2021-08-22-accounts

Governo	rs		Mrs E M MacAulay	(Chair)
			Mr T F Barnes
			Mr G D Dawber
			Mr TJWareham
			Mrs LWindow
			Mrs N M Wood
			Mr RBWWood
			Mrs S Kelly
Headmaster			Mr D Goulbourn
Secretary			Mr D Goulbourn
Business		Manager	Mrs P Dhoot
Charity	number		525929
Company		number	00661518
Registered		office	Pownall Hall School
			Carrwood Road
			Pownall Park
			Wilmslow
			Cheshire
			SK95DW
Auditor			Josolyne LLP
			Merchant Exchange
			Waters Green
			Macclesfield
			Cheshire
			SK116JX
Bankers			Lloyds Bank Group	Pic
			223 Finney Lane
			Cheadle
			Cheshire
			SKS 3PY

		Page
Governors' report		1-5
Statement ofGovernors' responsibilities
Independent auditor's	report	7-10
Statement offinancial	activities
Statement offinancial	position	12
Statement ofcash flows		13
Notes to the financial	statements	14-32

					Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
					funds	funds		funds	funds
			Notes		2021	2021 6	2021 6	2020 6	2020 6	2020f
me n	ndowm		n	f	m.
Gifts and special receipts				3	2,000		2,000	2,250	16,067	18,317
Incoming resources
from charitable
activities				4	2,072,881		2,072,881	2,120,864		2,120,864
Investment income				5	20		20	47		47
Other incoming
resources				6	34,974		34,974	91,418		91,418
Total income					2,109,875		2,109,875	2,214,579	16,067	2,230,646
Raising funds				7	8,940		8,940	31,656		31,656
Charitable activities				8	2,180,003	15,530	2,195,533	2,287,810	15,532	2,303,342
Other				12	104,131		104,131	82,255		82,255
Total expenditure					2,293,074	15,530	2,308,604	2,401,721	15,532	2,417,253
Net expenditure		for the		yearl
Net movement	in funds				(183,199)	(15,530)	(198,729)	(187,142)	535	(186,607)
Fund balances	at	30August
2020					(1,405,767)	210,098	(1,195,669)	(1,218,625)	209,563	(1,009,062)
Fund balances	at 29		August
2021					(1,588,966)	194,568	(1,394,398)	(1,405,767)	210,098	(1,195,669)

		2021	2020
	Notes
Fixed assets
Property, plant and equipment	13	1,069,111	1,153,030
Current assets
Trade and other receivables	15	43,205	93,393
Cash at bank and in hand		204,584	243,487
		247,789	336,880
Current liabilities	16	(2,617,747)	(2,634,074)
Net current liabilities		(2,369,958)	(2,297,194)
Total assets less current liabilities		(1,300,847)	(1,144,164)
Non-current liabilities	19	(93,551)	(51,505)
Net liabilities		(1,394,398)	(1,195,669)
income funds
Restricted funds	22	194,568	210,098
Unrestricted funds		(1,588,966)	(1,405,767)
		(1,394,398)	(1,195,669)

						2021		2020
					Notes	5
Cash flows from operating			activities
Cash (sbsorbed by)/generated			from		27
operations							(62,308)		120,018
Investing activities
Purchase of property,	plant	and equipment				(13,501)		(47,596)
Interest received						20		47
Net cash used in investing			activities				(13,481)		(47,549)
Financing activities
Increase/(repayment)	of non		bank borrowings					55,000
Proceeds of new bank loans						50,000
Increase/(repayment)	ofobligations			under
finance leases						(13,114)		(37,297)
Net cash generated	from financing
activities							36,886		17,703
Net (decrease)/increase in		cash and			cash
equivalents							(38,903)		90,172
Cash and cash equivalents		at beginning			ofyear		243,487		153,315
Cash and cash equivalents			at end	of	year		204,584		243,487

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2021f	2021	2021 8	2020 8	2020 6	2020 8
Donations	and gifts	2,000		2,000	2,250	16,067	18,317
Incoming	resources	from charitable	activities
				Gross fees	Less: Total	Total	Total
					bursarles,	2021	2020
					grants and
					allowances
				2021	2021
				2	2
Sales within charitable		activities		2,257,481	(200,978)	2,056,503	2,083,733
Other income				16,378		16,378	37,131
				2,273,859	(200,978)	2,072,881	2,120,864

