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|Page|1 - 10|Report ofthe Governing|Report ofthe Governing|Body|
|---|---|---|---|---|
||11 - 14|Independent
Auditors'|Report||
||15|Statement ofFinancial||Activities|
||16|Income and Expenditure||Account|
|||Balance Sheet|||
||18|Cash Flow Statement|||
||19-28|Notes to the Financial|Statements||
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||H D Cocke|H D Cocke|(Chair)|||||||
|---|---|---|---|---|---|---|---|---|---|
||BDavies||(Vice-Chair)|||||||
||CJCulley||(Chair ofF&GP)|||||||
||Dr R Skule|||||||||
||EM Barkham||(Chair ofESC)|||||||
||N LHunter|||||||||
||C Jarrold|||||||||
||SWest|||||||||
||A Van|Wensveen||||||||
||JOffer|||||||||
|||Member ofthe Finance and General|||Purposes||Committee (F&GP)|||
|||Member ofthe Communications||Committee|||(CC)|||
|||Member ofthe Education
and Safeguarding||||Committee||(ESC)||
|Head|||C Saenger BAQTS|||||||
|Bursar|||JPerry|||||||
|Bankers|||General Purpose|||||||
||||Lloyds Bank pic|||||||
||||Ferndown
Branch|||||||
||||PO Box 1000|||||||
||||BXI 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||||
|||SP1 2LZ||||
|Insurance|Brokers|Hayes Parsons Broker Insurance|Marsh Ltd|||
|||Colston Tower|Capital House|||
|||Colston Street|1-5Perrymount||Road|
|||Bristol|Haywards|Heath||
|||BS14XE|West Sussex|||
||||POI 1DU|||
|Solicitors||Wilsons Solicitors LLP||||
|||Alexandra
House||||
|||StJohns Street||||
|||Salisbury||||
|||Wiltshire||||
|||Spl 2SB||||
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|||FOR|THE|YEAR ENDED 31JULY 2021|YEAR ENDED 31JULY 2021|YEAR ENDED 31JULY 2021||
|---|---|---|---|---|---|---|---|
|||||||Total|Total|
||||||Note|2021|2~2|
|INCOME FROM:||||||||
|Coronavirus
Joh Retention|Scheme Grants|||and Donation|3b|56,262|161,057|
|Charitable
activity - operation ofthe school||||||||
|Pupils fees|||||2|3,534,057|3,720,535|
|Less: Covid-19 discount||||||(128,577)|(374,400)|
|Pupils extras and|disbursements|||recovered||42,286|42,778|
|Early Years Funding||||||68,832|59,202|
|School bus service||||||48,993|51,404|
|Holiday Activities||||||44,287|133|
|Investment|||||3a|1,318|3,027|
|Other||||||4,700|13,399|
|TOTAL INCOME||||||3,672,158|3,677,135|
|EXPENDITURE ON:||||||||
|Charitable
activities||||||||
|Costs ofoperation|ofthe School||||SiSa|3,755,725|3,742,648|
|TOTAL EXPENDITURE||||||~3755 725|3,742,648|
|NKT INCOME/(EXPENDITURE)|||FOR THE YEAR|||(83,567)|(65,513)|
|FUND BALANCES AT 1AUGUST 2020|||||12~|7 064,711|7 120224|
|FUND BALANCES AT 31||JULY|2021||12|6,971144|7,054,711|
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||FOR THE|FOR THE|YEAR ENDED 31JULY 2021|YEAR ENDED 31JULY 2021|||
|---|---|---|---|---|---|---|
|||N~es||2021||2020|
|TURNOVER|||||||
|Pupils fees|||2|3,534,057||3,720,535|
|Less: Covid-19 discount||||(128,577)||(374,400)|
|Early Years Funding||||68,832||59,202|
