Registered Company Number: 06223076 IEngland and Wales)
Reglstered Charity Number: 1122269
Breckenbrough School Limited
Report of the Trustees and Financial Statements
for the Year Ended 31 August 2021

Breckenbrou¥h S¢hool Llmited
Contsnts of the Financial Statements
for the Year Ended 31 August 2021
Page
Report of the Trustees
Report of the Independent Auditors
10-13
Statement of Financial Activitie5
14
Balance Sheet
15
Statement of cash flow5
16
Notes to the Financial Statements
17-32

Breckenbrough Sthool Limited
Report of the Trustees
for the Year Ended 31 August 2021
The Trustees, who are also dirertors of the charityforthe purposes ofthe Companies Act 2006. present their
report with the financial statements of the charty for the year ended 31 August 2021.
The financial statements tomply with the Charities Act 2011, the Companie5 Act 2006, the Memorandum
and Arti¢les of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice
applicable to tharities p￿parIng their accounts irb accordance with the Finaricial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191.
Reference and administratlve detalls
Reglstered Company number
06223076 (England and Wales)
Reglstered Charity number
1122269
Reglstered office
Sandhutton
Breckenbrough
Thirsk
Y07 4EN
Trustees
Alison Clarke
Ruth Mcfighe
Stefan Lewicki
John Littlefair
John Mar8ham
Kirit Gordhanda5
Fleur Parker
Chair
Deputy Chairfrom 15.11.19
Appointed 01.01.21
Appointed 01.01.21
Resigned 12.09.21
Resigned 17.10.21
Key Management Personnel
Headmaster
Deputy Headmaster
Head of Social Education
Bursar
Simon 8annister
James Shutt
Stuart Edwards
Sue Jones
Audltors
Saffery Champness LLP
Mitre House
North Park Road
Harrogate
North Yorkshire
HGI 5RX
Solicitor5
North Yorkshire County Council
County Hall
Northallerton
DL7 8AD
Page I

Breckenbrou8h School Llmlted
Report ol the Trustees
for the Year Ended 31 August 2021
Reference and admlnlstratlve detalls {continued}
Bankers
Barclays Bank plc
25 St Jame5 Street
Harrogate
HGI IZT
Insurers
Innovation Broking
20 St Dunstans Hill
London
EC3R 8HL
Co-opted Members
Richard Clarke
Sally Burton
Staff Representative Governors
Vacant position
Headmaster
Simon Bannister
Governor appolnted by North
Yorkshire County Council
Robert Baker
Parent Governors
Carl Wright
Daniel Hunter
Page 2

Breckenbrough School Limited
Report ofthe Trustees
for the Year Ended 31 August 2021
Our vislon Is always to put the individual needs of the studentsfirst.
Alms, Objectives and Activitle5
Alms
Breckenbrough School provides education and care for boys from 9 to 19 years of age. Each student at the
school has an Education Health and Care Plan Iformerly a Statement of Special Educational Needs) created
by hi5 funding Local Authority th3t identrfies him a5 having covnplex needs such as Autlstlc Spectrum
Condition. Authorities from many parts of the UK place students at Breckenbrough.
We aim to 5UPPOrt our students to achieve two key goa55 during their time at Breckenbrough. Firstlyi to be
themselves, aspire and be successful. Secondly. to develop strategies and coping methanisms to help them
thrive in the neurotypical world.
Objectives
We review our a5piration5 and School improvement objectives along with the OLrtcomes of the immense
amounts of work done by staff. The Governors focus on the overall school improvement objective5. In
individual cases, staff adapt educatiorb and care plans for students so that the school always responds 85
appropriately as It can to a studenvs specific needs. Done with care, this helps each student to improve on
his own "previous best" perfomances in a range of subjects and social skllls and to learn to take increasing
responsibility for his own learning and development.
The school work5 a5 a "one team" approach. By integrating academic and social education with support
mechanisms to meet spectfic individual needs, each element plays a vital role in providing a framework for
helplng the students to achieve their full academic and broader personal potential.
Actlvltles
Students display a range of special complex needs. Some experlence drfficulties associated with Autism and
may have been diagnosed wwth Autistic Spertrum Condition, including Aspergeff s Syndrome. Some have
AttentlDn Deficit Disorder, with some students being diagnosed with a more complex ver51on, that of
Attention Deficit Hyperactivity Disordei. Others are designated less specifitally as experiencing Social,
Emotional, Anxiety and Mental Health needs. The mix of need presented bythe sludent5 covers a wide range
of behaviours and barriers to learning, but m05t boys are able. each at his own rate, to develop friendships
and maintain positive working and learning relationships.
The staff are skilled in encouraging such development and work hard to promote it. showing great sensitivity
towards students whose development is sloweror more hesitant. The school uses small class SIZ￿ and one-
to-one tuition when needed, so that adequate attention is given to speclfic Individual needs. There is an
appropriate emphasis on outdoor activtties, as these ¢an support the practical and social aspe¢ts of learnin&
complementing the more academic and abstract side which some students find harder.
Breckenbrough School provides education to GCSE and A level standard. Some of the education provision is
offered through third party providers with our staff in support, which helps in the tran51tion to independent
living and higher education studies. The school also gives great attention to the boys, physical. mental and
spiritual welf3re and helps students to develop positNe relationships with peers and adults. The After-care
provi5i0n, through Beyond Breckenbrough Irarelyfound elsewhere). continuesto provide practical assistance
to old scho13rs as well as help with careerguidance and further development of life skills.
The School had an average number of 6812020- 65) boys on roll during the year.
Page 3

Bretkenbrough School Llmlted
Report of the Trustees
for the Year Ended 31 August 2021
Public Benefft
The Trustees have had due regard to guidance published by the Chartties Commission on public benefit. The
students, achievements are part of the benefit, in that we help to create and develop mature cit12ens. We
regularly offer the school for summer school hire. We worked with a company called Campus Holidays who
offer free holldays to under privileged children and those from deprtved backgrounds. This was a very
successful Dpportunity for both the school and Campus and over 120 children to enjoy a holiday they would
not normally have. Unfortunately, the pandemic has stopped this taking place in 2020 and 2021 but plans
are already in place for it to be restarted in 2022.
Achievements and Performance
The school has 3 long record of sU￿sSfUllY changing the lives and behaviour of its scholars. Before coming
to the school, a bDy will frequently have been the cause of deep concern to parents and educators alike, and
in numerous cases has been a 'hard to place" student. Parents frequently tell us of the change in attitude
displayed by thelr50n after arriving at Breckenbrough, within months or even weeks. These kinds of dramatic
changes in attitude have continued during the period of this report.
OFSfED inspected and reported on our residential provision in January 2022 and found the quality of
provision and Dutcomes for residerltial students to be good.'Children make good progress in all areas of their
development, and their 5elf-belief and confidence improve significantty as a result of visiting this residential
provision. Children thrive in an environment where they ran be themselves. One child said, '[ can be who I
am here, I'm not made to try and be like other children., We were di5apw>inted thèt we were downEraded
from outstanding and have created a p05t OFSTED action plan that aim5 for us to be back to outstsnding at
the next inspection in 2023.
The last OFSTED academic inspection of the school took Pla￿ in November 2021, in which our overall rating
was judged to be requiring improvement. The school was judged to be good in thè areas of Personal
Development, Behaviour and Attitude5 and Sixth FoTh provision. Qualtty of Education wa5 deemed to requlre
improvement and this dire¢tS the overall judgement regardles5 of other areas for inspertion. As such,
Leadership and Management was also judged to be requiring improvement. We were disappointed with the
overall judgement and believe we provide an excellent standard of education from our students, relative
Starting points but have accepted the judgement and have 31ready made strides forwards as a school. One
such development is the introduction of a new curriculum pathway that takes a structured and measurable
approach in the delivery of our holistic outcomes wrthin Key Stage 2 and 3. We are due our next Section 5
inspection by spring 2024, where we will need to have 3ddre5sed the areas requiring improvement. An action
plan is in place and we are making very good progre55 to the objettives set out within this document.
of the students who graduated from the school in summer 2021, all made the successful transition to higher
education, further education or some form of vocational placement of employment. This is the fifth year in
succession where students had 100% successful transitions.
The school continues to develop and diversify the currlculum in orderto provide a platform for every student
to achieve, irrespective of their starting point and identified career path.
Financial Review
Finance is always a major consideration of the Board. Financial performance is monitored and 355es5ed
carefully. This year has been a very positNe one financially as you will see from the page5 to follow with our
surplus being £809k12020 £236kl Our income is almost entirely dependent on the number of students on
roll, paid by each students home local authority and our student numbers have continued to increase, whilst
we already had built in capacity within staffing numbers to allow these 51udents to join us, so costs have not
Page 4