		Unrestricted	Unrestricted
		funds	funds
		2021	2020
Interest	receivable	20	47

		Unrestricted	Total
		funds
		2021	2020
Government	grants	34,974	91,418
		34,974	91,418

				Unrestricted	Unrestricted
				funds	funds
				2021	2020
					6
Fundr	i		licit
Advertising				8,940	6,256
Other	fundraising		costs		25,400
Fundraising		and	publicity	8,940	31,656
				8,940	31,656

				Teaching	Premises	Support	Total	Total
						costs of	2021	2020
						schooling
				2021	2021	2021
				6		6
Staff costs				1,341,485	56,233	247,021	1,644,739	1,721,590
Depreciation	and	impairment		55,423	38,557	3,440	97,420	106,359
Other charitable		expenditure		50,582	175,966	189,592	416,140	438,218
				1,447,490	270,756	440,053	2,158,299	2,266,167
Share ofgovernance			costs (see note 9)
						37,234	37,234	37,175
				1,447,490	270,756	477,287	2,195,533	2,303,342
Analysis by	fund
Unrestricted	funds			1,444,074	258,642	477,287	2,180,003	2,287,810
Restricted funds				3,416	12,114		15,530	15,532
				1,447,490	270,756	477,287	2,195,533	2,303,342
Forthe year	ended		29August 2020
Unrestricted	funds			1,547,794	279,843	460,173		2,287,810
Restricted funds				3,416	12,116			15,532
				1,551,210	291,959	460,173		2,303,342

Supportcosts
		Support	Governance	2021	2020 Basis ofallocation
		costs	costs
		E	6
Staff costs		247,021		247,021	233,208
Depreciation		3,440		3,440	2,951
Printing, postage	and
office stationery		22,935		22,935	22,693
Telephone costs		5,818		5,818	7,271
Motor and travel		6,895		6,895	8,741
School costs		50,462		50,462	53,149
Computer costs		20,974		20,974	38,518
Legal, professional	and
consultancy fees		1,530		1,530	1,325
Equipment hire		5,848		5,848	5,255
Bad and doubtful	debts
		60,119		60,119	40,300
Subscdptions and
donations		3,089		3,089	5,974
Sundry expenses		11,888		11,888	3,613
Audit fees			12,600	12,600	12,000 Governance
Accountancy and	payroll		21,660	21,660	21,288 Governance
School inspection	costs		2,974	2,974	3,887 Governance
		440,019	37,234	477,253	460,173
Analysed between
Charitable activities		440,053	37,234	477,287	460,173

		2021	2020
		Number	Number
Teaching	staff	46	50
Support	staff	16	17
Total		62	67

Employees		(Continued)
Employment costs	2021	2020
	6	6
Wages and salaries	1,341,773	1,404,095
Social security costs	111,442	119,932
Other pension costs	191,524	197,563
	1,644,739	1,721,590

2021	2020
Number	Number

				2021	2020
Financing	interest	and	charges	104,131	82,255
				104,131	82,255

13	Property, plant and	eq	uipm	ent
								Freehold land			Fixture, Motor vehicles			Total
								and bug dinge			fittings, plant
									f	and equipment 8		5
	Cost
	At 30August 2020							1,601,891			982,665	27,000	2,611,556
	Additions										13,501			13,501
	At 29August 2021							1,601,891			996,166	27,000	2,625,057
	Depreciation and impairment
	At 30August 2020							682,177			756,099	20,250	1,458,526
	Depreciation charged	in the		year					30,715		59,955	6,750		97,420
	At 29August 2021							712,892			816,054	27,000	1,555,946
	Carrying amount
	At 29August 2021							888,999			180,112		1,069,111
	At 29August 2020							919,714			226,566	6,750	1,153,030
	The net carrying value		of	tangible			fixed assets	includes	the following in respect of assets				held	under
	finance leases or hire	purchase				contracts. The depreciation			charge		in respect of such assets		amounted to
	631,371 (2020 - F35,164)for the					year.
												2021		2020
												6		6
	Motor vehicles													6,750
	Computers and office	equipment										62,418		87,039
												62,418		93,789
14	Financial instruments											2021		2020
												8		8
	Carrying amount offinancialassets
	Debt instruments measured			at amoitised cost								26,442		90,720
	Carrying amount offinancial				liabilities
	Measured at amortised		cost									2,015,690	1,930,309

