2021-08-31-accounts

		Notes	Unrestricted	Restricted	Total	Total
			funds	funds	2021	2020
						6
INCOME AND ENDOWMENTS		FROM
Charitable activities
School fees			5,246,820		5346420	5,163,364
Other educational income			81,231		81,231	95,984
Registration fees and other			69,793		69,793	63,198
Other activities to generate	funds
Investment income						19,197
Donations				21,300	21300	128,070
Other activities			5,935		5,935	5,953
Total income			5,403,779	2'l,300	5,425,079	5,475,766
TOTAL EXPENDITURE ON
Raising funds
Financing costs			2,322		2,322	1,688
Charitable activities
School operating costs and	grants		5,493,692	25,241	5,518,933	5~5,831
Total expenditure		5	5,496,014	25,241	5,521,255	5,547319
Net income/(expenditure)	before		(92235)	(3,941)	(96,176)	(71,753)
gain/(loss) on investments
Net ()osses)/gains on investments		9		14,724	14,724	(1,446)
Net income/(expenditure)			(92~5)	10,783	(81,452)	(73,199)
Actuarial gain/(loss) on defined benefit pension scheme		17	374		374	(482)
Transfers
Net movement in funds			91861	10783	(81,078)	73,681
Total funds brought forward			7,559421	125,892	7,685,413	7,759,094
Total funds carried forward		13	7467660	136675	7604 335	7685,413

				Note						2020
										6
Fixed assets
Tangible fixed assets							6,695,521			6,879,914
Investments							176,968			162,244
							6,872,489			7,042,158
Current assets
Debtors						218,150		254,070
Cash at bank and in hand						2,631,085		2,349,847
						2,849,235		2,603,917
Creditors: amounts	falling due			11	~22,, 007722,, 5503 6611			(1,911,220)
within one year
Net current assets							776649			692,697
Total assets less current liabilities							7,649,138
Creditors: amounts	falling due after
one year
Net assets before pension. liability							7,649,138			7,734,855
Defined benefit pension		scheme		17			(44,803)			(49,442)
Net assets							7604335			7,685,413
Funds
Unrestri ctedfiat de
General funds						772,139		679,607
Fixed assets fund						6,695,52'I		6,879,914
Bursary fund
							7,467,660			7,559,521
Restricted fiutds							136,675			125,892
Total funds							7,604335			7,685,413
The notes on pages 18to		35form part of these financial				statements,
App &0710 0	d	fG	d	t0	iaaf	1	2F~	202r	d	10*d
its behalf by:
							A~td
Chart							Chair ofFinance	Committee

						2021	2020
Cash flows from operating	actiyitiest
Net cash provided by/(used operating activities	in)		(see be/rxrs)			413,954	(154,095)
Cash flows from investing	activities:
Interest received							19,197
Purchase ofproperty, plant.	and equipment				132,716)		~(5t8,6X
Net cash provided by/(used activities	in& investing					(132,716)	(484,403)
Cash flows from financing	activities:
Repayment ofbanL loan
Net cash provided by/(used	in) financing
activities
Change in cash and cash equivalents		in the reporting			period	281,238	~(f88,498
Cash and cash equivalents	atthe beginning of the period					2,349,847	2,988,345
Cash and cash equivalents	at the end	of the period				2,631,085	2,349,847
Reconcili n 'cm			tonet	cash	flow from
Net income/(expenditure) for the reporting			period			(81,452)	(73,'l99)
Adjustments for:
(Gains)/losses on Investments						(14,724)	1,446
Non- cash movement on independent		Schools' Pension			Scheme	374	(482)
Depreciation charges						316,395	302,918
Interest receivable							(19,197)
Loss/(profit) on the sale offixed assets						714
(Increase)/decrease in debtors						35,922	144,490
Increase/(decrease) in creditors						156,725	(510,071)
Net cash provided by/(used	in) operating		activities			413,954	(154,096)
An I an es innet debt
			Atthe start of			Cash flows	At the end of
				year			year
Cash			2,349,847			281,238	2,631,085
			2,349,847			281,238	2.631,085

Leasehold	premises	over 50years on cost
Plant aud	equfpruent:
Computer	equipment	33'/o per annum
Fixtures,	fittings and equipment	1IF/ per annum

