ST. JOSEPH'S SPECIALIST TRUST REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 rJ%epkn s Specia/ist2 Christ in Our Lives No Limits ... just Possibilities Registered Charity Number 1177680 ST. JOSEPH'S SPECIALIST TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 CONTENTS P*ge Trustee5 and Advisers Executive Principal's Annual Review Tnjslees. Report 5- 12 Independent Auditors. report 13-15 Statement of financial activities 16 Balance sheet 17 Statemenl of cash flows 18 Notes to the financial statements 19-25 ST. JOSEPH'S SPECIALIST TRUST TRUSTEES AND ADVISERS FOR THE YEAR EI¥DED 31 AUGUST 2024 THE TRUST BOARD Trustees Dominic John Gorton, Chair of Trusl¢cs Fr. Jonathan Michael How, Vice Chair of Trustees Richard Boyle Martin Hill (appointed 23 May 2024) Kathryn Sarama (resigned 14 May 2024) Simon Cliarleton (resigned 24 October 2024) Governors Richard Boyle, Chair of Governors Melissa Longmire. Foundation Governor Tim 0'D￿er. Govcmor Leonie Collingwood-johnson, L￿8] Authority Governor Monica Whitehead, Foundaiion Governor Annie Sutton, Executive Principal Simon Jaggard. Hcad T¢acher & Director of Education Maria Gavrili (resi8ned 31 August 2024) Jean Keane. Governor (resigned 31 D¢cember 2024) Registered charity nllmber 1177680 Registered Office Amlets LAn¢, Cranleigh, Surrey, GU6 7DH Website ww.st-josephscranl¢igh.surrey.sch.uk Bankers: HSBC UK Bank plc I Centenary. Square Binllingham BI IHQ Barclays Bank plc I Churchill Place London E14 5HP Auditor Crowe U.K. LLP R+ Building 2 Blagrave Strcet Reading, Berkshire RGI IAZ ST. JOSEPH'S SPECIALIST TRUST EXECUTIVE PRINCIPAL'S ANNUAL REVIEW FOR THE YEAR ENDED 31 AUGUST 2024 No limits... ..jusipossihiliiies" is the mission statement of St Joseph's seen every day in our caring community where actiotts speak louder ihan words. This )'ear, our communtly of approximat¢lv 219 staff have supp)rted 69 young people from the age of 5 - 19 &nd 13 adults with complex and severe learnin8 disabilities, Jnany of whom are on the autisli¢ spectnjm, and haN'e oih¢r asso¢iaied diffi¢uliies. We ar¢ trusted by Local Authoriri¢s, not JU￿ locally bui also nationally. to provid¢ ¢du¢ation and care for some of the most challenging young people ￿.￿0 have reached a point of complexity and often of crisis, whereby they can no longer be Slipportcd safel). or adequatel>' within mainstream settings. We provide fully committed care supported by exceptional expertise and experience in this complex and often physically and emotionally challenging field. To uphold the Irust placed in us by Local Authorities. ￿¢ continue to provide a financially secure and stable environmcnt. We invest all surplus funds into securing and cnsuring the continued dcvelopmetit and support of our beneficiaries. We are fully focused on the pursuit ofsccuring for our young people a stabl¢ future quality. of life that repffsents the highest levels of personal autonomy. s¢lf-r¢spect arkd contentmeni as is possible for each individual. We are a Catholic provision with Christian principles al our core. welcoming students. residents and staff of all faiths and of none. W¢ are blessed lo know that we can count on such guidance, on His wishes and to follow the wisdom that He has ￿IShed for us all. This year has been ¢hallenging, not uniquely to our setting, but by withstanding the cost-of-lii'ing crisis and national shortages of 5killcd staff. St Joseph's has been unswerving in its dedication to th¢ Children and adulis ￿¢￿'¢r ompromising their needs. We have continued to work ￿'1th a wider community of family. guardians and providers. Otk¢e more this year we have sought to improTr'e and cxcel in our specialist provision for students. Ofsted inspe¢iions in both Ediicalion and Care support our specialisi provision and, in their observations. th¢y highlight; Having a ri¢h cutTicuIuTn ihat is sharpl), focused on meeting pupils, needs and aspiralions. Pupils. learning and wider deN'elopm¢nt is catered for cxtrcmelv well. Teaching and closely ￿.￿rkIng witl) thcrapi515 is sharply attuned to pupils, learning and developm¢nl n¢eds and is even more strongly r(x)led in a holistic understanding of pupils, pro8ress and leaming needs. This supports outstanding progress over time. S There is a h¢igl)tened focu5 On preparing pupils for adulthood increasing and broadening pupils, opportunities to experience the M'orld of work. The school provides a rich range of opportuniti¢s for all pupils which is highly bespoke to each pupil's interesls and aspirations. Link5 With colleges atid local emplo)'¢rs Mre utilised very effcctivel),. SafeguMrdin8 arrangements are fit for purpose and r¢cords are of high quality. There is clear e￿ idence that the children who li￿¢ in Olir Children s Flome ar¢ achieving life-changing outcomes. Staff dot)'t let their children's needs slow them down. Ihey ensure that children are able to grow and learn in a fun environmenl and are supported io spend tim¢ in the community. participating in activilies and ¢reating special memori¢s, building their confidence 8nd independencc. Staff are fond of the children knoiving their likes and dislikes well and with such a personal investtnent this has helped childr¢n ¢gmmuni¢aie when oncc they. could not. to undertake simpl¢ chores even at their home. Managers and staff seek children s vieiys and incorpora¢¢ these inl0 their care planning so their voice is ei'ident and undcrslood by all working w'ith them. Senior managers in Children's Homes support ¢areful planning for children s futures and c105ely link with Adult Supported Living to assess and provide the best opportunilies. We continue to itivest significantly in plans to provide improvements in facilities. St Joseph's Specialist Trust is a happy and caring pla¢¢. ST. JOSEPH'S SPECIALIST TRUST EXECUTIVE PRINCIPAL'S ANNUAL REVIEW FOR THE YEAR ENDED 31 AUGUST 2024 The educational highlights of the year include several notable Mchiek'ements and initiatives.. Th¢ progress made bs. St. Joseph's and its Students in academic. social, and emotional development. Retaining the pr¢stigious Gold Award. being named overall winner of Guildford in Bloom Schools Caiegory. + The partnership with The Forge on The Green Café in Shamley Green which sclcctcd one of our students to participate in their B8riSta-supported intemship pilot as part of the Forging Futures charity initiativc. •• Ong(iing support for Teaching Assistants (I'AS) transitioning to Tea¢h¢rs, w'ith successful completion of Initial Teacher Training IifF) and Earl), Career Fra￿c￿.0rk (ECF) programs this year and plans to include Qualified Teacher Learning and Skills (QTLS) alongsidc Irr and ECF next )'car. • The Creative Arts program reaffirtned Si. Joseph's Art Mark Gold Award, which recognises excellen¢e in arts education and Commitment to integrating creative arts into the ¢urriculum. Additionally. the program benefited from active support from the Cranleigh Lions, a local charitable organi5ation kno￿￿ for its contributions to community development and support for educational initiaiives. • Educational leadership demonstrated flexibility by absorbing the responsibilities of the tkputy H¢&d role for half the academic }'ear. Achicving recognition as an Oscar Romero Accr¢dited School, a status thai celebrates a comtnitment to social justice, inclusivity, and Catholic valu¢s within education. This was complemented by the School Ch&pl&in attaining status as a Catholic Schools Inspector (CSI). %• As an Autism Education Trust (AETI license holder for Surrey. the school has made significanl progress by devcloping spccialised training progratns and iniliating outreach activities. In the coming years, senior leaders are s¢1 to gain hands-on experience as consuliants, further enhancing their expertise in supporting students with autism. EnrichinD staff induction and continuous profesgion&l development (CPD) with AET-certified training. Deepening understanding of autism through the Anna Freud NationAI Centre for Children And Families Leader Training Programm¢, N,hich focuses on promoting menial health and cmotional well-being in children and families. as well as advancing the e.