ILGS Reigate Grammar School A Registered Company Limited by Guarantee Consolidated Financial Statements for the year ended 31 August 2023 together with Governors, and Auditor's reports Registered Company Number.. 3954365 Registered Charity Number: 1081898
Rei£aLe Grammar SchoE)I Consolidated Firloniial Slatehif.'ntS lor ih? yeai ei)ded 31 August ?023 Report of the Governors for the year ended 31 August 2023 The Governors, who are also director5. present their annual report on the affairs of the Groupi together with the financial statements and auditors, report for the year ended 31 August 2023, and confirm that the financial statements comply with the requirements of the Companies Act 2006 and the Charities SORP {FRS1021. Reference & Administrative Information The School was incorporated a5 a company limited by guarantee in 2000 and ha5 been granted exemption under $60 Companies Att 2006 from the requirement to use'Limited' as part of its nam The liability of its member5 15 limited ¢0 £1 each. The School is also a registered charity. The three principal operating arms ol the khool are Reigate Grammar School I'RGS'I, and its two junior school Reigate St Mary'5 Preparatory & Choir School I'RSM. or'Reigate St Mary's'l and Chinthurst School IChinthur5tl together known a5 'the School.. There is also a subsid4ary charity. Ihe Reigate Grammar School Trust I'RGS Trnst,). and two subsidiary trading companies, Reipte Grarnmar School Trading Limited and Rei&ate Grammar School International Limited. Chin¢hur5t Sch¢x)l Educauonal Trus4 an independenc preparatory school In Ta¢lworth, Surrey, merged wlth RGS in eady 2017. Chinthurst School Education Trust Wa5 initially maintained a5 a 5eparite legal entity, with RGS a5 Its sole member uncll the trading acdvities of Chinthurst School Ichinthurstl were formally transferred to RGS on 2 September 2019. Since 2019, the khool has three principal operations.. RGS. RSM and Chinthurst. Governors Mr Mark Elsty r*) Dr 5hrilla Banerjee Mr Marc Benton Mrs Mary Braughler-Edmunds Mr Colin Cobain * a¢ Mr Brian Day t rf * Mr Chri5tgpher DOn t Mr Luke Herbert Mr5 Maxine Hulme Mr5 Lisa Page Mr Nicholas Weber Mr Edward Wheelert Mr Matthew Ad5head (appointed 7 November 2022} Mr5 Magwe Shipley {appointed 25 July 2023) Mr David Cole. (resigned 7 November 2022) Member of the Educatyon & Welfare Committee Member of the Finance & Foundaiion Committee Mernber Of the Estates & Premi5e5 Committee aQ Member tsf the Governance & Risk Management Commi¢teÈ Headmaster - Senior Mr Shaun A Fenton MA Med OBE Headmaster- Reigate St Marfs Mr Marcus B CulverweFI MA Headteacher- Chlnthurst Sthool Miss Cathy Trnndle BA QTS Btsrsar & Company Secretary Mr Stephen P Douty BA FCMA Address and Registered Office Reigate Grammar School Reigate Ro&d Reigate Sury RH2 OQS page I
Reigate Gramfflai khool - Cnnsoiidated Financièl Stalemonis for the yoar cndod 31 Au¥u5L 2023 Bankers Barclays Bank PIC Level 11 I Churchill Ilace London E14 5HP Auditor Hay5macintyre LLP Stsrutory Auditor 10 Queen Street Flace London EC4R IAG Solicitors Goodyear Blackie Herrington LLP Oak House Tanshire Park Shacklelord Road Elstead Surrey GU8 6LB Farrer & Co 66 Lincgln'5 Inn Fields London WCZ4 3LH Structure, Governance & Management Governing Document The Sch¢)ol is governed by its Artlcles ol Assocyation last amended on 8 September 2015. Governing Body The Governor5 aim to achieve a wide spread of knowledge and experience amongst its Board member5 in order to fulfil irs staiutory obligations and determine the aims and overall condtstt ol the School. When vacancies on the Board arise. nomlnations are received and decisions on whom to selectfor appointment are made at a general meeting of the Board. Thts procdure is reviewed by the Governance & Risk Management Committee ol the Board. prior to decisions beini r3ken at full Board meeiings. It is the Governor5, policy that all Governors w511 be appointed to serve on at least one Committee of the Goveming Board. All Governor$ serve for an initial 3-year term after which they become eligible for re•election for up to two further 3-year terms. All Governor5 retire automatically at the end of their third 3-year term. with limited exceptions. Governor Training New Govemors are inducted into the operyaiions of the School. and of the Group a5 a reristered chartty, including Board Policies and Procedures, via an initial information pack provided by Ehe Btsrsar. as Yrfell as by attendance at Board Meetings and during term-time. at Governors. Days and Parent l Teacher meetings. Workshops for all G¢)vernor5 are held on an annual basis, usually on a day that coincide5 with a full Board of Governors Meerin& They are also encouraged to attend extsrnal courses run by AGBIS and other relevant Profession ooani5ations. Organisation21 Management The GoverrrS meet a5 a Board at least three times a year ro determine the general policy of the School. a5 well as reviewing its overall management and control. for which they are legally responsible. Implemenration of the Board's policies are carried out by several committees of which the principal ones are the Educ&tion & Welfare Committee. the Finance & Foundation Committe4 the Estates & Premises cornmttee and the Governance & Risk Management CommiTtee. all olwhich meet at least once a term. These Committees are currently Chaired by Luke Herberi (Education & Welfare), Colin Cobain (Finance & Foundation). Brian Day (Estates & Premises) and Maxine Hulrne (Governance & Risk Management). page 2
Reigate Gramfflai Schc)nl C011501idated Flnaficial Statem&nt foi" Ihe year ended 31 August 2Q23 The day-to.diy running of the three schools (Reigats Grnmmar School. Reigate St Mary's Preparatory & Choir School and Chinthurst School) is undertaken by the Headteachers of each sch991 and the Bursar. These four individuals are the key management personnel. The Board sets retnuneration, wich che policy objec¢ive of providing appropria incentives to encourage enhanced perforniarbce and of rewarding fairly and responsibly individual contribuuons to the School's succes5. Objects, Aims, Objectives & Principal Activities Otsr object remains the education of boys and prls at our schoo15 in or near Rèigatè. Aims and Intended Impact Within the main objèc¢ the aims of the School are.. To continue the tradityons of the School in providing an excellent afi-round uca0n to talented students aged between and eighteen (rom a wide range of social background5. To stimulats intellectual curiossty in all area5 01 learning and to enable students to fulfil their academic potsnrial. To provide a disclplined and caring environment that wlll encourage boys and w'rls to develop into morally and socially responsible young people. To provide all student5 Wlth the essential skills and experiences that will equip them for thè world outside School. To ensure thai the development of these in¢ellectual. physical. and social abilities is conducted in a happy and mvtually re5pecdul environment. Ethos The School is a charity that seek5 ro prov+de the best possible education to our students and thereby to provide publi benefit. Our fees are set at a level to ensure the financial viability of the School and at a level thit is con51Stenc with the above aim& Our Sehool 15 commitLed ¢0 safeguarding and promoting the welfrdre of our sdentS and we expoci all sttff and volunteers to Share thi5 commi¢menL The School's child prorettlon policies may bè accessed in full on our Webs6. Admission to the School The School welcomes students from ll batkgrounds. To admit a pr05pectyve 5tuden¢ we must feel reasonably sure that we will be able to edutate and develop the pr05pecvve sttdent to the best of his or her potential and in lifte the general standards achieved by the student's peers. Entrance inNiewS and, where appropriate, academic assessment5 are undertaken to sat15fy parents and ourselves that potential students can cope with the pace of learning and will benefit from the educauon we provide. Prospettive students are judged 501ely by the above criteria. which are published in more detail on the School's websites. The School is open to all stydents who meetthese critsria regardless ofeconomic status. gender. ethnicity, race, rellgion or disability. Our School prides itself on being an inclu5Ne institution that embraces equal opportunities for all. We are committed to providing an envlronment that is free from any form of discriminaoon on the grounds ol colour, race, ethnicity, religion, gender. sexual orientation or disability. We make reasonable adjustments 10 meet the neetls of suff or student5 who are or become disabled. Grant-making policy This academic year the net cost of scholarships, bur5arie5, sibling and s¢aff discounts made to the School'5 Students was £3.665,363 {2022: £3.713,94T) whsch is 1 1.0% of gr0$5 income12021. 11.8%). Details of the value of awards are also set out in NO I to the accounts. a) Bursaries The Governors are determined to ensure that they provide education to students Irom a wide range of backgrounds. To achieve this aim, funds are provided each year to help familie5 who cannot afford the full fee5. This provides 2ssisr3nce to those who meet our general entry requirements and awards are made solely on the basi5 of parental means. All bursarie5 are Tr7eans-tested. including Harrison scholarship5, Gershon scholarship5 and 1675 scholarships. Funds for the Harri50n, the Gershon and 1675 scholarships are all obtained from external ph*lanthropic donations. p7age 3
Reigate Grammar Scliool Con5ulidMted Financial Siaiements frjr thE year ended 31 AiiQLLsI 2023 In isses5ing parents, means, we take a number ol faerors into considerauon including family income. investments and savings, and family circum5onces, for example, dependant relatives and the number of 5iblin8s. The provision of fund5 from exTrrnal source5 a5 a tontribution toward5 funding our awards helps the School in irs objective of ensuring a balance between lee-paying parents, rnany of v¢hom make ¢onsidèAble personal sacrifices to fund their child's educa¢Jon, and those benefiting from the award The value of a Bursary ranges Irom l 0% w l 00% remission of fees. In cases of extreme hardship, we sometime5 a150 offer help with extras such a5 school transpor4 lunche5 ind unrform. InfOrMaOn &bout our Bursary scheme is included in the prospettus and on the School's web5i¢es. We also &d¥ertise our awards regularly in the local press and vta a leallel which is distributed widely in the local area. Harrison Scholar5hip5 (RÈigate Gran)mar School only) The School is delighced to be able to work with a local charity, The Petsr Harristsn Foundation. which for many years ha5 provided a level of addition financial assistance to students of the School over and above that provided directly by the School itself. Familie5 who live in the borough of Reigate and 8anstead who are applytng for a place at Reigate Grammar School and who already qualify for a Bursary rnay a150 reCVe fee &s5iStance from the Peier Harrlson Foundaiion {Charity No. 1076579). ApPr0Ma four Students each year receive such as515tance and are known as Harrison kholars. Further derails of the scheme can be found at www ter arri or). 1675 Schglar5hip5 (Reigate Grammar Sthool only) From dooations prOded largely by alumni 2nd others with an interest In the School'5 wellbeirw thè 1675 Bursary Fund support5 the provision ol 1675 Scholarships. During the academic year. fourteen new 1675 Scholarships were awarded 2022: thirteenl, brin8in8 the total number ol 1675 Scholars currently in school to 59 {2022.. 551, including one Ger5hon scholar. Details ofthe 1675 Bursary Fund can be found in Note16 on pages 42 to 45. and the role ol the RGS Foundation is described on page 18. T•mpovary Bursaries These provide short-term assiscance only and are offered to relieve hardship where i scudent's education and luturè prospecr5 would otherwise be at risk for ey2mple, In che tase of the redundancy of a parent. b) Scholarship policy (Reigate Grammar school only) The purpose of our scholarship aw&rds is to recognise either high academic potential. or the ability to excel in Spor4 Music or the abiliry to excel +n our extra_curricular attivities. Scholarships are awarded with a remission of up to 30% of fees per annum. but where further assistance is required, awards may bt supplemented by a Mtans-tesd Bursary. We advert15e the availability ol scholarshlps regularly in the local press and direttly to lool schoo15. Further details of our 5cholJrship5 are available on our websi c) Choral Scholarship5 During the ywdr ended 31 August 2023 the Godfrey Seade Choir, 3 semi-professional choir of boys and girls. which draws irs boys and w'r15 exclusively from the School. provided 5cholarship5 Wlth a fixed remi55ion of fees rdnging between £ 1,000 and £1.700 per annum in retum for singing at seryices in St. Mary'5 Parish Church and elsewhere. Children normally enter the choir at the age of eight whilst at Reigate SL Mary'5. but can continue through to the Grammar School until the age of 13. The choir makes a major contribution to Ihe musical life of the School. d) Sibling discounts To underline the value we place on continuity for families, we gffer sibling dis¢ount5 where parents have more than one hild at the School: x 5% discount 15 allowed in respect of the second child, and a IO% discount for the thtrd and any subsequent children. e) Staff discount In tsrder to enable us to attraci and retain the very best quali¢y staff, we offer a discount xheme for member5 of Staff who eduedte their children ar our School {subject to Ihe normal entry requirements). Objectives for the Year The principal objective for the year ha5 been maintaining and ifflproving the educational provision across the School. This includes not only the academic standard5 a5 measured by public examination5, but also the wAtra-curricular life of the School. page 4
