YARM SCHOOL Yarm School Annual Report 2022/23 Registered Charity Number. 1093434 Registered Company in England and Wales Number. 4451356 Report Contents ABOUTYARM SCHOOL STRATEGIC VISION STRUCTURE. GOVERNANCEAND MANAGEMENT KEY POLICIES STRATEGIES ANO PRINCIPALACTIVITY FEE Assi&fANCE io PUBLIC BENEFIT li ACHIEVEMENTSAND PERFORMANCE-ACADEMICArrAINMENT 19 LEAVERS DESTINATIONS 20 EXTRA CURRICULARACTIVITIES 21 OUTDOOR EDUCATION 22 SPORT 23 RESERVES, RISKS AND FUTURE PLANS 26 FINANCIALSUMMARY 27 ECONOMIC IMPACT 28 STATEMENTOFACCOUNTINGAND REPORTING RESPONSIBILITIES 29 OFFICERS. BANKERS, PROFESSIONALADVISORS GOVERNORS. DIRECTORS AND CHARITYTRU5TEES 31 INDEPENDENT AUDITORS, REPORTON THE FINANCIALsfATEMENTS 32 CONSOLIDATED STATEMENT OF FINANCIALACTIVITIES CONSOLIDATED BALANCESHEET SCHOOL STATEMENT OF FINANCIAL POSITION CONSOLIDATED STATEMENT OF CASH FLOWS NOTESTO THE FINANCIALSTATEMENTS ABOUTYARM SCHOOL The Board of )ired¥r5 present their annual report for the yeor ended 31 AuEUSt 2023 under the Comp3nie5 Art 2006 and the Charitie5 Ad 2011, together wlth audlted FlnAnclal Statements of the Broupfor theyear and confirm that laiter complywiih thè requlrernen￿ of th¢ Companles Act 2006. the Company's Memorandum and Artlcles ofAsso¢latlon and the r¢qulr¢m¢nt$ oftheCharitie5 SORP2005. The School's charitable object5 are Set out in the Memorandum and Articles of ￿SoCIatIon as 'th¢ Independent ¢du¢ation of chlldren in the ceuntle5 of Durliam and North Yorkshlreand the former ¢ountyof Cl¢veland'. In carryln8 Out the Object5, the Dlrectors are consclous of the lonE"Standlng requlremeTrt on ¢h4rities to demonstrate publl benefit. Throu8h the operatlon of the Compllance Commlttee, they contlnue to give Careful tOD5ideratlon to 8uidsnte publlshed bythe Charlty Commlsslon onth¢ operatlon of publlc benefit èndthewlder requlrenentsoftheCharStlÈsAct 201L DurinB the year the School ha5 contlnued to provlde bursarles ands£hol&rshlps Includlng¥n8oinslinksWlththe Royal Nhtionol Children'5 5pringLx>3rd Foundatlon, as well as further developini links wlth and opportunitie5forthe localcommunity through a range of newand e¥lstlnE partner5hipactlwties. Educatln8 for Life The Schools purpose 15 to provAd¢ e￿￿le educallgn to enable pup115 to fuffilthEirpDtentl 45indlrfdtsAlts and developjklllsto bety)meadu Who￿11 contrlbute PDyltlvalyto$￿Iety, The Schopl¥ edurou0￿1 puty05e Is about fflo t1￿￿M¢[e?t#demlca1ts1f1MÈn￿ Impact thln Its charitable obletts. the S¢hool $trlvFs to provld• ftrst-class educational experlence, thraugh It$ $trong¥•doml¢ tulllon and by developing broader Ilfe sklll$ th•t ¢n•bl¢ ov¢ry pupil*o reJli5ehisor herpotential. Schwl life, whether through the curriculum or the wider pro8ramme ¢1 8¢tlvitie5, nurture5 skills in pupi15 which encourage Indlvldual learning, 5POrting, musical and theatric31 achievement. team.bulldln8 and 51Kialskill&Thi5 PDli£y altll5 to IDStEr life sk1115 In puplls, an undEr5tandin8 Qt the value of Serv1￿ and a wllllngness and Interest in Contributins tg t widercommunitywhllst4tSchool. STRATEGIC VISION Durlng 2022-23 the School launched a new 5 year Strateglt Vlslon, settlng out the M555lon. Eth05 and Airns of the School. and the Key Prioritie5 to achleve those alms. Our Aims The School aim5 to: encourage our pup115 to StrSve for high p¢r50nal, academic and social standards whllsttaklngfull advantage ofthe opportunities on offer to them., enable pupi15 toenjoy thelreducatlon.to see learning as avaluable and lifelon8 experience and to support them in making important career declsions., build and sustain a compassionate, generous and inclusive communlty in whlch all its members are valued eoually and demonstratea sense of pride in Contributing to the local and wlder communlty., develop in our pupi15 personal qualitie55uch as urioslty, honesty, Industry. reslllence. empathy, self-awareness and respe¢L In the Prep School thl$1s delivered vla the Prep School Values.. Resourceful, Ambitlous, Safo, Respectfijl. Responsible, Compassionate., foster an active and open relationship with parents. supporting them in raisingconfident, positlve and well.rounded young people.. ensure thatSUStalnabilityand environmental awareness are central to our strategy and that puplls are en8aged and Involved In achievin8 this. Five Key Priorities Academlcèxcèllence ènd a$plratlon bullt on a founfjatlon of Insplratlonalteachln% nd aculture of development and professlonal learning. Ho155tlt pastoral care, bulldSngreslllence, sèlf-knowledge and a senseof wellbeSng whi15tensurln4that pupilsdevelop empathy Inthelr Interactlons wlth other5. 8road and robust sk1115developmentfor ourpuplls, offerlng a rich and diverse range of extrpcurrlcular opportunltles. Contlhuèd èn¥lronmentallyrespon5ibl¥ capltol developmenttoensure the best facllltiesfor learning. Cornmitment to sustalnability and envlronrnental Issues. EneaBementwlth our¢ommunlty. InclusSon of the whole School romrnunify, including former pliplls. in ourdevelopment. Actlve engagementwith and contributiontoour local and reglonal communlties. GenernlInformatlon Organ15ational Management The Governing Body determines the Beneral ptylity and strategic direction otthe School.The Govemln8 BDdy, a5 tt*charity tru5tee5, is legally re5P0Tr5ibletor theoverall tnan48Ementotthe Khool. The Maip Board meets fourtitne5 a year, tw5￿ in the aututnn term and once each inthe5prinHand 5ummerterm5. Yèrm S¢hool was founded in 1978. It 15 ￿nStItute￿ a5 a Ivrnpany IlmSted by guarantee reelstered in England, Company Nu￿bEr 4451356. and Is reeistered with the Charity Cotnmi55ion undEr CharltyNumb•r 1093434. The Main Board is a150 SUPPOrted by sU￿COMmIttee5 wh￿e membershlpisdr8wnfromthe Board of Dlrectors.. The S¢hoo1 operates two $¢hools known as Yarm School IDfE number 808160021 and Yarm Preparatory S¢h¢ol IDFE number 808160031. • Finince & General Purposes C¢)mmltte¢. Thls committee meet5 in advante vf Moin B¢ard m¢¢tin8S tg reyiew fin•ncial perfDrmance and development strate8les for the fvttsre of the School. It scrutlnises revènue. bud8ets and capltal expenditure, and oversees the productlon of the Schotsl's annual audited financlal statements 3nd annual report, for opproval by the GtsvernlTh8 Body There 15 one Governin8 B¢dy for the twu sthools. Deta115 ¢f tho members of the Governlng Body are listed, tO8ether wlth tho School'sprincipal Fef50nnel and •Ovl$erson pè8es 25 and 26. Salarles Commltt•*. Thls eommltteÈ consldors proptssals for •nnual salary r￿le￿S of all employees of the School, Includlng t@achSng 8nd nO￿teachIng staft. The remtjneration ot senlor managers Is consldered by a smaller subl unifgrm Showroom for wpllsand to optrate the Princess Ale¥andra Audit¢rium. Employment Poll¢y Yarm School Is an equal OPPDrtunltles employer and. as such, Is committed to a policy of equal treatment and cpportunity with regard to its policies and practice5for bothemployees and potential employee* Thls means th3t no employee or appllc8nt will be treated le55 favourably on the 8r¢ynds of any gf the protected characteristics asdefined by the EqualltyAct 2010. Th• School M•ks to achlevè hlBh academlc standards whllst prornotln8 personal 8rowth for all puplls throu8h a broad ¢xtraturrScul4r pr¢gramrne and has actlve membershlp of a number of bodles who Also seek to promote thls èlm, 5nclud5n8 th• Indep¢nd¢nt Schwls C¢untll IISCI, the He3ds' Conference IHMCI, the Independent Assoclatl)n of Preparatory Schotsls IIAPSI, th• A$s￿latIOn of Governing Bodl¢s ¢f Independent Schools (AGBISI, the Independent Schools. gurs•rs Ass¢¢l•tlonllSBA). Consultatlon wlth emp1oyee& or th*lr representètlves. has contlnued at all levels wlth the aim of takingthe view of employees into account when decisions are rnade that are likEly to affect their Interests. Employees are rnade aware ot the financial performance of thE School, to8etherw4th its plan$ forfuture devdopmencon in annual basls. Investment Pollcyand Objects The Director5 are permitted by thE Mernorandum Jnd ATti¢le5 Of Association to inwest any surplus funds of the school not immediately reou5red for the furtherance of its Objec￿ The agreed poll¢y Is toplacesuchfundson deposit in hi8h interest bearing bank accounts which will still allow access to the fund5 when necessary. The rateof Interest received15 ccnsldered tobe adequate, Durlng the 2021122 acèdemlc year Lhe GoverninR body undertook a revlew of iht Investment pollcy. In addition to placing tunds on deptsslt the Trustees agreed to invest a PDrtlon of surplus funds to provide a return that maintain5 the real (inflation adjustedl valve of the capital a5 measured by the Consumer Prlce Index, whih also 8oneratln8an 5n¢crn• t05UPPOrt thÈwork of the chArlty. Whorever possible and In accordanie with Charity CoTThmission guidelines. the Tru5tee5 W15h to make investments in way5 that are cons15tentwththEvalue5 andch3ritzblealms of th¢Srhool. When ¢)nslderlng Investment strateB1￿, The Finance ond General Purposes Committee wlll take into account the published 8u*dJnce of the Charlty Commlsslon on ethlc31 and 50Ci311y re5ponsltrle inve5ttnent ot charitable funds ènd the School's investment phi1050phyand re5tri¢tioNs. The first phase of Investrnlnts beean dtsrlng the 2021122 a¢adernl¢ year wlth an ethical and environmental investment portfolio belng opened through RowBn Dartington Wealth Management, Thi5 portrolio Is revlewed by the GoverninB Body at the Finance & General PurpD5E5CDtnmTttreE •temily basls. Strate8iesto achlevethe Prfnclpal Objecdves In recent year5. the GoverniThg Body ha5 continued an exten51ve pro8rammE of capital development across the School, which h35 pre￿O￿51V Included the constrllrtlon of an award-wlnnlng 75fyseat audltorlum and perlpheral perforMa￿cE 5pace5. nEW riverside clèssropms and a dance $u¢te, a new boathouse, all-weather pitche5 and a Musl¢S¢hool wlth 140seat lecturetheatre, two cla55room5, r•cord5nÉ studlo, ensemble room and numerous practlce rooms. Th1$ f8clllty contlnues to enhance fvrther the Sthool's stron reput4tion for the pertormlng arts. Recent Improvements of tlie Sixth Forn) Centre provided addStlonal ¢lassroorn and soclal spaces. to enhance the experience for students. A new car park was completed to enhance the safety ¢t our pupi15 and reduce the impact on traffic. algn8side which an outdL>Dr arnphitheatre w85 bulltto¢nh)ncethelearnlngexperience IDT pupil5. The School Is commltted to ensuring that its plans to enhance 211 faclllti*s are carefijlly and sensStlvelydeveloped. bearlng In mind It5 8eo8raphlcal posStlon In the town andotherlocallactors. The GoYernln8 Body endorsts the Executlve'5 4pprcath to recrult and develop excellent teachers, Identlfyln8 and nurturln8 tea¢hlng talent thr¢u8h a pr¢xessof professlonal revlew and d￿elOpmEnt In addition to con55derin8 employee remuner*lon and capaclty to dellver objectives on an annual basis. A new emphasis on Professional Learnln8 throu8h Actlon Research has relnforted the School's comrnitment to outstandinK PEdagogy and teacher developrnent. There Is a strong emphasls on the provision of p35toral support for. pup115,whlch was hlBhll6hted durSn8 the list151 Inspettitsns In 2022, whSch dellvered the highest P0551ble out¢DtnÈ5 for the Senior and Preparatory S¢hDols In all areas. The care and welfare of the puplls has been Improved by the recent expansion of pastoral 5UPPOrt roles. Includlng a Flr5t Ald Lead and an Emotional Health and Wellbeing Practitloner and inother School Counsellor to support thls role. Governors also conslder the School's responslbllltles towards publlc benefit and, through the cornplian￿ cornmittee, regularly review 3Ctlvitie5 bEin8 undertaken wlthSn Sthool in partner5hlp wlth the communlty, and other charltable artlvltles, e¥plained In more de*ail overthe newfew pages. Furthèr. In 2022-23 a new CAD room was developed In the Deslgn TechnoJo8y workshop, with a range of other Improvements and UP8rade5to cla55room5 alonB5ide thi5 workAmajor refurb15hment Df the Seni¢r Schwl Ilbrary w35 Started in the Sumffler Term, and plannlThg ton$¢nt ha$ ￿en 8alned to extend the Senlor School DSnlng Hall andto¢over the MultbUseGamesArea. In 2022.23, thE latest ph35eof our plan tDdeveltJpthe Prep Sch￿1 continued.with wrnrnencementofa newbuildingtohouse a Scheol Hall, klt¢hen and d5nln8 facilltles. Ilbrary and 183mln8 resource space and three new classrooms, as well 3$ a new receptlon and arr5v81 space forthe Prep School.Thl$ should be finlshed In Autumn Term of 2023 and will be a resource for the School and for our wlder cornmunlty vla our Paftnershlp Actlvltlek The Pr Preparatory School has also been develtsped. with puipostrbullt ¥¢wm￿datI0n and landxapEd play a￿5, ¥Vlth recent Improvements addlngto theeK¢llentfa¢ilities. l L41,.. prthdpalArtlvlty Fee Assistance Figures Yarm Schtx)I's prlnclpal actlvlty, a$ set wt In the MÈmorandum and Article5 Df A550Clation, and In conjunctionwith It5charitabledutie5. 