## |Contents||||Page| |---|---|---|---|---| |Review by the Headmistress||||| |Council Members,
Officers and Advisors||||| |Annual
Report by the Council (including|||the Strategic Report)|| |Independent|Auditor's
Report|||14| |Consolidated|Statement ofFinancial|Activities||16| |Consolidated|and Charity Balance sheets|||17| |Consolidated|Statement ofCash flow|||| |Notes to the|Accounts|||19| ## ## ## ## ## ## ## ## ## ## ## ## ## |Remuneration
Com
mittees
durin
the|mittee (6)meet at least once ayear, and as and
ear as follows:|when necessary. Members ofCouncil serve|d on t| |---|---|---|---| |||5)|6)| |Mr Richard Ashb|||| |Mr Jerem
Baile|||| |Dame Sue Carr|||| |Professor Louise Fawcett|||| |Dr Caro Godlee|||| |Mr Simon Henderson|||| |Mr Patrick Lewis|||| |Mr David Lill cro|||| |Dr Jane MacDou|all||| |Mrs Diana Rose|||| |Lad
Sassoon|||| |Mr Patrick Sherrin|on||| |The Rt Revd Dr Alan Wilson|||| |Mr Peter Warren|||| |Mr Richard Winter|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Energy consumption|used to calculate emissions
(kWh);|used to calculate emissions
(kWh);|all mandatory|all mandatory|energy sources are|included.|9,435,420.4| |---|---|---|---|---|---|---|---| |Scope I:Emissions|from the combustion ofnatural
gas|tCOze|||||949.4| |Scope I:Emissions|from combustion offuel for transport||and|/ or heating tCOze|||517.0| |(see evidence pack|for breakdown)||||||| |Scope I:Emissions|ofBiomass Pellets tCOze||||||0.0| |Scope 3:Emissions|from business
travel
in employee-owned|||vehicles,|where the company|repaid mileage|| |claims tCOze (average vehicle
/ fuel source unknown)|||||||| |Scope 2:Emissions|from purchased
electricity tCOze||||||521.6| |Total gross COze based on above (tCOze)|||||||1,991.5| |Intensity
Ratio I:|kg COze gross based on mandatory|fields above per|||pupil during 2019-20.||3.13tCOze| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |For the Year End|ed 31||A|ugust 2020|||||| |---|---|---|---|---|---|---|---|---|---| |||||||Unrestricted|Restricted|Total|Total| |||||||funds|funds|funds|funds| ||||||Note|2020|2020|2020|2019| |||||||6000|5000|f000|f000| |Income;|||||||||| |Donanons|||||||276|276|2,332| |Income fiom charaabie||acnviiirsi|||||||| |School fees||||||23,825||23,825|24,445| |Incomeftam
other|iradmg|||acnviries:|||||| |Tradmg activities||||||2,202||2,202|1,454| |Income from investments|||received||||301|301|291| |Interest received||||||23||23|4| |Other mcomr||||||756||756|12| |Totslincome||||||26 806|577|27 383|28 538| |Expenditure:|||||||||| |Costs ofraising funds:|||||||||| |Tradmg activities||||||435||435|515| |Fundraising
expenditure||||||166||166|236| |Investment
management|||costs|||27||27|24| |||||||628||628|775| |Expenditure
on charitable||||activities|||||| |School expenditure|||||6|21,616|27|21 643|22 926| |Total expenditure||||||22,244|27|22,271|23,701| |Net income before gains|||and losses on investments|||4,562|550|5,112|4,837| |Net (losses))gams|on mvestments|||||(34)|275|241|86| |Net income before trsnst'ers||||||4,528|825|5,353|4,923| |Transfers between|funds||||10|451|(451)||| |Net movement
ia|funds|||||4,979|374|5,353|4,923| |Reconciliation
of|fuods:||||||||| |Total funds brought
forward||||||46,540|11,241|57,781|52,858| |Total funds carried forward||||||51519|11615|63 134|57 781| ## ||||||Group||School|| |---|---|---|---|---|---|---|---|---| ||||||2020|2019|2020|2019| |||||Note|f000|f000|f000|f000| |Fixed assets||||||||| |Tangible assets||||11|46,518|48,220|46,515|48,216| |Investments||||12|12,239|11,919|4,331|4,354| ||||||58 757|60,139|50 846|52 570| |Current
