## ## |Trustee Governors|Trustee Governors||Mrs. D M Fulbrook OBE|Mrs. D M Fulbrook OBE|Mrs. D M Fulbrook OBE|||| |---|---|---|---|---|---|---|---|---| ||||Mr,
I A Paul|||||| ||||Mr. STyler|||||| ||||Mrs. SBannister|||||| ||||Mrs. T Smith|||||| ||||Mrs. M Russell|||||| ||||Mr J F Munoz|||||| ||||Dr P A Simkiss|||||| ||||Mr N P Duffy|||||| ||||Lady L Morris|||||| ||||Mrs S Lock|||||| ||||Mr TLawrence||||(Appointed|25 May 2022)| |Patrons|||Lieutenant
Colonel Patrick Holcroft LVO OBE|||||| ||||Lord Faulkner ofWorcester|||||| |Senior Leadership||Team|Miss. N. Ross,|Principal|||(Resigned|31August 2022)| ||||Mrs. R.Perks,|Principai|||(Appointed|1 September 2022)| ||||Mrs. V. Ward, Strategic||Lead - Vl Education|||| ||||Mrs. F. Madden,|Strategic Lead - Student Progress||||| ||||Mr. P. Marnell,|Strategic||Lead - Student|Wellbeing|| ||||Mrs. L. Pratt, Assistant||Principal:||(Resigned|21 October 2022)| ||||Strategic Lead|Business||and Finance||| ||||Mrs. R. Hines, Assistant|||Principal:|(Appointed|3October 2022)| ||||Strategic Lead|Business||and Finance||| |Charity number|||1118377|||||| |Company|number||06053218|||||| |Registered|office||Whittington
Road|||||| ||||Worcester|||||| ||||WR5 2JX|||||| |Auditor|||Kendall Wadley|LLP||||| ||||Granta Lodge|||||| ||||71 Graham
Road|||||| ||||Malvern|||||| ||||Worcestershire|||||| ||||WR14 2JS|||||| |Bankers|||Lloyds Bank Pic|||||| ||||4The Cross|||||| ||||Worcester|||||| ||||WR1 3PY|||||| |Solicitors|||Thursfields|||||| ||||9-10The Tything|||||| ||||Worcester|||||| ||||WR1 2HD|||||| ## ## ## ## ||||Page| |---|---|---|---| |Trustee Governors'
report|||1-7| |Statement
ofTrustee|Governors'|responsibilities|| |Independent
auditor's|report||9- 11| |Statement
offinancial|activities||12 - 15| |Summary
income and|expenditure|account|16| |Balance sheet|||17 - 18| |Statement
ofcash flows|||19| |Notes to the financial|statements||20- 51| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Unrestricted|Unrestricted|Restricted|Endowment|Total|Total| |---|---|---|---|---|---|---|---|---| |||funds|funds|funds|funds|funds|2022|2021| |||general|Designated|Pension||||| |||||Scheme||||| ||Notes|||f||||| |Income and endowments||from:||||||| |Donations
and||||||||| |legacies|3|247,936|||217,785||465,721|386,491| |Charitable
activities|4|5,547,422|||1'I2,359||5,659,781|4,901,470| |Other trading||||||||| |activities|5|13,905|||||13,905|7,324| |Investments|6|58,331|||19,169||77,500|52,977| |Other income|7|17,807|||||17,807|13,399| |Total income||5,885,401|||349,313||6,234,714|5,361,661| |Ex enditure on:||||||||| |Raising funds||78,558|6,778||||85,336|75,253| |Charitable
activities|9|5,221,621|194,566|2,000|104,419||5,522,606|4,637,902| |Total resources||||||||| |expended||5,300,179|201,344|2,000|104,419||5,607,942|4,713,155| |Net gains on||||||||| |investments|13|(6,667)|||(26,933)|(85,143)|(118,743)|158,900| |Net||||||||| |incoming/(outgoin||||||||| |g) resources||||||||| |before transfers||578,555|(201,344)|(2,000)|217,961|(85,143)|508,029|807,406| |Gross transfers||||||||| |between
funds|14|(29,000)|141,667|29,000|(141,667)|||| |Net incoming/(outgoing)||||||||| |resources||549,555|(59,677)|27,000|76,294|(85,143)|508,029|807,406| |Carried forward||549,555|(59,677)|27,000|76,294|(85,143)|508,029|807,406| ## ## |Brought forward||549,555|(59,677)|27,000|76,294|(85,143)|508,029|807,406| |---|---|---|---|---|---|---|---|---| |Other recognised|gains and losses|||||||| |Actuarial
(loss)/gain||||||||| |on defined
benefit||||||||| |pension schemes||||(136,000)|||(136,000)|2,000| |Net movement
in funds||549,555|(59,677)|(109,000)|76,294|(85,143)|372,029|809,406| |Fund balances
