2021-08-31-accounts

Governors		J Keep
		I Greenshields
		I Smales
		L Keightley
		L Dowie
		I Henderson
		K Bainbridge
		K Manzo
		J Rowley
Charity number		528143
Company	number	00669916
Registered	office	Westfield School
		Oakfield Road
		Gosforth
		Newcastle	upon Tyne
		NE3 4HS
Auditor		Haines Watts
		Chartered	Accountants
		17Queens	Lane
		Newcastle	Upon Tyne
		NE1 1RN
Bankers		Barclays Bank PLC
		71 Grey Street
		Newcastle	upon Tyne
Solicitors		Wamble Bond Dickinson		LLP
		One Trinity
		Broad Chare
		Newcastle	upon Tyne
		NE1 2HF

			Unrestricted	Unrestricted	Restricted	Total	Total
			Fund	Funds	funds	202'I	2020
			general	designated
		Notes	R
Income from:
Donations and legacies Charitable activities Investment Income Other Income		3 4 5	86,600 2,288,954 20		14,020 625 851	100,620 2,289,579 871	193,558 2,431,437 1,442
Total Income			2,375,574		15,496	2,391.070	2,626,437
Costs of providing education Other costs		6 8	2,212,762 81,360	10,292	8,110	2,231,164 81,360	2,365,792 94,782
Total expenditure			2,294,122	10,292	8,110	2,312,524	2,460,574
Net gains/(losses) on investments							(428)
Net incomfng resources	before
transfers			81,462	(10,292)	7,386	78,546	165,435
Gross transfers between	funds
Net incoming resources			81,452	(10,292)	7,386	78,546	165,435
Other recognised gafns	and losses
Revaluation oftangible fixed assets
Net movement in funds			81,452	(10,292)	7.386	78,546	165,435
Fund balances at 1 September 2020			1,574,864	47,565	33,223	1,655,652	1,490,217
Fund balances at 31August 2021			1,666,316	37,273	40,609	'1,734,198	1,655,652

(Operating as Wes	tfleld School)
Salance Sheet
As at 31August 2021
		Notes			2021	2020
Fixed assets
Tangible assets		13			3,904,183	3,SS6,301
Investments		14				23,677
					3,904,183	3,919,978
Current assets
Stock		15	2,093			1,264
Debtors		18	160,e74			16S,422
Cash at bank and in	hand		146,616			99,118
			309,583			26e,e04
Creditors: amounts	falling due within
One year		17	( 631,958	)		( 462,922 )
Net current liabilities					( 232,375 )	( 194,118 )
Total assets less current liabilities					3,671,808	3,725,860
Creditors: amounts	falling due after
more than one year		17		(	1,847,610 )	( 2,070,208 )
Net assets					1,734,198	1,655,652
Income funds
Restricted funds		22			40,609	33.223
r trio ed funds
Designated funds			37,273			47,565
General unrestricted	funds		1,656,316			1.574,864
					1,693,589	1,622.429
					1,734,1S8	1,655.652

				Notes	2021		2020
					R	R
Cash flows from operating		activities
Cash generated from/(absorbed			by)
operations				27	138,242		(151,327)
Investing activities
Purchase oftangible fixed	assets				( 26,677 )	( 15,789	)
Interest received					871	1,442
Unrealised gain on investments						428
Proceeds on the sale offixed		assets			23,677
Net cash (used in)lgenerated			from
Investing activities					( 2,129)		(	13,919)
Financing activities
Repayment ofborrowings
Repayment ofbank loans					( 88,615 )	(133,166)
Payment ofobligations under		finance
leases
Cash infiows from new borrowings						164,000
Net cash used in financing		activities			( 88,615 )			30,834
Net (decreased)lincrease	in	cash
and cash equivalents					47,498		( 134,412 )
Cash and cash equivalents	at	beginning
ofyear					99,118		233,530
Cash and cash equivalents		at	end ofyear		146,616		99,118

Freehold land and buildings	2%on cost less 99%residual	2%on cost less 99%residual	value	value
Equipment	20% reducing	balance (Computer		equipment	20% straight
	line)
Fixtures &fittings	15%reducing	balance
Motor vehicles	over expected	useful life of5	years

			2021f	2020
Donations	and gifts		43,119	121,093
Government		grants	57,501	72,465
			100,620	193,558

