2022-08-31-accounts - Royal School For The Deaf Derby

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			Page
Reference and Administrative		Details ofthe Charity, its Trustees and Advisers
Trustees' Report			2-7
Independent Auditors'	Report	on the Financial Statements	8-10
Statement of Financial	Activities
Balance Sheet			12
Statement ofCash Flows			13
Notes to the Financial	Statements		14-30

REFERENCE AND	REFERENCE AND	REFERENCE AND	ADMINISTRATIVE	DETAILS	OF THE CHARITY, ITSTRUSTEES AND ADVISERS
			FOR THE YEAR ENDED 31 AUGUST 2022
Trustees			Mr D C du Celliee Muller
			MrJ H Richardson (resigned 16September 2021)
			MrJ A BOttewell
			Mr D E Bulger
			Mr C Crowley
			Mr M I Tomalin	(appointed	1 September 2022)
Company	registered
number			03367515
Charity registered
number			1062507
Registered		office	180Ashbourne	Road
			Derby
			DE22 3BH
Company	secretary		Miss H N Radford
Independent		auditors	Bates Weston	Audit Ltd
			Statutory Auditors
			Chartered Accountants
			The Mills
			Canal Street
			Derby
			DE1 2RJ
Bankers			HSBC Bank Pic
			1 St Peter's Street
			Derby
			DE12AE

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Note	2022f	2022f	2022 f.	2021f
Income from:
Donations and legacies		2	6,742,728		6,742,728	16,370
Charitable activities		3	4,470,277	263,579	4,733,856	4,935,597
Other income			20,269		20,269	5,275
Total income			11,233,274	263,579	11,496,853	4,958,242
Expenditure on:
Charitable activities		4	4,393,097	261,024	4,654,121	4,477,923
Total expenditure			4,393,097	261,024	4,654,121	4,477, 923
Net income before	net losses on
investments			6,840,177	2,555	6,842,732	480,319
Net losses on investments			(153,076)		(153,076)
Net income			6,687,101	2,555	6,689,656	480,319
Transfers between	funds	13	323,007	(323,007)
Net movement in funds			7,010,108	(320,452)	6,689,656	480,319
Reconciliation offunds:
Total funds brought	forward		1,520,972	391,479	1,912,451	1,432, 132
Net movement in funds			7,010,108	(320,452)	6,689,656	480,319
Total funds carried forward			8,531,080	71,027	8,602„107	1,912,451

				2022		2021
		Note		F		5
Fixed assets
Tangible assets				5,911,391		564,987
Investments				2,460,750		1,254,712
				8,372,14'I		1,819,699
Current assets
Debtors		10	124,573		155,401
Investments		11	51,224		51,210
Cash at bank and in hand			589,677		265,717
			765,474		472,328
Creditors: amounts	falling due within one
year			(535,508)		(379,576)
Net current assets				229,966		92,752
Total net assets				8,602,107		1,912,451
Charity funds
Restricted funds		13		71,027		391,479
Unrestricted funds		13		8,531,080		1,520,972
Total funds				8,602,107		1,912,451

			Note	2022 E	2021f
Cash flows from operating activities
Net cash used in operating activities			16	344,457	497,715
Cash flows from investing activities
Dividends, interests and rents from investments				13,655
Purchase oftangible fixed assets					(23,994)
Sale oftangible fixed assets				520
Purchase of investments				(1,071,734)
Proceeds from the disposal of investments				16,413
Classification transfer ofbrought forward	cash investments			(1,254,712)
Net investments acquired from connected		company		1,020,663
Net cash used in investing activities				(1,275,195)	(23,994)
Change in cash and cash equivalents	in the year			(930,738)	473,722
Cash and cash equivalents at the beginning		ofthe year		1,571,639	1,097,917
Cash and cash equivalents at the end	ofthe year		17	640,901	1,571,639
The notes on pages 14to 30 form part ofthese financial statements

						Unrestricted	Total	Total
						funds	funds	funds
						2022f	2022f	2021f
Donations						231,260	231,260	16,370
Donation	from	RSDD	2016	Property	Trust	6,511,468	6,511,468