at 1||||||||| |September 2021||391,275|14,674,756|(269,000)|377,308|651,665|15,826,004|15,016,598| |Fund balances at||||||||| |31August 2022||940,830|14,615,079|(378,000)|453,602|566,522|16,198,033|15,826,004| ## ## |Prior year|||||||||| |---|---|---|---|---|---|---|---|---|---| ||||Unrestricted||Unrestricted|Unrestricted|Restricted|Endowment|Total| |||||funds|funds|funds|funds|funds|2021| |||||general|Designated|Pension|||| |||||||Scheme|||| |||Notes|||||||| |Income and endowments|||from:||||||| |Donations
and|||||||||| |legacies||3||225,991|||160,500||386,491| |Charitable
activities||4|4,804,010||||97,460||4,901,470| |Other trading|||||||||| |activities||5||7,324|||||7,324| |Investments||6||37,118|||15,859||52,977| |Other income||7||13,399|||||13,399| |Total income|||5,087,842||||273,819||5,361,661| |Ex enditure|on:||||||||| |Raising funds||||69,724|5,529||||75,253| |Charitable
activities||9|4,392,031||166,143|3,000|76,728||4,637,902| |Total resources|||||||||| |expended|||4,461,755||171,672|3,000|76,728||4,713,155| |Net gains on|||||||||| |investments||13||8,920|||36,042|113,938|158,900| |Net|||||||||| |incoming/(outgoin|||||||||| |g) resources
before transfers||||635,007|(171,672)|(3,000)|233,133|113,938|807,406| |Gross transfers|||||||||| |between
funds||14|(480,612)||657,294|28,000|(204,682)||| |Net incoming/(outgoing)|||||||||| |resources||||154,395|485,622|25,000|28,451|113,938|807,406| |Carried forward||||154,395|485,622|25,000|28„451|113,938|807,406| ## ## |Brought forward||154,395|485,622|25,000|28,451|113,938|807,406| |---|---|---|---|---|---|---|---| |Other recognised|gains and losses||||||| |Actuarial
(loss)/gain|||||||| |on defined
benefit|||||||| |pension schemes||||2,000|||2,000| |Net movement
in funds||154,395|485,622|27,000|28,451|113,938|809,406| |Fund balances at 1|||||||| |September 2020||236,880|14,189,134|(296,000)|348,857|537,727|15,016,598| |Fund balances at|||||||| |31August 2021||391,275|14,674,756|(269,000)|377,308|651,665|15,826,004| ## ## ## ||||All income funds|| |---|---|---|---|---| ||||2022|2021| |Gross income|||6,234,714|5,361,661| |(Losses)/gains|on investments||(33,600)|44,962| |Total income|in the reporting|period|6,201,114|5,406,623| |Total expenditure
from income funds|||5,607,942|4,713,155| |Net income for the year|||593,172|693,468| ## ## ## ||||||2022|2021| |---|---|---|---|---|---|---| |||||Notes||| |Fixed assets||||||| |Tangible assets||||15|14,826,998|14,711,199| |Investments||||16|740,673|865,911| ||||||15,567,671|15,577,110| |Current assets||||||| |Debtors||||17|465,229|82,141| |Cash at bank and||in|hand||1,479,811|1,357,225| ||||||1,945,040|1,439,366| |Creditors:|amounts||falling due within|18||| |one year|||||(741,139)|(739,683)| |Net current|assets||||1,203,901|699,683| |Total assets less||current liabilities|||16,771,572|16,276,793| |Creditors:|amounts||falling due after|20||| |more than|one year||||(195,539)|(181,789)| |Provisions|for liabilities|||23|(378,000)|(269,000)| |Net assets|||||16,198,033|15,826,004| |Capital funds||||||| |Endowment|funds|||25|566,522|651,665| |Income funds||||||| |Restricted|funds|||26|453,602|377,308| |Unrestricted|funds|-|Designated|27|14,615,079|14,674,756| |Unrestricted|funds|-|General||940,830|391,275| |Unrestricted|funds|-|Pension Scheme||(378,000)|(269,000)| ||||||16,198,033|15,826,004| ## ## ## ## ## |||||2022||2021|| |---|---|---|---|---|---|---|---| ||||Notes|F.|||| |Cash flows from operating||activities|||||| |Cash generated
from operations|||33||361,810||872,057| |Investing|activities||||||| |Purchase|oftangible
