##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||Total|Funds|Funds|
|INCOME FROM:||||2021|2021|2020|
||||Notes|E|E|E|
|Charitable
Activities:|||||||
|Fees receivable|||2|4,300,567|4,300,567|3,979,702|
|Grants and donations||||44,240|44,240|105,600|
|Investments||||3,336|3,336|15,064|
|Other||||41,510|41,510|38,191|
|Total||||4,389,653|4,389,653|4,138,557|
|EXPENDITURE ON:|||||||
|Charitable
Activity|||||||
|School Operating||Costs:|||||
|Teaching costs||||2,524,716|2,524,716|2,568,300|
|Welfare||||295,879|295,879|290,328|
|Premises||||643,360|643,360|625,808|
|Support costs of||schooling||423,112|423,112|411,906|
|Finance costs||||4,924|4,924|56,774|
|Total||||3,891,991|3,891,991|3,953,116|
|Net Income||||497,662|497,662|185,441|
|Transfers
between||funds|||||
|Net movement
in||funds||497,662|497,662|185,441|
|Balance brought|forward|||6,127,282|6,127,282|5,941,841|
|Balance carried|forward|||6,624,944|6,624,944|6,127,282|
||||2021|2020|
|---|---|---|---|---|
|||Notes|||
|FIXED ASSETS|||||
|Tangible assets|||4,246, 072|4,378,156|
|CURRENT ASSETS|||||
|Debtors
—fees|||422|151|
|Other debtors|||7 773|72 723|
|Prepayments|and accrued income||49,437|16,925|
|Total debtors|||57,632|89,799|
|Cash at bank|and in hand||3,624,131|2,899,146|
||||3,681,763|2,988,945|
|CURRENT LIABILITIES|||||
|Creditors
and|accruals|6|(1,102,505)|(908,346)|
|Bank loan||8|(131,087)|(131,098)|
||||(1,233,592)|(1,039,444)|
|NET CURRENT ASSETS|||2,448,171|1,949,501|
|TOTAL ASSETS LESS CURRENT|||||
|LIABILITIES|||6,694,243|6,327,657|
|CREDITORS:|due after more than||||
|one year|||(69,299)|(200,375)|
|NET ASSETS|||6,624,944|6,127,282|
|FUNDS|||||
|Unrestricted|funds||6,624,944|6,127,282|
||||6,624,944|6,127,282|
##
||||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||E|E|
|Cash flows from operating||activities:|||||||||||
|Net cash provided
by operating||||activities|||||A||962,393|385,128|
|Cash flows from investing||activities:|||||||||||
|Interest received|||||||||||3,336|15,064|
|Payments
for tangible
fixed assets||||||||||(109,658)||(53,130)|
|Net cash used in investing||activities||||||||(106,322)||(38,066)|
|Cash flow from financing||activities|||||||||||
|Repayment
of long term|loan|||||||||(131,086)||(83,109)|
|||||||||||(131,086)||(83,109)|
|Net cash used by financing
activities|||||||||||||
|Change
in
cash
and|cash||equivalents||||in|the|||724,985|263,953|
|reporting
period|||||||||||||
|Cash and cash equivalents||at|the||beginning||of|the||2,899,146||2,635,193|
|reporting
period|||||||||||||
|Cash
and
cash
equivalents|||at||the|end|of|the|||||
|reporting
period|||||||||B|3,624,131||2,899,146|
|A.
Reconciliation
of net||movements||||in funds||to|net cash flow from operating||activities||
||||||||||||2021|2020|
||||||||||||E|E|
|Net movement
in funds|for the|||reporting|||period||||||
|(as per the statement
of||financial|||activities)||||||497,662|185,441|
|Adjustments
for:|||||||||||||
|Depreciation
charges|||||||||||238,714|266,661|
|Interest received|||||||||||(3,336)|(15,064)|
|Decrease in debtors|||||||||||32,167|1,435|
|(Decrease) /increase
in creditors|||||||||||194,159|(53,345)|
|Loss on disposal of fixed|assets||||||||||3,027||
|Net cash
provided
by operating||||activities|||||||962,393|385,128|
|B. Analysis of cash and|cash||equivalents||||||||2021|2020|
||||||||||||E|E|
|Cash at bank and in hand||||||||||3,624,131||2,899,146|
|Total cash and cash equivalents||||||||||3,624,131||E2,899,146|
##
##
##
##
##
##
##
##
##
##
|lowing
rates:|||||
|---|---|---|---|---|
|LLH and Buildings||||- 2X on cost|
|Furniture,
Fittings|and|Equipment||- 10Xon cost.|
|Short Leasehold
Property|||(Boilers)|- 10Xon cost|
|All Weather
Pitches||||- 10Xon cost|
|Grounds
Works||||- 10Xon cost|
|Minibuses
Et Motorised||Equipment||- 20X on cost|
