EFFINGHAM
ST TERESA'S . CRANMORE
Effingham Schools Trust
Annual Report and Accounts
For the Year Ended 31 August 2022
Company Niiinbei.: 04509623
Charity Number.. 1095103
Effinghain Schools TrLlSt,Effingham,Sui'reyyRH5 6ST

I FFINGHAM SCHOOLS TRUST
COVERNORS. REPORT
YEAR ENDE4D 31 AUGUST 2022
The Heritage and Values of fl ffIngham Schools Trust
In Septeinbei. 2019, St.'l eresa's Effinghain and Cranmore Prep School fomied an exciting partnership and joined together to
create a new entity, p.rriiighain Schuols Trust ("Ihe Ti'usl"}. Tile Trust brii)gs logether two outslanding s¢hoo15 Wlth great
heritage and track i'ecords located Llos¢ to one anoihe¥ in a beautiful aita of SLINey.
With two superb school sites situated in the Suri'ey Hills {ovei' 80 aciES) and outstanding facilities, Ihe-lriist is in the fortunate
po%itioii ofbeing able to olTei' an innovative model ol'schooling loi. Ix)ys and gErls Iroin the age of2.18. '1'he new pai'lnersliip
ha% enabled the lorination of co-ediicdlional sLhuuling for tlie Early Years on the Crdnii)ore site, followed by single sex
educaiion up to the age of 16 (boys at Craiimore, girls dt St.-feres(I's}. In 2025, the exibting Sixth foi'in at St. Teiesa's, will
be opened to boys with a coinbsned co-educational Sixth foiin caterEng for up to 200 sttidents.
This model offers the academic benefits of single sex education along with the social benefits that will come from the many
joint activities belween the two schools. The best of both worldsl
-rhe seiiior leadership teams cuntinue to wurk together to ensure th<lt the benefits of pai'tneiBhip are benefitting the childi'en
and students iii oui. care. Both schoo15 have a tradition of exceptional pastoi'al care, born out of their Catholic foundations,
which ha5 served ihem well in these thrbulent tiines.
The two Trust schools share the sain¢ value5, ethos and high standard5, and a111105t 1,100 pupils and over £20in of assets, the
Trust is very well placed for the future.
The Cyoverning Body
The Board of the Effingham Schools Trust Es made up of governtsrs as follows..
Mrs Annette Tiirner (Co-chalr)
Annette Tumer bccame a Governor of St Teyesa's School in March 2014, Chair in Sq)tember 2017 and Co-chair with
Michacl Flendcrson on I September2019. She graduatcd fvoin Cainbi'idge University having studicd geography, is a Meinber
of the Chaiiered In8titutc of PcTsonncl and Development and has a Mastcr's Degree in Pci'%onnel ManagcmeT]t from Kingston
University. She lives in Fieicham and recently retired as Vice Presideni, HR foi" a US multinational F.ngineering and Project
Manageiment coinpany with a regional offIee in Leatherhead. She has ovci. 25 years, experience in 14uman Resources, is an
active Ineinbei. of the Catholic Chiirch of Effingham and Fetchain whcit she is a Catechist on the Confinnation
Programme. In addition to being Co-chllii., she thairs the Academic and Staffing Cominittec.
Mr Mike Henderson (Co-chair)
Michael Flendeison wa% a Ciovernoi. of St Tere%a's School froit) 2003 10 2014, a Govemor of C.raninore School froiii 1994
and Chclil. froin 2012. On the fom)atinn of the E￿InghaM Schools Trust in Septeinber 2019 he betaine Co-chair with Annette
Turncr. He qualificd in London as a Chaiiered Accoiintant iii 1961 and joined a small indu5kn.ial Groiip in 1965 latei. renamed
Cookson Cjroiip PLC {a FTSE. 100 Ctsinpanyl 1984. Hc w8S 2PPOllltcd to thc Bnard in 1975, Managing Diitctor and then
Chicf Executivc fil)1￿ 1978 and Chairniaii and CEO in 1989. Hc has livcd in E28t Horsley sintc 1973 and is all aciivc nieinber
of the Ccltholic Cliiirch ii) Effinghan), a Council Member ftiid on tlie Cxecutive Coiknmittee of the tholic Unioii of Great
Britain and was appointed a Icnight of Ihe Holy Sepulchre of Jei'usalciii ill 2005. In 2022 he was awarded Icnighl of Si
Gregory (KSG), a Papal Awai'd, for his services to Catholic Education.
Mr Michael Aglus
Michael Agius joined the-frust on I Septcinbei. 2019 having been a goveimor at Cranmoir sinee 2013. Michael Agius is a
Cliartcird r..ngineei' aiid fcllow of the Institution of Ciyil b.ngineers. He started woi'king with 14eilfoixlshire C'ounty Coiincil
in 1966, rnoviiig to Suri'ey in 1974, Iiviiig fii'st in fetch&m and then nioving to F.ffinghain in 1978. He worked with
Leathci'liead based civil engineei'ing coiisultaiits FlowaTd Flumphrcys/13&RIKtJR, staying witli thein until hc retiTed at the
end af 2005. 20 yeai's of this pci'iod was spcnt ovci'seas, 15 years in Tanzania, 10 year5 as Managing Director of I loward
Huinphieys Tanzania and then 5 years in Giecce, as onc of threc Pi'ojcct Managei's on the consh'iiction of 680 kin of inotorway
froin the Adriatic to'l iii'key. Ile l)as been ail active parishioner at P.tTinghaiM aiid bctchaill since 1974. He was pi'cviously the
Lhair of the CraninoTe Finaiice and Geneial Purposes Coinmittee and is tlie'frust's lead Govcrnoi. for Catholic cducation.

EFFINGHAM SCHOOIS TRUST
GOVERNORS, REPORT
YEAR ItNDE4 D 31 AUGU.8T 2022
Mr.5 Heather Breiinan {relired 15 Marcli 21)22)
HcatheT Rrcniian has been a Governor at St Teir8a's School since July 2013. She 18 a rctircd hcad teacher with over40 years,
expei'ience in UK and Inteinational schools and has rwently stepped down as Chair of the Baai'd and Ownci. of a British
School in Qatai. that cateis for over 1.000 pupils. Heather brings a wealth of experience ill teacliing and school inanageinent
to the Trust atid chairs the A¢adeiMic and Staffing Coinmittee. She is al.80 involved in the local Pai'i.%h church.
Dr Nicli Clarl(¢
Nick Clc1rke joined becaine a goyernor of St Teresa's School in Janiiaiy 2019. He started his career in acadeniia as a
matheinatician spccialising in research iii tlic field of Coinputational fluid dynainics. For the last 25 years he has been a
quanliiaiive analyst in the investinenl indusrry. applying science and technology to the arl of geneiating good investment
retiirns while controlling I'isk. He lives in Guildfoi'd with his wife Charlotte and their two boys who are attending RIos50m
House and Ripley Court, local private schools.
Mr Simoii Fislier (resigned 21 Julie 2022)
Simon fi%hci' bccaille (1 gov¢1￿01. at Cranm(JTe in Junc 2019 and joincd the Triist on I Septcinbcr2019. Ele is a hisroiy graduate
frorn P.xetei' University. Siinon l)8s 15 yeaTS of expeTience iii indcpeiident schools. His teachiiig career began at Wycliffe
Collcgc in CIlouce8teTshirc where hc w&5 Itll tt%5iStant housemastei" foi. seven yeai's and latta'ly Director of ICT and a meinber
of SMT. He Inoved to Worth SchoDI in 201 l Bnd was promoted to Deputy Head (Acadcmic) in 2015. He be￿me the
Headimastei. of DoveT College in Septeinber 2020.
Mr5 Anne Fort
Anne foi't joined the TTllSt oii I Septeiiiber 2019 having been a govei'nor at CraniMoiE for imaiiy yea15. Aline 15 the Chair of
the Acadeniic and Safeguarding Coininittee with re5poiisiI?ilitic8 a% both the 81)ccial Educational Nced% GoveTnor ai)d
Ci'aiimoi'e Safegiiardiiig Governor. She is a ineiiibei. of the Cliaiieied Institute of Liiigiiist% of thc In81itiite of Translation
and Intej'pi'eting. Aftcr WOTking for a large Iniiltinational maniifactiii'ii)g coinpany folloived by a Tein8uitiite coM)pany, 8hc
has I'iiii her own biisin¢ss as a freelance tTanslator foi. the past 30 yeai's. She is a practisTriig Cathi)lie aiid also an Official Prisoii
Visitoi..
Ms bally Hall
Ily Flall becaine a govemoT in March 2020. She 15 a Geogiaphy gradiiate of the University of Sheffield, where She a150
gained hei. PGCE. Sally has taiight 113 the independent sectoi. foi. alinost 20 year5 and is l)epiity klead I'astoral and l)e5ignated
Safegiiat￿1IIg Lead at St CJeoi'ge'5 Lollege, Sally is also pait ot Siiriry's Scliools aiid F.diication Safegiiarding ForLlllI. She
lives iii Weybridgc and enjoys travel, cooking, jogging and ivatching In05t spoits, especially her lioine teaim, WolveThainptOTI
Wand¢r¢rs.
Mrs Sally lloyes
Sally Haycs becamc a govemor of St Tciesa's School in July 2014. Sh¢ is th¢1¢8d gov¢rnoi' for St'feiesa's Ilrep School and
is a member of the Pastoral and Safeguarding Coinmittcc. she was a Lli)yd's Brok¢r foi. ¢ighte¢n ycars b¢for¢ b¢coming a
mother to twin daughters who were educated at St. Teresa's. She now works as a nui%ciy assistant at a local school. She
was Chair of thc Friends of St. Teresa's foT cight years. She is the Designat¢d tioveinor foT Child Protection.
Father Alex Hill
ry Alex l.lill becaine a govemor of St Te￿a'S School in July 2013. He is a meini)er of thc Pastoral Committcc and
safegiiai.ding Coinmittee. 14e is a niarried Iloman Cathi)li¢ pai'ish pi'iest in W¢st t3yfleet with two primary agcd childrcii. Hc
is a fOr1￿¢r Anglican clei'gyinan who converted to Catholicism 13 yeaTS ago. Fle has a degire in pi'iinaiy education and a MA
in Theology from Leeds. His intcrcsts includ¢ Fl, Tudorlstuart history and church art.

