|`Governors,TrusteesandAdvisors`||
|---|---|
|`AnnualReportofCouncil`||
|`StrategicReport`||
|`StatementofCouncilMembers’Responsibilities`|`18`<br>`-19`|
|`IndependentAuditor’sReport`|`20`<br>`-23`|
|`ConsolidatedStatementofFinancialActivities`|`24`|
|`ConsolidatedandCharityBalanceSheets`|`25`|
|`ConsolidatedCashFlowStatement`|`26`|
|`AccountingPolicies`|`27`<br>`-30`|
|`NotestotheFinancialStatements`|`32-52`|











# 





















# 



# 



# 



# 






























|`SherborneSchoolfor`||`Girls`|`Girls`||||||
|---|---|---|---|---|---|---|---|---|
|`CONSOLIDATEDSTATEMENTOF`||`FINANCIALACTIVITIES`|||||||
|`(incorporatingtheconsolidated`||`incomeandexpenditure`|||`accountandtotal`||`recognised`|`gains`|
|`andlosses)`|||||||||
|`fortheyearended31August2022`<br>|||<br>||||||
||||`Unrestricted`|`Restricted`||`Endowed`|`Total`|`Total`|
||||`funds`|`funds`||`funds`|`2022`|`2021`|
||`Notes`||<br>`£`||`£`|`£`|`£`|`£`|
|`Incomefrom:`|||||||||
|`Charitableactivities`|||||||||
|`Schoolfeesreceivable`||`1`|`16,192,634`||`-`|`-`|`16,192,634`|`13,987,431`|
|`Ancillarytradingincome`||`2`|`1,669,042`||`-`|`-`|`1,669,042`|`1,057,598`|
|`Othertradingactivities`|||||||||
|`Non-Ancillarytradingincome`||`3`|`838,351`||`-`|`-`|`838,351`|`899,401`|
|`Investments`|||||||||
|`Investmentincomeandinterest`||`5`|`13,652`|`77,673`||`-`|`91,325`|`201,264`|
|`VoluntarySources`|||||||||
|`DonationsandLegacies`||`4`|`14,608`|`90,459`|||`105,067`|`48,688`|
|`TotalIncome`|||<br>`18,728,287`|<br>`168,132`||<br>`-`|<br>`18,896,419`|<br>`16,194,382`|
|`ExpenditureonRaisingfunds`|||||||||
|`Fundraisingcosts`|||`27,143`||`-`|`-`|`27,143`|`28,607`|
|`Non-Ancillarytrading`|||`1,451,462`||`-`|`-`|`1,451,462`|`1,015,127`|
|`Financecosts`|||`368,389`||`-`|`-`|`368,389`|`394,720`|
|`Investmentmanagementcosts`|||`7,888`|`4,933`||`2,949`|`15,770`|`12,269`|
|`ShareofJointVentureloss`|||`21,849`||`-`|`-`|`21,849`|`9,554`|
|`Charitableactivities`|||||||||
|`Educationandgrantmaking`|||`15,978,909`|`144,390`||`-`|`16,123,299`|`14,713,922`|
|`TotalExpenditure`||`6`|<br>`17,855,640`|<br>`149,323`||<br>`2,949`|<br>`18,007,912`|<br>`16,174,199`|
|`Netincome/(deficit)fromoperations`|||<br>`872,647`|<br>`18,809`||<br>`(2,949)`|<br>`888,507`|<br>`20,183`|
|`beforeinvestmentsgainsorlosses`|||||||||
|`Net(loss)/gainsoninvestments`|`11`||<br>`(97,087)`|<br>`(96,140)`||<br>`(22,130)`|<br>`(215,357)`|<br>`491,817`|
|`Netincome/(expenditure)foryear`|||`775,560`|`(77,331)`||`(25,079)`|`673,150`|`512,000`|
|`Transfers`|||||||||
|`Netmovementinfunds`|||<br>`775,560`|<br>`(77,331)`||<br>`(25,079)`|<br>`673,150`|<br>`512,000`|
|`Reconciliationoffunds:`|||||||||
|`Totalfundsbroughtforward`|||`18,958,536`|`1,310,128`||`730,879`|`20,999,543`|`20,487,543`|
|`Totalfundscarriedforward`||`17`|<br>`19,734,096`<br>|<br>`1,232,797`<br>||<br>`705,800`<br>|<br>`21,672,693`<br>|<br>`20,999,543`<br>|
|`Allofthegroup’sactivitiesareclassed`||`as`|`continuing.`||||||
|`The notesonpages26to51formpart`||`of`|`thesefinancialstatements.`||||||
||||`23`||||||





