## ## ## ## ## ## ## ||~|~|| |---|---|---|---| |Autumn 2018||41|43| |Spring 2019||45|51| |Summer 2019||48|54| ||~|~|| |Autumn2019||45|48| |Spring 2020||49|56| |Summer 2020||53|58| ||~|~|| |Autumn
2020||60|65 (Sept) 69 (Nov)| |Spring 2021||68/69|71| |Summer 2021||68/69|71| ||~|~|| |Autumn
2021||64|71| |Spring 2022||66|72| |Summer 2022||69|71| ||~|~|| |Autumn
2022||67|73| |Spring 2023||73|73| |Summer 2023||76|76| ## ## ## ## ## ## ## ## ## ## ## ## |Autumn|Safeguarding||EHCP and Annual|EHCP and Annual|Reviews| |---|---|---|---|---|---| |Spring|Powers of attorney||SaLT:Shape|coding|| |Summer|Careers and preparation|for leaving|Independence|Plus|| ## ## ## ## ## ## ## ## ## ## |o
Had an acceptance rate for offers ofemploym|o
Had an acceptance rate for offers ofemploym|o
Had an acceptance rate for offers ofemploym|o
Had an acceptance rate for offers ofemploym|ent
of100%||| |---|---|---|---|---|---|---| |o
No leavers
during
their probationary
periods.||||||| |o
An average length ofcontinuous||service|for|staff of7years||| |o
Demonstrated
a commitment|to|accommodating
flexible working
requests and part-time||||working| |options (8cases) whilst still|putting the students'
needs for continuity ofprovision||||and keyworking|| |support at the centre ofour|decision-making.|||||| |During
the academic year, the following||positions|were vacated
between 1"September||2022|and 31| |August 2023:||||||| |Assistant
Psychologist
(fixed term|contract) x2|||Our 2 Assistant
Psychologists
left as planned
at the end oftheir fixed-term
contracts.||| |Learning
Support Assistant
x 3||||LSAs —3 prornotions
or changes|of career.|| |Senior Teacher Science x 1||||Senior Teachers —3 promotions|within|the| |Senior Teacher Key Stage 3x2||||SEND field.
SaLTAssistant —end offixed term placement.||| |Speech 8 Language
Therapist x 1||||RCW- return to full-time
university|course.|| |SALT Assistant
x 1||||Vice Principal —new senior opportunity
within||| |Residential
Care Worker x 1||||a group of international
schools.||| |Vice Principal
x 1||||||| ## ## ## |Governors|||| |---|---|---|---| |Caroline Adams|||| |Peter Everett|||| |Kiran Hingorani|Chief Executive||| |Gill Manthorpe|Vice Chair||| |Rob Piner|Principal||| |Paula Protherough|Chair||| |Rachel Sands|||| |Ryan Smith|||| |Cathy Stoertz|||| |John Tasker|||| |Kirn Harman||Appointed|05/05/2023| |Wendy
Murphy||Appointed|05/05/2023| ## |s|||| |---|---|---|---| |Andrew Sears|Member of staff|Resigned|31/08/2023| |Aaron Moore|Member ofstaff|Appointed|01/06/2023| |Debbie Andrioli|Parent|Resigned|31/08/2023| |Michelle White|Parent||| |Dr Karen Nokes|Parent|Appointed|01/09/2023| ## ## ## JW3.rlifFo Park Jchno, Matters on which we are required lo report by exception In the light of the knowledge and understsnding of the charitabl8 company and 118 gnvironment obtained in the course of the audit, we have not identified materi81 misstatements in the Report of the Trustees. We have nothing lo report in respect of the following matters in relation to which the Challties (Accounts and Reports) R8gulatlDns 2008 require us lo report to you rf, in our opinion.. information givèn in the financial stalem9n15 is Inconsistent in any material respect with the trustees, report., or the charity has not kept adequats accounting words,. or the financial slalemenls are not in agreement with the accounting records and relums,. or we have not received