2022-08-31-accounts

WITHINGTON GIRLS, SCHOOL Charlty Number: 1158226 Company Limited by Guarantee Number: 09083954 ANNUAL REPORT YEAR ENDED 31 AUGUST 2022

W l T H l N G T O N G l R L S S C H O O L ANNUALREPORTOFTHEGOVERNORS2021122 HIGHLIGHTS.'YEAR FINANCES CAPITAL PROJECT The School repoited a surplu5 for the year of £999,736 although this included a capital grant of E1 million from The WGS Trust in respecl of the Dining Roorn Extension project. The School's ttstal accutnulated funds are approaching £15 million. The vast rnajtsrity of this 15 made up of the land, builijings and facilities from which the School opeiate5. The Goveingrs and all connetted wlth the Sthool arè delighted with the fjnal results of the Dining Room Extension projecL Thi5E2.4 million project which was supyorted by a El m511ioTr donation from TheWGS Trbjst has provided additional cap'actty and much improved facilitie5 which are now being Ènjoyed by the whole school community. Ji ACADEMIC PERFORIIANCE Following a two year period, with no formal examinations the return to more normal public exarninations Saw extellent performances by the School's pupils. At GCSE. 55.6% of result5 weie at Grade 9, with 81.0% at Gfade 8 or above. A Level results were also extremely good. with 61.7% being graded A., and 87.2% graded A OY above. This was reflected by the School being named as the North West Setondary Independent School of the Year in the Sunday Tirnes Paient Powerguide. BURSARIES PARTNERSHIP WORK Means tesied buisarieswere awarded to98 pupils acros5 th"È lurtiur School,_Senior School and 6th Fonn. with a total value ol in exosl of£700.000. Supporting ihDSewho- ¥vould nol.otherwi5e have beenable to aitend'the Schoul..The 5cliool continue} to Slfive toadiieve its" aim.pf incrta5ingo¥eiall b¥r5aty Provision to sbpport l in 5 Senior School pupils. Partnership work is a major focus of Ihe School's aitivitie5 Wlth almost 10,000 hours spent by pupils and staff on projects benefiting over 1D,000 peDple in the local and wider comrnunity. The School's flagship partnership programrne, SHINE Together, has run for 14 yeais, delivering SatLTrrday courses fo¥ sludents at stale prirnary schools In and around Manchester. 790 local rhildren have benefited from ihi5 programme over the years. Charity Number.. 1158226. Company limited by Guarantee Numbei 09083954 Withington WHERE GIRLS SHINE

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 CONTENTS PAGE GOVERNORS, OFFICERS AND ADVISERS ANNUAL REPORT OF THE GOVERNORS 3-27 STATEMENT OF GOVERNORS, RESPONSIBILITIES 28 AUDITOR'S REPORT 29-31 STATEMENT OF FINANCIAL ACTIVITIES 32 BALANCE SHEET 33 CASH FLOW STATEMENT 34 NOTES TO THE FINANCIAL STATEMENTS 35-47

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 GOVERNORS, OFFICERS AND ADVISERS Governors, Charity Trustees, and Directors The Govemors listed below are the charity trustees of Wrthington Girls, School at the current time. Mr M J Pike LLB {Chair) . Mr C M Poston Bsc. FCA (Finance Govemor) . DrJ P Allred MB. ChB, MRCGP, DRCOG. DFFP. Mr A H Chicken BA. MEd. FRSA Mr M J Griffin Miss M El-Gonemy, BA. MA {resigned May 2022) Mrs D M Hawkins DL JP LLB Dr R Dev-Jairalh MBChB. MRCGP. DCH. DRCOG. DPD. FHEA # Prof D Leigh, BS¢ PhD Cchem FRS FRSE FRSC MAE Ms M S Michael BA, PGCE MrA R Pathak Bsc" Mr H P Sinolair Mrs S J Stuffins BA, Msc, MRICS Member of the Finance and General Purposes Committee

Parent of a pupil currently at Withington Girls, School

Member of the Remuneration Committee Mrs S Stuffins (Chartered Quanlity Surveyor) regularly attended the monlhly building proj8Ct meetings with the Building Contractor and the Design Team during the year. There were no other changes within the Governing Body during the year. Senior Leadership Team Headmistress Deputy Head Director of Studies Assistant Head Head of the Junior School Burs8r and Clerk to the Govemors Mrs S J Haslam BA Ms J Baylis MA Mr l McKenna BA (resigned July 2022) Dr S Madden PhD Ms B Howard BEd Mrs A Cohen LLB

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 Registered address Wellington Road Fallowfield Manchester M146BL Website www.wgs.org ADVISERS: Auditor Crowe U.K. LLP 3 Floor, The Lexicon Mount Street MANCHESTER M2 5NT Bankers National Westminster Bank PIC 669 Wilmslow Road Didsbury MANCHESTER M20 6NW Lloyds Bank 223 Finney Lane Heald Green Cheshire SK8 3PY Insurance Br¢)kers REICH Insurance Brokers Medal House 197 Chapel Street MANCHESTER M3 SEQ Solicltors Vea18 Wasbrough Vizards Orchard Court Orchard Lane BRISTOL BS15WS

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 ANNUAL REPORT OF THE GOVERNORS The Governors present their annual report for the year ended 31 August 2022 under the Charities Act 2011, together with the audited accounts for the year, and confirni that the latter comply with the requirements of the Act, the Trust Deed, and the Charities SORP 2015. REFERENCE AND ADMINISTRATIVE INFORMATION The Charity was founded in 1890 as a charitable trust and was registered with the Chsrity Commission under charity number 526632. On 1st September 2015 a transfer of assets took place from this Charity to a new charitable company (company number 09083954 and regislered charity nurnber 1158226), which was set up by Ihe Governors (as Trustees) to receive the assets of the Charrty and the undertaking of Withington Gids. School as part of an "incorporation process" to modemise the legal structure of the Charity. The Transfer Deed provbjed for all of Ihe Charity's unrestricted assets and liabilities to be transferred to the new charitable company. The land and buildings, considered by the Charity Commission to be pemanent endowmenl. remain within the charitable trust. The charitable company is the sole corporate trustee of the Charity. On 9th December 2015, the Charity Commission made a "linking direction" which formally determined that the Charity (number 526632) be "lir7ked" with charity number 1158226. This means that the two charities are registered under a single registration numb8r and that the Governors can produce a single sel of accounts for the reporting and linked Charity. As a result of the linking direction, the Charity is now r8gistered under number 1158226-1. The Withington Girls, School Governors and Senior Lead8rship Team are Ilsted on page 1. Particulars of the Charity's address and professional advisers are given on page 2. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing Document The Charity is govemed by its Trust D8ed dating from 1890 which was amended by a Scheme dated 8 August 1985, a further Scheme dated 29 January 2004 as amended by Resolution dated 16 March 2015 and by Order dated 18 August 2015. The Company is governed by a Memorandum and Articles of Asso¢iation which were amended by a special resolution dat8d 22 June 2015. Recruitment and Tralning of Governors The power of appointing new Governors is vested in the existing board. Governors are generally appointed lo fill a vacancy and to provide suitsble skills, knowledge and

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 experience as the board requires. While consideration has been given to the establishment of a Nominations Committee to recornmend appointments to the Governing Body. it has been decided that the current practice of involving the whole Governing Body in the recruitment of Governors is preferabl&. The Headmistress and Chair of Govemors meet prospective new Govemors prior to ialification by the Goveming Body. Following appointment, new Govemors are inducted into Ihe workings of the Charity by Ihe Headrnistress and Bursar. All Governors are invited to attend external training courses and are invited to join School Commitlees and attend School events. Organised by the Deputy Head, a programme is in place lo enable Governors to visit Academic and Support Departments and attend departmenlal meelirbgs thus gaining enhanced knowledge and understanding of the life of the School. as well as satisfying themselves that Ihe practice in School is in line with the policies approved at the start of each academic year. The annual away day for Govgmors and th8 Senior Leadership Team provides an opportunity to discuss strategic developments. Oryanlsatlonal Management The Govemors, as the Trustees of the Charily, are legally responsible for the ovérall management and control of the School and meet al least three limes a year. The work of monitoring the implementation of most of Iheir policies is primarily carried out by the members of the Finan￿ and General Purposes (F&GP) Committee who meet in advance of each Govemors, meeting. The F&GP Committee approves the budgets and finalises the audited accounts and annual report for approval by the Goveming Body. The F&GP Committee works under the Chaimanship of the Finance Govèrnor of the Governing Body. The Remuneration Commlttee determines the salary levels for the Senior Leadership Tearn. Nominated members of the Governing Body attend meetings of the Health & Safety Committee, Safeguarding Team (with the Deputy Head and Nurse) and Leaming Suppori Team. The day to day running of the School is delegated to the Headmistress supporled by the Senior Leadership Team (consisting of the Deputy Head, the Director of Studies. the Assistant Head. the Head of the Junior School, and the Bursar). All members of the Senior Leadership Team attend Governing Body meetings. The H8admistress and Bursar attend meetings of the F&GP Committee. The Headmistress is a qualified Team Inspector for the Independent Schools Inspectorate. The Bursar is a member of the Independent Schools Bursars, Association IISBAI. and the Headmistress is a member ofthe Girls, Schools Association {GSA). The

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 SGhool Is a member of the Headmasters and Headmistresses Conference (HMCI and the Association of Governing Bodies of Indep8nd8nl Schools IAGBIS). Risk Management The Goveming Body is responsible for the management of the risks faced by the S¢hool. Detailed considerations of risk are delegated to the Finance & General Purposes Committee, who are assisled by the Senior Leadership Team. Risks are identified, assessed, and controls established throughout the year. A fomial review ofthe charity's risk management pr¢xesses is undertaken on an annual basis. Governors extract the top len risks which are summarised in an Executiv8 Summary from the Risk Register. The Execulive Summary is reviewed at each Govemors, meeting when the likelihood and impact of each is risk is considered using a risk rating. The top ten risks include strategic, financial and reputational risks. The key conlrols used by the charity include: Fomial agendas for all Committee and Board work Comprehensiv8 Stralegic planning, budgeting, and management accounting Established organisational structure and lines of reporting Formal written policies Clear authorisation and approval levels Velting procedures as required by law for the protection of the vulnerable. Through the risk management processes estsblished for the School. the Governors are satisfied that the major risks identified have been aéequately mitigaled where necessary. It is recognised that systems can only provide reasonable bul not absolute assuran¢e that major risks have beèn adequately managed. OBJECTS, AIMS, OBJECTIVES AND ACTIVITIES Charitable Objects The objecls of the Charity as set out in the Arlicles of Associalion as amended on 22 June 2015. shall be to advance education for th8 public benefit by the provision and maintenance of a girls, school, where boys may be admitted to the Preparatory Department, and by ancillary or incidental educational activities and other associated activities for the benefil of the community. School Ethos The School aims to create an environment in which all pupi15 are support8d and encouraged to reach their full potential, a¢ademically, socially and personally. True to our founding principles, we are a school where the pleasure of learning is its own reward. The Withinglon ethos recognises that understanding the value of learning and knowing how to learn suslains and enriches us throughout otjr lives.

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 The golden rule of respect for self, respect for others and p8rsonal responsibility underpins our school community where diversity is ￿lebrated. leamwork valued and every pupil is encouraged to play their part, older pupils and alumnae providing inspirational role models. Combining a wealth of extra-curricular activities with an exceptional academic experience, each girl has the opportunity to develop her talenls, skills. interests and character, as well as a strong sense of responsibility which extends beyond the classroom and into Ihe wider world. Aims and Intended Impact The specific aims and objectives of the School are." To sustain an innovative and inspiring place of learning where our pupils grow into resilient, independent lifelong leamers, curious and passionate aboul their world To nurture our pupils, personal development and character, promoting respect and responsibility, enabling our pupils to thrive and to meet challenge confidently, compassionately and collaboratively To support a diverse, inclusive and open-minded school community and to work in partnership with l¢)cal, national and internalional organisations for the benefit of our pupils Strategies to achieve the objectlves The School has sustained the quality and expertise of teaching and support staff through careful recruitment arbd ongoing support and staff developmenl. Safeguarding of pupils is overseen by the team of Designated Safeguarding Leads and their deputies, comprising the Deputy Head Pastoral, the Deputy Head of the Junior School, the School Health Lead, and the School Nurse respectively. All academic Heads of Department in the senior school report to the Deputy Head Academic. The Heads of Year report to the Deputy Head Pastoral who oversees pastoral arrangements for pupils and staff in senior school. The Assistant Head oversees the Co- Curriculum and ccpordinates the School's programme of events. The Head of the Junior School is responsibla for its day-tO•day running supported by a Deputy Head.

