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|`GeneralInformation`||
|---|---|
|`ReportoftheTrustee`||
|`ReportoftheIndependentAuditors`|`11`|
|`StatementofFinancialActivities`|`14`|
|`BalanceSheet`|`15`|
|`CashFlowStatement`|`16`|
|`NotestotheFinancialStatements`|`17`|





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|||`Unrestricted`|`Restricted`|`Total`|`Total`|
|---|---|---|---|---|---|
|||`funds`|`funds`|`2021`|`2020`|
||`Notes`|`£`|`£`|`£`|`£`|
|`INCOMEANDENDOWMENTSFROM:`||||||
|`Charitableactivities`<br>`Feesreceivable`<br>`Sundryandotherincome`|`2`<br>`3`|`8,629,498`<br>`626,089`|`-`<br>`-`|`8,629,498`<br>`626,089`|`8,877,884`<br>`668,432`|
|`Donationsandlegacies`||`-`|`17,553`|`17,553`|`8,953`|
|`Investments`<br>`Investmentincome`<br>`Bankandotherinterest`||<br>`8,022`<br>`-`|<br>`101`<br>`-`|<br>`8,123`<br>`-`|<br>`8,457`<br>`-`|
|`TotalIncome`||<br>`9,263,609`|<br>`17,654`|<br>`9,281,263`|<br>`9,563,726`|
|`EXPENDITUREON:`||||||
|`Charitableactivities`<br>`Schooloperatingcosts`|`6`|`9,794,029`|`8,864`|`9,802,893`|`9,449,430`|
|`Other`<br>`Financeandothercosts`|`6`|<br>`44,107`|<br>`-`|<br>`44,107`|<br>`182,060`|
|`Totalexpenditure`|`6`|<br> <br>`9,838,136`|<br> <br>`8,864`|<br> <br>`9,847,000`|<br> <br>`9,631,490`|
|`NETINCOME/(EXPENDITURE)`||||||
|`BEFOREGAINSANDLOSSESON`||||||
|`INVESTMENTSANDTRANSFERS`||`(574,527)`|`8,790`|`(565,737)`|`(67,764)`|
|`Gainsoninvestments`|`8`|`112,698`|`68,789`|`181,487`|`13,528`|
|`Transfersbetweenfunds`|`13`|<br>`5,973`|<br>`(5,973)`|<br>`-`|<br>`-`|
|`NETMOVEMENTSINFUNDS`||<br>`(455,856)`|<br>`71,606`|<br>`(384,250)`|<br>`(54,236)`|
|`Fundbalancesbroughtforward`<br>`at1 September2020`||<br>`4,874,776`|<br>`382,561`|<br>`8,257,337`|<br>`§,311,573`|
|`FUNDBALANCESCARRIED`<br>`FORWARDAT31AUGUST2021`||`4,418,920`<br>|`454,167`<br>|`4,873,087`<br>|`5,257,337`<br>|





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|||||`2021`|`2020`|
|---|---|---|---|---|---|
|||`Notes`||`£`||
|`FIXEDASSETS:`||||||
|`Tangibleassets`||`7`|`:`|`7,639,535`|`7,784,726`|
|`Investments`||`8`||`891,126`|`701,711`|
|||||`8,530,661`|`8,486,437`|
|`CURRENTASSETS:`||||||
|`Debtors`||`9`||`314,938`|`276,441`|
|`Cashatbankandinhand`||||`309,348`|`22,237`|
|||||`624,286`|`298,678`|
|`CREDITORS:`|`Amountsfalling`|||||
|`duewithinone`|`year`|`10`||`(2,977,322)`|`(2,658,510)`|
|`NETCURRENT`|`LIABILITIES:`|||`(2,353,036)`|`(2,359,832)`|
|`TOTALASSETS`|`LESSCURRENT`|||||
|`LIABILITIES:`||||`6,177,625`|`6,126,605`|
|`CREDITORS:`|`Amountsfallingdue`|||||
|`aftermorethan`|`oneyear`|`10`||`(1,304,538)`|`(869,268)`|
|||||`4,873,087`|`9,257,337`|
|`FUNDS:`||||||
|`Restrictedfunds`||`13`||`454,167`|`382,561`|
|`Unrestrictedfunds`||||`4,418,920`|`4,874,776`|
|||||`4,873,087`|`5,257,337`|





