DAUNTSEYS SCHOOL FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 Regi8tered Company NLI." 5872694 Charity N().. 1115638
DAUNTSEVS SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 INDEX Page Repntt i)E the Gov¢m<)r¥ 2-18 Reparr OF the Audit()t 19-21 Consohdated Staternenr c)f Financial Activities 22 Con80]idared and Charity BAlance Sheets 23 Con%oLidAted Cash Flow 4iatement 24 Notes ro Ihe Con%oiAdated Ca%h Fluw Statement 25 Notes ri) the Fm2ncial.%tatcmcnrs 26-41
DAUNTSEY'S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 OFFICERS & SENIOR STAFF Chait of Board of Governors Ir% V P Nield, BSC, ML BA Head Master L Ir l J La%c¢lle%, BA UI J UL Davie4, Resigned Appc)int¢d 31.08.24 01.09.24 Bursar Ntr J D Davey, MEn Further Members of the Senior I£adership Team Mr A % c().%, BA A L Jackbon, BA Lilr H D Thnmas, Ix(Ll Mr D Noblv, ilA 's8 E % Cnnidariq, Bsc Secnnd Ma4teL Deputy Head- Pa8toral Re%i%ned Deputy Head_ Pa8tural Appointed Dcputy, Head- AcademLC Depury Head- HvAd OE Lower School 31.08.24 01.09.24 Clerk to the Governors and Compny Secretary fr P M A Noke%, LUA, NIPhJl Address DaunL%ey's Sclinnl We%t IAvington Defftx¢ WthIre SNIO 411r. Website www.daiints'ey%.orb E-mail contact inf()@claunts'eys.orL' PROFESSIONAL ADVISERS Bankcr5 JJnyd.% Bank plc -18 Markei Place D¢vi/.e. Wiltshire 8NIO IJD Solicitors RWK G()odman LLP 3 Newbridxe Squate Swindi)n SNI IBY Auditors HaysN& lac LLP 10 Queeii %treet Pl14 ce Londo EC4R IAG
DAUNTSEY'S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 GOVERNORS DaunLsey'% %cliool is a c(>mpany re.tered undet the C()mp¥nies.4ct 2006 (ctsmpany number 5872694). It is a company limited by gFuarantee'. the habiknry of members of the compan}T ]% knmited to £10 each. It 1% alsi) a re$tered charity (charity number 1115638). The Gi)verni)rs ()f DAuntsey'& Scli()ul are tlie rrnstees 1)f tlie cliarity, tnd bodi the directors 2nd the members i)f die compaiiy. Durii)g the year ended 31 August 2024 rho%e qeLving were a% Eull()ws'. Noiiiirt¢71¢dbJ The fvIerceis' Compaii Captain T C de C Clay RN Ir G W Horgan, LUA rs E A Light, NIA Ir P J L()ugh, IA Bllgadler {retd) C J Rose NIA, B.%c, FC1[1, FCDS.%, M%M Appointed 28 09.23 Co-opted by ihe CroverNiKg Body 8 IC (' Bruge%, R Chri%ti2n, BSC Ir A R E ChlF()rd, ,M,I. FC.A r N J D()Imaii. BSC. LMIU(-% 1¢ N B £"()tt, KC Mr N J S bi.%k. BA. ACA Ir% J L GrLLn, BA Ir C H dL N Luci%, FRICS, FLIV ,ffir C. B Alqu%2rave, tPlLI¥. ,Mr.s V l) Nield, Bsi, LBI I r%CK()xley M4 I. R Ritiliie, Il,l%c r l T B%c. Resigned Appointed 01.01.24 18.01.24 Ilpp()inted Re8y]Ld 190424 13_1223 COMMITTEES Undtr the pr()Vibion¥ ulA %cherne ()f ManagLment and Fjelegation there are five cr)mtnittee% ulthe g()verning l)ody, a% Eollows.. Finance #nd General Puq)()%e4 C()mmiriee Chair kur l T'lhi)mas Mr £1 R b. C.liFford Chair ,%lr C 11 de N Luca 1Sri%xdier (retd) C J R()e Audit 2nd Ri%k Cnmmittee Chair % R Christl2£ n Educ2ti()n Cr)mmittee Chair %lr G W Hi)rgan G<)vL'manie, Comphance and %afeguarding Chakr ML N B Elliott Cornmittee Resigned 07.12.23 Ilpp()intcd 07.12 23 Rcsigned 07.12.23 App()int¢d 07.12.23 EELqte5, Infr28twcture and A%%et% CnmmittLe The gr)verning body meet% three times a }Te2r. once each acadernic term. The Finance xna General Purpi)%es Committee n()rmallv meets twice each ienn. the ()ther cnmmittee.4 rneet i)nce 2 term or a% necessary. Nlost meetsng% take place at the
DAUNTSEY'S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 Introduction The Govern()t% present their annLial rep(Jtt 2nd audited financial %tateMent for the year ended 31 August 2024 in comp]i2nce with rhe curient st2tuti)ry requirements fi)L companies and charities attd the %ch<)()I's lemoraftauM at)d Arricle% ()f A%%ociatioii. This report, t(Igether with the preceding page%, inco£porateb the inf()rmation required f()r the th"rectors' repi)rt under the Ci)rnpanies Act. Reference and admirristrative Information Dauntsey's.%chool was oiiEinfilly 6<Junded in 1543 under tlie will of Alderman William Dauntsey and refouttded, under 2 Cliarity Ci)rnmi4.4ion qcheme, m 1891. It W2% incorp()rated on 11 July 2006 a company limited by guarantee and regi%tered at Companies Fl()u%e, number 5872694 Ir is al%0 regi%tered with the Chariry Commi%%inn under charity.- number 1115638. The Governors, principal executive offIcer% and 2dvi%er%, tngether WArh contact details, are .et out nn the preceding pages 2 2nd 3. Governing document The school Aq governed by the 2006 Nlemo£andum OE A%80Ci2ti0n and by the 2W6 Article% of A%8ociation atneftded. Govertiing body The Gnvemors olDaunt8ey'.% %cl)<)ol are bsted on pakie 3. The Articles Jf A%%uciatiDn alliJw for a maximum OE 18 Governors up ti) .%ix c)F wh()m May be nominatvd by The Mercer%' C()rnpany ()f thL c.iry i)f Londr)n. Up t() A ximuM nf 12 ntlier G()vemvrs may l)e co-opted by the lull b()atd. -4s at 31 Jlugust 2024, fLV¥ Guv¥mL)fb Arc nominees of the Nletcers, Cutnp3n} and eleven Cy()verii()r.% have been cv-opted. Recruitment and trailling of Governors New y)vernL)r% Are appoinicd at mLLting% ()[ the lull l)oard. In thL case rjf th()%e n()mLnat¢d, app<)inimLnts arL made ba%ed un appruved n()minarir)ns. ,Ul app()intmtnt4 Ar¥ made bascd i)n ideiitifitd needs, intn cnnsidcr2ti()n exi%tIng %kLII.% the yivert]Ln¥ bL)dy. A fnrmal inductiijn pr()gramffle is in placc which includes ViSiUng the %chi>ol, l)ein£ pr()vided with relerant dncument2ti()n and key Lynvtrni)r8 and 8tafl. All go)vernotr art cncouragLd t() attend %ppti)prtdte seminar% and traints]g CVLnt. orgsation and management The Cynvern()r% 2re legally respun%ible fnr rhe i)VLrall adrninistratiun, managcmcnr and c()ntr()l OF the %chool. In accnidance with ihc 2006 Scheme i)E laa8Me1]r and DLILgatii)n th()4e responsJbilitie% are mainly executed thruugh the commirree% ideTLttFied ()n Ihc prLcLding p2ge. 'fhe day-ti)-d2y mxnagcment {)[ the school is delemurcd t() the HLad Nlaster Bursar, uppurted b}y Ihc SLni()r LL'ader%l]ip Team. The Ilead,later and Bur%ar, tLi8etber with b(Jmc mLmb¢r of tlie Seniur LeaLiership Tea attend TEieetin£s r)E Yhc g()vcrning b()dy and the variou.% ci)mrnitteL rneeting8. The Heid la5ter'%. Bur%ar'.% and Seninr Lt2derskn"p Team'% remuneration ts crjnsidered by the y)veming bndy's Finance and G¢ncral Purp()se5 Committee. The Commiitee'8 practice is t() ci)n%i(ler bcnchmarking %urveys by vxri()uN nrgani%2unns regarding rernunetation in independent schools. Rec()mrnend&ti()n8 are then made to the Full BL)ard F(Ir a Final decision. Group structure and relationships The school ha% two wholly i)wned nnn-charitable .bubNidiary cnmpanie%.. Daunt5efb Sch()(>l Enterprkbe% Limited (Co. Nf). 02956098) and jOe Brise Lirnited (Co. No. 32349061. The acuvktie8 and tndiiig perfi)tmance i)f rhe%e C()mPanie ate reflected in these Financial sraternenrs. CHARITABLE OBJECTS, MMS, OBJEcfivES AND ACTIVITIES Charitable objecfs Tlie scliool's cl?aritable objects are as btt ()ut in rlie IL lerni)randuni oE.45s(?ciation. to advance the education i?F boTr and girls by the pro1$1017 IJE a day And/or boarding.4chool ili or near Wesr Lavingri)n. and by ancillary ur iii¢idental educaui)nal 2ctirritie4 and oth¢r 2s%ociated actiViti¢% fi)t the benefjt ()F the commurkity." By virtue c)f a Charity Comtnissi()n 8cheme datLd 29 AUgUt 2006 the bchool al80 acts 2% tru%tee of DauntN-vy %chool Foundau()n, a charitj, (number 309480), in (l) the administrauiin and managemenr of the pr()perty belongjng tu that charity which c()nstimtes
DAUNTSEVS SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 permanent end()wment, and (2) rhe admini.4trati()n of %LXteen ass<)ciated prize 3nd ()ther fund4. Daunt%ey %chnol Fi)undation 1% the pre-incorpoEatii)n charity ebtabliihed in 1891 when Daunt%ey'4 ch<)ol wa% ref()unded. The permknent end()wrneiit comprises the hItOriC c(Ire of the school site acquired in 1893-95, the pre%ent .%ite OE Dxunt%ey Academ}, Primary Sch()01, 2nd an Annu21 rent ch8rKe of £2,000 over certain pr()petties in the City of London. Location Daunr4ey'i School pruvide8 educatii)n in West Lawngt()n for ix)y% and girls Erom age4 1 I ti) 18 utilL%ing a main site at West LavinOn and the nearby Hou%e estate at Litdetc)n Panell. Objectives for 2023-24 The focus continueb to pursue outstanding academic ackn'evement, the promotion i)f independent learning and sustaining the excepU[al level8 of pupil invulvement in extra-curricular activities. The schuol 18 cornmitted to widening its access further fnr the benefit lif the communiti,, particularly in re.peCt uf mntained %ectr)r primary choi)Iq and their pupA8. The 8chi)()I has iiicrea%ed the amount nf rime and re%i)urce% that it dedicate t() partner%hip aclivitie% with Ii)cal primary sch<)i)1s, a% well Seeing an inctra.%e in the nurnber of local sporL% clubs who make regular use of school faclle4. .%chool f2ciliue% are al.%i) u"ed for education21 purpo%e.% by large numbLr% ()f children Er()m thL UK and abioad durmg the summer holiday perii)d, as part of the 8ehnnl'8 lerrin busIne&b, when not othtrwi%e needed f()r irs own pupilb. Grant making policy Daunts'¢! N is c()mmitted to promutinLJ lid rewar(h"nLtr excelleiice in a wide i)f area%. T() ciimplcmenr this, %chL)l&lL%lll"P cari btr offered t() PLipil% wh(J aeTnc)iibtl-dte h()w rh¢ir tralents w()uld l)cnefii fr<)m stucl17ing at tliL %chr)r)l. %ihL)Idr%liips are aV'Aildble t() rec()&11C acAdemic, 4poittn¥, art and peLCI)rmink £'irt%' &2iid mLlSlC c.xcellenie dt diFfereiit P()Ltit% i)f eiitt?,. %ihL)Lir%hips are awarded c)n 2 'Jlttd% l)lind' ba%1.% pi()vidinLJ fnr 2 mffjixirnuni Fee remi54i()n ()[ l 0 /. There Are rntaii%-rt%ted l)ursarie.% t() %upplement thL%¥ awardb. There 18 2t] objLLtiV¢ iri the school'% g()VLminL di)ciimetit that it .%11211, eaili year, appl}" a n() t It%% thit] 2,/11 1)E the totAI dni()iiiit i)f rhc Fee% Pil}'al)le lli thc }Lr l)). ijr iii re%ptct i)f pupll% 2t the %chiK)l iii m2ilit2illitig? l)ur.%¥ltie%, beiiig ti)tal ()L i)arii21 eNeTllpui)ii.% Ir()m thL P21'm¥nt lil tLllti()ti aiid (Jther Fee%. The DAunt4'ey'.% Buary £chtme ]% iTAtenLleLI t() a.%%i8t in where the ELes are hcyond the ()E a p()rcnrial pupIl's PArents nr guArdEdiis. In Such c2.%C%, il is the sch()ol's policy Ir) pr()wil¢ IOOO/o bur%2Lic% and it Ib necessary E¢)r applicanis t() demonstrarc the inAbility to c()ntriburc any level L)E fee. BL]f%ariL8 are avRAlable t() th().%L who meet our minimum educ2ti()n21 criteri& l()r entry nd are %ubject t() financial re-evaluatson every ()ther vear. Bur%arie.% are aLsn available fur tIng pupil.% xnd are given t(tr a.ssi%t in cases of %udden. unfore%een 5hort-term fin2ncial need. Parcnrs <)r guardian% with a chsld 21 School whi).%e fiii2nci21 circumstances suddLnly change may apply f()r 2 h2rdship l)ur8ary. .%uch award are me2rn%-iested, subject ti) the availal)ibty UF funthiig and rypically only provide suppnrr Enr up to maximum VF ()ne year. Volunteers G()vernors greatly appteciate the help pt()Mded from ()Id DauntbeiaE]5 and the DaunL%ei'N Scliool Parent%, Associaui)n with fundrai%ing and other actsique% thri)ughout the }Tear. Connected and related entities These financthi statement8 inc()rp()rate the re%ult%', ind hal)iliues (}[-. Daunt%ey's %chc)ol Eilteri.t% Limired A trading %ub%idiary OF the %chool (%ee note 3) Jr)lie Bri%e Limited A trath"n% Subsidiary of rhe school {%ee note 3) unr%ey %ch(>ul Fi)undation Fi)Ili)wing incorporation, the 29 August 2006 Chariry Cornmib%ll)n schemv includes a uniting dikt¢Uf)ii providit]g Eor the old chirity znd it% ubbith"arie4. The l()Iluwing related entiue% liave nut been inc()rporated iii the%e fan(la1 %tatemeiitN- as their activsties Are nc)t under the contLnl ()[ the Gi)v¢ni()rs OF Daunt.%esT s 8ch()<)l.. D2untsey's Sch()i)I Parenrs A851)ciatiL)n Daunt%es Academy Primars, %cht)ul (n()w part ()E Equ2 l.lulu Acadetn}, Trust) The ()Id D£Illnt.É1i9nS, A8%ociati(In Ixlelfare Fund
DAUNTSEYS SCHOOL
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 Augusi 2024
Publie benefii aims and intended impaci
The GoverningTr Body, as the chatity ttu4tee4, ha8 c(>mp]ied with the duty in %.17 1)f the Charities Act 2011, havinK had due
rexard ti) the general and relevant 8ub-.sectur Charit! Commiqqion guidajice conceriiing the ()perati()n of the I)ubC BeneFIt
requirement under rhe Charitie% Act.
Ift additi<)n to it.% key purpo8e ()f pr(Ividing 2 rt-ClaSS educatinn tn all PUPAl%, Dauntsey's %ch()i>l is c()mmiited to rnakin% a
significant and enduring impact in terms OE pubiic benefit. The %Ch£)()1' p(Ibcy 1% t() pr()rride 2cces% to the school via a burlary
cheme which provide4 fully funded places for th(>%e wh() cannot afford to make any contsibuti()n t(> the c()%t ()F priva¢e
educatian. Through thi% %cheme, the School is abl¥ to 4u4tain a genuine i)pportunity fr)r all t() benefit. The %£hn()1'5 abiiiry t()
pKoviae %uch <)ppi)riunities 1% constrained b), financial £eality which In pracuce means that it can aff()rd ti) provide up to the
equivalent of 21 boarding ()r day places within the %ch()ol. In-yeat attainment ()E thi.% aim is det2iled witliin 'Achievements 2nd
PerEomiance lor the I'eae under the sub%ectiiJn 'Oper2tion21 PerfonTLance' on paKe 7.
