2021-08-31-accounts - The St Peter And St Paul School Trust

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Pages:
	Reference and administrative		details of the charitable	company,	its trustees	and
	advlsol s
2 to 8	Report of the trustees
9to 12	Independent auditors'	report
	Statement of financial	activities
14	Balance sheet
15	Statement of cash flows
16to 27	Notes forming part of	the financial statements

				2021	2020
Cash flow from operating activities
Net cash generated /(used)	in	operating	See below	284,464	115,440
activities
Cash flows from investing activities
Purchase of tangible fixed assets				(19,109)	(10,853)
Proceeds on sale of tangible fixed	asset:s
Net cash used in investing activities				(19,109)	(10,853)
Cash flows from financing activities
Hire purchase repayments				(2,333)	(2,799)
Loan repayments				(25,421)	(17,606)
Cash from new borrowings					50,000
Net cash generated/(used)	in	financing		(27,754)	29,595
activities
Change in cash and cash equivalents		in the year		237,601	134,182
Cash and cash equivalents brought	forward			(1,599)	(135,781)
Cash and cash equivalents carried	forward		See below	236 002	1 599
Reconciliation ofnet movement	in	funds to net	cash flow from	operating activities
Net surplus/(deficit) for the year	(as	per
statement of financial activities				142,336	28,175
Depreciation charge				14,756	13,613
(Increase)/decrease in stocks				(1,434)	(3,405)
Decrease/{Increase) in debtors				20,842	2,813
Increase/{Decrease) in creditors				107,964	74,244
Net cash provided by operating activities				284 464	115440
Analysis ofcash and cash equivalents
Bank and Cash in hand				236,002	200
Overdraft repayable on demand					(1,799)
Net cash and cash equivalents				236 002	1 599

Temporary	buildings	over 15years	straight	line
Furniture	and fittings	15%straight	line
Computer		25%straight	line

1	Accounting Policies (con	tinu	ed)
1.15	Termination benefits
	Termination benefits are	employee		benefits payable as a result of the school's			decision
	to terminate an employee's		employment		before the normal retirement	date.
2	Income from donations	and	legacies		2021		2020
							E
	Donations and legacies				3,866		1,197
3	Income from charitable	activities
	Fee income				1,010,818		932,113
	Discounts and bursaries				(88,040)		(91,447)
	Fees for other activities				66,589		45,026
	Net fees				989,367		885,692
4	Other trading activities
	Income from school uniform		shop		18,483		18,663
	Rent received				37,209		38,405
	Fundraising events
	Holiday and breakfast clubs				20,603		10,684
	Furlough scheme				1,021		42,168
					77,316		109,920

Expenditure on charitable	Expenditure on charitable	Expenditure on charitable	Expenditure on charitable	activities	activities		2021		2020
							E		E
Costs of running	the		school
Teaching staff costs							492,057		518,459
Staff training and	welfare						660		8,947
Disbursements							24,202		20,758
Event costs							188		12
Uniform shop purchases							15,913		11,019
Rent, rates and water							10,756		10,490
Grounds costs							1,975		993
Light and heat							16,435		17,274
Insurance							13,730		15,093
Repairs, renewals	and		cleaning				20,553		23,725
Telephone							4,823		3,334
Subscriptions and	journals						7,286		6,824
Software licences	and		maintenance				13,692		14,032
Professional fees							21,260		10„512
Postage and stationery							6,794		5,081
Advertising and marketing							6,161		5,025
Sundries							843		828
Lease and hire of	equipment						6,369		10,025
Lease of minibus							10,855		10,820
Motor expenses							618		1,873
Kitchen supplies							23,539		20,409
Books and classroom		materials					8,048		11 772
Bad debts							{1,576)		5,535
Bank charges							3,511		8,150
Loan interest							14,167		15,400
Hire purchase interest							593		644
Depreciation							14,756		13,613
							738,208		770,647
Share of support costs {seenote					6)		159,066		174,217
Share of Governance			costs (see		note 6)		30,939		23,770
							928,213		968,634
Support Costs
				Support		Governance	2021	2020	Basis of
				Costs		Costs			allocation
					E	E	E	E
Salaries, wages and	related			159,066		22,537	181,603	196,095	Allocated	on
costs									Time
Accounting and finance			fees			8,402	S,402	1,892	Governance
				159,066		30,939	190,005	197,987

	Gains Act	1992to the extent that these ar	e applied to its charitable objects	.
8	Staff costs
			2021	2020
			E	E
	Analysis	ofstaff costs:
	Salaries		484,584	522,382
	National	insurance	33,760	36,243
	Agency staff		85„529	79,243
	Pension	costs	69,786	76,686
			673,659	714,554

12	Creditors: amounts falling due within one year	Creditors: amounts falling due within one year	Creditors: amounts falling due within one year	2021	2020
				E	E
	Bank loan and overdrafts		(secured see note 14)	32,757	31,691
	Trade creditors			24,694	19,564
	Hire purchase contracts		(secured see note 14)		2*333
	Other taxation and	social security		9,319	8,748
	Other creditors			6,969	6,492
	Accruals			72,734	70,079
	Deferred income -	fees	paid in advance	448,191	371,234
				594,664	510,141
13	Creditors: amounts falling due after more than			2021	2020
	one year:			E
	Bank loan (secured	- see note 14)		308,107	336,393
	Deferred income -	non-current		18,776
	Other creditors			29,150	25,750
				356,033	362,143
	An analysis of maturity		ofdebt is as follows:
	Repayable in more	than	one year but not more
	than two years:
	Bank loan			33,574	37,409
	Deferred income -	non-current		18,776
	Other creditors			3,350	2,600
	Repayable between	two	and five years:
	Bank loan			111,619	123,943
	Other creditors			25,800	23,150
	Repayable in more	than	five years:
	Bank loan			162,913	175,041
				362,142	362,143

Deferred	income	income
Deferred	income at 1 September 2020		371,234	303,128
Resources	deferred	during the year	466,967	371,234
Amounts	released	from previous years	(371,234)	(303,128)
Deferred	income at 31 August 2021		466,967	371,234
Disclosed	as:
Creditors:	amounts	falling due within one year	448,191	371,234
Creditors:	amounts	falling due in more than one year	18,776