2022-08-31-accounts - Merchant Taylors School

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	`Page`
`Referenceandadministration`
`Governors’report{incorporatingtheStrategicReport)`
`Independentauditors’report`	`18-21`
`Statementoffinancialactivities`	`22-23`
`Balancesheet`	`24`
`Cashflowstatement`	`25`
`Notestothefinancialstatements`	`26-41`

`MTSSECRReportingPeriod:` `September2021- September2022`				`2022`	`2021`
				`Emissions`	`Emissions`
`EnergySource`	`Consumption`	`Scope`		`calculation`	`calculation`
				`(tCOe)`	`(tCOe)`
`.` `Gas= totalKWh(kilowatt-hours)from`	`3,212,982kWh` `(grossCV(calorific`	`Scope`	`1`	`578`	`793`
`gasbills`	`value))`
`Transport— Mini-bus`	`24,187miles`	`Scope`	`4`	`8.64`	`12.37`
`Diesel(100%mineraldiesel)`	`13,524litres`	`Scope`	`1`	`48`	`509`
`Propane— TotalLitres`	`4,254litres`	`Scope`	`1`	`6.55`	`20.9`
`Electricity— totalkWhelectricitybills` `fortheschool`	`1,411,201kWh`	`Scope2`		`273`	`260`
`Businesstravel(averagecar)`	`658miles`	`Scope3`		`0.18`	`0.71`
`Businesstravelland(taxi)`	`1136km`	`Scope3`		`0.17`	`0`
`Businesstravelland(rail)`	`963km`	`Scope3`		`0.03`	`0.03`
`HotelStay`	`0kgCO2e`	`Scope3`		`0`	`0.14`
`WaterSupply`	`26,251m3`	`Scope3`		`3.9`	`2.83`
`WaterTreatment`	`214,330m3`	`Scope3`		`5.83`	`4,25`
`WasteDisposal- Metal`	`0.55tonnes`	`Scope3`		`11.7`	`12.41`
`WasteDisposal- WEEEMixed`	`0.50tonnes`	`Scope3`		`10.64`	`38.12`
`Wastedisposal- Batteries`	`0.15tonnes`	`Scope3`		`3.19`	`7.56`
`WasteDisposal- Paperandboard:`	`2.32tonnes`	`Scope3`		`49`	`93`
`mixed`
`WasteDisposal- Glass`	`2.16tonnes`	`Scope3`		`46`	`9`
`WasteDisposal- Refuse/`
`Commercialandindustrialwaste`	`46tonnes`	`Scope3`		`973`	`1,348`
`WasteDisposal- Paper`	`4,34tonnes`	`Scope3`		`92`	`134`
`Total`				`2,110`	`3,246`
	`Emissionsdata`			`1.8tCO2e`	`2.7tCO2E`
`intensityratio`	`(t{CO2e)perpupil`			`perpupil&`	`perpupil&`
	`&FTE`			`FTE`	`FTE`

