REGISTERED COMPANY NUMBER: 01757474 (England and Walesl
REGISTERED CHARifY MUMBEIL. 288148
REPORT OF THE TRU5fEE5 AND
CONSOUDA7ED FINANCIAL sfATEMElm FOR THE YEAR ENDED 31 AUGUST 2023
FOR
STCATHERINE'S- SPEECH ANO LANGUAGE
Bright Brown Limited
Chartered Accountants
Statutory Auditor
Exchange House
St. Cross Lane
Newport
Isle of Wight
P030 5BZ

ST CATHERINE'S- SPEECH AND LANGUAGE
coMrENTS OF THE FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
Page
Report oftheTrustees
Ito8
Report of the Independent Audltors
9toll
Consolidated statement of Financial Activities
12
Consolidated Balan￿ Sl*et
13
Parent ststement of Financial Artivities
14
Parent Balano Sheet
15
Consolidated Cash Flow Statement
16
Notes to the Consolidated Cash Flow Statement
17
Parent Cash Now Ststewent
18
Notes to the Parent Cash Flow Statement
19
Notes to the Financial Statements
20to37
Detailed Statement of Financial Activltles
38to40

srcATHERINtS- SPEECH AND LANGUAGE
REPORT OF THE TRUSYEES
FOR THE YEAR ENDED 31 AU611sf 2023
The trustees who are also directors of the charity and the group for the purposes of the Companles Act 2006, present thèlr
report with the financial statements of the charity for the year ended 31 Au8USt 2022. The tru5tee5 have adopted the
provisions of Accounting and Reporting by Charitie5: Statement of Recommended Practi￿ applicable to charitie5
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 1021 (effective l January 20191.
OBJEcfivES AND AmrnES
Oblectives and alms
The relief of sickness, poverty, hardship and distress, among children, young people, their families and other persons who
are socially excluded from Socbety as a result of their speech, language and communication needs, by= providing a range of
services which incllbde advancirkg their education through the running of a residential special school and sixth fomi cent￿.
vocational trainin& integrated therapy, outreach services and advice and support to parents and families: and raising
public awareness of the issues affecting children, young people and thwr families and others with speech. language and
communlcatlon needs.
Objectives- St CatherSnds- Speech and Language for Adults and Young Adults
The object5 of the Charity are the relief of sickness, poverty, hardship and distress among young adults and adults who are
socially excluded from society as a result of their speech, language and tommunication needs, in particular bv=
(al providing education, vocational training, integrated therapy, outreach servlees. advi￿, support and care:
Ibl raising public awareness of the issues affecting those with speech. language and communication needs.
Publit bènèfft
The boaid of Trustees understands the requirements as set out in Sealon 17151 of the Charities A¢t 2011 and takes the
vièw that 5t Catherine's completely satisfies all guidance Issued by the Charity Commission wlth regard to public benefit.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Introduction
st Catherine's is a national charity working wlth children and young people with sèvere and lifelong speech, language and
communication needs and a range of associated issuès including autistic spectrum ¢onditions. dyspraxia and dy51exia.
Our airn 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 heart of Ventnor on the Isle ofWi8ht provides..
specialist educatlon through a school and sixth forrn Collegè..
intensive speech and language therapy and occupational therapy which is integrated into the ￿rrIcUlum.
residential care provision, which supports St Catherine's to deliver a waking day curriculum;
lrfe-relevant skills and opportunities to develop social interèction to prepare young people for their transition to
more independeni adulthood,.
St Catherine's Post 19 Provision a specialist Post 16 instltutlon deliverin8 a tailored service of education, therapv,
residential accommodation and sUPPOrt to develop 1ndepetjden￿ skills,. and
out-of-school activities.
Page I

STCAThERINE'S- SPEECH AND LANGUAGE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AU6usf 2023
OUT approach..
supports effective learning;
builds confidence and selfosteem,. and
reinforces the importance of providing wide-ianging personal developmènt opportunities.
Strate85¢ plan
Our Strategic Plan for 201￿2024 is detailed below-
Our aim is to support and enable our children and young people to achieve more than they ever thought possible.
St Cathèrine's is a safe, welcoming and nurturing school where thildren and young people, famhlies and staff are included
and valued equally. Together we provide opportunitie5 for all students to grow in confidence and develop a lovè of
learning both within school arbd in the wider community- All are encouraged at)d challenged to become as independent as
they can to prepare for life beyond St Cètherine's.
We aim to:
provide a fully integrated programme of education, therapy and Ca￿ to ensure that each child and young person
has the very best opportunities to fvlfil their potential within their school careèr-
deliver a holistic yet individual cufficulum that supports the academic and personal development of each student
through encouraging responsibility. independence and self-awareness and developing resilience and the skills to
make positive choices-
promote open and honest ¢ommunication throughout the school and it% wider community..
set hhgh standards and expettations for all children and young people according to their individual needs and
lebrate diversity by promoting personal. social. moral. spiritual and cultural development, encouraging
creativity. and insphring respect for thèmselves and others regardless of ra￿, gender. age, religion or cultural
belièfs. sexual orientation or disability.. and
continually develop a professional and approachable staff team who inspire confidence in the support given 10
thildren and young people and their families across all areas of the school.
Page 2

S¥ CATHERINES- SPEECH AND LANGUAGE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2023
Strategic intent
Our centre in the heart of Ventnor provldes excellent specialist and integrated education which inclLtdes.'
persgnalised teaching and learning;
intènsive speech, langua8e and occupational therapy which is integrated into the ¢urrrculum-
the development of life-relevant skills.. and
residential provision.
Our strategic intents are four-fold.
l. Students and
ir famili
We intend to:
increase and sustain the number of students- and
offer more services to the Islarbd community and a wider range of students and their families.
2. Provision
St Catherine's will=
be a centre of excellènce for children and young people with Special Educational Needs and Disabilitles- and
offer outstanding provision in all areas.
3. Premises
All elements of our environment will be fit for purpose and will support and promote outstanding learning.
We will maximise the use of all our assets.
4.ch
The objects of the charity will be upheld, namely.. The relief of sickness. poverty, hardship and dlstress, among
children. young people. their families and other persons who are 50cièlby excluded from society a% a result of their
speech, language ènd communication needs, by.. providing a range of services which indude advancing their
education through the running of a residential special school and sixth form centre. vocational trainin& integrated
therapy, outreach seNices and advice and sUPPOrt to parents and families; and raisinE publi¢ awareness of the
issues affecting children, young people and their frdmilies and others with speech, language and communication
needs.
-In their f￿nanCIal planning and execution. St Catherine's irustees airn to prepare and deliver an annual budget with
a surplus of at least 2% to contribute towards a fund for the continued improvement of the fabrit of the school.
Page 3

ST CATHERINE'S- SPEECH AND LANGUAGE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2023
Perforniance revlew for thé perlod tst September 2022 to 3tst August 2023
St Catkrine's School, Sixth Form College and Post 19
Across the 2022-23 year. St Catherine's supported 104 studènts aged 8 to 25. from ihe Isle of Wlght and across the UK
through its school, sixth form collège and Post 19 prov¢sion. Each of our students has complex special educational needs
and each has hislher own individualised educational and residential programmè integrating high qualbty leamin& speech,
language and occupational thèr3py and lrfe-relevant skills.
In March 2023, the residential pr￿lsiOn for St Catherine's School and College was inspected by Ofsted and judged
Outstandin& Highlights from the report include:
°Stude¥)ts flourish through accessing the residentlal provision In the school. They receive warm and nurturing care and
support from the dedicated siaff team, who enjoy their roles"..
e student council has a tremendou5 influènce across the school with well-mat)aged groups in the school and sixth
fomi. It is exceptionalty well oreanised, and studet)ts are passionate about their roles In the council. The proce55
èmpowers students to collaborate with peers and staff while representing them and advocating others".
e safeguarding approach in the school is exemplary. Vigorous measures are used when serious intidents are
rèported, and thorough risk assessing processes are completed that demonstrate dear monitoring systems that assures
student safrf.
"Leaders have an exceptional knowledge of all the students in thesthool and regularly review children's progress against
their agreed goals and targets".
FINANCIAi REVIEW
Financial Positlon
Total Income for the year to 31 August 2023 was £4,949.79012022.' £4,270,723) and total expenditure in the year was
£4.760,00412022- £4.159,9821. Total assets as at 31 August 2023 were £5,935.73212022'. £4,283,166) and total liabilities
were £2.166,23312022= E703.4531
The Charity reports an overall surplus for the year, before other reco8nised gains and losse5, of £189,786 12022-
£110,741). A surplus of £117,75312022'. £100,289) was from unrestrlcted funds and a surplus of £72,03312022= £10,452)
was from restrlcted fund
Total funds to carry fO￿ard at 31 August 2023 were £3,582,713 12022= £2,932.9721 of which £3,494.876 12022-
£2,855,587) were unrestricted funds and £87,837 12022= £77.3851 were restricted funds. Designated funds wlthin
unrestricted funds amounted to £3,546.47712022.. £2.846,4521. Details of designated funds are included in note 19.
Pènsion deficit
The charity has been re admitted into the IOW Council Pensioh Fund and the audited accounts have been updated to
show a pension scheme surplus of £599,00012022.. £3,LKJOI following an actuarial gain Dn defined benefit schemes of
£596,￿012022= £539,000) in the 12 months to 31 August 2023.
Page 4

