## ## ## ||||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| ##