2021-08-31-accounts

		PAGE
Charitable company	information
Report ofthe Council		2-13
Independent auditor's	report	14 —18
Statement offinancial	activities	19-20
Balance sheet		21
Notes to the financial	statements	22-32

Company		registered	registered	number	00866338
Charity registered			number		307531
Registered		office:			78 Kimbolton Road
					BEDFORD
					Bedfords hire
					MK40 2PA
Directors		(Council):			Mr G M Bates OBE, Chairman
					Mr SJ Williamson
					Mrs M J Burt (resigned		on 31stAugust 2021)
					Mr I R Flack (resigned		on 30th April 2021)
					Mr M J Grafton (resigned			25	November 2020)
					Mr C Simmonds
					Mr D Eyton-Williams	(resigned on 30th April 2021)
					Mr J J Leydon (resigned			on 30th April 2021)
					Mrs D P Lennie
					Mr B H Thompson	(resigned			on 20 August 2021)
					Mr A T Knight
					Mrs E P Coley (appointed			10	September 2020)
Principal	Officers:				Mr I Daniel —Principal Mrs S Diffey —Business			Manager & Company		Secretary
Bankers:					Barclays Bank pic
					111High Street
					Bedford
					Bedfords hire
					MK40 1NJ
Auditors:					Grant Thornton UK	LLP
					Statutory Auditor
					Chartered Accountants
					Victoria House
					199Avebury Boulevard
					Milton Keynes
					MK9 1AU

				Note	Total funds	Total funds
					2021	2020
					E	f.
Incoming from:
Charitable activities
Fees receivable					1,378,443	1,859,064
Meal income					39,236	36,837
CJRS income (restricted	income)				25,317	171,250
Donations and legacies Investments					8,691 116	15,555 1,217
Other income
Other income					7,417	4,088
Total income					1,459,220	2,088,0'I 1
Expenditure on:
Charitable activities
Education				3	1,262,959	2,074,604
Donation made to Greenacre		Trust Limited		3/18	516,725
Donation made to Bedford Greenacre			Independent
School Limited				3/18	619,791
Total expenditure					2,399,475	2,074,604
Net income
Net income from educational		activities			(940,255)	13,407
Total net income					(940,255)	13,407
Reconciliation offunds
Total funds brought forward		at 1 September 2020			940,255	926,848
Total funds carried forward		at 31 August 2021		13		940,255

				Note	2021		2020
					F
Current assets
Tangible assets Debtors						563,723 111,717
Cash at bank						428,850
						1,104,290
Creditors: amounts		falling	due
within one year						(164,035)
Net current	assets						940,255
Total assets	less current		liabilities				940,255
Funds
Unrestricted	funds
General fund							940,255
							940,255

a) Total expenditure		Staff	Depreciation	Support
		costs		costs	Total	Total
		(Note 4) f.	(note 5) F	f	2021 f	2020 f.
Charitable expenditure Teaching Welfare Premises		836,020 46,958 69,322	3,815	30,368 1,298 181,800	866,388 48,256 254,937	1,365,282 67,504 321,536
School administration
and governance		35,391	1,793	56,194	93,378	320,282
Total charitable expenditure		987,691	5,608	269,660	1,262,959	2,074,604
Other expenditure Donations made (note 17)				1,136,516	1,136,516
Total other expenditure				1,136,516	1,136,516
Total Expended		987,691	5,608	1,406,176	2,399,475	2,074,604
b) Governance included	in support costs				2021	2020
						F
Remuneration paid to auditor for audit services Other non-audit services					12,000 2,250	10,025 1,075
					14,250	11,100

financial ye	ar	amounted to:
			2021	2020
			No	No
Administrative			2	6
Teaching Domestic			12 3	17 5
Maintenance			4	6
Classroom	assistants		23	35
			44	69
The aggregate		payroll costs ofthe above were:
			2021	2020
Wages and salaries Social security costs Pension costs			850,486 54,241 82,964	1,362,452 87,282 143,291
Redundancy	payments			20,794
			987,691	1.609,820

Tangible fixed assets
		Furniture
	Freehold	fixtures and	Motor	Computer
	property f	fittings	vehicles f	equipment F	Total E
Cost
At 1 September 2019 Additions	1,137,710	157,813 15,041	27,840	87,510	1,410,873 15,041
Transfer via donation	(1,137,710)	(172,854)	(27,840)	(87,510)	(1,425,914)
At 31 August 2020
Depreciation At 1 September 2019 Provided in the year Eliminated on transfer	620,985 (620,985)	130,146 3,815 (133,961)	27,840 (27,840)	68,179 1,793 (69,972)	847,150 5,608 (852,758)
At 31 August 2020
Net book value at
31 August 2020
Net book value at
31 August 2019	516,725	27,667		19,330	563,723

Debtors
	2021	2020
	F
Fees receivable		70,974
Prepayments Amounts due from parent company		30,460 10,283
		111,717

			2021	2020
			F
Social security Fees received	and other taxes in advance			35,028 42,778
Other creditors				74,705
Accruals and deferred		income		11,524
				164,035

			General	2021	2020
			fund	Total	Total
Balance brought	forward		940,255	940,255	926,848
Net (outgoing)/incoming		resources	(940,255)	(940,255)	13,407
Balance carried	forward				940,255

		Unrestricted	Total funds	Unrestricted	Total funds
		funds	2021	funds	2020
		E	E
Tangible	fixed assets			563,723	563,723
Current	assets			540,566	540,566
Current	liabilities			(164,035)	(164,035)
N	t			940,255	940„255

leases	a	s set out below:
				2021		2020
				Leasehold		Leasehold
				and		and
			Other	buildings	Other	buildings
			F		E	E
Operating Within 1 Between		leases which expire: year 2 and 5years			10,292	67,600 270,400

, been recognised as a donation within expenditure.	These comprised the following assets and
	2021
Tangible fixed assets Debtors	56,431 609,337
Bank and cash Creditors	372,204 ~418,181
	619,791