## 




||||||Pacae|
|---|---|---|---|---|---|
|Chairman's<br>Report||||||
|Reference and Administrative<br>Details||||||
|Report ofthe Governors<br>(including|Statement||ofGovernors'|Responsibilities)|4|
|Independent<br>Auditor's<br>Report on|the|Financial|Statements||13|
|Consolidated<br>Statement<br>of Financial||Activities|||17|
|Balance Sheet and Consolidated|Balance Sheet||||18|
|Consolidated<br>Cashflow<br>Statement|||||19|
|Notes to Financial Statements|||||20|





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||||Un-||En-|||
|---|---|---|---|---|---|---|---|
||||restricted|Restricted|dowment|Total|Total|
||||funds|funds|fund|2021|2020|
|||Notes||||||
|Income:||||||||
|Donations<br>and gifts||1d|65,963|||65,963|55,964|
|Charitable<br>activities||||||||
|School fees and extras||1a|5,828,932|||5,828,932|4,688,635|
|Investment<br>income||ib|845|||845|39,663|
|Other income||1c|369,427|||369,427|290,854|
|Total income|||6,265,167|||6,265,167|5,075,116|
|Expenditure:||||||||
|Costs of raising funds||||||||
|Trading expenses||2|402,422|||402,422|340,084|
|Marketing<br>costs||2|61,951|||61,951|43,811|
|Investment<br>management|fees|2|||||1,937|
|Charitable<br>activities||||||||
|School operating<br>costs||2|6,538,045|||6,538,045|5,514,523|
|Total expenditure|||7,002,418|||7,002,418|5,900,355|
|Net income/(expenditure)|for|||||||
|the year before transfers|and|||||||
|gains and losses|||(737,251)|||(737,251)|(825,239)|
|Transfers<br>between<br>funds||15||||||
|Net gains on investments||12|||||(1,909)|
|Net income/(expenditure)|and||(737,251)|||(737,251)|(827,148)|
|net movement<br>in funds for the||||||||
|year||||||||
|Reconciliation<br>offunds||||||||
|Total funds brought<br>forward|||2,172,608|210|500,000|2,672,818|3,499,966|
|Total funds carried forward|||1,435,357|210|500,000|1,935,567|2,672,818|





## 

|||||2021|2021|2020|2020|
|---|---|---|---|---|---|---|---|
|||||F|E|F||
||||Notes|Group|Charity|Group|Charity|
|Fixed assets||||||||
|Tangible<br>fixed assets||||7,806,260|7,683,203|7,476,604|7,338,996|
|Intangible assets||||||8,171|8,171|
|Investment<br>in subsidiary|||||1||1|
|||||7,806,260|7,683,204|7,484,775|7,347,168|
|Current assets||||||||
|Stock|||10|91,344|32,460|74,038|11,628|
|Debtors|||11|1,994,802|2,387,025|1,884,830|2,199,060|
|Investments|||12|||25,352|25,352|
|Cash at bank and|in hand|||125,807|97,326|363,721|331,024|
|||||2,211,953|2,516,811|2,347,941|2,567,064|
|Liabilities:||||||||
|Creditors<br>falling due|within one|year|13|(4,835,430)|(4,762,298)|(3,848,677)|(3,816,104)|
|Net current<br>liabilities||||(2,623,477)|(2,245,487)|(1,500,736)|(1,249,040)|
|Creditors: amounts|falling due|in more||||||
|than one year|||14|(3,247,216)|(3,247,216)|(3,311,221)|(3,311,221)|
|Total net assets||||1,935,567|2,190,501|2,672,818|2,786,907|
|The funds ofthe charity:||||||||
|Restricted funds|||15|210|210|210|210|
|Unrestricted<br>funds|||15|(330,147)|(75,213)|377,856|491,945|
|Revaluation<br>reserve|||15|1,765,504|1,765,504|1,794,752|1,794,752|
|Endowment<br>fund|||15|500,000|500,000|500,000|500,000|
|Total charity funds||||1,935,567|2,190,501|2,672,818|2,786,907|





