2021-08-31-accounts

Reference and Administrative	Reference and Administrative	Details
Trustees' Report			2 to 9
Independent Auditors'	Report		10to 13
Statement ofFinancial	Activities		14
Balance Sheet			15
Notes to the Financial	Statements		16to 24

			Ayscoughfee	Hall	School Limited	School Limited
			Reference and Administrative			Details
Chairman			Mr H CBaker, Chair
Trustees			Mrs TBaxter
			Mrs D Whatford
			Mrs T L Wright
			Mr P Lawson
			Mrs A Clarke Adams
			Mrs JJeflries
			Mr SNeal
			Rev A Workman
Secretary			Mrs EGibson
Principal	Office		Welland Hall
			London Road
			Spalding
			Lincolnshire
			PE112TE
			The charity is incorporated		in England.
Company	Registration	Number	00612443
Charity Registration		Number	527294
Solicitors			Calthrops
			11 Market Place
			Spalding
			Lincolnshire
			PE11 1SP
Auditor			TC Group
			1 -4 London Rd
			Spalding
			PE112TA

				Unrestricted	Total
			Note	fundsf	2021 f
Income and Endowments		from:
Donations and legacies				2,765	2,765
Other trading activities				866,557	866,557
Investment income				157	157
Total income				869,479	869,479
Expenditure on:
Charitable activities				(716,503)	(716,503)
Other expenditure				(176,446)	(176,446)
Total expenditure				(892,949)	(892,949)
Net expenditure				(23,470)	(23,470)
Net movement in funds				(23,470)	(23,470)
Reconciliation offunds
Total funds brought	forward			1,632,344	1,632,344
Total funds carried	forward		19	1,608,874	1,608,874
				Unrestricted	Total
				funds	2020
			Note	f,
Income and Endowments		from:
Donations and legacies				4,109	4,109
Other trading activities				938,102	938,102
Investment income				1,763	1,763
Total income				943,974	943,974
Expenditure on:
Charitable activities				(770,306)	(770,306)
Other expenditure				(207,258)	(207,258)
Total expenditure				(977,564)	(977,564)
Net expenditure				(33,590)	(33,590)
Net movement in funds				(33,590)	(33,590)
Reconciliation offunds
Total funds brought	forward			1,665,934	1,665,934
Total funds carried	forward		19	1,632,344	1,632,344

				2021	2020
			Note
Fixed assets
Tangible assets			13	1,503,007	1,550,462
Current assets
Debtors			14	15,524	17,165
Cash at bank	and in hand		15	704,519	726,288
				720,043	743,453
Creditors: Amounts		falling due within one year	16	(137,696)	(170,154)
Net current	assets			582,347	573,299
Total assets	less current liabilities			2,085,354	2,123,761
Creditors: Amounts		falling due after more than one year	17	(476,480)	(491,417)
Net assets				1,608,874	1,632,344
Funds ofthe	charity:
Unrestricted	income	funds
Unrestricted	funds			1,608,874	1,632,344
Total funds			19	1,608,874	1,632,344

		Unrestricted
		funds	Total
		Other	funds
Donations	and legacies;
Donations f'rom individuals		2,765	2,765
Total for	2021	2,765	2,765
Total for	2020	4,109	4,109

		Unrestricted
			Total	Total
		Other	2021	2020
Breakdown of'Sales	ofgoods and services'
Trading income;
School fees		803,627	803,627	844,894
Nursery grant income		47,736	47,736	38,667
Kids club income		11,286	11,286	10,455
School fund income		2,512	2,512	24,108
Income &om school	lunches	928	928	15,544
		866,089	866,089	933,668
Net surplus/(deficit)	re accident insurance
Income
Expenditure		(1,379)	(1,379)	(1,588)
		(1,379)	(1,379)	(1,588)
Net surplus/(deficit)	re sport
Income		462	462	5,555
Expenditure		(486)	(486)	(4,127)
		(24)	(24)	1,428
Net surplus/(deficit)	re shop sales
Income		1,690	1,690	292
Expenditure		(704)	(704)	(461)
		986	986	(169
Net surplus/(deficit)	re milk
Income		1,199	1,199	814
Expenditure		(1,178)	(1,178)	(1,016)
		21	21	(202)
		865,693	865,693	933,137
			Unrestricted
			funds	Total
			Other	fundsf
Trading income;
Sales ofgoods and services			865,693	865,693
Property rental income			550	550
Other income &om other trading activities			314	314
Total for 2021			866,557	866,557
Total for 2020			938,102	938,102

