Rewl•rnd no. 00141076
HEADINGTON SCHOOL OXFORD LIMITED
FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 JULY 2023
1111
11111
"ACIXCP¢
2211212023
COMPANIES HOUSE
#342

HEADINGTON SCHOOL OXFORD UIAITED
Pa90
Nolle• of AGII
23-26
27-28
31

HEADIMGTON SCHOOL OXFOIID LIMITED
NOnCE IS HEREBY GNEN Ihal th• Amual Gon•ral M•* of tho b8 hgld 01 th• S¢J￿OL Headinjton.
Oxfo￿, at 2pm on Thurthy. 21Th1 March 2024. when Ihe AnThJ81 Rowl dth8 Dr•¢1￿5 wll bè SI￿￿￿11•d lothe Conyany
fiyc0nsk1ernl￿ the lolbwr* business wll be transacted."
BUSINESS
of Iho Audlttr.
To elect MSSS C and wy otrw rw DirocI(rfs opw4nlod the repybng pwwd:
To rtrel8cith• Dtr8clors rdriThJ ty rotalion in #Coyda￿ *ilh *4litl• 8.$ oftha PAlidos of Assocla¥on: IAr R NIC1￿180n.
Mr M Curtts. Miss S Hincks a￿1 T MMtg¢w:
To acryt th& reslgnalkjn olws H Ywset.
To approve the mwgerofHeadtrWn Sctr#xl Oxknd Rye St ￿￿OnY Llmited lo fomi HeatdngtL￿ Rye Oxford
mlled:
To approve Ihe thange n Chwitable Obp*:
To Op￿￿nt thg COmpa￿S A￿jit(￿,
To Iransxt any dh•r businoss of • knnual Gewal kleotry.
By Order dthe
R C Cow•ns
S•¢rntary

HEAIXNGT(X4 SCHOOL OXFORD LIMrrED
DIRECTOR4 OFFICERS AND ADVISERS
YEAR ENDED 31 JULY 2023
AGM
Ch4r of Coundl
Mrs S C PHIPKIN ACA• 1>.
2013
PArs C OSTER WARRINER OX￿+ t'_ IE*ded 2023)
2017
Vk• Ch￿r al C•uncll
Mrs C OSTER WARRINER UA Oxrf t"{E*thd Marth 20Z3)
2017
C M Rlfr￿HA￿ BA(H¢x*) PhD • • l_tlthxxrted Mwch 2023)
2015
Dlr•etov8
Miss C BOYD BA(H￿S1- 2023)
Dr C E FOSTER OBE BEd. Msc. PhD X (Reg'wl 2022)
Mrs P A LENON 8A(HONS)"'IReslW M•th 20fJ)
2013
R•v Fr D W MCFARLAND WFk)ns) Th.
2018
Mrs P G*ADNER BA (HI￿S). ACMA"
Ms K N GLEN mA{Ho￿%) X
2019
Dr O KESSELL MBBCh W ' {Jolred Fdjnwy 2023)
Mr R J J NICHOLSON MA Oxon-
Mr M CURTIS MA Oxon X t
Mlss S HINCKS UA Oxon. PGCE
Mr T MONTGOMERY MBA Ox¢m'
M$ L KRUGER BA(H￿) X (R￿ 2023)
Mrs H YOUSEF R￿￿- (JOk￿d Jarw 2023. R•s1￿j W 2023> 2023
Members Of￿ Rew#Jnor8tKffj Su￿(￿1￿.
t*lemtws ofthe D0velopm￿l Comnytt•o.
D*octors of Headlnglon SCI￿1 Llrnlted.

HEADINGTON SCHOOL OXFORD UMITED
DIRECTORS. OFFICERS AND ADVISERS (CONTINUED)
YEAR ENDED 31 JULY 2023
OFFICERS
Mr8 C L JORDAN MA OxoTr • >
He8dmotr8s8
Mrs J CROUCH BA
Mr R C COUZENS MBE. MA .
Prfnclpal •ddrnss WMI R•qlst•r•d Ollk•
H*Jingkn Sdmxl. Oxfryd. OX3 OBL
Bank•rs:
Messrs. BARCLAYS BANK PLC. Wythaffl CourL 11 Wgslway. Oxf￿d. OX2 (KIB.
Messrs. HANDELSBANKEN PLC. * FIOLY Seaoxrt T<w•r. Wesl Way. Oxford OX2 OJJ.
Sollcltors:
Megsrs. HAFIRISON CLARK RICKERBYS. ElethW House. Wellnoon Strerf CheA￿￿am. GL501YD.
Audltor.
Messrn. CROWE UK LLP. Fcrtuth Fkxr. Sl Jonw St Jaftw. Swwe. Chellertham GL50 3PR.
Investm•Tht Advlwrs:
Messrs. SARASIN AND PARTNERS LLP. Juxon H¢xtse. 100 St Pa￿,9 CIMKdiywd, London, EC4M 88U
Company S••:
Cl•rf( to th• Gov•mor&'
W•bslle:
In

HEADINGTON SCHOOL OXFORD UMrrED
ANNUAL REPORT OF THE GOVERNORS
YEAR ENDED 31 JULY 2023
ReF*xt for Ihe year ended 31 July ￿23. This Rep(Yt has been accoydance wth Ihe c￿￿￿e$ A¢t 2011 and tho
Compgnles A(1 2006. including thg Ow8cl¢Ys' Rap(Yl and Str8leg¢ R¢wt undar th& 2006 Aci knjethor V￿th th& audiled
financial statements for thg yoar. Tho Di[￿ that Iho AJWmJ￿ Ropxt ¢tyTyfJ•s wilh tho Ipq￿rOMfjnts ol the Acts.
tha Trnst D•8d. Ihe Charit*8 St818mort d R￿A)M￿ Prxtr* {SORP) Fwwn¢MI Standarf (FRS) 102.
DlliECT(*IV REPORT
CONSTITirnON AND OBJECTS
As8odalon on 23 July 191S. The MerrttYoTrJum 8Th1 Pth5des slnce been updated. Ihelgtest amend￿￿1 beiNJ adopted
In March 2014. Ths is a reglslor•J chwity. numbef ￿18(1942), o regthr8d c)xwny. numb8r 00141076, ant1 is
localed kn Headin9ton. Oxftyd. OX3 (￿L. Its rtyiSter￿ address is The BUTr￿ry. Hoadinglon School. Headiryton Road,
Oxlerd. OX3 08L The SCIKAI has a <r*ned trarfiThJ subsmliary ¢LVbyny. Ha•JingtTh) Sthod so￿1(￿ Ltmited. whl¢h
operalfjs some cmimgrd81 Kqlllry. kn 8Fp4¢atTh lo disscl%* a sepath trading <y)mpany. H8adiryton School
Intamallonal Llmlted. was mad8 in August 2023, 8$ ¥ of ts Directcys. declslon to $L￿pend •ctKT• hwgstkJat•Jn into
dwebping Intsmalonal educaoonal erterw￿. The acts as Se• for Headww School Oxford
rnlied and H8adrytC￿ SCI￿1 Sorvw LkrMt¢d.
VISION. VALUES AND ETHOS
Our￿4)n l¥for He8dkngton Srtw)ol tOde￿ver& Ixotrj 8¢8demk Ujrr￿k1n c(xJpledwith awide r•ffje Ofeng￿r￿j cAxurrKul8r
athil￿S in order for Htsadingkn lo be F￿0 Re*. kn Ife be￿￿1 Iwnti at the Sd¥Jol. This is uftdwpinnod by
th¢ SL*xl's charilab5e cOie¢t, *thich is to:
Practsces ofihe Church of Engl8nd.-
Values
A holl$￿ I￿1￿$￿ and •KtsJragry approath to *j￿ T*hKh in th• fvoparatsy Sth¢)ol. gro￿ t*tth t￿Y
sludent and enrl¢hes the Wl (x)mmunity.
A body of staff vtho believe in every find. ysu¢ v4oy as many aspKts af the broa&based.
ranglrwJ ¢Uff[C￿luM as thoy ￿. I￿111￿ 4 8¢w of ¢onfidèn¢e and 8¢11*8Wwt*n lacing nw chalknges.

HEADINGTON SCHOOL OXFORD LIMITED
ANNUAL REPOltr OF THE GOVERNORS (CONTINUED)
YEAR ENDED 31 JULY 2023
Headington Sdkn)0118 a ¢horilable trustwtrkh seeks to Il* wt* tsYtyJgh the putsult of its staled alm$. Th8 fees are
set at a 18vel eomrnen¥urate *lth maSntslthJ of the S¢h¢x)l. T*hlst rmimiing lo widè an eX￿Ment
ed￿atIOn for our pupl$.
Our S¢lMxl wekc#nes WFrfl$ from afl b&kgmndg failhs. To •drt a prosp8the pupil we nè8d to bo 8è118fi8d that our
sth￿l wlll be abtg lo educate and dovew this indlvhj￿l to fv besl of tslr potgnttal and In Iln& Ihg g8n8ral staTrJanb
achlev8(I by th•irpgers. Entrance ¥rter¥i8￿ aSse55Th￿nts are uThJertaken tr￿n the ag8 of 7 upwards, to satisfy ￿rSelVeS
and parents that potential pupils can cLy8 wrfh the paceof l•arntro and benefft from th8 educati￿ ￿ provido. An indivtduafs
The Schoc4 1$ also c(¥Miitted to $Y￿011r¥j a workwvj envirorn￿ that 15 fm fr(¥n any fm ofO￿lmInatM￿ on the gr￿ndS
of colow, rnce. ethniw. relb3ton. gender. sexual cwntstion or dIsa￿ty. We Tmtl make reasonablè aojuslments to meet the
rrtods of staff or wpi15 who are or bec4Jth disablBd. Ho￿eT. in off￿ing a pkn ts # pupil wAh spedal n8eds Ihe S(*ool
a&sess what t•¢hn¢al expwti￿ and physical measuos can rej5(￿0bty be lo meet those neod$. Th￿ may b•
some physk81 c¢Jndithins. In partMxAw. for whith the SC1K￿ r¥)t be able to mako Teasonabla adlu5tments.
. An OTect(ws, slaff and volunioor5 are c￿￿1￿•d10 safow¥rf•vJ wrynol1￿ thg welTaro ofw pupl$. Direct￿ rec¥lve .
regular updales on rewlatory slatuary thaThJes to Safe In Educ8llon IKCSE).
Pwents are glvon Kthymotkn) ￿￿th*Chik1r8n'ss0¢lal ac*lemk wctyjrnss wu19rparentmeolin￿. Ina(klltlon
to th& trathlioThal end of leTh and ￿aT rep￿ts. ader p￿41$ are akncaed a Form Tuior and Head of YearwFKJ are re5Frt)nsl)ie
for their pastoral ¢ar¢ aThJ ¥cadenK dovelopnert Thtr Sthxl also (wJt woekly maili￿8 electronkaltylo parents and
PLpiL8 durirKJ term time. Addit*)nalty. informalKffi is also shared onfjne throw the Student and Parent Portals. P8ronts
pwbcipate in On￿ne parenl-t¢a¢hor mo8tin9S. pft)vithng 011 parw*ts. regardloss of localion. wl¢h Iho opportunity to speak
(threcily vAth thèr thildren's tea¢l*rn. We •lx> m8intsin regul¥r c￿tact wlh parents thrc#Jghoul year through InfomMI
¢ont8¢ts and the p￿Il￿tiC￿ ofa rewlar o-rnwkn. Pwts are also able to wovmle Iwmly feedbock on keylssues Ihrough
ma8lirvJs hold bet￿¢n F(Th Grwp represenlthw aryl the Sth(w)f5 seru￿ Man•ment Group.
AIMS, OBJECTIVES AND ACTMTES
Alms
To achleve cmjr vlsbn to Fthire Girf5' •xI k> med ts pur￿558 of th8 st￿l,s Char*ablè Owecl, ￿ aim to..
Cuttiv*8 saff￿¥￿denco. h￿apo￿lènr* aThl reS[￿nS￿l11ty. *ilh p￿115 b￿ng on¢ouAg8d to think o101￿1¥. trwreby
uipphy them to p￿Y an xlrle afxl ￿￿tiVe part k) an 8¥•r ¢tom￿rIa t*orfd.
. Gfve b8nefft to our kncal by Ixo*JlNJ xcess to resCWrt￿, ￿ltse fadllljes.
In the fwlh8rance of IP*se aSms the Headirokn) School Drectots. as the Chariiy TNstees. have complled wlh th• duty
Sethn 17 of Ihe Ch8rities Act 2011 to have kn regard to the Clwity Crynrrission's publishgj genva and relevant sub.
Obloth8
In setting cknjectives. the Olrectors gve careful 0)nSMknt￿ lo Comrnission's 9Eneral guldance (Mb pubtic benefit
and in partlcular ¢0 Its supplerr￿ntsry￿￿￿ benefft guK1￿ce on alfv8￿ffj edu¢alMJn and faevdwging. Theobjeclives rg118Ct
the School's ￿UCallOnal aims and etP*)s. and tho undwty•YJ need to maknlaln but lo enharKg thè School's acadomlc

HEADINGTON SCHOOL OXFORD LIMrfED
ANNUAL REpoirr OF THE GOVERNORS (CONTINUED)
YEAR E14DED 31 JULY 2023
Ow key obJtrXlveg for 2022.23 tn¢thJded:
now subie(Is lo thts'Fulwe Gwts, sts*egr.
famSlles who cannot affijrd the fun foos or ha¥9 suffered an uMxpg(knd in Iholr financkl clrrAmthces:
Int•ndpd Impa
The pri*al benefitharios of lh￿ ain￿ and o¥ectives are Haadir￿l'S ￿1$ wlv)se edu¢4lion 1$ pthid•d by tho S¢h¢x
d furvJ•d by parents. guathns (thr ¢trorilat4• sourw. The m*rity al curreni pupils at th• School drawn
from th& o)mnMJnity. Fam￿eS ￿ kr•¢r inrjrn thrwgh the He•Jrngton AcC￿S Prc¥rnmme. thtr
Through Ilnks established V*ilh a af schrds. Fle**Iytc￿ also cc¥*ritxrtes lo. berth frorn. ihe sharirwj ol gc>od
cThnmunty grwps arKJ other irK8tibJtion5.
GOVERNANCE AND MANAGEMEKr
Gov•mlng Councm: Dlrn¢lorn 4% T￿￿t￿*
of the Proparatory Sclwjd. vh) lop￿ts dwecty k> ts He*lm*tress. fina￿05, oslates and rK¥n4cèd¢mk oporattonal
f￿ctionS of t*)th school$ ￿ Ccthleil on bthofl of C￿nCil lry tho Bwsar. The He•JM18tr￿. Head ¢1 thè Prep8fAtory
School aThJ th• ore *1 suppxtsd ty marwt teams and lo￿ther Ihis gmup constitijtes the Senlor
Managgmenl Gp)LP. Tho Headn*8tre8$, H••J of ts Prermrkny 8nd Bursar attend meetings of the Govemlng
Th8 Govemirg C￿n￿l is co1￿￿j of thos8 Dtrect0￿ as s81 (Art on pagg 2. Th& DiractoTr are akn Charfty TNstoes. Al
burwtes awarded to our pupils.
Dlr•¢torn' lthr•*ts
The Govwnm, as Directors of Headiryton S(*od OXI￿d Limited. hehj (Th share thrwoul Ihg Poriod. Dr Rlngham
old mr￿b•ne￿(Aal ￿tereSt In 1,039 shores Jovty *rylh Mr5 Osler Wathner as Tntsiees (rf the Headkngton School General
Charftat49 T￿￿1.
Recrnllment aftd Tralnlnq of Dlve¢tryB
The G0Vema￿ and Non1na0r￿ Conumth rewl¥ty reviv*th¢ compel¢wg5 a￿j eyp9rience Ofe￿tIl9 D*ect￿5 against
the rffjukod thlls matlix of thr￿11. gap5 in o¥xnp•tewKies or0 Idenlrf*d. ortlthen Diractors are app￿hIng the end
of thotr nine-year t8nur¢. the Commiite• akn for fftt41 c4ndidal¢$. u4rg ¢xlemal support from a speciafist
rwxuilm¥nl ciwnpany. Short4isted caThJKlates are Intel￿ formaly by rmbws G￿Mart￿ and Nomlnations
Committee and selected inthviduaL8 or? $ut6equenty Tecornmended 10 Council for akyToval bosèd on tholr oxperf8rLce.
kno•A0d￿. sklls and dlvorw. as well as tsir w¢¢ivad atty￿ to contritxrto k) th8 coMoctiV8 resFKjnS*￿lrt1&S ol Courd. A
{AGBIS) and other t)ePath￿￿' guhJ8nc¢ *fvke. atlerthr￿ on rolwant tra￿ng cl￿TE9$ pfovKled by a rdngo Lrf
ed(￿￿n911finonoaI cryanisations. aThJ Inf(rt￿ briels tsikyed to sulllhernwjs. Dlrth also altend anannual
training day run by the School bul S￿￿t?0 Iry oxtomal speakers to ensuro Ilwt they rvm•n awwo of changgs to their
regulatw and stslulory resprK￿bl￿l￿ as as in Ihe ethjralion on¥1mrWn￿ mty¥ g•nornlly from an
acade￿IC and pastoral p•rspe¢tive.
The Dwectorn operats a me8trg regim&desNwed to ensurn Ihatthe oulccrn d its $trategk Tevlwleed into the $ubsequ8ni
de ol WA￿0)MmIttee and Goven¥NJ CwrKI nwotyrvjs I1W￿(￿t Ihe yeor. Eath lerm. the lunctpjnal sut￿￿mMIttees

