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|Governors||W R Garment|W R Garment|||
|---|---|---|---|---|---|
|||D Whitman||||
|||E M SAhmed||||
|||J A T Nairn||||
|||BR Hall||||
|||J R Wood||||
|||N Mason||||
|||D Petal Smith||||
|||M Booker||||
|||Ml lllsley||||
|Secretary|and School Business|AJ I-leywaod||||
|Manager||||||
|Headmaster||J Duke BEd|Hone|||
|Charity number||532262||||
|Company|number|01157590||||
|Registered|o%ce|58 Fulwood|Raw|||
|||Fulwood||||
|||Preston||||
|||Lancashire||||
|||PR2 5RW||||
|Auditor||Azets Audit Services||||
|||Charter House||||
|||Pittman
Way||||
|||Fulwood||||
|||Preston||||
|||Lancashire||||
|||PR2 9ZD||||
|Bankers||National
Westminister|||Bank Pic|
|||292 Garstang||Road||
|||Fulwood||||
|||Preston||||
|||PR2 9RQ||||
|Solicitors||DLA Piper UK||LLP||
|||India Buildings||||
|||Water Street||||
|||Liverpool||||
|||L2 ONH||||
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|||Page|
|---|---|---|
|Trustees'
report||1-8|
|Independent
auditor's|report|9-10|
|Statement
of financial|activities||
|Balance sheet||12|
|Statement ofcash flows||13|
|Notes to the financial|statements|14-26|
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|Name ofdirector||Office held|in year|||Committees|
|---|---|---|---|---|---|---|
|||||||attended|
|M Conlon (resigned|19January 2021)|Chair ofGovernors||||AUD, STR, FGP|
|D Whitman||Vice Chair|ofGovernors,||Chair of|STR|
|||Strategic Committee|||||
|E M SAhmed||Chair of H&S Committee||||AUD, STR, HS|
|M Booker||||||STR, FGP|
|W R Garment|||||||
|BR Hall||||||STR, FGP|
|M lllsley||||||STR, FGP|
|N Mason||Chair ofFGP Committee||||AUD, STR, FGP|
|JAT Naim||Chair ofSafeguarcfing||&|Child|AUD, EDU, STR,|
|||Protection||||SCP|
|D Petal-Smith||||||STR|
|J R Wood||Chair ofAudit &Compliance||||AUD, STR, EDU|
|||Committee,|Chair of|Education|||
|||Committee|||||
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
|||(cotes|funds
6|funds
8|2920f|2019
6|
|Donations and legacies|||500||500|3,500|
|Chantable
activities - income|||1,747,937|5,272|1,753,209|2,021,074|
|Other trading
activities|||11,243||11,243|27,873|
|investments|||424||424||
|Other income|||100,487||100,487||
|Total Income|||1,860,591|5,272|1,865,863|2,052,447|
|Rxgttntiitg~g;
Charitable
activities - expenditure||7|1,940,603|583|1,941,186|2,050,555|
|iiet (expenditure)/income|for the year||||||
|ttet movement
In funds|||(80,012)|4,689|(75,323)|1,892|
|Fund balances at 1 September 2019|||1,517,877|9,019|1,526,896|1,525,004|
|Fund balances at 31August 2020||15,16|1,437,865|13,708|1,451,573|1,526,896|
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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
||||||Notes|8|f|
|Fixed assets||||||||
|Tangible assets|||||'IO|1,323,783|1,352,723|
|Current assets||||||||
|Debtors||||||56,184|51,072|
|Cash at bank and in|hand|||||397,865|365,716|
|||||||454,069|416,788|
|Creditors: amounts|falling due vvtthm||||12|||
|one year||||||(276,279)|(242,615)|
|Net current assets||||||177,790|174,173|
|Total assets less current||liabilities||||1,501,573|1,526,896|
|Creditors: amounts|falling due after||||13|||
|more than one year||||||(50,000)||
|Net assets||||||1,451,573|1,526,896|
|Income funds||||||||
|Restricted funds||||||13,708|9,019|
|~nr
stri I8IUI(008,||||||||
|Designated
funds||||||1,352,319|1,400,087|
|General
unrestricted|funds|||||85,533|117,797|
|6hare capital||||||13|13|
|||||||1,437,865|1,517,877|
|||||||1,451,573|1,526,896|
|Th
t|pp|dtytt|'l|t||.zzlv )2ozI||
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||||||||292D||2019||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Notes|6||6|8|
|Cash flows from operating||||activities|||||||
|Cash generated
from||operations||||23||35,192||118,233|
|Investing|activities||||||||||
|purchase|oftangible|fixed|assets||||(53,447)||(141,202)||
|Interest received|||||||424||||
|Net cash|used In investing|||activities||||(53,023)||(141,202)|
|Financing|activities||||||||||
|Bankloans|advanced||||||50,D00||||
|Net cash|generated|from/(used|||in)||||||
