## 

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||`PAGE`|
|---|---|
|`LegalandAdministrativeInformation`||
|`Governors'Report(incorporatingtheStrategicReport)`||
|`ReportoftheIndependentAuditors`||
|`StatementofFinancialActivities`|`13`|
|`BalanceSheet`|`14`|
|`CashFlowStatement`|`15`|
|`NotestotheFinancialStatements`|`16`|











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|`PENNTHORPESCHOOLTRUST`|`LIMITED`|||||||||
|---|---|---|---|---|---|---|---|---|---|
|`STATEMENTOFFINANCIALACTIVITIES`||||||||||
|`(INCLUDINGINCOMEANDEXPENDITUREACCOUNT)`||||||||||
|`FORTHEYEARENDED31AUGUST2021`<br>|<br>|||||||||
||`Notes`|`Unrestricted`||`Restricted`|`TotalFunds`||`Unrestricted`|`Restricted`|`TotalFunds`|
||||`Funds`|`Funds`|`2021`||`Funds`|`Funds`|`2020`|
||||`£`|`£`|`£`||`£`|`£`|`£`|
|`INCOMEFROM:`||||||||||
|`Donations`<br>`Othertradingactivities`<br>`Investments`<br>`Charitableactivities`|`oon`<br>`mn`||`2,178`<br>`27,304`<br>`3,782`<br>`3,329,126`|`13,180`<br>`-`<br>`-`<br>`-`|`15,358`<br>`27,304`<br>`3,782`<br>`3,329,126`|<br> <br> <br>|`-`<br>`29,129`<br>`3,527`<br>`3,373,617`|`500`<br>`-`<br>`-`<br>`-`|`500`<br>`29,129`<br>`3,527`<br>`3,373,617`|
|`Otherincome`|||`33,733`|`-`|`33,733`||`92,864`||`92,864`|
|`Totalincome`|<br>|<br>|<br> <br>`3,396,123`|<br> <br>`13,180`|<br> <br>`3,409,303`|<br> <br>|<br> <br>`3,499,137`|<br> <br>`500`|<br> <br>`3,495,637`|
|`EXPENDITUREON:`|`11`|||||||||
|`RaisingFunds`|||`35,738`|`-`|`35,738`||`47,856`|`-`|`47,856`|
|`Charitableactivities`|||`3,238,770`|`1,347`|`3,240,117`||`3,266,983`|`333`|`3,267,316`|
|`Totalexpenditure`|<br>|<br>|<br> <br>`3,274,508`|<br> <br>`1,347`|<br> <br>`3,275,855`|<br> <br>|<br> <br>`3,314,839`|<br> <br>`333`|<br> <br>`3,315,172`|
|`Netincome/expenditureandnet`|||`121,615`|`11,833`|`133,448`||`184,298`|`167`|`184,465`|
|`movementinfunds`||||||||||
|`Transfersbetweenfunds`|`22`<br>||<br>`12,000`|<br>`(12,000)`|<br>`-`||<br>`“`|<br>`|`|<br>`.`|
|`Netmovementinfunds`|||`133,615`|`(167)`|`133,448`|<br>`|`|`184,298`|`167`|`184,465`|
|`Fundbalancesbroughtforward`|||<br>`3,902,021`|<br>`167`|<br>`3,902,188`|<br>|<br>`3,717,723`|<br>`-`|<br>`3,717,723`|
|`Fundbalancescarriedforward`|`21`<br>||`4,035,636`<br>|`-`<br>|`4,035,636`<br>|<br>|`3,902,021`<br>|`167`<br>|`3,902,188`<br>|
|`Allincomeandgainsfortheyeararerecognisedabove.Alloftheschool'sactivities`|||||`areclassed`|`as`|`continuing.`|||
|`TheStatementofFinancialActivitiesalsocomplieswiththerequirementsforanincomeandexpenditureaccount.`||||||||||
|`Thenotesonpages16to24formpartofthesefinancial`|||`statements`|||||||





