## ## ## ## ## |Contents|| |---|---| |Report ofthe Governors|| |Report ofthe Auditor|| |Statement
of Financial|Activities| |Balance Sheet|| |Cash Flow Statement|| |Notes to the Financial Statements|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||2021||||2020||| |---|---|---|---|---|---|---|---|---|---|---| |||Unrestricted|Restricted|||Unrestricted|Restricted|||| |||Funds||Funds|Total|Funds|Funds|||Total| ||Note|||||||||| |Income from:||||||||||| |Donations
Other trading activities||4,359||1,235|5,594|1,063||6,567||7,630| |School shop||206|||206|316||||316| |Investments
Charitable
activities||6,735|||6,735|18,624||||18,624| |Fees receivable
Extras chargeable
Otherincome||3,801,530
226,041|||3,801,530
226,041|3,889,865
220,389|||3,889,865
220,389|| |Insurance
claim||100,000|||100,000|||||| |Sundry income
CJRS grant||4,162
33730|||4,162
33730|17,045
81 299||||17,045
81 299| |Total income||4 176763||1 235|4177998|4228601||6567|4235168|| |Expenditure
on:||||||||||| |Raising funds||||||||||| |Cost ofgoods sold||||||132||||132| |Charitable
activities||||||||||| |School operating
costs||3826 271||2902|3829173|3955646||6905|3962551|| |Total expenditure|2|3 826 271||2902|3829173|3955778|6905||3962683|| |Net income|3|350,492|(|1,667)|348,825|272,823|(|338)||272,485| |Transfers
between
funds|12,13|||||||||| |Net movement
in funds||350,492|(|1,667)|348,825|272,823|(|338)||272,485| |Reconciliation
offunds
At 1"September 2020||8608390||5113|8613503|8335567|5451||8341 018|| |Balance carried forward||||||||||| |At31"August 2021||8958882||3446 ~896232||8608390|5113||8613503|| |All recognised
gains and losses are
Statement
ofTotal Recognised
Gains||reflected
through
the Statement
of Financial
Activities
or Losses is presented.||||||and no||separate| |||||2021|2020|| |---|---|---|---|---|---|---| ||||Note|||| |Net cash inflow from operating
activities|||19|766,108||381,341| |Returns
on investments
and||||||| |servicing offinance||||||| |Interest received|||6735||18624|| |||||6,735||18,624| |Capital expenditure||||||| |Payments
to acquire tangible|fixed assets||(3,028,489)||(2,293,806)|| |Refund for asset capitalised|last year||||9,351|| |Receipts from sales oftangible||fixed assets|1 280||2D 000|| |||||(3027209)|(2|264 455)| |(Decrease)
/ Increase
in cash||||(2 2!~435~6|~1~44')|| |RECONCILIATION
OF NET|CASH FLOW TO||MOVEMENT|IN NET FUNDS||| |||||2021||2020| |(Decrease)/Increase
in cash|in|the year||(2254 366)|(1|864 490)| |Movement
in net funds||||(2,254,366)|(1,864,490)|| |Net funds brought
forward
Net funds carried forward||||3 163232
~)~6|5 D27 722
~3)~2'32|| ## ## ## ## ## ## ## ## |NET INCOIIE|||||||2021|2020| |---|---|---|---|---|---|---|---|---| |This is stated after charging:
Auditors'
remuneration
—statutory
audit
—termly
and annual
—payroll services
Depreciation||||accounts|||5,580
5,011
7,834
~370 0 3|5,580
7,068
7,911
362666| |STAFF COSTS|||||||2021|2020| |Staff costs during the year amounted
Wages and salaries
Social security costs
Pension costs (see Note 17)||to:|||||2,094,177
212,073
374 366
2 680616|2,127,287
219,128
395581
2 741 996| |The average
number ofemployees||during|the||year was|as follows:|2021|2020| ||||||||No|No| |Teaching
Estates|||||||44
8|46
7| |Catering
Maintenance||||||||4| |Administration|||||||9|10| ||||||||61|67| |The number
ofemployees
whose|emoluments||||amounted|to over f60,000|in the year were as follows:|| ||||||||2021|2020| ||||||||No|No| ## ## ## |Unlisted|investment|at cost|| |---|---|---|---| |Homefield|School Enterprises||Ltd| |Total Investments|||| ## ## |Homefield
School Enterprises
Limited is a wholly owned subsidiary
ofHomefield
Preparatory
School Trust
Limited,
which was incorporated
on 30 April 2013.The initial accounting
period for Homefield
School
Enterprises
was from incorporation
to 31 August 2014. It has remained
dormant
to 31 August 2021.|Homefield
School Enterprises
Limited is a wholly owned subsidiary
ofHomefield
Preparatory
School Trust
Limited,
which was incorporated
on 30 April 2013.The initial accounting
period for Homefield
School
Enterprises
was from incorporation
to 31 August 2014. It has remained
dormant
to 31 August 2021.|Homefield
School Enterprises
Limited is a wholly owned subsidiary
ofHomefield
Preparatory
