EFFINGHAM ST TERESA'S CRANMORE Effingham Schools Trust Annual Report and Accounts For the Year Ended 31 August 2021 Company NuTnber.' 04509623 Charity Nuinbei.: 1095103 Effiiigham Schools Trusl,Effingh8Jn,Surrey,tIH5 6ST LTr-FINGHAM SCHOOL.S TRUST GOVERYORS. RCPORT YEAR ENDED 31 AUGUST 2021 The IIeritage and Values of ffinghain Scliools Trust Tn Septembei. 2019, St. fcrcsa's Effinglian) and Craniiioir Prep Scliool forined an exeiling paitneTship and joined louethej. to create a new cntity, Effingham Schools Ti'u%t I'the'frust'l. The-frLisI bi'ings logeiher two oiit5tandiiig scliools with great lierilage and track re¢ords located close to onc another in a beallliful #i"ea of suriry. With iwo supei'b 5chuol sites siludted in the Sunry Hi115 lovei. 80 acirs) and outstanding fa¢ililies. the Tr115t 55 in the f()rluiiat¢ POSltioii of being able lo offei. ali iniiuvative rnodel of schooliiig foi. boys and gil'ls fTOln the agTe of 2 -18. Tlie new parlncrshlp has enabled the formation of co-ediicational schooliiig lor the Eai-ly Yea15 on Ilie Craninore sile, followed by sinolc scx educaiioi) up to the age of16 (boys at Ciaiiiiioie, girls at St. Tere5a'51. In 2025, Ilie exisiiiig Sixili Foiiii al St. Teresa's, will be opened lo boys with a combined co-educational Sixth form calci'ing for up lo 200 Students. The ti¢w Inodel orrer5 the academic benefits of single sex education along with the social ben¢fits that will coinc from the Inany joint activities between the two s¢hools. The besi of both worldsl espite the current difficiilties foired on the Trust by the coronavirus paiidemic the senior leadership teams are working together lo ensui¢ that the bcncfits of partnership arc bcnefitting the childien aiid sludents in our care. Boih schools have a tmdiiion of ex¢eptionftl pastoral care, barn out of IheiT Catholic foundations, which has s¢rved them well in these turbulent ¢ime5. The two Triist schools share the same values. ethos and hiyji standards, aijd with ovei. 1.000 pupils and almost £20m of asscts, the Trust is very well P￿aCed for tlie future. The Governing Body Tlie Boai'd of the Lffillgliam Sclioo15 Trust 15 Jnade up of governors previously on the Boths of eiihei. St Teresa's School oi. Cranmore School. Mi's Annette Tiii'ner {Co-ChAirl A￿ntil¢ Tui'iier became a Govei'nor of St Teresa's School in March 2014, Chair in September 2017 and ￿￿-chall. with Micliael Hendeison on I SepleIiibei' 2019. She giTrduated froni Cambridkie University having studied geography, is a Member of the Cliarteied Institute of Pei-soniiel and Developiiieiit aiid lias a Master's Degree in Pei'soiiiiel Maiiageii)eiit fiDni Kingston University. She lives in Fet¢hani and rccciitly retired as Vice Pre%ideiit, 14ll foy a US iiiiiltiijatioiial Eiigitteei-ing and Project Management company witli a Irgional office in Leaiherhtad. She lias ovci. 25 years, expcricnce iii Hiiiiiaii Resoiirces, is ati aLlive Jiieniber of the Catholic Church of EtTingh#ni and Fctcham wher¢ sh¢ is a Catcchist on the Confirn)atitsn Prograniine. She chaired the A¢ademic Comimittee unlil 2a19 and is the lead GoveTnor for Scicncc and Ca¥e¢rs eldvice. Mr Mike Henderstsii (Cts-chaii.) lieliael Hendeisoii wa5 a Govcrt]oi' af Sl Tel￿SI,S Scliool froni 2003 to 2014, a Governoi. of Ci?IllllL)T¢ School fiDiii 1994 aiid ChaTT fi-0111 2012. On Ilie foiin&tion of Ilie F.ffingham Schoo15 1 r115t in Seplenibei. 20 IC) he becaiiie C.frChaii' willi Annette Tiii'ner. l.le qualified in Londoii as ¢1 Cliclrtered Accountant in 1961 aiid joiiied small indiistrial Groiip in 196.5 laiei- iinarned Cookson Groiip PLC la FTSE 100 Compaiiyl iii 1984. He was £?Iipoinied 10 tlie Board in 1975. Maiiaging Diie¢ioi' ¢iiid then Cliiefixeciilive fiuii) 1978 diid Chairinaii aiid CEO in 1989. He has live<1 ii) East Hoislty siiice 1973 aiid is an active iiiEtnber EFFINGHAM SCHOOLS TRUS GOV£RNORSI REPUR'I. YEAR ENDL4 D JI AUGUS'f2021 Mi. Milhael Agius Mi¢hael Agius joined the Tr1151 on I September 2019 liaving bcen a govcrnor at Ci?nmore Sincc 2013. Michael Agius is a Chai'lered Engiiieer and Fellow of th¢ Institution of Civil l-'ngin¢¢rs. He startcd working with Hertfordshire Couniy Council li) 1966. rnoving to Surrey in 1974. living fir8t in Fetchani &nd then moving to Effingliam in 1978. He woi'kEd with L¢atherhead ba5cd civil engtneering consiilianls Howard HuinphreyslB&RIKBR, slayingy with ihtin iinlil he Irtired at tlie end of 2005. 20 years of this period was spent overseas, 15 years iii Taii4ania, l O yeai's as MaiiaginB Dircclor of I loward Hiimphreys Tanzania and ihen 5 years iji GireLe. as oneof three Project Maiiageis on the construction of 680 km of motorway fI￿[n ihe Adi'iatic lo Turkey. He has been an active parishioD¢r al Etringham and l et¢h#in sinte 1974. Hc was previously the Chaii. ofihe CranInoi'e l.'iiiaiice aiid General Purposes Coiiiiiiittee and is ttie Ti'ust's lead Governoi. for Caiholic eduLation. Mi'5 Heather Ilrellna kleather Br¢niian has bccii a Govemor at St Teresa's Scliool since July 2013. Slie is a retiied head teacher with over40 year%, expcrience in UK aiid Interjialional sbhools and has recently stepped down as Chaii. of tlie Board and Owiici. of a British S¢hool in Qalai. Ihar ¢Jters foi. over 1,000 pupi15. Heatlier briiigs a wealth of cxpci'ience in tcaching and %ehool rnanagemeni 10 ihe Trusl and Lliairs tht A¢adeinic aiid Staffing C.omniittcc. She is also involved in the local PaTish church. Di. Nick Clarlit Nick (:larkc joined became a governor of St Teresa's School itl January 2019. He started his career in acadeinia as a mathematician 5pe¢ialising in research in th¢ field of cotnpulalional fluid dyiiamics. for the last 25 years hc has bccrl a qiianti18tive at]81yst in the inv¢simetJt induslry. applying science and technology to Ihc art of genciating good invesimcnt retUTns while controlling risk. He lives in Guildford with hi5 wife Charlotte and their two boy5 who aTC attending Blossotn House and Ripl¢y Court, local pi'ivate school5. Mi. Simon Fisher Siinon Fisherbccame a goveimor at Craiimore in June 2019 and joined the Triiston I SeptembeT 2019. He is a hisloiy graduate fr(>m Exeter lJnivcr5ity. Simon has 15 years of experience in indepejident schools. His leacliing cai'eer began at Wycliffe College in Gloucestershire whei'e he was an assistant houstma5ter fo¥ seveii year5 aiid latterly Dii'ector of IC'I. and a member of SMT. He moved to Worth School in 201 l and was proJnot¢d to Depiity 14ead (Acadcmi¢} in 2015. He became the Headmaster of Dover Cullege in Sepleinber 2020. Mi's Aijne Vort Aiinc Fort joincd tlie TTllSt oli I Septenibei. 2019 having been a 8overiioi' at Craninoi'e for niatly yEars. Anne is the Chair of the Acc1deniic and SafegTUal'diiig Coiiijniitee willi r¢spoiisibililies as both the Special l-.diicational Nceds Governoi. and Crnniiiore Safeguardiiig Govei'tior. Sht is a nieniber olthe C.liai'ler¢d Insiiiiite of Liiigiii5t% and of the In.8titulc of Translaiion and Iiit¢rpTetiiix. After woi'kiiig foi. a large Imuliinatioiial niaiiiifa¢iiiriiig coiiipaiiy followed by a reiiisui'aiice conipdny, she has iiiii hei'owii b115iness as a fieclance translalOi- foi. the past 30 yeai-s. Sl)e is a pra¢tisiiig Cailiolic and also ali OffiLial Pri5911 Visitor. I s SAlly H*ll Sally Hall becaiiie a gjovei'noi. iii Maicli 2020. Slie is a Geogi'apliy gradiiate of. the Univeisity Df Sheffield. Ivheir She also ained lier PGCE. Sally lias Idughi in Ilie indepeiident sector foi. aliiiost 20 y¢ai-s aiid is Dcpiity Fle1c d Pastoial and DesigTnat¢d Salegiiardiiig Lead at St Cieoige s College. Sall), 1% also i)21 It of Siiri'cy'5 Schools aiid EduciL tioii Safeguarding Fcii'uin. Slie Ilves iii Weybi'idge aiid enjoys travel, ¢ookiiig.joggiiig aiid wgtching niost sports, ¢specially liei. lioiiie leHin. Wolverhiiiiiplon Wandcreis. Mrs S￿IlY HRyes Sally Haye5 became a governor of St l eresa's q¢l)ool in July 2014. She is tlie lead govcrnor for Si Teresa's Pi'ep Scliool and is a Inember of tlie Pastoral and Safcgiiaiyling Coimmittee. Slie was a Lloyd's Brokei. foi. eigliteen years before becomiiig a iiiotlier to tivin daiigliters who wcie ediicat¢d at St. Tei'csa's. She now works as a nuiBery assistdnl at a local s¢liool. She was Q'hair of the Fri¢nd8 of St. Terc5a'5 for eight year5. Slie is tlie Designated GovernoT for Cliild PIDteetion. f4fiNGHAM SCHOOiA TRUST GOVLRNURS. REPORT YLI All I,;fN'DEI D 31 AUGUST 2021 Failier AleK Hill 'I' Alex Hill becaine a governor of St T￿ESa'S School in July 2013. Hc is a mcmhei. of the PastoiTrl Coinmiltee and Saleguai-diiig Coinmitlee. H¢ 15 a Indi'ried Roinan Catholic pai'ish priesi in West Byflcet with two primary aged eliildi'en. l-le is a foTmcr Anglican ¢lei'gyniaTi who conveil¢d to Catliolicisjn 13 years ago. Fle lias a degree in primary education and a MA in Theology from I,etd5. 1-11.% intcresls ioclude Fl, .1 udoi'lstuart history and cliureh art. DI- CAthy MeMullAn Catliy Mcmiillaii juined the Tiusi on I Septcmbei. 