|Contents ofthe Consolidated|Financial Statements|
|---|---|
|For The Year Ended|31 Au
ust 2022|
|||||Page||
|---|---|---|---|---|---|
|Reference and Administrative
Details||||||
|Report ofthe Trustees|||2|io|5|
|Report ofthe Independent|Auditors||6|lo|7|
|Consolidated
Statement ofFinancial||Activities|8|lo|9|
|Balance Sheet —Company|and Consolidated|||10||
|Consolidated
Cash Flow|Statement|||||
|Notes to the Consolidated|Statement|ofCash Flows||12||
|Notes to the Consolidated|Financial Statements||13|lo|26|
|TRUSTEES||M J Gutowski
- Chairman|M J Gutowski
- Chairman|M J Gutowski
- Chairman||||
|---|---|---|---|---|---|---|---|
|||M W A Warde-Norbuiy||||||
|||J Taylor (resigned||1.11.2022)||||
|||8 M Dumican||||||
|||K F Rushbrooke|(appointed|||5.10.2021)||
|||C Warde-Aldam||||||
|||K E A Nicoll (appointed|||12.5.2022)|||
|CONIPANY SECRETARY||P Carter||||||
|REGISTERED OFFICE||Doncaster
Deaf Trust||||||
|||Leger Way||||||
|||Doncaster||||||
|||South Yorkshire||||||
|||DN2 6AY||||||
|REGISTERED CONIPANY|NUMBER|04105045 (England||and|Wales)|||
|REGISTERED CHARITY|NUMBER|1088060||||||
|AUDITORS||Kingswood
Allotts|Limited,|||Statutory|Auditor|
|||Chartered
Accountants||||||
|||Sidings Court||||||
|||Lakeside||||||
|||Doncaster||||||
|||South Yorkshire||||||
|||DN4 5NU||||||
|BANKERS||HSBC||||||
|||1 High Street||||||
|||Doncaster||||||
|||South Yorkshire||||||
|||DN1 1EE||||||
|SOLICITORS||Veale Wasbrough|Vizards|||||
|||Orchard
Court||||||
|||Orchard
Lane||||||
|||Bristol||||||
|||BS15WS||||||
|SENIOR MANAGEMENT|TEAM|A L Johnson
- Executive|||Principal|||
|||P Carter - HR Manager||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|Designated|Restricted|
|---|---|---|---|---|---|---|
|||||funds|funds|fund|
||||Notes|E000|E000|E'000|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies||||||15|
|Charitable
activities|||||||
|Charity's
educational
operations||||8,763||61|
|Other trading
activities||||12|||
|Investment
income||||28|||
|Other mcome||||44|||
|Total||||8,850||76|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Chanty's
educational
operations||||9434|||
|NET (EXPENDITURE)/INCOME||BEFORE|||||
|PENSION COST AND|||||||
|INVESTMENT GAINS/(LOSSES)||||(584)|(64)|(10)|
|FRS102 Pension cost||||(305)|||
|Net (losses)/gains
on investments||||(96)|||
|NET (EXPENDITURE)/INCOME||||(985)|(64)|(10)|
|Other recognised
gains|||||||
|Actuanal
gains on defined benefit||schemes||6,072|||
|Nst movement
in funds||||5,087|(64)|(10)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds
brought
forward||||(4,695)|3,485|314|
|TOTAL FUNDS CARRIED FORWARD||||392|3,421|304|
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
|||||Endowment|Total|Total|
|||||fund|funds|funds|
||||Notes|F'000|E'000|E'000|
|INCOME AND ENDOWMENTS||FROM|||||
|Donations
and legacies|||||18|72|
|Charitable
activities|||||||
|Chanty's
educational
operations|||||8,824|8,939|
|Other trading
activities|||||12|14|
|Investment
income|||||28|24|
|Other income|||||44|87|
|Tote I|||||8,926|9,136|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Chanty's
educational
operations||||3|9587|8 788|
|NET (EXPENDITURE)/INCOME||BEFORE|||||
|PENSION COST AND|||||||
|INVESTMENT GAINS/(LOSSES)||||(3)|(661)|348|
|FRS102 Pension cost|||||(305)|(322)|
|Net (losses)/gains
