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||||
|---|---|---|
|Index||Page|
|Governors'
Report|||
|Strategic Report||4-14|
|Auditor's
Report||15-17|
|Statement
of Financial|Activities|1B-19|
|Balance Sheet||20|
|Cash Flow Statement||21|
|Notes to the Accounts||22-39|
##
||||||||||
|---|---|---|---|---|---|---|---|---|
|MrJ QSPoole|Chair of Governors||||||||
|Mrs R F Ham|Vice Chair ofGovernors||||||||
|Mrs LCook|EC, Staff Liaison at RGS Worcester and Governor|||||with special|interest for|Learning|
||Development||||||||
|Mrs MJCross|F&GP||||||||
|Mr N Fairlie|F&GP||||||||
|Sir R Fry|NC||||||||
|Mr A Greenway|EC and Governor
with special|interest for GDPR|||||||
|Mr H Kimberley|Chair of F&GP||||||||
|Ms K Meredith|Chair of ECand member ofthe NC||||||||
|Mrs S Mills|EC and Governor
with special|interest
for Safeguarding|||||||
|Mr J E Peters|EC, NC, CCF and Staff Liaison|at RGS The||Grange|||||
|Mr BW Radford|F&GP and Governor
with special||interest for|Health||and Safety|||
|Dr ERobinson|EC||||||||
|Mrs KM Wormington|Staff Liaison at RGS Dodderhi|I|||||||
|Mrs R Wyatt|Governor with special interest|for the Foundation|||Rage||||
|Finance and General Purposes
Committee
(F&GP), Education|||Committee|(EC),||Nominations|Committee|(NC)|
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|(including
the Income & Expenditure
acco|unt)||||||
|---|---|---|---|---|---|---|
||Note|Unrestricted|Restricted|Endowed|2020|2019|
|||Funds|Funds|Funds|Total|Total|
|||2000|2000|6000|BNO||
|INCOMING
RESOURCES|||||||
|Income from Charitable
Activities:|||||||
|School fees|1.|14,496|||14,496|13,931|
|Other educational
activities|2.|16|||16|14|
|Other ancillary
activities|2.|308|||308|622|
|Other Income:|||||||
|Other incoming
resources|2.|487||||131|
|Investment
income:|2.|18|||19|23|
|Voluntary
income:|2.|15|92||107|4,037|
|Total Incoming Resources||15,340|93||15,433|16,758|
|EXPENDITURE ON:|||||||
|Raising Funds:|||||||
|Fundraising
Costs|||||105|65|
|Other Expenditure:|||||||
|Grant to related
charity: The RGSW&|||||||
|AOS Foundation|||||||
|Charitable
Activities:|||||||
|School||14,994|114||15,108|14,548|
|Total Expenditure||15,099|114||15,213|14,633|
|NET INCOMING/(OUTGOING)||241|(21)||220|4, 125|
|FUNDS FROM OPERATIONS|||||||
|BEFORETRANSFERS|||||||
|Transfers
between
funds|9||||||
|Investment
gains|9|||||15|
|NET MOVEMEN'T
IN FUNDS||241|(21)|||4,140|
|Fund balances at 1 September||23 293||241|23,598|19,458|
|Fund balances at 31 August||23,534||247|23,824|23,596|
|All operations
are continuing.|||||||
##
|(including
the Income &Expenditure
acco|unt)||||||
|---|---|---|---|---|---|---|
||Note|Unrestricted|Restricted|Endowed|2019|2018|
|||Funds|Funds|Funds|Total|Total|
|||2000|||||
|INCOMING RESOURCES|||||||
|Income from Charitable
Activities:|||||||
|School fees|1.|13,931|||13,931|12,899|
|Other educationa
activities|2.|14|||14|13|
|Other ancillary
activities|2.|622|||622|697|
|Other Income:|||||||
|Other incoming
resources|2.|131|||131|115|
|Investment
income:|2.|22|||23|18|
|Voluntary
income:|2.|3,997|||4,037|140|
|Total Incoming
Resources||18,717|41||18,758|13,862|
|EXPENDITURE ON:|||||||
|Raising Funds:|||||||
|Fundraising
Costs|||||85|62|
|Other Expenditure:|||||||
|Grant to related charity: The RGSW&|||||||
|AOS Foundation||||||386|
|Charitable
Activities:|||||||
|School||14,512|||14,548|13,574|
|Total Expenditure||14,597|||14633|14042|
|NET INCOMING/(OUTGOING)||4,120|||4,125|(160)|
|FUNDS FROM OPERATIONS|||||||
|BEFORETRANSFERS|||||||
|Transfers
between
funds|9.||||||
|Investment
gains|9|||15|15|17|
|NET MOVEMENT
IN FUNDS||4,120||15|4,140|(143)|
|Fund balances at 1 September||19,173|59|226|19,458|19,601|
|Fund balances
at 31 August||23,293||241|23,598|19,456|
|AII operatlurle
are cof Itlf IUII Ig.|||||||
##
||||Note||2020||2019|
|---|---|---|---|---|---|---|---|
||||||EOOO||2000|
|FIXEDASSETS||||||||
|Intangible
Assets for Operational
Tangible Assets for Operational
Investments||Use
Use|5a.