HEADINGTON SCHOOL OXFORD LWITED
ANNUAL IWORT OF THE GOVERNORS (CONTINUED)
YEAR ENDED 31 JULY 2023
ablllty to mthèt its unlque sefing polnls ￿￿1 raise knds lo Its acbvibes. Tlw Su1￿¢4MMIttee meebrqs support fvll
Goveming Council meetings In De¢en*gr. March arnl June whon overan perfcrfmance of the Sthool Is retllel￿d.
The Schc*Jl Is a Charfty regIster￿1 as Hèadwefi sc￿ Oxlord LIl￿d. It O￿al0d ts¥o wholly owned subskdiari8s durlThJ
thls reporflng period,. Headinglon S¢tth Swvkes and HeadTh￿l0n School Internabonal Lknited, th8 Direclys ofwhl¢h
ere Indic*ted on Paggs 2 and 3. The puryxso of H9*JIn9t￿ Sdh)d SeThI￿$ Umlted ¢ontlnues to b• tho wovision
of leliings ar¥J other lTrJng acllvities ￿ beham ol Headln9kn1 Sth¢)ol Limrted. The purpose of Headln9ton S¢￿)01
Intomation￿ LKnited was to oxpkne and (kn¥oknp FKrtential overseas edU&￿￿)n pwtr*rshlps. Durfng thL8 rewting pwk)d, a
deciston 4w4s takM by Govemiry Coundl to cease intWnthOn￿ and an aFvI￿all¢n to ¥￿￿tart￿
dissol¥o He8dwuton School International ￿￿￿ted ￿ been JrAde to Hous&.
R•munw•tltsn Pollcy
Staff ore Ihg largest $irwge elernnt of It* Sth)ol's clwitable exp•NlihYe. In oThltr to recruit retsln thg best slaff.
pay scal08 are gonarally set aL￿ the s8Ctor av8raga and b8nclYMrted amuaty thg Baines Cuuer Solutions report.
The apKffopriateness and of Iho reMth￿l￿ FdiGy ig revivwed anThAty to ensure Ihal 918ff c¢nllnue to be
ravrnrded fairfy ￿ to tako acco￿1 of acimnk c￿dIllOnS. Slaff are re(xultad on a pay scale wilhtn a set band
ecrfnrnensuro18 vllh th8.tr skills and 0Xper￿, providiffj scrye for prowe5$[￿ in order to rovrnrd •x¢ellonce.
remunoration of the S8ntor Leadef5hlp Team. Inch￿Ing Ihe Headmistre5S. 15 re¥M￿d annualty by the Remunera￿0ft
Commlttee. Pay basod on the porfcfftwca of th¥ S[*ty￿ the persawl r•comTwidallon of tho
Hoadmistr¢s$, 5UPPOrted by app￿al rew¥ts and extema assessrn￿ *there apwiyriate.
Employmeiit Polky
Headirylon School 1$ an equal ern&￿yer. wlw¢h treals all piospckn aThl slaff wlhout favour,
r8gardl6ss ol thelr religious beliets, ethniuty fx sexual ry1entst1¢￿. We are (J>nTh￿Ied to pr¢y4iibng the OPFK*lunlty for p8opI
th disa>lilies to be employed ¥rt￿￿er si*t2ble 1$ avaitable s￿1 to bo at￿8 to fvlfil their career potential. Thè Schooj
Is ￿s0 commltted lo providirwJ employee i)IrAmalKffj kn forn￿ that are accessible to 81 empbyee groups and to engaglng In
rggular consullations thrW tho H8adir#Jton Staff ASS0dati￿ (arKI other fc*ums) so ttwt employees. viows can bg
updates by the Bursar.
Pr(motk•n ofthe succ•ss olth• organlsatlon to b•n•fft Its rnemh
Thè Director5 confirm that in accordarts with Seckn 172 (11 of the Conyani&s kt Ihoy acl in a way they consider most
likety to achleve thg purpose5 ofts CornFony. In Mak1￿ this asse&sTh￿l, Ihe Directorn c¢Mgidertr* rel￿an1 •c￿n$ olthe
Bo¥rd are described throUg￿￿t th8 ryrt Taktng I￿ areas fcy Osdoswe In lum:
The I￿g.lem7 su8lalnability oftr* School ig dètaled On Ihe Stralw Repfrt Speuknmy, Ihe Di￿*￿$ ¢¢nsider both
operating resu￿ and fin*Kial wr4edh)r6 and th8 kay ￿ Ihat r)egabvely iThwct thg Sustalnabllty ol the
schod. Tr FThn¢e arKI Gonerd PuwsCc¥nmittee *¥J ihe hjll reNi&w managen￿lirrforn￿t[on, budgets.
ftxecasts. cashllow I￿01•¢¢1¢￿ •id FK(¥JeSS ogalr*t b￿t on a regul¥ basts. Rlsk mx¥8mnt the level of
ros8pMs we 81s0 (*8faJ88ed fvrthw in th8 rewt see pages 21 *¥J 17.
b. Th• Intern•t¥ ol thè ¢omparfs •rnpkn•s
In relation io gmploy¢e engagemenL tho Dkact￿5 recelve rngukv rnF*Jrts frcffi lh• mood ol tho
¢m￿oyeeS and s*( thre¢Yyto slaftthrry thoir freqUent￿ts to the School. Slaff wg brigf•J reg￿adY by rnembgrs
oflhe Senp)r Leade[Sl￿p Team ￿ the perfcffmarKeollhe School arwj strategc FAans. The Schoc4 conducts an annual
staff survey and the findings arg r¥pKvted i*recty to the OIred￿S. The Chwr ofGr)vwnoTS also meets annually wilh
the Chaw of the Staff A8s0Q8tM￿. Further dètsi15 of enwoyee inv¢hernenl are discussed further in the report see
pages 9 10 22.
c. Th• n••d to fost•r th• ¢omP￿￿$ bU￿n￿% v•l•lk*Mhl￿ t*lth ￿r•￿ty suppllers, and oth•rn
In reAation to key stakeholder8ngapW lh* Dv8Ctorsth cknsgty wilh parents. $laff and pupits. threclors re¢alve
feedback frrxn Academlc aThJ Pastoral slaff rega￿1n9 for￿￿$ such as Sludant Voke and Directors meet with
pupils in athnceofcouncil methgs. In •¢C4xdanc* *rylh finandal yty*dures slandard payff*nl tam)s. supplier
payM￿t ts dve wllhtn 30 days after the School recwes in¥oKe the wp49r.

HEADINGTON SCHOOL OXFORD UMITED
AP4NUAL REPORT OF THE GOVERNORS (coKfiiiuED)
YEAR ENDED 31 JULY 2023
The Directors hovo prrylided a reth of Greethow 98$ en￿$S1on$ lator Sn tho li c¢mpliarte wlih th•
str￿a￿lned Eneryy and Rwting (SECR) ROFrfrt Tho D¥oCttys 8r• tho ComrNnty
a. Th• dmlrnblllty ￿th• wnp•fty molnl•lnhig • v•WthI for hlgh 8t*ndanl• of ¢onducl
Tho S¢hool a zero tolerwTh towarts frwj. Mbwy and c¢)rruption. It ks committèd to cornrAylng
18pplcalAe lav•B and rwlalions relatiry to fr￿1. i￿lt￿ Th& Bursw (￿￿luCI$ frwj awareness
tranwvj for all slaff th• INSET days.
The Directors understand ltr• Chaiity Cornmissknn requirements al￿ the D￿d io avohj and manage
pot8ntial conflrcts oflrrtorest. Tho Cryry is Imit•d by guor8nt80 sodo8s not hwe share wital with the resuli Ihat
It 1$ thg pdky cl Dre¢bxs to Fwovhye a aTrJ edwtion that enades all pwils lo klly
exrlolt thelr a¢adernlc px)tsntial as as an eXIr￿j1￿1aT wl*h alms to d8¥elop v¢￿tIOnal skills.
lrfe4ong leisure Interests and to ￿thJ sell￿nIkkn and a destre to contribut• k> Ihè ¢onvnun*y.' The Govwnlng
Coundl r8vl•w ￿rryI￿nI Fdldes ￿n￿ty. aro r•vknbpd kn ¢JeW th8 Ed￿￿￿(￿n Conmlttoe at Ful Coundl.
Th•$8 pdldgs are aval￿￿￿¢ via tho Sdhxl and parnnt prytal.
STATEMENT OF ACCOUNTING AND REPORTING REsPON￿lLmE3
Tho Dir¢ctors *e respons*Jl• for Fwrvvj th• RW and fAw¢lal slat•rMts In accordance wtlh a￿Kable law
arKI regulalloro. l•¥ requtre$ the Dtr￿S to K*epwe fmrK?al st*enwts for eath finanaal year n accudance
wilh United Kirodom"Goneralty knaptsd *Kcountiw Practico (United KwJlom An￿NtIng Standards and 8pp&'cablo 18wI.
The financlal 8tst$3m8nts we requlrad by lawto gl¥* a Iruo aThl falr dthe stats ol *atrs of the ch*lty of the In￿rn0
and exp8ndhLn oltho charlty for th•1 perS)d. In propwing finaWI $latamants. the tr￿￿e8S are roquir&J to:
' obsorw tre metlb)ds aThJ piwryl#s wi the Ch￿￿e5 SORP.
d￿ck)Sed and exFdakned In the fingndal slatemwts: 8rxl
' prepare the finarKial staternents Ihe conr*rn b85B wloss irww(ylèts *) wesum• Ih8t the
¢ompanYs trnnsocllons. disdose le￿tle wr8Gy at any t#ng Ihe financid wslkni ol th8 tharlloblo comp8ny and
onablg thgm to On￿re thal tho stsl&mfrnts cc4))t4y t•*h the Act 2{￿ an(1 tho of thg charity's
¢or4tilut5¢)n". They we respKfflslbkn for 8afeguardNvJ the assets rrf the th8rty ond tho 8rd hgrK• for tsking
Dbrttlors ¢cffjffim that the au¢kn has been wovided r•fe¥￿t rformaticm lo pr•pare the audlt re￿rt Each
member of the Goveming 80ty has taken all the step5 that she Sh￿￿j l*ve taken in c*der lo makg hlm9eM or hgrsew
aware ofthe felwant a￿111 tyrfwrnatlon tr> estabbsh that th• Schoofs al￿￿orIS •aw• of that irfom)•tkAL

HEADINGTON SCHOOL OXFORD UMITED
ANNUAL REpoirf OF THE GOVERNORS (COKllNUED)
YEAR ENDED 31 JULY 2023
MISSION STATEMENT
The S(*￿1.$ mis¥K>n Is to pThid• n8¢8ssary othjcakn, lrrithg •rnJ suppyt to putyls to dov•lop thèlr pot•ntknl
as IrKllvl*knl8to be Creative. Confident. Cwasslonate. C￿rageOus. collabjratl￿a￿l Cwtiw5. Thereby *)sudng that they
are 'Futurg Rfjad￿ kn ltsy leave Headlrw 60 trAt t￿Y be abl8 to Ihe* place In sorlety and ba eff•ct￿o
corthbutor8 to it
STRATEGIES TO ACTrMEVE PRIAARY OWECTIVES
The continued success of ￿ SdK¥Jl 15 deP￿thnI on maintainirvJ fts excellent althic reputstm ablty to offwpupi
broad cunisxlum. TFwelrye. In ryder to wpport the 'FUl￿ Ready Girfs. strategy. Directors remain c4Jmmifted to
hwe$tirw In staff and faciklie5 in cth to wtiv¥Je the i*st educat￿ frx our pupils. FeB affordablity remakns
key ¢¥)ncem Oje to infl8lK)n a￿1 ¢oslof wessur83. Directh wdtor $1off remun8ralion dosely in order that
the School Is able to Tecwit a￿1 rela￿ the test staff in an i￿YeaS1￿Jty LJJWiiive markoL D¥actor5 are a150 consdous thal
the ts)st ol 8C¢omn￿￿att￿ in Oxford is signifunty hI#￿r than in othw ￿￿on$ and lakg this into ac£ount when setting staff
yemunerau￿. Headiwon partsc*p8kn in the amual Bainos CuU8r Solut*￿ Iln8nclal benchmart supley In ordor that
Ths Dlr¢¢tus are comrnitted to ensurirvj Ihatthe wpls have ¥￿tr•the ￿$t￿ade￿￿.¢O￿CUrriCUIarand tM)ardiro fadli14os
POsElble to coMplem￿t the excelent texhlrg and paslry* care. In additth to the ￿￿tructIon of a new Library in 2016,
refvltsished Scien(*1oL¥)ralwies in 2017. a new out(kn¥ play arna in ts Prep Sctrwl in 2018. an eXt￿ded and reTu￿1$hed
Sixth Form Centre in 2019, the School cyened Creativity and Irrnvalion Centre tsi May 2021. The relocation of the Art
Stthjlos lo the Crea1N￿￿ and Inn(wation Centre also alltyh*d ts Sc*Thl to construct a new Food and Nulrithon Certro
two new teac1￿Tra kitchens. a new demcmstratK>n kitdwi and dinir•J area lAt￿ch was 0[￿ed by Prue Leith 08E, DL in
June 2022. Conslrudion of a new rowiYJ booth￿ the River Thames al Lornj Wittenharn bogon kn Jun$ 2022 and 6t 5$
ed that thq f•alty YA41 be cornple￿ Ihe 20rJ AU￿ffln Twm.
Hgadlngton has a large and vti8nt boardwig c(￿fin￿nty. As a result d an Increase in tjemand for mcre fi8￿ble boording
opUcrt8 and graaler traffic C￿98$1￿￿ auoss Oxlwdthr8. tho S￿￿01 has Irdr(wJuc4d haLf-wg8kty boar(Iln9 lo provldè bxal
puIMts wilh Ihg rwtion ol overThghl in (th that ljw can maxfimum uso of the extenslvo aftfjr-sc￿0I
SENIOR SCHOOL ACHIEVEMEiffs ANO PERFORMANCE
Headlngton has enjopj anolher Iwty S￿CesSfUl year. F￿(Ming a year of r￿Nd *vel of admission erNuiries, the Scl*soI
Is now oparatknj at capa¢lty. with b)e AthnSssk￿S Team rronwg w8iliTrJ Isls In rNqny year groups. Once again. a
return ol Publ￿ ExamlnatM)ns. acad￿￿ resLdts were exc*n( reflect¥ig the excelent teaching and hwd w(xk of all pupils.
Additionalty. folknwlng a sustained pernd of ithyuplxrfi due lo have enjoyed pwlici)8ting In an exte￿1¥6 Cctr
rri¢ular and elite athl8t• wogrammas. once again ￿n9 puplls *ilh the opportunity to representstive sport at
Tha School C(￿Unu•S lo dtsvdcp its l•ikswrth tho RDFZ CP40Y￿ ernrth S¢hocl kn Bwj'ry lo holp support th&lr Int8malion81
A-L8vel programrne. ThL8 partnorshp has 4$0 the shariry rf tsathlrg m&thods through varlous stsff exchange
progrommes. 81though activibe5 restrith1 to orhlno *KI vithal events Ihis year. Th5 partnwshl) conttnues to go from
stspw to 8tr•wth.
Academ1¢ P•rform•nce
dosely allwed to Ihose of 2019. the Last fiAI series before the paThJtrM￿. Fothnateiy. tho thÉ dld not repeat it5 requlremenl
for contingency in the form data colectv)n ￿Ints h&1 ￿ed wxh a burylen on staff aThJ pupils lasl
academic year. In ￿trO$t to the surrffierof 2022 s•w scthebmes swJMficani r8dLKtions in Ihe specifKat•x pupils
were exarrined in many sUt¥￿ts. in 20ZJ onty very liThknd c{r￿esS￿￿ ¥Mre made lo pupils tak*KJ pubuc oxams, wilh
support restrided lo fomiula sheets for Mèths aTrJ S(aen¢e. The S￿￿1 seiued bxk into rrrfmal examinatK>n routines very
$M￿Ahly. and on¢• agth, the deffi*on￿ wessw• les￿$. il recorded ex(%llenl oulcune$ at