|`PENNTHORPESCHOOLTRUSTLIMITED`|`PENNTHORPESCHOOLTRUSTLIMITED`||||`CompanyNumber:00799603`|`CompanyNumber:00799603`|
|---|---|---|---|---|---|---|
|`BALANCESHEET`|||||||
|<br>`ASAT31AUGUST2021`|||||||
|||`Notes`||`2021`||`2020`|
||||`£`|`£`|<br>`£`|`£`|
|`FIXEDASSETS`|||||||
|`Tangibleassets`||`13`||`4,432,004`||`4,363,995`|
|`CURRENTASSETS`|||||||
|`Stock`||`14`|`22,886`||`24,914`||
|`Debtors`||`15`|`168,105`||`190,840`||
|`Cashatbankandinhand`|||`694,405`||`703,870`||
||||`885,396`||`919,624`||
|`CURRENTLIABILITIES`|||||||
|`Creditorsduewithinoneyear`||`16`|`(627,141)`||`(638,443)`||
|`NETCURRENTASSETS/`|`(LIABILITIES)`|||`258,255`||`281,181`|
|`CREDITORSDUEAFTERMORETHANONEYEAR`||`17`||`(654,623)`||`(742,988)`|
|`NETASSETS`||||`4,035,636`||`3,902,188`|
|`REPRESENTEDBY:`|||||||
|`RESTRICTEDFUNDS`||`22`|||`-`|`167`|
|`UNRESTRICTEDFUNDS`||`21`|||||
|`Generalschoolfunds`||||`4,035,636`||`3,902,021`|
|||||`4,035,636`||`3,902,188`|
|`TheaccountswereapprovedbytheBoardofGovernorsand`<br>`3und`|||`signedon theirbehalf`<br>`AS`||`by:`<br>`LS`<br>||
||||`sJ Kapsalis`||||
|`Governor`|||`Governor`||||
|`Date:`<br>`2December2021`|||||||
|`Thenotesonpages16`|`to24formpartofthesefinancialstatements`||||||

