ST CATHERINES- SPEECH AND LANGUAGE
REPORT OFTHETRUSTEES
FOR THE YEAR ENDED 31 AUGUST2023
FINANCIAL RVIIEW- corrtinued
Fundraising
The tharity or8ani5es a number of its own fundraising events or supports third*arty event organtsers. but both have been
limited by the pandemic. No professional fundraising organisations, agenry or commertial participator has been or will be
employed. as a matter of current policy.
The Charity is registered with the Fundraising Regulator and confomis to its Code of Stsndar(ts. It also complies with
gutdelines published by the Charity Commission and the Institute of Fundraising. The Charily monltors fundraisin8 on its
behalf by attendance at events, or where public collection5 ère bein8 made, by identify checks on collectors, issuing dear
guidelines on prartice5 and instrnctions for remitting funds, and issuing letters and badges of identificatlon with contact
detsils for the charity. No complaints regardingfvndraising were received during the year.
Resen*es policy
In its financial planning and execution. St Catherine's trustee5 aim to prepare and deliver an annual budget with a surplus
of at least 2% of total income to contribute toward5 the aim of building reserves equating to one teTrn'S operatlng costs.
The charity's audfted account5 for the year ending 31 August 2023 show=
an operational unrestricted yeai end surplus of £117,753 lequivèlent to +2% of totsl incomel- and
free reserves of £746,377 whith represents 49% of I term's operating costs of £1,537,873
As part of the tharity's over311 risk manag£x)ient strategy. Irustees will continue to monitor closety the 8eneral reserves,
fund with a view to achieving a position equivalent to one term's operating costs, including reviewing assets currently held
with a view to wnverting surplus assets into cèsh resour￿.
SUBSIDIARY UNYERTAKINGS
The charity has 3 subsidiary, bein& St Catherine's- Speech and Language for younB adults and adults Ltd, which is linked
by a unitbng direction under s96 of the Charities Act 2006 and the results of the linked charity have been aggregated with
the reporting charity following best practice as laid down in the Statement of Recomrnended Practice "Accounts and
Reporting by Charities ISORP 20191 issued it7 October 2019.
Page 5

ST CATHERINE'S- SPEECH AND LANGUAGE
REPORTOF THE TRUSfEES
FOR THE YEAR ENDED 31 AUGUST 2D23
ffiiucruRE. GOVERNANCE ANO MANAGEMEf4T
Governing document
The charlty is controlled by its Eoverning document, a deed of trust, and constitutes a limited company, limited by
guarantee, as defined by the Companles Act 2LX)6.
Recruitment and appointment of newtrustees
Trustees are recruited openly and through recommendation from appointing bodies and through parertvfamlly
representation. In addition to this the board has two staff èletted governor5. The appointing bodies a￿ as follows=
-The Bishop of Portsmouth
-The Portsmouth Diocesan Education Committee
- The Isle of Wight Local Authority
- The Isle of Wight College
Elected trustÈes are. after nomination. elected by majority vote. Staff goveinors are nominated. seconded and lif needed)
voted for by the staff bo(ty. Parent governorsltrustees are parents of Children either at, or recently at, St Catherine's.
The day to day mènagement of the charity is the responsibility of the principal.
The Pay Committèe has ￿ponSibl11ty for setting the remuneration of Key mana8ement personnel in line with industry
standards.
InductSon and trainlng olnew trustees
All new trustees and g(wernors receive induction trainin8 and training during the year on the work of the Charity and on
specifi¢ issues. Some of this training 15 combined with stsff training.
stRUCTUR4 GOVERNANCE AND MANAGEMEI
Rlsk Management
The trusiees have a risk management stratw which comprises=
Regular reviews of the rlsks the Charity may face-
The establishment of systèms and procedures to mltigate those risks identified irb the review5; and
The implementstion of protedures designed to mlnimise any potential impact on the Charity, should those risks
materlalise.
REFERENCE A14D ADMINISTrATIVE DETAILS
Registered Company number
St Catherine's- Speech and Language- 017S7474 (England and Wale51
St Catherine's- Speech and Language for Adults and YoungAdults- 12675770
Regi5tertd Charfty number
st Catherinds-speech arbd Language-288148
St CathÈrine's-Speech and Language for Adults and Young Adults- 288148-2
Re8i5tered offi
Grove Road
Ventnor
Isle of Wight
P038 1
Page 6

ST CATHERINE'S- SPEECH AND LANGUAGE
REPORTOF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2023
Trustees
Dudley Delannoy
Pete Elliott
Anthony Flower
Martyn Heather
Hayley Jarvis
Barbara Kelly
Daniel Kltcher
Sarah Loftus
Michael Loftus
john Metcalfe
Graham Pengelly
Clive Powe
Mark Rhodes
Caioline Weeks
Susan Churche5
Resigned June 2023
Appoinied November 2022
Appointed June 2023
Staff Appolnted Governors
Victoria Middleton
Parent Governor
Roger Wiltshire
Resigned August 2023
Sènlor Management Team
Principal
Vice Principal
Head tsf Care
Head of khool
Head of Sixth Form
Sarah Thompson
Jenn Snaith
Vidoria Middleton
Ne5 Fiadgley
Kayleigh Sparkes
Jo Ellioit- appointed 1st September 2022
Tom Evan5
Head of Occupational
Therapy
Head of Speech and
Language Therapy
Head of Finance
Marketing and
Fundraising Manager
Kaylei8h Sparkes- appointed 1st September 2022
Zoe Janvrin
Susan Graves
Company Setrètary
Zoe Janvrin
Audltors
Bright Brown Limited
Chartered Accountants
Statutory AudiloT
Exchange House
St. Cr05s Lane
Newport
Isle of Wight
P030 SBZ
Page 7

sr CATHERINE'S- SPEECH AND IANGUAGE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGU￿ 2023
SrATEMETr￿ OF TRUSTEES. RESPONS181LfflES
The trustees Iwho are also the directors of St Catherine's Speech and Language for the purposes of company lawl are
resw)nsible for preparing the Report of the Trustees and the financial $18tements in accordance with applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accountin8 PractÉcel.
Company law require5 the trustees to prepare financial statèments for each financial year whid) glve a true and fair view
of the state of affairs of the charitable company and of the incoming resources and application of resources, including the
income and expenditure. of the charitable company for that period. In preparing those financial ststements, the trustees
are required to
select suitable accounting polities and then apply them conslstentlv,.
observe the methods and principles in the Charity SORP-
make judgements and estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the tharitable
company will continue it) business.
The trustees are responsible for kèeping proper accounting records which disclose with reasonable accuracy at any time
the firbancial position of the charitable company and to enable them to ensure that the financial statements comply with
the Companies Act 2{￿. They are also responsible for safeguarding the assets of the charitable company and hen¢e for
tskin8 reasonable step5 for the prevention and detettion of fraud and other irregularities.
In so far as the trustees are aware=
there is no relevant audit information of which the Charitable company's auditors are unaware- and
the trustees have taken all stèps that they ought to have taken to make themselves aware of any relevant audit
inforrnation and to establish that the auditor5 are aware of that information.
AUDITORS
The auditors. Bright Brown Limf(ed, will be proFX)sed for r￿appointment at the forthcoming Annual General Meeting.
This report has been prepared in accordan￿ with the special provislons of Part 15 of the Companies Act 2(M)6 relating to
small companies.
Approved
order of the board of trustees on 23 May 2024 and signed on its behalf bv:
Graham Pengelly- T
Page 8