F.riFINCJ14AM SCHOOLS TRUSI.
GOVEI IINORS, RC4 PORT
YEAR ENDED 31 AUGUST 2022
Mi. Daniian Hoiiey {APPOillteil 15 Mareh 2022)
Ddn)ian I lojiey becaine a Governoi. in Febi'Liaiy 2022. He wa5 ediicaled at Stonyhiii'5t College in l.allcashire. and is a Law
Giaduafe of the Univei'sily of ShetTield. After stiidying at Bar SchLioI in London dnd qiialifying a8 a barrister, Damian then
requalified as 501icitor, Since 1996 Daniian has woi'ked foi. Holman Feiiwick Willan LL.P. In 200.3 he b¢came a parEnei' of
the fji'jn. Sijice then he hab served tenns on the MaDageinent Board and Sti'aiegy Boai'd of tlie firm, and is cuircnily the l.lead
of Intei'iialional Arbilratioi) and the Global Key Cliejit Partner. He is a Freeiman of thc City of l.ondon and a Livcryman of
the Woi'5hipful Coinpany of Bowye￿. Dainian hos lived in Great Bookhain sinee 2002 aiid his two daughtei's attended St
TEre5a's.
Dr Cathy MeMllll#n (i'etii'ed 21 June 2022)
Cail)y Mcmullan joiiied thc Trust on I Septcinber 2019 havino bceii a govei'noi. ar Ci'aninoi'e siiicc 2009. Slie is a i'ecently
retired a5 a GP who woi'ked in Ciuildford foi. ovei. Iliii'ly ycai'%. he obtaiii¢d a BSC iii physiology followed by hej. Jiiedical
qualifications at Bi-istul UnivLI'.%ity and woi'ked iii Bi'islol cind then in Kenya for several years. She takc5 a close iiitei'est in
Healili and Safety and Lhairs the CianinoiE Health ai)d Safety Comimittee. She has heen a Iriistee and an involved SUPPOTler
of ilie IoLal c11arily Cheriy Trees, the iespire care hoine foi. cliildi'cii iyith leai'niiig disability. Pler IWO son8 attended Lraiiiiinre.
Mr lain Moi'gwa
lain Morgan became a govemoT of St Teresa's School in January 2017 and since Scpteinber 2018 he has chaired the I,"inanc¢
aiid General Puwoses Coininittee. He is a Chariered Accountaiit and a C.hartercd Fngineer with ali r,.ngineeriiig BA froin
Cambi'idge University. With over 30 years. experience Finance he is working as a finance Director at an intci'nationally
imporlani Civil Engineering contractor where he also chairs a pension fund cominittee. lain is maiTicd and lives in B()okhain.
His 3 daughtery weiE all educated at St Teresa's.
Mi. Juliii RDurlie (#ppuinted 15 March 2022)
John Rourke began his acadeinic cairer lecturing in the UnivcrEity of Wales. He subseqiiently moved into scliool teaching.
becoining Head of Gllnnersbuiy School in West London, and ultimately the founding Principal of a Catholic sixth forin
college, Si Charles, ylso in London. Upon retireinent in 2002 he co-founded and managed thc educational consultancy ALPS
(A Level Perforindnce Systein) for a furrher fourteen yeais. He ha5 served as Cjovemor at several ediicational institutions.
including being ChaiTman of a University College, an Acadciny, and St. Georgc's College Wcybridgc. He has also s¢rved on
local and national eduLational bodies. aiid on the educational boards of two dioceses. Ile was appointed CIIP. {New Year
Honoui's 2000) 8nd KSG (Papal Hoiiours 20021. He lives in Wcybridge, is active in parish life, and became a Gov¢inor of
the Effingham and Cranimoir Trust in 2022.
Canon Paul Thomp50n (appointed l Oetober 2022)
Caiion Paul joii)ed the Effingham Schools Tiust in October 2022. Educated at Cuddesdon Theological College and ihe
Univei'sity of Oxford. He wa5 ordained to the priesihood in hi5 homc Diocese of l.iverpool, initially spcndillg thire yc3rs as
Ciirate in Kii'kby new town, before moving to an ecuineniLdl &ppoin(Incnt in the woi'ld of education and ind115try in Knowslcy.
Joining the Briiish Anny as Chaplain soon followed and in 2001 Paul was appointed Senior Chaplain at b.psom Qollcge, a
co-ed HMC boarding s¢1)ool. Foi. the lasi Ihree academic ycaT8 he has been working part linie at St .1 eresa's, teaching and
assisting the work of th¢ chaplain. He is an Hon. Canon at Cjuildford Cathcdral, and firmly believes it is a privilege, to be
called lo work with the pupils and stsff coinmitted to our LaiE amd over.giglit in the field of education. Although now living
in Noi'ih Norfolk, Canon Paul hopes to play his full pai1 in thc tru.%t and prays ihat this will bear frLllt that will endure.
Mrs Maureen Wilkinson
Maureen Wilkinson has been a governor at St Tei'esa's School ginee Deceinber 2015. She is a mcmbci. nf the Finance and
tieneral Purposes Coininittee and is the St feresa's Healih and Safety Icad govemor. She is a property solicitoi. and Icad5 the
iesidential Real Estate teain of DMH Stallai'd as a parinei. in GuildfoTd, having previously been a pai'tnei. at A WB Partnei'ship
where she qualified iii 1989. Maureen lives in West Clandon is a forinei. pupil of St Tcresa's. togeihcr wEth lier sist¢rs.
aiid is very intei'ested in tlie developinent of the equestrian centTC having Previously represented the School in.%how juinping.

EfifilNGHAM SCHOOLS TRUST
GOVERNORS, RKPORT
yE4AR F.NDF.D 31 AIIGUST 2022
The Govemors of Effinghain Schools Trust prescnt thcir Allnual Report and Awouiits for the year ended 31 August 2022
under the CoJi)P£Jnies AL(2006 and the Cliaritic% Act 2011, includipg tlie T)irectors' Repoi1 and Stiategic Repoit under the
Coinpdnies Act 20Q6, tlie Mcinoiandum and Articles of Association and the Charities SORP 2015.
History Aiid Constitution
St Tcrc%a'8 Sehnol was e8tablished in 1928 and was previously operated by the Institute of the Religioiis of Christian
Instruction. St TeTesa's Sclioo5 F,ffinghain Triist was sei up on I Sepieinbei. 2002 and is a chai'itable coinparty limited by
guaraiitee. The Trust was renained the Effinghain Schools Tnjst on I Septeinber 2019 as St Teresa's School merged with
Craninore School on that date.
Cianinore School was established in 1968 as a Roinan Catholic School as part of the Diocese of Arundel and Brighton
Charity. In order to better manage rhe School, it was agreed to It)ake Cranmore School a coimpttny liillitcd by guai2iitee
operating as a charity in its Liwn l'ight on 31, Augiist 2011.
The original Meinorandum and Articles of Associaiion of St Teresa's School Effinghain Trust, dated 9 August 2002, have
been amended although the new Effingharn Schools Trust Articles of Association dated I l Octobor 2019 are sub%tantially
the saine.
The Charity has two wholly owncd subsidiai'ie5, St l eresa's F.nterprise5 l.imited and Cranmore Enterpi'ise% Liinited, whosc
principal activity is ihe organisation and management of the coinTncrcial activities associated with the-l'i￿St. The commercial
activities primarily consist of the rental of School facilitie5. A SUTnmary of the activities of the siibsidiaries is outlined in
note 4 of the accoiints. The accounts of the trading subsidiarie5 are con5012dated with the accounts of th¢ Trust. All subsidiary
profits are gift aided to the T7￿$t augment the funds available for bursari¢s and assisted plac¢s.
Objtcts
The objects of the Trust are 'to advattcc edutation by conducting any boarding or day school or schools for children of the
Roman Catholic religion with or without other Christian or non-christian childi¢n, and to carry on Such oth¢r charitabl¢
works as advance the Roman Catholic ieligion,.
Ain15
The Trust will encoiirage each piipil to rejoice aiid do well through the pursuit of acadeJni¢ excellence across the curri¢uluin
and beyoiid,. will provide siippoi1, eIicourageincnt and challcjige to every pupil to develop Iheii. full potential in piyparation
for tlie futiire. and will pi'omote li1￿ standards of persotial beliaviour and the development of Inoral and spiritual values in
each pupil.
Vi510ll
The TrL]St prides itself on hclping each studcnt to realise hislher a¢ademi¢ potential and, as a Catholic school, recognises the
gifts atid talents of all th¢ childr¢n and young people. 'l-herefore, the oveiall perforniAnce of the Ti'ust is of priine ijnportance
but not at the cost of tlie iiidividual pupil. 'Ilie Trust will not rcJiiov¢ weak pupils to iinpi'ove league tables but will work with
eacli pupil to l)elp liiiii ol. hcr achicvc the bcst of his oi. hei. capabilities. Siblings will Bain autoinati¢ entry to the Ti'ust (ind
pupils in tlie l)JEp Schools will Iiave an autoinatic riglit of entiy into the Senioi. Scliools pi'ovided their litei'<lCy and nuinei'dcy
abilities enable thein to access the Senior Schools, currieuluins.
Oui. schools have a Cailiolic ethos with strong, clearly defijied values expressing Faith, Coininuiiity. Characler, Coinpassion
and Intellect that al'e accessible to all, undei'stood by all and ai¢ lived by all in the School coininunily. The Pastoral
oi'ganisatioji of the Scliools is designed to help sllPPOI't these valii¢s and care for ea¢li pupil as an iiidividual withiii the SLhool
faiiiily. The Schools value theii. staff, both teaching and suppoi1, giving tlieiii evely opportuiiity fur pei'gonal developijient
thi'ough trailliiig, CPD and ai)Jiual assessineiit. 'Fhe Schools will be fully iesourced over timt in buildings, fatililies and
equiptiient to provide an ejivii'oiiiiient that enables delivery ofihis vision for the Trust. Tlie Inergei. between the Scliools to
ci'eate a co-educational Diainond Model scliool ofyers the bejiefits of the co-ed classi'ooin to young pupils. the benefits of
single sex iii latej. pi'ep and secoi)dary years, befoi'e fiiially retiii'i)ing lo co-educaiion at Sixih Forii) with shared values aiid
ethos. We believe that this lias opeiied up excitiiig possibilities whicli will build on the vison and a¢hieveInents of both
scliools as they Inove foi'wai'd togethei. with reiiewed confidence to develop the diamond nivdel Of educatiun in tliis part of
Surrey.

ri,FfilNCHAM SCHOOLS TRUST
GOVTrRNORS' IIEI>ORT
YEAR ENDEID 31 AUCUST 2022
Publie Bentfit
The Governor% Tccognisc the diity iinposcd upon thein by S¢ctioii 17 of the Charities Act 201 l and also the requirement to
have diie rcgard to the gencral guidancc provided by the Charity Coii)Inis5i0n in conncction with Public t4cnefit.'The Catholic
ethos and values of thc 8cho()l% lias always been to ¢ncouragc studcnts to be outwar(I looking and coii)passionate towards
others and this is dciMonsb?ted through nuineiDus charitable projects which take place across the year.
During the yeai. the'l rust continucd to enhance its links with the local coinmunity. A numbeT of local schools have accessed
the Trllsl's educational facilitics, for exainple local sports clubs and state schools have used the I rusi's swiimming pools,
sport5 h2115 and sport.s pitc1]c￿ and local childr¢n r¢gulai'ly tiain at the £chools. I,ocal chLirches and chai'ities have iitilised the
Trust'.% theatrc and othcr facilities and the Ti'ust's facilitics air also pi'ovided without chai'ge for deaneiy meeting5. The Prcp
Scliool Choir aiid CIEninore LhoiiE hav¢ supw)rted local ¢vent8 such as the village harvest festival and Chrishnas services.
Thc 'l'ru8t has been active in suppoiting Inany charities, including Canccr Research, Macmillan Cancel., Chciry .1 rcc5,
Shooting Star ChildiElI'S Hospice, Place2Bc. IIT¢ainsScas, The Prince's Triist and St KiY.ito School. As part of oiii. Hai'vcst
Fcstival cclcbration%, more than 400 food iteins wci'c collected for Dorking foodbank which pupils then helped io dclivcr to
thc Foodbank warehouse- at Chri5tsnas, pupils took part in The ShoeLx)x Appeal with shoeboxcs being filled with gifts foi.
children who would otherwis¢ not have anything to open on Christmc1S day; the wliole commiinity Te5pondcd gcneTDl151y for
our Ukraiiie appeal. donating essential items that were then driven across to thc PoliEh borcr to help iEfugees from Ukraine.
our sponsored Walk against Hunger raised almost £400 for CAFOD to help starving people acros5 the world.
Thi.5 year the Trust awarded scholarships, bursaries (including 100 /0 assisted plates) and allowances of £3,161 k iCPTcscnting
170/0 of giDSS fee in¢ome of which bui'saries and assisted places represented 5Q/o of giDsq fec incoiiTrc. 'fiic GoveTnor8' policy
is to award seholai'ships on thc basis of outstanding ability and to provide bu13ftries as 5UPPOrt loi. parents in financial
difficultie5 to enable their Childrcn to reinain at the School. This year £66k of funding wa8 awarded to families continuing
to cxperEence.5ignificant finan¢ial hardship as a I'esult of the pandemic.
The T￿v5t oPe￿te5 an Assisted Places Schcine for children who would not ordinarily be able 10 afford Ihc fee5. A iiumbcr of
pupils were covered by the scheme, including Irfugcc children froin Ukraine, and the total bcnefit f(Jr assisted places this
year was £81 k.
STRATV.C.IC RF.PORT
RF.VIF.W OF ACHIF.VEMENTS AND PERFORMANCE
The Schools this year
Emerging from the remnants of the pandemic, the year has seen the schools return to fully vibi"ant, interactive and ciigaging
environinents. With support from pupils, their parents. staff and GovemoiB, the schools continuc to grow and develop.
ST TERKgA',V,gFNIOR SCHOOL
A¢ad¢mic
The School contiiiues to provide an excellenteducation foi. all pupils. Staff have continued to provide a high-quality educatiort
that has enllbled gil.ls at GCSE and A level to achiev¢ excellent results. Details of our A Level results may be found in the
tablc below..
ear
Enti'ics
112
130
A*_B
87/0
83.9Q/D
88%
56.9°/
A*_C
97Q/D
92.40/0
022
021
020
019
018
23..2 /0
4.6Q/o
9.30/0
.9/
O°/0
5.40/D
5,/0
9.4/0
90/0
IOOO/o
loo/.
102
113
84.3Tr/0
83¥.
2.2Q/o

