2021-07-31-accounts - Brambletye School Trust Limited

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Reference and Administrative	Details	1to 2
Trustees Report (incorporating	strategic report)	3to 13
Strategic Report
Independent Auditor's Report		14to 16
Statement of Financial Activities		17
Balance Sheet		18
Statement of Cash Flows		19
Notes to the Financial Statements		20to 32

Chairman		Mr PJ Lough
Vice Chairman		Mr N J Perry
Trustees		Mr PJ Lough
		Mr L A Armstrong
		Mr CJ Beazley
		Mr T A C N Dawson
		Mrs V A Finegold
		Mr M J Lascelles
		Mr 5 N A Leefe
		Mr M R Marten
		Mr R CW Mason
		Mr N J Perry
		Dr A L R Peterken
		Ms L J Watts
		Mrs 5 A Price (resigned 29June 2021)
		Mrs L5 A Curra (appointed	24 November		2020)
		Mr R A Porter (appointed	24 November	2020)
		Mr B H Dunhig (appointed	29June 2021)
Secretary		Mr N 5 Hollarnby
Principal	ONce	Brambletye School
		Lewes Road
		East Grinstead
		West Sussex
		RH19 3PD
		The charity is incorporated	in England	and	Wales.

Company	Registration	00957506
Charity Registration	Number	307003
Auditor		Brebners
		Chartered	Accountants	&Statutory	Auditor
		1Suffolk Way
		Sevenoaks
		Kent
		TN13 1YL
Solicitors		MOore Barlow LLP
		The Oriel
		Sydenham	Road
		Gu1ldiord
		Surl'ey
		GU13SR
Bankers		Lloyds Bank pic
		1-3 London	Road
		East 6rinstead
		West Sussex
		RH19 1AH

Golf	Squash		Tennis		Speech Ik Drama
Carpentry	Fencing		Sailing		HIIT
Clay Pigeon Shooting	Cheerleadmg		Modern	Dance	Yoga
Ballet	Story Club		Bushcraft		Art Club
Chess	Modelling	Club	Table Tennis		Orchestra
Choir	Concert Band		Taekwondo		Horse Riding

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					2021	2020
				Note	6	F.
Fixed assets
Tangible assets				15	8,734,111	8,833,939
Current assets
Debtors				16	234,753	187,693
Cash at bank	and in hand			17	1,198,540	1,062,315
Creditors: Amounts		falling due within	one year	18	1,433,293	1,250,008 ~86)
Net current	assets				748,353	549,202
Total assets	less current liabilities				9,482,464	9,383,141
Creditors: Amounts		falling due after	more than one year	19	(844,930)	(971,821)
Net assets					8637g534	gg411g320
Funds ofthe	charity:
Restricted income funds
Restricted Funds funds				21	91,127	158,407
Unrestricted	income	funds
Unrestricted	Funds funds				8,546,407	8,252,913
Totalfunds				21	8,637,534	8,411,320

		2021	2020
		6	5
Cash flows from operating activities
Net movement in funds		226,214	97,667
Adjustments to cash flows from non-cash items
Depreciation		277,706	259,487
Investment income		(153)	(6,449)
Loss on disposal offixed assets held for the charity's	own use	4,578
		508,345	350,705
Working capital adjustments
(Increase)/decrease in debtors		(47,060)	104,559
Decrease in creditors		(43,047)	(169,165)
Net cash flows from operating activities		418,238	286,099
Cash flows from investing activities
Interest receivable and similar income		153	6,449
Purchase oftangible fixed assets		(182,456)	(784,196)
Net cash flows from investing activities		(182,303)	(777,747
Cash flows from financing activities
Proceeds from borrow ings Repayment ofhorrowings		~99,» i	500,000 ~100.0
Net cash flows from financing activities		(99,710)	400,000
Net increase/(decrease) in cash and cash equivalents		136,225	(91,648)
Cash and cash equivalents at 1August		1,062,315	1,153,963
Cash and cash equivalents at 31july		1,198,540	1,062,315