2019 having been a gover￿l- ai Ci'atinioiE since 2009. Slie is a receiitly ieliied a GP M,ho worked iii Guildford foi. ovei. Ihirly years. Slie obtc1ined a Bsc iii pliysitslogy fnllowed by het. Inedicdl qLialificalioJis al Bristol Llnivei'sily and woi'ked iii Bristol ajid Ilieii in Kenya for several year%. Slie lake% a Close Inlere*t iii I lealili and Safety aiid cliaii's tlit Ciaiiinoi'e Healili ajid Safety Coniiiiittee. Slie has been a Iriistee and an iiivolvcd supporter of Ihe local chaTlty C.hci'ry'l re¢s, the Ir5Plte care lioin¢ foi. cliildreti with leariiing (lisability. Her two sons attcndcd Craiimoi'e. lain MorgAn lain Morgaii becaine a governor of St Teresa's School in January 2017 and since September 2018 he has ¢haired the Fijiance and Gcneral lJurpose5 Coniiijitlee. He is a Chailered Ac¢ounlant and a Chariered Enginccr with an Enginccring BA from Camhi'idge lJnivcisity. With tsv¢i' 30 years, expei'JeIice 111 Finallce he is woi'kingT as a fin&n¢e Director at an iiiternationally important Civil En8ineei'iiig contractor whcre he a150 cliairs a pension fund cotllniitlee. lain is man'ied and lives in Bookham. His 3 daughters were all educatcd at St T¢¥esa's. Mi's M#iii'een Wilkinson Maureen Wilkinson has becn a gov¢Tiior at St'l eJ'esa'5 Scliool since Decen1ber 2015. She is a member of thc Finance and Geiieral Puiposes C.nmmittec and is tlie St T¢i'tsa'5 Flealili and SAfety lead &Toveinoi'. She is a property solicitor and leads the r¢sidential Real Esiate team of DMH Slallard as a paitner iii Giiildfni'd. liavin8 previoiisly been a pailt)er ai AWB Partnership wliere sjie qualifie(l in 1989. Mi auieeii lives iji Wesi C.laiidoii aiid is a fornicr pupil of St Tei'esa's, togEtlieT Wlth lier sisleis, and is very interested in ilie development ofthe eqllesirian ¢entre having previoiisly repirsented ihe School in show jiiniping. EFFINGHAIM SCHOOLS'fRUS'r GOVEI RNOItS' IITr.POIII' YLI All EI NDI,;D 31 AUGUS1. 2021 The Goveiijors of Effinghani SLhools Ti'ust pitseiit theii. Aniiiial Ilcport and Accounts for Ilie year ended 31 August 2021 linder the Coiiipanies Act 2006 <111d Ilic C.Iiaritics Act 201 I, incliiding tlie Direct013' Repoi'l a￿rt Sti?teLliC Report linder tlie Companies A¢1 2006, thc Memorandum and Aiticlc5 of Association and the Chariiies SORP 2015. History and Constitution St Teresa's Scliool was establislied iii 1928 and ivas pieviously ()i)erated by tlie Institute of die Religious of Chi'istian lttslruclion. St Teie5a'q Scliool Effingliain Tru81 was set lip on I Septenjber 2002 dnd is a chaTltable coinpany liiMiled by giiarantee. The 'FI'LlSt was renain¢d tlie Effingliani Schools Ti'iist ot] I Sepieii)ber 2019 Si Tei'esd's Scliool mei'g¢d witli Cranmoi'e School on that datc. Cranmore School was established in 1968 as a Roinan Catholic School as part of ihe Dincese of Arundel and Brightoii Charity. In oj'dei. to better Inanage the School. it was agreed to Tnnkc Cranmorc Scliool a company liinited by &iuarantee opcratiiig as a chai'ity in its owii right on 31 * Augiisi 2011 'rhe oi'iginal Meniorandum and Articles of Association of St Tti'esa's School Etyiiigliam "l ¥usl, dated 9 Augiist 2002, liave be¢n ainended althoiigh the new Effingliani S¢liools Trust Articles of Association dated I l October 2019 are substantially the same. The Charity lias two wholly owjied subsidiaries, St Teiesa's F.iilei'pi'ises Liiiiited and C.ranmore EntClVT15es Limited, whose principal activity 15 the oiEallisation a11d niaiiageiiieiit of tli¢ coiiinier¢ial activities associated with the Tii]st. Tlie ¢oiiiiiiercidl activities pi'iinai'ily consist af the Iriital of Scliool facilities. A 5umniary of the activities of ihe subsidiarE¥5 15 outlined in note 4 of the acwunts. 'fhc ac¢ounls of the trading subsidiaries are consoli(fated willi the accounts of tlie Trust. All subsidiary profits are gift aided to thc Trust and augment the funds available for bursaries and assisted places. Objects The obje¢tg of tSie 'l'iiist are 'to 2dvaiice educatioll liy conducting any boardiiig or day school oi. s¢hools for childT¢n of tlie Roiiiaii Catholi¢ i'eligion with oi. withO￿t other Chi'i5tian or non-christian ¢hEldren, and to carry on sllch other charitabl¢ works a% advaiice the Roiman Catliolic Teligioii. Tlie Ti'u5t will encourage each pupil to rEjoice aiid do well thi￿Ugh the piirsuit of academic excellcnce across the curriculiiin and beyond; will piY)vide 51ipporl, encoiii'agement and challengc to every pupil to develop their full potential in pi'eparalion for the futuie. and i¥'ill prornote high standards of peTsonal behaviour and the developinent of moral and spiritual valiies in each pupil. Vision The TTUSi prid¢s itself on helpiiig edch stiidait to realise histhcr acadernio potential and, as a Catholi¢ s¢hool. recognises lh¢ gifts and tal¢nls of all the childieii and young peoplc.-fhereft>rc, Ilie ovcrnll perfonmgnee of tlie Tr115t is of prinie inipoitanc¢ but iiol at tlie c05t of the iiidividual pui?il. The Trust will not remove weak pupils 10 iinprove leagTiie table5 bul will work witli ¢a¢h pupil to hclp him or hei. achicve tlie best of liis oi. her capabilitses. Sibliiigs will gain akilomatic entry to iht'l rii%t and pupils in the Prep Schools will have an aiitvmatic right of entry into Ili¢ Senior Schools piDvided theii. litcracy aiid numeracy abElities eiiable tliein to access Ilie Sejiior Schools, riirriLulitms. Our schoo15 have a Catholic ethos with sirojig, cl¢aTly defit)¢d values expressing Faith, Community. Character, Con]passion and Inlellect Ihal are xtcessible to all, undcrstood by all and are livcd by all in tlie School cotnmuniry. Tlie Pastoral orgJnisalioii of tlie Scliool% is designcd to help suppart thesc values c1nd Care for each pupil as ali indiviiliial wiiliin the Scliool faiiiily. The Schnols valiie their %taff, both teaching gild siipporl, giving thein every optM)Ttunity for personal developnicnt thix>u8h training. CPD and ant]Lial assessment. Tlie Schools will be lully resourLed over tiine in biiildings, facililics and equipmeiit to provide an enviroiitnent ihdt enables delivery of Iliis visioii foi. tli¢'l'rL]5t. Thc merger with C.ranmore School to create a co-educational Diainond Model school offei's the benefits of the co-cd classroom to young pupils, the benefits of single sex in latei. prep and secondary years, bcfoi'c finally rcliiTning io co-cducation ai Sixth Foijn with shared values and CatholtL eilios. We believe that this has opened up exciting possibilities which will build on ihe vison and aLliieveiiieiils of both schools as they move fon¥ard togethcr wilh renewed ¢onfidence tu develop tlie diamond Inodel of ediication iii this PaTt of Suirey. EfFINCIIAM SCIIOOLS'I'IIUST GOVERNORS, Rb,POII'I' YEAR CNDlID31 AUCUST 2021 Public Benefit The Governors recognise the duty imposcd upon theiii by Sectioii 17 of Ilie ClJariti¢s Act 2011 and a150 the reqiiiirtnent to have due regai'd to the gen¢rnl guidance provided by ¢he CliaTlty Comini5sioTi in coniieclioii with Public Benefit. The Catholic etho.% aiid valLies of the Schools lias always been to encoiirage stiTdcnt5 to be outward lookittg and coinpassionate towards others and Iliis is denionslraled tliroiigTli Jiumerous chai'itable projects which take place a¢roEs Ilie year. The TTUSt continiied 10 enhancc its liiiks witli Ihe local Loinn)uiiity. A nLiinbei' of local schools liave acctss¢d the 'l'iiisL's cdiieational facilities, foi. cxainplc local sports cliibs and state scliools liave used lh¢ Ti'iist's swimiiiing pools. sports lialls and 5pol.ls pitches and local cliildieii regularly train at Ilie Sthools. Local cliurclies and cli3ritie5 have Uiilised Ilic T1￿$t'S theatre aiid oili¢i- facilitEes aiid tlie Ti'ust's facilities also piDvid¢d iviihoul charge for deanery ii)eetthngs. The PJEp Scliool Choir 8nd Cranmore Choirs have supported local events such as the vtllage harvest festival and Chrislmas services. The Triist has also been activc in supporting many cliai'ities, including Can¢eJ' Rescarch, Tlie Catholic Cl)ildiEn's Society, Unicef, MIND, The Alziiein)er's Socicty, Mary's Meals, CAFOD and Cheri'y Tires. This year the TTUSt awarded s¢holarships, bursarics (incliiding IOOYO assisl¢d places) and allowaijces of £3.164k repiEsenting IC)Q/o of giDss fee incom¢ ofwliich bursai'i¢s and assisted placcs representcd 50/0 of gros5 fee income. The Governors, policy 18 to award scholarships on Ilie basis of outst211ding ability and to pi'ovide buTSRI'ies as support for paiEnts iji finaiicial difficultics to enable their children to Irinain al tli¢ School. This year£355k of funding was awaI￿ed to fk)niili¢s experieijciiig significaiit finan¢ial hardship as a re5uII of t11e pandemic. The Tnis¢ operates an Assisted Places S¢liemc foi. children who would not ordinai'ily be able lo aJToid the fees. The 5cheine is piiblicised througli oi'ganisal&ons such a5 Springboard, an educatiot11c I ti'iisl. A nuinberof pupils were covered by the scheme in Septembei. 2020 and the lolal benefit for as5jsied places this year was £58k which is ongoing. STRATEGIC REPORT REVIIPW Ob. ACHlEVE,.ME￿Ts AND PIIRFORMANCE The school.s this year St. Tei'esa's lias had anoilieT succcssful yeai.. The Scliool 15 1)ow rutjiiiiig Close lo full ¢apacity aiid piipil numbers in the year weie an averagre of 634 and admissions into the Senioi. School rel￿aIn very conipetitive. Both the PIEP 2nd SeniDT School adapted well to the deniaThd5 posed by the pandemic, aiid paiEnis continued lo praise tlie deliveTy of remote leai.ning during period5 of lockdown. 2020-21 an exti'aordin&iy pcriod for Crantnoir, with a typically energ¢lic Autumn Temi, followed an cvolving response lo the pandemic. Tlie S¢liool tnoved through a period of ie51ricled dctivity, to fully retnote learning, lollowed by a reliirn to Ihe school sile, the sch￿1 cominunity. pupi14 parents and staff showed great 5titngth and adaptability. The pupil roll Rt Crajimore iticreased lo 420 pupils and will increase further in 2021122. ST TERE,fA'S.SÈNIOR SCJIOOL Academic Tlie Scliool cuJ)tIllU¢S lo provide an exccllcnt edu¢ation foi. 8111)upi1s. 