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|**CONTENTS**|**Page**|
|---|---|
|Introduction fromtheChair of Governors andtheHead|4|
|Annual Report oftheGovernors|9|
|lnd~pendentAuditor's Report totheMembers of Alleyn'sSchool|40|
|GroupStatementofFinancial Activities|44|
|Balance Sheets|45|
|GroupCashFlowStatement|46|
|Notes totheFinancial Statements|47|
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|**Measure:**|**2021 -22**
**2020-2 1**
**2019-20**|**Relatingto: **|
|---|---|---|
|UK energyuse(MWh)|5,698
5,863
4,972|TheSchoolsite,Burbage roadsite
and staff properties
\|
|Associated greenhouse
gas
emissions(CO2tonnes)|43
238
1,042|Includes energy usage, fuel used on
siteondflights'emissionsfromSchool
trips,but not outsourced coachtripsor
taxi journeys ·|
|Intensity ratio
Emissions per pupil:1,329
(2021:1,305)|0.03CO2
0. 18CO2
0.80CO2
tonnes per
tonnes per
tonnesper
pupil
pupil
pupil|Theintensity ratio(Tieasuresenergy
usogecomparedwith an appropriate
businessmetric.|
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|**INCOME**
**Income from charitable activities**
Feesreceivable
School meaIs
Other income
**Income from Generated Funds**
Income from trading subsidiary
**Incomefromfundraising activities**
Notes
_2a_
_4_
_12_
DistributionfromTheDulwich Estate and Grants
_3_
Donations receivable
_17_
**Income from investing activities**
lnvestmi,ntincome and other income
5
**Profitondisposaloffixed asset**
5
**Total Income**
**EXPENDITURE**
**Expenditureoncharitable activites**
School operating costs and grant making
7
**Expenditure ontradingactivities**
Expenditure from trading subsidiary
7
**Expenditure on fundraising activities**
Fundraising and development
7
**Total Expenditure**
**NET INCOMEBEFORETRANSFERSAND**
**INVESTMENT GAINS ANDLOSSES**
Net (losses) gainsoninvestments
_11_
Transfers between funds
_17_
**NET INCOME AFTERTRANSFERS**
PensionScheme actuarial gains
_18_
**NETMOVEMENTIN FUNDS**
Brought forwardbalance
_17_
**FUNDS CARRIED FORWARD**
_17_|**Unrestricted**
**School**
**£'000**
24,941
670
50
587
1,873
346
**28,467**
27,704
334
216
**28,254**
213
(3,260)
**{3,047)**
6,018
**2,971**
**1,435**
**4,406**|**Funds**
**Designated**
**£'000**
5
**5**
5
(2)
319
**322**
**322**
**1,217**
**1,539**|**Restricted**
**Funds**
**£'000**
71
1,031
272
**1,374**
476
**476**
898
(124)
**774**
**774**
**6,804**
**7,578**|**Endowment**
**Fund**
**£'000**
62
**62**
62
(103)
2,941
**2,900**
**2,900**
**39,379**
**42,279**|**31July**
**2022**
**£'000**
24,941
670
50
587
1,944
1,093
623
**29,908**
28,180
334
216
**28,730**
1,178
(229)
**949**
6,018
**6,967**
**48,835 ' **
**SS,802**|**31 July**
**2021**
**£'000**
23,024
**374**
**68**
170
2,002
185
**573**
1|
|---|---|---|---|---|---|---|
|||||||26,397|
|||||||25,766
122
297|
|||||||26,185|
|||||||212
2,279|
|||||||2,491
915|
|||||||3,406|
|||||||45,429|
|||||||48,835|
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|**Registered Number: 09401357**
**FIXEDASSETS**
Fixed Assets
Investments
**CURRENTASSETS**
Debtors
Cashatbank
**CREDITORS:due within one year**
Creditors
**NETCURRENTASSETS**
**TOTALASSETSLESSCURRENTLIABILITIES**
**LONGTERMLIABILITIES**
Creditors payableafterone year
DefinedBenefitPension SchemeDeficit
**TOTALNETASSETS**
REPRESENTEDBY:
**ENDOWMENTFUNDS**
**RESTRICTEDFUNDS**
**UNRESTRICTEDFUNDS**
DESIGNATEDFUNDS
GENERALFUNDS
DEFINEDBENEFITPENSIONSCHEMERESERVE
Notes
_10_
_11,12_
_13_
_14_
_15,16_
_18_
_17b_
_17c_
_17d_
_lle_
_lle_|**GROUP**
**2022**
**£'000**
43,090
18,896
**61,986**
1,345
3,257
**4,602**
{3,705)
897
**62,883**
(6,296)
{785)
**55,802**
42,279
7,578
1,539
5,191
