||**Page**|
|---|---|
|**Company information**|1-2|
|Directors' report (incorporating the Strategic report)|3-16|
|Directors' Responsibilities Statement|17|
|Independent auditor's report|18-21|
|Financial statements ofthecompany :||
|Consolidated Statement of Financial Activities|`22`|
|Charity Statement of Financial Activities|`23`|
|Consolidated and Charity Balance Sheets|24|
|Consolidated Statement of Cash Flows|`25`|
|Notes tothe Financial Statements|26-47|





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||||**Total**|**Of which**|
|---|---|---|---|---|
|||||**boarders**|
|Senior|School|(13-18 years)|371|177|
|Lower|School|(7-13 years)|130|10|
|Total|||501|187|





|||**Boys**|**Girls**|
|---|---|---|---|
|Senior|School|225|146|
|Lower|School|86|44|
|Total||311|190|



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|**Summary of financial performance 2020 - 2021**||
|---|---|
|Surplus forthe Year (see Page 12)|379,822|
|Loss Ellesmere College Enterprises Ltd|-53,799|
|Loss Ellesmere College International Ltd|-60|
|Less Depreciation|-262,303|
|Add Special Projects|32,452|
|Surplus (see Page 21)|**96,112**|
|*ofwhich £81,221 were unrestricted||



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## 

|||Unrestricted|Restricted|Endowed|Total|Total|
|---|---|---|---|---|---|---|
||Notes|Funds|Funds|Funds|2021|2020|
|||£|£|£|£|£|
|**Income and Endowments from :**|||||||
|**Charitable Activities**|||||||
|School fees receivable|3|7,577,058|(6,699)||7,570,359|8,334,079|
|nciiiary trading income|4|776,415|||776,415|748,704|
|**Other trading activities**|||||||
|Non-ancillary trading income|5|55,490|||55,490|88,439|
|Other activities|5|||||3,964|
|**Investments**|||||||
|Investment income|6|8,283|||8,283|6,259|
|Bank andother interest|||||||
|**Voluntary sources**|||||||
|Grants and Donations|7|1,131,909|29,693||1,161,602|1,177,601|
|**Other incoming resources**||292|||292|1,878|
|**TOTAL INCOMING RESOURCES**||9,549,447|22,994||9,572,441|10,360,924|
|**Expenditure on Raising Funds**|||||||
|Nonancillarytradingcosts|8|105,879|||105,879|108,481|
|Other incomegenerating activities||716,144|||716,144|761,109|
|Financing costs|9|63,902|||63,902|143,925|
|Investment management||2,353|||2,353|2,202|
|Fundraising and development||112,748|||112,748|116,336|
|**TOTAL DEDUCTIBLE COSTS**|8|1,001,026|||1,001,026|1,132,053|
|**Charitable Activities**|||||||
|Education|8|8,529,188|8,103||8,537,291|8,886,513|
|**TOTAL EXPENDITURE**|8|9,530,214|8,103||9,538,317|10,018,566|
|**Net income**|||||||
|**before transfers**||19,233|14,891||34,124|342,358|
|Realised gains on investmentassets|13|23,511|||23,511|9,269|
|Unrealised gains on investmentassets|13|38,477|||38,477|(7,657)|
|**Net income/(expenditure)**||81,221|14,891||96,112|343,970|
|Transfers betweenfunds|24||||||
|**Net Movement** in **funds for the year**||61,221|14,891||96,112|343,970|
|Fund balances at 1stSeptember||4,593,888|46,931||4,640,819|4,296,849|
|**FUND BALANCES AS AT 31ST AUGUST**||4,675,109|61,822||4,736,931|4,640,819|





