## 

## 

|||||CONTENTS||
|---|---|---|---|---|---|
||||||Pages|
|Reference and administrative|||details||3-12|
|Governors'|report|||||
||||||13 —15|
|Independent|Auditors'|report||||
|Statement|of financial|activities||||
|Balance sheet||||||
|Cash flow|statement||||19-34|
|Notes forming<br>part of||the financial||statements||





## 

|re|as set out below:|||||||||
|---|---|---|---|---|---|---|---|---|---|
|*<br>*|Co-optative<br>Governors<br>C F Dunn (Chairman)|||Nominative<br>Governors<br>J A Shackleton<br>(The Old Stopfordians||||||
|*|A P Carr (Vice Chairman)<br>P A Cuddy|||Assn ciat ion)<br>Professor<br>A|J|C|Bloor|(The University||
||Miss S E Carroll|||of Manchester)||||||
|*|P Miiner<br>Mrs S Lansbury|||Mrs C S Muscutt<br>ofthe School)|||(The|Teachi|g Staff|
||P L Giblin (to 31.06 2020|||||||||
||P J Bntton (to 31 03.2020)|||||||||
||A C Simpson|||||||||
||J M R Lee|||||||||
||N R Booth|||||||||
||J C P Mason|||||||||
||A J Gardiner|||||||||
||Dr L Gholkar<br>(from 9.12.19)|||||||||
||Co-optative<br>Governors||are|Nominative|Governors|||are appointed||
||appointed<br>by<br>the<br>Board||of|by their respective|||nominating|||
||Governors<br>for a period|of five||organisations||for|up to|two||
||years,<br>after which<br>they can||be|consecutive|three-year|||periods.||
||appointed<br>for further<br>five year|||||||||
||pei'lode.|||||||||



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||Notes|Unrestdcted<br>School<br>6|Funds<br>Designated<br>f|Funds<br>Designated<br>f|Restricted<br>Funds|Endowed<br>Funds<br>6|Endowed<br>Funds<br>6|Total Funds<br>2020<br>6|Total Funds<br>2020<br>6||Total<br>Funds<br>2019<br>5|
|---|---|---|---|---|---|---|---|---|---|---|---|
|INCOME AND ENDOyyMENTS||||||||||||
|FROIVU||||||||||||
|Charitable<br>Activities<br>School fees<br>Other educational<br>income<br>Other<br>ancillary<br>trading<br>income|2<br>3<br>3|13,910,275<br>66,634<br>889,141|||||||13,910,275<br>66,634<br>839,14i|14,143,582<br>85,940<br>1,487,857||
|Other tradmg<br>activities<br>Other income<br>investment<br>income<br>Voluntary<br>Sources<br>Donations<br>and legacies||273,648<br>27,186||87,098<br>25 157|61,963<br>349 082||||273,648<br>176,247<br>374 239||34,794<br>189,707<br>~00'|
|7ota I Income||15166 884|112255||411 045||||15690 184|1|20<br>91|
|EXPENDITURE QN:||||||||||||
|Raising funds<br>Fundraising<br>costs<br>Financing<br>costs<br>Investment<br>management|7|10,364<br>7,134||60,138|11,285||668||10,364<br>7,134<br>72,091||13,408<br>11,495<br>76,322|
|Charitable<br>activities<br>Education<br>and grantmaking<br>Tote<br>I exp en ditu re|6|~15 2 3 316<br>15230.814|~5203<br>115341||~31309<br>324 382||668||15581 616<br>~15 671 205|1<br>01<br>84<br>1615<br>2||
|NET INCOIIIIING<br>FUNDS FROM||||||||||||
|OPERATION<br>BEFORE||||||||||||
|TRANSFERS AND||||||||||||
|INVESTMENT<br>GAINSI(LOSSES)<br>Gams/(losses)<br>on investments|10|(63,930)||18,246<br>(3,086)|8,933<br>86,663||(1,970)<br>(668)||25,209<br>18,979||86,840<br>79,729|
|Transfers<br>between<br>funds|24|103 125|||103125|||||||
|NET INCOME AND IVIQVFIVIENT<br>IN FUNDS||39,195||15,160|(7,529)||(2,638)||44,188||166,569|
|Funds balances<br>at 1 September<br>Funds balances<br>at 31 August|21|20 321 007<br>3~317 6 7<br>~~|||~21<br>716<br> ~87||123190<br> ~52||26 473 560||26<br>6|