(785)
**55,802**|**2021**
**£'000**
38,679
18,375
**57,054**
1,152
6,257
**7,409**
(3,577)
**3,832**
60,886
{5,621)
{6,430)
**48,835**
39,379
6,804
1,217
7,865
(6,430)
**48,835**|**CHARITY**
**202'2**
**£'000**
43,090
18,896
**61,986**
1,316
3,026
**4,342**
(3,685)
657
**62,643**
(6,296)
{785)
**55,562**
42,279
7,578
1,539
4,952
(785)
**55,562**
**2021**
**£'000**
38,679
18,375
57,054
1,252
6,048
7,300
{3,516)
3,784
60,838
(5,621)
{6,430)
**48,787**
39,379
6,804
1,217
7,817
{6,430)
**48,787**|**CHARITY**
**202'2**
**£'000**
43,090
18,896
**61,986**
1,316
3,026
**4,342**
(3,685)
657
**62,643**
(6,296)
{785)
**55,562**
42,279
7,578
1,539
4,952
(785)
**55,562**
**2021**
**£'000**
38,679
18,375
57,054
1,252
6,048
7,300
{3,516)
3,784
60,838
(5,621)
{6,430)
**48,787**
39,379
6,804
1,217
7,817
{6,430)
**48,787**|
|---|---|---|---|---|
|||||57,054
1,252
6,048|
|||||7,300
{3,516)|
|||||3,784|
|||||60,838
(5,621)
{6,430)|
|||||**48,787**|
|||||39,379
6,804
1,217
7,817
{6,430)|
|||||**48,787**|
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|**Net cashflow from 'operating activities**
**Cashflows from investing activities:**
Payments to acquire tangible fixed assets
Payments to acquire investments
Investment income and bank interest received
Interest payable
Proceedsondisposaloftangible fixed assets
**Netcash(outflow) from investing activities**
**Cashflows from financing activities:**
NewLoansdrawdown
LoanRepayment
**Netcashinflow from financing activities**
Change incashandcash equivalents in the reporting period
Cashandcashequivalentsatthe beginningofperiod
Cashand cash equivalentsatthe endofthe reporting period
_Note (i)_
**£'000**
**2022**
(6,390)
(750}
623
(219}
1,500|**£'000**
2,236
**(6,736}**
**1,500**
**(3,000}**
6,257
**3,257**|**2021**
**£'000**
(1,755}
(178}
57_3
(230)
**1**
(2,605}|**£'000**
1,866|
|---|---|---|---|
||||**(1,590}**|
||||**(2,605}**
**(2,329}**
8,586
**6,257**|
|**Note(i)**
**Reconciliation of net incometonet cashflow from operating activities:**
Net incoming resourcesforthe year
Eliminationofnon-operating cash flows:
- Investment income and interest receivable
- Finance costs
- Profitondisposaloffixed asset
Defined benefit pension scheme related costs (non cash movement)
Depreciation charge
FixedAsset Writeoff
(lncrease)/decrease in debtors
(Decrease)increditors excluding fees in advance scheme and deposit
(Decrease)/increaseinfees in advance scheme and fee deposits
**£'000**
**2022**
(623}
219
373
1,979
(192)
(137)
(561)|**2021**
**£'000**
**£'000**
**£'000**
1,178
212
(573}
230
(1)
260
1,755
10
457
(564}
80
1,058
1,654
**2,236**
**1,866**|**2021**
**£'000**
**£'000**
**£'000**
1,178
212
(573}
230
(1)
260
1,755
10
457
(564}
80
1,058
1,654
**2,236**
**1,866**|
|---|---|---|
|||**1,866**|
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|**2.CHARITABLEACTIVITIES**- **Feesreceivable**
**a)Feesreceivableconsistof:**
Grossday fees
Otherfees
less allowances
Lessgrants, awards and prizes funded by the School:
Scholarships (includes means-tested scholarships)
Means tested bursaries and other financial support
**Feesreceivable**
Addback: scholarships and bursaries paid for by restricted funds :
**Netfeesreceivable**
**_Note_**
19
19
**b)Thetotalscholarshipsandbursariesreceivedfrom other fundsconsistof:**
Restricted - Alleyn's School Awar_dsFund(lncledon/Fenner)
Restricted - Saddlers'Fund
Restricted - WJSmith
Restricted - Peter Lammer
Restricted - Advancing Alleyn's ·
Restricted - Alan Wein
Restricted - 400th Founder's BursaryFund
Restricted - COVID19
Scholarships, bursaries and other awards were paidto526 pupils (2020-21: 519).
