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2020-07-31-accounts

Council	Members	Members	SCook
			S Henderson	(Appointed	27 July 2020)
			A Marcuson	(Appointed	27 July 2020)
			E Brownlee	(Appointed	27 July 2020)
Charity	number		311027
Company		number	395056
Registered		office	Langley Hill Herffords
			Kings Langley
			hir
			WD4 9HG
Auditor			Knill James LLP
			One Bell Lane
			Lewes
			East Sussex
			BN7 1JU
Solicitors			Stone King
			13Queen Square
			Bath
			England
			BA1 2HJ

			Page
Council Members' report			1-8
Statement of Council	Members'	responsibilities
Independent auditor's	report
Statement offinancial	activities
Balance sheet			14
Statement ofcash flows			15
Notes to the financial	statements		16-28

				Unrestricted	Restricted	Total	Total
				funds	funds	2020	2019
			Notes		Z
In m n	n n f	m.
Donations and fundraising Charitable activities Rental income & investments Gain on disposal of property				38,52? 160,113 1,416,126		38,527 160,113 1,416,126	8,691 51,089 114,911 1,Q39,498
Total income	and endowments			1,614,766		1,614,766	1,214,189
'll '
Charitable activities				833,954	2,283	836,237	2,259,566
Net gaini(loss)	on investments			122		122	740
Defined benefit	pension scheme deficit			(5,000)		(5,QQO)	(732,936)
Net movement	in funds			775,934	(2,283)	773,651	(1,777,573)
Fund balances	at 1August 2019			(1,768,903)	100,553	(1,668,350)	109,223
Fund balances	at 31July 2020			(992,969)	98,270	(894,699)	(1,668,350)

					2020		2019
			Notes			F
Fixed assets
Tangible assets Investments			11 12		1,141,480 10,208		1 382 925 10,086
					1,151,688		1,393,011
Current assets
Debtors Cash at bank and in	hand		13	47,111 88,071		94,249 21,330
Creditors: amounts	falling due within		15	135,182		115,579
one year				(291,569)		(1,291,940)
Net current liabilities					(156,387)		(1,176,361)
Total assets less current		liabilities			995,301		216,650
Provisions for liabilities			16		(1,890,000)		(1,885,000)
Net liabilities					(894,699)		(1,668,350)
Income funds
Restricted funds Unrestricted funds - general					98,270 (992,969)		100,553 (1,768,903)
					(894,699)		(1,668,350)

		2020	2019
	Notes	f.
Cash flows from operating activities
Cash absorbed by operations	23	(593,605)	(1,854,784)
Investing activities
Purchase oftangible fixed assets Proceeds on disposal oftangible fixed			(1,300)
assets Rental income and interest received		1,450,233 160,113	1,064,766 114,384
Net cash generated from investing activities		1,610,346	1,177,850
Financing activities
New loans /repayment of loans		(950,000)	200,000
Net cash (used in)/generated from
financing activities		(950,000)	200,000
Net increase/(decrease) in cash and	cash
equivalents		66,741	(476,934)
Cash and cash equivalents at beginning	ofyear	21,330	498,264
Cash and cash equivalents at end of	year	88,071	21,330

4	Charitable activities
			School fees	Classroom	Other	Total	Total
				income	income	2020	2019
	Income within charitable	activities					51,089
	Analysis by fund
	For the year ended 31	July 2019
	Unrestricted funds - general Restricted funds		41,651	2,336	7,102		48,753 2,336
			41,651	2,336	7,102		51,089
5	Rental income 8 investments

		Total	Total
		2020	2019
Rental	income	160,113	114,309
Interest	receivable		602
		160,113	114,911

	Investment income is unrestricted.
6	Gain on disposal ofproperty

							Unrestricted	Unrestricted
							funds	funds
							general	general
							2020	2019
							E	E
Net	gain	on	disposal	oftangible	fixed	assets	1,416,126	1,039,498

Charitable activities	Charitable activities
		Education	Property	Administration	Total	Total
		costs	costs	costs	2020	2019
						E
Staff costs Depreciation and impairment School supplies Transport Examinations Staff development Maintenance ofgrounds Rent and rates Insurance Light and heat Cleaning Printing, stationery and advertising Subscriptions, telephone and		100,384 207,338 2,283 94	5,392 2,215 5,595 3,783	20,073	100,384 207,338 2,283 94 5,392 2,215 5,595 3,783 20,073	60?,829 67,685 817 2,881 873 372,408 35,012 50,262 31,453 60,7?7 23,657 24,095
computer Sundry expenses Loss on disposal of	fixed assets			9,281 1,761	9,281 1,761	13,257 2,580 (715)
Share ofsupport costs (see note 8) Share ofgovernance costs (see note		310,099 234,668	16,985	31,115	358,199 234,668	1,292,871 412,820
8)				243,370	243,370	553,8?5
		544,767	16,985	274,485	836,237	2,259,566
Analysis by fund
Unrestricted funds - Restricted funds	general	542,484 2,283	16,985	274,485	833,954 2,283
		544,767	16,985	274,485	836,237
Forthe year ended	31July 2019
Unrestricted funds -	general	1,465,313	201,161	593,092		2,259,566
		1,465,313	201,161	593,092		2,259,566