'I'he staff en5uird rigorou5 Systems were in place to produce fail. and iobusl teacher assessed grades. Details of aur A l.evel resiilt5 niay be foiind in the table below.. Year 021 020 oly 2018 Enli'ies 130 92 102 4.6/ 9.3Q/o .W/o 5.4Yo 75Q/o 29.4ts/o 8.3.90/ 88,/¢ 56.W/o 92.4V 96.7°/ 84.3¢/0 iooo/ IOOO/o 9Y. 99/ R.6/0 Th¢ A Level cohorl demonstrated the stTcngtli of thcir acadeinic ability Ihn)ugh a faiitasii¢ set of results. All went on to uiiiversity, with ojie it] three aiiending a Russell Groiip lJniv¢rsity. IFFINGHAM SCHOOLS'fiiusT GOVLRIYOIISI IIEPI)RI' Yr.All I:, NDL4 D 31 AUGUSI. 2021 Oiir GCSE re5111ts are below-. Grade umiilative O 13.9 13.9 16.6 30.5 76.7 16.6 93.3 98.3 100 100 Value Added glades ate, once again. trLiIy eK¢eptional ai GCSP.. Sports Depai'tment Curi'sciilIEm PE neiys: GCSE PE results were excelleni, 940/0 of students achieved 8 grade 7 01. above, 600/0 a¢hievin8 an 8 or above. A I,¢vel PE I OOO/o A grades. General spoj'ting lleiv5: The S¢hool providcs a full ¢xtFa-¢UlTicular lirnetable iii our main sports foi. all ages groups, which include A full fixtures s¢h¢dule in neiball. hockey and swiinming witliin tlie firsl two t¢i'in5. ClubE befoi'e school, liiiich tiine and after school maximi5e tlie gil'ls. oppoitunities progression. Developiiig a rnoir subslanlial parliiership with ESTA they will piDvide 5pecTalist Coaching for our tennis players and with PE lessons. SOCS is being used successfully to communicale with parents, team sheets and instTUCtions are emailed diitctly 10 those children selectcd and DST has inducted equeslriaii on how to use the sysietn, lor a whole school approach. Sports news bulletiii weekly has been a great way to higlilight success and the busy spo¥ling life at St-fere%a's ts) parents and the wider community. Inferhoiise coinpetitions involve Ihe enlire school in hockey, neiball atJd Cr055 Country. Hock¢y news And 5ucLess: Many of our studellls h&ve been selected for the England Ho¢key Player Pathway. peyformance ccntre 5qiiads while others await their results. Ul 5.9 al'e 5UJ best hockey l¢am in Ilie County. IS14C. team Nation81 Plate finished top 6 in thc coiit]try. Cross Couiitii rieivs #lid $ULtess'. Early morning XC club wliich has resulted in XC wins throiighout the tenn. MoTe fixtures and qualifsers entered this season. St I'eresa's are iiow tlie top 20, s¢hool in ihe coiintiy for jiiniorgirls, aftei. qualifying agaitjsi hundreds of oiher schwls across 2 roiijids. This is a huge achievement. Five student5 have qiialifjed for the Modeim Biatlilon and British School's Biaililoii fina15 qualifiers held dt Uiiivcr5ity of Bath in Mai¢h. Onc of thesc stiidents is ¢iirrenily I 51 in the couniry for the National SGhools Biathloji. Five studcnt5 have qu81ified to repi'e5¢nt Surrey in the Cr055 Coiintry finals Janiiary 22. NetbAII nfflY5 #nd success.. The partnership wilh Surrey Storm Super league has resiilted in Suri'¢y Storm Academy playc15 on site each weck building link5 Wlth our 61h form and year I I girls aiid specialist coa¢liing fiY)m Surrey Sioi'm Pathway co&che5 in holiday master ,I,'r¢lNGIIAM SC.'IIOOLS TRUST c.ovr.RNOIIS' RLI PORI. YLAR ENDf4 D 31 AUGU,$7' 2021 lasses. Several student5 have been selected for county sqiiads aiid the Ul 5 A team have qiialified for tlie Naliortal Finals held iIi Mairh. Sivimmiiig neivs aiid su¢ces5'. The School ha5 an cxirernely successful partRershEp with Guildfurd City Swimming Club. and holiday Gamps havc been held for squad swiinjiiers. Oiie stiident is a meniber of ihe Swim England NatTonal DevElopnient Progrdmm¢. All sqiiads have improved their position it] the ESSA Team Chainpionsliips compaird io previous years. Musi¢ l)tpai'tnient The Music Depai-lmcnt continues io IIiTive, despite luckdown. GCSE resulls were excellent., all girls gaining over thcir Mjdyi￿Predie1ed grades. 43D/o gaincd 7_9. 86Q/u gained gi7de 5-9. A level re5uIt5 were also ex¢ellent. ABRSM re5u115 continued to b¥ excellent, despite covid. Exams weir rccoi'ded and 5¢11t in to Ilie ABRSM. The Termly C'.ontert5 were Ircorded and 5eiil oiil for viewing. they weiE highly acclaimed. The Carol Service wll5 a huge su¢¢ess. de5PIte being live Siitoined in year group bLJbbles from nutnerous venues around the school. Year 7 and 10 girls from SLhola sang Evensong5 in the Chapel. in addition lo singing Advent and Lent evensongs in the c.hapel. Duc to Covid bubbles. a Year 7 only orchestra w&q e￿ated to give opporitsniiy to new players in the school. Tlie Jnusi¢al Chtcago was piDduced by the %ixth FO￿ gil'ls and iocliided a Ihree-pie¢e band accompanying. In addilioji, the D¢partm¢nt rall.. A Year 7 choir Schola Cdjiloruni SEIIIOT Choir Senior Chamber C'hoir Jazz Ensembl¢ Africaii Drumming group 3 Theojy groups Aural clas5¢S String ensemble Lower School Or¢hestra Perfonnlng Art5 DepArtm¢nt Di'Am#- Excellenl set of GCSE and A level results. Despite ihe pandeinic and pratlical lessons being online the girls did ex¢tptioiially well.. GCSE - IOOO/o Grade 5-9. 700/0 Grade 7-9. A, Level - A*.B I OOYO -I'hc number of gil'ls pllrsiiinB Ihe Perforiniiig Ai1% P05t GCSE and A level Lonlinues to glow, wilh 48 0/0 of oui. GCSE cohort going on to stiidy Draiiia at A Icvcl and 70/¢ tsf oiii. A level tohort 51iidyitl8 Filin Studie5 al presligioiis unIVe￿IlieS. Dallee.. Despite the pwidemic and pi'actical l¢sson5 being onlinc th¢ giTls did exlremely well.. GCSE- 100% Grade 4-8, 670 Glade 7-8. I.AMDA.. Outstandiiig ¥esult5 throughout the yeaj., averaging 92Q/o Distiociion and Mcrit. with 790/¢ 1)istinction. SoiDe of the cxam.% were takcii during lockdi)wii aiid tlie girls did extremely well to a¢lii¢ve such excellent gradcs taking exams online. The number ofgiTIs taking LAMDA remains consistently higli. Pi'vilu¢tioiis.' Despite a s¢houl ierin iii lo¢kdown And being in yeai'group blibblcs foi'the reiiiaitider of Ilie yeartlie Pei'foi'ming Arts ljepaitineiit Wds deteiniiiied lo do a school prodiiction and the Irsult was epic.. all of the Year 7's pei'foi'ined in 'PEler Pan and Wendy., all of the Yeai. ¥'s p¢1 fornied in'Gi'itJim Tales,. Year 9 sludenls auditioned and perfoi'ined'lnto th¢ Woods,. Year l O and I I perfoi'nicd the GCSI.. Draiiia set tL'.¥t'Blood BIDthers' %tJd ihe Sixili Foj'm peTf017ned 'Chicago'. Ef4FINGHAM SCHOOLS TRUST GOVERNORS, REIPORT YEIAR LINDED31 AUGUST2021 Clubs.. Drania Clubs for Year 7, Ycai. 8 and Year 9 cotiliiiued lo be populai., as well as Musical Tlieatre Cliibs and Daiice Clubs. 'I'hey were all well atleiided aiid w)pulai'. Reheaisals for the pl￿d￿l¢(lonS tatsk plaLe aftei. schoDI every day> 4.15-6.00. Mark Jcrmin's Stage and SciEen club continiied their popular after scliool cliih and their agency had a nunibei. of our 5tud¢nt5 auditioning for the TIBC and N¢tflix. Mark J¢m)in Productions also hosted their first IEsidential %iimtner COUT5C here iii July which was a hiige success. sr TERESA'SPREPSCHOOL Tl)e last PIEP Scliool TSI inspe¢lioii i'eport judged tl)e S¢l)(M)l io be"Ex¢elleiit" in all aYea5 Iilie higihest POS5ible rankiiigl aiid stated iliat, 'Tlie qualily of pupi15' acadeinic and oiliei. acliieveilleii15 is excelleiit. Expeclaliojis of all are consistently high and piipils of all abilities are cliallenged. A significant number of girls outp¢rforni other siud¢nis theiT age ill all area8 and the .%chool continue5 to have high expectations for all girls. 2020 Tesulis indicate that there is Consistent ycar on year progrcss for oiii. rnost ablc readcrs in Ycai. 5 and 6 frotn 34Q/o in 2016 to 60Q/o in 2021 achievingF 2 years and above tlieir chrolloIoEical age aiid approximately 800/0 of girls makijig expeclcd progres5 or liiglier ill English. Matheniatics testing indicdtes 88D/o of ¥ii'ls mJkinu> expected progress or hightr. In tlie Diocesan Inspection, which look place in FebTuary 202Q, the Pirp School was judged to be"OutSt￿dl1lu" in all aiEas'. 'Rapid progress is iiiade as a result of outstandiiig teacliing" Parents are oveiwlieliijingly positive...pupils are prolld of ilieir SLliool" It was another recoi'd-brcaking ycai. witli Irgai'd5 to scliolarsliips. 9 gil'ls were awarded academic schOla￿h1ps, 3 girls were awai'ded Art scholarships, 8 gil'ls wtrc awarded Spoil 5cliolarships. 3 glrls wcir aw8rded Miisic scholarships, 2 girls were awai'ded Draina scholarships and 2 girls were awarded tellllis scliolarships. Due to the Covid pandemir, thei'¢ were fewer events thart usual but maiiy ex¢iting activities look place nevertheless.. Sport During the Autunin ajid Sprin8 lei'ms, all pupils had Ollline PE lessons twice a week, focllsing on the sports they would norinally be doing. Iniliatives were sei up lo encourage Ihe girls to be tsutside and to iii¢lud¢ the wliDIE family. A few of these were; weekly PE fjl)allenges. the big gardcii bii'd wat¢li and tli¢ animal challenge. In Mai'ch. a pupil in Ycar 5 coinpctcd in thc Surrey Schools virtual cr05s country conipetition during lock down. She was placed 9 ill s￿rrey. Dui-iiix tlie Sumin¢r Tem), pupils a¢ross all year gi-oups look parl in fixluit5 agaiiisl other schools. 25 pupi15 took part in the virtual biathloii qualification round for the Schoo15 biatlilon championsliips, with all 25 qualifying for the fiiials iii October. Piipils continued to excel in thetr 8POrts out8ide of Sch(>ol. Here are a few examples.. A pupil in Year 6 was sele¢led to irain and play for the Ul I Surrey Cricket team. A pupil in Year 5 was selected for the UIO ieain ai Woking7 T£nns5 Club, a s￿￿tY Junior PerfoTrnallGE Academy. cotnpeling iii the Surrey league. 