	`Unrestricted`	`Designated`	`Restricted`	`Permanent` `Endowment`	`2022`	`2021`
`Incomefrom:`	`£`	`£`	`£`	`£`	`£`	`£`
`Charitableactivities`
`Schoo!Fees`	`25,242,337`	`-`	`-`	`-`	`25,242,337`	`23,446,472`
`Registration/AdmissionsFees`	`130,587`	`-`	`-`	`-`	`430,587`	`131,813`
`Othercharitableactivities`
`Other.ancillaryincome- Insurance`	`7,935`	`-`	`-`	`-`	`7,935`	`8,381`
`Otherancillaryincome- Rents` `Received`	`240,815`	`-`	`-`	`-`	`240,845`	`251,083`
`Otherancillaryincome- HMRC`	`-`	`-`	`-`		`-`	`289,322`
`Other`	`166,464`				`166,464`	`97,872`
`Othertradingactivities`
`DonationfromMTSEL`	`188,975`	`.`	`-`	`-`	`188,975`	`104,075`
`Investments`	`19,343`	`67,015`	`42,704`	`-`	`129,062`	`79,112`
`Donations& legacies`
`Donations`			`278,024`	`-`	`278,024`	`230,353`
`DevelopmentCampaignIncome`	`47,724`		`375,933`	`-`	`423,657`	`1,405,513`
`TotalIncome:`	`26,044,180`	`67,015`	`696,661`	`-`	`26,807,856`	`26,043,996`
`Expenditureon:`
`Raisingfunds`
`AlumniRelationsand` `Development`	`273,044`	`-`	`6,389`	`-`	`279,433`	`192,968`
`Investmentmanagement`	`-`	`12,822`	`7,885`	`-`	`20,707`	`18,025`
`Financingcosts`	`16,533`	`2,860`	`-`	`-`	`19,393`	`15,778`
	`289,577`	`15,682`	`14,274`	`.`	`319,533`	`226,771`
`CharitableActivities`
`Schoolandgrantmaking`	`23,968,581`	`189,884`	`419,569`	`-`	`24,578,034`	`23,220,096`
`Totalexpenditure`	`24,258,158`	`205,566`	`433,843`	`-`	`24,897,567`	`23,446,867`
`Netincome/(expenditure)before` `investmentgains`	`1,786,022`	`(138,551)`	`262,818`	`-`	`1,910,289`	`2,597,129`

`Notes`	`Notes`	`Unrestricted`		`Designated`	`Restricted`	`Permanent` `Endowment`	`2022`		`2021`
`Net(lossVgainoninvestments`			`-`	`(597,463)`	`(125,025)`	`(189,905)`	`(912,393)`		`1,096,917`
`Netincome`		`1,786,022`		`(736,014)`	`137,793`	`(189,905)`	`997,896`		`3,694,046`
`Transfers`	`8`	`(6,999)`		`20,569`	`98,483`	`(112,053)`		`-`		`-`
`Netmovementinfunds`		`1,779,023`		`(715,445)`	`236,276`	`(301,958)`	`997,896`		`3,694,046`
`Fundbalancesat31` `August2021`		`29,159,822`		`9,926,822`	`2,046,274`	`2,106,461`	`43,239,379`		`39,545,333`
`Fundbalancesat31` `August2022`	`14`	`30,938,845`		`9,211,377`	`2,282,550`	`1,804,503`	`44,237,275`		`43,239,379`
`SummaryIncomeandExpenditureAccount`
							`2022`		`2021`
							`£`		`£`
`TotalIncome`							`26,807,856`		`26,033,496`
`TotalExpenditure`							`24,897,568`		`23,446,867`
`Unrealised/realisedgainsand`	`(losses)`						`(722,488)`		`704,616`
`NetIncomefortheyear`							`1,187,800`		`3,291,245`
`Allamountsrelatetocontinuingoperations.`

	`Notes`
			`2022`		`2021`
`Fixedassets`			`£`		`£`
`TangibleFixedAssets`			`33,550,891`		`33,657,981`
`Investments`			`6,733,087`		`7,556,653`
`Currentassets`
`Stocks`		`104,613`		`22,395`
`Debtors`		`707,910`		`354,733`
`Cash`		`8,842,859`		`6,321,623`
		`9,655,382`		`6,698,7517`
`Currentliabilities`
`Creditors:duewithinoneyear`	`11`	`(4,893,276)`		`(3,923,143)`
`Netcurrentassets`			`4,762,106`		`2,775,608`
`Totalassetslesscurrentliabilities`			`45,046,084`		`43,990,242`
`Creditors:dueaftermorethanoneyear`	`12`		`(808,809)`		`(750,863)`
`Totalnetassets`			`44,237,275`		`43,239,379`
`Unrestrictedfunds`	`15`		`40,150,222`		`39,086,644`
`Restrictedfunds`	`16`		`2,282,550`		`2,046,274`
`Endowment`	`17`		`1,804,503`		`2,106,467`
`Totalfunds`	`14`		`44,237,275`		`43,239,379`