||STGCKPORT GRA)tf))y)AR SCHQOL|STGCKPORT GRA)tf))y)AR SCHQOL|STGCKPORT GRA)tf))y)AR SCHQOL|STGCKPORT GRA)tf))y)AR SCHQOL|||
|---|---|---|---|---|---|---|
||Company|number|6261625||||
||BALANCE SHEET||||||
||AS AT 31 AUGUST 2020||||||
|||||2020||2019|
||Notes||||||
|FIXEDASSETS|||||||
|Tangible<br>Fixed Assets|9||17,951,08'I|||15,881,509|
|Securities<br>Investments|10||4,492,155|||4,750,722|
|Property<br>Investments|11|||854 186||745 tlotl|
||||23,297,422|||21,377,231|
|CURRENT ASSETS|||||||
|Stocks|12|63,484|||50,504||
|Debtors|13|536,360|||599,280||
|Cash||4 703 170|||6 438 366||
|||5,303,014|||7,088,150||
|CREDITORS: Amounts|||||||
|falling due within one year|14|1 803735|||1 655 650||
|NET CURRENT ASSETS|||3|409 279||5 432 5011|
|Total Assets Less|||||||
|Current<br>Liabilities|||26,796,701|||26,809,731|
|CREDITORS: Amounts|||||||
|falling due after one year|15|||278 953||~f336 171|
|TO'TAL NET ASSETS|21||||||
|ENDOWED FUNDS|22|||120,552||123,190|
|RESTRICTED FUNDS|23||2,704,187|||2,711,716|
|UNRESTRICTED FUNDS|||||||
|Designated<br>and general|||||||
|funds|24||23|090009||23 638654|
|TOFAL FUNDS|||||||





## 

||||||Notes|2020|2019|
|---|---|---|---|---|---|---|---|
|||||||E||
|Cash flows from operating||activities:||||||
|Net cash provided<br>by operating<br>activities|||||26|~686 417|1.066 767|
|Cash flows from investing<br>activities:<br>Dividends,<br>interest and rents from investments<br>Proceeds from the sale of investments<br>Purchase<br>of investments<br>Purchase<br>offixed assets||||||176,247<br>4,218,067<br>(4,043,477)<br>~f2 454 575|189,707<br>525,511<br>l474,376)<br>~550.479|
|Net cash used<br>in investing|activities|||||2 333 738|309637|
|Cash flows from financing<br>Repayments<br>of borrowing||activities||||(80,741)<br>~T174|(143,622)<br>~11 495|
|interest<br>paid on borrowings||||||||
|Net cash used<br>in financing|activities|||||87 875|155117|
|Change<br>in cash and cash|entitlements||in the|reporting||1 735 196|602 013|
|period||||||||
|Cash<br>and<br>cash<br>equivalents<br>reporting<br>period||at the|beginning|of the|27|~6438 366|5 836 353|
|Cash and cash equivalents||at the end of the||reporting|27|4<br>0<br>1||
|period||||||||





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|HAI'ITABI|EACTIVITIES:|FEES|RECEIVABLE||||
|---|---|---|---|---|---|---|
||||Seniorf|Sunior|2020f|2019|
|The school's fee income|||||||
|comprised:<br>Gross fees|||11,978,708|3,260,810|15.239,518|15,414,885|
|Less: Total|bursades,<br>grants|and|||||
|allowances<br>funds|from unrestricted||||1 329243<br>$~0~7|1 271 303|



## 

## 

|Less: Total bursades,<br>grants<br>an<br>allowances<br>from unrestricted<br>funds|d|d||1 329243<br>$~0~7|1 271 303|
|---|---|---|---|---|---|
|After School Care fees included|in the above amounted||to f44,961|(2019:F51,789).||
|Scholarships,<br>bursaries<br>and other awards <br>tested bursaries<br>totalling f1,309,442 were||were paid to <br> paid to 117|154 pupils (2019.149). VVithin this means<br>pupils (2019:F1,264,356to 115pupils).|||
|CHARITABLE ACTIVITIES: OTHER INCOME||||||
|||||2020|2019|
|Other educational<br>charitable|activities|||F.|F|
|Entrance<br>and registration<br>fees<br>Courses<br>and sub-lettings||||30,580<br>~36054|24,220<br>61 720|
|Other ancillary<br>activities<br>Tuck shop<br>Schoolrneals||||5,070<br>569,679|6,696<br>878,730|
|Morning<br>club<br>School trips<br>Fee interest received||||3,340<br>308,274<br>~2778|5,052<br>596,893<br>4B6|
|Other incoming<br>resources<br>Governm en t grant<br>Other||||174,796<br>~98 852<br>~68|34794|
|INVESTMENT<br>INCOME||||||
|||||Total|Total|
||Unrestrictedf||Restricted<br>f,|2020f|2019f|
|Bank interest received||27,977|579|28,556|32,691|
|Dividends<br>received||48,392|61,384|109,776|111,888|
|investment<br>property<br>rentai||~37915<br>114284|~61 963|37915<br>176247|45 128<br>189707|