HEADINGTON SCHOOL OXFORD uhfffED
ANNUAL REPORT OF THE GOVERNORS {copinNUED)
YEAR EhlDED 31 JULY 2023
30%. The A Level resutts also c(#nfortabty strow than tr* nalkffial W¢lwo; H•adlngton rg¢ryded its highest
. To all Intents al￿ pury)088s, tr¥$ was • nomwl year for Headw*i. tAIth Ihe eX￿pti￿ ol a full ISI hi4th. wN¢h Cl￿ed
th• Quallty of Educatlon ai Ho*lrffjlon as Exiwllw*.
CtsCuRR￿ULAA
Thls yoar has mathed a s￿n￿Kant nwlestr)M for ts SLlvxJl as it SU￿sIll￿ ¢ffer¢d a ¢(•nyePwsive and uninterrupted
r4>currI￿11ar Fyogram the entire year. Ihe fr51 tim8 the crrset ofts COV*N19
Pandern￿ Emrglng from these chakngSry twnes. th? resunwim of a full Nibrant t¢￿￿Mr1￿ar program has br(wghl
greatioy and o¢¢omFAlshm8nt to the s¢W It rdecls ts Sdw)rfs c￿11¥0 L￿mm￿ to nurturing not only
ademfc gr¢Mth IMA also th8 hot*lic d8vek7p¥￿t olrAX sttKl8nts.
Rowirwj conlwmxs lo shtne as a fvx¢¢. UK t#A inuea8lr* on a W $c41•. thr SelK￿ Boal cr
ensoys on excelenl reputatiM Sctrth)*Athtetes and hos allrncted a rernarkable 140 gNts. with a nolatd&
cr8a58 in l*)arding parbc4pakn..Dwing the 2022-2023 Seaso￿ th? 8oat Club prolL￿￿ty sent Six 9Hl$ to fOpreson¢ GB or
Ervjland al lh8 SLwnm¢r w*emaliono1s. resulling gold ffl8das at tr• Workl U19 Charyylo￿hI￿, two 8iIvor
m*d81s at th8 Coupo d• la JO￿$$$•, and two E￿jaThJ 4t th¢ Hom Internauonal Regatta. ¥h￿re Ihey
secured gold arKI sI￿r med818. Furthe￿, Headi￿1￿ Tf•as solo UK school to m8k8 It to the Saturday SW
In lh8 Junlor Women's 8+s at Henlay Royal Regatta. lrnpyess￿. H8adiWn serArod Champion8hlp tiues acffjss all agg
grwps dom061t81ty. wfth rgmarkoblo Pth1￿ arKI finislw. NotsW. the c4xnmitinent to wtiripalicfft was
In charblable luntha*hw, thoro was a decrea80 kn thity Sludwts due Iw98ly to a lack of a dbjllal o)118rllon
syskni and limitod support for cash cofieclKm. Nonetheless. dedkated chaths (axnmitto• showwod crnativlty In
Sup￿rting ktal rar6MwJ r• £8.1￿. Year 8 *a(th'ng tha way by (¥Xtrbuiing o¥w £6,500 to Oxfo¥
Mubjal fvid. L4 sludents. arnied *ith on inthl capital of£8. exhiknted entr8w8￿l SFirii inliathwwJ various
Innovative enterprise ideas to maxirr*5e cthbutKy)s fori*arity. These eamNJ makirvj. personaliged
website sales, captivating village shlykns, wofess1u￿1 cw WaShW￿ servw5, ba￿n9 and d￿￿rir9 ddK¥ous treats.
SUPP8rdubs. and bead makirwj acbvibes. The drrnse range of lundraIw￿ irm1iaip￿S uThJertaken by our studFJnts was truty
Imprèssive. Tho majority of ctrwitable #iiboted aThl18d by p￿ts. Tmth highlyhts I￿ludi￿ nearly £71KJ raised
fw the Bnlish Legio¥n P¢ppy fv41F￿, 2ty)O items dotwled to lh¢ Comwyty Em¢rgwy Fwj Bar& in Oxford. and g8rnrous
cnliM donat*)ns for nat￿#1 ovents s￿h as Clildrtn in Need arnl ft81￿.
¢onsistgnlly syovide a multit￿ of excit￿9 OPfAytyr¥l*s for st￿￿￿ts to tlyive, lown. faco ¢halkn98s. and havg fun. This
ye¥. the introduction of new rerJeational bthinkn and ba5kelbal fJub5 has g￿￿trd signifi(¥nt èrthusiasm. fixttrns
program is extensi¥•. wilh over 100 r￿tureS encompasswwJ ccunty. rwLY￿1. and national competknns auoss Yadous
Sp￿s. Nclatly, th? Urth 18 hc¢*ey team T* 1 r￿t(￿l lea9U¢ stat￿5. tham a￿￿￿9 the bjp 32 shles In
Iho CoLmty. Nottjal toanNs ha¥0 also rA1Wtsd In twnamants. a vklorlws slarl In Iha Slsiws In
ps.
Tho Comblnod Cad8t Force ICCF) conllrm￿s to gwrw year by yo¥, *ilh $1 c&lets and 3 athjlts wUdpatlr¥J reg￿3￿. Tho
Sonior Cadel8 aro dwnonslralirvJ exc•pttha ￿ad*shIP WKI d8v•k)fftnt AnnU￿ty, th? Con￿￿nI plays a plvotsl rcle In
Ramembranc• Day ovents wilhin the school and li Oxk*d. Haad￿￿t(￿ has also eThJaged in regular tr8lning and fiald
weekends. In(￿dIr￿j Ac4ntffi8kl tiip$ 8nd c¢rrytslKYS thlth M8gdakn Cc4* SdM)ol. Cheney Sth(￿ and Radley Cdlege
CCF. Thls year. the Headytgton CCF Coft¥ngenl earned thg liU& rf Best C••t thg CwAro1 CCF c￿. a notsbl
Th& Drama Depgrtmenl rwnalns a ¥lbrant for SlAKlwrt talen( rrtrnous prcthclkms tIw0￿h(Art the year recohrtng
posltive acdalm, Tarniry ofts ShrwlTho TwwTam•T aTrJ Tho Uon. Tr W*ch & Tt* Wardrobg.. Smaller
performa￿0￿ Ind￿j•d an play by U4L5 sbjdents. Jemrro Kerw￿S Person NaTrative' by th8 sd￿￿[5.
and Ihg ￿ay'NuMb•rs. by the L6 A ckss. whk* oThd several ￿rndS. irrjuding Best Gwup Young Perform
io

HEADINGTON SCHOOL OXFORD LIMITED
ANNUAL REPORT OF THE GOVERNORS (CONTINUED)
YEAR ENDED 31 JULY 2023
Dl$tinctitin. Hfjodlrtglm Theatre Acakn has fflad• a successful $￿t. wthlthtyng a (¥ad& 7 Group Di4tirKlion and a Grnde
8 Group Disbncbon in its exarnin01b￿ ptrfcffiw￿ at the er*J of tho ye¥.
The Depwlmenl ￿ntIr￿￿ lo Ih)Lwl$h. ovw 4(A) Y#JWual must18sson$ each th￿￿9h￿l the
by 25 Nisibng instrumental V<K*I teachers. t￿r 30 concwts were wesented th[0￿hout the year. ranging from
Infcrfmal lunchlune perftym8n¢es to hig￿t￿ofikn ￿ents su¢h ¥$ th& S¢ThK• at Christ C￿r¢h Calhadral and the
C￿Cort0 Competilion. Largewsc4Je evening CA￿ert5 &iw 5b￿d￿ts from Ihe prep peTftirn¥ng altsngsidè Ihelr slxlh
c¢)urrterparts. Our sludenls hav8 gxf*lled cx)mpetsti￿. pwlrnd with lrtal yoth <yth¢stras. and
attanded lunSor dèpartmonts at pr•stsgous Lon(*Jn mLtsk sthods lkn Iho of Muslc. CounU8ss ABRSM and Trfnlty
In th• realm d dance. the dq>artrn8n( contirw to offer <*¥ws• LVlXrtir¥li8s aThl ov•nts to onfxxwa9e participation a¢r08S
all year groups. Hèadinglon De￿ Ac*Jerny classes arn1 Roy81 A¢8demy Ballet das$8s on Salurdays have
proven tmghty successful. ThroughrArt th8 wook. studonts oryage In Street D￿Ce. Conlemporwy. and Bal￿118880n$. Th18
year. Balat hos expanded to younger years at Prep. wilh sbjdents adM8vng hiqh sland*d5 kn their Royal A¢8d8my of
Dance {RADI Ballot ex*ns. PorfonnarKo opporttintllgs have aitywndod. irKluding the frst wtw)Iw¢hool Ballet show,
Headington Dan¢t Academy {HAD} aThJ 04bn Dance Youth cdlaborative F*tm8ntss. Mnd, Body & S¢ul. Stgppl'ng
yond, HDA 8￿Mer $hrywGases. aThJ HDA Prinwals. LcrfKknI perfrrnrK¢& GCSE and A Level S￿dents havè enkned
trips to Lon(knn Contemporary a￿j SadW$ Weus. 0odic•t8d r¢h¥atsal linos in tho d￿¢• stutho. In our
SeC￿d cohort olA Level Dancer5. on& student succes5fulty a￿1￿C¥￿d lor piesligMyJ$ dance txn58rvatoYes and 1$ n(y
Headlngton students olso SuC￿S[U￿Y cLNnpW Duke cl Edtrtwrgh Sihu expethltrts in Ihe Wy6 V81*. Shv*￿ing t￿r
Outdc￿ skills and detwmina1ion. AdditK)nalty. tho &onze ¢thort from 2022 a¢hiwed on Improssi￿ 65 Bronzo a￿ards.
teslamenl to therr cornr￿ and etfort F￿￿￿More. 87 pupts enlknia5ti1aty sywd up for Ihe 2023 prov￿.
whtch is (yjrrenty in progress. demonstrathng a strong Inigrnst kn thg prryram's offerings. Notably. tho School has the
hlghest ¢1 Slfver partiCipa￿S in recent ye8r& with 55 shmjents 8cti¥ely engw, hwJhlIghtir￿ the growlr¥J
enllvjsiasm for more challengir#J outdLU exp8r￿C•S anMHVJ $aMl8nts. Those aCh￿ern￿￿ Unders￿ the program'8
impxtsnce in fi)s¢eriNJ persM81 dwehwment and rnsik¢rKo amcTh.J H••JiYJlon sbjdents.
PREPARATORY SCHOOL ACHIEVEMENTS AND PERFORMANCE
Tho Pfep Sch￿1 er¥oy8d a very s￿ceS￿l 2022.23. Tho year was W>eat •twrpllc the stsff tèam thlng at a
brisk pa￿ and chih*en and tsmilks moking the m¢*1 of Il* full edUoti￿oI 0ffertt￿. Stsff brought odd1tiL￿aI strengths
and, 8$ 8 resuh. wide rarrfjing events featured on th8 caendar wilh enthuwiiG S￿¥eCt badèrs intro¢kniffj more Inltiabves.
The School was wol pr*par￿1 th• Iw4walted Educallcthl Quallty Indepè[￿Tht Schoob. Inspedlon; expert8nce
was wsilive fw tho stsff and puplb. Th• Sc*wl was I￿nd to be wryli•t and grad8d as ox¢oll•nl In both pupls,
'a*lemlc 8Th1 other athlevements as well as Iheff pus(¥￿1 Key rThl1￿ induded..
Pupts are excellenl Tht#) $lv* ¢Mtstandwy sk
Pup18 dIsp￿Y exceNent atlitiM185 to leamlThJ from an earfy
Pupls fmm an earty age shvw h* levels of knry*ledge. sklb ar#Y exc%llenl undernlarnling In lessons arKI '
Pupls rapldly dgvehw Ihetr skls ac*kn slandwts in thetr awlicatic￿ of inftymallon and wmunkalion
teC￿01C￿y.
Pupils. levd$ of $o¢i•l devol0pm￿t ar• hb3h.
Pupus, rnoral uNJetstanding is ex￿
Pupils 8 signifKant contr￿11￿ io the Ife ofthD •wJ l￿fil thotr wNh dlNg•nco and
coThThitment.
Acad•ml¢
Reftecling on the poslbve Inyact of the knrKJer day lty Key Slage 2 {KS2), the langth af day oxtendad for Key
Stsp 1 {KS11. This fac4W o nve purthal stwt lo ts PUFa$' lewnw In ts nKthng. thLs er￿￿ed us to
Max1r￿ lesson tim8 and had a Fwjsihve irnpad on pupil crtrtc￿.

HEADINGTON SCHOOL OXFORD uIArrED
ANNUAL REPORT OF THE GOVERNCIRS {CONTINUED>
YEAR ENtIED 31 JULY 2023
The hlghty successfijl stretch and CP• TKaS extended irto KSI a f(¥yJ5 on matscogntlion.
￿n￿ul41n9 thwn to havo o rnlnds8tw￿n sthr4J wr*A¢ms. The Stretd) aNI Challerwje Register exterthd d￿n
Tha pupll$' atlatnrnent kn Malhs Tkn$ wlent and thls was chamwwing rA*￿J[uM ¢ov•ragg ￿ Ihe experllse of
provlsion.
The language provts1￿ was imwrmd wlth a s(**m& ofTA¥)th for Frewth wasgd $taThlards. kn addrtth, Latin was
Languages Week with pupA led asson￿r&S and fglat8d ￿41￿￿￿.
Th? School ￿ntInU•d to rellect on th? pwJ$' •tsiMiert To this ffid. as pwt of its Tovtow (rfthe ￿$h
covwage. the English Subject Leader undertoc* a resewth woiect to wkntify the inwt of an plalform for leadMThJ
c0mprohw1s￿. Thg COrd￿lon was ￿ tx)skno. mainty to Ihe knm¢diate feedback givon to Ihè pupll$. Tkne was
lo ￿nd thè Nwls, t•thikd EIW #JIS.
AvAdwanglng progrnrnm8 of VIS￿s. llsllors and events $Uppkn￿￿d the curtb)Jum. lor ex￿PIe Ihe very swc•$sfiJl Prop
hool COP22 Yw 6. 0 W fo8lure rft**ich w￿red tex ofpupts to a (￿nty. ouulnityd trlglr proposals for
wldgned to b¢tter reffect the puwl slaff school ¢(Mnmunty. Any oppr￿n￿l VAS uwj iD c•lobraie dsvwsity for exampl•
o dass assrtly on WThlwsh as pwt of Bla¢k Histtyy m￿th. A memtw crf $ts(f Wrde her dissertation on'Practitioners'
EYFS
Ex¢elent leader5hlp ansur&J that Eaty Years dep￿￿tI￿￿ from strength to 8trwW. N*At 8kYag• anablgd th
room to bo rearm￿ so that re￿1¢0$ at thbj Iwht, 4IN#ig tho dllldrgn to a￿asS IhBm indepond&nlly.
Imklren prxtiged the faryjagtr ofth8 twm Swry. Ilth. SwnDw. Spanbhl.
The in￿alk)n crf the Tra￿ltIon Passwf facilitaw gmater into th& dAdren's tthfferent enabled
Year.
Phtsnks pro¥isKJn rj)ntWm￿d trJ be Str￿ Intr￿1￿ Phase 1 Th*Kh ¢n￿red th81 Iho thtdren had o Solid
loundauon In 5p•akk￿ &)d 1sten￿ skkls bekne stwled the Read. Wrk inc
The Motor Movers wogramme was Introd￿ed. Thb S￿￿1•d deveWNd a highly successful
neuro4oYelopmw# ffino grr)$8 molty 8kWs d￿. Tr wnpo(1 pryrammfr wa8 idonll
In hmprovemonts suc* 88 basic contrd.
Pupll wdlb•lng
Mental heatth and welbelng lo be a fo¢#A trtha Sr*ml WKI tr* Dewty Head PasbJr81, a Irainer on deit¥erfrvJ
Mentgl Health Fw¥tA*J {MHFA). ￿)ntIn￿d to train mthY*ors of staff so ltrwwwe to idenlrfy PUF41s were
slruggllThJ with thelr mentsl hearth arKI ￿9n￿m)st them t¢ S￿rceS ol S4w￿(. ￿k¥OXiM￿￿ two thlrd$ of th8
staff have beon trained In MHF
part ofits c4Jrffiilment to puyl welbeing. SdK¥ol ¢4181¥*od Menlal Heath Awrn Week. Chlldron's Plfjntal
Health Weak and Youth Plart81 Ho•1th t)ay *ilh ts therne of Lonelw￿. Ass8rnllM PK*ed k•y thom¢s, for exampfe
empathy and arli 4ulfyryng.
12

