2020-03-31-accounts

Trustee	s	Report	Report
Reference		and Administrative		Details
Trustees				Mr SMurcer (resigned		25	September 2019)
				MrS WTS Jaggard
				Ma)or M R H uddicoat		(resigned			8November 2019)
				Mrs E LRamsey (resigned			11 November 2019)
				Mrs LJ Prior (resigned		14October 2018)
				Mr N L Short {resigned		11August			2019)
				Mrs BA Tupper (resigned			31 August 2019}
				Mrs JScholes
				Mrs W Toison
				Mr A Hiclding (appointed			16 May		2019and resigned		21 November
				2019)
				Mrs C M G Finlay	(appointed				21 May 2020 and		resigned	21
				September 2021)
				Revd Dr A C Creedon	(appointed				21 May 2020)
				Miss C M Savage (appointed				21	May 2020)
Secretary				Mrs D JJones
Principal	Office			North Cheriton
				Templecombe
				Somerset
				BA8 OAH
				The charitable company		is incorporated in England				and Wales.
Company	Registration		Number	00618973
Charitable		company		3102t8
Registration		Number
Auditor				PKF Francis Clark
				Ground Floor
				Blackbrook Gate 1
				Blackbrook Business	Park
				Taunton
				Somerset
				TA1 2PX

				Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			Note	funds 6	funds 6	2020 6	fundsf	funds	2019 6
Income and Endowments		from:
Donations and legacies			3		1,674	1,674	165	1,036	1,201
Charitable activities			4	2,809,196	2,640	2,811,836	2,686,236	15,234	2,701,470
Investment income			5	14,321		14,321	12,728		12,728
Other income			6	200		200	728		728
Total Income				2,823,717	4,314	2,828,031	2,699,857	16,270	2,716,127
Expenditure on: Charitable activities Total Expenditure			7	~2.500.388 ~2.506.308	~77.983 ~77.9B3	~2,524,377 ~2,297,060 ~22543, 77~2297.860		~24,040 ~24,940	2,316,808 l22376.000
Net income/(expenditure)				317,329	(13,669)	303,660	407,989	(8,670)	399,319
Transfers between	funds						(1,794)	1,794
Reconciliation of	funds
Total funds brought	forward			5,424,554	16,530	5,441,084	5,018,359	23,406	5,041,765
Total funds canied	forward			5,741,883	2,861	5,744,744	5,424,554	16,530	5,441,084

Balance	S	he	et	as	at 31 March 2020
							2020	2018
						Note	6
Fixed assets
Tangible assets						12	3,376,267	3,353,675
Investments						13	1,000,000	1,000,000
							4,376,267	4,353,675
Current assets
Stocks						14	863	615
Debtors Cash at bank		and	in	hand		15	335,715 35,240 1,106,815, 1,170,668
							1,443,393	1,206,523
Creditors:	Amounts			falling due within one year		16	~174,976 ~179,7741
Net current	assets						1,368,477	1,087,409
Net assets							5,744,744	5,441,084
Funds ofthe		charitable			company:
Restricted	funds						2,861	16,530
Unrestricted		Income funds
Unrestricted	funds						5,741,883	5,424,554
Total funds						19	5744744	5441,664

				Note	2020f	2019f
Cash flows from operating		activities
Net income					303,660	399,319
Adjustments to cash flows		from non-cash	items
Depreciation Investment income				3	158,085 ~14,321	163,398 ~12,728
					447,424	549,989
Working capital adjustments
(Increase)/decrease in stocks				14	(248)	385
Increase in debtors Decrease in creditors				15 13	(300,475) ~44, 198	(7,391) ~11,939
Net cash flows from operating		activities			102,503	531,044
Cash flows from investing		activities
Purchase oftangible fixed assets				12	(180,677)	(327,712)
Cash flows from financing		activities
Investment income					14,321	12,728
Net (decrease)/Increase in cash and cash equivalents					(63,853)	216,060
Cash and cash equivalents	at 1 April				'I,170,668	954,608
Cash and cash equivalents	at 31 March				1,106,815	1,170,668

Income from donations and l	egacies
	Restricted	Total	Total
	fundsf	2020f	2019f
Donations	1,674	1,674	1,201
	1,674	1,674	1,201

