##
##
##
||||Page|
|---|---|---|---|
|Reference and Administrative||Details ofthe School, its Trustees and Advisers||
|Trustees'
Report|||2-4|
|Independent
Auditors'|Report|on the Financial Statements|5-7|
|Statement ofFinancial|Activities|||
|Balance Sheet||||
|Statement ofCash Flows|||10|
|Notes to the Financial|Statements||11-23|
##
|Trustees||M D Ireland||
|---|---|---|---|
|||P M Houillon||
|||A C Mundy||
|||N Raju||
|||LWygas||
|||SWelch||
|||M Wooder||
|||SDurham
(resigned|10December 2019)|
|||J Willmott
(resigned|19January 2021)|
|||J Smith (resigned 22|June 2021)|
|Chanty registered||||
|number||312734||
|Principal office||106-110Southwood|Road|
|||New Eltham||
|||Kent||
|||SE93QS||
|Independent|auditors|Hedley
Dunk Limited||
|||Chartered
Accountants||
|||Trinity House||
|||3Bullace Lane||
|||Dartford||
|||Kent||
|||DA1 1BB||
|Bankers||Lloyds Bank||
|||PO Box 1000||
|||BX1 1LT||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||FOR TH|E YEAR ENDED 31A|UGUST 2020|||
|---|---|---|---|---|---|
||||Unrestricted|Total|Total|
||||funds|funds|funds|
|||Note|2020
6|2020f|2019f|
|Income from:||||||
|Donations
and legacies|||111,247|111,247||
|Charitable
activities|||2,698,928|2,698,928|2,788,505|
|Other trading
activities|||4,921|4,921|13,971|
|Investments|||95|95|1,643|
|Other income|||493|493|758|
|Total income|||2,815,684|2,815,684|2,804,877|
|Expenditure
on:||||||
|Raising funds||8|||1,538|
|Charitable
activities||9|2,795,689|2,795,689|2,685,769|
|Total expenditure|||2,795,689|2,795,689|2,687,307|
|Net movement
in funds|||19,995|19,995|117,570|
|Reconciliation
offunds:||||||
|Total funds brought|forward||2,220,804|2,220,804|2,103,234|
|Net movement
in funds|||19,995|19,995|117,570|
|Total funds carried forward|||2,240,799|2,240,799|2,220,804|
##
|||BALANCE SHEET|BALANCE SHEET||||
|---|---|---|---|---|---|---|
|||AS AT 31 AUGUST 2020|||||
|||Note||2020f||2019
E|
|Fixed assets|||||||
|Tangible assets||14||2,064,514||2,075,104|
|Investment
property||15||665,000||665,000|
|||||2,729,514||2,740,104|
|Current assets|||||||
|Debtors||16|124,889||129,662||
|Cash at bank and|in hand||1,163||2,401||
||||126,052||132,063||
|Creditors: amounts|falling due within one||||||
|year||17|(614,768)||(651,363)||
|Net current liabilities||||(488,716)||(519,300)|
|Total net assets||||2,240,798||2,220,804|
|Charity funds|||||||
|Restricted funds||18|||||
|Unrestricted
funds||18||2,240,798||2,220,804|
|Total funds||||2,240,798||2,220,804|
|||STATEMENT OF CASH FLOWS|||
|---|---|---|---|---|
||FOR|THE YEAR ENDED 31AUGUST 2020|||
||||2020|2019|
||||8|8|
|Cash flows from operating|activities||||
|Net cash used
in operating|activities||75,724|409,015|
|Cash flows from investing|activities||||
|Dividends,
interests
and rents from investments|||95|1,643|
|Purchase oftangible
fixed assets|||(68,447)|(1,137,687)|
|Net cash used in investing|activities||(68,352)|(1,136,044)|
|Cash flows from financing|activities||||
|Net cash provided
by financing
activities|||||
|Change
in cash and cash|equivalents|in the year|7,372|(727,029)|
|Cash and cash equivalents|at the beginning
ofthe year||(32,171)|694,858|
|Cash and cash equivalents|at the end ofthe year||(24,799)|(32,171)|
|The notes on pages 11to 23 form part||ofthese financial statements|||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2020|2020|2019|
|||8|F||
|Donations||1,000|1,000||
|Government|grants|110,247|110,247||
|||111,247|111,247||
