## **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| |Cumulativepercentagesat**eachgrade**forGCSEs|Cumulativepercentagesat**eachgrade**forGCSEs|Cumulativepercentagesat**eachgrade**forGCSEs|Cumulativepercentagesat**eachgrade**forGCSEs|Cumulativepercentagesat**eachgrade**forGCSEs|Cumulativepercentagesat**eachgrade**forGCSEs|Cumulativepercentagesat**eachgrade**forGCSEs|Cumulativepercentagesat**eachgrade**forGCSEs| |---|---|---|---|---|---|---|---| ||**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 3**emissionsInmetric tonnes CO2e
Business travelInemployee owned vehicles
**Total GrossemissionsInmetrictonnes CO2•**
**Intensityratio**tonn•**CO2e per pupil (1024)**||| ||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |**Notes**
**INCOMEFROM:**
Charitable Activities
3
Grants,Donations and Legacies
**4**
Investment Income
Other Income
Non-ancillary tradingincome
**TotalIncome**
**EXPENDITURE**ON:
9
CostofRaisingFunds
Charitable Activities
Total**Expenditure**
NetIncome
Transfer between Funds
**NetMovement**InFunds
Fund**Balanceat**1st**September**2020
**19**
**FundBalanceat**31•**August**2021
**19**||Unrestricted**Restricted**
**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 outflow**from**financing**
**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**|| |---|---| |Cost**ofRaising**Funds
Non-ancillary trading
FinanceCost
**Charitable Activities**
Teaching
Welfare
Premises
Support
GovemanceCosts
**Expenditure**from**otherfunds:**
Restricted
Total
ANALYSIS OF**EXPENDITURE**2020
**CostofRaisingFunds**
Non-ancillary trading
FinanceCost
**Charitable Activities**
Teaching
Welfare
Premises
Support
GovernanceCosts
Total|Staff
Other**Depreciation**
**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**
Other**Depreciation**
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.31**August2021**
**Depreciation**
At1 September2020
Chargeforyear
EliminatedonDisposals
At31August2021
**Netbook**value
At31August2021
At31August2020|IT**and**
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.31**August2021**
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.31**August2021**
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.31**August2021**
23.940
At31August2020
24,629|**Freehold**
**Assets**Agricultural
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||IT**and**
**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 dueas**follows:
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|**Restricted**Unrestricted
**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|**Restricted**Unrestricted
**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
Total**unrestricted 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
Total**restrictedfunds**|**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| |Total**unreatrtctedfunds**|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| |Total**unrestricted**funds|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
Total**Income**
**EXPENDrTUREON:**
CostofRaisingFunds
CharitableActivities
Total**Expenditure**
**NetIncome**
**TransfersbetweenFunds**
**NetMovement**InFunds
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**
**Interestpaid**toCharityon
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**|