2020-12-31-accounts

		~Pa e
Legal and administrative information
Report ofthe trustees	and directors	2-6
Report ofthe auditors		7-9
Statement ofFinancial	Activities	10
Balance Sheet
Cashflow Statement		12
Notes forming part of	the Financial Statements	13 - 19

				Unrestricted	Restricted
				Funds	Funds	Total Funds	Total Funds
			Notes	2020	2020	2020	2019
INCOME
Income from charitable activities
School fees				1,425,639		1,425,639	1,278,682
Income from other trading operations			2a	45,031		45,031	43,895
Donations and Legacies			2b	106,168		106,168	15,614
Total income				1,576,838		1,576,838	1,338,191
EXPENDITURE
Costs ofraising funds			3a	40,532		40,532	40,557
Expenditure on charitable activities			3b	1,834,102		1,834,102	1,543,643
Total expenditure				1,874,634		1,874,634	1,584,200
Net (expenditure) for the year				(297,796)		(297,796)	(246,009)
Transfers between funds				4,877	(4,877)
Other recognised losses on impairment		of
fixed asset through revaluation	reserve.						(726,000)
Net movement in funds for the	year			(292,919)	(4,877)	(297,796)	(972,009)
Reconciliation offunds
Total Funds brought forward				349,619	21,147	370,766	1,342,775
Total Funds carried forward				56,700	16,270	72,970	370,766

Balance Sheet as at	31	stDecember 2020
						30th August
				2020		2019
			Note
FIXEDASSETS
Tangible Assets						1,496,501
Investments
CURRENT ASSETS
Stocks						2,981
Debtors				2&772		32,456
Cash at Bank and in Hand				119,964		1,528
				122,736		36,965
CREDITORS: Amounts		falling due within
one year			9a	(49,766)		(919,009)
NET CURRENT LIABILITIES					72,970	(882,044)
TOTAL ASSETSLESS		CURRENT LIABILITIES			72,970	614,457
CREDITORS: Amounts		falling due in more
than one year			9b			(243,691)
TOTAL NET ASSETS			10		72,970	370,766
FUNDS
Restricted					16,270	21,147
Unrestricted funds:
Unrestricted General	fund			56,700		(34,714)
Revaluation reserve						384,333
					56,700	349,619
TOTAL FUNDS					72,970	370,766

					2020	2019
				Note
Cash flows from operating		activities
Net cash used by operating		activities		12	(419,097)	(46,397)
Returns on investments and servicing			finance
Receipt on disposal offixed		assets			1,451,361
Finance costs paid Purchase oftangible fixed	assets				(42,210) (13,825)	(29,781) (47,439)
Net cash used in investing		activities			1,395,326	(77,220)
Cash flows from financing		activities
Repayment ofborrowings					(255,825)	(12,133)
Net cash used in financing		activities			(255,825)	(12,133)
Change in cash and cash Cash and cash equivalents	equivalents in the year brought forward				720,404 (600,440)	(135;/50) (464,690)
Cash and cash equivalents		carried forward		13	119,964	(600,440)

2a	Activities	for generating	funds		2020		2019
	Hire ofschool facilities				43,746		40,926
	Catering	income			1,285		2,969
					45,031		43,895
2b	Income from grants and		donations	Unrestricted	Restricted	Total	Total
				Funds	Funds	Funds	Funds
				2020	2020	2020	2019
	Grants			102,283		102,283
	Donations	from Friends ofBirchfield		3,825		3,825	14,882
	Other donations			60		60	732
				106,168		106,168	15,614

3	Total resou	rces	exp	ende	d	by expendi	ture type
											2019
							Staff Costs	Other	Depreciation	Total	Total
3a	Costs ofgenerating			funds			9,885	30,647		40,532	40,557
3b	Analysis of	expenditure			on	charitable	activities
	Teaching Costs						898,529	129,998	14,971	1,043,498	943,293
	Welfare						120,384	34,160	241	154,785	131,517
	Premises						53,872	173,320	43,563	270,755	223,212
	Administration		ofschool				91,537	177,975	190	269,702	234,526
	Governance	Costs					3,034	92,328		95,362	11,095
							1,167,356	607,781	58,965	1,834,102	1,543,643
							1,177,241	638,428	58,965	1,874,634	1,584,200

Interest payable				2020	2019
On bank overdraft				32,610	19,286
On bank loan repayable		within	5 years	8,978	10,495
On lease purchase	agreement			622
				42,210	29,781

4	Net expenditure/income	for the	year
	This is stated after charging:			2020	2019
	Depreciation ofowned Operating lease rentals Auditors' remuneration -	tangible fixed assets - equipment - statutory audit other services		58,965 22,893 6,250 36,701	47,535 20,937 5,820 16,858
5	StaffCosts
				2020	2019
	Wages and salaries Social security costs Pension costs			998,172 79,595 99,474	903,854 74,719 100,944
				1,177,241	1,079,517

Tangible fixed assets
			Equipment
	Freehold	Motor	and
	Property	Vehicles	Furniture	Total
Cost
At 30th August 2019 Additions	2,215,905	4,800	839,142	3,059,847
Disposals At 31stDecember 2020	(2,215,905)	(4,800)	13,825 (852,967)	13,825 (3,073,672)
Depreciation
At 30th August 2019 Charge for the year Eliminated on disposal At 31stDecember 2020	787,600 35,938 (823,538)	4,800 (4,800)	770,946 23,027 (793,973)	1,563,346 58,965 (1,622,311)
Net BookValue
At31stDecember 2020
At 30th August 2019	1,428,305		68,196	1,496,501

Debtors
					2020		2019
Fees outstanding							12,974
Prepayments and accrued income					2,772		19,482
					2,772		32,456
Creditors: amounts		falling due within one year
					2020		2019
Bank loan and	overdraft						614,102
Fees received in advance							156,386
Trade creditors					21,717		94,357
Other taxation	Ecsocial security costs						18,708
Other creditors					9,052		16,700
Accruals and deferred		income			18,997		18,756
					49,766		919,009
Creditors: amounts		falling due in more than one	year
					2020		2019
Bank Loan							243,691
Analysis ofnet	assets
							Fund
							balances at
					Net current		31st
					assets	Long-term	December
			Fixed	assets	(liabilities)	liabilities	2020
Unrestricted fund Restricted fund					56,700 16,270		56,700 16,270
				0	72,970		72,970

		Balance at 30th August			Transfer	Balance at 31stDecember
		2019	Income	Expenditure	between funds	2020
Restricted fund
Squire Sponsorship Unrestricted fund	fund	21,147			(4,877)	16,270
General fund Revaluation reserve Total funds		(34,714) 384,333 370,766	1,576,838 1,576,838	(1,874,634) (1,874,634)	389,210 (384,333)	56,700 72,970

Reconciliation o	net movemen	t in funds to net ca	sh from oper	ating activities
				2020	2019
Net income for the Adjustment for;	period (as per	Statement offinancial	activities)	(297,796)	(246,009)
Financing costs Depreciation Decrease/(increase) (Increase)/decrease (Decrease)/increase Net cash provided	in stocks in debtors in creditors by operating	activities		42,210 58,965 2,981 29,684 (255,141) (419,097)	29,781 47,535 (1,122) 45,710 77,708 (46,397)
Analysis ofcash and cash equivalents
				2020	2019
Cash in hand Overdraft				119,964	1,528
					(601,968)
				119,964	(600,440)

non-canc	ellable operating leases was:
		2020	2019
Amounts	payable
Within one year			16,667
Between	one and five years		33,435
Total			50,102