||Page|
|---|---|
|Companyinformation|1-2|
|Directors'report(incorporatingtheStrategicreport)|3—14|
|Directors'ResponsibilitiesStatement|15|
|Independentauditor'sreport|16-19|
|Financialstatementsofthecompany:||
|ConsolidatedStatementofFinancialActivities|20|
|CharityStatementofFinancialActivities|21|
|ConsolidatedandCharityBalanceSheets|22|
|ConsolidatedStatementofCashFlows|23|
|NotestotheFinancialStatements|24-45|





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|<br>calcommunity.|Pupiln|umbers|att|hesch|oold|uringtheyearwe|re|<br>asfollows:|<br>|
|---|---|---|---|---|---|---|---|---|---|
|||||Total||Ofwhichare||Total|Ofwhichare|
|||||2023||boaTdirs||2022|boarders|
|Seniorschool|-<br>(fi|years||446||229||406|217|
|LowerSchool|(7-13|years)|i|134||10||171|10|
|Total||||583|_|||577|227|
|||||Boys||Girls|I|Boys|Girls|
|SeniorSchool||||294||155||255|151|
|LowerSchool||||83||51|j,|108|63|
|Total|||_;.|377|__|206|I|363|214___|



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|hedirectorswhoservedduringtheye|ar,andthecommitteesofwhichtheyaremembers,ar|
|---|---|
|CELillis(Chairman)|FinanceandGeneralPurposes|
||Investment|
|KECastle|RegulatoryCompliance|
|SMConnor|Education|
|RAKHoppins|FinanceandGeneralPurposes|
||Investment|
|JCPochin|FinanceandGeneralPurposes|
|MDTSampson|RegulatoryCompliance|
|JScanlon|Education,RegulatoryCompliance|
|ASutton|Education|
|JMTrowbridge|Education|
|MAWard|(fullCouncil)|



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|||Unrestricted|Restricted|Endowed|Total|Total|
|---|---|---|---|---|---|---|
||Notes|Funds|Funds|Funds|2023|2022|
|||£|£|£|£|£|
|IncomeandEndowmentsfrom:|||||||
|CharitableActivities|||||||
|Schoolfeesreceivable|2|10,372,111|(12,122)||10,359,989|9,031,655|
|Ancillarytradingincome|3|1,093,630|||1,093,630|949,371|
|Othertradingactivities|||||||
|Non-ancillarytradingincome|4|631,524|||631,524|212,633|
|Otheractivities|4|4,369|||4,369|7,390|
|Investments|||||||
|Investmentincome|5|7,312|||7,312|6,692|
|Voluntarysources|||||||
|GrantsandDonations|6|1,037|19,200||20,237|40,292|
|Otherincomingresources||62,572|||62,572|134,215|
|TOTALINCOMINGRESOURCES||12,172,555|7,078||12,179,633|10,382,248|
|ExpenditureonRaisingFunds|||||||
|Nonancillarytradingcosts|7|405,814|||405,814|186,962|
|Ancillarytradingexpenses||1,108,004|||1,108,004|1,004,597|
|Financingcosts|8|254,656|||254,656|17,216|
|Investmentmanagement||2,465|-||2,465|2,515|
|Fundraisinganddevelopment||142,560|||142,560|102,873|
|TOTALDEDUCTIBLECOSTS|7|1,913,499|||1,913,499|1,314,163|
|CharitableActivities|||||||
|Education|7|10,565,847|8,207||10,574,054|9,411,913|
|TOTALEXPENDITURE|7|12,479,346|8,207||12,487,553|10,726,076|
|NetExpenditure|||||||
|beforetransfers||(306,791)|(1,129)||(307,920)|(343,828)|
|Realisedgains/(losses)oninvestmentassets|13|(420)|||(420)|23,235|
|Unrealisedgains/(losses)oninvestmentasset:|13|(6,810)|||(6,810)|(65,875)|
|NetExpenditure||(314,021)|(1,129)||(315,150)|(386,468)|
|Transfersbetweenfunds|24|||-|||
|NetMovementinfundsfortheyear||(314,021)|(1,129)||(315,150)|(386,468)|
|Fundbalancesat1stSeptember||4,284,724|65,739||4,350,463|4,736,931|
|FUNDBALANCESASAT31STAUGUST||3,970,703|64,610||4,035,313|4,350,463|