WITHINGTON GIRLS. SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 Our ethos The School is a registered charity and charilable company which seeks to benefit the public through the pursuit of ils stsled aims. Fees are set at a level lo ensur8 the financial viability of the School and to provide a first class education to our pupils. The School welcomes pupils from all backgrounds. Entran￿ examinations interviews. and references from candidates, current schools enable the School to select pupils who will best benefit from the full range of opportunities on offer. W8 are an equal opportunity organisation and are committed to a working environment that is free from any fom of discrimination. We will make reasonable adjustments to meet the individual n8eds of staff or pupils. The School is ¢ommitted lo safeguarding and promoting the welfare of our pupils and expects all staff and volunteers to share this commitment. A Focused Compliance and Educational Quality Inspection was carried oul by the ISI in Febwary 2022. The Inspectors found that the quality of the pupils, academic and other achievements is 'Excellent" as is the Quality of the pupils, Personal Development. The Inspectors found that pupils academic achievements are outstanding, as shown by lh8 attainment of all groups of pupils. and that pupils 'consistently perform to an exceptionally high level,. The School wa5 found not to meet the Regulatory Standards in isolated Instan￿S. An action plan was approved by the Department for Education, was fully implemenled, and an ISI Progress Monitoring Visit found that the School was once again fully compliant with all Regulatory Standards in September 2022. Parents are given regular information about their dsughters, social and academic progress through parents, evenings, half-termly progress grades, and written reports. Regular contact with parents is maintained throughout the year with a weekly email setting out the activities for the week ahead, Parents, Breakfasts. informal conlacts, lermly Bulletins and the annual Newsletter. Trained Sixth-form pupils act as Peer Supporters for younger pupils, assisting the School's pastoral team in creating an environment wher8 every child can feel valued and safe. Access Pollcy The School greatly values the denominational, cultural, and social diversity of its ommunily. It is important to the School that access to the education it offers is nol restricted to those who can afford to pay fees. There is an established buisary policy and this. together with various Community Initiatives, contributes to a widening of access lo the education offered and the facilities available.

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST2022 Means-tested bursaries are available in the Junior School (for entry into Years 5 and 6) and the Senior School (for girls from age 11 10 18). Junior School bursaries were first offered from September 2015. Bursary policy The School's bursary awards are available to pupils who meet the entry requirements and are made solely on the basis of parental means or, to relieve hardship where a pupil's education would otherwise be at risk. for exarnple in the Case of redundancy. In assessing parental means a number of factors are taken into consideration including: family income,. investrnenls.. savings., opportunity to generate additional income,. and family circumstances (for example, depend&nt relatives) The School receives funding for bursaries from the WGS Trust (Charity number 505207) and from several other charitable trusts. The bursary awards range from 10Yo to 1DO% remission of fees. A small fund supplements bursary awards to support academic school trips. individual instrumental lessons, LAMDA lessons, uniform and equipment. Infomation about fee assistance through bursaries is provided to all parents of girls applying to the senior school and Years 5 & 6 in the Junior School. The existence of means-lested bursaries is publicised through advertisements in the press and promotional materials. Details of the bursary policy and )w to apply are also on the School website. The success of the bursary schemé is illustrated in the review of activities and achievements seclion of this reF)Ort. Other Policies on Assistance Timely financial planning is often the key for many parents who are hoping to send their daughter5 to the School and flexible payment arrangements are available to fund educational costs through regular contributions. Family discount5 policy To underline the value placed on continuity for families. a discount of £100 per temi, for the second and any subsequenl siblings is offered. Scholarship pollcy The School does nol offer scholarships of any type.

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 Impact of the Covid-19 Pandemlc on the School The School performed exceptionally well through th6 Pandemic, supporting pupils academically and pastorally. Invaluable skills were gained and honed through the delivery of online lessons, and th8se continue lo be developed throughout the School. The educational experiences of pupils were enhan￿d and extended through remote Assemblies, live sessions with Fomi Teachers, and a 'Virtual Wrthington Gids, School, OneNole continued to be used to make access to an extensive range of resources possible for pupils and staff. These reSoUr￿S have continued to be embraced by the School community to provide the best possible exp&rien￿S for our pupils. Governors of the School continue to take their responsibilities for h&8llh and safety very seriously and ensured that the dynamic Risk Assessm8nt was updated regularly to ensure that there were safe systems and protocols to allow the School to operate throughout the year. A Covid-19 Risk Assessment Team, chaired by the Bursar, consisting of the Site Services Manager, the School Nurse, the General Manager (Catering). the HR Manager. the Offi Manager. together with members of the Senior Leadership Team (th8 Headmistress, the Deputy Head, the Assistant Head. and the Head of the Junior School) met weekly and convened wher7 any change in Government Guidance was issued throughout the year. Addttional pastoral support was provided for pupils from the start of the pandemic and this has continued throughout the 2021122 academic year and beyond. The HR Manager continues to provide support to staff, in conjunction with relevant members of the SLT. COMMUNITY INITIATIVES The School enjoys strong links with the local communlty, and staff and pupils participate in local, national, and international initiatives. Comprehensive details of all the School's partnership work can been seen w.schoolslo on eiher.or the Sch¢)ols Together web$ite- A summary of the actlvilies undertaken for the year is shown below.. Partnerships wlth local Sehools SHINE Togothor Educatlonal Programme Wilhington Girls, School has organised and delivered a successful, communrty-focused series of Saturday School courses for the past 14 years. Around 790 local pupils have benefil6d from the SHINE Together programme in the 14 years il has run at Withington Girls, School. The WGS SHINE Together educational programme is aimed at able students in Year 5 and 6 at state primary schools in and around Manthester.

WITHINGTON GIRLS. SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 In 2022, 90 boys and girls in Years 5 and 6 from 15 maintained Manchester Primary schools attended one of six subject courses offered free of charge during the Spring Temi. Six-week courses ran in school for Complete Creativity. Computing, Drama and Science. There was also a four-week Geman course delivered in scl)ool and a four-week online course in Creative Writing. In questionnaires that were answered at the end of the course, 86D/o of pupils said that they had really enjoyed attending SHINE Together and 86 % of pupils said that coming to SHINE Together had made them more confident in that subjecl. An itnpressive 97% said that they would recommend SHINE Together to Iheir friends. In the parental questionnaires. also collected at the end of the course, 90Yo of parents said that their child was more enthusiastic about the subject now and 930A said that their child's confidence had increased, with 970/0 saying they would recommend SHINE Together to others. Classics Programme The School has worked with the University of Manchester and the Manchester Classical Association to establish a Classics programme in a local primary school with whom the School works closely in partnership. Withington pupils and staff work togelher to devise the programme of study and provide all the leaching resources. In previous years. I￿0 Year 5 classes have taken part in an initial six-week programme. before pupils are given the option to continue on another six-week course. After a year where we had to provide online lessons, du8 to Covid restrictions, we were delighted to go back Into the school. We were able to timetable this so that it fell within the pupils, lesson time and so all Year 5 pupils took part in a full 10 week programme of lessons, taughl by six Sixth Fomi students. Studying Latin, one of the least common subjects lo be taught in slate schools, has a positive impact on pupils, understsnding of English grammar. For example, the students at Mauldeth Road Primary School leamt how sentences are constructed in Latin and thus improved thelr understanding of how sentenc8s are fomed in English, as well as looking al English words derived from Latin. In the past, the Headteacher of Mauldeth Road reported that Spelling and Grammar in Key Slage 2 assessments notably improved after the Lalin course. This partnership benefited the two classes of Year 5 children (approximately 501 this year and helped our Sixth Form students develop valuable tutoring, IT and leadership skills. Science Communicator8 Science Communicators is a mutually beneficial partnerships programme. The audience. )mprising local primary schools, are given the opportunily to observe and experien science activities they would not ordinarily have access to, in lerms of subject éxpertlse and specialist resources. Our students also benefit enormously from the process. They develop and demonstrate key valuable skills.. organisation, collaboration. and communication. In order to commend 10

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 this, a Gold Crest Award from the British Science Association is awarded lo all successful participants {100°k). Feedback from Ihese events (primary staff and students) is indicalive of the positive impact Ihey have. Students are engaged, curiosity sparked and staff are able to draw upon Ihe leaming in future curriGulum links. Physics Partnership This year, six Lower Sixth Physicists, coordinated after school sessions for pupils at a local primary school on topics of light. energy. and electricity. Our pupils created several experiments for each lesson, and all the equipment needed for the exp8riments was provided by Withington Gids, School. Chemistry Communi&*ors Chemistry Communicators was a nalional scheme supported by the Royal Society of Chemistry with the intention lo encourage Chemistry enthusiasts to develop their science communication skills. by working in teams t¢ presenl a Chemistry based workshop or show lo an audience of younger children. We have been running this scheme SUC￿ssfullY in School since 2017, with all students involved gaining Gold Crest Awards whilst using their skills and enthusiasm to challenge and 8nlertain students from local primary schools as well as our own Withington pupils. Manehester Sings Around 250 chlldren from across Greater Manchester uniled for a celebration of muslc to recognise the importance of Gommunity through a partnership festival of song and poetry al Manchester Cathedral on Wednesday 24th November 2021. Manch85ter Sings was initiated in 2019 by the Director of Music at Withington Girls, School. With a general theme of community. a medley of six songs was interwoven with words written by pupils who shared their own reflections on support, friendship, togethemess, and unity. Poetry and crealive writing were produced and perfomied by Withington Junior and Seniorpupils, and pupils from New Islinglon Free School and St Luke's COE Primary School (Bury) with messages recognising the work of the NHS and keyworkers, and the importance of coming together during recent times. The event was in aid of the Booth Centre, a day centre for homeless people, while families supported by Wood Street Mission benefited from over 150 Christmas gift donations. The Inaugural Future Focus Conference The aim of equipping young women wtth 'soft Skills, in order to succeed and flourish in their future lives and careers brought Manchester Academy and Withington Girfs, Schwl

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 together to estsblish Future Focus - a series of conferences to inspire young women wilh confidence, develop self-esleem, and improve mental health. The first inthis new series was held on 20th May 2022 in the Grand Hall ofThe whi￿Orth Art Gallery. The Conferen￿ was attended by Year 10 pupils from Manchester AGademy and Year 9 Wilhington pupils who heard from a range of speakers in different career fields and considered issues of inclusion and diversity. Two of the conference speakers were Withington alumnae. Environmental Youth Group Meellng We were pleased lo host the first Withington and Old Moal Environmental Youth Group on Thursday 18th November. We welcomed seven local primary schools as well as members of Manchester City Council, including the Climate Change Officer and Head of Neighbourhoods. Withington was well represented with members of both our Junior and Senior Eco Groups in attendance. Discussions includ8d- what schools had done to reduce their carbon footprint; and suggestions on how we might influence others living or working in Withington and Old Moat to reduce their carbon foolprint. The schools were asked to sign a pledge to become part of the Withington and Old Moat Environmental Youth Group. The group will meet a few times a year and work on projecls together to improve lives for local residents. All pupils were very enthusiastic and collaboratively came up wilh some excellent ideas and we look forward to working with the other local schools in this 8XClting partnership. Community based Inftlativos Muslim Arts and Culture Festival Withington pupils in Years 11 and 12 participated in the Muslim Arts and Culture Festival in celebralion of Muslim herit8g6. culture, and language in February 2022. Th8 festival launched on 5th February and offered a hybrid of virtual and in-person events lo celebrale art, literature, music. hislory, culture, cuisine, children, youth and women and the heritage of Muslim oornmunities. Duke of Edinburgh Awards From Year g, the majority of our students embark on th8 Duke of Edinburgh Awards. Participants volunleer in their communities, make a positive contribution to society and demonslrale social responsibility. The impact of the Covid-19 pandemic resulted in some disruption to the planned expeditions. However, the easing of restrictions meant that the lèam were able to plan a series of expedilions in the Sumrner Term, ensuring that all pupils in Years 9 to 12 were 12