On 2 brc)Ader frnnt, the .%chool 1% ci)rnmitted ¢1) it% wider role witkn'n the communiry by providing aiicillary or incidental
education21 activitits and uther associated actIMtie%. Duntsey'% ha& 2 nurnber i)f partneryhip% with local ptimxry %chool% wl)()
can make u8e of %choul lacshties arkd straff expertise. A mott cnmplctc dtscription of Dauntgey'8 commitment towata4
Jebveting public benefit on an ()ng()ing babib, is detailed within 'Achicvementf 2nd PerE()Imance for the l-ear, under the
substcts
DAUNTSEY'S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 The 4chool i.s determined to dehver a EulfJlling, adventurous and in%piting educau<)n Eor everi, pupil, in a 8upp<)ruve and inclusive ¥nvir()nmertt, tliat pupiL% l¢ave confident in tlie knowledge that they have achieved their very be4t, experienced all they could and are teady for their next j()urnev. The scha()I ha% a unique feel or ethos, and i4 a 4upportive, energetsc and creative c<)mmuniry with a %tr()ng famil}, atmosphere. Friend4hip%, 8enerosity ()f spsrtt and muwal re8pect really matter, 2nd indepei)denr mind%, adventuri)u% 8oul% and s(Icially con.%cious individual% thtive. The aims that will underpin our %ttategic Plan are aq F()llows'. T() achieve strong pubknc examination resulL%, while in8ti11Jng a life-long Ir)ve 06 leart)ing, thr()ugh excellent and iniiovative teacng To dehver ouh-tanding pa%rnral care, where eve4, pupÈI and .%taff membet 1% kn()wn, valued and re%pecred, and whete kJ'ftdJiess, courte%y. compa%%ion and tolerance are ever-present To offer Ftt8t-cla%s, tailored univer%iry and career% advice in i)rder to find the be8t future path lor each &ndividual To provide a broad range OF co-curriculai aCtivitie4, which iJff¢r advenNre, opp()rtunities and ch211et)Ke To esure the .%choul remairn% a nefit ti) the local cornmuniry and bey()ftd, through offering a partner%hkP programme, service ai)a f¥e-a818ted place.% To cherish and pr()rect our environment, wkn.le also reducing our carbon footprint The Gnvernor8 review the 2im%, objecrives and fuNre plan8 OE the school at regular interwaL8 thr(iughout the ye. ACHIEVEMENfs AND PERFORMANCE FOR THE YEAR Operational performance At rhe end ()E the acadcmic year 2023-24, the pupll ri)ll numbtred 5157 of wh()En 536 werc day pupil% and 321 were b()arder. {2022.23.. 870. -5.3111_340). The stron% level of iiitercst in Dauntb¢y'b L()ntinue8 to be %u%r2ined with the %cliunl ri)ll in %eptcrnbct 2024 %t2nding at 8_38 pupils. The pupll r()ll lias £etitl}T clsed alter a pu%t-covid incrcAsc l)ut is c()Asistent with tht schc)nl' StrateC l)lan and hgq llow¢d the Schi)i)I ti) generxtt 2n (JperatJnLJ surplu% f()r re-invc%rment in the luture. i)r tht 2c2dem2i yeat 2023-24. termly Ftes Enr intemativnal b()ardinx pupil% were £14,530, UK b()2rding pupjls £12,580 and day pupil% £7,600. Durin thc ye2r, the siho>o)I pr()viileLI £621J,112() in r¥speit ()[ n]ein% te%tLd hur%2tic%. Thi% exceeded tlit i)l)jective in the %clirJftl's £(IVLmin& d()cun]ent ti) providc a minimum ()F 2Q/o ()f fcL8 1)ayAhlv for meanb te%ted bursaries. Includts¥ fundin% Frc)m other buufLes, a tntsl ()f £6_S.1,241 w85 expended i)n bur*arie8. A%%isixnce pr()vided ti) 37 piipds ()f whiim IC) l)eneFited Erom a full remi%%ii)n of fees. The Guvern()rs air cnmmiited tu welcuming pupi]% fr()m all Imancial back£rDunds, %n£l the IOOO/o Bursary l)()Eicy cr)nrril)utes ts) the nbjectivL lif wideninx aLLe4% to the sch()()l. Bursary uppi)rt ()ppiJrruniiie% and applicatii)n pr()CLdurL% arc puhliiised on the .%chniil'% wcbqiie. F()r ¥XLsttiig pupil%, cases 1)f %udden, uJif()tc%ccn FJnani121 need may ju4tify 2.%sislance ftt)m tlie sch()ol. 'I'kn's p()hcy erJ%ure% stabllLty and c()iitinuity i)E cducatii>n fur pupiL8 already attending the Nchi)i)l and demon%trlte4 our commitrnent ro a very high %t2ndard of p2%tvr21 care fnr our pupils. In JL]ne 2024, the Gi)vernor% tYs()Ived tn brc)adeii the scope OE the Fee Remi%sLun, Scli()12r%knp.4 and Bursaries p(?lJ"cy tL) include pruvi%ion E()r parrial bur%ary kward% alc)ng4ide the éxi.4ting cnmmitment tu the 10(Y/o Bursary P(>licy. F.Efective Ir()n] %eptLmbcr 2024 onwards, thi% %e¢k% to pti)tect the i)bi¢crive of wideninx acce%4 by pr()viding ()ppoitunitse% Eor th()%e who would not quahly for full fee 38Si%tance but fnr whom the full fee remxin¥d unalEI)rdable. %chi)larships t()talhng £.397.220 have been awarded til 162 pupils, based i)n their educ2tii)nal rnerit and potential. Sch()larihip% are 'need8 blind, and are predi)iMIateY awarded it the p()int i)f entry. The8e art based i)n acxdemjc abibtyr evidenced l)y exan]inati()n perf(>rmance ur speaal talent in music, dixma and sport a8 evidenced at int¥rview and auditi()n. The progres% OF pupil% rec¢ivin£ schi)Ixr%hips 1% reviewed to en%ure that awards r¢main appri)priare. In addiuon, awards are rn2de tv existing pupil%, rypically at traditional entri, p()int8 ti) the 4chc)ol. tu recowse significant merit and ptogre%s. G()veni()I% ci)ntinue ti) all()cate res()utces to maintain and iirjprove the sch()()1'8 txcell¢nr facihtie%. The.%uminer break the r¥burfacing i)E the netball and teiirus courts al()ng with an upgrade t() the ghti1]g nf the .4pace, 28 well ab Ilnpruven]ent ro the athletics field ¢vent8. ()ther kv!, development% ivere the change8 to FO1)tpath. th&t take pupi18 fr()m the bus drnp-off 8rea8. infrastructure improveAieiit4 (in ri)of4 and in Jeanne b()ardinkF hOUt, and the upgrade ()f pianos in the mu%ic department to include the atriv21 OE a %teinwa}' grand pian(i. Academic life Academically the School chieved ¢xcellent pUb"C ex2minati()n re.4ulis and a rich variety OF extra-curncular activiues and event%. were %taged. The %¢ho(Il ciJntinued til %upp()rt Ii)cal primary.%¢huols by prijviding pArtnehIP stafE throughiiut the }year.
DAUNTSEY'S SCHOOL
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 August 2024
The %chiiol 1% pr(>ud i>f its academic achievements and 8tron&y record lif succes% in nounnal examinations. The eurriculum i
bri)ad and balanced, offering the ()ppc>rtuniry ti) study an extengivt range c)64ubjects. Le88()n% are dets"vered b}'.peciah8t teachers
in a challertng, stimulating ¢nviri)nment rhat 1% c()ftducive tn a pii%itive, enjn)T2ble leaming experience fc)r the pupil8, We are
keen t() prc)mottt independent learning, enk)l)hng pupil% to fulfil their p()tenu%l and dtvel(>p a range uf key 4kJ'll% that are Eelt ro
be e%%ential ii) later ]iEe.
The lW¢r %cho()I curriculum ()EEer% a broad, varied Pr()grnrne pr()viding intere.%t and challenge f<)r pupil4 and dehvers the
e48efttial backgri)und f()r the I/GC.4E cour.%e% srudied in later y¢2r%. The three %cience% are rgught a8 8eparate th%ciptsne4 and
PLipll¥ Study a range ()f languages to ptomL)te t4 imp()rtant ar¢a i)f the eurriculum.
The GC.%E cutticulum E()t the Fourth and Fifth Fi)rm pupil% is designed tu ensure pupil% aLe re%dy ftjr life in the .lixth Filmi
and beyuiid, with a free choice 06 their opti(Inal %ubject%. There are compulsoty c(>re qubject.% of Enghsh LanguaK¢, En&yh8h
Literature, ML athemauc% and %cience,' in the latter pupils have a choice of %electing thr¢e Separare %UL'nces ()r to stud), fur the
dual award Science. There is a wide range ()f ()ptiL)nal 4ubjech- Erom which mo¥t pupil¥ choi)%e four subject4 but the most
academic may chooe five. The ()ption% currently offered are Art and De%igt], Ci)mpuung, Design and Technoli)gy, Classical
Civth"%attun, Lgtin, French, German, Spanish, Geography, Hisiory, Reh£iou% 4tudie%, Drama, Allu.%ic, Dance and Phy%iial
Educatio)n.
The sixth F,()rm curiiculutn 1% desi2nLd t() providc the best PU.%biblt preparation beyi)nd 8cho()l. Pupi14 ate therefore i)Ffered
thL IlPPI)rtunity Enr breadth OF %tudy iTAth a frcc chi)ice OF %ul)jects' well as c()n%iderable npp()rtunity fnr academic
enrichmtAt. Twenty-eight %ubject% are i)Ifered at A Level, plu% thc Extendea Pr()ject QualLFiclition (EPQ) in the lWLr %Jxth
Fomi. sigtiilic2nt time 1$ available F()r ttacliing ana lernIng. 'Ihi% tImc mLan% thdt PLipils cali be .%tretchLd a% much a% pn%sible
in r)rdtr to expli)re and ILarn the %ubjcct matter in real depth help less ci)ThFidenl pupil% ti) Itnpriive their knowlodge and
und¢r%t&nding ()f the %ubject inatter.
-4t .l-levcl, 138 Uppei- SJ.rh F()Imers ¢ichieved exL¢lleni rtsiilt.s witli 42.10/0 ()E yade% 1¢ ivArdLd at ()r .4. and 75.4°/o at At. t()
B. "fweiitl'_SCVLii piipIL% 41ihicvLd 211 .{ .iiid ,4 kriaile%. ()f 142 pphL4ITlt% ti) ui]iveritie%, i()n%ervat()ir¢%, Jrxtna sclioL)I c)t Art
nundatiiln Lt)Ilekws. 940/0 were 21)le t() take up pl¥lCL.S at tlieit ihii%tn in%tlthtiL)nS, With 840/0 lt their fiijn Llioiie. At GC%F,.
levcl. 21Q/o ()F All eiirLic% ivere At Kn"'kdc 9. Ivith 41'/u 2t Liradt% 9 to 8 xnd 650/0 at l) t() 7. ()[ the 139 FiiFth fi)rm pupll%, 13
gainLd a cle
DAUNTSEY'S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 Mental healih and well-being The 8chuol recoe the imp<)ttance (If helping pupil4 with their mental health 2nd continue.% tc) inve%t in the ()ngain% pr<)vi8i<)ft of support for pupil% as their Jieed% increase. Two coun.%ellors provide an excellent confidential service for pupil. and staff. The level of ci)un%tlling provi%ion 18 kept under regular review to ensure that it 1% adequately staffed to meet the need% nf pupd%. The 'Teen Tip%, wellbein¥ hub is Available Fnr pupils, partjits and %taff. It provide% specia.t advice on understanding adolescence and creating envir()nment8 wkn.ch pr()motes emotion%1 wellbeing. It tiicourages teachers, tutar4 and parent% to wi)rk togethet to pri)rn()re itr()ng 4elf e%teem and em(iti(Inal re¥Ihence' this helps young pe()ple to devel()p %elf regulatinn and ernorional alIty to ()vetcome the challenge8 <)f hfe. eMbershiP ol this hub is also extended Fret of charge to Lavington School. With rhe appointment of a new imental Health and Wellbemg lead, rhe %choul ha8 8tarted to roll out the Youth Uentl Health Fir%t Aid IMHFA) course to *ll 8t2ff. cr)ur%e de8wied tD p()mUtt awareness of p%}pch0l()Cal and emotic)nal well-being and ment'al health and to %uppurt profe%8sonals to rec()gnise and re.%PL)nd t() menral health i85ue% in 8-18 jiear uld%. 'lknc aim i% to increa8e the capacity ()f bvth teac.% and bur%arial.%tafV% kni)wledge regarding menral health problerns, dectea%e the negative attitudes t()ward.% th()s¥ %uEFeting with mL'ntrdl health 2nd inc¥ea4e the number of time help offered. There Are now just over 50 Youth UHb'A qulilified %t2ff in the sch(>ol. There 1% (Triig()ing w)rk witli the Lklcrcer'% Cotnpany aiid St Uary'% University, Twjckenham, workingwith L)ther Ni lercer's %ihuul t() devel()p Wellbeing in £chiii)l.% prvbrafflffte.%. recejit auditiiig of nur pruvASIL)n 2nd surve}iinLJ the c()mmiJtlily, lall% ht]L with the current ¥oVertnent push t() prrivide a meiital health lead within educati()nal 8etting%, and it is hiiped that the .%ch()(>l can l)ccome a leading ccntre fur the wurk we cummitted tn around ljlental Htralth and Wellbeing. Careers, or 'Futures' guidance en 5tudcnr% arrive at Daiint%cy'%, they beyt] a carcfu]ly pIared Futurt% Lwiddnce programme, rtL()xnising tI12r ih()OblEI¥ future pdtli 1% a pr()ies%, nut a %inglL CVLlli. FututeN guidanct 8t'krt4 in the Fir8r br)rrn d% rt ()[ thc C.i)mplenientary C.urriiulutn Pr()grammc. In the %ec()nd biirry slud¢nts. liave dtdkcated %essi()n% tri cxplnre huw their acadcmii dnd extraci1rrc]Ar aLttvitte% re hLlI)ing thern devel()p a variety i)f en]pli)yal)ilily 4kJU%. Ihey usc qui/./.e% t() tnatch their int¢r¢%ts' t(} p()tcntial futute r()le% atid btgin tn explore Wh1 t rhc.%c r()le.% eiimil. 'Ihi8 cxplvrAtiun 1% txtLndLd through the illV% Get IT pr()grammc, which Focu%e% ()n S'I'ELM-relxted Futtire%. In the'fhird foim4 the gcneral principle% nf PuftJre% mana¥ement arc l)uilt upun, with a facu% (IA h()w I/C,C%F. (>ptions relatc t() fururL pathwa, al()nLisidc an Entruducti()n t() the Unifrug destit)Iti(In.% platEorm a%.%tudents' tran%itinti into Ihe UppeI %ch()i)l. 'lkni% .%uppc)rt cuntiniie% thrnu£hi>ut the fi)Ili)wing years, with advice &nd KTUtclaAce ()n IVe] 3 quahficati()ns (such a.E Il LevLls). w()rk cxperience, 2nd HF. parhwA3T4. tsUternxtiv¢% tu univer%ity. such a.% apprenticL%kn"ps, &)ap }Tear. art fr)ui)dati()n ci)iir4c%, cnnsent[Ilre 2ppIicaFi()n% E()r Music and drama, and pathways F()r healthcarL carccts like mediciiic 2nd veterinary medicine,'kre aLs() explored. Th1.% curnfng year, rhe apptopriate use (If AJ tools be incnYporRted to enhance students, re%earch 8kill.. %tudents in the %ixtli Fonn have the oppurtuniry to UP ti) focussed 'ETnployabdirf bes5i(>ns thr(iugh the c()Tnpltsnentary currirulurn wliich explotrb skllls Fi)r interviewb, presentati()ns and 'perbonal branding. as well ab dedicared UC.4S 5UPP()rt when it come.% tL) prep2ring their applicatii)n And pers()n21 %tarement4. The DaunLsey's N.lent()r Netwnrk. which include% parents, ()Id Daunt8ethn%, and friendF of the schoi)I, is an invaluable re8our¢e. It connecrs srudents with individuals IriJm a wide range i)F indtrIeS who are eager to %hare theLr knowledge and personal experience%. Student% are encc)uraged t() engage Math proFt%sional.% til d1cU future i)Pts1)n and Itarn the impnrtance OF developing interpersonal skills, wkn.ch are e%%enrial for %ucces% in both the wt)rkplAce and iViLler bfe. Throughnut the enure proce.%., %tud¢nts and parent% are welcf)m¢ tD di4cu$8 ideas and plans with the %Eh()ol'.% Head OF Future5. The adviseL rake% the time t() get ro know each student, their %trengths, and their ini¢resfs, guiding them toivards the n]uEt uitable i)ppi)rtunities bey()nd %chool. Culture In additi()n t() the cademic subjects i)fEer¢a, rhere are many ()pporttJnitie% E()r pupils to participate in muqical activitie8. dram, pri)ducti()n% and %pi)rt. PupiIs re al%1) enC1)ued tn ji)in rhe nurnerou% clubs and .%(Icietie4 whj'ch are a feature i)f the 8chi)ol. At Daunrsei'8 everyone c2n k>et invi)Ived in music, Lliama and dance. Buading Future pr()Fe%%ioiial% will peKf()rm readlly i)ngside thi)%e ivh() %ifftply want ¢() get up aiid 'liavt a Li()'I
