2022-08-31-accounts

CONTENTS - Annual Report ofthe Directors	Page
Section A - Key Information
Legal and Administrative Information	1-3
Objectives, Construct and Aims	4
Structure, Governance and Management	4-7
Principal Risks	8
Section B — Financial Review
Statement of Financial Activities	9
Balance Sheet	9
Statement of Cash Flows	10
Reserves, investment policy and financial factors	10
Statement of Directors Responsibilities	11-13
Annex A - Energy Data	14
Annex B - The Schools Strategic and Operahonal Pans	15-16
Annex C - Employment, Communication and Training	17-19
Independent Auditor’s Report	20-23
Statement of Financial Activities	24
Balance Sheet	25
Statement of Cash Flows	26-27
Notes to the Financial Statements	28-49

		2021-22	2020-21	2019-20
			(restated)
Energy use (kWh)		3,984,556	4,480,298	3,935,631
Associated		730,411	847,930	770,588
Greenhouse	gas
emissions	(Tonnes
CO2 equivalent)
Intensity	ratio	460	575	517
Emissions per	pupil

		Unrestricted	Restricted		Total	Total
	Note	Funds	Funds		2022	2021
INCOME		£‘OOO	£‘OOO		£‘OOO	£‘OOO
Income from:
Donations and legacies	6	211	-		211	237
Investments	5	21	-		21	3
Ancillary trading income	4	1,147	-		1,147	908
Charitable activities	3	16,857		-	16,857	15,455
Total Income		18,236	-		18,236	16,603
EXPENDITURE
Charitable activities		17,388	12		17,400	15,460
Total Expenditure	7	17388	12		17A00	15460
Net School Income forthe year
before transfers		848	(12)		836	1,143
Transfers between funds	19	-	-		-	-
Nel movement in funds		848	(12)		836	1,143
Total funds brought forward		17,311	96		17,407	16,264
Total funds carried forward	21	18,159	84		18,243	17,407

	Note	2022	2022	2021	2021
		£‘OOO	£‘OOO	£‘OOO	£‘OOO
Fixed assets
Tangible assets	10		20905		19246
Current assets
Debtors	12	558		548
Cash at bank and in hand		4,493		4,185
		5,051		4733
Creditors: Amounts falling due within
one year	13
Loans		(200)		(200)
Other		(4,503)		(3,330)
Net current assetsl(liabilities)			348		1,203
Total assets less current liabilities			21,253		20,449
Creditors: Amounts falling due after
more than one year	14		(3,010)		(3,042)
Net assets			18,243		17,407
Funds
Unrestricted general funds	20		18,159		17,311
Restricted funds	19		84		96
Total charity funds			18,243		17,407

TATEMENT OF CASH FLOWS
	2022	2021
	£‘OOO	£000
Cash flows from operating activities:
Net movement in funds	836	1,143
Adjusted for:
Depreciation	790	770
Interest payable	69	74
Interest receivable	(21)	(3)
(Increase)/decrease in trade and other receivables	(9)	(101)
Increase/(decrease) in trade and other payables	1,093	9
(Decrease) in pension debt provision	(55)	(116)
Net cash inflow from operating activities	2,703	1,776
Cash flows from investing activities
Purchase of tangible fixed assets	(2,134)	(251)
Interest received	21	3
Net cash outflows from investing activities	(2,113)	(248)
Cash flows from financing activities
Repayments of amounts borrowed	(200)	(348)
Repayments offinance lease	(13)	-
Interest paid	(69)	(74)
Netcash outflows from financing activities	(282)	(422)
Net increase in cash & cash equivalents	308	1,106
Opening cash & cash equivalents	4185	3,079
Closing cash & cash equivalents	4,493	4,185
Movement in cash & cash equivalents	308	1,106

		Ati
		September	Cash	At 31 August
		2021	flow	2022
		£000	£000	£000
Cash	at bank	4185	308	4493
Bank	loan due in less than one year	(200)	-	(200)
Bank	loan due in greater than one year	(2,150)	200	(1,950)
		1,835	508	2,343

3. CHARITABLE ACTIVITIES — FEES RECEIVABLE
2022	2021
£‘OOO	£1300
Fees receivable consist of:
School fees 18,527	17242
Less: total bursaries, scholarships and Covidl9 fees rebate (1,670)	(1787)
16857	15,455
Add back: Bursaries and other awards paid for by restricted funds -
16,857	15,455
Bursaries, scholarships and other awards were paid to 236 pupils (2021: 234). Within	this
means-tested bursaries totalling £1,068k were paid to 100 pupils (2021: £1,069k to 106pupils).

