## ## |Trustees and Governing|Body|Douglas Moody-Stuart
BA (Hons) (Chairman)
David lgng (Deputy Chairman)
Martina Asmar '"|Douglas Moody-Stuart
BA (Hons) (Chairman)
David lgng (Deputy Chairman)
Martina Asmar '"|Douglas Moody-Stuart
BA (Hons) (Chairman)
David lgng (Deputy Chairman)
Martina Asmar '"|Douglas Moody-Stuart
BA (Hons) (Chairman)
David lgng (Deputy Chairman)
Martina Asmar '"|1|3| |---|---|---|---|---|---|---|---| |||David Armitage t|||||| |||Sarah Wickens"|||||| |||Anthony
Goddard
MA (Cantab) ' (resigned 1st||||August 2021)|| |||Niall Hamilton
2|||||| |||Caroline Bonnor-Moris||1|||| |||Sarah Kerr-Dineen
4 (appointed|||1stSeptember||2020)| |||Charlotte
3ohnston 4 (appointed|||24th November||2020)| |||' Member of Finance fk
' Member of Marketing||General Purposes Sub-committee
Sub-committee|||| |||s Member of Succession||Panel|||| |||4 Member of Education||Sub-committee|||| |Headmaster||Ben Evans BA(Hons).|PGCE.||||| |Company secretary||Emma Harris|||||| |School bursar||Emma Harris|||||| |Website||www. windlesham.
corn|||||| |Auditor||Kreston Reeves LLP|||||| |||Springfield
House|||||| |||Springfield
Road|||||| |||Horsham|||||| |||West Sussex RH12 2RG|||||| |Registered office||Windlesham
House School|||||| |||Washington|||||| |||West Sussex|||||| |||RH20 4AY|||||| ## ## ## ## |Bankers|||Barclays Bank Pic|| |---|---|---|---|---| ||||Barclays Corporate|Banking| ||||90/92 High Street|| ||||Crawley|| ||||RH10 1BP|| ||||Knights Solicitors|LLP| ||||Midland
House, West Way|| ||||Oxford|| ||||OX2 OPH|| |Insurance|brokers and actuaries||Marsh Brokers Limited|| ||||Capital
House|| ||||1-5 Perrymount
Road|| ||||Haywards
Heath|| ||||RH16 3SY|| |Registered|company|number|00747222|| |Registered|charity number||307046|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestrkted|Restricted|Restricted|Total|Tots/| |---|---|---|---|---|---|---|---|---| ||||Notes|funds|funds||2021|2020| |||||E||E|E|1| |INCOME FROM:||||||||| |Donations
and legacies||||183,017|11,763||194,780|468,833| |Charitable
activities:||||||||| |School fees||||5,340,928|||5,340,928|6;543459| |Other educational|income|||18,735|||18,735|14,322| |Other ancillary activities||||209,686|||209,686|220003| |Other trading
activities||||38,957|||38,957|37,723| |Investment
income:||||||||| |Bank interest receivable||||665|||665|5866| |||||9 90|||08
~|8'
N'| |EXPENDITURE ON:||||||||| |Raising funds:||||||||| |Development
and|fundraising|costs||5,836|||5,836|15057| |Financing
costs||||99,597|||99,597|143,114| |Charitable
activities;||||||||| |School operating
costs|||8|6,853,864|||6,853,864|735603275| |Other||||781|||781|781| |||||6 960 0 0|||696 00|9»| |Net income||||(1,168,090)|11,763||(1,156,327)|(429021)| |Transfers between funds
Net movement
in funds
Reconciliation offunds:
Total funds brought
forward|||19|101,454
(1,066,636)
0 600570|(1017454)
(89,691)
0
7||(1,156,327)
(4293021)
0» 3|| |Total funds carried|forward||19|7537936|20|486|7558422|8714749| ## ## ## |||||||||| |---|---|---|---|---|---|---|---|---| |ASAT3|1AUGUST 2021|||||REGISTERED|NUMBER:|00747222| |||||Notes||2021||2020| |||||||6|6|6| |Fixed assets||||||||| |Tangible assets||||12||13,511,617||14190336| |Fixed asset|investments|||13||1||1| |||||||13,511,618||14,190337| |Current assets||||||||| |Debtors||||14|350,106||284851|| |Cash at bank and in hand|||||66 66||~d|| ||||||1,192,608||1,532,768|| |Cdd:|llllldd||idi|66~6666|||1402784|| |Net current assets||||||170017||| |Total assets less current liabilities||||||13,341,601||14,320321| |Creditors:|amounts|falling due|after more|||||| |than one|year|||||(567836179)||(56605572)| |||||||7,558,422||8,714,749| |The funds|ofthe