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|**Risk Area**||**Risk**|**Management**|
|---|---|---|---|
|Pupil Profile||The College fails to maintain|The Board and SLT are united in their efforts|
|||an appropriate pupil profile|to prioritise the retention of existing pupils,|
|||to achieve its financial model|and recruit new pupils, at the correct level of|
|||/ targets.|affordability toachieve our strategic aims.|
|||The continued participation||
|||of international pupils is key.||
|Business||The
College
fails
to|This plan is under continual team review as|
|Continuity||adequately plan to ensure|the dynamic challenges faced continue to|
|||business continuity in the|evolve.|
|||event of a majorevent, either||
|||physical or virtual.||
|Global|/|The international political|The College continues to lobby through trade|
|International||landscape
impacts
the|bodies wherever possible, and aims to|
|political risk||effective recruitment of|communicate with its stakeholders to best|
|||international pupils.|mitigate this position.|
|Energy Costs||The availability and rising|The College has spread the risk, and secured|
|||cost of energy provides|its electricity provision in a multi-year|
|||continuity or cost challenges|contract. The College will continue to|
|||to the College.|appraise options on gas supply.|
||||The College seeks to actively reduce its energy|
||||consumption progressively to mitigate the|
||||cost implications associated with this, by|
||||leading a 'whole campus’ intiative.|
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|**SO:l**|**Governance, Leadership & Management**|
|---|---|
||**_Effectiveand respectful leadership and management of the College and commitment_**|
||**_of all staff to the implementation of the College's strategic objectives, utilising the_**|
||**_critical guidance, support, and expertise of the Governing Body._**|
|**SO:2**|**Culture & Ethos**|
||**_Advocacy of the College's mission, vision, values and aims by all stakeholders, where_**|
||**_opportunities for positive change and development are embraced._**|
|**SO:3**|**Academic Achievement**|
||**_A vibrant learning culture amongst pupils and staff, coupled with high expectations,_**|
||**_which adds value to pupils' academic achievement._**|
|**SO:4**|**Personal Development**|
||**_A broad range of challenging opportunities for pupils to develop their hearts, minds,_**|
||**_bodies, and spirit, embracing the values of democracy, the rule of law, individual_**|
||**_liberty, respect and tolerance._**|
|**SO:5**|**Facilities, Environment & Infrastructure**|
||**_High quality and well-maintained facilities for pupils, staff and visitors which provide_**|
||**_a safe, stimulating, and welcoming environment to maximise educational_**|
||**_opportunities and where staff and pupils can work and enhance their lives._**|
|**SO:6**|**Compliance**|
|---|---|
||**_Effective safeguarding and the provision of a safe, stimulating, and welcoming_**|
||**_environment which meets statutory responsibilities within a culture, whichembraces_**|
||**_scrutiny, accountability and progress._**|
|**SO:7**|**Educational Provision (Curricular, Extra, and Ultra Curricular)**|
||**_An all-round education whichfully encapsulates the College's ethos, aims and core_**|