15'the advancement of education,. In thi5 regard, the School has had another very suc￿5$ful year. Pupll numbers on roll have remèined Stron8 over the past few years and are currently approxlmately 1,150. The School attrads regular enquiriE5 fr¢m prospettlve p)rents, from the Open Mornin85 and Preparatory S¢h¢ol Open Week, other advertlslng and by word-of-mouth. Thls success Is the result of the Governlng Body's resolve to malntaln the hlgh academic 5tandard5, ex£eptional extracurrScular provi51oD and outstandin&faiilitie5 tor which the School 15 hiEhly regarded in the north.eastfeBicn. 53 pupi15 5UPPOrted throughfee asslstan¢e, 21 ofwhom re¢elve afullyfunded place The kh¢¢l has prevlously revlewed its policy on scholarshtP5 into Ye•r 7. seeklng toensure thatfinanclal support150ffered tof3mi1Ses who would otherwise be unable to afford a plèce at the School for thelr children. Means tested bursaries are ncw the primarysUPPOrt offered at entry into Year 7. with a small number of mu51 scholarship5 3wèrded in additlon to these. The ¢rlteria for support are under continual revlew In order to ensure that these funds are 3pplled to 5UPPOrt th¢ educatlon of the rec5plents In the most effectivew•ypo$$lble. PublicBenefit Ccn515tent with the prlnciples Set eut in'Hallmarks of an EffectlVE Charlty,, the S¢hool take5 serlously ks role withln the lo￿1 and natlonal communlty. seekin8 to promote the hl8hest wsslble all. round educatlon for Sts own puplls, prornote these academlc ambition5 mOrewide￿ and integrate closely wlth the community in SuPr￿rtOf4Cl1Vitles and events,whlch aretomutualenloyment and benefit. Y)rm Sch￿1 works alongside a charity called the Royal National Chlldren's Spr5nEbo8rd Foundation ISprin8boJrdl who focu5 harne55ing the power of eduiatiDnal vpportunities at spme of the UK'51oadln8 Sthools to ￿nefit youn8 people who need them the most They work wSth Independent boardlng and day s¢hoo15 to place chlldren who have faced ch3llenElng elrcumst)n¢es- ¢hlldr•n and teenè8eTS In or on the edge of Care, or 8towl#g up Sn households and comrnunltles where opportunltles to flourlsh ar• IlmltEd. wlth yrtl¢lpat5n8 schools offering 110% bursary places Ith05e that ¢mr all fee5 and extra51. Yarm School 15 one of the first c)￿rt gf 15 day schoo15 workinB Wlth SprinBboard, 5Fecifically supportln8 Its Looked.After and Vulnerable Children ILAVCI programrfte. and we aim to continue to 5UPPOrt children tD join Yarmfrom the5E backBruunds. Yarm School remains committed to itsfoundlng principles of providing public benefit to the local community. FeeAssistaiice Whlle theprovisionof bktrsaries 15 a measurable means of providlnR publ1¢ benefit, the Governlng Body takes the view that bursarie5 must not exlst to the excluslon of a much wlder benefit that the School provides throu8h it5 PèrtnEf5hip Ktivity and umtnunity enB8yRment. .IMtI A6 a r•l•tlvety youn8 sehool, Yarm School de•$ not h•ve any endowmefits or foundations whlch ex5st speclfically to Support the educatlon of pupils frorn low Incorne familie5. Pupils who recewe bursaries contribute to School life in a variety of w3ys and so the benefit from their attendance is not only felt by them, but by the whole School.Th1syearthe School awardeda subst8ntlalnumberof 5chDlarshlps and bursarTe* There Is èlso a sepèrats ranee of schDlar$hlps, some of whl¢h are me¥n$-te$ted. availabl¢ to Slxth form puplls. io PHAB Club Our PHABClub, l•un¢hed In Yarm In S•pt•mb•r 2021and ￿sCOntInUed Its very wsltlve start It take$ place on a fortnlghtly basl$', partnts and thelr dlsabled ¢hlldren corne toY•rm 5¢hool t05e¢lall$•v45th our Fourth and Flfth Ye•r pupll$. About 8.10 dlsabled y¢ung pe¢ple From around th¢ Irxal areas attend each Phab Club sessl¥n. wlth s¢ssions Includlng vlslts from a therapy do¥ and the local Nr¢ Sriglde, a mAglcian, Animal Encounters, as well as a Mad S¢len¢e sesslon fmrn one of our science teachersand aChr15tma5 Party. Pup115 involved In PHAB Club held numerous chgrlty fundra15ing events throughcut the year to raise rnoney for these sesslons, to buy new Eame5 and actiwtie5. or to pay for vi51ts to the club. Parents h4ve an opportunity for some re5Plte and tin￿ to sociali5e with the otheT parents. In 2023.24, Mrs Lod8e hopps that the club will 8row even bi88er as word SPTead5 and allow5 U5 to reach o*her famS1ies. The P055ibility of holdin8 some longer 5e5sion5. on 3 Saturday mornin8 or In thè holidays, is being explored, to allow ¥uests to enjoy a show In thè PAA or to 80 on the boats on the rlver. forex8mple,' we are a150 lookln8 to build Ilnk5 wlth other groups to 8lve acce55 to dlfforent ac¢lvltle$ at thB club. Eco Committee The School's Ectrcomrnittee had a succe551ul year, thank5 to the dedlcètlon of a hard worklng grrjup ol puplls who completed thE envlronmental revlew and en5knred that we met eur tar8ets. In Summer 2023, we secured the prestl4iOU5 Green Flag Award tor thE 51xth tlrne sSn¢e the school emb?rked on the Eu-schools project in 2008. Ectrrep5 conducted an audit of actlvltles occurrln8 across the $¢hool, sourcing evldence frorn varSous Inltlatlves as well as Introducln8 new projects such is the battery recyclln8 scheme. Itwas very much a team effort and we are proud of how Eco-sehoDIs Inltlatlvesaré veryrnuch an Integral part of howtheschool Dpeiate The team has bl8 plan5 for EGo.khDDls In 202>24, wlth three maln tocu$ are35'. Healthy Livlng. Waste and Global Cltlzen5hip. We are eKited to reSnstate Eco.week Sn March. wlth actlvltles appe315n8 to all ages in the senior xhool and includinE, lor the first titTIE, eco- collaboratlonwlththe PrepS¢hool In addltlon to Ecrtrweek, in tackllng our waste and global citizenship goa15, we will also be laun¢hlng a drlve to Collect crlsp packets for the Charlty Night LiEht, which can bE rnade into sleeping bag5 lor the hornele55, and seeking ways to address vehlcle Idlln8 as an issue in our $chool£ar parksand beyond. 11 CaTrers ITr 2022123, our Careers event5 returned to alarEe￿,ln person, format, whllst reta5nin8 the use of 'remote' 5e551ons for some events to increase accesslbillty. We held our biennial Career Convention wlth over 100 profe551ons, 250 dèle8ate5, and 2000 guests, ènd 25 universltlos and place5 of hl8her educètlon. This Event was h&ld In Aprll and was advertlsed wSdely across the re8lDn, bt>th through ¢onta¢ts at other sch￿15. but also throueh 50clal medla. There were vlsltors Irom around ttn10¢31, state 5thoo15from acros5thE reBIon. Care¢r Cluster events were accessed by the wlder school comrnunlty and scho¢1 tornmunlties 8¢r055 the reBion. Each 8enerate5 interest and partIc￿patIon from around 6-9 add5tional schools. The events are advertis￿ promoted wldely ind all pup115 acro55 the re8ion, alon8 wlth their famllles are encouraged to participate, thu5 5harin8 the opportunitie5 available to puplls at Yarm S¢hool. The event5 offered detailed and 5peciali5ed advlce. Informatlon 3nd guidance in these Specific are35 of c3reEf5, notably this year in the èr¢a of professlons In the PL)blic Sector. Yarm School developed a new initiat5ve wlth the Clv51 Servlce at the recent￿ established Darlington Economic Campus. For the first time nat5onally è pro8ramme was devEIopEd lo h05t a Broup of 51Xth form Students for a week long work experience proBramtne. Thi5 pro8r8mme on¢¢ developed was then opened up ènd shared wlth a local. State school. wlth the two scho)1$ Solns throu8h the week'5 experlence together, The Medic, Dentist, Vet Multiple Mlnl InteNiew tv¢nt als¢ Invlted onto the 55te 3 nurnbEr of pupi15 from other schotsls. allowlng them to be invofved inthistraininBeventforapplicantstoMDV. The SchorA works In close collaboration With other edu¢atlonal instltutions, accomrnodatin8 st￿dent teachers for work *xptrlen¢e. observatlon and on teachin8 placemen￿ At Its own cost, It also tralns teacher5 who wlll be free to move to other sthools in thelr fvture career5. fji lttve%ttr •invcsic¢ Manyof Its teachers work as exarniner5, includingsornewithsenior roles at n•titsnal level supportlng 4nd advlsin8 the work cf exam board5. ThSs comes ¥t a cost to the School but has a much broader bEnEfit. Other teachers are Governors of local 8¢hools, vfferini their tlrnE and expertls¢t05UPPOrtthe5e schoo 12 Performance Venues The Princess Alexandra Auditoriurn and Friara8e Theatre are the school's s*unnln8 venue5 for pertorming arts events whlch are open to the wider mmunity. Yarm SihoDI 5eeksto hD5t èdiyerse pro8rammE of performin8 art5 and cultural event5, which would ctlerwi5e notbe avzilableto people in the reBion. Mzny of these events, such as authDf5' V151tS, 5chool-based concerts arxl some collabDrètlve partnership actlvltles with local schools, rE pfDvlded IreE ol char8e. ThEre hèvt a15v beEn a numbEI ol event5 that have been run for charity ènd the lee charged ha5 just been to cover runnln8 costs. We now have a 5pecific'Ch3rltles TJrllf' Eharilng schedule, sgt up forth¢seevents. We have ¢ontinyed t•8r¢w the PAA audien¢e by ¢fferlrtg a wider range ol shows, and focuslng ¢n mèxlmlsln8 number$ 3tt¢ndlng thmv8h tarseted rnarketSng. rathér than by Increa55n6 the number of events. We have already surpa55ed ou¥ prtrcovid occupancy leve15 and we are lo¢kln8 to bulld on that next year.we have had some hugelypopularshows. Includlng our pantomlm¢, Beauty and the Beast. whlch ran for 27 pertorm•n¢¢s, as well as launchlng our o¥¥n bS-mtsnthly comedy club. Rlpplng Yarm$. We havo hosted and Supported the Cornrnunify Chri5ttnas Carol ConcerL performed by Yarm school wpils. to two packed audiences as well as range of other school performance5 which also attract audience rnembers from thelocalzrea. prj. The Frlarège Theatre, parl of th* Mu$it S¢ha¢l, prpvldes ? more intimote 5p•¢e wlth 140 s¢at% Th¢ venue offers Iltre screenlng5 from prest58leus theatre ¢ompanle$ $uch as the Natlonèl Theatre. R¢yal Shakespearo Company. the Royal Opera House and Art E¥hlbltion on Scréen. These screenlnES continue to attract a good audience from those who live In the local community and who benefit from the School's provision and our determination tobe a cultural hubforthe localarea. Yarm Apprentice The Yarm Apprentlce scheme contlnued to engage would-be entrepreneurs in the Sixth Form and to raise rnoney once a8ain thi5 year by undertakin rants of thallen8¢1 5n¢ludln8 b¢5ns • slgnlficant presence èt th¢ Chrl$tma5 Craft Fair. The total raised by the students was El,162.33 for a ran8e of auses. local ond fUrt￿r afield, Includln8 Yarm Wellness Centre, Bre4st Cancer Now, Make aW55h8nd PHA8. Thed¢natlan toYarmWellnessCentre provld¢d thestedfundlngfora serI¢5 of teenage mindfulnes5 and yo8a sessions. for which the centre hopes to secure lon8er.term fundln8 from local buslnesses. In addlt5on, the Yafm ApprÈntltt sthtmè partnÉrÈd wlth ltstal buglnesses, IntludlnE DarlinÈton Building Society and Active Financial, with Yarm Cvunril and the Herlioge ¢ounelllor to promote awarenes$ of the converslon ef Yarm Town Hall Into a Heritage Centre. A Erwp of First Year pupik in our Hlstory Sotlety a150 £ontrlbutqd to the Herltagp Centr¢ prole¢t by 8atherin8 Informatlon and materlals for • t5me ttapsule, whlch thÈy hÈlped to bury underthebuildin8'snewfloor 13 CommunltyActlon Group The prlmary h¢u5 tsf the Communiiy Acti¢n Group was ON the desi8n, 5ketchins and painting Of two murals in the vestlbule ol the Yarm Wellness Centre, I building desi8ned t) have a positlv¢ Impact tsn the wellb?in8 Ot the wider <¢rnmunity through the provi$lon of ¢reative, educational. fitne$5 and wellness ¢lè$$e* Completed over a period ol number ol rngnths In the Thursday A¢tlvlty peri¢d, the larger mural 15 ¢used around the River Tees and In¢orporates many local lartdmirks in¢ludlrtg the D¢ve¢ote and the Fri4rage Buildlng. The se<¢nd mural includestwofi8ur¢s darKln6 and Ima8esofcake5and muslc" a nod tothe divers¢ran8e gf Classes that take plècewlthln the centre. Puplls In the C¢mmunlty A¢tlon Group asslsted Darlln#t¢n Rotary Club In thè5r collecl5on of books for Books for Afri¢a. This Snvolved en¢our•Bln£ book donatlons atross the school And packlng ihese, tO8ether wSth unwanted school textbooks and surplus library books. In the speclal bt)X￿ provlded by the chirlty- These were then shlpped In a contalner whlch is to be used as a library in a cornmunlty inAfrl In the week5 before Christma5, the Cornmunity Articn Group riis fund5 for My Sister5 Place. 