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|---|---|---|---|
|Governors|||S M Barnett BScACG (Chairman)|
||||P YBooth BA PGCE (Vice Chairman)|
||||P A Kent FRICS ACIArb|
||||D Kelsey|
||||D EJ Kittow
LLB|
||||5 Mills BSMCIM MMRS MIDM|
||||I Rudge FRICS|
||||RJ Sharp|
|Acting Headmistress|||KStokes MA BA PGCE DipCG|
|General Manager||and Company Secretary|A BWarner|
|Charity Number|||307045|
|Company|Number||00875915|
|Registered|Office|Ik Principal Address|StJulian's
Lane|
||||Shoreham-by-Sea|
||||West Sussex|
||||8N43 6YW|
|Auditors|||TC Group|
||||The Courtyard|
||||Shoreham
Road|
||||Upper Beeding|
||||Steyning|
||||West Sussex|
||||BN44 3TN|
|Bankers|||Barclays Bank PLC|
||||North Street|
||||Brighton|
||||East Sussex|
||||BN1 1SF|
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||||Page|
|---|---|---|---|
|Governors'
Report (incorporating||the Strategic Report)||
|Statement
ofGovernors'
Responsibilities|||12|
|Independent
Auditor's|Report||13-15|
|Statement
of Financial|Activities||16|
|galance Sheet|||17|
|Cash Flow Statement|||18|
|Notes to the Accounts|||19-29|
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||||||Unrestricted|Designated|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|2020|2019|
|||||Notes|f|f|f|f|
|f|||||||||
|Incoming resources from generated|||funds||||||
|Donations|||||5,665||5,665|14,486|
|Government|grant income||||107,499||107,499||
|Bank Interest|||||16,652||16,652|15,241|
|Charitable
activities||||3|4,389,746||4,389,746|4,769,886|
|Total income|||||4,519,562||4d519d562|4799613|
|~ddt|||||||||
|Raising funds|||||||||
|Finance costs|||||738||738|3,008|
|Total cost of raising funds|||||738||738|3,008|
|Charitable
activities|||||||||
|Education|||||4,334,988||4,334,988|4,279,791|
|Total expenditure|||||4,335,726||4,335,726|4,282,799|
|Net income and expenditure|||||183,836||183,836|516,814|
|Transfer between||funds|||||||
|Fund balances|at|1September 2019|||7,552,821|1,200,000|8,752,821|8,236,007|
|Fund balances|at|31August 2020||14|7,736,657|1,200,000|8,936,657|8,752,821|
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|||||2020||2019||
|---|---|---|---|---|---|---|---|
|Fixed assets|||Notes|||||
|Tangible assets|||||5,507,339||5,638,052|
|Current assets||||||||
|Stocks||||28,663||18,515||
|Debtors|||8|1,806,755||1,365,379||
|Cash at bank and|In|hand||3,501,880||3,751,477||
|||||5,337,298||5,135,371||
|Creditors: amounts
year||falling due within one|9|(1,907,980)||(2,020,602)||
|Net current assets|||||3,429,318||3,114,769|
|Net assets|||||8,936,657||8,752,821|
|Income funds||||||||
|Unrestricted
funds:||||||||
|Designated
funds|||13||1(200,000||1,200,000|
|Other charitable|funds||||7,736,657||7,552,821|
||||||gp936,657||8,752,821|
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|||2020|2019|
|---|---|---|---|
|||f|E|
|Gross school fees||5,112,862|4,910,990|
|Bursaries, scholarships|and discounts|(794,062)|(249,686)|
|Net school fees||4,318,800|4,661,304|
|Minibus
income||60,555|81,874|
|Extras||10,391|26,708|
|Net school fees||4,389,746|4,769,886|
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|4. Total expend|iture||||||
|---|---|---|---|---|---|---|
|||Staff costs|Depreciation|Other|Total|Total|
||||E|Costs|2020|2019|
|||||f|E||
|Raising funds|||||||
|Finance costs||||738|738|3,008|
|Total cost ofraising funds||||738|738|3,008|
|Charitable
activities|||||||
|Education|||||||
|Teaching costs||2,751,324|40,368|94,295|2,885,987|2,660,920|
|Welfare costs||23,059||297,440|320,499|423,727|
|Premises costs||184,167|145,866|288,724|618,757|648,674|
|Support costs||343,154||166,591|509,745|546,470|
|Total charitable|activities|3,301,704|186,234|847,050|4,334,988|4,279,791|
|Total expenditure||3,301,704|186,234|847,788|4,335,726|4,282,799|
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|equivalent
em|ployees
during the year was:|||
|---|---|---|---|
|||2020|2019|
|||Number|Number|
|Teaching||42|41|
|Non-teaching||34|35|
|Tata I||76|76|
|Employment|casts|2020|2019|
|Wages and salaries||2,590,937|2,555,123|
|Socia
I security|costs|249,960|240,007|
|Other pension|costs|460,807|313,836|
|||3,301,704|3,108,966|
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|2020|2019|
|---|---|
|Number|Number|
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|7.
