2021-07-31-accounts - Sands School

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			Page
TrUstees' report			1-5
Independent examiner's		report
Statement offinancial	activities
Balance sheet			8-9
Statement ofcash flows			10
Notes to the financial	statements		11-24

Trustees		Miss A McCarthy-Sommerville	Miss A McCarthy-Sommerville
		Mr E Cohen
		S Bolton		(Appointed	14April 2022)
		E Daniels		(Appointed	14April 2022)
		Mrs H Bodiley		(Appointed	14April 2022)
School administrator		Mr S Bellamy
Charity number		299714
Company number		02274600
Principal address		Greylands
		48 East Street
		Ashburton
		Devon
		TQ13 7AX
Registered	office	30 Fore 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

				Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				funds	funds		funds	funds
			Notes	2021 E	2021	2021	2020	2020 E	2020f
Income from:
Voluntary income				1,505		1,505
Incoming resources
from charitable
activities				557,739	51,091	608,830	678,779	71,000	749,779
Investment income				145		145	395		395
Other income				25,449		25,449
Total income				584,838	51,091	635,929	679,174	71,000	750,174
Ex enditure on:
Charitable activities			7	648,090	51,091	699,181	595,419	66,662	662,081
Net (expenditure)/income
for the year/
Net (outgoing)/incoming
resources				(63,252)		(63,252)	83,755	4,338	88,093
Other recognised		gains	and	losses
Other gains or	losses		11	(1,238)		(1,238)		808	808
Net movement	in funds			(64,490)		(64,490)	83,755	5,146	88,901
Fund balances	at 1
August 2020				699,731	22,446	722,177	615,976	17,300	633,276
Fund balances	at	31
July 2021				635,241	22,446	657,687	699,731	22,446	722, 177

				2021		2020
			Notes	f		f.
Fixed assets
Tangible assets			12		287,803		289,508
Current assets
Debtors			13	68,321		216,400
Cash at bank and	in	hand		457,095		345,266
				525,416		561,666
Creditors: amounts		falling due within
one year			15	(147,752)		(94,570)
Net current assets					377,664		467,096
Total assets less	current liabilities				665,467		756,604
Creditors: amounts		falling due after
more than one year			16		(7,780)		(16,745)
Provisions for liabilities							(17,682)
Net assets					657,687		722,177
Income funds
Restricted funds			20		22,446		22,446
Unrestricted funds					635,241		699,731
					657,687		722,177

				2021		2020
			Notes	f
Cash flows from operating		activities
Cash generated from/(absorbed by)			23
operations					125,164		(21,938)
Investing activities
Purchase oftangible fixed	assets			(5,086)		(5,895)
Interest received				145		395
Net cash used in investing		activities			(4,941)		(5,500)
Financing activities
Repayment of bank loans				(8,394)		(7,832)
Net cash used in financing		activities			(8,394)		(7,832)
Net increase/(decrease)	in	cash and	cash
equivalents					111,829		(35,270)
Cash and cash equivalents		at beginning	ofyear		345,266		380,536
Cash and cash equivalents		at end of	year		457,095		345,266