	`Notes`		`2022`		`2021`
		`£`	`£`	`£`
`Netcashflowsfromoperatingactivities`	`18`		`4,004,385`		`4,513,670`
`Cashflowsfrominvestingactivities`
`Investmentincome`		`129,062`		`79,112`
`PurchaseofFA`		`(1,531,583)`		`(1,932,670)`
`Proceedsfromsaleofinvestments`		`1,791,570`		`2,701,842`
`Purchaseofinvestments`		`(1,754,970)`		`(3,769,628)`
`Netcashininvestingactivities`			`(1,365,921)`		`(2,921,344)`
`Cashflowsfromfinancingactivities`
`Movementinfinaldeposits`		`8,200`		`(66,800)`
`Loaninterest`
`Repaymentofborrowing`				`(529,725)`
`Netcashusedinfinancingactivities`			`8,200`		`(596,525)`
`Changeincash andcashequivalentsinthereportingperiod`			`2,646,664`		`995,801`
`Cashandequivalentsb/f`	`19`		`6,422,247`		`5,426,446`
`Cashandequivalentsc/fat31August`	`19`		`9,068,911`		`6,422,247`

`Schoolfees`	`2022` `£`	`2022` `£`	`2021` `£`
`TheSchool'sfeeincomecomprised:`
`GrossFees` `Less:Summerdiscounts` `Less:TotalBursaries,GrantsandAllowances`	`26,808,834` `-` `26,808,834` `(1,986,066)` `24,822,768`		`25,789,646` `(715,679)` `25,073,967` `(2,032,965)` `23,041,002`
`Addback:` `Scholarships,GrantsandAllowancespaidfor`
`byRestrictedFundsheldby` `,MTCoCharitiesFund,MTET` `EndowmentFundandDevelopmentFundraising`	`419,569`		`405,470`
	`25,242,337`		`23,446,472`
`Otherincome`	`2022` `£`		`2021` `£`
`Othereducationalcharitableactivities` `RegistrationFees` `AdmissionFees`	`108,087` `22,500` `130,587`		`115,663` `16,150` `131,813`
`Otherancillaryactivities` `Insurance` `RentsReceivable`	`7,935` `240,815`		`8,381` `251,083`
`DepositsForfeited,FeesInLieu,MusicIncomeandOther` `MiscIncome` `MTSELdonation` `Governmentgrants`	`166,464` `188,975` `604,189`	`-`	`97,872` `104,075` `289,322` `750,733`
`Investmentincome` `Bankinterest` `InvestmentIncome` `InterestonLateFees`	`18,207` `109,534` `1,321` `129,062`		`850` `77,315` `947` `79,112`
`Donations` `MTCompanyDonation` `MTCoPrizes` `ScholarshipIncome` `MTETEndowmentFund`	`36,650` `9,000` `7,374` `225,000` `278,024`		`42,550` `-` `8,267` `179,536` `230,353`
`DevelopmentCampaignIncome`	`423,657`		`1,405,513`
	`701,681`		`1,635,866`

`Expenditure`
	`2022`	`2021`
	`£`	`£`
`Supportcostsofschoolingincluded:`
`Auditors’renumerationforauditservices`	`28,984`	`26,850`
`Auditors’renumerationforotherservices`	`-`		`-`
	`28,984`	`26,850`
`Totalstaffcostscomprised:`
`Wagesandsalaries`	`12,888,982`	`12,583,098`
`Socialsecuritycosts`	`1,383,326`	`1,299,690`
`Pensioncontributions`	`2,551,444`	`2,351,130`
`Terminationcosts`	`11,327`	`80,498`
	`16,835,076`	`16,314,416`
`Employees`
`Theaveragenumberofemployeesintheyearwas362(2021:363)ofwhich152(2021:152)were`
`teachingstaff.`
`The.numberofhigherpaidemployeeswas:`	`2022`	`2021`
`£60,001-£70,000`	`36`	`33`
`£70,001-£80,000`	`15`	`13`
`£80,001-£90,000`	`3`	`4`
`£90,001-£100,000`	`2`	`1`
`£110,001-£120,000`	`1`	`1`
`£120,001-£130,000`	`1`	`1`
`£190,001-£200,000` `£210,001-£220,000`	`0` `\|`	`1`	`-`