|financing|activities|||||||50,000|||
|Net increase/(decrease)|||in|cash|and|cash|||||
|equivalents||||||||32,169||(22,969)|
|Cash and|cash equivalents|||at beginning||ofyear||365,716||388,685|
|Cash and|cash equivalents|||at end of||year||397,885||365,716|
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|2|t)onations|and lega|cies|||
|---|---|---|---|---|---|
|||||2020|2019|
||Parents association||gift|500|3,500|
|3|Charitable|activities|- income|||
|||||2020|2019|
|||||E|E|
||Gross fees|||1,769,056|2,036,921|
||Less: Bursanes|||(13,258)|(15,847)|
|||||1,753,209|2,021,074|
||Analysis
by|fund:||||
||Unrestricted|funds||1,747,937|2,017,868|
||Restricted funds|||5,272|3,208|
|||||1,753,209|2,021,074|
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|4|Other trading activities|Other trading activities|||
|---|---|---|---|---|
||||2020|2019|
||Wire ofschool and hall||3,666|6,360|
||Other receipts||7,577|21,513|
||||11,243|27,873|
|5|Investments||||
||||2020|2019|
||Interest receivable||424||
|6|Other Income||||
||||Unrestricted|Total|
||||funds||
||||2020|2019|
||||f|E|
||Coronavirus|Job Retention Scheme|100,487||
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|Charitable
activities - expenditure||||
|---|---|---|---|
|||2020|2019|
||||8|
|Teaching costs, books and school meals||1,317,638|1,391,818|
|Non teaching staff costs||300,358|306, 'i 91|
|Premises expenses||230,866|262,344|
|Depreciation||82,388|80,221|
|Governance
costs||9,938|9,981|
|||1,941,186|2,050,555|
|Analysis
by fund:||||
|Unrestricted
funds||1,940,603|2,049,449|
|Restricted funds||583|1,106|
|||1,941,186|2,050,555|
|Auditor's
remuneration||||
|The analyaia
Of auditOr'S remuneration|is as follows:|||
|||2020|2019|
|||5|6|
|Audit services||5,200|5,115|
|Other services||3,818|3,818|
|||9,018|8,933|
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|Number ofe|mployee|s||||||||
|---|---|---|---|---|---|---|---|---|---|
|The average|monthly|number|employees||during the year||was:|||
|||||||||2020|2019|
|||||||||Number|Number|
|Teachers and|Assistants|||||||42|47|
|Administration||||||||10|11|
|Domestic||||||||5|5|
|||||||||57|63|
|Employment|costs|||||||2020|2019|
|||||||||6|6|
|Wages and salaries||||||||1,246,828|1,354,053|
|Social security costs||||||||107,096|111,964|
|Other pension|costs|||||||190,849|142,625|
|||||||||1,544,773|1,608,642|
|The number|of employees||whose|annual||remuneration|was 660,000 or|||
|more were:||||||||||
|||||||||2020|2019|
|||||||||Number|Number|
|80,001 - 90,000||||||||1|1|
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|Tangible fix|ed assets|||||||
|---|---|---|---|---|---|---|---|
||||Freehold
land|Leasehold|Furniture
and|Motor|Total|
||||end buadines|land and|equipment|vehicles||
|||||bundlnesf||||
|Cost||||||||
|At 1 September 2019|||1,694,443|277,493|612,597|22,053|2,606,586|
|Additions|||14,373||39,074||53,447|
|At 31August|2020||1,708,816|277,493|651,671|22,053|2,660,033|
|Depreciation|and impairment|||||||
|At 1 September 2019|||688,488|74,036|469,579|21,759|1,253,862|
|Depreciation|charged|in the year|31,113|18,509|32,69'l|75|82,388|
|At 31August|2020||719,601|92,545|502,270|21,834|1,336,250|
|Carrying
amount||||||||
|At 31August|2020||989,215|184,948|149,401|219|1,323,783|
|At 31August|2019||1,005,954|203,457|143,018|294|1,352,723|
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|Debtors||||
|---|---|---|---|
|||2020|2019|
|Amounts
falling due within one year:|||8|
|Fee debtors||11,816|5,973|
|Other debtors||16,113|3,623|
|Prepayments|and accrued income|28,255|41,476|
|||56,184|51,072|
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|12|Creditors: amounts|Creditors: amounts|Creditors: amounts|falling due within one year||||
|---|---|---|---|---|---|---|---|
|||||||2020f|2019f|
||Other taxation|and social security||||25,139|25,234|
||Fees received|in advance||||141,513|63,134|
||Trade creditors|||||39,113|36,818|
||Other creditors|||||4,093|4,882|
||Accruals|||||66,421|111,947|
|||||||276,279|242,615|