assets||||||||| |Stocks|||||140|146|26|37| |Debtors||||13|691|1,000|2,610|1,672| |Cash at bank||and in|hand||13,671|7,808|11,557|7,024| ||||||14,502|8,954|14,193|8,733| |Creditors:|amounts||falling due within one year|14|6 361|(7,282)|6308|7,244)| |Net current||assets|||8,141|1,672|7,885|1,489| |Total assets||less current liabilities|||66,898|61,811|58,731|54,059| |Creditors:|amounts||falling due after more than one year|15|(3,764)|(4,030)|(3,764)|(4,030)| |Pension scheme (Deficit)/Surplus||||21||||| |Net assets||||17|63,134|57,781|54,967|50,029| |Charity
Funds||||||||| |Called up share capital||||16||||| |Restricted funds||||18|11,615|11,241|3,448|3,789| |Unrestricted||funds||18|51519|46,540|51519|46,240| |Total funds|||||63,134|57,781|54,967|50,029| |he Girls' Education
Company
Limit
onsolidated
Statement ofCash Flow
or the Year Ended 31August 2020|ed||||| |---|---|---|---|---|---| |||||2020|20)9| |||Note|||| |Cash flows from operating
activities|||||| |Net cash generated
from operating
activities|||19|6 665|7,405| |Cash flows from investing
activities:|||||| |Investment
mcome receipts||||324|295| |Purchase oftangible
tixed assets||||(338)|(2,849)| |Receipts from sale oftangible
fixed assets||||65|)28| |Payments
to acquire
investments||||79|707| |Net cash used in investiag
activities||||(ze)|(3,)33)| |Cash flows from tinancing
activities:|||||| |Repayment
ofborrowmgs|||||(4)9)| |Net payments
out ofthe Composition|Fee Fund|||(789)|(498)| |Investment
management
charges||||(27)|(24)| |Other receipts||||42|37| |Net cash used in financing
activities||||(774)|(904)| |Change
in cash and cash equivalents|in the year|||5,863|3,368| |||||7,808|4,440| |Cash and cash equivalents
brought
forward|||||| |Total Cash and cash equivalents
at|the cnd ofthe year|20||)3,67)|7,808| ## ## ## ## ## ## |Unrestricted|Restricted|Total|Total| |---|---|---|---| |funds|funds|funds|funds| |2020|2020|2020|2019| |8000|8000|8000|5000| ||276|276|2332| ## |Income fro|m|charitable
activities||||| |---|---|---|---|---|---|---| ||||Ilnrestricted|Restricted|Total|Total| ||||funds|funds|fuads|funds| ||||2020|2020|2020|2019| ||||8000|0000|8000|5000| |Gross fee income|||23,356||23,356|23,892| |Less: bursaries||and scholarships|(1,074)||(1,074)|(1,049)| ||||22,282||22,282|22,843| |Fees for extra||subjects|1,338||1,338|1,417| |Registration|fees and insurance||205||205|185| ||||23 825||23 825|24 445| ## ## |Income from other trading activities||||| |---|---|---|---|---| ||Unrestricted|Restricted|Total|Total| ||funds|funds|funds|funds| ||2020|2020|2020|2019| ||0000|f000|f.000|f000| |||||Restated| |Licence fees receivable for overseas schools|1,863||1,863|678| |Sales ofgoods and services|242||242|410| |Rent and use ofschool faciliites|97||97|36'6| ||2202||2 202|1 454| ||||||||Unrestricted|Total|Total| |---|---|---|---|---|---|---|---|---|---| ||||||||funds|funds|funds| ||||||||2020|2020|2019| ||||||||8000|0000|f.000| |Receipts|from|the|Coronavirus|Job|Retention|Scheme|657|657|| |Other|||||||99|99|12| ||||||||756|756|12| |6|Analysis oftotal expenditure|Analysis oftotal expenditure|||||| |---|---|---|---|---|---|---|---| ||||Staff costs|Oepreciation|On er|Total|Fvlv/| ||||2020|2020|2020|2020|2019| ||||f000|6000|5000|5000|f000| ||||||||/teria/cd| ||Costs ofraising funds:||||||| ||Trading