2020-07-31-accounts - Dumpton School

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1 - 10	Report ofthe Governing	Report ofthe Governing	Body
11 - 13	Independent Auditors'	Report
14	Statement ofFinancial		Activities
	Income and Expenditure		Account
16	Balance Sheet
17	Cash Flow Statement
18-26	Notes to the Financial	Statements

	H D Cocke	H D Cocke	(Chair)
	BDavies		(Vice-Chair)
	C JCulley		(Chair ofF&GP)
	Dr R Skule
	M RTimberlake					Resigned			31"July 2020
	E M Barkham		(Chair ofESC)
	N L Hunter
	C Jarrold
	S West
	A Van	Wensveen				Appointed			20a	February 2020
	JOffer					Appointed			9a January 2020
		Member of	the Finance and General			Purposes		Committee		(F&GP)
		Member ofthe Communications		Committee				(CC)
		Member of	the Education and Safeguarding				Committee (ESC)
Head			C Saenger BA QTS
Bursar			J Perry —(RMartin		Retired		31/08/20)
Finance	Administrator		SFairlield
Bankers			General Purpose
			Lloyds Bank pic
			Ferndown Branch
			PO Box 1000
			BX1 1LT
Savings	Accounts		National Westminster			Bank				Barclays Bank PLC
			Wimborne Branch							Wimborne	Branch
			7 West Borough							Registered	Address
			Wimborne							1 Churchill	Place
			Dorset							London
			BH21 1PR							E145HP
			Teachers Building		Society
			Allenview House
			Hanham Road
			Wimborne
			Dorset BH21 1AG

Auditors		Fletcher &Partners
		Chartered Accountants
		Crown Chambers
		Bridge Street
		Salisbury
		Wiltshire
		SPI 2LZ
Insurance	Brokers	Hayes Parsons Broker Insurance	Marsh Ltd
		Colston Tower	Capital House
		Colston Street	1-5Perrymount		Road
		Bristol	Haywards	Heath
		BSI 4XE	West Sussex
			POI IDU
Solicitors		Wilsons Solicitors LLP
		Alexandra House
		StJohns Street
		Salisbury
		Wiltshire
		SPI 2SB

		FOR THE	YEAR ENDED 31JULY 2020	YEAR ENDED 31JULY 2020	YEAR ENDED 31JULY 2020
					Total	Total
				Note	2020	2019
INCOME FROM:
Coronavirus Job Retention	Scheme Grants		and Donation	3b	161,057
Charitable activity - operation ofthe school
Pupils fees					3,720,535	3,760, 154
Less: Covid-19 summer term discount					(374,400)
Pupils extras and	disbursements		recovered		42,778	31,605
Early Years Funding					59,202	72,512
School bus service					51,404	76,529
Holiday Activities					133	8,140
Investmeat				3a	3,027	11,232
Other					13,399	1,450
TOTAL INCOME					3,677,135	3,961,622
EXPENDITURE ON:
Charitable activities
Costs ofoperation	ofthe School				3,742,648	3.684,652
TOTAL EXPENDITURE					3,742,648	3,684,652
NET INCOME/(EXPENDITURE) FOR THE YEAR					(65,513)	776,970
FUND BALANCES AT	1 AUGUST 2019			12a	7,120,224	6,843,254
FUND BALANCES AT 31		JULY 2020		12a	7,054,711	7,120,224

			Notes		2020		2019
					f
TURNOVER
Pupils fees					3,720,535		3,760,154
Less: Covid-19 summer	term discount				(374,400)
Early Years Funding					59,202		72,512
Pupils extras and disbursements		recovered			42,778		31,605
					3,448,115		3,864,271
OTHER OPERATING	INCOME
School bus income					51,404		76,529
Interest receivable			3a		3,027		11,232
Coronavirus Icb Retention	Scheme	Grants	3b		161,057
Miscellaneous income					13,532		9,590
					3,677,135		3,961,622
EXPENDITURE
Consumables				185,809		266,217
Disbursements on behalf ofpupils				7,716		9,179
Other external charges				581,815		619,445
Staff costs:—
Salaries and wages				2,104,618		7,107,040
Social security costs				186,820		181,936
Other pension	costs		14b	326,355		240,254
				2,617,793		2,529,230
Depreciation and other amounts
written offtangible lyxed assets				259,551		193,885
Other operating charges				89,964		66,696
					3,742,648		3,684,652
GKNERALFUND
(DEFICIT)/SURPLUS			12a		~f.65 513		%276,970