Relgate Grafflfflar 5chDoI . Con'&olldèied Finariclal 5tclteilieiit5 foi Lhe yoai elided 31 August 2023 Other objectives have intluded: The maintenance of student numbers at Reigate Grammar School above 1,000. Rei8ate St Mary's above 370 and Chinthurst School above 250., The provisioo of continuing support of our siudents already in receipi of fee assistance through BLtrrsaries- To continue to develop 74nd extend the School estate: and To retiin and develop our teaching and 5uppor¢ s¢aff. In sethng our objecdves and planning our activities our GoYernor5 continued to give careful consideration to the Charity Commission's general guidance on public benefst. Strategies to achieve the year's objectives Each year. the Governors agree the Sthtsol Development Plan for the schools. These plans oudine actions and targets for each of the strategic priority medium term development goals. Governors review progre55 for eh of the medium- term development goals, which have a strategic priority at the appropriate committee meetings and at each lull Board meetin8. The con¢inuing improvemen¢ of academic standards at Reiga Grammar School is achieved by further use ol value- added data to track the progress of 5tudenis against national standards. supporTed by an exnsive performance management sysiem w dellver high quality professlonal development to all leaching staff. The school also remains committed to Its sporting and cultural prograrnme and ha5 ensured that students continue to rttÈive the brdest possible range of opportunities. At Reigate SL Mary s the system of staff performance reviews has continued to ensure both consistency and delivery of qvaliry throughoutthe school. Head5 of Departfflentare required to drnw up action plans for their areas of responsibility to meet the objectives of the School Developmen¢ Han. The enhanrnents PreoUSlY made to the admissions process to ensure better targeting and follow up ol all PontallY interested parents have again proved to bè very effective wi¢h Student numbers remaining c105e to full capacity on 31 Augusi 2023. At Chinthurst School addlOnI1 market research ha5 been performed to ensure that the school focuses its resources in the right areas and also puts ift place measures w strengLhen the marketing and PR of the School, in order to continue to expand its pupil numbers, Chinthur5t has recruited additional teachers and teaching supporc sraff to ensure ir rerain5 quality teaching provision for its pupils. Principal activities of the year A5 Statsd above. the Charity's main object is the provision of day school educition. in or near Reipte. to both boys 2nd rts. Students up to the end of Ywdr 6 (age I l) a educated at Reigate SL Mary s or at Chsnthurst School those in Years 7 to 13 it Reigate Grarnmar School. The objectives listed above had all been met by the end of the year. Student nurnber5 in Reigate Grammar School ached 1,085, with Rei8ate St Mary'5 and Chinthur5t ending the year wsth pupil nufflber5 of 401 and 292 respettively. Future applications to 1 three Schools remain healthy. At RGS there are 1.130 pupils in the 2023124 academic year. with RSM maintaining pupil numbers at 404 and Chinrhurst increasing their pupil numbers to 301 by ¢he Spring Term 2024. The Governors. poliq15 to set tuition fee5 at a level thatcovers both ongoing Operation costs and thè need to reinve5L as approprlate, in nèw fatilitles. The termly fees for the 202212023 icademic year were £7,195 for Years 9 and above and £7,050 for yeS 7 and 8 per wm at Reigate Grammar School. and a maximum of £5.670 per term at Reigate SL Mary's and a¢ ChinthursL Termly lees for the current academic year 2023124 have been se¢ at £7,665 for Years 9 and above and £7,510 for years 7 and B and a maximum of £6,040 for both Rewdte SL Mary's and Chinthurs¢ an increase of 6.5% over those for 2022123. page 5
RoTr9aie Gi'ammai. Jclinol - CiJ115u114Jated Fiiièricial 5iatÉ)nerils loi thtr year èDdod 31 lu¥usL 2023 Public benefit The School demonstrates its public benefit in the following way High qUlty educ&tion. The khool provides a public benefit through the provision of high-qualiry education. In 2022123. over 90% of Year 6 students ai RSM were awarded places at RGS, whi15t 20 Chinthurst pupils accepted places at RGS Iwhich is 50% of pupils), amongst other independent secondary schools. At RGS, 95% of all grade5 were A to B, with 77% of grades being either A or A We are proud to note that we have a l 00 per cent pass rate tor over 20 years runnin& Large numbers of students study these subject5, and many go on to study them at universiry. At GC5E 68% of grades awarded were grades 8 or 9 while 86% 01 grddes were 7 or better. Bursarie5. The Governors, aim is to enable all swdent5 who fulfil our admission criteria to be able to attend RGS. To facilita this RGS provides ffleans-tested Bursaries, and Temporary Bursaries. which can be up to l 00% of full fees. In Ihe year ending Augus¢ 2023. we were able to provide bursary ltsnding worth £2,398.272 12022.. £2.362,0451. A proportion of these bur5arie5 are funded by the School's 1675 BUrry Fund which contributed £l.125,00012021.. £I,000,0001, an exiernal charity. ¢he Peter Harrison Foundation (Charity No. 1076S791. which provided £131,920 12022= £120.3071 of lunding for a number of additional places at RGS, a5 well as a Bursary Fund established by Sir Peter Ger5hon to support individLtals who excel in sfEM subjetts. Al¢er the con¢ributyon of the RGS Trust to bursary funding of £3.OIK) in the year 12022= £3.ocl, the net cost ol bursaries to the School was £1.138,352 12022.. £1,238,738). In cases of extreme hardship. the schtsol $0 subsidlses other expenses such as uniform, school meals transport and school trips. Partnerships and ust of facilitles. Throughout list yar there were several Outreach venre$ by Ihe Relgauan Community. At RGS, in the Autumn Term we ran two Master Classe5 for our local primary schools. The English Master Class wa5 h05ted by our acherS and sixth form pupils. Classics was run by the Cla$5ics department with the help of its A Level pupils. Both were wonderfully received and enjoyed by our local community. In the surnmer term we ran The Maths Master Class and helped by RGS staff and 6th forni pupils. In Sepiember we saw our'Elective5' programme runninglor the second year for the Third and Fourth lorm. Student5 have had the opportunity to go to help younger pupils with their reading at our local state primaries of St john'5, Reigate Parish, St Paul's and St Joseph's. Pupils also mide a weekly visit to BeaumDnt and Eversfield Care Home5 where Ehey played cards and Scrabble with the elderly resident5 and performed music for them. Pupils also took part in the Elective to Stripey stork, a charity for vulnerable local lamilies, where they helped with sorting items in their warehouse and with raising awareness, and Loveworks. our local Foodbank We a150 have some ol our pupils collabor&ttng with The Orpheus Centr< a school for 16+ children with spectal needs, to put on a ioint muslc and drama producilon at Easter. Throughout the year we have a150 reached out to our RGS community to help with donating srationery, toiletrie5, and coats to the charity'stripey Stork, for children ol vulnerable families. We have carried on our Partnership with local charity'Lovework5, and pupils of Ihe Ihird lorm have been visiting the warehouse weekly* and rni51ng awareness on the streets of Reigate. December saw the annual collection of food from all pupils lor Loveworks, to help create hampers for the homeless and those on low incomes lor Christmas. Throughouc Ihe year RGS has also hosted rmly foodbank donation drops where parents and the local community can drive through the playground and donate food items. In March our own pupils took part in Loveworks blg annual ¥ving day where they created flyers and went into Reigate to collect money and donations. In October one of oyr own pupils 501d Kri5py Kreme donuts to help rasse money for Woodfield Special Needs school and we a150 did a non-unilorm day to raise money for the same cause. In November we held a non-unilorm day to raise money lor Children in Need. At Christmas we had a non-uniform day to rdise money for George and the Giant Pledge. and we also sold school calendar5 to raise money for Loveworks. Stripey Stork and George and the Giant Pledge. We a150 ra15ed money for The Syrian Earthquake appeal and for Motor Neurone Disease with cake sales. In july we held a treasure h(tnt to raise money and awareness lor childhood tancer charity cled The Giani Pledge. page 6
RelgBte GrarnTnar School c[s011daled Fiiiancial Slateme,iis fof the yeai- ended 31 AgliS( 2023 ReCenY we partnered with Dur local branch of The Samaritans to coordinate a mobile phone drop. whereby they an use old phones to help to raise money and awareness for The S24mari(ans. First and Second Form students baked cakes for the Matmillan Big Coffee Morninr. at Chrisrrna5 time all the pupi15 of the First Form wrote Xmas card5 to the residents of the Live at Home Scheme. I st Formers a150 took part in giant Zumbathon to raise money and awareness for Lepra. Some of our pupils have also helped with the Reigate Parish Primary school sports day, giving up their time to help coach and umpire. Our Music department has also seen some of its members of Staff vis¢ting the Lime Tree School 74nd St john's this year to give music lessons to their pupils. One of our 6th forniers gave up an hour a week to &'ve tuition to a young boy from the women'5 refuge in Redhill. House Charities have also continued to raise awareness and money for local tharirie5, With Cranston maklng George and the Giant Pledge their House Charity. Throughour the year we have leni our minibuses ro many Iovdl Schools and charities. RGS hts5ted all the water stations at Run Rel And we donated to Surrey Pride and marched in their procession. Our head of Career5 also regularly volunteers to go into srate secondary school to give careers advice and mock inTrrviews. We hoSd and ftsnded RGS netball tournament for local primary schools and we also hosted and funded RGS Cricket festival lor local primary schoo15. The Dr3ma dep3rtment took their puppet show round to local primary schools and the Music department teamed up with knme Tree School and Stjohn's to sing at Queen Elizabeth hall and Dorking Hall A¢ RSM the Sport5 Hasl 15 used widely by local community sports group5 for crick¢ badfflinton, five4-5ide football and by local youth groups lor both the Baptist and An1£In churches, including Suraday morning church ictivitie5. At Chinthurs¢ the Sports H1 15 used by external dubs and the local residenE association. a)d swimming lessons are provided to local children in thè school'5 on-sire swimming pool. including children from a local stare s£h¢xJl. The Arts. The School provides 3 public benefit by promoting rnusTrc. dramyl and art. Concerts and plays are held regularly. often outside the School and open ro Ihe pvblic. Local primary and preparatory schools are often invitsd ro performances at no cosl both for 5cho¢l productions and for performance5 given by outside groups. The Godfrey Searle Choir, a sÈmi-profession741 choir of boys and gir15, Wlth some adult chorister& sings services regularly at churches in the local Area as well as lyrther afield, and RSM is a mÈmber of the Choir Schools. Associauon. The RGS Activities Week. which runs for a week at the end of each summer r[, holds performances. exhibitions and workshop5. which are open to the publit. RSM has developed relavonships with local care home5 prowding fund raisin& RSM pupils also provide Harvest donations to local charity. Lovework5. and the Choirs sing for the elderly. They contribute tg the ReigatÈ Christmas Fair and produce art for residential care homes. At Chinthurst pupi15 raise fund5 for different charitie5. such as the local food bank and the Red Nose Day appeal. Chinthurst has a strong relaiionship with the local church. regularly raising funds to SUPPQrt them. Sports. The School prowdes a public benefit by providing coiching in amateur sPQrts including rugby, football. hockey, netball, Crick athletics tennis, badminton, squash. gof and swimming. Students ire encouraged to develop ro the best of their ability and many have gone on to county and international honours. Students frequently play for local clubs, especially the Old Re+gati2ns Rugby and Hockey tlubs, and Reigate Priory Hockey and Cricket club5. Outdoor Attivities. The School promote5 0 healthy life5tylE amongst its students, including taking part in outdoor activities. All siudenrs over the age of 14 are encouraged to join either the Duke of Edinburgh Award Scheme or the Cembined Cadei Force, both of which teach leaderShP skills, 5elf-reliance, teamwork, and community understanding. The Combined Cadec Force also contributes to the promouon gf the efficiency of the Armed Forces. page 7