## 

## 

|DONATIONS<br>AND LEGACIES|||||||
|---|---|---|---|---|---|---|
||||||Total|Total|
|||Unrestrictedf||Restrictedf|2020f|2019f|
|General<br>appeal donations<br>Bursary appeal donations||25,157||140,200|25,157<br>140,200|2,965<br>104,147|
|Prize fund donations||||38|38|38|
|School donations||||1,250|1,250|6,967|
|Stopfordians||||1,884|1,884|28,915|
|Bursaries from Stockport Grammar|||||||
|School Educational<br>Foundation||||80,388|80,388|70,200|
|Baxendaie Bursary||||||23,400|
|Stopfordian<br>Trust Bursary||||17,997|17,997|23,400|
|6w form quad<br>building<br>donation<br>Hallam Trust||||103,125<br>~4200|103,125<br>4200||
|ANALYSIS OF TOTAL RESOURCES EXPENDED|||||||
|a)<br>Total expenditure|Staff||Other|Depreciation|Total|Total|
||costs<br>6||costsf||2020f|2019f|
|Costs ofgenerating<br>funds;<br>Financing costs (note 7)|||7,134||7,134|11,495|
|Investment<br>management|||72,091||72,091|76,322|
|Fundraislng<br>for voluntary|||||||
|resources|||10364||10364|13408|
|Total costs ofgenerating|||||||
|funds:|||69589||89589|1012|
|Charitable<br>activities|||||||
|Teaching|9,273,010|916,337|||10,189,347|9,762,010|
|Welfare|600,059|674,548|||1,274,607|1,424,236|
|Premises|200,444|1,041,254||583,529|1,625,227|1,999,572|
|Loss on disposai<br>offixed asset||||||296,000|
|Support costs and governance|909,019|909,830||106,536|1,925,385|2,170,094|
|Grants, awards<br>and prizes<br>(note 6 (b))<br>Total charitable<br>expenditure|~182532|36 050<br>3909019||690065|367050<br>~15 581616|~619 5<br>16013847|
|Total resources<br>expended|||||||
|b)<br>Grants, awards and prices|||||||
||||||2020f|2019f|
|From Restricted Funds:|||||||
|Bursaries and other grants|||||311,847|327,609|
|From Unrestricted<br>Funds:|||||||
|Bursaries and other awards|||||55 203|4326|





## 

## 

|DONATIONS<br>AND LEGACIES|||||||||
|---|---|---|---|---|---|---|---|---|
||||||||Total|Total|
||||Unrestrictedf||Restrictedf||2020f|2019f|
|General<br>appeal donations<br>Bursary appeal donations|||25,157||140,200||25,157<br>140,200|2,965<br>104,147|
|Prize fund donations||||||38|38|38|
|School donations|||||1,250||1,250|6,967|
|Stopfordians|||||1,884||1,884|28,915|
|Bursaries from Stockport Grammar|||||||||
|School Educational<br>Foundation|||||80,388||80,388|70,200|
|Baxendaie Bursary||||||||23,400|
|Stopfordian<br>Trust Bursary|||||17,997||17,997|23,400|
|6w form quad<br>building<br>donation<br>Hallam Trust|||||103,125<br>~4200||103,125<br>~4200||
||||||~39||||
|ANALYSIS OF TOTAL RESOURCES EXPENDED|||||||||
|a)<br>Total expenditure|||||||||
||Staff|||Other|Deprec&ation||Total|Total|
||costsf|||costs<br>F|||2020|2019f|
|Costs ofgenerating<br>funds:|||||||||
|Financing costs (note 7)||||7,134|||7,134|11,495|
|Investment<br>management||||72,091|||72,091|76,322|
|Fundraislng<br>for voluntary<br>resources||||10364|||~10364|13408|
|Total costs ofgenerating|||||||||
|funds:||||89589|||89589|101225|
|Charitable<br>activities|||||||||
|Teaching|9,273,010||916,337||||10,189,347|9,762,010|
|Welfare|600,059||674,548||||1,274,607|1,424,236|
|Premises|200,444||1,041,254||583,529||1,825,227|1,999,572|
|Loss on disposal offixed asset||||||||296,000|
|Support costs and governance|909,019||909,830||106,536||1,925,385|2,170,094|
|Grants, awards<br>and prizes|||||||||
|(note 6 (b))<br>Total charitable<br>expenditure|~182|32|367050<br>3909019||~69|065|367050<br>~15 581 616|361935<br>16013847|
|Total resources expended|||||||||
|b)<br>Grants, awards and prices|||||||||
||||||||2020f|2019<br>F|
|From Restricted Funds:|||||||||
|Bursaries and other grants|||||||311,847|327,609|
|From Unrestricted<br>Funds:|||||||||
|Bursaries and other awards|||||||55203|34326|





