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||||Page|
|---|---|---|---|
|Reference<br>and administration||||
|Governors'<br>report (incorporating||the Strategic Report)|4-25|
|Independent<br>auditors'|report||26-29|
|Statement offinancial|activities||30-31|
|Balance sheet|||32|
|Cash flow statement|||33|
|Nates to the financial|statements||34-57|





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||||MERCHANT TAYLORS'||Emlsslons|
|---|---|---|---|---|---|
||||SENIOR SECR||calculation|
||||||per CO2e|
|Energy Source|||Consumption|Scope|2021|
|Gas —total kWh (kilowatt-hours)|from||4,330,635kWh {gross Cy (calorific|Scope 1|793.t|
|gas bills|||value))|||
|Electricity -total kWh electricity|bills||1,223,719kwh|Scope 2|259.83t|
|Transport —Mini-bus|||26,958 miles|Scope 1|12.37t|
|Business travel land (average car)|||2,615miles|Scope 3|0.71t|
|Business travel land (taxi)|||32 km|Scope 3|0.0048t|
|Business travel land (rail)|||174km|Scope 3|0.026t|
|Hotel Stay|||13.9 kgCO2e|Scope 3|0.0139t|
|Diesel (100%mineral<br>diesel)|||18,825<br>I|Scope 1|509.3t|
|Propane —Total Litres|||13,558 I|Scope 1|20.9t|
|Water Supply|||18,984 m3|Scope 3|2.83t|
|Water Treatment|||15,630m3|Scope 3|4.25t|
|Waste Disposal - Metal|||0.583t|Scope 3|12.41t|
|Waste Disposal —WEEE Mixed|||1.79t|Scope 3|38.12t|
|Waste disposal -Batteries|||0.355t|Scope 3|7.56t|
|Waste Disposal —Paper and board: mixed|||4.360t|Scope 3|92.8t|
|Waste Disposal - Glass|||0.432t|Scope 3|9.2t|
|Waste Disposal -Refuse /Commercial||and|63.3t|Scope 3|1,347.9t|
|industrial<br>waste||||||
|Waste Disposal - Paper|||6.3t|Scope 3|134.15t|
|Total|||||3,245.51t|
|Intensity<br>ratio|||Emissions data (tCO2e) per pupil||2.7t CO2e per|
||||&FTE||pupil &FTE|





## 

## 

|||MERCHANT TAYLORS|PREP SECR|PREP SECR||Emissions|
|---|---|---|---|---|---|---|
|||||||calculation|
|||||||per CO2e|
|Energy Source||Consumption|||Scope|2021|
|Gas —total kWh (kilowatt-||151,711kwh|||Scope 1|27.78t|
|hours) from gas bills|||||||
|Electricity —total kWh electricity||200,389kwh|||Scope 2|42.5t|
|bills|||||||
|Water Supply||1,853m3|||Scope 3|0.276t|
|Water Treatment||1,735m3|||Scope 3|0.504t|
|Transport —Mini-bus||14,287 miles|||Scope 1|4.0lt|
|Waste Disposal—||39t|||Scope 3|18.21t|
|Refuse/Commercial|and||||||
|industrial<br>waste|||||||
|Waste Disposal —Paper and||1.88t|||Scope 3|0.04t|
|board: mixed|||||||
|Total||||||93.34t|
|Intensity<br>ratio||Emissions data (tC02e) per pupil||and FTE.||0.202t C02e|
|||||||per pupil & FTE|