5b.
6.|81
22,826
247||91
23,508
241||
||||||23,154||23,840|
|CURRENT ASSETS||||||||
|Debtors|||7a.|1,160||661||
|Stock||||36||22||
|Cash at bank and in hand|||7b.|846||2,407||
|Short term deposits|||7b.|3,000||700||
||||||5,042||3,790|
|CREDITORS: Due within one||year|8a.||(2,963)||(2,611)|
|NET CURRENT ASSETS|||||2,079||1,179|
|TOTAL ASSETSless|NET CURRENT LIABILITIES||||25,233||25,019|
|CREDITORS: Due after more||than one year||||||
|Pension deficit funding|liability||12c.|(655)||(754)||
|Fees received
in advance|||Sb.|(754)||(667)||
||||||(1,409)||(1,421)|
|TOTAL NET ASSETS|||||23,824||23,598|
|Endowed
Funds|||9.||247||241|
|Restricted
Funds|||9||43||64|
|Unrestricted
Funds|||9.||23,534||23,293|
||||||23,824||23,598|
|||||||2020||2019|
|---|---|---|---|---|---|---|---|---|
|||||||BNO||2000|
|Cash flows from operating|activities||||||||
|Net cash provided
by operating
activities||||||1,321||6,239|
|Cash flows from investing|activities||||||||
|Dividends
and interest
from|investments||||18||22||
|Proceeds from the sale of fixed assets|||||25||10||
|Purchase
of intangible
fixed|assets||||(44)||(52)||
|Purchase
of tangible
fixed assets|||||(581)||(5,804)||
|Net cash used
in investing
activities||||||(582)||(5,824)|
|Change
in cash and cash entitlements||in the reporting|period|||739||415|
|Total cash and non-cash
movements||||||||415|
|Cash and cash equivalents|at the start|ofthe year||||3,107||2,692|
|Cash and cash equivalents|at the end ofthe reporting||period|||3,846||3,107|
|A. Reconciliation
ofcash flows from the operating||||activities|||||
|Net income for the year||||||242||4,140|
|Depreciation
and amortisation
charges||||||1,294||1,304|
|Dividends
from investments||||||(18)||(22)|
|Increase
in stock||||||(141||(3)|
|(Increase)/Decrease
in debtors||||||(499)||114|
|Increase
in creditors||||||442||833|
|Decrease
in pension
deficit|funding|||||(95)||(102)|
|Investment
gains||||||(6)||(15)|
|Profit on sale of fixed assets||||||(25)||(10)|
|||||||1,321||6,239|
|B. Analysis ofcash and|cash equivalents||||||||
|Cash
in hand||||||||2,407|
|Short term deposits||||||3,000|||
|||||||3,846||3,107|
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|NO|TES TO THE ACC|O|UNT|S F|OR|YEAR ENDED 31August|2020||||
|---|---|---|---|---|---|---|---|---|---|---|
|1.|FEES|||||||||2019|
|||||||||||6000|
||Gross Tuition Fees|||||||16,143||15,006|
||Pupil Lunches|||||||334||497|
||Other Fees|||||||177||317|
||Gross Fee Income|||||||16,654||15,820|
||Less: Scholarships,||Bursaries||and other Remissions||(1,824)||(1,554)||
||Less: Fees paid through|||Salary Sacrifice|||(334)||(335)||
||Total Remissions|||||||(2,158)||(1,889)|
||Net Fees|||||||14,496||13,931|
|||||||||2020||2019|
|||||||||BNO||BXN|
|2.|OTHER INCOME||||||||||
||Other educational||charitable|||activities|||||
||Registration
