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2020-08-31-accounts
|
Page |
| Trustees'report |
1-5 |
| StatementofTrustees'responsibilities |
6 |
| Independentauditor'sreport |
7-9 |
| Statementoffinancialactivities |
10 |
| Balancesheet |
11 |
| Statementof cashflows |
12 |
| Notestothefinancialstatements |
13- 25 |
|
|
Unrestricted |
Unrestricted |
|
|
funds |
funds |
|
|
2020 |
2019 |
|
Notes |
£ |
£ |
| Incomeandendowmentsfrom: |
|
|
|
| Charitableactivities |
3 |
4.778,157 |
4,518,432 |
| Investments |
4 |
42,455 |
130,881 |
| Otherincome |
|
232,724 |
32,662 |
| Totalincome |
|
5,053,336 |
4,681,975 |
| Expenditureon: |
|
|
|
| Charitableactivities |
|
4,837,647 |
4,627,782 |
| Netincomefortheyear/ |
|
|
|
| Netmovementinfunds |
|
215,689 |
54,193 |
| Fundbalancesat1September2019 |
|
3,475,964 |
3,421,771 |
| Fundbalancesat31August2020 |
|
3,691,653 |
3,475,964 |
|
|
|
|
2020 |
|
2019 |
2019 |
|
Notes |
|
|
|
|
£ |
£ |
| Fixedassets |
|
|
|
|
|
|
|
| Tangibleassets |
11 |
|
|
666,789 |
|
|
701,395 |
| Currentassets |
|
|
|
|
|
|
|
| Stocks |
12 |
|
1,496 |
|
|
1,496 |
|
| Debtors |
13 |
5,546,937 |
|
|
|
5,512,629 |
|
| Cashatbankandinhand |
|
119,582 |
|
|
|
192,690 |
|
|
|
5,668,015 |
|
|
|
5,706,815 |
|
| Creditors:amountsfallingduewithin |
|
|
|
|
|
|
|
| oneyear |
14 |
(1,156,795) |
|
|
|
(1,456,433) |
|
| Netcurrentassets |
|
|
|
4,511,220 |
|
|
4,250,382 |
| Totalassetslesscurrentliabilities |
|
|
|
5,178,009 |
|
|
4,951,777 |
| Creditors:amountsfallingdueafter |
|
|
|
|
|
|
|
| morethanoneyear |
15 |
|
|
(1,486,356) |
|
|
(1,475,813) |
| Netassets |
|
|
|
3,691,653 |
|
|
3,475,964 |
| Incomefunds |
|
|
|
|
|
|
|
| Unrestrictedfunds-general |
|
|
|
3,691,653 |
|
|
3,475,964 |
|
|
|
|
3,691,653 |
|
|
3,475,964 |
| ThefinancialstatementswereapprovedbytheTrusteeson |
|
|
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- |
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|
DocuSignedby: |
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| **«"B3Ee3e»58e«e»'.'• • ** |
|
B»293865CAP«3^•••• |
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| JGorridge |
|
MReddan |
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| Trustee |
|
Trustee |
|
|
|
|
|
|
|
2020 |
|
2019 |
|
|
Notes |
£ |
£ |
£ |
£ |
| Cashflowsfromoperatingactivities |
|
|
|
|
|
| Cashgeneratedfrom/(absorbedby) |
23 |
|
|
|
|
| operations |
|
|
2,117 |
|
(172,742) |
| Investingactivities |
|
|
|
|
|
| Purchaseoftangiblefixedassets |
|
(69,716) |
|
(240,499) |
|
| Investmentincomereceived |
|
42,455 |
|
130,881 |
|
| Netcashusedininvestingactivities |
|
|
(27,261) |
|
(109,618) |
| Financingactivities |
|
|
|
|
|
| Repaymentofbankloans |
|
(33,964) |
|
(63,853) |
|
| Netcashusedinfinancingactivities |
|
|
(33,964) |
|
(63,853) |
| Netdecreaseincashandcashequivalents |
|
|
(59,108) |
|
(346,213) |
| Cashandcashequivalentsatbeginningofyear |
|
|
178,690 |
|
524,903 |
| Cashandcashequivalentsatendofyear |
|
|
119,582 |
|
178,690 |
| Relatingto: |
|
|
|
|
|
| Cashatbankandinhand |
|
|
119,582 |