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 able to cornplete their awards before the summer break. Catch up expeditions are running for these girls who were isolating and unable to tske pari. Withington Foodbank With great support from parents, pupils from both the Junior and Senior s¢￿01 organis8d a midsummer collection for the local Fallowfield and Withinglon Food Bank. By replenishing their stocks. it was hoped that they would be able lo alleviate the significant issue of holiday hunger for those in need in the local area. The Junior School's hatvest collection was donated to the Fallowfield and Wilhington Food Bank again this year. With this being such a local charity, Year 5 delivered th6 goods on behalf of the Junior School. The Food Bank is supported by The Trussell Trust, who aim to help Combat poverty and hunger across the UK. They provide three days, nutritionally balanced emergency food and support to local people who are referred lo them in crisis. SummerActivities for the local community The School was able lo run summer activities for children in the local community for the first tsvo weeks of the holidays. Multi-sports, Dance, and Art courses were delivered. Atlendance at courses was high and the School received fantastic feedback from both parents and children. Multi-sports was dèlivered by our qualified Tennis Coach, Lacrosse Coach, and a WGS PE Netball teather. This was attended by over 100 children who also took part in exciting acknvities such as badminton. rounders, arKI mini loumaments. The Dance course was well attended and participants learnt ballroom and latin routines, ulminaling in a "Strictly Come Dancing. style show. where parents could enjoy their child's progress. The Art course was oversubscribed and attendees took a journey 'Around the World. creating dlfferenl ple￿$ using different techniques in our impressive facilities. 13

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 Withington staff have attended various Cluster Meetings, on a range of academic and pasloral subjects within GSA, HMC, and other professional networf(s. The School is a long-standing member of ISTip {the Independent Schools, Teacher Induction Panel) and hosts a day's training ea¢h term for this group. In the region of 30 Newly Qualified Teachers {NQTs) attend the workshops which are deliv8red by teachers from the School. The School also supports the programme for PGCE students in conjun￿10n with the University of Manchester. Use of facilities There has been significant disruption to the School's ability to open up its facilities to the local community since March 2020 due to the pandemic and resulting lockdown. This disruption continued throughout the year. Free use Thè School makes ils facilities available to the following groups free-of-charge as parl of its role in supporting the community. The Manchester Associalion of Cambridge University Women The Association of Language Learners SAT College Board for US university entrance examinations The School is a centre for th6 Associated Board of the Royal Schools of Music (ABRSM) examinations which are held twice a year in School. Other use We hire our outdoor facilitre5 to a local children's lacrosse team of which some of our pupils are members as well as hosting an England Lacrosse training weekend. We hire our Arts Centre theatre facilitles to the Manchester Muslim Preparatory School for their annual awards event and accommodate a local youth theatre company for rehearsals and perfornian￿s. We have regul8rfy held training events for the Ind8pendent School Teacher Induction Panel {IStip). 14

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 Citizenship Day Citizenship Day is one of the highlights of the calendar at the School and it provides an opportunily for the whole School to come together to contribute to the wider community and focus on what it means to be a good citizen. This year's activities took place both in the local community and in school with all pupils, from Transition to Sixth Fomi. having a role to play. We also welcom8d local senior citIZ8ns into school to enjoy the Big Jubilee Lunch and Concert, their first-time visiting Withir)glon since December 2019. Through art, music, conversation and Collaboration, Withington celebrated 'More in Common,. Community projects included the 'Clean and Green, initiative in Withington village, mural painting at St James, Primary School in Rusholme, a tidy-up of the outdoor area at the Old Moat Children's Centre, and another team wrapped books and read to nursery and rerEption children at Old Moat Primary School. Year 12 pupils also volunleered at the Fallowfield and Withinglon Foodbank after donations ware made by families and staff during the build-up to Citizenship Day. Synonymous with Citizenship Day is th8 muslcal concert for senior citizens which. this year, took the form of the Big Jubilee Lunch and Concerl. Over 100 guests joined us in our spacious (and beautifully decorated) new dining room, with a delicious afternoon tea created by GCSE Food and Nutrition pupils, table decorations by the Design Technology Department, and entertainment provided by our Senior School musicians and Junior School pupils who sang, danced, and paraded their Jubilee hals. Our guests w8r8 well looked after by Year 10 pupils. who provided a steady stream of lea and coffee, and held a raffle and pre-loved stall support8d once again by generous donations. Annual lfisit The Religious Studies Department organises for all Year 10 gids to visit the Beth Shalom Holocaust Centre each year. Voluntary SeThice and Work Experience The Sixlh Fom voluntary service scheme provides opportunities for $8nior girls to assist at local nurserie5. primary schools. homes for the elderly. schools for severely disabled hildr8n, local hospitsls, charity shops, and hospices. There are strong links with Barnardo's. Wo¢xI Street Mission, Booth Street, and other local charilies. The school also fundraises for a number of charities in Africa, including a school and also a hospital for children with AIDS in Kenya. 15

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 WlthGambla The cultural and educational exchange programme with The Gambia has been running since 2003. There are huge b8nefits for those pupils taking part in the year-long fundraising initiative culminating in a week-long stay with a Partnership school in Th& Gambia. Our pupils interact with the local community and spend lime on renovation work at the school, as well as teaching the primary-aged children. This is a wonderful leaming experi8nGe for all involved as everyone involved learns from each other. WGS works with local community groups in the country. as well as a local health centre and the benefits of the support we can provide are social, economic cultural and environmenlal. There are over 100 students at the school aged between three and six years old and we have worked with the same school throughout the project. The wider community in the locality have benefiled from the installation of a bore hole for waler as well as électricity and a youth empowement programme based around fam projects moslly sponsored by the fundraising of past generations of WGS Gambian teams. A team of Sixlh Fom pupils have looked forward to their annual visit lo The Gambia for many years. Unfortunately, the trip has not taken place lor the last three years due to Covid travel restrictions. This has not prevented pupils from continuing to fvndraise for our work in the country and, over the past two years, pupils have held a teddy and chocolate tombola as well as ice lolly sales to raise funds lo be sent to the Mama Temba Nursery. This year, pupils organised for staff to participate in a Family Fortunes Fundraising event, ran a plant sale. cake sale, and dog show, and competed in a sponsored Colour Run. Charlty Fundraising All pupils engage in charity fundraising throughout the year for local, national, and international charitable organisatlons. Each form in the Senior School runs a charity event at various limes throughout the year, and the money raised goes to their chosen charity. Money was raised for a variety of causes. including local charities very close to Withington. In Feel Fab Feb week we raised over £500 for Place2be supporting children's mental health in Schools and the sixth form enjoyed a victory in a charity rounders match, raising £339 for SOc￿r Aid. The Junlor school raised money throughout th8 year, supporting Comic Relief, the Poppy appeal, Children in Need and Save the Children. Recently they also donated to Ukraine through donations of various equipment and clothing. Their total raised was just over £2.000. 16

WITHINGTON GIRLS. SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 The Gambia team raised approximately £2.000 from a Tombola and a Family fortune quiz which tested the knowledge of the teachers. All of this money will be going towards supporting the Mama Temba nursery school in Gambia. In total. for the academic year 2021122, pupils and $taff raised £20,199. Volunteers All former pupil$ and staff are automatically members of 'Withington Onwards. {fomierly known as 'The Sen￿r Club'l which is a voluntary organisation. The Withington Onwards Committee. assisted by the Development Offi￿, organises regular year-group revnions. produces the annual newsletter for alumnae, and runs the relevant seclion of the website. Parent Teachers, Association (PTA) Current parents play a vital rolg on the Parent Teachers Association Commlttee whlth raises funds for School equipment and organises social events for all parents. The PTA is very grateful for the hard work of committ8e members particularly those involved in the sale of sustsinable unifom. Demand for second-hand uniform ha5 increased slgnificantly. The 300 club continues lo be popular with parents and registration wilhThe Giving Machine enables parents to supplement PTA income whenever they shop online. Parents also offer invaluable support in the extracurrlcular programme in¢luding assistance wlth work placements, mock interviews for university candidates, and careers advice. Junior and Senior School parents have provided talks to pupils about their careers. The School is very grateful to the PTA for the donation towards the new Outdoor Classroom which benefits all pupils and incrèases the capacity and opportunity for OLrtdoor learning. Governors and staff very much appreciate the continuing and valuable work undgrtaken by the above group.

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 REVIEW OF ACHIEVEMENTS AND PERFORMANCE FOR THE YEAR Pupil numbers and fees This year the School averaged 718 (2021.. 727) pupils. There were 157 girls in the Junror School arKI 561 gids in the Senior School. The School is over-subscribed for entry at age The fees for th8 academrc year 2021122 were set by the Governors at: Junior School £9.999 Senior School £13.326 Academic The public examination results days in the Summer were truly joyous occasions. with our pupils celebrating their superb achievements, after I￿0 years of Covid-related hallenges. This was the first set of full public examinations sat since the start of Covid. and we were delighted with the results the pupils achieved. At GCSE. 55.6 /0 of results were al Grade 9. with 81.ook at Grade 8 orabove. OurA Level results were also extremely good, with 61.7/0 being graded A, and 87.20k graded A or above. We were very happy indeed to be able lo welcorne pupils. and their parents, to the School on GCSE Results Day. for Year 11 and on A Level Results day for our Year 13 pupils. These kn days provided opportunities for the pupils to be congratulated on their hard work and commitment over the last two years. Pupils very much appreciated being al School for these special days and lo celebrate their achievements with friends and famity. The School was delighted Ihal our Year 13 pupils would be going on to sludy al some of this country's finest universities. pursuing a widè range of subjects, frorn Engineering, Fine Art, Law, Computer Science, and Dentistry, to English Literature, Geography. Sport Rehabilitation, and Medicine. 86 /0 of our Upper Sixth girls gained entry into their Firm Choice university, including all 13 of our Oxford and Cambridge applicants, and all of our Medicine applications. Diverslty and Inclusion Alongside our fellow GSA and HMC schools, we are proud to be further developing our inclusion and diversity strategy which will allow us to reflect in depth on the inclusive

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 Culture of our school and to ensure that everyone benefits from the strength and su¢¢ess Ihat a posilive, active approach to inclusion brings. Governors commissioned an independent survey, Carried out by RSAcademics and All- in Education in April 2021. to help the School understand the Current picture of equality, diversity and inclusion (EDII among pupils and staff. These insights were analysed and Withington has committed to an embedded, strategic approach which will enable us to conlinue to reflect on the inclusive culture of our school. This continues to be an ongoing focus and our EDI Leadership Group continues to develop and implement our EDI Action Plan. Facllltles and equipment Two•Storey Dlnlng Room Extension Governors held an Extraordinary meeting in February 2021 to consider whether the ￿0- storey extension to the Dining Room Gould go ahead. Having been put on hold during the 19120 academic year, as a result of uncertainlies in relation to the pandemic. the ￿0- storey extension to the Dining Room went ahead in April 2021 and the extension was completed in February 2022. It is a fantastic addition to the premises. Thè extension provides a much larger dining facility for pupils and staff on the ground floor. The new seNery area has been substantially enlarged which signifiG8nlly changes the way in which pupils select their lunch oplions and redu￿$ the time spent in a queue. The upper floor incoporates a Multi-Function Suile which has stunning views over the School's sports facilities and, adjacent to the library, will be a new bespoke area for Leaming Support. The School is very grateful for the financial support for this project from the WGS Trust (Charity 505207) which has paid a capitsl grant of £1m during the year. Our external catering contractor, Holroyd Howe Limited, is providing a capital contribution towards key elements of kitchen equipment in accordance with the School's catering contrad. Other Works The programme of replacing light fittings to LED models continued during the year; almost all light fittings across the entire School have now been replaced. An extensive schedule of external and intemal decorating took place during th8 summer holidays. The music and drama department have been reconfigured and killed out with stste-of- Ihe-art equipment to ensur8 Ihat all pupils have access to these creative aspects of the curriculum in the best possible facilities. The PTA generously donated funding towards the Outdoor Classroom, which has meant that pupils from all year groups have accessed outdoor leaming that they wouldn't have préviously benefited from. 19

