2021-03-31-accounts - Dame Hannah Roger's School

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Contents
Report ofthe Trustee.
Introduction .
Directors —Dame Hannah Rogers Trust 2019					Limited (11878746)to the 31"July 2021.........................................
Directors &Trustees	—Dame Hannah		Rogers		Trust 2019	Limited (11878746)and Charity		(1194836)from the 1"
August 2021
Officers and Key Employees of		Dame	Hannah		Rogers School		.
Structure, Governance	and Management.
Appointment of Directors to the		Corporate		Trustee Board		..
Organisation. ..
Our history.
Restructure .
Covid-19 Pandemic —Summary		service impact			&re-open	plan	.. .
Covid-19 Pandemic —Financial		challenges		&impact mitigation			measures
Trading Companies. .................................................„„
Risk Management
Public Benefit.
Our current and future	plans: ..........							....12
Financial review - Overview ..								....13
Financial review - Going Concern.								....13
Reserves policy..								....14
Pay policy statement								...15
Senior Leadership Team:								....15
Fundraising practices.								....16
Personal Data .								....16
Trustee's responsibilities in relation to			the	financial statements.				....16
Auditor.								... 17
Independent Auditor's	Report .							....18
Consolidated Statement	of Financial Activities.							......22
Balance Sheet.								....23
Notes and Accounting	Policies .							. 25

etermination and vitalit	etermination and vitalit	y ofour truly i	n	spirational	yo
Charity number		306948
Registered	Office	Woodland		Road
		lvybridge
		Devon
		PL21 9HQ
Auditor		PKF Francis Clark
		Chartered	Accountants
		North Quay		House
		Sutton Harbour
		Plymouth
		PL4 ORA
Solicitors		Tozers Solicitors LLP
		Broadwalk		House
		Southernhay		West
		Exeter
		Devon
		EX1 tUA
Insurance	advisors	Marsh Commercial
		3"Floor
		26 Lockyer		Street
		Plymouth
		PL1 2QW
Charity Website		www discoverhannahs.			or

Association a April 2021 .	s incorporated	s incorporated	on 13 March	2019as amended by specia	2019as amended by specia	l resolutions dated 26 November 2020 and 2	l resolutions dated 26 November 2020 and 2
The following	persons were		Directors of	the Corporate Trustee during		the whole ofthe year ended 31 March 2021,
unless otherwise		stated:
Professor David		Coslett	Chair	(Retired from the Board 12October			2021)
lan Cowley			Director	(Appointed	15June 2020, Appointed		Vice Chair 27 July 2021,
			Appointed Chairman		12October 2021)
Paul Boys			Director
Simon Morris			Director
Chris Erwood			Director	(Appointed	15June 2020)
Judith Gentry			Director(Appointed		30 April 2021)
Nigel Godefroy			Director	(Resigned	21 July 2020)

Officers and Key Employees of Dame Hannah Rogers School	Officers and Key Employees of Dame Hannah Rogers School	Officers and Key Employees of Dame Hannah Rogers School	Officers and Key Employees of Dame Hannah Rogers School
James Derrick	Director of	Finance	&Company Secretary
Wayne Fulton	Director of	Adult Services
Mare Chudley	Registered	Manager	(Hannahwood Transitions	&Hannahwood	Mews)
John McDonald	Registered	Manager	(Arthur Care Home)
Helen Vallis	Senior HR	Advisor
Daniel Burke	Head of Fundraising		&Retail

			Endowment
		Unrestricted	Restricted	Restricted	Total Funds	Total Funds
	Notes	Funds f	Funds f	Funds f	2021 f	2020 f
Income from:
Donations and legacies	3	269,335		6,209	275,544	176,009
Charitable activities	4	5,730,306			5,730,306	7,146,881
Other trading activities	5	411,902			411,902	563,932
Investment income		14			14	39
Total income		6,411,557		6,209	6,417,766	7,886,861
Expenditure on:
Costs ofRaising funds	8	279,624		4,249	283,873	268,074
Charitable activities	9	5,719,047		9,435	5,728,482	7,959,927
Other:
Financing costs		9,977			9,977	54
Total expenditure		6,008,648		13,684	6,022,332	8,228,055
Net gains on investments
Net (expenditure)/income	11	402,909		(7,475)	395,434	(341,194)
Transfer between funds		78,000	(78,000)
Net movement in funds		480,909	(78,000)	(7,475)	395,434	(341,194)
Reconciliation offunds:
Total funds brought forward		378,385	78,000	69,638	526,811	868,005
Total funds carried forward		860,082		62,163	922,245	526,811

