## 

## 



## 

## 

||||||Page|
|---|---|---|---|---|---|
|Reference|and administrative|||details||
|Report of the||trustee||||
|Independent||auditor's|report||10|
|Statement|of|financial|activities||12|
|Balance sheet|||||13|
|Statement|of|cash flows|||14|
|Accounting|policies||||15|
|Notes to the accounts|||||18|





## 

|Trustee|||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|The sole trustee||of the|charity|is a company|limited<br>by guarantee,<br>Michael||||Hall School|Limited,||||company||number|
|539034. The directors of this company<br>are the Council of Trustees of the||||||||charity for charity|||||law|purposes||and are|
|set out below:|||||||||||||||||
|W Forward||(Teacher, Chair from 21/02/21)|||||(appointed||20 March 2017)||||||||
|J Sharpe||(Independent,||Chair 17/10/20|to 20/02/21)||(appointed||13 November||2019, resigned||||21||
||||||||February||2021)||||||||
|S Rafferty||(Independent,||Chair to 16/10/20)|||(resigned|16 October 2020)|||||||||
|J Cohen||(Parent)|||||(resigned|23 June 2020)|||||||||
|H Hebrank||(Parent)|||||||||||||||
|K Hagenbach||(independent)|||||(resigned|1|April 2020)||||||||
|M Hindler||(Independent)|||||(appointed||10January 2020)||||||||
|V King||(Teacher)|||||||||||||||
|S Kirby||(Independent)|||||||||||||||
|L Lines||(Independent)|||||(appointed||3 February 2021)||||||||
|M Macdonald||(Teacher)|||||(appointed||16September||2020)||||||
|E Maslen||(Parent)|||||(appointed||13 November||2019)||||||
|TMichaels||(Parent)|||||(appointed||23 November||2020)||||||
|B Ozgen||(Parent)|||||(resigned|16 November||2020)|||||||
|T Souleiman||(Parent)|||||(appointed||9 December|2019)|||||||
|The Association||members<br>are||the guarantors|of the trustee||company<br>and||hold the right|||to appoint|||or|remove|
|members|of the|Council|of Trustees.<br>No person<br>may be appointed<br>as a|||||member<br>unless||||they are an|||Association||
|member.|||||||||||||||||
|Management|||||||||||||||||
|The trustees delegate the day||||to day management||of the school to committees<br>comprised|||||of||members||of staff.||
|Key management<br>personnel||||(to May 2020 unless||stated)|||||||||||
|Vacant|||Chair of Management||||||||||||||
|M Fielding|||Early Years Faculty Chair||||||||||||||
|J Brunoir|||Upper|School Faculty|Chair|(to August|2019)||||||||||
|S Grimshaw|||Upper|School Faculty|Chair|(from September 2019)|||||||||||
|J Rolton|||Upper|School Faculty|Chair|(from September 2019)|||||||||||
|M Devaris|||Upper|School Faculty|Chair|(from September 2019)|||||||||||
|H Howlett|||College ofTeachers Co-Chair||||||||||||||
|Vacant|||Education<br>Co-ordinator||||||||||||||
|D Skinner|||Director of Operations||(to March 2020)||||||||||||
|V King|||Lower|School Faculty|Chair||||||||||||
|K Whiley|||Financial<br>Controller/School|||Bursar (to March 2020)|||||||||||
|Key management<br>personnel<br>(to July 2021 unless||||||stated otherwise)|||||||||||
|P Farr|||Principal<br>(from November<br>2019to March 2021)||||||||||||||
|E Hawker|||Acting|Principal<br>(from|March 2021 and||ongoing),<br>previously<br>Lower||||School|||Assistant|||
||||Principal<br>(from March||2020|to March 2021)|||||||||||
|M Fielding|||Early Years Faculty Chair||||||||||||||
|M Devaris|||Upper|School Assistant|Principal||||||||||||
|R Siddons|||Upper|School Assistant|Principal<br>(from||March 2020 to March 2021)||||||||||
|J Courtenay|||Lower|School Assistant|Principal||||||||||||
|LJames|||Business Manager<br>(from April 2020)||||||||||||||
|J Phillips|||SENCO|(from September 2018)|||||||||||||





