2022-07-31-accounts - The Collegiate School Bristol

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`ReportoftheGovernorsfortheyearended31July2022`
`StatementofTrustees’responsibilitiesinrespectofthereportofthegovernorsandthefinancialstatements`
`Independentauditor’sreporttothemembersofTheCollegiateSchoolBristol(formerlyColston'sSchool)`	`10`
`Consolidatedstatementoffinancialactivities(includingincomeandexpenditureaccount)`	`14`
`Charitystatementoffinancialactivities(includingincomeandexpenditureaccount)`	`15`
`ConsolidatedBalanceSheet`	`16`
`CharityBalanceSheet`	`17`
`ConsolidatedCashFlowStatement`	`18`
`Notes`	`19`

`Headmaster`	`JMcCullough`
`DeputyHead`	`PHill`
`HeadoftheLowerSchool`	`DEdwards`
`FinanceDirector`	`EJennings`
`FacilitiesDirector`	`SCrossman`
`Bankers`	`HSBCBankplc,CabotCircus.Bristol,BS13BA`
`Auditor`	`SafferyChampnessLLP,StCatherine’sCourt,BerkeleyPlace,Bristol,BS81BQ`
`Solicitors`	`VealeWasbroughVizards,NarrowQuayHouse,NarrowQuay,BristolBS140A`
`InvestmentManagers`	`EvelynPartners,PortwallPlace,PortwallLane,Bristol,BS16NA`

16 February 2023

		`General`	`Restricted`	`Expendable`	`Other`	`Total`	`Total`
		`Funds`	`Endowment`	`Endowment_`	`Restricted`	`2022`	`2021`
		`£`	`£`	`£`	`£`	`£`	`£`
`Income`
`Donationsandlegacies`	`2`	`11,112`	`-`	`19,375`	`297,744`	`328,231`	`443,738`
`Incomefromcharitableactivities:`
`Schoolfees`	`3`	`9,688,501`	`-`	`-`	`-`	`9,688,501`	`8,864,538`
`Otherancillaryincome`	`4`	`167,455`	`-`	`-`	`-`	`167,455`	`105,734`
`Incomefromothertradingactivities:`
`Tradingincome`		`81,612`	`-`	`-`	`-`	`81,612`	`29,751`
`Investmentincome`	`5`	`-`	`72,205`	`145,481`	`-`	`217,686`	`208,434`
`Totalincome`		`9,948,680`	`72,205`	`164,856`	`297,744`	`10,483,485`	`9,652,195`
`Expenditure`
`Costsofraisingfunds:`
`Tradingcosts`	`7`	`2,816`	`-`	`-`	`-`	`2,816`	`17,457`
`Fundraisingcosts`	`7`	`-`	`-`	`20,848`	`-`	`20,848`	`26,190`
`Expenditureoncharitableactivities:`
`Education`	`7`	`9,501,387`	`-`	`-`	`292,382`	`9,793,769`	`8,891,694`
`Depreciation`	`7`	`107,189`	`556,401`	`-`	`2,767`	`666,357`	`659,549`
`Administrativecosts`	`7`	`.`	`-`	`8,063`	`-`	`8,063`	`-`
`Totalexpenditure`	`7`	`9,611,392`	`556,401`	`28,911`	`295,149`	`10,491,853`	`9,594,890`
`Netincome/(expenditure)before`
`transfers`	`6`	`337,288`	`(484,196)`	`135,945`	`2,595`	`(8,368)`	`57,305`
`Transfers`	`16`	`299,666`	`(72,205)`	`(227,461)`	`-`	`-`	`-`
`Netincome` `/(expenditure)`		`636,954`	`(556,401)`	`(91,516)`	`2,595`	`(8,368)`	`57,305`
`Unrealisedgain/(loss)onrevaluation`
`ofinvestmentproperties`	`11`	`-`	`360,000`	`-`	`-`	`360,000`	`-`
`Realisedgain/(loss)oninvestmentassets`		`-`	`=`	`86,996`	`-`	`86,996`	`149,135`
`Unrealisedgain/(loss)oninvestment`
`assets`	`11`	`-`	`-`	`(421,136)`	`(44)`	`(421,180)`	`802,499`
`Netmovementinfunds`		`636,954`	`(196,401)`	`(425,656)`	`2,551`	`17,448`	`1,008,939`
`Fundbalancesbrought forward`		`6,166,644`	`7,887,275`	`6,008,518`	`67,369`	`20,129,806`	`19,120,867`
`Fundbalancecarriedforward`		`6,803,598`	`7,690,874`	`5,582,862`	`69,920`	`20,147,254`	`20,129,806`

