ompany Number 02789023 R•gi8ternd In England Ch•rlty Numbèr: 1017853 St George's WEYBRIDGE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021 ST GEORGE'S WEYBRIDGE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021 CONTENTS Governors, Offie8rn and Advi80rfj Annual Report of th• Govemor8'.- Directors, Report Slraleglc Report Independént Audllorfs Report 25 Con801Sdaled Statement of Flnancial Acllvttles 28. ConsolSd8led 4nd School 881gnce Sh••1 29 Consolidated Cashflow Slalemenl Note• to the Financlwl Sl•l•m•nts 31 ST GEORGE'S WEYBRIDGE GOVERNORS. OFFICERS AND ADVISERS GOVERNORS, DIRECTORS AND CHARITY TRUSTEE8 The Govemors of Sl George's Weybridge {'Ihe Charity, or'lhe School'} are the Charfly's trustees under charity law and the directors of the charitable company. The members of the Goveming Bo(ty who served in office as Governors ¢Juring the year and subsequently are detsiled below,. 121 131 141 151 Mr J M Lebvin Chalr of Govemors Retired 22 November 2021 Appointed 23 November 2020 Mrs S Allom Mr D Bic8rregUI' Mrs T Bowden" Mr$ C Bumham Dr L Gordon Mr J Hood. Mr T Kirkham Mr N Lemmon ProfA H Muggerfdge Mr$ S Munk Mr D Nowlan Mr8 K L Pallerson. Mr C S W Prescott Mrs M Satchel. Mr8 C Shevlin Mrs WIIi8 Appointed 11 October 2021 into a casual vacancy Appointed 23 November 2020 Chair of Governors from 22 November 2021 Retired 23 November 2020 Appoinle(123 November 2020 Reslgned 17 Decèmber 2020 111 Finance and Risk Committee 121 Academbc and Paslorgl Committ?• 131 Nominallon8 and Governance Committeg 141 Remuneration Sub-cothmitleè {61 Jo8ephitg Ethos Commrtlee Pawnl of a pupll al one of the Schools During the year the aclivi118s of the Governing Body were carried out through five committees. The meTnber8hip cf Ihe8e commilleas 1$ ¥hi)wn above for each governor. OFFICERS Hgad$ Sl George's College Weybridge Sl George'3 Junior School Weybridge Mrs RCF Owens Mr A J Hudson The 8ursar and Clerk lo tho Governor8 Mr G Cole Addresses St G•oryo's Colloge Weybridge Road. Addle8lone Surrey KT15 2QS St Georgfr's Junior 3¢hool Thame5 Street, Weybridge Surrey, KT13 8NL Website www.$t eswe brid Page I ST GEORGE'S WEYBRIDGE GOVERNORS. OFFICERS AND ADVISERS Bankers: Natoonal Weslminsler Bank ￿¢ 9th Floor 280 8ishopsgat• .London EC2M 4A4 801Scltor•: Farrer & Co 66 Lincoln's Inn FSeld8 London WC2A 3LH Voole Wa¥brough VizarO$ Orchard Court Orchard Lane Brlslol BS15 Audltorn: Moore Klng81on Smlth LLP Chartered kcounlants and Busin0•8 Advi8•rs Devonshire HouBe 60 Go8well Road London EC1M 7AD Page 2 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2021 Th• Govemors of Sl George's Weybridge present their annual report for the year ended 31 July 2021 under the Companies Act 2006 and Charitie5 Act 2011, thus including the Direclor5' Report and Strategic Rgpori under the 2006 Act, tcgelher with the audited financial Statements for the year. DIRECTORS, REPORT CONSTITUTION AND OBJECT8 Sl George'8 Weybrldge I the Charity, or 'lh8 School'l was founded In 1993, when the running of Sl George's was transfèrred from its founding Congregation of Josephiles lo a lay board of trustees, and is regisleTed wlh the Charity Commlsslon under charity number 1017853. 1118 congliluled as a company limited by guarantee reg181ered England, No 02789023. The Charty is governed by its Articles of Association last amended on 20 December 2010. The Charity's objects, 88 sel out in the Al￿"￿8$ ofA$8ociation, are the advancemenl ofeducatlon by the provi$lon and Gonducl of a school or 8chool8 for boys and glrls lo enable the fulfilmenl of their academlc potential and personal development within an elho8 of Chrlstlan idèals which dertve from Ihe Iradilion8 and leachlng of the Roman cathol￿ Church and by anclllary or incidental education or religlous acllvitie8 for the benefit of the communty. In furtherance of thbs oblecl for the publiG benefit, the Charity operateg two schools known a¥ Si George, College, Weybridge and Sl George'5 Junior School, W8ybridg8 I'lhe Schools.). has established and admlni8ler8 bur8arie8, 8wards and other benefactions, and acts as the trustee and managèr of preperty, endowrnenl8, beque$t$ ond gifts given or 83tablighed in the pursuance of Ihis object. The Charity was known a6 Sl George's College Weybrtdge until 24 December 2012 when Companles House registered the change ol name lo Sl Geor9e's Weybridge. AIMS. OBJECTIVES AND ACTIVITIE8 Alm• The Charlty's alm8 are.. Ip establish the College a8 a day school for 11-18 year old boyB and girls and the Junior School 89 day school for &11 year old boys and glrl8, In which each chlld Is encouraged lo fulfil their polenlial, to offer all yludenls a holistic range of oppL)rtunilies 80 that they can achieve lo the best of their abllity vilhln a framework of shared Catholic, Christlan and Josephile values and 51andards', and lo value and nurtu￿ students as Individuals, giving them a sense of Iheif own self-worth and of th• value of service lo others, thus preparing them for life beyond School. The Board is mlndful of the long-standing need to provide public benefv'l and of the requirements of the Charitieg Act 2011. In this connectlc*n the Board has monitored closely the guidance on public benefit produced by the Charily Commission together wlh its Supplemental guidance on fee-chorging. prtmary ObJ•ctlve¥ The primary objectives of the Charmy lo fvlfil these aims are.. to provi¢te a 81imul8ting learning environment in vthich studgnls can develop thelr academic potential lo the full.. Pagg 3 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2021 lo provlde a happy, safe and seeure pastoral environment, rooted Sn the Reman Calhollc tradillon and shaped by J¢yJephite values, in whiGh students develop a sense of communfy. ¢onsideraD'on, respoct and support for one another., lo providè students with a breadth of Curr￿Ular and co-curricular activities in order lo develop po$f(ively all aspects of thebr character and lo en8ble their tslents lo be dSscovered', lo provide financial support to enable children whose parents are unable to afford the full fees to benefit from a Georgian education., lo provide in8piratr.onal governance and l•adership combined wilh •ffecknve management,, lo provide the necessary 8dminislrallvp and Iryi8llG Iramework lo meet the needs of the Georgian Family. The annual objectives lor 2021122 are contained In the Strategie Report. The aims and objectives sel forthe Charlty's 8ub8idkgry 18 lo facilitate the achievement olthe Chanty's aims and objeetlves as above. GOVERNAP4CE AND MANAGEMENT Gov•rnlng Body There 1$ one Governing Body lor the School. Details of the members of the Governlng Body, together with the Chartly'8 offiGer3 and princlpal advlsern, are glven on pag88 1 and 2. The Governing Body 18 8elf-appolnling. Govemor8 are appointed for lenm8 of three year8 and may, upon re- election, 8erye up lo three terms. Governors may not be reappointed unlll one year ha8 el3p8ed since their last day of prlor s•rvlc•. Recrultment and Tralnlng of Gov•rnor• members of the Governing Body are elected on the basi8 ol various means, Such 83 #eeking 8ppllcallons from the Georgian Family or nominations from the Govgrnor¥ and the exe¢ulive officers. Selection i¥ basod upon the candidates, professional qualities. commitment lo the Schools, experience, personal competence and apacity lo give of their tim?. New Governor¥ a￿ inducted into the workings oflhe Schools, including Goveming Body pdicy and procèdurés, through an induction pr¢ees8 organised for them by the Clerk lo the GoVerr￿r8. New Govemor8 also attend specialist external courses on the role and responsibilities of eharf(y trustees. Members oflhe Governing Body attend external trustee training and information coursey designed lo keep them informed an¢J updated on current Issues in the sector and regulatory requirement8. org•n1*a￿tsn11 Manag•m•nt The members of the Goveming Body are legally responsible for tre overall management and control of the School. They meet four lirne5 8 year. The work of implementing their policie8 Is carried out by five Committees.. The Finance and Risk Committee scrulinise8 revenue, the budyel, capital expendllure, risk, safeguarding, health and Safety. propcts and other matters relating lo the general running of the School. Thls Committee also supervises and finalises the audited financial slatemenlg 8nd annual report for approval by the Governing Body. The Committee meets three limes per year and reports lo the Governlng 8￿. The Commlttee is chaired by Charles Prescott. Page 4 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2021 The Academic and Pastoral Committee c¢)nsiders educational and pastoral policy The Committee meet$ three lime$ per year and report8 to the Governing 80*. The Committee is chaired by Ann Muggeridge. The Nominab'ons and Govemance Committee considers governor succession and Screens nominaled candidates for govemorship. The Committee meets as required and report8 to the Governlng Body. The Committee i¥ rhaired by David 8icarregul {a8 of 22 November 20211. The Remuneration sU￿cOMMittee conslders all aspects of staff remun¥rat4on. It meets three ￿Me9 per year as well 8s hosting a consultation meeting with staff represontalives. It reports lo ihe Finance and Risk Committee and Is chalred by Jason Hood. The Jo8ephlle Elho8 Committee was formed on 19th September 2019 and Is charged wllh over9eeSn9 the active continuance of the Jo8ephile Ethos al St George's, recognising that the number of religiou8 in the Congregatson in Europe is in decline. 11 meets al least 3 Iini85 per year and its members con$i81 of Governors, Josephile8 and Staff. 11 reports to the Governing Body and is chaired by Louise Gordon. The Board delegates execullve responsibilities lo the He8d8 of the respective schools and lo the Bursar wholg Clerk lo the Governors, Company Secretary lo the Company and a director of the Subsidiary and joint venture companle8. The Head8 and the Buryar attend all rneelings of the Goveming Body's Commillee8. Stmcturn and R•latlon•hlp• The SGhool ha8 one ￿ollY owned non-charftable subsidiary, Sl George's Weybridge Enterprises Limiled, whose annual profil$ are donated lo the School under the Gift Aid Scheme. The trading activities ol Sl George's Weybridge EnterpTlSes Limited primarlly comprise a retail oullel and revenue from lelllng of the school campu3 facilities not In u8? by the Schools. The School also has a joint venture, St Georg&'s Weybri¢Jge and Surrey County Tennis Centre Limited I'th¢ oinl company'l, which is owned in equal partnership wffh Surrey Lawn Tenn18 As8oclation. The purp08e of the loinl company 18 to maintain and operalg the tennis centre and operate a public memberghlp 8cheme lo raise revenue to off8el the running costs olthe centrè. Employm•nt and Romunerntlon Poll¢y and Engagom•nt wlth Employ• We gngage with our employees about future School activities and issues of diiècl ¢oncern18uch as terms and condilion$l through a range of mech8n18ms. All employees have the opportunrty lo elect colleagues to represent them on various committees and groups that meet from lime to Ilme. including Teaching Staff Common Room C¢Jmmittee8 and the Busine8s Stsff Forum. We also engage with employees through questionnaire8 and 8tsff meetings. and there possible inGlude repre$enlalive5 in the development of HR policie$. We h8ve a range of detailed HR policies to support and have regard lo our employee¥. interests, our chantable 8nd buglness objectives and to ensure compliance wrth employment legislation. As part of ensuring that th8 regaTd lor employee intere818 affects Company decisions, in May 2018. all staff were invited to participate in a Staff engagement survey covering all aspects of their employment. Results were overythelmingly positive wrth 94% of staff agreeing they would recommend the School a8 a good place lo work. Governors lurther dernonstrale regard for employees, interests through staff remuneratson. Remuneration Is decided annually by the Board after receiving recommendations for annual pay rises from the Finance and Rlsk Committee whlch in turn ￿ceIVe5 recommendabons from the Rernuneration Sub-committee. Teaching 51aff are paid on an internal scale wlh progress determined by appropriate performance and time. They receive additional payments for management responsibility and duties above the contractual norm. A minority of business li.e. support) staff are paid according to an internal scale with the remainder of business staff remunerated with reference to the market rale for their sector. A range of benefits is available to staff such a$ workplace pensitsn contributions, 81aff lee ￿MisSion, life assurance and enhanced access lo private health cover. Page 5 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2021 From September 2021, Teachers Gan opt out ofthe Teacher5, Pension Scheme and join a defined contribution pension scheme. together wlh equivalent critical illness and life cover, thus providing added choice. Bu$ine88 staff can elect to contribute lo their ycheme through galary exchange, benefrting from the tax 88ving. Senior staff femuneration is linked lo their performance appraisals and is recommended by the Remuneration Sub-commrttee and approved by the Chair ol the Board, Chair of the Finance and Risk Committee and the Chair of the Remuneration SulFCommittee. The Sthool has published ils Gender Pay Gap report for 2020 which shows a mean gender pay gap of 13% 12019.. 15%) and a median gap of 25%12019.. 23%) due to tha 81gnlflcant malorrty ol our lower Pa￿ roles being taken up by women. The Schsjol IS an equal opportL4nile8 employer and wlll treat all 8mployee8, members of the Georgian Famity 11 e. people who have an a$$ociats'on wth the Schoo151 and any person visiting the School in accordance wlih the Equalities Act and the School expects all employees and all other memberB of the Georgian Family lo comply with thi¥ pollGy. Full and fair consideration is glven to job appllcations from disabled per80ns and dua conBlder8llon18 given to their training and employment needB. 