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|Bankers|||||
|---|---|---|---|---|
|HSBC||Barclays Bank|Plc|Triodos Bank|
|38 London|Road|18Southgate|Street|Brunel House|
|East Grinstead||Gloucester||11 The Promenade|
|West Sussex||GL1 2DH||Bristol|
|RH19 1AB||||BS8 3NN|





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|Cawley<br>Priory|
|---|
|South Pallant|
|Chichester|
|West Sussex|
|P019 1SY|



|||||||<br>|
|---|---|---|---|---|---|---|
|Blue|Spire|Limited,|Statutory|Auditor||P019 1SY|
|Date|||||||
|Blue|Spire|Limited|is eiigibie|to act as an auditor|in terms ofsection 1212of the Companies|Act 2006.|





## 

## 

|||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Endowment|Total|Total|
||||||Funds|Funds|Funds|Funds|Funds|
|||||Note|E|F|||E|
|INCOME AND ENDOWMENTS|||FROM:|||||||
|Donations<br>and legacies|||||4,202|||4,202|21,743|
|Other trading<br>activities|||||136,586|||136,586|179,257|
|Investments|||||14,953|||14,953|15,225|
|Charitable<br>activities|||||3,420,362|||3,420,362|3,703,047|
|Other|||||471,641|||471,641||
|Total|||||4,047,744|||4,047,744|3,919,272|
|EXPENDITURE ON:||||||||||
|Raising funds|||||111,851|||111,851|67,223|
|Charitable<br>activities|||||4,626,992|||4,626,992|4,203,515|
|Total|||||4,738,843|||4,738,843|4,270,738|
|Net gains/(losses)<br>on||investments||13|(24,701)||3,535|(21,166)|26,222|
|Net income/(expenditure)|||||(715,800)||3,535|(712,265)|(325,244)|
|Transfers<br>between|funds|||20||||||
|Net movement<br>in funds|||||(715,800)||3,535|(712,265)|(325,244)|
|RECONCILIATION|OF FUNDS|||||||||
|Total funds brought||forward||20|4,072,860|9,507|939,391|5,021,758|5,347,002|
|Total funds carried|forward|||20|3,357,060|9,507|942,926|4,309,493|5,021,758|





## 

## 

|||||||2020||2019||
|---|---|---|---|---|---|---|---|---|---|
||||||Note|||||
|FIXEDASSETS||||||||||
|Tangible assets|||||12|7,865,358||7,865,516||
|Investments|||||13|424,795||445,961||
|Total fixed assets|||||||8,290,153||8,311,477|
|CURRENT ASSETS||||||||||
|Assets held for sale|||||14|710,000||710,000||
|Debtors|||||15|896,835||363,549||
|Cash at hand and<br>in bank||||||212,384||79,488||
|Total current assets||||||1,819,219||1,153,037||
|CURRENT LIABILITIES||||||||||
|Creditors: amounts|falling|due within one||year|16|618,304||676,579||
|Net current assets/(liabilities)|||||||1,200,915||476,458|
|Total assets less current||liabilities|||||9,491,068||8,787,935|
|Creditors: amounts|falling|due after more||than one year|17||(1,173,063)||(422,313)|
|Net assets/(liabilities)|excluding||pension|asset/(liability)|||8,318,005||8,365,622|
|Defined benefit pension scheme|||asset/(liability)||18||(4,008,512)||(3,343,864)|
|Total net assets|||||||4,309,493||5,021,758|
|THE FUNDS OF THE CHARITY||||||||||
|Endowment<br>funds|||||20||942,926||939,391|
|Restricted funds|||||20||9,507||9,507|
|Unrestricted<br>funds||||||||||
|Designated<br>funds|||||20|3,321,657||4,006,092||
|General funds|||||20|35,403||66,768||
|Total unrestricted|funds||||||3,357,060||4,072,860|
|Total charity funds|||||||4,309,493||5,021,758|





