Charity re91Stration number 307034
Company reglstratlon nurnber 902869 {EDgland and TN4les}
WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2022

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
LEGALAND ADMINISTRATIVE INFORMATION
Trust•o8
Mis D J Alun-Jones MA
W Bdch&r 8A
JAB Bruce 8Sc FCA
Miss L K Hamblett MA
RAJHill
Mrs K Hogan 8A
J A P8ssam BA MBA
J H L Patrlck MVQ Bsc Ichairrnan from 8 July 20221
Mrs S L Morison BA
CSRIXMA
W J Griffiths Bsc
A-C StroMeyer-Sa￿ab8 Msc
Sg¢r•tory
G P Falconer
Ch•rlty number
307034
Company number
902869
Prlnclpal address
Westtx)ume House School
Coach Road
Shopwyke
Chichestsr
West Sussex
P020 28H
RegistDr•d offic•
WestboLJme House Sehool
Coach Road
Shopwyke
Chichester
West SusseK
P020 2BH
Audltor
Jones Avens Lirniled
Piper House
4 Dukes Court
ognof Road
Chich&ster
West Sussex
P019 8FX
8ank*rs
National Westrninsler 88nk PIC
5 East street
Chichester
West Sussex
P019 1HH
Investment advisors
Ralhbone Brothgrs PIC
8 Finsbury Clrcus
London
EC2M 7AZ

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
CONTENTS
Pag•
Trustees. report
ststemÈni of Trustees. re5ponsiblitses
Independent auditorfs report
7-10
Statement of financial acllvilias
11
8alan(x sheet
12
Statement of cash flows
13
Notes lo the financial stat8m8nts
14-28

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT)
FOR THE YEAR ENDED 31 AUGUST 2022
The Trusttras pr￿n1 their annual report and financial statements for the ygar 9nded 31 August 2022.
The financlal statemènts have been prepared In a￿ordanCe unth the accounting P(A￿leS sèt out in note 1 to the
financial statements and comply with the Trust's goveming do¢urnent, the Companie5 Act 2006 and "Accounting
anfl Reporting by Charities.. Statement of Recommènded Practice applicaNe to charities preparing their accounts
ID accord8nce with the Finanaal Reporting Standard applicable in the UK and Reput4ic of I￿land IFRS 1021
leffeclive 1 January 20191".
Objgctiv•s And activities
Thè aim of the School is to stimulate and encourage children lo m8￿Mise their potential in mind, body and Spirft
through a broad and varied curriculum. The School wishes to provide this quality of edLJcation Iw an ever wider
range ol children whll¢ at the same time belng a responsibl8 employer and an integral member of the locAI
community.
The Tfustees arè fully Committed to op8t#ts"ng the S¢hfY)l in thè spirit ol th8 Charitle5 Act 2011 and for the public
benefit in its broadgst sense. They bdiev6 the benefits of the charity to the puplls of the School are dear and
soma ol their a¢hievèm8nts are menliongd below as arg the staps the Trustgas ar& taking to widen awss to tha
¢haflty's benefits by rnaking both laclilie5 and the provision of education ilsdf 8v8ilable to greater numbors ol
childrgn. The Trustees reix)gnisè, however. that 8 balance musl be struck between offering fr88 or reduced-lee
places and maintaining Suffi￿ent Incorne to Sustain the financial health ol th6 charity. The School worf¢s hard lo
m3inlain links with local communily schools, mainly by sharing sports f8cilities and is very open lo involvement in
other ways. The Trustees are atAe to Confirm that all of the expendilure detailed in Ihe8e accounts was Used in
furtherance of the Twst's objeclives.
In furtherance of the Tnjst's objectives, the Trustees h8v8 pursued a policy of fjon&"nuous improvement in both
fac11ities and te8¢hiTrg practices. During the year. this prograrnme Included the renovation ol the Dining Room,
rgfurbishmenl of the Boarders, Comrnon Room and several sitè 8nhancemenls induding fencing and lighting.
The Schod continued to work towards greaer energy efficiency, Including an ongoing swltch frorn standard
lighting to the more effi¢ignt LED variants. Prevantative maintenancè continued on th8 Main House.
The Tnjsl constanlly monllors trend5 and dèvèlopments in educa￿0￿ and where these have proved
advantsgeous they have been adopted. In funding improvements il has always been the policy to generaie
suff1cient surFduses to fund the costs of devdopments. Ther8 has been no change In these policies dunng Ihe
year.
Th8 Twstees have paid due regard to guidanc* issued by tha CharKy Commission in dociding what activities th6
Tru51 should undertake.
Strate9ie r•port
The d8scriplion under the headings 'Achievemonts and perfomanee" and "Financial revie￿ meet the cornpany
law ￿quirementS lor the Trustees to Pfesent a slryategic report.

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
TRUSTEES. REPORT {CONTINUED)(INCLUDING DIRECTORS. REPORT AND
STRATEGIC REPORT)
FOR THE YEAR ENDED 31 AUGUST 2022
AchÉevements and perfomlance
The primary ¢haritable activity of the Trust during the year has been the edU￿t￿n of the {on average) 375
chldren al Westboume House School. Overall pupil numbers increased stèadily during the year, with 3 net gain
of 18 pupils. AJthough numbers continue to reflect the general p*tem of move8 from London. this has ￿OWed
slighly. However, there appears to bè a trand whereby the bigger prep Scho￿$. such as Westboume House, are
becoming MO￿ attractive as Ihey are simply better ￿sourced with more opportunilies.
On the oversèas front. Ihere is a steady uptake from Asia and good numbers from sp81￿. The School has a good
rang8 of agents and contscts lo fttKIl the overseas target of 2(k25 puplls for 22123.
At the end of the year. all 43 pupils in Year 8 passed the Scholarship or Comnon Entran￿ exarnination to gain
places at senior school. Eighte8n pupds won a totsl of 21 awards from their senior school in recognition of their
ability and p(Itenti31.
On th& sports field. sch￿?1 teams and individuds again enjoyed considerable Success. both locally and more
widely, with several pupils competing al distrcl, county and national level. Many more saw their achievements
recognised in a wide ranga of sporting and cultural actiwties. The balanced curriculum indudes a structured
programme of Outdoor Education and Leadership in Years 3 to 8 wrth tailorèd on-site aetivtbes and expeditions.
Despite the residual effects of the Pandem￿, pupils were stiN able to conduct an abridged series of residential
trips throughout the South of England. Yèar 8 were able to conduct a stimulating prograrnme of activities after
their final examinations. Unfortunatsly, overseas sports and academic tours were still on hold due to the
Pandemic, however, the thoir had a very successful trip to Edinburgh over the Easter Break.
During the ytrar, 76 children received assistance from the School in the form of s¢hol8rships or bursaries while a
futher 23 children paid discounted fees. Eight children benefited from bursaries worth 7&100% of the fees.
including two Ukrainian children who joined the School fdlowing the Russian invasion of their county. The
Trusteès et>nkn"nuèd their Oi¢y of wdening access to the School by adverti%ing further substanlial awards.
These are considerable achi8V8m8nts and support the Senior Management and Trustees, aim of maximising
pupl's potential in all ￿g8rd$.
School and Community
The Schocl seeks to promote a family atmosphere within its community and enjoys an 8xcèllenl rel*￿nShIp with
its employee& Staff turnover remains low,. few teachers leave <)ther than on promotion or retirerrent and there is
a good record of Internal Promotion. The School maintains a (Jose relationship with parents and with fomi&r
puplls and continues lo strengthen its tiès the Old Westboumian community.
Westtoume House is very ￿nSCIouS and proud ol its place in the wder community. During 2021-22, the sports
facilitr?5 were fully booked by local dubs and teams, induding badminton, football, Tugby, (Y¢ket and swimming.
In some cases, a ¢h8rge is made to defray a proportion of running expenses, but each week the School prowdes
recreab.onal opportunities lo hund￿￿$ of peoFle from the 10(xl area. The Millennium Hall conts'nues to be
popular venue for festivals of music, drama and dance as well as fund-raising events for charities and the Schocl
looks fowrd to playing a greater role in the ujltural lrfe of Chichaster. Thé h￿￿ of fadi1￿5 for tharitatje and
n(Fraislng activities is generydlly free, or at a grealy rertu￿ rate.
Pupils. parents and stsff again organised a wide variety of fundraising actNitses for this ye8rfs School's ¢haritie$,
induding the Chichesl8r Downs Syndrome Support Group, Team Unlimbitèd, Sausagg Tree Charity and the
S¢hod's own Bursary Fund. The School continues to fund raisè and has amassed suffiryent funds over 4 years
to donate £49,851 to good causes.
Westboume Housè ¢ontributes signfficantty to the local economy. Its emrAoyeÈs predominandy live in the
Chichester Dtstrict and the School has a policy of purchasing g(ths and semces locally wherever possible.