Market v	alue of net assets tra	nsferred comprised the foll	owing:
			Unrestricted	Total
			funds	funds
			2022f	2022 6
Freehold	property		5,490,805	5,490,805
Investments			1,058,433	1,058,433
Amounts	owed by connected	charity	(37,770)	(37,770)
			6,511,468	6,511,468

		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		2022 f	2022 f	2022f	2021f
Pupil fee income		3,178,625		3,178,625	3,169,696
Grants		108,593	263,579	372,172	65,687
Government	grants	1,183,059		1,183,059	1,701,214
Total 2022		4,470,277	263,579	4,733,856	4,936,597
Total2021		4,608,617	327,980	4,936,597

				Unrestricted	Restricted
				funds	funds	Total	Total
				2022	2022	2022	2021
				E	E	E	E
Staffing costs				3,124,673	40,849	3,'l65, 522	3,093,530
Education	and		pupil support costs	374,210		374,210	372,166
Campus	and	property costs		601,437	220,175	821,612	770,636
Administration			costs	235,977		235,977	189,799
Governance		costs		56,800		56,800	51,792
				4,393,097	261,024	4,654,121	4,477,923
Total 2021				4,162,959	314,964	4,477,923

			Staff costs	Depreciation	Other costs	Total	Total
			2022 E	2022	2022 E.	2022 E	2021f
Staffing costs			3,065,689		99,833	3,165,522	3,093,530
Education and		pupil support
costs					374,210	374,210	372,166
Campus and	property costs			140,671	680,941	821,612	770,636
Administration		costs			235,977	235,977	189,799
Governance	costs				56,800	56,800	51,792
			3,065,689	140,671	1,447,761	4,654,121	4,477,923
Total 2021			2,990,516	27,197	1,460,210	4,477,923

Auditors'	remuneration
				2022f	2021f
Auditors'	remuneration			9,100	8,700
Fees payable to the Charity's		auditor	in respect of:
Non-audit	services			6,900	6,600

Staff costs
	2022	2021
	f.
Wages and salaries	2,568,402	2,499,772
Social security costs	223,839	213,544
Other pension costs	273,448	277,200
	3,065,689	2,990,516

The avera	g	e number of persons employed by the Charity	during the year was as follows:
			2022	2021
Academic			26	26
Residential		care	12	11
Learning	support		45	46
Corporate		&technical services	29	29
			112	112

2022	2021
No.	No.

		Long-term
	Freehold	leasehold	Motor	Fixtures and
	property f	property 6	vehicles F	fittings F	Total 6
Cost or valuation
At 1 September 2021		609,195	79,149	1,562,873	2,251,217
Additions	5,490,805				5,490,805
Disposals			(20,884)		(20,884)
Transfers between classes	609,195	(609,195)
At 31August 2022	6,100,000		58,265	1,562,873	7,721,138
Depreciation
At 1 September 2021		110,985	79,149	1,496,096	1,686,230
Charge for the year	109,816	12,184		22,401	144,401
On disposals			(20,884)		(20,884)
Transfers between classes	123,169	(123,169)
At 31August 2022	232,985		58,265	1,518,497	1,809,747
Net book value
At 31August 2022	5,867,015			44,376	5,911,391
At31August 2021		498,210		66,777	564,987

					Listed
					investmentsf
	Valuation
	At 1 September 2021				1,254,712
	Additions				1,071,734
	Disposals				(16,413)
	Revaluations				150,717
	At 31 August	2022			2,460,750
10.	Debtors
				2022f	2021f
	Trade debtors			43,094	31,575
	Due from connected		charity		33,670
	Prepayments	and accrued income		81,479	90,156
				124,573	155,401
11.	Current asset investments
				2022f	2021f
	Cash on deposit			51,224	51,210

			2022	2021
			6
Trade creditors			295,187	45,644
Other taxation and social security			67,842	48,266
Other creditors			13,340	20,548
Accruals	and deferred income		159,139	265,118
			535,508	379,576
			2022	2021
			6	6
Deferred	income at 1 September	2021	184,216	161,709
Resources deferred during the year			117,051	184,216
Amounts	released from previous	periods	(184,216)	(161,709)
Deferred	income as at 31 August 2022		117,051	184,216