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST2022 Informatlon Technology The Management Information System {SchoolBase) was regularfy updated during the year. Use of the Parent porlal continues to increase. 11 is regularly used to send out important documents and efficiently collect parent consents. Use of the par6nt portal and app has increased in the Junior School. After school clubs are now booked online and we have also made full timetables available. Pupils kjg onto the SchoolBase more frequently, they can Check their timetable exam entries & results, and they also fill in pupil review forms throughout the year. Analysis of the answers lo these pupil review fomis started in Autumn 2022, using Microsoft's Power Bl, this will become a regular task carried out by the IT department to give useful data to the pastoral team. Use of devices in teaching and pastoral care continues to improve further, with Microsoft Teams being created for each teaching group on the timelable again this year. Microsoft Teams has become a hub for all departments now and brings togeth6r OneNote class notebooks. SharePoinl file libraries. and a variety of ¢ommunication methods. The assignments module in Teams rnoves our homework diaries into the digital wodd and is used throughout both the Senior and Junior Schools. Pupils have a c8ntralis8d list of allocated homework from across Iheir timetable with the ability to hand in the work electronically where appropriate. Staff will gain aC￿$S to al-a￿lance data showing which pupils have viewed. handed in, or are yet to return work. Pupils also have access to a sel of 'Planner pages, through a shared OneNote. These are copied into their personal notebooks at the start of the academic year, giving them easy access to essential information. The staff devios scheme is enlering its 4th year. with the initial b81ch of laptops Still perfoming well and meeting the ne6d5 of staff. The School's internel connection Continues to be sufficient for our needs. The contract was renewed for a further 4 years in August 2020 along with the inclusion of a new off-site backup seNicè. However, the backup inlemet connection is now inadequale, it will be replaced this academic year with a 5G devi￿. The school has excell8nt coverage in Ihe area and these are cu￿entlY very cost effective. Cyber security continues lo be one of the top 10 risks included within the Risk Register. The School has a managed Fortinet firewall, which was renewed along wilh the internet contract, and continues to engage the seNices of extemal specialist contraclors who conduct ethical hacking, breach detection, and advanced spamlphishing filtering services. Two-factor authentication is now standard across all staff and senior school pupil accounts when a¢￿$s1ng school services. We receive alerts when agents repeatedly attempt lo log into accounts without Iheir codes. The reports then allow us to block access from the IP addresses of regular attackers. We then follow up with the staff or pupils who are targeted and discuss their personal cyber security. 20

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 Backup operations were bolstered last year. after reports of increased ransomware attacks in our sector. We have consolidated our backups following a year of work wilh Barracuda (a backup service) in which we assessed their ability to back up Teams. As a result of this work, we have cancelled our contract with AFI ba¢kup and we are now confident that our data is protected. A new SAN was installed in February. It works as the storage for all our on-site servers but is no longer the primary file storage area for pupils and staff. The SAN comprises entirely SSDS (Solid Slate Disks) and we opted for speed rather than disk size. On- premise storage requirements have plateaued over the last few years as we migrated to OneDrive. Our previous SAN has been moved to the second server room to act as our DR {disaster recovery) array. It operated very well as the primary array for 8 years. Two brand new music suites were set up over summer. IT installed 28 laptops, each with a secondary monitor and each connected to a music keyboard via MIDI link. The School installed four more dual EV charging points over summer, bringing the tot81 number of charging sockets up to 10. new all-digilal phone system ha5 been installed following a year-long t8ndering process, retiring the School's old ISDN and fax lines well ahead of the BT 2025 analogue shut down. The new syst8m provides more enhanced features for departmenlal telephony {ring groups, call queues, & Outlook voicemail) a custom IVR system for re￿PtiOft and extensive rernote connection facilities for staff. The IT department now has the ability lo configure the School phone system to meet the needs of Ihe staff. We could even function enlirely remotely should a lockdown ever occur in the future. Signing in for staff, pupils and visitors continues to be improved. A new visitor management system {InVentry) was purchased and installed during the year. The IT team successfully integrated the SchoolBase pupil registers into the database, allowing eleclronic registers to be checked during fire evacuation. Ac￿sS control and intercom systems continue lo be standardised and integrated into the related school systems. As part of the dining room 8xtension, a state-of-the-art conference suite was installed. It uses two int6lli9ent PTZ Ipoinl, tilt & zoom) cameras and an array of ceiling mounted microphones and speakers which allows the room to be used for s wide variety of meeting sizes. 21

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 Environmental Initlatives: cirtting the 'carbon footprint, The School community continues to promote sustainability and the programme for the replacement of lighi fittings to LED 6nergy-efficient models has continued in the year. The School uses a waste removal company which recyc18s rubbish. The IT Department ensures that print cartridges and computers are recycled in accordance with WEEE {Wasle Electrical and Electronic Equipment Directive) regulations. The school continues to US8 a compactor and baler in order to reduce the volume of waste packaging taken away and baled cardboard is now being ¢ollected by Fresh Start Recycling Company. The removal of desktop Computers continued, further advancing towards the long-term goal of transitioning staff to laptops and to reduce further the fleet of desktop computers, whioh redu￿5 the overall energy consumption signifTrcantly. The School's Contract Catering Company, Holroyd Howe Limited, has a dedicated Sustainability & Environment Manager who provides SUPPOrt and guidance lo the School. The company is passionate about sustainable eating and has produced an initiative called Future Proof Food. It provides a balanced rounded approach, looking al increasing sustainable protein consumption, reducing waste, and offering more local and seasonal produce. There is a current focus on plastics and the focus is on the .3, R's 'reduce, reuse and re¢ycle'. lThere plastic is the only option, the aim is to use products that are made with a high percentage of recycled plastic. Eco Society is a fully inclusive group. cornprising girls from Year 7 to Upper Sixth, who meet regularly and organise events under the encouraging guidance of the Head of DT and one of the Biology teachers. Junior Outdoor Club is overseen by the Head of Classics. New trees hav8 been planted around Ihe school, donated lo us by Newham College, Cambridge. the Duke of Edinburgh Awards, and Holroyd Howe. Th6 Juniors have sown wildflower seeds in the planters around the outdoor classroom which were donated by the Tower of London Superbloom Project. We've had meetings with other schools in the a￿a to discuss our plans as a community to help raise awareness and support of environmental issues in a new campaign organised by our local councillors in the Old Moat and Withington Wards. The School has now b8en recognlsed continuously Sin￿ 2010 as a Green Flag School. The Award recognises the efforts of the School's 'Eco' groups in creating and communicating a school 'eco<ode' in which all pupils and staff cooperate and undertake lo play their part. 22

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 Details of bursary awards- policy into practlce In addition lo financial support re￿1Ve￿ from other Educational Trusts, the School re￿iVeS financial support from lh8 WGS Trust (Charity Number 505207) for means- tested bursaries (details of the WGS Trust are provided in Note 12 on page 42 of these accounts). The value of bursaries from the WGS Trust for 2022 was £712,384 (2021: £734,973). The value of bursaries frorn other awarding bodi&s for 2022 was £135,000 {2021.' £128,000). The total value of bursaries for 2022 was therefore £842,384 {2021: £862,973) representing 9Vo offee income in 2021122 (2020= 9.80A). There were 98 pupils in receipt of bursaries for the year to 31st August 2021,. 3 from the Junior School and 95 in the Senior School. This equates to 170A of pupils in Senior School andover 2¥0 of pupils in Years 516 of the Junior School receiving support. Eighteen pupils in the Senior School benefited from full remission of fees and thity-bNo pupils in the Senior School obtained a bursary worth 80¥1> or more of fees. In the Senior School, therefore, 17Yo of the bursaries were worth 1000A of the fees and 330/0 of the butsaries were worth 800/0 or rnore of the fees. The reduction in bursaries from the 2020121 academic year was because the School increased support to families who had dramatic changes in circumstances during Ihe pandemic, who then required less support 2021122. as their personal circumstances improved. Bursaries were awarded in Years 5 and 6 forlhe first lime in 2015116. The Junior School bursaries were made possible by th8 legacy from Miss Connell, a former teacher al Ihe School. The introduction of these bursaries provided additional places for pupils in Years 5 and 6 from S8Ptember 2015 and coincided with the opening of the n6w Junior School building. Fundraising Performance The focus for our fundraising aotivities is to increase funding for means-tested bursaries. Our Bursary Fund is integral to our school, consolidating our vision and ethos to create a wami community, centred on equality and opportunity, irrespective of a pupil's race, religion, S¢xial background, and financial position, ensuring Ihat Withington retains ils position as a true centre for excellence open to all. Following a strategic review of our Bursary provision, our immediate aim is to increase our overall bursary provision to support 1 in 5 Senior School pupils (currently 1 in 6}. Donations received by the WGS Trusl for the bursary fund amount to £175.21612021.' £173,727). A new bursary publication detailing our 'case for support, has been prodU￿d with input from donors, governors and bursary recipients. We have also launched a new programme called 'Parents Funding Futures,. In response to requests from some 23

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 parents, this programme makes il 8asier for parents to support the Bursary Fund by donating at the same time that monthly or lermly fee payments are made. As part of our strategy to diversify how we are askn.ng for support. we ran our first ever Giving Day in March 2022. A Giving Day is a 36-hour. multichannel fundraising campaign which aims to engage our whole community and was underpinned by a bespoke online platform. The Giving Day raised over £70,000 for our Bursary Fund and has helped raise awareness of Bursary Fundraising - even among those who did not donate. One of our aims was to attract new donors and it is pleasing io note that 58 % of donors to the Giving Day had not given before. We were delighted to wel¢ome members of the Emily Simon Society back to school for their fir3t annual lunch since the pandemic. The Emily Simon Society recognises those who have chosen to rernember Withington with a gift in their will and members enjoyed hearing from student leaders of Withington's Model United Nations Society (WIMUNI. Applications to the 'Ad Lucem Fund, We￿ invited from staff members to bid for funding to support projects which. whilst enhancing and enriching ihe girls, learning. would nomially fall outside the reach of the annual school budget. This year the Fund supported.. 6 graphic tablets for design technology a digital art station for the art department 4 virtual reality headsèts - a central resource which will have applications across the curriculum Flower planters for the new outdoor168ming space a career focused leadership programme for Year 12 studenls Languages for Life week which provided students with a variety of language- related enrichment activities lo explore the possibllities that language learning offers in school and beyond an Archive project to digitise the school's original handwrrtten admissions registers which can now be vbewed on the Arohive section of our website. In ord8r to review the way thal we engage wth our alumnae and former staff, we conducted a piece of research to try and find out how they want us to engage with them going forward in lemis of our events and our communications. As a result of this, from 2023, we will be holding a reunion in September catering for year groups celebrating a significant anniversary since leaving WGS {10, 20. 30 years, etc.) and holding onlin6 reunions for other groups. We will also extend the Circulation of our quarterly E-news and will be employing increased segmentstion in ouremail communications to ensure we are as relevanl as possibl8 to different age groups of alumnae. Withington Onwards. our annual alumnae publication, was perceived to be an important and valued forni of Gommunication by respondents and so we intend to widen ils circulalion to include as many alumnae as possibl8. 24