DAUNTSEY'S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 The Dram2 dep2rtment providL% plenriful opp(Irtunitie4 f(Ir pupils to deslgti. dÈrect and perE<)Lm in a l¢irge numl)er i)f prcJductii)nN, which are %taged thr()ughi)ut tl)e 4ch()()l ie1L. The}T r'iiiLie fr()m %mall btLidi(> piece% tr) full qtage show% Aiid Extrd-curriculi¢ r xctivitie% ()f6er¢d l)5, the drama Jepdrtme11t IL1clude sceiiel), de%iEn, daiice cla%%es, rlie¢irnc¥21 pri)dLICti()Il%, %()uiid, m'ike-up, st8g%e ma11agement ¢iiid stigye tshFhtiiig. Tlie Sch()nl lia% a l()iTrg &2nd pr()Iid traditic)n rjf mjor rnu%icii pii)dLicfi(>ll% AtiJ in 2023-24 t.% c()ntinLied 2 Full-scale pr()dLicrinn ()f Cl)icigi). Nl¢ide Llp l)f cA%t liid crew meinl)er4 drakvi fi()m the Fir4r Folm t() tlie Upp¢L Sixth. the 4h()w pla)Ted to cl()%e ti) 2000 people Acr()%s f()ll dai Tlie %h()iv% iiii'c)Ived m()re than 100 pupil% i)n the 4tagre, iii tlie %h()w l)and4 ivi)rkiiig behincl the %ctnes ivith t11e hgTrhtin% xiid sound. ()tlieL prodiictii)n4 auriiig the !-eaL iiicluded A iiumber of srL]dii) plA!N including'BoKlllI'eiy' by Jf)hn G()dber, 'Tli6 39 Si¢Ps' 2nd "D.EA.D': Ii) N()vembeL we ho.Et i)ur llnniLI1 %hake%peL2ie Fe%uval fearLIng m(>n(IlL)we% lid dU()I()e4 b!T rlie Batd t() packed-ijut iiiclieiice with'begt p¢if()liCe, i11ield AW&iLded l)}, a p'.iiJel ()Eexperts. ()iit %peech & Drnma depar¢rnent (L,IIID.4 qUL21iFIeatti)iil c()ntinue% to have excepuaiial re%iilt%' aiid puts 1)ii two fant¢i%ric perfi)rmances duliiig the ieat. Dauttt4e) a %ftc)ng mu%icil ttr¢iditii)ii xncl a Lli%tinguished reputAri()n f()r mu.4ical acuvitie% and achievements. The Nlusic Department aim4 to devel()p in all pupils the %]u"lls, knowledge ana unaÉ'rsianding that wdl faci]itate aft Acttve appreciati()n of mu%ic. A full raiige i)f ()rche%trks, en8Lmble%, bAnd% i& nd chi)iPi reLFul&iLII.- fLhe2i%e,'Ana all mLI%iCl2£ n4 iie welc()xnL ti) paitiLiPilte 2ppropriLlte, thi1% devel()pin¥ tlieit musical %]u"ll%, ki)i)wledgre ind uiider%rAnding. ILidividu¢il tuiti()n 1% 'AwAJlable ()n the full rAngL ()f ()rc11e%tr.Il In%trumeiTrt%, a.% iv¢ll as piaii(), drum%. cla%%ical STrLlltir, elcctric gruitrAf dna v()ice. There Are nutncrou4 music concert% during the year ranging in sty,1¢ from itifi)rrnal ev¢nings 1)f chatnb¥r music tu jazz ar]d tr)ck cxtravaxAll¥a% as well a8 fom)al ch()ral and o)rchestral c()iicert.%. Inireasingly pupulAr Are the 'I.ive 2t thc Pavih"on' eVL'ninLF.%. ()IFtrinKF x blend ()E coiir¢mp(Irary v()cAI lI]d i114trumental perfntmaiice4 th7t kire tntireli- pupil urgani%ed ana run. All pupils are encour2gLd t() explur¥ their creative putenti21 in the Art School. and De.4ib)D ¢ind TLchn()lugy Department. There .% 2 wide tanL)ing art pr()gtrAnime including painting, dr2wts¥,, rehef printing, sireen piintiiig, %culpture, ceramic% And ph()t()graphy. Ilistary ()f ilrt 1% tliULht a% ali inteL)rdl part OF the ivur%e thr()iighi)ut all year griiup%. Pupilb, Wcltk 1% th"splayed prnminLndy ar()und thc .%ch(i()l and iulminatLS 111 the end r)F year 4ummer 2rt LxhibitEon. In I)esign at]d Teihnnl()gy, pupjl can exp¢timLnt with i()mputer aidecl £le.%i2n and c()n]puter iiurncrically contrr)llcd maiiufaLtunng PmCL.%se% Such a% milbng, turning. r()utingF and lasLr cuttin%. It is a subject whcre pr()blem %iilving. plaiimn¥, devel()pment, cummunicatii)n and ptesenr2fiiin c()me to)LFethcr with re%earih 2nd independent thinkiiig. thi.% ire2te.% a 8tr1)ng Luml)inaiirTrn ()f %kill% for CVLryday wt)rk 211d life. The Summel Festival Week secs the culmination nf activity for a number o)E dtFFerent cultural a8pect% nf %cho()I hEe, and the week ii) JunL 21124 lived up to Ihat Lxpectrdtion. Ilundreds ul pupiLs WLre vvIved in diffcreiit event% including a luwer.%chnol p52y - 'Weiidy Pelei-' a ptrFormancL OE 'A fvlidsmtt2ep' JNighi's the %tudio play "I'lje U¥oNderful IVoF"hl OJ Di[O(lI1,, a Full pri)ductiiin-leDxrh dance interprefirinn nf 'Mou/tii RfiE42t'. Inu8ical evenr% includin% the Big Band concert and thc ever popular 'R()ck Fe5rf featurin£ pupjl baiid.% Fti)m all age.%, plu% ()ur%t2iidink ,Irt and Design exhibittc)n%. Sport Diuntscy'8 2irn is tD provide 'spnrt Eor all. whilst put5uing exc¢llence Eor the m(ist t21ented inaividu21s. Enjoyment 14 es%ential but aLs(I rhe nLed to be chall£nging Fi)r all pupil4. A8 well d4 devel()ping phy%ical skill% and fitne%%, parricip2tion in buslds confidence, resilience and menial toughn¢.%%. It £ivL% pupil¥ a rcal s¢iise ()[ aihievement, extends their l¢aderihip skills and teaches thvm rhe irnportance of rearnwork and discipline. The schoL)l is proud that our rn()st t21ented pupiLs pr()ceed on to county, reOnal and national level. The major port$ of rugby, hockey, Iiiotball, basketball, crick¢t, athleucs and tennis re played by the boy% and hockey, netbau, thletic%, tenm8 and crlcket by the grls. ,{ thriving extensive extra-cutricular proLyrarnme IF als() avai]able. Thi% alloivs all pupil rhe chi& nce t() represent the 8chi)ol in such spurt% a4 8ivimrniEig, rifle 8ho()ung, 4qua8h, fencing, crv4% country 2nd horse riding. Excellent team results 2nd out%tandin£ iiidisrydual acci)mplishn]ents are achieved acr()b% diver%e sp()rting di%ciplines. Among a wide ratige OF t¢?m and inthvidual succe%%e% a number of achievement8 grand out. The 1st XV rugb}' ream mad¢ it rhrOU to the Re£ic)nal Final OF the Nat West Vase, reaching the last eight from 256 entrie%, and the Under 12 and Under 13-ye2r gtoups ivere 8uperb. Enthusiasm fi)r girls, rugby also Ntrilu"ng wtth everal fJxture% besng pla}Ted. The girl.s enjoyed similar %ucce88 in hock¢}', parricu12rl} at l%t Xl. Under 15 and Under 14 level4. The Isi Vll & U14 Netball teams quahlied Fi)r the Re()nal Toiirnament after chrItMas, with the U14 team progre%4sng ti) the Natioiial Finals. io
DAUNTSEYIS SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 The Isi Xl cricket team w()n 13 1)ut of 16 gAme4, with major contttbution8 fr()m tnultiple player%. fvlo%t ple%ing wa the ttam prit and enjoyment oli di4play. They reached the regional.%emt-final of the National T20. There wa% also a huge intere%t in playing the game all ages, with B tLams uver-sub4ctibed. The tenni% t¢am8 had an excellent 8ea%on. The result8 acr()84 all team4 were particularl}T impressive with 8pecil mention g()ing t() rhe U15A, U14B, U13B & Ut3C Kirl'8 teams all g()in% unbeaten all geasnn, cumulatively iti winning all 19 matches. It wa¥ a 8uperb 8e28()n f()r aur athlere.%. Dauntbel% ci)mpeted Against 110 .Chnol teams with 101 wins and 9 lo%Ke%. ()ur girls. te%ms wete rince a%asn unbeaten. We had 9 pupils repre%e¥Jtin¥ Wiltshire, with 3 selected Inr the Nitionl Champi<)n%hip% l)ur swsn)rners won a Gnld Nledal at the Londor) Aquatic Centt'e for the Fir%r ume in 2 National Cornpeuui)n. C)ur Equestrian team once agam excelled at variou¥ c()mpetitton.4 thr()ughout the year. Pupil8 competed at National Level m ka5r1.llg, rifle ¥h(>oting, athletic%, biathlon and duathl<)n. The %izeable range rif clubs and qocietie% ()fFer spnrts clubs wlll.ch include aewl)ics, archery, bootcamp> badminton, basketball, climbing. kayaking, }0ja nd zumba. Adventure acuvities The i)verarihing theme of DaunL%Ly'S apprLiach to 2dvcnTure aCtivLties is Fc)r pupils to be Stretched beyond theit peLS()n21 cijmfarr /one and t(} learn to encounte¥ risk and manage ri*k in a 821ely man2ged context. The nurn]al advenrure curriculum 18 de.%cribed Further bel()w. Within a few wetk8 ()[ rh¢ start uf term, all Fir%r Fnrm pupiL% vi%it a l()cal actlvity i¢ntre, Braeside in Dtvi/e%. Thi% V()IvLs an ¢tion-PaLked tw()-day pri)LFramn]e oEactivitie8 includink bush craft. 2 ri)PLS Cl)ufbe, climbing and The I.if¢line' wkn.cli is a ttam builLliAg and prol)lem-.%ulrring activity whert pupJl% full()w a traÈl Itadinki d bhndf()Ided tcAm. It i% an excellent ()pp()rtut]ily t() d¢vel()p friend.%hip8 in a relaxed, Euii and ch21lcnO5j envtriinment. ItJut]r2kers, stlirted nver 50 Yea agii, 1% a weekly Friday afternoc)n venture f()r all Third Furrn pupll%, inci)rporating a number i)f nutdnor aitlVitte% all nvLr thL %chiic¥l site. It cii]miJ12te% in a week Ii)iig camp. duriiik the .%ummer tenn. at rhe ()utrATarLI Bound Centre m..IbcrdyFL. Wale%. The pri)grarnmc 1% de%iLyned t(} pr()m()rc the aevelvpn]ent nf yi)ung Ic2der.% who) Lan pla}, , pi)sJtiv¢ rule in .%i)cicry. aIid t() teAih them ti) rec()gni.%L h()w ti) get tliL liesi f)ut ()F theni%elve% 2nd ()thLf individuaL% anLI, al.%() how they can f(18ttr teamwork. Tlie "I'rek to rht %tone4 ib a tw()-d2y trek Emm 8chuol t() Avchury for FLIULth F()rm pupils with an uvernight camp ai All Cannin£%. Pupils phn thetr ()wn rnure i)f etthet 30+, 40+ nr 50+ krn%. '1C pupils are unaccun]P£iiiied, it]dLpcndtnt and catry everythiiig they neeil in thesr ruck%2ck%. The}r are tesp()nsible Enr their own navigation, campIng, 2nd l()()king after thcmsclve% #nd other mLmbcrs OF the group. Tht Duke of E(h'nl)ur%h'% G()Id,Iward saw 90 of Iht %iKth F()rn] taking rhe (Told award.'I'h&s }Ytrar 22 pupil% achLeved the CJ()Id 'kward, with Iinal LxpeditiOAS takn.ng plac¢ iii Wilrshire, Y Bannau Brychciniog (Eurmerly the Brec(>n Bvac(>ns) and Eryri {formerly Sni)wd()rn The Brecun.%' Ch2ll¢n£e is an adventure race f()r Lower .%ixth pupils in June, encc)mpassing a Iokm njn with 850ni of a%cent. ali 18km mountain bLkL ride. beE()re c()ncludmg with an 8km kai'Ak paddlL. Ff)r a week folli)wing the GCSE exarns, Dauntserfs oEfers 2 seleLti(In of adventure and life-sk% ci)ur8es which pr()vide Fifth Form pupil% with stin]ulattng and pracrical leamjng opp()rwniues' they have pri)v¢d tl) be extremel! popular. The vari<)u% and (liver%e c(iur8e% Include ci)()kery, RLS.% Lileyard training, Ernergency Ftrst Aid and Rescue, adventure activiue.% on the Jurassic Ci)a%t, 'gh.chO)()I and life %kill% deliveted on the J()lie Brise Life Skn"ll% c()ur%e. Q)n successful ci)mpleti()Ji of rhe c(?ur%¢%, ()F which iiic()rporare asse%%ment%, nY pupil% gain recogii%ed ceruFIcat¥.4 and quaiificatii)tLS for thvir lives beyc)nd Dauntsey's. The Devize.s tc) Westminster canoe race 1% an aniiu£il 125-inile endurance race nver thre¢ and a half day% in which Daunt.%ey'. h2.4 been entering teams 8inc¢ 1969. %even paits of Dauntse} s pupils t()()k part in the race at Easter. Sadly, hiktrh water level% meant ()ur crewg Iiad tu end rheir f<)tmal attempt at the eiid i)f da}, l at N'eivl)ury. Having trained f()r rhe longer 100-rnile race, the team repeated the enrire fw8t day% p2ddle i)ti the .%ec<ina da}T and then paddled Irijrn Pewse}' t() Barh on Ea%tet %und2)' mak1.ng IOlniile8 in all; arguAbl}' a t1)uglIer challenge than the ulficial race. The schonl's rall %hip, 41 Xli Ef-iisged piLc)t CLltteL. the Jolii Btyse, i)Ffor% a full pi()girRmme ()f adventuri)us trai1]g t Sea. Jolie B17J'g 15 Categ()ry O ve4sel whicli mtL2118 thar %he can g() aiiywhere in rhe w¢)tld Llt any titne, subject ri) risk a%%e4ginents. .411 pupil
DAUNTSEY'S SCHOOL
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 August 2024
.%pend at lex%t 24 hour% un board Johe Brise either their Fourth Furm or Lower Sixth. If they enj()y thi% experience, rhe} can
join the .alLIng club, whicli ha81)een active for over 50 )Tear4. Mernber% can xign up f()r the vari()u% cmise¥ that 2re on ofEer
each year.
In 2024, a pri)gramme of week-long crui8e% was run thriiughuut the Easter, summer halE tetm and %ummet holidays. Pupi18
joining the¥e cruise.4.4ailed 3r()und the 8outh coa8t i)f En£land, Northern Spain, France And twice cro.%4 the Irish lea ti) %()iithern
Ire]and and back. They aLso ci)mpeted iii the annual Small Tall Ship8 race in the Sulent and were placed I, overall. 45 second
and Third Form smdent% sailed tn the Isle of Wight aiid speni 10 day% campin% and dinghy %ailing. 450 different D2unr4¢y's
tudent% %aded oli J()lie Btiqe in the IA%t 12 months with the .%h()rte%t ttip being 6 h()ur4 and the longest being twn and a half
week%.
School trips
The School %upports a wide variety of educatiiJn21 and sporring trip% ¢hrough(iut the year, 2nd 2023-24 82w a full programme
E &ctivittes.
The %portsng prugramrne wa8 full, with pre-season training tkinK place for rugby, hockey, netball aftd cricket, 28 well a8 2
fi)i)tball t()ur to'lhe Nethcrland% at Easter. a h()ckey llr to The Neihtrlands in the %umEner, th¢ rnuch-antiLlP#ttd ugbY tour
t() P()rtuLkl and a trip fur many %taFI And pupils t() complcte the Pari% half-marathon. I'he Jolie Bp7se A1n enjoyed a full
progrAtnm¢ of crui4e%, and the Luwer SLhc)018lu trip much enjoyed by pupd%.
Thc Schi)i)l uff¢red 2 briydd rangc i)f educAtional irips tu differet)t p]ace% wiihin Eur()pe and bey(Ind, bupporting Geokirphy in
Ictland and fvlori)cco. Hi%tUry, at the Western Priint, Frenih, %p2w.%h dtLd Getmaii trips nd a C128%lCS trip to Hadrian'.% W211.
