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||Total|Total|
|---|---|---|
||Unrestricted|Unrestricted|
||Funds|Funds|
|Notes|2021|2020|
||K||
|INCOME FROM:|||
|Charitable
Activities|||
|School fees receivable|3,863,341|3,746,515|
|Registration
fees and other|||
|income|120,545|128,020|
|Donations
and Grants|27,680|32,105|
|Other trading
activities|||
|Rental income|2,534|2,065|
|Investments|8,825|26,493|
|Totalincome|4 022 925|3935198|
|EXPENDITURE ON:|||
|Charitable
Activities|||
|School's operations|3,833,260|3,739,071|
|Total expenditure|3833260|3739071|
|NET INCOME FOR THE YEAR AND|||
|MOVEMENT
IN FUNDS|189,665|196,127|
|Fund balances at 1 September 2020|4,888,488|4,692,361|
|FUND BALANCES at 31 August 2021|5078 153|4 888488|
##
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|AT 31AUGUST 2021||||||||
|---|---|---|---|---|---|---|---|
||||Notes|2021||2020||
|FIXEDASSETS||||||||
|Tangible assets|||||3,038,574||2,873,044|
|CURRENT ASSETS||||||||
|Debtors||||122,164||140,697||
|Cash at bank and in hand||||3,224,511||2,959,953||
|||||3,346,675||3,100,650||
|CREDITORS: Amounts|falling|||||||
|due within one year|||10|1,098,026||913,306||
|NET CURRENT ASSETS|||||2,248,649||2,187,344|
|TOTAL ASSETSLESSCURRENT||||||||
|LIABILITIES|||||5,287,223||5,060,388|
|CREDITORS: Amounts|falling due|||||||
|after more than one year|||||(209,070)||(171,900)|
|NET ASSETS|||||5078 153||4 888488|
|The funds ofthe charity are represented||by:||||||
|Unrestricted
funds:|||12|||||
|General funds|||||3,700,153||3,790,488|
|Designated
funds|||||1,378,000||1,098,000|
||||||5078 153||4 888488|
##
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|FO|R THE YEAR ENDED|31A|UGUS|T 20|21||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2021|||2020||
||||||||Notes||||||||
||Net cash inflow from|operations|||||||||||||
||Net cash provided
by operating
activities|||||||||||614,154|~|237,684|
||Cash flows from investing||activities:||||||||||||
||Payments
for tangible|fixed|assets||||||(358,421)||||(143,157)||
||Investment
income|||||||||8,825|||26,493||
||Net cash used in investing||activities||||||||~349.596|||116,664|
||Change
in cash and cash equivalents||||in the||reporting|period||||264,558||121,020|
||Cash and cash equivalents||at the|beginning|||ofthe period||||2,959,953||2,838,933||
||Cash and cash equivalents
reporting
period||at the|end|ofthe||||||3,224,511||2,959,953||
|(i)|RECONCILIATION
OF NET MOVEMENT|||||IN|FUNDS|TO|NET|CASH|FLOW FROM||OPERATING||
||ACTIVITIES||||||||||||||
|||||||||||||2021f||2020f|
||Net movement
in funds|||||||||||189,665||196,127|
||Depreciation
charges|||||||||||192,891||169,722|
||Decrease/(increase)
in|debtors||||||||||18,533||(49,401)|
||Increase/(decrease)
in|creditors||||||||||221,890||(52,271)|
||Investment
income|||||||||||(8,825)||(26,493)|
||Net cash inflow from|operating||activities||||||||614154||237664|
|(ii)|Analysis ofcash and|cash|equivalents||||||||||||
|||||||||||||2021
f||2020f|
||Cash||||||||||3,224,511||2,959,953||
||Total cash and cash equivalents||||||||||3,224,511||2,959,953||
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||||Total|Total|
|---|---|---|---|---|
||||2021|2020|
||||E||
|Fees|receivable|consists of|||
|Gross|fees||3,982,710|3,838,733|
|Less:|Assisted|places and staff concessions|(119,369)|(92,218)|
|||||J|
||||3,863,341|3,746,515|
##
|REGISTRAT|ION FEEAND OTHER|INCOME||||
|---|---|---|---|---|---|
|||||Total|Total|
|||||2021|2020|
|||||E||
|Registration|and other fees including|initial deposits|forfeited|40,800|17,250|
|Clubs income||||79,745|110,770|
|||||120,545|128,020|
##
||Total|Total|
|---|---|---|
||2021|2020|
||F||
|Bank interest|8,645|25,998|
|Interest on late fees|180|495|
||8,825|26,493|
##
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##
|a) Total expenditure|a) Total expenditure||||||
|---|---|---|---|---|---|---|
||||Staff costs|Depreciation|Other|Total|
||||(note 6)|(note 8)|Costs|2021|
||||E|E|E|E|
|Charitable|expenditure||||||
|Teaching|||2,189,468||511,074|2,700,542|
|Welfare|||43,535||222,188|265,723|
|Premises|||94,226|192,891|20,407|307,524|
|School administration||and|||||
|governance|||459,878||99,593|559,471|
|Total expenditure|||2,787,107|192,891|853,262|3,833,260|