all the information and oxplanatlons wo require lor our audit. Responsibilfti8s of Trustees As explained more fully in the Stalomenl o>f Trustee5 Responsibilities sel out on page 17, the Truslees are responsibl8 for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control a8 the Trustees determine is nece55ary lo enable the prepafalion of financial slalemènts that are free from material misslalement. whether due lo fraud or eror. In preparlng th8 financial slalemenls. the Trustees are responsible for assessing the charity s abllity lo continue as a going concem, disclosing, as applicable. maiters related to going concern and usinglhe going concern basis of accounllng unless the Trustees ailher intend to liquidate the charity orto cease operations, or have no realistic allernalive but lo do 80. Our rE5ponsibilili95 lor the audit ol the Iin8nclal sl318rnents We have been appointed as auditor undor section 144 of the Charllies Act 2011 and report in oocordanc8 with ragulalions m¥de under section 154 of that Act. Our objecllvos are lo obtain r8asonabl8 assuranc8 about whether the financial statements as a whole are free frorn material misstatement. whether due to fraud or error, and to issue an auditorfs report that includes our opinion. Reasonable assurancg is a high level ol 8ssuranc8, but is not a guaranlee that gn audit conducted in accordance with ISAS IUKI will always det8cI a mat8dal misstatemenl wlien It exists. Misstatements can arisg from fr8ud or error and are consldere¢J malerl81 If, IndSvldu8lly or In the aggregate. th&y could rea80nably be expocled lo Influence the economic decisions of u88rs taken on the basis ol th888 financlal statemonts. A further descrlpllon of our r88ponslbililies is available on the Financi81 Reporting Councll's w8b811& gt.. hllps'.Ilwww.frc.ory.uklOur-WorklAudiVAudil-dnd-assuranLelSldnddrd¥-dnd-guiddncelSlaridards-and- guidance-lor-audilor51AUdilors-responsibililies-foT-audiUDèscrfpiion-ot-audllors-r8sponsiblllI1as-1Or-audLI.dspX. This é8scription forms part of our auditor's report Use olour report Thi5 report 15 made solely lo the charlly's Iruslee5, as a body, in accordance Part 4 of the Charitle3 (Accounts and Reports) Regulations 2008. Our audit work has begn undertak8n so that W8 rnight slate to the charity'$ trustees those matters we &re required lo slate to them in an auditors. report and for no other purpose. To the fullest exlenl permitted by law, we do not accept or assume responsibility ID anyone other than the charlty and the charity's as a body. for our audI￿ork. for this report. or for th8 opinions we have fomied. LLP Oaffems LLP Islalulory Audilorsl Chartered Accountants One EaStr￿00d Binley Business Park Coventry CV3 2UB Daffgrns LLP is ellglble lo act as an 8udilor In terms of socllon 1212 of the Companies Act 2006. Dale. IS 2D2L 29 ## |||||||||Year ended|Year ended| |---|---|---|---|---|---|---|---|---|---| |||||Unrestricted|Resticted||Endowment|31.08.23|31.08.22| |||||funds|funds||fund|Total funds|Total funds| ||||Notes|I|||||| |INCOME AND ENDOWMENTS||FROM|||||||| |Charitable
activities|||||||||| |—Swaklffe Park School CIO|||3|7,064,970|248,601|||7,313,571|6,759,916| |Investment
income|||2|64,574||||64,574|37,600| |Total||||7,129,544|248,601|||7,378,145|6,797,516| |EXPENDITURE ON|||||||||| |Raising funds|||4|15,140||||15,140|9,514| |Chantable
activities|||||||||| |- Swaktl'fe
