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|||||Page|
|---|---|---|---|---|
|Legal and administrative||information|||
|Report ofthe|Governors|||2-10|
|Independent|auditors'|report||11-14|
|Consolidated|statement|offinancial|activities|15|
|Consolidated|balance sheet||||
|Charity balance sheet||||17|
|Consolidated|statement|ofcash flows||18-19|
|Notes to the|financial statements|||20-36|
##
##
|Governors|Governors|||Mrs CSutcliffe|(Chair)|(Chair)|(Chair)|Mr M Ford-Horne||
|---|---|---|---|---|---|---|---|---|---|
|||||Dr R Day (Vice|Chair)|||Mrs S Richards||
|||||Mrs C M Norman||||Mrs D Sadd||
|||||Mrs C Saunders||||Dr A Main||
|||||Rev R Higgins||||Mrs R Newton||
|||||Mrs
KThompson||||Mr D A Townend||
|||||Mrs A Ewins||||||
|Head||||Mrs A Holloway||MA|(Oxon) PGCE|||
|Secretary||||Mr G Ives||||||
|Company||registered|number|01584957||||||
|Charity Commission||||||||||
|registration||number||283708||||||
|Registered||office and||||||||
|principal|address|||Talbot Heath School||||||
|||||Rothesay
Road||||||
|||||Bournemouth||||||
|||||BH4 9NJ||||||
|Bankers||||Lloyds Bank Pic||||Barclays Wealth||
|||||Bournemouth|Branch|||County Gates House||
|||||45 Old Christchurch|||Road|300Poole Road||
|||||Bourne
mouth||||Bournemouth||
|||||BH1 1ED||||BH1 2BW||
|Solicitors||||Steele Raymond||LLP||Wilsons Solicitors|LLP|
|||||Richmond
Point||||St John's Street||
|||||43 Richmond
Hill||||Salisbury||
|||||Bournemouth||||Wiltshire||
|||||Dorset||||SP12SB||
|||||BH2 6LR||||||
|Auditors||||Saffery Champness|||LLP|||
|||||Chartered
Accountants||||||
|||||Midland
House||||||
|||||2 Poole Road||||||
|||||Bournemouth||||||
|||||BH2 SQY||||||
|Investment||advisers||Barclays Wealth||||||
|||||County Gates House||||||
|||||300Poole Road||||||
|||||Bourne mouth||||||
|||||BH1 2BW||||||
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|Risk management||||||||||
|---|---|---|---|---|---|---|---|---|---|
|The Board ofGovernors|has compiled
a risk|||register,|identifying
the major risks|to which the company|is exposed,||by|
|assessing the potential|impact and likely occurrence||||ofeach risk. The assessment
ofsuch has enabled||the Governors|||
|to develop
risk-handling|options|for each||major risk.
The risk register
is reviewed
on a termly
basis
by the||||sub-||
|committees
and reported to the full Board.||||A description
ofthe principal
risks and uncertainties
facing the company||||||
|together
with the plans|and strategies for managing||||those risks are:|||||
|Main Risks|||||Controls|||||
|Income, expenditure
and cash flow|||||Regular financial
reporting|with strong budget|planning|and||
||||||controls|||||
|Policy and political|change||||Monitoring
the charitable|aims and maximizing|public benefit|||
|Inferior
quality
teaching||leading|to
poor||Robust teacher appraisal|procedures
and pupil|achievement|||
|external
examination
results|||||tracking systems|||||
|Narrow
curriculum|leadingto|failure|to recruit||Sufficient
finance
for
excellent
teacher
recruitment|||and||
|pupils,
particularly|in the Sixth Form||||curriculum
resources|||||
|Site and infrastructure
failure|||||Regular maintenance
and|asset management||||
|Critical incidents|||||Effective crisis management
and Health &Safety training|||||
|Dissatisfied
stakeholders|||||Excellent communication|and information
through
a range of||||
||||||media including
a vibrant|and up-to-date
website||||
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||||||Unrestricted|Designated|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|2021|2020|
