2020-08-31-accounts

		Page
Report ofthe Trustees	1	to	12
Report ofthe Independent Auditors	13	to	14
Statement ofFinancial Activities		15
Balance Sheet	16	to	17
Cash Flow Statement		18
Notes to the Cash Flow Statement		19
Notes to the Financial Statements	20	to	29
Detailed Statement ofFinancial Activities		30

			2020	2019
			Unrestricted	Total
			funds	funds
		Notes
INCOME AND ENDOWMENTS FROM
Charitable activities		3
School			1302492	1,525,973
Investment income			8 1108	7 933
Total			14109400	1,533,926
EXPENDITURE ON
Charitable activities
School			1,518,306	1,512,084
NET INCOME/(EXPENDITURE)			(207,906)	21,842
RECONCILIATION	OF FUNDS
Total fuads brought	forward		1,406,970	1,385,128
TOTAL FUNDS CARRIED FORWARD			1199064	1406970

			2020	2019
			Unrestricted	Total
		Notes	funds	fundsf
FIXEDASSETS
Tangible assets		12	605,942	637,086
CURRENT ASSETS
Debtors		13	435,406	9&,331
Cash at bank and in hand			016965	1 430669
			I/52@71	1,529,000
CREDITORS
Amounts falling due within one year		14	(577,749)	(666,616)
NET CURRENT	ASSETS		674622	862384
TOTAL ASSETSLESSCURRENT
LIABILITIES			1480,564	1,499,470
CREDITORS
Amounts falling due after more than one
year		15	(81+00)	(92,500)
NET ASSETS			I 199064	1,406,970
FUNDS		17
Unrestricted funds:
General fund			52$,197	720,515
Freehold property	fund		470,867	486,455
Major repairs fund			150,000	150,000
Bursary fund			501100	50,000
			1199064	1,406970
TOTAL FUNDS			I 199064	1,406,970

		FORT	HE YEAR ENDE	D 31AUGUST 2020
				2020	2019
			Notes	f.
Cash flows from operating		activities
Cash generated from operations			1	~5907811	112606
Net cash (used in)/provided		by operating activities		~590700	112686
Cash flows from investing		activities
Purchase oftangible fixed	assets			(22,932)	(31,571)
Interest received				0 008	7953
Net cash used in investing	activities			~14924)	~23 618)
Change in cash and cash	equivalents
in the reporting period				(613,704)	89,068
Cash and cash equivalents		at tbe
beginning ofthe reporting		period		I430669	1,341,601
Cash and cash equivalents		at tbe end
ofthe reporting period				016965	1 430,669

OPERATING ACTIVITI	ES
			2020	2019
Net (expenditure)/income	for the reporting	period (as per the
Statement ofFinancial Activities)			(207,906)	21,842
Adjustments for:
Depreciation charges			54,076	58,892
Interest received			(8,008)	(7,953)
Increase in debtors (Decrease)/increase in creditors			(337,075) ~99,86	(8,936) 48,841
Net cash (used in)/provided	by operations		~5907802	112,686

ANALYSIS OF CHANGES IN NET FU	NDS
	At 1/9/19	Cash flow	At 31/8/20
			g
Net cash
Cash at bank and in hand	1,430,669	~613704	016965
	1430669	~613704	016965
Total	1 430 669	~613,704	816965

Freehold	property	2%on cost
Improvements to property		10%on cost
Fixtures	&fittings	10%on cost
Computer	equipment	33%on cost and 25%on cost

		2020	2019
Deposit account interest		~8008	~7953
INCOME FROM CHARITABLE ACTIVITIES
		2020	2019
	Activity
School fees	School	1462/98	1,500,766
Clubs dt activities	School	17,737	19,048
Other ancillary income	School	3/53	6,159
Grants	School	10404
		~13~02 92	1525 973

	CHARITABL	E ACTIVITIES COSTS
			Direct	Support
			Costs (see	costs (see
			note 5)	note 6)	Totals
			f.
	School		1 500 957	~77 49	~7570 00
5.	DIRECT COSTSOFCHARITABLE ACTIVITIES
				2020	2019
	Staffcosts			985,747	938,832
	Other operating	leases		12+04	11,619
	Donations Other teaching	costs		2,033 72,885	3,887 79,913
	Catering			72,089	119,143
	Premises costs Administration	dt finance costs		224,181 64,990	221,159 60,050
	Scholarship award Provision for bad debts Depreciation			12,752 54,076	7,313 (3,316) 58,892
				1500957	1,497,492

		2020	2019
Auditors' remuneration		8,000	8,000
Auditors' remuneration	for non audit work	8,574	5,564
Depreciation - owned	assets	54,076	58,892
Other operating leases		12404	11,619

		2020	2019
Wages	and salaries	784,521	776,759
Social	security costs	71/60	67,832
Other	pension costs	~129966	94,241
		~9&5 747	938,832

The average monthly number ofemployees	during the year was as follows:
	2020	2019
Teaching	29	28
Other	5	5
	34	33

Within Other pension costs the pension costs relating to the defined benefit schem (2019:686,975)and to the defined contribution scheme aref8,865(2019:67,266).	e are f121,10
COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES
	Unrestricted
	funds
INCOME AND ENDOWMENTS FROM
Charitable activities
School	1,525,973
Investment income	7963
Total	1,533,926
EXPENDITURE ON
Charitable activities
School	1,512,084
NET INCOME	21,842
RECONCILIATION OFFUNDS
Total funds brought forward	1,385,128
TOTAL FUNDS CARRIED
FORWARD	7 406,970

