2021-08-31-accounts - Halstead St Andrew's School Trust

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Governors	Governors				Mr J M PTaylor (Chair) (appointed	Mr J M PTaylor (Chair) (appointed
					Mr J Bueno (appointed 01	September 2020)
					Ms W-L Chua (appointed 01September 2020)
					Mr W J Henderson-Deeves	(appointed 01September 2020)
					Mr JW Kerr
					Dr C L McShane
					Mrs C Phillips
					Mr L Pytel
					Miss R Ross
					Mr J A 8Speed
					Mrs KA Wyborn (appointed	21May 2021)
Secretary					MrAG Law
Head					Mr D P Fitzgerald
Charity	Number				297580
Company		Number			01942216
Registered		Office	&Principal	Address	Church Hill House
					Horsell
					Waking
					Surrey
					GU21 4QW
Auditors					TC Group
					The Courtyard
					Shoreham Road
					Upper Beeding
					Steyning
					West Sussex
					)IN44 3T5l
					United Kingdom
Bankers					lloyds Bank pic
					Woking GU13ZR
					Barclays Bank pic
					Waking GU216AE
Solicitors					Veale Wasbrough
					Bristol 851SWS
					GBH Law Ltd
					Elstead GU86LB

			Page
Governors'	Report (Incorporating	Strategic Report)
Statement ofGovernors' Responsibilities
Report ofthe Independent Auditors
Consolidated	Statement of Financial Activities		12
Consolidated	Balance Sheet		13
School Balance Sheet			14
Consolidated	Cash Flow Statement		15
Notes to the	Financial Statements		16

Clubs Charity Day		DDT day			E469.73
Clubs Bouceathon		Woking Hospice			E1,500.00
Hearts Jokeathon		Waking Food Bank			E922.15
Diamonds Charity	Day	Horsell Common	Preservation	Society	E725.65
Christmas Jumper	Day	Save The Children			E1,035.00
		Red Nose Day			E1,074.00

				Unrestricted funds	Restricted funds	Total 2021	Total 2020
INCOME FROM:			Notes	f	f	f	f
Donations and legacies			6	1,048	3,804	4,852	16,436
Grants			7	14,102		14,102	160,431
Investments			8	5		5	557
Charitable activities			9	4,032,254		4,032,254	3,692,424
Total income				4,047,409	3,804	4,051,213	3,869,848
EXPENDITURE ON:			10
Charitable activities				3,855,013		3,855,013	3,829,882
Total expenditure				3,855,013		3,855,013	3,829,882
Net income/expenditure				192,396	3,804	196,200	39,966
Transfers between	funds		21	3,804	(3,804)
Net movement in funds				196,200		196,200	39,966
Fund balances brought		forward	21	2,535,472		2,535,472	2,495,506
Fund balances at carried forward			21	2,731,672		2,731,672	2,535,472

		2021	2020
	Notes
FIXEDASSETS
Tangible assets	13	4,852,414	4,923,949
		4,852,414	4,923,949
CURRENT ASSETS
Debtors	15	124,818	111,353
Cash at bank and in hand		589,747	310,265
		714,565	421,618
CURRENT LIABILITIES
Creditors due within one year	16	(620,050)	(548,084)
NET CURRENT ASSETS		94,515	(126,466)
TOTAL ASSETS LESSCURRENT LIABILITIES		4,946,929	4,797,483
LONG TERM LIABILITIES
Creditors due after one year	17	(2,215,257)	(2,262,011)
NET ASSETS		2,731,672	2,535,472
REPRESENTED BY:	21
RESTRICTED FUNDS
'UNREQ'RTCTYD FOND'5		2,791,872	2,535,472
		2,731,672	2,535,472

		2021	2020
	Notes
FIXEDASSETS
Tangible assets	13	4,580,604	4,645,538
Investments	14	100	100
		4,580,704	4,645,638
CURRENT ASSETS
Debtors	15	530,431	516,966
Cash at bank and in hand		589,747	310,265
		1,120,178	827,231
CURRENT LIABILITIES
Creditors due within one year	16	(620,050)	(548,084)
NET CURRENT ASSETS		500,128	279,147
TOTAL ASSETS LESSCURRENT LIABILITIES		5,080,832	4,924,785
LONG TERM LIABILITIES
Creditors due after one year	17	(2,215,257)	(2,262,011)
NET ASSETS		2,865,575	2,662,774
REPRESENTED BY:	21
RESTE)TTED F1JNDS
UNRESTRICTED FUNDS		2,865,575	2,662,774
		2,865,575	2,662,774