||**_values and which provides appropriate challenges for all pupils._**|
|**SO:8**|**Relationships & Communication**|
||**_Recognition by the College of its role within the community, transparent and timely_**|
||**_communication with stakeholders, always embracing constructive feedback._**|
|**SO:9**|**Finance**|
||**_Well-structured and sustainable finances, maximising core, and additional revenue_**|
||**_opportunities without comprising the core values of the College's educational vision,_**|
||**_aims and objectives and its charitable status._**|
|**S0:10**|**Recruitment & Retention**|
||**_Professional & strategic marketing, recruitment, and retention by all, which is_**|
||**_effective, targeted and results-driven, conveying the key messages of the College._**|
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|Funds|funds|Funds|
|||2021|2021|2021|(Restated)|
||||||2020|
||Notes|£|£|£|£|
|Income from:||||||
|Charitable activities|4|8,377,788|1,217|8,379,005|8,984,440|
|Other trading|10|60,343|-|60,343|119,121|
|activities||||||
|**Total income**||**8,438,131**|**1,217**|**8,439,348**|**9,103,561**|
|Expenditure on:||||||
|Raising funds|11|39||39|4,704|
|Charitable activities|12|8,420,571|516|8,421,087|8,783,257|
|**Total expenditure**||**8,420,610**|**516**|**8,421,126**|**8,787,961**|
|Net income||17,521|701|18,222|315,600|
|**Net movement in**||**17,521**|**701**|**18,222**|**315,600**|
|**funds**||||||
|**Reconciliation of**|21,22|||||
|**funds:**||||||
|Total funds brought||3,901,555|8,921|3,910,476|3,594,876|
|forward, as||||||
|originallystated||||||
|Prior year|28|(265,000)|-|(265,000)|(265,000)|
|adjustment||||||
|Total funds brought||3,636,555|8,921|3,645,476|3,329,876|
|forward (restated)||||||
|Net movement in||17,521|701|18,222|315,600|
|funds||||||
|**Total funds**||**3,654,076**|**9,622**|**3,663,698**|**3,645,476**|
|**carried forward**||||||
|||2021|2021|2020|2020|
|---|---|---|---|---|---|
|||||(Restated)|(Restated)|
||Notes|£|£|£|£|
|**Fixed Assets**||||||
|Tangibleassets|**16**||11,915,823||12,075,803|
|**Current Assets**||||||
|Stocks|17|35,277||26,029||
|Debtors|18|1,036,856||991,514||
|Cash at hank and in|24|606,814||371,367||
|hand||||||
|||1,678,947||1,388,910||
|Creditors: amounts|19|(2,531,768)||(2,144,342)||
|falling due within||||||
|oneyear||||||
|**Net current**|||**(852,821)**||**(755,432)**|
|**liabilities**||||||
|**Total assets less**|||**11,063,002**||**11,320,371**|
|**current liabilities**||||||
|Creditors: amounts|20||(7,399,304)||(7,674,895)|
|falling due after||||||
|morethan one year||||||
|**Net assets**|||**3,663,698**||**3,645,476**|
|**Charity funds**||||||
|Restricted funds|21,22||9,622||8,921|
|Unrestricted funds|21,22||3,654,076||3,636,555|
|**Total funds**|||**3,663,698**||**3,645,476**|
|||2021|2020|
|---|---|---|---|
||Notes|£|£|
|**Cash flows from operating activities**||||
|Net cashgenerated from operatingactivities|23|963,996|1,031,236|
|**Cash flows from investing activities**||||
|Bank interest paid|13|(237,196)|(259,410)|
|Purchase of tangible fixed assets|16|(292,620)|(1,128,615)|
|**Net cash used in investing activities**||**(529,816)**|**(1,388,025)**|
|**Cash flows from financing activities**||||
|Repayments of borrowing||(198,733)|(97,222)|