								Unrestricted
								funds	Total
								Other	funds
Interest receivable		and	similar		income;
Interest	receivable on bank deposits							157	157
Total for	2021							157	157
Total for	2020							1,763	1,763
6 Expenditure		on charitable			activities
								Unrestricted
								funds	Total
								Other	funds
							Note
Depreciation, amortisation				and	other similar costs			59,145	59,145
Staff costs								619,764	619,764
Allocated	support	costs						37,594	37,594
Total for	2021							716,503	716,503
Total for	2020							770,306	770,306
									Total
									expenditure
7 Management		and administration				costs
								Unrestricted
								funds	Total
								Other	funds
							Note
Staffcosts
Wages and salaries								86,103	86,103
Audit fees
Audit ofthe financial			statements					2,197	2,197
Other fees paid		to auditors						1,500	1,500
Legal fees								14,583	14,583
Other resources expended								72,063	72 063
Total for 2021								176,446	176,446
Total for 2020								207,258	207,258

Net outgoing res	ources for the year include:
		2021	2020
Audit fees		2,197	4,367
Other non-audit	services	1,500	1,500
Depreciation of	fixed assets	59,145	61,418

10 Staff costs
The aggregate payroll	costs were as follows:
										2021			2020
Staff costs during the	year were:
Wages and salaries										608,704			632,848
Pension costs										97,163			93,692
										705,867			726,540
The monthly average	number	of persons		(including	senior	management		team)	employed	by the	charity	during	the	year
expressed as full time	equivalents		was as follows:
										2021			2020
										No			No
Average number ofemployees											26			33
No employee received	emoluments		ofmore	than X60,000 during the year.
The number ofemployees whose		emoluments		fell within	the following		bands	was:
													2020
													No

N	otes to the Financial Statements f	or the Year Ended 31August 2021
		2021	2020
Audit ofthe financial	statements	2,197	4,367
Other fees to auditors
All other non-audit services		1,500	1,500

13 Tangible fixed assets
	Land and	Furniture and	Other tangible
	buildings	equipinent	fixed asset	Total
Cost
At 1 September 2020	1,050,917	335,105	888,353	2,274,375
Additions	9,282	2,409		11,691
At 31 August 2021	1,060,199	337,514	888,353	2,286,066
Depreciation
At 1 September 2020	144,407	278,262	301,244	723,913
Charge for the year	19,210	22,170	17,766	59,146
At 31 August 2021	163,617	300,432	319,010	783,059
Net book value
At 31August 2021	896,582	37,082	569,343	1,503,007
At 31 August 2020	906,510	56,843	587,109	1,550,462

14 Debtors
		2021	2020
		f
Trade debtors		8, 144	6,571
Prepayments	and accrued income	7,380	10,594
		15,524	17,165
15 Cash and	cash equivalents
		2021	2020
Cash on hand		5	5
Cash at bank		704,514	726,283
		704,519	726,288

16 Creditor	s:	amou	n	ts	falling due within one year
								2021	2020
Bank loans								14,937	14,443
Accruals								26,278	67,736
Payments received in				advance				96,481	87,975
								137,696	170,154
Analysis payments			received in advance:
								2021	2020
Registration	fees in		advance
Fees in advance		b/6vd		at	1 September 2020			11,650	8,650
Received in	year							5,600	5,600
Charged to	SOFA in		year					(2,600)	(2,600)
Fees in advance		c/fwd		at	31 August 2021			14,650	11,650
Total payments		received			in advance
Registration	fees							14,650	11,650
School fees	—Autumn			term				81,831	76,324
								96,481	87,974
17 Creditors:		amounts			falling due after one year
								2021	2020
Bank loans								476,480	491,417
18 Share capital
19 Funds
						Balance at 1
						September	Incoming	Resources	Balance at 31
						2020	resources	expended f	August 2021
Unrestricted	funds
Other						1,632,344	873,226	(896,696)	1,608,874
						Balance ar I
						September	Incoming	Resources	Balance at31
						2019	resources	expended	August 2020
Unrestricted	funds
Other						1,665,934	951,166	(984,756)	1,632,344

