| REFERENCEANDADMINISTRATIVEDETAILS | |
|---|---|
| GOVERNORS'REPORT | 2 |
| STATEMENTOFTRUSTEES' RESPONSIBILITIES | 7 |
| INDEPENDENTAUDITOR'SREPORT | 8 |
| STATEMENTOF FINANCIALACTIVITIES | 12 |
| BALANCE SHEET | 13 |
| CASHFLOWSTATEMENT | 14 |
| ACCOUNTINGPOLICIES | 15 |
| NOTESTOTHEFINANCIALSTATEMENTS | 18 |
| SUBJECT | NATIONAL(%) | SCHOOL(%) |
|---|---|---|
| Art | 85 | 100 |
| Business | 82 | 83 |
| English | 74 |
100 |
| French | 84 | 100 |
| Geography | 77 | 100 |
| History | 77 | 100 |
| Maths | 70 |
94 |
| PerformingArts | 87 | 100 |
| RE | 81 | 100 |
| Spanish | 84 | 100 |
| ACHIEVEMENTS | ANDPERFORMANCE (continued) |
|---|---|
| Month | Pupil numbersfor2020/21 |
| September | 155 |
| October | 155 |
| November | 153 |
| December | 153 |
| January | 157 |
| February | 157 |
| March | 161 |
| April | 164 |
| May | 162 |
| June | 165 |
| July | 165 (Beforeyear11 leavers) |
St Dominic' s Priory School (Stone) GOVERORS'REPORT
STRUCTURE, GOVERNANCE AND MANAGEMENT (continued)
Organisational structure (continued)
Before consideration by the full Gover g Body matters are normally discussed by specialist sub committees, which comprise:
-
Finance
-
Facilities - Education/ Catholic Life
-
Business and development
Governors Appointment and Training
The governors constantly review the balance of professional experience and strengths within the Governing Body. The Governing Body includes Governors specifically identified for their experience and capability in the fields of business management, finance, facilities, and education.
All prospective External Governor appointees are agreed by the full Governing Body prior to appointment and on appointment undergo an induction programme. This induction programme includes necessary information and support to fulfil their role, such as being invited to the school by the Headteacher and attend induction training. Parent Governors are appointed by the parents of pupils at the school. Governor training is provided on an 'as required' basis. When governors join the board they are made members of AGBIS, who have many training courses that governors if they wish can take part in. As well as that we are in the process of updating and reimplementing our induction procedure.
During this period, an independent review of the Governing Body was carried out by The Association of Governing Bodies of Independent Schools (AGBIS) and its recommendations have been reviewed and are being implemented where necessary, which includes reviewing the Articles of Association.
DISCLOSURE OF INFORMATION TO AUDITORS
In so far as each of the Governors are aware, as governors of the charitable company, at the date of the report:
-
there is no relevant audit information of which the charitable company's auditors are unaware; and
-
each Governor has taken all the steps that he or she should have taken as a Governor in order to make him or her aware of the relevant audit information and to establish that the charitable company's auditors are aware of that information.
By order of the board
Karen Champ Governor and Trustee
16 February 2022
Page6
C'S INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ST DOM PRIORY SCHOOL {STONE)
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at ht://www.fc.org.uk/auditrsresponsibilities. This description forms part of our auditor's report.
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so 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 responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.
