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|---|---|---|---|
|Reference and administrative||details||
|Trustees'
report||||
|Independent
auditors'|report|||
|Statement offinancial|activities|||
|Balance sheet||||
|Statement ofcash flows|||14|
|Notes to the financial|statements||15|
##
|Trustees|||Mr D, R.Walker,|Chairman|Chairman|||
|---|---|---|---|---|---|---|---|
||||Mrs W. M. Carey|(resigned|||25 June 2020)|
||||Mrs L Alexander|||||
||||Mr D. Eaton|||||
||||Mr W. Faure-Walker|||||
||||Ms M. Gammon|(appointed|||25 June 2020)|
||||Mrs G. Harrison|||||
||||Mrs V. C. Larmour|||||
||||Mr F.McHattie (resigned|||25June 2020)||
||||Mrs E.C. Pocock|||||
||||Mrs S.Robertson|||||
||||Mr C.J.C.Swainson|||||
||||Dr 8, M. Waugh|(resigned|||28 November 2019)|
|Company|registered|||||||
|number|||00852510|||||
|Charity registered||||||||
|number|||307935|||||
|Registered||office|38 Dry Hill Park Road|||||
||||Tonbridge|||||
||||Kent TN10 3BU|||||
|Independent||auditors|Lindeyer
Francis|Ferguson|||Limited|
||||Chartered
Accountants|||||
||||Statutory
Auditors|||||
||||North
House, 198 High||Street|||
||||Tonbridge|||||
||||Kent TN9 1BE|||||
|Bankers|||National
Westminster||Bank|||
||||130High Street|||||
||||Tonbridge|||||
||||Kent TN9 1DE|||||
|Solicitors|||Warners Solicitors|||||
||||Bank House|||||
||||Bank Street|||||
||||Tonbridge|||||
||||Kent TN9 18L|||||
|Headmistress|||Mrs K.Joiner NNEB B.Ed (Hens) QTS M.Ed|||||
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||||||2020|2019|
|---|---|---|---|---|---|---|
||||||Total|Total|
||||||funds|funds|
|||||Note|||
|Income from:|||||||
|Grants and|donations||||33,302|50|
|Charitable|activities|||3|1,786,353|1,995,213|
|Bank interest|||||6,392|8,408|
|Total|||||1,826,047|2,003,671|
|Expenditure|on:||||||
|Charitable|activities|||4|1,970,451|1,943,257|
|Total|||||1,970,451|1,943,257|
|Net (expenditure)/income||and net movement|in funds||( 144,404)|60,414|
|Reconciliation
offunds:|||||||
|Total funds|brought forward||||4,188,625|4,128,211|
|Total funds|carried forward||||4,044,221|4,188,625|
##
||||Note|2020|2020f|2019|2019f|
|---|---|---|---|---|---|---|---|
|Fixed assets||||||||
|Tangible assets|||||2,651,135||2,604,866|
|Current assets||||||||
|Stocks||||2,374||206||
|Debtors|||8|418,104||475,777||
|Cash at bank and|in hand|||1,808,621||1,932,543||
|||||2,229,099||2,408,526||
|Creditors: amounts|falling due|||||||
|within one year|||9|( 759,363)||( 733,517)||
|Net current assets|||||1,469,736||1,675,009|
|Total assets less current||liabilities|||4,120,871||4,279,875|
|Creditors: amounts
falling due
after more than one year|||10||( 76,650)||( 91,250)|
|Total net assets|||||4,044,221||4,188,625|
|The funds ofthe charity:||||||||
|Unrestricted
funds|||||4,044,221||4,188,625|
||||||4,044,221||4,188,625|
##
||||||Note|2020|2019f|
|---|---|---|---|---|---|---|---|
|Cash flows from operating|activities:|||||||
|Net cash (used in) / provided
by operating|||activities||A|( 7,854)|95,128|
|Cash flows from investing|activities:|||||||
|Bank interest received||||||6,392|8,408|
|Purchase oftangible fixed assets||||||( 122,460)|( 55,115)|
|Net cash used in investing|activities|||||( 116,068)|(46,707)|
|Change
in cash and cash equivalents||in the year||||( 123,922)|48,421|
|Cash and cash equivalents|at the beginning||ofthe year|||1,932,543|1,884,122|
|Cash and cash equivalents|at the end|ofthe year||||1,808,621|1,932,543|
|Analysis ofcash and cash|equivalents:|||||||
|Cash at bank||||||1,808,621|1,933,272|
|Overdraft
facility repayable
on demand|||||||( 729)|
|||||||1,808,621|1,932,543|
|A. Reconciliation
of net (expenditure)/income||||to net cash flow from||||
|operating
activities||||||||
|Net (expenditure)/income|and net movement|||in funds for the year||( 144,404)|60,414|
|Depreciation
charges||||||76,191|71,478|
|Loss on disposal|||||||22,140|
|Bank interest||||||( 6,392)|( 8,408)|
|Increase
in stocks||||||( 2,168)|( 206)|
|Decrease/(increase)
in debtors||||||57,673|( 18,255)|
|Increase/(decrease)
in creditors||||||11,246|( 32,035)|
|Net cash (used in) / provided
by operating|||activities|||( 7,854)|95,128|
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|INCOME FROM CH|ARIT|ABLE ACTIVITIES|||
|---|---|---|---|---|
||||2020|2019|
||||Totalf|Total
f|
|School fees receivable|||1,989,461|2,053,623|
|Other school income|||12,667|11,609|
|Bursaries, scholarships||and Covid-19 fee reductions|( 215,775)|( 70,019)|