## 

## 

|c)<br>Governance<br>included<br>In support costs;|c)<br>Governance<br>included<br>In support costs;||||||2020f||2019<br>F|
|---|---|---|---|---|---|---|---|---|---|
|Remuneration<br>paid to auditor <br>Remuneration<br>paid to auditor <br>Remuneration<br>paid to auditor <br>Reimbursement<br>of personal<br>Other governance<br>costs|for audit services<br> for assurance<br>services<br> for non-audit<br>related services<br>expenses to Governors||||||15,000<br>615<br>2,100<br>3,200<br>~4335||15,000<br>595<br>1,600<br>5,073<br>47618|
|Course and travel expenses were claimed<br>by 2 Governors||||(2019:7).||||||
|FINANCE AND OTHER COSTS||||||||||
||||||||2020||2019|
||||||||6|||
|Bank loan interest|||||||||~1|
|STAFF COSTS AND RELATED PARTY TRANSACTIONS||||||||||
||||||||2020||2019|
||||||||6|||
|The aggregate<br>payroll costs for the year|||were as|||||||
|follows:<br>Wages and salaries<br>Social security costs<br>Other Pension costs||||||8,434,057<br>866,021<br>1 662 464<br>2surau||8,440,149<br>858,982<br>1 221663<br>23urru24||
|Neither the Governors<br>nor any persons<br>connected<br>with them received|||||||any remuneration||or other|
|benefits for their work on the|Governing<br>body.|||||||||
|During the year, one settlement<br>agreement|||of510,000 was||paid.||2020||2019|
||||||||6||E|
|Aggregate<br>employee<br>benefits ofkey management||||personnel||||||
|The number<br>of higher paid|employees<br>was||||||2020<br>No.||2019<br>No.|
|Taxable emoluments<br>band:||||||||||
|560,001 - 570,000||||||||||
|F70,001 - 580,000||||||||||
|580,001 -590,000||||||||||
|f100,001 - 5110,000||||||||||
|F110,001 - 5120,000||||||||||
|5120,001 - F130,000||||||||||
|The average<br>number<br>of employees<br>during <br>number of employees<br>calculated<br>on a full||the year was 301 (2019:304), whilst the average<br> time equivalent<br>basis was:||||||||
||||||||2020||2019|
||||||||No.||No.|
|Teaching<br>Welfare<br>Premises<br>Support|||||||127<br>28<br>7<br>62||131<br>27<br>7<br>60|





