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||||||Pages|
|---|---|---|---|---|---|
|Trustees'|annual report (incorporating
the director's report)||||1to 4|
|Independent
auditor's||report to the members|||5tog|
|Statement|offinancial|activities (including|income and expenditure|account)||
|Statement|offinancial|position|||10|
|Statement|ofcash flows|||||
|Notes to|the financial|statements|||12to 20|
|The following pages||do not form part of|the financial statements|||
|Detailed|statement of|financial activities|||22 to 23|
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|Reference|and administrative|and administrative|details||
|---|---|---|---|---|
|Registered|charity name||West Lodge School Limited||
|Charity registration||number|283627||
|Company|registration|number|01590162||
|Principal|office and registered||36Station Road||
|ofSce|||Sidcup||
||||Kent||
||||DA15 7DU||
||||England||
|The trustees|||Mrs. C.A. Head-Rapson||
||||Ms C.Graves||
||||Mrs. P.Martin||
||||Mrs. G.F.Murray||
||||Mrs. M.F.Rohan||
||||Mr G.F.Standing||
||||Mrs. N. A. Gaskin||
||||Mr. C.l.Heayberd||
||||Mrs. J.D.Davies||
||||Miss. K.L.Perrior||
||||Mrs. O.A. Ogungbayi|(Resigned 17Noveinber 2021)|
||||Mr. I.M. Calland||
|Company|secretary||Mrs C.Whyte CPFA Bsc{Hens)||
|Auditor|||Opass Billings Wilson ScHoney|LLP|
||||Chartered
Certified Accountants|&Statutory Auditors|
||||Numeric House||
||||98Station Road||
||||Sidcup||
||||Kent||
||||DA15 7BY||
|Bankers|||National
Westminster||
||||87 Sidcup High Street||
||||Sidcup||
||||Kent||
||||DA14 6UP||
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||||||2021||2020|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
|||||funds|funds|Total funds|Total funds|
||||Note|f||||
|Income and endowments||||||||
|Donations
and legacies|||5||||15,113|
|Other trading activities|||6|1,588,530||1,588,530|1,488,379|
|Investment
income|||7|128||128|1,453|
|Total income||||1,588,658||1,588,658|1,504,945|
|Expenditure||||||||
|Expenditure
on charitable||activiiies|8|1,521,191|481|1,521,672|1,521,587|
|Total expenditure||||1,521,191|481|1i521672|1,521,587|
|Net income/(expenditure)||and net|movement|||||
|in funds||||67,467|(481)|66,986|(16,642)|
|Reconciliatioa offunds||||||||
|Total funds brought|forward|||2,344,410|1,922|2446,332|2,362,974|
|Total funds carried|forward|||2,411,877|1,441|2,413,318|2,346,332|
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||||2021||2020|
|---|---|---|---|---|---|
|||Note|5|||
|FIXEDASSETS||||||
|Tangible fixed assets||14||1,720,310|1,776,370|
|CURRENT ASSETS||||||
|Debtors||15|51,910||56,010|
|Cash at bank and in hand|||1,352,282||899,171|
||||1,404,192||955,181|
|CREDITORS: amounts|falling due within one year|16|507,017||385,219|
|NKT CURRENT ASSETS||||897,175|569,962|
|TOTAL ASSETSLESS|CURRENT LIABILITIES|||2,617,485|2,346,332|
|CREDITORS: amounts|falling due after more than one|||||
|year||17||204,167||
|NET ASSETS||||2,413,318|2,346,332|
|FUNDS OF THE CHARITY||||||
|Restricted funds||||1,441|1,922|
|Unrestricted
funds||||2,411,877|2,344,410|
|Total charity funds||19||2,413318|2,346,332|
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||2021|2020|
|---|---|---|
||8||
|CASH FLOWS FROM OPERATING ACTIVITIES|||
|Net income/(expenditure)|66,986|(16,642)|
|Adjustments for:|||
|Depreciation oftangible fixed assets|85/67|84,594|
|Other interest receivable
and similar income|(128)|(1,453)|
