2020-08-31-accounts

Trustees			C Aldridge
			H Davies
			A Siddiqui
			M Hornsby
			N Newman
			A Brown
			SPepper
			A Skinnard
			J Mackay
			D Smith
Secretary		and Bursar	G Bunning
Head Teacher			ERees
Charity	number		800284
Company		number	2270044
Registered		offic	Hornsby House School
			Heamville Road
			London
			SW12 8RS
Auditor			Ward Williams
			Belgrave House
			39-43 Monument		Hill
			Weybridge
			Surrey
			KT13SRN
Bankers			Child &Co	Bankers
			1 Fleet Street
			EC4Y 1BD
Solicitors			Barlow Robbins		Solicitors
			The Oriel
			Sydenham	Road
			Guildford
			Surrey
			GU1 3SR

			Page
Trustees'	report		t -8
Statement	of Trustees'	responsibilities
Independent auditor's		report	10-11
Statement	offinancial	activities	12
Statement	offinancial	position	13
Statement	ofcash flows		14
Notes to the financial		statements	t5 - 27

parents, staff and pupils, wer	e helped	during the year:
			2020 (6)
United Word Schools			8,000
Committed Project Battersea Crime Prevention	Summer	Camp	300 1,445
Coram Beanstalk -Volunteer	Reading	Helpers	4,300
GoFundMe			200
Tommy's World Wildlife Fund			249 457
St Mary's Care Home - Tooting			115
			15,066

		Notes	2020 6	2019f
Ittggtrudfgm; Donations and legacies			19,571	19,590
Charitable activities			6,602,485	7,040,291
Other income			64,978
Investments			12,657	15,359
Total income			6,699,691	7,075,240
Raising funds		7	8,948	12,306
Charitable activities		8	6,042,010	6,063,237
Other		12	1,429	(1,534)
Total resources	expended		6,052,387	6,074,009
Net Income for the year/
Net movement	in funds		647,304	1,001,231
Fund balances	at 1 September 2019		9,296,383	8,295,152
Fund balances	at 31August 2020		9,943,687	9,296,383

					2020	2019
				Notes
Fixed assets
Property,	plant and		equipment	13	7,015,861	5,939,066
Current	assets
Debtors	falling	due	after one year	15	248,000	258,000
Debtors	falling	due	within one year	15	122,402	162,956
Cash at	bank	and	in hand		4,165,958	4,977,632
					4,536,360	5,398,588
Current	liabilities			16	(688,393)	(995,137)
Net current assets					3,847,967	4,403,451
Total assets		less	current liabilities		10,863,828	10,342,517
Non-current		liabilities			(920,141)	(1,046,134)
Net assets					9,943,687	9,296,383
Income	funds
Unrestricted funds					9,943,687	9,296,383
					9,943,687	9,296,383

		2020	2019
	Notes	8	E
Cash flows from operating activities
Cash generated from operations	23	664,552		1,500,500
investing activities
Purchase of property, plant and equipment		(1,489,152)	(978,988)
Proceeds on disposal of property, plant and equipment		269	19,502
Interest received		12,657	15,359
Net cash used in investing activities		(1,476,226)		(944,127)
Net cash used In financing activities
Net (decrease)/increase in cash and cash equivalents		(811,674)		556,373
Cash and cash equivalents at beginning	ofyear	4,977,632		4,421,259
Cash and cash equivalents at end ofyear		4,165,958		4,977,632

	Charitable activitie	s
			2020	2019
	School fees		6,333,460	6,420,579
	Extra lessons/clubs/trips School registration fees Discounts given Catering Other income		122,109 24,800 (125,660) 244,505 3,271	225,443 26,100 (124,643) 343,777 149,035
			6,602,485	7,040,291
5	Other Income
			2020	2019
	Government grants	- JRS	64,978
6	Investments
			2020	2019
	Interest receivable		12,657	15,359
7	Raising funds
			2020	2019
	dl'
	Staging fundraising	events	8,948	12,306

	Charitable activities	(School operating costs)
			2020	2019
			6
	Staff costs Depreciation Class materials and lesson costs Catering costs Charitable donations Staff welfare Playing fields rental Establishment costs Legal and professional fees Sundry expenses Advertising and marketing Computer and printing costs Entertaining Other charitable expenditure		4,260,209 410,659 313,703 257,450 15,066 62,585 157,025 299,960 9,661 12,790 78,782 100,720 55,000	3,989,174 397,163 490,457 301,282 9,925 45,715 154,610 361,473 63,293 11,023 82,651 118,549 2,463 27,059
			6,033,610	6,054,837
	Governance costs (see note 9)		8,400	8,400
			6,042,010	6,063,237
	Analysis by fund Unrestricted funds		6,042,010
			6,042,010
	For the year ended Unrestricted funds	31August 2019		6,063,237
				6,063,237
9	Governance costs		2020	2019
			5
	Audit fees		8,400	8,400
			8,400	8,400