		FOR	THE YEAR ENDED 31JULY 202	THE YEAR ENDED 31JULY 202	THE YEAR ENDED 31JULY 202	THE YEAR ENDED 31JULY 202
			Company	Registration	Number;	936623
			N42Ss			2020		2019
FIXEDASSETS
Tangible Assets						6,416,928		6,509,514
CURRENT ASSETS
Debtors			8	136,090			115,028
Cash at bank and		in hand		~945 339			1,144,258
				1,081,429			1,259,286
CREDITORS: Amounts	falling due
within one year			9	~273 635)			430301
NET CURRENT ASSETS						007 794		828,985
TOTAL ASSETSLESS	CURRENT
LIABILITIES						7,224,722		7,338,499
CREDITORS: Amounts	falling due
after more than one year			10			~170,011)		~218,275)
TOTAL NET ASSETS			12a			7 054,711		7 120 224
TOTAL GENERAL FUNDS			12a			7,054 711		7,120,224

		Note		2020	2020	2019
NET CASH (OUTFLOW)/ INFLOW
FROM OPERATING ACTIVITIES		A			(34,982)	693,390
RETURNS ON INVESTMENTS AND SERVICING
OF FINANCE
Investment income received				3,027	11,232
Proceeds ofsale ofproperty, plant and equipment				17,680	4,400
Purchase ofproperty, plant	and equipment		(184,645)		( 1.,858,452)
					(163,938)	(1,842,820)
(DECREASE) IN CASH		B,C			(I198,920)	(81,149,430)
NOTES TO THE CASH	FLOW STATEMENT
A. Reconciliation of net income/(expenditure)			to net cash		inflow from operating	activities
Net (expenditure)/ income	for the reporting	period			(65,513)	276,970
Depreciation					274,657	194,934
interest from investments					(3,027)	(11,232)
Loss/(profit) on sale offixed assets					(15,107)	(1,049)
Decrease / (Increase) in debtors					(21,062)	(18,699)
(Decrease) / Increase in creditors					(204,930)	252,466
Net cash (outflow)/ inflow	from operating	activities			@34,982)	f693,390
B. Reconciliation of net	cash outflow to movements			in net	funds
Net funds at 31July 2019					1,144,259	2,293,689
Net cash(outflow)/ inflow					(198,920)	(1,149,430)
Net funds at 31 July 2020					f945,339	%1,144,259
C. Analysis ofchanges	in net funds
			01.08.19		Cash flow	31.07.20
Cash at bank and in hand			1,144,259		(198,920)	945,339
			81,144,259		(8198,920)	8945,339

Assets under construction	Assets under construction	Not depreciated	until assets are brought	until assets are brought	into	use.
Land and original buildings:		No depreciation.
School buildings:		At various rates	from 2'/o to 10'/o per annum			on historical cost.
Astroturf sport pitch:
Base, groundworks	and related costs	4/0 per annum	on costs.
Synthetic surface		14.29'/0 per annum on costs.
Fencing and equipment		10'/o per annum	on costs.
Other sports buildings	and facilities:	At various rates	averaging	8'/0 per annum	on	costs.
Furniture and Fittings:		20'/0 per annum	on written	down value.
Computers:		50/0 per annum	on cost
Plant and machinery:		20'/o per annum	on written	down value.
Motor vehicles:		25/0 per annum	on written	down value.

							2020	2019
2	SCHOOL FEES
	The Company's fee income	comprised:
	Prep School						3,164,816	3,132,527
	Pre-prep						511,723	560,474
	Nursery						41,496	64,703
	Registration fees						2,500	2,450
							3,720,535	3,760,154
	Less Covid-19 summer	term	discount				(374,400)
							3,346,135	3,760, 154
3a.	UK INVESTMENT INCOME
	Bank interest						3,027	11,232
3b.	GRANTS AND DONATIONS
	Government Grants: Coronavirus Job Retention				Scheme		160,557
	Donations						500
							161,057
4.	EXPENDITURE
	Charitable activity expenditure		includes:
	Depreciation oftangible	fixed assets					274,657	194,934
	Profit/(loss) on disposal	offixed assets					15,108	1,049
	Auditors remuneration:
	Audit fees						l.1,070	10,590
	Other services						4,108	9,103
	Operating lease rentals						7,507	7,507
	The Company has professional		indemnity	insurance		for the Governors	which costf324 for the y'ear
	(2019 —f324).
	Total staff costs comprised;
	Salaries						2,104,618	2,107,040
	Social Security Costs						186,820	181,936
	Pension Costs						326,355	240,254
							2,617,793	2,529,230