## 

## 

||||||2020||2019||
|---|---|---|---|---|---|---|---|---|
|||||Note|||||
|Net cash flow from operating<br>activities (see below)||||||(640,778)||(82,624)|
|Cash flow from investing|activities||||||||
|Interest and dividends|received||||14,953||15,225||
|Purchase of property,<br>plant and equipment||||12|(10,257)||(255,694)||
|Net cash flow from investing<br>activities||||||4,696||(240,469)|
|Cash flow from financing|activities||||||||
|Receipts from issue of|new loans||||840,000||||
|Repayments<br>of long term loans|||||(71,022)||(44,983)||
|Net cash flow from investing<br>activities||||||768,978||(44,983)|
|Net increase/(decrease)<br>in cash and||cash|equivalents|||132,896||(368,076)|
|Cash and cash equivalents|at 1 August 2019|||||79,488||447,564|
|Cash and cash equivalents|at 31 July 2020|||||212,384||79,488|
|Cash and cash equivalents|consist|of:|||||||
|Cash at bank and<br>in hand||||25||212,384||79,488|
|Cash and cash equivalents|at 31 July 2020|||||212,384||79,488|
|Reconciliation<br>of net income to net||cash|flow from operating|activities|||||
||||||2020||2019||
|Net income for the year||||||(712,265)||(325,244)|
|Adjusted<br>for:|||||||||
|Interest and dividends|||||(14,953)||(15,225)||
|Interest paid|||||20,774||11,289||
|(Gains)/losses<br>on investments|||||21,166||(26,222)||
|(Profit)/loss<br>on disposal|oftangible|fixed|assets||192||||
|Depreciation<br>and impairment<br>of tangible|||fixed assets||10,224||11,599||
|Decrease/(increase)<br>in|debtors||||(533,286)||(29,880)||
|Increase/(decrease)<br>in|creditors less than one year||||(97,278)||212,978||
|Increase/(decrease)<br>in|provisions|for liabilities|||664,648||78,081||
|||||||71,487||242,620|
|||||||(640,778)||(82,624)|





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## 

|1.Donations<br>and legacies|||||
|---|---|---|---|---|
|||||2020|
||Unrestricted|Restricted|Endowment|Total|
||Funds|Funds|Funds|Funds|
|||||E|
|Donations|4,202|||4,202|
|Grants received|||||
||4,202|||4,202|
|||||2019|
||Unrestricted|Restricted|Endowment|Total|
||Funds|Funds|Funds|Funds|
|||||E|
|Donations|21,743|||21,743|
|Grants received|||||
||21,743|||21,743|



|||||||2020|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|Total|
||||Funds|Funds|Funds|Funds|
||||E|F|||
|Christmas||fair|25,405|||25,405|
|Other fundraising|||(57)|||(57)|
|Estate and||rental income|74,748|||74,748|
|Ancillary|income||36,490|||36,490|
||||136,586|||136,586|
|||||||2019|
||||Unrestricted|Restricted|Endowment|Total|
||||Funds|Funds|Funds|Funds|
||||E|E|E|E|
|Christmas||fair|27,404|||27,404|
|Other fundraising|||33|||33|
|Estate and||rental income|84,558|||84,558|
|Ancillary|income||67,262|||67,262|
||||179,257|||179,257|
|3.Income||from investments|||||
|||||||2020|
||||Unrestricted|Restricted|Endowment|Total|
||||Funds|Funds|Funds|Funds|
|||||E|E|E|
|Investment||income|14,896|||14,896|
|Bank interest|||57|||57|
||||14,953|||14,953|





## 

|||||||||2019|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Endowment|Total|
||||||Fundsf|Funds<br>F|Funds<br>8|Funds<br>E|
|Investment|income||||14,311|||14,311|
|Bank interest|||||914|||914|
||||||15,225|||15,225|
|4.Income from charitable||||activities|||||
|||||||||2020|
||||||Unrestricted|Restricted|Endowment|Total|
||||||Funds|Funds|Funds|Funds|
||||||E|E||8|
|Tuition fees|||||4,031,149|||4,031,149|
|Reduced fee||contracts|||(686,303)|||(686,303)|
|Chargeable|disbursements||||12,277|||12,277|
|Lunches and||catering|income||63,239|||63,239|
||||||3,420,362|||3,420,362|
|||||||||2019|
||||||Unrestricted|Restricted|Endowment|Total|
||||||Funds|Funds|Funds|Funds|
||||||E|8||E|
|Tuition fees|||||4,179,091|||4,179,091|
|Reduced fee||contracts|||(659,912)|||(659,912)|
|Chargeable|disbursements||||75,736|||75,736|
|Lunches and||catering|income||108,132|||108,132|
||||||3,703,047|||3,703,047|



