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|---|---|---|---|
|Report ofthe Governors|1|to|14|
|Report ofthe Independent
Auditors|15|to|18|
|Statement ofFinancial Activities||19||
|Balance Sheet|20|to|21|
|Cash Flow Statement||22||
|Notes to the Cash Flow Statement||23||
|Notes to the Financial Statements|24|to|33|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Endowment|Total|Total|
|||||funds|fund|funds|funds|
||||Notes|5||6||
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies|||3|56,376||56,376|75,066|
|Charitable
activities|||5|||||
|Fees and collection charges||||731,183||731,183|718,758|
|Investment
income||||653||653|1,209|
|Total||||788,212||788,212|795,033|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|Teaching
and welfare|costs|||649,311||649,311|748,321|
|Running
costs & maintenance||||270,385||270,385|299,092|
|Governance||||7,950||7,950|7,900|
|Total||||927,646||927,646|1,055,313|
|Net gains/(losses)
on|investments|||||~99}|1,288|
|NET INCOME/(EXPENDITURE)||||(139,533)||(139,533)|(259,032)|
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought|forward|||1,259,520|752|1,260,272|1,519,304|
|TOTAL FUNDS CARRIED FORWARD||||1,119,987|752|1,120,739|1,260,272|
##
|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Endowment|Total|Total|
|||funds|fund|funds|funds|
||Notes|5|6|6|6|
|FIXEDASSETS||||||
|Tangible assets|11|1,155,310||1,155,310|1,162,284|
|Investments|12|35,563|752|36,315|35,887|
|||1,190,873|752|1,191,625|1,198,171|
|CURRENT ASSETS||||||
|Stocks|13|6,208||6,208|8,903|
|Debtors|14|123,436||123,436|94,529|
|Investments|15|58,139||58,139|120,610|
|Cash at bank||6,293||6,293|94|
|||194,076||194,076|224,136|
|CREDITORS||||||
|Amounts
falling due within one year|16|(189,309)||(189,309)|(141,360)|
|NET CURRENT ASSETS||4,767||4,767|82,776|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||1,195,640|752|1,196,392|1,280,947|
|CREDITORS||||||
|Amounts
falling due after more than one year 17||(75,653)||(75,653)|(20,675)|
|NET ASSETS||1,119,987|752|1,120,739|1,260,272|
|FUNDS|20|||||
|Unrestncted
funds||||1,119,987|1,259,520|
|Endowment
funds||||752|752|
|TOTAL FUNDS||||1,120,739|1,260,272|
##
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##
||||2021|2020|
|---|---|---|---|---|
|||Notes|F|F|
|Cash flows from|operating|activities|||
|Cash generated
from operations
1|||~80,847)|(242,690)|
|Net cash used
in|operating|activities|~80,847)|(242,690)|
|Cash flows from|investing|activities|||
|Purchase
oftangible
fixed assets
Sale of current asset investments|||(25,425)
62,471|(22,990)
262,124|
|Net cash provided|by investing
activities||37,046|239,134|
|Cash flows from|financing|activities|||
|New loans
in year|||50,000||
|Net cash provided|by financing
activities||50,000||
|Change
in cash
in the reporting|and cash
period|equivalents|6,199|(3,556)|
|Cash and cash equivalents||at the|||
|beginning
ofthe|reporting|period|94|3,650|
|Cash and cash equivalents||at the end|||
|ofthe reporting|period||6,293|94|
||RECONCILIATION
OF NET EXPENDITURE TO|RECONCILIATION
OF NET EXPENDITURE TO|RECONCILIATION
OF NET EXPENDITURE TO|NET CASH FLOW FROM OPERATING|NET CASH FLOW FROM OPERATING||
|---|---|---|---|---|---|---|
||ACTIVITIES||||||
||||||2021
f|2020
E|
||Net expenditure
for the reporting||period (as per the Statement||||