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 Withington has played a prominent role in professional development for school fundraising over the last year. Headmistress. Sarah Haslam and Director of Development, Lesley Dowdall, spoke at the annual HMC, IDPE and AGBIS Schools Bursary conferen￿ in March 2022, giving an account of the Bursary programme at Withington. The Director of Development was also Co-chair of the IDPE {Instilute for Development Professionals in EdueAtionl Annual Conference held in June 2022, leading on the curalion of content and speakers and contributing to sector-wide discussion, debate and dissomination of best practice. The running ¢osts for Ihe Development Office have been bome equally by the WGS Trust and the School. In the year ended 31st August 2022, the direct costs for each were £81,641 (2021.. £88,356). The School's approach to fundraising The School employs an in-house Development Team to carry out fundraising on ils behalf. The Director of Development reports directly to the Headmistress. A professional fundraising consultancy is engaged to assist wlth a biennial telephone campaign which also assisted with the Giving Day in 2022. The WGS Trust (Charity 505207) registered as a member of Ihe Fundraising Regulator in October 2017. Registration is optional for charities which spend less than £100 000 on fundraising each year and, as a result, there was no requirement for the WGS Trust to register. The Trust's voluntary registration is evidence of its desire to follow best practice. The Trust also follows the Institute of Fundraising's code of practice and we have published our own Fundraising Code of Practice. The Development Team can confirm thal all activities comply with the requirements of the Fundraising Regulator, that of the Institute of Fundraising's Code of Practice and our own Code of Practice. Careful monrtoring of the activities of the Development Office is carried oul by Governors of the School and Trustees of th8 WGS Trust. The Director of Development submits reports on fundraising aclivities to Governors and Trustees. There have been no complaints about fundraising a¢tivilies in the year to 31 August 202212021.. NIL). FINANCIAL REVIEW AND RESULTS FOR THE YEAR As an educational charity pupils, parents have the assurance that all income of the School is applied for educational purposes. The results for the year show net incoming reSoUr￿S of £978,328 {this includes a £1m capital contribution from the WGS Trust) (2021.. £191.172). Expenditur8 on fixed assets 25

WITHINGTON GIRLS, SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 for the year was £1,802,201 which comprised £1,661,138 for Buildings additions, plus £141,063 for fixtures, fittings and equipment. Governors have Gritically appraised the School's financial position, as a result of the Covid-19 Pandemic and the ongoing economic uncertainty, and have taken appropriate measures to limit the fee increase for parents in the 2022123 year. RESERVES In formulating their reserves policy, the Govemors are committed to ensuring that the School has a sufficient level of r&se￿eS to enable it to meet its objectives, which have been described earlier in this report. The level of reserves is regLAlarly scrutinised with these objectives in mind. Tha Governors. aim is that the School should have sufficient free reserves to support the value of one temi's payroll costs for teachers, which equates to around £1.3m. The School has retaIr￿ reserves of £14.968,510 at 31st August 2022, which are considered lo be appropriate for the objects of the School to be maintsined. The actual free reserves, as at 31st Augusl 2022, are £213,517 (2021-. £358,588). calculated as the value of Nel Assets less Fixed Assets. There has been a reduction in free reserves following the Governors, decision to complete the major building project. the Iwo-storey extension to the Dining Room. Governors and the Senior Leadership Team consider that the School is a GoirMJ Concern and is able to meet ils obligations as they fall due. The School's policy is to build up free reserves to the de8irable level by annual operating surpluses. FUTURE PLANS The Board approved the Sthool Development Plan in June 2022. A ￿VI&W of these strategic priorities will take place in June 2023. The current strategic priorities are as follows: To sustain an innovative and inspiring place of leaming where our pupils grow into resilient. independent lifelong learners, curious and passionate about their world To nurture our pupils. personal development and character, promoting respe¢t and responsibility, enabling our pupils to thrive and to meet challenge confidenlly. compassionately and collaboratively 26

WITHINGTON GIRLS. SCHOOL ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 To support a diverse, indusive and open-minded school communty and to work in partnership wilh local. national and intemats'onal organisations lor the benefit of our wpils Approved by the Governing Body of Withington Girls, School on 4th May 2023 and signed on its behalf by.. Mr Mal¢olrn Plke Chair of Govemors 27

WITHINGTON GIRLS. SCHOOL ANNUAL REPORTOF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2022 STATEMENT OF GOVERNORS, RESPONSIBILITIES The Governors {who are also directors of Wilhington Girts, School for the purposes of company law} are responsible for preparing Ihe Governors, Annual report, which includes the strategi¢ report and the financial statements in accordance with applicable law and regulatic￿$. Company law ￿qUireS the Governors lo prepare finanaal statements for each financial year in 8ccordance with United Kingdom Generally Accepted Accounting Practice Iunited Kingdom Accounting Standards and appli￿ble law). Under company law the Governors musl not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, Including the income and expenditure, of th@ charity for that pericKI. In preparing these finanaal slalements. the Govemors are required to: select suitable accounting policies and then apply them consislenlly. make judgements and aceounling eslimaies that are reasonable and prudgnl,. stale whether app1[￿ble UK Acc(iunling Standards have been followed, subject lo any material departures disclosed and explained in the financial statements,. prepare the financial statements on the going concern basis unless il is inapproprrate lo presume that th& charity will contlnue in buslness. The Governors are responsible ft)r keeping adequate aceounling records that are sufficignt lo show and explain the charity's tr8n$aclions and disclose with reasonable accuracy at any time the financial position of the charity and enable them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the asset$ of the charity ?nd hence for taking reasonable slops for the prevention and detection of fraud and other irregularities. Financial statements are published on the charity's website in aCCor(Jan￿ with leglslation in the United Kingdorn governing the preparallon an(J dissemination of financial stalemenls, which may vary from legislatron in other jurisdictions. The maintenance and integrity of the charity's website is the responsibility of the Governors. The Governors, responsibility also extend$ lo the ongoing integrity of the financial statements contslned therein. Statement as to disclo8ur• of Inforn)ation to auditors In so far as the Govemors are aware at the lime of approving our Governors, annual report.. there is no relevanl informallon, being information needed by the auditor in connection ¥vith preparing their report, of which the group's auditor is unaware. and the Governors. having made enquiries of fellow directors and the group's auditor that they ought lo have individually taken, have each taken all steps that he/she is obliged to take as a director in order lo make themselves aware of any relevant audit information and to establish that the auditor is aware of that information. On b8half of the Board of Govemors Chair of Governors Dale.. 4th May 2023 28

INDEPENDENT AUDITOR'S REPORT TO THE GOVERNORS OF WITHINGTON GIRLS, SCHOOL Oplnion Vve have audited the financial statements of Wlhinglon Girfs, School I'lhe charitable company,) forthe year ended 31 August 2022 which comprise the Statement of Financial Aclivilies. the Balance SheeL the Cash Flow Stalem8nl and notes lo the financial statements, including signifunl accounting policies. The financial reporting framework that has been applied in their preparation is opplicable law and United Kingdom Accounting Standards. Including Financial Reporting Standard 102 The Financial Reporting Stsndard applicable In the UK and Republic of Ireland {Uniled Kingdom Genwally Accepled Accounting Piactice}. In our oiinion the financial ststements.. give a true and foir view of the state of ts charitable company's affairs as at 31 August 2022 and of its inco1￿ and expendilufe, for the year then ended., have been propeily prepared in accordance with United Klngdom Generally Accepted Accounting Practice,. and have been prepared in accordance with the requirements of the Companies Act 2006. Basls for oplnion We conducted our audit in accordan￿ with International Standards on Auditing IUKI (ISAS (UK)) and applicable law. Our responsibilities under those stsndards are further described in the Auditor's responsibilities for Ihg audit of the financial stslements section of our report. We ar8 independent of the charitable company in accordance with the ethical requirements that are relevant lo our audit of the financial statements in the UK, induding the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordanc8 wlth these requirements. We believe that the awjlt evidence we have obtained is sufficient and appropriate to provide a basis for our opinlon. Conclu$Fons relatlng to going ￿nCern In auditing the financial slalements. we have corKtuded that the Governors, use of the going concem basis of a¢counting in the preparation of the financial statements is appropriate. Based on the work we have perfoimed, we have not idenllfied any material uncertainties relab.ng to events or conditions that, individually or collectively. may cast significant doubl on the charitable company's abi5ily lo continue as a going concern for a perlod of al least ￿e1ve months fr(¥n when the financial statements are aulhorised for issue. Our responsibilllies and the responsibilities of the Govemors wilh respect lo going concem are described in Ihg relevant sections of this report. Other information The Govemors are responsible for the other infomialion contsined within the annual rgport. The other information Comprises the Infomiabon included in the annual report, otherthan th& financial ststemenls and our audilorfs report thereon. Our opinion ￿ the financial statements does not cover the other information and, except to the extent othe￿ise expliciuy stated in our report, we do not express any form of assurance condusion Ihereon. Our resp¢)nsibility is to read the other informalron and, in doing ￿, consider whether the other infomialion is malerially inconsislenl with the financial 5ts1emenls or our knowledge obtained in the audit or otherwise appears lo be materially misstated. If we iijenlify such material Inconsiste￿leS or apparent material misstatements, we are required to delmine whether this gives rfse to a material missialement In the financial statements themselves. If. based on thè work we have perfomied. we conclude that Ihere is a material misstslem8nt of this Other infomialion, we are required lo report that fact. We have nothSng lo rep¢Jrt in this regard. Oplnlons on other matters prgscribed by th• Compani08 Aet 2006 In OUT opinSon based on the work undertaken the course of our audit the infomialion given In the Govemors, report, which includ&s the directors, report prepared for 29

INDEPENDENT AUDITOR'S REPORT TO THE GOVERNORS OF WITHINGTON GIRLS, SCHOOL the purposes of eompany law. for the financial year for whlch the financial stslements are prepared is consistent wilh the frnancial stalemenls; and the directors, report included bmlhin the Govemors. report have been prepared in acccfdance ith applicable legal requirements. Platters on whlch w• are requlred to report by exception In light of thg knowledge and understsnding of the charitable company and their environment obtslned in the course of the audit. we have not idents.fied material misslalemenls in thedirectors. report induded within the Governois, report. We have nothing lo report in respect of the following matters in relation lo which the Companies Act 2006 requires us to report to you if. in our opinion.. adequate and proper aCt￿Untifig records have not been kept: or the financial stalements are not In agreement wlth the accounting records and relums-. or certain disclosures of trustees. remuneration specified by law are not made,. or we have not re¢elved all the Information and explanab'ons we ￿qUIre for our audit,. or the GoverNJrs were not entitled to piepare the financial statements in accordance wllh the small compani8s regime and take advantage ol the small companies. exemptions in preparing the Govemors, report and from the requirement to prepare a strategic report. Responsibilltles of Govern¢T5 As explained more fully in the Governors, responsibilities statemgnt sel out on pagè 34, the Govemors (who are also the directors of Ihe charitable companyforthe purposes ofcompany law) are responsible for the preparation of the financial statements and for being sa11sfi￿ that they give a true and lair view and for such intemal Control as the Govemors detemiine Is necessary lo enable the preparation of financial statements that are fre¢ from material misslalement. whether due to fraud or error. In preparing the financial slalements, the Govemors are responsible for assessing Ihe charitable company's ability to continue as 8 going concem, disclosing. as applicable, matters related to going concem and using the going concern basis of accounting unless the Iwslees eilhei intend to liquidate the charitable company or lo cease operations. or have no realisllc allemative bul lo do so. Auditorfs r8sponslbllitle$ for the audit ol the fln•ncial stalemènts Our objecllves are to obtain reasonable assurance atK)ut whether the financlal slalemenls as a whol8 are free from material misslalemenl, whether due to fraud or error, and to issue an audrtorfs report that includes our opinion. Reasonable assurance is a hlgh level of assurance, bul is not 8 guarantee that an audit conducted in accordance with ISAS {UK) will always detect a material misstatement when it &xists. Misstatements can arise from fraud or error and are considered malerial If, individually or in the aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the basis of these finanual statements. Details of the exlenl to which the audit was considered ¢8pable of delecling irrggularities, Including fraud and non-compliance wilhlows and regulations are sel out below. A furlher description of OLtr responsibilith'es for the audit of the financial stslemenls is l¢xaled on the Financial Reporh'ng Council's website at.. www. lorms part of our auditorfs report. c.or -ukJaudilorsre nsi ilits"es. This descriplic Extent to which th8 audlt c¢nsldered Capable of detoctlng irr8gularF¢ies. Including fraud Irregularllies, including fraud, are InStan￿S of non-compliance with laws and regulations. We identlffed and assessed the risks ol material misstatement ofthe financi81 stslements from iriegularities, whether due to fraud or error, and dlsujssed these bethen our audil team members. We then design8d and performed audit procedures respffisive lo those rtsks. includlng obtaining audlt evidence sufficient and appropriate lo provide a basls for our opinion. We oblalned an understanding of the legal and regulatory frameworks within which the ch8ritsble company operates. focusing on those laws and regulations that have a direct 8ffecl on the determlnation of matsrial amounts and disclosures in the financial stslemenls. The laws and 30