HEADINGTON SCHOOL OXFORD LIMITED
ANNUAL REPORT OF THE GOVERNORS (CONTINUED)
YEAR ENDED 31 JULY 2023
Al the start olthe acadernlc year. soclal*akn conttrwjed to be 8 dlffM)JKy. Htrwever. as wo W0￿ed on themes such as
gmpalhy and lh& puplls ￿ned cMf•Jonce In how to maknlaln friondshlps. thore woro fower *su95 In tho
playtyound. Puplls also InLYea51￿ skilod in ￿￿￿gI￿j di4greemwts. on thetr r85t<ntive
juslice skil5.
The Prep School conlirwfjd to identfy vrays of str8ngttr￿ln9 the FA￿15. wsonal d8v8kpmenL espeaalty ensuriNJ that the
pupls fell that they had a v￿ce arwj that there wa5 always somwTh C*ArhJ tslk lo, be il a trusted aduli or a peer. This
was central to ow Prot8cti¥e Beha¥￿TS wograrnme whKh VAS key to onsurng that the School was a safè s￿￿ for the
puplls. The 8lg Si8ter Little Sister intstive. wf*re dder pupils wwe p*ll￿ed wilh y(wnger pupts during their time ot the
Sclwl. WOVKlod an addlknal of sukyyl for thg children. V(th swlhfj￿ links across thg year groups il helped
lo ¢r•atè a ol beknwing w¥J ¥rith tho Sistas roCOWW5ry the noed fo¥ tt*m to act ¥$ mcMJo1s.
The Chlld Iyroteckn Online Management System (CPOMS) wa5 introthth1 aThJ used v￿effe￿￿*ty. 11 fxllSt8t8d an
off￿ent ofcentrallslry ￿ conThinlGalJn9 rewds as *wll as idrfylrvJ trwMI5.
and completed thek Ma￿Onal Onlino Safgty Certifi￿￿j trasniry. oftw Iheir tr4ining sossion lod by Iho Loader of Digltal
Strat8gy. In additson. the pupils ￿neffied from Y*7wJ ￿ l Tely led by 0X￿d Against Cutllng. Tho pupll
tr￿ni)g at Il* top the Prep Sc*K)of ¢wtred arvwKI ts)ns•nt aKI Ma1￿ 1trKWht￿kkng dl%ussiws arose as a reS￿L
The Prep SclKd continued to develop furlher OFPNtunith pupil voice. sc1¥x￿ CwKI, run by Ihe puplls. was a
powerful lorum. ￿lch comptemenled our wr¥￿. uwj frowtnty as p¥t ol th8 change pr(￿$5. T
comp8trf￿.
W¢Nkslkips tr Yfjar 5 (Pro￿1 to be a Team) ory1 Yw6 {PYwd lo bo by an gxlomal wovklor woro inva*JalAo in
hgwng Ihe PLyls to dovehjp thek St￿ sklls.
Thg S¢hwl Bws. used to promote lewnlr#J hatrxts. were embedded Ir¥￿￿•r￿a.GW)'. wr wryssionats bear: a key hablt
for the pupiLs to wxtise and rethne.
The'open D￿s. progr8mme, affording tyP(y￿ni1les fyx the P￿lts to b&am. was extgnded wllh tennty
events theme5 suth os." neurodivergty. sleep ￿ anx* in dmhjren.
A revt8w of Ihe Prep S¢hool'$ PSHBryiSE was As wl dthe rn¥iv*. parnnts. slaff and rM)ils
¢ty*ulted. The results of Cons￿ V•We shtred wilti of the fcrf examplo in ass•nblios.
We rofieclod on Ihe Ilfe oltheen Ellzab8th 11 aThJ co1gtKaW Kkng Clwfes Ill's Corc￿￿1￿ trwh vwled events. gspgGially
assemblies. Those afford•d cypothnlll8s lo rolnfryco ts wp15' ¢rflund￿￿I Brfti5h valu8s.
staff
The rnwly Intro(luced persmal dovebprnnt h•J a sLKe¢ssthA firsl year. Staff {tead)ws and LAS) sel their
own tsrgets and spent lirne with thqiT pe¢r SUpp￿ters. A mqmbgr of slaff romwed hor BA in Chlldhood Sludles and tho
Head cthnpleled the ILM Le￿1 7 ExeartNe Coaclmw Wa￿￿￿11¢￿.
Sport
The pupls bgnpfrtod w￿$1Y from tho N9Ny expwwKed staff. tyA8tandif¥J spthts fa￿lIVeS as as a lul progYaThwne
of sportin9 prowon, irKILKling fiknjres. S¢Pml ¢nioyfyl SLWSS * r¢gionaf, cwnty. national and Inlgmational level$ in
8 range of sports such as netball. I￿they. uoss c￿lty. tXatM￿. biathle. s*wnrnN¥J ￿￿1 athletK*. kKIN*Jual pupth8
represented tha county In SFKrfts s￿h as tennls. uoss C4yJnty and Iwxkoy.
13

HEADINGTON SCHOOL OXFORD LIMrrED
ANNUAL REPORT OF THE GOVERNORS (coiillNUED)
YEAR ENDED 31 JULY 2023
In the Indep￿dent Associ&1[￿ d F*ep SfJx)ds (IAPS) Nalional lh• U10 tewn eame 101h in the
medky relay and a Year 5 pupl gjkl in th8 25m br•aststroke.
the Meraa Athletics. puf* su¢c•$5h* in the N•tirywS Fnals In hurdkn, Javel￿ and 100 motr•8.
A Year 5 pupil repyesented (>eat Britain bi8thlo in com￿Y. Sh•1kn15hed 4th in her indpiidual event. won
gold In ltte leam 8¥ont aThl a slvor in th8 med re*.
Cowcurrlcular suc¢•s6
The Sclwl's extonsfve c{￿￿￿￿Ular pyovlskffl i￿￿KIed o¥ff 70 per In aOJitk)n. thè Satu￿Y Academy
Jr8nwno offored addibon•l oppthinllbtrs for the pupls to lh* knlwests.
In tho UK Maths Challenge {fry wplb lo Yoar 8). IIYo9 Yw 6 puplls r8celvwJ gokl aword5 aThJ 7 rtt•hod
811ver. Res￿ for thè Prknary Maths Ch*ThJ8 wern ewaty plè&slng with 8<¥no p*od kn the In
o)Inty. In a c￿￿nty nyaths cc¥npelilion. ts Yw 4 learn rearjwl Ihyd
Pwlornilng Arts
Outside s(*od. continued to ex¢el. For exarnrA8. the tl%ir (¥tewry in tr* Oxftyd Music
FestNal. In addition. they won the over¥1 8wwd fN Ihe best cl th• ThBy atso c￿etsd th the fin￿ ofth
Year 6,$ F8shlon Slthv for ¥thith tho wpiL4 w•W dty•m tho r￿1 In ttw upcycled
P￿lS participated tn nThrous ASSOC￿ Bowd ofthe Ru￿1 of (ABRSM) mvslc exoms. over two Ihlrd$ of
thg &hwl pcyilakn loaml atlgast one mustcal Irthmert As usual. thgro was a 100% pass rag vAlh puplls achleving
Co1￿￿1 rosults wilh a ￿￿nd1￿3 numb8r of di￿1r￿lkJft$. A small rxxnber of glrls lo(* Tmity Board MUSK exams ￿ a
100% pa$s ralo as wilh the Trirrity *A￿lc￿ Tr*atr• Ex*ns ￿th malrly There mus¢ production exan$ by
RSL l Roc* scho￿ Grade 1 vAh 8 1{m￿ pass r•t
In Ihe Trinlty Guudhall $￿e¢h aThJ exams ￿ owwhekn*¥ nunts ofthe p￿11$ 0¢h￿Qd a di5bnd*Jn. The
rolished evwy opwtsthity kn d•veh)p ther and drama skls.
Ch•s•
regh)nal Imls.
Outreach
The Kquslc Loader organised a ¢on¢*t kn k￿1 m8wtsingd sthxls. Th• Ygw 3 Prffnary con￿ was
wdl attended. In addilic¥). the Chamtsr Choir at a local cofflmw* event. The Thursday LutKh CK￿.
Parents have rthhed kKre8sed SPO￿ tlm kn x*¥xl. Ttw omtMa¢¢d tha oppcrfkmKy to rA9wdse 8nd
ths ChrLqtma$ Folr for the first time h three yews.
Charflabh •¢tlvttl•s
Tha Charity Coordlnalor abty supp￿1 by I￿ pupl dwity and th8 pupl ra￿1 8pwoxlmat•ty £4.000 for
Hd8n tknglas House, the sele¢ted by ts wpns. A raryg ofavanls ￿ra prow)58d and oryaniwl $Lt¢h 88 8
by Ihe Ice cream van. NoTrUnlfomi Days, Ihe Poppy Appeal. Ct¥tstrn8s Raffles arKI thg ctrdtd￿'s *￿ty. In addlllon.
many pupi15 Used thelr own I1￿1[81t￿ to ralse nKrny. Pupls arKI staff atso mada 8w lor Gatfjhmo vthtch syiorts
the h(Kneless In Oxford.
F•clllllo8
the wpiEs' learning.
14

HEADINGTON SCHOOL OXFORD UMrrED
ANNUAL REPORT OF THE GOVERNORS (CONTINUED)
YEAR ENDED 31 JULY 2023
The yeorw8$ su¢cessM many frrrts. f*lth so nxth c•) offerfor the pj￿. They beneffted frixn an enrii*ing and
8xc4ttng educational experience pl￿ned delvered ty exceptxwl sLffl. The Prep Schrx)I wa$ an enrithiThJ. safe and
lun ￿acfj to bo In 202243.
PUBUC BENEFIT
Tho Dlroctors, Wlcy on pUbr￿ access is to rnaka Iho benofts of a H8adingt(¥i ad￿1￿ increaslngty ac￿&blO to ycAJng
people frorn walks of lrfe. In acconja￿e wilh these ams. ￿ sdM)ol off•rs assthd placos to Capable PUk415 from a
varl8ly of backgrounds and is Clytr￿*Iy seeh'ng way$ to wnprove acc*s$ to its highqualty f&lilies for locA sdwol$.
¢ommunity growjs and char￿eS. kn pw*l. $￿KK￿ to dgvebp lknks w6th local wnmuntygr¢ws
and schools.
School C•nlr•d Inltlal Te•ch•rTr•lnlfig {SClm
The National Mathematics and Pttysw SCITh offors uryr*led aThJ ht9h-w* tethr training. led by Mathematits and
Phy￿cS axpwls from the best s¢lth)ol$ nats(Thqlty tn a un¥4u8 cdlaboralion b8h¥88n the stale irKlep8nd8nl sectorn, and
In partnorship with ￿ts18Ct assocmtions such as The Mathomatscal Asstxiats￿. In >)22.23 Heathnglon School Igd th
Physlcs tralnlng for Ihe Central Hub, effBring places PhysKs and Mathematics gr&*Jates. The School a150 hosts
annu81 resklenllal IndurAton owrse f(w the rog1￿. The akn Is lci trakn high qualty 188chor8 of Malhwiallcs and Physlcs:
it will, over lime. raise tho stsrKlard of leac*in9. #nd sludenl ¢￿te0￿. in MatherI￿ticS and Physics nalionalty. Headington
hosts Ih& Physks ¢andKJates for one day every fcrfthight. duriry Iraining and besson 0￿r¥alk)n9 take place. A
mtmbèr ol stsff al Headington is *so given limelabkn allowance to c£¢rfthale ts train￿g. and a range of teachlr¥J and
noTrleaching staff we Nwdved ￿ si4wbry the candidates. Furthernioro. Headin9ton takes a key role in PKtsting
malhematics SCITT trainees as the host sdb>)t IlwhoNJl the year, this rdo is now assume(I for one or Iwo lrnirw•s •ach
year.
Muslc Partn•r8hlp with lo¢•1 schools
In 2022-23 the Sctthl launched a pr(*Jramme of regular lau9tbt nwsk lessons In Headhi9kn lacrfbti8s to pupils from Sl
John Fisher Primary S¢hcAII in LrtlletTh)rp fr¢xn New Mar5kn Prnwy SdY*S. Pupils are tranS￿rted using Hoadirtyn
M1￿bu￿$ arwj tsu9ht in gr￿pS tr￿h￿rt lh8 year in such a way that overy pwjll Sn yaar S and 6 ot the prlmary schocA
a course of muw knsor* a¢ffJSS tho year. Tho wogrnmme ¢ukninatod in a cO￿rt hostod in our Hive Gallery spa¢•
In suffmor 2023, v￿h Headlngton Year 7 p*WatiNJ and sen*Jr pupils $14¥xm thtr evenL
Prlm•ry •nrf¢hm¢nt ￿￿10￿$ In S¢lgnc• and 8port
Throghout 2022.23 Heathngton Schc¥J hosw 11 separ*e primary SL*M>)1 onrikngnt Sossk)ns In spoclallst Sd8nco and
Sport facillles. tsughl by speclalist from Headil￿1￿,¥ slaff. tri>m New Marston Primary School, St Andr8ws
inwy. Winthnill Primary. Pmwy. WKI S J(kn F￿r Pruwy. all
U$• ol School fa¢llltl•$
The School continues to We1cL￿ a whje vaiiety crf local ￿gai*S8th￿. many use ourl8dlties Iree oldwrge or In
exchango lor oxtrematy competilfva rat6s. As thesè Nisitcts arè often fM)stsd during temi timè, it is always important
to balance the ne•d5 of schod agak￿ of **•gn plamirtsj for offectivg usg of our ex¢ell*nl fa¢il*ios. In
addition to these rog￿aT arfar￿m8nts, Headr&lon Sc**y)l knlties Arn often used to 8UPPOrt or ￿n￿81 events that
be￿flI trthe k*xI CON￿nsty.
Htradlngton School •v•nts
The School regularty tThls eminent $p&kers aThl INganrses a WKle raryo ofsupra-￿rrVjrtaT adivfoes and events
for the tenefit of our pupils. It Is COMTh￿nplace Ic¥ 51Aff cyni5ing such events to invite pupls and staff trom other
such events indudo..
CEa$sts conference. eminent speakws frtyn th• University ￿ ¢)xlord woswted to from Ho**ngton.
Cheney S¢hod, and Cherwell SdxK4. topts related to the GCSE A Levd classKs S￿￿￿1.
FThlos￿Y Cafe- pupls from Stste sdKAJls are regularty inNryted to atteryj our excellent series of after sch¢x
Burlary poll¢y
The Directors View our bun•ry awards ￿ Ynportwrt Y* bth t￿pty b ensurn lan*1￿ W￿ld 0ltrthi￿ not
be gbk to affo￿ the fees can access the educalk￿ ￿ oltgr wrfl to atso relievg Ilnan¢ial hordshlp whwe an exLsting pupifs
¢￿tinUed e(kKal1￿l8 at risk. ac¢￿t￿lty rary• from %J% to 1QO% reffwssiffi offoos arn available to all
Is

HEADINGTON SCHOOL OXFORD UMITED
ANNUAL REPORT OF THE GOVERNORS {coKfiNUED)
YEAR ENDED 31 JULY 2023
those enterirYJ the Schwl at ages 11+, 1> and 16•, are a¥r￿ded k¥ those ¥rt￿. the ¢Jpith of the Sctrwl. show the
eatest pOt￿tsaI to ber￿ffit from all thal Headww has kn crflor. In assessr¥J means Imewtrtestirg) t￿• tak• a number ol
faclors Into ￿n$￿Je10t1￿ infjudkyd fan* YKX)me, in¥esth*nts. $8viigs and araThstance5 0￿u￿n9 de[￿Trt
rdalives 8T￿ the number ol ￿tAIr￿. tha Sclml do8s rnt h￿• • I￿ •Kknbrnnt and Iho total aThKyunt of money
alable is Ilmitad. *Aldtyiondty. as part LKI ow on attrxthg and retwning c•lbrè staff. th8 School cthr o fee
iissbn sePwme for slaff memb8rn vrt￿ clKThe to educat• thldrnn at Heathi9￿.
be 01 rksk. AS a dirn¢t resu* of tho CcrfLw¥lnJ$ par¥Jorfk and tho ungXP8Cted impact of Ihe porsonal fmancial
ciroJnslan¢e5 of a smal Nffthrof parents. Dwector5 made addli￿1 finjs availatlo to erwrgry hardship grants
ky Ihese families In orfer thal Ih8ir daLwJlrters' ed￿l￿)n was rnt th5wthI. As the b)tal amount of mclw is limitod these
I￿r$arleS are fO¢uS￿ ￿arity on w) y•ars. In 2022-23. 52 (2021-22: 541 mean*k5ted ffinanci￿ awards were
made whore •Jditionalfin•wal assistan¢¢ wa5 needed etiwtoeMbl* xc•sstoltr* scho￿ orbgcaLtse ofgeMr81 hwdship.
Infom)aJu) obout fee as8151•￿0 thwh 1xwsali￿ 18 to 811 pwonts lo th8 Sthool. is avallable on the
Seholushlp poll¢y
I￿r $¢hd¥r$hips are avarded on the ba515 01 Ihe in¢lwidual's araJemK wtentwl or of •xrxpl#)nal abilldes that wil
It 1$ ¢onsiderad a great a(*M¢vernenl tobe ￿rded • sthSarnhipar*J awards we m•J• lo rec¥>gnise enlhusbasm. excellence
d Ihe p)tenllal to be a l•adBr in the s¢lKWs m of ¢xwtise. Sclok¥s have th& CfVNtu￿ty to tako advantago of our
highly rtgarded enrithment 8nd eXterK81￿ wwaMmestofurt￿￿de¥ékVthtrn in lh￿1￿ ofexperti8a. Ther¢ is NJ financ4al
award lor the ma￿rity of schol¥shp caThl¢dat&s. *Th￿Ver there are a numbar of spe(xl acad8mK •nd music scholarshlps
avaiLable to th8 ht9h8St achiovry cand#lates at 11+ 13+ aTMI 16+ a￿1 li addilK)n, ThKJ5iC s(*oknhips afford free lultion
In a musScal Mistrumgrd of ¢hoke. AJI scholars aro offw8d a plo¢0 on tho rolgvant scjthrshlp programme for thetr dwn
th'soplints, benefithng from Ihe huge affay d mastw¢lass•s. ¥*¢0￿1 ¢0o¢hlng and rnwknrbrvj
Paronts of pupil$ awarded • sthoknhp. T*ho are Concen￿ that Ihetrf•wthl wgrrant supirt May elect to
b8 mean$.tested by the S(*¢xl. wlwth may in the wward ofa ixxsary of ￿ to 11XVA offees. L•vels offironcial support
we revi6we(I wmually. We advertise aY￿￿ty of sc**JarsNp vla ow and prospgctys.
In 2022.rJ. 94 pu￿15 (2021.22: 95}ber*fted fr¢ffi sct•Ywslty al Headiwn. The rfpwll& recamng 8thokrsNps
18 revOow¢d anNally to enswe th* is In kn wlh Ihotr 8blit*s. No scholwsNps tho year as a
fOSuII of Ihese Tevlews.
FINANCIAL REVIEW
R•suttJ for lh• y•ar
finarthl pr•ssure8 bwTh3 èxwieThxd ty lh• Sthorl. The fvl re￿ ￿ sh¢Y*n i) Ihe statement of finan(ial acOv6ties and
limited and Hoadin9knn S(*ool Intgmalion￿ LinNted. can bo soan in fth 7.
The financl81 statfjm￿ th(Av k¥thg Sdwl arai¥tt*s c1£242a8.917 (2021.22: £23.585.6101.
Principal source of Income Is I￿n and boardlry feB8. Tho aro conllThJlTrJ wlth Itdr strntegy 0fdgpl0￿ all
not incorning resour￿ to in th• th¢alkml pur[￿￿ aThl fab￿ ¢* ts Proparatory and S8nAy Schools. Th
partnershlp wlth the RDFZ ChaordrvJ Bran¢h B¢Slng w￿unt•d lor a 8ignifMxnt elemert ol Miscellar￿
educational ￿come.
Fundralslno Porfommn
and (thr frknds of Headiryton SdKol r￿Se lunds to the Schoof5 f•eilllies anable us to offer more
bursaries. The Sthool r￿n1￿￿$ to m*e Fmgross in rwirwj 4rknlary furvJv¥J. recer•WWJ £285.381 In donaliDns during thls
r•porting perb)d12021-22: £595.597}.
18