Park School CIO|||5|5,993,513|368,733||149,102|6,511,348|5,934,742| |Other||||12,286||||12,286|38,572| |Total||||6,020,939|368,733||149,102|6,538,774|5,982,828| |Net gains/(losses)
on 'nvestments||||(78,936)||||(78,936)|(102,134)| |Remeasurement
gain/(loss)
beneft pension
scheme|on darned||16|366,000||||366,000|3,967,000| |NET INCOME||||1,395,669|(120,132)||(149,102)|1,126,435|4,679,554| |Transfer between
funds|||||||||| |Net movement
h funds||||I 395669|(120|132)|(149I102)|1(126p435|4 679 554| |RECONCILIATION
OF FUNDS|||||||||| |Total fund
brought
forward||||7,128,972|120,581||3,197,173|10,446,726|5,767,172| |TOTAL FUND CARRIED FORWARD||||8,524,641||449|3,048,071|11,573,161|10,446,726| ## ## |At 31August 2023||||||| |---|---|---|---|---|---|---| ||||||Year ended|Year ended| |||Unrestricted|Resticted|Endowment|31.08.23|31.08.22| ||Notes|funds
I|fundsI|fund
f|Totalfunds
I|Total funds
f| |FIXEDASSETS||||||| |Tangble fixed assets|10|3,085,488||3,048,071|6,133,559|6,172,248| |Investments|11|1,450,259|||1I450 259|1~480g093| |Investment
property|12|753,761|||753~761|425g000| |||5,289,508||3,048,071|8,337,579|8,077,341| |CURRENT ASSETS||||||| |Debtors|13|489,972|||489,972|979,568| |Cash at bank||4,388,083|||4g388I532|3 158050| |||4,878,0SS|4-'l9||4,878,504|4,137,618| |CREDITORS||||||| |Amounts
falling due wthin one|||||(2,369,922)|(2,181,233)| |year||||||| |NET CURRENT ASSETS|||||2 508I582|lg956~385| |TOTAL ASSETSLESS
CURRENT LIABILITIES|||||10,846,161|10,033,726| |Defined benefit pension
lebilly|16|727,000|||727,000|413,000| |NET ASSETS||8,524,641|449|3,048,071|11,573,161|10,446,726| |FUNDS||||||| |Unrestricted
funds|17||||sg524 641|7 128972| |Restricted
funds|17|||||120,581| |Endowment
funds|17||||3,048,071|3,197,173| |TOTAL FUNDS|||||11I573I161|10p446 726| ## ## ||||||||Year ended|Year ended| |---|---|---|---|---|---|---|---|---| ||||||||31.08.23|31.08.22| |||||||Notes|5|5| ||fbws from operating
activities:|||||||| ||generated
from operations|||||1|2,018,509|2,199,345| |Net|cash provtled
by (used
in) operating|activities|||||2,018,509|2,199,345| ||fbws from investing
activities:|||||||| ||iase of tangible
fixed assets||||||(474,834)|(1,926,380)| ||iase offixed assets investments||||||(129,182)|(1,000,000)| ||isal offxed assets bvestments||||||80,176|| ||iase of investment
property||||||(328,761)|| ||sf tangible
fixed assets|||||||45,450| ||tment income||||||64,574|37,600| ||:ash provided
by (used
in) investing|activities|||||(788,027)|(2,843,330)| ||ge in and cash equivalents
in reporting||period||||1,230,482|(643,985)| |Cash|and cash equivalents
at the beginning||ofthe reportbg||period||3,158,050|3,802,035| |Cash|and cash equivalents
at the end of|the|reporting|period||2|4,388,532|3,158,050| ## ## ## ||||||Year|Year| |---|---|---|---|---|---|---| ||||||31.08.23|31.08.22| |Net income forthe||reporting|period (as per the statement offinancial activities)||1,126,435|4,679,553| |Adjustments|for:|||||| |Depreciation|charges||||505,910|448,470| |(Gah)/bss|on investment||||78,840|102,134| |(Profit)/loss|on disposal of fhed||assets||7,613|(28,455)| |Investment|hcome||||(64,574)|(37,600)| |Defined beneft pension
movements||||less payments|(314,000)|(3,616,999)| |Decrease/(Increase)||h debtors|||489,596|380,530| |Increase/(Decrease)||h creditors|||188,689|271,712| |Net cash
