2021-08-31-accounts

Reference and Administrative Details	Reference and Administrative Details
Trustees Report		2to 5
Statement ofTrustees'	Responsibilities
Independent Auditors'	Report	7to 10
Statement ofFinancial	Activities	Il to l2
Balance Sheet		13
Statement ofCash Flows		l4
Notes to the Financial	Statements	15to 27

			Reference and Administrative	Reference and Administrative	Reference and Administrative	Reference and Administrative	Details	Details
Chairman			P Hodkin
Chief Executive Officer			Beverley Croft -		Resigned	01.03.2021
Trustees			PHodkin
			JScarfe Beckett
			A V Chalmers
			SL Rush
			A C Calcioli
			SMGuy
Secretary			VTupholme
Principal	Office		Greenfields	School
			Priory Road
			Forest Row
			East Sussex
			RH18 5JD
			The charity is incorporated			in England		and Wales.
Company	Registration	Number	01720539
Charity Registration		Number	287037
Solicitors			Hodkin 4 Company
			42-44 Copthorne		Road
			Felbridge
			East Grinstead
			West Sussex
			RH19 2NS
Bankers			HSBC Bank	pic
			56-58London Road
			East Grinstcad
			West Sussex
			RH19 1BJ
Auditor			Manningtons
			Statuory auditor
			39High Street
			Battle
			East Sussex
			TN33 OEE

				Unrestricted	Total
				funds	2021
			Note	g	g
Income and Endowments		from:
Donations and legacies				60,682	60,682
Charitable activities				1,584,967	1,584,967
Investment income				19	19
Other income				31,200	31,200
Total income				1,676,868	1,676,868
Expenditure on: Charitable activities			7	~1,673,274	~1,673 274)
Total expenditure				~1,673 274	~(1,673,274
Net incoine				3,594	3,594
Net movement in funds				3,594	3,594
Reconciliation offunds
Total funds brought	forward			2314,554	2,214554
Total funds carried	forward

(Including Inco	me an	d Expenditure Acco	unt aud Statement o Losses)	fTotal Recognised	Gains and
				Unrestricted	Total
				funds	2020
			Note	f.	f.
Income and Endowments		from:
Donations and legacies				151,546	151,546
Charitable activities				1,576,739	1,576,739
Investment income				163	163
Other income				14,400	14,400
Total income				1,742,848	1,742,848
Expenditure on:
Charitable activities			7	(l,733 0237	1,733,023)
Total expenditure				~(l,733,023	(1,733,023)
Net income				9,825	9,825
Net movement in funds				9,825	9,825
Reconciliation offunds
Total funds brought	forward			2,204,729	2,204,729
Total funds carried	foevard		20	2,214,554	2,214,554

					2021	2020
				Note	g
Fixed assets
Tangible assets				13	6,352,694	6,364,464
Investments				14	1
					6,352,695	6,364,464
Current assets
Stocks				15	23,769	33,487
Debtors				16	132,372	183,798
Cash at bank	and	in hand			706,005	319,716
					862,146	537,001
Creditors: Amounts			falling due within one year	17	(494,046)	~287,640)
Net current	assets				368 )DD	249,361
Total assets less curreut liabilities Creditors: Amounts falling due after more than one year				18	6,720,795 ~),604,344	6,613,825 (1,60D,968)
Net assets					5,116,451	5,112,857
Funds ofthe	charity:
Unrestricted	income		funds
Unrestricted	funds				2,218,148	2,214,554
Revaluation reserve					2,898,303	2,898,303
Total unrestricted		funds			5,116,451	5,112,857
Total funds				20	5,116,451	5,112,857

					2021	2020
				Note	g	g
Cash flows from operating activities
Net cash income					3,594	9,825
Adjustments to cash flosvs from non-cash Depreciation Investment income			items	5	11,769 ~19	12,045 ~(l 63
					15,344	21,707
%orking capital adjusttnents
Decrease/(increase) in stocks				15	9,718	(17,346)
Decrease in debtors				16	51,426	56,979
Increase in creditors (Decrease)/increase in deferred income				17 I&	192,862 ~21,355	8,810 20,820
Net cash flows froni operating	activities				247,995	90,970
Cash flows from investing activities
Interest receivable and similar	income			5	19	163
Purchase oftangible fixed assets				13		(1,151,409)
Acquisition ofinvestments in Net cash flows from investing	subsidiary activities	undertakings		14	18	~I,151,246)
Cash flotvs I'rom financin activities
Value ofnew loans obtained during the period Repayment ofloans and borrowings				17	200,000 61,724	1,200,000 ~(7,648
Net cash flows from financing	activities				138,276	1,192,352
Net increase in cash and cash	equivalents				3&6,289	132,076
Cash and cash equivalents at	1 September				319,716	187,640
Cash and cash equivalents at	31 August				706,005	319,716