|`SherborneSchoolforGirls`|`SherborneSchoolforGirls`|||||
|---|---|---|---|---|---|
|`CONSOLIDATEDANDCHARITY`|`BALANCESHEET`|||||
|`asat31August2022- CompanyNumber00306828`<br>||||||
|||`Group`||`Charity`||
|||`2022`|`2021`|`2022`|`2021`|
||`Notes`|`£`|`£`|`£`|`£`|
|`FIXEDASSETS`||||||
|`Intangibleassets`||`15,795`|`19,744`|`15,795`|`19,744`|
|`Tangibleassets`|`10`|`27,357,776`|`27,433,525`|`25,271,143`|`25,321,971`|
|`Investments`|`11`|`4,514,800`|`4,663,790`|`4,514,900`|`4,663,890`|
|`TOTALFIXEDASSETS`||`31,888,371`|`32,117,059`|`29,801,838`|`30,005,605`|
|`CURRENTASSETS`||||||
|`Stocks`|`12`|`117,860`|`140,322`|`76,544`|`89,791`|
|`Debtors`|`13`|`752,962`|`131,098`|`2,750,008`|`2,160,736`|
|`Shorttermcashdeposits`||||||
|`Cashatbankandinhand`||`3,060,643`|`2,784,632`|`2,917,832`|`2,657,784`|
|`TOTALCURRENTASSETS`||`3,931,465`|`3,056,052`|`5,744,384`|`4,908,311`|
|`CURRENTLIABILITIES:amounts`<br>`payableinlessthanoneyear`|`14`|<br>`(7,221,809)`|<br>`(6,624,671)`|<br>`(7,207,304)`|<br>`(6,611,099)`|
|`NETCURRENT(LIABILITIES)`||<br>`(3,290,344)`|<br>`(3,568,619)`|<br>`(1,462,920)`|<br>`(1,702,788)`|
|`TOTALASSETSLESSCURRENT`<br>`LIABILTIIES`||<br>`28,598,027`|<br>`28,548,440`|<br>`28,338,918`|<br>`28,302,817`|
|`CREDITORS:Amountspayablein`<br>`morethanoneyear`|`15`|<br>`(6,925,334)`|<br>`(7,548,897)`|<br>`(6,925,334)`|<br>`(7,548,897)`|
|`NETASSETS`||<br>`21,672,693`|<br>`20,999,543`|<br>`21,413,584`|<br>`20,753,920`|
|`TOTALFUNDS`||||||
|`Restrictedfunds`|`17`|`1,232,797`|`1,310,128`|`1,173,685`|`1,285,864`|
|`Unrestrictedfunds`|`17`|`19,734,096`|`18,958,536`|`19,534,099`|`18,737,177`|
|`Endowedfunds`||`705,800`|`730,879`|`705,800`|`730,879`|
|`TOTALFUNDS`|`17`|<br>`21,672,693`<br>|<br>`20,999,543`<br>|<br>`21,413,584`<br>|<br>`20,753,920`<br>|
|`Theparentcharity'sincomewas£18,179,126`||`(2021:£15,654,858)andexpenditurewas£17,304,106(2021:`||||
|`£15,652,779)whichwithunrealised`|`losseson`|`investmentsof£215,358resultsin`||`asurplusof£659,662(2021:`||
|`£493,894).`||||||
|`ApprovedbytheMembersoftheCounciland`||`authorisedforissueon25November2022.`||||
|<br>`LDHall`||||||
|`AHarris`||||||
|`Thenotesonpages26to51formpartofthesefinancialstatements.`||||||
|||`24`||||








