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|||Page|
|---|---|---|
|Trustees'
report||1-7|
|Independent
examiner's|report||
|Statement
offinancial activities|||
|Balance sheet||10|
|Statement ofcash flows|||
|Notes to the financial statements||12-25|
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|Trustees||||Miss A McCarthy-Sommerville|
|---|---|---|---|---|
|||||Mr ECohen|
|||||Mr FA Parffrey|
|School administrator||||Mr S Bellamy|
|Charity|number|||299714|
|Company||number||02274600|
|Principal|address|||Greylands|
|||||48 East Street|
|||||Ashburton|
|||||Devon|
|||||TQ13 7AX|
|Registered|||office|30Fore Street|
|||||Totnes|
|||||Devon|
|||||TQ9 5RP|
|Independent|||examiner|Darnells Chartered Accountants|
|||||Quay House|
|||||Quay Road|
|||||Newton Abbot|
|||||Devon|
|||||TQ12 2BU|
|Bankers||||Lloyds Bank|
|||||31 Fore Street|
|||||Totnes|
|||||Devon|
|||||TQ9 5HH|
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|||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|funds||
||||Notes|2020
F|2020
6||2019f|2019
8|2019
6|
|Income from:||||||||||
|Voluntary
income||||||||1,000|1,000|
|Incoming
resources||||||||||
|from charitable||||||||||
|activities||||678,779|71,000|749,779|618,129|44,480|662,609|
|Investment
income||||395||395|450||450|
|Total income||||679,174|71,000|750,174|618,579|45,480|664,059|
|~Edit||||||||||
|Charitable
activities||||595,419|66,662|662,081|507,419|42,203|549,622|
|Net income for the yearl||||||||||
|Net incoming|resources|||83,755|4,338|88,093|111,160|3,277|114,437|
|Other recognised||gains|and|losses||||||
|Other gains or|losses||10||808|808||||
|Net movement|in funds|||83,755|5,146|88,901|111,160|3,277|114,437|
|Fund balances|at 1|||||||||
|August 2019||||615,976|17,300|633,276|504,817|14,023|518,840|
|Fund balances|at|31||||||||
|July 2020||||699,731|22,446|722,177|615,977|17,300|633,277|
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|||||2020||2019||
|---|---|---|---|---|---|---|---|
||||Notes|F||6||
|Fixed assets||||||||
|Tangible assets|||||289,508||290,905|
|Current assets||||||||
|Debtors|||12|216,400||72,528||
|Cash at bank and|in|hand||345,266||380,536||
|||||561,666||453,064||
|Creditors: amounts||falling due within|14|||||
|one year||||(94,570)||(86,108)||
|Net current assets|||||467,096||366,956|
|Total assets less|current liabilities||||756,604||657,861|
|Creditors: amounts||falling due after|15|||||
|more than one year|||||(16,745)||(24,584)|
|Provisions for liabilities|||||(17,682)|||
|Net assets|||||722,177||633,277|
|Income funds||||||||
|Restricted funds|||19||22,446||17,300|
|Unrestricted
funds|||||699,731||615,977|
||||||722,177||633,277|
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||||||2020||2019||
|---|---|---|---|---|---|---|---|---|
|||||Notes|8||6||
|Cash flows from operating|||activities||||||
|Cash (absorbed
by)/generated|||from|22|||||
|operations||||||(21,938)||190,198|
|Investing
activities|||||||||
|Purchase oftangible fixed|assets||||(5,895)||(5,392)||
|Interest received|||||395||450||
|Net cash used in investing|||activities|||(5,500)||(4,942)|
|Financing
activities|||||||||
|Repayment
of bank loans|||||(7,832)||(7,300)||
|Net cash used in financing|||activities|||(7,832)||(7,300)|
|Net (decrease)/increase|in|cash and||cash|||||
|equivalents||||||(35,270)||177,956|
|Cash and cash equivalents||at beginning||ofyear||380,536||202,580|
|Cash and cash equivalents|||at end of|year||345,266||380,536|
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||||Restricted|Total|
|---|---|---|---|---|
||||funds||
||||2020|2019|
||||E|F|
|Donations|and|grants||1,000|
|Donations|and|grants|||
|Other||||1,000|
|||||1,000|
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|||||Net school|Net school|fees and|
|---|---|---|---|---|---|---|
|||||fees and|associated|income|
|||||associated|||
|||||income|||
|||||2020||2019|
|||||||f|
|Net school||fees and associated|income|725,056||662,609|
|Restricted||Grants||24,723|||
|||||749,779||662,609|
|Analysis|by fund||||||
|Unrestricted||funds||678,779||618,129|