|IT Equipment||||- 25X on cost|
##
##
##
##
##
##
##
##
|2.|FEES RECEIVABLE|FEES RECEIVABLE|FEES RECEIVABLE|FEES RECEIVABLE||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|---|---|---|
|||||||||funds|funds|
|||||||||2021|2020|
|||||||||E|E|
||Gross fees|||||||4,404,956|4,101,621|
||Less: bursaries||and discounts|||||(145,266)|(189,529)|
||Fees (net)|||||||4,259,690|3,912,092|
||Extras and|disbursements||||||34,741|63,734|
|||||||||4,294,431|3,975,826|
||Registration|fees||||||6,136|3,876|
||Deposits forfeited|||||||||
|||||||||4,300,567|E3,979,702|
|3.|ANALYSIS|OF TOTAL RESOURCES||||EXPENDED||||
||2021|||||Staff costs|Other|Depreciation|Total|
|||||||E|E|E|E|
||Charitable|Activity:||||||||
||School operating|||costs:||||||
||Teaching costs|||||2,205,472|319,244||2,524,716|
||Welfare||||||295,879||295,879|
||Premises|||||69,052|335,594|238,714|643,360|
||Support and governance||||costs|286,048|137,064||423,112|
||Finance costs||||||4,924||4,924|
|||||||2,560,572|1,092,705|238,714|3,891,991|
||2020|||||Staff costs|Other|Depreciation|Total|
|||||||E|E|E|E|
||Charitable|Activity:||||||||
||School operating|||costs:||||||
||Teaching costs|||||2,219,585|348,715||2,568,300|
||Welfare||||||290,328||290,328|
||Premises|||||77,075|282,072|266,661|625,808|
||Support and governance||||costs|259,968|151,938||411,906|
||Finance costs||||||56,774||56,774|
|||||||E2,556,628|E1,129,827|E266,661|E3,953,116|
##
##
##
##
|||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
|||||||||E|E|
|Expenditure
includes||||||||||
|Auditors|remuneration||-|Audit (including|VAT)|||14,520|14,520|
|-|Other non-audit|||services||||1,140|1,440|
|Operating|lease rentals||-|Plant and machinery||||14,842|15,703|
|-|Other Assets|||||||83,000|82,167|
|STAFF COSTS||||||||2021|2020|
|||||||||E|E|
|Salaries and wages||||||||2,132,933|1,990,855|
|Social security costs||||||||212,243|198,247|
|Pension costs||||||||215,396|367,526|
|||||||||2,560,572|2,556,628|
|||||||||2021|2020|
|||||||||E|E|
|Aggregate|employee|benefits of key management|||||personnel|302,082|289,461|
|The number
of employees||||whose emoluments||exceeded E60,000 were||||
|||||||||No|No|
|E60,000 - E70,000||||||||||
|E110,001|- E120,000|||||||||
|Teaching|48|47|
|---|---|---|
|Premises|3|3|
|Support|7|7|
|||57|
|F|OR THE YEAR ENDED 31 AU|GUST 2021||||||||
|---|---|---|---|---|---|---|---|---|---|
|5.|TANGIBLE FIXED ASSETS|||||||||
|||Long LfH|Furniture|Short|AII|Grounds|MInibusesl|ICT|Total|
|||Land and|Fixtures &|Leasehold|Weather|Works|Motorised|Equipment||
|||Buildings|Equipment|Improvement|Pitches||Equipment|||
|||E|E|E|E||E|||
||Cost|||||||||
||At 1 September 2020|5,348,944|922,414|450,787|77,792|250,100|52,395|303,748|7,406,180|
||Additions|18,454|12,226|27,928|||43,426|7,624|109,658|
||Disposals||(561,839)|||(118,528)|(40,666)|(88,761)|(809,794)|
||At 31August 2021|5,367,398|372,801|478,715|77I792|131I572|55,155|222,611|6,706,044|
||Depreciation|||||||||
||At 1 September 2020|1,552,456|853,741|143,667|11,669|196,079|35,097|235,315|3,028I024|
||Charge for the year|102,323|29,046|46,941|7,779|12,990|8,977|30,659|238,715|
||Disposals||(561,839)|||(118,528)|(37,639)|(88,761)|(806,767)|
||At 31August 2021|1,654,779|320,948|190,608|19,448|90,541|61435|177,213|2,459,972|
||Net Book Value|||||||||
||At 31 August 2021|E3,712,619|E51,853|E288,107|E58,344|E41,031|E48,720|E45,398|E4,246,072|
||At 31 August 2020|E3,796,488|E68,673|E307,120|E66,123|E54,021|E17,298|E68,433|E4,378,156|
##
##
|6.|CREDITORS: Due within|CREDITORS: Due within|CREDITORS: Due within|one|year||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||E|E|
||Deferred|income - fees||in advance|||657,947|441,678|
||Taxation|and social|security||||54,348|52,903|
||Deposits|refundable|and other creditors||||256,860|246,577|
||Trade creditors