# 






# 












|`SherborneSchoolfor`|`SherborneSchoolfor`|`Girls`|||||||
|---|---|---|---|---|---|---|---|---|
|`NOTES`|`TOTHEFINANCIALSTATEMENTS`||||||||
|`forthe`<br>|`yearended31August2022`<br>||||||||
|`6(a)`|`ANALYSISOFEXPENDITURE`||||||||
||||||||`2022`|`2021`|
|||`Staffcosts`||`Other`||`Depreciation`|`Total`|`Total`|
||||`£`|`£`||`£`|`£`|`£`|
||`Charitableexpenditure`||||||||
||`Teachingcosts`|`5,644,899`||`919,480`||`80,212`|`6,644,591`|`6,180,820`|
||`Supportand`|`2,226,843`||`637,873`||`183,341`|`3,048,057`|`3,206,430`|
||`governancecosts`||||||||
||`Establishmentcosts`|`630,837`||`1,395,902`||`882,328`|`2,909,067`|`2,781,019`|
||`Commissiononfees`||`-`|`80,342`||`-`|`80,342`|`28,475`|
||`Houseexpenses`|`564,435`||`2,742,613`||`-`|`3,307,048`|`2,449,488`|
||`Grantsandawards`||`-`|`134,194`||`-`|`134,194`|`67,691`|
||`Expenditureonraisingfunds`||||||||
||`Fundraisingcosts`||`-`|`27,143`||`-`|`27,143`|`28,607`|
||`JointVenture`||`-`|`21,849`||`-`|`21,849`|`9,554`|
||`Financingcosts`||`-`|`368,389`||`-`|`368,389`|`394,720`|
||`Investment`||`-`|`15,770`||`-`|`15,770`|`12,269`|
||`managementcosts`||||||||
|||`9,067,014`||`6,343,555`||<br>`1,145,881`|<br>`16,556,450`|<br>`15,159,073`|
||`Subsidiaryexpenditure`|`687,604`||`666,337`||`97,521`|`1,451,462`|`1,015,126`|
||`Group`|`9,754,618`||`7,009,892`||<br> <br>`1,243,402`|<br> <br>`18,007,912`|<br> <br>`16,174,199`|
|`6(b)`|`GOVERNANCECOSTSINCLUDEDINSUPPORT`|||`COSTS`|||||
||||||`Group`||`Charity`||
|||||`2022`||`2021`|`2022`|`2021`|
||||||`£`|`£`|`£`|`£`|
||`Auditor’sremuneration`|||`21,600`||`20,300`|`15,650`|`15,010`|
||`Avornremuneration— additional`|||`3,740`||`1,000`|`1,680`|`1,000`|
||`Reimpursementofpersonal`|`expenses`|`to`|`746`||`95`|`746`|`95`|
|||||<br>`26,086`||<br>`21,395`|<br>`18,076`|<br>`16,105`|
||`Travelexpenseswerereclaimedby4 `||<br>`members(2021:`||<br>`1)ofthegoverning`||<br> `body.`||






|`7`|`STAFFCOSTS`|||||||
|---|---|---|---|---|---|---|---|
|||`Group`|||`Charity`|||
|||`2022`|`2021`||`2022`||`2021`|
|||`£`||`£`|`£`||`£`|
||`Wagesandsalaries`|`7,712,831`|`7,296,018`||`7,103,549`|`6,824,680`||
||`Socialsecuritycosts`|`727,448`|`669,771`||`694,064`|`649,021`||
||`Teachers’pensioncosts`|`836,589`|`929,985`||`836,589`|`929,985`||
||`Otherpensioncosts`|`477,750`|`343,184`||`432,813`|`310,572`||
|||<br>`9,754,618`<br>|<br> <br>`9,238,958`<br> <br>||<br> <br>`9,067,015`<br> <br>|<br> <br>`8,714,258`<br> <br>||
||`Theaverageweeklynumberofemployeesduringtheyearwas`||`asfollows:`|||||
|||`Group`|||`Charity`|||
|||`2022`|`2021`||`2022`|`2021`||
|||`No.`|`No.`||`No.`|`No.`||
||`Teachingstaff`|`116`|`118`||`116`|`118`||
||`Administrativeanddomesticstaffetc.`|`219`|`199`||`156`|`144`||
|||<br>`335`<br>|<br>`317`<br>|<br> <br>|<br>`272`<br>|<br>`262`<br>||
||`Thenumberofemployeeswhoseemolumentsasdefinedfor`||`taxation`|`purposesamounted`||`to`|`over`|
||`£60,000intheyearwasasfollows:`|||||||
||||||`2022`||`2021`|
||||||`No.`||`No.`|
||`£60,001- £70,000`||||`3`||`3`|
||`£70,001`<br>`-£80,000`||||`1`||`-`|
||`£80,001- £90,000`||||`1`||`1`|
||`£90,001- £100,000`||||`-`||`1`|
||`£130,001- £140,000`||||`-`||`-`|
||`£140,001- £150,000`||||`1`<br>|||
||`Contributionsamountingto£107,571(2021:£106,709)weremadetotheTeachers’Superannuation`|||||||
||`Scheme,whichisa definedbenefitscheme,forfivehigherpaid`||`employees`||`(2021:fiveemployees).`|||
||`Contributionsamountingto£32,760(2021:£31,085)weremadetoanalternativedefined`|||||||
||`contributionschemeforonehigherpaidemployee(2021:one`||`employee).`|||||
||`Noemolumentswerepaidtothetrusteesinrespectoftheirservicesto`|||`theSchoolduringthe`||`year,`|`4`|
||`trusteesreceivedrepaymentoftravelexpensesintheyear(2021:1).`|||||||