Within this, means tested bursaries totalling £1.9m were paidto97 pupils (2020-21: bursariesof
**3.FUNDRAISING**- **EstateTrustees**and**Grants**
The Dulwich Estate distributions - Annual Grant
The Saddlers' Company Grant
JobRetentionScheme
TheDulwich Estate distributions - Annual Grant
TheSaddlers' Company Grant
JobRetention Scheme
4.CHARITABLEACTIVITIES- Otherincome
Staff rents
Other lettings and income
Unrestricted
Restricted
£'000
£'000
50
50|**2.CHARITABLEACTIVITIES**- **Feesreceivable**
**a)Feesreceivableconsistof:**
Grossday fees
Otherfees
less allowances
Lessgrants, awards and prizes funded by the School:
Scholarships (includes means-tested scholarships)
Means tested bursaries and other financial support
**Feesreceivable**
Addback: scholarships and bursaries paid for by restricted funds :
**Netfeesreceivable**
**_Note_**
19
19
**b)Thetotalscholarshipsandbursariesreceivedfrom other fundsconsistof:**
Restricted - Alleyn's School Awar_dsFund(lncledon/Fenner)
Restricted - Saddlers'Fund
Restricted - WJSmith
Restricted - Peter Lammer
Restricted - Advancing Alleyn's ·
Restricted - Alan Wein
Restricted - 400th Founder's BursaryFund
Restricted - COVID19
Scholarships, bursaries and other awards were paidto526 pupils (2020-21: 519).
Within this, means tested bursaries totalling £1.9m were paidto97 pupils (2020-21: bursariesof
**3.FUNDRAISING**- **EstateTrustees**and**Grants**
The Dulwich Estate distributions - Annual Grant
The Saddlers' Company Grant
JobRetentionScheme
TheDulwich Estate distributions - Annual Grant
TheSaddlers' Company Grant
JobRetention Scheme
4.CHARITABLEACTIVITIES- Otherincome
Staff rents
Other lettings and income
Unrestricted
Restricted
£'000
£'000
50
50|£2.0mpaidto1
**Unrestricted**
**£'000**
1,873
1,873
1,676
240|05 pupils)
**Restricted**
**£'000**
71
71
86
86
Unrestricted
**£'000**
53
15
68
**2022**
**£'000**
27,843
234
(901)
**27,176**
(725)
(1,873)
**24,578**
363
----
**24,941**
===-
21
71
142 .
21
43
21
21
23
----
**363**
====
**Endowed**
**£'000**
----
----
----
----
Restricted
**£'000**
----
----|**2021**
**£'000**
25,980
269
(865)|
|---|---|---|---|---|
|||||**2S,384**
(665)
(2,044)|
|||||**22,675**
349|
|||||**23,024**|
|||||14
86
124
20
20
21
20
**44**|
|||||**349**|
|||||**2022**
**£'000**
**1,873**
**71**|
|||||**1,944**|
|||||2021
£'000
1,676
86
240|
|||1,916|||
|||||2,002|
|||2022
£'000
so||2021
£'000
53
15|
||50|so|||
|||||68|
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|**5. INVESTMENTANDOTHER INCOME**
**InvestmentIncomeandotherincome**
Royaltyand investment income fromWJSmith Trust
**Bankinterestandinvestmentpropertyincome**
Profit on disposal of tangible fixedassets
**InvestmentIncomeandotherincome**
Royalty and income fromWJSmith Trust
**Bankinterestandinvestment propertyincome**
Proceeds on disposal of tangible fixedassets
**6.STAFFCOSTS**
Total resourcesexpendedincludedthefollowing aggregate payroll co
**Wagesandsalaries**
**Socialsecuritycosts**
**Pensioncontributions•**|**Unrestricted**
**School**
**£'000**
249
97
346
Unrestricted
School
£'000
240
99
340
sts:
Unrestricted
Designated
£'000
5
5
----
Unrestricted
Designated
£'000
5
----
**5**|Restricted
£'000
113
159|Endowed
£'000
Endowed
£'000
2022
£'000
367
159
97
----
623
----
2021
£'000
**354**
**120**
**99**
**1**|
|---|---|---|---|
|||272||
|||Restricted
£'000
109
120||
|||229|**574**|
|||**2022**
**£'000**
15,714
1,729
2,970
**20,413**|**2021**
**£'000**
14,298
. 1,561
**2,842**
**18,701**|
|**Headcount**
