|Trustees||Mrs D JAlun-Jones|Mrs D JAlun-Jones|Mrs D JAlun-Jones|MA|MA| |---|---|---|---|---|---|---| |||N P Backhouse||MA FCA||| |||W Belcher||||| |||JAB Bruce FCA||||| |||Miss L K Hamblett|||MA|| |||RAJ Hill||||| |||Mrs K Hogan|BA|||| |||C M Keville (Chairman)||||| |||Mrs J P Matthews||||| |||JAPassam||||| |||J H LPatrick|MVO||BSc|| |Secretary||G P Falconer||||| |Charity number||307034||||| |Company|number|902869||||| |Principal address||Westboume|House||School|| |||Coach Road||||| |||Shopwyke||||| |||Chichester||||| |||West Sussex||||| |||PO20 2BH||||| |Registered|office|Westboume|House||School|| |||Coach Road||||| |||Shopwyke||||| |||Chichester||||| |||West Sussex||||| |||PO20 2BH||||| |Auditor||Jones Avens|Limited|||| |||Piper House||||| |||4 Dukes Court||||| |||Bognor Road||||| |||Chichester||||| |||West Sussex||||| |||PO19 8FX||||| |Bankers||National
Westminster||||Bank Pic| |||5 East Street||||| |||Chichester||||| |||West Sussex||||| |||PO19 1HH||||| |investment|advisors|Rathbone
Brothers|||Pic|| |||8 Finsbury
Circus||||| |||London||||| |||EC2M 7AZ||||| ## |||Page| |---|---|---| |Trustees'
report||1-5| |Statement
ofTrustees'|responsibilities|| |Independent
auditor's|report|7-9| |Statement
offinancial|activities|10| |Balance sheet||| |Statement
ofcash flows||12| |Notes to the financial|statements|13-28| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---|---|---|---| ||||||funds|funds||funds|funds|| ||||||2020|2020|2020|2019|2019|2019| ||||Notes||F|||||F| |In
m
an|n|wm|n|from||||||| |Donations
and|legacies|||3|250,000|18,492|268,492||124|124| |Charitable
activities||||4|4,716,271||4,716,271|5, 176,453||5,176,453| |Investments||||5|18,041||18,041|26,670||26,670| |Other income||||6|388,640||388,640|53,571||53,571| |Total income|||||5,372,952|18,492|5,391,444|5,256,694|124|5,256,818| |~~hi ~ron:||||||||||| |Raising funds||||7|4,402||4,402|4,279||4,279| |Charitable
activities||||8|5,226,913|18,723|5,245,636|5,208,925|264|5,209,189| |Total resources||||||||||| |expended|||||5,231,315|18,723|5,250,038|5,213,204|264|5,213,468| |Net gains/(losses)||on||||||||| |investments||||13|10,119||10,119|7,618||7,618| |Net movement|in|funds|||151,756|(231)|151,525|51,108|(140)|50,968| |Fund balances|at 1|||||||||| |September 2019|||||12,250,743|99,810|12,350,553|12,199,635|99,950|12,299,585| |Fund balances|at|31||||||||| |August 2020|||||12,402,499|99,579|12,502,078|12,250,743|99,810|12,350,553| ## ## ||||||2020|2019| |---|---|---|---|---|---|---| |||||Notes|6|F| |Fixed assets||||||| |Tangible assets
investments||||15
16|10,447,426
333,135|10,187,628
320,986| ||||||10,780,561|10,508,614| |Current assets||||||| |Debtors|||||372,114|361,919| |Cash at bank and||in|hand||2,213,230|2,433,940| ||||||2,585,344|2,795,859| |Creditors: amounts
one year|||falling due within|19|(863,827)|(953,920)| |Net current assets|||||1,721,517|1,841,939| |Total assets less||current liabilities|||12,502,078|12,350,553| |Income funds||||||| |Restricted
funds||||21|99,579|99,810| |~Il
tit
f|d|||||| |General
unrestricted|||funds||12,342,970|12,187,603| |Revaluation
reserve|||||59,529|63,140| |Total unrestricted||funds|||12,402,499|12,250,743| ||||||12,502,078|12,350,553| ## ## ||||||2020||2019| |---|---|---|---|---|---|---|---| |||||Notes|||| |Cash flows from operating|||activities||||| |Cash generated
from operations||||26||162,608|40,287| |Investing|activities||||||| |Purchase|oftangible
fixed assets||||(399,329)||(107,794)| |Receipts|from sale oftangible||fixed assets||||5,100| |Purchase|ofother investments||||(74,252)||(4,483)| |Proceeds|on disposal ofother investments||||72,222||1,854| |Dividends|and interest received||||18,041||26,670| |Net cash|used in investing||activities|||(383,318)|(78,653)| |Net cash|used in financing||activities||||| |Net decrease
in cash and||cash equivalents||||(220,710)|(38,366)| |Cash and|cash equivalents|at beginning||ofyear||2,433,940|2,472,306| |Cash and cash equivalents|||at end of|year||2,213,230|2,433,940| |Relating|to:||||||| |Cash and|Bank balances|||||2,213,230|2,433,940| ## ## ## ## ## ## ## ## ## |Depreciation