Breckenbrough Sthool Llmlted
Report ofthe Trustees
for the Year Ended 31 August 2021
increased over budget. The school has benefited financlally from grants issued by DFE directly linked to the
additional facilities and routines that were implemented to manage the COVID 19 pandemlc. These grant5
amounted to £53,916. There was a150 a grant from D￿ in the year relating to capital and maintenance of our
building of £78,811. In budgeting we do not assume it5 Continuation but these funds are always welcome
and go towards the general maintenance and capitsl investment we make in the schaol property.
An unusual area of income to Us, but verywelcome, has been made to the school by a bequest from a Friend
in their last will and testament. The residual funds which amounted to £172k arrived in our account in
October 2021 but are accounted for in these accounts. This bequest came with no nomination of use so has
been aFiproved by the Board to be included in the funding for the construction mentlDned below. These
additional funds have allowed the school to enlarge the project to ¢￿ate a bespoke cleaning and storage
facilitie5 to house the equipment Used in the perf0mlan￿ of the Outdoor E(lucation currlculum. This is
something that is desperately needed to ensure the longevity of this equipment.
The Governors endorse several designatlons, the first being £250K. to add to the construction fund for the
developrnent of a purpose-built therapy facility. This new facility will ènable us to deliver our therapies in a
conducive environment, so the students can benefit thoroughly from their session5 Wtth Occupational and
Speech and Language therapists. We have been able to build up this designation to £550k, accumulated over
the last 3 years. The construction of this new facilrty will commence in May 2022 at an overall cost of circa
£l.I million. It 15 hoped that the new building will be completed and opened by January 2023 which will
benefit all of our students significantly.
An amount of £20Dk has been designated towards an additional building to house classrooms. The school
has identified the need for more classroom Spa￿ as the student numbers rise. A long-term aspiration is to
address the Work in maintaining the roof which ideally requires replacement
A final designation tota15 £ISOk and this has been set aside to help fund an enhancement to our current
provision which will be delivered on an alternative site. We are in the very early stages of planning this
provision which has been brought to vs by way of a benefactor, but we have already identified that we wlll
need to equip the facility to ensure it is fit lor purpose.
Our policy is to Invest when we can in fund5 and investments on a basis approved by the Charity
Commissioners and that remain ethical. We allow for regular Strategic planning. Due to the nature of their
needs, the number of student5 starting and leaving the school each year varies, often at irregular points
throughout the year. Our plan to increase the number of students to about 65 has been achieved and
Department for Education has now given u5 approval for 70 students to be on roll. The Marketin8 OffI￿r
continues to ensure that Local Authorities and potential parents and their support groups, are kept well
aware of our existence and of the benefits we offer so that referrals can be communicated through parental
preference. This can be evidenced a5 successful due to the length of the waiting list for new student pla￿s.
We continue to resist requètts from Local Authorities to reduce our fees, pointing out to them that we do
not make annual fee increases on current placements. However, modest annual increases in fee levels are
necessary, but these are now only applied On￿ a year to new pla￿Ments. We remain keen to give Local
Authorities value for mDney and positNe outcomes which means retaining practices that we know work for
our students and thereby benefit their outcomes and in turn the placing Authorities. High staff-to-student
rati05 continue to be necessary for our provision to be successful and remain one of the major differences
between Breckenbrough and other schools.
In applying the requirement under FRS102, a liability has been recogrbised for the agreed future deficlt
payments on the pension scheme with Pensions Trust. The pension deficit recognised at the year-end was
£98,00012020.. £125,0001.
Page 5

Br￿kQnbr0UBh School Limited
Report of the Trustees
for the Year Ended 31 August 2021
5trurture, Governance and Management
Legal status
Breckenbrough School Limited wa5 fomied on 23 April 2007 and commenced trading on I September 2008.
The School is a corporate registered charity (number 11222691. The Company is governed by its
Memorandum and Articles of Associatiorb. as amended by special resolutions dated 21 November 2007 and
l Octobèr 2008.
Recrultment and appolntment of Governors
Po￿lble new Board members are approached infornially. given infomiation aljout the work of the Board,
meet the Chair and Head Teacherto disCU5S their involvement, tourthe Khool and, in most Instances, attend
Board or Committee meetlngs to learn about the business. Our prattice is to issue newcomers With
information regarding the charity's wlicies, constitution, meeting procedures, and an indication of their
posslble duties. Following appointment. new Governors receive an induction. DurinE the year, the Board
rranges regular in-house training sessions aimed at improving Governor5. knowledge of the school and
understandlng of their roles. Where needed le.g. in relation to Child Protertionl specific information and/or
training sessions are 'bought in, or attended outside school.
Organisational structure
In the year ended 31 August 2021 the Governing Body included seven Twstees who were members of the
Religious Soclety of Friends (Quakers) appointed by 'Quakers in YoTkshire'. the body representinB the
Religious Society of Friends in the area. The Trustees 5eYved as Directors of the Company. The conduct of the
School was under the direction of the Board in accordance with the purposes, chararter and ethos of the
School as determined by the Trustees. There weiefive other members of the Board. one appointed by North
Yorkshire County Council, two being parents of boys who are in the school identified by the Head in
consultatton with parents elected by the parents, and two ctropted by the Board. In making decisions on all
matters, successful efforts were made to achieve unity on the Board after the Quaker manner.
Appolntment5 to the Board are for a period of four years, and there is an option to appoint for a second
period.
Commlttees
There are two Committees reporting to the Board - an Education Committee and a ReSoUr￿S Commlttee
that h35 finance, marketin& personnel and premises within its remit. Individual Governors take specific
resF)onsibilities for Health and Safety. Child Protection, Careers, Teaching and Learning and Residential.
There is also a Strategy and Development Committee Imade up of the full Board Chair. the EducatiL)n Chair,
the Resources Chair and meM￿rS of the school Senior Leadership Team). All committees meet at least three
tlmes a year, following the same cycle each temi leading up to the Full Governing Board meetiri8.
Related partles
Some members of the governorsltrustees a150 serve on the Board of the Charity, known as Beyond
Breckenbrovgh, whose activities include assistance w(th transition fmm the school along with the provision
of financial anLI other assistance to old boys of Breckenbrough School. dirertly or otherwise.
During the year the charity paid £7.06312020: E6.3891 as part of a combined policy which include5 Trustee
Indemnity Insurance.
Key management personnel remuneratt¢n
The trustees consider the board of trustees. Headteacher and the Senior Leadership Team as comprising the
key management personnel of the charity, in charge of direrting and controlling the charity and running and
operating the charity on a day-ttrday basis. All trustees give of theirtime freely and no trustee remuneration
Page 6

