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##
||||||||Page|
|---|---|---|---|---|---|---|---|
|Reference and administrative||details|||||1-2|
|Governors'|report||||||3-21|
|Independent|auditor's
report|to the members|||ofThe Newcastle|upon Tyne Royal Grammar|22 - 25|
|School||||||||
|Consolidated|statement
offinancial||activities|||||
|Consolidated|income and expenditure|||account|||27|
|Consolidated|balance sheet||||||28-29|
|Company
balance sheet|||||||30-31|
|Consolidated|statement
ofcash flows||||||32|
|Notes to the|financial statements||||||33-63|
##
##
|Governors|||J Drummond,
Co-opted Governor (Chair from 2 December 2017, resigned as Chair|J Drummond,
Co-opted Governor (Chair from 2 December 2017, resigned as Chair|
|---|---|---|---|---|
||||on 3August 2021) (resigned 31 December|2021)|
||||TE BHartley, Co-opted Governor (Vice Chair from 9 March 2017)(resigned 8 April||
||||2022)||
||||JS Berry, Co-opted Governor||
||||R H Fell, Co-opted Governor||
||||A C Fletcher, Co-opted Governor (Chair from 3August 2021)||
||||SA Green, Co-opted Governor||
||||A Gupta, Co-opted Governor||
||||M Hannifa,
Co-opted Governor||
||||A H Lamb, Co-opted Governor||
||||N J McMinn, Co-opted Governor||
||||S Milligan,
Co-opted Governor||
||||A P Murphy,
Co-opted Governor||
||||M D Robinson,
Co-opted Governor||
||||C Stonehouse,
Co-opted Governor||
||||T N Theme, Nominated
by Northumberland|County Council|
||||SWoodroofe, Co-opted Governor||
|Company|registered||||
|number|||05664801||
|Charity registered|||||
|number|||1114424||
|Registered||office|Eskdale Terrace||
||||Newcastle
upon Tyne||
||||NE2 4DX||
|Company|secretary||C FBlack||
|Headmaster|||G Stanford||
|Independent||auditor|UNW LLP||
||||Chartered
Accountants||
||||Citygate||
||||St James' Boulevard||
||||Newcastle
upon Tyne||
||||NE1 4JE||
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|Mrs Sally Green (Chair, appointed
26 S
Mr Alan FletcherMrs
Joanna Berry
Mrs Aarti Gupta
Mrs Muzlifah
Haniffa
Mrs Sue Woodroofe|Mrs Sally Green (Chair, appointed
26 S
Mr Alan FletcherMrs
Joanna Berry
Mrs Aarti Gupta
Mrs Muzlifah
Haniffa
Mrs Sue Woodroofe|eptember 2021)|eptember 2021)||||
|---|---|---|---|---|---|---|
|The day to day
running
of the school
alongside
seven other members
ofthe||is vested
in the Headmaster
and
Senior Leadership
Team:||Director of Finance||and Operations|
|The Headmaster|||Mr Geoffrey Stanford||||
|The Director of Finance and|Operations:||Mrs Rachel Amey||||
|The Deputy Head:
The Head ofJunior School:
The Deputy Head Academic:
The Deputy Head Academic:
The Deputy Head Pastoral
The Deputy Head of Co-curricular:
The Head of Sixth Form:|||Mr Tom Keenan
Mr James Miller
Mr Roger Loxley (stepped
Mr Chris Quayle (appointed
Miss Sarah Longville
Mr Andrew
McBrtide
Mrs Naomi McGough||down 31August 2022)
1 September 2022)||
|The Director of Development|and Communications||Mrs Susan Beck||||
|The Director of Partnerships|||Mr John Smith||||
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|UK Greenhouse
ga|s emissions
and energy use d|ata forthe peri|od 1 August 2021|
|---|---|---|---|
|Energy Consumption|used to calculate emissions|(kWh)|5,836,342|
|Scope 1 emissions|in metric tonnes CO2e|||
|Gas consumption|||756.3|
|Transport
fuel|||17.4|
|Total Scope 1|||773.7|
|Scope 2 emissions|in metric tonnes CO2e|||
|Purchased
electricity|||327.4|
|Scope 3emissions|in metric tonnes CO2e|||
|Business travel
in employee
owned vehicles|||2.1|
|Total gross emissions
in metric tonnes CO2e|||1,103.3|
|Intensity
ratio tonnes CO2e per pupil|||0.82|