ANALYSIS OF TOTAL RESOURCES EXPENDED	ANALYSIS OF TOTAL RESOURCES EXPENDED	ANALYSIS OF TOTAL RESOURCES EXPENDED	ANALYSIS OF TOTAL RESOURCES EXPENDED
		Staff	Other		2020	2019
		Costs	Costs	Depreciation	Total	Total
Charitable activity —operation ofthe school
Direct costs:
Teaching and welfare		2,296,100	227,967	83,960	2,608,027	2,634,754
Premises and facilities		89,027	386,846	190,697	666,570	621,267
Advertising, marketing	and	13,694	30,460		44,154	46,183
publicity
Total		2,398,821	645,273	274,657	3,318,751	3,302,204
Support costs;
Support costs ofschooling		208,319	182,544		390,863	348,755
Governance costs		10,653	22,381		33,034	33,693
Total		218,972	704,925		423,897	382,448
Total resources expended		2,617,793	850,198	274,657	3,742,648	3,684,652

Staff costs	Staff costs		10,653	12,252
Auditors'	remuneration:	for audit (inclusive ofvat)	11,070	10,590
		for other services	1,920	1,890
Legal and	professional	fees	9,391	8.961
			33,034	33,693

7.FIXEDASSETS
	Freehold
	Land &		Furniture		&	Plant &	Motor	Computers	2020
	Buildings		Equipment			Machinery	Vehicles	& Software	TOTAL
COST OR VALUATION
As at 1 August 2019	7,513,479			781,653		635,355	295,608	96,304	9,322,399
Additions		121,222				30,699	32,724		184,645
Disposals			(256,427)			(24,848)		(96,304)	(377,579)
As at 31 July 2020	7,634,701			525,226		641,206	328,332		9,129,465
DEPRECIATION
As at I August 2019	1,485,555			590,551		425,302	215,172	96,304	2,812,885
Charge for the year		145,960		55,659		44,737	28,301		274,657
Written back on			(256,427)			(22,274)	-	(96,304)	(375,005)
disposal
As at 31July 2020	1,631,515			389,783		447,765	243,473		2,712,537
NET BOOK VALUE
As at I August 2019	6,027,924			191,103		210,053	80,434		6,509,514
As at 31July 2020	6,003,185			135,443		193,441	84,859		6,416,928
Freehold land and buildings		at Deans Grove were revalued atfl.I million on						22 March 1997	by FPD
Savills on the basis ofopen		market value.		Since	then	extensive	redevelopment	ofthe campus	has taken
place.
							2020		2019
8.DEBTORS
Parents for fees and extras							49,239		-'18,623
Prepayments							66,901		63,012
Accrued income							2,845		3,393
Other Debtors							17,105
							136,090		115,028
9.CREDITORS: AMOUNTS FALLING				DUE WITHIN ONE			YEAR
Pupils' fees received	in advance						69,792		148,325
Deposits from parents							13,000		14,500
Trade creditors							50,466		69,495
Taxation and Social Security							57,676		52,580
Other creditors							11,654		7,022
Accruals							71,047		138,379
							273,635		430,301

	NOTES TO THE FINANCIAL	NOTES TO THE FINANCIAL	STATEMENTS AS	STATEMENTS AS	AT 31	JULY 2020
						2020	2019
10.	CREDITORS: AMOUNTS FALLING		DUE AFTER
	MORE THAN ONE YEAR
	Deferred income - fees received in advance					67,260	101,275
	Deposits from parents					102,751	117,000
						170,011	218,275
11.	DEFERRED INCOME
	Pupils fees received in advance are scheduled			to be applied as follows:
	Amounts falling due within one year					69,792	148,325
	Amounts falling due after one year within		5 years			67,260	101,275
	Total liability due at 31st July 2020					I.37,052	249,600
	Movement on advance on fees
	Fees in advance brought forward at I	August		2019		249,600	148,378
	Amounts received for fees in advance	in year				70,596	167,921
	Amounts used in year against fees					(183,144)	(66,699)
	Fees in advance carried forward at 31	July 2020				137,052	249,600
12.	ANALYSIS OF NET ASSETS					General	General
						Funds	Funds
	Tangible fixed assets				6,4 1.6,928		6,509,514
	Net current assets					807,794	828,985
	Long term liabilities					(170,011)	(218,275)
					7,054,711		7,120,224
12(a)	FUND MOVEMENT IN THE YEAR
	At I August 2019				7,120,224		6,843,254
	(Deficit)/Surplus on ordinary activities	for the		year		(65,513)	276,970
	At 31July 2020				7,054,711		7,120,224
13.	GUARANTORS' LIABILITY

in respect	ofe	quipment, was as follows:
			2020	2019
				f
Amounts	due	within one year	7,135	5,318
Amounts	due	between two and five years	20,098	4,704
			27 233	10027