| 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 | ,N« | /•' | - | ||||
| f DocuSignedby: |
DocuSignedby: | ||||||
| kxdjuui{LJlJLMA. | |||||||
| **«"B3Ee3e»58e«e»'.'• • ** | B»293865CAP«3^•••• | ||||||
| JGorridge | MReddan | ||||||
| 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) |