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||**Page**|
|---|---|
|Company information|1|
|Directors' report, incorporating the strategic report|2|
|Independent Auditor's report|17|





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|||
|---|---|
|**Directors**|E L Lewis-Jones (Co Chair)|
||S T Wood (Co Chair)|
||L Anelay (appointed 12 July 2022)|
||P Clayson|
||E Coles-Kemp|
||H Harper|
||G P Jones (resigned31July 2022)|
||R W Loades (resigned 9 December 2021)|
||C Macintosh|
||A Nott (appointed 19 May 2022)|
||S Richards (appointed 12 July 2022)|
||CAShaw|
||MRWard|
|**Secretary**|CEJ Little|
|**Charity number**|1076484|
|**Company number**|03779976|
|**Principal address and registered office**|Bloxham School|
||Banbury Road|
||Bloxham|
||OX15 4PE|
|**Key Management Personnel**||
|**Head**|P W Sanderson|
|**Bursar**|CEJ Little|
|**Deputy Heads**|M Price|
||M Buckland|
||M Bull|
|**Auditor**|RSMUKAudit LLP|
||The Pinnacle|
||170 Midsummer Boulevard|
||Milton Keynes|
||MK9 1BP|
|**Bankers**|Barclays Bank PLC<br>London|
||SW1A1HE|
|**Solicitors**|Brethertons Solicitors<br>19 South Bar Street|
||Banbury|
||OX16 9AF|
|**nsurance brokers**|Marsh|
||Capital House|
||1 to 5 Perrymount Road|
||Haywards Heath|
||West Sussex|
||RH16 3SY|





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||**2021/22**|**2020/21**|
|---|---|---|
|Boarder|124|136|
|Day Boarder|284|301|
|Day Pupil|122|57|
|**Total**|**530**|**494**|
|Ofwhich|||
|Boys|314|297|
|Girls|216|197|



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|**KPI**|**Target**|**Actual**|
|---|---|---|
|Surplus|5%oftotal income|2.15%|
|Pupil Numbers|520|530|



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|**_DIRECTORS_**|||
|---|---|---|
|The Directors who|served during the year, and the committees of which they are members, are:||
|ELLewis-Jones||Co-Chair|
|||Communications & Development|
|STWood||Co-Chair|
|||Communications & Development, F&GP|
|L Anelay|(appointed 12 July 2022)|F&GP|
|PRClayson||F&GP|
|E Coles Kemp||Education, Boarding and Pastoral|
|H Harper||Communication & Development|
|GPJones|(resigned31July 2022)|Education, Boarding and Pastoral|
|R W Loades|(resigned 9 December 2021)|F&GP|
|C Macintosh||Education, Boarding and Pastoral|
|A Nott|(appointed 19 May 2022)|Education, Boarding and Pastoral|
|S Richards|(appointed 12 July 2022)|F&GP|
|CAShaw||Health & Safety Governor to F&GP|
|MRWard||F&GP|





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## Sarah Mason 

14/12/22 



## 

|<br>**xpenditure Account)**<br>**_EAR ENDED31STAUGUST2022_**|<br>**xpenditure Account)**<br>**_EAR ENDED31STAUGUST2022_**|<br>|||||
|---|---|---|---|---|---|---|
|Notes||Unrestricted|Restricted|Endowed|**Total**|Total|
|||Funds|Funds|Funds|**2022**|2021|
|||£|£|£|£|£|
|**Income and endowments from:**|||||||
|**Charitable activities**|||||||
|Education - School fees|2|12,246,818|||**12,246,818**|10,197,872|
|Education - Ancillary trading|3|748,375|||**748,375**|663,808|
|**Other trading activities**|||||||
|Non-ancillary trading income|4|664,123|||**664,123**|190,590|
|**Job Retention Scheme Grant:**||||||248,210|
|**Investments**|||||||
|Bank and other interest|5|1,672|||**1,672**|153|
|**Other**- **Grants and donations**|||||||
|Grants and donations|6|764|54,221|15,000|**69,985**|105,236|
|**TOTAL INCOME**||13,661,752|54,221|15,000|**13,730,973**|11,405,868|
|**Expenditure on:**|||||||
|**Raising funds**|||||||
|Non-ancillary trading|7(a)|471,267|||**471,267**|759,843|
|Financing costs|8|327,410|||**327,410**|331,866|
|**TOTAL DEDUCTIBLE COSTS**||798,677|||**798,677**|1,091,709|
|**Charitable activities**|||||||
|Education and grant making|?(a)|12,478,592|153,575||**12,632,167**|10,867,867|
|**TOTAL EXPENDITURE**||13,277,269|153,575||**13,430,844**|11,959,576|
|Net (loss)/gains on investment<br>assets|14|(5,018)|||**(5,018)**|46,022|
|**Net income/(expenditure)**||379,465|(99,354)|15,000|**295,111**|(507,686)|
|Transfers between funds|||||||
|**Net movementinfunds**||379,465|(99,354)|15,000|**295,111**|(507,686)|
|Fund balances as at 1 September||7,391,007|558,064|239,964|8,189,035|8,696,621|
|**FUND BALANCES AS AT31AUGUST**|24|**7,770,472**|**458,710**|**254,964**|**8,484,146**|8,188,935|





