2021-08-31-accounts

Company Reglstratlon No.. 3596520 ST. CATHERINE'S SCHOOL, BRAMLEY (A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT AND ACCOUNTS YEAR ENDED 31 AUGUST 2021

ST. CATHERINE'S SCHOOL, BRAMLEY ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2021 Indox Pa Governors. Officers and Advisors Gov8mors' Report - SlruciuT8, ￿rn5 and GovernanGe - Strategic Report - Statement of Governors, Reswnsibilities Independent Auditorfs Report 14 1&17 Statement of Flnancial Activtties 18 Balance Sheet 19 Statement of Cash Flows 20-21 Notes lo the A¢¢ounts 22-37

ST. CATHERINE'S SCHOOL, BRAMLEY GOVERNORS, OFFICERS AND ADVISORS FOR THE YEAR ENDED 31 AUGUST 2021 GOVERNORS The Governors of St. Catherine's School, and those who setrved during the year, and to the date of the swirg of thls rewrt, except where olhemse stated, are.. 1&2 Mr Peter J Martin (Chalmian) (retired 8th July 20211 2&4 Mr Abert D R Alonzo 2. 3 & 4 Mr Mlchael F Bustard Irelired 31•t August 2021) 3&4 Mrs Penelop& J H Crouch Mr8 Susannah C Fitzsimons lioined 26th June 2021 } MTS Harriet J K Hounsell (pined 1 September 2021) Dr MKhad J Jordan (rellT8d 13th March 2021) Mr Andrew J Pianca Mr Jonath8n C M Tippett 2&5 Dr Janet F M¢Gcwan {Vke Chairman) Mr John A P Blauth Prof Finbaff E Colter Mrs Karen B M Farréll Mrs Caroline R Good 1&5 Mrs Clare S Johnslone Mr Matthew P Lowe (Chaimianl (appointe(19th July 2021) Mrs Susan E Shipy•vay Mr Den68 B Ulyet 1.3&5 283 2&4 Notes 1. Academ￿ Commlttee 2. Development Committee 3. Estate and Buildings Commhtee 4. Finance Committee 5. Pastoral a Well-being Commlttee During thg year the actNities of the Governing Body were carried out through five princlpal committees. The membership of these ¢ommrtie85 as al 31 August 2021 Is sP#Jwn above for each Govemor. The Safeguarding Govemors during the year s￿ Mrs Clare S John$lone and Dr Janet F McGovrdn C￿￿entlY dewtising,. the Ewly Years Foundation Stage {EYFS) Govemor Is Mr John A P Bl8ulh. Mrs Caroline R G(x)d is Governor representatrve on the School ICT Development Committee and Mrs Penelop8 J H Crouch arKI Mr John A P Blauth ar8 Govemor representatives on the Bursary and Hardship Awards Committ89 with Mrs Crouch belng Chair. Mrs Susan E Shipway is Govern￿ representatNe on the H￿1th & Safety Committee. OFFICERS Headmistress Prep School Headmistrgss sec￿lary to the Goveming Body Mr8 Alce M Phllllps Mi88 Naoml J Barth¢lomew Mrs Diane E Ha8ff6le ADDRESS St. Catherfnè's School SlaUon Road Br8mley Guildford Surrey GU5 ODF ADVISORS Bankers Lloyds Bank plc 147 High Street Guildford Surrey. GU13AG Soticltor8 Farrer & Co LLP 66 Lincoln's Inn Fiekls London, WC2A 3LH Auditor Crowe U.K. LLP 55 Ludgale Hill London, EC4M 7JW Insurar Brok8r8 Marsh Insurance Brokers Limited Capltal House 1-5 PeTrymounl Road Haywards Heath West Su88ex. RH16 3SY

ST. CATHERINE'S SCHOOL, BRAMLEY GOVERNORS, REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 The Govemors of St. Catherine's hool, 8ramley Pfe5ent their annual Govemor5' Report for the y8ar gThJed 31 August 2021, including the Directors, Reporl and Strategic Report. I￿jether with the audtted financial statements for the year. The Governors, Report and the accounts have been prepared in ac£ordance with the Financial Reporting Standard applic2ble in the UK and Republic of Ir8land (FRS102), the Companies Act 2006 and the Statement of Recommended Practice 8pplicable to charf(ies preparing their a¢￿Unts in accordance with FRS 102. The GoverTh)rs recognise the considerable stress that the pandemlc has brought to all staff but in particular, the Combined Senior Management Team led admirably by Mrs Alice Phllllps. Great efforts have been made by the whole School ¢ommunrty. Our thanks go lo all stsff. wpils and parents for all they have done In ex¢eptlonal circumstsnces. The on-llne learnlng programme has meant that all pupils have conllnued to re¢elve excellent educatlon and pastoral care. STRUCTURE, AIMS AND GOVERNANCE REFERENCE AND ADMIN18TRATIVE INFORMATION The SchcL)I wa$ fourKt8d in 1885 and is registered with the Charity Commission under charity number 1070858 and a company limited by guarantee and inCor￿ated under company number 3596520. The Governors, executiv8 officers and advisors are listed on page 1. OBJECTS, AIMS, OBJECTIVES AND ACTIVITIES Charltable Objects The objects for which Sthool Is estsbllshed are to promote and provlde for Ihe advancement of educatknn by provldlng. conducting. governing. c8ryiro on and maintaining in the United Kingdom or elsewhere. a boarding or day school or schools for gir18 in which the teaching shall be In accor(18Dce with the principle8 of the Church of England. Publ1¢ B&n•fit, Aims •nd Intended Impact In meeting these objects, St. Catheflne's public lnefit aim is to inspire puplls to make the most of their 8bilili8s by providing a happy and secure er¢vironment where academic excellence Is comblned wlth the wlder development of the individual's personalty. The Sthool alr￿% to develop pupils, sknlls of leadership. responslbilty and rellablllty, while encouraging respe¢l and ￿nCern for others in the wlder community and a desire to rnntribuie personally and through St. Catherine's School in corporate acliviti8S. A girl leaving SL Catherine's should be a confident, independent thinker and leamer, SttU￿ in her own beliefs, able to make sound moral judgments and Implement Ihern wmpa$sion. She should be ready to 5elze opportunitles to explow the world, make decisions and take risks, confid8nt lo &mbark on the unknown. equipped to rise to any challenges lrfe may present. and with the resilience and strength of character lo overcome adversty. Governors confirm that they have complled wtth their duty under Secllon 17 of the Charities Act 2011 to have due regard to the Charity Commission's publk%hed general guidance on public benefft. The Governors agreed to provide funds to the value of 2712020.231100% bursarie5 including extras for cases of grealesl need to fund at least one puprf at ¢a¢h of 11+ and 7+ (for theirsgnior 8nd the Prep. SchoollKey Stage 2 years reype¢tively). In recent years. a greater focus h8s been placed on 11+ bursary places, supportin9 the SULxessful applicants throughout all 7 years of thèir $6nior schoollng assuming thelr satisfactory perfomiance. Bursaries are available for both day and b08rding fees as boarding can be partlajlady hdpful for glrl$ need of educational or famlly stsbility. The Governors also conllnue lo wnsider ca8e8 of hardship for currenl PLtplls lo enable thèm. wherever posslble. to finish the key Stage of education that they are in al the tlrne of the famlly experiencin9 hardshlp. All bursarie8 are means tested and, almost invarlably* Indude a home vi8it to ascertain real need. In dedding on the allocation, the Bursary & Hard8hlp Award8 Committee contlnu6s lo focus on suitable lo¢al

ST. CATHERINE'S SCHOOL, BRAMLEY GOVERNORS, REPORT FOR THE YEAR ENDED 31 AUGUST 2021 The Schts)I provided £1,273k12020: £1.088k) of assistance in bursaries, $cholarship5 and other award$ to a total of 1 $012020- 131) pupils. The School Conllnues to develop ils existing links with stale s¢hoot5 in the immediate locallty, particularly doser working partnerships with Bramley Infant School and Go$den House la speThal n88ds school almost adjaGenl lo our site). Overseas, there ar9 historic links with the Magnet Orphanage and School. Nairobi. Communlty Llnks All links have been heavity curtalled this year due to COVID-19 restri¢tion5 which is a great regret. On all restrictions are Irfted, we will agaln offer the u¥e of our Auditorium and boarding facilities to external causes. The School provkled its venue and staff free of charge on many cttastons until the outbreak of COVI 19 and three lockdowns. If COVID-19 limitations had not been in force, we would have conunueé lo enable local schools to teach swimming in our pool on a weekly basis in temi lime without charge. Swimming coachlng would also have been provided free of charge. We would have contlnued lo encourage extemal students lo use the musicfacilities to facilttale universty courses. Ordinarilywe would have provided the followlng activities and l(M)k forward lo being a￿e to resume this outreach work agaln.. Cricket and Rounders coachlng, Swimming Pool use and music clubs all al local Primary and Senior Schools. Latin teaching conllnued at a local SGhool, albeit under very challeNJing ¢onditions and via Mic¥osoft Teams. We fvlly Intend to reintroduce education￿ seminars and careers events for surrounding Schools once allowed. The School'$ Senior Chamber Choir was able to sing In person at the High Sh8riffs Judiciary Servlce at Guildford Cathedr81 In July 2021, by Invita￿0￿ of the High Sherrff. We continLreé to teach a Microsoft Offic* Specialist course fr88 of charge and f(xJr local residents completed either their first or second modules. In the Summer Term as restrlctions eased, the school provlded cantors to Holy Trinity Church Bramley to support worship. We have also supported the Church whh pupils helping al church events again In the Sumrner Tgrm and ￿aff assisting with parking and grounds work when requested, and through maklng donations. The culture of helping others continued where posslble, with staff helping pupils to support haritsble ventures often promoted by the pupils themselves through their cor￿emS and interests. Many drfferent charities were therefore promoted and at every opportunty, the pupils were en￿uraged to learn aboLrt the charity them$elves. St. Catherine's School Coknoperales wth local and natlonal charities lo share cultural and sportlng facilities and to widen publk a¢¢e55 to the schooling provided so as lo optimise the educational use of its facilities and. Ir¢ the publlc InleTr$l. to improve the awareness of Ils pupils of the social context of the all-round education they recelve. The School also beneffls from the ne￿rk of former pupils and cu￿ent and former parents through the SL Catherine's Association, whose support Is gratefvlly acknowledged. STRUCTURE, GOVERNANCE AND MANAGEMENT Govomlng Do¢umont The Chanty is govemed by its Memrxandum and Articles of Associalion dated 10 July 1998. Governlng Body The School Ls governed by Its Governing Body. d8laS18 of whlch a￿ Ilsted on p8ge 1. It is 8 self-appointing Body, one third of whose members retire each year. bul are eligible for rwlection, subject to mandatory retirement at the AGM following their 74th birthday. Govemors who reach the age of 74 mid-year wlll sometimes be roquesled lo complete the acaderniG year for contSnulty. The Governors are selected based on eligibility, personal competence. specialist skills and affinity to the School. New Governors are inducted into the working of the School. including Board WOTkings and procedures through mentoring by

ST. CATHERINE'S SCHOOL, BRAMLEY GOVERNORS, REPORT FOR THE YEAR ENDED 31 AUGUST 2021 exlslng Governors and an iThYu¢tlon programme organised by the Headmlstres$es and Senlor Management Teams members, uthfioh Includes th(ffo￿h Safeguardlng checks and tralnlng. Regular ¢ontxt whh the d8y4rAay wnnlng of the School Is malntslned through hall-yearty Govemors, Days where Govemors are invited to visit lessons, aGtivities and attend training sessKJns on the Independent Schools Standards Regulations (ISSRS), as well as attend events such as concerts. dram8 productions 8nd speci81 celebratory éays etc. The Govemors are aware ofthe Charity Govemance Code publk8hed in 2017 and updated in 2021 which sets out the princi￿eS and recommended practice for good govemanc8 within the sector. The Govemors are satisfied that the Charity applies the principles ol the Code within its current Govemance arrangements. Organl8atlonal Manag&mont Th8 St. Catherine's School Governors, as Tnjstees of the Charity and Directors of the ConT)any, are legally responsible forthe overall management and control of St. Catherine's School and meet three Ilmes a year. The work of implementing their pollcies is cathed out by members of the varEous Committees noted on page 1, tho meet Iwo or three Ilmes a year In the weeks lea(Ilry up lo the meetings of the The prlnclpal Gov8mors' Committees are as follows.. - Acad8mlc Development Estate and Bulldir¥Js Finance Pastoral and Well-being The daY-t￿daY runnirvJ of the School Is delegated to Ihe Headmlslress is supported by the Headmistress of the Preparatory School (Prep. School). the Ch￿f Operaling Officer, and the S8niar Management Teams in both Schools who make up the key management personnel. Th8 tsvo Headmistresses and relevant members of the Combined Senior Management Team attend the Govemors, Board meetings and also the Committees relevant to their areas of ￿sponSibl11ty. The Chairman holds a monthly meeting in term lime wilh the Headmistresses and the Chief Oporaling Officer. Mrs Clare S Johnstone Mr Albert D R Alonzo Mr Denls B Ulyet Mr Jonathan C M Tippett Dr Janet F McGowan Remuneration Is consldered by the Governlng Body wtth Ihe oblectlve of provldlng appropriate Incenllves lo encourage perfomiance and rewarding all staff contributions to the School's success. Nearly all staff are appointed to a dear salary scale. whlch Is updated and publlshed annually after the Goveming Body 8gre8 any annual uplrft. The Charity has a wholty owned subsidiary, SL Cathenne's Enterprfses Limited, and this is used for the tradlng of the School Shop, Annfversary Halls Bar. Forum Café and Sports Club. The Schcol Shop sells the new Sch￿1 un￿orni and relat￿1 equlpment. Any surpluses are Glft Aided for the benefit of the School.

