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|Reception and Year 1|£3,750|
|---|---|
|Years 2to 6|£4,255|
|Years 7to 11|£5,620|
|Years 12to 13|£5,696|
|Overseas|£7,595|
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## 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|
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|**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|
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##
|**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|
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|**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|
||||`=======`|`=======`|
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||**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|
||`========`|-----|