Sr RONAN'S SCHOOL (HAWKHURsr) (COMPANY LIMrrED BY GUARANTEE) REpoKf AND FINANCIAL sTATEMETrS FOR THE YEAR ENDED 31 sr JULY 2021 R•gisl•f•d numb•r. 3419744 Charity numb•i: 1006420 tes Winner iool of the year Saint Ronan's School
St Rgnqn's Sch••l IH4t*khyistl Gvvernon. R•porf th• y•gr •Trd•d 914 JlY 2trI1 CONTENT5 of lh• Finan¢ial Slat?m?nts for lh• Y•ar End•d 31•1 July 2021 Trustea% Officers ond Adv150r5_---_____ Ref•r•n¢• ar Admlnl5trfv8 Informtstk.----. Obl•ds, Public Benefit. Alms and Princlpal ActfvEtles Stru¢lvre, Governonce and Monagèmwt.- Prlndpol Risks and Uncertolnties.. Employment polky...-.-----..-.. Reserves and Golng Concern_ Revlew of Athl•vements ond Perforn)onc•-..-...---..----..--...---............... Flnanclol R•vlew ond Rèsults for the yr....---.----.------..---.................. l O. FUre Plon>.-.-..----...--...----..-............--....---------..--..........--...--.- I l. Stolement of Gov•mors' ReSPs(bIlitIes...--....----..--...-..-..-.....---...-.....-........ 12. Small Companle5 Provlslon.------------...-.-..--...---.--.-..--....---..-..-..--..-- 13. Ind•p•nd•nt Avdlipr's R•port.....---------..-...-.---..----..----.-.-...... 14. Siotement of Flnondol Actfvllles IkKorpDr+)tTng an Inc¢m• and Exp•ndFfvr• Accounll16 15. Bolonce She•t.-..- 17 16. Cash Flow Stul•m•nt_.-- 17. AcctyJntlng Pollcl• 18. Not•S lo th• Flnondal Siot6mrt_ 18 .22
St Romn's School (Hawkhvtsll G•v•rnois' R•port lor lh• y1 •nd•d 311 July 2021 I . TRusfEES. OFFICERS AND ADVISORS The Goyernors of the thorlty. who arè olso the Compony Dlrectors and the Tnte•S of the 5th001, who 50rvod durfng the yeor were: _ Commlllees (see sed11 41 H&SI Dr S P Bthler-Gollle hlB MRCGP Isubbatkal to COVID-191 Prof K Docre U MA PhD WKe-Chulrmon tr C S Langer BSG DlpARCH RIBA, IH8C htrs J Lowe BAIHorn%, C•rt Edl Mr J C B LKOS MA Icantl Mrs G E IAocleay BA (Honsl Elected 21 st Mtsrth 2020 Mr Domlnle Ollver MPhll (Oxcl Mr N Phllll3 MA (Oxonl Mr AJreW Ross BAIH>uI Choirmon Mr B A Sekn BS¢ IEc¢)nl Mr N P Slodd¢n FC& Dc BFP coth0p1 S•pb•r 2020 Mrs E A Worfhlfwon BA PGCE (Oxonl F&GP4 F&GP4 F&GP RS F&GP4 l H•ohh & JrrI)J & G¥1 Pvrpty••4 S EK•AthI OSd•wordkno Ollk•rs <¢urrnntly und ihroughoth th• y•ar) Mr W Trelowny-V•rn¢)n Bsc (Hans) Heodmost•r Mr J Bvd(les Md PGCE, Bsc Bvrsor ond C¢xnpony Secretary until 21 • June 2021 Mr D Ansell BA (Honsl Bvrsor ond C<Mnpony S•erelary from 21 # 2021 Prol•silonal Advisor# haysmaclntyr• LLP, I O Que Sireei Ploc•. Londm EC4R I AG Bank•r•: Allled Irlth 8ank IGBI, 20-22 Morlborough Pl¢¢e, Th• Lanes, B Tlghton, BN I I U$ Sven5ka H0nd•1sbank A8, 7-9 Church Road, Tvnbrldge Wells, TNI I HT Solicitors: Farr?r & Co.. 06 LlrKoln's IM Flelds. London. WC2A 3LH Veale Wosborough VSzards N¢rrow Quay Hws• Narrow (hayi 8rlslol BSI 4QA Principal Addv•4s Salnt Ronun's Sdwl. Wat•r Lan•, Hawklwr#, Kent TNI 8 5DJ W•bsilw.
si Itonan'j School lfrluwkhu Qovwn•ri' Report foi th• y•ar •Ad•d 31d July 2021 2. REFERCNCE AND ADb/llNigfRATIVE INFORMATION Salnt Ronan's sd01 (Hawklwr} Ilhe Sd,) wos f¢)unded in 1883 ond wo5 COnlted as o thorilable companyi limiied by guorontee, on 14 Augu 1997. The Compuny reglstratlon number Is 3419744 and li do•$ not have any shor¢ ¢ophal. The Ilablltty of the Dlreclors 1$ Ilmlted io £1 eoth. The Sdwl is a thorlty and its reglstraiion number isl 066420. The Sthool operates In pr•mis•5 and on land whlth ore leased from Tongswood Estate Llmlted ITELI for whlth It pay5 Tent. The leose requ15 ihe Sch¢ol to moln1a the property ond estote as well as provlding oll the eqviprrent ond fvmilure nec•ssory for the running of the 5th001. TEL Is 11wt sole Trv5to• of Harrls Wlll Tnly l(harlty Thmber 2Tni 91. The Harris Wlll Trust wos fomied uw ihe deoth of o fom*r proprielor501 Heodma5t•r lo provlde Inier glla prgmS5•s ot Waler Lon&, Howklwth as long as the SdK>oI r•molns as o preporotOTy sth00l wlth slmllor olms ond ethos t¢ ot the ilm• of the forni50n of th• Horrls Wlll Trust in 1957. 3. OBJECTS, PUBLIC BENEFIT, AIMS AND PRINCIPAI. ACTIVITIES The Obleel of the Charltoble Componyi In occordonc• wlth hs MomororTrdvm and Artlcl•s of Assoclallon, Is to advanc• th• •dr)N of thlldr•n ut Solnt Ronan's School ond to curry out suth legol adlvlil•s as moy ald In ony woy the •dueailonal alm of th• SdK>oI. In furtheron¢e of thls Obl•d th• Dlrectors, 0$ the ChaTIty Trvst••s, hove compllod wlth the dvty in Sl 7 of Chorltl•s Ad 2011 io have du• r•gord to lh• Chorlty Commlsslon's publlsh•d gen•ral and r¢l¢vunt subs•clor guldance concernlno th• op•rotl¢)n of the Pvbllc Beneflt reqvlr•m•nt Lmder thai Act. Principol Adivity and In¢•m• Sovms Ron¢n's Sthool's prlndpol adlvlty contkwd to b• that of a co-•ducatkoI day ond b¢ardlng sthool f¢r 3 to 13 y•or old thlldrthk The Sthool's prlnclpal sryJrc• of Incom• Is from %hool f••s and th• Sthool hos woltkng Ilsts kn wverol ywr gr+)up& Ethos The SthoDI hos a dlstlnctlve thoracl•r and li Is thls <harrn. thls 91¢, thot people fall h loy• wlth. It Is a fomlly xhool wlth an Infomiol and happy ¢1mosph•r• where stoff ore opproochable ond mvd unromorkable. In o world wh•r• chlldren seem to grow up •v•r foster, Salnt Ronan's provld•5 a hoppy •nvlrorTh•rt for childr•n lo r•noln Iu5t that. W• wont the chlldr•n 1¢ loY xhool, relssh th• opporhmfvles oH•red ond b• InspSr•d to work hord, lo b• klndi gentle, courte$ and hone#. Cor• v•lu•s far Pupils r motto, Flor•ot Soint Ronan's, rn•ans "Let Saknt R¢nan's flourlsh". C•nlrol th15 are th• Sthool's core valve&.. Whot Reolly Malters We ore geIe - w• dan't hjrt ¢)th•rs We ar• klnd ¢nd helplul - w• don'l anybody's fwllngs We Ilsten - w• d.1 thterrupt We ore - we don't ver up Ihe tr4rth We work hord - we don't waste ¢Jvr own lkne or others. W• look ofter PTOP¢rty - w• d¢)n't waste or damoge thing5
St khool IHowkhuNII
0•m1. R•porf lor th• y•01 •hd•d 31d JlY 2021
Ronian Charqd•Ti$ti¢s
In gddition, w• recognis•, rewards and promote these Rmian Charort¢rlstls'
Empathy.- W• put ourselves into tho posltlon of others and iry lo see and feel ihkngs
fr¢m thelr polnt of vlew.