`Fortheyearended31July2022`
	`Note`	`General`	`Restricted`	`Other`	`Total`	`Total`
		`Funds`	`Endowment`	`Restricted`	`2022`	`2021`
		`£`	`£`	`£`	`£`	`£`
`Income`
`Donations` `andlegacies`	`2`	`11,112`	`.`	`551,374`	`562,486`	`551,175`
`Incomeoncharitableactivities:`
`Schoolfees`	`3(a)`	`9,842,131`	`-`	`-`	`9,842,131`	`8,998,413`
`Otherancillaryincome`	`4`	`167,455`	`-`	`.`	`167,455`	`105,734`
`Incomefromothertradingactivities:`
`Tradingincome`		`81,612`	`-`	`-`	`81,612`	`29,751`
`Investmentincome`	`5`	`-`	`72,205`	`-`	`72,205`	`63,596`
`Totalincome`		`10,102,310`	`72,205`	`551,374`	`10,725,889`	`9,748,669`
`Expenditure`
`Costsofraisingfunds:`
`Tradingcosts`	`¥`	`2,816`	`.`	`-`	`2,816`	`17,457`
`Fundraisingcosts`	`7`	`-`	`-`	`-`	`-`		`-`
`Expenditureoncharitableactivities:`
`Education(excludingdepreciation&`	`7`	`9,527,559`	`-`	`446,012`	`9,973,571`	`9,036,318`
`refurbishmentcosts)`
`Depreciation`	`7`	`91,838`	`556,401`	`18,118`	`666,357`	`659,549`
`Totalexpenditure`	`7`	`9,622,213`	`556,401`	`464,130`	`10,642,744`	`9,713,324`
`Netincome/(expenditure)before`	`6`	`480,097`	`(484,196)`	`87,244`	`83,145`	`35,345`
`transfers`
`Transfers`	`16`	`72,205`	`(72,205)`	`-`	`-`		`-`
`Netincome/(expenditure)beforeother`
`recognisedgainsandlosses`		`552,302`	`(556,401)`	`87,244`	`83,145`	`35,345`
`Unrealisedgain/(loss)onrevaluation`
`ofinvestmentproperties`	`11`	`-`	`360,000`	`-`	`360,000`		`-`
`Gainoninvestmentassets`	`11`	`-`	`-`	`(44)`	`(44)`	`565`
`Netmovementinfunds`		`552,302`	`(196,401)`	`87,200`	`443,101`	`35,910`
`Fundbalancesbroughtforward`		`5,948,928`	`7,887,275`	`285,088`	`14,121,291`	`14,085,381`
`Fundbalancecarriedforward`		`6,501,230`	`7,690,874`	`372,288`	`14,564,392`	`14,121,291`

	`Note`		`2022`		`2021`
`Fixedassets`
`Permanentendowment`			`5,030,874`		`5,587,275`
`Otherassets`			`9,291,234`		`8,376,790`
`Tangibleassets`	`10`		`14,322,108`		`13,964,065`
`Investments:`	`il`
`Permanentendowment`			`2,660,000`		`2,300,000`
`Expendableendowment`			`4,816,510`		`5,253,343`
			`21,798,618`		`21,517,408`
`Currentassets`
`Stocks`	`12`	`5,711`		`5,533`
`Debtors`	`13`	`475,025`		`408,487`
`Cashatbankandinhand`		`1,821,475`		`2,488,799`
		`2,302,211`		`2,902,819`
`Creditors:amountsfallingduewithinoneyear`	`14`	`(2,921,932)`		`(2,909,795)`
`Netcurrent(liabilities)`			`(619,721)`		`(6,976)`
`Totalassetslesscurrentliabilities`			`21,178,897`		`21,510,432`
`Creditors:amountsfallingdueaftermorethan`			`(1,031,643)`		`(1,380,626)`
`oneyear`	`15`
`Totalnetassets`			`20,147,254`		`20,129,806`
`Representedby:`
`Unrestrictedgeneralfunds`			`6,803,598`		`6,166,644`
`Restrictedfunds`	`16a)`		`69,920`		`67,369`
`Restrictedfunds— permanentendowment`	`16b)`		`7,690,874`		`7,887,275`
`Restrictedfunds— expendableendowment`	`16c)`		`5,582,862`		`6,008,518`
`Totalfunds`	`17`		`20,147,254`		`20,129,806`