chadity|||||||| |Unrestricted|funds|||19||7,537,936||8604 572| |Restricted|funds|||19||20,486||110177| |||||||7,558,422||8714749| ## ## ## ||||Notes|2021|2020| |---|---|---|---|---|---| |||||E|| |Net cash inflow from operating||activities||(199,897)|298535| |Cash flows from investing|activities||21|(172,787)|/270 404)| |Cash flows from financing|activities||21|(32,735)|(443791)| |Net (decrease) / increase|in cash and cash equivalents|||(405,419)|(415660)| |Cash and cash equivalents|at 1|September||1,247,918|1,6'63 578| |Cash and cash equivalents|at31August||||88| |Reconciliation ofnet incoming||resources to||2021|2020| |net cash inflow from operating||activities||E|6| |Operating
(defiat)/surplus||||(1,156,327)|(429021)| |Interest received||||(665)|(5866)| |Interest
paid||||87,800|124291| |Depreciation
charges||||852,171|853096| |Decrease/(Increase)
in debtors||||(65,255)|210969| |Increase
in crediinrs||||82,379|(454934)| |Net cash inflow from operating||activities||~999898|99888| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Fixedassets and depreciation|Fixedassets and depreciation|||||| |---|---|---|---|---|---|---| |Depreciation
is provided
on all tangible|||fixed assets, excluding|land,|at rates calculated to|write offthe cost less estimated| |residual
value over|their expected
useful economic lives as follows:|||||| |Freehold
permanent|buildings||||3%by the straight|line method| |Freehold
buildings|of non permanent|construction|||5% by the straight|line method| |Motor vehicles and|grounds
equipment||||20% by the straight|line method| |Furniture,
fittings,|equipment,
computer||Ei electrical equipment|||| |which includes:||||||| |Furniture,
fittings
0r equipment|||||10%by the straight|line method| |Computer
ti electrical equipment|||||25% by the straight|line method| ## ## ## ## ## ## ## ## ## ## ## ## ## |2|Net income for the year||||2021||2020| |---|---|---|---|---|---|---|---| ||||||6||E| ||This is suited after charging/(crediting):||||||| ||Depreuation
of owned fixed|assets|||852,171||853,096| ||Auditor's
remuneration||||12000||11310| |3|Donations and legacies||Unrestricted|Restricted|Total||Total| ||||funds|funds|2021||2020| |||||6|6||E| ||Donations||32,410|11,763|44,173||111,470| ||Government
Grants||||60||33 363| ||||103017|6|9
8||63033| |4|Income from||Unrestricted|Restricted|Total||Total| ||charitable activities||funds|funds|2021||2020| ||||6|6|6||E| ||School fees||||||| ||Standard fees||5,766,039||5,766,039|6,948399|| ||Extras and other tuition fees||270,159||270,159||2723129| ||Less: bursaries,
grants and|allowances|(695,270)||(695,270)|(677,069)|| ||||3 0 928||3
8|6|9| ||Other educational
income||||||| ||Registration
fees||14,235||14,235||9222| ||Windlesham
House Assodation||4,500||4,500||5,100| ||||18735||1073||322| ||Other ancillary activities||||||| ||Pupil disbursements||175,861||175,861||206114| ||Halden
Family Theatre||||||| ||Educational
and charitable|lettings|33,825||33,825||13,889| ||||209686||209 606||232061| ## ## ## |FO|RTHE YEAR|ENDED 31|AU|GUS|T 202|1||||| |---|---|---|---|---|---|---|---|---|---|---| |5|Other trading|activities||||Unrestricted|Restricted||Total|rota/| |||||||funds|funds||2021|2020| |||||||6||6|6|| ||Utilities recharged|||||28,196|||28,196|29011| ||Other income|||||10,761|||10,761|8212| |||||||38957|||389|33333| ||All income from|other trading|activities||in 2020/21 was attributable||to unrestricted|funds.||| |6|Development|and fundraising||costs||tinrestricted|Restricted||Total|rota/| |||||||funds
6|funds
6||2021
6|2020r| ||Staff costs|||||5,064|||5,064|13299| ||Other costs|||||772|||772|1,308| |||||||~836|||3836|9*| ||All expenditure