Aworenes&. We moko wre we know whot Is nèeded from us (md how we can be most
helpful to other
P•rseverance: We keep trylng to
$1 Ronts'¥ School Ilknwkhurstl O•v•vn•ii' Rgport forth• yMr •fid•d 3111 July 2021 The &hool olms to shore Its wlde ronge of ocodemlc ieathing and gomes ¢oathing skills with other xhools whlth ore less well provid•d. Unfortwatelyi this I$ not been possible thi5 year due to COVID 19 r•slricli¢)n Solni R¢)nan'5 15 on equol opporlunlty or91$aton and is conYnltt•d to a w¢xkww envlronment thal is free from any fomi of disulrnlnollon the ground5 of colwr, ro¢e, ethnlclty, Tèllgk>n, sex, s•xu¢l orlentotlon or dlsabllliy. Th• Sthool would moke rea50nable odluslments to meet the need5 Qf stoff or pvplls who ore, or become, dbobled. Gronl Making In the yeor ending 31 * July 2021 the School goye lh• followw>g flngndal gUPPOrt to the famlll•s ol children ¢ttw)ding Salnt Ronan'&' Dlscount 14umbér of Puplls _. 19 20121 2019.20 Stanley Harrls Schokrship Means Tested Bursaries Music Scholarshlps Sibling Dlscounts Mllltary 01scour £34,765 £33.351 27 io 18 £131.040 £110,880 £7.071 £8,859 £45,579 £33,7fg) £5,244 £3,6CQ Th• Stonl•y Horrls Scholgr3hlp 15 a meons t•sd qword glYM, w antry, for •xeellence In elihr ocod•mlc oblllty, sport, art or rnuslc. Meons tested awards are d•terniln•d by the sdlarShIP & bursary Svb-Commltt•è IH•admosl•r and Chalrman of Govemorsl followlng an •xamlnotlt)n Of meons ond a Irn• vlslt by on Independent 0sse550r. In the Summer Tem) of 2021 ther• wer• 27 thlldr•n recelvlng suth awards, rM•ndlng th• Sth¢>ol wh•n they wovld oih•rwlse have b¢¢n unobh. In ord•r to preserve ¢tInUIty ol •dclIm, m•ons tested awords moy be gront•d In caws of hardshlp. Fee asslsfanc•, whlth Is fded •rtlrely froffl fee IrKome, occothi•d for 3.14Yo of i Sd)ool's lotol fee Incom•. To wlden pvbllc occ¢ss to the Sthool furthor In coses wher• the Sthool wtss unablè to help flnob)¢lollyi fomlllès w•ro advlsed of other Edvcorfonol Trusts that mlght be oble to help fund Ih¢lr thildren's ¢d011¢n. T•achlng Staff wlth ehlldren ot th• 5th001 olso benefltsd frorn fm support whlch further reduced gross onrnjal fee Income by £258,17912019-21>. £275,951). The iotol 51 of sKh grant maklng by the School wos £48178{2079-21>. £466,4011 In r•duced fee Inc<>me. Porents of all Nvr$ery age thlldren ond a ThMnb¢r of thoge wTth thildren In Receptlon r•c•lv• state old though the Gov•rMient's Egrly Years FTW Enth1nI sd)eme. Volunleer4 The Friends of Soknt Ronan's {FOR, the Sthool's Porents, Assod¢)Ilon) contribu1 £l.193 10 school fwds In the pasi year thr4wgh their fvnd-r0i5ing aclivilies, d•spit* being unable to Tvn thelr typicol cal•ndor of events The Go¥emors wwld Ilke to toke thls opporhmlty to thank oll those parents who g0¥8 so freely of thelr tlme In the poy year. Thelr coniinued wpport is hlghly Yolued.
St Ronan's khooT (Hmvkhuisl) Gov•rnor¥' R•port lof th• •hd•d 3111 2021 4 STRUCTURE. GOVERNANCE AND MANAGEMENT Gov•rning Docum•Thl The Company Is govemgd by Its Memorandurn and Artides of AssOCiQtknk Gov•rnlNJ Body Thtr Trvstee5, who ore olso Ihe Dlroclors for the purposes of c¢4npony law, art os the Governlng Body of the Sdlool and or• r•f•rr•d to as the Govamors. Thèy or• el•ct•d at th• Annval G•nerol Meeting followlng tholr ¢0p¢ by iho Full Boord. Th¢ Cholr L¥f thp Gov•mor$ molntolns a matrlx of dèslrable governor skllls, whkh 15 revlewed al every meetlng. The Cholr Is elecled by lh• Boord ond moy hold offke for up to nlne years. The Chalrs of prlnclpal commlttèès are el¢ct•d annuollyi gnd Inajmberfs moy stand for reaelecllon. Aher o Governor has served 3 conseoJtTv• terms In offic•, they sholl be èllglbla for r6•ledlon only after o y•or has elapsed slnce h• retlred as Govemor, l$S the Board consld•rs It would b• Sn the best Int•rests of the Chorlty for o Gov•mor to be ellgible for r•4ledlon an thdr r•tlr•m•nt for %Kh nL4nb6r of fvrther lenns os th• Boord sholl res0•. G•v•rnor Trolnlng New Govèrnors arè Inducled Into th• wofkknqs of the Sthool, IlUdIng Gov•rnkng B•dy polky and procedures, by th• Head. Bursar gnd, as opproprlot•, other sdN>ol siaff. S¢rne GoY•mors olso look ¢dv¢nloge durin9 lh• yeor of th• OppOrtllY to undèrtok• Irolnlng arrong•d by the As50clailon ol Goyernlng Bodles of Independeni Sthools IAGBISI. Th• Ind•pend¢nt Sthools. Bursars As50clatlon IISBA) and by th• Bourdlng Sth¢)ols' A5$0cFall+ IBSAI. The purpos• of th• iroining IS to k••p Gov•rnors knforn)•d and vpdal•d on currenl Isw•s In th• sedor and regulalory r•qulrem•nt Oryanls•ilonul Monag•m•nt The Go¥ern¢r4 wh¢ Me 05 0 Board three ttmes o Yr, oro legally r•spon51bEe for th• overall anag•m•nt ond contr¢1 of the Sthool. In addltlon, there ore five permonent wb-¢ommltte Cvrriculum, Estat•s. Flnanc• & G•n•r¢l Pvrposes, Saf•guordSng & Postorol Cor• ond Health & S¢f•ty. The c¢mmlfttss are thorged wlth r•¢elvlng report5 frorn the prlnclpal ex•tlY• offlc•rs and •xomlnlng detglled Issve& A range of professl¢nal odvisers ar• r•tained io support th work of th• sthool and the Governlng Body. Addlilonal sub-commlmees ore fomed to dèol whh spedflc Issues e.g. Stholarship & Bursoryl Stoff Remvneiatlon and ExecutlY• Remun*roiiM or areas where spKlollsl 51udl•s are r•qulred. Flnancè and G•n•ral Purpos•s C•mmlii•• IF&GP) nKnltors, •valuat•4 odylws and mokes re¢ommendotlons to Ihe Full Boord on all motters f•loting io lh• flngno5 of tho Sthool. The Commlttee was tholred by Mr JCB Lucas U11 the Full Board meellng on 24th June 2021. when he retired as Choirnion und w05 replac•d by Mr NP Sladden. Curri¢ulum Commlffw monitors, evoluote¥ odvls•s ond rnukes rewmrrwdthions lo th• Full Board on oll motters r•loling lo the learnlng •xporlences and progress of the thildren ot Saint R¢Jnan'& The commlttee Is tholred by Mr N Phillis. Estat•s Commllle• monitors, evoluales, advls•s ond makes rectynmendatlons to Ihe Full Board all matters r•lolkng to the Sth001'5 250 acre estote. th• physlcal •nvlronment aspects of th• Development Plon (d ih• rnanitorlng of building proje¢l> The C¢)mrnlttee 15 chalred by Mr S Longer.
