2021-08-31-accounts - The Ditcham Park School Charity Association

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		Unrestricted Funds G 1 GGIG ttd	Unrestricted Funds G 1 GGIG ttd	Unrestricted Funds G 1 GGIG ttd	Restricted 9 d	Restricted 9 d	Ttl	Total
		2021		2021	2021 F		2021 f.	2020 f
INCOME
Income from charitable activities Fee income Other income	3	4,614,940 331,503		(163,473)	(2,952)		4,448,515 331,503	4,234,503 370,756
Income from generated funds Investment income		1,299					1,299	8 155
Total income		4947,742	~163,473)		~2„962)		4,791317	4613414
EXPENDITURE
Cost ofgenerating funds Fundraising and publicity	4	46,592					46,592	55,912
Charitable activities Direct charitable expenditure	5	4,100,898					4,100,898	4,048,804
Support and governance costs	6	475,533					475,533	478 336
Total expenditure		4,623,023					4623,023	4 583,052
Net income before transfers Between funds		324,719		~163,473)	~2,952)		158,294	30362
Transfers between funds		(163,473)		163,473
Net income before other recognised gains and losses		161,246				(2,952)	158,294	30,362
Loss on revaluation offixed assets
for Charity's own use
Net movement in funds		161,246				(2,952)	158,294	30,362
Total funds brought forward at 1 September 2020		4,449,149	3201,011			7,536	7,657,696	7,627,334
Total funds carried forward at 31August 2021		F4,610,395	F3,201,011			f4,584	F7,815,990	F7,657,696

				Notes	2021f		2020
Fixed assets Tangible Assets					7,077916		6~141,270
Current assets Stocks Debtors Prepayments Cash at Bank and In	Hand			10 10	10,770 6,501 28,673 3,629,388		5,763 10,040 15,575 2444,400
					3,675,332		2,475,778
Creditors: Amounts falling due	within		one year		~990,530)		~650,107)
Net current assets:					2,684,802		1 825,671
Total assets less current			liabilities		9,762,718		7,966,941
Creditors: Amounts	falling		due after more than one year	11	(1,126,700)		(137,300)
Accruals and deferred		income			~820,028)		~171,945)
					E7815990	,	E7,657,696
Unrestricted funds Designated Funds General Funds Revaluation Reserve				15	3,201,011 3,321,086 1289309		3,201,011 3,159,840 1 289,309
					7,811,406		7,650,160
Restricted funds				15	4,584		7,536
Total charity funds				15	97815990		67,657696

ANALYSIS OF CHANGES	ANALYSIS OF CHANGES
		At1.9.20	Cash flow	At 31.08.21
		E		F
Net cash
Cash at bank and	in hand	2 444,400	1,184,988	3.629,388
		2444400	1.184,988	3,629,388
Debt
Debts falling due Debts falling due	within 1 year after 1 year		(220,000) ~980„000)	(220,000) ~980„000)
			~1.200,000	)) 200 000)
Total

	Unrestricted fun	ds can be used in accordance with the cha	ds can be used in accordance with the cha	ritable	obje	ctives a	t the discretion	ofthe Governors.
	Restricted funds	can only be used for particular purposes		within	the	objects	of the charity.	Restrictions arise
	when specified	by	the donor or when funds are raised for particular		purposes.
	Further explanation		ofthe nature and purpose ofeach fund is included			in the	notes to the financial statements.
3.	OTHER INCOME
							2021 f	2020f
	Transport Fees Miscellaneous Income						143,610 187,893	132,771 237 555
							5331 503	5370 755
4.	FUNDRAISING	AND PUBLICITY
							2021 F	2020f
	Marketing Costs						46,592	55,912
							F46,592	F55,912

5.	DIRECT CHARITABLE	EXPENDITURE	EXPENDITURE	Staff	~Di ~DDi	6th Total	Total
				Costs f	of Fixed Assets f	Costs f 2021 F	2020 f
	Teaching Salaries and Costs Estate Salaries and Costs		2,681,615 139,725		92,704 117,780	256,605 339,780 3,030,924 597,285	3,059,829 527,259
	Transport Costs Catering Salaries and Utilities Costs	Costs	102,977		1,314	209,961 75,569 112 868 209,961 179,860 82 868	184,227 191,513 85976
			82,924317		8211798	5964,783 84100,898	84048,80,4
6.	SUPPORT AND GOVERNANCE		COSTS
						2021	2020
							F
	Support Costs: Salaries and Office Costs					405,301	405,536
	Finance					17,167	14,289
	Governance Costs:
	Legal and Professional Audit and Accountancy	Fees Fees				37,141 15,924	41,891 16,620
						475 533	8478 336
						2021	2020
						F	f
	Total Staff Costs Comprised: Wages and Salaries Social Security Costs Pension Costs					2,543,140 258,055 437 296	2,470,748 245,183 465 503
						83,238 491	93,181434

One	employee	earned	between f60,000 and F70,000 per annum	between f60,000 and F70,000 per annum	between f60,000 and F70,000 per annum
One	employee	earned	between f90,000 and F100,000 per annum
The	average number		ofemployees,	analysed	by function, was:	2021	2020
	Teaching Estate					52 4	53 4
	Management and Catering		Administration	of Charity		6 4	7 3
						66	67

OPERATING SURPLUS
The operating surplus is stated afier charging:	2021 f	2020 6
Depreciation ofTangible Fixed Assets and loss on disposal offixed assets Coach Hire	211,798 209,961	223,031 184,227
Auditors' - Remuneration	6,100	6,000
-Accountancy	9,824	10020

10. DEBTORS
				2021	2020
Due within one year: Fees Receivable				6,501	10,040
Prepayments and	Accrued		Income	28,673	15575
				635,174	f25615
There were no amounts		falling due after more than one year.
11. CREDITORS
Amounts falling due within			one year	2021	2020
				F	8
Bank Loan (see Fees in Advance	note	12)		220,000 661,776	535,324
Social Security and Pension Costs				108,754	114,783
				990,530	650,107
Other Creditors	and Accruals			820,028	171,945
				61~810,558	F822,052
Amounts falling	due after		one yean-
Bank loan				980,000
Other creditors				146,700	137,300
				61~126700	F137300
12. LOANS
An analysis ofthe maturity		of	loans is given below:	2021 6	2020 f
Amounts falling due Bank loan	within	one year or on demand:		220,000
Amounts falling due between Bank loan -1-2 years			one and two years:	240 000
Amounts falling due between Bank loan -2-5 years			two and five years:	720,000
Amounts falling due	in more than five years:
Repayable by instalments
Bank loan more than instalments	5years		by	20,000
				20,000

At 31	August 2020 the total ofthe Charity's future	committed payments are:
		2021	2020
Less	than one year	4,131	9,660
One	to five years	248	4,379