## 

## 

|||Unrestricted|Restricted|Endowed|Total|Total|
|---|---|---|---|---|---|---|
||Notes|Funds|Funds|Funds|2023|2022|
|||£|£|£|£|£|
|IncomeandEndowmentsfrom:|||||||
|CharitableActivities|||||||
|Schoolfeesreceivable|2|10,372,111|(12,122)||10,359,989|9,031,655|
|Ancillarytradingincome|3|1,093,630|||1,093,630|949,371|
|Othertradingactivities|||||||
|RechargestoEllesmereCollegeEnterprises||42,295|||42,295|26,639|
|Otheractivities|4|4,369|||4,369|7,390|
|Investments|||||||
|Investmentincome|5|7,312|||7,312|6,692|
|Voluntarysources|||||||
|GrantsandDonations|6|160,999|19,200||180,199|40,292|
|Otherincomingresources||62,572|-||62,572|134,215|
|TOTALINCOMINGRESOURCES||11,743,288|7,078||11,750,366|10,196,254|
|ExpenditureonRaisingFunds|||||||
|NonAncillaryTrading||42,295|||42,295|26,639|
|Ancillarytradingexpenses||1,108,004|||1,108,004|1,004,597|
|Financingcosts|8|253,798|||253,798|16,510|
|Investmentmanagement||2,465|||2,465|2,515|
|Fundraisinganddevelopment||142,560|||142,560|102,873|
|TOTALDEDUCTIBLECOSTS|7|1,549,122|||1,549,122|1,153,134|
|CharitableActivities|||||||
|Education|7|10,557,367|8,207||10,565,574|9,408,913|
|TOTALEXPENDITURE|7|12,106,489|8,207||12,114,696|10,562,047|
|NetExpenditure|||||||
|beforetransfers||(363,201)|(1,129)||(364,330)|(365,793)|
|Realisedgains/(losses)oninvestmentassets|13|(420)|||(420)|23,235|
|Unrealisedgains/(losses)oninvestmentassets|13|(6,810)|||(6,810)|(65,875)|
|NetExpenditure||(370,431)|(1,129)||(371,560)|(408,433)|
|Transfersbetweenfunds|24||||||
|NetMovementinfundsfortheyear||(370,431)|(1,129)||(371,560)|(408,433)|
|Fundbalancesat1stSeptember||4,341,134|65,739||4,406,873|4,815,306|
|FUNDBALANCESASAT31STAUGUST||3,970,703|64,610||4,035,313|4,406,873|





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||Note|Group||Charity||
|---|---|---|---|---|---|
|||2023|2022|2023|2022|
|||£|£|£|£|
|FIXEDASSETS||||||
|Tangibleassets|12|7,616,453|7,503,322|7,616,453|7,503,322|
|SecuritiesInvestments|13|420,522|422,921|420,623|423,022|
|||8,036,975|7,926,243|8,037,076|7,926,344|
|CURRENT:ASSETS||||||
|Stock||48,582|55,553|41,573|47,910|
|Debtors|14|818,904|632,122|1,028,572|791,607|
|Cashatbankandinhand||177,323|110,225|6,277|11,604|
|||1,044,809|797,900|1,076,422|851,121|
|CURRENTLIABILITIES||||||
|Creditorspayablewithinoneyear|15|(4,166,546)|(3,741,347)|(4,198,260)|(3,738,259)|
|NETCURRENTLIABILITIES||(3,121,737)|(2,943,447)|(3,121,838)|(2,887,138)|
|TOTALASSETSLESSCURRENT|LIABILITIES|4,915,238|4,982,796|4,915,238|5,039,206|
|LONGTERMLIABILITIES||||||
|Creditorspayableafteroneyear|16|(879,825)|(632,233)|(879,825)|(632,233)|
|NETASSETS||4,035,413|4,350,563|4,035,413|4,406,973|
|REPRESENTEDBY:||||||
|Calledupsharecapital|21|100|100|100|100|
|RESTRICTEDFUNDS|24|64,610|65,739|64,610|65,739|
|UNRESTRICTEDFUNDS||||||
|Generalreserve||3,970,703|4,284,724|3,970,703|4,341,134|
|||4,035,413|4,350,563|4,035,413|4,406,973|