|Pupils extras and disbursements||recovered||42,286||42,778|
|||||3,516,598||3,448, 1 15|
|OTHER OPERATING|INCOME||||||
|School bus income||||48,993||51,404|
|Interest receivable|||3a|1,318||3,027|
|Coronavirus
Job Retention|Scheme|Grants.|3b|56,262||161,057|
|Miscellaneous
income||||48,987||13,532|
|||||3,672,158||3,677,135|
|EXPENDITURE|||||||
|Consumables||||206,179|185,809||
|Disbursements
on behalf|ofpupils||||7,716||
|Other external charges||||565,727|581,815||
|Staffcosts:-|||||||
|Salaries and wages||||2,153,265|2,104,618||
|Social security|costs|||196,539|186,820||
|Other pension|costs|14b||331,628|326,355||
|||||2,681,432|2,617,793||
|Depreciation
and other amounts|||||||
|written offtangible
fixed assets||||253,433|259,551||
|Other operating
charges||||~48 954|~89964||
|||||~3755 725||3,742,648|
|GENERAL FUND|||||||
|(DEFICIT)||12a||~83 567)||~65 513)|
##
|||FOR|THE YEAR ENDED 31JULY 2021|THE YEAR ENDED 31JULY 2021|THE YEAR ENDED 31JULY 2021|||
|---|---|---|---|---|---|---|---|
|||Company||Registration|Number: 936623|||
||||N~o||2021|2020||
|FIXEDASSETS||||||||
|Tangible Assets|||||6,187,611||6,416,928|
|CURRENT ASSETS||||||||
|Debtors|||8|138,498||136,090||
|Cash at bank and||in hand||971,721||~945 339||
|||||1,110,219||1,081,429||
|CREDITORS: Amounts|falling due|||||||
|within one year|||9|~197577)||(273,635)||
|NET CURRENT ASSETS|||||912,642||807,794|
|TOTAL ASSETSLESS|CURRENT|||||||
|LIABILITIES|||||7,100,253||7,224,722|
|CREDITORS: Amounts|falling due|||||||
|after more than one year|||10||(129,109)||~170,011)|
|TOTAL NET ASSETS|||12a||6971144||7,694 711|
|TOTAL GENERAL FUNDS|||12a||6,971 144||7,054,711|
||N~t||2021|2021|2020|
|---|---|---|---|---|---|
|NET CASH (OUTFLOW)/ INFLOW||||||
|FROM OPERATING ACTIVITIES|A|||49,180|(34,982)|
|RETURNS ON INVESTMENTS AND SERVICING||||||
|OF FINANCE||||||
|Investment
income received|||1,318|3,027||
|Proceeds ofsale ofproperty,
plant and equipment|||5,084|17,680||
|Purchase ofproperty,
plant and equipment||(29,200)||(184,645)||
|||||(22,798)|(163,938)|
|INCREASE/(DECREASE)
IN CASH|B,C|||f26,382|(I198,920)|
|NOTES TO THE CASH FLOW STATEMENT||||||
|A.
Reconciliation
ofnet income/(expenditure)||to net cash||inflow from operating|activities|
|Net (expenditure)/
income for the reporting|period|||(83,567)|(65,513)|
|Depreciation||||256,669|274,657|
|Interest from investments||||(1,318)|(3,027)|
|Loss/(profit)
on sale offixed assets||||(3,236)|(15,107)|
|Decrease
/ (Increase) in debtors||||(2,408)|(21,062)|
|(Decrease) / Increase in creditors||||(116,960)|(204,930)|
|Net cash (outflow)/
inflow from operating|activities|||f49,180|(f34,982)|
|B.
Reconciliation
ofnet cash outflow to movements|||in net|funds||
|Net funds at 31 July 2020||||945,339|1,144,259|
|Net cash(outflow)/
inflow||||26,382|(198,920)|
|Net funds at 31July 2021||||f971,721|f945,339|
|C.
