QUEENSWOOD SCHOOL LIMITED
Company Registration No. 40561
Chariry Regi5ttation No. 3110fAI
ANNUAL REPORT
AND
FINANCIAL STATEMETr¥rs
FOR THE YEAR ENDED
31ST AUGUST 2022
•A(4P660Z*
3110512023
COMPANIES HOUSE
A12
#6

Quttnsw<yxl Sch￿7 Limited
Annu21 Rey>rt of the Governors
For the year ended 315T Awt 2022
RepoTf ofihc Go¥ew*J
l-14
Aukni Rel
Cnn￿￿1￿li￿d ststcmL￿rQr FIrt•nU￿ A(El￿
19
CDnwWat¢d B￿an￿ Sheet
Bthcesheei
21
con￿bdi￿ Cathlknw
22
NL¥iU fv thL. F1¢w)￿ &/trmL-lltS
2>59

QUEENSWOOD SCHOOL LIMITED
ANNUAL REPORT OF THE GOVERNORS
for the year ended 31 A￿E￿$t 2022
GOVE11Tr40RS AND CMhAITY TRUSTEES
QllttnJwood GovtrrMx5 irc thc Ch￿￿ty Schts4 Llmired fthe Ch#firy') and thry
Mr H J de Sausm*ra BA FCIS Ichgirfj
Mr T C Girnham Bsc (Vicc Chzirl
Mr R Bainc5 BS(. CIMA. CErt8. hlICE
M*s ko Bclshxw (Noth1n%td by tht Old Queoiswrtsjiins AssoU￿10￿)
Th& Rcvd Dr D hl Charmgn Bsc. Mil. hfPHIL PHD
Mr R S G4rw(x)d BA ￿ONI. Dip IMRS (Apwntcd 2ith Jurt 2W24
DT O hlcGuiNnc55 BSC. MB BS, FRCP. tKH, DRCOG
Mr S IM0rri5.MA. PGLE. NPQH
Mrs C Nuimyn Bk. Clli fi
Mrs N Pconi ¢Norni￿t¢d bs thc (￿cc￿5￿￿￿t A5￿￿￿tI￿]I
Mf J Phd3n BA IHONSI. MA (EDI. PGCE
Mr A D Popplctots BEn> CE￿ FIET, FBSC
Thc Hunuurlblr N Stsmp BA. CA
Thc ftcvd T s￿ndcll rcA IrCtin￿ 31 Dry¢mkr
M¢5 P hl Wrinch
ttted member% 9Te *winted by ihe PAMrd on rec0rnr[￿a[IOn of th¢ Chwr Vice Chwr 2nd they
art. supplLThcnicd by G(w¢rnyrs AyminJT¢d bj. thc P￿rd vf Mznwnt fuf Mcth(xli5t 1ndt￿ndL￿t
sch￿15 Tru54 thc Itcthod>5t Church. thc QuccnSwoLd Partnts AssotiaWffi (pirent IKyJil and the Old
Qutcnswoodians A$￿￿1￿ti(￿l IForn*t pupils). Oltr￿t ihan the nominatrd GoYemLWS who hold uffKe for
s Irjng as tlw nomin*icd, s¢rricc 00 th¢ Boud is frtt Atj iniUJ] prrirtd of thrtt )rgry. Ai thc cnd of
an eleci<d G￿-ernOr'S fir5r rerm ofoffice. he or she shll bE clwi* for re-r1￿)0￿ by 01￿[ Goktmors
for i funher tcrrn of thrcc TrKzr$. Th 5arnt th3U 3pph7 at thc trd of the £k£￿d Goi"ernOr'S Sctottd and
thir(I IctTn% of Dfficc. Thc Chair. whD IS Subirct (ts anr)ual Trthu¢M) by thc &)Ard, may r¢m*in
Govtmoi For longer than )iats.
Abbr¢vMicd for thc olrrcnt rncmlxr5 of tht G0ven￿￿ B(d)" Jte..
H JAMES DE SAUShqAREZ B& FCIS
tlirtcltsr and Head uf Inves￿en1 Janus Hender5t)n Inivt¢JT5 frum 2W>21 HE 15 3 ￿aduaTE uf
ds U¢uvcrsiTr and ongtJ>Jiv LNiDcd Is 4 Chiricrol SccrDo'. Hc 15 a rncrnEKr ofthc Si Paul'5 CxthcdrAI
Cvunal, wh¢Tc h¢ slts tllrmb¢r thyr and Risk Cvmmitrc. and a
mcmbcr ofthc [￿ndOn Oi(Kcst Non-PrOFW I￿VeSt￿￿t Ad*sory Group *fid IS a lo¢rner Commort
G)yffcilTn3n on thc City OE t￿r)don CoTpJTrtti>n. Jzmcs is ScniDI Wxdcn OF thr Ivorshipful Cvmp*ffl¥ of
Charttrcd Sccrcrarrts xttd AdmifuSUXlO(s. a Pisi M*sKt of the Wo¢thipfia Conpan). of Joincn and
Ctilrr5. 4nd x FDrmcr of Bisknp StopFotd's kh￿. EDfirld. Hi5 da￿[￿ J5 #0 Old
Qutcn$wwdian hL. has t￿7 # Ch4pcl TtUSLce 2W7 #rMJ is now C￿lT of thii TnL$L blcctcd •
G￿C¢not of QU[tn5wu￿ in 2011. h¢ the FinatKt CommitTet from 2012.￿)19 ckctrd
Ch*r of GDvernoK5 itl ￿]9.
With ovtr 30 yczi%' cX￿￿￿n(C m ihc iThluSiry, Trn IS tkvthpmeni DI￿10t ofTru5r Rt*J
tJrrrited. resFKJrtSibk Ior ihe comp¥4'5 kn.doptnetLr prwmc. Havtiig btcn wih thc comp￿￿ for 17
ycits. Tiift Stepped down as p)ini Chiel Eyecuove of.IlirherrA Ljmiied whith yci¥115cd in Londun ot'fice5.
mix¢d use and high end resiJcnriil He was forrntAy Ilanwng Dircctor of thc Houst
Gr(M2p whETC he resEthsiblc For tht Uk dtvel(yntnt pr(yamme. Including a number of
Major London dtvtk>wts. In W2l. hE C1￿￿P1cLcd tht maximum icrm ol olfi(c un&r Public
Apwnryncnts is thE ktsior lNic￿MI¢￿t Non-E￿￿*t Dlrtctrpf and of the R¢rnun¢rtoon and
N¢xninauon Comrnittccs ol London Ind Contincntsl R￿1￿&15. Ht is a Truslre ofTht Gxrrltd Famih.
Foundation. a livcwan oFThc Worthipfvl Complry of F*rricrs 9nd A Mcmbcr of fTuards nub.
M2rria thtre childrcn. OF whorn are Oh4QU¢cn5wy>￿ianS. Elect¢d g Governor
of Queenswod in June 201? he is Wjcc Chai* of Gov¢moJS ￿bd Ch¥iTof the Facibu¢s

QUEENSWOOD SCHOOL LIMITED
ANNUAL REPORT OF THE G0VEB￿0Rs
for the ytar ended 31 Augusi 2022
RALPH BAINES Bk CIMA. CE￿. MICE
A £onsdTancy cittcr covcting ZO v(#tS ￿th con￿1￿￿8 •nd PtiCOkMiCthwscCooF￿s rKbw
ru¢k4 hi5 own bu51nes5 iutbsultancy comwny in 5upwrtithg cJienL4 to dtlivu chaw ind
improvcmcni prioriw. ￿ph ha5 cxwcac¢ in ￿b)i( ￿v3[¢ stCtr>ts icrO&* J zjty OE
il)d￿%￿C4. Married wilh 4 S¢Jn ifKi two dzU¥h￿rn. Ixxh OÉ which Old Queensw(￿lan5 E]ecTed a
Govcfttvr of (￿¢¢￿3￿(￿)d in 2013
KATE BEESHAW ILB (Hongl, PGDip. LLM. AKC
Katt a puiyl ai Queensw￿￿] from 1999.aMkn. srArn￿ IS a dgy Frf>JJder kfore tK)ardin¥ in ￿ Sixth
Fvrm. Afw hrr A ￿V￿[s. Ka*c Y¢9d Law 31 the bnivrrsitv uf ExrTU Ind cumple￿I tht Bar VI￿￿OL￿al
Cours¢ and ￿ LLM itt ProftSSiOn￿ W PTrcucc at tht LAW SthooL 9uabfpng Is a Barristcr.
