REGISTERED COMPANY NUMBER: 01757474 (England and Wales)
REGISTERED CHARITY NUMBER.. 288148
REPORT OF THE TRusfEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021
FOR
ST CATHERINE'5- SPEECH AND LANGUAGE
BrlÈht Brown Limited
Chartered Accountdnts
Statutofy Auditor
EKchange House
St. Cross Lane
Newport
Isle of Wlght
P030 5BZ

ST CATHERINE'S- SPEECH ANO LANGUAGE
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST2021
Pb8e
Report of theTrustees
I to 10
Report of the Independent Audltors
11 to 13
Statement of Flnanclal Actlvltles
14
Balance Sheet
15
Cash Flow Statement
16
Notes to the Cagh Flow Statement
17
Note5 to tho Flnanclal Statements
18 to 31
Detailed Statement of Financlal Actlvitles
32 to 33

STCATPbERINE'S- SPEECH AND LANGUAGE
REPORT OF THE TRUSTEE5
FOR THE YEAR ENDED 31 AUGUST 2021
The trustees who are also directors of the charity fr&r the purposes of the Companies Act 2006, present their report with
the financial ststements of the charity for the year ended 31 August 2021. The trustees have adopted the provisions of
Accounting and Reporting by Charitie5'. Stdtement of Recommended Prè¢ti¢e applicable to charities preparin8 their
account5 in accordante with the Financial Reporting Standard applicable in the UK and Republit of Ireland IFRS 1021
leffeuive l January 20191.
OBJECTIVE5 AND ACYIVITIES
Obhectlves and aims
The relief of sickness. poverty, hardship and distre55, among ch?Idren. young people, their famllies and other persons who
aTe Social￿ excluded from society as a result of their speech, language and communicatlon needs, by.. providing a range of
servitÈs which include 4dvancin8 their education through the running of a residential Special School and sixth foym centTe.
vocatlDnal training. inte8raied therapy, outreach services and advice and support to parents afid families,. and raislng
public awareness of the issues affetting thildren. young people and their familles and others with speech, language and
communic3tion needs.
Ptsbllc benefit
The bo8rd of Trustees understands the requirements as set out in Section 17151 of the Charities Act 2011 and takes the
view that St Catherine's completely satIsf￿S all guidance issued by the Cfvailty Commi$510ll Wlth regard to publlc benefiL
ACHIEVEMENT AND PERFORMANCE
Charltsble adivltles
Introduttlon
St Catherine's Is a national charity working wlth children alld young PPDplè wilh severe and lifelong speech. language and
communication needs and a rnn8e ol associated issues includlng autistic spectrum conditions. dyspraxia and dyslemla.
Our aim is to support and enable our children and young people to achieve more than they ever thought possible, To this
end, our centre in the hèart ol Ventnor on the Isle of Wi8ht provldes..
specialist education through a school and sixth form college.,
intensive speech and language therapy and occupathonal therapy which 15 integrated into the curriculum,.
resldential care piovision, which supports St Catherine's to deliver a wèking day curriculum,
life-relevant ski115 and opportunities to devèlop social Interaction to prepare youn8 people for their transillon to
more independent adulthood,
an occupational therapy outreach service,. and
out-of-school activitie5.
Our approach..
svpports ellective le8rnin&
builds conlidence and self-esteèm. and
reinforcès the importance of providlng wide-ran8inB personal development opportuThitie5.
Page I

ST CATHERINE'S- SPEECH AND LANGUAGE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 1021
ACHIEVÉMENT AND PERFORMANCE
Charftsble artlvltles
Strateglc plan
Our Strategic Plan for 2019-2024 is detailed below:
Our ahm is to 5UPPOrt and enable our chfjldren and young people 10 3chleve more than they ever thought possible.
St Catheflne's is a safe, welcoming and nurturing school whère children and young peoplÈ, fèmilies and staff are included
arkd valued e4ualW. Together we provide opportunitie5 for all students io grow in tonfidence and develop a love ol
learning both wlthln school and in the wider communlty. All are encouraged and challenged to become as independent as
they can to prepare for1Sfe beyond St Catherine'5.
We aim to..
provide a fully Integrated programme of education, therapy and care to ensure that each chlld and young person
has the very best opportunities tts fulfll their potential within their school career,
deliver a holistic yet Individual curriculum that s￿pportS the academic and personal development of eath student
through encourdeing responsibility, independeTh￿ and self-awareness and developing resilience aTrd the skills to
make positive choices,.
promote open and honest communication throughout the school and its wider comffiunity..
set high standaid5 and expectations for all children and young people according to their Individual needs and
celebrate diversity by promoting pertonal, soci31, moral. spirStual and cultural development. encouraging
creativity. and ￿nSpIrIng Tespect for themselves and others regardless of race. gender, age, religion or cultural
belièfs, sexual orientation or disability,. and
continu311y develop a professional and approachable staff team who inspire confidence in the 5UPPOrt given to
children and young people and their familie5 acro55 all areas of the school.
Stratgglc Int•nt
Our Cent￿ in the heart of Ventnor provides excellent specialist and integrated education which Includes..
person31ised teaching and learningi
intensive speech, language and occupational therapy whbch is integrated into the curriculum,
the development of life4elewant skills,. and
residentlèl provision.
Our strategic intents are four-fold.
1. Stu
ents and th r familie
We intend to..
increase and 5UStain the number ttf students,. and
offer more services to the Island community and a wider range of students and thelr famllles.
Page 2

ST CATHERINE'S. SPEECH AND LANGUAGE
REPORT OF THE TRUSTEE5
FOR THE YEARENDED 31 AUGUST2021
2. ProvlsSon
5t Catherine's will:
be 3 centre of excellence for children and young people with Special Educational Needs and Dlsabilltie5,' and
offer outstandlng provision in all areas.
3. Premlses
All elements of our environment will be flt for purpose and will support and promote outstanding leamin8.
We wtrll maximise the use of all our a￿et$.
4. Chari
The objects of Ihe charity wlll be upheld, namely.. The relief of sickfiéss, poverty, hardship and distress, among
chlldren, young people, their farnilies and other persons who are socially excluded from Society as a fesult of their
speech. language and communicbtion needs, by.. provldinE a range of services whSch include advancing their
education through runnlng of a residential Special school and sixth form centre, vocational tTaining. integrated
therèpy, outreach services and advice and support io parents and fam511es' and raising publlc awareness of the
issues aflecting children, young people and their families and others with speech, language and communication
needs.
-In their financial planning and execution, St Catherine's trustees aim to prepare and deliver an annual budget with
surplus of at least 2% to contribute towards 3 fund for the continued improvement of the fabric of the School.
Performance re¥lew for the perlod 1st September 2020 to 31st August 2021
St Catherfne'5 School and Slxth Form College
Across the 2020-21 year. St Catherine's suppofted 73 students a8ed 9 to 19, from the 151È of Wlght and across the LIK
through its school and six*h form college. Each of our students has complex special educational needs and each has
hislher own I￿￿1¥1￿UalISed edueatlonal and care pro8ramme integrating high quality learnin& speech, language and
octupatlonal therapy and life-ielevant skills. The number of day students continues to increase and St Catherine's have
adapted to this employlng a Family ￿8150￿ Officer, who works dosely wSth the familie5 of local children.
Durifig the financial year. St Catherine's had one Ofsted inspection. In july 2021, ofsted undertook a social care
inspection which judged the overall residential experiences and progTess of children and young people at 5t Catherine's as
good. The report by inspectors noted.,
'Children are supported by committed and skilled stall. who clearly understand each child's needs. This is underpinned by
the mulii-dt5ciplinary approach to care ènd education, including occupational therapy, speech and language therapy and
health need5, ensuring that there Is genuine consistèncy across all settinE5. The stèff's understandin8 of children'5
communication styles and needs allow5 children to learn self-expressioft. share personal choices and become more
independent"
St Catherine's tontinues to be well-supported by parents. please see below s¢me recent testimonia15 frorn parent5..
Page 3

