2021-08-31-accounts

					Page
Reference and administrative		details ofthe Company,	its Governors	and advisers
Governors' report					2-7
Independent auditor's	report	on the financial statements			8-12
Statement offinancial	activities				13
Balance sheet
Statement ofcash flows
Notes to the financial	statements				16-30

Reference		and administrative details ofthe Company,	and administrative details ofthe Company,	and administrative details ofthe Company,	and administrative details ofthe Company,	its Governors	and advisers
Forthe year ended 31August 2021
Governors			Robert Richard Clewley,		Chairman
			Jonathan Christopher	Harber		(Resigned 17Jvty 2021)
			Graham Donald Malcom
			Ramon Joeseph Walsh		(Resigned 16March 2021)
			Claire Louise Major (Resigned 17July 2021)
			Salim Somejee
			Mark Patrick Wrafter
			Dina Sarah Foster
			Krishna Shanmuganathan
			Peter Mark Collini (appointed			22 June 2021)
			Susan Anne Margaret	Grace		Webb (appointed	22 June 2021)
Company	registered
number			01966993
Charity registered
number			293466
Registered		office	Solefield School
			Solefields Road
			Sevenoaks
			Kent
			TN13 1PH
Com pany	secretary		Robert Richard Clewley
Independent		auditor	Kreston Reeves LLP
			Chartered Accountants
			Montague Place
			Quayside
			Chatham Maritime
			Chatham
			Kent
			ME4 4QU
Bankers			Lloyds Bank PLC
			83 High Street
			Sevenoaks
			Kent
			TN13 1LG
Solicitors			Berry 8 Lamberts
			1 The Shambles
			Dorset Street
			Sevenoaks
			Kent
			TN13 1LL

			Unrestricted	Total	Total
			funds	funds	funds
			2021	2021	2020
		Note
Income from."
Donations and	legacies		250	250	6,475
Charitable activities			1,97&,492	'l,978,492	2,136,415
investments			605	605	1,963
Other income			26,100	26,100	74,147
Total income			2005447	2 005447	2219000
Expenditure on:
Charitable activities			2,226,295	2,226,295	2,188,267
Total expenditure			2,226,295	2,226,295	2,188,267
Net movement	in funds		(220,848)	(220 848)	30733
Reconciliation	offunds:
Total funds brought forward			2,342,956	2342956	2312223
Net movement	in funds		(220,848)	(220,848)	30,733
Total funds carried forward			2,122,108	2,122,108	2,342,956

					2021	2020
Cash flows from operating		activities
Net cash used in operating		activities			(85,905)	276,286
Cash flows from investing		activities
Dividends, interest and rents from investments					605	1,963
Proceeds from the sale oftangible fixed			assets			476
Purchase oftangible fixed assets					(32,240)	(150,623)
Net cash used in investing		activities			(31,635)	(148,184)
Net cash (outflow)linf low		brought forward			(117540)	128102
Change in cash and cash		equivalents	in the year,		(117,540)	128,102
Cash and cash equivalents	at the beginning			ofthe year	765,207	637,105
Cash and cash equivalents		at the end	ofthe year		647,667	765,207

Freehold	property	2% on cost	excluding	the value of land
Motor vehicles		25% reducing	balance
Fixtures	and fittings	13% straight	line
Computer	equipment	33% straight	line

Unrestricted	Total	Total
funds	funds	funds
2021	2021	2020
f.		E
250	250	6,475
6,475	6,475

		Unrestricted	Total	Total
		funds	funds	funds
		2021f	202'I	2020
Gross School Fees incluing	Extras	2,120,013	2,120,013	2,240,976
Bursaries and Discounts		(141,521)	(141,521)	(104,561)
		1,978,492	1,978,492	2,136,415
Total 2020		2,136,415	2,136,415

			Unrestricted	Total	Total
			funds	funds	funds
			2021	2021	2020
			f.
Bank	interest	Received	605	605	1,963
Total	2020		1,963	1,963

		Unrestricted	Total	Total
		funds	funds	funds
		2021 E	2021f	2020 E
Teaching		1,505,688	1,505,688	1,516,769
Welfare		221,232	221,232	200,796
Premises		215,615	215,615	204,812
Finance		956	956	1,021
Support	Costs	260,530	260,530	254,094
Legal & Professional		14,474	14,474	2,775
Auditor's	Remuneration	7,800	7,800	8,000
		2,226,295	2,226,295	2,188,267
Total 2020		2,188,267	2,188,267

					Total	Total
		Staffcosts	Depreciation	Other costs	funds	funds
		2021	2021	2021	2021	'2020
		E			F
Teaching		1,436,774		68,914	1,505,688	1,516,769
Welfare		43,165		178,067	221,232	200,796
Premises			97,557	118,058	215,615	204,812
Finance				956	956	1,021
Support	Costs	160,449		100,081	260,530	254,094
Legal &Professional				14,474	14,474	2,775
Auditor's	Remuneration			7,800	7,800	8,000
		1,640,388	97,557	488,350	2,226,295	2,188,267
Total2020		1,644,709	100,503	443,055	2,188,267

				202'l	2020
Fees payable to the Company's annual accounts		auditor for the audit ofthe Company's		7,800	8,000
Staff costs
				2021	2020
Wages and salaries Social security costs Contribution to defined contribution			pension schemes	1,269,752 130,926 239,710	1,267,404 132,'l71 245,134
				1 640 388	1 644 709

					2021	2020
					No.	No.
Teaching Staff					32	33
Welfare Staff					3	2
Administration	Staff				5	5
					40	40
The average headcount		expressed as full-time	equivalents	was:
					2021	2020
					No.	No.
Teaching Staff Welfare Staff					27 2	29 2
Administration	Staff				4	4
					33	35

2021	2020
No.	No.