On￿1& hcr Siudics. Katc ircarnt Lnvulvcd in thr Obj Qo¥¢nswoodians' A5s0ti#uon, Jnstially as an
F.lect£d Aqcmkf. ￿for¢ fir%r and A Tr￿[¢( nf Ihc nid q￿r￿n￿w￿xl1A￿￿
S5￿11￿1,$ BU[sar￿ and khDLqr5hip TTllSE al￿ must ¢ecently, GuvETntsT RetKescntsllve ti>t the
A55U(iztion. Katc wDrk5 In Hithr Eduation admitUstrAlivti. fL¥u￿n0￿ ￿VcrI￿n￿L. And is CUf¢rndy
Head OF Eduuoon Swdcni ExpeTJen¢e x tirtiveY.4iw Coll4Y I￿nd0￿ Kale is • supporter of T3r&Yt
ov￿1￿ Canccr GO￿￿10[ at tordsknp PTIr[￿￿. Sthod. whcrc a150 5c¥vcS as Chair OE th
rina*(c & Rcs¢YJrtts C(thmillCe.
IiEVEftEND DR DAViD M CHAPMAN BSC. ￿ MPhiL PHD
Di5tsitt Chaii OF thr Brd(ord5hirr. and H¢riFoTdthif¢ DIS￿¢[ of Ihe Meth(disi Chwch. Afier
8¥aduaun8vrh a Maihcrnaucs d¢qrCC. h£ workcd for th¢ CIEC-blirconi Comwy in Si Alban5 hfiiton
in r42r H¢ ￿]r￿d For rnifiistry at IV¢51cy Hou5c. Citnkndgc. has X
doctorate in Thcoltigi from Eht L ol CzJnbrid8c. Hc served in thrtt ￿nist¢#￿ ipFx)In[mcn￿ in
Methd15c uttuir5 io Lon&)n grni before b¥r% Jpwnicd Di*TncL Chwr In aJ16. Dairyd 14
rnembcr of thc ILtcthixli5E F￿th Ordcr Comrnitt¢￿. Ht is mirricd with thrct idult Ihildrett.
Norninxtcd ZS a Go*cr￿t by Mtthudi%t Churth In Septrmbef SJl&
MR ROBERT GARWOOD BA (Hons), fhp MRS
Rob ItCLndy TrDTrd havTrn¥ WQEkcd in tlx. Fthancb31 for more rhan 33 years. In his
05¢ rcccnt ruk. Rub wvrktd ar 5taThlard Ch#r(rrd bank running thur ￿k)b￿ In*¢stvrt bu*nc5s and th¢
Finartc1￿ InsiitUTiQn5 fr•rn5 xr¢iss Eotopr. b￿kn￿8 EtAES induda LTBS and Lkn>-d5. He
21so $￿Thl 5CiPtNI >tuS in thc **Sci mryrnert¢ induStTh liob ws <dtstAtcd itt both the Lnitcd KJngMlom
2nd ift thr US. He 8gtr*d 4 BA IHtx)s) dcgttr in Bu%inc%S f￿$ nn U8rk¢DD&
Rob is matri¢d Thith tWD ch￿d[en I￿j bvc5 in C¢twTri frlis thughtri WAS i swdeJ)t at
Queen$wu￿. leawnKin 2UI7.
DR OONAGH MCGUINNESS BS¢ IHONSI, MBBS. FRCP. DCH. DRCOG
Curtcncl} ￿orking for E&s1 & North H¢rrford5hirc NHS TnLft an AsE0cl￿£ s￿￿2)1$t in Acutc
Mtdicinc and A[nbiil￿rtsry C.#FC. Graduatcd wth a deycc ID Medicine from Imprnal CD)lc￿. ltsidon frt
Mi4's Hospitsl hledior* sch￿1) In lTh. Fellow VE the RL1)￿ CoJlc#e Ph)'Sioan& She hcld a
vari¢Tr o( wts In and around Loidon incluthng Intcrn31 mc¢kncinc. wdiauics. obstctnc5. gynac(ology,
¢m¢rwg' tndicinr 3nd gcnrd prncuct whKh lnvoh.rd & a5 a Pol￿£ Suwn. ODh4h is m￿d
5th two dau¥htcr4 now Ixxh FOrr[￿r ar Qrtenswknl. E￿red a Go￿￿0T ol Queenswood in
Spnng 201).
MR SIMON IMORRIS ￿ PGCE. NPQH
Hwltnistci OF 5chooL Bath ftom JX)8 10 , hawg p(C￿Ou$l￿ been Depury He•dtn25r¢r
ai SE John's Sch(JoI, t¢*tknhe3d. Bo31ding Hau5trnisttt and He3d of Iltjdern Lanyags li Thc Ixy4
Schwl, CwnbndF artd Htzd of GcrmAn ZT W￿4￿)[k SthcM)l. A Camb[* UnsvtNty Simott
h35 a GuvcifKW In in bDth mainv4irtd and wiv4￿ SrC￿T%. hr IS Cuffrfid￿ * mrrnbrr of th¢
Guvctzung P￿1¢$ *[ Woudhou5c G￿¢ khuvl *yJ Lvughb)rw%h Srhtds FuundÈuvn. Hc zlw
UThIer￿￿CS Xnior Icadtr on trhalf of thc Mcthtrllst IndyThlcnt Sthod5 Trust is
mxrritd Mth thr¢¢ thildwcn. Fk(tcd a Gowcmtr ir* W"n8 2015. hr <uTYMdy ch*rs thr FAucauon
Cotnmittce atQutttiNo￿1.

QUEENSWOOD SCHOOL IJMITED
ANNUAL REPORT OF THE GOVERNORS
for the year ended 31 August 2022
CHITRA NORMAN B5c. CJMA
With 20 ￿lE*, r￿n￿ncC in thc financhll semcu secioc. ChiN• h95 workd for DcutychE the Ro>7aJ
Bank of ScothATrl. B*rc4y$ 3nd Uobd5 Group. Aft£r ￿th a dw in illanx8¢mcnt
Scientt ffom Ehe UnJvefsi(y o( Masjchesrcr. she cn¢¢rtd tht Ro￿[ Bank of Scodand Finance GradU￿e
Scheff*, whcrc 5hc quJli6¢d chjrtcrcd MJn4cmcnt ilcc0urtlai)L Her wtienie and £xperDSC spgns
rr¢asuTV. finailcial sttateyy. InveswT ￿*D(￿J5 Il" PWTnmEs 3nd she IM5 a provcn
track rciord oftxccll£rt(c ¢n dcs1￿. dclivcry wid IrnplcThrfrTr￿Oon of cornplcx finincial yrtin& mdtlling
and XT)iltruul soluuons. Curroid}'. Chiua xt5 ￿ i COll5ultsni to FinTcch 5TIrt-UPS IM￿c￿ert￿ng fin*ncrtl
rcporDn& planning ind •nal)Jis systtrns. Shr IS tht Jnother of t￿. IM>th ALtcnd a Ixw.. ne2r
Quc¢05WDod. Eic(Icd a Govcn)Or of Queenswo￿l ￿ 3119.