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||Note|Group|Group|
|---|---|---|---|
|||2023|2022|
|||`£`|£|
|Cashflowsfromoperatingactivities:||||
|Netcashprovidedbyoperatingactivities|31|230,170|473,464|
|Cashflowsfrominvestingactivities:||||
|Dividends,interestandrentsfrominvestments|6|7,312|6,692|
|Proceedsfromthesaleofproperty,plantandequipment||||
|Purchaseofproperty,plantandequipment||(433,598)|(131,490)|
|Proceedsfromsaleofinvestments||75,220|140,917|
|Purchaseofinvestments||(80,051)|(145,094)|
|Netcashusedininvestingactivities||(431,117)|(128,975)|
|Cashflowsfromfinancingactivities:||||
|Repaymentsofborrowing||(131,821)|(160,747)|
|RepaymentofexistingloantoHandelsbanken||(473,188)||
|DrawdownofBarclaysloan||540,000||
|Financingcosts||(254,656)|(17,216)|
|Netcashusedinfinancingactivities||(319,665)|(177,963)|
|Changeincashandcashequivalentsintheyear||(520,612)|166,526|
|Cashandcashequivalentsatthebeginningoftheyear||(361,005)|(527,531)|
|Cashandcashequivalentsattheendoftheyear|32|(881,617)|(361,005)|





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|d)|SchoolFeesReceivableandSimilarIncome|
|---|---|
||Feesreceivableandothereducationalincomeareaccountedforintheperiodinwhichtheservice|
||isprovided.Feesreceivablearestatedafterdeductingallowances,scholarshipsandother|
||remissionsbytheschool,butincludecontributionsreceivedfromrestrictedfundsforscholarships,|
||bursariesandothergrants.Alldebtsarefullyprovidedforunlesstheyrelatetocurrentpupilsowing|
||lessthantwotermsinwhichcaseapartialprovisionismade.|
|e)|AncillaryandNon-AncillaryTradingIncome|
||Ancillarytradingincomerepresentsamountsfromactivitiestogeneratefundswithinthecharitable|
||objectsforexample,tuitioninextrasubjectsandcoachestoandfromschool.Non-ancillarytrading|
||incomerepresentsamountsfromactivitiesnotdirectlyrelatedtothecharitableobjects,forexample|
||lettingsofschoolfacilitiesoutoftermtimeandsalesfromthetuckshopandvendingmachines.|
||IncomefromtheseactivitiesisrecognisedintheSOFAwhenthegoodsaresoldorservices|
||provided.|
|f)|Voluntarysources,GrantsandDonations|
||Voluntaryincomingresourcesareaccountedforasandwhenentitlementarises,theamountcan|
||reliablybequantifiedandtheeconomicbenefitisconsideredprobable.|
||Voluntaryincomeforgeneralpurposesisaccountedforasunrestrictedandiscreditedtothe|
||GeneralReserve.Wherethedonororanappealhasimposedtrustlawrestrictions,voluntary|
||incomeiscreditedtotherelevantrestrictedfundandincomingendowmentsareaccountedforas|
||permanenttrustcapitalorexpendabletrustcapital,accordingtowhetherthedonorintends|
||retentiontobepermanentornot.Giftsinkindarevaluedatestimatedopenmarketvalueatthe|
||dateofgift,inthecaseofassetsforretentionorconsumption,oratthevaluetotheschoolincase|
||ofdonatedservicesorfacilities.|
|g)|Expenditure|
||Expenditureisaccruedassoonasthereisacontractualobligationoraliabilityisconsidered|
||probable,discountedtopresentvalueforlongertermliabilities.Expenditureisallocatedtoexpense|
||headingseitheronadirectcostbasisorapportionedaccordingtotimespent.Theirrecoverable|
||elementofVATisincludedwiththeitemofexpensetowhichitrelates.Thecostofrefurbishing|
||andconvertingexistingbuildingsiswritten-offintheyearinwhichitisincurredexceptwherethe|
||usefullifeisextended.|
|h)|PensionCosts|
||TheschoolcompanyparticipatesintheTeachers'Pensionsscheme,whichisanunfunded|
||governmentscheme.TheTeachers'Pensionsschemeprovidesbenefitsbasedonfinal|
||pensionablepay.Thefundsoftheschemeareseparatefromthecompany,althoughthecompany's|
||shareoftheschemecannotbeidentifiedastheschemeisamulti-employerscheme,andsothe|
||pensioncostsareaccountedforasdefinedcontributionschemes.|
||ThecompanyoffersmembershipofthePensionsTrustFlexibleRetirementPlantoemployees|
||otherthanthefullandpart-timeacademicstaff.ThePensionsTrustFlexibleRetirementPlanisa|
||multi-employerpensionschemeswheretheschemeassetsarepooledforinvestmentpurposesand|
||cannotbeattributedtoindividualemployers.Benefitsarepaidfromthetotalschemeassets.Itis|
||inmostrespectsamoneypurchasearrangement,buthassomeguarantees.Asaresultitisnot|
||possibleorappropriatetoidentifytheassetsandliabilitiesoftheschemewhichareattributableto|
||thecompany.InaccordancewithFinancialReportingStandard(FRS)102(section28)therefore,|
||theschemeisaccountedforasadefinedcontributionscheme.|