|**Net cash used in financing activities**||**(198,733)**|**(97,222)**|
|**Change in cash and cash equivalents in the year**||**235,447**|**(454,011)**|
|Cash and cash equivalents at the beginning of the year||371,367|825,378|
|**Cash and cash equivalents at the end of the year**|**24**|**606,814**|**371,367**|
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||Unrestricted|Restricted|Total|
|---|---|---|---|
||Funds|Funds|Funds|
||2021|2021|2021|
||£|£|£|
|Educational operations|8,377,788|1,217|8,379,005|
||Unrestricted|Restricted|Total|
||Funds|Funds|Funds|
||2020|2020|2020|
||£|£|£|
|Educational operations|8,972,397|12,043|8,984,440|
##
||Notes|2021|2020|
|---|---|---|---|
|||£|£|
|School fees|6|7,649,169|7,965,065|
|Other educational income|7|341,514|381,778|
|Other ancillary trading income|8|177,600|323,816|
|Exceptional Government funding|9|210,722|313,781|
|||8,379,005|8,984,440|
##
||2021|2020|
|---|---|---|
||£|£|
|Gross fees|9,701,227|9,841,972|
|Less: Total bursaries, scholarships and|(2,052,058)|(1,876,907)|
|allowances|||
|Total|7,649,169|7,965,065|
||2021|2020|
|---|---|---|
||£|£|
|Registration fees|16,050|14,370|
|Otherexamination fees|115,510|112,465|
|Fees in lieu of notice|127,903|44,904|
|School trip income|-|157,619|
|Host family|-|12,320|
|Additional boarding|82,051|40,100|
|Total|341,514|381,778|
##
||2021|2020|
|---|---|---|
||£|£|
|Refectory income|68,906|157,584|
|Transport service income|107,476|93,785|
|World project|518|5,632|
|Rugby festival income|-|48,962|
|Other miscellaneous items|700|11,442|
|Parent Teacher Association donation|-|6,411|
|Total|177,600|323,816|
##
||2021|2020|
|---|---|---|
||£|£|
|Coronavirussupport|210,722|313,781|
|Total|210,722|313,781|
##
||Unrestricted|Restricted|Total|
|---|---|---|---|
||Funds|Funds|Funds|
||2021|2021|2021|
||£|£|£|
|Hire of school premises|50,252|-|50,252|
|Chapel fundraising|10,091|-|10,091|
|Total|60,343|-|60,343|
||Unrestricted|Restricted|Total|
||Funds|Funds|Funds|
||2020|2020|2020|
||£|£|£|
|Hire of school premises|16,741|-|16,741|
|Chapel fundraising|-|102,380|102,380|
|Total|16,741|102,380|119,121|
##
||Unrestricted|Restricted|Total|
|---|---|---|---|
||Funds|Funds|Funds|
||2021|2021|2021|
||£|£|£|
|Support costs-Chapel|39|-|39|
|fundraising||||
|Total|39|-|39|
||Unrestricted|Restricted|Total|
||Funds|Funds|Funds|
||2020|2020|2020|
||£|£|£|
|Support costs - Chapel||4,704|4,704|
|fundraising||||
|Total|-|4,704|4,704|
##
||Unrestricted|Restricted|Total|
|---|---|---|---|
||Funds|Funds|Funds|
||2021|2021|2021|
||£|£|£|
|Educational operations|8,420,571|516|8,421,087|
|Total|8,420,571|516|8,421,087|
||Unrestricted|Restricted|Total|
||Funds|Funds|Funds|
||2020|2020|2020|
||£|£|£|
|Educational operations|8,782,843|414|8,783,257|
|Total|8,782,843|414|8,783,257|
##
||Activities|Support|Total|
|---|---|---|---|
||undertaken|costs|Funds|
||directly|||
||2021|2021|2021|
||£|£|£|
|Educational operations|6,221,133|2,199,954|8,421,087|
|Total|6,221,133|2,199,954|8,421,087|
||Activities|Support|Total|
||undertaken|costs|Funds|
||directly|||
||2020|2020|2020|
||£|£|£|
|Educational operations|6,470,604|2,312,653|8,783,257|
|Total|6,470,604|2,312,653|8,783,257|
##
##
||Total Funds|Total Funds|
|---|---|---|
||2021|2020|
||£|£|
|Staff costs|4,508,833|4,434,773|
|Depreciation|452,600|434,132|