FotmcT lotrnof Drsiwer. rnothu of rwo dlluBhr¢rx of 7whKh IS i at Qr2Ernsw¢M)d.
Thc fouThdcr nf ￿ant-bA￿d f￿1 Nar*lic wOrkspredomin3nrlyas 4
phoiogr4)hei *thd srylisl. Includin¥ recipe and conieol creaiion for leJdin8 bTrnd.E. NarJli¢ is 315u tht ChaiT
uf Ihc QuLcnswood PatLnts A5SocJif*M Afyj a) a Gov¢rTrJcof Quc¢n¥woLxJ In Ill
MR JEREMY PHEtAN BA (H¢)n#). MA (Ed). PGCE
Hudma&tcr of DuncuTDht SthD(4. Hertfotd Since J)13, h¥vin¥ ￿$ty I)e￿ Depury Hc2dm*sicT
P&%tod it FLls(td PrLparnfory 5clwl. E5￿ Bo2rdin& A C¥rybff Univ¢rgty yaduatr having
ad Fbstory and Phib50phy, J¢rcmy h35 i Gui'tmoT in sch(KAs in M￿n￿ned and prJV*tc
5ec¢vrs. J¢rem} 15 ￿ ISI"l"t￿ JnSPCt(Dl and mcm1￿¢ of JA￿ He is mgxtird with rwo childien. b)Ih gt
QutcnsVA￿d Ekcrcd * CrfwerfA)w in Auwmn 2019.
ANDREW D POPPLeTON BEng, CE￿. AKG FIET. FBSC
Reured Setuor Mi D1￿ctur frorn Acientutr. i O()bJ] minapient Cons￿ranC).. Trt his 31 years ai
cccnrurc. hc workcd 3crO55 tndutAt JnduSth¢$ dthv¢Th￿ itrhnoloy cnalAcd buyrKss ryan5forrniuon
pr<4CCt5 fur clits)u. Trle 9150 served on the A¢cenrure Irel￿d B￿rd for }Thrs and wis i Tfu%tcc
ef the UK Ac<Cnfvtc Pert￿on Sthcmc. SttOi¢d li Collrgc London and pduat¢d izl 1989 wth *
Lnwncrri￿ dw. Marricd uryth a son *•)d r*0 knth of havc becn pupils 41
Qy¢cnswyod. FJL'Ctcd a G(WLrnI of QU￿￿￿S*¥0¢￿j in X)11
THE HoNoURAB￿ Tr41CHOIAS STAhfP
Corwrncc Financicr S￿¢1￿51￿8 in ncw C￿cr￿ fcchnolw. NKk Itads the cOrwJrX(c 6rt*ncc
sine4% nf Lnnypur CApid. I pl￿14t UK.￿$￿ r*w ¢n¢w inK*%unLil& ad￿1￿￿. and T￿e9TCh fiffn.
Prc%'iousty NTick Invtttmcnr bwkct With M*cwari£, CaThKcord GeThuiry- and Numi5. gnd has d50
heki stlliL)r mAnwenE tui&% in che enew secTur. bew hi5 career ￿ a ChthuEd Acc(vJntsint
Emst& YoJre in 2001.
THE BEVEREND TIMOTHY A SWtNDEILFCA
ConnLryion21 TrraSuTcr The Methixlist Church in Gteai Brifxin. and * Meihodiy MinisTer pa5rgul
rcsPVrtsibibDt5 lrt thc Enf*ld Citwi ¢n Nvlth Londun. NvTrbccutiv¢ r)irLttor tsf / 5pcii2kn5t cthi
<hanry lffj¥eSD7)erti mgn48¢m¢oi (tynpan￿, afid of an ¢thic￿￿ hotd corzbpny. Pr£Y￿U
ExcCilUVr Ch*r of CtntTa] H￿1 cotnmtttE￿ tonf¢r<*tc tthtt¢S in l*tge Iq<th(￿j1%t
urthcs in Wc5rminsrer. Fdinburgh Arml I'ork, and knior E%icumT Officcr For the Meth(￿1$1
ladewdeni Srh(K>Js Tnw. of i Gov<m(>r of IDd¢pendeni and 5tate-
mAIn￿ncd 5clwls. Ord￿nCd zs z prtsbytrt in J)10 a c*(tt.r in Ihc Ln5urnncc indus￿. hc is 2
Chzrf£red.Iccountrnt ￿th hoTH)ui% &g(c¢S in Bu5ines% Admifu5W4tiLKJ Ind c¢)ntrxW￿.l}Jeo7W. Hc
nominxtcd GovtnKJf by th¢ Ilcthcdisi It￿¢P¢￿a¢A[ sch(￿5 Trus1 in Dcccrnkr 2012 bccarnt 3sI
Guverf￿r tn Decernber 2014. C￿lT uf tht fi￿nce CummbtLcc Sittcc 2019. and a Ch4)el Trusttt.
MRS PATRICIA M WIUNCH
Okl Quccn5W¢Kwthan 11972.198ffj. REtird Hc3d ol HR OF*raO(xJS IDr Rttd BT2Sirtess lrtFotm*uon.
A550CiZtc of thc ChaTttJ¢d Tn%uDJte of P¢ryofin¢l Dev¢1￿mcn[
CuTr¢ni Ch•ir of th¢ Old
Queensw￿di#lls. AssociaDon. Fkcd 4 G(wemor of Queensw(Kh4 in 21W.

QUEENSWOOD SCHOOL LIMITED
ANNUAL REPORT OF THE GOVERNORS
Cor tht year ended 31 August 2022
OFFICER5
Pvincipal
MLS J Camcton Bsc Hons
Buisar & Clerk to the Gavettto
lan wiib.wns BEth& CGMA
ADDRE&S
C8iStered O(Sce
Shcpl*Td's Wa)"
BnMJkmaElS Pafk
Hai6cld
Herrbrd5hiTe
AL9 6NS
Wtbsi
ADVISERS
Bankers
HSBC. Bank pk
PLak
333 Vauxhgu Bridgr Road
)nkn SItrIV IEJ
Avditot8
OORE knwrort Smith LLP
C2A 2AP
Invesrment Advise
WC2B 6AN
Ekvcn Bnndlcl'plztt
2 B¢Wi$￿ryCk Squ3CC
Brndlcyplicc
Birmingham
BI 2LP

QUEENSWOOD SCHOOL LIMITED
ANNUAL REPORT OF THE GOVERTr40RS
for the year tndtd 31 Augus12022
Tr Govcrn(K5 of Q￿¢cl]SWoOd 5th￿1 prtsent thtsr R¢kwE for Ycgs cnded 31 2022 undcr th¢
Chariuu Act 201 l. t￿thcr Vjith thc auditcd licountr fhc yeai, •nd confittn thaT the latttf hive bttn wpzred
111 attOTdan£c Accountin£ It¢￿t(l￿ b). Chiriiicw Sufcmcnt of Rccomtncndcd P¥Xctict AppliVAblc to
£haMtitS PTep2tin¥ rhesr *ccuUTh￿ in ac¢ord2rtce ￿7th thr Fin￿c￿ Rcwfig Standard 4>￿icab￿ in the U]i
Republic of Ireland IFRS 104 l¢ffc£ov¢ l JJnu3p 20151- ICh2ritits SORP IFLS 102)), the Finartaal Rwun8
Stsn&rd aFplicablt In th¢ iiK and RcTthIC of Ircland (FRS 101 and the CompAnbes A¢1 Z(KKb_
REFERENCE AND ADMtNtsrBATIVE INFORMATION
The Govcrnors are b5red on PgKt Or*. Tr txecutivt offittr4 Ptifbtipai a&lteS5 of the Chanry aThd p*rucuJays of
Ihe Chariry'5 pro1¢551yn￿ advisrt5 irc P¥ Fout.