STCATHERINE'S- SPEECH AND LANGUAGE
REPORT OF THE TRUSTEES
FOR THE YEAR ÉNDED31 AUGUST 2021
'Slnce joinin8 St Catherinc's September 2020, our son has made very pleasing overall progress with his speech.
language and tommunication due to the 5pecialised co-ordinated, inteEfated and individual support he receive5. He is
more confident young adult, his anxiety has signific3ntly reduced, and he is now developlng good friendshlps Wlth his
peers"
"My son is an enviwonment where he has a volce where hls opinion is valued. He feels he belong5 and is part of
something very special"
'Yhe Impact of the Speech and Language Team - and the whole sthool approach . has been 5i8nilicant. Our daughtef
confidence has increased as she 15 better able to identify and communicate her need5.... She feels heard - and she is
happy. Thank you"
"Although my d)Ild has only been at St Catherine's for half a term. thanks to the stalf at the school, she's settled in really
well and loves her new school. Already, I can see some improvements iy¥ heT speech and tokierence and thi5 in just 6
week51 Both my thikl and l are very excited to have joined St Catherirte's and look forward to makin81ots more progre55
in the future"
"St CatherSne's nurturlng has w'ven me a chlld who is happy and a joy to be around".
Changes to Trustee Board
Withift the year, there has been signifltant changes to our trustee board and a concerted effort has been made to recruit
mole trustees to the boaril who have a wide range of skills and experlences to strengthen the board. Please see below a
list of our trustee board and the experiencè that have brought to the Board-.
Dudley Delannoy
Trustee/Governo
Elected
Care Agency Consultant, Formerly Vice Chalr at Rowan's Hospice.
safeguarding Director 4 Youth in Hampshire, Qualified 5oclal
Worker an¢J Registered M3nager Award
Peter Elliott
Elected
TrusteelGovernoT
Chartered Clinical 3nd Health Psychologist, Senlor Lecturer at
University of Southampton, trustee of IOW Youth Trust,
trustee ol the British Association for Behavioural and
Q>gnitive Psychotherapv
Tony Flower
Elected
Trustee/Governor
Chartered Surveyor
Martyn Heather
Elected
TfUStee/Governor
Former PE Teacher and School Senior Leader, Professional
football club academy dlrector, most recently Head ol
Education and Welfare at the Piemler League
Hayleyjarvis
Elected
Trustee/Governor
Head of English and Llteracy at M3nor Green School ISEN
school in Maidenheadl
Page 4

ST CATHERINE'S- SPEECH AND LANGUAGE
REPORT OF THE TRUSTEES
FOR THE VEARENDE031 AUGUST2021
Barbara Kelly
Appolnted
Trustee/Governor
Former Specialist leamln8 5VPPOrt tutor with thirty years
experlence in wofkin6 with Dyslèxic, DyspraxiclDCD and
ASC adults in further and hi8her Education. Prevlously a
member of the Executive Committee Df the Association of
Dy51exia Specialists in Higher Education IADSHEI with
particular research fDCUS on Women and Dyslexia,
Screening for Dyslexia in Prelingually Deaf Adults and
Visual Instability and Dyslexla. Receivèd the ADSHE
Research anil Innovation Award in 2019.
Dan Kitcher
Elected
rrusteelGovernor
Qual￿tY Management and Health, Safety & Environment Manager & Audittsr. formor
Schogl Govefnor of two Hampshire special schools. Son Is ex-studenl of 5t Catherine's
College and Post-19.
Sarah Loftus
Elected
Trustee/GDvernor
Former Science Teacher, Former Marketing Consultant for Independent Schools
John Metcalfe
Elected
Vice Chair
Chief Executive for the151e of Wight Council
Graham Pengelly
Elected
Chair of Governor5
Chartered Civil Engineer. Over 30 years experience as Éovernorltrustee on variou5
Island Primary, Middle, High and Special Schools, some as Chair. Extensive
experience in construction/service industry at Director level.
Clive Powe
Appolnted
Trustee/Governor
Fomier manager of re8l5tered care home for adults with learnin8 di5abilltles
Caroline Weeks
Appointed
Tru5tee/Govemor
Formertranslator, governor at 5halfleet and Yarmouth Federation Schools
Roger Wih5hirè
Parenl Governor
Heads UP the European legal team for 3 US company where he ha5 been for 8 years.
PrSor to that he w35 at BAE Systems.
Ro8er'5 son Jonny has been 3t st Catherine's for the last 6 years and is now In the sixth
for
Pa8e 5

5T CATHERINE'S- SPEECH AND LANGUAGE
REPORT OFTHE TRU5TEE5
FOR THE YEAR ENDED 31 AUGUST 2021
In additlon to its provision of speciallsl educatlon via the school and sixth form college, durin8 the year the charity
ontSnued to diversify its services, including..
-the COT)tinued developmènt of occupational therapy outreach services for local young people, with
assessrnent and illterventions commissioneij by the Isle of Wight local authority and prwately as well as the provision of
training sessions lor schools and other in5titutlons;
-part grant funded piogramme of holiday courses for student5 Wlth additional need5 SUPPOrted by Co-op
Local Community Fvndin8.'
-summer holiday letting5 of the off-site residential houses,. and
-supportln8 a local town council to run Its Summer Moliday programme through room hiring.
FINANCIAL REVIEW
Finantlal Posltlon
Total Income for the year to 31 August 2021 was £3,632.52012020.. £3,162,205) afid total expendituTe in the year wa5
£3,358,60512020- £2,780,170I. Total assets as at 31 August 2021 We￿ £3,648,88912020'. £3,374,23113nd total liabilities
weTe £179.917 12020.. £179,174)
The Charity reports an overall surplus for the year, before other recogni5ed gains and losses, of £273.915 12020..
£382,035). A surplus of £235,26212020.' £260,8561 was from unrestricted funds and a surplus of £38,65312020.' £121,179)
was from restricted funds.
Total fund5 to carry forward at 31 August 2021 were £2,427,972 12020.. £2,154,057) of which £2,195,968 12020..
£1,960.7061 were unrèstricted funds and £232,￿)4 12020.. £193,351) were restricted funds. Designated funds within
unrertrScted funds atvK)unted to £1,005,01312020'. £1,012,188). Details of designated funds arè included in note 16.
Capitsl commitments amounted to £513,000 * the year end for the acquSsition of student accommodation, which
completed in October 2021.
Pgnsion deflclt
The dccounts show a pension scheme deficit based on a'flnal cessation valuation" of £1,041,00012020.' £1,041,000> as we
ceased as an employer in the fund on 31 August 2019.
We are seeking readmittance to the penslon scheme which we believe will be approved meaning that ihe liability wlll be
recalculated to an ongoing basis for the year eh(Jed 31 August 2022 if we ale Successful.
Fundralslnm
The charity organises a number of its own fundrai5inÉ events or 51APPOlts third-party event organisers, but ljoth have been
limited by the pandemic. No professional fundraising organisations, aEency or commerclal participator h3s been or wlll be
employed, as a matter of current pollcv.
The Charity is registered wlth the Fundraising Re&￿tator and conforms to its Code of Stand3rds. It also complies with
guidelines published by the Charity Commission and the Institute of Fut)draising. The Charity monitors fundraising on Its
behalf by attendance at events, or where public collections are being made, by identlfy checks on collectors, issuing clear
guidelines on practitss and instructions for remitting funds, and issuing letters and badges of identification with contact
(Jetails for the chai+ty. No cornplaints regarLlin8 fundraising were YecÈived during the year.
Page 6