ST. CATHERINE'S SCHOOL, BRAMLEY GOVERNORS, REPORT FOR THE YEAR ENDED 31 AUGUST 2021 STRATEGIC REPORT Obleetlvts for th• Yèar This yearthe School has continued to maintain Ils academic performance and a hlgh standard of pastoral care vthich arg annual objectlves of the Govemlng Body. However, a major new obleetwe was once again forced upon the School by the ongoing COVID-19 pandernic: the need to keep the sch(x)I running successfully. financlaliy, and offerirKJ a sound eduGation and pastoral caie for all. desplte the onset of lockdown In the SpriThJ Term 2021. The Aubjmn Term was conducted on sile, the Spring Term - apart from 3 weeks in March - wa$ corvjucted entirdy online in the Prep and Senior SGhcrfJls with a smaller scare Crilit21 Worker Children's provi$KJn in both Scho￿$. Additional measures were put in pLqce on ag8in to monltor the wellbeing of all students studying al home and all staff worklng in school or remotely during the hxkdown wiod. In the Summ9r Term school resumed for all on stte. The school has provided financk91 support to some families in need because of the unexpecled impact of COVID-19. This has tsken the forni of payment plans and grants fmm the Hardship Fund. The ￿denIng of access, 8 regular objective, has been maintained through bursary provision and thg School always looks for new ways to encourage thal sch¢d Ghildren to use the fa¢llities for 8duc8tional purposes, as outllned above. Readlness for routlne inspection by the relevant aulhorities Is an annual objeGtive but the Independent Schools InspeLtorale {ISI) susperKled inspgclions due to ￿h0o1 dosures. By way of remind8r. in October 2019 the ISI undertook a Compliance Inspection of the Sthool and St Catherine's was found to be compliant wlth the lThJependenl Schools Standwds Regulatlon5 in all areas. The Govemors, ten-y8ar development visK)n for the School - Create Ihe Future - launched on Speech Day, July 2017. continues as a focus for the ¢ommunty. Alongslde the comp4etion of The 6. some prelimlnary works for the extension to the existing Creative Arts building, 'The Art & Makerspace", commenced In the Summer Temi 2021. However, a ngw STEM and Library space, "The CATatysf is on hold because of the current situation. The School confimied that, regardless of its ongoing ambIt￿uS developmonl plan5, the focus for expenditure should ￿)ntInue to be on keeping the fee increases as low as possible for future years. whllsl maintaining the Governors, top strategic priorities, whi¢h relate to the education provlded by the School, recruilment and retenllon of first-rale teachers and prudent financial management. Fee Increases for 2020 were once again held al less than the national average and were held until March 2021 as a supportive gesture to parents durlng the paf¥Jemic. Fee reductions were applied lo all in the Virtual Sprlng Temi. Prfnclpal Acllvltles of th• Y••r The s¢￿01 provkles day and bo8rdlng edueatlon f<r girls from the I￿al area, a wide cat¢hmenl area In the Unlted Klngdom and from overseas. Thi5 year the Senior School averaged 640 (2020.. 644) pupils of whom 123 (2020: 118) were boarders 8nd the Preparatory School averaged 248 pupils (2020: 256). The total number (rf g￿$ In the SdKd in September 2021 was 852. REVIEW OF ACHIEVEMENTS AND PERFORMANCE FOR THE YEAR 202012021 was bllghted by the ongolng COVID-19 pandomic In the UK, whlch affected all educational establishments. Th& flr8t hatf of the Autumn teTm Saw large numbers of glrls being affected by the need to solf-isolate due to the government regulations surroundlrKJ tha.bubl￿e, system of grouplng children by

ST. CATHERINE'S SCHOOL, BRAMLEY GOVERNORS, REPORT FOR THE YEAR ENDED 31 AUGUST 2021 year groups. Wlth rislng cases n8tionalty, on 4 January 2021 Ihe na￿onal lock(b￿l wa8 announced and Scool wa5 closed from 5 January until 8 March. Nonelhele8s. once again the stsff and students rose to this ¢hailenge and a fijll a￿eMiC programme was delivered onllne for all pupils using dkjllal plarfomis approprfate to all relevant age groups. Public exarn5 were again cancdled bjt haviTrJ been aware of thls posslblltty continuous assessment and data gathering had been in place Sin￿ September to 8UPPOrt the Teacher Assessed Grades. Results at bolh A Level and GCSE were excellent wlh the vast majority of andidale5 proc8edlng to the unfverslll8s of thelr chou. These $UFerb resums are due lo the dedication and hard work of all staff at St Catherine's School and the strong le•Jership shown by Senlor Management Team. Both the Sen￿Y and P￿p S¢h¢ds opered the S¢hool for the children of parent5 who are Critical Workers, in line with government diwlives and Ihls provIs￿n ran from 6 January lo 8 Mar¢h 2021. The CritiGal Worker provision remains a point of great pride lo the School and enabled parents to work on Ihe front linè for the NHS and other ess8nlial services. The morale ofthe entire school community remained strong throughout the year de$￿ts so many events being cancelled. the cessation of sporting r￿t￿re5 untd April 2021, and no con¢grts or drama perf0mlan￿ until late June 2021. The digital learning strategy was one• again experuy delivered, and all staff rose to the challenge of maintaining the ethos and distinctive character of St Catherine's even in lockdown and with students spread across the world in their own homes. stLtying online. In the Summer Tenn. public examinations were again cancelled. and Teacher Assessed Grades subrniiteé in Ilne wlth the GovernTrEnVs policy to ensure GCSE and A Level students could progress lo the next stage of Ihelr educa￿0￿. Thls prO￿S was more successfully managed natlonally with students havirKJ far more noti¢e of the negj to prepare for ¢ontinuous assessment and the aGademlc results of the year were excellent, once again. At A Level there was an irKrease In A. grades. Universlty places were gained at the usual hlgh standard. Al credit to the students who continugd to study hard in exeeptional circumsiances. The iPad wogramme is rM)w embedded throughout the Sdwl and Is an unqualrfied $uc¢85s. Pup115 and teachers conllnue lo embrace new technology ￿th enthusiasm and digital18aming is a routine di5CUSS point at staff meetings in both areas of the School. Largely used as a rasourc iniltally instead of textbooks, the staff are now uslng iPads and Google Classroom as a digital repository of resources for all classes in years U2-U6 as well as some written work. This level of technical familiarity provided the firm foundation for Virtual Spring Term and the School delivered the same cufficulum througfv)ut without éisrnption. Staff training was provided daily and Stsff gained additional ski4s at great speed to finesse their teaching online. This w911 established iPad programme and digital leaming strategy once again provHJed the backbonefor high quality online learning provision via Zoom, Google Classroom and SEEsaw, along wrth mary other supporung appslsoftware p<kagg5. Girls remained fulty gngaged in their educat￿n whilst remote leaming took place. The 202￿21 acadern￿ year began wrth the wel¢omirwJ back to School of all our boarders and students after an absence of over 5 months due to the COVltk19 p#ndemrc. Works on the new Sixlh Form boarding house completed in March 2021 and The 6 provhdes an excellent new home for sll Slxth Form boarders and a spacious common room for all sixth formers. During the year the temporary 5.9 boardiryd bulldlng was dosed at the January Icrtkdown and subsequently removed from Ihe stte. havlng served the sGPw)ol well. A Prep Room facility was added lo Symes Boarding House and proved extremely usefijl from the oul881. partkularly In pandemlc tlme5 provldlng a base for onlle act￿rtIes at the weekends when extemal trips Vve nol allowed. The most notab￿ achl8vements are 8ummarised below.

ST. CATHERINE'S SCHOOL, BRAMLEY GOVERNORS. REPORT FOR THE YEAR ENDED 31 AUGUST 2021 (Reception lo Year 4) and Google Classroom (Year 5 and 61. Elements of INe interaction took place via licensed Zoom accounts and music lessons and Academi¢ Mentoring lessons continued remolety- We were open to the chlldren of Critical Workers and vulnerable children. Approximately 30 pupils attende in4chool provision run by our teaching assistants and overseen by the Prep Senior Management Team wlth administratNe support from the Prep Office recept￿nist. Year 6 girls look their 11 + exarns remotely and mary were interviewed via Zoom. Pupils gained senlor school places al St. Catherine's, Priorfs F￿ld, St Teresa'5, Aldro, G￿at Ballard, St John'$ Leatherhead. Pulney High, The Royal School and Guildford High School. Girls were awarded Acad8mic Scholarships, tsvo Music Scholarshlps and fve Instrumerktal Awards at Sl. Catherine's Senior School, one sports scholarship al Priorfs Field, one sports scholarship at St Teresa's and one ICT and academic scholarship at Great Ballard. In Mu$iG, the Soundscape music room technology enabled virtual onlln8 Informal concerts to be recorded and Sh1￿ during lockdown. HaNest Festlval was ¢elebraled via a video of HaNest tJ)ems, song$ and arknrk for parents and pupils lo enjoy, perhaps reaching an even wtder audience than usual as a consequence. Thi8 yea¢s Nativity 'Hey Ewe, was also virtual and a hybrid of live stream and pre-recorded music was uged for the Christmas carol service. Content was shared with the community via dlgttal ChTlStmas c8rds. Girls in Llll enjoyed online workshops from Bemajor, choosSng between elements of musKal theatre, drama and dance. GarageBand, dasslcal orchestra, String Scheme and Kodaly singing ¢onlinued through lockdown. Training and Major Cholrs recorded a VKleo for th8 Godalming Performing Art$ Festival. Five short interaclNe Baby Cats Mini Sessions for local pre-school children. were produced based on classic children'$ stories with the aim of inspiring young imaglnations while at home during lockdown and proved to be vgry popular. Glrfg look part in RAD and ISTD dance lessons in tap, modem and ballet and onllne LAMDA lessons when the school was open, with all gids gaining Distinctions in thelr LAMDA examir¢ations. Girts enjoye learnlng new skllls during Muskal Theatre Club. Girls enjoyed a clrcus skills day al the end of the Summer Term which wa$ funded by the Prep School PTA. Girts from PPI-Llll learnt new skills in workshops for each year group and partlclpated In a performance in the vlsiting big top. The Physical Edut2tion department contlnued wtth a remote leaming programme throughout the periods of lockdown, with gids t¢ing set age-appropriate weekly PE tasks al home. They then posted videos (rf themselve8 completing la5k5 Onto Google and Seesaw. Dance lessons were incorwratsd into the PE urr￿UluM as an allernalive lo gyThnastics and girfs competed in Small y8ar group House teams lo horeograph short dance sequgnces wth the ￿mpetItion taking place of the usual House Gymnastics. The PE extra-curricular programme was reinstated, other than durlng lockdown, with activities taking placo in year group bubbles. Swimming was reinlméuced after October haw term, together wlth netball and cr05s county and lacrosse for Llll. A swimming Aquathlon took place In the Summer Term to raise money for Breast Cancer Support. Sports Day took place with girls from Curie House gaining the most points. The St Catherine's equestrian team continued lo compete in local and natlonal competitionswhere possible, wrth exce118nl resull8. Over £4,000 was raised Ihroughoul the year for numerous drffewnt local. nallonal and international Charities including Breast Cancer Support. WWF, Comic Rellefand Red Nose Day. The Hive (shoe boxes th presents for struggling families in Guildford). Autism Together, A¢lion for Chlldren. the S81vallon ￿￿y. Godalming Food Bank, Holy Trinity Bramley. A number of glrls showed considerable initiative 8nd ralsed money for charity whilst at home during loGkdown wlth activilbes such as spon80red walks arKI runs. The P￿p sch￿I.E¢0 Kittens. have Continued to wort towards reducing waste, promoting recy¢llng and supporting blodlversity in the school grounds. This year a re¢yding bank was eslablished for ilems such as batteries and mllk bottles which are then sgnt off to be recyded and a new blrd box with a camera was installed in the Prep grounds. A Schoo￿wIde sUn￿ower growing competition attra¢led fierce compelitlon Ihroughout the Prep SGhool. Gtds tcok part In the RSPB Big Garden Birthvalch, a Iltter pick during Great