St Xonun's School {Hawkhu 001. R•port F•r th• y•ai •Trd•d 31 Juty 2021 H•allh und Saf•ty Comrnill•• monltors, evoluotes, od¥15e5 and makes recominendatk>n5 lo the Full Boord on all mutters reloling to the heolth ond safety of the thlldren and stoff ot Sairt Ronon'> T Commlttee is thaired by Dr S BUtr-GOI110. Suf•guordlng and Pasloval Car• Commilt•• monhors, advise ond m(es reports and r•¢ommendgtions to the Full Board and Heodm05ter, on matters relutlng to tho protecilw, sofety and well-belng of d)lldren at Salnt R¢)nun'> The Commlttee Is thalred by Mrs G Ma¢Ly. All •p•rallng pdldes or• r{nelY examlned ond ¢¥Mnd•d Wre approprlthe. The day lo day rvnn5no of the School Is dele9ated io the Headmastr, WPport by the &ursar and other m•mbers of th& S•nior Manag•m•nt Teorn. Rernunerotlon Is set by the Board, wlth the pollcy oblectlY• of retoining stoff ond •nsuring approprlate Inc•ntiv•s lo encsjuroge enhanced performonce ond In o folr and responslble manner, rewordlng tor Indlvldvol ¢trIbutIOnS to thè Sd1,$ success. R¢munerotlon policy Is revlewed onnuolly Includlng r•fer•nc• to benthrnO1rt9 provided by kndependont Sthool AssocIatl$ to •nsur• thut Solnt R¢nan's r•mokns s•nshl¥• lo tho broader Issue5 of pay and employm•nt cendltlMs elsewhere. Gr•up Strudur• and r•lthionships Salni Ronan's Sthool IHuwkhur51) Is Ilmli•d by quaran1•• and Is o r•gtsler•d chorfty. sal R¢nan's Is tsn actlye m•mb•r of th• Ind•P•ndl Assoclotl¢)n of Preporatory Sthools IIAPSI, th¢ Ind•p•nd•nt School'5 Bur5ars' As50doilon IISBA) and the Asso¢lotl¢n of Go¥ernlng Sodles of Independent Sthools IAGBISI which are ccffjstlluents of th• Independ•nt Sclts)ls Council IISCI. It 1$ olso o membér of the Boordlng Sthools Assoclotf¢n IBSAI. Thèsè orgonlsthlons •xlst lo promot• and molntuln hlgh 5tandord$ 9•n•rolly kn Tnd•p•ndw)t educotlon. Th• Sthool beneflts Irom the g•n•ros1ty of a thrfvlng Par•nts' AS10110 whose clow support w• greotly uppr•¢lot• and 9lqdly +xknowl•d9•. 5. PRINCIPAL RISKS AND UNCERTAif%rriES Th• School's adlvltles ore k•pl wd•T regular r•vl•w by Gov•rnors and Senior Monogem•nt, and att•ntlon Is glven to any rlths whlth moy arls•. Rlsks are dlscvssed ond steps taken to mlnlmls¢ occvrr¢nc• ond pot•nllol Impad on the cortlnued Succe of the Sthool. Th• prhclpal risks Id•ntlfled orth Th• ongolng •ffed of the COVIDI 9 Pand•mk FolkJr• to d•lfv•r th• Sth¢ol's stoted olms Foilvre to ullrad and T•laln hlgh quolity stoff The mov•m•nt of thildr•n to locol Gramrnar Sdw15 wlth th• reductw In entry age fr¢m 13 y•ors to I l y•ars. F¢llvre to comply with Charlty Cornmlylon or Independent Sch¢x+l requlrem•nts Risk of cyber-allack on IT sy51ems and dala and the Poten[ of finon¢ial fraud Cotustrophlc events whkh ¢ovld couse slgnrfl¢ani domage to th• Sdlool's pr•mls•s. Induding* for inston¢e. f lood or fire Personal H•alth ond S¢f•ty risks, 9Jth us ts molor accld•rt knvolvkng the Sthoofs pvplls ¢nd/or stuff Increaslng costs of Teothers. Penslons Contrll)urfons Decline in pupil nlvnbers
St Ronon's Sch•o1 IHawkhut%t}
Gov•mors' Rep•rt for the yeqr ended 31& Juty 2021
The most signifieanl potential rlsk h o dedinè in pupil rAxnb•rL Thls may be coused by ony
ccmbinotion of a fall In tho nlvnber of thlldren ottending Independent Preporolory Schcols, due
lo motters of parenial offordablllty, ¢
51 R•hun's S¢hts¢l IHtswkhursll Oovginors. Ort lor lh• y•ar •nd•d g1 Jy 8. REVIEW OFACHIEVEMENTS AND PERFORMANCE Pand•mi¢ COV117 tr. The Sd1 has had io odopt ¢antlY durlng Ihe y•or to the thanglng threot and the occomponykng guidance updales from th• Gov•nent and DfE. Thls brought abovl mony changes lo th• opwollonal Iromewoth and praclices the School •mploy•d. As on eady r•5p(¥ lo the pondemlc In 2020. th• Sth¢¥ol •Kreosed hygiene awareness for both Puplls und Staff and introduced Improvem¢nts to hundwgshlng and 5anlt15atlon facllltles. Enhon¢d cl•onlng reglme5 were molntoln•d, especlally to touth polnt> These meosures proved hlghly Successful In Ilmltlng the nwnber of COVID-19 coses. Despite the second national lod(down on 5th Novèmber 2020, in line wlth nollonol polky, th• SdKK>I remalned op•n to all puplls and th• bubble system was mainlaln•d. Solnt Ronon's closed for o second tim• ¢Jn 8th JarKrY 2021 durlng th• thlrd Notknal Lod(down ond mov•d boc io o c<xnpreh•nslv• Mlh)e dlslance leamlng model. However, Ihe school remalned op•n to Kèy Worker chlldren 0$ before, os well os operuilng the Nursery. A hybrld model of hom•-workin9 ond In-sthool i•athlng was udopt•d, Olg wlth the introducllon of ¢)n- slts Lotergl Flow T•sllng. Furlough ond flex-furlwh mod•ls w•r• r•odopt•d From the Sth¢xI's reopenkng on 8th Morth 2021, oll Natlonol guld•lin•s wer• follow•d, ond th• S¢h4)ol hos op•rated sof•ly wlthln tho permltknl framewot, whllst •nd•ov¢vrlng to off•r th• most enrkhlng currkvlum posslbl•. This wa5 fvrther •nobled by the ¢o$lng Of re$lrldlons vla the Govènwnent's COVID Rood Mop dvthg th• wmm•r month Thr¢yJghovt lh• p•rlod Gov•mors and SMT met reqvlorly. Rlth gs%esvn•nts w•r• drawn vp und revlewed wlth •xt•nslve ond thorovgh m•owr•s knpI•M•ni to make Salnt Ronan's a COVID Secur• workpl0. Op•ffjti•MI P•rf•Mn<• d th• S¢hool As extroordlnaTy os the COVID tholleng• hos b••n. th• y•ar hos been fvll of posltlv• r•sults acr¢)ss o brood spettrum of SdK>ol IFfe. Seventy thlldr•n lèft the S&thl ond secvred ploc•5 10 twentyryone dlff•rent s•nlor schools, omomlng twenty*ight 5tholar5hlp& Hlqhllghts Includ•d slwnlng ABRSM results by the mvslclarn ond the stortllngly good virluul concerts ih•y gave USI Year 3 prodv¢•d ih¢lr hllorSous Roald L)ahl playlets s•v•ral rykket t•oms hod unb•aten 5¢gson4 In¢ludlng th• boys, l st Xl. As with th• prev5¢M year, a greal number of r•gvlar •v•nts and enrlthment odlYTlles were unable to l¢ke place In the vsual way. Vlhere poss5ble, events wer• h•ld onllne or slr•om•d. Despite this, the school hos contlnved to offer the best •dvcationol experlence In i ¢lr¢vmst¢n¢es, ond thls wa5 fvrther supported by the Sd1.