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|||||Page|
|---|---|---|---|---|
|Reference and administrative||details ofthe company,|its Directors and advisers||
|Directors' report||||2-9|
|Independent
auditor's|report|on the financial statements||10-13|
|Statement offinancial|activities|||14|
|Balance sheet||||15-16|
|Statement ofcash flows||||17|
|Notes to the financial|statements|||18-34|
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|For the year ended|31August 20|20|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Note|2020
f|2020
f.|2020f|2019|
|Income from:|||||||
|Donations
and legacies||4|123,219|7,962|131,181|18,023|
|Charitable
activities||5|1,900,474||1,900,474|2,020,801|
|Trading
income||6|56,772||56,772|76,912|
|Total income|||2,080,465|7,962|2,088,427|2,115,736|
|Expenditure
on:|||||||
|Charitable
activities||7|1,973,613|5,650|1,979,263|2,031,060|
|Total expenditure|||1,973,613|5,650|1,979,263|2,031,060|
|Net movement
in funds|||106,852|2,312|109,164|84,676|
|Reconciliation
offunds:|||||||
|Total funds brought|forward|17|2,525,566|10,132|2,535,698|2,451,022|
|Net movement
in funds||17|106,852|2,312|109,164|84,676|
|Total funds carried forward|||2,632,418|12,444|2,644,862|2,535,698|
##
|As at 31 August|2020|||||||
|---|---|---|---|---|---|---|---|
||||Note||2020
E||2019f|
|Fixed assets||||||||
|Tangible assets|||12||3,035,935||2,925,189|
|Current assets||||||||
|Stocks|||13|1,500||1,500||
|Debtors|||14|549,964||570,588||
|Cash at bank and|in hand|||255,425||264,231||
|||||806,889||836,319||
|Creditors: amounts|falling|due within one||||||
|year|||15|(856,295)||(867,477)||
|Net current liabilities|||||(49,406)||(31,158)|
|Total assets less|current|liabilities|||2,986,529||2,894,031|
|Creditors: amounts|falling|due after more||||||
|than one year|||16||(341,667)||(358,333)|
|Total net assets|||||2,644,862||2,535,698|
|Charity funds||||||||
|Restricted
funds|||17||12,444||10,132|
|Unrestricted
funds|||17||2,632,418||2,525,566|
|Total funds|||||2,644,862||2,535,698|
##
||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|
|||||||Note|6|E|
|Cash flows from operating||activities|||||||
|Net cash|used
in operating|activities||||19|193,471|71,757|
|Cash flows from Investing||activities|||||||
|Dividends,|interests
and rents from investments||||||(9,075)|(10,263)|
|Purchase|oftangible
fixed assets||||||(176,536)|(119,782)|
|Net cash|used
in investing|activities|||||(185,611)|(130,045)|
|Cash flows from financing||activities|||||||
|Repayments
of borrowing|||||||(16,666)|(25,000)|
|Net cash|used
in financing|activities|||||(16,666)|(25,000)|
|Change
in cash and cash||equivalents|in|the Year|||(8,806)|(83,288)|
|Cash and|cash equivalents|at the beginning||ofthe Year|||264,231|347,519|
|Cash and|cash equivalents|at the end|of|the Year||20|255,425|264,231|
|The notes|on pages 18to 34form part ofthese financial||||statements||||
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||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2020|2020|2019|
||6|F||
|Fees|1,827,113|1,827,113|1,887,768|
|Extras|73,361|73,361|133,033|
|Total 2020|1,900,474|1,900,474|2,020,801|
|Total2019|2,020,801|2,020,801||
##
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2020f|2020
6|2019|
|Holiday
lettings||16,392|16,392|15,673|
|Other lettings||36,720|36,720|55,388|
|Miscellaneous|Income|3,660|3,660|5,851|
|||56,772|56,772|76,912|
|Total 2019||76,912|76,912||