|Quantification
and|reporting
methodology|||
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##
||||Unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|funds|
|||Note|2022|2022
E|2022
6|2022
f|2021
F|
|Income from:||||||||
|Donations
and|legacies||170,448|914,909|||1,362,666|
|Charitable
activities|||19,213,643||||17,903,997|
|Other trading
activities|||1'I3,621||||14,463|
|Investments|||34,325|66,622|||52,683|
|Other income|||42,253||||17,493|
|Total income|||19,574,290|981,531||20,555,821|19,351,302|
|Expenditure
on:||||||||
|Raising funds|||166,142|||166,142|82,990|
|Charitable
activities||8|18,799,406|958,406||19,757,812|18,737,688|
|Total expenditure|||18,965,548|958,406||19,923,954|18,820,678|
|Net gains on||||||||
|investments|||||4,862|4,862|109,598|
|Net income I||||||||
|(expenditure)|||608,742|23,125|4,862|636,729|640,222|
|Net movement|in|||||||
|funds|||608,742|23,125|4,862|636,729|640,222|
|Reconciliation|of|||||||
|funds:||||||||
|Total funds brought||||||||
|forward|||35,545,681|163,218|1,324,113|37,033,012|36,392,790|
|Net movement|in funds||608,742|23,125|4,862|636,729|640,222|
|Total funds carried||||||||
|forward|||36,154,423|186,343|1,328,975|37,669,741|37,033,012|
##
##
||||Total funds|Total funds|
|---|---|---|---|---|
||||2022
f|2021
F|
|Gross income|in the reporting|period|20,555,821|19,35'l, 302|
|Less: Total expenditure|||(19,923,954)|(18,820,678)|
|Net income for|the reporting|period|631,867|530,624|
##
##
||||Note||2022
6||2021f|
|---|---|---|---|---|---|---|---|
|Fixed assets||||||||
|Tangible assets|||12||45,266,729||45,965,595|
|Investments|||13||963,975||959,113|
|Investment
property|||14||365,000||365,000|
||||||46,595,704||47,289,708|
|Current assets||||||||
|Stocks|||15|16,298||12,379||
|Debtors|||16|338,557||322,407||
|Cash at bank and||in hand||6,678,030||5,015,035||
|||||7,032,885||5,349,821||
|Creditors: amounts||falling due within one||||||
|year|||17|(3,928,258)||(2,669,727)||
|Net current assets|||||3,104,627||2,680,094|
|Total assets less||current liabilities|||49,700,33'I||49,969,802|
|Creditors: amounts||falling due after more||||||
|than one year|||18||(12,030,590)||(12,936,790)|
|Total net assets|||||37,669,741||37,033,012|
|Charity funds||||||||
|Endowment
funds|||19||1,328,975||1,324,113|
|Restricted funds|||19||'I86,343||163,218|
|Unrestricted
funds:||||||||
|-Designated
funds|||19|2,878,404||3,328,404||
|- Revaluation
reserve|||19|12,941,804||12,941,804||
|-General funds|||19|20,334,215||19,275,473||
|Total unrestricted|funds||19||36,154,423||35,545,681|
|Total funds|||||37,669,741||37,033,012|
##
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##
##
||||||2022||2021|
|---|---|---|---|---|---|---|---|
||||Note||8||F|
|Fixed assets||||||||
|Tangible assets|||12||45,264,574||45,961,285|
|Investments|||13||963,976||959,114|
|Investment
property|||14||365,000||365,000|
||||||46,593,550||47,285,399|
|Current assets||||||||
|Stocks|||15|11,093||11,657||
|Debtors|||16|347,231||322,407||
|Cash at bank and||in hand||6,670,138||5,014,475||
|||||7,028,462||5,348,539||
|Creditors: amounts||falling due within one||||||
|year|||17|(3,925,834)||(2,667,757)||
|Net current assets|||||3,102,628||2,680,782|
|Total assets less||current liabilities|||49,696,178||49,966,181|
|Creditors: amounts||falling due after more||||||
|than one year|||18||(12,030,590)||(12,936,790)|
|Total net assets|||||37,665,588||37,029,391|
|Charity funds||||||||
|Endowment
funds|||19||1,328,975||1,324,113|
|Restricted funds|||19||186,343||163,218|
|Unrestricted