2.	.School fees
								2020
	The school's fee	income comprised.
	Gross fees						5,398,643	5308+07
	Less.'Bursaries	and grants					(173,123)	(202,109)
							5,225,520	5,106,198
	Add back, grants and bursaries paid by restricted				funds		21,300	57,166
	Operating school fee (excluding bursaries			and Hardship		grants)	5,246,820	5,163,364
3.	Other income
							2021	2020
	Donations:
	Bursary Fund	(restricted)					21,300	57,166
	Sainsbury Fund (restricted)
	Saturday School (restricted)
	Building Fund	(restricted)						67,619
	STEAM week	(restricted
							21,300	128,070
	Other activities:
	l.acilities hired	out by the	School				5,935	5,953
	Donation income includes		gift aid income	on relevant donations,
	Financing cosh
							2021	2020
	interest payable	on bank loan						(760)
	Other interest payable						421	555
	Bank charges						1,901	1,893
							2~322	1,688

2071		Staff costs	Other costs	Depreciation	Total
		5	6	6
Raising Funds
Finance costs			2,322		2322
Charitable activities
School operating	costs:
Teaching		2&584,555	330,978	134,514	3,050,047
Welfare (including	catering)		310,629	3,563	314,1'92
Premrses		134,064	446,301	178,318	758,683
Support costs (note 6)		1,141,832	254,179		I,396,011
		3,860,451	1,342,087	316,395	5,518,933
Total Expenditure		3,860,451	1,344,409	316,395	5,521,255

		Staff costs	Other costs	Depreciation
			6
Raising Funds
Finance costs			1,688		1,688
Charitable activities
School operating	costs:
Tear)ung		2,789,716	501,153	169,724	3,460,593
Welfare (including	catering)		253,467	3,976	257,443
Premises		112,295	423,772	129,2]8	665,285
Support costs		874,155	288,355		1,162,510
		3,776,166	1,466,747	302,918	5,545,831
Total Expenditure		3,776,166	I,468,435	302,918	5~7r&19

				2021	2020
Curirnt	auditor
Auditor	-	Audit fees	(current year)	12,300	11,750
	—Audit fees		(pdor year under accrual)	900	400
Auditor	-	Non-audit	fees	1,700	2,350
Governors'		expenses		1,034	1,487
				15,934	15,987

Total staff	costs wer	e as follows:
			2021	2020
Wages and	salaries		3,016,665	2,941,622
Employer's	national	insurance	319,741	309,899
Employer's	pension	contributions	524,045	524,645
Total staff	costs		3,860,451.	3,776,1'66

	2021	2020
	No	No
660,000 - 670,000	7	6
670,000 —f80,000	3	4
6100,000 - 6110,000
6110,000 -&20,000
6120,000 - 6130,000
6130,000 - 6140,000

	2021	2020
	No	No
Teaching	37	37
Teaching assistants	12	10
Non-teaching	32	35
	81	82

	2021	2020
	No	No
Teaching	33	33
Teaching assistants	12	10
Non-teaching	28	28
	73	71

		leasehold	plant and
		plPJIll sea	Equipment
Cost
At I September	2020	8,913,987	1,437,802	10,351,789
Additions		1,920	130,796	132,716
Dispose)s			(22,833)	(22,833)
A t31August 2021		8,915,907	1445,765	1.0,461,672
Depreciation
AtISeptember	2020	2,605,944	865,931	3,471,875
Charge for the	year	I,7'8,318	138,077	316,395
Disposals			(22,119)	(22,119)
At 31August 2021		2,784,262	981,889	3,766,151
Net book value
At 3'I August 2021		6,131,645	563,876	6,695,521
At 31August 2020		6,308,043	571,87I	6,879,914

	2021
UK Managed Funds
Market value atI September 2020 Unrealised investment gains/()oases)	16?,244 74,724	163,690 ~l,446
Market value at31August 2021	176,968	162,244
Historical cost at31August 2021	120,799	120,799

		2021
Fee debtors		29,678	28,214
Other debtors		1,742	(2,666)
Prepayrnents	and accrued income	186,730	228,522
		218,150	254,070

	2021	2020
Trade credifors	78,880	43,476
Accruals	38,276	94,047
Deferred income	201,764
Acceptance fees deposits	1,753,356	1,637,068
Other creditors	310	2,696
	2r072,586	1,911,220

