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|||Page|
|---|---|---|
|Govemom'|report|1-22|
|Independent|auditori
report|23-25|
|Consolidated|statement offinancial activities|26|
|Consolidated|balance sheet|27|
|Company balance sheet|||
|||ze|
|Consolidated|statement ofcash flow|29|
|Notes to the|financial statements|30-48|
|Governors:|Governors:|Governors:|MrJ Bolton (1,2,3,5)|MrJ Bolton (1,2,3,5)|(Chairman)|(Chairman)|
|---|---|---|---|---|---|---|
||||Mrs G EPage (1,3,4,5)||(Vice-Chair)||
||||Mrs A G Burgess|(2)|||
||||Mr G Carter (1,4)||||
||||Mr P Carter
Mr JSLaslett (1,4)|||(Resigned 9January 2020)|
||||Mr N G Marchant||||
||||(1,5)||||
||||Mrs M Millin (1)
DrJ Neden (2)
Rev SRae (2)
MrJ H Tapp (1,4)||||
||||Mr T LTownsend||||
||||Rev G LWarren (1)|||(Deceased 16July 2020)|
|Governor||Sub-committee|Membership
Key:||||
|1|Member ofthe Finance||Committee||||
|2|Member ofthe Education
and Welfare Committee||||||
|3|Member ofthe Governance,
Development|||&Remuneration||Committee|
|4|Member ofthe Estates||Committee||||
|5|Member ofthe Marketing
and Admissions|||Committee|||
|EXECUTIVE|||Head ofCollege:|||Head ofJunior School:|
||||Mr BG Durrant|||Mrs E Rowe|
||||Bursar 8Clerk to|the|||
||||Governors:
corn||||
||||Mr JA Connelly||||
|ADDRESSES|||Senior School:|||Junior School:|
||||St Lawrence College|||StLawrence College Junior School|
||||College Road|||College Road|
||||RAMSGATE|||RAMSGATE|
||||Kent
CT11 7AE|||Kent
CT11 7AF|
|Website:|||www. slcuk.||||
|Company||Registration||||Charity Number:|
|Number:|||00037822|||307921|
|ADVISORS:|||UHY Kent LLP||||
|Auditors:|||t/a UHY Hacker Young||||
||||Chartered
Accountants||||
||||Statutory Auditors||||
||||Thames House||||
||||Roman Square||||
||||Sitting
bourne
Kent ME104BJ||||
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|FORTHE YEAR EN|DED 3|1AUGUST 2020||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
|||||2020|2020|2020|2019|
||||Note|6|8|8|E|
|Income:||||||||
|Donations
and gifts||||12,386|1,097,360|1,109,746|190,342|
|Charitable
activities||||8,675,131||8,675,131|10,894,260|
|Commercial
trading|operations|||123,472||123,472|177,600|
|Investment
income||||18,856||18,856|26,276|
|Total income||||8,829,845|1,097,360|9,927,205|11,288,498|
|Expenditure:||||||||
|Commercial
trading|operations|||66,710||66,710|102,457|
|Charitable
activities||||10,716,318||10,716,318|11.458,006|
|Total expenditure|||11|10,783,028||10,783,028|11.560,465|
|Net (expenditure)/income||before transfers||(1,953,183)|1,097,360|(855,823)|(271,967)|
|Net gain/(loss)
on investments|||15,16|23,075||23,075|(17,250)|
|Net (expenditure)/income||before other||||||
|gains and losses||||(1930 108)|1,097,360|(832,748)|(289,217)|
|Transfers
between funds||||1,005,691|(1,005,891)|||
|Net movement
in funds for the year||||(924,417)|91,669|(832,748)|(289.217)|
|Reconciliation
offunds:||||||||
|Total funds brought|forward|||12,447,967|177,294|12,625,261|12,914,478|
|Total funds carried|forward|||||||