|13|Creditors: amounts|||felling due aRer more than one yssr||||
|||||||2020|2019|
||||||Notes|f|f|
||Bank loans||||14|50,000||
|14|Loans and overdrsfts|||||||
|||||||2020|2019f|
||Bank loans|||||50,000||
||Payable after one||year|||50,000||
||Amounts
included||above which fall due after svs years:|||||
||Payable
by instalments|||||10,457||
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|||||Balance at 1|incoming|Resources|Balance|at 31|
|---|---|---|---|---|---|---|---|---|
|||||September|resources|expended|August|2020|
|||||2019|||||
|||||8|||||
|AEN|Early|Years|Funding|9,D19|5,272|583|13,708||
|||||9,D19|5,272|583|13,708||
|||||Balance at 1|incoming|Resources|Balance|at 31|
|||||September|resources|expended|August|2019|
|||||2018|||||
|||||5|||||
|AEN|Early|Years|Funding|6,917|3,208|(L106)||9,019|
|||||6,917|3,208|(1,106)||9,019|
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||||Balance at 1|Incoming|Resources|Transfers|Balance at 31|
|---|---|---|---|---|---|---|---|
||||September|resources|expended||August 2020|
||||2019|||||
||||E|E|E|||
|General|fund||117,797|1,860,591|(1,844,959)|(47,895)|85,533|
|Designated||funds:||||||
|Property|Asset Fund||1,352,723||(82,388)|53,447|1,323,783|
|Bursary|fund||47,344||(13,256)|(5,552)|28,536|
||||1,517,864|1,860,591|(1,940,603)||1,437,852|
||||Balance at 1|Incoming|Resources|Transfers|Balance st 31|
||||September|resources|expended||August 2019|
||||2018|||||
||||E||E||E|
|General|fund||143,847|2,049,239|(1,950,427)|(124,862)|117,797|
|Designated||funds:||||||
|Property|Asset fund||1,302,819||(83,175)|133,079|1,352,723|
|Bursary|fund||71,408||(15,847)|(8,217)|47,344|
||||1,518,074|2,049,239|(2,049,449)||1,517,864|
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|Share capital||||||||||2020|||2019|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||E|||E|
|Authorised||||||||||||||
|13Ordinary
shares|ofE1 each|||||||||13|||13|
|All the assets are|held|for charitable||purposes||and cannot||be distributed|to the members.||Should||the|
|company
be wound
up or dissolved,
the assets
have
to be
objects and which also prohibits
the distribution
ofany income||||||||transferred
to another
charity
or properly
to it's members.|||with|similar||
|Analysis ofnet assets||between|funds|||||||||||
||||||General||fund|Designated|Restricted||||Total|
|||||||||||Fund||||
||||||||E|E||E||||
|Fund balances at 31 August 2020 are||||||||||||||
|represented
by:||||||||||||||
|Tangible assets||||||||1,323,783|||1,323,783|||
|Current assets/(liabilities)||||||135,546||28,536|13,708|||177,790||
|Long term liabilities||||||(50,000)||||||(50,000)||
|||||||85,546||1,352,319|13,708||1,451,573|||
||||||General||fund|Designated|Restricted||||Total|
|||||||||||Fund||||
||||||||E|E||E|||E|
|Fund balances at 31August 2019are||||||||||||||
|represented
by:||||||||||||||
|Tangible assets||||||||1,352,723|||1,352,723|||
|Current assets/(liabilities)||||||117,810||47,344||9,019||174,173||
|||||||117,810||1,400,067||9,019|1,526,896|||
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|under non-cancellable
operating
leases, mainly
in respe|ct ofthe sports field which fall due as fol|lows:|
|---|---|---|
||2020|2019|
||E|E|
|Within one year|2,202|3,432|
|Between two and five years|1,920|3,642|
|In over five years|18,360|18,840|
||22,482|25,914|
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|23|Cash generated
from|operations|operations|||||2020|2019|
|---|---|---|---|---|---|---|---|---|---|
|||||||||E||
||(Deficit)/surpus
for the|year||||||(75,323)|1,892|
||Adjustments
for:|||||||||
||Investment
income recognised||in|statement||offinancial|activities|(424)||
||(Gain)/loss
on disposal|oftangible||fixed|assets||||8,123|
||Depreciation
and impairment
oftangible||||fixed assets|||82,388|83,175|
||Movements
in working|capital:||||||||
||(Increase) in debtors|||||||(5,112)|(5,811)|
||(Decrease)/increase
in|creditors||||||(44,115)|58,474|
||Increase/(decrease)
in|deferred|income|||||77,779|(27,620)|
||Cash generated
from|operations||||||35,192|118,233|