##
|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2020|2020|2020|2019|
|||6|F|F||
|Charitable|activities|1,973,613|5,650|1,979,263|2,031,060|
|Total 2019||2,020,520|10,540|2031,060||
|||Activities|||
|---|---|---|---|---|
|||undertaken|Total|Total|
|||directly|funds|funds|
|||2020|2020|2019|
|||E|E||
|Charitable|activities|1,979,263|1,979,263|2,031,060|
|Total 2019||2,031,060|2,031,060||
##
##
|||Total|Total|
|---|---|---|---|
|||funds|funds|
|||2020|2019|
|||6||
|Staff costs||1,385,181|1,351,226|
|Inspection fees||3,805|3,304|
|Recruitment
and training||13,031|13,283|
|Food costs||55,818|79,153|
|Laundry
and cleaning||15,434|15,936|
|Field and garden expenses||25,778|26,465|
|Rates and water||25,186|31,983|
|Insurance||26,984|27,384|
|Swimming
pool maintenance||401|4,166|
|Light and heat||43,459|36,398|
|Repairs and renewals||14,772|16,949|
|Curriculum
expenses||36,304|42,573|
|Repairs to property||56,750|40,588|
|Motor and travel expenses||21,465|29,856|
|Subscriptions
and donations||11,785|18,736|
|Cost ofactivities and extras||42,714|94,756|
|Telephone
and postage||6,743|7,197|
|Printing,
stationery
and|advertising|39,327|39,355|
|Bank charges||2,670|2,515|
|Legal and professional|fees|11,034|7,902|
|Miscellaneous
expenses||8,931|7,221|
|Bad debts||766|(4,943)|
|Computer
maintenance|costs|28,985|26,874|
|Depreciation||65,787|80,039|
|Audit and accountancy||15,945|15,073|
|Bank interest payable||9,075|10,263|
|Venue hire||11,133|6,808|
|Total 2020||1 979263|2031060|
##
##
##
|The auditor's
remuneration
amounts
to an auditor
f6,745 (2019 - f6,073).
Staff costs|fee of f9,200 (2019 —f9,000), and other|services of|
|---|---|---|
||2020|2019|
||E||
|Wages and salaries|1,108,943|1,125,559|
|Social security costs|101,256|100,932|
|Pension costs|174,982|124,735|
||1,385,181|1,351,226|
|||2020|2019|
|---|---|---|---|
|||No.|No.|
|Teaching|staff|26|27|
|Others||19|18|
|||45|45|
|2020|2019|
|---|---|
|No.|No.|
##
|||||Fixtures,||
|---|---|---|---|---|---|
|||||fittings
and||
||||Freehold|motor||
||||property|vehicles|Total|
||||F|6|6|
||Cost or valuation|||||
||At 1 September 2019||2,742,888|810,557|3,553,445|
||Additions||146,103|30,433|176,536|
||At 31 August|2020|2,888,991|840,990|3,729,981|
||Depreciation|||||
||At 1 September 2019||242,018|386,238|628,256|
||Charge for the Year||12,451|53,339|65,790|
||At 31 August|2020|254,469|439,577|694,046|
||Net book value|||||
||At 31 August|2020|2,634,522|401,413|3,035,935|
||At 31August|2019|2,500,870|424,319|2,925,189|
|13.|Stocks|||||
|||||2020
6|2019f|
||Finished goods and goods for resale|||1,500|1,500|
|14.|Debtors|||||
|||||2020
6|2019f|
||Trade debtors|||518,931|552,186|
||Other debtors|||622||
||Prepayments|and accrued income||30,411|18,402|
|||||549,964|570,588|
##
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##
|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||||F||
||Bank loans|||||25,000|25,000|
||Trade creditors|||||57,497|14,222|
||Other taxation
and|social security||||46,158|40,158|
||Other creditors|||||70,250|65,824|
||Accruals
and deferred||income|||657,390|722,273|
|||||||856,295|867,477|
|||||||2020
6|2019f|
||Deferred
income at 1||September|2019||693,324|631,923|
||Resources deferred|during the year||||630,932|693,324|
||Amounts
released|from previous||periods||(693,324)|(631,923)|
||Deferred income at||31 August|2019||630,932|593,324|
||Deferred
income at the year end|||represents fees paid|in advance.|||