is recognised|so as to write oif the cost or valuation
ofassets less their residual|so as to write oif the cost or valuation
ofassets less their residual|so as to write oif the cost or valuation
ofassets less their residual|so as to write oif the cost or valuation
ofassets less their residual|values over| |---|---|---|---|---|---| |their useful lives on the following bases:|||||| |Freehold
land and buildings|Nil||||| |Leasehold
property|15years
/ 50|years straight|line||| |Plant and machinery|25% Reducing|balance /10% straight||line|| |Fixtures, fittings
&equipment|10%Reducing|balance|||| |Computers|10% - 25% Stl'eight
litle||||| |Motor vehides|25% Reducing|balance|||| ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Restricted|Total|Restricted| |---|---|---|---|---|---|---|---| |||||funds|funds||funds| |||||2020|2020|2020|2019| |||||F|||| |Donations|and gifts|||250,000|18,492|268,492|124| |Charitable||activities|||||| |||||||2020|2019| |||||||2|0| |Gross Fees||receivable||||5,516,554|6,018,716| |Less: Bursaries, Scholarships|||and Discounts|||(835,533)|(919,605)| |Net Fees|receivable|||||4,681,021|5,099,111| |Recreational||facilities||||35,250|58,664| |Summer camps and courses|||||||18,678| |||||||4,716,271|5,176,453| ## ## ## |||Unrestricted|Unrestricted| |---|---|---|---| |||funds|funds| |||2020|2019| |Income|from listed investments|6,432|6,908| |Interest|receivable|11,609|19,762| |||18,041|26,670| ## |Other incom|e||||| |---|---|---|---|---|---| |||||Unrestricted|Unrestricted| |||||funds|funds| |||||2020|2019| |hiet gain on disposal oftangible|||fixed assets||2,023| |Other income||||46,212|51,548| |Coronavirus|Job Retention|Scheme grants||342,428|| |||||388,640|53,571| ## ||||||Unrestricted|Unrestricted| |---|---|---|---|---|---|---| ||||||funds|funds| ||||||2020|2019| ||||||6|| |Inv|ment|n|em|n|4,402|4,279| ||||||4,402|4,279| ## ## ||||||Providing|Providing| |---|---|---|---|---|---|---| ||||||education|education| ||||||2020|2019| |||||||6| |Stalf costs|||||2,969,032|2,869,727| |Depreciation|||and impairment||39,816|40,977| |Education||equipment||and materials|98,027|106,135| |Sport and|games equipment||||6,811|4,266| |Educational||visits and activities|||28,724|55,545| |Provisions|||||100,643|136,429| ||||||3,243,053|3,213,079| |Grant funding|||ofactivities (see note 9)||18,123|| |Share ofsupport costs (see note 10)|||||1,966,748|1,978,824| |Share ofgovernance||||costs (see note 10)|17,712|17,286| ||||||5,245,636|5,209,189| |Analysis|by||fund|||| |Unrestricted|||funds||5,226,913|5,208,925| |Restricted||funds|||18,723|264| ||||||5,245,636|5,209,189| |Grants payable||||||| ||||||Providing|2019| ||||||education|| ||||||2020|| ||||||6|| |Grants to|individuals|||(7grants)|18,123|| ||||||18,123|| ## |Support costs|||||||| |---|---|---|---|---|---|---|---| |||Support Governance||2020|Support|Governance|2019| |||costs|costs||costs
6|costs
f|| |Staffcosts - Support||776,938||776,938|838,680||838,680| |Staff costs - Welfare||311,918||311,918|307,892||307,892| |Depreciation||99,715||99,715|80,073||80,073| |Rates||92,074||92,074|90,941||90,941| |Insurance||38,036||38,036|37,249||37,249| |Light and heat||104,357||104,357|109,620||109,620| |Repairs and
maintenance||159,105||159,105|121,714||121,714| |Printing,
postage,|||||||| |stationery,
advertising
and website||74,849||74,849|114,635||114,635| |Telephone
and fax||8,955||8,955|8,056||8,056| |Motor expenses||33,189||33,189|40,821||40,821| |Legal and professional
fees||76,948||76,948|28,906||28,906| |School inspection||5,055||5,055|5,392||5,392| |Household
expenses||39,032||39,032|35,294||35,294| |Cleaning contracts||75,443||75,443|83,894||83,894| |Upkeep
ofgrounds