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||||Unrestricted||||2021|2020|
|---|---|---|---|---|---|---|---|---|
|||Unrestricted||Designated|Restricted|Endowment|Total|Total|
||||funds|funds|funds|funds|funds|funds|
|||Notes|E||||||
|Income from:|||||||||
|Charitable<br>Activities|||||||||
|School fees||2|23,446,472||||23,446,472|22,136,119|
|Registration/admissions|||||||||
|Fees||3|131,813||||131,813|138,571|
|Other charitable|activities||||||||
|-Insurance||3|8,381||||8,381|12,227|
|Rents received||3|251,083||||251,083|244,388|
|Government<br>grants|||||289,322||289,322|909,909|
|- Other||3|97,872||||97,872|86,099|
|Other trading<br>activities|||||||||
|Donation<br>from MTSEL||3|104,075||||104,075|56,826|
|Investments||3|1,797|41,198|36,117||79,112|130,683|
|Donations<br>&fegaaes|||||||||
|Donations|||||230,353||230,353|85,157|
|Development<br>campaign|||||||||
|income||3|47,185||1,347,828|10,500|1,405,513|243,134|
|Total income:|||24,088,678|41,198|1,903,620|10,500|26,043,996|24,043,113|
|Expenditure<br>on:|||||||||
|Raising funds|||||||||
|Alumni<br>Relations|and||||||||
|Development|||190,544||2,424||192,968|229,847|
|Iiivestrnent<br>management||||10,315|7,710||18,025|14,850|
|Finanang<br>costs|||11,511|4,267|||15,778|26,820|
||||202,055|14,582|10,134||226,771|271,517|
|Charitable<br>activibes|||||||||
|School and grant|making||22,335,420|189,884|694,792||23,220,096|22,221,677|
|Total expenditure||5|22,537,475|204,466|704,926||23,446,867|22,493,194|
|Net income/(expenditure)|||||||||
|before investment|gains||1,551,203|(163,268)|1,198,694|10,500|2,597,129|1,549,919|





## 

## 

|For the year|en|ded|31A|ug|u|st 2021|st 2021|||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted||||2021|2020|
|||||Unrestricted|||Designated|Restricted|Endowment|Total|Total|
|||||||funds|funds|funds|funds|funds|funds|
|||Notes||||5|6|6|6|6|6|
|Net gains on||||||||||||
|investments|||||||657,850|46,766|392,301|1,096,917|198,205|
|Net income||||||1,551,203|494,582|1,245,460|402,801|3,694,046|1,748,124|
|Transfers|||8|||(1,874)|1,874|||||
|Net movement|in|||||||||||
|funds||||||1,549,329|496,456|1,245,460|402,801|3,694,046|1,748,124|
|Fund balances at||||||||||||
|31August 2020||||||27,610,493|9,430,366|800,814|1,703,660|39,545,333|37,797,209|
|Fund balances at|||14|||29,159,822|9,926,822|4046,274|2,106,461|43,239,379|39,545,333|
|31August 2021||||||||||||
|Summary<br>Income||and Expenditure||||Account||||||
|||||||||||2021|2020|
|||||||||||6||
|Total mcome||||||||||26,033,496|24,036,058|
|Total expenditure||||||||||23,446,867|22,493,194|
|Unreaiised/realised||gains|and|losses||||||704,616|157,952|
|Net income for the year||||||||||3,291,245|1,700,816|
|All amounts<br>relate||to continuing|||operations.|||||||





## 

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## 

||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||Notes||||f|f|
|Fixed assets|||||||||
|Tangible<br>fixed assets|||||||33,657,981|33,334,517|
|Investments|||||||7,556,653|5,919,464|
|Fees ln Advance|investments|||||||143,346|
|Current assets|||||||||
|Stocks|||||22,395|||47,914|
|Debtors||||10|354,733|||405,358|
|Cash at bank and|in hand||||6,321,623|||4,748,981|
||||||6,698,751|||5,202,253|
|Current<br>liabilities|||||||||
|Creditors: due within one||year||11|(3,923,143)|||(4,227,894)|
|Net current assets|||||||2,775,608|974,359|
|Total assets less|current||||||||
|Liabilities|||||||43,990,242|40,371,686|
|Creditors: due after more||than|||||||
|one year||||12|||(750,863)|(826,353)|
|Total net assets|||||||43,239,379|39,545,333|
|Unrestricted<br>funds||||15|||39,086,644|37,040,859|
|Restricted funds||||16|||2,046,274|800,814|
|Endowment||||17|||2,106,461|1,703,660|
|Total funds|||||||43,239,379|39,545,333|
|The financial statements<br>their behalf<br>by:||were|approved|by the Governors||on|g(fi ~dbftgf~|2022 and were signed<br>on|
|D G M Eggar|||||||A G Moss||
|Director|||||||Director||