1	Accounting policies
	Charity information
	Sands School is a private company	limited by guarantee		incorporated	in England and	Wales.	The
	registered office is 30 Fore Street, Totnes, Devon, TQ9		5RP .	The Charity's	place of business	is Greylands,
	48 East Street, Ashburton, Devon, TQ13 7AX.
1.1	Accounting convention
	These accounts have been prepared	in accordance	with	the Charity's	Memorandum and Articles			of
	Association, "Accounting and Reporting by Charities:		Statement of Recommended Practice			applicable		to
	charities preparing their accounts in accordance with		the Financial Reporting Standard applicable in					the
	UK and Republic of Ireland (FRS102) (effective 1 January			2019)", the	Companies Act 2006 and			UK
	Generally Accepted Accounting Practice. The charity is		a Public Benefit Entity as defined by FRS 102.
	The accounts are prepared in sterling,	which is the functional		currency ofthe charity. Monetary amounts				in
	these financial statements are rounded	to the nearest f.1.
	The financial statements have been	prepared under the		historical	cost convention. The principal
	accounting policies adopted are set out	below.
1.2	Charitable funds
	Unrestricted funds are available for use	at the discretion	ofthe	Trustees in	furtherance oftheir	charitable
	objectives.
	Restricted funds are subject to specific	conditions by funders as to how they may be used. The purposes
	and uses ofthe restricted funds are set	out in the notes	to the	accounts.
1.3	Incoming resources
	Income is recognised when the charity	is legally entitled	to it after any performance conditions			have been
	met, the amounts can be measured reliably, and it is probable			that income	will be received.
	Income from school fees is included in	incoming resources in the period that the student has received
	tuition from the school.
	Cash donations are recognised on receipt. Other donations are recognised				once the charity has been
	notified ofthe donation, unless performance conditions		require	deferral ofthe amount. Income		tax
	recoverable in relation to donations received under Gift		Aid or	deeds ofcovenant is recognised		at the time
	ofthe donation.

Incoming		resources from cha	ritable activities
				Net school	Net school	fees and
				fees and	associated	income
				associated
				income
				2021f		2020f
Net school		fees and associated	income	608,830		725,056
Restricted		Grants				24,723
				608,830		749,779
Analysis	by fund
Unrestricted		funds		557,739		678,779
Restricted		funds		51,091		71,000
				608,830		749,779

		Unrestricted	Unrestricted
		funds	funds
		2021	2020
		f	f
Interest	receivable	145	395

Breakdown ofIncoming resources
	2021	2020
	E
Fees Receivable	680,844	846,667
Lunches	7,501	13,660
Buses/ Trips/ Camps	9,944	6,575
Bursaries given	(69,135)	(78,873)
Discounts given	(53,440)	(62,566)
Staff discount	(15,767)	(21,853)
COVID discount	(2,208)	(24,831)
LEA funding	51,091	46,277
Klax grant		13,120
Eclect grant		11,603
	608,830	749,779

Unrestricted	Total
funds
2021	2020
25,449

				Costs of	Costs of
				operation of	operation of
				school	school
				2021	2020
Staff costs				393,211	372,537
Depreciation and impairment				6,791	7,292
Restricted expenditure				6,288	20,879
Supply teachers and cooking contractors				10,878	2,635
Counselling costs				2,211	840
Books, teaching supplies		and exam fees		22,123	15,061
Food and refreshments				6,340	5,878
Camp, trip and educational			visit costs	3,624	788
Rent and rates				6,468	4,828
Repairs and cleaning				55,457	54,023
Insurances				9,970	8,094
Light and heat				5,084	7,125
				528,445	499,980
Share of support costs (see			note 8)	151,698	150,104
Share ofgovernance	costs		(see note 8)	19,038	11,997
				699,181	662,081
Analysis by fund
Unrestricted funds				648,090	595,419
Restricted funds				51,091	66,662
				699,181	662,081

Support cos	ts
					Support	Governance	2021	2020	Basis of
					costs	costs			allocation
					E
Staff costs					106,709		106,709	100,165	Time spent
Motor running	and	travelling			6,230		6,230	5,880	Direct
Bad debts					17,316		17,316	24,180	Direct
Advertising and publicity					1,102		1,102	1,197	Direct
Recruitment,	training		and workshops		9,126		9,126	6,406	Direct
Printing, postage and			stationery		3,901		3,901	3,756	Direct
Telephone and communication					1,897		1,897	1,163	Direct
Copier hire					2,843		2,843	3,352	Direct
Bank charges					748		748	856	Direct
Interest payable					1,742		1,742	2,025	Direct
Sundries					84		84	1,124	Direct
Independent	examiner's			fees-					Governance
external scrutiny						2,280	2,280	2,280
Independent	examiner's			fees - other					Governance
services						6,526	6,526	4,253
Legal, professional		and		consultancy					Governance
fees						10,232	10,232	5,464
					151,698	19,038	170,736	162,101
Analysed between
Charitable activities					151,698	19,038	170,736	162,101