`Analysisoftotalexpenditure`
	`StaffCosts`	`OtherCosts`	`Depreciation`	`Total2022`
	`£`	`£`	`£`	`£`
`Raisingfunds`
`Financingcosts/bankinterest`	`-`	`19,393`	`-`	`19,393`
`Investmentmanagement`	`-`	`20,707`	`-`	`20,707`
`Developmentoffice`	`203,636`	`69,408`	`-`	`273,044`
	`203,636`	`109,508`	`-`	`313,144`
`Charitableactivities`
`Teaching`	`13,025,695`	`1,884,959`	`-`	`14,910,654`
`Welfare`	`775,405`	`538,283`	`-`	`1,313,688`
`Premises`	`1,087,003`	`3,195,464`	`908,400`	`5,190,867`
`SupportCostsofschooling`	`1,743,337`	`269,646`	`540,389`	`2,903,372`
`School'soperatingcosts`	`16,631,440`	`5,888,352`	`1,448,789`	`23,968,581`
`BursariespaidforbyRestrictedFunds`	`-`	`419,569`	`-`	`419,569`
`DevelopmentCampaignRestricted`	`-`	`6,389`	`-`	`6,389`
`OMTSportsfacilities`	`:`	`-`	`189,884`	`189,884`
	`-`	`425,958`	`189,884`	`615,842`
`TotalExpenditure`	`16,835,076`	`6,423,818`	`1,638,673`	`24,897,567`
`Analysisoftotalexpenditure- previous`
`year`
	`StaffCosts`	`Other Costs`	`Depreciation`	`Total2021`
	`£`	`£`	`£`	`£`
`Raisingfunds`
`Financingcosts/bankinterest`	`-`	`15,778`	`-`	`15,778`
`Investmentmanagement`	`-`	`18,025`	`-`	`18,025`
`Developmentoffice`	`177,726`	`12,818`	`-`	`190,544`
	`177,726`	`46,621`	`-`	`224,347`
`Charitableactivities`
`Teaching`	`12,574,150`	`1,297,413`	`-`	`13,871,563`
`Welfare`	`720,638`	`378,891`	`-`	`1,099,529`
`Premises`	`1,118,120`	`2,968,965`	`850,912`	`4,937,997`
`SupportCostsofschooling`	`1,723,823`	`423,420`	`568,410`	`2,715,653`
`School'soperatingcosts`	`16,136,731`	`5,068,689`	`1,419,322`	`22,624,742`
`Bursariespaidforby`	`-`	`405,470`	`-`	`405,470`
`DevelopmentCampaignRestricted`	`-`	`2,424`	`-`	`2,424`
`OMTSportsfacilities`	`:`		`189,884`	`189,884`
	`-`	`407,894`	`189,884`	`597,778`
`TotalExpenditure`	`16,314,457`	`§,523,204`	`1,609,206`	`23,446,867`