## 

||||2020|
|---|---|---|---|
|Unrestricted|Restricted|Endowment|Total|
|Funds|Funds|Funds|Funds|
|F|E|f|f|
|471,641|||471,641|
|471,641|||471,641|
||||2019|
|Unrestricted|Restricted|Endowment|Total|
|Funds|Funds|Funds|Funds|
|E|E|6||





## 

## 

|6.Raising funds|6.Raising funds|||||||
|---|---|---|---|---|---|---|---|
||||||||2020|
|||||Unrestricted|Restricted|Endowment|Total|
|||||Funds|Funds|Funds|Funds|
|||||E|f||6|
|Ancillary|expenditure|||6,148|||6,148|
|Salary costs of raising funds||||22,746|||22,746|
|Christmas|fair and other|fundraising|costs|9,875|||9,875|
|Finance costs||||72,305|||72,305|
|Bad debts and provision||for bad debts||777|||777|
|||||111,851|||111,851|
||||||||2019|
|||||Unrestricted|Restricted|Endowment|Total|
|||||Funds|Funds|Funds|Funds|
|||||6|6|6||
|Ancillary|expenditure|||19,224|||19,224|
|Salary costs of raising funds||||22,590|||22,590|
|Christmas|fair and other|fundraising|costs|6,515|||6,515|
|Finance costs||||21,171|||21,171|
|Bad debts and provision||for bad debts||(2,277)|||(2,277)|
|||||67,223|||67,223|





## 

|7.Charitable<br>activities|7.Charitable<br>activities||||||||
|---|---|---|---|---|---|---|---|---|
|||||||||2020|
||||||Unrestricted|Restricted|Endowment|Total|
||||||Funds|Funds|Funds|Funds|
||||||F||f||
|Education|||||||||
|Teachers salaries|||||2,162,411|||2,162,411|
|Pension scheme|deficit|funding||agreement|850,348|||850,348|
|Staff training<br>and|development||||164,758|||164,758|
|Supplies and equipment|||||93,605|||93,605|
|Chargeable<br>disbursements|||cost||72,881|||72,881|
|Boarding and EFL costs|||||||||
|Conference costs|||||||||
|Depreciation|||||3,782|||3,782|
|Minibus costs|||||23,714|||23,714|
|Minibus depreciation|||||231|||231|
||||||3,371,730|||3,371,730|
|Welfare|||||||||
|Catering salaries|||||51,456|||51,456|
|Catering<br>supplies|and equipment||||32,187|||32,187|
|Medical salaries|||||25,425|||25,425|
|Medical|||||2,929|||2,929|
||||||111,997|||111,997|
|Premises|||||||||
|Health<br>and safety|||||12,966|||12,966|
|Estate salaries|||||202,876|||202,876|
|Property<br>maintenance|||||92,247|||92,247|
|Light and heat|||||88,833|||88,833|
|Insurance|||||56,531|||56,531|
|Cleaning|||||11,671|||11,671|
|Rates 8 water|||||49,931|||49,931|
|Buildings depreciation|||||||||
||||||515,055|||515,055|
|S~UII costs|||||||||
|Administration<br>salaries|||||399,851|||399,851|
|Telephone<br>and postage|||||7,083|||7,083|
|Printing<br>and stationery|||||7,747|||7,747|
|Communications|and PR||||(121)|||(121)|
|Insurance|||||6,260|||6,260|
|Office equipment|and IT||||46,213|||46,213|
|Legal and professional||fees|||92,93'I|||92,931|
|Subscriptions|||||19,290|||19,290|
|General<br>admin expenses|||||12,336|||12,336|
|Depreciation|||||6,211|||6,211|
|Governance<br>costs (see||note 8)|||30,409|||30,409|
||||||628,210|||628,210|
||||||4,626,992|||4,626,992|