8TATEhlENT OF ACCOUNTING AND REPORTING RESPONSIBILITIE8 The members of the Governing Body. ¥¥ direGlors oflhe chaniable company, are responsible for preparing the Annual Report and the financial 8lalements in gccordance with applicable law and Unrted Kingdom Generally A¢￿PIt￿ Accounb'ng PraGtice (United Klngdom Accounting Slandard81. Company law requires the mem￿r5 of thè Govtrming Body lo prepare financial slalements for each financi81 year. Under company law the Governing Body members musl not approve the financial 8lalemen18 unle88 they are satisfied that they give a true and fair vlew of the slate of affairs of the charitable comp8ny and ol the incoming reyourceB and application of resources. includlng the Income and expendllure, of the charllable company for that perlod. In prep8rln9 these financial stslemenls. the Goveming 8ody members are required to.. select the mog1 guilable accounting policles and then apply them consistently., observe the method5 and pnneiples in the Ch8rllie8 SORP., make judgments and aceounling eslimales that are reasonable and prudent., 51ale whether applicable UK Accounting Standard5 have been followed, subject to any material departures discloyed and explained in the financial slatemenls., and prepare the financial statements on the going concem basis unless it ig inappropriate to presume that the charitablè cempany will continue busine88. The members oflhe Governing Body are responsible for keeping adequate accounting words that are gufflclent lo show and explain the charitable company'8 transactions, di8cK)se with reasonable accuracy at any bme the financial p0511ion of the charitable cornpany and enable them to ensure that the financi81 statements comply with the Companies Act 2006 and the proviyions of the School's constitution. They are also responsible lor Safeguarding the a55ets of Ihe School and hence for tsking reasonable slepg for the prevention and delecbon of fraud and other Iiregukanties. Ingolar as each of the Dlreclors, as member8 of the Governing Body at the dale ol approval of this repgrt, ig aware, there ig no relevant audlt information {infomiation needed by the charitable company's auditor in connection with preparing the audit report) of which the charitable company's auditor is unaware. Each mgmbgr of the Governing 8ody has taken all the steps that he or she should have taken as a member of the Goveming Body In order lo make himself or herself aware of the relevant audit information and to establish that the ch8fTiable company's auditor is aware of that information. Page 6 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2021 STRATEGIC REPORT Governors havo consistently acted in the way we conslder. in good faith, would be most like￿ to promote the 8u¢cess of the Charty which is in the best interest8 of ils beneficiarifrs, and in doing so have regard (amongst other mallers) to.. The likely consequences of any decision in the long terni. The intere818 of the company's employees, The need lo foster the Charity'8 relationships with its beneficiane8, customers, suppliers, and other¥, The Impact of the Charity's operations on the community and the environment, The de8ir8bilily of the Chaity m81ntaining a reputation for high standards of business conduct and, The need lo act fairty Th15 ha8 been achieved through th? applicat'on our Mi88ion Statement, Strategies and resulting actr'on plans 89 sel out below. ISSION STATEMENT To inspire all In our Josephitè, Georgian Famlly lo be the very best verslon of them¥elve$. STRATEGIES TO ACHIEVE THE PRIMARY 08JECTIVES The annual objective8 are derived from the Sl Getsrge'8 Weybridge Strategic Plan, whlch has a 2+ year horizon and groups strategic objectives into tho follo￿n9 themes" Ethos & Culture. Academic, Enrichment, People. Georgian Family and Communily. Each of these themes ha8 an accompanylng 8tralegy whlch In turn ha8 number of plans designed lo make tangible progre8s against the 8lralegy. The ye8r hag again been disrupted by the Covld.19 global pandemic. The Govemmenl caused sehools lo close from January-February 2021 and St George'5 Switched again lo a remotelgamlng offering for all bul the children ol key-workers, lees were discounted proportionally. This commercial decision enabled us to preserve goodwll and parental support through ctsnlinuing lo pay fee¥. our primary source of incom?. The College campu8 was c108ed down lo the maximum extent possible, with supeNision of children of Key Workers carried out at the Junlor School campus. All staff not essential lo the remaining functions of the School were placed on the Coronavirus Job Retention Scheme. Governors retained the funds from the Coronaviru¥ Buyiness Interruption Loan taken out In 2020. to ensure sufficient cash regeNes. Increased funds were, once again, made available lo the Hardshlp Bursary Scheme lo enable assistsnce lo be given lo families hardest hil by the pandemic. From September 2021 the Schools have re-opened iiiilh far fewer Covid-rel8ted constraints than before and, whilst keen attenlion 18 required to manage the effect8 of the pan¢JemSc, strategic focus Ss retuming lo our medium and long term objectives. These include respondin9 to the increase in demand al 11+ land attendant decrease al 13+1 by increasing the sizes of Years 7 and 8, Also, increasing our accommodallon and staffing structures lo enable the vast majority of our Year 11 students lo progress into our Sixth Form. A wrap-around care provider has been engaged lo enable working families to gend their children lo our Nursery and Junior School. In addition, Governors look an unexpected opportunity lo acquire 30 aues of land lo exl•ntJ the Junior School 81te. The land is in flood plain and green belt but provides long-term potential for a range of uses. At the College, a major project lo install Ground Source Heal Purnps is underway, which will dramatically decrease our gas consumption and thereby reduce our greenhouse ga5 emissions through healing by around 90%. Equity, Diversity and Inclusion is an Important focus for 811 a￿a$ of the School with a formal slruclure, including governor involvement, in place lo ensure momentum is maintained. In the Public Benefit area, a5 well a5 our extensive Transfornialional Bursary Scheme, for which 8 major fund-ralsing appe81 has already been hugely Page 7 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2021 successful, we support a number of local schools and are developlng a strong partnership with Jubilee High School in Addlestone, as well as maintaining our links other local slatè schools including those wthin the Xavier Catholic Educational Trust. ACHIEVEPAENTS AND PERFORMANCE Progross ag•ln•l Annual Oblectlv Obloctlvo.. Further eniiance our continued engagement with our Georgian and local communities during the CovKI- 19 pandemic Progr•#•: Parentsl support and engagement remains Strong and demand 18 very high for the &hool. We have made notable progres8 in partnering wth additbnal local stale schools. Maintain and further develop our ability lo delSver suslalned and high. quality remote learning lo all age groups Our remi?te learning offering has prgven to be very $ucce88iiJi with good thelg of parental Support. There is, however, a clear desire from our parents to rglum as qutkty as po$¥iblg to normal in- School education. Implement oGlon3 to move the School towards an active anli.raci8t culture Actions have been implemented at each schoo1, to engage our ethnically diverse familie8, to attr8cI more lo our staff and lo mpower and equip our existing Staff to be more anli-r.aci8t. Formal EOI structures are now in place to drive this, and other Inclusivity..!hemes. The Appeal 18 uniierway anii, already, funding for 4 new lull bur8aries ha8 been donated or pledged. This w511 be an ongolng apwal. Launch a long-iemi fund-raisSn9 campaign, wllh an Inlllal objecllve of 20 new Transformational 8ur88rie8 R8vlow of Achlov•ments and P•rfomianc• for th• Ywr Acad•mlc Sl George's College sludenl8 were agaln awarded an Impreg8ive sel of Teacher Assessed Grades (TAGS) this summer. 99.80kn ofgrades were A.. C alA level. wblh 96°A al A'_B and 77.4% al A'_A. Ourtop 25°h ofcandidales galned the equlv8L•nl of three A. grade8 al A level and an EPQ Grade A.. Seven students were offered places al Oxbridge and Students were accepted lo medical school. One sludenl earned a scholarship to study al HaNard Univerglty In Amerbca. 93% of students gained a pla￿ at thelr first choice of university and 950A of studen18 were admltted lo either their firm or insurance choice. Over three quarters of our sludenlg going to university thi8 year wll be attending a Russell Group university. AI GCSE. the College achieved 100% five A. C grades. 96 8tiidenl8 were awarded all A.. A grades compared with 71 last year, including 34 who were awarded al least 10 A. grades or more. 71 % of grades at GCSE were an increase of fourteen percentage points from last year. 63.4% of our rn081 able Malhemalicians gained A. in Further Maths GCSE. Five 91udenls were awarded GCSES in the following extra-curricular languages.. Oulch. ltslian and Mandarin all A's,. Mandarin and Turkish al A grades. All Year 10 (Fourth Yearl students were entered for the IGCSE Engllsh Language. a year early, wlh 100% gaining A'.B grades. One Fourth Year Students gained A"s in Mandarin and Spanish IGCSE and one Third Year student gained an A. in Spanish IGCSE. Page 8 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2021 Al the Junlor School there were 89 pupils in Year 6 an¢J 83 of those pa89ed the entrance examination lo Sl George's College, vhth 71 ac￿plIng places for September 2021. Junior School children were awarded seven Academic Scholarships, one Art Scholarship and one Art Exhibf(ion, three Music Scholarships, four. Sports Scholarships and one Tennis Scholarship to the College. Considering reslriclions due lo the global pandemic, our library remained closed for most of the ygar. However, we launched an online e-book facility from Year 1 to Year 6 allowing the children lo read and answer related questy'on8 and ensure leacherg could continue lo monltor the children's progress. Visrtors were unable to attend in person and activities had lo be ￿nduCted within Year Group bubble8, this glgnificanlly reduced the provision on offer. The whole school celebrated National Poetry Day, wlh Year 6 writing poem8 on the theme of'v￿810￿' and Worfd 8ook Day was celebrated in 'Reading Den¥ created in all our Georgian howe8. Inlor-Hou8e Public Speaking competition, judged by the College Headmi8lr8s9. was a real highlight in Year 6 and a pupil won an Awesome Book Award for a review of'The Switching Hour Year 4 ￿rne 2r￿ in Ihg LileraGy regional final8 and Year 5 attended a virtu81 poetry workshop wilh Joshua Sei9al. Yeaf 5 General Knowledge Quiz teams came 12th and 171h ￿SpeCtIVelY and Year 6 Team 1 reached the Maths Challgnge Nalional Finals on¢e again, placing camfr 6th Ye8r 4 and 5 performed incredibly well in their ESB examinaliony and Year 6 served the community during the Oultsach Programme. The Science and Maths departments worked together to put on a Covid Safe Science and Maths Week where children from Nursery lo Year 2 gnjoyed an explosive and exciting show by the Science Magician and children In Ye8r8 3 10 8 listened lo an informatsve talk on birds of prey., where the firm favourile was Marmalade, the 5 week old bam chlck. The HumanS1ies department adapted their topics, allowlng chlldren lo really dive into Ihelr family history by interviewin9 grandparents, reviewing documents and discovering old photographs. Hi¥tory Club'¥ highlight was a workshop on HMS Neptune h081ed by Adrian Fewins. Year 5 headed off lo Juniper Hall for orienteering, map and compags Irai18 and a fasanating land use yurvey. Despite the chalbnges presented by the pandemic. the French Department was able lo offer a lull 8nd varied programme of ¥tudy across every Year Group. The notable exclusion was the annual Year 5 residential French trip. The inlr¢>auclion ol an oddilional ¥peGiall¥t teacher of RE and increased le880n Ilme In Upper Years h85 had a positive impact on the delivery of RE within the School. 11 is now becoming possible to cover the full curriculum a8 sel out by the Diocese and, a¥ a result, increasing children's religious knowledge and under8landlng. Mu•lc College GCSE candh1ales perfomed very well 63% Grade 91A' and 100% Grade 9-71A".A. with positive Value Added. Both A level gludenls achieved an A. also leading to positive Value Added, and both accepted places lo $ludy Music al Universrty. one with a Choral Scholarship lo Robinson College, Cambrid9e University. th the continuation of the pandemic, and the reslrtctions and miligalions placed on group music making, thè extra-curricvlar provision lor the Music Department was 88dly dimlnished, and we saw a postponement of all live concerts for both the Christmas and Easter Terms. However, we are very proud lo say that all students We￿ offered the opportunity lo attend one rehearsal a week (Allemaling be￿￿n Inslrumentsl and Vocall which took place in Year Group bubbles. The Flrsl Year Students also allended a Composition Club before school on Mondays, and Grade S theory lessons were al80 taught in year group bubble5 before school. Lunchlirne Live Reciials continued. albeit in the guise of Lunchtime 'Nol So. Live, and the scho18rs were especially good al submilling recordings lo be collated in a video sent out to all stsff at the College. We were delbghled to have a brief reprieve at the end of the Christmas Term, and are very proud Page 9 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2021 of the Fourth - Upper Sixth students who formed a miniature Chamber Choir, and were able lo pull tO9elher phenomenal Service of Nine Lessons and Carols whlch was live Streamed to the Georgian community. The Easter Term saw the continuation of the above aetivilies induding the Lunchlime 'Not So Live, Recital5. The Summer Tem saw the return of live perfomanGe8, and eaGh year group was assigned a LunGhtime Llve slot in the Chapel. These wero extremely popular, and il was fantastic to see so many students making use ol the performance plafforrn. We also held a remote Inter House Music competition and received an incredible number of recorded entries, all a very high ylandard. This clearly demon51rates that deypile the hurdles we faced throughout the year due lo Covld-19, Music continued lo thrive al the College, anTrJ the students ￿allY made the most of all the opportunities they had to participate in musical aclivilies. A nO￿OUnd sense of 8pprecialion for mu8ic-making has urtimalely arisen in both the students and stsff and we are very much looking forward to building upon this in the years to come. R•luming to th8 Junior School In September 2020 with all the Covid reslrith'ons regarding Mu8ic, k mtrsnl rethinking the curriculum, trying to find ways of 91ving the pupiL8 as many practical music-making experience• as possible whilst at the same lime, adherlng lo the govemmenl guideline8 when it came to singing and playing woodwind and brags inglwmenl8. Despite the challenges of the past year. chiklren were stsll able lo lake instrumental exams both In person and remotely. An ABRSM examiner was able to V1511 the Junior School at the end of every term even the Ea51eT term. Despite leaching rernolely for the majorty of the term, pupils were ible to lake their exams having only been back al 8Ghool for one week, thanks lo our VMTS continuing lo teach the children remotely Ihroughoul the lerni. Over the year, 58 pupils look an ABRSM exam in school gaining 20 P88se8, 27 Merits and 11 Oislinclions a8 well as a number of pupi18 taking their exams externally through a number of boards includino ABRSM. Musical Theatre, MT8, RockSch$301 and Trlnity. Currently 660A of pupll8 In the Upper School are havln9 ellher 1.1 or palred bnslrumenlal18$8ons and out of seven polen1181 Muslc scholars, four were awarded 8cholarship8 to the tollege. We are very lucky al the Junior School lo h8ve both the chapel and the ijramg h911. Th•3e Jpa¢è$ enabled us to slill be able lo offer our pupi18 the opportunty to Sing In a choir, di8t8ncing 2 m•lre5 apart. Instead of the choirs being across year group¥. we crealgd four year group ¢holr¥ Iyears 341. We also ¢roaled a Year 6 String Ensemble and Year 6 Woodwind Ensemble. We rehearsed every week both in perBon and, remotely for th08e hgving lo isolate. Instead of having ￿¥0 Carol SeNice8 al the College chapel, we h8¢J four year group Corol S¢rvi¢es (Years 3-61 at the Junlor School chapel. Each year group choir ytarted the service wth Once In Royal David's City Hnd also performed songs and insl8ad of thè congregational ¢aro18 lal the Ilme ¢olle¢live singing was hol permilled under the Covid guideline51. every class perforrned a carol on tuned percussion. Despite all the reslriclions, there was something very gpecial about these 8ervlce8 and the children all performed beautifully. All four 8ervices were live streamed so family and fnend8 could enhoy the Services. Informal Concerts, A8RSM Concerts, Inler-Hou8e Muslc compelillons lin year group bubble8}, Lower Year8 nativits'es and the Year 6 Summer Concert all look place during the course ol the year, each event being live Streamed for the paienlg lo be able to enjoy and for the children lo be given a platform to showcase their talenlg. Sport After havlng a very promising year of sport cut 8hort due to Covid in March, we returned lo school in September ready for some inlra-school ¢ompetilion, as all schools wore trying lo limit the ¢onta¢t from outside. It had ils challenges, wlh group$ working in year group bubbles bul this also allowed for creative coaching Sessions and some competitive inter year group fixtures. Saturday's were thrown up to a rotstion of actwilies, with Easter term sports allernaling in from the half-lemi break lo allow for further compets'lion. A real first for the College was seeing cricket played through to ha￿-terrn. with good weather and great work from the grounds team helping to f8cilrtate this. Page 10 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2021 January again saw us go into Lockdown but the ¢Yepath)enl rolled out an increased offering of remote extra- curricular activities, vthich had a high level ol engagement. I wa6 Incredibly proud ol the PE programme that continued lo develtsp for the summer, with cameras adding an extra diMenS￿n to %that we wore able to cover. The highlights of the ECA programme were.. ve Games 8es8lons (hockey, netball, rowing and filn&s$1 Junior & Senior Fitness Clubs (Tuesday & Thursd*y evening) Hockey Skilly ITuesday eveningl CyGling Club Ilurbo trainers and peloton blke8- Monday evening) Hockey Movement Skills {Family session - Saturday 10am) Running Club (Teams then slrava - Thursday Ev&ningl Pilates (For whole Georgian Community- Saturday 9am) The summer saw a welcomed'return to school and competitive inler-8chool fixtUfe8. The crlcket. lenni8 And rowng programmes enjoyed btslh block fixtures and competitions. 