2021-08-31-accounts

				Page
Reference and Administrative		Details ofthe School, its Governors	and Advisers	1
Governors' Report				2-14
Statement of Governors' Responsibilities				15
Independent Auditor's	Report	on the Financial Statements		16 - tg
Statement of Financial	Activities			20
Balance Sheet				21
Statement ofCash Flows
Notes to the Financial	Statements			23-47

Governors			JA Davison, BA Hons, Chair	JA Davison, BA Hons, Chair	JA Davison, BA Hons, Chair
			SClark, BSc,FRICS, ACIArb
			BCooper, MA,	PGCE
			PJ Evans, BA	Hons, LTCL, PGCE
			A Leyshon, BA	Hons, ACA
			RA S Mallinson, BSc,LLB
			AA Melrose, CA (SA)
			V C L Molony, BA Hone (resigned 10July 2021)
			A C Shirley, BSc(resigned 9July 2021)
			C W Symes, BSc,MAEd, MCGI, PGCE
			FStack, MA ED(open), BA Hone, PGCE, Mont Dip
			R Bhoola (appointed		13March 2021)
			KPrest (appointed		13March 2021)
			TSexton (appointed		13March 2021)
Company	registered
number			912265
Charity registered
number			310481
Registered		office	Orwell Park School
			Nacton
			Ipswich
			Suffolk
			IP10OER
Independent		auditor	MHA Maclntyre	Hudson
			Statutory Auditor
			Boundary House
			4 County Place
			Chelmsford
			Essex
			CM2 ORE
Bankers			Barclays Bank PLC
			1 Princes Street
			Ipswich
			Suffolk
			IP5 7RF
Solicitors			Barker Gotelee
			41cBarrack Square
			Martlesham
			Ipswich
			Suffolk
			IP5 7RF

		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		2021	2021	2021	2020
	Note	6	6	6
Income from:
Donations and grants Charitable activities	4 5 6	268,378 3,882,034		268,378 3,882,034	253,621 4,422,105
Other trading activities Investments	10	167,869 74		157,869 74	22,237 604
Total Income		4,308,355		4,308,355	4,698,457
Expenditure on: Raising funds Charitable activities	11 13	38,009 4,606,433		38,009 4,506,433	2,187 4,954,753
Total expenditure		4,644,442		4,544,442	4,955,940
Net movement in funds before other
recognised gains		(236,087)		(236,087)	(258,473)
Other recognised gains: Gains on revaluation offixed assets		314,846		314,846
		78,769		78,759	(258,473)
Net movement in funds
Reconciliation offunds:
Total funds brought forward	24	4,363,462	3,668	4,367,130	4,625,603
Net movement in funds		78,769		78,769	(258,473)
Total funds carried forward	24	4,442,221	3,668	4,445,889	4,367,130

				Note	2021 E	2020f
Cash flows from operating	activities
Net cash used in operating	activities			26	(245,079)	(122,250)
Cash flows from investing	activities
Investment income				10	74	504
Proceeds from the sale oftangible fixed		assets		18		25,964
Purchase oftangible fixed assets				18	{199,727)	(213,380)
Interest paid					(29,522)	(1,835)
Net cash used In investing	activities				(229,175)	(188,747)
Cash flows from financing	activities
New secured loans						1,250,000
Net cash provided by financing activities						1,250,000
Change in cash and cash	equivalents	in	the year		(474,254)	939,003
Cash and cash equivalents	at the beginning		ofthe year		860,378	(78,625)
Cash and cash equivalents	at the end of		the year	27	386,124	860,378
The notes on pages 23to 47 form part ofthese financial statements

Freehold	land and buildings	- Not	depreciated,	depreciated,	subject to annual	impairment
		review
Plant and	equipment	- 5-25/o straight			line
Motor vehicles		- 20'/o	straight	line
Furniture,	fixtures and fittings	- 10'/s	straight	line
Computer	equipment	- 25'/	straight	line

				Unrestrtcted	Total
				funds	funds
				2021	2021
					6
HMRC	Job	retention	scheme	268,378	268,318
				Unrestricted	Total
				funds	funds
				2020	2020
				6	6
HMRC	Job	retention	scheme	253,621	253,521

		Unrestricted	Total
		funds	funds
		2021	2021f
Educational	operations	3,882,034	3,882,034
		Unrestricted	Total
		funds	funds
		2020	2020
Educational	operations	4,422,105	4,422,105

6.	Analysis ofin	come f	ro	m charitable activities by type	ofincome
						2021	2020
						E	6
	School fees				7	3,726,237	4,153,754
	Other ancillary	trading	income		8	425,176	268,351
						4,150,412	4,422,105
7.	School fees
						2021 E	2020f
	Gross fees					4,455,168	4,791,170
	Less: total bursaries,		grants and allowances			(729,921)	(637,416)
						3,725,237	4,153,754
8.	Other ancillary	trading		income
						2021 E	2020f
	Learning support					69,940	85,919
	Registration fees					6,175	6,360
	Insurance commission					14,636	19,399
	Sundry income					311,634	91,444
	School activity	income				29,910	62549
	Orwell Park activities		income			3,080	2680
						425,176	268,351