fixed assets|||(268,303)||(359,907)|| |Purchase|of investments|||(101,231)||(46,133)|| |Proceeds|on disposal of investments|||107,727||46,308|| |Interest received||||77,500||52,977|| |Net cash|used
in investing|activities|||(184,307)||(306,755)| |Financing|activities||||||| |Repayment
of bank loans||||(14,837)||(14,674)|| |Repayment
of pension
fund||deficit||(29,000)||(28,000)|| |Payment|of obligations
under finance leases|||(11,080)|||| |Net cash|used
in financing|activities|||(54,917)||(42,674)| |Net increase
in cash and cash equivalents|||||122,586||522,628| |Cash and|cash equivalents|at beginning|ofyear||1,357,225||834,597| |Cash and|cash equivalents|at end of|year||1,479,811||1,357,225| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---| |||funds|funds|2022|2021| |||general|||| |Donations|and gifts|47,542|(1,085)|46,457|106,251| |Legacies|receivable||||12,000| |Other specified income as below||200,394|218,870|419,264|268,240| |||247,936|217,785|465,721|386,491| |For the year ended 31August 2021||225,991|160,500||386,491| |Legacies|receivable||||| |Joan Tavira|||||12,000| ||||||12,000| ## ## ## ||||||||||| |---|---|---|---|---|---|---|---|---|---| |Donations
and legaci|es||||||||(Continued)| |||||||Unrestricted|Restricted|Total|Total| |||||||funds|funds|2022|2021| |||||||general|||| |||||||f.|||| |Grants receivable for|core||activities||||||| |Teachers Pay & Pension||Grant||||59,407||59,407|117,865| |COVID Testing
&Vaccination|||Grants|||27,028||27,028|21,550| |Access to Work|||||||||1,040| |ESFA Grants||||||107,901|8,928|116,829|1,864| |Devolved
Formula
Capital||Grant/School|||Condition||||| |Grant|||||||74,201|74,201|75,190| |The Eveson Charitable|Trust||Grant||||5,000|5,000|| |Worcester
Community|Foundation|||Grant|||2,450|2,450|| |Baron Davenport
Charitable|||Trust|Grant|||||804| |Edward
Cadbury
Charitable|||Trust Grant||||50,000|50,000|| |Pupil Premium
Funding|||||||16,001|16,001|18,072| |Celebration
Day|||||||150|150|190| |COVID Catch Up Grant|||||||(2,486)|(2,486)|21,850| |Birkdale Trust
Hl Pillow|Pads||||||1,720|1,720|1,000| |Michael Watson
Charitable||Trust|||||1,000|1,000|2,000| |Squire Foundation|||||||5,000|5,000|5,000| |ESFA Free School Meals||||||1,890|1,156|3,046|1,815| |Oxfordshire
County
Council||||||1,168||1,168|| |Apprentice
grant||||||3,000||3,000|| |The Spectacle Grant|||||||2,000|2,000|| |Specsfactory|||||||50,000|50,000|| |PF Charitable
Trust|||||||3,000|3,000|| |Other|||||||750|750|| |||||||200,394|218,870|419,264|268,240| ||||||||O||||||O|O|O| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |0|O||||||||||||O|(Q|| ||||||||O||||||O|CD|O| ||||||||(D||||||CO||CD| ||||||||||CV|(D|V||||| ||||||||CO||||CO||||| ||||||||CD
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2|| ## ## ## ||Unrestricted|Restricted|Total|Total| |---|---|---|---|---| ||funds|funds|2022|2021| ||general|||| |Swimming
pool and other hire|57,322||57,322|36,138| |Income from listed investments|1,009|19,169|20,178|16,694| |Interest receivable||||145| ||58,331|19,169|77,500|52,977| |For the year ended 31August 2021|37,118|15,859||52,977| ## ## ## ## |||2022|2021| |---|---|---|---| |Other|income|17,807|13,399| ||||Unrestricted|Unrestricted|Total|Total| |---|---|---|---|---|---|---| ||||funds|funds|2022|2021| ||||general|Designated||| |Fundraisin|and|ublicit||||| |Fundraising|Strategy