CATHERINE'S- SPEECH AND LANGUAGE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31AUGU5T 2021
Reserves poIIcv
In its fihancial planning and execution, St Catherine's trustees aim to prepare and delive¥ an annual budget with a surplus
of at least 2% of total income to contribute towards the aim of building reserves equating to one term's operaling costs.
The charity's 3udi(ed accounts fof the year enéhnB 31 August 2021 show..
an operational year end surplus of £273,915 lequivalerht to +7.5% of total income),. and
free reserves of £1,190,955 which represents 106% of i term's operating costs ol £1,119.535
As part of the charity's over311 risk Management strategy, trustees will continue to monitor c105ely the general reserves,
fund with a VIEW to achieving a p051tlon equivalent lo one term's operating costs, including reviewing assets currently held
wbth a view to converting surplus assets into C35h resour￿5.
FUTURE PLAN5
The Impact of the OngoingG)ronavlrus Pandeml
During the coronaviru5 pandemic which Started In Spring 2020, as per Governmeni guldance St Catherine's ￿Mained
opened to it5 51udents and provided a ri]nge of home le8rnlng resour￿5 lor Students who did not attend school.
Business Continuity Plafi and risk assessment. with the latest Government guidance, were applied to ensure the safe
running of the school. Our fflain source of funding- student fee5 from Local Authorities- has been unaffeded and we have
not ftsrloughed 5t3ff. The one linancial area that has been negativety affected is Dur fundraised income, as the
restriclions have meant that fundraising events have been tsnable to go ahead. while some grani funde￿ have diverted
their efforts to support cav5e5 directly afferted by thè outbreak.
Future developments
As det3lled In our previous report, during this year the charity's Post 19 Service was convèrtetg into a specialist post 16
institution and a new company was set up. St Catherlne's Speeth ènd Language for Adult5 and Youn8 Adults, This
company is a wholly-owned subsidiary of St Catherine's- Speech and Language an¢J began irading in September 2021. As
such, the accounts to year end August 2021 include a contrlbution from this service, however, from September 2022 this
service will have separate audited accounts.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is cpntrolled by its governing document a deed of tTU5t, and constitutes a limited company. Ilmited bv
guarantee. as defined by the Companie5 Act 2006.
Recrultment and appoTrntment of new trustees
Trustees are recruited openly and thiough recommendation from appointlng bodie5 aad through parentlfamily
represe￿tation. In addition to this the board has two staff elected governors. The appolntlnB bodies are a5 follow5..
-The Bishop of Portsmouth
-The Portsmouth Diocesan Educatton Committee
The Isle of Wight Local Authority
The Isle of Wight College
Elected tru5tee5 are, after nomination, elètted by majorlty vote. Staff govemors are nomlnaled, seconded and lif neededl
voted foK by the staff body. Parent governo￿/trustees are parents of chlldren either aL or recently at, st C3therine's.
The day to day management of the charity is the responsibility of the prinupal.
Page 7

ST CATHERINE'5- SPEECH ANO LANGUAGE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED31AUGUST2021
The Pay Commlttee has reSpOns￿bIlItY for setting the rernuneration of Key management personnel In line with ind￿stry
standards.
Inductlon and tralnln8 ol new trustèes
All new trustees and governors receive induction training and training during the year on the work ol the Charity and on
5peciflc issues. Some of thls trainlng is combined with staff training.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Risk Management
The trustees have a r¥sk management 5trate8y which comprises..
Regular rewlew5 of the risks the Charity may face,.
The establishment of Systems and procedures to mitigate those risks identlfled in the review5.' and
The implementation of prO￿dureS designed to minimise any potential impact on thè Charity. should those risk5
materialise.
REFERENCE AND ADMINISTRATIVE DETAILS
Re8lStered Company number
01757474 (England and Wales)
Reglstered Charity number
288148
Re8lstered offl¢e
Grove Road
Ventnor
Isle of Wlght
P038 ITT
Truste
Elizabeth Bowen Iresigned 3118120211
Catherine Daish-miller Ire5igned 1911120211
AnthO￿Y Flower
PaulineJame5 Iiesigned 3V8120211
Daniel Kitcher
John Metcalfe
sally Moore (resigned 5111120201
Graham PÈngellv
Linda Pratley Iresi8ned 3ty8120211
Samantha Rooney Ifesigned 2018120211
Adam F¢iel (resigned 3118120211
Sarah Loftus lappointed 16111120201
David Wearin8 lappointed 16111120201 Iresi8ned 17111120211
Peter Elliott (appointed 27111120201
Dudley Delannoy lappoi￿ted 1617120211
Martyn Heather (appointed 1617120211
Hayley Jarvis lappointod 1617120211
Caroline Weeks (appointed 1617120211
Julia Kelly lappointed 1617120211
Clive Powe (appointed 1617120211
Page 8

ST CATHERINE'S- SPEECH AND LANGUAGE
REPORT OF THE TRUSTEES
FOR THE VEARENDED31AUGUST2021
Staff Appolnted Governors
Jane Marriot- resigned 3110812021
nlor Mana8Ément Team
Sarah ThorrpsDn
Jenv Snaith - appointed 01.09.2020
Jane Marriott- resigned 31.08.2021
Victoriè fvliddleton- appointed 26.08,2021
Nes Fradgley
Kayleigh Sp3rke5- appointed 01.09,2020
Tom Evans
Becky Revert
Zoe Janvrin
Susan Graves
Vite Prlntlpal
Head ol Care
Head of School
Head of Sixth Form
Head of Occupational Therapy
Head of Speech and Language Therapy
Head of Finance
Marketing and FundraisTrng Manager
Company Secretary
Zoe Janvrin
Audltoys
Bright Brown Llmrted
Chartered Accountants
Statutory Auditor
Exchange House
St. Cross Lane
Newport
Isle of Wight
P030 56Z
Bankers
NatWe5t
135 BishopsÈate
London
EC2M 3UR
IMPACT OF THE CORONAVIRUS PANDEMIC
During the coronaviru5 pandemic which Started in Spring 2020, as per Government gu¢d3Nce St Catherine's rem3ined
opened to its students and provlded a range of home learning resources for students who did not attend School.
Business Continuity Plan and risk assessment were applied to ensure the safe runnlng of thp school. Our main Sour￿ of
funding- student fee5 from Local Authorities has b@.en un3ffÈcted and we have not fvrlouBhed staff. The one financial
rea that has been negatively affected is our fundraising income, as the restrictions have meant that fundraising evenls
have been un3ble to 80 ahead, while some grant funders have diverted theii effort5 to support causes direct￿ sff@cÉed bv
the outbreak.
A5 well a5 affeUin6 income, the Covid outbrèak also affected expenditure as staff vacancles, which were
budgeted for remained unfilled anij planned maintenance was put on hold due to Contracto￿ closing due to the natlonal
ockdown in Spring 2020. With this in mind, the 5urplu5e5 detailed In these account5 3rÈ unexpectedly high and we do not
anticipate sud) surpluses in subsequent years.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The tru5tee5 (who are also the direttors of St Catheiine's - Speech And Language for the purposes of cornpany lawl are
responsible for preparing the Report of the Trustees and the financial 5taiements in accordance with applicable low and
United Kingdom Accountlng Standards (United Kingdom Ge￿erallY Accepted Accounting Practi¢el.
Page 9