RSM UK Audit LLP
Anna Spencer-Gray (Senior Statutory Auditor) For and on behalf of RSM UK AUDIT LLP, Statutory Auditor Chartered Accountants Festival Way Festival Park Stoke-On-Trent STl 5BB
Date: 25 February 2022
Page 11
| Restricted | Unrestricted | Total | Restricted | Unrestricted | Total | ||
|---|---|---|---|---|---|---|---|
| funds 2021 | funds 2021 | 2021 | funds2020 | funds 2020 | 2020 | ||
| £ | £ | £ | £ | £ | £ | ||
| Note | |||||||
| INCOME ANDENDOWME NTS | |||||||
| FROM: | |||||||
| Charitable activities: | |||||||
| Donationsand legacies | I | 12,583 | 319,118 | 331,701 | 20,000 | 1,688,614 | 1,708,614 |
| Schoolfees receivable | 2 | 2,960 | 1,484,471 | 1,487,431 | 31,267 | 1,354,297 | 1,385,564 |
| Othertrading activities | 4 | 2,640 | 2,640 | 1,687 | 1,687 | ||
| Other operating income | 111,340 | 111,340 | 150,479 | 150,479 | |||
| Investmentincome | 3 | 25 | 25 | 1,411 | 1,411 | ||
| TOTAL INCOME | 15,543 | 1,917,594 | 1,933,137 | 51,267 | 3,196,488 | 3,247,755 | |
| EXPENDITURE ON: | |||||||
| Raising funds | 4,346 | 4,346 | 3,442 | 3,442 | |||
| Charitable activities: | |||||||
| School operatingcosts | 5 | 31,795 | 2,302,658 | 2,334,453 | 17,872 | 2,321,162 | 2,339,034 |
| Other | 7 | 7,400 | 7400 | ||||
| TOTAL EXPENDITURE | 31,795 | 2,314,404 | 2,346,199 | 17,872 | 2,324,604 | 2,342,476 | |
| NET(EXPENDITURE )/INCOME | |||||||
| BEFORE OTHER RECOGNISED | |||||||
| GAINS AND LOSSES | (16,252) | (396,810) | (413,062) | 33,395 | 871,884 | 905,279 | |
| --- | |||||||
| NET MOVEMENTS IN FUNDS | (16,252) | (396,810) | (413,062) | 33,395 | 871,884 | 905,279 | |
| RECONCILIATION OF FUNDS: | |||||||
| Totalfundsbroughtforward | 76,109 | 4,549,555 | 4,625,664 | 42,714 | 3,677,671 | 3,720,385 | |
| TOTAL FUNDS CARRIE D | |||||||
| FORWARD | 59,857 | 4,152,745 | 4,212,602 | 76,109 | 4,549,555 | 4,625,664 |
St Dominic' s Priory School (Stone) BALANCE SH T at 31 Augst 2021
BALANCE SH T at 31Augst2021 |
|||||
|---|---|---|---|---|---|
| Note | Unrestricted fund |
Restricted fund |
2021 Total funds |
2020 Total fnds |
|
| £ | £ | £ | £ | ||
| FIED ASSETS | |||||
| Tangible assets | 9 | 4,049,361 | 19,297 | 4,068,658 | 4,177,849 |
| CURRENT ASSETS | |||||
| Stocks | 10 | 3,372 | 3,372 | 2,981 | |
| Debtors Cah at bank |
11 | 83,758 286,816 |
40,560 | 83,758 327,376 |
95,784 592,563 |
| CURNT LIABIITIES Creditors: Amounts flling due within |
373,946 | 40,560 | 414,506 | 691,328 | |
| one year | 12 | (215,772) | (215,772) | (182,373) | |
| NET CU ENT ASSETS | 158,174 | 40,560 | 198,734 | 508,955 | |
| TOTAL ASSETS LESS CURNT | |||||
| LIABILITES | 4,207,535 | 59,857 | 4,267,392 | 4,686,804 | |
| Creditors: Amounts flling due afer | |||||
| more than one year | 13 | (54,790) | (54,790) | (61,140) | |
| NET ASSETS | 4,152,745 | 59,857 | 4,212,602 | 4,625,664 | |
| FUNDS | |||||
| Unresticted fnds Restricted fnds |
15 15 |
4,152,745 59,857 |
4,549,555 76,109 |
||
| TOTAL FUNDS | 4,212,602 | 4,625,664 |
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements on pages 11 to 27 were approved by the Trustees and authorised for issue on 16 February 2022 and are signed on its behalf by:
Company Registration number: 07563439 Registered Charity number: 1141147
