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1 December 2021 



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**----- Start of picture text -----**<br>
27 January 2021<br>**----- End of picture text -----**<br>




## 

||Note|2021|**2021**|**2021**|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||Funds|Funds|Funds|Funds|
|||£|£|£|£|
|Income from:||||||
|Donations|2|9,389|10,727|20,116|13,740|
|Charitable activities|3|6,075,720||6,075.720|5,857,140|
|Turnover of subsidiary undertaking|4|1,264,316||1,264,316|1,139,621|
|Other income|**`5`**|**`193,722`**||**`193,722`**|**`313,362`**|
|Total Income||7,543,147|10,727|7,553.674|7,323,863|
|**Expenditure** on:||||||
|Raising funds|**`6`**|**`45,376`**||**`45,378`**|**`45,628`**|
|Coste of trading subsidiary|**`11`**|**`987;312`**||**`987,312`**|**`944,865`**|
|Charitable activities|7|5,577,599|32,651|5,610,250|5,723,738|
|Total Expenditure||6,610,289|32,651|6,642,940|6,714,231|
|Net lneome/(Expenditure)||**`932,858`**|**`(21,924)`**|**`910,934`**|**`609,632`**|
|Net movement In funds||**`932,858`**|**`(21,924)`**|**`910,934`**|**`609,632`**|
|Fund balances at 1st August||7,343,300|136,526|7,479,826|6,870,194|
|Fund balances at 31st July|17|6,276.158|114,602|8,390,760|7,479,826|





1 December 2021 



## 

||||**2021**|**2020**||
|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**|
|**Net** **Cash** **Inflow** **from**||||||
|**Operating** **Activities** **(notel)**|||**1,083,438**||**1,055,577**|
|**Cash** **flows** **from** **investing** **activities**||||||
|**Purchase** **of** **tengible** **fixed** **assets**|**(414,165)**|||**(134,699)**||
|**Disposal** **of** **tangible** **fixed** **assets**||||||
|**Net** **cash** **provided** **by/(used** **In)** **Investing** **activities**|||**(414,165)**||**(134,699)**|
|**Cash** **flows** **from** **financing** **activities**||||||
|**Cash** **inflows** **from** **new** **borrowing**||||||
|**Repayments** **of** **borrowing**|**(423,078)**|||**(423.076)**||
|**Net** **c£»h** **provided** **by/(u5ed** **in)** **financing** **activities**|||**(423,078)**||**(423.078)**|
|**Change** **in** **cash** **and** **cash** **equivalents** **in** **the** **reporting** **period**|||**246,195**||**497,600**|
|**Cash** **and** **cash** **equivalents** **at** **the** **beginning** **of** **the** **reporting** **period**|||**2.795.373**||**2,297,573**|
|**Cash** **and** **cash** **equivalents** **at** **the** **end** **of** **the** **reporting** **period**|||**3.041.566**||**2,795,373**|
|**Notes** **to**|**the** **Consolidated** **Statement** **of** **Cash** **Flows**|||||
||**For** **the** **year** **ended**|**31st** **July** **2021**||||
|**1** **Reconciliation** **of** **Net** **Income**||||||
|**to** **Net** **Cash** **Inflow** **from** **Operating** **Activities**|||**2021**||**2020**|
||||**£**||**£**|
|**Net** **income** **for** **the** **year**|||**`910,934`**||**`609.632`**|
|**Depreciation**|||**`361,397`**||**`353,026`**|
|**(lncrease)/Decrease** **in** **stock**|||**`1,712`**||**`(820)`**|
|**Decrea$e/(lncrease)** **in** **debtors,** **and** **prepayments** **-**|||**`(67,158)`**||**`156,664`**|
|**(Decrease)/lncrease** **in** **creditors,** **provisions**|||**`4,237`**||**`(94,111)`**|
|**(Decrease)/lncrea$e** **in** **fees** **In** **advance**|||**`(127.684)`**||**`31,186`**|
|**Net** **Cash** **Inflow** **from** **Operating** **Activities**|||**`1,083.438`**||**`1,055,577`**|
|**2** **Analysis** **of** **Cash** **and** **Cash** **Equivalents**||||**At** **31** **July** **At**|**1** **August**|
|||||**2021**|**2020**|
|||||**£**|**£**|
|**Cash** **at** **bank** **and** **in** **hand**||||**3,041.568**|**2.795.373**|
|||||**3,041,568**|**2,795,373**|