|||||Notes|f|f|f|f|f|
|INCOME AND ENDOWMENTS|||FROM:|||||||
|Donations,
legacies and||grants|||1,223,576||1,502|1,225,078|199,519|
|Income from charitable||activities||||||||
|School fees receivable||||2|6,882,740|||6,882,740|6,507,819|
|Other trading activities||||||||||
|Letting income|||||109,133|||109,133|116,313|
|Sundry|||||214,497|||214,497|172,212|
|Investment
income|||||52,725|44,584|(276)|97,033|115,541|
|Total income|||||8,482,671|44,584|1,226|8,528,481|7,111,404|
|EXPENDITURE ON:||||||||||
|Charitable
activities||||||||||
|Provision ofeducation|||||7,289,695||301|7,289,996|7,471,086|
|Raising funds||||||||||
|Financing costs|||||198,239|||198,239|200,324|
|Investment
management|||||14,533|13,069||27,602|28,382|
|Costs in relation to trading|||activities||7,808|||7,808|1,928|
||||||220,580|13,069||233,649|230,634|
|Total expenditure||||4|7,510,275|13,370||7,523,645|7,701,720|
|Net income before gains/(losses)||||||||||
|on investments|||||972,396|31,214|1,226|1,004,836|(590,316)|
|Net gains/(losses)
on investments|||||337,929|137,908||475,837|(72,215)|
|Net surplus/(deficit)|||||1,310,325|169,122|1,226|1,480,673|(662,531)|
|Transfers between
funds|||||240,779|(223,866)|(16,913)|||
|Net movement
in funds||||6|1,551,104|(54,744)|(15,687)|1,480,673|(662,531)|
|Fund balances brought|forward||||9,224,046|1,996,123|48,569|11,268,738|11,931,269|
|Fund balances carried forward||||15/16|10,775,150|1,941,379|32,882|12,749,411|11,268,738|
##
##
||||||2021||2020||
|---|---|---|---|---|---|---|---|---|
|||||Notes|F||||
|Fixed assets|||||||||
|Tangible assets||||||12,499,158||12,823,709|
|Investments|||||||||
|Queensmount||Fund|||2,354,377||1,993,578||
|Prize Fund|||||70,000||70,000||
|General|Fund||||2,363,701||2,220,752||
|WVB Fund|||||658,526||||
|Other Fund|||||124,189||||
|||||||5,570,793||4,284,330|
|||||||18,069,951||17,108,039|
|Current assets|||||||||
|Stocks|||||11,165||24,179||
|Debtors|||||381,571||405,894||
|Cash at bank|and in|hand|||584,548||708,505||
|Cash held
in|deposit|account|||||||
||||||977,284||1,138,578||
|Creditors:|||||||||
|Amounts
falling due||within one year||12|(2,930,182)||(3,153,340)||
|Net current|(liabilities)/||assets|||(1,952,898)||(2,014,762)|
|Total assets|less current||liabilities|||16,117,053||15,093,277|
|Creditors:|||||||||
|Amounts
due in more than one year||||||(3,186,162)||(3,643,059)|
|Provisions||||19||(181,480)||(181,480)|
|Net assets||||14||12,749,411||11,268,738|
|Represented|by:||||||||
|Unrestricted|funds||||||||
|General funds||||15||10,424,218||8,915,052|
|Designated
funds||||15||1,547,646||1,737,560|
|Revaluation|reserve|||15||744,665||567,557|
|Restricted
Funds||||16||32,882||48,569|
|||||||12,749,411||11,268,738|
||||||2021|||2020|
|---|---|---|---|---|---|---|---|---|
|||||Notes|f||F||
|Fixed assets|||||||||
|Tangible assets||||||12,499,158||12,823,709|
|Investments|||||||||
|Queensmount||Fund|||2,354,377||1,993,578||
|Prize Fund|||||70,000||70,000||
|General|Fund||||2,363,701||2,220,752||
|WVB Fund|||||658,526||||
|Other Fund|||||124,189||||
|Rothesay
Events Limited|||||1||||
|||||||5,570,794||4,284,331|
|||||||18,069,952||17,108,040|
|Current assets|||||||||
|Stocks|||||11,165||24,179||
|Debtors|||||362,392||413,737||
|Cash at bank|and in|hand|||507,086||648,914||
|Cash held
in|deposit|account|||||||
||||||880,643||1,086,830||
|Creditors:|||||||||
|Amounts
falling due||within one year||12|(2,921,512)||(3,151,630)||