Page13
| Note | 2021 | 2020 | |
|---|---|---|---|
| £ | £ | ||
| CASHFLOWSFROMOPERATING ACTIVITIES | |||
| Netcash (usedin)/provided by operatingactivities | 17 | (193,017) | 613,636 |
| Interestpaid | (4,346) | (3,442) | |
| (197,363) | 610,194 | ||
| CASHFLOWSFROMINVESTINGACTIVITES | |||
| Purchaseoftangiblefixedassets | (53,020) | (925,521) | |
| Interestreceived | 25 | 1,411 | |
| NETCASHUSEDININVESTINGACTIVITIES | (52,995) | (924,110) | |
| CASHFLOWSFROMFINNCIALACTIVITIES | |||
| Repaymentsofborrowings | (14,829) | (14,834) | |
| NETCASHUSEDINFINANCIALACTIVITIES | (14,829) | (14,834) | |
| CHANGEINCASH ANDCASHEQUIVALENTSIN | |||
| THEYEAR | (265,187) | (328,750) | |
| Cashandcashequivalentsbroughtforward | 592,563 | 921,313 | |
| CASH ANDCASHEQUIVALENTSCARRIED | |||
| FORWARD | 327,376 | 592,563 |
| Land | -no depreciation |
|---|---|
| Buildings | - 2% straight line |
| Non-educational equipment | - 5%- 20% straight line |
| Educationalbooks, equipment andfurniture | -20%straight line |
| **Restricted ** | Unrestricted | Restricted | Unrestricted | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | Total | funds | funds | Total | ||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | ||
| £ | £ | £ | £ | £ | £ | ||
| Grantsand | |||||||
| donations | 12,583 | 319,118 | 331,701 | 20,000 | 1,688,614 | 1,708,614 | |
| 12,583 | 319,118 | 331,701 | 20,000 | 1,688,614 | 1,708,614 | ||
| 2 | INCOME FROM | CHARITABLEACTIVITIES | |||||
| **Restricted ** | Unrestricted | Restricted | Unrestricted | ||||
| funds | funds | Total | funds | funds | Total | ||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | ||
| £ | £ | £ | £ | £ | £ | ||
| Gross School fees | 2,960 | 1,686,666 | 1,689,626 | 31,267 | 1,651,687 | 1,682,954 | |
| Bursaries | (84,059) | (84,059) | (98,815) | (98,815) | |||
| Sibling | |||||||
| allowances | (29,514) | (29,514) | (25,180) | (25,180) | |||
| Scholarships | (39,500) | (39,500) | (36,000) | (36,000) | |||
| Staffdiscount | (33,405) | (33,405) | (24,876) | (24,876) | |||
| Otherdiscounts | (15,717) | (15,717) | (20,917) | (20,917) | |||
| COVID-19 | |||||||
| summerterm | |||||||
| discount | (91,602) | (91,602) | |||||
| 2,960 | 1,484,471 | 1,487,431 | 31,267 | 1,354,297 | 1,385,564 | ||
| -- | |||||||
| 3 | INVESTMENT INCOME | ||||||
| Unrestricted Unrestricted |
|||||||
| funds | funds | ||||||
| 2021 | 2020 | ||||||
| £ | £ | ||||||
| Depositaccountinterest | 25 | 1,411 |
| OTHER TRADING ACTIVITIES | ||||
|---|---|---|---|---|
| Unrestricted | Unrestricted | |||
| funds | funds | |||
| 2021 | 2020 | |||
| £ | £ | |||
| Rentsand lettings | 2,640 | 680 | ||
| Moniesreceived from solicitors | 1,007 | |||
| 2,640 | 1,687 | |||
| CHARITABLEACTIVITIESCOSTS | ||||
| Staffcosts | Other | Depreciation | Total | |
| £ | £ | £ | 2021 | |
| £ | ||||
| School operatingcosts: | ||||
| Teachingcosts | 1,325,610 | 48,725 | 1,374,335 | |
| Welfarecosts | 81,617 | 81,617 | ||
| Premisescosts | 90,386 | 221,625 | 154,810 | 466,821 |
| Schooling supportcosts | 127,441 | 246,497 | 373,938 | |
| Governancecosts | 21,226 | 16,516 | 37,742 | |
| 1,564,663 | 614,981 | 154,810 | 2,334,453 | |
| Staffcosts | Other | Depreciation | Total | |
