2021-08-31-accounts

	Page
Reference and administrative details ofthe School, its Trustees and advisers
Trustees' report	2-8
Trustees' responsibilities statement
Independent auditors' report on the financial statements	10-13
Consolidated statement offinancial activities	14
Consolidated balance sheet	15
School balance sheet	16
Consolidated statement ofcash flows	17
Notes to the financial statements	18-37

REFERENCE AND	REFERENCE AND	REFERENCE AND	ADMINISTRATIVE	DETAILS OF THE SCHOOL, ITSTRUSTEES AND ADVISERS	DETAILS OF THE SCHOOL, ITSTRUSTEES AND ADVISERS	DETAILS OF THE SCHOOL, ITSTRUSTEES AND ADVISERS
			FOR THE	YEAR ENDED 31AUGUST 2021
			EV Everett (resigned		31 July 2021)1
			A M Piper (resigned		10March 2022)
			A Rainbow1
			M J L Commander
			D E Clayton-Hatfield
			SBartleetr
			J A Fraser (resigned		6 July 2121)1
			J Giles, Chair
			J M Mills
			D M Thomasl
			M Puckett (resigned		3 February 2021)1
			'
			Member ofthe	Finance and General Purposes		Committee
Company	registered
number			00893985
Charity registered
number			307014
Registered		office	Vinehall Road
			Roberts bridge
			East Sussex
			TN32 5JL
Headmaster			J Powis BSc
Company	secretary		W R Walker
Independent		auditors	Knill James LLP
			Chartered Accountants
			Statutory Auditor
			One Bell Lane
			Lewes
			East Sussex
			BN7 1JU
Bankers			National Westminster		Bank Pic
			24 Havelock Road
			Hastings
			East Sussex
			TN34 1BW
Solicitors			Veale Wasborough	Vizards LLP
			PO Box3501
			Bristol
			BS22FL

				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Note	2021f	2021 E	2021	2020
Income from:
Donations and legacies				51,642	1,554	53,196	129,632
Charitable activities				2,580,314		2„5&0,314	2,812,880
Other trading activities				95,797		95,797	96,990
Investments				39		39	9,265
Other income				784,134		784,134
Total income				3,511,926	1,554	3,513,480	3,048,767
Expenditure on:
Raising funds				25,683		25,683	24,887
Charitable activities			9	3,339,003	25,467	3,364,470	3,844,707
Total expenditure				3,364,686	25,467	3,390,153	3,869,594
Net movement in funds before other
recognised gains/(losses)				147,240	(23,913)	123,327	(820,827)
Other recognised	gains/(losses):
(Losses)/gains on revaluation		offixed
assets				(1,512,246)		(1,512,246)	3,715,448
Net movement in funds				(1,365,006)	(23,913)	(1,388,919)	2,894,621
Reconciliation offunds:
Total funds brought	forward			6,981,159	135,979	7,117,138	4,222,517
Net movement in funds				(1,365,006)	(23,913)	(1,388,919)	2,894,621
Total funds carried	forward			5,616,153	112,066	5,728,219	7,117,138

				2021		2020
		Note				E
Fixed assets
Tangible assets		14		5,419,971		7,193,482
Current assets
Stocks		16	513		514
Debtors		17	134,378		171,366
Cash at bank and	in hand		815,202		509,433
			950,093		681,313
Creditors: amounts	falling due within one
year		18	(495,517)		(602,727)
Net current assets				454,576		78,586
Total assets less	current liabilities			5,874,547		7,272,068
Creditors: amounts	falling due after more
than one year		19		(146,329)		054,930)
Total net assets				5,728,218		7,117,138
Charity funds
Restricted funds		20		112,066		135,979
Unrestricted funds		20		5,616,152		6,981,159
Total funds				5,728,218		7,117,138

		SCHOOL BALANCE SHEET	SCHOOL BALANCE SHEET
		AS AT 31	AUGUST 2021
			2021		2020
		Note			E
Fixed assets
Tangible assets		14	5,419,971		7,193,482
Investments		15	100		100
			5,420,071		7,193,582
Current assets
Stocks		16	513	514
Debtors		17	134,377	171,366
Cash at bank and in hand			815,202	509,333
			950,092	681,213
Creditors: amounts	falling due within one
year		18	(495,516)	(602,727)
Net current assets			454,576		78,486
Total assets less current liabilities			5,874,647		7,272,068
Creditors: amounts	falling due after more
than one year		19	(146,329)		(154,930)
Total net assets			5,728,318		7,117,138
Charity funds
Restricted funds		20	112,066		135,979
Unrestricted funds		20	5,616,252		6,981,159
Total funds			5,728,318		7,117,138

