| Notes | Unrestricted | Funds | Restricted | Endowed | Total Funds | Total | Funds | ||
|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | ||||||||
| School f |
Designated f |
f | f | 2022 | 2021 f |
||||
| INCOME AND ENDOWMENTS | |||||||||
| FROM: | |||||||||
| Charitable Activities School fees Other educational income Other ancillary trading income |
2 3 3 |
15,984,616 118,160 1,041,419 |
15,984,616 118,160 1,041,419 |
15,271,314 76,380 589,362 |
|||||
| Other trading activities Other income Investment Income |
39,613 1,696 |
111,525 | 53,242 | 39,613 166,463 |
70,092 179,136 |
||||
| Voluntary Sources Donabons and legacies Total Income |
5 | ~1000 18165 58I4 |
~120( ~12 |
23 748 |
~3568 392893I |
25 791 891 08 |
1 | 24845 35272 |
|
| EXPENDITURE ON: | |||||||||
| Raising funds Fundra/sing costs Financing costs Investment management |
29,672 137 |
69,420 | 15,930 | 545 | 29,672 137 85,895 |
84,459 3,467 81,450 |
|||
| Charitable activities Education and grantmaking |
~716 | 44 | 853 | ~1327 | - | 171714340 | ~16 | 410 | |
| Total expenditure | 6 | ~(2 | ~71 | ~2 | |||||
| NET INCOMING FUNDS FROM |
|||||||||
| OPERATION BEFORE |
|||||||||
| TRANSFERS AND | |||||||||
| INVESTMENT GAINS/(LOSSES) |
1,439,280 | 1,198,675 | 63,608 | (545) | 2,701,018 | 141,486 | |||
| Gains/(losses) on investmsnts |
10 | (286,850) | (275,115) | (6,025) | (567,990) | 975,789 | |||
| Gains/(losses) on Investment |
260,814 | ||||||||
| property | |||||||||
| Transfers between funds NET INCOME AND MOVEMENT |
24 | 1,439,280 | 911,825 | (211,507) | (6,570) | 2,133,028 | 1,378,089 | ||
| IN FUNDS Funds balances at 1 September |
~6 | ~23 | ~42 | ~237 | ~64 | ||||
| Funds balances st 31 August | 21 |
| FOR THE Y | EAR E | NDED 3 | 1 AUGU | ST 2022 | |
|---|---|---|---|---|---|
| Notes | 2022 | 2021 | |||
| 6 | |||||
| Cash flows from operating activities: |
|||||
| Net cash provided by operating activities |
26 | ~1417348 | 712942 | ||
| Cash flows from investing activities: Dividends, interest and rents from investments Proceeds from the sale of investments |
166,463 989,672 |
179,136 786,036 |
|||
| Proceeds from the sale offixed assets Purchase of investments Purchase of fixed assets |
7,200 (824,252) ~1D83632 |
(804,238) ~1881 831 |
|||
| Net cash used in investing activities |
744 549 | 1 720597 | |||
| Cash flows from financing activities Repayments of borrowing Interest paid on borrowings |
(29,133) ~137 |
(84,333) ~3467 |
|||
| Net cash used in financing activities |
29 270 | 87800 | |||
| Change in cash and cash entitlements pened |
in the | reporting | 643 529 | 1 095455 | |
| Cash and cash equivalents at the reporting period |
beginning | of the | 27 | ~3607715 | 4 703 170 |
| Cash and cash equivalents at the end of the period |
reporting | 27 |
| Seniorf | Juniorf | 2022 F |
2021f | ||||
|---|---|---|---|---|---|---|---|
| The school's fee income | |||||||
| comprised: Gross fees |
13,753,251 | 3,492,060 | 17,245,311 | 16,502,539 | |||
| Less: Total allowances funds |
bursaries, grants and from unrestricted |
~2269 695 ~6 |
~1231 225 | ||||
| After School | Care fees induded | in | the above amounted | to 642,961 | (2021:f18,305). |
| HARITABLE ACTIVITIES: O | THER INCOME | |||
|---|---|---|---|---|
| Other educational charitable Entrance and registration fees Courses and sub-lettings |
activities | 2022f 30,950 87210 |
2021 F 33,069 43311 |
|
| Other ancillary activities School meals Morning dub School trips Fee interest received |
1,025,438 1,292 13,761 928 |
574,824 1,152 13,386 |
||
| Other incoming resources Government grant Other |
39613 39m |
46,078 24 014 |
||
| 4. INVESTMENT INCOME |
||||
| Total | Total | |||
| Unrestrictedf | Restrictedf | 2022f | 2021f | |
| Bank interest received Dividends received Investment property rental |