## 

## 

## 

|||||||||2019|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Endowment|Total|
||||||Funds|Funds|Funds|Funds|
|||||||f|||
|Education|||||||||
|Teachers salaries|||||2,156,126|||2,156,126|
|Pension scheme|deficit|funding||agreement|257,242|||257,242|
|Staff training<br>and|development||||115,141|||115,141|
|Supplies<br>and equipment|||||117,864|||117,864|
|Chargeable<br>disbursements|||cost||131,516|||131,516|
|Boarding and EFL costs|||||43,716|||43,716|
|Conference costs|||||3,726|||3,726|
|Depreciation|||||3,952|||3,952|
|Minibus costs|||||41,160|||41,160|
|Minibus<br>depreciation|||||372|||372|
||||||2,870,815|||2,870,815|
|Welfare|||||||||
|Catering<br>salaries|||||61,437|||61,437|
|Catering<br>supplies|and equipment||||65,575|||65,575|
|Medical salaries|||||29,268|||29,268|
|Medical|||||3,097|||3,097|
||||||159,377|||159,377|
|Premises|||||||||
|Health and safety|||||6,522|||6,522|
|Estate salaries|||||181,459|||181,459|
|Property<br>maintenance|||||96,934|||96,934|
|Light and heat|||||85,942|||85,942|
|Insurance|||||45,633|||45,633|
|Cleaning|||||24,230|||24,230|
|Rates &water|||||39,325|||39,325|
|Buildings<br>depreciation|||||||||
||||||480,045|||480,045|
|~SU<br>Olt COStS|||||||||
|Administration<br>salaries|||||403,457|||403,457|
|Telephone<br>and postage|||||8,757|||8,757|
|Printing<br>and stationery|||||12,326|||12,326|
|Communications<br>and PR|||||19,670|||19,670|
|Insurance|||||4,458|||4,458|
|Office equipment|and IT||||60,303|||60,303|
|Legal and professional||fees|||138,526|||138,526|
|Subscriptions|||||5,691|||5,691|
|General<br>admin expenses|||||12,757|||12,757|
|Depreciation|||||7,275|||7,275|
|Governance<br>costs|(see|note|8)||20,058|||20,058|
||||||693,278|||693,278|
||||||4,203,515|||4,203,515|





## 

## 

||||||||||||||2020|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Unrestricted|Restricted|Endowment||Total|
||||||||||Fundsf|Funds<br>f|Funds||Funds|
|Salaries|||||||||10,000||||10,000|
|Auditors'|fees||- current||year||||9,900||||9,900|
|Council expenses|||||||||10,509||||10,509|
||||||||||30,409||||30,409|
||||||||||||||2019|
||||||||||Unrestricted|Restricted|Endowment||Total|
||||||||||Funds|Funds|Funds||Funds|
||||||||||E|E|E|||
|Salaries|||||||||10,000||||10,000|
|Auditors'|fees||- current||year||||9,000||||9,000|
|Council expenses|||||||||1,058||||1,058|
||||||||||20,058||||20,058|
|9.Fees payable to||||independent<br>auditors||||||||||
||||||||||||||2020|
||||||||||Unrestricted|Restricted|Endowment||Total|
||||||||||Funds|Funds|Funds||Funds|
||||||||||||||6|
|Auditors'|remuneration||||- current year||||9,900||||9,900|
||||||||||||||2019|
||||||||||Unrestricted|Restricted|Endowment||Total|
||||||||||Funds|Funds|Funds||Funds|
|||||||||||f||||
|Auditors'|remuneration||||- current year||||9,000||||9,000|
|10.Staff|costs and|||information||||||||||
||||||||||||2020||2019|
||||||||||||Total||Total|
||||||||||||6|||
|Gross wages|||||||||||2,569,023||2,606,374|
|Employer's||national||insurance||costs|||||199,578||199,123|
|Pension costs|||||||||||72,393||60,973|
|Termination||payments'|||||||||30,000||4,748|
||||||||||||2,870,994||2,871,218|
|*Termination|||payments||have|been made|in full settlement.|No additional|costs are expected to arise.|||||
||||||||||||2020||2019|
|Staff numbers:||||||||||||||
|Average||head count||||||||||130|153|