expenditure||||435|435|315| ||Fundraising|expenditure|86||80|166|236| ||Investment|management|||27|27|24| ||||86||542|628|775| ||Charitable|aclivitimi|||||| ||Teaching||9,281|306|928|10,515|/0,311| ||Welfare||1,904||2,645|4,549|3,293| ||Plelnlscs||885|1,478|1,750|4,113|4330| ||Finance costs||||7|7|8| ||Support costs||1,499|191|739|2,429|2.746| ||Governance|costs|||30|30|36| ||||13,569|1,975|6,099|21,643|21,9/6| ||Total Expenditure||13,655|I 975|6,641|22 271|23 701| |||||I/nrestricted|gastric'tcd|Total|fviv/| |---|---|---|---|---|---|---|---| |||||fuads|funds|funds|filar(l| |||||2020|2020|2020|2019| |||||f000|f000|6000|1000| |Auditofs|remuneration|-statutory|audit|30||30|35| |Auditors'|remuneration|-non audit|services||||I| |||||30||30|| |Staffcosts|||||||| |Staffcosts were as follows|||||||| |||||||2020|2019| |||||||5000|(000| |Wages and satanas||||||10,922|//, 097| |Somal security costs||||||1,037|1.073| |Pension|costs|||||I 696|/.287| |||||||13655|/3 437| ## ||||||2020|20/9| |---|---|---|---|---|---|---| ||||||No.|No.| |Teaching staff|||||112|111| |Academic
support|||||113|114| |Administration|||||43|45| |Pastoral|||||36|43| |Domestics|||||70|69| |Estates|||||30|35| ||||||404|417| |The number ofemployees||earning|over f60,000 was:|||| ||||||2020|20/9| ||||||No.|No.| |In the band f60,001|- f70,000||||19|14| |In the band f70,001|- $80,000||||2|5| |In the band f80,001|- f90,000||||3|3| |In the band f90,001|-f100,000||||I|I| |In the band f.180,001 - 6190,000|||||I|| |In the band f220,001 - %230,000||||||| ||||||2020|20/9| ||||||5000|%000| |Aggregate
employee|remuneration||ofkey management|personnel|1,222|/,222| |Number ofemployees|||||11|//| ## |||||Unrestricted|Restricted|Total| |---|---|---|---|---|---|---| |||||funds|funds|funds| |||||2020|2020|2020| |||||f000|5000|5000| |Transfer|from Prize Funds|||251|(251)|| |Payments|from Bursary Capital|Fund||16|(16)|| |Donations|transferred
to Development||Fund|(163)|163|| |Payments|from Clarence Library|Donations||19|(19)|| |Transfer|to Boarding Houses|||148|(148)|| |Bursaries|funded
from Wycombe|Abbey School Foundation||180|180|| |||||451|(451)|| |Tangible fixed assets|- School a|nd Croup||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||Freehold
b|land dt
tidings|School
F rniture,
equip
ent
and facilities||Computer
P|Motor vehicles
and ga den
machinery|Assets «nde
construction|School
Total|Subsidsry
Furnit
re,
equipment
and facilities||Group
Total| ||||4000||5000|5000|||||8000|8000| |C||||||||||||| |At I Septa
ber 2019|||55,253||6,736|1,751|478|60|64,278||24|64,302| |Additions|||9||47|237|45||338|||338| |Disposais|||||||(5)|(60)|(65)|||(65)| |At 3I Auyist 2020|||SSB62||6,783|1,988|518||64,551||24|64,575| |Depreciatio||||||||||||| |At
I September 2019
Charge for the yee|||11,211
1,131||3,161
615|1,344
191|346
37||16,062
1,974||20
I|16,082
1,975| |On disposals||||||||||||| |At31 August2020|||12
42||3776|I 535|383||18036||21|18057| |Net book value||||||||||||| |At 31 August 2020|||42,920||3,007|453|135||46,515||3|46,518| |At 3I August 2019|||44.042||3575|407|132|60|48 216||4|48220| ||||||||||||2020|2019| ||||||||||||6000|5000| |F eehold land and buddings'||||||||||||| |Valuah on by AC Frost
Addihons
at cost|and Co|||||||||757
54,624||757
54614| |Less disposals to date|||||||||||(128)|(128)| |Total cost offreehold|land and|||||||||||58253| |buildinas||||||||||||| |he Y|ear Eaded 31August 2020|(C|on|tiaued)|||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |12|Investmeats||||||Group|||School|| ||||||||2020||2019|2020|2019| ||||||||5000||5000|5000|5000| ||At I September 2019||||||11,919||/1, 126|4,354|3,849| ||Additions