Planning||6,630||6,630|2,635| |Fundraising|activities expenditure||3,234||3,234|727| |Staff costs|||68,694||68,694|66,362| |Depreciation|and impairment|||6,778|6,778|5,529| |Fundraising|and|publicity|78,558|6,778|85,336|75,253| |For the year|ended 31August 2021|||||| |Fundraising|and|publicity|69,724|5,529||75,253| |Fundraising|activities expenditure:|||||| |Leavers dinner||expenditure|||3,234|727| ||||||3,234|727| ## ## ## |||TeachingStudent|TeachingStudent|care|Kitchen and|Specific|Total|Total| |---|---|---|---|---|---|---|---|---| ||||||domestic|purpose|2022|2021| |||||||projects||| |Staff costs||2,553,922|1,124,109||136,933||3,814,964|3,231,154| |Depreciation|and|||||||| |impairment||130,874||23,424|23,424|16,844|194,566|166,143| |Staff Training||25,136||14,559|||39,695|8,213| |Books and materials||56,933|||||56,933|19,495| |Outdoor
pursuits||1,891|||||1,891|4,738| |Educational|visits|27,889|||||27,889|3,918| |Student external courses||3,988|||||3,988|2,376| |Postage and|stationery|25,552|||||25,552|19,553| |Computer
costs||16,892|||||16,892|8,133| |Repairs and||||||||| |maintenance||65,906|||||65,906|138,000| |Sundry||13,402||4,935|||18,337|6,088| |Bad debts||15,012|||||15,012|9,848| |Subscription|s|17,064|||||17,064|10,285| |Prizes for students||860|||||860|1,057| |Examination|fees|13,181|||||13,181|7,244| |Medical costs||||3,113|||3,113|1,352| |Cleaning|||||9,676||9,676|6,376| |Food Costs|||||229,467||229,467|175,721| |Outreach||||||517|517|110| |College Improvement||||||||| |Plan||||||10,058|10,058|(35)| |Restricted
fund projects||||||54,729|54,729|1,733| |Pension
fund|interest|2,000|||||2,000|4,815| |||2,970,502|1,170,140||399,500|82,148|4,622,290|3,826,317| |Share ofsupport costs||||||||| |(see note 11)||545,605|235,614||28,759||809,978|754,353| |Share ofgovernance||||||||| |costs (see note 11)||90,338|||||90,338|57,232| |||3,606,445|1,405,754||428,259|82,148|5,522,606|4,637,902| ## ## |Analysis
by fund|Analysis
by fund||||||| |---|---|---|---|---|---|---|---| |Unrestricted|funds-||||||| |general||3,423,881|1,382,330|404,835|10,575|5,221,621|| |Unrestricted|funds-||||||| |Designated||130,874|23,424|23,424|16,844|194,566|| |Unrestricted|funds-||||||| |pension||2,000||||2,000|| |Restricted|funds|49,690|||54,729|104,419|| |||3,606,445|1,405,754|428,259|82,148|5,522,606|| |For the year ended 31||August 2021|||||| |Unrestricted|funds-||||||| |general||2,955,061|1,094,695|342,200|75||4,392,031| |Unrestricted|funds-||||||| |Designated||111,589|20,221|20,221|14,112||166,143| |Unrestricted|funds-||||||| |pension||3,000|||||3,000| |Restricted|funds|74,995|||1,733||76,728| |||3,144,645|1,114,916|362,421|15,920||4,637,902| ## ## ## |11|Support costs|||||||| |---|---|---|---|---|---|---|---|---| |||||Support|Governance|2022|2021|Basis ofallocation| |||||costs|costs|||| ||Staff costs|||416,691|17,354|434,045|450,739|| ||Administration
staff|||||||| ||training|||7,926||7,926|2,504|| ||Premises
repairs|and||||||| ||maintenance|||77,202||77,202|73,179|| ||Rates and water|||6,395||6,395|4,718|| ||Heat and light|||126,558||126,558|111,377|| ||Insurance|||46,331||46,331|39,723|| ||Transport costs|||||||| |||||13,448||13,448|16,840|| ||Postage and stationery|||11,782||11,782|11,403|| ||Telephone|||9,638||9,638|6,946|| ||Equipment
repairs|and||||||| ||maintenance|||14,739||14,739|2,201|| ||Computer costs|||30,964||30,964|27,658|| ||Adverts
for recruitment||of|||||| ||staff|||19,560||19,560|3,681|| ||Marketing
ofthe activities|||||||| ||ofthe school|||20,366||20,366|12,890|| ||Loan interest|||6,657||6,657|6,236|| ||Other interest|||1,721||1,721||| ||Audit and accountancy||||9,600|9,600|7,200|Governance| ||Legal and professional|||||||Governance| ||fees||||31,811|31,811|30,855|| ||Bank charges||||2,014|2,014|(2,458)|Governance| ||Travel expenses||||728|728|-|Governance| ||Investment
management|||||||Governance| ||fees||||6,205|6,205|5,893|| ||Recruitment||||22,626|22,626||| |||||809,978|90,338|900,316|811,585|| ||Analysed
