## |||Page|| |---|---|---|---| |Report ofthe Trustees|1|to|8| |Report ofthe Independent
Auditors|9|to|10| |Statement of Financial Activities|||| |Balance Sheet||12|| |Cash Flow Statement||13|| |Notes to the Cash Flow Statement||14|| |Notes to the Financial Statements|15|to|24| ## ## ## ## ## ## ## ## ## ## ## ## |N R Ebden|||| |---|---|---|---| |R P Leggott|||| |J A L Sprenger|||| |Auditors|||| |Kingswood
Allotts Limited,||Statutory|Auditor| |Chartered
Accountants|||| |Sidings Court|||| |Lakeside|||| |Doncaster|||| |South Yorkshire|||| |DN4 5NU|||| |Bankers|||| |Yorkshire
Bank|pic||| |19St Sepulchre|Gate||| |Doncaster|||| |South Yorkshire|||| |DN1 1SJ|||| |Solicitors|||| |Knights
pic|||| |Majestic|||| |City Square|||| |Leeds|||| |LS1 2EF|||| |Management|Management||||| |---|---|---|---|---|---| |The school headmaster,
D Holland
is assisted||in running|the school by the following|management|team:| |BMcCrae|- Deputy Head||||| |J Hall|- Head ofJunior School||||| |S Hopkinson|—Second Master||||| |K Wigglesworth|- Bursar and Clerk to the Governors||||| |C Rogerson|- Head ofSenior School||||| |C Leach|—Deputy Head ofJunior School||||| |K Johnson|- Head of Sixth Form (from|01.09.20)|||| ## ## ## ## ## ## ## ||For|The Year E|nded 31 Au
u|st 2021||| |---|---|---|---|---|---|---| ||||||2021|2020| ||||Unrestricted|Restricted|Total|Total| |||Notes|fund
F|funds
f|funds
F|fundsf| |INCOME AND ENDOWMENTS|FROM|||||| |Donations
and legacies||||||50| |Charitable
activities||||||| |Teaching
Fees receivable|||63,507
7,375,092||63,507
7,375,092|145,241
6,986,219| |Other trading
activities|||113,339||113,339|93,712| |investment
income|||110,252||110,252|73,222| |Other income|||4,372||4,372|8,216| |Total|||7,666,562||7,666,562|7,306,660| |EXPENDITURE ON||||||| |Charitable
activities||||||| |Teaching|||6,758,068|3,635|6,761,703|6,702,677| |NET INCOME/(EXPENDITURE)|||908,494|(3,635)|904,859|603,983| |RECONCILIATION
OF FUNDS||||||| |Total funds brought
forward|||7,780,556|272,793|8,053,349|7,449,366| |TOTAL FUNDS CARRIED FORWARD|||8,689,050|269,158|8,958,208|8,053,349| ## |Hill House School L|imited
Re istered nu|imited
Re istered nu|mber: 00908|443|| |---|---|---|---|---|---| ||Balance Sheet||||| ||~310|12021|||| |||||2021|2020| |||Unrestricted|Restricted|Total|Total| ||Notes|fund|funds
F|funds
6|fundsf| |FIXEDASSETS|||||| |Tangible assets|16|13,121,778|326,743|13,448,521|13,599,223| |CURRENT ASSETS|||||| |Stocks|17|14,478||14,478|12,414| |Debtors|18|304,828||304,828|269,713| |Cash at bank||2,157,290||2,157,290|1,852,288| |||2,476,596||2,476,596|2,134,415| |CREDITORS|||||| |Amounts
falling due within one year|19|(1,893,332)|(57,585)|(1,950,917)|(2,338,291)| |NET CURRENT ASSETS||583,264|(57,585)|525,679|(203,876)| |TOTAL ASSETS LESSCURRENT LIABILITIES||13,705,042|269,158|13,974,200|13,395,347| |CREDITORS|||||| |Amounts
falling due after more than one year|20|(5,015,992)||(5,015,992)|(5,341,998)| |NET ASSETS||8,689,050|269,158|8,958,208|8,053,349| |FUNDS|24||||| |Unrestricted
funds||||8,689,050|7,780,556| |Restricted
funds||||269,158|272,793| |TOTAL FUNDS||||8,958,208|8,053,349| ## |||||Hill House School Limit|ed|| |---|---|---|---|---|---|---| |||||Cash Flow Statement||| ||||For|The Year Ended 31 Au|ust 2021|| ||||||2021|2020| |||||Notes|6|8| |Cash flows from operating||activities||||| |Cash generated
from operations|||||1,121,354|1,291,782| |Interest