Breckenbrough School Limlted
Report of the Trustees
for the Year Ended 31 August 2021
was paid in the year. Details of trustee expenses antl related party transactions are disc105ed in note 9 to the
accounts.
Trustees are required to dlsclose all relevant interests and register them with the Bursar and, in accordance
with the Trust's policyi wlthdraw from decisions where a conflict of interest arises. Neither the Trust nor anv
of the trustees have interests with other independent special scht)ols but any such interests would be
disclosed.
The pay of the Hea¢Jteacher is revi@w@d annually and nornia1￿ increased in accordance with average sector
earnings. In view of the nature of the charity, the remuneration is bench-marked with similar establishments
of a similar size and activity to ensure that the remuneration set is fair, and not Otrt of line with that generally
paid for similar roles.
Pay policy for senior staff
The pay of the senior staff is reviewed annually and normally increased in accordance with average earnings.
In view of the nature of the charily. the directors benchmark against pay levels in other special schools of 3
similar Size run on a charitable basis. The remuneration benchmark is the mid-point of the range paid for
similar roles adjusted for a weighting of up to 30% for any additional responsibilities.
Reserves policy
The Trustees try to build resilience within the balance sheet and the charitls aims are to increase reseThes
wherever posslble to manage increases to salaries and pensions and building maintenance outside of the
schog1'5 Control.
The level of total funds at the year-end were £2.991,897 {2020: £2.182,5501. The Trustees are pleased to
report that the level of unrestricted ￿serveS less unrestricted fixed assets and investments as detailed in
note 18, has increased frorn E889.972 in 2020 to £1.638S00 on 31 August 2021.
The Charity still aims to increase cash reserves through prudent management of overall expenditure, to
enable a free cash reserve fund to be av31kble to add to the stability of the School. The target level of
reserves is based on 6 rnonths of operating expendtture in accordance with The Charity Commission's
guidelines, which 15 approximately £1.500,000.
In assessing the ability of the school to continue as a going concem the Trustee5 are mindful of the future
commitments and cash 15 monitored day to day and longertemi. TheTrustees are ofthe view thatthe charity
is a going concern.
Principal rlsks and uncertainties
The Truslees have a duty to identify and review the risks to which the charity is exposed and to ensure
appropriate controls are in place to provide reasonable assurance against fraud and error.
The Governo￿ examine the principal areas of the School's operations and the major risks faced in each area.
ASI school policies and intemal system5 are appraised regularly and strengthened and risk5 are minimised by
the implementation as necessary of revised policies and procedures for the management of all artlvities
including the authorisation of all transactions, projects and procedures. The existing policy documents have
been revièwed recently including Child Protection, Safeguardin& Health and Safety, Fire Risk Assessment and
Emergency Procedures. The School also reviews its activitie5to respond to the requirement5 Set by OFSTED.
The Trustees are satisfied thej major ri5k5 have been established and action taken to mitigate those risks.
Page 7

Breckenbrough School Llmited
Report ofthe Trustees
for the Year Ended 31 August 2021
Fundralslng
The School co-ordinates low-level fund-raislng activities for a range of local and national charities Such as
Children in Need, Red Mose Day, etc. We also undertake fundrai5ingto benefit the School as whole to support
specific projects for new equipmentfor example. These are either led by the School or its employees. We are
not registered with the fundraising regulator or with any professional fundraisers or commercial
participators.
Land and bulldings
The Trustees are of the opinion that the open market value of the18nd and buildings is materially in excess
of book value. This can be evidenced by our most up to date valuation which was concluded in March 2020,
as Indicated in note 11 of these financial statements. Governors Current￿ request that a valuation Is
undertaken every three years.
Plans for the fvture
The Strategy and Development group meet to consider plans to secure the longevity of the School's futLJre.
Open thinking is encouraged so as all angles can be considered. Senior leaders 3re active in keeping abreast
of changes to Department for Education thinking and published strategy on SEND to feed into ovr
considerations. Current discussions and investigations centre around sustainability and how we can maintsin
our standing in the sector. whilst larger commercial enterprise5 continue to grow with the likes of Cambian,
Witherslack Group, and Priory eithertakinE oversmaller sch¢xils or developing additional provision. We must
not be blinkered to these potential threats. The SEND review hasjust been completed and green paper issued
for consultation within the sector until mid-july 2022. Senior leaders are attending sessions to understsnd
the implications of potential changes and will be contributing to the consultation.
It is very evidènt that these current risks have been considered in the past by our trustees and that inforrned
planning has stood the charlty in good stead going forward. We need to remain focused and open to change.
Funds held as custodian for others
The company is the Custodian Trustee of the Breckenbrough School CbaritableTrust and alsothe sole Trustee
entrusted to mana8e the affairs of that charitable Trust which includes the permanent endowment property
and Investments as indicated in note 11 of these financial statements. The Company ha5 included the
freehold land and buildings and investments subject to permanent endowment within its balan￿ sheet.
Statement of trustee< responsibilities
The trustees (who are also directors of Breckenbrough School Limited for the purpose5 of company lawl are
responsible for preparing the Trustees, Report and the financyal statements in accordance with applicable
law and United Kingdom Accounting Standards (Untted Kingdom Generally Accepted Accounting Prarticel.
Company law require5 the trustees to prepare financial statements for each financial year which give a true
and fair view of the state of affairs of the charitable company and of the incoming resources and application
of resources, includingihe income and expenditure, of the charltsble companyforthat period. In preparing
these financial statements, the trustees are reouired to:
Select suitable accounting policles and then apply them consistently;
observe the methods and principles in the Charities SORP IFRS 1021;
make judgements and estimates that are reasonable and prudent.
state whether applicable accounting standards have been followed, subject tri any material departures
disclosed and explained in the financial statements,. and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that
the charity will continue in business.
Page 8

Breckenbrough School knmited
Report ol the Trustees
for the Year Ended 31 August 2021
The trustees are responsible for keeping proper 3ccounling records that disc105e with reasonable accuracy
at any time the financial position of the charitablo company and enablè them to ensure that the financial
statements Comply with the Companies Act 2006. They are also responsible for 5afeguardin8 the assets c>f
the charitable company and hen￿ for taking reasonable steps for the prevention and detection of fraud and
other irregularities.
In so far as the trustees are aware..
there is no relevant audit information of which the charitable companrfs auditor is unaware,. and
the trustees have taken all steps that they ought to have taken to make themselves aware of any
relevant audit infomiation and to establish that the auditor is aware of that information.
The trustee5 are responsible for the maintenance and integrity of the corporate and financial information
included on the charitable comp3n(s website.
Legislation In the United Kingdom governing the
preparation and dissemination of financial statements may differ from legislation in otherjurisdiciions.
This report has been prepared in accordance with the special provisions of Part 15 of the Companie5 Act 2006
relating to small companies.
Approved by order of the board of trustees on 24 May 2022 and signed on its behalf by..
A clarke
Pa8e 9