between|||||||| ||Charitable
activities|||809,978|90,338|900,316|811,585|| ## ## ## ## ## ## |The average
|monthly
number
ofemployees
during t|he year was:|| |---|---|---|---| |||2022|2021| |||Number|Number| |Academic||71|56| |Care||48|41| |Domestic||18|20| |Administration||16|17| |||153|134| |Employment|costs|2022|2021| |||F|| |Wages and salaries||3,444,846|2,980,213| |Social security|costs|301,295|251,712| |Other pension|costs|571,562|516,330| |||4,317,703|3,748,255| |The number ofemployees
whose annual
remuneration|was f60,000 or more were:|| |---|---|---| ||2022|2021| ||Number|Number| |f60,001 - f70,000|2|1| |2100,001 - F110,000|1|1| ## ## ## ||||Unrestricted|Restricted|Endowment|Total|Total| |---|---|---|---|---|---|---|---| ||||funds|funds|funds|2022|2021| ||||general||||| |Revaluation||of investments|(6,514)|(26,316)|(83,193)|(116,023)|148,669| |Gain/loss|on|sale of investments|(153)|(617)|(1,950)|(2,720)|10,231| ||||(6,667)|(26,933)|(85,143)|(118,743)|158,900| |For the year|||||||| |ended 31|||||||| |August 2021|||8,920|36,042|113,938||158,900| ## ## |Tangible fixed assets|Tangible fixed assets||||||| |---|---|---|---|---|---|---|---| ||||Freehold
land|Plant and|Fixture and Motor Vehicles||Total| |||||Machinery|Fittings||| |||||P|||| |Cost|||||||| |At 1 September 2021|||15,037,722|648,368|337,772|66,127|16,089,989| |Additions|||63,962|85,140|119,201|48,840|317,143| |At 31August|2022||15,101,684|733,508|456,973|114,967|16,407,132| |Depreciation|and impairment||||||| |At 1 September 2021|||656,318|430,546|234,241|57,685|1,378,790| |Depreciation|charged|in the year|65,798|76,796|47,020|11,730|201,344| |At 31 August|2022||722,116|507,342|281,261|69,415|1,580,134| |Carrying
amount|||||||| |At 31 August|2022||14,379,568|226,166|175,712|45,552|14,826,998| |At 31 August|2021||14,381,404|217,822|103,531|8,442|14,711,199| ## ## ## ## ## |16|Fixed asset|investments||| |---|---|---|---|---| ||||2022|2021| ||||F|| ||Listed investments||740,673|865,911| ||Movements|in fixed asset investments||| |||||Total| ||Cost or valuation|||| ||At 31 August|2021||865,911| ||Additions|||101,231| ||Valuation
changes|||(118,742)| ||Disposals|||(107,727)| ||At 31 August|2022||740,673| ||Carrying
amount|||| ||At 31 August|2022||740,673| ||At 31 August|2021||865,911| |17|Debtors|||| ||||2022|2021| ||Amounts
falling due within one year:|||| ||Trade debtors||404,534|13,979| ||Other debtors||5,123|22,590| ||Prepayments|and accrued income|55,572|45,572| ||||465,229|82,141| ## ## ## |18|Creditors:|am|ounts|falling|due within one y|ear|||| |---|---|---|---|---|---|---|---|---|---| |||||||||2022|2021| ||||||||Notes||| ||Bank loans||||||21|14,280|14,664| ||Obligations|under finance leases|||||22|9,558|| ||Other taxation||and social security|||||68,677|65,236| ||Deferred income||||||19|372,134|446,000| ||Trade creditors|||||||41,279|46,111| ||Other creditors|||||||135,267|106,825| ||Accruals|||||||99,944|60,847| |||||||||741,139|739,683| |19|Deferred income||||||||| |||||||||2022|2021| ||Other deferred||income|||||372,134|446,000| |||||||||2022|2021| ||School fee|income received|||in advance|||367,963|439,893| ||Swimming|pool|and|other hire income received||in advance|||1,750| ||Hire an apprentice
grant||||||||3,000| ||Other income|||||||4,171|1,357| |||||||||372,134|446,000| |20|Creditors:|amounts||falling|due after more than one year||||| |||||||||2022|2021| ||||||||Notes|f|| ||Loans and|overdrafts|||||21|167,336|181,789| ||Obligations|under finance leases|||||22|28,203|| |||||||||195,539|181,789| ## ## |21|Loans and|overdrafts||||| |---|---|---|---|---|---|---| ||||||2022|2021| ||Bank loans||||181,616|196,453| ||Payable