%p¢rtise of educatiotE professionals. Thc Ileadteacher s ongoing conlributions as a Naiional Association of Independent Schools and Non- Maintaincd Spe¢ial Schools {NASS) Schwl Improvement Par￿er. The sterling work and commitment by the Adult Supported Living statT in th¢ )'ear have led io residcnts ￿.hO us¢ thc service and their relatives, ￿,hO speak highly of the s¢rvice, feeling that the) ore supported in a kind and ¢aring ￿'&y. Residents with individual goals arc abl¢ to live independeni lives W'lth m&ximum control that in¢lud¢s dignity. privacy and respect for human riglits. AboN'e all, the right culture. etlios, valu¢s, attitudes and b¢haviours of leaders and care staff ensure residents lead Confident. inclusi￿e and empowered lives. In addition, St Joseph's has alM'ay5 ¢nsur¢d that Adult Supwrted Living a¢commixlation. whieh is situated in residential area& has no ouh4.ard signs ￿ differentiaie it from other houses in the stiY¢L so that the rcsidcnts ar¢ abl¢ to k a FArt ofthe ¢ommunity. Our unique Setting for children is in a 23-acre site situaied on the outskirts of Cranlei8h nestled in the scenic Surrey Hills. Cranleigh 15 England's largest village, providing not only a supportive community. bul &lso many. vibrant opportunilies for the childrcn and adults in OLir care. being just on our doorstep, we are most fortunate to benefit fro its paironage in man). Th'ays. The site is SU￿Ou￿ded th'ith fields, woodland. local flora and fauna. A world that offcrs grace and guidance. a time for insight, renewal and healing, to listen and learn, and surmount the challenges the young people and adulis facc daily. Su¢h high standards highlight our greatest asset, our dedicated and committ¢d stsff who directl). contribul¢ iowards the overall wellbeing. future happiness and quality of life of our young people and vulnerable adults. In turn, this also impacts directly on the quality of lifc the happiness of siblings and family members. They do so b). collectively providing innovative leadership, i¢aching in classes, therapeutic support. safeguarding And protecling. being custodians of care in our children's home and having vital support staff who, together with all statT ensure that St Joseph's runs successfully and smoothly. As a 52-w'e¢k, 24~hour. 7 da). a w¢ek organisation, St Joseph's never reallv sleeps or stops. ST. JOSEPH'S SPECIALIST TRUST EXEciFr￿E PRINCIPAL'S ANNUAL REVIEW FOR THE YEAR ENDED 31 AUGUST 2024 The current residential Children'5 HoTne5 have been updated to a very high level of comfort. practicality artd homeliness. We also intend to relocate th¢ education facilit1¢5 contained in the building refetTed to As a 'School' into the main College Building to enable us to safely remove this a8eing and c051 inefficient asset with ihe plan to replace with a purp05¢ built. high etTici¢ncy provision that will fully meet the needs of our Explorers Pathway sludents. Mindful of our duiies towards the prudent use of public funds, we continue to provide a highl>. Specialist provision thai represcnts excellent value for our Local Authority Placement Partners. The provision at St Joseph's continu¢s to produce tangible and Tneasurable resulis that support life changing improvements for Ihe quality. of life and prospecis for independencc lo the exlremcly Challenging and complex ￿'Oung people that we support regionally. The benefits of a pl￿eMent at Si Joseph's extends further bcyond the significant impart on the young person who attends St Joseph's, and the opportunities to access education ¢ffe¢iively and better-qualiry family life are seen in siblings. as i*cII a5 affording parents the opportunity 10 relum to emplo)rynent and embr&ce a new, safer and fulfilling family life. St Joseph's strives every day to make positive futures from despair, conjuring happiness from sadness. creating the b¢sl possible quality of life right now for everyone at St Joseph's and providitkg a lasting legacy of hope and security for the lives of the students. Ihe supported adults and their families. As we go forward inl0 the unknown elements of 2024-25, the support, love and Compassion of our community is a given, the impossible becomes possible. There are "no limilS......jusIpos5ibilities" Annie Sutton Executive Principal ST. JOSEPH'S SPECIALIST TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2024 The Trustees present th¢ir annual Trust¢cs' Report for the year end¢d 31 August 2024. together with the audited financial statements. About the Trust Si Joseph's Speciali51 Trust comprises a non-maintaine& ¢o-¢du¢ational school I college and registered children's home for students aged 5-19 with Autism Spe¢irum Disorder (ASD) & compl¢x needs and sUPPOrt¢d living accommodalion houses for vulnerable adults. St. Joseph's ￿aS originally founded by the Si5t¢rs of th¢ Sacred Hearts of Jesus and Mary and. whilst a Catholic s¢tting, welcomes those of all denomination5 or none. At the heart of St Joseph's, and reflecting its Catholic foundation. is a commitment to furthering the Coming of God's kingdom through cnsuring that )'oung people w'ith ASD and complex learning needs are enabled to grow as children of God and m¢mbers of thc human family and to share as fully as possible in its life. Si Joseph's welcomes all those, like its staff, supporters, residents, students and their famili¢s all ihose who 5har¢ ihis &im, irrespecliye of th¢ir own faiih or bcliefs. Established as an indcpcnd¢nl Charitable Incorporated Organis&tion (CIO) on 1° Sept¢mber 2018. the assets and liabilities of St Joseph's Specialist School and College, an operation of the Diocese of Arundcl and Brighton, were transferred to the Trust from the Diocese und¢r a 999-year lease with peppercorn rent. Objeetives and Activities The objects of the CIO are for the public benefi( and ar¢ given in its constiiuiion as.. (a) the advancement of the Roman Catholic religion: and. in accordance with th¢ t¢nets, teaching and praclices of the Roman Catholi¢ religion.. {b) the advancement of education and training.. dnd (¢) the provision of residential accommodalion and support to those in need, This is achieved, particularly bul not exclusively within Surrey and Sussex by: {a) the managemcnt, maintenance and d¢￿e10pment of St. Joseph's Spc¢i7&list Sch(K)l and College for children atid young people with complex learning and behavioural ditTi¢ulti¢g and ancillary charitable aclii ities- and {b) the proi'i5ion of residential a¢commodation to children and young people, and supported housing to adults, b)th of these with ¢omplex learning and behavioural difficulties. The Si Joseph's campus sits on the fornier Wyphurst Estate in the Surrey Hills. The main house, surrounding buildings, some hislorical, some purpose developed. provide the secure and tranquil setting for some of the most complex and ¢hallenging young people in the UK allowing ihcm to b¢n¢fit from highly 5pecialisl education. cttre and therapy. St Joseph's School and College St Joseph's School and College offers a fully integrated approach that enables it to meet the needs of )'oung people with ¢omplex learning needs. %¥ho additionall), haN'e often expcricn¢¢d crisis. rejeclion or exclusion leading lo a fear of school. Learning and teaching ai St Joseph's is fully int¢graied w ith a broad rdnge of therapi¢s and opportunitlCS, including speech and language thernpy, occupational therapy, art. drama and music therapies, an arts centre ￿'1(h artist in residen¢e, s]x)rts farilities, a swimming pool. honiculture prol'ision, outdoor classrooms, a natuff reserve and enterprise ventures in¢luding a student run ¢af¢. Ea¢h of the small classes is tun by a trio of ieacher, o¢¢upational therapist plus 8 speech and language therapist supported by a team of teaching assistants and designated therapy assistants who work to remove the obstacles to learning. which traditional educational approa¢hes have failed to achieve. Mental h¢alth and well-being are supported through daily therapy led group sessions. The availability of a clinical psvchologist and a psychiatrist in-house gives studen15 fast and effective access to Child and Adolescenl Mental Health Services ICAMHS) as required. ST. JOSEPH'S SPECIALIST TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2024 St Joseph's School and College continued In pla¢¢ of the usual Key Stages. studenis at St Joseph's follow onc of three educational pathways.. Advcnturer Paihw&y.' for students identified as having the ability and disposition to follow a tllore academic roul¢ thmugh th¢ s¢hool, who on IcaTr'ing St Joseph""s are likely to go inio Further Education and then cmpl0￿'ment. Although the acad¢mi¢ side of the Adventurcr Pathway is important. there is also an equall). important emphasls n developing so¢ial and life skills. and internal and external work experience placements ai an appropriate age. Discoverer Pathway.. enables 5tudcnts to follow a curriculum that prcparc5 them for a future