## 

|||||2021||2020|
|---|---|---|---|---|---|---|
|||Notes||f||6|
|Net cash flows from|||||||
|operating<br>activities||18||4,513,670||2,766,664|
|Cash flows from investing|||||||
|activities|||||||
|Investment<br>mcome|||79,112||130,683||
|Purchase ofproperty,<br>plant and|||||||
|equipment|||(1,932,670)||(2,533,003)||
|Proceeds from sale of|||||||
|investments|||2,701,842||1,767,185||
|Purchase ofinvestments|||(3,769,628)||(2,021,910)||
|Net cash used in investing||||(2,921,344)||(2,657,045)|
|activities|||||||
|Cash flows from financing|||||||
|activities|||||||
|Movement<br>in final deposits|||(66,800)||(20,400)||
|Repayment<br>ofinterest on loans|||||(15,830)||
|Repayments<br>ofborrowing|||(529,725)||(66,517)||
|Net cash used in financing|||||||
|activities||||(596,525)||(102,747)|
|Change in cash and cash|||||||
|equivalents<br>in the reporting|||||||
|period||||995,801||6,872|
|Cash and cash equivalents|b/f|19||5,426,446||5,419,574|
|Cash and cash equivalents|c/f at||||||
|31August||19||6,422,247||5,426,446|





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|School Fees|||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
|The School's fee|income corn pnsed.||||||||
|Gross fees|||||||25,789,646|25,157,268|
|Less 2021Spring|term|||discounts|||(715,679)|(1,444,842)|
|Less: Total bursaries,|||grants and allowances||||(2,032,965)|(1,829,328l|
||||||||23,041,002|21,883,098|
|Add back Scholarships,||||grants and allowances||paid for|||
|by restricted<br>funds||held||by MT Company|and|MTET|405,470|253,021|
||||||||23,446,472|22,136,119|
|Other income|||||||||
||||||||2021|2020|
|Other educational||charitable<br>activities|||||||
|Registration<br>fees|||||||115,663|112,971|
|Admission<br>fees|||||||16,150|25,600|
||||||||131,813|138,571|
|Other charitable|activities||||||||
|Insurance|||||||8,381|12,227|
|Rents receivable|||||||251,083|244,388|
|Deposits forfeited,||fees||m keu, music income||and other|||
|misc. income|||||||97,872|86,099|
|MTSEL donation|||||||104,075|56,826|
|Government<br>grants|||||||289,322|909,909|
||||||||750,733|1,309,449|
|Investment<br>income|||||||||
|Bankinterest|||||||850|22,016|
|Investment<br>income|||||||77,315|98,519|
|Interest<br>on late fees|||||||947|10,148|
||||||||79,112|130,683|





## 

## 

## 

|her income|(continu|ed)||||
|---|---|---|---|---|---|
|||||2021|2020|
|Donations||||||
|MT Company|Donation|||42,550|56,994|
|Scholarship|Income|||8,267|28,163|
|MTET Endowment||Fund||179,536||
|Other donations||||||
|||||230,353|85,157|
|Development|campaign||income|1,405,513|243,134|
|||||1,635,866|328,291|



## 

|penditure|||||
|---|---|---|---|---|
||||2021|2020|
|Support|costs of schooling included:||||
|Auditors'|remuneration|for audit services|26,850|24,000|
|Auditors'|remuneration|for other services||3,942|
||||26,850|27,942|
|Total staff costs comprised:|||||
|Wages and salaries|||12,583,098|12,159,692|
|Social security costs|||1,299,690|1,248,520|
|Pension|contributions||2,351,130|2,284,946|
|Termination<br>costs|||80,498||
||||16,314,416|15,693,158|





## 

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## 

## 

|The number of higher|paid employees|was:|2021|2020|
|---|---|---|---|---|
|F60,001 - 670,000|||33|35|
|670,001 - E80,000|||13|7|
|680,001 - E90,000|||4|4|
|6100,001 - 6110,000|||1||
|F110,001-6120,000|||1||
|E120,001 - f130,000|||1||
|6190,001-6200,000|||1||