2 piipils in Yeai. 5 and Yeai. 6 coinpeled in the Nattoiial Schools Lquestrian Association event at Felbiidge. Thesr team won both the 60cm and 70¢m high jiimps. 'I'he Year 6 pupil was also pla¢¢d 6 in th¢ 60cm. Swiijiming Our Swimmer5 have been excelling in the pool, inside and outside of School. We had a pupil in Yeai. 5 ranked 15, in the couiilry for U10 50m biilterfly, 2151 for backstroke and 25th for freeslyle. A pupil it) Year 6 ranked 6th in sUr￿Y f(Ir U I I 50111 bieasiglrok¢ and 24, in the coijntiy for loom ba¢k9troke. Anothei. pupil in YeaT 6 is rankcd IO, in the country for U I I loom freestyle, 12 in 50m buiterlly, 23Td for 50m freestyle and 12th foT ba¢ksiroke. i D b INGIIAM SI.'IIOOI.S I'RUS'r C.OVlI IINORS, REPOII'I. Y[1 AR F.NDf4,D 31 AIIC.U.8'1' 2021 mu.sic Despite Covid reslriLlions, all girls coiitinued lo benefit from a broad musical eduLation. Harvest Festivals were IEcorded i'cmotely in school aiid sent to parejits as were the Lower Prep Nlativity aii(I the Upper Prep Carol Sei'vi¢e. Chapel Concerts took place with Inany individual perfomian¢es being recorded aiid piit togeilier as a w1101e cort¢eil eacli terin. Year S and 6 girls learnt songs foi. the end of ycar production IY117d In Ilie PVilloiiJ¥. This was pErfariiied witli a live band compi'isiiig of prep school staff, professional miisi¢ians and scnior school music 8cholars. lJltimately. only Yeai. 6 M'ere ablc lo pcrfoiin to live audiejice. but the Y¢ar 5 gir15 were recorded singing the songs and the5c recoTdings were sent to par¢nis. No outside sGhool perfomianccs were possible iji Ihts aLademic yeaT. Music examinations wcrc taken remotcly with garls prepai'ing for Asso¢iated Board exarniiiations. 22 praclical music examinations were taken lfrorn Gradc I to Grade 41 with a spread of r&sults across pa55, nierit and distinGtion. All instrumenial teaLher5 returJ]ed to in persoii teaching when school was opcn and switched 10 onlin¢ lessons during lockdown. 'rhc Year 6 Cliambcr Choir I'e¢orded a song to be u5td for their eiid of year video #lid perforinEd al the Year 6 prizegiving. The four Year 6 girls who had gained music scholarships to the Senioi'.£chool a150 p¢rfoiThed at the Year 6 PrixeBiving. It was not Possible to run the usual array of cross yeaT group activities biit the musi¢ staff weTe able to offer the following Year 6 C￿lamber Choir, String Group. Ukulele club, Theory Club Year 5 Chamber ("hoir, String Group, Theory club Year 4- Theory c.lub. String Quartet Y¢ar 3 Choir Year 2- Lowei. Prep Singing Group (run by a class ￿a¢her) DramA Drama continued io bc a stren8th of the school with %pecialist lessons forining part of the ¢un'i¢ulutn and numerous workshops and perfoi'manc&% taking plac¢ a¢ross the year c.g. Shakespe8rc for Kids. Year 6 enjoyed workitl8 on th¢ir annual end of year production wlii¢h last yeaT was, 'Wiiid in tlie Willow%" LA￿[DA was extremcly popular with 45 gTTls taking lessons every week. Of the girls who took a LAMDA exam%na¢ion, 25 girls achieved Distinction and 12 girls achieved Mei'it. CRANMORE Academic From a relatively small cohort of thirteen pupils, two pupil% wcrc awarded academic seholar%hipE, oiie of whicli was Ilie single-place Kiiig, Scholarsliip io RGS Guildford. Tliere were also two Mu%ic Scholar.%hip gairted.. onc to Cliarterhousc aiid oiie lo St Joljii's, Leatlierljead, Ihe laiter being UWaTd¢d Upoll entry in IEwgnition of the high 5tandaid displayed by the late applicant. I'he reinainderof pldces b¢ing subject to contiiiued progress, bul esseiitially unconditional,. lloiie JEqiiired Common Entrance, althoiigh most pupils cliose to take tliis only iii Maihg, English aiid Scien¢¢. Septeinber 2021 Entrics aiid Scholar8hips.' Cranmore award￿ 5cholai'ships at I i+ for academir P¢Tfoi'niance in tlie entraiice examinations and performance in An, Drama, Musi¢ and Sport. Twcnty piiptls, of whom ¢ight were external candidates, were awarded a scliolarsliip ill one aiEa with four of Ihes¢ winning a inultiple scholarship. Baseline-festiiig: CATS #ttd MidYIS Uppei. Prep pupils take Cognitivc Ability Te.%r8 {C.A Ts) in Year5 4-6. YcaT 7 piipils takc the MidYI,S IMTddle Yeais Infumiatioii System) assessmet)t. Typi¢ally, the CA T data shows that leaching ai f.ranmor¢ add5 valiie cach year, with the IM¢an slandardised score ISAS) iiicreasiiigi several points edcli year. EFFINGHAM SCHOOLS TRUST COVERNOJLS, REPORT YEAK LNDED 31 AUGUSI- 2021 CAT A5se5snient data- Natiojial {M¢aii} A verage 100 Yeai. Cyl'ou i eAiI SAS2019 Mean SA8 2021) Mean SAS 2021 124 112- hlidl'JS.fcoie lJ2- fvlid)'IS s¢oie Pupi15 engage ivith, and enjoy a great deal of succes5 iii a range of activities and competitions tliat occur beyotid Ilie nortnal Sport Sporting opportunities continued to be abundant for all pupi5$ at CraiimorE. Dui'ing tlii5 year pupils liad the opportuiiity to paiticipate iii IS diflei'ent sports alongside Inoi'e thali a dozen co-ciii'riculai. sports cliibs. Weekly sport8 training reinaitied open to all pupils with additional Scholarship sessions foi. Senior School piipils. 'fhcse have Fo¢ussed on athletic development and skill acqui8iiion and havc benefitted from ac¢ess to th¢ new Athletic D¢v¢lopment C.entre. a facility inuGh admired by prospective parents at Open Day. We air proiidly partnejrd with extei'nal providejs to hosi ihe Chelsea Pre-Developn)ent Centre, the Efyittgham Hockey Developtnent Centre and the LtTJn8ham Cricket Development Centre. Sport maintained momcntum during the llational lockdown5 iyhich Saw u5 rcturn to Temot¢ Icarning. There was wide engagcnient by pupils and staff in the Evcrcst and Di5tancc Challcngc set during the restrictions. Pupils also had access to eoaching Collteiit provided by specialist teacher5. A virtual HIIT and Strength Movement ¢lub proved popular. A viniial rjxliire look pldce auiaijist Rokeby School and uver 50 Craninore swiinmers took part in a virtual swim gala. Facing fierce eompelilion from PLipils at many otlier schools some fantastic times were pvsled resulting in l O individual winners artd 3 Irlay wins. More than So swini squad Inembers have trailled W¢Ekly in PT¢par¢diies5 for the retiim of galas and competitions next term with five alrcady plaiin¢d. Immediaiely llpon the return to onsite learning, an inteiise hockey and rugby programme was delivered in the Easter tetm whi¢h we are confident hag put pupils in a Sirong place for the start of tlie next ac41d¢fflic year. de5Pjte missing out on the Irsp¢¢tiv¢ seasorts in 20121. Cjolf and rowing also featured. Pupils i)18yed in two golf tournaments and a Year 8 pupil p¢i'fomied outstandingly at th¢ British Indoor Rowing Championships with two personal best times, one of which set a n¢w British record in tlie 500m SPTint. A yffdr 5 pupil ¢omp¢ted wilh Effingham S¢hools frusi Equ¢strian Team in the Eventers Challenge at Cvtstnb¢lands where tlie team did superbly. seciiriiig fii'st place. Tennis fixtures were an alniost daily occurrence ill the suminer lertn and over 80 diffeiellt pupils liave represented Cranmore. Ci•nmore is an unrivalled setting for school Cricket and this. ttsg¢iher with coaching 5peciali5ni', success Oll the ficld,. and thi5 year. tlie provision durinitlB during our &nnual House Music cojnptlilion wilh one Lhild performin8 oil voice, violin and piano for his House. Tli¢ newly fui.tned Bel Cdnto Clioii s Ircording of Silent Niglit was aiird oil HIIC suriry and 8us5ex radio oli Clii'istiiias Eve. Piipil perfoiinaiice5 for Ci'aiiinorc'5 ti?ditional Action Day wci'e niuch cnjoyed i'aising Imoney for LAFOD in tlie process. F,FFINGIIAM SCHOOI,S'I'IIUS [' COVERNORS. REPORT YEAR IINDl4D 31 AUGUST2021 Oui. annual Yoiing Musician wmpelition took place and once again the Standard was high and imp￿$￿ed oiir external adjudicatQ15. Pupils in the Upper Prep and Senior Scliools cntcitained Ilieiy virtual parent audieii¢e% duThng thc ycar groiip Sumtner Serenades, a perfect example of how technology has etiabled families to continue to enjoy performanccs during this year. 'I'hc musicality of our piipils has been rewaided with a M115ic Scholarship to Charterhouse foi. a Year 8 pupil and an cncouraging take up of theory and pra¢tical Iniisic cxaiKs witli a large entry of Craninorc pupil% having bc¢n subiiiitted for exams at the end of the SunimcT teriii. Pupi15 in the Lower Prep School have explored Iheii. Jnusi¢al intei'esis and niany started instrumental lesson5 this year willi numbeis expected to increase followiIig th¢ recent A,/e¥i ili¢ In51iiiiiieiJl' evetit. Once aL)ain teLlJiiolouy Ineani Ihal parenis coiild eiijoy tlieir ehildren's i)erfoiniances in tlie year gi'oup Nativities wliicli weie I'ecorded and .sliaied ai Clii'isltiias. Tlie finale was thc 'Pioiik¥ in ihe Paddock. cvcntwhich included all yeargroups from Pre-h'ur5¢ry to Year 3 in a musical spectacle in late June. riaLilitie5 Development 'Fhe 'FI"usl's programii)e of planlled developineiit and iniprovement was resiricted for a 5eco¥Jd year a5 a result of the Covid- 19 pandetnic. Plowcvcr, investment in IT infi?sin]etuir aiid equii)rnent coiitinued in order lo siipporl Ilie -Fi￿St,S remote leaining activitses through the lockdown period and school ¢Josiirc5. Other projects that were completed during (he year were a5 follows.. The re-zoning at Cranmore continued and Year Two and Three Cla55Tooms were moved to the new Lower Prep area. New f4cilities at Cranmor¢ inclu(fed an Athletic Developnient Centre, a Drama Studio. a new Hospitality Suite. and a new rnedical I'ooin with an adjaceiit well-beiiig room. A new dedicated IT Hiib was cuiiipleted at Sl T¢i'¢sa'5. Also at Sl Tere$4's, a sigiiificani di?inage impi'ovement pj'oject begati, to be compleied in December 2021. Ntiy AppoiTLtmellts foi. 2020121 On I September 2020 Barry Everiit became Headtnastei. of Crallmore, followiiig Michael Coi)nolly's retirement. Pi'ith¢ipal Risks and Uncei'lHiiitie5 The Governors are responsible for the overseeing of the risks faccd by the Trust althnugh detailed consideration ()f ri%k is dele£dled to tlie Finance and Generdl Pui'posts Comjnittee wlio ove13ee the Trusi Risk Register tei'fftly and allnually at the AGM. Ri5k5 ale idEnlifJe(fj, a5se5sed aiid controls established throughout the year. The rnost significRllt I'lsks to the chayity arc a subslantial tall in pupil nuinbers. safegiiardiiig. and coiiipliance issues logeiher with specific fire, pedestrian and traffic safety risk5. '1'hesc Tisks are miligaled by a wide-rangiiig Eet of control rnea5UIES. Althi)iigh we identify a fall in piipil numbers a5 a significant risk we need to recognise that th¢ TTU5t has gr(>wii sigiiificantly and is ¢unenily oYersubsLribed iii sevei?l yeai'groups. We envisage steady piipil growth A¢ros5 the newly forincd EtTinghaJn Schools Triist ovti. the iiext 5 yeai's as tlie diainoiid model of operation come5 into effect Iicross both schools. 