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|Index||Page|
|---|---|---|
|Governors'
Report||I-4|
|Strategic Report||5-19|
|Auditor's
Report||20-22|
|Statement of Financial|Activities|23-24|
|Balance Sheet||25|
|Cash Row Statement||26|
|Notes to the Accounts||27-44|
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|(including the Income 5Expenditure
ac|count)||||||
|---|---|---|---|---|---|---|
||Note|Unrestricted|Restricted|Endowed|2022|2021|
|||Funds|Funds|Funds|Total|Total|
|||2000|2000|2000|2000|2000|
|INCOMING RESOURCES|||||||
|Income from Charitable
Activities:|||||||
|School fees||18,641|||18,641|16,370|
|Other educational
activities|2.|19|||19|18|
|Other ancillary
activities|2.|904|||904|184|
|Other Income:|||||||
|Other incoming resources
investment
income:|2,
2.|184
9|1||184
10|227
13|
|Voluntary
income:|2.|3|97||100|l47|
|Total Incoming
Resources||19760|||19,858|16,969|
|EXPENDITURE ON:|||||||
|Raising Funds;|||||||
|Fundraising
Costs||||||81|
|Charitable
Activities:|||||||
|School||19,064|108||19,172|16,364|
|Total Expenditure||19,172|108||19,280|16445|
|NET INCOMING|||(10)||578|524|
|FUNDS FROM OPERATIONS|||||||
|BEFORETRANSFERS|||||||
|investment
gains||||(13)|(13)||
|NET MOVEMENT IN FUNDS|||(10)|(13)||567|
|Fund balances at
I September||24,050|51|290|24,391|23,824|
|Fund balances at 31 August||24,638|41|277|24,956|24,391|
|All operations
are continuing.|||||||
|(including
the Income & Expenditure
a|ccount)|||||
|---|---|---|---|---|---|
||Note|Unrestricted|Restricted|Endowed|2021|
|||Funds|Funds|Funds|Total|
|||2000|EOOO|8000|2000|
|INCOMING RESOURCES||||||
|Income from Chadtable
ActiVities;
School fees
Other educational
activities
Other ancillary activities|2.
2.|16,370
18
194|||16,370
18
194|
|Other Income:||||||
|Other incoming
resources
Investment
income:|2.
2.|10|||227
13|
|Voluntary
income:|2.||147||147|
|Total incoming
Resources||16,819|150||16,969|
|EXPENDITURE ON:||||||
|Raising Funds:
Fundraising
Costs||81|||81|
|Charitable
Activities:
School||16,222|142||16,364|
|Total Expenditure||16,303|142||16,445|
|NET INCOMING||516||||
|FUNDS FROM OPERATIONS||||||
|BEFORETRANSFERS||||||
|Investment
gains|||||43|
|NET MOVEMENT
IN FUNDS||516||||
|Fund balances at 1 September||23,534||247|23,824|
|Fund balances at 31 August||24,050|51|290|24,391|
|All operations
are continuing.||||||
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||||Note||||2021|
|---|---|---|---|---|---|---|---|
||||||||2000|
|FIXEDASSETS||||||||
|Intangible
Assets for Operational||Use|5a.|28||48||
|Tangible Assets for Operational||Use|5b.|21,927||22,235||
|Investments
—COIF|||6a&b.|277||290||
|Investments
in Subsidiary|||6c.|1||||
||||||22233||22,574|
|CURRENT ASSETS||||||||
|Debtoi's|||7a,|3,720||3,328||
|Stock||||21||23||
|Cash at bank and
in hand|||7b.|1,688||1,441||
|Short term deposits|||7b.|2,600||3,750||
||||||7,928||8,542|
|CREDITORS: Due within one||year|Sa.||(3,712)||(4,931)|
|NET CURRENT ASSETS|||||4,217||3,611|
|TOTAL ASSETSless|NET CURRENT||||26,460||26,185|
|LIABILITIES||||||||
|CREDITORS: Due after more||than one year||||||
|Pension deficit funding|liability||12c,|(238)||(440)||
|Fees reoeived
in advance|||8b.|(1,266)||(1,354)||
||||||(1,484)||(1,794)|
|TOTAL NETASSETS|||||24,856||24,391|
|Endowed
Funds|||9|277|||290|
|Restricted Funds|||9|41|||51|
|Unrestricted
Funds|||9|24,638|||24,050|
||||||||24,391|
##
|THE ROYAL GRAMMAR
CASH FLOW STATEMEN|SCHOOL W
T FOR YEA|ORCESTER
R ENDED 31|A|ugust|||||
|---|---|---|---|---|---|---|---|---|
|||||||2022||2021|
|||||||2000||2000|
|Cash flows from operating