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## 

|Governance<br>included<br>Insupport costs;|||||||
|---|---|---|---|---|---|---|
|c)<br><br><br>||||2020f||2019<br>5|
|Remuneration<br>paid to auditor for audit services<br>Remuneration<br>paid to auditor for assurance<br>services<br>Remuneration<br>paid to auditor for non-audit<br>related services<br>Reimbursement<br>of personal<br>expenses to Governors<br>Other governance<br>costs||||15,000<br>615<br>2,100<br>3,200<br>~47335||15,000<br>595<br>1,600<br>5,073<br>47618|
|Course and travel expenses were claimed<br>by 2 Governors|(2019:7).||||||
|FINANCE AND OTHER COSTS|||||||
|||||2020||2019|
|||||6|||
|Bank loan interest||||||~1|
|STAFF COSTS AND RELATED PARTY TRANSACTIONS|||||||
|||||2020||2019|
|||||6||E|
|The aggregate<br>payroll costs for the year were as|||||||
|follows:<br>Wages and salaries<br>Social security costs<br>Other Pension costs|||8,434,057<br>866,021<br>1 662 666<br>2s$2562||8,440,149<br>858,982<br>1 227 663||
|Neither the Governors<br>nor any persons<br>connected<br>with them received||||any remuneration||or other|
|benefits for their work on the Governing<br>body.|||||||
|During the year, one settlement<br>agreement<br>of510,000was||paid.||2020||2019|
|Aggregate<br>employee<br>benefits ofkey management|personnel||||||
|The number<br>of higher paid employees<br>was||||2020<br>No.||2019<br>No.|
|Taxable emoluments<br>band:|||||||
|560,001 - 570,000|||||||
|570,001 - F80,000|||||||
|580,001 -590,000|||||||
|f100,001 - 5110,000|||||||
|F110,001 - f120,000|||||||
|f120,001 - 5130,000|||||||
|The average<br>number<br>of employees<br>during the year was 301 (2019;304), whilst the average<br>number of employees<br>calculated<br>on a full time equivalent<br>basis was:|||||||
|||||2020||2019|
|||||No.||No.|
|Teaching<br>Welfare<br>Premises<br>Sup port||||127<br>28<br>7<br>62||131<br>27<br>7<br>60|





## 

## 

|ANGIBLE FIXEDASS|ETS||||||
|---|---|---|---|---|---|---|
||Assets under|Freehold|Fixtures &|Computer|iucicr|Total|
||construction|Land &|Fittings|System<br>&|Vehicles||
|||Buildings||Cabung|||
|||E||E|||
|Cost|||||||
|1 September 2019<br>Additions|497,872<br>2,479,529|18,537,688<br>28,781|2,057,946<br>190,587|902,051<br>66,057|24,262|22,019,819<br>2,764,954|
|D is pcs a is<br>Transfer|(5,317)<br>~52|~597|(70,656)|(23,624)||(99,597)|
|31August2020|||||||
|Depreciaucn|||||||
|1 September 2019<br>Charge for Year<br>Eliminated<br>on diepussle<br>31August 2020||4,164,716<br>361,235|1,179,106<br>222,294<br>~06|770,226<br>106,536<br>~624|24,262|6,138,310<br>690,065<br>~2|
|Net book value|||||||
|31 August2020|||||||
|31August 2019|||||||



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|||||Designated<br>Fundsf|Total<br>2020|Total<br>2019<br>6|
|---|---|---|---|---|---|---|
|Valuation<br>at <br>Addition||1 September|2019|745,000<br>109186|745,000<br>109186|745,000|
|Valuation|at|31 August 2020|||||



## 

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## 

|OCKS||||||
|---|---|---|---|---|---|
|||||2020|2019|
||||||6|
|Goods for resale and consumables||||||
|EBTORS||||||
|e within one year:||||||
|||||2020f|2019<br>6|
|Trade debtors:<br>Fees outstanding<br>Bad debt provision<br>School fees<br>Other debtors<br>Deferred<br>payments<br>for supplies<br>Prepayments||for the following|year|304,225<br>~25 608<br>58,617<br>87,474<br>41,725<br>~348 544|71,007<br>{443670<br>27,337<br>234,747<br>70,459<br>266 737|



|REDITORS: Amounts<br>falling due within one ye|ar||
|---|---|---|
||2020<br>6|2019f|
|Bank loan<br>Trade creditors<br>Taxation and social security<br>Other creditors<br>Fee deposits (see note 16)<br>Fees in advance (see note 17)<br>Accruals and deferred<br>income|84,754<br>583,271<br>205,209<br>53,394<br>48,160<br>366,848<br>~462 099|80,802<br>573,387<br>208,273<br>96,575<br>57,699<br>210,694<br>428 220|





## 

## 

|REDITORS: Amounts<br>falling due after one yea|r||
|---|---|---|
||2020|2019|
|||f|
|Bank loans<br>Fee deposits (see note 16)<br>Feesin advance|28,7'l3<br>225,858<br>24 382|113,406<br>210,768<br>11997|
||27L853||