'rhe CJovernor5 rccogiiEse that siles at St 'feresa's and C.ranii)oit, 55 and 25 acres ie5pectively, liave genei'ic atid specifjc health and safcty issucs. PaTlicular attention is afforded 10 the 111d¢pcndcnt Scliool Inspection compliancc inspection tritei'ia witli specific policies in place for ¢oinpliance siandards dealing with elcclrical safety, trec 8urveys, wat¢r iiiality coiiliDI and riiE I'isks within a planned progi3in5ne of wurk5 according to I'isk pix>bability, fi]nding and lime scale. The sEte-specific Health and Safety Coinmittee5 Slt ternily to review ljealih, s&fety and securiry. In the opinioii of the (ioveriiors thc School has cslablished systeiDE of interiial coiiti'ols whicli shoiild allow all rigks lo be Inaiiagcd to an acceptable level in ils day to day op¢rations. It is r¢cogniscd that systerns can only provide reasonable but not absolute assuraiiee Ilial major I'isks have beeii adeqiiately managed. Tlie Governors formally Irvitw risk terinly at ilie board rneeling as a st2ndiiig agenda item. I;. Tr lilNC.IIAM SC.'II()()LS'I'RU.ST G()Vl( R ThOII,S' RF.PORT Yr4AR F.NDED 31 AUGUST 2021 In addition, theTe ¢ontiniies to be s(>me unccrtainty as a rcsiilt of the Covid-19 pandeinic. Tlie-fJu5t's response has been to implement its contingency planning arrangements for such circutn51ances and li has deinojistrated that it is able to edu¢at¢ its pupils rejnotely diii'iiig tlie periv(Is of school Closiire enfoired by the UK Goveinnient and Jiiore latlerly duriiig iiidividual pei'iods of self-isolalion. Tliis ability to ¢durate retnolely sigiiificaiitly rediice5 di5TilPtioii to edijcation and conscqucntly reduce5 financial aiid reputational I'isk. INAN'CIAR, RF.VIEW Re5uIt5 The financial perforniance of tlie'fTUSt continued to be impacted by the Covid-19 pandemi¢. Howevei., as the Ti'u5t moved into its second year of partnership, somc cost.%avings were niade as a IEsult of operational synergies achieved. Fee income was rediiccd for a second year 11 S a result of additional haTdship lunding bui the continuation of the GoveKniiienl's furlouglj %eheme helped to mitigate ihe effect of tliis. The llet iiicome for the year was £752k before depreciation of £944k. Iii addition, gain5 on investment5 of £121 k meaiit tljat Ihe ovei'all net Inovenient in fuiids was a £71k rediictioll. Tlie finaiicial resuli for the year 15 shown on pag7e 18. Reserve5 Policy At ihe year end the Triist had unrestricied reserves of £13.7 million mainly repirsented by land and buildings, which have beeii fiiian¢ed by tlie Trust's accut]iulated surpluses and supplenienled by baiik boriDwings. Worlcing capilal and cash flows are nionitored closely in the absenLe of free reserves. Th¢ Govei'iiors, policy is to coiiliniie biiilding lip i'eswves oiit of operating surpliises, 5ubje¢l to requiremtnts for fiiiiher capital ¢xpeDditiii-¢, ovei. the ncxt five to ten yeaT5. P#y of Key MAnagement Personnel Tlic Govei'nors, Seiiior Leadersl)ip Teain ISLTI Reinuiierarion CoJniiiitLee meels aiiiiually to review SLT salaries lo ensure appropriate pay againsi objectives ajid perfoiTriance. Teachei's. Pertsion Sclieme The I rust left tlie Teacli¢¥.%' Pension Sclicme 011 30 April 2021 following a formal consultation with teaching staff. Teachers were autoniatically Enrolled into a defilled contribution pensEon gcheme on 151 May 2a21. FUTURE PLANS Futui'e Direction F.ffinghain Schools Triist now has aii aniiiial in¢ome of alrno%t £18inillion before bLll8ai'ies of £3m, a pllpil roll of oveT 1.050 and dcspite the Covid pandemic, i'cmains cash healthy. All these are strong indicatOT5 of the ¢oniiniiiiig confidejice surrounding the future (SiiE¢tion of the Trust. Developrneiit PIAn Followiiig on from the excellent piipil rctention and r¢¢ruitment for CranmoiE Scnior School, Ihe Trust has applied for planning appi￿val foT Its ¢x¢iting new Scicncc and Technology Centre Icompl¢iioll August 20221. 12 Lr bTrlNGTrIAM SCIIOOLS-I'RIIST GOVLI RNOIIS, IICI PORT YEAR ￿NI)￿D 31 AUGUST 2021 At St. Teresa's the key ptDject for the next acadeinic year will be a new Sports Pavilion. With continued pupil growth. the Trust is confident that it will be abl¢ to achieve its ambitious development targets. STAI'IMENT or GOVCRNORS, RESPONSIBILITIES The Govemors (who are also diiECtors of the Effinghain Schools TTUSt for the puwses of company lawl are responsible for prepai'ing Ilic GuvLmviB ' Report and the financial 51ateinenls in accoi'dance willi applicable law and United Kingdom AccouJJliJig Slandards Iuiiiled Kingdom Generally Accepted A¢counting Pra¢tic¢). Coinpaiiy law I'equires IhL' Guv¢i-nors to piEparc financial statemeiils foi. each fiiian¢ial y¢ai' which give a true aiid fair view of the State of affairs of the charitable company and of the incoming resouTCCS and application of Irsources, incliiding the income and expenditiire, of the chai"ilable company for that period. In pi'epai'ing these fiiiancial slateinents. the Governors are r¢quited to.. seleel suilable accoiiiitlll8 policies and tlien apply Ihein consistently. obscrve ihe rneihods and principles in ihe Charities SORP; make judgments and estimates tlial arc reasonable and priident,. prepare the financial statements on the going concem basis un1¢5S It 15 iiiappropriale to pirsiime tliat the company will 13 crriNGHAM SCIIOOI,S'I'RUSI' GOVIIINCIIISY Rl4 l)Olll' YTr All li Nl)Ii D 31 AIIGII8T 2021 'the Governors are responsible for kccping proper accounting recoixls that disclose with rea5011able a¢¢uracy al any tinie of the fjnancial p051tion of th¢ charilablc company and enable them to ensure that the f1tianc￿al slattinenls Gomply with Ilie Companies Aet 2006. They are also responsible lor safeguarding Ilie assets of Ihe ¢hai'itable company and lience for taking teasonable steps for ilie pirveniion and delection ul fraud ond otljer irregiilaritlE5. So fai. as each of thc Governors is aware al the liine the Teport is appToved'. Ihere is no relevant audit infcirit)alion of wliicli the coiiipany's audttors arc unaware. and the Governors have taken all steps thal Iliey IJu8ht lo have lakeii to tnake themsclves aware of any r¢l¢vant audit infoNnation and to establish tliai the aiiditors are awaie ot'ihal informatioii. Tile Governors, Report, wliicli iticorporates the strategic Ileix)rt. was approved by tlie Ciovernors on 15 Mar¢h 2022. Mrs ner (Cfrchdirl Mr M H¢nderson (Co-chair) 14 [IlNC¥FIAM SCHOOLS TRUST GOVERNORS. REPORT YEAR EN'DED 31 AUCUST2021 The Goveinors pi'esent the financial siatements for the year cnded 31 August 2021. 'Ihe.se have beeii prepai¢d Liiider the provisioii of the Charities SORP 2015 and cornply with all statutory rcquiirnienls and the chai'ity'% governiiig dociiiiienl. REFERENCE AND ADMINISTRA'I'IVE IINTr'ORMA'fioN GOVERNORS Mrs A .1 iiriiei. Co-chaii. Mr M I lendciy)ii Lo.Chair Mr A Agius Mrs H BIEnnan Dr N Clarke Mr S Fisher Mi's A forl Ms S Hall Mrs S Hayes Rev A Hill Dr C Mcmullan Mr l Morgati Mrs M Wilkinson CLF.RK TO"riii GOVERNORS Mrs C Mi illikin (appointed I Scptembcr 2020) REGISTERED OFFICE L(finghatn Schools Triist Effingham Hill Di)rking Surrey RH5 6ST BANKERS Lloyds BaTik C.onnaiight14ouse Alexandi'aferracc Guildford Surrey GUI 3DA SI)LICITORS MOOTC Barlow Thc Oriel Sydenliam Road Guildford Siirrey GU13SR AUDI'I'ORS Haystnacintyre l.I,P l O Queen Street Placc Londoii EC4R IAG INI)kl>liNI)I.'NI' AUDI'foiis IILPORT To THE MEMBERS or EFfiNGHAM SCHOOLS TRUST Op1￿1011 We liave audited ilie finajicial statern¢Dts of Effingham Schools Trust for the ycar ended 31 Augiist 2021 which comprise the Consolidaled Stateinent of Financial Activities. Con%olidatcd and Clik)Tity Balajice Sheets, Consolidated Ca511 flow SlalEment, lid iiolcs to the financilll siateineiits, includirtg a summary of 5ignifi¢8nl acLounliiig poli¢ie5. The finaiicial reporting fr&mcwork that has bccn applied in their PlEparation is appliLdble law aiid L'iiitd Icingdotn Accounting Standards, iiicliiding Financial Repoiling StalldHI'd 102 The hi&?ttncial R¢poi'ling Siandai'd uppliccible in ihe UK aiid Repiiblic oflrellliid (United Kingdom Genei?Ily