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUAFIANTEE)
TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT AND
STRATEGIC REPORT
FOR THE YEAR ENDED 31 AUGUST 2022
Flnancial r¢vigW
The operating acbvits'es of the Trust generated an income of £6.036 million and this resulted in a surplLts on
unfeslri¢ted funds of £355,214. Tlertr was an increase in operaling income of £911.267 relative l018St year.
T¢)tal balances held wilh National Westminsier Bank and the Nab"onwide Building Sooety 8t 31 August 2022 wtsre
t2.254,961, with a further £1,426,727 held in Invèstments with Rathbones. The Twst mad8 an investment loss
during the p$riod of £130,275.
The Trust rem8ins in a healthy financial position, which will enable it to maintain its ongoing programme of capital
8xpenditure.
Total reserves al the balance sh88t date are £13,049,83712021 £12,689,148), of which £12,945,999 12021
£12,590,785) are unrestricted and £103,83812021- £98,3631 arp restricted.
It is the pollcy of the charity that free ￿ServeS should ba maintained at a18v818quivalent to at least three month's
expenditure. The Trustees consider that reserves al this level wll ensure that. in the event ol a significant drop in
funding. they will be able to continue the charty's current activitias whilst consideralion is given lo way5 in which
additional funds may bè raised. As at 31 August 2022 free reserves stood al £2.489 million representing the
charity's unrèstricled funds18SS tangible fixed ass8ts1£10,457.1451.
The day lo day finances of the chadty are man8ggd by the Bursar and the Budget Manag¢r. The Bursar report5
rggularfy lo the Financa Committee. BudgelirvJ and careful control of expenditure ar8 key policies for the charity,
The charity'5 principal funds are generated from fees charged to parents Df pupils. ￿1 expenditure In thè year,
other than govem8n¢e costs, has been in¢urred spocifically to meet the charity's key objective of edv¢8ting
¢hldTeTr up lo the age of 13.
The Trustees consider that the markat value of the land and bulldings substantlally exceeds the book value of
£9.993 million.
Rlsk revlew
The major risks to which the ch8rity IS 9xposed, as idenlifiad by the Tru5tee$, have been reviewed and systems
andlor d8f8nc85 have been estatrAished, recorded in a comprehensive Risk Register, to man8ge those risks
wherever possible.
Among thos9 risks the most slgnthcanl are con5id8rod to be..
- An adverse change in the legis181ivè regirne under whl¢h independenl schods operate.
- A s@nificanl downtum in the local or nalK)nal economy.
- A tr8lor criminal incident which causes closure of the School andlor severe loss of wnfidenc8 by parents.
- A major accident whSch causes partial or CriM￿ete closure of the School.

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
TRUSTEES. REPORT {CONTINUED)(INCLUDING DIRECTORS, REPORT AND
STRATEGIC REPORT)
FOR THE YEAR ENDED 31 AUGUST 2022
Plans for the future
Westbourne House plans to strengihen ils position in the Preparètory sch￿?1 sector by emptoying SLth(ienl
te8ching staff of the right calibre and expertise to inspire our pupils and by Ènsuring a high stsndard of facilities
through continuous upkeep of the buildings and grounds. Our objedives are set out on P8ge 1.
Our cx)mmitFnenl to the broader community through charity fvndTaising will continue. A po￿On of our fvndraising
will be us8d to 5UPPOrt the Bursary which the trustees see as being an Important aspect of vAdenlng a¢¢ess
to the School.
Structure, governance and management
The Trust is a registered charity and 8 cofTbPanY inixirpordled under the Cornpanies Acts 1985 to 2006. limited by
guarantee. The Trusvs goveming docLJmeFIt is its Mernorandum and Arttdes of Assocjation. The Trust's objects
ala to providè high quality education for children up to the age of 13 years. through the medium ot Westboume
House School, and to prepare children for entry to Public and State sthods.
The Trustees, who are also the d1￿ClorS for the purpose of company law, and who sgrved during the year 8nd up
tD the dale of signature of the finanual 5tatetll8nts were..
Mrs D J AJun-Jones MA
N P Backhouse MA FCA
W Belcher BA
JA B Bruce Bsc FCA
Miss L K Hamblett MA
RAJHIll
rs K Hogan BA
C M Keville (Chairman until 8 July 20221
JA Passam BAMBA
J H L Patrick MVO Bsc {Chairman from 8 July
20221
Mrs S Lmorison BA
CSRIXMA
W J Griffiths Bsc
A-C Stromeyer&llaba MSC
(Resigned 8 July 20221
(Resigned 8 Juty 20221
(Appointed 3 December 20211
(Appointed 7 September 20221
(Appointed 7 September 20221
None of th8 Trusl8es has any beneficial interest in the company. Ail of ths Tru5t8e5 arg m?rnbgrs of the company
and 9warantee to u)ntribute £1 in the event of a winding up.
The Twstees desire that the Board should r8prèsent a wde spéctrum of appropriate interest and experience
including business and adminlstration, education. the law, the arts and. especially. a strong feeling for the Schod
and its aims. Most ol the Trustees have had Children at the School, and it is the pc4icy that onè or two trustees
should be current parents. Trustees may be nominated by anyone connected wrth the School and nominations
Br& eonsidered by a small cornmittee ol Trustees who tske soundings from interested parties. indudiftg the
Headmaster. before recomrnending a name to the full board. The induction and training of new trustees Is In five
ovedapping phases.. a detailed introduction to th¢ Schod by the He8dmasler, menioring by the Chaiman of
Govemors and by the chalmen of cotnmitrtres in their respeGtive areas. frequent visits to the School and regular
conlact via newsletters etc, attendance at events organised by training bodies, and seK-study of training
materias. In the very r￿￿t Educational QU￿lty wth Focused Compjiance Inspection conducted by the
Independent Schoots. Inspeclorate, which t(M)k F4ace at time of writing. the School was f(xJnd to meet or ttxceed
the necessary stsndards.
The Trust is governed by a Board of Trustees (Govemorsl who determine the pc4icy and strategies of the Sthool.
The Bts8rd is supported by the Finance and General Purposes Committee and by the AtrAdemic and P8Stot
Committee. The operational management of the School is directed by the H8adrnesler, Mr Martin Barker (chief
Executive Offi￿rI ènd the Bursar, Mr &ydon FaI￿ner Ichief Operating & Finance Officer) who manage a tota
of 67 teaching staff and 69 SUPPDrt non-teaching stsff, both fvll and part time.