## 

||Notes|Unrestricted|Restricted|Endowed|**Total**|Total|
|---|---|---|---|---|---|---|
|||Funds|Funds|Funds|**2022**|2021|
|||£|£|£|£|£|
|**Income and endowments from:**|||||||
|**Charitable activities**|||||||
|School fees receivable|2|12,246,818|||**12,246,818**|10,197,872|
|Ancillary trading income|3|1,036,315|||**1,036,315**|885,909|
|**Other trading activities**|||||||
|Non-ancillary trading income|4|66,003|||**66,003**||
|**Job Retention Scheme Grant:**||||||248,210|
|**Investments**|||||||
|Bank andotherinterest|5|68,686|||**68,686**|153|
|**Other**- **Grants and donations**|||||||
|Grants and donations|6|764|54,221|15,000|**69,985**|105,236|
|**TOTAL INCOME**||13,418,586|54,221|15,000|**13,487,807**|11,437,380|
|**Expenditure on:**|||||||
|**Raising funds**|||||||
|Non-ancillary trading|?(a)|316,666|||**316,666**|222,272|
|Financing costs|8|299,701|||**299,701**|292,194|
|**TOTAL DEDUCTIBLE COSTS**||616,367|||**616,367**|514,466|
|**Charitable activities**|||||||
|Education and grant making|7(a)|12,836,682|153,575||**12,990,257**|11,377,204|
|**TOTAL EXPENDITURE**||13,453,049|153,575||**13,606,624**|11,891,670|
|Net (loss)/gains on investment<br>assets|14|(5,018)|||**(5,018)**|46,022|
|**Net income/(expenditure)**||(39,481)|(99,354)|15,000|**(123,835)**|(408,268)|
|Transfers between funds|||||||
|**Net movementinfunds**||(39,481)|(99,354)|15,000|**(123,835)**|(408,268)|
|Fund balances as at 1 September|24|7,886,753|558,064|239,964|8,684,781|9,092,949|
|**FUND BALANCES AS AT31AUGUST**||**7,847,272**|**458,710**|**254,964**|**8,560,946**|8,684,681|





## 

||**Note**|**Group**|**Group**|**Company**|**Company**|
|---|---|---|---|---|---|
|||**2022**|2021|**2022**|2021|
|||£|£|£|£|
|**FIXED ASSETS**||||||
|Tangible assets|12, 13|**17,504,474**|14,949,647|**17,462,264**|12,253,949|
|Securities Investments|14|**259,841**|264,859|**259,841**|264,859|
|Investment in subsidiaries|14|||**3**|3|
|||**17,764,315**|15,214,506|**17,722,108**|12,518,811|
|**CURRENT ASSETS**||||||
|Debtors|15|**472,869**|894,511|**572,367**|3,898,357|
|Cash at bank andinhand|29|**1,613,886**|2,503,332|**1,603,976**|2,483,178|
|||**2,086,755**|3,397,843|**2,176,343**|6,381,535|
|**CURRENT LIABILITIES**||||||
|Creditors payable within one year|16|**(7, 108,270)**|(7,029,897)|**(7,078,851)**|(6,822,148)|
|**NET CURRENT LIABILITIES**||**(5,021,515)**|(3,632,054)|**(4,902,508)**|(440,613)|
|**TOTAL ASSETS LESS CURRENT**|**LIABILITIES**|**12,742,800**|11,582,452|**12,819,600**|12,078,198|
|**LONG TERM LIABILITIES**||||||
|Creditors payable after one year|17|**(4,258,654)**|(3,393,417)|**{4,258,654)**|(3,393,417)|
|**NET ASSETS**||**8,484,146**|8,189,035|**8,560,946**|8,684,781|
|**REPRESENTED BY:**||||||
|**CALLED UP SHARE CAPITAL**|21|**100**|100|**100**|100|
|**ENDOWED FUNDS**|24|**254,964**|239,964|**254,964**|239,964|
|**RESTRICTED FUNDS**|24|**458,710**|558,064|**458,710**|558,064|
|**UNRESTRICTED FUNDS**||||||
|General|24|**7,770,372**|7,390,907|**7,847,172**|7,886,653|
|||**8,484,146**|8,189,035|**8,560,946**|8,684,781|





