#
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|Governors|||Mrs JToben|MloD, MCIOF (Chair)|MloD, MCIOF (Chair)|
|---|---|---|---|---|---|
||||Mrs G Des Moulins|||
||||Ms C Wickham
BA Hons, MA. R.C.A.|||
||||Mr AWalker|MA NPQH||
||||Mrs P Ford BAHons, FCIH|||
||||Mrs M Stebbing|||
|Head|||Mr M Ward|||
|Charity number|||307005|||
|Company|number||01078648|||
|Principal|address||Newhaven
Road|||
|and registered||office|Rodmell|||
||||Lewes|||
||||East Sussex|||
||||BN7 3EY|||
|Auditor|||Knill James LLP|||
||||One Bell Lane|||
||||Lewes|||
||||East Sussex|||
||||BN7 1JU|||
|Main Bankers|||Lloyds Bank|PLC||
||||82 High Street|||
||||Lewes|||
||||East Sussex|||
||||BN7 1XW|||
||||Charity Bank|Limited||
||||Fosse House|||
||||182 High Street|||
||||Tonbridge|||
||||Kent|||
||||TN9 1BE|||
|Solicitors|||Sherrards
Employment||Law Solicitors|
||||4Albourne
Court|||
||||Henfield
Road|||
||||Albourne|||
||||West Sussex|||
||||BN6 9DB|||
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|||Page|
|---|---|---|
|Governors'
report||1-9|
|Statement ofGovernors'
responsibilities||10|
|Independent
auditor's|report|11 - 14|
|Statement offinancial|activities|15-16|
|Balance sheet||17|
|Statement ofcash flows||18|
|Notes to the financial|statements|19-36|
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|2017/18|Planned|deficit|F404,648|Actual|deficit|F343,095|
|---|---|---|---|---|---|---|
|2018/19|Planned|deficit|F257,000|Actual|deficit|F157,721|
|2019/20|Planned|deficit|F49,000|Actual|surplus|F50,411|
|2020/21|Planned|Surplus|F840|ctual|surplus|F67,618|
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|Current financial year|||||||
|---|---|---|---|---|---|---|
|||Unrestricted
Unrestricted||Restricted|Total|Total|
|||funds|funds|funds|||
|||general|designated||||
|||2021|2021|2021|2021|2020|
||Notes|E|F||||
|Income and endowmen|fr m:||||||
|Donations
and legacies||12,901||6,582|19,483|10,722|
|Charitable
activities||2,039,236|||2,039,236|1,775,106|
|Fundraising
projects||||||8,923|
|Investments||35|||35|111|
|Other income||94,873|||94,873|105,116|
|Total income||2,147,045||6,582|2,153,627|1,899,978|
|n
i
r
n:|||||||
|Charitable
activities|8|2,029,356|48,566|8,087|2,086,009|1,849,567|
|Net incoming/(outgoing)|resources||||||
|before transfers||117,689|(48,566)|(1,505)|67,618|50,411|
|Gross transfers
between|funds|(73,133)|83,995|(10,862)|||
|Net income/(expenditure)|for the year/||||||
|Net movement
in funds||44,556|35,429|(12,367)|67,618|50,411|
|Fund balances at 1 September 2020||(162,514)|1,442,487|18,486|1,298,459|1,248,048|
|Fund balances at 31August 2021||(117,958)|1,477,916|6,119|1,366,077|1,298,459|
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|Prior financial|year|||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Unrestricted||Restricted|Total|
||||||funds||funds|funds||
||||||general||designated|||
||||||2020||2020||2020|
|||||Notes||||||
|Income and|nd
wm|nts from:||||||||
|Donations
and|legacies||||360|||10,362|10,722|
|Charitable
activities|||||1,775,106||||1,775,106|
|Fundraising
projects|||||3,228|||5,695|8,923|
|Investments|||||111||||111|
|Other income|||||105,116||||105,116|
|Total income|||||1,883,921|||16,057|1,899,978|
|i
r|n:|||||||||
|Charitable
activities|||||1,800,807||47,573|1,187|1,849,567|
|Net incoming/(outgoing)|||resources before|transfers|83,114||(47,573)|14,870|50,411|
|Gross transfers|between||funds||(29,968)||29,968|||