11 certainly fell strange having matches wilhoul parents present, bul this much needed return lo normality for students & staff alike allowed all programme8 to recover b819round from the p￿VIouS summer. We still managed lo progress in some summer compatilion8, with the real hbghlighl belng the U18 Boy8, IV Rowing Team winning the National Schoo18 Gold in some slylel One sludenl representing England in Glrl8' Hockey al U16, two 81udanl8 represenllng England U16 8oys' and one student representing England in Boys, hockey al U18 U14 boy repre88nllng the GB Nallonal U16 Age Group al lenn18 We al80 have three U168 lone boy & two girl81 involved In the Elile Player D￿elopment Programmè wlh Surrey CrKkel, Al the Junior School, Piaise P081card8 and C8rrol8 are being awarded for offort ond aGhievgmenl. Sports highlights lo date below.. U11A IAPS South Regional Wnners The U11A team vlon the Cranleigh lournamènl U11 B team won the Cranleigh loumament U11A Danes Hill lournamenl runners-up U9A Hawthorn8 toumamenl wlnners U8A SGJS Tournament winners U88 SGJS Tournament winners Qualrfied lor U11A IAPS National Finals'on 26￿ November All gir15 have had the opportunity to play for the school in hockey matches this tem. resu118 calculated inlemall as man of the com litions are now run as festivals U11A IAPS Rugby tournament- best playing record, 3 wins AII Ix)y8 have had the opportunlty to play for the school In rugby matches this lerrn. Netball U11A Guildford toumafflent winners G mna$tic$ Squad sessions have taken place throughout the year for Gymnastics on Thursday and Friday morning CT05S-counl GHS XC event112 schools) U11 indlvldual winner, team.. U8 2nd U9 131 U10 3rd and U11 3rd Page11 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2021 We will be hogting an U8-U11 XC on Monday 28th March with St Charles, St James. Cardinal Newman, Holy Family and Cleves mmin vision for m iniain School A 9 week programme for Darfey Oene Primary School is plann￿ to tske plaGe al the Junici SGhool in the Summer term 012021, as look place in Summer 2020. der Irainin 20 pupils will be trained by Active Surr•y lo ￿CoMe Sports Crew on WedM8day 19UI January. Art In a year of slgnlllcanl dbsrupllon it wa8 very p￿asing lo see the GCSE and A level students work with delembnalion and prlde lo m8ke sure they 8ubmittÈd practic81 oulcomè8 of the highest standard. Wllh some •xceptional 8UPPQrt from the leaching l&am, 8tudenls were able to catch up mlssed studio lime through additional after school sessions and 8essions during each holiday. Thi8 commttmenl was ￿warded by strong set of results. wth the A level students recording 50% A grades and 100% A'_B. 11 was 0180 Very plea8lng 10 888 one Sludenl being awarded 8 place to study fa8hion 81 the prestigious Central Sl. Martins, Their improvement and development 08 art151s wa$ al$0 very plgasing and the group gcore(l a grade 3 overall for Value Added on Alps. The GCSE students performed at a high level producing some of the most ambitious outcomes we have seen. They achieved 39% 9-8 grades, 71% 9-7 grades and 100% ￿6 grades. Pleasingly, despble the dlsruplion. 8 very promlslng group of thege gludenia have opted to take A level Art Ihls year. The department was unable lo offer the u8U81 r8nge ol extracurricular activities and trip8, bul the team threw themselves Into delivering a huge amount of addlllonal support for our exam students after school and during the holiday8 a8 we goughl lo make up the studio lime they had lost through two lockdowns. Along8ide this we were able lo run after school olub3 in 8¢feen prlnling for First Years and an Art club for First 8nd Second Year¥. During lockdown we ran online clubs for KS3 and s¢holar8. Life drawng was able lo run in the Christmas tgrm for the Lower Sixth, while scholarship preparation yessions for 13• ran through a mix of online and studio workshops over the year. We also ran a House competition to create the chaplaincy Christmas card, whiGh had a high level ol participation acroys all age group8, and oulGome$ were used not only by the chaplaincy bul also for the Head'8 newsletter and in the Christm88 chapel assèmbly. The lockdown in the Easter term was challenging bul gave u$ the opportunity lo explore new SOWS and ide48 such as photography, typography and 8culpture uslng found malerlals, whilst also developing our digital skills (both Students arid teachers!). Our Summer exhibllion had lo move online bul this enabled us lo ghare the work with a broader audience which 18 something we will certainly look to relain alongside our physical show th18 year 118180 mean8 we have a wonderful archive of the work produced in this challenging bme that the 8chool and students can look back on wth pride. Al the Junior School, 11 has been another year of disrupted learning wf(hin the Art & DesS9n Technology Departmenl," wllh another lockdown in January. This has forced the department lo ad8Pt again, but due to this, ha5 lo some rew¥rding outcomes, In Art, Year 6 created ModRoc movement figures which developed on lo pencS18urreal anlma18 ￿th pa8lel background8. Year 5 ¢￿ated watercolour lantjscapes vthich developed on lo ceramic creatures, inspired by Haeckel. Year 4 created Ihelr own version8 of painted, mixed media African masks which developed on to polylile printing, inspired by Willshire and Van Gogh. In Deslgn Technology IDTI, Year 6 created plaslio and foam clocks %thich developed on lo electronlc robot8. Year 5 ¢￿ated cardboafd marble runs which developed on to wooden Zoetropes. Year 4 created wooden catapulis, inspired by the Greeks and Romans vthi¢h devfrlopod on pneumatic Claw games. At the end of the A￿umn Term, we decided lo change the rouline frjr the Christmas tree We asked all pupils in the school to create a decoration. This decoration was created on an A6 plasb'c sheet that was shrunk down by 4 limes and looped with a striped thread. These ornamen15 were used to decorate the large Christrnas Tree Page 12 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2021 srtualed 81 the bottom of the Chapel slairs. There was a lovely sense of magic and awe when the wpils and stsff saw the finished school community tree. Pupils wer8 abL9 to lake their decorations home in January as a memento. We are hoping lo do the same this Christmas. Remote learning Game into place just afterchrlslmas break. The pupils were laughl a Series of different projects, focusing on Art. In$lru¢lional videos were fi'lmed and uploaded lo Microsoft Teams through YouTube. These videos helped pupils to develop a range of Skills from mark making, pencil blending and typography developrnenl. The decision was mafje lo not leach DT remotely and wail until the children returned lo $chool, due to the d1fficul￿$ last lockdown. To celebrate the return lo School. just bgfore Easlei break. all pupils in Year 3, 4, 5 and 6 embarked on a vast prolecl c811ed 'The Paper City, an NHS and Keyworkars Thank You,. In total, 294 paper clties were made by 338 puplls. These paper structures were filmed ag part of an everlasting city where vehicles changed in the foreground. T,he$e vehicles represented the NHS and Keyworkers that have kèpt the country moving through 8uch a tough time. The mini citie5 represented not only the children that were back 109elher, bul also the communlty. The video is completed by a recording ol the Junior Cholr singing 'Wonderful World, accompanied by three Year 6 pupils playing Djernbe drums. This wa8 lovely opportunity werg all pupils lell included and represented. Thlg video is currently on our social rnedia platforms. This academSc year. two Year 6 pupils from the Junlor School received scholarships lo the College which wa8 8 fanlaslic achievement. One pupil received a full Art Scholarship, the other an Art Exhibition. Dr*ma Al the College, the disruption caused by Covi&19 saw separate year group8 •tage their own plays in thèir year group bubbles. Six productions look place involving B7 students from the Second Year lo Upper Sixth th both streamed and Bocially distanced perfomi8nce8. As usual, our students operated the sound and lighting 5yStèm$. A lolal of 10 8ludftnt8 were involved wth mo8t originating their interest from our lunchtime Fir51 Year Technical Theatre Club. Two Sixth Form sludenlg also helped ¥￿th the design and conslrucllon of wlgs. The 2021 Comedy Season began with the Fourth Year performance of Confusions by Alan AyGkbourn. A Y(hough many in the cast We￿ reluclanl to p8rfomi. having experienced the disruption and debilitating effect8 of lockdown, rt was greatly lo their credit that they delivered such a riolouyly fijnny evening of entertainment with sharply pointed undertone8 of the eccenldcllles that human loneliness can provoke. There was no holding back the Secon¢J Years tho returned to complete and perform their version of A MKlsummer Nuljt's Dreom which began r&hearsing the previous year. Their energy and enthusiasm made them 8 pleasure to Work with il and they gave an exciting and dynamlc Ilve-slreamed rendition of Shakespear8'8 comedy. The Senior students staged three French Comedies spanning three cenlurK•s by Moliere. Marivaux and Feydeau to small invited audiences of parents and friends. Th8 Conslgnl Pl8y8rs and Caught wrtlj lJ15 T￿nCe Down were given period settings whilst the culmination wa8 the Lower Sixth performance of Martin Crimp's modern adaptation of The Misanthropo. The final performance Of the year was the Third Year in a radical staging of Ibsen's A Doll s Hous& with multiple Nora's and c081umed in drfferenl decades from the 1870's through to the final duologue sel in modern day. It was an evocative and poet￿ rendering of aspects ol the experience of marriage for women across time and those that Saw li were hugely impre35ed by the maturty of the actsng and inlerprelation. GCSE and A level performances were again supported lo a high standard by the lechnlcal staff of the department, particularly in the immersive staging of M8asure for Me8sur8 by the Upper Sixth. 11 was a huge Page 13 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2021 tonic for all when their friend¥ re$pond8d 4wth such excitement and itiy lo thè powerful dramatic effects omployed. July saw our Dance ShoKa8e, choreographed by the school dance teacher. This waj vldeoed and DVD cople8 were given lo each dancer. LAMDA was a great suc￿¥9 thi¥ year., 59 students taking exams in June with an ¢JJtslanding 72% achthlng distinctions and 28% achieving merrt¥. Al the Junior School, things are slowty geth.ng back lo normal after the upheaval of Covi&19 and are going very well. Al thè end ol the last academic year we managed lo say goodbye lo Year 6 with the rock opera'Shake¥peaTe Rocks.. A brilli8nl offering wlh 80me fantastic performances and singing. It gave the students a fun view of the hl31ory and Ilme of the Shakespearean period Genlred around the globe Ihealre. The Mu¥1¢ department were on hand lo dellver wonderful support and we achieved a brilliant mu8ical- albeit a Bocially dlslanced ong. We had hoped to perfomi il live, however the live $lream Its the parents proved to be a massive hf(. Year 4 dèvelopèd their physlcal characferisalion by complellng a 10-week course on the baslcs of ma8k. During the course they learned how lo understand the emollon of the mask In order lo Inform how the body should move based on the emotion alone. They have develowd 8 huge urNler8tanding of body k7nguage and rhythms which wll aid their character development further down the line. For year S, the Music and Drama department leamed up once more to uoale our vory own silent rilm festival. E8ch class is split into and they developed their film¥ on a story b￿rd, understood wh81 they would need In the form ol costumes and sel and filmed ihem on loGations throughout the school. We then had a film 'feslival' where each class wefe shown their fllms and then they ployed the music live to accompany the film. This gol them used lo the idea of genre and how that affects the mood of Ihe acting and Musical 8core. Thi8 ronged from horror lo ¥14psbck. In the new aGodemi¢ ygar our first port of call is the Year 5 play. They performe¢J 4 Shert Shakespeare shorts,, Julius Caesar. Romeo and Julièt, The Tempest and A Midsummer Nlghl'g Dream Although heavily abridged, the Language remained the same to challenge the sludenl8 while gelting them used lo the text in order lo make11 seem less daunting. Con3iderlng the Short 8pace of lime they had lo gel this under their bell, they were fantastic. Each play had118 own Identity and theme that they really threw themselv88 into. It was also a joy lo have parents come into the Performing Arts Centre and make use of the wond?rful new auditorium- it proved lo be quite ex¢lling having 8 live Audien￿ again. Year 6 had a tremendous year their LAMDA speech and drama exam8. In the Summer temi they ompleted their course for verse and prose, public speaking and acting exams achieving an 83% DistsnGlbon rate. Co.curricular A¢tlvitle• and Trlp• In another year blighted by Covld-19, the students al St George's College were still able lo enjoy the opportunities afforded by the extra-curmcular programme and we even managed a handful of Iripsl In 2020-21. the DIE guidance lo maintain 'year group bubblg$' meant that ¢lUbs1s￿letI9s had to be $ingle age groups and so the Music Department ran vo￿1 and instrumental ensernbles for each of First, Second and Third Year. Smaller numbers In Fourth and Fifth Year allowed these students lo be together, with 9grial distancing. A miniature, socially dist8nced Chamber Choir made up of 13 singers from Fourth lo Upper Sixth provided music for Masses and other special occasions, such as the Service of Nine Lessons and Carols. Naturally, Georgians chose not to take the easy roule for o curtailed Duke of Edinburgh Award,. indeed 114 Third Year students took part in their Bronze DofE Expedition, with 27 studen15 having achieved their Award Page 14 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2021 so far,. 