I fi FING'HAM SCHOOLS TRUST
GOVERNORS, REPORT
yI4AR ENDED 31 AUGUST 2022
'riie A Level Cohort deinonsli'ated the sti'ength of iheir aeadeiiiic ability tlirough a fantastic set of results,. indeed, they wei'e
recoJ'd-br¢akiiig, with 700/0 aehieviiig an A or A* It Imyst be borne in Inind tliat these pupils did not sil Ci('8E ¢xaininalions,
but wcro subject to I'ACJ glades. 'Ihey did iiot, Iheirfore, have ai)y experience of public exaininations. All were siiccessfiil
in gaining places at university. with 60 /¢ atteftdiiig a Russell Group Univer5ity- again, anoiher record.
Our (ICSE I'esults are below..
19.8
17.5
17.5
72.8
16
88.8
100
Value Added grades continue to be truly exceptional at GC.SF..
Sports Departmcnt
Cui'rieulum PE GCSE PE results were excelleni, with 71 /0 of siiidents achieving a grade 6 - 9, 50/0 of students a grade 8-
9 and 26/ts of sttidenrs a grade 9. In A Level PE, IOO/o of the sttidents achieved an A or B.
Sport The school provides a full extra-eurricular tillietable in our Inain sports for all ages groups, which includcs a fiill
fixtures schedule in nethall, hockey and swiimming within the Aiitumn and Spring ternis. In the Suminer teini. the shidents
participate and compete in alhlelics, cricket and tennis. Clubs take plaee before school, at lunch time and aftei" school, to
Inaxiinise the girls, oppoilunities and progression. SOCS is being used siiccessfiilly to cominunicate with students and
Parents. Team sheets and instriiclions are emailed directly to those cliildren selected and equestrian have also been infoiincd
on how lo use the system, for a whole school apprikach.
The sports weekly bulletin has been a great way io highlight siiccesses and the biisy spotting life at St Tei'esa's to parents and
the wider coii)munity. Inter~house competitions have involved the entire school in hockey, netball, cross country and athletics.
Hnckey The U15 tcam werc thc 5th bc5t hockey tcain in the County and finished tnp 6 in tlie ISHC National Plate
Competition. A rtuinbcr of these lJl 5 girls were sclcctcd and playcd iii the Lngland Hockcy Challengc Cup ai)d won itl Many
of our Students havc also bcen sclcctcd for thc England Ilockcy l)layer Pathway, ljerfomiance Cciitre Squad5, Sunyy, and
London Acadciny. This was our first year paitnering with Cjuildford Hackey Club. an exciting prospect for the futurc.
Cros$-Country Thc succes8 of early niorming clubs ha5 IEsultcd in a niiinbcr of Cr05s-Country win8 throughout the yeai.,
with five students qualifying to Ycpirscnt SutTCy in thc Cr05s-Country finals. 8t I'crcsa'.% arc now within the top 20 schools
in thc countiy for juniorgii'ls after qualifying against hiindrcd8 of othci'5chools 8ciY)ss two Th)und￿.'1'hI8 15 a huge achievcnient.
Five students have qualified for Ilie Modern Biathlon and British School's Biathlon finals qiialifier5 held ai University of
Bath in March. One of these students is currently 1st in the tountsy for the National Scliools Biathlon.
NtthAII The partnership with Sui'rey Stoi'ih has iesiiltcd in Surrey Storm Acadcmy players on site each weck building link8
witli oiir 6tli lorm and y￿r I I girls, and specialist coaching fi'oni Surrey Storm Pathway coaches in holiday inaster cla55es.
Several students have be￿1 s¢lected foi. coiinty squad5 and the U15A teain qudlifitd foi. the Surrey Finals held in Mai'ch.

EFFINC.HAM SC.HOOI,S TRUST
GOVEIINOR.8' iifi.PURT
YEAR ENDED JI AUGUST 2022
Swimming'fhc 5cliool ha5 an extt'eincly successfiil parliiership with (iuildlord City Swimming Club, where the gil'ls i'eceive
weekly specialist coacliing. and holiddy camps have been held fur squad swiminei's. Many students air at countylregioiial
level and one siiident is a ineinbci. of thc Swiin F.ngland National Developinent Programme. All sqiiads have iinpiDved their
position in the F.SSA Team Chainpionship5 coinpaTed to previous years atid the Senior team caime 2nd in the Surrey qualifi¢i'5.
Athleties'fhe Athletic% teains competed in the District and National ESSA coinpetitions, as well as in fri¢ndly tneet5. Both
the Juiiioi. hnd Iiitei'inediate Athlctic% teain5 progi'essed to the Regiunal 'B' final foi. tl)e National ESSA coiiipetitiun.
Individual athletics achieveinents are as follows..
Two 5ttidents werc selcctcd foi. and repiesenled W¢st-Siiri'ey at the National Prep Finals.
Oiie shidctit caine 3rd in tlie U17 Surrey Countiy ChampioRship5 Ill the 30001ll.
Oiie shidcnt cainc 3rd in the Junior 80UIn.
One Student coming 2nd in the intennediale High Juinp.
Sports Day {inter-house athletics) was held on a sunny Saturday in the suininer tei'jn whei'e tlie eiittjr school and iheir
parent￿gUardi&ll% were in attendance. It was faiita5tic to see 50 Inaiiy 8iT15 coinpeting foT their hoiise. On this day we also
held the opcnitig of the Nelsoii Pavilion, a great facility foi. all to enjoy wliicli will no doubt be an excellent asset foi. the
school.
Cricket In our fiTSt suminer of playing Ci'icket as a InajoT Sport, we paitnered wsth Horsley and Send Ci'i¢ket Club. l-his has
been a supei'h partnership which we endeavour to coiitinue. It has allowed us to Inake excellent iise of their lacilities and
specialist caaching %taff, as well as encouraging more gil'15 to play lor a Cj'icket club. In turn, tliis has piDvided our girls With
th¢ opportunity to break into the Sui'rey ci"i¢ket program. A highlight was tliat we hosted an U14 Cricket Festival at Hotsley
and Send Crick¢t Club, acliieving 2nd place overall.
Tennis W¢ hav¢ dcveloped a more substantial partnership with ESI'A to t]iaxiinise expeitise and Irsources. l-hey provide
specialist coaching for oui. tennis players and all gil'ls within lessons. ESTA have also helped the PE department to ai'i'ange
a 5Ultabl¢ yet competitive fixtiires list for tenni5 in the 5uiiiiiTreT teTm, including entei'ing all age giDups into tli¢ Surrey League
Tennis competition.
Performing Ar15 Department
Drgma.. Cxccllcnt set of GCSI-. and A level results. l OO/D A Grade at A level. IOOD/o A*_B 2018-2022. GCSE examination
results werc very pleasing this year, when reflecting that the students had expei'ienced a siibstantial part of their practical
lessons IT] lockdown. CJCSF. I)raina 100 /¢ 5-9, 57Q/o 7-9. Dance IOOQ/o 6-7. '1'he niiinber of students pursuiIig the l)ei'forJi)iiig
Arts post (JCSE continues to grow. with 50 /0 of oiir GCSE cohoit going on to study Draina at A level.
Dan£e.' Students we¥e impacted by the pandemic with practical lessons being online. Despite this the girls did exti'einely
well- GCSE - IOO/o Grade 4-8, 67Q/o Grade 7-8.
LAMDA.. ()utstanding resulis throughout the year, l OOYO Distinction and Merit., 700/0 Distinction and 300/0 Merit. The
lluinber of siudents taking l.AMDA reinains consistently higli.
Productions.. As with all of ourprodiiclions the gir15 land aiidience} are intt'odiiced to a new style andl or genre of perfoi'ming
and in the Auturnn T¢Tm thc girls weir given the opportunity to iise a fly sy5tciM in 'Wendy and l>etei' Pail,. Tlie gil'ls ivorked
incredibly hard, especially as Qinicrom wiped out half tlie cast and the prodiictioii had to be brought forward 48 hours to give
the ¢ast and cirw th¢ oppoi1unity to perfonm. 'They did a reinarkable job and it wa5 a visually stuiining and cxciting
produ¢tioii. Tn the Spi'ing T￿)n the gil'ls performeLI'Shine', a Inu5ical extravaganza. I',ach of thesc production% had a coinpany
of 70-80 girls. In the Siiminer Tenn pupils perfomled itt the Pcrfoiining Arts Cvening which showcased the many talents of
oui. actors, daucers and LAMDA stiidents.
Clubs.. Diaima Clubs for Year 7, Year 8 and Ycar 9 continiied to be popular, as well a5 Musical 'rhe7￿ tre Clubs and Dance
Club5. They weie all well attended and popiilai.. Rehearsals for the pl.0d￿Ctions took placc aftci. school every day, 4.15-6.00.
Mark Jerinin's Stage and Screcn club continued th¢ii' popular after school cliib and thcir ageiicy had a niiinber of oiir students
auditioiiing for vai'ioiis filins. progi?11)Inc.8, voice ovcrs and adverts. Mark Jcrmin Pj'oductions also h05tcd thcir second
regidcntial summeT COUTse liere in July which was a huge success.

EFFINGHAM SCHOOLS TRUST
GOVERNORS, REPORT
vr4AR r.NDF.I) 31 AUGUST 2022
Success outside of scliool.. Inaiiy students continue tu puisiie ihe Perfoiining Arts oiitside of school and a nuinbei. of studenis
belong to soine of the top Dance Scliools, theatre coinpanies. youth theatre gi'oups and Conservatoires. Sevei'al dancers
coiiipeted at regional, national and inlemalional levels wilh one pupil represeiiting England in Spain.
Music Depai'tment
ABRSM aiid Trinity Cullege in5li'uinental and vocal exam resulis continued to be excellent, Exains were a coinbination of
facc-to-face and recordcd siibmissions.
Two studcnts attended thc Junior r)eparthnents of l.ondon Conservatoires. One student gained a place at the Ut)iveisity of
OxfoTd to read mU5￿c. She was also awarded a Choral Scliolarsliip.
Autuinn, Spring and Suininer concerts trjok place aloiig with termly soirees, a jaz£ evening and individual pei.foi'inaneeg in
as5cmblic5. Stlldcnts perfonned for pirp 8chool asseinblies and participated in the band for the piep school end of year
musical alongside pi'ofessional musicians and I￿el￿bel.5 of staff. Some students took pail in the Laster Music Course with
Year I l students acting as Inentors on the course.
The Carol Serviee ¢on(ained music by the Senior Choii., Senior Chainber Choir, Year 7 choir, Schola Cantowin and the
orchestra, who accompanied the carols. A number of studcnis weiE given solo opportiinities witliin the.%ervicc.
The aniiual music f¢stival took place in Mairh with the majority of instruinentalists coinpeting. The coveted Musieian of
the Year accolade was awarded to a Year 13 student.
A level music students took part in a cojnposition workshop with a visiting sti'ing quartet in orderto enhance iheii'composition
skills. The siudents perfomied in 8 concert alongside the PTofes5ional playei's.
Scliola Cantorum sang twice terinly Evensongs in the School Chi1pel. They also sang Evensong in Chichester Cathedral
and Sling CuchaT15t in Guildford Cathedral. Choii. robes were purchased for Schola and some of th¢ ¢hoiist¢rs a¢hicved
diffei'ent levels of skill within the Royal Srhool of Chiii"ch Music Voice For Life 5cheine.
The Music Departnient collaborated witli the draina departinent for the Spi'ing Term musical production of Shine which was
very well received. The band con)prised professional players alongside ineinbffl's of staff.
The,Seiiior Chamber Choir and selected soloists perforined at Prizegiviiig.
ST TERES'A'S PRLPSCHOOL
Academic
The last Prep School ISI inspection repoit judged the School io be"Excellenl" in all areas (the highest P(Tr55iblc rankin¥) dnd
stated tliat. 'The quality of piipils, acadeinic and othei. achievements is excellent. Expeciations of all are conSis￿ntlY high
and pupils of all abilities are challenged."
A significant niimber of girls outperform oiher pupils theii. age in all areas and the school eoniinues to have high expectations
for all girls. Extsrnally benchinarked assessmenrs deinonstra￿ that pupils make very good piogi'e55 and valuL addcd is hi¥h.
2021 resiilts indicate that appi'oximaiely 80/0 of gil'ls Inade expected progiess or higher in English testing 75Q/o of girls
Inade expected pi'ogress or higlier in Matheinatics. Year on Year pi'ogress foi. our most able readers in Years 5 and 6 has
InCrea￿d from 340/0 in 2016 to 600/0 in 2022, with girls achieving 2 years or mol'e above theii. Chronological age.
In the Diocesan Inspection, which took place in February 2020, the Prep School was judged to be"Outstanding" in all aJEa5:
'Catholic leadeiship is oulslanding" Pupils, behavioiir is excellent" Ilapid progress 15 made as a result of outstanding
teaching" Parents are ovei'wheliTJingly p051tive...piipi15 are pi'oud of their school"
It was anothei. record-breaking year with regards to scholarships. 5 girls were awai'ded academic 5cholarship5, 3 gil'ls were
awAI'ded Arl scholarships, I girl was awai'ded (l Miisic schol(11'5hip, 6 gil'ls were awarded Spoil Scholarships, I was awailled
a Draiiia scholaiBhip. 2 were awarded tennis scholarships and l an equestriaii scholaTsIIip.

