ST BEDE'S SCHOOL TRUST SUSSEX FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2021
| Index Page | |
|---|---|
| lel and Aministtie Infoaton | 2 |
| Repr o the Govro | 3-26 |
| Inepndent Aditors Repr | 27-29 |
| Sttement o Financal A is | 3 |
| Blanc Shet | 31 |
| Csh Flo Sttement | 32 |
| Note to te Ants | 33-5 |
Page1
| Cumulatlve percentagesateachgrade for ALevel,BTECandPre U quallflcatlons | Cumulatlve percentagesateachgrade for ALevel,BTECandPre U quallflcatlons | Cumulatlve percentagesateachgrade for ALevel,BTECandPre U quallflcatlons | Cumulatlve percentagesateachgrade for ALevel,BTECandPre U quallflcatlons | Cumulatlve percentagesateachgrade for ALevel,BTECandPre U quallflcatlons | Cumulatlve percentagesateachgrade for ALevel,BTECandPre U quallflcatlons |
|---|---|---|---|---|---|
| A* | A | B | C | D | |
| 2021 | 33 | 64 | 83 | 94 | 97. |
| 2020 | 25 | 54 | 82 | 97 | 99 |
| 2019 | 20 | 48 | 70 | 88 | 96 |
| CumulativepercentagesateachgradeforGCSEs | CumulativepercentagesateachgradeforGCSEs | CumulativepercentagesateachgradeforGCSEs | CumulativepercentagesateachgradeforGCSEs | CumulativepercentagesateachgradeforGCSEs | CumulativepercentagesateachgradeforGCSEs | CumulativepercentagesateachgradeforGCSEs | CumulativepercentagesateachgradeforGCSEs |
|---|---|---|---|---|---|---|---|
| 9 | 8 | 7 | 8 | s | 4 | 3 | |
| 2021 | 18 | 36 | 56 | 73 | 88 | 99 | 99 |
| 2020 | 9 | 23 | 43 | 67 | 82 | 95 | 99 |
| 2019 | 7 | 20 | 39 | 56 | n | 91 | 96 |
| Ene~ consumDtionused to calculate emissions lkWh} | 2021 2020 5,079z727 4.873.856 |
||
|---|---|---|---|
Energy consumption breakdown (kWh) Gas LPG FuelOil Gas Oil Electricity Transport Fuel Scope1 emissions in metric tonnes C02e Gasconsumption LGP FuelOil GasOil Owned transport - minibuses TotalScope1 Scope2 emissions in metric tonnes CO2e Purchasedelectricity |
1,056,729 879,130 781,580 726,219 999,966 1,069,101 62,940 26,270 1,624,480 1,543,112 554,032 630,024 193.55 161.65 167.64 155.76 268.14 286.45 16.16 6.75 130.86 322.91 778.35 933.52 |
||
| 344.93 359.78 0.31 2.42 1,121.59 1,295.70 1.1149 1.2653 |
|||
| Scope 3emissionsInmetric tonnes CO2e Business travelInemployee owned vehicles Total GrossemissionsInmetrictonnes CO2• Intensityratiotonn•CO2e per pupil (1024) |
|||
| Notes INCOMEFROM: Charitable Activities 3 Grants,Donations and Legacies 4 Investment Income Other Income Non-ancillary tradingincome TotalIncome EXPENDITUREON: 9 CostofRaisingFunds Charitable Activities TotalExpenditure NetIncome Transfer between Funds NetMovementInFunds FundBalanceat1stSeptember2020 19 FundBalanceat31•August2021 19 |
UnrestrictedRestricted Total Funds Funds 2021 2021 2021 £'000 £'000 £'000 22,731 22,731 739 54 793 1 1 66 66 192 192 23,729 54 23.783 904 904 211369 35 21,404 22,273 35 22,308 1,456 19 1,475 Total 2020 £'000 22,183 1,264 38 13 241 23,739 1,013 22.354 23,367 372 |
|
|---|---|---|
| 1,456 19 1,475 25,225 11 25,236 26,681 30 26,711 372 24,864 25,236 |
| Notes Fixedassets Intangible Assets 10 Tangible Assets 11 Investments 12 Currentaseets Stock Debtors 13 Cashatbank and in hand Creditors:Amountsfallingduewithinone 14 year Netcurrentaseeta Total assetslasscurrent llabllltles Creditors:Amountsfalling due after one 15 year Net assets Repreaentedby RestrictedFunds 19 UnrestrictedFunds 19 General Fund Designated Funds Total Funds |