## 

## 

|||Unrestricted|Restricted|Endowed|Total|Total|
|---|---|---|---|---|---|---|
||Notes|Funds|Funds|Funds|2021|2020|
|||£|£|£|£|£|
|**Income and Endowments from :**|||||||
|**Charitable Activities**|||||||
|Schoolfees receivable|3|7,577,058|(6,699)||7,570,359|8,334,079|
|Ancillary trading income|4|776,415|||776,415|748,704|
|**Other trading activities**|||||||
|Ellesmere CollegeEnterprises Ltd||18,694|||18,694|11,780|
|Other activities|5|||||3,964|
|**Investments**|||||||
|Investment income|6|8,283|||8,283|6,259|
|**Voluntary sources**|||||||
|Grants and Donations|7|1,131,909|29,693||1,161,602|1,177,601|
|**Other incoming resources**||292|||292|1,878|
|**TOTAL INCOMING RESOURCES**||9,512,651|22,994||9,535,645|10,284,265|
|**Expenditure on Raising Funds**|||||||
|NonAncillary Trading||18,694|||18,694|11,780|
|Other incomegenerating activities||716,144|||716,144|761,109|
|Financingcosts|9|63,432|||63,432|139,799|
|Investment management||2,353|||2,353|2,202|
|Fundraising and development||112,748|||112,748|116,336|
|**TOTAL DEDUCTIBLE COSTS**|8|913,371|||913,371|1,031,226|
|**Charitable Activities**|||||||
|Education|8|8,526,188|8,103||8,534,291|8,886,165|
|**TOTAL EXPENDITURE**|8|9,439,559|8,103||9,447,662|9,917,391|
|**Net income**|||||||
|**before transfers**||73,092|14,891||87,983|366,874|
|Realised gains on investmentassets|13|23,511|||23,511|9,269|
|Unrealisedgains on investmentassets|13|38,477|||38,477|(7,657)|
|**Net income**||135,080|14,891||149,971|368,486|
|Transfers betweenfunds|24||||||
|**Net Movement in funds for the year**||135,080|14,891||149,971|368,486|
|Fund balances at 1stSeptember||4,618,404|46,931||4,665,335|4,296,849|
|**FUND BALANCES AS AT 31ST AUGUST**||4,753,484|61,822||4,815,306|4,665,335|





## 

## 

||**Note**|**Group**||**Charity**||
|---|---|---|---|---|---|
|||**2021**|2020|**2021**|2020|
|||£|£|£|£|
|**FIXED ASSETS**||||||
|Tangible assets|12|7,663,924|7,843,891|7,663,924|7,843,891|
|Securities Investments|13|461,384|393,466|461,485|393,567|
|||8,125,308|8,237,357|8,125,409|8,237,458|
|**CURRENT ASSETS**||||||
|Stock||33,398|37,056|28,531|31,422|
|Debtors|14|706,565|676,508|814,496|724,316|
|Cash at bank and in hand||353,657|37,942|319,363|12,981|
|||1,093,620|751,506|1,162,390|768,719|
|**CURRENT LIABILITIES**||||||
|Creditors payable within one year|15|(3,325,468)|(3,145,576)|(3.315.964)|(3,138,374)|
|**NET CURRENT LIABILITIES**||(2,231,848)|(2,394,070)|(2,153,574)|(2,369,655)|
|**TOTAL ASSETS LESS CURRENT **|**LIABILITIES**|5,893,460|5,843,287|5,971,835|5,867,803|
|**LONG TERM LIABILITIES**||||||
|Creditors payable after one year|16|(1,156,429)|(1,202,368)|(1,156,429)|(1,202,368)|
|**NET ASSETS**||4,737,031|4,640,919|4,815,406|4,665,435|
|**REPRESENTED BY :**||||||
|Called up share capital|21|100|100|100|100|
|**RESTRICTED FUNDS**|24|61,822|46,931|61,822|46,931|
|**UNRESTRICTED FUNDS**||||||
|General reserve|24|4,675,109|4,593,888|4,753,484|4,618,404|
|||4,737,031|4,640,919|4,815,406|4,665,435|





## 

||**Note**|**Group**|**Group**|
|---|---|---|---|
|||**2021**|**2020**|
|||£|£|
|**Cash flows from operating activities :**||||
|Netcash provided byoperating activities|31|483,528|269,964|
|**Cash flows from investing activities :**||||
|Dividends, interestand rentsfrom investments|6|8,283|6,259|
|Proceedsfromthe sale ofproperty, plantand equipment||||
|Purchase ofproperty, plantand equipment||(82,336)|(40,254)|
|Proceedsfromsale ofinvestments||90,880|84,885|
|Purchase ofinvestments||(96,810)|(88,943)|
|**Net cash used** in **investing activities**||(79,983)|(38,053)|
|**Cash flows from financing activities :**||||
|Repaymentsofborrowing||(156,135)|(149,877)|
|Financing costs||(63,902)|(140,330)|
|**Net cash used** in**financing activities**||(220,037)|(290,207)|
|**Change** in **cash and cash equivalents** in **the year**||183,508|(58,296)|
|**Cash and cash equivalents at the beginning of the year**||(711,039)|(652,743)|
|**Cash and cash equivalents at the end of the year**|32|(527,531)|(711,039)|