`Tangiblefixedassets`
	`Landand`	`Assetsunder`	`Furniture` `and`	`Total2022`
	`buildings`	`construction`	`:` `equipment`
	`£`	`£`	`£`	`£`
`Costsorrevaluations`
`1September2021`	`43,938,116`	`4,257,161`	`8,249,258`	`53,444,535`
`Additions`	`453,844`	`26,995`	`1,050,744`	`1,531,583`
`Transfers`	`1,257,161`	`(1,257,161)`	`-`	`-`
`Disposal`	`-`	`-`	`-`	`-`
`31August2022`	`45,649,121`	`26,995`	`9,300,002`	`54,976,118`
`Depreciation`
`1September2021`	`13,826,879`	`-`	`5,959,675`	`19,786,554`
`Chargeforcurrentyear`	`1,098,284`	`-`	`540,389`	`1,638,673`
`31August2022`	`14,925,163`	`-`	`6,500,064`	`21,425,227`
`Netbookvalue`
`31August2022`	`30,723,958`	`26,995`	`2,799,938`	`33,550,891`
`31August2021`	`30,111,237`	`1,257,161`	`2,289,583`	`33,657,981`
`Ofthetotalnetbookvalueoflandandbuildingsincludedabove,`		`£8,269,155isfreeehold(£2,900,000land).and`
`£22,454,802` `isleasehold.`
`investments`
			`2022`	`2021`
			`£`	`£`
`Investmentinsubsidiary`			`100`	`100`
`QuotedInvestments`			`6,732,987`	`7,556,553`
`FeesInadvanceInvestments`			`-`	`-`
			`6,733,087`	`7,556,653`
`Theinvestmentinsubsidiaryrelatestothe`	`tradingcompany,MerchantTaylors'School`		`EnterprisesLimited.The`	`activitiesof`
`thissubsidiaryincludetheTuckShopandthelettingofSchoolfacilities.Theresultsfor`			`theyearareasfollows:`
			`2022`	`2021`
			`£`	`£`
`Grossprofit`			`391,502`	`181,666`
`Gross expenditure`			`(202,527)`	`(77,591)`
`NetsurplusbeforedonatingtoMTS`			`188,975`	`104,075`
`Atthebalancesheetdate,theaggregatesharecapitalandreservesofthesubsidiaryundertakingwere£100(2021:£100).`
`Investmentsat31August2022were:`				`Quoted`
				`Investments`
				`£`
`FixedInterest`				`434,184`
`OverseasBonds`				`-`
`UKEquities`				`86,975`
`UKInvestmentCompanies`				`1,483,277`
`OverseasInvesimentCompanies`				`4,502,498`
`PrivateEquity`				`-`
`Alternatives`				`-`
`Cash`				`226,053`
				`6,732,987`

`Notestothefinancialstatements(continued)`
`Fortheyearended31August20622`
`Transferbetweenfunds`	`2022`	`2021`
	`£`	`£`
`HousingFund- Designated`	`6,999`	`6,999`
`Transferto/(from)FeesInAdvance`	`~`	`(5,125)`
`BursaryFund- Designated`	`13,570`	`-`
`BursaryFund- Restricted`	`98,483`	`-`
`EndowedFunds`	`(112,053)`	`-`
`Nettransferto/(from)Funds`	`6,999`	`1,874`

`Stocks`	`2022`	`2021`
	`£`	`£`
`Consumables(includingtextbooks)`	`18,623`	`16,212`
`Goodsforresale`	`85,990`	`6,183`
	`104,613`	`22,395`
`Debtors`	`2022`	`2021`
	`£`	`£`
`Trade/FeeDebtors`	`55,084`	`54,252`
`AmountsowedfromRelatedUndertakings(seeNote`	`203,753`	`108,453`
`23)`
`Prepaymentsandaccruedincome`	`171,123`	`112,464`
`Otherdebtors`	`277,950`	`79,564`
	`707,910`	`354,733`
`Creditors:duewithinoneyear`	`2022`	`2021`
	`£`	`£`
`AmountsduetoRelatedUndertakings(seeNote23)`	`-`	`-`
`Bankloansandoverdrafts`
`Finaltermdeposits`	`73,600`	`89,200`
`Tradecreditors`	`700,389`	`375,481`
`Accruals`	`1,279,718`	`1,193,021`
`ExamdepositsandAutumntermpre-payments`	`2,363,028`	`1,956,388`
`Otherdeferredincome`	`1,150`	`1,150`
`FeesInAdvanceScheme`	`109,142`	`116,790`
`Othercreditors`	`366,249`	`191,113`
	`4,893,276`	`3,923,143`
`Creditorsdueaftermorethanoneyear`
	`2022`	`2021`
`Finaltermdeposits`	`£`	`£`
`Within` `1to2 years`	`78,300`	`71,200`
`Within2 to5 years`	`250,800`	`247,100`
`After5 years`	`277,400`	`264,400`
	`606,500`	`582,700`
`FeesinAdvance`
`Within` `1to2 years`	`161,309`	`128,111`
`Within2 to5 years`	`41,000`	`40,052`
`After5 years`
	`202,309`	`168,163`