|
192,690 |
| Bankoverdraftsincludedincreditors |
|
|
|
|
|
| payablewithinoneyear |
|
|
- |
|
(14,000) |
|
Schoolfees |
Schoolfees |
|
2020 |
2019 |
|
£ |
£ |
| Feeincome |
4,609,077 |
4,219,304 |
| Tripincome |
36,997 |
110,188 |
| Cateringincome |
109,302 |
151,396 |
| Swimmingincome |
13,117 |
18,225 |
| Beforeandafterschoolclubs |
9,664 |
19,319 |
|
4,778,157 |
4,518,432 |
|
Unrestricted |
Total |
|
funds |
|
|
general |
|
|
2020 |
2019 |
|
£ |
£ |
| Interestreceivable |
42,455 |
130,881 |
|
Unrestricted |
Unrestricted |
|
funds |
funds |
|
general |
general |
|
2020 |
2019 |
|
£ |
£ |
| Hallhire |
- |
32,662 |
| Coronavirusjobretentionschemegrant |
232,724 |
- |
|
232,724 |
32,662 |
|
|
|
|
|
|
2020 |
2019 |
|
|
|
|
|
|
£ |
£ |
| Staffcosts |
|
|
|
|
|
3,290,102 |
2,999,435 |
| Depreciationandimpairment |
|
|
|
|
|
104,322 |
88,420 |
| Purchases |
|
|
|
|
|
216,389 |
353,583 |
| Bursariesanddiscounts |
|
|
|
|
|
322,274 |
303,645 |
| Establishmentcosts |
|
|
|
|
|
323,099 |
199,704 |
| Repairsandmaintenance |
|
|
|
|
|
57,420 |
129,637 |
| Officeexpenses |
|
|
|
|
|
17,705 |
47,445 |
| Printing,postageandstationery |
|
|
|
|
|
58,591 |
57,889 |
| Subscriptionsanddonations |
|
|
|
|
|
78,373 |
57,399 |
| Equipmenthire |
|
|
|
|
|
369 |
2,168 |
| Sundryandothercosts |
|
|
|
|
|
16,449 |
22,184 |
| Cleaning |
|
|
|
|
|
83,584 |
89,945 |
| Motorexpenses |
|
|
|
|
|
4,173 |
6,162 |
| Travelandsubsistence |
|
|
|
|
|
3,474 |
16,705 |
| Advertisingandpromotion |
|
|
|
|
|
82,091 |
76,017 |
| Baddebtsandirrecoverable |
amounts |
|
|
|
|
68,432 |
61,723 |
| Interestpayable |
|
|
|
|
|
52,306 |
55,601 |
|
|
|
|
|
|
4,779,153 |
4,567,662 |
| Shareofsupportcosts(seenote7) |
|
|
|
|
|
46,505 |
42,916 |
| Shareofgovernancecosts(seenote |
|
7) |
|
|
|
11,989 |
17,204 |
|
|
|
|
|
|
4,837,647 |
4,627,782 |
| Supportcosts |
|
|
|
|
|
|
|
|
SupportGovernance |
|
|
2020 |
Support |
Governance |
2019 |
|
costs |
|
costs |
|
costs |
costs |
|
|
|
£ |
£ |
£ |
£ |
£ |
£ |
| Legalandprofessional |
46,505 |
|
- |
46,505 |
42,916 |
- |
42,916 |
| Auditfees |
|
- |
11,100 |
11,100 |
- |
10,680 |
10,680 |
| Accountancy |
|
- |
889 |
889 |
|
6,524 |
6,524 |
|
46,505 |
|
11,989 |
58,494 |
42,916 |
17,204 |
60,120 |
| Analysedbetween |
|
|
|
|
|
|
|
| Charitableactivities |
46,505 |
|
11,989 |
58,494 |
42,916 |
17,204 |
60,120 |
|
2020 |
2019 |
|
Number |
Number |
| Management |
1 |
1 |
| Administrationandsupport |
19 |
21 |
| Teaching |
73 |
73 |
| Total |
93 |
95 |
| Employmentcosts |
2020 |
2019 |
|
£ |
£ |
| Wagesandsalaries |
2,625,966 |
2,484,963 |
| Social securitycosts |
251,988 |
231,764 |
| Otherpensioncosts |
398,137 |
259,872 |
|
3,276,091 |
2,976,599 |
| Thenumberofemployees whoseannualremunerationwas£60,000or |
|
|
| morewere: |
|
|
|
2020 |
2019 |
|
Number |
Number |
| £90,001-£100,000 |
1 |
- |
| £80,001-£90,000 |
- |
1 |
| £60,001-£70,000 |
- |
1 |
| Tangiblefixedassets |
|
|
|
|
|
Summerworks |
Fixturesand |
IMotorvehicles |
Total |
|
|
fittingsand |
|
|
|
|
equipment |
|
|
|
£ |
£ |
£ |