|||**2022**|2021|
|---|---|---|---|
||Notes|£|£|
|**Cash flows from operating activities:**||||
|**Net cash provided by operating activities**|28|**1,470,741**|451,034|
|**Cash flows from investing activities:**||||
|Dividends, interest and rents from investments||**1,672**|153|
|Proceeds from the saleofproperty, plant and equipment||**2,000**||
|Purchaseofproperty, plant and equipment||**(3,276,560)**|(1,612,926)|
|**Net cash usedininvesting activities**||**(3,272,888)**|(1,612,773)|
|**Cash flows from financing activities:**||||
|Repaymentsofborrowing||**(84,988)**||
|Repaymentoffinance leases||**(28,522)**||
|Cash inflows from new borrowings||**1,210,000**|2,990,000|
|Financing costs||**(183,789)**|(69,183)|
|**Net cash provided by financing activities**||**912,701**|2,920,817|
|**Change in cash and cash equivalentsinthe year**||**(889,446)**|1,759,078|
|**Cash and cash equivalents at the beginning of the year**||**2,503,332**|744,254|
|**Cash and cash equivalents at the endofthe year**|29|**1,613,886**|2,503,332|





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|2.|**CHARITABLE ACTIVITIES**-**SCHOOL FEES RECEIVABLE**|||
|---|---|---|---|
|**(Company and Group)**||||
|||**2022**|2021|
|||£|£|
||School fees receivable comprise:|||
||Gross fees|**14,353,977**|12,544,140|
||Less: Total scholarships, bursaries, staff remissions and|**(2,107,159)**|(2,346,268)|
||other discounts|||
|||**12,246,818**|10,197,872|



||Scholarships and bursaries were paid to 233 pupils|(2021: 267 pupils) and totalled £1,397,753|(2021: 267 pupils) and totalled £1,397,753|
|---|---|---|---|
||(2020/21: £1,584,589).|||
|3.|<br>**CHARITABLE ACTIVITIES-ANCILLARYTRADING INCOME (Group)**|||
|||**2022**|2021|
|||£|£|
||Extras|**145,981**|159,983|
||Entrance fees and registration fees|**144,088**|113,144|
||Pupil transport|**176,615**|113,291|
||Commissions and related income||170|
||Sundry other income|**281,691**|277,220|
|||**748,375**|663,808|
||**CHARITABLE ACTIVITIES**- **ANCILLARY TRADING INCOME (Company)**|||
|||**2022**|2021|
|||£|£|
||Extras|**145,981**|159,982|
||Entrance fees and registration fees|**144,088**|113,144|
||Pupil transport|**176,615**|113,291|
||Rent receivable and related income|**266,011**|222,272|
||Sundry other income|**303,620**|277,220|
|||**1,036,315**|885,909|
|4.|**OTHER TRADING ACTIVITIES (Group)**|||
|||**2022**|2021|
|||£|£|
||Bloxham Enterprises Limited - trading turnover|**225,530**|103,903|
||Bloxham Enterprises Limited - rents receivable|**372,523**|81,286|
||Other non-ancillary trading income|**66,070**|5,401|
|||**664,123**|190,590|
||**OTHER TRADING ACTIVITIES (Company)**|||
|||**2022**|2021|
|||£|£|
||Other non-ancillary trading income|**66,003**||