## 

|||`2021`|`2020`|
|---|---|---|---|
||`Notes`|||
|`CASHFLOWSFROMOPERATINGACTIVITIES:`||||
|`Netcashprovidedbyoperatingactivities`|`15`|`92,925`|`(239,423)`|
|`Cashflowsfrominvestingactivities:`||||
|`Dividends,interestandrentsfrominvestments`||`8,123`|`8,457`|
|`Purchaseoftangiblefixedassets`||`(264,836)`|`(140,442)`|
|`Saleoftangiblefixedassets`||||
|`Proceedsfromsaleofinvestments`<br>`Purchaseofinvestments`||`113,926`<br>`(121,857)`|`69,479`<br>`_(63,431)`|
|`Netcashusedininvestingactivities`||`(264,644)`|`(125,937)`|
|`Cashflowsfromfinancingactivities:`<br>`Repaymentsofborrowings`<br>`Cashinflowsfromnewborrowings`||`(194,490)`<br>`700,000`|`(186,246)`|
|`Netcashprovidedby/(usedin)financingactivities`||`505,510`|`(186,246)`|
|`Changeincashandcashequivalentsinthereportingperiod`||`333,791`|`(551,606)`|
|`Cashandcashequivalentsat1 September2020`||`(24,443)`|`527,163`|
|`Cashandcashequivalentsat31August2021`|`16`|`309,348`|`(24,443)`|





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||`2`|`FEESRECEIVABLE`|||
|---|---|---|---|---|
||||`2021`|`2020`|
|||`Feesreceivableconsistof:`|`£`|`£`|
|||`Grossfees`|`10,723,010`|`10,440,678`|
|||`Less:Bursaries,grantsandallowances`|<br>`(2,072,158)`|<br>`(1,506,649)`|
||||`8,650,852`|`8,934,029`|
|||`Less:Introductorycommissions`|<br>`(21,354)`|<br>`(56,145)`|
||||<br>`8,629,498`|<br>`8,877,884`|
||`3.`|`SUNDRYANDOTHERINCOME`|||
||||`2021`|`2020`|
||||`£`|`£`|
|||`Insurancecommissions`|`(2,148)`|`-`|
|||`Useoffacilities`|`71,709`|`99,185`|
|||`Sundryincome`|`474,716`|`335,642`|
|||`Coronavirusjobretentionschemeincome`|`81,812`|`233,605`|
||||<br> <br>`626,089`|<br>`668,432`|
|`4.`||`STAFFCOSTS`|||
||||`2021`|`2020`|
||||`£`|`£`|
|||`Wagesandsalaries`|`5,101,065`|`5,152,416`|
|||`Socialsecuritycosts`|`792,200`|`427,948`|
|||`Otherpensioncosts`|`951,269`|`944,514`|
||||`6,844,534`|`6,524,878`|
|||`Theaveragenumberofemployees,bothfullandpart-time,ontheSchoolpayrollduringtheyearwasasfollows:`|||
||||`2021`|`2020`|
|||`Teachers`|`102`|`109`|
|||`Others`|`_/>`|`_81`|
||||`177`|`190`|
|||`Thenumberofemployeeswhoseemolumentsexceeded£60,000were:`|||
|||`£60,001- £70,000`|`3`|`3`|
|||`£70,001- £80,000`|`1`|`1`|
|||`£80,001- £90,000`|`1`|`1`|
|||`£140,001- £150,000`||`1`|
|||`£150,001- £160,000`||`=`|
|||`Thenumberwithretirementbenefitsaccruingin:`|||
|||`-Definedbenefitschemeswas`|`5.`|`a`|