87 Fourth Year students and 36 Fifth Year students did their Silver DolE Expedltlons ￿￿th 23 8tudenlB having achieved their Award lo dale lone sects'on has a 12 month duralionl and 16 Sixth Forni students completed thelr Gold DofE Expedition. 2020-21 is the first lime that the College has offered all three levds of the Duke ol Edinburgh's Award. Many Students attended weekly clubs covering a very broad range of interest8. including but not limited lo.. crochet, board game5, debating, marine biology. Lrterary Explorations, 8RIC (indoor rown91, Lego. Anki Overdrive, life drawing. Kepler18cien¢el Society, cro88 country. H15tory Conspiracy Club, Digital Leaders and Dungeons and Dragons. We were obviously unable lo pul on a full programmè ol trip$ in the Extension Programme, bul some highli9hls included work8hop8 on astronaut training and stand-up Gomedy Inol togelherll, the Big Conversation l&aGk LSves Mallerl with author Stephen Boume and a visit lo Kew Gardens. There were 50 academic scholars in the programme last year. The Aclivty Centre ha¥ been very well occupied with students before. durlng and after school, taking part in activities from cheerleading lo badminton. yoga, dance and fitness, as well 89 the College'B main sports. Particu18rly ol note are the ones which continued remotely during the Eater Temi lockdown.. pilales, fitness, running, hockey skills and cycling. The whde of the Flr81 Year vi8I1ed the Roman palace al Flshboume., A level Geographer8 collected data on Hayling Island and we man8ged one ￿sident￿41 Irlp, just before the Jlart of Ihlj 8chool year wth a pre-season hockey lour lo Exeter Universityl Already In 2021.22, students are delighted lo be back lo mixed age group aclivlliej. Al the Junior School, prior lo the start of the Christmas Term 2020, we had lo re-organise the Activity Programme in accordance wih our Covid Risk As8e88menl wttich con8151ed of Year Group bubbles.. Activities that might have previously been offered lo fv40 year groups were re81ricted to one, bul the commllmenl remained lo offer as much breadth and variety lo the Activity Programme aj possible. Extra clubj were sel up io provide opportunities for the Children such as Year Groups Choirs wrthin the Upper Years. These children were able lo share their singing skills within Year Group Carol Services al the end ol term that were live streamed lo the home8 of parenlg, gr8ndparenl$, and other inlergsled parties. Where p088ible, we irted lo offer more outdoor activity provislon, broadenin9 the opportunitie$ for outdoor leaming in Forest School, Eco, and Gardening Clubs, whlch all proved lo be very populor. The SVP Club w88 not able lo vl8rt the local care home. so we sel up a 'Georgians in Action. learn, which Gonsisled ol a 8mall team ol helpers who wiole cards and Shared me8sage8 and glft8 which were delivered lo our local elderly friends, wonderful Georgian Spirit by the childrenl We had to rfrslructure elements of the Year 8 Georgian Outreach IGOI programme to support the Covld meayures that we were working with Once again, we explorecl opportunities for learning in the outdoors supporting an Environmental Project on Esher Common as well as one on the doorstep ¥upporting the farmer whose land backs on to Broa(fv4aler Field. We were able to use the training offered lo our Year 6 Sports Leaders lo crganise Sports activities for 80 children from a local Slate School as well as some Forest School l•ssons in our'Georgian Glade All pupils within Year 6 were Involved with the fr>ur class projects which culminated with a truly memorable concert which was live streamed from Chri81 the Prince of Peace Church to the local parish and lo our friends at St. Augustine's. We hod lo pul most of our Day trips and Residential Trips on hold for a year. We were able lo organise an OLt￿31d-BOUnd Activity Day and a camp out for all Year 6 pupils onsite in th¥ Summer Term, both of which proved to be very enjoyable. Since we returned to School in September, we have returned to our usual Acb'vity programme offering in the region of 100 activitses for the children lo Choose from and it has been a pleasure to be able lo retum lo almosl'normality!. We are in the process ol planning Some Residential Trips for later in the year and wg really hope we will be able lo offer these for the children. Page 15 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2021 E$tat• In early 2021. governors took a major step towards decarbonising our eslale through approving a large Ground Source Heal Pump project on the College campus. The project will enable the majority ol our buildings to be healed wilhoul using natural gas, thereby reducing our greenhoLtse gas emissions through healing by approximately gOOh on this sile. The Project Is due for completion in March 2021 and places Sl George's in the vangu8rd of suslainabilily in Independent schools. The College lower astro pitch has been resurfaced and the floodllghls upgraded to LEDS. Sub$lanlial roof refurbishments have also laken place. Thts Junior School hay benefited from the instsllalion of new play equipment and a major project, funded by the Parents, Association, lo install retractable seating in the Performlng Arts Centre ha8 been cornpleled in August 2021 . Sustaln•blllty St George's continues lo place a high priority on reducing adver88 impaels on the environment from our a¢livilies as far as possible Isee above). As part ol measuring our Impact we lake part in the Streamlined Energy & Carbon Reporting ISECRI proce55, the late81 hgures from which are provided here" Currènt Reporting Year.. 2020-21 Previous Roporting Y¥ar: 2019-20 Total En•rgy Con•umptlon {kWh}: In¢ludo¥ gasj purcha••d •leGtrlclty, fuol and | tr*n8port •nd ••lf-g•ner*tgd oleetrlclty Ind •xclud•• ffi4lt• •l•GtrIGIty g•n•r•t•d Irom •olaT PV Eml8$lon from ¢ombu$tlon ol gas Imetrl¢ tonne8 of Carbon Dloxldg equlvalent Itcowll -IS¢op• ! I Eml•sloM from cOmbu￿40n of fu•1 for tran8POrt purpo808 tCO2• (Scop• 11 5,009,716 4,980,034 619.8 602 15.4 23.2 Emls51ons from purchased oloctricity tCO2e (Scope 2, locatlon basedl 340.2 376.4 l Eml••loM from purrha••d •l•ctrl¢lty tc￿•, ll(Scope 2, mark•t ba•od) Eml$si¢)n$ from bu$lng¥8 travel in rental cars or 8mploy••-own8d v•hlcl•s where the college is r•sponsiblo for purcha8lng th• luel .IScopo 3) , Total 9￿• CO20 ba*•d on 8¢op• 1, 8Gopo 1 , and Scop• 31aB al)ovel 22.5 24.9 975.6 1002 Intenslty ratlo.. t¢02e for the abovel number ol occupants11,9951 In collating the data for the current reporting year12020.211. an error was picked up in the figures which ha been ￿ ported for the previous year12019-201. The above table has now been updated with the correct figure8. Pleage note the drfficulty in drawng comparisons wlh the prior year due lo the impact of Covid-19. Pa9e 16 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2021 The SECR highlights the School's green procurement practice for Its electricity, noting that 100% is procured through biomass production as follows Compared lo the I0c8t￿n-b8$0d 6missions value, the market-based valtje demonstrates the School h8s rnduGedrts Scope 2 emiSs￿nS (fmm purchased818clncity) by 93% by using rengwable b￿MasS 8n8rgy.' A general observab'on taken from the SECR identified Sl George's as'proactive in ils efforts to reduce erni85ions and promote sust8inability' and ranked il very hvJhly in this re$pe¢l wthin the independent education sector. We are a featured school in the Inaugural Independent Sthool$' Bursars Association Suslainabilrty Supplement and the Bursar has been invited to be part of a panel al the next ISBA Annual Conference to discuss promoting sustainability in sGhools. Energy monitoring 18 in plaGe for all electricity, water, and gas usage. with automated monthly reports enabling investigation of anomalies. Microwave and daylight Sensors, alon9 Wlth cenlra115ed IT equipment control and cenlralised heating control all lead lo a reduction in over811 •nergy ¢onsumplion. Furthermore, the inslallalion of Solar Photovoltalcs IPVI and Solar Water P+ealing highlight sustainability effort8 al Ihe Schools. Suc¢essful efforts lo reduce water consumplbn Include walerle88 urinal 8y8lem8, and the specific use of plant shrubs requiring le88 irrigation. Sl George's promote8 recycling across the e818te, wllh facilities in place for the recycling of paper. car(Iboard, glass, plastic, food waste. batterie8, print loner and ink, lenni8 balls, crlsp packe15 and Covid-19 LFO lest kits. Additionally. all paper used is 100% recycled and unblèachèd and there has beon an gffgcb've drive lo re¢Juce unnece888ry Printing, copying and18minalion. th regard lo construction and the estate, all new bulld8 exceed planning regul8llong and rÈlurbishments $gek to improve thermal efflcitncy. The wooden roof of the recently built Activity Centre 19 an examplè of Carbon 8eque$lralion, and other features of new builds include use ol Heat Pumps and Solar PV8. Within the ground$. the Schools work closely wlth envlronmenlal group$, such as Surrey Wldlile Tw81. to enhance biodiversity. For ground8 and maintenance u88, the School's have two all.electric vehicles. in addition to an all-eleclric car for staff pool use. 100% of our eleclrlcbty Is sustainably SOU￿0d. Publlc B•n•flt The Governors recogni80 the duty imp08ed upon them by the Charities Act 2011, SeGtlon 17 ond al80 the requirement to hav¢ due regard lo the general guidance provided by the Charity Commission In connecllon wllh Public Benefit. The Governors are fully commilled lo the principle of making the education al both schools open to all children of the necessary academic ability, regardless of their farnily in¢ome, through our TransfrJrmation81 Bursary Scheme which alms lo make 53 places available across both schools, free of charge lo low-income families. This year the School awarded Tian8form81ional Bursaries totalling £794k to 45 students12020'. £680k to 42 S￿dents>. Addillon4lly, the Sehool wlll conunue to 8UPPOrt exlgting families who have fallen into hordship through our means-le81ed Hardshlp Bursary programme. AS part of our Covid-19 reaction, an addllional amount of £150k was made available for disbur$emenl lo families advergely impacted by Covid.19 and, as a result, this year the School awarded Hardship Bursaries lolalling £617k to 59 sludents12020'. £371 k lo 55 sludenlsl. In addlllon, the Schools continue to foster relationships and partnering 8Ctivrties with local stale schools, particul8rly Darley Dene Primary School, Holy Family Catholic Primary School, St Charles Borromeo Catholic Primary School, Schools in the Xavier Catholic Edu¢alion Trust and Jubilee High School. Overall, the School has provided enhanced opportunf(ies for 16 local stale schools and approximately 1300 local children. However. the Govemlng Body a180 gUPPOrt and prornole many other activities that provide benefit to the public thin the School's objectives but also beyond. The Governors sel out below a Schedule of the various aclivlties in which the schools engage, noting below those which were impacted by Covid.19'. Page 17 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2021 A¢tlvity t>••crlptlon St Georg•'s W•ybrldg• and Surr•y County Tonn1• C•ntr• The College hosts 8 Surrey Lawn Tennls Assoclallon lacilty on Sile for the prornotion of tonnis to 80-90 boys and girfs aged 4 10 18. The College pays for all staffing, routin& maintenance and cleaning costs of Ihe Centre. These amounted lo £50k in the ygaf. The Centre is open lo all children of the required potenliallability, regardles8 of parenta1 mean5 During Lockdown, Ihe Tenni¥ Centre was closed but has since reaopened and this activity ha8 resumed under Covid-19 rèstrictions. Dlr•ct Support to Other Schoo To Fullbrook School, 8 call lo the Georgian community for th8 donation of any old computer8 or laptop8 that may be 8urplu8 and could be donated to Fullbrook School, lo bg di8lribuled amongst pupils who do not have devices at home. To Darfey Dène School, the provbslon of 8ub8idlged *ccommodatlon to twtj mgrnbers of leaching $lèff. The fir81 sin¢¢ March 2020 and the 8econd from April 2021. 50 Up￿r Slxth formers provide ongoing menlorlng and English leaching to children from the Syrian refugee community in Elmbridge. These afe all students attending local ¥lala $Ghools. To Darfey Dènè School, intèrview #upport from thè Sl George'g Weybridge Head of Facilitie$ In April 202110 ensure appropraite appointment of a new Care Taker al the sthool. Addition support provided in the interim period b¢hveen appointmen18 in daily opening106..45) and ¢losing118'.301 of the school Bile To Echèlford Primary School, the h08tSn9 and organisation ol Sporting and Forest School activities in June 2021. The oulre8ch programme look place al the Sl George's Junior School Jrte and Involved part￿lP01&0n of 84 Y•gr 2 pupll8 from Echelford, To Cardinal Newman Primary School, the revamping of the environmental area and prayer gard•n al the school involving 10 St George'$ students and including provi¥ion of tool8. To Echelford Primary School, 8 students provided support with Sports Day preparations antj playground Maintenan￿ on three dales throughout Juno 2021, in addition lo an Art Project for the children. To Riverbridge Primary School, the provision of 8 students to assi51 v¢ilh the sel up and running of Sports Day and F¢ygs1 School. To Warton Qak Primary School. the revamping of the forest ￿h¢￿1 and outtloor leamlng support area. To Sax¢)n Primary &hool, playground maintenance the support for PE and other outdoor classes by 4 students. To St James C of E Primary School, provision of 8 students to assist with thg refreshing of the school allotrnenl. grounds and woodland area. Page 18 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2021 Activlty D•scription To Darley Dene Primary School, provision of free transport and staffing to l enable Year 6 pupils to conduct weekly swimming lessons in the School, | swmming pool in order lo meet the stalulory requirements lor children's swimming. To Sl James C af E Primary School, the provi$ion of mernber¥ of staff and IT equipment lo film the End of Year Performance for the school and editing the footage together lo be shared with parents. Support to Affill•ted O¥er¥•a8 school• The Congregatlon of Josephites operate and finance the runnin9 of #even 8Ghoo18 in the Democratic RepubliG of the Congo. Sl Georye'8 Weybridge makes a dlrecl financial conlrtbulion lo the Schools on a lemly ba816. Parents. staff and students undertake further fvnd-rai8ing on an