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT AND
STRATEGIC REPORT)
FOR THE YEAR ENDED 31 AUGUST 2022
Rgmuneralion is sel by the Board, with the policy obiedive of ensuring appropriate incentives 10 8neour898
enhanced performance and in 8 fair and responsible manner. rewarding for individual ¢ontributions lo the
Schod's succ95s. The appropriatene55 and relgvance of the r8munèration pdicy is revi8W8d regularly induding
reference to comparisons other independent schools to ensure thet Westboume House remains sensitive lo
thè broader issues of pay and employment conditions elsewhere. We 8im lo rècruit, subject lo expariènca, at a
positlon within a pay band in order to be at￿e to reward staff for excellence. Delwery of the Company's charitable
vision ané purpose is prim8ri1y dependent on our key management personng18nd staff costs are the largast
single dement ol our charitsble expenditure.
The￿ are no restri¢tions on the investrnent powers of the Trustees. The current str81e9y is focused on long term
capilal growth with Rathbones on a Risk 5 Investment Strategy lon a scale 011 to 61. The investment horizon is
long term, with an objective of CPI + 4D/o per annum. The Trustees keep the performance of inveslments under
regular 18vi8w In ordar lo manage and maximise return.
Ass•t covor for funds
Nolo 24 sets out an analysis of the 8ss8ts attributable lo th8 varioLts fvnds and a de%ripllon of Ihe Trusts. These
assets are sufficient to meet the charity's obligations on a fund by fund basis.
Auditor
In accordance with the company's artides, a resolution proposing tttat Jones Avens Limited be reappoinled 88
auditor of Ihg company will be pul al a G8nera Meeting.
Dlsclosur• of Informatlon to audltor
Each of Ihe Trust88s has confirrned that there is no informab.on of whidi they are aware which is relevant io Ihg
audlt, but of which the auditor is unsware. They have further confirmed that they have takèn appropriate steps to
identify such relevant information and to eslatAish ihat the auditor És awar8 ol such informatK)n.
The Trustees, report, induding tre strategic report, W88 approved by the Board of Truslees.
J H L Patrlck MVO Bse {ChaSrmanl
Trustee

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 31 AUGUST 2022
The Trustees. who ar8 also the directors ot Westbourne House Sthoot Educational Trust Limited for the purpose ol
company law, are responsible for preparin9 the Trustees, Report and the financia slalements in 2¢¢ordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounb"ng
Practico}.
Company Law requires the Trustees to prepare financial st*ements for each finanual year which give 8 tnje and
fair view of Ihe state of affairs of the Trust and of the incoming resour¢es and 8pplicatKtyn of resoufces, induding the
Inrome and expenditure, ofthe charitable ctsmpany for that year.
In preparing these financial statements, th8 Trusts85 are required to:
- select suit3b18 aeeounlng Oicies and then apF4y them o)nsstendy'.
- obseNe the m8thods and principies in the Charities SORP..
- makejud9ements and estirnates that are reasonable and prudent..
Stale whether applicatle UK Accounting Standards hava beèn followad, subig¢t to any rnaterial dgparturgs
isclosed and explained in the financial statements- and
prepare Ihe financial statements on the going concern basis unle55 It is inappropriate to [￿urne that the Trust wlll
continue in operatson.
The Trustees a￿ responsible for keeping adequate accounting records that disdose with rea5￿able accuracy al
atry time the finanaal position of the Trust and Ènable them to ensure that the financial Statements comply with the
Corrpanies Act 2006. They ar¢ also respor￿S￿8 for ￿fegUarding the assets of the Trust and hence for taking
reaSona￿e steps forthe prevention and detertDn of fraud and other irregularities.