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## 



|The Schoolfees income comprises:|||
|---|---|---|
||**`2021`**|`2020`|
||£|£|
|Grossfees|10,627,998|11,467,576|
|Less: Total scholarships, bursaries, etc|(3,057.639)|(3,133.497)|
||7,570,359|8,334,079|
|Add back : Scholarships, Grants etc. paid for by|||
|Restricted Funds|6,699|15,506|
|Unrestricted :|7,577,058|8,349,585|



||**`2021`**|`2020`|
|---|---|---|
||`£`|`£`|
|Entrancefeesand registrationfees|10,359|8,509|
|Fees in lieu ofnotice|130,579|55,193|
|Extra subjects|333,941|429,267|
|Other ancillaryeducational income|5,703|4,323|
|Pupil Bussing|202,550|160,532|
|Activities, Clubs, Events and House income|93,283|90,880|
||776,415|748,704|



## 

|**OTHER TRADING ACTIVITIES (UNRESTRICTED) - GROUP**|||
|---|---|---|
||**`2021`**|`2020`|
||`£`|`£`|
|**Non-ancillary trading income**|||
|Ellesmere College Enterprises Limited|55,490|88,439|
|Ellesmere College International Limited|||
||55,490|88,439|
|Interest receivable - pupils' bills||3,964|
||55,490|92,403|





||Unrestricted|Unrestricted|Restricted|Restricted|Endowed||**Total**||Total|
|---|---|---|---|---|---|---|---|---|---|
||||||||**`2021`**||2020|
|||£||£|£|£||£||
|**Securities investment income**||||||||||
|Dividends||7,594|||||7,594||6,241|
|Fixed interest||689|||||689||18|
|||8,283|||||8,283||6,259|
|£6,259 of income in 2020 was unrestricted.||||||||||
|**VOLUNTARY SOURCES - GRANTS **|**AND **|**DONATIONS**||||||||
||Unrestricted||Restricted||Endowed||**Total**||Total|
||||||||**`2021`**||2020|
|||||||£||£||
|Donations||25,198||29,693||54,891||55,797||
|Government Grant - CJRS|1,106,711|||||1,106,711||1,121,804||
||1,131,909|||29,693||1,161,602||1,177,601||



## 

## 

## 

|**a)Total Expenditure - Group**||||||
|---|---|---|---|---|---|
||Staff Costs|Depreciation|Support|**Total**|Total|
||(note 10)|(note 12)|Costs|**`2021`**|2020|
||£|£|£|£|£|
|**Costs of raising funds**||||||
|Non ancillary trading costs|67,376||38,503|105,879|108,481|
|Other income generating activities|444,070||272,074|716,144|761,109|
|Financing cost (note 9)|||63,902|63,902|143,925|
|Investment management|||2,353|2,353|2,202|
|Fundraising and development|103,766||8,982|112,748|116,336|
|**Total**|615,212||385,814|1,001,026|1,132,053|
|**Charitable Expenditure**||||||
|**Education**||||||
|Teaching|4,334,197|28,058|383,805|4,746,060|4,830,826|
|Welfare|573,348||449,918|1,023,266|1,030,727|
|Premises|793,619|234,245|952,032|1,979,896|1,930,772|
|School administration and governance|308,982||477,083|786,065|1,089,906|
|Grants, awards and prizes (note 8c)|||2,004|2,004|4,282|
|**Total**|6,010,146|262,303|2,264,842|8,537,291|8,886,513|
|**Total Expended - Group**|6,625,358|262,303|2,650,656|9,538,317|10,018,566|





|**b)Total Expenditure - Charity**||||||
|---|---|---|---|---|---|
||Staff Costs|Depreciation|Support|**Total**|Total|
||(note 1 O)|(note 12)|Costs|**2021**|2020|
||£|£|£|£|£|
|**Costs of raising funds**||||||
|Non Ancillary Trading|||18,694|18,694|11,780|
|Other income generating activities|444,070||272,074|716,144|761,109|
|Financing cost (note 9)|||63,432|63,432|139,799|
|Investment management|||2,353|2,353|2,202|
|Fundraising and development|103,766||8,982|112,748|116,336|
|**Total**|547,836||365,535|913,371|1,031,226|
|**Charitable Expenditure**||||||
|**Education**||||||
|Teaching|4,334,197|28,058|383,805|4,746,060|4,830,826|
|Welfare|573,348||449,918|1,023,266|1,030,727|
|Premises|793,619|234,245|952,032|1,979,896|1,930,772|
|School administration and governance|308,982||474,083|783,065|1,089,558|
|Grants, awards and prizes (note 8c)|||2,004|2,004|4,282|
|**Total**|6,010,146|262,303|2,261,842|8,534,291|8,886,165|
|**Total Expended - Charity**|6,557,982|262,303|2,627,377|9,447,662|9,917,391|