ongThng b88is. Total ralsed 2020121 £28k (2019￿0 £2TkJ. Adv#nGom•nt of R•llglon Both schools are used free of tharge by I￿al parishes for acl5vS1ie$ guch gs retreat8. Sl George'8 m8ke8 ts facllille8 avallable annually. free of charge, lo h081 the onfirmalion of Students of all Catholic pari8he¥ in the Deanery. Supportto Other Charltlg• The College sile ho¥ls The Clubhouse Project, a charity vthich provides a day centre for young adults wth learning di8abililie8, Mon-FrS, So weeks per year. Opportunllles ar& provlded for some of the clients lo carry out jobs In the school as part of Ihelr 81imulalion and devqlopmenl. Although disrupted by Covid, we have been able to f4eilitsle the ro-opening of TCP. The provi81on DI meeting and training f¥cililie8 lo Surrey Search and Re8GU&. To the Wey Landscape Partnership. the provision of meeting facilltk•8. To St Johns Ambulance Servlce, four Volunteer va￿1n010r¥ lo a8818t wllh the COVKI vaccine roll-out. To the Salvation Army, regular donations lo the Ioc81 food bank from both 31aff and students. To the Salvation Army, maintenance at the local food bank involving sorb'ng, p8ints.ng and gardening. To the Whitely Homes Trust, bolh gardening and the provlsion ol enlertainrnent lo the residents of the Eliza Palmer Hub in the form of a quiz and rnusical perfomiance. Support to th• Widgr Community The Sixth Form host disabled local citizens at a social evening each week. Unfortunately, due lo the clinically vulnerable nature of the attendees this has continued to be impacted by the pandemic bul will be reinslaled when possible. The College Organises an annual week-long pilgrimage to Lourdes for 8 number o! local disadvan!aAed.pe0￿Ie: Sixth Fom!ers act as y.oung.helpers and staff Page 19 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2021 A¢tlvlty 0è8crlptlon attend. in their own ti'me, as adult helpers. The 2020 an(1 2021 K*ilgrimages have had to be cancelled due lo Covid-19. An invitation for Philip Southcote School lo nominate 4-6 Sixth Form pupils to join the Lourdes Easter 2020 pilgrima9e had been planned, bul as the pllgrimage has been cancelled for 2020 and 2021, this unfortunately will not be takiNJ place. The 8ludenls' St Vincent De Paul group conduc18 an ongc4ng programme of VI￿1$ lo local elderly dlizens. Th1# has had lo slop during the Oovid-19 pandemic. The JS expected lo permlt Use of the playing fields for porklng for the Weybridge Ladies Amateur Rowing Club annual rogatta. but this yearfs event has been cancellad due to Covkl. The JS nomally permits the u8e of 118 playing Ileld8 for the W?ybrldge Ccmmunily Regalla. but thls event was cancelled due lo Covld. All College Ihlrd years engage in a Series ol community service projectB on individual dayg for 1 week in the Summer Term. They offer their lime lor free. Stsff and Parent volunteers help staff the projects, whiGh usually include,. Conservation work on E8her Cornmon Preparing food bags lor famllies with Runnymede Foodbank DIY task8 and Art8 and Craft vlth the Salvation Army Volunteering In local 8chool$. worklng with The Lumen Leamlng Trust Providing lunch and entertainment for tho elderly elping people lo learn English Helping with mass at St Augu8Une'8 local ￿re home and at Christ Prince of Peace local parish Church. FINANCIAL REVIEW Ro•ult• for tho Y••r The School's nel Incoming resources for the year 8mounled lo £0.676m (2020.. nel oulcoming resourcas ol £0.642m). This included a profil of £16k (2020.. £16kkJ achieveil by the School's trading subsidiary and donated to the School. Fundr•l8lng Porformanc• The School views fundraising as 8 very important source ol addlb'onal income to enable fees lo be kept as low a$ possible and lo reduce reliance on single income streams. The Iruslees are fully aware of theii individual responsibility and accounlabilily lo ensure that the School fundr8ises legally, regponsibly and effectively. They are aware ofthe Charity Commission CC20 guidance 8nd use Ihl8 and the accompanying checkli511o help them evaluate the School's fvndraising performance. The Development Office continues to run an active communication and engagement programme through the pandemic and in late 2020 launched the 'Georgian Future. Bursary Campaign which induded a legacy appeal and regulgr giving appeal. So far, 4 addits.onal fully funded bursaries have been created frclm September 2022. Targeted Capital appeals are also planned or underway. including The Boathouse Appeal whi¢h launched in July 2021. During 2020121, the Development Office has recewed £356,469 of donalions12019120 £318,925>, wrth over £SOOk pledged in future years. Page 20 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2021 The School did not engage wlh a professional fvndraiser in the year but linked with t￿ commercial partiGipalor¥, i.e. businesses who kindly provide a proportion ol their revenue to the School. The School h83 a published complalnts procedure, available on its website. As a member of the Fundraising Regulator we are required lo provide annual figures on the number of complaint8 received during the year Inonel. Inv•*tmont Pollcy¥ ObS•ctlvo0 and Pgrlomian The School doe8 not have an investment portlolio. Surplu$ funds are m8naged on o doily ba813 by using money markets with the assistance of the Gompany's bankers lo preserve capf(81 Gift8 of 8hare8 are liquidated upon receipt. R•••rvo• Pollcy Restricted fvnds are, because ol the parts'cular spending con81rain18 attached to them. not available for fundlng the general operations of the schools. The unfeslricted, or general, funds are expendable accordance with the objects of the School. In common with many other successful schods. these unreslricled fvnds, logelhgr with ¥pecilic long-tem bank finance, h8ve already been invested by the Govemor8 in the buildlng, development and refurbishment of school buildlng8 anil other fixed 888els used by the Schools. Accordingly there are no current free re$erye8 lunre$tri¢led lurKl$ les8 the nel book value of flxod a88818 financed by Ih08e fundg). Given our plans for the new buildings and glher capital expendrture thi$ nil balance is expected to continue for th& fore8ee8ble future. Thbs is in accordanGe wlh the long-term plan8 of the Governor¥ for the development of thg Schools and they afe 8all8fled that the resources availgble lo the School through long-term external bank finan¢e 18 adequate for ts requirements. Thè School 8nd Subsidiary total reserves of £42.8m 12020 £42.1 ml at the year-end included £435k 12020.. £357kl of unspent reslrieted reserves, £193k 12020.. £31 kl of unreslricled but designated funds and £42.1m 12020.. £41 7ml ol unreslrlcled general regeNes, which after deducting invegtmentg in operational fixed asset of £54.7rn 12020." £54,2ml leave8 £11.9m deficit {2020.. £12m deficill of free reserves funded by long term borrowing. £0.3m12020'. £0.3ml of Ihe reStr￿ted income is being used to fund four Tr8nsformalional BursarieB formerly Called Assisted Places) al the Colle9e. Golng Concorn The Governors have assessed whether the use of the going concern b8919 is appropriate and have considered possible events or conditions that might co$18ignifiGont doubl on the ability of the School lo continue as 8 golng concern. The Governors have made this assessment for a period of al least one year from the dale ol approval of the financial 51alemenls. In particular the Governors have Consi￿red the School's forecasts and projections and have taken account of pressure on income a$ a resutt of the Covid-19 pandemic. After making enquiries, the Governors have eoncludèd that there 1$ a reasonable expectathon ihal the School ha8 adequate resources lo continue in operational existence for the foreseeable future and they are satisfied that there are no material uncertainties The charitable group therefo￿ continues lo adopt the going wn¢ern basis in preparing its rinancial stalemenls. FUTURE PLANS Obj•ctlvg¥ for th• N•xt Year Review our glructure8 and processes for 8LlPPOrtlng SEND pupils Conduct a wde-ranging parent survey lo inform future strategy Continue to develop and implement actsve measures lo increase Equty, Diversity and Inclusion Continue to develop our Sustainability Strategy wlh a sperjfic focus on decarbonisalion Page21 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2021 RISK MANAGEP•lENT The Governors have given consideration to the major risks lo the School and its subsidiary are exposed. The Governing Body has utbmate responsibility for managing any risks faced by the School. Detailed consideration of riyk is delegated to the Finance and Risk Committee, which reports formally lo the Governing Body three limeg per annum. The risk management process uses a Risk Appelile Matrix vthich identifie5 key strategic risks and metrics to assesg them which are reported on al each Finance and Rl8k Meeting. Govemor8 have sel 'risk appellle, thresholds. wh￿h If breached Ingger further action lo recb'fy. Prlnclp•l Rl•k• ¥nd Un¢•rt•lntl The Governor8 con8ider thè follown9 to be the prlnclpal rlsks and uncertalnlies affecting the Schools.. Cost grovrth 8$ 8 result of exlemal factors. These might include further slgnificant rises In the cost of teachers penyions and an increaye in laxalion ay a result of losing charitable company relief5. These are rniligated by detailed and comprehensive financial scenario planning, with proactive decision- making al Board lev81. We continue to 1081er close relalion8hip8 with our lendlng ln8titulion8 to ensure our finpncial Gonlingency plan8 remain viable and respon81ve. Loss of reputation which would impact 8ignilic8nlly in 01088 of fee income above. Threats lo reputation are many and varied, bul il l¥ mo¥1 Important that the Schools demon8lrale their abillty to keep children Bafe. Safeguardlng IS therefore the most Important area of risk management and there aT& exlenslve policies and controls, Gombined wrth proaGlivg and dynamic management and scrutiny of all afeguarding aspects. vthich serve lo miligale Ihiy risk. Extensive and well.resourced management of He8llh and Safety ri8ks complement the 8afegu8rdlng function. Any other cr1818, that ha8 8 8ignlNcant impact on the ats'lty to operate either School. #LKh 4$ a flré or cyber attack, may Impact wldely In term8 of operational costs and reputational, longer term domage. Such possibilities are the subject of exlen8ive risk management scrutiny and prixesses to not only ensure compliance wrth 8lalulory and regulatory obligations bul lo achleve material ￿dUCtIOn Sn the likeliho¢xl of such a cri818 occurring. The8e include lable-lop rehear8818 of crth'cal Incidents lo familiarise Staff with the likely actions required. The Governing Body is 5atlylled that. for all major rlsks identified. appropriate controls have been put In place and rnaintsined to miligale those risk$ adequately. 11 is recognised that 8yStem8 can provide only reasonable bul not absolute assurance that major risks have been managed. Thly Annual Report, prepared under the Charth'es Act 2011 and the Compan*8 Act 2006. was 8pprove(I by the Governing Body Of Sl Georoè's Weybridge on 22 November 2021, including in their capacily a8 company directors approving the Slralegic Report contained therein, and is signed as aLblhorised on its behalf by.. John Lgwln {Chair of the Governing Body) Page 22 ST GEORGE'S WEYBRIDGE INDEPENDENT AUDITOR'S REPORT FOR THE YEAR ENDED 31 JULY 2021 INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ST GEORGE'S WEYBRIDGE Opinion We have audited the financial statements of Sl George's Weybridg8 lthe 'parenl charitable company'l and Ily subsidiaries Ilhe 'group'l for the year ended 31 July 2021 which are comprised of the Group Statement of Financial Aclivilies. the Group Summary Income 8nd Expenditure Account, the Group and Parent Charitable Company Balance Sheets, the Group Cash Flow Statement and note5 to the financial slaternenls, including significant accounting policies. The fi'nantial reporting framework that has been applied in their preparation Is applicable law and Unrted Kingdom Accounb'ng Standard8, including Financial Reporting Standard 102 The Financol Reporting Standard applicable in thé UK and Republic of Ireland (United Kingdom Generally Accepted A¢￿untIng Praclicel. In ¢)ur opnion tho financial slatem•nl$'. give a true and lair view of the stale of the group'$ and the parent charitable company's affairs as at 31 July 2021 and of the group's Incoming re80urces and application of resources. including its income and expenditure, for the year then ended". have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Pract￿e., and have been prepared In accordance with the requirements of the Companie8 Act 2006. Ba•1• for oplnlon We conducted our audll In 4ccord4nce with Inlernob'onal Standards on Audlllng IUKI IISA¥lUKII and applicable low. Our re$ponsibililie8 under those Ytandards are further described in the Auditor's Rè5ponsibililies for the audit of the financial statements section of our report. We are infjependenl of the charitable company in ccordance wilh the elhlcal requirements that are relevant lo our 8udil ol the financial 8lalemenls in the UK, including the FRC'S Elhlcal Standard, and we have fulfilled our other elhlcal re8ponsibililies in accordance wilh these requirÈmenl¥. We believe that the audit evidence we have obtained is suffi'cient and appropriate lo provide basls for our opinion. Conclu•lon• rnlatlng to golng concorn In auditing the financ￿1 5tat•menl8, we have concluded that the Iru¥ts•$' u¥8 ol the going concern ba818 of accounting In the preparation of the flnancijl 8latemenl8 is appropriate. Based on the work we have performed, we have not itlenlified any material uncertainties relating to evenl8 or condiliong that. indlvidually or Coll￿tIVelY, may cost $igniflcanl ¢Youbl on the group's and parent charitable ompany's abillty lo continue as a going concem lor a perlod of al least twelve months from when the financial $talemenl$ are aulhorised lor issue. Our re$pon$ibililie8 and the respon$ibililie$ of the Iru¥lee¥ wth ￿sPeCt lo going concem are de8cribed in the relevant sections of this report. Oth9r Informatlon The other information compr18e$ the inlomalion included in the annual report, other than the financAal statements and our auditor's report Ihereon. The trustees are responsible lor the other information contained in the annual report. Our opinion on the financial slalemenls does not cover the other infomiats'on and, except lo the exlenl othe￿ise explicitly staled in our report, we do not express any form of assurance conclusion Ihereon. Our responsibility 13 lo read the other information and, Sn doing go, con*der whether the other infomiation is malerialty incon91s1enl with the financial statements or our knowledge obtaine(J in the Course of the audit or otherwise appears lo be materially mi$staled. If we idenlify such materi81 inconsistencies or apparent material misstatements, we are required lo determine whether there is a material mis$latemenl in the financial Page 23 ST GEORGE'S WEYBRIDGE INDEPENDENT AUDITOR'S REPORT FOR THE YEAR ENDED 31 JULY 2021 statements themselves. If, based on the work we have perfomied, we conclude that there is a material fflisslalemenl of this other information, we are required to réport that fact. We have nothing to report in this regard. Opinions on oth•r rn•tt•rn pr••crlbed by thè Comp•nlM Act 2006 In our oplnlon, based on