REPORT OFTHE INDEPENDENT AUDITORSTO THE MEMBERS OF
CATHERINE'S- SPEECH ANO LANGUAGE
Opinlon
We have audlted the financial statements of St Catherine's - Speech And Language (the 'parent charitable company'l
and its subsidiary (the 'charitable group'l for the year ende¢J 31 August 2023 which comprise the consolidated and
parent Statement of Financial Acrivities, the ¢onsolidated and parent Balance Sheet, the consolidated and parent Cash
Flow Statements and notes to the financial statements, including a summary of slgnificant accounting policies. The
financial ¥eporting framework that has been applied in their preparation is applicable law and United Kingdom
In our opinion the financial statement%-.
give a true and fair view of the state of the group's and parent tharitable wmpany's affairs as at 31 August 2023 and
of the group and parent incoming resour￿$ and application of resources. induding Its income and expendlture, for
United Kingdom Generally Accepted Accounting Practice. and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We condurted our audit in accordance with International standards on Auditing IUKI IISA5 IUKII and applicable law.
Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the
group and parent financial statements section of our report. We are independent of the group and parent charitable
company in accordance with the ethical requirements that are relevant to our audit of the financial statements in thè
UK. indudinE the FRC'S Ethical Standard, and we have fulfilled our other ethital responsibilities in accordance wlth
these requirements. We believe that the audit eviden￿ we have obtsined is sufficient and appropriate to provide
basis for our opinion.
Condusions relatingto going concern
In auditing the financial statemenls, we have concluded that the trustees. use of the going concerrb basis of accounting
in the preparation of the financial statements is appropriate.
Based on the work we have performed. we have not identified any material uncertainties relating to events or
¢onditions that. individually or collectively, may cast significant doubt on the group's or parent's charitable company's
ability to continue as 3 going concern for a period of at least twelve month5 from when the financial statements are
authorised for issue.
Our responsibilitie5 and the responsibilities of the trustees with respect to going concem are descrlbed in the rdevant
sections of this retlort.
Other information
The trustees are responsible for the other information. The other information comprises the information induded in
the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other information and, excèpt to the extent otherwise
explicltly stated in our report, we do not express any form of assurance conclusion thereon.
In connertion with our audit of the finanaal statements, our responsibility is to read the other information and. In
doing so, consider whether the other inforwnation is materially inconsislent with the financial statements or our
knowled8e obtained in the audit or otherwise appears to be materially misstated. If we identify such material
inconsistenches or apparent material mi55tatements. we are required to determine whether this gives rise to a material
misstatement in the finanoal statements themselves. If, based on the work we have performed, we conclude that
there is a material misstatement of this other information, we are req¢Jired to report that fact. We have nothing to
report in this regard.
Opinions on other matters prescribed bythe Companles Art 2trf>6
In our opinlon. basetl on the work undertaken in the course of the audtt..
the information given in the Report of the Trustees for the financial year for which the financial statements are
prepared Is consistent with the flnancial statements,. and
the Report of the Trustee5 has been prepared in accordance wlth applicable legal requirements.
Matters on which we are required to report by exteptlon
In the light of the knowledge and understanding of the group and p3rent charitable company and its environment
obtained in the course of the audit. we have not Identified material misstatements in the Report of the Trustees.
PaEe 9

REPORTOF THE INOEPENDENT AIJDtroRSTO THE MEMBERS OF
ST CATHERINE'S- SPEECH AND LANGUAGE
We have nothing to report in respect of the following matters where the Companies Act 2LX)6 requires us to report to
you if, In our opinion..
adequate accounting records have not beèn kept or returns adequate for our audit have not been receive(I from
branches not visited by us,. or
the financial statements are not in agreement with the accounting records and retums- or
certain disclosure5 of trustees, remuneration specified by law are not made.. or
we have not received all the infomation and explanations we require foi our audit- or
the trustee5 were not entitled to take advantage of the srnall companies exemption from the requirement to
prepare a Strategic Report or in preparing the Report of the Trustees.
Responslbilities of trustees
As èxplained more fully in the Statement of Trnstees, Responsibilities, the trustees Iwho are also the directors of the
group charitable company for the purpose5 of company lawl are responsible for the preparation of the financial
Statements and for being satisfied that they give a true and fair view. and for such internal control as the trustees
determine is necessary to enable the PTeparation of financial statements that are free from material misstatement,
whether due to fraud or error.
Irh preparing the financial Statements, the trustees are responsible for assessing the group and parent tharitable
company's ability to continue as a @oing concern, disdosin& as applicable, matters ￿lated to golng COn￿rn arÈd using
the going concern basis of accounting unless the trustees either intend to liquidate the group and parent charitable
comDanv or to ￿ase ODeiations. or have no realistic alternative but to do so.
Our responsibilities for the audit of the finandal statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatement. whether due to fraud or error, and to issue a Report of the Independent Auditors that includes
our opinion. Reasonable assurance is a high level of assuran￿, but 15 not a guarantee that an audit conducted In
accordan￿ with ISAS IUKI will always detect a material mi5Statement when It exists. Misslatements can arise from
fraud or error ond are consldered material if, individually or in the aggregate, they could reasonably be expected to
Influen￿ the economlc decislons of users taken on the basis of these financial ststements.
Irregularities, including fraud, are instances of non-complian￿ with law5 and regulations. We design procedures In line
with our responsibilities. outlined above, to detect material misstateTnents irh respert of irregulaiities, including fraud.
The extent to which our procedures are capable of detecting irregulaiities. induding fraud is detailed below..
Based on our understanding of the group and parent charitable company. the principal risks are that of management
override of controls, potential fraud in revenue recognition, recovery of trade debtors. and valuation of defined benefit
pension scheme. The engagement team considered these risks and audit procedures were undertaken as follow5:
A review of journals made in preparing the final results for preparation of the accounts, and a review of accounting
e5timate5 made by management.
A review of transaction5 and records to ensure there are no transactions that have no apparent commerclal
purpose or that are processed outside the usual accounting systems.
Extension of the sample sizes for audit testing carried out in relation to income and trade debtors. and consideration
and testing of systems in place around this income.
Discussions with management regardingthe ability to override controls and review of processes in place to ￿nfIrM
no override had occurred
Consideration of defined benefit pension scheme results from revtewing actuary reporL% and entries made into
financial statements.
Discu5510ns with management, including tonsideration of any known or suspected instances of non-compliance with
laws and regulations or fraud.
Page 10

REPORT OF THE INDEPENDENT AUDrtORSTO THE MEMBERS OF
ST CATHERINE'S- SPEECH AND LANGUAGE
There are inherent limitations in the audit procedures described above, and the further removed non-complian￿ with
laws and regulations is from the events and transactions reflected in the financial statements, the less likely we are to
become aware of it. The risk of not detecting a material misstatement due to fraud is higher than the risk of not
detecting one resulting from error as fraud may involve deliberate concealment or Intentional misrepresentations.
A further description of our re5ponsibilitie5 for the audrt of the financial statements is locateil on the Flnancial
Reporting CoLbncil'5 website at www.frc.org.uk/auditorsresponsibilities. Thi5 description forms part of our Report of the
Independent Auditors.
Use of our report
This report is made 501ely to the parent charltable Company's membeTS. as a body. in attordance with Chapter 3 of
Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the parent
ch3rltable company's members those matters we are required to state to them in an auditors, report and for no other
purpose. To the ftjllest ertent permitted by law, we do not accept oc assume responsibility to anyone other than the
group and parent charitable company and the parent charitable company's members as a body, for our audit worK for
this report. or for the opinions we have formed.
vid Stevens ACA Isenior Statutory Auditor)
for and on behalf of Bright Brown Limited
Chartered Accountants
Statutory Auditor
Exchange House
St. CfOS5 Lane
Newport
Isle of Wight
P030 5BZ
Date: ...
LO'L+
Page 11

ST CATHERINE'S- SPEECH AND LANGUAGE
CONSOUDATED STATEMENT OF FINANCIAI AcrwmES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 31 AUGusf 2023
2023
2022
Unrestricted
fund5
Restricted
fvnds
Total
fvnds
Total
funds
Notes
INCOME FROM
Donations and legacie5
Charftable a¢tNlties
Educational Se￿iCe5
other trading activities
Investment income
34,532
218,418
252,950
213,990
4,649,928
43,751
3,161
4,649,928
43,751
3,161
4.022,736
33,823
174
Total
4,731,372
218,418
4.949,7
4,270.723
EXPENDMJRE ON
Raising funds
charitab￿ activitiè5
Educational services
84.271
9,661
93,932
73.536
4.529,348
136,724
4.666.072
4.086,446
Total
4,613,619
146,385
4.760.C(J4
4,159.982
INCOMEIIEXPENDITURO
Transfers between fvnd5
Othèr recognbsed gainslllossesl
Actuarial gains on defined benefit
schemes
117.753
84,225
72,033
184,2251
189,786
110,741
20
596,1K)O
596,000
s39,c￿)
Net movement in fvnds
797.978
112,1921
785,786
649,741
RECONCIUATION OF FUNDS
Total funds brought forward
Total funds brought forward
19
3,494.876
87A37
3,582.713
2,932,972
TOTAL FUNDS CARRIED FORWARD
4,292.854
75,645
4,368.499
3,582,713
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
These notes form part of these finanaal statements
Page 12