INDEPENDENT AUDITOR'S REPORT TO THE GOVERNORS OF WITHINGTON GIRLS, SCHOOL regulats'ons we considered in this context were the Companies Act 2006 taxation legislation togelher with the Charities SORP IFRS 102). We assgssed the required complianee with these laws and regulations as part of our audit procedures on the related financial stslemenl items. In addition, we considered provisions of other laws and regulations that do not have a diiect effect on Ihe financial slalements but compliance with which might be fundamental to the charitable comp8ny's ability lo operate or lo avoid a matthal penalty. We also considered the opportunities and incentives that may exlst within the charitable company for fraud. The laws and regulations we considered in this context for the UK operab'ons were The Education IlndependeTrl School St8ndard51 Regulakn'ofts 2074. Employment legislation and Health and Safety legislation. Auditing stsndard5 limit the required audit procedures to Identify norKompliance wth these laws and regulations to enqulry of the Trustees and other managgmenl and inspection of regulatory and legal cor￿SpOn(lenCe, if any. We identified th8 greatest risk of material Impact on the financial Slalements from irregularities, inclltding fraud, to be Mtt)in the liming of reeognilion of other income, and the override of controls by management Our audit pr￿ed￿re$ lo respond lo those risks inctuded enquiries of management about Iheir own iden￿ficatiOn and assessment of the risks of irregularities, sample lesling on the posting of 5oumals. reviewing account￿ng estimates for biases. reviewing regulaiory o)rrespondence with the Charity Commission. Independent Schools Inspectsrale and reading minutes of m8ellngs of those charge¢J with govemance. ling to the inherent limita￿OnS ofan audit. there is an unavoidable risk Ihalwe may not havg detscted sone material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing stan(lards. For example. the further removed non- compliance with laws and regulations (iregularilies) Is from the events and transactions reflected in the financial statements. the less likely the inherently limited procedures required by auditing stsndard$ would idenh'fy il. In addition. as with any audit, there remained a highèr risk of non-(leleth'on of irregularities. as these may Involve collusion, forgery, intentional omissions, misrepresentstions, or the ove￿ide of inlemal Controls. We are not responsible for preventin9 non-compliance and cannot be expected lo detect non-compliance with all laws and regulations. Usa of our r•port This report is made solely lo the charitable company's members, as a boty, in aectrrdance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might slate lo the charitable company's members those matters we are required to slate lo them in an auditor's report and for no other purpose. To the fullest exlenl permitted by law. we do not accept or assume responsibility to anyone other than the charitable company and the charitable cornpany's members as body, lor our audit woik, for this report, or for the oplnions we have formed. Vicky Szulist Senior Stalulory Audrtor For and on behalf of Crowe U.K. LLP Slatulory Auditor The Lexicon Mount Street Manchesler M2 5NT Dale 25th May 2023

WITHINGTON GIRLS. SCHOOL STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 AUGUST 2022 2022 2021 Unrestricted Funds Unrestricted Funds INCOME: Notes Donations Capital Donations for Dining Room Extension Donation from WGS Tnjst for Bursaries Other donations for Bursaries Other Donations 1,154,897 712,384 135.000 25,576 2 027 857 50,058 734,973 128,000 25,903 938 934 Income fmm charitable activitles.. Tuition fees receivable School meals 8,196,092 562,721 8,066,457 425.877 Incom8 from other Ir8ding acfivities." Other income 113,163 Investment income 97.640 752 271 Total Income 10,900,585 9,529.179 Expenditure Costs of raising funds 90,816 Expenditur6 on charitable acllvities Contributions tg WGS Tnist 95.136 9,419,702 8,712,814 411,739 Total •xponditur6 402,057 9.922,257 Net intomfr and net movement of funds for the year 9.210.007 978,328 Other recognisgd galnsl{loss•s} Actuarial gainl{loss} on CARE Pension Scheme Net movement in funds 319,172 15 21,408 66.419 999,736 385,591 RECONCILIATION OF FUNDS TOTAL FUNDS BROUGHT FORWARD TOTAL FUNDS CARRIED FORWARD 13,968,774 13,711,183 14 968,510 14 096 774 The notes on pages 35 to 47 fom part of these accounts. 32

WITHINGTON GIRLS. SCHOOL BALANCE SHEET 31 August 2022 2022 2021 Notès FIXED ASSETS Tangib￿ a5S8ts 14,754,993 13,610.186 CURRENT A$S￿s 524,801 Cash at l>ar 199.580 1965 594 2.165.174 1,887,023 CREDITORS Amounts fBlffing due within one year 1437 233 1,504,039 NET CURRENf ASSErs 449.790 661.1 CREDITORS Amount5 falling due after rnore than one yoar Pension knability 10 12362731 1302.5471 ASSETS 14,968,510 13,968,774 ACCUMULATED UNRESTRICTED FUNDS 11 14,W,510 13,963,774 14.968 $10 13 968,TT4 The Inancial statements were approved 8nd aL 4th May 2023 for issue by the board of G¢verrt¥rs Klr Malcolm Piko Governor r Christo cu ILv,- 33

WITHINGTON GIRLS, SCHOOL STATEMENT OF CASH FLOWS FOR YEAR ENDED 31 AUGUST 2022 2022 2021 Reconciliatlon of not movement In ￿ndS to net cash Ilow from operating activltles Net movement In funds Add back depreciation charge Deduct interest income shown in investing activtties Decreasellincrease) in debtors Increase/(decrease} in creditors (Decrease) in Pension Liobilty Net ¢ash ftow from operating a¢tivitles 999,736 657,394 (7521 (325,221 } <66,806) (66,2741 257,591 623.677 (2711 370,973 291,578 (109,470} 1.198.077 1.434.078 Cash flows from invfrstlng activitl•s Intgrest income Purchase of tangible fixed assets Cash used In In￿stIng activitles 752 (1,802,201) 271 1937,292) (1.801.449) (937,021) Reconciliation of Net CashlD•bt Decrease in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year Total cash and cash equivalents at the end of the year (603,3721 1,965,594 497.057 1,468,537 1.362.222 1,965.594 34

wrrHINGTON GIRLS. SCHOOL NOTES TO THE FIWCIAL STATEMENTS YEAR ENDED 31 AUGUST 2022 1 ACCOUNTING POLICIES 181 Basls of preparation of financial statem•ftts The financial statement5 havg been pr8par8(l in accordance with the Accounting and Reporting by Charities.. Statement of Retornrne￿Ied Practica applicable to charities preparing Iheir counts in accordance with Finaroal ReFX)rtiny St8fKlard applicable in the UK and Republic of Ireland IFRS 1021 leffective 1 January 20151- Icharities SORP IFRS 10211, the Financial Reporting Standard aFplicable in the UK and Republic of Irdand IFRS 1021 and th8 Charities Act 2011. Withington Girfs, S(knl meets the defin￿On of a wblic b8nèfrt entity under FRS 102. As58t5 and liabllrties are initially recognised at histryieal c05t or tr8nsaction value ¢Jnless otheTwise stat￿ in the relevant aceounting policy Th)te. Ibl Incomlng rtsourcès Fees receivable in re5PEcI of the prowsp)n ol edLKatK)n to pupils ar8 Stat8d after dEducting allowances nd other remissitsns granted by the School. Fe8s receivable, charg8s for samcas and use of premises are accounted for in the period in which the swvice 15 provided. Fees for Education In futur8 y8ars are carried fornvard as dderred income in Ihe b818n¢e sheet. tbnabons received for the general purposes of the Charity 8re credited lo the general unresrtricted fijnd. Icl Ra8our¢es expended All expenditure is accountgj for on an accru*s ba$1$ aThJ is alkTrtt&J ¢JlrecUy lo the cat8gory to which it relates and includes irr8coverdble VAT. Gov6mance costs comprise tlk)se costs incurred e<xnplying with constitutional and ststutory requlrements. Idl Fund accountlng All funds held by the Charily are unr9StrictEd ean b8 used In accordance with the charitable objects 81 the discretion of tha trLLStees. lel Tanglble flxed assets and depreciation Tangible fixed assets are stated al cost or valuatlon less ¢eprecialton. Depreciation Is provided al rat95 calculatEd to write off the cost or valuation of fixed asset5 over their expected live$ on a straight line basis al the following annual rat8S.' Buildings and extewnal facilities Fixtur85, fitting$ and equipment, ￿¢1 Compuiers 2%to 10% 5% to 25% Capital grants are accounted for byhen the Charity 1$ unconditionally entiued to receive the monigs. Expondltvro on ¢harltable aC￿vItIeS This includes all item5 requir￿ to pro￿de scTrKdlng for puprfs. Igl Support C0818 Thi8 represgnts experKliture requiral ¢0 manage and 8dministsr Ihè charty. Ihl Pensions The School makes pensM)n conlributK)ns in respect of eligible teaching staff to the Teach8r5' Pensions Scheme. The sc￿01 also makes contrit￿(k)nS to ihe personal p8nsion plans of other empltyees. Th8 School joined the ca￿er Revalued Earning5 Scherne ICAREI offered by TPT Retirement Solutions which has been ma¢e available to all tM)n-teaching staff app()inled since 1 September 2004 ar￿ e￿$ting non-leaching st8ff up until 31st March 2016 Iwh8n thè Scheme closed). From 1st April 2016 the SchLY)I has offered a Defined Contribulion Scherne Ihrough TPT Reliremenl Solutions (the Growth Plan se￿e$ 41. The p￿￿10n charge rèwèsants th• amount payaljg in re5￿ct ofthe pension 3chernes ￿￿ntione(j above. 35

WITHINGTON GIRLS. SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2022 1 ACCOUNnNG POUCIES CONTINUED Finaneial Instrum•nts Basi¢ financial instrLFtn8rrts are initralty re¢(VJniS￿ at tra)s￿l￿)n value subsequentty rneasur￿l at amortised rost ￿th the exception of investments which a￿ held at fair value. Financial assgt5 h8ld at amortised cost comprise cash at bank and in hand, togethgr wth trade and other debtor5. A specnlc PfOWSlOn 15 tnade for debts for which recoverability is in doubt. Cash at bank and in hand is defined as all ta5h held in instant accèss bank accounts and as worktro captal. Financial liabilities held al amortised cost cornpri88 dl creditors except social security other taxes aThJ provisions. Asset5 8nd liabilities held in fo￿$gn currency a￿ translated to GBP at fr balance sheet date at an appropllate year end 8xchangè rate. til Critleal accountlng ludgem•nts and key 80urce8 of 68￿matIOn uncertanty In th8 application of the accounting p(Aiues. Goverrors are reqiired to rn8kejudg8ment. 8Stirnates, and assumption$ about the carrying value of assets aThJ liabllrties that are not readily 8pparent from other sour¢es. The eslimat¢s and undertying a5sumption5 are based on historical experience other factor5 that are consKlered to be I$￿v￿t. Adu81 rnay drffer from th&8e estimates. The 88lim8tes and underfying 8SSunptho￿ we revlewed on 8n basis. Remsions to ¢outh'rKJ estimates are recogni$￿ in the perK)d in whSch the estimate is wised if the revision affects only that period, or in pwiod of the revision aThJ ILrture periods rf thè revision alfected cufrent and future peTh)ds. In the wew of the (&)verrK)rs, no assumptions Concerni￿ the future or estimab.on uncertainly affecting assets or liabilities at the balance sheet date are likely to result in a material adjustment to Iheir Garrwng amounts In the next financial year oth8r than th8 Provision for the pension deficit ltrvy. The School has 8n obligation to pay deficit funding ¢ontributions iow8rd5 the supporl siaff defined b8nÈfit pension plan. This ovision is dependent on a number of laclors inC￿l￿11r1j discowt rate. lrfe expectancy srKJ asset valuatlQn8. Thg assUrnPtvJns rofi￿t h1s1or￿& experiwKe ar￿ current trends. Ikl Golng Concern The Governors and Senior Lgadet5hip Team have reviewed the Rnancial Forecast aThJ B￿￿get ar consider that the School is 8 ()ing C4)ncèm. Statement of Cash Flows s￿w$ the cash infiow frorn Operating Activities which enables investment tn lh8 fabric of tIE School. The School is also grateful for the support of the WGS Twst (Charity 5052071 which provK18s financial a55isianc8 to the School for mèans-tested bursaries and caprtal projects. (k)verTh)rs have critically appraised the School's finandal position, a5 a result of the COVIC>19 Pandernic, and have taken appropriate rneasur85 to limit tha lee incr8as8 for parent5 in the 2022123 year. 36