## 

|Ellesmere College makes awardsto individualfamiliesto supportschooling||||
|---|---|---|---|
|||**`2021`**|**`2020`**|
|**From Restricted Funds :**|£||£|
|Bursariesand othergrants and awards||6,699|15,506|
|**From unrestricted funds :**||||
|Prizes and leaving awards||2,004|4,282|
|||8,703|19,788|



## 

|Ellesmere College reimbursesgovernorsfor outofpocketexpenses includingtravel,subsistence|Ellesmere College reimbursesgovernorsfor outofpocketexpenses includingtravel,subsistence||
|---|---|---|
|and accommodation,where a claim is made. Notrusteeswere reimbursed duringthe year(2019 : NIL).|||
|**Group**|**`2021`**|**`2020`**|
||£|£|
|Remuneration paidto auditorfor auditservices|21,450|15,700|
|Additional remuneration paidto auditorfor prior years|4,760|12,000|
|Other governance costs||153|
||26,210|27,853|
|**Charity**|||
|Remuneration paid to auditorforauditservices|18,450|13,000|
|Additional remuneration paid to auditorfor prioryears|4,760|12,000|
|Reimbursementofpersonal expensesto governors|||
|Othergovernancecosts||153|
||23,210|25,153|



## 

|**FINANCING COSTS**|||
|---|---|---|
||**`2021`**|**`2020`**|
|**Group**|£|£|
|Bank charges and Bank Loan Interest|47,251|61,284|
|Bad and doubtful debtincrease in provision|16,651|82,641|
||63,902|143,925|
|**Charity**|||
|Bankcharges and Bank Loan Interest|46,781|60,753|
|Bad and doubtful debtincrease in provision|16,651|79,046|
||63,432|139,799|





|**10**|**STAFF COSTS**|||
|---|---|---|---|
||The aggregate payroll costsfortheyearwere :|**2021**|**2020**|
|||£|£|
||**Group**|||
||Wages and salaries|5,383,346|5,622,031|
||Social securitycosts|491,217|509,979|
||Other pension costs|743,139|800,922|
||Private medical insurance|7,656|9,604|
|||6,625,358|6,942,536|
||**Charity**|||
||Wages and salaries|5,319,512|5,564,196|
||Social securitycosts|488,916|507,905|
||Other pension costs|741,898|799,571|
||Private medical insurance|7,656|9,604|
|||6,557,982|6,881,276|



|connected|body.|||||
|---|---|---|---|---|---|
|||||**2021**|**2020**|
|Aggregate|employee|benefits|ofkeymanagementpersonnel|615,646|772,386|





## 

||**`2021`**|**`2020`**|
|---|---|---|
||Number|Number|
|£70,000 - £80,000|1||
|£80,000 - £90,000|1||
|£90,000 -£100,000||1|
|£140,000 -£150,000||1|
|£180,000 -£190,000||1|
|£190,000 - £200,000|||
|The number with retirement benefits accruing :|||
|- in Defined Contribution schemes was|||
|Of which the contributions amounted to|4,200|15,356|
|- in Defined Benefit schemes was||2|



## 

||**`2021`**|**`2020`**|
|---|---|---|
||Number|Number|
|Teaching|111|114|
|Welfare|42|53|
|Premises|49|52|
|Support|26|27|
|**Group and Charity**|228|246|





|**Group and Charity**|Land and|Motor|Computer|Plant and|Total|
|---|---|---|---|---|---|
||Buildings|Vehicles|Equipment|Equipment||
||Freehold|||||
||£|£|£|£|£|
|**Cost**||||||
|At 1 September2020|8,834,333|219,478|78,023|1,584,421|10.716.255|
|Additions|||82,336||82,336|
|Disposals||||(36,863)|(36,863)|
|**As 31 August 2021**|8,834,333|219,478|160,359|1,547,558|10,761,728|
|**Depreciation**||||||
|At 1 September2020|1,511,908|186,116|42,074|1,132,266|2,872,364|
|Chargefortheyear|153,529|15,796|18,058|74,920|262,303|
|Disposals||||(36,863)|(36,863)|
|**At 31 August 2021**|1,665,437|201,912|60,132|1,170,323|3,097,804|
|**Net book value**||||||
|**at 31 August 2021**|7,168,896|17,566|100,227|377,235|7,663,924|
|**Net book value**||||||
|**at 31 August 2020**|7,322,425|33,362|35,949|452,155|7,843,891|