ST CATHERINE'S- SPEECH AND LANGUAGE
CONSOLIDATED BALANCE SHE
FOR THE YEAR ENDED 31 AUGU￿ 2023
2023
2022
Unrestrithed
funds
Restricted
funds
Total
funds
Total
funds
Notes
FIXED ASSETS
Tangible assets
14
3.184.836
3,184,836
2.643,354
CURRENT ASSETS
Debtor5
16
2.592,736
71,940
2,592,736
158,160
1.533,913
105,899
Cash at b3nk
86,220
2,664.676
86,220
2.750.896
1,639,812
CREDTfoRS
Arnounts falling due
wwthin one
17
11.798,8951
110,5751
11,809,470)
1342.5361
NET CURRENT A$￿s
865,781
75,645
941,426
1,297,276
TOTAL A55Efs iE5S CURRENT IIABILMES
4,050,617
75.645
4,126.262
3.940,630
CRED￿OR$
Amounts falling due after
morè than one year
18
1356,7631
1356,7631
1360.9171
PENSION ASSET
20
599.000
599,000
ASSErs
4 292 854
4 368 499
3 582 713
FUNDS
Unrestricted funds
Restricted fijnds
19
4,292,854
75,645
3,494,876
87,837
TOTAL FUND5
4 368 499
3 582 713
These financial statements have been prepared in accordan￿ with the provisions applicable to tharltable
companies subject to the small companies regime.
The financial Statements were approved by the Board of Trustees and authorised for issue on 23 May 2024 and
wère
ed on its behalf by=
Graham Pengell
- Trustee
These notes form part of these financial statements
Page 13

srcATHERINE'S- SPEECH AND LANGUAGE
PARENTSTATEMENYOF FINANaAL AcnvmES
IINCORPORATING AN INCOME AND B(PENDITURE ACCOUNn
FOR THE YEAR ENDEO 31 AUGUST2023
2023
2022
Unrestrirted
funds
Restricted
funds
Total
fvnds
Totsl
funds
Notes
INCOME AND ENt)OWMENTS FROM
Donations and legacies
Charitable artivities
Educational seTvices
34,532
218,418
252,950
213,990
3,583,650
3.583.650
3.021,050
Other trading activities
Investment income
Other income
145,751
3,161
60.000
145,751
3,161
60,000
101,823
174
60,000
Total
3,827,094
218,418
4,045,512
3,397,037
EXPENDITURE ON
Raising funds
Charitable actl¥ities
84,271
9,661
93,932
73,536
Educational seNices
3,796,104
136,724
3,932,828
3.449.730
Total
3,880,375
146.385
4,026,760
3,523,266
NEf INCOMEIIEXPENDfWREI
Transfers between funds
153,2811
84,225
72,033
184,2251
18.752
1126,2291
Other recognised gain51{lossesl
Actuarial gains on defined berbefit
schemes
20
596,Th)0
596.000
539,000
Net movement In funds
626.944
112,1921
614,752
412,771
RECONCIUATION OF FUNDS
Total funds brought forward
Total funds brought forward
19
3,257,906
87,837
3,345,743
2.932.972
TOTAL FUNDS CARRIED FORWARD
3,884,850
75,645
3.960.495
3.345.743
COKnNUING OPERATIONS
All income and expenditure has arisen from continuinE activities.
These notes form part of these financial statements
Page 14

ST CATHERINE'S- SPEECH AND LANGUAGE
PARENT BALANCE SHEET
FOR THE YEAR ENDED 31 AUGUST 2023
2023
2022
Unrestricted
funds
Restricted
funds
Total
funds
Total
funds
Notes
FIXED ASSErs
Tanglble assets
14
3,130.352
3,130,352
2.643.128
CURRENT ASSErs
Debtors
Cash at bank
16
IA06,8()4
61.364
1,806,804
147,585
1.267,743
104,827
86,220
1,868,168
86,220
1,954,389
1,372,570
CREDrroRS
Amounts falling due
within one year
17
11,355.9071
110.5751
11,366,482)
1312.0381
NEf CURRENT ASSErs
512.261
75.645
587.906
1,060,532
TOTALASSEfs LESS CURRENT LL4BILITIES
3,642.613
75,645
3,718.258
3,703,660
CREDITORS
Amounts falling due after
more than one year
1356,7631
1356,7631
1360,9171
PENSION ASSEr
20
599,LlJO
599,OC
334574
ASSErs
3 884 850
3 960 495
FUNDS
Unrestricted funds
Restricted fvnds
19
3,884.850
75,645
3.257.906
87.837
TOTAL FUNDS
3 960 495
3 345 743
These financial statements have been prepared in accordance wtth the provisions appllcable to charitable companie5
subjert to the Small companies regbme.
The financial statements were approve(I by the Board of Trustees and authorised for issue on 23 May 2024 and were
Signed on its behalf bv..
Grahèm Pengell
iustee
These notes form part of these finanoal statements
Page 15

ST CATHERINE'S- SPEECH AND LANGUAGE
CONSOLIDATED CASH FLOW ￿ATEMETr
FOR THE YEAR ENDEO 31 AUGUST 2023
2023
2022
Notes
Cash flowsfrom operatlng activities
Cash generated trom operations
Interest paid
746,216
Iis,ioi}
126.2561
114,8121
Net cash Iu5ed inl/provided by operating activities
731,115
141.0681
Cash flows from Investing actfvities
Purchase of tangible fwed assets
1675.249}
1875,9311
Net cash used in investing activitles
1675,249}
1875,9311
Cash flowsfrom financing activities
NÈW loan5 in year
Loan repayments in year
26,888
130.4931
396,(K
114.8981
Net cash provlde(I by financing activities
13.6051
381.102
Change in cash and cash equNalents in the
reporttng period
52.261
1535.8971
Cash and cash equivalents atthe beginning of
the reporting perlod
105.899
641,796
Cash and cash equfvalents at the end of the
reportln8 ￿riod
158,160
105.899
These note5 form part tsf ihese financial statements
Page 16

ST CATHERINE'S- SPEECH ANO LANGUAGE
NOTES TO THE CONSOLIDATED CASH FIOW ￿ATEME
FOR THE YEAR ENDED 31 AUGUST 2023
RECONCIUATION OF I￿PENDITuRE)/1NCOME TO CASH FLOW FROM OPERAnNG AcnvmES
2023
2022
Net (expenditureifincome fof the reportin8 period la5 per the
Statement of Financial Artivitiesl
189,786
110,741
Adjustments for:
Depreciation char8es
Inte￿$t paid
Increase in debtors
Increase in creditors
133,766
15.101
11,058,823)
1,466,386
107,384
14,812
1401,6271
142.434
Net cash (used inllprovided by operations
746,216
126,2561
ANALYSIS OF CHANGES IN FUNDSIIDEBn
At 1.9.22
Cash flow
At 31.8.23
Net cash
Cash at bank
105,899
47.332
153.231
105.899
47.332
153,231
Debt
Finance leases
Debts falling due within l year
Debts falling due wiihin 1-2 years
Dèbts falling due within 2-5 years
Debts falling due over one year
121.9591
15481
18691
12.8281
24,431
{21,9591
120,7331
121.8891
{71,2451
1247,0491
120,1851
121,0201
168.4171
1271,4801
1381,1021
11,7731
1382,8751
Total
1275,2031
45.559
1229,6441
These notes form part of these financial statements
Page 17

5T CATrIERINE'S- SPEECH AND LANGUAGE
CASH FLOW STATEMENT
FOR ThE YEAR ENDED 31 AUGUST 2022
2023
2022
Notes
Cash flows from operating artivities
Cash Benerated from operations
Interest paid
679.044
115.1011
127,6111
{14,8121
Net cash lusèd inllprovided by operating 3ctivities
663.943
142.4231
Cash flows from InT￿$11ng actlvltie5
Purchasè of tangible fixed assets
1617,$80}
1875,6481
Net cash used in investing activitles
1617.580}
1875,6481
C￿h flows from finandn8 artivltles
New loans in year
Loan repayments in veèr
26,888
130,4931
396,OC¥)
114,8981
Net cash provided by financin8 artivities
13.6051
381.102
Change in cash and cash equivalents in the
reportlng period
42,758
1536,9691
sh and tash equivalents at the bèginning of
the reporting period
lo4￿27
641,796
Cash and cash equlvalents at the end of the
reporting period
147,585
104,827
These notes form part of these financial statements
Page 18