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|`Expenditureincludes:`|||
|---|---|---|
||`2021`|`2020`|
||`£`|`£`|
|`Depreciationofownedassets`|`410,031`|`461,266`|
|`Auditors’remuneration-audit`|`19,800`|`15,000`|
|`Operatingleaserentals-equipment`|`173,497`|<br>`140,050`|



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||`Staffsalaries`|`Support`||`2021`|
|---|---|---|---|---|
||`andcosts`|`costs`|`Depreciation`|`Total`|
||`£`|`£`|`£`|`£`|
|`Charitableactivities:`|||||
|`Schooloperatingcosts:`|||||
|`Teachingcosts`|`5,362,060`|`607,626`|`-`|`5,969,686`|
|`Welfare`|`321,261`|`773,677`|`-`|`1,094,938`|
|`Premises`|`372,098`|`638,610`|`410,031`|`1,420,739`|
|`Managementandadministration`|<br>`789,115`|`499,031`|`-`|`1,288,146`|
|`Grants,awardsandprizes`|`-`|`8,864`|`-`|`8,864`|
|`Governancecosts`|<br>`-`|<br>`20,520`|<br>`-`|<br>`20,520`|
||`6,844,534`|`2,548,328`|`410,031`|`9,802,893`|
|`Other:`|||||
|`Financeandothercosts`|<br>`-`|<br>`44,107`|<br>`-`|<br>`44,107`|
|`Totalresourcesexpended`|`6,844,534`<br>|`2,592,435`<br>|`410,031`<br>|`9,847,000`<br>|





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||`Staffsalaries`|`Support`|||`2020`|
|---|---|---|---|---|---|
||`andcosts`|`costs`|`Depreciation`||`Total`|
||`£`|`£`|`£`||`£`|
|`Charitableactivities:`||||||
|`Schooloperatingcosts:`||||||
|`Teachingcosts`|`4,857,546`|`220,664`|`-`||`5,078,210`|
|`Welfare`|`307,903`|`776,083`|`-`||`1,083,986`|
|`Premises`|`458,552`|`588,383`|`461,266`||`1,508,201`|
|`Managementandadministration`|<br>`900,877`|`839,985`|`-`||`1,740,862`|
|`Grants,awardsandprizes`|`-`|`24,311`|`-`||`24,311`|
|`Governancecosts`|<br>`-`|<br> <br>`13,860`|<br> <br>`-`|<br>|<br> <br>`13,860`|
||`6,524,878`|`2,463,286`|`461,266`|`~`|`9,449,430`|
|`Other:`||||||
|`Financeandothercosts`|<br>`-`|<br>`182,060`|<br>`-`||<br>`182,060`|
|`Totalresourcesexpended`|`6,524,878`<br>|`2,645,346`<br> <br>|`461,266`<br> <br>|<br>|`9,631,490`<br> <br>|



## 

|`TANGIBLEFIXEDASSETS`|||||
|---|---|---|---|---|
||`Freehold`||`Motorvehicles`||
||`landand`||`and`||
||<br>`buildings`||<br>`equipment`|<br>`Totals`|
||`£`||`£`|`£`|
|`COSTORVALUATION:`|||||
|`At1 September2020`|`11,676,748`||`1,936,611`|`13,613,359`|
|`Additions`||`-`|`264,835`|`264,835`|
|`Disposals`||<br>`-`|<br>`-`||
|`At31August2021`|<br>`11,676,748`|<br>|<br>`2,201,446`|<br>`13,878,194`|
|`DEPRECIATION:`|||||
|`At1 September2020`|`4,684,815`||`1,143,818`|`5,828,633`|
|`Chargeforyear`|`272,927`||`137,099`|`410,026`|
|`Eliminatedondisposals`|<br>`-`|<br>|<br>`-`|<br>`-`|
|`At31August2021`|<br>`4,957,742`|<br>|<br>`1,280,917`|<br>`6,238,659`|
|`NETBOOKVALUE:`|||||
|`At31August2021`|`6,719,006`<br>|<br>|`920,529`<br>|`7,639,535`<br>|
|`At31August2020`|`6,991,933`||`792,793`|`7,784,726`|