		Unrestricted	Restricted	Total	Total
		fundsf	fundsf	2020f	2019 f.
School fess		2,808,518		2,808,518	2,685,528
School meals		678		676	708
Pupil premium			2,640	2,640	9,046
1:1teaching	assistant				6,188
		2,809,196	2,640	2,8'I1,836	2,701,470

5 Investment in	come
		Unrestricted	Total	Total
		fundsf	2020f	2019f
Interest receivable	on bank deposits	2,789	2,789	2,091
Other Investment	income	11,532	11,532	10,637
		14,321	14,321	12,728

11 Staff costs
The aggregate	payroll costs were as follows:
		2020	2019
Wages and salaries		1,573,113	1,449,331
Social security Pension costs	costs	138,458 184,787	124,966 158,004
		1,896,358	'i,732,301

charitable company during	the year was as fol	lows:
			2020	2019
			No	No
Teaching staff			11	12
Cere staff			19	18
Teaching assistants			19	15
Domestic staff			11	13
Office staff			4	4
			64	62
The number ofemployees	whose emoluments	fell within the following	bands was:
			2020	2019
			No	hto
660,001 - 870,000			2	1
660,001 - 690,000			1	1

12Tangible fixed assets
	Land and	Fixtures and	INotor	Computer
	buildingsf	ftttfngsf	vehidlesf	equipment	Totalf
Cost
At 1 April 2019	3,975,828	285,278	136,606	99,085	4,496,797
Additions	1.15,180	33,856	19,000	12,641	180,677
At 31 March 2020	4,091,008	319,134	155,606	111,726	4,677,474
Depreciation
At 1 April 2019	786,439	232,995	50,703	72,985	1,143,122
Charge for the year	87,263	33,,852	22,664	14,306	158,085
At 31 March 2020	673,702	266,847	73,367	87,291	1,301,207
Net book value 3101 16 0¹0	3,3'l1 300	52,287	82,239	24,435	3,376,267
At 31 March 2019		52,283	85,903	26, 'l 00	3,353,675
13Fixed asset 'Investments
				2020 f	2019 f
Investment in income bonds				1,0DD,IIDD	1,00D000
14Stock
				2020 f	2019 f
Stocks				003	610

15Debtors
			2020	2019
				8
Trade debtors			290,010
Other debtors			26	200
Prepayments	and accrued income		45,679	35,040
			335,715	35,240
16Creditors:	amounts	falling dais within ons year
			2020f	2919 8
Trade creditors			38,535	24,965
Other taxation	and social security		11,171	42,363
Other creditors			959	1,439
Accruals			24,251	50,347
			74,916	119,114
17Pension schemes
Defined contribution		pension scheme

19Funds
		Balance at				Balance at
		1 April 201'9 8	Incoming resources	Resources expended 8	Transfers 9	31 March 2020 8
Unrestdcted funds
Unrestricted funds
General fund		5,390,119	2,823,717	(2,506,388)	34,435	5,741,883
Designated Building reserve		34,435			~34,435
Total Unrestricted	funds	5424,554	2823 71,7	.)22909,399		5,?41,883
Restdcted funds
Schoolfund Pupil premium		2,687 13,843	1,674 2,640	(4,140) ~)3.843)		221 2,640
Total restricted funds		16,630	4,314	~)7.983		2,861
Total funds
		Batance al				Balance at
		1 April 2018	incoming resources	Resources expended 8	Transfers 9	31 March 2019
Unrestricted funds
Unrestricted funds
General fund		4,980,276	2,699,857	(2,291,868)	1,854	5,390,119
Designated Building reserve Total unrestricted	funds	38,083 5,018,355	2,665,857	~2,291.868	~3848 ~),794	34435 5,424,554
Restricted funds
School fund		2,767	1,036	(1,116)		2,687
Pupil premium 1 l Teaching assistant		20,639	9,046 6188	(15,842) ~7,982)	1.794	13,843
Total restricted funds		23406	16270	~2494D	1,794	1653D
Total funds		5,046765	2 716,127	~2,318.808		5,441,084

21 Analysis ofnet funds	21 Analysis ofnet funds
				At 31 March
		At 1 April 2019 6	Cash flow	2020 6
Cash at bank and	In hand	1,170,668	(63,853)	1,106,815
Net funds		1,170,668	(63,853)	1,106,815
				At 31 March
		At1April2018	Cashflow	20'tg 6
Cash at bank and	in hand	954,608	216,060	1,170,668
Net funds		954,608	216,060	1,'l70,668