ST CATHERINE'S- SPEECH AND LANGUAGE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGVST 2021
sfATEMENT OF TRUSfEES' RESPONSIBILITIES. contlnued
Company law requires the tru5tee5 to prepare linantial statements for e8ch h'nancial year which give a true and lair
view ol the State of affair5 of the ch3ritablp tompany and of the incomin8 resources and application of resource5,
including the Income and expendlture, of the charitable company for that peTiud. In prepaTin8 those finantial
atements. the trustees are required to
select sultable accountlng policies and then apply them con515tentlyi
obseNe the methods and prlnciples In the Charity 50RP,.
make judgements and estim3te5 that are reasonable and prudent,
prepare the financial statements on the 8oin8 contèrn basis unless It 5s Inappropriate to presume that the
charitable company will continue in business.
The trustees are reswjnsible for keepln8 proper accounting rectsrds which d￿ScIO$e with reasonable accuracy at anv
time the financial position of th& charitable company and to enable them to ensure that the financial 5tatementS
comply with the Companie5 Act 2006. They aFe a150 regptsnsible for safe8uardingthe 85sets of the charitable company
and hence for taking reasonable steps forthe prevention and detection of fraud and other irregulartties.
In so far a5 the trustees are aware..
there is no relevant audlt Information of which the charitable company'5 auditors are unaware,. and
the trustee5 have taken all 5tep5 that they ought to have t3k&n to make themselves aware of any relevant audit
information and to establish that the auditors are aware of that information.
AUDITORS
The audilor5. 8ri8ht Brown Limited, will be proposed for re-appointment at the forthcoming Annual General
Meeting.
Thi5 report has been Pfepared in accordance with the 5p*ial provislons of Part 15 of the Companies Act 2006 relhting
to Small companie5.
Approved by order tsf the board of trustees on ..
Graham Pengelly- Tr
ee
Page 10

REPORTOF THE INDEPENDENT AUDITORSTOTHE MEMBERSOF
ST CATHERINE'S- SPEECH ANO LANGUAGE
Opinlon
We havp. audlted the financial statement5 of St Catherine's - Speech And Language Ithe '¢harltable company'l for the
year ended 31 Au8USt 2021 which cornprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow
Statement and notes to the financial statements, including a summary of significant accounting policies. The financial
reporting framework that has been applied in thelr preparation Is applicable law and United Klngdom Accountlllg
standards Iunited Kingdom Generally Accepted Accounting Practi￿1.
In our opinion the financial statemevTrt5'.
give a true avid fair view of the state of the charltable company's affaiTS a5 at 31 August 2021 and of Its Sncoming
resources and application of resources. including it5 income and expenditure, for the year then ended.,
have been properly prepared in accordance wlth United KinÈdom Generally Accepted Accountin8 Practice,. and
have begn prepared in accordance with the requirements of the CDmpanies Act 2006.
Ba51s for oplnion
We conducted our audit in accordance with Internatlonal Standards on Audltin@ IUKI IISAS IUKII and applicable law.
Our responsibilitie5 under those standards are further described in the Auditors, responsibilities for the audit of the
financial 5tatEmentS section of our report. We are independent of the charitable company in accordance with the
ethical requirements that are relevant to ovr audlt of the finan¢ial statements in the VK including the FRC'S Ethical
standard. and we have fulfllled our other ethlcal responsibilities in accordan￿ with these reouirèment5. We believe
that ihe audit eviden￿ wè have obtained is sufficient and appropriate to providè a basis for our opinion.
Concluslons relatin8 to golrtg concern
In atsditing the finantial statements, we have con¢lutJed that the trustee5' use of the goin8 conceTn basis of a¢£ounting
In the preparatlon of the financ131 statement5 is appropTlate.
Based on the Work we have perforrned, we have not identified any materlal uncertainties velaiing to events or
condition5 thal, individually or collectively, may cast signifi¢)nt doubt on the charitable company's ability to continue
as a 80ing con￿rn for a period of at least twelve months from when the financlal statement5 ale authorlsed for issue.
Our responsibilities and the respon5ibilitie5 of the trustees wlth respect to going concem are described in the relevant
sectlons of this repoft.
Other Information
The trustees are responsible for the other information. nie other inforfflation comprises the information indvded in
the Annu31 Report, other than the flnancial statement5 and our Report of the Independent Audltors thereon.
Our opinion on the financial statement5 does not cover the other information and. except to the extent otherwisè
èxplicitly stated in our report, we do not exprÈs5 3ny form of assurance conclusion thereon.
In connèctlon with our dudit of the financial statement5, our responsibility is to read the other information and, in
dc*ing so, consider whether the other information is materially incon515tent with the flnancial statements or our
knowledge obtained in the audit or otherwise appear5 to be materially misstated. If we Identify such material
inconsistencies or apparent m(Iterial misstatement5, we 3re required to dete¥mine whether this gives rise to a
matefial misstatement in the finanelal statements themselves. If, based on the work we have performed, we conclude
that there is a material misstatement of this other information, we are requifed to report that fact. We have nothing
to report ihls re8ard.
Opinlons on othér matters prescr5bed by the Companles Art 2006
n our opinion, based on the work undertaken the course of th& audit..
the information given in the Report of the Trustees for the financial year for which the financial ststements are
prepared is conslstent with the financial slatements,. arbd
the Report of the Trustees has been prepared in actordance with applicable legal requirements.
Page 11

REPORTOFTHE INDEPENDENT AUDITORSTOTHE MEMBERS OF
ST CATHERINE'S- SPEECH AND LANGUAGE
Matter5 on whlch we arè requlred to report by exceptlon
In the light of the knowledge and understanding of the charitable cDmpany and it5 envlronment obtained in the
course of the audit, we hève not identified material misstatements in the Report of the Trustees.
We have nothlng to report in respert of the lollowing matters where the Companies Act 2006 requires u5 to repDrt to
vou If, in our opinion..
deguate accounting records have not bèen kept or returns adequate for our audit have not been iecÈlvÈd from
branche5 not visited by us., or
the financTr31 siatements are not in agreement with thÈ accounting records and returns,. or
certaln disclosure5 of twstees, remunÈration specified by law are not made,. or
we have not received all the Information and explanhtions we require fo¥ our audit,. or
the trustees were not entitled to take advantagè of the small companles exemptittn from the requirement to
prepare a Stiategic Report or in prepailng the Report of the Trustee5.
Responsibllltles of trustees
As explained more fully in the Statement of Tru5tees' Responsibilities, the trustees Iwho are a15Q the dlrectors of the
tharitable company for the purposes of ctsmpany lawl are responslble for the preparation of the financlal statement5
and for being satisfied that they give a tr￿e and fair view, and for Such internal control as the trustees determine is
necessary to enable the preparation of financial statements that are free from material mi55tatement, whether due to
fraud or erroF.
In preparing the financial statements. the trustèès are responsible for assessing the charitable company's ability to
continue as a going concern, di5cltssing, as applicable, matters related to going Cohcern and using the Boing concern
basis Df accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or
have no realistlc alternativè buf to do $0.
Our responsibilltie5 for the audlt of the financlal statements
OUT objedives are to obtain ieasonable assurance about whether the financial stJtemÉnts as a whole are free from
material misstatement, whether due to fraud or g.rror, and to Issue a Report of the Independent Auditors that includes
our opinion. Reasonable assurance is a high level of a55urance, but 15 not a guarantee that an audlt conducted in
accordance wilh 15As IUKI will always detert a material misgtatèment when it exists. Mlsstatement5 can arise fiom
fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected tts
influence the ecgnomic decision5 of users taken on the basls of these linantial staiements.
IrreBularlties, including fraud, afe instances of non-compliance wilh laws and regulations. We design procedures In
line with our responsibilities, Qutllned above, to detect material misstatements in respect of iiregularitles, including
fraud. The extent to which our pro￿dUleS are capable of detecting irTe8ularitie5, including fraud is detallèd below:
As part of planning our audit we determined materiality and assessed the fisks of material mi55tatement In the
financial statements. BasÈd on our understanding of the charitable Company. the princip31 rlsks are that of
managèment tsverride of controls, potential fraud In revenue recognition, existence and recovery of trade debtors and
the interp￿tatIon of relevani disclosures surrounding defined benefit penslon schemes. The engagement team
considered these risks and audit procedure5 were undertaken as follows..
Discussions with manhgemÈnt regarding the ability to overrlde controls and review of processes in place tg confirm
no override had occurred.
Extension of sample Sizes relating to revenue recognition and trade debtors.
RÈview of management lournals.
Review of flnancial statement dlsclosures, including completion of a relevani disclosure checklist.
Theie are inherent limitation5 in the audSt procedures described abovÈ, and the further removed non-compllance wlth
laws and regulatitsns is from events and transactions reflected in the financlal slatements, the le55 Ilkely we are to
become aware of it. The rlsk of not detecting a material misstatement due to fraud 15 higher than the iisk of not
detecting one resulting from error, as fraud may involve dellbefate concealment or inrentional misrepresentations.
Page 12