		2021	2020
		Number	Number
Teaching		19	20
Administration		4	4
Maintenance		1	1
Counselling		1	1
Total		25	26
Employment	costs	2021	2020
Wages and salaries		438,825	407,755
Social security	costs	28,290	27,423
Other pension	costs	32,805	37,524
		499,920	472,702

Unrestricted	Restricted
funds	funds
2021	2020
1,238	(808)

Tangible	fixed assets
			Land and	Plant and	Fixtures, Motor vehicles		Total
			buildings	machinery	fittings &
					equipment
Cost
At 1August 2020			277,865	44,151	112,096	26,219	460,331
Additions				3,454	1,632		5,086
At 31 July	2021		277,865	47,605	113,728	26,219	465,417
Depreciation and impairment
At 1 August 2020				33,506	111,101	26,216	170,823
Depreciation charged		in the year		5,722	1,069		6,791
At 31 July	2021			39,228	112,170	26,216	177,614
Carrying	amount
At 31 July	2021		277,865	8,377	1,558	3	287,803
At 31 July	2020		277,865	10,645	995	3	289,508

ofF110,000. Debtors	,		regon
		2021	2020
Amounts falling due within one year:			f
Fee debtors		57,269	74,715
Other debtors			132,936
Prepayments	and accrued income	11,052	8,749
		68,321	216,400
Loans and overdrafts
		2021	2020
Bank loans		16,182	24,576
Payable within	one year	8,402	7,831
Payable after	one year	7,780	16,745

15	Creditors: am	ounts	falling	due within one	year
							2021	2020
						Notes
	Bank loans					14	8,402	7,831
	Other taxation	and social security					12,243	675
	Trade creditors						54,684	17,565
	Other creditors						58	1,080
	Deposits helds						67,002	57,001
	Accruals and deferred		income				5,363	10,418
							147,752	94,570
16	Creditors: amounts		falling due after more		than one year
						Notes	2021f	2020
	Bank loans					14	7,780	16,745
17	Provisions for	liabilities					2021	2020
	Repayment of	Coronavirus		Job Retention	Scheme grant
	At 1 August 2020						17,682
	Receipt							17,682
	Reversal ofprovision						(17,682)
								17,682

				Movement	in funds
			Balance at 1	Incoming	Resources	Balance at 31
			August	resources	expended	July 2021
			2020
Learning	support			51,091	(51,091)
Meadowbrook			13,000			13,000
Europaisher		Radiopodcast	9,446			9,446
			22,446	51,091	(51,091)	22,446

Analysis	ofnet assets	between funds
		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2021	2021	2021	2020	2020	2020
		E	E	E	F	F
Fund balances at 31
July 2021 are
represented	by:
Tangible assets		287,803		287,803	289,508		289,508
Current assets/
(liabilities)		355,218	22,446	377,664	444,650	22,446	467,096
Long term	liabilities	(7,780)		(7,780)	(16,745)		(16,745)
Provisions					(17,682)		(17,682)
		635,241	22,446	657,687	699,731	22,446	722, 177

23	Cash generated from	operations					2021	2020
							f	f
	(Deficit)/surplus for the	year					(63,252)	88,093
	Adjustments for:
	Investment income recognised in statement				offinancial	activities	(145)	(395)
	Foreign exchange differences						(1,238)	808
	Depreciation and impairment oftangible			fixed assets			6,791	7,292
	Movements in working	capital:
	Decrease/(increase) in	debtors					148,079	(143,872)
	Increase in creditors						52,611	8,454
	Increase/(decrease) in	provisions					(17,682)	17,682
	Cash generated from/(absorbed		by) operations				125,164	(21,938)
24	Analysis ofchanges	in net funds
						At 1August 2020	Cash flows	At 31July 2021
						E		E
	Cash at bank and in hand					345,266	111,829	457,095
	Loans falling due within	one year				(7,831)	(571)	(8,402)
	Loans falling due after	more than one year				(16,745)	8,965	(7,780)
						320,690	120,223	440,913