WITHINGTON GIRLS. SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2022 2 DONATIONS 2022 2021 Capital Grant frorn the WGS Trust for the DiniTrJ Room Exler¢ion Capit81 conlributs'on lor cat81ing equipment Other donations for Bursaries Other donations for Bursaries PTA donatton for outdoor ¢lassrwm Ad Lucern Fund donation 1,000.000 154,897 712,384 135,000 10,000 15,576 2.027,857 24,304 50.058 734.973 128.0(K) 1.599 938,934 The S¢fwl's ¢atsrèrs agre&J a capital conlribulM?n to the buildw project which was usay for SFecDl¢ item8 01 equipment. 3 OTHER INCOME 2022 2021 Entrance examinth.on fees MiscellaneDUS irtome ErasmLts18rib"sh Council) Incom8 Job Retethn Scherne Income 23,449 89,714 19,010 52,702 25,928 97,640 113,163 4 COSTS OF RAISING FUNDS 2022 2021 Salarfes Pension costs Social Socurtty costs Total staff costs 56,015 5,952 6,118 68,085 58.075 5,802 5.730 69.607 OtheT fundraising expenditur8 Admintstration expenditur8 7,974 14,757 20.504 5,025 Total costs 90,816 95,136 The costs shown abov6 represent 50% of the direct running costs fr)r Development OfNce. The other 50% of the costs have been borne by a separ*e ¢harity, the WGS Trust leharity number S1￿207). Any inwm8 rais8d by the tkvebpment orrice is includèd in thè accounts of the WGS Trust. 37

WITHINGTON GIRLS, SCHOOL NOTES TO THE FINAACIAL STATEMENTS YEAR ENDED 31 AUGUST 2022 5 EXPENDITURE ON CHARITABLE ACTIVITIES 2022 2021 TEACHING COSTS Te8chars' salaries Superannuation charges Social S8CUrity costs 3.380,697 784,700 377,802 4,543,198 3.197,452 733,702 333,672 4.264,826 SUPPORT COSTS W￿e￿, salaries and support Pension costs Social 5￿UritY costs ApprentiC8ship Leyy Supplies, equipment and tools Miscellan80us exp8n585 Prlntiru, st8tion8ry. 8dv8rtising and 1okph)ne Opwating lease p8yrnen15 Profession81 fees (including HR. H&S Caterfro ConsultarKy) Interest and Charges lor CARE Pension Schen Insuranc8 Erasrnus (Britlsh cou￿11} Expandrture 1,734.300 153.421 133.578 8.972 863.429 339.719 173.699 9,161 99,784 9,431 81,920 1.589.565 168,144 123,722 7,425 707,068 294.702 168.886 9,161 125,4B7 19,209 73,378 3.607.993 3.286,747 PREMISES Repairs, maintenance and replacement of buildings Rep8irs, mainl$nance aThJ replacement of fixtLres and fIl￿ngS MirK>r building works Depr￿atIon Maintenancè of grounds Fuel, light, water and refuse collecti COVID-19 addrtional cost$ Rates cm 95,083 28,157 107,117 657,￿4 24,151 285,749 7,524 16,287 12,819 1,234,281 98,366 18,888 75,644 623,677 27,150 168,187 63,376 53,475 4,048 1.132.811 GOVERNANCE COSTS fee Other f885 paid to the ￿￿jitorS Legal and associat8d costs 14,490 13,020 19,740 34,230 Total 9A19.702 8.712,814 38

WThHINGTON GIRLS. SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2022 6 sfAFF COSTS 2022 2021 Payroll costs Wages and saLaries comprised.. Teaching staff Ifull aThJ part-timel 3.380.697 3,197,452 Library and dèpartment SLPPDrt staff Pbusekeeper, kitchen and dining room staff Cleaner5 Premis85 Staff Adrninislration 450.294 346,951 442.652 283.542 146,001 13).745 669.282 151,280 127,495 592,022 1,743,2rJ 1.596,991 Dgv8k)pment 56,015 58,075 5.179,986 944,073 517,498 4,852,518 907,648 463,124 Pension costs Social security costs Tho average nurnber offull and part tima èmpkJyees duiro year was 15112021.. 1531 including t￿￿rary appointments to cover members of stsff on malemity leave. Th8 avarag8 number of full and part tlrng emph)yees durfrvJ the year, expressed as full-tim8 equivalents, was 11712021.. 1101. The average number ol full and part time leachèrs durin9 the year. eypressed as fvll-time equivalents, was 8812021.. 871. A temiinalK)n Fdyment of£10,￿1 was duing the year 12021.. NILI The n￿)b￿r ofernpbyees with emolurnent5 exceeding £60.000 was 8$ folbws: 2022 No 2021 No £60.000 to £70.(J)O £70.000 to t80,LYJO £BO,000 to £90.(NJO £110,001 ￿ £120,OC Contributions were rnade to the Teachers. P6nsbns Scheme 4thi¢h is a defined benerrt scherne for the aL￿e higher paid employe83. ￿ ernployee is a member of the TPT Retirem8nt Solutions Growth Plan. Tha cost of the wntributs'ons in respect of thg above h￿her paKI employee5 vfds £106,21212021.' £111,258>. The remuneration of the Senior Leaderslwp Team. including sorial secutity aThJ pens￿￿ Costs. was £6￿.465 12W21.. £638.5021. None of the Trustees rermved &ny remuneratlon durlng the year12021.. £NILI The Trustees received travel expsns&s of £2.13812021.. NIL). Further del￿15 atx)ut the Teacl*rs' PenS￿n S¢hern8, th8 CARE Pension Scheme and the Growth Han 4 Pension S¢h8mè are provided in Notes 13, 14. 15 and 16 in these accounts. 39

WITHINGTON GIRLS. SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2022 7 TANGIBLE FIXED ASSETS Frn•hold bulldlngg Asxts und¥r Flx¢ures and and ground8 ¢￿$￿u¢l￿on gqulpm•nt Cost or valuatlon At 1 S8Pt8mbar 2021 Additions for the year Disposab forlhg year Transfer At 31 Auoust 2022 16,671,643 1,661,138 746.494 4.678,868 22,097.OD5 141,(￿3 1,802.201 746 494 75 19 931 23 899 Al Govemors, valuatlon at 1 September 1995 At cost 2,750,OOD 16,329,27S 250,000 4,569,931 3,000,000 20,899.206 19 079 275 19 931 23 899 206 Depreciation At 1 Soplemb*r 2021 Charge for year Di5POS8ls lorthe yèar At 31 August 2022 4,781,338 426,856 3,705.481 230.538 8,486,819 657,394 3 936 019 9 144 213 Net book val At 31 August 2022 13871 081 883 12 At 31 AugLtst 2021 11 890305 973 13610186 Construction work was completed 8 Iwtrstorey Dlniw R(K)rn extensi(￿ during year. A Capital contribuuon towards Ihi5 Pr0￿cl was received from our c8tering contractor for spècrfic itèms ol equiprnent. This equipment has been capitalised when recBved and th8 c￿rrespond￿￿ enlry ha5 been refiected in donations. The gquipmenl wi11 be owned by the School at the end of the catering contract (in 20241. If the Sch¢x)I e to change its catering contraclor before this date there w)ukl be èn al￿￿nt repayaUe basgj on the rern?ini trerrn of the (¥ntract. The charity has taken advantaoe of the transrtional prowsions available uThler FRS102 Tangible Fixed Asset5" I to update th6 revaluation of its fixed as5e¢s. T+￿ Govgrnor5 arè confidenl that the current Value of th8 larvj aThJ t￿lId1r￿J$ is nol less than the value statèd bbove. On 1st September 2015 8 transfgr of assets took place as part of thg incortK)ratiw woc8ss as destr1￿d on Page 3 of this Annual RepDrt. The Transfer Deed providecs for all the ch￿1t￿8 unrestricted a$$ets liabilities to be transf8rr8d to the new charitable company (company number 09083954 and regislered eharity number 11582261. The School's land and buildings, considered by Ih8 Charity Comrni5sion to be permanent eThSowment, remain within tho Ch￿table Trust. The ch9ritable conyany is the 501e corporate tru5teÈ of thè Charity. The la￿ ￿giSter￿ al HM L8nd Registry under the trtle number MAN246365. 40

WITHINGTON GIRLS, SCHOOL NOTES TO THE FINANCIAL STATEMENTS YE4R ENDED 31 AUGUST 2022 8 DEBTORS 2022 2021 Fess ovAng from parents Sundry dabtors AtrK)unt due from WGS Tr￿￿1 Prepaym8nls 31,052 12,163 392.640 88,946 524801 11.799 11.862 175,919 199.580 CREDITORS 2022 2021 Amounts falli￿ due Mthin one year,. Tuition f Tax a￿1 soclal sècunty Capital ac¢rual$ Other accruals Amount paYa￿e tD WGS Trust 654,787 319,710 104,415 358,321 546.160 110.746 347,004 481.357 18,772 1.504,039 1A37333 10 PENSION LIABIUTY 2022 2021 Pan5vJn Liability 236.273 302,547 The Pension Liability shown above represents the Pr8sent Value of Provision for Ihe TPT Retirem9nl SOluti￿)s CARE PensKJn Scheme- as detailed in Note 15. 11 ACCUMULATED FUNDS Ggn*ral Fund# 2022 2021 A5 1 September 2021 Surplu5 for the year L¢s$ transfer10 D9S1gnated Funcj pl￿ transf￿ from D8SIgnat￿ Fu￿1 At 31 Augu512022 13,918.716 999.736 13,461,183 257,591 150.0581 250,000 13,918,716 50.D5B 14,968.510 De8fjgnat￿ Fund As 1 Septernber 2021 Plus transfer from General Fund Less transfsr to General Fu At 31 August 2022 50,05B 250,000 50.058 50.000 SO,058 50,058 Totsl funds As 1 Septernber 2021 Surplus for tho y98r 13,968,774 999.736 13,711.183 257,591 At 31 August 2022 14.968 510 968.774 In the pwous year, th8 Govemors transf8rr&J 8 proportlon of thg Capital grant receivgtAe from the extsrnal eatering company into the Designated Fund. The balanc8 of funding has b8en received Sn th6 current accovnliro period a5 the project was compl6iad. Further Inforrnalion 18 incI￿led Sn Note 7. The resèryes shown above Include thosg which have financed Fixed Assets las shown in Note 71. Free reseFves are £213,517 as at 31 August 202212021.. £358,588). The r￿Uct￿n in free res￿ is as a resuN ol the completion of the major buildinq project. the tsvtrstorey ektension to the Dining R(x)m. which started in April 2021 and completed in F&bruary 2022. 41

WITHINGTON GIRLS. SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 21122 12 RELATED PARTIES The Govarnor5 of Wrthington Girls. SchcA)l app￿Trt the Trustees of WGS TrusL a regi%tr￿ charity. T¥ansaclions wth the WGS Trust have been identified and disdosed within Ihe accounts and annual retK(t a5 appropriate. The operation of the WGS Trust 15 tnd8p8ndènt of the School. The objects of the Trust are alv8ncement of the aducalional wod( of Withiwon Girfs, School. charitable purposes of, or associated wrth. School and the Jvancement ol education. A specffic aim of the Trust is to rnairrtain 2nd enhance the level of means-tesied bursary $upp)rt to safeguard thg diversity of Ihe school comrTtunity. One ol the Charitls Goverry)rs'. Lh- R D8v-Jair8th las listed on page 11, Ks a parent ol current pupils a¢ the S¢hool. Foes charged to thi5 GovertK)r during the year lo 31st August 2022 w8rè in linè with the Schoofs standard terrro & conditions. There We￿ no fees OLtstanding for this parent at 31 August 2022. Includ￿ within tk)natk)ns shown on Page 32, is incorne frorn the WGS Trust, in respect of I￿r$ar￿8, of £712.384 {2021.'£734,9731. E8eh year, the Sehool makes a voluntary contribution to the Trust to help finance the cost ol mèans testgd bLxSar￿9 provthd by the WGS Trust. The current contributs.on rate, detemiined by the Governors, 1$ 40h of f88 income. Th8r8 wars rn othar rslated party transact￿n5 13 PENSION COSTS Th8 SchoN)I'$ employees belong to tyvo principal pension schernes.. the Teodts' P￿slon Scheme ITPSI or a scher￿ provtd&J by TPT Retirgment SolutiOn5. Up ￿￿til 31st March 2016. the Scherre offered through TPT Rétirernent soluts.ons was the CARE Pension Schèma {a Defined Benefft Scheme). Thi5 was closad to further contributions from Ihal ￿1n1 and $taff were able to pin the Growth Plan S8ri85 418 Defined Contribution Schernel run by TPT Retirement Solulions Ifom 1st April 20161. The Teachers, Pension Scheme is a Defined Benefkt Sch8rne. The total pension (x)5t forth8 year ended 31 Augus12022 was £944.073(2￿2l.. £907,648). 42