funds:||||||||
|-Designated
funds|||19|2,878,404||3,328,404||
|- Revaluation
reserve|||19|12,941,804||12,941,804||
|-General funds|||19|20,330,062||19,271,852||
|Total unrestricted|funds||||36,150,270||35,542,060|
|Total funds|||||37,665,588||37,029,391|
##
##
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
|||||Note|||
|Cash flows from operating
activities|||||||
|Net cash generated
from operating
activities||||21|3,423,756|2,180,472|
|Cash flows from investing|activities||||||
|Dividends,
interests
and rents from investments|||||100,947|52,683|
|Purchase oftangible
fixed assets|||||(558,163)|(261,672)|
|Proceeds from sale ofinvestments||||||270,991|
|Purchase of investments||||||(270,991)|
|Net cash used
in investing|activities||||(457,216)|(208,989)|
|Cash flows from financing|activities||||||
|Repayments
of borrowing|||||(840,000)|(5,420,000)|
|Interest paid|||||(463,545)|(560,872)|
|Net cash used in financing|activities||||(1,303,545)|(5,980,872)|
|Change
in cash and cash|equivalents|in the year|||1,662,995|(4,009,389)|
|Cash and cash equivalents|at the beginning||ofthe year||5,015,035|9,024,424|
|Cash and cash equivalents|at the end|ofthe year||22|6,678,030|5,015,035|
|The notes on pages 33to 63form part ofthese financial statements|||||||
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||||Unrestiicted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022|2022|2022|
||||6|5||
|Hospital ofSt Mary|the Virgin||170,448||170,448|
|The Royal Grammar|School Educational|Trust||904,035|904,035|
|Other income for bursaries||||10,874|10,874|
||||170,448|914,909|1,085,357|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2021f|2021|2021f|
|Hospital ofSt Mary|the Virgin||137,270||137,270|
|The Royal Grammar|School Educational|Trust||828,468|828,468|
|Government
grants|||396,928||396,928|
||||534,198|828,468|1,362,666|
##
##
|Unrestricted|Total|Total|
|---|---|---|
|funds|funds|funds|
|2022f|2022
f.|2021
F|
|19,213,643|19,213,643|17,903,997|
##
|School|fees|||
|---|---|---|---|
|||2022|2021|
|||f|f|
|Gross fees||18,910,076|17,804,175|
|Less: Grants and allowance||(451,124)|(447,695)|
|||754,691|547,517|
|Catering|income|||
|||19213943|17 993997|
##
|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2022f|2022f|2021|
|Facilities|lettings income|||70,915|70,915|14,463|
|Income|from non charitable|trading|activities||||
|Unrestricted|Total|Total|
|---|---|---|
|funds|funds|funds|
|2022f|2022f|2021f|
|42,706|42,706||
##
##
##
||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022
9|2022
6|2022f|
|Property|rental income|||33,891|33,891|
|Dividend|income|||29,317|29,317|
|Prize fund dividend||income||3,414|3,414|
|Bank interest|||34,325||34,325|
||||34,325|66,622|100,947|
|||||Restricted|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2021|2021|
|||||6||
|Property|rental income|||30,157|30,157|
|Dividend||income||20,038|20,038|
|Prize fund||dividend|income|2,488|2,488|
|||||52,683|52,683|
##
##
##
||||unrestricted|Total|
|---|---|---|---|---|
||||funds|funds|
||||2022|2022f|
|Fundraising||costs|21,552|21,552|
|Marketing|costs||89,789|89,789|
|Costs of letting facilities|||1,658|1,658|
|Professional||fees|6,402|6,402|
|Subsidiary|trading costs||46,741|46,741|
||||168,142|166,142|
||||Unrestricted|Total|
||||funds|funds|
||||2021|2021|
|||||F|
|Fundraising||costs|9,430|9,430|
|Marketing|costs||58,907|58,907|
|Costs of letting facilities|||652|652|
|Professional||fees|5,700|5,700|
|Subsidiary||trading costs|8,305|8,305|
||||82,994|82,994|
##
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022|2022|2022|