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|CONSOLIDATED STATEMENT OF CASHFLOWS|CONSOLIDATED STATEMENT OF CASHFLOWS|CONSOLIDATED STATEMENT OF CASHFLOWS|CONSOLIDATED STATEMENT OF CASHFLOWS|CONSOLIDATED STATEMENT OF CASHFLOWS|CONSOLIDATED STATEMENT OF CASHFLOWS|CONSOLIDATED STATEMENT OF CASHFLOWS|||||
|---|---|---|---|---|---|---|---|---|---|---|
|FOR 7HE YEAR ENDED 31||AUGUST|2020|||||||Group|
||||||||||Group|(Restated)|
||||||||||2020|2019|
|||||||||Note|2||
|Nat cash (used in) provided||by operating|||activities|||31|(1,388,940)|855,420|
|Cash flows from investing||activities|||||||||
|Dividends,
interest and rents||from investments|||||||18,856|20,762|
|Purchase of tangible
fixed assets|||||||||(117,344)|(831,529)|
|Cash used in investment|activities||||||||||
|Cash flows from financing||activities|||||||||
|Cash inflows from new borrowing|||||||||1,065,000|303,699|
|Repayments
of borrowing|||||||||(30,123)|(63,504)|
|Cash provided
by financing||activities|||||||rrr|240,195|
|Change
in cash and cash equivalents|||in|the|year||||(452,551)|284,848|
|Cash and cash equivalents|at Ihe beginning||||ofthe year||||778,248|493,400|
|Cash and cash equivalents||at the end of|||the year|||||778.248|
|(s) Analysis ofcash and cash equivalents|||||||||||
|Cash in hand|||||||||325,697|778.248|
|Total cash and cash equivalents|||||||||325,897|778,248|
|Analysis ofchanges
in net||debt|||||||||
|At|1|Sep 2019||Cash||flows|New finance|Fair value|Other noncash|At 31Aug 2020|
||||||||leases|movements|changes||
|Cash at bank and|||||||||||
|in hand||778,248|||452,551|||||325,697|
|Debt:|||||||||||
|Loans falling dus|||||||||||
|within one year|||||||||||
|Loans falling due|||||||||||
|after more than one|||||||||||
|year|(5,950,000)|||(1,065,000)||||||(7,015,000)|
|Finance
lease|||||||||||
|obligation||(87,890)||||30,123||||(57,767)|
|Net debt|6,037,890|||1|034,877|||||(7,072,767|
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|Buigdings||- 50years|
|---|---|---|
|Groundworksl
improvements|to|— 25years|
|property|||
|Water based Astro||15years|
|Roads and sports surfaces||10years|
|Computer
equipment||4years|
|Other equipment||7years|
##
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|FEES(continued)||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Fees receivable
anslysed||||by geographical|location:|||||
|||||||||2020f|2019|
|United
Kingdom and|Europe||||||6,399,960||7,672,544|
|Rest ofthe World|||||||2,052,890||2,461,092|
|Total||||||||||
|(b)
Grants, awards|and Prizes paid for by||||unrestricted|funds numbered:||||
|Scholarships||||||||252|262|
|Bursaries||||||||365|364|
|Total||||||||617|626|
|The above educational||awards were made to|||460 Individuals(2019: 473).|||||
|CHARITABLE INCONIE||||||||||
|||||||||2020f|2019
f|
|Income from school|fees||(note 5)||||8,452,850||10,133,636|
|Income from lets connected||||to education||||44,509|589,249|
|Other charitable
services|||||||1,164,049||171,395|
||||||||||eee, ee|
|The Charitable
Income shown above for 2020|||||is unrestricted|(2019:unrestricted).||||
|TRADING INCOME||||||||||
|||||||||2020f|2019
f|
|Income from trading|subsidiary|||||||123,472|177,600|
