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|||Notes|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|2021|2020|
|||||||6|
|INCOME AND ENDOWMENTS||FROM|||||
|Charitable<br>activities|||||||
|School fees|||5,246,820||5346420|5,163,364|
|Other educational<br>income|||81,231||81,231|95,984|
|Registration<br>fees and other|||69,793||69,793|63,198|
|Other activities to generate|funds||||||
|Investment<br>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<br>activities|||||||
|School operating<br>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)<br>on investments|||||||
|Net ()osses)/gains<br>on investments||9||14,724|14,724|(1,446)|
|Net income/(expenditure)|||(92~5)|10,783|(81,452)|(73,199)|
|Actuarial<br>gain/(loss)<br>on defined<br>benefit pension scheme||17|374||374|(482)|
|Transfers|||||||
|Net movement<br>in funds|||91861|10783|(81,078)|73,681|
|Total funds brought<br>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<br>&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<br>by/(used<br>operating<br>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<br>by/(used<br>activities|in& investing|||||(132,716)|(484,403)|
|Cash flows from financing|activities:|||||||
|Repayment<br>ofbanL loan||||||||
|Net cash provided<br>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<br>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<br>n<br>'cm|||tonet|cash|flow from|||
|Net income/(expenditure)<br>for the reporting|||period|||(81,452)|(73,'l99)|
|Adjustments<br>for:||||||||
|(Gains)/losses<br>on Investments||||||(14,724)|1,446|
|Non- cash movement<br>on independent||Schools' Pension|||Scheme|374|(482)|
|Depreciation<br>charges||||||316,395|302,918|
|Interest receivable|||||||(19,197)|
|Loss/(profit)<br>on the sale offixed assets||||||714||
|(Increase)/decrease<br>in debtors||||||35,922|144,490|
|Increase/(decrease)<br>in creditors||||||156,725|(510,071)|
|Net cash provided<br>by/(used|in) operating||activities|||413,954|(154,096)|
|An I<br>an es innet debt||||||||
||||Atthe<br>start of|||Cash<br>flows|At the<br>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|



## 

## 



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## 



## 

## 

|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<br>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<br>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<br>income includes||gift aid income|on relevant donations,|||||
||Financing<br>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<br>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<br>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<br>Funds|||
|Market value atI September 2020<br>Unrealised<br>investment<br>gains/()oases)|16?,244<br>74,724|163,690<br> ~l,446|
|Market value at31August 2021|176,968|162,244|
|Historical<br>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<br>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<br>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<br>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<br>ofnet assets between funds|Analysis<br>ofnet assets between funds||||
|---|---|---|---|---|
||Tangible||Other||
||fixed||assets/||
||assets|investments|(liabilities)|Total|
|Unrestricted<br>Funds:|||||
|General<br>funds|||772,139|772,139|
|Fixed asset fund|6,695421|||6,695,521|
|Bursary fund|||||
|Restricted Funds:|||||
|The Sainsbury<br>Fund||176,968|(53,558)|123,410|
|Saturday<br>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<br>Funds:|||||
|General funds|||679,607|679,607|
|Fixed asset fund|6,879,914|||6,879,914|
|Bursary fund|||||
|Restricted Funds:|||||
|The Sainsbury<br>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<br>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<br>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<br>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<br>statement offmancial|Comparative<br>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<br>income||||95,984||95,984|
|Registration<br>fees and other|income|||63,198||63,198|
|Other activities to generate|funds||||||
|Investment<br>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<br>costs||||1,688||1,688|
|Charitable<br>activities|||||||
|School operating<br>costs and|grants|||5,470,948|74,883|5,45QB1|
|Total expenditure||||S,472,636|74,883|5,547,5'l9|
|Net income/(expenditure)<br>investments|before|gain/&loss)|on|{124,940)|53,187|(71,7S3)|
|Net gains/(losses)<br>on investments|||||(1,446)|(1,446)|
|Net income/(expenditure)||||(124,940)|51,741|(73,199)|
|Actuarial<br>gain/(loss)<br>on dehned beneht pension|||||||
|scheme||||(482)||(482)|
|Transfers||||67,619|(67,619)||
|Net movement<br>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|