on investments|||||(96)|210|
|NET (EXPENDITURE)/INCOME||||(3)|(1,062)|236|
|Other recognised
gains|||||||
|Actuarial
gains on defined|benefit|schemes|||6,072|1,523|
|Net movement
in funds||||(3)|5,010|1,759|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought
forward||||587|(309)|(2,068)|
|TOTAL FUNDS CARRIED|FORWARD|||584|4,701|(309)|
##
##
|||~31|3
12322|||||
|---|---|---|---|---|---|---|---|
|||||Group|Group|Chaniy|Chsnty|
|||||2022|2021|2022|2021|
||||Notes|E.'000|E'000|E'000|E'000|
|FIXEDASSETS||||||||
|Tangible assets|||15|2 936|2 743|2 352|2 156|
|CURRENT ASSETS||||||||
|Debtors|||16|293|618|293|618|
|Investments|||17|1,350|1 461|1,350|1,461|
|Cash at bank and|in hand|||474|965|474|965|
|||||2,117|3,044|2,117|3,044|
|CREDITORS||||||||
|Amounts
falling due within||one year|18|(510)|(487)|(510)|(487)|
|NET CURRENT ASSETS||||1 607|2 557|1 607|2 557|
|TOTAL ASSETS|LESSCURRENT LIABILITIES|||4,543|5,300|3959|4,713|
|PENSION ASSET/(LIABILITY)|||22|158|(5,609)|158|(5,609)|
|NET ASSETS/(LIABILITIES)||||||||
|FUNDS|||21|||||
|Unrestricted
funds||||3,813|(1 210)|3813|(1,210)|
|Restncted
funds||||304|314|304|314|
|Endowment
funds||||584|587|||
|TOTAL FUNDS||||||~1Z|~6963|
##
||Donc|Donc|Donc|aster Deaf T|rust||
|---|---|---|---|---|---|---|
||Consolidated|||Statement|ofCash Flows||
||For||The Year Ended 31||Au uet 2022||
||||||2022|2021|
||||Notes||5'000|5000|
|Cash flows from operating
activities
Cash generated
from operations|||1||~259)|98|
|Net cash (used in)/provided|by operating|activities|||~259)||
|Cash flows from investing|activities||||||
|Purchase
oftangible
fixed assets|||||(272)||
|Purchase
offixed asset investments|||||(87)|(296)|
|Sale of fixed asset investments|||||102|310|
|Interest received|||||28|24|
|Net cash (used in)/provided|by investing|activities|||~229)||
|Cash flows from financing|activities||||||
|Expenditure
attributable
to endowment|||||||
|Net cash used
in financing|activities||||||
|Change
in cash and cash|equivalents|in|||||
|the reporting
period|||||(491)|133|
|Cash and cash equivalents|at the||||||
|beginning
ofthe reporting|period||||965|832|
|Cash and cash equivalents|at the end|of|||||
|the reporting
period|||||474|965|
##
##
##
##
|RECONCILIATION
OF NET
ACTIVITIES|(|EXPENDITURE)|/INCOME
TO NET|CASH FLOW|FROM OPERATI|NG|
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||F'000|f000|
|Net (expenditure)/income|for the reporting||period (as per the||||
|Statement ofFinancial Activities)|||||(1,062)|235|
|Adjustments
for:
Depreciation
charges|||||79|65|
|Losses/(gain)
on investments|||||96|(210)|
|Interest received|||||(28)|(24)|
|Expenditure
attnbutable
to endowment|||||3|3|
|Decrease/(increase)
in debtors|||||325|(222)|
|Increase/(decrease)
in creditors|||||23|(72)|
|Difference between
pension|charge and cash||contributions||305|322|
|Net cash (used in)/provided||by operations|||~259)||
|ANALYSIS OF CHANGES|IN|NET FUNDS|||||
|||||At 1.9.21|Cash flow|At 31,8 22|
|||||f000|6'000|E'000|
|Net cash|||||||
|Cash at bank and
in hand||||965|||
|||||965|~491)|474|
|Liquid resources|||||||
|Deposits included
in cash
Current asset investments||||1,461|~111)|1,350|
|||||1,461||1,350|
|Total||||2 426|~602)|1,824|
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Direct|
|---|---|---|---|---|
|||||Costs (see|