Asset class	Asset class	Depreciation	and rate
Freehold	buildings	Between 40 and 200	years
Furniture	and fittings	Over 10years
Equipment	and motor vehicles	Over 5 years

COME FR	OM D	ONATIONS	AND LEG	ACIES
				Unrestricted	Restricted	Total	Total
				Fundsf	Funds E	2021 E	2020 6
Donations	from	individuals	and
legacies					39,038	39,038	139,678
					39,038	39,038	139,678

INCOME FRO	M CH	ARIT	ABLE ACTIVIT	IES
				Unrestricted		Restricted		Total Funds	Total Funds
				Funds		Funds		2021	2020
				6		E		E	F.
School fees				5,023,643				5,023,643	4,749,935
Bursaries, scholarships			and
remissions				(648,466)				(648,466)	(543,480)
Registration	fees	and	forfeited
deposits				10,700				10,700	25,320
Courses, activities		and extras		183,172				183,172	95,190
Sub-lettings				13,403				13,403	54,204
								4,582,452	4,381,169
INVESTMENT	INCOME
				Unrestricted		Restricted		Total Funds	Total Funds
				Fundsf		Funrls E		2021 E	2020 6
Interest receivable		and similar
income;
Interest receivable on			bank
deposits					140		13	153	6,449
OTHER INCOME
				Unrestricted		Restricted		Total Funds	Total Funds
				Funds		Funds		2021	2020
				E		6		E	6
Sundry income				20,891				20,891	6,282
Government	grants			149,865				149,865	201556
				170,756				170,756	207,838

				Unrestricted	Restricted	Total	Total
				Funds	Funds	2021	2020
				6	E	E	E
	Bankloan	interest		15,754		15,754	8,549
8	EXPENDITURE		ON CHARITABLE ACTIVITIES
				Unrestricted	Restricted	Total	Total
				Funds	Funds	2021	2020
			Note	6	6	E	E
	Teaching	costs	and
	materials			2,137,177		2,137,177	2,370,755
	Welfare and household
	expenses			633,094		633,094	609,848
	Administration		and
	support costs		10	1,771,745	3,837	1,775,582	1,648,315
				4,542,016	3,837	4,545,853	4,628,918

OTHER EXPENDITURE	OTHER EXPENDITURE
		Unrestricted	Restricted	Total
		Funds	Funds	2021
		E	6	E
(Profit)/Loss	on disposal on tangible fixed assets	4,578			4,578
		4,578			4,578

					Total	Total
					2021	2020
					E	E
Staff Costs	-	Support and Admin			409,172	379,425
Staff Costs	-	Estates			178,711	180,604
Maintenance,		Grounds	and Estate		256,980	218,188
Utilities					214,971	204,590
Insurance					38,234	35,134
Motor Expenses, Travel			and Subsistence		26,783	22,067
General, Office and Telephone					94,580	98,328
Advertising,		Marketing	and Hospitality		61,343	80,165
Subscriptions,		Licensing	and Regulatory		27,360	19,853
Information		Technology			100,078	80,781
Professional		Fees			65,625	60,357
Governance		costs - Audit fees			7,900	7,800
Interest and		Bank Charges			2,645	2,185
Depreciation					277,706	259,487
Bad Debts					13,494	(649)
					1,775,582	1,648,315
GOVERNANCE	COSTS (AS INCLUDED ABOVE)
				Unrestricted	Total	Total
				Funds	2021	2020
				6	f	E
Audit fees
Audit ofthe financial			statements	7,900	7,900	7,800
				7,900	7,900	7,800

STAFF COSTS	STAFF COSTS	STAFF COSTS
The aggregate payroll costs were as follows:
				2021	2020
				6	6
Staff costs during the year		were:
Wages	and salaries			2,255,228	2,396,482
Social security costs				184,106	211,819
Pension	costs			318,715	383,978
				2,758.049	2,992,279
The monthly average number of persons employed			by the charity during the year were as follows:
				2021	2020
				No	No
Number	ofteaching staff			43	53
Number	of matrons, domestic staff and cleaning staff			21	10
Number	ofestate staff
Number	of administration	staff		15	13
				85

