##
##
|||||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)|
##
##
##
##
##