ST CATHERINE'S- SPEECH AND LANGUAGE
NOTESTOTHE PARENT CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2023
RECONCILIATION OF IEXPENDmJRE}/INCOMETO NET CASH FLOW FIIOM OPERATING ACTMTIES
2023
2022
Nel lexpenditurellincome for the reporting perfod la5 per the Ststement of
Financial Attlvltlesl
18.752
1126,2291
Adjustment5 for.
Oepreciètion charges
Interest paid
1lncreasel/decrease in debtors
Increase in creditors
130.358
15.101
1539.(611
1.053,894
107,327
14,812
1135,4571
111,936
Net cash (used inllprovided by operailons
679.044
127,6111
ANALYSIS OF CHANGES IN NET FUNDSIIDEBT)
At 1.9.22
Cash Ilow
At 31.8.23
Nèt ￿$h
Cash at bank
104,827
42,758
147.585
104,827
42,758
147.585
Finance leases
Debts falling due within l year
Debts fallbng due within 1-2 years
Debts falling due within 2-5 years
Debts falling due over one year
121,9591
15481
18691
12,8281
24,431
121,959
120,7331
121,8891
171,2451
1247,0491
120,1851
121.0201
168,4171
1271.4801
1381,1021
11,7731
1382.8751
Total
1276.2751
40.985
1235,2901
These notes form part of these financial statements
Page 19

ST CATHERINE'S- SPEECH AND iANGUAGE
NOTES TOTHE FINANCIAL sfATÈMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
I. ACCOUNTING POUCIES
Gènèral Information
The St Catherine's - Speech and Language is a private company limiteil by guarantee and incorporated in
En8lar¢d and Wales, registered no 01757474, registered office Grove Road. Ventnor, Isle of Wlght P038 I￿.
The financial statements are presented in Sterlin& which is the functional currency of the charitable group.
There are no material uncertainties about the charity's ability to Continue.
Basis of preparingthefinancial statements
The financial statements of the charitable company, which is a public benefft entity under FRS 102, have been
prepared in accordance with the tharities SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement
of Recommended Practice applicable to tharities preparing their accounts in accordante wlth the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20191,,
Financial Reportin8 Standard 102 The Financial Reporting Standard applicable in the UK and Republic of
I￿land. and the Companies Act 2C¥)6 and Charities Act 2011. The financial ststements have been prepared
under the historical cost convention.
Income
All income 15 recognised in the St3temÈnt of Financial Activitie5 once the charity ha5 eniiilement to the funds,
it is probable that the income will be received and the amount can be measured reliably.
Voluntary Income
Donattons are recognised in the Statement of Financial Activities once the tharitablè company has
entitlement to the funds, it is probable that the income will be received and the amount can bè measured
reliably, this is generally upon re￿Ipt of the donation.
Grants and pupll premium income is recognised when un￿ndItIOnal element to the income 15 passed to the
charitable company. Where there are performance related terms and conditions that must be met before
unconditional entitlement passe5 to the charitable company. the income is recognised once it is highly
probable that these will be met. Where no suth tonditiot)s are in pla￿ the income Is recognlsed when It
rèceived.
Activities for generatingfunds
This consists of shop intome and accommodation income. The shop income is recognised in the Statement of
Financial Actlvitie5, net of VAT when the goods are delivered. Accommodation income is recognised based on
the date of the stay.
Investment Income
Rental income is recognised in the period to which the rentsl tncome relates. Interest is recognised on
receipt.
Incomlng Resource5 from Charitable Artivities
Income from chaiitable activities is reco8nised, net of VAT and all other sales taxes when the seThices are
provided. This consists of school fees income payable by the guardian of the Children or the local authoritv.
Expendfture
liabilities are recognised as expenditure as soon as there is a legal or constructive obligation cornmitting the
charity to that expenditure, it 15 probable that a transfer of economic benefrt5 will be required in settlement
and the amount of the obligation can be measured rellably. Expenditure is accounted for on èn accruals basi5
and has been classified under headings that aggregate all cost related to the category. Where costs cannot be
directly attributed to particular heading5 they have been allocated to actrvities on a basis tonsistent with the
use of re50urtes.
Page 20

ST CATHERINE'S- SPEECH AND LANGUAGE
NOTES TO THE FINANCIAL 5fATEMETrirs
FOR THE YEAR ENDED 31 AUGUST 2023
I. ACCOUNTING POUCIES- continued
Allocation and apportionment of costs
Support costs are costs related to providing direct support to the charwtable company but also indudes IT
Costs, insurance. telephone and other office costs. Governance costs are audit fees and trustee meeting and
travel expenditure. Any such costs incurred during the year that are not directly attributsble to the charitsble
attivities of the organisation are allocated on the proportion of total dirert costs required to supw)rt each
activbty.
Tangible fixed assets
Fixed assets are recongised at cost. Depreciation is provided at the followlng annual rates in order to write off
each asset over its estimated useful life.
Freehold property
not provided
Long leasehold
Over the period of the lease
Improvements to proper
Straight line over 3- 50 years
Plant and machinerv
Stiai@ht line over 3- 50 years
It is the charity's policy not to depreciate freehold property as the trustees belleve thèy are held in good
repair and annual improvements are tarried out. The trustees consider this policy best refle¢ts the value of
freehold property-
Imiestments
Investments in subsidiary companies are recognised at cost where applicable.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestrirted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restticted purposes within the objects of the charity.
Restrirtions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund Is included in the note5 to the financlal
statement5.
Hire purchase and leasing ¢ommitmeb)ts
Rentals paid under operating leases are charged to the Statement of Finanaal Activities on a straight line basis
over ihe period of the lease.
Pension costs and other post-retirement benefrts
The Chatity operates three staff pension schemes providing benefits based on final pensionable pay as
follows..
lil Teacher's Pènslon Scheme
This is a statutory. contributory final salary schernè. It Is an unfunded scheme which is provided for by the
Superannuation Act 1972 under which Tetirement and other superannuation benefits are paid out of monies
provided by Parliament.
lill Isle of Wight Council Pension Fund
This is a Local Government Pension Scheme run by the Isle of Wight Counal as administering authority. The
Fund is maintained by the Isle of Wight Council under regulations made under the Superannuations Act 1972.
As the scheme is set up by statute, payment of the scheme benefits is guaranteed by law. ContrÉbutions for
both schemes are charged to the Statement of Financial Activities so as to spread the costs of pension5 over
employees. working live5 With the organisation. Any actuarlal gains or losses relating to the scheme is
rÉcognised in the Statement of Financlal Activities in accordance with FRSIO2.
Page 21

sr CATHERINE'S- SPEECH AND LANGUAGE
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 AUGUST 2023
ACCOUNTING POLICIES- continued
Penslon costs and other post-retirement benefits
lili) Scottish Equitable group Personal Pension Scheme
The Charity h35 set ilp a Separate Group Personal Pension Scheme. This is a defined contribution scheme in
which the contributions are being charged to the Statèment of Financial Artiwties so as to spread the cost of
pensions over the employees. working lives with the organisation.
Flnanaal instruments
The charity only has financial assets and financial liabilities of the kind that qual￿ as baslc financial
in5trufflents. Basic financial instruments are initially ￿08￿15@d at transaction value and debt Instruments are
subsequentty measured at amort15ed cost.
Judgements in applying accounting policies
In preparing these financial statèments the trustee5 have made the following}udgements-
Dètermining whether income is restricte(l or ￿n￿StriCted. These decisions deperhd upon the whether th
donor has given thè income subject to ￿rtain terms or conditions which impose a restriction in trust law.
Determining the allocation of support costs to activities. These decisiorbs depend upon the whether the cosl
can be directly attributed to an activity or shared be￿￿een specific aciivities. The balance of costs is
apportioned between the activities.
Key sources of estimation uncertalnty
Tangible flxed assets are depreciated over thelr useful economlc live5 taking into account residual values,
where appropriate. The actual lives of the assets and residual values May vary depending on a number of
factors. Factors affectlnE the lives of assets include technological innovation and maintenance programmès.
Basisof ¢onsolidatbon
The accounts of the group consolidate the results of the company and its subsidSary undertakingsi St
Catherine's - Speech and Lan8u3ge for Young Adults and Adult5 Ltd which are made up to 31 August. The
accounts are consolidated on a line by line basis.
DONATIONS AND LEGACIES
Group
2023
Parent
Group
2022
Parent
2023
2022
Donations
6.286
1,721
28,230
216.713
252,950
6,286
1.721
28,230
216,713
252,950
18.683
1,689
17.920
175.698
213.990
18,683
1.689
17,920
175.698
213,990
Gift aid
Fundraisln8 attivities
Grants
Grants received, included in the above, are .
Group
2023
Parent
2023
Group
2022
Parent
2022
Education Funding Agency
Isle of Wight Council
Co-op Local Community Fund
Other mlnor grants
212,460
212,460
168,349
1,790
168,349
1,790
2,150
2.103
216,713
2.150
2.103
216,713
5,559
175,698
5.559
175,698
Page 22