ST. CATHERINE'S SCHOOL, BRAMLEY GOVERNORS, REPORT FOR THE YEAR ENDED 31 AUGUST 2021 British Spring Clean week and once back in ¥thool. sowed wildfiower s88d8 in the wildfiower gardon, under the direction of the school's Head Garden$r. The Lower111 woductlon of The Jungle Book ttsjk place with reduced audien￿ numbers dug to COVID- 19 restrictions. Llll girls also enjoyed an online Evacuee Day with a guest speaker talking aLK)ut her grandmother had been a secret agent in France durlng WW2. In the Summer Terni. Llll girls look part In a variety of activities during their Mighty Girls Week. including bush craft. ￿eating sn art mur81, a bake off. ￿rcuS skills and a drumming workshop and life skills such as lrfesaving and first Ad training. The Prep School contlnued wlth Important acllvilies to promote well-being amongst staff and puplls and the WTder community- Lll girls took part in the Hearts for Homes Inltlatlve, WTlling letters lo resldents In ILX21 care homes. The Express yI￿r8￿f challenge inspired projects such as poetry, gymnasllc5 displays, song, puppet shows. junk modelling and digital art and were shared through school in a spedal assembly. Weekly assemblies and chapel services continued to important a5PgCt5 of th9 wellbging programme. Prep staff benefited from a webinar from The Art of Brilliance on how to survive working from home, with valuable tips and ￿￿e8s. The school celebrated St Catherine's Day in November by identifying 'Unsung Heroes. throughout the school and girts wrote thank you letters and made cards or Grfts lo their nominees. Science Week took place back in scknl in the Spring Term in Ma￿h following lockdt)wn with themes of limate charoe, British farming and livestock and girls develot*d their knowledge of suslainabilty and how to keep the envronment healthy. Girly enjoyed several excellent presentations and talks, both online and in porson, from Clare Balding, Children's Laureate Cressida Cowell, Michaèl D• Souza, M.G. Loonard, and also took part in th8 Awesome Book Awards and 8 WWF4hemed Summer Reading Challenge. PrfrPrep girls enjoyed learning all about chickens from a member of the British Hen WelFsre Trust. Chess dub and chess masterclass remain popular and continued online throughout the year ￿￿th classes resuming in person Or￿ girfs returned lo school. Andrew Martin. our resident chess master, wrote tsvo Introductory Ixdilets for beginners during the lockdown period with the help of our in-house graphic de$￿Jner. These were dislribuled free of charge to a very large distribution via school websites, the Engllsh Chess FedeTatOon and the Girls, Schools Ass(￿latiOn. We receNed r￿teS of thanks from local prlmary schryjl colleagues and had emalls from a number of different countries from those who had used the restsJrce$. As part of their Lif8 Matters programme IPSHCE), Ull girls partieipaled in a rn￿k wedding In the scho chapel followed by a reception in the Collage Garden. Fl and Lll girls took part in a Frenth Café with Lll girls serving as waltresses to Fl gids and all girls able to Lrtilise their French in an interactive way. Due to cov1￿19 reslriclions, Prep gids were unable to enioy the full schedule of day and resldential trips that would nomially take place during the academic year. However, once restrictions were relaxed, each year group was able to take day trips to Surrey Hills Forest School al Birtley House, ButseT Ancient Farm, Holmbury St Mary. the Hannah Peschar Sculpture Garden and LegolarKI. Girls from PPI lo Ull were pleased lo invilo Ih8ir parents to come intQ 5th001 to view their work during adapled @Home sessions. Senlorschool Achlevements In the Senw Schcd, results at GCSE were: 45OA were at grade 9, 750k were at grades 9- 8 and 91% grades 9 to 7. In the A Level examination5 85Oh were al grade A' Al940￿ at grades A' B). 72 gwls gained a pla¢e at university thi$ year. in¢luding 8 al Oxbridge, with a fvrther 7 girls going the post- qualification route. 5 are taking up places overs6as in¢luding USA Ivy League Colleges, 1 will be attending Art SCI￿01 and 1 other the Guiklhall School of Music and Drama. whi￿ the Music Department has not been able to offer its usual full mu8lC81 provision during 2020-21. all of our musicians - girfs of all ages on both sides of th8 road and staff alike- should feel proud of all they have thieved this year under extraordinary circumstances. W8 have held a numb8r of online concerts

ST. CATHERINE'S SCHOOL, BRAMLEY GOVERNORS, REPORT FOR THE YEAR ENDED 31 AUGUST 2021 in place of those in persen-, instrumental 2nd vo¢al leaching has conlinueé Onli￿ and the girts have developed some strong new skills as a result.. we have held an examination session in person each term, with excellent results al all levels.. a number of ensemble rehearsals h8ve conlinugd online or socially- distanced in person. where safe lo do 50.. Car)tores and pupil readers filmed a Carol Service and Cantores broadcast Choral Evensong from Winchesler Cathedral to the congregations of Winchester and Guildford Cathedrals from our own Audllorium-, and, in the latter half of the Summer Term, the Lower Six put on their usual fvll musical- B8auty8ndthe Be88t- and the Drama Department presented a showcase version of Chicago, both Productions featuring live music from our own students. The U6 Leavers, Reotais, FM)stponed from tho Spring Temi. look place in June. Sadly we were not able to hold any competitNe sport agalnst olher schools or al toumamenls during the Autumn and Spring T8m)s and only Trlalively few fixtures In Crlcket, Athletics and Tennls In Ihe summer. Nonetheless the girls continued to train and some indNldu81 sports have proved safer to run and we have been lucky to Cglebrate scme ex¢ellent achievements for some of our individual sportswomen. Si Catherine's Day in November was able to go ahead and both House Lacrosse and House Netball were played by year group tgams across many locions with appropriate year group segregatlon because of COVID-19. It was a day of real joy and house spirit in the midst of ongoing COVID-19 reslrictlons and dlfficulties. The annual Art. DT and Textiles Departments exhibitions wer8 also cancelled but some disp18ys of work were on show in the Anniversary Halls in the Summer Term. The quallty of Ihe work was non&theless excellent as ahyays and public exam results high. The Arts prefects also ran a competition for the glrls to get creatwe which provided a support and escape for many, as did photography Competitions led and judged by the School Photographer. The School launched its own Culinary Arts Ccurse in April. led by Mr Philip Fr￿nd. Head of Food and Nutrition and 2018 finalist in Britain's Best Home Cook. This course will be based In the new Art & Makerspace buildlng In due ¢ourse. This year, there have been 8 limited number of OppO￿nItiO8 tor Chess Club, e)mpetilions and trips to other schools. Howèver, w8 have made every effort to keep training and playing with weekly training sessions on Zocm. This has helped standards to improve. as prep girfs have benefited from the senior input. The senior squad has also represented the sGhool online, participatlng in inler-school tournaments. Although we sadty could not host Ihe annual England Girls, Chess Semi-Final in January, next yearfs edition is being planned. D6spite the pandemlc, debating and public speaking competitions have continued to lake place via Zoom. The Oxford and Cambrldge Southern Rounds, conslsting of over 60 teams from London and the South. were no exception. The tsvo teams from St Catherine's participated in both competitions and were placed midway up the table. We were MO￿ suttessful this year with our EnglisWSp8aking Union Competitlons. The first, the ESU ma￿ Debate. $aw three girfs win the Regional Round, narrovAy missing out on becoming Southern Champlons. Two teams entered the English-speaking Union's Wnston Churchill Publlc Speaking Competition wlth one team now Offi￿allY Southern Champions. Two young St Calherine'8 perfonners qualrfied for the Grand Flnal of the ESU Perfomiing Shakespeare Competition. In November, Ihe Borrw Expedltion Group (now hoplng to travel in Summer 2022) ra18￿ £200 from Christmas themed film night for their year group, with proceeds golng towards their project In Borneo. Events from the Philanthropy Board, raising Money for the United for Klds Fou1)dat￿n in Nigeria, Included the Upper 6 BBQ in the Rose Garden and a 'Film Fesy for the whole school. The Charities Board organised a late version of the annual Fashion and Talent Show, ralsing money fcrf Guildford A¢tlon and Ronald McDonald House Charities UK This year the Drama Department has been somewhat thwarted by the COVID-19 pandemic. The whole school production of Ghicago was unable to go ahead in February although some Sixth Formers did manage to perform 8 cleverty devised 'showcase' in the last weok of the Summer Term which was of a very high stand8rd. We Gelebrated the ingenuity and persistence ol our Drama teachers in enabllng a perforrnanc8 in the end. GCSE and A Level students continued to study remotely with adjuslmenls lo