|||6||6|
|Provision|ofschool services|18,034,700||18,034,700|
|Bursaries|provided|764,706|958,406|1,723,112|
|||18,799,406|958,406|19,757,812|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2021f|2021
6|2021f|
|Provision|ofschool services|17,111,641||17,111,641|
|Bursaries|provided|769,829|856,218|1,626,047|
|||17,881,470|856,218|18,737,688|
##
##
##
|||Activities|Grant|||
|---|---|---|---|---|---|
|||undertaken|funding of|Support|Total|
|||directly|activities|costs|funds|
|||2022
6|2022
6|2022f|2022
5|
|Provision|ofschool services|16,110,062||1,924,638|18,034,700|
|Bursaries|provided|1,084,547|450,000|188,565|1,723,112|
|||17,194,609|450,000|2,113,203|19,757,812|
|||Activities|Grant|||
|---|---|---|---|---|---|
|||undertaken|funding
of|Support|Total|
|||directly|activities|costs|funds|
|||2021|2021|2021|2021|
||||5||F|
|Provision|of school services|15,301,549||1,810,092|17,111,641|
|Bursaries|provided|1,049,312|396,928|179,807|1,626,047|
|||16,350,861|396,928|1,989,899|18,737,688|
##
##
##
##
|||||Total|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2022|2021|
|||||8||
|Depreciation||||1,257,029|1,439,983|
|Teachers' salaries||||9,440,181|9,028,213|
|Teaching resources||||878,497|930,671|
|Other educational
costs||||215,473|228,404|
|Other teaching
staff costs||||170,404|170,859|
|Premises costs - salary||||687,949|693,493|
|Premises costs - maintenance||||877,407|560,256|
|Premises costs - occupancy||||594,001|514,502|
|Premises costs - insurance||||166,642|161,784|
|Catering costs - staff salaries||||290,397|278,975|
|Catering costs - food||||445,226|425,219|
|Catering costs - kitchen overheads||||66,289|64,331|
|Academic support
expenditure|-educational|support salaries||733,483|695,237|
|Academic support
expenditure|-PE and sport|||256,481|72,949|
|Academic support
expenditure|-clubs, school magazines||and miscellaneous|||
|costs||||21,565|29,607|
|Bursaries provided||||1,084,547|1,049,312|
|Prizes and awards||||9,038|7,066|
|||||17,194,609|16,350,861|
##
|||Provision of|||
|---|---|---|---|---|
|||school|Bursaries|Total|
|||services|provided|funds|
|||2022f|2022
6|2022f|
|Administration|costs|1,232,721|188,565|1,421,286|
|Financial costs||545,507||545,507|
|Other central costs||129,713||129,713|
|Governance||16,697||16,697|
|||1,924,638|188,565|2,113,203|
##
##
##
##
|||Provision of|||
|---|---|---|---|---|
|||school|Bursaries|Total|
|||services|provided|funds|
|||2021f|2021|2021|
|Administration|costs|1,105,602|179,807|1,285,409|
|Financial costs||533,190||533,190|
|Other central costs||156,076||156,076|
|Governance||15,224||15,224|
|||1,810,092|179,807|1,989,899|
##
|Auditor's
remuneration||||||
|---|---|---|---|---|---|
|||||2022|2021|
||||||6|
|Fees payable to the group's
annualaccounts|auditor|for the audit of the charitable|company's|8,600|7,960|
|Fees payable to the group's|auditor|in respect of:||||
|-The auditing
ofaccounts of associates ofthe group||||5,190|4,800|
|-All assurance services not included
above||||840|2,360|
|-All non-audit
services not|included|above|||2,000|
##
##
|||2022|2021|
|---|---|---|---|
|||6||
|Staff costs||||
|Wages and salaries
Social security costs||9,408,516
1,000,253|8,940,580
910,703|
|Pension|contributions|1,798,830|1,710,875|
|||12,207,599|11,562,158|
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||||No.|No.|
|The number ofemployees||receiving|remuneration|of more than|||
|560,000 per annum|is as|follows:|||||
|560,001 - 570,000|||||18||
|F70,001 - 580,000|||||4||
|F80,001 - F90,000|||||1||