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST
LIMITED
Opillion
We have audited the fin8nci81 statements of Westbourne House School Education81 Trust Limited lthe 'Trusl'l for
the year ended 31 August 2022 which comprise the statement ol financial activities, thè balance sheet, the
518lement of cash flows and notes to the financial statements. indudino significant awounling policies. The financial
reporting framework that has be8n appllèd In t￿lf preparation is appllcabl& law and United ¥thngdom Accounting
Stsnd8rds, induding Financial Reporting Standard 102 The Fin&ncial Reporting St8nd8rd applicable in the UK and
Republic of I￿land (United Kingdorn Generally Accepted Accounting Practic&l.
In our opinion, the financial statements..
gNe a true and fair view of the stale of the ¢h8ritÈble company's affairs 88 at 31 August 2022 and of its
incoming resources and applictttion of resources, induding its income and expenditur$, for the year then
end8d.,
have been properly prgparod in accordance with United Kingdom Generally Accepted Accounting PractlCE',
and
have been preparod in accordance with ths rgquirements of the Companies Act 2006.
Ba$1$ for oplnlon
W8 conducted our audit in aeeordanc8 with InlgmationBI Standards on Auditing IUKI IISAS IUKII and applicable
law. Our responsibiliiies under Ihose standards are further described in the Auditors ￿$￿onsIbl11￿'eS for th8 8udrf of
thg financi81 slalemenls section of our report. We are independent of the Trust in acwidanc8 wilh the ethical
requirements th8t are relevant to our aud6t of the ftnancial 518tements in the UK, induding the FRC'S Ethical
Standard, and we have fulfilled our tslhsr &thical responsibiliti$s in accordance with thesè rèquirements. We bdieve
that the audit evidenrE we have obtained 15 5ulncienl and appropriate to provld& a b&sls IOT our opinion.
Concluslons relating to going concern
In auditing the flnanclal stateTnen15, W8 hawe concluded that the Trustees, use of the g(>lng concern basls of
accounting in the preparation of the financial statements is appropnato.
Based on the work we have performed, we have not idenlified any rnaterial uncertainties relating to events or
conditions that, individually or colleclwely. may cast signlfieant doubt on th8 Trust's abllity to continu8 as a going
concem for a period of at le8St ￿e1ve months from when the financial statements are authorised lor issue.
Our re5ptsnsibilities and the responsibilities of the Trustees with respect to going con￿rn are desmbed in the
rslevanl sections ol this report.
othèr Infomiatlon
The other information comprfses the information included in the annual raport other than the fin8nci815tatam8nls
and our auditorts report thereon. The Trustees arè responsible for the other inlormation contained within the annual
r8port. Our opinion on Ihe financial slalements does nol cover th8 other Information and, except lo the txtont
otherwse explicitly stated in our report. we do not express any form of assurance conclusion thereon. Our
responsibility Is to read the other information and. in doing so, consitter whether the othèr information is Mat&ri￿lY
incons1Stent with the financial stslements or our knowledge obtsined in the course of the audit. or otheNise appears
ID be rnalerially misstated. If we idenlrfy such matgrial inconsistgn¢iès or apparent material misstatements, we are
raquired to determine whether this gives rise to a material misstatement in the financial statements themselves. 11.
based on the work we have p8rfDrmed, we conclvdtr that Ihero is a material MISSta￿Ment of Ihis other information,
we are r8qulrèd to report that fad.
We have nothing to report in this regard.

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST
UMITED
Opinions on othBr matt8r5 pr85cribed by the Companies Act 2006
In our opinion. based on the work undertaken in the course of our audit
the information given in the Trustees. report for the finanaal year for which the financAal statements are
prepared, which indudes the directors, report and the strategic report prepared for thè purposes of company
law, is ¢onsisieni wth the financl81 statements., and
the strategic report and the directors, report induded within the Twstees. report have been prepared in
accordonce wrf¢h appli(xble legal requirements.
Matters on whleh we are required to report by exception
In the lighl of the knowledge and understanding ol the Trusi and its Èn*Tronment Dbtained in the COUTse of the audit,
we have not identrfied material misstat8m8nts %n Ihe str8t8giG report or lh8 directors, reKK)rt induded wthin the
Trustees. report.
We have nothing lo reFQrt in respect of tha following matters in relation to which the Companies A¢t 2006 reot4iras
us to repDrt to you if, in our opinion=
adequate accounting records hava not béon k¢pt, or relums adequats for our audit have not been received
from branches not wsited by us.. or
the financial statements are not in agreement wrth the accounting rectsrds and rètums- or
(Ertain disdosures of trustees, remuneration specified by law are not made.. or
we have not received all the information and explanations we require for our audiL
Responsibilities of Trustees
As explained more fijlly in the statement of Trustees, ￿SponsIbl11￿"es. the TNstees, who are 81$0 the directors of the
Trust for the purpose of company law, arè responsible for the preparati￿ of the financia statements and for being
satisfied that they give a true and fair view. and for such intemal control a5 the Trustse5 delemiine is necessary to
enable the preparation of financial ststements th81 are free from material misstatement. whether due to fraud or
error. In p￿paring the finanThal ststements, the Trustee6 are responsible for assessing the Tnjst's ability to continue
as a going concem, disdosing. as applicable. matters related lo going COn￿M and using the going concern basis of
accounting unless the Trustees etlh8r intend to liquidats the charitable company or to ￿ase operations. or have no
redisÈc altemative bLrt to do so.
Auditorfs responsibil￿eS for the audlt of the finanelal ststements
Our objectives are to obtain reasonable assurance about whether the fjnaneial ststèments ag a wh(48 are fre8 from
maieriat misstatement, whethèr due to fraud or error. and to issue an aydilorfs report that indudes our opinion.
ReasOna￿e assurance is a high 18vd of assurance but is not a guarantee that an audit conducted in accordance
wlth ISAS IUKI will alway5 detect a material misstatement when it e￿Sts. Misstatements can arise f(om fraud or
error and are wnsidered material if, individually or in tha aggr89ate, they rould reasonatAy be expected to irffiuen(
Ihe economic decisions of users taken on the basis of these finaneial statements.

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST
UMITED
Identifi¢atign and assessment of irregularities including fraud
IrregularltiÈS, SnclLJding fraud, are instances of non-compliance with laws and regulations. Wt designed prOcedLJ￿s
in line with our responsibilities, outlined 8bove, to detect material misstalements in respect of irregularities, including
fraud. The extent to vthlcl) our procedures w8re Capable of detecting irregularities, including fraud is detailed bdow..
we f￿Sed on specific laws and regulalions whith we con5ideied may have a direct mateiial effect on the
financial statements or the operations of the association, induding The Companies Act 2006.
W8 obtained an understsndlNJ of the legal and r8gulAtory framework applicable to the entity and how th8
entity ig complwng with that framework by Maki￿ appropriate enquiries of management as well as
consldering the intemal controls in place to mitlgate rlsks ol fraud and non-eompliance with laws and
regulabons..
we mada Snquiries of th058 charged wth governance and management concgming..
the fisks of fraud.,
inslances of non-compliance with laws and regulatioris or kn￿edge of actual, suspected, or
allsgad fraud is docurn8nt8d during the p8rK)d..
we ￿1¢Xated an 8ng8gement team that wè considered ccAlectivèly had ihe appropriate competence and
capabilities lo identify or recognise non&compliance with laws and regulations.
Audlt response to the rlsk of lff•gul?rltles Indudlng fraud
B8sed on tt)e results of our risk assessment. OUT procedures induded, but wor$ not limited to.,
pÈrfom)ing analyiic81 pro¢edures to identify any unusLtal or unexp8cled relationships.
evdualing wh8lhèr the selection and applicatson of accounting policies by the enlty that may be indicative
of fraudulont fin8ncAal reporting resulting from managemeni's effort to manage eamin9S.
ssessing whether judgements and assumptions mad8 in deterrnining the a￿UntIng estimatés sel out in
note 2 were Indicative of potential blas.
agreeing financial staternent disclosu￿S to undertying supporting do¢umentalion.
reading thg minutes of meetings ol Ih05a charged with governancè.
reviewing the corresponden¢$ v4ith rdevanl regulatory fjodies.
testing of journal entries to address the risk of fraud throu9h management override.
incorporating an g18ment of unpredictsbdity in the sdection of the nature, timing. 8nd èxtent of our avdit
procedures.
corrobor8tin9 the business r8tionèle for transacts'on$ OLJtside the normal ￿vr$0 of business.
Conclusions regarding thè rlsks of irregularities Including fraud
Thei6 are inherent Ilrnit8tions In our audit procèdures described above. The more remov8d that laws and
regu18tions are Irorn financial transactions, the less likely it is that we would become awa￿ of non-compli8nee.
M8t8rial missiatement5 that arise dug to fraud ¢an b8 harder to deted than th08e that 8rise frow error as they may
inv￿Ve deliberate concealment or collusion.
We coTrsid6red our audit was capable of detecling irregulaftties due to..
effectiveness of the entity's internal controL8',
the nature, timing and extent of audit procedures perforrned.. and
the absence of contradictory evid8nce.