|Interest payable and similar charges|1,053|1,252|
|(Gain)/loss on disposal offixed assets|831||
|Accrued expenses|68,626|5,226|
|Changes in:|||
|Trade and other debtors|49100|(21,236)|
|Trade and other creditors|7,339|11,380|
|Cash generated
from operations|234474|63,121|
|Interest paid|(1,053)|(1,252)|
|Interest received|128|1,453|
|Net cash from operating
activities|233,449|63,322|
|CASH FLOWS FROM INVESTING ACTIVITIES|||
|Purchase oftangible assets|(30438)|(15,540)|
|Proceeds from sale oftangible assets|$31||
|Proceeds from sale ofheritage assets|(831)||
|Net cash used in investing
activities|(30838)|(15,540)|
|CASH FLOWS FROM FINANCING ACTIVITIES|||
|Proceeds from borrowings|250,000||
|Net cash from financing
activities|250,000||
|NET INCREASE IN CASH AND CASH EQUIVALENTS|453,111|47,782|
|CASH AND CASH EQUIVALENTS AT BEGINMNG OFYEAR|899,171|851,389|
|CASH AND CASH EQUIVALENTS AT END OFYEAR|1,352,282|899,171|
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|5.|Donations|and|and|legacies|||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2021|Funds|2020|
||||||f,||||
||Donations|from||parents|||15,113|15,113|
|6.|Other trading|||activities|||||
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2021|Funds|2020|
||School fees receivable||||1,444,142|1,444,142|1,283,344|1,283,344|
||Canteen sales||||83,764|83,764|84,328|84,328|
||Sundry sales||||12,527|12,527|12,843|12,843|
||Registration||fees||2,050|2,050|2,100|2,100|
||Alter school||clubs||13,629|13,629|47,269|47,269|
||Coronavirus||Job Retention Scheme Grant||32&418|32,418|58,495|58,495|
||||||1,588,530|1,588,530|1,488,379|1,488,579|
||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|
||Funds|2021|Funds|2020|
|Bank interest receivable|126|126|1,409|1,409|
|Building society interest receivable|2|2|44|44|
||128|128|1,453|1,453|
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|8.|Expenditure|on charita|bl|e
ac|tivities by fund type||||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total Funds|
|||||||Funds|Funds|2021|
|||||||||8|
||Teaching|||||1,173,910||1,173,910|
||Support
Welfare|||||63,003
119,381|481|63,484
119,381|
||Premises|||||98,597||98,597|
||Support costs|||||66,300||66400|
|||||||1,521,191|481|1,521,672|
|||||||Unrestricted|Restricted|Total Funds|
|||||||Funds|Funds|2020|
||Teaching|||||1,167,998||1,167,998|
||Support
Welfare|||||61,037
121,894|640|61,677
121,894|
||Premises|||||108,640||108,640|
||Support costs|||||61,378||61,378|
|||||||1,520,947|640|1,521,587|
|9.|Analysis ofgovernance|||costs|||||
|||||||Governance|||
|||||||costs|Total 2021|Total 2020|
||Auditor's
remuneration|||||5,500|5,500|5,500|
||Legal and professional
charges
Inspections
Depreciation
Loss on disposal offixed assets
Interest payable|||||11,293
2,238
46,518
831
1,053|11,293
2,23$ 47,349
831
1,053|14,403
3,338
45,139
1,252|
||Bad debts (recovered)/written||||off|(3,410)|(3,410)|(10,539)|
||Professional|association||costs||2,277|2477|2,263|
|||||||66,300|66300|6/,378|
|10.|Net income/(expenditure)||||||||
||Net income/(expenditure)|||is stated after charging/(crediting):|||2021|2020|
||Depreciation oftangible fixed assets
Loss on disposal offixed assets||||||$5,567
831|84,594|
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|||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
|Fees|payable|for|the|audit|ofthe|financial|statements|5,500|5,500|