the work undèrtaken the course of the audit., the inforrnalion given in the Iru8tees' annual report for the financial year for which the financi81 stslements are prepa￿d 18 consi81enl with the financial $talernents', and the Iru51eeg' annual report have been prepared in accordan¢e wth applicable legal requirements. Matt•r• on whlch w• •ro r•qulrnd to r•port by •xc•ptSon In the light of the knovAedge and underslandlng of the group and parent Charitable COTnpany and thelr environment obtsined in the course of the audS1, we have not identified material mi8slatemenls in the Iruslees, 8nnual report. We have nothing lo report in respect of th• following maller¥ wher¢ the Companles kt 2006 requires us to report lo you rf, In our opinion.. the parent charitable company has not kept adequate and sufficient accounting record8. or wlurn• adequate for our audit have not been received from branches not visited by UB., or the parent charitable company'8 ffinancial statements are not in agreement with the accounting record8 and relurng,. or certain disc103ures of trustees, remunoratK>n specified by14w are not m4de', or we have not reGeived all the Information and expl4natlons we requlre for our audlt. R￿pOn•￿bIIItl￿ of truot• A8 explalnoil more fully in the Iruslee8' re8ponsibililies statement, the IruJle•s (who are also th• dlreclors of the ¢harilable company for the purpose8 of company lawl are responsible for the preparation of the financial 8talemen15 and for being satisfied that they give a true and fair vlew, and for guch Internal control as the Iruslees determine 15 necessary lo enable the preparation of financial statements that are free from materi41 mi5ylalemenl, whether due lo fraud or •fror, In p￿paring ltte financial slalements, the Iruslees are responsible for asse85ing the group and parent Gharitable company's ability lo continue 88 a going concern, disclosing. as applicable, matters related lo goin9 concern and usin9 the going concern basis of accounting unlesg the Iruslee¥ either intend lo liquidate the group or pa￿nt charsiable company or to cease operations, or have no realistic allemative bul lo do 80. Auditor'• re•pon•lbllltlofj for tho audlt of thg fflnonGl•l •tatgmgnt• OUT objects.ves are lo obtain reasonable assurance about whether the financial statements as a whole are free from material misslatemenl, whether due lo fraud or error. and 10 15$ue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted in cordance wlh ISAS IUKI wll always delecl a material misstalemenl when il exists. Misslatemenls can arise from fraud or error and are considered malerial if, individually or in aggregate, they could reasonably be expected lo Infiuence the economic decision¥ of u¥er8 taken on the basis of these financial statements. As part of an audit in accordance wth ISAS IUKI we exercise professional judgement and maintain Professional scepticism throughout the audit. We also.. Identify and assess the risks of material mi$statemenl of the financial slatementy, whether due lo fraud or erru, design and perfomi audit procedures responsive to those risks, and obtain audit evidence that is Suff￿lent and appropriate 19 provide a basis lor our opinion. The risk of not delecling a material Page 24 ST GEORGE'S WEYBRIDGE INDEPENDENT AUDITOR'S REPORT FOR THE YEAR ENDED 31 JULY 2021 misstalemenl resulting from fraud is higher than for one resulting from error, a8 fraud may involve collusion, forgery, Inlenllonal omisslons, misrepr959nlalions, or the override of inlemal control. Obtain an understanding of intemal Control relevant lo the audit in order lo design audit Prc￿edureS that are appropriate in the circumstances. but not for the purposes of exprÈ$sing an opinion on the effeclivene8$ of the group and parent charitable company'8 inlemal control. Evaluate the appropriateness of accounting pol¢¢ies used and the reè80n*blenes8 of accounting eslimale8 and related disclosures made by the Iruslees. Conclude on the approprlaleness of the tru8le08' Uae of the going concern ba818 018ccounling and, based on the audit evidence obtained, whether a material uncert8lnty exlslg related lo events or conditions that may ca51 significant doubl on the group and parent charitable company's ablllty lo continue a8 a golng concern If we conclude that a material uncertainty exists, we are required lo draw attention in our auditor's report to the related disclosure5 in the financial slalemenls or, il such dlsclosures are inadequate, to modlfy our opinion. Our ¢onGlusions are based on Ihe audit evidence obtained up to the dale ol our aL￿110r,5 report. However. future events or conditions may CaUBe the gioup or parent charitable company lo cease lo continue as a going GonGern. Evaluate the overall presentation, structure and conlenl of the financial slalemenls, including. the dlsclosures, and whether the financial slalemenl8 represent the underlying Iransaclions ond events in manner that •chleve$ fair presentabon, Obtain 8ufficienl appropriate audit evidence regarding the finanaal informauon of the enkn'lies or buslness acts'vilie$ within the group lo expres8 an opinion on the con801idaled financial stalemenls. We are re8pon3ible lor the direction, supervisun and performance of the group audll. We remain golely re8pon8ibl• for our audit rnport. We Gommunicale with th08e charged with governance regarding, among other matters, the planned 8cope and Ilmlng of the audll and 8lgnlflcanl audlt findlngs, Includlng any signlficanl deficlende5 In inl•rn81 control that we Identify during our audit, Explanatlon as to Ythat •xt•nt tho audlt w•• ¢on•ldered capable of d•t•ctlng Irr•gul•rltl••, Includlng fraud liregularllies, including fraud, are instances of non-compliance with law8 and regulations. We design procedure5 in line wlh our responsibillties, outlined above, lo delect material mis$lalemenl8 in respect of irregularilieg, including fraud. The extent lo %thich our proGedure$ are capable of delecling Irregul8rf1ies, including fraud Is d8tsiled below. The objectives of our audit in respect ot fraud, are.. lo identify and asse$$ the risk$ of material misslalemenl of the financial statements due to fraud., to obtain sufficient appropriate audit evldence regarding the 8sse3sed risks of material migslalemenl due lo fraud, through designing and implementing appropriate responses lo those a$se$sed risks. and lo ￿sPOnd appropriately lo instances of Iraud or suspected traud identified during the audit. However, the primary regponsibilrty for the prevention and detection of fraud r&$t8 with both management and those charged wrth governance of the charitable company. Our approach was as follows.. We oblaingd an understanding of the legal and regulatory requirements appIl￿ble lo Ihe.¢haritable ompany and congldered Ih8t the most Significant are the Companies Act 2006, the Charities Act 2011, the Charity SORP, and UK financial reporting standards as Issued by the Financial Reporting CounGil We obtained an understanding of how the chari18ble company complies wlh these requirements by discussions with management and those charged with governance. Page 25 ST GEORGE'S WEYBRIDGE INDEPENDENT AUDITOR'S REPORT FOR THE YEAR ENDED 31 JULY 2021 We a8se8$ed the rbsk of malerlal mi$8lalemenl of the financial stalemenl$, including the risk of m*erial misstslement due lo fraud and how il might occur, by holdlng di8CUS8ion8 wlh management and Ihoge chargod with governan￿. We inquired of mgnagemenl and those charyed with govemance a8 lo any known Instsnce8 of non- omplianGe gr suspeded non•complianGe wth law¥ and regulations. Based on this understanding, we designed 5pe¢ific appropriate audit procedures to identify instances of non-compliance with laws and regulats"ons. This included making enquiries of management and those charged with govemance and oblainlng addltbonal corrobor8lwe evidence as reqLtired. There are inherent limitations in the audit procedures described above. We are less likely lo become aware of instances of non-compliance wrth laws and regulations that are not c108ely related lo events and tran8action8 reflected in the financial stalemenls. Also. the risk of not dele¢ling a material misstatement due lo Iraud 18 highef than the risk ol not delecling one resulting from error, a5 fraud may involve dellb8rale concealment by, for example, forgery or intentional misrepresenlats'ons, or through collusion. U•• ol our rgport This report is made solety lo the charitable company's members, a8 8 body, In accordance wlh Chapter 3 of Pirt 16 oflhe Companies A¢1 2006. Our audit work ho9 been undertaken 90 that we might Slate lo the charitable company'8 member5 IhoBe matters which we are required lo state lo them In an audlior's report And for no other purpo8•. To the fulle8t exlenl permitted by law, wè do not accept or as$urne responsibility to any party olhgr than the charitable company ar￿ charitable company's member¥ as a body, for our audit work, for this report, or for the opinions we have ft*rmed. J_A LLP Neil Finlgy50n IS9n￿r Statutory Auditor) for and on behalf of Moore King¥ton Smith LLP, Slalulory Auditor Dale.. 2 December 2021 D•von8hire House 60 Goswell Road London EC1M 7AD Pag8 26 ST GEORGE'S WEYBRIDGE CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITES {in¢orporating the In¢omo and expondlturo account) for th• yoar onding 31 July 2021 rotsl Fund• 2021 Totsl Funds 2020 Unr•otrlct•d R••trlct•d Fund• In¢om• 4nd Endowm•nt• Not• INCOME FROM: Charft•bl• A*tlvltl Scheol lees Oiher educational Incomo oth•r tr¥dlnB 4GtfvItIo0 OlhÉr Irgth'ng incor 23.829.212 1,567.178 23,829.212 1.087.178 21,999,184 1,590,417 499,787 499,797 607,553 Inves￿￿nI Intomo Voltsrrt•ry •ourc•s Grant& and donotson8 18,427 19.512 28,421 678,794 104.724 783,518 1,030,1YJ7 Tota Incorn• 28,593,398 105.809 26,899,207 25 156,1B2 EXPEP401TURE ON: R•l#lng fvnd• Fundrailing aThJ d8voloprn8nl Finanang c08ts un¢erAdvonce Fee Contracts N￿￿ncIlIary tr8ding Interest and other cwl$ 255,054 255,054 322,808 182,594 316.122 143.601 182,5 316,122 143,601 179,878 299.611 401,362 Total rthi4duG•tlo￿1 Go•ts 897,371 097,371 1.203.eJ7 Ch•rltabl• •¢tlvMI•• Edu¢abon 25,125,848 25 125, 24,594.212 Total •xp•ndltw• 26,023,019 20,023,019 25,797,889 N•1 In¢om• 570,379 105.809 076,198 1841,6871 Tranjfors bet**en lund$ 17.1 27,945 N•¢ mov•rn•nt In lurAl• forth• y••r 598,324 77.864 76,198 1641,8871 Fund b818nM 4t 1 August 2020 41,7fj9,355 357,125 42,768.187 Fund IMl•nu3 at 31 Juty2021 17 42,367,879 434.989 42,802.818 42,128.480 The accompBnyhg note8 from p8rt of the financial statements. Pago 27 ST GEORGE'S WEYBRIDGE CONSOUDATED AND SCHOOL 8ALANCE SHEETS a$ at 31 July 2021 Gmup 2021 School 2021 Not• 2￿0 2020 FIXED ASSETS Tènglbl8 88S8Is Invfjslrrwnl as&al8 S4.733.727 54,168,287 S4.732.576 100 54,732.678 54,166,883 100 54,168,963 $4,733,727 $4.168,267 CURRENT A88ET8 sto(* Deblor8 Cash and short lemi d6P08its 10 11 227,275 728,405 B.fj47,109 9.602,049 219.918 B25,596 8,939,499 9,985.013 30.214 870.B91 B,605.150 9,506355 22.174 963,627 8,919,504 9,905.305 CURRENT LLABILITies Cr8dilois pay8bl6 wlhln ono year 18.759,933> 17,555.2211 18.018.206) 17,480.1871 NETCURRENT A88ETS 142,910 2,429,792 837.989 2,42S,118 roTAL ASSETS LESS CURRENT LIABILITIES 50.576,143 56,598.059 $8,570,66S 56,592,081 LONG TERM LWILITIES Advonce fee• Depositi Loans 13 14 15 14A72,113I 15,050.1951 14,472,8131 11,300,013) 11,302,19DI 11,300.0131 17,OD1.1491 18,119,194) (7.001,1491 15.050,1951 11,302,190) IB,119,1941 NET A88ETS 42 802 618 42,126.480 42,796,690 42,120,SQ2 REPRE8ENTEO BY: RESTRICTED FUND8 17.1 434,981 357,125 434,989 357,1Z5 UNRESTRICTEO FUNDS Unr88Lncted- D8&gnat6d Gener81 funds 17.2 17.2 193,050 42.174,629 31,382 41,T37.973 193,QS0 42,168,651 31,382 41.731.995 TOTAL FUND8 17 42,802,861 42,126,480 42.796.0 42,120,502 No sepafai8 SOFA ha8 been pyesenled lor the School alone, as pertThlled by Sociion 408 of the Comp8nl•8 Ad 2906. The SGhool'¥ inrfjrn for ￿ ye8r £26.366,9)512020. £24.676.4001 and the Jurplus for the yeur W89 £876,18812020.. dori￿1 of£641,8871. Approved by the Bo¥rd of Go¥ernors ol Si Georges Weybridge on for i$$uè and I￿n on ils bthall by". 22 November 2021 and authorised hatrl l&)vernor, Financ8 & Ri4k Ccrnmitt881 Company number.. 02789023 ThB accorry)anwnG no108 form PBrt of the financlal 8ts18menls. Pago 28 ST GEORGE'S WEYBRIDGE CONSOLIDATED CASHFLOW STATEMENT lor the year •ndlng 31 July 2021 Not• 2021 2C$20 NET CASH FLOWS FROM OPERATIONS N61 cash provldéd by oporab'n9 gCtivikn"88 20 4,186,733 1,105.873 CASH FLOWS FROM INVESTING ACTIVITIES P8ym6nls for tangible H5sets Proceeds on sale of Iqngible fixed aJ8et8 Investment income r•caip 13.319.509) 150 19,512 13,475,3011 20,138 28,421 Nel cash provlded byllug•J Inl I￿￿0￿n9 •cllvlYo1 13,299,84n 13,426,742) CASH FLOWS FROIA FINANCING ￿TIvITIEs Inl6res1 pald Loan& Racdvod Loons repald Advgnce f896 D8POBIIs 1143.6011 1401.3621 ,744.000 16,332,124) 1176.9291 90,330 1644,273 1409,4541 18,112 Not c88h pyovldfjd byllu••d Inl nmndno aclfvllioB 11.179.21 1,923,915 h•w• In r••h •gU￿o￿nI* In th• r•portlng p•rlod 292.330 396.954 C••h •nd ￿•h •qubval•ni8 at th• b•glnnlnu ol th• r•portln• PO￿0d 8,939hg9 9.336,453 C••h and c••h •qulval•nts at th• •nd of lh• r•portlng p•dod 8.847,169 8 939,499 Page 29 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS for thg ygar onding 31 July 2021 STATEMENT OF ACCOUNTrNG POLICIES Sl Goorye's VV0*)rid9e is a u)mpany IiTnited by guarantsè with r￿1$1￿8d nun*er 027B9023, irKorpuated and domicil8d in Englgnd and WalBs. It5 r8gistered ¢Yllce 1$ St G80roa8 Collage, Weybrfth38 Road, Adtlla&tone, Surr&y KT15 2QS. Tho financlal Statern￿$ have bean prepared In accordance I￿[h lh8 Flnsncial Repo￿"￿ Standard applic8ble ￿ the UK Republic of Irel8nd IFRS 1021, Ibe Componie$ Act 2006 and the Slatemenl ol Recomm8nd6d Pfactlca 8pplicablo to Charl￿t5 preparing Ihdr acrAJunts in accordanca ￿th tho Finandal Reporung Stsntlard 8pplic8bl8 in the UK 8nd Republic of 1rnIa￿ IFRS 1021- elfgcuvo l Janu•ry 2015. The school i& a Public Bfjnfjfil Enlily 0$ tlofingd by FRS 102. Tho luncllon81 currency of the SthJol1s con&dered to bo G8P that 18 the cJJrr8ncy of the primBry 9¢￿0m* anvironmenl in wthich the School opera¢8i. The SthcDI hal tqkon ol Ihg 8x8rnp￿n ova4gblg 19 g quallWng enltty FRS 102 fr￿n tho r8qulrem6nl lo pr888nl a charity only Caih Flow &d￿n￿nI with tha ¢onsolidatod nn8no81 &1ot•rngnl8. GolnB conc•rn The IInan￿￿1 8laieft*nls afy pwpar6d on a going conc8rn basi8 whith 888ume8 the charitab￿ oroup wlll onllnue In oper8t￿nal e￿¥1&￿¢￿ lor ihe forsoeaNe Iuiure. Th¢ Govgmors h8v8 888088ad whether ihe use of ths goiw b8819 18 8ppreprigle and hBve considered possibkry events or condition8 that rrighl call gnlflcunl dovbt ￿ ihe 8blllty olthe Schcol lo conlinue as a concern. The Governor5 hovo made Ihl$ a8ses8ff￿nI for 8 period ol al le881 onÈ year from ihe d818 ol approv81 ol the fInan￿￿ 8latem8nls. In P8rtlcular th8 Gow8fnor6 hav8 consid¢red Ihe School'8 for8tAÈi& And proleciknn8 and have laken aC￿unt of ihe pro$8￿re on Income 88 8 r08uII ol the COVIO-19 pandemlc. After Ma￿n0 onquirles. Ihe GDvemorn hove coneluded Ihal Iher8 is a rea￿nable oxpeclailon th81 the School ha& adequ8te reJource> to cthinua in operalimal ex18ler￿ lor the forsegable lulurg 8nd Ihey 8ro 98ll$flad th81 there 8r8 no malertal urKertainlie5. Th8 chorilable woup iherelue cOn￿nueS lo adopt ihe Boing bA$k8 In wap8nng ils f￿anc￿81 Italemenlb. crtllrAI aeKountlng ludq•m•nt• •nd k•y •ourc•¥ of •#tlmitlon un¢•rtalnty Ih the 8ppli¢gtion ol lh8 accounting polici64, Tru61ees are roqulrqd lo moke ludgerrnnl8, e8tlrn8t88 and aifurnpt￿ns ab￿1 the ¢8rwng value of a8￿1$ and liabllilie8 Ihal sre readily oppqrenl from other 60urc88. The 681irnalus and undortyng a&&umpts"on8 8r8 based on hi8lorfcal exp8rtenc8 and oiher 18clcfB th81 are wnwdered le b• relevant. ActuBI results may dilfer frun Iheoe e$limotOS. The 0s1imoleJ gno underlyino •$8umpllon8 4r¢ rgviwd cffj an ongokng ba81B. Rewthno lo accounliTrJ osllmal88 are fewgni88d In Ihe porlod in whi¢h Ihe g$limat¢ is revi8gd if the rgvi$ion affects only thal pen￿, or in the poriod ol th8 revision and fulure period8 If the revisiDn Hffecled current and futur4 pgrlod8. In Ihe orxnion of the TruBtge$, the estlrnat85 and as¥urnptions *￿Ich have a signilic8nl risk of ¢8usino ¥ mBterfal adjuBtrnent lo Iho amount of 8sset8 and118bili1188 are oulllned below. U8olul gconomlc I{￿3 Th8 annual d8pr8Ci8tson chorge for property, planl And oquipnxnl is son8itsv8 lo chaTrJe8 In Ihe 6gtirnaled ser￿ liv88 8nd r851dual v8lues of the 858els The uselul ewrK)rnic lives ond rg8idual v81u88 ara r0-8s$e9sed annuglly. They arè amended %then n8ce85ary le reNecl current 9slirnal85. based Qn technological 8dv8ncerwnl. luiuFE irweslments. 