|`PENNTHORPESCHOOLTRUSTLIMITED`|`PENNTHORPESCHOOLTRUSTLIMITED`||||||
|---|---|---|---|---|---|---|
|`NOTESTOTHEFINANCIALSTATEMENTS`|||||||
|`FORTHEYEARENDED31AUGUST2021`<br>|||||||
|`8INCOMEFROMINVESTMENTS`|||||||
||||`UNRESTRICTED`|`RESTRICTED`|`TOTAL`|`TOTAL`|
||||||`2021`|`2020`|
||||`£`|`£`|`£`|`£`|
|`Interestreceivable`|||<br>`3,782`|<br>`-`|<br>`3,782`|<br>`3,527`|
|`9INCOMEFROMCHARITABLEACTIVITIES`|||||||
||||||`TOTAL`|`TOTAL`|
||||||`2021`|`2020`|
||||||`£`|`£`|
|`Grossschoolfees`|||||`3,565,345`|`3,751,211`|
|`lessbursariesandallowances`|||||`(349,801)`|`(480,581)`|
|`Netschoolfees`|||||`3,215,544`|`3,270,630`|
|`Add:`|||||||
|`Registrationfees`|||||`16,250`|`15,775`|
|`Extras`|||||`3,813`|`-`|
|`Schoolbusserviceandminibushire`|||||`3,867`|`4,687`|
|`Flexidayincome`|||||`86,723`|`78,530`|
|`Premiseshire`|||||`2,929`|`3,995`|
||||||`3,329,126`|`3,373,617`|
|`Bursariesandallowancesinclude`|`adiscount`|`provided`|`ontheSpringterm`|`2021feesas`|`aresultofthenationwide`||
|`lockdownarisingfromtheCovid-19`|`pandemic.`||||||
|`10OTHERINCOME`|||`UNRESTRICTED`|`RESTRICTED`|`TOTAL`|`TOTAL`|
||||||`2021`|`2020`|
||||`£`|`£`|`£`|`£`|
|`CoronavirusJobRetentionScheme`|`Grant`||`33,733`|`-`|`33,733`|`90,109`|
|`Profitondisposaloffixedassets`|||`-`|`-`|`-`|`2,735`|
||||<br>`33,733`<br>|<br>`-`<br>|<br>`33,733`<br>|<br>`92,864`<br>|
|`11ANALYSISOFEXPENDITURE`|||||||
|||`Staff`|`Depreciation`|`Other`|`Total`|`Total`|
|||`Costs`||`costs`|`2021`|`2020`|
|||`£`|`£`|`£`|`£`|`£`|
|`Costsofraisingfunds`|||||||
|`Schooluniformshop`||`-`|`-`|`19,786`|`19,786`|`27,499`|
|`Financecosts`||`-`|`-`|`15,952`|`15,952`|`20,357`|
|`Totalcostsofraisingfunds`|<br>|<br> <br>`-`|<br> <br>`-`|<br> <br>`35,738`|<br> <br>`35,738`|<br> <br>`47,856`|
|`Charitableactivities`|||||||
|`Education`|||||||
|`Teaching`||`1,839,716`|<br>`70,399`|`201,617`|`2,111,732`|`2,150,158`|
|`Welfare`||`-`|`-`|`214,304`|`214,304`|`213,976`|
|`Premises`||`99,020`|<br>`68,345`|`301,235`|`468,600`|`477,818`|
|`Supportandgovernance`||`316,129`|<br>`-`|`129,352`|`445,481`|`425,364`|
|`Totalcharitableexpenditure`|<br> <br>`:`|<br> <br>`2,254,865`|<br> <br> <br>`138,744`|<br> <br>`846,508`|<br> <br>`3,240,117`|<br> <br>`3,267,316`|
|`Totalexpenditure`|<br>|<br>`2,254,865`<br>|<br> <br>`138,744`<br>|<br>`882,246`<br>|<br>`3,275,855`<br>|<br>`3,315,172`<br>|
||||`19`||||









|`PENNTHORPESCHOOLTRUSTLIMITED`|`PENNTHORPESCHOOLTRUSTLIMITED`|`PENNTHORPESCHOOLTRUSTLIMITED`|||||
|---|---|---|---|---|---|---|
|`NOTESTOTHEFINANCIALSTATEMENTS`|||||||
|`FORTHEYEARENDED31AUGUST2021`<br>|||||||
|`12STAFFCOSTScont'd`|||||||
|`Staffearninginexcessof£60,000`|`per`|`annuminthefollowingbandsare:`|||||
||||||`2021`|`2020`|
||||||`Number`|`Number`|
|`£70,000-£79,999`|||||||
|`£100,000-£109,999`|||||||
|`Oftheemployeeswhoseemolumentsexceed£60,000,1 (2020:1)has`|||`benefitsaccruingunder`||`adefinedbenefitscheme.`||
|`Contributionspayablebythecompanytothatschemeforthehigherpaidemployee`||||`were:`|||
||||||`2021`|`2020`|
||||||`£`|`£`|
|`Definedbenefitschemes`|||||`16,014`|<br>`21,964`|
|`The`<br>`keymanagementpersonnel`|`of`|`theschoolaredetailed`<br>`inthe`|`Governors'`|`Reportand`|`Legaland`|`Administrative`|
|`Information.In2021:3 staff(2020:`|`3`|`staff)`|||||
||||||`2021`|`2020`|
||||||`£`|`£`|
|`Aggregateemployeebenefitsofkeymanagementpersonnel`|||||`308,116`|<br>`283,244`|
|`(includingemployernationalinsuranceandpensioncontributions)`|||||||
|`13TANGIBLEFIXEDASSETS`|||||||
|||`Freehold`|`Fixtures,`|`Computer`|`Motor`|`Total`|
|||`Landand`|`Fittings& `|`Equipment`|`Vehicles`||
|||`Buildings`|`Equipment`||||
|||`£`|`£`||`£`|`£`|
|`Cost`|||||||
|`At1 September2020`||`5,657,781`|`562,946`|`223,021`|`16,995`|<br>`6,460,743`|
|`Additions`||`95,101`|`50,853`|`63,525`|`-`|`209,479`|
|`Disposals`||`(1,585)`|`(30,162)`|`(56,332)`|<br>`-`|`(88,079)`|
|`At31August2021`||<br> <br>`5,751,297`|<br> <br>`583,637`|<br> <br>`230,214`|<br> <br>`16,995`|<br> <br> <br>`6,582,143`|
|`Depreciation`|||||||
|`At1 September2020`||`1,524,882`|`376,445`|`192,588`|`2,833`|<br>`2,096,748`|
|`Chargeforyear`||`68,345`|`49,674`|`17,705`|`3,020`|<br>`138,744`|
|`Eliminatedondisposal`||`(635)`|`(28,386)`|<br>`(56,332)`|<br>`-`|`(85,353)`|
|`At31August2021`||<br> <br>`1,592,592`|<br> <br>`397,733`|<br> <br>`153,961`|<br> <br>`5,853`|<br> <br> <br>`2,150,139`|
|`NetBookValue`|||||||
|`At31August2021`||<br>`4,158,705`|<br>`185,904`|<br>`76,253`|<br>`11,142`|<br> <br>`4,432,004`|
|`At31August2020`||`4,132,899`<br>|`186,501`<br>|`30,433`<br>|`14,162`<br>|<br>`4,363,995`<br>|