REPORTOFTHE INDEPENDEMfAUDITORSTOTHE MEM8ERS OF
STCATHERINE'S. SPEECH AND LANGUAGE
A further destrlption of our responsibillties for the. audit of the financial statements Is located on the Finantial
Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of
the Independent Auditor5.
Use of our report
Thi5 report is made solely to the charitable company'5 member5, as a body, in accordance with Chaptef 3 of Part 16 of
the Companies Act 2006. Our audit work has been undertaken so that we ¥night state to the charitable company's
members those matters we are required to state to them in an auditors, report and for no other purpose. To the
fvllèst Èxtent permitted by law, we do not accept or assume Fesponslblllty to anyone other that) the Charitable
company and the charitable Company's members a5 a body, for our audit work, for this report, or for the opinion5 we
have formed.
Oavid Stevens ACA (Senior Statutory Auditor)
for and on behalf of Bright Brown Limited
Chartered Accountant5
Statutory Auditor
Exchange Hov5e
St. Cross Lane
Newport
151e of Wight
P030 58Z
Date..
PaEe 13

ST CATHERINE'S- SPEECH AND LANGUAGE
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNn
FOR THE YEAR ENDED 31 AUGUST 2021
2021
Total
fund5
2020
Total
funds
Unre5trirled
fund5
Restricted
fund
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
37,026
207,432
244.458
164,689
Charitable actlvlties
Educational services
3,358,850
3,358,850
2,961,789
Other trading actlvitie5
Investrnent illcome
Other intome
29,166
46
29,166
46
25,618
589
9,520
Total
3,425,088
207,432
3,632,520
3,162,205
EXPENDITURE ON
Raising funds
58,370
58,370
60,476
Charltable artlviiles
Educational services
3,131,456
168,779
3.300,235
2,719,694
Total
3,189,826
168,779
3,358,605
2,780,170
NETINCOME
235,262
38,653
273,915
382,035
RECONCILIATION OF FUNDS
Total funds brought forward
1,960,706
193,351
2,154,057
1,772,022
TOTAL FUNDS CARRIED FORWARO
2,195,968
232,004
2,427,972
2,154,057
The notes form part of these financlal statements
Page 14

ST CATHERINE'S- SPEECH AND LANGUAGE
BALANCE SHEET
31AUGUST ZOII
2021
Total
lund5
2020
Total
funds
un￿$t[1(ted
fund5
Restrlcted
fund
Notes
FIXEO ASSETS
Tan8ible ass@ts
13
1.874,807
1,874.807
1,503,188
CIJRRENT ASSETS
Debtor5
Cash at bank
14
1,132.286
4a9,792
1,132,286
641,796
1,193,860
677.183
232,004
1,542,078
232,004
1.774,082
1,871,043
CREDITORS
Amounts falling due within one year
15
1179,9171
1179,9171
1179,1741
NET CURRENT ASSETS
1,362,161
232,004
1,594,165
1,691,869
TOTAL ASSEtS LESS CURRENT LIABILITIES
3,236,968
232,004
3,468,972
3,195,057
PENSION UABILITY
17
11,041.0001
11.041,0(101
11,041,0001
IIEY ASSETS
2,195,968
232,004
2,427,972
2,154,057
FUNDS
Unrestricted funds
RestriEted funds
16
2,195.968
232,004
1,960,706
193,351
TOTAL FUNDS
2,427,972
2,154,057
These financial 5tatement5 Ikave been prepared in accordance with the prov￿$10￿5 appllcable to charitable companies
subject io the small companies regime.
The fin
ncial statemÈnts were approved by the Board of Trustees and authorised lor issue on
..'21.. and were signed on it5 behalf by..
Graham Pengelly-Tr
The notes form part of these financial 5tatement5
Page 15

ST CATHERINE'S- SPEECH AND LANGUAGE
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2021
2021
2020
Notes
Cash flows from operatlng actlvlties
Cash generated from operations
432,722
384.318
Net cash provided by Operati￿ activities
432,722
384,318
Cash flows from investlng aetlvltles
Purchase of t3n8ible fixed assets
Sale of investment property
1468,1091
1122,9521
260,000
Net cash lused inllprovided by investlng activities
1468,1091
137,048
Change In cash and cash equSvaleTrts in the
reporting perlod
Cash and cash equivalent5 at the be8lnnlng
of the reportlng perlod
135,3871
521.366
677,183
155,817
Cash and cash equlvalents at thè end of
Ihè reportinK pèriod
641,796
677,183
The notes form part of thesè financial statemenis
Page IS

ST CATHERINE'S- SPEECH AND LANGUAGE
NOTES TO THE CA514 FLOW STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2021
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING AcfiviTIES
2021
2020
Nèt Income for the reportlng perlod la5 per the Statoment of FIna￿la1
Activltiesl
Adlustmènts for:
Depreciation charges
Decredsellincreasel In debtors
Increase in crèditors
273,915
382,035
96,490
61,574
743
88,474
1115,4631
29,272
Net cash provlded by operatlons
432,722
384,318
ANALYSIS OF CHANGES IN FUNDS
Al 1.9.20
Cash flow
At 31.8.21
Net cash
Cash at bank
677.183
135,3871
641,796
677,183
135.3871
641,796
Total
677,183
135,3871
641,796
Thè notes form part of these fbnanclal statements
PagÈ 17