			2021	2020
			E	E
Cash flows from operating activities
Net cash	used in operating activities		(6&5,634)	(884,927)
Cash flows from investing activities
Dividends,	interests and rents from investments		39	9,625
Proceeds	from the sale oftangible fixed assets		991,644
Purchase	oftangible fixed assets		(280)
Net cash	provided by investing activities		991,403	9,625
Change in cash and cash equivalents in		the year	305,769	(875,302)
Cash and	cash equivalents at the beginning	ofthe year	509,433	1,384,735
Cash and	cash equivalents at the end of	the year	815,202	509,433
The notes	on pages 18to 37form part ofthese financial statements

Freehold property	- Straight	line over 50years
Motor vehicles Fixtures and fittings	- Straight - Straight	line over 5years line over 15years
Office equipment	- Straight	line over 5years

				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
				2021	2021	2021	2020
				F		E	E
	Donations				1,554	1,554	26,510
	CJRS Furlough	grants		51,642		51,642	103,122
				51,642	1,554	53,196	129,632
	Total 2020			103,122	26,510	129,632
5.	Income from charitable		activities
					Unrestricted	Total	Total
					funds	funds	funds
					2021f	2021	2020
	School fees receivable				2,440,128	2,440,128	2,725,937
	Extra School services				140,186	140,186	86,943
	Total 2021				2,580,314	2,580,314	2,812,880
	Total 2020				2,812,880	2,812,880

				Unrestricted	Total	Total
				funds	funds	funds
				2021	2021	2020
					f.
	Letting income			50,504	50„504	46,545
	Sundry sales			5,919	5,919	9,544
	Music Society			39,374	39,374	40,901
				95,797	95,797	96,990
	Total 2020			96,990	96,990
7.	Investment	income
				Unrestricted	Total	Total
				funds	funds	funds
				2021f	2021	2020 E
	Bank interest	receivable			39	9,265
8.	Other incoming		resources
				Unrestricted	Total	Total
				funds	funds	funds
				2021	2021	2020
	Profit on disposal		offixed assets	784,134	784,134

		Activities
		undertaken	Support	Total	Total
		directly	costs	funds	funds
		2021	2021	2021	2020
		f.			E
Education		2,401,358	963,113	3,364,471	3,844,707
Total 2020		3,142,147	702,560	3,844,707
Analysis of	direct costs
				Total	Total
				funds	funds
				2021	2020
				F	E
Staff costs				1,407,241	2,032,791
Depreciation				61,513	174,375
Other costs				894,419	869,105
Awards and	bursaries			25,467	55,663
Governance	costs			12,718	10,213
				2„401,358	3,142,147

		Total	Total
		funds	funds
		2021	2020
		f.
Staff costs		639,767	271,503
Depreciation		4,900	4,900
Other costs		305,201	415,571
Governance	costs	13,245	10,586
		963,113	702,560

			2021f	2020
Fees payable	to the School's auditor	for the audit ofthe School's annual
accounts			10,400	9,900
Fees payable	to the School's auditor	in respect of:
additional costs in respect ofthe prior year audit			1,000	3,750
All assurance	services not included	above	700	925
All non-audit	services not included above			1,500

	Group	Group	School	School
	2021	2020	2021	2020
Wages and salaries	1,557,772	1,843,471	1,557,7T2	1,843,471
Social security costs	144,903	161,227	144,903	161,227
Pension costs	357,052	309,809	357,052	309,809
	2,059,727	2,314,507	2,059,727	2,314,507

				Group	Group
				2021	2020
				No.	No.
Teaching	-	full	time	21	23
Teaching	-	part	time	14	17
Welfare				7	6
Premises				8	10
Support				10	13
				60	69

Group	Group
2021	2020
No.	No.

	Freehold	Motor	Fixtures and	Office
	property	vehicles	fittings f	equipment	Totalf
Cost or valuation
At 1 September 2020	8,670,441	6,620	1,814,710	348,162	10,839,933
Additions			280		280
Disposals	(250,000)		(14,224)		(264,224)
Revaluations	(1,512,246)				(1,512,246)
At 31August 2021	6,908,195	6,620	1,800,766	348,162	9,063,743
Depreciation
At 1 September 2020	2,275,441	6,620	1,016,228	348,162	3,646,451
Charge for the year			66,413		66,413
On disposals	(67,246)		(1,846)		(69,092)
At 31August 2021	2,208,195	6,620	1,080,795	348,162	3,643,772
Net book value
At 31 August 2021	4,700,000		719,971		5,419,971
At 31August 2020	6,395,000		798,482		7,193,482

	Investments
	in
	subsid&ary
School	companies
Cost or valuation
At 1 September 2020	100
At 31 August 2021	100
Net book value
At 31 August 2021
At 31August 2020	100