6,071 45,402 61 748 ~113221 |
4,590 48,652 53242 |
10,661 94,054 61 748 166463 |
5,797 111,076 62 263 179136 |
| c) Governance |
Included in su |
pport co | sts: | |||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| E | E | |||||
| Remuneration paid to auditor Remuneration paid to auditor Remuneration paid to auditor Reimbursement of personal Other governance costs |
for audit services for assurance services for non-audit related services expenses to Governors |
16,370 650 1,735 291 21 361 |
15,300 635 1,625 685 54463 |
|||
| Course and travel | expenses were daimed | by 2 Governors (2021:1). | ||||
| FINANCE AND | OTHER COSTS | |||||
| 2022 | 2021 | |||||
| F | E | |||||
| Bank loan interest | 132 | |||||
| STAFF COSTS AND RELATED PARTY TRANSACTIONS | ||||||
| 2022 | 2021 | |||||
| E | E | |||||
| The aggregate | payroll costs for the year were as | |||||
| follows: | ||||||
| Wages and salaries Social security costs Other Pension costs |
9,268,170 974,406 1 776089 12J)18~ |
8,983,625 930,830 1 143335 |
| greements in the curr |
ent year. | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| E | E | ||||
| Aggregate employee |
benefits of key management | personnel | |||
| The number of higher |
paid employees | was | 2022 No. |
2021 No. |
|
| Taxable emoluments | band: | ||||
| F60,001 - E70,000 | |||||
| E70,001 - E80,000 | |||||
| E80,001 - E90,000 | |||||
| E90,001 - E100,000 | |||||
| E120,001 - E130,000 |
| he average number of employees during umber of employees calculated on a full |
the year was 321 (2021:307), whilst the time equivalent basis was: |
average |
|---|---|---|
| 2022 | 2021 | |
| No. | No. | |
| Teaching Welfare |
153 21 |
129 26 |
| Premises | 7 | 7 |
| Support | 43 | 63 225 |
| Page 29 |
| Designated | Total | Total | ||||
|---|---|---|---|---|---|---|
| Funds 6 |
2022 f |
2021 | ||||
| Valuation | at | 1 September | 2021 | 1,115,000 | 1,115,000 | 854,186 |
| Addition | 1,200,000 | 1,200,000 | ||||
| Revaluation | gain | 260 814 | ||||
| Valuation | at | 31 August 2022 |
| OCKS | |||||
|---|---|---|---|---|---|
| 2022 F |
2021f | ||||
| Goods for resale and consumables | |||||
| EBTORS | |||||
| e within one year: | |||||
| 2022f | 2021 8 |
||||
| Trade debtors: | |||||
| Fees outstanding Bad debt provision |
60,754 ~39300 |
67,347 ~28886 |
|||
| School fees | 21,454 | 38,461 | |||
| Other debtors and accrued income | 1,446,622 | 72,373 | |||
| Deferred payments for Pre payments |
supplies | for the following | year | 82,522 ~250 646 |
53,995 301 833 |
| REDITORS: Amounts | falling due within one | year | |||
| 2022 | 2021 | ||||
| 6 | |||||
| Bank loan | 29,133 | ||||
| Trade creditors | 581,601 | 642,664 | |||
| Taxation and social security Fee deposits (see note 16) Fees in advance (see note 17) Other creditors |
237,638 65,012 180,817 37,128 |
213,135 54,949 287,738 18,363 |
|||
| Accruals and deferred | income | ~1033790 | 372 047 |
| NANCIAL INSTRUMENTS |
|||
|---|---|---|---|
| 2022f | 2021 6 |
||
| Financial assets | |||
| Financial assets measured income and expenditure |
at fair value through | 7,067,736 | 6,601,146 |
| Financial assets measured | at fair value comprise assets | held as investments. |
| summarised belo |
w; | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| 6 | 6 | ||||
| Total investment | income for financial assets | ||||
| measured at fair expenditure |
value through | income and | 166,463 | 179,136 | |
| Net (losses)lgains fair value through |
on financial income and |
assets measured expenditure |
at | (567,990) | 1,236,603 |
| Impairment (losses)/gains on measured at amortised cost |
financial assets | (12,242) | 143,684 |
| non-can | c | ellable operating leases was: |
||
|---|---|---|---|---|
| 2022 | 2021 | |||
| F | F | |||
| Within Within Greater |