I pfilNGHAM SCIIOOLS TRUST
COVEIINORS, REPORT
YEAR ENDED 31 AUGUST 2022
In thc National l)riinary MalheinatlC5 ch8llenge, pupils in Year 5 and 6 excelled with a significant nujnbei. of Bronze, Silver
and fjold medals being awarded. In the national CISC poetry coinpetition, bt Teres(I's gil.ls swept the boaid with I pupil
gaining first place, another gaining second place aiid yet another being awarded 'Highly LominendedTrl
Onc Ycar C) pupil also won the Giiildford Junioi. Citizenship cojnpetition.
Sport
There has been significant invesimellt in sport at tli¢ school resulting in increased staffing across the 5lte. With Prep and
Senior PE departmentsjoining forces f(JT gaines aftei'nooiis, the girls arc benelitting froin TatlD5 of1:8 or ]-. l O enabling them
to have bespoke attention and really develop their sporting skills.
Nuineroiis fixtuies were playcd every week throughout the years and theie were a numbeT of oiitstanding individual and team
achievements including..
One Year 4 pupil plated I, ai the NaÉionJl Scliools Biatliloll Chainpionships in the Under 9.
Oiir Ut)der g+ IOA crtcket teaims W¢Te iilldefeated for the seasoi).
One piipil in Yeai. 5 placed iti ball thi'oM' in the West Sui'iEy athletics.
One piipil wa5 placed third in the National Schools Ski Leagiie Finals.
Our U l O tennis teams caine 21￿ in their group in the .%urrey tennis league.
One piipil was placed tliird in the Shetland Pony Gland naiional and has qiialified for the finals.
Sjvitnming Pupils liave once again excelled in swimming largely due to the excelleni facilities and coaching that St Teresa's
provides..
One piipil in Yeai. 6 was placed 15, in the eouiitiy for 50in freestyle in tlie IAPS National Swin)Ining Chaiiipion51iip5
Oiir U I I Inedley sNviin teaiii placed 5, iii tlie coiintiy in tlie Englisli Scl)ools Swiiniiiing Association National Cliainpioi)ships.
Oiir Ui)der I I freestyle teain al'e Nuiiib¢r Oiie In the ¢OLllltry for the secoiid yeai riiiinin(Fl
Music
All pupils benefit fn)m ¥ broad Inu5ical education with weekly class music lessons and numei'ou5 opportunities to play in an
ensemble including, the Chaiiibei. Clioir, the St Tere5a's Singers, Young Voices Choir, orchcstra, sts'ing nTchestra, wind band,
guitar enseinble.
All pupils performed in the annual Harvest Festivals, nativities and candlelit Carol Servicc; chapel conceils took place each
terin,. Ihe Spi'ing concerts were a hug¢ success,. and the Yoiing Voices Choir perfonned in tlie prestigiou% 02 Arena.
Dui'ing the acadeinic yeyi. 2021-22, a total of 30 Inusic exains were taken by Prep School in the following instrumeiits.. piano,
violin, vEola, c¢llu, flute, singing, di'ums, clarinet. musical theatre and guitrdr. There were 7 passes, 20 merits and 3
distinctions.
Draina continued to be a strength of the school witli specialist lessons foming part of thc cui'riculuim and numerous
worksliops and perfujjiiances taking place across the year e.g. Sliakespeare for Kids. The YcaT 6 pi'oduction of 'Olivia' was
511perb with 811 girls iinpressing audieii¢e5 with theii. siiiging and acting skills.
LAMDA wa5 extreimely popular with 411 girls taking lessons evely week. Of tl)e gil'ls who took a LAMDA exainii)ation, 39
children achieved a distinction and 9 children achieved a Inerit.

IFFINGHAM SC1400LS TRUST
GOVF,RNORS' Rfi.PORT
YCAR E4NDED 31 AUGUST 2022
CRANMORE
Growth and Development
The pupil roll at CTai)morc will incicase agaiii this ycaT and a real success has been Yeg1' 7 entsy. 1.he aim is to I￿aintaIn a
thirc forin cntiy illto the Senior school. Flowevei., this yeaT dcmand foi. placcs was such that there aiE foul. foi'ins in Ycar 7.
Having tlirce fonn cntry will also enable the school to be illcirasingly sclective. It 1% cx¢it113g to wcl¢om¢ oui. first cohoil of
pupils into YcaT 9, thcrc will be a total of174 pupil8 in the senior school.
Thc new Scieiice and Technology Ceiitre is undei. Construction. The on-site biiild and internal fit-out Is currently schcduled
foi. coinpletion in Fehiu3ry 2023. 1-he staff car park is bcing convertcd inio a parcnts, drop off area to cnhancc the cxpcricncc
for the l.ower Prep pairnts. The area ha% becn clcaied and new cladding placed on somc of th¢ Nui3ciy biiildiiig to enhance
the acsthctics. Thc entrance and Irsurfacing will need a forin of planning pcnnission.
In5pectioii Good Schools, Giiide
CraninoTC had a coinprchensivc inspection during the Spring Terni frorn ISI. The report granted Craninore the highest
pos.4ible grading of 'l,xcellent' in every category and refenEd to the qiiality of pupils. acadeinic and tsiher achieveincnts,
their oiit8tanding contribiitions lo tlie lives of others and their outstanding moi-al awareness. In addition, thc eoinmen15 fr01
the Cjood Schools. Cjuidc were cxireinely positive. This confirination fi'oin external bodies has also helped io validate, the
exceptional educational envimnment pupils experience at Craninore.
Musie
Musical perfoTmances duritjg this academic year included Projns on the Paddock, Action Day Music, Young Musiciaii
Coinpetition, Junior Chamber Clioii. at Ockhain, nuinei'ou5 Nativities and C.aiDI SerYice5, Masses, Asseinblies and Soirees.
Dui'ing tlie Spring Term, a music workshop and concert were held at Craninore in paitiiership with Glenesk School. In the
Suininei. Tenn, strings playeis liad the oppoi'tunity to perFoiin ivith violijiist Nicola Benedetti and the Ben¢detti boundation
aiid the invitatioll was extended 3cro85 the Trust and to local cathalic priinaiy schools Ill the area.
The enthusiasm for Inusic is strong wilh almost 100 pupils taking ABRSM exams. Three Year 8 hoys were awarded places
in the National Youth Boys Choii.. The Jubilee Choir visiied the Yehudi Menuhin School to lake pai'l in Sighi for Suirey
workshops. The Bugsy Malone Band fornied of Year 8 piipils perfoimed the original score in the perfonnances at the School
Production at the end of terin.
During the football season, pupils participated in ovej. 250 fLXtures in an eight week period which included three succe55ful
touriiainents hosted at Craninoie. l-he rugby season in¢luded over JOO Inatches and in terms of outcomes, Craninoi'e pupils
won the Miiri'ay Cup and r)unkley Shield willi in excess of 250 fainilies in allendanee on the Henderson Fsel(15. The Ulo
team won the Surrey Festival and the U I I teain wei'e algo undefeated. The hockey teams had the highest win percentage
since hockey was established as a toir spoi'l, playing over 100 matches in a five week pei'itsd.
Our cricket was iiicluded in the'ci'icket School Guide 2022,, recogni5ing tlie excellent cricket pi'ovision. In the cricket 5eas0ll,
the U I I teain l'eached Ilie final aiid the U13 the seini-final, of the Sui'iey Cup. In addition. the U I I team won th¢ Pdrkside 6
side tOEirnameiit with the U13s side reaching the final of the Rokeby 6 a side louinainent. We were d¢lighted that our
aililelics teain enjoyed a myi'iad of success at the West Surrey Athletics Ineeting and two pupils qualified for the national
riiidl in long jiiinp.
The Craninoie ski tea1￿5 weye exceptional, winning the IAPS Championship5 at U9, U I I, aiid U13. The U9 and U I I teains
also woii the Siirrey 8¢hools Ski Cliampionships. At the b.SSKIA c.hampionship Finals in Noi'wich, anothei. n£iliondl event,
both Ilie U12s and U14s fiiiished in second place. 'I'he sporlii)g highlights continued in swiinii)ing with 16 swimmers
qualifying for the IAPS Finals, a Cranmore I'eeord.
I'here have beeii Imaiiy iimpressive perforinances in squash and iii teiinis. willi two 5tiiden15 National U9 players. In Cros5-
Coiintry. two pupil% represented SuiTey.'lThe refui'bislied golt'facilities on tlie Flendersoii fields now include a challeiiging 6-
hole coiirse with iiew'f-box¢s and two range cages for di'iving.
10

CFFINGHAM SCHOOLS TRUST
GOVCI RNORS, REPORT
YEAR ENDF.D 31 AUGUST 2022
Effingham Scliools, Facilities Development
On site constl'LlCtion of a iiew Science aiid Techiiology Cenlre al Cranniore began in July 2022. with complelion scheduled
for FEbi'llai'y 2023. Tlie cenliE will aecoininodale senior pupils, pi'oviding stat¢ of the ait facilities. including four dedicaied
science laboratories, a design and technology iY)oit), an IT sllite plus additioiial classrooins.
Il
L4
In addition, a new Sports Pavilion has been built at St Teresa's and Provides a welcoine shelter for spectating parents and
for h05ting sports teas. Friends of St Teresa's (FOST) kindly contributed towards the c05t of this facility.
iPI"a*lG
Other projects during the year included-
the conipletion of a signifi¢ani drainage iinproveinent project at St Teresa'5
the installation of a long juinp facility at St TeTe5a'5
the installation of a new sound system in the Cranmore auditorium, kindly tunded by the CranmoiE Parents,
Association (CPA)
The improvcincnt of cai. parkiiig facilities at Craninore
Ongoing iiiv¢stinent in 11. infi'asti'ucture

