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