. CHARITABLE ACTIVITIES — OTHER INCOM	E
	2022	2021
	£‘OOO	£000
Catering fees	962	646
Entrance and registration fees	42	36
After school and other clubs	101	68
Income from CHS Enterprises	32	68
CJRS income	0	70
Other income	10	19
	1,147	907

5.	INVESTMENT INCOME
		Total	Total
		2022	2021
		£‘OOO	£‘OOO
Bank	interest	21	3
		21	3

6. GRANTS AND DONATIONS RECEIVABLE	6. GRANTS AND DONATIONS RECEIVABLE	6. GRANTS AND DONATIONS RECEIVABLE
	Unrestricted	Restricted	Endowment	Total
	Funds	Funds	Funds	2022
	£000	£000	£000	£1000
Grants received for Bursaries
from:
OHS 150°’ Anniversary Bursary	150	-	-	150
Trust
Oglesby Trust	10	-	-	10
STEM and ART bursary	47	-	-	47
donations
Peter Kershaw income	4	-	-	4
	211	-	-	211

	Unrestricted	Restricted	Endowment	Total
	Funds	Funds	Funds	2021
	£000	£000	£000	£‘OOO
Grants received for Bursaries
from:
OHS 150°’ Anniversary	150	-	-	150
Bursary Trust
Specific students	10	-	-	10
Oglesby Trust	71	-	-	71
STEM and ART bursary	5	-	-	5
donations
Peter Kershaw income	-	1	-	1
	236	1	-	237

		Staff		2022
		Costs	Other	Total
		£‘OOO	£‘OOO	£1000
Charitable	expenditure	12,823	4,577	17,400
		Staff		2021
		Costs	Other	Total
		£‘OOO	£‘OOO	£‘OOO
Charitable	expenditure	11,667	3,793	15,460

Total expenditure are s	tated after charging:
		2022	2021
		£000	£‘OOO
Depreciation		790	770
Auditor’s remuneration	- audit	12	11
	- non-audit (otherassurance services)	2	2

NOTES	TO THE FINANCIAL STATEMENTS IC	ontinued
8.	STAFF COSTS
		2022	2021
		£‘OOO	£‘OOD
Staff costs were as follows:-
Salaries		9,919	9,043
Social security costs		1,008	903
Pension	costs	1,834	1,673
Private medical insurance		61	48
		12,822	11,667

The average number of employees in the year analy	sed by function was:
	2022	2021
	No	No
Teachers	169	159
Fund raising and publicity	6	5
Management and administration	141	144
	316	308

Emoluments include salary, taxable bene	fits in kind and other payment	s to emplo
	2022	2021
	No	No
£70,000 to £79,999	4	4
£80,000 to £89,999	2	1
£90,000 to £99,999	-	1
£100,000totlOg,999	1	-
£110,000tofll9,999	-	-
£130,000 to £139,999	-
£150,000toEl59,999	1	-

12. DEBTORS
	2022	2021
	£‘OOO	£000
School debtors	59	7
Prepayments and accrued income	442	459
Amounts owed by associated undertakings	2	33
Other debtors	55	50
	558	549

13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE Y	EAR
	2022	2021
	£‘OOO	£‘OOO
Bank loans (note 15)	200	200
	200	200
Trade creditors	936	398
School fees in advance (note 17)	2,136	2,120
Other taxation and Social Security	249	228
Other creditors	379	292
Accruals	430	119
Sundry School pupils accounts	46	24
Cheadle Hulme School 150th Anniversary Bursary Trust Fund	160	30
Pension deficit provision (note 16)	104	119
Obligations under finance leases	63	-
	4,503	3,330

14. CR	EDITORS: AMOUNTS FALLING DUE AFT	ER MORE THAN ONE YE	AR
		2022	2021
		tacO	£000
Bank loans	— secured (note 15)	1,950	2,150
School fees	paid in advance (note 17)	17	47
Pension deficit provision (note 16)		804	844
Obligations	under finance leases	239	-
		3,010	3,041