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST
UMITED
A further description of our responsibilitiès i% availabl& on the Financial Reporting Council's website at.. https'.11
wvJw.frc.org.uklauditorswponsibilities. This description foms part ol our auditorfs reporL
Use of our report
This report is made solely to the charilabje company's members. as a body, in accordance Chapier 3 of Part 16
of the Companies Act 2006. Our audit work has been undertaken so that we rnight state to the i*aNtsble cornpanI5
members those matters we are required to state to them in an auditorfs report and for no other purpose. To the
fLdlest extent pemrtted by law, we do not accept OT assume responsibility to anyone other than the charitable
mpany and the chafitsble company's members as a body. for our audit ¥4ork, for this report. or for the opinions we
have f01rn￿.
Claire Norwood BS¢ FCAATII (Senior Statutory Audhor)
for and on bèhalf of Jone$ Aven5 Limitod
Chartered Accountants
Stotutory Auditor
Piper House
4 Dukes Court
Bognor Road
Chichestèr
West SLtssex
P019 8FX
10-

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2022
Unrestricted Restricted
lunds
funds
2022
2022
Total Unrestrieted Restricted
funds
funds
2021
2021
Totsl
2022
2021
Notes
In¢orne and endowments fro
Donations and legacies
Choritable activities
Investments
Other income
542
5,943,495
33,748
80,347
11.363
11,905
5,943,495
33,748
80,347
548
4,%7,307
15,964
155,407
1,218
1,766
4,967,3D7
15,964
155.407
Total income
6,058,132
11,363
6,069.495
5,139,226
1,218
5,140,444
ènditure on..
Raising funds
9,863
9,863
7,962
7,962
Charitable activities
5,562,780
5,888
5,568,668
5,137,588
1,434
5,139,022
Total &xpgnditure
5,572,643
5.888 5,578,531 5.145,550
1,434 5.146,984
Net gainslllossesl o
invostments
13
1130,2751
1130,2751
193,610
193,610
Nèt incoming reBour¢oS
b•for• transfers
355,214
5,475
360,689
187,286
121fj1
187,070
Gross translers b8lween
fund5
15
1,000
11,0001
Net movement in funds
355,214
5,475
360.689
188,286
11,2161
187,070
Fund balances al 1 Septgmber
2021
12,590,785
98.363 12,689,148 12.402,499
99,579 12,502,078
Fund balane8s at 31 August
2022
12,945,999
103,838 13,049.837 12,590,785
98,363 12,689,148
The slatemènt of fftnanclal activrties includès all gains and losses 18cognised in the year.
AJI income and expenditure derive from continuing activilies.
The s1ot&m8nt ol financial a¢tivitias also com￿leS with the requirernents lor an inwme and èxpendilure account
under the Comp8nles Act 2006.

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
BALANCE SHEET
ASAT31 AUGUST2022
2022
2021
Notes
Flxed assets
Tangible assets
Investrnents
16
17
10,457,145
1.426,727
10,506,626
1,284.302
11.883,872
11.790,928
Current as$ets
Debtors
Cash at bank and in hand
19
292,005
2,256,314
274,805
1,711,202
2.548.319
1,986.007
Creditor¥: amounts fallin9 due within
onè ygar
20
11,357,354)
11.087.787)
Net current assets
1.190,965
898,220
Totsl assets less current liabiltties
13.074.837
12,689,148
Provisions for liabilitie$
21
125,OC()I
Net assets
13,049,837
12,689,148
Income funds
Restricted funds
Unrestrictod funds
General unr8strict8d funds
Revaluation reserve
103,838
98,363
12,902,122
43.877
12,389,307
201.478
TO1￿ unrestricted funds
12,945,999
12.590,785
13,049,837
12,689.148
Thea
Is were approved by thg Trustees on ..
J H L Patrick MVO Bsc (Ch8irmanl
Trustee
Company Registration N￿ 902869
12-

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE>
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 AUGUST 2022
2022
2021
Notè$
Cash flows from operatlng actlvltle¥
Cash generated from operation6
28
876,442
435,733
Invtstlng activities
Purchase of tangiblè fixad assets
Purchase ol other investments
Proc88ds on disposal of other investments
D1vidgnds and inleTest r8ceiwd
192,3781
1430,2901
137.853
33,748
1196,168}
11,004.3711
246,814
15,964
N•t cash used in in¥￿tIng activitie$
1351,0671
1937,7611
Ngt eash used in fin¥ffteing actlvities
Nèt Incr•asolld¢¢r•as•l In cash and cash
gquivalonts
525.375
1502,0281
Cash and cash gquivalenls al beginning of year
1,743,654
2.245,682
Cash and ¢ash •quivalonts at gnd ot yaar
2,269,029
1,743,654
Rdating to..
Cash and Bank balances
Cash In Investrnent portfollo
2,256,314
12,71S
1,711,202
32,452
2,269.029
1,743,654
13-