	`£`
`Balanceat31August2021`	`284,953`
`Newcontracts`	`160,671`
`Discounts`	`2,768`
	`448,392`
`Amountsutilisedinpaymentoffess`	`(136,941)`
`Balanceasat31August2022`	`311,451`

	`Fixedassets`
	`and`	`Current`	`Current`	`Longterm`
	`investments`	`assets`	`liabilities`	`liability`	`Total`
	`£`	`£`	`£`	`£`	`£`
`Unrestrictedanddesignatedfunds`	`38,479,475`	`7,372,832`	`(4,893,276)`	`(808,809)`	`40,150,222`
`Restrictedfunds`	`-`	`2,282,550`	`-`	`-`	`2,282,550`
`Permanentendowmentfunds`	`1,307,005`	`-`	`-`	`-`	`1,307,005`
`Expendableendowmentfunds`	`497498`	`-`	`-`	`-`	`497,498`
`Total`	`40,283,978`	`9,655,382`	`(4,893,276)`	`(808,809)`	`44,237,275`
`Analysisofnetassets-`
`previousyear`
	`Fixedassets`
	`and`	`Current`	`Current`	`Longterm`
	`Investments`	`assets`	`liabilities`	`liability`	`Total`
	`£`	`£`	`£`	`£`	`£`
`Unrestrictedanddesignatedfunds`	`39,108,173`	`4,652,477`	`(3,923,143)`	`(750,863)`	`39,086,644`
`Restrictedfunds`	`-`	`2,046,274`	`-`	`-`	`2,046,274`
`Permanentendowmentfund`	`1,547,690`	`-`	`-`	`-`	`1,547,690`
`Expendableendowmentfund`	`558,771`	`-`	`-`	`-`	`558,771`
`Total`	`41,214,633`	`6,698,750`	`(3,923,143)`	`(750,863)`	`43,239,378`

	`Balance2021`	`Income/Gains`	`Expenditure`	`Transfers`	`Balance2022`
	`£`	`£`	`£`	`£`	`£`
`Undesignated`
`GeneralReserves`	`29,161,126`	`26,044,180`	`(24,258,158)`	`(6,999)`	`30,940,149`
`Designated`
`HousingFund`	`68,455`	`-`	`-`	`6,999`	`75,454`
`PensionFund`	`121,580`	`-`	`-`	`-`	`121,580`
`BursaryFund`	`625,744`	`-`	`-`	`13,570`	`639,314`
`OMTAssetFund`	`4,524,750`	`-`	`(189,884)`	`-`	`4,334,866`
`DurrantsFund`	`4,573,283`	`66,830`	`(610,285)`	`-`	`4,029,828`
`FeesInAdvanceScheme`	`11,706`	`185`	`(2,860)`	`-`	`9,031`
	`9,925,518`	`67,015`	`(803,029)`	`20,569`	`9,210,073`
`Total`	`39,086,644`	`26,111,195`	`(25,061,187)`	`13,570`	`40,150,222`

	`Balance2020`	`income/Gains`	`Expenditure`	`Transfers`	`Balance2021`
	`£`	`£`	`£`	`£`	`£`
`Undesignated`
`GeneralReserves`	`27,611,797`	`24,088,678`	`(22,537,475)`	`(1,874)`	`29,161,126`
`Designated`
`HousingFund`	`61,456`	`-`	`-`	`6,999`	`68,455`
`PensionFund`	`121,580`	`-`	`-`	`-`	`121,580`
`BursaryFund`	`603,671`	`22,073`	`-`	`-`	`625,744`
`OMTAssetFund`	`4,714,634`	`-`	`(189,884)`	`-`	`4,524,750`
`DurrantsFund`	`3,906,623`	`676,975`	`(10,315)`	`-`	`4,573,283`
`FeesInAdvance`	`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`

