2021-08-31-accounts - Marlborough House School

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					Page
Reference and administrative		details of the Company,	its Governors	and advisers	1
Governors' report					2-9
Independent auditor's	report	on the financial statements			10-13
Statement offinancial	activities				14
Balance sheet					15-16
Statement of cash flows					17
Notes to the financial	statements				18-33

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Note	2021 f	2021 2	2021f	2020f
Income from:
Donations and legacies			66,255		66,255	103,949
Charitable activities			3,211,852		3,211,852	3,378,968
Other trading activities			5,813		5,813	12,162
Investments			642		642	1,238
Total income			3,284,562		3,284,562	3,496,317
Expenditure on:
Charitable activities		8	3,727,587		3,727,587	3,870,655
Total expenditure			3,727,587		3,727,587	3,870,655
Net movement in funds before other
recognised gains			(443,025)		(443,025)	(374,338)
Other recognised	gains:
Gains on revaluation	offixed assets		37,600		37,600	737,520
Net movement in funds			(405,425)		(405,425)	363,182
Reconciliation offunds:
Total funds brought	forward		5,669,426	2,313	5,671,739	5,308,557
Net movement in funds			(405,425)		(405,425)	363,182
Total funds carried forward			5,264,001	2,313	5,266,314	5,671,739

		STATEMENT OF CASH FLOWS	STATEMENT OF CASH FLOWS
	FOR	THE YEAR ENDED 31 AUGUST 2021
				2021	2020
				9
Cash flows from operating	activities
Net cash used in operating	activities			(240,124)	(543,160)
Cash flows from investing	activities
Dividends, interests and rents from investments				642	1,238
Purchase oftangible fixed assets				(87,685)	(239,259)
Proceeds from sale of investment properties				670,000
Interest paid				(27,746)	(24,998)
Net cash provided by/(used in) investing			activities	555,211	(263,019)
Cash flows from financing	activities
Cash inflows from new borrowing					500,000
Repayments of borrowing				(661,255)
Net cash (used in)/provided by financing			activities	(661,255)	500,000
Change in cash and cash	equivalents	in	the Year	(346,168)	(306,179)
Cash and cash equivalents	at the beginning		of the Year	1,265,601	1,571,780
Cash and cash equivalents	at the end of		the Year	919,433	1,265,801

					Unrestricted	Total
					funds	funds
					2021	2021
					2	9
Teaching	costs				2,204,441	2,204,441
Welfare	costs				407,859	407,859
Premises					528,582	528,582
Support	for schooling				558,959	558,959
Bank interest and charges					27,746	27,746
					3,727,587	3,727,587
					Unrestricted	Tctai
					funds	funds
					2020 9	2020f
Teaching	costs				2,317,243	2,317,243
Welfare	costs				411,420	411,420
Premises					520,049	520,049
Support	for schooling				596,944	596,944
Bank interest and charges					24,999	24,999
					3,670,655	3,870,655
Auditor's	remuneration
					2021f	2020 9
Fees payable to the Company's		auditor		for the audit ofthe Company's
annual accounts					12,950	12,350
Fees payable to the Company's		auditor		in respect of:
All non-audit services not included			above		2,000	2,650

2021	2020
No.	No.

In	the	band	960,001	- 670,000
In	the	band	670,001	—280,000
In	the	band	690,001	—Et00,000

	Freehold	Motor	Fixtures and	Computer
	property	vehicles	fittings	equipment	Total
	2	2	2	2	9
Cost or valuation
At 1 September 2020	6,751,667	96,358	1,009,942	663,691	8,521,658
Additions	62,592		5,901	'I9,192	87,685
At 31 August 2021	6,814,259	96,358	1,015,843	682,883	8,609,343
Depreciation
At 1 September 2020	1,757,434	93,109	777,635	634,865	3,263,043
Charge for the Year	136,349	669	35,370	28,811	201,199
At 31 August 2021	1,893,783	93,778	813,005	663,676	3,464,242
Net book value
At 31 August 2021	4,920,476	2,580	202,838	19,207	5,145,101
At 31August 2020	4,994,233	3,249	232,307	28,826	5,258,615

Analysis	of net assets between funds - current	year
		Unrestricted	Restricted	Total
		funds	funds	funds
		2021 2	2021f	2021 2
Tangible fixed assets		5,145,101		5,145,101
Investment	property	557,000		557,000
Current assets		1,001,931	2,313	1,004,244
Creditors	due within one year	(757,102)		(757,102)
Creditors	due in more than one year	(682,929)		(682,929)
Total		5,264,001	2,313	5,266,314

	Analysis		of net assets between	funds - prior y	ear
					Unrestricted	Restricted	Tctai
					funds	funds	funds
					2020	2020f	2020
	Tangible	fixed assets			5,258,615		5,258,615
	Investment		property		1,189,400		1,189,400
	Current	assets			1,328,526	2,313	1,330,839
	Creditors		due within one year		(671,264)		(671,264)
	Creditors		due in more than one year		(1,435,851)		(1,435,851)
	Total				5,669,426	2313	5,671,739
19.	Reconciliation of net movement			in funds to net cash flow from operating		activities

19.	Reconciliation of net movement in funds to	net cash fl	ow from operati	ng activities
				2021 2	2020f
	Net expenditure for the year (as per Statement	of Financial	Activities)	(443,025)	(374,338)
	Adjustments for:
	Depreciation charges			201,199	240,475
	Interest paid			27,745	24,998
	Dividends, interests and rents from investments			(642)	(1,238)
	Decrease/(increase) in debtors			(19,574)	31,761
	Decrease in creditors			(5,828)	(464,818)
	Net cash used in operating activities			(240,124)	(543,160)
20.	Analysis ofcash and cash equivalents
				2021	2020
				2
	Cash in hand			919,433	1,265,601
	Total cash and cash equivalents			919,433	1,265,601