The**numberofemployeesisgiven below:**
**2022 '**
**2021**
**No.**
**No.**
Teaching staff
174
174
Nonteaching staff
354
287
**528**
**461**
----|**Fulltimeequivalent**
**2022**
**2021**
**No.**
**No.**
151
147
162
142
**313**
**289**|**Fulltimeequivalent**
**2022**
**2021**
**No.**
**No.**
151
147
162
142
**313**
**289**|
|---|---|---|
|||**289**|
|**Aggregate remuneration of key management personnel:**
The number of employees whose emoluments exceeded £60,000 were:
£60,001 · £70,000
£70,001 · £80,000
£80,001 · £90,000
£90,001 · £100,000
£100,001 · £110,000
£110,001 · £120,000
£120,001 - £130,000
£140,001 - £150,000
£150,001 - £160,000
£180,001 · £190,000|**2022**
**£'000**
2,106
**2021**
**£'000**
1,806|
|---|---|
||**2022**
Number
25
39
2
4
4
**2021**
Number
**27**
39
**2**
5
2
2
**1**
1|
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|**7.ANALYSISOFEXP**|**ENDITURE**|
|---|---|
|**7.ANALYSISOFEXP**
**0**
**ENDITURE**||||||
|---|---|---|---|---|---|
|**Staffcosts**
**£'000**
**Expenditureon charitable activities**
Friends, Community&Commercial Programme
109
Teaching costs
13,320
Welfare
937
Premises
1,337
Support
4,254
Grants, awards andprizes
Governance
Finance costs
98
**20,055**
**Expenditure on fundraising activities**
Fundraising and develop~ent
168
**Expenditure on trading activities**
Trading Subsidiary
288
**Total expended**
**20,511**
**Staffcosts**
**£'000**
**Expenditure on charitable activities**
Friends, Community&Commercial Programme
68
Teachingcosts
12,772
Welfare
307
Premises
1,217
Support
4,057
Grants, awards and prizes
Governance
Finance costs
90
**18,511**
**Expenditure on fundraisingactivities**
Fundraising and development
183
**Expenditure on trading activities**
Trading Subsidiary
98
**Total expended**
**18,792**
**Expenditure on support and governance activities**
Staff costs
Communicationcosts
Other support costs
Governance
Allocated depreciation
**Expenditure includes:**
Auditors' remuneration for audit services
Auditors' remuneration for otherservices
Depreciation||**Other**
**directcosts**
**£'000**
1,929
746
1,961
786
476
30
219
**6,147**
48
45
**6,240**
**Depreciation**
**£'000**
783
377
513
305
**1,978**
1
**1,979**|||**2022**
**Total**
**£'000**
**109**
**16,032**
**2,060**
**3,811**
**5,345**
**476**
**30**
**317**
**28,180**
**216.**
**334**
**28,730**
**2021**
**Total**
**£'000**
**68**
**15,063**
**1,368**
**3,597**
**4,945**
**374**
**30**
**320**
**25,766**
**297**
**122**
**26,185**
**2021**
**£'000**
4,057
132
485
30
271
**4,975**
30
5
1,755|
|||**Other**
**directcosts**
**£'000**
1,596
727
1,925
617
374
30
230
**5,499**
114
**24**
**5,637**
**Depreciation**
**£'000**
695
334
455
271
**1,755**
**1,755**||||
|||||**2022**
**£'000**
4,254
228
558
30
305
**5,375**||
|||||32
2
1,979||
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|**NANCECOSTS**
Feesin advance debt-financing
Pension liabilityrelated costs
Bank interest andother charges
**2022**
**£'000**
41
98
178
**317**|**2021**
**£'000**
**54**
90
176|
|---|---|
||**320**|
##
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##
|||||
|---|---|---|---|
|**10.FIXEDASSETS**
**Leasehold**
&**Freehold**
**Group FixedAssets**
**Buildings**
**£'000**
**Cost**
At 1 August 2021
55,433
Additions
6,078
Disposa ls
**At31July 2022**
**61,511**
**Depreciation**
At 1 August 2021
17,647
Chargeforthe period
1,645
Disposals
**At 31July 2022**
**19,292**
**Netbook value**
**At 31July 2022**
**42,219**
At31July 2021