|||||note 9)|
|||||E'000|
|Charity's
educational|operations|||9,587|
|DIRECT COSTS OF CHARITABLE ACTIVITIES|||||
||||2022|2021|
||||E'000|E'000|
|Teaching
salaries
and|related expenses||5,778|5,729|
|Books and apparatus|||114|68|
|Food and allowances|||266|274|
|Clothing
and laundry|||7|6|
|Transport
and travel expenses|||27|26|
|Training|||77|41|
|Exam and tuition fees|||20|18|
|Miscellaneous
teaching||expenses|5|2|
|Other salaries
and related expenses|||1,874|1,385|
|Light, heat and power|||553|245|
|Maintenance
and repairs|||128|156|
|Insurance|||105|59|
|Printing,
postage and|stationery||38|26|
|Furniture
and equipment|||19|49|
|Cleaning|||26|30|
|Computer
running
costs|||59|72|
|Telephone|||15|14|
|Legal and professional||fees|241|222|
|Marketing
and advertising|||12|8|
|Miscellaneous
running||expenses|112|223|
|Bad debts|||(1)||
|Governance
costs|||33|70|
|Depreciation|||79|65|
||||9,587|8 78&3|
|NET INCOME/(EXPENDITURE)|||||
|Net income/(expenditure)||is stated after charging/(crediting):|||
||||2022|2021|
||||E.'000|E'000|
|Depreciation
- owned|assets||79|65|
|Auditors'
remuneration|||9||
|Operating
leases|||50|43|
##
##
##
##
##
|STAFF COSTS||||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022|2021|
|||||||||E'000|E000|
|Wages and salanes||||||||6,264|5 848|
|Social security costs||||||||543|509|
|Pension costs||||||||845|813|
|||||||||7,652|7 170|
|The average
monthly|number||of employees|during|the year was||as follows|||
|||||||||2022|2021|
|Teaching
and care of|students|||||||205|195|
|Non educational||||||||63|56|
|||||||||268|251|
|The number
ofemployees||whose employee||benefits||(excluding|employer|pension costs) exceeded|E60,000wa|
|||||||||2022|2021|
|E60001 —F70,000||||||||2|3|
|E70,001 - F80,000||||||||2|2|
|E90,001 - E100,000||||||||1|1|
|||||||||5|6|
##
##
|personnel
for their services to the charity was F|personnel
for their services to the charity was F|215,043 (2021.F275,462)|215,043 (2021.F275,462)|||
|---|---|---|---|---|---|
|COMPARATIVES
FOR THE STATEMENT OF||FINANCIAL ACTIVITIES||||
||Unrestricted|Designated|Restricted|Endowment|Total|
||funds|funds|fund|fund|funds|
||E'000|E'000|F000|E'000|E'000|
|INCOME AND||||||
|ENDOWMENTS
FROM||||||
|Donations
and legacies|||||72|
|Charitable
activities||||||
|Charity's
educational||||||
|operations|8,854||85||8,939|
|Other trading
activities|14||||14|
|Investment
income|24||||24|
|Other income|87||||87|
|Total|8,985||151||9,136|
|EXPENDITURE ON||||||
|Charitable
activities||||||
|Charity's
educational||||||
|operations|8,565|57|163|3|8,788|
|NET INCOME BEFORE||||||
|PENSION COST AND||||||
|INVESTMENT||||||
|GAINS/(LOSSES)|420|(57)|(12)|(3)|348|
|FRS Pension Cost|(322)||||(322)|
##
##
##
||||
For The Year|Ended 31 Au
ust 2022|Ended 31 Au
ust 2022|||
|---|---|---|---|---|---|---|---|
|COMPARATIVES|FOR THE||STATEMENT OF|FINANCIAL ACTIVITIES - continued||||
||||Unrestricted|Designated|Restricted|Endowment|Tots
I|
||||funds|funds|fund|fund|funds|
||||E'000|BOOO|E.'000|E.'000|E'000|
|Net gains on investments|||210||||210|
|NET||||||||
|INCOME/(EXPENDITURE)|||308|(57)|(12)|(3)|236|
|Other recognised||||||||
|gains/(losses)||||||||
|Actuarial
gains on|defmed|||||||
|benefit schemes|||1,523||||1,523|
|Net movement
in|funds||1,831|(57)|(12)|(3)|1,759|
