#
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||||||
|---|---|---|---|---|
|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|
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||||||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)|
##
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|||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)|
##
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|||||||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|
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|||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|
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|||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|
##
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|||||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|
##
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##
|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|
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##
|||||2021|2020|
|---|---|---|---|---|---|
|Financing|interest|and|charges|104,131|82,255|
|||||104,131|82,255|
##
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##
|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||
##
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##
|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||
##
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##
||||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||
##
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##
||||||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|
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|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|
##
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##
|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)|
##