Breckenbrough school Limited
Indepèndent Auditor's Report on the Financial Statements to the Trustees of Breckenbrough
School Limited
Opinion
We have audited the financial statements of Breckenbrough School Limited for the year ended 31 August 2021
which comprise Statement of Financial Activities, Balance Sheet, Statement of Cash flows and notes to the
financial statement5, including significant accounting policie5.
The financial reporting framework that has
been applied in their preparation is applicable law 2nd United Kingdom Accounting Standards, including
Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland
Iunited Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements..
give a true and fair view of the charitable company's State of affairs as at 31 August 2021 and of its
incoming resources and application of restsurces, including its income and expenditure, for the yearthen
ended,.
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice,. and
have been prepared in accordance with the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII 3nd applicable
law. Our responsibilities under those standards are further described in the Auditorfs responsibilities for the
audit of the financial statement5 Section of our report. We are independent of the charitable company in
accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK.
including the FRC'5 Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with
these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to
provide a basis for our opinion.
Conclusions relating to going ¢on¢ern
In auditing the financial statement5, we have concluded that the trustees, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to event5 or
conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to
continue as a going concern for a period of at least twelve months from when the financial statements are
authorised for issue.
Our re5ponsibilitie5 and the responsibilities of the trustees with respect to going concern are described in the
relevant sections of this report.
Other information
The trLJStees are responsible for the other information. The other information comprises the information
included in the annual report, other than the financial statements and our auditorfs report thereon. Our opinion
on the financial statements does not cover the other information and, except to the extent otherwise explicitly
stated in our report. we do not expres5 any form of assurance conclusion thereon.
Our responsibility is to read the other information and, in doing so. consider whether the other information is
materially incon515tent with the financial Statements or our knowledge obtained in the course of the audit or
otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material
Page 10

Breckenbrough School Llmited
Independent Auditorfs Report on the Nnanclal Statements to theTrustees of Breckenbrough
School Llmited
misstatements, we are required to determine whether this gives riseto a material misstatement in the financial
statement5 themselves. If, based on the work we have performed, we conclude that there is a material
mlsstatement of this other information we are required to report that fact.
We have nothing to report in this reBard.
Opinions on other matter5 prescribed by the Companies Act 21N)6
In our opinion. based on the work undertaken in the course of the a¥Jdit:
the informatlon given in the Trurteeg Annual Report which includes the Dirertor5' Report for the
financial year for which the financial statements are prepared is consistent with the financial
Statements,. and
the Trustees, Annual Report which includes the Directors. Report has been prepared In accordance with
applicable legal requirements.
Matters on whlch we are requlred to report by exception
In the light of the knowledge and understanding of the charTtable company and its environment obtained in the
course of the audtt, we have not identified material misstatements In the Trustees, Annual Report.
We have nothlng to report In respert of the following matters where the Comp3nies Art 2W6 requires us to
report to you if, in our opinion..
dequate accounting records have not been kept, or retums adequate for our aLJdit have not been
received from branches not visited by us,. or
the financial Statements are not in agreement with the accounting records and returns; or
certain disc105ures of trustees, remuneration specified by law are not made,. or
we have not received all the infom)ation and explanations we require for our audit.-or
the trustees were not entttled to prepare the financial statements in accordance with the small
companies regime and to take advantage of the small companie5 exemption in preparing the Trustee
Annual Report.
Responslbllltles of trurtees
As explained more fully in the Trustees, Responsibilities Statement set out Dn page 9, the trustees (who are also
directors of the charitable cornpany forthe purposes of company lawl are respc>nsible for the preparation of the
financial statements and for being satisfied that they give a true and fair view, and for such internal control as
thetrustees determirke is neces5aryto enable the preparation of financial statements that are free from material
misstatement, whether due to fraud or error.
In preparing the finanual statements. the trustees are responsible for assessing the charitable cornpany's ability
to continue as a Eoing concern, disclosin& as applicable, matters related to going concern and using the going
concern basis of accountin8 unless the trustees either intend to liquidate the charitable company or to £ea5e
operations, or have no realistic alternative to do so.
Audltorfs responsibilities for ihe audit of the financlal statements
We have been appointed as auditors under the Companies Act 2006 and report In actordance with regulations
made under that Act.
Page 11

Bre¢kenbrough School Limited
Independent Auditorfs Report on the Financial Statements to the Trustees of Breckenbrough
School Limited
Our objectives are to obtain reasonable assurance about whether the financial statement5 a5 a whole are free
from material misstatement, whether due to fraud or error, and to issue an auditor's réport that include5 our
opinion. Reasonable assurance is a high level of a55urance but is not a guarantee that an audit conducted in
accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstaterllent5 can arise
from fraud or error and are considered Material if, individually or in the aggregate, they Could reasonably be
expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regu5ations. We design procedure5
in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities,
including fraud. The Specific procedures for this engagement and the extent to which these are capable of
detecting irregularities. including fraud are detailed below.
1dentifying and assessing risks related to irregularities..
We assessed the susceptibility of the charitable company's financial statement5 to material misstatement and
how fraud might occur, including through discussions with the trustees, discussions within our audit team
planning meeting, updating our record of internal controls and ensuring these contro15 operated as intended.
We evaluated possible incentives and opportunities for fraudulent manipulation of the financial statements.
We identified laws and regulations that are of significance in the context of the charitable company by
discussions with trustees and updating our understanding of the sector in which the charitable company
operates.
Laws and regulations of direct significance in the context of the charitable company include The Companies Act
2006, guidance i55ued by the Charity Commi55ion for England and Wales and guidance issued by the Department
for Education.
Audit response to risks identified-.
We considered the extent of compliance with these laws and regulations as part of our audit procedures on the
related financial statement items including a review of financial statement disclosures. We reviewed the
charitable company's records of breaches of law5 and regulations. minutes of meetings and correspondence
with relevant authorities to identify potential material misstatement5 arising. We discussed the charitable
company's policie5 and procedures for compliance with laws and regulations with members of management
responsible for compliance.
DLJring the planning meetin8 Wlth the audit team. the engagement partner drew attention to the key areas
which rllight involve non-compliance with laws and regulations or fraud. We enquired of management whether
they were aware of any instances of non-compliance with laws and regulations or knowledge of any actual,
suspected or alleged fraud. We addressed the risk of fraud through management override of controls by testing
the appropriateness of journal entrie5 and identifying any Significant transactions that were unusual or outside
the normal course of business. We assessed whether judgements made in making accounting estimates gave
rise to a possible indication of management bias. At the completion stage of the audit, the engagement partner's
review included ensuring that the team had approached their work with appropriate professional scepticism
and thus the capacity to identify non-compliance with laws and regulations and fraud.
There are inherent limitations in the audit procedures described above and the further removed non-
compliance with laws and regulations is from the events and transactions reflected in the financial statements,
the less likely we would become aware of it. Also, the risk of not detecting a material mi55t3tement due to fraud
is higher than the risk of not detecting one resulting frorn error, as fraud may involve deliberate concealment
by, for example, forgery or intentiona1 mi5repre5ent3tion5, or through collusion.
Page 12