|RECONCILIATION||OF||||||
|FUNDS||||||||
|Total funds brought||forward|(6,526)|3,542|326|590|(2,068)|
|TOTAL FUNDS CARRIED||||||||
|FORWARD|||(4,695)|3,485|314|||
|DEFINED BENEFIT||CONTRIBUTION COSTS||||||
|||||||2022|2021|
|||||||E'000|E'000|
|Current service cost||||||599|598|
|Past service cost||||||2||
|Employer
contributions||||||(393)|(396)|
|Administration
expenses|||||||7|
|Net interest/return|on assets|||||97|113|
|||||||305|322|
|TANGIBLE FIXED|ASSETS|||||||
||||||Furniture,|||
|Group|||Freehold|Freehold|plant and|Motor||
||||land|buildings|equipment|vehicles|Totals|
||||E'000|E'000|E'000|E'000|E'000|
|COST||||||||
|At 1 September 2021|||800|2,060|1,143|53|4,056|
|Additions||||96|162|14|272|
|At 31 August 2022|||800|2,156|1,305|67|4 328|
|DEPRECIATION||||||||
|At 1 September
2021||||356|905|52|1 313|
|Charge
for year||||21|58||79|
|At 31 August 2022||||377|963|52|1 392|
|NET BOOK VALUE||||||||
|At 31 August 2022|||800|1,779|342|15|2,936|
|At 31 August 2021|||800|1,704|238|1|2,743|
##
##
##
##
##
||||||For The|For The|For The|Year|Ended 31Au|ust 2022|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|15.|TANGIBLE FIXEDASSETS||||- continued||||||||
||Charity|||||||||Furniture,|||
|||||||Freehold|||Freehold|plant and|Motor|Chanty|
||||||||land||buildings|equipment|vehicles|total|
||||||||E'000||E'000|F'000|E'000|E000|
||COST||||||||||||
||At 1 September
2021|||||||600|1,610|1,143|53|3406|
||Additions||||||||96|162|14|27?|
||At 31 August 2022|||||||600|~1706|1,305|67|3,678|
||DEPRECIATION||||||||||||
||At 1 September 2021||||||||293|905|52|1,250|
||Charge
for year||||||||18|58||76|
||At 31 August 2022||||||||311|963|52|1 326|
||NET BOOK VALUE||||||||||||
||At 31 August 2022|||||||600|~1395|342|15|2,352|
||At 31 August 2021|||||||600|1,317|238|'I|2,156|
|18.|DEBTORS:AMOUNTS|||FALLING||DUE||WITHIN|ONE YEAR||||
||||||||||Group|Group|Chanty|Chanty|
||||||||||2022|2021|2022|2021|
||||||||||E.'000|E.'000|E'000|E'000|
||Other debtors||||||||239|577|239|577|
||Prepayments||||||||54|40|54|40|
||Accrued
income|||||||||1||I|
||||||||||293|618|293|618|
|17.|CURRENT ASSET INVESTMENTS||||||||||||
||||||||||Group|Group|Charity|Charity|
||||||||||2022|2021|2022|2021|
||||||||||E'000|E'000|E'000|E'000|
||Market value at 1 September||||2021||||1,461|1,265|1,461|1 265|
||Add
Acquisitions
at cost||||||||80|302|80|302|
||Less
Disposals at market value||||||||(108)|(293)|(108)|(293)|
||Net (loss)/gain
on revaluation
Movement
in cash account||||at 31|August 2022|||(89)
6|194
~7)|(89)
6|194
~7)|
||||||||||1,350|1,461|1 350|1,461|
||Cost as at 31 August 2022||||||||1,140|1,149|1,140|1,149|
||The gain on investment||assets included||||in the||||||
||Statement
of Financial||Actiwties compnses:-||||||||||
||Unrealised
(loss)/gain|on||revaluation|||||(89)|194|(89)|194|
||(Loss)/profit
on disposai
value||from||previous||market||~7)|16|~7)|16|
||||||||||~96)||~96)|210|
##
##
##
|||||||||Market|Market|
|---|---|---|---|---|---|---|---|---|---|
|||||||||value|value|
|||||||||2022|2021|
|||||||||E000|r'000|
|CT Inv Funds (UK)|Icvc CT UK Equity||||Income|||70|74|
|Jupiter
UT Managers
UK Speoal||||Situations||||65|64|
|Liontrust
Fund Par|Special|Situations|||Ins Inc|||54|64|
|Allianz
Global investment||Gilt||||||65|82|
|JP Morgan
