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|||||Page|
|---|---|---|---|---|
|Company<br>Information|||||
|Report ofthe|Governors|(including|Strategic Report)|3|
|Report ofthe|Independent|Auditors||IS|
|Consolidated|Statement|ofFinancial|Activities|17|
|Balance Sheets||||IS|
|Consolidated|Statement|ofCash Flows||l9|
|Notes to the|Consolidated|Financial|Statements|20|





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## 

|Governors:||J R Greenhill,<br>MA, QC - Chairman|J R Greenhill,<br>MA, QC - Chairman|J R Greenhill,<br>MA, QC - Chairman||
|---|---|---|---|---|---|
|||S Foulser,<br>BA —Vice Chairman||||
|||N Bickford||||
|||S F Bowes (resigned 26 July||2021)||
|||BBroad||||
|||A W Browning<br>(appointed<br>S0 Conran||I August|202I)|
|||J A F Fortescue,<br>BA||||
|||M Laurence||||
|||C G Martin,<br>MA,|ACA|||
|||V M McDonaugh,|MA, DL (resigned||26 July 2021)|
|||M E McKeown,<br>BA, Msc||||
|||H M Pharaoh,<br>MBBS, DRCOG, MRCGP, DFSRH||||
|||L M V Soden, BA|(Hons), MA|||
|||RW Swallow||||
|||D M Trick||||
|Company|Secretary:|NJ Dodd||||
|Head:||M D Mortimer<br>MBA, BA||||
|REGISTERED OFFICE:||Bryanston<br>School||||
|||Blandford<br>Forum||||
|||DTI<br>I OPX||||
|REGISTERED COMPANY||||||
|NUMBER:||226I43 (England|and Wales)|||
|REGISTERED CHARITY||||||
|NUMBER:||306210||||





## 

## 

|AUDITORS:||Haysmacintyre|LLP|
|---|---|---|---|
|||10Queen Street Place||
|||London||
|||EC4R IAG||
|BANKERS:||HSBC Bank pic||
|||I7 Market Place||
|||Blandford<br>Forum||
|||DT I<br>I 7AG||
|SOLICITORS:||Steele Raymond||
|||Richmond<br>Point||
|||43 Richmond|Hill|
|||Bournemouth||
|||BH2 6LR||
|||Farrer and Co||
|||66 Lincoln's|Inn Fields|
|||London||
|||WC2A 3LH||
|INSURANCE|BROKERS:|A J Gallagher||
|||8 Albany<br>Park||
|||Cabot Lane||
|||Poole||
|||Dorset||
|||BH I7 7AZ||





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|nergy consumption<br>was as follows:||2021|2020|
|---|---|---|---|
|UK energy<br>use (I)<br>I&WA||7,498,658|7,598,075|
|Associated<br>Greenhouse<br>gas emissions<br>Tonnes C02 equivalent|(2)|1,435.24|1,521.76|
|Intensity<br>ratios<br>Emlssions<br>per pupil<br>(tC02e per pupil)<br>Emissions<br>per m"" (tCO2e per m')||2,17<br>0.03|2.21<br>0.03|



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|||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|2021|2020|
||||||Notes|||||
|Income from:||||||||||
|Charitable<br>activities||||||||||
|Fees receivable||||||20,699,532||20,699,532|20,522,355|
|Other income||||||1,007,010||1,007,010|971,138|
|Donations,<br>grants|and legacies|||||641,971|164,000|805,971|1,566,398|
|Trading activities||||||1,116,602||1,116,602|694,606|
|Investment||||||87,758|51,003|138,761|84,919|
|Total||||||23,552,873|215,003|23,767,876|23,839,416|
|Expenditure<br>on:||||||||||
|Charitable<br>activities:||||||||||
|School operating||costs||||22,060,469|25,179|22,085,648|22,735,279|
|Trading activities||||||992,069||992,069|940,418|
|Total||||||23,052,538|25,179|23,077,717|23,675,697|
|Net Income before investment||||||||||
|gains/ (losses)||||||500,335|189,824|690,159|163,719|
|Other recognised||gains/|||10|||||
|(losses):||||||||||
|Realised investment|||losses||||(43,157)|(43,157)|(79,845)|
|Unrealised<br>investment||||gains|||743,818|743,818|92,261|
|Net Income||||||500,335|890,485|1,390,820|176,135|
|Transfers<br>between||funds|||17/18|349,323|349,323|||
|Net movements||in funds||||849,658|541,162|1,390,820|176,135|
|Fund balances<br>as at||I September||||34,467,476|3,343,118|37,810,594|37,634,459|
|2020||||||||||
|Fund balances carried forward||||||||||
|as at 31 August|2021|||||35,317,134|3,884,280|39,201,414|37,810,594|





