2020-08-31-accounts

				Conterds
Reference	and Administrative		Details
Report ofthe Governors					2to12
Statement	ofTrustees'	Responsibilities			13
Independent	Auditors'	Report			14to 16
Statement	of Financial	Activities			17to 18
Balance Sheet					19
Statement	ofCash Flows				20
Notes to the Financial		Statements			21 to 35

Governor		4	5	6
TG Henderson
A M Appelboam-Meadows	X	X
C P Bennie
M R Bryan
BP H Charles
K L Davies
R P Green
D Livsey
S Miller
M G Milliken-Smith
S M Perrett		X
A R H Thomas
M FToms
R Ward
M Whitby

ere 51 le	avers in July 20	20 who went on to 24 different senior s	chools, including	8with scholarships.
		Senior Schools scholarshi	s in bold
Benenden		Frensham Heights	Royal Grammar School Guildford
Bohunt		Hurstpierpoint College	Seaford College
Bradfield	College	King Edwards School Witley	StCatherine's
Bryanston		Lord Wandsworth College	St Edmunds
Canford		Millfield	StSwithun's
Charterhouse		Our Lady ofSion Worthing	Tormead
Churcher's	College	Prior's Field School	Winchester	College
Dunhurst		Portsmouth Grammar School	Windermere	School

				Unrestricted	Restricted	Total
			Note	funds	funds	2020f
Income and Endowments		from:
Donations and legacies				4,888	3,784	8,672
Charitable activities				4,525,895		4,525,895
Investment income				2,754		2,754
Other income				29,084		29,084
Total Income				4,562,621	3,784	4,566,405
Expenditure on:
Charitable activities				4,420,247	4,188	4,424,435
Total Expenditure				4,420,247	4,188	4,424,435
Net income/(expenditure)				142,374	404	141,970
Net movement in funds				142,374	(404)	141,970
Reconciliation offunds
Total funds brought	forward			4,687,074	162,479	4,849,553
Total funds carried	forward		21	4,829,448	162,075	4,991,523
				Unrestricted	Restricted	Total
			Note	funds	funds	2019 f
Income and Endowments		from:
Donations and legacies					1,456	1,456
Charitable activities				4,721,664		4,721,664
Investment income				2,933		2,933
Other income				39,470		39,470
Total Income				4,764,067	1,456	4,765,523
Expenditure on:
Charitable activities				4,364,864	4,291	4,369,155
Total Expenditure				4,364,864	4,291	4,369,155
Net income/(expenditure)				399,203	2,835	396,368
Net movement in funds				399,203	(2,835)	396,368
Reconciliation of	funds
Total funds brought	forward			4,287,871	165,314	4,453,185
Total funds carried	forward		21	4,687,074	162,479	4,849,553

			Amesbury School Trust	Limited
			fRNjtStAiMw-'renumber:	984771)
			Balance Sheet as at 31August 2020
					2020	2019
				Note	E
Fixed assets
Intangible assets				10	5,307	13,268
Tangible assets				11	5,884,566	6,031,046
Investments				12	2	2
					5,889,875	6,044,316
Current assets
Stocks				13	9,855	23,803
Debtors				14	124,814	197,396
Cash at bank and	in hand				840,369	601,041
					975,038	822,240
Creditors: Amounts		falling	due within one year	15	1,243,931	1,233,514
Net current liabilities					268,893	411,274
Total assets less	current liabilities				5,620,982	5,633,042
Creditors: Amounts		falling	due after more than one year	16	629,459	783,489
Net assets					4,991,523	4,849,553
Funds ofthe charity:
Restricted income funds
Restricted funds					162,075	162,479
Unrestricted income		funds
Unrestricted funds					4,829,448	4,687,074
Total funds				21	4,991,523	4,849,553

