool: Donations
restricted to cover		 costs of construction of the Hydrotherapy
Pool (Part ofthe "19-25 Project")
Minibus
Fund:		 This fund represents
the net		 book value of minibuses purchased with grants that were received
specifically to fund their purchase.

ANALYS IS OF NET AS SETS BETWEE N FUNDS A S AT 31AU GU ST 2020
Unrestricted RS
Donations
&Legacies		 JGH
Donations
Legacies		 & BH Donations
&Legacies		 IT Admin
Expenditure		 Hydrotherapy
Pool		 Minibus
Fund		 Total
5 6 5 F
Tangible Fixed Assets 2,786,879 38,900 39,278 79,900 2,944,957
Investments 816,398 816,398
Debtors 183,003 183,003
Bank deposits
Cash 424,920 42,579 26,337 36,682 4,500 59,348 594,366
Creditors (512,625) (512,625)
Net Assets 3,698,575 81,479 26,337 36,682 4,500 98626 79,900 4,026,099

Unrestricted Designated Restricted Total
Funds Funds Funds Funds 2019
Income K Endowments
from;
Grants,
Donations
&Legacies		 50,391 90,793 141,184 139,134
Donation
from Trading
Subsidiary		 13,672 13,672 38,594
Other Trading
Activities		 78,085 78,085 90,029
Investments;
interest, dividends, rents		 30,738 30,738 26,576
Income from charitable activities 2,915,145 2,915,145 2,050,269
Total 3,088,031 90,793 3,178,824 2,344,602
Expenditure
on:
Raising
Funds		 25,500 25,500 20,378
Charitable
activities		 3,171,434 46,459 3,217,893 2,292,378
Total 3,196,934 46,459 3,243,393 2,312,756
Net Income/(Expenditure)
before		 gains and losses (108,903) 44,334 (64,569) 31,846
on investment
assets
Gain/Loss
on investment
assets
Realised Gain/(Loss) 66
Unreaslised
Gain/(Loss)		 238,387 238,387 1,251
Total 238,387 238,387 1,317
Net Income/(Expenditure) 129,484 44,334 173,818 33,163
Transfers
Gross transfers
between		 funds (7,779) 7,779
Net incoming
resources		 before other
recognised
gains and losses		 121,705 52,113 173,818 33,163
Other recognised
gains or losses
Pensions Trust Deficit (26,409)
Net movement in funds 121,705 52,113 173,818 6,754
Reconciliation
of Funds
Total funds
brought
forward		 3,576,870 275,411 3,852,281 3,845,527
Total Funds carried forward 3,698,575 327,524 4,026,099 3,852,281

Total Prior year
Funds total funds
Fixed Assets
Tangible assets 2,944,957 2,896,008
Investments 816,400 578,013
Total Fixed Assets 3,761,357 3,474,021
Current Assets
Debtors 306,111 329,622
Short term bank deposit 38,892
Cash at bank and
in hand		 464,903 192,860
Total Current Assets 771,014 561,374
Liabilities:
Creditors
falling due within		 1 year 506,272 90,299
Net Current Assets 264,742 471,075
Total assets less current liabilities 4,026,099 3,945,096
Defined Benefit Pension Scheme Liability 92,815
Net Assets
Including		 Pension Liability 4,026,099 3,852,281
Funds ofthe Foundation
Unrestricted
Income Funds		 3,698,575 3,576,870
Restricted
Income Funds		 327,524 275,411
Total Foundation
Funds		 4,026,099 3,852,281
Frank Newton
Directors
John Newton