ST. CATHERINE'S SCHOOL. BRAMLEY GOVERNORS, REPORT FOR THE YEAR ENDED 31 AUGUST 2021 the pracll¢al components. A Level groups performed duologues from the plays Agnes of God by John Pielmeier and Steven Berkoffs Metamtyphosls, whlle the GCSE students perfomied Mor￿logueS from wlde range of challenging texts, including Duncan Macmillan's People, Plac88 and Things. Charlolta Keatley's My Mother Sakl l Never should and Dennis Kelly's DNA. Girls entered the United Kingdom Mathematical ChalleThJe at the levd for their age cohorts. Over811, thirteen Gold certrficates were 8w8rdeé this year 8nd frteen students qualtfied for higher rounds of the competition. In the UK Mathematical Olympiad for Girfs one gid came in the lop 5•A and more in the top 25%{0￿ of over 200 entrants). A Sixth Fomi team of U6 and L6 Further MathemalKians entered the Rilangle Maths comp8titKin over a p8riod of 15 we8ks, coming in the lop 40 out of 2(Kl schools who entered. There were no school trips this year due to the COVID-19 pandemic. However, we ¢ontiwed to hold Activities Week for all the girls in July with events at school or day trips out loGally. During the COVID-19 restrict¢ons. the Duke of Edinburgh's Award Scheme carried on in several differont ways. Gids managed to complete their physlcal, volunteering and skllls sacllons In more Ind￿Idual ways and were very Imaglnative In some of the actwities in which they engaged. For the expeditions, girls were not able lo do residential trips, bui a number of day walks were organised to help them complete this section. August 2020 saw the first expedition5 taking place again under COVID-19 reslri¢lions ané 33 Gold Award contenders completed their expedition qUalif￿atron in the Surrey Hill$. Large numbers of girls continue to bo invofved with the Duke of Edinburgh's Award with 22 girls a¢hieving Gold, 55 Silver and 69 the Bronze Award in the past year. Volunteers The School is indebted to the Parents, Assoriations and many volunteers in both Schwls, whose valuable support is gratefully ackno1￿edged. 11 b espaclally gralefijl to the many rellred members of staff who retum to work in a volunteer capaclly. the Prep School parents who asslst in the library. parent5 of the casts of our playslmusicals who help with the dramatic productions arKI members of the local community who are involved with the School. This year there have been 20 volunteers supporting the schooi, gNing in the region of 2,080 hours of their valuable time. With the introduction of Lateral FlowTe$t Centres in Schools from January2021, wewerefurther Indebted to a specific group of volunteer parents who. alongslde colleagues from the Medlcal Centre and other departments, staffed our test Centre which ran throughout the Sprfng Term lockdown and resumed duties In the Autumn Temi 2021. We were very proud of the work the lesl centre dit110 reassure the whole community. FINANCIAL REVIEW AND RESULTS FOR THE YEAR The Sthool fa¢gd significant opgr*ional Ghallgnge5 in the Summer Term due to the COVID-19 pandemic. whiGh impacted on the financial outcome for the year. The fee reductions given in the Summer Term amounted to over £246k {2020.' £1.2m) however the School worked incredibly hard lo reduce costs to minimise the imp&t. The Schoc4 continued lo receive some support underthe Govemment's Coronavirus Job Retention Scheme, receiving grants lotalling £17k during the year12020'. £240k) and to date has been able to avoKI making redun¢Yancies. The net income for the year was £855k {2020.. loss of £228k) due in part lo the su￿lUS on the sale of Iwo properties durlng the year. To gecure the longer-tem future of the School and as part of the Govemors, development vision, Create the Future. some exciting capital projects are In hand or at the plannlng stage arKI paused by the pandemic. As staled above, The 6was opened In March 2021 and Is an excellent new sixth form boarding hwse wrth common room for all slxlh form students. The Art & MakerSpa￿ extension to the John Palmer Arts Bulldlng Is under Construction from Summer 2021. Planning permission has been granted for The CATalysl scien￿￿e￿n010gY￿ibrary building project, and the starbng date for the construction will awd when it is financialty and commercialty praCtiCa￿e. 10

ST. CATHERINE'S SCHOOL, BRAMLEY GOVERNORS, REPORT FOR THE YEAR ENDED 31 AUGUST 2021 Reserves Pollcy Total funds of £33,640k ￿nsiSt of a pemianent endowment of £7.053k, an expendable endowment of £188k, restr￿ted funds of £1,031 k and unrestricted funds of £25,368k. There are no freg reseTves as the unrestricted funds are Inve$led In land and buildings. The School's financial viability is secured by strNing to achieve regular annual surpluse$ through cargfvl and prudent financial management, and further $￿ured by the property F)Ortfolio outside the main s¢hool sltes that is primarily used for staff accommodation. Funding of caprfcal projects and ne￿$sary day lo day working Capital Is met by careful management of the S¢hool'$ liquid resoU￿e$, together wllh fees pald under the Fees in Advance scheme and an overdraft facility from th• S¢hool'$ bankers and long term loans as and when required. The Inlentlon of the Governors is to use the School's annual operating surplus towards continuing to Improve the current facilities, investing in them for ¢)ur long-term fijtwre, but al the sarne time. and in light of the recent pandemic, ensuring that there are sufficient finanryal resources to meet any unexpected shortfall In revenue. The School's financial planning for the next 5 and 15 yBar pgriods shows that it 1$ unlikely, In the medlum term, that there will be free reserves and this is further explained in the next section, under golng concern. Going Concem The Governors are well aware al this lime that the medium4emi effects of the COVID-19 pandemic and how long Ihe conllnulng effect will last are all still unknown. However, the most important effect on the financial poslllon Is pupll numbers and collection of fees. To dale the School has seen no signrficanl change in pupil numbers or in the number of applications and the levels of fee debtors remain5 encouragingly low. St. Catherine's Is well placed to maintain pupil nurnbers and to continue at the current level of actNity with registrations for both Schools remaining strong and boarding numbers increasing. The Govemors, planning process manages the business risk 8nd includes detailed financial forecast8 for 5 years and cash ffow proleclions for up lo 15 years, tsking into consideration the current economlc dlmale during the pandemlc and rts potential impact on income and planned expenditure. Detailed Scenario planning is also undertaken using conservative future pupil numbws and incorporating estimalad cost of living increases and other possible factors. The School's bank borrowing facilities are Intended lo have sufficientflexibility lo provide an adequate safely net should it be requlred. The accounts have, therefore, been prepared on the basis that the charty continues lo be a going concem. The note on golng concern on page 22, wfthln our Accounting Policies, provide8 fjJrther informallon supportlng this CO￿luSiOn. Rlsk Managgmonl The Governor5 are wllectively responsible for the management of rlsks fac￿ by the School. Detailed considerations aTr delegated to the approprlate Commlttees and the Comblned Sen1￿ Management Team. A review of the School's risk management proc8sS8s is carrfed out regularfy. The key controls Used by the School include". formal agenda8 for all Board and Committee meetings,. terms of reference for all Commlttees", strategic planning. budgeting and manag8menl accounting. organisational $lru¢ture and line5 of reporting., clear aulhori$ation and approval levels., vetting procedures requlred by law for the protection of vulnerable children and adults. Prlnclpal Rlsks and Uncertalntleg The key risks are the ability to rnaintain the numbers on roll. to retain key staff and to manage the pressures on (xtsls being faced by the independent school sector. 11

ST. CATHERINE'S SCHOOL, BRAMLEY GOVERNORS, REPORT FOR THE YEAR ENDED 31 AUGUST 2021 The Goveming Body Considered the economy of recent years, the afford8bility of fees across the independent sector and in particular the extraordinary circumstances relating lo the COVID-19 pandemic in 2020 and 2021 and decided not to raise the feeg in J8nuary 2021. the usual annual fee review point, bjjt in March 2021. The Governors wll continue lo monitor the position with regard to future fee increases. Pupil number5 and strategies arKI evgnts wh￿h furthgr advertise the School are rev￿ed in monthly marketing meetings. To mrtipte the risk of losing key staff the Headmistresses have intemal 8y8lems, inclLKling Staff Review, which altthv the conduit of id8as for devetopmenl of indNiduals. The G0Vem￿ are satisfied that the major risks that have been identified are adequately manage(J. The Governors recognise that systems can provide only reasonable, but not absolute. assurance that major risks have been adequately managed. Fundralslng Partomiance and ActMtle• The St Catherlne's community has generousty donabj £196k {2020'. £207k) comprf$ing restrlcted in¢ome donations of £1￿k1202o.' £206k). I fundralslng act￿ltIeS for St-. C*herfne's School are carried out by School staff. St Catherine's School does not use any commercial particlpators In its fundraisirrfJ activities. All fundr8isiro activities are managed by the Development Dlrector and are monitored through the Development Committee, with overall oversight by the members of the Goveming Body. This year, in deference to the parent and alumnae Body and the potential impact of COVID-19 on families, fundraising activities were limited to a mber of fundraising postal and email appeals. The School ha5 in place a Statement of Ethical Fundraising and a Grfl A¢¢eptance Policy avallable on request lo any community member. The Statement of Ethical Fundralsing outllnas the proceduras that would be followed in the event of a complaint being received. wllh the Initlal response being the responsibllity of the Development Dlre¢tor under the Headmlslressas and the Chair of the Development Committee. No complaints relatlng to fundralslng a¢tivilie$ have been reoeived by St. Catherine's School durlng the current or prevlous ffinandal year. The School Is an organi8atlon81 member of the Chartered Institute of Fundraising and has registered with the Fundraising Regulator and complies with the Code of Fundraising Practice as published by the Regulator. The sch(￿ publishes and abides by the Regulato¢s Fundraising Promise. It is also a member of the Council for Advancement and Support of Education (CASE). In all fundraising activities the S¢hool refers to published best practice. The School has prO￿$se8 and Controls to ensure thatvulnerable adults are protected in regard to Association and Developmenl a¢tivttles and has published a paper oullinlng these wht¢h is publidy avallable on the webslte. The School seeks to avohj any unreasonable intrusion on 8 person's prrvacy from fijndraising activities and its practlces In thls regard are oullined In the School Confidentiality and Privacy Policy. FLrruRE PLANS The Schwl's key objectives are to: continue to ensure that the￿ has been no long-tem delrfment to pupils, learning caused by the move lo remote leamlng during COVID-19 related lockdowns in 2020 and 2021.. ensure that despite the changey to the examination system and tlmetable f(w 2022 all puplls are fully prepared.. maintain low pupilrtea¢hw ratios. whi¢h we believe give girls the necessary attention to enal￿e tP¢m to develop their academ￿ skills lo their fvll polenlial,. 12

ST. CATHERINE'S SCHOOL, BRAMLEY GOVERNORS. REPORT FOR THE YEAR ENDED 31 AUGUST 2021 apFKsint and reL8in th8 best teachers as speciallsts at all levels., ensure that pupil and staff wellbeing are gUPPOrted as the effects of the COVID-19 pandemic contlnue,. optimise the numbers on the School roll.. conllnue to promote the School as a top academic boardSng school to natlonal and International sludents, particulady Gelebraling the opgniro of The 6 Boardlnglsodal space for the Sixth Form whl¢h was opened in 2021,. maintain the high stsndards of aGademlc achlevement demonstrated by 11 + OLrtcomes in the Prep School and recent years, public examination results and excellent unNersity places gain In the Senior School., manage the School as ft makes the tran$ltlon from a 4 A Level entry point lo the Lower 6 with a view lo narrowing to 3 after the inrtial months of study, to 3 A Lev&ls from the outset and a subsidiary GCSEI Diplame d'études en langue franpise IDELFyMicrosoft Office Speclall$l (MOSI qualification for September 2022. This wtll necessitate extremely rigorous sublecl selection by stud8nts as adjustments of optlons will be less possible in this timetabling structure. wklen ac￿$ lo Ihe School through th8 continual promotion of bursaries (help wrih fees) lo Include entrants supported on means tested bursars of up to 100Yo of fees for appropriate appllcants at 7+,11 + and al 16+., conlinue lo develop and Celebrate our work as a leadlng School In Dl9ital Learning-, continue lo encourage Ilnks wlh the local Communty especially the local gtste schools whom we have longstandln9 Ilnks. and lo look to rekindling these as COVID-19 reslrlctions ease., continue to S8ek ways to share best yofessional Ffactice betsveen kKal schools and within professional associations IGSA, IAPS, BSA, ISBAI,. onlinuo slrategic planning for the next development phase: Create the Future, induding The Art & Maker Space projectwhich Is currenlly underway, and The CATalyst when the financial cllmate is rpJhl for the investment.. further the work of the Sixth Form Charity and Philanthropy Boards, ralses fvjnds for and provides practical support to our partner schools in various lo¢ions and other International or local charltles as selected by the girls., strengthen and develop the Assocwdtion ojmmunity and the engagement ofconstrtuents to deliver flnanclal, professlonal and social value to the School and Assticialion,. focus wlh sensitivty on ¢ontinuing lo raise Equality, Diversity and Incluslvlty as matters for disujssion and greater understanding through a cfoss-curricular and pupiVlea¢her working engage with senior students over the issues raised by the Everyone's Invited campaign enabling open dlscusslon on these matters supported by experyanced pasioral staff and the Resident Psychologlslg.. ontinue with good teachirvJ of Relationships and Sex Education in line with the Governmenys ngw statutory requirements, creating an environment in whlch tha confidence and awaren8ss of pupi15 can grow through treating every girl as an individual.. and prforitise lettings which were affected by the pandemic impact - whlch supwrt the leamlng and performance of music and drama beyond our own pupi18- and look to resume resKlential letbngs. 13