|||||||||123 72|177,600|
|The income from trading|||subsidiary
shown above for 2019is unrestricted||||(2018:unrestricted).|||
|INVESTMENT INCOME||||||||||
|||||||||2020f|2019|
|Rent receivable||||||||14,864|20,760|
|Interest receivable||||||||3,992|5,516|
|||||||||18856|26.276|
|The investment
inmme||shown above for 2020|||is unrestricted|(2019:unrestricted)||||
|STAFF COSTS||||||||||
|Slaif costs were as follows:||||||||||
|||||||||2020f|2019
f|
|Wages and salaries|||||||6,016,413||6,193,430|
|Sodal security costs||||||||528,804|535,933|
|Other pension mats|||||||902,453||676,719|
##
##
|The average
monthly
number of|employees|employees|during ihe year was as|follows:|follows:||||
|---|---|---|---|---|---|---|---|---|
|||||||Head count|Head count||
|||||||2020||2019|
|||||||No.||No.|
|Teaching and support
Full time||||||78||81|
|Teaching
and support Part time||||||69||62|
|Non-teaching
Full time||||||56||59|
|Non-teaching
Part time||||||85||93|
|||||||288||295|
|The number ofhigher paid employees||was:|||||||
|||||||2020||2019|
|||||||No.||No.|
|In the band E60,001 - f70,000||||||||1|
|Inthe band f70,001 -EBD,DDD
In the bank fBD,001 - E90,000||||||2
1||2|
|In the band F110,M1 - f120,000||||||1|||
|In the band f120,001 -f130,000|||||||||
|||||||2020||2019|
|||||||No.||No.|
|The number ofretirement
benefits aocruing|||in:||||||
|- Final salary schemes was||||||3||5|
|for which the contributions
amounted||to||||851+31||E61,567|
|-Personal
pension schemes was||||||1||1|
|for which the contributions
amounted||to||||616,035||E14,931|
|The key management
personnel|ofthe|Charky comprise lhe Governors|||and the members|ofthe Senior Management||Team.|
|The total employee
beneBts, induding
social security and employer
ofihe Charity weref528 734(2019:f579907).||||pension contributions,||ofthe key management|personnel||
##
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##
||||Staf costs|Staf costs|Depreciation|Depreciation|Other|costs|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|
|||||2020||2020||2020|2020|2019|
||||||||||8||
|Charitable
activities|||||||||||
|Teaching costs||||4,851,872|||553,276||S,405,148|5,370,671|
|Welfare costs||||1,038,719|||323,292||1,362,011|1,576,672|
|Premises||||719,262||890,025|861,115||2,470,402|2,814,131|
|Supporl casts||||779,872|||659,310||1,439,182|1,567,993|
|Educational
lets||||34,999||||4,576|39,575|126,541|
|||||7,424,724||||||11458 008|
|Trading activities|||||||||||
|Trading subsidiary|||||||||||
|expenses||||22,942|||43,768||66,710|102,457|
|||||||||6|66,710|102.457|
|Total expenditure||||7,447,066||890,025|2,445,337||10,783,028|11.560,465|
|Ofthe expenditure|shown||above|for 2020, Enil was|from restricted||funds (2019:Enil was from restricted funds).|||The balance|
|was paid from unrestricted|||funds|for both years.|||||||
|NET EXPENDITURE I(INCOME) FOR THE YEAR|||||||||||
|This is stated alter|charging:||||||||||
||||||||||2020f|2019t|
|Depreciation
oftangible||fixed assets: awned assets|||||||862,638|808,082|
|Depreciation