$ •x¢ellent dlghol provlslon. Pupll number$ grew dvring the year ond the Sd1 closed the year wtth record Thjmbers, valldotlng the opproath ihe School hos odopled ond yeS U5 confident thai the Sthool Is In on •x¢•llent pla. Thè klng ¢)n the ctskè was to be rewnlsed 0$ the 'Prep Sthcd of the Year. by the TES. We werè Immènsely proud to hove cafrl•d off lh• 'doubl•' of th• gold stondard owords - the TES In 2021 and th• Tder In 2018. Thè Governors wish to thank the Headmoyer ond all fly thelr incredible effort dvring the year, and the puplls and por•nls for the woy they hu¥• sWpp0rt thè Sthool thr¢)ugh thls turbulent perlod. io
$1 Rohun's khool IHuwkhvThll Gov•rrt•t4' fi•port fw th• i •nd•d 3111 J 9. FINANC.IAL REVIWI AND RESUI_TS FOR THF YEAR In response to the COVID Lod(down the Sdwl redd Pr¢-Prep ond Prep Sd1 fee5 by 12.5P/o for the Sprfng Temi. The Sthool wos olso w)oble to generote Income through Its onclllary ortivities ortd boording. This re9Jlted in o signifi¢ont foll in in¢ome far th• Spring Torn1. C¥¢1$1y the d¢sure of Ihe Sth¢ol slte rewhed kn reduced operatkng costs and the Job Retenrlon Sdwne granl alk+wed the School furlough 51 Staff. Some copltol proletts w•re olsts deferred ond ore likely k> be completed Ihe forthctyning finurKlol y•or. These actlons restrkled the lknonclal pa5n of the SnMer terni and enabled the Sthool io gen•rote on operoting surplus lofter depreootionl of £1 16,084 for the fvll year to 31 July 2021. Thls wrplus was dve to the corefvl montsglng of operath)g costs, a reductlon In the plonned copltol spend ond £129,915 re¢elved In Coronoylrvs Job RetentlM Stheme gront. Durlng the tours• of the &mmer Ténn tho SdK>ol offered forbeor¢ce io a rnJmber of porents whose Tncome hod been dlsrupted due to the pondemL Thls rewlted In o modest In¢r•aw In fo0 d¢btors ol y•or •nd, mosl of whkh Is d•wn•d r•cov•r¢bl•. How•v•r, toklng thls und th? dlfflcult econom1¢ wilook Into accourrt. hos r•suli•d In an kncr•os• In th• bad d•bt prov1510n. Salni Ronan's Sthool also had o $1gnlflconl Impod ¢)n th• locol economy. As m•awr•d by th• Ind•p•nd•nt Sth¢¢ls' Cwdl E¢onomk knp¢xt T¢)ol th• Sthooli Support•d 210 lobs both wiihkn th• SdMxI ond In th• SdM>ofs supply choln G•n•rot•d £1.4 mllllon of lox paym•nts kn Ihe Exth•quer FUTURE PLANS Th• School hos now udopted the 2021-26 Dovelopment Pla whld) has f)vr moln targ•l ar•os whlth cover •v•ry ospe¢l ¢f the 5thoofs ¢peiotions: Enwrlng C¢ntlnu•d Regulolory c¢Anpl1a• Promotlng Ex¢olleni Pupll Achlo¥•ment Promotlng Ex¢ellent Pvpll P•r50nol D•v•lopm•nl Promotlng Excellent E¢onomlc Health Improvements hav• been Identified by the Sthod'5 monogement tegm f¢r •uth of the targ•t ureas and actlons *eded for Impro¥•m•ni do¢wnenl•d. Progr•ss towards eoth igrget Is reylewed regularly and on arnwJol report mode Governork Hlghlights of t development plan Include. Cothlnved dev•lopment of th• Sthool's Postoral Cor• syslem To embed fvrther menial health oworeness Into the Sth¢)ofs oJrrkUM To contlnve to Improve ond molnloln the very hlgh stondard of teothSng thrwghout th• School Further Improve Ilnks wlth lo¢ol trote sthools ond c<#nmunlty Contlnv• to develop the School's IT provlsSon Rèfvrblshlng thè Stablè Block to provlde 4 sroi•-of-the-Ort loboratorles Fvrther Improvements of Sthool Fomi Improvemenls lo the Boardlng Provision The construclion of o new dining roryn
$111onon's School Ol•wkh¥rs1
Q•v•rn•rn' R•p•rt hr th• y•#r •Thd•d 31 2trJl
STATEMENT or GOVF.qNORS' RESPONSIBILITIIS
Th• Gov•mors ar• r•sp¢Nble for pr•parlng the Gov•rnors Report and the finorKlal
slal•ments In occordance wlth opplicoble low ond United Klngdom Accounrfng Stondard$
(Unlt•d Klngd¢)m Gen•rally Aeceptsd Acc
Sl Sch•ol {MaTAhw4t} qt•m•rd •f Flnu1#1 Adlvrfiw hr th• y•or wd•d 3111 July 2021 13. INDEPENDE AuDOR's REPORT Opinion We have audlted th• Ilnonclal Statts of St Ronan's Sdool (Howkhurstl for the year ended 31 July 2021 whlch conpr15e the Stolernenl of Flnondol AcllvltSs. th¢ Bolance Sheets, the Cash Flow Stolemenl and not•s t¢ the flnandal aternet, 5n&dlng a sunynary of s1gn5fScont at£rting policie& The flnonclol r¢porttnq frumework thot has been opplied in their Preparati Is tspplltabl• law and Unit Klngdom Accounting Standords, Induding Pinandol ReptyHng Stondord 102 The Finoncrol Reporling StO+Kkwd aFplito61• in Ihtr UK ornl Rem1¢ of lrnlond Iunlted Khwd¢m Generally Acc•pi•d Accountlng Pradicel. In our oplnl¢n, th• flngrKlal ateMents$ glve a true ond lolr Yl•w ot th• stut• of th• thorflable c¢mpany's offalr$ 0$ ¢1 31 July 2021 and ol the thorliobl• cpanY'S n•t mgvemenl In fvnds, Indvdlng lh• Ine(xn• and •xp•nditvr•, f¢r the yeor then ended: hove been properly pr•por•d In occordance whh UnSt•d Klngd¢yn G•nerally Accepied Accourtlnq Practiu; ond I¥? been pr•por•d In <K¢ordoK• wlth th? r•qulrwn•nts th• Crynponle5 Ad 20¢)0. Basis f•r oplnl•n In oudltlng th• flnandal skntem•nts, we hov• ¢<mdud•d that th• trurt••5' use of th• golng ¢<¢•M bails of accotInG In the preparorfon of the fbn¢701 statements Is approprlot•. Based th• work w• hov• p•rfomwd, we hav• not 1d•nrffI ony matsrfol LvK•rtalntl•s r•lotlng to e¥%ryllts or condltlms thot, Indl¥ldvolly ¢r ctsllètllvdy• rnQy Cost slgnificont doubt on th• ¢horltuble company's ablllty to contlnve os a gOtn9 con¢•m for u perlod of ot lea