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|||**Unrestricted**|**Restricted**|**Total**|
|---|---|---|---|---|
||**Year** **to** **31** **July** **2021**|**Funds**|**Funds**|**2021**|
|||**£**|**£**|**£**|
||Donations|9,389|10727|**20,116**|
|||**9,389**|**10,727**|20,116|
|||**Unrestricted**|**Restricted**|**Total**|
||**Year** **to** **31** **July** **2020**|**Funds**|**Funds**|**2020**|
|||**£**|**£**|**£**|
||Donations|7,417|**6,323**|13,740|
|||7,417|**6,323**|13,740|
|**3**|**Income** **from** **Charitable** **activities**||||
|||**Unrestricted**|**Restricted**|**Total**|
||**Year** **to** **31** **July** **2021**|**Funds**|**Funds**|**2021**|
|||**£**|**£**|**£**|
||Gross Fees including disbursements charged|**6,350,001**||**6.350,001**|
||Bursaries and other fee remissions|(277,580)||(277.580)|
||Other pupil related income|3,300||3,300|
|||**6,075,720**||**6,075,720**|
|||**Unrestricted**|**ResUicted**|**Total**|
||**Year** **to** **31** **July** **2020**|**Funds**|**Funds**|**2020**|
|||**£**|**£**|**£**|
||Gross Fees Including disbumements charged|**6,137,736**||**6,137,736**|
||Bursaries and other fee remissions|(283,345)||(283,345)|
||Other pupil related income|2,750||2,750|
|||5,857,140||5,857,140|
|**4**|**Turnover** **from** **subsidiary** **undertakings**||||
|||**Unrestricted**|**Restricted**|**Total**|
||**Year** **to** **31** **July** **2021**|**Funds**|**Funds**|**2021**|
|||**£**|**£**|**£**|
||Turnover of subsidiary|**1,264,316**||**1,264,316**|
|||**1,264,316**||**1,264,316**|
|||**Unrestricted**|**Restricted**|**Total**|
||**Year** **to** **31** **July** **2020**|**Funds**|**Funds**|**2020**|
|||**£**|**£**|**£**|
||Turnover of subsidiary|**1,139,621**||**1,139,621**|
|||**1,139,621**||**1,139,621**|





## 

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|**5**|**Other** **Income**||||
|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Total**|
||**Year** **to** **31** **July** **2021**|**Funds**|**Funds**|**2021**|
|||**£**|**£**|**£**|
||**Rental** **and** **hire** **fees**|**`69.999`**||**`69,999`**|
||**CJRS** **Funding**|**`123.433`**||**`123.433`**|
||**Interest** **Receivable**|**`290`**||**`290`**|
|||**`193,722`**||**`193.722`**|
|||**Unrestricted**|**Restricted**|**Total**|
||**Year** **to** **31** **July** **2020**|**Funds**|**Funds**|**2020**|
|||**£**|**£**|**£**|
||**Rental** **and** **hire** **fees**|**`115.795`**||**`115,795`**|
||**CJRS** **Funding**|**`189,744`**||**`189.744`**|
||**Interest** **Receivable**|**`7.823`**||**`7,823`**|
|||**`313,362`**||**`313.362`**|