oftangible||fixed assets: assets acquired||||under Hire|Purchase||27,387|11,462|
|Auditor's
remuneration:||auditors||services|||||10,146|11,178|
|Auditor's
remuneration:||non-sudit||services|||||1,014|3,536|
|Operating
lease rentals:|||Equipment||||||82,736|71,357|
|BANK INTEREST|||||||||||
||||||||||2020|2019|
||||||||||8|6|
|Loan interest|||||||||108,900|119,141|
|Hire purchase
interest|||||||||4,078|2,224|
||||||||||112878|121,365|
##
|Group||Freehold land,
bugdlngs,
epona
surfaces &roadsf|Freehold land,
bugdlngs,
epona
surfaces &roadsf|Assets under
constmctloe|Equipmentf|Total
E|
|---|---|---|---|---|---|---|
|Cost|||||||
|At 1 September 2019||26,615,946||133,993|4,222,625|30,972,564|
|Additions|||54,240|2,000|61.104|117,344|
|Disposals|||||(7,519)|(7,519)|
|Assets completed|||||||
|Al 31August 2020||26.670,186||135,993|4,276,210|31,082,389|
|Depreciation|||||||
|At 1 September 2019||7,058,516|||3,669,953|10,728,469|
|Charge for the year:|||||||
|owned assets||722,395|||140,243|862,638|
|acquired|by hire purchase||||2?,387|27,387|
|Disposals|||||(7,519)|(7,519)|
|At31August 2020||7780911|||3830064|11610975|
|Net BookValue|||||||
|At 31August 2020|||||||
|A131August2019||||3.993|552 672|20.244,095|
|Indudedin
assets underconstruction|Indudedin
assets underconstruction|are costs|off135,993(2019-f133,993) relagng|off135,993(2019-f133,993) relagng|to a pavilion.|No depreciation
has|No depreciation
has|
|---|---|---|---|---|---|---|---|
|been charged.||||||||
|Induded
in equipment|are items|with a net book|value E80,935(2019:f108,322) which||was acquired|under|hire purchase|
|agreements.||||||||
||||Freehold land,|Assets under||||
|||buildings, sports||constmctlon|Equipment||Total|
|Charity||surfaces &roads
f||||||
|Cost||||||||
|At1 September 2019|||26,615,946|133,993|4.163,078||30,913,017|
|Additions|||54.240|2,000|61,104||117,344|
|Disposals|||||(7,519)||(7,519)|
|Assets completed||||||||
|At 31August 2020|||26,6?0,186|135,993|4,216,663||31,022,842|
|Depreciation||||||||
|At 1 September 2019|||7,058,516||3,610,406||10,668,922|
|Charge for the year||||||||
|owned assets|||722,395||140,243||862,638|
|acquired|by hire purchase||||27,387||27,387|
|Disposals|||||(7,519)||(7,519)|
|At31August 2020|||7,7S0,911||3,770,517||11551428|
|Net BookValue
At 31August 2020|||3|3.99|446,146||19,471814|
|At 31August 2019||||3»|.3||20,244,095|
##
##
##
|||||Group 8 Charity|
|---|---|---|---|---|
|||||Total|
|Group|and Charity|||E|
|Cost||||524,000|
|Annual|revaluation|surplus/(deficit)|||
||||2015|(30,000)|
||||2016|3,000|
||||2019|(19,50D)|
|Value|as at 1 September 2019|||477,500|
|Revaluation||||50,000|
|Value|as at 31August 2020|||527,50D|
|FIXEDASSETINVESTMENTS|||Listed|
|---|---|---|---|
||||Investments|
||||E|
|Group||||
|Market value||||
|At 1 September 2019|||59,750|
|Additions||||
|Gain/(loss)
on revaluation|||(26,925)|
|At31August 2020|||32,825|
||Listed|Unlisted||
||Investments|Investments|Total|
||E|E|E|
|Charity||||
|Market value||||
|At 1 September 2019|59,750|100|59.850|
|Additions||||
|Gain/(lass)
an revaluation|(26,925)||(26,925)|
|At31August 2020||||