on development
and fundraising
|All expenditure
on development
and fundraising
|All expenditure
on development
and fundraising
|costs in 2020/21 was|attributable
to unrest|ricted
funds.|| |---|---|---|---|---|---|---|---| |7|Financing costs|||Unrestricted|Restricted|Total|Total| |||||funds|funds|2021|2020| |||||6|5|6|8| ||Bad debts|||11,797||11,797|18823| ||Interest|payable|on bank loans and overdrafts|86,123||86,123|120,899| ||Interest|payable|on all other loans|1,677||1,677|3,iS/2| |||||99597||99|3| ## ## ## ## |Unrestricted|Unrestricted||funds||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||Other||||2021|2020| |||||||||costs|Depreciation||||6| |Teaching|||||2,837,010|||88,853||115,379||390419242|3691662| |Welfare|||||319,501|||454,965||60,482||834,948|0599229| |Premises|||||463,182|||564,516||630,131||196579829|1627562| |Pupil disbursement|||||||||||||09 98| ||||||3,619,693||1,280,148|||805,992||5,705,833|6;352,221| |Support|costs||||||||||||| |Other support|||costs for||||||||||| |schooling|||||523,948|||577,905||46,178||1,148,031|1,202,504| ||||||300||3558853|||853
0||65306|| |Alf expenditure|||on school|operating|costs in|2020/21|was attributable||to|unrestricted|funds.||| |Governance||costs included||within charitable||expenditure||can be analysed||below:|||| ||||||||Unrestricted|||Restricted||Total|Tora/| |||||||||funds||funds||2021|2020| |||||||||5||6||6|6| |Staff costs||||||||12,000||||12,000|12000| |Other costs||||||||11,858||||11,858|13,024| |Auditor's|remuneration;||||||||||||| |Audit|fees|||||||129000||||12,000|11,310| |Non-audit||fees|||||||||||| |||||||||35858||||~8|36339| ## ## ## |9|Staff|costs|2021|2020| |---|---|---|---|---| ||||E|6| ||Wages|and salaries|3,363,719|3776468| ||Social|security costs|356,763|350769| ||Other|pension costs|364,917|5&f,332| ||Death|in service insurance|*00|33000| ||||430970659|47033567| ||Other|staff costs|51,046|706119| ||||4,148,705|4,809,686| ## ||Average num|ber of monthly
emplo|yees
during the year:||| |---|---|---|---|---|---| |||||2021|2020| ||Teaching|||81|90| ||Other|||57|72| |||||138|162| |10|Remuneration|ofkey management|personnel||| |||||2021|2020| |||||6|6| ||Wages and salaries|||481,323|57550f| ||Social security
Other pension|costs
costs||56,694
68529
0330» 3|| |||||03030|330 0| ## ## ## ## ## ## ## ## ## ||The Charity owns the|entire|share capital ofWindlesham|share capital ofWindlesham|Community|Facilities Limited (Company|Facilities Limited (Company|Number:|10878580),a| |---|---|---|---|---|---|---|---|---|---| ||dormant
company
incorporated|||in England 6Wales on|21Iuly 2017.The turnover||for the year|was Enil and profit for the|| ||year was Enil. The aggregate||amount ofcapital and reserves at the year end was||||E1.||| |14|Debtors|||||||2021|2020| |||||||||6|E| ||Schoolfees|||||||154,761|31,080| ||Other debtors||||||||59075| ||Prepayments|||||||9~
~|96696| |||||||||350,106|284850| |15|Creditors: amounts|falling due within one year||||||2021|2020| |||||||||6|E| ||Pupil deposits|||||||54,282|108930| ||Bankloan||||||||100,500| ||Fees in advance|||||||880,706|582,710| ||Taxes and soaal security costs|||||||79,278|109531| ||Trade and other creditors|||||||219,964|256293| ||Accruals|||||||111,149|238320| ||Finance lease|||||||9 6|6699| ||||||||1,362,625||1,402 284| ||Included
in fees in advance:||||||||| ||Deferred income:||||||||| ||Deferred
income at|1 September 2020|||||||582,710| ||Resources deferred|during|the|year|||||880,706| ||Amounts
released from previous year||||||||| ||Deferred