Reigaie Gi-ainmèr Sclio()I Coiifiolidaied firn(la1 SiètemeTiIS lor tl)t" yeai- ei)ded 31 August 2ts23 Strategic Report Revlew of Actlvities 2022-2023 - Relgate Grammar School Examination Results Reigate Grammar School's A Level results with 95% of all grades being A to & 77% ofgrades being either A or A and 100 per cent pas5 raLe for the 20th year running demonstrates the continued success of the school. At GCS£ 68% of grades 8 or 9 while 86% of grades were 7 or better. For the eighth year running, all Reigate Grammar School students applying to medical, dental and veterinary schools gwned an offer and Secured their place. This 15 testament to thÈ students. hard work, the dedication of their teachers and the effettiveness ol the school'5 programme which prepare5 Students for medlcal sch901 application. Careers and UCAS The Careers department held careers talks every tr40 weeks proYidin8 Up-to-date inforniation for studen¢5 on a widè range of cireer option5. Working online brought wide-ranging talks and we now have a large bank of recorded presentation5 on our Careers website. We are now running a mixed progrydmme of online and face-to-face events: the was an appren¢iceship5 evening. an accounting and finance evening and an engineering evening. The Hi8her Education Information evening featured a presenTation on 'How to choose your course and universiry* and how to make yourselves excellent candidotes fvr unlverslrf Irom Mike Nicholson (Director of UndergraduaTe and Pos¢gr&duatÈ Admi55ion5 at University of Cambridge). We also had presentations on apprenticeships and Oxbridge admissions. We held a career5 convention in February with over fify career areas represented. Students also enjoyed a fats-to-face Q&A with former RGS universlty student5 about their unwersity coyr5es-. 5tudent5 were helped to prepare for universicy intsrviews at the inieryiew evening and multiple mini-interview evenings., Fifth and Lower Sixth Form 5¢udents took part in a careers profiling and inierview exercise; and stvdents and parents were invited to attend a CV and interview preparation evening. Every year group had a careers lesson during Careers week, and Fourth Forni st(tdents 311 undertook 1 5-week careers course. Lower Sixth Form students had a UCASlalterftatives preparation course, two UCAS day5 and trips to Universiry of Oxford and University of Southampton. A weekly newsleLter included ideas lor online courses. work experiences and reading that students could undertake at home. In addiLion. the Careers department offered feedback on student CVS. Combined Cadet Force (CCF) With cade¢ numbers reaching new highs thi5 year RGS cadets will be able to enjoy even more thrilling activities. For the first time over twenty cadets were able ¢0 enjoy both the CCF and DolE combined. Our partnership with Rei8ate School Is growing with rwenry cadets InIng us on a weekly basis. The highlight of thi5 year will no doubt be our parricipation in the Ltsrd Mayor'5 Show in London a Irst in the school's history. We are also looking forward to our week of adventurous training in the Easter Holiday and our Summer Army camp sn the first week of the summer holiday. With new connectyons with other local CCF units, we ar¢ éxpandlng the opponunitiès offèred to cadet5 competirions the school has never entrred befr>re, the mos¢ recent being a very well-de5erved second placé in the Shephird Cup at Epsom College. We look forward to building further conneityons with other CCF units. Drama Drama performed a full programme of shows includirsg a full-5cale prodvttion of the classic children's story Treosure Islond. Over l 00 students took parc onsoge and backstage, and the show was brilliancly received by sold oui audience5 throughout its run, including a full matinee of udentS from local prep and primary school children. The autumn terni Saw full attendance5 at the Juntor Monologue Slum, where student5 performed for a panel of invited judges, and the launch of the Ma5terclass programrne. where vislting theatre profession31s came in to Share their skills across a range of disciplines. Theatre trips for various year group5 saw The Cruoble. Blue5 for Alobama Sky, The Woman ln 810(& The Oceon At the End of the Lone and olean In the spring rm. the Concert Hall was transformed into i retro 10805 colour pop ofcomedy capers for a new adaptatyon based on the1980s book and TV serie5, Marmolode Arktns. The script wa5 written and adapted by former student and professional writer Isobel Radford. In the summer term, alongside a Shakespeare Slam and a Choreography Slam. eight Second and Third Form students performed at The Brighton Fringe. a new work called Bleeper! an edutational puppet show about friendship and loneliness. The Concert Hall was again transformed. this time to accommodaEe the premier of a brand-new musivdl.. Terryl with music and lyrics written by Marianne Hare and Richard Hare. RGS teachers of Drima and Music respectively. The show fvdtured a live student band, as wdl as over ffifty 5tudonts from the Second and Third Fomi& We opened up our slams to a perlormance at The Harteq(tin in page
Reigale Grammai. School Cijnsolidared Piiiancial SLatne1,1t5. for the year epded J1 August 2023 the Waller Cinema.. where 5tudent5 were able to perforni more intense monologues and duologue5. alongwde performances from our musical theatre club. Exam Drama continued to stretch and harness the political and soclal brains of the students, with GCSE devised performances exploring topics Including loneliness. poverty. menral health, the justice sys¢em and missing children. GCSE ScriPd exams ranged trom Harold Pinter to Caryl Churehill. and We excellently received by the exam board, who were effusive in their praise for the depth and quality of the work. A Level work included a reworking ol the musical Evewne'5 Tolking About Jomte to look at the treatment ol women in creative indu5trie5.' a naturalistic re-interpretation ofDefjr Evon Hansen in the style Katie Mitchell. incorporating video and binaural tschnology and extrnC¢5 from Streetr¢7r Nruned Desire. Duke of Edinburgh Award (DolE) RGS has had another Successful year with 196 students finishing ind receiwn8 their Bronze. Silver and Gold Awards in April and is ever popular with another 342 students taking on one ol these challenges in 2022-2023. Record numbers of our Gold students were invited to the Buckingham Palice Gardens to collect their Gold certificates last summer. DofE expeditions continue to be a highlight with students. pushing themselves to demonstrate their resilience and dererminauon. This year the Bronze studenis coMpled expeditions on l¢xal tsrrain. exploring new footpaths and campsites and learning to hone thesr newly acquired Skills, miny camping for the first time. Silver award sutdents were challenged with the North and South Downs for their practice and qualifying hikes, hiking over 130km in iotal. Thi5 distance tests their limits both physically and mentally. The Gold students explored the 8recon Beacons and Mid-Wale5 during the summer. The qualifying hike was a parttcular challenge with significant rainfall and winds, particularly on the mountain tops. blrt all succeeded in these Sting£1mÈs. In addition to the expeditions. our DofE students have eompletsd thousands of hours of volunteering as part of the Award. helping local charitie5, ellvironmen¢ and the community. DofE also provides students with ¢he opporwnity to dedicare time towards improving a skill and 5por¢ or Simply trying 50me¢hing new. Conservation work with Reigate Action Conservaiion Volunteers IRACV) has become increasingly popular with osjr Bronze students and it often edvcates and ignites an interest in the local envlronment. Furthermore several of our Bronze Students learnt key ski115 in First Aid as Part of their DO skill, taking part in weewy lessons lor 3 mon¢hs. RGS con5isntly appears as one of the most successful DofE school units in the country. House System The House system at RGS 15 embedded not just in a eompetitive sense, but in conunuing to grow a Sense of community from the oldest to the youngesr students. This is evideni in the enthusiasuc support at all events and participation in weekty House assemblies. House Singing (with both uni50n and harmony performances from each House) set che tone lor the year to come as a harmoniou5 delght filled the Sports and Concert Halls. We continued the term with House esports and the introduction ol the grand finale being played in the whole school assembly at the end of tsrm filled Students with excitement Other House activities such a House Chess. Gun Run, Bake Off. Junior and Senior Debating and rhe junior Quii were as hotly eontested as ever. The House Sports Cup was cOnsd with the usual gamut of sports, including well-supporyed Football (with our first ever yrls, football competition), House Goll and Swimming. vents ctsntinued to be held throughout the year in 5UPPOrt of the House Charitie5, Wlth the new Valentines, Day Singalong proving to be a very popular eveft¢. The success of House familie5 continues and with each year that pa55es the student5 are becoming more and more comfortable in ¢heir vertical families and starting to form solid bond5 with students in other year groups. With more of a focus on utilising the lime we have in these groups in the year ¢0 come, we hope to see the house sYsM contiftue to thrlve and creaie a sense of bdonging and togetherness lor pupils. Model United Nation5 The Model United Natyons Society at RGS has proven one ol the most popular and diverse clubs in the school. particularly among Sixth Fomi students who are interested in pursuing studies in poliTlCS, law or medicine. We are currently aitracting large turnout5 for both our senior and junior clubs which meet weekty ro discuss and debate iopical issues whith affect us globally. Our own ReiMUN Conference. (celebrating its 27 year in October 2023, had over 400 pupils and our local MP in attendance) and our junior RMUN Conference allowed pupils from local schools - both State and independent to come together to consider key issues of the day. These conference5 offer students an opportunity to initiate. rnage and oversee a six-month long projec( unlike virtually any other club or Society. We were delighted to return to the conlerence circuit and attended ConfenceS at Royal Russell School. Lingfield College and Haileybury School. The students had a globally posttiye response to these lively conference& miny having taken part for the first time. We were delighted to Ceive a range ol awards at all three and look forward to another successful MUN year! page 9
Rpigatp Gfammar Sctto(Il Cui)siJlidatcd Tiiiani'lal SlaletneritS lor ilic year eilded 314u8u5L ZOZ3 Music The MLtsic department returned for the new academic year with a very full programme of concert PerformceS from infomial showcase concerrs for soloists and small ensembles to the ever-popular bands, orchestras and choirs which feature in the major eoncerts of the year. Live musical performance5 continued to be an Integral part of all school even with open morning. assemblies, seNlces and evening events invariably prominendy featuring RGS musicians. The RGS Music Partnership Project, Saunched September 2021. continued tts thrive. enhancing and developing the provision of music education in our community. Mussc department staff continued to visit local primary schools on a weekly basis. working with cla55 teacher5 to deliver an engaging and inspiring mu51c education programme. In addition, the Project expanded this year to include the establishment of the RGS Staff & Pareni Choir, rehearsing on a weekly ba5Js under the direction of the Direc¢or of Music 3nd Head of Choral Music and joining RGS student5 in concerts throughout the year. RGS Saturday Music Colleg& con¢inued to provide musical opportunities lor students aged 6 to 18 from i variety of educational settings through weekly instrumental lessons and interacuve family concerts. We have been bowled over by the enthusiasm for these partnership collaboraiion5 and look lorward to seeing where they might take us in the luture. Autumn term evenLS included two lunchtime recrtals at St Matthew's Church, Redhill. the ever-popular UnplL+gged and Cabaret Nlgh4 the llano Showcase and S¢ring Showcase, two informal concerts. a RGS Foundacion event at the Bankside Gallery, charity carol 55nglng at London Bridge and rhe Reigite Christmas Fayre. All large ensembles and the whole of the First Form performed 10 a sell-out audience at Ihe annual RGS in Concert at Dorking Halls and members of the RGS GOdfY Searle Choir and Polyphony sang at St John's College. Cambridge Ely Cathedral a5 Part of this year's Cathedrals tour. The term culminated in the beautiful Carols by Candlelight at Si Mary s Church. The highlight of the Spring tsrm had to be RGS in Concert at Queen Elizabeth Hall, thi5 year's annual London concerL The enwable talent of 300 singer5 and InstrumerItIsts was supported by a full house of over 700. The RGS Music Partnership Project was celebrated at this event in a 200-strong tnassed choir and orchestra performance of Carmina Burono at Southbank Centre's Queen Elizabeth Hall, featuring RGS studen¢ staff and parent musician5 aloryide those from RSM. StJohn'5 Primary School and Lime Tree Primary School. Other Spring term evenrs included two Instrumental & VcK31 Evenings. showcasing the weekly instnjmental and vocal tuition +n providing a performance platform for soloist5 and small ensemble5, jazz After Dark, Plugged, Wind and Brass Showcase. Choral Recital and two Informal Concerts. The summer term began with the firsi of two new events, an Orchestral Recital 3t St MaLthew's which celebrared the Class of 2023 in a serie5 of concerto and small ensemble performances alongside ensemble musicians of all ages. followed later by the new Lower School UnpIuEd. We a150 hosted the Vocal Showcase. two Inforrnal Concert51 performed at a Foundation even¢ CCF Mess Cinner and the Headmaster'5 May Day Celebration. The term climaxed in our now annual summer music festival. RGS Hartsfest, featuring every RGS ensemble. the Corps of Drums and perforniances from each of the Music Partnership Projett choirs accompanied by RGS musicians. A huge number ol RGS studenrs participated in the Reigace & Redhill Festival of Music, winning several trophies including the overall Winner's Prize- awarded 10 the best of over 700 entries. In the region of a hundred students sar ABRSM examinatyons, a high proportion of whom were ai Grade 7. 