					Transfers,
		Balance at			actuarial	Balance at
		1September			gain, and	31August
		2020	Income	Expenditure	loss on	2021
					investments	f
Unrestricted	Funds:
General funds		679,607	5,403,779	(5,179,619)	(131,628)	772,139
Fixed asset fund		6,879,914		(316,395)	132,002	6,695,521
Bursary fund
Restricted Funds;
Bursary fund			21,300	(21,300)
The Sainsbury Fund		108,686			14,724	123,410
Saturday School		17;206		(3,941)		13,265
		7&685,413	5,425,079	(5+21,255)	15,098	7,604,335
2020					Transfers,
		Balance at			actuarial	Balance at
		"ISeptember			gain, and	31August
		2020	Income	Expenditure	lass an	2020
					investments
Unrestricted	Funds:
General funds		979,956	5,347,696	(5169718)	(478,327)	679,607
Fixed asset fund		6,626,182		(302,918)	556,650	6,879,914
Bursary fund		11,186			(11,186)
Restricted Funds:
Bursary fund			57,166	(57,166)
The Sainsbury Fund		110,13?			(1,446)	108,686
Saturday School		31,638		(14,432)		17,206
Building Fund			67,619		(67,619)
STEAM week			3,285	(3,285)
		7,759,094	5,475,766	(5,547,519)	(1,928)	7,685,413

Analysis ofnet assets between funds	Analysis ofnet assets between funds
	Tangible		Other
	fixed		assets/
	assets	investments	(liabilities)	Total
Unrestricted Funds:
General funds			772,139	772,139
Fixed asset fund	6,695421			6,695,521
Bursary fund
Restricted Funds:
The Sainsbury Fund		176,968	(53,558)	123,410
Saturday School			13,265	13,265
Total hmds 2021	6,695,521	176,968	731,846	7,604,335
2020	Tangible		Other
	fixed		assets/
	assets	Investments	(habiIities)	Total
Unrestricted Funds:
General funds			679,607	679,607
Fixed asset fund	6,879,914			6,879,914
Bursary fund
Restricted Funds:
The Sainsbury Fund		162,244	(53,558)	108,686
Saturday School			17,206	17406
Total funds 2020	6,879,914	162,244	643,255	7,685,413

	2021	202'I	2020	2020
	6
	Land and		Land and
	buildings	Other	buildings	Other
Within one year	83,500	26,115	83,500	26,833
Between two and five years	334,000	47,923	334,000	74,038
In over five years	8,099,500		8,183,000
	8,517,000	74,038	8,600,500	100,871

			31	August 2021	31August. 2020	31August 2019
				(F )	(Ss)	(Es)
Present	value	ofprovision		44,803		52,956

				Period Ending	Period Ending	Period Ending	Period Ending
				31 August	2021	31August	2020
				(P)		(Ps)
Provision atstart ofperiod					49,442		52,956
Unwinding of the	discount factor	(interest expense)
Deficit conhibution	paid				(4,688)		(4,551)
Re-measurements	-impact of any	change in assumptions			(374)		482
Re-measurements	— amendments	to	the contribution
schedule
Provision at end ofperiod

					Period Ending	Period Ending	Period Ending
					31August	2021	31August 2020
					6s		(Ks)
Interest expense
Remeasurements	—impact ofany	change in		assumptions		(374)
Remeasurements	—amendmenta	to	the	contribution
schedule
Contributions paid in respect offuture service'
Costs recognised	in income and expenditure			acqotmt

		31August 2021	31August 2021	31August 2020	31August 2019
		/o	er almum	'%%d per annum	'V~ per annum
Rate	ofdiscount		1.09	0.90	1.10

Comparative statement offmancial	Comparative statement offmancial	achvities	for 2020
				Unreshf cted	Restricted	Total
					funds	2020
INCOME AND ENDOWMENTS		PROM
Charitable activities
School fees				5,163,364		5,163364
Other educational income				95,984		95,984
Registration fees and other	income			63,198		63,198
Other activities to generate	funds
Investment income				19,I97		19,197
Donations					128,070	128,070
Other activities				5,953		5,953
Total income				5,347,696	128,070	5,47S,766
TOTAL EXPENDITURE ON
Raising funds
Pinancing costs				1,688		1,688
Charitable activities
School operating costs and	grants			5,470,948	74,883	5,45QB1
Total expenditure				S,472,636	74,883	5,547,5'l9
Net income/(expenditure) investments	before	gain/&loss)	on	{124,940)	53,187	(71,7S3)
Net gains/(losses) on investments					(1,446)	(1,446)
Net income/(expenditure)				(124,940)	51,741	(73,199)
Actuarial gain/(loss) on dehned beneht pension
scheme				(482)		(482)
Transfers				67,619	(67,619)
Net movement in funds				(57,803)	(f5478)	(73,681)
Total funds brought forward				7,617,324	141,770	7,759,094
Total funds carried forward				7,559421	'125,892	7,685,413