Accepled AccouiiliDB Practice). In our opiiiion, the finanGial statcments.. give a ti'ue and fail. view of tlie %iatc of the gix>up's of the pai'ent chariiable colnp￿Y'S affairs as at 31 Aiigiist 2021 and ol tlie groiip's and pai'ent charitable cotnpany's net niovenient in fiiiids, illcliidiiig the incon)e and expeiidituiE. foi. the yeai. then ended: liave been properly prepared in a¢¢oi'dancc wsth Uniled Kingdom Generally Accepted AccoRJnting Practice., ajid have been pi'epared in accordaiice with the requijemenls of the Companies Act 2006. BASIS foi. opinio We condiic(ed OUT aiidit in accordance with International Standards on Auditing {UKI IISAS IUKI) and applicable law. Oiir r¢5ponsibilities linder tho%e siandai'ds arc fuiiher described in tlie Auditor's i'esponsibilitie5 loi- tlie audit of tlie financial statcinent5 s¢¢lion ofour report. We are independentof the group iji accordance with the etliical requirEnieiits that are relcvant ti) oui. audit of tlie financial slatenienis in ¢lie UK, iiicluding tli¥ FRL'S bthicRI Standard, and we liave fiiifillcd our othei. ethical re5pon5ibiliiies in accoidance with these requirements. We believe that the audit evidence we have obtained is sufficient alld appropTiate lo provide a basis for our optnion. Collclu%itbns rel%ting to goiiig concern In auditing the financi81 staterncnls, we have concluded that the trustees, use of tlie going concern basis of a¢¢ounting in tlie pr¢paYation of the financial siatemeiils is appropriate. Base(l on the work we have performed, we have not identified any matcrial unc¢rt8inties relating to events or conditions that, individually or collectively, Jiiay cast.%ignificant doiibt on lh¢ gi'oup's ability to continue as a going concei'n for a pei'iod of at least twelve months from when the financial staictncnts ale authorised for issue. Oiir re%ponsibilities and the responsibilities of the trustees with resp¢¢t io gotng concem are d¢s¢ribed in thc T¢levant section5 of this i-epori. Other iiJfDl'￿atIQ The li'uslees al'e I'esponsible for the otlicT infonnation. Thc otlier information cotnprises the infoi'niatioii iiirluded in Ilie Diirctoi"s aiid l-nistees, Report. Our opiiiion ot) the financial slateillents does tiot cover the other inform&tion aiid. exG¢pt 10 the extuit othenvisc explicitly stated in our report, we do not express any form ofassurance coiiclitsion Ihereon. In cotintction with our audit of the financial slalements. our responsibility is to read the othei. information and, in doing so, consider whether the other informatloll 15 Tnatei'ially inconsistent with the financial statements or OUT knowle(Ige obtained in the audit or oihei'wise appeal-￿ lo be materially mis91ated. If wc idcntify sucli material inconsisten¢ies or apparent material misstatemeRtg. we are requircd to d¢temiine whcther there is a material missl#tement in the financial 5tat¢menls or a rnatei'ial misstatcmeiit of the other information. If, based on the work we have perfomed, we conclude that there is a material misstatcment of this oiher information. we are JEqiiiird to ieport that lact. We have notlitng to report iii this Irgard. Opinioiis oil otlier inattei'5 Pl'tsei'ibe(I by tlie Cnmpanies Act 2006 In our opiiiion, based on Ilie work uDderlaken in thc COUT5e of the audit.. tlie iiifoi'maiioii given iii tlie Dircctors and 'fTUStees' R¢i)ort (wliicli includes tlie sti'ategic repoi'i and il)e directors, repoil prepared foi. the puip05c.% of compaiiy lawl IOT the financsal year for which the fiiiancial statemenls are prcpared is consistent with thc fiiiallci81 slaiemeiits.. and the 5tixtegic i'ei)ort and the diiietors, iepoit included within the Dirc¢toi3 and Trustees, Repoi1 liave been pi'epai'ed in accDI'dan¢¢ with applicable legal requirement5. Mattej's on wbich ive #re requii'e(I to i'epDrt by exteptioij In tlie liglit of the knowledge atid uiiderslandiiig of the group and thc parent ¢h8ritable coinpany and its etivironnient vbtained in th¢ course of the aiidit, we liave not identificd material misstatenienis in the Director5 and Trusiees. Report Iwliich iJieorpoTates the gtialegic report and th¢ diiectois, report), We have nothing to Teport in respect of the following matter5 itt relaliotj to which the Companies Act 2006 requires u% to repori to you if. in our opinion.. 16 adequate accounting records have not been kept by the parent charitable coinpaiiy. or the pareiit charilablc compaiiy finaiiGial 51atetnenl8 are nnt in 2BIpp.InPnt willi the accounting recordg gnd returns., or cerlaiii dis¢105ures ofirllstees, reniujieiation specified by law not made.. or we have not receivcd all the infonnation and explanalions we reqiiire foi. our aiidit. Ile$pon5ibilities of trustee5 for the financial stAt¢ments As explained nioiE fully in tlie ti'ustees, responsibilities slatetneiit set out on Iiage 16, Ilie Iruslees Iwlio are also the directors of tlic chai'ilable company for the purposes of company lawl ait IE£pniigihle. frtr the preparAlion of the finanei#l statomertts aiid foi. beii)g sali5fied that they give a true and fail. vicw, and for sucli internal control as the ti-uslees detern)ine is llecessary to enable the preparation of finaiicial slatem¢nls that are free fiDm material misstatement. whether due to fraud or error. In prtparinLJ tlie finaiicial stateinenls. the trustees are responsible for asscs%ing Ilie gi'oup's and the pareiit ¢liarilable company's ability to continue as a goiiig coii¢ein, diselosiiig, as applicable, matters related to uoing coiicein and usiiig the going concerji basis of accounting unless the triistees either iiilend lo liqiiidale Ilie graup nr the parent ch￿l.1¢able compciny or to cease operations, or have no IEalisti¢ altemative but to do so. Aii(litoJ $ respoiisibÉlities for tlie audit of the fitianciAI S¢Rten]ents Our objcclives are lo obtain reasonable assurance about whether the finan¢ic11 stateinents a8 a wliole are free fiDm material nii&%tatement, whctl)ei' due to fraiid rjr ei'ror, and lo issue ali auditor's report tliat iiicludes oui. opinion. Reasonable assurance is a high level of #ssur&nce, but is not a Euarantee that an audit Conducted in a¢¢ordance with If AE (IIKI will always d¢tect a matcrial misst8tenient when it exist5. Misstatements can arise from fraud or eri'or and aTe considered tnatei'ial if, individually or in the aggregate. Ihcy ¢ould reasonably be ¢xpected to influence the economic decistons of uscrs taken on the basis of these fiiiancial statements. Irregularities in¢luding fraud, are instances of Iion-coinpliance with laws aiid regulations. We desigii procedures in line with oiir responsibilities, ouilined above, to deie¢t rnaterial mi55tat¢incnls in respect of irreguliti'ilies, including fraud. The exiellt to which our PTocedures are capable of detecting irregiilarities, including fraud is detailcd below.. Based on our understanding of the group and the environment in which it operates. we identified that the principal risks of non-compliancc with Ic1WS and rcgulations I'el&ted to Iht independent school regulations. safeguarding regulation%, healtli aiid safety requirements, GDPR, employmcnt law aiid cliarity law aiid we coiisid¢red Ilie extent lo which noii-compliance might have a Inalei'ial effect on the fjnancial statements. We also considered those laws and iegulations tliat have a direct impa¢t on the preparation of the financial slaiements sucli as the Charities A¢1 2011 and Companie5 Act 2006 and consider other fJ¢tOTS sucli as payroll tax. We evaluated mat]agen)ent's it)centives and oppoilLllllties for fraiiduleiit maiiipulatioii of tlie financial statements (including the risk of oveii'ide of coiitrolsl, and determiiied Ihat the principal I'i5ks were related to posting inappTopriat¢ journal entries and mana8etneJil bthas in tnaking ac¢ountin¥ estimates. Audit procedures performed bv the en2a2ement teaTn included.. Inspecting correspondence with regulators and lax authorities. Discussions with tnana2ement iiicluding consideration of kn()wn nr qiigpptr.tpd inStan￿g of non-compliartee with laws and regiilatioii aiid fraiid; Evaluatiiig Inanageiijeiit's eonlrols designed Èo pirvent a11d delect irregulaTlties' Identifyin% and testin? ioumals. in particiilar joiiinal entrie% pn£teA Al Ihp. ye.yr-et)d- and Challenging assumpiions and judgements made by managemetjt in theii. accounting estimates A further description of our responsibilities ftsi. the audit of the fjiiancial statements is located on the Financial Rcporting Coiiiicil's website at.. ww.frc.or -uklall res 'lies. This description forins parl of our audiloj s i'eport. Use of Dur i'¢port This r¢porl is niade solely to the charitable company's members, as a body, in accordancE Wlth Chapter 3 of Part 16 of the Companies Act 2006. Oiii. aiidit work lias been un(l¢i'laken so that we Inigjit state to the chai'ilable cotnpany's meii)bers those njalters we are JEquired to State to them in ali Auditoi's repoit aiid for no other purpose. Tn the fiillest extent peixnitted by law, we do iiot accept or assume respotjsibility to anyone oth¢T than the charitable company and Ilie chai'iiable company's members. as a body, for our audit work. foi. this report, or for the opioions we have fomied. Lee Stolies (Setiior Statiitory Auditor) foi. aiiil oij bchalf of HaysmAelntyre LLP, Stfltutory Auditoi. 12 April 10 Queen Street Plgce Loniloii EC4R IAG . 