HEADINGTON SCHOOL OXFORD LIMfTED
ANNUAL REPORT OF THE GOVERNORS (COIITINUED)
YEAR ENDED 31 JULY 2023
All fimdrolslng aclivlli88 lor the are mon•Jed wd Undertak￿ by tr* Development Offic¢ tsam 1hro￿ Fwsonal
¢onla¢t with the Headingknn community, *d overseen by the DYecl(Ys' Devebwwt Committeg, a subwrrthlttee ol the
Go¥*nkng 80tty.
Hè8dlngIc￿ S¢W Is a membor of Ihe Institute ol Develow6nt Fthsslonals in Eduratth (IOPE). registered wilh tho
Furvjraising Regulator and adheres to lh8 Stand￿15 ofthe FunthalsYNJ Ccth of Prackn. Hgadkngkn adherns to thg
Gonèral Dato Prote¢tlon Regu&tion {GDPRI and (xty ctha¢ts Ihoso for ￿ our ccrnnwnication wll bo ro18vanl aNI of
legrfimole irteresL Alumnae, pupd5, Ptr￿ts, staff m*nbets o1th8 publ￿ may rewest that thetr InfcffiwlLY7 1$ reft¥￿d
frcmn the Scl¥Jol's dglabase ot any time. as c#Jlinod In the Fknvacy Polw publish•J on lh& Schc￿'s wd)5ilè. No ¢ompkirts
v•slm•nt poNGy. perfonnanc• and obl•ctlv
Investment acliwti8S oro managwj in Iha of Tnstee Act 2000. Investment powers are pvemed
by Iho Company's Memorandum a￿1 Artides. The FThn¢e General purp>￿ Commiltee ￿ d&legaied investment
prr•Mrs and has appofvitod Sarath Parts￿$ in 2020 as Inwstsrnnt Manws allgr a com￿111￿￿ tandOT rnc088. Thè
sc￿or$ inveslmenl ot4eclfves we to balance the awrent aThJ fu￿re nèedy ty.
• maintsinirmi (at least} the value of ts wNeSlM￿ ￿ real tenTiS:
. kYoducir#J a consistent 8fh1 sustsinabte •mtyJnt to suppcrfl eXP￿&ture.
• doll￿￿n9 theso ￿ectiveS le¥eb of rwk.
£￿)0.0￿.
Ros•rves l•v•l and pollcy
11 is thg poly ofthe Dtrectors kn c¢rtimJe lo ￿lId r¢8er¥es that ha¥• b••n COMM￿ or ¢knwted for any part￿lar
PLwpose. The Directors have set a￿e those reseF¥es ￿ order to prOt￿t the thjlure OpwatlDr￿ of th¢ Schoc4 from tho effects
of any unforeseen varkguons in its Incc*n8 streams as part of a policy of giLMI fmancial manag8menl pradirn. In ¢i*nmon
wilh other IF￿8￿dent schools, the DrerA0￿ have Thiesled sthtanlial 5urn$ into new Schtr)I buildvry$ In rowil yeors and
S¢hoofs t¢tsl rnswve¥ d £33,065,21Al 81 the ￿r•I unsp￿1 Restrlcted of £362.628
#nd £32.702.581 of Unrestrtctsd income. incknjing £1.151 of shwe caprtal. Alhwgh the re5eNes ar* 8t a negatlve
balanGe. thls Illustrates ext8nl ofthe Investrnenl In tho Sdwl. thh L% o practic8 by IndopèrKlent scthools *thl¢h
have lo fThnc• thoir thvn ca￿tal Invgstrnonl plans. Tha Dyect￿5 consid8r Ihat given the strenOh of th& Chari￿5 balance
sheet, the stsble cash flow from wpl rots. tho ongoing popAarity of tr* S¢*￿1, 8nd tr￿ avallabl& t)anking f￿A￿Y that
be called Up￿ rf negd arises. tlwro Is Th) nggd to ￿lId a free resem at timb.
The Direciors re¢(srAse Ihatthg Iw*g1 ofrosw¥es flucthths dwlry p8r¥Jts ofinvestrnoTr1 tn thg and the Wrang0n￿nts
with our bank are in plJce to wovide an adequate'safety nef slKwld il be wiir•d.
Off￿. Tho Dlrecttys retsin the option to¢¢rn*those reserwes in the shrrttwrn lo copilaj eypgnditurn Ihal h85 droady
b¢en Ilentified.
H•adlngton School Oxlord Llmlt•d G•n•ral Charllth Tn￿t
Durlng Ihe year £85.00012021.22: £88,Cth} ol irwmo from Tn*t was tr•Xf¢r￿ Irrto th• Sc*wl'$ a￿nI to fund
8chd8r5h¥￿ and Lwrwigs.
Grantwmaklng poN¢y
The DirecioTS agreed ui 2015 lo c￿￿Inue * rKrease th• wn(Aml mafle avadable kn scholwthp5 aThJ iwTsariBS each yoar.
These gr￿ts are used lo allewate hardship wh¢re a pupd's educalion and firture prtspects a￿ cwtsirlered to be at and
to provide opptylLmilies fty wpl$ wts) 01heTh￿ V•YJukJ be unajlè to lake advanlage of Ihe educatio￿4 eThvknnm8nt that we
Provide (i.e. accesslbllty awards made ur#Jer the ausptts d the Heathrrjon Programmel.
17

HEADINGTON SCHOOL OXFORD UMrrEO
ANNUAL REPORT OF THE GOVERNORS (copinNUED}
YEAR ENDED 31 JULY 2023
Means-tsst£d grants made to reduce SCI￿1 leos Thi the pa* yèar t¢tsllwJ £834.191 (2021.22: £782.043) n)ainty frorn
Sundry in¢om¢ from ¢¢mY￿1 letlny, s¢m8 *Jdit￿ irKx)mg frDm tho Headirygton S¢hoc4 Ggnoral Chjrllable TrusL
Th•8e sums do rM)t inr*Jde staff fo8 r8mis5fO
P•nslons
Indudes conlribulions payable to the TPS 01£1.574,15312021-22. £1.440,105) and ¥1 ts year-end £186.1￿ (2021-22-
TPS is an unfijnded Mult￿eMp￿y￿ deffin￿ bw*fts pensicffi stheTh#J pvemed by The Teachers. Pensions
Re9￿￿1)nS 2010 (as amended) a￿1 Tho Tea¢lws' pens￿￿ Ythme R¢gLdalw6 2014 (as amerthdl. Mertiers contrlbuts
on a'pay as you go. bas￿ ti)ntrI￿￿(m$ tr¢*n membets and Ihe *mr*)yw beiry I¥￿1&ed to tM Exewuw. Rellremenl
artd other pension benefft5 are pa*J by publ￿f￿ndS ￿mIed by Parfiam8nt
The ernplO￿r oJ)trI￿tson rntg the Srfrthy of Stat8 fonow1￿) 6d￿m￿ v41LwlvTh undgrt¥kgn by the Govornmgnt
Ci¢partmenL The rrtht re¢•rrt xbjarial ¥ah￿￿1￿ ofthe rps wa5 wepwod as at 31 Mwch 20￿ lh• Vajualion
Report *thich TM8S pthlish￿l in Odcbw 21Y23.
Folowk¥J th8 M¢Ck)ud ludgomgnL tha rw))edy wqK>sgd that whw t•cm payablg. 01￿1b￿a meml)9rs can select
re¢th Ih8m from •llhw ts fofwn*d IwJg¢y s(*erns for Ihe poriod 1 2015 to 31 March 2022. a¢tuarltrs
assumod that membgTs are Ikety b) c1￿￿55P the *￿t provwjes them with the greater benefits. and In preparlng
Tho confim*d Ihal Ihe ralo the TPS *Dukl ir*>ease fr¢m 23.6% 10 28.6% from 1 Aprll
2024. Emwoyars aro also rfjqulmd to pay a s¢1￿￿ a1knhI5trath￿ Iw ol 0.08% 9￿￿9 a tot81 ￿lOyer ¢ontribulKm fate of
28.68%.
Str￿mIln•d En•ryy and C¥bon R•portlng {SECR> Dlscltywrn
(•) Eml$8lonG Summary
The SECR dis¢k)sure wr cathn witran Ihe Lknited lQrg*4m S¢op8 1. 2 sorne exlent scope
3 emissions, an appropriate intensity motrk. lh8 8nwgy usa of ekn*Kay. gas a￿1 tran¥•ytfi￿ and • onw
effi¢lency actions summary dwing ts rok￿1 finan(3al yw.
Yetr lo 311t JIAY 2022 3111 J￿Y 2023
c(M)suiWton used lo c*lat• (k￿)
EmisSk￿$ from ofgas (Scwe 1) tCO*
Emiss•)ns from Comb￿tion dfuel I￿sport putpxes 1) IC02
4.850.877
3,924,928
718.9
IC020
42.1
40.9
Totsl groga iCth• based on ab(M
Intenslly ra￿0 (ICO2thNth d pu￿￿1
1.217
1.032
18

HEADINGTON SCHOOL OXFORD LIIITEO
ANNUAL REPORT OF THE GOVERNORS (CONTINUED)
YEAR ENDED 31 JULY 2023
SECR M•th¥)dology nol•s
Perf¢)d
Boundary Iconsolldation apwoach)
Alignm&nt wmh finan¢ial rewlng
lo￿gu￿ 2022_31•Ju
2023
SECR dkthure has been wepwed in liie *rylh HaadIng￿ School's
wmal m•J• to 31* July 2023
f&lG Erthsh)ns iewrting arn kn line with tho Greenhou￿ Gas (GHGI
Pretocd Cwalè Act￿nIm¥d and Rewting Standwd
DTh 2020 lor all erniss¥)ns and Corwetsitin factcrfs
EmIssh￿S factor & Con¥er8lon factor
Calcuk*lon mth
Actsvity Data x Emisswy) Fath= GHG 8mis$h)ns
The r•suMs in b)e latAè are expressed In tons C02e ar#1 may nol add
> wwly to Ihe thJ8 ts) TouThJir¥J.
Othef Infomth ¢)n Cal￿lat￿)n EleCtr￿ty us•Jo estimates for ￿leS where Infcthalion *)n
Diesel a￿j petrol Wit w85 Ml avalable Irom ￿MPanY mi* {6%
ILrtal tr￿$1￿1). S￿¥1 was u$irvJ VEH0203 slalistKs
Reason for Ihe1rt8nsity m8tr1¢ dK4co Heathrwl Sclwl * gn kndepondont day. wookty fUl￿1M>ard￿
s￿¥￿￿ theTeftye folhxryNJ t￿ re¢tynm¥*datiM$ of the I￿SIatIOn the
chosen int8nsty MO￿ 15 based on ic02 p8r pupTr. expressing th&
Ibl En•rgy Efflcl•n¢y Adlon Swnm•y
HBadiW Sthod (xnUnu88 to &hi8ve s•¥wB5 ￿ enwgy and 8880ci*d carbon emssKw. through g)8T8tioMI
and tsc•W￿l0gICaI Improvenwts. ￿￿j￿11￿.
the period ¢over¢d by the rer•Jt thè Sc*thl has cthlrvjed ¥•ith its wwamme lo r*e ex[￿n9 {m8lnty T5 type
Iluorescent tubes) ￿1h energy 8fficiwrt LED lithts'TrJ. as lthe existing kn3ht1￿ fwl5.
Th• n)of of lh8 swiTh¥ning poK1 has been reyxed al￿ tr￿UL￿ted..
The bomers in both the swimnmng pool main sthx4 have beon rgplxod with nw. •n•ryy gas boilorn.
Ex[￿sed plpewtyk 4r<xJnd boiler5 havo Lwi la9yed;
Temperature conWs fry ￿1￿j1n95 frtted with Buldry manag•n￿ S>*ms l•vo tw adjusted to r¢(￿8 onprgy
costs.,
Sonsor contrdl8d119hfjng insldled be￿ I￿¢alled in nthv bthhlings: and
The Creativity arKI Innovati￿ Centre HI40) has begn fthd wlth Photo Volblc to gongTats f¢¥ the
The resulls for Iho Eneryy Sa¥ing5 Opporttirrity Sclwne (ESOS) Phase 2 bBnchmarklrvJ exwL¥se al Hèadington School slte
show￿ that rt 15 perfmlThJ *pll agaThl the gas value and pthMvJ well agaw*t tho good electric valw. for a
19

HEADINGTON SCHOOL OXFORD UMrrED
ANMUAL REpoKf OF THE GOVERNORS (cofrmNUED)
YEAR ENDED 31 JULY 2023
DLrring th￿ r¢portwig P￿0d ts DirBcltys op8nwJ rwtsats￿ vfflth tho Dir8cth of R>• St Ar10￿ Limw ab￿1 the potonllal
to mer98 tdh s{4￿15 Ikn lo lJ)ow do8¢ physThl woxknjty. sSmlbar L*arl4Jl• vakjos ￿ brood C*rl$tlan ethos. Fonvwing
oxt•nsNo1ogal and ffin￿[al du• ddlg•nco. tho DIr￿ts$ of schofAs entw￿1 knloa legal agrnomgnt In Septsmber
2023. SubJe¢l 1¢ ftymal 8pproval ty tth tho Dop*1m￿t olEd￿tiOn •bJ the Chaty Comm¢ssion. it is plann8d to operate
a (JJ•ducati￿•l prwaratory ￿hr￿)I Ihé rjte of th• Rye St ￿mpuS, and a slNJle-sex senlcy school for glrfs
only on th8 Headin9ton Schwl sentor C￿ frun S•pt•rth 2024. By both and comblnln9 pupiL%. staff
orrfl lad1￿¢$. Ihe Dlre¢tors seek to mtramtso tro knpgcl of pow. s¢¢W and frrAMaal threats. whi15t keepln9 the sct#)ol
as atte5s￿le to a$ many Iwniltes as po5$114e ar￿ ￿￿otects￿ tt* fuiure of as a tharity. The mepJed
school WIM be krKAvn as HeadbvJton Rye Oxford LSmited. M￿e detaits (m the Scf•)ol's p*ns be low￿ online at
In parallel, the Drecto￿ contmw and thg delr¥wy of th? F￿ye¥ Strat•sYc Plan appmved In 2021.
entiued 'FLrturn Roady Gwls.. BurkfwvJ strw ￿￿1•n￿ ftXmdat*￿ a w•ath d sPOrt¢FVJ and QJ<utiiuAar athhl
on offor, tho SCly￿ ￿ lo ¢kn¥¢lop Ihe txea(Ih of fry shKlgnts lo ¢nabkn thgm kn folkyw a path thal bJth sults
Ihok ocadwni¢ •spiraliern and sat*f•s Iheir n&wal •rKJ p￿lY￿s. Th¢ School wll •rK4)urngo 8ttKlènts to take
. apprr•lato risks ￿d. to emtxaco the IBwnlrvJ oroortunitios frC￿ •xwiortry fanLfft wilhin a supptylivg anwronmont: to
welcome wobl8Tr801viroopp(YbJnilie5 wlwcti can be unravelled bythinknng ttèativetytr￿ W￿n9£￿tat*)rn1tYe1ywrth othars.
In doing SO. W8 wll equ￿ our wpls so ty ar• firture r•ady. f￿1 prOp￿d tr> take Ihe CI￿lIe1vj9¥ they may face and lo
thr4ve. Wher￿ lrfè lakes them. The ScPKxl'$ website c¢ytsns detafts olwhat a pupl wll be lkn using Ihe six Cs ￿e￿p
by Iho time tw I￿ at 11 at 181 hitySJP•Avw.l*a(*wJ￿.ty￿tr￿￿I-￿sl11W•a￿m-and-th￿.
Opportunllh• for Do￿10pm•￿¢
0ddtti¢￿. as port of tho *r*. Dweclors WHI to:
Invest in ts acad￿n￿ C￿￿X￿ lo offer a iyoad ¢xdèr Io ornblt kn bolh th• Prep and
r¢$li¢rt￿ In ortler to suwt ￿1Ve rnntsl heath and welbtrirvJ ofall St￿￿nts.
D￿ek>p C{K￿nic￿l¥ pathways Sd￿￿1 that gNe sltsdents with a pwtirJJknr interest a ¢le•r dev•lopmw
palh develw"n9 transferalmo th18 dwry the￿1￿• wilh ￿. Ttr￿ with an 1ftter￿t in. for example, Leith's Food and
Im￿ c￿￿. Eryln88rits3. Cunfflu￿ crf Entrewen•urslMp. would be ablo to s8è a clearly
str￿lured pathway Ihat would le•J lo lgadethp oppothiill89 and 8 deeper understsndlng of thalr wea of
PA￿ld o(thndiffj in5wry ory￿b￿lIti8s for stsll to oTrh8nce Ihetr c8r•8rs at H88dtro1oTr Ftyg Oxlord. both for
those at the s&vt of their a￿1 lor those soekiffj (Ywwj do4￿0nt aNI
PGCE support and maxlrnls8 staff lrnovaU¥e and fiJr*ar&bYnW IthV¥es and tho
awar8ngss of the need lo c•rnent oxtslwwJ rdat*Jnships en9agtr mLYe St￿3¥nts. both al Ho•d￿on Ry* Oxlord
Grrm the Slxth Fom) Comrnunity programff*. IrN05tigate opp¢YbJrths kn oypond tho Sthnlay h£ademies
20