				Group			Charity
				2021	2020		2021	2020
			Notes	6	f		6	F
Fixed assets:
Tangible assets			15	423,808	345,588		399,776	322,624
Investments			16	5,000	5,000		10,004	10,004
Total fixed assets				428,808	350,588		409,780	332,628
Current assets:
Stocks			17	20,676	6,187		20,676	6,187
Debtors			18	461,166	924,057		431,395	877,731
Cash at bank and in hand				2,202,053	824,769	2,150,737		784,056
Total current assets				2,683,855	1,755,013	2,602,808		1,667,974
Liabilities:
Creditors: amounts within one year	falling	due		(1,520,644)	(1,076,111)	(1,528,427)		(1,056,776)
Net current assetsl (liabilities)				1,163,211	678,902		1,074,381	611,198
Total assets less current liabilities				1,592,019	1,029,490		1,484,161	943,826
Creditors: amounts after more than one	falling year	due	20	(669,774)	(502,679)		(664,943)	(495,978)
Total net assets				922,245	526,811		819,218	447,848
The funds ofthe Charity:
Endowment funds			22		78,788			78,788
Restricted funds			22	62,163	69,638		62,163	69,638
Unrestricted funds			22	860,082	378,385		756,850	299,422
Total Charity funds				922,245	526,811		819,218	447,848
The consolidated financial		statements	on pages 20 to 39were approved		by the Charity	on	......... ... ..!.. .!.. ..and (2. 10 2
were signed on its behalf by:

Consolidated Statement of Cash	Consolidated Statement of Cash	Flows	Flows
Year ended 31 March 2021
					2021	2020
				Notes	6	f
Cash flows from operating activities:
Net cash received from operating activities				28	1,385,958	283,925
Cash flows from investing activities:
Interest from investments					14	39
Proceeds from sale of investments
Proceeds from the sale oftangible fixed	assets				3,000
Purchase oftangible fixed assets					(152,816)	(135,304)
Net cash provided byI(usedin) investing		activities			(149,802)	(135,265)
Cash flows from financing activities:
Loan interest						(54)
Transfer of borrowing to Trust						8,589,952
CBI Loan received in year					200,000
Funds provided from Trust						210,000
Repayment of borrowing					(58,872)	(3,240,168)
Net cash used in financing activities					141,128	5,559,730
Change in cash and cash equivalents	in the		year		1,377,284	5,708,390
Cash and cash equivalents at the beginning			ofthe year		824,769	(4,883,621)
Cash and cash equivaients at the end	ofthe		year	29	2,202,053	824,769

3.Income	from	donatio	ns and legacies
			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			2021	2021	2021	2020	2020	2020
			E	E.	E	E	E	E
Donations	and	gifts	47,040	6,209	53,249	76,228	37,999	114,227
Legacies			108,622		108,622	61,782		61,782
Furlough	Grant		113,673		113,673
Total			269,335	6,209	275,544	138,010	37,999	176,009

.Income from charitabl	e activities
	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
	2021	2021	2021	2020	2020	2020
	E	E	E	E	E	E
Fees receivable	5,532,763		5,532,763	6,841,629		6,841,629
Therapy services	5,073		5,073	305,252		305,252
Covid grant support	190,469		190,469
Other income	2,000		2,000
Total	5,730,306		5,730,306	7,146,881		7,146,881

.Income from other trading	activities
	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
	2021	2021	2021	2020	2020	2020
	F	E	F	E	E
Hub income	575		575	23,310		23,310
Income from charity shops	411,327		411,327	540,622		540,622
Total	411,902		411,902	563,932		563,932