Am UK|Ltd UK|Equity||Core E Net inc||||52|107|
|Vanguard
Funds Pic||||||||62|59|
|||||||||368|450|
|Investments
are represented|||by:|||||||
|Listed UK Securities||||||||565|681|
|Listed Overseas Securities||||||||764|765|
|Cash held pending|investment|||||||21|15|
|||||||||1,350|1 461|
|These figures relate|to the|Group and|||Charity.|||||
|CREDITORS: AMOUNTS||FALLING|||DUE WITHIN|ONE YEAR||||
|||||||Group|Group|Chanty|Chanty|
|||||||2022|2021|2022|2021|
|||||||E'000|E'000|E'000|E'000|
|Trade creditors||||||244|223|244|223|
|Other taxes and social security||||||123|113|123|113|
|Accruais||||||124|119|124|119|
|Deferred
income||||||19|32|19|32|
|||||||510|487|510|487|
|Deferred income||||||||||
|Balance as at 1 September||2021||||32|190|32|190|
|Fees received||||||8,465|8,615|8,465|8,615|
|Released to Statement
of Financial||||Activities||(8,478)|(8,773)|(8,478)|(8,773)|
|Balance as at 31 August 2022||||||19|32|19|32|
##
##
||Group|Group|Charity|Chanty|
|---|---|---|---|---|
||2022|2021|2022|2021|
||F'000|E'000|E'000|E'000|
|Within one year|22|31|22|31|
|Between one and five years|32|21|32|21|
||54|52|54|52|
##
##
|The group's|net assets belong to the vanous|funds as follows:|||
|---|---|---|---|---|
||||Net current||
|||Fixed|assets/|Fund|
|||assets|(kabilities)|balances|
|||E'000|E'000|E000|
|Unrestncted|funds|2,242|1,571|3,813|
|Restricted|funds|110|194|304|
|Endowment|funds|584||584|
|||2,936|1,765|4 701|
||||Net current||
|---|---|---|---|---|
|||Fixed|assets/|Fui1rl|
|||assets|(liabilities)|balances|
|||E'000|E'000|E000|
|Unrestricted|funds|2,242|1,571|3.813|
|Restricted|funds|110|194|304|
|||2,352|~1765|4 117|
##
|Unrestric|ted||funds: m|ovement|s
in year - Group|and Compa|ny||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Balance at|||Transfers|and|Balance al|
||||||1 September|||investment||31 August|
||||||2021|Income|Expended|gains/(losses)||2022|
||||||E'000|F'000|E000||E'000|E'000|
|Designated|||funds:||||||||
|Building|and||equipment|fund|175|||||175|
|Tangible|fixed asset fund||||2,010||(64)|||1 946|
|Charities|and||risk fund||1,300|||||1 300|
||||||3,485||(64)|||3,421|
|Undesignated|||funds:||||||||
|General|reserve||||481|8,850|(9,434)|||(103)|
|Revaluation||reserve|||433||||(96)|33'7|
|Pension|reserve||||~5,609)||(305)|6,072||158|
||||||~4695)|8,850|(9,739)|5,976||392|
||||||~1,210)|8,850|(9,803)|5,976||3,813|
##
##
||||Balance at|||Transfers|and|Balance al|
|---|---|---|---|---|---|---|---|---|
||||1 September|||investment||31 August|
||||2021|Income|Expended|gains/(losses)||2022|
||||E'000|E'000|E'000||E'000|E000|
|Nursery
Building|Fund||107||(3)|||104|
|Student Bursary|Fund||71|15|(18)|||68|
|Forest School Fund|||1|3|(2)|||2|
|New Care Home|Fund||10|||||10|
|Technology
Fund|||2|||||2|
|Cycle Fund|||9||||||
|ChapelFund|||2|||||2|
|Youth Club Fund|||13|||||13|
|Energy Fund|||4||(4)||||
|Community
Fund|||39|15|(24)|||30|
|IT Equipment
Fund|||18||(5)|||13|
|Bansta Fund|||1||(2)|||10|
|Blades for Our Heroes||Fund|1|||||1|
|Residences
Fund|||18||(2)|||16|
|Turkish
Pro/ect Fund|||7|20|(3)|||24|
|Wellbeing
Fund
Gardening
for Disabled||Fund|8
3|12|(20)
~3)||||
||||314||~86)|||304|
##
##
##
##
##
##
##
|The am|ounts|recognised
in the Statement
of Financial
Activiti|es are as follows||
|---|---|---|---|---|
||||Defined|benefit|