ST. CATHERINE'S SCHOOL, BRAMLEY GOVERNORS, REPORT FOR THE YEAR ENDED 31 AUGUST 2021 STATEMENT OF GOVERNORS, RESPONSIBILITIES The Governors {who are also direth)rs of St. Catherine's School, Bram16y for tho purposes of company law} are TesFonsible for preparing the Govemors, Report and the financial statements in accordance with applicable law and Financial ReportiThJ Standard appli¢able in the UK and Republic of Ireland FRS102. Cornpany law require$ the Governors to prepare financial statements for e￿h financral year. Under mpany law. the Governors musl nol approve Ih8financial statements unless Ihey are satisfied that they give a true and falr vlew of the state of affairs of the charitable company and of the incoming resource5 and appli¢allon of resources. including the income and expenditure, of the ¢harilable company for that perlod. In preparlng these finanoal statements, the Govemors a￿ required lo.. select suitable accwnting Fxjlicies and Ihen apF4y them conslstenlly.. observe the methods and principles in the Charity's SORP. make judgments and estimates that are reasonable and prudent.. state whether applicable UK accounting standards have been followed. subject to any material dewtures disdosed and exFlained in the financial statements- and prepare the financial statements on the going cnnm basls unless rt is inapproprtate to presume that the charitable company will continue in business. The Governors are ￿sponSible for keey'ng adequate accounting records that are sufflclent to show and explain the charitable ¢ompany's transactions, disclose witrh reasonable accuracy at any time the financial position of the ¢haritable company and enable them to ensure that the fina￿la1 statements comply with the Companw Act 2006 and the provisions of the charity's constrtution. They are also responsible for safeguarding the assets of the charity and hence for ta￿ng reasonable steps for the preventlon arKJ dete¢tion of fraud and other irregularities. The GoverrwNs are ￿spOnSible for the maintenance and inl8grity of the corporate and financial infom)ation included on the charitable company's website. LegiSlat￿n in the United Kingdom governing the preparation and dlssemlnation of accounts may étffer from legislation in other juri$dKlion$. The foll¢Jving statements have been affirmed by each of the Governors of the char6table company: so far as each Govern(K is aware, there is no rglevant audil information (that is, infonnalion neede(I by the company's auditors in ¢onngGb'on with preparing their report) of which the ¢ompany'$ auditors are ￿naw￿e. and each GoverrK has tsken all the steps that helshe ought to have tak8n as a Governor in order to make himselflherself aware of any relevant audit information and to establish that the company's auditors are awa￿ of that information. Thls Annual Report, prepared under the Charities Act 2011 and the Companies Act 2008, was approved by the Board of Govemors of Sl. Catherine's School, Bramley on 4 Dec8mber 2021, Ir￿uding in Ihelr capacty as company directors approving the Stfdteglc Report conlalned therein, and ts $Sgned a$ authorised on its behaw by". an 14

INDEPENDENT AUDrroR'S REPORT TO THE MEMBERS OF ST. CATHERINE'S SCHOOL, BRAMLEY Opinion We have audited the finandal ststements of St Catherine's School, Bramley {Yhe charit8ble company,) for the year ended 31 August 2021 which comprise the Statement of Flnanclal Activities. BalanrE SheeL Statement of Cash Flows arml notes lo the financial statements, including shJntflcant accounting policies. The financial rewrting framewth that has been applied in their preparation is appllcable law and Unrted Qngdom Accounting Standards. iT￿lLKI1￿9 Financial ReportirKJ Standard 102 Thg Fin8n¢ial Reporting Standard applicable in the UK and Republic of Ireland (United Kinodom Generally Accepted Ac￿unting Practke). In our opinion thg financial slatsments.. gNe a true and fair vlew of the slate of the Charilab￿ ￿MpanY'S affairs as at 31 August 2021 and of irwme and 6Xpendrtu￿, for the year then ended.. have been property prepared in accordance with Unlted Kingdom Generally Accepted Accounting Practice. and have been prepar￿1 in accordance with the wuiremenls of the Companies Act 2006. Basls ft>r opinion We conducted our audit in acctirdan¢e wilh International Standards on Audits'ng {UKI (ISAS {UK)l and applicable law. Our responsibilities under those stsndards are further de￿ribed in the Auditorfs respor)sibillties for the audit of th8 financial statements section of our report. We a￿ independent of the charltsble company in accordance wth the elhi¢al requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethiol Stsndard. and we have fu￿11￿ our other ethical respon5ibililies in accordance with these requI￿rnents. We believe that the audit evKlence we have obtained is sufficient and appropriate to provide a basis for our opinion. Con¢lusion8 relating lo golng concarn In audlllng the flnancial statements, we have concluded that the trustee's use of the going wncem basis of accountlng In the preparabon of the financi81 Statem￿1$ 1$ appropriate. Based on the workwe have performed, we have not iéentifjed any material uncertainties relating io events or conditions that, indivldually or ¢olle¢tNely, maycast signfficanl doubl on the charitable company's ability to continue as a going concern for a period of at least twelve months frorn when the financial statements are authorised for issue. Our responslbllilies and the reswnsibilities of the trustees with respect lo going ¢onGern are descrlbed In the relevant se¢tlons of this report. Othèr IAforrnation The trustees are responsible for the other information contained wlthln the annual report. The other information compriseg the infomialw)n included in t1￿ annual report, other than the flnanual statements and our aUdit0￿S report thereon. Our opinion on the finan¢ial statements does not cover the other information and. except to the extent otherwise explicily stated in ¢Jur report. we do not expres5 any fomi of assurance concluslon Ihereon. Our responsibility is to read the other infom)ation and, in doing so. ¢on8ider whether the other Snfomallon Is materialty inconsislentwilh the financial statements or our knowledge obtsined in the audit or olhemsa appears to be materially misstated. ff we idenlfy such material inconslstencles or apparent materkql misstatements. we are required to delemiine whelher thi5 gives rise lo a msterfal misstatement in the rinancial slalements themselves. If, based on the work we have performed. we conciude that there is a material misstslement of this other irrformatlon. we are required to report that fact. We have nothlng to reixrt In this regard. 15

INDEPENDENT AUDrroR'S REPORT TO THE MEMBERS OF ST. CATHERINE'S SCHOOL, BRAMLEY Oplnlons on other matters prescrib•d by th• Compani•s A¢t 2006 In our opinion based on the work un¢Jgrtaken in the wurse of our audri the infomiation glven In the trustees, re￿rt, which indud8s the directors, re[￿rt and the strategic report prepared for the purposes of compary law, for the financlal year for whS¢h the financial statements ar8 prepared is consistgnl with the financial statements,. and the strategic report and the directors, report induded within the trustees, ￿Port have been prepa in ac(￿rdanCe ￿th applicable legal requirements. Matters on whl¢h w¢ we requlr¢d to report by exceptlon In Ilght of the knowledge and understanding of the charitabl8 company and Ihelr envlronmenl obtslned In the course of the audit, we have not identrfied malerk21 mi5Stalements in the 8trateglc report or the directors. report included within the trustees, repo We have Th)thlng to ￿p￿t In re3￿t ofthe fdlowlng matters In reLqtknn lo Nthlch the Companies Act 2006 requlres us lo report to you ￿, In our oplnion.. adequate and proper accounting records have not been kept" or the flnandal statements are not in agreement wlth the accountSThJ records arvj return5', or certain disclosures of trustees. remunerauon spedffed by law are not made" or we have not received all the Inforniatlon and explanatlons we requlre for our audit. Regponslbllltles of trustees explained moro fulty in thé trustees, responsibilities statement set out on page 14. the trustees (who are also Ihg directors of the charitable company for the purposes of company law) are responsible for the prgparation of the financial staiemenls 2nd for being satisfied that they give a true and fair view, and for such inlemal control as the trustees determine Is nec*ssary lo enable the preparation of financlal statements that are tree from materi81 mlsstatement, whelher due to fraud or error. In preparing the financial statsments, the trustees are r¢spJnsible for assessing the chariiable company's ability lo continue as a going concgrn, disdosing, as applicable, mattets related lo going concern and using the going concem basis of accounting unless the trustees either intend to IKiuidate the charitsble company or lo cease operatiorts, or have no realistic altematNe but lo do so. Auditoffs responsibilities for the audit of tho financial statfjrnents Our objedives are to obtain reasonable assurance about whetherthe financial stst8m8nls as a whole arg free from material misstatement. whether due to fraud or error, and to ISSU8 an audrtorfs report that indudes our opinion. Reasonable assurance is a high level of assurance. bLrt is not a guarantee that an audit conducted in accordance wilh ISAS {UK) will always delect a material misslalement when it exists. Misstatements can arisefrom fraud or error and are considered material rf, individualty or in the aggregate. they could reasonably be expected to inffluence the economic decisions of users taken on the basis of these financlal ststements. Detalls of the extent to whlch the audit was consldered capable of detecting irregularities, including fraud and n(￿<0mplIance wlth laws and regulatlons are set cMJt below. A further description of ¢Jur responsibilities for the audit of the financial statements Is located on the Financial ReF(Srting Council's webslte at.. WbVW.frc.or .uklauditorsres nsiblltiies. Thls de8CriPtlon fomis part of OUT audilorfs reFort. Extent to vthlch the audit was ¢onsidor•d ¢apablo of det•ctlng Irregularllles. Includlng fraud 1r￿guE2r1tIe$. includlng fraud. are instances of non-compliance wih taws and regulations. We identified

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ST. CATHERINE'S SCHOOL, BRAMLEY 8nd assessed the risks of material mlsstslement of the financial statements from irregularities, whether ue to fraud or error. and discussgd these between our audit team member8. We then designed and performed audit procedur95 responsive lo those risks. induding obtalnlng aud￿ evidence sufficient and appropriale to provide a basis for our oplnion. We obtained an undorstandlng of the legal and regulatory frameworks within which the charitable company operates. focuslng on those laws and regulations Ih8t have a direct effect on the determination of material amounts and dlsciosures in Ihe finanGial statements. The laws and regulations we considered in this ¢onlexl were the Companles Act 2CWJ6, taxation legislation. together wrth the charit￿ SORP {FRS 102). We assessed the requlred compliance with these laws and regulations as part of our audit procedures on the related financlal statement items. In addition, we consldered provisp)ns of other laws and regulations that do not have a dlreet effect on the finan¢ial Statements bul Complian￿ wth which might be fvndamental to the charitsble company's ability to operate or to avoKI a material ￿nalty. We also consldwed the opportunities and Incenlwes that may exist within the charitable company for fiaud. The laws and regulations we considered In thls context for the UK OK)erations were The Education (Ind8pendent School Stsndards) Regulations 2014, General Data Prote¢lion Regulation {GDPRI and Employment Legislation. Audiling standard$ limit the requlred audlt proce(lures lo identtfy n0￿cOmPliSn¢e with these laws and regulatio￿ to enquiry of the Trustees and other management and inspection of regulatory and legal CO￿@SpondenCe, rf any. We identrfied the greatest risk of material impact on the financial statements from irregularities, including fraud. lo be within the tlmlng of recognition of voluntsry and other Income and the override of controls by management. Our audit procedures to respond lo these rtsks included enquiries of management and the Finance Committee about their own i¢Jgnlrficalion and assessment of the risks of irregularities, sample lestlng on the posting of joumals. reviewing accounting estimates for blases, reviewing regulatory correspondence with the Chity Commission, IrKl8pendent Schools Inspectorate, Ofsted and reading minutes of meelings of those charged with governance. Owing lo the inherent limrtations of an audit, there is an unaVoida￿e risk that we may not have detected some material misstatèments in the financial statements. even though we have properly planned and performed our audit in acwrdance with auditing standards. For example, the further removed non- compliance wlh laws and rggulations lirregularllies> is from the events and transactions refiected In the nancial Statements, the less likety the inherently limited pr¢)cedures required by auditing standards would idenllfy it. In addition, as with any audit, there remained a higher risk of norpdetection of irregularilies. as these may Involve collusion, forgery, intentional omissions, misrepresentations, or the override of intemal controls. We are not resFrf)nsible for preventing non-compliance and cannot be expected to detect non- compliance whh all laws and regulations. Use of our rnport ThLS report is made solety to the charitable Gompany's m8mbers. as a Body, in 8cctsrdan¢ with Chapter 3 of Part 16 of the Companies Act 2006. (￿r audit work has been undertaken so that we mKJht stale lo the charitable company's members those matters we are Tequired to state to them in an auditoffs report and for no other purpose. To the fullest extenl pemitted by law. we do not a¢cepl or assuma responsibiltty to anyone other than the charitable company and the tharitable company's members as a Body. for our udll work, for this report, or for the opinions we have formed. Tlna Allison Senlor Ststutory Auditor For and on behalf of Crowe U.K. LLP Statutory Audrtor London Date 17 December 2021 17