## 

|**INVESTMENTS (Group)**|||
|---|---|---|
||**2022**|2021|
||£|£|
|Bank interest|**1,672**|153|
|**INVESTMENTS (Company)**|||
||**2022**|2021|
||£|£|
|Bank interest|**1,672**|153|
|Other interest|**67,014**||
||**68,686**|153|



## 

||**Unrestricted**|**Restricted**|**Endowed**|**Total**|Total|
|---|---|---|---|---|---|
|||||**2022**|2021|
|||||£|£|
|Legacies and<br>donations|764|54,221|15,000|69,985|105,236|





## 

## 

|a)**Total expenditure**||||||
|---|---|---|---|---|---|
|**(Group)**||||||
||Staff|Support|Depreciation|**Total**|Total|
||costs|costs||||
||(Note 9)||(Note 12)|**2022**|2021|
||£|£|£|£|£|
|**Costsofraising funds**||||||
|Non ancillary trading|224,829|221,222|25,216|**471,267**|759,843|
|Financing cost (Note 8)||327,410||**327,410**|331,866|
|**Total costofraising**<br>**funds**|224,829|548,632|25,216|**798,677**|1,091,709|
|**Charitable expenditure**||||||
|Teaching|5,209,476|654,201||**5,863,677**|5,315,151|
|Welfare|914,842|695,976||**1,610,818**|1,451,700|
|Premises|515,608|1,876,264|467,935|**2,859,807**|2,416,561|
|School administration|1,070,781|926,170|210,315|**2,207,266**|1,619,445|
|Grants awards and||14,572||**14,572**|24,961|
|prizes||||||
|Governance||76,027||**76,027**|40,049|
|**Education**|7,710,707|4,243,210|678,250|**12,632,167**|10,867,867|
|**Total expenditure**|7,935,536|4,791,842|703,466|**13,430,844**|11,959,576|
|a)**Total expenditure**||||||
|**(Company)**||||||
||Staff|Support|Depreciation|**Total**|Total|
||costs|costs||||
||(Note 9)||(Note 13)|**2022**|2021|
||£|£|£|£|£|
|**Costsofraising funds**||||||
|Non ancillary trading|224,829|91,837||**316,666**|222,272|
|Financing cost (Note 8)||299,701||**299,701**|292,194|
|**Total costofraising**<br>**funds**|224,829|391,538||**616,367**|514,466|
|**Charitable expenditure**||||||
|Teaching|5,209,476|550,512||**5,759,988**|5,387,190|
|Welfare|914,842|697,408||**1,612,250**|1,451,700|
|Premises|515,608|1,779,279|451,204|**2,746,091**|2,858,939|
|School administration|1,070,781|1,512,049|210,315|**2,793,145**|1,619,445|
|Grants awards and||14,572||**14,572**|24,961|
|prizes||||||
|Governance||64,211||**64,211**|34,969|
|**Education**|7,710,707|4,618,031|661,519|**12,990,257**|11,377,204|
|**Total expenditure**|7,935,536|5,009,569|661,519|**13,606,624**|11,891,670|





## 

||**2022**|2021|
|---|---|---|
||£|£|
|Remuneration paid to Auditor for audit services|||
|Current year|**30,000**|22,680|
|Prior year|**34,897**||
||**64,897**|22,680|
|Depreciationoftangible fixed assets:|||
|- owned by the Charitable Company|**634,074**|498,432|
|- held under finance leases and hire purchase contracts|**69,391**||
|Operating lease rentals:|||
|- land and buildings|||
|- other assets|**132,675**|56,578|
|Reimbursementofout-of-pocket expenses to Directors||862|



## 

|8.|**FINANCING COSTS (Group)**|||
|---|---|---|---|
|||**2022**|2021|
|||£|£|
||FeesinAdvance debt financing costs|**50,915**|58,858|
||Bank charges|**22,789**|8,672|
||Other finance costs|**183,789**|48,583|
||Provision for bad and doubtful debts|**69,917**|215,753|
|||**327,410**|331,866|
|8.|**FINANCING COSTS (Company)**|||
|||**2022**|2021|
|||£|£|
||FeesinAdvance debt financing costs|**50,915**|58,858|
||Bank charges|**19,495**|7,351|
||Other finance costs|**183,789**|10,232|
||Provision for bad and doubtful debts|**45,502**|215,753|
|||**299,701**|292,194|
|9.|**STAFF COSTS (Group and Company)**|||
|||**2022**|2021|
|||£|£|
||The aggregate payroll costs for the year were:|||
||Wages and salaries|**6,393,641**|6,001,405|
||Social security costs|**667,046**|573,312|
||Other pension costs|**853,056**|834,583|
||Private medical insurance|**21,792**|25,924|
|||**7,935,535**|7,435,224|
|||**2022**|2021|
|||£|£|
||Includedinstaff costs were redundancy and termination payments|**42,214**|20,296|