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|TheSchoolfeesincomecomprises:|||
|---|---|---|
||2023|2022|
||`£`|`£`|
|Grossfees|13,980,148|12,436,778|
|Less:Totalscholarships,bursaries,etc|(3,620,159)|(3,405,123)|
||10,359,989|9,031,655|
|Addback:Scholarships,Grantsetc.paidforby|||
|RestrictedFunds|12,122|28,016|
|Unrestricted:|10,372,111|9,059,671|



|3|CHARITABLEACTIVITIES-ANCILLARYTRADINGINCOME(UNRESTRICTED)-GROUPAND|CHARITABLEACTIVITIES-ANCILLARYTRADINGINCOME(UNRESTRICTED)-GROUPAND|CHARITY|
|---|---|---|---|
|||2023|2022|
|||`£`|`£`|
||Entrancefeesandregistrationfees|21,691|21,022|
||Feesinlieuofnotice|129,854|56,412|
||Extrasubjects|462,222|446,095|
||Otherancillaryeducationalincome|7,086|3,264|
||PupilBussing|331,279|270,545|
||Activities,Clubs,EventsandHouseincome|141,498|152,033|
|||1,093,630|949,371|
|4|OTHERTRADINGACTIVITIES(UNRESTRICTED)|||
|||2023|2022|
|||`£`|`£`|
||Non-ancillarytradingincome|||
||EllesmereCollegeEnterprisesLimited|394,591|212,633|
||EllesmereCollegeInternationalLimited|236,933||
|||631,524|212,633|
||Interestreceivable-pupils'bills|4,369|7,390|
|||635,893|220,023|
||Costofstock£30,311(2022:£26,175)|||





|5|INVESTMENTS-INVESTMENT|INCOME|||||
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowed|Total|Total|
||||||2023|2022|
|||£|||||
||Securitiesinvestmentincome||||||
||Dividends|6,029|||6,029|5,874|
||Fixedinterest|1,283|||1,283|818|
|||7,312|||7,312|6,692|



|VOLUNTARYSOURCES-GRANTSANDDONATIONS|VOLUNTARYSOURCES-GRANTSANDDONATIONS|VOLUNTARYSOURCES-GRANTSANDDONATIONS||||
|---|---|---|---|---|---|
||Unrestricted|Restricted|Endowed|Total|Total|
|||||2023|2022|
|||||`£`|£|
|Donations|1,037|19,200||20,237|32,570|
|GiftAidfromEllesmereCollegeEntLtd|13,464|||13,464||
|GiftAidfromEllesmereCollegeIntLtd|146,498|||146,498||
|GovernmentGrant-CJRS|||||7,722|
||160,999|19,200||180,199|40,292|



## 

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|a)TotalExpenditure-Group|||||||
|---|---|---|---|---|---|---|
||StaffCosts|Depreciation||Support|Total|Total|
||(note9)|<br>(note|12)|Costs|2023|2022|
||£|£||£|£|£|
|Costsofraisingfunds<br>Nonancillarytradingcosts|144,436|||261,378|405,814|186,962|
|Otherincomegeneratingactivities|636,141|||471,863|1,108,004|1,004,597|
|Financingcost(note8)<br>Investmentmanagement||||254,656<br>2,465|254,656<br>2,465|17,216<br>2,515|
|Fundraisinganddevelopment|112,196|||30,364|142,560|102,873|
|Total|892,773|||1,020,726|1,913,499|1,314,163|
|CharitableExpenditure|||||||
|Education|||||||
|Teaching<br>Welfare|4,811,406<br>718,543|||641,550<br>861,783|5,452,956<br>1,580,326|4,996,803<br>1,342,228|
|Premises|830,091|320,467||932,979|2,083,537|2,140,315|
|Schooladministrationandgovernance|374,766||-|1,077,296|1,452,062|927,345|
|Grants,awardsandprizes(note7c)|-|||5,173|5,173|5,222|
|Total|6,734,806|320,467||3,518,781|10,574,054|9,411,913|
|TotalExpended-Group|7,627,579|320,467||4,539,507|12,487,553|10,726,076|