Number ofemployees Theaverage monthly number	employees	during the year was:
			2020	2019
			Number	Number
Teaching and support staff Administration, (T and catering	staff		81 13	81 14
			94	95
Employment costs			2020f	2019f
Wages and salaries Social security costs Other pension costs			3,331,007 335,530 593,672	3,236,148 336,053 416,973
			4,260,209	3,989,174

Thsnumber ofemployees w	hose annual	remuneration was f60,00	0 or more were
			2020	2019
			Number	Number
f60,000 - f69,999 f70,000 - f79,999 f80,000 - f89,999			2 1 2	2 3
f100,000 - f109,999			1
Other expenditure
			2020	2019
Net (profit) Iloss on disposal	of tangible	fixed assets	1,429	(1,534)
			1,429	(1,534)

13	Property, plant and equipment	Property, plant and equipment	Property, plant and equipment	Freehold	Assets under	Fixtures and	Computers	Total
				buildings	construction	fittings
				F		6
	Cost
	At 1 September 2019 Additions			7 380268 18,479	1 595236 1,142,867	1,129,113 273,782	616,407 54,024	10,721,024 1,489,152
	Disposals					(67,585)	(40,270)	(107,855)
	At 31 August	2020		7,398,747	2,738,103	1,335,310	630,161	12,102,321
	Depreciation and impairment At 1 September 2019 Depreciation charged in the year Eliminated in respect ofdisposals			3,429,811 246,034		843,407 104,578 (66,185)	508,740 60,047 (39,972)	4,781,958 410,659 (106,157)
	At 31August	2020		3,675,845		881,800	528,815	5,086,460
	Carrying amount At 31 August 2020			3,722,902	2,738,103	453,510	101,346	7,015,861
	At 31August	2019		3,950,457	1,595,236	285,706	107,667	5,939,066
	The carrying	value of	land included	in land and buildings comprises:			2020	2019
							6
	Freehold						1,000,000	1,000,000

14	Financial instruments	Financial instruments					2020	2019
							E	E
	Carrying amount Debt instruments	offinancial measured at			assets amortised	cost	277,178	299,334
	Carrying amount offinancial Measured at amortised cost				liabilities		1,527,583	1,963,739
15	Trade and other	receivables
							2020	2019
	Amounts falling	due	within	one year:			E	E
	Trade receivables						14,178	26,334
	Other receivables						15,000	15,000
	Prepayments and	accrued income					93,224	121,622
							122,402	162,956
							2020	2019
	Amounts falling	due	after	more than		one year:		6
	Other receivables						248,000	258,000
	Total debtors						370,402	420,956
16	Current liabilities						2020	2019
							E	E
	Other taxation and social security Trade payables Accruals and deferred income						80,951 83,239 524,203	77,532 203,915 713,690
							688,393	995,137

20	Operating lease commitments
	At the reporting end date the	School	had outstanding			commitments	for future	minimum lease	payments
	under non-cancellable operating	leases, which		fall	due	as follows;
								2020	2019
								f	f
	Within one year							24,996	24,996
	Between two and five years							2,054	27,119
								27,050	52,115
21	Capital commitments							2020 f	2019f
	At 31August 2020 the School had capital commitments					as follows:
	Contracted for but not provided	in the	financial	statements;
	Acquisition of property, plant and equipment								204,764
22	Related party transactions
	Remuneration of key management		personnel
	The remuneration of key management		personnel		is as	follows.
								2020 f	2019f
	Aggregate compensation							509,227	577,631

23	Cash generated from	operations					2020 f	2019 f
	Surplus for the year						647,304	1,001,231
	Adjustments for:
	Investment income recognised in statement				offinancial	activities	(12,657)	(15,359)
	Loss/(gain) on disposal of property, plant Depreciation and impairment of property,			and equipment plant and equipment			1,429 410,659	(1,534) 397,163
	Movements in working	capital:
	Decrease in trade and	other receivables					50,554	9,926
	(Decrease)/increase in	trade and other payables					(432,737)	109,073
	Cash generated from	operations					664,552	1,500,500
24	Analysis ofchanges	in net funds
	The School had no debt during the		year.