School Trust
Limited,
which was incorporated
on 30 April 2013.The initial accounting
period for Homefield
School
Enterprises
was from incorporation
to 31 August 2014. It has remained
dormant
to 31 August 2021.|Homefield
School Enterprises
Limited is a wholly owned subsidiary
ofHomefield
Preparatory
School Trust
Limited,
which was incorporated
on 30 April 2013.The initial accounting
period for Homefield
School
Enterprises
was from incorporation
to 31 August 2014. It has remained
dormant
to 31 August 2021.|Homefield
School Enterprises
Limited is a wholly owned subsidiary
ofHomefield
Preparatory
School Trust
Limited,
which was incorporated
on 30 April 2013.The initial accounting
period for Homefield
School
Enterprises
was from incorporation
to 31 August 2014. It has remained
dormant
to 31 August 2021.|Homefield
School Enterprises
Limited is a wholly owned subsidiary
ofHomefield
Preparatory
School Trust
Limited,
which was incorporated
on 30 April 2013.The initial accounting
period for Homefield
School
Enterprises
was from incorporation
to 31 August 2014. It has remained
dormant
to 31 August 2021.|Homefield
School Enterprises
Limited is a wholly owned subsidiary
ofHomefield
Preparatory
School Trust
Limited,
which was incorporated
on 30 April 2013.The initial accounting
period for Homefield
School
Enterprises
was from incorporation
to 31 August 2014. It has remained
dormant
to 31 August 2021.|Homefield
School Enterprises
Limited is a wholly owned subsidiary
ofHomefield
Preparatory
School Trust
Limited,
which was incorporated
on 30 April 2013.The initial accounting
period for Homefield
School
Enterprises
was from incorporation
to 31 August 2014. It has remained
dormant
to 31 August 2021.| |---|---|---|---|---|---|---|---| |DEBTORS||||||2021|2020| |Fees debtors||||||35,372|53,594| |Other debtors||||||4,162|4,499| |Prepay ments||||||72 341
111875|53201
111294| |CREDITORS:|Amounts
falling|due within one year||||2021|2020| |Fees received|in advance|||||464,491|9,302| |Taxes and social security costs
Accruals||||||51,338
231,832|55,445
416,233| |Other creditors||||||196278|209736| |||||||943939|690716| ## |
were payable|as set out below:||| |---|---|---|---| |||2021|2020| |Within one year
Within two to five years||24,992
52483
77475|21,555
43576
65 131| |The operating|lease charges for the year were:||| |||2021|2020| |Hire of plant|and machinery|21 555|23502| ## ## |12|UNRESTRICTED FUNDS|UNRESTRICTED FUNDS|Balances|Income|||Balances| |---|---|---|---|---|---|---|---| ||||brought|less||Gains and|carried| ||||forward|expenditure|Transfers|losses|forward| ||2021||||||| ||Designated
funds:||||||| ||Tangible
fixed asset|fund|6,027,910||2,855,833||8,883,743| ||General reserve||2580480|350492|(2~855833||75139| ||Total unrestricted|funds|(L60(~0|35(~492|||8~2| ||2020||||||| ||Designated
funds:||||||| ||Tangible fixed asset|fund|3,767,015||2,260,895||6,027,910| ||General reserve||4 568 552|272 823|(2~260 895||2 580480| ||Total unrestricted|funds|67|~272 82|||| ||RESTRICTED FUNDS||Balances||||Balances| ||||brought||||carried| ||||forward|Income|Expenditure|Transfers|forward| ||2021||||||| ||Awards||180||(180)||| ||Early Years Training|Grant|2,229||||2,229| ||School travel grant||1,369||(152)||1,217| ||Early Years Department||350||(350)||| ||Department
Equipment||985||(985)||| ||Coronavirus||||||| ||Homefield
Association|||1 235|~1235||| ||Total restricted
funds|||~12 5|(~29 2)||~44| ||2020||||||| ||Awards||180||||180| ||Early Years Training|Grant|2,229||||2,229| ||School travel grant||1,707||(338)||1,369| ||Early Years Department||350||||350| ||Department
Equipment||985||||985| ||Coronavirus
Homefield
Association
Total restricted
funds||~451|4,761
1 806
~7|(4,761)
(1 806)
(~||| ## ## ## ## ## ## ## ## ## ## ## ## |NET CASH INFLO|W FROM OP|ERATING A|CTIV|ITIES|||| |---|---|---|---|---|---|---|---| ||||||2021||2020| |Net movement
in|funds||||348,825||272,485| |Depreciation
(Profit)/loss
on disposal
offixed
Interest receivable||assets|370,093
(
1,026)
(
6735)||362,332|362,666
2,416
(18624)|346,458| |(Increase)/decrease
Increase/(decrease)|in debtors
in creditors||(|581)
55532||62,422
~3D0 024|| ||||||54 851||(237 602)| |Net cash inflow from operating||activities|||766 108||381 341| ## ## ##