## 

## 

|||||||Consolidated|Consolidated|School|School|
|---|---|---|---|---|---|---|---|---|---|
||||||Notes|2021|2020|2021|2020|
|Fixed assets:||||||F|F|||
|Tangible assets|||||9|41,929,122|40,807,842|41,677,529|40,473,822|
|Investments|||||10|3,748,611|3,061,381|||
|||||||45,677,733|43,869,223|41,677,529|40,473,822|
|Current<br>assets:||||||||||
|Stocks|||||II|241,810|217,603|30,785|34,603|
|Debtors|||||12|670,492|520,495|875,829|1,047,051|
|Cash at bank||and|in hand|||4,273,066|2,690,602|4,273,066|2,690,602|
|||||||5,185,368|3,428,700|5,179,680|3,772,256|
|Creditors:<br>within<br>one|Amounts<br> year|||falling due|13|~IO,D65,238|~7,729,865|~9,751,936|~7,636,120|
|Net Current||Liabilities:||||(4,879,870)|(4,301,165)|(4,572,256)|(3,863,864)|
|Total assets||less current||||||||
|liabilities:||||||40,797,863|39,568,058|37,105,273|36,609,958|
|Creditors:<br>one year|Due||after more than||15|~1,596,449|~1,757,464|~1,596,449|~1,757,464|
|||||||39,201,414|37,810,594|35,508,824|34,852,494|
|Funds:||||||||||
|Restricted|funds||||17|3,884,280|3,343,118|366,764|435,559|
|Unrestricted||funds||||||||
|- General|funds||||18|33,955,757|33,304,306|33,955,757|33,304,306|
|- Designated||funds|||18|1,361,377|1,163,170|1,186,303|1,112,629|
|||||||39,201,414|37,810,594|35,508,824|34,852,494|



## 



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## 

|||||||2021|2020|
|---|---|---|---|---|---|---|---|
||||||Notes|||
|Net cash provided/||(used)||by||||
|operating|activities||||22|4,232,565|2,663,236|
|Cash used|in investing||activities||23|2,918,302|471,947|
|Increase/(decrease)||in|cash and cash|||||
|equivalents|in the year|||||1,314,263|2,191,289|
|Cash and|cash equivalents|||at||||
|I September<br>2020||||||2,872,361|681,072|
|Cash and|cash equivalents|||at||||
|31 August|202 I||||24|4,186,624|2,872,36 I|



||||I September|Cashflows|31 August|
|---|---|---|---|---|---|
||||2020||2021|
|Cash|||2,690,602|1,582,464|4,273,066|
|Cash equivalents<br>Overdraft,<br>repayable||on demand|199,662<br>~17,903|(119,512)<br>148,689|80,150<br>~166.692|
|Total|||2,872,361|1,314,263|4,186,624|





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|COME||||||
|---|---|---|---|---|---|
|||||2021|2020|
|Fees receivable|consist of:||||F|
|Gross fees||||24,007,414|23,652,961|
|Less: Total bursaries,||grants|and allowances|3,307,882|~3, 130,606|
|||||20,699,532|20,522,355|