Community prOgraMe$ partnershÉps and public benefit
'rhe sihool c()ThUnue% t() pr()Inut¥ dLLLssibility tu tlie wsder community by pwtyaing programrnL.% aimed at d¥vtloping pupils.
cunFsdencL. C()mmunicati()ii %lu"Il%, ttrAmw()rk rhc abilitie% nf indisqd7 Ihroiigh %peci8li8ed teaLhing, ci)achinb? and
urL)Ar ni%ed t()unumeni%. Dauntbey's partnerhip pr()Lrramme ib led by the Head OF Partnerships and ha% akTdin %cen %ignifii%nt
gr()wth in Ihc pa%t yelir, with %es%i()ns provided ELItr tn
DAUNTSEY*S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 The anjiual dance 8how was a huge %uccess, with 218ch(>ol.% Anvolved and hundred8 of children takn'ng part. We expanded the evetit tn run over two di}Ts 3% .%(> many 8chuul4 %ign¢d up to be part i)6 it. The Di%ney themed %how was extremdy well attended both nightb, FI.ng the Nlllemorial Hall with parent%, teacher%, and pupil.%. The Jt)he Bntre ptovides life-changing experiences fi)r pupils Fr()m scho()l% and £()mmuniry gri)ups r)ther than Daunt8ey's. The pupJl8 211 patticipate in the Jobe Btyse experience each crew member must %wab the decks, make all ne$ correct, navigate, steer, e()ok, clean and Stow. T.% expetience prfjvides v2ri0u% challenges for young pe(Iple to overcome on both at] individuaL and a team basis. Sub%idi%ed atrattgement% remain in place Eor the u.%e of the swimming pool, the .Part9 hall, the Pavi]ion, 4chool gr(iund.s and other.choOl facilitte% at rate% well bel()w cnrnmercial levels for the Wide community s bentfit. The p(x)l And haiL are u.%ed by variety oElocal club.% 2nd Cletsel. Local pIimary 8cho(>l% acce.%% the xwimming pn()I to achieve the National Curriculum Swim Targets and p£imary schnnl %wim gala%. Resident¥ are Ven the opportunLty tn enjoy the poul facilities with a member.%Ell"P With Lavsngtun Smrytn Club. Devi7e.£ H()ckey Club, Deviz¥8 Netball G.lub, PL)tterne Cricket Club, Urchf()nt C.ricker Club and W()rton and Cheverell baoibAII Club c()ntinue tn acc¢%4 the School f&cilitie% E()r WLekly club trainings and league Lnatclies. Annually, Devi7e% Lion Club acce88 the school f2cilitie.% for their Succebsful Ilig %p()rt.% Coachinx Weekend and the %ihuo)I have welcomed The Warrii)r Academy and 121 Hockey to coniinue the growth in pri)vi(hng f2cihues t<) the wider communLty. Wiltshire Cricket 2nd Wiltshire Hnckey u%e the schn()1'8 Eacikntses f()r seve1 cr)achin% se%%kons 2nd t(Trurnameftts. C()aching CL)Ut%e% arL run in the %porL% hall. and the ()utdo()r nets and pitLh lacditie% are u8ed tu c(iach ac2derny player8. All the facditie% are provided at a small chdrge t() Wiltshire Cricket and Wilt.%hire Hockey. Durinx the School year, Dauntsefs welc()mvb th"%tinguishtd 8pvaker8. cnverinx a wjde range of tnpics, ab part of its fvILfLLf8' Iecture pri)grnmmc. The%e are Eree, ()ptn t() the.%ch()(Il ci)mmunity and getiLral pul)IiL and are WLII artended. Speaker.% durin the ye£2r iiicludcd PruFe%%()r Ki)bcti WJn.%tun, Pip Harc. TonLt%z SLliaferrJakcr, Clare Balding 2nd (Jeull w1"t¢. D2unt8ty'.s i% pruud to prnm¢)tC Il% pattnthhip% with l()Ldl maiAtaii)ed sihn()Ib tegardinLF mcntAI health and welll)cin&.. The %chn()l LJift¢a TJavit]gton .%chool the Teen I'ip.% Wellbeinx Hllb,. 'I'he M¢ntral Health 2nd Wellbeing Ci)i)rdinatnr &l.%o pr()vide. Frcc trAininbF, re.%i)urcc% an(i mutual %upp()rr a.% P¢irt L)f i)ur partntr%hip pr()gramme. In the F'4a%ter hi)iJday, Fhe.sch()ul %ite and l)r)ardink, lacth"tie% wcre cJnLe abTraiti ii%cd Free uf chargt by appmximately 60 piipÈls and sralf Ir()m "n% %nl()m()n's Academy in b)nd(io to mn a rhrtt-day GCIE revi%i(In ctttnp. The prijvision uf bursaric.% is dvt%iled in 'AchiLVtmvnts and PcrEl)rrnaie lor the Ycar. under the subsccrir)n '()peratt()nal PerF()rinancc' ()n page 7. Environmental projects & energy reporting Dxunt5ey's hab a g()ud track record of invebung in bust2inabl¥ Project to reduce it5 carbi)n lootprint and the G()vern()rb ate keen ti) 8uppr)rr Further investmtnr aL'%ikrned t() reduce rhc schuul's envir(Inmental impact. At the main ¥chool %ite. nr)w Six ph()i()voltaLC Array5 export ¢,IL'crricity to the n2unn81 thereby reducing the school's (Jwn dernands. In thc iN.lannr House. there 1% a biL)rna8% boder %y%tem which prc)vides h()t water and hcatin% Recycling (IE paper, cardb()ard and nther cunsumable.% 1% well-estAI)b"4hed. Food wa%te ]% taken t() a ne31by bivnia88 Fuel dep()r thu% reducing wa%te %vnt ti) land flll. Incandescent hglir bulb% are bem% L'placed with energsr Saving LED h"ghting; Pas%ivL infra-red lighring ha% been inst2ll¢d in v8ri()U4 buJldm£s. The scho()I haF Fnur srandbi, puwet generat()r% which mean.% thar it can uperatt ind¢pendend}T OF the nari()n%l grid .Ehould Ihere ever be i major power cut. The multi-funcuunal p2vllion ig heated b}, ground Source heat piimp techftology. The Scho(>l has al%() completed a review of At.% plans t() m()ve to a Aet-carbon-zero PQ%itiun in hne wirh Gc)vernment reqLiiretnents-. Thi.% has iAv()Ived detailed consultancy wnrk to revivw the e%tare, ir.% current c2rb()n footprint and RU91n8bl1Ity plan%, and a new.%crategy 2nd Fet ()f plan% 18 in development. .seekJ"ng to inv()Iv¢ 8rafE, pupd.E and Govern(>r%. Dauntsey's is obliged to comply with the srarur()ry iepuning requirernet]ts ()F the CArb()A and Ener£y Reporting Re1[all0n%. The iAEormauun beli)Iv 1% sed ()n the amount vf g2%. oil. electricitlT atid Euel consumed b}, Ihe %cho()I during the vear. This was converted ti) kdowatt hiiurs u%in¥ the iveb.%ite h rbvn-cal .uk, which use.% ci)nver%ion Eactc)r. pTh)vided by DEF[ part ()F it.% Eiivir()nrnenr91 Rep(>rtiAg Giiidehne%. 13
DAUNTSEY?S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 Augusi 2024 2024 2023 Ulc energ). use 5,351,924 5,481,283 Use i)f gLs, i)il, electriciry at]d fuel A%4()ciated £reenh()u8e gA% emis%ion4 onne% C()2 ¢ uivalent Inten%iryT rati{} onne% OF C()2 emitted School ehariry 779 798 0.91 0.91 er il 857 2023..868 At the benning <)E each academic ye, rhe entire scho()I c()mmunity of pupils and %taEf v(Itts to select a charity E()1 the remaindeL of rhe year, with iiatinn21 and intern3ti()nal charities being COndered ()n 21temate years. A dedicated charity con]mittee leon%i%ting of elected pupil repre%erttatives Erom each Hou%el and %taff then 62cikntAte the nurnerou% acti8rytse% that take place rhrousyhout the year in order to rai8¢ Eunds Fnr the chosen charity. During the12Nt year, rhe %chui)I chose to support Guid¢ Dng%, whoqe vi%i()n 1% to help people with %ight lu%$ ]ive the E¢ they chno%e. .Specific%lly, our target tu raise mure than £IO.000 t() enable a Guide DUL. pupp}T ti) be raised and traifted, and rhe fal figure we achkeved a% a %chonl wa% £11,746.44. In aaditinn. the %chL)ol has suppi)rted th¢ Nightingales Prriject in R()maniA, a tran8form2tive work which has ho%ted vi%it.8 Etom the schot)I for geveral years. In the p%st ye2r £9,792.23 wab raised f()t the centre. Development office and fundraising During the year, the 8ch()(Il's D¢velopment Offli¢ raised £72,238. The ()Ifice undertakLs Fundrai%ing activities with fnmier pupd% and friends (If the %iho(>l via email, dsrect mail. telephvne contact and a variety () evenLs. 'Ihe cL)d¥ of c()ndiict E()r the datab2%e managemcnt and Eundr'Aising activitie% ensures.. No) cnntact details are rclta%ed withvut permi%%iL)A. (.(Intact 1% unly m?dc t() those whr) have expreb%ed an intere%t in our activitiLS. We do not engage in c()Id calling. ()r telephon¢ ¢#mpaign%, perrDis%inn is alway% %i)ught that indiffaual$ 2rc Iiappy tL) rective a call Individual% that d() nt wish tLI ¥eLLlVt crimmunicaur)n 2re placed on a 'di) niit rnail, lis1. No i)ne Eeel4 pressurised tu %uppatt ()ur wurk. ,ill i)ut dLtivii£cs are i)p¢n, fair 2t)d legal. All Eurtdr2i8ing activities Enr thL Schi)ul are carriLd ()ut by ()ut %rAfE with d%si%t8ncc fr()m parent% and pupd% Fi)r bpccific Eundrai%ing events. 'I'he School di)L4 tt use prnfe88i(Iiial fi]ndrScrI. EundrAi%Eng activiut% are managed b), the Development rLam and ni()ntfi)rcd by the %ch(>()I'% %Lni()r IJeadLrqhip'l'earn. The sih()nl aims t() tf¥2t all donorb Fairly. %taff have rtgulxr ttaiiiing esSiOn to monitor and revyew ()perating procedures. Th¢re have been no complaint4 about our fUnar1ng acuviues. FINANCIAL REVtEW AND RESULTS FOR THE YEAR Net income The %chonl's net inc()min£ resources {)( £872,508 (2023.. Net surplus <)f £l,118.613) reAcct8 2nothet 4atisf2ct()ry financial perFnrmance. rhe net surplus includes donatiiin8 and unrea]ised gains 1)f£340.813 (2023."£733,4891. Tlie sUlUS wa8 the result i)F.4ust)ined pupiL nuTnber%, incluth.ng buardin£ c)perating close to cap2CltI', the conunued growth OF the Eucces%ful parmer%hip for summer lets and a clear focus on c2reful managemL'nt uf cu%t% duting Ihe year Fee inc()me generated during the yeai all()wed the 4chuol to inve8t in the reEurbi8hment and upgrathng uf parts of the Ctate. During the year the CBILS Ivan wa% repaid in Full leawng the Scho()I debt free. The %i£nkficant wc)rks carried out during the ye£lr were as fi)Ilows". ReburEacing 2nd moderni8atioA c)E the tennis/Eietball court%. Thig hab additi()nally allowed the 8chool to incrLaFe the floodhghting provi%ion ()n thuse c()urts, bring all ()E them into use alter dark. during the winttr. Creation ()f a fo)()tpath down the 8ide of the swinuning p(iol to iiicrease pedestrian safery during the morning and evening bu.% txanspnrt periodq. Full refuibi%hmenr of the Sixth Fi)rm comfftun rc)orn - The 17 Club, Cr¢atiL)n fif a new NL lu%ic Tech clas%ri)om within rhe music deparrment. In%tallation of a new lac Nuite in Art / phi)t()graphs, department to support increased GCSE and A Level Exten%ive r()oFiiigy w()rks ti) the Art Departtnent, Engisgh Dep&2rtment, iN,lemorial Hall ri)(>F and DT 14
DAUNTSEY'S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 Wotkq and improvementg to the dining hall and kitchetL%, iiicluditig a fLdl reFurbishment (If the diniiig r()()m tlonr Completion (If the heating / hi)t water prnject for Jeanne House along wi¢h other bi)der replacement4 around the Schuol Further upgrades of the IT infra%ttucture aN)und the schr)ol, both io support the &gital devic¢% pr(>Eramme and to improve existinx %erYice.%. Investtnent powets The Gi)v¢mors' invegtment pow¢r4 are governed by the Memorandum i)f Ass(Iciatinn. The sch(yJl'b investnnt Eund% are held in rh¢ Charitieg ()EFicial It]ve%trnent Fund (C()Ifj as w)v¢rnea by the %chrJ(Il's inve.%rment pokncy. The 4ch(>ol ch()ne% to it]ves¢ itb limited te%ource% in ri%k averse inve%tment%. The inve%tment8 are held COIF Charitie% Investment Funds as th¢ producL% and Services have a strang long-term performnce record, are fairly priced and #re managcd re4pon.1bIy. The 8ch<)ol h()Id% two Eorm% of re8trieted funds. The C()IF charitie% inve%iment fund income units provide a Inng tenn total rctum cumprL%ing gr()wth in capital and inc()me - tht school teLVe1 a gi)()d level of di%tributi()n% and long- term protcciion Fr(Im intlati()n. Tho C()IF chdfitte% depi)sit fund unLt% pr()wdL a high level ()f LapAtaL %¢curity and competitive r2re% of int¢re%t. IA Febmary 2020 a new unre%tricred investment Fund was established to enable Some free reserves t() CCEJmulate" it L8 planned to increa%e thetse % available Fund.% allow. the year. the ()Id Dauntseiang, Association Bursaty Fund wa% wound up ana ttn%Eerred its remaIniAg asset8 t(} the School trj be used ro %uppott bur42rie% at the 8ch(K)l. 'or year endtnk 31 ilugust 2024, inter¥st and dividLnds received t()talled £164 lJ34 (2023". £58,785) with unrea]i%ed xAins nf £216.575 lunre41hsed 2023.. £84). Employment policy I'he sch()()l 1$ 2 cnmtnitted equal ()pi)i)rtunitieN empli)yer and takc% every PLi%%ible %tep t() en%ure that eTnpl()yees arL trcaii.d equ&2lly 2nd Fairly. All pohaes and i)racrices conFI)rTn with the i)rinciple i)f ¢4Udl upp()rtunitiLS in terms oFrecruttmen¢.%Llcctic)n, trainitig. pramotEun, career dLvclripment, discipbne, rLdundancy and disnY%%al. If a ptlson 1% d15abled, ()r bcc()m¢% disabled in the c()urst nf thejr empl()ymLnt. they are encourageLI to tell tht %chnul abi)ut their io)nditi()ii. 'I'his ci)2hles the 4cho()I ti) %upp()rt the p¢r%un as much 2% pns%il)le and t(} en%uti that tl)cy 'hre nut treated le%$ fxvuurably beciu%c ()F 8nmethiiibTr related tu rhLir di%ability. "I'he persi)n may al%() Msh t() advi%L thc %chn()I (Jf any rea8()si2blL %dju%tments- t() thLir w()rkin&y cLinditi()n% i)r thc durie% OF thetr j()b wknch thcy ion%ider to be nec¢%%ary, or which would them in thL pcrfr)m)ance of their duties. Emplnyee% are con%iilted ar 211 Icvel% 8L) that their wcw$ 2re c(?n4idered whcn dcci%ion8 are being taketi th2t arc hkely tu aEEect thcir inrere%l5. r.mpl()yee% are regularly kept inl()rtned ()E rhc financial perE()rm2ncL ()f the school, a.% well ()thcr matter% ol concern to ther thri)u£h variou% mean¥ nf communicauon, btieffftg* 2nd meetings. Reserves policy Ar rhe Vear-cnd Daunrsey'% Sch()()I had total Funds 1)f £23.924,452. ()E the t()t21 funds, £1,653,272 is repre4ented l)1 endo)wEnent Eund% and ib held in investments and £126,275 18 represented by a re.%tricted fund. Tliis leaves an unre%tricted fund ba12nce ()E £22,144,905, of which £20,600,072 1% represented i]Izinly Erorn the investment the Ech()ol has made ()vet the )Tears in rhe inltastructure of the %ch()(>l and it.% E%cth"ttes. The remaining, £1,544.833 is represented by an unrestricted re.%erv¢ which w2% set up 2020. It is planned, that whLn there are Eund% availabl¢. to continue builthng unrestricted reserve. The lack c)E substantial ftte re%eDre%, in cummon wirh many uther indepeJid¢Jir sch()()1.s, require that th¢ day ro dav operati(In i)f the sch()()l are maiiaged closely. ¥Ioiithiy exp¢ndirure and cash tli)w% are rhereF<)re moiiitoted, t()gether ivith th¥ wi)rlu"ng cqpital needs ()f th¢ bu%ine88. This 1% terriewed by rhe Governi)r8 via the bi-termly Fin2nce & General PuLP()%es cummitiee meetings and termi} Full Bvatd meeting.4. The Govemors 2r¢ ci)ntent that the curret]t ca%h flows are 8ufficient t() ()perate rhe chf)()l and c()nunue to achieve it% current strateC aims and ()bjectiveN. Risk management The Gi)v¢rAL)rs maintain a %tIate¢ i)v¢rriew i)f the key risk% which tht sch()()l Faces. A riFk re¥%ter 1% mgintained tu identify and trn¢k risk against likeh1)i)d alid in]pact. Contri)1s and n]()nit()ring measurv% are b%ted alc)n£8ide each ideiiufied 15