##
##
|17|ASSETHELD|FOR RESALE|FOR RESALE|Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|
|||||2020f|2019f|2020|2019
f.|
||Land held for|resale||207,212||207,212||
|18|STOCKS|||Group|Group|Chadty|Charity|
|||||2020f|2019
f|2020
f|2019
f.|
||School shop and catering supplies|||148.740|||178,938|
|19|DEBTORS|||Group|Group|Charity|Charity|
|||||2020|2019
f|2020f|2019
f|
||Trade debtors|||202,441|481,387|183,346|448,562|
||Amounts
owed by||group undertakings|||90,366|132,395|
||Other debtors|||4,811|5,008|||
||Prepayments|and|accrued Income|403,221|418,464|403,221|418,464|
|||||0 0
3||||
|20|CREDITORS|||||||
||AMOUNTS
FALLING DUE WITHIN ONE YEAR|||||||
|||||Group|Group|Charity|Charity|
|||||2020f|2019|2020f|2019f|
||Hire purchase|||19,658|31,008|19,658|31,008|
||Trade creditors|||161,690|268,091|161,690|268,091|
||Other taxation|and social security costs||137.983|151,181|137,983|151.181|
||Other creditors|||82,5D7|131,618|82,507|131,618|
||Accruals
Pupil deposits|||28,431
75,000
0
230|73,734
184,500
27,471
75,000
72,774
184,500
040,32»9»3|||
||The hire purchase||balances are secured on the fixed assets they||relate to.|||
|21|CREDITORS:|||||||
||AMOUNTS
FALLING DUE AFTER MORE THAN ONE YEAR|||||||
|||||Group|Group|Charity|Chafily|
|||||2020f|2019
f|2020f|2019
f|
||Bankloans|||7,015.000|5,950,000|7,D15,000|5,950,000|
||Pupildeposits|||'727.600|1,012,735|727,600|1,012,735|
||Hire purchase|||38,109|56,802|38,109|56,882|
||||||0|||
||The hire purchase||balances are secured on the fixed assets they||relate to.|||
||Included
within the above are amounts|||(ailing due as fogows:||||
|||||Group|Group|Charity|Charily|
|||||2020f|2019
f|2020f|2019
f|
||Between one|and two years||||||
||Other loan||||0.950,000||S,DSO,OOO|
||Between two|and five years||||||
||Bankloan|||7,015,000||7,015,0DD||
##
##
|||||Group|Group|Group|||Group|Group|Charity|||Charity|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||2020f||||2019
2||2020
2|||2019|
|Repayable
by instalmsnts|||||||||||||||
|Not repayable
by instalments||||7,015,000||||5,950,000|||7,015,000|||5,950,000|
|The bank loan is secured|by way ofa legal charge|||over land||and buildings|||comprising||StLawrence College, College Road,||||
|Ramsgate.
On 21 September 2017the maximum||||facility|available||lo|draw down under|||our RCF arrangement||was extended||
|to26,750,000repayable
by 21 September||2020. Interest|||is charged|||ata rate||of1.3%above base rate.||On 1 October 2020|||
|the facility was extended
until 31 Deoember
rale of1.75%pa.|||2021 and increased to||||a|maximum||facility|ofK9,000,000, Interest||is payable at a||
|FINANCIAL INSTRUMENTS|||||||||||||||
||||||Group||||Group||Charity|||Charity|
||||||2020||||2019||2020|||2019|
|||||||E||||5|5|||5|
|Financial assets ai fair value through|||||||||||||||
|profit or loss|||||0.3||||||560,325|||537,250|
|Financial assets measured|at fair value comprise oflisted||||investments|||and investment|||property.||||
|DEFERRED INCOME|||||||||||||||
||||||||||||Group and Charity||||
||||||||||||2020|||2019|
||||||||||||f|||5|