		`Note`			`2022`	`2021`
`Fixedassets`
`Permanentendowment`					`5,030,874`	`5,586,920`
`Otherassets`					`9,291,234`	`8,377,145`
`Tangibleassets`		`10`			`14,322,108`	`13,964,065`
`Investments:`		`11`
`Securitiesandotherinvestments`					`3,975`	`4,019`
`Investmentproperty`					`2,660,000`	`2,300,000`
					`16,986,083`	`16,268,084`
`Currentassets`
`Stocks`		`12`	`5,711`		`5,533`
`Debtors`		`13`	`427,847`		`351,944`
`Cashatbankand`	`inhand`		`1,742,075`		`2,345,606`
`Creditors:amountsfallingduewithinoneyear`		`14`	`2,175,633` `(2,880,262)`		`2,703,083` `(2,885,000)`
`Netcurrent(liabilities)`					`(704,629)`	`(181,917)`
`Totalassetsless`	`currentliabilities`				`16,281,454`	`16,086,167`
`Creditors:amountsfallingdueaftermorethan`
`oneyear`		`15`			`(1,717,062)`	`(1,964,876)`
`Totalnetassets`					`14,564,392`	`14,121,291`
`Representedby:`
`Unrestrictedgeneralfunds`					`6,501,230`	`5,948,928`
`Restrictedfunds`		`16(a)`			`372,288`	`285,088`
`Restrictedfunds`	`-endowment`	`16(b)`			`7,690,874`	`7,887,275`
`Totalfunds`		`17`			`14,564,392`	`14,121,291`
	`statementswereapprovedbytheGovernorsonSi]`			`LZ.`	`3.andweresignedonits`	`behalfby:`

	`2022`
	`£`
`Cashflowsfromoperatingactivities`
`Netexpenditurefortheyear`	`(8,368)`	`57,305`
`Adjustmentsfor:`
`Depreciation,amortisationandimpairment` `Investmentincome`	`666,357` `(217,686)`	`659,549` `(238,430)`
`Interestpayableandsimilarcharges`
	`440,303`	`478,424`
`Increaseintradeandotherdebtors`	`(66,538)`	`67,589`
`(Increase)/ decreaseinstocks`	`(178)`	`(949)`
`(Decrease)/ increaseintrade and othercreditors`	`120,617`	`155,613`
`(Decrease)inpaymentoffeesinadvance`
`Increase/ (decrease)inadvancepaymentoffees`	`(449,554)`	`217,744`
`Netcashfromoperatingactivities`	`44,650`	`918,421`
`Cashflowsfrominvestingactivities`
`Proceedsfromsalesofinvestments` `Acquisitionofinvestments` `Acquisitionoftangiblefixedassets`	`296,426` `(193,778)` `(1,024,399)`	`760,986` `(831,623)` `(249,094)`
`Investmentincome:`
`Incomefrominvestmentportfolio`	`145,467`	`174,830`
`Rentalincome` `Interestreceived`	`72,205` `14`	`63,596` `4`
`Netcashfrominvestingactivities`	`(704,065)`	`(81,301)`
`Cashflowsfromfinancingactivities`
`Interestpaid`
`Increase/ (decrease)inloanfinance`	`(7,909)`	`50,000`
`Netcashfromfinancingactivities`	`(7,909)`	`50,000`
`Netincrease/ (decrease)incashandcashequivalents` `Cashandcashequivalentsat1 August2021`	`(667,324)` `2,488,799`	`887,120` `1,601,679`
`Cashandcashequivalentsat31 July2022`	`1,821,475`	`2,488,799`


`Consolidated`	`2022`	`2021`
	`£`	`£`
`Individuals`	`19,475`	`26,543`
`Governmentgrants`		`81,395`
`Charitablefoundations`	`308,756`	`335,800`
	`328,231`	`443,738`
`School`
`Individuals`	`100`	`100`
`Governmentgrants`		`81,395`
`Charitablefoundations`	`562,386`	`469,680`
	`562,486`	`551,175`