Breckenbrough School Limited
Independent Auditorfs Report on the Financial Statements to thè Trustees of Breckenbrough
School Limited
A further description of our responsibilities is available on the Financial Reporting Council's website at..
www.frc.or
auditorsres
onsibilities. Thi5 description forms part of our auditor's report.
Use of our report
Thi5 report is made solely to the charitable company's members, a5 a body, in accordance with Chapter 3 of Part
16 of the Companies A¢t 2006. Our audit work has been undertaken SD that we might state to the charitable
company's members those matters we are required to state to them in an auditor's report and for no other
purpose, To the fullest extent permitted by law, we do not accept or assume re5POnsibility to anyone other
than the charitable company and the charitable company's members as a body, for our audit work, for thi5
report, or for the opinions we have formed.
Sally Appleton BAIHonsl FCA (Senior Statutory Auditor)
For and on behalf of
Saffery Champness LLP
Chartered Accountants
Statutory Auditor5
Mitre House
North Park Road
Harrogate
North Yorkshire
HGI SRX
25 May 2022
Saffery Champness LLP is eligible to art as an auditor in terms of section 1212 of the Companies Act 2006
Page 13

Breckenbrou8h School Limited
Statement of Flnanc5al Actlvltles
(including Income and expenditure account)
for the year ended 31 August 2021
2021
2020
Restrirted Endowment Total fund5 Total funds
funds
lunds
Unrestrirted
fund5
Notes
In¢omg and endowments
from:
Donation5 and legacie5
Charitsble activities
Other trading activities
Investments
Other
174,061
3,775.160
1.117
49,444
833,182
223,505
4.608,342
1,117
12
34,531
33,070
4,056.766
1,366
323
20,955
12
34.531
Total
3,984,869
882,626
12
4.867.507
4,112,480
Expendlture on:
Raising fund5
Charltable artivlties
1,382
3,874,474
3,203,969
854,323
4,058,292
Total
3.203.969
854.323
4,058,292
3,875,856
Net income
780,900
28.303
12
809,215
236,624
Transfers between funds
17
12
1121
other reco8nlsed
galns/l105sesl
Actuarial gainl Ilossl on
defined Benefit Scheme
132
132
11,o)001
Net movements in fund5
781.044
L8303
809,347
235,624
Reconciliation of funds:
Total funds brought fon•Jard
2.039.851
9.620
133,079
2,182,550
1,946,926
Total funds carried lorward
2,820,895
37.923
133,079
2,991,897
2,182,550
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive fvom continuing activities.
The notes form part of these financial statements.
Page 14

Breckenbrough School Limited
Balance Sheet
as at 31 August 2021
2021
2020
Notes
Flxed assets
Tangible assets
Investments
li
12
1,276,324
48,770
1,243,817
48.761
1.325.094
1,292,578
Current assets
Stocks
Debtors
Cash at bank and in hand
1.944
1,661,524
1,612.855
4,4.51
1,087,227
1,385,372
13
3,276,323
2,477,050
Credltors
Amounts falling due within one year
14
I1￿38,494) 11,489.0781
Nel current assets
1.737.829
987,972
Total assets less current liabilltles
3,062,923
2,280,550
Creditors
Arnounts falling due after more than one year 15
{71,026)
198,0001
Net assets
2.991,897
2,182,55Q
Funds
Unrestricted fund5-general
Unrestricted funds- designated
Restricted funds
Endowment fund5
17
1,920,895
900,OOQI
37.923
133,079
1,739,851
300,000
9,62D
133,079
Total funds
2.991,897
2,182,550
The notes form part of these financial statements
The trustees have prepared accounts in accordance with section 398 of the Companies Act 2006 and section
138 of the Charities Art 2011. These accounts are prepared in accordance with the special provlslons of Part
IS of the Companies Act relating to small companies and constitute the annual accounts required by the
Companies Act 2006 and are for circulation to members of the company.
The financial statements were approved by the Board of Trustees on 24 May 2022 and were signed on its
behalf by..
A Clarke
Trustee
c1400
Reglstered Company number 06223076
Page 15

Breckonbrough School LSmlted
Statement of cash flows
for the year ended 31 Au8usI 2021
2021
2020
Notes
Cash flows frorn operatln8 a¢tlvitles
Net cash provided by operating activities
19
405,695
385,008
Cash flows frc*m investing artlvltles
Interest from investments
Purchases of property, plant and equipment
12
1178215)
323
1264,5361
(178.2031
1264.2131
Cash flows from flnanclng aciivities
Repayments of borrowing
178,433
178,4331
Change In cash and cash equl¥alents in the
reporting perlod
Z27.492
42362
Cash and c35h equivalents at the beginnlng
of the reporting period
1,434,133
1,391.771
Cash and cash equlvalents atthe end of the 20
reportln8 period
1,661.625
1,434.133
Analysis of changes in net debt
At I Sept 202Q
Cash Ilows At 31 AUE 2021
Cash
IA34,133
1,434,133
227,492
227,492
1,661,625
1.661,625
Total
1,434,133
227.492
1,661,625
The notes form part of these financial statements
Page 16

Breckenbrough School Limited
Notes to the financial statements l¢ontinuedl
for the year ended 31 August 2021
Accounting policies
Accounting convention
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities.. Statement of Recommended Practice applicable to tharities preparing their account5 in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021 (effective l January 20191 (Charitie$ 50RP IFRS 10211, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2QO6.
The financial statements are prepared in sterling, which is the furictional currency of the company.
Monetary amounts in these financi31 statements are rounded to the nearest £.
Breckenbrough School Limited meets the definition of a public benefit entity under FRS 102.
Assets and liabilities are initially recDgnised at historical cost or transaction value unless otherwise
stated in the relevant accounting policy notes.
Going concern
In assessing the ability of the school to continue a5 a going concern the Trustees are mindful of the
future commitment5 and cash is rllonitored day to day ènd longer term. The Trustees are of the view
that the company is a going concern.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity has
entitlement to the funds, any performance conditions attached to the items of income have been met,
it Is probable that the income will be received and the amount can be measured reliably and are stated
gross within the Statement of Financial Activitie5.
Fees receivable consists of charges levied for the provision of services for the year to 31 August 2021
in accordance with the Trust Deed.
Grants are recognised in the Statement of Financial Activities when the charity ha5 entitlement to the
fLJnds, any performance conditions attached to the grants have been met, it is probable that the
income will be received and the amount can be measured reliably and is not deferred. Where the
donor ha5 imposed restrictions then the 8r3nt is treated as a restricted fund, Grants which are
repayable if not utilised within a specific period are deferred until expended.
Legacies are recognised when the entitlement to the legacy is known with certainty, the value of the
legacy receipt can be quantified with reasonable certainty and the timing of the receipt is known with
reasonable probability.
Incoming resource5 from endowment funds are unrestricted income.
Resources expended
Expenditure is accounted for on an accruals basis and ha5 been classified under headings that
aggregate all c05t related to the category. Where costs cannot be directly attributed to particular
heading5 they have been allocated to activities on a basis consistent with the use of resources.
Irrecoverable VAT is included in the SOFA in the cost of the expenditure incurred.
Page 17

