## ## ## ## |Trustees||||||Ms. G. A. Balleys|Ms. G. A. Balleys|||| |---|---|---|---|---|---|---|---|---|---|---| |||||||Mr. D.A. Hook||||| |||||||Mr. G. Primrose||||| |||||||Mrs. W. Smith||||| |||||||Mr. A. C Herron||||| |||||||Ms. M Kuyper||||| |Secretary||||||Mr. G. Primrose||||| |Charity number|||(England||and Wales)|312865||||| |Company|number|||||1055588||||| |Registered||office||||Brockwood Park||||| |||||||Bramdean||||| |||||||Alresford||||| |||||||Hampshire||||| |||||||SO24 OLQ||||| |Professional||advisors||and|key personnel|Mr. A. Autor|||Principal|| |||||||Ms M. Masoumian|||Bursar|| |||||||Mr. B.Taylor|||Development|| |||||||Mr. N. Shamim|||Foundation|| |||||||Mr. T.Lehmann|||Main School (Brockwood Park School)|| |||||||Mrs. K.Power|||Inwoods|Small School| |Solicitors||||||Veale Wasbrough||Vizards LLP||(VWV)| |||||||With offices in London,|||Watford,|Bristol, Birmingham| |||||||Paris Smith||||| |||||||1 London Road||||| |||||||Southampton||||| |||||||50152AE||||| |Banker||||||NatWest Bank Pic||||| |||||||Winchester
Old|Bank|||| |||||||105 High Street||||| |||||||Winchester||||| |||||||Hampshire||||| |||||||SO23 9AH||||| |Auditor||||||Azets Audit Services||||| |||||||Athenia
House||||| |||||||10-14Andover|Road|||| |||||||Winchester||||| |||||||Hampshire||||| |||||||SO23 TBS||||| |Websites||||||Main School|||r 'o|k.rood 912 rik| |||||||Small School||||| |||||||Foundation||||| |||||||Centre||||| |||||||F.O.B||||| |||||||Global||||ir rk n-| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---|---|---|---| ||||||||funds|funds||| ||||||||2021|2021|2021|2020| |||||||Notes|f||6|f| |Income from:||||||||||| |Donations
and legacies|||||||882,233|193,724|1,075,957|1,459,794| |Deposit account||interest|||||4,617||4,617|9,244| |Income from charitable|||activities||||1,651,071||1,651,071|1,860,331| |Total income|||||||2,537,921|193,724|2,731,645|3,329,369| |~Ed i||||||||||| |Charitable
activities||||||||||| |Conferences||||||||||5,416| |Charitable
trading||costs||||||||14,250| |Pubhcity|||||||42,610||42,610|59,872| |Royalties payable||(including|||KFA)||31,641||31,641|28,459| |Irrecoverable
school fees and bad debts|||||||36,566||36,566|745| |Direct costs|||||||758,285|30,937|789,222|983,489| |Food and household
costs|||||||149,385||149,385|177,731| |Archive costs|||||||3,377||3,377|856| |Premises costs|||||||327,464|22,197|349,661|387,010| |Support costs|||||||326,266|3,989|330,255|355,609| |Depreciation|||||||138,545|65,799|204,344|202,634| |Governance
costs|||||||47,993|70|48,063|32,969| |Total charitable||expenditure|||||1,862,132|122,992|1,985,124|2,249,040| |Total resources||expended|||||1,862,132|122,992|1,985,124|2,249,040| |Net incoming/(outgoing)||||resources||||||| |before transfers|||||||675,789|70,732|746,521|1,080,329| |Gross transfers|between||funds|||20|126,698|(126,698)||| |Net movement|in funds||||||802,487|(55,966)|746,521|1,080,329| |Fund balances at||1 August||2020|||4,588,420|2,380,784|6,969,204|5,888,875| |Fund balances|at 31July|||2021|||5,390,907|2,324,818|7,715,725|6,969,204| ## ## ## ||||||||Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---|---|---| ||||||||funds|funds|| ||||||||2020|2020|2020| |||||||Notes|6|6|6| |Income from:|||||||||| |Donations
and legacies|||||||565,455|894,339|1,459,794| |Deposit account||interest|||||9,244||9,244| |Income from charitable|||activities||||1,860,331||1,860,331| |Total income|||||||2,435,030|894,339|3,329,369| |~Edit|||||||||| |Charitable