|Net income/(expenditure)|||for the year/|||||||
|Net movement|in funds||||53,146||(17,605)|14,870|50,411|
|Fund balances|at 1 September 2019||||(215,660)||1,460,092|3,616|1,248,048|
|Fund balances|at 31August 2020||||(162,514)||1,442,487|18,486|1,298,459|
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||||2021||2020||
|---|---|---|---|---|---|---|
|||Notes|||||
|Fixed assets|||||||
|Tangible assets||14||1,521,199||1,459,950|
|Current assets|||||||
|Debtors|||955,760||288,982||
|Cash at bank and in|hand||392,705||842,976||
||||1,348,465||1,131,958||
|Creditors: amounts|falling due within|17|||||
|one year|||(1,043,587)||(833,449)||
|Net current assets||||304,878||298,509|
|Total assets less current liabilities||||1,826,077||1,758,459|
|Creditors: amounts|falling due after|18|||||
|more than one year||||(460,000)||(460,000)|
|Net assets||||1,366,077||1,298,459|
|Income funds|||||||
|Restricted funds||20||6,119||18,486|
|Unrestricted
funds -|designated|21||1,477,916||1,442,487|
|Unrestricted
funds -|general|22||(117,958)||(162,514)|
|||||1,366,077||1,298,459|
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||||||2021||2020||
|---|---|---|---|---|---|---|---|---|
|||||Notes|||f||
|Cash flows from operating||activities|||||||
|Cash (absorbed
by)/generated||from||26|||||
|operations||||||(340,704)||499,512|
|Investing
activities|||||||||
|Purchase oftangible
fixed assets|||||(111,652)||(39,330)||
|Proceeds on disposal oftangible|||fixed||||||
|assets|||||2,050||||
|Investment
income received|||||35||||
|Net cash used in investing||activities||||(109,567)||(39,219)|
|Financing
activities|||||||||
|Repayment
ofbank loans|||||||198,600||
|Net cash (used in)/generated||from|||||||
|financing
activities||||||||198,600|
|Net (decrease)/increase
in|cash||and cash||||||
|equivalents||||||(450,271)||658,893|
|Cash and cash equivalents|at beginning|||ofyear||842,976||184,083|
|Cash and cash equivalents||at end of||year||392,705||842,976|
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|Donations|and legaci|es|||||||
|---|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Unrestricted||Restricted|Total|
|||funds|funds|||funds|funds||
|||general||||general|||
|||2021||||2020|2020|2020|
|||||||F|||
|Donations|and gifts|12,901|6,582|19,483||360|10,362|10,722|
|Charitable|activities||||||||
|||Charitable|Charitable|Total||Charitable|Charitable|Total|
|||Income -|Income|||Income -|Income||
|||school fees Other school||||school fees Other school|||
||||income||||income||
||||2021|2021|||2020|2020|
||||||||F||
|Gross fees||1,994,360|47,186|2,041,546||1,757,949|19,533|1,777,482|
|Less: Bursaries and|||||||||
|discounts||(2,310)||(2,310)||(2,376)||(2,376)|
|||1,992,050|47,186|2,039,236||1,755,573|19,533|1,775,106|
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|Total|Unrestricted|Restricted|Total|
|---|---|---|---|
||funds|funds||
||general|||
|2021|2020|2020|2020|
||3,228|5,695|8,923|
##
|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||general|general|
|||||2021|2020|
||||||F|
|Interest receivable||||35||
|Other income||||||
|||||Unrestricted|Unrestricted|
|||||funds|funds|
|||||general|general|
|||||2021|2020|
||||||E|
|Net gain on|disposal oftangible|fixed|assets|2,050||
|Rent and letting fees||||5,108|6,684|
|Registration|fees and miscellaneous||income|87,715|98,432|
|||||94,873|105,116|