ST. CATHERINE'S SCHOOL. BRAMLEY STATEMENT OF FINANCIAL ACTMTIES (INCLUDING SUMMARY INCOME & EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2021 Unrestricted Restricted Endowment Funds Funds Funds £'ooo£ £'ooo £'ooo Total 2021 rooo 2020 £'ooo Notes INCOME AND ENDOWMENTS FROM Charltsble actlvhles School fees Other educational Income 15.615 1&615 14.854 Interest rec•lvablo Donatlons & legacles 17 20T ¢Xher trading in¢omo Grft Aid from subsidbary Cxher In￿Me/Re￿I81$ Furlough grant inGomo 17 17 240 Tothl Income 16,364 205 1Q569 16.352 EXPENDITURE ON RAISING FUNDS Finance costs under Advance Fe8s Contracts Bank Interest and charges Development costs 75 158 129 75 158 129 87 63 243 362 362 393 Charltable activiti Education 15,122 100 15,352 16.048 Exceptional items 139 Total exwndituro 15,484 130 100 15,714 16,580 Nrf In¢om•llexpondlture) 75 (100) (228) Tran$f•rs b￿n funds 16 374 1374) Not mov•m•nt in fund• 1,254 (299) 1100> 855 (228) Rgserv•s brought foThrnrd 24.114 1.330 7,341 32,n5 33,013 R•sorvo8 carrled forward 25,368 1.031 7.241 33,640 32.785 All of the School's operations represent continuing activities. Thern were no recognlsed gains or losses other than those Shown above. A ¢opy of the Statement of Financial Activities for the year ended 31 August 2020 is rrovided in note 22. The notes on pages 22 to 37 form part of these accounts. 18

ST. CATHERINE'S SCHOOL, BRAMLEY BALANCE SHEET AS AT 31 AUGUST 2021 Note8 2021 £'ooo 2020 rooo FIXED ASSErs Tangibl8 assets Investment in subsidiary company 41,699 39,323 41.699 39,323 CURRENT ASSETS Debtors Cash at bank and in hand 11 637 3.564 467 6,591 4,201 7,058 CREDITORS: Amounts falling due wlthln one ye8r 12 {5,659) (6,238) NEf CURRENT ILIABILrriESy ASSETS 11,458) 820 TOTAL ASSETS LESS CURRENT LIABILrriES 40,241 40.143 CREDrfoRS: Amount8 falllng due after more than one year 13 (6.601) (7,358) NET ASSETS 15 33,640 32,785 FUNDS OF THE CHARITY: UNRESTRICTED FUNDS: General Annual 16 25,364 24,110 RESTRICTED FUNDS: Scholarships, prize funds and donations 16 1,031 1,330 ENDOWMENT FUNDS Permanent ExperKlable 16 7,053 188 7, 153 188 TOTAL FUNDS 33,640 32,785 Th8 note5 on pages 22 to 37 fonn part of th8se accounts. Approved on behaw of the Goveming Body and ulhori5ed for issue on 41h December 2021 MPLowe Chaimian of the Goveming Body J C M Tlppett Chalmian of the FInar￿ Commlttee 19

ST. CATHERINE'S SCHOOL, BRAMLEY STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2021 2021 2020 £'ooo £'ooo Cash fl•)ws from op•ratlng actlvlti {Nole a) 1,350 2,294 Cash fl¢)w8 from inv•sting activiti•s investmgnts and servicing of finance Bank interest receipts Finance Gosts and bank tharges Payments to acquire tar¥Jible fixed assets Proceeds from sale oftangible fixed a88ets 1233) (4,026) (150) (5, 183) 348 (3,393) (4,935) Net cash (oufflow) bofor• flnancing acllvltles (2,043) (2,641) Cash flows from flnanclng acti￿tIo8 Fees In Advance scheme.. Recelpts from new contracls Amounts accrued to contracts Amounts utilised lo pay fees Bank loan. repayable by 2035 1,881 75 12,607) (3331 2,338 87 (2,974) 5,947 1984) 5,398 (Decreaseylncrease In cash (Note b) (3,027) 2,757 Reconclllatlon of net cash flow to movement In not debt {DecreaseyinGrease in cash in the year Nel de¢rease in Fees In Advance Decreasel{increase) in loan finance (3,027) 651 333 2,757 548 (5,946) Movement In net debt N•t dobl at 1 SoPtomb¢r 2020 {2019) (2,043) (3,547) {2.641) (906) Not d•bt at 31 August 2021 (2020 (S.590> (3,547) The Th)tes on pages 22 to 37 form part of these acuunts.

ST. CATHERINE'S SCHOOL. 8RANILEY STATEMENT OF CASH FLOWS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 NOTES TO THE CASH FLOW STATEMENT Ro¢onclllatlon of not in¢om• to not cash inflow from operatlng a¢tivitio9 2021 £'ODO 2020 £'ooo Net incomel{expendlture) for Ihe year 853 (228) Bank and other interest received Finance costs and bank charges Depreciation Profil on disposal of f￿ed assets (In¢reaseyDecrease in debtors (DecreaseylnGrease in creditors (17) Z33 1,023 (223) 11701 13511 (50) 150 1,323 (183) 329 953 Net cash Inflow op•raling actlvltles 1.3SO 2,294 b) Analyslg of chang•B in n•t dobt Asal I Soptsrnb￿ Movement 2020 Asat 31 Augus1 2021 £'ooo Cash at bank and in hand 8,591 (3,027) 6,591 (3.027) 3,564 Fees in Advance scheme Bank loans (4, 192) (5.946) 651 333 (3,541) (4613) (3,547) (2,0431 {5,590) 21

ST. CATHERINE'S SCHOOL, BRAMLEY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2021 ACCOUNTING POLICIES Basis of accounting The financial s18temenls h8ve been prepared In accordance with the Financial Reportlng Standard applicable in th8 UK and Republic of IrelaThY {FRS102}, the Companies Act 2006 and the Stslement of Recommended Practl¢e appllcable to charities, the Charities SORP (FRS 1021. The fvnctional currency of the School 15 GBP bec8use that is the currency of the prlmwy economic envlronment in whith the School OFerates. The activitie5 Qfthe ¢harity's wholly owned subsidkqry Company. St. Catherine's Enterprises Limlted, are immaterial to those of the charity and cons(Aidated accounts have, therefore, not been prepared. The School is a Public Benefit Entity registered as a charity in England and Wales and a company limited by guarantee. It was irKorpt>ratgd on 10 July 1998 (company number.. 3596520). Golng Concem The preparation of accounts requirey an assessment of the approprlateness of adopting a g)ing concern assurnption since this assumes the availabllty of adequate financial resources lo allow the School to continue for the foreseeable future. Al the timg of approving these financial slatemenls, the COVID-19 pandemic conts'nues lo evolve and the long-temi impact on the School, in common wth many other businesses remains unknown. The G0Verr￿rS continually revk4v the position carefully prudently to ensure the long-term continuing operation of the School. the ongoing provision of schoollng for the pupils and the employment of our staff. The Govemor5 regularty recelve and revlew financial and other forecasts coverfng one, five and fifteen yeaT future periods. The future financing of all ¢apltal woi8cts is carefully considered before approval is given to proceed. Sensitivity scenarios ar8 prc*Juced to ensure that there are adequate bank borrowing facilities to kxovide a sufflclent safety nel should varlous potential adverse events occur. After reviewing the School's budgets, forecasts and pro1￿tiOnS and, recognising thal pupil numbers are perhaps the most important factor in the fin8ncid viability of a school. reviewlng the level of applications to join the school in the future. the Governors have a ￿aSonable expectation that il has adequate resources, including current cash re$erwes and banking facllities, lo continue in operational exi¥tence for the foreseeable future. The School therefore continues to adopt the goiro concem basis in preparing Its financlal statements. Critical a¢Gounting judgements and key sour¢os of •stlmatlon uncertalnty In the application of the accounting pOI￿leS, Govemors are required to make judgemert e5timalos, and assumptions about the ¢arying value of asset8 and liabiltties that are not readily apparent from other sources. The estlmates and underlying aSsuMpt￿S are based on historical experienc8 and other factors that are considered lo be rdevant. Actual results may drffer from these estlmates. The esb'males and underlying assumptions are revwed on an ongolng basis. Revisions to aceounllng estlmates are recognised in the period in vh)ich the eglimate is revised rf th8 revislon affeGts only that period. or in the perNJd of the revlslon and future periods if the rev151on affeGted current and future perh￿s.

ST. CATHERINE'S SCHOOL, BRAMLEY NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 In the vi8w ofthe Govemors, m assumptlons co￿emIng tl*future or estlmatlon uncertalnty affecting assets or Ilabilllles at the balance sheet date are Ilkely to result In a materlal adluslment to thelr ￿TryIng amounts In the next fir￿nCIal year. b) Flxed assgts Tangible flxed asset8 wllh costs of £5,000 or more are eapltsllged and. when brought into use. are depreclaled by equal annu81 instalments over their e8timaled useful lives. The Current estlmated useful Ilves are: Freehold buildings Interim boarding accOmm￿at￿ Equipment Computers Vehicles All we81her pitch85 50 years 2 years 5 years 3 years 4 years 7 years Land value, estimated at £6m. 18 not depr8cSated. The Governors revlewed the e8tlm8ted usefvl Ilfe of the School's freehold bulldings and. based on thls review, depreck91ion is being provlded lo wrlte off Ihelr book value over 50 years from 2002 C￿ the date of subsequent purchase. Fe88 and 81mllar earned Income Fees receivable and charges for services and use of the premises, less any allowances. scholarships and bursaries granted by the School against those fees, but includirrfJ contributions received from restricted funds, are accounted for in the period in which the servu is provided. Amounts receNed under the SGhool's Fees in AdvanGe scheme contracts are recorded as deferred incom& and tr￿lIte￿ to income vthen the fees are due. They are allocated as current liabilities where the education VAII be wovided wilhln 12 months from Ihe reF)Orting dale and as long-lerni Ilabllkigs where the educatlon ￿11 t provided thereafter. d) Donations.10gacio8. grants and other voluntary Incomlng resources Voluntary Sncomlng resources are accounted for as and when entitlement arr6es, the amount can be rellably quantrfied arKI the economic b8nefrt lo th8 School is considered probable. Voluntary incom8 for the Schcd's gènèral purposes is a¢¢ounted for as unrestricted and is credited to the Annual Fund. Where the donor or an apped has imposed trust law restrictions. voluntary income is credited lo the r81evanl reslricted fvnd and inGoming endowment5 are a¢¢ounted for as pemanent trust capital or expendable trust ¢apilal. aGcording to whether the donor intends relention is to be permanent or not. Gffts in kind are valued at estimated open market value at the dale of Grft, in the case of assets for retention or ¢onsumplK)n, or at the value lo the School for donated Serv￿88 or facilili8S. •) Expgndltur• Expenditure is accrued as soon as a liability is ¢onsidgrgd probable, discoun19d lo pr9sent value for longer-lerm liabilities. Expenditure attribuiable to more than one cost category in th8 SOFA is app)rtioned to them on the basis of the estimated amount attrtbulable to each actwty in the year, either by reference to staff time or the use made of the undertying assets, as appropriate. Irrecoverable VAT is induded with the item of expenditure lo which il relates. Op•rnting l•ases Rentals under operating leas6s are charged on a straight-line basis over the lease tem), even rf the payments are not made on such a basis. Benefrts recelved and receNable as an incentive to sign an operating lease are simllarty spread on a stralghl-llne basls over the lease term. g) Flnanclal Instruments 8aS￿ flnandal instruments are initially recognised at transaction value 8nd subsequenuy measured al 8morti8ed cost with the exception of investrnents which are held at fair value. 23