activities|provided|by/(used|in)|operating|2t0181509|2~199~345| ## ## ## ## ## ## ## ## ## ## |||||||||Year|Year| |---|---|---|---|---|---|---|---|---|---| |||||||||31.08.23|31.08.22| |||||||||6|6| ||Rent race'ved|||||||13,655|12,992| ||Investment||Poiffolio||income|||37,766|20,149| ||Interest|receivable||||||13,153|4,459| |||||||||64,574|37,600| |3.|Income from||charitable||activities||||| |||||||||Year|Year| |||||||||31.08.23|31.08.22| |||||||Actvlty||6|f| ||Local authority|||Fees||Swakiliffe|Park School CIO|6,940,881|6,535,984| ||Other Income|||||Swadlffe|Park School CIO|6,108|11,693| ||Grants|||||Swakfffe|Park School CIO|366,582|212,239| |||||||||7,313,571|6,759,916| ||Grants|received||included||in the above are as fodws:|||| ||DFE Grants|||||||366,582|212,239| ## |4.|Raising funds||||| |---|---|---|---|---|---| |||||Year|Year| |||||31.08.23|31.08.22| ||Investment|management|costs||| ||Portfoto Management|||15,140|9,514| |5.|Charitable
activities costs||||| |||||Year|Year| |||||31.08.23|31.08.22| ||Swaictffe Park School CIO|||6,511,3'l8|5,934,742| |6.|Support costs||||| |||||Year|Year| |||||31.08.23|31.08.22| ||Other resources expended|||12,286|38,572| |7.|Net income/expenditure||||| |||||Year|Year| |||||31.08.23|31.08.22| ||Auditors
remuneration|||11,770|11,000| ||Depreciation|—owned assets||505,909|4'-l8,470| ||(Surplus)/bss|on disposal of|fixed asset|8,457|28,455| ## ## ## |Staff costs||||| |---|---|---|---|---| ||||Year|Year| ||||31.08.23|31.08.22| |Wages and sabr'es|||3,268,706|2,684,090| |Social secunty costs|||330,772|308,207| |Defined contrbutbn|pension costs||293,918|261,917| |Defined benefit pension operathg||costs|175,000|399,000| ||||4,068,396|3,653,214| ||Year|Year| |---|---|---| ||31.08.23|31.08.22| |Senior Leadership||| |Teaching|38|36| ||32|33| |Admhistration|18|16| ||91|88| ||Year|Year| |---|---|---| ||31.08.23|31.08.22| |f60,001 —670,000||| |f70,001 —680,000||| |F80,001 —690,000||| |F90,001 - 6100,000||| |F100,001 - 6110,000||| |6120,001 - F130,000||| |F130,001 - 6140,000||| ## ## |gible
fixed ass|ets||||| |---|---|---|---|---|---| |||Freehold|Fktures
and|Motor|| |||property|ftthgs|Vehicles|Total| |||E|E||I| |COST|||||| |As at 31August|2022|6,267,437|2,820,534|149,417|9,237,388| |Additbns||18,001|456,833||474,834| |Disposals|||(77,263)||(77,263)| |As at 31August|2023|6I2851438|3I200 104|149417|9i634 959| |DEPRECIATION|||||| |As at 31August|2022|1,358,904|1,646,287|59,949|3,065,140| |Charge for the|year|191,387|281,273|33,250|505,910| |Eliminated
on disposal|||(69,650)||(69,650)| |As at 31August|2023|1,550,291|1,857,910|93,199|3,501,400| |NET BOOK VALUE|||||| |As at 31August|2023|4,735,147|1,342,194|56 218|6 133I559| |As at 31August|2022|41908i533|li174i247|89468|6 172 248| ## ## |11.|Fixed assets investment|Fixed assets investment|||| |---|---|---|---|---|---| ||||||Usted/unlsted| ||||||investments| ||As at 31August|2022|||1,480,093| ||Addtions||||129,182| ||Disposals||||(80,176)| ||Revabations||||(78,840)| ||As at 31August|2023|||1,450,259| ||NET BOOK VAWE||||| ||As at 31August|2023|||1,450,259| ||As at 31August|2022|||1,480,093| |12.|Investment
property||||| ||MARKET VAWE||||| ||As at 31August|2022|||425,000| ||Addbora||||328,761| ||As at 31August|2023|||753,761| ||The 'nvestment|pmperty|has been valued|by the trustees at 31August 2023.|| |13.|Debtors: amounts|Debtors: amounts|falling|due within one year||| |---|---|---|---|---|---|---| ||||||2023|2022| ||||||f|f| ||Trade debtors||||390,486|874,470| ||Prepayments|and|accrued|income|99,486|105,098| ||||||489,972|979,568| ## ||||||2023|2022| |---|---|---|---|---|---|---| ||||||6|6| |Trade creditors|||||256,645|176,155| |Social securty