|**`6`**|**Expenditure** **on** **raising** **funds**||||
|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Total**|
||**Year** **to** **31** **July** **2021**|**Funds**|**Funds**|**2021**|
|||**£**|**£**|**£**|
||**Advertising** **and** **publldty** **costs**|**`45.378`**||**`45,378`**|
|||**`45.378`**||**`45,378`**|
|||**Unrestricted**|**Restricted**|**Total**|
||**Year** **to** **31** **July** **2020**|**Funds**|**Funds**|**2020**|
|||**£**|**£**|**£**|
||**Advertising** **and** **publicity** **costs**|**`45,628`**||**`45,628`**|
|||**`45,628`**||**`45,628`**|
|**7**|**Expenditure** **on** **charitable** **activities**||||
|||**Unrestricted**|**Restricted**|**Total**|
||**Year** **to** **31** **July** **2021**|**Funds**|**Funds**|**2021**|
|||**£**|**£**|**£**|
||**Staff** **costs** **-teaching**|**`2,961,331`**||**`2,961,331`**|
||**•** **administrative**|**`1,112,253`**||**`1,112,253`**|
||**Education** **and** **recreation**|**`177.372`**||**`177,372`**|
||**Domestic**|**`178,254`**||**`178,254`**|
||**Establishment** **costs**|**`254,638`**||**`254,636`**|
||**Depreciation**|**`326,746`**|**`32,651`**|**`361,397`**|
||**Composition** **fee** **discounts**|**`12,796`**||**`12,796`**|
||**Office** **costs**|**`141,322`**||**`141,322`**|
||**Maintenance** **of** **buildings,** **swmming** **pool** **and** **equipment**|**`208,677`**||**`208,677`**|
||**Administrative** **costs**|**`119,318`**||**`119,318`**|
||**Bad** **debt** **expense**|**`(18,763)`**||**`(18,763)`**|
||**Bank** **interest** **&** **charges**|**`64,703`**||**`84,703`**|
||**Loss** **on** **Disposal** **of** **fixed** **asset**||||
||**Governance** **costs** **(see** **below)**|**`16,952`**||**`16,952`**|
|||**`5,577,599`**|**`32,651`**|**`5,610,250`**|
|||||**`Page;`** **`16`**|





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||**Unrestricted**|**Restricted**|**Total**|
|---|---|---|---|
|**Year** **to** **31** **July** **2020**|**Funds**|**Funds**|**2020**|
||**£**|**£**|**£**|
|Staff costs -teaching|`2,861,125`||`2,881,125`|
|- administrative|`1,095,101`||`1,095,101`|
|Education and recreation|`262,688`||`262,686`|
|Domestic|`175,190`||`175,190`|
|Establishment costs|`270,941`||`270,941`|
|Depreciation|`321,395`|`31,631-`|`353,026`|
|Composition fee discounts|`19,423`||`19,423`|
|Office costs|`184,696`||`184,696`|
|Maintenance of buildings, swimming pool and equipment|`172,871`||`172,871`|
|Administrative costs - Restated|`131,825`|`7,658`|`139,683`|
|Bad debt expense|`36,970`||`36,970`|
|Bank interest & charges|`118,425`||`118,425`|
|Loss on Disposal of fixed asset||||
|Governance costs (see below) - Restated|`13,599`||`13.599`|
||`5,664,249`|`39.489`|`5.723.738`|



## 

|**Governance** **costs**||||
|---|---|---|---|
||**Unrestricted** **Restricted**||**Total**|
|**Year** **to** **31** **July** **2021**|**Funds**|**Funds**|**2021**|
||**.** **£** **.**|**£**|**£**|
|Auditors’ remuneration:||||
|Audit fee including VAT|`11,460`||`11,460`|
|Under/(over) provision from prior year|`460`||`460`|
|Other services|`2,958`||`2,958`|
|Other professional fees|`2,074`||`2,074`|
||16,952||16,952|
||**Unrestricted** **Restricted**||**Total**|
|**Year** **to** **31** **July** **2020**|**Funds**|**Funds**|**2020**|
|Restated|**£**|**£**|**£**|
|Auditors' remuneration:||||
|Audit fee including VAT|10,700||10,700|
|Under/(over) provision from prior year|555||555|
|Other services|1,272||1,272|
|Other professional fees|1,072||1,072|
||`13,599`||`13.599`|





