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##
##
##
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##
##
##
##
##
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##
|||||31.08.20|31.08.19|
|---|---|---|---|---|---|
|||||Unrestricted|Total|
|||||funds|funds|
||||Notes|E|f|
|INCOME AND ENDOWMENTS||FROM:||||
|Donations and legacies||||6,052|5,081|
|Charitable
actlvttles||||||
|School activities||||4,561,315|4,6&1,913|
|Investment
income||||4,412|3,107|
|Other income||||153,894||
|Total||||4,725,673|4,690,101|
|EXPENDITURE ON||||||
|Charitable
activities||||||
|School activities||||4,647,432|4,510,085|
|NET INCOME / (EXPENDITURE)||||78,241|180,016|
|RECONCILIATION
OF|FUNDS|||||
|Total funds brought|forward|||1,702,269|1,522,253|
|TOTAL FUNDS CARRIED FORWARD||||1,780,510|1,702,269|
##
##
##
##
|||||||31.08.20|31.08.19|
|---|---|---|---|---|---|---|---|
||||||Notes|||
|Net income/(expenditure)
forthe reporting|||period (as pe|rthe statement|of|||
|financia activftles||||||78,241|180,016|
|Adjustments
for:||||||||
|Depreciation
charges||||||63,786|72,724|
|Loss on disposal of|fixed assets||||||1,179|
|Interest received||||||(4,412)|(3,107)|
|Decrease/(increase)|in stocks||||||4,995|
|Decrease/(increase)|in debtors|||||(89,915)|150,340|
|(Decrease)/increase|ln creditors|||||163,212|(37,469)|
|Net cash provided|by (used in) operating|activities||||210,912|368,678|
##
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##
##
##
##
##
##
##
|Ma|ille Hi
h School Limited|ille Hi
h School Limited||||||
|---|---|---|---|---|---|---|---|
|Notes to the Financial Statements|||-continued|||||
|For|the Year Ended 31Au|ust||||||
|2020||||||||
|4.|INVESTMENT INCOME|||||||
|||||31.08.20|||31.08.19|
|||||E|||E|
||Deposit account interest|||4,412|||3,107|
|5.|INCOME FROM CHARITABLE ACTIVITIES|||||||
|||||31.08.20|||31.08.19|
||||||E||E|
||School fees receivable|-from|school activities|4,561,315|||4,681,913|
|6.|OTHER INCOME|||||||
|||||31.08.20|||31.08.19|
|||||E|||E|
||Coronavirus
Job Retention
Scheme grant|||153,894||||
|7.|CHARITABLE ACTIVITIES COSTS|||||||
|||||I||||
||||Direct|Grant funding of
l||Support costs||
||||costs|activities|(See note 8)|(See note 9)|Totals|
|||||||E|E|
||School activities||3,205,182|1,062,225||226,131|4,493,538|
|B.|GRANTS PAYABLE|||||||
|||||||31.08.20|31.08.19|
|||||||E|E|
||School activities|||||1,062,225|778,734|
|9.|SUPPORT COSTS|||||||
||||Management|Finance||Governance
costs|Totals|
||||E||E||E|
||School activities||171,261|3,520||51,350|226,131|
|||||Page 1||||
##
##
##
|Ma|ille Hi
h School Limited|ille Hi
h School Limited||||||||
|---|---|---|---|---|---|---|---|---|---|
|Notes to the Financial Statements||||-continued||||||
|for the Year Ended 31Au ust|||2020|||||||
|13.|FIXEDASSETS|||||||||
||||Freehold||Long|Improvements|Equipment|Minibuses|Total|
||||Property||Leasehold|to property||||
|||||E|E|E|E|E|E|
||COST|||||||||
||At 1September 2019||1,058,693||24,576|627,632|744,311|146,317|2,601,529|
||Additions||||||12,809|21,600|34,409|
||Disposals|||||||||
||At 31August 2020||1,058,693||24,576|627,632|757,120|167,917|2,635,938|
||DEPRECIATION|||||||||
||At 1September 2019|||601,441|24,576|313,101|744,311|90,156|1,773,585|
||Charge for year|||21,174||12,553|12,809|17,250|63,786|
||Eliminated
on disposal|||||||||
||At 31August 2020|||622,615|24,576|325,654|757,120|107,406|1,837,371|
||NET BOOK VALUE|||||||||
||At 31August 2020|||436,078||301,978||60,511|798,567|
||At 31August 2019|||457,252||314,531||56,161|827,944|
|14. STOCKS||||||||||
|||||||||31,08.20|31.08.19|
|||||||||E|f|
||Stocks|||||||300|300|
|15. DEBTORS:AIVIOUNTS||FALLING DUE WITHIN ONE YEA||||||||
|||||||||31.08.20|31.08.19|
||Trade debtors|||||||72,895|76,320|
||Other debtors|||||||265,306|171,966|
|||||||||338,201|248,286|
||||||Page|1||||
##
##
|CREDITORS: AMOUNTS