Statement of	Cash Flows	%	& ihe'VeaFt	Ewaed 3	1August 202	0
					2020	2019
				Note	F
Cash flows from operating activities
Net cash income					141,970	396,366
Adjustments to cash flows from non-cash		items
Depreciation					228,938	220,761
Amortisation					7,961	7,961
Investment income					2,754	2,933
					376,115	622,155
Working capital adjustments
Decrease/(increase) in stocks				13	13,948	(9,177)
Decrease/(increase) in debtors				14	72,582	(9,701)
Decrease in creditors				158 16	111,565	256,655
Net. cash flows from operating	activities				351,080	346,622
Cash flows from investing activities
Interest receivable and similar	income			4	2,754	2,933
Purchase oftangible fixed assets				11	(82,458)	(379,227)
Sale oftangible fixed assets						5,935
Net cash flows from investing	activities				(79,704)	(370,359)
Cash flows from financing activities
Repayment of loans and borrowings				15& 16	32,048	32,814
Net increase/(decrease) in cash and cash equivalents					239,328	(56,551)
Cash and cash equivalents at	1 September	2019			601,041	657,592
Cash and cash equivalents at	31 August 2020				840,369	601,041
Reconciliation of net cash flow to movement			in net funds
Increase/(decrease) in cash in	the period				239,328	(56,551)
(Increase)/decrease in debt					32,048	33,583
Change in net funds/(debt) resulting from cash			flows		271,376	(22,968)
Net funds at 1 September 2019					167,422	190,390
Net funds at 31 August 2020					438,798	167,422

2 Income	from don	ations and legacies
			Total		Total
			2020		2019
					E
Donations
Unrestricted	funds			4,888
Donations	—restricted	funds		3,784		1,456
				8,672		1,456

					Unrestricted
					funds
						Total	Total
					General	2020	2019
						F
Pupil fees					5,205,806	5,205,806	5,072,760
Scholarships			and discounts		679,911	679,911	351,096
					4,525,895	4,525,895	4,721,664
4	Investment		income
						Total	Total
						2020	2019
Unrestricted			funds
Interest		receivable		on bank deposits		2,754	2,933
5	Other income
						Total	Total
						2020	2019
						K	E
Unrestricted			funds
Sundry		income				29,084	39,470

					Unrestricted	funds
							Total	Total
					Designated	General	2020	2019
						K
Teaching	costs					2,959,424	2,959,424	2,822,350
Educational		expenses				191,990	191,990	244,941
Staff recruitment			8 training			52,124	52,124	51,785
Catering	& household			expenses		358,169	358,169	424,235
Establishment		expenses				354,224	354,224	400,717
Administration		&	support costs			342,544	342,544	329,098
Finance	costs					22,342	22,342	17,939
Bursaries					61,232		61,232	33,792
Governance		costs				82,386	82,386	44,298
					61,232	4,363,203	4,424,435	4,369,155

Net income	for the year	is after charging:
			2020	2019
				E
Operating	leases		18,016	14,341
Audit fees			13,760	12,363
Other services provided		by auditors	11,337	8,851
Depreciation/amortisation		offixed assets	236,899	228,724

9 Staff costs The aggregate payroll costs were as follows:
	2020	2019
		F
Wages and salaries	2,303,646	2,333,391
Social security costs	237,104	224,133
Pension costs	418,219	264,826
Cleaning salaries	94,752	115,909
Catering salaries	102,921	120,375
After school salaries	5,706	5,681
Total salaries	3,162,348	3,064,315

during the yea	r exp	ressed as full time equivalents w	as as follows:
			2020		2019
			No		No
Education				60		56
Administration	and	domestic		30		29
				90		85

s was:
2020	2019
No	No

10Intangible fixed assets
				Website	Total
Cost
At 1 September 2019				31,844	31,844
At 31 August 2020				31,844	31,844
Amortisation
At 1 September 2019				18,576	18,576
Charge for the year				7,961	7,961
At 31 August 2020				26,537	26,537
Net book value
At 31 August 2020				5,307	5,307
At 31 August 2019				13,268	13,268
11Tangible fixed assets
	Land and	Furniture	and
	buildings	equipment		Motor vehicles	Total
					E
Cost
At 1 September 2019	6,728,195	1,046,620		19,323	7,794,138
Additions	4,235		78,223		82,458
Disposals		45,912			45,912
At 31 August. 2020	6,732,430	1,078,931		19,323	7,830,684
Depreciation
At 1 September 2019	1,253,947	494,502		14,643	1,763,092
Charge for the year	123,349	104,419		1,170	228,938
Eliminated on disposals		45,912			45,912
At 31August 2020	1,377,296	553,009		15,813	1,946,118
Net book value
At 31 August 2020	5,355,134	525,922		3,510	5,884,566
At 31 August 2019	5,474,248	552,118		4,680	6,031,046