## 

|**SECURITIES INVESTMENTS**||||
|---|---|---|---|
||**Securities**|**Securities**||
|**Group**|**Investments**|**Investments**||
||**2021**||`2020`|
||£|£||
|**Group Investments**||||
|At 1 September|393,466|387,797||
|New money invested||||
|Reinvested income|8,283||6,259|
|Investment managementfees|(2,353)|(2,202)||
|Increase in value of investments|61,988||1,612|
|**Group investments at 31 August**|461,384|393,466||
|Investment in subsidiaries|101||101|
|**Charity investments at 31 August**|461,485|393,567||
|**Investments comprise :**||||
|**Listed Investments**||||
|Index Linked|6,838||18,738|
|Other UK Fixed Interest|26,864||12,374|
|UK Specialist Credit|o||6,110|
|Property|21,343||o|
|Overseas Index Linked|11,483||11,567|
|Alternative investments|25,901||49,708|
|Multi Asset|7,073|11,715||
|Global|27,624||21,539|
|UK Equities|163,993|100,572||
|America Indirect|o||82,581|
|Continental Europe|25,590||10,280|
|North America|78,304||o|
|Japan Indirect|13,214||11,166|
|Pacific Basin|31,400||8,360|
|Pacific Basin Indirect|o||18,705|
|Other overseas equities|20,266||16,991|
|**Cash**|1,491||13,060|
|**Group investments at 31 August**|461,384|393,466||
|Investment in subsdiaries|101||101|
|**Charity investments at 31 August**|461,485|393,567||
|**Historical cost of investments**|349,855|308,703||





|**DEBTORS**|||||
|---|---|---|---|---|
||**Group**||**Charity**||
||**`2021`**|`2020`|**`2021`**|`2020`|
||£|£|£|£|
|Schoolfees receivable|343,187|183,883|343,187|183,883|
|Trade debtors|231|1,265|||
|Other debtors|140,505|299,468|140,505|299,468|
|Prepayments and accrued income|220,034|190,207|219,510|189,360|
|Amounts duetrom subsidiary companies|||108,686|49,920|
|Amounts due from parent company|2,608|1,685|2,608|1,685|
||706,565|676,508|814,496|724,316|



|**CREDITORS: DUE WITHIN ONE YEAR**|||||
|---|---|---|---|---|
||**Group**||**Charity**||
||**`2021`**|`2020`|**`2021`**|`2020`|
||£|£|£|£|
|Bank loans and overdrafts|1,039,775|898,063|1,039,775|898,063|
|Fees received from parents in advance|||||
|ofterm|1,079,953|1,020,065|1,079,953|1,020,065|
|Repayable depositsfrom parents|379,209|442,138|379,209|442,138|
|Trade creditors|256,569|254,239|250,143|251,545|
|Taxation and social security|125,527|149,063|123,192|147,715|
|Other creditors|116,231|141,741|116,231|141,741|
|Accruals|328,204|240,267|321,240|232,707|
|Amounts due to subsidiary companies|||6,221|4,400|
||3,325,468|3,145,576|3,315,964|3,138,374|



## 

||**Group and Charity**||
|---|---|---|
||**`2021`**|`2020`|
||£|£|
|Repayable Depositsfrom Parents|599,600|479,900|
|Bank loans|556,829|722,468|
||1,156,429|1,202,368|