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||`FIXEDASSETINVESTMENTS`|||
|---|---|---|---|
||<br>`UKquotedinvestments`<br>`Marketvalueat1 September2020`<br>`Additions`<br>`Disposalsatopeningmarketvalue`<br>`Investmentgains`|`2021`<br>`£`<br>`699,754`<br>`121,854`<br>`(113,926)`<br>`181,487`|`2020`<br>`£`<br>`692,273`<br>`63,431`<br>`(69,478)`<br>`13,528`|
||`Marketvalueat31August2021`|||
||`Unlistedinvestments`|||
||`Historicalcostasat31August2021`|<br> <br> <br>|<br>|
||`DEBTORS`|||
||`Amountsfallingduewithinoneyear:`|||
|||`2021`|`2020`|
|||`£`|`£`|
||`Tradedebtors`|`137,377`|`103,994`|
||`Otherdebtors`|`46,269`|`36,381`|
||`Prepaymentsandaccruedincome`|`131,292`|`136,066`|
|||`314,938`|`276,441`|
|`10.`|`CREDITORS`|||
||`Amountsfallingduewithinoneyear:`|||
|||`2021`|`2020`|
|||`£`|`£`|
||`Bankloansandoverdrafts`|`264,730`|`241,169`|
||`Tradecreditors`|`337,886`|`83,345`|
||`Othercreditors`|`189,362`|`241,942`|
||`Taxationandsocialsecurity`|`120,350`|`118,912`|
||`Accruals`|`415,863`|`159,519`|
||`Feesreceivedinadvance`|`1,426,100`|`1,532,855`|
||`Entrydepositsrepayable`|`223,031`|`280,768`|
|||`2,977,322`|`2,658,510`|
||`Amountsfallingdueaftermorethanoneyear:`|||
||`Bankloan`|`1,304,538`|`869,268`|





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|||||`Operating`|`leases`|
|---|---|---|---|---|---|
|||||`2021`|`2020`|
|||||`£`|`£`|
||`Withinoneyear— Equipment`|||`41,916`|`16,119`|
||`Betweenoneandfiveyears— Equipment`|||`431,717`|`293,405`|
|`12.`|`ALLOCATIONOFTHECHARITYNETASSETS`|||||
|||`Fixed`|`Net`|||
|||`assetsand`|`currentassets/`|`Longterm`||
|||`investments`|`liabilities`|`liabilities`|`Total`|
|||`£`|`£`|`£`|`£`|
||`Restrictedfunds`|`415,050`|`39,117`|`-`|`454,167`|
||`Unrestrictedfunds`|`8,115,611`|`(2,392,153)`|`(1,304,538)`|`4,418,920`|
|||`8,530,661`|`(2,353,036)`|<br>`(1,304,538)`|<br>`4,873,087`|
||`Analysisforcomparativeperiod:`|||||
|||`Fixed`|`Net`|||
|||`assetsand`|`currentassets/`|`Longterm`||
|||`investments`|`liabilities`|`liabilities`|`Total`|
|||`£`|`£`|`£`|`£`|
||`Restrictedfunds`|`348,517`|`34,044`|`-`|`382,561`|
||`Unrestrictedfunds`|`8,137,920`|`(2,359,832)`|`(869,268)`|`4,874,776`|
|||`8,486,437`|`(2,359,832)`|`(869,268)`<br>|`5,257,337`<br>|