STRUCTURE. GOVERNANCE AND MANAGEMENT
ChgriLy Structure
Qu¢cn5wood SL"haal iitrnEed ￿7s intopifaied as a ￿l¥*iC lijrufcd LIynp￿v (R￿ls¢￿t￿)n No. ￿)5611 on
22 fcbruiry 1894. The Comwany was wsiered u 4 (R￿S￿￿on 31 IlhSQ by a Trust Dtcd dated 18
Novcmbcr 1953.
Group Structurt and Relauonships
ThL ChaThtV whully uwns % non.chaJi￿bk rJ9dmg svtffjiib#ry, QU￿Sw￿L Llmi￿ ICoTnp*rty
R¢y%rraoon No.184W141. The Corn￿St thc idminiStt*Uon of tthdrouAI ind ntsn-rr￿drnU
kty￿s for sports￿ arml othcT attivitses. the OPCraDott oEthc Schrd shop ind ArKd]￿, trad￿ acDviDc5 Thc Roard
nf Queen8wnod FJJteT￿I5t% cThhPti
C N(Kman (Chwrl
M¥ I Wdliams
(&ttnxwtstsd kho(A Tamittd is connetd thTW crmmon, rwalkl or rdltcd obico5, ar￿ by nf cornrnoll
control ind of AdM￿L￿gOon. ￿ thc Quccn5M-od Sch￿1 Owl Tntst Rcwsrraiion No. 31 IW.
Thi wincip3J Airn thl QuLinswwl sch￿￿ Clw'l TnL%t is tv mAnagL and Maints￿ ihi fabric of thi Cb
JdinLTr 50 Ih21 it wll bc uscd zs a phcc ofvFotshbp bTr" the pvwls dQu¢¢nS￿Wd and any othcis who rniv
Wlsh ID attcnd thr Scrricrs hEld in thr Chapcl.
Governing DoKument
. Lhaijry is ¥vvcrntd b>. Trust tkcd artd Arrick5 of Associali￿. The Aruc1¢5 of A550ciiuon wuc ts51
n¢Thd¢d In ZOIO.
Govemtng Body
The GoveminE Bdv comprw thc G(w¢rnor5 ￿ charity trustrts of the ChanLi who A]so Thtcciors of the
C¢xnFdrty.
Govem(*s' RespoTrsibiliiies
The Goi'cmDr% Iwho At¢ aLw thYtctLYS of Quttnsw(xk4 khwl LllniT¢d for th¢ yTroScS OF tompAthv lawl are
rtsponstble for prcwin¥ ￿ Gov¢rnof%' Rwi and Ihe final￿￿ ststcrnttlL% IJJ ￿t0rdance with AppIL'cable LAW and
bnited knn¥dt>rn ACLvunu￿ Srand*rd5 (Ur>itcd l&fftbdum ￿¢￿￿5. A£cLVt¢d Acrvunrin¥ Pracucel.
Cunp4n)' Govrrn￿ LD Ptrpart fin#r*ial for exh fth7gnu￿ yygr and fair
vicw of the ststt ol the Aff￿[5 of thc chArivAbk comp￿¥ *id thc w and of thc incoming/outgoing rt&OU￿cS
d applitatson ¢)f rtsthjrtes. I￿￿￿3m¥ the irKome ￿ eyFaitur¢. of thE c￿￿1¥ble wp fur Ehat ptTit]d. In
Prrparing IksL. financial srar¢mLnis, th¢ G￿￿($￿15 Arr (
Sdcci swublr ?ccowJung wiKJcs ￿ thttt th£m cort￿$[c￿lh.
Observe fv meth(KIs al￿ ptintipics in Iht Chatiues SORP
MAke judwents c5titnatr% lie re&*￿1￿C and pnthi
SNre whcilKr JEylirablE Uk AccCwJnuog 5und*rds kn'e becn fd10￿rd. sub￿¢ io anv ￿￿en￿L depl￿rE5
dixl(Fxd and exPl￿ned In thr ststcmrth

QUEENSWOOD SCHOOL UMITED
ANNUAL REPORT OF THE GOVERNORS
for the year ended JI Augus12022
Prepirc thr stxttmertts the (orKem b*y% unless it IS inAPWOPriaT£ to (hit the
wm￿1)Y ￿11 conDnue in
Thc GoveDiofs XT¢ ttsronyble for kttpir% a¢twniing that disc1￿ *1th tc#&on2bk acturdtv. aE anv
tirnc. thr finin(lal p)5iUon of thc chiriubk artd cnabk thcm io cnsw¢ rh#i ihc finxnoal s¢arcrn¢ntS
complj. wrh the Cornpqniu Act 21116. ThEy Jre ilso rLWh$iblE for Safe￿rding th¢ of the thamtable
coMp￿Y wjd Aroup and hthtt for t*kinR rcaS¢)Mhk sw lot thc pr¢Vth)litin artd dcicctioti of Iraud and orhcr
Recruithi¢nl, Induction and Ttainitig of G￿£1￿
The Chxnrys trjccid C￿et￿)r5 ITC *wnfcd ac * mccusjg of thc Govcmo¢s' Bo2rd on th¢ of
rt(tsI'ed Ftt)rn ihe Chgir and Vice Thajr. whnle ieuxThmendgtinns fnr elwknliry ITC Ttltvant 4ttrihutc%
I￿lUdIng Fvsonil c(xnpcrcfic¢, 5wJliSI skills Jrtd 3￿11￿￿11(￿.. AU prowttve Go¥emors i'isit the Scknl to meei
rcprcscnlatiyes of (he knrd and senior nunweni w to nornination. An 1nduCD(￿ 15 IfTan¥cd at
lh¢ School fur ncw GuvcinL¥S and rh￿ ar¢ prgwd¢d wEh acccss tv th¢ Govcrnot5' PoTThI conrajrung thr Artsclcs Df
AS￿9u0n. GoNtmors' kn. School z c*y of the Bisk Rws¢ty *nd other documtfii*uort rclcv4nt rc>
thcir rcS[x￿WbQlll¢* a% Ttu%t¥¢S. Spc¢ifi¢ t￿nIn￿ ind inducpnn 1.5 t4ryth T￿￿rd ￿￿.[￿f￿R￿￿rdtn% rtEwnsihilitit5.
3dthuox4 ihcy arc fvrrishcd ￿th rhc Ch3nry's In(k%i rttent str of firLknti￿ XCCOurtty AU Gtilemors ar£
rn£uur¥Li att¢nd. frottl tv lim¢, S¢minafS arran&il by AGBIS *thd Wor￿S1vna1 bodies as well AS
rarniliAriutioa dxys providcd at thc s￿￿1. A Tc(0￿ OFu9*w￿ is m4ntsirtd try thc O¢rk ro thc Govcrnor5.
Orwi5atiDnai M¥nagtmcftl
The Govtmots deteymine the b*ffie￿ and att T¢Wn5ibk for ihE ovedl went ¢ontrDI OF
Ihe kbool [hro￿h Ihe Principal ￿ Sch¢M)i Exccutivc Tht full Board mtets at kasL thret oft*s i yL*r.