||ofFinancial Activities)||||(139,533)|(259,032)|
||Adjustments
for:
Depreciation
charges||||32,399|45,838|
||Losses/(gain)
on investments
Decrease/(increase)
in stocks||||99
2,695|(1,248)
(405)|
||Increase
in debtors||||(28,907)|(33,643)|
||Increase
in creditors||||52,400|5,800|
||Net cash used
in operations||||~80,847)|~242,690)|
|2.|ANALYSIS OF CHANGES|IN NET|FUNDS||||
|||||At 1.9.20
E|Cash flow
E|At 31.8.21
f|
||Net cash||||||
||Cash at bank|||94|6,199|6,293|
|||||94|6,199|6,293|
||Liquid resources||||||
||Deposits
included
in cash
Current asset investments|||120,610|~62,471|58,139|
|||||120,610|~62,471)|58,139|
||Debt||||||
||Debts falling due within
1 year
Debts falkng due after 1 year||||(8,874)
~41,126|(8,874)
~41,126|
||||||~50,000)|~50,000)|
||Total|||120,704|(106,272)|14,432|
##
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||||||2021|2020|
|---|---|---|---|---|---|---|
|||||||6|
|Donations|and sundry||receipts||46,954|47,488|
|Grants|||||9,422|27,578|
||||||56,376|75,066|
|Grants received,||included||in the above, are as follows:|||
||||||2021|2020|
||||||F|F|
|Other grants|||||9,422|27,578|
||||||9,422|27,578|
##
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##
||||2021|2020|
|---|---|---|---|---|
|Investment|income||653|1,209|
|INCOME FROM CHARITABLE ACTIVITIES|||||
||||2021
F|2020
f|
|School fees|||1,027,572|991,754|
|add School|fees received|in advance|60,589|49,678|
|less School fees carried forward
less Bursaries and allowances|||(78,393)
~278,585)|(60,589)
~252,584)|
||||731,183|718,759|
|CHARITABLE ACTIVITIES COSTS|||||
|||||Support|
|||||costs (see|
|||||note 7)|
|Teaching
and welfare costs||||649,311|
|Running
costs &maintenance||||270,385|
|Governance||||7,950|
|||||927,646|
||||2021|2020
f|
|Teaching and welfare costs|||||
|Staff costs|||576,820|646,947|
|Depreciation|||17,585|25,078|
|Other operating
charges|||54,907|76,296|
||||649,311|748,321|
|Running costs and maintenance|||||
|Staff costs|||92,716|81,924|
|Depreciation|||14,814|20,760|
|Other operating
charges|||162,855|196,408|
||||270,385|299,092|
|Governance|costs||||
|Auditors'
remuneration|||7,950|7,900|
||||7,950|7,900|
##
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|SUPPORT C||OSTS|||||||
|---|---|---|---|---|---|---|---|---|
||||||||Governance||
||||||Management|Finance|costs|Totals|
||||||F||6|F|
|Teaching and||welfare costs|||649,311|||649,311|
|Running
costs & maintenance|||||269,530|855||270,385|
|Governance|||||||7,950|7,950|
||||||918,841|855|7,950|927,646|
|Support costs,||included|in the|above, are as follows:|||||
||||||||2021|2020|
|||||Teaching|||||
|||||and|Running||||
|||||welfare|costs &||Total|Total|
|||||costs|maintenance|Governance||activities|
|||||activities|||||
||||||5||||
|Wages||||576,819|92,716||669,535|728,871|
|Rates and water|||||22,150||22,150|31,223|
|Light and heat|||||28,587||28,587|29,623|
|Telephone|||||4,074||4,074|3,520|
|Postage and|stationery||||34,594||34,594|43,205|
|Sundries|||||46,567||46,567|86,840|
|Provisions||||38,888|||38,888|28,540|
|School books||and|||||||
|materials||||16,019|||16,019|14,033|
|Repairs and renewals|||||26,028||26,028|32,321|
|Inspection costs||||||||2,567|
|Depreciation|oftangible||||||||
|and heritage|assets|||17,585|14,814||32,399|45,838|
|Bank charges|||||855||855|832|
|Auditors'