Subsidiary
undertakings	Total

						Proportion ofvoting	Proportion ofvoting	Proportion ofvoting
		Country	of			rights	and shares	Principal
Undertaking		incorporation		Holding		held		activity
							2020	2019
Amesbury	Enterprises	England	and Wales	Ordinary	Shares off1 each		100%	100%The company
Limited								is dormant
13Stock
							2020	2019
Stocks							9,855	23,803

14Debtors
	2020	2019
Trade debtors	42,719	88,743
Prepayments	55,359	60,477
Other debtors	26,736	48,176
	124,814	197,396

15Creditors:	amounts falling due within one year
		2020	2019
Bank loans		38,600	34,629
Trade creditors		43,735	71,384
Other taxation	and social security	85,186	78,749
Other creditors		188,943	187,866
Fee deposits		25,400	18,900
Deferred income		862,067	841,986
		1,243,931	1,233,514

16Creditors: amounts falling due after one	year
	2020	2019
Bank loans	362,971	398,990
Fee deposits	112,200	127,100
Deferred income	154,288	257,399
	629,459	783,489

	2020f		2019
Other
Within one year		6,005	12,011
Between one and five years			6,005
		6,005	18,016

21 Funds
					Balance at 1				Balance at
					September	Incoming	Resources		31August
					2019	resources	expended	Transfers	2020
Unrestricted funds
General
Accumulated fund					4,242,507	198,718		(50,000)	4,391,225
Designated
Capital and revaluation		reserves			309,164				309,164
Amesbury Foundation		fund			135,403	4,888	61,232	50,000	129,059
					444,567	4,888	61,232	50,000	438,223
Total Unrestricted	funds				4,687,074	203,606	61,232		4,829,448
Restricted funds
1991Appeal					42,447		(1,414)		41,033
Drama Centre					18,111		(532)		17,579
Millennium appeal -	sports		hall		20,835		(694)		20,141
Sundial					4,501		(120)		4,381
Resource centre and Luytens				roof	340		(10)		330
Amesbury Trust fund					15,456	3,325			18,781
Eco pond					2,732		(63)		2,669
Art block					36,800		(800)		36,000
Friends ofAmesbury					1,988		(43)		1,945
Shillingford liff					18,964		(395)		18,569
FOA Drone						459	(46)		413
Year 8 Leavers 2017benches					305		71		234
Total restricted funds					162,479	3,784	4,188		162,075
Total funds					4,849,553	207,390	65,420		- 4,991,523

						Balance at 1				Balance at
						September	Incoming	Resources		31August
						2018	resources	expended	Transfers	2019
								K
Unrestricted	funds
General
Accumulated	fund					3,854,229	438,278		(50,000)	4,242,507
Designated
Capital and	revaluation		reserves			309,164				309,164
Amesbury Foundation			Fund			124,478		39,075	50,000	135,403
						433,642		39,075	50,000	444,567
Total unrestricted		funds				4,287,871	438,278	39,075		4,687,074
Restricted	funds
1991Appeal						43,862		(1,415)		42,447
Drama Centre						18,643		(532)		18,111
Millennium	appeal -	sports		hall		21,529		(694)		20,835
Sundial						4,621		(120)		4,501
Resource centre and Luytens					roof	350		(10)		340
Ovens						150		(150)
Amesbury Trust fund						14,0OO	1,456			15,456
Eco pond						2,795		(63)		2,732
Art block						37,600		(800)		36,800
Friends ofAmesbury						2,031		(43)		1,988
Shillingford	lift					19,357		(393)		18,964
Year 8 Leavers 2017benches						376		71		305
Total restricted funds						165,314	1,456	4,291		162,479
Total funds						4,453,185	439,734	43,366		4,849,553

2020		Unrestricted	Designated	Restricted
		funds	funds	funds	Total
		E	E
Fixed assets		5,580,709	309,164		5,889,873
Fixed assets investments		2			2
Current assets		683,904	129,059	162,075	975,038
Current	liabilities	(1,243,931)			(1,243,931)
Creditors	due after one year	629,459			629,459
Total		4,391,225	438,223	162,075	4,991,523
2019		Unrestricted	Designated	Restricted
		funds	funds	funds	Total
					K
Fixed assets		5,735,150	309,164		6,044,314
Fixed assets investments		2			2
Current	assets	524,358	135,403	162,479	822,240
Current	liabilities	(1,233,514)			(1,233,514)
Creditors	due after one year	783,489			783,489
Total		4,242,507	444,567	162,479	4,849,553