## 



|**2022**|2021|
|---|---|
|£|£|
|**719,969**|507,592|



||**2022**|2021|
|---|---|---|
||**No**|No|
|£60,001 - £70,000|3|3|
|£70,001 - £80,000|**1**|2|
|£90,001 - £100,000|3|1|
|£130,001 - £140,000||1|
|£150,001 - £160,000|**1**||
|The number of higher paid employees with retirement benefits accruing:|||
|- inDefined Contribution schemes was|**1**|1|
|Ofwhich the contributions amounted to|**£4,847**|£4,356|
|- inDefined Benefit schemes was|**7**|6|
|Ofwhich the contributions amounted to|**£152,924**|£120,459|



||**2022**|2021|
|---|---|---|
||**No**|No|
|Teaching|**119**|99|
|Support|**110**|125|
||**229**|224|



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## 

||**Freehold**|**Freehold**|||||
|---|---|---|---|---|---|---|
||**Land**&|**improve-**|**Under**|**Plant**&|**Computer**||
||**Buildings**|**ments**|**construction**|**Equipment**|**Equipment**|**Total**|
||£||£|£|£|£|
|**Cost**|||||||
|At1 September 2021|12,942,840|1,640,615|332,925|3,462,206|3,180,220|21,558,806|
|Additions|986,170|485,386|1,428,719|227,724|306,293|3,434,292|
|Disposals|(243,487)||(46,886)|(216,304)|(2,413, 160)|(2,919,837)|
|**At31August 2022**|**13,685,523**|**2,126,001**|**1,714,758**|**3,473,626**|**1,073,353**|**22,073,261**|
|**Depreciation**|||||||
|At1 September 2021|1,329,876|146,793||2,418,074|2,714,416|6,609,159|
|Charge for the year|181,608|137,272||174,271|210,315|703,466|
|Disposals|(150,165)|||(210,273)|(2,383,400)|(2,743,838)|
|**At31August 2022**|**1,361,319**|**284,065**||**2,382,072**|**541,331**|**4,568,787**|
|**Net book value at31**|||||||
|**August 2022**|**12,324,204**|**1,841,936**|**1,714,758**|**1,091,554**|**532,022**|**17,504,474**|
|Net book value at|||||||
|31August 2021|12,052,149||462,446|1,969,248|465,804|14,949,647|



## 

||**Freehold**|**Freehold**|||||
|---|---|---|---|---|---|---|
||**Land**&|**improve-**|**Under**|**Plant**&|**Computer**||
||**Buildings**|**ments**|**construction**|**Equipment**|**Equipment**|**Total**|
||£||£|£|£|£|
|**Cost**|||||||
|At1 September 2021|10,130,815|1,640,615|332,925|3,295,747|3,180,220|18,580,322|
|Additions|3,597,611|485,386|1,428,719|227,724|306,295|6,045,735|
|Disposals|(117,156)||(46,886)|(91,307)|(2,413,163)|(2,668,512)|
|**At31August 2022**|**13,611,270**|**2,126,001**|**1,714,758**|**3,432,164**|**1,073,352**|**21,957,545**|
|**Depreciation**|||||||
|At1 September 2021|1,191,912|146,793||2,273,252|2,714,416|6,326,373|
|Charge for the year|150,027|137,272||163,905|210,315|661,519|
|Disposals|(23,935)|||(85,276)|(2,383,400)|(2,492,611)|
|**At31August 2022**|**1,318,004**|**284,065**||**2,351,881**|**541,331**|**4,495,281**|
|**Net book value at31**<br>**August 2022**|**12,293,266**|**1,841,936**|**1,714,758**|**1,080,283**|**532,021**|**17,462,264**|
|Netbook valueat<br>31August2021|9,378,088||462,446|1,947,611|465,804|12,253,949|