##
##
|||||Unrestricted|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2020|2020|
|||||5|6|
||Educational|Activities||2,698,928|2,698,928|
|||||Unrestricted|Total|
|||||funds|funds|
|||||2019|2019|
||||||6|
||Educational|Activities||2,788,505|2,788,505|
|5.|Income from other trading||activities|||
||Income from fundraising||events|||
|||||Unrestricted|Total|
|||||funds|funds|
|||||2020|2020f|
||Fundraising|||4,921|4,921|
|||||Unrestricted|Total|
|||||funds|funds|
|||||2019f|2019
5|
||Fundraising|||13,971|13,971|
|8.|Investment|income||||
|||||Unrestricted|Total|
|||||funds|funds|
|||||2020|2020f|
||Bank interest|||95|95|
##
##
|||||||Unrestricted|Total|
|---|---|---|---|---|---|---|---|
|||||||funds|funds|
|||||||2019|2019|
|||||||5|5|
||Property|rental||income||1,394|1,394|
||Bank interest|||||249|249|
|||||||1,643|1,643|
|7.|Other incoming|||resources||||
|||||||Unrestricted|Total|
|||||||funds|funds|
|||||||2020|2020|
||School|photographs||||493|493|
|||||||Unrestricted|Total|
|||||||funds|funds|
|||||||2019f|2019f|
||School|photographs||||758|758|
|8.|Investment||management||costs|||
||||Unrestricted|Total|
|---|---|---|---|---|
||||funds|funds|
||||2019f|2019
6|
|Rental|Management|fees|1,538|1,538|
##
|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2020
f.|2020f|
|Educational|Activities|2,795,689|2,795,689|
|||Unrestricted|Total|
|||funds|funds|
|||2019
f|2019
5|
|Educational|Activities|2,685,769|2,685,769|
##
|||Activities|||
|---|---|---|---|---|
|||undertaken|Support|Total|
|||directly|costs|funds|
|||2020f|2020f|2020
5|
|Educational|Activities|2,384,452|411,237|2,795,689|
|||Activities|||
|||undertaken|Support|Total|
|||directly|costs|funds|
|||2019f|2019f|2019
8|
|Educational|Activities|2,320,546|365,222|2,685,768|
|Analysis of|direct costs||||
##
|Analysis o|fdirect|costa (continued)|||
|---|---|---|---|---|
||||Total|Total|
||||funds|funds|
||||2020
f.|2019f|
|Staff costs|||1,756,663|1,701,663|
|Depreciation|||79,036|80,982|
|Books &equipment|||47,829|46,051|
|Catering
supplies|||120,154|84,173|
|Sport facility|hire costs||14,908|20,916|
|Utility expenses|||36,441|36,ee7|
|Telephone|||8,824|7,094|
|Insurance|||23,153|21,518|
|Repairs &maintenance|||55,361|28,735|
|Computer
maintenance|||39,056|47,168|
|Printing,
postage &stationery|||18,252|18,658|
|Advertising|&web|design|23,494|19,823|
|Legal &professional|||4,318|1,178|
|Other professional||fees|1,405|25|
|Clubs|||2,879|3,912|
|Examination,|school trips and sundry costs||81,693|88,483|
|Spare|||64,736|79,654|
|Bad debts|||5,316||
|Profit on disposal offixed assets||||1,283|
|Site development||costs|934|32,343|
||||2,384,452|2,320,546|
|Analysis ofsupport costs|||||
||||Total|Total|
||||funds|funds|
||||2020f|2019|
|Staff costs|||368,720|319,492|
|Other professional||fees|10,301|9,654|
|Staff training|||20,307|29,808|
|Examination,|school trips and sundry costs||6,084|839|
|Spare|||2,189|1,747|
|Governance|costs||3,636|3,682|
||||411,237|365,222|
##
##
##
|Staff costs||||||||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
||||||||5|
|Wages and|salaries|||||1,726,077|1,695,312|
|Social security costs||||||149,543|152,718|
|Contribution|to defined|contribution||pension|schemes|249,765|173,126|
|||||||2,125,385|2,021,156|
|The average|number ofpersons||employed||by the School during the year was as follows:|||
|||||||2020|2019|
|||||||No.|No.|
|Teaching staff||||||22|23|
|Teaching support staff (part time|||and assistants)|||29|24|
|Catering