## 

|The bank loans fall due as follows.|The bank loans fall due as follows.||||
|---|---|---|---|---|
|Between one and two years||2020f<br>~87||2019<br>~4|
|FEE DEPOSITS|||||
|Fee deposits are returned|via the offset of future fees (or alternatively|as a donation|to the||
|School) and are expected|to be applied as follows||||
|||2020f||2019f|
|In one year or less<br>Between one and two years<br>Between two and five years<br>Over five years||48,160<br>17,850<br>76,598<br>131410||57,699<br>15,750<br>68,700<br>126.318|
|||~2|||
|IViovements<br>offee deposits|||||
|||2020f||2019|
|Balance at 1 September<br>New deposits<br>received<br>Deposits utilised||268,467<br>135,020<br>~129469||253,500<br>128,409<br>~113442|
|Balance at 31 August|||||



## 

|urned,<br>subject to specific conditions<br>but, assumi<br>vance fees will be applied as follows:|ng<br>the relevant<br>pupils remain<br>in the|School,|
|---|---|---|
||2020f|2019|
|In one year or less<br>Between one and two years|342,466<br>24 382|210,694<br>11 997|
||~366||







|FOR THE YE|AR E||I3ED 31|AUGUST 2020||||
|---|---|---|---|---|---|---|---|
|Movements<br>on advance fees:||||||||
||||||2020||2019|
||||||6||6|
|Balance at 1 September<br>New advance fees received<br>Amounts<br>utilised<br>in payments||||222,691<br>354,851<br>~210 694|||233,601<br>222,691<br>{2233 601|
|Balance at 31 August||||||||
|FINANCIAL<br>INSTRUMENTS||||||||
||||||2020||2019|
||||||6|||
|Financial assets||||||||
|Financial assets measured<br>at fair value <br>income<br>and expenditure|||through|5,347,741|||5,495,722|
|Financial assets measured<br>at fair value|||compnse|assets held as investments.||||
|The School's income, expense,|gains|and losses||in respect of financial|instruments|are||
|summarised<br>below||||||||
||||||2020||2019|
||||||6||2|
|Total investment<br>income for financial||assets||||||
|measured<br>at fair value through<br>expenditure|income||and||176,247||189,707|
|Net gains/(losses)<br>on financial <br>fair value through<br>income and|assets measured<br> expenditure|||at|25,209||79,729|
|Impairment<br>losses on financial<br>amortised<br>cost|assets||measured|at|211,368||31,625|



## 

|cancelia|b|le<br>operating<br>leases was:|||
|---|---|---|---|---|
||||2020|2019|
||||6|6|
|Within<br>Within<br>Greater|1 <br>1 <br>|year<br> —5years<br> than 5years|23,700<br>48,000<br>23 000|23,700<br>48,000<br>35000|



## 



## 

## 

|The Charity's||net asset|s bel|ong to the vano|ong to the vano|us funds as|us funds as|us funds as|follow|s:||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Fixed Assets||Investments|||Net|Current|Long|tecum|Fund|
|||||||||||Assets/|(Liabilities)||Balances|
||||||||||(Liabilities)||||2020|
|||||||||8||6||||
|Endowment||funds|||||109,969|||10,583|||120,552|
|Restricted|funds|||||2,207,131||||497,056|||2,704,187|
|Unrestncted||funds||17951|081|3|029|241|2|991 641|~278 953||23 693009|
|Comparative||net assets of the funds|||of the|Charity —2019.||||||||
|||||Fixed Assets||Investments|||Net|Current|Long|term|Fund|
|||||||||||Assets/|{Liabilities)||Balances|
||||||||||(Liabilities)||||2019|
|||||||||6||6|||5|
|Endowment||funds|||||122,000|||1,190|||123,190|
|Restricted|funds|||||2,333,284||||378,432|||2,711,716|
|Unrestricted||funds||15881|509|3|040|438|5|052 878|~336 171||23 638 654|
|ENDOWED||FUNDS: MOVEMENTS|||IN THE YEAR|||||||||
||||At|1 Sept|Incoming||Amounts|||Investment||Transfers|At 31|
|||||2019|Resources||Expended|||Gains<br>/|||August|
|||||||||||(Losses)|||2020|
|Permanent|||||||||||6||5|
|en dowm ents:||||||||||||||
|Endowment||||I9,162|||||||424||19,586|
|Prize Funds||||26,167|||||||580||26,747|
|Sykes Trust||Fund||77 861|||||~668|{22974|||74219|
|Comparative||endowed|fund|—2019:||||||||||
||||At|'I Sept|Incoming|||Amounts||Investment||Tiansfers|At 31|
|||||2018|Resources||Expended|||Gains<br>/|||August|
|||||||||||(Losses)|||2019|
|Permanent|||||||||||||6|
|endowments:||||||||||||||
|Endowment||||17,940||||||1,222|||19,162|
|Prize Funds||||24,499||||||1,668|||26,167|
|Sykes Trust||Fund||76 670|||||~485|1|676||77 861|
||||1~19|||||||||||