Loans are repayable as follows:
	2022	2021
	£‘OOO	£‘OOO
In one year or less	200	200
Between one and two years	200	200
Between two and five years	1,750	1,950
In five years or more	-	-
	2,150	2,350

balance sheet date the estimated discounted employer deficit	is detailed below.
	2022	2021
	£000	£‘OOO
Pension deficit provision as at 1 September 2021	963	1,079
Deficit contributions paid	(111)	(117)
Remeasurement of defined benefit pension	55	1
Pension deficit provision as at 31 August 2022	901	963
Less: amount due within one year	(104)	(119)
	803	844
17. CREDITORS: DEFERRED INCOME
		2022
		£‘OOO
At 1 September 2021		2,167
Received during the year		1,679
Discounts given during the year Released to income for the year		2 (1,695)
At 31 August 2022		2,153

		2022	2021
		£000	£000
Financial	assets measured at amortised cost (a)	4.552	4,192
Financial	liabilities measured at amortised cost(b)	3,752	2,810

19. RESTRICTED	FUNDS
	Balance				Balance
	1 September				31 August
	2021	Income	Expenditure	Transfers	2022
	£‘OOO	£‘OOO	£000	£000	£‘OOO
Hardship fund	69	-	-	-	69
Music and Languages
Fund	18	-	(8)	-	10
Specific student funds	9	-	(4)	-	5
	96	-	(12)	-	84

	Balance				Balance
	1 September				31 August
	2020	Income	Expenditure	Transfers	2021
	£000	£‘OOO	£‘OOO	£‘OOO	£000
Hardship fund	101	1	(33)	-	69
Music and languages
fund	18	-	-	-	18
Specific student funds	26	-	(17)	-	9
	145	1	(50)	-	96

		Balance					Balance
	1	September				31	August
		2021	Income	Expenditure	Transfers		2022
		£‘OOO	£‘OOO	£‘OOO	£‘OOO		£‘OOO
General		17311	18,236	(17,388)	-		18,159
		17311	18,236	(17,388)	-		18,159

	Balance				Balance
	1 September				31 August
	2020	Income	ExpenditureTransfers		2021
	£‘OOO	£000	£‘OOO	£‘OOO	£‘OOO
General	16,119	16,602	(15,410)	-	17311
	16,119	16,602	(15,410)	-	17,311
21.	ANALYSIS OF NET	ASSETS BETWEEN FUNDS

21. ANALYSIS OF	NET ASSETS BET	WE	EN FUNDS
2022			Net Current
	Tangible		Assets/	Long-Term	2022
	Fixed Assets		(Liabilities)	liabilities	Total
	£‘OOO		£‘OOO	£‘OOO	£‘OOO
Restricted Funds	-		84	-	84
Unrestricted Funds	20905		264	(3,010)	18,159
	20,905		348	(3,010)	18,243
2021			Net Current
	Tangible		Assets/	Long-Term	2021
	Fixed Assets		(Liabilities)	liabilities	Total
	£000		£‘OOO	£1000	£000
Restricted Funds	-		96	-	96
Unrestricted Funds	19,246	-	1,107	(3042)	17,311
	19,246		1,203	(3,042)	17,407

At 31 August 2022 the School had annual commitm issues:	ents under non-cancellable op	erating
	Land and	buildings
	2022	2021
	£‘OOO	£‘OOO
Operating leases which expire:
Within one year	60	61
Within two to five years	-	60
	60	121

		Unrestricted	Restricted	Restricted	Total
	Note	Funds	Funds		2021
INCOME		£000	£‘OOO		£‘OOO
Income from:
Donations and legacies	6	236		1	237
Investments	5	3		-	3
Ancillary trading income	4	908		-	908
Charitable activities	3	15455			15,455
Total Income		16,602		1	16,603
EXPENDITURE
Charitable activities		15,410		50	15,460
Total Expenditure	7	15,410		50	15,460
Net School Income forthe year
before transfers		1,192		(49)	1,143
Transfers between funds	19	-		-	-
Net movement in funds		1,192		(49)	1,143
Total funds brought forward		16,119		145	16,264
Total funds carried forward	21	11,311	—_____	96	17,407