## 

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|||||
|---|---|---|---|
|**8**|**Net** **income**|**2021**|**2020**|
|||**£**|**£**|
||**This** **is** **stated** **after** **charging:**|||
||**Auditors'** **remuneration** **(excluding** **VAT)**|**9.933**|**9,379**|
||**Depreciation**|**361,397**|**353,026**|
|**9**|**Staff** **costs** **(Group)**|**2021**|**2020**|
|||**£**|**£**|
||**Wages** **and** **salaries**|`3,932.086`|`3,867,605`|
||**Social** **security** **costs**|`367,040`|`343,082`|
||**Other** **pension** **costs**|`532,422`|`507,258`|
||**Termination** **Payments**||`19,570`|
|||`4,831.548`|`4,737,715`|



|**Charity**|**2021**|**2020**|
|---|---|---|
||**Actual**|**Actual**|
|**The** **average** **monthly** **number** **of** **employees** **during** **the** **year** **was:**|||
|**Teaching** **and** **learning** **support**|**71**|**71**|
|**Administration**|**56**|**56**|
||**127**|**127**|
|**Group**|**2021**|**2020**|
||**Actual**|**Actual**|
|**The** **average** **monthly** **number** **of** **employees** **during** **the** **year** **was:**|||
|**Teaching** **and** **learning** **support**|**100**|**99**|
|**Administration**|**62**|**61**|
||**162**|**160**|



||**Number** **of**|**Employees**|
|---|---|---|
|**Remuneration** **Range**|**2021**|**2020**|
|**£60,001** **-** **£70,000**|**2**|**2**|
|**£80,001** **-** **£90,000**|**1**|**1**|
|**£100,001** **-£110,000**|**1**|**1**|





## 

|**10**|**Fixed** **Assets**|**Freehold**||**Equipment,**||**Assets**|||
|---|---|---|---|---|---|---|---|---|
||**Group** **and** **company**|**Land** **and**|**Swimming**|**Furniture**|**Motor**|**Under**|||
|||**Buildings**|**Pool**|**and** **Fittings**|**Vehicles**|**Construction**||**Total**|
||**Cost**|**£**|**£**|**£**|**£**|**£**||**£**|
||**At** **1st** **August** **2020**|**12,044,453**|**253,028**|**2,122,158**|**8,450**|**47,556**||**14,475.645**|
||**Addilions** **at** **cost**|**105,905**||**187,563**||**120,667**||**414,165**|
||**Correction**|||**4,804**||||**4,804**|
||**Disposals** **at** **cost**||||||||
||**Adjustment**||||||||
||**At** **31st** **July** **2021**|**12,150,358**|**253,028**|**2,314,525**|**8,450**|**168,253**|**■**|**14,894,614**|
||**Deproclation**||||||||
||**At** **1st** **August** **2020**|**`3,060,799`**|**`188,361`**|**`1,716,982`**|**`8,450`**|||**`4.974,592`**|
||**Charge** **for** **the** **year**|**`249,055`**|**`12,369`**|**`99,953`**||||**`361,397`**|
||**Correction**|||**`4,604`**||||**`4,804`**|
||**Depredation** **on** **Disposal**||||||||
||**At** **31st** **July** **2021**|**3,309.654**|**200,750**|**1,821.739**|**8,450**|||**5,340,793**|
||**Not** **Book** **Amount**||||||||
||**At** **31st** **July** **2021**|**`8,640.504`**|**`52,276`**|**`492,766`**||**`168,253`**||**`9.553.621`**|
||**At31StJuly** **2020**|**8.983.654**|**64.667**|**405,176**||||**9.501.053**|



## 




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|**14**|**Creditors:** **Amounts** **falling** **due** **within** **one** **year**|**Group**||**Charity**||
|---|---|---|---|---|---|
|||**2021**|**2020**|**2021**|**2020**|
|||**£**|**£**|**£**|**£**|
||**Bank** **loan**|**`423,078`**|**`423,078`**|**`423,078`**|**`423.078`**|
||**Fees** **In** **advance** **(note** **16)**|**`513,349`**|**`559,910`**|**`438,549`**|**`506,310`**|
||**Trade** **creditors**|**`179,603`**|**`212,183`**|**`166,613`**|**`206,455`**|
||**Accruals** **and** **deferred** **income**|**`264,366`**|**`247,549`**|**`229,900`**|**`204,956`**|
|||**`1,400,396`**|**`1,442,720`**|**`1,258,140`**|**`1,340,799`**|
|**15**|**Creditors:** **Amounts** **falling** **due** **after** **more** **than**|**`Group`**||**`Charity`**||
||**one** **year**|**`2021`**|**`2020`**|**`2021`**|**`2020`**|
||||**`£`**|**`£`**|**`£`**|
||**Long** **term** **bank** **loan**|**`2,516,610`**|**`2,941,688`**|**`2,516,610`**|**`2,941.688`**|
||**Fees** **in** **advance** **(note** **16)**|**`466,521`**|**`549,644`**|**`466,521`**|**`549,644`**|
|||**`2,987,131`**|**`3,491,332`**|**`2,987,131`**|**`3,491,332`**|