paid|||||(267,158)|(277,854)| |Net cash provided
by operating
activities|||||854,196|1,013,928| |Cash flows from investing||activities||||| |Purchase
of tangible
fixed assets|||||(245,066)|(947,874)| |Interest received|||||1,032|4,366| |Net cash used
in investing|activities||||(244,034)|(943,508)| |Cash flows from financing||activities||||| |New loans
in year||||||825,000| |Loan repayments
in year|||||(305,160)|(242,182)| |Net cash (used in)/provided||by financing|activities||(305,160)|582,818| |Change
In cash and cash||equivalents|in|||| |the reporting
period|||||305,002|653,238| |Cash and cash equivalents||at the||||| |beginning
ofthe reporting||period|||1,852,288|1,199,050| |Cash and cash equivalents||at the end|of|||| |the reporting
period|||||2,157,290|1,852,288| ## ## |RECONCILI|ATION|OF|NE|T IN|COME TO NET CASH FLOW FROM OPERATIN|G ACTIVITIES|| |---|---|---|---|---|---|---|---| |||||||2021f|2020| |Net income|for the|reporting|||period (as per the Statement of Financial||| |Activities)||||||904,859|603,983| |Adjustments|for:||||||| |Depreciation|charges|||||215,768|237,800| |Loss on disposal
of||fixed assets|||||1,314| |Interest received||||||(1,032)|(4,366)| |Interest
paid||||||267,158|277,854| |(Decrease)|in payments||on|account||(36,816)|(125,144)| |Increase
in stocks||||||(2,064)|(2,069)| |(Increase)/decrease||in|debtors|||(35,115)|43,332| |(Decrease)/increase||in|creditors|||(191,404)|259,078| |Net cash provided||by|operations|||1,121,354|1,291,782| |ANALYSIS|OF CHANGES|||IN NET DEBT|||| ||||||At 1.9.20|Cash flow|At 31.8.21| ||||||f|f|f| |Net cash|||||||| |Cash at bank|||||1,852,288|305,002|2,157,290| ||||||1,852,288|305,002|2,157,290| |Debt|||||||| |Debts falling|due within||1 year||(317,166)|(20,846)|(338,012)| |Debts falling|due after 1 year||||(5,341,998)|326,006|(5,015,992)| ||||||(5,659,164)|305,160|(5,354,004)| |Total|||||(3,806,876)|610,162|(3,196,714)| ## ## ## ## ## ## ## ## ## ## ## ## ## |Termination
payments
are accounted
for w|hen a constructive
obligation
exists.|| |---|---|---| |Acquisition
ofSt. Mary's School||| |Transfer commission
paid on the purchase|of St Mary's School has been fully amortised
in prior periods|| |DONATIONS
AND LEGACIES||| ||2021f|2020
5| |Donations
and grants||50| |OTHER TRADING ACTIVITIES||| ||2021f|2020
5| |Pupil bus fares|113,339|93,712| |INVESTMENT INCOME||| ||2021f|2020f| |Rents received|109,220|68,856| |Deposit account interest|1,032|4,366| ||110,252|73,222| ## ## ## ## ## |||||||||2021|2020| |---|---|---|---|---|---|---|---|---|---| |||||||Activity||E,|E| |Coronavirus|support||grants|||Teaching||63,507|145,241| |Tuition fees||||||Fess receivable||7,201,202|6,836,092| |Wrap around|and|actwity|||||||| |weeks||||||Fees receivable||24,791|32,710| |Nursery fees||||||Fees receivable||149,099|117,417| |||||||||7,438,599|7,131,460| |Grants received,||included||in the||above, are as follows:|||| |||||||||2021f|2020f| |Coronavirus|Job|Retention|||Scheme|||63,507|145,241| |CHARITABLE ACTIVITIES|||||COSTS||||| ||||||||Direct|Support|| ||||||||Costs (ses|costs (ses|| ||||||||note 8)
E|note 9)
f|Totals
E| |Teaching|||||||6,756,727|4,976|6,761,703| |DIRECT COSTS OF|||CHARITABLE ACTIVITIES||||||| |||||||||2021|2020| |||||||||E|f| |Staff costs||||||||4,872,278|4,808,351| |Food||||||||203,147|178,750| |Academic costs and games|||||expenses|||132,740|135,564| |Teaching
and student|||other||costs|||178,079|183,783| |Running