|Teaching|479,540|598,638|
|Welfare|216,564|265,936|
|Premises|563,596|737,125|
|Total|6,221,133|6,470,604|
||Total Funds|Total Funds|
|---|---|---|
||2021|2020|
||£|£|
|Staff costs|1,200,505|1,291,960|
|Governance costs|5,700|5,016|
|Administration expenses|139,316|132,390|
|Advertising|187,106|169,583|
|Agents commission|239,002|106,011|
|Bank and finance charges|237,196|259,410|
|Events and festivals|6,923|79,309|
|Insurance|83,332|86,827|
|Other|12,145|16,247|
|Professional fees|70,792|100,426|
|Transportation|10,118|63,183|
|Covid-19 costs|7,819|2,291|
|Total|2,199,954|2,312,653|
##
||2021|2020|
|---|---|---|
||£|£|
|Wages and salaries|4,651,378|4,568,681|
|Social security costs|429,157|406,007|
|Pension costs|628,803|752,045|
|Total|5,709,338|5,726,733|
||2021||2020|
|---|---|---|---|
||No.||No.|
|Teaching||83|82|
|Administration, domesticand||96|99|
|grounds||||
|Total||179|181|
||2021|2020|
|---|---|---|
||No.|No.|
|In the band £60,001 to £70,000|2|2|
|In the band £70,001 to £80,000|2|1|
|In the band £80,001 to £90,000|1|.|
|In the band £120,001 to £130,000|-|1|
|In the band £130,001 to £140,000|1|-|
##
##
||Freehold|Motor|Fixtures &|Computer|Total|
|---|---|---|---|---|---|
||property|vehicles|fittings|Equip.||
||£|£|£|£|£|
|Cost||||||
|At 1 August 2020|13,903,832|160,403|1,117,924|1,176,228|16,358,387|
|Additions|157,224|-|98,419|36,977|292,620|
|At 31 July 2021|14,061,056|160,403|1,216,343|1,213,205|16,651,007|
|Depreciation||||||
|At 1 August 2020|2,285,864|144,589|827,267|1,024,864|4,282,584|
|Charge in year|307,912|3,953|64,798|75,937|452,600|
|At 31 July 2021|2,593,776|148,542|892,065|1,100,801|4,735,184|
|Net book value||||||
|At 31 July 2021|11,467,280|11,861|324,278|112,404|11,915,823|
|At 31 July 2020|11,617,968|15,814|290,657|151,364|12,075,803|
##
##
||2021|2020|
|---|---|---|
||£|£|
|Due within one year|||
|Trade debtors|809,373|591,355|
|Other debtors|3,796|81,847|
|Prepayments and accrued income|223,687|318,312|
||1,036,856|991,514|
##
||2021|2020|
|---|---|---|
|||(Restated)|
||£|£|
|Bank loan (see note 20)|410,338|211,602|
|Advance fee payments|238,935|160,417|
|Trade creditors|164,061|155,531|
|Deposits held|327,997|364,010|
|Othertaxation and social security|104,908|367,557|
|Other creditors|736,057|457,521|
|Accruals and deferred income (see note 28)|549,472|427,704|
||2,531,768|2,144,342|
|Advance fee payment scheme|||
|---|---|---|
||2021|2020|
||£|£|
|Balance at 1 August|383,871|415,035|
|New contracts|582,429|328,520|
|Refunds in the year|-|(22,389)|
|Amounts usedto payforfees|(189,548)|(337,295)|
|Advance fee payments held at 31 July|776,752|383,871|
||2021|2020|
|---|---|---|
||£|£|
|Within one year|238,935|160,417|
|Between 2 to 5 years|469,719|223,454|
|More than 5 years|68,098|-|
|Advance fee payments held at 31 July|776,752|383,871|
##
||2021|2020|
|---|---|---|
||£|£|
|Bank loan|6,293,707|6,691,176|
|Advance fee payments|537,817|223,454|
|Deposits held|495,780|652,265|
|Other creditors|72,000|108,000|
||7,399,304|7,674,895|
||2021|2020|
|---|---|---|
||£|£|
|Within one year|410,338|211,602|
|Between 2 to 5 years|6,293,707|6,691,176|
|Bank loan at 31 July|6,704,045|6,902,778|
##
##
||Balance at|Income|Expenditure|Transfers|Balance at|
|---|---|---|---|---|---|
||1 August|||In / Out|31 July|