|||||||||Total 2021|Total 2020|
|---|---|---|---|---|---|---|---|---|---|
||||||||Notes|Group|Group|
|Cash flows from operating||activities||||||||
|Net movements<br>in funds for||the year||||||(737,251)|(827,148)|
|(Gains)/losses<br>on investments|||||||||1,909|
|(Profit)/loss<br>on disposal oftangible|||fixed assets||||||14,020|
|Depreciation|||||||7|226,935|223,490|
|Amortisation|||||||8|8,171|23,014|
|Interest receivable|||||||1b|(163)|(345)|
|Dividends<br>received|||||||1b|(682)|(39,318)|
|Interest payable||||||||19,872|'I20,157|
|Working capital adjustments||||||||||
|Decrease/(increase)<br>in stocks|||||||10|(17,306)|10,345|
|Decrease/(increase)<br>in trade||debtors|||||11|(109,972)|(1,424,027)|
|(Decrease)/increase<br>in trade||creditors|||||12|964,805|1,343,200|
|Net cash flow from operations||||||||354,409|(554,703)|
|Cash flows from investing|activities|||||||||
|Interest receivable|||||||1b|163|345|
|Dividends<br>received|||||||1b|682|39,318|
|Proceeds from sale of investments||||||||25,352|282,069|
|Payments<br>to acquire tangible||fixed|assets||||7|(556,591)|(300,992)|
|Payments<br>to acquire investments|||||||12||(24,943)|
|Net cash (outflow)/inflow<br>from||investing||activities||||(530,394)|(4,203)|
|Cash flows from financing|activities|||||||||
|Loans received||||||||250,000||
|Loans repayments||||||||(350,000)|(50,000)|
|Net cash (outflow)/inflow<br>from||financing||activities||||(100,000)|(50,000)|
|Net increase/(decrease)<br>in cash and|||cash equivalents|||||(275,985)|(608,906)|
|Cash and cash equivalents|at the beginning||||of the reporting||period|363,721|972,627|
|Cash and cash equivalents|at the end|||ofthe|reporting|period||87,736|363,721|
|Consisting of:||||||||||
|Cash at bank and<br>in hand||||||||125,807|363,721|
|||||||||125,807|363,721|





## 



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## 

||The Schoo|l's activ|ities|are ca|rried out within|the UK. T|he School's f|ees compris|ed:|||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2021||2020|
||Gross fees|||||||6,972,096||5,881,073||
||Less: Total|bursaries,||grants|and allowances|||(1,456,651 )||(1,394,633)||
|||||||||5,515,445||4,486,440||
||Extras and|disbursements||||||313,487|||202,195|
|||||||||5,828,932||4,688,635||
|1b|Investment|income||||||||||
||||||||||2021||2020|
||Interest receivable||||||||163||345|
||Dividend|income|||||||682||39,318|
||||||||||845||39,663|
|1c|Other income|||||||||||
||||||Unres-|Res-|Total|Unres-||Res-|Total|
||||||tricted|tricted|2021|tricted|tricted||2020|
|||||||||f||||
||Rent and lettings||||(2,239)||(2,239)|62,619|||62,619|
||Other trading<br>income||||263,282||263,282|138,835|||138,835|
||Other income||||108,384||108,384|89,400|||89,400|
||||||369,427||369,427|290,854|||290,854|
|1d|Donations|and gifts||||||||||
||||||Unres-|Res-|Tota I|Unres-||Res-|Total|
||||||tricted|tricted|2021|tricted|tricted||2020|
||Income donations||and|gifts|65,963||65,963|55,964|||55,964|
||||||65,963||65,963|55,964|||55,964|





|2|Total expenditure|Total expenditure|Total expenditure||||||
|---|---|---|---|---|---|---|---|---|
||||||||Depreciation||
||||||||and|Total|
||||||Staff costs|Other|amortisation|2021|
||||||K||||
|Cost of raising funds|||||||||
||Trading expenses||||177,981|194,297|30,144|402,422|
||Marketing|costs||||61,951||61,951|
||||||177,981|256,248|30,144|464,373|
|Charitable||activities|||||||
||Teaching|costs|||3,526,444|52,047||3,578,491|
||Welfare||||174,859|566,250||741,109|
||Premises||||139,990|758,924|198,058|1,096,972|
||Support costs of schooling|||(2a)|409,777|697,741||1,107,518|
||Governance<br>costs (2b)|||||13,825||13,825|
||Loss on disposal||of shares|||130||130|
||||||4,251,070|2,088,917|198,058|6,538,045|
||||||4,429,051|2,345,165|228,202|7,002,418|
||||||||Deprec-|Total|
||||||Staff costs|Other|iation|2020|
|Cost of raising funds|||||||||
||Trading expenses||||141,176|182,045|16,863|340,084|
||Marketing|costs||||43,811||43,811|
||Investment|management||fees||1,937||1,937|
||||||141,176|227,793|16,863|385,832|
|Charitable||activities|||||||
||Teaching|costs|||2,788,457|83,748||2,872,205|
||Welfare||||125,470|358,848||484,318|
||Premises||||126,325|645,834|229,640|1,001,799|
||Support costs of schooling|||(2a)|376,424|728,354||1,104,778|
||Governance<br>costs (2b)|||||17,335||17,335|
|Loss on disposal ofshares||||||20,068||20,068|
|Profit from||disposal|of fixed|assets||14,020||14,020|
||||||3,416,676|1,868,207|229,640|5,514,523|
||||||3,557,852|2,096,000|246,503|5,900,355|