|Net current|assets|||||(2,040,869)||(2,064,800)|
|Total assets|less current||liabilities|||16,029,083||15,043,240|
|Creditors:|||||||||
|Amounts
due in more than one year||||13||(3,186,162)||(3,643,059)|
|Provisions||||19||(181,480)||(181,480)|
|Net assets||||||12,661,441||11,218,701|
|Represented|by:||||||||
|Unrestricted|funds||||||||
|General funds||||15||10,336,248||8,865,015|
|Designated
funds||||15||1,547,646||1,737,560|
|Revaluation|reserve|||15||744,665||567,557|
|Restricted
Funds||||16||32,882||48,569|
|||||||12,661,441||11,218,701|
|Approved
by|the Governing||Body on||||and signed|on its behalf by|
|||||||2021||2020||
|---|---|---|---|---|---|---|---|---|---|
|||||Notes|f|||||
|Net cash|provided
by/(absorbed
by)||||||943,343||(312,784)|
|operating|activities|||||||||
|Cash flows from investing||activities||||||||
|Bank and|other interest received||||(257)|||1,013||
|Dividends|received||||97,290|||114,528||
|Payments|to acquire tangible
fixed assets||||(75,647)|||(292,393)||
|Payments|to acquire investments|||(2,913,867)||||(1,020,975)||
|Proceeds|from sales of investments||||2,282,078|||1,965,610||
|Net cash|(outflow)/inflow|from capital|||||(610,403)||767,783|
|expenditure
and financial||investment||||||||
|Cash flows from financing||activities||||||||
|Bank loan repayments|||||(456,897)|||(295,673)||
|Net cash|outflow from financing
activities||||||(456,897)||(295,673)|
|Change|in cash and cash|equivalents|in|the|||(123,957)||159,326|
|reporting|period|||||||||
|Cash and|cash equivalents|at the beginning||of|||(230,745)||(390,071)|
|the reporting
period||||||||||
|Cash
and
cash
equivalents
at the|||end|of the|||(354,702)||(230,745)|
|reporting|period|||||||||
##
##
|||||||||2021||2020|
|---|---|---|---|---|---|---|---|---|---|---|
|1|Reconciliation
ofnet|income||to net cash|||||||
||flow provided
by operating|||activities|||||||
||Net incoming
resources||per|statement|of|||1,004,836||(590,316)|
||financial
activities||||||||||
||Dividends
receivable||||||(97,290)||(114,528)||
||Depreciation||||||400,198||431,020||
||Bank and other interest||received||||257||(1,012)||
||(Increase)
in
investments|||received|via||(178,837)||||
||legacy||||||||||
||Decrease/(increase)|in debtors|||||24,323||(151,462)||
||(Decrease)/increase|in creditors|||||(223,158)||127,544||
||Decrease
in provisions||||||||(10,218)||
||Decrease/(Increase)|in stocks|||||13,014||(3,812)||
|||||||||(61,493)||277,532|
||Net
cash
provided||by/(absorbed|||by)||943,343||(312,784)|
||operating
activities||||||||||
|2|Analysis ofcash and cash equivalents||||||||||
|||||||||2021||2020|
||Net cash:||||||||||
||Cash in hand at bank|||||||584,548||708,505|
||Short term deposits||||||||||
||Overdraft
facility|||||||(939,250)||(939,250)|
||Total cash and cash|equivalents||||||(354,702)||(230,745)|
##
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|2|School fees||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
|||||||||f|
||Gross fees||||||7,700,947|7,723,627|
||Less:||||||||
||Total bursaries,||grants and other||price differentials||(818,207)|(1,215,808)|
||||||||6,882,740|6,507,819|
|3|Sundry other|income|||||||
||||||||2021|2020|
||||||||f|f|
||Other fees|and surcharges|||||212,172|168,787|
||Staff lunches||||||2,325|3,425|
||||||||214,497|172,212|
|4|Analysis oftotal expenditure||||||||
||2021:||||||||
||||||Staff costs|Other|Depreciation|Total|
||||||f|f|f|f|
||Charitable|activities|||||||
||School operating||costs:||||||