that is likcl>' to be in a specialist residential Further Education college. or in supported livin& wilh part-t1￿C working and as great a degree of autonomy as possible being lotkg-tem) goals. Explorer Pathway.. nurturc5 Students characterised as having higher leN'els of depcndenc). in the areas of comtnunication. social interaction and relationships, flexibility of thought {aGtiviti¢s and interests) and sensory i55UCs. They may have high levels ofneed in personal care and health. It is anticipated that students in this Pathway will continue to require high levels of support into adult life and that some will continu¢ to be non-verbal. relying on augmentative and alt¢mative commuEkication systems. Th¢ cutriculum for these 5tud¢nts aims to develop their communication and independence. St Joseph's engages in rescarch through the National SENCO Award with research assignments being ca￿Led out by the path￿'aY Leaders. The Director ofcarc is currcntly engaged in a research project exploring tlie impacl of transitions for young people with complex needs and ASD in the residential care setting. Children's Home St Joseph's Specialisi Trust is registered with Ofsted as a Children's Homc. There are 4 homes that encouragc and support young people to maximise their full potential. Young people have ihe benefit of the ￿'akIng da). currlCLilum %¥here thcy develop and achieve in many aspects of their li￿eS and maximise k¢J' skills towards independent living. They can S￿nd time pursuing th¢ir varioLlS hobbie5 and interesis whilst achieving their obje¢tives within their Educational Health and Care Plan (EHCP). Staff encourage and support >'oung people in all areas of independence and the deNelopment of skills to enable interaclion out in th¢ community. The link5 lo educaiion and therapies ensure a cohesive and ¢onsistent approach in all areas of their home. Adult Supported Living Supported Living for vulnerable adults is provided at SpriRgvale. This was opened as an adult supported living in 2012. Sianding on the cdg¢ of Cranleigh village, it ¢nabl¢s tenants to be a part of the lo¢al community with the social and training opportuniiies, retail and leisurc facilities this offers. St Joseph s is al the heart of ihc Cranleigh community. Goodwill toi%ards the operaiion has attracted local patronaoe for various ventures. Si Joseph's w'orks hard to continue to attract die significant donations necessary for the continuation and improvement of its aims. The Tnisi had restructured Aduli Supported Living anpng¢ments in 2023124, following a review of the costs incurred, and has t¢miinat¢d the provision of 5¢rvices at Long Barn in Oclober 2023. Acbievement gnd Performanee In ?023124 St Josepli's provided quality education to 69 children and young people {2023: 73), and supported living for 13 adults (2023: 13)- Student progress is monitored using CASPA (Comparison and Analysis of Special Pupil Attainment) scores. Considering overall progress against expectations, of a cohort of 69 students in KSI-5'. 7 stLidents cxc¢¢ded e.¥pectations. 59 students tnet e.xpectations. 3 students werc cause for concern The data further suggests thai many students make significant progress alx)ve previous ¢xpe¢tations wh¢n they move into the St Joseph's settittg. ST. JOSEPH'S SPECIALIST TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2024 Achievement and Performance (continued) This proNision is highly rated. The School and College was given overall grade I for effectiveness by the inspectors of the Catholic Schools Inspeclorate in December 2019 and then confirnied. in March ?020 and October 2022. by inspections from West Susscx Local Authority and Surrey Local Authority rcsp¢ciivel)', on behaifof the CCiiAG, joint commissioning group of local authoriti¢s. In February 2023 OFSTED maintained th¢ir assessment that the education provision is Outstanding in all areas. The Care Qualifv Commission ICQC) inspect adult supported living provision. The last report on Springvale was following an inspe¢lion in January. 2022 and which asscsscd -"Good" across all aspe¢ts of provision. The CQC reviewed the inforn)ation to date in July 2023 and ¢onfirnied that the servic¢ p¢rforn)ed well and met th¢ cAp¢¢talions. In June 2023, Ofsted Care confirn)ed the Trust provides effective care services that meet the requirements for Good. FiDanci41 Review lTh¢ Trust gcn¢rated a surplus £172.07] for the year (2023.. £299,270). The Trnst's work with Children and Young People generated a loss of £132.90] (2023: a surplus of £95,638). Adult supported living generated a surplus of £233,181 (2023.. £?03,63?). Key Perfomance Indicator5 show a net surplus margin of 1.560/0. working capilal of £3.15m and a Current ratio of approximately 6-1. This refle¢is the reserves policy established b). the I rustees as set out below. The principal Source of income this >'ear has been the fees and bursaries received from Lo¢al Authorities and the Education and Skills Funding Ageney. to secure an appropriate and effective education and care that meets the significant additional needs of the children who are placed at St Joseph's. The largest part of this relates to the funding provid¢d by Local Authoritie5. Despite a lengthy i¥aiting list of pot¢ntial applicants. the Trusi is unable to increas¢ intake to capacity because of severe staff recruitment ¢hallenges experien¢¢d across the sector. The Trust makes use of coniracior/agency staff to rill some gaps biit the costs of these remain significant and &ccount for 50Tnc of the underlying volatility in o¥'¢r811 staffing costs. The Trus1 has measures in plac¢ to allei'iate this position and to r¢tain directly employed slafT. The Trust continues to apply robust cost controls to 8eneral overheads ai th¢ point of planning as well as deliv¢ry. Capitsl expenditure in the year has be¢n spent on improving f&eilities principally on accommodalion for children in care as part of a loRg-temi strategy to ensiire that higher standards arc mct. The Tnjst retains the use of th¢ land atid premises at the school and college and at Springkale for a pep¥Kr¢om rent for a period of 999 }ears donated by the RC Diocese of Arundel & Brighton in 2018. All funds raised in connection with operating activities are solely expended for the bencfit of the Trust and its beneficiaries who are the Children & Young People and adults in Supported Living. Reserves policy The Trustees recognise the need for the Trusi to maintain Su￿1(1¢nt reserves to: prol'ide for future maintettance and de￿elopment of the infrastructure. proN'id¢ for managcd Closure, possibly without mu¢h income but with a responsibility to ensure the wellbeing of its children, young people and adults. provide for variations of cash flow; ¢over its duties for stsff pcnsions, liabilities. iv. The Trnstees have establish¢d an initial target for free reserves. in net curr¢nl assets, of 6 months operating costs. They plan to build this up over the cotning )'ears by generdting a small operdting surplus whil¢ meeting iheir duties to provide Valu¢ for Money for public funds. At year end free reserves stand at £3,136:232 (2023.. £3.209,052) against a target of £5.5 million. At 31. August 2024 the Trust has a restricted fund of £14,741 (2023.. £7.966) in relation to general donations. ST. JOSEPH'S SPECIALIST TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2024 Future Plans Cafe "Caritas", from Latin "charity" or.love for all" has opened its doors in th¢ Work Skills & Enterprise Centre. The café provides lunches served by studcnts to staff members. entailing an integral part of a pro￿a￿ designed to develop esscntial work-life skills. li is planned for the Work Skills & Enterprise Centre to also serve as an outreach amenity for the local community. The Trust is ¢x¢it¢d to announce that the reconstruction of th¢ swimming pool, M"hi¢h sustained damage from a fire in 2022. has been completed and is now ready to provide valuable services to thc students. Plans are in place, subject to plac¢ment in 2025126 to extend the Adult Supported Living accommodation to include the Lodge which currently scrve5 as a Children s Homc. li is expected to house three residents w'ho are Currently College students ai St Joseph's. Plans are undeN8y to enhance the educational facilities within the main building, transforniing it into a dedicated space exclusively for school and college activiti¢s. This iniliative seeks to replace the deterioraling school building, which demands substantial financial investsn¢nl to ensure a safe and healthy