DAUNTSEY'S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 tisk. Individual are allocated rn owner8 within the executive. tlie}T are hnked by %ubiect for r()utine review by G()vernor at all cnnIttee ai)d FL]11 BoArd meeung.%. The regi%r¢r is updated foll(>wing each committee rneeting. ()ver%ight OF tlie riqk mgnagement ptocebs Itself 1% delegated to the Audit and k C()mmittee. The key controls used by the charity include.. Detailed term% uf reference For all Committ¢e4 F(>rm21 agtndas and minutes for all C<)mmittee 2nd Board activity C()mprehenqive 4traiegkc planning, budgeting and management accounting Establi%hea organisauonal 8tructure8 and line nf repnrting Forrnal wtLtten policies Clear 2Uthoriati()n and appri)val level "gurou% Nafe&Futirding pri)cedu¥e% A %pecific Committee review% and manage% comphance, Safeguarding and govemance. The risk rLgL%ter identifies the strategic ri%Ks ta the 8ucce%sful operation OE the chatity. ()f these, the key tisk.8 tc) the bu%ifte8s, ab •t thL date ()[ %iBninLT thL account%, Are idcntified a$.. Failure in colllpliance and safeguarding. T$ ri8k is over%een by the GavertvAnce, Comp]ianct and SaEeguardinL (.i)rrJmittee. The is a Desixnated .%2EeguardirJb l£ad (D%L) within the %cni()r EllAnaLeCnt Team UPPfJfted by a CT()verii()r with specific %JFebwdrding re%p()n.%Abilitie%. ThL DSL is %upporrLd by a (Jf wcll-trained Depiity DSI.%. All .%tafE are trdined in the ifftpurtttnce ()f %2feguarding and h()w tu reporr any ci)nLern%. Thi% ig uppi)rted by d well-dLvcl()ped %uJte of procedure.% focu%sLd i)n %aE¢&yuarding tneasure% ti)gethLr with .%everal bcsp()ke to(Ils tu facib.tate easy tcpi)rtiii¥ i)F any cnncern%. All staff are %ubject tn ¥ig()ri)u% pre-¥mploymeiit cheiks. Con]phanLe C)Ffictr 18 t2%ked with pr()viding a%%ur2nce ()E re%ulato>ry ci)mpliaJice. The %chiiol Ut1e5 ind¢ptndent sptcialist adwce ts) aS%i%t in pri)Kdin% a$8ur2nce ()f th¢ efficacy i)f %aleKJu*r(ling and c()rnpliancc pr()trJci)1.4. Fee affordability and pupil numbers. Wl)ilst current pupil numbLrs are i.htrL 18 a clear risk that rhe hr()2& der eclinomic tnvirc)ntntnt facing Indepenaeni %ch()i)l% IA partlLLilsr will adver%¢ly aFEccr tlie abilLty of ¢urrtnt and pro%pectsve parcnt% t() Eund the cost i)f eduiating their clllldren ai the %ch()ul. The imp()%lts()n uf VAT i)n indtpcndcnt.%choul lee% in J2nuary 2025 mcans tliat the Fee% paid by parent.% will ri%e. with the abbociatLd n%k VF frdlling pupil nLimber%. The Impact ()F bi)th Lo)st incrcase% (below) Ihat nece%%itrate Fec riSL8 2nd VAT on th()SL fee% cuula wcll ledd tu a dccrca%e it] pupjl numliers i)ver the medium term. The %ch(i()I n]()nitor% thc Icvel nE Futur¥ pupil rLtratIOn 2nd ha% t2kcn %tep% tiJ reducc its 1)petatinLy cri%ts it] preparation fi)r %uch an ¢vcnrualiry. In dd(lJtic)n. the %choL)I J. t¢wing rhc ()Efer availAblt at different entry pnitits and 14 incrcasiiig it% marketlng 22id admi%.4ion% rcach b()th luLally aiid intemaririnal market.E. Cost infiation. The sch()ol 1% and could l)c furtliet %Efecicd by %igwFicant increa%L% In Its co%t-li&%e which cuuld, ruin. force it to ittctca%e it4 fee% tn cover thci%e #ddiiint)al co%t%. In Ihc shi)rt tni this c()uld be due to inflationary prLssufL% certain carLgi)ries ()F expendirure such Ali entY rjr E()od c()bts. Iii thL neat term, thc rLnii)vaL of bu%ine85 tate% reliL.f. the itnpo%iti()n i)E Vil'f un Fe¢8 (a% ab()ve) and 2n increa%e in empl(iy¢r N2ti()nal JTh%ur2nce c(Iiitributions aye nnw cLrta and budgctLd lor but further iAcrease% in rhL Cl)ntributii>n r3r¢8 t() fund the pension deficit in the Schi)()I'% pensi(In 5ch¢TnL% ar¢ expected. 13udget8 Ei)r the nexr fin2nctsl yedr m2ke 8ULtable prvvision for thL%L increase4 but th¢ Ii)tyr.tetm cr)4t p()%iui)n will in¢vit2bl}' put pre%%ure i)n the %chi)ol ¢0 increaFe lee.4, and ri%k making the ()fFer le%.% aEEordable. The %chool will actively corn%ider .Etep% ¢0 addre%% these ri%ks and rrlltigate their irnpact A% rhcy 2ri%e. Quality of teachingy pastoral care and facilities. Thi% risk is mitigared by rnaintainiftg investment in high qualiry staff 2nd the provisic)n i)f a cumprehen%ive pa%tural care sy%teni. C()nrinued InVetlent in rhe e.%Lqte m t¢rm8 oFnew facibties 2nd pre-planned maintenance prngramrnes en%ure rhat Eacilitie% remain ar a high standard. The school inYe%t% in training pri)graTnme% to enhance and impmve the teachin£ and leaniing deuvered by the academic.4taEF. Inadequate financial planning and colltro]s. Thi8 risk is managed through a compreheiisive %uite of measures including bi-termly meetings, IF nece%sary. OE the Finance and General Purpo.%es Cummitree and clear financial approval prc)ce8%es. Clear and accurate fi)Lecasung OE buager8 and cash fliJw% are prepared fur and examined at each meeting with detailed .4crutiny c)E budget variau()n8. Nlvnthly management account% are also prepaxed with vatiances v¥rNu8 budget being reviewed b}T management. Financial Ic)recasts are updated at regular interva18 rhr()u£hiiut the year t() identify 4igniFicant aeviarions ver%u% budLFet. IT security breach. The rIk OE A cvber-breach leading to the loss ()E criucgl data, the publJcati()n OF c(Infidenti£l1 iiiF()rmari()n i)r the fraudulent diver.4ion OF p2Yrnents tu nr f¥()m the %chuc)I could be veri, d)manE. To manage thl's Ki.4k, the Sch(K)l ttcuvely review% And Lipgrades its rr %ecurity measure%, c()ndiictg IAt¢mal and externxl Penetration te%un£ and bi)th pr()mote8 gwareii¢s5 OF and tr2L ining abi)ut these cyber-ri8k% t() it% staff lind pupil%. It aL%o arries PeCiFiC insurance t(} mitigate some of the ri%k of a cyber-attack or data In. 16
DAUNfsEY'S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 ()ver8i£ht of the risk management proce8% 18 vested in the Audit & .k Committee whj'ch conduct4 a det2iled annual review to cnnfim] the rtlevance of risk8 identified witknn the .%trategic l.k reter. In adLlitsi)n, the Governing Body ci)nauct% a 'new (>r emerging r]k%, 4can each year which feeds idenufied ti%k% inta rhe Committee 8tructure for further review and matt&igemtnt. The aniiL]al review proce%5 rtv2lidates the re.%pon%ibihtie8 a58gned to commsttees of the goveming body Flir oversight (>f individual ri%k%. By constant reference t() the iisk reter at ev¢r5' governance level, the GovemL)r.% can prnvide 2s5urance that the key ri%k% are identified, miugated and appropriately monitored. GOVERNORS, RESPONSIBILITIES The Governors are resp()n8ible F()r preparing the Gnverni)r8' Repc)rr 2nd the Iinanci21 statemenrs in accordance with 2pplicable law 2nd regulation%. Company IAW require% the Governors to prepare fmancial 8tatemeiits for each financial year. Under th&r law the Governors have elected to prepare the fAnanaAI 8tatement8 in accordance ryth Unired "n)d<)rn Generally Accepted Accounting Practice (United kn"ngdi)rn Accounting Standard% and applicable law). Under ci)mpany law the G(Ivernors must not appr()ve the Fjnancial sr2tLment% L)nles% they arL.%ati8fied rhat they yve a true 2nd fair view ()f the state af aEfair% of the charitable company and group, and of the result of the charirable company and grnup fi)r thdt yexr. In preparing the8e [nCial.t4CerneAr, the G()vern()r8 &re required ti).. Select.sutiablL' aciounting p()hcie% and then lipply them consistently. Ob%ervc thc prit]ciple8 Ill the ChAritie% %tatement uf Rec()mmended Pracuce (SC)RP). dke judgment% aiid 2ccountinkJ e%t1[rte. that are reasonable and prudcnt. %tat¥ whether applical)le acci>untiii% %tandard% h%ve been Eiillowed, subject to any material departure di%cl()%Ld and cxp12ined In the financial sr2rement%'. PreparL tht finxnci21 %trat¥ment% i)ti d)L iuncetn ba%18 unles% it 1% inappr()priate t(} prtsume that the ch.Aritable company will continue in bu%ines8. The Guvenior% are rc%pr)nsible Eor keeping adequatt accr)unting recrJrd8 rhat are suFficient t() sh()w and explain the charitable (Inipany and grnLiP s rransactionb ancl di%cln%c wirh r¢as()nable accuracy 2t Rny time the Iinancial pr)siri()n i)F the charitable c()mpany And gr()up And enAble them t() ensure thar the financial %tattmcnt% ci)niply with the (-()mpAnics Aci 2006. They are Al%u re%p(Iti%tihlc fnr sAEeATruarding the a%%Lt% i)f the chAfitrdble c()mp2ny 2nd LFriJup aJiLI liencL fi)r t2kinL¥ rv.d%unable %tep% fi)r Ihe preveJiti()n atid detectivn uf fraud atid rjthtr irreLnJlarLtte. far c2ch (IF the Guvem()rs 1.% awarc ar i.he tiTne the rep(Irt 1$ 2pproved there 1% n() relev2nt audit inforn]atioii ()E which rhe chariiahlL c(>mpany and gr()up'8 auditors are unaware. 2nd the GfJvern()r8 IvL r2kcn 311 Step4 that their ()u%ht t() h2ve taken tu make them%¥lve% aware of any relevant audit mf()rmation and t() e.4tabhsh that rhe auditor% are aware i)f that informati()n_ DtrectoEN duties under Section 172(1) i)f the Compxnies Act requires rhat 3 director ()f a company act in the way they coo%ider, ill gri()d f21th, wo)uld be n]i)st hkely tn promtstv the succe%.4 nf the company Fnr the benefit of its members as a whole and in doing.%u have regard [()'. The likely CO$eqUenCeS OF any decisiun in the long term. The interests of the COEnpany'b employees. The need rf) Eo%ter the c()mpanfs bu%inebS relati1)ns.p8 wilh 4upplierb, parentb, the c()mmunity and other%. The impact of the c<)mpany'5 (Iperati()ns on the cominuntty and the environment. The de.%irability i)E the company rnaintaining a reputktiL)L] for high Srandards OF business cunduct. The need to act fairly between mernber% OF the CVTnpan}'. The Govern()r% have iegard tu the .%chi)()I's employees, intete%ts 2nd has a de%ibmated Gi)verii()r availablv tf) all btafE f()r any is%ue% they n]a}, have. Tlu's G(>vernf)t visits the schoL)I regularl> and rneers with buth academic 2nd %upport %tafE. I'he GOVernCe, Complifilice and %2feguarding comtnittee are tnade aware OF any emplo}Tee at their temdir meetings. These re reportea ts) the Full Board. G()vernois hxve regard t() the need ti) Ei)bter the ci)mpany'b bubineb5 rdati(Jn.%hip with it.s supplLer8. Governor% review the biannual 'pkyment practices, report.4 and are conieni th2t supplier% are paid on or before the invoice% are due. Guverniir% have regard tu the need til Fi)ster the re141tionshLP With the p3Yent% ()f the piipils in the 8chi)ol. As the} ate tlie majoi custi)m¢rN OE the %chool. Gnvernvr% regni12rl}T 2tt¢nd sch(i(>l events wh¢re the}p are able to meet ivith rhe parent% ()Fthe 4chc)()l. 17
DAUNTSEY'S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 G()vetni)ts have reK**rd t() tht impact <)F Ihe schi)nl'.% ()peratii)ns on the cnminuniry. The Gi)vemor% teview the p%rtner%hip activitie8 undett2ken by the .sch(>ol in rhe l()cal c<)mrnunity 21ong with ()ther communiry ijf the ch(l01,S facitie%. Nlember% of thL Gc)verning Bnd> and memberq 11( rl)e %chnol's %eninr Leader%hip Team alsn mett wilh Ihe West LAvingFt()n Patiili Cauncll. AUDITORS The 4chool'.% extemal audit()rs appi)inted fc)r the year ended 31 AU8t 2024 ale Haysmac LLP. The Govern()ts' Report incorpur%ung the Strate%ric Repott Wa% signed by order OF tlie Gi)vernors on.. 5 Decembet 2024 V P Nield R F. Cliff<)rd air of Governors Govemor 18
DAUNTSEY'S SCHOOL
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 August 2024
Opinion
We have audited the financial statements of Diuntsey'% %chool for the year tnded 31 Au£u8t 2024 wlll.ch cornprise the
Con%()hdated %tatemenr ()f FinAncial Activitie.. th¢ Con4okndated and Charity Balance Sheet4, the ConsolEdated Ca%h Flow
StAtement 2nd n(Ite4 t() the financial gtatements, including a.%ummary OE %igiiificanr accounring pc)bcieN. The finattci81 repurtlng
framewurk th2t has been apphea in their preparau(Jn 1% appcab]e law and United Kingdom Acci)uAting %tand2rd4, including
Financial Reporting %tand2rd 102 The FinoiisYAI Reportirtg Sti7KHÉ31YI uppkr4bl¢ iii the UK RepbIle ollre/¢7rtd (United ngdoM
Generally Accepted Accounung Practice).
In our npinion, th¢ Financial 8tatement%".
ve a ttue and fair view of the state ()f the g¥oup % and i)f the parent charitable cnmpany'b affairg a8 at 31 August 2024
and lif the %rnup's and parent Charitable compan)'.4 net movement in nd%, includinii the incnme at]d expendirure,
for rhe yeAr then ended.
have been properly prepared in accordance wirh United Kingd()m Generally Accepted AcenL]nting Pracuce. 2nd
have been prepared m accordance with the requirements of the Companies Act 2006.
Ba$is for opinion
We cnnducted our audit in acc()rdancc Int¢rnati()nal Standar(Ls (>n AuditinL' (UK) (UKII and appliilible Idw. ()ur
re8P()r2%il)ilities under rhii%L 8r2nd21ds are further describLd itt rhL Autht()t'& re%p()nsihiliric% fc)t the audit ul the financial
tatemeTJt%.%ectL()n i)f (iur rcport. We are mdependent of thc £roup in aiiordance with thc cthical re4uirernent% that are relevant
tu ()ur audit OF thL finaniial btatement8 in the UK, 1niludinY the FRC'% Ethical %t2nd2ra, and we liave fulfdled ()ur othLt ¢ihicdl
respi)n%ibilLtse% ill accritdance with the.%e tequirernent.4. We bcliLve thdt the audit evidLnct we have ubtatned 1% %ufficiLnt 2nd
appr()priate t() prr)vide a bli%L% f()r ()ur ()pit]i()Ji.
Conclusions relattng to going concern
In audirinLk the Iinancial %tatemtnts, wc havL LI)nLluiled that the tru%tces' ILSL ()[ the k70ing concem l)asis nl acc(iuntingTr in the
preparation UF the Iinaiiciai %r2lements' is lippropriate.
Ba.%ed on the w()rk IVL havt perEr)rmed, we hdve ii(It identified an}T l)Llt¢rial UAcert2iiitie.% rc1ailnL t() event%. c()nditi()n.% th2r,
Andimdually or c()llccrively, Tnay cA%t si¥nilicant d()ubt nn the Liruup'N abilLty ti) ci)ntinuc as a kpuing cuncem f()r a pcrii)d of At
lea%t twelve in()nrhs fi'om wheii the Iinana&il statement% are hUtbo>ri%eLI E()r i%%uL.
()ur rc8p()nsibilitie.4 atLd the rl.p1)n411)1tIc% nf the trustees with respLct to £nin£ c(Jniern are de%cribcd in rhe rLlevant %ecUon8
i)f thi% rcprjrt.
Other information
The tru%tee% are re%ponEible For the i)ther informatic)n. The other Inf()mution compti%e4 the infnrmatii)n included In the
G()v¢rn(Irs' Annual Rep()rt. ()ur npintiin ()n the Financial tatement.$ does nnt c()ver the other mfrTrnnarir)n ana, except to the
extenc othenvi%e exphcitly stated in our rep(irt, we do not expr¢s% any E()rm ()f a4%urance conclusion rhereoft.