9¢(￿0M1¢ ulilig81ion and the physical condition of the a$$g16. See note 8 for the carrying arrrfjunt of Ih? propBrty, plBnl and equipnefftt end note 1.8 fc¢ the u88f economic lives fcreath ¢la$$ of 88881. Rewvergblg V8luo of188 deblors The company makes an e$iim8te of Ihe r8covaTatA8 ¥8lue of tr8d8 and other d8btor8. When asso1$ing impalrmenl of trade and other debtors. manBgemenl c(￿siderS faBtor5 including the trJrr8nl credit rab'ng of the debtor, tha Bg&ing prorile of debtor8 and hislerical experience. See note 11 for the Del catTring an￿unt oflhe debtors asswthed inpaimwnl provl$K)n. P899 39 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS for th• y•ar onding 31 July 2021 The follwno Bccounling p￿Ic￿S have been appl￿d consi8tsnly in d881ing %*ith tt6ms *hith a￿ (￿&￿ered malfirial in rdabon to Ihe Sthcol's finanual 8tatam8nts. 1.1 F••s and jlmllar In¢ome Fegs ro¢ei¥oble and charge5 lor Bervice8 End use of premiw ore gccounled lor In If* porknd in ￿￿1th tho 8ervie¢ is provi¢Jed. Fees receivab￿ are staled 811er daducting all(ManG95. bU￿a￿e¥. stholarships and olhef remi8810n8 granl*l by th6 S¢hO￿, bul indude contrilwtFons received from R881ncLad Funds lor 8¢holaf8hip$, buT88ries Qnd other gran16 Fees received in adv8nce ol education to be provided In luture yeHr5 unéor an Advance F88 P8ymants Schen* contr8d held as liÉtMlll￿$ vnll oither takèn lo inco In the term when used or ￿s? r8fund¢d. 1.2 Inv••tm•nl In¢om• Intere81 on funds hvld is included when r8CeNabl8 8nd thè amount ¢8n be rw$urod roliaNy by Iho S¢hoc4., thi5 18 norM￿rY upon r￿IllICa￿an of tho intorebl paid or pay4ble by the bank, 1.3 Donatlon• Donalionu receivable lor 9￿er&I purp09e8 of the Sch￿1 Arè crediled to Unroslricted Funth. Oonallon8 for purposes reBtri¢lod by wljhes of tho donor are taken lo RoBliicl8d FundB %4ttore th88e ￿￿$he$ are legglly bindng. except that Bny 8rMunl8 required to be r9toin8d 8$ capilgl in a¢r4Jrd4nGe ¥wlh the donDrf* W15hes are aCCDunl8d fN in818ad 88 Endowments- ￿m)sn¢￿t or expgndablB accordng lo Ihe n8lure of th8 r081nclicn. Volunt8ry In¢ornino resource8 are 8¢counled for as End vhen entitle￿nI 8ri888, Iha armunl C8nb& relk9bly quantif￿d 8nd t￿ oconthc benefll io the School Is consldered probgblo. 1A R•sourc•i •xp•nd•d Expenditure 18 8ccounled lof ¢n On 8ccru818 b0815 85 Joun as a Iwbility 18 ccnjhlered prob8bl8, discounl•d to present ¥81ue lor longar-lerm 118billliei. Ov•thoHds and other co818 not dlr8cIIy 8llr*ul8bk to p8rtic￿sr fijnciional 8cllvily ¢alegones are gpportioned over the rel8VaTht c8tegones on the bg$i$ ol maD89ornBnl eslirnales of the amtyjnl 8ltribuiabl8 lo Ihal acibvily in tho yéar, Bilher by wlBren¢e to ilaff Ime or space occwed. as 8pproprk8to. The iryecovernble d•moni ol VAT is Indudod the Item ol ex￿n￿e to vthich rt relates. Gov&m•nce wryprl88 the cc418 of runnlThJ tha School, incknding •lr81eoi¢ ￿nnIng for ilo lutur• developmenl, also Inlemal and exlemBI audit, 8ny 18gal advlce, and all tho tosts ol complyin9 wlth con81ilutKinal and stslutory reqviramonis, luth 88 Iho costs of 8oard 8nd ComnNlio¢ ￿¢11￿9* and of P￿Paring 8181ulory accounts and 5811sly￿ng pubuc accountability. G¢vern8n(* ¢o•tB are no longer pr68enied as a 8OPBr8ts c8tagory of ayndiluro ￿ th1 8tfjl&ment of Financial Activilies 8s they 8re not regardgd a& p8rt of Support CO515 which are allLKaled lo the co81 of 8ctivltse8 undertaken by the School. Inlro.uroup sgles arkl charg85 behveen Ihe S￿￿1 and 118 subsidlary 8re 8xdud8d from trading incorr* exp0ndl1u￿. l.S O￿T￿lIng Ren￿lS p￿ya￿e under operallng leas88 charged In Ihg SOFA on 8 olraighl Ilne bash over Ihe leaae temi. 1.8 P•nslon •ch•m•8 The Sthool conlribuie$ to tho T￿Ch¥S, Ponsion Defined Ber*fit8 Scheme at rat88 set by th8 Sch8rn8 AGlugry and advised lo th8 Board by the Scheme Adminislrak)r. The 5cheFne 15 0 mulh'.ernployer ￿nSiOn scherw and il 18 not po881b￿ io Identify the a$$ets and li8bdlb.os of th& $¢heme vJhi¢h 4ty attnbulabl8 to the School. In 8ccordan¢e with FRS 102 therefore. Ihe sthemfr is 8ccounl8d for a8 8 defined ttjntribulion scheme. The sd)￿1 also contrit￿te5 to 8 group personal pan￿On sch8m8 for n￿-168ching $tsfl up Its 15% of annu81 b8￿C pay. Contributsons lo Bth8mes th8roed in the SOFA Ihey tecome payable in accordance wlh the rules of the 5cheme5. Paoe 31 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS for thfr yoar ending 31 July 2021 1.7 Employ•• hn•llt• The cost5 of short-tom enwloyo& ban8fitS 8r8 racogni8ed 88 8 liab￿lty and an expen?o. Tern¥nalion payrnnls aro recugni&fjd imm8di8tdy 88 an 6xpen88 whan th8 scMol 18 den￿nSt￿b1Y c¥)mmit8d lo18rmin8le the empty￿nI ol qn Brnpoly89 orprDvide temiination b¢nefrt•. 1.8 School l•nd bulldlng• •hd •qulpm•nt Capiialis8110rt and r8pl8cem6nl TangiNa fix8d asse18 cosbThJ In exce58 of £500 ere capilqli5ed gnd cqrrKd in balon¢e 8heol at hist￿1¢81 c081. In 8ccord8nc8 wllh the Iran8ltlon81 provi5KTr5 of FlnBncisl Reportiry stsnd8rd 102, Ih School ￿lIding5 aw $101od ai vAlUA￿On 8t 31 July 2001 8nd ihis d¢ern¥d co81 ha8 been frozen subJBcI to ￿Y 8djuslmw16 neC￿Sary resulbng frofft an irnpgimwnl re¥w, Th18 Valua￿On ha8 nol been upd8W. Llwre¢h8tiort The freehold kind Is nct d•prgrJaled. DeproCk8￿OTr of olhor as88ls Is provlded at r8188 calculaled lo wnl8 off the excess of co&1 over esbnwled r8SiLIu818munl over Ihts e81imgied ugeful epA)noftlc IIv81 or each clasts ol as881, 8ubi8cI io annual review. Theje r8108 or6 ¢uironlly 45 follows". 8ullding, Improvement8 and èxion#ions Furniture 8nd 8qINpm8nl Moior v¢hidai 10-SOyear8 3.7ye8rs 25% r8(luGlng b•lanc4J 1.9 Sto¢k Stock 1$ valuod 81 Ihe I¢￿101 ¢o&l fjnd not rg01I$oble v8lue. 1.10 Fund Accoun￿￿4 The chanlable trust funds of the Scheol bts 8uhKli8ry •re a¢¢ouni•d lor 88 unrg$ln¢ted or resldcted incon* in 8ccerdon¢o *4th lh8 18nn8 01 truBt Irnposed by th¢ dw¢x8 or any appeal to which Ihoy moy hqve responded. Unre&tricted IncomB bolongB le th¢ School'• wrporAt• r&serye8. spthidable 81 ihe dl$¢r9l1￿ of tho Governors, eilher to fund tha School'8 obpcts cr to bowfil the School itsell. Where the Govemors ¢Jeu(Je 10 6el port of those lund$ lo be U88d in lulure for Bom8 f pedfk purp088, thio l¥ 8cceunled for by transfer lo the approprialo designBl6d fund. ResMciod incow cornprise8 gifts, 1998oes and grants there li M Ca￿181 roitnikn ¢bligilion power bul only a tw$t law restric1k￿ lo lome 8pgofic purpos8 Inl8nd8¢J by the donor. 1.11 Fln•ncl•l In•trum•nt• Bosic finBDciBI Injlwmenls arg InS118lly recogni8ed al transact￿n value and sub￿quentIY rMaBufBd it arnortised to81 vlth Ihe exception ol inv951Thent6 which are held al fair volue. Financial assets hek1 81 8nKMt189d co81 comprise cash at bank and In hond. logBlhor wlh dgbltys, ex¢ludino prop8yments. A 5peLyfic. provi$ion 1$ made for debts for recowernbllty ig In doubt. Finanri81 Iiabililies held at amortised colt ¢cYrpris8 all ereditorl oxcepi 10¢101 swJrity and 9￿￿rI0x£$ ¥n¢ provl*on8. 1.12 Ca•h and cash equlvolonts Cash 8nd.cosh equivalents indude ￿¥h in hBn¢, t1erx)8ith hald ai cg11 bank8, oth6r 8hort-terrn liquid inve$lmntS ￿th orfglnal m81L￿110$ of Ihree months or less. 1.13 Jolnt wntue•s An enlily is treated a5 a j(xnt ventur8 where t￿ group is paty to a contractual *Jr8em8nt with one rnore parbes f￿rn oui¥ida tho group to undortgke an e¢orm)￿¢ a￿￿￿tY Ihal is subject io Ic4nt control. In the Consol￿ated accoun18, intar6sts in agsocKqted undertakirys we accounted lor usng the equ r￿thOd of 8ccounling, Under thi$ mothod an equity inve$tm¢nt Is iniually racogniBed at lh6 transaction prts (including Ir8n8aclKn coslsl end is sUbseqU￿¢1Y adju$ltrJ lo wflect Ihe inveslrfs Shore of Iha profil Dr105s. other Comp￿hen&1¥8 Inccthe and equlty of th8ioinl venture. Page 32 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMeNTS for th• y•ar •nding 31 July 2021 2021 Tot•1 2020 Total SCHOOL FEES Th• School•. h• Inc<>m• comprlmd: ' GroB5 1888 L888'. Totol buFJarie8 and 4llowan¢tr8 27.S80,820 3,85B.D71 23.722,749 26.273.719 21.835.gC Add back.. Transfcffliailono18u￿f1?s paid lor by re8lrktod fund? 116.463 183,876 Tot41 23,829.212 21,999,784 2021 Tot•1 2020 Total OTHER INCOAIE oth•r •duutlon•l charlt•bl• let￿￿1•*. ETrtr8n¢e and registration foej Olhgr lee& and Income SencD InC￿e Tot•1 67,470 1.460,931 32.777 1.567,178 62,$80 1,477,547 50.320 1.5￿,417 20211 Tot•1 2020 Total OTHeR TRADING ACTivmES Oth•rtradlng actl¥lti 290,364 240,798 18,920 249,835 7,553 Other Income Rant•l Incorr 201.423 499.787 OIIANTS ANLI DONATIONS Unr••tr5ct•d R••trl¢t•d 2021 Tot•1 HMRC Grant- Furbjgh DonBlion8 Parent8, AsMxiation Totsl 42Q355 251,745 421.355 356,469 104,724 678.794 104,724 783.518 Unr8$lrictod ID20 Total HMRC Grsnl- FUrf0￿h Donabon& Parents, A$60ciaiion Total 687,285 103.362 16.783 807.430 687.285 325.939 16.783 1,030,007 222.577 222,577 P8p 33 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS for th• year ending 31 July 2021 To1￿1 2C20 STAFF COSTS 2021 Total st•ff costs cornwls•d.. VVage8 8nd salane5 Swal $o¢unlie8 ¢o$t8 PrynJ￿n contribution5 Olher Stsff Cos16 13.432.413 13.045,382 1,372,579 1.343.629 2.30Z,722 2,256,679 105,884 375,488 17.363.39 17,021,178 The avern9B nurnber of employ88B In the year wai 43312020.. 4451 of vthlch 20912020.. 2051 wre teathing statt. FTE.. 32912020.. 3311 of *bieh 19112020.. 1851 toathing slalf. No Govgrnors were reirnbJr8ed fortravel ond Su￿510￿ce durlng the ￿arl202D.' nono). Na Governorn w$ived remunBrullon during the y•ur12020.' none), nurnbers of hlgher pak18rylowu wr•.. 2021 2020 Tox8ble 8ft￿luments bend.. E 60,UOD- £ 70,LK)O £ 70,0￿- £ 80,LY)O 80,001- £ 90,rpJo £ 90,001- £100,￿0 Et20,001 . £130,fAIO E130,001 . £140,tp)o £140,QOI - £150,￿0 EIg0,001 - E200,tA)O £200,001 . £210,(A)O 12 16 The numbgrwllh retirement bBnefits accruiry w•re.' Money Purchase Scheme Forwhich th8 t cDnlributicn$ 10.. Defined Benelil Schemes 29,340 14 32.267 15 Aooreg810 £ om￿0Ye0 bonefit8 of key mBnggernont pe￿0￿81 2,049,248 2,035,928 Two member8 of the key rnHnagernent personnel are H150 prov*aed wlh free acwmrndalion in order to ena￿0 thern to undertake spacific duiies ler ihe schwl. pgr50n was ￿ld a lerrninalK)n payment duriThJ the year12020.' cnel. Paoe 34 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS for th• ￿ar •nding 31 July 2021 ANALYSIS OF TOTAL AE80URCES EXPENDED 2021 Stsff ¢o4t• Qth•r ¢o•ts D•wrfl•tlon Total C08Ès 019gnor8WFW funds Fundr8i¥ing for voluntary re8oiYces Fin8nong oJ818 under Advance Fee conlr8cts NO￿anGi11ary Irath'ng Interest and olhor w918 178,573 76,481 255.054 182,594 229.078 143,601 631,754 182,594 318,122 143,601 897.371 e8,791 285,384 253 Ch&n'table 8¢tiwii•s.' Teaching Wolf8re Prenises Support cos18 of &chooling Gran18. 8W8rl8 and prizes Govomanc• CNIS 13,620,807 809,337 891,032 1,718.358 703.512 1,063.679 2.222.612 1,121,504 107,953 65,623 14,324,319 1,873.016 5,856.975 2,837,862 107,953 125,523 2,742.731 59.54)0 S¢hwl8 operaury colts 17.098,034 5,2e4,883 2.742.731 25,125.648 Total 17,383.39B 5,916.837 2.742.984 26,023,019 The p8ymonlB mudg under operabng18as88 dudng thè ye8rwo￿ £425.WO12020.' E425.IYJOI In rè8poCt of land 8nd buil¢Jing8 and £62.62012020." nil) In r￿p￿¢t of plonl and equipThnt. A14ALY818 OF TOTAL RÉSOURCE8 EXPENDEO 2020 St•ff ¢o•t• Otmr ¢o•th O•prt¢l•tbon Tot•1 Co$18 ofqenaraling fund$ Fundr81slng forvolunlary re$our Flnanong ¢o¥l$ urKlfjr Advunce Fee conlr4c¢• Non-8rrtill8ry irading Inlereli aThJ other tyJ815 197,663 125,143 322,806 179,878 192,093 401,362 179,878 299,611 401.362 1.203,657 107.210 304.873 Ch8ri18bl• 8Clw￿￿.' TÈB¢hino Welfare P￿miseS SuFWrt Costs 01 scbooling Grant&, award$ and prizgs Govoman¢B costs 13,184,873 775.279 887.179 1,809,074 771,8fj1 967,147 2,202,884 1,120,723 108.348 83,311 13.956.734 l.T82.426 5,653.696 2,929.797 168.348 123.211 2.503,633 59,WO Schools wernllng cost6 16,716,305 5,314,274 2.563,633 24,594,212 Totol 17,021,178 6,212,750 2,se3.941 25,797 869 Paa6 35 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS for th• y•ar ending 31 July 2021 7 AN*LY51S OF TOTAL RE8OURCE3 EXPENDED Icontlnu•dl Go¥om&nce expendlture irKlud85'. ToLIl Total 2021 2020 Audil(rf$ rwnuneraiion.. For audit 8eNlce8 31,717 28,404 TANOIBLE FIXEO ASSETS LDn4 Equlprn•rt, L••B•hold Fr••hold 8ulldlfig* and Cornput•rn. Bulldlrto• Imprw•ffj•nt• V•hlrl•• T•nqlbJ• Flx•d A•b•t•- Group Fr••hold Land Totsl Co81 lor frozen. WBluabonl Ai al 1 Augus12020 Addilw8 In year Diapo8818 2,825.000 800,000 16,580,207 28,110 50.032.412 1,494,147 30,040 7.Q82.743 Y97,252 104,854 76,5ZQ,362 3,319,509 151.099 A• It 31 July 2021 3,625,000 16,592,112 61,496,819 7,973,141 79,688,772 D•prKlatlon AB al 1 August 2020 Charo& for y08r D￿pOlo1• 3,516,382 413,573 16.205 14,286,788 1.418,883 4,548,925 912.528 22,352,095 2,742,984 140 034 A• It 31 July 2021 3,913.750 15.6P4.fjM 5,3S•,039 24,955.Q45 N•t book v41u• A• at 31 July 2021 3,625,000 12,678,382 36.811,863 2,618.602 54,733.727 AB 8131 July 2020 2,825,l¥JO 13.063 825 35 745 624 2 533 818 54 168 267 PaaB 36 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS for the y•ar ondlny 31 July 2021 TAN018LE FIXED ASSETS IContlnts•dl Long L••Mhold Fr••hold Bulldlngs And l1ulldln￿ Improvom•nt• Equlmi•nt. Furnitur•. Comput•rn. T•n9lbl• FSx•d A•*•t•- School Fr••hold L•nd T4)t•l Cost lor frozen. volu*onl A$ 8t 1 August 2020 Addition5 in ye8r Dispo8018 2,825,￿0 800.000 16.580,207 28,110 16,205 50,032,412 1.494.147 30,040 7.029,935 997,252 104.854 76,467,554 3.319.509 151.099 A• 1131 ju￿ 2021 3.825.000 10.592.112 31,496,519 7,922,333 7•.635.5104 Dewo¢iuUcn As al 1 AuguEI 2020 Charge lor yew Di$posJ15 3.516,383 413.573 16,205 14,288,788 1,416,883 19,01S 4,497.520 912,275 104.814 22.300,691 2.742.731 140.Q341 Al It 31 2021 3,913,751 15,￿4,¢50 5,304.981 24.993.388 N•t book ¥alu• A• It 31 Juty 2021 3,625.000 12,07BJ61 35,811,863 2,617,352 $4,732.570 As al 31 Juty 2020 2,825,000 13,083,824 35,745,824 2,S32,415 54.166.863 Tho Sthool hq& eW8d. in 8ccord8nce w￿h Soclits) 35.10ldl of FR8 102, lo Ihe value ￿ 191 September 2014. the dale ol Iransilion lo FRS 102, 018ny of Ihe atrnve fr9eh￿d land and bulldlng& pr6ViOU81y carrled ai o V81ualK)n, as Ihelr deemed ¢081. Included %4ilhlTh the addiUon& lor Long L•asehold 8uildlThJa and Improvement$ l& £1m for 8$1018 und&r con$trucii¢n ￿ ai 31it July 202112020.. £0.4ml. Tho88118ff* havo not begn doprfjdllted in IhB 8ccount8. 