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|`RESTRICTEDFUNDS`||||||||
|---|---|---|---|---|---|---|---|
|||||`Transfers`||`Realised/`||
||`At`|||`Between`||`unrealised`|`At`|
||`1.9.20`||`Income`|`Funds`|`Expenditure`|`Gains/(Losses)`|`31.8.21`|
||`£`||`£`|`£`|`£`|`£`|`£`|
|`RecoupmentFund`|`287,334`||`-`|`-`|`-`|`60,809`|`348,143`|
|`PrizeFund`|`56,924`||`101`|`-`|`(3,559)`|`7,980`|`61,446`|
|`FitnessCentreFund`|`6,868`||`-`|`(227)`|`-`|`-`|`6,641`|
|`DevelopmentFund`|`649`||`710`|`-`|`(178)`|`-`|`1,181`|
|`ModernLanguagesFund`|`4,803`||`-`|`-`|`-`|`-`|`4,803`|
|`ThriftShop`|`7,747`||`-`|`(1,515)`|`-`|`-`|`6,232`|
|`BigLotteryFund`|`4,606`||`-`|`(995)`|`-`|`-`|`3,611`|
|`PrepChaplaincyFund`|`1,500`||`-`|`-`|`-`|`-`|`1,500`|
|`FitnessCentreEquipment`|<br>`3,580`||`-`|`(1,789)`|`-`|`-`|`1,791`|
|`PrepPlayground`|`8,100`||`-`|`(900)`|`(77)`|`-`|`7,123`|
|`DramaFund`|`300`||`556`|`-`|`-`|`-`|`856`|
|`HardshipFund`|`150`||`2,400`|`-`|`(2,550)`|`-`|`-`|
|`SeniorSchoolFund`||<br>`-`|<br>`13,887`|<br>`(547)`|<br>`(2,500)`|<br>`-`|<br>`10,840`|
||<br>`382,561`|<br>|<br>`17,654`|<br>`(5,973)`|<br>`(8,864)`|<br>`68,789`|<br>`454,167`|
|`Analysisforcomparative`|`period:`|||`Transfers`||`Realised/`||
||`At`|||`Between`||`unrealised`|`At`|
||`1.9.19`||`Income`|`Funds`|`Expenditure`|`Gains/(Losses}`|`31.8.20`|
||`£`||`£`|`£`|`£`|`£`|`£`|
|`RecoupmentFund`|`272,160`||`-`|`482`|`-`|`14,692`|`287,334`|
|`PrizeFund`|`78,530`||`157`|`-`|`(23,484}`|`1,721`|`56,924`|
|`FitnessCentreFund`|`7,095`||`-`|`(227)`|`-`|`-`|`6,868`|
|`DevelopmentFund`|`556`||`920`|`-`|`(827)`|`-`|`649`|
|`ModernLanguagesFund`|`4,803`||`-`|`-`|`-`|`-`|`4,803`|
|`ThriftShop`|`9,262`||`-`|`(1,515)`|`~`|`~`|`7,747`|
|`BigLotteryFund`|`5,601`||`-`|`(995)`|`-`|`-`|`4,606`|
|`PrepChaplaincyFund`|`1,500`||`-`|`-`|`-`|`-`|`1,500`|
|`FitnessCentreEquipment`|<br>`5,369`||`-`|`(1,789)`|`-`|`-`|`3,580`|
|`PrepPlayground`|`9,000`||`-`|`(900)`|`-`|`-`|`8,100`|
|`DramaFund`||`-`|`300`|`-`|`-`|`-`|`300`|
|`HardshipFund`||<br>`-`|<br> <br>`6,425`|<br> <br>`(6,275)`|<br> <br> <br>`-`|<br> <br> <br>`-`|<br> <br> <br>`150`|
||`393,876`<br>|<br>|`7,802`<br>|`(11,219)`<br>|`(24,311)`<br>|`16,413`<br>|`382,561`<br>|