			Freehold property	Motor vehicles	Fixtures and fittings f	Computer equipment	Total
	Cost or valuation
	At 1 September 2020		2,777,777	58,503	478,456	175,690	3,490,426
	Additions			1,100	8,988	22,152	32,240
	At 31 August	2021	2,777777	59,603	487,444	197,842	3,522,666
	Depreciation
	At 1 September 2020		949,455	51,399	378,498	152,560	1,531,912
	Charge for the year		50,556	2,052	28,189	16,76'l	97,558
	At 31 August	2021	1,000,011	53,451	406,687	169,321	1,629,470
	Net book value
	At 31 August	2021	1,777,766	6,152	80,757	28,521	I,S93,196
	At 31August	2020	1,828,322	7,104	99,958	23,130	1,958,514
12.	Debtors
						2021	2020
						K	E
	Due within one year
	Trade debtors					10,161	10,498
	Prepayments	and accrued income				45,183	55,783
						55,344	66,281

		2021	2020
Payments received on	account	277,556	234,143
Trade creditors		23,754	50,870
Other taxation and social security		32,256	34,315
Other creditors		77,022	80,502
Accruais and deferred	income	63,511	47,216
		474,099	447,046

Statement	offun	ds -current year
			Balance at 1			Balance at
			September 2020	income	Expenditure	31August 2021
				E
Unrestricted	funds
Designated	funds
Development	fund			250	(250)
General funds
General Funds			514,634	2,005,197	{2,175,489)	344,342
Land and Building		Fund	1,828,322		(50,556)	1,777,766
			2,342,956	2,005,197	(2,226,045)	2,122,108
Total Unrestricted		funds	2,342,956	2,005,447	(2,226,295)	2,122,108

			Balance at				Balance at
			1 September 2019	Income	Expenditure	Transfers in/out	31August 2020
			F	E		E	F
Unrestricted	funds
Designated	funds
Development	fund		62,500	6,475		(68,975)
General funds
General Funds			434,568	2,212,525	(2,138,111)	5,652	514,634
Land and Building		Fund	1,815,155		(50,156)	63,323	1,828,322
			2,249,723	2,212,525	(2,188,267)	68,975	2,342,956
Total Unrestricted		funds	2,312,223	2,219,000	(2,188,267)		2,342,956

		Balance at 1			Balance at
		September 2020	Income	Expenditure f.	31August 2021f
Designated	funds		250	(250)
General funds		2,342,956	2,005,197	(2,226,045)	2„122,108
		2,342,956	2,005,447	(2,226,295)	2,122,108

		Balance at				Balance at
		1 September 2019	Income	Expenditure	Transfers in/out	31August 2020
Designated	funds	62,500	6,475		(68,975)
General funds		2,249,723	2,212,525	(2,188,267)	68,975	2,342,956
		2,312,223	2,219,000	(2,188,267)		2,342,956

			Unrestricted	Total
			funds	funds
			2021	2021
Tangible	fixed	assets	1,893,196	1,893,196
Current	assets		703,011	703,011
Creditors	due	within one year	(474,099)	(474,099)
Total			2,122,108	2,122,108

			Unrestricted	Total
			funds	funds
			2020	2020
			K	E
Tangible	fixed	assets	1,958,514	1,958,514
Current	assets		831,488	831,488
Creditors	due	within one year	(447,046)	(447,046)
Total			2,342,956	2,342,956

									2021	2020
										E
	Net income/expenditure for the		year	(as		per	Statement	of Financial
	Activities)								(220,848)	30„733
	Adjustments for:
	Depreciation charges								97,558	100,502
	Dividends, interest and rents from Profit on the sate of Fixed Assets Decrease in debtors Increase in creditors		investments						(605) 10,937 27,053	(1,963) (452) 17,652 129,814
	Net cash provided by/(used in) operating				activities				(85,905)	276,286
18.	Analysis ofcash and	cash equivalents
									2021	2020
	Cash in hand								647,667	765,207
	Total cash and cash	equivalents							647,667	765,207
19.	Analysis ofchanges	in net debt

						At 1
						September		At 31
						2020	Cash flows	August 2021
Cash	at	bank	and	in	hand	765,207	(117,540)	647,667
						765.207	(117,540)	647,667

		2021	2020
		F
Not later than 1 year Later than 1 year and not later than 5years		1,082 738	1,377 344
Later than	5years	2,029
		3,849	1,721