Trade and other receivables
Amounts falling due within one year:	2021f	2020 6
Trade receivables	26,322	81,564
Other receivables	120	9,156
Prepayments and accrued income	16,763	2,673
	43,205	93,393

Current liabilities
		2021	2020
	Notes		6
Bank loans	17	8,333
Obligations under finance leases	18	23,802	37,295
Other borrowings		1,508,000	1,508,000
Other taxation and social security		93,945	227,805
Deferred income	20	601,663	527,465
Trade payables		68,165	37,126
Other payables		233,133	214,846
Accruals		80,706	81,537
		2,617,747	2,634,074

		2021	2020
		6	6
Bank loans		50,000
Other loans		1,508,000	1,508,000
		1,558,000	1,508,000
Payable	within one year	1,516,333	1,508,000
Payable	after one year	41,667

			2021f	2020 E
Within	one	year	33,869	47,492
Within	two	and five years	62,546	66,824
			96,415	114,316
Less:	future	finance charges	(20,729)	(25,516)
			75,686	88,800

Non-current	liabilities
			2021	2020
		Notes	8
Bank loans		17	41,667
Obligations	under finance leases	18	51,884	51,505
			93,551	51,505

		2021	2020
Arising	from Advance fees and deposits	601,663	527,465
Fees in	advance movement	2021
		E
Brought	forward August 2019	527,465
Utilised	in year	(527,465)
Received in the year		601,663
Carried	forward atAugust 2020	601,663

					Movement	in funds
				Balance at	Incoming	Resources	Balance at	Resources	Balance at
				30August	~ssourcas	expended	30August	expended	29August
				2019			2020		2021
							6		6
Roofappeal				90,177		(2,576)	87,601	(2,576)	85,025
Playmatt	Netball/Tennis
COUrt				20,390		(537)	19,852	(537)	19,315
Cheshire	East Council
Quality Improvement			Grant	2		(2)
Playground				8,868		(2,217)	6,651	(2,217)	4,434
EYFSCanopy and		play
area				13,850		(2,620)	11,231	(2,620)	8,611
Nursery	canopy			3,129		(626)	2,503	(626)	1,877
Astro turf				35,517		(756)	34,761	(756)	34,005
Outdoor	classroom	and
lighting				12,182		(1,517)	10,665	(1,517)	9,148
Cricket works				4,028		(82)	3,946	(82)	3,864
Radio station				9,600		(2,400)	7,200	(2,400)	4,800
Ipads				4,064		(1,016)	3,048	(1,016)	2,032
Stage lighting, sound			and
recording	equipment			7,756		(862)	6,894	(862)	6,032
Outdoor	play area				16,067	(321)	15,746	(321)	15,425
				209,563	16,067	(15,532)	210,098	(15,530)	194,568

23	Analysis	ofnet assets	between funds
			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2021	2021	2021	2020	2020	2020
			f		f	F	6
	Fund balances at 29
	August 2021 are
	represented by:
	Property,	plant and
	equipment		874,543	194,568	1,069,111	942,932	210,098	1,153,030
	Current assets/
	(liabilities)		(2,369,958)		(2,369,958)	(2,297,194)		(2,297,194)
	Long term	liabilities	(93,551)		(93,551)	(51,505)		(51,505)
			(1,588,966)	194,568	(1,394,398)	(1,405,767)	210,098	(1,195,669)

	2021	2020
	6	6
Within one year	900	1,200
Between two and five years		900
	900	2,100

Cash generated from	Cash generated from	operations	operations			2021	2020
						8
Deficit for the year						(198,729)	(186,607)
Adjustments for:
Investment income	recognised		in statement		offinancial activities	(20)	(47)
Depreciation and impairment ofproperty,				plant and equipment		97,420	106,359
Movements in working		capital:
Decrease/(increase)	in	trade and other receivables				50,188	(27,028)
(Decrease)/increase	in	trade and other payables				(85,365)	181,857
Increase in deferred	income					74,198	45,484
Cash (absorbed by)/generated			from operations			(62,308)	120,018

Analysis of	changes in net (debt)/funds
		At 30August	Cash flows	At 29August
		2020		2021
		E		f
Cash at bank and in hand		243,487	(38,903)	204,584
Loans falling	due within one year	(1,508,000)	(8,333)	(1,516,333)
Loans falling	due after more than one year		(41,667)	(41,667)
Obligations	under finance leases	(88,800)	13,114	(75,686)
		(1,353,313)	(75,789)	(1,429,102)