## 



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## 

||||Staff|Other|Depreciation|Total|
|---|---|---|---|---|---|---|
||||Costs|Costs||2021|
||||6|6||6|
|Raising funds|||||||
|Financing costs/bank||interest||15,778||15,778|
|Investment<br>management||||18,025||18,025|
|Development<br>office|||177,726|12,818||190,544|
||||177,726|46,621||224,347|
|Charitable<br>activities|||||||
|Teaching|||12,574,150|1,297,413||14,157,943|
|Welfare|||720,638|378,891||1,099,529|
|Premises|||1,118,120|2,968,965|850,912|4,937,997|
|Support costs ofschooling|||1,723,823|423,420|568,410|2,429,273|
|School's operating|costs||l6,136,731|5,068,689|1,419,322|22,624,742|
|Bursaries<br>paid for by|||||||
|restricted<br>funds||||405,470|||
|||||||405,470|
|Alumm<br>Relations and||Development||2,424||2,424|
|OMT sports facilities|||||189,884|189,884|
|||||407,894|189,884|597,778|
|Total expenditure|||16,314,457|5,523,204|1,609,206|23,446,867|





## 

## 

||||Staff|Other|Depreciation|Total|
|---|---|---|---|---|---|---|
||||Costs|Costs||2020|
||||6|6||6|
|Raising funds|||||||
|Financing<br>costs/bank||interest||26,820||26,820|
|Investment<br>management||||14,850||14,850|
|Development<br>office|||160,704|40,570||201,224|
||||160,704|82,190||242,894|
|Charitable<br>activities|||||||
|Teaching|||11,939,676|1,198,657||13,138,333|
|Welfare|||524,625|340,226||864,851|
|Premises|||906,027|2,748,980|790,819|4,445,826|
|Support costs ofschooling|||1,252,217|604,027|563,608|2,419,852|
|School's operating|costs||14,622,545|4,891,890|1,354,427|20,868,862|
|Bursanes<br>paid for by|||||||
|restricted<br>funds||||1,162,930||1,162,930|
|Alumni<br>Relations<br>and|||||||
|Development||||28,623||28,623|
|OMT sports faalities|||||189,885|189,885|
|||||1,191,553|189,885|1,381,438|
|Total expenditure|||14,783,249|6,165,633|1,544,312|22,493,194|





## 

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## 

|Tangible fixed assets|||||
|---|---|---|---|---|
||Land|Assets under|Furniture<br>and|Total|
||and|construction|equipment|2021|
||buildings||||
||E||||
|Costs or revaluation|||||
|1September 2020|41,945,184|1,778,947|7,787,734|51,511,865|
|Additions|219,985|1,257,161|461,524|1,938,670|
|Transfers|1,778,947|(1,778,947)|||
|Disposal|(6,000)|||(6,000)|
|31August 2021|43,938,116|1,257,161|8,249,258|53,444,535|
|Depreciation|||||
|1September 2020|12,786,083||5,391,265|18,177,348|
|Charge for year|1,040,796||568,410|1,609,206|
|31August 2021|13,826,879||5,959,675|19,786,554|
|Net book value|||||
|31August 2021|30,111,237|1,257,161|2,289,583|33,657,981|
|31August 2020|29,159,101|1,778,947|2,396,469|33,334,517|





## 

## 

|Investments|||||
|---|---|---|---|---|
||||2021|2020|
|Investment|in subsidiary||100|100|
|investment|portfolio||7,556,553|5,919,364|
|Fees In Advance||investments||143,346|
||||7,556,653|6,062,810|



||2021|2020|
|---|---|---|
|Gross profit|181,666|220,504|
|Gross expenditure|(77,591)|(163,678)|
|Net surplus before donating to MTS|104,075|56,826|



|||||Quoted|
|---|---|---|---|---|
|||||investments|
|Investments|at|31August 2021were:|||
|Fixed Interest||||114,252|
|Overseas Bands|||||
|UK Equities||||123,200|
|UK Investment||Companies||1,989,115|
|Overseas investment|||Companies|4,367,733|
|Pnvate<br>Equity||||4,360|
|Alternatives||||657,269|
|Cash||||100,624|
|||||7,556,553|