and other||taxes|||78,238|73,184| |Other creditors|||||14,789|53,283| |Deferred|hcome||||2,007,218|1,850,647| |Accnued|expenses||||13,032|27,964| ||||||2,369,922|2,181,233| |Leasing|agreements|||||| |Minimum|lease payments|under non-cancellable|operating|leases fall due as follows:||| ||||||2023|2022| ||||||6|6| |Within one year|||||16,384|11,620| |Between|one and five years||||29,524|45,628| ||||||45,908|57,248| ## ## ## ## ## ## |||||||Defined
benefit pension|plan| |---|---|---|---|---|---|---|---| |||||||2023|2022| |||||||5|5| |Fair value of|plan assets|||||6,865,000|6,856,000| |Present value|of funded|obl'gations||||6,138,000|6,443,000| |Net asset||||||727,000|413,000| |||||||2023|2022| |The total cost recognised|||h the year|was as folows:|||6| |Current
service costs||||||175,000|399,000| |Net interest from defbed|||benefit hbitty|||(16,000)|55,000| |Total defhed|benefit cost||recognised|in Statements|of Financial Activities|159,000|454,000| ## ## ||||||||2023||2022| |---|---|---|---|---|---|---|---|---|---| |Changes b fab vabe of scheme|||assets||were as folbws:||6||6| |Opening fai value of schemes assets|||||||6,856,000|7,120,000|| |Interest income|||||||290,000||118,000| |Empbyers contrbutbns|||||||107,000||104,000| |Participants'
contrb utions|||||||48,000||48,000| |Estmated
benefts
paid|||||||(197,000)|(128,000)|| |Other expenses|||||||32,000||| |Return
on assets excluding||amounts||included b net interest|||(271,000)|(406,000)|| ||||||||6,865,000|6,856,000|| |Changes
h present value||ofthe|defined||benefit obigatbn|were as|2023||2022| |folbws:|||||||6||6| |Opening
defned beneft|obligatt&n||||||6,443,000|10,324,000|| |Current service cost|||||||175,000||399,000| |Interest cost|||||||274,000||173,000| |Participants'
contrbutions|||||||48,000||48,000| |Estinated
benefts
paid|||||||(197,000)|(128,000)|| |Actuarial gains/(bases)|||||||(1,297,000)|(4,359,000)|| |Changes
in fnancial assumptions|||||||18,000||18,000| |Other experience gabs|||||||674,000||(32,000)| |Changes
h demographic|assumption||||||||| ||||||||6,138,000|6,443,000|| |The remeasurements
recognised|||in Statement of Financial|||Activities are as folbws:|||| ||||||||Defined
benefit|pension|plan| ||||||||2023||2022| ||||||||6||| |Changes
in financial assumptions|||||||1,297,000||4,359,000| |Other experience
gains|||||||(18,000)||(18,000)| |Changes
h demographic|assumptions||||||(642,000)||32,000| |Return of assets excludbg||amounts||bcluded
in net interest|||(271,000)||(406,000)| ||||||||366,000||3,967,000| ## ## |The major categories of scheme assets|The major categories of scheme assets|The major categories of scheme assets|The major categories of scheme assets|as a percentage|as a percentage|ofthe total|scheme assets|are as|| |---|---|---|---|---|---|---|---|---|---| |fobws:|||||||||| |||||||||2023|2022| |||||||||72%|75%| |Bonds||||||||16%|15%| |Property||||||||10%|9%| |Cash||||||||2%|1%| |Prbcipal actuarial asumptions|||at the balance sheet date:||||||| |||||||||2023|2022| |Pension Increase||rate (CPI)||||||3.00%|3.05%| |Sabry increase|rate|||||||3.00%|3.05%| |Discount rate||||||||5.20%|4.25%| |The mortaity|assumptbns||used for bngeviy||(in years)|on ret'rement|at age 65are:||| |||||||||2023|2022| |Current