Breckenbrough School Limited
Notes to the tinancial statements l¢ontinuedl
for the year ended 31 August 2021
Accounting policies Icontinuedl
Cost5 of generating funds comprise the costs associated with attracting pupils, in order to generate
income.
Education and training comprise the costs incurred by the charity in the delivery of its activities and
services for its beneficiaries. It includes both cost5 that can be allocated directly to such activities and
those cost5 of an indirect nature necessary to support them.
Governance costs include those costs associated with meeting with the constitutional and statutory
requirements of the Charity and include the audit fees and costs lillked to the strategic management
of the Charity.
AII costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect
the use of the resource. Costs relating to a particular activity are allocated directly,. others are
apportioned on an appropriate basis, e.g. estimated usage.
Tanglble flxed assets
Fixed assets are stated at historical CDSt.
No depreciation is provided on freehold land.
Depreciation 15 provided on all other tangible fixed assets at rate5 calculated to write each a55et5 down
to its estimated residual value over its expected useful life, as follows..
Freehold properties
Equipment, fixture$ and fittings
Computer equipment
Motor vehicles
2%- Straight line
20% - Reducing balance (except boilers 4% straight1inel
33.3/ Straight line
25% - Reducing b313nce
Leased assets are depreciated on a straight-line basis over the period of the lease.
Donated assets are capitalised at estimated c05t.
Stocks
Stocks are valued at the lower of cost or net realisable value, after making due allowance for ob501ete
and slow-moving items.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Financial instrumènts
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measure at their settlement value with the exception of bank loans which are subsequently measured
at amortised costs using the effective interest method.
Page 18

Breckenbrough School Limited
Notes to the financial statements Icontinuedl
for the year ended 31 August 2021
Accounting policies Icontinuedl
Fund accounting
Unrestricted fund5 can be used in accordance with the charitable objective5 at the discretion uf the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Endowment funds are restricted funds that represent a donation to the Charity with specific criteria
that the Charity must follow.
Further explanation of the nature and purpose of each fund 15 included in the note5 to the financial
statement5.
Hire purchase and leasing commitments
Asset5 obtained under hire PLJrchase contracts or finance leases are capitalised in the Balance Sheet.
Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held
under finance leases are depreciated over their estimated useful live5 or the lease term, whichever is
shorter.
Renta15 paid under operating leases are charged to the Statement of Financial Activities on 3 straight-
line basis over the period of the lease.
Pension costs and other post-retirement benefits
The Charity contributes to the Teachers, Pension Defined Benefits Scheme at rates set by the Scheme
Actuary and advised to the Board by the Scheme Administrator. The scheme is a multi-employer
pension scheme and it is not possible to identify the assets and liabilitie5 of the scheme which are
attributable to the School. In accordance with FRS 102, therefore, the scheme is accounted for as a
defined contribution scheme.
In respect of non-teaching staff, the school contributes to a defined benefit scheme administered by
the Pension Trust. The 5cherlle is a multi-employer pension scheme and it is not possible to identify
the a$5et$ and liabilities ol the scheme which are attributable to the school. In accordance with FRS
102, therefore, the scheme is accounted for as a defined contribution scheme.
Contributions to both schemes are charged in the SOFA as they become payable in accordance with
the rules of the schemes.
In respect of one staff member, contributions are made to a Self-lnvested Pension Plan ISIPPI.
Contributions are charged to the SOFA as they become payable.
Teaching costs
Supplies of games equiprllent, books, stationery and sundry materials are written off to the gèneral
fund account when the expenditure is incurred.
Page 19

Breckenbrough School Llmlted
Notes to the financial statements Icontinuedl
for the year ended 31 August 2021
Comparative SOFA
Unrestricted
funds
Restricted
funds
Endowment
funds
Total
funds
2020
Donations and legacies
Charitable activities
Other trading activities
Investments
Other
867
3.355.500
1,366
32,203
701.266
33,070
4,056,766
1,366
323
20,955
323
20,955
Total
3,378,688
733,469
323
4,112,480
Raising funds
Charitable activities
1,382
3,141,005
1,382
3,874,474
733,469
Total
3,142,387
733,469
3,875,856
Net income
236,301
323
236,624
Income from donations and legacies
Unrèstricted
fund5
Restricted Endowment
funds
funds
2021
2020
Donations
Legacies
Grant-
2,032
172,029
7,038
9.070
172,029
42,406
6,892
42,406
26,178
174,061
49,444 -
223,505
33,070
Included in donations in 2020 is restricted donations of £6,025 and unrestricted donations of £867. In
2020, the grant income all related to restricted funds.
Page 20

Breckenbrough School Limited
Notes to the financial Statements Icontinuedl
for the year ènded 31 August 2021
Income from charitable activities
Unrestricted
funds
Restricted Endowment
funds
funds
2021
2020
Fees
Recharges for
other costs
ESFA
Other income
and grants
3,661,171
3,661,171
3,251,718
111.046
111,046
833,182
97,509
701,266
833,182
2,943
2,943
6,273
3,775,160
833,182
4,608.342
4,056,766
In 2020 £701,266 of ESFA income related to restricted funds. All other income from charitable
activities was unrestricted in 2020.
Income from other actlvlties
Unrestricted Restricted Endowment
funds
funds
funds
2021
2020
RHI and FIT income
School Trips
Computing and cycle
to work scheme
Other
26,643
13,3551
11,240
26,643
13,3551
11,240
16,668
7,4SS
13,2131
45
34,531
34,531
20,955
There was a net outflow in relation to school trips in the year relating to refund5 for cancelled trips
due to covid.
Expenditure on charitable actlvltles
Direct costs Support costs
2021
2020
School
Welfare
Piemises
3,061.151
32.153
382.105
582.883
3,644,034
32,153
382,105
3,540,633
16,282
317,559
3,475,409
582,883
4,058,292
3,874,474
Included in expenditure on charitable attivities is £854,323 relating to restricted funds12020
£733,469 restricted)
Page 21

Breckenbrough School Limited
Notes to the financial statements Icontinuedl
for the year ended 31 August 2021
Support Costs
Information
technologv
Human
Management
Flnan¢e
resources
Totals
School
476,967
20.520
82,294
3.102
582.883
Support costs, included in the above, are a5 follow5.'
2021
2020
Wages
Social security
Pensions
Hire of plant and machinery
InsLJrance
Postage and stationery
Travelling and motor
Profe55ional fee5
Bank charges
Computer licences and IT
Recruitment
Governance
261,763
23.283
6,116
56,359
55,871
29,973
25,510
15,955
2.137
82,294
3.102
20,520
239,011
22,466
13,565
66,892
48,845
36,708
29,429
27,841
3,353
78,535
2,843
18,328
582,883
587,816
Net incoming resources
Net resources are stated after charging..
2021
2020
Governors, travel
Auditor5, remuneration
Auditors, remuneration for non-aLJdit work
Depreciation - owned assets
Hire of plant and machinery
Loss on disposal of fixed assets
388
14,140
3.800
87,911
66,892
17,820
2,700
131,943
56,359
2.579
Trustees, remuneration and benefits
The charity trustees were not paid or received any other benefits from employment with the Charitv
in the year12020.' £nill. No charity trustee received payment for professional or other gervite5 supplied
to the chèrity12020.. £nill.
Trustees, expenses
Travel expenses of £nil12020.. £3881 were reimbursed to zero12020.. three) Governors during the year.
P8ge 22

Breckenbrough School Limlted
Notes to the financial statements Icontinuedl
for the year ended 31 August 2021
io.
Staff costs and the cost of key management personnel
2021
2020
Wages and salaries
Social security Costs
Other pension costs
2.562,393
252,039
368,195
3,182,627
2,385,442
227,977
331,652
2,945,071
Supply staff costs
30,724
61,836
3,213,351
3,006,907
The average monthly number of employees during the year was as follows..
2021
42
2020
40
Teèching and counselling
Domestic
Care
Administration
18
17
73
72
The number of employees included in the above whose emoluments, excluding pension contributions,
exceeded £60,000 were as follows.. -
2021
2020
£60,000 to £70,000
£70,001 to £80,000
£80,001 to £90,000
£90,001 to £lOO.000
Pension contributions paid into a defined benefit scheme for the one member12020'. one member? of
staff earning over £60,000 were £20,14212020.. £19,1411.
The key management personnel of the charity comprise the board of trLJStees, Headmaster and the
senior leadership team. The total employee benefits of the key management personnel of the Trust
were £441,90012020.. £420,439).
Page 23