8 and Diploma levels. Two 5tudent5 were aceepted into the National Youth Orchestr4 two into the National Children's Orchestra. Half a dozen Students contFnue to develop thr musicianship at the Royal College of Mu5ie lunSor Departmeni. Academic music con¢inued to thrive with encouraging GCSE and A Level re5ults.' 60% 918 at GCSE (our lar8esE set yet at 25 studentsl and A A A at A Lèvel. Sport Sport continues to evolve at RGS with increasing emphasis on our vision develop great people through sport. The siories from sport thi5 year have been increasingly r¢)0d In a values-b3sed and behaviours-driven approach. where sport 15 about being part of Something bigger than yourself. The gender balance of sport opportunity tipped in 13vour of girls for the first time in the school's history with more clubs available for girls than boys and a host of mixed sports. Girls. off-season critkei neEs matched the boys, opportunitie5 for the flrst time and &rls' foo£ball and rugby both ran on a weekly basis lor all students across two terms. Our high.performance hvb continue5 with weeksy seminarys on a host of performanceryba5ed ¢opsc5 including 51eepi nutrition and strength rraining. Pupil feedback on the newly designed Physical Education programme ha5 been very posiove with the modular approach on Healthy Lifestyle5, Creative and Athletic DevelopmenL Aquatics, Invasion Games, Net Games and Striking & Fielding Activities. Game5 is more fo¢used on developing teams and preparing pupils for competition. After-xhool club5 and activities progrimme continue from where the Dmes programme stops we now offer Over 80 weekly SpOS clubs where student5 can further develop their passion in sport and phystcal activities. Key area5 of growth hive been the partnership development5. Football provision has benefitted Irom a partnership with South Park FC. Golf squads have benefittsd from profe5siond coaching from ReIga Hill Golf Club and tennis teams are now linked closely with Reigate i)age l O
Reigate Gramrnar School - Consolidaied Financial Sidiem& Its for the year ended 31 August 20?.3 Priory Lawn Tennis Club. This has allowed each of these sporrs to offer opportunities for both the highest perforniing pupils and beginners to the sport5. Our top teams continue to excel with excellent result5 both on the pitch and in ternis of pupils going on to represent county level Sports or above. Our senior wrls swim team retained the Surrey Championship trophy lor the fourth consecutive year after stand-out performances at the Guildford Spectrum and we had several individual winners. There are now 150 pupi15 atiending football practices on a weekly basis with 2 full two. term fixture prograrnme in place. RGS golfers now enter three national competityons and collect world ranktng points. We are consistendy in the top schools in the South East and are be&'nning to compete in major competition on a National Svdle with a recen¢ eight placed finish. There are 35 competiuve sports across nine distinct categorie5 of sport with the latest introduttion of Judo and Taekwondo into the curriculum and co-curricular programme proving to be highty popular. Academic PE continues to thrive with outstanding results. 36 pupils sat a PE GCSE with S l % ichieving a grade 9. Our four A Level student5 achieved two A one A ind one B grades. All BTEC Sport swdents gained triple distinttions and thus accessed Rtsssell Group univer51ties. Revlew of Activitles 2022-2023 - Relgate St Mary's Preparatory and Choir School During the academic year 202212023 the school was inspetted with judgemenrs of 'excellenr in all areas.. Thls reflected the academic aFKI social development outcomes that the school believes it produces, affimiing the fact thit parents are buying into a high-quality education. Approximately 90% of Year 6 pupils moved onto our senior school once more. with the majority of those remaining moving to Independent secondary schoo15 - where 21 pupils were iwarded scholarships - WlEh just one moving to the maintained sector. The estates improvements hive included the development of a new toilet bl¢xk to increase the provision for clNldren, updated resources and décor in the Early Years a5 well as outdoor playllearning equipmen¢ for the Early Year5. IT investment contynues with iPads now being used by children in Year 3 upwards as a.digi pencil case. honing Iheir skiS1s lor future integratton of IT in both education and the workplace. The Godrey Searle Choir conllnue to ng at publc services lour or five times a week They continue to sing at cathedral 5t2ndards and the school remain5 an active member of the Choir School Association. Choristers also sing to and meèt with the older generation at care homes and also at Chdsea Hospiul. Extracurricular activities continue to grow with almost 60 different opportunities lor learning new skills, engaging in extracurricular clubs including 5por4 gardenln& dance. chess. martsal arrs and many more. The school continues to develop the aademic excellence and although maths is a particularly strong Subject for pupi15 at the school, fijrther development5 focused on problem solving and higher order thinking continue to develop with new stheme5 of work being brought ID and (rainig for Staff to extend the thinking and collaboration of pupils. Pastoral care remains strong at rhe sthool and thi5 year there ha5 been a fDClJS on the 'Zones of Regulation. which Ènable5 thildren to assess how they are feeling and learn how to manage their feelings and emotyons 50 they can better interatt with others and stay focused on their learning. From September. a new School Development plan will be generated so all stakeholders are currently being consulted lor input into this development plan. Residential trips for Years 4. 5 and 6 all resumed and were extremely successful. Staff Professional Development once again included safeguarding and first aid trning, but a150 focused on the future of education, and particularly Educaiion for So£ial Responsibilicy understandiftg SL¢51nab11lLY issues and how to tackle them. Considerable amount of fundraising continued with the school supporting local charities such as Loveworks, Swpey Stork and Sal's Shoes. The School 3150 r3ised money for the Bakiga Projecc in Uganda, where money fdised through a water walk prov+ded three Separate communities with waier tanks which fill from raInWar and provlde Ihe local ommunlty with relativdy Iresh water for the six dry months of the year. The facilities continue to be widely used by local community, with the Sports Hall being used by sport5 groups lor crickeL badminton, five-a-side football and by the local church, including Sunday morning children'5 church activities. Numbers conrinue to grow, and the School once a¥din will have over 400 pups'ls from January. page 11
Reisate GbBmniai" School Coi)501idated Financial Stèlempn loi. tlie year ended 31 Augu&t 2023 Review of Actlvltles 2022-2023 - Chinthurst School During the 2022123 academic year. extellent resvlts were again achieved, with 40 Year 6 children all ining places at the schools ot their choice. Out tsf this cohort 20 accepted offers from RGS (this was 50% of the year group). Five children I12.5%1 accepted offers to Epsom College, seven children {17.5%1 accepted offers to Box Hill. 6 children I15%1 accepted offers to Dunottar. one child 12.5%) to City ol Freeman's School, and one child 12.5%) went to Kingswood House. Offers were reteived Irom Stjohns, Cranmore. SL Teresa 5, Manor House. Reeds. BelmonL Linle1d. Downsend and Worth School, 12 RGS Scholarships were awarded16 academlc, 5 Sport and I music) and a total ol 13 scholarship5 excluding RGS to other 5choo15 {2 academic, 4 spor¢ 4 dramA I music and I headteacher'5 award)- During the year to 31 August 2023, Chinthur5t contlHued to demonstra strong perforniance5 in sport5. Football, rugby. netball. trickeL hockey. swimmin& athletics were some of the disclplines available to children. The gender-nèutral sports programme continued in eamesL demonstratyng strong performances in 211 four disciplines. wilh excellent result5 achieved in Ilxtures acros5 the board. This culminaied in the school being awarded the highly prized Independenr School of the Year for Sporting Achievement 2022 for its foward-thinking approach to sporL The sports departmeftc also lead another successful annual multi-sport week where children h*d the opportunity to try out a range of sport The strength of the arts at Chinthurst Wds maintained, with the music and drarna departrnent surpassingthe previou5 year's successes. The music department continued to offer tuityon on pi3no. 0}in, cello, flute. guitar, drum kitlpercus5ion. voice, and trumpe¢ with keyboard, recorder, violin, ukelele and djembe drums taught in classes from Year l. Our young instrumentalists also enjoyed the opportunity to join our school orchestra to develop their ensemble playing. The children had many oppollunities to showcase their musical talenrs, as 50101st% as part of an ensemble and at school perfomiances throughovt the year. In music we had 131 children learning a musical instrutnent which is 59% of the children in Year l - Year 6. Thi5 percentage was malt)tained on the previous year de5Pite 28 children leaving who were learning ins£rumenis (fhese consisted of Year 6 children and children who lefr Chinthurst at the end of last rm). We were also pleased 10 have added 3 new peripitetic oachers to the musie departmenL brass, singing and piano, and we also s¢ed new small brass groups which were offered to children Year 3 antj 4. 37 children were entered in the spring term for their LAMDA exams with 3 children awarded high merits {75%- 79%) and 35 children iwarded Distinctions (80% and abovel- A record numbèr of 125 children were entered for their LAMDA drama exams in the Summer term af which 6 were awarded Merit awards and a phencmenal 119 children were awarded Distinction award 180% and above}- For the first time, we had 4 Year 6 pupils take their Grado S LAMDA drama exam5. lan excepttonally high level lor thi5 age) and they were all awarded Distinttions. Our £O&currieular provision provided the opportunity for all children to sign vp to 2-4 clubs to fvrthÈr enhance their Schooling experience. These included cricket coaching. sinyng club, ballek choir. corder club, sassy stirrers, tennis, rap dancin& football. netball. chess. cr05s country. and Lego to name a few. This year brought further improvement5 at ChinthursL with the installatyon of LED lighting in the lower school hall. dining hall and one of the upper school classrooms. The lower school hall also had a refresh with a new polished fi¢)or Ind repaint of the walls and ceilings The floors were replaced and recarpeted in the drama swdio and Morris House corridor, a5 well a5 one Year 4 classroctm. A new outdoor classroom was installed to enhance the outdoor learning experience for the children. The installation of new double-gtazed windows continued with the replacernent ofwindows in the dining hill. music room and the old suff kitchen. A new staff room with work room and quiet sPe as well a5 a social are& were installed within the space of the old second floor flaL all with new fire doors. The old Swimming p¢)ol changing rooms were replaced from a leased unit to a bought one. Two new IrI,5 toilets were created from one to meet Ehe requirements from the increase in the number ol gir15 in the sch¢)ol. The old sports storage space was turned into a new office for a member of the sPOrt5 department. The sport5 field wa5 also sanded and reseeded. New CCTV cameras were installed with better coverage. A new eco greenhouse was installed built solely from plastic botdes. The school also recVed further recognition of an Eco Schools Green Flag for a second year running for its efforts ro continually improve its sus¢ainabil+ty and rnise awareness. The spor¢5 hall continued to be used by extsrnal clubs and 5wimmlng lessons were provided to l¢xal children in the sthool'5 on-site 5w>mming pool, including children from a lo1 State school. The school organized several drive5 to support local and national charities with money raised tor The Children s Trus( Neuroblastoma UK and a Place2Be.. highlighttng the Importance of community sernicé to the children. RGS International RGS International Ltd (RGSII was es¢abli5hed six year5 aga as a 100% owned trading subsidiary ol Reigate Grammar School with a strategic vision ro ewblish British-style schots15 around the world under licence to RG5. RGSI aims to deliver an increasing internatlonal dimension 10 the understanding and experiences of our pupils,. ftnancial support for page 12