Analysis ofchanges
in net funds||||||
|||01.08.20||Cash flow|31.07.21|
|Cash at bank and in hand||945,339||26,382|971,721|
|||f945,339||f26,382|f971,721|
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|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 vaidous rates|from 2'/0 to 10'/0 per annum|||on historical cost.|
|Astroturf sport pitch:|||||||
|Base, groundworks|and related costs|4/o per annum|on costs.||||
|Synthetic surface||14.29/o per annum
on costs.|||||
|Fencing and equipment||10/0 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'/0 per annum|on written|down value.|||
|Motor vehicles:||25'/0 per annum|on written|down value.|||
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||NOTES TO THE FINANCIAL STATEMENTS AS AT 31JULY 2021|NOTES TO THE FINANCIAL STATEMENTS AS AT 31JULY 2021|NOTES TO THE FINANCIAL STATEMENTS AS AT 31JULY 2021|NOTES TO THE FINANCIAL STATEMENTS AS AT 31JULY 2021|NOTES TO THE FINANCIAL STATEMENTS AS AT 31JULY 2021|NOTES TO THE FINANCIAL STATEMENTS AS AT 31JULY 2021|NOTES TO THE FINANCIAL STATEMENTS AS AT 31JULY 2021||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
|2.|SCHOOL FEES||||||||
||The Company's
fee income comprised:||||||||
||Prep School||||||2,945,572|3,164,816|
||Pre-prep||||||494,503|511,723|
||Nursery||||||90,982|41,496|
||Registration
fees||||||3,000|2,500|
||||||||3,534,057|3,720,535|
||Less Covid-19
discount||||||(128,577)|(374,400)|
||||||||3,405,480|3,346,135|
|3a.|UK INVESTMENT INCOME||||||||
||Bank interest||||||1,318|3,027|
|3b.|GRANTS AND DONATIONS||||||||
||Government
Grants: Coronavirus||Job Retention||Scheme||56,262|160,557|
||Donations|||||||500|
||||||||56,262|161,057|
|4.|EXPENDITURE||||||||
||Charitable
activity expenditure|includes:|||||||
||Depreciation oftangible fixed||assets||||256,669|274,657|
||Profit/(loss)
on disposal offixed assets||||||3,236|15,108|
||Auditors
remuneration:||||||||
||Audit fees||||||10,380|11,070|
||Other services|||||||4,108|
||Operating
lease rentals||||||7,134|7,507|
||The Company
has professional|indemnity||insurance||for the Governors|which cost f324 for the year||
||(2020 - 6324).||||||||
||Total staff costs comprised:||||||||
||Salaries||||||2,153,265|2,104,618|
||Social Security Costs||||||196,539|186,820|
||Pension Costs||||||331,628|326,355|
||||||||2,681,432|2,617,793|
##
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|ANALYSIS OF TOTAL RESOURCES EXPENDED|ANALYSIS OF TOTAL RESOURCES EXPENDED|ANALYSIS OF TOTAL RESOURCES EXPENDED|ANALYSIS OF TOTAL RESOURCES EXPENDED|2021||||
|---|---|---|---|---|---|---|---|
|||Staff|Other|||2021|2020|
|||Costs|Costs|Depreciation||Total|Total|
|||||f.||||
|Charitable
activity - operation||ofthe school||||||
|Direct costs:||||||||
|Teaching and welfare||2,333,091|236,384|65,134||2,634,609|2,608,027|
|Premises
and facilities||87,670|355,241|191,364||634,275|666,570|
|Advertising,
marketing|and|13,724|40,064|||53,788|44,154|
|publicity||||||||
|Total||2,434,485|631,689|256,498||3,322,672|3,318,751|
|Support costs:||||||||
|Support costs ofschooling||235,156|142,597||171|377,924|390,863|
|Governance
costs||11,793|43,336|||55,129|33,034|
|Total||246,949|185,933||171|433,053|423,897|
|T 1
3
«9|4 4|2,681,434|817,622|236,669||3,755,725|3,742,648|
|ANALYSIS OF TOTAL RESOURCES EXPENDED||||2020||||
|Charitable
activity - operation||ofthe school||||2020|2019|
|Direct costs:||||||Total|Total|
|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|204,925|||423,897|382,448|
|Total resources expended||2,617,793|850,198|274,657||3,742,648|3,684,652|
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|6.GOVERNANCE|6.GOVERNANCE|COSTS|COSTS|||
|---|---|---|---|---|---|
|Staffcosts||||11,793|10,653|
|Auditors'|remuneration:||for audit (inclusive ofvat)|10,380|11,070|
||||for other services||1,920|