## 

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|b)TotalExpenditure-Charity||||||
|---|---|---|---|---|---|
||StaffCosts|Depreciation|Support|Total|Total|
||(note9)|<br>(note12)|Costs|2023|2022|
||£|£||£|£|
|Costsofraisingfunds||||||
|NonAncillaryTrading|-||42,295|42,295|26,639|
|Otherincomegeneratingactivities|636,141||471,863|1,108,004|1,004,597|
|Financingcost(note8)|-||253,798|253,798|16,510|
|Investmentmanagement|-||2,465|2,465|2,515|
|Fundraisinganddevelopment|112,196||30,364|142,560|102,873|
|Total|748,337||800,785|1,549,122|1,153,134|
|CharitableExpenditure||||||
|Education||||||
|Teaching|4,811,406||641,550|5,452,956|4,996,803|
|Welfare|718,543||861,783|1,580,326|1,342,228|
|Premises|830,091|320,467|932,979|2,083,537|2,140,315|
|Schooladministrationandgovernance|374,766||1,068,816|1,443,582|924,345|
|Grants,awardsandprizes(note7c)|||5,173|5,173|5,222|
|Total|6,734,806|320,467|3,510,301|10,565,574|9,408,913|
|TotalExpended-Charity|7,483,143|320,467|4,311,086|12,114,696|10,562,047|



|c)Grants,awardsandprizes|||
|---|---|---|
|EllesmereCollegemakesawardstoindividualfamiliestosupportschooling|GroupandCharity||
||2023|2022|
|FromRestrictedFunds:|£||
|Bursariesandothergrantsandawards|12,122|28,016|
|Fromunrestrictedfunds:|||
|Prizesandleavingawards|5,174|5,222|
||17,296|33,238|





## 




|STAFFCOSTS|||
|---|---|---|
|Theaggregatepayrollcostsfortheyearwere:|2023|2022|
||`£`|`£`|
|Group|||
|Wagesandsalaries|6,208,747|5,585,990|
|Socialsecuritycosts|585,340|521,770|
|Otherpensioncosts|822,535|750,044|
|Privatemedicalinsurance|10,957|10,901|
||7,627,579|6,868,705|
|Charity|||
|Wagesandsalaries|6,068,741|5,498,662|
|Social securitycosts|581,988|519,536|
|Otherpensioncosts|821,457|749,119|
|Privatemedicalinsurance|10,957|10,901|
||7,483,143|6,778,218|





|STAFFCOSTS(continued)|STAFFCOSTS(continued)||
|---|---|---|
|Thenumberofhigherpaidemployeeswhoreceivedemolumentsof£60,000ormorewas:|||
||2023|2022|
||Number|Number|
|£60,000-£70,000|2|2|
|£70,000-£80,000|1||
|£80,000-£90,000|1|1|
|£90,000-£100,000|1|1|
|£140,000-£150,000|||
|£180,000-£190,000|||
|£190,000-£200,000||1|
|£200,000-£210,000|1||



## 

|Averagenumberofemployeesonheadcountbasi|s||
|---|---|---|
||2023|2022|
||Number|Number|
|Teaching|119|116|
|Welfare|44|43|
|Premises|50|51|
|Support|30|30|
|GroupandCharity|243|240|



## 

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## 

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|GroupandCharity|Landand|Motor|Computer|Plantand|Total|
|---|---|---|---|---|---|
||Buildings|Vehicles|Equipment|Equipment||
||Freehold|||||
||£|£|£|£|£|
|Cost||||||
|At1September2022|8,905,443|219,478|220,739|1,547,558|10,893,218|
|Additions|149,073|42,164|210,043|32,318|433,598|
|As31August2023|9,054,516|261,642|430,782|1,579,876|11,326,816|
|Depreciation||||||
|At1September2022|1,818,971|217,708|118,761|1,234,456|3,389,896|
|Chargefortheyear|154,037|12,311|99,322|54,797|320,467|
|Disposals||||||
|At31August2023|1,973,008|230,019|218,083|1,289,253|3,710,363|
|Netbookvalue||||||
|at31August2023|7,081,508|31,623|212,699|290,623|7,616,453|
|Netbookvalue||||||
|at31August2022|7,086,472|1,770|101,978|313,102|7,503,322|