||||pension|plans|
||||2022|2021|
||||8'000|0000|
|Current|service cost||599|598|
|Net interest||from net defined benefit|||
|asset/liability|||361|338|
|Past service||cost|2||
||||962|936|
|Actual|return|on plan assets|321||
|Changes||in the present|value of|the d|efined
benefit obligation
are as fol|lows:||
|---|---|---|---|---|---|---|---|
|||||||Defined|benefit|
|||||||pension|plans|
|||||||2022|2021|
|||||||0000|8000|
|Opening||at 1 September|2021|||21,210|20,054|
|Current service cost||||||599|598|
|Past service cost||||||2||
|Employee||contributions||||89|96|
|Interest cost||||||361|338|
|Actuanal||gains|||||634|
|Benefits|paid|||||(551)|(510)|
|Remeasurements||||||||
|Actuarial||(gains)/losses|from changes||in|||
|financial||assumptions||||(6,649)||
|Other experience||||||51||
|||||||~15 112|21,210|
|Changes||in the fair value|ofscheme assets are as follows:|||||
|||||||Defined|benefit|
|||||||pension|plans|
|||||||2022|202'|
|||||||0000|E'000|
|Opening|at 1 September||2021|||15,601|13,244|
|Expected||return
on assets||||264|225|
|Employer||contnbutions||||393|396|
|Employee||contributions||||89|96|
|Administration
expenses|||||||(7)|
|Actuarial||(losses)/gains|||||2,157|
|Benefits paid||||||(551)|(510)|
|Return
on plan assets (excluding
income)||||interest||~526)||
|||||||15,270|15,601|
##
##
##
|The am||unts
reco|gnis|ed|in other|reco|gnised
gains a|nd losses are as follows|||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Defined|benefit|
||||||||||pension|plans|
||||||||||2022|2021|
||||||||||E'000|E000|
|Actuarial||(gains)/losses|||from changes||in||||
|financial||assumptions|||||||6,649||
|Other experience|||||||||(51)||
|Return|on plan assets|||(excluding||interest|||||
|income)|||||||||(526)||
|Actuarial||(losses)/gains||||||||1 523|
||||||||||6,072|1 523|
|The ma)or categories||||of|scheme assets as amounts|||oftotal scheme assets are as|follows:||
||||||||||Defined|benefit|
||||||||||pension|plans|
||||||||||2022|2021|
||||||||||E'000|E'000|
|Equities|||||||||10,689|10,765|
|Bonds|||||||||3,054|3,276|
|Property|||||||||1,374|1,404|
|Cash|||||||||153|156|
||||||||||15,270|15,601|
|Principal||actuarial|assumptions
at|||the|Balance Sheet|date (expressed as weighted|averages):||
||||||||||2022|2021|
|Discount||rate for scheme|||habilities||||4.25%|1 70%|
|Rate of|salary increases||||||||4 20%|395%|
|Inflation||assumption|(CPI)||||||3.20%|2 70%|
|The sensitivities|regardmg|the principal
assumptions|used to measure|the scheme|the scheme|habilities|are set out below:|
|---|---|---|---|---|---|---|---|
|||||||Approximate
monetary||
||||Approximate||increase to||amount
(E'000)|
|Change
in assumptions
at||31 August 2022|Defined Benefit||Obligation|||
|0.1%decrease|in Real Discount Rate|||2%|||245|
|1 year increase|in member|life expectancy||4%|||604|
|0.1%increase|in the Salany|Increase Rate||0%|||28|
|0 1%Increase|m the Pension Increase Rate (CPI)|||1%|||219|
|The curr
assumed|ent
mortality
assumptions
include
sufficient
life expectations
on retirement
age 65 are:|allowance
for future
improvements
in mortalit|y
rates
T|y
rates
T|
|---|---|---|---|---|
|||2022|2021||
|Retiring|today||||
|Males||22.6|22|o|
|Females||25.4|25|3|
|Retiring|in 20 years||||
|Males||24.1|24|0|
|Females||27.3|27.2||
##
##
##
##
##