## 

|upport costs|ofschooling|||
|---|---|---|---|
|||2021|2020|
||||f|
|Staff training|and recruitment|29,400|26,483|
|Marketing<br>activities||68,438|33,179|
|Marketing<br>- commission||59,452|52,502|
|Central costs||413,930|383,421|
|Legal and professional||21,675|61,609|
|Finance costs||104,846|171,160|
|||697,741|728,354|



## 

||2021|2020|
|---|---|---|
|Audit and accountancy fees|13,483|16,821|
|Governors expenses|342|514|
||13,825|17,335|





|3|Staff costs|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Employment<br>costs|||||||||||2021|2020<br>f|
||Wages and salaries|||||||||||3,599,623|2,892,854|
||Social security costs|||||||||||312,187|257,144|
||Pension costs|||||||||||517,241|407,853|
|||||||||||||4,429,051|3,557,852|
||Number ofemployees|||||||||||||
||The average<br>monthly|number<br>of|||employees|||during||the|year was:|||
|||||||||||||2021|2020|
||Educational<br>staff|||||||||||100|85|
||Support staff|||||||||||65|58|
||Nursery<br>staff|||||||||||15|14|
|||||||||||||180|157|
||The number<br>of employees|||whose annual|||emoluments||||were 260,000 or more were:|||
|||||||||||||2021|2020|
|||||||||||||number|number|
||280,001 —690,000|||||||||||||
|4|Net income/(expenditure)|||for the year||||||||||
||This is stated after charging:|||||||||||||
|||||||||||||2021f|2020<br>f|
||Net income is stated|after charging:||||||||||||
||Depreciation||of|tangible||fixed assets|||—owned|||226,935|223,490|
||Amortisation||of|intangible||fixed|assets|||- owned||8,171|23,014|
||Operating|lease||rentals||- other||||||167,148|114,448|
||Auditors|remuneration||||||||||||
|||- Auditor's|||remuneration|||||||9,925|8,500|
|||- Audit services for the||||||subsidiary||||1,950|1,950|
|||—Non-audit|||services|||||||875|500|





## 

## 



## 

|Tangible|Fixed Assets|||||||
|---|---|---|---|---|---|---|---|
|Group||Freehold|All|Plant|Fixtures|||
|||Land and|Weather|8|and|Motor||
|||Buildings|Pitch|Equipment|Fittings|Vehicles|Total|
|||E|E|E||||
|Cost||||||||
|At<br>1 August 2020||7,365,487|362,658|1,261,988|1,255,311|61,035|10,306,479|
|Additions||330,959|-|155,022|58,295|12,315|556,591|
|At 31 July|2021|7,696,446|362,658|1,417,010|1,313,606|73,350|10,863,070|
|Depreciation||||||||
|At<br>1 August 2020||341,037|362,658|1,050,047|1,015,098|61,035|2,829,875|
|Charged|in year|107,281||73,532|45,220|902|226,935|
|Eliminated|on disposal|||||||
|At 31 July|2021|448,318|362,658|1,123,579|1,060,318|61,937|3,056,810|
|Net book|values|||||||
|At 1 August 2020||7,024,450||211,941|240,213||7,476,604|
|At 31 July|2021|7,248,128||293,431|253,288|11,413|7,806,260|