||Teaching||||4,199,172|154,806|77,075|4,431,053|
||Welfare||||245,099|590,168||835,267|
||Premises||||180,541|507,610|306,933|995,084|
||Support costs ofschooling||||597,108|415,294|16,190|1,028,592|
||||||5,221,920|1,667,878|400,198|7,289,996|
||Cost of raising funds||||||||
||Financing costs|||||198,239||198,239|
||Investment|management||||27,602||27,602|
||Expenditure|on|trading|activities||7,808||7,808|
|||||||233,649||233,649|
||Total resources||expended||5,221,920|1,901,527|400,198|7,523,645|
##
|4|Analysis oftotal expenditure|Analysis oftotal expenditure|(continued)|(continued)||||
|---|---|---|---|---|---|---|---|
||2020:|||||||
|||||Staff costs|Other|Depreciation|Total|
|||||f|f|f|f|
||Prior Year|||||||
||Charitable
activities|||||||
||School operating
costs:|||||||
||Teaching|||4,199,712|248,882|101,862|4,550,456|
||Welfare|||227,946|529,281||757,227|
||Premises|||226,716|556,682|305,606|1,089,004|
||Support costs ofschooling|||621,690|429,157|23,552|1,074,399|
|||||5,276,064|1,764,002|431,020|7,471,086|
||Cost of raising funds|||||||
||Financing costs||||200,324||200,324|
||Investment
management||||28,382||28,382|
||Expenditure
on trading|activities|||1,928||1,928|
||||||230,634||230,634|
||Total resources expended|||5,276,064|1,994,636|431,020|7,701,720|
|||||||2021|2020|
||Within support costs there|are|the|following governance|costs:||f|
||Criminal
Records Bureau|||||5,187|3,262|
||ISC inspection|||||5,112|6,569|
||Audit|||||18,542|14,826|
||Governors'
liability insurance|||||1,716|1,577|
||Governors'
expenses reimbursed|||||1,943|1,686|
||Lega
I fees|||||51,374|36,438|
||Other professional
fees|||||52,774|51,717|
|||||||136,648|116,075|
##
|laries an|d wages||||
|---|---|---|---|---|
||||2021|2020|
||||f|f|
|Salaries|||4,131,768|4,186,306|
|National|insurance|contributions|379,634|385,616|
|Pension|costs||710,518|704,142|
||||5,221,920|5,276,064|
##
##
|||Full|time|Part time|Full time|Part time|
|---|---|---|---|---|---|---|
||||2021|2021|2020|2020|
|Teaching|||64|48|61|40|
|Administrative|and domestic||34|22|35|25|
||||98|70|96|65|
|e number of|higher paid employees|was:|||||
||||||2021|2020|
||||||No|No|
|6100,000-E110,000||||||1|
|F60,000-670,000||||||1|
|Total|||||||
|Net moveme|nt
in funds|||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||f|f|
|This is stated|after charging:|||||
|Auditors'|remuneration|(including|VAT):|||
|-for audit||||18,542|16,740|
|—for other|services|||6,444|6,486|
|Depreciation:||||||
|—owned fixed assets||||400,198|431,020|
##
##
|xed assets|||||||
|---|---|---|---|---|---|---|
|||Freehold|Furniture||Computer||
|||Land 8|Rfittings R|Motor|Roffice||
|||Buildings|equipment|vehicles|equipment|Total|
|Group and charity|||||f.|f|
|Cost|||||||
|1September
2020||14,703,474|1,660,213|286,223|1,472,763|18,122,673|
|Additions||39,746|10,312|12,745|12,844|75,647|
|Disposals||||(14,128)||(14,128)|
|31August|2021|14,743,220|1,670,525|284,840|1,485,607|18,184,192|
|Depreciation|||||||
|1September 2020||2,129,385|1,508,502|248,482|1,412,595|5,298,964|
|Charge for the year||306,933|33,379|16,190|43,696|400,198|
|Eliminated|on disposals|||(14,128)||(14,128)|
|31August|2021|2,436,318|1,541,881|250,544|1,456,291|5,685,034|
|Net book value|||||||
|31August|2020|12,574,089|151,711|37,741|60,168|12,823,709|
|31August|2021|12,306,902|128,644|34,296|29,316|12,499,158|
##
##
##
##
|||||||||||Group||Charity||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2021|2020|2021|2020|
