# 



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





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|`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`|





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## 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`||<br>`9,948,680`|<br>`72,205`|<br>`164,856`|<br>`297,744`|<br>`10,483,485`|<br>`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`|<br>`9,611,392`|<br>`556,401`|<br>`28,911`|<br>`295,149`|<br>`10,491,853`|<br>`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`<br>`/(expenditure)`||<br>`636,954`|<br>`(556,401)`|<br>`(91,516)`|<br>`2,595`|<br>`(8,368)`|<br>`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`||<br>`636,954`|<br>`(196,401)`|<br>`(425,656)`|<br>`2,551`|<br>`17,448`|<br>`1,008,939`|
|`Fundbalancesbrought forward`||<br>`6,166,644`|<br>`7,887,275`|<br>`6,008,518`|<br>`67,369`|<br>`20,129,806`|<br>`19,120,867`|
|`Fundbalancecarriedforward`||`6,803,598`<br>|`7,690,874`<br>|`5,582,862`<br>|`69,920`<br>|`20,147,254`<br>|`20,129,806`<br>|





## 

|`Fortheyearended31July2022`<br>|<br>|||||||
|---|---|---|---|---|---|---|---|
||`Note`|`General`|`Restricted`|`Other`|`Total`|`Total`||
|||`Funds`|`Endowment`|`Restricted`|`2022`|`2021`||
|||`£`|`£`|`£`|`£`|`£`||
|`Income`||||||||
|`Donations`<br>`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`||<br>`10,102,310`|<br> <br>`72,205`|<br> <br> <br> <br>`551,374`|<br> <br> <br> <br>`10,725,889`|<br> <br> <br> <br>`9,748,669`|<br> <br> <br> <br>|
|`Expenditure`|||<br>|<br> <br>|<br> <br>|<br> <br>|<br> <br>|
|`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`|<br>`9,622,213`|<br> <br>`556,401`|<br> <br> <br>`464,130`|<br> <br> <br>`10,642,744`|<br> <br> <br>`9,713,324`|<br> <br> <br>|
|`Netincome/(expenditure)before`|`6`|<br>`480,097`|<br> <br>`(484,196)`|<br> <br> <br>`87,244`|<br> <br> <br>`83,145`|<br> <br> <br>`35,345`|<br> <br> <br>|
|`transfers`||||||||
|`Transfers`|`16`|`72,205`|`(72,205)`|`-`|`-`||`-`|
|`Netincome/(expenditure)beforeother`|||<br>|<br> <br>|<br> <br>|<br> <br>|<br> <br>|
|`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`||<br>`552,302`|<br> <br>`(196,401)`|<br> <br>`87,200`|<br> <br>`443,101`|<br> <br>`35,910`|<br> <br>|
|`Fundbalancesbroughtforward`||<br>`5,948,928`|<br> <br>`7,887,275`|<br> <br>`285,088`|<br> <br>`14,121,291`|<br> <br>`14,085,381`|<br> <br>|
|`Fundbalancecarriedforward`||<br>`6,501,230`<br>|<br> <br>`7,690,874`<br> <br>|<br> <br>`372,288`<br> <br>|<br> <br>`14,564,392`<br> <br>|<br> <br>`14,121,291`<br> <br>|<br> <br> <br> <br>|





## 

||`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`<br>`(2,880,262)`||`2,703,083`<br>`(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]`|||<br>`LZ.`|<br>`3.andweresignedonits`|`behalfby:`|





## 

||`Note`|`2022`||
|---|---|---|---|
|||`£`||
|`Cashflowsfromoperatingactivities`||||
|`Netexpenditurefortheyear`||`(8,368)`|`57,305`|
|`Adjustmentsfor:`||||
|`Depreciation,amortisationandimpairment`<br>`Investmentincome`||`666,357`<br>`(217,686)`|`659,549`<br>`(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`<br>`Acquisitionofinvestments`<br>`Acquisitionoftangiblefixedassets`||`296,426`<br>`(193,778)`<br>`(1,024,399)`|`760,986`<br>`(831,623)`<br>`(249,094)`|
|`Investmentincome:`||||
|`Incomefrominvestmentportfolio`||`145,467`|`174,830`|
|`Rentalincome`<br>`Interestreceived`||`72,205`<br>`14`|`63,596`<br>`4`|
|`Netcashfrominvestingactivities`||`(704,065)`|`(81,301)`|
|`Cashflowsfromfinancingactivities`||||
|`Interestpaid`||||
|`Increase/ (decrease)inloanfinance`||`(7,909)`|`50,000`|
|`Netcashfromfinancingactivities`||`(7,909)`|`50,000`|
|`Netincrease/ (decrease)incashandcashequivalents`<br>`Cashandcashequivalentsat1 August2021`||`(667,324)`<br>`2,488,799`|`887,120`<br>`1,601,679`|
|`Cashandcashequivalentsat31 July2022`||`1,821,475`<br>|`2,488,799`<br>|