## 

|||**`2021`**|`2020`|
|---|---|---|---|
|||£|£|
|The|bank loans are repayable by instalments|||
|Due|after 5 years|20,484|63,389|
|Due|within 2 to 5 years|374,795|498,929|
|Due|within 1 to 2 years|161,550|160,150|
|Due|after more than one year|556,829|722,468|
|Due|within 1 year|158,586|149,082|
|||715,415|871,550|



|**18**|**REPAYABLE DEPOSITS FROM PARENTS**|||
|---|---|---|---|
|||**`2021`**|`2020`|
|||£|£|
||The deposits become repayable when the pupil leaves :|||
||Due after 5 years|67,400|60,000|
||Due within 2 to 5 years|361,000|270,500|
||Due within 1 to 2 years|171,200|149,400|
||Due after more than one year|599,600|479,900|
||Due within 1 year|379,209|442,138|
|||978,809|922,038|
|**19**|**COMMITMENTS UNDER OPERATING LEASES**|||
|||**`2021`**|`2020`|
|||£|£|
||Within 1 year|33,372|41,235|
||Between 2 and 5 years|61,161|94,533|
||After 5 years|||
|||94,533|135,768|





## 

|**FINANCIAL INSTRUMENTS**|||
|---|---|---|
||**`2021`**|`2020`|
||£|£|
|**FINANCIAL ASSETS:**|||
|**Debt instruments at amortised cost**|||
|Trade debtors|343,418|185,148|
|Group debtors|2,608|1,685|
|Otherdebtors|140,505|299,468|
||486,531|486,301|
|The comparative figures have been restated to show an|accurate postion ofthe financial|insturments.|
||**`2021`**|`2020`|
||£|£|
|**FINANCIAL LIABILITIES:**|||
|**Financial liabilities at amortised cost**|||
|Bank overdrafts|881,188|748,981|
|Trade creditors|256,569|254,239|
|Group creditors|||
|Other creditors|715,832|647,512|
|Accruals|328,204|240,267|
|Borrowings - bank loans|715,415|871,550|
||2,897,208|2,762,549|



|**SHARE CAPITAL**|||||
|---|---|---|---|---|
|||**`2021`**||`2020`|
||£||£||
|**Authorised**|||||
|100 Ordinary shares of£1 each||100||100|
|**Allotted, called up and fully paid**|||||
|100 Ordinary shares of£1 each||100||100|





## 

## 

## 

## 

||||**Total**|
|---|---|---|---|
||Unrestricted|Restricted|**2021**|
||£|£|£|
|Tangiblefixed assets|7,663,924||7,663,924|
|Securities investments|461,384||461,384|
|Netcurrent (liabilities)/assets|(2,231,848)|61,822|(2,170,026)|
|Long term liabilities|(1,156,429)||(1,156,429)|
||4,737,031|61,822|4,798,853|
||||**Total**|
||Unrestricted|Restricted|**2020**|
||£|£|£|
|Tangiblefixed assets|7,843,891||7,843,891|
|Securities investments|393,467||393,467|
|Netcurrent (liabilities)/assets|(2,441,002)|46,931|(2,394,071)|
|Longterm liabilities|(1,202,368)||(1,202,368)|
||4,593,988|46,931|4,640,919|





||Balanceat 1||||Gains/||
|---|---|---|---|---|---|---|
||September|Incoming|Resources|(Losses)/||Balance at 31|
||2020|resources|expended|Transfers||August2021|
||£|£|£|£||£|
|**Restricted Funds**|||||||
|Schulze Fund|4,435||(4,435)||||
|Peter Messenger Fund|3,358|12|200|||3,570|
|Mullock Scholarship|1,899|475||||2,374|
|Enhance Ellesmere|27,589|607|(3,668)|||24,528|
|IanBeer Rugby Scholarship|604|279|(883)||||
|Silver Cross Scholarship|1,555||(1,555)||||
|LeaversGift|7,491|18,320||||25,811|
|Walker Scholarship|||||||
|AdlardScholarship||10,000|(4.461y|||5.539|
||46,931|29,693|(14,802)|||61,822|
|**Unrestricted Funds**|||||||
|General Reserve|4,593,888|9,549,447|(9,530,214)|61,988||4,675,109|
||balanceat 7||||6amns/||
||September|Incoming|Resources|(Losses)/||Balance at 31|
||2019|resources|expended|Transfers||August2020|
||£|£|£|£||£|
|**Restricted Funds**|||||||
|Schulze Fund|4,435|||||4,435|
|Peter Messenger Fund|2,778|1,180|(600)|||3,358|
|Mullock Scholarship||11,394|(9,495)|||1,899|
|Enhance Ellesmere|31,427|17,427|(21,265)|||27,589|
|Covid FaceMask Project||8,127|(8,127)||||
|Ian Beer RugbyScholarship|268|336||||604|
|Silver Cross Scholarship|2,777||(1,222)|||1,555|
|LeaversGift|(2,021)|16,250|(15,301)||8,563|7,491|
|Walker Scholarship|4,189||(4.189)||||
||43,853|54,714|(60,199)||8,563|46,931|
|**Unrestricted Funds**|||||||
|General Reserve|4,252,996|10,321,716|(9,973,873)|(6,951)||4,593,888|