|Legal and|professional||fees|32,956|9,391|
|||||55,129|33,034|
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|FIXEDASSETS|||||||
|---|---|---|---|---|---|---|
||Freehold|Furniture|||||
||Land &|&|Plant &|Motor|Computers|2021|
||Buildings|Equipment|Machinery|Vehicles|&Software|TOTAL|
|||||I|||
|COST OR VALUATION|||||||
|As at I August 2020|7,634,701|525,226|641,206|328,332||9,129,465|
|Additions||13,053|11,587||4,560|29,200|
|Disposals|||171|(51,790)||(51,619)|
|As at 31 July 2021|7,634,701|538,279|652,964|276,542|4,560|9,107,046|
|DEPRECIATION|||||||
|As at I August 2020|1,631,515|389,783|447,765|243,473||2,712,537|
|Charge for the year|151,824|42,749|39,540|20,846|1,710|256,669|
|Written back on|||170|(49,941)|-|(49,771)|
|disposal|||||||
|As at 31 July 2021|1,783,339|432,532|487,475|214,378|1,710|2,919,435|
|NET BOOK VALUE|||||||
|As at I August 2020|6,003,186|135,443|193,441|84,859||6,416,929|
|As at 31July 2021|5,851,362|105,747|165,489|62,164|2,850|6,187,611|
||NOTES TO THE FINANCIAL|NOTES TO THE FINANCIAL|NOTES TO THE FINANCIAL|STATEMENTS|AS AT 31JULY 2021||
|---|---|---|---|---|---|---|
||||||2021|2020|
|8.|DEBTORS||||||
||Parents for fees and extras||||55,528|49,239|
||Prepayments||||82,728|66,901|
||Accrued income||||242|2,845|
||Other Debtors|||||17,105|
||||||138,498|136,090|
|9.|CREDITORS: AMOUNTS FALLING|||DUE WITHIN|ONE YEAR||
||Pupils' fees received
in advance||||57,123|69,792|
||Deposits from parents||||13,500|13,000|
||Trade creditors||||16,787|50,466|
||Taxation and Social Security||||60,479|57,676|
||Other creditors||||7,902|11,654|
||Accruals||||41,786|71,047|
||||||197,577|273,635|
||CREDITORS: AMOUNTS FALLING|||DUE AFTER|||
||MORE THAN ONK YEAR||||||
||Deferred income - fees received|in advance|||26,609|67,260|
||Deposits from parents||||102,500|102,751|
||||||129,109|170,011|
|11.|DEFERRED INCOME||||||
||Pupils fees received
in advance|are scheduled to be applied|||as follows:||
||Amounts
falling due within
one|year|||57,123|69,792|
||Amounts
falling due after one year within|||5 years|26,609|67,260|
||Total liability due at 31stJuly 2021||||83,732|137,052|
||Movement
on advance on fees||||||
||Fees in advance
brought
forward|at 1|August 2020||137,052|249,600|
||Amounts
received for fees in advance||in year||24,706|70,596|
||Amounts
used in year against fees||||~78,626|(183,144)|
||Fees in advance carried forward|at 31|July 2021||83,732|137,052|
||NOTES TO THE FINANCIAL STATEMENTS AS AT 31JULY 2021|NOTES TO THE FINANCIAL STATEMENTS AS AT 31JULY 2021|NOTES TO THE FINANCIAL STATEMENTS AS AT 31JULY 2021|NOTES TO THE FINANCIAL STATEMENTS AS AT 31JULY 2021|NOTES TO THE FINANCIAL STATEMENTS AS AT 31JULY 2021||
|---|---|---|---|---|---|---|
||||||2021|2020|
|12.|ANALYSIS OF NET ASSETS||||General|General|
||||||Funds|Funds|
||Tangible fixed assets||||6,187,611|6,416,928|
||Net current assets||||912,642|807,794|
||Long term liabilities||||(129,109)|(170,011)|
||||||6,971,144|7,054,711|
|12(a)|FUND MOVEMENT IN THE YEAR||||||
||At I August 2020||||7,054,711|7,120,224|
||(Deficit) on ordinary
activities for the year||||(83,567)|(65,513)|
||At 31 July 2021||||6,971,144|7,054,711|
|13.|GUARANTORS'
LIABILITY||||||
||In the event ofthe Company|being wound||up, the liability ofeach ofthe|||
||guarantors
is limited to El.||||||
|14.|COMMITMENTS||||||
||a.
No capital commitments||||||
||At 31July 2021,capital|expediture|commitments||were as follows:||
||||||fNil|fNil|
||b.
Pension Commitments||||||
||D fin
d Benefit Pension Scheme||||||
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|in respect|of|equipme|nt,
was as follows:|||
|---|---|---|---|---|---|
|||||2021|2020|
|Amounts|due|within|one year|5,589|7,135|
|Amounts|due|between two and five years||14,832|20,098|
|||||20 241|27 233|
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