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||||
|---|---|---|
|`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`|





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|`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`<br>`Incomefrominvestment— restrictedfund`|`145,467`<br>`72,205`|`144,834`<br>`63,596`|
|`Bankinterestreceived`|`14`|`4`|
||`217,686`|`208,434`|



## 



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|`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`|





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|`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`||





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



## 

||`2022`|`2021`|
|---|---|---|
||`£`|`£`|
|`Teaching`|`99`|`98`|
|`Administrativeandsupport`|`47`|`43`|
|`Welfare`|`15`|`14`|
|`Premises`|`11`|<br>`11`|
||<br>`172`|<br>`166`|



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





## 

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||||||||`2022`|`2021`|
|---|---|---|---|---|---|---|---|---|
|`Interestpayableandsimilarchargesincludedwithinsupportcosts (totalling£1,461,713)`|||||||`£`|`£`|
|`Onloans`|||||||<br>`52,143`|<br>`35,750`|
|`Totalinterestpayable`|||||||<br>`52,143`|<br> <br>`35,750`|
|`Bankcharges`|||||||<br>`4,136`|<br>`4,329`|
||||||||<br> <br> <br>`56,279`|<br> <br> <br> <br> <br> <br>`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`|||<br>`-`||<br>`1,024,400`|
|`At31 July2022`|<br>`23,141,838`|<br>|`2,458,115`||<br>`22,000`|<br>||<br> <br>`25,621,953`|
|`Accumulated`|||||||||
|`depreciation`|||||||||
|`At1 August2021`|`8,399,326`||`2,212,162`||`22,000`|||`10,633,488`|
|`Chargefortheyear`|`571,545`||`94,812`|||`-`||<br>`666,357`|
|`At31July2022`|<br>`8,970,871`|<br>|<br>`2,306,974`|<br>|<br>`22,000`|<br>||<br> <br>`11,299,845`|
|`Netbookvalue`|||||||||
|`At31July2022`|`14,170,967`||`151,141`|||`-`||<br>`14,322,108`|
|`At31July2021`|<br>`13,744,276`<br>|<br> <br>|<br>`219,789`|<br>||`-`||<br>`13,964,065`<br>|
|`Allofthepropertiescurrentlyutilisedby`|||`theSchool(apartfromthecurrentCCF building`||||`whichwas`|`rebuiltin2004)`|
|`weretransferredtotheCompanybyway`|||`of125-yearleases`|`ata peppercornrent.Thefreeholdinterestscontinue`|||||
|`tobeheldbyMontpelierCollegiate`||`Trust`|<br>`(formerlyColston’s`|`HospitalTrust).Thepropertieswere`||||`valuedbyAlder`|
|`KinginaccordancewiththeRICSAppraisalandValuationStandardsinparticularin`||||||`accordance`||`withUKPractice`|
|`Statement1 andFinancialReporting`||`Standard15at31December2003,whentheleasesweregranted.`<br>`Theyare`|||||||
|`recordedatcost.Subsequentadditions havebeenrecordedatcost.`|||||||||





|`11`|`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`|<br> <br>`3,011,468`|<br> <br> <br>`4,465,042`|<br> <br> <br>`7,476,510`|<br> <br>`2,651,468`|<br> <br> <br>`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`|`-`|<br>`565`|<br>`565`|
||`At31July`|<br>`2,660,000`<br>|<br>`3,975`<br> <br>|<br>`2,663,975`<br> <br>|<br>`2,300,000`|<br>`4,019`<br>|<br>`2,304,019`<br>|