Current	liabilities
Current	liabilities
21 Analysis ofnet funds

Unrestricted	Total funds at
funds	31August
General	2021
(26,278)	(26,278)
Unrestricted	Total funds at
funds	31August
General	2020
(67,736	(67,736

At 1
September	Financing cash	At 31August
2020	flows	2021
726,288	(21,769)	704,519
726,288	(21,769)	704,519
At 1
September	Financing cash	At 31August
2019	flows	2020
696,426	29,857	726,283
696,426	29,857	726,283

Detailed S	ta	tem	ent ofFinancial Activities f	or the Year Ended 31August 2021
				Total	Total
				2021	2020
Income and Endowments	from:
Donations and legacies (analysed			below)	2,765	4,109
Other trading activities (analysed			below)	866,557	938,102
Investment income (analysed		below)		157	1,763
Total income				869,479	943,974
Expenditure on:
Charitable activities (analysed		below)		(716,503)	(770,306)
Other expenditure (analysed	below)			(176,446)	(207,258)
Total expenditure				(892,949)	(977,564)
Net expenditure				(23,470)	(33,590)
Net movement in funds				(23,470)	(33,590)
Reconciliation offunds
Total funds brought forward				1,632,344	1,665,934
Total funds carried forward				1,608,874	1,632,344

Detailed Sta	te	ment ofFinancial Activities	for the Year Ended 31August 2021
			Total	Total
			2021	2020
Donations and legacies
PTFA Donations			2,765	4,109
			2,765	4,109
Schoolfees and miscellaneous		income
Sales Discounts			(15,962)	(105,365)
School Fees			816,989	947,659
Registration Fees			2,600	2,600
School fund income			2,512	24,108
Milk			1,199	814
Hot Lunches			928	15,544
Sport & Swimming			462	5,555
Shop Sales			1,690	292
Kids Club Income			11,286	10,455
Nursery Grant Income			47,736	38,667
Miscellaneous Income			314	1,736
Lettings Income			550	3,229
Personal Accident Insurance	(Exp)		(1,379)	(1,588)
School Shop Stock			(704)	(461)
Milk Expenditure			(1,178)	(1,016)
Sport Expenditure			(486)	(4,127)
			866,557	938,102
Investment income
Bank Interest Received			157	1,763
			157	1,763
Charitable activities
School operating cost's
ISA/ISI Costs			(2,900)	(4,105)
Staff Salaries			(384,362)	(447,074)
Kids Club Salaries PAYE &	NI		(5,611)	(10,788)
HMRC furlough scheme			16,102	62,676
School fund expenditure			(495)	(12,024)
Employers NI &Income Tax			(148,730)	(147,207)
Employer's Pension			(97,163)	(93,692)
Kids Club Expenditure			(11)	(64)
Hot Lunch Expenses				(14,741)
Class Materials			(4,842)	(4,074)
School Books &Magazines			(8,610)	(15,350)
Computer Costs			(6,351)	(7,629)
Depreciation			(59,145)	(60,418)
Amortisation				(1,000)
Prizes &Donations			(896)	(1,277)
Staff Training Costs			(997)	(1,906)

Det	ail	ed Stateme	nt ofFinancial Activities fo	r the Year Ended 31August 2021
				Total	Total
				2021	2020
Insurance (School)				(12,492)	(11,633)
				(716,503)	(770,306)
Management and	administration		costs
Miscellaneous Expenses				(3,088)	(2,023)
Admin staff cost (Inc		pension cost	re L&G)	(86,103)	(90,455)
Rates				(10,843)	(11,008)
Office Costs				(13,391)	(13,951)
Licences & Subscriptions				(3,081)	(3,450)
Printing, stationery	and advertising			(9,633)	(7,263)
Audit &Accountancy		fees		(1,500)	(1,500)
Auditors remuneration				(2,197)	(4,367)
Payroll Charge				(1,484)	(1,864)
Professional Fees				(13,099)	(3,900)
Repairs and Renewals				(9,383)	(21,231)
School Cleaning				(7,221)	(5,797)
Bank Charges				(259)	(1,587)
Loan Interest Paid				(16,822)	(17,300)
Bad debts				1,658	(21,562)
				(176,446)	(207,258)