**37,786**
**Fixedassetsare analysedbetween fundsasfollows:**
Endowment
41,703
General
516
**At 31July 2022**
**42,219**||**Fixtures,**
**Fittings**&
**Equipment**
**£'000**
4,920
312
**5,232**
4,027
334
**4,361**
**871**|**Total**
**£'000**
60,353
6,390|
||||**66,743**|
||||21,674
1,979|
||||**23,653**|
||||**43,090**|
|||**893**|**38,679**|
|||871
**871**|**41,703**
**1,387**|
||||**43,090**|
||||**2022**|**2021**|
|---|---|---|---|---|
||||**£'000**|**£'000**|
|Amounts contracted relatingtofuture capital expenditure at|31|July|**138**|**4,361**|
##
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##
|**TheGroup'sinvestments aresummarisedbelow: **
**GROUPANDCHARITY**
Alleyn's School Investment Fund
ShareofDulwich Schools Common InvestmentFund
Investment property|**Marketvalue**
**2022**
**2021**
**£'000**
**£'000**
16,816
16,295
16
16
2,064
2,064
----
**18,896**
**18,375**
----||**Cost**|
|---|---|---|---|
||||**2022**
**£'000**
14,628
16
2,064
**16,708**
**2021**
**£'000**
13,878
16
2,064
**15,958**|
|||||
|At 1 August
Additions
Unrealised n·et gains/(losses)
**At31July**
The investments are analysedasfollows :
Equities
**Fixedincome**
Multi-assets and Alternatives
Cash
**Total valueofinvestments**|**2022**
**£'000**
18,375
750
(229)
**18,896**
**2022**
**£'000**
11,862
782
2,622
1,550
**16,816**
**2021**
**£'000**
15,917
178
2,279
**18,375**
**2021**
**£'000**
12,736
650
2,107
802
**16,295**|
|---|---|
##
|Investmentin Alleyns's School Enterprises Limited ("ASEL")
Investment in Alleyns's School International Limited("ASIL")
On28th February 2022,ASILwas incorporated.It remained dormant for the restofthe financi~I year. TheSchoolowns the entire
of2 £1 shares.
A summarisedProfitandLossAccountforASELIsshownbelow:
**Income**
**Expenditure**
Surplus•
***_Thesurpluswillbe donated to theSchoolunder giftaid._**
The balance sheetoftheCompany is summarisedasfollows:
Fixed Assets
Current Assets
Creditors
**Net assets**|2022
£
2
2
**2021**
£
2
share capital which comprises
**2022**
**£'000**
587
(348)
**239**
**2022**
**£'000**
355
(116)
**239**
**2021**
**£'000**
170
(122)
----
**48**
**2021**
**£'000**
226
(178)
----
**48**|
|---|---|
##
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|**13.DEBTORS**
**Tuition,musicandexamfees**
**Prepayments& accruedincome **
Other debtors
ASELdebtors
Amounts owed byASEL
**GROUP**
**2022**
**£'000**
195
474
647
29
**1,345**|**CHARITY**
**2021**
**2022**
**2021**
**£'000**
**£'000**
**£'000**
32
195
32
**444**
474
**444**
659
647
659
17
117
~~-~~---
**1,152**
**1,316**
**1,252**|
|---|---|
|**14.CREDITORS • falling duewithin one year**
Bank loans
**Advancefees**
**Feedeposits**
**Tax,NationalInsuranceandpensions**
**Othercreditors**
Amounts due toASEL
Amounts dueoncapital projects
**Tradecreditorsandotheraccruals**
ASELcreditors
**15.SECUREDLOANS**FOR**LAND AND BUILDINGS**
GROUP&CHARITY
At 1 August 2021
**NewDevelopmentLoaninperiod**
At31July 2022
Fallingdueforrepayment:
**withinoneyear**
**twotofiveyears**
**thereafter**
_NotelS_
_Note 16_
_Note 16_
Land
£'000
----
----|**GROUP**
**2022**
£'000
450
647
209
805
834
210
434
116
**3,705**
**Development**
**Buildings**
£'000
2,481
1,500|**GROUP**
**2022**
£'000
450
647
209
805
834
210
434
116
**3,705**
**Development**
**Buildings**
£'000
2,481
1,500|**2021**
£'000
831
210
559
1,145
293
477
62
**3,577**
Total
£'000
**2,481**
**1,500**
**3,981**
**2021**
**£'000**
1,778
703
**2,481**|**CHARIT **
**2022**
£'000
450
647
209
805
.