3n independent 5pe£ia115t Dome5t¢c Violence 5ervsce in Middle5brou¥h for women aged 16 or over who h3ve ¢xperien¢ed or are experi¢n¢lng domostl¢ vlolence. Est•bllshed in 20)2. the ¢harlty Is ¢¢mmltted io working In partnershlp t¢ t#ckle domesrlc vlolonce. The group packaged and sold hundreds of Christmas sweets, as well 8gorEanlslnga'Name theChr15tmas bear'competltlon. At the beginning of the Chri5tTlla5 holiday, the group volunteered at Holiday ActIvit￿e5 and Food IHAFI prg8ra¥nmE at Stokesley Primary Schotrl. Workin8 Wlth the Head of En8llsh, they ran two drama ses$lons for children ased 6.11, as well as soclali51n8 Wlth them after the mornSn8 Se551on. HAF5 provlde è vltal $ÈTh(ct In offerln8 healthy fotsj and •nrlchlnc actlvltles to dSsadvantaEed ¢hlldren and thu$ thls WIS 3 rea15y ¢xcltln8 opportunlty for the eroup to work tl¢sely wlth members of our ¢ommunlty. Lastly, we were delighted that 50 many pupi15 at the Senior School participated in the first annual Funky Footwear Day in May. The event wa5 organi5ed to raise fund5 for ThE TEe55ide Charity. with whom the Community Action BfDUP ha5 been workin8 to try ttr provide 5choDI IoDtwear for underpTsvile¥ed children and teena8e15 in the wider comrnuntty. Next year, we look fO￿lard to undertskln¢ a Solfit proS¢ct wlth the school's Phab Club, further fundralslng for ltttal ¢h4rltlès. 35 well as contlnulng to work In parther$hlp wlth The TeÈsslde CharSty Yarm Wellness Centre. l.A CCF (Comblned Cadet Force) The Sthool CCF Icntlngent supported the town'5 annual Remembrance Day memorial Service in NoverNber 2022. The scho adet force led the annual mllitary parad¢ down the hS8h street, additionally a representative from the School read the name5 of the Yarm's18llen from the tsvoWorldW8rs. 14 Music Events 8 Partnershlps Through the appolntrn¢nt ol a Music Comrnunity Partner5hip5 Coordinator in September 2022, we have worked In partttershlp with a host of organlsatlon5, buslne55e5 and indiYidu31s acr055 the are3 sn inTtiative5 which for8e muslcal Ilnks wlth mÈmbors of aur communlty.Thesehavelnduded.. 'Sklve¢$ S¢hool of Llstenin8' Symposium.. ￿1 Art is Quite U5eles>. In pèrtner5hip with Cleveland PCC, The Samorltans, The Head158ht Prolect, NET Trust, HMP Kirklevin8ton Granue and Trc Trust, th15 meeting of young minds brought together students interested In the arts to explore huw th¢ ar¢5 be transformatlttnal wlth regardtomentèl health andwell-beln8. Hampttsn Uv• In Assoclatlon w5th Y8rm SchoDI. In partnershlp wlth ARC, The H•tnpton at Hllton and Stockton BID, thls 5nitlatlve Elve5 some ef our must 8lft¢d mu51¢14n5 the opportunlty to perform for the enjuyment of a live audIer￿e in thelounBeare4 of the Hamptonat Hllt¢nlnSt¢¢k*¢n. Mernprtg. a Dernentla friendly rhplr. We have est3￿1$hed communlty choir open toallwlth a particular focus on those wlth dernÈntl•. Currently, we have ergan5sed I larg¢ ¢v¢nt p¢r term. These hive proved Incredlbly popular and unlted youn8 and old through a Idy of &lnelng ttt8ethÈr and sharln8 mèmorlo& Puplls. students,texhin8.admln,cleanln8and eststes staff fromall parts ot the school communlty have Come together to support thls venture School of Sklffle. Th15 Intergeneratlonal ensemb￿ supwrts ¢ur partnership event5,' il also provided 3 platform Icr welcomin6 an 80+ year-old 8entleman Into school to insplre our Flrstytars and School of Sklffle wlth h15 ablllty Ot playln8 the kn5ck knacksl On nother occaslon. Tony McNally, natlonally Atclalmtd multl. Instrumenta115L led workshops Incommun5ty muslc.makln8. 15 OtherinitiativesemEfBingfrom theMu51c Departmentdurlngtheyear included.. Yarm School Choral S¢xiety, open to anyone in the area and provid*n opportunltl•s to partlclpate In performanc85 such as thoral evensons sn Rlpon Cathedral, performlnB wlth the 81ack Dyke Bras$ 8and. contrlbutlnE the the school's Communlty Carol Coniert, 51n¥lng Haydn'5 Ne150n Ma55 wlth cornmun5tyorchestra and ma55¢d PErformanceotVerdl Requlern InOorlin8ton. Mu5icscholarships and Instrumental Awardsoff¢red•nnually. A month.by"rnonth flavour of tsur performances In and out of sthool durlng 2022-23: September.- Saxophone and Clarlnet Ensemble loln wlth U3A muslcian5 to celebrate stockton's UnSverslty pl th¢ 3rd Ag¢ 40th blrthday celebratlor*s', music provided for Tees Valley Bu51ness Club tvent. October.. Brass Band performance at the Rugby Lea8ue World Cup Cook Islands ¢lvl< receptlon at Rockliffe Hall,. backBround muslc at Hitnpton by Hllton Stockton regenera¢5on project event. November., Builer Igr Y4rm's Ait of Remembrance,. Evensong at Rlpon Cathedral., Cvn¢ert in Yarm Parlsh Chureh In ald of church fund54 performances at community Christmas F•lr ¢v¢nt,. Chrlstmas Muslc at Hampton by Hllton. Stockton for the Chr15tmas118ht 5wltch Dn-, C•ntert and CakÈ-, Internatlonal Wornen's Day charlty event or8anlsed by Endeavour Partnership LLP. December.. Carols for a Teesslde Hosplce Bu5ine55 Event,, 2 SEII-put community Christma5 conterts wlth large amounts of money rèlsed for Muslcal and Technlcal Support, lfi¢l¥dinB'. Ere#tion ol barklng trneks f¢r St Joseph'5 Academy in Hebburn, part of the new Olshop Chadwick Catholic Educatlon Trust. whl¢h our Music Cornmunity Partnerships Coordinator is workin8 wlth on creative, communlty and mu51col Identlly.. 5uppDrt for Sto¢kton RfversSde Cclle8e In preparlng Students for audStlon$, and plèylnVarran8lng muslc for Shows.. provldln8 backln8 track$ 4nd ¢>ther support for local sln8ers fromthe rDJintained Sector auditionlnE forstage sthool&West End productlons,. TeesValleyYouthCholr rehearsal in KhDDlweeklyfreeof charie. 25,5 Chrlstmas partyi Memento Cheir Chrlstmas sln8along-, School Cardl Servlces lfi Yarm Parl$h Church.. carol sln8Sn8 At charSty event; Involvement In the Hollday A¢tl¥ltles and Fo¢>d Pro8¥amme I#HAF20221 January.. Primary 5Ehools 5in¥in¥work5hop5, CPD and performance Involvlng puplls from loe•l primary s£hools.' Concert and Cake. February.. Performance èt That's Varletyi •n external event ¢elebr•tlns lotal v3rlÈty talent., perforrnance In Durham Cathedral In North East FÉstlval of Youth Chtslrs. cÈltbiatlng thoral thuslc acr0$5 the Tees Valley and North East. March.. P>rtlclpatlon In the Great North J8ZX Fe5tiv41.. Memento ChoTr, St Patrick's get toBether,' Concert and Cake. May.. Musleal Involvement at theTees Valley Dementla Friendly Awards £eremony, held in the PAA.. Concért and Cake. June.. Memento cholr summer hollday sln8 hlon8; Erlmus CholrltslnÉd wlth PHA8 club for thè end of yelr party.. Concert and Cake. July.. Communlty 5nvolvernent in our Dovecote Fe5tlval', musi¢ at Ma#$ In Bèslllca In Ll$ieux', three joint concert5 Wlth rnu5icians Irom France, UK and th¢ UkralnÉ In Narmandy. Beyond Khoal, s18nlfi￿Tht numbeTS of Yarm puplls participate in Tees Valley Youth choral and orchestral tnsemble5 5ncludln8 the Youth Cholr and the Youth Oiche5tr8. Mony talentEd pupi15 Participate in national ensemble5 e.8. Nation31 Youth Cholrs. N8tlonèl Youth M¥siEThEatre. ProCordJ. All our concert5 are supported by the wlder communlty,. tlcket prlces are elther free or VEry cheèp Sn rider to encoura8e communlty involvement. Especially popular Is thÈ earlyovtnlng 'CoTrcert and Cake serle5 throu8hovt the year. destgned to be both socSal and mu$leal, wlth Ilve muslc and th* ch#n¢e to ehat cverli8htrefreshments. TeesV3lleyYouthCholr rehearsal Inxh¢olweeklylre¢ol¢h•r8e. 16 Prlmary Partnerships Prep Partnerships The partnershlps prograrnme bptween the Preparatory School and local primary schools developed signlficantly thi5 yearfo11owin8 the lockdown years.Atotal of 15 schools frorn theTeessid¢ and NorihYork5hire afeaswere in¥olved in myrlAd projects •nd workshops, resultSng In over260)¢hildren takingpart in the various event5thattook place. 21122113IMPACTllEPQRT The k¢Y highllght$ were Clay and Microbit Workshops. which saw our teacher5 Ylslting lo¢)1 prlmaries to deliver artivities to whole classes for a day at a time. These proved very popular ènd rneaningful, with teachers commenting on how the expertise allowed theSr chlldren to enjoy experiences and develop new skills they fflay not have previously had the opportunity to. Evenis 12 DqDIIII A physl¢s teacher from th• 5tnlor Schwl is Jll¢xated an afternoon each week to undertakp a 5erles of highly acclalmed and popular Interactlve physlcs rood.shows in lot61 primary 5rhoo15'. feedback Indlcates that hls Infectlous enthusS3sm for the subject h85 inspired si8nificènt numbers of prlmary school chlldren to tsckle scSence wlth renewed v$8our, In è Subject experlen¢lnE a D3t5onal shorta£e ¢f spe¢la15st tea¢hers. Durlnx 2022.23, he v15ited 16 schools across the Tees Valley, 4nd worked wlth over I,OQO chlldrèn. Th1$ pattern of taklng the attlvltleg to schools was in rèspons@ to tho r?qulr¢men¢s of lo¢¥1 $¢hools. who felt that activltles takln8 place on thelr sltes was better use of tlm¢ and resources for thern than comin8 to the Prep School. Similar projects saw our Dlgltal Leaders share their knowled8e and expprtise of using our VR headsets with local primary schools, brin8in8 thp curriculum alive with vlrtual vi51t5 to. for example. Ancient Egvpt. There were a150 the reiulzr event5 takin$ place at thp Prepar3torySchcol, such as theannual s¢h¢olsouii andour Prlmary SchDo15 $5nglng Day. whiih sawover 120 pupi15 from ftsur local $chools reh¢?r$e then slng a ran8¢ ¢f￿n89 10 theirparent5 Ill the PTinie55Alexandrz Aud5torlum. li c¥vn p￿p11$ 2600 4115 Our 8nnual Teess5de Indlvidual and Team Che55 Charnplon5hlp5 took plDce durln4 the lasi academlc year. wlth plans to e5tsbli5h links with a Breater nurnber of 5£hoo15 goinB forward Into 2024. Alr¢ady planned are joint lunthtlme ctsathln8 Se5slons with respe¢tlve chessclubsfrom aran8eof schools. There are also planstodevelopa debatin8 socletyfor local prlmary schools, led bv oursenior Sthool Debatlng Stxlety and our Prep Debatin8 Club. Comm&nlty &kgagemBnt 'Wh*l you have ofltr¢d us h•J been ei¢¢lltnl. We oro so grAiÈlul ourthlldren hid lh¢￿ •pptstillfjltl¢È' It 15 important,whBn runningsuch partnershlp 8ctlvltles,to ¢onslderhov4 best to monltor their eflertiveness and impact. Our primary ￿Urce of data are tht Comments from th¢ primary scho)I te•¢hers wework with, Thefollowing comments hl8hlight the lrnpact the ctivities hwe. Improved confidence and enjoyment in pupils when takin8 part in arts and ¢rafts actlvltles. 