## 

|**SECURITIES INVESTMENTS**|||
|---|---|---|
||**2022**|2021|
||£|£|
|**Group investments**|||
|At1 September|**264,859**|218,837|
|Unrealised (losses)/gains on investments|**(5,018)**|46,022|
|**Group investments at31August 2022**|**259,841**|264,859|
|Investmentinsubsidiaries|**3**|3|
|**Company investments at31August 2022**|**259,844**|264,862|
|**Investments comprise:**|**2022**|2021|
||£|£|
|**Listed investments**|||
|Equities|**223,987**|240,132|
|**Unlisted investments**|||
|Land and buildings|**12,021**|10,345|
|**Cash**|**23,833**|14,382|
|**Group investments at31August**<br>**2022**|**259,841**|264,859|
|Investmentinsubsidiaries|**3**|3|
|**Company investments at31August**<br>**2022**|**259,844**|264,862|



|Holdings at the year-end comprising more than 5%|ofthe total are:||
|---|---|---|
||**2022**|2021|
||£|£|
|COIF Charities Investment Fund|**258,493**|263,511|





## 

|**DEBTORS**||||||
|---|---|---|---|---|---|
|||**Group**||**Company**||
||**2022**||2021|**2022**|2021|
||£||£|£|£|
|School fees receivable|**12,998**||318,351|**12,998**|318,351|
|Tradedebtors|**164,556**||42,231||26,839|
|Otherdebtors|**53,285**||16,969|**15,603**|16,725|
|Prepayments and accruedincome|**242,030**||516,960|**240,756**|436,773|
|Amountsduenetfrom subsidiary||||**303,009**|3,099,669|
|companies||||||
||**472,869**||894,511|**572,366**|3,898,357|



## 

|||**Group**|**Company**|**Company**|
|---|---|---|---|---|
||**2022**|<br>2021|**2022**|2021|
||£|<br>£|£|£|
|Bank loans and overdrafts (note 18)|**3,006,058**|<br>2,540,000|**3,006,058**|2,540,000|
|Tradecreditors|**535,379**|<br>542,453|**508,159**|485,392|
|Taxation and social security|**161,183**|<br>152,615|**161,183**|143,819|
|Othercreditors|**163,597**|<br>300,475|**162,397**|281,082|
|Corporationtaxcreditor|**1,000**|<br>1,000|||
|Accruals|**105,322**|<br>771,254|**105,322**|649,755|
|Deferred income:|||||
|Fees inAdvanceScheme(note 19)|**1,291,939**|<br>1,100,928|**1,291,939**|1,100,928|
|Fees in advanceofthe term|**1,303,580**|1,130,003|**1,303,580**|1,130,003|
|Deposits from parents|**540,212**|491,169|**540,212**|491,169|
||**7,108,270**|7,029,897|**7,078,850**|6,822,148|



## 

|**REDITORS: amounts falling due after one year**<br>**{Group and Company)**|||
|---|---|---|
||**2022**|2021|
||£|£|
|Bankloans and overdrafts (note18)|**2,358,953**|2,000,000|
|Otherloans|**300,000**||
|FeesinAdvanceScheme{note19)|**1,509,279**|1,393,417|
|Finance leases|**90,422**||
||**4,258,654**|3,393,417|





## 

|**BANK LOANS (Group and Company)**|||
|---|---|---|
||**2022**|2021|
||£|£|
|The bank loans are repayableininstalments as follows:|||
|Due within 2 to 5 years|**2,401,402**|1,799,996|
|Due within 1 to 2 years|**257,551**|200,004|
|Amounts falling due after one year|**2,658,953**|2,000,000|
|Amounts falling due within one year|**3,006,058**|2,540,000|
||**5,665,011**|4,540,000|



## 

|**Group and Company**|**2022**|2021|
|---|---|---|
||£|£|
|After 5 years|**81,145**|145,741|
|Within 2 to 5 years|**797,255**|638,550|
|Within 1 to 2 years|**630,879**|609,126|
|Amounts falling due after one year|**1,509,279**|1,393,417|
|Amounts falling due within one year|**1,291,939**|1,100,928|
||**2,801,218**|2,494,345|