Group 2021 2020 £'000 r:ooo 80 66 30,345 30,716 Charity 2021 2020 £'000 £'000 80 66 30,228 30,552 20 20 |
|---|---|
| 30,405 30,782 158 177 1,041 1,248 111170 1~~1~~s12 30,308 30,638 1,253 1,533 101943 7.427 |
|
| 12,369 8,997 (8,626) (6,798) 3,743 2,199 34,148 32,981 (7,437) (7,745) 26,711 25,236 12,196 8,960 (8,485) (6,723) 3,711 2,237 34,019 32,875 (7,437) (7,745) 26,582 25,130 |
|
| 30 11 21,251 19,213 5,430 6,012 30 11 21,122 19,107 5,430 6~~1~~012 |
|
| 26,681 25,225 26,711 25,236 26,552 25,119 26,582 25,130 |
| Notes Netcashgeneratedfromoperating 17 activities CashflowsfromInvestingactivities PurchaseofintangibleflXedassets PurchaseoftangibleflXedassets Net cashusedInInvesting activities Cashflowsfromfinancialactivities Repayment of borrowings Paymentofobligations under finance leases Interestpaid Net cash outflowfromfinancing Net Increaseofcashandcash equivalents Cashandcashequivalentsatthe startoftheyear Cashandcashequivalentsatthe endofthe year Analysisofcashandcash equlvalenta Current Accounts Total NetDebt Cash Loan:falling due<1year loan:falling due>1year FinanceLeaseObligation |
2021 £'000 (22) (1,161) |
2021 £'000 5,617 (1,183) (836) 3,598 7,572 11,170 11,170 11,170 Cashftow £'000 3,598 437 129 |
2020 £'000 (54) (2,165) (433) (129) (289) Other Movements £'000 2020 £'000 (223) (2,219) (851) (3,293) 10,865 7,572 7,572 7,572 At. 31/08/2021 £'000 11,170 (437) (5,399) (356) 41978 |
|
|---|---|---|---|---|
| (437) (129) ,210) |
||||
At. 01/09/20 £'000 7,572 (437) (5,836) (485) 814 |
||||
41184 |
| 3 INCOME FROM CHARITABLE ACTIVITIES Schoolfeesreceivable comprised: GrossFees Less total scholarships, bursaries and otherfee remissions Addback:Bursaries paidforbythe HardshipFund OtherEducational Income Comprised: SummerSchool Income Quarantine School OtherCharges to Parents Registration Fees TotalIncomefromCharttableActivities 4 GRANTS&DONATIONS Unrestricted Grants Job Retention Grant (CJRS) Donations Restricted Donations TotalGrants&Donations 5 NON-ANCILLARY TRADING INCOME Schoolshopsales Lettings Othernon-ancillary income 6 EXPENDITURE Unrestricted funds Directchart~expenditure includes: The operating surplus isstatedafter charging/(crediting) Amortisation Depreciation Loss/(Profit)onsaleoffixedassets Operating Leases (Income) frompropertyleases 7 AUDITORS' REMUNERATION Forauditservices Auditofthecompany's financial statements Forotherservices Other assurance services |
2021 2020 t•ooo t'ooo 23,599 (2,583) 21 23,146 (2,636) |
|---|---|
| 21,037 165 1,465 64 20,510 1 48 1,566 58 |
|
| 1,694 1,673 |
|
| 22,731 22,183 2021 2020 £'000 t'OO0 735 4 1,251 4 |
|
| 739 1.255 |
|
| 54 9 |
|
| 793 2021 t'OOO 179 8 5 1264 2020 £'000 183 16 42 |
|
| 192 2021 £'000 28 1,532 79 (1) 241 49 1,660 33 78 (1) 2021 2020 £'000 £'000 19 18 3 3 22 21 |
| StaffCosts: WagesandSalaries SocialSecurityCosts PensionCosts Total StaffHeadcount: Teaching TeachingSupport Support |
2021 £'000 11,399 1,069 1,643 14.111 2021 No. 132 135 188 455 2020 £'000 11,998 1,177 1,703 14,878 2020 No. 139 154 189 482 |
|---|---|
| mberofhigherpaidemployees,as defined by th | eCharitiesSORP,was: | |
|---|---|---|
| 2021 | 2020 | |
| *Restated | ||
| No. | No. | |
| £60,001- £ 70,000 | 6 | 7 |