Statement offund	Statement offund	s (continued)
General funds
General funds		1,516,157	11,225,271	(4,390,243)	(2,290,819)		6,060,366
Total
Unrestricted
funds		1,520,972	11,233,274	(4,393,097)	323,007	(153,076)	8,53'I,080
Restricted
funds
Leasehold
Building Funds		329,844		(8,454)	(321,390)
Greggs		817	400	(525)			692
Devolved Capital
Grant		8,933	9,518	(13,761)			4,690
NMSS
Maintenance
Grant			122,370	(122,370)
Pupil Premium
Receipts		1,000	74,225	(75,225)
Sports Premium
Grant		1,105	16,250	(17,355)
Roe Memorial		34,687					34,687
European Visits
Fund		7,873	6,142	(74)			13,941
Moscow
Bilingual		1,650					1,650
Sponsorship	5
aside		5,430					5,430
Tutoring Grant			17,449	(17,449)
Free School
Meals			1,617		(1,617)
Deaf Heritage			9,825	(1,620)			8,205
Bursary 20/21			3,418	(3,107)			311
Foundation
Derbyshire			1,618	(197)			1,421
Duke of
Edinburgh		140	747	(887)
		391,479	263,579	(261,024)	(323,007)		71,027
Total offunds		1,912,451	11,496,853	(4,654,121)		(153,076)	8,602,107

Statement offunds	(continued)
Statement offunds	- prior year
		Balance at				Balance al
		1September			Transfers	31Augusl
		2020 6	income	Expendituref	in/out 8	2021 8
Unrestricted funds
Designated funds
Children's Fund		5,016		(627)		4,389
Fundraising		2375	10,350	(11,075)	(1,650)
Tuck Shop		326	784	(684)		426
		7,717	11,134	(12,386)	(1,650)	4,815
General funds
General funds		1,029,641	4,619,128	(4,150,573)	17,961	1,516,157
Total Unrestricted funds		1,037,358	4,630,262	(4,162,959)	16,311	1,520,972
Restricted funds
Leasehold Building Funds		338,298		(8,454)		329,844
Greggs		1,250	1,000	(1,433)		817
Devolved Capital Grant		22,332	21,527	(34,926)		8,933
NMSS Maintenance	Grant		127,405	(127,405)
Pupil Premium Receipts		12,760	60,405	(72,165)		1,000
Sports Premium Grant		6,864	16,300	(5,859)	(16,200)	1,105
Greggs Hamper Fund			3,000	(3,000)
Roe Memorial			34,687			34,687
European Visits Fund		6,716	1,250	(93)		7,873
Careers Local			4,500	(4,500)
Covid Catch Up Funding			27,600	(27,600)
Moscow Bilingual					1,650	1,650
Sponsorship 5aside		5,430				5,430
Free School Meals			1,761		(1,761)
Bursary 20/21			2,795	(2,795)
Foundation Derbyshire		1,124		(1,124)
Duke of Edinburgh			750	(610)		'140

	Balance at 1	Balance at 1					Balance at
	September				Transfers	Gains/	31 August
		2021f	Income f	Expenditure F	in/outf	(Losses) F.	2022 F
Designated
funds		4,815	8,003	(2,854)	2,613,826	(153,076)	2,470,714
General funds		1,516,157	11,225,271	(4,390,243)	(2,290,819)		6,060,366
Restricted	funds	391,479	263,579	(261,024)	(323,007)		71,027
		1,912,451	11,496,853	(4,654,121)		(153,076)	8,602,107
Summary	offunds	- prior year
			Balance at				Balance at
			1September			Transfers	31August
			2020	Income	Expendituref	in/outf	2021f
Designated	funds		7,717	11,134	(12,386)	(1,650)	4,815
General funds			1,029,641	4,619,128	(4,150,573)	17,961	1,516,157
Restricted	funds		394,774	327,980	(314,964)	(16,311)	391,479
			1,432,132	4,958,242	(4,477,923)		1,912,451

Analysis of net assets between funds - cur	rent year
	Unrestricted	Restricted	Total
	funds	funds	funds
	2022 F	2022f	2022 5
Tangible fixed assets	5,911,391		5,911,391
Fixed asset investments	2,460,750		2,460,750
Current assets	694,447	71,027	765,474
Creditors due within one year	(535,508)		(535,508)
Total	8,531,080	71,027	8,602,107