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2022
Accounting policiès
Charity inVomJation
Westboume Housè School Edu￿tIonal Tnjsl Limited is a private company limited by gl￿rantee incorporated
in England and Wales. The registered office is WestboLtme HOl￿e School, Coach Road. Shopwyke,
Chich8St8r, West Sussex. P020 2BH.
1.1 Accounting convention
The finanu31 statements have be8n prep8r8d in accordance wth the Trust's goveming doojment, the
Cornpanies Act 2006 and "Accounting and Reporbng by Charilies.. Stalemenl of Recommended Practice
￿p￿ICable lo Char￿eS preparing their accounts in accordance with the Financial Reporting Standard
apF41Ca￿e in the UK and Reputlic of Irdand (FRS 102) {effeuive l January 20191.. The Trust is a PutAic
BEnEfit Entty as defined by FRS 101
The financial statements are prepared in starfing, whlth is thè (unclional currenoy of the TrusL Monelary
amounts in these financial statements arè rotjnded t¢ the nearest £.
Thè accounts have been prep8re(l under the h$stori￿1 cost conventron, modified to indude the revaluation of
certain financial instwments at tsir value. The prinapal accwnting pdicies adopted are set out below.
12 Going concern
At the time of approving the financial statements, th¢ Trustees have a reasonable expectation th* the Trust
has adequate resources to continue in operational existence for thg foreseeaiAe future. Thus the Trustees
continue to adopt the gung eA)ncern basis of a¢wunling in preparing the finanaal statements.
1.3 Charitsble funds
Unrestricted funds are available for use * the discretion of the Trustaes in furtherance of their tharitable
objectives.
Restricted fvnds 8re subject to specific conditions by donors as to how they may be used. The purposes and
uses of the restrioted fvnds are sel OLrt in the notes to the finanaal statements.
1.4 Income
Income. induding grants. is recognised when the Trust is legally entloed lo k after any perfomance wndllKJns
have been met. the amounts can be mèasured reliably, and 4t is probable th81 In￿Me will be received.
Cash donations are recoJnised on receipt. Other donaoons are r6cognised oncè Iha Tnjsl has beèn n¢)bfied of
thè donation, unbss perf0rrnan￿ conditions ￿Quire ¢Jeferml of the amount. Income tax reeoverable in relation
to donations received under GiftAid or deeds of covenant 15 r8ix)9nised at the *'me of the donation.
Legaoes are ￿e￿an[Sed on receipt or otherwise rf the Trust has been nolffied of an impending distribution, the
amount is known, and receipt &% expected. 11 the 8mlYJllt is not known. Ihe18gacy is treated as a conts'ngent
sset.
Induded in other ino)me are reCoVera￿eS which are shown net of expenditure. These are shown net because
they are smaEI amotjnts Spent which are recoverat4e from the pupls and are induded on the bills sent to
parents.
14-

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
Accounting polScig8
(Continued)
1.5 Exp•ndiWro
Llabllitles are iecognised when they are incurred and the costs are debited to the Statement Of Financial
Activities in full in the year in which they relate to. Eduealion equipment and materials and sports and games
equipment incurre(J in June, July and August are treated as prepaid and are therefore debited to the
Statement Of Financial Acbvilies in the following financial year.
Charrtable actlvitles expenditur8 consists of provKlillg education whiGh is split betrNeen activrties undertaken
direclly, grant Ivnding ol activities, SUPPOrt costs and govemance costs. Activities undertaken directly includes
the gross salary. ernployerfs Nl and emrAoyeffs pension ol the teaching staff, the depr8ciation of the cornput8r
eouipmenl, educalion equipment and materials, sport and g8mes èquipment, educational visits and 8Ctivities
and provisions. Support costs indudes 811 the other costs incurred ex￿p1 audit and 8ccountancy lees which
are induded in Governance Costs.
1.6 Tan9ibl• fix•d assets
Tangible fixed assets other Ihan fre8hdd land are slated at cost nel Df depreciation and any impairment
10558S.
Depreuation is recognised so as to write off the cost or valuation of assets less their residual values over IheSr
useful lives on the following bases..
Freehdd land an(J buildings
LÈaseh(Ad property
ant and rnathinery
Fixtvras, fittings & equipment
Computers
Motor vghic18S
15 years 150 year5 Straight line
25Yo Reducin9 balance I IOYts 51raight linè
10¢/0 Reducing b818nce
10°k- 250/y Straight line
25% Reduc¢ng balance
No depredation is prowded on freehold buildings on the grounds that it would be immaterial as the buildings
have an 85￿[nated long rern8ining useftl life and hlgh residual valu8.
The gain or loss arising on the disposal of an 85set 15 determined a5 the difference between the sale Proceeds
and th8 carrying value ol the a55Et, and is recognised in the statement of financial activiti95.
1.7 Fixed assot Invosim•nts
Flxed asset investments are Initially méasured at Iran53dlon price exduding transactK*n c0515. and are
subsequently me8surtrd at fair value at èach reporting date. Changes in fair v8lu8 are rgcognisgd in n&t
incomèllèxpendituiel lor the year. Transaction costs are expensed as incurred.
1.8 Impairmgnt of fixed asselfj
At each reporting end date, lh& Trust reviews the carrying amounts of it5 t8ngible assets to detemine whether
Iher8 is any illdicalion that thos8 assets have 5uffer8d an Impairment loss. If any such indication axists. the
recA)verable amount of the a88el is ègiimated in order lo detemiine the extent of the impairrnent lo￿ lif any).
1.9 Cash and ¢4$h èqulvalents
Cash and ¢ash equivalents include cash in hand, deposits held al call with banks, other short-term liquid
investrnents wth onginal maturrfties of three montt)s or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
15.

WEST8OURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED}
FOR THE YEAR ENDED 31 AUGUST 2022
Accounting poli¢ie$
{Contlnuedl
1.10 Financial instruments
The Trust has elected to apply the provisions ol Section 11 'Basic Financial Instruments, and Section 12
'Other Finanual Instruments Issues, of FRS 102 to ail of its finanaal instruments.
Finanaal instruments a￿ recognised in the Tnjsvs b81an¢e sheet when the TTUSt becomes paty to the
contractual provisions of the instrument
Finanaal assets and liat￿l￿e$ are offset, ￿th the net 8mounts presented in the financial statements, when
there is a le9ally enforceable right to set off the ￿cognISed amounts and tl*re is an intention to settle on 8 net
basis or to realise the asset and setue the liabaity simultsneously.
Basic financial assets
Basic financial assets. which include debtofs and cash and bank balanc&s, 8re intbally m8asuTEd at
transaction price induding transaction costs and are subsequgnlly carried at arTKTrrbsed cost using the effective
interest method unless the arrangement conslitule5 a financing transaction, Ythere the transaction 15
measureil 81 the presenl value of the ftJtL¢re receipts discounted at a market rate of interest. Financial assets
dassified as r￿1vaNe within one year are not amortisetj.
Baslc ffnanclal Ilabilities
Basic finanaal liabilities, including creditors and bank loans are initially r&cognised at tran5achon priGE unl955
the arrangement constitutes a financing transaction, where the debt instrurnent is measured at the present
vdue of the future payments discounted at a market rate of interesL Financid 1rdb1￿lIeS classified as payable
witrin one year ar8 not amortised.
Debt instrufft8nts are subseouenuy carried al amortised cost. using the effective interest rate method.
Trade Credito￿ are obligations to pay for goo(Is or services that have been acquir￿1 in Ihe ordinary ¢ourse tsf
operations from suppliers. Amounts payable are ckssified as current liabilities if payment is due Trmthin one
year or less. If not, they are presented as non-current liabilities. Trade crEditors are recognised initially at
transaction Pri￿ and subsequently measured at amortised cost using the effecb.ve interest method.
Dereeognition of financial liabilities
Financial liabil￿¢5 are derecognised when the Trust's contracEual obligations expire or are distharged or
¢8ncdl8d.
1.11 Provislons
Provisions are ￿cOgnISEd when Trust ha5 a 18gal or conslrucbve pre59nl oNigatson as a resuh ol a past
event. it is probable that the Trust will be required tC> settle that obligation and a reliable estimate can be made
of the amount of thè tsblig*ion.
The amount recognised as a provision is the best estimate of the consideration required to setue the present
o￿lgatiOn at the reporting end date. tsklng Into a￿)Unt the risks and un¢ertainties sutr(>unding the oblig8tion.
Where the efed of the time value of money is material. the amount expec￿ to bé requirèd to setde thè
0￿19ation is recognised at present vdue. When a provi&on ts measured at present valiEe. th8 unwinding of
the discount is recognised as a financè cost in net incomèllèxp8ndi1u￿I in the pefio¢I in whith il arises.
1.12 Ernployee benefits
Thè cost (rf any unuseil holiday enliuernenl is rewnised in the period in which the employee's service5 are
received.
Termination benefits are reeognised immedi8t81y 8S 8n &xpens8 when the Trust is dernonstrabiy Cc￿Mitted to
terminate the employment of 8n employee or lo provide termination benefits.