'Chlldrenwereableto learnand applynewskllls and ccnsolld3teothers'.TÈacher,TheGlebe Prlmary. Knowledge and expertlse shared by our teacher5 wlth local prlmary school teachers, who were appreclatlve of the sUPPOrt recelved, whlch d¢Ub￿d up a5 CPO.'I got t¢ learn and use new techniquES, a5well a550me new ideas we canu5e here Infuture."_Te3cher, Layheld Primiry. With ourArtist&in.ReJid¢nceand ArtLead. we ran a numberof communltwfacing prDlects throughout the year.The plckofthese were the'Twelve Day9 of Chrlstmas, wlndow dressinB trail, with the work5 cf art placed in local bu5inesse5 and de518ned by a h05t ot school clubs and activities across the Prep and Pre-Prep. Thi$ wa$ l)Il¢wed in th? SprinE terrn by a Sculpture deSi￿ed by hundred5 of children jn behalf otthe Tees River Trust.Whlchwasdlsplayed Preston Hèll Museum as part of a local emhibltlon. Further plans f¢r 2023124 ￿11 see u5 take our p8rtnershlps work more Into schools, rather thèn hostln8 It here at Yarm, 8row our partnershlps tsfferln89 In local prlmary Scho￿$. a5 well as use our new hall for event5 for the communlty. Amon¥ the plans ère.. further Micr¢blt work5hDps. st£AM activities, clayworkshops Im the hall,£holr performances for local care horne5. author vlslt5 and woodland5se551ons. We a150 look to bulld on the relation5hip5 established as well as 0￿¢¢ our workshops to other s¢h¢ols In Sto¢kton and Mlddl¢sbrouEh, as wÈll as continue to support 5chuols vi• our staff holding role5 on gcverning bodies of local primarlos. We estlmate that 5000 chlldren In the Tee5side reglon wlll benefit from Preparatory School partnershlp5¢ver the next 12 Thonth5. 17 Over £3000 wa5 raised durin8 'FundraisinB Week, as well a5 throu8h event5 thrOu8￿Ut thp year such a5 Sport5 Top Dav, Chr45trna5 Jumper Dayi keepy-uppy challen8e5, the House Bake Off. bu5ktnB in the DovecDte Courtyard. 3 sponsored 5wllin8 Bee, and House hoodie sale5, As a result, the Hcu5e were able to give donations to their chosen charitie5.' Breast Cancer Now. the British Heart Foundation. c3ndleliBhter5 UK, Te255ide Family Fcundation. Tiny Lives Trust. Alzheimer'5 Research UK and 151amic Aid, The Bede House Charity Concert. spparheèdEd by one of cur Upper Sixth Forrners, raised alrnost £900forAlzheitner5 UK. The khool'5 ParEnt5 AsS￿l0t10￿. thE YSA, h05 a150 raised 518llificant 3mOUllt Igr a range of different charities through variety ot different event5, such as their hi8hly 5UCte55ful Gla5tYarmbury Summer Ball, whl¢h ralsed total of £7,032 was raised for the South Cleveland Heart Fund. throu8h a mSxture of auctions and raffles. The Chdstmas Craft Falr In December 2022 3150 ra15ed£350.50forHeel and Toe. PupS1s In all se¢tloThs of the School have continued lo be aEtively eftEoied In a wlde ranee of charitablt endeavixsr5 38ain this yehr. 8lvln8 the5r tlmÈ and entrBy freelv tg 5UPPDrt many 8ovd causes and to help raise funds for a numbèr of or8an15atlons Iccally. nationallyand internationally. In the Preparatory School our Harvest C¢ll¢¢tlon In October supported Little Sprouts throush the donatlon of ngn-perishabl¢ food iterns. toiletrie$ and beauty products. Overall the children brought In appr¢xlmately 400kB cf 8oods. The proceeds from a retlrin8 collectlon at our Carol Service were donated to The Must8rd Seed pro1￿1, K¢nv• to Support thE next 5ta8e of development of the Mlche Bor? School which we have 5UPPOrted for mathy years. Our annual Chr15tmès Jumper also ensured 8 $12èable donation was made to Save the Chlldren prlor to the T￿tIVe break We also contlnue to support Comlc Rellef wlth our annual disco,while our Ènd of yearW3ter Run and Year 6 Sleepout raise In excess of £1500 for Water Ald and Shelter re5pectlvely. Each house in the Preparatory School also runs thoSr own charity eventdurlng th¢ vear•nd 2022123saweach house rAlseAn average of £600 for ihelrch¢l¢es of local charity. lrnth¢5enlorSchool,the fourS¢heol Hou$05, Othera¢tlvltl¢$8roups and Indlvidua15 have continued to or8anise and to take part in a de range of charitable and fundralsing ¥Etlvlties. The5¢ ère recorded and shared through the schod newsletters, so¢lal rnedl• platform5 and maBazine. This year, the School crjntlnued with Its newand revi5edlormat of *he Chèrlty Weeks, succeedlng in its alm of increa5in8 pupil en8agement wlth, and understanding of, the diverse nature of dlffer¢Trt types of charit8ble acts, throuEh'Glving Week,, 'Fundralsln8 Week, ond 'Cotnmunlty Week,, a5 well as elevatin8 H¢useldent5tyand spirit. Inthew•tk$ le•dlnB up tochr16tmas.wlth House'GFvln8Week' è5a focus, 311 four Htsuse$ came tO8ether to donate a wide variety of 800ds - fMd, toiletr5es, tOVS and electrical Items and clothln8 re5ultlng In a number of $lzeable donatSons of 8ood5 lover 250k8I1 to King's Foodbank in Dèrllngtcn, the HartlEpooI Fcodbank, and Tht Hygiene Bank, also based In the kcèl area. It wa5 fantastic tD see ihe generosity of our puplls and thelr famllles In a¢tl¥n, wlth numor)us item5 beinBdonated towards èworthy local causE. 18 ACHIEVEMENTS S PERFORMANCE AcademicAttainment Y•rmS¢hool prldes Its¢lltsn preparin8￿ery pupil for the needs and challen8esef theirfuturelive5. Wlthsmall class sizes, out5tandin8teachin% hl8h expectations and healthy ambltlon, puplls of all abllitie5 fulfil thelf true Kademic potential inside Ihe c1355rourn, At the Same Ilme, our stron8 ccrnmitmenttoeducatinBthewhole person glves themtx¢ltln8exp¢rl¢n¢esoUtsldeth¢tlassr￿M throu8heurrl¢h extra.currlcular pro8ramm¢. Towardsthe end ofthesummtrh0lid¥y5.Y￿oncea&Iln received 50mE¢)utstandin8 GCSEand AIEVElre5uIt$. AtGCSE level,thls year's cohorte¥¢elledwlth nearly half147%lof all ex•mlnatSons rearhlnEthe hl8h8st916 Erade5. Yomi5chorA performed stronEIy In ￿MparISon to both feglonal and natlon81 ￿nch[￿arkS. Thlrty puplls achiewed 9 or more 918 grades and 51x t•lÈnted puplls accompllshetl the extraordlnaryfeatof eleven outof èleven8r)de9sde5Pitethe retUrnt0pr￿¢0wid 8radln85tandord5. Results were extremely 5trcn8 in subject5 acr055 the board. The EnB115h departrnent celebrated outstanding outcomes in English and En8115h UteT3ture with Yarm puplls achlevlng 35% and re5PECtively It th¢ highest 8fHde18r3de 91. Strtsni outr¥rn¢5 in Math¢matl¢s xr055 the bvard are exemplified by 40% of the puplls tèklng Further Mathematlcs achlev5nE a Erade 9. Creatlve sublects alyo thrlved, wlth grade 9.7 belnE achleved by 90% of puplls InArt and IODX otpupi15takiDg DTTextlles. At A.level, our results at A'IA were very strtshB. far above thÈ natlonal averago. Fortytho Stydfynts #ehleved three or mJreA'.A 8radÈs wlth more than half152%1 al all e)¢)rnln3tlons taken achlevln8 these top 8rade5. Eleven 5tudent5 achleved three or more A. 8rade5 and one student was reco8nised asoneotthe hl8hest performer$ In fh•¢¢untry In h•r Engll$h Llt¢ratur¢¢xam5n•tlons. GCSE Results YARM SCHOOL NATIONALAVERAGE GCSE Grades 9-71%) 69.8% 22% GCSE Grades 9.41%) 98.7% 68.2% A-Level Results YARM SCHOOL NATIONALAVERAGE A-Level Grades A'.Al%l 52.1% 27.2% A-Level Grade5 A. _ 81%) 80.3% 53,5% 19 Leavers, Destinations The mèlorlty of students in th? Upper Slxth make unlverslty appll¢•ilons and are 5ucce55fiJl In EalninB place5 at their first Choi￿ of ur*lverslty. Our students Bained places to study a vast and diverse range of subjects at prestl8loL*S dÈstln)t5ons ar¢und the ¢ountty. De$t5nat5ons Included Oxford UnSver51ty,Cambrid8eUniverslty, Rus$ell Group Unlversltl85, anAmerlcan unlversltyi DeyeeApprentlceshlpsandanumberof other routes. Flfteè students arÈ rn&vln8 on to study rnediclnÈ, d@ntlsty or veter5nary medlclne IMDVI. Th¢ywill be studyin8 MDV ￿urSe5 #t prestlBIOU5 In5titutlons Includln8 Blrmineham, Belfast,Cambrid8e, Lania5tei, Liverpool and London. ThreefiJllwfunded SIMth Form sch￿3r5hip students at Yarm also celebrated thÈlrA Itvel results wlth fourA's four A5 and cnp B betsveen them Afid thesestudents a150made a hugesuc¢e550f thelrtlme atyarm, contrlbutln8lmpresslvelyln a ran8eof extrAcurrleul•r aetlvltlts. Whilst the large malorlty Of our students rnove on to ttnfver51tlÈs. thèr* Is a r151nE trend of Yarm students undertakln8 de8ree apprentl¢e5hip 4lld apprentlceshlpplacements,wlth elEht8alnln8pl¥¢eson¢ompetltive xhEme5Wlth indu5tyleader55uch a5 Pwc, Eyand BAESystems. NALWOMEN H4 a'liliiAIli Other Academic Achievements Arkwrlght Scholarshlps The Arkwrlght Seholarshlp Is worth areund £l(KK> to the students who rtcelvt It. It 1$ aw•rdqd notlonally for Excellence In Desl8n & Technok)8Y to andidates louklng towards a care*r In Engln•?rln8. The examlnatSon and Interview se￿£don prixess take place whllÈ wplls are In Yoar 11 and awèrd5 are presented to Incomlng Members of the Lower sixth. A5 a 5tthool. we 3 strang track recard of ov@r 60 Scholarshlps bein8 awiTd¢d ov*rtho PaÉ¢20ytars Newcastle Unlverslty Maths Challenges 2022 i of 851 entrlos atr0s5 62 sthtyols. a fflumber of our LDwer School pupll$ were awardod tslthtr a prlie tsr 3 certlfitste fDr thp 2 thallen8e5. Fw-slx competltlve mathernatlc5aD5 Irom arr(￿ the Fifth Y¢Jr Ind Slxth F(Ym entered the prestlilous UKMT Stnlor Maths Challen#e. We etngralulate all pupil& reiiaTdless of thelr final certlhcats. takins part. One membpr of the ¥chod a¢hle¥ed the hbqhest score In the School and also quallfied fur the British MwthEm*icil Olympiad. Sl¥ of the elEhtentrie5 for thE SeniDr Kanyroq the next round of thecOrnpe￿lqOn,qaIned Merlt CertIfi￿te& meanln8 thty achleved 40+mark50Utof ICQ.wttin¥themlnthe iop2596ofarcund6.OC4)entriE5nHtionHIIv. Computlng Challenges Pupllstook partina numberof computln8eh#11en8e50¥eTthEacJdErnicye?r. ThePebr•¥CornputlniCh8llenysaw27studentsfromFlfthYeartu Upperslxth tske￿artv￿tht￿ef0ll0WIn8IWards', 9 Partlclpation, IOMerit.8 Distinction. Therewere 18entrleslortheQxford Univers5tycomputlniChalle￿0￿suLIin5 In 16 Pzrticipatiury l Merit and l Olstincilon awèrd. Flnally 10 students entEred the Perse C￿*￿¥ y￿rn Ch•llen8e *inal14 Hlsher Partlclpatlon, 3 Mtsr5l, 3 Di5tinctionlw5thourtvp ieamcom1nB7th In the UK. Intermedlate Mathematlcs Challenge for year 9-11 (Thlrd, Fourth and Fifth Year51 Thé Thlrd Y&ar hav& proven themselve5 to be 4 part5cularly stroni ¥roup sn thls ye8rfs Intermedlate Maths Challenge. ￿er hall the pupi15 were aYArded4medal and, in addition, 12 qu815fiedforthe lollowon Kangargo rounds 3qualifiedforthe0lyThpiad. Junlor Mathematlcs Challenge for year 7-8 (First and Second Years) 116compet5tlvé mathemati¢iansfrom ècr055 theYe8r 7 ènd Year8 recentlvcampltted th¢Junior MathsChallEnBE. We£on¥rotul*eallour pupllson takinH part. Pugi15 recEivedan Impresslve haul tsf Eertlficates romprisini 12 Gold, 39 5ilverand338roThze. Blology, Chemistry and Physlcs Success A number ol puplls were successful in bplhthe InterTnedi8te and senior Blology Olymplad wlth medals xross theentlre range Iparti¢ipationthrwBh toGoldl, Tht CambridÈe Chemistry ChallenEe and RSCChÈmlstryOlymplad bothTe5ulted inanumbprof Gold, silver andcopperawards. Slxth Form studentscoTnpetinBintheOxford 8rltlsh Phy51C5 Olympiadachieved 6 Merits, 19 Bronze and 5 Slfver award 20 Our alrn Is to provlde pup515 wlththe skllls they need todevelop Intoadults who wlll contrlbute posltlvely to soclety. To thls end. It Is Important to us that all klnds of sk1115 and abllitie5 arE honed and developed wlthln e¥h Indlvldual a Yarm Sthotsl edutatlon Is about far more than lust a¢ademlc achlevemenL All puplls are Involved with extracurricu1aract1￿tl@sVF8 our tlmetabled Activitie5 programme two p¢rlods a week, and most enBa8e with further opportunlt5es In their own tirne and as ever, we are always Immensely proud of their wide raTrglng and s18nlficant èchlevernents and 5ucce55e5, bothwithln schooland In the widercomrnvnity. 