|`10`|`TANGIBLEFIXED`|`ASSETS`|||||||
|---|---|---|---|---|---|---|---|---|
||||||`Furniture,`||||
||||||`machinery`|`Assetsinthe`|||
||`GROUP`|`Freehold`||`Swimming`|`and`|`courseof`|||
|||`land`|`Buildings`|`pool`|`equipment`|`construction`||`Total`|
|||`£`|`£`|`£`|`£`|`£`||`£`|
||`Cost:`||||||||
||`1September`<br>`2021`|`17,256`|`37,020,757`|`2,222,675`|`6,411,629`|`147,309`||`45,819,626`|
||`Additions`|`-`|`459,756`|`-`|`435,598`|`287,309`||`1,182,663`|
||`Disposal`|`-`|`-`|`-`|`(52,521)`||`-`|`(52,521)`|
||`Transfersinto`||||||||
||`use`||||||||
||`31August2022`|<br>`17,256`|<br>`37,480,513`|<br>`2,222,675`|<br>`6,794,706`|<br>`434,618`|<br>|<br>`46,949,768`|
||`Depreciation:`||||||||
||`1September`|`-`|`(12,236,282)`|`(632,560)`|`(5,517,259)`||`-`|`(18,386,101)`|
||`2021`||||||||
||`Chargeforyear`|`-`|`(879,392)`|`(45,220)`|`(319,064)`||`-`|`(1,243,676)`|
||`Disposal`|`-`|`-`|`-`|`37,785`||`-`|`37,785`|
||`31August2022`|<br>`-`|<br>`(13,115,674)`|<br>`(677,780)`|<br>`(5,798,538)`||<br>`-`|<br>`(19,591,992)`|
||`Netbookvalues:`||||||||
||`31August2022`|<br>`17,256`|<br>`24,364,839`|<br>`1,544,895`|<br>`996,168`|`434,618`||`27,357,776`|
||`31August2021`|`17,256`<br>|`24,784,475`<br>|`1,590,115`<br>|`894,370`<br>|`147,309`||`27,433,525`|






|`SherborneSchoolfor`|`SherborneSchoolfor`|`Girls`|||||
|---|---|---|---|---|---|---|
|`NOTESTOTHEFINANCIALSTATEMENTS`|||||||
|`fortheyearended31August2022`<br>|||||||
|`10`<br>`TANGIBLEFIXED`|`ASSETS(continued)`||||||
|||||`Furniture,`|`Assetsinthe`||
||`Freehold`||`Swimming`|`machinery`|`courseof`||
|`CHARITY`|`land`<br>`£`|`Buildings`<br>`£`|`pool`<br>`£`|`equipment`<br>`£`|`construction`<br>`£`|`Total`|
|`Cost:`|||||||
|`1September`<br>`2021`|`17,256`|`36,494,190`|`188,014`|`5,931,020`|`147,309`|`42,777,789`|
|`Disposals`|`-`|`-`|`-`|`(41,916)`||`(41,916)`|
|`Additions`|`-`|`459,756`|`-`|`361,089`|`287,309`|`1,108,154`|
|`Transfersinto`|||||||
|`use`|||||||
|`31August2022`|<br> <br>`17,256`|`36,953,946`|<br> <br>`188,014`|<br> <br>`6,250,193`|<br>`434,618`<br>|<br>`43,844,027`<br>|
|`Depreciation:`|||||||
|`1September`<br>`2021`|`-`|`(12,165,625)`|`(66,032)`|`(5,224,161)`||`(17,455,818)`|
|`Disposals`|`-`|`-`|`-`|`29,466`||`29,466`|
|`Chargeforyear`|`-`|`(868,860)`|<br>`(4,527)`|`(273,145)`||`(1,146,532)`|
|`31August2022`|`-`|`(13,034,485)`|<br>`(70,559)`|`(5,467,840)`||`(18,572,884)`|
|`NetBookvalues:`|||||||
|`31August2022`|<br>`17,256`|<br>`23,919,461`|<br>`117,455`|<br>`782,353`|`434,618`|`25,271,143`|
|`31August2021`|<br>`17,256`<br>|<br>`24,328,565`<br>|<br>`121,982`<br>|<br>`706,859`<br>|`147,309`|`25,321,971`|