|||||||||||||f|f|
|Investments||listed|||on|a|recognised||stock|5,326,394|3,957,332|5,326,394|3,957,332|
|exchange||||||||||||||
|Other investments||||—deposits||||||244,399|326,998|244,399|326,998|
|Unlisted|investments|||||||||||1|1|
|||||||||||5,570,793|4,284,330|5,570,794|4,284,331|
|Investment
movements:||||||||||Group||Charity||
|||||||||||2021|2020|2021|2020|
|||||||||||f|f|f|f|
|Market value||at 1September|||||2020|||4,284,330|5,301,180|4,284,331|5,301,181|
|Additions||||||||||3,092,704|1,020,975|3,092,704|1,020,975|
|Disposal|proceeds|||||||||(2,282,078)|(1,965,610)|(2,282,078)|(1,965,610)|
|Profit on|disposal|||||||||458,682|102,636|458,682|102,636|
|Surplus/(Deficit)|||on||revaluation|||at 31|August|17,155|(174,851)|17,155|(174,851)|
|2021||||||||||||||
|Market value||at 31||August 2021||||||5,570,793|4,284,330|5,570,794|4,284,331|
|Historical|cost|at|31August 2021|||||||4,826,129|3,716,770|4,826,129|3,716,770|
|Analysis|ofinvestments:|||||||||Group||Charity||
|||||||||||2021|2020|2021|2020|
|||||||||||f|f|f|f|
|Cash||||||||||244,399|326,996|244,399|326,996|
|Equity shares||||||||||4,525,997|3,656,228|4,525,998|3,656,229|
|Fixed interest||securities||||||||800,397|301,106|800,397|301,106|
|||||||||||5,570,793|4,284,330|5,570,794|4,284,331|
##
||Name of|undertaking|Registered|office|Class ofshare held|Class ofshare held|'jo|Held|
|---|---|---|---|---|---|---|---|---|
||Rothesay|Events Limited|Talbot Heath School,||Ordinary||100.00||
||||Rothesay|Road, BH4 9NJ|||||
||Debtors||||||||
|||||Group|||Charity||
|||||2021|2020||2021|2020|
|||||f|||E.|f.|
|Trade debtors||||210,006|258,308|178,353||252,620|
|Other debtors||||37,438|6,400|50,496||21,098|
|Prepayments||||134,127|141,186|133,543||140,019|
|||||381,571|405,894|362,392||413,737|
##
##
|||Group||Charity||
|---|---|---|---|---|---|
|||2021|2020|2021|2020|
|||f||f|f|
|Bank loans||492,220|492,220|492,220|492,220|
|Bank overdraft||939,250|939,250|939,250|939,250|
|Trade creditors||136,226|110,980|129,031|110,980|
|Fees received|in advance|477,479|328,615|477,479|328,615|
|Deposits||359,700|370,581|359,700|370,581|
|Tax and social|security|94,437|285,550|94,437|285,550|
|Other creditors||351,094|544,945|351,094|544,945|
|Accruals||79,776|81,199|78,301|79,489|
|||2,930,182|3,153,340|2,921,512|3,151,630|
##
##
##
|Creditors:|Am|ounts|falling d|ue a|fter|one year|||
|---|---|---|---|---|---|---|---|---|
||||||||Group and charity||
||||||||2021|2020|
||||||||f|f|
|Bank loan|||||||3,186,162|3,643,059|
|Analysis ofloans|||||||||
|Wholly repayable||within|5years:||||1,968,880|1,968,880|
|Not
wholly|repayable||within|5|years|by|1,217,282|1,674,179|
|instalments:|||||||||
|Loan maturity|analysis||||||||
|In more than|one|year but not more|||than|two|492,220|492,220|
|years|||||||||
|In more than|two|years|but not more||than|five|1,476,660|1,476,660|
|years|||||||||
|In more than|five|years|||||1,217,282|1,674,179|
||||||||3,186,162|3,643,059|
|||||Net current|Long term||Fund|
|---|---|---|---|---|---|---|---|
||||Fixed assets assets/liabilities||liabilities|Provisions|balances|
||||f|f|f|f|f|
|Unrestricted||funds|18,033,951|(1,949,780)|(3,186,162)|(181,480)|12,716,529|
|Restricted|funds||36,000|(3,118)|||32,882|
|Total funds|||18,069,951|(1,952,898)|(3,186,162)|(181,480)|12,749,411|
##
||||Balance|||Transfers
and|Balance|
|---|---|---|---|---|---|---|---|
||||1September|Incoming|Resources|gains/ (losses)|31August|
||||2020|resources|expended|on investments|2021|
||||f|f|f|f|f|