ST CATHERINE'S- SPEECH AND LANGUAGE
NOTE5 TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2021
ACCOUNTING POLKIES
Basls of preparfnE the financial Statements
The financial statements of the charitable companyi which 15 a publlc benefit entity under FRS 102, have been
prepared in accardance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement
of Recommended Practice applicable to charities preparing their acrounts in accordancè with the Financlal
Reportin8 Stand3rd applicable In the UK and Republic of Ifeland IFRS 1021 leffÈctive I larbuary 20191,, Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the
Companies Act 2006. The financial statements have been prepared undei the historical tost convention.
The charitable company is ie8istered in England and Wales and is Ilmited by guarantee without share capital.
The Yegi5tered office address i5= Grove Road, Ventnor, Isle of Wight, P038 ITT
Income
All income Trs recognised In the Staternent of Flnancial Activities once the charity has entitlement to the funds.
it is probable ihat the income will be ￿ceiVed and the amount can be measured reliably.
Voluntary Income
Oondtion5 ale recogni5ed In the Statement of Financial Activities on¢e the charitablè company has entitlement
to the fund5, il is probable that the income will be received and the amount can be measured reliably, thi5 IS
generally upon receipt Df the donation.
Grants and pupil PfÈmium income is recognised when unconditional element to the irbcome is passed to the
charitable company. Where there alè performance related terms and tondiiions that must be met before
unconditional entitlement passes to the charltable company, the income 15 recogni5ed once it is hlghly
probable that these will be met. Where no such conditions are in plèce the incomè is recognised when it is
received.
Actlvitles for generatlng funds
This conslsts of shop income and accommodailon Income. The shop Income is recogni5ed in the Statement of
Flnancial Artivities, net of VAT whèn the goods are delivered. Accommodatlon In¢ume is recognised based on
the date of the stav.
Investment Income
Rental income Is recognised in the peiiod to which the rental income relates.
Incomlrtg Resources from Charftable Artlvltles
Income from charitable actlvlties is recognised, net of VAT and all oiher sales taxes when the services are
provided. Thi5 consists of School fees income payable by the guardian of the chlldren or the local authorily.
Expendlturè
Liabilities are recognised as expenditure as soon as there is a legal or ¢onstructive obligation committlng the
charity to that expenditufe. it is probable that a transfer of economic benefits will be required in settlement
and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis
and has been cla55ified under hea(JfjnBs that aggregate all cost related to the category. whe.re costs cannot be
dlrectly attributed to particular headings they have been allocatèd tts activlties on a basis consistent Wtth the
usè of reSoUr￿s.
Tan8lble flxed èssets
Depreciatlon Is provided at the following annual rates in order to write off each asset over it5 estimated useful
Freehold property
Long leasehold
not provided
Over the peritrd of the lease
Page 18
continued...

ST CATHERINE'S- SPEECH AND LINGUAGE
NOTES TO THE FINANCIAL 5TATEMENTS- contlnued
FOR THE YEAR ENDED 31 AUGUST 2021
ACCOUNTING POLICIES- contlnued
Tanglble fSxed assots
Improvemenis io property
Plant and machinery
Straight Ilne over 3 50 years
Straight line over 3- 50 year5
It is the charity's policy not to depreciatè freehold property as the trustees believe they are held in good repair
and annual ifmprovements are carried out. The trustees consider thSs PDllcy best reflects the value of freehold
propeTty.
Investment property
Investment property 15 shown at the most Yecent valuation. Any aggregate Surplus or deficit arising from
changes in fair value In transferred to thè revaluation re5eTVe.
Depreciation is not provided in respect of inve5trnent properties. This pulicy complies with the requirements of
FRS 102 and the Charities SORP however It represents a departure from the requirement5 of the Companie5
Act 2006, which require5 depreciation to be provided. The trustees consider that this pollcy Is necessary in
order that the accounts mav Blve a true and faiT view.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accountlng
Unfgstricted lunds can be used in accordance with the charStable objectives at the d15cretion of the trustees.
Restrlcted funds can only be used for particular restricted purposès within the objects of the charity.
Restriaions arise when specified by the donor or when funds are raised for particvlar restricted purposes.
Further explanation of the nature and purpose of each fund included in the notes to the financial
statements.
Hire purchase and leasing commltments
Rentals paid under operating leases are chaf8ed to the Statement of Flnancial Activities on a Straight Ilne b￿lS
over the peylod of the lease.
Penslon costs and other post-retirement beneflts
The Charlty operates three staff pension schemes providlng benefits based on final pÈnsionable pay a5 follows-.
lil Teacher's Pension Scheme
Thls is a statutory, contributory final salary scheme. It is an unfunded scheme which is provided for by the
Superannuation Act 1972 under which retirement and other supeiannuation benefit5 are paid out of monles
provided by Parliament.
lill Isle of Wight Council Pen510n Fund
This is a Lotsl Government Ponsion Scheme run by the 151e of Wlght Council as administering authority. The
Fund is maintained by the Isle of Wight Council under regulations made under the Superannuations Act 1972.
As the scheme 15 set up by statute, payment of the scheme benefits 15 guaranteed by law. Contribution5 foi
both schemes are tharged to the Statement of Financial Activities so as to spfead the costs of pensions over
employees, working lives with the organisation. Any 3ctuarlal gains or losses relating to the scheme is
recognise.d in the Statement of Financial Actlvities in accordance with FRSIO2.
liiil Scottish Equltable group Personal Pension Scheme
The Charity has set up a separate Group Pewsonal Pension Scheme. This is a defined contribution scheme In
whlch the contributions are being charged to thè Statement of Financial Activities so as to spread the cost of
pensions over the employees, working Ilves with the organbsation.
PaBe 19
continued...

ST CATHERINE'S- SPEECH AND LANGUAGE
NOTES TO THE FINANCIAL STATEMENTS. continued
FOR THE YEAR ENDED 31 AUGUST 2021
DONATIONS AND LEGACIES
2021
2020
Donations
Gift 3ld
Fundraising activitles
Grants
12,863
3,727
13,998
213,870
34,182
6,465
11,795
112,247
244,458
164,689
Grants received, included In the above, 3¥e as follows..
2021
2020
Education Funding Agency- Devolved Formula
Educalion Funding Agency- Bursary Fund
Education Funding Agency- Pupil Premium
Education Funding A@ency- Spgrt5 Premlum
Education Funding Agency- Teachers Pay
Education Funding Agency- Teachers Pension Scheme
Educ3tion Funding Agency- Covid Catth-up Premium
Isle of Wight Counol COVID Buslnes5 Support
Isle of Wi8ht Council- Contain Outbreak Management Fund
151e of Wight Council- Summer School
Isle of Wight Councll Winter Grant Stheme
Co-op Local Community Fur)d
other Minor Grants
62,791
1,766
13,731
11,525
4,375
29,097
59,895
12,336
8,000
2,100
1,584
2,233
4,437
31,172
2,523
14.825
7,0(
12,250
33,946
10,000
531
213,870
112,247
OTHER TRADING ACTIVITIES
2021
2020
Shop income
Accommodation, rent and other Sncome
6.106
23,060
4.600
21,018
29,166
25,618
Page 20
contlnued...

STCATHERINE'S- SPEECH AND LANGUAGE
NOTE5 TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDEO 31 AUGUST 2021
INVEsfMENT INCOME
2021
2020
Investment income
46
589
INCOME FROM CHARITABLE AcllviTIES
2021
2020
Activity
School fees- Private and
local authorlty funded
School fees- EFA funded
P05t 19 income
Educatlonal gervices
Educational servlces
Edutational services
2,130,498
605,833
622,519
1.791,699
691,667
478,423
3,358,850
2,961,789
RAISING FUNDS
Ralsing donatlons and legacles
2021
2020
Staff costs
Books, materials and Small equipment
51,294
5.297
49,893
4,116
56,591
54.009
Other tradln8 artlvltles
2021
2020
Shop expenses
1,779
6,467
A8greg3te amounts
58,370
60,476
Page 21
contlnued...