Supwrtsng io thc Board, thcye arc thrcc CcthmiEtees xlso meer once pei term. AS It Jl
Finartce COt￿milt*¢
7hL RLvd T 5wiodLM ILh?ir-rniri￿31 tknLYnlxY
Ifr H J dt S3uSmzrez
Jts R S G2nw)Cxl
Mrt r Nnrm*n
Thf Honour3bl¢:N SrwDP
FAuJiacs Cornyw¢
T L CJavtthaJn (Lk￿r)
Mts K O Bclshaw
N P£rtn)'
Mr A D Popplcti
Eduution CrrtThmit*e
Mr S Morri5 (C￿￿tI
Ilr R Biinr5
The Rcvd Dr D M Chw
Dr O McGuinnr5S
Mr H J dc Sausmarr4
Mts P hf Wnn¢h
Mr J Phcl*
It Shodd be noted thaiThe Rcvd T 5windell 4ry11 ieurc 4s i GovcrtHx ￿ JI tkctmbrr 2022. Mr R(Trb G￿v0￿d his
IndicaLed A w111n￿￿5 10 *%sume Ihe Ch￿[ of Lhe Finance Comynitrcc. Iwt vmold only bc Cr￿[￿r￿ab￿c dtxng so afEeT
had attcudcd z School I"£￿ of mttongs. AciOidin8h.'. ¢hc Gw'crnmg Bod> has ihe Chgir of Govcmors
35 thc Tntcrirn Chxsr foT thc Spriry Summer t¢rm$ 202J whctc hc ￿11 work CIr￿1V ￿Th Mr tiiTWODd to
facilitatt a smoLKh IT4n￿o￿xi of Ihc Chwr to Mr G¥rwLNxI for tht 2023 iu¢umn ttTm irtd thereaf￿r. MeeThrkg5 uf tht
abLTrYe C(￿Mittee$ arc ￿11 l* a¢￿1d¢d by tht hincpl. Butsar and Lther sen)￿* mcmbers uf 5raff
propriatr.
Th¢ followiDKGr)VfEnOX5 hi%c ktrn dL￿￿¥t£d d￿. G(r4cmin8 Bdy to h￿C tC4xJnMbdity for arL*5".
MT T C Garnh¥rn- Health and Safay
Dr U NlcGtsirtnc55- PAs¢oiai Wclfarc 3nd Chthlrt
Mr H J de SausmaTCZ, Thc RThd T Swndell, Mr% K O Bd5hiw. The Revd Dr D 11 Ch*w#n and Mt J Phclin alsD
Sctvc J$ ChiFtJ T¢osK¢s.

QUEENSWOOD SCHOOL LIMITED
ANTrtUAL REPORT OF THE GOVERNORS
for the ye¥r ended 31 August 2022
Iftve4tmeni in $t#tr
Thr ttu%(r¢4 afr k¢¢n ro a￿1¥Cl and ￿[lIn thr bt5t and kcj" $UpT￿ Sraff and set S￿1￿¢$ other r¢rm5 of
crnuncrADon in ordcr io achicrt th>S. RemuncNrJc￿ OF kcTr 15 ¢Stab115hcd it ￿P￿l￿tTl1￿￿t 5tigt ￿.
the Princird andlor thc knrd tsfGth'<mur& Ti is thereaf￿¢ reviewed b*s by th¢ Ch￿[ Ind Vitt
Chair of Gove¢oof5. Remuner•wn for 11 staff 15 re¥iEwEd Innu￿lY wsth rt(eyts)ce to rdev*ni ai.*1￿bk
informatir)rt ind b¢nrhrnJrlung 51Lrvtv
OBJECTS ATrID A￿]vInEs
Ch*rit*ble Objccts
Thc objccts oEthc Chatity artr.
To conjnuc to yrJte the gjds" boatding and &y s¢hool kno4Yb as-Queenswood", suty.eci to thc Trust Dc£d
artd the CDmwAny's Alltcles of As%K1*u¢￿ yded by Ort51i•n prinoplc5 whiL%i TCtwi$ing ￿141¢ OF
diff¢rertr c￿[l￿e5 irtd fwihs
To maini*o ihe pTe.4eni srJndJrd4 arKI tr3di¢ion of thc SdM>d 2nd to corttsnuc ￿ Srck tv Impyovc 2nd 2di'an<e
eduutiort for by g)1 Appr(pri￿¢ indud)ttg thL L5tsblishmLI)t of funds for scholarships. bu[s￿leS and
Public Benefii Airns And Inttnded ImpAtt
Wichin Ihcx objrcts. thc School's publii btnefit is ￿ provide an ou{sur￿ing aca&¢rric educauon for au
IrTC5Wtivc of thcir PTLnts' fina￿￿1 In addioon, Lhe Schv(A offers 4 rsy of othcr
to ptuduCL WL11￿q￿pF￿d and c90￿ Cill2¢n$ of Ik thi ￿￿tr5 uf tufflorrvw. who wll 5crYL thLIi
communittcs ￿￿ll ind 5cnsc of rcsyybilits This z]m ts SupT￿rt￿ b). afft acuir progrnmmc of wiorgl
rr a %piriw•l frirrwork. 35 Wtll as by cornprchcn5r¥¢ f￿1]ItiCs xnd a Dfac1iiYD￿% pf4>murc phywcal
rt¢rtstiort￿ infertSL
Delivery ofpubbc Benefit
In iccordAncc with Ihe ￿rITable Obircts OF thr Ch3TSLI. and haling due to ￿ Ch#Dfj' Commjssion'5
idxncc on Public Bcncfii Ihe SchcM)I ionunL*% ro WiLkn wbjic Accus to the ¢xccllenr cducitJ()n thld t ￿rIS yd I I
10 18 Trcrtyt at Queens*￿￿.
In tsrder io supwrt (￿le¢T1%￿ ¢nsur¢ that no onr ih utludcd From thc 4>￿TDJthiry to b￿¢r$i from thss
¢d￿￿?￿On. thL Govcrnors rtydkc aiMilal* full)" mrans-ttstid bjtsary iwArd5 of up iu IWAb rcrni55iUTh itb
Mpita￿ tirCumsunc¢% A xhflaryhip can k •Dd fvcqucnty 15. cnrnpkrncntod bw a burSAry.
continucs TO 5tyerwhen bnks ￿tith a nutnbtT ofiotzi pnrn￿ SthtMAs fvr li makes *Ygiabk.
ai nts ¢har8e. ils Iicih"tic5 such a5 the athl thc thrauc. as ¥kll ￿ Quid￿r and Indwr SPOILS •reg5.
though Jt skouid thal has L<eA restllctcd dve w the pgndemic.
En8agemenT wih suppkner4 cu510rner5 and others in a bustness relatitsnkhip with iht School
The S¢hwl'% supplier ind cu5r(wn¢r ¢wm¢n4 Indudin¥3Jl Fxdic￿5 and iuntrxtts ate de%iw)ed io enswe a f￿r
d rransP￿CnÈ ippr(Mch ro ail bu5ifltss tTrnSxtion& The S¢hwl in platt ¢I￿r aThJ cr#n5par£ni L3affs foT au
facilioes I￿111b1¢ for cxr¢rnl ￿5¢ and thcsc arc anknually ￿nChmark￿d I￿n$t othu ¢L￿P￿￿￿e fKiliiie5 ro
cnsurc ihci. rtprcscnt f21T v*luC.
Th¢ Sthwl opc¢atr5 a rranspwr F￿r¢meTr[ prLKUS fw a y￿U¢ ly¥¢d ¥prOV￿ structUTC. thrTcfvrr cnsuring all
s¢rYices and producis arc ￿c5$¢d thc 53tnc ￿5[ ￿lUC ￿ u5k mitigAtiOTh Cntena Ort ￿ther xn Individu￿ or
Cyclic￿ IASIS as aPP¢vpriatr. Th< COM￿¢r¢S rqulir [C￿￿onshiP mznvmrnt all sttakwc
scrvicc5 5uppkncrs LO ¢*surt cfftttiFC toLrAtt mxn94tsncni gnd cng•gcmenL
Engwenl wilh employtts
"ll)r sch[￿ EnC(mI￿5 iunLribuEion al ￿1 k¥t15."lThe PDnoFd, Bur5ar•rwJ memEtr5 of the S￿￿)[ ia¢rship
team trtrtt rcEularlv rwgl fOry￿S io S￿re Thr khoui cntOU￿ the inydvtmcnt of Its
cm[A￿<c.* through icgul%* STaff mc¢ryn8s rhardi45crninarc irbfonnauDn of wrticulaT C011tcm to cmploJ'¢cs and
thtt)4h rcwlar 5tyff 5ur%'c!s ar￿ Suff ctrnirytts fnr rtctivin% thtir VK¥S. Tcm)l)" mceunRS ate hek4 Df Ihc
Quccnsweod $￿ff Infortnwjan Grwp ￿hich ha5 W5cnttuYcs fTom xtrO¥ all areas oEthc sthrA)l thcrc An
9Utt￿ bt an1￿CrÈlI through th¢ ￿[¢S¢n￿[1¥¢S.