|Restricted||funds||71,000||44,480|
|||||749,779||662,609|
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||2020|2019|
|---|---|---|
|||6|
|Fees Receivable|846,397|732,413|
|Lunches|13,660|15,382|
|Buses/ Trips/ Camps|6,575|27,884|
|Bursaries given|(78,873)|(82,145)|
|Discounts
given|(62,566)|(51,846)|
|Staff discount|(21,583)|(23,559)|
|COI/ID discount|(24,831)||
|LEA funding|46,277|44,480|
|Klax grant|13,120||
|Eclect grant|11,603||
||749,779|662,609|
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|Unrestricted|Unrestricted|
|---|---|
|funds|funds|
|2020|2019|
|6|5|
|395|450|
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||||||Costs of|Costs of|
|---|---|---|---|---|---|---|
||||||operation
of|operation
of|
||||||school|school|
||||||2020|2019|
||||||5|6|
|Staff costs|||||372,537|316,850|
|Depreciation
and|impairment||||7,292|7,588|
|Restricted
expenditure|||||20,879||
|Supply teachers|and cooking contractors||||2,635|1,000|
|Counselling
costs|||||840|1,650|
|Books, teaching|supplies||and exam fees||15,061|31,387|
|Food and refreshments|||||5,878|9,544|
|Camp,
trip and educational||||visit costs|788|22,491|
|Rent and rates|||||4,828|3,958|
|Repairs and cleaning|||||54,023|20,931|
|Insurances|||||8,094|7,025|
|Light and heat|||||7,125|6,082|
||||||499,980|428,506|
|Share of support|costs (see|||note 7)|150,104|108,543|
|Share ofgovernance||costs||(see note 7)|11,997|12,573|
||||||662,081|549,622|
|Analysis
by fund|||||||
|Unrestricted
funds|||||595,419|507,419|
|Restricted funds|||||66,662|42,203|
||||||662,081|549,622|
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|7|Supportcosts|||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Support|Governance|2020|2019|Basis of|
||||||costs|costs|||allocation|
|||||||6||||
||Staff costs||||100,165||100,165|80,197|Time spent|
||Motor running
and|travelling|||5,880||5,880|9,446|Direct|
||Bad debts||||24,180||24,180||Direct|
||Advertising
and publicity||||1,197||1,197|2,916|Direct|
||Recruitment,
training||and workshops||6,406||6,406|1,515|Direct|
||Printing,
postage and||stationery||3,756||3,756|5,524|Direct|
||Telephone
and communication||||1,163||1,163|921|Direct|
||Copier hire||||3,352||3,352|3,575|Direct|
||Bank charges||||856||856|765|Direct|
||Interest payable||||2,025||2,025|2,575|Direct|
||Sundries||||1,124||1,124|1,109|Direct|
||Independent
examiner's|||fees-|||||Governance|
||external
scrutiny|||||2,280|2,280|2,280||
||Independent
examiner's|||fees - other|||||Governance|
||services|||||4,253|4,253|8,811||
||Legal, professional|and||consultancy|||||Governance|
||fees|||||5,464|5,464|1,482||
||||||150,104|11,997|162,101|121,116||
||Analysed
between|||||||||
||Charitable
activities||||150,104|11,997|162,101|121,116||
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|The average
|monthly
number ofemployees
during|the year was:||
|---|---|---|---|
|||2020|2019|
|||Number|Number|
|Teaching||20|20|
|Administration||4|3|
|Maintenance||1|1|
|Counselling||1|1|
|||26|25|
|Employment|costs|2020|2019f|
|Wages and salaries||407,755|352,331|
|Social security|costs|27,423|18,491|
|Other pension|costs|37,524|26,225|
|||472,702|397,047|
|Other g|ains or lo|sses|||
|---|---|---|---|---|
||||Restricted|Total|
||||funds||
||||2020|2019|
||||8|F|
|Foreign|exchange|gains|(808)||
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|11|Tangible|fixed assets|||||||
|---|---|---|---|---|---|---|---|---|
|||||Land and|Plant and|Fixtures, Motor vehicles||Total|
|||||buildings|machinery|fittings &|||
|||||||equipment|||
||||||||6||
||Cost||||||||
||At 1August 2019|||277,865|38,256|112,096|26,219|454,436|
||Additions||||5,895|||5,895|
||At 31 July|2020||277,865|44,151|112,096|26,219|460,331|
||Depreciation
and impairment||||||||
||At 1August 2019||||28,527|108,788|26,216|163,531|
||Depreciation
charged||in the year||4,979|2,313||7,292|
||At 31 July|2020|||33,506|111,101|26,216|170,823|
||Carrying|amount|||||||
||At 31 July|2020||277,865|10,645|995|3|289,508|
||At 31 July|2019||277,865|9,729|3,308|3|290,905|
|
of6110,000.
