2020-08-31-accounts

Directors
		C Lister (Chair)
		D Dolce
		Dr SJordache
		A Tivey
		C Tolman
		0Abel Smith
		SBaldock
Senior Officers
Headmaster		CWilson
Deputy Headmaster		G Taylor
Director of	Studies	TDawes
Deputy Head of Pastoral		G Erskine-Naylor
Bursar		D Gardner
Company	secretary	D Gardner
Company	number	01090034
Registered	charity number	311061
Registered	office and
business address		Lockers Park Lane
		Hemel Hempstead
		Hertfordshire
		HP1 1TL
Auditors		Mercer 8 Hole
		Chartered Accountants
		72 London Road
		St.Albans
		Herffordshire
		AL1 1NS
Banker		HSBC Bank Plc
		Howardsgate
		Welwyn Garden	City
		Hertfordshire
		AL8 6BH

				2020	2019
	Notes	Unrestricted	Restricted	Total	Total
		E		E
Income:
Donations and legacies Income from charitable		75,000	1,000	76,000	255,000
activities:
Fees receivable Other income Interest income		2,608,069 254,591 33		2,608,069 254,591 33	2,785,599 34,928 4816
Total Income		2 937 693	1 000	2938693	3 080 343
Expenditure
Cost ofRaising Funds:
Marketing Expenditure on		82,661		82,661	51,249
Charitable Activities:
Educational Catering		1,513,010 207,115		1,513,010 207,115	1,464,869 228,282
Housekeeping		148,816		148,816	145,198
Establishment		340,968		340,968	362,470
Administration		262,470		262,470	282,626
Financial Depreciation		2,911 228 451		2,911 228 451	1,785 208 054
Total Expenditure		2 786402		2786402	2744533
Net Income/(Expenditure)		151,291		151,291	355,810
Transfers between funds		1,000	(1,000)
Net movement in Funds for the year		152,291		151,291	355,810
Reconciliation of Funds
Balance Brought Forward
At 1 September 2019	'15	~2819 2		~21982	24~401+
Salance Carried Forward At 31August 2020		2 7212		~2972 12	2~19~22

			2020	2019
		Notes
Fixed Assets
Tangible Assets		9	2,141,789	2,305„567
Current Assets
Stocks			8,032	7,475
Debtors		10	497,564	549,533
Cash At Bank And	In Hand		1 335781	1 163099
			1,841,377	1,720,107
Liabilities
Creditors: Amounts	Falling
Due Within One Year		11	~1011046	1 205 845
Net Current
Assets/(Liabilities)			830 331			514262
Total Assets Less	Current		2 972 120	2	819829
Liabilities
Net Assets			2 972 120	2		19 29
The Funds Of The	Charity
Unrestricted Funds
Revenue Account		12	2,607,620	2,513,829
Designated Funds		12	364 500		306000
Total Charity Funds		15	~272 120	2	8~1l~2

		Note	2020	2019
Cash generated by Operating Activities		A	234,401	587,626
Cash flows from Investing Activities
Interest Income Finance costs Payments to acquire tangible assets			4,865 (2,911) ~64672	4,816 (1,785) ~79834
Cash used in Investing Activities			~62 718	7680
Net cash used in Financing Activities
Change in cash and cash equivalents the year	in		172,682	510,823
Cash and cash equivalents at the beginning ofthe year			1,163,099	652,276
Total cash and cash equivalents at the ofthe year	end		~135781	~11630 9

A. Reconciliation activities	ofnet movements	in funds to net cash flow from operating	in funds to net cash flow from operating
		2020	2019
Net movement in funds Non-operating cash flows eliminated:		151,291	335,810
Financing costs Depreciation Interest income (Increase)/Decrease in (Increase)/Decrease in Increase/(Decrease) in	stock Debtors Creditors	2,911 228,451 (4,865) (557) 51,969 ~194799	1,785 208,054 (4,816) 2,956 25,512 18325
Net cash generated by	operating activities	~24 401	~587 62

				2020	2019
		Unrestricted	Restricted	Total	Total
		E	F	E
Rents	and Lettings	3,477		3,477	22,893
Sundry	Income	251 114		251 114	11035
		~24 591		254 591	34~92

						2020	2019
						E
Wages and			Salaries			1,568,051	1,534,873
Social Security Costs						145,577	145,148
Teachers'		Pension Scheme Costs (note 19)				178,287	155,335
Defined	Contribution			Pension Costs (note 19)		17900	19135
						1~515	~14491
The average			number of	employees	of Lockers Park	during the year was as follows:
						2020	2019
Staff						79	85
Full time	equivalents
Teaching						25	25
Other						24	26
						49	51

ated after	charging:
			2020	2019
				F
Auditors	Remuneration	for Audit Services	6,900	6,580
Auditors	Remuneration	for Other Services
Indemnity	Insurance		256	743
Depreciation on Fixed		Assets	228,451	208,054
Operating	Lease Rentals		2 881	~432

	Staff Costs	Other	Total
			E
Raising Funds:
Marketing		82,661	82,661
Charitable Activities:
Educational	1,385,065	127,945	1,513,010
Catering	131,001	76,114	207,115
Housekeeping	133,584	15,232	148,816
Establishment	88,158	252,810	340,968
Administration	175,082	87,388	262,470
Financial		2,911	2,911
Depreciation		228 451	228 451
	1912~94	873512	~27 402

					Estate	Estate	Leasehold	Leasehold
				Freehold			~Pro ert		Furniture
						~4/4				Motor
					S~hare				~Eui ment	Vehicles	Total
Cost						E			E	6
At 1	September
2019 Additions Disposals								4,266,367 20,613	951,178 44,060	50,647	5,368,192 64,673
At 31 August 2020					100000			4286 980	995238	50647	5432 865
At 1	September
2019 Charge in Year Disposals								2,274,695 129,299	739,983 98,252	47,947 900	3,062,625 228,451
At 31 August 2020								2403 994	838235	48 847	3291 076
Net Book Value
At 31 August 2020 At 1 September					&19.GK			1M2 966	~157 3		~2141 7
2019
					~100	00		1991~72	~211 19	2 700	2~355~7
	All assets		are held for		use	on direct charitable activities.
	10.	DEBTORS
									2020	2019
										E
			Trade Debtors Other Debtors Prepayments						442,963 48,416 6 185	537,447 2,312 9774
	11.	CREDITORS							4~764	549534
									2020	2019
			Amounts	falling		due within		one year
			Fees Charged Other Creditors Accruals			in Advance			867,470 116,471 27 105	1,074,373 107,307 24 165
									~1011 4	1 217584+

		Balance					Balance
		~Broo ht					Carried
							Forward
						E
Revenue account Designated Funds		2,513,829 306 000 2519522	2,879,193 58500 ~2937 3		(2,786,402) ~27 6402	1,000 ~10	2,607,620 364500 2~72 120

		2020	2019
		E	'E
Net Income		152,291	335,810
Opening	Funds	2819829	2 484 019
Closing	Funds	2 972 120	2JL1rt 8%2

	Land and	Buildin s		Other
	2020	2019	2020		2019
					E
Expiry date:
Less than one year Between two and five years	61,360 245,439	61,025 244,100	2,881 210		4,261 1,691
After five years	~490 87	~54 226