ST. CATHERINE'S SCHOOL, BRAMLEY NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2021 Financial assets held at amortised cost comprise cash al bank and in hand, together with accnjed income, trade and other debtors. A specrfic provision is made for debts for wh￿h r￿verabillty Is in doubt. Cash at bank and in haNI is defined as all cash held in instant access bank a￿ountS and used as working capital. Flnancral liabilities held al amrtised cost comwse bank loans. trade creditors. other creditors, accruals and entrance fees. Assets and liabilities held in foreign currency are translated to G8P al th8 balanc8 she8t date al an appropriate year end exchange rate. h) Pension costs The School contrlbutes to the Teachers, Pension D&fin8d B•n¢fits Scheme at rates set by the Scheme Actuary and advised lo the School by the Scheme AdministraloT. The Scheme 15 a multi*mployer pension ￿heme and il is not POS5ilAe to identrfy Ih05e assets and liabilities of the Scheme whiGh are attributable to the School. In acciKdance with FRS 102 Ihe Stheme is arxounled for as a defined CO)ntribut￿ scheme and Lx)nlributlons are a¢counted for in the period to bthich they Trlate. For non-teaching staff the Schcrf)I contributes lo indwidual personal penslon schemes at a maximum of 10Vo of annL￿1 pay. These ¢ontrlbutlorbS are aC￿nted for in the perlod lo which they relate. 24

ST. CATHERINE'S SCHOOL, BRAMLEY NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 FEES RECEIVABLE 2021 2020 £'ooo The fees recefvable comprlsed.. Grogs fees Less: Bursaries. scholarships and other awards 16,796 (1,273) 15.876 (1.088) 1 S,523 14,788 66 Adrj back.. Bursaries pAid for by Reslrided Funds 15,615 14.854 OTHER EDUCATIONAL INCOME 2021 2020 Academic costs reL*argeil lo pa￿nts Trips, activities and other ¢o$ts re¢harged to parents Registration fees Extra lu6tlon fees Other Income including facility 48 61 53 130 940 INTEREST RECEIVABLE 2021 £'ooo 2020 £000 Interest received from St. Catherine's Enterprises Llmf(g Interest on scholarship. prizg and donaled funds Bank interest r6relved 37 17 NEf INCOME The operating 8urplu8 IS gtated 8fter charglngl(credltlng): 2021 £'ooo 2020 £'ooo Auditorfs remuneration - audlt fees exd. VAT Audrtorfs remuneration - non-audit fees exd. VAT Depreciation Profil on disposal of r￿ed assets Leasing charges 25 1,023 1223) 1,323 (183) 25

ST. CATHERINE'S SCHOOL, BRAMLEY NOTES TO THE ACCOUNTS {CONTINUED) FOR THE YEAR ENDED 31 AUGUST2021 EMPLOYEES 2021 £'ooo 2020 £'ooo Siaff cost8.. Wages and salaries Social security o)sts Pension costs 8,006 859 1,557 7,662 819 1.477 10,422 9,958 The number of employees whose emolum￿ exceeded £60,0(Kl was: 2021 No. 2020 No. £60,001- £70,000 £70,001- £80,000 £80,001- £W,000 £150,001-£160,000 £160.001-£170,￿0 10 Eleven12020: Eleven) employees are accruing benefits under 8 defined benefits penston scheme. Contributions of £18k (2020: £17k) were made to a defined contribulK)n scheme for two (2020.. vol employees. Aggwate employee benefrts including employerfs pension and national Insurance contdbullons, of key management personnel were £441 k12020: £431 k). Total headcount was 235 {2020'. 233). No termination payments12020: none) were made durfng the year. Neither the Govemors nor persons conr￿ted wSlh them received any remuneration or benefits from the School or any connected organisation, other than the reimbursement of travel expenses, weblnars and olher expenses which were necessarily ir￿Urred by Governors. This totalled £609 for four Governors in 2021 12020.. £703 for one Governor).

ST. CATHERINE'S SCHOOL, BRAMLEY NOTES TO THE ACCOUNTS {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 ANALYSI8 OF TOTAL EXPENDrruRE Staff Costs £'ooo other Depreciation £'ooo 2021 £'ooo 2020 Costs of ralslng funds Financlng costs Development 233 11 150 243 118 129 Total 118 244 393 Charltable actlvltles Teaching Housekeeping and Catering Premises Suppcrt and governance costs 8,368 237 423 1,276 1.524 934 1.222 345 9,892 1,171 2,668 9,888 1.023 3,766 1.388 Totsl 10,304 4,025 1.023 IS352 16,048 Ex¢optlonal ftems 139 Totsl oxponditur• 10.422 4.269 1.023 15,714 16,580 There were no Exceptlonal Items durlng the year. Exceptional items in 2020 of £138,839 comprised demolition costs associated wlth the new boardlng a￿0mmOdatIOn. FIXED ASSETS Land and Buildings Assets in course of )nstruclion £'ooo Oiher Assets Total £'ooo £'oc() At 1 September 2020 Additions Transfers Disposals 42,898 4,893 3,719 (7,802) 3,566 307 51,357 4,026 7.802 (1,133) {168) (1.301) At 31 August 2021 49,567 810 3,705 54,082 Dgpreclatlon At 1 September 2020 Charge for year Disposals 8.851 3.183 215 (162> 12,034 1.023 (674) (512) At 31 August 2021 9.147 3,236 12.383 Not book valuo At 31 August 2021 40,420 810 41,699 At 31 August 2020 34,047 4,893 383 39,323 27

ST. CATHERINE'S SCHOOL, BRAMLEY NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 FIXED ASSEfs (CONTINUED} Land and bufldings were valued on 29 September 1999 by King Stur98 and Co. Chartered Surveyors, using the deF￿lated replacement cost basis of valuation for the majority of the estate as well as the existing use basis of valuation for the residue where approprlale. to establish the falr value of these asset$ when Grfted to this (*aritable Gompany in 1999. The land value esllmated at £6m is not depreckited. Assets In o)urse of o)nstrudk)n amounting lo £7.8m to new slxth fonn boarding accommodation Yh8 6" whlch was compleled durSng the year and has b8en in use since March 2021. The Costs have been transferred into Land and Buildings. leaving a residual balance whiGh relates to the Art & Makerspace and the CATatyst Projects. As al 31 Auwsl 2021 IheTe was capital expendrture of £1.2m (2020: £4.4ml contracted for but not provided for in the financial statements. INVESTMENT IN SUBSIDIARY 2021 2020 Shares in subsidiary 100 100 Nel book value 8131 August 2021120201 100 100 The cost of the above inv8Stment tolalled £11xI. Th8 Sch¢)ol's interest 15 as follows.. Company Country of In¢orporatlon Shares held Class st Catherine's Enterprises Limited England and Wales Ordinary 100 The registered offKe of Sl. Catherine's Enterprises Limi18d (Company Number 29021111 Is al the same address as the School. The prinapal activity of the subsidiwy is that of selling unrforms and accessories lo the pupils of the School. The company also operates the Anniversary Halls Bar. Forum Café and Sports Club on the School site. The nel assets of Ihis ¢ompany at 31 August 2021 were £12k {2020: {£13k}, and, at that date, the company's total assets were £210k12020: £205k) and total liabililies were £198k {2020: £192kl. The company's profil and loss account for the year ended 31 August 2021 showed lumover of £129k12020: £146kl and an operating loss of £1k (2020: proflt of £9k). Glft Ald relatlng to the year ended 31 August 2020 {2020: £nil) was paid over during Ihe year. In 2020 there was a payment of lax of £3k In respect of the prior year profit whiGh was not paSd wlthln nlne mnlhs of the year end. No Grft {2020.' £8k) was payable al the year end. 10. RESTRICTED FUND INVESTMENTS The total restriGled fund investments were liquidated during 2004. The proceeds were loaned lo the general fund to finance the acquisition of tsvo residents.al properties. Interest Is payable on this loan to the ￿sIr1¢te￿ funds al 5% per annum, a8 shown in note 16. 11. DEBTORS 2021 £'ooo 2020 £000 Fees reGoveTable Amctrunt due from SL Catherine's Enterprises Limited Other debtors Prepaid expenses Accrued income 133 187 157 133 57 185 69 68 88 637 467 28

ST. CATHERINE'S SCHOOL, BRAMLEY NOTES TO THE ACCOUNTS {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 11. DEBTORS (¢ontinu•d) The amount due from Sl. Catherine's Enterprises Limited includes 8 loan of £150,000. which fall$ due In greater Ihan one year and which provides the compary wilh working Capital lo purchase school unrfomi stock for resale. Interest is charged at 1.75% p.a. above base on the balance outslandirvj at the beginning of each month. 12. CREDITORS: amounts falling du• wrthin on• y•ar 2021 £'ooo 2020 £000 Trade ¢redltors Fees in Advance Other taxation and social $e¢urty costs Other credltors Accrued expan888 Deferred Income Entrance fees Loan repayments (note 13) 367 731 220 218 231 71 1,278 39 874 203 238 897 1.157 333 3, T91 2,447 Fees in Advance scheme (r￿te 13) 2,211 5.659 6.238 The lotsl amount held in relation lo entrance fees of £1,278k is inclLKfed above. In the normal course of business. the expected repayment of these amounts will be £212k12020.. £170kl wthin one year and £1.07612020: £987k} after more than one year. The Govemors have reviewed the contract temis under which Pupil fee deposits are held by the School. Although under normal rcumslances these wi51 be repaid over future years when the pupils ¢omplete thelr educatlon at the School. pupils can leave al eadier dales. The School does not therefore h8ve an unconditional right to Tetain the individual depo$ils for al least 12 months after the balance sheet. In line with FRS 102, the balaft￿ of depos(t$ held al the year end have tsen Included wlthln current liabiliknes. 13. CREDrroRS: amounts falllng due aftor mor• than one year 2021 rooo 2020 £'oth) Loans Fees In Advance scheme &271 1,330 5,613 1.745 6.601 7,358 Fees in Advance scheme balanc￿ to be applied: In over 5 years In 2-5 years In 1-2 years In less than 1 year 48 583 736 2.447 1211 3,641 2,211 4.192 2.447 Less.. Included In current liabilrtie5 (note 12) 29

ST. CATHERINE'S SCHOOL, BRAIYILEY NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 13. CREDITORS: amounts falllng duo aftar moro than on• yoar <conllnued) 2021 £Th)o 2020 £'ooo Loans repayable: In over 5 years In 2-5 years In 1-2 years In less than 1 year 3.424 1,496 351 3,813 1,458 342 333 5,613 5.946 (333) Less.. induded in currenl liabilities {note 12) S271 The balance on the Fees in Advance scheme represents the awrued liability under the Scheme contracts. Further detals on the movements in il during the year are shown in note 14. The School arranged a long-temi loan with Lloyds Bank plc in the year ended 31st August 2020. The loan is in the amounl of £6.OIXI,000 with a fixgd rale of 2.605%. repayable in monthly instalments which commen¢ed in July 2020 and which are due to be completed by June 2035. The bank loan is secured on the freehold land and buildings at the School. 14. FEES IN ADVANCE SCHEME Parents may enter into an agreement for Ihe athance payment of fees. Under the terms of the Scheme the advance fee payments may be returned should the relevant puplls leave Independent education before the a0￿ance fee payment Is applled. 2021 £'ooo 2020 £'ooo The movements durlng the year were as follovL8: At 1 September 2020 (2019) New contracts during the year Amounts credited to contracts 4,192 1,881 75 4.741 2.338 87 6,148 7,166 Amounts utiliged in payment offees to the School (2,807) (2.974) 8alan¢o at 31 August 2021 (2020) 3.541 4,192 30

