2023-08-31-accounts

			Page
Reference and administrative		details
Governors' annual report
Governors' responsibilities		statement
Independent auditors'	report		11-14
Statement offinancial	activities		15
Balance sheet			16-17
Cash flow statement			18
Notes to the financial	statements		19-35

the year under rev	iew signifi	cant	progress was	progress was	progress was	made against agreed School Improvement plan targets:
	Tar et					Achievement
Ensure St Piran's provides a		sustainable		future		Utility consumption was significantly reduced
for all						during the year with lighting changed to LED in
						Summer 22 and careful monitoring of both
						electricity and gas usage. There was a focus on
						outdoor learning with our Outdoor Learning
						leader and grounds staff working together to
						enhance the learning experience for pupils. The
						pupil's Eco Council worked on sustainability
						across the School looking at minimising waste,
						reusin resources and turnin offthe li hts!
Develop leaders at	all levels,	so	they have the			Coaching continued for senior and middle
skills and qualities	to nurture	a school culture			in	leaders. The Academic Work Group was set up
which all individuals	can thrive					to help achieve consistency ofapproach across
						the School.
						Year 6were formally given leadership
						responsibilities across a wide variety ofroles.
						This year, post COVID, they have been able to
						work with and support pupils in all year groups
						and have also been involved in safety
						inspections across the site and demonstrating
						new Al technology to our Parents' Association.

											ST.PIRAN'S	ST.PIRAN'S	ST.PIRAN'S	ST.PIRAN'S	SCHOOL LIMITED
										(A company limited by guarantee)
										GOVERNORS'					ANNUAL REPORT
									FOR THE YEAR ENDED 31AUGUST 2023
Utilise Evidence					based			research		to	develop			a	The School was awarded Microsoft Showcase
truly 21"Century Curriculum															status early in the year under review. Several
															staff qualified as Microsoft Certified Educators
															meaning that they are qualified to create and embed 21"century learning into the curriculum
															and all teachers were trained as Microsoft
															Innovative Educators. SLTand staff have
															worked hard on revisiting the curriculum to
															ensure that it fully meets requirements for the
															future.
Embed		a		consistent				approach		to			positive		Pastoral support for pupils and staff is
behaviour			growth		within our				pupils	and		staff			imperative at St Piran's and the team has been
															further strengthened over the year. In addition, a
															trained counsellor continued to provide support
															to both pupils and staff. During the year, in line
															with DfE guidance, there was a strong focus on
															behaviour concentrating on 'behaviours' rather
															than focusing on individual children. Led by the
															pupils' Well Being Council, the theme of
															Children's Mental Health Week was 'Let' s
															Connect' and included many cross year
															activities a reciated b both u ils and staff.
Champion				Diversity			&	Inclusion		to		meet		the	The SEND provision within the School has been
needs of		all													rebadged as the 'Tailored Learning Centre' to
															include EAL and Gifted and Talented children.
															Processes have been reviewed and, where
															necessary, updated to improve information
															available to staff. A wide range ofcultures were
															experienced by children during the year ranging
															from celebrations for the Coronation to Chinese
															New Year to language enrichment activities in
															French, S anish, Italian and Latin.
Maximise		the potential					ofstaff and			pupils			through		Development of our Management Information
intelligent			systems			that		meet the		needs			of	our	Systems continued during the year with the
entire St		Piran's family													implementation of the Admissions module and
															the introduction ofa new billing system for
															parents. This posts bills to a secure Parent
															Portal reducing the risk of phishing and fraud
															and eliminatin the need for a er bills.
Create	an			archive		of	St Piran's			School			that	is	Plans have been made to work towards
used and		treasured				by all.									displaying archives in our Board Room and to
															involve children in the classification process. A
															second volume of our Millstone Book has been
															commissioned to cover 1982 —2019and a St
															Piran's Alumni day was held in the summer term
															attended by twenty older ex-pupils. In addition,
															recent leavers were hosted for a rounders and
															cricket afternoon.
Design	an		Upper School					Site Plan		which					Options for a sustainable building have been
enables	the			eldest	pupils			to	thrive	and		prepares			explored during the year with plans and quotes
them for		senior school					transition								being obtained. Options are continuing to be
															explored to ensure that any development fully
															meets the re uirements for the future.
The School's				focus	on a skills-based					approach				to learning continued to underpin the curriculum with teachers
prioritising		the skills			children				need, with		the aim			of giving children skills for life. In the 11+the School had its

			Unrestricted	Total	Total
			funds	funds	funds
			2023	2023	2022
		Note
Income from:
Donations and legacies			27,492	27,492	4,026
Charitable activities			7,041,270	7,041,270	6,558,192
Other trading activities			627,846	627,846	506,771
Investments			43,879	43,879	2,289
Total income			7,740,487	7,740,487	7,071,278
Expenditure on:
Raising funds			425,371	425,371	299,336
Charitable activities			6,951,990	6,951,990	6,617,167
Total expenditure			7,377,361	7,377,361	6,916,503
Net movement in funds			363,126	363,126	154,775
Reconciliation offunds:
Total funds brought	forward		3,487,052	3,487,052	3,332,277
Net movement in funds			363,126	363,126	154,775
Total funds carried forward			3,850,178	3,850,178	3,487,052