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
Accounting polltlès
{Continuedl
1.13 Ratirnm•nt benerrtS
Payments to defined contribution retirem8nt benefrt schemes are Char￿ as an expense as Ihèy fall due.
Cfltical accounting estimot•$ and ludggments
In the a￿￿1¢ation of the Tnjst's accounting policies, the Trustees ara required to make judgemènts, eslirnales
and assurnptions aboui the carrying amount ol assets and liabilities that are not readily apparent from other
sourTrs, The ethmates and associated assumptions are based on hislorical experience and other factors that
are considered lo b8 relevant. Actual results tnay dlffer from these estimates.
Th8 estimates and undedwng assumptions are r8vlewed on an ongoing basis. Revisions trj accounting
e5timat8s ara recognised in the pèriod in which Ihe estimatè is revised wherè the revision affects only that
periyl. or in th8 pèrlod of the r8vision and future peri¢xSs where the revision aftects both current and fvlure
perM)d&
Dofiationg and legacies
Unrestrrcttrd Restrlcted
fund$
funds
Totsl Unreslricled
funds
Restrlcted
funds
Total
2022
2022
2022
2021
2021
2021
Donations and gifts
Grants receivablè for
)re activTh'e5
542
9,363
9.905
548
1,218
1,766
2,000
2,000
542
11,363
11,905
548
1,218
1,766
Ch4riièbk 8¢tl¥ltlet$
2022
2021
Gross Fees recèivable
Less., Bursarie5, Scholarships and Discounts
6.632,551
1760.1591
5.794.716
1861,5831
Net Fees r¢ceSvable
5,872.392
4,933,133
R8crealional facilities
Summer camps and courses
50,401
20,702
15,969
18,205
5,943.495
4,967,307
17.

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
Investments
Unrestricted Unrestricled
fund5
funds
2022
2021
In¢ome from listed inveslments
Interest receivable
32.556
1.192
15,519
33,748
15,964
Other Income
Unrestrictsd Unrestricted
funds
fvnds
2022
2021
Okher income
Coronavinjs Job Retention Stheme grants
80.347
65,138
90.269
80,347
155,407
Raising funds
Unrestricted Unrestricted
fund5
funds
2022
2021
Investment man
9,863
7.962
9,863
7.962
18-

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
Charitable actlvltles
Provldlng Pmvldlng
education
educatiori
2022
2021
Staff costs
Depr8ciatSon and impairment
Educatitsn equipment and materk4ls
Sport and games equipment
Education85 visits and èctivrties
Provisions
2,861,406 2,919,824
58,837
45,315
142.105
117,131
9,530
3,824
30,556
11,674
190,560
122,966
3,292,994 3.220,734
Grant funding of activities158e note 91
5,888
1.434
sha￿ of support Costs (see note 101
Sharo of govemance costs Isee note 101
2,250,636
19,150
1,897,794
19,060
5,568,668 5,139,022
Analysis by fund
Unrestricted lunds
Restricled funds
5,562,780 5.137,588
5.888
1,434
5,568,668 5,139,022
Grant$ payable
Provldlng
education
2022
Providing
edvcation
2021
Gionls to individuals12 grants)
5.888
1,434
5.888
1,434
The grants payable in 2022 of £5,888 are restrlcted grants to tsyo Ukralnian relugees lor their fees paid out of
the Bursary Fund.
The grant payable in 2021 of £1,434 is 8 restricted grant to an individual paid oul of the Bursary Fund.
19-

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
1Q Support costs
Support Governance
costs
costs
2022Sup4X)rt Costs Goveman¢e
costs
2021
Staff costs- Suppl*(
Staff costs- Welfare
Staff ¢osts- Holiday Pay
provision
Depreciation
Rates
Insuranc8
Light and heal
Repaits an¢J
maintenance
Printing. postage,
stationery. advertising
and websrte
Telephone and f8X
Motor expenses
Legal and professional
fees
School inspection
Household expenses
Cleaning cA)ntracts
Upkeep of grounds and
po
Bad debts
Sundry expenses
Bank charges
972.662
360,454
972,662
360,454
854,699
320.019
854,699
320,019
25,000
83,022
98,774
46,169
152.909
25,000
83,022
98,774
46,169
152,909
91,653
89,583
40.970
90,207
91.653
89,583
40,970
90.207
165.023
165,023
101,306
101,306
78,032
8,021
45,167
78,032
8,021
45,167
64.692
64.692
8,644
34,915
34.915
19,384
19,384
3,645
47,015
7,572
63.
3.370
35,888
21.715
63,066
3.370
35.888
21,715
47,015
7,572
74.494
26,692
29,620
6,981
74,494
26,692
29,620
6.981
51,241
2,367
19,558
3.901
51241
2.367
19,558
3,901
Audit fees
Accountancy
6.325
12,825
6.325
12,825
6,295
12,765
6,295
12,765
2,250.636
19,150 2,269,7B6
1.897.794
19.060
1.9f6,854
Analysed tse￿een
Charitsble activities
2,250,636
19.1SO 2.269,786
1.897,794
19.060 1.916.854
Govemance eosts indud8S P8ymgnts to th8 8uditars of £6,325 12021- £6.2951 for audit fees and £12.825
12021- £12,765) for other serM¢es.
11 Tru$te¢s
None of the Trustees lor any p8r50ns connect8d with them) Te¢eived any remuneration during the year. and
none of them We￿ reimbursed tr8velling expenses12021- none).
-20-