learning environTnent for the students. The p8St few ycars, with respectto th¢ quality of education, hav¢ been spent focusing on driving the quality oftea¢hing delivery and developing the pathway cu￿lCUlum. Through this. Ns'e havc seen a significant drop in negative pupil b¢haviour as an indicator of improved engagement, alongside other initiatives such as mor¢ ongoing and developJnental Behaviour Support training for all staff and improved induction of new statT. We are now turning our heads to￿.ardS the Cogniti￿¢ Science, w'hich undcrpins the curriculum. the re￿ilt10n &nd spacing of infomation io oplimise on the long-iem? retention of knowledge and developJn¢nt of skills. B>. lengtli¢ning the time between r¢¢alling inforniation, a student will improve their lon8-terni memory and hop¢full}' their understanding. T¢ach¢rs ar¢ also using evidence-based practice to support existing processes and ¢.xplain wliy usc certain ASD friendly approache5, *.hich provid¢ them with both ihe credibility and the confidence in developing their practice. SlrM¢ture, Governance Man22emeDt The Board of Ttijstees was ortginally appoi¥2ted on the date of incorporation (?3 March 2018). The Board of Goi'ernors of the School and Coll¢ge became a sub-committ¢¢ of the Trust (Education Governing ComJnitteeJ, supporting the Trustees in the governance of the ￿U¢#110naI activities ofthe school and college. Members of the Education Governing Committee ar¢ still known as govemors, tliough the ustsal r¢s]x)nsibilities ofa Governing Board now sit with thc Board of Trustees. Th¢ current Trustees and Gowernors are listed on page l. The Board of Trusiees, as the accountable Ix)dy for the major dccisions ofst Joseph's. cnsures ¢larit)' of vision. ethos and strdtegic direction. it holds the executive leaders to account for the pcrfomiance of the organisation and its management, and oversees the financial pcrforniance of the charity.. The Board meets at least four limes a y'ear. Day to da). manageinent of the charity is dclegated to the Executive Principal who reports regularly to the Board of Trustees on the progress of key tnattcrs. The Board of Trust¢es has delegated to the Education Governing Committee, resFK)nsibility for overseeing ihe management of the Sch(K)l and Coll¢ge including policies, statTing and use of resour¢es. The Govemance arrang¢ments forthe School and College fall under the Non-maintained Special School R¢8ulalions and mirror school governan¢¢ within the Local Authority maintained s¢ctor. ST. JOSEPH'S SPECIALIST TRUST TRUSTEES, REPORT FOR THK YEAR ENDED 31 AUGUST 2024 Structure. Goverllallee and Management (continued) The Constitution provides for up to eleven Tru5t¢es. Eight apw)inted by members of the CIO. two by the Diocese of Arundel and Brighton and one by the Bishop of Arundel and Brighton. The ¢onseni of both the Trustees and the Bishop of Arund¢l and Brighton is needed to amend the objects of thc Trust. The Trustees have taken steps to ensure that they have the breadth and depth of experience and understanding to carry out th¢ir duties effectivcly and efficiently particularly as regards education, SEND, care and therapy. financial, audii and legal, hcalth and safety, HR and retnuneration. The recruitment of suitable and available indivtduals remains a ¢hall¢nge in common with many charities. Ne￿. I'rustees receiv¢ an introduction io the work of the Trust from the Core Senior Leadership Team. Trustee training is accessed through Strictly 4 Education and other training services. Most Trustees bring significant skills from oth¢r settings. The Trustees and the Governors understand their roles in relation to equalit), and diversity, and comply with legislative requirements in¢luding those relating to disability, safeguarding, and hedlth and Safety. MaDagemetyt The operational managem¢nt of the Trust ig delegated to its Core Scnior Leadership Team. which ¢ompris¢s'. Annie Sutton ExecutiN'e Principal Alan Day Dir¢¢tor R¢sidential Care Cedric de Souza Dir¢¢tor of Fiiiancc EIizp&beth Hurst Director of Business Simon Jaggard Director of Education (Head Teacher) Adrian Max¢y Dir¢¢tor of Estate5 & Facilities Karen Mav Director of Th¢rapies Elizabeth Sanders Director of Huinan Resources Ejnployee involvement St Joscph's polic> is to work collaboratively with employecs on matters likely to aftect employees, interests through organised forums such as the anonymous"Ask the Boss" online facility and regular staff updates via weekly nicetings and email circulars. Each half lem] w'elcomes all staff with an update on the curr¢ni state of afTairs led by the ExeCuti￿e Principal and supportcd b). all Core and Senior Leaders. I'his may be infortnalion regarding tnatters of p¢rsonal. local or national concern.. we geek to achievc a common awareness on matters relating to strategic, operalional and financial factors affecting St Joseph's p¢rforn)ance. In matters that significantly change poli¢ies or ternis. full and cxtcnsivc consultation processes arc followed. to ensure that all siaff are able lo offer their opinions, suggeslions and ¢oncerns. There is sound el'idencc ihat demonstrates that th¢ consultstion process at the Trusl takes this on board and has adapted ne￿. proposals in line with suggestions offered by the wider staff. In some cases NN.her¢ there heve been significant concerns raised by slaff. new iniiiatives or changes huve b¢en abandoned. There is sound evidence that thc F.x¢culiv¢ Principal Icads the Core Senior Leadership Team and M'ider management tram in giving serious consideration to all staff queries and gives tyspectful and full ¢ompr¢hensive feedback to staff. Equality aDd Diversity Si Joseph'5 has a robust Fquality Policy and Safer Recruitment process and is committed to ensuring equality of education. care and opportunity. for students, residents and staff irrespective of rdce. gender, faiih. sexuality, disability, or socio-economic background. We oim to encourage in¢lusion and diversity in which all those connecled to the Trust feel ¢qually valued and are abl¢ to participate fully. ST. JOSEPH'S SPECIALIST TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2024 Gender P*y Gap In 2024, our strong, diverse and engaged network of 219 employees indicates a pay gap of 30/• in favour of the male gender based on an hourly rate of pay. Further analysis is as follows: Gender Staff sta￿/ts RatelHour Male F¢male 77 142 350/ 65/0 16.68 16.13 The proportions of male 8nd f¢male employees in respective pay band5 are As follows.. Quartile Female M81¢ Lower Lower Middle Middle Upper 33.30/0 33.30/0 66.70/0 The Core Senior Leadership Team is ¢omprised of 4 males and 4 females, with a pay gap of 50/0 in favour ofthe female gender and it is to be noted that this includes the Executive Principal of the organisation who is of the female gender. Our strategy is to continue to create a Culture of inclusion and dcvelopment for everyone and we will continue to shape a more diverse and in¢lusive culture at ihe Trust. Pupil Data The sehool participates in the Department for Education (DfE) annual census in January each year. The school reported the follow'ing pupil numbers= Key Stage Pupils ofii,liich 2024 Boardin8 Boarders Key Stage ofii'hich 2023 Boarding Boarders Pupils Weekl>. Tcmjly 52 week KS I KS2 KS3 KS4 KS5 Total W¢eklv Ternily 52 week KS2 KS3 KS4 KS5 Total 13 23 18 19 73 21 16 22 69 10 16 Supported Living Tenancies at August 2024.. Springvale- 7 tenancies (2023: 7 tenancies), Long Barn.. O ienan¢ies {20?3.. 6 tenancies). Admissions and Funding Adinis8ions criteria for the school and college require potential students to have an Education, Health and Care Plan thal specifies a disability. R¢sidential placements are only available to students either alr¢ady in or taking up an academic placement. Adults accessing SUPFK)rted living ac¢ommodation musl initially meet assessment criteria of Local Authority Adult S(xial Care or Continuing Health Care in order to apply for the provision. St Joseph's specialises in provision designed to meet the needs of those with complex and significant learning ditTiculties. All education, care and adult supported living services are full). funded by public bodies. 1.he majority of stud¢ntS are placed and funded by Local Authorities and tenants are charged rent capped at Housin8 Benefit maximum. 