at cost|||||||79|707|81|589| ||Disposal proceeds||||||||||| ||Movement
m market value||||||241|||104|| ||At 31 August 2020||||||12239||JJ9(9|4331|4354| ||The following
each represented|||more than 5%oflhe market value ofinvestments||||held|||| ||||||||Group|||School|| ||||||||2020||2019|2020|2019| ||||||||5000||9000|5000|6000| ||Cazenove Charity Multi Asset|||Fund|||2,108||1,653|2,108|1,653| ||COIF Chanty Global Equity||Fund||||1,907||1,727||| ||COIF Chanty
Investment|Fund|||||2,699||2,640||| ||Rathbones
Unit Trust - Core||Investment||Fund for Charities||3302||3,164||| ||The Company
holds unlisted||shares m subsidary|||compames:|||||| |||||||||||2020 and 2019|| |||||||||||Retained profit|| |||||||||||forthe year ager|| ||||||||||Share Capital|gift aid donations|| ||||||||||and reserves|to the Chauty|Total| ||Wycombe
Abbey Services|Limited|||||||||| ||Wycombe
Abbey Developments|||Limited|||||||| ||Wycombe
Abbey International|||Limited|||||||| ||Wycombe Abbey Pension|Trustees Limited|||||||||| |||||||||||2020|2019| |||||||||||5000|5000| ||Wycombe Abbey School Foundation||||||||||| ||Total funds brought
forward|||||||||7,744|7,418| ||Net movement
m funds|||||||||353|326| ||Total funds carried forward|||||||||8,097|7,744| |||||||||||2020|2019| |||||||||||5000|f000| ||Wycombe Abbey Hong Kong Foundation||||||||||| ||Total funds brought
forward||||||||||| ||Net movement
in funds|||||||||50|| ||Total funds carried forward|||||||||50|| ## |Debtors||||||| |---|---|---|---|---|---|---| ||||Group||School|| ||||2020|2019|2020|2019| ||||%000|f000|f000|%000| |Trade debtors|||282|793|2'll|680| |Amounts
owed by subsidiaries|||||1,933|785| |Other debtors|||317|i08|314|i08| |Prepayments|||92|99|92|99| ||||691|I 000|2610|i,672| |Creditors: Amounts|falling due within one year|||||| ||||Group||School|| ||||2020|2019|2020|2019| ||||6000|f000|f000|6000| |Fees in advance|||2,380|3,111|2,380|3,111| |Amounts
owed to subsidiaries|||||35|| |Composition
fee fund|||566|594|566|594| |Fee deposits held against||final bills|379|405|379|405| |Trade creditors|||443|271|433|251| |Other taxation and social||security|271|284|266|271| |Other creditors|||1,919|2,119|1,863|2,125| |Accruals
and deferred|income||403|498|386|487| ||||6361|7282|6308|7244| |Creditors: Amounts|falling due after more than one year|||||| ||||Group||School|| ||||2020|2019|2020|2019| ||||f000|f000|f000|f000| |Fee deposits held against||final bills|2,898|2,403|2,898|2,403| |Composition
Fee Fund|||866|1,627|866|1,627| ||||3764|4030|3764|4030| |Composition
Fees Fund.||||||| ||||||Group and School|| |Assuming
pupils remain||in the School, advance fees will|||2020|2019| |be applied as follows:|||||6000|f000| |Due within one year|||||566|594| |Within one to two years|||||508|636| |Within two to five years|||||131|698| |After five years|||||227|293| ||||||1 432|2 221| ## ## |||||||||||||||||||||||||||2020||2019f| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||Allotted, called||up and fully paid 12(2019|||16)ordmary|||shares of50p each|||||||||||||||||||| ||The shares carry||one vote each||The shares|carry neither|||nghts to||dividends||||nor to|||parlimpate||in an|surplus||in|the event ofthe company|||bemg ivound|up| |17|Analysis ofaet||assets between||funds|||||||||||||||||||||||| |||||||||||||||||||Unrestricted|||||Restricted|||Total||To/a/| |||||||||||||||||||||funds|||||funds|funds||(ands| |||||||||||||||||||||2020|||||2020|2020||20/9| |||||||||||||||||||||5000|||||5000|5000||5000| ||Tangible fixed assets|||||||||||||||||||46,518||||||46,518|/8.220|| ||Investments|||||||||||||||||||624|||||11,615|12,239|//. 