h¥¢lv¢ months frtyn wh•n th• flnon¢l¢l stotsments are avthorlsed for issw. Our r•sponslblllll•s and the re5pon51blntkn of th• trugle•s wlth r•sp•d to g¢lng colM are descrfbed In the r¢levont sedl)ns of thls r•w. Concluslons r•lotlng lo golng cO•M We COndted 4>Jr audlt in occordtsn¢e wlth Internailonal Siandords ¢)n Audlilng IUKI IISAS IUKII and opplirgble low. Our r•sponslb51111•s und•r those andardS are furth•r desulbed In the Avdlior. rosp¢nslbllSrfes for the audlt of th• flnon¢lul #ulemenls sedlon of tyjr report. Wt gre Independent of the Chority In accordance w5th the ethicol reqvlrem•nts or• r•lev¢nt lo our ovdlt of the flnonclol stgtemenls In th• UK, indvdkng the FRC'S Ethicol Stondord, ond we have fvlfllled ¢)vr Ciher ethlcal responslbllbll•s in o£¢ardance wlth these reqvlrem•nts. W• b¢llov• thai the audit evldence we hav& obtolned Is sufflci•ni ond tspproprlate to proYSde a bu5 lor ¢)w ¢)pinl¢xk Other infom)ali•n The trustees are re$ponsibl• for the other Informollo The other Infomatlon cPrISeS the Informatlon Indvded In th• Gov•mors' Roport. Ow oplnlon on the flnondal slat¢m¢nts dots not ¢o¥er the other Infomotlon ond, excépt to the extent othrwlse expllcitly staled in ovr report, we do nc+l express any torm of ossuronc• condusion there. In connectlon wlth our oudit of the flnorKlol statemen14 ¢>Jr r•spI1b1ItyIS lo r•ad the otrr Inlomiatlc and, in doing $0, wnyder whether the 1)trr inlonnotlon 15 materlalSy innsISteR1 wlth the finonclol Statements or ovr knowledge obtulned in the oudrt or oth•rwise oppeur5 be moterlally mlsstuted. If we Identify suth materlol InconsT5Ie$ or appor¢nt muteriol mi5Stotements, we are Yequlred to
R•n•th'¥ IHqw&hvrn•) St4hrn•nt 4 FInal• A¢tlvlll•s l•v th• y•w•nd•d 31 July 2ty21 determlne whether there is a materlal mlsslot•ment Tn the ftnanclal stotwents or o motorlal mlsstol•m•nt of the other Infannallon. If, b¢s¢d w the work we hav• perfomd, we Ctxlude that ere Is o mot¢riol m155tatwnent of thls other In14)motion. we are reqvlred to rewt thot fo¢t. We hpve n•thlty report In this regord. Opini•ns on oth•r matt•rs pMs¢rib•d by ih• Compan1 A¢t 2006 In •plftlon, based on work d•rt¢k•n In the course ol the ¢vdlti the inforniation giv•n In th• G(w•rnors' R•port Iwhkh IbKlvd•s th• dlrectors, r•port prepared for the purposes of ¢thnpony lowl for the finond¢l y¢or lor whlth th• Ilnonclal stotements or• prepared Ss conslst¢nt wlih thé flnandol statemertts; and thè dlfeclors, r•part i)ded wlthln th? Governo. R•pJrt ha¥• b•en prepored In a¢cardan¢• wlih applkabl• l•gul requlr•menl Mott•rs On whi¢h w• r•qvlr•d t• rnp•rt by •x¢•pli•n In the 1Sght ol ih• ktK>whdg• and understandlng of th• tharltabl• compony and Its •nv5ronment obtoln•d In th• ¢our50 of the audil, we hove not Idwimled nthrfol mlsslat•mthfft In th• Governors, R•port Iwhlth Incorporat•s th• dlr•ttafs' rewtl. W• have nhkng lo report In r•spe¢t of th• followlng matt•rs In relotiM to whlch th Companl•s Act 2¢)06 reqv5res us to rtsport io yov If, In our oplnlon: adequote accountkng r•¢¢rds have not been k•pi by th• tharltabl• c¢rnpanyj or the thoritobl• comp¢ny flnanclol statem•nts or• not In aqreemenl wlth the aCColIng r•wrds and r¢tums,' or c•rtaln dlscloyJr•> of trustrew, r•OIsOn sp•dfl•d by law ai• not mad•; or we hove nol r•¢dv•d oll the 5nformollon and •xplonotlM5 we r4ulr• lor our audit., or th• truslees w•r• rK>t entitled to prepore th• flnun¢l¢l ot•n•nts In accordonce wlth thè small cnpaleS, r•glm• gnd fvke advanlag• of th• smull ¢ompanl•s' exer11¢n$ In preparlng th• trust••s' r•wt and trcqn th• requlromenl to pr•por• a sfrat•gk r•port. R•ip•nsibiliti•• of Tvvst••s for th• flnantlal •M•nI% As explalned mor• fully In the G¢v•rnors' respOnbIll•S stol•nwt i•t ¢)n pag• 12, th• GoY•mors (who ore olso the Dlre¢tors of the tharltabl• compony fow the purposes of company lawl ar• resp)nslbl• for th preporatlon of the flnondol stalInts ond lor belng sotisfl•d thoi they glv• a true and falr vl•w, ond for suth Internol contrd 03 the trustees detemilne Is n•c•ssory to •nuble the preparail¢)n of flnondul statements are fr•• from moterlol m1sstal•mt, whethar due to froud or error. In pr•parSng the flnondol slalemenls, the Trustees a re5pcffjslble for assessing the thoritoble Compony's obillty to corrtlnve os o gokng etsKern. dlxloslng as applicoble. mgtters relgled to golng coneem and uslng the goin9 concern bgsi5 of OC¢ting 1•$$ th• Trv5toes elther Intend io Ilqulduta the chorliable Compony or Io c•o5e operat5on4 ¢r ho¥¢ no r•¢llrf¢ ulternctlve to do so. Audilor's Msponsibililies for lh• qvdil of lh• financial skntem•nls Our obleol¥es ore to obioln reos¢nable ossvrarKe abo whether the flnontiol statèments gs o whole are free from muteriol mlsslotem•nt, wh•ther due to fraud or error, and to ISSVO on oudltor's report that iwKludes our oplnl<m. Reas¢nobl a55urunce Is u hlgh level of aswron¢e, but Is not Q guarantee thgt on audii conducted In attordonce wlth ISAS IUKI will always detrfi o muterlol mlsstatement when It axlsts. Mlsstoi¢m15 con arfse from fraud or èrror ond ore consldered mtsterlol If, individually or In 14
Slot•m•nl d Flnwvlal Ath¥1•$ hrth• y•ar •hd•d 314 J¥ly 2021
th• opgregole. they could reas¢blY be expected ts hffluence the •ryXK>mk ded51on5 of users toke
on the bosis of th•sa Rnondal Outerr
Irrequl¢rltl¢s, Indudlng fraud, ore Instar+ces of non<¢)mpllonce with laws and regvlalSon& We deslg
pro¢dur•s In Ilne with ovr reswstbllllles, autllned obove, to detect moterlol missttslements in resped
of Irregularitie4 includlng froud. The exlenl to which our proc•dur•s are copoble of detIng
Irregulcriiles, iKludkng Irovd Is detailed below.