					2023		2022
			Note
Fixed assets
Tangible assets			13		3,458,105		3,568,073
					3,458,105		3,568,073
Current assets
Debtors			14	478,552		446,582
Cash at bank and	in	hand		1,383,189		1,177,409
				1,861,741		1,623,991
Creditors: amounts		falling due within one
year			15	(1,273,212)		(1,489,920)
Net current assets					588,529		134,071
Total assets less	current liabilities				4,046,634		3,702,144
Creditors: amounts		falling due after more
than one year			16		(196,456)		(215,092)
Total net assets					3,850,178		3,487,052
Charity funds
Restricted funds			17
Unrestricted funds			17		3,850,178		3,487,052
Total funds					3,850,178		3,487,052

				2023	2022
					F
Cash flows from operating	activities
Net cash used in operating	activities (note 19)			452,131	432,233
Cash flows from investing	activities
Dividends, interests and rents from investments				43,879
Purchase oftangible fixed assets				(251,626)	(303,823)
Net cash used in investing	activities			(207,747)	(303,823)
Cash flows from financing	activities
Repayments of borrowing (note 21)				(38,604)	(35,541)
Net cash used in financing	activities			(38,604)	(35,541)
Change in cash and cash	equivalents	in	the year	205,780	92,869
Cash and cash equivalents	at the beginning		ofthe year	1,177,409	1,084,540
Cash and cash equivalents	at the end	ofthe year (note 20)		1,383,189	1,177,409

			Unrestricted	Restricted	Total
			funds	funds	funds
			2023	2023	2023
			F
Donations			27,492		27,492
			Unrestricted	Restricted	Total
			funds	funds	funds
			2022	2022	2022
Donations			3,397		3,397
Government	CJRS grants			629	629
			3,397	629	4,026
Income from	charitable	activities
			Unrestricted	Total	Total
			funds	funds	funds
			2023	2023	2022
Fees receivable			6,845,306	6,845,306	6,376,099
Music lessons and other		income	195,964	195,964	182,093
Total 2023			7,041,270	7,041,270	6,558,192

	Unrestricted	Total	Total
	funds	funds	funds
	2023	2023	2022
Sports hall income	171,604	171,604	129,794
Other income	441,242	441,242	374,477
Forfeited deposits	15,000	15,000	2,500
Total 2023	627,846	627,846	506,771

		Unrestricted	Total	Total
		funds	funds	funds
		2023	2023	2022
Bank	interest	43,879	43,879	2,289

				Unrestricted	Total	Total
				funds	funds	funds
				2023	2023	2022
St Piran's Centre expenses		including	salaries	234,698	234,698	130,995
Other costs				11,708	11,708	6,196
Establishment	wages			137,319	137,319	121,155
Depreciation				41,646	41,646	40,990
Total 2023				425,371	425,371	299,336

		Activities
		undertaken	Support	Total
		directly	costs	funds
		2023	2023	2023
Provision	ofeducation	4,752,105	2,199,885	6,951,990
		Activities
		undertaken	Support	Total
		directly	costs	funds
		2022	2022	2022
Provision	ofeducation	4,635,512	1,981,655	6,617,167

		Total	Total
		funds	funds
		2023	2022
Teaching and house salaries		3,557,619	3,548,221
Bursaries, scholarships	and discounts	281,306	260,889
Tuition materials		396,245	369,438
Other direct costs		516,935	456,964
Total 2023		4,752,105	4,635,512

		Total	Total
		funds	funds
		2023	2022
Staff costs		794,202	702,156
Depreciation		319,948	311,328
Finance		26,406	14,795
Premises		835,129	699,276
Office management		129,729	179,862
Governance	costs	94,471	74,238
Total 2023		2,199,885	1,981,655

Net inco	me/(expenditure	)
			2023	2022
			F
This is stated after charging:
Depreciation oftangible		fixed assets:
- owned	by the charity		324,802	317,954
- held under finance leases			36,792	33,646
Auditors'	remuneration	- audit	12,100	11,000
Auditors'	remuneration	-other services	3,440	7,820
Operating	lease rentals		29,903	6,209

Staff costs
				2023	2022
Wages and	salaries			3,860,374	3,753,606
Social security costs				328,995	331,392
Contribution	to defined	contribution	pension schemes	299,771	286,534
				4,489,140	4,371,532

	2023	2022
	No.	No.
Teachers	48	48
Other staff	100	91
Management	2	2
	150	141

		2023	2022
		No.	No.
Administration		9	9
Domestic		7	5
Grounds		4	4
Teaching		38	38
Teaching	assistants	21	21
Nursery	nurses	16	16
St Piran's Centre		4	4
		99	97

2023	2022
No.	No.