Support costs
	Support	Governance	2020	2019
	costs	costs
Staff costs Bad debt write off Bank charges and interest Legal and professional Loan interest Agency support staff	8,720 136,467 7,116 14,951 67,414		8,720 136,467 7,116 14,951 67,414	64,308 113,501 14,537 60,313 138,296 21,865
Audit fees Legal and professional Trustee expenses		10,200 233,170	10,200 233,170	13,590 536,63Q 3,655
	234,668	243,370	478,038	966,695
Analysed to:
Charitable activities	234,668	243,370	478,Q38	966,695

The average	monthly	number ofemployees	during	the year was:
					2020	2019
					Number	Number
Administration	8 Support (for2 months)
Employment	costs				2020	2019
Wages and salaries Other pension costs					8,545 100,559	547,111 125,026
					109,104	672,13?

Tangible	fixed asse	ts
			Freehold	Furniture &	Equipment	Motor	Total
			property	fittings	&computer	vehicles
Cost				E		f
At 1 August 2019 Disposals			1,512,292 (44,858)	626,542	149,799 (1,124)	21,243	2,309,876 (45,982)
At 31 July	2020		1,467,434	626,542	148,675	21,243	2,263,894
Depreciation and impairment
At 1 August 2019 Depreciation charged Eliminated in respect		in the year ofdisposals	323,374 74,180 (11,383)	440,080 128,814 -	145,205 1,662 (492)	18,292 2,682 -	926,951 207,338 (11,875)
At 31 July	2020		386,171	568,894	146,375	20,974	1,122,414
Carrying	amount
At 31 July	2020		1,081,263	5?,648	2,300	269	1,141,480
At 31 July	2019		1,188,918	186,462	4,594	2,951	1,382,925

	Unlisted
	investments
	E
Cost or valuation
At 31 July 2020	10,086
Valuation changes	122
At 31 July 2020	10,208
Carrying amount
At 31 July 2020	10,208
At 31 July 2019	10,086


13	Debtors
			2020	2019
	Amounts falling due within one year:			E
	Trade debtors		37,559	63,540
	Other debtors		7,784	18,232
	Prepayments	and accrued income	1,768	12,477
			47,111	94,249
14	Loans and overdrafts
			2020	2019
			E	E
	Other loans			950,000
	Payable within	one year		950,000


15	Creditors: amounts falling	due within one year
			2020	2019
	Loans Other taxation and social security Trade creditors Other creditors Accruals		(791) 42,320 250,040	950,000 25,549 452 48,53'7 267,402
			291,569	1,291,940
17	Provisions for liabilities		2020	2019
	Retirement benefit obligations	(note 18)	1,890,000	1,885,000
			1,890,000	1,885,000

			Movement	in funds
		Balance at 1	Income	Expense	Balance at 31
		August 2019			July 2020
			f.
Bursary fund Classroom funds K i Concert fund Hockey Club Teacher wish list		63,250 30,949 2,877 1,352 500		(2,283)	63,250 28,666 2,877 1,352 500
Music department	legacy	1,625			1,625
		100,553		(2,283)	98,270

Analysis ofnet assets between funds
	Unrestricted	Restricted	Total	Total
	funds	funds
	2020	2020	2020	2019
Fund balances at 31 July 2020 are
represented by:
Tangible assets Investments Current assets/{liabilities) Provisions and pensions	1,141,480 10,208 (254,657) (1,890,000)	98,270	1,141,480 10,208 (156,387) (1,890,000)	1,382,925 10,086 (1,176,361) {1,885,000)
	(992,969)	98,270	(894,699)	(1,668,350)

		2020	2019
Aggregate	compensation		234,325

23	Cash generated from operations	Cash generated from operations		2020	2019
	Surplus/(deficit) for the year			773,651	(1,777,573)
	Adjustments for:
	Dividends interest and rents Gain on disposal oftangible Fair value gains and losses Depreciation and impairment	from investment fixed assets on investments oftangible fixed assets		(160,113) (1,416,126) (122) 207,338	(114,911) (1,040,213) (740) 67,685
	Movements in working capital:
	Decrease in debtors (Decrease)/increase in creditors Increase in provisions			47,138 (50,371) 5,000	175,185 102,847 732,936
	Cash absorbed by operations			(593,605)	(1,854,784)
24	Analysis ofchanges in net	funds/(debt)
			At 1August 2019	Cash flows	At 31July 2020
	Cash at bank and in hand		2'l,330	66,741	88,071
	Loans falling due within one	year	(950,000)	950,000
			(928,670)	1,016,741	88,071