		Unrestricted
		funds	Total	Total
		General	202If	2020
Donations and legacies;
Donations	to major appeals	508	508	7,006
Grants, including capital grants;
Governnient	grants	60,174	60,174	I44,540
		60,682	60,682	I51,546

Greenfields	School
Children's	House Nursery
Effective Education		Centre

Greenfields	School
Children's	House Nursery
Effective Education Centre
Governance	costs

	Unrestricted
	funds	Total	Total
	General	2021f	2020
	1&20,709	1,220,709	1,178,653
	272,266	272,266	274,412
	91992	91,992	123674
	1,584,967	I 584,967	I 576,739
	Unrestricted
	funds	Total	Total
	General f	2021f	2020
	19	19	163
	Unrestricted
	funds	Total	Total
	General	2021	2020f
	31200	31,200	14,400
	Unrestricted
	funds	Total	Total
Note	General f	2021f	2020
	1,273,795	1,273,795	1,370,031
	287,273	287,273	232,908
	97,137	97,137	11¹,757
	15,069	15,069	15,327
	1,673,274	1,67~3274	1,733,023

				Vnrestricted
				funds	Total	Total
				General	2021	2020
						K
Staffcosts
	EVages and salaries			7,869	7,869	8,127
Audit fees
	Audit ofthe financial	statements		5,150	5,150	5,150
	Accountancy services			2,050	2,050	2,050
				15,069	15,069	15,327
9	Net incoming/outgoing		resources
Net incoming resources		for	the year include:
					2021	2020
						f.
Audit fees					5,150	5,150
Other non-audit services					2,050	2,050
Depreciation offixed assets					11,769	12,045

		2021	2020
Staff costs during	the year were:
SVages and salaries		1,049,562	1,135,452
Social security costs		65,123	59,224
Pension costs		12,602	15,625
		1,127,287	1,210,301

13 Tangible Axed assets
	Land and	Fhtures, fittings
	buudtngs	and equipment	Motor vehicles	Totalf
Cost
At I September 2020	6,330,275	320,567	23,780	6,674,622
At 31August 2021	6,330,275	320,567	23,780	6,674,622
Depreciation
At 1 September 2020		294,064	16,095	310,159
Charge for the year		7,013	4,756	11,769
At 31 August 2021		301 077	20,851	321,928
Net book value
At 31August 2021	6,330273	19,490	2,929	6332 694
At 31August 2020	6,330,275	26,503	7685 7	6,364,463

Cost
Additions
At 3l August	202l
Net book value
At 3l August	2021

			Country	of		Proportion	ofvoting rights	Principal
Undertaking			incorporation		Holding	and shares	held	activity
						2021	2020
Subsidiary		undertakings
								Other letting
Newgale Limited	Farm Cottages		England	and Wales	Ordinary Share	l00%	i00	and operating of own or
								leased	real
								estate

15 Stock
			2021	2020
Stocks			23,769	33487
16 Debtors
			2021	2020
Trade debtors			78,639	124,462
Due from group undertakings			26,498
Prepayinents			12,034	11,593
Accrued income			8,617	41,159
Other debtors			6,584	6,584
			332372	183,798
17 Creditors: amounts	falling due within	one year
			2021	2020
				g
Bank loans			99,240	64,341
Trade creditors			341,852	126,868
Other taxation and social	security		10,977	25,789
Other creditors			2,733	9,233
Accruals			6,300	7,110
Deferred income			32,944	54,299
			494,046	287,640

20 Funds
				Balance at 1
				September	Incoming	Resources	Balance at31
				2020	resources	expended	August 2021
				f.	f.
Vnrestricted
General
General	fund			1,719,292	1,676,868	(1,637,445)	1,758,715
Designated Norman	Lewis designated		fund	496 262		35,829)	459,433
Total funds				2,214,554	1,676,868	~1,673,274)	2,218,148
				Balance at I
				Septetnber	incoming	Resources	Balance at 31
				2019	resources	expended	August 2020
				K		f8,
Vnrestricted		funds
General
General	fund			1,664,780	1,741,948	(1,687,436)	1,719,292
Designated Norman	l.evvis designated		fund	539,949	900	45,587)	495,262
Total funds

21 Anal	ysis ofnet assets between funds
				Total funds at
		Unrestricted	funds	31August
		General	Designated	2021
			f.
Tangible	fixed assets	6,349,876	2,818	6,352,694
Fixed asset investments		1		1
Current	assets	405,531	456,615	862,146
Current liabilities Creditors over I year		(494,046)		(494,046) ~1604,344)
Total net assets		4,657,913	459,433	5,116451
				Total funds at
		Unrestricted	funds	31August
		General	Designated	2020
				f,
Tangible	fixed assets	6,359,931	4,533	6,364,464
Current	assets	46,272	490,729	537,001
Current	liabilities	(287,640)		(287,640)
Creditors over I year		(1,500,968)		(1,500,968)
Total net assets		4,617,595	495262	5,112,857