##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||Unrestricted|itestvlcted|||
|---|---|---|---|---|---|---|---|---|
||||Note||Funds|funds|2021|2020|
||||||||f.|6|
|Income from:|||||||||
|Donations
and legacies|||||||||
|Grants and donations||||||2,331|2,331|15,066|
|Furlough
Income|||||30,684||30,684|135,938|
|Cbaritabi«activities:|||||||||
|School fees receivable||||2|3,367,049||3,367,049|3,123,227|
|Other educational|income||||345,928||345,928|350,320|
|Other trading
activities
Trading turnover —school|||shop||37,987||37,987|38,611|
|Rents and lettings|||||95,098||95,098|100,665|
|Investments|||||||||
|investment
income|||||218||218|1,776|
|Total income|||||3,876,964|2,331|3,879,295|3,76S,603|
|Expenditure
on:|||||||||
|Raising funds|||||||||
|Cost ofgoods sold|and|other costs|||54,620||54,620|32,508|
|Charitable
activities|||||||||
|School operating costs|||||3,767,280|8,247|3,775,527|3,766,178|
|Total expenditure||||3|3,821,900|8,247|3,830,147|3,798,686|
|Net income||||4|55,064|(5916)|49,148|(33,083)|
|Novement
in funds for the|||period||55,064|(5,916)|49,148|(33,083)|
|Balance brought forward|as at||I August||1,304,565|17,733|1,322,298|1,355,38 I|
|Balance carried forward||as|at 31 August||1,359,629|II,&17|1,3?1,446|1,322,298|
##
##
##
||||Note|2021|2020|
|---|---|---|---|---|---|
|||||6|6|
|Fixed assets||||||
|Tangible assets|||6|1,589,23 I|1,656,840|
|Investments|||18||I|
|||||1,589,232|1,656,841|
|Current assets||||||
|Stocks
Debtors||||38418
135,106|31,235
95,010|
|Cash||||910,644|657,993|
|||||1,084,168|784,238|
|Creditors: amounts||falling due within one year||961,270|940,893|
|Net current|assets|||122,898|(156,655)|
|Total assets|less current liabilities|||1,712,130|1,500,186|
|Creditors: amounts||falling due after more than one year||340,684|177,888|
|Net assets||||1,371,446|1,322,298|
|Represented|by:|||||
|Unrestricted|funds||II|1,359,629|1,304,565|
|Restricted
funds|||12|11,817|17,733|
|Total funds||||1,371,446|1,322,298|
##
|||||||2021
2021|2020|2020|
|---|---|---|---|---|---|---|---|---|
|||||||E
E|E||
|Cash flows from operating||activities:|||||||
|Cash inflow from operations||||||198,974||124,215|
|Interest
paid|||||(4,637)||(3,419)||
|||||||(4,637)||(3,419)|
|Net cash inflow from operations||||||194,337||120,796|
|Cash flows from investing|activities||||||||
|Interest received|||||218||1,776||
|Payments
for tangible fixed assets|||||(131,732)||(20,545)||
|Net cash provided for investing||activities||||(131,514)||(18,769)|
|Cash flows from financing||activities|||||||
|Banl& loan repayments|||||(10,177)||(23,817)||
|Cash inflow from new borrowings|||||200,000||||
|||||||189,828||(23,817)|
|Increase in cash and cask equivalents||||in the year||252&651||78,210|
|Cash and cash equivalents
at beginning|||of|period||657&993||579,783|
|Cash and cash equivalents||at end|of|period||910,644||657,993|
|Reconciliation
ofnet incoming resources to net cash|||||provided|by operating
activities|||
|||||||2021
2021|2020|2020|
|Net (expenditure)/in«ome||||||49,148||(33,083)|
|Adjustments:|||||||||
|Investment
income||||||(218)|(1,776)||
|Financing costs||||||4,637|3,419||
|Depreciation||||||199,341|193,549||
|Increase
in debtors|||||(40,096)||58,625||
|(Decrease)fincrease
in creditors||||||(6,655)|(97,277)||
|(Decrease)/increase
in steel&||||||(7,183)|?58||
|||||||149,826||157,298|
|Net cash Inflow from operations||||||198&974||124,215|
##
|||At 0IL09.20|Cash flow|At 31.08.21|
|---|---|---|---|---|
||||f|f|
|Net cash|||||
|Cash at banl&||~65
657 993|25265I
~6|$0644
~064|
|Debt||{23,8 I7)|(27,035)|(50,852)|
|Debts falling due within|I year|(~78 )|~16 29@|~340684|
|Debts falling due after|I year|~2|(~89
)|(~391536|
|Total||456288||5J9.LQ8|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Expenditure|||||202i|2020|
|---|---|---|---|---|---|---|
||||||E||
|Raising Funds —cost|of goods||sold||54,620|32,508|
|Charitable
activities|||||||
|Staff costs|||||2„704s234|2,784,767|
|Staffing expenses|||||16,943|17,582|
|Teaching costs|||||132,913|127,902|
|Support and welfare|costs||||350,596|291,328|
|Premises costs|||||351,520|323,290|
|Financing costs|||||11,733|9,434|
|Depreciation|||||199i341|193,549|
|Subtotal - unrestricted||funds|||3,821,900|3,780,359|
|Expenditure
from restricted|||funds (note 12)||8,247|18,327|
|Total|||||3,830,147|3,798,686|
|All ofthese amounts|relate|to the operation||ofWest Hill Pari& School.|||
##
||Net incoming
resources|Net incoming
resources|2021|2Q20|
