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2020-08-31-accounts

Page
Report ofthe Trustees 1 to 9
Report ofthe Independent
Auditors		 10 to 11
Statement
of Financial Activities		 12
Balance Sheet 13 to 14
Cash Flow Statement
Notes to the Cash Flow Statement 16
Notes to ihe Financial Statements 17to 23
Detailed Statement of Financial Activities 24to 25

f or the Year E nded 31Au
ust 2		 020
31.8.20 31.8.19
Unrestricted Restricted Total funds Total funds
funds funds
Notes f f E E
INCOME AND ENDOWMENTS FROM
Donations and legacies 60,830 60,830 26,382
Charitable activities
Education 1,531,002 1,531,002 1,489,377
Investment income 13,755 13,755 16,547
Other income 19,154 19,154 11,876
Total 1,624,741 1,624,741 1,544,182
EXPENDITURE ON
Charitable activities
Education 1,667,499 1,667,499 1,696,352
NET INCOME/(EXPENDITURE) (42,758) (42,758) (152,170)
RECONCILIATION
OF FUNDS
Total funds brought forward 1,773,367 1,773,367 1,925,537
TOTAL FUNDS CARRIED FORWARD 1,730,609 1,730,609 1,773,367

31.8.20 31.8.19
Unrestricted Restricted Total funds Total funds
funds funds
Notes E f E f
FIXEDASSETS
Tangible assets 1,061,096 1,061,096 1,093,454
CURRENT ASSETS
Debtors 12 17,774 17,774 19,027
Cash at bank 934,080 934,080 982,317
951,854 951,854 1,001,344
CREDITORS
Amounts
falling due within one year		 13 (226,740) (226,740) (264,424)
NET CURRENT ASSETS 725,114 725,114 736,920
TOTAL ASSETS LESSCURRENT LIABILITIES 1,786,210 1,786,210 1,830,374
CREDITORS
Amounts
falling due after more than one year		 14 (55,601) (55,601) (57,007)
NET ASSETS 1,730,609 1,730,609 1,773,367
FUNDS 15
Unrestricted
funds		 1,730,609 1,773,367
TOTAL FUNDS 1,730,609 1,773,367

for the Ye ar Ended 31Au
us		 t 2020
31.8.20 31.8.19
Notes f E
Cash flows from operating activities:
Cash used in operations (14,454) (92,565)
Interest paid
Net cash provided
by/used		 in) operating activities (14,454) (92,565)
Cash flows from investing activities:
Purchase oftangible fixed assets (43,196) (64,558)
Interest received 9,413 9,293
Net cash provided
by/ (used in) investing		 activities (33,783) (55,265)
Change
in cash and cash equivalents		 in the
reporting
period		 (48,237) (147,830)
Cash and cash equivalents at the beginning ofthe
reporting
period		 982,317 1,130,147
Cash and cash equivalents at the end of the
reporting
period		 934,080 982,317

RECONCILIATION OF NET OF NET INCOME/(EXPENDITURE) INCOME/(EXPENDITURE) INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES OPERATING ACTIVITIES
31.8.20 31.8.19
E E
Net income/(expenditure) for the reporting period (as per the statement
offinancial activities) (42,758) (152,170)
Adjustments
for:
Depreciation
charges		 75,554 89,162
Interest received (9,413) (9,293)
Decrease/(increase) in debtors 1,253 (2,076)
Decrease in creditors (39,090) (18,188)
Net cash provided by (used in) operating activities (14,454) (92,565)
ANALYSIS OF CHANGES IN NET FUNDS
At 1.9.19 Cash flow At 31.8.20
f E f
Net cash
Cash at bank 982,317 (48,237) 934,080
Total 982,317 (48,237) 934,080

Freehold building &improvements - 2/o on cost and Straight line over 10years line over 10years
Freehold land - Not provided
Equipment &Website -Straight
line over 5years		 and Straight line over 10years
Motor vehicles -Straight
line over 4years

2. DONATIONS DONATIONS AND LEGACIES AND LEGACIES
31.8.20 31.8.19
f f
Donations 6,287 26,382
Grants 54,543
60,830 26,382
Grants received, included in the above, are as follows;
31.8.20 31.8.19
f
Furlough grant 54,543
3. INVESTMENT INCOME
31.8.20 31.8.19
f
Rents received 4,342 7,254
Interest received 9,413 9,293
13,755 16,547
4. INCOME FROM CHARITABLE ACTIVITIES
31.8.20 31.8.19
Activity f f
School Education 1,260,440 1,264,509
Nursery Education 310,060 187,666
Extras / Extra lessons Education 47,326 54,006
Meals Education 71,996 108,813
Bursaries and discounts Education (158,820) (125,617)
1,531,002 1,489,377
5. CHARITABLE ACTIVITIES COSTS
Direct costs Support costs Totals
(See note 6)
f		 f
Education 8,060 1,667,499
6. SUPPORT COSTS
Governance
costs
f
Education 8,060

Net incom e/(expenditur e)
is stated a		 fter charging/(crediting).
31.8.20 31.8.19
E f
Auditors' remuneration 7,060 4,650
Auditors' remuneration for non-audit work 1,000 1,820
Depreciation
-owned		 assets 75,554 89,162

31.8.20 31.8.19
f E
Wages and salaries 996,666 984,189
Social security costs 78,146 80,424
Other pension costs 111,915 111,111
1,186,727 1,175,724
The average
monthly
num		 ber ofemployees during the year was as follow s:
31.8.20 31.8.19
Teaching 29 27
Administration 8
Domestic 7 8
44 43
The number ofemployees whose employee benefits (excluding employer pension costs) exceeded f60,000was:
31.8.20 31.8.19
E80,001 - E90,000 1 1