|Fees in advance|||||||||||1,233,107|||2,131,510|
|Trip income received
in advance|||||||||||12,263|||27,952|
||||||||||||1,245,370|||2,159,462|
|Group and Charity|||||||||||||||
|Deferred income at 1 September 2019|||||||||||2,159862|||1,931,449|
|Resources deferred
during|the year||||||||||1,245.370|||2,159,462|
|Amounts
released from previous years|||||||||||(2,159,462)|||(1,931,449)|
|Deferred income al 31August 2020|||||||||||||||
|Fees in advance relates to|cash received|in|respect ofschool|||fees where the school term to which they||||||relate|falls|after Ihe|
|balance
sheet date as well|as funds received||In advance||for school||trips.||||||||
|SHARE CAPITAL|||||||||||2020|||2019|
||||||||||||5|||2|
|Allousd,
called up and fully|paid||||||||||||||
|17 Ordinary
shares off10|each||||||||||170|||170|
##
##
||Al||||Transfers|Gains/|At|
|---|---|---|---|---|---|---|---|
||1Sep 19
6||Income
6|Expenditure
6|in/(out)|(Losses)
6|31Aug 20
6|
|Designated
Funds||||||||
|Revaluation
reserve|2,250||||(2,250)|||
|Investment
Property|477,500|||||50,000|527,5DD|
|The Sir Kirby Lsing||||||||
|Sporls Hall Fund|129,000||||(3,0DD)||126.000|
|The Sir Klrby Laing||||||||
|Kirby House Fund|739,312||||(20,086)||719,226|
|Prizes Fund|11,403||||||11,403|
|Buildings snd||||||||
|equipment
fund|145,000||||||145,0DD|
|Development
fund|72,452||10,824||||83,276|
|Scholarahlp
funds|2,520||||||2,520|
|Bursary funds|2,920||||||2,920|
|CCF fund|5,372||||4,587||9,959|
|DofE fund|6,032||||(2,885)||3,147|
||1 593761||10824|~244|||ar|
|General Funds||||||||
|Unrestricted||||||||
|general reserve
Share capital|10,854,036
170
0 04.|8,819,021
(10,783,025)
.
.02~|||1,0292)25
(26,925)
0»~||92I92,432
170
2.|
|Total Unrestricted||||||||
|Funds|12,447,967|8,829,845||(10,783,025)|1,005,691|23,075|11,523,553|
|Restricted
Funds||||||||
|Burssrles and||||||||
|Scholarship
Funds|161,574||66,269||(50)||227,7g3|
|Inspiring
Teaching||||||||
|and Learning
Fund|500||1,921||(1,864)||557|
|Building and||||||||
|Equipment
Fund|2,233||42,894||(14,565)||30,562|
|Development
Fund|12,987||||(2,935)||10,052|
|Coronavirus
Job||||||||
|Retention Scheme||986,277|||(986,277)|||
||177,294|1|097361||||268,964|
|TotalFunds||0.0».200||||23,075|11,792,517|
##
##
##
|||At|||Transfers|Gains/|At|
|---|---|---|---|---|---|---|---|
||1|Sep 18|Income|Expenditure|ini(out)|(Losses)|31Aug 19|
|||6|8||8|6|8|
|Designated
Funds||||||||
|Revaluation
reserve||||||2,250|2,250|
|Investment
Property|497,000|||||(19,500)|477,500|
|The Sir Kirby Lsing||||||||
|Sports Hall Fund|132,000||||(3,000)||129,000|
|The Sir Kirby Laing||||||||
|Kirby House Fund|759,398||||(20,086)||739,312|
|Prizes Fund||11,403|||||11,403|
|Buildings and||||||||
|equipment
fund|145,000||110,233|(110,233)|||145,000|
|Development
fund||58,745|13,707||||72,452|
|Scholarship
funds||2.520|||||2,520|
|Bursary funds||2,920|||||2,920|
|CCFfund||6,872|||(1,500)||5,372|
|D ofEfund||511|||5,521||6,032|
||.6|36||||0||
|General Funds||||||||
|Unrestricted||||||||
|general reserve
Share capital
Total Unrestricted
Funds|11,109,757
11,096,480
170
.9,09 .