activities|||||||||
|Net cash provided
by operating
activities||||||(72)||1,966|
|Cash flows from investing
activities|||||||||
|Divdends
and interest from|investments||||||10||
|Proceeds from the sale offixed assets|||||||||
|Purchase of intangible
fixed|assets||||||||
|Purchase oftangible fixed assets|||||(962)||(653)||
|Net cash used in investing|activities|||||(931)||(643)|
|Change
in cash and cash en'iitlernents||in the reporting|period|||(1,003)||1,345|
|Total cash and non-cash
movements||||||(1,003)||1,345|
|Cash and cash equivalents|at the start|ofthe year||||5,191||3,646|
|Cash and cash equivalents|at the end ofthe reporting||period|||4,188||5,191|
|A. Reconciliation
ofcash flows from the operating||||activiTies|||||
|Net income for the year||||||565||567|
|Depreciation
and amortisation
charges||||||1,289||1,276|
|Dividends
from investments||||||(9)||(10)|
|Decrease
in stock||||||2||12|
|Increase
in debtors||||||(392)||(2,168)|
|Decrease
in creditors||||||701||569|
|CBILBank loan||||||(2,000)||2,000|
|Decrease
in pension
deficit|funding|||||(241)||(216)|
|Investment
losses/(profiits)||||||13||(43)|
|Loss on sale offixed assets|||||||||
|||||||(72)||I,968|
|Analysis ofcash and cash equivalents|||||||||
|Cash in hand||||||1,688||1,441|
|Short term deposits||||||2,500||3,750|
|||||||4,188||5,191|
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|NO|TES TO THE ACCO|UNTS FOR|YEAR ENDED 31August 202|2||
|---|---|---|---|---|---|
|1.|SCHOOL FEES|||2022
EOOO|2021
E000|
||Gross Tuition Fees
Pupil Wnches
Other Fees|||20,072
329
372|17,861
230
315|
||Gross Fes Income|||20,773|18,406|
||Less: Scholarships,|Bursaries and other Remissions||(2,132)|(2,036)|
||Net Fees|||18,641|16,370|
|||||2022|2021|
|||||2000|E000|
|2.|OTHER INCOME|||||
||Other educational
Registration
Fees|charitable|activities||18|
||Other ancillary activities
RGSThe Grange Shuttle Bus
School Trips|||62
836|27
167|
||Baby and Toddler Groups|||||
||||||194|
||Other incoming resources
Counselling
recovery
Lettings|||38
82|29|
||Sale of Fixed Assets|—Boat and|Minibus|||
||Solar FIT|||||
||HMRC CJRS Grants||||70|
||Miscellaneous|||33|70|
||||||227|
||Investment
Income|||||
||Bank interest|||||
||Permanent
Endowment
Income|||||
||Mytton and Blasson|interest||||
|||||10|13|
||Voluntary
income
Donations
Grants from the RGSW &AOS||Foundation|94|31
116|
||Legacies|||||
||||||147|
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||||||||Staff|Staff|Other|Other|Depreciation|&|2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Costs||||Amortisation||Total|Total|
||||||||EOOO||||2000||OOOO|EOOO|
|Costs of|generating||voluntai|||y||74||27||7|108|61|
|income|||||||||||||||
|Charitable||Activities|||||||||||||
|Teaching|Costs||||||10,298|||601|423||11,322|10,471|
|Welfare|||||||403|||804||14|1,221|764|
|Premises|||||||662||2,092||795||3,549|2,966|
|Support|Costs ofSchon ing||||||1,347||1,217|||42|2,606|t,622|
|Marketing||and Advertising|||||244|||223||7|474|319|
||||||||12,954||4,937||1,281||19,172|l6,364|
|Tota Resources Expended|||||||13,028||4,964||||19,280|16,446|
|Staff Casts|||||||||||||2022|202'I|
||||||||||||||EOOD|EOOD|
|Wages &Saaries|||||||||||||10,008|6,760|
|Social Security Costs|||||||||||||978|621|
|Pension|Contributions||||||||||||1,825|1,643|
|Training|&|Expenses|||||||||||52|39|
|Other Costs|||||||||||||165|226|
||||||||||||||13,028|11,479|
|The average
numbers||||of full||time|equivalent|employees||in the year|||2022|202
I|
|were;|||||||||||||||
|Teachers|||||||||||||179|145|
|Others|||||||||||||134|104|