Reigate Grammdl. School Cnnsolidaied Fliii¢ i)cTral Sièien)enis loi. 11)e yeai- ended 31 AugtI5t 2023 further invescment artd bursaries,. and the opportunity to enhance rhe educational experiences and outcomes of pupils in countries with les5 developed education systems. We consider RGSI expansion opportunities carefully and only pursue these rf we are satisfied that the iniernational schools share our eth05 and w&lue5 Ind we arè able to exert material influence in key areas suth as pupil welfare and pistoral matters, teaching and Irarning philosophy, and curriculum design. RGSI ha5 a school agreemen¢ in China. with our first school in Nanjng bÈin¥ now open at both Kindergarten, primary and now middle school level. Recent regulatory change5 in China means that plans lor further schools under this 3greement are currently on hold. n the prior year. RGSI signed rwo new multi-schaol parrner5hip& one in Vietnarn (Signed in September 2021 l and the other in Saudi Arabia. Two schools havè bèen re•branded to become RGS Vietnam and RGS Riyadh. with further schools being discussed in btsth countrie5. RGSI contynues to work in other territories to diversify its geographical coverage and global reach and we are continuing to explore other potential projects in ¢he Middle EasL South-East Asia and Europe. Development of the School estate Across the Relte Grammar School group. we have undertaken a number ol project5 this academic year. At Reigate Grifnmar School this has included the creation of improved playground and MUGA facilitie5 for pupils. We have also performed a number of external work5 projects to repair rooves and chimneys of buildings across the si. We have so upgraded h&tin& fire alarm and CCTV 5yStem5. At Rei8ate St Mary'5 we creatsd a new toilet bltsck within Beech House and renovated an existing toilet block. At Chinthurst we have replaced windtsw5 Irt the main build1r installed a new CCTV system and created further giAs toilet facilities. Post Balance Sheet everbt- Merger with Micklefield School In Vdrly March 2024 the Board of Governors signed an agreemént to welcome Mitkletheld School to the RGS group of 5choo15 wi¢h effect from 28 lune 2024. Micklefield School is an excellenE 5ucce5sful. and financially secure Reigate¥b&sed preparaiory school, providing outstanding curriculum opportunities and outcomes for all its pupils. In 2023 all Schools in the RGS Group- including Micklefield school were rated excellent by the Independerbt Schools Inspectorate (ISI). As well as supporting high academic mndards, all schools wtthin the group boast a plethora of awards for excellence beyond tht classroom. Micklefield School will retain its rbame and branding as well a5 its own distinctive eth05 35 an independently minded preparatory school for children aged 2-1 l years of all abilities within the RGS grDUP. Under the continued le74der5hip of Headteacher. Mr Ryan Ardé, Micklefield parents will see their xhool continue to thrive lor the long terni in its current location a5 the h¥Jpy, kind. and caring school it ha5 always been. RGS has worked c105ely with Midclefield School lor many years and this merger of partner5 will put thTr5 coyeration on a more formal footin& further Sengtheing wnember5 of the RGS Family of schoo15. Upon completion 91 the merger in lune 2024. the Micklefield charity will be lully incorporaod into Rei8ats Grammar School. Plans for the future During the 2023124 academic year. the schools continve to focus upon a balanee of visible project5 to enhance our provtsion for pupils, as well as conducting repair and refurbishment programme5 for the school esta5. At RGS we are in the process of appeallng a planning decision for a new Sports Hall. We have plans to improve the School estste at each of the three schools this Jcademsc year. During the 2023124 academic year at RGS, we are planning to cre3te an e-sports IT room within one of the Computer Studies classrooms, a5 well as to make improvements to the En8li5h department and Reception areas. At Reigate St Mary's. in 2023ll4 to date we have already replaced our CCTV system and are planning works to resurface and replace the feneing on our top MLIGA 3s well as replace rhe awnngwith a permanent covered area for our youngest chsldren in Early Year5. Ar Chinthur5t School we are planning to replace all windows on the front farade of the main building and have already resurfaced much of Ihe hard landscaping ai the main entrance to the school. pa8e 13
Reigaie Gi?rTTrmal' kl)L)ul - Coiisolidaled FTriiitiicial SfhieniL'I)ts loi t.l) yehr enaed 31 August 2Q23 During the pasr few years. we have continued to learn substsntial le5son5 from the periods ol remote leaming in the pandemic and 10 develop our IT. One•to.one devices have been launched at RGS. a5 we strive to further devejop the use of technology in the classroom acros5 the schools. The school will continue to invest in the IT infrastruccure to support the delivery of ihtrs continued development of IT in che classroom. All three Schools are operatyng wth high pupil numbers and to continue our success as a group of schools. Our rJrget is to maint&n exam results at the very high levels of recent years and to continue to help 5tudent5 on to the best next step beyond School. In the future thai will conrinue ¢0 be Oxbridge and Russell Group univer51tie5 alongside assisting pupils with ipplicitions for prograrn5 such a5 degree apprenticeships. Reserves Policy The Governors adopt a prudent and cautyous approach in managing the financial resources of the School. They mainrain c105e control over expenditure and set fee income at a level which will.. meet all revenue expenditure, a5 well as the cosi of providing some bur5arie$'. generate a surplu5 sufficieni to provtde an adequa¢e level of interest cover on the School's financing costs.. provide a leyel of cash flow that is appropriate for the financing of the School's capital expenditure programffle.. maintain. as lar as possible, stability in student numbers.. and recognise the surplus {or deficit) the Surrey County Couneil defined benefit pension scheme, which we have recognised as zero as at 31 Augus¢ 2023 12022= zerol- When in a deficit position, this represents i long-term obligation in respect ol some of its employees bu¢ it does not represent an imrnediate call on the Group's resources 50 there is no resultani Ilmitaiion on the application of the Group's general fund or of its restrleted fund The RGS Charity has nine restiicted funds totAlling 14.3m. as follow5 {please reler to Nore 16 for more details).. The RGS Foundation was set up to hold monies from fundraising tsndertaken by the school. All monies received have been credited, tsn the instructions of the indiwdual donors. either to the 1675 Bursary Fund Iwhith has £4.2m at 31 August 20231. or to a General Fund Iwhith has £89k at 31 August 20231., Two years ago. the sch¢)ol was gifred a property in Monk5 Walk. Rgate, in the legaq of a Iormer teacher. Mr Robin Bligh. whieh was sold in the prior year for £971.232. with the (und5 being moved to the 1675 Bursary Fund. There are six smaller restricted fund5, Wlth their associated ralues as at 31 August 2023, with the m05t notab being.. the 100 Club fuad Ifor providing opporcuniries for school trip5. £IOk), the CCF lund (£9k) the Stanley James Osmond Bequest (for the house s¥5M at RSM, £5kl and the Daniel Clarke fund1£3k}. Chinthurst ha5 one lund. the Illing Prize Fvnd, which Is used towards annual prizes &ven by the School. which totalled £9k The RGS Tr115t ha% thrpR rp.%r.rir.rpd fLind8 rntAlling £2.30m As lollows (please refer to Note 16 for rn0 deulsl: The Paul Bewshea Fund (to provide financial assistance to students who have shown an interest in aviation or science AS a career, £30kl'. The Foundation and Charity Funds (for prize5 and awards, £13kl', and The Godfrey Searle Properry Fund (cread by the donation of land and buildings by the Godfrey Searle Choir Trust in 2011. £2.258kl- The designated funds relate to a building developmentfund for the Balance Building and t¢xal £282,81412022: £281814}. Unrestrictèd reserves Igenernl reserves) total £24,614,485 {2021. £21.691.5091. As a consequence of ¢hi5 approach. all ol the School's unrestricted reseryes ve been re.inve5ted to improye the facilittes of Ihe School so It has no free reserves as defined by the Chariry Commission. The Governors consider tha¢ the School's 35sets are sufficient to meet its obli8ation& Financial Result5 In these Financial Stxtemenis for the year ended 31 August 2023. 'the Charity, represents the results of RGS. RSM and Chinthurst. 'The Group resulrs include che Charity, Reigate Grammar School International. the RGS frust and Reigate Grammar School Tradinl Limlted for the twelve months ended 31 August 2023. Ouring the yw the Group achieved net income before other recognised gains and losses of £2.932.486 12022.. 12,367,693)- This been a 5ucces5ful year lor the School, with excellent resulis. increased pupil numbers Jnd a Stable staff body. The overall impact is that the net assets of the Group increased from £28.762.496 to £31.512,935 during the year. page 14
REigaie Gièmmai. School ConsolidNipd Finaiic1al 5131emenis lor the year ènded 11 August 2023 Structure. Governance and Management Governors, duties ufider Section 172 of the Companies Act 2000 Section 17211} of the Companies Acc 2006 requires Ehat a director of a company musc act in the way they consider, in good f&th. would be most likèly to protnote the 5ucces$ of the company for the benefit ol its mernbÈrs a5 a whole 3nd In doing so havè regard to.. the likely consequence5 of any decision in chelgng terfn.. the intrre5ts ofthe company's employees- the need tts 105ter the company's business relationships with supplier5. Cilstomers and others.. ¢he impact of the cotnpany's operation5 on the community and the environrnent.. the desirability ol the company maintaining a reputation for high standards of business conduc¢ and he need co att fairly between member5 of the company. The Governors of the School have undertaken the following Tneasure5 to malntain open working relationships and engage with employees at all three scktools.. Governors engage with Senior staff from across the three Schools in the Board Commitiees and Board of Govemors meetings which occur regularly dLsring each term. There is angoing liai50n beeen Senior Staff and governor5 on a range of matters ranginglrom educational, estates. tinarscial. Safeguardin& recruitment to health and safety and the wellbeing of staff and pupils. Governors are also in active dialogue with senior sraff regarding any i5sue5 or concerns as they arise, such as any parental complaints, Safeguarding or pastoral matters. There is a150 a designated HR Governor who oversees all HR fflatter5; The progress ofall Staff, from performance to wellbeing, is monitored bythe Education and Welfare Committee of the Btsd. Governors meet new staff who join during the year at an informal event held prior to the first Committee meeting of each academic year. All governors are now available to contact on school email accounts, which has increased their accessibilTty to all staff atr05S the three Schools,. Through the ongoing dialogue with the senior teams of the schools. Governors have been ensuring there has been ongoing information and communication with all sraff. For example. this occurs at RGS with weekly STaff bulletin and a whole teaching Staff weekly meetin& and Governor5 and senior staff encourage a culture of openness and discussion, which helps ensure employees are well briefed on developmen(s Impacong thelr employmenc The Governors ensure that they are up.to-date and engaged with parent5. pupils. the sch901 community and suppllers of the school through the followin[. Governors regulad y attend school event5, frc>m concer¢5 to art exhibition5 to parents, evening5 ¢0 ensure that they are abreast with school matter5 which impact upon staff, parents and pupils., Governors continue to monitor and 105ter the engagement between the sehools and the community, which has been oudined in detail in the'Public Benefit, section of thi5 report on pages 6 and 7. GoYernor5 have recently been fully involved in our 'lnclusion and Diversity Review. as we con¢inue to review Equallcy, Diversity and Inclusion ol both pupils and staff within our schools. Governors have also TflPUt to developing are35 of the curriculvm. such a5 Relationship & Sex Education (RSEI. Governor5 a150 revtew third party reports. such as the Independent Surrey Safeguarding Review (which took place in November 2021 l and Health and Safety reviews from the consultant5, A5surity. Governors have regard to the need to ensure good working relationship5 with the Sthool's supplier5 and Supplie are paid on or before invoices are due. Throughout the pandemic, there have been no changes to the School's payment practices. so relationships with suppliers are being maiTrt&ned. Risk Management and Internal Control The School rnainr21n5 a Major Risk Register which the Governanee & Risk Management Committee reviews annually. prior to thi5 being circulated to the Board ol Governors. The key risks identified, which are common to most independent schools. are the Fmpaet of the Psent economie climate on the ability of parents and prospective parent5 ¢0 afford lee5 (particularly if VAT wa5 levied on school fee51, chanze5 in the political climate and the challenge5 which would face the khool if there wa5 a major incident. The Governors will continue to monitor the finarbcial, health and safely and other impacts ol the pandemic on the schools during the 2022123 year and beyond. Every major risk in the rey5ter has a number of separate awons which are taken sn order to mitsg3te them as far as 15 possible. For example, fee increase5 are kept to a minimum to ensure tha¢ they remain affordable for current and page15