EFFINGHAM SCHOOIS TRUST
C.OVEIRNORS' RF.PORT
YCIAII EINDLI D 31 AUGUST 2022
Priiieipal Risks Uneertalntles
Thc Cjovcrnoi'g are responsible for ihe overseeing of the risks faced by the Trust although dEtailed consideraiion of risk is
dele¥alLd to Iht Finance and General Piirposes Coimiiiittee wlio oversee the Ti'll5t Risk Register termly and annually at the
ACJM. Risks arL identified, assessed and conii'ols established tliroughout the year.
The mo.%t 8ignificaiit Ti%ks to thc charity are a subsianlial fall in pupil nuinbers, safeguJTdillg, and compliance issues IDL￿ether
with specific fire, pedestr'ian and li￿tTiC safLty risks.. These i'isks al'e Initigated by a wide-iangii)g set vf control inea%uJes.
Although wc idcntify a fall in pupil niimbers as a significant rigk we need to iecognise that the Ti'ust grown sikFnificantly
and is Currently ovcr.8ub8cribcd 5ewcral year groups. We envisage steady pupil growth across the newly foi'ined EfYJng)liain
Schools Trust nvcr the ncxt S ycar5 as the diaillond inodel of operation coines into effect aciDss I￿th SLhools.
The Governors recognise that sites at St Te￿$2,5 and Craninore, 55 and 25 acres respectively. have generic and specific
health and safety issues. Pailiculai. attentioii 18 affordcd to thL Independent School Inspection coinpliaii¢e inspection ci'iteria
with specific policies in place for compliallce standaTd5 dedling with electi'ical safety, tree surveys, water quality conti'ol and
rire risks within a planned prograinine of works according to risk probability, funding and tiine scale. The site-specific Health
and Safety Coillinittees sit tennly to Rview health, safety und security.
In the opinion of Ihe Govemors the Trust has established systems of internal conirols which should allow all risks to be
Inanaged to an accepiable level in its day to day operations. It is recognised that systems can only provide iEasonable bul not
absoluie assurance that Inajoi. risks have been adequately maiiagLd.
The Govemors forn)ally review risk termly at the board meeting as a strdnding agenda item.
FINANCIAL RIVIEW
Results
As the Trust inoved into its Ihird year of partnership the nuinbei. of familie5 Wlth Lhildren in both schools has continued to
incrcase. This conti'ibiites to a strong fainily ethos within the paiffiieTship, and piipil nuinbeis have gi'own accordingly. The
net income for ihe year was £1.034k before depre¢iatioii of £919k. A loss on inve5tinents of£81k Ineant thal the ovei'all net
moveinent in funds was an increase of £34k. The financial result for the yeai. is shown on page 18.
Re.serve5 Poliey
At the yeaT cnd the T￿$( had unrestricted reserves of £13.7 million Inainly repi'esented by land and biiildinxs, which have
been financed by the Trust's accuii)ulated surpluses and supplemented by bank botrowings. Woi'king capital diid casli flows
are mnnitorcd LIv5ely in the absence of free I'esei'ves. The Govemors, policy is to continue building up reserves out of
operating %uipluses, SEibjcct to reqU￿e1nen[S foi. fijrthei. capital expenditure, over the next five to ten years.
Pay of Key M8TiRgemtnt Personnel
The Govcrnoi's, Scnioi. LcadLrship Tewn ISLTI Remuneration Coinmittee meets annually to iEview SLT salaries to ensui'e
appropriate pay agaiiist objcctives (Ind perfonnance.
FUTURf, PLANS
Future Directitsrt
Effingham 8chools Trust now has an anrtiial income fee in¢oine of over £18inillion before bursarie5 of £3in, Li pupil I'oll of
alinost 1,150 and ieTnain5 ca%h healthy. All these are strong indicators of the continuing ¢onfidence surruunding Ihe fiiture
direction of the'l nist.
Developnient PIAII
Following on froin thc devclopincnt of ils exciting new Science and Teclinology Centre at Craninoi'e, the Tr￿st will continue
to invest, and over the next two yeai'.% plans to develop the sports facilities at St TeTe5a'5.
12

EFFINGHAM SCHOOLS TIIUST
GOVERNORS, Rfi PORT
YEAR ENDED 31 AUGUST 2022
STATEI MF.NT OFGOVCRNOIIS, RESPOIYSIBILITIES
The Governors (who aiE also directoi's of the Lffinghaiii Sehools Trust for the puiposes of coinpany law) ait respoiisiblc for
preparing the Governors ' Report aiid tlie financial stateinent5 in accordance witli applicable law and Uiiited Kingdoin
Accounting Standards (United Kingdoin Generally Accepted Accounting Practice).
Company law iequires the Governors to prepare financial statements for each financial yeai. which give a true and fair view
of thc state of a￿aIrS of tlie cliaritablc coinpany and of the incojning JEsoiii'¢es and application of resources, includiiig the
incojne and expenditure, of tlic cliai'itable coinpany for that period. In pirparing these financial Slaiements, th¢ Goveinors
arc required to..
select 5Ultable aC￿untIng ]x)licies and then apply ihein consistently,.
observe the Inethods and pi'inciplcs in the Chai'ities SORP.,
make judgments and estimatcs that aye reasonable and priident.,
prepare the financial statcmcnts on the going concei'n basis ujiless it is inappiDpriale to presujne that the coinpany will
continue in biisine5S.
The Governots are responsible for keeping proper accounting re¢oi'ds that dI￿lOSe with reasonable accuia¢y at any tllne of
the financial position of the charitable coinpany and enable thein to en5uie that the fin<incial statetnents coinply with the
Companies Att 2006. Thcy arc also responsible for 5afegiiarding tlie assets of ihe charitable company and heiice for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
So far as each of the Govemors is aware at the time the report is approved-
their is no relevant audit infoniialion of which the coinpany's auditors are unaware. and
the Goveinors have taken all sieps that they oU￿t to have taken to make theinselves aware of any relevant audit information
and to establish that the audilurs air aware of that information.
The Governors, Report. which incorporates the Strategic Report, was appi'oved by the Governois on 14 March 2023.
Mrs
um
o-chairj
Mr M Henderson (Co-chair)

EFFINGHAM SCHOOLS TRUST
GOVERNORS, REPORT
YEAR ENDEID 31 AUGUST 2022
The Goveimors present the fiiiancial statcments foi. the year ended 31 Augu8t 2022.
These have becn pr¢pared undcr th¢ piDvi5ion of the Charitics SORP 2015 ènd comply with all statutory requirements and
the charity's goveming document.
RCFEI RCI NCI AND ADMINISTRATivf. INf4ORMATJON
Govfi RNORS
Mr5 A Tiii'ncr Co-chaii.
Mr M 14endcr8on Co~Chair
Mr A Agiu5
Mrs I l BrenIian IIEtired 15 March 2022)
Dr N Clai'ke
MT S I,isher IIEsigned 21 June 2022)
MTS A Port
Ms % Hall
Mr8 % Hayes
Ilev A Hill
Mr l) l.loney (appointcd 15 MaTch 2022)
Dr C McMuSlan (retired 21 Jiine 2022)
Mr I Morgan
Mr J Rourke (appointed 15 Mairh 2022)
c.anon P Thompson (appoint¢d l October 2022)
Mrs M Wilkinson
CLERK TO TFIE GOVERNOIIS
Mrs C Minikin
RF.GISTf.RF.D OFFICE
Cl'lii)gham Schools Trust
Cflingham Elill
Doi'king
Surrey 111.15 6ST
BANKF,RS
LloydE Bank
Connaught Ilouse
Alexandra l eiyace
Guildford
Siirrey
GUI 3DA
SOLICITORS
Mooie Barlow
'rhe Oi'iel
Sydci)hain Road
Giiildford
SU￿eY GU13SR
AUDITORS
14aysinacintyie I,l.P
10 Quecn sh.eet Place
London
E,C4R IAG
14

INDf4.PF,NDf4 NT AUDITORS IIE4 P()III' I'O T14E MEMBEI RS Ob E4 Ff4lNG'HAM SCHOOLS TRUST
Opinion
We have auditcd the fiiiancial stateinenls of Cffinghain Schools'l rust for thc year ended 3 1 August 2022 which coiiiprlse Ilie
Consolidaled Statcineiit of Financial Activitie.%, Coiisolidatcd and c.harity Balance Sheets, Cotisoliddted Citsh tlow Staleineiit,
and noies io thc financial stareinenls, including a suininary of signilicant accountiiig poltcie5. The financial i'eporliiig
fraii)ework that ha.% been applied in their pieparatiOT] is Hpplicable law and United ICingdoJn A¢counting Standai'ds, includiiig
Fiiiancial Reporting standard 102 The FI￿￿11ClaI R£poJ'iing.Sfrti7dai.d (7pJilicable in 117¥ UK oA¢l R8iJIiblir uj'li'elancl {Ullited
Kingdom Generally Accepted Accounting P]2ctice}.
In our opinion, thc financial stateinents..
give a ti'ue and fair view of the statc of the graiip's and of tlie parcnt cliaritable coinpany's aifaiTS as at 31 August
2022 and of the groui)'% and paT¢nt chai'itablc company's net tnoveinent in funds, including tlie incoiiie and
expenditllie. for Ihc year ihcn end¢d-
have been propci'ly prepared in accordance with United Kiiigdom Geneizlly Accepted Accounting Practice,. and
have becll pieparcd in accoi'danct with the Jrquiieinenls of the CoInpanies Act 2006.
Basis for opiniTr
We conductcd our audit in aecoi'dance with International Standards 011 Auditing (UK) (ISAS (UK)) and applicable law. Our
iespon5ibilities under tho.se standard5 are furthcr de%eribed in the Auditor'5 Jespoiisibililies foi. the audit of tlie financial
staiementE 8ection of out. report. We are independent of the gi'oup in accoi'dance witli tlie ethical requii.eineiits that alE relevant
to OUT audit of the financial statcment5 111 the IIK, iiicluding the FRC'5 Ethical Standai'd, and we have fulfilled our other
ethical Itsponsibilitics in accordance ivEth thesc requirements. We believe that the audit evidence we have obtained is
sufficient and appiDpriate to providc a basis for our opinion.
collclu8ioiis rclating to £Ding eoncern
In auditing the financial statement5, we have Concluded that tlie trustees, use of the going concem basi5 of accounting in the
preparètion of the financial statements is appropriate.
Bascd on the work we have performcd, we havc nat identified any Inaterial iincertainties relating to events or cui)ditions that,
iiidividually or collectively. Inay ¢a.%t significant doubt on the group's ability to contlnue as a going contern for a pei'i(xl of
ai lea%t twelve Inonths from when the financial stateinents are ailthorised foi. issue.
Oiir respon8Ebilities and the responsibilities of tlie trustees with respect to going concern are described in the relevant sections
of this report.
Other inforrnation
Thc trustees are Irsponsible for the other inforination. The other inforination cojnprises ihe inforination included iii tlie
Directors and Truste¢8' Report. Our opinion on the financial statements does Iiot cover the other inforination and, except to
the cxtcnt otherwise explicitly stated in oiir IEpoit, wc do not express any form of assurance concliision theieon.
In connection with our audit of the financial statcm¢nts, oiir responsibility is to read tli¢ other infonnation and, in doing so,
tonsider wlietlier the other infomiation i.% InateTially inconsistent with the finaiicial stateinents oi. oiir knowledge obtained in
thc audit oi. otherwise appears to bc Inaterially Inisstated. If we ideiitify 511clI Inalcrial inconsistencie5 or apparent Inatei'ial
Ini.sstateinents, we are requii'ed to dctei'Èniiie whcthei. theiE is a inaterial InEsst8tein¢nt iii the financial stateiiients or a niaterial
misstatcinent of the other inforimation. If, based on the work we have performed, we conclude that theie is a inatei'ial
misstatcinent of this other inforimation, we are required to IEPOrt that fact. We have nothing to report in tliis irgai'd.
Opinions oli other matters preserihed by the Companies Aet 2006
In our opinion, based on the work ulldcrtakcn in th¢ coui'se of the aiidit..
the infoiinalion given in the GoveEnors' Repoil {which include5 tlie sti'ategic report and tliedll'eciors, report pirpared
for the purposes of coinpaTly law) foi. the financial year for which the financial stateinents are prepaird is Consistent
with the financial siatciments,. and
the slrdtegic TePOFt and the diiECtoi's' repoi't iiicluded wiihin th¢ Governors. Repoi't have been prepared in accordance
with applicable legal requiiEments.
Matter5 on ivhieh we are requii'ed to report by ex¢eplion
In the light of the knowledge and undej'slandiiig of the group and the p￿l'ent chai'itable Coinpany and ils enviToiimeiit obtained
in the coui'se of the audit, we have iiot idejitified material JnssslateJi)ents iii the Goveriiors. RepoTt {wliich incorporaies the
Strategi¢ Irporl and the directols, repoJl}.
Wc have nothing to report in respect of the following Inatters in relation to which tlie Companies Acl 2006 requires us to
poit to you if, in oiii. opiiiion..
15