1 1 |
year —5years than 5years |
127,340 420,560 |
23,700 48,000 ~11 00 |
| At 31 August 2022 the total of the | At 31 August 2022 the total of the | School | has commitments | to make future minimum |
lease |
|---|---|---|---|---|---|
| payments | under non-cancellable | operating | leases as follows: 2022 |
2021 | |
| F | |||||
| Within 1 Within 1 |
year —5years |
18,486 40,981 |
18,486 54,835 |
||
| Greater | than 5years | 73321 |
| 3. RESTRICTED |
FUNDS: MOVE | MENTS IN T |
HE YEAR | ||||
|---|---|---|---|---|---|---|---|
| Benjamin Smith Fund Bursary Appeal Prize funds Sykes Trust Funds Sports |
At 1 Sept 2021 f 119,779 1,662,903 10,604 350 868 |
Incoming Resources 3,010 258,840 1,166 1,948 |
Amounts Expended f (1,850) (102,662) (1,166) (1,403) (868) |
Investment Gains / (Losses)f (4,990) (137,148) (473) |
Transfers | At 31 August 2022 115,949 1,681,933 10,131 895 |
|
| Stockport Grammar | |||||||
| School Educational Foundation Bursary Roy Clough Fund Nicholas Henshall |
11,272 1,197,500 96,575 |
90,000 21,327 1,374 |
(82,449) (84,683) (36,976) |
(128,424) (4,080) |
18,823 1,005,720 56,893 |
||
| Stopfordian Trust Bursary Old Stopfordians Fund |
22,454 | 12,123 1,689 |
(12,123) (3,689) |
20,454 | |||
| The Hallam Trust |
1 333 | ~1333 | |||||
| Comparative restricted |
funds —2021: | ||||||
| At 1 Sept 2020 |
Incoming Resources |
Amounts Expended f. |
Investment Gains I (Losses) f |
Transfers | f | At 31 August 2021 f |
|
| Benjamin Smith Fund Bursary Appeal Prize funds Sykes Trust Funds Sports |
100,230 1,405,307 9,028 350 868 |
2,912 147,909 1,131 1,386 |
(122,208) (1,130) (1,386) |
16,637 231,895 1,575 |
119,779 1,662,903 10,604 350 868 |
||
| Stockport Grammar | |||||||
| School Educational Foundation Bursary Roy Clough Fund Nicholas I-lenshall |
8,068 1,045,213 112,653 |
85,986 23,911 1,845 |
(82,782) (79,628) (36,798) |
208,004 18,875 |
11,272 1,197,500 96,575 |
||
| Stopfordian Trust Bursary Old Stopfordians Fund 6e Form quad building The Hallam Trust |
22,470 | 11,997 34 23,397 4200 |
(11,997) (50) (23,397) ~420 |
22,454 |
| Notes | Unrestricted | Unrestricted | Funds | Restricted | Endowed | Total Funds | Total | ||
|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | |||||||
| School F. |
Designated | f | 6 | 5 | 2021 f |
2020 8 |
|||
| INCOME AND ENDOWMENTS | |||||||||
| FROM: | |||||||||
| Charitable Activities School fees Other educakonal income Other ancillary trading income |
2 3 3 |
15,271,314 76,380 589,362 |
15,271,314 76,380 589,362 |
13,910,275 66,634 889,141 |
|||||
| Other trading activities Other income Investment Income |
70,092 6,233 |
115,933 | 56,970 | 70,092 179,136 |
273,648 176,247 |
||||
| Voluntary Sources Donations and legames |
~47 | ~2 | |||||||
| Total Income | ~13 | ~18 | 3003I8 | ~16 27 |
|||||
| EXPENDITURE ON: | |||||||||
| Raising funds Fundraising costs Financing costs Investment management |
7 | 84,459 3,467 |
63,852 | 17,034 | 564 | 84,459 3,487 81 450 |
10,364 7,134 72,091 |
||
| Charitable activities Education and grantmaking |
~64 | ~118 | ~4 | ~ | ~24 4 | ~8 | |||
| Total expenditure | 6 | ~17470 | 3(I2556 | ~36 76 |
564 | 1626I3786 | ~17120 | ||
| NET INCOMING FUNDS FROM |
|||||||||
| OPERATION BEFORE |
|||||||||
| TRANSFERS AND | |||||||||
| INVESTMENT GAINS/(LOSSES) |
266,291 | (65,373) | (58,868) | (584) | 141,486 | 18,979 | |||
| Gains/(losses) on Investments |
10 | 475,838 | 476,986 | 22,965 | 975,789 | 25,209 | |||
| Gains/(losses) on Investment |
260,814 | 260,814 | |||||||
| property | |||||||||
| Transfers between funds |
24 | ||||||||
| NET INCOME AND MOVEMENT IN FUNDS |
266,291 | 671,279 | 418,118 | 22,401 | 1,378,089 | 44,188 | |||
| Funds balances at 1 September |
~20 | 2 2 | ~3 | ~41 | ~12 | 517 | ~24 | ||
| Funds balances at 31 August | 21 |