||||1,786,353|1,995,213|
|EXPENDITURE ON|CHARITABLE ACTIVITIES||||
||||2020|2019|
||||Totalf|Totalf|
|Staff costs|||1,284,600|1,177,083|
|Food and housekeeping|||117,987|144,120|
|ITexpenses|||44,158|38,207|
|Repairs and maintenance|||40,500|31,019|
|Stationery,
books|and materials||30,426|27,409|
|Utilities|||22,654|27,786|
|Other direct costs|||14,173|8,807|
|Facilities hire|||8,623|11,193|
|Minibus expenses|||8,216|9,134|
|Teacher training|||6,362|13,743|
|Bad and doubtful|debts||1,724|( 1,647)|
|Support costs allocated|||391,028|456,403|
||||1,970,451|1,943,257|
##
|4|EXPENDITURE ON CHARITABLE|EXPENDITURE ON CHARITABLE|EXPENDITURE ON CHARITABLE|EXPENDITURE ON CHARITABLE|ACTIVITIES continued|ACTIVITIES continued|ACTIVITIES continued|ACTIVITIES continued||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||2020|2019|
|||||||||||||Total|Total|
|||||||||||||E||
||Support costs comprise:|||||||||||||
||Staff costs|||||||||||182,027|180,781|
||Insurance|||||||||||20,602|17,734|
||Health
and safety|||||||||||11,820|11,205|
||Printing,
post and stationery|||||||||||9,052|8,054|
||Other staff costs|||||||||||8,751|14,002|
||Marketing|||||||||||7,106|13,848|
||Rates|||||||||||6,561|6,346|
||Subscriptions
and membership||||fees|||||||5,792|6,507|
||Telephone
and communication|||||||||||3,121|2,716|
||Bank charges|||||||||||1,326|1,490|
||Other costs|||||||||||705|733|
||Depreciation|||||||||||76,191|71,478|
||Loss on disposal offixed||assets||||||||||22,140|
||Governance
costs:|||||||||||||
||Auditors'
remuneration|||||||||||9,180|12,038|
||Auditors'
non-audit|fees||||||||||780|1,170|
||Legal and professional||fees|||||||||48,014|86,161|
|||||||||||||391,028|456,403|
|5|NET (EXPENDITURE)/INCOME|||AND NET MOVEMENT|||||IN FUNDS|||||
|||||||||||||2020|2019|
||Net (expenditure)/income||and||net|rnovernent||in funds||is stated|after|||
||charging/(crediting):|||||||||||||
||Depreciation|||||||||||76,191|71,478|
||Loss on disposal offixed||assets||||||||||22,140|
||Auditors'
remuneration||for audit services|||||||||9,180|12,038|
||Auditors'
remuneration||for non-audit||||services|||||780|1,170|
||Operating
lease rentals|||||||||||4,392|7,223|
##
##
|STAFF COS|TS|||||
|---|---|---|---|---|---|
|||||2020|2019|
|||||E|E|
|Gross salaries||||1,183,884|1,140,685|
|Employer's|pension|contributions||167,365|116,394|
|Employer's|National|Insurance|contributions|105,039|97,444|
|Supply and|freelance|||10,339|3,341|
|||||1,466,627|1,357,864|
|The average nu|mber ofemployees
on a headcount|basis was:||
|---|---|---|---|
|||2020|2019|
|Teaching staff||44|46|
|Domestic staff||3|3|
|Administrative|staff|6|7|
|||53|56|
##
##
||||Fixtures|||
|---|---|---|---|---|---|
||Freehold|Motor|and|Computer||
||property|vehicles|fittings|equipment|Total|
|||E|E|E|E|
|Cost||||||
|At 1September 2019|2,568,354|17,919|173,652|118,677|2,878,602|
|Additions|||72,548|49,912|122,460|
|At 31August 2020|2,568,354|17,919|246,200|168,589|3,001,062|
|Depreciation||||||
|At 1September 2019|136,100|17,919|70,305|49,412|273,736|
|Charged for the year|27,219||15,648|33,324|76,191|
|At 31August 2020|163,319|17,919|85,953|82,736|349,927|
|Net book value||||||
|At 31August 2020|2,405,035||160,247|85,853|2,651,135|
|At 31August 2019|2,432,254||103,347|69,265|2,604,866|
##
|DEBTORS||||
|---|---|---|---|
|||2020|2019|
|||E||
|Trade debtors||396,544|437,682|
|Prepayments|and accrued income|21,002|33,602|
|Other debtors||558|4,493|
|||418,104|475,777|
##
##
||||||2020|2019|
|---|---|---|---|---|---|---|
||||||E|E|
||Trade creditors||||82,404|21,773|
||Tax and social security||||23,236|23,859|
||Parent deposits||||9,500|9,100|
||Accruals and deferred||income||633,938|674,989|
||Other creditors||||10,285|3,796|
||||||759,363|733,517|
||The movement|on deferred school fees is as follows:|||||
||||||2020|2019|
||||||E|E|
||At 1September|2019|||555,808|567,010|
||Released to income||||( 555,808)|( 567,010)|
||Received
in the|year and||deferred|555,412|555,808|
||At 31August 2020||||555,412|555,808|
|10|CREDITORS: AMOUNTS|||FALLING DUE AFTER MORE THAN ONE YEAR|||
||||||2020f|2019|
||Parent deposits||||76,650|91,250|
||||||76,650|91,250|
##
|canc|ellable
operating
leases as follows:|||
|---|---|---|---|
|||2020|2019|
|||E|E|
|Due|within one year|4,392|4,392|
|Due|in two to five years|9,150|13,542|
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