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|Governors|Governors||||Mr J M PTaylor (Chair) (appointed|Mr J M PTaylor (Chair) (appointed|24 November|2020)|
|---|---|---|---|---|---|---|---|---|
||||||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|
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|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|
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|||||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|
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|||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|
##
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|||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|
##
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|||||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)|
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|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|
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||||||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|
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|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|
##
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|13|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|
##
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|14|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|
##
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|||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|
##
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|||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|
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||||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|
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||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|
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