ST CATHERINE'S- SPEECH AND LANGUAGE
NOTES TO THE FINANCIAL sfATEMENTS- contlnued
FOR ThEYEAR ENDED 31 AUGUST 2023
3 OThER TRADING AC￿V￿lEs
Group
2023
Parent
Group
2022
Parent
2023
2022
Shop income
Accommodation. rent and other income
23,777
19,974
43.751
23,777
121,974
145.751
15,460
18,363
33.823
15,460
86,363
101,823
4 INVESTMENT INCOME
Group
2023
Parent
Group
2022
Parent
2023
2022
Investment income
3,161
3.161
174
174
5 INCOME FROM CHARITABLE ACTivmES
Group
2023
Parent
Group
2022
Parent
2022
2023
Activity
School fees- Private and
local authority funded
School fees- EFA funded
Educational serw
2,816.983 2,816,983
2.344.383 2,344.383
Educational sem
766,667
766.667
676,667
676.667
Post 19 income
Educational Se￿￿%
1.066,278
4,649,928 3,583,650
1,001,686
4.022.736 3,021,050
6 RAISING FUNDS
Raisingdonations and legxies
Group
2023
Parent
Group
2022
Parent
2023
2022
Staff costs
Books, materials and small equipment
63,649
19.501
83,150
63,649
19,501
83,150
60,192
6.982
67,174
60,192
6.982
67,174
Other trading actNities
Shop expenses
10,782
10.782
6,362
6.362
Aggregate amounts
93,932
93,932
73,536
73.536
Page 23

sr CATHERINE'S- SPEECH AND iANGUAGE
NOTES TO THE FINANCIAL STATEMENfs- continued
FOR THE YEAR ENDED 31 AUGUST 2023
7 CHARITABLE ACTIVITIES COSTS
Group
Direct
Group
Support
costs (see
note 81
Parent
Parent
Support
¢osts (see
note 81
Direct
Group
Totals
Parent
Totals
Costs
Costs
Educatlonal services
3.868,551 3,203.080
797.521
729.748 4,666,072
3,932,828
Analysis of direct costs-
Group
2023
3,481,320 3.066,506
115,794
95,104
28,100
23,493
17,977
17,977
225,360
3.868.551 3.203,080
Parent
Group
2022
2.962,751 2.677.974
98,416
80.605
27.271
23,931
Parent
2023
2022
stsff costs
Books and materials
Medical. fares and travel
Grant repaymeni
Post 19 College and Exam Fees
210,CX)O
3,298.438 2.782.510
8 SUPPORTcosrs
Group
Parent Governan￿ Governance
other
costs
costs
Parent
Group
Other
Group
Totsls
parent
Totals
Educational services
727,621
669,404
69.900
60.344
797.521
729.748
Analysis of direct costs..
Group
2023
Parent
Group
2022
Parent
2023
2022
Rent
Rates and water
Insurance
ght and heat
Telephone
Sundries
Food supplie5
Marketing
Repalrs and maintenance
censes
3.000
8,057
54,519
113.217
12,551
3,797
42,
15,037
276,968
14,2(M)
4.464
7.381
11,534
1.809
10.282
17,702
22,607
107.384
14,812
11.200
5,100
3.673
25,814
788,008
10.480
63.447
170,648
15,902
8,088
56,488
21,343
131.893
15.563
6,107
31,851
12,949
2,191
12.353
8,144
55,394
149,664
13.905
8.088
56.488
21,343
118,743
13,163
4,108
30.573
11,930
2,108
12.353
7,809
46,656
107.083
12,541
3,797
42,900
15,037
182.743
13,729
4,464
7,381
11,444
1.789
10,282
17,702
22,607
107,328
14,812
6,4fKI
3,3
3,673
23.742
667,219
Refuse
Minibus costs
ICT costs
Bank charges
Photocopier rent
Bad debts
Training
Depreciation
Bank loan interèst
Auditors, remuneration
Auditor5, remuneration for non audit
Legal fees
Professional fees
19,450
133,767
15,101
18.210
4,5
9,485
37,615
797.521
17,943
130,356
15.101
12,450
2,250
9.485
36.159
729,748
P3ge 24

ST CATHERINE'S- SPEECH AND LANGUAGE
NOTESTO THE FINANCIAL STATEMETr¥t5- continued
FOR THE YEAR ENDED 31 AUGUST 2023
9 INCOME/{EXPENDtruREI
Net incomellexpenditurel is stated after charginpJlcredltingl-
2023
2022
Auditors, ￿muneratIon
8,250
5.1(KJ
4,375
133,767
6,400
Auditors, remuneration- subsidiary
Auditors, remuneration for non audlt Wofk
Dep￿latiOn- owned assets
s.100
107.384
10 TRU5fEES' REMUNERATION AND BENEFFrs
No trustee5 received any remuneration or other benefits for the year ended 31 August 2023 nor for the year
ended 31 August 2022.
Trustees. expenses
DurlnE the year total expense5 paid on behalf of trustees amounted to £nil12022-. Nill.
11 ￿AFF COSTS
2023
2022
Wages and salarie5
Social security costs
Other pension costs
2,975,568
226,850
278,902
3.481.320
2,530.820
216,953
214.978
2,962,751
12 STAFF AMALYSIS
The average monthly number of employees during the year was as follows:
2023
2022
Full time
Part time
61
67
76
55
137
122
The number of employees whose employee benefits lexcludbn8 employer pension eostsl eX￿ded £60,m) was:
2023
2022
£80.001- E90,000
£90,(K)i- £iOO.OLX)
The principal, P05t 19 Registered Manager and deputy manager are consldered key management personnel. The
total employee benefits for these posts were £206,59612022 '. £149,059).
Page 25

St CATHERINE'S- SPEECH AND LAP4GUAGE
NOTESTO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 AUGusf 2023
13 COMPARATIVES FOR THE STATEMENT OF FINANCIALAcriv￿lES {GRoupI
Unrestricted
funds
Restricted
funds
Total
fvnds
INCOME AND ENDOWMENTS FROM
tjonations and legacies
Charitable actsvities
Educational services
29,670
184,320
213.990
4.022.736
4.022,736
Other trading activities
Investment income
33.823
174
33,823
174
Total
4,086,403
184,320
4,270,723
EXPENDITURE ON
Rai5illE funds
73,536
73,536
Charitable activities
Educational serw¢es
3,912,578
173,868
4,086,446
Totsl
3,986.114
173,868
4,159,982
NET INCOME
100.289
10.452
110,741
Other recognised gainslllosses)
Artuarial gains on defined benefit
Net movement in funds
539.CKK)
639,289
539.000
649,741
10,452
RECONCIUATION OF FUNDS
Total funds brouÉht forward
Total funds brought forward
2,855,587
TOTAL FUNDS CARRIED FORWARD
3,494,876
The note shows the Statement of Financial Artivities, split by fund. for thè year ended 31 August 2022.
77.385
87,837
2,932.972
3,582.713
Page 26

ST CATHERINE'S- SPEECH AND LANGUAGE
NOTESTO THE FINANCIAL STATEMEwfs- continued
FOR THE YEAR ENDED 31 AUGUST 2023
13 COMPAKATIVES FOR THE ￿ATEMENT OF FINANa￿ AcrNmES- CONTINUED IPARENn
Unrestricted Restricted
funds
funds
Total
fvnds
INCOME AND ÉNI)OWMEKfs FROM
Donations and legacies
Charitable activities
Educational ServI￿S
29,670
184.320
213,990
3.021,050
3.021,050
Other trading activities
Investment income
33,823
68,174
60,000
33.823
68,174
60,IJ)O
Other income
Total
3,212.717
184.320
3,397,037
EXPENDtruRE ON
Raising funds
73,536
73.536
Charitable activitiès
Educational serVI￿S
3.275,862
173,868
3,449,730
Total
3,349,398
173,868
3,523,266
INCOME
1136,6811
10,452
1126,2291
Othèr reco8nised gainslllossesl
Actuarial 8ain5 on defined benefit
Net movement in tunds
539,1)00
402.319
539,1]10
412.771
10,452
RECONCIUATION OF FUNDS
Total funds brought forward
Total funds brouBht fo￿ard
TOTAL FUNOS CARRIED FORWARO
2,855.587
3.257,906
77.385
87,837
2,932,972
3,345.743
The note show5 the Statement of Financial Activities. split by fund, for the year ended 31 August 2022.
Page 27