|Staffcosts||||
|---|---|---|---|
|The total staff costs and|employee benefits for the reporiing period are analysed as follows:|||
|||2021|2020|
|Wages and salaries||973,014|1,000,357|
|Social security costs||79,497|85,091|
|Employer contributions|to pension plans|145,987|132,190|
|Other employee benefits||3,181|3,827|
|||1,201,679|1,221,465|
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|Tangible fixed assets|||||
|---|---|---|---|---|
||Land and|Fixtures and|||
||buildings|fittings Motor|vehicles|Total|
|||8|8||
|Cost|||||
|At I September 2020|2,216,833|419,973|19,785|2,656,591|
|Additions|2,220|28,118||30,338|
|Disposals||(14,978)||(14,978)|
|At 31August 2021|2,219,053|433,113|19,785|2,671,951|
|Depreciation|||||
|At I September 2020|622,478|242,653|15,090|880,221|
|Charge for the year|37,875|46,518|1,174|85,567|
|Disposals||(14,147)||(14,147)|
|At 31August 2021|660,353|275,024|16,264|951,641|
|Carrying
amount
At 31August 2021|1,558,700|158,089|3,521|1,720310|
|At 31August 2020|1,594,355|177,320|4,695|L 776,570|
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|Debtors|||||
|---|---|---|---|---|
||||2021|2020|
||||8|8|
|Trade debtors|||1,642|20,075|
|Prepayments
Other debtors|and accrued income||47,031
31237|23,118
12,817|
||||51,910|56,010|
|Creditors: amounts||falling due within one year|||
||||2021|2020|
||||8||
|Bank loans and overdrafts|||45,833||
|Trade creditors|||26,654|31,431|
|Accruals and|deferred income||260,921|192,295|
|Social security and other taxes|||18,630|20,153|
|Other creditors|||154,979|141,340|
||||507&017|385,219|
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|Unrestricte|d
funds||||||
|---|---|---|---|---|---|---|
|||At||||At|
|||I September||||31August|
|||2020|Income|Expenditure|Transfers|2021|
||||||6||
|General funds||2,318,957|1,588,656|(1,521,191)|1,357|2,387,779|
|Designated|Fund|25,453|2||(1,357)|24&098|
|||2,344,410|1,588,658|(1,521,191)||2,411,877|
|||At||||At|
|||I September||||31August|
|||2019
6|Income|Expenditure
I|Transfers|2020|
|General funds||2,331,819|1,504,901|(1,520,947)|3,184|2, 3&t8,957|
|Designated|Fund|28,593|44||(3,184)|25,453|
|||2,360,412|1,504,945|(1,520,947)||2,344,410|
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|Analysis o|fcharitable
fund|s (eoadeaed)|||||
|---|---|---|---|---|---|---|
|Restricted|funds||||||
|||At||||At|
|||1 September|||31August||
|||2020|Income|Expenditure|Transfers|2021|
|Motor Vehicle||1,922||(481)||1&441|
|||At||||At|
|||1 September|||31August||
|||2019|Income
6|Expenditure|Transfers|2020
f|
|Motor Vehicle||2,562||(640)||1,922|
|Analysis ofnet assets between funds|||||||
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2021|
|||||f|6||
|Tangible fixed assets||||1,718,869|1,441|1,720&310|
|Current assets||||897,175||897,175|
|Creditors greater than I year||||(204,167)||(204,167)|
|Net assets||||2,411,877|1,441|2,413,318|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2020|
|Tangible fixed assets||||1,774,448|1,922|1,720,310|
|Current assets||||569,962||569,962|
|Creditors|greater than 1year||||||
|Net assets||||2,344,410|1,922|2,346,332|
|Analysis ofchanges in net||debt|||||
|||||||At|
|||||At 1 Sep 2020
I|Cash flows|31Aug 2021
8|
|Cash atbank and in hand||||899,171|453,111|1,352,282|
|Debt due
Debt due|within one year
after one year||||(45,833)
(204,167)|(45,833)
(204,167)|
|||||899,171|203,111|1,102,282|