Debtors|,|
|g|
|---|---|---|---|
|||2020|2019|
|Amounts
falling due within one year:||6||
|Fee debtors||74,715|23,941|
|Other debtors||132,936|40,688|
|Prepayments|and accrued income|8,749|7,899|
|||216,400|72,528|
|Loans and overdrafts||||
|||2020|2019|
|||f||
|Bankloans||24,576|32,407|
|Payable
within|one year|7,831|7,823|
|Payable after|one year|16,745|24,584|
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|Creditors:|amounts|falling due within one year||||
|---|---|---|---|---|---|
||||Notes|2020f|2019
5|
|Bank loans|||13|7,831|7,823|
|Other taxation and social security||||675|214|
|Trade creditors||||17,565|21,142|
|Other creditors||||1,080|28|
|Deposits helds||||57,001|52,741|
|Accruals and deferred||income||10,418|4,160|
|||||94,570|86,108|
|Creditors:|amounts|falling due after more than one year||||
|||||2020|2019|
||||Notes|6||
|Bankloans|||13|16,745|24,584|
|Provisions|for liabilities|||2020f|2019
E|
|||||17,682||
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|||||Movement|in funds||
|---|---|---|---|---|---|---|
||||Balance at 1|Incoming|Resources|Balance at 31|
||||August|resources|expended|July 2020|
||||2019||||
||||F||||
|Learning|support||4,300|46,277|(50,577)||
|Erasmus|funding|||12,411|(12,411)||
|Meadowbrook|||13,000|||13,000|
|Europaisher||Radiopodcast||13,120|(3,674)|9,446|
||||17,300|71,808|(66,662)|22,446|
|20|Analysis ofnet assets|between funds||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|||funds|funds||funds|funds||
|||2020|2020|2020|2019|2019|2019|
|||8||E|f|6|E|
||Fund balances at 31|||||||
||July 2020 are|||||||
||represented
by:|||||||
||Tangible assets|289,508||289,508|290,905||290,905|
||Current assets/|||||||
||(liabilities)|467,096||467,096|366,956||366,956|
||Long term liabilities|(16,745)||(16,745)|(24,584)||(24,584)|
||Provisions|(17,682)||(17,682)||||
|||722,177||722,177|633,277||633,277|
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|21|Related party transactions|||||||(Continued)|
|---|---|---|---|---|---|---|---|---|
||Transactions
with related parties||||||||
||During the year the charity entered||into the|no transactions||with related parties.|||
|22|Cash generated
from operations||||||2020|2019|
||||||||6|6|
||Surplus for the year||||||88,093|114,437|
||Adjustments
for:||||||||
||Investment
income recognised
in|statement||offinancial|activities||(395)|(450)|
||Foreign exchange differences||||||808||
||Depreciation
and impairment
oftangible fixed assets||||||7,292|7,588|
||Movements
in working
capital:||||||||
||(Increase)/decrease
in debtors||||||(143,872)|86,302|
||Increase/(decrease)
in creditors||||||8,454|(17,679)|
||(Decrease)
in provisions||||||17,682||
||Cash (absorbed
by)/generated|from operations|||||(21,938)|190,198|
|23|Analysis ofchanges
in net funds||||||||
|||||||At 1 August 2019|Cash flows|At 31 July 2020|
|||||||6||6|
||Cash at bank and in hand|||||380,536|(35,270)|345,266|
||Loans falling due within one year|||||(7,823)|(8)|(7,831)|
||Loans falling due after more than|one year||||(24,584)|7,839|(16,745)|
|||||||348,129|(27,439)|320,690|