Fees|||||||16||14|
||Other ancillary activities||||||||||
||RGS The Grange|Shuttle||Bus||||23||23|
||School Trips|||||||280||594|
||Baby and Toddler|Groups|||||||||
|||||||||||622|
||Other incoming|resources|||||||||
||Refund from private||medical||insurance|||||1|
||Counselling
recovery|||||||14||15|
||Lettings|||||||39||40|
||Sale of Fixed Assets||—Boat||and|Minibus||25||10|
||Solar FIT|||||||||4|
||HMRC JRS Grants|||||||310|||
||Miscellaneous|||||||91||61|
|||||||||||131|
||Investment
Income||||||||||
||Bank interest|||||||12||16|
||Permanent
Endowment|||Income||||||6|
||Mytton and Blasson||interest||||||||
|||||||||19||23|
||Voluntary
Income||||||||||
||Donations|||||||||50|
||Assets and liabfitties||of Dodderhill
School|||||||3,946|
||Grants from the RGSW|||&AOS||Foundation||71||40|
||Legacies|||||||14|||
|||||||||107||4,037|
##
##
|||||||Staff|Staff|Other|Depreciation|2020|2019|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Costs|||&|Total|Total|
||||||||||Alnorbsabon|||
|||||||||2000|2000|||
|Costs of generating||voluntary|||income||50|||||
|Charitable|Activities|||||||||||
|Teaching|Costs|||||8,843||423||9,720|6,937|
|Welfare|||||||85|467|14|566|744|
|Premises|||||||487|1,289|769|2,545|2,420|
|Support Costs of Schooling|||||||869|1,062||1,974|2,174|
|Marketing|and Advertising||||||125|171||303|273|
|||||||10,409||3,412|1,287|15,108|14,546|
|Total Resources Expended||||||10,459||3,460|1,294|15,213|I4,633|
|Staff Costs||||||||||2020|2019|
|||||||||||BRO|0000|
|Wages &|Salaries|||||||||7,892|7,405|
|Social Security Costs||||||||||753|705|
|Pension Contnbutions||||||||||1,553|1,061|
|Training
&Expenses||||||||||33|53|
|Other Costs|||||||||||246|
|||||||||||10,459|9,472|
|The average numbers|||of full||time equivalent|employees||in the year|were:|2020|2019|
|Teachers|||||||||||125|
|Others|||||||||||104|
||||||||||||229|
|The total|headcount||was 336 (2019:325)|||||||||
|The number
of employees||||whose emoluments|||exceeded 260,000were:||||2019|
|660,001|—E70,000|||||||||||
|670,001|- 260,000|||||||||||
|EBO,001|—290,000|||||||||||
|290,001|- 2100,000|||||||||||
|Et00,00|I
—Et10,000|||||||||||
|Et t0,001 —D20,000||||||||||||
|E120,001
—Et30,000||||||||||||
||||||||||||10|
##
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##
|RESOURCES EXPENDED (co|ntinued)|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2020|2019|
|||||||||BXS|2000|
|Remuneration
of key personnel|including|Employers'||National|Insurance||and|||
|Employei's
Pension contributions
Principal
Officers)|(considered||to be|the Governors||and||514||
|||||||2019|
|---|---|---|---|---|---|---|
|||||||8000|
|Auditor's|remuneration|for|audit|services|13|14|
|Auditor's
Auditor's|remuneration
remuneration|for
for|payroll
other|services
services||10
14|
||||||21|38|
|5b.|TANGIBLE FIXED|TANGIBLE FIXED|Freehold|Freehold|Fixtures|Grounds|Assets in|Total|