834
95
210
435
**3,685**|**Y**
**2021**
£'000
831
210 ·
559
1,145
293
478
**3,516**|
|---|---|---|---|---|---|
|||**3,981**||||
|||**2022**
**£'000**
450
3,531
**3,981**||||
##
##
##
##
|16.CREDITORS•dueafteroneyear
GROUP&CHARITY
Amountsfallingdueafteroneyear
Secured Bank loans
Advance fees
Feedeposits
"Feesinadvance and feedepositsfalling dueforrepayment:
within oneyear
twotofiveyears
thereafter||**2022**
£'000
3,S31
1,070
1,695||2021
**£'000**
2,481
1,554
1,586
**5,621**|
|---|---|---|---|---|
|||**6,296**|||
|||855
1,790
976
----
**3,621**||1,041
2,420
721|
|||||**4,182**|
##
|**GROUP**
Tangible fixed assets
Investments
Investment Property
Defined BenefitPension Scheme
Dulwich Schools Common InvestmentFunds
Net other assets
Bank loan
**GROUP**
Tangible fixed assets
Investments
Investment Property
Defined Benefit Pension Scheme
DulwichSchools Common InvestmentFunds
Net other assets
Bank loan||**Endowment**
**£'000**
41,702
9,301
2,064
16
(6,823)
(3,981)
**42,279**|**Restricted**
**£'000**
7,341
237
**7,578**|**Designated**
**£'000**
174
1,365
**1,539**|**General**
**£'000**
1,388
(785)
3,803
**4,406**|**2022**
**£'000**
**43,090**
**16,816**
**2,064**
**(785)**
**16**
**(1,418)**
**(3,981)**|
|---|---|---|---|---|---|---|
|||||||**55,802**|
|||**Endowment**
**£'000**
37,262
9,404
2,064
16
(6,886)
(2,481)
**39,379**|**Restricted**
**£'000**
6,715
89
**6,804**|**Designated**
**£'000**
176
1,041
**1,217**|**General**
**£'000**
1,417
(6,430)
6,448
**1,435**|**2021**
**£'000**
**38,679**
**16,295**
**2,064**
**(6,430)**
**16**
**692**
**(2,481)**|
|||||||**48,835**|
##
##
||At 1August||||Investment|At31July|
|---|---|---|---|---|---|---|
||2021|Income|Expenditure|Transfers|Gain|**2022**|
|GROUPANOCHARITY|£'000|**£'000**|**£'000**|**£'000**|**£'000**|**£'000**|
|Alleyn'sSchoolAwardsFund|215||||(3)|**212**|
|DulwichSchools Common InvestmentFunds|16|||||**16**|
|Alleyn'sSchool ln\lestmentFund|10,540||||(93)|10,447|
|Buildings Fund|27,922|||2,941||**30,863**|
|400th Founder's Bursary Fund|686|62|||(7)|**741**|
||39,379|62||2,941|**(103)**|42,279|
||At1 August||||Investment|At31July|
||2020|Income|Expenditure|Transfers|Loss|**2021**|
|GROUPANOCHARITY|**£'000**|**£'000**|**£'000**|**£'000**|**£'000**|**£'000**|
|Alleyn'sSchoolAwardsFund|186||||29|**215**|
|OulwichSchoolsCommonInvestmentFunds|16|||||**16**|
|Alleyn'sSchoolInvestmentFund|9,348||||1,192|10,540|
|BuildingsFund|28,277|||(355)||**27,922**|
|400thFounder's Bursary Fund|529|68||(SJ|94|**686**|
||38,356|**68**||(360)|**1,315**|**39,379**|
|Movements in restricted funds during the year wereasfollows:|||||||
|---|---|---|---|---|---|---|
||At1 August||||Investment|At31July|
||2021|Income|Expenditure|Transfers|Gain|**2022**|
|GROUPAND CHARITY|**£'000**|**£'000**|**£'000**|**£'000**|**£'000**|**£'000**|
|Advancing Alleyn's Fund|991|237|(156)||(6)|**1,066**|
|Saddlers' Fund||71|{71)||||
|Peter Lammer Bursary Fund|692|20|(21)||**(8)**|**683**|
|FundsforOther Purposes(ASAF)&lncledon/Fenner Bursary|1,008|58|(21)||(15)|1,030|
|400th Founder's Bursary Fund||20|(21)||||
|ConstanceFund||767|||(SO)|717|
|Al.in Wein Fund||23|(21)|||**8**|
|COVID19Fund||19|(23)||||
|WJSmithTrust|4,070|159|(142)||(45)|4,042|
|Wave Yi-Dyer Bursary Fund|27|||||**27**|
|ZoeMorleyFund|3|||||**3**|
||**6,804**|**1,374**|**(476)**||**(124)**|7,578|
||At1 August||||Investment|At31 July|