||||||||||||||313|249|
|The total|headcaunt|||was 343(2020:336)|||||||||||
|The number
of employees|||||whose||emoluments||exceeded E60,000||||2022|2021|
|were:|||||||||||||||
|E60,001|-|E70,000|||||||||||4|3|
|E70,001|—E60,000||||||||||||3|4|
|EB0,001|-|E90,000|||||||||||2||
|E90,001|—E100,000||||||||||||||
|E100,001||- E110,000|||||||||||||
|E110,001||- E120,000|||||||||||||
|Et20,001||- E130,000|||||||||||||
|E130,001||—Et40,000|||||||||||||
|E150,001||- E160,000|||||||||||||
||||||||||||||10||
##
|RESOURCES EXPENDED (continued)|RESOURCES EXPENDED (continued)|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022|2021|
|||||||||BSO|2000|
|Remuneration
of key personnel|including|Employers'||National|Insurance||and|||
|Employer's
Pension contributions
Principal
Officers)|(considered||to be|the Governors||and||627|529|
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|5b.|TANGIBLE FIXED|TANGIBLE FIXED|Freehold|Freehold|Fixtures||Grounds|Total|
|---|---|---|---|---|---|---|---|---|
||ASSETS||Land|Buildings|Fittings &|Equ|ipment
&||
||||||Equipment||Motor||
||||||||Vehicles||
||||||||8000|6000|
||Cost||||||||
||At I September
Additions|2021|496|28,470
112|6,468
790|||35,962
962|
||Disposals||||(13)|||(13)|
||At 31 August 2022|||28,582|7,245||608||
||Depreciation
At 1 September|2021||6,568|4,720||459|13,747|
||Charge for year|||571|662||36|1269|
||Disposals||||(12)|||(12)|
||At 31 August 2022|||9,139|5,370|||15,004|
||Net BookAmount||||||||
||At 31 August 2022||495|19,443|1,875||113|21,927|
||Af 1 September|2021|496|19,902|L748||Bg|22,235|
##
|tL|FIXEDASSET INVESTMENTS (UK|Listed)||
|---|---|---|---|
|Sa.|THE PERMANENT
ENDOWMENT|FUND|2021
2000|
||Opening
market
value
Net (losses)/gains
on revaluation||217
38|
||Closing market value at 31 August|||
||Historic cost at 31 August|||
|Sb.|ENDOWED FUNDS
Prize Fund|202
I
2000|
|---|---|---|
||Opening
market value
Net (losses)/gains
on revaluation|30
5|
||Closing market
value at 31 August|35|
||Historic cost at 31 August|20|
|Sc.|FIXED|ASSET|INVESTMENTS (Unlisted)|2022|2021
2000|
|---|---|---|---|---|---|
||RGSW|Holdings|Limited (100%dormant)|||
##
|7a.|DEBTORS||||2022|2021|
|---|---|---|---|---|---|---|
||||||2000|2000|
||Tuition fees and extras||||630|473|
||Sundry debtors||||63|42|
||Amounts
due from associated|||undertaking|2,528|2,406|
||Prepayments||||499|407|
||||||3,720|3,328|
|7I).|OTHER CURRENT ASSETS||||2022|2021|
||||||2000|2000|
||Cash at Bank and in Hand||||1,688|l,44 I|
||Short Term Deposits||||2,500|3,750|
||||||4,188|5,191|
|Sa.|CREDITORS:|Due within one year|||2022|2021|
||||||2000|2000|
||Bank Loan (Note 14)|||||2,000|
||Fees received|in advance|||1,734|1,463|
||Registration
Deposits||||162|'I56|
||Trade Creditors||||972|633|
||Social Security|&Other|Taxes||241|214|
||Pension deficit|funding|liability|(note 12c)|74|l13|
||Other Creditors||||443|242|
||Accruals||||86|I10|
||||||3,712|4,93
I|
##
|CREDIT|ORS: Due after more than one y|ear (excluding
pension|liability)||
|---|---|---|---|---|
|Accrued|liabilities
in respect of fees received|in advance:|2022
8000|2021
2000|
|&5years
Within 2
Within
1|to 5years
to 2 years||168
651|133
470
751|
||||1,256|1,354|
|Within
1|year||1,734|1,462|
|Balance|at 31 August||2,990|2,816|
|The movements
dudng the year were:|||||
|Balance
Net cash|at 1 September
movement||2,816
1,882|2,414
1,715|
||||4,698|4,129|
|Amounts|utilised
in fes payment||(1,708)|(1,313)|
|Balance|at 31August||2,990|2,816|
##
|NOTES TO THE ACCOUNTS F|NOTES TO THE ACCOUNTS F|OR YEAR END|ED|31August 20|22|||
|---|---|---|---|---|---|---|---|
|9.