pensioners|||||||||| |- Males||||||||20.9years|22.2 years| |Females||||||||24.6years|26.1years| |Future pensioners||(assumes|members|aged|45 as at latest formalvalauation)||||| |||||||||2023|2022| |Current
pensbners|||||||||| |- Males||||||||22.6years|23.1years| |Females||||||||25.9 years|26.1years| ## ## ## |Movement
in fu|n|ds||||||||| |---|---|---|---|---|---|---|---|---|---|---| |||||||||Net|Transfers|| |||||||||movement
in|between|| ||||||||At 01.09.22|funds|funds|At 31.08.23| ||||||||6|6|6|5| |Unrestricted
funds||||||||||| |Generalfund|||||||7,128,972|1,395,669||8,524,641| |Restricted
funds||||||||||| |Capital Grant and||Mahtenance|||Grants||117,050|(117,050)||| |EFSA Grants|||||||3,531|(3,082)||| ||||||||120,581|(120,132)||| |Endowment
funds||||||||||| |Freehold
property|||||||31197~173|(149102)||3,048,071| |TOTAL FUNDS|||||||10,446,726|1,126,435||11,573,161| |Net movement|h|funds,|included|||in the above as folowsr||||| ||||||||Incoming|Resources|Gains and|Movement| ||||||||resources|expended|bsses|in funds| ||||||||6||6|6| |Unrestricted
funds||||||||||| |General fund|||||||7(129I544|(6y020g939)|287I064|1~395~669| |Restricted funds||||||||||| |Covid 19 Funding|||||||21,266|(21,266)||| |National
Tutoring||Grant|||||3,384|(3,384)||| |Teachers
Pay and Pension||||Grant|||77,786|(77,786)||| |Capital Grant and||Mahtenance|||Grants||134,916|(251,966)||(117,050)| |EFSA Fund'ng|||||||11,249|(14,331)||(3,082)| ||||||||248,601|(368,733)||(120,132)| |Endowment
funds||||||||||| |Freehotl
property||||||||(149,102)||(149,102)| |TOTAL FUNDS|||||||71378~145|(6538774)|287,064|1,126,435| ## ## ## ## ## ## ## |Analysis ofthe Statement
of Financial
Activities
for the year ended 3|Analysis ofthe Statement
of Financial
Activities
for the year ended 3|Analysis ofthe Statement
of Financial
Activities
for the year ended 3|Analysis ofthe Statement
of Financial
Activities
for the year ended 3|Analysis ofthe Statement
of Financial
Activities
for the year ended 3|Analysis ofthe Statement
of Financial
Activities
for the year ended 3|1August 20|22 by fund typ|e| |---|---|---|---|---|---|---|---|---| |The 2023 statement
ofFinancial Activity only shows the 2022 comparative||||||data in total.|The statement|below shows| |the 2022 comparative|date|by fund as well.||||||| |||||Unrestricted|Resticted||Endowment|Total funds| |||||funds||funds|fund|| |||||6||E|I|| |INCOME AND ENDOWMENTS|||FROM|||||| |Donations
and legacbs||||||||| |Chartabb
actkirties||||||||| |Swaklffe
Park School CIO||||61535y984||223 932||6,759,916| |Investment
income||||37,600||||37,600| |Total||||6,573,584||223,932||6,797,516| |EXPENDITURE ON||||||||| |Raisbg funds||||9,514||||9,514| |Charitabb
activities||||||||| |Swakiffe
Park School CIO||||5,589,425||196,216|149,101|5,934,742| |Other||||38,572||||38,572| |Total||||5~637~511||196216|149I101|5)9821828| |Net gahs/(bsses)
on investments||||(102,134)||||(102,134)| |Remeasurement
gain/(bss)
benefit pensbn
scheme||on defined||3,967,000||||3,967,000| |NET INCOME||||4800I939||27 716|(149101)|4~679~554| |Transfer
between
funds||||||||| |Net movement
in funds||||4 800 939||27 716|(149~101)|4g679~554| |RECONCIIIATION
OF FUNDS||||||||| |Total fund
brought
forward||||2 328 033||92I865|3~346~274|5767 172| |TOTAL FUND CARRIED|FORWARD|||7~128~972||120 581|3 197~173|10446 726| ## ## ##