## 

## 



## 

## 

## 



## 

## 

||**2021**|**2020**|
|---|---|---|
|Opening charity creditor|(4,400)|(4,872)|
|Opening charity debtor|49,920|283,708|
|Recharged tosubsidiaries|87,238|79,696|
|Paid bysubsidiaries|(28,471)|(313,483)|
|Invoiced by Subsidiaries|(99,578)|(183,289)|
|Paid by Ellesmere College|97,756|183,760|
|GiftAidfrom Subsidiary|||
||102,465|45,520|
|Closing charitycreditor|**(6,221)**|**(4,400)**|
|Closing charitydebtor|**108,686**|**49,920**|
||**102465**|**45,520**|





## 

## 

|**Year Ended** 31 **August 2020**|||||
|---|---|---|---|---|
||Unrestricted|Restricted|Endowed|Total|
||Funds|Funds|Funds|2020|
||£|£|£|£|
|**lnrme an Fnumnte from ·**|||||
|**Charitable Activities**|||||
|School fees receivable|8,349,585|(15,506)||8,334,079|
|Ancillary trading income|748,704|||748,704|
|**Other trading activities**|||||
|Non-ancillarytrading income|88,439|||88,439|
|Other activities|3,964|||3,964|
|**Investments**|||||
|Investment income|6,259|||6,259|
|Bank and other interest|||||
|**Voluntary sources**|||||
|Grants and Donations|1,122,887|54,714||1,177,601|
|Other incoming resources|1,878|||1,878|
|**TOTAL INCOMING RESOURCES**|10,321,716|39,208||10,360,924|
|**Expenditure on Raising Funds**|||||
|Non ancillary trading costs|108,481|||108,481|
|Other income generating activities|761,109|||761,109|
|Financing costs|143,925|||143,925|
|Investment management|2,202|||2,202|
|Fundraising and development|116,336|||116,336|
|**TOTAL DEDUCTIBLE COSTS**|1,132,053|||1,132,053|
|**Charitable Activities**|||||
|Education and grantmaking|8,841,820|44,693||8,886,513|
|**TOTAL EXPENDITURE**|9,973,873|44,693||10,018,566|
|**Net income and expenditure**|||||
|**before transfers**|347,843|(5,485)||342,358|
|Realised gains on investment assets|9,269|||9,269|
|Unrealised gains on investment assets|(7,657)|||(7,657)|
|**Net incoming/(outgoing) resources**|349,455|(5,485)||343,970|
|Transfers between funds|(8,563)|8,563|||
|**NET INCOME AND CAPITAL (OUTFLOW)**|340,892|3,078||343,970|
|Pension scheme actuarial losses|||||
|**Net Movement in funds for the year**|340,892|3,078||343,970|
|Fund balances at 1st September 2019|4,252,996|43,853||4,296,849|
|**FUND BALANCES AS AT 31ST AUGUST 2020**|4,593,888|46,931||4,640,819|





## 

## 

||**Group**|Group|
|---|---|---|
||**2021**|2020|
||£|£|
|**Net income for the reporting period (as per the statement**|||
|**of financial activities)**|96,112|343,970|
|**Adjustments for:**|||
|Depreciation charges|262,303|274,157|
|(Gains)on investments|(61,988)|(1,612)|
|Dividends, interestand rentsfrom investments|(8,283)|(6,259)|
|Financing costs|63,902|140,330|
|Decrease/(lncrease) in stocks|3,658|23,697|
|Decrease/(lncrease) in debtors|(30,057)|29,333|
|lncrease/(Decrease) in creditors|157,881|(533,652)|
|**Net cash provided by operating activities**|483,528|269,964|
||**Group**|Group|
||**2021**|2020|
||£|£|
|**32. ANALYSIS OF CASH AND CASH EQUIVALENTS**|||
|Cash atbankand in hand|353,657|37,942|
|Overdraftfacility repayable on demand|(881,188)|(748,981)|
|**Total cash and cash equivalents**|(527,531)|(711,039)|



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