HEADINGTON SCHOOL OXFORD UMITED
ANNUAL REPORT OF THE GOVERNORS (CONTINUED)
YEAR ENDED 31 JULY2023
RISK MANAGEhlENT
Th6 Directrjrs fn raswr￿1bkn for the iyrfotsighl of the iisks f￿1 by ￿ &hool. Detsiled r•)n$Nl•rallons of risk ara d818gatad
to the sgnw18adwship of Ihg sd￿￿. Mlgnbfiad. ass•ss8d controls osl*llsh8d t￿￿thout Ihe yoar. A fom)al
rèvlew of the chariws I￿k managemènt proc6ssès is ur¥J8rtaken on ￿ amual basis. Rtsk Is managed undar tho hoad5ngs
of Safeguarflng. MiswnlObAe¢lhs. Oporntic¥)al. AcadgmK. Technkal. GovomanGe. UnEversal factors. & Re9ulaUon,
Gtsv6manco. Pwsonngl ar#J Financial. They are assessed kn relation to Ihe liktty damage lo th• finandal * reputation
wdlbeing of tho School, as well os to Its knfr3str￿. 41 ￿1h1n the CAintext Oftt￿ strategic oblectives. fvsks
assessed kn resP￿t of thfjir ￿tial aTrJ the Sdw>)fs atslity to tc4erats the ImpacL S￿CIalIst extemal
adv1￿ b tak￿ on a regulw b8sls lo iift¥m DireGth on k¢y
Safrguwdlng Health and S8fety we 8fr*8ys slgrwfwbt are85 for rrsk rrwo9errwrt ond they are stèrKling agenda items
al all Full CoLKKiI meetir¥Js. Through the rfsk management ￿￿esseS est￿￿hed ftt tt* S¢hooi. th• Diredors are satisfigd
thattho major risks identified have been adequ•tePy mkngoled n￿$S0ry. ft reccgnised that systems can provlde
Prln¢lpal rfsks and unc•rtalrrtl•s
The Oir8¢lors ¢(￿k19r￿ pthdp4 risks to bo:
• Safeguardry and the Pastoraf ?￿lt￿lre d stthls:
• Fee affordability and the potenti* KTVCt on ￿rrent and p¥ents of VAT tthg Inw•J on Independent
sthcd faas by a fthure LatKwr goYarrYnanL'
. The potential loss of ctrwilat4e relief on BuS￿esS Rates..
• The jrnpact of inflatwjn 4Jn suppliers. costs. Parti￿la￿Y gas and ele￿￿ty u)sts;
• Mainlalning and inasitYJ ro¢witm•nt in a hyw<Thryotiti¥g onvwonment;
• Global instability, rnaking it chalenging to T￿rUit internal￿al boarders:
. Recruitsng and rg18lnlrKJ a¢adern￿ and supp(Yt slaff. tho to nal#)n* laLK)ur St￿..
. Tho impact of local traffic congestM￿ on pupil and staff rerautment
. Ensuring thal stsff a￿ reM￿eTa￿d apwwl¢ty at • timè ol rlsir•J
. Increased material and lab￿r costs for CaFilal F*c4ecls:
Workin9 wilh the Soniw L￿dershIp T¢am. th• Otr*tors monkn Se£*￿ ckBdy, trfjth n•lthalty and lo•. in
or(ler to read responsivety lo diarwJe5 ￿ market conditioTrs. Likewiso. Dwe¢tots rmnitty Iho ¢¢)ntrol$ and processes adopled
by the Sch￿1 lo re¢wrt $18ff and ¢nsure that the hbghest stsndwds are mairtained in all areas. thè risk management
prwesses eslabllshgd arnss the Schod, the Dkeclu5 are Sa￿￿d that lh8 mw risks Wyenlif￿d have bgen adequats
miligat•d.
No formal comptslrts were recelved thls (2021.Tr. ￿).
Golng C¢JnceTn
dernortstrale that. uThJor a rdnga ol dw11e￿1ft9 oporalb¥J the Schx4 I￿S sufficient cash reserves lo m¢¢t the
Schoofs oblvjations as they lall due. Dosth Ihe omeTgiThJ infiatKxwy financial F*essuw operational rebalancln9
¢aused by th6 margerwilh Rye St Antrx)y, He•yrytr￿ remwts li a I￿AhY find￿1 tx)siion. This financial p)sltion Is further
slrorvJlhentd by the oblNty of Ihe Dre￿¥ lo ¢{￿SkIer ojn5dld￿1rtg cperathm onto two sites from three thwld pupil
numbafs fall in sth¢q￿nt ye*s. As a res￿( the D1￿ClOts ¥re ¢onfthnt thal S¢hod remains in o strong financial
position, capablè of dea￿n9 wlh any aiklthial str4tggK slM)cks. After the considwation, and a8 a re8uh ol the ado
d8tai18d. thè Dlrèctrrt have 8 reasonablè 0Xp￿ti￿ that the ha8 adequatè rnsoUr￿S to ccmtmuo Its octi¥iUesft* the
forese8ablg fuiure have trweforn C￿$￿181¢dI1 aFvowI8ts lo prnparn ￿ fingThaal s1atèm￿ts on a goiNJ concern bas18.
21

HEADINGTON SCHOOL OXFORD UMITED
ANNUAL REPORT OF THE GOVERNORS (CONTINUED)
YEAR ENDED 31 JULY 2023
This Annval RaporL prwared urth th& Chwitios Act 2011 arKI tha 2006. was approved ty tho Goveming
Body of Headln9ton Sthool Oxloftj Unknd on 7th De¢ert*w 2023. kn thdrc48dty as corTpany ￿￿￿t015 appro7lng
Mr• C OstsrWaTrln
Chilr ol Coun¢ll

HEADTh40TON SCHOOL OXFORD LWffiD
INDEPEMDEMT AUDITOR'S REpcxrr TO THE MEMBERS OF HEADINGTON SCHOOL OXFORD LIM￿ED
Oplnlon
and its subsitha1i￿ {tt* for lh• ￿ar ¢n￿d 31 2023 the Consol*Jaled Statem&nt of
Cash Aows and the r*ted nott$. indthlirwJ o summary of St￿NfiCant acfJ)unting polides. The fm3n¢ial roporbng
frnmework that has been Sn thébr preparatkn is appkth and Uniled Kingth)m Atto￿n￿r￿J
StaTrtrds. irduding FirwKial Rew1wvJ Stsndard 102 The F￿￿￿¢¥al Repc¥ting Standard applicable in th¥ UK
In thè statements:
a true falr the sl* ol wp's *MI of the parenl dwriWle affalrs a$ at 31
July 2L7XJ and ofthe Inco￿ arKI expgrKIth for the Ihen ended".
8asls for oplnlon
W8 C￿￿ul￿ad ow a￿￿rt in K£¥ydonce *ilh Intenmknl Standards on A￿lI11r￿j (UK) {ISAs {UK)I 8nd appficablo
law. &Jr resp￿s1￿1114eS WKler Ihose skndards are fixth•r d8sc11￿ in the Audilorfs reSpo￿bIlitIeS for Ihe audit
of the financial slat8monts $8dK)n of rewxt. W• are ind¢p8ndent ol the grcw Sn ac¢ord8nc4 wilh the elhical
requlrements Ihal are IBle￿I tt* our •tMJit of the finan¢xal statements in the i1n1￿￿ Kingth)m, inthdinp
Flnandal Reportirvj C(￿￿Cl$ ElliThl StaTrJard. our other ethical responsljilibes In
accorda￿ titi thes8 roquirerwits. We tr￿t lh8 a￿lit evKlenr* have obtaThd 15 $ufficloDI and
apprrrf>riat• b) p¥ovKl8 a basls for our op￿.
Conduslons r¢lallNJ to golng ¢oncwn
Based on have p¢rfryrrBd. we how not *JentifRd any matwial unc¢rtaint*s relating to evonls or
¢￿dI11)nS thaL or cdtedNely. may cast swJnÉft¢ant d￿￿1 on th• group's or th8 parent tharitable
C￿mpan￿$ *lity to as a ccrttm for a peiicrfj rA at kast M￿th$ frorn when the fnoncral
Page Z3

INDEPEMDENT AiIDITOR3 REPORT ro THE MEMBERS OF HEAD￿GrON SCHc*X OXFORD UMITED
(CONllNUED}
compriws th• informalh)n irtluded n lh• •nNal rewL t)ther tl%8n tha finarmial slatstronts and our oudllorfs
I•k￿rt opviim ￿ tho finaTrial staloments does not C4)ver the other inforfflath* and, ox¢ept to lh•
Our r8spJn$lbMty Is io read I￿ otrw aThJ. in dwg so. C<¥￿Ider wh•tr*r th• oth•r Infomwvon '
matorfalty wtth the ffv)wKial 6tatemonts obtaw*d in th• oroth•rvAs• appea
to ￿ rnaterlalty misslalod. If malorlal Inc4Jnsisl8nd•s ￿ appw8nt matorial mlsstatsm8nts.
aro ro(wlred to dotwmkw *th•ther thEs gl¥es rlse to a matgrfal mlsslatemgrt kn th& slatsmgnts
oth'er urform81Th, wt are rel￿red to rewxt I1￿t t&L ' .
We b) rwt kn thls wd.
I￿1￿10￿ on (rth•r mallws ty th• Comp•nles Act 2C
prfrpar•d lor tho of (￿lp￿Y law. for th• fin¥ml Swf ILY statsmonts arn
obtsin$d in th• the 4￿J& ￿ have ￿1 material mi551¥kn￿ $tral•gic rnwt Or
Dlrect￿. u1¢1￿￿ed T*ilhwi the Tru5tees' rermrt.
to rewt to yryJ rf. in Owwiri￿:
As e*ined More fulty in fn• Tru5tees' Re¥rfXwrtJl￿5 Stst•ment. tho TNstees (wtho **è ￿50 tho directors of
the r*witable ¢xnwny for th8 pu￿0$05 of cornpwry Iwi) rosp(bn91>1o for the pr•paration of the financial
Itstoments and for ba￿9 so11sf￿d tr￿1 Ihey a tnje and la￿ v•w. W for such internal control as th•
alt￿tabl6 Cry￿an￿$ abthty l) as a cixbxn. d%k>slng. as *kablg. matt*rs reW to gotng
CO￿8M and uslng the goirKJ basis of0￿1n￿O urAo$5 the Tnjstegs dlher Intend to Ihwbjato th• Group
Poga 24

HE￿￿6T0￿ SCHOOL OXFORD UMITED
INDEPENDENT AVDITOR% REPORT TO THE IAEMBERS OF HEADINGTON SCHOOL OXFORD UMITED
ICOIITINUEDI
Our obfvctsves are to otilan 88StHm the financial statements as a wthole arg free
from material misstatemwL lo fraL*J (* wrc*. and to issue an Auditorfs Report thai indudes tyjr
opinkn. Re¥gCrtble assurarKe 15 a high level of as5uranr*. is r￿1 a warnntee that an authl Mnduct•d in
8cts)rdance wilh IS48 (UK) *iM dele¢t a matuHI mtsststement w￿n exlsts. Missts¢ements can arise
frfyn fraud or wrur and are Cor￿Idered mthial If. Ind￿u8￿Y or li the aggregate. ccojd reasonably
oxpectsd to innuen¢e Ihe ecor￿Mi¢ de¢isNyts ol u50ts taken on basts oftlwe ffin￿al $talem￿ts.
Detslb of tho oxlent to tthfiith the •Jdit VAS fjxtshlered ¢ap*t40 of do1￿ trrewlaiilies, ￿￿u￿19 fraud and
notrcompuance laws aTrJ reg￿011(￿Ls ar8 set c¥Jt below.
Rewrting Coun¢ls vAb>le at 7vwrnl.fr￿cw9.￿Jawj1lty￿eS￿￿￿Il1[8s. TNS deX￿p1￿ forn￿ part of our
A￿10￿5 Report.
Irregularibes. 1rd￿j1￿ fraud, *e of Faws ar#Y regula1b￿s. W& id•ntified and
¥$8¢$s00 ihe risks ol m*erial fflisstatem8nt of the fman¢1￿ sL*ements trom ￿reg￿a{￿eS. vthether due to froud
or 8Thor. theso between ￿r 4￿jrt ieam membors..Wo th￿ designed and performed audll
ba$ls for our opinion.
group operates. fooJ5ing C￿ those laws and reg￿tIonS that have 8 di￿￿ effecl on the dèterTnina*on of malerlal
amounts and disclosurns in ffinancial $tat¢mMts. The IM WKI rngulat¥Jn$ wo ¢ons*Jer•d in this contgx¢
were the Ad 2(M)6. 18xation legi518tiM and Èmpwn¢n¢ ￿￿titin. toge1￿ with th& Charities SORP
(FRS 102). We assessed ￿ required wilh lhasa and wuhllons as p8rt d our 8
procethre$ on the related finar¥i￿ statenw* iten*.
In addl&)n, wo Ccmmlered of l•ws rryul9lw￿ that th nol have ¥ dirn¢t thcl on th8
financial State￿nts Imrt conwlanc• mlght bo fvThIgrnentsl to Iho charitable o)mponYs and group's
atility to c4)8rats or to a¥LMd a mat￿￿ F*naMy. We also Consi￿ thg OPPL)rtunilles W)r*nt1v￿ that may
￿￿$1 wllhln the ch￿11￿ ￿n￿anY the grwp for fr8ud. Tho Law5 and regulations w• conskl8rad in thbs
Auditing slandards linll Iho requlreil aKlil w¢KodLWaS io identify nonWcoThykan￿ *ryih Ih8$9 * and regulallons
lo enquire Of th• Twstees ar￿ other manageTh￿l and inspe¢bM of rewbtory and le9al corTespornlence, rf any.
We Identified the great¢sl risk of mater￿1 inpxt on tho fina￿￿al statements from irwularllies. induding fraud.
lo be Ihe appro1￿ and pr(￿eSsI￿ CA fee CO￿￿$￿$ *¥J 1*8c(wnts. and the ovenide of ￿ntrOl8 by
man•JomenL Our audit procedures to reSp￿d to these rsks kn￿ded enq￿rIeS ol management and the
Finèn¢8 arKI PU￿￿$8$ Committeo abwt Klentification and ￿esSMen1 of th8 risks of
Irregularflles, sample 18sling on Ihè ptsling tsf J(M￿nall dewirvJ audit over f•• tsJrtas8hy* and
dlscounts. acttjunting estimates for blaso$. re9￿￿tOry cotre3p)nd8rKe Y41th tha Charfty
Commisslon. In*endent S¢ho(4s Inspec￿1￿. CKst8d. arml reading minu*S of meeDng8 oftlk)g8 charged vhth
Pap 25

HE￿NGTON SCHOOL OXFORD UMIYED
INDEPENDENT AUDITOR'S REPORT TO THE IIEMBERS OF HEADINGTON SCHOOL OXFORD LlhllTED
ICONTINVED)
to inhorwl kmilatKffls ol ￿ a￿￿1. 15 an wTra¥o#Jth risk ttwt TWO may Th)t ha%* a￿eCted SLMne
material misstatements in ts financial statements. e¥en though w8 have propedy planned and performed our
audil in accofdance wtth audibNJ staThJards. For exampkn. ths Ivrthèr ramovad Tr)n-CL)mpJrJnc8 wth laws and
fegulations lirregulariligs) rs fr¢Kn Ihe 8vents and transactions refftecled in the f￿anCIal slatsm8nts. the less likgly
t￿ inherenuy limited procedures f8qJYed by authiing slandard5 would K$8nlify L In add￿on. as any audit,
there remained a highar risk of of irr8gularilies. as may involve c￿USion.1org8ry. Intentional
mIss￿ns. misr8prosèntati0￿. ty tha of intsmal contrth. Wa not responslh lor proyonling
noncomplia￿ and cannol be expeded lo dele¢t ￿r￿co￿lia￿ wilh ￿ la￿ ar#Y regLlation&
Us• of our r•wi
This'rewt is fflade sd8ty to ts chaiilaY• c4xnpanYs ffleM￿. as a body. in occothrtt*ith Chapler 3 of Part
16 of the Companies Act 2006. Our audit w)rk has t)e￿ undertskgn so lhal v* mlohl slatg to th& clwitablo
componrfs members those m8ttws are reqUi￿d to Slats to Ihem in Jn Audrtorfs R¥port for no olher
purm. To the fullest exlent p￿Itted by law. we do accept or res￿)nSibIlity lo ansfjne olher than
have form8d.
Gvy Blggln (sw￿1 StAtuloryAudlor)
and (m behaN ol
Crowe U.K. LLP
Slatutory Auditof
F￿rth FI￿r
St James House
Sl James. Square
Ch8ltenham
GLSO 3PR
Oats: 19 December 20rJ
Pag9 26

frEADI4GTON SCHOOL OXFORD uMffED
CoNSOL￿ATED STATEMENT OF HNANCIAL ACTMTIES ONCORPORATING INCOME AMD
EXPENorruRE ACCOUNT)
FOR ThE YEAJI ENDED 31 JULY 2023
Tot•1
funth
2023
fimds
2022
2023
Donaknns and lega
charIts￿8 activ6t
175
21140.676
279306
28SJ81
23.140.676
435.665
76.422
350,773
595.59T
22,070,6T4
462,240
27,5TO
429.529
knveslm8nts
8.on
350,713
Total Income
217283
24.288.917
23,585.610
Eyndltyr• on:
Rawng funds".
Hgadington Sch￿1 SeThry(￿ Lld
Hgadington SI*￿7 Intemaii(ml Ltd
1*183
156,183
1.259
198.rn
253.193
21.936.955
68,077
206,310
196,987
128,324
20.063.988
191.779
251.180
27,621
1013
109,327
Tolal •xp•ndlluw•
435.029
22.546.369
20,663,686
Invo$lm•nts
IM605
(6.9171
175.943
1.741548
(11,14¥
2.921.924
(37.299)
171.715
1.731.403
1254
2.884.625
Taxa¥on
13
12
N•1 Incom• aft•r lax•ffjon
T￿SlerS between fw
1J59A33
1K979
171.715
(1K,979)
1.n1.148
2.884.625
N•t mov•ment In lunds
1.75Q412
125264)
1.n1.141
2,884.625
Pag• 27

