2021-08-31-accounts

				Page
Reference and administrative		details ofthe company,	its Directors and advisers
Directors' report				2-9
Independent auditor's	report	on the financial statements		10-14
Statement offinancial	activities			15
Balance sheet				16-17
Statement ofcash flows				18
Notes to the financial	statements			19-34

For the year ended	31 August 20	21
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Note	2021 F	2021 F.	2021 F	2020f
Income from:
Donations and legacies			50,253	4,819	55,072	131,181
Charitable activities			1,854,980		1,854,980	1,900,474
Trading income			95,494		95,494	56,772
Total income			2,000,727	4,819	2,005,546	2,088,427
Expenditure on:
Charitable activities			1,954,144	6,568	1,959,712	1,979,263
Total expenditure			1,954,144	5,568	1,959,712	1,979,263
Net movement in funds			46,583	(749)	45,834	109,164
Reconciliation offunds:
Total funds brought	forward	17	2,632,418	12,444	2,644,862	2,535,698
Net movement in funds		17	46,583	(749)	45,834	109,164
Total funds carried forward			2,679,001	11,695	2,690,696	2,644, 862

			Note		2021 f.		2020f
Fixed assets
Tangible assets			12		2,980,675		3,035,935
Current assets
Stocks			13	1,500		1,500
Debtors			14	626,835		549,964
Cash at bank and	in hand			222,531		255,425
				850,866		806,889
Creditors: amounts		falling due within one
year			15	(811,215)		(856,295)
Net current assets		/ liabilites			39,651		(49,406)
Total assets less	current liabilities				3,020,326		2,986,529
Creditors: amounts		falling due after more
than one year			16		(329,630)		(341,667)
Total net assets					2,690,696		2,644,862
Charity funds
Restricted funds			17		11,695		12,444
Unrestricted funds			17		2,679,001		2,632,418
Total funds					2,690,696		2,644,862

						Note	2021 6	2020f
Cash flows from operating		activities
Net cash	used in operating	activities				19	(5,939)	193,471
Cash flows from investing		activities
Dividends,	interests and rents from investments						(6,664)	(9,075)
Purchase	oftangible fixed assets						(5,476)	(176,536)
Net cash	used in investing	activities					(12,140)	(185,611)
Cash flows from financing		activities
Repayments of borrowing							(14,815)	(16,666)
Net cash	used in financing	activities					(14,815)	(16,666)
Change in cash and cash		equivalents	In	the Year			(32,894)	(8,806)
Cash and	cash equivalents	at the beginning		ofthe Year			255,425	264,231
Cash and	cash equivalents	at the end of		the Year		20	222,531	255,425
The notes	on pages 19to 34form part ofthese financial				statements

			Unrestricted	Total	Total
			funds	funds	funds
			2021 F	2021 E	2020f
	Fees		1,798,057	1,798,057	1,827,113
	Extras		56,923	56,923	73,361
	Total 2021		1,854,980	1,854,980	1,900,474
	Total 2020		1,900,474	1,900,474
6.	Trading	income

			Unrestricted	Total	Total
			funds	funds	funds
			2021	2021	2020
			E	E
Holiday	lettings		28,772	28,772	16,392
Other lettings			62,400	62,400	36,720
Miscellaneous		Income	4,322	4,322	3,660
			95,494	95,494	56,772
Total 2020			56,772	56,772

		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		2021	2021	2021	2020
		E	E	E	E
Charitable	activities	1,954,144	5,568	1,959,712	1,979,263
Total 2020		1,973,613	5,650	1,979,263

		Activities
		undertaken	Total	Total
		directly	funds	funds
		2021 5	2021 9	2020f
Charitable	activities	1,959,712	1,959,712	1,979,263
Total 2020		1,979,263	1,979,263

		Total	Total
		funds	funds
		2021	2020
Staff costs		1,387,669	1,385,181
Inspection fees		1,578	3,805
Recruitment and training		8,857	13,031
Food costs		58,971	55,818
Laundry and cleaning		26,144	15,434
Field and garden expenses		22,618	25,778
Rates and water		16,749	25,186
Insurance		26,457	26,984
Swimming pool maintenance		1,805	401
Light and heat		36,121	43,459
Repairs and renewals		14,657	14,772
Curriculum expenses		36,415	36,304
Repairs to property		27,875	56,750
Motor and travel expenses		22,011	21,465
Subscriptions and donations		11,523	11,785
Cost ofactivities and extras		26,140	42,714
Telephone and postage		6,446	5,743
Printing, stationery and	advertising	36,261	39,327
Bank charges		2,587	2,670
Legal and professional	fees	839	11,034
Miscellaneous expenses		23,981	8,931
Bad debts			766
Computer maintenance	costs	33,066	28,985
Depreciation		60,736	65,787
Audit and accountancy		14,574	15,945
Bank interest payable		6,664	9,075
Venue hire		48,968	11,133
Total 2021		1,959,712	1,979,263

The auditor's remuneration amounts to an auditor F5,099(2020- E6,073). Staff costs	fee of F9,475 (2020 - E9,200), and other	services of
	2021f	2020 E
Wages and salaries	1,156,630	1,108,943
Social security costs	88,956	101,256
Pension costs	142,083	174,982
	1,387,669	1,385,181

The avera	ge number ofpersons employed by the	company during the Year was as follows:
		2021	2020
		No.	No.
Teaching	staff	27	27
Others		19	18
		46	45

2021	2020
No.	No.