		Improvements
	Freehold	to	Fixtures	Computer
	property	property f	ik fittings f	equipment	Totals f
COST
At I September 2019	779478	62,574	256,100	177/15	I/75@67
Additions			~17 54	~5578	~22 932
At 31August 2020	~779 78	~62 74	~273454	~182893	1~98 99
DEPRECIATION
At I September 2019 Charge for year	292,922 ~15588	50,852 ~1954	131,977 ~22 028	162,530 ~14 06	638/81 ~54 076
At 31August 2020	~308510	~52 806	~154005	~177036	~692 57
NET BOOKVALUE
At 31 August 2020	~470868	~9768	~119449	~5857	~605 942
At 31August 2019	~486456	~lt 722	~124 123	~14 785	637,086

		2020	2019
		8
Fees &extras		411,405	85,625
Other debtors		694	637
Prepayments and accrued income		~23 07	12,069
		~435 406	98,331
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2020	2019
		f
Trade creditors		87,022	58,362
Social security and other	taxes	169226	19,047
Other creditors		19,086	20,033
Fees &extras		426,602	485,109
Fee deposits due within	1 year	7,500	6,000
Accrued expenses		~21 13	78,065
		~577 749	666,616

CR	EDITO	RS: AMOUNTS FALLING DUE A	FTER MORE THAN ONE YEAR
			2020	2019
			8
Fee	deposits	repayable	~81 500	92,500

MOVEM	EN	T IN	FUNDS
					Net	Transfers
					movement	between	At
				At 1/9/19	in funds	funds	31/8/20
Unrestricted		funds
General	fund			720,515	(46,988)	(145@30)	528,197
Freehold property Major repairs fund Bursary fund			fund	486,455 150,000 50,000	(15,588) (132,578) ~12 752	132,578 12752	470,867 150,000 50,000
				1406970	~207908		1 199,064
TOTAL	FU	DS		1 406970	~207 9062		1 199064

			Incoming	Resources	Movement
			resources	expended	in funds
Unrestricted	funds
General fund			14109400	(1457488)	(46,988)
Freehold property		fund		(15,588)	(15488)
Major repairs Bursary fund	fund			(132,578) ~12752	(132+78) ~12752
			~110400	)22820 0066)~2tl790
TOTAL FUNDS			IBID 400	~1518 06	~207 90

				Net	Transfers
				movement	between	At
			At 1/9/18	in funds f	funds	31/8/19
Unrestricted	funds
General fund			683,085	169,737	(132,307)	720,515
Freehold property		fund	502,043	(15,588)		486,455
Major repairs Bursary fund	fund		150,000 5D DDD	(124,994) ~7313)	124,994 7,313	150,000 50,000
			1385128	21842		I 4D6 9711
TOTAL FUNDS			1,385,128	21,842		1,406,970

			Incoming	Resources	Movement
			resources	expended f	in funds
Unrestricted	funds
General fund Freehold property Major repairs fund Bursary fund		fund	1,533,926	(1,364,189) (15,588) (124,994) ~7,313)	169,737 (15,588) (124,994) ~7,313
			1,333,926	~1,1)2,084	21,842
TOTAL FUNDS

				Net	Transfers
				movement	between	At
			At I/9/18	in funds	funds	31/8/20
			f	f
Unrestricted	funds
General fund			683,085	122,749	(277,637)	528,197
Freehold property		fund	502,043	(31,176)		470,867
Major repairs Bursary fund	fund		150,000 50000	(257,572) ~20.065)	257,572 20 065	150,000 50,000
			1 385 128	~)86,064		1,199,064
TOTAL FUNDS			1 385 128	~)86,064	.	1 199064

			Incoming	Resources	Movement
			resources f	expended	in funds
Unrestricted	funds
General fund			2,844,326	(2,721,577)	122,749
Freehold property		fund		(31,176)	(31,176)
Major repairs Bursary fund	fund			(257,572) ~200651	(257,572) ~20,065)
			2,844326	~3030390	186,064
TOTAL FUNDS			2,844 326	~3030390	~)86064

	DETAILED STATEMENT OF FINANCIAL ACTIVITIES	DETAILED STATEMENT OF FINANCIAL ACTIVITIES
	FORTHE YEAR ENDED 31AUGUST 2020
		2020	2019
INCOME AND ENDOWMENTS
Investment income
Deposit account interest		8,008	7,953
Charitable activities
School fees		17262/98	1,500,766
Clubs dt activities		17,737	19,048
Other ancillary income		3,953	6,159
Grants		10404
		1302392	1 525 973
Total incoming resources		1410,400	1,533,926
EXPENDITURE
Charitable activities
Wages		784,521	776,759
Social security		71/60	67,832
Pensions		129,966	94,241
Other operating leases		12/04	11,619
Donations		2,033	3,887
Other teaching costs		72,885	79,913
Catering		72,0$9	119,143
Premises costs		224,1$1	221,159
Administration Itt finance costs		64,990	60,050
Scholarship award Provision for bad debts Depreciation oftangible	fixed assets	12,752 54076	7,313 (3,316) 58,892
		1,500,957	1,497,492
Support costs
Governance costs
Auditors' remuneration Auditors' remuneration Legal fees	for non audit work	8,000 89574 775	8,000 5,564 I 028
		~17 49	14,592
Total resources expended		~151006	1.312.0$4
Net (expenditure)/income		~207 906	21 842