||**2020**|Income|Expenditure|Transfers|Loss|**2021**|
|GROUPANDCHARrTY|**£'000**|**£'000**|**£'000**|**£'000**|**£'000**|**£'000**|
|Advancing Alleyn'sFund ·|852|89|(46)||96|**991**|
|Saddlers' Fund||86|(86)||||
|PeterlammerBursaryFund|596|19|(20)||97|**692**|
|FundsforOther Purposes(ASAF)&lncledon/Fenner Bursary|791|53|(14)||178|**1,008**|
|400th Founder's Bursary Fund||18|(20)||||
|AlanWein Fund||22|(20)||||
|COVID19Fund|22|25.|
(44)||||
|WJSmith Trust|3,506|120|(124)||568|**4,070**|
|WaveYi-Dyer Bursary Fund|27|||||**27**|
|ZoeMorleyFund|||||||
||**5,801**|**432**|**(374)**||**939**|6,804|
##
##
||At1 August||||Investment|At31July|
|---|---|---|---|---|---|---|
|GROUPANDCHARllY|2021|Income|Expenditure|Transfers|Gain|2022|
||**£'000**|£'000|**£'000**|£'000|**£'000**|£'000|
|A.B.Clifford Bequest|228||||(2)|231|
|EdwardAlleynFund|900|||308||1,208|
|400thFounder'sBursaryFund|89|||11||100|
||**1,217**|||319|(2)|1,539|
||**AtlAugust**||||Investment|At31July|
|GROUPANDCHARllY|**2020**|Income|Expenditure|Transfers|**Loss**|2021|
||**£'000**|**£'000**|**£'000**|**£'000**|**£'000**|**£'000**|
|A.B.CliffordBequest|198|5|||25|**228**|
|Edward Alleyn Fund|980|||(80)||**900**|
|400thFounder's Bursary Fund|66|||24||**89**|
||**1,243**|**5**||**(S6)**|**25**|1,217|
||At|1August||||Actuarial|At31July|
|---|---|---|---|---|---|---|---|
|GROUP||**2021**|Income|Expenditure|Transfers|Loss|2022|
|||**£'000**|£'000|**£'000**|**£'000**|**£'000**|£'000|
|General Fund||7,865|28,467|(27,881)|(3,260)||5,191|
|PensionFund||(6,430)||(373)||6,018|**(785)**|
|||**1,435**|**28,467**|(28,254)|(3,260)|6,018|4,406|
||At|1August||||Actuarial|At31July|
|CHARITY||2021|Income|Expenditure|Transfers|loss|2022|
|||£'000|£'000|£'000|£'000|£'000|£'000|
|General Fund||7,817|27,942|(27,547)|(3,260)||4,952|
|PensionFund||(6,430)||(373)||6,018|(785)|
|||**1,387**|27,942|(27,920)|(3,260)|6,018|4,167|
||At|1August||||Actuarial|At31July|
|GROUP||**2020**|Income|Expenditure|Transfers|**Loss**|2021|
|||**£'000**|**£'000**|£'000|**£'000**|**£'000**|**£'000**|
|GeneralFund||7,113|25,892|(25,551)|410||7,865|
|PensionFund||(7,085)||(260)||915|(6,430)|
|||29|25,892|(25,811)|**410**|915|1,435|
||At|1August||||Actuarial|At31July|
|CHARITY||2020|Income|Expenditure|Transfers|Loss|2021|
|||**£'000**|**£'000**|**£'000**|**£'000**|**£'000**|**£'000**|
|General Fund||7,039|25,797|(25,429)|410||7,817|
|PensionFund||(7,085)||(260)||915|(6,430)|
|||(46)|25,797|(25,689)|410|915|1,387|
##
##
##
##
|||**2022**|**2021**|**2020**|**2019**|**2018**|
|---|---|---|---|---|---|---|
|a)|TheamountsontheBalance Sheetsareasfollows:|£'000|**£'000**|**£'000**|**E'OO0**|**E'0OO**|
||Presentvalueoffunded obligations|14,559|19,270|18,644|16,137|14,804|
||Fair valueofplan assets|(13,774)|(12,840)|(11,559)|(11,270)|(10,348)|
||NetliabilityrecognisedInthebalancesheet|**785**|**6,430**|**7,085**|**4,867**|**4,456**|
||||||**2022**|**2021**|
|**b)**|TheamountsontheBalance Sheetsareasfollows:||||**£'000**|**£'000**|
||Opening definedbenefitobligation||||19,270|**18,644**|
||Current service cost||||483|**412**|
||Interest cost||||296|240|
||Changes in financial assumptions||||(5,223)|809|
||Change in demographic assumptions|||||(220)|
||Experience loss ondefinedbenefitobligation||||40|(300)|
||Contributions bymembers||||79|76|
||Benefits paid||||(386)|(391)|
||Closingdefinedbenefitobligation||||**14,559**|**19,270**|
||||||**2022**|**2021**|