Rei£ate Gramiiiai. khoDI- Con501idaiEd Fiiianclal Siaterne1115 for tlie year endèd 31 August 2023 prospective parents and budgets are prepared with contingencie5 for unexpected events. The school updates its Fire Procedure5 re8ularly and performs rotsune risk assessments of all ex¢ra-curricular and co-curricular activities. The Committee monitors the effectiveness ol internal and other controls which have been instigated to mitite these perceived risks. The Committee also reviews any major risks that may arise from time to ume. as well as the systerns and procedures estsblished to manage them. The Governor5 are sxtisfied that all major risks have been mitigated as much as is possibl& Simplifled Energy and Carbon Reporting - Annual Submission for the year ended 31 August 2023 The enery use 15 predominantly fram school busldings with a small amount from tran5PQrt which 15 mainly minibuses. This reporc has been prepared in accordance with the Environmentaj Reporcing Guideltnes january 2019. Data reported here is based on two applicable sources. Scope l Direct emissions derived from road fuel use for transport and the combustion of $ within stationary plant and equipmenL Scope 2 - Indirect emissions are derived from metsred electricity supplie5 ¢0 the various buildings which comprise the estats. UK Energy Use by Scope SCOPE TOTAL kwh USED TOTAL kwh USED 31Au ust 2023 109,250 24.001 31Au ust 2022 Sco e l -Trans ort 78.156 21.231 25.477 3.319.679 1.396,685 Included in transport 4.841.228 Sco l -Ground5 e ment Sco e l-Tem mar Sco 2.831.419 1.363,767 8.281 4.336.718 Sco 2 - Electricit Sco e3-Milea Total kwh Used e claim5 UK Em•$slong by Scope SCOPE TOTAL kgC02¢ TOTAL kgC02è 31Au ust 2023 25,833 6,240 31Au ust 2022 Sco l - Tran5 ort 18,609 5,520 6,624 597.542 270.091 Included in trdnsport Sco l -Grounds ment Sco l -Tem mar ee Sco 517.949 282,401 1,961 834,384 Sco 2 - Electricit Sco e3 Mile claims Total C02e 898.386 Emissions Intensity Ratio It has been decided to Use the total fvll-time population of the sehools as the metric lor comparison for SECR. This comprises the full headcount of staff of 459 {2022.. 4451 plu5 the average pupil numbers across the three schools for the school year 1.78412022.. 1,747)- The population of the schoo15 for the year 2022123 was cherefore 2,243 (2022.. 2.192}. resuliing in Ihe 202212022 EIR being 371.99 {2022.. 409.851 kgC02elper50n. It should be noted that the sthotsl year 202212023 represented a full return to normaiity after the Covid 19 pandemic, and that such aciivities as school trips eic were back to prethpandemic levels. Thu5, a redurtion in emissions of some 7.1 % is a very creditable re5uIL page 16
RÈl9ate GIBmmar $Ch1- consolidat Financial SitsL&in&it% far tho year e41d£•d 31 Augusi i023 Emissions reductions during the year Reigate Gramrnar School have an ongoing programme to reduce energy consumption. and hence C02 emtS5ion& which ha5 been running for some years now. This year's projects have included.. At RGS: New high effidency condensing gas boilers have been installed in both rhe Science Block and the Peter Ma$efield Hall. I boSler runnSng hours have been fvrther reduced during thi5 year by an average of an extr4 2 hours per day (Én both warm-up and cool-down cycles) on the five weekdays. The most energy efficient buildin& the Harrsson Centre. ha5 been prioritized for use for parent'5 evenings and the use of less efficient ones avoided. Enhanced energy twareness pro8rammÈ continues to curb any nonssential uses such as lightin& At RSM.. Older $t IluorescenE lighting h25 continued to be replaced on failure wth LED equivalÈnts. Enhanced energy awareness programme introdsjced to turb non-essential uses such as lightin& At ChinthursL Five single glazed windows co the main building have been replaced with modern double glazing reducing heal losses and cold air ingre5S. A programme of replacing older $e fltsorescent Ilghting with LEDS has continued. notably in the dining area where all lighting is no by LED ceiling panels. Enhanced energy awareness programme continues to curb any non¥e$5enual uses such a5 lightin& Aside from rnileage daims Scope 3 emissions are beyond the fflandated scope of this pOrt as they deal mainly with emissions arising from the attivstie5 015uppliers Dr customers of an or8ani5ation which a not directly controlled by the oryanisation itsew. RGS however. been instrumental in encouraging its contracted supplier of coach ¢ransport for pupils to change their flee¢ to coaches whose emissions meet PSVAR Euro 5 or 6 standards, which mandares a higher specificaton for vehicles of this rype. This effon has COnnUed throughout this school yeir. As i major customer, KGS has been proud to encotsrage and support this chang& Emissions reductions in the year ahead The following aCEions are planned to go ahd at the time of writing thi5 report- There are a number of fairly major medium.terni projects which are now under artive consideration which once enacted will encompass a ran8e of energy efficiency measures. These may however span more than one year hence are not detailed fully at this stage. The preferred use of the more energy efficient building5 Such a5 the Harri50n Centre far out of hours activities. parent'5 evening5 etc will continue to reduce non-core consumption. Energy e(ficlency PO1cleS for staff and pupils wll continue to be further developed In order to Increase awareness and Crea an eth05 around the same. RGS has been awarded the Eco-schools Green Flag Award with Merit having now formed 2 substantyal Eco- Committee to add$5 and lormulate a plan towards nett zero. As with all years. older lighting type5 are being replaced with modern LED fittings an failure. Emission5 Reductions Ambitions and General Policie5. All new buildings are built to enh3nced standards so heating and ventilation are predominantly natud. A5 boiler5 are replaced, they we replaced wtth more efficier*t one5. The school's energy comes from certified renewable Ènergy sourcts {REGO). In any new building projects phorovoltaic pane15 (or the roofs are actively scoped to prgduce energy for the school. In any new building project5 ground or air Source heat pumps are acttvely scoped with a view to installation ir7 prelerenee to traditional heating sourcès. A scheme 15 now under ¥iive consideration to a5SlSt staff in buying electric car5. Investment Policy and Performance The school has an Investmenr Manager, Inve5tet Wealth and Investment Limited (Inve5tecl, to manage funds on behalf of the RGS Foundation. A core strateglc objective for the RGS Foundation and the 1675 Bursary Fund Is to provide at page 17
Rei83lv Grammtsi School . Cuns0li(Jaled fiTraniiAI 5iditrin115 lor Lhe year ciidpd 31 1gl$t 2023 least fifty sustainable places for 1675 Scholar5 by 2025 and to build an Investment Fund of ac least £4m by this date. The RG5 Foundation seeks to produce the best long-term fin3ncial return within an acceptable level of risk. We assume a 'medium' level of risk. rhe mandate to Investec as the Investment Manager 15 discretionary. As at 31 ALsgusi 2023, the school had transferred £3.81 m into this new Invesrec fund12022.. £3.69m) and an unrealised inve5tment105s of £25.270 12022.. a loss of £281,631) 15 recogni5ed in the year. The net losses on other investments across the group totalled £12,010 in the yeir to 31 August 202312022= a loss of £2,271 l. Considering current market conditiorh5. the Governors are satisfied with the investment perforniince of both fund5. The RGS Foundation- 1675 Bursary Fund The Foundation and Altsmni Office has the 1n purpose of mntaInIng contact with alumni through various events and reunions and the importanr task of obraining donations for the Changing LVeS campaign. With clusters of alumni now in conract in North AmerCO Singapore, Hong Kong, the Middle East and Avstralia. as well as th95e in this country, these twin objettives have been very Successfully achieved, re$ulung in support being provided during the 202212023 academic year for fify-nine recipients of1675 5tholarship iward5. with a value of £1.125,00012022.. £1,000,000>. Fundraising standards The Governors recognise the importance of meeting the highest Standards of pracuce and care in relarion fundraising attivities. The school has signed up to the fundraising code gf practice and voluntaiily reglsiered wich the Fundnising Preference Service. The school keeps benefartors informed aboutfundraising attivitie5 through reg¢Jlar newsletters and reports. Ail fundraising activity is carried out by the school's staff, who all have received training on fondrtising standards. No complaints h2ve been rec&ved. The school only raises funds from former pupils, parent5. staff and those with a personal connecuon wtth the school and does not underoke fundraising campaign5 to members of the public. Statement of Governors, Responsibilities The Governors (who are also direttors ol Reigate Grammar School lor the purposes of Company Law) are responsible for preparing the Annual Report ol the Governors. irtrcorpora¢ing the Strategf'c Repo and the financial starements in crordance with applicable law and United Kingdom Accounting Standards {United Kingdom Generally Acceptsd Accounvng Practice). Cornpany law require5 the Governors to prepare financial statements lor each finincial year which give a rrue and fair view of the stato of aff3irs Df the Charity and the Group and of the incoming resources and applicatson of resources of the Group. In preparing these financial 5tatement5, the Governors are reqijired to: select suitable accountyng policie5 and then apply them Consisndy1 uL>ser'vtr Llie tiieLliods aiid pi-ii)Liples Llie Cliai'icies SORP, fflake judxements and esrimaS that are reasonable and prudent., sr2te whether applicable UK accovnting standards have been followed. subject to any material departures disclosed 2nd explained in the financial 5ratements' Prepa the financial ststements on the going concern bass vnless it is inappropriate to presume that the Chariry and the Group will continue in business. The Governors are responsible for keeping proper accounting records which disclose with reasonable accurary at any ¢ime the financial p051tion of the Charity ard the Group and to enable them to ensure that the Trcial 5tatemenis comply with the Companie5 Act 2006. fhey are ilso responsible for safeguarding the assets of the Charity and the Group and hence for taknng reasonable Steps for the preyention and detertion of fraud and other irre8ularitie5. In so tsr as we are aware: There is no relevint audit information of which che Charity's auditors are unaware,. and The Governors have take 311 step5 that they ought 10 have taken to make themselves aware of any relev7nt audit Information and to establish that the atsditor5 are &warÈ of that Informat40n. page 18
Re?gale Gran)mar School . Consolidaied Finaiicial Statenients fnr the year ended 31 Aucust 2023 Audltor The auditor Haysmacintyre LLP have expressed their willingness to continL¢e in office and * resolution to re-appoint them will be submitted fo the Govemors. In signing this Repor¢ the Board are a150 approving the Strategic Report included within these Financial sIrnents Irtr their tapacity as tompany directors. On behajf of e Board Mark Elsey Chair of the Board of Governors Reigats Grammar School Reigate Surrey 11 March 2024 RH2 OQS page 19