Analysis of net assets between funds - prio	r year
	Unrestricted	Restricted	Total
	funds	funds	funds
	2021	2021	2021
		5	E
Tangible fixed assets	226,210	338,777	564,987
Fixed asset investments	1,254,712		1,254,712
Current assets	404,714	67,614	472,328
Creditors due within one year	(364,664)	(14,912)	(379,576)
	1,520,972	391,479	1,912,451

				2022	2021
				F
	Net income for the year (as per Statement ofFinancial		Activities)	6,689,656	480,319
	Adjustments for:
	Depreciation charges			144,401	30,928
	Gains on investments			(150,717)
	Dividends, interests and rents from investments			(13,655)
	Profit on the sale offixed assets			(520)
	Movement in debtors			30,828	164,570
	Movement in creditors			155,932	(153,101)
	Donation ofconnected	charity net assets		(6,511,468)
	Net cash provided by operating activities			344,457	522,716
17.	Analysis ofcash and	cash equivalents
				2022 f	2021 f
	Cash in hand			589,677	265,717
	Notice deposits (less than 3 months)			51,224	1,305,922
	Total cash and cash	equivalents		640,901	1,571,539
1&.	Analysis ofchanges	in net debt
			At 1
			September		At 31
			2021	Cash flows	August 2022
			f	f.	F
	Cash at bank and in hand		265,717	323,960	589,677
	Cash equivalents		51,210	14	51,224
			316,927	323,974	640,901

	u*l					N
		Ntf			(I	*)sf	MN					1307210800
I	IV0812022	REsrncrEC				FVNcs		SIVD	Nl 3ACC	040Ile
I	3IVNI2022							3SO	Nl SACC	1017DO
I	SIINV2D22							Sol	Nl 3ACC
I	SVNV2D22	a		Iv				322D	Nl SACC		.ISVOD
								r
I	30D812D22							4150	NI.3ACC		.203.0IMO
I	MXI2022							IVN	NIOACC	4tvuwv
I	300012022	F	X					XX	Nl 3ACC	151700
								r
I	3IINV2022							6030	Nl 3ACC	12,X500
I	SINI52072							SDSD	NI3ACC	2D7000IN
I	SVD812D22								NIOACC
										28529IIID	.2651mx	Ix8040DI	MIIVD
I	SIINV2D22	aukf		0FI p	I			6D50			.2IM
0	M0812D22	0	p							2V 0
										210D	2100	IX8007DS	2t00

Royal School for the Deaf Derby Management Report ofthe Auditors to the Board ofTrustees for the year ended	Royal School for the Deaf Derby Management Report ofthe Auditors to the Board ofTrustees for the year ended	Royal School for the Deaf Derby Management Report ofthe Auditors to the Board ofTrustees for the year ended	Royal School for the Deaf Derby Management Report ofthe Auditors to the Board ofTrustees for the year ended	Royal School for the Deaf Derby Management Report ofthe Auditors to the Board ofTrustees for the year ended	31August	31August	2022	2022							lII bates	weston	weston
																	ADDI I
2.2 PROPOSED AUDIT ADJUSTMENTS
Ag unadJusted errors below materlagly				are	noted	In this		report	unless		they sre		clearly trivial. Adjustmenl		has not been made on the grounds	of immateriality,	both
individually and In aggregate.
Misstatement
Nature of misstatement	Ia circumstances		ofits		Amount ofactual Ipotential								UnadJusted	UnadJusted
occunenca land name ofcomponent		for gra		up	misstatement			on tha					PIILEffect	gf0 Eifect
audits, where applicable)
					Pamual		Judgem		nt	Prol		M d
Tdd bit b lan es on	aged creditors	to trade				000						D OD	OM
debtors
42.4T d o dg													000	10907M
10000 I L d9													OM	10.9DTDS
Propose lo capltagss	Are alarm system					000		-47.msM				Dtgl	Ar.mg M	47,048 OD
expenses from repairs	0bring InI year depn
(over 6years)
2IOFDI 0Fgd g	Ader												ODD	59.7970tl
00500 Idl gn pe								$9.79J00					-59,79710	000
255Fhl &F08 g	d*p d 8 0	9											0to	-1194900
60250 gdngD p	' tu							n 94900					n 949 00	000
TOTAL:						000		-17840IN				ODO	A78!0DD	47.04000