## 

## 

||Transfer between|Transfer between|funds|||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
||Designated|Funds:||||||||
||Transferred|to/(from)||Unrestricted|Funds|re Housing|Fund|6,999|(15,417)|
||Transferred|to/ (from)||Fees in Advance||||(5,125)||
||Net transfer|to/(from)||Designated|funds|||1,874|(15,417)|
|9.|Stocks|||||||||
|||||||||2021|2020|
||Consumables|(including||textbooks)||||16,212|33,797|
||Goods for resale|||||||6,183|14,117|
|||||||||22,395|47,914|
|10.|Debtors|||||||||
|||||||||2021|2020|
||Trade/fee<br>debtors|||||||54,252|22,093|
||Amounts<br>owed from Related Undertakings|||||(See Note|23)|108,453|64,236|
||Prepayments|and|accrued income|||||112,464|81,715|
||Other debtors|||||||79,564|237,314|
|||||||||354,733|405,358|





## 

## 

||Creditors: due within one year|Creditors: due within one year||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||6|E|
||Amounts<br>due to Related Undertakings||(See Note 23)||14,426|
||Bank loans and overdrafts||||529,725|
||Final term deposits|||89,200|75,2DD|
||Trade creditors|||375,481|78,106|
||Accruals|||1,193,021|1,461,487|
||Exam deposits and Autumn|term pre-payments||1,956,388|1,700,216|
||Other deferred income|||1,150|12,791|
||Fees In Advance Scheme|||116,790|134,171|
||Other creditors|||191,113|221,772|
|||||3,923,143|4,227,894|
|12.|Creditors: due after more than one year|||||
|||||2021|2020|
|||||E|E|
||Final term deposits|||||
||Within 1to 2 years|||71,200|66,000|
||Within 2to 5years|||247,100|247,900|
||After 5years|||264,400|335,600|
|||||582,700|649,500|
||Fees In Advance:|||||
||Withm 1to 2 years|||128,111|136,927|
||Within 2to 5years|||40,052|39,926|
||After 5 years|||||
|||||168,163|176,853|
|||||750,863|826 353|



## 

## 

||||f|
|---|---|---|---|
|Balance at31August 2020|||311,024|
|New contracts|||104,558|
|Discounts|||4,176|
||||419,756|
|Amounts<br>utihsed|in payment|offees|(134,803)|
|Balance as at 31|August 2021||284,953|





## 

## 

|||Fixed assets|Current|Current|Long term|Total|
|---|---|---|---|---|---|---|
|||and investments|assets|liabilities|liabilities|2021|
|Unrestricted|and||||||
|designated|funds|39,108,173|4,652,477|(3,923,143)|(750,863)|39,086,644|
|Restricted funds|||2,046,274|||2,046,274|
|Permanent|endowment||||||
|funds||1,547,690||||1,547,690|
|Expendable|endowment||||||
|funds||558,771||||558,771|
|Total||41,214,634|6,698,751|(3,923,143)|(750,863)|43,239,379|



|||Fixed assets|Current|Current|Long term|Total|
|---|---|---|---|---|---|---|
|||and investments|assets|liabilities|liabilities|2020|
|Unrestricted|and||||||
|designated|funds|37,693,667|4,401,439|(4,227,894)|(826,353)|37,040,859|
|Restricted funds|||800,814|||800,814|
|Permanent|endowment||||||
|funds||1,224,762||||1,224,762|
|Expendable|endowment||||||
|funds||478,898||||478,898|
|Tota<br>I||39,397,327|5,202,253|(4,227,894)|(826,353)|39,545,333|