2022-2023 gave pupi15 the opportunlty to Immerse thernselves fully Into Our extra-currlcular prov151on at full, pre-lockdown, strength, and our newsletter5, School magazlnes, webslte 8allerle5, Twltter, Instagram and Facebook posts have recorded rnany amazing things. It Is not possible to showcaseall of the events that havetaken place thls year¢rtoreporton all of the cultllral achievements, sportln8 succe55e5 orrepresentatlve honours eèlned by membèrs of the community, butthefollowing summary provides as an example of the range of thlngs *hat reflect the splrlt and ethos of our school. In bE)th the Preparatory and Senior Schools. there are a hv8e range of extracurrlcular clubs and socletles which meet on z regular basis. either durln8 the tlmetabled activity lesson5, at lunch.Ilme, after school or over the weekend5. Acr055 the Schools, well over 2W dlfferent activitie5 take place every week. offerlng a dlver5e and exciting range ol posslbilities for our puplls. We believe strongly that e￿ry pupll should develop hobbles and interest5., Mt only are they a sovrce ol much happine55 3t School, but they also develop skllls and Interests. which stay with the pupll for many yEar5. In addition, we ran an extensive pro8ramme of Cultural. artistic. academic, adventurous and SPDrtinB excursion5, trip5 and visits both wlthln the UK and overseas. Cultural socletles, lecture pro8raMrne5 and opportunltles to be Involved In the performln8 arts Including drarna, dance and muslc abound. Concerts and community events have been coordlnated and complled by the Mu51c Department- partlcularly the member of staff 3PPDlntEd to lead on Music partnershlp Work - as well *5 by some of our senlor pup115, such ag the Community Carol Concèrt and the Dovecote Festlval. The Dance Showcase en8aeed a hu8e number of pupi15, from both Prep and Senlor School, workln8 alongside each other wlth creètlvlty and commltment. Meanwhile, Drarna ranged frorn mass participation in the House Drama Cotnpetltion. overseen by Sixth Form directors, to the ever"popular DuologuesComtEtition, enab15ng palrs of puplls to learn and perform their pSeces In front of a Ilve aLSdlencE. Two cast5 Of Sixth Form students presented a pair Of plèys, Gas Station Angel and eiue St*xkln8s. and n)t to be out4one, two ca5t5 of Flfth Year5 Stased Track5 and Audience as double.blll. A Level Theatre Sts&dte5 performances take pla¢e twlce a year and are alway5 PDpular with the wlder ¢¢mrnunlty. Art cornpetltlDn5 3fKI other creatlve and cultural a¢tlvltle5 and trips also took place. and the Engllsh Department's pupll-led ma8azlne.The Dovtcote, m•t wlth suctÈss once agaln at the Shlne School Med13 Awards. achSevln8 wlns In two cate8orles beln8 hl8hly commended In two more- profits made from the magazine were donated to The Junttlon FoundatSon, whSch 5eek5 to Work wlthdlsadvant38ed chlldrén throu8h a number ol dlfferent prolects attoss the Tees Valley. 21 OutdoorEducation The s¢hwl tontlnues tts be t¢mmltièd t¥ an ¢xtenslv¢ outdoor education proBTamme feT all aBes. These extremely popular outdoor educatlon experientys ond ?EtlvltiES provide puplls with H vlriety ol different 5ki115 and developmental expÈrlences, bty51dln8 confid¢ntt and reslllence. Thls yEar opwrtunities have ran8ed from extenslve use of our Forest Sthool, f(>r both PrÈ-Preparatary and Preparatory sKJplls, and a bu$y y•ar of day trlps and re510entials. In the Senlor School It has been anothertruly ictlon packed yèar., all year groups 8èttlng oui explorlni! The Outdotyr Edu¢atSon Department has offered a myriad of doy, weekend and hollday tlme trlw to puplls, Fr¢m mountaln blklns In the Lake D15tdct, to trlp5 to Brltnhèm rt￿ks in North York5hlre, cavlng In the Yorkshlre Dales and w5nt@r mountalneerlnE In the Caimlurms. Empeditions have continued at pace and have included trlp5 tothe mountalns of Sctrtland as well as salllng In GraeeÈ, bould&rln8 In France. and takingpart intheTall Ship5 Race5. The Duke of EdinburBhAward SchEme 15 thri¥in8gtyarmw￿th3 larBe number of puplls 51EnlnE up for the challenEes the award brlnES. Four Upper Sixth rtudent5 have recently a¢hleved thelr Gotd Award and will bE recesvlng thelr certlfi¢atos and badges at a form•1 tèrimny lrt *lthÈr London or Edlnbur8h. There are Still quite J few student5 who are clwe to completion of thelr Gold Awèrd wlth the remalnlng sectltsns to be concluded over the summ¢r.Twenty- 51¥ Lower 5sxth students havE siBned up fvrthEir Gold Award thi5year and are maklnR Steady progress towards èchlevlnE IL Of the EIEhty puplls who ¥lgned upforthe Bron2eAward In the HfthYear,thlrty4Sx haveachleved theaw*rd to dattwlth many other&elos¢ to tompletltsn. SIX Féurth Ytar pupllshavealready completed their Bronze Award in lust over a year with many others makln8 Eood progress through the soctlons. Flnally, siMty.three Yhlrd Year puplls h3V¢ ¥tartpd the ¥therne thi5 year and have already Eurnpleted the ￿pedItion tralnlngthrough the5r part5c5pat5on ontheThlrd YÈarJourn¢v. ThÈ YBACC (Yarm Schtsol 8acc4aureat&l celebrates the Invtslvement of lawer school pupils In a ran8e of extra.curricular activitie5, The Y8ACC is arranged into 5 sectlon5'. Sport. Culture, Qutdoor Educatlon, CommunSty Servlee and Independent Leirnln8. Pupi15 ithiewe the YBACC hward when they complete the 5 sectlons. Puplls can also achleve the DIstIr￿tIon award when they complete extra challen8es In 3 of the 5 sectlons. Puplls AfE regulred to exhlblt or8anlsatSonal skllls In ordertocomplete the award. as they have td log their athitv¢mEnt5 in a botyklEt and ¥pproaEh thp rel¢v4nt rnernbeT5 of staff in order to achleve slgnatures, In a simllar fashlon to the Duke of EdlnburEh Awèrd. During 2022.23 pupils challenged themselves with involvement in artfvltlE5 such a5the5econd Year Independent learnln8 prolecL theThlrdYear Journey,school sport.the Thlrd Year play. The Wlnd In the WIIIDWS, and Scho muslc concerts, IncSudln8 the D0V￿Ote festlval. A number of Flrst Year puplls hove H150 madE excellent prosre55 wlth thplr award durin8 the year. wlth numbercompletin8 multiple5ections towards achievingtheawèrd. 22 Sport Glrls, Hockey Glrl¥' hockey continued lo thrive ènd produced an extremely bu5Y year.. 43 pupils achieved ¢ountysele¢tion,ene pupll played forTeam North East, 2 pup115 tralned wlth the Re8lonal Talent Academy and M8r• Morrison, hèvSng represented the Durharn TA at the Notional Challenge Cup Tournoment In Nottlngham was Invlted to Ensland UI&As$essments )year¢arly. Based on results across a ranse of 5POrt5 throu8hout 2022, the schogl was th¢ 37th most 5ucce55ful 5POrtins school in the country accordlng to'S¢hool Sport Ma83zine'. The position is judged on how many sports the schogl reaches national fina15 in and the finBI plèclnqs of teams and Individua15 at those hnzls. This is an amazinB achievement when one ¢onsider5 the nature of the other scheo15 Ibo8rding, scholar5hlps. facllities etc..). Yarm hascontinued tooffer the same opportunltles and build on others a5 5wirnming for Snstance at natlonal finals level forexample havecomelothptore. Yarm gir15' hockey has long established itself a5 the stand￿Ut team inthe county and we have won county lea8uesltoumamonts across thÈ 38e 8roup& oftenfie1d1ngy￿n¥erte&MS In cDmpÉtitions togive them a challenge Ifgr exatnplE thE Under 125 in the Under 135 c)mpEtition51. We hw* ¢nt¢rpd both the National Indeppndent Schools Cup and En8land Hockty's tyvn Tltred system tompetitSons. i.,1 Our U14s advanced to the U14T2 Area and North Finals finlshlng 4th overall whllst the U13$ havin8 pro8ressed through the county and arEa fina15 in the 7 6sidEfortn4t pf the sarnE105t4-3 t() a strong GSAL In the North East semi.final. We hw¢ èlso made great Improvements on the irtdojr verslon of 0￿r gom¢ as the U15114 played in l¢xal Indaor lÈ•2ues and travelled to Debyf¢r the Ulk Grand Slam competition fini5hin8 a credit3ble 7th. We hwd hl8h how5 fDrthi5ver5ionoftheBamethis coming5e3son. Boys, Hockey It preved to be a fantastic season for boy5, hockey as we ar¢ n well established as ene of the stron8est schools in the north.. It Is pleasin8 to report strme out5tandin8 performances at National Flnals Level and th¢ school cgmpetln8 and beatin8 manyof th? best In the c¢untry. Four of our bovs pkyed In the challenge ¢up in Nottingham in July 2022. two of whlch were subsequently InvSt¢d to England U16A$5essments. At the tirne ol writing. one lower sixth pupil 1$ goini thrDUBh thE E#8land Ul8 Assessment process. • mark of the proÈres5 made by the school In this SI￿rt An arTazlnE 56 boys acr055 the age groups played lor Durham County with a further 6 player5 selected for the Reiicnal Talent Academy Centre. The boy5 played a total of 115 8am¢5 and won 96w5th a total Df 487 8oals S￿r0d. It W35 3150 busy In the Indoor verslon of the ggme, wlth 260 ¢oa15scgred across thE 542?mes played. r,11 Ru8bv Rugby had between 150 and 2fKJ boys playSn$ weekly matche5 acr055 LO teams. TherE wa5 a very competitlve fixture card that produced fine wlns agasn5t Ourham, Barnard Castle, Ampleforth, PocklSn8ton and Hyrners, tc nameafew. Both our Under 16 and Under 18 teams once Agaln r@Achod national indpE)r fina15 in London ID Jènuary., the U165 finishing as the 3rd best team in the Muntry., the Under 14 teom came 4th as tbty repre$ent6d the North East sn the Natlonal F5n31s at the Olyrnplc Park In London.. the Undtr 12$ encour8eln61¥ ftnlshed runners up In the N¢rth of EnEland. The hlRhllght of the seasgn w8$ rotaining our U16 National Title in Nottingham wlth a dominant display where the boys Scored 10 goa15 in the 5 8ame5 they plAyed whilstcotKedin8only l. The senlor team had an ¥m)zlng experience vi5itini Duboi durin¥ October Half Term wth games agalnst Abu Dhabl Harlequlns and Dubai Colle8e. The U13, 14 and 15 age gr¢•ups went undeféatéd In the county cups to be Irowned champion5 ènd the 13$ ènd 155 were e4u¥lly $ucces$ful in the 75 version of the garne. Three pupils made th¢ Newcastl¢ Falcons Academy. two pupils represented Durham County And IJ btys were selected to the En8land Rugby DevéloplnÈ Player Programme er¢up. 23 Netball We said the 202112022 season was the m05t 5ucces5fv1 ever... but thls was superseded agaln In 202212023 wlth some amèiln8 results. The S5sters in Sport Cup brought conslstency as the U14. 15 and 16 side5 finished in the top 16 nationally whi15t the U12 and 13s reached the last 8. Th¢ best wa5 tts wmè as the UndÈr 16$ hnlshed a record 13th place In the Natlonal khwls Fina15 in Pet¢rborou8h whi15t the U145 went on an incredible run of wlns to secure 4th place- that Is- the 4th best ièam In the country. What was wen rnor• Impresslvè was the fact that the vast tnajority of the tearn are a year young and get to compete in the same comFetltion thls year, ￿ watch thls spacel It was great t¢ a¢kntrwkd8e more outstandlngrepresentstlvehonc*ursasthrEe pupi1SWEfE 5elerted to lorthelrcountrie5aTrJ two pupilswere Selected to the L¢edsA1 I I l!1( Cros5 Countryand Athletlcs The Scho¢l's ¢ros$ country championshlps t¢ok place in November after selectins tearn5 throu4h the inter-hDU5e competitlcns, we dld èmazlngly well at rh¢ 5teckton Champlonshlps wlth ALL of our teèms wlnnln8 thelr age 8roup competStlons for boys and 8lrl* Th15 is omaiing when one con5ider5 the number ol runner5 we get to select from cornparfrd to 50meof the local large state schools. 