`a)Schoolfeeincome`
`Consolidated`	`2022`	`2021`
	`£`	`£`
`Grossfees`	`11,459,148`	`10,719,291`
`Less:Totalbursaries,grantsandallowances`	`(2,055,368)`	`(2,144,018)`
`Addback:Scholarships;grantsetcpaidbyrestrictedfunds`	`284,721`	`289,265`
`Netfeeincome`	`9,688,501`	`8,864,538`
`School`	`2022`	`2021`
	`£`	`£`
`Grossfees`	`11,459,148`	`10,719,291`
`Less:Totalbursaries,grantsandallowances`	`(2,055,368)`	`(2,144,018)`
`Addback:Scholarships;grantsetcpaidbyrestrictedfunds`	`438,351`	`423,140`
	`9,842,131`	`8,998,413`

`Consolidated`		`2021`
`Scholarships,grantsetc`	`284,721`	`289,265`
`Prizesandleavingawards`	`518`	`6,528`
`Netfeeincome`	`285,239`	`295,793`
`School`	`2022`	`2021`
	`£`	`£`
`Scholarships,grantsetc`	`438,351`	`423,140`
`Prizesandleavingawards`	`518`	`6,528`
	`438,869`	`429,668`
`Theabovescholarshipsandgrantsweremadeto69individuals(2021:72).`
`Otherancillaryincome`
`ConsolidatedandSchool`	`2022`	`2021`
		`£`
`Otherancillaryactivities`
`Schoolbus`	`75,835`	`48,881`
`Learningsupport`	`14,916`	`14,970`
`Tuckandwraparoundcare`	`76,704`	`41,883`
	`167,455`	`105,734`
`Investmentincome`
	`2022`	`2021`
		`£`
`Incomefrominvestments— expendableendowmentfund` `Incomefrominvestment— restrictedfund`	`145,467` `72,205`	`144,834` `63,596`
`Bankinterestreceived`	`14`	`4`
	`217,686`	`208,434`

`etincome/(expenditure)`
	`2022`	`2021`
`Netincomeisstatedaftercharging:`
`Auditor’sremuneration(excludingirrecoverableVAT)forauditservices— consolidated`	`19,600`	`16,500`
`Auditor’sremuneration(excludingirrecoverableVAT)forauditservices— schoolonly`	`17,400`	`14,500`
`Depreciationontangiblefixedassets`	`666,357`	`659,549`
`Paymentstodefinedbenefitpensionschemes`	`921,617`	`851,773`
`Paymentstodefinedcontributionpensionschemes`	`70,146`	`60,871`

`Consolidated`	`Note`
				`Depreciation`
				`£`
`Costofgeneratingfunds`
`Tradingcosts`
`Fundraisingcosts`			`20,848`
`ExpenditureonCharitable`
`activities`
`Teaching`		`6,096,523`	`362,719`		`6,459,241`	`6,283,295`
`Welfare`			`639,402`		`639,402`	`404,508`
`Premises`		`401,449`	`641,536`	`571,545`	`1,614,530`	`1,608,987`
`Grants,awardsandprizes`			`285,239`		`285,239`	`295,793`
`Supportcosts`		`643,549`	`731,415`	`94,812`	`1,469,776`	`958,660`
`2022`		`7,144,337`	`2,681,159`	`666,357`	`10,491,853`	`9,594,890`
`2021`		`6,646,954`	`2,288,387`	`659,549`	`9,594,890`
`School`	`Note`
				`Depreciation`
				`£`
`Costofraisingfunds`
`Tradingcosts`
`Fundraisingcosts`
`ExpenditureonCharitable`
`activities`
`Teaching`		`6,096,522`	`362,719`		`6,459,241`	`6,283,295`
`Welfare`			`639,405`		`639,405`	`404,508`
`Premises`		`401,449`	`667,706`	`571,545`	`1,640,700`	`1,619,737`
`Grants,awardsandprizes`			`438,869`		`438,869`	`429,668`
`Supportcosts`	`9`	`643,549`	`723,352`	`94,812`	`1,461,713`	`958,660`
`2022`		`7,144,336`	`2,832,051`	`666,357`	`10,642,744`	`9,713,325`
`2021`		`6,646,954`	`2,406,822`	`659,549`	`9,713,325`

	`2022`	`2021`
	`£`	`£`
`Wagesandsalaries`	`5,428,167`	`5,147,918`
`Socialsecuritycosts`	`562,216`	`504,519`
`Pensioncontributions`	`991,763`	`912,644`
`Agencystaffcosts`	`158,532`	`81,873`
	`7,140,678`	`6,646,954`