In cr)nnectii)t] with c)ur au(lit i)f the fiiiancE21 statement%. our respon%ibJlJ"ty is to lead the other infi)rmation and, In d()ing s(I,
consider whether rhe i)ther inF()rn]atii)n is m2teri211y inconsi%t¢nt i¥ith rhe fanCIal 8ratement4 or our kn()IV1¢dLe ribtained in
the auth"t i)r ()rherwibe appear8 to be m2teri2lly misstAted. 11 we EdentsfjT 4uch material ijiconFi8tenae% i)r apparenr material
mis%tatemenr.%, we are rt4Uited tn determine whether there ]% a nThterial miq%tatement in the financ1214tarements or a material
missratement uf the i)ther inftsrmati()n. IF, baed i)n Ihe work we have perFurn]ed, we c(Jnclude that there IE 2 material
misstatement uf this orher inF()rmati(>n, we are required t() report that fact. Ixle have n()tM'ng to rep
DAUNTSEYS SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 Matiers on which we are required to report by exception In the light of the kniiwledge and understanding of rhe group and the par¢nr charir2ble compan}T %nd it8 envir<)nment (Ibtained it] the c()urse i)F the audir, we hve n(>r id¢ntified m2teEial mi.4statement% In the Governor%, Annual RepoLt (wliich Inci)rp()rAte8 the %trAtegic rep()rt And the Lb'rect()r rtp()rt). We have nothing to report in respect af the fiillowing matrers in relation t() wCh the Cnmpanie.% Act 2006 require.% us to report to you if, in ()ur opini()n'. adequate accounting records have n()t been kept by the charitAble cump2ny' or the chAritable cnmpany financial statements are not in agreement witli the accountin£ record% and returns. or certath di%Llo%ue.% of ttuscees, rtrnuner2tion specified by law are not made. or we have nnt received all the inF()Lmation and explanauonq we require for our audit. Responsibilities of trustees for the financial statements .Is expl%itted m<)re fully in the trustees, re8p()nsibiknttes bt%temenr (%et (jut on page 17), the trustLe% (who are al80 the directo ¢)f th¢ chAritable c(Impany f()r the purp(14e% of cornpdny Idw) dre re%p()nsil)le fnr thc preparation ()f the financial %tatemenr% and fnr being .%Ati%li¢LI that ¢hei' £ive 2 truc and fair vieiv, diid fi)L such iotemal control a% the tru%tec8 determine i% necessary to enable the prepdratiun of financial sratCrnLnt% that are Eree from material mi%%iatement, wh¢thcr due to fraud i)r err()r. In preparing the financial btatements, the rrusttts are re%pnn%ible for a.%%e%sinx the group's xnd the parent charitable compan$ abth.ty to cijntinue a% d iiicern, di%cl()sing. as api)ii£able, m%tter% relAt¢d tl) kTruinx io)ncern 2nd usitig the g()in% ci)iicem basis i)f accoutiting uiile%% the tru%tee% either intend tri ILquidate the gr()up or the parerkt Lharitable company ar to cease operati(iii%, ()r have no r¢alistii altemotivt but ti) do %0. Auditoes responsibilities for the audit of the financial statements l)ut nbicctives arc r() obt2iii reasonable a%%uraiice abr)ut whether thc finatici21 statements- a whole are Free frr)m matcriaL Inibbtatement, wlivtlict duc trj Fraud or erri)r. and ttj issue an 'kudit(>t's tLP<)M rhar includc% our opini()n. Kel& bunable abburancr 14 li hiL.h level lif fts%urancc. hut 1% ii()t a guaraiitee thdt lin audit c()nducicd in accnrdancL With I%il% (UK) wlll aLWA deteci a Inkterial n]i%tstrAternent when it exi%1%. Mi$8t2terneJit% cali 2ti%e from frdud or ern)r 2nd are cnn8idLfLd matLrial IE, inLbvidually or in the Yhcy cnuld rL28()n2bly be expected to influence the tcnniimic dcci8ii)n% ()f utsers taken ()n the ba%1% (>f these IancIal statement%. Irrcgularities. including Eraud, are in.%tance4 o)f non-c<imphance with law8 and regulattons. We procedures in line with r)ur rcspnn.%il)ilitiL%. i)utliiied abnve, tn detect tnarial mis%tarcmLnts in re%pLct ()f irregularities, includinky Fraud. The extenr to wkn.ch i)ut procedures are c2p2lile c)f detecting irregulaiitie%, iiicludin% Eraud detaded below.. Based on our understanding nf the charity and the enviri)nment in which it oper2te.%, we identified that the principal risks of non<()rnph"ance with law4 and reylation% rehted to the independent 8chonl regulAtLon%, %afegu2rding regulatinns. health and saFety requireLnents, GDPR, emplr)ym¢nr law and charity laiv and we consid¢red the exicnr tn which non-ci)rnphance might have a material effect vn the Financial sr2rement%. We als() conbidered those laws xnd regularion% that have a direct th]pact on the pteparatiiin c)f the fmancial statement% 8uch aF the Charities Act 20112nd Comp2nie% Act 2006 2nd Cnlder uthei lactor such as payroll tax. Ive evaluated rnanagernent's incentive5 ()ppnrtuniue8 fnr frauduleni manipu12tion i)f the Iinancial sfatementb (including rhe risk nf nverride Lif cL)ntrol%), and determined that the prinapal risks were related to the imprnper reco£nits()n of revenut and management bla in accuunting e.%umates. Aiidit procedure8 performed b}, the engement team included.. Inspecring corre8p()ndence ivith iegulat(>r% and tax authorities; Discu10n with managem¢nt including cc)n%ider£2tion of kiiuwn ur Nu%pected in8tance8 ()f non-comphance ivith laws and regulauon and Fraud. Evaluating managemenrf8 control% designgd ti) prevenr and detect irregularities. Rtrriewing uf millutes ol G()vemors' meeungs during the year. IdenriE}ring and te%ting journal.4, in particulat ji)umal entrie% posted at the year end. and Challen1]g &4sumpti()ns ana judgemenr8 made b}r management in their critical acc¢)unring e8umate4. Because i>F the inherent limiNll()ns OE ali audit, there 18 a ri8k rhar we will not detect all irLeguLiritie%, sncludiiig those leading 20
DAUNTSEY'S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 tn a marerial mi88tatement in the ffnancial %tatement% (Ir non-c()mpliance with regulation. Thi% ri%k increase.% the more that compiJAnce w&tli a law i)r regulation is removed from th¢ events and transactioiis reflecred in the financial %tatemenLs, a% we will be le%8 lj.kely to become aware ()f in%tince% of non-ci)mpiJance. The risk 18 al80 greater regarding irtegularille. occuttinL due to fraud rather than ert(>r, 2% fraud involv¢4 ittrentsonal concealmetit, Eorgery, colluqion, ()mi%.4ion or mi8repre4entation. A furrher description ()f nur re8p(>n4ibilitie8 fi)t the audit i)f rhe financial .%tatement8 is located on the Finaiieial Rep(irtin C()uttcil's website at= auditor.4Le8 Thili descripri()n f()rms part of ()ut auditiJt'8 rep()rt. Use of our report This report is made solely to the ch8rit%ble cnmpafty'% members, as a bi)dy, in accordance with Chapter 3 of Part 16 OF the C()mpanie% Act 2006. (jur autht work ha% been undertaken %0 that we might stare t£) rh¢ charitable comp2ny'% memberq tho%e matter8 we are required to %tare to them in in Auditi)r'% repi)rr aiid for no ()ther purp()%e. To the fulle8t extLnt pennitted by law, we di) not accept or a8%ume re8P()n%ibiliry to anyone other than the charirable cump*ny and the charitable c(smpany's member.% 2.% a body, for our audit wurk, for thi% report, ()r for the opinion% we have fnrmed. Kathryn Burti)n (Soniur StrAtuti)ry iluditor r()r and ()ti hLh21f ()f EIAysMA aL LLP Statutrjry Auditr)rs 10 Queen street Place l.o)ndL)n F.("4R IAG 19 December 2024 21
DAUNTSEY?S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES General Restricted Endowment Total Total Funds Funds Funds 2024 2023 Notes INCOME Income from Charitable activities school fees C)ther educati(Inal inc()me Schi)i)18hop% Income from other activiiAes Tradin% comp2nie Investment% Gr*nt% & D()natirins - hIercers' Co. ()¢her 22,828,935 64,638 305,510 22.828.935 21,691,046 64,638 117,640 305,510 344,966 354,991 105,107 2,000 12,909 6,735 354,991 164,934 52,000 72.238 6,735 312,806 58,785 27,000 706,405 59,189 59.827 50,000 35,170 24,159 ()ther Total Ineome 23,680,825 85,170 83,986 23.849,981 23,317,837 EXPENDITURE Expendtture on raising funds Trnding cost Fiun£ltai%inLF dna Development Fthancing chiErge Schi)i)l %li()p 8,229 8,229 43,917 139.668 -158.006 10.0112 65,796 137,324 405,393 139,668 3.58,1106 Expellditure on Charitable Activities %chi)()I i)perating LOSt%". Ttaching Ivelfare l)rctni%t8 %uppo>rt & ly()vcrnance c(i%t Grantb, 2W2tds 211d prize. 11,371,121 3,739,944 4,356,623 2.436,371 4,745 52.839 I1,423,9C)O 3,7_39 (J44 4,383,-Sn7 2,436,371 660,446 11.04(J.6130 3,682,728 4.026.582 2,210.-346 611.377 2().884 629,829 2_5.872 Total Expenditure 22.458.624 709,5.52 2.5.872 23,194,048 22,199.-308 NET INCOME/{EXPENDITURE) befote net gains/(h)sses) on inve5tmellt5 Unre2hsed investment %ain 1,222.201 (624,382) 58,114 655,933 1,118,529 153,827 62,748 21().57.5 84 NET INCOME/(EXPENDITURE) BEFORE TRANSFERS 1,376,028 (624,382) 120,862 872,508 L118,613 Tran%Ferq 15 (704.038) 464,038 240,aoo NET MOVEMENT IN FUNDS 671,990 (160,344) 360,862 872,508 1,118,613 FUNDS BROUGHT FORWARD 21,377,915 286,619 1,292,410 22,956.944 21,838,331 CARRIED FORWARD AT 31 August 2024 22.049,905 126,275 1,653.272 23,829,452 22.956.944 The ni)te% on page% 26 to 41 Eorin part (If the%e fiiiancial %taterneiit%. illl am(>unr8 derive from ci)ntinuin¥ activities. Ail gains and 1088e.s rec()gnised in the year are included in the Statement ol Financial ,l¢uviue8. 22
DAUNTSEY*S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 CONSOLIDATED BALANCE SHEET Group Chatity Group Charity 2024 2024 2023 2023 Notes FIXED ASSETS Tnble a$4et% Inve4trnents 22.920,394 3,198,100 22,920,394 3,198,104 22,831,903 2,683,210 22,831,903 2.683214 io 26,118,494 26,118,498 25,515,113 25,515,117 CURRENT ASSETS Stock Debt()r.%.' arn()unt% falling due withi'n one year Cash at bank and in hand 306,775 306,775 323,815 323,815 li 610,168 12.084,204 841.426 11,837,683 1,412,034 5,830,889 1,449,242 5,776,819 13,001,147 12,985,884 7,566,738 7,549,876 CREDITORS: amounts fajling due within one year (10.221 J23) {10,208.563) 18,205,444) (8.191,085) NET CURRENT LIABILITIES 2,779,824 2,777.321 (638,706) {641,2a9) TOTAL ASSETS LESS CURREwr LIABILITES 28,898,318 28.89_5,819 24,876.407 24,873,908 CREDITORS: amnunts falling due after more than one year 13 (5,068.866) (5,068,866) (1.919,463) (1,919.463) NET ASSETS 14 2_3,829,452 23.112(),95.3 22,950,9H 22.9.54,445 FUNDS Unr¢stticted Fund Re%trictecl Bur.%ary Pund End()wrneiit Punds (including revaluati()ti rc%erve lif £463,325) 15 15 22,049,90.5 126.275 22,047,406 126,275 21.377,915 286,619 21,375.416 286.619 15 1,653.272 1,653.272 1,292,410 1.292,410 TOTAL FUNDS 23.F129,452 23.826.9.%3 22,956,944 22,954,445 The Charitxble cornpany'b net 8utplus 1(Ir the year wa% £872,508 (2023.. £1,118,613). The nutes ()ii page$ 26-41 form patt of the%e financial Ntatement8. The fmancial %ratemeftts ivere appr()ved and authori%ed E()L issue by the BLyard ()E the Governorb C)n 5 December 2024 and were signed below on it% b¢half by,. T P Nield ir ul Goveriii) A R E CliFf(Ird Gi)vernc)r 23
DAUNTSEYS SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 CONSOLIDATED CASH FLOW STATEMENT 2024 2023 Noie Net cash infiow from operating activities 8,188,886 399,241 Cash flows from investing aetivkties: Invegtmettt inc()me Intere%t received Purcha%e of inve%tmeiit8 purch8£ of tangible fLxed %s%er Pwceeds from.%21e of investments Proceed8 frorn.%ale of fixed asset 112,791 52,143 (313,843) (915,9401 15,528 63,750 39,030 19,755 (36,615) (597,258) 19,966 21.825 Net cash outflow from investitig aetivkties (985,571) (533,2971 Cash flow5 fro financing activities Rtpayment of exi%tttig Iu41KI (950,000) (300,OW) Net cash outflow from financing activities (950.0001 (_300.0001 Movement in cash 6,253.315 {434,Q561 Ca8h 2nd ca%h equivalenLs at the bebyinning of the peri()a 5,830,889 6,264,945 Cash and cash equivalents at the end of the period 12,084204 5,830,889 ThL n()te t() tkn.% tate[rAt is on pagc 25. 2023 Casbflow 2024 Analysis of rnovernents in funds Cash at bank 2nd in hRnd 5.8_30.889 6,253,315 12.084.204 TLital cash and cash equiv21ents 5,830,889 6.253,315 12,084,204 Loan- Llnyd% Bank - CBILS (950,000) 950,000 Total 4,880.889 7,203,315 12.084.204 2024 2023 Analysis of movements in fund5 Increa%e/(D¢crea8e} in ca8h in the year Ca%h outflow fium decrease in debt 6,253,315 950.1)00 1434.0561 300,000 Overall movement in funds 7.203,315 1134,056) Opening net fund. 4,880,889 5,014,945 Closing net funds 12,084,204 4,880,889 24
DAUNTSEYS SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 2024 2023 RECONCILIATION OF NET INCOME TO NET CASHFLOW FROM OPERATING AG[iTIEs Net inc()me fi)t the year before inve.%tment gain%/Oosse Depreciatxon (Gain) on di%ptJ%al OE a%%et.% Intere8t received Inve.4tmeiit incnrne Decrea%e/(increa%e) in debtor. (Decrea%¢)/inctease in creditor 655,933 819,754 (56,055) {52,143) (112,791) 801,866 5,341,367 773,915 17,040 1,118,529 840,611 (3,651) (19,755) (39,030) (806,488) 86,201 (765,110) (12,066) fee8 in advance - other Decrea%e/(IncLea8el in stuck Net ca4h inflow From group operation 8.1811.886 399241 25