## 


|,<br> <br><br>its annual<br>profit<br>re:|is paid to the School under<br>gift aid,<br>Its trading|results, extracted<br>from its audi|ted<br>accounts|
|---|---|---|---|
|||2021|2020|
|Turnover<br>Cost of sales||1,138,864<br>~494,670|718,146<br>~539,385|
|Gross profit<br>Administrative<br>expenses||644,194<br>~386,970|178,761<br>~413,032|
|Operating<br>profit<br>Interest<br>payable|and similar charges|257,224<br>~10,262|(234,271)<br>~11,540|
|Net profit||246,962|(245,811)|
|Net gift aid payments||(122,429)||
|Retained<br>profit||124,533|245,811|
|Extract from Balance Sheet as at 31 August 2021:||||
|Fixed assets<br>Net current<br>liabilities||251,593<br>~76,517|334,020<br>~283,477|
|Net assets||175,076|50,543|
|INVESTMENT|INCOME|||
|||2021|2020|
||||E|
|Rent receivable||87,445|21,775|
|Bank deposit interest||313|7,564|
|Investment<br>income||51,003|55,580|
|||138,761|84,919|





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## 

|OTHER INCOME||||||
|---|---|---|---|---|---|
|||||2021|2020|
||||||f|
|Summer courses||||72,294|3,898|
|Registration<br>and other fees||||85,813|151,146|
|Day pupils accommodated||||158,462|114,200|
|Miscellaneous<br>income||||73,690|34,371|
|Special tuition||||417,956|500,143|
|Equestrian<br>income||||198,795|167,380|
|||||1,007,010|971,138|
|STAFF COSTS||||||
|||||2021|2020|
|Wages and salaries||||12,117,451|12,353,906|
|Social security costs||||1,082,911|1,105,982|
|Other pension costs||||1,501,195|1,554,007|
|||||14,701,557|15,013,895|
|The average number of employees||during the year was as follows:||||
|||||2021|2020|
|||||No.|No,|
|||||535|560|
|Calculated<br>on a full-time|equivalent||basis:|||
|Teaching staff||||128|128|
|Other employees||||242|252|
|||||370|380|
|||||2021|2020|
||||||F|
|Governors'<br>expenses||||529|7,543|
|Numbers<br>ofgovernors|receiving|expenses|||14|



|e number ofemployee|s<br>whose||emoluments|ex|ceeded f60,000 was|:||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|L'60,001 - If70,000||||||17|19|
|F70,001 - 680,000||||||3|I|
|F80,001 - 690,000||||||2|I|
|f90,001 - 6100,000|||||||2|
|6130,001 - 6140,000|||||||I|
|f180,001 - F190,000||||||||
|The number<br>with retirement||benefits accruing|||in;|||
|- Money Purchase|schemes||were|||4|5|
|for which the contributions|||amounted|to||634,672|F30,689|
|- Defined<br>benefit|schemes|were||||20|19|





## 

## 

|7.|EXPENDITURE<br>Expenditure<br>includes:||||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||Auditor's<br>remuneration|—for audit services|||26,770|24,940|
||—for non-audit||services||4,210|13,412|
||Depreciation<br>Profit on disposal of tangible<br>Operating<br>lease rentals|fixed assets<br>—Land and Buildings|||1,839,904<br>10,203<br>30,900|1,833,334<br>2,696<br>30,900|
|8.|ANALYSIS OF EXPENDITURE||||||
||||Staff costs|Support|Depreciation|Total|
|||||costs|& Profit on||
||||||Disposal||
||Charitable<br>activities||||||
||School operating<br>activities:<br>Teaching costs<br>Welfare||9,452,365<br>3,203,441|1,389,314<br>1,437,875|329,609<br>51,070|11,171,288<br>4,692,386|
||Premises||795,206|2,065,778|1,330,032|4,191,016|
||Management<br>and administration<br>Governance||1,038,174|957,506<br>19,770|15,508|2,011,188<br>19,770|
||||14,489,186|5,870,243|1,726,219|22,085,648|
||Trading activities:||||||
||Trading costs ofthe subsidiary||212,371|676,216|103,482|992,069|
||Total for group||14,701,557|6,546,459|1,829,701|23,077,717|