	`2022`	`2021`
	`£`	`£`
`Teaching`	`99`	`98`
`Administrativeandsupport`	`47`	`43`
`Welfare`	`15`	`14`
`Premises`	`11`	`11`
	`172`	`166`

			`2022`		`2021`
			`£`		`£`
`£120,000`	`to`	`£130,000`		`1`		`1`
`£80,000`	`to`	`£90,000`		`2`		`2`
`£60,000`	`to`	`£70,000`		`1`		`-`

							`2022`	`2021`
`Interestpayableandsimilarchargesincludedwithinsupportcosts (totalling£1,461,713)`							`£`	`£`
`Onloans`							`52,143`	`35,750`
`Totalinterestpayable`							`52,143`	`35,750`
`Bankcharges`							`4,136`	`4,329`
							`56,279`	`40,079`
`Tangiblefixedassets`
	`Long`		`Furniture`
	`leaseholdland`		`and`		`Motor`
	`andbuildings`		`equipment`		`Vehicles`			`Total`
		`£`		`£`	`£`			`£`
`Costorvaluation`
`At1 August 2021`	`22,143,602`		`2,431,951`		`22,000`			`24,597,553`
`Additions`	`998,236`		`26,164`			`-`		`1,024,400`
`At31 July2022`	`23,141,838`		`2,458,115`		`22,000`			`25,621,953`
`Accumulated`
`depreciation`
`At1 August2021`	`8,399,326`		`2,212,162`		`22,000`			`10,633,488`
`Chargefortheyear`	`571,545`		`94,812`			`-`		`666,357`
`At31July2022`	`8,970,871`		`2,306,974`		`22,000`			`11,299,845`
`Netbookvalue`
`At31July2022`	`14,170,967`		`151,141`			`-`		`14,322,108`
`At31July2021`	`13,744,276`		`219,789`			`-`		`13,964,065`
`Allofthepropertiescurrentlyutilisedby`			`theSchool(apartfromthecurrentCCF building`				`whichwas`	`rebuiltin2004)`
`weretransferredtotheCompanybyway`			`of125-yearleases`	`ata peppercornrent.Thefreeholdinterestscontinue`
`tobeheldbyMontpelierCollegiate`		`Trust`	`(formerlyColston’s`	`HospitalTrust).Thepropertieswere`				`valuedbyAlder`
`KinginaccordancewiththeRICSAppraisalandValuationStandardsinparticularin`						`accordance`		`withUKPractice`
`Statement1 andFinancialReporting`		`Standard15at31December2003,whentheleasesweregranted.` `Theyare`
`recordedatcost.Subsequentadditions havebeenrecordedatcost.`

`Investments`
`Consolidated`			`2022`			`2021`
		`Securities`			`Securities`
	`Investment`	`andother`		`Investment`	`andother`
	`properties`	`investments`	`Total`	`properties`	`investments`	`Total`
`At1 August`	`2,651,468`	`4,901,875`	`7,553,343`	`2,651,468`	`3,879,604`	`6,531,072`
`Additions`		`193,778`	`193,778`	`“`	`831,624`	`831,624`
`Disposals`		`(209,431)`	`(209,431)`	`-`	`(611,852)`	`(611,852)`
`Netrevaluationgain`	`360,000`	`(421,180)`	`(61,180)`	`-`	`802,499`	`802,499`
`At31July`	`3,011,468`	`4,465,042`	`7,476,510`	`2,651,468`	`4,901,875`	`7,553,343`
`Charity`			`2022`			`2021`
		`Securities`			`Securities`
	`Investment`	`andother`		`Investment`	`andother`
	`properties`	`investments`	`Total`	`properties`	`investments`	`Total`
				`Asrestated`		`Asrestated`
`At1 August`	`2,300,000`	`4,019`	`2,304,019`	`2,300,000`	`3,454`	`2,303,454`
`Netrevaluationgain`	`360,000`	`(44)`	`359,956`	`-`	`565`	`565`
`At31July`	`2,660,000`	`3,975`	`2,663,975`	`2,300,000`	`4,019`	`2,304,019`

`Consolidated`
	`2022`	`2021`
	`£`
`Feesreceivable— Gross`	`300,036`	`288,078`
`Baddebtprovision`	`(48,379)`	`(85,864)`
`Feesreceivable— Net`	`251,657`	`202,214`
`Prepaymentstosuppliersandaccruedincome`	`149,342`	`177,371`
`Otherdebtors`	`74,026`	`28,902`
	`475,025`	`408,487`
`School`
	`2022`	`2021`
`Feesreceivable— Gross` `Baddebtprovision`	`300,036` `(48,379)`	`288,078` `(85,864)`
`Feesreceivable— Net`	`251,657`	`202,214`
`Prepaymentstosuppliersandaccruedincome`	`106,097`	`126,141`
`Otherdebtors`	`70,093`	`23,589`
	`427,847`	`351,944`