|`11`|`INVESTMENTS`|||
|---|---|---|---|
||`Group`|`2022`|`2021`|
||`ListedInvestmentsatmarketvalue`|||
||`Broughtforward`|`4,610,585`|`4,010,523`|
||`Acquisitionsatcost`|`44,923`|`125,772`|
||`Increase/(decrease)inmarketvalue`|`(140,986)`|`491,817`|
||`Disposalsatmarketvalue`|`(60,011)`<br>|`(17,527)`<br>|
||`Carriedforward`|`4,454,511`|`4,610,585`|
||`Cashheldbyinvestmentmanager`|`60,289`|`53,205`|
||`Totalinvestments(excludingsubsidiaryshares)`|||
|||`4,514,800`|`4,663,790`|
||`Charity`|||
||`Sharesinsubsidiarytradingcompanyatcost`|`100`<br>|`100`<br>|
||`TotalFixedAssetInvestments`|||
|||`4,514,900`|`4,663,890`|
||`Summary`|`2022`|`2021`|
||`Unrestricted:`|||
||`Generalinvestments`|`2,623,321`|`2,654,082`|
||`Restrictedfunds:`|||
||`Otherspecificfunds(Scholarship& Prizes)`|`505,511`|`523,581`|
||`BougheyTrust`|`58,042`|`49,591`|
||`Verdon-Smith`|`18,492`|`17,400`|
||`Bursaries& Scholarships`|`473,524`|`490,806`|
||`Toryfund`|`130,110`|`197,451`|
||`Endowedfunds:`|||
||`BougheyTrust`|`389,147`|`400,909`|
||`Verdon-Smith`|`316,653`<br>|`329,970`<br>|
|||`4,514,800`<br>|`4,663,790`|
||`Restrictedinvestmentsareheldinrespectofspecificrestrictedfunds.`|`Forfullanalysisof`|`fundsplease`|
||`refertoNote17.`|||
||`38`|||












## 

|`AdvancefeesschemerepresentsamountspaidinadvancetotheSchoolwhichwill`|`AdvancefeesschemerepresentsamountspaidinadvancetotheSchoolwhichwill`|`AdvancefeesschemerepresentsamountspaidinadvancetotheSchoolwhichwill`|`becreditedtoincoming`|`becreditedtoincoming`|
|---|---|---|---|---|
|`resourcesinmorethanoneyear.`<br>`Intheeventofa pupil`|`notbeingoffereda place,`||`orwholeavesearly,`|`a`|
|`repaymentoftheadvancedfeewillfalldueuponnotice`|`bytheparent.`||||
|`AssumingpupilswillremainintheSchooladvancedfees`|`willbeappliedasfollows:`||||
||||`2022`|`2021`|
||||`£`|`£`|
|`Aftermorethanfiveyears`|||`75,417`|`-`|
|`Withintwotofiveyears`|||`635,307`|`644,754`|
|`Withinonetotwoyears`|||`500,522`|`560,543`|
|`Overmorethanoneyear`|||`1,211,246`|`1,205,297`|
|`Withinoneyear(seenote13)`|||`816,434`|`828,142`|
|`Balanceat31August2022`|||`2,027,680`|`2,033,439`|
|`Summaryinmovementsinliability`|||`2022`|`2021`|
||||`£`|`£`|
|`Balanceat1 September2021`|||`2,033,439`|`1,975,124`|
|`Newcontracts`|||`855,995`|`811,004`|
|`Returnedpayments`|||||
|`Amountsusedtopayfees`|||`(914,456)`|`(803,259)`|
|`Amountsaccruedtocontractasdebtfinancingcost`|||`52,702`|`50,570`|
|`Balanceat31August2022`|||||
||||`2,027,680`|`2,033,439`|
|`16FINANCIALINSTRUMENTS`|||||
||`Group`||`Charity`||
||`2022`|`2021`|`2022`|`2021`|
||`£`|`£`|`£`|`£`|
|`FinancialassetsmeasuredatFairValue`|`4,514,899`|`4,663,790`|`4,514,899`<br>`4,663,790`||
|`Financialassetsmeasuredatamortised`|`3,441,351`|`2,893,550`|`5,391,336`<br>`4,810,391`||
|`cost`|||||
|`Financialliabilitiesmeasuredatamortised`|`9,470,031`|`9,583,894`|`9,470,031`<br>`9,604,849`||
|`cost`|||||
|`Financialassetsmeasuredatfairvalueincludesassetsheldasinvestments.`|||||
|`Financialassetsmeasuredatamortisedcostcompriseoftradeandotherdebtors,accrued income,amounts`|||||
|`owedfromsubsidiaryundertakings,baddebtwriteoffandmovementinbaddebt`|||`provision.`||
|`Financialliabilitiesmeasuredatamortisedcostcomprise`|`ofcash,trade`|`creditors,pensioncontributions`||`due,`|
|`obligationsunderfinanceleases,accruals,feedeposits,amountsowed`||`togroupundertakingsandbank`|||
|`overdraftsandloans.`|||||
|`41`<br>|||||