Bosed on our und•rstondlng ol th• tharhoblt cfxnpony ond the envlrcfflment In whlth It op•rot•s, w•
5dentlfled that the princlpal rSsks of non-tompfionce with lows ond regulotlons r¢loted to th• r•gulutory
réqu1reffts of the Charlty ConnSsslan ond tlw Independent Sthools Inspedoral•, and w• ¢onslder•d
th• extenl t¢ whlch non-compllonce mSght hove a muterfol effect on the flnanclol Statemt> We 0150
e¢nsld•red thosè lows and r•gulorfons thot have a dlr•cl Imptsct preporatlon of the flnonc501
%tal¢m•nts suth tss th• Crynponles kn 2006. Thurltlw Acl 2011, and poyroll taxe
W¢ •volu¢t•d manogemenl's ItKentlves and ¢>pp(xlwth f¢r fraudul•nt manlpLIoOn of th• fSnunclol
statements lilUdIng th• rfsk ol ovèrrld¢ of ¢•r0151, and deterniln•d Ih¢t th• prlndpol rlsks w•r•
reloted to In approprlot• l¢urnol •ntrles and management blos In mokln9 uccountlng •Stlrnates. Avdlt
procedur•s p•rfom)•d by th• •ngagement team Incd•d,
InsptttSng corr•spMd•nc• wlth regulators ajxl tox ¢¥thwltlw;
DI$$TOn$ wlth monogement Includlng ¢£s1d•f¢tity1 of known or wspecl In51ances of non-
¢ompllon¢• wlth lows cnd regulatlon and fravd;
Rtrvl•wlng mlnules of Go¥errors' m••llngs In th• y•or;
Evaluatlng nn0¥Irn1's controls dedgned to pr•¥•nt ond d•t•¢t Irr•gdarlrf•s,"
Id•nillylng ond testlnq Iwrnols, In portl+%lur l¢wrnol enlrles posled wlth LY•Jsuol aCCot
¢¢mblnoiSons• POStlngs by unusual us•rs or wlth unvsvol descrlptions". and
Challen9lng 05wmptl)ns and ludg¢m•nts mod• by monagement In thelr ulrfcal O¢CoLtIng
•stlmot•&
A fvrther de5crlplon of our r•sp¢bIlllle% tor the audlt of th• flnon¢iol #olents Is l¢¢utsd M th•
Flnondol Reportlng Comdl's w•bslt• ot.•
. Thls descrlprf¢n foms
part of our oudltor's r•p•rt.
Use of oui Report
Th15 reporl Is made solely to the thuriloble <1P0Y's member5, as o body. in
St R•nqn'i S¢h•ol IH¥wkhvr¥ll ol FinarK5ol Adl¥lN Iw th• ywr •ftd•d 314 JY 2021 14. STATEMENT OF FINANCIAL AcTJvrriES (INCORPORATING AN INCOME AND EXPENDITURE AccouNT) T•1 IR•ikt•dl 2021 IMCOME PIOM.. DoMloffl6 afftd Granls Olh•rtrqdln9 a<tlvtH 155.052 364A64 7.955 7,955 eh35 6J26392 168.989 6320.792 168.989 &997.661 X2h40 Ar<#knry Irodkng TOTAL 7P58388 7A)58.788 4573.300 Exp0[1¢ Ol* 78.272 78,272 97A42 CholllD• •xp•ndllw• 6A64M32 4236,3V2 TOTAL 941704 6.942,704 34,034 T MOVlhlW4T IN FUNDS 116.CQ4 239,260 192627 1.920 1928.253 3.688.987 16 lo417 1,926 3,928,253 Th• att•fflponylng lorm w of th•t• 16
51 R•naTr'i S¢hod Illllwhhursl) al•nt• Sh•d a5 ai 31 J¥ly 2021 Conwny ngislrnlion nufftb•p 03419744 15. BALANCE SHE 2020 N• FIXED ASSETS Tongiblo flxed ass•ts 4.495,321 4A+79f18 CURRENT ASSETS Sto& Debtory Cgsh o bor& htyd 13A87 525,170 1.067,284 30A81 365,871 719.191 Ih05,84l 1.115.543 CRIOITORSI follkv du• wlthkn y•ar 11,109.9111 19S3ts281 NET CURRE14T ASSETS 495.930 162J)15 TOTAL ASSEfs LESS CURRENT UAIIUT 4.991.251 447,793 CREDITORSI oftsr mr• y•or 1946,9141 1913,5401 NIT Asseys 41J44,337 3,928,253 FUNDS Uni•strkn•d Iwth R•iffio•d hNbd¥ 4421 I 1.926 3,926.327 1,926 TOTAL FUP 76 4.044,337 3,928,253 Th•i• knaOI b••n pr•pgr•d In 11¢¢ordiYK• wlth th• oppll¢gbl• to cory>onles subl•tt to th• smtsll componl•s' r•g1m. Approv•d by tt• tsoord o¥tknls•d frr 15yJ• on l>•cwnb•r 2021 ¢# Iqn•d b•hO byi Mr N P Sludd•n Governor ond chorrm of th• Ilhort• tsrKI Ge1?101 Prys•s Th o¢¢Mp¢mTrg rth f4xm port ol the* 17
SI f¢•nan'i kh1 (Hqwkhurstl C•th Fl•w i•rth• y•ur thd•d 31 * J¥ly 2021 16. CASH FLOW sfATEME Cash fl•ws •p•vqllftg •¢llvlN•&' (A) 566.101 499A85 Cash Ilows fvom InV•iN• atllvlll•k" Paym•ths for lon9lbk• Ax•d 1255207i 11.196A481 1255.207) 11,196,44BI %Kreasè In borrgwkbgi knt•re51 payabk• 48,163 110,9641 42370 112.3701 37.199 412200 ong• h cosh ond $h •qulvol•nts bl th• r•p p•vlod 348m3 1285h631 réportlng p•rlod 719.191 I.Cw54 Coth cath •tylYol•nts ot of lh• r•porttr p•rlod I7.284 719,191 A. A•e•nd15oltgn •1 n•1 T•• t• n•t n•w n0 ¥111 2020 N•1 in¢om• loith• mpotrllbw p•rf l•$ p•r lh• stal•m•rt •1 flD•ftdo1 a¢llvlll•¢) Adlu•lm•nli lor. D•pr•clatlon dbor9•5 Inl•r• poyab DKr•ow/lIreOst1 h S&$ Ilncreow)/deu•0 In d•blory Dw•o5• kn er•diiors 34&84 239,200 439A64 10,964 17x194 1159,2991 1688061 422N90 12.370 14.4181 45.9x4 1216.0971 Msh prwld•d by •p#lkn• •divllS• 506,101 499585 Anolyili 0qv11•fits 2020 Cash In hond l J)67284 719.191 Tot41 tsnd •4¥lvql•n 1,067284 719,191
&i¢¢•¥thllh• P•ll¢lM f•rth• y•ai •nd•d 31 July 2021
17. ACCOUrING POLICIES
BAS15 OF PREPAAATIOM
Tho finorKlol Siolements hove beeTr prepor•d kn EXLordowi wlth tt• F(101 R•porihg Stondord opp1k0b kn thè VK
ond R•pubnc of Ir•lund IFRSI 021. Cwanie5 Att 2006 oThd th Stot¢w of Recorrmwded Protsict upplkuble io
thorlllès prepadty iklr I)ccts In orrord(y• thh th• Fknrwlol P•portlg Stondoid opp11cob In thé UK gnd RpubM
of Ir•lond IfR5 1021 l>J Edihonl.