CONSOUDATED STATEIAENT OF FWANM ACTMTIES (NCORPORAnNG INCOh1E AND
EXPENDITURE ACCOUNT) (CONTINUED)
FOR THE YE￿1 ENDED 31 JULY 2023
T¢￿1
lund$
Tolal
furtds
2022
funds
X123
2023
Rècon¢MlalloTh olfunds:
Total fuTras bmught forward
30,94Q1
1.74412
7,892 31J¥D61
1.n1.148
28.449.436
2,884.625
31702.581
361628 33.065209 31.334.061
brought foThrdrd caff*d fonvwd fiwx15 for thg rAxrent and wevi¢yJs years ￿1￿18 £1.151 of
Pago 28

HEXIINGTON SCHOOL OXFORD UMITED
REGISTERED NUIABER: t￿41076
AS AT 31 JULY 2023
2022
Flx•d as¥•ts
TaryJknle ass•ts
14
16
15
41241185
739.286
900,000
36,488,525
755,756
41881871
37.244.281
Curr•nt
Slocks
0obtorB
Cash at bank aThJ vi ha￿1
17
782
15.3TO
1.050.885
1.731.719
18
664940
1,65Q124
2.797.974
Creditors: amounts wilhin on•
19 1W.386)
(4,588,M)
N•t ¢urr•nl114bllltles
13.811362)
{1.790,232J
Totsl 4sJ•ts l*Js curr•nt hbiliues
39,070,209
Creditots: amounts fal￿¥ due after ffKwe
than cme )*ar
IC0O5.000)
(4.119.988)
Total n•1 •ss•ts
33.065.209
31.334.061
Charty ￿Trds
Restrthd funds
387.892
Unre5trktsd Iw
Sharn co￿￿1
31701,43Q
1.151
30.945,018
1.151
Total lunds
33,065.209
31.334,061
The Twstees athowkdge they respo￿[bI[rt￿ *ilh th• wequiremwts d the Act wlh regpect lo
The financial stalemonts were apwryed w¥J aulh(xW tr15sue Tnjsteos •¥J slgnod ￿ Ihgk behawty.
C Osler TJVarrln•T
D8te:
¢n pages 32 to
29

HEADINGTON SCHOOL OXFORD LIIIITED
REGISTERED NUMBEIL. •)0141076
SCHOOL BALAPICE SHEET
AS AT 31 JULY 2023
2022
Tangknle ass4ts
Invesbngnts
14
16
15
41242,18S
739
900,000
34484525
75&761
4U81h76
37.244.286
17
14.565
957,854
1.638.852
Dèbtors
18
835248
611
1861106
2.611.271
Crethtots: on￿nts due TAthin
19 15J•wn
14S37.645)
Ikt ¢4wr•nt Il•blllll•s
(192U91)
(1,926.374J
Totsl as¥•ts IMS ¢umint1obf41•¥
3BJ57485
3431T,912
Cre(titots: anKxmts tsuing due after n
than one yyar
(I00SmD)
(4,119.988J
T•tsl n•t •ss•ts
32.95148S
31.197.924
Charfty Iurbd•
23
1.151
641807
3I306,n7
1. 151
387.892
30.808,881
Unrestri¢thl furKIs
32.951485
31. 197,924
The Sdthf$ not knls for tho £1.754.561 (2022. £a74&798).
a¢%ounthig •TrJ preparalion ol finarthl sthments. Th8 finandal statements weT8 aFFoved and
Mrn C 08t•¢ Warrfner
Pag8 30

CONSQLfJATED STATEIIENf OF CASH FLOWS
FOR THE YEAR ENDED 31 JULY 2023
2023
2022
25
4.OW38 3.84&972
Dfvldonds and Interest from Investments
76.422
27.570
Purchase of laryible fixed assets
IC159.675) (1.419.915)
1900,000
(284.388)
N•t cash us•d In Inves¢lng •¢tl¥iU
1&983253> (1,670,133)
Ca•h flo￿ from fln•ncry aclivili
1500.00(+
1500,1)00) (￿0.000)
1147.764) (130.870)
N•t ¢a$h provld•d byl(us•d ln) Ilrbanckng a¢tlvl
1,852,236 {1,030m)
Ch•ng• In cash and ¢a8h aqthl•nts In th• y•w
Cash and rash gt the b•yrK*w d th•
I1￿5.779) 1.144969
1.731.719
586.750
C•8h and Gash •quhalents at end of th¢
6￿$40 1.731.119
Pag• 31

FOR THE YEAR ENDED 31 JULY 2023
Wales l¢lwity number. 3W781 was as a wr¥ate cornpany limitod by Ic¢mpany
number. (￿)1410761. Tho addross of its rng*lwod offico is Road. Headingion, Oxlord. OX3
OBL
A¢¢wThllng pollcl•s
¢￿￿n{Ing and by Chwili95: Sta￿￿rt of ReL¥Jn¥noTrdod Practi¢0 appTh¢ablp to d￿rIllaS
proparing &w)unts in aCrxYd￿ with Ihe F￿al￿1 Rwting standa￿ applicable In th8 UK
and Ropubuo rf Ir•land (FRS 1W2) 1offo¢llve 1 Jorw 20191. the FlrwK4al Rewung StaTrJard
apF4l¢ablo In th• LIK RetAth ol IrglarKI {FRS 102) aNI tho C<￿p￿t•S Act 2006.
HeadiTr3kn Schod Lhfr¥d LIMI￿ meets Ihe definrfim ol a publ￿ benefft entity Lmder FRS 102.
The C￿￿dId#t¢d Slalemtyit af Fin•xyal A¢*Mt*s (SOFA) and Corwlthled Balynce She•t
cuwIKl8t8 lh6 fmncial 81atements of the S¢hoc4 *MI sub8id¥9ry urthrt8king. Th¢ results of the
sthidk?ry am rThY￿lda￿ on a basis.
Tha S¢hrKA Iw lkn •Jvarrtago oltho exwiwtlon avallatrA8 to a qualfy•vJ ￿tity In FRS 102 from
21M)6 arKI ha5 rd tx•s¢nted its Slat&wrt of Fh¥r#ial A¢lr4itm in these firArn>al slaternents.
se￿ has cash to meet the SdKd'$ a5 Ilw f811 d￿. De5pIts thè
omergng inllaltrjnary wossures aThl optraional rebakniKJ caused by th8 mèrger vAth Rjp
strerothened by the ab￿ of ts DlraL#or8 to 0￿30[kI811￿j oporollcffis ￿t0 4¢es from
S￿1￿ rwmbws tsl >*ar5. 8 reS￿L Dirs¢iors wo rXNifid￿t that the
sch¢￿ rem￿n$ in a Str￿ ffinaM781 cap8tle ol any aljth1￿￿ stralegic stK)cks.
Pay 32

HEAD￿GTON SCHOOL OXFORD UlmTED
NOTES TO THE FINANCIAL STATE&ENTS
FOR THE YEAR ENDED 31 JULY 2023
¢(￿ntIng polkl•B (¢onlknu•d)
13 In¢•m•
the Sthool, Midude ¢Th￿IbUtIOnS rec¥￿ from RestritAed Funds for schola￿bIps and Bursaries.
Wh8re f88S 8r8 p*d in advar￿. th• is deforrod unlil the iemi to whl¢h it reknle8. Thesè
deleThed aM￿rtS are sho*n ¢)n tr* 84•Ke sheel T*ithin fmlittys: amounts fallirKJ *ilhin one
t)Onal￿$. legaci8s and other I￿75 of t10￿n￿ a￿￿nted for a$ orrfl entittom￿l
aiises. the amount be retiabty <pjanti￿ and the berwfii to ts sChtr￿ Is consid8Ted
proba￿0.
Donat1x￿ fry rfjslrKaed by th• of the don(￿￿ l*n to rgstrlclod fund$.
2A Exp•ndMur•
Chaiilable acbvrf5es - expenses are L*arged to the Slatement of financial ac*vllies on an ac¢ruals
b•si¥. Exponditiyg is fur￿*￿[ oilhof fy) a thcl cosl b¥s* or arp)ri￿
according to time sP￿L
SwKK)rt costs . tr)mwtye dire(* costs st￿. are all ¥ttrlbutable to the u>sts of
Red￿￿ancY ond tsmilnabcffj costs. rytyoclwr absoThJtety n8c*ss#ry an(1 gccount•d for on
an acuuals basis when ccrfnnkknnt to tgmiinale a post on th8 grounds of r8duTrj￿cY h•s t*on
2.5 Twtlon
Th• ts • r￿￿stern￿ c*wly. as Y& to lax exempt￿5 on •ll Its inc47me and
2.6 T￿lb￿ fix•d as#•ts *fid d•wclat
T•¥JltA8 assois are thlod * c4a 18ss d8prodth. 118ms a c05t b•knw £5.000 are not
Page 33

IIOTES TO THE FINANCIAL STATEMEPnS
FOR THE YEAR EPIDED 31 JULY 2023
2A T•glble fix•d a8•4ts •nd dIP￿1￿ (￿l￿1￿￿O￿l
4wuisibon at rates esfrmaw lo ¥Kit• off thew loss resldual bosed iffi ¢urrorrt mark81
prThs, ovw thelr expeded I￿￿. The rate5 used kn eslinate Ihese thves èr•:
Frnehold bJldtr4 ¢1￿
Sch(d¥ usel
teralions to prop
-S%&10%
.25%
2.7 Imitstmtrnts
losses arisirwJ on the revakmlion of tnveslm8nts are iTh*t8d or tharg8d to the Statement ol Financi81
Ilvities are app￿￿￿ fund a(£ordiThJ trj th8 'ownwship" of the und￿1
aswts.
in Ihe ￿aT of tho g*llhJss).
2J 8lock•
1101)*r*
111 Cash al barft •nd In hand
Cash at bank aThJ in hand Is rqwBS￿knJ bywh kn haThl •KI ¥lth finarKaal Ins¥￿1￿￿.
Pago 34

NOTES TO THE FI11￿4c1AL STATEMENTS
FOR THE YE*R ENDED 31 JULY 2023
2.12 Ro¢ognlllon •1 li4blMI•s
thè 0￿8{10n.
2.13 FwwKl¥l Inslrum•rts
anv)rf18ed cosl *ith thè exc*ptr￿ of in*slmèrts aTO hold at lar ¥alu•. Flnandal assgts hald at
amortised cost comwtse al bank harnl, lopthw tradg ond other dobtors. A Sp￿fiC
lslon is mado lor debts for vthlth rel¥￿r￿lIty is in d￿bt. Cash al bank and In hand Is defingd
as au cash held in ￿Stant a￿S bank a¢c*)unts and used as workir¥J eapital. Assets and liabilities
Id Di for4￿ currw tyanslaw to GBP at the balan1￿ sheet date al an appropriats year gnd
2.14 OpernthN l•aMs
Rentsls uThJer Iwratwy l&wes we dwged on a straNJht4ne basis over the lease te￿, even rf tho
payTh8nts ar8 not made cm such a b8si5. Bgnths rxeivod 3r￿ rnc4ivabl• a$ ￿ Inwitpm to sign an
op8ralYYd lea￿ 8r8 sirrAlwty sprthj ￿ a stsihtthe ba￿ ovw lease term.
2.15 P•nslons
Ttachlng •i*Y
conIrl￿trOnS to a 'money wrchase. s¢trthie support stsff. As it 1$ not posslbk to separatety
hI8￿fy the assets and ￿l￿tIeS of the Teachers. penSK￿ Sd￿ne. li is accounted for as If11 w*r¢ a
defmed contritrxrtion scheme LThler FRS 11r2. The s¢1￿$. contribulK%￿ ¢0 th• ￿hOMeS we charged
Ihe fIn8￿￿* statemwts as thtyacuue. For fiKlher Inf0m￿t￿ see note 29.
2.16 accourthg
2.17 Jolnt wnturn
The SclM)ol has a ￿ share in a en*. Headiryton and MCS Bu5 Partnerslop
Umlod. The recogn1￿ its Interest in the bnl venkne using the equlty method. FLYthpr
jnftffmatson Is w0￿ded in rv)19 31.
Pago 35

NOTES TO THE FINANC￿ STATEMEwrs
FOR THE YEAR ENDED 31 JULY 2023
In the applcalv)n d the ae4JXmtiry GovwNx5 we requirnd to make ILK*JeM￿1, &slknalo8. and
assump1Kir￿ atrAMrt the (xryry of assets ￿ I1￿beS Ihal ar• rnt readity apparent from other
Us•fvl •¢onomlc Ilv•s olt*tyllJl• ass•ts
econorntc Ilves 8Th1 rosKIug1 v81ues of tr* assets. Tr* aconomi¢ lives and T￿181 values ar•
asset5. See note 14 for fv canJw¥J ￿(￿￿1 tarylblg assets oThJ noie 16 *x ts useful IIv8s for
lThpalmwTht ofd•btorn
d•btors and hlstrtol oxp*t•n¢¢. S¢• note 18 frx lh• not ¢8￿n9 amount of debtors.
Income from donaoons •nd grn*s
Total
funds
2023
funds
2023
funds
2022
6.175 279
285,311
595.597
Totsl 2022
160.495
435,102
595.597
Page 36

IIOTES TO THE F•4ANCWL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
2022
23.117.n4 21,942591
11.307.614) (1, 194182J
F••s l••s dl8COWbts
21MI0.120 20,747,409
87AOO
108.488
21,897,520 20.855,897
2023
2022
1,033,5
991.451
19.097
108,284
62.500
33.445
Insuv4n¢• conmissi(¥
RegtstralK¥n fees
Aft8r Sthool carn
97.668
66,$58
43.Jn
1.243.156
1,214,ll7
Unrestrl¢tsd
funds
2023
Total
2022
212.032
206.180
44,028
27.040
435.665 435.665 462.240
T(ts12￿2
462.240
462.240
Page 37

NOTES TO THE FIMANCWL STATEMENTS
FOR ThE YE*A ENDED 31 JULY 2023
funds
funds
fvnds
2022
13.165
55.1
8.071
21236
54186
16.125
11,445
8AITI
27,570
Tolal 2022
19.5Ql
27.570
funds
Tolal
2022
11.792.666
3.965,7(KI
3.S66,740
2.253.666
21￿7 11.•1{$93 10,703.333
3J6171)0 3,844.155
3,516,740
2.849.001
2253M6 2.472.599
108.488
86.412
Wglfare o)sts
Support costs
87.4C
248,856
248,856
21.827.628
109.327 21.936.955 20.063.988
Totsl 2022
19.936.999
126.989 20.063.988
Page 38

SCHOOL OXFORD UMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDa) 31 JULY 2023
Sumrn￿ by exp•nthlure lyp•
Total
2023
2023
2023
2022
Teathing
Wdfare costs
10.518.548
1519.6
453.687
1.602.41
29&394 1.lyJ).651 11,814593 IQ703.3&3
1,446.001
3.964700
a844, 155
2.138,644
3.566.740
2,849,LWI
627.839
1251666 2.4TZ599
87.4fy)
87AOD
108.488
248,856
248156
86,412
974.409
333
Supporl costs
Granls. Ixlzes ￿¥d$
Gth*manrA costs
15.094.428 1293.136 5.549.391 21836,955 20.063.988
T(*812022
14.060.403 1.220.532 4.7&3.053 20.063.988
ExpÈfiditwè ￿ fUndwV￿ tr•Jry was also li relalion to staff Ca)sts of £232,312 120tr.
É346.744) WKI othef costs of £377.11r2 (2022: £251954).
2022
Fws payablg io the SctKxA's authi rflhe annual
28.590
24,8TO
Taxati￿ C$￿p113￿ sep
All rtTraLwJit sep•KYs not induded alxNe
1.07S
Pap 39

NOTES TO ThE FINM4CIAL STATEUEMTS
FOR THE YEAR ENDED 31 JULY 2023
11.
Gr￿￿
2tr22
2022
Wag•s aNI $010
Aal seuty costs
11109347 11.41a023 IIO51WS 11.263.201
1.304,626
1.219.155
1AM278
1.199,302
1.912.167
1.769.969
1,909.150
1.755,401
14326.740 14.407.14T 15,26(1.783 14.217.904
Gr•up
Gffjup
2022
No.
TeacthTrro sts
Olher dired stsff
Vlsitlffj teathern
150
144
98
othor
15
12
371
£60.CW was:
Group
Group
2022
In band £60.(X11- £70.W)
In Ihe band £70.C(11-£80.OCK)
In the £80.CX)1- £￿1.(￿￿}
In the band £￿¥,[￿*1-£I(￿>.(
In th? band E1fy).c￿jI- £110.0
In Ihfr band £120.￿l- £130.000
h thg barrfl £140,￿l- £19).1
Jn Ihe band £260,LKII . £270.(MXI
AggreW• renXm￿ti￿ berth of th• 6 (2￿..6) kay mwwmant pa￿r￿ totslad £1.trf2.801
16
P8ge 40

