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|Trustees|||J E Bowry|||
|---|---|---|---|---|---|
||||S Deans|||
||||M Gibrill|||
||||C Johns|||
||||N M SG Bartholomew|||
||||MrST Lashley|(Appointed|14February 2021)|
|Charity number|||307024|||
|Company||number|00543113|||
|Registered||office and|Bolney Court|||
|principal|address||Crossways|||
||||Bolnay|||
||||Haywards
Heath|||
||||West Sussex|||
||||RH17 5RD|||
|Auditor|||TC Group|||
||||The Courtyard|||
||||Shoreham
Road|||
||||Upper Beeding|||
||||Steyning|||
||||West Sussex|||
||||BN44 3TN|||
|Accountant|||Moore (South) LLP|||
||||gst Johns Place|||
||||Newport|||
||||Isle ofWight|||
||||PO30 1LH|||
|Bankers|||NatWest Bank Pic|||
||||1 Muster Green|||
||||Haywards
Heath|||
||||West Sussex|||
||||RH16 4AP|||
##
##
|||Page|
|---|---|---|
|Trustees'
report||1 - 11|
|Independent
auditor's|report|12 - 14|
|Statement offinancial|activities|15|
|Balance sheet|||
|Statement ofcash flows||17|
|Notes to the financial|statements|18-32|
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|WE VALUE|WE AIM TO||||||
|---|---|---|---|---|---|---|
|LEARNING|~ Create
nurturing,
challenging||and|empowering||learning|
||opportunities
for children,
young people, staff||||and parents||
|INCLUSION|Offer a broad,
balanced
curriculum|that is relevant
and accessible|||||
||for all children
and young people.||||||
|ACHIEVENIENT|~ Celebrate the achievements
and successes ofeach individual||||||
|COMMUNICATION|~ Ensure everyone has a voice and their contribution
is valued||||||
|RESPONSIBILITY|~ Secure
the
accountability
of
all
through|||distributive
leadership,|||
||rigorous
monitoring
and evaluation||||||
|REFLECTION|~ Improve
future
performance
through||the continuous
evaluation
of||||
||our practice||||||
|CREATIVITY|Think
outside
the
box and
try
new||ideas||to continuously|raise|
||standards||||||
|COMMUNITY|~ Foster
positive
working
relationships||with||parents,
multi-agency||
||professionals
and the local community||||||
|DIVERSITY|~ Promote
tolerance
and respect for|individual|||differences,
abilities,||
||needs and beliefs||||||
|WELL-BEING|~ Create
a safe, caring
environment|in which|||everyone
is|healthy,|
||happy and ready to learn||||||
|TRANSITION|~ Equip
children,
young
people
and||families||with
the
knowledge,||
||skills, independence
and resilience to||face future challenges||||
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|||||Unrestricted|Restricted|Total|Unrestricted|Restdicted|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|funds||
|||||2021|2021|2021|2020|2020|2020|
|||Notes||6|6||F|6||
|In
and en||en|from|||||||
|Donations
and legacies||||112,364|15,485|127,849|5,819|33,984|39,803|
|Charitable
activities||||3,397,213|21,357|3,418,570|3,237,363|13,238|3,250,601|
|Other trading
activities||||1,838||1,838||||
|Investments||||16,564||16,564|29,688||29,688|
|Other income||||4,037||4,037|371||371|
|Total income||||3,532,016|36,842|3,568,858|3,273,241|47,222|3,320,463|
|Ex
n
ture on:||||||||||
|Raising funds|||8|2,535||2,535|2,746||2,746|
|Charitable
activities|||9|3,410,680|52,094|3,462,774|3,481,488|49,592|3,531,080|
|Total resources||||||||||
|expended||||3,413,215|52,094|3,465,309|3,484,234|49,592|3,533,826|
|Net gains/(losses)||on||||||||
|investments|||13|92,718||92,718||||
|Net incoming/||||||||||
|(outgoing) resources||||||||||
|before transfers||||211,519|(15,252)|196,267|(210,993)|(2,370)|(213,363)|
|Gross transfers||||||||||
|between
funds|||20|(2,379)|2,379||11,429|(11,429)||
|Net income/(expenditure)||||||||||
|forthe year/||||||||||
|Net movement|in|funds||209,140|(12,873)|196,267|(199,564)|(13,799)|(213,363)|
|Fund balances at 1||||||||||
|September 2020||||4,710,205|25,482|4,735,687|4,909,769|39,281|4,949,050|
|Fund balances|at|31||||||||
|August 2021||||4,919,345|12,609|4,931,954|4,710,205|25,482|4,735,687|
##
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|||||2021||2020||
|---|---|---|---|---|---|---|---|
||||Notes|6||6||
|Fixed assets||||||||
|Tangible assets|||14||2,007,820||1,836,636|
|Investment|properties||15||750,000||657,282|
||||||2,757,820||2,493,918|
|Current assets||||||||
|Debtors|||16|1,046,446||1,070,623||
|Cash at bank and in||hand||2,877,153||2,518,506||
|||||3,923,599||3,589,129||
|Creditors:|amounts|falling due within||||||
|one year|||17|(1,547,836)||(1,149,769)||