`Consolidated`
	`2022`	`2021`
	`£`	`£`
`Tradecreditors`	`239,752`	`308,245`
`Taxationandsocialsecurity`	`146,335`	`131,230`
`Othercreditorsandaccruals`	`1,077,146`	`931,636`
`Refundabledeposits`	`288,245`	`259,750`
`Advancefeepayments(seenote15)`	`1,170,454`	`1,278,934`
	`2,921,932`	`2,909,795`
`School`
	`2022`	`2021`
	`£`	`£`
`Tradecreditors`	`239,752`	`308,245`
`Taxationandsocialsecurity`	`146,335`	`131,230`
`Othercreditorsandaccruals`	`1,035,476`	`906,841`
`Refundabledeposits`	`288,245`	`259,750`
`AdvanceFeepayments`	`1,170,454`	`1,278,934`
	`2,880,262`	`2,885,000`

	`2022`	`2021`
	`£`	`£`
`Advancefeepayments`	`489,552`	`830,626`
`LoanfromOldColstonianCharitableTrust`	`500,000`	`500,000`
`HMGBounceBackLoan`	`42,091`	`50,000`
	`1,031,643`	`1,380,626`
`School`	`2022`	`2021`
	`£`	`£`
`Advancefeepayments`	`489,552`	`830,626`
`LoanfromOldColstonianCharitableTrust`	`500,000`	`500,000`
`LoanfromTheHilborneFoundation`	`685,419`	`584,250`
`HMGBounceBackLoan`	`42,091`	`50,000`
	`1,717,062`	`1,964,876`

		`2022`	`2021`
		`£`	`£`
`More`	`than5 years`	`-`	`17,181`
`Within`	`2to5 years`	`187,697`	`328,134`
`Within`	`1to2 years`	`301,855`	`485,311`
		`489,552`	`830,626`
`Within`	`1year(note14)`	`1,170,454`	`1,278,934`
		`1,660,006`	`2,109,560`

`onsolidated`
		`Balanceat`				`Balanceat`
		`1August`			`Gains,losses`	`31July`
		`2021`	`Incoming`	`Outgoing`	`andtransfers`	`2022`
		`£`	`£`	`£`	`£`	`£`
`BursariesandScholarships`	`_`	`1,535`	`62,406`	`(58,765)`	`-`	`5,176`
`SocietyofMerchantVenturers`		`-`	`24,000`	`(24,000)`	`-`	`-`
`OldColstonianSociety`		`-`	`6,615`	`(6,615)`	`-`	`-`
`OldColstonianCharitableTrust`		`-`	`109,917`	`(109,917)`	`-`	`-`
`JohnJamesFoundation`		`-`	`30,000`	`(30,000)`	`-`	`-`
`RogerNewportFoundation`		`-`	`56,401`	`(56,401)`	`-`	`-`
`PrizeFund`		`2,760`	`2,119`	`(4,589)`	`(44)`	`246`
`Sundrydonations`		`-`	`1,995`	`(1,995)`	`-`	`-`
`MoDdonations`		`15,316`	`-`	`(804)`	`-`	`14,512`
`ParentsSocietydonations`		`23,201`	`4,291`	`-`	`-`	`27,492`
`LawnTennisAssociation`		`4,927`	`-`	`(100)`	`-`	`4,827`
`Theatreseats`		`19,630`	`-`	`(1,963)`	`“`	`17,667`
		`67,369`	`297,744`	`(295,149)`	`(44)`	`69,920`