## 

## 


||||||2020|2019|
|---|---|---|---|---|---|---|
|Tuition fees|charged to 6(2019:4) Parent Trustees inclusive ofdiscounts||amounted|to|52,624|31,869|
|The following|individuals|who were trustees for all or part ofthe year were|educating|their children at the school:|||
|J Cohen|||||||
|H Hebrank|||||||
|E Maslen|||||||
|V King|||||||
|BOzgen|||||||
|TSouleiman|||||||





## 

## 

|12.Tangible fixed assets|12.Tangible fixed assets|12.Tangible fixed assets||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Machinery||||||
||||School|||&office|Fixtures|&|Motor|Classroom||
|||||site||equipment|fittings||vehicles|equipment|Total|
|||||F|||F.||||F|
|Cost||||||||||||
|Brought forward|||7,789,318|||393,046|283,714||40,968|308,366|8,815,412|
|Additions||||9,249|||1,008||||10,257|
|Disposals|||||||||(19,064)||(19,064)|
||||7,798,567|||393,046|284,722||21,904|308,366|8,806,605|
|Depreciation||||||||||||
|Accumulated<br>brought|forward|||||375,565|257,573||39,849|276,909|949,896|
|Charge||||||3,497|2,715||231|3,781|10,224|
|On disposals|||||||||(18,873)||(18,873)|
|||||||379,062|260,288||21,207|280,690|941,247|
|Net book value carried||forward|7,798,567|||13,984|24,434||697|27,676|7,865,358|
|Net book value brought||forward|7,789,318|||17,481|26,141||1,119|31,457|7,865,516|
|On transition<br>to FRS|102SORP (2015)a valuation,||||provided|by Strutt and|Parker, ofthe school||site has been|included as deemed|cost as at|
|August 2014.The site||is considered|for impairment||at each|balance sheet|date.|||||
|13.Investments||||||||||||
|||||||||||2020|2019|
|Listed investments||||||||||||
|Market value brought|forward|||||||||445,961|419,739|
|Additions<br>at cost||||||||||||
|Disposals at carrying|value|||||||||||
|Gains/(losses)<br>on revaluation||||||||||(21,166)|26,222|
|Market value carried|forward|||||||||424,795|445,961|
|The investments<br>above||are analysed|as follows:|||||||||
|Listed investments||||||||||133,870|158,571|
|Unit trusts and similar investments||||||||||290,926|287,391|
|||||||||||424,796|445,962|
|14.Assets held for sale||||||||||||
|||||||||||2020|2019|
|||||||||||8||
|Property<br>for sale||||||||||710,000|710,000|
|||||||||||710,000|710,000|





## 

## 

## 

|15.Debtors||||
|---|---|---|---|
|||2020|2019|
|Fees outstanding||976,662|580,275|
|Fee provision||(318,000)|(318,000)|
|Prepayments||76,026|95,303|
|Other debtors||162,147|5,971|
|||896,835|363,549|
|16.Creditors: amounts|falling due in less than one year|||
|||2020|2019|
|Bank overdraft|||108,504|
|Loans||71,763|32,761|
|Trade creditors||69,213|187,848|
|Fees in advance|||39,464|
|Deposits from parents||40,982|40,982|
|Other creditors and accruals||436,346|267,020|
|||618,304|676,579|
|17.Creditors: amounts|falling due after one year|||
|||2020|2019|
|Loans||1,173,063|422,313|
|||1,173,063|422,313|



|18.Defined benefit|pension sc|heme<br>liability|||
|---|---|---|---|---|
||||2020|2019|
|Brought forward|||3,343,864|3,265,783|
|Payments<br>made|||(185,700)|(179,161)|
|Charge to statement|offinancial|activities|850,348|257,242|
|Carried forward|||4,008,512|3,343,864|