## 

|**Summaryofmovementinliability (Group and Company)**|**Summaryofmovementinliability (Group and Company)**||
|---|---|---|
||**2022**|2021|
||£|£|
|Balance at 1 September 2021|**2,494,345**|2,268,955|
|Newcontracts for Fees in Advance|**1,406,133**|1,340,161|
|RepaymentsofFeesinAdvance|**(20,934)**|(48,748)|
|Amounts used to pay the School's fees|**(1,078,326)**|(1,066,023)|
|**Balance at31August 2022**|**2,801,218**|2,494,345|



## 

||**2022**|2021|
|---|---|---|
||£|£|
|Within 1 year|**125,577**|69,103|
|Within 2 to 5 years|**142,929**|97,586|
||**268,506**|166,689|
|21.**SHARE CAPITAL**|||
||**2022**|2021|
||£|£|
|**Authorised**|||
|100 Ordinary Sharesof£1each|**100**|100|
|**Allotted, calledupand fully paid**|||
|100 Ordinary Sharesof£1each|**100**|100|



## 

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## 

## 



## 

## 

## 

## 

## 

## 

## 

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## 

## 



## 

|||||**Total**|Total|
|---|---|---|---|---|---|
|**Group**|**Unrestricted**|**Restricted**|**Endowed**|**2022**|2021|
||£|£|£|£|£|
|Tangible fixed assets|17,504,474|||**17,504,474**|14,949,647|
|Securities investments|4,877||254,964|**259,841**|264,859|
|Netcurrent<br>(liabilities )/assets|(5,480,225)|458,710||**(5,021,515)**|(3,632,054)|
|Long term liabilities|(4,258,654)|||**(4,258,654)**|(3,393,417)|
||7,770,472|458,710|254,964|**8,484,146**|8,189,035|
|||||**Total**|Total|
|**Company**|Unrestricted|Restricted|Endowed|**2022**|2021|
||£|£|£|£|£|
|Tangible fixed assets|17,462,264|||**17,462,264**|12,253,949|
|Securities investments|4,880||254,964|**259,844**|264,862|
|Net current<br>(liabilities )/assets|(5,361,218)|458,710||**{4,902,508)**|(440,613)|
|Long term liabilities|(4,258,654)|||**(4,258,654)**|(3,393,417)|
||7,847,272|458,710|254,964|**8,560,946**|8,684,781|





## 

## 

||**At 1 Sept**||||**Gains/**|**At31Aug**|
|---|---|---|---|---|---|---|
||**2021**|**Income**|**Expenditure**|**Transfer**|**(losses)**|**2022**|
||£||||£|£|
|**Endowed**|||||||
|Egerton Society|239,964|5,000||||**244,964**|
|Expendable Endowment||10,000||||**10,000**|
|**Total Endowment**|239,964|15,000||||**254,964**|
|**Restricted Funds**|||||||
|Nigel Halfpenny Fund|44,951|||(3,225)||**41,726**|
|Arthur Disney Fund|114,009||{30,896)|{14,009)||**69,104**|
|Southern Woodard|306,563|||(37,670)||**268,893**|
|Erasmus Grant|30,075||{15,542)|(3,696)||**10,837**|
|Rugby Scoreboard|1,311||(1,475)|164|||
|Pavilion|3,420||(10,562)|7,142|||
|Coronavirus Hardship|57,735|29,221|(94,792)|51,294||**43,458**|
|Pittaway Music Fund||25,000|(308)|||**24,692**|
||558,064|54,221|(153,575)|||**458,710**|
|**General reserves**|7,391,007|13,661,752|**(13,277,269)**||**(5,018)**|**7,770,472**|
|**Total Funds**|8,189,035|13,730,973|**(13,430,844)**||**(5,018)**|**8,484,146**|
|24.**SUMMARY OF MOVEMENTS ON**||**FUNDS (Company)**|||||
||**At1 Sept**||||**Gains/**|**At31Aug**|
||**2021**|**Income**|**Expenditure**|**Transfer**|**(losses)**|**2022**|
||£||||£|£|
|**Endowed**|||||||
|Egerton Society|239,964|5,000||||**244,964**|
|Expendable Endowment||10,000||||**10,000**|
|**Total Endowment**|239,964|15,000||||**254,964**|
|**Restricted Funds**|||||||
|Nigel Halfpenny Fund|44,951|||(3,225)||**41,726**|
|Arthur Disney Fund|114,009||(30,896)|(14,009)||**69,104**|
|Southern Woodard|306,563|||(37,670)||**268,893**|
|Erasmus Grant|30,075||(15,542)|{3,696)||**10,837**|
|Rugby Scoreboard|1,311||(1,475)|164|||
|Pavilion Clocktower|3,420||(10,562)|7,142|||
|Coronavirus Hardship|57,735|29,221|(94,792)|51,294||**43,458**|
|Pittaway Music Fund||25,000|(308)|||**24,692**|
||558,064|54,221|{153,575)|||**458,710**|
|**General reserves**|7,886,753|13,418,586|**(13,453,049)**||**(5,018)**|**7,847,272**|
|**Total Funds**|8,684,781|13,487,807|**(13,606,624)**||**(5,018)**|**8,560,946**|