## 

## 

||||||Transfers||
|---|---|---|---|---|---|---|
||||||between||
|||Balance 2020|Income/gain|Expenditure|funds|Balance 2021|
|Undesignated:|||||||
|General|Reserves|27,611,797|24,088,678|(22,537,475)|(1,874)|29,161,126|
|Designated:|||||||
|Housing|Fund|61,456|||6,999|68,455|
|Pension|Fund|121,580||||121,580|
|Bursary|Fund|603,671|22,073|||625,744|
|QMT Asset Fund||4,714,634||(189,884)||4,524,750|
|Durrants|Fund|3,906,623|676,975|(10,315)||4,573,283|
|Fees In|Advance||||||
|Scheme||21,098||(4,267)|(5,125)|11,706|
|||9,429,062|699,048|(204,466)|1,874|9,925,518|
|Total||37,040,859|24,787,726|(22,741,941)||39,086,644|
|Analysis|of unrestricted|funds —previous|year||Transfers||
||||||between||
|||Balance 2019|Income/gain|Expenditure|funds|Balance 2020|
|||||E|||
|Undesignated:|||||||
|General|Reserves|25,986,181|22,737,939|(21,096,906)|(15,417)|27,611,797|
|Designated:|||||||
|Housing|Fund|46,039|||15,417|61,456|
|Pension|Fund|121,580||||121,580|
|Bursary|Fund|601,577|2,094|||603,671|
|0MT Asset Fund||4,904,519||(189,885)||4,714,634|
|Durrants|Fund|3,702,084|212,969|(8,430)||3,906,623|
|Feesln Advance|||||||
|Scheme||19,673|1,425|||21,098|
|||9,395,472|216,488|(198,315)|15,417|9,429,062|
|Tota<br>I||35,381,653|22,954,427|(21,295,221)||37,040,859|





## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

||||Incoming|Resources||
|---|---|---|---|---|---|
|||Balance 2020|resources|expended|Balance 2021|
|||f|E|f|E|
|General donations||292,278|102,002|(278,261)|116,019|
|Government|grants||289,322|(289,322)||
|||292,278|391,324|(567,583)|116,019|
|Development|Fund|||||
|Bursary||433,674|544,283|(135,343)|842,614|
|Sports, art and school campus||19,261|14,779|(2,000)|32,040|
|Capital projects||55,601|1,000,000||1,055,601|
|||508,536|1,559,062|(137,343)|1,930,255|
|Total||800,814|1,950,386|(704,926)|2,046,274|



|Analysis of r|estricted<br>funds —previou|s<br>year||||
|---|---|---|---|---|---|
||||Incoming|Resources||
|||Balance 2019|resources|expended|Balance 2020|
|||E||E|E|
|General donations||320,224|85,157|(113,103)|292,278|
|Government|grants||909,909|(909,909)||
|||320,224|995,066|(1,023,012)|292,278|
|Development|Fund|||||
|Bursary||376,008|217,435|(159,769)|433,674|
|Sports, art and school campus||25,552|8,901|(15,192)|19,261|
|Capital projects||37,420|18,181||55,601|
|||438,980|244,517|(174,961)|508,536|
|Total||759,204|1,239,583|(1,197,973)|800,814|





## 

## 

|17.|Analysis ofendowed|Analysis ofendowed|funds||||
|---|---|---|---|---|---|---|
||||Balance||||
||||2020|Income/gains|Expenditure|Balance 2021|
|||||6|6||
|Fund:|||||||
|Permanent||Endowment|1,224,762|322,928||1,547,690|
|Expendable||Endowment|478,898|79,873||558,771|
|Total|||1,703,660|402,801||2,106,461|
||Analysis ofendowed||funds —previous year||||
||||Balance||||
||||2019|Income/gains|Expenditure|Balance 2020|
|||||6|6||
|Fund:|||||||
|Permanent||Endowment|1,196,426|28,336||1,224,762|
|Expendable||Endownient|459,926|18,972||478,898|
|Total|||1,656,352|47,308||1,703,660|



||||||2021|2020|
|---|---|---|---|---|---|---|
|Net income for the reporting||period|||3,694,046|1,748,124|
|Depreciation|||||1,609,206|1,544,311|
|(Gains) on investments|||||(1,002,898)|(276,935)|
|Investment<br>income|||||(79,112)|(130,683)|
|Increase / (Decrease) in|operating||creditors|and accruais|216,284|(413,050)|
|Decrease in debtors|||||50,625|304,849|
|Decrease / (increase)in|stocks||||25,519|(9,952)|
|Net cash flow from operating||activities|||4,513,670|2,766,664|





