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|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||
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|||||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|
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|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|
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|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|
##
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|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|
##
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|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|
##
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|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)|
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|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|