INDEI PENDEIYT AUDITORS RF,PORT TO THE MEMBERS OF EFFINGHAM SCHOOLS TRUST
adequate accounting records have not beon kept by Ilie pairiit charitable company., or
the pai'ent charitable coinpany financial statements are not in agreeincnt with the accounting records and returns,. or
certain disclosure5 of trustees, i'emuneration specified by law are not Inade,. oi.
we have not received all the information and explanatioiis we IEquire for oui. audit.
RcspoTI.sibilitics of trustees foi. Ihc fiDaiJ¢ial sl8t¢ments
As explained Inore fully in the triistees, responsibilitie5 Statement set out on page 13 the Governors (who are also the directors
of the charitable coinpany for the pui'poses of company law) arc respoiisible foi" the preparation of the financial stateinents
and for being satisfied that they give a true and fair view, and for such intemal coiitrol as the Iruslees deteiinine is necessary
to enable the preparation of financial stateinents that are flee froin inaterial misstatemcnt, whether due to fraud oi. en'or.
In preparing the financial statements, the trustees are responsible for assessing the group's and the parent charitable
company's ability to continiie as a going concern, disclosing, as applicable, Inatteis Tclated to going Loncern and using the
going concern basis of accounting unless the trustees either intend to liquidate tlie group or the parent charitable company or
to cease operations, oi. have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statemcnts
Oiir objectivcs al'c to obtain reasonable assui'ance about whether the financial statements as a whole air free froin material
misstatement, whethei due to fraud or error. and to issue an auditor's repoit that includes our opsnion. Reasonable assur<ince
is a high level of assurance, but is not k) guarantee that an audit Conducted in a¢coi'dan¢e with ISAS (UK) will always detect
material niisstatement when it exists. Misstatements can arise from fixud orerrorand are considered material if, individually
or in thc aggrcgate, thcy could rtastsnably be expected to influence the economic decisions of user5 taken on the basis of
thcse financial statcincnts.
[￿egUlarItIeS, including ftaud, are instances of non-coinpliante with laws and regulations. We design procedures in line with
our ￿sponSIbl11t1£5, outlined abovc, to detect Inatcrial misstateinents in respect of iriEgularities. including fraud. The extent
to which our procedures are capable of detecting iTregularities, including fraud is detailed below..
Based on our understanding of the group and the environinent in which it operates, we identified that the principal risks of
non-compliance with laws and rcgulations related to the independent school regulations. safeguarding regulations, health and
safety requircinents, CIDPR, cinployment law and charity law and we considered the extent to which non-compliance Inight
have a Inaterial ¢ff¢ct on the financial statements. We also considered those laws and regulations that have a direct iinpact
on the pl.¢pa￿tIOn of tho financial statements such as the Charities Act 201 l and Companies Act 2006 and considei. other
factors such as payroll tax.
We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements (including
the risk of overi'ide of controls), gnd detcijnincd that thc priiieipal risks were related to posting inappropriate journal entries
and Inanageinent bias in making awounting estiTnates. Audit procedures performed by the engagement teain included..
Inspecting COTrespondence with regiilators and tax authorities.
Di5CUSSlQllS Wlth Inanab7einent including consideration of known oi. suspected instances of noii-coinpliaiice with
law5 and regulation and fraud.
Evaluating Inanageinent's controls de5igDed to PlEvent and detect irregulai'ities.
Identifying and testing journals, in particular journal entries Posted at the year-end. and
Chall¢nging assumptions and judgeinertts Inade by management in their accounting estimate5
Becaiise of the inherent liinitations of an audit, there is a risk that we will not detect all iri'egularities. including those leading
to a Inaterial Inisstateinent in the financial stateinents or non-compliance with regulation. This I'isk increase5 the Inoie that
compliance with a law or ￿gulatIon is itmoved froim the events and iransactions reflected in the financial stateinents, as we
will be le55 likely to bocoin¢ aware of instances of non-coinpliance. The risk is also giEater regardiiig irregulai'ities OCCUlTing
due to fraud rather tlian ¢TfoT, as fraud involves intentional concealment, forgery. collusion, oinission or Inisrepiysentation.
A further description of oui. IEsponsibilities for the audit of the financial stateinents is located on the Financial Repoiling
Council's website at.. Ivivw.frL.ur
-￿OnSIbL1111es. This description fonns parl of our auditor'5 repoit
16

INDF.PENDfi.NT AUDITI)RS RV.I'OIIT TO'fHE MEMBERS 01,, Li I,'IIlNGHAM SCHOOLS TRUST
Ust of nur report
This Tcpnrt is Inade solcly to the charitable company'q Incinbers. as a body, in accordaiice witli Cliapter 3 of Part 16 of the
Compaiiios Act 2006. Oiii. aiidil woi'k has been iiiidcitaken that we Iniglit state to tlie chai'itable coiiipany's tneiiibers thuse
attci's we are reqiiired to state to thcim in an Auditor's report and for no othei. piii'p05e. To the fullcst extent peiii)ilted by
12w, we do Iiot ac¢cpt or assiiimc responsibility to anyone other than tl)e char￿table coiiipany aiid the cliai'itable compaiiy'5
embers, as a b(Kly. for our audit Work, foi. tiiis repi)rt, or for the opinions we have foi'jiied.
Lee 8tal(es (Scnior Statutory Auditor)
for 8Ttd on bchalf of Haysmacintyrc LLP, Sthlutory Auditor
10 Queen Street Place
EC4R IAG
14 March
, 2023

F.riFINGFIAM SCIIOOLS TRUST
CONSOLIDATED STATf,MIINT OF f4lNANCIAL ACTIVITifi
OR I'HF. YEAII EtNDfi D 31 AUGUST 2022
INCOMC AND EXPENDITURE
Uni'estricted
Tr'unds
Total
2022
Tolal
2021
Notes
INCOME FROM
CharitHblt aetivities
'ruitioJi fces
Oihei. ediicational intoine
Tradiiig actlVLties
'rTadiiig incoine
Lcttiiigs
liivestinent:
Baiik iiitere5t
Dividends
Dotiations
Cjciicral
Gjznts
15,604,773
693.662
15,604,773
693,662
13,738,931
544,291
185.468
7.200
185,468
7,200
90.005
10,687
366
25,186
366
25,186
62
20,785
20,000
20,000
2,976
1,847
185.701
2.976
'rotal incoine
16,519,631
20.000 16,539,631
14,592,309
EXPF.NDITIJRF. ON
ExpEnditMrt on Charitable A¢livily
Trust operatillE eost:
Teachiiig costs
Wellai'e
Preinise5
Support costs and govei'nance
Raisiii% fiiiids
Ti'adiiigj expenditUlE
Fiiiance costs
9,303,323
1,760,009
3,604,486
1,670,479
9.303,323
1.760,009
3,604,486
1,670.479
8.603,958
1,335.863
3.146,374
1.625,292
22,665
63,865
22,665
63,865
10,2S8
62,993
Total expenditure
16,424,827
16,424.827
14,784,768
Net incorne l{expenditure)
94,804
20,000
114.804
(192,459)
Gain5 1 (losses) on investsnent asset5
181,046)
(81,0461
121,568
Transfer between fund5
20,000
{20,000)
Nel movenient xn fund5
33,758
33,758
(70.891)
Balance brought forward at
I SepteinbeT 2021
13,681,737
13,681,737
13,752,628
Balaiice carried forivard at
31 Augllst 2022
13,715,495
13,715,495
13,681,737
The Stateinent of Financial Activities eontains all tlie incoine aiTrd expenditui'e I'ecognised in thc current and piEcediJig year.
All of the Trusi's activities during tlie above Iwo financial years derived fron) coiitinuing activities.
The accoinpaiiyiiikj Dotes forin parl ofthese fiiianeial slateineiits.

FfilNGHAM SCHOOLS TRUST
COMPANY NUMBEI R: 045OY623
CONSOLIDATCI D AND CHARITABLE COMPANY BALANCI SHEETS
AT31 AUGUST 2022
Group
Trust
2022
2021
2022
2021
Notes
FIXED ASSETS
Tangible asset5
Investn)ent$
18,408,485
855,462
16,639.451
911.340
18,408,485
855,464
16,639,451
911,342
19,263,947
17,550,791
19,263,949
17,550,793
CURRENT ASSETS
Stock
Debiorg- receivable within one year
Cash and bank balances
6,750
607,044
1,962,908
64,974
213,208
1,873,070
6,750
617,864
1,793,545
64,974
207,702
1,793,742
2,576,702
2,151252
2,418,159
2,066,418
CREDITORS- amounts falling
diie wiihiii one year
10
(3,561,434) {3,013,766) (3,552,444) (3,005,606)
NEIT CURRF.NT LIABILITIES
(984,732)
(862,514} 11,134,285)
(939,188)
TOTAL ASSETS LE4 SS CURRENT
LIABILITIES
18,279,21 S
16,688,277
18,129,664
16,611,605
CREDITORS- amounts falling
due after more than one year
(4,563,720) (3,006,540) (4,563,720) {3,006,540)
13,715,495
13,681,737
13,565,944
13,605,065
FUNDS
Gene171 uniestricted funds
Restricted funds
13,715,495
13,681,737
13,565,944
13,605,065
13,715,495
13,681,737
13,565,944
13,605,065
Effingham Schools Trust has taken the exemption froin presenting its unconsolidated statement of financial activitie5
under section 408 of the Companies Act 2006. The net movement in funds of the chai'ity as sjiown in note 14 was
£(39,121) (2021- £{84.922)).
The finaiicial stateinents werc approved and auihorised for issue by the Governors 011 14 March 2023 and were signed
be
wont
r behaifby..
(c
Mr M l.lei)dei'son
{Co-Chaii')
The accoii)panying notes form part of these financial slateinents.
19

F,f4FINGFIAM SCHOOIS TRUST
CONSOLIDATfi D STATF,Mf.NT OFCASH FLOWS
FOR TI.IF, YEI AR F,NDfi D 31 AUC.IIST 2022
2022
2021
Reconciliation ofnel expeiiditui'e to Iiet ¢asli
lloiv froiii operaliiig at.livities
Nel iiicoine / (expendilui'e)
Depreciation
Baiik inierest reLeived
Bank inleiESt pdid
Investinent iricoine
Decrea%e l {in¢JEase) in stock
{Inci'ease) / decrease in debtors
Incitase in cJEdi(oJs
In¢i'ease in parent deptssits and lees in advance
114,804
919.516
(366)
63.865
{25,186)
58,224
(393,836)
100.926
426,187
(192,459>
944,532
{62)
62.993
{20,785)
{64,974)
130,050
147,399
320.136
Nel c(7shpiovided by upep'aling aLliiiilies
1,264.134
1,326,830
Cash flows froni iRvestin&p activitie5
Investinent incume
Bank intei'est received
Purchase of taiigible fixed asset
Purchase uf investment
25,186
366
{2,688,5501
(25,1681
20,785
62
1205,6881
(20,8081
Nei cash pi'ovi¢led by invesiing uclivilies
{2,688,166)
(205,6491
Cash flow5 from fiiifiiiciiig activities
InciEase l(i'epayJnents) of boj'rowing
Baiik interest paid
1,577,735
(63,865}
(149,807)
(62,993)
Nei cosh iised infinnncing aciiviiies
1,513,870
(212,800)
Increas¢l{d¢creas¢) in casli
89,838
908,381
Cash and cash equivalents at I Septeinbei.
1,873,070
964,689
Cash and cash equivalents at 31 August
1,962,908
1,873,070
ANALYSIS OF CASH AND CASH EQUIVALENTS
2022
2021
Cash at bank
1,962,908
1,873,070
ANALYSIS OF CHANGES IIY NEIT DEBT
At I Septeinber
2021
Cash flows
At 31 August
2022
Cash
Loans falling due within one year
Loans falling due dftei. Inore than one yeai.
1,873,070
1152,210)
(1,9112,558)
89,838
{11,085)
(1,566,650)
1,962,908
{163,295)
{3,549,208)
Total
1261,698)
(1,487,897)
(1,749,595)
20