10 ST. JOSEPH'S SPECIALIST TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2024 Fundraising The Trust does not engage any third-party fundraisers, the fundraising team ensure that all reasonable steps arc taken to prolect vulnerable people from inappropriate or unw"¢l¢om¢d fundraising approaches. The Trusi has not received any complaints about any aspect of its fundraisin8. The Trust registcrcd ￿1th the Fundraising Rcgulator and folloM' the Code of Fundraising Practice which sets out the responsibilities that appl> to fundraising carried out by charitable institutions in the UK. Our donors take us above and beyond the core funding we receive from l.ocal Auihorities and enablc us to providc new facilities and equipment for the young people at the Trust. This would not be possible ￿'IthoU1 the support of so many organisations thai have helped the Trust to secure the futtds it needs to address our ambition for the children and youn8 peopl¢ we serve. Complianee witb Charity Commission Guidance and Public Benefit The Trustees have paid due regard to guidan¢¢ issued by. the Charity Commission in deciding what a¢liviiies the charity should undertake. The Trustees ha￿e considered the question of public benefit and are satisfied ihat the Charily's activiii¢s are as defin¢d by chariti, law and Charity. Commission regulations. St. Joseph's is a rn¢mber of the National Association of Indepcnd¢ni Schools & Non-Mainlain¢d Special S¢hools (NASS) a meTnbership organisaiion working ￿'1th and for special schools in the indcp¢ndenL voluntary and private s¢¢lors within th¢ UK. The Executive Principal 15 a Trustee of NASS ensuring thai St Joseph's is fully involved at a national l¢vel within the special edLicational s¢ctor. In addition. the Head .1 ea¢h¢r ensures that St Joseph's w'orks collaboratively with the local mainiained sector. and is an activ¢ member of the Cranfold Conf¢derdtion, an infornial confederation of schools in the South Guildford area. Risk Assessment and Risk Management During the period, the Truste¢s eontinued their oversight of the major risks lo which th¢ Trust is eX￿sed and have put in place a ¢omprehensiv¢ Risk Register. Major risks have not changed significantly during the course of the year and includc the folloi¥ing major risks: MAJOR RISKS MITIGATION Poor safeguarding leading to injury, death, n¢gli8ence or abuse Dedicated Designated Safeguarding Lead assisted by a Head of Safeguarding and Inclusion and a Safeguarding Team manage referrals and compliance requiremenls, ensure risk assessments are pertinent and up to dale and monitor potentia] risks as w'ell as condu¢ting in-depth training and providing regular updales for staff. Business Continuity Plan including crisis media management, validity of insurance and comprehensive cover for entirety. of operation, protccting interests and managing concerns and e¥pectations of local authorities, Ofsted, CQC, pareiitslguardians and other stakeholders. Maintenance of Ofsted, CQC, statutory and regulatory standards. Application of rigorous admissions procedure. Management of contractual relationships and att¢ndant financial arrang¢menis. Ensuring up to dat¢ prote¢tion for all equipment, sysi¢ms and software across the operation. Insufficient staff to deliver s¢rvices Proactiv¢ HR Department with strong recruitment strategie5 and expert knowledge of sector. Staffing adherence to EHCPS, Risk Assessments and Behaviour Support Plan5. Dynamic use of staff. timetabling and class structure. Reputational damage Reliance on lo¢al authority ¢ommis5ioning Cyber security Trustees have directed the Core Senior Lead¢rship Team to continu¢ to focus on risk reduction in 2024125 in order to ensure the continued high-quality provision that ha5 been mainlained over recent years. ST. JOSEPH'S SPECIALIST TRUST TRUSTEES, REPORT FOR THE YEAR ELYDED 31 AUGUST 2024 The Trustc¢s are responsible for preparing the TNstees' Report and the financial stateinents in accordance with applicable law and United Kingdotn Accounting Standards (United Kingdom Gen¢rally Accepted Accounting Practice). The Trust¢es are required to prepare a financial statement for each financial year Ihat gives a true and fair view of the slate of affairs of the charity and of th¢ incoming resources and application of resources. including the income and expenditure, of the charity for that period. In preparing these financial slalem¢nt& the Trustecs Are requir¢d to.. Select suitable accounting policies and then apply them consistently. Observ¢ the methods and priÉiciples in the Charities SORP. Make judgements and estimates that are reasonable and prndent. State whether applicablc UK Accounting standards have be¢n followed, subject to any material departures disclosed explained in the financial statements. Prcpare the financiul statements on the going concern basis unless it is inappropriate to presume that th¢ charity will conlinue in business The Trustees are responsible for keeping proper accounting records that disclose wilh reasonable ac¢ura¢y at any time the financial position of ihe charity. They ar¢ also responsible for safcguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as we are aw'are. th¢re is no relevant audit infomiaiion of which the chariry's auditor is unaware, the Tnjstees have taken all steps that they ought to havc takcn to make themselves aware of an). relevant audit inforniation and hai'e taken steps to establish that the auditor is aware ofthal itiforniation. Approved by the Trust¢es on 5th March 2025 and signed as authorised on their behalf by- Dominie G Chair of Trustee5 on 12 REPORT OF THE ￿DEPENDE1￿[ AUDITORS TO THE TRUSTEES OF ST. JOSEPH'S SPECIALIST TRUST FOR THE YEAR ENDED 31 AUGUST 2024 Opinion We have audited the financial statements of St Joseph's Specialist Trust for the y¢ar ended 31 August 2024 whi¢h comprise of the Statement of Financial Activities, the Balance Sheet, the Cash flow. Stai¢menl and note5 to the financial statements. including significant ac¢ouniing policies. The financial reporting framework that ha5 been applied in their pr¢paration is applicable law. and United Kingdom A¢¢ounting Standards. including Financial Reporting Standard 102 The Financial Reporting Standard applicablc in th¢ UK and Republic of Ireland (United Kingdotn Generallj. Accepted Accounting Practice). In our opinion the financial statements.. give a ttwe and fair view of the state of thc charity's affairs as at 31 August 2024 and of its incoming resources and application of resources, including its income and expetlditure for the year then ended: have been properly prepared in accordance with Uniled Kingdom Generally Ac¢epled Accounling Practice. and have been prepared in a¢¢ordance with the requirements of the Charities Act 2011. Basis for opinion We COT)ducted our audit in accordance with International Standards on Auditing {UK) (ISAS (UK)) and applicable law. Our responsibilities undcr those slandards are further dcscrib¢d in the Auditor'5 resFK)nsibilities for the audit of the financial sthiements section of our report. We are independent of the charity in ac¢ordanee with the ethical requiremcnis that are relevant to our audit of the financial statement5 in ¢h¢ UK, including the FRC'S Ethi¢al SIAndard, and w'e havc fulfilled Olir other etliical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Conclusions relatiog to going concern In auditing th¢ fInancial stateinents. M'e have concluded thai the irustees. use of the goin8 concern basis of accounting in the preparation of the financial statements is &ppropriate. Based on the work w¢ have perfornied, we have not idenlified any material uncertainties relaiing lo events or condiiions that, individuall), or colle¢liv¢ly.. may cast significant doubt on the charity's ability lo ¢ontinue as a going con¢¢m for a period of at least t￿e1ve months froEn when the financial statements arc authorised for issue. Our responsibilities and th¢ responsibilities of the trustees with respect lo going Concern are described in the relevant sections of this report. Other inforniation The trustCC5 are responsible for the other inforniation Contained ￿.]thin the annual report. The other infomjalion comprises the information included in the annual repot1, other Ihan the financial slalements and our auditor's report thereon. Our opinion on the financial $￿tements does not covcr the other inforniation and we do not ¢xpress any forni of assurance conclusion thereon. Our responsibility isl0 read the other inforniation and, in doing so, consider whethcr the other infomiation is materially inconsistcnt with the financial statements or our knowledge obtained in the audit or otl)erwise appears to be maierially misstat¢d. If ￿.