`School`
	`Balanceat`				`Balanceat`
	`1August`			`Gains,losses`	`31 July`
	`2021`	`Incoming`	`Outgoing`	`andtransfers`	`2022`
	`£`	`£`	`£`	`£`	`£`
`BursariesandScholarships`	`1,535`	`62,406`	`(58,765)`	`-`	`5,176`
`SocietyofMerchantVenturers`	`-`	`24,000`	`(24,000)`	`-`	`-`
`OldColstonianSociety`	`-`	`6,615`	`(6,615)`	`-`	`-`
`OldColstonianCharitableTrust`	`-`	`109,917`	`(109,917)`	`-`	`-`
`JohnJamesFoundation`	`-`	`30,000`	`(30,000)`	`-`	`-`
`RogerNewportFoundation`	`-`	`56,401`	`(56,401)`		`-`
`Colston’sSchoolFoundation— bursaries`	`-`	`16,875`	`(16,875))`	`-`	`-`
`HilborneFoundation— bursaries`	`-`	`136,755`	`(136,755)`	`-`	`-`
`HilborneFoundation—HilborneGarden`	`5,465`	`-`	`(2,851)`	`-`	`2,614`
`Prizefund`	`2,514`	`2,119`	`(4,589)`	`(44)`	`-`
`Sundrydonations`	`-`	`1,995`	`(1,995)`	`-`	`-`
`MoDdonationtowardsCCFbuilding`	`15,316`	`-`	`(804)`	`-`	`14,512`
`ParentsSocietydonations`	`23,201`	`4,291`	`-`	`-`	`27,492`
`LawnTennisAssociation`	`4,927`	`-`	`(100)`	`-`	`4,827`
`Theatreseats`	`19,630`	`-`	`(1,963)`	`-`	`17,667`
`HilborneFoundation`	`212,500`	`100,000`	`(12,500)`	`-`	`300,000`
	`285,088`	`551,374`	`(464,130)`	`(44)`	`372,288`

			`Movement`	`inreserves`	`inreserves`
	`Balanceat`					`Balanceat`
	`1August`				`Unrealisedgain`	`31July`
	`2021`	`Incoming`	`Outgoing`	`Transfer`	`onrevaluation`	`2022`
	`£`	`£`	`£`	`£`	`£`	`£`
`Grantingoflongleaseholdinterest`	`5,587,275`	`72,205`	`(556,401)`	`(72,205)`	`-`	`5,030,874`
`Investmentproperty`	`2,300,000`	`-`	`-`	`-`	`360,000`	`2,660,000`
	`7,887,275`	`72,205`	`(556,401)`	`(72,205)`	`360,000`	`7,690,874`

				`Movement`	`inreserves`	`inreserves`
		`Balanceat`					`Balanceat`
		`1August`				`Investmentgains`	`31July`
		`2021`	`Incoming`	`Outgoing`	`Transfer`		`2022`
		`£`	`£`	`£`	`£`	`£`	`£`
`Colston’s`	`SchoolFoundation`	`23,117`	`19,375`	`(30)`	`(16,875)`	`-`	`25,587`
`Hilborne`	`Foundation`	`5,985,401`	`145,481`	`(28,881)`	`(210,586)`	`(334,140)`	`5,557,275`
		`6,008,518`	`164,856`	`(28,911)`	`(227,461)`	`(334,140)`	`5,582,862`

	`Fixed`	`Netcurrent`
	`assets`	`assets/`	`Long-term`
`Consolidated`		`(liabilities)`	`liabilities`	`Total`
	`£`	`£`	`£`	`5`
`Unrestrictedfunds`	`9,263,029`	`(1,427,788)`	`(1,031,643)`	`6,803,598`
`Restrictedfunds— other`	`32,179`	`37,741`	`-`	`69,920`
`Permanentendowment`	`7,690,874`	`-`	`-`	`7,690,874`
`Expendableendowment`	`4,812,536`	`770,326`	`-`	`5,582,862`
	`21,798,618`	`(619,721)`	`(1,031,643)`	`20,147,254`
	`Fixed`	`Netcurrent`
	`assets`	`assets/`	`Long-term`
`School`		`(liabilities)`	`liabilities`	`Total`
	`£`	`£`	`£`	`£`
`Unrestrictedfunds`	`8,955,590`	`(737,298)`	`(1,717,062)`	`6,501,230`
`Restrictedfunds`	`339,619`	`32,669`		`372,288`
`Endowment- Permanent`	`7,690,874`	`-`	`-`	`7,690,874`
	`16,986,083`	`(704,629)`	`(1,717,062)`	`14,564,392`

	`2022`	`2021`
	`£`	`£`
`Lessthanoneyear`	`42,887`	`45,470`
`Twotofiveyears`	`2,744`	`12,627`
	`45,631`	`58,097`

		`At1 August2021`	`Cashflow`	`At31July2022`
		`£`	`E`	`£`
`Cash`	`atbankandinhand`	`2,488,799`	`(667,324)`	`1,821,475`
`Debt`	`dueafteroneyear`	`(550,000)`	`7,909`	`(542,091)`
		`1,938,799`	`(659,415)`	`1,279,384`