||2020||||2021|
||(Restated)|||||
||£|£|£|£|£|
|**Unrestricted**||||||
|**funds**||||||
|General fund|3,636,555|8,438,131|(8,420,610)||3,654,076|
|**Restricted**||||||
|**funds**||||||
|World project|6,015|517|||6,532|
|Parent Teacher|2,906|-|-|-|2,906|
|Association||||||
|donation||||||
|Child Under Care|-|700|(516)|-|184|
|premium||||||
||8,921|1,217|(516)|-|9,622|
|Total of funds|3,645,476|8,439,348|(8,421,126)|-|3,663,698|
|**Statement of funds **|**- prior year **|**(restated)**||||
||Balanceat|Income|Expenditure|Transfers|Balanceat|
||1 August|||In / Out|31 July|
||2019||||2020|
||(Restated)||||(Restated)|
||£|£|£|£|£|
|**Unrestricted**||||||
|**funds**||||||
|General fund|3,213,005|8,989,138|(8,782,843)|217,255|3,636,555|
|**Restricted**||||||
|**funds**||||||
|World project|797|5,632|(414)||6,015|
|Chapel fund|116,074|102,380|(4,704)|(213,750)|-|
|Parent Teacher||6,411||(3,505)|2,906|
|Association||||||
|donation||||||
||116,871|114,423|(5,118)|(217,255)|8,921|
|Total of funds|3,329,876|9,103,561|(8,787,961)|-|3,645,476|
##
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|**Current year**||||
|---|---|---|---|
||Unrestricted|Restricted|Total|
||Funds|Funds|Funds|
||2021|2021|2021|
||£|£|£|
|Tangible fixed assets|11,915,823|-|11,915,823|
|Current assets|1,669,325|9,622|1,678,947|
|Creditors due within one year|(2,531,768)|-|(2,531,768)|
|Creditors due beyond one year|(7,399,304)|-|(7,399,304)|
|Total|3,654,076|9,622|3,663,698|
||Unrestricted|Restricted|Total|
|---|---|---|---|
||Funds|Funds|Funds|
||2020|2020|2020|
||(Restated)||(Restated)|
||£|£|£|
|Tangible fixed assets|12,075,803|-|12,075,803|
|Current assets|1,379,989|8,921|1,388,910|
|Creditors due within one year|(2,144,342)|-|(2,144,342)|
|Creditors due beyond one year|(7,674,895)|-|(7,674,895)|
|Total|3,636,555|8,921|3,645,476|
|||2021|2020|
|---|---|---|---|
|||£|£|
|Netincome forthe year||18,222|315,600|
|(as per the Statement of Financial Activities)||||
|Adjustments for:||||
|Depreciation charges|16|452,600|434,132|
|Bank interestpayable|13|237,196|259,410|
|(Increase) in stocks|17|(9,248)|(11,924)|
|(Increase) in debtors|18|(45,342)|(305,158)|
|Increase in creditors|19,20|310,568|339,176|
|**Net cash generated from operating**||**963,996**|**1,031,236**|
|**activities**||||
##
|**24.**|**Analysisof cash and cash equivalents**|||
|---|---|---|---|
|||2021|2020|
|||£|£|
|Cash|in hand andat bank|606,814|371,367|
|Total|cash and cash equivalents|606,814|371,367|
||At lAugust|Cash flows|At 31 July|
|---|---|---|---|
||2020||2021|
||£|£|£|
|Cash in hand and at bank|371,367|235,447|606,814|
|Debt duewithin one year|(211,602)|(198,736)|(410,338)|
|Debt due beyond one year|(6,691,176)|397,469|(6,293,707)|
||(6,531,411)|434,180|(6,097,231)|
##
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||2021|2020|
|---|---|---|
||£|£|
|Within one year|111,057|139,990|
|Between one and five years|137,043|133,134|
|After more than five years|-|18,269|
||**248,100**|**291,393**|
##
||2020|2019|
|---|---|---|
||£|£|
|**Creditors: Amounts falling due within one year**|||
|Increase in Accrual foremployee holiday pay|265,000|265,000|
|**Unrestricted reserves**|||
|Movement in General funds at 31 July|(265,000)|(265,000)|
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