|Tangible Fixed Assets (con|t.)||||||
|---|---|---|---|---|---|---|
|Charity|Freehold|All|Plant|Fixtures|||
||Land and|Weather|&|and|Motor||
||Buildings<br>f|Pitch|Equipment|Fittings<br>f|Vehicles<br>f|Total|
|Cost|||||||
|At 1 August 2020|7,326,650|362,658|1,148,097|1,243,825|61,035|10,142,265|
|Additions|320,393||143,712|57,963|12,315|534,383|
|At 31 July 2021|7,647,043|362,658|1,291,809|1,301,788|73,350|10,676,648|
|Depreciation|||||||
|At<br>1 August 2020|340,261|362,658|1,028,506|1,010,809|61,035|2,803,269|
|Charged<br>in year|106,352||41,490|41,432|902|190,176|
|Eliminated<br>on disposal|||||||
|At 31 July 2021|446,613|362,658|1,069,996|1,052,241|61,937|2,993,445|
|Net book values|||||||
|At 1 August 2020|6,986,389||119,591|233,016||7,338,996|
|At 31 July 2021|7,200,430||221,813|249,547|11,413|7,683,203|





|8|Intangible||fixed|assets||||
|---|---|---|---|---|---|---|---|
||||||||Software|
||Cost|||||||
||At 1 August||2020||||97,553|
||Additions|||||||
||At 31 July|2021|||||97,553|
||Amortisation:|||||||
||At 1 August||2020||||89,382|
||Charge<br>during|||the year|||8,171|
||At 31 July|2021|||||97,553|
||Balance at||31 July 2021|||||
||Balance at||31 July 2020||||8,171|
||Investments|||||||
|||||||Charity||
|||||||2021|2020f|
||Leweston||Enterprises||Limited|||
||Ordinary|shares of E1|||each|||





## 

|A summary<br>oft||he trading<br>results<br>is shown|below:||||
|---|---|---|---|---|---|---|
||||||2021|2020|
|Turnover|||||258,643|201,454|
|Cost ofsales|||||(338,269)|(288,528)|
|Gross (loss)/ profit|||||(79,626)|(87,074)|
|Administrative|expenses||||(61,219)|(40,842)|
|Net profit/(loss)||before tax|||(140,845)|(127,916)|
|Donation<br>payable to Leweston School|||||||
|Retained<br>in subsidiary|||||(140,845)|(127,916)|
|The assets and||liabilities were:|||||
|Fixed assets|||||123,057|137,608|
|Current assets|||||162,999|174,795|
|Current<br>liabilities|||||(540,989)|(426,491)|
|Total net assets|||||(254,933)|(114,088)|
|Representing:|||||||
|Called<br>up share||capital|||1|1|
|Profit and loss|account||||(254,934)|(114,089)|
||||||(254,933)|(114,088)|
|Stock|||||||
|||||2021||2020|
||||Group|Charity|Group|Charity|
|Consumables||and stores|32,460|32,460|11,628|11,628|
|Stock for resale|||58,884||62,410||
||||91,344|32,460|74,038|11,628|





## 

|11|Debtors|||||||
|---|---|---|---|---|---|---|---|
||||||2021||2020|
|||||Group|Charity|Group<br>f.|Charity<br>f|
||Fees and extras|||1,913,296|1,858,851|1,778,685|1,714,828|
||Less provision<br>for doubtful|debts||||(50,980)|(50,980)|
||Other debtors|||21,443||10,565||
||VAT and other taxes|||||14,821|7,869|
||Prepayments<br>and accrued|income||60,063|60,063|131,739|131,020|
||Amount<br>due from group undertaking||||468,111||396,323|
|||||1,994,802|2,387,025|1,884,830|2,199,060|
|12|Current asset investments|||||||
|||||||2021|2020|
||Balance at 1 August 2020|||||25,352|284,388|
||Additions||||||50,668|
||Disposals|||||(25,352)|(282,069)|
||Gains I(losses) from movements||in|valuations|||(1,909)|
||Accrued interest||||||463|
||Cash movement||||||(26,189)|
||Balance at 31 July 2021||||||25,352|
|||||||2021|2020|
||Property||||||23,174|
||Cash||||||2,178|
||||||||25,352|





