Registered Company Number : 810183 (England and Wales) REGISTERED CHARITY NUMBER: 526611
Report of the Trustees and Audited Financial Statements for the year ended 31st August 2020 for CHRISTIAN SCHOOLS LTD
Bowyers Limited Chartered Certified Accountants & Statutory Auditor
Portal Business Centre, Dallam Lane
WARRINGTON Cheshire WA2 7LT
CHRISTIAN SCHOOLS LTD Contents of the Financial Statements for the year ended 31st August 2020
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Report of the Independent Auditors | 5 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 10 |
| Detailed Statement of Financial Activities | 18 |
CHRISTIAN SCHOOLS LTD
Report of the Trustees for the year ended 31st August 2020
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year
The trustees have adopted the provisions of Accounting and Reporting by Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP (FRS102))
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
810183 (England and Wales)
Registered Charity number
526611
Registered office
Tower College Mill Lane Rainhill Merseyside L35 6NE
Trustees
Daniel Oxley Alexander Dixon Carol Walpole Celia Parr Karen McCormack Jason Pulford
Company Secretary
Marcus Taylor
Auditors
Bowyers Limited Chartered Certified Accountants & Statutory Auditor Portal Business Centre, Dallam Lane WARRINGTON. WA2 7LT
CHRISTIAN SCHOOLS LTD
Report of the Trustees for the year ended 31st August 2020
REFERENCE AND ADMINISTRATIVE DETAILS
Bankers
Barclays Bank plc 11th Floor 20 Chapel St LIVERPOOL L3 9AG
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Induction and training of new trustees
On appointment new trustees are required to undertake an induction and training programme to help them make a positive contribution to the school process.
Organisational structure
The Board of trustees are responsible for the overall policies and strategy of the company. Day to day management is undertaken by the school principal.
Related parties
Related party details and transactions are shown in the notes to the accounts.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
OBJECTIVES AND ACTIVITIES
Objectives and aims
To establish and carry on a school for girls and boys up to the age of sixteen and to supply a sound spiritual, classical, scientific and general education.
The aim of the school is to provide a rounded education that will provide pupils with the skills necessary to achieve their maximum potential; to provide teachers with a rewarding environment in which to work and to make available the school facilities to the wider community.
The school has a policy of offering academic and music scholarships to both internal and external candidates. Bursaries are also offered to parents who find themselves in financial difficulties or who cannot afford the full fees. Pupils aged three and four are eligible for the Early Years' Grant and funding is made available for statement pupils by two local authorities. Pupils with special needs are welcomed and the school has good links with and support from local authorities.
CHRISTIAN SCHOOLS LTD
Report of the Trustees for the year ended 31st August 2020
OBJECTIVES AND ACTIVITIES
Significant activities
The academic year from September 2019 to July 2020 has been a year unlike any other. A year in which the vagaries of Covid-19 wreaked havoc across all areas of school life. But, as it is said "What doesn’t break you makes you stronger". And stronger we certainly are. The unwavering commitment of staff has meant that we remain strong to thrive again.
Before the pandemic reached lockdown stage the school enrichment programme was in full flow. Our Facebook page, used primarily to celebrate the children's achievement became increasingly popular and had a marked impact on the promotion of the school. Activities such as: STEAM Physics' projects, Model United Nations, Lower School nature club, Pre-prep Graduation Day, Duke of Edinburgh Award, House Sports Competition, ISA Football Competition and Grand Designs as well as many more were showcased and illustrate the amazing depth of life at Tower College. Unfortunately, some of these along with our annual ski trip and residential trip to Lockerbie Manor fell victim to lockdown and subsequent government restrictions. We look forward to introducing a new outstanding enrichment programme when restrictions ease
Though our GCSE results were teacher assessed and not reported in the usual way, they were still excellent. 51% were grades 7-9 with 16% being at the revered Grade . Over 98% were grades 4-9
The accounts show a healthy balance sheet. However this must be viewed in the context of a substantial staff restructure, CJRS / Furlough grants and staff who continued to work accepting a 20% cut in salary
Public benefit
The trustees have complied with the duty contained in section 4 of the Charities Act 2006 relating to public benefit.
