| Reception and Year 1 |
£3,750 |
| Years 2to 6 |
£4,255 |
| Years 7to 11 |
£5,620 |
| Years 12to 13 |
£5,696 |
| Overseas |
£7,595 |
RSM UK Audit LLP
22 March 2022
|
Notes |
Restricted |
Unrestricted |
Total funds |
Total funds |
|
|
2021 |
2021 |
2021 |
2020 |
|
|
£ |
£ |
£ |
£ |
| Income: |
|
|
|
|
|
| Donations and legacies |
1 |
|
7,186 |
7,186 |
4,603 |
| Incomefrom Charitable Activities: |
|
|
|
|
|
| Operation ofschool |
2 |
|
12,679,708 |
12,679,708 |
11,874,588 |
| Investment Income |
3 |
219 |
12,972 |
13,191 |
18,031 |
| Total Income |
|
219 |
12,699,866 |
12,700,085 |
11,897,222 |
| Expenditure: |
|
|
|
|
|
| Expenditure on Charitable Activities: |
|
|
|
|
|
| Operation ofSchool |
|
|
11,708,931 |
11,708,931 |
11,354,449 |
| Total Expenditure |
4 |
|
11,708,931 |
11,708,931 |
11,354,449 |
| Net income and net movement in funds |
|
|
|
|
|
| for the year |
|
219 |
990,935 |
991,154 |
542,773 |
| Transfers between funds |
13 |
(219) |
219 |
|
|
| Reconciliation of funds: |
|
|
|
|
|
| Total funds brought forward |
|
50,000 |
15,022,188 |
15,072,188 |
14,529,415 |
| Total funds carried forward |
13 |
50,000 |
16,013,342 |
16,063,342 |
15,072,188 |
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2 March 2022
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2 March 2022
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|
Notes |
2021 |
2020 |
|
|
£ |
£ |
| Net cash provided by operating activities |
17 |
1,790,951 |
857,390 |
|
|
======== |
======== |
| Cash flows from/ (used in) investing activities |
|
|
|
| Interestincome |
|
12,191 |
13,098 |
| Purchase oftangiblefixed assets |
|
(422,064) |
(33,195) |
| Cash used in investing activities |
|
{409,873} |
(20,097) |
|
|
======== |
======== |
| Netincrease in cash and cash equivalents in |
|
|
|
| theyear |
|
1,381,078 |
837,293 |
| Cash and cash equivalents atthe beginning of |
|
|
|
| the year |
|
2,959,681 |
2,122,388 |
| Total cash and cash equivalents at the end of |
|
|
|
| the year |
|
4,340,759 |
2,959,681 |
| 1 |
Income from donations and legacies |
2021 |
2020 |
|
|
£ |
£ |
|
Donations |
7,186 |
4,603 |
| Income from charitable activities |
|
|
|
2021 |
2020 |
|
£ |
£ |
| Tuitionfees netofbursaries, scholarships and discounts |
12,090,461 |
11,065,579 |
| Registrationfees |
34,715 |
22,800 |
| Fees in lieu ofnotice |
23,576 |
67,031 |
| Catering |
30,149 |
17,275 |
| Schooltransport |
113,148 |
105,090 |
| GovernmentJob Retention Bonus Scheme |
95,656 |
238,031 |
| Outings,trips, activities and other income |
292,003 |
358,782 |
|
-------------- |
------------- |
|
12,679,708 |
11,874,588 |
| Investment income |
|
|
|
2021 |
2020 |
|
£ |
£ |
| Interest income |
12,191 |
13,098 |
| Rental income |
1,000 |
4,933 |
|
13.191 |
18.031 |
|
StaffCosts |
Other costs |
Depreciation |
Total 2021 |
Total 2020 |
|
£ |
£ |
£ |
£ |
£ |
| Teaching costs |
6,758,736 |
942,712 |
86,142 |
7,787,590 |
7,567,295 |
| Premises costs |
323,438 |
1,073,240 |
379,170 |
1,775,848 |
1,760,860 |
| Catering |
|
686,726 |
6,994 |
693,720 |
570,998 |
| Schooltransport |
|
313,147 |
|
313,147 |
242,814 |
| Administration |
818,798 |
291,662 |
28,166 |
1,138,626 |
1,212,482 |
|
------------- |
--------------- |
------------ |
-------------- |
------------- |
|
7,900,972 |
3,307,487 |
500,472 |
11,708,931 |
11,354,449 |
| This isstated after charging: |
2021 |
2020 |
|
£ |
£ |
| Auditor's remuneration |
16,800 |
15,900 |
| Depreciation on owned assets |
500,472 |
455,794 |
| Operating lease |
36,163 |
21,667 |
|
======= |
------- |
| The related costswere: |
2021 |
2020 |
|
£ |
£ |
| Wages and salaries |
6,252,591 |
5,999,337 |
| Social securitycosts |
598,761 |
569,771 |
| Pension contributions |
1,049,620 |
1,042,334 |
|
. |
------------- |
|
7,900,972 |
7,611,442 |
|
2021 |
2020 |
| £60,000 -£70,000 |
5 |
5 |
| £70,001 - £80,000 |
3 |
1 |
| £120,001 -£130,000 |
1 |
1 |
|
-- |
-- |
|
2021 |
2020 |
| Teaching andteaching support |
125 |
122 |
| Administration |