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED>
FOR THE YEAR ENDED 31 AUGUST 2022
12 Employ¢o¥
Numbèr of ernployeès
The average monthly number of ern￿oYa&S during the year was..
2022
Number
2021
Numbor
Teaching staff
Admin and support staff
welfa￿ stsff
68
40
21
45
24
136
129
Employment co$ts
2022
2021
Wages and salaries
Social security costs
Oiher pension costs
Oth8r staff costs
Holid8y pay provSsion
3.476,376
309,189
350,116
58,841
25,000
3,244.688
287,416
509,119
53,319
4.219,522
4,094,542
The total number Of full Ume 6quivalenl staff was 10312021- 981- Thls eomprfsed teaching staff of 5712021-
571, admin and support staff of 3112021 2718nd welfare staff of 1512021- 141.
The number ol employees whose annual remuneration was £60,000 or more
were..
2022
Number
2021
Number
£6O,000- £70.000
£70,CQO- £80.000
£100.000- £110,000
£110,000- £120,000
During tha yaar, the charity Paid £48,021 12021- £39.1091 pensicw contributions for 512021 31 m8mbers of
staff eaming over £60.000.
21

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
13 N•t gain￿1105¥eSI on investments
Unrestricted Unrestricted
funds
funds
2022
2021
Revaluats'on of investments
GainlUoss} on sale of investments
1127.5061
12,7691
173057
19.753
1130,2751
193,610
14 Taxation
Due to its charttable status no Itabilty to taXat￿n arises in the financi￿ yeBr.
15 Transfers
There is a transfer in the wmparative year from reslricted to unrestricted ftjnds of £1.000 due io restricte
fijnd expendtbjre having been ¢apitalised.
-22-

ooo

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED}
FOR THE YEAR ENDED 31 AUGUST 2022
17 Fixed asset investments
Listed
investments
Cash in
portfollo
Total
Cost or valuation
Al 1 September 2021
Additions
Valuation ¢h8nges
(Deueasel in ptsrtfdio cash
Disposals
1,251.850
430,290
1127,5061
32.452
1,284,302
430.290
{127,5061
119,7371
{140,6221
{19.7371
1140,6221
At 31 August 2022
1,414,012
12,715
1,426,727
Carrying amount
At 31 August 2022
1.414.012
12.715
1,426,T27
At 31 August 2021
1,251,850
32,452
1.284,302
Fixed asset investments revaluad
The investments are induded at middle price market Value at 31 August 2022. The histOrifAI cost of these
investments is £1,382.850.
18 Financial instruments
2022
2021
Canying amount offinancial assets
InstrJm&nts measured at fair value through profit or loss
1.414.012
1.251.850
19 Debtor5
2022
2021
Amounts falllng due within one year-
Trade debtors
Other debtors
Prepayments and accrued inwme
79,386
18.504
194.115
97.385
38.520
138,900
292,W5
274,805
-24-

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2022
20 Credltors: amounts fallSng due wlthln onè year
2022
2021
Other laxalion and social security
Tr3de creditors
Other ¢rèditors
Accruals and deferred incorn8
95.524
124,183
1.094,929
42,718
85,496
42.905
939.609
19,777
1,357,354
1,087,787
21 Provisions for liabilities
2022
2021
Holiday pay provision
25,000
Movements on provisions..
Hollday pay
provlslon
Additional provisions in the ye¥r
25,000
Thore is 8 holiday pay provision of £25,000 which relates to the re-calculation of the hdid8y pay element of
several staff who are on annvalis8d contracts who work term time Dnly. The change in calculatlon is as a
resull of a High Court ruling and further advice is being sought on this before performing Ihe calculations. Th$
Payments will have to b8 tnade In the 2022123 financlal year and the £25,CN)O is a best estimate of what will
be due for the 2021122 year.
22 R•tlr•m•nt benefit $¢hèm•s
Oeflned contributlon schemes
The Trust operates a dèfinad conlribulitsn pènsion scheme for all quBlifying employeès. The assets of the
scheme are held separately from those ol th8 Trust In an Independenly administered fund.
Thè charge lo proffl or loss in respect of defined contribu¢ion schemes wa5 £350,11612C121- £33.5491. At the
bdance sheet date the￿ were ac¢ru&d pension Contributions of £49,081 12021 £8,404).
Defined bon￿11 sehem8
unt￿ 31 August 2021 the Sthool parbopated in the Teachers, Pension Scheme I'the TPS'I for its teaching
staff. The pension charge lor the comparative year indud8d contribution5 payable to the TPS of £475,570 and
al 31 August 2021 £55,878 WBS accrue¢J in respect of contributions to this scheme, with the fin81 payment
bèing made lo the TPS on 6 Sept&mber 2021.
-25-

L4 b)
ooo
oo

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
24 Analysls of ntrt assets between funds
Unrestricted R•strlctgd
funds
funds
2022
2022
Total Unre$lflCtèd
funds
2021
Reslrided
fundg
2021
Totsl
2022
2021
Fund b818nces at 31
August 2022 are
reprtrs¢nted by..
Tangible assets
Investments
Current assetsllliabilitiesl
Prowsions
10,457,145
1,426,727
1,087,127
125,0001
10,457.145 1Q,506,626
1,426,727
1.284,302
1,190,965
799,857
125,0001
10.506,626
1,284.302
898.220
103,838
98.363
12.945,999
103.838 13.049.837 12,590.785
98,363 12,689,148
Operating lease commltrn•nts
At the ￿PortIng end date the Trust had outstanding commitments for futu￿ Minimum lease payments under
non-cancellable op8rating 5ease5. which fall due a5 fdlows..
2022
2021
Wiihin one yeor
Batsv86n and fiv8 y*ars
6,666
13,332
26,024
19,998
19,998
46,022
Th8 operating lease payments recognised as an eX￿nSe in the year were £25,90412021 - £25,9041-
2022
26 Capitsl commltments
2021
Al 31 August 2022 the Tru* had capiial commvimgnts a8 follows=
Contracted for bul not provided in the financial stal&m8nls'.
Aryuisition of properly, plant and equiptnenl
48.318
27 Related party transactlons
Rtmuneratlon ol kèy managernent p•rsonn•l
The remuneration of key management personn¢l is as follows.
2022
2021
Aggregate compensatlon
424,168
421,109
-27-

WESTBOURNE HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
Related paity trdnsactton5
(Contin￿d>
Transactions with related parties
Mr J Bruce has chlldren th* att¢nd the school wilh fee arrangements teing in accordanee tht sth(xA's
r￿Mal lem)s.
Cash gènernted from operations
2022
2021
Sutplus for the year
360,689
187,070
Adjustmtrnts for
Investrnent income rècognis8d in statsment of fir5anc4al activities
(Gainlloss on disposal of tangible fixed assets
Lo￿l9a1n} on disposal of investments
Fairvalue gains and ltssses on investments
Depreciation and impatrment of tangitA? fixed a￿ets
113,748)
115.964)
2,769
127,506
141,859
(1g,753}
(173,8571
136,934
Movements in worlong capital:
{Increaseydecrease in debtors
Increase in ueditors
In¢re#se in provisions
117,200)
269,567
25.000
97.309
223.960
Cash generated from operations
876,442
435,733
29 Analyst5 of changes in net fun
The Trust had no debl during the year.
-28-