FINANCIAL REVIEW
Reserves policy
The trustees have set a policy of retaining reserves equivalent to one term's staff salaries.
Principal funding sources
Principal funding source is school fee income.
FUTURE DEVELOPMENTS
SPORTS HALL - Planning permission has been granted for a much needed addition to the school. Quotations are now being sought from five companies.
TEACHING & LEARNING - With an impending EQI inspection the school is looking to implement dedicated members of staff across the departments to ensure a whole school approach to curriculum development
WELL BEING - To implement a sull strategic programme for pupils and staff - even more vital considering Covid-19 whose extent on mental health is as yet unknown.
CPD - We see this as a catalyst to whole school improvement. We have some exceptional staff who will make a real difference
CHRISTIAN SCHOOLS LTD
Report of the Trustees for the year ended 31st August 2020
STATEMENT OF TRUSTEES RESPONSIBILITIES
The trustees (who are also the directors of Christian Schools Ltd for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
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there is no relevant audit information of which the charitable company's auditors are unaware; and
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the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.
AUDITORS
The auditors, Bowyers Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees and signed on its behalf by:
…………………………………………… Mr Daniel Oxley - Trustee
Date : 18/05/2021
Report of the Independent Auditors to the Members of Christian Schools Ltd
We have audited the financial statements of Christian Schools Ltd for the year ended 31 August 2020 which comprise the Statement of Financial Activities, the Balance Sheet and related notes. The financial reporting framework that has been applied in their preparation is applicable law and the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.
Respective responsibilities of trustees and auditors
As explained more fully in the Statement of Trustees Responsibilities set out on page four, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view.
Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and International Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices Board's Ethical Standards for Auditors, including APB Ethical Standard - Provisions Available for Small Entities (Revised), in the circumstances set out in note 19 to the financial statements
Scope of the audit of the financial statements
An audit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or error. This includes an assessment of: whether the accounting policies are appropriate to the charitable company's circumstances and have been consistently applied and adequately disclosed; the reasonableness of significant accounting estimates made by the trustees; and the overall presentation of the financial statements. In addition, we read all the financial and non-financial information in the Report of the Trustees to identify material inconsistencies with the audited financial statements and to identify any information that is apparently materially incorrect based on, or materially inconsistent with, the knowledge acquired by us in the course of performing the audit. If we become aware of any apparent material misstatements or inconsistencies we consider the implications for our report.
Page 5
Report of the Independent Auditors to the Members of Christian Schools Ltd
Opinion on financial statements
In our opinion the financial statements:
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give a true and fair view of the state of the state of the charitable company's affairs as at 31 August 2020 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
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have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice applicable to Smaller Entities; and
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have been prepared in accordance with the requirements of the Companies Act 2006.
Opinion on other matter prescribed by the Companies Act 2006
In our opinion the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
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adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or
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the financial statements are not in agreement with the accounting records and returns; or
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certain disclosures of trustees' remuneration specified by law are not made; or
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we have not received all the information and explanations we require for our audit; or
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the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies exemption from the requirement
to prepare a Strategic Report or in preparing the Report of the Trustees.
David Clive Bowyer FCCA MAAT (Senior Statutory Auditor) for and on behalf of Bowyers Limited
Chartered Certified Accountants & Statutory Auditor Portal Business Centre, Dallam Lane WARRINGTON. WA2 7LT
Date : 18/05/2021
Page 6
CHRISTIAN SCHOOLS LTD
Statement of Financial Activities for the year ended 31st August 2020
| Notes INCOMING RESOURCES Incoming resources from generated funds Activities for generating funds 2 RESOURCES EXPENDED Cost of Generating Funds Cost of generating income 3 Charitable Activities 4 School Running Costs Governance Costs 6 Total Resources Expended NET (OUTGOING) / INCOMING RESOURCES RECONCILIATION OF FUNDS Total Funds brought forward TOTAL FUNDS CARRIED FORWARD |
2020 Unrestricted Fund £ 3,506,803 2,368,516 503,851 23,752 2,896,119 610,684 1,298,556 1,909,240 |
2019 Total Funds £ 3,532,786 |
|---|---|---|
| 2,764,277 558,526 32,544 |
||
| 3,355,347 | ||
| 177,439 1,121,117 |
||
| 1,298,556 |
The notes form part of these financial statements Page 7
CHRISTIAN SCHOOLS LTD
Balance Sheet As at 31 August 2020
| Notes FIXED ASSETS Tangible assets 10 CURRENT ASSETS Stocks Debtors 11 Cash at Bank and in Hand CREDITORS Amounts falling due within one year 12 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 13 NET ASSETS FUNDS Unrestricated funds 16 |
2020 Unrestricted Fund £ 1,984,766 0 734,444 287,738 1,022,182 (849,608) 172,574 2,157,340 (248,100) 1,909,240 1,909,240 1,909,240 |
2019 Total Funds £ 2,080,548 22,049 668,721 - |
|---|---|---|
| 690,770 (1,128,773) |
||
| (438,003) | ||
| 1,642,545 (343,989) |
||
| 1,298,556 | ||
| 1,298,556 | ||
| 1,298,556 |
The notes form part of these financial statements Page 8
CHRISTIAN SCHOOLS LTD
Balance Sheet (continued) As at 31 August 2020
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102 - effective 1 January 2015) - (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).