## 

## 

## 

|||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|---|
|||||General|Designated|Restricted|Endowment|Total|Total|
|||||funds|funds|funds|funds|funds|funds|
||||||E|E|E|E|6|
|Tangible assets|||||7,213,358||652,000|7,865,358|7,865,516|
|Investments||||17,058|116,811||290,926|424,795|445,961|
|Current assets||||1,809,712||9,507||1,819,219|1,153,037|
|Creditors:<br>&1 year||||(618,304)||||(618,304)|(676,579)|
|Creditors:<br>&1 year||||(1,173,063)||||(1,173,063)|(422,313)|
|Pension scheme|deficit||||(4,008,512)|||(4,008,512)|(3,343,864)|
|Net assets at 31July 2020||||35,403|3,321,657|9,507|942,926|4,309,493|5,021,758|
|20.Analysis ofmovement|||in funds|||||||
||||||||Unrealised|||
|||||Brought|Incoming|Outgoing|gains/||Carried|
|||||forward|resources|resources|(losses)|Transfers|forward|
|||||||||6|E|
|Permanent<br>endowment||funds||||||||
|Permanent<br>Endowment||Fund||652,000|||||652,000|
|Endowment<br>Recoupment||Fund||287,391|||3,535||290,926|
|Total endowment|funds|||939,391|||3,535||942,926|
|Restricted funds||||||||||
|ESCC||||3,000|||||3,000|
|Clockhouse<br>Fund||||3,789|||||3,789|
|Natural<br>England|Fund|||2,718|||||2,718|
|Total restricted|funds|||9,507|||||9,507|
|Designated<br>and|general|funds||||||||
|WO Field bequest||||136,440|||(19,629)||116,811|
|Pension<br>deficit (see note||18)||(3,343,864)||(850,348)||185,700|(4,008,512)|
|Fixed asset reserve (see||note 12)||7,213,516||(10,226)||10,068|7,213,358|
|Total designated|funds|||4,006,092||(860,574)|(19,629)|195,768|3,321,657|
|General reserves||||66,768|4,047,744|(3,878,269)|(5,072)|(195,768)|35,403|
|Total unrestricted<br>funds||||4,072,860|4,047,744|(4,738,843)|(24,701)||3,357,060|
|Total funds||||5,021,758|4,047,744|(4,738,843)|(21,166)||4,309,493|



## 



## 

## 

|21.Transfer between funds|21.Transfer between funds|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Unrestricted|Funds|
|From||||To||||||General<br>f|Designated|
|Transfer|1|||||||||||
|General|fund|||Pension||deficit||||(185,700)|185,700|
|||||||||||(185,700)|185,700|
|Transfer|offunds from unrestricted||general funds representing||payments||made during|the|year.|||
|Transfer|2|||||||||||
|Fixed asset reserve (see note||18)||General||fund||||(10,068)|10,068|
|||||||||||(10,068)|10,068|
|Transfer|offunds to unrestricted|general||funds to match costs|previously||borne by general||funds.|||



## 

|The carryin|g<br>amou|nts|ofthe|c|harity's<br>fin|ancial<br>instruments<br>are as follows:|||
|---|---|---|---|---|---|---|---|---|
||||||||2020|2019|
||||||||Total|Total|
||||||||Funds|Funds|
|||||||||F|
|Financial assets|||||||||
|Measured|at fair value||through||net income/(expenditure):||||
|Fixed|asset investments||||(note 13)||424,795|445,961|
||||||||424,795|445,961|
|Debt instruments||measured||at amortised||cost:|||
|Trade|debtors|(note 15)|||||976,662|580,275|
||||||||976,662|580,275|
|Financial liabilities|||||||||
|Measured|at amortised||cost:||||||
|Trade|creditors (note 16)||||||69,213|187,848|
|Bank|loan (notes||16and||17)||1,244,826|455,074|
||||||||1,314,039|642,922|





## 

## 

|23.Financial|instruments|instruments|(continued)|(continued)|(continued)|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|The income, expense,||net|gains||and net|losses|attributable|to the charity's|financial|instruments|are summarised|as follows:||
|||||||||||||2020|2019|
|||||||||||||Total|Total|
|||||||||||||Funds|Funds|
|||||||||||||2||
|income and expense||||||||||||||
|Financial assets measured|||at fair value through||||net income/(expenditure)|||||||
|Investment|income|||||||||||14,896|14,311|
|||||||||||||14,896|14,311|
|Net gains and|losses (including|||changes||in fair|value)|||||||
|Financial assets measured|||at fair value through||||net income/(expenditure)|||||||
|Unrealised|gains/(losses)|||on investments||||||||(21,166)|26,222|
|||||||||||||(21,166)|26,222|