23 |
23 |
| Premises |
7 |
8 |
|
155 |
153 |
| ble fixed assets |
|
|
|
|
|
|
Freehold |
|
Assets |
|
|
|
land and |
School |
under |
Motor |
|
|
buildings |
Equipment |
construction |
vehicles |
Total |
|
£ |
£ |
£ |
£ |
£ |
| Cost or valuation |
|
|
|
|
|
| As at 1 September 2020 |
17,327,165 |
3,652,810 |
|
126,525 |
21,106,500 |
| Additions |
202,698 |
132,274 |
87,092 |
|
422,064 |
| As at31August2021 |
17,529,863 |
3,785,084 |
87,092 |
126,525 |
21,528,564 |
| Depreciation |
|
|
|
|
|
| As at 1 September 2020 |
4,101,238 |
3,439,766 |
|
120,577 |
7,661,581 |
| Chargefortheyear |
368,654 |
126,830 |
|
4,988 |
500,472 |
| As at31 August2021 |
4,469,892 |
3,566,596 |
|
125,565 |
8,162,053 |
| Net Book Value |
|
|
|
|
|
| 31 August 2021 |
13,059,971 |
218,488 |
87,092 |
960 |
13,366,511 |
| 31 August 2020 |
13,225,927 |
213,044 |
-
-- |
5,948 |
13,444,919 |
|
|
2021 |
2020 |
|
|
£ |
£ |
| Cost |
|
17,079,862 |
16,877,164 |
| Aggregate |
depreciation |
4,334,802 |
3,966,238 |
| Debtors |
2021 |
2020 |
|
£ |
£ |
| Duewithin one year |
|
|
| Fee debtors |
39,634 |
67,453 |
| Prepayments and accrued income |
322,787 |
252,742 |
| Other debtors |
138,890 |
58,541 |
|
501,311 |
378,736 |
|
|
|
| Creditors |
2021 |
2020 |
|
£ |
£ |
| Amountsfalling due within one year |
|
|
| Trade creditors |
399,533 |
165,994 |
| Taxation and social securitycosts |
151,006 |
142,736 |
| Other creditors |
645,389 |
653,920 |
| Accruals and deferred income |
949,312 |
748,499 |
|
2,145,240 |
1,711,149 |
|
======== |
======== |
| Lloyds Bank pic hold a charge secured uponthe charitable company'sfreehold property. This is |
|
to securethe |
| bank's position inthe eventofthe company holding an overdraft. |
|
|
| ferred Income movements are asfollows |
|
|
|
2021 |
2020 |
|
£ |
£ |
| Balance as at 1 September 2020 |
633,647 |
803,159 |
| Released inthe Year |
(633,647) |
(803,159) |
| Deferred intheyear |
791,785 |
633,467 |
| Balance as at31 August2021 |
791,785 |
633,467 |
| 2021 |
Balance at 1 |
|
|
|
Balance at 31 |
|
September 2020 |
Income |
Expenditure |
Transfers |
August 2021 |
| Unrestricted funds |
|
|
|
|
|
| Generalfund |
15,022,188 |
12,699,866 |
(11,708,931) |
219 |
16,013,342 |
| Restricted funds |
|
|
|
|
|
| LPA |
|
|
|
|
|
| SSND Endowment |
50,000 |
219 |
|
(219) |
50,000 |
| Total funds |
15,072,188 |
12,700,085 |
(11,708,931) |
|
16,063,342 |
| 2020 |
Balance at 1 |
|
|
|
Balance at 31 |
|
September 2019 |
Income |
Expenditure |
Transfers |
August 2020 |
| Unrestricted |
|
|
|
|
|
| funds |
|
|
|
|
|
| Generalfund |
14,475,815 |
11,896,770 |
(11,350,849) |
452 |
15,022,188 |
| Restricted funds |
|
|
|
|
|
| LPA |
3600 |
|
(3,600) |
|
|
| SSND Endowment |
|
|
|
|
|
|
50,000 |
452 |
|
(452) |
50,000 |
| Total funds |
14,529,415 |
11,897,222 |
(11,354,449) |
|
15,072,188 |
| 2021 |
Unrestricted Funds |
Restricted Funds |
Total Funds |
|
£ |
£ |
£ |
| Fixed Assets& Investments |
13,366,512 |
|
13,366,512 |
| Debtors |
501,311 |
|
501,311 |
| Cash atbank |
4,290,759 |
50,000 |
4,340,759 |
| Creditors |
(2,145,240) |
|
(2,145,240) |
| TOTAL FUNDS |
16,013,342 |
50,000 |
16,063,342 |
| 2020 |
Unrestricted Funds |
Restricted Funds |
Total Funds |
|
£ |
£ |
£ |
| Fixed Assets |
13,444,920 |
|
13,444,920 |
| Debtors |
378,736 |
|
378,736 |
| Cash atbank |
2,909,681 |
50,000 |
2,959,681 |
| Creditors |
(1,711,149) |
|
(1,711,149) |
| TOTAL FUNDS |
15,022,188 |
50,000 |
15,072,188 |
|
|
|
2021 |
2020 |
|
|
|
£ |
£ |
| Within |
one |
year |
26,376 |
36,167 |
| Within |
two |
to fiveyears |
48,015 |
46,756 |
|
|
|
74,391 |
82,923 |
|
|
|
======= |
======= |
|
2021 |
2020 |
|
£ |
£ |
| Netmovementinfunds |
991,154 |
542,773 |
| Adjustmentsfor: |
|
|
| Interestreceived |
(12,191) |
(13,098) |
| Depreciation |
500,472 |
455,794 |
| {lncrease)/Decrease in debtors |
(122,575) |
79,374 |
| lncrease/(Decrease) in creditors |
434,091 |
(207,453) |
| Netcash inflowfrom operating activities |
1,790,951 |
857,390 |
|
======== |
----- |