|**c)**|TheamountsontheBalanceSheetsareasfollows:||||**£'000**|**£'000**|
||Openingfairvalueofemployer assets||||12,840|11,559|
||Interest on assets||||198|150|
||Return on assets excludinginterest||||835|1,204|
||Other actuarial loss||||||
||Administration expense||||(17)|(15)|
||Contributions by members||||79|76|
||Contributions by employer||||225|257|
||Benefits paid||||(386)|(391)|
||Closingfairvalueofplanassets||||**13,774**|**12,840**|
##
##
##
|**18. **|**PENSIONARRANGEMENTS**(continued)|||||
|---|---|---|---|---|---|
|||||**2022**|**2021**|
|d)|Analysisofamountschargedtoactivity costcategories:|||**£'000**|
£'000|
||Servicecostofdefined benefitscheme|||483|412|
||Net interest on the defined liability|||98|90|
||Administrationexpenses|||17|15|
||Employer contributions|||(22S)|(257)|
||TotalamountchargedtotheSoFA|||**373**|**260**|
|||||**2022**|**2021**|
||Changeinpension surplusdeficit)|||£'000|£'.000|
||Opening pension deficit|||16,430)|(7,085)|
||Defined Benefit pensionscheme related expenditure|||(373)|(260)|
||Remeasurementofthe (defined liability)|||6,018|915|
||Closingpension·surplus/ (deficit)|||**(785)**|**(6,430)**|
||||Shareof||Shareof|
|||**% of**|Fundvalueat|**%of**|
Fundvalue|
||||||**at**|
|||Total plan|31July2022|Total plan|31 July 2021|
|e)|Major categories of plan assets as a percentageoftotal assets:|**2022**|£'000 ,|**2021**|£'000|
||SchemeAssets|||||
||Equities|57%|7,817|56%|7,251|
||Targetreturn portfolio|_22% _|2,990|_22%_|2,828|
||Infrastructure|_11% _|1,449|**_9%_**|1,159|
||Property|_10%_|1,352|_9%_|1,092|
||Cash|_1%_|166|_4%_|510|
||Total||**13,774**||**12,840**|
|f)|TheamountsontheBalanceSheetsareas follows:|||||
||||Perannum|Perannum||
||FinancialAssumptions:||**2022**|**2021**||
||Expected returnonplanassets for the year to31July||**_8%_**|_12%_||
||Salaryincreasesuntil 31 July 2023/31 July 2022||_4%_|**_4%_**||
||Salary increases after 31July 2023/31July 2022||_4%_|**_4%_**||
||Pension increases(ConsumerPrice Index)||_3%_|_3%_||
||Discount rate||_3%_|**_2%_**||
||Mortality Assumptions:|||||
||Post retirement mortalitytables have been constructed based on ClubVita|analysis.These|base tables are then projected|||
||using the CMI 2020 Model allowingfora long-term rateofimprovementof|1.25%per annum, smoothing parameterof7.0||||
||andaninitialadditiontoimprovementsof0.5% p.a.and a 2020 weightingof25%|||||
||life expectancy from age65:||·Males|Females||
||Current pensioners||22.2|24.6||
||Future pensioners||23.1|26.3||
##
##
##
|**9.FEESSUPPORT AND AWARDS**||
|---|---|
|**Means-tested bursaries, scholarships and prizes**
Alleyn's Bursaries
Scholarships
Other financial support
**Non-means tested awards**
Academic Scholarships and other awards
**Grants, awards and prizes fundedbytheSchool**
**2022**
**£'000**
1,716
43
158
**1,917**
681
**2,598**|**2021**
**£'000**
1,877
56
167|
||**2,100**|
||609|
||**2,709**|
|**NetTuitionFees**
Net fees
FeeReduction - Means-tested
FeeReduction - Non-means-tested
**20. OPERATINGLEASECOMMITMENTS**
**2022**
**Property**
**Other**
**£'000**
**£'000**
**Fallingduefor repayment:**
within one year
62
96
twotofive years
57
21
thereafter
210
**329**
**117**|**2022**
**£'000**
27,176
(1,917)
(681)
**24,578**
**2021**
**Property**
**£'000**
71
48
**119**|**2021**
**£'000**
25,384
(2,100)
(609)|
|---|---|---|
|||**22,675**|
|||**Other**
**£'000**
81
103|
|||**184**|
##