|---|---|---|---|---|---|---|---|---|
||ASSETS||Land|Buildings|Fittings &|Equipment|the course||
||||||Equipment|&Motor|of||
|||||||Vehicles|construction||
|||||||||BNO|
||Cost||||||||
||At 1 September
Additions|2019||28,419
5|5,392
509|515
45||34,822
559|
||Disposais||||(19)|(25)||(44)|
||At 31 August 2020||496|28,424|5,882|||35,337|
||Depreciation
At 1 September
Charge for year|2019||7,429
569|3,488
626|397
46||11,314
1,241|
||Disposals||||(19)|(25)||(44)|
||At 31 August 2020|||7,998|4,095|418||12,511|
||Net Book Amount||||||||
||At 31 August 2020
At 1 September 2019||496
496|20,426
20,990|1,787
1,904|117
118||22,826
23,508|
|6.|FIXEDASSET INVESTMENTS (UK|Listedj|||
|---|---|---|---|---|
|6a.|THE PERMANENT
ENDOWMENT|FUND||2019|
|||||2000|
||Opening
market value
Net gains on revaluation||212
5|199
13|
||Closing market value at 31 August||217|212|
||Historic cost at 31 August||150|150|
|6b.|ENDOWED FUNDS||2019|
|---|---|---|---|
||Prize Fund||2000|
||Opening
market value||27|
||Net gains on revaluation||2|
||Closing market value at 31 August|30|29|
||Historic cost at 31 August||20|
|7a.|DEBTORS|||||2019|
|---|---|---|---|---|---|---|
|||||||2000|
||Tuition fees and extras||||467|290|
||Sundry debtors||||404|34|
||Prepayments||||289|337|
||||||1,160|661|
|7I3.|OTHER CURRENT ASSETS|||||2019|
|||||||2000|
||Cash at Bank and||in Hand||846|2,407|
||Short Term Deposits||||3,000|700|
||||||3,846|3,107|
|Ba.|CREDITORS:|Due within one year||||2019|
|||||||6000|
||Fees received|in advance|||1,660|986|
||Registration
Deposits||||148|141|
||Trade Creditors||||499|701|
||Social Security|&|Other|Taxes|191|189|
||Pension deficit|funding||liability (note 12c)|114|110|
||Other Creditors||||222|271|
||Accruals||||129|213|
||||||2,963|2,611|
##
##
|CREDIT|ORS: Due after more than one y|ear (excluding
pension|liability)||
|---|---|---|---|---|
|Accrued|liabilities
in respect offees received|in advance;|2020|2019|
||||2000|2000|
|Within 2|to 5years|||431|
|Witiiin
1|to 2 years|||236|
|||||667|
|Within
1|year||1,660|986|
|Balance|at 31 August||2,414||
|The movements
during the year were:|||||
|Balance|at 1 September||1,653|1,093|
|Net cash|movement||2,416|1,504|
||||4,071|2,597|
|Amounts|utilised
in fee payment||(1,657)|(944)|
|Balance|at 31 August||2,414|1,653|
##
|||Balance at|1|Incoming|Resources|Investment|Balance at 31|
|---|---|---|---|---|---|---|---|
|||September||Resource|Expended|gains|August 2020|
|Endowment
Funds||2019
EOOOs||2000s|2000s||BXNs|
|The Permanent|Endowment|212|||||217|
|Fund||||||||
|Prize Funds||||||||
|||241|||||247|
|Restricted Funds||||||||
|Alumni
Bursary
Alumni
Bursary|A
B|2
16||13|(2)
(14)||15|
|Debating|||1||||1|
|Dodderhill|||7||(2)||5|
|Drawings/Pictures|||1||||1|
|Alumni
support||23|||(19)||4|
|Gardening
Club|||1||||1|
|Mytton