QUEENSWOOD SCHOOL IJMITED
ATr4TrJUAL REpoiYf OF THE GOVERNORS
ror thc year ended 31 August 2022
New sr2ff atc fullv IrKIucTcd ￿mi Ix>th (cz(hcr5 and SUP￿rt 5tsf(tskc part In trai￿n￿knth bclorc thc 513Tt Df ?￿d
dunng thc *cl>od yur. Thc sch¢￿ IS committcd w en%uring cqualit). oftprx)rnJrtity fuT all who IcATn and wtk
here. 11 15 comrnitwd io th¢ ￿n(]rAC of ¢4VXtuniUts th?¢ is ernwicd in our EquxliLY. Thvct51tT Anti-
Rqasm Pobcy whi£h is k¢pt undet constartt rtviw ￿. Out De￿[1 Httd PupJl$ Jtyi itis ttsU￿rIY disc￿￿ed b>" the
Scn¢or JA¢r%hip Team.
Carbon aknd Energy Us4c
CC11sword Sch(xA c<)nunws ro bE in * proccss lima At tduCinR ia eneryy Ind Kreenhou5e
cmission5.
Wt ire dcvd4>ithg a kxw LLThI Strai￿. this. *￿1 arc cutrcndy frfusscd ¢HY.
lch15￿ ¢￿￿8). effiueni whLYC in thc 5ch(x>]. iTKluding a <miSSiuns ek.crrit
pgradI￿ e￿IS￿ngHVAc SFSIrnLS io rnore ¢nU￿.trfiC￿1Ione5 whettetr.cr w1)
InL1ts4bngcncrg¥ con5idciati￿5 in t￿¥ kni1dl￿dc5v1
Adopung behZWir￿rX1 chzryc mtasuTcS *he¢e
The Ch4raEttt ofQuethswood
Within i tating 2nd Supptslliv¢ fraMe￿¥￿T￿. Lilio). 4 dynamic Jcxdcmic ?nd iThtdlccIu￿ ich1￿.￿nCnt
is v*lurd. 5rudcnis uFchr TrllKhcsi •biliry Ihnvc hEri Ifuf ¢x￿PIc. In rtc¢nr yLars. Quccn5wothan5 havL bELn
offered pla(tt at Oxforf Cambrty RUSSCD Group Lnii'ctSIOc& as Wrll as kJdiDg Doiver51tic5 in Chin3 And d)c
lifu￿d S￿[¢$ of Am￿£1. tC9d￿￿8 EnRbsh. C¢0￿PhY. tJw. Lingui5¢ics. m￿l¢rn Forcy NatuTrJ
Sc*n¢rS). li 15 rA)i onltr. Ihc wkn thnve knw0￿r. ￿ the Sthxd acieptr pupil4 with a rAn8r pf
The 5choo] is vrfj proud of hr)w tnu(h i¢ DjwU￿5 tXi*5 rh¢ ¥xdrrnir profk of all the Irtd itt$iSts Ihat eKh
.5 ￿lac￿l¢ 5U<ccSS is $upFKJllcd by z dNc*sc *id ctrcvrric¥13T WOWm¢.
rtccni Pftni ir
Iucclncdw. 'Quecnswcd PfOvidc% Ihc wrsUl￿ th£ teat3'. Thc Sch(￿ Js for ill .￿ory ￿rtIcUl￿AY
Tcnni% bur r¥ht ￿rOsS thc trtttjwt TKxformin¥ arts 2nd th￿¢￿￿ dcpaTtment-kd academic eniichmcni,
¢LhSwwd uff<¢S LXat¢mrnc, ¢hula and ¢ACillL¢Itt.
IDching ￿ pwotJJ stsff at IKIP &YdqJ T¢S1]￿nc￿ ￿ adapraknli4" and tv ch￿k
thcrn5clvcS. Thev to insul 4 scnsc OF É)¢¥$￿￿Yc ith thc 8sAs wh¢n titumph *rKI when thes find thing5
Quttnswuod ie*iy the kkn?I vmth jrnb"W￿ deTerminatiun. ftth. ¢plificatiuns ¥nd y￿U￿s tu lasL a
rif¢ti(nc.
Obje¢tive$ lor rheye
. Thc kcy nbFttsvtS at the ouL%tt of I￿71￿122￿*￿t the s•mc LS the ptewow% ytsp.
"ro orrrr In txccllcnt cdUaUc￿ thwh x brfmd ind b￿an¢td Cumcuhjm. CODuDu3Uy sc¢k ￿ improve
*cademiC
T¢J prtsrnoTE the ￿pPinesS JtKI sdf-e51f¢m (Tf WT15 by thtm J5 1fKliv*lu￿I wh*rtw¢r their p￿r￿￿>r
iatcrc5ts
To tuStEra Ioye of Icarn¢n& rngui4 athl &hrc
To pxorn0￿ intemafional. (Ults￿lI and rdiiid urKltr5wding
To prr)myi¢ rnorAL values. *rKi ir￿15¢ &d5' awzrcncss ol. and thrir r¢sEx>n￿bilIIlC5 lu. thr widcT
worki
To prOv￿C OpFthh￿tItS fot ¢0 (h2llcn8e thc¢nsdvcs irl a yryde r¥n8c of 2cuvstiC5 includy
the hum3tutie5, the •Tts. the 5cJences 5P(rft
To pryparc nocjusr for ￿xI hlBhered￿l￿￿. for h.fc
To cncour¥ prrnt5 to Supsx)rt all of thc bfe of the khool. and w ir¢¥olv£ paren￿ fidly in thc
cducau¢Jn of thtir thtovBh thc us¢ of umcly. InfoffflaDif and cfft¢uYc communicaiion5
Following frthn J Stsxt¥y Da¥ hdd in Fcb 21 the Board has adcpial an Scr Df
Objrctivt5 Supptjrt th¢ S(huvl Visiun..
Til Ptiwdli. rttniin all.k*rl% yb￿11 ￿1h Ifeih(wJis1 fiwndjum <erttrJl t<? nur
To rootinuc ￿￿￿oW w a 5¥zc wc cafi fidfil kniiarMI ind 5rJll dchirr our cdurxlion31 oflcrits¥

QUEEN5WOOD SCHOOL IJMITED
ANNUAL REpoirr OF THE GOVERNORS
for the yexr ended 31 August 2022
To m¢k4ernise wr T￿￿1￿en}￿r￿illlI1W1tr WL% nt the crtsts￿ and dthylcipfiu %pice thar
w511 m3Jimi5C >7d.ctntred It3minR
Tr) dt￿￿111P Im￿¢M￿nE A Ic*ug%¥d Dyl￿ L¢aming s(lak￿ ￿l*¢r all pupil% h41-r a 51niillT d¢1.￿[ l)n wPAch
Icim. bnrt¥rt¢ OPP)rlu¢lif* Jbng l uniformiry- (hir cnhancc sxfct!. xnJ Se¢uri￿ for tyur
puiyl%
Til fvtihcr ¢ff hancc ih¢ SC￿￿￿1$ w¢ll.btyn¥ w>iiSirfbll in ijrdcf 5upwn and zlkTrW thcm ts) styr>V it)
onti(k.nct J5 indii'idujls Thi)" ￿11 chillcnJryS JS Ufl)OrWilitK'S ind &.M(Hl$V3￿ dilirminariwi rv
Ihff Trtrc in Ill nt rhcir liir.