Interest	payable
		2023	2022
Finance	charges	3,459	6,209
		3,459	6,209

	Freehold	Motor	Fixtures	Computer	Other fixed
	property	vehicles	and fittings	equipment	assets	Total
		F	E	f.	E
Cost or valuation
At 1 September 2022	4,002,888	110,176	1,023,755	588,060	1,458,466	7,183,345
Additions	64,768		31,354	34,205	121,299	251,626
Disposals	(16,470)		(50,588)	(54,549)	(1,900)	(123,507)
At 31 August 2023	4,051,186	110,176	1,004,521	567,716	1,577,865	7,311,464
Depreciation
At 1 September 2022	1,586,947	93,472	800,761	423,575	710,517	3,615,272
Charge for the year	169,195	8,796	47,375	94,582	41,646	361,594
On disposals	(16,470)		(50,588)	(54,549)	(1,900)	(123,507)
At 31 August 2023	1,739,672	102,268	797,548	463,608	750,263	3,853,359
Net book value
At 31 August 2023	2,311,514	7,908	206,973	104,108	827,602	3,458,105
At 31 August 2022	2,415,941	16,704	222,994	164,485	747,949	3,568,073

		2023	2022
		f.	E
Computer	equipment	31,903	68,695
		31,903	68,695

		2023	2022
Due within one year
Trade debtors		217,687	212,730
Other debtors		65,514	34,140
Prepayments	and accrued income	195,351	199,712
		478,552	446,582

				2023	2022
School deposits				42,000	21,400
Trade creditors				71,444	143,309
Other taxation and social security				80,693	85,587
Net obligations	under	finance lease and hire purchase	contracts	9,437	38,605
Other creditors					42,647
Accruals and deferred		income		1,069,638	1,158,372
				1,273,212	1,489,920

				2023	2022
Deferred	income at 1 September			935,231	940,092
Resources deferred		during the year		860,894	935,231
Amounts	released	from previous	periods	(935,231)	(940,092)
				860,894	935,231

					2023	2022
School deposits					175,000	184,200
Net obligations	under finance lease and hire purchase		contracts		21,456	30,892
					196,456	215,092
Obligations under finance leases and hire purchase		contracts,		included	above, are payable as follows:
					2023	2022
					F
Between one and five years					21,456	30,892

17.	Statement	offunds
	Statement	offunds - current year
			Balance at 1			Balance at
			September			31August
			2022	Income	Expenditure	2023
	Unrestricted	funds
	General Funds		3,487,052	7,740,487	(7,377,361)	3,850,178

Statement o	ffunds - prior year
		Balance at			Balance at
		1 September			31 August
		2021	Income	Expenditure	2022
		F	F	F	F
Unrestricted	funds
General Funds		3,328,999	7,070,649	(6,912,596)	3,487,052
Restricted funds
Events funds		3,278		(3,278)
Government	CJRS grant		629	(629)
		3,278	629	(3,907)
Total offunds		3,332,277	7,071,278	(6,916,503)	3,487,052

Analysis	of n	et assets between funds - current year
			Unrestricted	Total
			funds	funds
			2023	2023
			F	F
Tangible	fixed	assets	3,458,105	3,458,105
Current	assets		1,861,741	1,861,741
Creditors	due	within one year	(1,273,212)	(1,273,212)
Creditors	due	in more than one year	(196,456)	(196,456)
Total			3,850,178	3,850,178

Analysis	of n	et assets between funds - prior year
			Unrestricted	Total
			funds	funds
			2022	2022
			F	F
Tangible	fixed	assets	3,568,073	3,568,073
Current	assets		1,623,991	1,623,991
Creditors	due	within one year	(1,489,920)	(1,489,920)
Creditors	due	in more than one year	(215,092)	(215,092)
Total			3,487,052	3,487,052

19.	Reconciliat	ion of	net moveme	nt in fund	s to net cash flow from oper	ating activities
						2023	2022
	Net income	for the	year (as per	Statement	of Financial Activities)	363,126	154,775
	Adjustments	for:
	Depreciation charges					361,594	351,600
	Dividends,	interests and rents from investments				(43,879)
	Impairment	on fixed assets disposed					718
	Increase in	debtors				(31,970)	(75,742)
	Increase/(decrease)		in creditors			(196,740)	882
	Net cash provided		by operating	activities		452,131	432,233
20.	Analysis ofcash		and cash equivalents
						2023	2022
							F
	Cash at bank and		in hand			1,383,189	1,177,409
	Total cash	and cash equivalents				1,383,189	1,177,409

		At 1
		September		New finance	At 31
		2022	Cash flows	leases	August 2023
Cash at bank and	in hand	1,177,409	205,780		1,383,189
Finance leases		(69,497)		38,604	(30,893)
		1,107,912	205,780	38,604	1,352,296

under non-	can	cellable operating leases as follows:
			2023	2022
Not later than		1 year	33,193	15,609
Later than	1 year and not later than 5years		42,652	22,643
			75,845	38,252