	The government	The government	grants	grants	received	received	during the year relate to the CJRSclaimed.
4	Income from charitable				activities
								2021	2020
	Provision of	educational			services			2,289,579	2,431,437
	Analysis of	fund
	Unrestricted	funds —general						2,288,954	2,430,974
	Restricted funds							625	463
								2,289,579	2,431,437
5	Investments
								2021	2020
								E	K
	Income from	unlisted		investments
	Interest receivable							871	1,442
								871	1,442
6	Expenditure	on	charitable			activities
								2021	2020
									E
	Staff costs							1,493,465	1,571,511
	Education costs							131,287	200,111
	Depreciation	and	impairment					26,908	58,146
	Support and	governance			costs (note 7)			579,504	536,024
								2,231,164	2,365,792
	Analysis by	fund
	Unrestricted	funds -		general				2,223,054	2,352,843
	Restricted funds							8,110	12,949
								2,231,164	2,365,792

7	Support costs
		Support	Governance
		costs	costs	2021	2020
			f.
	Staff costs	250,891		250,891	247,825
	Other school costs	182,306		182,306	126,074
	Premises costs	125,503		125,503	140,608
	Audit fees		5,250	5,250	5,250
	Legal and professional		15,554	15,554	16,267
		558,700	20,804	579,504	536,024
8	Other costs
				2021	2020f
	Financing costs			81,360	94,782

Staff costs were as follows:	Staff costs were as follows:
			2021	2020
			E
Wages and salaries			1,368,678	1,425,092
Social security costs			124,473	129,237
Other pension costs			251,206	275,728
			1,744,356	1,830,057
The average monthly	number ofemployees	during the year was:
			2021	2020
			Number	Number
Teaching/Catering			49	52
Support			7	7
			56	59

		2021	2020
		Number	Number
660,000	- E70,000	1	1

	This is stated	after charging:
			2021	2020
	Depreciation		18,795	58,146
	Operating lease expense		56,122	36,390
12.	Auditor'e remuneration
			2021	2020
				f
	Fees payable	to the charity's auditors for the audit
	ofthe charity's	annual accounts	5,250	5,250

						Unlisted
					Investments
	Cost or valuation
	At 1 September 2020					23,318
	Disposal					(23,318)
	Al 31 August 2021
	Historical cost
15	Stocks
					2021	2020
					f
	Catering supplies	and	consvmables		2,093	1,264
16	Debtors
					2021	2020
	Amounts falling	due	within one year:		E	f.
	Trade debtors				142,961	156,257
	Prepayments and	accrued income			17,913	12,165
					160,874	168,422
17	Creditors: amounts		falling due within one year
				Notes	2021 E	2020f
	Bank loans			18	177,444	69,847
	Obligations under	finance leases		19
	Other taxation and social security				60,721	31,101
	Deferred Income 8 Fees in advance				292,073	241,928
	Trade creditors				30,571	22,274
	Other creditors				37,601	30,358
	Accruals				33,248	67,414
					631,958	462,922

17	Creditors: amounts falling due after m	ore than one year
			2021	2020
		Notes	f	f
	Bank loans	1$	1,037,610	1,125,354
	Other borrowings		810,000	900,000
	Deferred income			44,854
			1,847,610	2,070,208
1B	Loans and overdraft
			2021	2020
			f	f
	Bank loans		1,125,354	1,195,201
	Other loans		900,000	900,000
			2,025,354	2,095,201
	Payable within one year		177,744	69,847
	Payable after one year		1,847,610	2,025,354

Financial	instrum	ents
						2021 f	2020f
Carrying	amount	offinancial		assets
Debt instruments		measured	at amortised		cost	142,961	156,257
Equity instruments		measured		at cost less	impairment		23,67?
Carrying	amount	offinancial		liabilities
Measured	at amortised cost					2,259,862	2,390,504

Year ended 31Au	ust 2021	ust 2021
			At 1					At 31
			September					August
			2020	Income	Expenditure	Transfers		2021
			f		R
Unrestricted funds			1,574,864	2,375,864	( 2,294,122 )			1,656,316
Designated funds
Comelius Project			6,128					6,128
Fundraising Future	Development		41,437		{10,292 )			31,145
Total designated		funds	47,565		( 10,292 )			37,273
Restricted funds
The Prize and Bursary Fund			5,296	409	(844 )			4,861
The Old Girls' Association			10,856	404				11,260
The Governors Fund for Round
Square Projects			830					830
The Margaret Crombie Memorial
Scholarship Fund			14,297	663				14,960
The Library Fund			1,213		( 1,213	)
Mrs Hulls Donation	Fund		115		(115)
Junior House Play	Equipment		616		(616)
			33,223	15,496	(8,110)			40,609
Total			1,655,652	2,391,070	{2,312,524 )		-	1,734,198