				2021		2020
		Notes
Cash flows from operating	activities;
Net income for the year				196,200		39,966
Adjustments for:
Depreciation charges		13	175,197		172,625
Interest paid		10	64,521		77,175
Interest received		8		(5)	(557)
(Increase)/decrease in debtors		15	(13,465)		(12,101)
Increase/(decrease) in creditors		16,17	81,217		(91,851)
				307,465		145,291
Net cash provided by/(used activities	in) operating			503,665		185,257
Cash flows from investing	activities:
Interest received		8		5		557
Purchase oftangible fixed assets		13	(103,662)		(109,994)
Net cash used in investing	activities			(103,657)		(109,437)
Cash flows from financing	activities:
Interest paid		10	(64,521)		(77,175)
Repayment ofborrowings		18	(56,005)			(-)
Net cash used in financing	activities			(120,526)		(77,175)
Increase/(decrease) in cash and cash equivalents in the year				279,482		[1,355)
Cash and cash equivalents the year	at.the beginning of			310,265		311,620
Cash and cash equivalents year	at the end ofthe			589,747		310,265
Analysis of net cash/(debt)
		At 1	September	Cash flow	Non-cash	At31August
			2020		Changes	2021
			6		6	1
Cash at bank and in hand			310,265	279,482		589,747
Bank loan within one year			(71,739)	56,005	(56,005)	(71,739)
Bank loan after one year		(2,128,261)		(56,005)	112,010	(2,072,256)
		(1,889,735)		279,482	56,005	(1,554,248)

F	OR 7HE YEA	R ENDED51AUGUST 2021	R ENDED51AUGUST 2021	R ENDED51AUGUST 2021
8	INCOME	FROM INVESTMENTS
					Unrestricted	Restricted	Total	Total
							2021	2020
							f	f
	Interest							557
9	INCOME FROM CHARITABLE			ACTIVITIES
							Total	Total
							2021	2020
							f	f
	Gross school fees						4,167,021	3,997,837
	Less bursaries		and allowances				(226,468)	(257,436)
	Less Covid-19 realignment						(29,966)	(137,433)
	Net school	fees					3,910,587	3,602,968
	Add:
	Extras income						10,032	20,187
	Registration	fees					7,100	6,500
	After school clubs						28,320	30,289
	Easter and	Summer camps					71,632	26,629
	Other ancillary		income				4,583	5,851
							4' 32' 254	3692424
0	ANALYSIS	OF	EXPENDITURE
				Staff costs	Depreciation	Other	Total	Total
						'costs
							2021	2020
				f	f	f	f	f
	Charitable expenditure:
	Education
	Teaching			2,281,716		107,709	2,389,425	2,406,120
	Welfare					321,643	321,643	265,201
	Premises			49,735	175,197	485,368	710,300	693,645
	Support and	governance		245,519		188,126	433,645	464,916
	Total expenditure			2,576,970	175,197	1,102,846	3,855,013	3,829,882

					Total	Total
					2021	2020
					E	E
Governance costs:
Current auditors'	remuneration		for audit services		9,600
Previous auditors'	remuneration		for audit services			8,400
Previous auditors'	remuneration		for non-audit	services	1,740
Governors' expenses					407	792
Total governance	costs				11,747	9,192
~Sh h:
Printing, postage	and telephone				21,201	38,473
Legal and professional fees relating to support					25,877	5,999
Support staff wages, national		insurance and pension			245,519	259,230
Advertising and marketing					33,819	30,799
Interest payable					64,521	77,175
Other support costs					30,961	44,048
					421,898	455,724
Total support and	governance				433,645	464,916

		2021	2020
		Number	Number
Teaching		61	61
Premises		2	2
Support		7	8
		70	71
The aggregate	payroll costs for the year were as follows:
		2021	2020
		E	E
Wages and salaries		2,024,145	2,037,500
Social security	costs	201,601	207,774
Other pension	costs	351,224	372,538
		2,576,970	2,617,812

taff paid	in excess ofE60,000 per annum in the follo	wing bands are:
		2021	2020
		Number	Number
660,000	—669,999	1	1
E70,000	- 679,999	2	2

					2021	2020
					E	E
Aggregate employer	employee benefits of key management pension contributions)		personnel	(including	396,025	453,377
Wages and	salaries	includes E17,000(2020:ENil) ofredundancy		costs.