¢ id¢ntify' such material inconsistencies or apparent material misstatcments, we are required to deierniine whether this gives rise to a material mi55tatem¢nt in the financial statemcnt5 themselves. If, based on the work we have perfomied. we conclude that there is a material misstatement of this other information, we arc required to report that fact. We have nothing to report in this regard. 13 REPORT OF THE INDEPENDEiYf AUDITORS TO THE TRUSTEES OF ST. JOSEPH'S SPECIALIST TRUST FOR THE YEAR ENDED 31 AUGUST 2024 Matters on whi¢b we are required to report by exceptio We have nothing to reTX)rt in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 rcquire us to report to you if, in our opinion.. the infomalion given in the financial statements is inconsistent in any Tnaterial respect with the trustees. report; or sufficient accounting records have not been kept; or the financial statements are not in agrcement with the accounting record5 and r¢turns' or we have not received all the inforniation and explanations we requir¢ for our audit Responsibilities of trustees As explained more full). in the trLlStecs rcsponsibilities statement set out on page 12 the trustecs are reswnsibl¢ for the preparation of the financial statements and for being satisfied that thej give a true and fair vie1¥, and for such internal ¢ontrol as the trustees dcterniine is necessary to enable the preparalion of financial statements that are free from mafrrial tnisslatemenL whcther due lo fraud or error. In preparing the fitiancial statcm¢nts. the truslees are responsible for assessing the charity's ability to continue as a going ¢oncern. disclosing, as applicablc, matters related to going con¢¢m and using the going ¢on¢¢m basis of a¢eounting unless the trustees either intend to liquidate the ¢haritv or to cease operations. or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the fittatteiAI statements We haN¢ becn appointed as auditor under section 144 ofthc Charities Act 201 l and report in accordance with the Act and relevanl regulations madc or having effect thereunder. Our objectives are to obtsin reasonable assurance about whether the financial statements as a whole are free from material misslatement, ￿hether due to fraud or error, and io i55ue an auditor's report that includes our opinion. Reasonable a5suratice is a high level of asslirance, but is not a giiarantee that an audit conducted in accordance with ISAS (UK) will alw'ays detect a material tnisstatemeni when it e.xists. Misstatements can arise from fraud or crror and are considered material if, individually or in thc aggr¢gale. they could r¢ason&bly' be expected to influence the economic decisions of users taken on the bAsi5 of these financial statemcnt5. Details of the extent to which the audit ￿'8S considered capable of d¢tecting irregularities. including fraud and non- Compliance with laws and regulations are set out below. A furth¢r description of our reswnsibilities for the audit of the financial slateTnents is located on the Financial Reporting Council's website at.. M¥Tr%,.frc.or .IILlauditorsres onsibilities. This description fornis part of our audilor's report. Extent to which the Audit was considered ¢ap#ble of detecting irregularities, Incl￿dIng fraud Irregularities, including fraud. are instan¢¢s of non-compliance with la￿.5 and regulations. We ideniified and assessed the risks of material mi5Statcmenl of the financial statcments from irregularities. Ivheih¢r due to fraud or error. and discussed ihese between our audit team membcrs. W¢ then designed and perfomed audil procedures responsive io those risks, including obtaining audit evidence sufficient and appropriat¢ to provide a basis for our opinion. 14 **REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF** ## **ST. JOSEPH'S SPECIALIST TRUST** ## **FOR THE YEAR ENDED 31 AUGUST 2024** We obtained an understanding of the legal and regulatory frameworks within which the charity operates, focusing on those Jaws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements. The laws and regulations we considered in this context were the Charities Act 2011 together with the Charities SORP (FRS 102). We assessed the required compliance wrth these laws and regulations as part of our audit procedures on the related financial statement items In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which might be fundamental to the charity's ability to operate or to avoid a material penalty. We also considered the opportunities and incentives that may exist within the charity for fraud. The laws and regulations we considered in this context were Children's Home Regulations 2015, Non- Maintained Special Schools (England) Regulations 201 S, Safeguarding regulations, Health & Safety legislation, General Data Protection Regulations, Food Hygiene Standards, OFSTED and Care Quality Commission regulations. Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the Trustees and other management and inspection of regulatory and legal correspondence, if any. We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be within the override of controls by management. Our audit procedures to respond to these risks included enquiries of management, and the Fi11ance Committee about their own identification and assessment of the risks of irregularities, sample testing on the posting of journals, reviewing accounting estimates for biases, reviewing regulatory correspondence with the Charity Commission, and reading minutes of meetings of those charged with governance. Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and perfo1med our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations (irregulruities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would be to identify it. In addition, as with any audit, there remains a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We ru·e not responsible for preventing non-compliru1ce and cannot be expected to detect non-compliance with all laws and regulations. ## **Use of our report** This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent pennitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trnstees as a body, for our audit work, for this repo1t, or for the opinions we have formed. **Crowe U.K. LLP** Statutory Auditor **Reading** ## **Date: 7 March 2025** Crowe U.K. LLP is eligible for appointment as auditor oflhe charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006. 15 ST. JOSEPH'S SPECIALIST TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024 2024 2024 2024 2024 2023 Note Children & Young People Restricted Children & Adult Young Supporfed People Living Unrestricted Unrestricted Total Total INCOME Charitable Activities Fees Loc#1 Authoritie5 Fees ESFA Syndry incorne Voluntary income Grants to meet expenditure Dongtions Other trading xctivities Rental incomt 8.862,669 738,647 103.343 953.748 9.816.417 738,&17 103.343 10,676,147 835,973 5,687 101.539 9.711 95,571 6,268 197,110 15.979 228,113 64.561 154,127 154.127 154,127 Total income 111.250 9,806,498 1.107.875 11.025,623 11.9fA,608 EXPENDITURE R¥i5Éng futlds Ch8ritsblt activities (13.7661 (39,4591 (9,925.6331 (13.7661 (32.766) (874.6941 {10.839,786) 111.632.572) Totgl expenditure {39,4591 (9,939,399) 1874.6941 {10,853,5521 111.665.338) Net moi'ement in funds 71,791 {132.901) 233,181 172.071 299,270 Fund balances brought forward at I September 2023 Translers between funds 7.966 (65,0161 18.022.145 65.016 1.129,769 19.159.880 18,860.610 Fund balanees carried forward at 31 August 2024 14,741 17,954260 lJ62,950 19J31.9SI 19,159,880 There were no recognis¢d gains and losses other than those included in the Statement of Financial Aciivities. The notes on pages 19 to 25 forni part of these financial statements. 16 ST. JOSEPH'S SPECIALIST TRUST BALANCE SHEET AS AT 31 AUGUST 2024 2024 2023 Notes FIXED ASSETS Tangible fixed assets Intangible Assets 16.106,247 14.731 15.942.867 CURRENT ASSETS Debtors Cash ￿ bank and in hand 152.859 3,903.298 106,457 4,408.952 4.056.157 16?8,184} 4.515,409 (859,807) CREDITORS.. Amounts falling due within one year NET CURRENT ASSETS 3.427.973 3.655.602 TOTAL ASSETS LESS CURRENT LIABILITIES 19.608.951 19,598.464 CREDITORS: Amounts falling due after one yeaT {277,000) {438.584) NET ASSETS 19,331,951 19,159,880 FUNDS Children & Young People Adult Supp(rted Living 17,954,260 1.36?.950 18.022.145 1,129,769 Uttre5trieted funds R¢stricted fund$- Children & Young People 19.317.210 14.741 19,151,914 7,966 TOTAL FUNDS 19J31.951 19.159.880 The financial statements were approved and authorised for issu¢ by th¢ Truslees on 5 March 2025 and were signed below on its behalf by- DomiDiC G Trustee The accompanying not¢s fomi part of these financial statcments. 