EFFINGHAM SCHOOLS TRUST
NOTESTO THE FINANCIAL STATEMENTS
FOII THE YEIAR EINDED 31 AUCUST 2022
Effingliain gchools 'Frust is a cliai'itcible coiiii)aiiy incorpoi'&t¢d in England aiid Wales. l.ui'iheJ' coinpaiiy iiifoi'inaiion can be
foiind on page 15. 1.he '[ rust s5 a l)ublic Bcnefit Entity regislei'Ed (Is a cliai'ily 211 Lngland and Wales diid a Loinpany litnited
by gu8raiitce. It was in¢orpoTclted on 13 August 2002 (coinpany nuinber.. 04509623) and registered as a charity on 18
December 2002 (chai'ity niiimber.. 1095103}.
ACCOUIYTING POLICIEIS
Basis of Accouiiting
'l-lie financial 5t(Itetnenls have beeji prepaied under the IiistoriLal cosl convention anil in dccordance willi applic&ible
accounting stand<irds and the Stateiiieiit of Reloininended Pr￿CtILe Accouiiting and Repoi'ting by Charitits (Sccond
.dition). the Coinpanies Act 2006 atid TrRS 102 the financial iEPOJ'linbJ standai'd applicable in the UK and the Rcpublic
of Iieland. I'he group fjnaiicial slateinents consolidate the finaiicial slateinents of th¢ coinpany (Trust) and its
subsiiliai-ie5, St'feresa's L.nterprises Liniited and CTaiiinoTe SLhool Eiiterprises Liinited.
-rhe (iovernors have assessed whethei'the use of the going Loiic¢rn a5suinption is appropriate in preparing Ihcse accounts.
Having reviewed the funding facilitie5 available 10 the Trust togcthei. with the expected ongoing demand foi. places
and the Trust's futuiE projected cash flows. the Governvis have a reasonable expectation ihat the Trust lia￿ gdequatc
resoui'ces 10 conlinue ils aclivities for che foi'eseeable futiire. The Govei'nors have made rhis assessmcnt in respect to a
period of one yeai. fi'oin the date of approval of these aLcount5. The Goveriioi's hii ve concluded that there arc llo matei'ial
uncertainties iElated to event5 or coiiditions that Inay cast 5igiiificallt doubt on the ability of the ehai'ity to continue as a
going con¢eTtJ. AcLordingly, they continue lo adopt the going concern basis in preparing the financial 8tatcments.
The follvwing a¢¢ounting policies have been applied con51Stently in dealing with items whicli aTe consideT¢d matei'ial
in relatioft to the Trust's financial statements.
b)
Fees reeeivable Similar ineomc
Tuition fees aTe stated after deducting allowances for awards and othcr remissions. Other educational ineatne
Coinpi'ises incoine fiDlll school ouiings. aciivitses and othei. related inconie. These sources of incoine aiE included in
the accounts when the likelihood of the receipt is probable and their value can be measured with Teasonabl¢ c¢rtainty.
Expenditui'e
ExpenditUTe i5 accrued as necessary. Charirable activity costs coinprises all expendirure directly irlatcd to th¢ obj¢cts
of the Trust including direct staff cosis attributablc to each activity. Support costs ineluded within the charitable
aciivity Luinpi'ise the costs of all resouires utilised to directly support the Trust's primaiy activities.
Gove¥nance costs aiE those costs incurred in conncction with th¢ govcmance of the charity and its assets aiid are
pi'imai'ily 8ssoeiated with constiiutional and statutory itquirem¢ntS.
d)
Pension cost5
The I'rust conti'ibuted to the Teacheis, Pension Defined Benefits Scheine at rateg set by the Schcine Actuary and
advised to the BoaiKI by the Sclieine Adininisiraior until 30 Api'il 2022. Froin l May 2022 Teaching %taffweie enrollcd
iiTr a defjjied coiitribulion scheine. All non-ieaching staff are members of a defined contribution 8¢heme, where
requijed by pujsuant legislation, which coinplies with the i'equirements for a stakeholdei. pension sclicm¢.
riixed a.ssets
All ileins of a ¢apital nature with a value of over £l,OnO are capitalised at cost. Attribiitable b()rmwing costs are also
¢apitalised for qiialifying assets. Depir¢ialioii 15 Ca￿C￿lated so as to wi'ile off the cost of tangible fixed assets on a
slraight-linc ba515 over the expected useful economic lives of the assets concerned. The principal rates used for this
purpose ai"e'.
Buildings
Building iinpi'oveinents
Plant and cquipinent
Motor vehiclcs
SO years
10, 20 and 50 years
S, Ioand I5years
4 years
Assets undci. construction are not depreciated until they are complete aiid broiight into use. Laiid is not depreciated.
21

ri 14 FINCJHAM %CI.IOOLS TIIUST
NOTI.:S TO THI FINANCIAL S'I'AI'EMfiNTS (coiitinucd)
IOII THF. YF.AR F,IYDfiD 31 AUGUSI. 2022
ACCOUNTING POLICIES (eonlinued)
InveSt￿entS
Listed iiivestinenls are a forin of basic findnLial inslruiment and al'e initially i'ecogni5ed at their transaclioii value and
subsequently m¢asvred at their fair value as at t]ie balance slieet date using the closing qiioted mai'ket price.
Reali5ed gaiiis (oi. losse5) gn investineni asseig al'e calLuldted as ihe diffeience between disposal proceeds and theii.
opening carrying value or theii. purchllse value where the inveslinent is acquil￿d subsequent to the fiiEt day ol. Ihe
fiiiancial year. Uniealised gaii)s and losses are calcLildled as the diffei'ejice betweeii the fair valiie at the year eiid and
theii. carryiiig value at tliat date. Realised and iinrealised iiiv¢sliiient gains lor losses) aiE combiiied iii the statement of
financial ¢lCtivities and are ciedited (oi. debited) in the y￿r in wliich t]iey arise.
li) Deblors
T12de and otlier debtors aTe TecoLJnssed atthe settlement ainount due after any discounts offeiEd aiid less any iinpairment.
Pirpayments are valued at the 3TnouIit pirpaid net of any discounts due.
i) Chsh at bank and iii hand
Cash is represented by cash in hand and deposits with fjiiancidl it)stitutions i'epayable ivitliout penalty oji notice of i)ot
Inort thatl 24 hours. Cash eqiiivalenls are highly liquid investinents that m(Iture in 110 Inoie than three Jnonths fix>iii the
date of acquisition and thdt are readily ¢onveitible to knuwi) ainouiits of cash with insigiiifjcant risk of change in valiie.
j) Creditors aiid Provisions
Cyeditors provisions are recugnised where the Trust hus a present obligation resulting Iroin a past evei)t that will
pi'obably result in the transfer of funds to a ihird party aiid the ainount due to SEttle the obligation caii be measured OT
estiiJated ieliably. Shori ierin creditors are Ineasured at Ilieir transaction price. Other financial liabilities, lllcliiding
bank loans, are Ineasured at amoi'tised cost usinLF the effective interest mEthod.
k) Fund Rccounting
The funds uf the Ti'ust are accounted foi. as uniystricted or resti'icted incoine, in accordance with the tenns of trust
imposed by the donots or any appeal to which they Inay have respuiided.
Unrestticted Funds are funds applied at the discirtion of the GovernoTS in fuiiherance of the objects of the'frust. WheiE
the Governor5 deLide io set aside dny part of ilie5e fuDds to b¢ used futiii'e for soine specific piii'pose, tliis is accounted
for by b'an5fei' tu the appi'opi'iate designdted fund.
Designated Funds are a particular fi'om of unrestricled funds cojisssting of ainounts, which have been allocated or
desigDat¢d for specific puiposes by the Govemors. The use of designated funds reinain at the discretion of the
Goveillois.
Restricted Funds are subject to specific conditions iinp05ed by donors.
l) Leases
Rentals on the property lease and on operating leases aiE charged to the Statement of Financial Activities (SOFA) over
the perio(1 when they air Pdyable.
m) Critical sources of e5titnatiun uneertainty #nd aecountiijg judgeiiients
The piepai'ation of financial staten)eJiis ij) eoEiipliance wilh PKS 102 requii'es tlie 115e of certain critical accounting
estimates. It also requires Indnagyeiiieni to exercise judginent iii applying the Ti'ust'5 accouTltiiig policies. The key
judgeinents that hdve been applied by Inanagemenl ielale to the selection of ecoiiomic useful lives loi. laiigible fjxed
sets and PiDVjS10515 for bad debts.
22

fiFINGI.IAM SCHOOLS TRUST
NOTES'fo THE FINANCIAL STATEI MENTS (coiitiiiued)
FOII THL YEAR EINDCD 31 AUGUST 2022
FEES RECEIIVABLE
2022
2021
Fees receivable consists of..
School fees
Less.. Bursaries, grants and allowances
Covid-19 hgrd5hip supw)rt
18,765,744
(3,095,311)
{65,660)
16,903,277
{2.808,928}
{355,418)
15,604,773
13,738,931
OTHER EDUCATIONAL INCOME
2022
2021
Student transport
Equeslrian activities
Extrds
Registration aiid exain fees
TrJvn-IEfvndable deposits
Other
287,617
115,678
134,644
88,615
61.585
5,523
218,983
79,688
167,304
74,700
3,616
69J,662
544,291
NET INCOME FROM TRADINC SUBSIDIARIEIS
The Trust has two wholly owned trading 5ub5idiaries. St Teresa's Einterprise5 Liinited and Craiimore bntejyi'ises
Liinited. The principal activities of both companies arc the organisation and manageinent of coininercEal activities
assoLlated with EtTinghain Schools Ti'u5t. The ¢oinincrcial activitie5 consist of tho I'¢nlal of school facilities. I'he
iaxable PTofits of each entity are donatcd to the Trust under gift aid.
A suinmaiy of the trading results of cach subsidiary is shown below.
Profit Loss Account- St Tereasx's E4 nterprises Limited
2022
2021
Turnovei.
AdministTative expenditure
116,625
(17,985)
57,947
(6,146)
Net piDfit
Bank iiilerest received
98,640
27
51,801
Retained in subsidiary
98,667
51,803
St TeTesa's EDtei'prises Liinited is controlled by F.ffinghain Schools Triist. One of th¢ directors of the conipany is a
Govei'nor of the Trust. TransactiOllS With Effiiigham Schools Trust COnS15t of a payinent under Gift Aid and the
in(ercon)pany balance which are disclo&ed in the accounts and the notes to tlie accounts.
23

EFFINGHAM SC'HOOLS TRUST
NOTCIS TO THL fiNANCIAL s'fATCMfi NTS (eontinued)
FOR THE YEAR ENDED 31 AUGUST 2022
NEIT INCOME FROM TRADING SUBSIDIARIES (eontinuedl
Profit aiid Loss Aecount- Cranmoi'e Knlerpi'ises Limited
2022
2021
Tiirnover
Adiniiiistrative expeiiditure
62,332
{11,447)
32,058
(7,162)
Retained in 511bsidiary
50,885
24,896
Ci'anjnore School Lntci'prises l.imited 15 controlled by F,ffinghani Schools Trust. Both of the director8 of thc
company are GovernoTS of the'l'rLlSt. Tiangactions with Effjngham 8chools Trusi consist of o payincnt linder Gift
Aid and the int¢rcoinpany balance which are disclo8ed in the ac¢ountE aiid the notes io the accounts.
TOTAL Expfi Nl)I'I'URE
TotRI
Staff Costs
Other
Deprceiotion
2022
Chai'itable Activity
Teaching costs
Welf(Iie
PItinises
Support costs
8,328,023
343,472
758,204
956,686
975,300
1,416,537
1,926,766
713,793
9,303,323
1,760,009
3,604,486
1,670,479
919.516
Raising funds
Flliance costs
Tradinbw expenditure
6J,865
22,665
63,865
22,665
0,386,385
5,118,926
919,516
16,424,827
Prior year
Total
Stal'f Costs
Otlier
Depreeialion
2021
Charltable Activity
Teacliing costs
Welfai'e
Preinises
Support costs
8.019,999
256,842
64 1,529
1,014,034
583,959
1,079,021
1,560,313
611,258
8,603,958
1,335,863
3.146,374
1,()25.292
944,532
Raisiiig funds
Finance cosis
Trading expenditui
62,993
10,288
62,993
10,288
9,932.404
3,907,832
944,532
14.784,768
24

ri FfilNGFIAM SCHOOLS TRUST
NOTf,s TO THL FINANCIAL STATEMENTS (coiitinued)
FOR THE YCI All ENDED 31 AUGUST 2022
TOTAL EXPF.NDITURE (coiJtÉtJued)
2022
2021
Included in expeiiditure is..
Audiior'5 iemuiiei'ation
Audit of the financial statcments
Oih¥i' non-audit sei"vicc%
Inleiest payable
OpeTliting leases
33,540
3,910
63.865
105.695
30,720
7,290
62,993
193,138
srAFF COSTS
2022
2021
Wages aiid salaries
Social sccurity costs
Other pension costs
8,354,975
810.707
1,162.908
7,771,313
775,600
1,340,456
10,328,590
57,795
9,887.309
45.035
Re5tru¢tiiring costy
10,386.385
9,932.404
Full 'fiine
quivalent
2022
Full Time
Equivmlent
2021
Avg. No
2021
2022
The average number of employees in thc year wa5..
Teachci'5
OiheT
134
129
118
83
128
90
208
263
201
247
The number of employees whose emoluments
exceedcd £60.000 weir..
£60,001- £70,000
£70,001- £80,000
£80.001- £90,000
£90.001 £100.000
£120.001 £130.000
£130,001 £140.000
Contributions were made into a money piirchase pension scheme for Jiine12021.' eight) of tlie higher paid ernployees. Total
contributions wcir £118.852 (2021.. £137,810).
Neither the (iovei'Jior5 nor peibons contjected to them received any reinuneration (2021.. none). l)er50nal expenses iiiciirjrd
by the Govemors duj'ing the year totalled £2,771 (2021.. £444).
Key manageiiieiit personi)el coinpi'ises Ihe School Heads and the Triist Senior Leadership team. Key i￿anage1￿ent personnel
received reiiiunei'aiioji of £702,242 (2021.. £716,854).
25

