#
##
##
##
##
##
##
##
##
|||Page|
|---|---|---|
|Governors'
Report (incorporating|the Strategic Report)||
|Statement ofGovernors'
Responsibilities||12|
|Independent
Auditor's
Report||13-17|
|Statement of FinancialActivities||18|
|Balance Sheet||19|
|Cash Flow Statement||20|
|Notes to the Accounts||21-31|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
#
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|Designated|Total|Total|
|---|---|---|---|---|---|---|---|
||||Notes|Funds
f|Funds
f|2021
f|2020
f|
|f||||||||
|Incoming resources from generated||funds||||||
|Donations||||100||100|5,665|
|6overnment
grant income||||37,258||37,258|107,499|
|Lettings income||||3,514||3,514||
|Bank interest||||3,605||3,605|16,652|
|Charitable
activities|||3|4,682,442||4,682,442|4,389,746|
|Total income||||4,726,919||4,726,919|4,519,562|
|Raising funds||||||||
|Finance costs||||||||
|Total cost of raising funds|||||||738|
|Charitable
activities||||||||
|Education||||4,401,816||4,401,816|4,334,998|
|Total expenditure||||4,401,816||4,401,816|4,335,726|
|Net income and expenditure||||325,103||325,103|183,836|
|Transfer between|funds||12|(175,000)|175,000|||
|Fund balances at|1September 2020|||7,736,657|1,200,000|8,936,657|8,752,821|
|Fund balances at|31August 2021||13|7,886,760|1,375,000|9,261,760|8,936,657|
##
##
##
|||||2021||2020||
|---|---|---|---|---|---|---|---|
|Fixed assets|||Notes|||||
|Tangible assets|||||5,387,190||5,507,339|
|Current assets||||||||
|Stocks||||29,610||28,663||
|Debtors|||8|1,346,138||1,806,755||
|Cash at bank and|in|hand||4,420,975||3,501,880||
|||||5,796,723||5,337,298||
|Creditors: amounts
year||falling due within one|9|(1,922,153)||(1,907,980)||
|Net current assets|||||3,874,570||3,429,318|
|Net assets|||||9,261,760||8,936,657|
|Income funds|||13|||||
|Unrestricted
funds:||||||||
|Designated
funds|||12||1,375,000||1,200,000|
|Other charitable|funds||||7,886,760||7,736,657|
||||||9,261,760||8,936,657|
##
##
|||Notes||2021||2020|
|---|---|---|---|---|---|---|
|||||6||6|
|Cash flows from operating|activities|14||982,681||(137,884)|
|Cash flows from investing|activities||||||
|Purchase oftangible
fixed
Finance costs
Interest received|assets||(67,191)
3,605||(55,521)
(738)
16,652||
|Net cash from investing
activities||||(63,586)||(39,607)|
|Cash flows from financing|activities||||||
|Repayment
of bank loan|||||(72,106)||
|Net cash outflow from financing
activities||||||(72,106)|
|Increase
in cash and cash equivalents||||919,095||(249,597)|
|Cash and cash equivalents|at start ofyear|||3,501,880||3,751,477|
|Cash and cash equivalents|at end ofyear|||4,420,975||3,501,880|
|All cash is cash at bank and|in hand.||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||2021|2020|
|---|---|---|---|---|---|---|
||||||E|f|
|Gross school fees|||||4,990,577|5,112,862|
|Bursaries,|scholarships|and discounts|*||(406,464)|(794,062)|
|Net school|fees||||4,584,113|4,318,880|
|Minibus
income|||||72,510|60,555|
|Extras|||||||
||||||25,819|10,391|
|Net school|fees||||4,682,442|4,389,746|
|' Includes|COVID -19|fee adjustments||for both 2021 and 2020.|||
|||Staff costs
E|Depreciation
f|Other
Costs|Total
2021|Total
2020|
|---|---|---|---|---|---|---|
|||||6|E|f|
|Raising funds|||||||
|Finance costs|||||||
|||||||738|
|Total cost ofraising funds||||||738|
|Charitable
activities|||||||
|Education|||||||
|Teaching costs
Welfare costs
Premises costs||2,687,307
22,350
239,073|40,736
146,603|80,007
322,336
307,384|2,808,050
344,686
693,060|2,885,987
320,499
618,757|
|Support costs||350,472||205,548|556,020|509,745|
|Total charitable|activities|3,299,202|187,339|915,275|4,401,816|4,334,988|
|Total expenditure||3,299,202|187,339|915,275|4,401,816|4,335,726|
##
##
##
##
|equivalent
e|mployees
during the year was:|g
mony
nume|of full time|
|---|---|---|---|
|||2021|2020|
|||Number|Number|
|Teaching||41|42|
|Non-teaching||35|34|
|Total||||
|||76|76|
|Employment|costs|2021|2020|
|Wages and salaries||2,590,388|2,590,937|
|Social security|costs|251,963|249,960|
|Other pension|costs|456,851|460,807|
|||3,299,202|3,301,704|
##
##
##
|2021|2020|
|---|---|
|Number|Number|
##
|7.