activities|||||||||| |Conferences|||||||5,416||5,416| |Charitable
trading||costs|||||14,250||14,250| |Pubhcity|||||||59,872||59,872| |Royalties payable||(including|||KFA)||28,459||28,459| |Irrecoverable
school fees and bad debts|||||||745||745| |Direct cost|||||||979,965|3,524|983,489| |Food and household
costs|||||||177,731||177,731| |Archive costs|||||||52|804|856| |Premises costs|||||||386,999|11|387,010| |Support costs|||||||341,160|14,449|355,609| |Depreciation|||||||131,314|71,320|202,634| |Governance
costs|||||||31,062|1,907|32,969| |Total charitable||expenditure|||||2,157,025|92,015|2,249,040| |Total resources||expended|||||2,157,025|92,015|2,249,040| |Net incoming/(outgoing)||||resources|||||| |before transfers|||||||278,005|802,324|1,080,329| |Gross transfers|between||funds|||20|122,559|(122,559)|| |Net movement|in funds||||||400,564|679,765|1,080,329| |Fund balances at||1 August||2019|||4,187,856|1,701,019|5,888,875| |Fund balances|at 31July|||2020|||4,588,420|2,380,784|6,969,204| ## ## ## |||||||2021||2020|| |---|---|---|---|---|---|---|---|---|---| ||||||Notes|6||6|| |Fixed assets|||||||||| |Tangible assets|||||10||4,341,962||4,424,195| |Investments|||||11||100||100| ||||||||4,342,062||4,424,295| |Current assets|||||||||| |Stocks|||||12|32,635||24,225|| |Debtors|||||13|489,604||211,426|| |Investments|||||14|516,598||512,378|| |Cash at bank and||in|hand|||3,850,694||2,576,445|| |||||||4,889,531||3,324,474|| |Creditors:|amounts||falling due within||||||| |one year|||||15|(941,255)||(724,410)|| |Net current|assets||||||3,948,276||2,600,064| |Total assets less||current liabilities|||||8,290,338||7,024,359| |Creditors: amounts|||falling due after||||||| |more than|one year||||16||(530,833)||| |Provisions|for liabilities||||17||(43,780)||(55,155)| |Net assets|||||||7,715,725||6,969,204| |Income funds|||||||||| |Restricted
funds|||||20||2,324,818||2,380,784| |Unrestricted|funds||||||||| |General
unrestricted|||funds||21|3,303,625||3,055,030|| |Designated|unrestricted|||funds|21|2,087,282||1,533,390|| ||||||||5,390,907||4,588,420| ||||||||7,715,725||6,969,204| ## ## ## ||||||2021|||2020|| |---|---|---|---|---|---|---|---|---|---| |||||Notes|6||||| |Cash flows from operating|||activities||||||| |Cash generated
from operations||||27||780,580|||979,293| |Investing||activities|||||||| |Increase|in current asset investments||||(4,220)||(512,378)||| |Purchase||oftangible
fixed assets|||(122,111)||(63,271|)|| |Net cash||used in investing|activities|||(126,331)|||(575,649)| |Financing||activities|||||||| |Proceeds||on new loan|||650,000||||| |Repayment||of loan|||(30,000)||(60,000)||| |Net cash||used in financing|activities|||620,000|||(60,000)| |Net increase
in cash and cash equivalents||||||1,274,249|||343,644| |Cash and||cash equwalents|at beginning|ofyear||2,576,445|||2,232,801| |Cash and||cash equivalents|at end of|year||3,850,694|||2,576,445| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---| ||||funds|funds||| ||||2021
f|2021f|2021f|2020f| |Donations|and gifts||315,388|193,544|508,932|476,567| |Legacies receivable|||566,845|180|567,025|983,227| ||||882,233|193,724|1,075,957|1,459,794| |For the year||ended 31 July 2021|565,455|894,339||1,459,794| |Analysed|by funds|||||| ||||Unrestricted|Restricted|Total|Total| ||||funds|funds||| ||||2021