2022 17 EI FFINGHAM SCHOOLS"fRUS"r CONbUI.11)A'I'LD s'fATF.MF.NT or FINANCIAL ACTIVITIES 40R THE YEAR ENDII D 31 AUGiiST 2021 IiYCOME AND EXPENDITURE Unrestricted rtuiids Total Tolal 2020 2021 INCOME FROM Cliai'lt&ble ActlVLtiCS Tuitioii fee5 Other educational ¥n¢ome Trading ACtkVLtKe5 Trading income Ltttings liive5ttneiit- Bk)nk interest Dividends Donations Gcncral Grants Transfer of assets frotn Cranmoi'e 13.738.931 544.291 13,738,931 544,291 13,007,033 571,159 90,005 10.687 90,005 10,687 75.205 5.6211 62 20,785 62 20.785 7.077 23,379 1,847 185,701 1,847 185.701 13,325 605.916 7,465,414 Total incoine 14.592.309 14,592,309 21,774.136 EXPENDITURE ON Expenditure on Ch41'itable Activity Tr115t uperating Cost: Teachiii8 costs Welfare Pi'emi.se8 Support costs and governance Grant5 and awaTds R#isiJi% fiiiid5 Trading expenditure FiDoll¢e costs 8,603,958 1,335,863 3,146,374 1,625,292 8.603,958 1.335,863 3,146,374 1,625,292 8,914.836 1,250,204 3,112,485 1,872,388 225,765 10,288 62,993 10.288 62.993 8,700 69,872 Total expendituie 14,784,768 14,784,768 15.454.250 Net income l{¢xp¢JidituJ'el (192.4591 1192,4591 6,319,886 Gains l (105SC5) on investm¢nt assets 121.568 121,568 {24.7691 Net movement in fuiids 170,8911 170.8911 6.295,117 Balance brouglit forward al I Sepletnber 2020 13,752.628 13,752,628 7.457.511 BAlnnte ¢%Yi'ied foi'ivRrd At 31 Aygust 2021 13,081,737 13,681,737 13.752,628 n)e Statement of Finan¢ial Aclivitits conlRi11s all the in¢onie and cxpenditure recogniscd in thc Current and preceding ycar. All of tlie Trust's activlties duviiig the above two fiiiancial years dei'ived from continuinu activities. The accompanying not&8 form pari of the%e financial 51aieinenis. 18 LD"I'INGIIAM SCHOOLS TRUST C.UMPANY NUMIIF,R: 045UI)623 C.ON801.,11)A'l"b-D AND CIIARITABLL COMPANY BALANCE SHEETS AT31 AUGUST2021 C¥ J'OIIP Tj'ust 2021 2020 2021 2020 Notes IXEt D ASSL-I-S Taiigiblc assets Investments 16,639,451 911,340 17,378,295 768,966 16,639.451 911,342 17.378.039 768.968 17.550.791 18,147,261 17,550.79.3 18,147,007 CURREN'I- A.%sTr.'rs Stock Debtors- receivablc within on¢ y￿r Casli and bank balances 64.974 213,208 1,873,070 64,974 207,702 1,793,742 343,258 964.689 348 J79 889,336 2,151,252 1.307,947 2.066,418 1,237,617 CREDITOR,S- amounts falling dve within one year 13.013,7661 12,533,997) 13,005,606) (2.526,048) NEIT CURRENT LIABILITIES 1862.5141 11,226.050} 1939,1881 11,288,431} TOTAL A8SbTS LLISS CURRFNT LIABILITIES 16,688,277 16.921,211 16,611,605 16,858,574 CREDITORS- amount5 falling due after mtsre thatt one year 13.006,540) {3,168,58.31 13,006,540} {3,168,5831 13.681,737 13.752,628 13,605.065 13,689,991 FUNDS General ut)resiricted funds 13,681.737 13,752.628 13,6U5,065 13,689,991 13,681.737 13.752.628 13,605.065 13,689,991 Effiiighain Schools TTUSt has taken the ex¢mption from presenting its unconsolidated statetnent of finan¢ial activities under section 408 ofilje Conipanies Act 2006. Tlie nei expcnditure (>f the Charity as shown in note 14 was £206,490 {2020'. nel incoine £6,261,250). Tlic flnancial slal¢mcnts were approved and aiiihorised for issue by the Governors on 15 March 2022 and werc signed below on tlieir behalf by.. CT (Co- Mr M 14enderson {C.o-C.haiY) The a¢¢oinpanying not¢s fortn pail of these fiJanGial stateinents. EFFINGHAM SCHOOLS TRUST CONSOLII)ATL4 D 81'A'I-LMfi,N'l' or c.ASH f4 LOWS liOII TIIF. YC4 AR ENDED 31 AUGUST 2021 2021 2020 RccoiLeiliAtion ur thet expentlituie to net ¢*&li tlow froin operatiijg activities Nel expenditiire Depi'ecialion Bank intcrcst receiv¢d Bank interest paid Invesiineni incoine Inciras¢ in stock Decrea5¢ in debiois Increase Ildecreasel it) ¢irditors IncT¢age in parent deposits and fee5 in advan¢e 1192.459) 944,532 1621 62.993 {20.7851 164,lJ74} 130.050 147.399 320.136 11,145,528} 1,005,783 (7,0771 69,872 {23,3791 38,341 1468,5481 344.001 Nei cash proipided bji opeitiiing aclivilies 1,326.830 1186,535) CAsli floivs fi'om iiJve5tillg activities Inveslijient incoime Baiik interest rcceived Pui'¢hase i)f tangible fixed assets Purchase of invesltllent Cash addition relating to CiTrnmor¢ 20.785 02 {205.688) 120,8a81 23.379 7.077 {124.4671 123.357) 503,241 Nef pi'ovidedby ip7ve.sliiig acliiiilies (205.6491 385.873 Cash floivs fi'om fit)%ncing Activities Repayineiit5 of borrowing Bank interest paid 1149,8071 162,9931 1136,798) (69,8721 Vel cash if&EtI infinancing aclivilies (212.8DO) {206,6701 Inere¥selldecrexst) in eAsh 908.381 {7,332) Cash and cash eqiitvalent5 at I S¢ptcmbeT 964,689 972,021 Cash and cash equivalents at 31 August 1,873,070 964.689 ANALYSIS OF CASH AND CASH EQUIVALENTS 2021 2020 Ca511 at bank 1,873,070 964,689 ANALYSIS OF CHANGLS IN NF.T Dri BT At I September 2020 Cash flows At 31 Augiist 2021 964,689 1149,Ci921 {2.134,883) 908,381 12,518) 152,325 1,873,070 1152,2101 {1,982,558} Loans falling due wiihin one ycar Loans falling due afier more thali one y¢ai' Total 11,319,886) 1,058,188 (261,6981 20 Cl4blNGFIAM SCIIOOLS TRUST NOTES TO THE FINANCIAL SI'ATfi MLI NTS I,'OII THE YEAR ENDED 31 AUCUST2021 Effingham Schools Trust is a Gharilablc ctsinpany incorporated iti England aiid Wales. Further coinpany iiifoijiialiort can be fouiid on page 15. Tlie Trust is a Public Bciiefit l.'nlity registered as a charity in England and Wale8 at)d ft comp2ny liniiled by giiai2nt¢¢. It was incoworated 011 13 Aiigust 2002 (company number.. 045096231 and re8isieTed as a charity on 18 Dcccmber 2002 Icliarity nuiiiber.. 1095 1031. ACCOIIN'fiNG P(11,ICILI S BAsis of A¢¢oiintiiig Tlie fiiian¢ial statcments havc been prepared linder the hEslorical Lost convention and in accordan¢c wtth applicable accounting standards and thc Stateincnt of Rccornmen(led PractiLe AcLountiiigT and Reporting by C.hai'itics18Econd Edition), Ihe Companies Act 2006 aiid FRS 102 the fina11cial I'eporting slanddrd applicable iti the UK and Ilie lallS, are measured at #mortiscd cost Ilsing the eff¢¢tive intercst method. k) Fuiid aceounting Thc funds of th¢ Ti'ust are accounted for as lliire5tricted or reslricled income, in accordance with the terms of trust imposed by the donors or aiiy appeal to which they may have Tespoiided. Unrestricted blinds are fund% applied al Ihe discTCtion of the Governors in furthei?n¢e of the objects of the Trust. Wliere the Governors decide to set asidc any part of thcsc flind5 to be used in ￿tUre lor sonie specific purpose. this is a¢¢ouiited for by tiTriisfer to the appropTiatc designated fund. Designated Funds are a parti¢ulJr fiDJn of uiirestricted funds coii515tiiig of anlounts, which have bcen allocatcd oi. de5ignaled foi. specific purposes by tlie Govei'noT5. 'IME use of designattd funds reinain at the discretion of the Governors. Resti'icted Fiiiids air Subject to specific conditions imwsed by donors. Leases Reiitals on the property lease and on operating leases are charged to the Staterncnt of financial Aclivitics ISOFAI over Ihe period when ihey a￿ payable. rnl Ci'iticxl soiii'ces ofe5timation U￿certaintY #nil A¢¢ountiiig judgements 'rhe prepaixtion of financial slaiements in coniplianLe witli FRS 102 requires the use of certain crit¥¢al accounting cstiiiiates. It also requires management to exercise judBinenl in applyiiig tlie -fiugt's accoiinting policies. The key judEenieJit5 tliai liave beeii applied by manageinenl relate to the sele¢lion of ecoiiomic useful lives for tangible fixed assets atid provision5 for bad debis. 22 Efi,'INGHAM SCHOOLS TRUST NOTES 'fo i'iii,: lilNANC.IAL SI'ATEMCNTS (eontSnu¢d) riOR THE YILAR F.NDl41) 31 AUC:IJSI' 2021 FEES RECE4 IVABLC 2021 2020 Fees Itceivable ¢on5i5ts of.. %¢hool fees Le5s'. Bursai'i¢s, graiils aiid 411owances C.ovid-19 liardship support Covid-19 Tuition fec rebate (relating to opeiAtional savinbis) Scholaisliips and biirsaTI¢S fiDm olhei. funds: Designated- Bur5aTy Fiiiid Restricted Bursary Fund 16,903,277 12,808,928) 13.55.418) 16,468,351 12,063,443) 1266,9821 1905,1281 1112,376) {113,389) 13.738,931 13.007,003 OTHER EDUCATIONAL INCOME 2021 2020 Studcnt ti'ansJx)rt Equcstiian a¢tivities Extras Registration exam fees Noii-r¥fundable deposits Other 218,983 79,688 167,304 74,700 215,333 74.865 202.545 70,165 ,200 7,051 3.616 544,291 571,159 NET INCOME FROM TRADING SUBSIDIARIF.S The 'friist has two wholly owiied trddiiJ2 subsidiaries. Si Teresa'5 Enterprises ljlllllted artd Ci?iiiiiore Eiitei'prises Limited. Th¢ pi'incipal activitTe5 of both Loinpanies are the organisation and managerncnt of commer¢ial activities associated witli EtTingham Schools .1 rust. 'fiie coininerGial activities ¢onsi5t of the rental of school facilitics. I'h¢ taxable piM)fits of ea¢h entity are donated to the Triist und¢T gift aid. A surnrnary of the irading results of each subsidiary 15 shown below. Profit Lnss Accourtt- St leJ*asx'$ Enterpi'Éses Limited 2021 2020 Tui"nover Adininistralive expenditure 57,947 16,1461 46,037 {3,8761 Net profit Baiik inieitst rcceived 51.801 42,161 132 Reiained in subsidiary 51,803 42,293 St Tere%a's Entcipi'iscs Liniiled is coiiti'ollcd by Effjngliaiii School$ Trlist. One of th¢ diiECtois of the coiiipally is a Governoi. of the Tru%t. Tia115actii)ns witli i-'Ifiiigliaiii S¢liools I i￿St ¢OJ15i5t of a payillent ujider Gift Aid ai)d the intei'coinpany balance whicli are di8¢105ed in the atcouiits arid the note5 lo the accouiits. 