## 

||||2021||2020|
|---|---|---|---|---|---|
|||Groupf|Charity<br>f|Groupf|Charityf|
|Other loans||800,000|800,000|900,000|900,000|
|Trade creditors||353,017|310,784|216,092|190,107|
|Taxation|and social security|628,101|631,916|409,789|409,789|
|Fees in advance||2,557,883|2,557,883|1,858,012|1,858,012|
|Other creditors||480,719|449,033|401,476|394,888|
|VAT and|other taxes|3,028||||
|Accruals||12,682|12,682|63,308|63,308|
|||4,835,430|4,762,298|3,848,677|3,816,104|
||||2021||2020|
|||Groupf|Charityf|Groupf|Charityf|
|Deferred income:||||||
|Brought|forwards|1,853,757|1,858,012|336,484|335,012|
|Received|in the year|2,557,883|2,557,883|1,853,757|1,858,012|
|Released|in the year|(1,853,757)|(1,858,012)|(336,484)|(335,012)|
|Carried forwards||2,557,883|2,557,883|1,853,757|1,858,012|



## 



## 

## 

|reditors:<br>|Amounts<br>falling due af|ter more than one|year|||
|---|---|---|---|---|---|
||||2021||2020|
|||Groupf|Charity|Group<br>f.|Charity|
|Other loans||3,209,145|3,209,145|3,189,273|3,189,273|
|Other creditors||38,071|38,071|121,948|121,948|
|||3,247,216|3,247,216|3,311,221|3,311,221|
||||2021||2020|
|Other loans||Group|Charity|Group|Charity|
|Repayable|by instalments:|||||
|In one year|or less|50,000|50,000|50,000|50,000|
|Between one and two years||50,000|50,000|50,000|50,000|
|Between two and five years||3,109,145|3,109,145|3,089,273|3,089,273|
|||3,209,145|3,209,145|3,189,273|3,189,273|



## 



## 

|Summary|of movement|in funds|||||
|---|---|---|---|---|---|---|
||||||Transfers||
|||Opening|Incoming|Outgoing|&valuation|Closing|
|||Balance|Resources|Resources|gains|Balance|
|Group|||||||
|Unrestricted|funds||||||
|General reserve||377,856|6,265,167|(7,002,418)|29,248|(330,147)|
|Revaluation|reserve|1,794,752|||(29,248)|1,765,504|
|Restricted|funds||||||
|School production||210||||210|
|Total restricted||210||||210|
|Endowment|fund|500,000||||500,000|
|||2,672,818|6,265,167|(7,002,418)||1,935,567|
|Summary|of movement|in funds —prior year|||||
|Prior year|||||Transfers||
|||Opening|Incoming|Outgoing|&valuation|Closing|
|Group||Balance|Resources<br>f|Resources|gains|Balance|
|Unrestricted|funds||||||
|General reserve||1,166,818|5,075,116|(5,900,355)|36,277|377,856|
|Revaluation|reserve|1,832,938|||(38,186)|1,794,752|
|Restricted|funds||||||
|School production||210||||210|
|Total restricted||210||||210|
|Endowment|fund|500,000||||500,000|
|||3,499,966|5,075,116|(5,900,355)|(1,909)|2,672,818|





## 

|Analysis|ofassets between fu|nds||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|
|||Funds|Funds|Funds|2021|
||||f|||
|Group.||||||
|Tangible|fixed assets|7,806,260|||7,806,260|
|Intangible<br>assets||||||
|Current|assets|1,711,743|210|500,000|2,211,953|
|Current|liabilities|(4,835,430)|||(4,835,430)|
|Long term liabilities||(3,247,216)|||(3,247,216)|
|As at 31|July 2021|1,435,357|210|500,000|1,935,567|
|||Unrestricted|Restricted|Endowment|Total|
|Prior year||Funds|Funds|Funds<br>f|2020|
|Group||||||
|Tangible|fixed assets|7,476,604|||7,476,604|
|Intangible<br>assets||8,171|||8,171|
|Current|assets|1,847,731|210|500,000|2,347,941|
|Current|liabilities|(3,848,677)|||(3,848,677)|
|Long term liabilities||(3,311,221)|||(3,311,221)|
|As at 31|July 2020|2,172,608|210|500,000|2,672,818|



|17|Obligations|Obligations||under leases|||||||
|---|---|---|---|---|---|---|---|---|---|---|
||The|total|future<br>minimum||rentals|payable|under|non-cancellable|operating<br>leases|funded<br>by|
||unrestricted|||funds are as follows:|||||||
||||||||||2021|2020|
||||||||||f|f|
||Due|within|one year||||||149,770|176,303|
||Due|between||two to five years|||||317,997|401,546|
||Due|in over||five years|||||75,000|112,500|
||||||||||542,767|690,349|



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