within one year||||14,280|14,664| ||Payable after one year||||167,336|181,789| ||Amounts
included
above which||fall due after five years;|||| ||Payable
by|instalments|||(98,324)|(113,160)| |22|Finance lease commitments|||||| ||Future
minimum
lease payments||due under finance leases;|||| ||||||2022|2021| ||Within one|year|||9,558|| ||Within two|and five years|||28,203|| ||||||37,761|| |23|Provisions|for liabilities|||2022|2021| |||||Notes||| ||Retirement|benefit obligations||24|378,000|269,000| ||||||378,000|269,000| ## ## ## ## |Key assumptions||| |---|---|---| ||2022|2021| |Discount rate (%per annum)|431%|1.09%| |Discount rate (%per annum|Discount rate (%per annum|Discount rate (%per annum|Discount rate (%per annum|)|||||||||||431%|1|.09%| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |The discount
rates shown||||above|are the||equivalent|||single discount||rates which,||when|used to|discount|the| |future
recovery|plan|contributions|||due, would|||give||the|same results|as using|a|full AA|corporate|bond|yield| |curve to discount|the|same||recovery||plan contributions.|||||||||||| ||||||||||||||||2022||2021| ||||||||||||||||F||F| |Actuarial
revaluation||||||||||||||136,000||(2,000)|| |Net interest
on defined|||benefit liability/(asset)||||||||||||2,000|3,000|| |Total costs||||||||||||||138,000||1,000|| |The
amounts
included|||in|the|balance||sheet||arising||from
the|charitable|||||| |company's
obligations||in respect|||of|defined|benefit||plans||are as follows:||||||| ||||||||||||||||2022||2021| ||||||||||||||||||F| |Present value of|defined||benefit obligations|||||||||||378,000||269,000|| |Deficit in scheme||||||||||||||378,000||269,000|| ## ## ## |24|Retirement|benefit|schemes|||(Continued)| |---|---|---|---|---|---|---| ||Movements|in the present value||of defined|benefit obligations:|| |||||||2022| ||Liabilities at|1 September 2021||||269,000| ||Actuarial
revaluation|||||136,000| ||Deficit contributions||paid|||(29,000)| ||Interest cost|||||2,000| ||At 31 August|2022||||378,000| ||The defined|benefit|obligations|arise from|plans funded as follows:|| |||||||2022| |||||||P| ||Wholly
unfunded
obligations|||||| ||Wholly or partly funded
obligations|||||378,000| |||||||378,000| |||||C|||(V
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PL,||||||||||||||||||||||||| ## ## ## |donations
and grants
held|on trust for specif|ic purposes:||||| |---|---|---|---|---|---|---| ||||Movement|in funds||| ||Balance at 1|Incoming|Resources|Transfers|Revaluations,|Balance at| ||September|resources|expended||gains and|31August| ||2021||||losses|2022| |Devolved
Formula
Capital||||||| |Grant/School
Condition||||||| |Grant|35,905|66,658|(12,907)|(63,788)||25,868| |EFA Bursary
Fund Grant|1,494|1,156|(182)|||2,468| |Lightmongers
Affiliation|968||(968)|||| |Pupil Premium
Funding|8,664|6,776|(5,554)|||9,886| |Archive
Fund|2,817|||||2,817| |Surgery
Refurbishment|11|||||| |Bransford
Trust - Art|2,649|||||2,649| |Lochness Marathon-||||||| |curriculum
project|300|||||300| |Gym Girls - Bradnack||||||| |House Garden|295|||||295| |Science Project|289|||||289| |Bransford Trust Facilities|177|||||177| |Ogden Trust|992|3,540|(3,975)|||557| |N Gunston
- LRC centre|50|||||50| |Goalball
kit|37||(37)|||| |Christmas
concert|279||(279)|||| |Clarvis
Phillip Jackson|448||(448)|||| |The Beatrice Laing Trust|1,632|||||1,632| |IT Designated
Fund|34,720|112,278|(17,052)|(73,868)||56,078| |Mental
Health|21,190|11,225|(14,450)|||17,965| |KS3 Lunchtime
Activities|407|||||407| |VICTA|1,500|||||1,500| |Vl Specialist Equipment|915|||||915| |Classroom