`Analysisofrestrictedfunds`
	`Balance2021`	`Incoming`	`Resources`	`Transfers`	`Balance2022`
		`Resources`	`Expended`
`GeneralDonations` `FurloughIncome`	`£` `116,019` `-`	`£` `278,023` `-`	`£` `(278,413)` `-`	`£` `-` `-`	`£` `115,629` `-`
`DevelopmentFund`	`116,019`	`278,023`	`(278,413)`	`-`	`115,629`
`Bursary` `Sports,arisandschoolcampus` `Capitalprojects`	`842,614` `32,040` `1,055,601`	`209,639` `8,983` `200,016`	`(269,657)` `(6,000)` `(4,798)`	`98,483` `-` `-`	`881,079` `35,023` `1,250,819`
	`1,930,255`	`418,638`	`(280,455)`	`98,483`	`2,166,921`
`Total`	`2,046,274`	`696,661`	`(558,868)`	`98,483`	`2,282,550`

	`Balance2020`	`Incoming`	`Resources`	`Transfers`	`Balance2021`
		`Resources`	`Expended`
`GeneralDonations` `FurloughIncome` `DevelopmentFund`	`£` `292,278` `-` `292,278`	`£` `102,002` `289,322` `391,324`	`£` `(278,261)` `(289,322)` `(567,583)`	`£` `-` `-` `-`	`£` `116,019` `-` `116,019`
`Bursary` `Sports,artsandschoolcampus` `Capitalprojects`	`433,674` `19,261` `55,601`	`544,283` `14,779` `1,000,000`	`(135,343)` `(2,000)` `-`	`-` `-` `-`	`842,614` `32,040` `1,055,601`
	`508,536`	`1,559,062`	`(137,343)`	`-`	`1,930,255`
`Total`	`800,814`	`1,950,386`	`(704,926)`	`-`	`2,046,274`

`Analysisofendowedfunds`	`Balance2021`	`Income/Gains`	`Expenditure`	`Transfers`	`Balance2022`
`DevelopmentFund`	`£`	`£`	`£`	`£`	`£`
`PermanentEndowment` `ExpendableEndowment`	`1,547,690` `558,771`	`-` `-`	`(124,462)` `(65,443)`	`(116,223)` `4,170`	`1,307,005` `497,498`
`Total`	`2,106,461`	`-`	`(189,905)`	`(112,053)`	`1,804,503`
`RefertoNote8 forfurtherinformationregardingtransfers.`
`Analysisofendowedfunds- previousyear`
	`Balance2020`	`Income/Gains`	`Expenditure`	`Transfers`	`Balance2021`
`DevelopmentFund`	`£`	`£`	`£`	`£`	`£`
`PermanentEndowment` `ExpendableEndowment`	`1,224,762` `478,898`	`322,928` `79,873`	`-` `-`	`-` `-`	`1,547,690` `558,771`
`Total`	`1,703,660`	`402,801`	`-`	`:`	`2,106,461`