					Group	Group	School	School
					2021f	2020	2021f	2020
	Consumabies,	books	and	provisions	513	514	513	514
17.	Debtors

		Group	Group	School	School
		2021	2020	2021	2020
		E	E	f.	E
Due within one year
Fees		86,191	'/00,299	86,191	100,299
Other debtors		40,745	40,197	40,744	40, '/97
Prepayments	and accrued income	7,442	30,870	7,442	30,870
		134,378	171,366	134,377	171,366

			Group	Group	School	School
			2021	2020	2021	2020
			E	E
Fees received	in advance		315,698	325,550	315,698	325,550
Trade creditors			101,477	124,181	101,477	124,181
Other taxation	and social security		24,656	50,223	24,656	50,223
Other creditors			37,466	45,486	37,466	45,486
Accruals and deferred		income	16,220	57,287	16,219	57,287
			495,517	602,727	495,516	602,727
Creditors: Amounts		falling due after more than one year
			Group	Group	School	School
			2021	2020	2021	2020
Pupil deposits			146,329	154,930	146,329	154,930

			Balance at 1 September 2020	Income	Expenditure	Transfers in/out	Gains/ (Losses)	Balance at 31August 2021
					E	F		F
Unrestricted
funds
General	Funds		6,981,159	3,511,926	(3,364,687)		(1,512,246)	5,616,152
Restricted
funds
Foundation		Fund	56,530		(24,717)	(4,074)		27,739
Pavilion	Fund		57,515			5„200		62,715
Year 8 leaving
fund ESCC grant			2,075 179			(947) (179)		1,128
Hardship	Fund		19,680	1,554	(750)			20,484
			135,979	1,554	(25,467)			112,066
Total of	funds		7,117,138	3,513,480	(3,390,154)		(1,512,246)	5,728,218

		Balance at				Balance at
		1September 2019	income	Expenditure	Gains/ (Losses)	31August 2020
		E
Unrestricted	funds
General Funds		4,057,385	3,022,257	(3,813,931)	3,715,448	6,981,159
Restricted funds
Foundation Fund		105,363	5,830	(54,663)		56,530
Pavilion Fund		57,515				57,515
Year 8 leaving	fund	2,075				2,075
ESCC grant		179				179
Hardship Fund			20,680	(1,000)		19,680
		165,132	26,510	(55,663)		135,979
Total offunds		4,222,517	3,048,767	(3,869,594)	3,715,448	7,117,138

Analysis of n	et assets between funds - current year
		Unrestricted	Restricted	Total
		funds	funds	funds
		2021	2021	2021
			E
Tangible fixed	assets	5,419,971		5,419,971
Current assets		838,027	112,066	950,093
Creditors due	within one year	(495,517)		(495,517)
Creditors due	in more than one year	(146,329)		(146,329)
Total		5,616,152	112,066	5,728,218
Analysis ofnet assets between funds -prior year
		Unrestricted	Restricted	Total
		funds	funds	funds
		2020	2020	2020
		E	E
Tangible fixed	assets	7,193,482		7,193,482
Current assets		545,334	135,979	681,313
Creditors due within one year		(602,727)		(602,727)
Creditors due in more than one year		(154,930)		(154,930)
Total		6,981,159	135,979	7,117,138

													Group		Group
													2021		2020
	Net income/expenditure				for	the	year	(as	per	Statement	of	Financial
	Activities)												123,327		(820,827)
	Adjustments	for:
	Depreciation	charges											66,413		179,275
	Profit on disposal of			fixed assets									(796,512)
	Dividends, interests		and		rents	from	investments						(39)		(9,625)
	Decrease in	stocks													4,761
	Decrease/(increase)			in debtors									36,988		(76,441)
	Decrease in	creditors											(107,210)		(197,660)
	Decrease/(increase)			in long term creditors									(8,601)		35,590
	Net cash used in operating					activities							(685,634)		(884,927)
23.	Analysis of	cash and cash equivalents
													Group		Group
													2021		2020
															E
	Cash in hand												815,202		509,433
	Total cash and cash			equivalents									815,202		509,433
24.	Analysis of	changes		in	net debt
												At 1
											September				At 31
												2020	Cash flows	August 2021
													f.		F
	Cash at bank	and in hand										509,433	305,769		815,202
												509,433	305,769		815,202

			Group	Group	School	School
			2021	2020	2021	2020
			K	E
Not later than		1 year	26,097	3,342	26,097	3,342
Later than	1 year and not later than 5years		31,653	40,363	31,653	40,363
Later than	5 years		866	2,466	866	2,466
			58,616	46,171	58,616	46,171