DAUNTSEY'S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 I. ACCOUNTING POLICIES The financial %tatement% h2ve been prepared in accordance with the ChArilles Statement of Recommended Practice I".£()RP (FR.%102)"), Financsal Repi)rting Practice Appkncal)le An the UIC and Republic of Ireland (FRS 102) %ec()nd edition effective l January 2019 and the Companie% Act 2006. The functional cutrency c)f the school is GBP because that the currency <)f the primary ecanornic envstiitllnent in which the 4chrJi)l operate%. The charity has taken advantage of the exempuon available tii a qualifying entity in FR.% 102 from the requirement to present a chAtiry <)nly Cash Flrjw Statement with the con%olidattd financial statemeiits. Having reviewed the funding 6icibtie. available t() the %choi)I together with the expected ong()ing demand Fi)r places 2nd the schi)ol's FutL]re pr()jected cash fli)w8, the Governor% have a Lea$onable expectauon rhat the .%chnol ha% adequat¢ reqource% to continue l- activitLes fi)r the fore%eeable Euture. AccLirdingly, tliey cnntinue tu adopt the going concetn ba in pteparing the financial %tatements. The %ehi)ol 1% a Pubhc Bencfit Entity retered a8 a charIry in England and WalLS and company bmited by guarantee. The tber5 ol the comp2ny arL the G()vernor% n'amed on pagt 3. In rhe event ()f the ci)mpany being w()und up, the ial)ility in rLspect {)[ the k¥udrantee 1% limited t(1 £10 per ernber uf the c()mp3ny. li was inci)tp()rdted o>n I I JLily 2006 {c()mpany iiumber 5872694) and regi%tered % a ih4irJty c)n 31 July 2006 {charity numbet 11156.48). The schnol, registtred nEfice is Dauntsey's .%chi)c)I, We8t Lavingt()n, Devi2es. Wiltt%hire, .%NIO 4HE. The prcparauon of Iinancial 8tatements in compli2nce with FRS 102 iequir¢% the u%e (JE certain critscal Aicuunung t%timtt8. It al81) requireb mandLFemeni t¢) txercise judgment in dpplyinx the ChAriiy'.% accounting p(IlLLieS. The key d%cmcnt that lia% beeA applied by managcmLnt relatL% ti) the Eulli, luiTrJed penNi()n deficir rec()veti' pldn ari4ing frrirn the recent triannual valuati()n. The 4chi)i)I h2$ 2di)ptLd tlie metli()d()loxy pruviaed hy Tl)T retirement %£ilutiOTi (previL)u%ly The Pen%inn8 Tru%tl t() represeiit th¢ net prc%tnt valuL calculati()n lid a%sucidted costs. WL wdl c()iitinue tc¥ rn(>niinr dtvcl()pment% go that uur fiwncial plan% cati %u%tain Future d¢fJLltb l)r whcthLr the Che¢S re1 aEfutdable. 'L'he £2ccountin2 policie.% adi>ptcd are de%cribed below". Group 11112nii21 st2temcnt8 'I'hest financL414tAtementb C(In%oIidatL the result% ()[ the ihxritable company atid it% whi)Ily L)wned 8ul)%idiari¢ D2untsey'8 %ch()ul l.ibrliry .%Ltvicc% Limited. Jrjlie Bri%e l.iniited Ana DaunfNty'8 8chool Enterprises T.imitLd. In acc()rdance with Section 408 rif thc C()mp2nies ilct 2006, no separ2rc StatLment OE Flinancial Actiwues is pre%ented for Dauntsey's School. The net incorning re.ourCeS OE the Charity are disclosed in ni)te 17. bl B%1% OE Accr)unting Thcs¢ f1112ncial 8tatetnents have been prepared under the Ell"trIcal cLi%t conventiun mothfied by the r¢v*lu2tion of certain as%¢t%. Income Fees receivable, other educatic)n21 incrjrne, schvol sh()ps and rjrher anci1I2ry inciime for service8 and use ()E prernisef are acc()unt¢d for in the year in ivhich the service 1% pruvidea. Fee% receivable are stated <er d¥aucring allow3ncef. scholarsFll"p% ana bu1%les allowed by the School. Investment inc()me 1% acciiunted Eur ift the }Tea in which the compan}T is entided ti) receipt. Donati()n% are accoiiiited Eut upon receipt. Legacie% are rectignised Ivhen the Chariry can estabb.Eh enutlement, pr()babiliti' i)F recdpt the abth.ty to e%rimate with 4uFficient accuracy rhe amount receivable. Ekpenditure Direct charitable expendittire con$t5 UF all ¢xpenditure (h'recd)T relating to the obj¥ct% OE the Charity. Cettain central ¢()%ts which c2nni)t be direcdy allucated are appi)rtic)ned between charitable a¢tiviues and the cot5 OE generating Eunas, based on e8tim2te% by rnanagement nf the time %pent on the relevaiit funcu()ns. Guvertjance co%t8 ci)rnpri8¢ the c()stq of ruiiiiiiig the chariry, including trateC planniii¥ F<)r ir% furure developrnent, extenial audit and legal advice for Daujitsey's k%chool Governors. and all the c()%t.s ()f complying with constitutional And %t2tutory requir¢meiits. Irrecovetable VAT 18 included within the ctitegury. i)f expense8 to which it relates. 26
DAUNTSEY>S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 ACCOUNTING POLICIES (continued) Tnble Fixed Assets Tnble Fixed are %hown at cost. Depreciation 18 pr()vided at the fnllnwinx annual rate% order to wtite off each asset ()ver it8 estimated u%eFul hfe.. Freehnld building Computer Sail tt21ng ves%tl Fumishings and improvement% Plant and equipmenr 50 ye2rs 3 year4 20 year8 14 years - 21Y/o reducing balance No depreclation 18 provided on freehc)Id land ur assets in the coutse of cu(L%truction Inve%rment8 Inve%tment% art slated in the financial %tatcmcnr% at market value. Rcali8ed gains or IL)%%e.% from invc%tment disp()%al.% {8alc proceeds le%% openjng markcr value) atLd unreab.%ed gains ()r lo%%es arL%ing fr()m the change in value of thii.%e inv¢%txnent.% %tJll hLld arc di8cIo%¢Lf in the .%tatemcnt of FinAnLial ActiVitie%. Investment% 11) bub.5idiarie% are valued at CO8t. tnck 18 carried at the l()wer lif co%t and net reali%2blc value. h) Finaiicial lll.%trumLnt8 2re initi&illy rec()gni%ed at transxitiun value 2nd .sul)%equently measureLI at am()rtiscd cost except fijr inve8tment4 which are hLld at fair walue. Fiinaiicial a.%ser% held at aTnurtiseLI ci)%t c()mpri%c cx%h at l)ank and itL halid. t()gLthcr with fee Llebt()Tr*, Lxtra8 billed in July Ad ()ther dchir)r%. A %p¢ci6iL pr()vi%ii)n 1% made fi>r debt% f(Jr which recuverabilitlT 1% ill d()ul)t. (-.ash at bank and in hand is Ll¢lsn¢d 211 ca%li hcld in instant dcce% l)ank xccc¥unts' And u%ed as wi)rkittL Cdpltal. fiinaticial It21)ilitie% held at ami)rtLsLd c()st comprise all ctedit()r% txcept %oiikl.%eLullty 2nd i)thLf 12xes aiid pruvi%i()si%. A%%ci% diid liabihtLe.4 held ill frjrcign currenLY dre tran%latLd tf) I"BP at the balanct %hect daie at an appri)pri2& te ye2r cnd ¥xchknKe rate. Unre%triCted Pund8 The%t EuniL% arc cxpcndable at the di%cr¢'ti()n rif the Tru%tee% in furthcrance OF the (Ibjectr OE the Ch2rity. De%ignarcd Fundq Tl)L%c fund% are set a¥ide at the discreu()n ()[ the Tru%tee% fnr 2 particular purpose. Expendxble FJndowment funds These lund% rLprLsLnr m()nie% received where the income ariEing 18 restricted to a particular purpo%e. The trustees may also Ube the capiMI i)f the Fund where nece5%24'. Permanent Endowment Eund The%¥ Funds repre%ent fund% wluch are re8tricted flir the purpLi4e tif pri)vidinLF bur%ary Nupport. Re%tricted Fund% Re%tricted Eund% represent amnunts donared tu the %ch()ol Eor a 8peciFic putpose. Pen%ivn The scho()l operat¢% %eparAte Pell}n scherne% for teachJn¥ and non-teaching 8raFf which de%cribed in Note 7. The scho()1'.4 re4pongibitV Is hmited to Its ci)nrributsons, which are charged again8t incumiiig retsi)urces in rhe year in which they are made. ()peraung Leases Rentals Eor asqets held under operaung leaseN #re charged [() the incomIn% resourceF the}, become pttyxble. 27
DAUNTSEY'S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 SCHOOL FEES 2024 2023 bi)ard and tuiui)n fee4 Lesq.. Scholarship Le84.. Bui%aries 25,114,137 (397,220) {653,241) 24,085,606 1471,219) 1697,850) {4,242) (1,074,951) (752,780) Dauntsey's %chnol ()Id Daunts¢ians' ,ls%nci*tinn Bur%ary Fund L¢88.. Di%cnunh. _ 4ibhn% .%t%ff (1,058,272) 1832,1701 22,173234 25,872 629.829 21,084,564 12,620 593.862 Add.. Scholarships funded from endowment funds Bur%aries funded from restricted fund% 22,828.935 21,691,046 All other fftcomsng re8()urce% are attsibutable to the conttnuinK activitie% uf the Group and ate earned entirely witkn'ii the United Kingdom. 28
DAUNTSEY'S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 INCOME FROM SUBSIDIARIES TRADING AcfIviTIES Jolit Bri%e Limited UBL) Ic()mpany number.. 03234906) Dauntbey's Schnol Entetpribe% Limited (D8EL) (c()rnpany number.. 02956098) Both c()mpanie% 2re regi8tered itt the UK and whollj i)wned by Daunts£y's %ch()¢)l. The trading results E()r the yeat, extracted from the udited fin2ncial statementN', are %ummari.sed below.. JBL 2024 DSEL 2024 Total 2024 Tun)ovei - extern 17,552 337,439 354,991 17,552 337,439 354,991 Cost 06 %aleq - D2untsey's School extetnal (67,245) (4,990) (67,245) (8,2291 (3,239) Net profit 14513 265.204 279,517 Di%trtbuiic)n under ¥ft aid 114,313) (265204) (279.517) Del)ior Cash And bank (.rcditi)r 156,595 221.6.32 (375,869) 156,595 246,521 1400,613) 24,889 (24.744) Net Assets 145 2,-1.58 2..503 Share Capital and Reserves c.alled up share capital Prr)Fit and lo.%s Reserve 143 2,499 145 2,-3.58 2.503 At 31 AUgUt 2024 there wa% a ba12nCt of £387,853 (2023.. £295,580) owed tf) the %chui)I bj, the 8uh%ithary entities. No remuneration, divideiid c)r ani? ()ther Ec)rm of reward or benefit h2% been received by the Chair. the Head ,Vla%ter or the Biir4ar Er()m the trading %ubsidAaries. The regi%tered (IFfice for bnth %ub4Ldiarit% 1% as folli)ws". Daunt%¢y's SchrJi)I We%t Lqvingt()n Devize liltshire .%NIO 4HE 29
DAUNTSEY'S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 INCOME FROM SUBSIDIARIES, TRADING AcftVITIES (continued) COMPARISON 31 AUGUST 2023 JBL 2023 DSEL 2023 Total 2023 Turnover - extem21 17,971 294,835 312,806 17,971 294,835 312,806 Cobt of %ale4 - Daunt%ey's %cho()I external (7,144) (5,084) (7,144) (10,082) (4,9981 Net profit/(loss) 12.973 282.607 295,580 DtribUlln under giEt aid (12,97_3) (282,607) {295,580) Dcbt()r% Ca8h and bank Creditors 258,372 31.063 (287,07 258,372 54,070 (309,939) 23,007 122,862) Net Assets 145 2,358 2,503 Shate Capital and ReseThTes (-alled up sh.are capital Pr()fit aiid Rc%erve 143 2,499 14_5 2.511_3 OTHER EDUCATIONAL INCOME 2024 2023 Educational activities Entrance and regi%tration fees Courses and ub-I¢lting. 47.5.52 17,086 58,340 64,638 117.640 30
DAUNTSEYS SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 5. ANALYSIS OF EXPENDITURE Staff Costs Oiher Costs Depreciation Total Expenditute on raising funds". Trading cost%. FundtAi4ing & development Fi112iicing charge8 %ch()ol shop 8,229 23,825 139,668 221,519 8,229 43,917 139,668 358,006 20.092 136,487 Expenditure on Charitable Activities ch(s111 ()perating cnst%'. Teaching cnsts WelEAre 9,662,607 2,543,263 500,589 1,153,242 1,746,961 1,187,174 3.09 1,304 1,278,888 660,446 14,392 9,507 791,614 4,241 11,423.960 3,739.944 4,383,507 2,436,371 660,446 Premise. %upp()rt & G()Yern2nce co$t8 Grants, award4 and piize Total Expenditure - 2024 14,016.280 8,358,014 819.754 23,194,048 ANALYSIS OF EXPEI¥JDITURE COMPARISON 31 AUGUST 2023 Staff Costs Other Costs DeprecAation Total Expenditure on raising funds- Tradin&) LO%t% Fundrai%iJig & devel(Jptneiit riinancin£ chuie Sihi)ol %h()p 10,082 15.306 137.-424 248.095 10,082 65,796 137.-324 50.4(JO 157.2()8 Expenditure on Charitable Activitie5 8ch(11)l uperAting ci)st%-'. TcachinLy co%t8 Wclfare P¥eniise8 Supp()rt & Cy()vcrnance ciist Grants, aw2rd% and Pre% 9,107,313 2,336,999 498.15.3 1,059.-fj82 1,898,324 1,333274 2,749.()17 1,145.4().1 611.-377 44,043 12,455 778,812 5.301 11.049,680 -3,C)82,728 4,026,582 2,210,346 611.377 Total ExpenditUEe- 2023 13209,835 8,148,862 840,61 I 22,199.308 All costs included in charitable activiues kre direct costs except For.%upport costs OE %chonhng which cornpti8e'. 2024 2023 Wages and %alarie Recruiting, tnqining, health & 8aEety ()Ffice expenditure and travel Llllncated depreciation Gi)vernance 1,153,242 705,318 487,740 4,241 85,830 1.063,582 618,157 481,009 5.301 42.297 2,436,371 2,210,346 31
DAUNTSEY?S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 Augusi 2024 OPERATING SURPLUS 2024 2023 ()peYatii¥ surplu% for th¢ year 18 stated after chargin£'. ,ludit()r%' remunerati()n for audit services ,4udit()ts' remunerati()n Eor taxation compliance services Operating leasts Depteciatinn 28,800 26,340 292,853 819,754 312,633 840,611 STAFF COSTS 2024 2023 The Average (fLdl time eqwvalent) number of tmployees, including part time, within ¢ach categt)ry of person% was.. Teaching 4tff Administramon qtaff 145 (118) 226 (156) 147 (121) 207 {153) 371 (274) 354 {274) The costs Jncllrrcd in tespect OE thesL employee.% were.. Wage% and %g12riL'S 11.339,996 41,465 1.133,650 1,501.169 IU,559,561 S()cial Seiuriry c()%t l)en%i()Jl LU%tb 1,066,976 1.583,298 14,1116,280 13.209,835 The numher IIE kn"b.her p2id LrnpI()yee% wi%.. Tkxablc Ltn()lurnents hand.. 2024 2023 £60,000 - £69,(K)O £70,000 - £7().999 £80,000 - £8().999 £90,000 - £99 (J99 £140,000 - £14() ()C)9 £220,000 - £229.999 £230.000 - £239,999 2() ic) Awegate emplf)yee Salarie% and benefit4 of keiT management per4onnel £897,390 £845.594 Termination pa}Tment% in the year tutalled £49,011 {2023£72,484). Nn govemors r¢c¢ived any remuner&tion. %even govern()rs received teimbursed expen%e% in iespect of travel, accomn]odauon and tnlLning ¢1)ta'n% £3,946 (2023.. Five govemors ivere reimbursed £2,380). Dliring the year the 5ch()ol mainrained, within its gen¢r21 insurance prograrnme, p¥Ofe41{)al indemnity cover f)f £5,000,000 and Director% and C)fFicers indemnityr cover f()r the biuvernors of £5,000.000. Pension Contributions and Commitments With eFfecr from l %epteml)er 2022 Ihe schi)ol no l()nger participated in the DEF,'s Teacher, Pen4ion £chen]e (rps). An klternative defined contribution scherne hab been 3vadable from l %eptemb¢r 2022 for teachiiig %taff. With eflect Er()rn l %epteniber 2023 the %ch()()I cea%ed t() participate in the TPT defined benefit scheme%. 1kne defined ontributi()11 Scheme been available from l %eprember 2023 for 211 ehgible nun-ttachiiig NtafF and compriqes empl()yer c()ntril)uriuns Trf 8.lQ/o and membet contril)L)unn ()E 5Q/o. On t() prucipaie in the Twf defined benefir scheme%, the qchi)ol ha% a r¥%idual knablty. In addiur)n, a joint and *eveI babihty exist% it] the ev¥nt that %i)m¢ ()r all ()f the ()ther m¢mber% i)f the Scheme were to default. 32
DAUNTSEYS SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 PtL Viou.lY rhe .%chool operated four .%cheme8 for nun-teachin£ Staff within TPT Retir¢ment Solutiiin% a 'multi (66) employer %cheme', previously known a4 the Penqi()n Tm.%t. There were three %chemt% with defined benefits. klember of the 11601h final sa12ry scherne, which wa% closed t() new members on 31 December 1994, cumprised empl()yer ci)nttibution8 of 20.50/0 and membvr c()ntributi()ii% oF9.7D/D. There were also tw¢) careeL average related earnings (CARE) benefit %cheme%. Member* ()f the 1180Th CARE scheme, wkn'ch wa% cl()sed to new entrAnt8 on 31 August 2013, cc)mprised employer concribution4 of 16.20/0 and member contribuuL)n% of 6.50/0. Nlember8 lif the 11120Th CARE 4cheme, which was closed to new entrants in Augu.st 2019, compri¥ed employer coiitriburinns OF 8.l¢/o and mernb¢r C()ntributiUn. of 7.20/0. A 'defined conttiburs<)n' %cheme c)pened September 2019 Eor new empl(>yees and CUrnPri%ed employet ci)ntribution8 ()f 60/0 and member cofttributii>ns of 5 /0. All the %cheme.% permitted 4tAEE to make addiuonal contributic)n%. The trtennAal valuatiDn whÈch tuok place i)n 30 september 2020 re.4ulted in the school maknng annual delicit c()ntributif)n% starting ai £182,000 fr(1rn September 2022, tij incr¢se 4¢ 3,/¢ per annum untd April 2032. The 2023-24 ci)ntributions trjrallea £187,347. The pensi(In% %chenL" service cost.4, the interest cost and any actuariaL gain.%/10s8e% ate charged to the .%( )FA each year. The babilitie% are measured un an actuarial basi$ at the balance %heet date. u%inbN a dLSCUUt]t rate which would ve the same re%ult% #s u%ing 2 full AA c()rporate b()nd yield cuxve t() discout]t the same recov¢ry plaft contributii)n%. The r¢%ulting hability is included in the balance sheet £1,402,569 (2023.. £1.456,810). TAXATION 11]eLe is nrj 1)illry to Ci)LP()ration aue to the C()Inpany'% charitablt 8tatus. 33