|Net current|assets||||2,375,763||2,439,360|
|Total assets less current liabilities|||||5,133,583||4,933,278|
|Creditors:|amounts|falling due after||||||
|more than|one year||18||(201,629)||(197,591)|
|Net assets|||||4,931,954||4,735,687|
|Income funds||||||||
|Restricted|funds||20||12,609||25,482|
|Unrestricted|funds||||4,919,345||4,710,205|
||||||4,931,954||4,735,687|
##
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||||||2021||2020|
|---|---|---|---|---|---|---|---|
|||||Notes|6|||
|Cash flows from operating||activities||||||
|Cash generated
from/(absorbed|||by)|26||||
|operations||||||574,714|(481,959)|
|Investing
activities||||||||
|Purchase oftangible fixed|assets||||(236,531)||(51,050)|
|Proceeds on disposal oftangible|||fixed|||||
|assets|||||3,900||160|
|Interest received|||||9||11,337|
|Rent received|||||16,555||18,351|
|Net cash used in investing||activities||||(216,067)|(21,202)|
|Net increase/(decrease)|in|cash and||cash||||
|equivalents||||||358,647|(503,161)|
|Cash and cash equivalents||at beginning||ofyear||2,518,506|3,021,667|
|Cash and cash equivalents||at end of||year||2,877,153|2,518,506|
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||Unrestricted|Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
|||2021|2021|2021|2020|2020|2020|
|||6|6|6|6|f||
|Donations
and gifts|||15,485|15,485||33,984|33,984|
|Grants||112,364||112,364|5,819||5,819|
|||112,364|15,485|127,849|5,819|33,984|39,803|
|Charitable|activities|||||||
|||||||2021|2020|
|||||||F|6|
|School fees within charitable||activities||||3,397,213|3,237,363|
|Pupil Premium||||||21,357|13,238|
|||||||3,418,570|3,250,601|
|Analysis
by|fund|||||||
|Unrestricted|funds|||||3,397,213||
|Restdcted funds||||||21,357||
|||||||3,418,570||
|For the year ended 31August 2020||||||||
|Unrestricted|funds||||||3,237,363|
|Restricted funds|||||||13,238|
||||||||3,250,601|
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|||Unrestricted|Total|
|---|---|---|---|
|||funds||
|||2021|2020|
|||6|F|
||Letting and licensing arrangements|1,838||
|6|Investments|||
|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2021|2020|
|||||F|6|
||Rental income|||16,555|18,351|
||Interest receivable|||9|11,337|
|||||16,564|29,688|
|7|Other income|||||
|||||Unrestricted|Unrestdicted|
|||||funds|funds|
|||||2021|2020|
|||||6|6|
||Net gain on|disposal oftangible fixed assets||3,900|160|
||Miscellaneous||income|137|211|
|||||4,037|371|
|8|Raising funds|||||
|||||2021|2020|
|||||6|6|
||Investment|property costs||2,535|2,746|
|||||2,535|2,746|
##
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|||2021|2020|
|---|---|---|---|
|||8|F|
|Establishment||485,690|528,556|
|Schoolexpenses||2,553,204|2,577,707|
|||3,038,894|3,106,263|
|Share ofsupport costs (see note 10)||405,482|406,487|
|Share ofgovernance|costs (see note 10)|18,398|18,330|
|||3,462,774|3,531,080|
|Analysis
by fund||||
|Unrestricted
funds||3,410,680||
|Restricted funds||52,094||
|||3,462,774||
|For the year ended|31August 2020|||
|Unrestricted
funds|||3,481,488|
|Restricted funds|||49,592|
||||3,531,080|
##
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|Support costs|||||
|---|---|---|---|---|
||Support|Governance|2021|2020|
||costsf|costsf|||
|Depreciation|65,347||65,347|65,662|
|Salaries|190,230||190,230|179,983|
|Staff training||eee|888|2,473|
|Sundry|621|942|1,563|3,755|
|Telephone|17,093||17,093|16,837|
|Oflice costs|8,435||8,435|8,357|
|Motor expenses|18,296||18,296|22,550|
|Computer expenses|54,089||54,089|34,902|
|Payroll|3,324||3,324|3,391|
|Professional fees|47,395||47,395|69,776|
|Bank charges|652||652|931|
|Audit fees||12,368|12,368|12,000|
|Accountancy||4,200|4,200|4,200|
||405,482|18,398|423,880|424,817|
##
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|The av|erage
|monthly
number ofem|ployees
during the year wa|s:||
|---|---|---|---|---|---|
|||||2021|2020|
|||||Number|Number|
|School||||57|72|
|Establishment||||10|9|
|Administration||||6|4|
|||||73|85|
|Employment||costs||2021|2020|
|||||6|6|
|Wages|and salades|||2,231,915|2,101,750|
|Social security||costs||203,475|188,825|
|Other pension||costs||217,313|187,008|
|Benefits|in kind - healthcare|||27,965|37,195|
|Change|in present value for pension||obligation|16,595|4,945|
|||||2,697,263|2,519,723|
|more we|re|:|,||
|---|---|---|---|---|
||||2021|2020|
||||Number|Number|
