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||||||Page|
|---|---|---|---|---|---|
|Reference and administrative||details ofthe Company,|its Governors|and advisers||
|Governors'<br>report|||||2-7|
|Independent<br>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|





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|Reference||and administrative<br>details ofthe Company,|and administrative<br>details ofthe Company,|and administrative<br>details ofthe Company,|and administrative<br>details ofthe Company,|its Governors|and advisers|
|---|---|---|---|---|---|---|---|
|Forthe year ended 31August 2021||||||||
|Governors|||Robert Richard Clewley,||Chairman|||
||||Jonathan<br>Christopher|Harber||(Resigned 17Jvty 2021)||
||||Graham<br>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<br>Accountants|||||
||||Montague<br>Place|||||
||||Quayside|||||
||||Chatham<br>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|||||





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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2021|2021|2020|
|||Note||||
|Income from."||||||
|Donations<br>and|legacies||250|250|6,475|
|Charitable<br>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<br>on:||||||
|Charitable<br>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|





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||||||2021|2020|
|---|---|---|---|---|---|---|
|Cash flows from operating||activities|||||
|Net cash used in operating||activities|||(85,905)|276,286|
|Cash flows from investing||activities|||||
|Dividends,<br>interest and rents from investments|||||605|1,963|
|Proceeds from the sale oftangible<br>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<br>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|





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|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||



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



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|||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||



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





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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021<br>E|2021f|2020<br>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||



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||||||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||





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



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||||||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<br>Welfare Staff|||||27<br>2|29<br>2|
|Administration|Staff||||4|4|
||||||33|35|





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|2021|2020|
|---|---|
|No.|No.|



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||||Freehold<br>property|Motor<br>vehicles|Fixtures and<br>fittings<br>f|Computer<br>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|





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|||2021|2020|
|---|---|---|---|
|Payments<br>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|





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|Statement|offun|ds -current year|||||
|---|---|---|---|---|---|---|
||||Balance at 1|||Balance at|
||||September<br>2020|income|Expenditure|31August<br>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|





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||||Balance at||||Balance at|
|---|---|---|---|---|---|---|---|
||||1 September<br>2019|Income|Expenditure|Transfers<br>in/out|31August<br>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|



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|||Balance at 1|||Balance at|
|---|---|---|---|---|---|
|||September<br>2020|Income|Expenditure<br>f.|31August<br>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|





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|||Balance at||||Balance at|
|---|---|---|---|---|---|---|
|||1 September<br>2019|Income|Expenditure|Transfers<br>in/out|31August<br>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|



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||||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|





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||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||E|
||Net<br>income/expenditure<br>for<br>the||year|(as||per|Statement|of Financial|||
||Activities)||||||||(220,848)|30„733|
||Adjustments<br>for:||||||||||
||Depreciation<br>charges||||||||97,558|100,502|
||Dividends,<br>interest and rents from <br>Profit on the sate of Fixed Assets<br>Decrease<br>in debtors<br>Increase<br>in creditors||investments||||||(605)<br>10,937<br>27,053|(1,963)<br>(452)<br>17,652<br>129,814|
||Net cash provided<br>by/(used<br>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|





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



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