## 

|SECURITIESINVESTMENTS|||
|---|---|---|
||Securities|Securities|
|Group|Investments|Investments|
||2023|2022|
||`£`|`£`|
|GroupInvestments|||
|At1September|422,921|461,384|
|Reinvestedincome|7,296|6,692|
|Investmentmanagementfees|(2,465)|(2,515)|
|Decreaseinvalueofinvestments|(7,230)|(42,640)|
|Groupinvestmentsat31August|420,522|422,921|
|Investmentinsubsidiaries|101|101|
|Charityinvestmentsat31August|420,623|423,022|
|Investmentscomprise:|||
|ListedInvestments|||
|IndexLinked||26,334|
|Bonds-Sterling|36,126||
|Bonds-OtherCurrencies|10,451||
|Property|11,887|21,786|
|OverseasIndexLinked||12,050|
|Alternatives|38,718|38,678|
|MultiAsset|7,024|7,130|
|Global|35,224|37,129|
|UKEquities|100,827|115,728|
|ContinentalEurope|10,530|12,450|
|NorthAmerica|94,415|72,015|
|JapanIndirect|20,855|15,140|
|PacificBasin|37,826|40,343|
|PacificBasinIndirect|||
|Otheroverseasequities|15,395|11,553|
|Cash|1,244|12,585|
|Groupinvestmentsat31August|420,522|422,921|
|Investmentinsubsdiaries|101|101|
|Charityinvestmentsat31August|420,623|423,022|
|Historicalcostofinvestments|384,562|367,549|





## 

## 

|DEBTORS|||||
|---|---|---|---|---|
||Group||Charity||
||2023|2022|2023|2022|
||£|£|£|£|
|Schoolfeesreceivable|320,999|243,576|320,999|243,576|
|Tradedebtors|183,754|15,902|-||
|Otherdebtors|24,752|31,203|24,044|31,203|
|Prepaymentsandaccruedincome|288,898|339,941|288,898|339,738|
|Amountsduefromsubsidiarycompanies|||394,131|175,590|
|Amountsduefromparentcompany|500|1,500|500|1,500|
||818,903|632,122|1,028,572|791,607|



|CREDITORS:DUEWITHINONEYEAR|||||
|---|---|---|---|---|
||Group||Charity||
||2023|2022|2023|2022|
||£|£|£|£|
|Bankloansandoverdrafts|1,185,974|1,025,898|1,185,974|1,025,898|
|Feesreceivedfromparentsinadvance|||||
|ofterm|1,682,140|1,716,127|1,682,140|1,716,127|
|Repayabledepositsfromparents|472,336|311,714|472,336|311,714|
|Tradecreditors|332,556|235,936|328,621|233,516|
|Taxationandsocialsecurity|149,383|143,506|141,568|125,652|
|Othercreditors|158,824|103,507|158,824|103,507|
|Accruals|185,333|204,659|168,447|197,690|
|Amountsduetosubsidiarycompanies||-|60,350|24,155|
||4,166,546|3,741,347|4,198,260|3,738,259|



## 

|CREDITORS:DUEAFTERMORETHANONEYEAR|||
|---|---|---|
||GroupandCharity||
||2023|2022|
||`£`|`£`|
|RepayableDepositsfromParents|517,200|632,233|
|Bankloans|362,625||
||879,825|632,233|





## 

## 

|BANKLOAN|||
|---|---|---|
||2023|2022|
|Thebankloansarerepayablebyinstalments|||
|Dueafter5years|||
|Duewithin2to5years|227,471||
|Duewithin1to2years|135,155||
|Dueaftermorethanoneyear|362,625||
|Duewithin1year|127,034|554,668|
||489,659|554,668|