Tangible fixed assets||||
|---|---|---|---|
|Cost|Land and|Fixtures,||
||buildings|fittings
&
equipment|Total|
|At 1September 2020
Additions|f
7,434,006
34,813|f
574,703
32,378|f
8,008,709
67,191|
|At 31August 2021|7,468,819|607,080|8,075,900|
|Depreciation||||
|At 1September 2020
Charge for the year|1,995,693
146,603|505,677
40,736|2,501,370
187,339|
|At 31August 2021|2,142,296|546,413|2,688,709|
|Net book value||||
|At 31August 2021|5,326,523|60,667|5,387,190|
|At 31August 2020|5,438,313|69,026|5,507,339|
##
##
|8.
Debtors|||||
|---|---|---|---|---|
||||2021|2020|
|Trade debtors|||||
||||1,308,025|1,733,176|
|Prepayments|and accrued income||38,113|73,579|
||||1,346,138|1,806,755|
|9.
Creditors: amounts||falling due within one year|||
||||2021|2020|
|Trade creditors
Taxes and social security costs
Fees in advance
Fee deposits
Other creditors|||f
64,412
61,430
1,641,824
90,650
63,837|f
51,749
61,643
1,615,618
80,450
98,520|
||||1,922,153|1,907,980|
##
##
##
##
##
##
##
##
##
||||1|Balance at
September
2020|Incoming
Resources|Resources
Expended|Transfers|Balance at
31August
2021|
|---|---|---|---|---|---|---|---|---|
|Capital|Development|Fund||1,200,000|||175,000|1,375,000|
|||||1,200,000|||175,000|1,375,000|
##
##
|||||Unrestricted
funds|Designated
funds|Total|
|---|---|---|---|---|---|---|
|Fund balances at|31August 2021are represented||by:||||
|Tangible fixed assets
Current assets||||5,387,190||5,387,190|
|Creditors: amounts|falling due|within one year||4,421,723
(1,922,153)|1,375,000|5,796,723
(1,922,153)|
|||||7,886,760|1,375,000|9,261,760|
|||||Unrestricted
funds|Designated
funds|Total|
|Comparative
Fund|balances at|31August 2020 are|||||
|represented
by:|||||||
|Tangible fixed assets
Current assets
Creditors: amounts
falling due within one year||||5,507,339
4,137,298
(1,907,980)|1,200,000|5,507,339
5,337,298
(1,907,980)|
|||||7,736,657|1,200,000|8,936,657|
|14. Net cash inflow/(outflow)||from operating activities|||||
|Reconciliation to changes
in resources|||||2021
f|2020
6|
|Net income|||||||
|Interest received|||||325,103|183,836|
|Financing costs|||||(3,605)|(16,652)|
|Depreciation
oftangible
fixed assets
(Increase)/decrease
in stocks
(Increase)/decrease
in debtors
Increase/(decrease)
in creditors|||||187,339
(947)
460,617
14,174|738
186,234
(10,148)
(441,376)
(40,516)|
||||||982,681|(137,884)|
##
##
||2021|2020|
|---|---|---|
|Increase/(decrease)
in cash
Repayment
of bank loan
Movement
in net funds
Net funds at 1September 2020
Net funds at 31August 2021|E
919,095
919,095
3,501,880
4,420,975|f
(249,597)
72,106
(177,491)
3,679,371
3,501,880|
|||||||At 1||||
|---|---|---|---|---|---|---|---|---|---|
|||||||September|Cash flow|Non-cash|At 31August|
|||||||2020||changes|2021|
|Cash|at|bank|and|in|hand|E
3,501,880|f
919,095||E
4,420,975|
|||||||3,501,880|919,095||4,420,975|
##
|17. Commitments
under operati|ng
leases|||||
|---|---|---|---|---|---|
|At 31August 2021 the company
follows:|had total commitments|under|non-cancellable|operating|leases as|
|||||2021|2020|
|Expiry date:||||E|f|
|Within one year
Between two and five years||||48,269
68,381|48,269
116,650|