For	the year ended 31 August 2021	the year ended 31 August 2021
12.	Tangible fixed assets
				Fixtures,
				fittings and
			Freehold	motor
			property F	vehiclesf	Totalf
	Cost or valuation
	At 1 September 2020		2,888,991	840,990	3,729,981
	Additions			5,476	5,476
	At 31 August	2021	2,888,991	846,466	3,735,457
	Depreciation
	At 1 September 2020		254,469	439,577	694,046
	Charge for the Year		11,828	48,908	60,736
	At 31 August	2021	266,297	488,485	754,782
	Net book value
	At 31 August	2021	2,622,694	357,981	2,980,675
	At 31August	2020	2,634,522	401,413	3,035,935
13.	Stocks
				2021 F	2020f
	Finished goods and goods for resale			1,500	1,500
14.	Debtors
				2021f	2020f
	Trade debtors			613,119	518,931
	Other debtors			37	622
	Prepayments	and accrued income		13,679	30,411
				626,835	549,964

Creditors: Amount	s falling due	within	one year
								2021		2020
								6		E
Bank loans								22,222		25,000
Trade creditors								30,278		57,497
Other taxation and	social security							23,425		46,158
Other creditors								74,000		70,250
Accruals and deferred income								661,290		657,390
								811,215		856,295
								2021		2020
								6
Deferred income at 1 September		2020						630,932		693,324
Resources deferred	during the year							635,528		630,932
Amounts released	from previous	periods						(630,932)		(693,324)
Deferred income at 31 August		2021						635,528		630,932
Deferred income at the year end		represents fees paid in advance.
Creditors: Amounts falling due		after more than			one	year
								2021		2020
								6		E
Bank loans								329,630		341,667
The trust has a bank loan with F500,000 repayable					in	termly	instalments	of 68,333, exclusive		of interest,
which was payable 6375,000 was due extending the final	at 1.78/v over National Westminster Bank Pic base rate. The final balloon payment of for repayment on 29 November 2021. In 2020 the trust took a 6 month holiday period repayment date until 29 May 2022. This was replaced by a new loan in late May 2022
for E337,000, repayable over 15 years			in termly	instalments			of E7,489,	exclusive of interest,		payable at
2.45'/o over the bank base rate.

Statement	offunds - cu	rrent Year
			Balance at 1			Balance at
			September			31 August
			2020f	Income F	Expenditure E	2021 6
Unrestricted	funds
Unrestricted	accumulated	fund	1,920,497	2,000,727	(1,954,144)	1,967,080
Revaluation	reserve		711,921			711,921
			2,632,418	2,000,727	(1,954,144)	2,679,001
Restricted funds
PA donations			8,419	3,869	(3,608)	8,680
FEAST donations			4,025	950	(1,960)	3,015
			12,444	4,819	(5,568)	11,695
Total offunds			2,644,862	2,005,546	(1,959,712)	2,690,696

			Balance at			Belence et
			1 September 2019	Income f	Expenditure	31August 2020 f
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

Analysis	of n	et asse	ts	between funds -curr	ent year
					Unrestricted	Restricted	Total
					funds	funds	funds
					2021	2021	2021
					F	F	E
Tangible	fixed	assets			2,980,675		2,980,675
Current	assets				839,171	11,695	850,866
Creditors	due	within	one	year	(1,140,845)		(1,140,845)
Total					2,679,001	11,695	2,690,696

	Analysis	ofnet ass		e	ts betw	een	funds -	prior year
								Unrestricted	Restricted	Total
								funds	funds	funds
								2020	2020f	2020
	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
19.	Reconciliation of net				movement		in funds	to net cash flow from operating	activities
									2021	2020
									6
	Net income for the year (as per Statement							of Financial Activities)	46,834	109,164
	Adjustments for:
	Depreciation charges								60,736	65,790
	Dividends,	interests	and rents			from investments			6,664	9,075
	Decrease/(increase)			in debtors					(76,871)	20,624
	Decrease	in creditors							(42,302)	(11,182)
	Net cash	provided by/(used				In) operating		activities	(5,939)	193,471
20.	Analysis	ofcash and			cash equivalents
									2021	2020
									F
	Cash in hand								222,631	255,425
	Total cash and cash			equivalents					222,531	255,425

			At 1		Other non-
			September		cash	At 31
			2020 f	Cash flows E	changes 6	August 2021 f
Cash	at bank and	in hand	255,425	(32,894)		222,531
Debt	due within 1	year	(25,000)		2,778	(22,222)
Debt	due after 1 year		(341,667)	14,815	(2,778)	(329630)
			(111,242)	(18,079)		(129,321)