|Analysis ofexpenditure|Analysis ofexpenditure|Analysis ofexpenditure|—previous|year|||||
|---|---|---|---|---|---|---|---|---|
||||||Staff costs|Support|Depreciation|Total|
|||||||costs|& Profit on||
||||||||Disposal||
|Charitable|activities||||||||
|School operating||activities:|||||||
|Teaching|costs||||9,723,954|1,596,278|417,353|11,737,585|
|Welfare|||||3,079,510|1,545,340|45,928|4,670,778|
|Premises|||||1,056,968|1,905,834|1,212,962|4,175,764|
|Management<br>and administration|||||971,524|1,143,842|18,686|2,134,052|
|Governance||||||17,100||17,100|
||||||14,831,956|6,208,394|1,694,929|22,735,279|
|Trading activities:|||||||||
|Trading|costs ofthe subsidiary||||181,939|622,770|135,709|940,418|
|Total for|group||||15,013,895|6,831,164|1,830,638|23,675,697|





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## 

|TANGIBLE FIXEDASSETS<br>|||||
|---|---|---|---|---|
|Consolidated|||Plant,||
||Freehold|furniture|||
||land and|and other|||
||~bnildin|e|ui<br>ment|Totals|
|COST:|||||
|At<br>I September 2020|52,090,443||7,189,865|59,280,308|
|Additions|2,668,792||294,048|2,962,840|
|Disposals|||39,872|39,872|
|At 31 August 2021|54,759,235||7,444,041|62,203,276|
|DEPRECIATION:|||||
|At<br>I September<br>2020|12,549,641||5,922,825|18,472,466|
|Charge for year|1,262,199||577,705|1,839,904|
|Eliminated<br>on disposals|||38,216|38,216|
|At 31 August 2021|13,811,840||6,462,3 I4|20,274,154|
|NET BOOK VALUE;|||||
|At 31 August 2021|40,947,395||981,727|41,929,122|
|At 31 August 2020|39,540,803||1,267,040|40,807,842|
|School|||Plant,||
||Freehold|furniture|||
||land and|and other|||
||~bnildin|e|ui ment|Totals|
|COST:|||||
|At<br>I September<br>2020|52,090,443||6,414,815|58,505,258|
|Additions|2,668,792||272,055|2,940,847|
|Disposals|||39,872|39,872|
|At 31 August 2021|54,759,235||6,646,998|61,406,233|
|DEPRECI ATION:|||||
|At<br>I September<br>2020|12,549,641||5,481,795|18,031,436|
|Charge for year|1,262,199||473,285|1,735,484|
|Eliminated<br>on disposals|||38,216|38,216|
|At 31 August 2021|13,811,840||5,916,864|19,728,704|
|NET BOOK VALUE:|||||
|At 31 August 2021|40,947,395||730,134|41,677,529|
|At 31 August 2020|39,540,802||933,020|40,473,822|