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|||2021|2020|
|---|---|---|---|
||||f.|
|Income and endowments||||
|Donations
and legacies||||
|Donations
from parents|||15,113|
|Other trading activities||||
|School fees receivable||1,444,142|1,283,344|
|Canteen sales||83&764|84,328|
|Sundry sales
Registration
fees||12,527
2,050|12843
2,100|
|Atter school clubs||13,629|47,269|
|Coronavirus
Job Retention|Scheme Grant|32,418|58,495|
|||1,588&530|1,488,379|
|Investment
income||||
|Bank interest receivable||126|1,409|
|Building society interest receivable||||
|||128|1,453|
|Totalincome||1&588,658|1,504,945|
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||||||2021|2020|
|---|---|---|---|---|---|---|
|Expenditure|||||||
|Expenditure
on charitable||activities|||||
|Purchases|||||44,468|42,243|
|Wages snd salaries|||||973,014|1,000,357|
|Employer's NIC|||||79,497|85,091|
|Pension costs|||||145,987|132,190|
|Other post-retirement|benefits||||3,181|3,827|
|Rates and water|||||15,2$5|17,519|
|Light and heat|||||16,075|14,632|
|Repairs and maintenance|||||10,614|22,971|
|Insurance|||||20,746|20,149|
|Legal snd professional|fees||||19,031|23,243|
|Telephone|||||1,615|3,375|
|Other oflice costs|||||772|1,718|
|Depreciation|||||85,567|84,594|
|Other interest payable|snd similar charges||||1,053|1,252|
|DetailedSOFAExpenditureOnCharitableActivities||||Type IH|$31||
|Recruitment
and computer||costs|||24,704|8,670|
|Educational
requisites|and hire ofequipment||||21,484|22,758|
|Stafftraining,
sundry|purchases||and bad debts|recovered|34,122|27,264|
|Field trips|||||23,626|9,734|
||||||1,521,672|1,521,587|
|Total expenditure|||||1,521,672|1,521,587|
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||||2021|2020|
|---|---|---|---|---|
||||6||
|Expenditure
on charitable||activities|||
|Teaching|||||
|Activities undertakes|directly||||
|Salaries|||900,700|923,625|
|Employer's
NIC
Pension costs|||76,898
145,987|82,172
132,190|
|Staffhealth insurance|||3,181|3,827|
|Recruitment
costs|||3&980|1,494|
|Stafftraining|||4,520|5,251|
|Educational
requisites|||15,018|9,705|
|Field trips|||23,626|9,734|
||||1,173,910|1,167,998|
|Support|||||
|Activftfes undertaken|directly||||
|Childrens
insurance|||1,998|4,501|
|Telephone
Other office costs|||1,615
772|3,375
i,ji8|
|Depreciation
Computer
expenses
Sundry purchases
Hire ofequipment|||1,174
20,724
20374
16,827|1,565
7,376'
28,046
25,296|
||||63,484|61,677|
|Welfare|||||
|Activities undertaken|directly||||
|Sundry purchases
Canteen wages and salaries
Canteen employer's
NIC|||44,468
72414
2,599|42,243
76,732
2,919|
||||119,381|121,894|
|Premises|||||
|Activities undertaken
Rates &water|directly||15,285|I7,519|
|Light &,heat
Repairs &maintenance
Insurance|||16,075
10&614
18,748|14,63Z
22,97i
i5,648|
|Depreciation|||37,875|37,870|
||||98,597|108,640|
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|||||2021|2020|
|---|---|---|---|---|---|
|Governance|costs|||||
|Auditor's
remuneration||||5,500|5,500|
|Legal and professional||charges||11,293|14,405|
|Inspections||||2,23$|3,338|
|Depreciation||||46,51$|45,159|
|Loan interest|payable|||1,053|1,252|
|Governance|costs - loss|on|disposal oiffixed assets|$31||
|Bad debts recovered||||(3,410)|(10,539)|
|Professional|association|costs||2 277|2,263|
|||||66400|61,378|
|Expenditure|on charitable||activities|1,521,672|1,521,587|
|Net income/(expenditure)||||66,9$6|(16;642)|