2021	2020
No	No

AUDI	TOR'5 REMUNERATION
		2021	2020
		6	6
Other	fees to auditors
Audit	ofthe accounts ofthe charity	7,900	7,800
Other	audit related services	7,100	7,000
		15,000	14,800

TANGIBLE FIX	EDASSETS
		Freehold	land	Furniture	and	Equipment and
		and buildings		fittings		motor	vehicles	Total
		E		6			E	6
Cost
At 1August 2020		9,222,408		1,281,203			342,900	10,846,511
Additions			3,839	107,292			71,325	182,456
Oisposals							(13,480)	(13,480)
At31July 2021		9,226,247		1,388,495			400,745	11,015,487
Depreciation
At 1August 2020		1,405,404		426,097			181,071	2,012,572
Charge for the	year		79,542	131,029			67,135	277,706
Eliminated on	disposals						(8,902)	(8,902)
At 31July 2021		1,484,946		557,126			239,304	2,281,376
Net book value
At 31July 2021		7,741,301		831,369			161,441	8,734,111
At 31July 2020		7,817,004		Rssp106			161,829	8,833,939
DEBTORS
						2021		2020
						E		E
Trade debtors							89,000	24,588
Prepayments	and accrued income					139,402		157,983
Other debtors							6,351	5,122
						234,753		187,693

CASH AND CAS	H EQUIV	ALENTS
			2021	2020
			f	f
Cash at bank			1,198,540	1,062,315
CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
			2021	2020
			6	E
Bankloans			200,000	116,667
Trade creditors			121,279	138,226
Other taxation	and social security		50,153	57,649
Other creditors			201,475	184,021
Accruals			112,033	204,243
			684,940	700,806

CREDITORS: AMOUNTS FALLING DUE AFTER ONE	YEAR
	2021 6	2020f
Bankloans	600,290	783,333
Other creditors	244,640	188,488
	&44,930	971,821

Total future minimum lease payments under non-cancella	ble operating leases are as follows:
	2021	2020
	6	6
Other
Within one year	11,294	11,294
Between one and five years	19,765	31,060
	31,059	42,354

FUNDS
			Balance at 1	Incoming	Resources		Balance at 31
			August 2020 f	resources E	expended f	Transfers E	July 2021 f
Unrestricted	Funds	funds
General
Unrestricted	fund		8,252,913	4,752,803	(4,561,803)	102,494	8,546,407
Restricted Funds funds
Sundry restricted		fund	10,776	5,923	(3,837)		12,862
Centenary	appeal	fund	147,631	33,128		(102,494)	78,265
Total restricted funds funds			1 .40				91,127
Total funds			8411320	4791854	(44565,640)		8,637,534
			Balance at 1	Incoming	Resources		Balance at31
			August 2019	resources	expended	Transfers	July 2020
			F.	f	E	f	F.
Unrestricted	Funds	funds
Generol
Unrestricted	fund		8,157,959	4,593,686	(4,614,673)	115,941	8,252,913
Restricted Funds
Sundry restricted		fund	20,713	8,449	(18,386)		10,776
Centenary	appeal	fund	134,981	132,999	(4,408)	(115,941)	147,631
Total restricted funds funds			155,694	141,448	(22,794)	(115,941)	158,407
Totalfunds			8,313,653	4,735,134	(4,637,467)

		Unrestricted	Restricted	Total funds at
		Funds	Funds	31July 2021
		E	E	E
Tangible	fixed assets	8,734,111		8,734,111
Current	assets	1,342,166	91,127	1,433,293
Current	liabilities	(684,940)		(684,940)
Creditors	over 1year	(844,930)		(844,930)
Total net assets		8,546,407	91,127	8,637,534
		Unrestricted	Restricted	Total funds at
		Funds	Funds	31July 2020
		E	E	E
Tangible	fixed assets	8,833,939		8,833,939
Current	assets	1,091,601	158,407	1,250,008
Current	liabilities	(700,806)		(700,806)
Creditors	over 1year	(971,821)		(971,821)
Total net assets		8,252,913	158~407	8~411y320