Unrestricted Restricted Total funds
funds funds
E E E
INCOIVIE AND ENDOWMENTS FROM
Donations
and legacies		 26,382 26,382
Charitable
activities
Education 1,489,377 1,489,377
Investment
income		 16,547 16,547
Other income 11,876 11,876
Total 1,544,182 1,544,182
EXPENDITURE ON
Charitable
activities
Education 1,696,352 1,696,352
NET EXPENDITURE (152,170) (152,170)
Transfers between funds 21,840 (21,840)
Net movement
in funds		 (130,330) (21,840) (152,170)
RECONCILIATION
OF FUNDS
Total funds brought forward 1,903,697 21,840 1,925,537
TOTAL FUNDS CARRIED FORWARD 1,773,367 1,773,367

11. TANGIBLE FIXEDASSE TS
Freehold
building R, Equipment 8 Motor
improvements Freehold land Website vehicles Totals
E f E E E
COST
At 1September 2019 977,957 300,000 305,489 52,482 1,635,928
Additions 43,196 43,196
Disposals (74,771) (74,771)
At 31August 2020 977,957 300,000 273,914 52,482 1,604,353
DEPRECIATION
At 1September 2019 327,209 171,654 43,611 542,474
Charge for year 34,656 32,027 8,871 75,554
Eliminated
on disposal		 (74,771) (74,771)
At 31August 2020 361,865 128,910 52,482 543,257
NET BOOK VALUE
At 31August 2020 616,092 300,000 145,004 1,061,096
At 31August 2019 650,748 300,000 133,835 8,871 1,093,454
12. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.20 31.8.19
E E
Fees receivable 10,177 9,155
Prepayments 7,597 9,692
Other debtors 180
17,774 19,027
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.20 31.8.19
f f
Social security and other taxes 19,597 20,723
Other creditors 38,980 37,610
Pensions 15,325
Accruals and deferred income 168,163 190,766
226,740 264,424
14. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.20 31.8.19
E E
Deposits 55,601 57,007

Net
movement
in
At 1.9.19 funds At 31.8.20
E f f
Unrestricted funds
General fund 1,773,367 (42,758) 1,730,609
TOTAL FUNDS 1,773,367 (42,758) 1,730,609
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
in
resources expended funds
E f E
Unrestricted funds
General
fund		 1,624,741 (1,667,499) (42,758)
TOTAL FUNDS 1,624,741 (1,667,499) (42,758)
Comparatives for movement in funds
Net Transfers
movement
in		 between
At 1.9.18 funds funds At 31.8.19
E E E f
Unrestricted Funds
General fund 1,903,697 (152,170) 21,840 1,773,367
Restricted
Funds
Conservatory 21,840 (21,840)
TOTAL FUNDS 1,925,537 (152,170) 1,773,367
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
in
resources expended funds
f E E
Unrestricted funds
General
fund		 1,544,182 (1,696,352) (152,170)
TOTAL FUNDS 1,544,182 (1,696,352) (152,170)

Net Transfers
movement in between
At 1.9.18 funds funds At 31.8.20
f f f f
Unrestricted funds
General fund 1,903,697 (194,928) 21,840 1,730,609
Restricted funds
Conservatory 21,840 (21,840)
TOTAL FUNDS 1,925,537 (194,928) 1,730,609
Incoming Resources Movement
in
resources expended funds
f f f
Unrestricted funds
General fund 3,168,923 (3,363,851) (194,928)
TOTAL FUNDS 3,168,923 (3,363,851) (194,928)

for the Year Ended 3 1Au
ust 2020
31.8.20 31.8.19
E f
INCOME AND ENDOWMENTS
Donations
and legacies
Donations 6,287 26,382
Grants 54,543
60,830 26,382
Investment
income
Rents received 4,342 7,254
Interest received 9,413 9,293
13,755 16,547
Charitable
activities
School 1,260,440 1,264,509
Nursery 310,060 187,666
Extras / Extra lessons 47,326 54,006
Meals 71,996 108,813
Bursaries and discounts (158,820) (125,617)
1,531,002 1,489,377
Other income
Sundry income 19,154 11,876
Total incoming resources 1,624,741 1,544,182
EXPENDITURE
Charitable
activities
Wages 996,666 984,189
Socia I security 78,146 80,424
Pensions 111,915 111,110
Rates 27,234 26,612
Insurance 16,638 20,108
Fuel and light 35,945 24,951
Maintenance 45,002 36,870
Repairs and renewals 8,430 9,211
Garden maintenance 1,751 4,714
Provision offood 108,191 146,229
Motor costs 3,183 1,850
Curricula
and library		 29,252 28,176
Training 5,512 11,054
Advertising 20,230 15,991
Recruitment 1,320 1,880
Legal, professional and subscription 32,137 35,233
Carried forward 1,521,552 1,538,602

for the Year Ended 31Au us t 2020
31.8.20 31.8.19
f E
Charitable
activities
Brought forward 1,521,552 1,538,602
Travelling 1,184 12,114
Print, post and stationery 9,635 6,722
Telephone 4,230 3,826
Computer
consumables		 and licences 39,892 31,218
Sundry 5,550 6,564
Freehold
building
and improvements		 depreciation 34,656 34,655
Equipment
and website		 depreciation 32,027 45,637
Motor vehicles depreciation 8,871 8,870
Bank charges 1,842 1,674
1,659,439 1,689,882
Support costs
Governance
costs
Auditors'
remuneration		 7,060 4,650
Auditors'
remuneration		 for non-audit work 1,000 1,820
8,060 6,470
Total resources expended 1,667,499 1,696,352
Net expenditure (42,758) (152,170)