## 

## 

## 

|19.|Net debt reconciliation|||||
|---|---|---|---|---|---|
|||At 1September|Cash Flows|Other non cash|At 31August|
|||2020||changes|2021|
||Cash and cash equivalents|||||
||Cash at bank and in hand|4,748,981|1,572,642||6,321,623|
||Cash at investment<br>managers|677,465|(576,841)||100,624|
|||5,426,446|995,801||6,422,247|
||Loans falling due within one|||||
||year|(529,725)|529,725|||
||Total|4,896,721|1,525,526||6,422,247|
||Net debt reconciliation<br>—previous|year||||
|||At 1september|Cash Flows|Other non cash|At 31August|
|||2019||changes|2020|
||Cash and cash equivalents|||||
||Cash at bank and in hand|4,448,659|300,322||4,748,981|
||Cash at investment<br>managers|970,915|(293,450)||677,465|
|||5,419,574|6,872||5,426,446|
||Loans falhng due within one|(499,281)|66,517|(96,961)|(529,725)|
||year|||||
||Loans falling due after more|||||
||than one year|(96,961)||96,961||
||Total|4,822,858|73,389||4,896,721|



## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

## 

||2021|2020|
|---|---|---|
||f|f|
|Within one year|118,626|120,679|
|Between 2 and 5years|451,773|458,243|
|In over 5 years|12,673,628|12,785,748|



## 



## 

## 

## 



## 

## 

## 

||||||Unrestricted||Permanent|2020|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Designated|Restricted|endowment|Total|
|||||funds|funds|funds|funds|funds|
|||||E|E|E|E|E|
|income from:|||||||||
|Charitable<br>activities|||||||||
|School fees||||22,136,119||||22,136,119|
|Registration/admissions|||||||||
|Fees||||138,571||||138,571|
|Other charitable||activities|||||||
|-Insurance||||12,227||||12,227|
|- Rents received||||244,388||||244,388|
|- FIMRC||||||909,909||909,909|
|-Other||||86,099||||86,099|
|Other trading|activities||||||||
|Donation<br>from|MTSEL|||56,826||||56,826|
|Investments||||32,164|58,536|39,983||130,683|
|Donations<br>ik legacies|||||||||
|Donations||||||85,157||85,157|
|Development|campaign||income|31,545||204,534|7,055|243,134|
|Total income:||||22,737,939|58,536|1,239,583|7,055|24,043,113|
|Expenditure<br>on:|||||||||
|Raising funds|||||||||
|Alumni<br>Relations||and|||||||
|Development||||201,224||28,623||229,847|
|Investment<br>management|||||8,430|6,420||14,850|
|Bankinterest||||26,820||||26,820|
|||||228,044|8,430|35,043||271,517|
|Charitable<br>activities|||||||||
|||||20,868,862|189,885|1,162,930||22,221,677|
|Total expenditure||||21,096,906|198,315|1,197,973||22,493,194|
|Net|||||||||
|income/(expenditure)||||||41,610|7,055|1,549,919|





## 

## 

|||Unrestricted|Unrestricted||Permanent|2020|
|---|---|---|---|---|---|---|
|||Unrestricted|Designated|Restricted|endowment|Total|
|||funds|funds|funds|funds|Funds|
|||E|E|E|E|E|
|Net gains on investments|||157,952||40,253|198,205|
|Net income||1,641,033|18,173|41,610|47,308|1,748,124|
|Transfers||(15,417)|15,417||||
|Net movement|in funds|1,625,616|33,590|41,610|47,308|1,748,124|
|Fund balances at|||||||
|31August 2019||25,984,877|9,396,776|759,204|1,656,352|37,797,209|
|Fund balances at|||||||
|31August 2020||27,610,493|9,430,366|800,814|1,703,660|39,545,333|