## 

|REPAYABLEDEPOSITSFROMPARENTS|||
|---|---|---|
||2023|2022|
||`£`|£|
|Thedepositsbecomerepayablewhenthepupilleaves:|||
|Dueafter5years|57,600|67,700|
|Duewithin2to5years|302,500|400,300|
|Duewithin1to2years|157,100|164,233|
|Dueaftermorethanoneyear|517,200|632,233|
|Duewithin1year|472,336|311,714|
||989,536|943,947|



## 

|COMMITMENTSUNDEROPERATINGLEASES|||
|---|---|---|
||2023|2022|
||`£`|`£`|
|Within1year|37,636|41,235|
|Between2and5years|29,773|45,363|
|After5years|||
||67,409|86,598|





## 

## 

|FINANCIALINSTRUMENTS|||
|---|---|---|
||2023|2022|
||`£`|`£`|
|FINANCIALASSETS:|||
|Debtinstrumentsatamortisedcost|||
|Tradedebtors|504,753|259,478|
|Groupdebtors|500|1,500|
|Otherdebtors|24,752|31,203|
||530,005|292,181|
||2023|2022|
||`£`|`£`|
|Equityinstrumentsatcostlessimpairment|||
|Tradeinvestments|420,522|422,922|
||420,522|422,922|
||2023|2022|
||`£`|`£`|
|FINANCIALLIABILITIES:|||
|Financialliabilitiesatamortisedcost|||
|Bankoverdrafts|1,058,940|471,230|
|Tradecreditors|332,556|235,936|
|Groupcreditors|||
|Othercreditors|158,824|103,507|
|Accruals|185,333|204,658|
|Borrowings-bankloans|489,659|554,668|
||2,225,312|1,569,999|



## 

|SHARECAPITAL|||||
|---|---|---|---|---|
|||2023||2022|
||`£`||`£`||
|Authorised|||||
|100Ordinarysharesof£1each||100||100|
|Allotted,calledupandfullypaid|||||
|100Ordinarysharesof£1each||100||100|





## 

## 

## 

## 

## 

||||Total|
|---|---|---|---|
||Unrestricted|Restricted|2023|
||£|£|£|
|Tangiblefixedassets|7,616,453||7,616,453|
|Securitiesinvestments|420,522|-|420,522|
|Netcurrent(liabilities)lassets|(3,176,045)|54,304|(3,121,741)|
|Longtermliabilities|(879,825)|-|(879,825)|
||3,981,105|54,304|4,035,409|
||||Total|
||Unrestricted|Restricted|2022|
||£|£|£|
|Tangiblefixedassets|7,503,322||7,503,322|
|Securitiesinvestments|422,921||422,921|
|Netcurrent(liabilities)/assets|(3,009,186)|65,739|(2,943,447)|
|Longtermliabilities|(632,233)|-|(632,233)|
||4,284,824|65,739|4,350,563|





## 

## 

|SUMMARYOFMOVEMENTS|ONMAJORFUN|DS||||
|---|---|---|---|---|---|
||September|Incoming|Resources|(Losses)!|Balanceat31|
||2022|resources|expended|Transfers|August2023|
||£|£|£|£|£|
|RestrictedFunds||||||
|PeterMessengerFund|3,570||||3,570|
|MullockScholarship|1,902||(1,902)|||
|EnhanceEllesmere|26,006|400|(8,207)||18,199|
|IanBeerRugbyScholarship|100|||-|100|
|LeaversGift|33,941|8,800|-||42,741|
|WalkerScholarship|220|10,000|(10,220)|||
||65,739|19,200|(20,329)||64,610|
|UnrestrictedFunds||||||
|GeneralReserve|4,284,724|12,172,555|(12,479,346)|(7,230)|3,970,703|
||Balanceat1|Incoming|Resources|Gains!|Balanceat31|
||September|resources|expended|(Losses)!|August2022|
||£|£|£|£|£|
|RestrictedFunds||||||
|PeterMessengerFund|3,570||-||3,570|
|MullockScholarship|2,374|12,225|(12,697)|-|1,902|
|EnhanceEllesmere|24,528|1,478|||26,006|
|IanBeerRugbyScholarship|-|100|||100|
|LeaversGift|25,811|8,130|-||33,941|
|WalkerScholarship||10,000|(9,780)|-|220|
|AdlardScholarship|5,539|-|(5,539)|||
||61,822|31,933|(28,016)||65,739|
|UnrestrictedFunds||||||
|GeneralReserve|4,675,109|10,378,331|(10,726,076)|(42,640)|4,284,724|