|24.Operating<br>leases||||||||||
|---|---|---|---|---|---|---|---|---|---|
|At the balance sheet date|the school had|total future|minimum|lease payments||under non-cancellable<br>operating||leases payable as follows:||
|||Office||||2020|Office||2019|
|||equipment||||Total|equipment|Vehicles|Total|
||||||||||6|
|In less than one year||||16,315||16,315|1,629|16,315|17,944|
|In more than one year less than five year||||16,315||16,315||16,315|16,315|
|More than five years||||23,113||23,113||39,428|39,428|
|||||55,743||55,743|1,629|72,058|73,687|
|25.Analysis ofchanges|in net debt|||||||||
|||||2018|Cash flows||2019|Cash flows|2020|
|||||'Z|||6|6|6|
|Long term borrowings||||488,769||(33,695)|455,074|789,752|1,244,826|
|Short term borrowings||||||108,504|108,504|(108,504)||
|Total liabilities||||488,769||74,809|563,578|681,248|1,244,826|
|Cash and cash equivalents||||(447,564)||368,076|(79,488)|(132,896)|(212,384)|
|Total net debt||||41,205||442,885|484,090|548,352|1,032,442|





## 

## 

|26.Comparative<br>Statement of|26.Comparative<br>Statement of|Financial|Activities<br>and|Analysis of|movement<br>in funds|||||
|---|---|---|---|---|---|---|---|---|---|
||||||||||2019|
||||||Unrestricted|Restricted||Endowment|Total|
||||||Funds|Funds||Funds|Funds|
||||Note||E|E||E||
|INCOME AND ENDOWMENTS||FROM:||||||||
|Donations<br>and legacies|||||21,743||||21,743|
|Other trading<br>activities|||||179,257||||179,257|
|Investments|||||15,225||||15,225|
|Charitable<br>activities|||||3,703,047||||3,703,047|
|Other||||||||||
|Total|||||3,919,272||||3,919,272|
|EXPENDITURE ON:||||||||||
|Raising funds|||||67,223||||67,223|
|Charitable<br>activities|||||4,203,515||||4,203,515|
|Total|||||4,270,738||||4,270,738|
|Net gains/(losses)<br>on investments|||13||(1,001)|||27,223|26,222|
|Net income/(expenditure)|||||(352,467)|||27,223|(325,244)|
|Transfers<br>between funds|||20|||||||
|Net movement<br>in funds|||||(352,467)|||27,223|(325,244)|
|RECONCILIATION<br>OF FUNDS||||||||||
|Total funds brought<br>forward|||20||4,425,327|9,507||912,168|5,347,002|
|Total funds carried forward|||20||4,072,860|9,507||939,391|5,021,758|
|||||||Unrealised||||
||||Brought|Incoming|Outgoing|gains/|||Carried|
||||forward<br>f|resources<br>E|resources<br>E|(losses)<br>E||Transfers<br>E|forward|
|Permanent<br>endowment|funds|||||||||
|Permanent<br>Endowment|Fund||652,000||||||652,000|
|Endowment<br>Recoupment|Fund||260,168|||27,223|||287,391|
|Total endowment<br>funds|||912,168|||27,223|||939,391|
|Restricted funds||||||||||
|ESCC|||3,000||||||3,000|
|Clockhouse<br>Fund|||3,789||||||3,789|
|Natural<br>England<br>Fund|||2,718||||||2,718|
|Total restricted<br>funds|||9,507||||||9,507|
|Designated<br>and general|funds|||||||||
|WO Field bequest|||137,870||||(27)|(1,403)|136,440|
|Pension<br>deficit (see note|18)||(3,265,783)||(257,242)|||179,161|(3,343,864)|
|Fixed asset reserve (see|note 12)||6,969,421||(11,599)|||255,694|7,213,516|
|Total designated<br>funds|||3,841,508||(268,841)||(27)|433,452|4,006,092|
|General reserves|||583,819|3,919,272|(4,001,897)|(974)||(433,452)|66,768|
|Total unrestricted<br>funds|||4,425,327|3,919,272|(4,270,738)|(1,001)|||4,072,860|
|Total funds|||5,347,002|3,919,272|(4,270,738)|26,222|||5,021,758|





## 

## 

##