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|Trustees||Alan Southgate||
|---|---|---|---|
|||Sarah Corney||
|||Robert Ramos||
|||David Morley||
|||David Jones||
|||Gavin Metheringham||
|Company|Secretary|Mrs M Southgate||
|Treasurer||Dr. Paul Corney||
|Company|number|2185224||
|Charity number||519496||
|Registered|o6ice|Ebenezer Baptist Church||
|||Wyndham<br>Street||
|||Machen||
|||Caerphilly||
|||CF83 8PU||
|Accountants||RH Jeffs &Rowe Limited||
|||Chartered<br>Accountants||
|||Pontypridd||
|||CF372HW||
|Bankers||Lloyds Bank pic||
|||Market Square||
|||Pontypridd||
|Website||http://wyclifchristianschool.|org/|





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|||Page|
|---|---|---|
|Trustees report||1-3|
|Accountants'<br>report|||
|Statement ofFinancial|Activities||
|Balance sheet||6-7|
|Cash flow statement|||
|Notes to the flnancial|statements|9-15|





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|||||Notes|||Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted||Restricted|year to|year to|
||||||||31/07/21|31/07/20|
|Income|||||||||
|Incoming resources||fiom charitable||activities:|||||
|- School Fees|||||365,471||365,471|344,674|
|Voluntary<br>income:|||||||||
|-Gifts, donations|snd other income||||23,693|21,474|45,167|69,774|
|Investment<br>income|||||50||50|29|
|Total Income|||||389,214|21,474|410,688|414,477|
|Expenditure|||||||||
|Charitable<br>activities|||||||||
|- School operating|costs|||3|372,229|21,474|393,703|346,584|
|Total Expenditure|||||372,229|21,474|393,703|346,584|
|Movement<br>in total||funds|for the year:||||||
|Net Incoming<br>(Outgoing)|||resources||||||
|before transfers|||||16,985||16,985|67,893|
|Net Incoming<br>(Outgoing)|||resources||16,985||16,985|67,893|
|Total Funds brought forward|||||230,477||230,477|162,584|
|Total Funds carried forward|||||247,462||247,462|230,477|





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||||Company|Registration|number|2185224|||
|---|---|---|---|---|---|---|---|---|
|||||Balance sheet|||||
|||||as at31July 2021|||||
||||||2021||2020||
||||Notes||||||
|Fixed Assets|||||||||
|Tangible assets||||||122,500||108,205|
|Current Assets|||||||||
|Debtors||||16,015|||15,170||
|Cash at bank|and in|hand||117,252|||113,482||
|||||133,267|||128,652||
|Creditors: amounts||falling|||||||
|due within|one year||7|(8,305)|||(6,380)||
|Net Current|assets|||||124,962||122,272|
|Total Assets|Less Current||||||||
|Liabilities||||||247,462||230,477|
|Funds|||||||||
|Unrestricted|Funds|||||247,462||230,477|
|Restricted Funds|||||||||
|||||||247,462||230,477|





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||||for the y|ear ended 31 July 2021|||
|---|---|---|---|---|---|---|
||||||2021|2020|
|||||Notes|g||
|Reconciliation<br>ofoperating|profit to net||||||
|cash inflow from operating|activities||||||
|Operating<br>profit|||||16,985|67,893|
|Depreciation|||||4,911|4,236|
|(increase) in debtors|||||(845)|(3,029)|
|Increase in creditors|||||1,925|1,715|
|Net cash inflow from operating|||activities||22,976|70,815|
|Cash flow statement|||||||
|Net cash inflow from operating||activities|||22,976|70,815|
|Capital expenditure|||||(19,206)||
|Increase in cash in the year|||||3,770|70,815|
|ReconciTiation ofnet cash flow|||to movement|in net funds (Note )|||
|Increase in cash in the year|||||3,770|70,815|
|Net funds atIAugust 2020|||||113,482|42,667|
|Net funds at31July 2021|||||117,252|113,482|





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|Net Income||||2021|2020|
|---|---|---|---|---|---|
|Net Income|is stated after charging:|||||
|Depreciation|and other|amounts<br>written offtangible|assets|4,911|4,236|
|Independent|Examiners'|remuneration||1,320|1,260|
|Donations,|Gifts dh Other Income|||2021|2020|
|Gifts||||65,042|26,249|
|Gift Aid||||4,732|2,744|
|||||69,774|28,993|