## 



## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

|Thetransactionswiththesubsidiariesaresummaris|edbelow:||
|---|---|---|
||2023|2022|
|Openingcharitycreditor|(24,156)|(6,221)|
|Openingcharitydebtor|175,590|108,685|
|Rechargedtosubsidiaries|325,539|160,024|
|Paidbysubsidiaries|(266,959)|(93,120)|
|InvoicedbySubsidiaries|(298,659)|(225,368)|
|PaidbyEllesmereCollege|262,464|207,434|
|GiftAidfromSubsidiaries|159,962||
||333,781|<br>151,434|
|Closingcharitycreditor|(60,350)|(24,156)|
|Closingcharitydebtor|394,131|175,590|
||333,781|<br>151,434|





## 

|ConsolidatedStatementofFinancialActivities- <br>YearEnded31August2022|Comparativefigu|resbyfundtyp|e||
|---|---|---|---|---|
||Unrestricted|Restricted|Endowed|Total|
||Funds|Funds|Funds|2022|
||£|£|£|£|
|incomeandEndowmentsfrom:|||||
|CharitableActivities|||||
|Schoolfeesreceivable|9,059,671|(28,016)||9,031,655|
|Ancillarytradingincome|949,371|||949,371|
|Othertradingactivities|||||
|Non-ancillarytradingincome|212,633|||212,633|
|Otheractivities|7,390|||7,390|
|Investments|||||
|Investmentincome|6,692|||6,692|
|Bankandotherinterest|||||
|Voluntarysources|||||
|GrantsandDonations|8,359|31,933||40,292|
|Otherincomingresources|134,215|||134,215|
|TOTALINCOMINGRESOURCES|10,378,331|3,917||10,382,248|
|ExpenditureonRaisingFunds|||||
|Nonancillarytradingcosts|186,962|||186,962|
|Otherincomegeneratingactivities|1,004,597|||1,004,597|
|Financingcosts|17,216|||17,216|
|Investmentmanagement|2,515|||2,515|
|Fundraisinganddevelopment|102,873|||102,873|
|TOTALDEDUCTIBLECOSTS|1,314,163|||1,314,163|
|CharitableActivities|||||
|Educationandgrantmaking|9,411,913|||9,411,913|
|TOTALEXPENDITURE|10,726,076|||10,726,076|
|Netincomeandexpenditure|||||
|beforetransfers|(347,745)|3,917||(343,828)|
|Realisedgainsoninvestmentassets|23,235|||23,235|
|Unrealisedgainsoninvestmentassets|(65,875)|||(65,875)|
|Netincoming/(outgoing)resources|(390,385)|3,917||(386,468)|
|Transfersbetweenfunds|||||
|NetMovementinfundsfortheyear|(390,385)|3,917||(386,468)|
|Fundbalancesat1stSeptember|4,675,109|61,822||4,736,931|
|FUNDBALANCESASAT31STAUGUST2022|4,284,724|65,739||4,350,463|





## 

## 

## 

||||Group|Group|
|---|---|---|---|---|
||||2023|2022|
|||||E|
|Netincomeforthereportingperiod(asperthe|statement||||
|offinancialactivities)|||(315,150)|(386,468)|
|Adjustmentsfor:|||||
|Depreciationcharges|||320,467|292,092|
|Lossesoninvestments|||7,230|42,640|
|Dividends,interestandrentsfrominvestments|||(7,312)|(6,692)|
|Financingcosts|||254,656|17,216|
|Decreaseinstocks|||6,971|(22,155)|
|(Increase)/decreaseindebtors|||(186,782)|74,443|
|Increaseincreditors|||150,090|462,388|
||||230,170|473,464|
||Group|Cashflows|Othernon|Group|
||2022||cashchanges|2023|
|32. ANALYSISOFCHANGESINNETDEBT|||||
|Cashatbankandinhand|110,225|67,098||177,323|
|Overdraftfacilityrepayableondemand|(471,230)|(587,710)||(1,058,940)|
||(361,005)|(520,612)||(881,617)|
|Borrowings|||||
|Loansfallingduewithin1year|(554,668)|427,634||(127,034)|
|Loansfallingdueafter1year||(362,625)||(362,625)|
||(554,668)|65,009||(489,659)|
|Totalcashandcashequivalents|(915,673)|(455,603)||(1,371,276)|



## 

## 

##