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||||Teaching|Welfare costs|Support and|Premises|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||and||administration|costs|||
||||educational||costs for||||
||||costs||schooling||||
||||2021||2021|2021|2021|2020|
||||||E|f.|E||
|Staff costs|||1,217,800|137,896|181,263||1,536,959|1,440,194|
|Depreciation||and|||||||
|impairment||||651|1,186|48,566|50,403|54,984|
|Other costs|||17,956|24,138|262,539|160,504|465,137|312,105|
||||1,235,756|162,685|444,988|209,070|2,052,499|1,807,283|
|Share ofgovernance|||||||||
|costs (see note 10)|||33,510||||33,510|42,284|
||||1,269,266|162,685|444,988|209,070|2,086,009|1,849,567|
|Analysis|by|fund|||||||
|Unrestricted||funds-|||||||
|general|||1,261,179|162,685|444,988|160,504|2,029,356|1,800,807|
|Unrestricted||funds-|||||||
|designated||||||48,566|48,566|47,573|
|Restricted|funds||8,087||||8,087|1,187|
||||1,269,266|162,685|444,988|209,070|2,086,009|1,849,567|
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|For the y|ear|ended|31August 2020||||||
|---|---|---|---|---|---|---|---|---|
|||||Teaching|Welfare costs|Support and|Premises|Total|
|||||and||administration|costs|2020|
|||||educational||costs for|||
|||||costs||schooling|||
|Staff costs||||1,024,121|246,576|169,497||1,440,194|
|Depreciation||and impairment|||3,969|3,442|47,573|54,984|
|Other costs||||18,379|18,583|159,984|115,159|312,105|
|||||1,042,500|269,128|332,923|162,732|1,807,283|
|Share of|governance||costs (see note||||||
|10)||||42,284||||42,284|
|||||1,084,784|269,128|332,923|162,732|1,849,567|
|Analysis|by|fund|||||||
|Unrestricted||funds -|general|1,083,597|269,128|332,923|115,159|1,800,807|
|Unrestricted||funds -|designated||||47,573|47,573|
|Restricted|funds|||1,187||||1,187|
|||||1,084,784|269,128|332,923|162,732|1,849,567|
##
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|9|Charitable
activities|||||
|---|---|---|---|---|---|
||Other costs relating to teaching|and educational|costs comprise:|2021|2020|
||||||F|
||Educational
equipment|||12,323|6,033|
||Professional
development|||2,230|4,635|
||Specialist fees (exams)|||3,403|6,271|
||Vocational courses||||504|
||Tuck shop expenses||||936|
|||||17,956|18,379|
||Other costs relating to welfare costs comprise:|||2021|2020|
||||||f.|
||Catering
supplies|||24,138|18,583|
|||||24,138|18,583|
||Other costs relating to premises|costs comprise:||2021|2020|
||Council tax 8 water|||9,508|12,543|
||Insurance|||27,230|25,589|
||Fuel 8 light|||36,985|43,011|
||Health 8 safety|||8,052|4,684|
||Buildings
maintenance|||6,665|5,746|
||Grounds
maintenance|||8,895|3,676|
||Household
expenses|||21,825|19,266|
||Covid related expenses|||40,223||
||Swimming
pool expenses|||1,121||
|||||160,504|115,159|
##
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|9|Charitable
activities|Charitable
activities|||||||(Continued)|
|---|---|---|---|---|---|---|---|---|---|
||Other costs|relating|to|support|and|administration|costs|2021|2020|
||for schooling comprise:|||||||||
||Stationery
8|printing||||||11,813|24,375|
||Postage|||||||630|407|
||Telephone|||||||14,241|14,315|
||Television,
film 8 cameras|||||||461|167|
||Legal 8 professional|||||||117,768|47,764|
||Recruitment|costs||||||25,759|541|
||Licences|||||||9,572|5,338|
||Travelling
8 motor|||||||4,228|6,628|
||Marketing
8|promotion||||||10,635|944|
||Maintenance|ofequipment||||||12,790|12,256|
||ITdevelopment