and||accruals||||130,054|163,955|
||Pension||||||3,306|3 233|
||Composition
fees||||||||
||||||||E1,102,515|E908,346|
||All brought
forward||deferred||income was released|during the year.|||
|7.|CREDITORS: due after|||more|than one year||2021|2020|
||||||||E|E|
||Bank loan|(note 8)|||||69,299|200,375|
||||||||E69,299|E200,375|
|2021|2020|
|---|---|
|E|E|
|Amounts
falling due:|
|---|
|Within one year|
|The bala|nce repr|esents
the accrued liability
under contracts.|The movements
during the year were:|
|---|---|---|---|
|Brought|forward||28,084|
|Additions|in year|||
|Amounts|utilised|in the year|(28,804)|
##
|8.|BANK LOAN|BANK LOAN||2021|2020|
|---|---|---|---|---|---|
|||||E|E|
||Amounts|falling|due|||
||- between|one and two years||69,299|131,098|
||- between|two and five years|||69,277|
||- after more than five years|||||
|||||69,299|200,375|
||Within one year||—bank loan|131,087|131,098|
|||||200,386|E331,473|
##
||The company
is a registe|red
charity a|nd no taxation|is payable
on its inco|me.||
|---|---|---|---|---|---|---|
|10.|FUNDS|||Unrestricted|Restricted|Total|
|||||Funds|Funds|Funds|
|||||E|E|E|
||Balance at 1 September|2020||6,127,282||6,127,282|
||Net income|||497,622||497,622|
||Transfer||||||
||Balance carried forward|at 31 August|2021|6,624,944||6,624,944|
||PRIOR YEAR COMPARATIVE OF FUNDS|||Unrestricted|Restricted|Total|
|||||Funds|Funds|Funds|
|||||E|E|E|
||Balance at 1 September|2019||5,941,841||5,941,841|
||Net income|||185,441||185,441|
||Transfer||||||
||Balance carried forward|at 31 August|2020|E6,127,282||E6,127,282|
##
|At 31 August
2021 the charity
ha
for as foll,ows:|At 31 August
2021 the charity
ha
for as foll,ows:|d annual
commitm|ents
under
non-can|cellable
operati|ng
leases|
|---|---|---|---|---|---|
|Land and buildings||2021|2020|2021|2020|
|||E|E|E|E|
|||Main|School|Adrien|House|
|Expiry date||||||
|- Within one year||69,167|69,167|8,667|13,000|
|- Within two to five years||24,999|94,166||8,667|
|||94,166|E163,333|8,667|E21,667|
|||||2021|2020|
|||||E|E|
|Operating|leases|||||
|Expiry date||||||
|- Within one year||||14,842|15,739|
|- Within two to five years||||3,980|18,000|
|||||19,106|E33,739|
##
##
##
##
|14.|NET DEBT RECONCILIATION||||At 1|Cashflows|Other non-|At 31|
|---|---|---|---|---|---|---|---|---|
||||||Sept'20||cash|Aug'21|
||||||||changes||
||||||||E||
||Cash at bank and in hand||||2,899,146|724,987||3,624,133|
||Secured bank loan falling due within||1||(131,098)|(131,098)|(131,087)|(131,087)|
||year||||||||
||Secured bank loan falling due less than|||5|(200,375)||131,087|(69,299)|
||years||||||||
||NET DEBT RECONCILIATION|2020|||At 1|Cashflows|Other non-|At 31|
||||||Sept'19||cash|Aug'20|
||||||||changes||
|||||||E|E|E|
||Cash at bank and in hand||||2,635,193|263,953||2,899,146|
||Secured bank loan falling due within||1||(143,013)|(11,915)|11,915|(131,098)|
||year||||||||
||Secured bank loan falling due less than|||5|(271,569)||(71,194)|(200,375)|
||years||||||||
##
##
##
||||||Unrestricted|Total|
|---|---|---|---|---|---|---|
||||||Total|Funds|
|INCOME FROM:|||||2020|2020|
|||||Notes|E|E|
|Charitable
Activities:|||||||
|Fees receivable||||2|3,979,702|3,979,702|
|Covenants
ancC|donations||||105,600|105,600|
|Investments|||||15,064|15,064|
|Other|||||38,191|38,191|
|Total|||||E4,138,557|E4,138,557|
|EXPENDITURE ON:|||||||
|Charitable
Activity|||||||
|School Operating|||Costs:||||
|Teaching costs|||||2,568,300|2,568,300|
|Welfare|||||290,328|290,328|
|Premises|||||625,808|625,808|
|Support costs|of||schooling||411,906|411,906|
|Finance costs|||||56,774|56,774|
|Total|||||E3,953,116|E3,953,116|
|Net Income|||||185,441|185,441|
|Transfers
between|||funds||||
|Net movement|in||funds||185,441|185,441|
|Balance brought||forward|||5,941,841|5,941,841|
|Balance carried||forward|||E6,127,282|E6,127,282|