income at|31August||2021|||||9| ## ## ## |16|Creditors: amounts|falling due after one year|2021|2020| |---|---|---|---|---| ||||6|6| ||Pupil deposits||241,860|200522| ||Bankloan||5541319|5392000| ||||5,783,170|5605522| ## |Total future|minimum|finance lease payments|are as follows:||| |---|---|---|---|---|---| |||||2021|2020| |||||E|| |Not later than one year||||17,246|2,200| |Later than|one year|and no later than five years|||| ||||||2DO| ## ## ## ## ## |19|Fund Reconciliation|As at||||As at| |---|---|---|---|---|---|---| |||1September||||31August| |||2020|Transfers|Income|Expenditure|2021| |||5|6|6|6|6| ||Unrestricted
funds|||||| ||General
Fund|8,604,572|101,454|5,791,988|(6,960,078)|7,537,936| ||Restricted
Funds|||||| ||Windlesham
Foundation:|||||| ||Capital Fund|90,448|(101,454)|11,006||| ||Bursary Fund|18,709||300||19,009| ||Hardship
Fund|D20||457||1,477| |||110,177|(101,454)|11,763||20,486| ||Totalfunds|8,714,749||Sg803I751|(6r960r078)|yg558g422| ## ## ## ## ## ## |20|Analysis ofnet assets between funds - current year|Analysis ofnet assets between funds - current year|Analysis ofnet assets between funds - current year|Analysis ofnet assets between funds - current year|Unrestricted|Restricted|| |---|---|---|---|---|---|---|---| ||||||funds|funds|2021| ||||||6|6|6| ||Fund balances at 31|August|2021 are represented|by:|||| ||Fixed assets||||13,511,618||13,511,618| ||Current assets||||1,172,122|20,486|1,192,608| ||Current
liabilities
Non-current
liabilities||||(1,362,625)
~507
79||(1,362,625)
~583579| ||||||7,537,936|20,486|7,558,422| ||Analysis ofnet assets between funds - prior|||year|Unrestricted|Restricted|| ||||||funds|funds|2020| ||Fund balances at 31|August|2020 are represented|by:|||| ||Fixed assets||||14,190,337||14,190,337| ||Current assets||||1,422,591|110,177|1,532,768| ||Current
liabilities
Non-current
liabilities||||(1,402,784)
~5605 572||(17402,784)
~60
2| |||||||0|0714749| |21|Gross cash flows|||||2021|2020| |||||||6|6| ||Cash flows from financing||activities||||| ||Loan repayments||||||(3017500)| ||Additional
borrowings|||||43,819|| ||Interest
paid|||||(87,800)|(126291)| ||Finance lease repayments|||||(9,449)|(18,000)| ||Finance lease borrowing|||||20695|| |||||||(32,735)|(443,791)| ||Cash flows from investing||activities||||| ||Purchase oftangible|fixed assets||||(173,452)|(276270)| ||Interest
received||||||5565| |||||||(172,787)|(27040f)| ## ## ## |22|Analysis ofchanges
in|net debt|net debt||At 1Sept|At 1Sept|||Other non-|At 31Aug| |---|---|---|---|---|---|---|---|---|---|---| |||||||2020||Cash flows|cash changes|2021| ||Cash and cash equivalents
Cash||||1|98|~05 16|||842 502| ||||||1,247,918|||(405,416)||842,502| ||gorrowings|||||||||| ||Loan due within one year||||(100,500)|||(43,819)||(144,319)| ||Loan due after one year||||(5,397,000)|||||(5,397,000)| ||Finance Lease due within|one year|||(6,000)|||11,246||5,246| ||Finance Lease due after one year|||||||||| ||||||(5,503,500)|||(32,573)||(5,536,073)| ||Total||||~3583||~435989|||~693| ||Reconciliation ofnet cash flow to|||movement|in net debt|||||| |||||||||||2021| ||Increase
in cash in the|period||||||||(405,416)| ||Additional
borrowings|||||||||(43,819)| ||Finance lease repayments|||||||||20,695| ||Finance Lease borrowing|||||||||| ||Change
in net debt
Net debt at 1Sept 2020|||||||||(437,989)
~55 50| ||Net debt at31Aug 2021|||||||||4693571| |23|Obligations
under operating||leases|||||||| ||Total future minimum
lease payments|||under non-cancegable||operating||leases are as follows:||| ||||||||||2021|2020| ||||||||||E|E| ||Operating
leases which expire:|||||||||| ||within one year||||||||116,776|97,455| ||within
two to five years||||||||186,277|2055,041| ||later than five years|||||||||| ||||||||||303053|391396| ## ##