8 support|||||||37,096|31,523|
||Bad debts|||||||452|5,251|
||Miscellaneous|||||||4,537|4,809|
||Subscriptions|8 licenses||||||12,557|5,666|
|||||||||262,539|159,984|
|10|Governance|costs||||||||
|||||||||2021|2020|
||Audit fees|||||||9,900|9,380|
||Accountancy|||||||1,065|10,210|
||Payroll costs|||||||3,465|3,181|
||Bank charges|||||||782|1,441|
||Clerking costs|||||||2,888|1,902|
||Loan interest|||||||15,410|16,170|
|||||||||33,510|42,284|
||Analysed
to:|||||||||
||Charitable
activities|||||||33,510|42,284|
|11|Auditor's
remuneration|||||||||
||The analysis|of auditor's||remuneration||isas follows:||||
|||||||||2021|2020|
|||||||||F||
||Audit ofthe charitable||company's||annual accounts|||9,900|9,380|
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|The average|monthly
number ofemployees
during|the year was:||
|---|---|---|---|
|||2021|2020|
|||Number|Number|
|||48|48|
|Employment|costs|2021|2020|
|||E|F|
|Wages and salaries||1,287,016|1,194,853|
|Social security costs||82,757|87,746|
|Other pension costs||167,186|157,595|
|||1,536,959|1,440,194|
|The
num
F60,000|ber
of employees
whose
annual
remun
is as follows:|eration
was
more
than||
|---|---|---|---|
|||2021|2020|
|||Number|Number|
|F60,000|- F70,000|||
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|14|Tangible fixed assets|Tangible fixed assets|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||Freehold|Computer||Fixtures,||Motor|Total|
|||||land|hardware|&|fittings|&|vehicles||
||||||software||equipment||||
|||||E|||||||
||Cost||||||||||
||At 1 September 2020|||3,001,875|124,588||22,953||69,770|3,219,186|
||Additions|||74,633|15,943||3,596||17,480|111,652|
||Disposals||||||||(52,800)|(52,800)|
||At 31August|2021||3,076,508|140,531||26,549||34,450|3,278,038|
||Depreciation|and impairment|||||||||
||At 1 September 2020|||1,550,026|124,359||15,081||69,770|1,759,236|
||Depreciation|charged|in the year|48,566|210||1,186||441|50,403|
||Eliminated
in|respect ofdisposals|||||||(52,800)|(52,800)|
||At 31August|2021||1,598,592|124,569||16,267||17,411|1,756,839|
||Carrying
amount||||||||||
||At 31August|2021||1,477,916|15,962||10,282||17,039|1,521,199|
||At 31August|2020||1,451,849|229||7,872|||1,459,950|
|15|Debtors||||||||||
||||||||||2021|2020|
||Amounts
falling due within one year:||||||||||
||Trade debtors||||||||921,778|231,882|
||Other debtors||||||||822||
||Prepayments|and accrued income|||||||33,160|57,100|
||||||||||955,760|288,982|
|16|Loans and overdrafts||||||||||
||||||||||2021|2020|
||Bank loans||||||||460,000|460,000|
||Payable after|one year|||||||460,000|460,000|
##
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|Creditors: amounts
f|alling due within one year|||
|---|---|---|---|
|||2021|2020f|
|Other taxation and social security||23,619|21,961|
|Deferred income||911,107|702,737|
|Trade creditors||65,175|69,489|
|Other creditors||24,607|23,760|
|Accruals and deferred|income|19,079|15,502|
|||1,043,587|833,449|
|Credi|tors: amounts
falling due after|more than one year|||
|---|---|---|---|---|
||||2021|2020|
|||Notes|E||
|Bank|loans|16|460,000|460,000|
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||||Movement|in funds||Movement|in funds|||
|---|---|---|---|---|---|---|---|---|---|
|||Balance at|Incoming|Resources|Balance at|Incoming|Resources|Balance at||
|||1 September
2019|resources|expended|1 September
2020|resources|expended|31August