9 INVE8TMEMTS Group 2021 Group 2020 8¢hool 2021 School 2020 Inle¥g51 in &ubskl18ry undertaklng 1QO 100 Tot81 100 100 An investment of£2,500 in tsy)int ventur6 conpany was lryawed In 2016. Pag8 37 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS for the yoar •nding 31 July 2021 UNLISTED INVESTMENTS (con￿n￿•d) 9.1 8ub8ldlary Und•rtalI￿# Tho Sc*ool h88 a 1LK)% thareholding, 8cquireé on 22nd F8bruBry 1999. in St George'6 Weth'dge Enter￿385 Llmiled. Comp8ny No. 03719020, inciwatgd In the Unll¢d Klngdom, which man48s the cowfflerckwl acuvlties of the company. St George's Waybrbjge Enterpn868 Liffliled had a turnover of £383.990 12Q20.. £359.1971. groB8 profil of È171,58312020.. £179.7331 Bnd a prefil before lax gill aid of £18,'18012020.. £18.2931. Al 31 July 2021, Iho eorrwny had 8hgrehold6¢8 fundB of t8,07812020". 16,0781. 9.2 Jolnt V•ntw• Th8 School has a 50% ShBrehO￿Ing acquired on 25th Morth 1994 in o Joint VenWre ¢ompany, Sl Goorg6'S Woybrldge and Sufrey County Temis Centra Llmiled. Incorporatod In tho United Kingdom, which man*JfrB the Indoty lenni$ ¢enlfe. Th¢ Joint V8nlur8 Comp8ny Is m8nag8d pintly by tha cornpany and Surrey Counly L8 Tonn1¥ All￿at￿n *fil¢h ovms the i)th8r 50% 6￿rehOldIn8. On 25th March 1994 the School agreed le wovld8 18nd. Wlh th& approval ol the knephite Comunily, the Ireeholdor8. School 88 Ihe hefjd18a￿ hdder, agreed t¢ offer a 8uNe8ee lo Surrey County Lawn Tgnnll Asuccialion I'lhe Surrty Truslfjej l on siry¥l8r le4ge turms, The 5uryoy Truslfjes agre￿j lo build and fund the Indou ￿nn16 cèntr8. The Junl Venture Comppny ij rosponjible lor muking a￿angeM￿n￿ for of ihe indoor tenni8 ¢enlre which, under the present agr8emenl,1s given eoually io St G8orge's Weybridg8. Surrey Lawn Tennis As8Od8tion th8 Joint V8niure CompBny *ttich lels Ihe court8 lo Ihlrd p8rtle6. St George's Weybrkjge a8518h by makn'ng gvail8bl& 11$ ovm slafl Io fArry out ihe Jolnl Venlur8 cornpany's owralion$. Sl G8orge's W8ybridg8 18 8180 respJn8ibl8 Icf day lo day mainienanco ef the tennis ¢onire buldinos, Any our￿U81d0￿c￿l *ill b8 8harod aqualy by St George'8 WeybTrJge and the Surrey Lown Tennis AsE0cial￿Tr. The unaudlled results lor th¢ L981 yo8r8 are 98 follm.. PROFIT AND LOSS ACCOUNT YEAR ENDED 30 SEPTEMBER 2021 2021 2020 Tumover COBI of Sal88 Adnwnisiration OepredBlion Intewl Re¢eivaNo 18.080 33,993 11041 125.0411 15.6061 120,4901 15.5901 114.0191 3,251 T8x8ti ProfiVILo881 fcrth8 year 114.9191 3,251 Balance brought ff0￿rd 10,142 13,393 Balanc8 carri8d fowrd. 24.161 10,142 Page 38 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS for th• yoar endlng 31 July 2021 UPILISTED Nvg8TME14TS ICDntlnU￿j BAL￿CE SHE AS AT 30 SEPTEMBER 2021 2021 2020 FIXED A88ET3 Tonoltye Issels 43,474 49.064 CURRENT A8SEf8 StrJ¢* Debtor Calh at bonk 728 11.201 27.793 12,045 2B,397 CREDITORS.. AnTrJwl• lalllng due %￿l￿n one year 21,e03 NeTCURRENTM8ETg 18.8391 6,794 TOTAL ASSETS LE88 CURRENT LMILITIE8 34,839 58,888 CREoITOR8.. Amoun¢• f•lllng du• In m¢r• than on• y•ar 140001 161,OLhJl NET LIABILITIES 119,1811 15.142 CAPITAL ANO RESERVE8 Sham cwttal Profil and arxount j.ooo 124.111 10.142 8HAREHOLDER8' FUND8 19,161 5.142 10 8TO¢K Group 2021 Grwp 2020 Se1￿01 2021 2020 GcoaB for r88ale Olh8r8tock 197,061 30214 197,744 22,174 30.214 22.174 227 27S 219.918 30.214 22.174 Pag8 39 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS for thè yoar ending 31 July 2021 11 DEBTORS Group Group 8¢hool 2021 school 2020 2020 Amount due from Jc4nl Ventur8 ccfflpany Amount du9 from 8ub8diary Ffje dgbtorB Sundry (Jeblor8 Prep8yments 8ntl awueo Incrxfia 14.030 17.1e6 14.031 153.514 99,237 03,558 540.548 870.891 17,18 143.645 181.696 83.059 537,441 963,627 9•,237 7Y.567 541,585 72J.405 181,698 8B.509 538.205 825.590 12 CREDITORS.. du• wlthln om y•&r Oroup Group 2020 School 2021 Scho 2020 B•nk loan Advance fee schorne (Notè 131 Pen8ion conlribullons Try(Je crfjdilorn social ￿curitY aThl olher laxallon Dop08116 Olhor emditoro Accru818 707.339 4,250.149 286,682 740.119 341.235 .353.360 421.889 454.4S8 1,555.221 1,181,111 4,410.D77 208.916 1,542,395 345,996 373.838 312,812 205,321 P,068.280 707,339 4.250,149 280,682 878.573 341,235 353.350 421,889 439.970 7,480.187 4,418.077 28B,91fj 1,629,515 346,996 573,038 512,812 209,888 0,758.933 1J ADVIWCE FEE PAYMENTS. Of4OUP PAr6nls m8y 8nl8r nlo a eontract lo pay lor their thildren'8 lultson fe85 In advan￿. Th8 ￿ngY moy b¢ returned Iubpcl lo $pg¢ific ￿ndItIonS on the rgcelpl of term'• noti¢e. Assuming 8tudeni$ wll rtrmoin Ihe alfvanco feej %wll be Jpplled 8$ follow8". 2021 2020 After S >*ar# Within 2 to 5 yeBf8 Within 1 to 2 yeurn 204,183 2,315.429 1,883,201 4A72,813 3￿,931 2.421.820 2.327.444 5.050.195 Within 1 year (note 121 4,418,077 8,890.U90 4,250,149 9.300,344 Page 40 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS lor th• yoar onding 31 July 2021 13 ADVANCE FEE PAYMENTS.aROUP (Condn￿l Thv balance represents the accrued Ilat41￿Y under Ihe canlr8CtB. The mov8ments durfno the year were-. 2021 2020 ealance a11 Augu8l Naw 9,30D,344 3,507,593 12.807,937 9.477,273 3,780.177 13,257.450 Arnounlo Utihxd in p8ymenl of feg?.. To tha School 13,917,047) 13,957,106) 8gLqnw 0131 July .890,890 9,300,344 14 SCHOOL FEE DEpoBfT8 2021 2020 ArTrJunts due 1- 2 year•.. Jun18 2- 5 y&ar•'. ATrJunls due mora than 5 y8WS.' 223.183 297.400 778,960 1,300,013 280.925 246.360 T74,905 1,302,190 15 LOANS. OROUP 2021 2020 Amun￿ duè 1- 2 ye8ra'. Amounts due 2- S yeBN'. Amnts du• frnre than S yè8rs'. 1.192,983 3,603,918 1,204,24J 7,001,149 3,61S,741 3,322.342 8,119,194 The temm ol ihe loan8 are.. 2021 R•p•ym•nti Includlr In¢•r••t lor 2021.22 Int8r8Stral8 L•nd•r lil Nal We81 Fix•d IntOrn8t <￿tUred) {111 Nut We81 Cbi18 Flxed Int8re81188oJrgdl 4,731,484 3.450,776 591,310 58.333 2.44% 2.25% lil In Juno 2020 the Cha￿tY took ad8ntage ol the Int8re81 r8t88 #nd r&fin8nc*d iwo loBns with N#1 West. con501Klaling them intc one. Th8 n8V4 Loan 18 fully $ecufg¢ on ihro¢ proportios l¢ne1086eholdl. sited to the College along ￿th the JunK)r Sshoul, in line wilh the previous arrangem8nls. lill In June 2020. the ch8fity leok advantage ol Ih? Governrrftnl CBILS lo￿ 8ffBn9&￿nt to en¥urB adequate rash is available dunng the Covid p8ndemic. Inlewt Otb the is coverBd by the governffffjnl ILY 12 nlhs. Repayrnenl8 ¢ommen¢od in July 2021. JuD￿r School 5rt8 provld88 88CLlrtly for IN8 loan. £2.325.000 of Ihe outstanding lean balance wa8 r8pak1 In S6ptsmber 2021. Page 41 ST GEORGE'S WEY8RIDGE NOTES TO THE FINANCIAL STATEMENTS for thè y•ar anding 31 July 2021 18 M4ALYSIS OF NET ASSET8 BETWEEN FUNDS The orryjpts nw g$iets bdoThJ to Ihe v8mu& fuThJ$ 8$ 8131 J￿Y 2Q21 98 followB'. Flx•d N•t Curr•nt ••ts Long Torm Lllblllti Fund R08tiict8d funds Oe&gnat¢d fund8 Unresiricled funds 434,98• 1•3,OSO 214,877 434,989 193,050 42,174.129 Y.733,727 12.773.975 54,733.727 12.7T3.975 042.916 ￿ 42,802.880 The Scho(l$ n81418e18 b•low varlou$ lun48 a8 at 31 Juty 202186 Idio￿". Flx•d A•••t• N•1 Curr•n¢ A•••¢• Lon9 T•nn Fund Raslnci8d fund8 Designated funds Unrestricted lund& 434,989 193.050 209,950 434,989 19J,OSQ 42.168,651 54,732,671 12,773,975 04,732,176 12,773,975 837,98• ￿ 42,796.UO Page 42 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS fortho year gndlng 31 July 2021 17.1 RESTRICTED FUNDS.. MOVEMENT IN THE YEAR alance In¢r*ning Rewurces ResourceB Em￿nded Balan J1 July 2021 31 ￿lY 2WdO Translws Actiwty Contre Olhar C8Pito1 Proivd• eurBJry Fund L￿rde8 Bur88ry Fund Su$an Qoodchlld Wodftson SchdarBhlp 1,515 3,158 101,067 3,108 403.873 $02 329.236 501 128,4301 27,389 3S7,125 68 105,809 27.456 434,969 27,9451 BU￿nCe 31 July 2019 Incorring Rel￿rCel B•l•n 31 July 2020 Exp6ndad Tr8ngf•rn Activity C8nire Other Corx'tsl Projec Bursary Fund LtyJrde& 8ursary Fund Sus8n G¢>)d¢lWld W¢JollJon Scholar8hlp 74,808 1,168 146,925 $01 174.8081 308,186 1125.B751 319,231 $01 6S,156 27,320 400,662 165.1561 68 223.488 27.386 357.12J 267,OD5 Pa￿ 43 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS for the y•ar •ndlng 31 July 2021 17.2 UNRESTRICTED FUNDS: MOVÈMENTS IN The YEAR 2021 Unre8tnct6d FLffids 0o8ignated Funds Reslricled Funds Fund Movtrmont Total Fund• Balanc8 8￿9￿1 forw8rd Total In¢(xnino R&8ourc*s Telal Resource8 Expended Tr8n8fer8 41.737,973 28,332,081 126,023,019> 127.594 31,382 261.317 357.125 105.809 42.120.4BO 26.699.207 126,023.0191 199.6491 127,9451 42,174.6 193.050 434.989 42,802.061 2020 Unrastricted Fund8 D8*gnaled Fund& R851ricl8d FundB Fund Movement Total Fund• B818nc8 Brought lowrd Total Inc4rnin9 Resour￿• Toial Resources Ewended Tr8nsler8 42,338,798 Z4,829,274 125,797,8891 387,770 28,707 103,440 400,662 223.466 42.718.117 28.156,182 120.797,8691 1100,7851 1267,0051 41,737,973 31,382 357.125 42,121,480 Unr••trbct•d D•slqMt•d Funds Incomlng de&lgnal8d lund5 donqted In the ye•rwor¢ a9signod iow8rdo tho lollowlng woig¢18, where Ih8 On0￿ had oxpro$80d 8 dewro for the fundB lo po iowird8'. Activity Cenlfft. 8ur8ary Fund 8oal Club Lwrdes Futuro Capit81 Projpd$ 18 CONTIIACTS N40 COMIAITMENTS 2021 EOOOS 2020 £WO8 421 Authw$ed contr8cl8d valu88 for new ￿lId. repairB and refuth¥hrnent, 2.137 Pagg 44 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS for the yéar onding 31 July 2021 19 PENSION SCHEMES Th8 S£*ml P0fU￿p8tes In Ihe Teachèrs. Schama IEnglond Ond Wale811kn8 TPS'I lor it6 lèathiio staff. The wnjien tharge for the year includes contrtbulkns payab18 Ihb Trs of £1.989,961 12020-. £1,850,324) and al the ye8r-8nd £238.59312020'. £237,W71 ¥¢wu¢d In r08PgGt of conthbuUonE to thLg IBhern8. The TP8 1$ an unfunded mulli-employer defined bgnafit8 penfA¢n Foverned by the Teachers, Pen$ions Rogulaibn8 2010 188 8rnendedl and, the foachw8' Pen51on Schgme R¢oul3fjon¥ 2014 la¥ arnendedl. Membar¥ crmiribulfr on a 'pay a$ you go" basis wltn conirfbullon8 Irom memborB and th• emtyoyor bolng crodiied to thè Exchequ&r. Rofjr•mnt 8nd olher penslon b8neffjt8 arn ￿1￿ by PU￿1¢ fund• ora￿d￿j bv Perfiam￿t. The ernplo￿r contrlbuyon.reb 18 8ei by tho SBtyelary of State lollowlng oohorne valualon8 undertthen e Government Auluarfb Departmonl. The n￿51 recent acluBAa1'v81uali￿ ol the TPS wa$ prwared UB at 31 March 2016 and th? Valuallon Roport. whlth w88 publl&h8d In 2019, cmfimwd that the gmF4oy0r conlrlbution rata for the TPS wrul¢ In¢yeoBe from ie.4% to 23.6% from 1 Septembèr 2019. Employ•rs arg also r8qulrad to pay a ochemo admlnlstra￿0n leyy of 0.08% glylw a total omploypr ￿nt￿bulOn.r0t8 ol 23.eB% Thè 31 M8rch 2010 ValuolioTr Report IV88 PrnP8red in aceord#nL* %￿th the b8n8fit8 Bet Olrt 8chenKI r8gulallon¥ pnd und•r the 8pproEth opedfied in tho Oirect￿n9. as they oppll8d 8t 5 MBrch 2019. However, th* 8g$umpUon5 wgrg ry)nsldered and sel by th8 08partmonl lor Edu¢o1ion ￿0¢ 10 the rtjlino in th• 'M¢CloudlS8rge8nt ca80'. Thi8 cbae h81 requlred the ¢ourtS ta CDn$lJer cHBes regarding thg ImplwngnlalK)n of Ihe 2015 r8ferm8 to Publlc Sorvkg Pgn81onfj Includng tho T8ach6r8' PenBlon8. On 27 June 2019 the Suprorno Court donled the Governnwnt wrml88len tc BPPB81 the Court of App8BI' ludGernent ￿at tran￿tIOnal provis￿n¥ InlrcduGed lo the reformed ￿nSon Bchemos In 2016 gove rL*o to nlowlul age d16rrfrfnalen. The governrnenl Is re8pe¢Nng the thrV8 d*thlon 8nd has $ald11 ￿11 ¢ng4e fvlly ￿th IhB EmpID￿nI Trfbunal 09 w811 gs employ?r ond rnBrnber representaUve8 lo Bgree hLW th8 di¥cdminBllon8 ￿11 b8 raff￿dIed. The govemTr*nt onnounc•d Dn 4 F8bruary 2021 that11 Intgnd8 to P￿¢80￿ vAlh 8 del8ffad ¢holcg underp'n under whleh memb0r¥ I￿11 bg abk lo ¢hoo&e either ￿98¢Y ￿ rolorrned Bch8rn8 b6nofit8 li re6paci of thélr s•N¥2• th8 P8rkd kétsYe8n 1 A￿]2015 Ind 31 Mllrch 2022 at the polntth8y b8ccme payable. Th8 TPS18 subJ8cl to a ¢o$l cap mechanl8m whlth WaB put In pl8c8 to protert ts¥p8ygr8 agDln81 unlorBeen th8nBa$ in 5cheTh eOSl¥, The Chlel Secretary to the TreaBvry, havin9 In 2018 an￿￿￿red Ihat there ￿￿Uld bo u rovlow ef.thlg COSI Cap mOCh&nlMI, In J8nu8ry 2019 announ¢ed a pause lo thB CDSI cBp rn8th8nl8m follo￿ng th8 Court of AppEal's ruling in the McCloudlS8rgeant case and until Ihere is certalnty 8bout Ihe VBlu¢ of pw$bn& lo emk4tyo81 from April 2015 onwards. Tho p8us8 waB Ilfl•d In July 2020, on conJultabon wus launched on 24 June on proposed chBngeu ta the cost CDnlrd mechanlsrn Idiowlng by the Government Actuary. Th• con$uknUw ck)80d to respon￿ on 19 Auauit 2021 and tn• GDv•mmgnt18 curronvy anoty81ng thè mpons¢s. In ￿eW of the above rulings ond ded8￿Sn8 the oG$umptions UBBd In the 31 March 2016 Acty8rfal Vgluellon may b8come In8ppropriole. In this scen8ri0. a valualtrJn prgp8red In 8ccordance With wised benefits and itably rgvlwpd a8$urnpUon$ would ￿01￿ ¢JMfgrgnlre6u1¢6 Ihon those c￿l81ned In thoActu•rLwl V￿Ua￿0n. Unll Ihe ¢L)llSUttallon Bnd the co81 cap rmchankm rwEew g(9 mmr￿￿ted It18 not pogsiblè to crndudo on any finanaal impact or futurp chBng88 to th8 conlribulK)n r•le¥ of Ihe TPS. AccLYéingty no k¥0￿81¢n for 8ny addltlonal past benefft pren$l¢n costs in inclvdgd In Ih68e fina￿81 ststsments. The School 8180 iuns a sd)ème foT nonvleachinu staff, which Is 4 d8lln8d ojntrfbuuens sch8mg. Th8 51 fcr the year ropr¢sgnt$ the S¢￿1.& ¢ontrfI￿ffionS tc th81 sch8rn8 of£372.76112020.. £370.9241. Pace 45 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS for th• y•ar onding 31 July 2021 20 RECONCILIAMON OF NET INCOMING RESOURCES TO NET CASH INFLOW FROM OPERATION3 2020 Nel Incomlng rethircol Non-oEeratsng cash flows 81irninatod.. nvo8tmgM Intom8 Flnance Costs D8pr6a8tson chargeB 8dd8d back IGainVLo88 on dlspo881 of Lqngit4e Iixed 888818 IlncreBsel In 810 Decrea8elllncre8881 in d8btorn 10o¢rewyln¢re8S8 In crathtors 876.188 1841,6871 119,5121 143.101 2,742.984 10,915 17,3S71 7.101 $42,724 128.4211 401,362 2,563.841 116.9201 142.3251 61S,647 11.745,7241 4,186,733 1,1Q5,873 21 OPERATING LEA8E COMMIYMENT8- GROUP AND SCHOOL Tho Grnup & Sc*oJl had the followlng ccfflmllm•nt¥ under ron-canullabl• opuraling le••oS." Dlglt•l Equlpm•fit 2021 2￿20 Proyrty 2021 2020 Oporotlng l•o$• ￿M￿lIn￿nts.. withln 1 y8or Wilhln 2- 5 ye8r• 7S,144 162,354 82,eiio 237,498 425,000 428,000 425,000 850.000 237.498 3QO.098 50,000 1,275,000 22 ANALYSIS OF NET DEBT Olhernor caBh change8 At1Aug 2020 At 31 July 2021 C8shflowJ CB•h and Gash Oqufv￿ent1 Cash 91 bonk Notice dep081ts Cash in hand 7,933,J76 708,054 1,000.000 11,OW,0001 6.123 13841 8,939A99 7Th3301 0,141,430 5.739 8,647,169 Borrnwlnqs Ba￿ loans iirilhin ene year Bank108n$ due afteron8 y88r 1707.3391 I8,119,1￿} 18,826,533) 112.%0 644,273 11.118,0451 11,181.1111 1.118.045 17,001.149 18,182,2601 464,909 644,273 351.943 Nel ￿shI(dotstI Page 46 ST GEORGE'S WEYBRIDGE NOTES TO ThE FINANCIAL STATEMENTS for the ￿•r endlng 31 July 2021 23 CONNECTED CHARITIES AND RELATED PARTY TIIANSACTIONS J Fljod Is a dir￿lOr ollh¢ j￿￿1 Ventur8 Conwrby. s ¢ Shevlin h a of the Bubsid￿ry. The cowro99ti￿ of Jo8oF*itO8 (Charlty number 0312071118 a wnnected eharliy ol the eryny. Rov W M Mulr18 0 Tru$tO0 ofthe Jo8ephlig crynm￿Ity. Trnn8actloni the￿ •nlllo0 Includ 2021 1 Th• Conqr•qatlon of JoMphll•• Joltr￿ ¢o•t• r*mtrAJr••d 114,300 425.000 139.92 425.000 Rent p•tsJ 2 J￿nIv•nI￿r• 8t G•or9•'• W•ybddg• Surr•y County T•nnli C•nlYo Llmh•d Amounl 14,036 17.186 J 8ub•ldlary 8t G•oty•'• W•>brld9• Erti•rprl8•• Llrnbd Inv•thi&nl 100 1CrtI Amwnl du8 153,514 140,553 16,180 143,645 152,448 16,293 h8rgeJ ￿ rent, statt lime And 8h•re ol ovetheadi GWt8 rocthd Pago 47