17 ST. JOSEPH'S SPECIALIST TRUST STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2024 2024 2023 Notes Net c4$h provided by opeTatlOD5 150.574 1224,571 Cash flows from Inve5tlng Activities Pu￿hase of fixed & intangible ￿se15 16562281 (932,1871 Net cash (used in) invtstlng actlvities (656,2281 (932.187) Chan%e in cash 8Dd eash tquivglents in the reporting period 1505.6541 292J84 Net cash and cash equivalents at the beginning of period 4.408,952 4.116.568 Net cash and c45h equivalents at end of period 3,903298 4,408,952 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH PROVIDED B Y OPERATIONS 2024 2023 Net movement in fund5 Depreciation Ilncrease), Decrease in debtors (Decrease) I Increase in creditors 172,071 418.112 (46,4031 {393,2061 299.270 406.784 396.415 12?.602 Net Cgsh provided by oper&tlOll5 150,574 1,224.571 ANALYSIS OFCHANGES IN CASH AND CASH EQUIVALENTS AND NET DEBT At Othtr At 31-Aug-2023 Cash Flo*s Changes 31-AuE-2024 Cash and cash equivalents 4,408,952 (505.654) 3,903 ?98 Net cash prnvided by operAtions 4,408,952 (505,654) J.903,298 18 ST. JOSEPH'S SPECIALIST TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 ACCOUNTING POLICIES Basis of prepar#tion Th¢ financial sthtements have been prepared in ￿cordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102), and the Staiement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Siandard applicable in the UK and Republic of Ireland (FRS 102) effe¢live l Januarj. 2019. The Trust is a charitabl¢ incorporated organisation (Charity nutnber- 1177680) r¢gisier¢d in England and Wales. The financial statements have been prepared under the histori¢al cost convention. Going Concern The tinan¢ial position and future prospecls of ihe Trust have been assessed taking inlo account the funding facilities available, th¢ anticipated ongoing demand for services. and future projected cash flows. Based on this evaluation. the Trustees have a reasonable cxpectation that the Trust has adequate rcsour¢¢5 to continue its activities for the foreseeable future. Accordingly, the financial statements have been prepared on a going conccrn basis, as the Trustees have not identified any material uncertaintt¢s that would cast significant doubt on the Trust's financial viability. CritlCAI ac¢ountiDg judgements and key sources of estimation uncertainty In thc application of thc accounting policies. Trustees are required to make judg¢ment. estimates. and assumptions about the eanying value of assels and liabiliti¢s that ar¢ not readily apparent froill other sources. The esiimaies and underlying assumptions are based on historical experi¢n¢e and other factors that are considered to be relevant. Actual Tesults may differ from these estimates. Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounling estimates are recognised in ihe period in ￿.hi¢ll th¢ egtimate is revised. or in the period of the revision and future periods if the revisiotk affected current and future periods. Judgemenis made bj the Trust¢¢s, in the application of tliese accounting policics that have significant ¢ffect on the financial statetnents and estimates with a significant risk of material adjustment in the next year are decmed to be in relation lo the deprecialion rates of tangible fixed assets and are discussed below. In the view of the Trust¢¢s, no assumptions concerning thc futu￿ or estimation uncertainty. affecting assets or liabilities at the balanc¢ sheet date are likely to result in a maierial adjustment to their carrying amounts in the n¢Kt financial year. Income Fees r¢¢eivable and otEter fees are accounted for in the period in which the service is provided. Fundraising and oiher income are accounted for when entitlement arises, the amount can be reliably quantified and the economic bcnefit to the Trust is considered probable. Expenditure Expenditure is ac¢ount¢d for on an accruals basis and is recognis¢d when there is a legal or cotkstructive obligation to pay for expenditure. All costs have bccn attributed to the functional categories of resources expended in the Stateillent of Financial Activities. The Trust is nol registered for VAT and accordingly expenditure is included gross of trrecoverable VAT. Casb at bank aod in hand Cash at bank and cash in hand includes cash and short terni highly liquid investments. 19 ST. JOSEPH'S SPECIALIST TRUST NOTES TO THE FIY4ANCIAL STATEMENTS FOR THE YEAR El￿ED 31 AUGUST 2024 ACCOUNTING POLICIES (continued) Tavgible fixed assets Tangible assets, except the freehold property., are stated at cost less depreciation. Dcpreciation 15 provided on all tangible fi¥¢d ￿Sets other than freehold land. at rates calculated to write off the cost less their estimated residual value of each asset over its c%p¢¢lcd useful life, as follows.. Buildings 20 - 50 years (2 _ 50/0 per annuml Premises adaptaiions l O years ( IOQ/o per annum) Furniture and fittings 8 years {12 /, /0 per annum) ICT equipment 5 ycars (200/0 per annum) Vehicles 5 years (20 0/0 per annum) Individual items costing less than £5,000 are nomially written off as an expense on acquisition. Freehold land is not depreciated. Computer and IT costs of less than £5,000 per item are expensed through the Income and Expendiiure account. [kp￿ClatIOn of fixed assets starts in th¢ year following the acquisition oran assei and it is calculated over the ¢xpectcd useful life of thc asset. llltangible assets Thc Tnjst capitali5es the cost of third-part%' software that meets the criteria for recognilion as an intangible asset. The software is amortised ov¢r its ¢s1imated useful life of 3 y¢ars. Impairment revie￿.$ are conducted annuall). or when indicators of impairnienl arise. Amortisation of intsngible assets starts in ihe y¢ar following the acquisition of an asset. and it is cal¢ul8ted over the expected useful life of the asset. Financial instrutnents Basic financial instruments are initially recognised ai transaction value and subsequently measured al amortised with the exception of investments i￿h1Ch arc held at fair value. Financial assets held amortised cost comprise cash at bank and in hand, together with trade and other debtor5. A 5p¢rifiL pro¥ ision is madc for debts for which recoverability is in doLEbt. Cash at bank and in hand 15 defined as all cash held in instant access barkk accounts and uscd as working capital. Financial liabilities held at amortised cost comprise all creditors except social security. and other t&xes and provisions. Debtor& Tradc and other dcbtors are recoonised at the settlement amount due after any trade discount offered. Prepa)'ments are N'alLied at the aEnount prepaid net of any trade discounts due. Creditors and provisions Crediiors and provisions are recognised whcre the Tnjsi has a present obligation resulting from a past event that ill probably result in the transfer of funds lo a tliird party and the amount due lo settle the obligation can be measured or estimaled reliabl). Creditors and provisions are norn)ally recognised al iheir settlement amounl after allowing for an). trade discounts due. Taxation The Trust is conslituted as a regisi¢red charity. and therefore is exempt from direct taxation on its charitsble activities. There were no tax reclaims in the year on gifts and donations received. 20 ST. JOSEPH'S SPECIALIST TRUST NOTES TO THE FINANCIAL STATEMENTS (contlDued) FOR THE YEAR ENDED 31 AUGUST 2024 PensioDS The T¢acher5' Pension Scheme - This scheme is a multi•employer pension scheme. It is not possible to identify the Trust's share of ihe underlying assets and liabilities of the Teachers. Pension Scheme on a consi51ent and reasonable basis and the￿rOre. as required by FRS102, accounts for the schcm¢ as if it w'ere a defin¢d contribution schem¢. The Tru51's contributions, which are in accordance with the recomincndations of the Governmenl Actuary, are charged in the period in which the Salaries to whi¢h they relate are payable. The charity also operat¢s defined contributory group personal pension ￿h¢M¢S for non-ieaching staff. Operating lease commitments The rentals payable under operating lease5 arc Charged to the Statement of Financial Activities (SOFA) on a straight-line basi5 over the lease term. Fund accounting Funds held by the charity are.. Unre&lricledfynds these are funds w'hich can be used in aecordance with ihe charitable objects at the discretion of the Trustccs. They are divided bctwcen Children and Young P¢ople and Adult Supported Living. Re3lriclgdfiinds- these are funds thal can only be used for particular restricted putyoses within the objects of the charity. NET INCOME 2024 2023 P4et Incom¢ is stated after chargRng Depreciation of owned tangible fixed as5et5 Auditors, remuneration- non-audit services Auditors. T¢muneration- audit 5eTvices 418,112 406,284 21.907 19,915 ANALYSIS OF TOTAL EXPENDITURE 2024 Staff C05t5 2024 Other Costs 2024 Depreel&iion 2024 Total 2023 Total Raising funds 13.716 13,716 32,766 Charitable aetivities T¢aching Welfare Premise5 Support costs GT8nt5 3,738.016 3,006,080 691.099 1.304,615 106,715 14? ?71 394,445 999,074 39,459 3.844,731 3,148.351 1.503.656 2,303.639 39,459 3,591,328 4,294,396 1,790.107 1.829,532 127.209 418,112 .753,526 1,681,914 418,112 10.853,552 11.665.338 Restricted expenditure in the period in relation to grants received amounted to £39,459 (2023- £127,209). 