£ |
| Cost |
|
|
|
|
| At1September2019 |
553,280 |
1,094,038 |
55,671 |
1,702,989 |
| Additions |
27,026 |
42,690 |
- |
69,716 |
| At31August2020 |
580,306 |
1,136,728 |
55,671 |
1,772,705 |
| Depreciationandimpairment |
|
|
|
|
| At1September2019 |
106,649 |
855,738 |
39,207 |
1,001,594 |
| Depreciationchargedintheyear |
23,212 |
75,543 |
5,567 |
104,322 |
| At31August2020 |
129,861 |
931,281 |
44,774 |
1,105,916 |
| Carryingamount |
|
|
|
|
| At31August2020 |
450,445 |
205,447 |
10,897 |
666,789 |
| At31August2019 |
446,631 |
238,300 |
16,464 |
701,395 |
| Stocks |
|
|
|
|
|
|
|
2020 |
2019 |
|
|
|
£ |
£ |
| Stock |
|
|
1,496 |
1,496 |
| Debtors |
|
|
|
|
|
|
|
2020 |
2019 |
| Amountsfallingduewithinoneyear: |
|
|
£ |
£ |
| Tradedebtors |
|
|
319,709 |
245,773 |
| Otherdebtors |
|
|
5,185,337 |
5,211,653 |
| Prepaymentsandaccruedincome |
|
|
41,891 |
55,203 |
|
|
|
5,546,937 |
5,512,629 |
| 14 |
Creditors:amountsfallingduewithinoneyear |
|
|
|
|
|
|
2020 |
2019 |
|
|
Notes |
£ |
£ |
|
Bankloansandoverdrafts |
16 |
23,185 |
81,692 |
|
Othertaxationandsocialsecurity |
|
|
58,516 |
|
Deferredincome |
17 |
756,731 |
827,393 |
|
Tradecreditors |
|
32,835 |
145,401 |
|
Othercreditors |
|
326,861 |
290,820 |
|
Accrualsanddeferredincome |
|
17,183 |
52,611 |
|
|
|
1,156,795 |
1,456,433 |
|
Creditors:amountsfallingdueaftermorethanone year |
|
|
|
|
|
|
2020 |
2019 |
|
|
Notes |
£ |
£ |
|
Bankloans |
16 |
1,486,356 |
1,475,813 |
|
Loansandoverdrafts |
|
|
|
|
|
|
2020 |
2019 |
|
|
|
£ |
£ |
|
Bankoverdrafts |
|
|
14,000 |
|
Bankloans |
|
1,509,541 |
1,543,505 |
|
|
|
1,509,541 |
1,557,505 |
|
Payablewithinoneyear |
|
23,185 |
81,692 |
|
Payableafteroneyear |
|
1,486,356 |
1,475,813 |
|
2020 |
2019 |
|
£ |
£ |
| Otherdeferredincome |
756,731 |
827,393 |
|
2020 |
2019 |
|
£ |
£ |
| Currentliabilities |
756,731 |
827,393 |
|
756,731 |
827,393 |
|
2020 |
2019 |
|
£ |
£ |
| Withinoneyear |
15,141 |
10,893 |
| Betweentwoandfiveyears |
34,741 |
31,828 |
|
49,882 |
42,721 |
|
2020 |
2019 |
|
£ |
£ |
| Aggregatecompensation |
113,533 |
101,674 |
| Analysisofchangesinnet(debt)/funds |
|
|
|
|
At1September |
Cashflows |
At31August |
|
2019 |
|
2020 |
|
£ |
£ |
£ |
| Cashatbankandinhand |
192,690 |
(73,108) |
119,582 |
| Bankoverdrafts |
(14,000) |
14,000 |
|
|
178,690 |
(59,108) |
119,582 |
| Loansfallingduewithinoneyear |
(67,692) |
44,507 |
(23,185) |
| Loansfallingdue aftermorethanoneyear |
(1,475,813) |
(10,543) |
|
|
(1,364,815) |
(25,144) |
|
| 23 |
Cashgenerated fromoperations |
2020 |
2019 |
|
|
£ |
£ |
|
Surplusfortheyear |
215,689 |
54,193 |
|
Adjustmentsfor; |
|
|
|
Investmentincomerecognisedinprofitorloss |
(42,455) |
(130,881) |
|
Depreciationandimpairmentoftangiblefixedassets |
104,322 |
88,420 |
|
Movementsinworkingcapital: |
|
|
|
(Increase)instocks |
|
(117) |
|
(lncrease)/decreaseindebtors |
(34,308) |
560,653 |
|
(Decrease)/increaseincreditors |
(170,469) |
167,332 |
|
(Decrease)indeferredincome |
(70,662) |
(912,342) |
|
Cashgenerated from/(absorbedby)operations |
2,117 |
(172,742) |