f|2021
f|2021f|2020
f| |Donations||and gifts||||| |Main School|||36,972|177,348|224,320|243,452| |Inwoods
Small School|||1,350|425|1,775|3,151| |Foundation|||244,392|15,771|250,163|186,906| |Adult Study||Centre|32,674||32,674|43,058| ||||315,388|193,544|508,932|476,567| |Legacies|receivable|||||| |Main School|||189,376|180|189,556|671,676| |Inwoods
Small School|||5,719||5,719|| |Foundation|||371,750||371,750|300,652| |Adult Study||Centre||||10,899| ||||566,845|180|567,025|983,227| ## ## ## ## |||Note|Unrestricted|Total|Unrestricted|Total| |---|---|---|---|---|---|---| ||||funds|2021|funds|2020| ||||2021f||2020
6|| |School fees|||1,255,472|1,255,472|1,461,025|1,461,025| |Board and lodging|||51,195|51,195|151,435|151,435| |Royalties|||68,115|68,115|85,490|85,490| |Trading
activities|||13,365|13,365|17,314|17,314| |Recovenes from staff and||||||| |students|||63,612|63,612|52,717|52,717| |Government|grants|18|144,504|144,504|78,014|78,014| |Other income|||54,808|54,808|14,336|14,336| ||||1,651,071|1,651,071|1,860,331|1,860,331| ## |||Unrestricted|Total|Unrestricted|Total| |---|---|---|---|---|---| |||funds|2021|funds|2020| |||2021||2020|| |||6|6|6|| |Main School||1,437,237|1,437,237|1,512,842|1,512,842| |Inwoods|Small School|27,382|27,382|149,204|149,204| |Foundation||91,500|91,500|102,751|102,751| |Adult Study Centre||94,952|94,952|95,534|95,534| |||1,651,071|1,651,071|1,860,331|1,860,331| ## ||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---| ||funds|funds|2021|funds|funds|2020| ||2021
6|2021
6||2020
6|2020f|| |Main School|1,286,295|118,934|1,405,229|1,381,193|80,777|1,461,970| |Inwoods
Small School|74,469||74,469|255,230||255,230| |Foundation|228,552|4,058|232,610|242,554|11,238|253,792| |Adult Study Centre|272,816||272,816|278,048||278,048| ||1,862,132|122,992|1,985,124|2,157,025|92,015|2,249,040| ## ## ## ## |6|Support and g|overna|nce
co|sts||||||| |---|---|---|---|---|---|---|---|---|---|---| |||||Support|Governance||2021|Support|Governance|2020| |||||costs|costs|||costs|costs|| |||||6||8||6|f|| ||Staff costs|||132,872|||132,872|128,763||128,763| ||Communications|||11,890|||11,890|13,877||13,877| ||Travelling
and|motor||12,164|||12,164|30,794||30,794| ||Insurance|||31,795|||31,795|29,238||29,238| ||Irrecoverable
VAT|||49,883|||49,883|55,330||55,330| ||Stationery
and|office costs||60,921|||60,921|60,182||60,182| ||Loan interest
paid|||11,038|||11,038|1,895||1,895| ||Other costs|||19,692|||19,692|35,530||35,530| ||Audit and accountancy||||9,583||9,583||11,650|11,650| ||Legal and professional||fees||38,480||38,480||21,319|21,319| |||||330,255|48,063||378,318|355,609|32,969|388,578| |7|Net movement|in funds|||||||2021
6|2020f| ||Net movement|in funds is stated after charging/(crediting)||||||||| ||Fees payable
to the charitable|||company's|auditor for|the|audit of the|||| ||charitable
company's||financial|statements|||||9,750|9,500| ||Depreciation
of|owned|tangible|fixed assets|||||204,344|202,634| ## ## ## ## ## ## |The average
monthly
number offull-time
equivalent
emplo|yees
during the year was:|| |---|---|---| ||2021|2020| ||Number|Number| |Teaching and support|45|59| |Promotion
and publicity|1|1| |Management
and administration|10|11| ||56|71| |Employment
costs|2021|2020| |Wages and salaries|804,763|966,269| |Social security costs|41,515|51,142| |Provision