9)9|| ||Current assets|||||||||||||||||||14,502||||||14,502||8,974| ||Creditors due|nothm||one year|||||||||||||||(6,361)|||||||(6/61)|(7,282)|| ||Creditors due|in|more than one||year||||||||||||||(3,764)|||||||(3,764)|(4030)|| |||||||||||||||||||||51a19|||||11615|63 134|5778/|| |||||||||||||||||||Unrestricted|||||Restricted|||Total||Toiv/| |||||||||||||||||||||funds|||||funds|funds|funds|| |||||||||||||||||||||2019|||||2019|2019||/OM| |||||||||||||||||||||5000|||||5000|f000||5000| ||Tangible
fixed assets|||||||||||||||||||48,220||||||48,220|/7,367|| ||Investments|||||||||||||||||||678||||11,241||11,919|I/. /26|| ||Current assets|||||||||||||||||||8,954||||||8,954||5.3/6| ||Creditors due|withm||one year|||||||||||||||(7,282)|||||||(7,282)|(6.975)|| ||Creditors due|in|more than one||year||||||||||||||(4,030)|||||||(4,030)|(4006)|| |||||||||||||||||||||46540||||11241||57781|52.858|| |18|Summary
of|funds||||||||||||||||||||||||||| |||||||||Brought
Forivsrd
f000|||||lacome
f000|||||Expenditure
5000||||Investment
gains/(losses)
f000||||Transfers
in/(out)
f000|Carried
Forward
5000|| ||Uarestricted|funds:||||||||||||||||||||||||||| ||Ordmaiy
school||funds|||||46||540|||26||806||||22 244||||||34|451|51519|| |||||||||46||540|||26||806||||22 244||||||34|451|51519|| ||Restricted funds:|||||||||||||||||||||||||||| ||Pnze funds||||||||1,779||||||128||||||||||(67)|(251)||1,589| ||Bursary Capital||Fund|||||||689||||||I||||||||||(16)||674| ||Development|Fund||||||||175||||||20||||||||||163||358| ||Clarence Library|||||||||||||||19||||||||||(19)||| ||Boardmg houses||||||||||||||148|||||||||||(148)||| ||Big School|||||||||854||||||||||(27)||||||||827| ||Hong Kong Bursary|||Fund||||||||||||50||||||||||||50| ||Hammy
Fniirl||||||||7|744|||||211||||||||||342|180||8117| |||||||||11||241|||||577|||||27|||||275|451|11615|| ||Total unrestncted||and restncted||funds|||57||781|||27||383||||22
71||||||241||63 134|| ||Prirpo see uf/heysrtdv|||||||||||||||||||||||||||| ||Pend|||||Per ose||||||||||||||||||||||| ||Ordmary
school||funds|||maintamed||||by Members of||||Council||||to I)|operate the||day to||day||activtties ofthe School, 2)to act as a|||| |||||||contm||enc||fund and 3 to||||finance||||future|develo
ments|||||||||| ||Pnze funds|||||to|reside|||scholars)a||sfrom|||s|emfic benefactors||||||||||||| ||Bura
Ca ital Fund|||||to|reside|||bursanes||from|s||mfic||benefactors|||||||||||| ||Develo
ment Fund|||||restncted|||donations|||ansm||from a||||eels earmarked|||for|s emfic|||ses|||| ||Clarence Libr|||||to refurbish||||the Clarence|||libr|||||||||||||||| ||Boardin
houses|||||reslncted|||donations|||for the||buildin||||ofPitt and Rubens||||boardin|||houses|||| ||Bi
School|||||restricted|||donations|||for tbe||refurbishment|||||of|Bi
School||||||||| ||Hon
Kon
Bura|||Fund||restncted|||donations|||for buildm|||||ro ects|||||||||||| ||Bursa
Fund|||||toex||sndtheo|||rtunitiestosllow|||||||u dstobenefitfromaW|||||||combeAbbe|education||| ## |A calculation ofthe 1966Scheme|habilities|was perfotmtxl|as at 31 August 2020|in accordance with|in accordance with|Financial|Reporting
Standard|FRS| |---|---|---|---|---|---|---|---|---| |102 The FRS 102 balance sheet position as||at 31 August 2020 showed a surplus||in the|Scheme off)43,000(2019 f257,000)|||| ||||||||At 31|At 31| ||||||||August|August| ||||||||2020|2019| |Pmncipo/
aciunnni