| £70,001- £80,000 | 1 | 2 |
| £80,001- £ 90,000 | 1 | 1 |
| £90,001-£100,000 | 1 | 1 |
| £100,001•£110,000 | ||
| £110,001-£120,000 | ||
| £120,001 -£130,000 | 1 | 1 |
| £130,001-£140,000 | ||
| £140,001-£150,000 | ||
| £150,001-£160,000 | 1 | 1 |
| ANALYSISOFEXPENDITURE2021 | |
|---|---|
| CostofRaisingFunds Non-ancillary trading FinanceCost Charitable Activities Teaching Welfare Premises Support GovemanceCosts Expenditurefromotherfunds: Restricted Total ANALYSIS OFEXPENDITURE2020 CostofRaisingFunds Non-ancillary trading FinanceCost Charitable Activities Teaching Welfare Premises Support GovernanceCosts Total |
Staff OtherDepreciation Costs & Amortisation £'000 £'000 £'000 26 540 68 270 Total 2021 £'000 634 270 |
| 26 810 68 10,054 1,668 110 1,086 1,579 949 1,622 1,382 1,996 904 19 14,085 5,792 1,492 35 14,111 6,637 1.560 Staff OtherDepreciation Costa & Amortisation £'000 £"000 £'000 29 638 57 289 29 927 57 10,745 2,064 150 975 1,314 1,040 1,317 1,503 2,089 1,133 24 14,849 5,852 1,653 904 11,832 2,665 3,953 2,900 19 21,369 35 22,308 Total 2021 £'000 724 289 1,013 12,959 2,289 3,860 3,222 24 22,354 |
|
| 14,878 6.779 1,710 23.367 |
| freehold Property £'000 34,459 34.459 9,830 689 10519 23.940 24,629 |
Freehold Aaaeta Land Under Construction £'000 £'000 664 2,365 801 |
Aorlcultural Equipment £'000 261 31 7 285 |
|---|---|---|
| 664 3.166 |
||
| 198 25 7 216 69 63 |
||
| 664 3.166 664 2,365 |
| Cost At1 September2020 Additions Disposals At.31August2021 Depreciation At1 September2020 Chargeforyear EliminatedonDisposals At31August2021 Netbookvalue At31August2021 At31August2020 |
ITand Furniture Computer and EquipmentEquipment £'000 £'000 2,049 11,064 154 130 2,203 11.194 1,952 8,413 101 640 |
Motor Totals Vehlcles £'000 £'000 707 51,569 45 1,161 (64) (71) 688 52,659 460 20,853 77 1,532 (64) (71) 473 22,314 215 30.345 247 30.716 |
|---|---|---|
| 2,053 9.053 150 2,141 97 2.651 |
| TANGIBLEASSETS Freehold (CONTINUED) Property Charity £'000 Cost At 1 September2020 34,459 Additions Disposals At31August2021 34,459 Depreciation At 1 September 2020 9,830 Charge for year 689 EliminatedonDisposals At31August2021 10519 Netbookvalue At.31August2021 23.940 At31August2020 24,629 |
TANGIBLEASSETS Freehold (CONTINUED) Property Charity £'000 Cost At 1 September2020 34,459 Additions Disposals At31August2021 34,459 Depreciation At 1 September 2020 9,830 Charge for year 689 EliminatedonDisposals At31August2021 10519 Netbookvalue At.31August2021 23.940 At31August2020 24,629 |
TANGIBLEASSETS Freehold (CONTINUED) Property Charity £'000 Cost At 1 September2020 34,459 Additions Disposals At31August2021 34,459 Depreciation At 1 September 2020 9,830 Charge for year 689 EliminatedonDisposals At31August2021 10519 Netbookvalue At.31August2021 23.940 At31August2020 24,629 |
Freehold AssetsAgricultural Lane Under Equipment Construction £'000 £'000 £'000 664 2,424 261 825 31 (7) 664 3,249 285 198 25 7 216 664 3.249 69 |
|---|---|---|---|
| ,459 | 664 3,24 |
||
| 23.940 24,629 |
|||
| 664 21424 63 |
| Cost At 1 September 2020 Additions Disposals At31 August 2021 Depreciation At 1 September 2020 Chargeforyear Eliminat~onDisposals At31August2021 Netbookvalue At.31August2021 At31August2020 |