|`SherborneSchool`|`forGirls`|||||||
|---|---|---|---|---|---|---|---|
|`NOTESTOTHEFINANCIAL`|`STATEMENTS`|||||||
|`fortheyearended31August2022`<br>||||||||
|`17`<br>`STATEMENTOFFUNDS`||||||||
||`At`||||||`At`|
||`1September`|`Incoming`||`Resources`|`Investment`||`31August`|
||`2021`|`resources`||`expended`|`Gains/`||`2022`|
||||||`Transfers`|||
||`£`|`£`||`£`|`£`||`£`|
|`Unrestrictedfunds:`||||||||
|`General`|`18,955,358`|`18,629,649`||`(17,769,618)`|`(97,087)`||`19,718,302`|
|`WheretheSchoolNeeds`|`3,178`|`98,638`||`(86,022)`|`-`||`15,794`|
|`ItMost`||||||||
||<br>`18,958,536`|<br>`18,728,287`|<br>|<br>`(17,855,640)`|<br>`(97,087)`||<br>`19,734,096`|
|`RestrictedFunds:`||||||||
|`Verdon-Smith`|`17,400`|`9,339`||`(8,247)`||`-`|`18,492`|
|`BougheyTrust`|`49,592`|`11,451`||`(3,001)`||`-`|`58,042`|
|`ScholarshipFund`|`409,433`|`11,061`||`(11,245)`|`(14,224)`||`395,025`|
|`PrizeFund`|`114,148`|`3,002`||`(2,792)`|`(3,872)`||`110,486`|
|`Bursaries& Scholarships`|`490,807`|`13,238`||`(13,492)`|`(17,029)`||`473,524`|
|`Developmentfunds:`||||||||
|`Scholarship& Bursaries`|`11,877`|`1,884`||`(632)`|`-`||`13,129`|
|`AnnualFund`|`1,600`||`-`|`-`|`-`||`1,600`|
|`ArtsCentreFund`|`4,192`|`7,323`||`(6,351)`|`-`||`5,164`|
|`ToryMasterclass`|`203,856`|`57,693`||`(70,424)`|`(61,015)`||`130,110`|
|`Buildings andFacilities`|`2,205`||`-`|`-`|`-`||`2,205`|
|`CandlelightFund`|<br>`5,018`|<br>`53,141`|<br>|<br>`(33,139)`|<br>`-`|<br>|<br>`25,020`|
|`TotalRestrictedFunds`|<br>`1,310,128`|<br>`168,132`|<br>|<br>`(149,323)`|<br>`(96,140)`|<br>|<br>`1,232,797`|
|`Endowedfunds:`||||||||
|`Verdon-Smith`|`329,970`||`-`|`(1,270)`|`(12,047)`||`316,653`|
|`BougheyTrust`|<br>`400,909`||<br>`-`|<br> <br>`(1,679)`|<br> <br>`(10,083)`|<br> <br>|<br> <br>`389,147`|
|`TotalEndowedFunds`|<br> <br>`730,879`|<br>|<br> <br>`-`|<br> <br> <br> <br>`(2,949)`|<br> <br> <br> <br>`(22,130)`|<br> <br> <br> <br>|<br> <br> <br> <br>`705,800`|
|`Totalfunds`|<br>`20,999,543`<br>|<br>`18,896,419`<br>|<br> <br>|<br> <br>`(18,007,912)`<br>|<br> <br>`(215,357)`<br>|<br> <br> <br>|<br> <br>`21,672,693`<br>|