ST. CATHERINE'S SCHOOL, BRAMLEY NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 15. ALLOCATION OF NEf ASSETS Expendable Pemianent Restricted Endowfflent Endowment Funds Funds FU￿15 £'ooo £'ooo £'ooo Unrest￿ted Fund$ £'ooo Total £'ooo Tangible fixed assets Investrnent in subsidiary Propety loan Current assets Current Ilabllltles Long tami112blllUe8 7,053 41,699 11881 3.170 (S.6591 (6.6011 1.031 4,201 15.659) ie,601) 25,368 1,031 7,053 33,640 P•rmaThont Endowrnfjnt Fund The permanent endowment fund represents the land and bulldlngs on Ihe Senhy Sch¢)ol Campus that are held on trust. Expendable Endowment Fvnds The expendable endowment funds represent funds given to the School wlth the specific purpose of supplementing scholarships and prizes. These funds were loaned to the General Fund to part fund the wrchase of two residential properties for use by the sch￿1. Interest al 5Qk p.a. is payable on Ihls inter-fund loan. this interest being available for scho18rships and awards. Re8trlcted FurKI8 The restricted funds represent unspent income from the expendable endowment fvnds and unspent donatton5 in ￿latiOn to other restricted funds. The Bursary Fund exists for donations lo support parents who are unable to meel the fees In lull. The Hardship Fund exlsts for donatlons to support parents who are unable. temporarlly. to meet the fees in fijll. The 6 campalgn exlsted to creat8 a vibrant boardlng house and 80cSal space for the 8th form. The project has been completed. The CATalyst campaign exists to create a new teaching swace dedicated to Scler￿8. techndogy, malhs. digital learning, independent re&Ying and research. The Art & Makerspace campaign exists to create enhanced areas, full of natural light, for Fin6 Art, Ceramics, Textiles and Design Technology. Create the Future is the umbrella campaign for The 6, The CATalyst and Tlw Art & MakerSpa¢e campaigns. Further expenditure of each of the above funds is planned durlng Ihe 2021-22 finandal year. Unr•stricied Funds The Governors have separately identified recelpts and spending on donation5 and legacies for g8neral edl￿tIonal purposes as a designated fund called the Annual Fund. 31

ST. CATHERINE'S SCHOOL, BRAMLEY NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 16. MOVEMENT ON FUNDS I September 2020 £'ooo 31 August 2021 £'ooo Income Expendlture £'o £'ooo Transfers £'OLWJ Unrestrlcted Funds Annual Fund Genwal Fund Total 24,110 24,174 16.364 16.364 (15.484) 115.484) 374 374 25.364 25,368 b) Rftstricted Funds Scholarship funds T M Kilchin Mrs Russdl-Baker st. Catherine's Okl Girts Margaret Kaye Gregory Award Mrs S Bevan ErKlovmient fund 141 141 11) Prlzo funds Donallons Jennrfer Bale Organ Academy Bursary Fund Hardship Fund The 6 Campaign CATalyst Campaign Art & Makerspace Create the Future Other 25 30 20 23 io 95 79 363 172 152) 142) 112) 57 {374) 182 516 52 53 28 (15) 1,330 205 {130) (3741 1.031 Expendable endowments Scholarshlp funds T M Kitchin Mrs Russell-Baker St. Catherine's Okl Girfs hAargaret Kaye Gregory Award Mrs S Bevan En￿O￿ent fund 74 77 74 22 Prizé funds 188 Pernianenl Endowment Property ftjnd 7.153 {100) 7,053 32

ST. CATHERINE'S SCHOOL, BRAPIILEY NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 17. PENSIONS AND LIFE ASSURANCE Toachlng Staff The S¢hool participates In the Teachers. Pension Schem81lhe TPS.) for its teaching staff. The penslon charge for the year Includes contrlbullons payable to the TPS of £1,339k12020.' £1.266kl and at the year-end £114k {2020- £107k) was accrued In respe￿ of contributions to this scheme. The TPS Is an unfunded multl-employer defined benefltg pension 8ch8me govemed by The Teachers, Pensions Regulations 2010 {as amended) and The Teachers, Pension Scheme Regulations 2014 (a8 amended). Members contribute on a'pay as you go. bas4s with contribution$ from members and th8 employer being credited lo the Exchequer. Retirement and other pension benefits 8re paid by public funds provided by ParliamenL The emF4oyer Contr1￿110n rate is set by the SeGretary of State following stheme valuatlons undertaken by the Govemment Actuary's Department. The most recent acluarkal valuation of the TPS was prepared a$ al 31 March 2016 and the Valuallon Rep)rt. whlch was publlshed in March 2019. confim)ed that the employer conlrfbullon rate for the TPS would increase from 16.40A to 23.6910 from 1 September 2019. Employers are also requlred to pay a scheme administration levy of 0.08% 9￿Ing 8 total employer contrlbutlon rale of 23.e81Jts. The 31 March 2016 Valuatlon Report was prepared in accordance with the benefits set oul in the sch8me regulations and under the approach specified in the Direction5, as they applied at 5 Mar¢h 2019. However. the assumptions were considered and set by the Department for EducatK)n prior to the ruling in the 'McCloudlSaTgeanl case,. This case has reqUI￿d the c#)urts to Consider cases regarding the implementation of the 2015 refcffms to Public knice Pensions indltding the Teachers, Pensions. On 27 June 2019 the sup￿rne Gourt denied the Government pemiission to appeal the Court of Appeal'sjudgment that transitK)nal provisions introduced to the Tefomied Ffjnsion schemes in 2015 gave rise to unlawful age dis¢riminalion. The Government is respecting the Courys decision and has saKI it wll engage fully with the Employment Tribunal as well as employer and memb8r representatives lo agree how the discriminations wll be remedied. The Govemm$nl announced on 4 February 2021 that it intends lo procggd with a d9ferrgd choice underpin under wh￿h members will be able to choose either legacy or reformed sth9me benefits in ￿Pect of their service during the period betsvgerk 1 April 2015 and 31 March 2022 at Ihe point they become payable. The TPS is subject lo a cost Cap mechanism which was wi in place to protect taxpayers against urrforeseen changes in scheme costs. The Chief Secretary to the Treasury. having in 2018 anno￿￿ed th81 there would be a review of this cost cap mechanism, in January 2019 announced pause to the cost cap mechanism following the Court of Appeal's ruling in the Mccloudlsargeant e*se and until there is r%rtainty a￿ut the value of pensions lo employees from April 2015 onwards. The pause was lffted in July 2020, and a consultation was launched on 24 June on proposed changes lo the cost control mechanlsm followlng a revlew by the Government Aclu8ry. The rtsullatlon dosed lo response on 19 August 2021 and the Government is cUrren￿Y an81ysiro the sponses. In vlew of the above rullngs and declsions the assumptlons used in the 31 March 2016 Actuarial Valuatlon may become inaprKopriale. In this scenario, a valuation prepared in accordance with revised benefits 8nd suitably revised assumptions would yield different results than those conlalned In the Actuarial V81uation. Until the cost cap mechanism review is completed it is not poss1￿@ lo lude on any financial impact orfuture changes tothe Contribution rates of Iho TPS. A¢cordlngly no proviS￿n for any additional past benefrt pension costs is induded in these financLql ststements. Non-toachlng Staff The School's Contributions lo the per80nal p8nsiJn schemes of noTrte8chiro staff in the year were £218k {2020: £208k)- 33

ST. CATHERINE'S SCHOOL, BRAMLEY NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 18. TAXATION The company is regislered as a UK ¢harity and can take advantage of the exemptions available to ¢hanties. 19. FINANCIAL INSTrUMENTS 2021 £'ooo 4,068 (7,697) 13.629) 2020 £'ooo 6.990 (8, 172) {1, 182) Finan¢ial a55ets measured 8t amortised l￿$t (a) Financial liabilities measured at amortised cost Ibl Net financial liabilities measured al amortised ¢08t {al Financial assets include cash, trade and fee debtors, staff loans. other deblors, accrued income and amounts due from subsidiaries. (bl Financial liabilities include depo$ils, loans ￿payable, trade creditors, other creditors and accrued expenses. 20. OPERATING LEASES At 31 August 2021, the School had total commltmentg under non-Can￿lIable operaling leases In one yearor less of £1 k {2020: £1 kl and grealerthan one year and less than five years of £2k (2020.. £2k). 21. RELATED PAR￿ TRANSACTIONS The following amounts were charged to Sl. Catherine's Enterpriw Limited, the School's wholly owned trading subsidiary, during the year.. - 2021 £'ooo 19 12 2020 Salary costs Rent Administrative support Interest 28 12 The salary costs retharge represents the salary costs of the staff in the unrform shop and the Sports centre. The renl and administrative support charg8s represent the best estimatg of costs incufred in the njnning of th8 unrfomi shop and the Anniversary Halls Bar and Forum Café operalfr)ns. Irrterest is charged at 1.75% p.a. above basg on the total balance OLrtstanding at the beginnlng of 9ch month. For d8tsils of the amount due from St. Catherine's Enterprises Limited al the year-end, See note 11. Ouring the year the School Incurred total costs of £8k (2020.. £7.5kl wf(h rdated parties. Andrew Martin. the partner of the Prep School Headmlstress. charged £8k (2020.. £7.5kl for organising ¢he$s activities indudlng the purchase of equlpmenl. The balance outstanding atthe year-end was £Nil12020: £NIII. 34

ST. CATHERINE'S SCHOOL, BRAMLEY NOTES TO THE ACCOUNTS (CONTINUED) FOR ThE YEAR ENDED 31 AUGUST 2021 22. 8TATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2020 Unrestrthj Restricted Endowment Funds Funds Funds £'OOOi £'ooo £'ooo Total 2020 £'ooo Notes INCOME AND ENDOVVMENTS FROM Charltable aGtivities School fees Other edLKational income 14,854 14,854 Interest receivablo Donatlons & legacles 41 207 Other trndlng Income Gifi Ald from subsidlary Other Incomelrentals 53 240 Total Income 16,137 215 14352 EXPENDrruRE ON RAISING FUNDS Finance costs under Advance Fees Conlrdcts Bank interest and charges Development costs 87 63 243 87 63 243 393 393 Charltablé activiti• Edutation 15,823 125 100 16,048 Exceptional items 139 139 Total •xp•ndlture 16.355 125 100 16,580 N•t in¢omo11oxponditur•) (218) 90 (1001 Tran8fors between funds 16 N•1 movement In funds (218) 90 (1001 Re8er¥e6 brought fcrward 24,332 1,240 7,441 33,013 Reserves carried forward 24,114 1,330 7,341 32,785 35

ST. CATHERINE'S SCHOOL, BRAMLEY NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 23. COMPARATIVE ALLOCATION OF NEf ASSETS Expendable Pemianent Restr￿ted Endowment Endowment Funds Funds Funds £'ooo £'ooo £'ooo Unrestdcb Fun(18 Total £'ooo £'ooo Tangible ffixed assets Investment in subsidiary Property loan Current assets Current liabilities Long term liabilities 32.170 7,153 39,323 11881 5.728 16,2381 17,3581 1,330 7.058 16,238) 17,358) 24.114 1,330 7,153 32,785 COMPARATIVE MOVEMENT ON FUNDS 1 September 31 Augu51 2019 £000 In¢(￿9 Expenditure £'ooo £'ooo Transfers 2020 £'ooo UnreBtricted Funds Annual Fund General Fund Totsl {4} 116.3511 (16,3551 24,325 24,332 16.136 16,137 24,110 24,114 b) Restrlcted Funds Scholarshlp funds T M Kilchin Mrs Ru$$ell-Baker SL Catherine's Old Girts Margaret Kaye Gregory Award Mrs S Bevan Endovrfment fund (4) {4) (1) Prlze fund8 Donatlons Jennrfer Bate Ctrgan Academy Bursary Fund Hardship Fund The 6 Campalgn CATalyst Campalgn Art & Makerspace Create the Future Other {1) 130) 136) 97 88 287 152 37 519 28 27 76 21 16 33 95 173 136) 112) 516 51 1,240 214 (1241 1,330 36

ST. CATHERINE'S SCHOOL. BRAMLEY NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 24. COMPARATIVE MOVEMENT ON FUNDS {CONTINUED) 1 S8Pt8mber 31 August 2019 £'ooo Irthme Expendlture £'OCrt) £'OCw) Transfers 2020 £'ooo £'ooo Expendable endowments Scholarship funds T M Kilchin Mrs Russell-Baker St. Catherine's Old Gids Margarel Kaye Gregw Award Mrs S Bevan Endowment fund 74 74 77 22 Prize funds 188 188 Pem)anenl Endowrnont Property fund 7,253 1100) 7,153 37