Reigaw Glaminl School - ConiolidaEed FiTiaiiiial Sta(ÈlTienis Ivi tlie year enuLxl $1 AIi$u51 2023 Independent auditors, report to the members of Reigate Grammar School Opinion We have audited the financial statement5 of Reigate Grammar Sthool for the year ended 31 August 2023 which comprise the Consolidated Statement of Financial Attivities. the Group and Chariry Balance Sheets. the CoJ)solidated Statement of Ca5hflow5 and notes to the financial statements, including a summary of significant accoLSnting policies. The financial report4ng frdmework thxt has been applied in their preparauon is applicable law and United Kingdom Accounting St2ndard5. including Financial Reporiing Standard 102 The Finonciol Reporting Stond¢Jrd opplicable in the UK ond Republic of Ireland (United Kingdom Generally Accepted Accounting PracLicel- In our opinion, the finantial staiements: give atrue and fair view of the State of the group's and of the parent charitsble company's affairs a5 at 31 August 2023 and of the group's net movement in fund5, including the income and expenditure, for the year then ended.. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice.. and have been prepared in accordance with the requirements of the Companie5 A<t 2006. Basi$ lor opinion We conducted our audit in accordance with International Srandards on Auditing IUKI IISAS IUKII and applicable law. Our rE5pon5ibilities under those 5tndards are further described in the Auditor's responsibilittes for the audit of the Pinancial Statements section of Objr report. We ire independent of the group in accordance wi¢h the ethical requirements thai are relevant to our audit of the financial statements in the UK, intluding the Fflc's Ethical Standard. and we have fubIled o¢Jr other eihical responsibilities tn accordance wi¢h these requirement5. We believe that the audit evldence we haye obtained is sufficient and appropria ¢0 provide a ba515 for our opinion. Conclusion$ relatlng to going concern In auditing the financial statements. we havè concluded that the Governo, use of Ihe going concern basis of accountinx in the preparation of the financial statements 15 appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions ¢hat, individually or tollertively* may tast signrfeant doubt on the group s and parent charirable company's abiSity to ontinue a5 a going concern for a period of at least twelve months from when the financi statements are authoris•d lor issue. Our re5pon5ibilities and the responsibilities of the Governors with respertto golng concern are described in thè rdevant section5 of thi5 report. Other information The GoYernor5 are responsible for the other information. The other informatson comprises the information included in the Report of the Governors. Our opinion on the financial Statements does not cover the other informltion and, except to the extent otherwise explicitly sta¢ed in our repor¢ we do not exPsS any form of assurance conclusion thereon. In connecuon with our audit of the financial statements our re5pon5ibility is to rtsd thè ¢xher information and, in doing SO, Consider whether the other information is materially inconsistent with the financial statements or our knowledge obtoined in the audit or otherwse appear5 to be marIallY misstated. If we identify such maierial +nconwstencie5 or apparent materièl misstatement5. we are required to determine whether there is a marIal miss¢aMent in the financial statements or a material mi5Statement of ¢he other informatlon. If. based on the work we have performed, we conclude that there is a material missutement of this other information, we are required to repgrt that fatt. We have nothing to report in this regdrd. Qpinlons on other matt¢rs pr¢5cribod by thè Companles Act 2006 In our opinion. based on che work underraken in the course of the audiL the inforrnation given in the Report of the Governors {which includes the Strategic report and th¢ direttors, report prepared for the purposes of company lawl for the financial year for which the financial 5tAtements are prepared is con5jStent with the financial 5tatements,' and the sirategic pOrt and The directors. report included within the Report ol the Governors have been prepa in accordance with applicable legal requirements. page 20
Reigate Gfamfflai. 5¢hool - Consolidaled finai)cial Siatemeilts for the year ended 31 August 2023 Matter5 on which we are required to veport by txteption In the light of the knowledge and understanding ol the group and the parent charitable company and it5 environment obtained in the course of the audit, we have not identif5ed material misstatements In the Report of the Governor5 (which incorporates the s¢rawc report and the directors, report). We have nothsng to report in respect ol the following fflatters in rdation to which the Cornpanie5 Att 2006 requ(re$ us to report to you if, in our Dpinion.. adequats accounting records have not been kept by the parent charitable company; or the parent charitable company financial staternents are not in agreement with the accounting record5 and returns.. or certain dis¢I05ure5 of Governors. remvneration specified by law are not made.. or we have not received all the information and explanations we require lor our audit. Re$pon8ibilltle5 of Governors for the financial 5tatement5 A5 explained more fully in the Statement of Governors, Responsibiliiies set ovt on page 18. the Governor5 (who are also the directors of Ihe charitable company for the purposes of cornpany lawl are responssblE for thè preparation of the financrdl statements and for being satisfied thit they give a true and fair wew. and for such internal control a5 the Governors deterrnine 15 necess to enable the preparation of financial Statements that are free from material mi$5ta¢emenL whether due to fraud or error. In preparing the financial statements, the Governors are responsible for assessing the group'5 and the parent charitable company's ability to convnue as 2 going concern. disclosin& as applicable. matters related to 8oin8 concern and using the going concerrs basis of accounting unless the Governtsrs either intend to liquidate the group or the parent charitable ompany or to cease operations. or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements Our objectives are to obtain rwonable as5vrance ibout whether the financial statements as a whole ire free from material mis5tatemen¢ whether due to frdud or error, and to 155ue an auditor's report thai includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit tonducced in accordance with ISAS {UKI will always deEect a material mis5tatsment when it exists. Mtsstatements can arise from Iraud or error and are considered material il, individually or in the aggre82te, they could reasonably be expected ¢0 influence the economic decisions ol users taken on the b254s of these fiftancial statements. Irregularities, including friud. are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to deteci material missiatements in respect of irregularities. including fr4ud. The extent to which our procedures are capab5e of de£tIng irregulariiies. including fraud is detailed below.. Based on our understanding of the group. the parènt charitable company and the environffleni in which ir operate, we idenofied chat che printiptl risks of non-cornpliance with laws and regulation5 rela¢ed to The Education Ilndependent Sch¢)ol sndardS) Regulations 2014, 5aleguarding regulations. health and 5alety requirements. GDPIL employment law and charity law and we considered the extent to which non-compliance might have a matsrial effett on the fi¢1 5tatement5. We also considered those laws and regulations that have a direcr impart on the preparation ol the financial statements such as the Companies Aci 2006, the Charitie5 Act 201 I, the Statement of Recommended Practice for Charities ISORP 201911, and consider other factor5 such as payroll taxes and VAT. We evaluated managément's incentives and opportunities for fraudulent manipulation of the financial statements lintluding the risk of override of conirolsl, and derMined thai the principal risks were related to improper recognition of revenue and management blas in certain acwunting estitnate5 and jud8Ements. Audrc procedures perfomied by the engagement tsam induded: Inspecting correspondence with regulators and t&x authoritie5', Inspeciing the outcome5 01 any regulatory inspections: Discussions with management including eonsideration of known or suspected instances of non-compliance with laws and regulation ind frnud- Evaluating rnanagement'5 controls designed to prevent and deEett irregularities: Identifying and testing journals. using data analyuts to focus on higher risk encries,. and Challenging assumptions and judgements made by management in their crittcal accounting esumates and challenge of the underlying assumptOnS. 8ecdu5e of the inherent limitstion5 Of an audit. there is a risk that we will not detect all irwularityes, including those leading to a material mi5Statement in the financial statements or non<ompliance with regulation. This risk increase5 the more that compliance with x law ar regulation is removed from the events and transictions reflected in the financial page 21
Reigaie Grammdr school - Cory'wliddied Fi17ancial SiaienienLS loi" thv yea[ ended 31 Aiigii&i 2023 sratements. as we will be les5 likely to become aware of instances of non-compliance. The risk is also grear regarding irregularities occurring due to fraud rather than error, as fraud involves intsntyonal ConceMent forgery, collusion, omission or misrepresenraTlOn. A further de5CriPtion of our responsibilities lor the audit of the financial Statements 15 located on the Financial Reporting Council's web51te at www.frc.o .uklaiidiior5re5 onsibilitie5. Thi5 descriptioF> form5 P3rt of our auditor's report. Use of our report This report is made solely to the charitable company's member& as a body, in accordance with Chapter 3 of Part 16 01 the Companie5 Act 2W6. Ovr audit work has been undertaken 50 that we might srate LO che charitable company's members those matters we are required to state to them in an Auditor's report and lor no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members, as a body, for our audit work, for this report or for the opinions we have formed. Tracey Young (Senior Statutory Auditor} for and on behalf of Haysmacintyre LLP. Statutory Auditor 10 Queen Street Place London EC4R IAG 7 May 2024 page 22
Reigale Grammar" School . Consolidated Pinancial Statefflenis for the year ended 31 August 2023 Consolidated Statement of Financial Activities (incorporating income and expenditure account) for the year ended 31 August 2023 Unrestrittèd Funds Restricted Funds Total 2023 Total 2022 Notes Income from: Charitable ictivities= Sthool fees receivable Registration fees Trip income Catering income Coa£h ineome Other educational income Donations and legacies Letting5 Investments Trading Income 29,733.103 83,100 1.026,383 555,050 386.771 131,904 530,000 204,048 23,824 888,592 29,733.103 83,100 1,026.383 555,050 386,771 135.744 1,496,811 204,048 72.531 888.592 27,761,897 75,503 516,392 544.296 331.364 155.574 1,597.147 158.817 28,245 288,536 3,840 966,811 48,707 Total Income 33.562.775 1,019,3S8 34,582.133 31.457,771 Expenditure on: Raising funds.. Fundraising & Development 470,432 25,555 495,987 431,476 Charitable acuvities: Education 30.012,357 1.141.303 31, 153,660 28,658.602 Total Expendire Net Incomel(ExpenditurÈ} from operation5 before transférs and investment losses 30,482,789 1,166,858 31,649.647 29.090,078 3.079.986 1147,5001 2,932,486 2,367,693 Unrealised inve5tment105ses Gain on disposal of rIngble fixed assets Net Incom¢l{Expenditure) 112,0101 125,0371 137,047} {283,9021 1.296 3,067,976 1172,5371 2,895.439 2.085.087 Pension scheme actuarial Ilosses)Igains Not Movement In Funds for thÈ yèar 19 1145,1XX)I I145,1 4,334.000 2,922,976 172,5371 2,750,439 6,419,087 Balance brought lorward ar I September 2022 21,975.317 6.787.179 28.761496 22.343.409 Balance carried forward at 31 August 2023 24,898,293 6,614,642 31, 512.935 28.762.496 There were no recognised gains and losses other that those shown in the above Statement ol Financial Activitie5. The accompanying note5 form an integral part of chis StaLement of Financial Activiiies. Detailed comparative figures are shown in note 24. page 23
Reigate Granimar School ConsolTdated financial Statement5 lor the year ended 31 Augusi 2023 Balance Sheets as at 31 August 2023 Re8htered Company number. OJ95130S Group Charity 2023 2022 2023 2022 No$ Fixtd AssÈts Tangible Invewnent5 38,454.644 4,255.545 42.710.189 3&246,161 4,174,100 42.420.261 36.873,825 4,253,387 41,127,Z12 36,653.876 4,171.813 40,825,689 Current Asget5 Debtors due within one year Cash at bank and in hand 682,317 2.933, 536 546.464 2.113.896 960.186 2,328.544 945,978 1,901,426 3.615.853 2.660.360 3,Z88,730 2.847,404 Creditors: due within one year 10 17,516,286) {6.843.5491 18,309,345) 17,636.6671 Net Current Liabilities 13,900,433 (4,183,189) 15,020,615) {4.789.263) Total Assets le55 Current Liabilities 38.809,756 38.237,072 36,106,597 36.036.426 Creditors: due after morn than one year 17.296.821) 19.474.576} {7.296,8211 19,474,576} Net Assets excluding Pension Scheme Liability Pension Scheme Liability Nèt Assèts 31,512,935 28.762.496 28,809,776 26,561.850 19 £31,512,935 £28.762.496 £28,809,776 £26,561,850 Represented by.. Uni'esti'icied Fuiids.. DesignAted FLJnds General Reserve Pension Scheme Reserve Restric¢ed Funds 15 2B3.808 24,614,485 283.808 21,691.509 283,808 24,211000 283.808 21.759.261 6.614,642 6.787.179 4.313,968 4,518.781 £31,512,935 £28,762.490 £28,809,776 26,561,850 The Parent tharitable company's net movement in htnds for the year was a surplus of £2.247,92612022: a surplu5 of £6,555.9011. The financial sta March 2024 br. were approved and authori5ed for i55ue by the Board and Signed below on it5 behalf on 11 Mark Elsey GOVERNORS Marc Benton The accomwanying notes are an integral part of this balance sheeL page 24