2021||
||||||||||E|
|Sensory garden|||2,780|(86)|2,694||(2,694)|||
|Sensory
equipment||24||(24)||||||
|Sunken||||||||||
|Trampoline||35|||35||(35)|||
|Enterprise||220|780|(220)|780||(780)|||
|Sponsored
Fund|Dog||1,935|(857)|1,078||(1,078)|||
|David Wood||||||||||
|Pianola
Fund||3,337|||3,337|2,531||5,868||
|Swimming|Pool||200||200|51|||251|
|Wooden Spoon
Swimming
Pool|||10,362||10,362||(10,362)|||
|Sussex Police||||||500|(500)|||
|Lions||||||3,500|(3,500)|||
|||3,616|16,057|(1,187)|18,486|6,582|(18,949)|6,119||
##
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||||Balance at|Resources|Transfers|Balance at|Resources||Balance at|
|---|---|---|---|---|---|---|---|---|---|
|||1|September|expended||1September|expended||31August|
||||2019|||2020|||2021|
||||||E|f||||
|Fixed|Asset|||||||||
|Fund|||1,460,092|(47,573)|29,968|1,442,487|(48,566)|83,995|1,477,916|
||||1,460,092|(47,573)|29,968|1,442,487|(48,566)|83,995|1,477,916|
##
||||Unrestricted|Designated|Restricted|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds||
||||2021|2021|2021|2021|
|Fund balances at 31||August|||||
|2021 are represented||by:|||||
|Tangible|assets||43,283|1,477,916||1,521,199|
|Current|assets/(liabilities)||298,759||6,119|304,878|
|Long term liabilities|||(460,000)|||(460,000)|
||||(117,958)|1,477,916|6,119|1,366,077|
||||Unrestricted|Designated|Restricted|Total|
||||funds|funds|funds||
||||2020|2020|2020|2020|
|||||||f.|
|Fund balances at 31||August|||||
|2020 are represented||by:|||||
|Tangible|assets||7,101|1,442,487|10,362|1,459,950|
|Current|assets/(liabilities)||290,385||8,124|298,509|
|Long term liabilities|||(460,000)|||(460,000)|
||||(162,514)|1,442,487|18,486|1,298,459|
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##
||payments
|under non-c|ancellable|operating|lea|ses, which fall due as|follows:|||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021|2020|
||Within one|year||||||3,418||
||Between two and five||years|||||12,327|3,418|
|||||||||15,745|3,418|
|24|Capital commitments|||||||2021|2020|
|||||||||F||
||At 31August 2021 the||charitable|company|had|capital commitments|as|||
||follows:|||||||||
||Contracted|for but not|provided|in the financial||statements:||||
||Acquisition|of property,|plant and equipment|||||46,645||
##
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|||2021|2020|
|---|---|---|---|
||||E|
|Aggregate|compensation|204,190|186,406|
##
##
|26|Cash generated
from|Cash generated
from|operations|operations|operations|||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|
||Surplus for|the year||||||||67,618|50,411|
||Adjustments|for:||||||||||
||Investment|income recognised|||in statement||offinancial|activities||(35)|(111)|
||Gain on disposal oftangible|||fixed assets||||||(2,050)||
||Depreciation|and impairment||of|tangible|fixed assets||||50,403|54,984|
||Movements|in working|capital:|||||||||
||(Increase)/decrease
in||debtors|||||||(666,778)|210,437|
||Increase
in|creditors||||||||1,768|11,470|
||Increase
in|deferred income||||||||208,370|172,321|
||Cash (absorbed
by)/generated||||from operations|||||(340,704)|499,512|
|27|Analysis ofchanges||in net|debt||||||||
||||||||||At 1|Cash flows|At 31August|
||||||||||September||2021|
||||||||||2020|||
||Cash at bank and in hand||||||||842,976|(450,271)|392,705|
||Loans falling|due after|more|than one year|||||(460,000)||(460,000)|
||||||||||382,976|(450,271)|(67,295)|