## 

## 

|||||||Consolidated|Consolidated||||||||School|School|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||2021|||2020|||2021|||||||2020|||
|Balance at<br>I September<br>2020|||||2,861,719|||2,977,562|||||||||||||
|Additions||||||651,818|||851,537||||||||||||
|Disposals|||||(545,737)|||(979,796)|||||||||||||
|Realised<br>profit/(loss)||on disposal||||(43,157)|||(79,845)||||||||||||
|Revaluations||||||743,818|||92,261||||||||||||
|Quoted<br>investments||and fixed|||3,668,461|||2,861,719|||||||||||||
|interest stock|||||||||||||||||||||
|(historic cost|62,303,049)||||||||||||||||||||
|Cash deposits||||||80,150|||199,662||||||||||||
|Balance at 31|August|2021|||3,748,611|||3,061,381|||||||||||||
|The School controls||two other||entities other||than its trading|subsidiary.||||||||||||||
|I0 Education|Services Limited,|||which was|dormant<br>throughout||||the year.||||||||||||
|The Bryanston<br>for the<br>pupils<br>summary<br>of its|Foundation<br>is a charity<br>registered<br>in England<br>and Wales and <br>of the School.<br>The aggregate<br>amount<br>of assets,<br>liabilities<br> income and expenditure<br>is shown<br>in note 17. The Bryanston|||||||||its objects are to provide<br>support<br>and<br>funds<br>are shown<br>below<br>and<br>Foundation<br>has been consolidated||||||||||a|
|on the grounds|that|its net|assets are material|||to the group.|||||||||||||||
|Extract from|Balance Sheet as|||at 31 August|2021:||||||2021|||||||2020|||
|Fixed assets|||||||||||3,668,461|||||||2,861,719|||
|Net current<br>assets/||(liabilities)||||||||||150,945|||||||45,840||
|Net funds|||||||||||3,5||I|7,5|I6|||2,907,559|||
|STOCKS|||||||||||||||||||||
|||||||Consolidated||||||||||School|||||
|||||||2021|||2020|||2021|||||||2020||
|Maintenance,|domestic<br>and catering stock|||||45,425|||45,423|||||30,785|||||34,603||
|Stock ofgoods for||resale||||196,385|||172,180||||||||||||
|||||||241,810|||217,603|||||30,785|||||34,603||
|DEBTORS:AMOUNTS|||FALLING DUE WITHIN ONE|||||YEAR|||||||||||||
|||||||Consolidated||||||||||School|||||
|||||||2021|||2020|||2021|||||||2020||
||||||||||F||||||||||||
|Trade debtors||||||428,464|||172,604||||261,374||||||171,994||
|Other debtors||||||51,686|||97,280|||||51,686|||||97,282||
|Prepayments||||||190,342|||250,611|||||190,342|||||246,946||
|Amount<br>due from||subsidiaries|||||||||||369,427||||||530,829||
|||||||670,492|||520,495||||875,829|||||1,047,051|||




## 



## 

## 

|REDITO|RS: AMOUNTS<br>FALLING|DUE WITHIN ONE YEAR|DUE WITHIN ONE YEAR|||
|---|---|---|---|---|---|
|||Consolidated||School||
|||2021|2020|2021|2020|
||||f||f|
|Trade creditors||4,287,066|3,047,232|4,267,305|3,027,042|
|Bank loans and overdrafts||166,592|17,903|||
|Other creditors||210,622|128,229|162,254|98,446|
|Fees received<br>in advance||3,316,612|2,606,90 I|3,316,612|2,606,901|
|Taxation|and social security|350,782|268,910|283,613|259,399|
|Accrued|expenses|343,922|410,701|332,510|394,343|
|Advance|fees scheme (see note 14)|1,389,642|1,249,989|1,389,642|1,249,989|
|||10,065,238|7,729,865|9,751,936|7,636,120|



## 

|s will be|applied<br>a|s follo|ws:||||
|---|---|---|---|---|---|---|
||||||2021|2020|
|After 5 years|||||48,026|48,026|
|Within<br>2 to 5 years|||||734,434|964,840|
|Within|I to 2 years||||813,989|744,598|
||||||1,596,449|1,757,464|
|Within|I year||||1,389,642|1,249,989|
||||||2,986,091|3,007,453|
|Balance|at<br>I September||2020||3,007,453|2,559,826|
|New contracts<br>Repayments|||||1,316,674|1,966,464<br>~56,469|
||||||4,324,127|4,469,821|
|Amounts|utilised|in payment||offees;|||
|To the|School||||1,344,709|1,477,154|
||||||2,979,4 I8|2,992,667|
|Discount accrued|||||6,673|14,786|
|Balance|at 31 August 2021||||2,986,091|3,007,453|



|||||||Consolidated||School||
|---|---|---|---|---|---|---|---|---|---|
|||||||2021|2020|2021|2020|
|||||||f||||
|Advance|fees|scheme|(see|note|14)|1,596,449|1,757,464|1,596,449|1,757,464|
|||||||1,596,449|1,757,464|1,596,449|1,757,464|