DAUNTSEY'S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 TANGIBLE FIXED ASSETS- GROUP AND CHARITY Fteehold Land and Buildings Plant, furnishings and equipment Sailing Vessel Uo]ie Brise) Group Total COST As at 01 %eptember 2023 Addition8 Di%po.al$ 32,581,458 742.452 3,645,320 173,488 (48,150) 98,753 36,325,531 915,940 (48,150) At 31 August 2024 33,323,910 3,770,658 98,753 37,193,321 DEPRECIATION at 01 ,%epttmber 2023 Dispo%218 Charge for the year 10,277,247 3,117,628 {40,4551 114,793 98.753 13,493,628 (40,455) 819,754 704,961 At 31 AuRust 2024 10,982,208 3,191,966 98,753 14,272,927 NET BOOK VALUE At 31 AugLl%t 2024 22.341,702 578,692 22,920.394 At 31 Augu%t 2023 22.304,211 527,692 22,831.903 10. INVESTMENTS Elldowment Funds Ullrestri¢ted Funds Total Group and Charity tAsted investments ,¥larket value a.% at 01 %eptember 2023 Addirinn F)i%p()8als Unreali%ed gainb 1.292,411 -11_3.641 115.528) C)2.748 1,390,799 202 2,683,210 313.843 115,5281 216,575 153.827 ,Wlarket valu¢ as at 31 Aug¢ 2024 1,653,272 1,544,828 3,198,100 CharAry Investment in 5ubsidiaties C()%t a% at 01 .%cptember 2023 Cost as at 31 Auwst 2024 Total as at 31 August 2024 1,653.272 1,544,832 3.198.104 34
DAUNTSEY'S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 10. INVESTMENTS (continued) INVESTMENTS COMPARISON 31 AUGUST 2023 Endowmeni Funds UnrestrAcied Funds Total Group and Charity Lisied invesiments Jl%tket value as at 01 %eptembet 2022 Additions 1,289,278 36,483 (19,9661 (13,386) 1,377,198 132 2,666,476 36,615 (19,966) 84 Unreab%ed Luin.%/Oii%%e 13,470 Market value as at 31 AuKu4t 2023 1,292,410 1,390,800 2,683,210 Charity Investmeni in subsidiaries C()%t as ar 01 September 2022 Co%t a% at 31 AUg$t 2023 ToLIl at 31 August 2023 1,292,410 1.-49a,804 2,683,214 ii. DEBTORS: amounts falling due within one year Group 2024 Charity 2024 Group 2023 Chariry 2023 Fee debt()r .xtras billed E()r Summer Term ()ther Llebt(Irs PrLpaymLnt% and aLLmed inc()Int Ilmi)unts due Fri)tn bubsidiaries 70,815 129,986 157,111 252.25C? 70,815 129,986 516 ?52.256 387.853 64,753 168,037 168.U37 2.58,MO 920,804 920.8114 29_5,.580 610,168 841.42C) 1,4l2,034 1.449,242 CREDITORS: amounts falling due qthin one year Group 2024 Ch8rAty 2024 Group 2023 Charity 2013 Loan- Lloyd% Bank - CBIL% Trade creditor4 %tudeni dep()SLt% Fee% m advance - i)ne-vear scheme - other 300,000 57,156 1.575,568 2,850,351 2,281,616 28,510 14.627 910,269 187,347 300,000 57,156 1,575.5(?8 2,8iO,351 2.281,616 28,510 14,627 895,910 187,347 358,103 1,659,671 4,332,422 2.556.192 34,697 308,245 778,993 193,000 358,103 1,659,671 4,332,422 2.556.192 34.697 308,245 766,233 193,000 Deferred ilicurne TaxcitLun and 8()cial 8ecurity ,IccruaL% and prc)visi(In% Pen%iiin liabiliry 10221,323 10,208,563 8,205,444 8,191,085 Student depi).4its are treated E48 fAllg due within i)ne }'eat as they are repa}'Able ifa tem'% ni)uce 18 ven. 35
DAUNTSEY'S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 CREDITORS: amounts falling due within one year (coniinued) %ummary uf movemertt% in fees in advance and defetred ineome Gtoup Chaiity Balance a8 at 01 %ep¢ernbtr 2023 ,Imounts released Amounis deferred in the current year 5,160,477 (5,160,477) 6,923,311 5,160,477 (5,160,477) 6,923,311 BAlance as at 31 Augjsr 2024 6,923,311 6,923,311 CREDITORS." amounts falling due after one year Group 2024 Charity 2024 Group 2023 Charity 2023 L()an- Lloyds Bank - CBIL% Pen%iun r.iAI)dity ee% ill advance - multi-y¢ar scheme 650,000 1,269,463 6.50.000 1,269,463 1,209,570 3.859,296 1,209,570 3,1359,296 5.068,866 5.068,866 1,919,463 1,919,463 Tht C.BILS Icidn beCle repayable from N()vember 2021 at base tate plus 2.430/0. During the Ye the C.BILS loan was repaid in full_ 'L'he I,oan and Peiision Trust ]iabilitLe Are rcpayable in the f(sllnwing year%". 2024 2023 Vitliin one ytar Within o)ne In nvn }7ear Within tw() l() five year In m()re thln five year 193,00(J 186,176 540,34() 483,048 487,-347 477.814 85C?.2()3 58_5.386 1.402,570 2,406,8111 14. ALLOCATION OF THE GROUP'S NET ASSETS Net current Assets/ (Llabilitics) Fixed Long term Liabilities Fund Balances Invesin)ents Unre8tricted fLind% Resrricted Eund4 Endowrnent Eunds 22,920.394 1,544,832 2,651,046 126,275 (5,068,866) 22,047,406 126,275 1,653,272 1.653,272 Charity funds 22,920,394 3,198.104 2,777,321 (5.068,866) 23,826,953 Subsidiarieb, re>erves (4) 2,503 2,499 Group funds 22,920,394 3,198,100 2,779,824 (5,068.866) 23,829,452 36
DAUNTSEY'S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 14. ALLOCATION OF THE GROUPS NET ASSETS (continued) The land 2nd building% fnrming Ihe Daunts'ey's .%chool esrate is a mixture of tndnwed land and buildinxs identiFied in the Chatiry Cnmmi%%ion scheme dated 2006 at]d datii)¥ back t() 1893, and other land and buiidinR.% acquired b}. the chool from unrestricted surplu¥eq and l()an finance (Iver the yeats. The %chi)ol has developed vari()u.% building8 on the site, and thi.4 has resulted in new builds and exteii8ion8 8panninE b(>th the endowed and unreqtricted porti()n¥ (>f the e8tatL. As the Gc>vernor.% wuuld not foregee a PO%ition where ny OF the propertie% on the maLft 8choDI site would be 8nld, any all()c%uon between unre%tricted and enduwed pr()perty i% meaningle%% in the ()verall strat¢gi? of the school. As an approximatsun, the land and buildmgs currenrl! occupying the rigirjal endowed 8ite art circa 45'/ts of land and buildin £22,304,211 di%cli)%ed note 9. ALLOCATION OF THE GROUP'S NET ASSETS COMPARISON 31 AUGUST 2023 Net current Assets/ (Liabilities) Fixed Assets Long tetm Liabilities Fund Balances Investments Unre%tricted funds Rc.%trictea fund% F.ndiJwrnent funds 22,831,903 1,390,804 (927,8281 286,619 11,919,463) 21,375,416 286.619 1.292,410 1,292,410 CharÈty funds 22,8.31,903 2.683.214 (641,21)9) (1,919,463) 22,954,445 Sub.%idi2rit%' re%erve 2.5U3 2,499 Group funds 22,831.9Q3 2,683,210 (638,706) (1.919,463) 22.C)5(),944 15. MOVEMENT OF FUNDS Balance a5 at 01 Sep 2023 Investnient Gains/(Los5es) and Transfers Balance at 31 August 2024 Income Expenditure Unrc%tricted Fund. Re4triCted futid%'. schnnl bursarie other bursarie% 21,375.416 23,680,825 (22,4.58,6241 (550,211) 22.047.406 (464,038) 464,038 50.000 35,170 55,002 28.984 (50.000) (19_5,-514) (25,872) cliatitable trugt ExpendabIe endi)wment Funds P¢rmanent endi)wment Fund 286,619 738,470 553,940 126.275 1.070,348 582,924 302,748 Charity funds 22.954,445 23,849,981 123.194.048) 210.575 23,826,953 Unrestricted fund. Restricted Fund.%'. bch()ul bursariL other bur$2rie - teaching 21,377,915 23,680,825 (22,458,624) (550,211) 22,049,905 (464,0381 464,038 50,000 35,170 55.002 28,984 (50,000) (195,514) (25,872) 286,619 738,470 553.940 126.275 1,070,348 582,924 Expendable endi)wment funds Perm2L nent endi)wment Fund 302,748 Group funds 22,956,944 23,849,981 (23,194,048) 216,575 23,829,452 37
DAuwfsEY'S SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 MOVEMENT IN FUNDS (continued) DESIGNATED FUNDS The scliuol d(ie% n(It eurrendy have any d¢%ignated fuiids RESTRICTED FUNDS Re%U'iCted Eunds compri%e m()nies received f()r capital prnjecis aiid other.%pecific purpi)%e8. Once the purpo%e for which the monie% were received has been met, and on the ba.%i4 that there were further re.%tricti(>ni rhat conunue to apply, the fund.% are rran%ferr¢d to unregtricted Fund%. PERMANENT ENDOWMENT FUNDS The perrnallent end(Iwment fund represent% monies received for the amrd OE bL)r8arie% 6rom Funds traii%ferred fri)m Ihe D2Ullt8ey's %clio()I Cli2kit2ble Trusi 2nd drinatians duriiigF tlie J'eAr_ Transfers between funds £704,038 wa.% tran%fLrred Erum unre%tricted to re%tricted funds. This comprised £456,579, the minimum 20/0 of net fee Ancome requircd to pr()vide bur%arie%, an obj¢itive in the school's governing d()cun]ent, £7,459 app]ied at the (li8creuon OE the trustees to augrnent tkn's objective ittd £240,000 of the C)la DRuntseians' Bursary Fund. EXPENDABLE ENDOWMENT FUNDS End()wment represent miinie% received Ei)r the award of bur%8rie.s gnd prizes. Balance as ai I Sept 2023 Balance at 31 August Income Expenditure Invesunent Gains 2024 Bursaries HeEnens Bur4ary Fund Foundaiinn Bursary Pund Old Dauntbvian8' Bur%ary Putid 310,949 343,759 9,479 11,020 269,043 17.548) 13,420) 112.444) 23240 24,26_5 8,455 3.3C),120 375,624 2C?_5.1154 Prize funds G()rd()t] %aund¢r% *L lern(?ri#l Bagnall Br)bby Nel8()ii C)Id Daunt%eiaJis Othcr l)rizL Funds 314 398 286 331 4,131 869 1.100 790 915 3114 11,667 14,767 10,607 12,281 44,228 13.667 9.817 I1,3C?6 (_398) (2861 (.131) (1,131) Total 738,470 295,002 125,8721 62,748 1.070.348 Permanent endowment fulld 553,940 28.984 -582.924 N'o individual prize Fund included in 'Other Prize Fund% is above £10,000. '()rlier Piize bunds" 1% ci)rnprised of the f(?ll(Iwing individual Funds.. Pli)TSIC5, Salter, Bxrton, INLarbden. New%()m, Sidney Gilliat. HLmens Hrjcke),, Sound Citizen, John Go%ling, Petttsiger, INlatti Pidduck, Hugo Flalke.%, J()hn Abnett, Sranton, Ann2 R()bert% 2nd Tirn Hall prize fund.%. The detail% f()r the individual funds are available fr()m the %chool ()n request. 38
DAUNTSEVS SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 Augusi 2024 MOVEMETrrr OF FUNDS (continued) MOVEMENT OF FUNDS COMPARISON 31 AUGUST 2023 Balance as ai 01 Sep 2022 Ineome Expenditute Investment Gains/(Losses) and TransfeES Balanee at 31 August 2023 Uiirestricted funds Restricted fL]nds'. chool butsatie% (Ither bursaries - tchIng charitable trust Expendable endowment funds Permanent en<towment fund 20,339,280 23,158,902 (21,567,826) 1554,940) 21,375,416 (568,410) (4242) (25,000) (21,210) (12,620) 568,410 4,242 25,000 90,792 21.326 17,575 217,037 743,150 536,365 286,619 738,470 553.940 (13,386) Charity funds 21,835,832 23,317,837 (22.199.308) 84 22.954,445 Unre%trlCted fund% Re%tricted futd%'. schnnl bur%ari¢% nrhcr I)Yar1e t¢Aching charitable ttu8t Expcndable endL)wment Euiids Permanent end()wment fund 20.341,779 23,158,902 (21,567,826) (554.940) 21,377,915 (568,4101 (4,242) (25,0001 (21.210) (12,620) 568.410 4,242 25.1100 9a,792 21.32C) 17,575 217,037 743,1.50 536,365 28C),C)19 738.470 .553,940 (13,386) Group funds 21.8311.331 23,317,837 122,199,308) 84 22,956,944 Transfers between funds £.5()8.410 w5t% ttan%Eerrtd fri)m rCtricted tu restricted Fund.%. This being £433.821. rhc minimum 2./0 OE nét Ee¢ inci)nie reqiiirtd ti) pr()vÈdc bur%arie%, i)bjectivL in ihe %iho(Il's g()verning d<)cument and £134,589 applied at the di%cr¢ti()n i)E the trusrcc% r() iubrynetit thi% ()bjectjVL. 39
DAUNTSEYS SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 MOVEMENT OF FUNDS (continued) EXPENDABLE ENDOWMENT FUNDS COMPARISON 31 AUGUST 2023 End(>wment fund% reptesent monie$ received for the award OE bur8arie% and prizes. Balance as at 01 Sepi 2022 Balance at 31 August Income Expenditure Invesiment Gains 2023 Butsaries Hemens Bur42ry Fund Foundation Bursary Fund 321,442 346,052 8,983 9,924 (13,740) {6,226) (5,737) (5,990) 310,949 343,759 Pfize funds Gordon Saunders LMemari21 Bab)nall C)Id DauntS¢iAn% C)ther Prize Fund 11,013 13,938 11,591 48.877 312 395 328 1,384 (_112) (395) (328) (1,382) (215) {271) (225) {948) 10,798 13,667 11,366 47,931 Total 752.913 21,326 (22,38.11 (13,386) 738,470 Permanent endowllkent fund 536.365 17,575 5_53.940 Post year-cnd bursary fund distsibution (9,76.1) 9,763 Nf) indiwiau21 ptiie fulld iticluded in'other Pri/.e Fund5, is abi)vL £10,000. 'C)ther Piize F.unds" is curnpri8cd c)f rht f()11()wing itidividual fuiiil%.. Ph}r41i%, %lilter, Bxrron, LMar%dcn. New8() ,%idney Gilltit, Hefft¢n% Ilvckey, %nund C.itiZLn. Bi)bby Nel%(IA, John GuslJAg, PettinLFer, laiti l)idduck. Flug() Halkes, J()hn Abnett, Strdntun and Anna Rnbcrts prizc nds. The detail% Eor the individual Eund% are availAI)Ic frarn rhe Schrjol i)n request. 16. FINANCIAL COMMITMENTS 2024 2023 ()pcraring lease% payable.. Within one year In tlie seci)nd tu fifth years Inie than five years 251.948 245,747 215,669 308,575 Capital expenditur¢ cnntracted fiJr but not prc)vided in the financial staternents: 40
DAUNTSEYS SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 Augusi 2024 17. FINANCIAL INSTRUMENTS Group 2024 Chariry 2024 Group 2023 Charity 2023 Fiiiaftcial assets meL%ured ar am()ru%ed cost (al Financial a84et4' measured at fair vue (bl Financial a%%et% in cxsh Financial habihties mea9Uted at am(Irti.%ed cost {c) 383,975 615,233 1,133,135 1,170,343 3,198,100 3,198,100 2,683,210 2,683,210 12,084,204 11,837,683 5,830,889 5,776,819 {13,449,677) (13,436,917) (7,703,470) (7,689,111) Financial a%%ets include Eee debtQf*, extta8 billed F(>r summer Term, uther debt()r%, accrued income and amount% due Fr(Im.%ub%idiar5'. Financydl a88tt8 held at Fair value included a44et% held as investmen¢%' Financial liabilitie% include bank loan, depo.%its, Eees in advance, tLade credit(), and orher creditors. (b) (c) 18. RELATED PARTIES There are Mernbe of the %ei)ior leader%knp team who are associated with the school by h3vinK chAldren who are pupil% at the %cho()l. I C. H dL N l.ucas, A Governi)r nf D2unt%ey'.% .%ch()ol, a trn.%tee (If tht ()ia Dauntbetsnb, Jl%%oci2tion Bur.%ary nd whilst a G()vem()r (If thL %choiil untjl he re%iLJned ()A 01 JanLUry 2024. 19. TRANSFER AND UNITING ORDER OFL l %eptember 2007, in accordance with the pri)vi4ion% 21)d under the authi)rity ()f a Cliatiry C()mr[sln Nclieme dated 29 .4ugu%¥ 2006 1"tlie Scherne"). thc $8crs and liabilities and ()ptrati(In% iiF L)aunt%¢y SLh()ol F()undatirin (charity registrarinn numl)Lr 309480. 'tht nld charit) ) IvcrL transEerred t() Daunr%cy's %ihu()I (Lharity nurnbcr 1115638; 'rhL nvw inio)rporated c112r1). cxccpt Ii)r thL)b¢ ab%et% identified in rhv Siheme. 11]e %chLmc includ¢d a unitir¥. directi()n. pr()viding fnr the (>ld chAfAty AnLI it% %iib8idi2tic% t() l)e tteated f()rming a p2rt c)f the new incorporAted ci)n]pany f()r thL PLllpn%e% c)f reL)j%ttAti()n aiid acc()unting. Acivrthi¥ly, thetse financi21 %iAtement have been prep&red ()t] the b28i.% rhai Ihe <)Id charitlT aiiil new iiic()rpr)r2ted chAfLty are c()ml)incd Enr rep()rtinb putpo%es. 41