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||Notes to the f|inancial statem|ents<br>for the|year ended 31July 2|year ended 31July 2|021|||
|---|---|---|---|---|---|---|---|---|
|3.|Total Expenditure|Basis of|School|Governance||Total||Total|
|||Allocation|Operating|Costs||year to||year to|
|||||||31/07/21|31/07/20||
||Costs directly allocated to activities<br>Wages and salaries<br>Direct<br>Teaching Materials<br>Direct||315,155<br>10,965|||315,155<br>10,965||279,512<br>8,320|
||Books|Direct||15,848||15,848||10,324|
||||341,968|||341,968||298,156|
||Support costs allocated to activities<br>Rent and maintenance<br>Direct|||23,520||23,520||18,027|
||Wages and salaries (Admin)|Direct||8,228||8,228||6,934|
||Wages - Pension Contributions<br>Printing,<br>postage & stationery|Direct<br>Direct||10,949<br>1,817||10,949<br>1,817||9,247<br>2,144|
||Telephone<br>Accountancy<br>School Events and Other|Direct<br>Direct<br>Direct||3,347<br>(2,357)|1,320|3,347<br>1,320<br>(2,357)||2,274<br>1,260<br>4,306|
||Depreciation|Direct||4,911||4,911||4,236|
|||||50,415|1,320|51,735||48,428|
||||392,383||1,320|393,703||346,584|





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|||||
|---|---|---|---|
|Staff Costs||Total|Total|
|||year to|year to|
|||31/07/21|31/07/20|
||||K|
|Staffcosts during the Period|comprised ofthe following:|||
|Statf Salaries and Expenses||299,332|265,603|
|Social Security Costs||24,051|20,843|
|Pension Contributions||10,949|9,247|
|||334,332|295,693|



|Teachers|||30|26|
|---|---|---|---|---|
|Management|4|Administration|1|1|
||||31|27|





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||||Land and|Property|Fixtures,|Fixtures,||
|---|---|---|---|---|---|---|---|
|5.|Tangible fixed assets||buildings|Improvements|fittings|and||
||||freehold||Equipment||Total|
||Cost|||||||
||At 1 August 2020||59,680|79,420|11,178||150,278|
||Additions|||19,206|||19,206|
||At 31July 2021||59,680|98,626|11,178||169,484|
||Depreciation|||||||
||At 1 August 2020||6,563|26,168||9,342|42,073|
||Charge for the year||597|3,947||367|4,911|
||At 31July 2021||7,160|30,115||9,709|46,984|
||Net book values|||||||
||At 31 July 2021||52,520|68,511||1,469|122,500|
||At 1August 2020||53,117|53,252||1,836|108,205|
|6.|Debtors||||2021||2020|
||Outstanding<br>Fees||||7,683||9,912|
||Gift Aid due||||8,332||4,650|
||PAYE repayable||||||608|
||||||16,015||15,170|
||Creditors: amounts|falling due|||2021||2020|
||within one year|||||||
||Other taxes aud social security costs||||874|||
||Prepaid Fees||||7,431||6,380|
||||||8,305||6,380|





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|Unrestricted/Restricted<br>Funds|||||
|---|---|---|---|---|
||At|Incoming|Outgoing<br>Transfers||
||01/08/20|Resources|Resources|31/07/21|
|Unrestricted<br>Funds|||||
|-School Operation|230,477|389,214|(372,229)|247,462|
|Restricted Funds|||||
|-Building Modernisation||21,474|(21,474)||
||230,477|410,688|(393,703)|247,467.|
|Analysis ofNet Assets between Funds||||Total|
||||Unrestricted||
|Tangible Fixed Assets|||122,500|122,500|
|Current Assets|||133,267|133,267|
|Current Liabilities|||(8,305)|(8,305)|
||||247,462|247,462|



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|||2021||2020||
|---|---|---|---|---|---|
|Turnover||||||
|Fees receivable|||365,471||344,674|
|Donations,<br>Gifts and Other Income|||45,167||69,774|
||||410,638||414,448|
||||(299,332)||(265,603)|
|Gross protit||27/o|111,306|36/o|148,845|
|Employer's NI contributions||24,051||20,843||
|Pension contributions||10,949||9,247||
|Rent and maintenance||23,520||18,027||
|Teaching Materials||10,965||8,320||
|Books||15,848||10,324||
|Printing, postage &stationery||1,817||2,144||
|Telephone||3,347||2,274||
|School Events and Other||(2,357)||4,306||
|Depreciation<br>on Ireehold|property|597||597||
|Depreciation<br>on property|improvements|3,947||3,179||
|Depreciation<br>on fixtures|&equipment|367||460||
|Accountancy||1,320||1,260||
||||(94,371)||(80,981)|
|Operating<br>profit||4'/o|16,935|16'/o|67,864|
|Other income and expenses||||||
|Interest receivable||||||
|Bank deposit interest||50||29||
||||50||29|
|Net profit for the year|||16,985||67,893|