&Blasson Prize Fund|||||||1|
|Claines Physics|Prize||||||3|
|Rugby Auction|||||(2)||3|
|Tennis Sponsorship|||||||5|
|Sundry &6500|||||(1)|||
|RGSW &AOS|Foundation||0|33|(33)|||
|Bursaries||||||||
|RGSW &ADS|Foundation—||0||(38)|||
|Hardship
Fund||||||||
|Dodderhill
PTA|(Ubrary)|||2|(2)|||
|Debating Society||||3||||
|RGS PTA Photography||||1||||
|RGS PTA Land|Rover|||1||||
|||64||93|(114)|||
|Unrestricted|Funds|||||||
|General Reserves||23,293||15,411|(15,170)||23,534|
##
##
|||Balance at 1|Incoming|Resources|Investment|Balance at 31|
|---|---|---|---|---|---|---|
|||September|Resources|Expended|gains|August|
|Summary|of Funds|2019||||2020|
|||'f000s|F000s|2000s|BNOs|BMOs|
|Endowment|Funds|241||||247|
|Restricted|Funds||93|(114)|||
|Unrestricted|Funds|231293|15,340|(15,099)||23,534|
|||23,598|15,433|(15,213)||23,824|
##
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|RESERVES (PRIOR|YEAR)||||||
|---|---|---|---|---|---|---|
||Balance at|1|Incoming|Resources|Investment|Balance at 31|
||September||Resource|Expended|gains|August|
|Endowment
Funds|2018
2000s|||2000s|2000s|2019
2000s|
|The Permanent
Endowment|||||13|212|
|Fund|||||||
|Prize Funds|27||||||
||226||||15|241|
|Restricted
Funds|||||||
|Alumni
Bursary A
Alumni
Bursary B|16
15||11|(14)
(10)||2
16|
|Debating|||2|(1)||1|
|Dodderhili||||||7|
|Drawings/Pictures||||||1|
|Alumni
support|23|||||23|
|Gardening
Club||1|||||
|Grange Benches||||(1)|||
|Grange Stage Lighting||||(4)|||
|Hockey Sponsorship||||(1)|||
|Mytton
8 Basson Prize Fund||||(1)|||
|Claines Physics Prize|||||||
|RGS PA Gazebos||||(2)|||
|Rowing Sponsorship||||(1)|||
|Rugby Auction|||||||
|Tennis Sponsorship|||||||
|Sundry &5500|||||||
||59||41|(36)|||
|Unrestricted
Funds|||||||
|General Reserves|19,173||18,717|(14,597)||23293|
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|10. ANALYSIS O|F NET ASSETS|BETWEEN FUN|DS|||||
|---|---|---|---|---|---|---|---|
|The Net Assets|Tangible|Intangible||Net|Long|||
|are Funded as|Fixed|Fixed|Investments|Current|Tenn|2020|2019|
|follows:|Assets|Assets||Assets|Liabilities|Total|Total|
||2000|2000|B)00|2000|B)00|BXIO|E000|
|Unrestricted||||||||
|Funds|22,826|81||2,036|(1,409)|23,534|23,293|
|Restricted||||||||
|Funds||||||||
|Endowment|||247|||247|241|
|Funds||||||||
||22,826|81|247|2,079|(1,409)|23,824|23,598|
|10. ANALYSIS OF NET ASSETS||BETWEEN FUNDS (PRIOR YEAR)||||||
|The Net Assets|Tangible|Intangible||Net|Long|||
|are Funded as|Fixed|Fixed|Investments|Current|Term|2019|2018|
|follows:|Assets|Assets||Assets|Liabilities|Total|Total|
||2000|2000|2000|2000|2000|2000|E000|
|Unrestricted||||||||
|Funds|23,508|91||1,115|(1,421)|23,293|19,173|
|Restricted||||||||
|Funds|||||||59|
|Endowment|||241|||241|226|
|Funds||||||||
||23,508|91|241|1,179|(1,421)|23,598|19,458|
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