ofschool other costs||||||||654,530|673,440| |Premises costs||||||||233,027|199,882| |Depreciation||||||||215,768|237,799| |Loss on sale|ofassets||||||||1,314| |Interest payable
and similar|||||charges|||267,158|277,854| |||||||||6,756,727|6,696,737| |SUPPORT COSTS|||||||||| ||||||||||Governance| ||||||||||costs| ||||||||||E| |Teaching|||||||||4,976| |NET INCOME/(EXPENDITURE)|||||||||| |Net income/(expenditure)||||is|stated after charging/(crediting):||||| |||||||||2021f|2020
E| |Depreciation|- owned||assets|||||215,768|237,800| |Deficit on disposal||of|fixed|assets|||||1,314| |Auditors'
remuneration||||||||6,000|5,940| |Operating
lease costs||||||||66,044|68,841| ## ## ## ## ## ## |STAFF COSTS||| |---|---|---| ||2021|2020| ||E|| |Wages and salaries|3,810,670|3,773,233| |Social security costs|366,882|348,496| |Other pension costs|694,726|686,622| ||4,872,278|4,808,351| ||2021|2020| |---|---|---| |Teaching|93|94| |Administration|13|13| |Maintenance|15|15| ||121|122| ||2021|2020| |---|---|---| |860,001 —F70,000|2|3| |870,001 - 680,000|2|1| |880,001 - 890,000|1|1| |8130,001 - 8140,000|1|1| ## |COMPAR|ATIV|ES
FOR THE ST|ATEMENT|OF FINANCIAL A|CTIVITIES||| |---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total| ||||||fund|funds|funds| ||||||8|F|8| |INCOME|AND|ENDOWMENTS|FROM||||| |Donations|and legacies||||50||50| |Charitable|activities||||||| |Teaching|||||145,241||145,241| |Fees receivable|||||6,986,219||6,986,219| |Other trading||activities|||93,712||93,712| |Investment|income||||73,222||73,222| |Other income|||||8,216||8,216| |Total|||||7,306,660||7,306,660| |||||Page 18|||continued.
. .| ## ## |Hill House School Limited
Notes to the Financial Statements
-continued
For The Year Ended 31 Au
ust 2021|Hill House School Limited
Notes to the Financial Statements
-continued
For The Year Ended 31 Au
ust 2021||| |---|---|---|---| |COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued|||| ||Unrestricted|Restricted|Total| ||fund|funds|funds| ||8|8|8| |EXPENDITURE ON|||| |Charitable
activities|||| |Teaching|6,695,324|7,353|6,702,677| |NET INCOME/(EXPENDITURE)|611,336|(7,353)|603,983| |RECONCILIATION
OF FUNDS|||| |Total funds brought
forward|7,169,220|280,146|7,449,366| |TOTAL FUNDS CARRIED FORWARD|7,780,556|272,793|8,053,349| |FRIENDS OF HILL HOUSE SCHOOL|||| ## ## |INTANGIBLE FIXEDASSETS|| |---|---| ||Transfer| ||commission| ||6| |COST|| |At 1 September 2020 and 31 August 2021|320,000| |AMORTISATION|| |At 1 September 2020 and 31 August 2021|320,000| |NET BOOK VALUE|| |At 31 August 2021|| |At 31 August 2020|| ## ## ## ## ## |Notes to the Financial Statements
For The Year Ended 31 Au|Notes to the Financial Statements
For The Year Ended 31 Au|Notes to the Financial Statements
For The Year Ended 31 Au|-continued
ust 2021||| |---|---|---|---|---|---| |TANGIBLE FIXED ASSETS|||||| |||Leasehold|Freehold|Fixtures|| |||land and|land and|and|| |||property
6|improvements
f|fittings
f|Totals
6| |COST|||||| |At 1 September 2020||13,308,995|554,322|1,242,372|15,105,689| |Additions||||65,066|65,066| |At 31 August 2021||13,308,995|554,322|1,307,438|15,170,755| |DEPRECIATION|||||| |At 1 September 2020||760,627||745,839|1,506,466| |Charge for year||70,596|32,284|112,888|215,768| |Reclassification||(210,730)|210,730||| |At 31 August 2021||620,493|243,014|858,727|1,722,234| |NET BOOK VALUE|||||| |At 31 August 2021||12,688,502|311,308|448,711|13,448,521| |At 31 August 2020||12,548,368|554,322|496,533|13,599,223| |STOCKS|||||| |||||2021|2020| |||||8|8| |Food and consumables||||14,478|12,414| |DEBTORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR||||| |||||2021|2020| |||||f|| |Trade debtors||||168,768|104,986| |Other debtors||||21,270|21,960| |Prepayments