## 



## 

## 





## 

## 

|`Consolidated`|||
|---|---|---|
||`2022`|`2021`|
||`£`||
|`Feesreceivable— Gross`|`300,036`|`288,078`|
|`Baddebtprovision`|`(48,379)`|`(85,864)`|
|`Feesreceivable— Net`|<br>`251,657`|<br>`202,214`|
|`Prepaymentstosuppliersandaccruedincome`|`149,342`|`177,371`|
|`Otherdebtors`|`74,026`|`28,902`|
||<br>`475,025`|<br>`408,487`<br>|
|`School`|||
||`2022`|`2021`|
|`Feesreceivable— Gross`<br>`Baddebtprovision`|`300,036`<br>`(48,379)`|`288,078`<br>`(85,864)`|
|`Feesreceivable— Net`|<br>`251,657`|<br>`202,214`|
|`Prepaymentstosuppliersandaccruedincome`|`106,097`|`126,141`|
|`Otherdebtors`|`70,093`|`23,589`|
||<br>`427,847`|<br>`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)`|<br>`1,170,454`|<br>`1,278,934`|
||<br> <br>`2,921,932`|<br> <br>`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`|<br>`1,170,454`|<br>`1,278,934`|
||<br>`2,880,262`|<br>`2,885,000`|





## 

## 

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





## 

## 

## 

|||`2022`|`2021`|
|---|---|---|---|
|||`£`|`£`|
|`More`|`than5 years`|`-`|`17,181`|
|`Within`|`2to5 years`|`187,697`|`328,134`|
|`Within`|`1to2 years`|<br>`301,855`|<br>`485,311`|
|||<br>`489,552`|<br>`830,626`|
|`Within`|`1year(note14)`|`1,170,454`|<br>`1,278,934`|
|||<br>`1,660,006`|<br>`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`|`-`|<br>`(1,963)`|<br>`“`|<br>`17,667`|
|||<br>`67,369`<br>|<br> <br>`297,744`<br> <br>|<br> <br> <br>`(295,149)`<br> <br> <br>|<br> <br> <br>`(44)`<br> <br> <br>|<br>`69,920`<br>|





## 

## 

|`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`|
||<br>`285,088`|<br>`551,374`|<br> <br>`(464,130)`|<br> <br>`(44)`|<br>`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`|
||<br>`7,887,275`|<br>`72,205`|<br>`(556,401)`|<br>`(72,205)`|<br>`360,000`|<br>`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`|
|||<br>`6,008,518`<br>|<br>`164,856`<br>|<br>`(28,911)`<br>|<br>`(227,461)`<br>|<br>`(334,140)`<br>|<br>`5,582,862`<br>|





## 

||`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`|<br>`4,812,536`|<br>`770,326`|`-`|`5,582,862`|
||<br> <br>`21,798,618`|<br> <br>`(619,721)`|<br> <br>`(1,031,643)`|<br> <br>`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`|`-`|<br>`-`|<br>`7,690,874`|
||<br>`16,986,083`|<br>`(704,629)`|<br>`(1,717,062)`|<br>`14,564,392`|



||`2022`|`2021`|
|---|---|---|
||`£`|`£`|
|`Lessthanoneyear`|`42,887`|`45,470`|
|`Twotofiveyears`|<br>`2,744`|<br>`12,627`|
||<br>`45,631`|<br>`58,097`<br>|





## 

## 

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



## 

## 

## 



## 

## 

## 

## 

## 



|`Consolidated`||||||
|---|---|---|---|---|---|
|||`Restricted`|`Expendable`||`Total`|
||`GeneralFunds`|`Endowment`|`Endowment`|`OtherRestricted`|<br>`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`|<br>`9,091,848`|<br>`63,596`|<br>`171,276`|<br> <br>`325,475`|<br> <br>`9,652,195`|
|`Expenditure`|||<br>|<br>|<br>|
|`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`|<br>`8,746,847`|<br>`514,139`|<br> <br>`26,190`|<br> <br>`307,714`|<br> <br>`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)`|<br>`531,722`|<br>`(514,139)`|<br> <br>`21,961`|<br> <br>`17,761`|<br> <br>`57,305`|
|`Realisedgain/(loss)oninvestmentassets`|`-`|`-`|`149,135`|`-`|`149,135`|
|`Unrealisedgain/(loss)oninvestmentassets`||||||
||`-`|`-`|`801,934`|`565`|`802,499`|
|`Netmovementinfunds`|<br>`531,722`|<br>`(514,139)`|<br> <br>`973,030`|<br> <br>`18,326`|<br> <br>`1,008,939`|
|`Fundbalancesbrought forward`|<br>`5,634,922`|<br>`8,401,414`|<br> <br>`5,035,488`|<br> <br>`49,043`|<br> <br>`19,120,867`|
|`Fundbalancecarriedforward`|`6,166,644`<br>|`7,887,275`<br>|`6,008,518`<br> <br>|`67,369`<br> <br>|`20,129,806`<br> <br>|





## 

## 

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