16 runn¢rs were s¢letted to run at d15trict level 6 of these pro8re¥sed to the regional race to compete for the County. Two of our athlete5 (Sable AnderscnlAtsushS Yama8u¢hll pr¢du¢¢d an outStandln8 fun and quèllfiéd for the En8ll$h Schools, National Champlonshlps in Kent. In Track & Field AthletiC5, our Under 13 and boys and g1rls ￿3¢hed thp Stockton Lea8ue Finals after comfortably wlnnln8 thilr group, and whllst nol qult¢ a5 6UtC855ful 35 last year, both teamsfinishedèeredlble secgnd a8ain5t muih bi8ueT 51hool5. Cricket Thp girls have played more crltket than any other season pr8vlously, now fieldlne 4 ttlms in the Under 13 dlstrlct leaeue and 3 in the Under IS v¢rsion.ThE m05t notable su¢¢ess¢swerethe U125 performingatthe St Peter's Superas and the U13 teamreAchlng the reglonal ¢rl¢ket final5. The boys, 5¢nlor team played more frlendly roaiehes than tver before and It wa$ 8￿8t to welcome back the MCC and Yorkshire & NE 40 Clu oppwltlon that are now%¢cured as è permanentfixture. Our 1st and 4th Year teams have both progr¢ss¢d t¢ the seml4nals ol their ceunty cups whleh arèstillyetto beplaytd. whllsttheUI55TeachEd thE semi finalsatthe Bradford Gramrnar 6.a5ide Fe5tlval. A big number ¢f pl•vers are now playiiig the sport •t a represen¢atlv¢ ￿Ve1 with 16 pup115 reprB5entln8Cleveland, Yorkshire or Durhamcountle Two more puplls are also Involved In PErfv)rtnance pathwaysforDurham & North YorkshSre. 24 Swlmmin For the first time, the schDoI took pupils who swlm suc¢essfully outslde ol school afid competed at the Natlonal Flnal$ at th¢ Lond¢n Aquètic Centre, All throè Of tsur teams qualified, and the Intermedlate bDVS tegm finlshed 22nd In the medley relty_ The senlor Elrl$' Ireestyle rélayteam finlshed 2*Sth. The slr¢nge5t performances came from the senior boy5 who finished Ilth in the medley relay and 10th in the freestyle rel•v, competln8 In thfrfinal. i•1 11 Rowin Thp Tyne News Year'5 Head started 2023 very su¢ce$$lully with 4 wins In a v)riety of c8te8ories. Some of our Senior athlete5 went to the GB Easter training ¢)mp at 805ton', students made It through the early assessrnent but dldn't pro8re¥ furthÈr. The boat ¢lub held Its annual Easter trainlng camp at the Nottin8harn National Water Board Centre. which wa5 promptly followed bythe Junior Regionzl Regatta where Yèrm made up the majorlty of th• Ytsrk$hS￿ tearn. The m05t prestl8lous lecal re8ètta has to be Durham. All OUT crews perforrned Incredlbly well wlth 5tver•lwin50vertheweekond andth¢%¢nior¢r¢ws b¢atlng¢lder opp¢sltlon from the Ilkes of Leeds, Durham and New¢•stle Unlversities. At the Henley Womon's Regatta. thecoxed 4 produced a stunnlns timetrialtoqualify for the top 8 in theevent and in the Strathclyde Park Junlor Brit15h ChaTnpion5hip5, two students combined In • d¢yble scull and made th¢ J18 A Flnal. Our elrls )18 coxles$ 4 finlshed lust outside of the medals in 4th place.. a very crediblefinlsh. Illll lil 25 Reserves I£veland Pollcy, andFlnandalVlab511ty A rAn8e Df 8onorlc tontrolg ar@ In plaeÉ In order to mlnlmlsè routlne oppratirjnal ri5L5uch a5.. Oetalled terms of referen¢e •nd formal ￿end*S For all Board committees and activity.. StrateBiC developrnent plannln8,which 15 reviewed annually., Ornpr¢he￿lve budgetln8and a¢tountlnA', Clearand establlihed tsr8anlsatlonal %tructurésand reptsrlln6'. Fom)èl written pDlicie5, Wlth IlEar 6uthoii5ation and approval levels.. Cornprehensive vettins precedures required by law for the prote¢iionof vulnerable gr¥up5 The School's reserve policy 55 to m•lntain $ufficient unrestricted Income reserves to enable it t¢ meet Its shurt-term financial ob15gatlon5 in the event of an unexpected rovenuo shortfall. Internal f¥ndlng wlll cont5nue to be accumulated In orderto further develop the $chool'5 facS1ities whilst maintaininz funds to me¢t the d8v to day worklng cjpltal requlrements. The School's total reserves of £42m At theyear*nd In¢lud¢r¢strictedfunds otÈ102k. Pupll numbers contlntsè to be hl8h and interest in September 2024 start 15 5tron& The Prep khool ¢ontinuestO 5eehiyh levels Df demand for place5 throughout the %hool. Debt leve15 remain low and are ¢ausin8 no concerns. Scenario plannln8 exercise5 contlnue to be undertaken re8ular5y looking 3t pupll nurnber chan8es, posslble fee 5ncreases and salary co$t5 giying confidence that thls èntlvsis and the level of cash reserves$htsw thecharitycan meet hnanclal obllgatlons as they fall due. Havln8 r¢#èrd to the above, the Directors belie¥e It approprlèteto contlnue to adopt the 80in8corfem ba515of actounting in weparingthefinanci41 st&tement9. The School sets occasional donatlons from parents but dot£ not undertake 51gnlficant fundr8lslnE from the publlc and doe$ not Use coTrmercial participator. Fundrai5inB in£ome come5 from actSvltles run by the s¢ho01 su¢h as hollday ¢lubs and the hlrlns out of the auditorium. There istherelore no ￿gulatOrysChernelo betollaw¢d. N¢ complaSnts have ￿enfectIVqd abDUt tyJrfundra151n8 prartSces Prlndpal Rtsks 8ndUn￿rtaIntle8 The Sehix)I'$ ¢urr¢nt d￿lopment plan 1$ keptunder re8ular revlew by the 5enlor Management Team, for oerlodlcal submlssl¢n to Ihe Governin¥ Body. The prim8ry future plans for Yarm School •r¢ ¥et cut in the Development Plan. and include a nurnb2r of Issues whl¢h re influenced by the national education a￿enda over which the S¢hool ha5 mlnlmal Influence. such as ¢urrlculurn reviews at A Iwl and GCSE. The School Is a150 en￿ged In an on8oln8 cycle of Self. revlew for Subject Dep4rtments, welfare and pastoral support, in addition to re-development of the Preparatory School and improvements of our sports and academic facilities on the Senlor Sthoolslte. Th* Btslrd ¢on51ders the malTr areas of th• School's optrat5ons and r*gul•rly revlews thtr rnaln risks in each ot the$e as assessed bv thesenlor Man4gernentToam uslng spÈclfied Èscalatitn crlterlÈ. In the opinion of the Dlrectors, the khocl has establlshed resources and reviewed systems, whlch, under normèl conditions. should èllow these ri5k5 to bE miti¥ated to an a¢ceptablE kvel in Its d3Y-torfl3y operation5. The Gov¢rnln8 Body con5ider5 the ec¢nomlc rurbul¢n¢e lrt re¢¢nt years, pglltlcal uncertalnty and possible chanEes to arranEement5 r¥ard5ng VAT or Buslness Rate5 and the affordability of fees by parents acr055 the Independent sector to b? the major risk5 faced by the School, alon8slde the more rec¢ntthreat5 of economicuncert3lnty and Itseffects on our parent5. The School wlll not devlate from Its educatlonal obl¢rtlve$, almi to cor*tinually irnprove the experience tor our puplls, supp¢rtln8 thelr 3cademic development and succe55 In publlc examlnatSons whllst further devel¢pin¥ the extra"¢urrScular QPPDrtunitie5 avall)bletothem. Other key risks include the loss of key per50Dnel from the ExecutiVE Team and, whlle unlikely. the potent131 for incidents (health and safety, child protection etcl which stand to Impa¢t on employEes. puplls and affect thewider reputation of the Sehotsl.The malor r15k5 are rtvlew$d annually by the Governors through the Compllan¢e Cornmltt¢e. lollowing re¢ommendation5 from the Sefilor Man•£¢m¢nt T¢arn. The recommendations from the Compliance Commltt¢¢ r¢8•rdin8 rl$k rnanagement are then e5ca13ted annuallv to the Maln 80)rd for auth¢ri$?tlon. On a day to d4y basis. the breadth of actlvlties and a$g¢clated risks 8re managed by careful planning and risk asse55ment. Rlsk assessments are monitor2d bythe Health and ￿fety Coordinator. the Estate5 Mènager and the Deputy Headmaster, as appropriate. A Health and Saftsty Commlt¢e¢, which compri5e5 key teaching and adm5nlstr•tive staff takes place oncEatErm, The School wlll contlnue to allocate funds to ¢xt¢nd th• avaSlab511ty ol places to those who would benefit trom educ8tlon the School but who latk the financial 3bility to afford the fees. It remalns Dmmitted tp ?nBaKinB Wlth and providinB benefit to the local ¢ommunitythrouBh a ran$eof initlative5, pfoiECt53ndevents. The developmént of the Schwl'5 facllltle5 wlll contlnue ¢0 prowde an enylrcnment thatwlllenceurèEe 8nd support wpildevel?pment. by continuingworkon botheducationaland sportlng f8cllltles. 26 FINANCIAL SUMMARY During the year the consolld)ted net surplus of the School from unrestricted funds was £816k. A5 a result the School's unrestricted funds Sfewto£42m. Fee.5UPPOrt avallable to assist f•milies 5truBBling with the effects of the current economlc turbulence remained in place. General bursary support remained cons5stent over 50 pupi15 to attend thp school who would not otherwise beable toattend. The Prep School bulldlng prolert continued duriTh8 the year with the new dining hall and performance space algn8 With a new reieption, library and tE#thin8 facilltle5 well underway by the end Df thE acadetnic year. Thi5 projed 15 dueforcompletiondurlng theAutumnTerfft 2023. 2022123 Capltal Spend Investrnents infacilities Includin8a majer llbraryr￿urb1Shmenl a new5clence lab, repl4¢Ement IT Equip￿￿￿tand the contlnuatlon of constructiollgf ¥ new teachinB ond re￿ptIoTrb1ockfor the Prep School. £5.4m 2022/23 Surplus to be resnve5ted In metln8thÈ alms and oblectlve50f the school. £0.8m YI-4. 2022123 Income £14.6m Over 11(KJpuplbfroM 3 to 18 years old. 2021-2026 Illl . Ik £15 million Capital programme to Improve and developfacillties acr055thE Prepschool. Seniorschool and sportsfacllltles 27 Economic Impact Yarm School supports in excess of 230 jobs. whlrn? will be received and the amount of incorne receivable can be rnea5ured reliably. F￿$ CDnsiJl ol ehargey bllled lor the year after deduetlng gcholorshlps, bursartes and allowanees, 8ursary, gcholorshlp and allowance deducdons are Included in the pertod for which the awa￿ 18 glven and are treated 8S 8 reductlon of th8 fees to whlch they relate. Donallons recelved for the g&n8ral purposes ol the School are Includ8d In unrestrfcte¢J fund$. Don8Uon$ for aclivili9s restricted by the wishes ol the donor are taken to restricted funds. Gr•nt$ received for a specific purpose are taken to restricted funds. Trading income includes incom8 from p•rformanc•s in the auditorlurn, audltorium hiro, bar sal•s and the Sale o15chool uniformg and other goods in the school shop. Investment Income Is recognlsed on an accru813 baslg. 2A Expendlture Expendlture Is ret￿nised once there Is 8 legal or construetlve obll9atlon to tr8ngfer economlc nefil to È thlrd paty, It Is probable th8t 8 IranBfer of econom[¢ benefits ￿11 be rèquI￿d In setllement and th¢ arnounl of th* otligalion eon b• rn•8$urod r•liobly. Costs ol r¥l$lng fund¥ aro coJt8 incurr*d in ¥ttr•cling voluntary in¢om•. and thosa In¢urr•d in trading a¢Uvlt¥fr8 that rai¥g fun¢J$. Chadtablg a¢tlvRie$ gre ¢o$18 In¢urr&d un Ihtr School'¥ &ilu¢aliono1 opgralions, Induding $upport ¢o$l¥ and c0515 relatr.ng to the 9overnance ol the School and allocated on a specific basis. 2.S Fund accountlng Ceneraj lunds are un￿strICted funds whleh avallAble for use at thè discr8llon of the Dlreciors Sn furtherance of the general oblectlves of the Sehool and which have not been designated for other purposes. D•slgnAt•d fvnds ¢omprlso unr•$trlcted fund8 that have bèen sttt 8$lde by thè Dlrètttor8 ￿r particular purw*¥. Th• ¥im ¥nd ustr ol •a¢h d•$ign¥ted fund 1$ ¥¢t out in Ihtr notes to Ihe fin¥ntyal $latern8nt8. R8Btrlcted funds are funds whl¢h are to be used In a¢cor4ance vllh specll¢ r9strfc￿0ns Impos9d by dDnor5 or which have been raised by the School lor particular purposes. The costs ol raising and adminl$lerfng such lunds are charged agalnst the specbfic fund. The aim and u$e of oach reslricled nd 15 set cut in the notes to the financial statements. Pagg 42 YARM SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE Y&4R ENDED 31 AUGUST 2023 ACCOUNTING POUCIES ICONTINUEDI 2.6 Advance foes gch•m• The School glve$ pJr#nl$ thè opportunlty to pay tèe8 In Advance. A dlseount Is allowed when C81culallng the adv8nce p8yment$ to reflect the inlere$l thlch can be earned by the School. Fees for fulurts yèars are ests"rnated when the advanco fee 13 c•lcul•t8d #nd #ny dlffer¢ncè then actual f¢tr lov013 are known is chaigeijlciediled lo parenl¥' main awounl. 