|F60,000|-|669,999|1|2|
|F90,000|-|699,999|1||
##
||||Unrestricted|Total|
|---|---|---|---|---|
||||funds||
||||2021|2020|
||||6||
|Revaluation|ofinvestment|properties|92,718||
##
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|14|Tangible fixed assets|Tangible fixed assets|Tangible fixed assets|||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Freehold land|Plant and|Fixtures and|Motor|Total|
||||||and buildings|equipment|fittings|vehicles||
||||||8|F|8|F||
||Cost|||||||||
||At 1 September 2020||||3,931,723|278,282|371,991|49,179|4,631,175|
||Additions||||207,119|29,412|||236,531|
||Disposals|||||(45,133)||(20,500)|(65,633)|
||At 31August|2021|||4,138,842|262,561|371,991|28,679|4,802,073|
||Depreciation|and impairment||||||||
||At 1 September 2020||||2,176,887|263,802|306,632|47,218|2,794,539|
||Depreciation|charged|in the|year|42,795|6,253|14,338|1,961|65,347|
||Eliminated
in respect||ofdisposals|||(45,133)||(20,500)|(65,633)|
||At 31August|2021|||2,219,682|224,922|320,970|28,679|2,794,253|
||Canying
amount|||||||||
||At 31August|2021|||1,919,160|37,639|51,021||2,007,820|
||At 31August|2020|||1,754,836|14,480|65,359|1,961|1,836,636|
|15|Investment|property||||||||
||||||||||2021|
||||||||||6|
||Fair value|||||||||
||At 1 September 2020||||||||657,282|
||Net gains or|losses through||fair value|adjustments||||92,718|
||At 31August|2021|||||||750,000|
||||2021|2020|
|---|---|---|---|---|
|||||6|
|Cost|||657,282|657,282|
|Accumulated||depreciation|||
|Carrying|amount||657,282|657,282|
##
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|16|Debtors||||
|---|---|---|---|---|
||Amounts
falling due within one year:||2021f|2020
F|
||School fees receiveable||988,134|1,027,198|
||Prepayments
and accrued income||58,312|43,425|
||||1,046,446|1,070,623|
|17|Creditors: amounts|falling due within one year|||
||||2021|2020|
||||6|F|
||Other taxation and social security|||18,429|
||Payments
received on account||1,343,423|1,027,196|
||Trade creditors||172,453|62,257|
||Other creditors||13,120|12,952|
||Accruals and deferred|income|18,840|28,935|
||||1,547,836|1,149,769|
|18|Creditors: amounts|falling due after more than one year|||
||||2021|2020|
||||F||
||Future
liabilities
in respect offormer staff obligations (see||||
||note 23)||201,629|197,591|
##
|||2021|2020|
|---|---|---|---|
|Fees in advance at 1 September 2020||1,027,196|1,093,554|
|Recognised as income
Fees invoiced prior to|in 2020-21 year
31August 2021,|(1,027,196)|(1,093,554)|
|and carried forward to|2021-22|~13 3
3|10
196|
|Fees in advance at 31|August 2021|1343323|~102
196|
##
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##
|Analysis ofnet assets between funds|||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||F|F||
|Fund balances at 31August 2021 were represented|by:||||
|Tangible assets||2,007,820||2,007,820|
|Investment
properties||750,000||750,000|
|Current assets/(liabilities)||2,363,154|12,609|2,375,763|
|Long term liabilities||(201,629)||(201,629)|
|||4,919,345|12,609|4,931,954|
|Analysis ofnet assets between funds comparative|||||
|||Unrestrictedf|Restricted
6|Total
6|
|Fund balances at 31August 2020 were represented|by:||||
|Tangible assets||1,826,317|10,319|1,836,636|
|Investment
properties||657,282||657,282|
|Current assets/(liabilities)||2,428,703|15,163|2,439,360|
|Long term liabilities||(197,591)||(197,591)|
|||4,714,711|25,482|4,735,687|
##
||2021|2020|
|---|---|---|
|||6|
|Within one year|7,985|7,700|
|Between two and five years|6,479|13,221|
||14,464|20,921|
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|26|Cash generated
from operations|||||2021|2020|
|---|---|---|---|---|---|---|---|
||||||||6|
||Surplus/(deficit)
for the year|||||196,267|(213,363)|
||Adjustments
for:|||||||
||Investment
income recognised
in statement|||offinancial|activities|(16,564)|(29,688)|
||Gain on disposal oftangible fixed assets|||||(3,900)|(160)|
||Fair value gains and losses on investment|||properties||(92,718)||
||Depreciation
and impairment
oftangible||fixed assets|||65,347|65,662|
||Movements
in working
capital:|||||||
||Decrease/(increase)
in debtors|||||24,177|(164,755)|
||Increase/(decrease)
in creditors|||||402,105|(139,655)|
||Cash generated
from/(absorbed|by) operations||||574,714|(481,959)|
|27|Analysis ofchanges
in net funds|||||||
||The charity had no debt during the|year.||||||