ST CATHERINE'S- SPE ECH AND LANGUAGE
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 AUGUST 2021
CHARITABLE AcTIV￿lEs COSTS
Support
cost5 (see
note 81
Direct
Costs
Totals
Educatlonal Servi￿5
2,706,637
593,598
3.3￿,235
SUPPORT COSTS
Governance
costs
Other
Totals
Educational servlces
557,824
35,774
593,598
Support costs con55st of the day to day running c05ts of tbÈ charity. Material support cost5 include geneial
repairs to the property, depieciation charges, gès and èlectricity charges and food supply costs.
INCOMEIIEXPENDITUREI
Net incomellexpenditurel 15 Stated after chargingllcreditingl..
2021
2Q20
Auditors, remuneration
Auditors, remuneration for non audlt work
Oeprecialion- owned assets
Other operating leases
5,310
3,050
96,490
2,466
4.930
2,910
88,474
29,945
io.
TRUSTEES. REMUNERATION AND BENEFITS
No trustees received any remuneration or other benefits for the year endèd 31 August 2021 nor for the year
endèd 31 August 202Q.
Trustees, expenses
During the year total expenses paid on behalf of trustees amounted to £nll12020 .. NIII.
Page 22
ontinuèd.

ST CATHEAINE'S- SPEECH AND LANGUAGE
NOTES TO THE FINANCIAL STATEMENTS- tontlnued
FOR THE YEAR ENDED 31 AUGUST 2021
ii.
STAFF COSTS
2021
2020
Wages and 5alarlès
Social securitv Costs
Other pension costs
2,190.608
179,609
176,866
1,814,546
142.344
106,080
2,547,083
2,062,970
The average monthly number of èmployee5 during the year was as follows..
2021
43
2020
43
50
Full time
Part time
93
93
The number of employees whosè employee beneflts (excluding employer pension c05tsl exceeded £60.000
was=
2021
2020
£80,001- £90,000
The princlpal is con5i(lered key management personnel. The total employee beneflts for this post were
£81,793.
12.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTlVtriES
Unrestrictèd
funds
Restricted
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Dornatlons and legacies
37,167
127,522
164,689
Charltable actlvlties
Educational services
2,961,789
2,961,789
Other tradlng activities
Investment Income
Other income
25,618
589
9,520
25,618
589
9,520
Total
3,034,683
127,522
3,162.205
EXPENDITURE ON
Ralslng fund5
60,476
60,476
tharltable actlvitle5
Edurational services
2,713,351
6,343
2,719,694
Total
2,773,827
6,343
2,780,170
Page 23
Continued...

ST CATHERINE'5- SPEECH AND LANGUAGE
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 AUGUST 20ZI
12.
COMPARATIVES FOR THE STATEME1￿ OF FINANCIAL ACTIVITIES- continued
Unrestricted
funds
Restricted
fund
Total
fund5
NET INCOME
260,856
121,179
382,035
RECONaLIATION OF FUNDS
Total funds brought forward
previously rèported
Prior year adjustment
2,000,850
1301,0001
72,172
2,073,022
1301,0001
As fe5tated
1,699,850
72,172
1,772,022
TOTAL FUNDS CARRIED FORWARD
1,960,706
193,351
2.154,057
The above note shows the Statement of Financjal Actfjvlties, split by fund, for the year ended 31 August 2020.
13.
TANG18LE FIXED ASSETS
Improvements
to
propeTty
Freehold
property
Long
leasehold
Plant and
machinery
Totals
COST
At I September 2020
Addilions
372,032
16,479
350,789
1,418,742
80,717
1,246,625
36,603
3,053,878
4b"8,109
At 31 August 2021
372,032
367,268
1,499,459
1,283,228
3,521,987
DEPRECIATION
At I September 2020
Charge for year
16,479
2,807
482,146
36,390
1.052,065
57,293
1,550,690
96,490
At 31 August 2021
19,286
518,536
1,109.358
1,647.180
NET BOOKVALUE
At 31 August 2021
372,032
347,982
980,923
173.870
1,874.807
At 31 August 2020
372,032
936,596
194,560
1.503,188
Page 24
continued...

ST CATHERINE'S- SPEECH AND LANGUAGE
NOTESTO THE FINANCIAL STATEMENT5. continued
FOR THE YEAR ENDED 31 AUGUST 2021
14.
DEBTORS.. AMOUNTS FAWNG DUE WITHIN ONE YEAR
2021
2020
Trade debtors
Other debtors
Accruetl income
Prepayrnents
981,504
67,507
34,305
48,970
1,025,759
27,227
110,476
30,398
1,132,286
1,193,860
Of the £981,504 of trade debtors, the charlty has recelved £641,759 between the balance sheet date antl the
date that the Trustees, repolt ha5 been approved.
15.
CAEDITORS., AMOUNTS FALUNG DUE w￿NIN ONE YEAR
2021
2020
Trade creditors
Social sècurity and other taxes
Other creditors
Accruals and deferred incorne
19,111
77,133
39,035
44,638
46,327
71,499
48,405
12,943
179,917
179,174
16.
MOVEMENT IN FUNDS
Net
movement
in fund5
Transfers
between
funds
At
31.8.21
Al 1.9.20
Unrestricted funds
General fund
Fixed Asset Fund Including Rev31uation
Reserve
Pension Scheme Dèficit
Repair5 fund
College building fund
948,518
331,751
189,3141
1,190,955
1,503,188
11,041,0001
200,000
350,000
196,4891
439,314
1,846,013
11,041,000)
200,000
350,0001
1,960,706
235,262
2,195.968
Restricted funds
Restrictpd Fund
193,351
38,653
232,004
TOTAL FUNDS
2,154.057
273,915
2,427,972
Page 25
continued...

ST CATHERINE'5- SPEECH AND LANGUAGE
NOTESTO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 AUGUST 2021
16.
MOVEMENT IN FUND5- contlnued
Net movement In fund5, included in the above are as follows..
Incoming
resources
Regources
expended
Movement
in funds
Unrestrlcted fund5
General fund
Fixed Asset Fuftd Induding Revaluailon
Reserve
3,425,088
13,093,337)
331,751
196,4891
196,4891
3.425,088
13,189,8261
235,262
Restrlrted funds
Re5trlded Fund
207,432
1168,7791
38,653
TOTAL FUNDS
3,632,520
13,358,605)
273,915
Comparatbves for movement In funds
Prior
Net
movement
In funds
Transfers
between
funds
veav
adjustment
At
31.8.20
At 1.9.19
Unrestrlcted funds
General fund
Fixed Asset Fund Including
Ilevaluatlon Reserve
Pens¢on Scheme Deflcit
Repairs fund
College bulldlnE fund
1,038,897
349.330
1439,7091
948,518
1,701,953
1740,0001
188,4741
1110,2911
1,503,188
11,041,000)
200,000
350,000
I301,￿0)
200,000
350,000
2.0(X),850
1301,0001
260,856
1,960,706
Regtrlcied fund5
Restricted Fund
72,172
121,179
193.351
TOTAL FUNOS
2,073,022
1301,0001
382,035
2,154,057
Page 26
¢ontinued.-.

ST CATHERINE'S- SPEECH AND LANGUAGE
NOTES TO THE FINANCIAL STATEMENTS- contlnuad
FOR THE YEAR ENDED al AUGusf 2021
16.
MOVEMENT IN FUNDS- contlnued
Comparative net movement in ftsnds, included in the above are as follows..
Incoming
our￿5
Resources
expended
Movement
In funds
Unrestrkted funds
General fund
Flxed Asset Fund Includlng Revaluation
Reserve
3,034,683
12,685,353)
349,330
188,4741
88,4741
3,034,683
12,773,827)
260,856
Restricted fund5
Restricted Fund
127,522
16,3431
121,179
TOTAI FUNDS
3,162,205
12,780,1701
382,035
A current year 12 months and prior year 12 month5 combined positlon is as follows..
Net
movement
in funds
Prior
vear
adlu5tment
Transfers
between
funds
Al
31.8.21
At 1.9.19
Unfestrlcted funds
General fund
Fixed Asset Fund Includlng
Revaluatlon Reserve
Pension Scheme Deficit
Aepairs fund
1,038,897
681,081
1529,0231
1,190,955
1,701,953
1740,0001
1184,9631
329,023
1,846,013
11.041,0001
200.000
I301,C￿oI
2W,000
2,(X)0,850
1301,CQOI
496,118
2,195,968
Re5trlcted fund5
Restricted Fund
72,172
159,832
232,004
TOTALFUNDS
2.073,022
1301,IX)01
655,950
2,427,972
Page 27
continued...