## 

## 

## 

|The total future|minimum|minimum|lease payments|due on|leases expiring:|leases expiring:|leases expiring:||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Consolidated<br>0 eratin<br>leases||||0|School<br> eratin<br>leases|||
||||||2021|||2020|2021||2020||
|Less than one year||||||||18,025|||18,025||
|Between two|and|five|years||||||||||
|||||||||18,025|||18,023||
|RESTRICTED|FUNDS||||||||||||
|Analysis<br>of movement||in|restricted<br>funds||||||||||
||||Balance at||||||||||
||||I|||||Gains &|||Balance at||
||||September<br>2020|Income||Expenditure||Losses|Transfers||31|August<br>2021|
|||||||||||||E|
|Bursaries<br>Teddy Potter<br>Fund<br>Business Conference|||73,633<br>167,166<br>76,727|||||||(73,633)<br>4,838||172,004<br>76,727|
|Pupil Bursary<br>ENEV|||100,003|||||||||100,003|
|Live(IBry<br>Capital assets|||18,030|164,000|||||~I64,000|||18,030|
|Bryanston<br>School|||435,559|164,000|||||(232,795)|||366,764|
|Bryanston<br>Foundation|||2,907,559|51,003||(25,179)||700,661|(116,528)||3,517,516||
||||3,343,118|216003||~25, 179||700,661|~349,323||3,884280||



## 



## 

## 

## 

|Analysis ofmovement|Analysis ofmovement|in|restricted|funds —previous|year||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||Balance at|||||||Balance at|
||||I September||||Gains &|||31 August|
||||2019<br>Income|||Expenditure|Losses|Transfers||2020|
||||||||E.||||
|Bursaries||||216,549||||(142,916)||73,633|
|Teddy Potter Fund||||161,403|5,763|||||167,165|
|Business Conference||||76,727||||||76,727|
|Pupil Bursary||||29,242||||(29,242)|||
|ENEV||||100,003||||||100,003|
|Live@Bry||||13,005|5,025|||||18,030|
|Capital assets||||954|300||||1,254||
|Bryanston|School|||597,883|11,088|||(173,412)||435,559|
|Bryanston<br>Foundation|||2,973,172||55,580|(22,496)|12,416|(I|I I, I<br>I3)|2,907,559|
||||3,571,055||66,668|22,496|12,416|284,525||3,343,118|



## 

||Fixed assets|Net current|||
|---|---|---|---|---|
||and|assets/|Long term||
||investments|(liabilities)|liabilities|Total|
|Unrestricted|41,929,122|(5,014,739)|(1,596,449)|35,317,134|
|Restricted|3,748,611|134,869||3,884,280|
||45,677,733|||39,201,414|



||Fixed assets|Net current|||
|---|---|---|---|---|
||and|assets/|Long term||
||investments|(liabilities)|liabilities|Total|
|Unrestricted|40,807,842|(4,582,902)|(1,757,464)|34,467,476|
|Restricted|3,061,381|281,737||3,343,118|
||43,869,223|4,301,165|1,757,464|37,810,594|





## 

## 

|Analysis<br>of movemen|ts<br>in unrestricted|Funds||||||
|---|---|---|---|---|---|---|---|
||Balance at<br>I||||||Balance at|
||September<br>2020|Income|Expenditure|Gains &<br>losses||Transfers|31 August<br>2021|
|Income account|33,304,306|22,312,654|22,054,688|||393,485|33,955,757|
|Desi nated funds:<br>Bryanston<br>Fund<br>Bursary Endowment|956,609<br>463|86,327|(1,528)|||(21,437)<br>(463)|1,019,971|
|Operational<br>Endowment|102,120||||||102,120|
|Other minor funds|13,341|500|||||13,841|
|HM Discretionary<br>fund|40,096|14,528|(4,253)||||50,371|
|Trading<br>company|50,541|1,138,864|(992,069)|||(22,262)|175,074|
|assets||||||||
||1,163,170|1,240,219|~997,850|||~44, 162|1,361,377|
||34467476|23,552873|~23,052538||.|349323|35317,134|