Unrestricted	Unrestricted
2021	2020
E	E
14


Profit and	loss	account		2021	2020
				E
Turnover				411,327	540,622
Operating expenses				(268,671)	(215,025)
Operating	profit			142,656	325,597
Interest payable		and similar	charges	(536)	(223)
Interest receivable				10	17
Net trading	profit			142,130	325,391
Tax on profit on ordinary			activities		(1,003)
Profit after	taxation			142,130	324,388
Gift aid distribution				(118,066)	(298,000)
				24,064	26,388
Balance sheet
Assets				142,625	158,000
Liabilities				(39,596)	(79,035)
Capital				2	2
Reserves				103,027	78,963
8.Expenditure		on raising	funds
				Total	Total
				2021	2020
				E	E
Depreciation				5,166	5,287
Other costs				278,707	262,787
				283,873	268,074

Direct costs	Unrestricted	Restricted	Total	Total
			2021f	2020f
Staff costs	4,251,674		4,251,674	5,982,891
Premises costs	802,127		802,127	907,728
Supplies	152,748		152,748	195,060
Depreciation	51,256	9,435	60,691	71,311
Other	27,814		27,814	102,935
	5,285,619	9,435	5,295,054	7,259,925
Governance costs (note 10)	130,286		130,286	288,684
Support costs (note 10)	303,142		303,142	411,318
	5,719,047	9,435	5,728,482	7,959,927

10.Govern	ance a	nd support costs
			Support	Governance	Total	Total	Basis of
			costs	costs	2021	2020	allocation
Management/admin		staff salaries	303,142	75,786	378,786	514,147	Time spent
Legal and	Professional			21,000	21,000	21,500	Governance
Refinancing	costs					97,690	Governance
Other				33,500	33,500	66,665	Governance
			303,142	130,286	433,286	700,002

Net expendit	ure	for the	year is after	charging:
					2021	2020
					f	f
(Loss)/Profit	on	disposal	offixed assets		(5,739)	(51,449)
Depreciation	of	leasehold assets			20,564	24,124
Depreciation	of	owned assets			45,293	52,474
Auditor's remuneration for audit services:
Charity					8,000	8,000
Subsidiary					5,500	5,500
Non-audit services					3,500	4,000
Rental ofshop premises			—operating	leases	79,853	78,464
Other operating		leases			297,027	292,526

12.Analysis o The aggregate	fstaff costs, Trustee's remuneratio payroll costs were as follows:	n and expenses and the costs of key m	anagement
		2021	2020
			E
Wages and salaries		3,999,560	5,087,685
Social security	costs	287,441	356,480
Pension costs		109,872	140,564
Redundancy costs		186,276
Other staff costs		41,967	86,784
Apprenticeship	levy	5,486	10,763
Agency fees			679,440
		4,630,602	6,361,716

Year Ended 31 March	2021
15.Tang ible fixed assets
Group	Leasehold buildings	Fixtures, fittings and equipment	Motor vehicles	Trust website	Total
Cost or valuation
At 1 April 2020	61,225	1,903,130	229,857	42,808	2,237,047
Additions	112,761	40,055			152,816
Disposals		(21,995)	(40,180)		(62,175)
At 31 March 2021	174,016	1,921,190	189,677	42,808	2,327,691
Depreciation
At 1 April 2020	3,062	1,655,596	196,398	36,406	1,891,732
Charge for year	2,910	53,534	8,133	1,280	65,857
Eliminated on disposals		(14,187)	(39,249)	-	(53,436)
At 31 March 2020	5,972	1,673,907	162,653	37,686	1,903,883
Net book value
At 31 March 2021	168,044	247,283	27,024	5,122	423,808
At 31 March 2020	58,163	247,534	33,459	6,402	345,588
Charity
	Leasehold buildings	Fixtures, fittings and equipment	Motor vehicles	Trust website	Total
		6
Cost or valuation
At 1 April 2020	61,255	1,867,018	219,340	42,808	2,190,421
Additions	112,761	33,821			146,582
Disposals		(21,995)	(40,180)		(62,175)
At 31 March 2021	174,016	1,878,844	179,160	42,808	2,274,828
Depreciation
At 1 April 2020	3,062	1,634,560	193,769	36,406	1,867,797
Charge for the year	2,910	50,340	6,161	1,280	60,691
Eliminated on disposals		(14,187)	(39,249)	—	(53,436)
At 31 March 2021	5,972	1,670,713	160,681	37,686	1,875,052
Net book value
At 31 March 2021	168,044	208,131	18,479	5,122	399,776
At 31 March 2020	58,193	232,458	25,571	6,402	322,624