|F90,001 - F100,000|||||1||
|5100,001 - 5110,000|||||||
|5120,001 - F130,000|||||||
|F130,001 - f140,000|||||||
|5140,001 tof150,000|||||||
||||||26|16|
||Headcount|Headcount|FTE|FTE|
|---|---|---|---|---|
||2022|2021|2022|2021|
||No.|No.|No.|No.|
|Staff numbers|||||
|Senior school teachers|120|116|111|109|
|Junior school teachers|20|21|19|19|
|Academic support|42|43|29|32|
|Property management|32|34|25|25|
|Clerical and administrative|29|26|24|23|
|Catering|21|20|16|14|
||264|260|224|222|
##
##
##
|Pupil num|bers
at 31July|||
|---|---|---|---|
|||2022|2021|
|||No.|No.|
|Senior school||||
|Full fees||997|976|
|Receiving|bursaries|75|76|
|||1,072|1,052|
|||2022|2021|
|||No.|No.|
|Junior school||||
|Full fees||270|259|
|Receiving|bursaries|7|6|
|||277|265|
##
##
##
|||||Trading||
|---|---|---|---|---|---|
||Land and|Motor|Fixtures and|subsidiary||
||buildings
6|vehicles|fittings
5|equipment
F|Total|
|Cost or valuation||||||
|At 1 August 2021|51,840,394|121,290|3,660,946|12,067|55,634,697|
|Additions||74,336|483,827||558,163|
|Disposals|||(258,752)||(258,752)|
|At 31 July 2022|51,840,394|195,626|3,886,021|12,067|55,934,108|
|Depreciation||||||
|At 1 August 2021|6,334,060|111,803|3,215,482|7,757|9,669,102|
|Charge for the year|955,219|7,212|292,443|2,155|1,257,029|
|On disposals|||(258,752)||(258,752)|
|At 31 July 2022|7,289,279|119,015|3,249,173|9,912|10,667,379|
|Net book value||||||
|At31 July2022|44,551,115|76,611|636,848|2,155|45,266,729|
|At 31 July 2021|45,506,334|9,487|445,464|4,310|45,965,595|
##
##
##
##
||Land and|Motor|Fixtures and||
|---|---|---|---|---|
||buildings
F.|vehicles
6|fittings
F|Totalf|
|Cost orvaluation|||||
|At 1 August 2021|51,840,394|121,290|3,660,946|55,622,630|
|Additions||74,336|483,827|558,163|
|Disposals|||(258,752)|(258,752)|
|At 31 July 2022|51,840,394|195,626|3,886,021|55,922,041|
|Depreciation|||||
|At 1 August 2021|6,334,060|111,803|3,215,482|9,661,345|
|Charge for the year|955,219|7,212|292,443|1,254,874|
|On disposals|||(258,752)|(258,752)|
|At 31 July 2022|7,289,279|119,015|3,249,173|10,657,467|
|Net book value|||||
|At 31 July 2022|44,551,115|76,611|636,848|45,264,574|
|At 31 July 2021|45,506,334|9,487|445,464|45,961,285|
##
||||Listed|
|---|---|---|---|
|Group|||investmentsf|
|Cost or valuation||||
|At 1 August 2021|||959,113|
|Revaluations|||4,862|
|At 31 July 2022|||963,975|
|Net book value||||
|At 31 July 2022|||963,975|
|At 31 July 2021|||959,113|
||Investments|||
||in subsidiary|Listed||
|Company|companies|investmentsf|Total
6|
|Cost or valuation||||
|At 1 August 2021|1|959,113|959,114|
|Revaluations||4,862|4,862|
|At 31 July 2022|1|963,975|963,976|
|Net book value||||
|At 31 July 2022|1|963,975|963,976|
|At 31 July 2021|1|959,113|959,114|
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|Stocks||||||
|---|---|---|---|---|---|
|||Group|Group|Company|Company|
|||2022|2021|2022|2021|
|||E|E|E|E|
|Teaching|and other stock|3,683|4,152|3,683|4,152|
|Kitchen||7,410|7,505|7,410|7,505|
|Goods for|resale|5,205|722|||
|||16,298|12,379|11,093|11,657|
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##
||||Group|Group|Company|Company|
|---|---|---|---|---|---|---|
||||2022|2021|2022|2021|
||||E|E|E|E|
|Trade debtors|||81,008|58,475|81,008|58,475|
|Amounts
owed by group||undertakings|||11,862||
|Other debtors|||9,042|21,389|5,854|21,389|
|Prepayments|and accrued income||248,507|242,543|248,507|242,543|
||||338,557|322,407|347,231|322,407|
##
||||Group|Group|Company|Company|
|---|---|---|---|---|---|---|
||||2022|2021|2022|2021|
||||E|E|E|E|