refurbishment|14,118||(1,030)|(1,924)||11,164| |Beach Day|250|||||250| |DFE Maintenance|4,650|7,544|(4,979)|||7,215| |Music Tour|2,975|||||2,975| |Minibus|6,994||(6,250)|||744| |British Council - Erasmus||||||| |project|4,942|(4,942)||||| |Lower School Activities|11|||||| |C/fwd|149,679|204,235|(68,122)|(139,580)||146,212| ## ## ## ||||||||Movement|in funds||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||Balance at 1||Incoming||Resources||Transfers|Revaluations,||Balance at|| |||September||resources|||expended||gains and||31|August| ||||2021||||||losses|||2022| |B/fwd||149,679|||204,235||(68,122)|(139,580)||||146,212| |Staff room refurb|||474|||||||||474| |College Car|||6,784||||(5,060)|||||1,724| |Science Club|||204|||||||||204| |Judo Fund|||260|||||||||260| |Activity Week|||78||||(78)|||||| |Play Equipment|||804||100|||||||904| |COVID Catch up Grant|||19,616||(2,486)||(13,789)|||||3,341| |Pillow pads|||565||1,720||(2,285)|||||| |Orbit Braille Readers|||914|||||||||914| |Kitchen equipment|||90||||(90)|||||| |Residential
refurb|-|Lower||||||||||| |school|||||14,000|||||||14,000| |Heating
system|||||750|||||||750| |Specsfactory/Brillen|||||50,000|||||||50,000| |Cadbury
Charitable||Trust|||50,000|||||||50,000| |Celebration
day|||||250||(250)|||||| |School uniform|||||80||(80)|||||| |COVID Recovery|||||4,500||(4,500)|||||| |Tutoring
grant|||||4,428||(4,428)|||||| |Penns fundraising|||||116||(116)|||||| |Trauma
informed|school||||2,450||(2,450)|||||| |C/fwd||179,468|||330,143||(101,248)|(139,580)||||268,783| |Associated funds:||The Charitable|Company||as Trustee||administers|these funds|under their|existing trust||| |Additional
Scholarship||||||||||||| |Fund|||2,392||159||||(398)|||2,153| |Bonham
Fund|||818||64||||(78)|||804| |College Prize Fund|||354||110|||||(8)||456| |De Cordova
Fund|||27,788||771||||(2,412)|||26,147| |Eric Hamilton
Tucker trust|||83,426||14,149||||(14,705)|||82,870| |Gullick Bequest|||52,416||3,078||(3,084)|(2,087)|(6,562)|||43,761| |Hextall Foundation|||17,768||365||||(1,509)|||16,624| |Higby Fund|||5,711||138||(87)||(533)|||5,229| |Scholarship
Foundation|||7,167||336||||(728)|||6,775| |||377,308|||349,313||(104,419)|(141,667)|(26,933)|||453,602| ## ## ## ## ## |Prior year|||Movement|in funds||| |---|---|---|---|---|---|---| ||Balance at 1|Incoming|Resources|Transfers|Revaluations,|Balance at| ||September|resources|expended||gains and|31 August| ||2020||||losses|2021| |||F||||| |Devolved
Formula
Capital||||||| |Grant/School
Condition||||||| |Grant|3,648|75,190|(963)|(41,970)||35,905| |EFA Bursary
Fund Grant|7,233|1,864|(7,603)|||1,494| |Lightmongers
Affiliation|1,168||(200)|||968| |Pupil Premium
Funding|6,645|9,073|(7,054)|||8,664| |Archive
Fund|2,817|||||2,817| |Surgery
Refurbishment|1,000||(989)|||11| |Bransford
Trust - Art|2,649|||||2,649| |Lochness Marathon-||||||| |curriculum
project|300|||||300| |Gym Girls - Bradnack||||||| |House Garden|295|||||295| |Six Masters Charities-||||||| |sleeping
bags|203||(203)|||| |Science Project|114|200|(25)|||289| |Bransford Trust Facilities|177|||||177| |Ogden Trust|992|||||992| |N Gunston
- LRC centre|50|||||50| |Goalball
kit|37|||||37| |Christmas
concert|279|||||279| |Clarvis
Phillip Jackson|4,789||(4,341)|||448| |The Beatrice Laing Trust|2,280|||(648)||1,632| |IT Designated
Fund||97,293|(10,613)|(51,960)||34,720| |Mental
Health|27,959|11,000|(17,769)|||21,190| |KS3 Lunchtime
Activities|542||(135)|||407| |Y7 Catch up|1,000||(1,000)|||| |NCW Youth Club|3||(3)|||| |VICTA|1,500|||||1,500| |Vl Specialist Equipment|3,508||2,764|(5,357)||915| |Classroom