STCATHERINE'S- SPEECH AND LANGUAGE
NOTESTO THE FINANCIAL ￿ATEmENTs- contlnued
FOR THE YEAR ENDED 31 AUGUST 2023
14 TANGIBIE FIXED ASSEIS
Improvements
to
Freehold
Long
leasehold
Group
Plant and
property
Group
property
Group
machinery
Group
Totals
Group
Totals
Parent
COST
At I September 2022
Additions
915,350
367,268
1,748,304
599,317
1.366.996
75,932
4,397,918
675,249
4,397,635
617.580
At 31 AuBUSt 2023
915.350
367,268
2,347,621
1,442,928
5,073.167
5.015,216
DEPRECIATION
At I September 2022
Charge for year
22,092
2.806
560.314
58,278
1.172,158
72.683
1,754,564
133,767
1,754.507
130,357
At 31 August 2023
24.898
618,592
1,244,841
1.888.331
1.884,864
BOOK VALUE
At 31 August 2023
915.350
342,370
1,729,029
198.087
3,184,836
3,130,352
At 31 August 2022
915,350
345,176
1.187,990
194.838
2.643,354
2,643.128
15 SUBSIDUARY UNDERTAKING
The pa￿nt company's investments at the balance sheet date are-.
St CHtherfne's Speech and language for Young Adutts and Adubts Limrked
Company regisiration number: 12675770
Charity registration number= 288148 (Linked Wbth St Catherine's- Speech and Language)
Registered office= Grove Road, Ventnor, Isle of Wighl, P038 1
Nature of charity: Provision of education Services
Limited by guarantee:
Sole Corporate Member
2023
2022
Aggregate funds
Surplus for the year
236,969
236,969
171,035
2023
2022
Income
Charitable activitles= Education servtces
Total income
1,066,277
1,066,277
1,001,689
1,001,689
Expenditure
Charitable activities-. Education services
Net Income
895.242
171.035
764,720
236,969
Pa8e 28

ST CATHERINE'S- SPEECH AND LANGUAGE
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 AUGUST 2023
16 DEBTORS: AMoui¥fs FAWNG DUE W￿H1N ONE YEAR
Group
Parent
Group
Parent
2023
2023
2022
2022
Trade debtors
Amounts owed by participating interests
Other debtors
2,516.149 1,263,374
487,331
29,138
11,330
2,471
2,471
44.978
42,298
2,592.736 1,806.804
1,494,076
782,418
445,576
9,677
9,677
2,657
2,657
27,503
27,415
1,533.913 1,267,743
Accrued income
Prepayments
Ofthe E2,516,149 of trade debtors. the charity has received £2,481.206 between the balance sheet date and
the date that the Trustees, report has been approved.
The trade debtors value also includes fees invoiced in advance of £1.390,069 and these fees are also included
in accrued income as they relate to the period of 31 August 2024.
17 CREDITORS.. AMOUNTS FALUNG DUE wrtHIN ONE YEAR
Group
2023
Parent
Group
2022
pa￿nt
2023
2022
Bank loan5 and overdrafts Isee note 181
Hire purchase (see note 251
Trade creditors
Social security and othèr taxes
Other creditors
Accruals and deferred income
20.733
20.733
5.378
5,378
227,394
216.218
52,602
52.177
61,108
61.108
1.442.255 1,010,868
1,809.470 1,366.482
20,185
20,185
101,669
84.388
79,881
56,413
342,536
100,908
79,119
62,378
49,448
312,038
18 CREDtroRS: AMouTrifs FAWNG DUE OVER ONE YEAR
Group
2023
Pa￿nt
Group
2022
Parent
2023
2022
Bank loans
Hire purchase (see note 251
340,183
16,580
356,763
340.183
16,580
356,763
360,917
360,917
360.917
360,917
An analysis of the maturity of loans is given below-
Group
2023
Parent
Group
2022
Parent
2022
2023
Bank loans
360.916
360,916
381,102
381,102
The bank loan is secured on freehold property and 15 repayable by installments over 180 months at an fixed
interest rate of 4.08% for the first 84 months.
Pa8è 29

CATHERINE'S- SPEECH AND L4NGUAGE
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 AUGU￿ 2023
18 CREDITORS: AMOUNTS FAWNG DUE OVER ONE YEAR
An an8lysis of the maturity of loans is given below=
2023
2022
Amounts falling due withln one yèar on demand..
Bank Loans
20,733
20,185
Amounts fallinB between one and two years:
Bank loans- 1-2 years
21,889
21,020
Amounts f3lling due between two and five years=
Bank loans- 2-5 year5
71,245
68.417
Amounts falling due in morethan five years:
Bank loans more 5 yr by installments
247,049
271,480
19 MOVEMEKf IN FUNDS
Net
Transfers
movernent
irb funds
betsveen
funds
At
At 1.9.22
31.8.23
Unrestricted funds
General fund
Fixed Asset Fund Includln8
Revaluation Reserve
Pension Schemè Surplus
Repairs fund
648.424
248,810
1150,8571
746,377
2.643,452
1131,0571
596.0
235.082
2.747,477
599,(KN)
200,orxi
4,292,854
200,000
3,494.876
713,753
84.225
Restrirted funds
Restricted Fund
87,837
72,033
184,2251
75,645
TOTAL FUNDS IGRoupI
3,582.713
785,786
4.368,499
TOTAL FUNDS {PARENn
3,345.743
614.752
3,960,49S
The transfer of £235,082 between general funds and fixed asset fund is to account for the new additions in the
period less depreciation movements. The transfeT from restricted funds represents funds provided to purchase
fixed assets which are used for gener31 charitable purposes.
Page 30

ST CAThERINE'S- SPEECH AND LANGUAGE
NOTES TO THE FINANCIAL STATEMENTS- contlnued
K>R THE YEAR ENDED 31 AUGUST 2023
19 MOVEMENT IN FUNDS- continued
Net movement in fund5, Included in the above are as follows=
Incoming
resource5
Resour￿S
expended
Gains and
losses
Movement
in ￿ndS
Unreslricted fvnds
General fund
Fixed Asset Fund Including
Revaluation Reserve
Pension scheme deficlt
4,731,372 14.482,5621
248,810
1131.0571
1131,0571
596.LXKI
713.753
596,000
596,OWJ
4.731.372 14,613,619)
Restricted funds
Restricted Fund
218,418
1146,3851
4,949,790 14,760,004)
72,033
785,786
TOTAL FUNDS
596.OCKI
Comparatfves for movemenl In funds
Prior
Net
Transfer5
between
fvnds
year
adjustment
movement
At
At 1.9.21
in funds
31.8.22
Unrestrkted fufKIs
General fund
Fixed Asset Fund Induding
Revaluation Reserve
Pension Scheme Deficlt
RepaiTS fund
1,190.631
154,619
207,617
1904,4431
648,424
1.846,337
I1,041,(￿)
2LKI.000
2,195.968
1107.3281
539,orxi
904,443
2.643,452
3.0
2(MJ.O(M)
3.494.876
505.000
659,619
639,289
Restrirted fvnds
Restricted Fund
TOTAL FUNDS IGROUP)
232.004
2.427,972
1154,6191
505.(K)O
10,452
649.741
87,837
3.582,713
TOTAL FUNDS IPARETrm
2.427.972
505,000
412,771
3,345.743
Page 31

ST CATHERINE'S- SPEECH AND LANGUAGE
NOTESTO THE FINANCIAL STATEMENFS. continued
FOR THE YEAR ENDED 31 AUGUST 2023
19 MOVEMENF IN FUNDS- ¢ontlnued
Comparative nèt movement in funds. Included in the above are a5 follows=
Incomin8
resources
Resources
Gains and
Movement
expended losse5
in funds
Unrestrfcted funds
General fund
Fixed Asset Fund Including
Revaluation Reserve
Pension Scheme Deficit
4,086.403 13,878.7861
207,617
1107,3281
1107,3281
539.OLX)
539.0(Kl
539.0
639,289
4.086.403
13,986.1141
Restrirt￿ funds
Restricted Fvnd
184,320
1173,8681
10.452
TOTAL FUNDS
4,270,723 14,159,982)
539.C4JO
649.741
A current year 12 months and prior year 12 months combined position is as follows:
Prior
Net
Transfers
between
funds
year
adjustment
rnovement
At
At 1.9.21
in funds
31.8.23
Vnrestricted funds
General fund
Fixed Asset Fund Including
Revaluation Reserve
Pension Stheme Oefiat
Repairs fund
1,190,631
154,619
456.427
11.055,3001
746,377
1.846,337
11,041,IKIOI
200,orKI
2,195.968
1238,3851
1.135,(HJO
1,139,525
2.747,477
599,000
200.LKIO
4,292.854
505.LN)O
659.619
1.353,042
84,225
Restrlcted funds
Restricted Fund
TOTAL FUNDS (GROUPI
232,004
2 427 972
1154,6191
82,485
1435 527
184,2251
75,645
4 368 499
TOTAL FUNDS IPARENf
2 427 972
505 000
1027 523
3 960 495
Page 32