8reckenbrough School Limited
Notes to the financial statements Icontinuedl
for the year ended 31 August 2021
ii.
Tangible fixed assets
Land and
buildings
Plant and
machinery
etc
Totals
Cost
At I September 2020
Additions
Disposals
1,129,120
14,195
935,465
2,064,585
164,020
178,215
1100,2551 1100,2551
At 31 August 2021
1.143,315
999.230
2,142,545
Depreciation
At I September 2020
Charge for year
Disposals
270,900
22,840
549,868
109,103
186.4901
820,768
131,943
186,4901
At 31 August 2021
293,740
572,481
866,221
Net book value
At 31 August 2021
849,575
426,749
1,276,324
At 31 August 2020
858,220
385,597
1,243,817
Included in cost or valuation of land and buildings is freehold land of £50012020- £5001
The Company 15 the Custodian Trustee of the Breckenbrough School Charitable Trust and also the sole
Trustee entrusted to manage the affairs of that Charitable Trust which includes the permanent
endowment property and investment5 a5 indicated in Note 17 of these financial statements. Financial
Reporting Statement 102 requires that the substance of an entity's transactions is reported in its
financial statements.
Thi5 requires that the commercial effect of a transaction and any re5u5ting assets, liabilities, or gains
and losses are shown and that the accounts do not merely report the legal form of a transaction.
Following this. the Company has included the freehold land and buildings, and investments subject to
permanent endowment, within its Balance Sheet.
All fixed assets are held for continuing use in the Charity's activities.
The freehold land and buildings were professionally valued on 3 March 2020 on an Dpen market basis
at £2.280,000 by Barry Crux & Company Limited, Chartered Surveyors. The Trustees do not con5ideT
that the valuation would have Changed Significantly between thi5 year end and the valuation date.
Page 24

Breckenbrough School Limited
Notes to the flnancial statements lcontinuedl
for the year ended 31 August 2021
12.
Fixed asset investments
By the Trust Deed. the investments are not SLJbject to the limitations of the TrustÈÈ Invèstmènts Act.
The investment5 represent a bank deposit account within the Endowed Funds (see notes 17 and 181.
13.
Debtors: amounts falling due wlthln one year
2021
2020
Trade debtors
Other debtors
1.249.480
412,044
926,994
160,233
1,661,524
1,087,227
14.
Creditors: amounts falling due within one year
2021
2020
Trade creditors
TaxatlDn and social security
Other creditors
Pension scheme liability
76,150
58,OlZ
1,377,332
27,000
100,698
53,743
1.307,637
27,000
1.538,494
1,489,078
Other creditors comprised..
2021
2020
Fees in advance
Pension scheme contributions
Accruals
other creditors
1.272.779
43,238
58,558
2,757
1,173,846
30,139
101,016
2.636
1,377,332
1,307,637
15.
Creditors: Amounts falling due after more than one year
2021
2020
Pension
71.026
71.026
98,000
98,000
Page 25

Breckenbrough School Limlted
Notes to the financial statements Icontinuedl
for the year ènded 31 August 2021
16.
Operatlng lease commitments
At 31 August 2021 the charity had outstanding Commitments for future minimum lease payment5
under non-cancellable operating leases, which fall due as follows..
2021
2020
Within one year
Between one and five years
42.220
791
42,220
43,011
43,011
85,231
17.
Movement in funds
Incoming
resources
Resources
expended
Gains,
losses and
transfers
At 1.9.20
At 31.8.21
Unrestrlcted
funds
General fund
Designated fund
Capital grant
1,656,581
300,000
83,270
2,039,851
3,984,869
13,203,969)
1599,8561
600,000
1,837,625
900,iJOO
83,270
2,820,895
3,984,869
13,203,969)
144
Restricted lunds
DFC Grant
ESFA funding
9,620
49,444
833,182
882,626
149.4441
1804,8791
1854,3231
9,620
28,303
37.923
9.620
Endowed funds
Foundation
capital
Lone House
capital
84,579
84,579
48,500
12
1121
48,500
133,079
2,182,550
12
4,867.507
1121
132
133,079
2,991,897
Total funds
14.058,2921
Page 26

Breckenbrough School Limited
Notes to the financial statements Icontinuedl
for the year ended 31 August 2021
17.
Movement in funds Icontinuedl
Capital grant- unrestricted
Thi5 is a designated fund which represent5 a capital grant which was received from the Department
for Education and Skills and may be repayable in the event of the c105ure of the School.
DFC Grant
The DFC grant is amounts received for capital funding to be used for improvements to buildings and
other facilities, including ICT, or capital repairs and refurbishment. The transfer to unrestricted funds
represents the amount spent in the year on capital items using this grant.
ESFA funding
These monies were received from the Education and Skills Funding Agency for the education and
support activities of the school and were fully utilised in the year.
Endowed funds
The Foundation capital represents the original endowment to provide for the establishment of the
Charity. The Lone House capital represents the replacement under a recouprllent order of sums
expended following the sale of the property known as Lone House. The amount outstanding at the
vear-end under the order amounted to £48,500, which represent5 the origin31 value. The investment
generated £12 of interest during the year which has been transferred to unrestricted fund5.
Designated funds
Designated funds at 31 August 2021 comprise of..
£550,000 construction fund to be used for classroom maintenance and in creation of a new building
within the grounds that will allow us to deliver our therapeutic provision in a purpose-built area
allowing space, quietness and privacy for all our students. The fund is expected to be spent over the
next 12 months. A further £250,000 was designated to this fund in the year.
£200,000 classroom fund. The school has identified the need for one more classroom space as student
numbers increase. This was all designated in the year.
£1S0.000 alternative site provision. These funds have been designated in the year to help fund an
enhancement to the school's current provision on an alternative site. The funds will be used to equip
the facility to ensure it Is fit for purpose.
PagÈ 27

Breckenbrough School Limited
Note5 to the financial statements Icontinuedl
for the year ended 31 August 2021
18.
Analy515 of net assets between funds
2021
Total
funds
Unrestricted
funds
Restricted Endowment
funds
funds
Fixed assets
Investments
Current a55ets
Current liabilities
Long term liabilities
1,182,125
270
3,248,020
11,538,4941
171,0261
9.620
84,579
48,500
1,276,324
48,770
3,276,323
11,538,4941
171,0261
28.303
2,820,895
37.923
133,079
2,991,897
Prior year analysis of net assets between funds
2020
Total
funds
Unrestricted
funds
Restricted Endowment
funds
funds
Fixed assets
Investments
Current assets
1,149.618
261
2,477,050
11,489,078)
198.0001
9,620
84,579
48,500
1,243,817
48.761
2,477,050
11.489,0781
198,0001
Long term liabilities
2,039,851
9,620
133,079
2,182,550
19.
Reconciliation of net income to net cash flow from operating activitie5
2021
2020
Net income for the reporting period
Adjusted for:
Depreciation
Loss on disposal of fixed assets
Investment income
Decrease/lincreasel in stocks
Ilncreasel in debtors
Increase in creditors
Pension scheme non-cash movement
809.347
235,624
131.943
13,765
1121
2,507
1574,2971
49,416
126,974}
87,911
3,205
13231
263
1112,1791
194,507
124,0001
405,695
385,008
Page 28