Tho lunthl¢)thul OJrr•Y ol Sdml Is (•rAl¢lw•d tv b• GBP b•¢tho• ¥Jrr•y prfrnury
•nvlronThl In whlth S(knol •p•r¢rto
Sdthl Is o Pubk 8•n•fft r•gSMw•d drIty h Erylond •nd Wol•s ohd a tampttny Ilmhd by
Icompany wrb•fi 03419744 ond 1060420
Ttr• finanelal #•t•meA#S ar• pr•p4r•d WKl•r th• hl#ovkol cost
GOING CONCERN
Th• GoV•Thr$ monog• thè r•5•r¥v of sd OTr bgils ond r•¥l•w ovolloblty Of eash
mtsnogrrenl oc(QLrt ond r•g¥hr coth flow fwecojts pr•parod by knor. FlnorKlgl Budg•ts und lore(oss hove l)ee
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IXPENDITURE
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OPERATIMG IEASES
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N•l•i ts lh• Flnonchl 9#1•rt th• y••t•nd•d 31d Jyly W21 18. NOTES TO THE FINANCIAL sfATEMENrs DONAlloNS INCOMI r¢•thS¢hd Toknl 2021 25.137 129,915 25,137 129,915 Appeols Totsl 155.052 155XJ52 DONAIIONS IMCOMI- PAIOR YIAIE R•lrf¢hd F¥nd T•1 2020 Fund• 106,030 250.287 150 8.097 114,127 250,287 150 App•o11 T•1 350A07 8,¢)97 364A64 Ffft RICIIVABL Unw•strkhd Unr•thl¢l• lynds luTrd• 2021 2010 Grw% f5 Le5>s Bvrsuvles Sth•lurthlps Sblkng dlxountS ¢rff dIstow$ Sp•clol dlxoLmts 7.18lJ94 1131,0401 17x1711 145A791 1258,1791 113,1331 6A64,062 1143,0661 18,8591 1337601 1275,9511 141651 T•t•l l••$ •1VAl)I 6126J92 5,997A61 Stofl 4Is¢wts ond w•r• oword•d k¥ 22 ond 321202th 23 321 kndMdLKls r•WlY•ly dvrlty the y•ar. AMaLIARY TRADIMG AlI1rY trodkw Irrtom• and costs r•lot• lo proYlthx of •xtro4wrfoJlor f•w Insw¢YK• ond reylslrotltyn f lunds fund 2020 2021 Sale of extros Fqe5 Insuronc• R•gistratis)m f••$ Mixellur•us 165374 2,618 3,340 12,7431 179353 3,904 2J50 16A33 168,989 202h40 22
Si Ronqn'i kho•l IH•wkhuNII Not•s t• th• Fh¥kn¢l•l 5t•l•m•h th• y••t•nd•d 31" 2021 LXPENDIIURE Chuthoble •xpondlbfft Opfrrothw l•0 rertals . offe - pl•fft ond rnathhwry 25.200 80,998 194J60 439k64 18A20 12,600 34,930 194.760 422,889 17,280 STAFF COSTS 2021 2020 Wu9w ond solarles &¥dul P•Mlon 393,361 363185 641230 3.393,961 319.971 583,024 4298.376 4,296,956 •wio•• Nmb•r ol •IloY0•S Ih y1 wtr T•pthng- FLdl 11 - Port tkn• DOW1( lThclvdlrwJ qrowdi WK>lr•n0• Admln151rgtl¢n 58 27 31 60 23 15 129 2020 £60.00i - £70.CrfJO £70,fy)1 - £80MOO £80.001 - £goL) £g0.001 - £1 OOPJO £120ml _ £130mO £130ml - £140AY) Th• Chorlty mok•s torrlb&iions lo vorious p•nsN)n sdmts The as5•t5 of ¥th•fflw or? h?Id svporottly from ihos• of th9 Chgrlty In kndp•nd•Mly gdwkasi•r•d fuDds. Tr p•n%lon costs thor9• r•prWertstorrlbuN8 poyobl• by th• Chtsrtty to thè fund5 and a0d to £641.2301202th £583,024). No GoY•r1K r•r•Sv•d any •mokArnrt5 •lrtw p•rk¥d. Gov•rnor5' •XP•r rdmburwd ITr ts p•rkd 01 £nl1202& £nill K•y Mono9•rr•M Pwsomd w•r• puld on 09gr•9w• r•rrwwaiion •f £649.02512Q2th £803.6681. 23
Si R•non's Sch•ol (Howkh1} N•i•s ts th• Flnanclal lh• •fid•d 31 lY 2VII ANALYSIS OF TOTAI EXPBIDrruRE Tolol •sl¥ Cost ol ra151n9 fundsj t05ts Irpe 71 Charltobl• Tètsthkng costs W•ltur• c Pr•rnls•s cosfs 78272 78.272 3A49J93 68.467 380.316 800200 28&J27 518.228 450060 470zn 3235.920 586195 1.181,233 1.360J84 35057 89.607 Suppon e•sts (r 81 Tol•l •xp•hdtfvM 498.370 43964 I.80404 6.942Z04 ANALYSIS OF T07AL EXPfNDITURI- PRIOR YeAR T•tul 2020 Cott of rolsln9 knd Hnur£• costs Irtofe Tl charhub T•othlthg tOs15 W•llore eom Prtmt5•S CO &JppJn tolts Irth 81 9742 P7.642 3.347A85 254.1 $3 380,952 504852 370,990 3hQlA•38 380.952 1.246I13 I 06.98? 422283 527.188 320P78 102011 T•hl •xp•ndlt¥rn 4.296.950 422189 IAJ14.189 0.23434 All iupp•rt costs r•l•M OttlvlPy of rLThlnq th• #h1. HNANCe COSTS 2020 thurqes bor& Igun lrt•r•M Bad ¢MKf davbthl d•bts 8,2SS 10,964 59,053 12,066 12.370 73,200 78,272 97,642 SUPPORT COSTS 2021 2020 Stolf costs Offltt <osls Depreclotlon Go¥eInU coys INot• 91 800,200 448*97 89,607 22,080 527.188 353J62 102,811 23,428 1,360J84 1,006,989 24
Nol•s •• lh• Fkian¢501 th• y•thr •rtd•d 31* Jvly 1021 ¢30VERNANCE COSTS Audh ond PrnPOfoNon of stomory fhobKbol stotsm Goyemws. Inwron M•etkng costs 18,420 17,280 3.500 2.648 3,660 22.080 23,428 IQ. TAKlt FIXID ASSETS
•1• I
