2021-08-31-accounts

The Head	JBatt
The Bursar	L Shepherd (resigned 31March 2021)
	IWallis (appointed	January 2022)
Address:	Reddiford School
	38 Cecil Park
	Pinner
	Middlesex HA5 5HH
Banker	Barclays Bank Plc
	1250High Road
	Whetstone
	London N20 8PB
Auditors:	PKW Accountancy	Limited
	Secoud Floor
	1 Church Square
	Leighton Buzzard
	Bedfordshire
	LU7 1AE

				2021	2020
			Notes
				Unrestricted	Unrestricted
				Funds	Funds
INCOME
Incoming resources	from charitable		actr'vities
School Fees				3,378)570	3,371,900
IncomePorn other	trading	actr'vities
- Registration fees	and other income		2	15,992	]5,898
Invesnnent income				477	4,888
Other income —grants					78,882
Total incoming resources				3)395)039	3,471,568
EXPENDITURE
Expenditure on Charitable		Activities
— Teaching costs				2,365,462	2,581,665
— Welfare costs				21,475	19,047
- Premises costs				317,138	296,669
- Support costs				730,176	561,836
Total expenditure				3)434,251	3,459,217
Net rncome				(39,212)	12,351
Total funds hrought	forward			5,096,770	5,084,419
Total Funds carried	forward			5,057,558	5,096,770

						2021	2020
					Notes		8
Fixed Assets
Tangible fixed assets:
- School buildings		and equipment				4,056460		4,139,535
Current Assets
Stock						14,598	7,468
Debtors and	prepayments				7	53444	49,763
Cash at bank						1,436,809	1,432,138
						1404,651		1,489,369
						5461,011		5,628,904
Creditors:	amounts		due within	one year	8	(224,958)		(229,259)
Total assets	less current liabilities					5436,053		5,399,645
Creditors:	amounts		due after one year		9	(278,495)		(302,875)
Total net assets						5,057,558		5,096,770
Unrestricted	Funds
Reserves					10	5,057458		5,096,770
Total Funds						5)057458		5,096,770

					2021	2020
				Notes
Net. cash used in operafing	activities			13	7,717	(45,138)
Cash flows from investing	activities
Interest and dividends					477	4,888
Purchase oftangible fixed	assets				(3,523)	(1,088,130)
Sale oftangible assets
Net. cash provided by (used in) investing			activities		(3,046)	(1,083,242)
Charges in cash Ec cash equivalents		in the		year	4,671	(1,128,380)
Cash and cash equivalents	brought	forward			1)432)138	2,560,518
Cash and cash equivalents	carried forward				1,436.809	1,432,138

Registration	Fees	and Other I	ncome
				2021	2020
				B
Registration	fees			10)000	8,000
Sundry Income—		Comnission	for school photos/uniform		77
		References	charges	2,000	3,500
		Insurance		3,992	4,32]
				15)992	15,898

	2021	2020
Sundries	911	614

Staff Costs
				2021	2020
Wages and salaries				2,189,384	2,309,219
Social security costs				231,446	224,901
Pension contributions				319,403	335,664
Other costs				44,238	46,369
				2,784,471	2,916,153
The average number ofemployees			in the year was:
Teaching	- Full tune			38	42
	- Part time			17	19
Welfare				1	1
Domestic				3	5
Administration				7	7
The lollowing nmuber	ofemployees		exceeded
860,000 emoluments	and their retirement
benefits are accrumg	under	DeEned	Benefit
Schemes (tvloney-Purchase		Schemes: none)
860,000 - 870,000
570,000 - 880,000
8130,000 - 8140,000

			Staff Costs	Governance	Other	Depreciation	Total	Total
				Costs
			2021	2021	2021	2021	2021	2020
			5
Teaching	costs		2,238,526		92,257	34,679	2,365,462	2,581,665
Welfare			21,475				21,475	19,047
Premises			84,611		]80,508	52,019	317,138	296,669
Support costs			439,859	9,461	280,856		730,176	561,836
			2,784,471	9,461	553,621	86,698	3,434,251	3,459,217
Governance		Costs				2021		2020
Audit fee						8&550		6,700
Governors	expenses					911		614
						9,461		7,314

Other Costs				2021		2020
Teaching supplies				36,430		34,361
Redundancy payruents				74)171
ICT Costs				58)987		69,234
Repairs and Maintenance				3]07]8		43,829
Heat, Light and Water				34,849		33,147
Cleaning				72,762		49,288
Telephones				10,676		9,953
Rates and Council Tax				Z6,40]		18,922
Minibus				4,102		2,787
Printing, postage, stationery	and rental equipment			40,832		33,396
lnsurauce				30,374		28,884
Legal and Professional				64,]29		14,168
Marketing				11,332		24,901
Bank Charges				12,051		8,565
Miscellaneous				44,807		43,224
Outside Activities						20,437
				553,621		435,096
Tangible Fixed Assets
		Freehold		Fittings
		Property	and	and	Motor
		Improvements		Equipment	Vehicles	Total
Cost
1 September 2020		4,739,353		779,713	56,687	5,575,753
Additions				3,523		3,523
Disposals
31August 2021		4,739,353		783,236	56,687	5,579,276
Depreciation
1 September 2020		715,597		663,934	56,687	1,436,218
Charge for the year		56,872		29,826		86,698
Disposals
31August 2021		772,469		693,760	56,687	1,522,916
Net BookValues
31August 2021		3,966,884		89,476		4,056)360
31 August 2020		4,023,756		1]5,779		4,139,535

7.	Debtors
			2021	2020
			f,
	Fees		29,683	10,013
	Prepaymcnts		17,852	14,254
	Other debtors		5,709	25,496
			53,244	49,763
8.	Creditors: due within	one year
			2021	2020
	Trade creditors		9,248	4,295
	Bank loan		41,500	41,500
	Other mxes and social	security
	Accruals and deferred	income	172,179	172,272
	Other cieditors		2,031	]],192
			224,958	229,259

	Deferred	in	come included in the above figure is as	follows:
				2021	2020
	Brought forward			110,633	264,681
	Advance	fees		143,963	110,633
	Released			(110,633)	(264,681)
				143&963	110,633
9.	Creditors		due after one year
				2021	2020
	Final Teim		Deposits	133,900	140,600
	Bank loan			144,595	162,275
				278,495	302,875

General	Reserv	e
			2021	2020
Brought	forward		5)096,770	5,084,419
Suiplus	for the year		(39,212)	12,351
Balance	carried	forward	5,057,558	5,096,770

Reconciliation ofnet movem	ent in funds	to net cash flow	from operating activities
			2021	2020
Net rnovernent in funds			(39,212)	12,351
Add back depreciation			86,698	95,465
Deduct interest income shown	in htvesting	activities	(477)	(4,888)
Decrease/(increase) in stock			(7,130)	15,297
Decrease/(increase) in debtors			(3,481)	13,727
Inci ease/(decrease) in creditors			(28,681)	(177,090)
Net cash used in operating activities			7,717	(45,138)

Leases
The total futnre rniniroum	lease payments	under non-cancellable	leases are payable	as follows:-
~Euipment			2021		2020
Witlun one year			8,040		8,040
After one year but within	frve years		16,160		24,240