Breckenbrough School Limited
Notes to the financial statements lcontinuedl
for the year ended 31 August 2021
20.
Analysis of cash and cash equivalents
2021
2020
Cash in hand
Cash held as investment
1,612,855
48,770
1.385,372
48,761
1,661,625
1.434.133
21.
Pension commitments
Teachers, Pension Scheme
Introduction
The Teachers, Pension Scheme ITPSI is a statutory, contributory, defined benefit 5chemÈ, governed by
the Teachers, Pension Scheme Regulations 2014. Membership is automatic for full-time teachers in
schools and, from I january 2007, automatic for teachers in part-time employment following
appointment or a change of contract, although they are able to opt out.
The TPS is an unfunded multi-employer defined benefits pension scheme Eoverned by The Teachers.
Pensions Regulations 2010 las amended) and The Teachers, Pension Scherlle Regijlations 2014 las
amended). Members contribute on a 'pay as you go" basis with contributions from members and the
employer being credited to the Exchequer. Retirement and other pension benefits are paid by public
funds provided by Parliament.
The employer contribution rate is set by the Secretary of State following 5cherNe valuations
undertaken by the Government Actuary's Department. The most recent actuarial valuation of the TPS
was prepared as at 31 March 2016 and the Valuation Report, which wa5 published in March 2019,
confirmed that the employer cc>ntribution rate for the TPS would increase from 16.4% to 23,6% from
I September 2019. Employers are also required to pay a scheme administration levy of 0.08% giving a
totèl employer contribution rate of 23.68Yo.
The next valuation result is due to be implemented from l April 2023.
The employer'5 pension ¢05t5 paid to TPS in the period amounted to £304,85512020.' £263,879). At the
vear-end £35.75812020.. £30,139) was due to the scheme. No amounts were prepaid at either year
end.
A copy of the valuation report and supporting docurllentation is on the Teachers, Pensions website.
The Pensions Trust
The company participates in the scheme, a multi-employer scheme which provides benefits to some
950 non-associated participating employers. The scheme is a defined benefit scheme in the UK. It is
not P055ible for the company to obtain sufficient information to enable it to account for the scheme as
a defined benefit scheme. Therefore, it account5 for the scheme as a defined contribution scheme.
The scheme is subject to the funding legislation outlined in the Pensions Act 2004 which came into
force on 30 December 2005. This, together with documents issued by the Pensions Regulator and
Technical Actuarial
Page 29

Breckenbrough School Limited
Notes to the financial statements Icontinuedl
for the year ended 31 August 2021
21.
Pension commitments Icontinuedl
Standards issued by the Financial Reporting Council. Set out the framework for funding defined benefit
occupational pension schemes in the UK.
The Scheme is classified a5 a 'last-man standing arrangement,. Therefore, the company is potentially
liable for other participating employers, obligations if those employers are unable to meet their share
of the scheme deficit following withdrawal from the scheme. Participating employer5 are legally
required to meet their share of the scheme deficit on an annuity purchase basis on withdrawal from
the scheme.
A full actuarial valuation for the scheme was carried out at 30 September 2017. This valuation showed
asset5 of £794.9m, liabilities of E926.4m and a defi¢it of £131.5m. To eliminate this funding shortfall.
the Trustee has asked the participating employer5 to pay additional contributions to the scheme as
follows..
Deficit contributions
From l April 2019 to 30 September 2025..
£11,243,000 per ?nnum
(payable monthly and increasing by 3% each on 1st April)
Unless a concession has been agreed with the Trustee the term to 31 january 2025 applie5.
Note that the scheme's previous valuation was carried out with an effective date of 30 September
2014. This valuation showed assets of £793.4m, liabilities of £969.9m and a deficit of £176.5m. To
eliminate this fLJnding shortfall, the Trustee has asked the participating employers to pay additional
contributions to the scheme as follows..
Deficit contributions
From l April 2016 to 30 September 2025-
E12,945,440 per annum
(payable monthly and intfeasin8 by 3% each on Isi Aprill
From l April 2016 to 30 September 2028..
E54.560 per annum
(payable monthly and incre35ing by 3% each on 1st Aprill
The recovery plan contributions are allocated to each participating employer in line with their
estimated share of the Series l and Series 2 scheme liabilities.
Where the scheme is in deficit and where the company has agreed to a deficit funding arrangement
the company recognises a liability for thi5 obligation. The amount recognised 15 the net present value
of the deficit reduction contributions payable under the agreement that relates to the deficit. The
present value is calculated using the discount rate detailed in these disclosures. The unwinding of the
discount rate is recognised as a finance cost.
Present value of provisions
Period Ending
31 August 2021
Period Ending
31 Au8U5t 2020
Period Endlng
31 AuEUSt 2019
Present value of provisio
98,026
124.720
148,651
Page 30

Breckenbrough School Limited
Notes to the financial statements Icontinuedl
for the year ended 31 August 2021
21.
Penslon Commltments Icontinuedl
Reconciliatlon of opening and closing provisions
Period Ending
31 August 2021
Period Ending
31 August 2020
Provision at 5tait Df period
124,720
148,651
Unwinding ol ihe discount factor linterest expensel
605
1,305
126,3761
Retnea5urements- impact of any change in assumptions
1.140
Remeasuremenis- amendments to the contributlon schedule
Provi510ll at end of period
98,026
124,720
Income and expenditure Impact
Period Endlng
31 A￿8￿$1 2021
Period Ending
31 August 2020
Interest expense
605
1,305
Remeasuremen15- impact of any change in assumptions
1,140
Remeasurement5- 3mend(nents to the contribution schEdule
Costs reco8nised in income and expenditure account
intludes defined contribution schemes and future service contribLJtions li.e. excluding any deficit
reduction payments) to defined benefit schemes which are treated as defined contribution schemes.
Assumptions
31 August 2021
% per annum
31 August 2020
% per annum
31 August 2019
% per annum
Rate of discount
0.63
0.55
0.97
Thè discount rates shown above are the equivalent single discount rates which, when used to discount
the future recovery p13n contribLJtions due, would give the same results 35 Usin8 a full AA corporate
bond yield curve to discount the same recovery plan contributions.
Page 31

Bre¢kenbrough khool Umited
Notes tothe flnancial statements Icontinuedl
for the year ended 31 August 2021
22.
Capital commltments
At 31 August 2021 £nil12020- £27,089) capital expenditure had been contracted for. At 31 August 2021
there was no capital expenditure that had been approved but not yet contracted for12020- £nill.
23. Related party dlsdosures
Some members of the governorsltrustees also serve on the Board of the Charity, known as BeyDnd
BreckenbrouEh, whose activities include assistance with transition from the school along with the
provision of flnancial and other assistance to old boys of Breckenbrough School, directly or otherwise.
During the year salaries of £11,32912020'. £11,246) were recharged to Beyond Breckenbrough. At
the year end the school wa5 owed £66,77712020.' £54,466) by Beyond Breckenbrough.
There were no other related party transactions during the current or preceding year.
24. Ultlmate controlling party
Due to the diverse nature of the membership of the Company. no one member has control over the
company.
25. Llmited by Guarantee
The company is limited by guarantee so has no share capital. The members have guaranteed to provide
an amDunt of £1 in the event of the winding up of the company.
Page 32