			Unrestricted	Total
			funds	funds
			2021	2021
			E	6
	Fundraising		52,916	52,916
	Letting income		104,953	104,953
	Total 2021		157,869	157,869
			Vnrestrfcted	Total
			funds	funds
			2020f	2020
	Fundraising		10	10
	Concerts and events		1,780	1,780
	Letting income		20,447	20,447
	Total 2020		22237	22,237
10.	Investment	income
			Unrestricted	Total
			funds	funds
			2021	2021
			6	6
	Bank interest	receivable	74	74
			Vnresldcled	Total
			funds	funds
			2020f	2020
	Bank interest	receivable	504	504

				Activities
				undertaken	Support	Total
				directly	costs	funds
				2021	2021	2021
				8	E	8
Schools	and	grant	making	3,794,047	712,386	4,506.433
				Activities
				undertaken	Support	Total
				directly	costs	funds
				2020	2020f	2020
Schools	and	grant	making	4,132,205	822,548	4,954,753

			Total	Total
			funds	funds
			2021	2020
			E	5
Staff costs			3,084,6&8	3,384,526
Depreciation			36,146	24,846
Teaching costs			73,649	163,241
Welfare costs			111,114	113,531
Premises costs			488,550	446,061
Total			3,?94,04?	4,132,205
Analysis ofsupport costs
			Total	Total
			funds	funds
			2021	2020
			E
Staff costs			396,121	379,622
Orwell Park Activities				1,729
School activities		recharged	13,568	49,359
Miscellaneous			12,037	17,935
Printing, posting		and stationary	30,602	35,021
Professional fees			42,941	23,576
Marketing and recruitment			42,137	76,383
Concerts			10,887	10,833
Telephones			21,069	2?,964
Computer costs			78,162	502,387
Bank charges			13,352	9,947
Bad debts			20,?94	51,606
Commission	fees		17,993	25,472
Governance	costs		12,723	f6,694
Total			712,386	822,548

14.	Governance co	sts
								2021 E	2020f
	Inspection costs							3.123	5,177
	Audit and accountancy							$,600	ff,517
								12,723	15,594
15.	Auditor's remuneration
								2021 E	2020 f
	Auditor's remuneration		-Audit	ofthe financial statements				8,250	8,000
	Auditor's remuneration		- Other	selvices				1,350	3,517
16.	Staffcosts
								2021 5	2020f
	Wages and salaries							2,808,116	3,030,724
	Social security costs							254,009	279,231
	Pension costs							418,685	454,193
								3,480,809	3,754, 148
	Included within	wages	and salaries are		staff restructuring	costs of	243,952 (2020 - 542,572) of which
	f9,731 (2020 -	515,092) is		in respect	of non-statutory	severance	payments	made to 3 (2020 - 4)
	individuals.
	The average number ofpersons employed				by the School	during the year was as follows:
								2021	2020
								No.	No.
	Teaching							62	59
	Welfare							34	36
	Maintenance							8	8
	Administration							15	56
								109	f19

2021	2020
No.	No.

	Freehold			Furniture,
	land and	Plant and	Motor	fixtures and
	buildings	equipment	vehicles	fitt)ngs	Total
		6	6		F
Cost or valuation
At 1 September 2020	6,548,052	672,797	75,245	87,400	7,283,494
Additions	117,122	78,445		4,160	199,727
Revaluations	314,846				314,846
At 31August 2021	6,980,020	651,242	75,245	91,560	7,798,067
Depreciation
At 1 September 2020	1,360,017	166,196	75,246	12,049	1,613,507
Charge for the year		27,906		8,241	36,146
At 31August 2021	1,360,017	194,101	75,245	20,290	1,649,653
Net book value
At 31August 2021	5,620,003	457,141		71,270	6,148,414
Al 31August 2020	5.188035	4DS,6ijt		75,351	5,669,967

purpose	s of	these	financial statements.
				2021	2020
				E	5
Historic	cost	less	depreciation	3,432,752	3,501,210
				3,432,762	3,501,210

Stocks
		2021	2020
		E
Stationary supplies		160	600
Food stocks		600	2,019
Oil stocks		6,399	6,399
		7,349	9,018
There is no material difference between the replacement		costs ofstocks and the amounts stated	above.
Debtors
		2021	2020
		E
Due within one year
Trade debtors		1,099	1,180
Other debtors		66,668	23,653
Prepayments	and accrued income	62,663	146,810
School fees		69,680	54,780
		210,010	226,383