|---|---|---|---|---|
||||E|f.|
||These are stated after charging:||||
||Auditors'
remuneration|(audit services)|9,360|8,510|
||Auditors
(non audit services)|||10,824|
||Depreciation
oftangible|fixed assets|199,341|193,549|
||Bank and loan interest||11,733|9,434|
||Hire o(motor vehicles||IQ&913|11,931|
||Hire ofplant and equipment||5,108|5,108|
|5|Staff costs||2021|2020|
||Wages and salaries||2,216,426|2,223,074|
||National
insurance||206,734|215,887|
||Pension costs||281,074|345,806|
||Total||2,704,234|2,784,767|
|E267,584).|
||
|---|---|---|
|Staff' numbers|2021|2020|
|Teaching|57|59|
|Support|13|8|
|Welfare|5|3|
|Premises|14|17|
|Catering|8|7|
|||94|
|||||Period|
|---|---|---|---|---|
|||||1,8, 19|
||||Year ended|to|
||||31.8.21|31.8.20|
|E60,001|-|E70,000|||
|E80,000|-|F90,000|||
|E90,000|-|E 100,000|||
##
|an|gible fixed assets|||||
|---|---|---|---|---|---|
|||Freehold|Plant and|Motor||
|||property|equipment|Vehicles|Total|
||||||6|
|Cost||||||
|At|I September 2020|2,657,460|1,908,240|64,948|4,630,648|
|Additions|||131,732||131,732|
|At|31August 2021|2,657,460|2,039,972|64,948|4,762,380|
|Depreciation||||||
|At|I September 2020|1,471,636|1,464,144|38,028|2,973,808|
|Provided
during the year||87,228|104,037|8,076|199,341|
|At|31August 2021|1,558,864|1,568,181|46,104|3,173,149|
|Net|book value|||||
|At|31 August 2021|1,098,596|471,?91|18,844|1,589,231|
|At|31 August 2020|1,185,824|444,096|26,920|1,656,840|
|Debtors|||2021|2020|
|---|---|---|---|---|
||||6|6|
|Trade debtors|||?4,81?|28,143|
|Prepayments|and accrued income||56,715|65,653|
|Other debtors|||3s574|1,214|
||||135,106|95,010|
|All amounts|fall due for payment|within one year.|||
##
|8||Creditors;|amounts|amounts|falling due within one year||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||E|E|
|||Banl& loan|||||50,852|23,817|
|||Trade creditors|||||69,905|59,671|
|||Taxation and|social|security|||56,458|52,271|
|||Other creditors|||||116,144|117,129|
|||Fees in advance|||||465,009|500,536|
|||Confirmation|fees||||133,827|127,577|
|||Accruals
and|deferred||income||69,075|59,892|
||||||||961,270|940,893|
||The|banl& loan is secured||by|a legal charge over the freehold|property ofthe company.|||
|9||Creditors:|amounts||falling due after more than|one year|2021|2020|
||||||||E||
|||Bani& loan|||||340,684|177,888|
||||||||Banl& loan|Banl& loan|
||||||||2021|2020|
||||||||E|f.|
|||In
I year or less, or||on|demand||50,852|23,817|
|||In more than|I year|but|less than 2years||64,673|23,981|
|||In more than|2years|but less than 5 years|||197,037|76,385|
|||In more than|5years||||78,914|77,522|
||||||||340&684|177,888|
##
|10|Financial|Instruments|||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||E|IE|
||Financial|Assets|||||||
||Financial|assets that are debt|instruments|measured|at amortised|cost|989,D35|687,351|
||Financial|Liabilities|||||||
||Financial|liabilities measured|at amortised|cost|||646,659|570,974|
##
##
##
||||||Balance at||Net movement|Net movement|Balance at|
|---|---|---|---|---|---|---|---|---|---|
||||||I August|Transfer|in Resources:||31 August|
||||||2019||incoming|Outgoing|2020|
||||||E|||||
|Old Westhillians'
Association||||Fund|7,113||526|(1,7?6)|5,863|
|Piano Fund|||||2,303||1,834|(1,122)|3,015|
|Community||Choir Fund|||||9,074|(9,074)||
|Friends|of|West Hill Pari& Fund|||9,878||2,547|(4,855}|7,570|
|Library|Fund||||1,500|||(1,500)||
|Charity|Collections||Fund||385||||385|
|Donations||Fund|||||900||900|
||||||21,179||14,881|(18,327)|17,733|
##
|Analysis of|net assets between
funds||||
|---|---|---|---|---|
|||Unrestricted|Restricted||
|||funds|funds|Total|
|||E|E||
|31 August|2021||||
|Fixed assets||I&589,232||1,589,232|
|Net current|liabilities|151,761|11,817|163,578|
|Long term liabilities||(381,364)||(381,364)|
|||1,359,629|I I&81?|1,371,446|
|31 August|2020||||
|Fixed assets||1,656,841||I&656,841|
|Net current|liabilities|(174,388)|17,733|(156,655)|
|Long term liabilities||(177,888)||(177,888)|
|||1,304,565|17,733|1,322,298|
##
##
|||||Motor vehicles
and|
|---|---|---|---|---|
||||plant and equipment||
||||31 August|31August|
||||2021|2020|
|Annual|payments|for leases which|||
|expire:-|||||
|Within|one year||13,363|15,943|
|Within|two to five years||3,540|18,212|
||||I&r903|34,155|
##
##
##
##
##
##
|19|Deferred||income||2021|2020|
|---|---|---|---|---|---|---|
||||||E|f.|
||Balance at||I August|||54,020|
||Amounts|released||to incoming resources||(54,020)|
||Amounts|deferred||in the year|6,454||
||||||6,454||