|Current year||||||||
|General funds:||||||||
|School funds|||8,915,052|8,482,671|(7,510,275)|536,770|10,424,218|
|Designated|funds;|||||||
|Queensmount||fund|1,718,155|44,584|(13,069)|(221,128)|1,528,542|
|Prize funds|||19,405||(301)||19,104|
||||1,737,560|44,584|(13,370)|(221,128)|1,547,646|
|Revaluation||reserve|567,557|||177,108|744,665|
||||11,220,169|8,527,255|(7,523,645)|492,750|12,716,529|
||||General school|Designated|
|---|---|---|---|---|
||||fund|funcl|
|||||f|
|Carried forward||fund balance as above|10,424,218|1,547,646|
|Revaluation|reserve||350,932|393,733|
||||10,775,150|1,941,379|
||||Balance|||Transfers and|Balance|
|---|---|---|---|---|---|---|---|
||||1September|Incoming|Resources|gains/ (losses)|31August|
||||2019
f|resources
f|expended
f|on investments
f|2020
f|
|Prior year||||||||
|General funds:||||||||
|School funds|||9,404,968|7,054,772|(7,676,762)|132,074|8,915,052|
|Designated|funds:|||||||
|Queensmount||fund|1,717,714|46,956|(11,684)|(34,831)|1,718,155|
|Prize funds|||19,104|301|||19,405|
||||1,736,818|47,257|(11,684)|(34,831)|1,737,560|
|Revaluation||reserve|737,015|||(169,458)|567,557|
||||11,878,801|7,102,029|(7,688,446)|(72,215)|11,220,169|
|und balance|s as|follows:|||
|---|---|---|---|---|
||||General school|Designated|
||||fund|fund|
||||f|f|
|Carried forward||fund balance as above|8,915,052|1,737,560|
|Revaluation|reserve||308,994|258,563|
||||9,224,046|1,996,123|
##
|16|Restricted funds|Restricted funds|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Balance|||||||Transfers||and|Balance|
|||||1September||Incoming|||Resources||gains/|(losses)||31August|
||||||2020|resources|||expended||on investments|||2021|
|||||||||f||f|||||
||Prize funds:||||||||||||||
||Mary Broad||||21,718||568|||||||22,286|
||Scholarship||||||||||||||
||Cordelia Westcott||||1,825||(844)|||||||981|
||Travel scholarship||||||||||||||
||Angela Felgate||||9,615|||||||||9,615|
||Classics fund||||||||||||||
||The Hub Project||||15,411||1,502|||||(16,913)|||
||||||48,569||1,226|||||(16,913)||32,882|
|||||Balance|||||||Transfers||and|Balance|
|||||1September||Incoming|||Resources||gains/|(losses)||31August|
||||||2019|resources|||expended||on investments|||2020|
||||||||f|||f|||f||
||Prior year||||||||||||||
||Prize funds:||||||||||||||
||Mary Broad||||21,382|||||||||21,718|
||Scholarshi p||||||||||||||
||Cordelia Westcott||||1,343||482|||||||1,825|
||Travel scholarship||||||||||||||
||Angeia Felgate||||9,466||149|||||||9,615|
||Classics fund||||||||||||||
||The Hub Project||||20,277||8,408||(13,274)|||||15,411|
||||||52,468||9,375||(13,274)|||||48,569|
|17|Reconciliation|of movements|||in unrealised||gains|on|investment|assets|||||
||||||||Queensmount||||General||Total|Total|
||||||||||Fund||Fund||2021|2020|
||||||||||||f||f|f|
||Unrealised
gains at|||1September 2020|||||258,563||308,994||567,557|737,015|
||Deduct disposals||in|the year||||(14,204)|||1,466||(12,738)|(33,612)|
|||||||||244,359|||310,460||554,819|703,403|
||Gains arising on revaluations||||in the year|||149,374|||40,472||189,846|(135,846)|
||Unrealised
gains at|||31August 2021|||||393,733||350,932||744,665|567,557|
##
##
##
|Non-cancellable|Non-cancellable|operating|leases which expire:|2021|2020|
|---|---|---|---|---|---|
|||||f|f|
|Within|one year|||57,673|61,559|
|Within|2to 5years|||98,506|18,871|
##
##
|||
|---|---|
|Group and charity|Hub retention|
|At 1September 2020|181,480|
|Released
in the year||
|At 31August 2021|181,480|
##
##
##