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|`15.`|`RECONCILIATIONOFNETINCOME/(EXPENDITURE)TO`<br>`NETCASHINFLOWFROMOPERATINGACTIVITIES`||||
|---|---|---|---|---|
||||`2021`|`2020`|
||||`£`|`£`|
||`Net(expenditure}/incomefortheyearaspertheStatement`||||
||`ofFinancialActivities`||`(384,250)`|`(54,236)`|
||`Adjustedfor:`||||
||`Depreciation`||`410,031`|`461,266`|
||`Gainsoninvestments`||`(181,487)`|`(13,528)`|
||`Incomefrominvestments`||`(8,123)`|`(8,457)`|
||`(Increase)/decreaseindebtors`||`(38,497)`|`185,203`|
||`(Decrease)/increaseincreditors`||`295,251`|`(809,671)`|
||`Netcashprovidedbyoperatingactivities`||`92,925`|`(239,423)`|
|`16.`|`ANALYSISOFCASHANDCASHEQUIVALENTS`||||
||||`2021`|`2020`|
||||`£`|`£`|
||`Cashatbankandinhand`||`309,348`|`22,237`|
||`Overdraftfacilityrepayableondemand`||`-`|`(46,680)`|
||||`309,348`|`(24,443)`|
|`17.`|`ANALYSISOFCHANGESINNETDEBT`||||
|||`At1.9.20`|`Cashflow`|`At31.8.21`|
|||`£`|`£`|`£`|
||`Netcashandcashequivalents`||||
||`Cashatbankandinhand`|`22,237`|`287,111`|`309,348`|
||`Overdraftfacilityrepayableondemand`|<br>`(46,680)`|<br>`46,680`|<br>`-`|
|||<br>`(24,443)`|<br>`333,791`|<br>`309,348`|
||`Debt`||||
||`Loansfallingduewithin1 year`|`(194,489)`|`(70,241)`|`(264,730)`|
||`Loansfallingdueafter1 year`|<br>`(869,268)`|<br>`(435,270)`|<br>`(1,304,538)`|
|||<br>`(1,063,757}`|<br>`(505,511)`|<br>`(1,569,268)`|
||`Total`|`(1,088,200)`<br>|`(171,720)`<br>|`(1,259,920)`<br>|





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||`Unrestricted`|`Restricted`|`Total`|`Total`|
|---|---|---|---|---|
||`funds`|`funds`|`2020`|`2019`|
||`£`|`£`|`£`|`£`|
|`INCOMEANDENDOWMENTSFROM:`|||||
|`Charitableactivities`|||||
|`Feesreceivable`|`8,877,884`|`-`|`8,877,884`|`9,232,753`|
|`Sundryandotherincome`|`668,432`|`-`|`668,432`|`717,512`|
|`Donationsandlegacies`|`1,308`|`7,645`|`8,953`|`14,959`|
|`Investments`|||||
|`Investmentincome`|`8,300`|`157`|`8,457`|`13,103`|
|`Bankandotherinterest`|<br>`-`|<br>`-`|<br>`-`|<br>`-`|
|`Totalincome`|<br>`9,555,924`|<br>`7,802`|<br>`9,563,726`|<br>`9,978,327`|
|`EXPENDITUREON:`|||||
|`Charitableactivities`|||||
|`Schooloperatingcosts`|`9,425,119`|`24,311`|`9,449,430`|`9,672,274`|
|`Other`|||||
|`Financeandothercosts`|`182,060`|`-`|`182,060`|`106,569`|
|`Totalexpenditure`|<br> <br>`9,607,179`|<br> <br>`24,311`|<br> <br>`9,631,490`|<br> <br>`9,778,843`|
|`NETINCOME/(EXPENDITURE)`|||||
|`BEFOREGAINSANDLOSSESON`|||||
|`INVESTMENTSANDTRANSFERS`|`(51,255)`|`(16,509)`|`(67,764)`|`199,484`|
|`Gainsoninvestments`|||||
|`Realisedondisposal`|`(11,425)`|`-`|`(11,425)`|`(257)`|
|`Unrealisedonrevaluation`|`8,540`|`16,413`|`24,953`|`20,007`|
|`Transfersbetweenfunds`|<br>`11,219`|<br>`(11,219)`|<br>`-`|<br>`-`|
|`NETMOVEMENTSINFUNDS`|<br>`(42,921)`|<br>`(11,315)`|<br>`(54,236)`|<br>`219,234`|
|`Fundbalancesbroughtforward`|||||
|`at1 September2019`|<br>`4,917,697`|<br>`393,876`|<br>`5,311,573`|<br>`5,092,339`|
|`FUNDBALANCESCARRIED`|||||
|`FORWARDAT31AUGUST2020`|`4,874,776`<br>|`382,561`<br>|`5,257,337`<br>|`5,311,573`<br>|