and accrued||income||114,790|142,767| |||||304,828|269,713| |CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||| |||||2021
f|2020
f| |Bank loans and overdrafts||(see note 21)||338,012|317,166| |Payments
on account||||64,205|101,021| |Trade creditors||||117,687|199,504| |Social security and other taxes||||89,411|362,375| |Other creditors||||384,160|811,378| |Accruals and deferred|income|||957,442|546,847| |||||1,950,917|2,338,291| ## ## ## ## ## |CREDIT|O|RS: AMOUNTS|FA|LLING DUE AFTER MORE THAN ONE YEA|R|| |---|---|---|---|---|---|---| ||||||2021|2020| ||||||f|f| |Bank loans||(see note 21)|||5,015,992|5,341,998| |LOANS||||||| |An analysis||of the maturity
of loans is given below:||||| ||||||2021|2020| |||||||f| |Amounts|falling due within||one year on demand:|||| |Bank loans|||||338,012|317,166| |Amounts|falling between||one|and two years:||| |Bank loans||- 1-2years|||350,607|322,371| |Amounts|falling due between|||two and five years:||| |Bank loans||- 2-5 years|||1,595,249|1,058,989| |Amounts|falling due in more than five years:|||||| |Repayable||by instalments:||||| |Bank loans||over 5 years|||3,070,136|3,960,638| |Interest
is|charged
on the||loans at various fixed and variable rates.|||| ## |LEASING AG|LEASING AG|REEMEN|TS|||||||| |---|---|---|---|---|---|---|---|---|---|---| |At 31 August||2021 the|total of the Charity's|future|minimum|lease payments|under|non-cancellable||operating| |leases was:||||||||||| |||||||||2021||2020| |||||||||f||| |Amounts|due|within one year||||||66,148||66,148| |Amounts|due|between|one and five years|||||110,184||177,039| |Amounts|due|after five|years|||||5,270,375|5,336,375|| |||||||||5,446,707|5,579,562|| ## ## |The following
secured debts are included
within|creditors:|| |---|---|---| ||2021|2020| ||f|F| |Bankloans|5,354,004|5,659,164| |Other creditors||180,000| ||5,354,004|5,839,164| ## ## |MOVE|MENT|IN FUNDS||||||| |---|---|---|---|---|---|---|---|---| ||||||||Net|| ||||||||movement|At| |||||||At 1.9.20|in funds|31.8.21| ||||||||8|| |Unrestricted||funds||||||| |General|fund|||||7,780,556|908,494|8,689,050| |Restricted funds||||||||| |Equipment
fund||||||23,696|(2,172)|21,524| |Building|fund|||||249,097|(1,463)|247,634| |||||||272,793|(3,635)|269,158| |TOTAL|FUNDS|||||8,053,349|904,859|8,958,208| |Net movement||in funds,|included||in the above are as follows:|||| |||||||Incoming|Resources|Movement| |||||||resources|expended|in funds| |||||||F|E|6| |Unrestricted||funds||||||| |General|fund|||||7,666,562|(6,758,068)|908,494| |Restricted funds||||||||| |Equipment
fund|||||||(2, 1 72)|(2,172)| |Building|fund||||||(1,463)|(1,463)| ||||||||(3,635)|(3,635)| |TOTAL|FUNDS|||||7,666,562|(6,761,703)|904,859| |Comparatives||for movement||in|funds|||| ||||||||Net|| ||||||||movement|At| |||||||At 1 919|in funds|31.8.20| |||||||6|f|F| |Unrestricted||funds||||||| |General|fund|||||7,169,220|611,336|7,780,556| |Restricted funds||||||||| |Equipment
fund||||||29,586|(5,890)|23,696| |Building|fund|||||250,560|(1,463)|249,097| |||||||280,146|(7,353)|272,793| |TOTAL|FUNDS|||||7,449,366|603,983|8,053,349| ## ## ## ## ## ## ## ## ##