RESERVES||||||||
|||Balance at|1|Incoming|Resources|Investment|Balance at 31|
|||September||Resource|Expended|losses|August 2022|
|Endowment
Funds||2021
BIOOs|||||2000s|
|The Permanent
Endowment||||||||
|Fund||||||||
|Prize Funds||||||(2)||
|||290||||(13)|277|
|Restricted Funds||||||||
|Alumni
Bursary||27|||(9)||18|
|Debating|||1|||||
|Dud derhil||2|||(2)|||
|Drawings/Pictures||||||||
|Alumni
support|||||||4|
|Gardening
Club|||||||1|
|Mytton
8 Blasson|Prize Fund|||||||
|Claines Physics Prize||||||||
|Rugby Auction||||||||
|Tennis Sponsorship||||||||
|RGSW 5AOS Foundation|||||(94)|||
|Bursaries||||||||
|RGSW 3ACS Foundation—|||3|||||
|Hardship
Fund||||||||
|RGS PTA Land Rover||||||||
|RGS PTA HocKey|Boards|||||||
|The Wareing
Cup||||||||
|James Kimberley|Prize|||||||
|||51|||(108)||41|
|Unrestdoted
Funds||||||||
|General Reserves||24,050||19,760|(19,172)||24,638|
##
||RESERVE|S(continued)|||||
|---|---|---|---|---|---|---|
|Bummsry|cf Funds|Balance at 1
September 2021
2000s|Incoming
Resources
2000s|Resources
Expended
2000s|Investment
losses
6000s|Balance at31
August 2022
6000s|
|Endowment
Restricted
Unrestricted|Funds
Funds
Funds|290
61
24,060|98
19,760|(106)
(19,172)|(13)|277
41
24,636|
|||2~1|19,668|(19/80)|(13)||
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||||Balance at 1|Incoming|Resources|Investment|Balance at 31|
|---|---|---|---|---|---|---|---|
|Endowment
Funds|||September 2220
f000s|Resource
f000s|Expended
2000s|gains
2000s|August 2021
2000s|
|The Permanent
Endowment||Fund|217|||||
|Prize Funds|||30|||||
||||247|||||
|Restricted Funds||||||||
|Alumni
Bursary|||15||(15)||27|
|Debating
Dodderhill|||5||||1
2|
|Drawings/Pictures
Alumni support|||4||||'I
4|
|Gardening
Club
Mytton & Blasson Prize Fund
Clalnes Physics Prize
Rugby Auction|||1
1
3
3||(2)||1
0
3
3|
|Tennis Sponsorship|||5|||||
|RGSW &AOS Foundation|Surmise|||75|(75)|||
|RGSW &AQS Foundation|-|Hardship|||(41)|||
|Fund||||||||
|Debatbg Boards|||3||(3)|||
|RGS PTA Latd Rover|||1|||||
|RGS PTA Hockey Boards|||||(8)|||
||||||(142)||51|
|Unrestricted
Funds||||||||
|General Reserves|||28,534|18,819|('IB,303)||24,050|
##
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|0.|RESERVE|S (PRIOR YEAR) (conti|nued)||||
|---|---|---|---|---|---|---|
|Summary|of Funds|Balance at 1
September 2020
MOOs|Inoomlag
Resources
2000s|Resources
Expended
MOOs|Invastmerit
galas
MOOs|Balance at31
August 2021
MOOs|
|Endowment|Funds|247|||||
|Restricted|Funds||100|(142)|||
|Unrestricted|Funds||16,819|(16,303)|||
|||23,824|10,909|(16,440)||24,301|
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|10. ANALYSIS O|F NET ASSETS|BETWEEN FUN|DS|||||
|---|---|---|---|---|---|---|---|
|The lset Assets|Tangible|Intangible|Investments|Nst current|Long term|2022|2021|
|are Funded as|Fixed Assets|Fixed Assets||Assets|Liabilities|Total|Total|
|follows:|2000|0000|2000|FOOD|2000|2000|2000|
|Unrestricted
Funds|21,927||||(1,460)|24,638|24,050|
|Restricted Funds||||41||41|51|
|Endowment
Funds||||||277|290|
||21,927||278|4,183|(1,460)|24,956|24,391|
##
|The Net Assets|The Net Assets|Tangible|Intangible|Investments|Nat current|Long term|2m2|2021|
|---|---|---|---|---|---|---|---|---|
|are Funded es||Fixed Assets|Fixed Assets||Assets|Liabilities|Total|Total|
|follows.'||0000|2000|2000|2000|2000|2000|EQQQ|
|Unrestricted|Funds|22,235|||3,556|(1,790)|24,050|23,534|
|Restricted|Funds||||51||51|43|
|Endowment|Funds||||||290|247|
||||||3,607|(1,790)|24,391|23,824|
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