remuneration||||||7,950|7,950|7,900|
|||||649,311|270,385|7,950|927,646|1,055,313|
##
|Net inco|me/(e|xpenditure)
is stated after charging/(credi|ting):||
|---|---|---|---|---|
||||2021|2020|
||||5|8|
|Auditors'|remuneration||7,950|7,900|
|Depreciation||- owned assets|32,399|45,838|
##
##
##
|STAFF COS|TS|||||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||||6|E|
|Wages and salaries||||||669,535|728,871|
|||||||669,535|728,871|
|The average|monthly|number||of employees|during the year was as follows:|||
|||||||2021|2020|
|Teachers and|assistants||(full|time)||3|3|
|Teachers and|assistants||(part|time)||18|21|
|Self employed||||||6|6|
|Administration|- Office|||||2|2|
|Administration|- Kitchen|||||4|4|
|Administration|-Caretaker|||||1|1|
|||||||34|37|
##
##
|TANGIBLE FIXEDASSETS||||
|---|---|---|---|
|||Fixtures||
||Freehold|and||
||property|fittings
f|Totals
F|
|COST||||
|At 1 September 2020|1,571,999|467,268|2,039,267|
|Additions|15,000|10,425|25,425|
|At 31 August 2021|1,586,999|477,693|2,064,692|
|DEPRECIATION||||
|At 1 September 2020|410,129|466,854|876,983|
|Charge for year|21,560|10,839|32,399|
|At 31 August 2021|431,689|477,693|909,382|
|NET BOOK VALUE||||
|At 31 August 2021|1,155,310||1,155,310|
|At 31 August 2020|1,161,870|414|1,162,284|
##
|12.|FIXEDASSET INVESTMENTS|FIXEDASSET INVESTMENTS|FIXEDASSET INVESTMENTS|FIXEDASSET INVESTMENTS||||
|---|---|---|---|---|---|---|---|
||||||||I isted|
||||||||investments|
||||||||6|
||MARKET VALUE|||||||
||At 1 September 2020||||||35,887|
||Revaluations||||||428|
||At 31August 2021||||||36,315|
||NET BOOK VALUE|||||||
||At 31 August 2021||||||36,315|
||At 31August 2020||||||35,887|
||There were no investment|||assets outside the UK.||||
||Cost or valuation|at 31 August 2021 is represented|||by.|||
||||||||Listed|
||||||||investments|
||||||||F|
||Valuation
in 2021||||||36,315|
|13.|STOCKS|||||||
|||||||2021|2020|
|||||||8|6|
||Finished goods|||||6,208|8,903|
|14.|DEBTORS:AMOUNTS||FALLING DUE WITHIN||ONE YEAR|||
|||||||2021|2020|
||||||||E|
||Trade debtors|||||114,277|84,999|
||Prepayments
and|accrued||income||9,159|9,530|
|||||||123,436|94,529|
|15.|CURRENT ASSET INVESTMENTS|||||||
|||||||2021|2020|
||||||||F|
||Short term deposits|||||58,139|120,610|
|FIXEDASS|ET INVESTM|ENTS||||
|---|---|---|---|---|---|
|||||I isted||
|||||investments||
|||||6||
|MARKET VALUE||||||
|At 1 September 2020||||35,887||
|Revaluations|||||428|
|At 31August|2021|||36,315||
|NET BOOK|VALUE|||||
|At 31 August|2021|||36,315||
|At 31August|2020|||35,887||
|There were|no investment|assets outside the UK.||||
|Cost or valuation
at 31 August 2021 is represented|||by.|||
##
##
|||||||
|---|---|---|---|---|---|
|16.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||
|||||2021|2020|
|||||5|5|
||Bank loans and overdrafts||(see note 18)|8,874||
||Trade creditors|||44,625|31,187|
||Social security and other||taxes|11,152|10,322|
||Other creditors|||7,835|12,877|
||Accruals and deferred|income||116,823|86,974|
|||||189,309|141,360|
|17.|CREDITORS: AMOUNTS||FALLING DUE AFTER MORE THAN ONE YEAR|||
|||||2021|2020|
|||||f|6|
||Bank loans (see note|18)||41,126||
||Deposits
held|||34,527|20,675|
|||||75,653|20,675|
|18.|LOANS|||||
||An analysis
ofthe maturity||of loans is given below:|||
|||||2021|2020|
||||||F|
||Amounts
falling due within||one year on demand:|||