|b) Governance|b) Governance|included|included|in|support costs|||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
|||||||||E|E|
|Remuneration||paid|to auditor||for audit services (excluding||VAT)|11,525|11,200|
|Remuneration||paid|to auditor||for non-audit
services (excluding|||||
|VAT)||||||||1,500|1,425|
|||||||||13,025|12,625|
|No Trustees|were reimbursed||||expenses
in the year (2020:||ENil).|||
|PRIOR YEAR||||||||Other|Total|
||||||Staff costs|Depreciation||Costs|2020|
||||||E||E|E|E|
|Charitable|expenditure|||||||||
|Teaching|||||2,161,083|||490,178|2,651,261|
|Welfare|||||42,971|||213,104|256,075|
|Premises|||||93,004|169,722||19,572|282,298|
|School administration
and||||||||||
|governance|||||453,916|||95,521|549,437|
|Total expenditure|||||2,750,974|169,722||818,375|3,739,071|
##
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|FOR|THE|YEAR ENDED 31AU|YEAR ENDED 31AU|GUST|2021||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Note|6|STAFF COSTS|||||||||||
||||||||||||2021|2020|
|||The aggregate|payroll|costs for the||year were:|||||||
|||Wages and salaries|||||||||2,188,031|2,184,184|
|||Social security|costs||||||||221,532|210,333|
|||Pension costs|||||||||377,544|356,457|
||||||||||||2,787,107|2,750,974|
||||||||||||2021|2020|
|||||||||||||E|
|||Total amount|of employee||benefits|(including||employer||pension|||
|||contributions)|of key management|||personnel:|||||217,082|212,417|
|||The number
of higher||paid|employees||whose|annual|emoluments||were F60,000||
|||or more was:|||||||||||
||||||||||||2021|2020|
||||||||||||No|No|
|||260,001 - F70,000|||||||||||
|||f70,001 -680,000|||||||||||
|||f90,001 - f100,000|||||||||||
|||The average
number||ofemployees||during the||year were:|||||
||||||||||||2021|2020|
||||||||||||No|No|
|||Teaching|||||||||51|51|
|||Office and non-teaching
staff|||||||||12|11|
||||||||||||63|62|
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|TANGIBLE FIXEDASSETS||||
|---|---|---|---|
||Freehold|Property|Fixture|
||Land and|Improvements|and|
||Buildings||Fittings|
||F|||
|Cost||||
|At 1 September 2020|3,961,894|539,300|581,811|
|Additions|29,002|108,040|167,333|
|At 31 August 2021|3,990,896|647,340|749,144|
|Depreciation||||
|At 1 September 2020|1,435,719|321,858|516,137|
|Charge for the year|77,407|37,953|29,168|
|At 31 August 2021|1,513,126|359,811|545,305|
|Net Book Value||||
|At 31 August 2021|2,477,770|287,529|203,839|
|At 31 August 2020|2,526,175|217,442|65,674|
|||Computer||
|||Equipment
f|Total|
|Cost||||
|At 1 September 2020||496,244|5,579,249|
|Additions||54,046|358,421|
|At 31 August 2021||550,290|5,937,670|
|Depreciation||||
|At 1 September 2020||432,491|2,706,205|
|Charge for the year||48,363|192,891|
|At 31 August 2021||480,854|2,899,096|
|Net Book Value||||
|At 31 August 2021||69,436|3,038,574|
|At 31 August 2020||63,753|2,873,044|
##
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|FOR|THE|YEAR ENDED|31AUGUST||2021|||
|---|---|---|---|---|---|---|---|
|Note|9|DEBTORS||||||
|||||||2021|2020|
|||Fees receivable||||88,834|101,055|
|||Prepayments|and accrued||income|33,330|39,642|
|||||||122,164|140,697|
|Note|10|CREDITORS:|AMOUNTS||FALLING DUE|||
|||WITHIN ONE|YEAR|||||
|||||||2021|2020|
|||Fees in advance and Deposits||||964,908|820,690|
|||Trade creditors||||117,551|67,916|
|||Accruals||||12,687|22,984|
|||Other creditors||||2,880|1,716|
|||||||1,098,026|913,306|
|Note|11|CREDITORS:|AMOUNTS|FALLING DUE||||
|||AFTER MORE THAN ONE|||YEAR|||
|||||||2021|2020|
|||||||E|E|
|||Deposits||||209,070|171,900|
|||||||209,070|171,900|
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|ANALYSIS|OF NET AS|SETS BETWEEN FUND|S|||
|---|---|---|---|---|---|
|||Tangible|Net current|Long-term|Total|
|||fixed assets|assets|creditors|2021|
||||f|||
|General funds||3,038,574|870,649|(209,070)|3,700,153|
|Designated|funds||1,378,000||1,378,000|
|Total funds||3,038,574|2,248,649|||
##
|ANALYSIS|OF NET AS|SETS BETWEEN FUND|S - PRIOR YEAR|||
|---|---|---|---|---|---|
|||Tangible|Net current|Long-term|Total|
|||fixed assets|assets|creditors|2020|
|General funds||2,873,044|1,089,344|(171,900)|3,790,488|
|Designated|funds||1,098,000||1,098,000|
|Total funds||2,873,044||||
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