2.7 Tanpibte fixod assets and dgprBclatlon Expendllure on the acqulgltlon, construction or enhancement of land and buildings costin9 rnoie Ihan £1 k ttsgÈther wllh vèhlclÈs, furnllurè, ma¢hlnery, ICT inlraslructure and other aquipment coGllng more than £1 k a￿ eapltalised and earrled in the balance sheet at hlslorlcal cost. In the case of a 18rgÈ eaplt81 scheme costlng In excess 01 £1k all 8mounts relatln9 to thi$ ￿￿11 be capltallsÈd evén If IndSvidual Elèm$ •r& below £1k. In certaln clreuMs￿nces, where the or4g¢nal costs of assets are not ascert81n8ble, g r&?sonablg eglimate of the cost, K m8t8rial. has been used. Depreciation i¥ Charged $0 a¥ 10 9110¢81¥ the ￿81 of tanglbl¢ flxed 888ets tsss Ihelr re8ldu•l valu8 ov$r their estimated u$?ful lives, on the lollowng ba￿8.. New buildings Playing fields developrnenl costs Freehold propertSes Buildlng lrnprovèmÈnl9. extensions Motor vehl¢bB Flxture$ and ffttingg 1% lo 2.5% p8r annurn 10%6 per annurn 4Qk per Bnnum 2Qk to 10% pèr annurn 20% per annum 20% 133% per annum Depr¢¢l•tson 1$ n01 ¢h•rg¥d in th* firnl 12 month$ ¢f trwnfjrjhlp. 2A Inv•$tsnont1 Fixgd asset inv8stmants are a form of financial instrurnent and are initially ro¢ogni$8d at their Iran¥aGliori ¢051 and Subsequently measured al fair value al th¢ B)lance $h••t date, unle$¥ the value cannot be rneasured reliably ln which case it 15 mea6uTed al cost less irnpairm¢ni. Inv¥stment gain5 and losses, whether realised or unreali5ed, are cornbined and preoented a¥ 'Galn¥llLos¥e¥l on inv•stments' in tha Con801idated statement of financial activities. 2.9 stock• stctckA #r8 valued at thg lower ol eo8t and n•t It81188ble ¥8lue aftèr mAkIng duè allowancè for obsol*le 310￿movIng stock3. 2.10 O•btonb Trade and other debtors are recognised al the settlement amount after any Ifade di3cuunl offered. Prepayments are vAlued al the amount prepald nel 018ny trade dlscounts due. P3g• 43 YARM SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 ACCOUNTING POUCIES ICONTINUEDI 2.11 Ca•h at bank and In hand Cash at bgnk and in hand indud¢8 ¢8$h gnd st￿rt-terM hlgNy Ilquld Inveslmenls Yl¢h 8 8hprt m8turlty ol thr8e months or less frorn Ihe date o* acqulsiilon OT opening ol the deposll or similar 8¢¢ounL 2.12 Liabilitl•s and provSslong abilities are reeoynlsed when the￿ Is an obllgalion al the bolance sheet dale Bs a result of B past event, 11 1$ probable that a tr8nsfer ol e¢onomlt benèfit wlll bè rèqulrèd In settlement, and the amount of the settlement can be estlmaled rellably. Llabllltle$ 8r? rocogni$gd at th¢ amDunl ihai th¢ $¢hool 8nti¢lpal&$ It wlll pay to settle the debt or the amount It ha$ rocbivod 08 adv8n¢8d paym8nt$ for the goods or services it musl provlde, Provision¥ ?r9 measured at the be51 eslimgle ul the amgunls lgquited to sèttle the pblig81ion. Wher th¢ ?ffect ol the timg value ol money 15 matarial. the provision is based on the present value of those amount$. discounted al the pr**lax discount rale that reflec1¥ th¥ ri¥ks ¥perific lo thtr liability. The unwnding of th8 dSscount Is rncognised In the Consolidatod 6tatern8nt of financial activili•s as 2.13 Flnanclal Instruments The group onty has flnanclal 853els and flnanclal liabilities of a kind that qualify as basic financial instruments. B8$lc flnanttlal INstrument$ Ér8 Inltlally rÈco9n19èd at transadon vAluè and subsequently measured at thelr settlement value ￿th the exception ol bonk loans whlch Are sub8èquenUy measured a18mortl$ed cost uBing the eff￿lIve Int¢rd&t mètt)od, 114 P•h•lon8 The Schogl Ggnlribule¥ Ip IhB TpaGheis' Pension Scheme al 1019¥ 891 by th& S¢hemo Aduary and advi$?d lo the Directors by the Scherne Administrator. The scheme 15 a rnulti employer pension scheme. and it is nut po85ible to identify assets and Ilabililie$ ol the scheme whlch are attributable lo the Schoollsee note 311. In a¢GordariGe with FRS 102 therefore the scheme is accounted for as a defined contribution scheme. In addition the Sehocl operates defined contribution schemes for non-teactting Staff. Corilribution5 to both 5cheme5 are chargèd to thè SOFA Aa tray bÈctsm8 payablè In a¢cordAnco wlth th• sch•m• rul•s. Page 44 YARM 8CHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 INCOME FROM DONATIONS AND GRANTS Unro8trl¢ted R•otrl¢t•d fund• funds 2023 2023 £000 £000 Total fundB 2023 £000 Totgl funds 2022 £000 Donatlon$ 38 28 To1812022 28 28 INCOME FROM CHARITABLE ACTIVITIES Unr•strlct•d R•gtrlcted fund8 funds 2023 2023 £000 £000 Total funds 2023 £000 Total runds 2022 School fee8 Other eduealltsnal income Other ancillary income 14,600 360 1,184 14,600 365 1,184 13,751 175 7.079 Is 16,134 15 16.149 15,005 Total 2022 15,005 15,005 SCHOOL FEES school faès eursaries, 5cholorshlp3 and Allowances 15,658 11,0581 14,721 1970) 14,600 13. 751 Seholar¥hip¥ and bur3arie8 of £607k were award?d to 95 pupil812022," £565k lo 101 pupil$l. Page 45 YARM SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 4b. OTHER EDUCATIONAL INCOME Reglstrotlon, èxirn fees and fees In Ileu After school activities and sundry 195 170 Isj J6S 17J 4¢. OTHER ANCILLARY INGOME Catertng Bus in¢om 786 293 341 1.1B4 I,OT9 TRADING ACTNITIES Unr?¥tri¢tgd R•$tri¢tgd funds funds Totsl fund$ Totsl fvnd¥ 2023 2023 2023 2022 Charity trading incorn• Unlform $gles AudltorSum and Ickel $al88 Hollday $¢hoolb Hirings Other audllarfum galeg Sub total 17 1.196 01 34 17 1,190 51 15 23 58 27 34 Charity tradlng expengeg Holiday sthool expend￿Ure Gro$s box offi¢e Unifomi costs R*lreshmenl costs Staff co¥ts PRS Foes Sub total Net l¢xp•ndilurelfincome from Ifading 8CtSvlti88 56 876 876 325 75 325 425 547 76 Page 48 YARM SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 INVESTMENT INCOME Unr•¥trictod funds 202J £000 Totsl fund8 2023 £000 Tol•l runds 2022 £000 0￿1￿￿nd received Bank Interest received 92 198 92 20 198 2a 290 290 48 Total 2022 48 48 OTHER INCOMING RESOURCES Unmtri¢i•d fund¥ 2023 £000 Total fundy 202J £000 Tolal runds 2022 Surplus on sale 01 ¥$$•1¥ Total 2022 Page 47 YARM SCHOOL NOTES TO THE FINANCIAL 3TATEMENT8 FOR THE YEAR ENDEO 31 AUGUST 2023 ANALYSIS OF EXPENDITURE BY EXPENDITURE TYPE Staff costs D•pr•clatlon Oth•r COBts 2023 2023 2023 £DOO £000 £000 Total 2023 £000 Total 2022 £000 623 321 547 Loan breakage fee Costs ol raising ￿ndS 568 1,342 TrodSng co$ts 75 1.267 Cogts of rnljlng funds TaaGhlng Welfar Piemi¥¥? 1.836 1.910 1,491 8,433 1.009 1.267 95S 881 421 10.709 961 1.850 1.240 10,262 856 1,583 954 706 681 263 138 Support Gharftable 8CtJvlll•$ 9,820 1.416 3,524 14760 13,635 Gov•Tnan¢e 10 Total 2023 9,595 1.416 5,368 16,070 15.136 Total 2022 9,150 1,373 3,990 14,S13 RAISING FUNDS Unr•¥trlct•d funds 2023 £000 Total funds 2023 £000 funds 2022 Bank interest pald Bad debt Trading cosis Inot• 51 537 31 1,342 537 31 1,342 286 35 54T Totsl 2023 1,910 1.910 868 Total 2022 868 Pag? 48 YARM SCHOOL NOTES TO THE FINANCIAL 8TATEMENT8 FOR THE YEAR ENDED 31 AUGUST 2023 10. CHARITABLE ACTIVITY Unr•strict•d R￿t￿cl•d lund# fund¥ 20Z3 202J £000 £000 Totol fund¥ 2023 £000 Toljl funds 2022 £000 Teaching Welfarv Premi¥e$ Support Gov8man¢8 10,709 10,709 961 1,850 10,262 858 1,563 954 io 1,850 1,240 Total 2023 14,769 14,769 12,645 To1812022 13,642 13,645 11. GOVERNANCE CO8T8 Unr•$trf¢t•d furtd$ 2023 £000 Total lundg 2023 eooo Tot•1 runds 2022 £000 Audltors, remuntrration 10 Totsl 2023 io Total 2022 io io 12. NET MOVEMENT IN FUND3 2023 EOOO 2022 Eooo Net movtrment in funds Capital expendltu 970 15,4361 397 {2,285J 14,4601 11,8941 Page 49 YARM SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 13. AUDITORS, REMUNERATION 2023 £000 2022 £000 Fee$ payable lo the School's auditor forthe audll C*1 the School's annual *ecounl$ 7Q Fèes payable to the School's 3uditor In r?8pe¢l of,. All laxalion advlsory servlces not Included above 14. 8TAFF C08T8 Group 2023 £000 Group 2022 £000 School 2023 £000 School 2022 £000 Wag¢$ ¥nd ￿lar1e3 Soclal securlty eosts Pen$lJn ¢o$t8 7.667 796 1,442 7,C176 726 1,348 7,582 796 T,Q16 726 1,348 1,442 9.895 9, 150 9,820 9,090 The aveTage number of persons employed by th• Sthool durfng th• year was as lollows.. Oroup 2023 fri Group 2022 No. 8chool 2023 No. Schtjol 2022 No. Edu¢atlon Prgrni5e$ Support 171 182 36 20 171 38 22 182 36 14 33 242 238 231 232 The av•rag• h•AdcDtJnt •Kpressad as full-timo oquivalents wa¥.. Group 2023 No. Group 2022 Nts. School 2023 No. Sohool 2022 No. Educal¢on Premlges Support 1S1 25 17 150 23 77 150 23 14 2S 14 193 190 190 787 Page 50 YARM 8GHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 14 STAFF COSTS ICONTINUEDI The number of employees whoge ernployee beneffts (excluding employer p¢n¥ion co¥l$l exceeded £80,000 wa$.. Group 1023 No. Group 2022 No, In the bNnd £60,001- £7D,OOQ In the band £70,001 £80,000 In the band £80.001- £90,000 In the band £130,001- £140,000 In the band £140,001- £150,000 Contrfbutions were paid lo the T?atheffs Pension Sch•me for the higher paid ¢rnpk>ye*¥. Ind•mnity insurance is paid in resperl ol the OiTeclors.11 is not Possibl? lo quantify the premiurn paid as il a Included in ihe S¢hods publlc liabi1Sty prernium. Total remuneration pald lo key management personnel was £606k12022.' £475kl. 15. DIRECTOR8, REMUNERATION AND EXPENSE8 During the year. no Dlrectors received any remuneraJon or oller beneflts12022- £NIL), During thè year ¢nd6d 31 Augu¥t 2023, no Dlr$¢ttsr exp¢n8&8 h•v¢ been Incurred (2022- £NIL). Page 51 YARM SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGU8T 2023 TANGIBLE FIXED A88ET8 Group and Scttool Fr••hold propoty EQOO Motor Flxtur•g and v•hlclg8 ttlng$ £000 £000 Totsl £000 Coyt or valu•tion Al 1 S8pt8mbèr 2022 AddStlons Dlspo8BI$ 45.234 5,0ts2 343 5,692 374 12001 61,169 5,438 12011 AI 31 August 2023 SO.295 343 5,766 56,404 O•pr•cla￿on Al 1 Sapt•rnber 2022 harge for the year On dlspo$•ls 6.937 1.038 291 26 4.644 3S3 12001 11,872 1.416 1200} At 31 August 2023 7,978 316 4,797 13.088 N•t book value At 31 Au9¢J$l 2023 42.320 27 989 43.316 At 37 August 2022 38,297 52 948 39,297 All a89015 are used for charitable purp05eS. Included in land and buSldSngs Is freehold land at ¢c$t of £2,914k 12022: £2,914kl vthl¢h 1$ not d?preciat•d. Page 52 YARM SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 17. PRINCIPAL SUBSIDIARIE8 Y8mi S¢hool TradSn9 Llmiled SuL>8idlary name Company reglstrallon numbèr Basi5 of control Equity shareholdlng % Totsl 053els a$ al 31 Augu512023 Total liabilili8$ a$ at 31 August 2023 Tot•1 equity as at 31 August 2023 Tumov¥r for the year ended 31 Au9USt 2023 ExpendSture forlhe year ended 31 August 2023 Profft for th8 year onded 31 Augu$l 2023 Yaim S¢hg01 Tradlng Limited 04436078 Sh0￿h01d1n9 100% 413.880 1403,8111 9,889 1,338,422 11,2Q8,3801 127,042 The regisloied office of Yarm Schoul Trading Lirnited is.. Yèrm Scho The Frl•rige Y8rm TS15 9EJ 18. FIXED ASSET INVESTMENTS U8t•d InvO¥lm•nts Group and School £000 Valuotlon Al 1 September 2022 Revaluallons 3,839 11531 At 31 August 2023 3,688 19. STOCK8 Group 2023 £000 24 Group 2022 £000 30 SGhool 2023 £000 12 School 2022 Stock for regalÈ 14 Page $3 YARM SCHOOL NOTES TOTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 2Q. DEBTORS Group 2023 EOOO Group 2022 £000 School 2023 £000 s¢1￿01 2022 £CtOO Du• wllhln on• yèar Trade debtC¢r8 Ampunls owed by grtsup undertèkSng9 Other debtor$ F*¢ deblorB Prepayments and a¢¢rued Sn¢om¥ 14 76 116 13 111 331 13 53 785 53 177 350 488 258 571 242 21. CURRENT ASSET INVESTMENTS Group 2023 £000 13 3,27J Group 2022 School 2023 £000 13 3,276 School 2022 £000 72 4,815 Ll8teU Investments Deposlt account$ 12 4,615 3,28J 4,627 3,288 4,627 The m8rk¥t value of the current asset li81ed inveylmerits at 31 Augu812023 £13k12022.. 