ITand Furniture Computer and Motor Equipment Equipment Vehlcles Totals £'000 £'000 £'000 £'000 2,049 11,064 110 51,031 154 130 1,140 7 2.203 11.194 110 52.164 1,952 8,413 86 20,479 101 640 9 1,464 7 |
|
|---|---|---|
| 2,053 9,053 95 21,936 150 2.141 15 30,228 |
||
| 97 2.651 24 30.552 |
| DEBTORS | ||
|---|---|---|
| FeesRecoverable Debt Provision Amountsowedby subsidiary companies Other debtors PrepaymentsandAccruedIncome |
Group 2021 2020 £'000 £'000 896 904 !382} !452} Charity 2021 2020 £'000 £'000 896 904 !382} {452} |
|
514 452 17 38 510 758 \ 041 1,248 514 452 226 302 4 22 509 757 1~~1~~253 11533 |
| Group | Charity | |||
|---|---|---|---|---|
| 2021 | 2020 |
2021 | 2020 | |
| £'000 | £'000 |
£'000 | £'000 | |
| Net obligations under finance | ||||
| leases | 129 | 129 |
129 | 129 |
| Mortgage Loans | 437 | 437 |
437 | 437 |
| Feeschargedinadvance | 564 | 460 |
564 | 460 |
| FeesPaidin Advance forAutumn | ||||
| Term | 3,737 | 2,447 |
3,737 | 2,447 |
| Entrance Fee Deposits | 780 | 640 |
780 | 640 |
| Trade creditors | 422 | 299 |
395 | 277 |
| Other taxationandsocial security | ||||
| costs | 268 | 217 |
280 | 289 |
| Amountsowedtosubsidiary | ||||
| companies | 503 | 216 | ||
| Othercreditors | 1,069 | 1,426 |
1,064 | 1,429 |
| Accruals | 1,220 | 743 |
596 | 399 |
| 81626 | 61798 |
81485 | e-723 | |
| a) b) c) . d) Entrance fee deposits Feeschargedin advance Net obligations under finance leases Mortgage loans Entrancefeedeposits are due as follows: Within1Year Between2and5years After5years FeeschargedInadvanceare due 88follows: Within1Year Between2and5 years Natobligationsunderfinance leasesare due88follows: Within1Year Between2and5years Mortgageloansrepayableby Instalmentsare dueasfollows: Within1Year Between2and5years After5years |
Group 2021 2020 £'000 £'000 1,774 1,548 37 5 227 356 51399 51836 7,437 7,745 780 640 1,571 1,414 203 134 Charity 2021 2020 £'000 £'000 1,774 1,548 37 5 227 356 51399 51836 7,437 7,745 780 640 1,571 1,414 203 134 |
|
|---|---|---|
| 21554 21188 21554 21188 |
||
| 564 460 37 5 601 465 564 460 37 5 601 465 |
||
| 129 129 227 356 356 485 129 129 227 356 356 485 |
||
| 437 437 1,747 1,747 31652 4.089 51836 61273 437 437 1,747 1,747 31652 4.089 51836 6,273 |
| Deferred income brought forward Release in year New provisionadded Deferred income carried forward |
2021 £'000 2,912 (3,070) 4,496 4,338 2020 £'000 5,120 (5,420) 3,212 2,912 |
|---|---|
| Net incoming resources for theyearto date Adjusl!'Jlentsfor: Mortgage Interest paid Operating surplus Amortisationofintangible fixed assets Depreciation and impairment of tangible fixed assets Loss/(Proflt) on disposaloftangible fixed assets MovementsInworking capital: Decrease/(lncrease) in stock Decrease/(lncrease) in debtors lncrease/(0ecrease) in creditors |
2021 2020 £'000 £'000 1,475 372 270 289 1,745 661 28 49 1,532 1,660 33 19 (87) 207 (336) 2,086 f2,203) 5,617 (223) |
|---|---|
| Intangible fixed assets Tangible fixed assets Current assets Current llabllltles Long term liabilities |
RestrictedUnrestricted Designated Total Funds Funds Funds £'000 £'000 £'000 £'000 60 60 30,345 30,345 30 6,909 5,430 12,369 (8,626) (8,626) (7,437) (7,437) 30 21.251 5.430 26.711 |
|---|---|
| lntanglble fixed assets TangibleflXedassets Current assets Current liabilities Longtermliabilities |