To cynDnuc to dthclop afid t￿h￿te Out tILTibk' ath4 tull tthrdin8 Otfec tor ￿. anli foat5 on cn51i[i￿ thxt wc
ryi)w (Jyr init*nAIiL)n)l È*milF w￿1 (nn(ri￿le mwh 10 rM)r culwr31 dii-cNt
Tij CiiniinuixL>li' irnPftiVC. lh¢ &xth F¢￿M iJff¢r IN￿laIry w ihc cxcitctncntand tsppJrtunitiLS tTLztrd b}"
To enhgnce Jutt Delyli￿[ atbd remu11erAD¢)n ijpwfftunitics thAI ￿717 iuchifiKexcdknce acr¢>x% fhe
rrijuluni
Tij ￿'L}rk Mryrh rhc OQA In ihc lifd(Iw knir*its oi thr(M¥h ￿re¢r 1d1'￿t. xnd
appropnate Supw¢r
Sitatt8ics to Achieve this Yea￿$ ObjeCTi￿$
Focu%Sing on thc Rewscd Obiectrve% for the ￿￿T, Ihe scw F45 cMunued ro itbyest ¥n our xdffiiS%ions and
rnArkefjn8 deprymcnt5. en5unng Ihii chc QwcnswiK)d mcs5¥ rcrnAins strong AtKI clcHr for ￿17 5PAff. We also look
deci￿On io TUTfucTure our adtni*Sions dtpzrtmtht whith kn.ed the sch￿1 to have • dif(erenr focu5 on both
t￿. lucal intcrnauunil ILtTUI(rncnl markits.
We have enbob¢d Our suff LKAIY ￿ong￿ryth * nymber of wf¢59atd5 ￿ order to look At LO Our
fxiliiics lsrK£sfic*U)' Scicn¢c thc A￿TC). Ccntrcl. which wll cnknncc Ihc td￿￿tion of &rls.
AFooinrrncnts havt bttn tnadt fijr borh sugre4y le9d and An AssisTAni Hcad of l¢arnin¥ SUET￿ rLnd
irtllbcing. ThcS¢ wll ￿10￿* th< sch¢M)I lu movt futwaid in these ATthS ifi the fortk0rnl￿ yw.
Princip•J Activities of the Year
Thc ChAriTr yovidc5 btxrknng And day foi ￿A$ from thc gw of 11 ro 18 in a yn8le 120 acr¢ YTC. hr thc
ycar cnd. thc School ￿11 4_1714221 coyrtpmsifig 225 P841 dgywtls gnd 2121IW knafdcr5. This si￿]r￿artI rnovc
bAck (o boar<hn8 is prima(ilw &Jc to thc r¢4nt¥odvcrion of l ybt prkagcs. wknch had bectt duLiiig
the Coiryd-19 Pandernio
numbtr uf tvricnt #thd ptsf parcnis co￿Dr￿JCd ID provth mqny hwr5 of iY)lunwy 5crviry dunng thc )rar. Tht
Board bkt ro thi5 OPwrn￿jry 10 its for thcirffntrous and **luxble su￿OrL
Ope￿￿0￿aL Ptrfotmatbce ts(the Queenswood En￿lSe timiied 102112Z
Entcryr15t Compiny OFxrktrd rhrLMJghi)ui ihr I'rar. thc maior l¢JCW% irwm TO norrn￿ fur
$ptsrting activitics ihc school 5wmwung oFwDon rCCornmuw￿ along vnth cxtCrn3] kDings for r￿tbAll.
hockei., tennis, %WirnrnI￿, fict￿11 and fencing. The￿ werc rcsdcntil actityrytycs thruu¥h the encerprise
compwv ov¢r t￿$
STRATEGIC REPORT
REVIEW OF ACHIEVEMENTS AND PERFORMANCE FOR THE YEAR
Ope(#tional PerfQrnW￿e olthe Sth¢)ol ￿21/22
Within a carittgand SUPPOrM'L f¢#mrWOtk, ytK4 cThjW' • dy¢wnic xa&rnic cyrricvlum Ind I￿￿￿CctUi1 ichiciThcni
16 highty v¥lutd. StudtnTS of thc higheqi *biliry thrivc hcrc If(y &Ygmplq In nxeni)ear4 ￿e¢￿SWO0di￿5 hiit bttn
oifcrcd placc% ai Oyfv¢d.CambDd8r Jnd Ru.4seM GrLlUP Univusiii¢5. a5 wdl ￿ IDdl￿ Univ¢r5ilic* in Chini thc
Linittd Stales of ,Im¢ric4 I￿Ing Eng￿5h. Gevgrnphj". Liwtir5. Modrrn Fotuiy and Nanj
ScKnce%l. Ti is ordy thc brighi¢s¥ who Ihnvc hryE howcvcr.L4 thc School atccpts ypl% of
abl￿¢￿5.
Th¢ S¢hool 1$ VCLV proud uf TrKJw much ii measurtNv raise5 the ac*knic ryofile tsf 911 the ￿TI$ Jnd irt5i5ts cach
1,5 3cthLtn¢( SuiCcSS IS by a dJvrrnL' artd (￿ClU￿ cts<urncvlaT pwammj. A r£cLnt ￿rc￿l Put li
SuCrin¢slv".'Qu¥¢nswooA protrkks th¢ trsdL% wiihoul l¢af5'. Th¢ IS famou5 for 5FWE wtscu&r4"

QUEENSWOOD SCHOOL LIMITED
ANNUAL REpoirr OF THE GOVERNORS
for tht year endtd 31 August 2022
lertrris. llght XfQ55 the crc*uv¢ gnd *TrJ thmugh d¢PArtm￿l.￿d *cgdcmiC ennchmenq
Queenswoud offcis Ind cx(clkn(L
Tht ceithing and p*4￿￿ staff 21 Queen5w(MA hdpyr15 tts develop ￿￿llence ￿9￿￿.7•ry aTrJ fo Ch￿1&1￿
Ihemsclvck Thcy wjnt to inyil i xs)5c of PC15FKCUV¢ in Ihe pd5 when thcy r¢iumph ￿ when thcy find thn8S
hgyd. Quetnswood wrls kavc thc SthoDJ with JmlMLiun, hicrtd4 9ualificatM>JJ5 and vajues ￿ hsi a
lifc(imc.
All d¢pArtm¢nts artd sraff are gctsvety ¢nRyd th dJE SchiyJ'5 r*rfornJwKE. whether this is frojn g pvrdi. themi¢
Dntribution Or one chaT invoivts (C￿(Urn[U]IT*t￿vIUcS ¢>r $￿rt Tht impatt oFiTrKse conth￿￿On￿ Is Lg@5'
personal in m￿￿. c/5es is haftl its VWCS A flaV￿r of x>mr of the iCTi¥iue5 hAve made 4
impAct ovcr thi5 Last ￿￿trr￿C ?cAr'
21ni/22 ExaThufiation ResulT5
Pupil>. PEcnL5 5DFf LLILbn(cd J 5Usth 5Lt tst tmm tE5ults ac QuCcn5￿M￿ ihis ¥t#¢. ¥5 u'D(¥trt L¥Ji)YS ¢CtumJl
for thc fif%t Dme %inc¢ 2019. All %ubicc¢< ad￿4￿¢ infcirmitiot) publithtd. liiroid¢4 ti) (rKuX frllSh)n. And th¢r¢
WIS 9 rcdi￿tt0￿ in somc subiccrs. ¢015￿ni In rC5[￿ct OF thc thtkrclli 1055 in timc Kro5$ school: diit to
CAJi-id.19 tlfiSurC% %INte 2010 Our pupil% had b(￿rited fr451n Jrt immtd12fc <￿)￿Ch li) 3 full i)Thline ￿nIctAble ind
cortiplLILd (k. SPLcikicifiun coniLni of (9th 5ukn¢ct Dmc. a wll ￿1.1$10￿ rKriTrJ. ThL school
ItyULSTLcI Irj prk.y LwdLncy ￿ l<mJial y¥anll1uD￿n5 In th¢ ¢xim cuujd ProcL￿d. LVLXI Iht*ULh Ilus
tvidtncc wa% nu¢ tor Pr￿￿¢ pirtd bv pupil$ w3S uS¢(ul.