|Bank loans|||840,000|840,000|840,000|840,000|
|Trade creditors|||272,378|296,973|271,683|296,973|
|School field trip creditors|||86,501|74,705|86,501|74,705|
|Pension creditor|||203,022|9,016|203,022|9,016|
|Other taxation|and social security||260,155|228,314|260,155|227,941|
|Other creditors|||583,029|97,922|583,029|97,922|
|Accruals and deferred||income|1,506,844|925,428|1,505,115|923,831|
|Fees received|in advance||107,129|125,969|107,129|125,969|
|Deposits|||69,200|71,400|69,200|71,400|
||||3,928,258|2,669,727|3,925,834|2,667,757|
|The mov|ement
in|deferred|incom|e
in the year is|as follows:||||
|---|---|---|---|---|---|---|---|---|
||||||Group|Group|Company|Company|
||||||2022|2021|2022|2021|
||||||E||E|E|
|Deferred|income at the beginning|||ofthe year|197,369|167,026|197,369|167,026|
|Resources deferred||during|the year||176,329|197,369|176,329|197,369|
|Amounts|released|from previous||periods|(197,369)|(167,026)|(197,369)|(167,026)|
||||||176,329|197,369|176,329|197,369|
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||||||||Group|Group|Company|Company|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||2022|2021
6|2022f|2021|
|Bank loans|||||||11,787,000|12,627,000|11,787,000|12,627,000|
|Deposits|||||||197,600|190,400|197,600|190,400|
|Fees received|in|advance|||||45,990|119,390|45,990|119,390|
||||||||12,030,590|12,936,790|12,030,590|12,936,790|
|Included
within|the above are amounts||||falling|due as follows:|||||
||||||||Group
2022
6|Group
2021
f|Company
2022
f|Company
2021
F|
|Between one|and two years||||||||||
|Bank loans|||||||840,000|640,000|840,000|840,000|
|Between two|and five years||||||||||
|Bank loans|||||||2,520,000|2,520,000|2,520,000|2,520,000|
|Over five years|||||||||||
|Bank loans|||||||8,427,000|9,267,000|8,427,000|9,267,000|
|The aggregate||amount of liabilities||payable||or|repayable
wholly|or in part more than five||years after the|
|reporting
date|is;||||||||||
||||||||Group
2022
F|Group
2021
6|Company
2022
f|Company
2021|
|Payable or repayable|||by instalments||||8,427,000|9,267,000|8,427,000|9,267,000|
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##
##
|Statement|offunds|- current|year|||||
|---|---|---|---|---|---|---|---|
||||Balance at 1|||Gains/|Balance at|
||||August2021
5|Income
5|Expenditure
f|(Losses)|31July 2022
5|
|Designated|funds|||||||
|Bursary Fund|||3,328,404||(450,000)||2,878,404|
|Revaluation|reserve||12,941,804||||12,941,804|
|General funds||||||||
|School general
fund|||19,271,852|19,527,017|(18,468,807)||20,330,062|
|RGS Trading|||3,621|47,273|(46,741)||4,153|
||||19,275,473|19,574,290|(18,515,548)||20,334,215|
|Total unrestricted||funds|35,545,681|19,574,290|(18,965,548)||36,154,423|
|Endowment|funds|||||||
|Prize Funds|Charity||107,408|||15,550|122,958|
|J R Howarth|Bursary Fund||149,803|||(1,880)|147,923|
|Peter Taylor|Bursary|Fund|96,153|||(1,207)|94,946|
|The Storrow|Scott Trust||970,749|||(7,601)|963,148|
||||1,324,113|||4,862|1,328,975|
|Restricted funds||||||||
|J R Howarth|Bursary|Fund|1,970||||1,970|
|Peter Taylor|Bursary|Fund|15,499||||15,499|
|School Bursary Fund|||126,171|923,375|(925,994)||123,552|
|Cricket Fund|||432||||432|
|The Storrow|Scott Trust||19,146|54,742|(28,998)||44,890|
|Prize Fund||||3,414|(3,414)|||
||||163,218|981,531|(958,406)||186,343|
|Total offunds|||37,033,012|20,555,821|(19,923,954)|4,862|37,669,741|
##
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##
|Statement o|ffunds|- prior y|ear|||||
|---|---|---|---|---|---|---|---|
||||Balance at|||Gains/|Balance at|
||||1 August 2020|Income|Expenditure|(Losses)|31 July 2021|