RestrictedUnrestricted Designated Total Funds Funds Funds £'000 £'000 £'000 £'000 66 66 30,716 30,716 11 2,974 6,012 8,997 (6,798) (6,798) (7,745) {7,745) 11 19,213 6.012 251236 |
|---|---|
| FUNDS FUNDS2021 |
|
|---|---|
| Group UnrestrictedFunds General Designated funds: New Boarding House Fund Foundation Fund Totalunrestricted funds Charity UnrestrictedFunds General Designated funds: New Boarding House Fund Foundation Fund Totalunrestrtctedfunds Group&Charity RestrictedFunds Prep - Art prize Building Project COVID-19 Hardship Fund Music Equipment Totalrestrictedfunds |
At1 Income Expenditure September 2020 £'000 £'000 £'000 19,213 23,678 (22,273) 6,000 12 51 25,225 23,729 (22,273) Transfers At31 August 2021 £'000 £'000 633 21,251 (633) 5,367 63 26,681 |
| 19,107 23,511 (22,129) 6,000 12 51 633 21,122 (633) 5,367 63 |
|
| 25,119 23,562 (22,129) 26,552 |
|
| At1 Income Expenditure September 2020 £'000 £'000 £'000 3 (3) 1 7 40 (21) 14 (11) 11 54 (35) Transfers At31 August 2021 £'000 £'000 1 26 3 30 |
| FUNDS(CONTINUED) FUNDS2020 |
|||||
|---|---|---|---|---|---|
| At1 | Income | Expenditure | Transfers | At31 | |
| September | August | ||||
| 2019 | 2020 | ||||
| £'000 | £'000 | £'000 | £'000 | £'000 | |
| Group | |||||
| UnrestrictedFunds | |||||
| General | 17,754 | 23,726 | (23,367) | 1,110 | 19,213 |
| Designatedfunds: | |||||
| New BoardingHouseFund | 7,100 | (1,100) | 6,000 | ||
| FoundationFund | 8 | 4 | 12 | ||
| Totalunreatrtctedfunds | 24,862 | 23,730 | (23,367) | 25,225 | |
| Charity | |||||
| UnrestrictedFunds | |||||
| General | 17,595 | 23,548 | (23,134) | 1,100 | 19,107 |
| Designatedfunds: | |||||
| NewBoarding HouseFund | 7,100 | (1,100) | 6,000 | ||
| FoundationFund | 8 | 4 | 12 | ||
| Totalunrestrictedfunds | 24,703 | 23,550 | (23,134) | 25,119 |
| Group&Charity RestrictedFunds Prep- Art prize BuildingProject COVID-19HardshipFund Totalrestricted funds |
At 1 Income Expenditure September 2019 £'000 £'000 £'000 1 2 1 7 2 9 Transfers At31 August 2020 £'000 £'000 3 1 7 ~~.~~ 11 |
|---|---|
| Within 1 year Within 2 to 5 years |
2021 2021 2020 2020 Landand Other Landand Other bulldlngs buildings £'000 £'000 £'000 £'000 11 21 8 55 44 4 6 55 25 8 61 |
|---|---|
| INCOMEFROM: CharitableActivities DonationsandLegacies InvestmentIncome OtherIncome Non-ancillarytradingincome TotalIncome EXPENDrTUREON: CostofRaisingFunds CharitableActivities TotalExpenditure NetIncome TransfersbetweenFunds NetMovementInFunds FundBalancesat111September 2019 FundBalancesat31•August2020 |
Unrestricted Funds £'000 22,183 1,255 38 13 241 |
Restricted Total Funds 2020 £'000 £'000 22,183 9 1,264 38 13 241 9 23,739 1,013 22,354 23,367 9 372 |
|
|---|---|---|---|
| 23,730 1,013 22,354 23,367 363 363 24,862 |
|||
| 9 372 2 24,864 |
|||
| 25,225 | 11 25,236 |
| Turnover Expenses ProfitonActivitiesbeforecharges FixedAssets Net CurrentAssets/(liabilities) Net.Assets Funds InterestpaidtoCharityon lntercompany loans |
DickerEnterprises Limited 2021 £1000 697 (637) 60 2020 £'000 730 (731) (1) letchfleldProperties Limited 2021 £'000 816 (796) 20 2020 £'000 1,821 (1,773) 48 |
|
|---|---|---|
| 2021 £'000 200 22 222 222 2020 £'000 222 (46) 176 176 2021 £'000 9 9 9 2020 £'000 10 10 10 |
||
| 2021 £'000 3 2020 £1000 3 2021 £'000 2020 £'000 |