and|lunch time|||||9|14|
|Administrative||||||7|5|
|Caretaking||||||7|7|
|||||||74|73|
|2020|2019|
|---|---|
|No.|No.|
##
##
##
##
||Freehold|Office||
|---|---|---|---|
||property|equipment|Total|
||6||9|
|Cost orvaluation||||
|At 1 September 2019|2,238,691|461,165|2,699,856|
|Additions|35,623|32,824|68,447|
|At 31 August 2020|2,274,314|493,989|2,768,303|
|Depreciation||||
|At 1 September 2019|281,691|343,061|624,752|
|Charge for the year|41,304|37,733|79,037|
|At 31 August 2020|322,995|380,794|703,789|
|Net book value||||
|At 31 August 2020|1,951,319|113,195|2,064,514|
|At 31 August 2019|1,957,000|118,104|2,075,104|
##
##
||||||Freehold|
|---|---|---|---|---|---|
||||||investment|
||||||property|
||||||6|
||Valuation|||||
||At 1 September 2019||||665,000|
||At 31 August|2020|||665,000|
|18.|Debtors|||||
|||||2020
6|2019f|
||Due within one year|||||
||Trade debtors|||64,520|80,380|
||Prepayments|and accrued income||60,369|49,282|
|||||124,889|129,662|
|17.|Creditors: Amounts||falling due within one year|||
|||||2020|2019|
||||||F|
||Bank overdrafts|||25,961|34,572|
||Other creditors|||249,536|222,000|
||Accruals and|deferred|income|339,271|394,791|
|||||614,768|651,363|
##
##
||Statement||offunds|-current year||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Balance at 1||||Balance at|
||||||September||||31 August|
||||||2019|Income
6|Expenditure||2020
f|
||Unrestricted||funds|||||||
||General Funds - all|||funds|1,994,358|2,815,683|(2,795,689)||2,014,352|
||Revaluation||reserve||226,446||||226,446|
||||||2,220,804|2,815,683|(2,795,689)||2,240,798|
||Statement|offunds||- prior year||||||
||||||Balance at||||Balance at|
||||||1 September||||31 August|
||||||2018
f.|Income
5|Expenditure|f|2019|
||Unrestricted||funds|||||||
||General Funds - all|||funds|1,876,788|2,804,877|(2,687,307)||1,994,358|
||Revaluation||reserve||226,446||||226,446|
||||||2,103,234|2,804,877|(2,687,307)||2,220,804|
|19.|Summary|offunds||||||||
||Summary|offunds||- current year||||||
||||||Balance at 1||||Balance at|
||||||September||||31 August|
||||||2019f|Income
f|Expenditure|f.|2020
E|
||General funds||||2,220,804|2,815,683|(2,795,689)||2,240,798|
##
##
||||||||Balance at||||Balance at|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||1 September||||31 August|
||||||||2018f||Income|Expenditure
8|2019
f|
||General funds||||||2,103,234|2,804,877||(2,687,307)|2,220,804|
|20.|Reconciliation
of net movement||||in funds|to|net cash flow|from|operating|activities||
|||||||||||2020|2019|
|||||||||||5|f|
||Net income for the||period|(as per|Statement|of|Financial Activities)|||19,995|117,570|
||Adjustments|for:||||||||||
||Depreciation|charges||||||||79,036|80,982|
||Dividends,
interests||and rents from investments|||||||(95)|(1,643)|
||Loss on the|sale of|fixed assets||||||||1,283|
||Decrease
in|debtors||||||||4,772|277,127|
||Decrease
in|creditors||||||||(27,984)|(66,304)|
||Net cash provided||by operating||activities|||||75,724|409,015|
|21.|Analysis of|cash and cash equivalents||||||||||
|||||||||||2020|2019f|
||Cash in hand|||||||||1,162|2,401|
||Overdraft
facility repayable|||on demand||||||(25,961)|(34,572)|
||Total cash and cash equivalents|||||||||(24,799)|(32,171)|
##
##
|||||At I|||
|---|---|---|---|---|---|---|
|||||September||At 31 August|
|||||2019|Cash flows|2020|
|||||||8|
|Cash|at bank and in hand|||2,401|(1,238)|1,163|
|Bank|overdrafts|repayable|on demand|(34,572)|8,611|(25,961)|
|||||(32,171)|7,373|(24,798)|
##
##