## 

|**CAPITAL COMMITMENTS**|||
|---|---|---|
|At31August 2022, the Group had capital commitments as follows:|**2022**|2021|
||£|£|
|Expenditure contracted for but not providedinthe accounts|**970,476**|102,539|



## 

## 



## 

## 

## 

## 

## 

|**NET DEBT RECONCILIATION**||
|---|---|
||£|
|Balance as at 1 September|4,540,000|
|Repaymentofbank loan|(84,988)|
|Newborrowings taken|1,210,000|
|**Balanceasat31August 2022**|**5,665,012**|



## 

|**RECONCILIATION OF NET CASH PROVIDED BY OPERATIONS**|||
|---|---|---|
||**2022**|2021|
||£|£|
|**Net income/{expenditure) for the period (as per the Statement**|**295,111**|(507,686)|
|**of Financial Activities)**|||
|**Adjustments for**|||
|Depreciation charges|**703,466**|666,658|
|Losses on disposalofassets|**173,999**||
|Losses/(gains) on investments|**5,018**|(46,022)|
|Dividends, interest and rents from investments|**{1,672)**||
|Financing costs|**183,789**|69,090|
|Decrease/(increase)_in_debtors|**421,642**|(386,616)|
|(Decrease )/increaseincreditors|**{310,612)**|655,610|
|**Net cash provided by operating activities**|**1,470,741**|451,034|





## 

|**ANALYSISOFCASH AND CASH EQUIVALENTS**|||
|---|---|---|
||**2022**|2021|
||£|£|
|Cashinhand and at bank|**1,613,886**|2,503,332|
|**Total cash and cash equivalents**|**1,613,886**|2,503,332|



## 

## 

## 

## 

## 



## 

## 

|**Yearended31August 2021**|||||
|---|---|---|---|---|
||**Unrestricted**|**Restricted**|**Endowed**|**Total**|
||**Funds**|**Funds**|**Funds**|**2021**|
||£|£|£|£|
|**Income and endowments**|||||
|**from:**|||||
|**Charitable Activities**|||||
|School fees receivable|10,197,872|||**10,197,872**|
|Ancillary trading income|663,808|||**663,808**|
|**Job Retention Scheme Grant**|248,209|||**248,209**|
|**Other trading activities**|||||
|Non-ancillary trading income|190,590|||**190,590**|
|**Investments**|||||
|Bank and other interest|153|||**153**|
|**Other**- **Grants and**|||||
|**donations**|||||
|Grants and donations|30,661|68,574|6,001|**105,236**|
|**TOTAL INCOME**|11,331,293|68,574|6,001|**11,405,868**|
|Expenditure on:|||||
|**Raising funds**|||||
|Non-ancillary trading|759,843|||**759,843**|
|Financing costs|331,866|||**331,866**|
|**Charitable Activities**|||||
|Education and grant making|10,867,867|||**10,867,867**|
|**TOTAL EXPENDITURE**|11,959,576|||**11,959,576**|
|Net gainsoninvestment<br>assets|46,022|||**46,022**|
|**Net income/(expenditure)**|(582,261)|68,574|6,001|**(507,686)**|
|Transfer between funds|||||
|**Net Movementinfunds for**<br>**the year**|(582,261)|68,574|6,001|**(507,686)**|
|Fund balances at 1 September|7,973,268|489,490|233,963|**8,696,721**|
|**Fund balances at31August**|**7,391,007**|**558,064**|**239,964**|**8,189,035**|