WITHINGTON GIRLS. SCHOOL NOTE8 TO THE FINANCIAL STATEIIENTS Y&4R ENDED 31 AUGUST 2022 14 TEACHERS ' PENSION SCHEME Introduction The School participates in the Teachers. Penslon Scheme I'the TPS.) for it5 teaching staff. The pension charge for thè year includes Contributior￿ payabl8 to Iha TPS of £784.67012021.. £774,670) and at the yearnd £NIL12021 .'£NILI was 8ccw&I in respect of contrtbutiorts to thls schem&. TEACHERS. PENSION SCHEME ICONTINUEDI The TPS is an unfunded multimployer defined benefits pension ¥¢heme 9overned by The TeaC￿r$, Pensions Regulati￿$ 2010195 amended) and The T8acher5' Pension Scheme Regulations 2014 la5 amended). Members contribute on a'pay as you go. basis with contributions Irorn rnernber5 and tha 8mpbyer bairg Cfedited to the Exchequer. Retirement aTrY oth8r p8rtsion benefits are paid by public funds pTovi¢Jed by Parfiamenl. The employer conln'bution rate is sel by the Secretary of Stale followtThJ scheme vgluations undertaken by the Govemment Actuarf$ D8partrnent. The rnost reeent actuarlal valuath)n of the TPS vras prepared 85 at 31 M¢h 2016 and Iho Valuath)n Report. which was published in M8rch 2019, confimè(J Ihat the employer O)nlribution rate for the TPS would increase from 16.40A to 23.6% from 1 Septemtsr 2019. Employers are also required to pay a scheme administration levy of 0.￿ glvlwJ a total ernpkjyer wntrilxJtK)n rate of23.e8%. The 31 March 2016 Valuation Report was prepared in accordan￿ with the benefits set Olrt in the seherne roJulalDns arKI under tl 8pproach specifietj in thg Direcllons, as they appligj at 5 March 2019. However. the assumptions weie consvjsr￿ and Set ty the Department for Education pnor to the ruling in the 'McCloudlSargeanl case,. This case has required the courts to eonsider cases wardin9 the irnplemgnlation of the 2015 reforms to Public servi￿ Pensions including the Teachers, Pensions. On 27 June 2019 the Supremè Court dènied the govemment perynission to appeal the Court of Arp881'8 judgment that transitional provisions Introduced to the reforrn￿ pension schemes ill 2015 gave rise to unlawful age discrirninalion. Th8 goVe[nffl￿t is ￿pec￿ng ¢t Court's decision and has said it will engage fully with the Employrnent Tribunal a5 well a5 erryloyer and member representatives to ag￿e how the discriminations will be rernedi8d. The government announeed on 4 February 2021 that rt intends lo proceed wth 8 d8f8rr8d c￿1 u￿erPIn undeT which mèmbers wll be able to ch(K)$g eitrer legacy or reforrR8d sch8rne benefts in respect of their seryi¢e during the perK)d belw88n l April 2015 aThJ 31 March 2022 at the ￿1n1 they become pay8￿￿. The TPS is subject to a cost cap rnechanism which was put In ￿ace to prolect taxpaye¥s again51 urforeseen ch￿￿£$ in scheme o)sts. The Chief Secretary to ihe Treasury, having in 2018 announcgd th there would be a rewew of this cost cap mechanism, in January 2019 announced a pause tr> the cost cap Mechanism following the Court of Appeal's rulirKJ in the McClou(YSargeanl case and until there Ks certainty about the value of pensions to ernpk)ye9$ frorn April 2015 onwards. The pause was lrfted in JLAY 2020, and a consultation wa5 launch￿ Dll 24 June on prowsed changes to the c051 control [￿￿hanISM followng a review by the Government Actuary. Ftsll(wng a public ctsrK%ultation. the Govemment have accept￿ three key pro￿8818 r8cornm8nded by Ihe Govemment Actuary, ar￿ ar9 airning to implernent Ih85e changès in time for the 2020 valuats'ons. The 2016 c051 contrvl valuations have since been cOM￿eted in J8nu8ry 2022, arKI thè rèsults Indlcated that ther8 woth be rK) chawes to bènefits or member contributSons 18qui￿. The results of the c05t cap valuation are not used to sel the empbyer conlribulion Tate, and HM Trgasury has cOnfirrn￿ that any Cha￿e$ to the empkjyer conth'bulion ratg r8SuI￿.￿g from the 2020 valuations will lake effect in April 2024 Until the 2020 valuatK)n is eomrAeted it is rx)t ky)ssiUe to conclude on any finan¢ial impact or futur8 chang85 tts the Contribu￿On rates of the TPS. Acoordingly no provision for any additv)￿aI past benefrt pension ￿$1$ is included in these financial ststern8rrts. 43

WITHINGTON GIRLS. SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDEO 31 AUGUST 2022 15 TPT Rellr•ment Solutlon$. Car••r Av•rago R•v8luod Earnlngs I"CARE"I PO￿lon Sch•m• The School participates in the scheme. a multi-8rnpbyer scheme which provides benefit5 to 50mè 37 rKJn4ssociatsd eMp￿YerS. The schemè is a dafin8(I benefrt scherne in the VK. It is rw)t rK)ssible for the SctrKol to obtain suffici8nt inforrnation to enable 11 to account for th8 schéme as a defined benefit Scheme. There￿6 rt 8ec(xJnts for the scheme as a defI￿d Contribu￿On scheme. The scheme is subJ'e¢t to the funding legislation outlined in the Pensions Act 2004 which camè into force on 30 Decernber 200S. ThB, tog&t￿r with (kncuments issued by th9 Pensions Regulator aThY Technical Actuarial Stsndard5 15sued by the Financial R8w)rting C(yJrril, set out framewrk for funding defined benefit occupational pension $cheff￿ in the UK. The schem& is clasS￿led as a'la5l-man staThJing arrargement,. Ther8for8 the SClu￿1 is pw)tentially liable for other participating em Joyers. obligations il those employer3 are unable to rneèt their share ol the scheme deficit following wthdrawal from the schem8. Part￿4pati eM￿0Y6rS 8r8 IwJally required lo meet thar share of thg scheme del(clt on an annuity pur¢ha58 basi5 Oll withdrawal from th8 scheme. A full actuarial valuatlon for the Scho￿ was OLrt at 30 September 2018. This actuarial valuallon showe£J 8$58ts of £60.45m. I1￿111t1es 01£85.3m a￿1 a deficit of £24.86rn. A full 8Ctuarkg1 valuation for the scherrE was carrid out at 30 September 2019. This valuation showed assets of £79m, liabillties of £93.9m aThJ a deficit of £14.gm. To eliminate Ihis funding shortfall. the Trustge asked tho participallng employers lo pay additional cothbutions to the scheme as follows.. Deficlt tontrlbutlons for all Ompl￿r$ Ipayable rnonlhty and inereasiro by 3.0% each year on 1s1 April) From 1 Aw'l 2021 to 30 Septernber 2027 £1.530,000 pgr annum The recovgry pLan cothbuiions are albcated to aaeh participating employer in line with their 8Stirnated share of sche￿￿ li8bilth&s. Whe¥e the scheme is in deficit and whETe the s¢￿01 has agrood to a deficit funding arrangsmtnt the scr￿01 re¢>)gni88s a liabilrty for this obligation. The amount recognised is the net present value of the deficrt reduction contributK)ns payable under the agreement that r8Lat6s to the defilyt. The present value is calculated usin9 thg discount rale detailed in these disclosures. The urminding of tr￿ discount ra18 IS recogn1$￿ as 8 finance c05t. 44

WITHINGTON GIRLS, SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2022 PRESENT VALUE OF PROVISION 31 August 2022 {£OOOsl 31 August 2021 <£00051 31 Au9USt 2020 I£OOOsl Present Value of Provision 236 302 412 RECONCILIATION OF OPENING AND CLOSING PROVISIONS Year Enthng 31 August 2022 I£OWsl 302 Ygar Ending 31 August 2021 I£O(Xlsl 412 ProM$ion at start of ￿riod UnwiThfjiro of the discount factor lint8Te5t expense DeF￿￿t contribution paid Rer￿asurernent$- impaet of bny change In assurnplion5 Remeasurements- arnerKlments to the contribut￿n 5chedu19 1471 1461 1211 65 Prowsion at and of perio(J 236 302 INCOME AND EXPENDrruRE IMPACT Yèar Endlng 31 August 2022 I£OOOsl Year Endlng 31 Au9USt 2021 1£00051 Interest 8xpensÈ Remeasure￿￿￿tS- impact of any change in assumptions Remeasurerwnts- amendments to Ihe contribution schedule 1211 1651 ContributH)ns pald In respect of futur8 88rvice ConlributK)ns Tecoynised in Income and expenditura accL)unt 45

WITHINGTON GIRLS, SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2022 8SUMPTIONS 31 August 2022 % per annum 4.45 31 August 31 August 2021 2020 % per % per 8nnurn Rale ol discoL¥ The 4Yiscounl Tatés above ar8 the equivalent siwle ¢iscounl rates which, when use(J to dlscount the Mture ￿0Very p18n contributions due, wyjkj giv8 thè s8rn8 ￿sU￿S as using a full AA corporate txNKJ weld curve to discount th8 same recovery plan contritwtiorts. 16 TPT Rellroment Solutlon8. GROWTH PLAN SERIES 4 ThiE pensbn schema t)een offergj to Support StafF from 1st April 2016 fc41ovAng the closw8 of ts CARE Schemo. Growth Plan Series 4 is a Defined Contribution I'[￿.) pertsion grrarKJement where Ihe Contri￿tron otes are dgtermined by the employer. A number of options are tnade available to rnèmb8fS to invest the contributions pai¢J into the Plan by membèts and employers. If a member does not make a decision where to invest their conlributhons, a'default. fund 15 made available. The default fund for GrowLh Plan Series 4 is a Target Date FurKJ that is woM(led ty an extèmal inveslrnenl manager, AB Ifomierty known 8s Alliance Bern5t9inl. The Employer conlribullon rale is 10.fjyo and the Empk)yee is able to make any contributlon frcffn 1% upwards Su￿.eCt to thg lirnlts in place with HMRC. There ara 80 members of the Grnvth Plan Serfes 4 as at 31 August 202212021.. 64 employ8esl. 17 C￿lIa1 Commllments There wer9 no commitments al 31st August 202212021.. £1.468.7311. 18 Flnanclal Instrument¥ 2022 2021 Fin8nclal a55et$ measured at 8mortLsgJ cost lal 1.887,023 2.165.174 Financ￿1 liabilities measured at arnortised cost Ibl Nèl financlal assets tn8asured at 3rTh)rtN%ed cost {462.7361 1847.1331 1424 217 1318 041 (al Financial assets include cash. trade and lee deposits and olher debtors Ibl Financial liabilitpes include dokwrts, trade credltors and other creditors 19 Operating Lea888 The future minimum lease payments under non-¢arKdlable operatin9 l&asè5 are as follows.. 2022 2021 Plant & Equlprnent Less Ihan 1 year 2 afid 5 year5 c￿er 5 years 9.161 9,161 9.161 18.322

WITHINGTON GIRLS. SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST Z022 47