21 ST. JOSEPH'S SPECIALIST TRUST NOTES TO THE FINANCIAL STATEMENTS (¢ontinued) FOR THE YEAR ENDED 31 AUGUST 2024 PARTICULARS OF EMPLOYEES 2024 2023 No. The average persons employed by the Trust during the period was.. 219 240 Their total remunerotitpn was.. Wage5 and salaries Social securiry costs Other pension costs Other staff costs 6,396,304 612,886 527.929 208,725 6.701.930 674,698 491,008 281,320 7,745,844 1.007.682 ,148,956 1,492,583 Agency staff 8,753,526 9,641,539 The total remuncration of key management personnel during the period was £932,656 (2023.. £876,299). Key management are considered io k the Core Senior Leadership Tcam and th¢ir total remuneration- gross pay, t&¥&ble benefits, ¢mploJ'er's perksion arkd National Insurance contributions. The number of sthff with emoluments within the following rdnges were: 2024 No. 2023 £60.001- £70,000 £70.001- £80,(100 £80.001- £90.000 £90.00] £100,000 £ioo,001-£iio.o(MJ Other pension costs include liability provisions for the period of £Nil (2023.. £Nil). The Trust made £121.047 (2023.. £121.66]) contributions to defined contribution and benefit pension schemes in the period in respect of the higher paid employees. Tern)ination payments made in th¢ year were £7.083 (2023.. £Nil). During the year. close family members of key mana8¢ment personnel received remuner&tion of £4,427 (2023= £1,628). Trnstees and Advisers, remulleration And reimbursed expenses Trustees do not receive remuneration from the Charity. No trustee had any b¢n¢fici&l interest in any contract with the company during the ycar. Three Trustees were reimbursed expen5e5 totslling £39 (2023.. five trustees £65) in the period. 22 ST. JOSEPH'S SPECIALIST TRUST NOTES TO THE FINAIYCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 AUGUST 2024 TAI¥GIBLE FIXED ASSETS Leasehold premises The premises wer¢ a¢quired from the Trustecs OF Sa¢red Heart Sisters of Chigw¢ll Convent on I September 1981 at a cost of £425,000 plus furni1U￿ and fittings £50,000 (part was sold in 1988 for £69,453). In addition, house, Springi'ale. was purchased from the Sisters in Sepi¢mber 1986 at a cost of £155,000. The use of the properties which are still owned by the RC Di￿¢5¢ of Arundel & Brighton. has been gifted through a 999-year lease with only peppercorn rent payable. School Le85ehtsld premises Springvale Ltasehold pr¢mises Assets in Construc- Motor vehirl¢s Fixturt and fittings Cornputers Total At cost or valu*iion Beginning of period Additiotts Transfer5 End of year Depreeiation Beginning of peri¢)d Charge for the period Released on disposal End of year Nei Book Valut As at 31 August 2024 A5 ai 31 August 2023 16,827,634 789,637 34,405 52.070 9,716 45J58 17.758,S20 47,585 178,045 17.053264 506,467 (178.045} 362.827 87,445 641,497 789.637 52,070 9,716 132,803 18,400J17 1,731,543 76,802 1.943 5.670 1.815,958 384,245 15.841 10.414 1.943 5.669 418.112 2,115,788 92,643 10,414 3.886 IlJ39 2.234070 14,937.476 696,994 362,827 41,656 5,830 121,464 16,166.247 15,096,091 712.835 34.405 52.070 7,773 39.688 15.942.862 INTANGIBLE ASSETS Opening Balance Addition5 DtSPOsaJ5 Amorti- satlOD Work In Progrcss Trallsfers Closing B&lsDce At eosts Third-party Software IRIS Payyiie 14.731 14.731 DEBTORS 2024 2023 Fee debtOT5 Other debtors 20.670 132,188 55,792 50,665 152,859 106.457 23 ST. JOSEPH'S SPECIALIST TRUST NOTES TO THE FINANCIAL STATEMEwfs (continued) FOR THE YEAR ENDED 31 AUGUST 2024 CREDITORS: Amounts f*lling due ilithin one year 2024 2023 Trade creditors Accruals Staff costs PTOV15ion Payroll crediiors Oiher creditors 192,180 146.365 62.566 ?01,340 25,733 187,805 180,93? 4,?51 281.746 205,073 628,184 859.807 Amounts falling due after ODe vear 2024 2023 Siaff costs provision 277,000 438.584 The Trust was notified by th¢ Teachers Pension S¢heme in 2019 that ihey were to challenge ihe eligibility of two members of staff from ihe inception dat¢ of the scheme in 201 O. This was acccptcd wilh one tnember who has since retired and a liability provision based oll a s¢ttl¢meni agreement b¢tween the Trust and the member is now in place and included in ihe a¢counts. The final decision by the TPS for th¢ other meinbcr of 5t2ff w.ho reinains in cmployment has been refcrred to the Pensions Ombudstllan. Pending this decision and follo￿.ing an ind¢p¢ndent valuation. a furth¢r liabilil>' provision of £4? 000 has bccn included in the accounis. -I'he 'frust has an llnreoistered Employ¢r-financed Retirement Benefils Schem¢ for a fornier employee whose pension is being adminislered direcily by the Trust. 9. STATEMEwf OF FUNDS- CURRENT PERIOD Brought fonv8rd at 01 September 2023 Carried fonvard At 31 August 2024 Income 2024 Expenditure 2024 Tr8Nsfers 2024 Children and Ygung People Adult Support¢d Living 18.022.145 1.129.769 9,806,498 1,107,875 (9.939,3991 1874,6941 65,016 17,954,260 1,362.950 Unrestricted funds Restricted fund5 19,151,914 7,966 10.914,373 111250 (10,814,093) (39,459} 65,016 165.016) 19,317,210 14.741 Total funds 19,159,880 I1,0?5,623 (10.853,552) 19,331.951 24 ST. JOSEPH'S SPECIALIST TRUST NOTES TO THE FINANCIAL STATEMENTS (¢ontillued) FOR THE YEAR ENDED 31 AUGUST 2024 10. ANALYSIS OF NET ASSETS BETWEEN FUNDS- CURRENT PERIOD Unrestricted fund5 2024 RestrRcted funds 2024 TotAI 2024 Total 2023 Tangible Fixed & Intangible Asseis 16,180.978 16.180.978 15,942.862 Current assets 4,041.416 14.741 4.056.157 4,5 15,409 Current liabilitses {628.184) {628,184} {859,807) Non-current liabilities (277,0(K)) {277,000} (438,584) 19,317.210 14.741 19.331.951 19.159,880 11. OPERATING LEASE COMMITMENTS At 31 August 2024. there We￿ operdting lease commitments of an insignificant amount. 12. PENSIO]Y COSTS (a) TeaeheTS' Pension Scheme Thc Trust participates in the Teachers. Pension S¢hem¢ ('Nhe TPS",) for its teaching staff. The pension charg¢ for the year includes contributions payable to the TPS of £277,463 {2023-. £235.017) and a¢ th¢ year-end £2,976 (2023.. £nil) was accrued in respect of contributions to this scheEne. The TPS is an unfunded multi-emplo)'er defined benefits pension schetnc govem¢d by The Teachers. Pcnsions Regulaiions 2010 (as amended) and The Teachers. Pension Scheme Regulations 2014 (as am¢nded). Mcmb¢rs contribute on a "pay Ms you go, basis with contributions froin niember5 and the employ'er being credited to the Exchequer. Retirement and othcr pension benefits are paid by public funds provided b). Parliament. The employer contribiition rate is set by th¢ Secretary of State following scheme valuations undertaken by the Government Actuary. s Department. The most recent actuarial valuation of the TPS was prcpared as al 31 March 2020 and the Valuaiion Report M'as publish￿ in October 2023. Following the Mccloud judgeincnt, lh¢ remedy proposed that When benefits become pa)'able. ¢ligible members can select to receive them from either the refom)ed or legac!, scheilles for th¢ ￿rIOd l April 2015 to 31 March 2022. Thc actuaries have assumed that members are likely to choose the option that provides them I￿1th the grcater benefits. and in pr¢paring the 2020 valuation have valued the 'greater value, benefits for groups of relevant membcrs. The valuation confim)¢d that the employer contribution rate for the TPS would increase froln ?3.6/o 10 28.60/0 from l April 2024. Etnployers are also required to pay a scheme administration levy of 0.080/0 giving total ¢mployer conlribulion rate of 28.68 %. (b) Group Personal Pension The Trust participates in defined ¢onlribution schemes for ils teaching and non-teaching stsff who are not in a final salary scheme. The cost for the year of the Trust's c4)ntributions was £269,498 {2023: £288,265). 25