16.Investments	16.Investments	16.Investments
Investments		—unlisted
Group	and Charity
					2021	2020
					6	8
Shares	in Brain in Hand				5,000	5,000
Investments		in subsidiaries		(Charity only)
					2021	2020
					6
Loan to	Hannah's (1988)		Limited		5,000	5,000
Cost of	shares	in Hannah's	(1988) I imited		2	2
Cost of	shares	in Hannahs	Limited		2	2
					5,004	5,004

				Group		Charity
				2021	2020	2021	2020
				F	E	6	E
Food	and	other	stock	20,676	6,187	20,676	6,187

8.Debtors
		Group		Charity
		2021	2020	2021	2020
		E	E	E	E
Trade debtors		360,793	717,742	358,354	706,743
Prepayments	and accrued income	96,025	183,201	73,042	159,746
Other debtors		4,309	23,114		11,242
		461,126	924,057	431,395	877,731

9.Creditors - Amounts	falling due within one y	ear
		Group		Charity
		2021	2020	2021	2020
		E	E	E	E
Bank loans —(note 20)		30,000		30,000
Other loans —unsecured	(note 20)	50,000	50,000	50,000	50,000
Trade creditors		175,216	423,668	152,321	365,971
Amounts owed to group undertakings				37,548	47,999
Accruals and deferred income		456,232	472,751	451,232	465,003
Other taxation and social	security	761,146	76,352	761,146	76,352
Obligations under finance	lease (note 21)	9,801	16,510	7,931	14,641
Other creditors		38,248	36,810	38,248	36,810
		1,520,644	1,076,111	1,528,427	1,056,776

		Group and
		Charity
		E
Balance	at 1 April 2020	178,097
Released	to income	178,097
Deferred	in year
Balance	at 31 March 2021

0.Creditors	—Amounts falling due after one year
		Group		Charity
		2021	2020	202'I	2020
		E.	E	E	E
Bank loans	- CBIL	170,000		170,000
Other loans	- unsecured	350,000	400,000	350,000	400,000
Obligations	under finance lease (note 21)	22,821	24,984	17,990	18,283
Other creditors		126,953	77,695	126,953	77,695
		669,774	502,679	664,943	495,978

angible f	ixed	asset	s an	d a Citroen van recognised	with motor veh	icles in fixed ass	ets.
						Group and	Charity
					Minimum	lease	Present	value	of
					payments		minimum	lease
							payments
					2021	2020	2021		2020
					E	f	E
Within one year					12,533	19,219	9,801		16,510
Between	one and		five	years	33,235	34,354	22,821		24,984
					45,768	53,573	32,622		41,494
I ess: future		finance charges			(13,143)	(12,079)
Present	value oflease			obligations	32,622	41,494	32,622		41,494
Included	in	the financial statements as:
Current	obligations		under finance lease				9,801		16,510
Non-current		obligations		under finance lease			22,821		24,984
							32,622		41,494

29.A	nalysis ofcash and	cash equivalents
				2021	2020
				6	8
Cash	in hand		2,202,053		824,769
Overdraft facility repayable		on demand
Total	cash and cash equivalents		2,202,053		824,769
30.Analysis ofchanges		in net funds
			At 1 April 2020	Cash- flows	At 31 March 2021
			8
	Cash		2,150,737	51,316	2,202,053
	Loans falling due	in less than one year	(50,000)	(30,000)	(80,000)
	Loans falling due	after more than one year	400,000	120,000	520,000
			1,700,737	98,684)	1,602,053