Tangibl|e fixed assets||||
|---|---|---|---|---|
|Cost||Land and
buildings|Fixtures,
fittings
&
equipment|Total|
|||f|f||
|At 1September 2019||7,398,158|555,030|7,953,188|
|Additions||35,848|19,673|55,521|
|Disposals|||||
|At 31August|2020|7,434,006|574,703|8,008,709|
|Depreciation|||||
|At 1September 2019||1,849,827|465,309|2,315,136|
|Charge for the year||145,866|40,368|186,234|
|Depreciation|on disposals||||
|At 31August|2020|1,995,693|505,677|2,501,370|
|Net book value|||||
|At 31August|2020|5,438,313|69,026|5,507,339|
|At 31August|2019|5,548,331|89,721|5,638,052|
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|8.
Debtors|||||
|---|---|---|---|---|
||||2020|2019|
|Trade debtors|||1,733,176|1,332,947|
|Prepayments|and accrued|income|73,579|32,432|
||||1,806,755|1,365,379|
|9.
Creditors: amounts||falling due within one year|||
||||2020|2019|
|||||6|
|Bank loans||||72,106|
|Trade creditors|||51,749|66,224|
|Taxes and social security||costs|61,643|60,216|
|Feesin advance|||1,615,618|1,641,986|
|Fee deposits|||80,450|76,250|
|Other creditors|||98,520|103,820|
||||1,907,980|2,020,602|
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|10. Creditors: amo|unts
falling due after more than one year|||
|---|---|---|---|
|||2020|2019|
|||6|f|
|Bankloans||||
|Analysis of loans||||
|Total repayable|||72,106|
|Due within one year|(Note 9)||(72,106)|
|Due after more than|one year|||
|Bank loan maturity|analysis|||
|Debt due in one year or less|||72,106|
|In more than one year but not more than two years||||
||||72,106|
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||||1|Balance at
September
2019|Incoming
Resources|Resources
Expended|Transfers|Balance at
31August
2020|
|---|---|---|---|---|---|---|---|---|
|Capital|Development|Fund||1,200,000||||1,200,000|
|||||1,200,000||||1,200,000|
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|||||Unrestricted
funds|Designated
funds|Total|
|---|---|---|---|---|---|---|
|Fund balances|at 31August 2020 are represented||by:||||
|Tangible fixed|assets|||5,507,339||5,507,339|
|Current assets||||4,137,298|1,200,000|5,337,298|
|Creditors: amounts||falling due within one year||(1,907,980)||(1p907,980)|
|||||7,736,657|1,200,000|8,936,657|
|||||Unrestricted
funds|Designated
funds|Total|
|Comparative|Fund|balances at31August 2019are|||||
|represented
by:|||||||
|Tangible fixed|assets|||5,638,052||5,638,052|
|Current assets||||3,935,371|1,200,000|5,135,371|
|Creditors: amounts||falling due within one year||(2,020,602)||(2,020,602)|
|||||7,552,821|1,200,000|8,752,821|
##
|||2020|2019|
|---|---|---|---|
|Reconciliation
to changes
in resources|||6|
|Changes
in resources|before revaluations|183,836|516,817|
|Interest received||(16,652)|(15,241)|
|Financing costs||738|3,008|
|Depreciation
oftangible
fixed assets||186,234|171,734|
|Profit on sale offixed assets|||(1,299)|
|(Increase)/decrease|in stocks|(10,148)|4,002|
|(Increase)/decrease|in debtors|(441,376)|2,585|
|Increase/(decrease)|in creditors|(40,516)|64,761|
|||(137,884)|746,367|
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||||2020|2019|
|---|---|---|---|---|
||||6|E|
|Increase/(decrease)in||cash|(249,597)|551,432|
|Repayment|of bank loan||72,106|98,926|
|Movement|in net funds||(177,491)|650,358|
|Net funds|at 1September 2019||3,679,371|3,029,013|
|Net funds|at 31August|2020|3,501,880|3,679,371|
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|||At 1
September
2019|Cash f)ow|Non-cash
changes|At 31August
2020|
|---|---|---|---|---|---|
|||6|E||6|
|Cash|at bank and in hand|3,751,477|(249,597)||3,501,880|
|Debt|due within one year|(72,106)|72,106|||
|||3,679,371|(177,491)||3,501,880|
##
||2020|2019|
|---|---|---|
|||f|
|Expiry date:|||
|Within one year|48,269|48,269|
|Between two and five years|116,650|164,918|