NOTES TO THE HPIWICIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
12.
I￿ring the yew ended 31 J(ty 2ff23. expenses ll258 ¥we rettnbu￿ed Qr p•d thecty to 6
13. Taxallon
2023
2022
C•rporntlon tsx
•t the standard rate fA c(ffporath￿ lax in the iJK of (2022. 19%).
Pag8 41

FOR THE YEAR ENDED 31 JULY 2023
14.
v•hl¢l•s.
uDd•r
Total
Cost orvaluatlon
At 1 Aigu5t 2022
45,700A75 4452￿36
182A92 $1.036.303
63.684 639.308 &456.683
6.159.675
11643501 P4W3)
(s13￿03)
1•3259
tXsposaL8
1103.259)
At 31 2023
4S702A68 4743.791
6235J16 SQ681175
At 1 Au9USt 2022
ch￿ ftir tho
10.701.469 IB46.309
897.944
395.196
151471)
PMN531
14.547,778
1293,136
14fj0.9241
At 31 July 2tr23
11.546.938
3m052
14439.990
Net book v•lue
At 31 2023
34,165J30 150,n9 S235￿16 41341185
At 31 J(ty 2022
34.999.406
6iK8.627
882.492 36.488.525
P•Jg 42

HEAD￿GTON SCHOOL OXFORD UMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
14. Tanglbl• lJx•d amets Icontlnwd)
IAolor
v•hkl
Fre•hold fixtur•s &
und•r
Cost orvalu•tlon
AI 1 A(VLssI 2022
44700M7S
4451J93
•81492 51.0x960
639.308 5AS6.685 6.159,67S
1165.350) 134W)
15110(13)
1033
1103.259)
A131 W2023
702J68 4741448
6235.916 56.680.832
O•prnclatlon
Al 1 A￿U$l 2022
ch￿ fortho >
On ijsptisals
10.701.1ffj 1•44986
897JlO
3941
151471) 1341.453)
14546.435
1,293.136
(400,924)
A 31 Juty 2023
11.546J38
U91.709
15,438.847
Net book v•lu•
At 31 Juty 2tr23
34.15SJ30
850.731
6.235.916 41242.185
At31 Juty2022
6￿621
882.492 36,488,525
Pty& 43

HE•£IIIIGTON SCHOOL OXFORD UMITEO
NOTES TO The FWIANCIAL STATEIIEiirs
FOR TrE YE￿ ENDED 31 JULY 2023
Group and School
Fr••hokl
propolty
.Va￿alI0n
900,1100
AI 31 W 2023
Lljted
Cosl Qf valu•tl¢Mb
At 1 Awt 2022
755.7J6
{16A70
At 31 Juty 2023
n9.286
book valu?
Al 31 Juty 2023
At 31 J￿Y 2022
755.756
mana￿ fo88 of£5.32512￿tt. £4X8) T*Wg dgduthj cash ￿ratsd In porfhlio.
Page 44

NOTES TO THE FIIIANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 21)23
In
b51dlary
Tot•1
Cost or ¥aluatlon
At 1 A￿ust 2022
755,756
116,470)
755.761
116,470)
At 31 ￿Y2023
739291
P4•t book valu•
At 31 ￿ly1}23
n9.286
7392•1
At 31 j￿￿￿)22
755.156
755,761
Class ol Moldlng
$h•rns
Includ￿ In
consolldatlon
1(1)% Yes
11YJ% Yes
He8dIng￿ sc1x￿A Inlemalional Limknd
Thè 11Th of Ser¥K*S Lknl￿j (rtythed coryany numbor 02677494).
Tho reg4stored address ¢1 Heathrtyn S¢trthl Sef¥k6s Llrrthj Is sm as th? Sthool's. He•Jlngton
SeThIc￿ Lwnited we¢kniinanlty prnvklos sFYxts faulitse5 to Ihe School. It covenants its laxoble
The Scknj m 11YYA ol He8dirW SdK￿l Limiled Iregislered cunpany number
11386971). Tr* rggithd •titress d He•5W Sd¥x4 Intematio￿ Umbto(1 1$ ts same a¥ the
Sthth)rs.
Page 45

NOTES TO ThE FINANCIAL STATEIAENTS
FOR THE YEAR ENDED 31 JULY 21)23
)m• Expondltsm pr0lltrf￿s1 N•t ass•ts
I Surplusl l(IlabllttSe8)
(D•fidtl for
th• y••r
161.183
114,372
{1.643)
Group
2023
School
2023
2022
2022
15.370
14974
14.565
Gvoup
S¢h•
2023
Scho
2022
Trade debttys
7¥975
427.902
587.617
37,704
426,243
114,032
20.741
396.838
20.741
J2.242
1949
19S408
957.854
T￿d8 dgbtrxs ￿ slthl aft8rwwtsK￿ for brprrn￿ of£104.72012WIt £6.5971.
Pap 46

NOTES TO THE FINANCIAL STATEMENTS
FOR ThE YEAR ENDED 31 JULY 2023
19. Crnthlovs: Amounts lal¥ng du• wlthln on•
Group
2•23
School
2023
2022
2022
Bwk lo*)s
5W.000 51X),LW SOO.000
955.767
69T.587
955.767
559,641
2M917
526,325
500,(KIO
697,587
287.801
Trade creditors
318.004
337.171
315,Q12
337.171
190.n6
236,188
190,786
236,188
1.307.633
832,438
1.262.227
782.993
1.634555 1,695,905 1.635.555 1,695.905
Ac¢ruals
467.386 4.588.206 5.386.097
4.537,645
fevolving ¢Je(fit faclty Ihe £5m lo￿. The ue(St f￿>￿ty available until 2028 and the
loan15 to bo fully repatd by FetXU￿y203l.
Group
2023
Scho
2022
2022
2023
8ank10ons
Oepogts held
OD&OOO 4.LK)5.(NXJ 400SMIO 4,IX)5,(
114,988
114,988
0￿000 4. 119.988
6.00S.QOO
4.119.988
Group
Gffjup S¢hool School
2022
2023
2022
B8nk to
500.000 ￿,(￿)0 500.000 500,OOQ
Bank lo￿&
1AOS.ODD 1.905.thXI 1.SO4000 1.905,000
Bank108n5
4000.•DO I.6￿.(￿ 4,IJOO,IJOO 1.600.000
Pagfr 47

NOTES TO THE FINANCIAL STATEIIENTS
FOR TrE YEAR ENDED 31 JULY 2023
Growp
School
2023
Scho
2022
Tr2
Fln•hcl•l
thwh Income a￿• 8xper#filurg
739206
T￿756 n9.280
T54756
Sh•r• ￿p1￿1
2022
lott•d. ¢•l•d up •nd pald
1.151 oT￿nary shar85 of £1 ea
1. 151
Tho sharns h8ve no light to divid￿ or to th• suryAus w. ClYres￿￿uty a I•￿)ndIa￿ of
P8ga 48

NOTES TO THE FINANCIAL STATEMEiirs
FOR THE YEAR ENDED 31 JULY 2023
23. St•t•m•nt of fund
Bal•ttc• at 1
Transf•rs Galnsl Bal•nc• at
ust 2022 In¢om• Ewndltyr• (Loss•s) 31 July 2023
funds
He&*ng
30.808m1 21867,350 Pi277¥71 I96￿7$
16J1n 4588.7116
136367 401625 (430,524)
114J68
H•adlng
Inlemalth81
11 J14)
Consolkjatlon
a4ustmonts
12743411
27(341
1,151
30￿,169 24,001,634 122M352•4
196,979
(6.91n 32.702.SB1
funds
Charl&*)le Tr￿1
Sc*olatship
izes
{8SOOO
14412
302.
35,804
9.487
(4228) 303M06
34131
4522
11350
6.153
Rth•ing
(1&000)
4051
14189)
Cr&￿1¥ty
Drama
Boathouse
15
15
117,n6
1117,736)
(50.000)
1.580
Hthidlng
Parents
116.6661
113.643)
387m 287.283
{111.34•1 1196.979)
362.628
Total ￿ hmd$ 31,334.061 24281917 122.yQ6241
111,145) 33.065309
Page 49

NOTES TO ThE F￿lANCIAL SYATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
21 Stalem•nt olfunds
£1.151 of share caimlal.
Ch•rll•trA• Twst
TNS represents fvnd$ from Mrss Celm kla￿h.S b8¢west to pr￿Je K*olarships for students of
Hoadln9ton SdKrf)l Oxf(wd Limlt&l. DJrir¥J tho i•ar. Ho•llngtyi SrJM)ol Oxford Lkntled General
Charltabb Trust, of Dt'roctrws *• T￿*t￿. mode dorotsjns to thg Schrd of £85.00012022'.
S¢holarnhlp
R¥)wlng
acb¥ities.
Phologr¥hy
Th• Dr•m• Furbd
Bo*hou$•
r￿￿r￿j dth.
H•adlngton PAr•nts Awelall¢)rt
This represorts funds ￿￿￿ted to supptyt tt*atre u1ix0¥*￿ at tr* sry1 8dKid and for 088lgn aNI
Ewlneerfwj w￿kIl￿9 at the SenK>r Sd￿￿1.
unr8stsi¢ted I￿1￿ th0$0 amtymts b8ing r4MtsI items.
Pag8 50

NOTES TO THE FI11￿1¢￿ STATEMENTS
FOR ThE YEAR EMDED 31 JULY 2023
Stsl•m•nt of Iwds (¢oThllnwd)
1A
Galn* 8818nce at
Inctwng wVfoulJ (Lossas) 31 July 2022
2021
Unr•strlctad
fvnds
28,CrfJS.rf41 21729.227 I20.2￿188)
268.0
(23.919) 30,&V881
Heathnglon
Sc*tr)I S•rvi¢o$
Umited
(2.688J
212.0>2
(n077J
136,261
HeadlnglThi
Intwnat*y￿I
miled
2￿.180
(206.31OJ
(130)
adwstrnents
Share capilal
(5.LWJ
1. 151
1. 151
2&094. 154 2114Z439 (20.534.555) 268.050
f23.919) 30.946,169
Pa90 51

14OTES TO THE FINAPICIAL STAT&lA￿s
FOR THE YEAR ENDEO 31 JULY 2023
St•t•m•nt of (conun
funds
Ch•rttabb Tr￿t
S(Marshl>
(88.(WJ
(21￿)
(530J
28.920
(13.Ml)
2.559
37.834
4.522
(1.6L
Leath
4.522
6.250
7.291
428
158
250
10.243
1119
16.071)
(1.&
Drama
158
216.450
r216.450)
(￿,(￿)
Fl¢8thgton
Pwents
(10.0
Mi5 EveThng
retrea( ts
(3￿)
354282
443,171
(129.131) (268.05CIJ
(11380)
38T,892
Total of funds
2a449.436 2458&610 (20,661686J
(37.299J 31.334,061
lunds
2023
Tangkn￿ fax￿1 a5s¢ts
41242.185
458.407
41342.185
n9.286
91>0.000
1.654124
14467.3
(6,004IXIO)
2￿.879
Investment prwty
Current assets
1.S74.375
(5.467.386)
16.005.(MM)}
81.749
TOL
32,702.581
.628 33.065,209
Pag8 52

NOTES TO THE FINANC￿L STATEMENTS
FOR THE YEAR EMDED 31 JULY 2023
24. An•lysl# ol n•t 8sg•1• b•tw•en fund• I¢orbtlnwl>
AThaly61s Of n•1 •ss•ts b•lw••n funth. prlor y•v
Tol81
funds
2022
fvnds
2022
funds
2ff22
36,488.525
468,538
2.697.3LX>
(4.588,206)
(4. 119,988)
36.488,525
755.756
2,797,974
(4,588,206)
(4,119,988)
287,218
I￿.674
Curmt assets
Creditors i*Jè Th4thkn
Creditors due in rnore than one s*ar
Tolal
30.946.169
387.892 31.334,061
broup
2022
2023
Nal Income Iho yw (as perStaknn•rt d Finwial Ad1¥411￿)
1.n1.148
2,884,625
Depreciabon chapjes
Gans cffi InveS1￿ts
1394136
1Q470
176.4221
112.ln
fl.412)
83,483
764.192
147,764
1.220,532
37.299
(27.57QJ
(6,600J
1.713
(272.248)
(122.649J
130,870
LO$￿(prOfit> on the sale of fLK8d assots
. (Incr8aseydowse in stocks
Decreasel{wve8sel In doblors
IrKre8sel{deuea8e) in (¥•JilNs
FknancMYJ costs
4.065238
1845,972
Pogo $3

NOTES TO THE FIIIANCW STATEMÈNTS
FOR THE YEAR ENDED 31 JULY 2023
Group
Gmup
2022
Cash at ba￿ In
1.731.719
Tolal aThl •qulv•l•rt•
1.731.719
AnaW$ of chang•s In n•1 d•bt
A11
¢ash
At 31 JUSY
2023
1.n1.719 11mS.77•1
soo.000
{4m5mD) KS00.IJO•)
664940
15110.000) 151JO.0110
500.000 110040
Debt dua *iltNn 1
Debt due alkn I ￿*r
12.m2811 (3.064779)
{5,839.060)
Group
2023
Group
2022
A¢wisibon oftangth fixed assets
237.168 5,SCV.I￿)
P•￿10Th c¢xnmltsrnnts
Th¢ Schcd participates in the read￿rn. Pens*￿ SO*￿￿￿ nho TPSJ fcrf rts stsff. Tho pensr
tharge for the year indLxles ccffltrtArtKm payth to the TPS 01£1.574.153 P022: £1.440.1051 and at the
£1fj6.1￿ (2022: £169.846)was •crA￿l n (wlgfaofu)ntth￿ th15 K**mo.
Ponsions Regufations 2010 (as •n8Tr18dl arh* The Teachws. Pons#M SCI￿ne R•aulakn 2014 {as
amondod>. MembgTS on a ￿Y as ￿ ￿. wilh C¥ntrib￿rOnS from mwnb•rs and the
pitrited by ParfSamonL
the Goverrnwnt Acluarl$ DepwbMIt. The recent arkngr41 valuakn of tho TPS w•s PTOP8r8d as 01
Page $4

IIOTES TO THE FIIIANCIIL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
P•n8lon ¢omrnllments l¢ry)tlnuodl
F￿￿￿1r￿J tr￿ McCl¢yJd iud9WTrt the reThdy propcsed that WI￿1 bengfits beco￿￿ payable, eligibl
rnembers can sd¢¢l to recer* them from •thw the refom*d ty ￿gaCY sthem&s for thg pemd 1 ￿.1
2015 to 31 March 2022. The *knies assumed ihat member5 are likely to dwse the optk)n that
provldes thern ¥&ilh the ￿ b￿￿ffts. arKI in wepariNJ the 2020 vthaiwi have valued the 'greater
vgk*' berth for grtwps of rel6varti
Tho ￿uatt￿ 0)nfiM￿ that c¥ntsO￿tsoft raio lor tho TPS w0￿d I￿reasO from 23.6% to
28.6% frc*n 1 ￿1 2W24. Emtw wo also (•yed *) pay a $d￿m9 a¢trthIstralk￿ b8¥y ol 0.08% g￿ng
a total wnpWcQntrit*Jl￿ of 2B.68%.
Stheme and amouni¢d to £338.71412021' £447.060).
At 31 J￿1 2023 tho G￿P SdMx￿ hgd r￿Mm￿￿Trts to make fthro minhTrum loase payments
2023
2022
2023
3022
N¢1 latsrlkn 1 year
Later th￿ 1 and rtot laier
Later 5
118281
46,948
31.506
118.288
82.796
2.101
46.948
31.&16
1101
203.185
78.454
203,185
78,454
31. Jolnt wntur•
The of the sh¥e capital of Headingkn MCS Bus Partnerslmp Limited Icornpany
number 145273121. whith was on 7 December 2022. The c4)rnpany did not ¢ommènce
trad￿￿ in tha )wr gThled 31 Juty 2023. The eiryany is I￿.n￿Y O*T*d wlth Magdth Cdage School
Oxfofd Llmited. and has been set ￿ to wo¥ide a netwtyk of 12 iws rtyjtes lo offer a hM)e to sdK
sokntion tr w￿lIS do nol have sullAL4fy w*ry. waiThJ and pul￿￿ knpcrft (ytbns avai18blè.

FOR THE YEAR ENOED 31 JULY 2•23
£36.665
{2022". £30.OCKII.
dotsil¢d in nots 16.
£188.729).
FoIhx￿r￿j th? •yYAn¢¢ment rm Iho 15 Sep ZJ that HeathThJt￿l Sdth Oxl)rd Ubymlwl Is *) mwgo V
Ryo Sl AJrtony SclKAJl Lwnltsd lo fomi Oxford Llffllted. the 5chDoI ha5 been wthing to
Department of Educalkn op[m￿ ts (*arye of 5xoprkntor ￿ tho 10 Othr 2023 and the Charlty
Commissbn apprry4ed ts ¢horse ObJ¢ct ¢)n 11Xh Nov8mt•r 2023. Fonnal I