Reigale GratprDai Siliool - co501d6ted Finaiiciol Siatefftei)l5 loi Ihe year ernded 31 Augu5L 2013 Consolidated Cash Flow Statement for the year ènded 31 August 2023 2023 2022 Net cash outfiow from operation5 (note Ci)) Net cash provided by operating activities 4,352,746 1325,357 Cash Ilows from investing activ•tie5: Payments for tangible fixed assets Proceeds from disposal of fixed assets Payments to acquire investments Investment income and bank interes¢ received Nèt cash usèd in inv¢5tiTrg activitie5 11.775.961) 11.829,4261 1,296 (1,155,432) 28,245 1118,4921 72.531 11.821.922) 12.955.317) Cash Ilows from financing actlvities: FIanCe costs paid Repayment of bank loan Net cash used in financing activities 1562.1271 ,149,057 1412,0301 2.149,057 11,711,184) 12.561,087) Increase irb ca%h in the year 819.640 808,953 Opening tash and cash equivalents 2.113.896 1.304,943 Closirbg cash and cash equivalents £1933,536 £2,113,896 Cash and cash equivalents comprise Cash at bank 2,933.536 2,113.896 £2,933,536 £2.113.896 (i) Reconcrliation of net income to net cash Ilow from operating actlvities 2023, 2022 Net income before inves¢men¢ gdin5 Depreciation Investment income Interest payable Defined benefit pension scheme costs Defined benefit pension scheme contribuuons Ilncreaselldecrease in debtors {Drease}11ncrease in creditors IDecrease)flncase in deferred income 2,932,486 1,567.478 (72.531) 562,127 301,000 1446,000) 1135,853} 1296.144) 86.817 2,367,693 1,587.420 128.245) 412,030 914,000 {434,000) 362,697 714,586 429,176 £4,352,746 £6,325,357 (51) Analysis of changes in net debt At I September 2022 Cash Itows Other At 31 August movements 2023 Cash in hand Sub-total 2.113.896 2.113.896 819,640 819.640 2,933,536 2,933,536 Loan5 lalling due within one year Loans lalling due after more than one year Not debt 11.149.057> 6.643.447 £(5.678.608) 1.149,057 11,695,307) 1.695.307 11,695.307} 4.948,140 (3,709.911) £1.968.697 page 25
plgèle Giamfftar klioul Coiisolidaied fii)aTiclal SLatèfflènts Ifbi 11)tr yeai. endod 31 August 2013 Accounting Policies for the year ended 31 August 2023 The financial statements have been prepared in 2ccordance with the Fin3ncial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. Ihe Companies Act 2006 and the Statement of Recommended Practice applicable to harities preparing ihèir atctsunts in &ctordance with FRS 102 (Second edition, effective l January 2019}- Criticol accounDnR judgments Gnd key sources of estimotion untertainty In the applicatTon of the accounting policies, Govert7or5 are required to make judgment5, estimates and assumptions abou¢ the carrying value of assets and li&bllities that are not readily apparent from other sources. The estimates and nderlying assumptions are based on historical experience and other factors that are considered to be relevant. Actu31 results may differ from these estimates. The estimate5 and underlying assumpiions are reviewed on ongoing basi5. Revisions to accounting estimates are recognised in the period in which the estimate is revised il the revtsion affeccs only that period, or in ¢he period of thè revision and future periods if the revision affected current and lUtU periods. In the view of the Governors. no assumptions concerning the future or e5tymaDon uncertainty affectSng assets or liabilities at the balance sheet date are likely to result in a material adjustment to their carrying amount5 in the next financlal year. The key judgements affecting the applicatlon of accounting policies relate to.. The useful economic lives of t2n&ble fixed assets 2. The fair value of the group's investment property 3. The assumptions underlying the valuation ol the defined benefit pension stheme posiiion 4. The Governors, judgement is that the surplus on the defined benefit pension scheme at 31 August 2022 and 2023 is not retoyerable and therefore has not been recognised in the iccounts. (a) Arcounting Convention The accounts have been prepared under the historical c05t convention a5 modified by the revaluation of iTrYestmen¢5. (b) Ba515 of Con501idation The acuvities ol the School'5 one subsidiary charity Ithe Reigate Grammar School Tritstl and its non-charitable trading subsidiaries (Reigats Grammar School Trading Lifflited and Reigate Grammar School International Limited) have been Included in the consolidated accounts on a line-by-line basis aDd are classified appropriately within wtricted and unrestricted funds. {() Going concèrn The Governors consider that there arè no material untèminues Ihat would casr doubi on Ihe School's ability to continue as a going concern. The following actounting policiès have been applied consistently in dealing wrth itsm5 which are ron51dered materfal Sn relation to the school's financial statements.. Upon the approval of these financial statements in March 2024. pupsl number5 remain consisrently high across all three schools IRGS, RSM and Chinthurttl for the remiinder of the 202312024 acadefflic year and projections for the 202412025 academic year and beyond remain positive. A minimal number ol notifications have been received across the three Khools from parents to withdraw children from the schools at the end of the 202312024 academic year as a result of the current uncerrain Konomlc climate. age 26
Retg8tc Giaminai School Consolidgied Fii)aiicial SlatemeTris loi (he year ende(t 31 AiisusL IOZ) Accounting Policies for the year ended 31 August 2023 (continued) The following accounring pollcies have been applied consistently in dealing with i*ms which are considered material in relatton ¢0 the School's financial statements., (d) Revenue recognition All incorne 15 recognised when the crlreria of ewtcidÈmenr measurement and probability ol recetp¢ have been satisfied. Tuition fees. less any allowance5, bvrsarie5 or scholarships awarded from unrestricted fvnds. are r¢c0xnis in the period in which the Service is provided. Grants. invesunent income. including interest receiyable. and other miscdlaneous income are accounted for on a receivable basis. Donations are accounted lor on a received basis. Other income. whith include5 fees from lettings and insurance commissions, is actounted lor on a receivabltr b&sts. (e) ExpÈnditure Expenditu is recogni5ed as soon a5 the related liability is incurred and has been classified under headings that aggregate all cosrs relating to that category. Li2billties are recognised as soon as there 15 3 legal or con5tructiYe obligation committing the School to the exPendicu. Employment benefits, Including holiday pay. are recognised in the period in which they are earned. Termination benefits are recognised in Ihe period in which the decision is made and eommunicared 10 the relevant employeel5}- Expenditure on raising funds comprises fundraising eosu. Finance t05t5 comprise loan interesi payable and the net interest C05t relating to the defined benefit pension scheme. Expenditure on charitable acu¥(tie5 compri5e5 expenditure direttly related to the provision of education. Support costs represent indirect Costs relating co raising funds and rhe Schod's charirable aciivity. Support costs, including governance t05ts. are allocated to ictivities on bases that represent Ihe TrUses, best eslima ol actual Ltse. Governance costs tompri5e the costs of running the School as a charlty. Including 5trawc planning for its future developrnenE auditors. remunerauon, cellain legal ctssts and all costs of complying with constitutional and stitutory requirements. such as COSTS of Board meeting5 and of preparing the statutory accounts. Operating lease rends are rttogni5ed on a 5traight-line basis over the rerni of the leaso. (fj Tangible fixed assèts and depreciation The School has eletted to use the carrying Yalue on I September 2014. the date of transition to FRS 102. of any of rhe freehold land and buildings previously tarried at a lu&v0n. as their deemed cost. All other fixed assets are COgnised It cost. Depreciation is pr¢)vid¢d gn freehold bulldings in use ar per cent per annurn. other than the 5Yéimming pool Icompleted at the end of 2008} which is being dePreCiad over it5 estimated vs¢ful life of 20 year5. The premises at Reigate 5t. Mary's are freehold assets held within The Reigate Grammar School Tryst as a result ol the transfer from The Godfrey Searle Choir Trust. The improvements thereon are held within the Charity balance sheet and depreciated a¢ 2% per annum. Depreciation 15 not provided on Capital Work5 in Progress until final practical completion ot the same. Depreciation 15 provided on other fixed a55ets ro write off their tost over estimited useful lives at the foll¢)wing rate5'. Freehold Improvements 5% Straight line All weather pitch 5% 5rraight line Furniture. Rttings and equipmenr 20% straight line Motor vehicles 25% straight Ilne Computers 33% straight line pège 27
foi Tlie. year ei)dcd 31 Augusl 2023 Accounting Policies for the year ended 31 August 2023 (continued> (g) Investments Invesrmenrs are 5Taied at marker value and the investment property stated at open market Value. Any gains or105s on revaluation is raken to the S¢acemen¢ of Financial Activittes. {h) Financial instruments Basic financial instruments transactions that result in the recognition of financial as5et5 and liabilities like trade and other accounts receivable and payable are accounted for on the lollowlng basis: Cosh ond cash equlvalents Cash and cash equivalent5 include5 cash in hand, deposits held at banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within current lTrabilities. Debtors ond rreditWS Debtor5 and creditor5 are measured 3t the transaction price less any provislon for impairment. Any1055e5 arising from impairment are recognised as expenditure. aonk borrowings Liabilities lor borrowings which are 5ubjett to a market rate of interest are measured 2¢ the value of the amount advanced. less capitsl rep2yments. (i) Pènsion Schtmes The teaching staff are mefflbers ol the DeparEmen¢ lor Education superannuauon scheme. run by Teachers, Pension5. Other {non-teachingl s¢aff miy be mernbers of the Surrey County Council pen$ion scheme. This 15 a defined benefit pension scheme. The School is a member of the Small Adrnitted Bodies Pool ISABPI within the overall pension fund. some Support Staff also contribuce to the Independent schools Pension Scheme IISPSI. In accordance with FRS 102 the followlng elemenrs are char8ed to the SOFA= The service cost5 of pension provlsion relating to the y&ir, together with the cost ol any benefits relating to past 5erYice. The net finante cost represented by a charge equal to the increase in the present value of the Scheme liabilities and a credit equivalent to the long terni expetted return on assets. The attuarial gain or loss on the Scheme assets and liabilities. The difference between tlie iiidrkEt vAlue vl i15s¥L5 01 Sclieii)e aiid Llie pi'Ès6t)E value of accrued pension liabilities 15 shown on the Balance SheeL Where the Scheme is determined to be in a 5urplu5 Positton, a surplus is recognised a5 an asset only to the extent that this tan be recovered in future years through reductyon5 in employer coniribuiions Dr through a specific refundlreimbursement from the Scheme. (j) Funds Unrestricted Funds comprise the accumulated 5urplu5 Qr dethcit from the Statement of Financial Activities which is not restritted. They are available for use at the discretion of the Governors in furtherance of thè general objectives of the School. The Designated Funds portion of the Unrestricted Fund5 represents that part of the accumulated surplus whch has already been specifically designated for future disbursement The Restricted Funds are monies raised fer, and their use restricted to. a Specific purpose, or donations subjett to donor imposed condstions. The Pension Scheme Reserve represents the deficit on the Surrey County CoLncil define¢J benefit pen5$0n scheme which is attributable to the school's employees. i)aEe 28
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ReiRate Grammar SchoDI - Con501idaied Financial St3iemefttS lor the year ended 31 ALtgust 2023 Notes to the Flnantial Statements Continved 24. Comparative statement of financial activitie5 Unrestrtcted Restricted Funds Funds Total 2022 Income from: Charitable actyYi¢ies: khool fee5 receivable Regis£ra£ion fees Trip income CateriFbg income Coach income Other educational income Donations and legacies Lettin85 Investments Trading income Total Income 27.761.897 75.503 516.392 544,296 331.364 146,908 27,761,897 75,503 516.392 544.296 331,364 1 $5,574 1.597.147 158.817 28,245 288,536 8,666 1.597.147 158,817 5.527 288,536 22.718 29,829,240 1,628.531 31,457.771 Expenditure on: Raising funds.. Fundraising & DelOpment 431,363 431,476 Charirable activities: Edvcation 27.641901 .015.701 28,658,602 Total Expenditure 28,074,264 .015,814 29,090.078 Net Income from operations before transfers oDd inV•Stment gains 1.754,976 612.717 2.367,693 Unrealised investsnent gain5 Gain on disposal of t2ble fixed assets Net Income (4,8721 1.296 1,751,4 1279,0301 1283.9021 1,296 2.085,087 333,687 Penston scheme actuarial gains 4.334.OC¥) 4.334.000 Net Movement in Funds for the year 6.085.4CQ 333.687 6.419,087 Balance brought foThvard at I Sèptember 2021 15.889.917 6,453.492 22,343.409 8alance carried forwavd at 31 Au8U$t 2022 21.975,317 6,787,179 28,762.496 page 53