FALLING DUE WITHIN ONE|YEAR||
|---|---|---|
||31.08.20|31.08.19|
||E||
|Payments
on account|26S,484|137,342|
|Trade creditors|44,685|43,814|
|Social security and other taxes|51,194|54,863|
|Other creditors|236,527|198,659|
||597,890|434,678|
##
|Minimum
lease payments
under|non-cancellable
ope|rating
leases fall|due as follows:|||
|---|---|---|---|---|---|
||I|||||
||||31.08.20|31.08.19||
||||E|E||
|Within one year|||153,&52|155,058||
|Between one and five years|||604,034|607,886||
|In more than five years||||150,000||
||||757,886|912,944||
|MOVEMENTS
IN FUNDS||||||
||At 01.09.19|Net movement
in funds|Transfers
between
funds|At 31.08.20||
|Unrestricted
funds||||||
|General Reserve|1,335,501|78,241|6,500|1,420,242||
|Scholarship
Reserve|285,000|||285,000||
|Issued Share Capital|1,000|||1,000||
|MUGA Reserve|80,76&||(6,500)|74,268||
|TOTAL FUNDS|1,702,269|78,241||1,780,510||
|Net movement
in funds included|in the above are as|follows||||
||I|Incoming|Resources|Movement|in|
|||resources|expended|funds||
||||E|||
|Unrestricted
funds||||||
|General reserve||4,571,779|4,493,538|78,241||
|TOTAL FUNDS||4,571,779|4,493,538|78,241||
##
##
|||i
At|Net movement|Transfers|Transfers|At|
|---|---|---|---|---|---|---|
|||01.09.18|in funds|between|funds|31.08.19|
|Unrestricted|funds||||||
|General Reserve||1,149,985|180,016|5,500||1,335,501|
|Scholarship|Reserve|285,000||||285,000|
|||t|||||
|Issued Share|Capital|' 1,000||||1,000|
|MUGA Reserve||86,268||(5,500)||80,768|
|TOTAL FUNDS||1,522,253|180,016|||1,702,269|
|||31.08.20|31.08.20|31.08.19|31.08.19|
|---|---|---|---|---|---|
|||E||E||
|INCOME AND ENDOWMENT5||||||
|Donations and legacies||||||
|Donations|||6,052||5,081|
|Investment
Income||||||
|Deposit account interest
Other income|||4,412||3,107|
|Government
grants|receivable||153,894|||
|Charitable
activities
School fees receivable||4,561,315||4,681,913||
|Total incoming resources||4,725,673||4,690,101||
|EXPENDITURE||||||
|Charitable
activities||||||
|Wages||2,368,191||2,406,821||
|Social security|||174,590||196,128|
|Pensions|||132,786||127,925|
|Rent|||152,487||146,650|
|Rates and water|||20,569||17,595|
|Insurance|||31,377||29,974|
|light and heat|||30,655||35,632|
|Telephone|||908||2,693|
|Postage, stationery|and advertising||52,585||80,207|
|Computer
expenses|||71,986||73,249|
|Household
and cleaning|||11,770||10,318|
|Repairs L maintenance|||18,920||36,579|
|Minibus expenses|||26,454||34,346|
|Provisions|||37,716||54,136|
|Uniforms
and pupil|expenses||106,707||132,487|
|Licences and subscriptions|||13,070||16,125|
|Training|||5,188||8,600|
|Inspection fees|||4,998||5,020|
|Staff expenses|||6,859||8,312|
|Bad debts and debt|collection costs||27,474||35,404|
|Carried forward||3,295,290||3,458,201||
|Detailed Statement of Financial|Detailed Statement of Financial|Activities|Activities|||
|---|---|---|---|---|---|
|For the Year Ended 31Au ust 2020||||||
|||||31,08.20|31.08.19|
|Charitable
activities||||||
|Brought forward||||3,295,290|3,458,201|
|Freehold property
depreciation||||21,174|21,174|
|Improvements
to property|depreciation|||12,553|11,988|
|Equipment
depreciation||||17,250|20,734|
|Minibuses
depreciation||||12,809|18,828|
|(Profit)/Loss
on sale oftangible||fixed assets|||1,179|
|Scholarships
and assisted places||||1,062,225|778,734|
|||||4,421,301|4,310,838|
|Support costs||||||
|Management||||||
|Wages||||146,250|154,932|
|Socialsecurity||||13,721|13,839|
|Pensions||||5,290|4,500|
|Donations||||6,000|6,000|
|||||171,261|179,271|
|Finance||||||
|Sundries||||193|140|
|Bank charges||||3,327|3,621|
|||||3,520|3,761|
|Governance||||||
|Auditors'
remuneration||||5,240|4,000|
|Auditors'
remuneration
for|non-audit||work|||
|Accountancy
and legal fees||||46,110|12,215|
|||||51,350|16,215|
|||||4,647,432|4,510,085|
|Net income/(expenditure)||||78,241|180,016|