refurbishment|85,6'I1|13,500|(634)|(84,359)||14,118| |Beach Day|250|||||250| |Celebration
Day - awards|327|190|(517)|||| |C/fwd|155,376|208,310|(49,285)|(184,294)||130,107| ## ## ## ## |||||Movement|in funds||| |---|---|---|---|---|---|---|---| ||Balance at 1||Incoming|Resources|Transfers|Revaluations,|Balance at| ||September||resources|expended||gains and|31August| |||2020||||losses|2021| ||||||f||| |B/fwd|155,376||208,310|(49,285)|(184,294)||130,107| |DFE Maintenance||4,650|||||4,650| |Music Tour||2,775|200||||2,975| |Minibus||9,598||(2,604)|||6,994| |British
Council|- Erasmus||||||| |project||4,942|||||4,942| |Lifts campaign|||16,302||(16,302)||| |Lower School|Activities||||||11| |Staff room refurb||712||(238)|||474| |College car||10,904||(4,120)|||6,784| |Science Club||204|||||204| |Leavers Dinner||144|167|(311)|||| |Judo Fund||260|||||260| |Activity week||74|1,937|(1,933)|||78| |Play equipment|||804||||804| |Orbit Braille Readers|||5,000||(4,086)||914| |COVID tests|||236|(236)|||| |Garden|||89|(89)|||| |Free school meals|||1,815|(1,815)|||| |COVID Catch|up Grant||21,850|(2,234)|||19,616| |Pillow pads|||1,000|(435)|||565| |Kitchen equipment|||250|(160)|||90| |C/fwd|189,650||257,960|(63,460)|(204,682)||179,468| |Associated funds: The Charitable||Company as Trustee administers|||these funds|under their existing trusts|| |Additional|Scholarship||||||| |Fund||1,728|132|||532|2,392| |Bonham
Fund||660|53|||105|818| |College Prize|Fund|252|91|||11|354| |De Cordova
Fund||23,923|638|||3,227|27,788| |Eric Hamilton|Tucker trust|52,043|11,705|||19,678|83,426| |Gullick Bequest||54,356|2,546|(13,268)||8,782|52,416| |Hextall Foundation||15,446|302|||2,020|17,768| |Higby Fund||4,884|114|||713|5,711| |Scholarship
Foundation||5,915|278|||974|7,167| ||348,857||273,819|(76,728)|(204,682)|36,042|377,308| ## ## ## ## ## ## ## ## ||||Ne
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Q|| ## ## ## |29|Capital commitments|Capital commitments||||||2022|2021| |---|---|---|---|---|---|---|---|---|---| |||||||||F|F| ||At 31 August 2022 the||charitable||company|had capital commitments|as||| ||follows:||||||||| ||Contracted|for but not|provided|in the financial statements:|||||| ||Acquisition|of property,|plant and||equipment||||7,421| ## ## ||2022|2021| |---|---|---| |Within one year|14,288|18,568| |Between two and five years|14,002|28,291| ||28,290|46,859| |||2022|2021| |---|---|---|---| |Aggregate|compensation|457,443|452,629| ## ## ## ## |||||||||| |---|---|---|---|---|---|---|---|---| |33|Cash generated
from|operations|||||2022|2021| ||||||||f.|| ||Surplus for the year||||||372,029|809,406| ||Adjustments
for:|||||||| ||Investment
income recognised
in statement|||offinancial|activities||(77,500)|(52,977)| ||Loss/(gain)
on disposal|of investments|||||2,720|(10,231)| ||Fair value gains and losses on investments||||||116,023|(148,669)| ||Depreciation
and impairment
oftangible||fixed assets||||201,345|171,673| ||Pension
deficit||||||138,000|1,000| ||Movements
in working|capital:||||||| ||(Increase)
in debtors||||||(383,088)|(8,597)| ||Increase
in creditors||||||66,147|36,875| ||(Decrease)/increase
in|deferred
income|||||(73,866)|73,577| ||Cash generated
from|operations|||||361,810|872,057| |34|Analysis ofchanges|in net funds||||||| |||||At 1 September||Cash flows|Transfers|At 31August| ||||||2021|||2022| ||Cash at bank and
in hand|||1,357,225||122,589||1,479,814| ||Loans falling due within|one year|||(14,664)|14,837|(14,453)|(14,280)| ||Loans falling due after|more than one year|||(181,789)||14,453|(167,336)| ||Obligations
under finance leases|||||(37,761)||(37,761)| |||||1,160,772||99,665||1,260,437|