| £ | £ | £ | 2020 | |
| £ | ||||
| School operatingcosts: | ||||
| Teachingcosts | 1,237,775 | 61,240 | 1,299,015 | |
| Welfare costs | 142,714 | 142,714 | ||
| Premisescosts | 118,921 | 220,630 | 126,941 | 466,492 |
| Schooling supportcosts | 135,509 | 247,458 | 382,967 | |
| Governancecosts | 30,696 | 17,150 | 47,846 | |
| 1,522,901 | 689,192 | 126,941 | 2,339,034 |
| This is statedaftercharging: | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Auditors' remuneration | ||
| - foraudit services | 16,516 | 13,850 |
| - fornon-audit services | 2,700 | 2,395 |
| Depreciationoftangiblefixedassets: | ||
| -ownedbythecharity | 154,810 | 126,941 |
| Operating leasecharges | 95,527 | 84,034 |
| Losson disposal offixedassets | 7,400 | |
| STAFF COSTS | ||
| Staffcosts wereasfollows: | 2021 | 2020 |
| £ | £ | |
| Wagesand salaries | 1,245,741 | 1,223,253 |
| Social security costs | 106,736 | 99,793 |
| Otherpensioncosts | 212,187 | 199,855 |
| 1,564,664 | 1,522,901 | |
| The average number ofpersons employed by the school | 2021 | 2020 |
| during theyearwasas follows: | Number | Number |
| Teachingstaff | 28 | 30 |
| Supportstaff | 30 | 28 |
| Administration | 6 | 7 |
| Total staff | 64 | 65 |
| 2021 | 2020 | |
|---|---|---|
| Thenumberofhigherpaidemployeeswas: | Number | Number |
| Intheband £70,001 -£80,000 | 1 |
| Educational | |||||
|---|---|---|---|---|---|
| Non- | books, | ||||
| Landand | educational | equipment | |||
| buildings | equipment | and furniture | Total | ||
| £ | £ | £ | £ | ||
| COST | |||||
| At 1 September2020 | 3,940,741 | 415,851 | 469,853 | 4,826,445 | |
| Additions | 39,806 | 13,214 | 53,020 | ||
| Disposals | (45,172) | (256,108) | (301,280) | ||
| At 31 August 2021 | 3,980,547 | 370,679 | 226,959 | 4,578,185 | |
| DEPRECIATION | |||||
| At 1 September2020 | 38,754 | 216,019 | 393,823 | 648,596 | |
| Chargefortheyear | 79,611 | 35,170 | 40,029 | 154,810 | |
| Disposals | (45,172) | (248,707) | (293,879) | ||
| At 31 August 2021 | 118,365 | 206,017 | 185,145 | 509,527 | |
| NETBOOKVALUE | |||||
| At 31 August 2021 | 3,862,182 | 164,662 | 41,814 | 4,068,658 | |
| At 31 August2020 | 3,901,987 | 199,832 | 76,030 | 4,177,849 | |
| 10 | STOCK | ||||
| 2021 | 2020 | ||||
| £ | £ | ||||
| Cateringsupplies | 3,372 | 2,981 |
| DEBTORS | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Tradedebtors | 20,006 | 23,397 |
| Otherdebtors | 2,542 | 2,329 |
| Prepaymentsandaccrued income | 61,210 | 70,058 |
| 83,758 | 95,784 |
| CREDITORS: Amounts falling duewithin oneyear | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Otherloans | 14,829 | |
| Tradecreditors | 34,838 | 29,840 |
| Othercreditors | 25,992 | 132 |
| Accruals | 22,172 | 19,508 |
| Deferredincome | 107,634 | 118,064 |
| Othertaxationand social security | 25,136 | |
| 215,772 | 182,373 |
| Under 1 year | Over 1 year | Total | |
|---|---|---|---|
| £ | £ | £ | |
| At 31 August 2020 | 118,064 | 118,064 | |
| Releasedin year | (118,064) | (118,064) | |
| Receivedinyear | 107,634 | 107,634 | |
| At31 August2021 | 107,634 | 107,634 |
| 13 | CREDITORS: Amounts falling dueaftermorethan oneyear | ||
|---|---|---|---|
| 2021 | 2020 | ||
| £ | £ | ||