lh• ¢•urn• mlfvA• Pv•p•rfy Impr•v•mM Sports ludmlkn •4dpffl•n• T•thn•l•oy hl•l•r TMhltl•ts l AU&W 2020 Adthiionj Tr•Nf 49.258 123.250 127,1481 5JJ53375 43,04S 24,2Q) 751A08 IWS.939 60.930 2,948 725,843 21,982 X,958 7A07,381 255,207 3? July 2021 145.300 5.121,OX 751,008 ,125.817 747.825 30,958 7.922,588 l Auwt 2020 Chur9• fof th• y•or IA37A03 280.014 09U52 ,339 é.295 2,987h03 205.222 23A70 120P27 8907 1,238 439,664 31 July 2021 Ih42.72S 310.1 64 811879 653.940 7A33 3M27,267 e••k V•1 31 July 2021 145,360 3A78.295 441A24 311938 93,e7P 23825 4A95?21 31 July 20?0 49,258 3,614,272 464,94 303x187 IéIJ04 24h03 4.679,778 IrKhJd•d wlthln prwrty Inprtr¢rrnts Is ) kns•lKld prenth ol of £150mO120201 £150,0001 ld 101•d d•pr•cloiknn ol £I50K0{202¢ £144,359). I I. DIBTORS 2020 F• Clh•r d•blor5 Pr•paYTh1 •rKJ In(c 321 /J90 23alS 180.165 162,076 31,644 172,151 525,170 365.871 25
Not•s t• ih• Fln¥nd•l th• y•qr•nd•d Jill July 2tr21 rroR am•¥nts hl¥ng dw wllNn •h• y••i 2021 Bk loons ond overdr+Jfts Trod• cr•dltor5 Otrr tr•dtlOTS Otsr tax•s ond t1 A<uuaJ5 and d•l•rr•d knc¢xn• 404x168 132218 123.903 98,309 35053 285J80 7067 108,113 80,109 409,259 1.109,911 953J28 Ext•nd an• bLdd wlthln occruak and d•f•rr•d IrKom• lolllng du• wlthkn y•ur li of £322,732 12020¢ £350.3621 r•lwlng i• ftss pold Ody(¢ by porerrt hKkthd wiihln oth•r u•dtr•rs or• t1111 £55M45 1202th U65721 kn r•5pKF ol ovtsPwdlr p•rdI•neoNrlbLrf14. X121 mw• Ihon •M ¥1 Bardr loans Ots ¢r•dho und d•hrr•d 29laO6 199,850 45598 362,091 201,200 350,249 946,914 913A40 hrthJd•d In acuvals ¢md d•l•vf•d 11 £455A981202th £350.2491 of I••x p41d kn tsdv4nt• by par•nty whlth 4r• rop¢Jyabl• aft•r y•or. l¥Jt b•for• flv• y•orJ. Th• bonk loan5 Is r•payabl• by •gual fflorfNy Initoknws Nov•mbvr 2026 +d l)•ar Inl•r•ii 413.25% •r orwrn •l)w• th• k,5 MlI9•d UBOR Ba Ro1•. •f d•b• 2021 2420 hAnDL•S poyabt•t y•4r 4x l•ts of dvmond 658PI I 256AOO 575,303 155KIi 2 81.143 81.143 243329 37.518 lW• Iwo •hd Il¥• y•qrs Aft•v Ilv• y•or5 TW.926 443.233 kn•ly•l• •f 4•lvrnd In¢•m• 2921 3020 Anmffjts foNard UH11¥ durhvJ th• y•tsr def¢rr¢d ¢knn9 tt y*or 700/911 13221321 1245.1 131 958,988 1350,3621 191.9851 carrb2d forword T/8230 700,611 26
Si R•non's Scho•1 IH•wkhvrsl}
Nty ts th• Fim•h¢ltsl th• y••r•nd•d 31hly 2trJl
I& OTHÉA FINANCIAL C¢YAMITM¢IITS
Ai 31 JY 2021 thb Sthool had anrthil L•d•t Th¢tr¢IOtskn Op•raI kn•s for wilpwrt os folknwst
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lond and
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86100
224.130
33X)09
51249
194760
337.81XJ
47J30
155.330
310,890
05218
532,050
202,800
IJ. PENSION AND SIMILAR ODiIGAIIONS
Th• School parNdput•s kn th• T•u&ws' Sthtrm TPSI ftr h l•uthhg rtoff. p•r4lon a190 for lh•
y•af Indud•s tontrfbutl(Th payabh TPS 01 £511.8721202th £462A751 ond ot th• y•ard knll12020 -
11 wus In r•SP of
St lonon's kh••l IHuwkhv N•l•i lo h• Fln•fi¢lol Stm•rfs th• y•w •hd•d 3111 lY 2021 16. FUNDS 31 July 31 hlv 2021 Exp•nd#u IMthl•d) r•stflet•d . AcoJfflvlot•d f•wves 3.926.327 7058388 16,9421041 4J)42,411 RESTRicr Fourtaln 1.926 1.926 1.926 1.926 3.928253 7,058188 16,9421041 4,044.337 FUNDS- PRIOIi YEAR 31 I¥ 2019 (r••fvrt•dl Jl Jvly UM•strlcl•d . kvJrThJoi•d r•xr 3h83A87 OJ65303 16A22.3031 3.926.327 R•strld•d FoLrfalr+ 8J>97 1.920 T•t•l W•lA¢ fvmdi 5AOO 8m7 Illh711 1.920 Totsl Ivndi 3h88,987 6A73.300 16J34XI341 3.928253 R•sffia•d knds r•pr•fft thts School for thè Of the terra 17. ALLOCATIQM OF NET ASSETS 14•1 wff•nl Flx•d L•rbH I•rni Iltrbllill•s Vl•bllllknl R•5fr1ct•d fund% Uthr•s1rkd hjxis 1.926 494,CQ4 1,920 4.042,411 4A95J21 1946.9141 4A95J21 495.930 1946.9141 4,044,337 ALLOCATI¢)N OF NET ASSETS- PAI¢X Ihbllill•¥ R•#rlrted fwd% Uw•sir1u fwds 1.926 160,089 1,926 3,926,327 479zI8 1913J401 47937$ 102J)15 1913A401 3,928253 28
Nolm •• lh• FiAoh¢ld SI•ffl• th• y•ai •nd•d 31 My 2021 I & REIATED PARTY TRANSACTIONS Si•phen Lohgev. a GOrI of th ¥hool, prothd ortteclvrvl swvkes Ir* r•l¢thon lo Pow•thov DevelOpnth o volLk• of £nil1202¢> £3J20k Pgwethrwse Devehpmeftt ctympl•ted kn JL•wory 2021. Th&re wer• no r•lutsd porty fr(Y4uuth Y•qulrthg dkdosur• In •lth•r th• or prk>r y•ar. 29