`18.`	`Reconciliationofnetincometonetcashflowfro`	`moperatingactivi`	`ties`
					`2022`		`2021`
	`Netincomeforthereportingperiod`				`997,896`		`3,694,046`
	`Depreciation`				`1,638,673`		`1,609,206`
	`Losses/(gains)oninvestments`				`912,393`		`(1,002,898)`
	`(Investmentincome)`				`(129,062)`		`(79,112)`
	`Increaseinoperatingcreditorsandaccruals`				`1,019,880`		`216,284`
	`(increase)/decreaseindebtors`				`(353,177)`		`50,625`
	`(increase)/decreaseinstock`				`(82,218)`		`25,919`
	`Netcashflowfromoperatingactivities`				`4,004,385`		`4,513,670`
`19.`	`Netdebtreconciliation`
		`Att` `September` `2021`	`CashFlows`	`cash`	`Oth` `ernon` `changes`		`At31August` `UgUS` `2022`
	`Cashandcashequivalents`
	`Cashatbankandinhand`	`6,321,623`	`2,521,236`			`-`	`8,842,859`
	`Cashatinvestmentmanagers`	`100,624`	`125,429`			`-`	`226,053`
	`Total`	`6,422,247`	`2,646,665`			`-`	`9,068,912`
	`Netdebtreconciliation- previousyear`
		`Att` `September` `2020`	`CashFlows`	`cash` `sn`	`Othernon` `changes` `cnang`		`At31A` `“Soot`	`t`
	`Cashandcashequivalents`
	`Cashatbankandinhand`	`4,748,981`	`1,572,642`			`-`	`6,321,623`
	`Cashatinvestmentmanagers`	`677,465`	`(576,841)`			`-`	`100,624`
		`5,426,446`	`995,801`			`-`	`6,422,247`
	`Loansfallingduewithinoneyear`	`(529,725)`	`529,725`			`-`		`-`
	`Total`	`4,896,721`	`1,525,526`			`-`	`6,422,247`
`20.`	`Pensioncosts`
	`Teachingstaff`
	`TheSchoolparticipatesintheTeachers’PensionScheme(“theTPS”)foritsteachingstaff.The`				`pensionchargefortheyear`
	`includescontributionspayabletotheTPSof£1,967,700(2021:£1,896,104)andattheyear-end`				`£186,080`	`(2021` `-£nil)was`
	`accruedinrespectofcontributionstothisscheme.`

`Comparativeinformation`
	`Unrestricted`			`Permanent`	`2021`
	`Unrestricted` `Funds`	`Designated` `Funds`	`Restricted` `Funds`	`Endowment` `Funds`	`Total` `Funds`
`Notes`
`Incomefrom:` `Charitableactivities`	`£`	`£`	`£`	`£`	`£`
`SchoolFees` `Registration/AdmissionsFees` `Othercharitableactivities`	`23,446,472` `131,813`	`-` `-`	`-` `-`	`-` `-`	`23,446,472` `131,813`
`-Insurance` `-Rentsreceived` `-Governmentgrants` `-Other` `Othertradingactivities`	`8,381` `251,083` `-` `97,872`	`-` `-` `-` `-`	`-` `-` `289,322` `-`	`-` `-` `-` `-`	`8,381` `251,083` `289,322` `97,872`
`DonationfromMTSEL`	`104,075`	`-`	`-`	`-`	`104,075`
`Investments`	`1,797`	`41,198`	`36,117`	`-`	`79,112`
`Donations& legacies`
`Donations` `DevelopmentCampaignIncome` `TotalIncome:`	`-` `47,185` `24,088,678`	`-` `-` `41,198`	`230,353` `1,347,828` `1,903,620`	`-` `10,500` `10,500`	`230,353` `1,405,513` `26,043,996`
`Expenditureon:`
`Raising funds`
`AlumniRelationsandDevelopment` `Investmentmanagement` `Financingcosts`	`190,544` `-` `11,511` `202,055`	`-` `10,315` `4,267` `14,582`	`2,424` `7,710` `-` `10,134`	`-` `-` `-`	`192,968` `18,025` `15,778` `226,771`
`CharitableActivities`
`Schoolandgrantmaking`	`22,335,420`	`189,884`	`694,792`	`-`	`23,220,096`
`Totalexpenditure`	`22,537,475`	`204,466`	`704,926`	`-`	`23,446,867`
`Netincome/(expenditure)before` `investmentgains`	`1,551,203`	`(163,268)`	`1,198,694`	`10,500`	`2,597,129`
`NetAssetsgain/(loss)on` `investments`	`-`	`657,850`	`46,766`	`392,301`	`1,096,917`
`Netincome`	`1,551,203`	`494,582`	`1,245,460`	`402,801`	`3,694,046`
`Transfers`	`(1,874)`	`1,874`	`-`	`-`	`-`
`Netmovementinfunds`	`1,549,329`	`496,456`	`1,245,460`	`402,801`	`3,694,046`
`FundbalancesatAugust2020`	`27,610,493`	`9,430,366`	`800,814`	`1,703,660`	`39,545,333`
`FundbalancesatAugust2021`	`29,159,822`	`9,926,822`	`2,046,274`	`2,106,461`	`43,239,379`