pool|and|38,141||38,141|38,224||38,224| |Bad debts||5,667||5,667|5,127||5,127| |Sundry expenses||24,731||24,731|29,184||29,184| |Bank charges||2,595||2,595|3,122||3,122| |Audit fees|||5,850|5,850||5,700|5,700| |Accountancy|||11,862|11,862||11,586|11,586| |||1,966,748|17,712|1,984,460|1,978,824|17,286|1,996,110| |Analysed
between|||||||| |Charitable
activities||1,966,748|17,712|1,984,460|1,978,824|17,286|1,996,110| ## ## |The average
|monthly|numbe|r
ofem|ployees|during the yea|r was:||| |---|---|---|---|---|---|---|---|---| ||||||||2020|2019| ||||||||Number|Number| |Teaching staff|||||||57|60| |Admin
and support||statf|||||29|29| |Welfare staff|||||||11|13| ||||||||97|102| |Employment|costs||||||2020f|2019| |Wages and salaries|||||||3,196,335|3,300,358| |Social security|costs||||||294,661|289,838| |Other pension|costs||||||506,701|370,097| |Other staff costs|||||||60,191|56,006| ||||||||4,057,888|4,016,299| |The number|of employees||whose|annual|remuneration|was f60,000 or||| |more were;||||||||| ||||||||2020|2019| ||||||||Number|Number| |f60,000 - f70,000
f90,000 - f100,000|||||||2
1|1
1| ## ## |Net gains((|toss|es)
on investments||| |---|---|---|---|---| ||||Unrestricted|Unrestricted| ||||funds|funds| ||||2020|2019| |Revaluation|of|investments|7,491|7,702| |Gain/(loss)|on|sale ofinvestments|2,628|(84)| ||||10,119|7,618| ## |||||co|al|O|||CO|ca| |---|---|---|---|---|---|---|---|---|---|---| |||||IA|Ctt||Pd|||Ctt| ||||||(A|CO|(A|||CD| |||||CD|Ch
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changes|21,128| |Disposals|(83,231)| |At 31August 2020|333,135| |Carrying
amount
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measured||at fair value through|profit or loss|333,135|320,986| |18|Debtors|||||| ||||||2020|2019| ||Amounts|falling due|within one year:||6|F| ||Trade debtors||||160,145|168,866| ||Other debtors||||85,764|12,368| ||Prepayments
and accrued income||||126,205|180,685| ||||||372,114|361,919| ## ## |19|Creditors: amounts|Creditors: amounts|falling due within one year||| |---|---|---|---|---|---| |||||2020|2019| ||Other taxation|and social security||74,633|72,891| ||Trade creditors|||112,072|58,009| ||Other creditors|||626,102|791,727| ||Accruals and deferred||income|51,020|31,293| |||||863,827|953,920| ## ## ## ||||||Ih||0
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by:
Tangible assets
Investments||10,447,426
333,135||10,447,426
333,135|10,187,628
320,986||10,187,628
320,986| ||Current assets/|||||||| ||(liabilities)||1,621,938|99,579|1,721,517|1,742, 129|99,810|1,841,939| ||||12,402,499|99,579|12,502,078|12,250,743|99,810|12,350,553| |pg


under non-cancellable
operating
leases, which fall due a|s follows;|| |---|---|---| ||2020|2019| |Within one year|19,118|25,358| |Between two and five years|19,478|38,476| ||38,596|63,834| ||The operating
lease pa|yments
r|ecogn|ised as|an|expe|nse
in the year were|525,238 (2019- 525,|358).| |---|---|---|---|---|---|---|---|---|---| |24|Capital commitments|||||||2020|2019| ||At 31 August 2020 the|Trust had|capital commitments||||as follows:||| ||Contracted
for but not|provided|in the|financial|statements:||||| ||Acquisition
of property,|plant and equipment||||||61,809|| |25|Related party transactions||||||||| ||Remuneration
of key|management||personnel|||||| ||The remuneration
of key management|||personnel||is as follows.|||| |||||||||2020|2019| ||Aggregate
compensation|||||||395,371|248,058| ## ## ## ## |Cash generated
from|operations||||2020|2019| |---|---|---|---|---|---|---| |||||||F| |Surplus for the year|||||151,525|50,968| |Adjustments
for:||||||| |Investment
income recognised
in statement|||offinancial|activities|(18,041)|(26,670)| |Gain on disposal oftangible
fixed assets||||||(2,023)| |(Gain)/loss
on disposal|ofinvestments||||(2,628)|84| |Fair value gains and losses on investments|||||(7,491)|(7,702)| |Depreciation
and impairment
oftangible||fixed assets|||139,531|121,050| |Movements
in working|capital:|||||| |(Increase)
in debtors|||||(10,195)|(38,040)| |(Decrease)
in creditors|||||(90,093)|(57,380)| |Cash generated
from|operations||||162,608|40,287| ##