## 



## 

## 

## 

|RESTRICTED FUNDS:|MOt/Eit/IENTS|IN THE YEA|R||||
|---|---|---|---|---|---|---|
||At 1 Sept<br>2019|Incoming<br>Resources|Amounts<br>Expended|Investment<br>Gains<br>/<br>(Losses)|Transfers|At 31<br>August<br>2020|
|||6|||||
|Benjamin<br>Smith Fund<br>Bursary Appeal<br>Pnze funds<br>Sykes Trust Funds<br>Sports|96,734<br>1,321,674<br>8,832<br>350<br>868|2,860<br>167,167<br>1,108<br>1,702<br>1,250|(1,430)<br>(96,534)<br>(1,108)<br>(1,702)<br>(1,250)|2,067<br>13,100<br>196||100,231<br>1,405,307<br>9,028<br>350<br>868|
|Stockport Grammar|||||||
|School Educational<br>Foundation<br>Bursary<br>Roy Clough<br>Fund<br>Nicholas<br>Henshall|8,068<br>1,095,592<br>155,850|80,388<br>25,441<br>3,742|(80,388)<br>(79,198)<br>(37,131)|3,378<br>(9,808)||8,068<br>1,045,213<br>112,653|
|Stopfordian<br>Trust<br>Bursary<br>Old Stopfordlans<br>Fund<br>6e Form quad<br>building<br>The Hallam<br>Trust|23,848|17,997<br>2,065<br>103,125<br>4,200|(17,997)<br>(3,444)<br>~4200||(103,125)|22,470|
|Comparative<br>restricted|funds —2019;||||||
||At 1 Sept<br>2018|incoming<br>Resources<br>f|Amounts<br>Expended<br>f|Investment<br>Gains<br>/<br>(Losses)f|Transfers|At 31<br>August<br>2019f|
|Benjamin<br>Smith Fund<br>B~rsary Appeal<br>Pnzefunds<br>Sykes Trust Funds<br>Sports|90,927<br>1,286,335<br>8,269<br>350<br>1,613|2,806<br>130,606<br>1 087<br>2,093<br>6,967|(2,948)<br>(96,203)<br>(1,087)<br>(2,093)<br>(7,712)|5,949<br>836<br>563||96,734<br>1,321,574<br>8,832<br>350<br>868|
|Stockport Grammar|||||||
|School Educational<br>Foundation<br>Butsary<br>Roy Clough<br>Fund<br>Nicholas<br>Henshall|4,558<br>1,117,199<br>186,975|70,200<br>26,240<br>4,004|(66,690)<br>(80,654)<br>(40,148)|32,807<br>5,019||8,068<br>1,095,592<br>155,850|
|Baxendale<br>Bursary||23,400|(23400)||||
|Stopfordian<br>Trust<br>Bursary<br>Old Stopfcrdians<br>Fund||23,400<br>29013|(23,400)<br>~5165|||23 848|





## 

|UNRESTRICTED F|UNDS: II/IOVEl|illENTS<br>IN TH|E YEAR||||
|---|---|---|---|---|---|---|
||At 1 Sept<br>2019|Incoming<br>Resources|Amounts<br>Expended|Investment<br>Gains )<br>(Losses)|Transfers|At 31<br>August<br>2020|
|Designated||||6|||
|Funds:|||||||
|Albert Johnston<br>Fund<br>Investment<br>Fund<br>General<br>appeal|18,775<br>3,089,772<br>150,214|29<br>84,190<br>26,176|(1,500)<br>(107,842)|16,878||17,304<br>3,082,998<br>176,390|
|The Pilkingtcn<br>Fund|58 886|1 860|~5999|'I 368||56 115|
|Genera<br>I Reserve|3,317,647<br>20 321 007|112,255<br>15 166884|(115,341)<br>~5»<br>1|18,246|103125|3,332,807<br>~20 360 202|
|Comparative<br>unrestricted<br>funds —2019:|||||||
||At 1 Sept<br>2018|Incoming<br>Resources|Amounts<br>Expended|Investment<br>Gains i|Transfers|At 31<br>August|
|||||(Losses)||2019|
|Designated||||6|||
|Funds:|||||||
|Albert Johnston|||||||
|Fund<br>Investment<br>Fund<br>General<br>appeal|19,942<br>3,066,032<br>146,139|436<br>86,158<br>4,075|(1,000)<br>(89,134)|(603)<br>26,716||18,775<br>3,089,772<br>150,214|
|The Pilkington<br>Fund|58555|2305||3876||~58 886|
|General Reserve|3,290,668<br>20 200 988|92,974<br>15789 122|(95,984)<br>~91|29,989||3,317,647<br>20 321 007|