The income funds of the charity include restricted funds comprising					the following		unexpended			bal	ances of
donations and grants held on trust for specific purposes:
Year ended 31Au	ust 2020
			At 1								At 31
			September								August
			2019	Income		Expenditure		Transfers			2020
										F
Unrestricted funds			1,442,925	2,579,564		( 2,447,625 )					1,574,864
Designated funds
Cornelius Project			6,128								6,128
Fundraising Future	Development			46,063		( 12,626		)	8,000		41,437
Total unrestricted		funds
Restricted funds
The Prize and Bursary Fund			5,321	181		(206 )					5,296
The Old Girls' Association			10,393	463							10,856
The Governors Fund for Round
Square Projects			830								830
The Margaret Crombie Memorial
Scholarship Fund			14,353	166		(222		)			14,297
The Library Fund			1,427			(214		)			1,213
Mrs Hulis Donation	Fund		115								115
Junior House Play	Equipment		725			(109)					616
Fundraising for future development			8,000						(8,000 )
			41,164	810		( 751 )			( 8,000 )		33,223
Total			1,490,217	2,626,417		( 2,461,002 )				-	1,655,652
Designated Funds

Year ended 31Au ust 2021	Unrestricted	Designated	Designated	Restricted
	Funds		Funds	Funds		Total
	2021		2021f	2021 K		2021 E
Tangible assets	3,904,183				3,904,183
Investments
Current assets/(Liabilities)	( 310,257	)	37,273	40,609		(232,375 )
Long term liabilities	( 1,937,610 )			-	(1,937,610)
	1,656,316		37,273	40,609		1,734,198
Year ended 31Au ust 2020	Unrestricted		Designated	Restricted
	Funds		Funds	Funds		Total
	2020		2020	2020		2020
	E		K	F.
Tangible assets	3,896,301					3,896,301
Investments				23,677		23,677
Current assets/(Liabilities)	( 251,229	)	47,565	9,546	( 194,118)
Long term liabilities	( 2,070,208	)			(	2,070,208 )
	1,574,864		47,565	33,223		1,655,652

	2021	2020
	E	E
Within one year	56,122	46,796
Between lwo and five years	35,129	57,911
	91,251	104,707

Cash generated from operations						2021	2020
						R
(Deficit)/surplus for	the year					78,546	165,435
Adjustments for:
Investment income	recognised	in	statement	offinancial	activities
Fair value gains and	losses on	investments
Depreciation and impairment oftangible fixed assets						18,795	58,146
Movements in working capital:
(Increase)/decrease	in stocks					(829)	67
(Increase) in debtors						7,548	(33,058)
Increase/(decrease)	in creditors					34,182	(341,917)
Cash generated from/(absorbed			by) operations			138,242	(151,327)

Analy	sis ofchanges in net debt
		At 1Sep	Cash	At 31Aug
		2020f	flows R	2021 K
Long	term borrowings	( 2,025,354 )	87,744	( 1,937,610 )
Short	term borrowings	( 69,847 )	( 1?,897 )	( 87,744 )
Total	liabilities	( 2,095,201 )	69,847	( 2,025,354 )
Cash	and cash equivalents	98,118	48,498	146,616
		( 1,996,083 )	118,345	( 1,877,738)

					Unrestricted	Unrestricted	Restricted	Total
					Fund	Funds	funds	2020
				Notes	general f	designated E
Income from:
Donations and	legacies				147,495	46,063		193,558
Charitable activities					2,430,974		463	2,431,437
Investment Income					1,095		347	1,442
Other Income
Total Income					2,579,564	46,063	810	2,626,437
Costs of providing		education		7	2,352,843	12,626	323	2,365,792
Other costs				11	94,782			94,782
Total expenditure					2,447,625	12,626	323	2,460,574
Net gains/(losses)		on investments		12			(428)	(428)
Net incoming	resources		before
transfers					131,939	33,437	59	165,435
Gross transfers	between		funds			8,000	(8,000)
Net incoming	resources				131,939	41,437	(7,941)	165,435
Other recognised		gains	and losses
Revaluation of	tangible fixed assets
Net movement	in	funds			131,939	41,437	(7,941)	165,435
Fund balances	at 1 September 2019				1,442,925	6,128	41,164	1,490,217
Fund balances	at	31August 2020			1,574,864	47,565	33,223	1,655,652