| Refundabledeposits | 54,790 | 61,140 | |
| 54,790 | 61,140 | ||
| 14 | LOANS | ||
| 2021 | 2020 | ||
| Ananalysisofthematuringofloans is givenbelow: | £ | £ | |
| Amounts falling duewithinoneyear ondemand: | |||
| Otherloans | 14,829 |
| Brought | ||||
|---|---|---|---|---|
| forward 1 | Carried | |||
| September | Income | Expenditure | forward 31 | |
| 2020 | £ | £ | August2021 | |
| £ | £ | |||
| Unrestricted funds- | ||||
| General fund | 4,549,555 | 1,917,594 | (2,314,404) | 4,152,745 |
| Restricted funds- | ||||
| General fund | 76,109 | 15,543 | (31,795) | 59,857 |
| Total funds | 4,625,664 | 1,933,137 | (2,346,199) | 4,212,002 |
| Brought | ||||
| forward 1 | Carriedforward | |||
| September2019 | Income | Expenditure | 31 August 2020 | |
| £ | £ | £ | £ | |
| Unrestricted funds- | ||||
| Generalfund | 3,677,671 | 3,196,488 | (2,324,604) | 4,549,555 |
| Restricted funds | ||||
| General fund | 42,714 | 51,267 | (17,872) | 76,109 |
| Totalfunds | 3,720,385 | 3,247,755 | (2,342,476) | 4,625,664 |
| Total | |||
|---|---|---|---|
| Unrestricted | Restricted | 31 August | |
| Funds | Funds | 2021 | |
| £ | £ | £ | |
| Tangible Assets | 4,049,361 | 19,297 | 4,068,658 |
| Net Current Assets/ (Liabilities) | 158,174 | 40,560 | 198,734 |
| Long term Liabilities | (54,790) | (54,790) | |
| Total funds | 4,152,745 | 59,857 | 4,212,602 |
| Total | |||
| Unrestricted | Restricted | 31 August | |
| Funds | Funds | 2020 | |
| £ | £ | £ | |
| Tangible Assets | 4,150,259 | 27,590 | 4,177,849 |
| NetCurrent Assets / (Liabilities | 642,809 | 48,519 | 508,955 |
| Long termLiabilities | (61,140) | (61,140) | |
| Total funds | 4,549,555 | 76,109 | 4,625,664 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| £ | £ | £ | £ | |
| NET(OUTGOING)/INCOMING | (413,062) | 905,279 | ||
| RESOURCES | ||||
| Eliminationofnon-operatingcash.flows: | ||||
| Investment income | (25) | (1,411) | ||
| Financingcosts | 4,346 | 3,442 | ||
| Depreciation charges | 154,810 | 126,941 | ||
| Loss on disposal | 7,401 | |||
| Increasein stocks | (391) | (521) | ||
| Decreasein debtors | 12,026 | 62,340 | ||
| Increase/(decrease) increditors | 41,878 | (482,434) | ||
| 220,045 | (291,643) | |||
| (193,017) | 613,636 |
| 18 | ANALYSIS OF CHANGES INNETFUNDS/(DEBT) | ANALYSIS OF CHANGES INNETFUNDS/(DEBT) | |||
|---|---|---|---|---|---|
| 1 | September | 31 August | |||
| 2020 | Cash flows | 2021 | |||
£ |
£ |
£ | |||
| Cashatbankand inhand | 592,563 | (265,187) | 327,376 | ||
| Borrowings excludingoverdrafts | (14,829) | 14,829 | |||
| 577,734 | (250,358) | 327,376 | |||
| 19 | CAPITALCOMMITMENTS | ||||
| 2021 | 2020 | ||||
| £ | £ | ||||
| Contractedbutnotprovidedforin thefinancial statements | 19,570 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Land and | Other | Total | Landand | Other | Total | |
| buildings | £ | £ | buildings | £ | £ | |
| £ | £ | |||||
| Amountspayable: | ||||||
| Within l year | 65,225 | 30,302 | 95,527 | 65,225 | 18,809 | 84,034 |
| Between l and 5 | ||||||
| years | 80,000 | 44,820 | 124,820 | 80,000 | 15,401 | 95,401 |
| After5 years | 40,000 | 40,540 | 80,540 | 60,000 | 60,000 | |
| Total | 185,225 | 115,662 | 300,887 | 205,225 | 34,210 | 239,435 |