`Consolidated`
		`Restricted`	`Expendable`		`Total`
	`GeneralFunds`	`Endowment`	`Endowment`	`OtherRestricted`	`2021`
	`£`	`£`	`£`	`£`	`£`
`Income`
`Donationsandlegacies`	`91,825`	`-`	`26,438`	`325,475`	`443,738`
`Incomefromcharitableactivities:`
`Schoolfees`	`8,864,538`	`-`	`-`	`-`	`8,864,538`
`Otherancillaryincome`	`105,734`	`-`	`-`	`-`	`105,734`
`Incomefromothertradingactivities:`
`Tradingincome`	`29,751`	`-`	`-`	`-`	`29,751`
`Investmentincome`	`-`	`63,596`	`144,838`	`-`	`208,434`
`Totalincome`	`9,091,848`	`63,596`	`171,276`	`325,475`	`9,652,195`
`Expenditure`
`Costsofraisingfunds:`
`Tradingcosts`	`17,457`	`-`	`-`	`-`	`17,457`
`Fundraisingcosts`	`-`	`-`	`26,190`	`-`	`26,190`
`Expenditureoncharitableactivities:`
`Education`	`8,587,196`	`-`	`=`	`304,498`	`8,891,694`
`Depreciation`	`142,194`	`514,139`	`-`	`3,216`	`659,549`
`Totalexpenditure`	`8,746,847`	`514,139`	`26,190`	`307,714`	`9,594,890`
`Netincome/(expenditure)before`
`transfers`	`345,001`	`(450,543)`	`145,086`	`17,761`	`57,305`
`Transfers`	`186,721`	`(63,596)`	`(123,125)`	`=`	`~`
`Netincome/ (expenditure)`	`531,722`	`(514,139)`	`21,961`	`17,761`	`57,305`
`Realisedgain/(loss)oninvestmentassets`	`-`	`-`	`149,135`	`-`	`149,135`
`Unrealisedgain/(loss)oninvestmentassets`
	`-`	`-`	`801,934`	`565`	`802,499`
`Netmovementinfunds`	`531,722`	`(514,139)`	`973,030`	`18,326`	`1,008,939`
`Fundbalancesbrought forward`	`5,634,922`	`8,401,414`	`5,035,488`	`49,043`	`19,120,867`
`Fundbalancecarriedforward`	`6,166,644`	`7,887,275`	`6,008,518`	`67,369`	`20,129,806`

`School`
	`General`	`Restricted`	`Other`	`Total`
	`Funds`	`Endowment`	`Restricted`	`2021`
	`£`		`£`	`£`
`Income` `Donationsandlegacies`	`91,825`		`459,350`	`551,175`
`Incomeoncharitableactivities:` `Schoolfees` `Otherancillaryincome`	`8,998,413` `105,734`		`“` `2`	`8,998,413` `105,734`
`Incomefromothertradingactivities:` `Tradingincome`	`29,751`		`-`	`29,751`
`Investmentincome`			`-`	`63,596`
`Totalincome`	`9,225,723`		`459,350`	`9,748,669`
`Expenditure`
`Costsofraisingfunds:`
`Tradingcosts`	`17,457`		`-`	`17,457`
`Fundraisingcosts`
`Expenditureoncharitableactivities:`
`Education(excludingdepreciation&`	`8,597,945`		`438,373`	`9,036,318`
`refurbishmentcosts)` `Depreciation`	`118,289`	`514,139`	`27,121`	`659,549`
`Totalexpenditure`	`8,733,691`	`514,139`	`465,494`	`9,713,324`
`Netincome/(expenditure)beforetransfers`	`492,032`	`(450,543)`	`(6,144)`	`35,345`
`Transfers`	`63,596`	`(63,596)`
`Netincome/(expenditure)beforeother` `recognisedgainsandlosses`	`555,628`	`(514,139)`	`(6,144)`	`35,345`
`Gainoninvestmentassets`			`565`	`565`
`Netmovementinfunds`	`555,628`	`(514,139)`	`(5,579)`	`35,910`
`Fundbalancesbroughtforward`	`5,393,300`	`8,401,414`	`290,667`	`14,085,381`
`Fundbalancecarriedforward`	`5,948,928`	`7,887,275`	`285,088`	`14,121,291`