|`SherborneSchool`|`for Girls`|||||
|---|---|---|---|---|---|
|`NOTESTOTHEFINANCIAL`|`STATEMENTS`|||||
|`fortheyearended31August2022`<br>||||||
|`17`<br>`STATEMENTOFFUNDS`|`(Continued)`|||||
||`At`||||`At`|
||`1September`|`Incoming`|`Resources`|`Investment`|`31August`|
||`2020`|`resources`|`expended`|`Gains/`|`2021`|
|||||`Transfers`||
||||`£`|`£`||
|`Unrestrictedfunds:`||||||
|`General`|`18,696,076`|`16,044,931`|`(16,044,590)`|`258,941`|`18,955,358`|
|`WheretheSchoolNeeds`|`-`|`21,255`|`(18,077)`||`3,178`|
|`ItMost`||||||
||<br>`18,696,076`|<br>`16,066,186`|<br>`(16,062,667)`|<br>`258,941`|<br>`18,958,536`|
|`RestrictedFunds:`||||||
|`Verdon-Smith`|`12,613`|`12,917`|`(8,130)`||`17,400`|
|`BougheyTrust`|`33,919`|`15,673`|||`49,592`|
|`ScholarshipFund`|`364,617`|`15,198`|`(10,701)`|`40,319`|`409,433`|
|`PrizeFund`|`99,318`|`4,148`|`(303)`|`10,985`|`114,148`|
|`Bursaries& Scholarships`|`437,639`|`18,101`|`(12,839)`|`47,906`|`490,807`|
|`Developmentfunds:`||||||
|`Scholarship& Bursaries`|`34,732`|`2,145`|`(25,000)`||`11,877`|
|`AnnualFund`|`1,600`||||`1,600`|
|`ArtsCentreFund`|`-`|`17,721`|`(13,529)`||`4,192`|
|`ToryMasterclass`|`139,638`|`2,204`|`(469)`|`62,483`|`203,856`|
|`BuildingsandFacilities`|`2,205`||||`2,205`|
|`CandlelightFund`|<br>`3,358`|`40,089`<br>|`(38,429)`<br>||`5,018`<br>|
|`TotalRestrictedFunds`|<br>`1,129,639`|<br>`128,196`|<br>`(109,400)`|`161,693`|<br>`1,310,128`|
|`Endowedfunds:`||||||
|`Verdon-Smith`|`296,688`||`(929)`|`34,211`|`329,970`|
|`BougheyTrust`|`365,140`||`(1,203)`<br>|`36,972`<br>|`400,909`<br>|
|`TotalEndowedFunds`|<br>`661,828`||<br>`(2,132)`<br>|<br>`71,183`|<br>`730,879`<br>|
|`Totalfunds`|`20,487,543`|`16,194,382`|`(16,174,199)`<br>|`491,817`<br>|<br>`20,999,543`|