The financial statements were approved by the Board of Trustees and were signed on its behalf by
…………………………………………… Date : 18/05/2021 Mr Daniel Oxley -Trustee
The notes form part of these financial statements Page 9
CHRISTIAN SCHOOLS LTD Notes to the Financial Statements for the year ended 31st August 2020
1. ACCOUNTING POLICIES
Basis of Preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and Buildings - 2% on cost Furniture and Equipment etc - 25% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
CHRISTIAN SCHOOLS LTD Notes to the Financial Statements - continued for the year ended 31st August 2020
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The school participates in a multi employer pension scheme, namely the government's Teachers Pension Defined Benefits Scheme, for its teaching staff. The pension liability is the responsibility of the scheme. As a result it is not possible to identify the assets and liabilities of the scheme that are attributable to the school.
2. ACTIVITIES FOR GENERATING FUNDS
| Tuition and registration fees Meals Transport Uniform Sales Swimming, Day Trips & Holidays Twilight & Holiday Club Tower Tots Income Donations Miscellaneous Income COSTS OF GENERATING VOLUNTARY INCOME Staff Costs Direct Running Costs CHARITABLE ACTIVITIES COSTS School Running Costs Direct Costs Support Costs (see note 5) Totals |
2020 £ 2,311,764 244,404 15,387 39,270 76,749 34,914 649,731 - 134,584 3,506,803 2020 £ 1,873,400 495,116 2,368,516 2020 £ 342,412 161,439 503,851 |
2019 £ 2,362,500 273,379 18,220 61,771 70,639 47,099 695,851 630 2,697 |
|---|---|---|
| 3,532,786 | ||
| 2019 £ 2,082,261 682,016 |
||
| 2,764,277 | ||
| 2019 £ 358,574 199,952 |
||
| 558,526 |
3. COSTS OF GENERATING VOLUNTARY INCOME
4. CHARITABLE ACTIVITIES COSTS
CHRISTIAN SCHOOLS LTD Notes to the Financial Statements - continued for the year ended 31st August 2020
| 5. SUPPORT COSTS School Running Costs Management Finance Totals 6. GOVERNANCE COSTS Accountancy Legal & Professional fees Auditors Remuneration 7. NET INCOMING / (OUTGOING) RESOURCES Net resources are stated after charging / (crediting) Auditors Remuneration Depreciation - owned assets Hire of Plant and Machinery Other Operating leases |
2020 £ 80,273 81,166 161,439 2020 £ 5,900 12,352 5,500 23,752 2020 £ 5,500 95,783 89,123 49,371 |
2019 £ 68,665 131,287 |
|---|---|---|
| 199,952 | ||
| 2019 £ 5,900 21,144 5,500 |
||
| 32,544 | ||
| 2019 £ 5,500 109,114 113,664 55,210 |
8. TRUSTEES' REMUNERATION AND BENEFITS
There was no trustee remuneration nor other benefits for either the current or preceeding financial year
Trustees Expenses
| Trustees Expenses | ||
|---|---|---|
| 2020 | 2019 | |
| £ | £ | |
| Total | 687 | 1,540 |
CHRISTIAN SCHOOLS LTD Notes to the Financial Statements - continued for the year ended 31st August 2020
| 9. STAFF COSTS 2020 £ Wages & Employer National Insurance 1,684,186 Pensions 189,214 1,873,400 2020 Principal 1 Teaching Staff 28 Classroom Assistants 6 Nursery & "Twilight" Staff 28 Administration Staff 6 Domestic and Maintenance Staff 6 75 The number of employees whose emoluments fell within the following bands was: 2020 £70,001 - £80,000 1 |
2019 £ 1,906,840 175,421 |
|---|---|
| 2,082,261 | |
| 2019 1 30 9 26 8 8 |
|
| 82 | |
| 2019 1 |
In addition in the current and previous year the higher paid employees referred to above accrued benefits under the TPS scheme.