23 F.IPI,"INC.11AM SCIIOOI,S'l-RUS'r NOTES TO THE FINANCIAL STATEI MENTS (contiiiuedl roR THE YCAR C4NDED31 AUGUS-1'2021 NET IIYCOME FROM TIUDING SUIISIDIAllllI S (continu¢d) Proftt aiid IA)ss AccoiLllt- Cranmorc LntErpi'i$¢s lJimÉted 2021 2020 Tui'nover Adininisti'ative expcnditure 32,058 17,162} 29,168 18.8251 Retained sn siibsidiary 24,896 20.343 C.i?nmore S¢hoDI Enterprises Limited is controlled by EITingham Schi)Dl% Trust. Both of the directors of the company are Cjovernors of the Tru8t. Transactions with Effingham S¢hools Triist consist of a payineiit under Gift Aid 8nd tlic inteTcompany balance which are disclosed iii the accoiint5 and the noies tf> the accounts. TOTAL EXPENDITURE Tothl Staff Cost5 Othei. l)tpreeif¢tion 2011 Chai'it%blc Activity Teaching costs Welfare Premises SuppoTt GQ51s Gran15 & A wards 8.019.999 256,842 641,529 ,014,034 583,959 1,079,021 1,560,313 611,258 8,603.958 1.335.863 3,146,374 1,625,292 944,532 RAi8iThg futids Finance costs Trading expenditure 62.993 10.288 62,993 10,288 9,932.404 3.907,832 944,532 14,784.768 Prloi. y¢&r Total SIAff Costs Othei. Dcpreriation 2020 Charitable Activity 'reaching costs Welfare Premises Suppoi't cosls Grants & Awards 8.258,210 3 14.688 624,677 1,157,317 656,626 935,516 1,482,025 715,071 225,765 8,914.836 1,250,204 J,112,485 1,872,388 225,705 1.005,783 Raising fiLiid5 'iiianc¢ ¢osis 1'rading expenditure 69.872 8,700 69,872 8,700 10.354,892 4,093,575 1,005.783 15,454,250 24 LII",I",INCIIAM SC.IIOOLS'I-RUST NOTES TO THE FINANCIAI, SI'A'I'II MFI N'I'S (coijtijiuedl FOR THE YEIAR C4NDED 31 AUGUST 2021 TOTAL EXPENDITURE Icoiittjiiiodl 2021 2020 In¢liidcd in expenditure is.. ALiditor's remuiieration ALidi¢ of the finaiicial statements Otliei. non-IlLiilil sei'vices ntere5t payable Opcrating leages 30,720 7,290 62.99.3 193.138 28,320 6,960 69.872 207.436 srAFF COSTS 2021 2020 Wage% and salai'ies Social 8eeuTIty C05t5 Oiher pension c08t% 7,771,313 775,600 1,340.456 7.979,660 821,846 1,553,386 9.887,369 45,035 10.354,892 Reslrucluriiig ¢0515 9,932,404 10,354,892 rull Tinie EquivAleiit 2021 Full Tim¢ Equii'alent 2020 Avg. No 2021 Avg, No 2020 The average iiiimber of einployees in th¢ yeaT was-. Tea¢her5 Othei. 128 120 76 83 106 201 247 196 237 The nUTnbcr of employees whose cmoluTnents exLeeded £60,000 weTe'. £6Q,Oa1 £70,000 £7Q,001 £80,000 £80,001 £90,000 £90.001 £100,000 £120.001 £1.30,000 £130.001 £140,000 £14Q.001 £150,000 Contribiitioiis were made into a defined beii¢fits i)en5ion scheiiie for ¢ighi12020.. leiil of Ihe lii¥her paid einployees for cight months and then into a ittoiicy piircliase pensioD scheine for foiii. ii)oiiths. Conli'ibutions were inade illto a money purchase scheme for the entir¢ yeai. for one12020.. two) einployee. Total conlTibutions weiE £137,810 12020. £225,767). Neither tlic Govemor% nor pc15011s connected to thein received any remunciiliotj {2020.' none). Persoiial expenses incurred by the Governors during thc yeai. totalled £444 (2020.. £2,114). Key inanagieinent peisont)el ¢oiiipi'ises thc School Heads and the TTu%I Senior L¢adeiship leam. Key Inanagement personnel r¢c¢iv¢d reiiiiineralion of£716,854 {2020.. £906.263}. 25 i.FfilNGIIAM SCFIOOIts TRUS'r NOTES'fo THE FINANCIAL STAI'EMCNTS {eoth15nue(l) r4OR THE YEAR EIYDED 31 AUGUST2021 7. TANGIBLE FIXED ASSCIl'S- GROUY &'I'RIIST Buil(ling Imijiovements Motoi. Eqiiipmcnt Total COST At I Stptcniber 2020 Additions 17.588,085 2,946,258 121,649 1.420,900 79,044 49,267 4,995 22,004,510 205,688 At 3 1 August 2021 17,588,085 3.067.907 1,499,944 54.262 22,210,198 I)EPRECIAI-ION At I September 2020 Charge foi. the year 2,439.800 480,630 1,fj27,845 234,237 626.550 217.052 32,020 12.613 4.626.215 944,532 At 31 August 2021 2,920,430 1,762,082 843,602 44,633 5.570.747 ,NET BOOKVALliE At 3 1 Augiist 2021 14,667,655 1,-305.825 656,342 9.629 16,639,451 At 31 August 2020 15,148.285 1,418,413 794,350 17,247 17.378,295 INVESTMC4 N-I'S Ti'u5t 2021 2020 L'nlisted Inveslinentg Tliis represent5 the cliai'iry's investiiienls iii wliolly tswned subsidi21'ies, St'fei'esa's E.nt¢iprises Liii)ittd 2nd Craniiiorc School Et]lerprises Liniit¢d. Group And Ti'll5t 2021 2020 1•15t¢d invesljnents At I Septetnbei. 2020 Traiisfer of assets fyoiii Craniiiore Scliool (note 71 Additions Unr¢alised gains l{Ios5csI on investiM¢nts 768,964 770,378 23,355 (24,7691 20.808 121.568 At 31st August 2021 911,340 768,964 26 I,I.'FINGIIAM SC:IIOOLS'fRUST NOTES TO THE FINANC.IAI, 8.1.A'rri MEN'E'S Icontinucil) FOR THE VEAR ENDF,D31 AUGUST 2021 DEBTORS Group 2021 2020 2021 2020 Receivable within one yeai.: Fees and exti?.s Other debiors and prepaymetils Diie fron) 5ub5idiaiy iindeitaking 40,397 96,940 246,318 40,397 153,327 13,978 96,940 243.712 7,627 213.208 343.258 207.702 348.279 10. CREDITORS: amounts falling diit withiii 0￿e yegr Gi'orEp 'rrust 2021 20211 2021 2020 Bank loan Taxation and social security Trade creditors OiheT credilors and aLfjI-ua15 Parcnis, deposits and fees iii advante 152,210 -342,008 479,441 222,154 1.817.953 149,692 393,439 263,116 239.651 1,488,099 152,210 342,008 479.441 213.994 ,817.953 149.692 393,439 263,116 231,702 1,488,099 3,013,766 2,533,997 3,005,606 2.526.048 I I. CRCI DI-I'ORS.. ¥￿0￿111tS falliiig dlle 4fter moi'e thall olie year (Lontilluedl Group #nd Trust 2021 2020 Bank loan P&i'ents' d¢posit5 and fees in advance 1.982,558 1,023,982 2,134,883 1,0.33,700 £3,006,540 £3,168,583 2021 2020 l.olig tei'm loan obligations are repk)yable as follows.. Betw¢¢n two and fivc ycai3 In five years or more 645.015 1,337,543 645,316 1,489,567 Due aftei. Iiiore than on¢ year (see above) 1,982,-$58 2,134,883 Due within one year15ee note 101 152,210 149.692 Loan balance as at 31 August 2021 £2.134,768 £2,284,575 Tn April 2018, thc Tiusl entered a loan aEiremeiil for £1.6tn with an inteiESt rnte payable of Bank of Englaiid Basc Rale plus a rate 2.050/0 per %niium.-I'lic loaii is rtpayahle over 180 cotiseculiv¢ monthly inslalinenls, the final payment being due in May 2033, and is securcd by way of a first Icgal cliarge oli the 1'riisl's fireliold laiid and buildiiigs. 27 Li li filNGIIAM SCIIOC)Its-I'IIUST NOTIIS TO THE FINANCIAL STATEMENTS (contirtiied) FOR THE YEAR ENDED 31 AUGUST2021 CREI DITORS: amoiiiits f#lliiJg After nioi'e tlian one ycai. Icontsnuedl In SepteTnbei' 2018. the Tiiist cntcred iiito a loan agre¢m¢nt for £l.Om with intcrest rate payable of 3.8750/D per annuiM.-l-he loan 15 Irpayable iii 180 ¢onsecutivc monthly in51alments in respectof principal only. uJmmen¢ing l inoiiih aftcr the date thc loan wa5 borrowed. The Trust also has a £0.5Jn secured oveT(Irall facility wilh Lloyds Bank. 12. 1,'Tr.LS IN ADVANfC SCIII.:ME Parcnts may enter into a ¢onlrdCt to pay tlie TTUSI in advance for fixed colltribuli0115 towards the tuition fees for up to rive years. T]ie money It)ay be returjied subject Iu specific conditioiis on Ilie receipt of notice. A5$11ming piiptls will Irmain with the Trust, fees in advaD¢e will be applied as follows.. 2021 2020 Summary of movetnents in liability.. Balance as at I Septeinber 2020 New contracts Atnounts Used io pay fees Amoiints refunded 375,653 250,Q65 (158,0271 1107,8191 179,-358 282,824 (86,529) Balan¢¢ as ai 31 Aiigust 2021 359,872 375,653 13. PENSION COMMI'I"MENTS Teacljing staff The Trust participated iii tl)e Teachers, Pension Scheine {"tlie TPS'I for ils teaching 51afl' until 30, April 2021. Following consiiltatioii with 51aff, the T¥usl left Ilie scheme and Set up a defined contribution sclieme with Royal l.ondon on I. May 2021. The pension charge foT the year includes contributions payable to the TPS of £830,317 {2020'. £1,344,883) and al the year-¢nd £nil12020.. £108.9311 was a¢crued it) respect of contributions io this sLlienie. The pension charge foT the yeai. also in¢liides ¢ontributions payable lo ihe Royal Lojidon Scheme of£299,825 {2020.. £iiil}. Non-tegchiijg staff Thc'l TU%t offen d¢fined Contribution group personal pension plans thTou¥h Royal London and Aegot]. The Tru5t'5 contributioiis to ihe peiision schenies of non-¢eachitig slaff in tlie year were £210,31412020: £208,590), representing contributioii rate of beiween IOO/o and 16.4Q/ts. Under aiilo enrolineiil regLTlations all eligible employces In115t bc enrollcd in a qualifying pcnsioii scheme. The Ti'ust IM¢et5 tlii5 obligation and all eligiblc job holde￿ eontiiiuc to be enrtslled either will) Ilie Teacliers, Pensioii selien)¢ or one of tlic GIDiip Personal Pension PlaM5. 28 [4 1.'b'lNC'IIAM SCIIOOLS TRUST NOTC4 S TO I'HE FINANCIAI. S'I'A'fiiMI:, N'I'S ItoJJ¢inueill roR THE YCIAR ENDED 31 AUGUST 2021 14. CIIARITY'S ACTIVITIES 1.lie Staleinejil of Fittancial Activities iiicluded with the accounts consolidates the activitics of the parent cliarity, F.ffingham School%'fTUSt aiid of ils whijlly owiied subsidiaries, St Teresa's Enterprises Limited and C.ranmore Sch￿1 Enterprise% Limitcd. A SLimniai3 of the Ir5uIt of Iht pairnl charity IS bTiven below. 2021 2020 .1 Tu%1 Incom¢ Transfer of Asset5 14,564,970 14,237,385 7,465,414 Total Inconie Total Expetiditure 14,564,970 21,702,799 {14.771.4601 115,441,549) Net {Lxpcndilur¢y Income {206.4901 6,261.250 IS. OPERATIliG LEASE COMMI ITMENTS Motoi. vehtcle$ 20ZI 2020 Amoiints due: Witliin oiic year Betweeii l and 5 years 49,450 94,643 44,936 123,913 144,093 68,849 Photocopiers 2021 202 Within one yeai. Bctwcen l and 5 year 30,354 8,233 18,579 49.045 38.587 16. CAPITAL COMMI'I'fvIENTS The Trust had capital commitments of £231.59412020'. £nill at the balance sheet date. 17. SIIMMARY OF MOVEIMENTS ON FUNDS At I Septtrnber 2020 At 31 August 2021 Iijcomt Expeijdituie Gains alld Losses Geiieral fiinds Dcsignateil fund% Rcsti'icled fuiids 13,752,628 14.592.309 114,784.7681 121.568 13,681,737 Total funds 13.752.628 14,592,309 114,784,7681 121,568 13.681.737 29 Lf4FINC.HAM SCHOOLS TRUST OTES TO THC filNANCIAL s'fATF,Mli N-rs (cot)tiiiuc