12k) Pag• $4 YARM SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 22. CREDITORS: AMOUNTS FALLING DUE WtrHIN ONE YEAR Group 2023 £000 Group 22 £000 8¢hool 2023 £000 School 2022 Bank bans Trade credil¢i$ Other laxallon and soclal seeurSty Developmoni bonds F•es in advance of term othèr ¢redltors Deposited f•eG Acceptance depo$it$ Tradlng Iricome In advanr 11 387 202 11B 347 iao 304 797 311 199 195 2,168 1,188 37 28 217 1,929 978 35 30 2.168 1.134 37 1,929 969 35 153 4,323 3.823 4036 3,646 Other credltors Include pension eontrlbutlons payable of £145k12022'. £138kl The development bonds m•y be redeemed at the end of any School year. Page SS YARM SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 23. CREDITORS: AMOUNTS FALUNG DUE AFTER MORE THAN ONE YEAR Group 2023 £000 Gmup 2022 £000 School 2023 eooo S¢hool 2022 £000 Bank loans Other creditors AGcrua19 and deferrgd in¢om• 7,923 8,077 270 7,023 261 23 8.Q77 270 23 75 15 8,214 8,362 8,214 8,362 rhe aggreg*e amount of Ilablll￿eS payable or repayable wholly or In part more than 1Sve years after the reporting dale 15.. Group 2023 £000 Croup 2022 school 2023 £000 School 2022 £000 Payable or repayable by InJtolm¢At¥ 7,231 7, 185 7,231 7, 165 7,231 7. 165 7,231 7, 165 At thè ye¥r end th& loan facllty 16 £17.5m to part-finance the tjevelopmenl of the School bulldlngs and facIll￿e1. 8nd is repayable over a total of 25 years. Th¢ bank luan is secured by a legal charge over the freehold property at Grammar School Lane, The Spllal &nd Th¢ F¥iarage, Yarm. The Ipt#l loanls spIII Into tsvo p8rt$. Thè flr$l15 8 term 108n over 25 ye8Ts ￿th Intere91 charged 8t 2.2S% ov¥r base rate. The second is a 10 Year Commltted Faclllty structure(S by way of 5 year RevalvSng Credll Facility IRCFI lo ollow for development drawdowns. thlg 1$ converted to an amorb'glng Loan lor th• remaining S years based on 8 20 yexr repAymtsnt profilg. Page 56 YARM SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 24. ADVANCE FEE PAYMENYS Partnls may ent8r into a contraci to mak8 a d8posil to pay fae5 in advance. The money may be return8d subjfjcl Ip 8p8cthc condition8. A85urning puplls remaln ¥￿th the School, deposlled fees ￿11 be appled as follows.. 2023 £000 2022 £000 vvithln fvjo to flve y8ars Within one to years Within one year 23 37 15 35 60 2023 £000 2022 The mov•m•nt8 durfng the y•ar wor•., Balance at 1 Septembgr 2022 N•w receipts of deposlted fees Dlscounts accrued to contracts Amounts utilis•d on léas to th• Schod fjo 48 44 1471 (42J Balaneo #t 31 August 2023 80 30 25. ACGEPTANCE DEPOSITS Our credllors Snelud• 8ccgptsnc8 d•po$lt8 whl¢h are rèpayable as follow6.. 2023 £000 2022 £otso W￿h1n to five years Within one lo ￿ yearg Wfthln ono y8ar 151 114 30 260 288 295 Pag8 57 YARM SCHOOL NOTES TO THE FINANCIAL 8TATEMENT8 FOR THE YEAR ENDED 31 AUGUST 2023 26. STATEMENT OF FUNDS 8TATEMENT OF FUNDS- CURRENT YEAR Balancg at 1 8eptgmber 2022 £000 Balanc• at 08in$l 31 AuBu•t ILoss•81 2023 £000 £000 Tr¥n¥fgr¥ Inloul £000 InGom• Ex￿ndit￿ra £000 £000 Unrn$trfGted funds D•8ignat•d fund8 H•rd$hip Fund 10 1331 23 Gan•r#l funds General Fund$ Fre&hol Propety Fair Value 32,697 17.854 116,6481 1S7 12151 33.845 11B31 6.281 39,141 17,854 118,6481 1261 12151 40,106 Total Unrostrlctsd fund$ 39,151 17,B21 116,6481 (31 12151 40,106 Rgstrlet•d fund5 Capital •quipmenl Educatlonal Trtps fund Development and rèsources fvnd Bursary Irlp$ & hardship fund F8¢111ties Early y8ars Glfted and Talented Capital equlprnenl Hordihlp 27 io 37 1J 10 12 60 35 12 1541 $4 141 131 P•90 $8 YARM SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 26. STATEMENT OF FUNDS (CONTINUED STATEMENT OF FUNDS- CURRENT YEAR IcontSnu•dl Balan¢• at I S•ptsmb8r 2022 £000 Balance at Galn$l 31 AugU&t (Losses) 2023 £000 £000 Tr•ftsfers Inlout £000 In¢omo Exp•ndltur• £000 Éooo 61 1311 102 Total olfund6 39,230 17,872 116,6791 1216} 40.208 Pag? 59 YARM SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 STATEMENT OF FUNDS ICONTINUED) STATEMENT OF FUNDS- PRIOR YEAR B818nce al I September 2021 £000 5818n￿ at 31 Augvsl 2022 £000 Transfers In/oul £000 In¢omo Exp¢ndllurn £000 Unrostrl¢tod fund8 Deslynat•d fund$ Hardship Fund SQ (40J io General funds General Fundg- all funds Freehold Proporty Fair Value 32,085 6,625 15,779 (75, 132) {187J 32,697 6,444 38,71Q 15,719 fYJ,132J (181? 39, 141 Total Unr•*trlti•d lund¥ 38,78Q 15,679 (15,132) 1181) 39, 151 Rèstrictsd funds F8cilltle8 Early year5 Glfted and Talent¢d Capltal equipm8nl Hardshlp (31 54 25 79 28 79 Total of funds 38,839 15, 707 (15, 135) (181) 39,230 Page 60 YARM SCHOOL NOTE8 TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 20. STATEMENT OF FUNDS ICONTINUEDI STATEMENT OF FUNDS On Irangltlon to FRS 102 the Sthugl look the opport4Jnity to revalue land and buildings. This upllft went lo the falr valu8 reserve. Th8 new valua IB tr8at8d as d8emed cost In the financlAI $tatÉments, An annual transfer Is made bèwn the genÈral ￿n￿Str5etel fund and the faSr volue re$erv8 In ord¥r lo refie¢t Ihg element ot depreciation due lo thls ievaluatlon ol land and bulldlngs. Th1$ ￿$¢￿¢ ￿711 reduce over the Iwe ol the asselg concerned. The tJesi9natèd Hardshlp Fund ￿presented an amount sgt asid8 by Direrlors lo provide 43¥islance lo families as necessary followlng the Covld 19 Pandemic, during the 2022123 acadernic year theGe funds wer8 fvlly spènt. The Governor8 approved an annual Inon-rostriGleoll budget lo ￿ntinue 10 8UPPOrt urrent school familhs expFriencing significant short temi financial hardship. A consolidatlon oxeTC15e ha8 been cornpleled in the curent year in ord•r to ralionallÉe the restrlcled fund9 and combing these into headings which Match Ih09e used wlthln the management accounts. Th• Iransfer¥ ¥htswn aT• th8r8forn pr•s•ntational. The Capital Equipment Fund r8present donatlort# recelvèd 1¢ finance thtr pur¢haae of 8qulprnenl. Income ropresenls donations lowardg assets and expendMure Includes the depreeiatlon ¢harg¢d on ihe a3S¢ts lo vthich th• donallons contrlbut8d. Thg Educational Trlps lynd rÉpre8ont8 lund8 re¢8lvéd towards 8peclffc trfp8. Th• D8velopm8nt and Rèsoure*8 knnd18 for devolopmenl 8xpendStur8 or $peclflc d8partm8nl revjurces. The 8ursary and Hard8hlp lund r8pre8ent6 donat￿0￿5 made by pa￿nIS fcllltswlng the redvclion In ¥ummer term fees. Th•$* lund¥ will continue to b? used for bur8ary support (including fee support and trfpsl. 27. ANALYSIS OF NET A8SET8 BETWEEN FUND3 ANALYSIS OF NET AS8ET8 BETWEEN FUNDS . CURRENT YEAR UnMtrl¢t•d Ro$tri¢tod fund¥ fundg 2023 2023 £000 £000 Total funds 2023 £000 Tthngible fixed assets Flxed 88set investments Current a9selg CrèdStoig due wilhin one year Credltor8 due In more than onfj year 43.279 3.686 5,678 143231 18.2141 37 43,316 3,606 5,743 14,3231 18,2141 os Total 40.106 102 40,208 Page 61 YARM SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 ANALYSIS OF NET ASSETS BETWEEN FUNDS ICONTINUEDI ANALYSIS OF NET A88ET8 BETWEEN FUND8- PRIOR YEAR Unreslrrted funds 2022 Reslrlcled lunrls 2022 £000 Total Ivnds 2022 £Ot Tangible fixed 8$sel$ Flx¥d asset inveslmeThts Current a$$ets Cwdf(ors due wthin one year Creditors due In more Ih8n one ye8f 39.282 3,839 8,216 (3,823) (8,362) 15 39,297 3,839 42T9 13,823) 18,362) 64 Ttstol 39,151 79 39,230 RECONCIUATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING 28. ACTIVITIES Group 2023 £000 Group 2022 £000 Net income for the year las per Staiement of Fln8nclal Atllvlll¢sl 978 391 Adjustments lop,. Dep¥eci81ion charge5 Loss on invèstmèn15 Interest and dividends rereived Surplu5 on the Sale of fixed assets Deeraasèllln¢reasel in stock$ D•creaBellincreosel In debtors InCre85elldec￿8¥Ol in credhor Interest paid Change In mark*l value of inve3trnents 1,216 163 11981 1,376 (481 (4J 12301 568 637 68 f291J 286 181 N•t cash provldgd by op•ratlng actFvltl•A 3,030 1,953 Page 82 YARM SCHOOL NOTE8 TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 29. ANALYSIS OF CASH AND CASH EQUIVALENTS Group 2023 £000 Group 2022 £000 3,364 3. 792 Cash In hand Notice deposfts Ile$8 Ih$n 3 month81 1,177 Total cash and Cash •qulvalonts 3,120 8.556 JO. ANALYSIS OF CHANGES IN NET DEBT At1 septsmbpr At31 2022 Cash flows August 2023 £000 £000 £000 3,364 11801 18,0771 4,627 Cash at bank and In hand D•bl due within 1 year Debt due after 1 year Llquid invostmonts 11,4211 1,943 11181 17,9231 3,288 154 11,338 12661 12,5441 12,8101 31. CAPITAL COMMITMENT8 Group 2023 £000 GfDUP 2022 £000 School 2023 £000 Schgol 2022 Contr#ct•d for but not provldgd In th•s• flnAnci¥l stst•ments Acqulsllion of tangSbl8 flxgd a89•ts 1,188 S,624 1,188 5,624 32. PENSION COMMITMENTS Tht School p8rt1cipate8 in tttg Te8cheis' Pension Sch¢rne I'lhe TPS'I lor its teaching staff. The pension charge for the year includes contn'butions payable to th8 TPS of £1,322k12022.' £1,247kl and at th6 yaar. end £148k12022- £138kl wa8 accrued in respect of conlrlbutlons to thig scheme. Tho TPS 18 an unfvnded mulli.employer deflned benefits penslon scheme 9ovemed by The Teachers, P•nsions Regulalons 2010 las Amended) and The Teachers, PÈn3lon Scheme Regula￿on$ 2014 las 8rnendedl. Members conlrlbute on a "pay as you go. ba$1* with ¢Dntributsons from member$ and the trmployer bèing crèdlted to th6 Exchequer. R6Ur8ment and other penBlon benefit$ ara pald by publl fundg provlded by Partiam¢nL Page 83 YARM SCHOOL NOTES TO THE FINANCIAL 8TATEMENT8 FOR THE YEAR ENDED 31 AUGUST 2023 32. PENSION COMMITMENTS ICONTINUEDI Valuatlon of th• T•achorn' Ponslon 8¢hem• Thg gmployer contrlbution rale Is sel by th$ Secretary of State followng sch8m• valuations undèrtaken by th¢ Govemmenl Actuary's Dep8rtment. Th$ rnost recpnl actuarial valualion of the TPS was prepared a$ al 31 March 2016 and th¢ V•luat5on Report. which was published in March 2019, confirmÉd that Ihp employer corjtribudon role for the TPS would increase from 16.4% to 23.8% from 1 September 2019. Employers are al$0 required lo pay a Scheme administratlon le￿ of D.08°kn givlng • total employer conlrtbutlon rate 0123.68%. The 31 March 2016 Valuation Report was PrePa￿d In aeeordance wSlh the ben?fils s?t out in the scheme règulallons and under the approach spÉclNÈd In the Dlrectlons, as they applied 4t 5 March 2019. Howev¢r, th? a55umplions were considered and set by the D¢p?rtm?nt for Education prior to the ruling in the 'McCloudlSar9e8nt rxge.. Thls case has requir8d the court8 19 wnsider cases regardlng the Smplementalion of the 2015 refom9 to Publ1¢ S•rvl¢* Pension¥ including the Teachor8' Pensions. Th? TPS is sublect to a ¢o$t ¢ap rnechanism ￿lch was put in plac• to protact taxpayars agolnst unforeseen changes in sch8mo ¢o$ts. The Chief Secretary lo the Treasury, havlng In 2018 aftnoun¢od that there would be a rovi¥w of this cost cap rnechanism, in January 2019 announc8d a p3US• to the cost cap mechanlsm follomng the Court of Appeal'8 ruliny in the Mccloudlsargeant caye and until th¢re is ertainty about the v¥lue of pensions to employees from April 2015 onwards. The pausè wxs11ft8d In July 2020, and followlng a public cgnsuhalion in 2021 the Government have accepted three key propo¥?Is recommend¢d by the Governmenl Aciuary, and are almin9 to Implèm8nl th08e chang88 In lim• lor the 2020 valu8tton¥. Thé 2018 co8t ronlrol valualionB were completed In January 2022, and th• r•8ulrs indlcated that there would bo no changes lo benefits or mèmbèr contrlbuuons requlred. The r86uIIs of th* cost cap valuallon are not u¥tsd to sel the employer contribullon rate, and HM Tr¥g$ury h45 indicated that any changes to the employer contrIbU￿On rat8 rÉsullng from the 2020 v¥luatlon8 ￿11 tak& effect In Aprll 2024. Unl51 the 2020 valuAtidn 18 ¢ompleted tt IB not Posslble to conGlu¢Jg on 8ny financial irnpacl or future changes lo the ccnlrlbution rale$ of the TPS. Acrordingly no provision for any additional past benelt pension costs Is In¢lud8d In th8se financial ¥t4tsrnpnl5. 33. RELATED PARTY TRAN8ACTION8 The school ha$ not entered into any related party tranÈAdonÈ during the yèar, nor •rfr there any ou191andlng b81once8 owing btheen related p8rtle3 and the School ot 31 August 2023. Page 64