				Unrestricted funds	Restricted funds	Total 2020
INCOME FROM:			Notes	E	E	E
'Donations and'legacies			6	4,687	11,749	16,436
Grants			7	160,431		160,431
Investments			8	557		557
Charitable activities			9	3,692,424		3,692,424
Total income				3,858,099	11,749	3,869,848
EXPENDITURE ON:			10
Charitable activities				3,829,882		3,829,882
Total expenditure				3,829,882		3,829,882
Net income/(expenditure)				28,217	11,749	39,966
Transfers between	funds		21	11,749	(11,749)
Net movement in funds				39,966		39,966
Fund balances brought		forward	21	2,495,506		2,495,506
Fund balances at carried forward			21	2,535,472		2,535,472

TANGIBLE FIXEDASSETS —GROUP	TANGIBLE FIXEDASSETS —GROUP
	Freehold	Leasehold	Fixtures &	Motor	Total
	Property	Buildings	Fittings	Vehicles
	f	f
Cost
At 1September 2020	405,713	5,466,349	634,332	82,728	6,589,122
Additions		46,407	34,094	23,161	103,662
At 31August 2021	405,713	5,512,756	668~426	105889	6p692g784
Depreciation
At 1September 2020	127,300	1,097,610	357,535	82,728	1,665,173
Charge for the year	6,600	125,596	43,001		175,197
At 31August 2021	133,900	1,223,206	400,536	82,728	1,840,370
Net book value
At 31August 2021	271,813	4,289,550	267,890	23,161	4,852,414
At 31August 2020	278,413	4,368,739	276,797		4,923,949
TANGIBLE FIXEDASSETS —SCHOOL
		Leasehold	Fixtures &	Motor	Total
		Buildings	Fittings	Vehicles
			f
Cost
At 1September 2020		5,466,349	634,332	82,728	6,183,409
Additions		46,407	34,094	23,161	103,662
At 31August 2021		5,512,756	668,426	105,889	6,287,071
Depreciation
At 1September 2020		1,097,610	357,533	82,728	1,537,871
Charge for the year		125,596	43,000		168,596
At 31August 2021		1,223,206	400,533	82,728	1,706,467
Net book value
At 31August 2021		4,289,550	267,893	23,161	4,580,604
At 31August 2020		4,368,739	276,799		4,645,538

INVESTMENTS
				Group			School
Shares in group undertakings				2021	2020		2021	2020
Cost
At 1September 2020 and	31August 2021						100	100
Net book value
At 1September 2020 and	31August 2021						100	100
Investment in subsidiaries
The School held investments		in the following	company	during the	year:
Sankins Limited					Company	number		01902142
Registered in England and	Wales				%ofshare	capital	owned	10096
							Sankins Limited
							2021	2020
							6	6
Summary trading results:
Turnover
Administrative expenses							(6,600)	(6,600)
Net profit/(loss)							(6,600)	(6,600)
Summary balance sheet:
Fixed assets							271,813	278,413
Creditors falling due within	one year					(405,613)		(405,613)
Net assets						(133,800)		(127,200)
Aggregate share capital and reserves						(133,800)		(127,200)
Contribution by parent company
The parent charity contribution to the results			for the year is as follows:
Income						4,051,213		3,869,848
Expenditure						(3,848,413)		(3,823,282)
Net income/(expenditure)	for	the year					202,800	46,566

		Group		School
		2021	2020	2021	2020
Fee debtors		66,107	57,113	66,107	57,113
Amounts due	from subsidiaries			405,613	405,613
Prepayments	and accrued income	36,681	27,628	36,681	27,628
Other debtors		22,030	26,612	22,030	26,612
		124,818	111,353	530,431	516,966

	Group		School
	2021	2020	2021	2020
			f	f
Trade creditors	39,509	29,560	39,509	29,560
Other creditors and accruals	45,424	68,667	45,424	68,667
Social security and other taxes	61,191	55,082	61,191	55,082
Fees in advance	402,188	323,036	402,188	323,036
Bank loans (see note 18)	71,738	71,739	71,738	71,739
	620,050	548,084	620,050	548,084

		Group		School
		2021	2020	2021	2020
		f	f
Pupil	deposits	143,000	133,750	143,000	133,750
Bank	loans (see note 18)	2,072,257	2,128,261	2,072,257	2,128,261
		2,215,257	2,262,011	2,215,257	2,262,011

			Unrestricted	Restricted	2021
			funds	funds	Total
Fund balances at 31August 2021are represented		by:
Fixed assets			4,852,414		4,852,414
Current assets			714,565		714,565
Creditors: amounts	falling due within one year		(620,050)		(620,050)
Creditors: amounts	falling due over one year		(2,215,257)		(2,215,257)
			2,731,672		2,731,672
			Unrestricted	Restricted	2020
			funds	funds	Total
					E
Fund balances at 31August 2020 are represented		by:
Fixed assets			4,923,949		4,923,949
Current assets			421,618		421,618
Creditors: amounts	falling due within one year		(548,084)		(548,084)
Creditors: amounts	falling due over one year		(2,262,011)		(2,262,011)
			2,535,472		2,535,472

	Group		School
	2021	2020	2021	2020
Within one year	230,000	230,000	230,000	230,000
Between one and five years	920,000	920,000	920,000	920,000
In more than five years	4.600.000	4,830,000	4,600,000	4,830,000
	5,750,000	5,980,000	5,750,000	5,980,000