ossimrpnons||||||||| |Discount rate|||||||1.6'/|I 7%| |Retail pnce mflation (RPI)|||||||3.1%|3 3%| |Consumer
price mfiation (CPI)|||||||2.0%|3 2%| |Pension increases - RPI maximum|||||||3.0%|3 1%| |Deferred
pension
revaluation
(CPI|5%cap)||||||2.0o/|2 2%| |The current mortality
assumptions|include sufficient allowance for future improvements||||in mortahty|rates||| |The assumed
hfe expectations
are||||||||| |||||||||||At 31|At 31| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||August|August| |||||||||||2020|2019| |For a male aged|65 now|||||||||20.2|202| |At 65 for a male|aged||45 now|||||||21.3|21 3| |For a female aged 65|||now|||||||22.2|22 I| |At 65 for a female member||||aged 45 now||||||23.4|23.4| ||||||||Assets at|||Assets at 31|| ||||||||31 August|||August|| |Scheme orseis.|||||||2020|||2019|| ||||||||6000|||6000|| |Equities (mcludmg
property)|||||||1,772|81%||2,006|85%| |Bonds|||||||259|12%||265|11%| |Cash|||||||148|7%||102|4'/| ||||||||2,179|||2,373|| |||||||||||A131|At 31| |||||||||||August|August| |Ner defmed brnefii asset:||||||||||2020|2019| |Fair value ofScheme||assets||||||||2,179|2,373| |Value offunded|obhgations||||||||||| |Surplus||||||||||143|257| |In hne with paragraph|||28.22 ofFRS 102the||net pension|asset has been restricted|on the basis ofuncertainties||over the future||| |recovery ofthis asset|||The net pension asset||recognised|on the balance sheet is therefore fnil (2019:fntl)|||||| |Amounts
recognised||m rhr||rrorerneni offinancial ocoviiies||||||2020|2019| |||||||||||6000|f000| |Net mterest expense|||||||||||| |Past service cost|||||||||||| |Asset return
less|mterest mcome recogmsed||||m PILL||||||| |Expenence gams|on|benefit||obhgations|||||||| |Effect ofassumptions|||changes on benefit obligation||||||||| |Restnction ofasset|||||||||||| |Total included
m employer||||expenses|||||||| |Analysis ofrhe change|||rn the defined benefit||obligation|||||2020|2019| |||||||||||6000|6000| |Dpemng
defined|benefit obligation|||||||||2,116|1,959| |Interest cost||||||||||35|50| |Actuanal
losses/|(gams)|||||||||(17)|211| |Past service cost|||||||||||| |Benefits paid|||||||||||| |Closing defined benefit obhgation||||||||||2 036|2 116| ## |21|Pension commitments|Pension commitments|(continued)||| |---|---|---|---|---|---| ||Analysts ofthe change||m thefatr value afSchetne assets|2020|2019| |||||0000|6000| ||Opening
fair value|ofScheme assets||2373|2,403| ||Interest mcome|||40|63| ||Actuarial(losses)l|gains||(136)|(69)| ||Contnbutions||||| ||Benefits paid|||98|104)| ||Closing fair value|ofScheme assets||2,179|2,373| ||The asset losses are the||actual asset return over the year of6136,000 (2019 669,000 losses) less the mterest income||of640,000| ||(2019:663,000).||||| |The employer
made no contributions
for
Actuary (2019 fnil)|The employer
made no contributions
for
Actuary (2019 fnil)|this|defined|be|nefit pension|scheme m the year to 31 August 2020 a|s advised b|y the| |---|---|---|---|---|---|---|---|---| |History ofexpemence
gains and losses||||||||| |The following
percentages|show the actuarial||gaml(loss)||components|as a percentge ofthe end of year asset||| |or liabihty,
as appropriate|for the requirements||ofFRSI||02.|||| ||||||||2020|2019| |Difference between
the actual and expected return on||||assets (f000's)|||136|69| |As %ofScheme assets|||||||6%|3o/o| |Expenence gams/(losses)|on obligations|(6000's)|||||9|(14)| |As %ofobligations|||||||0.4%|-0.7%| |Total amount
recognised|m the statement|offinancial||activities (6000's)||||| |As%ofobligations|||||||Oo/o|0'/| ##