CHRISTIAN SCHOOLS LTD Notes to the Financial Statements - continued for the year ended 31st August 2020
10. TANGIBLE FIXED ASSETS
| COST At 01 September 2019 Additions At 31 August 2020 DEPRECIATION At 01 September 2019 Charge for year At 31 August 2020 NET BOOK VALUE At 31 August 2020 At 31 August 2019 |
Land and Furniture & Buildings Equipment £ £ 2,167,279 1,221,514 - - 2,167,279 1,221,514 466,640 841,605 34,153 61,629 500,793 903,234 1,666,486 318,280 1,700,639 379,909 |
Totals £ 3,388,793 - |
|---|---|---|
| 3,388,793 | ||
| 1,308,245 95,782 |
||
| 1,404,027 | ||
| 1,984,766 | ||
| 2,080,548 |
The Company's Freehold and Leasehold Land and Buildings was revalued on 31st January 2011 by Carter Jonas Chartered Surveyors on an existing use open market value basis.
| The carrying value of these assets at historic cost was Revalued Amount Comparable Historic Cost and Depreciation value Cost Depreciation At 01 September 2019 Charge for Year At 31 August 2020 Net Historical Cost Value At 31 August 2019 |
£3,023,502 |
|---|---|
| £1,385,000 | |
| 3,023,502 1,019,814 40,074 |
|
| 1,059,888 | |
| 1,963,614 | |
| 2,003,688 |
The trustees are not aware of any material impairment in the carrying value of the assets since the last valuation was undertaken.
CHRISTIAN SCHOOLS LTD Notes to the Financial Statements - continued
for the year ended 31st August 2020
| 11. DEBTORS : AMOUNTS FALLING DUE WITHIN ONE YEAR Trade Debtors Other Debtors 12. CREDITORS : AMOUNTS FALLING DUE WITHIN ONE YEAR Bank Loans and Overdrafts Trade Creditors PAYE Creditor Other Creditors 13. CREDITORS : AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR Bank Loans Other Creditors |
2020 £ 706,127 28,317 734,444 2020 £ - 103,272 28,141 718,195 849,608 2020 £ 78,100 170,000 248,100 |
2019 £ 668,721 - |
|---|---|---|
| 668,721 | ||
| 2019 £ 39,938 125,313 60,404 903,118 |
||
| 1,128,773 | ||
| 2019 £ 106,997 236,992 |
||
| 343,989 |
14. OPERATING LEASE COMMITMENTS
The following operating lease payments are committed to be paid within one year:
| Expiring Between one and five years In more than five years |
2020 £ 89,123 49,371 138,494 |
2019 £ 113,664 55,210 |
|---|---|---|
| 168,874 |
CHRISTIAN SCHOOLS LTD
Notes to the Financial Statements - continued for the year ended 31st August 2020
15. SECURED DEBTS
The following secured debts are included within creditors
| The following secured debts are included within creditors | ||
|---|---|---|
| Bank Overdraft Bank Loan |
2020 £ - 78,100 78,100 |
2019 £ 39,938 106,997 |
| 146,935 |
Bank borrowings are secured by a fixed and floating charge over all assets of the company in favour of Barclays Bank plc.