6. 9|||(11,450,232)|98,031
98,031|~50)|10,854,036
170|
|Restricted Funds||||||||
|Bursarles and||||||||
|Scholarship
Funds|148.474||'13,250||(150)||161,574|
|Inspiring
Teaching||||||||
|and Learning
Fund|||500||0.00||500|
|Building and||||||||
|Equipment
Fund||1,833|2,936||(2,536)||2233|
|Development
Fund||37,875|51,392||(76,280)||12,987|
||188182||68.078||||177 94|
|TotalFunds|||||||12,625,261|
##
##
##
##
##
##
##
##
|Analysis|ofnet assets between funds - current year||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|Group||funds|funds|funds|
|||2020|2020|2020|
|||E|E|E|
|Tangible fixed assets||19,471,414||19,471,414|
|Investments||32,825||32,825|
|Investment|Properties|527,500||527,500|
|Assets for resale||207,212||207,212|
|Current assets||815,947|268,963|1,084,910|
|Creditors|falling due within one year|(505,269)||(505,269)|
|Creditors|falling due in more than 1 year|(7,780,709)||(7,780,709)|
|Deferred income||(1,245,370)||(1,245,370)|
|||3|||
|Analysis|of net assets between funds - prior year||||
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2019|2019|2019|
|||E|E|E|
|Tangible fixed assets||20,244,095||20,244,095|
|Investments||59,750||59,750|
|Investment
Properges||477,500||477,500|
|Current assets||1,685,833|177,294|E1,863,127|
|Creditors|falling due within one year|(840,132)||(840,132)|
|Creditors|falling due in more than 1 year|(7,019,617)||(7,019,617)|
|Dsfened|income|(2,159,462)||(2,159,462)|
|||||12,625 61|
|Charity||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2020|2020|2020|
|||E|E||
|Tangible fixed assets||19,471,414||19,471A14|
|Investments||527,500||527,500|
|Investment
Properties||32,925||32,925|
|Assets for resale||207,212||207,212|
|Current assets||S00,264|268,963|1,069,227|
|Creditors|falling due within one year|(504,300)||(504,309)|
|Creditors
Deferred|feting due in more than I year
income|(7,780,709)
(1,245.370)||(7,780,709)
(1,245,370)|
|Analysis|of net assets between funds - prior year||||
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2019|2019|2019|
|||E|E|E|
|Tangible|fixed assets|20,244,095||20,244,095|
|Investments||477,500||477,500|
|Investment
Properties||59,850||59,850|
|Current assets||1,669,932|177,294|E1,847,226|
|Creditors|falling due within one year|(839,172)||(839,172)|
|Creditors|felling due in more than 1 year|(7,019,617)||(7,019,617)|
|Dsfened|income|(2,159,462)||(2,159,462)|
|||12,433,126|177,204|12,610,429|
##
##
##
##
##
##
##
##
|32|PRINCIPAL SUBSIDIARY|PRINCIPAL SUBSIDIARY|PRINCIPAL SUBSIDIARY||||||
|---|---|---|---|---|---|---|---|---|
|||||||Percentage|||
||Company
name||||Country|shareholding|Description||
||StLawrence College Enterprises|||Ltd|England|100%|The operation ofsports facilities made||
||Company
Registration
03100304||number||||available to local schools and sports
clubs, the provision ofa coffee shop and
the provision of hire for events||
||Results for the year ended 31 August 2020||||||||
||||||||2020|2019|
||Total assets||||||106,049|146,296|
||Total liabilities||||||(91,326)|(133,355)|
||Total equity||||||14,723|14,941|
||Turnover||||||182,013|256,527|
||Expenditure||||||(155,626)|(230,212)|
||Result for the year||||||26,387|17,315|
|33|RESULTS OF THE CHARITY||||||||
||||||||2020|2019|
|||||||||E|
||Total Income||||||9,944,869|11,241,606|
||Total Expendiyure||||||(10,800,471)
(11,493,930)||
||||||||(855,602)|(252,322)|
||Net Income before|Gains|on Investments||||||
||Net gains/(losses)|on Investments|||||23,075|(17,250)|
||Net movement
in funds||||||~832.2||