ST CATHERINE'S. SPEECH AND LANfjUAGE
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 AUGUST 2021
16.
MOVEMENT IN FUNDS- contlnued
A current year 12 months ar￿ prior year 12 months combined net movement in funds, included in the above
are as follows..
Incoming
resources
RÈsources
expended
Movement
ith funds
Unrestrlcted funds
General fund
Fixed Asset Fund Includlng Revaluatltsn
Reserve
6,459,771
15,778,690)
681,081
184,9631
1184,963
6,459,771
15,963,653)
496,118
Re5trlcted funds
Restricted Fund
334.954
1175,1221
159,832
TOTAL FUNDS
6,794,725
16.138,7751
655,950
Details of the funds are a5 follows..
Oeslgnated Funds
Fixeil Asset fund including revaluation resèrve
The trustees have decided to show reserves relating to fixed asset5 separately to free reserves. Thls fund also
includes the revaluation reserve which represents the amount by which investments exceed their hlstorical
cost.
Pension scheme deficit
The pension scheme deficlt fund represents the projected valuè of the pension scheme assets less liabililies.
Repairs fund
The truslees have allocated £200,000 from cash funds held io hold for major iepaiTg and improvements that
have been identified.
College building fund
The tru5teÈs have identified a site to expand the school operation and it is intended ihat the charity would
purchase thi5 in the next financial year. The ¢ost of the site is £350,[￿ Wh￿Ch is the amount designated.
Restrlcted Funits
Education funding agency 16-19 bursaries
This fund represents moneys paid to the school by the EFA to be spent on the development and continuation
ol services for vulnerable 16-19 year olds.
Department for Education pupil premium
This fund represents moneys paid to the school by DFE via local authorities to be spent on Improving the
Cademic performance of dlsadvantaged student5.
Education funding agency capital and rnaintenance
Pa8e 28
continued..

ST CATI4ERINE'S- SPEECH AND LANGUAGE
NOTES TO THE FINANCIAL STATEMEMf5- Cohtlnued
FOR THE YEAR ENDED 31 AUGUST 2021
16.
MOVEMENT IN FUNDS- ¢ontlnued
Th15 fund represents rnoneys paid to the School by the EFA lo bè spent on improvpmènts, maintenance and
capltal repairs pf buildings and other facilitie5.
There are several minor restricted fund5 which at thÈ year end totalling £17.5C(S whith are due to be spent in
the next accounting perlod.
17.
EMPLOYEE BENEFIT OBLIGATIONS
DÈfined benefit scheme
The Charity contribute5 to thè Isle of Wight Countil Pension fund. This is a 5eparatety funded scheme under
whlch the Isle of Wi8ht CDunciI has set up a separale pension fund. The school is permitted to participate in
the scheme under the terms of an 'administration agreement, for non teachin8 employees.
This is a defined beneflt scheffle in the UK. A full actuarial valu31ion was carried out a5 at 31 August 2019, the
date at which the employer ceased to be a member of the scheme, by a qualified independent actuary. The
Isle of Wight Council establishes the rates of contribution for both employees and employers participatlng in
the scheme. The current rates for employees are variable and 20.3% for employers. The employer is also
seeking re admission to the scheme in the yedr ended 31 August 2022 at which point the liability wlll be
recalculated.
Details of thE schemè are as follows..
The amounts recognised in the Balance Sheet are as follow5..
Defined benèfit
pension plans
2021
2020
Present value of funded obligations
Fair value of plan assets
13,843,000> 13,843,000)
2,802,1KKJ
2,802,000
11,041.0001 11,041.0001
Present value of unfunded obligations
Def4CIt
11.041,0001 11,041.0001
Net liability
11,041,000) 11,041.000
The amounts recogni5ed in the Statemènt of Financial Activities are ds follows..
2021
2020
Current service cost
Pèst service Cost
Actual returFI on plan assels
PaEe 29
continued..-

sr CATHERINE'S- SPEECH AND LANGUAGE
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 AUGUST 2021
17.
EMPLOYEE BENEFIT QBUGATIONS- continued
Chan6e5 in the present valtsè of the defined benelit obligatlon are as follow5..
Oefined benefit
pension plans
2021
2020
Openlng defined benefit obligation
3,843,000
3,843,OCQ
3,843,000
3,843,000
Changes in the. fair value of scheme a55et5 ale as follows-.
Defined benefit
pension plans
2021
2020
Opening fair value of scheme assets
2,802,IJ)O
2,802,OCMJ
2,802,OCKI
2,802,000
The amount5 recognised in other recognised galns 3nd10sses are as follows:
2021
2020
The major categoyles of scheme assets as a percentage of total scheme assets are as follows:
Defined benefit
pension plans
2021
2020
Equitles
Bond5
Property
Principal èctuarial assumptions ai the Balance Sheet date lexpre55ed a5 weighted averages)..
2021
2020
Discount rate
Future salary increases
Future pen55on incre3se5
PaBe 30
continued...

ST CATHERINE'S- SPEECH AND LANGUAGE
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 AUGUST 2021
17.
EMPLOYEE BENEFIT OBLbGATIONS- contbnued
Dellned ¢ontrlbution scheme
The Ch31ity contributes to two other separate staff penslon schemes for ellglble employee5 who also make a
contribution. Details of these schemes are Set out below..
Teacher5, Pension Scheme
Thls is a contribulofy scheme run by Tea¢hers' Pensions. The beneflts of the scheme are governed by thÈ Teachers,
Pension Reg￿latIonS 1997. The scheme automatically covets full time teachers who have not opled out of the
scherne to make their owTr pension arrangemellts. Members of the scheme pay at varyTrng ratg% ranging from 7.4%
to 11.7% of their salary; the school pays a contribution of 16.48% of the member's salary.
Teachers. contTibutiun5 are on a 'pay as you go, basis and the school's conlri17Vtions are credited to the Exchequer
under arrangements covered by the SuperanDuation Act 1972. The Teachers, Pension Regulations require an
nnual account, the Teachers, Pension Accounl, to be kept of receipts and expenditure. Any exces5 of income over
expenditure ￿5 deemed to be invested In government secuiities and notional interest is added to thè account, the
resultant balance is known as the'nolional fund,.
Scottlsh Equltable Group Personal Pen510rt S¢home
The Chaflty a150 operates a defined contributlon group personal pensSon scheme, the assets of which are held
separately from those ol the Chaflty in an independently administered fund. The charge for the year represents
thé tost of employer's contributions to the Scheme for the year for those employee5 Opting to join the Scheme.
Conlrlbutions ar& made by both employee and employer based mainly on a per￿nt8&e of the employee'5 salary.
The employer's contribution is between 1% and 4%.
18.
CAPITAL COMMITMENTS
2021
2020
Contrdcted but not Provided for In the financial statements
513,000
The CDmTllltment relates to the acquisition ol student accommodation which was completed in October 20213nd
partially lunded throu8h a bank103n of £396,000. with the femainder being fvnded by the general reserves of the
charity.
19.
REL4TED PARTY DISCLOSURES
Durin8 the year, the Charity received income of £i.ocKJ12020.' £1,050) from the Trustee5 under normal operating
condition5.
Page 31