||`b)`|`ANALYSISOFGROUPNETASSETSBETWEEN`|`FUNDS- COMPARATIVE`|`FUNDS- COMPARATIVE`|||||
|---|---|---|---|---|---|---|---|---|
||||`Unrestricted`|`Restricted`||`Endowed`|||
||||`funds`|`funds`||`funds`||`Total`|
||||`£`|`£`||`£`||`£`|
|||`Fund balancesat31August2021are`|||||||
|||`representedby:`|||||||
|||`Intangiblefixedassets`|`19,744`||`-`|`-`||`19,744`|
|||`Tangiblefixedassets`|`27,433,525`||`-`|`-`||`27,433,525`|
|||`Investments`|`2,622,783`|`1,310,128`||`730,879`||`4,663,790`|
|||`Currentassets`|`3,056,052`||`-`|`-`||`3,056,052`|
|||`Currentliabilities`|`(6,624,671)`||`-`||`-`|`(6,624,671)`|
|||`Longtermliabilities`|`(7,548,897)`<br>||`-`<br>||`-`<br>|`(7,548,897)`<br>|
|||`Totalfunds`|<br>`18,958,536`<br>|<br>`1,310,128`<br>|<br> <br>|<br>`730,879`<br>|<br>|<br>`20,999,543`<br>|
|`18`||`RECONCILIATIONINNETDEBT`|||||||
|||||||`Othernon`|||
||||`At1 Sept`|||`cash`||`At31Aug`|
||||`2021`|`CashFlow`||`changes`||`2022`|
||||`£`|`£`||`£`||`£`|
|||`Reconciliationinnetdebt`|||||||
|||`Cashatbankandinhand`|`2,784,632`|`276,011`||`-`||`3,060,643`|
|||`Shorttermcashdeposits`|||||||
|||`Bankoverdraft`|||||||
|||`Debtduewithinoneyear`|`(839,967)`|`165,451`||`-`||`(674,516)`|
|||`Debtdueoveroneyear`|`(6,343,600)`<br>|`629,512`<br>|||`-`<br>|`(5,714,088)`<br>|
|||`Totalfunds`|<br>`(4,398,935)`<br>|<br>`1,070,974`<br>|<br>|<br>`-`<br>|<br> <br>|<br>`3,327,961`<br>|









|`19`|`NETINCOMEFROMACTIVITIESOFTHESUBSIDIARIES(continued)`|||
|---|---|---|---|
||`(ii)SherborneSportsandLeisureLimited`|`2022`|`2021`|
|||`£`|`£`|
||`Incomingresources`|`1,059,761`|`820,270`|
||`Costofcharitableactivities`|`(1,120,217)`|`(817,588)`|
||`Netmovementinfunds`|`(60,456)`|`2,682`|
||`Theaggregateofassets,liabilitiesandfundswas:`|||
||`Assets`|`2,187,484`|`2,219,661`|
||`Liabilities`|`(2,008,915)`|`(1,980,636)`|
|||`178,569`|`239,025`|
||`Representedby:`|||
||`Generalfunds`|`178,569`|`239,025`|
||`(iii)TheSherborneGirlsFoundation`|`2022`|`2021`|
|||`£`|`£`|
||`Incomingresources`|`160,985`|`109,953`|
||`Costofcharitableactivities`|`(126,144)`|`(123,778)`|
||`Netmovementinfunds`|`34,841`|`(13,825)`|
||`Theaggregateofassets,liabilitiesandfundswas:`|||
||`Assets`|`64,927`|`25,015`|
||`Liabilities`|`(5,821)`|`(750)`|
|||`59,106`|`24,265`|
||`Representedby:`|||
||`Restrictedfunds`|`59,106`|`24,265`|













|||`2022`||`2021`||
|---|---|---|---|---|---|
|||`£`||`£`||
|`Netincomingresources`||`673,150`||`512,000`||
|`Investmentincome`||`(91,274)`||`(201,264)`||
|`Financecosts`||`368,389`||`394,720`||
|`Investment(gains)/losses`||`215,357`||`(491,883)`||
|`Investmentmanagementcharges`||`15,770`||`12,269`||
|`Depreciationcharges`||`1,239,453`||`1,212,259`||
|`Amortisationofintangibleasset`||`3,949`||`3,948`||
|`(Increase)/decreaseinstock`||`22,462`||`13,107`||
|`(Increase)/decreaseindebtors`||`(594,090)`||`233,420`||
|`(Increase}/decreaseincreditors(excludingfeesinadvance`|`schemeand`|`217,497`||`329,134`||
|`deposit)`||||||
|`Increase/(decrease)inadvanceschemecreditors`||`248,742`||`500,349`||
|`(Increase)/decreaseinparentsdeposits`||`219,194`||`356,063`||
|`Netcashinflowfromoperations`||`2,538,599`||`2,874,122`||
|`Analysisofchangesinnetfunds`||||||
||`Ati`|`Cashflows`||`At31`||
||`September`|||`August`||
||`2021`|||`2022`||
||`£`|`£`||`£`||
|`Cashatbank`|`2,784,632`|`276,011`||`3,060,643`||
|`Overdraft`|`-`||`-`||`-`|
|`Shorttermcashdeposits`|`-`||`-`||`-`|
|`Totalfunds`|`2,784,632`|`276,011`<br>|<br>|`3,060,643`<br>|<br>|