## 

## 

## 



## 

## 

## 

|OPERATING ACTIVITI|ES||||||
|---|---|---|---|---|---|---|
||||||2020|2019|
|||||||5|
|Net income for the reporting|||period (as per the||||
|statement<br>offinancial|activities)||||44,188|166,569|
|Adjustments<br>for:|||||||
|Depreciation<br>charges|||||690,065|713,862|
|Loss on asset disposal||||||296,000|
|Assets under construction||written||offto expenditure|5,317||
|Gains on investments|||||(25,209)|(79,729)|
|Dividends,<br>interest and|rents from|||investments|(176,247)|(189,707)|
|increase<br>in stocks|||||(12,980)|(1,046)|
|Decrease/(Increase)<br>in|debtors||||62,920|(55,587)|
|Increase<br>in creditors|||||91,229|204,910|
|Interest<br>paid on borrowings|||||7 134|11495|
|Net cash provided<br>by|operating|||activities|||
|ANALYSIS OF CASH AND||CASH||EQUIVALENTS|||
||||||2020|2019|
|||||||6|
|Cash at bank|||||4 703 170|6 438 366|
|Total cash and cash equivalents|||||||



## 

|NAL|YSIS OF|C|HA|NGES<br>IN NET DEB|T|||
|---|---|---|---|---|---|---|---|
|||||At 1 September|Cash flows|Non-cash|At 31|
|||||2019||changes|August 2020|
|Cash|at bank|||6,438,366|(1,735,196)||4,703,170|
|~ebt|due within||1|||||
|year||||(80,802)|80,741|(84,693)|(84,754)|
|Debt|due after|1||||||
|year||||~113k4n6k||84693|28 713|



## 

## 



## 

## 

||Notes|I/nrestricted|Funds|Reftricted<br>Funds|Endowed<br>Funds|Total Funds|Total<br>Funds|
|---|---|---|---|---|---|---|---|
|||School<br>8|Designated<br>8|||2019f|2018f|
|INCONIE AND ENDOWIVlENTS||||||||
|FROM:||||||||
|Charitable<br>Activities<br>School fees<br>Other educabonal<br>mcome<br>Other ancillary<br>trading<br>income|2<br>3<br>3|14 143 582<br>85,940<br>1,487,857||||14,143,582<br>85,940<br>1,487,857|14,094,604<br>91,743<br>1,294,786|
|Other trading<br>activities<br>Other income<br>Investment<br>income||34,794<br>36,909|90,049|62,749||34,794<br>189,707|66,248<br>191,023|
|Voluntary<br>Sources<br>Donations<br>and legacies|5|40|2 925|~27 067||260 032|~220|
|Total income||15 789 122|92974|319816||16 201 912|155c<br>001|
|EXPENDITURE ON:||||||||
|Raising funds<br>Fundraismg<br>costs<br>Financing<br>costs<br>Investment<br>management|7|13,408<br>11,495|61,658|14,179|485|13,408<br>11,495<br>76,322|20,208<br>17,501<br>48,137|
|Charitable<br>activities<br>Education<br>and grantmalring||15644 200|34326|335 32'I||16013 847|15 13|
|Total expenditure|6|15669 103|95984|~39500|485|16115072|24 316|
|NET INCOMING<br>FUNDS FROM||||||||
|OPERATION<br>BEFORE||||||||
|TRANSFERS AND||||||||
|INVESTIVIENT<br>GAINS/(LOSSES)||120,019|(3,010)|(29,684)|(485)|86,840|734,685|
|Gains/(losses)<br>on investments|10||29,989|45,174|4,566|79,729|107,019|
|Transfers<br>between funds|24|||||||
|NET INCONIE AND MOVEMENT<br>IN FUNDS||120,019|26,979|15,490|4,081|166,569|841,704|
|Funds balances<br>at 1 September||20 200 988|3 290 668|2696 226|119109|26 306 991|65 287|
|Funds balances<br>at 31 August|21|||||||