|Analysis ofmovement|in unrestricted<br>funds|—previous<br>year||||||
|---|---|---|---|---|---|---|---|
||Balance at<br>I||||||Balance at|
||September|||Gains|&||31 August|
||2019|Income|Expenditure|losses||Transfers|2020|
||E||f.||||E|
|Income account|32,810,736|22,877,418|22,689,980|||306,132|33,304,306|
|Desi nated funds:||||||||
|Bryanston<br>Fund<br>Bursary Endowment|789,029<br>275|185,923<br>188|(3,222)|||(15,121)|956,609<br>463|
|Operational<br>Endowment|124,983||(16,377)|||(6,486)|102,120|
|Other minor funds|12,341|1,000|||||13,341|
|HM Discretionary||||||||
|fund|29,687|I3,6 I 3|(3,204)||||40,096|
|Trading<br>company<br>assets|296,353|694,606|(940,418)||||50,541|
||1,252,668|895,330|~963,221|||~21,607|1,163,170|
||34,063,404|23,772,748|~23,653,201||-|284,525|34,467,476|





## 

## 



## 

## 

## 

## 

|2.|RECONCILIATION<br>OF NET <br>ACTIVITIES|IN|COME|TO|NET CASH PRO|VIDED BYOPERAT|ING|
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
||Net income|||||1,390,820|176,135|
||Depreciation<br>charges<br>Profit on disposal of tangible<br>fixed assets<br>Gains on investments|||||1,839,904<br>(10,203)<br>(700,661)|1,833,334<br>(2,696)<br>(12,416)|
||Investment<br>income|||||(138,761)|(84,919)|
||(Increase)/decrease<br>in stocks<br>(Increase)/decrease<br>in debtors|||||(24,207)<br>(149,997)|46,293<br>477,204|
||Increase/(decrease)in<br>creditors<br>due within<br>(Decrease)/increase<br>in creditors<br>due after|||one year<br> more than one year||2,186,685<br>~161,016|(258,427)<br>488,728|
||Net cash provided/<br>(used)|by|operating||activities|4,232,565|2,663,236|
|23.|ANALYSIS OF CASH FLOWS|||||||
|||||||2021|2020|
|||||||F||
||Cash flows from Investing<br>activities<br>Interest<br>and rents from investing<br>activities|||||138,761|84,919|
||Purchase of tangible<br>fixed assets<br>Sale of tangible<br>fixed assets|||||(2,962,840)<br>11,858|(696,085)<br>10,960|
||Purchase of investments|||||(651,818)|(851,537)|
||Sale of investments|||||545,737|979,796|
||Net cash used in investing|activities||||2,918,302|471,947|
|24.|ANALYSIS OF CASH AND CASH EQUIVALENTS|||||||
|||||||2021|2020|
||Cash at bank and<br>in hand|||||4,273,066|2,690,602|
||Bank overdraft|||||(166,592)|(17,903)|
||Investment<br>bank accounts|||||80,150|199,662|
||Total and cash equivalents|||||4,186,624|2,872,361|



## 



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## 

|27.<br>PRIOR Y|EAR COMPAR|ATIVES BYFUND||||
|---|---|---|---|---|---|
||||||Total|
||||Unrestricted|Restricted|2020|
|Income from:||||||
|Charitable<br>activities<br>Fees receivable<br>Other income|||20,522,355<br>971,138||20,522,355<br>971,138|
|Donations,<br>grants<br>and legacies|||1,555,310|11,088|1,566,398|
|Trading activities|||694,606||694,606|
|Investment|||29,339|55,580|84,919|
||||23,772,748|66,668|23,839,416|
|Expenditure<br>on:||||||
|Charitable<br>activities:||||||
|School operating|costs||22,712,783|22,496|22,735,279|
|Trading<br>activities|||940,418||940,418|
||||23,653,201|22,496|23,675,697|
|Net Income before investment||gains/ (losses)|119,547|44,172|163,719|
|Other recognised<br>gains/ (losses):<br>Realised investment<br>gains<br>Unrealised<br>investment<br>gains||||(79,845)<br>92,261|(79,845)<br>92,261|
|Net Income|||119,547|56,588|176,135|
|Transfers<br>between|funds||284,525|284,525||
|Net movements|in funds||404,072|(227,937)|176,135|
|Fund balances<br>as at|I September 2019||34,063,404|3,571,055|37,634,459|
|Fund balances carried forward||||||
|as at 31 August 2020|||34,467,476|3,343,118|37,810,594|