|**16**|**Fees** **in** **Advance**|**Composition**|**Disbursement**|**Total**|**Total**|
|---|---|---|---|---|---|
|||**Fees**|**Deposits**|**2021**|**2020**|
||**Net** **amounts** **repayable:**|**£**|**£**|**£**|**£**|
||**in** **less** **than** **one** **year**|**`397,299`**|**`41,250`**|**`438,549`**|**`506.310`**|
||**in** **one** **to** **two** **years**|**`215,587`**|**`19,350`**|**`234,937`**|**`269,732`**|
||**in** **two** **to** **five** **years**|**`125,084`**|**`89,300`**|**`214.384`**|**`246,774`**|
||**After** **five** **years**||**`19,200`**|**`19,200`**|**`33,138`**|
|||**`737,970`**|**`169,100`**|**`907,070`**|**`1,055,954`**|





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## 

|**Year** **to** **Sist** **July** **2021**|**Brought**|**Income**|**Expenditure**|**Carried**|
|---|---|---|---|---|
||**Forward**||**/** **Transfers**|**Forward**|
||**£**|**£**|**£**|**£**|
|**Unrestricted** **Funds** **-** **General** **Fund**|**7,343.300**|**7,543,147**|**(6,610,289)**|**8,276,158**|
|**Restricted** **Funds:**|||||
|**Innovation** **Space**|**`101,955`**||**(24.698)**|**77,257**|
|**Bursary** **Fund**|**`■`** **`'`**<br>**`501`**|**2,000**||**2,501**|
|**Tanzania**|**`2,241`**|||**2,241**|
|**Hazelwood** **Community** **Fund**|**`1,552`**|**1,000**||**2,552**|
|**Hazelwood** **Parents** **Association**|**`30,277`**|**7,727**|**(7,953)**|**30,051**|
||**7,479,826**|**7,553.674**|**(6,642,940)**|**8,390,760**|



||||||
|---|---|---|---|---|
|**Year** **to** **31st** **July** **2020**|**Brought**|**Income**|**Expenditure**|**Carried**|
||**Forward**||**/** **Transfers**|**Forward**|
||**£**|**£**|**£**|**£**|
|**Unrestricted** **Funds** **-** **General** **Fund**|**`6,700,502`**|**`7,317,540`**|**`(6.674,742)`**|**`7,343.300`**|
|**Restricted** **Funds:**|||||
|**Innovation** **Space**|**`126,653`**||**`(24,698)`**|**`101,955`**|
|**Bursary** **Fund**||||**`SOI`**|
|**Tanzania**|**`2,095`**|**`2,183`**|**`(2,037)`**|**`2,241`**|
|**Hazelwood** **Community** **Fund**|**`3,233`**|**`4,140`**|**`(5.821)`**|**`1,552`**|
|**Hazelwood** **Parents** **Association**|**`37,210`**||**`(6,933)`**|**`30,277`**|
||**`6,870,194`**|**`7,323,863`**|**`(6,714,231)`**|**`7,479,826`**|



## 

|**At** **31st** **July** **the** **Charity** **had** **total**|**Group**||**Charity**||
|---|---|---|---|---|
|**commitments** **under** **operating** **leases**|**2021**|**2020**|**2021**|**2020**|
|**as** **follows:**|**Other** **Assets** **Other** **Assets**||**Other** **Assets** **Other** **Assets**||
||**£**|**£**|**£**|**£**|
|**Amounts** **due** **within** **one** **year**|**■** **60,734**|**67,700**|**60,734**|**67,179**|
|**Amounts** **due** **in** **one** **to** **five** **yearn**|**`116,765`**|**`84,529`**|**`116,765`**|**`84,529`**|
|**Amounts** **due** **in** **more** **than** **five** **years**|||||






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