FFINGHAM SCHOOLS TRUST
NOTES TO THE FINANCIAL STATCMENTS (continued)
FOR THE YEIAR ENDED 31 AUGUST 2022
7. TANGIBI.I; FIXF,D AS%LTS- GROUP & TRUST
LAnd
Illlildiijgs
Asset$ undei.
Conslruetltjii
Building
Improveijieiits
Plant
Molor
EqiiipmcDt Vehitles
COST
At I Septeinber
2021
Addition5
17,588.085
3,067,907
1.499.944
54,262
22,210,198
172,816
1,971,326
385,859
158,549
2,688,550
At 31 August 2022
17,760,901
,971,326
3,453,766
1,658,493
54,262
24,898,748
Dl4 PRECIATION
At I Septeinber
2021
Chaige for the year
2,920.430
1,762,082
843,602
44,633
5,570,747
484,737
248,382
182,587
3,810
919,516
At 31 August 2022
3,405,167
2.010,464
1,026,189
48.443
6,490,263
NET BOOK
VALUE
At 31 August 2022
14,355,734
1,971,326
1.443.302
632,304
5,819
18,408,485
At 31 Augusi 2021
14.667,655
1.305.825
656,342
9,629
16,639,451
INVEISTMENTS
Ti'ust
2022
2021
Unlisted Invesllnents
Thi5 Itpi"esents the charity's investsnents in wholly owned subsidiaries, St Teresa's Enterprises Limited and Ci'animore
School EnteTPI'ises I,imited.
Cjroup And Trust
2022
2021
Listcd investments
At l 8epteinber 2021
Additions
Unrealised ga5ns l(loss&%) on investtnents
911.340
25,168
181,046)
768,964
20,808
121,568
At 31st August 2022
855,462
911,340
26

I rriNGHAM SCHOOIS TRUST
NOTES TO THC FINANCIAL STATfi MEI NTS {eontiniied)
FOR THE YEAR ENDEI D 31 AUGU.ST 2022
DEIITOIiS
Group
Trust
2022
2021
2022
2021
IleceivalTrle ivilliiii oiie year:
rces and exti'as
Otlier dcbtors and piepayiiients
Due froin subsidiaiy undertaking
276.972
330.072
40,397
172,811
276,972
315,734
25,158
40,397
153,327
13,978
607,044
213,208
617,864
207,702
10. CREDITORS,. a]nounts lallittg due witliin one year
Group
Tl'ust
2022
2021
2022
2021
Baiik loan
Taxatl011 dnd social security
I rade crEditor5
Oihei. ¢rtditOTS and acci'uals
PaiEnls' dep05ils and fees in ddvance
163,295
298,146
517,749
328,634
2,253,610
152,210
342,008
479,441
222,154
1,817,953
163,295
298,146
517,749
319,644
2,253,610
152,210
342,008
479,441
213,994
1,817,953
3,561,434
3,013,766
3,552,444
3,005,606
11. CREDITORS.. Amounts falling due After more than onc year {eontiiiued)
Group and Trust
2022
2021
Bank loan
Pairnls. deposits and fees in advance
3,549,208
1,014,512
1,982,558
1.023,982
4,563,720
£3,006,540
2022
2021
Long ieri)) loaii obligations are repayablc as follows..
Between two and five years
In five years oi. Inore
1,081,938
2,467,270
645,015
1,337,543
Due after more tlian one year (see abov¢)
3.549,208
1,982,558
Due within one yeai. (see note 10)
163,295
152,210
Loan balance as at 31 Aiigust 2022
3,712,503
£2.134,768
Iii Api'il 2018, the Ti'LlSt eDlered a loan dgreeineiit for £1.6m with an interc5t ratc payable of Bank of Ejigland Base
Rate plus a rate 2.05°/o pei- annuin. The ltsan is repayable ovei. 180 conseciitive Inonthly instalmenls, the filial payinent
beiiig diie iji May 2033, aiid is secured by way of a first legal Charge on the TrLlSt's frcchold land &nd buildiiigs.
27

F,FFINGHAM SC14001,S TRIIST
NOTFS TO TIIF. FINANC'.IAL STATf,MF,NTS {conlinii¢d}
riOR TFif. Y[4 AR 14 NDfLD 31 AUGUST 2022
11, CRKDITORS: ymounts falliiig due after more than oDe year (continued)
In Septeinbei. 2018, the Trust enteied into a loaii agreeinent for £l.Om with an inteiest late payable of 3.8750/D per
ani)uiii. The loaii is IEpayable in 180 consecutive Inontlily instalmeiits in respect of priiicipal oiily, ¢oininenciiiLJ I Inoiith
after the date the loan was bori'owed.
In August 2022. the Ti'iist enteied a loan agi'eeinent for £2.5in with an interest late payaEile of Bank of Emgland Base
Rate plus a rate 2.35 /0 per annuin. Al 31, August 2022. £1.7in had been diawn down. The loaii is Irpayable over 168
consecutive monihly instalments, comiMencing in Septeinber 2023, with the filial payinent being diie in Augusi 2037,
and is secured by way of a firsi legal charge on Ihe Ti'ust's freehold land and buildings
The Trust also has a £0.5m secured ovei'draft facility with Lloyds Bank.
12. FEES IN ADVANCE SCHEME
Parents inay enter into a contract to pay the Ti'usl in advance for fixed conti'ibulions towards the tuition fees for up to
five yeais. The Inonty may be ieturned s￿bJLCt to specific condilions on the receipt of notice. Assuming pupils will
remain willi the Tiust, fees in advancc will bc applied os follvws..
2022
2021
Summaiy of niovements in liability..
Balance as at I SeptembeT 2021
New ¢ontract5
Amounts used to pay fees
Amounts refuiided
359,872
82,734
1176,071)
375,653
250,065
1158,0271
1107,8191
Balance as at 31 August 2022
266,535
359,872
13. PENSION COMMITMENTS
Teacliiiig staff
Folluwing cvnsultrdtion with tedching staff, the Trust left the Teachers, Pension scheine and sel up a defined contribution
scheine wilh Royal London on 1° May 2022.
The pension charge for ihe year ineludeg conti'ibutions payable io the Royal London Scheine of £931,480 (2021.. TPS
£830,317, Royal Londvn £299,825).
Noii-lellching staff
The Trust uffers defined coiiti'ibulioii b51'OUP PLI'sonal pensiun plaiis through Ruyal Lundun ai)d Aegon. The Trust's
vi)tributions to tlie pension scheines of non-teachiii&J staff in the yedl. wei'e £231,637 (2021.. £210,314), representing a
ontTibutiun rate of betweeji IOO/o aiid 16.4Q/o.
Undei. auto ejll'olineiit regulaiions all eligible eniployees must be enrolled in a qualifying pension scheine. The Trust
Ineets this obligativn ai)d all eligible job liolders continue to be enrolled either with the Teacheis, Pension scheine oi.
one of t]ie Gi'oup Personal Peiisiuji Plans.
28

EFFINGHAM SCHOOLS TRUST
NOTKS TO THE FINANCIAL STATEMENTS (eontlnueil)
FOR THC YEAR EI NDEID 31 AUGUST 2022
14.
CHAIIITY'&* AcfiviTllI S
The gtatcincnt of l.inancial ActivEties included with the accounts coRsolidates the activities of the parent chdl'ity,
.ffiiigham Schools Ti'iiEt and of its wliolly owiied siib5idi(ii'ies, St'fere5a's Eiiterpi'ises Liinited and Crdninore
Scliool F.ntcrpTises I,imited. A suminaiy ot tlie t'esult ofihe pareni rh£lrity is giveii below.
2022
2021
Ti'usl Incoine
'] otal r.xpenditure
16,437,320
14.564,970
(16,395,395) (14,771,460)
Net (Expenditure}I IncoTne
41,925
(206,490)
(Loss) I gain on investinent assets
(81,0461
121,568
(39,1211
(84,922)
15.
opri RATING LTr.ASE COMMITMF,NTS
Motor vehicle5
2022
2021
Amounts due:
Within onc ycai.
Between l and 5 years
67,371
130,345
49,450
94,643
197,716
144,093
Phutocopiers
2022
2021
Within one year
Be￿eert l and 5 ycais
39.239
18.167
30,466
18,579
57.406
49,045
16. CAPITAL COMMITMF.NTS
The Triist had capital cominitsncnts of £1,955.403 (2021.. £231,594) at the balance sheet date.
17. SUMMARY OF MOVEMF.NTS ON FUND.
At
At
31 Au%ust
Income
Expenditure
Gain5 and
Transfer
Betweeii
Septembe
2021
Losse5
2022
General funds
Restricted fuiids
13,681,737 16,.519,631 (16,424,827)
20,000
(81,046)
20,000
(20,000)
13.715,495
Total funds
13.681,737 16,539,631 (16,424,827)
(81,046)
13,715,495
29

1 1114lNGHAM SC14001S TRUST
NOTES TO THE IIINANCIAL STA'fLI MCNTS (continued)
riOR THL YEIAR ENDLTD 31 AUGUST 2022
17. SUMMARY OF MOVEMENTS ON FUNDS (continued)
Al
I September
2020
At
31 August
2021
IneoD]e
Y.xpendilure
Gxin5
Losses
General funds
Resli'icled funds
13,752,628
14,592.309
{14.784,768)
121,568
13,681,737
Toldl funds
13,752,628
14,592,309
(14,784,768)
121,568
13,681.737
Fuvd5
The Restricted Fund coinprises a donation made by Friends of St Teresa's towai'ds the new sports pavilion built during
Ihe yeai. ai St TeiEsa's. The donation was subsequently transferred out of restricted fund5 when spent on the
construction of the new sports pavilion and thus fiilfilling the tenn5 of the gift.
30

I F￿1￿C1]lAm SCHOOLS TRUSI,
NOTCI.S I'O Tl.Ir. ri INANClikL STAI'EMENTS (Lotitinued)
riOR THf. YF.AR fi,NDCI D 31 AUGUS'I. 2022
17. PRIOR YEAR STATEMENT OF FINANCIAL AcfiviTIE4S
TotAI
21121
ri und5
INCOME FIIOM
Charitable activili¢s
'ruition fees
Othci. tducational income
I'i'xding a¢tivities
lading in¢oine
Lettings
liivestinent:
Baiik interest
Dividends
Dongtions
Cjcneral
Grants
13,738,931
544,291
13.738.931
544.291
90,005
10,687
90.005
10.687
62
20,785
62
20.785
1.847
185,701
1,847
185.701
Total income
14.592.309
14.592,309
FXPF.NDITURE ON
Expciidllure Charit¥ble Activity
Ti-ust opei'atiijg c05t:
Teaching costs
Welfare
PJeini5es
Suppoi"I costs and govei'iian¢e
Rai5iiJg funds
TJBding expenditLITe
Finance cosis
8,603,958
1,335,863
3,146,374
1,625,292
8,603,958
1,335,863
3,146,374
1,625,292
10.288
62.993
10,288
62,993
Total expellditure
14.784.768
14,784,768
Net income l(expeJidilure)
{192.459)
(192,459}
Gains / (Ios5es) on investinent ¢issels
121,568
121,568
TTaiisfer between ￿IldS
Net inovement in fuiids
(70,891)
(70,891)
Balance bi'oiiglit forwai'd al
I S¢pteinber 2021
13,752.628
13,752,628
Balaiiee cai'ried forivard at
31 August 2022
13,681,737
13,681,737