||||6|F|F||F|
|Designated|funds|||||||
|Bursary Fund|||3,725,332||(396,928)||3,328,404|
|Revaluation
reserve|||12,941,804||||12,941,804|
|General funds||||||||
|School general
fund|||18,390,545|18,468,284|(17,586,977)||19,271,852|
|RGS Trading|||10,059|1,867|(8,305)||3,621|
||||18,400,604|18,470,151|(17,595,282)||19,275,473|
|Total unrestricted||funds|35,067,740|18,470,151|(17,992,210)||35,545,681|
|Endowment|funds|||||||
|Prize Funds|Charity||106,845|||563|107,408|
|J R Howarth|Bursary Fund||132,874|||16,929|149,803|
|Peter Taylor|Bursary Fund||82,899|||13,254|96,153|
|The Storrow|Scott Trust||891,897|||78,852|970,749|
||||1,214,515|||109,598|1,324,113|
|Restricted funds||||||||
|J R Howarth|Bursary Fund||1,800|170|||1,970|
|Peter Taylor|Bursary Fund||15,428|71|||15,499|
|School Bursary Fund|||89,620|834,781|(798,230)||126,171|
|Cricket Fund|||432||||432|
|The Storrow|Scott|Trust|3,255|43,641|(27,750)||19,146|
|Prize Fund||||2,488|(2,488)|||
||||110,535|881,151|(828,468)||163,218|
|'Total offunds|||36,392,790|19,351,302|(18,820,678)|109,598|37,033,012|
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|Analysis of n|et assets between
funds - c|urrent year||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|
|||funds|funds|funds|funds|
|||2022f|2022
f|2022
6|2022f|
|Tangible fixed|assets|45,266,729|||45,266,729|
|Fixed asset investments||||963,975|963,975|
|Investment
property||||365,000|366,000|
|Current assets||6,846,542|186,343||7,032,885|
|Creditors due|within one year|(3,928,258)|||(3,928,258)|
|Creditors due|in more than one year|(12,030,590)|||(12,030,590)|
|Total||36,154,423|186,343|1,328,975|37,669,741|
|Analysis of net assets between funds -prior year||||||
|||Unrestricted|Restricted|Endowment|Total|
|||funds|funds|funds|funds|
|||2021|2021|2021|2021|
|||6|6|F|6|
|Tangible fixed|assets|45,965,595|||45,965,595|
|Fixed asset investments||||959,113|959,113|
|Investment
property||||365,000|365,000|
|Current assets||5,186,603|163,218||5,349,821|
|Creditors due|within one year|(2,669,727)|||(2,669,727)|
|Creditors due|in more than one year|(12,936,790)|||(12,936,790)|
|Total||35,545,681|163,218|1,324,113|37,033,012|
##
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##
|21.|Reconciliatio|n
of ne|t|movement|in fund|s to net cash flow from ope|rating
activities||
|---|---|---|---|---|---|---|---|---|
||||||||Group|Group|
||||||||2022
E|2021f|
||Net income for the year|||(as per statement||offinancial activities)|636,729|640,222|
||Adjustments|for:|||||||
||Depreciation|charges|||||1,257,029|1,439,983|
||Interest paid||||||463,545|560,872|
||(Gains)/losses|on investments|||||(4,862)|(109,598)|
||Dividends,
interests||and rents from||investments||(100,947)|(52,683)|
||(Increase)/decrease||in|stocks|||(3,919)|12,154|
||Decrease/(increase)||in|debtors|||10,852|(73,994)|
||Increase/(decrease)||in|creditors|||1,165,329|(236,484)|
||Net cash provided||by|operating|activities||3,423,756|2,180,472|
|22.|Analysis of|cash and||cash equivalents|||||
||||||||Group|Group|
||||||||2022
8|2021
f|
||Cash
in hand||||||6,678,030|5,015,035|
|23.|Analysis of|changes||in net debt|||||
||||||Other non-||
|---|---|---|---|---|---|---|
||||At 1 August
2021|Cash flows|cash
changes|At 31July
2022|
||||6|6||F|
|Cash|at bank and in hand||5,015,035|1,662,995||6,678,030|
|Debt|due within|1 year|(840,000)|840,000|(840,000)|(840,000)|
|Debt|due aRer1|year|(12,627,000)||840,000|(11,787,000)|
||||(8,451,965)|2,502,995||(5,948,970)|
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