||Bankloans|||8,874||
||Amounts
falling between||one and two years:|||
||Bank loans - 1-2years|||10,648||
||Amounts
falling due between two and five years:|||||
||Bank loans - 2-5 years|||30,478||
|19.|LEASING AGREEMENTS|||||
|Minimum
lease payments
under non-cancellable
oper|ating
leases fall due as follows.||
|---|---|---|
||2021|2020|
|||6|
|Within one year|2,592|1,907|
|Between one and five years|6,480||
||9,072|1,907|
##
|MOVEMENT||IN FU|NDS||||||
|---|---|---|---|---|---|---|---|---|
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1.9.20
F|in funds|funds
f|31 821
f|
|Unrestricted||funds|||||||
|General
fund|||||64,915|(81,106)|(45,160)|(61,351)|
|Designated
Designated|fixed asset
repairs fund|||fund|1,162,284
32,321|(32,399)
~26,029)|25,425
19,735|1,155,310
26,028|
||||||1,259,520|(139,533)||1,119,987|
|Endowment||funds|||||||
|Prize funds|||||752|||752|
|TOTAL FUNDS|||||1,260,272|~139,533)||1,120,739|
|Net movement||in funds,||included|in the above are as follows:||||
||||||Incoming|Resources|Gains and|Movement|
||||||resources
f|expended|losses
f|in funds
f|
|Unrestricted||funds|||||||
|General
fund|||||788,212|(869,219)|(99)|(81,106)|
|Designated|fixed asset|||fund||(32,399)||(32,399)|
|Designated|repairs||fund|||~26,028)||~26,028)|
||||||788,212|~927,646|~99)|139,533|
|TOTAL FUNDS|||||788,212|(927,646)|~99)|(139,533)|
##
|Comparative|s
for|movement
in fu|nds||||
|---|---|---|---|---|---|---|
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.9.19|in funds
f|funds
f|31.8.20|
|Unrestricted|funds||||||
|General
fund|||299,367|(180,873)|(53,579)|64,915|
|Designated
Designated|fixed asset fund
repairs
fund||1,185,132
34,053|(45,838)
~32,327)|22,990
30,589|1,162,284
32,321|
||||1,518,552|(259,032)||1,259,520|
|Endowment|funds||||||
|Prize funds|||752|||752|
|TOTAL FUNDS|||1,519,304|~259,032)||1,260,272|
##
##
##
|Comparative|net movement
in funds,|included
in the abo|ve are as follows:|||
|---|---|---|---|---|---|
|||Incoming|Resources|Gains and|Movement|
|||resources
6|expended
6|losses
f|in funds
8|
|Unrestricted|funds|||||
|General
fund||795,033|(977,154)|1,248|(180,873)|
|Designated
Designated|fixed asset fund
repairs fund||(45,838)
~32,321)||(45,838)
~32,321)|
|||795,033|)1,055,873)|1,248|~259,032)|
|TOTAL FUNDS||795033|3),055,3)3)|1,248|~259,032)|
|A current ye|ar 12 months
and prior|year 12 months
combi|ned
position
is a|s follows:||
|---|---|---|---|---|---|
||||Net|Transfers||
||||movement|between|At|
|||At 1.9.19|in funds|funds|31.8.21|
|||F|F|6|6|
|Unrestricted|funds|||||
|General
fund||299,367|(261,979)|(98,739)|(61,351)|
|Designated
Designated|fixed asset fund
repairs fund|1,185,132
34,053|(78,237)
~58,349)|48,415
50,324|1,155,310
26,028|
|||1,518,552|(398,565)||1,119,987|
|Endowment|funds|||||
|Prize funds||752|||752|
|TOTAL FUNDS||1,519,304|~398,595)||1,120,739|
|above are a|s follows:|||||
|---|---|---|---|---|---|
|||Incoming|Resources|Gains and|Movement|
|||resources|expended|losses|in funds|
|||F||||
|Unrestricted|funds|||||
|General fund||1,583,245|(1,846,373)|1,149|(261,979)|
|Designated|fixed asset fund||(78,237)||(78,237)|
|Designated|repairs fund||~58,349)||~58,349)|
|||1,583,245|(1,982,959)|1,149|~398,565|
|TOTAL FUNDS||1,583,245|(1,982,959)|1,149|(398,565)|
##
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