16. MOVEMENT IN FUNDS
| Unrestricted Funds General Fund TOTAL FUNDS Net movement in funds is as follows Unrestricted Funds General Fund TOTAL FUNDS |
At 01.09.19 Movement £ £ 1,298,556 610,684 1,298,556 610,684 Incoming Resources Resources Expended £ £ 3,506,803 2,896,119 3,506,803 2,896,119 |
At 31.08.20 £ 1,909,240 |
|---|---|---|
| 1,909,240 | ||
| Movement £ 610,684 |
||
| 610,684 |
CHRISTIAN SCHOOLS LTD Notes to the Financial Statements - continued for the year ended 31st August 2020
17. PENSION COMMITMENTS
The teachers pension scheme (TPS) is a statutory, multi employer, contributory, final salary scheme. The regulations under which TPS operates are the Teachers' Pension Regulations 1997, as amended.
These regulations apply to teachers in schools and other educational establishments in England and Wales maintained by local educations authorities and also to teachers in many independent and voluntary aided schools and establishments of further and higher education
Teachers are able to opt out of the TPS
Employer contributions to the TPS are determined externally at a level set to meet the scheme's ongoing commitments. Deficits and surpluses are not known to the company. The company has no liability for deficits.
The scheme falls within the defined benefit pension rules, however Financial Reporting Standards allow certain defined benefit pension schemes to be exempt the discloses required by such a scheme This is applicable to the company's scheme and accordingly disclosures are made in accordance with those required of a defined contribution scheme.
The company also operates a defined contribution pension scheme on behalf of other (non-teaching) employees. Contributions are held independently by the National Employer Savings Trust,
In both cases the pension cost shown in the accounts represents the contributions payable by the company.
18. RELATED PARTY TRANSACTIONS
Mr Daniel Oxley (Trustee) and Miss Rachel Oxley (his sister) are members of the Oxley family with whom the company has entered into a tenancy agreement for the leasehold premises
An annual rental of £50,963 is payable by the charity.
19. APB ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES
In common with many other businesses of our size and nature we use our auditors to assist with the preparation of the financial statements.
CHRISTIAN SCHOOLS LTD Detailed Statement of Financial Activities for the year ended 31st August 2020
| INCOMING RESOURCES Activities for Generating Funds Tuition and registration fees Meals Transport Uniform Sales Swimming, Day Trips & Holidays Twilight & Holiday Club Tower Tots Income Donations Miscellaneous Income Total incoming resources RESOURCES EXPENDED Costs of generating voluntary income Wages & Employer National Insurance Pensions Direct Running Costs Charitable activities (School Running Costs) Equipment Leasing Property Repair & Maintenance Rent Rates and water Insurance Light and heat Sundries Staff Training Governance costs Accountancy Legal & Professional fees Auditors Remuneration |
2020 £ 2,311,764 244,404 15,387 39,270 76,749 34,914 649,731 - 134,584 3,506,803 1,684,186 189,214 495,116 2,368,516 89,123 78,018 49,371 23,146 27,249 69,285 2,981 3,239 342,412 5,900 12,352 5,500 23,752 |
2019 £ 2,362,500 273,379 18,220 61,771 70,639 47,099 695,851 630 2,697 |
|---|---|---|
| 3,532,786 | ||
| 1,906,840 175,421 682,016 |
||
| 2,764,277 | ||
| 113,664 64,055 55,210 17,349 23,171 59,972 10,639 14,514 |
||
| 358,574 | ||
| 5,900 21,144 5,500 |
||
| 32,544 |
This page does not form part of the statutory financial statements
CHRISTIAN SCHOOLS LTD
Detailed Statement of Financial Activities for the year ended 31st August 2020
| Support costs Management Trustees' travelling expenses Telephone Postage and stationery Advertising Donations Subscriptions Finance Bank charges & interest Bad Debt Provision Depreciation of tangible fixed assets Total resources expended Net (expenditure) / income |
2020 £ 687 28,915 759 5,943 2,300 41,669 80,273 34,355 (48,972) 95,783 81,166 2,896,119 610,684 |
2019 £ 1,540 28,996 471 5,104 891 31,663 |
|---|---|---|
| 68,665 | ||
| 25,604 (3,431) 109,114 |
||
| 131,287 | ||
| 3,355,347 | ||
| 177,439 |
This page does not form part of the statutory financial statements