ST CATHERINES- SPEECH AND LANGUAGE
NOTES TO THE FINANCIAL sfATEMENTS- continued
FOR THE YEAR ENDED 31 AUGUST 2023
19 MOvEMETr￿ IN FUNDS- continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are
as follows:
Incoming
resource5
Resources Galns and
expended losses
Movement
In funds
Unrestrirted fijnds
Gener31 fund
Fixed Asset Fund Including
Revaluation Reserve
Pension Scheme Deficit
8.817,775 18.516,2911
301.484
1203,4931
1203,4931
1,135,1)00
1,232.991
1,135,(M)O
1,135.LX)O
8,817,775 18,719,784)
RestrKted fvnds
Restricted Fund
TOTAL FUNDS
391,753
I3￿,579)
9 209 528 19,020,363)
91.174
1324 165
1.135,IK)O
Detsils of the funds are as follows:
Designated Funds
Fixed Asset fund induding revaluatiorb reselve
The trustees have decided to sh¢)w reserves relating to fixed assets separately to free reserves. Thls fund also
includes the revaluation reseNe which represents the amount by which investments exceed their historical cost.
Pension
The pension scheme deficit fund represents the projected value of the pension scheme assets les5 liabililies.
Repair5
The trustees have allocatefl £200,OCKTr from tash funds held to hold for major repalrs and improvements that
have been identified.
ColleBe
The trustees have identlfled a site to expand the school operation the charity and purCh￿d this in thè 2022
financlal vear and the desiRnation has been released.
Restricted
Education
This fund represènts moneys paid io the xhool by the EFA to be spent on the development and continuation of
services for vulnerable 16-19 vear olds.
Department for Education pupil premium
This fund ￿preSentS moneys paid to the school by DFE via local authorities to be spent on improving the
academic performance of disadvantaoed students.
Education
This fund represents moneys paid to the school by the EFA to be spent on improvements. malntenance and
capital reoairs of buildinRs and othèr facilities.
There are sever31 minor restrlcted funds which at the year end totallinB £41.698 which are due to be spent in the
next accoijntinq Deriod.
Page 33

STCAThERINVS- SPEECH AND LANGUAGE
NOTESTO THE FINANCIAL STATEMENTS- continued
FOR ThE YEAR ENDED 31 AUGUST 2023
20 EMPLOYEE BENEFITOBUGATIONS
Defined benefft stheme
The Charity contributes to the Isle of Wight Council Pension fvnd. This is a separately funded scheme under
which the Isle of Wight Council has set up a separate pension fund. The school is permitted to participate In the
scheme under the terms of an 'administration agreement, for non teaching employees.
This is a deflned benefit scheme in the UK. A full actuarial valuation was caffied out as at 31 August 2023 by a
qualified independent artuary. The Isle of Wight Council establishes the rates of contribution for both employees
and employers participating in the 5cherne. The current rates for employees are variable and 20.3% for
employers. The employer is also required to pay an additional £55,000 per year in monthly instalments.
Details of the scheme ale as follows=
The amounts recognised in the Balance Sheet a￿ as follows=
Defined benefit
pension plans
2023
2022
Present value of funded obligations
Fair value of plan assets
12.073,0001 12,544,(MIoI
2,672,(KJO
2.547.000
599,CMXJ
3,000
Present walue of unfunded obligations
Surplus
599.000
Net asset
Page 34

ST CATHERINE'S- SPEECH AND LANGUAGE
NOTES TOTHE FINANCIAL STATEMENT5- contlnued
FOR THE YEAR ENDED 31 AUGUST 2023
ZO EMPLOYEE B£NEF￿0B￿GATIONS- ￿ntInUed
The amounts recognised in the Statement of Financial Activtties are as follow5-
2023
2022
Current serv1￿ cost
Net interest from net defined benèfit assetlliability
Past service cost
66,OLKS
62.000
46.000.(KI
256,000
128,(K)O
302,(KK)
Actual return on plan assets
45.000
1205,OCQI
Changes in the present value of the defined benefit obligation are as follows=
Defined benefft
pension plans
2023
2022
Opening defined benefit obligation
Current Servi￿ cost
2,544.(KM)
66,orA)
107.000
I4,￿0
li￿,￿)0)
3.352,OCKI
46.000
51,000
Interest cost
Employee contributions
Benefits paid
ActL¢arial Igainsl/Josses from changes
in financial assumptions
I142,￿0)
1539,CW}
2.073,000
1768.0001
2,544.000
Change5 in the fair value of scheme assets are as follows=
Defined benefit
penslon plans
2023
2022
Opening fair value of scheme assets
Contributlons by employer
Interest received
Experted return
Employee contributions
Benefits paid
2,547.000
77.000
108,000
45,000
14.000
1119.0001
2,672,(X)o
2,816,OC(I
30,000
43,IX)O
1205,0001
1142.IKIOI
2,547,CMJI
Page 35

ST CAThERINE'S- SPEÈCH AND LANGUAGE
NOTES TO ThE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 AUGUST 2023
20 EMPLOYEE BENEFITOBLIGATIONS- contSnued
The amounts recognised in other recognised gains arhd losses are as follows=
2023
2022
Actuarial Igainslllosses from changes in
financial assumptions
539.0
539,000
768,000
768,000
The major categories of Scheme assets as a percentsge of total scheme assets are as follows:
Defined benefit
penslon plans
2023
2022
71%
Equities
Bonds
16%
17%
Property
Cash
Principal attuarial assumptions at the Balance Sheet date (expressed as weighted averages)..
2023
5.25%
4.05%
3.05%
2022
4.25%
4.15%
3.35%
Discount rate
Future salary increases
Future pension increases
Defined contributlon scheme
The Charity Colltributes to two other separate staff pension schemesfor eligible employees who also make a
contribution. Details of these schemes are set out below=
Teather5' Pension Scheme
This is a contributory scheme run by Teachers, Pensions. The benefits of the stheme a￿ 8overned by the
Tead)ers' Perb5ion Regulations 1997. The scheme automatically covers full time teathers who have not
opted out of the scheme to make their own pension arrangements. Members of the scheme pay at varyin8
rates ranging from 7.4% to 11.7% of their 5alary- the school pays a contribution of 16.48% of the member's
salary.
Teachers, contributions are on a 'pay a5 you go, basis and ihe school's contributions are credited to the
Exchequer under arrangements covered by the SuperannuatSon Att 1972. The Teachers, Pension
Regulations require an annu31 account, the Teachers. Pension Account, to be kept of receipts and
expendlture. Any exces5 of income over expenditure is deemed to be invested in govemment securities and
notional Interest Is added to the account.. the resultant balance is known as the'notional fund,.
Page 36

ST CATHERINE'S- SPEECH AND LANGUAGE
NOTESTO THE FINANCIAL ￿ATEMENTs- continued
FOR THE YEAR ENDED 31 AUGUST 2023
20 EMPLOYEE BENEFIT OBUGATIONS- contlnued
Scottish Equitable Group Personal Pension Scheme
The Charity also operates a defined contribution group personal pension scheme, the assets of which are
held separately from those of the Charity in an independently administered fund. The tharge for the year
represents the cost of employer's contributions to the scheme for the year for those employeès opting to
join the scheme. Contributions are made by both employee at)d employer based mainly on a percentage of
the employee'5 Salary. The employer's contribuiion is between 1% and 4
21 C4prrALCOMMITMENTS
2023
2022
Contracted but not provided for in the financial statements
355,586
32,611
The 2023 commitment Telates to work5 on property Improvements started before the year end. The 2022
commitment relates to a minibus oidered in the year to 31 August 2022 but noi received until the current
period.
22 REL4TED PARTY DISCLOSURES
During the year, the Charity ￿￿1Ved income of £nil12022 . £nill from the Trustees under normal operating
conditlons.
During the year the parent charity has charged rent and management charges to the subsidiary for the value
of £102,00012022= £68.￿0) and £60.LK)012022.. £60,000) respectively. At the year end the subsidiary owed
the parent £487,33112022.. £445,576) which is lent on an interest free basis.
23 SUBSIDIARY UNDERTAKINGS
The charity has a subsidtary. bein& St Catherine's- Speech and Language for Young Adult$ and Adults Ltd.
which is linked by a uniting direction under s96 of the Charities Act 2006 and the results of the linked charity
have been aggregated with the reporting charity following best practice as laid down in the Statement of
Recommended Practice"Accounting And Reporting By Charhties" ISORP 20191 issued in October 2019.
24 ULTIMATE CONTROLUNG PARTY
The charity was under the control of the trustees throughout the year.
25 LEASING AGREEMENT5 (GROUP AND PARETruI
Minimum lease PByments under hire purchase fall due as ft>llows:
2023
2022
Net obiligations repayable
Within one year
Between one and five years
5.378
16.580
21.958
Page 37