## 

|`14`|`STOCK`|||||
|---|---|---|---|---|---|
|||||`2021`|`2020`|
|||||`£`|`£`|
||`Stockofuniform`|||`22,886`|`24,914`|
|`15`|`DEBTORS`|||||
|||||`2021`|`2020`|
|||||`£`|`£`|
||`Feedebtors`|||`71,813`|`84,484`|
||`Prepaymentsandaccruedincome`|||`90,742`|`95,618`|
||`Otherdebtors`|||`5,550`|`10,738`|
|||||`168,105`|`190,840`|
|`16`|`CREDITORS:due`|`withinoneyear`||||
|||||`2021`|`2020`|
|||||`£`|`£`|
||`Bankloan(secured)`|||`62,425`|`56,930`|
||`Tradecreditors`|||`115,049`|`108,423`|
||`Accrualsanddeferredincome`|||`37,070`|`19,386`|
||`Othercreditors`|||`40,705`|`34,395`|
||`Feesinadvance`|||`303,872`|`356,532`|
||`Deposits`|||`26,500`|`22,000`|
||`Othertaxesand`|`socialsecurity`||`41,520`|`40,777`|
|||||`627,141`|`638,443`|
||`Feesinadvance`|`representfeesreceivedforAutumnterm2021.`||||
|`17`|`CREDITORS:dueaftermorethanoneyear`|||||
|||||`2021`|`2020`|
|||||`£`|`£`|
||`Bankloan(secured)`|||`557,623`|`620,388`|
||`Deposits`|||`97,000`|`122,600`|
|||||`654,623`|`742,988`|
|`18`|`ANALYSISOFSECUREDDEBTS`|||||
||`Thebankloaniswhollyrepayableininstalmentsasfollows:`|||`2021`|`2020`|
|||||`£`|`£`|
||`Inlessthanone`|`year`||`62,425`|`56,930`|
||`Inmorethanoneyearbutlessthanfiveyears`|||`249,700`|`227,720`|
||`Inmorethanfiveyears`|||`307,923`|`392,668`|
|||||`620,048`|`677,318`|
||`Thebankloan`|`issecuredbylegalchargesoverthefreeholdlandandbuildingsandbya debentureinfavourof`||||
||`BarclaysBankplc.Thebankloanwasformalised`||`withBarclaysBankplcon`|`10April2018fora 13yeartermata `||
||`variableinterest`|`rateof2%abovebaserate.`||||
||||`22`|||