							2021	2020
							E
Bank overdraffs								4,303
Bank loans							91,933	4,635
Fees in advance							366,841	205,988
Trade creditors							4,714	5,237
Lump sum fees (see below)							63,021	119,266
Amounts owed to subsidiary	undertakings						100	100
Other taxation and social security							323,712	392,284
Final term deposits							31,000	23,000
Other creditors							62,685	80,611
Accrusls and deferred income							86,969	115,894
							1,019,875	951,318
Both the bank overdraff and	bank		loan are secured		by way of a legal	charge	over the property at Orwell
Park Nacton Ipswich Suffolk	in	favour of Barclays Bank PLC.
sum fees
Parents may enter into a contract			to pay the School		tuition fees in advance. The money may be returned
subject to specific conditions.		The balance		represents the accrued		liability	under the contracts. The
movements during the year	were:
							2021	2020
							6
Balance st 1 September 2020							235,319	193,170
Amount of lump sum fees received			in the year					133,709
Amount utilised in payment	of	school fees to the school					(133,382)	(91,550)
Balance at 31August 2021							101,937	235,319
							2021 6	2020 f
Ofwhich:
Payable within 1 year							63,021	119,256
Payable after 1 year							48,816	116,053
Balance at 31August 2021							101,937	235,319

							2021	2020
							F	6
Bank loans						1,164,317		1,245,365
Lump sum fees							48,916	116,053
Final term deposits							73,000	86,000
						1,2&6,233		1,447,418
			Bank	loan	Lump sum	fees	Final term	deposits
			2021	2020	2021	2020	2021	2020
			f	E	6	6	6	F
In more than one year but			94,022	56,306	18,234	78,661	18,000	22,000
not more than	two years
In more than two years		but	1,070,295	1,189,059	30,682	37,392	31,500	41,000
not more than	five years
More than five	years						23,500	23,000
			1,184,317	1,245,365	48,916	116,053	73,000	66,000

	Balance at 1					Balance at
	September			Transfers	Galnsl	31August
	2020	Income	Expenditure	In/(out)	(Losses)	2021
	6	E	E	E	E	E
Unrestricted
funds
Designated
funds
Designated
fixed esse'ts
fund	4,256,501		(36,146)	199,727		4,420,082
Fixed asset
revaluation
reselve	1,413,486				314,846	1,728,332
	6,669,987		(36,146)	199,727	314,846	6,148,414
General funds
General fund	(1,306,526)	4,308,355	(4,608,296)	(199,727)		(1,706,193)
Total
Unrestitcted
funds	4,363,462	4,308,355	(4,544,442)		314,846	4,442,221
Restricted
funds
Other	3,668					3,668
Total offunds	4,367,130	4,308,355	(4,544,442)		314,846	4,446,889

Statement	offunds	- prior ye	ar
			Balance ai					Balance at
			1September				Transfers	31August
			2019f	Income f	Expenditure	f	in7oul	2020
Unrestricted	funds
Designated	funds
Designated	fixed assets fund		4,067,967		(24,846)		213,380	4,256,501
Fixed asset	revaluation
reserve			1,413,486					1,413,486
			5,481,453		(24,846)		213,380	5,S69,987
General funds
General fund			(859,518)	4,698,467	(4,932,094)		(213,380)	(1,30S,525)
Total Unrestricted		funds	4,621,935		(4,956,940)			4,363,462
Restricted	funds
Other			3,668					3,668
Total offunds			4,625,603		(4,956,940)			4,367,130

Analysis	of ne	t assets between	funds -current year
				Unrestricted	Restricted	Total
				funds	funds	funds
				2021	2021	2021
					E
Tangible	fared	assets		6,148,414		6,148,414
Fixed asset investments				100		100
Current assets				599,815	3,668	603,483
Creditors	due within one year			(1,019,875)		(1,019,875)
Creditors	due in more than one year			(1,286,233)		(1,286,233)
Total				4,442,221	3,668	4,445,889
Analysis	ofnet assets between		funds - prior year
				Unnsstncted	Restricted	Total
				funds	funds	funds
				2020	2020	2020
						6
Tangible	fixed	assets		6,669,987		5,669,987
Fixed asset investments				100		100
Current	assets			1,092, 111	3,666	1,095,779
Creditors	due	within one year		(951,316)		(951,318)
Creditors	due	in more than one year		(1,447,418)		(1,447,418)
Total				4,363,462	3,668	4,367,130

26.	Reconciliation of	net movem	ent	In f	unds	to net cas	h Row from o	perating	activities
									2021 E	2020f
	Net expenditure	for the year		(as	per	Statement	of Financial
	Activities)								(236,087)	(258,473)
	Adjustments for:
	Depreciation charges							18	36,146	24,846
	Investment income							10	(74)	(504)
	Profit on the sale offixed assets							18		(25,964)
	Decrease/(increase)	in stocks						19	1,669	(505)
	Decrease/(increase)	in debtors						21	16,373	(7,260)
	Increase/(decrease)	in creditors						23,22	(92,628)	143,775
	Interest paid							11	29,522	1,835
	Net cash used in	operating	acdvities						(245,079)	(122,250)
27.	Analysis ofcash	and cash equivalents
									2021	2020
									E	5
	Cash in hand								386,124	860,378
	Total cash and cash equhralents								386,124	850,378
28.	Analysis ofchanges in net		debt

				At 1
				September		At 31
				2020	Cash flows E	August 2021 f
Cash	at bank and in hand			860,378	(474,254)	386,124
Bank	overdrafts	repayable	on demand	(4,303)	4,303
Debt	due within	I year		(123,901)	(21,053)	(144,954)
Debt	due after 1 year			(1,361,418)	148,185	(1,213,233)
				(629,244)	(342,819)	(972,063)