for staff leaving|25,423|21,320| |Other pension costs|12,276|14,770| ||883,977|1,053,501| ## ## ## |10|Tangible|Assets||||| |---|---|---|---|---|---|---| |||||Land and|Plant and|Total| |||||buildings|machinery|| |||||6||| ||Cost|||||| ||At 1 August 2020|||7,198,813|828,166|8,026,979| ||Additions||||122,111|122,111| ||At 31 July|2021||7,198,813|950,277|8,149,090| ||Depreciation
and impairment|||||| ||At 1 August 2020|||2,898,241|704,543|3,602,784| ||Depreciation
charged||in the year|143,394|60,950|204,344| ||At 31 July|2021||3,041,635|765,493|3,807,128| ||Carrying|value||||| ||At 31 July|2021||4,157,178|184,784|4,341,962| ||At 31 July|2020||4,300,572|123,623|4,424,195| ## ## ## ## |12|Stocks|||||||| |---|---|---|---|---|---|---|---|---| ||||||||2021
E|2020f| ||Stock for fuel||||||8,980|9,326| ||Goods for resale||||||23,655|14,899| ||||||||32,635|24,225| |13|Debtors|||||||| ||||||||2021|2020| ||Amounts
falling due within||||one year:||E|E| ||School fees recoverable||||||39,291|131,249| ||Trade debtors||||||60,813|42,792| ||Amount
owing from|subsidiary|||||1,158|1,158| ||Other debtors||||||388,342|36,227| ||||||||489,604|211,426| |14|Current asset investments|||||||| ||||||||2021f|2020
E| ||Cash held m deposit|accounts|||with maturity|over 90days|516,598|512,378| |15|Creditors: amounts|falling||due within one||year||| ||||||||2021|2020| ||||||||E|E| ||Trade creditors||||||104,703|33,605| ||Amounts
owing to KFA|||||||6,022| ||Taxes and social security||||||8,216|25,510| ||School fees in advance||||||573,021|406,840| ||Fee and textbook deposits||||||92,982|118,300| ||Loan from A G Educational|||Trust||||30,000| ||Other creditors and|accruals|||||43,166|104,133| ||Coronavirus
interruption||loan||||119,167|| ||||||||941,255|724,410| |16|Creditors: amounts|falling||due after more||than one year||| ||||||||2021|2020| ||Coronavirus
interruption||loan||||530,833|| ||The CBIL loan is secured||by the assets ofthe company.|||||| ## ## ## |17|Provisions for liabilities and charges|Provisions for liabilities and charges||| |---|---|---|---|---| ||||2021|2020| ||||E|E| ||Provision|for staff leavin||| ||Balance|at 1"August 2020|55,155|52,060| ||Used in|the year|(41,889)|(18,360)| ||Charge for the year||30,514|21,455| ||Balance|at 31"July 2021|43,780|55,155| ## ## |||||||0
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Cl| |fD|||||||| |N|||||||| |0D|||||||| ## ## ## ## ## ## ## ## ## |27|Cash generated
from|Cash generated
from|operations|operations|||||2021|2020f| |---|---|---|---|---|---|---|---|---|---|---| ||Surplus for the year||||||||746,521|1,080,329| ||Adjustments
for:|||||||||| ||Depreciation
and impairment
of|||tangible|fixed||assets||204,344|202,634| ||Increase/(decrease)|in|provision||||||(11,375)|3,095| ||Movements
in working||capital:|||||||| ||(Increase)/decrease|in|stock||||||(8,410)|641| ||(Increase)/decrease|in|debtors||||||(278,178)|(48,129)| ||Increase/(decrease)|in|creditors|due within||one year|||127,678|(259,277)| ||Cash (absorbed
by)/generated|||from operations|||||780,580|979,293| |28|Analysis ofchanges||in net debt|||||||| |||||||||1 August 2020|Cash flows|31July 2021| |||||||||8|8|8| ||Cash at bank and in|hand||||||2,576,445|1,274,249|3,850,694| ||Borrowings
including|Coronavirus||interruption|||loan|(30,000)|(620,000)|(650,000)| |||||||||2,546,445|654,249|3,200,694|