|16.|Creditors: Amounts||faIling due|after more than one year||||
|||||||2020f|2019|
||Bank loans|||||341,667|358,333|
##
##
|Statement
o|ffunds - cu|rrent Year|||||
|---|---|---|---|---|---|---|
||||Balance at 1|||Balance at|
||||September|||31 August|
||||2019|Income|Expenditure|2020|
||||6|6|6|6|
|Unrestricted|funds||||||
|Unrestricted|accumulated|fund|1,813,645|2,080,465|(1,973,613)|1,920,497|
|Revaluation|reserve||711,921|||711,921|
||||2,525,566|2,080,465|(1,973,613)|2,632,418|
|Restricted funds|||||||
|PA donations|||4,745|6,022|(2,348)|8,419|
|FEAST donations|||5,387|1,940|(3,302)|4,025|
||||10,132|7,962|(5,650)|12,444|
|Total offunds|||2,535,698|2,088,427|(1,979,263)|2,644,862|
##
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||||Balance al||||Balance at|
|---|---|---|---|---|---|---|---|
||||1 September|||Transfers|31Augusl|
||||2018f|Income|Expendituref|inloutf|2019|
|Unrestricted|funds|||||||
|Unrestricted|accumulated|fund|1,736,427|2,097,713|(2,020,520)|25|1,813,645|
|Revaluation|reserve||711,921||||711,921|
||||2,448,348|2,097,713|(2,020,520)|25|2,525, 566|
|Restricted funds||||||||
|PA donations|||704|13,378|(9,337)||4, 745|
|FEAST donations|||1,970|4,645|(1,203)|(25)|5,387|
||||2,674|18,023|(10,540)|(25)|10,132|
|Total offunds|||2,451,022|2,115,736|(2,031,060)||2,535,698|
||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2020f|2020f|2020f|
|Tangible|fixed|assets|3,035,935||3,035,935|
|Current|assets||794,445|12,444|806,889|
|Creditors|due|within one year|(856,295)||(856,295)|
|Creditors|due|in more than one year|(341,667)||(341,667)|
|Total|||2,632,418|12,444|2,644,862|
##
##
|For t
|he year en|ded 31 August 2020|ded 31 August 2020||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|18.|Analysis|of net assets between||funds|(continued)||||||
||Analysis|of net assets between||funds|- prior period||||||
||||||||Unrestricled||Restricted|Total|
|||||||||funds|funds|funds|
|||||||||2019|2019|2019f|
||Tangible|fixed assets|||||2,925,189|||2,925,189|
||Current assets|||||||826,187|10,132|836,319|
||Creditors|due within|one year|||||(867,477)||(867,477)|
||Creditors|due
in more than one year||||||(358,333)||(358,333)|
||Total||||||2,525,566||10,132|2,535,698|
|19.|Reconciliation
of||net movement|in funds||to net cash|flow from|operating|activities||
||||||||||2020f|20/9f|
||Net income for the||period (as per|Statement||of Financial|Activities)||109,164|84,676|
||Adjustments
for:||||||||||
||Depreciation
charges||||||||65,790|80,039|
||Dividends,|interests|and rents from investments||||||9,075|10,263|
||Decrease/(increase)||in debtors||||||20,624|(75,648)|
||Decrease|in creditors|||||||(11,182)|(27,573)|
||Net cash|provided|by operating|activities|||||193,471|71,757|
|20.|Analysis|ofcash and cash equivalents|||||||||
||||||||||2020|2019|
||||||||||6||
||Cash
in hand||||||||255,425|264,231|
||Total cash and cash equivalents||||||||255,425|264,231|
|||||At 1||Other non-||
|---|---|---|---|---|---|---|---|
|||||September||cash|At 31|
|||||2019|Cash flows|changes|August 2020|
|||||6|F|6|F|
|Cash|at bank and||in hand|264,231|(8,806)||255,425|
|Debt|due within|1|year|(25,000)|16,666|(16,666)|(25,000)|
|Debt|due after|1 year||(358,333)||16,666|(341,667)|
|||||(119,102)|7,860||(111,242)|
|||||2020
f.|2019f|
|---|---|---|---|---|---|
|Contracted|for but not provided||in these financial statements|||
|Acquisition|oftangible|fixed assets|||125,000|
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