69.-,
of a]1 Amdcs w'er¢ A•.H. tht (MJr£omc Lraecung th wKxb' dtdittoon ro th￿1 stu(kncs d￿0￿￿hOul thc
pAiidrillli 11% l¥tiniaiAl¢ Aftr¢mJili. Jnd irJiher4' Ui PtsJvidin¥ 4 iiJiiTrnuiM)%
onc thc l.ur gr(wp xhicYcJ d1T Iwt thtrc.l- of il gr2dc5. thc UGiS Poin￿ #Chi￿"c￿ art0&5 tht
wlv)k gry()up equI￿d VJ.IAA. ThL %'aluc w&% 0.4 swddc5 W tth(ty. u￿￿￿r%1Th. ￿￿¢¢$ ￿<T¢ ￿tTr¢d ai O>tl)rd.
Kin¥% C.(Jlcgc lJMdoo. Lsf. and ma57V oth¢r Ru%ScII unli.cND￿ in ih¢ LIS.1 and IE rwo IIK
Thr Tr"car I I Cf)h(Trrt 64.frt yJd¢5 9.1. Jnd g&Y/. ty4.
rKriwnxntt. Ilaluc addcd Hlmosr thrct Wlrrtrs of pupl PCT sub￿[. Arnong rhc strrpftg rtsulrs
OuiSt2Thding ind1iryd￿ ac￿v￿n(￿li5.. 22 out ui i8 cartd)dares achbevtd li iusi cighi glades 9-7, which
C9uac¢ io A'IA in thc previous gr￿1￿ s}y¢YtI.
Music Department
r)ry)iTC tht CoTrsid.19 diStuptyon5, Iht Music dtprtmtnt IM)unccd and ttsumcd its fiJl w of Iofjctrts
(￿M￿tY￿ens. rnusic les5unS 2nd cirtlLsnthJtxr pri
Amme 5th)e n￿ble achieve4httt(s by (￿r pupils
the wa}'.There hai"e be¢n mink ￿l￿ght5 with tht rrtosr bck)w.'
'A F¥ndi. AFfwr'_<orKcrt m thr ChAF¢I by E.Gtant10I4 QI iixrKd by hci mcmbcr5
2 x Gcsf & A.ltt"el w15
2 % Nlu%lc ScholaT.I & Priniipal's Av4Td holdris
Sump FamilTr SeryKt In r.h*pd. includirt.¥ Mu￿¢ Itcms 7 & R puwls
South LIST 5choD15' Chats)￿[ bluslc Corn￿￿￿0￿ trin￿*￿5. conccrt, Q￿￿￿4.5 own !Ich5m• S￿rnS (bct
*watdEd the rw11￿.uP pv?£. The qr¢r m¢mbcrs (our of (wr music scholar%.
North I￿)nd(￿ lfiusic Festti?I co[n￿￿t￿M. k¥1* Q (PA.holdcrl Th*rdcd the Isr prize ￿ tht
f?old singngcom￿￿tiO￿ xdjudi£Xttd bv rtnowncd lx.tsr knd Singer. ￿8￿1¢ MA) PAriS
tthi%f5' kn4cc in Ch3￿1. in(ludin8anihcrns Svng ￿ thc Ye*r 13 Lea%crs Ch(XT
Quren%yJd MwKian of the Ycar C¢Nnpenuon. 3djydKawd by Rachel Loch. [50 3ttd LPO orchest
gJymat¥ur ￿ muslc Ld. Idii50r.
Si JatDts Church. Goffs Oak. Sun¢h% strtnade Concert￿1th soloists & enKYDNc$
Lowei Sthcd 5ingngc0m￿llts0n 2diudic2trd b!" IV<Si End *ttiSLS Jami¢ Bal￿r
libiaTr Cdturnl Wee& and Art Ex}￿bIt￿>n m51¢ perFumi*n£e5
Bcn Goldsthwder. Frtrt<h Horn NI#sicwclass ￿ EBHAll ?￿a so]0 reod ￿ Chyi

QUEENSWOOD SCHOOL LIMITED
ANNUAL REPORT OF THE GOVERNORS
fot the year ended 31 August 2022
'R¢bcako'. Swnmcr Tctm xhool conccry aTrJ wotkthop, ei'cnr rai5cd LI140 from tickcf 5aks
Speech Da!. IDUSIC PCTforniancc5 ai the Rud IAwn *id QH30 for VIPW.
Ovcr Chxpd mu5yc pcrl(wrnincos bEt￿C£th FrbwuATr and Junc 2n
Dram4 Dance and Mtdia
Pttforming Artk. vidt¢xd Dr*rn4 mU￿C and bv W'¢St ETh1 Ptr[(Krn￿. O(t
2021
Cajjccllitiort oFJinc Evyt dut to COVKI iThl <*Ylv schoDI closurt. D¢c 2W21
khwl Hiy. E}TC. FL* J12? ith CFf". 3 wdtum¢ T¢DJYn (u Iiyc ￿h￿Ert.
Y￿r I I CKSE Dtarn* ffudenL% ptrfiKm R¢th' bF Rnb H#mmMd. Marth J)22
Yur 13 A.Icvel DrAm# sndenis Fvform 5wcenu. M*rth 2022
Q Rcvuc- KThole Schwl Dance and Catthrer. Apiil
.￿r 12 A.l¢v¢l DrJtni st￿1¢￿￿ ￿rfL￿M a d(xumtntary dtama rWTrTing thr P(kY Office SCInd￿. M*y
2022
Year 10 GCSE Stdcnu film devised pjctts. i04Xrtd ￿. DI￿ Walhwn's World's W'orst Chddttn. NIAI
2022
Orjmi Scholar$. PrLKlucrJon of DctJnis Ktlli S'DNA.. M21. 2022
Danct IiIorkshop5- Wc5t cnd blusical Thtxtsc thorcogrxph!. tarltir 8d￿Lfig Ettyithmtnt lilttk. Junt 2022
DrJJni Ivvrk"5h￿S- Phy￿[￿] Thutrc work5hop5 ¢xtrrnal pracDlioncr% fot Yr4r 8 du￿￿￿ Enrich[￿nt
Wcck. Junc 2022
VI￿Ung Th￿rIe Company. Thc CAobc Haytr¥ pufoffl￿ Rornco und Julicr and hfxbeth to I'ear 9110
M¢dia cOfflp￿¢rt1 3. film, tn•gwnr. w¢bsiTt and ptth95fc¥rg1i
Co.CurrIc￿￿[ Cl¥bs. Drdrt4 Dance. LAP¢U)A. Nlrdi4 CticherD 831kn ￿ 5ttKYtdlin
Thtxtrc (rips tts Thc Play That C•fJes Wmr*& B*cl" m thc Futiitt and Hedd* f7*￿er
A.kvel Drama Hnd Mt¢knx trjp (o the f¢in8c FcstivaL A% 2022
5upLtb Yesu115 incI￿1X)s 6 SvdYS and l A 8r2&. for thL. 7 A.kv¢l Dt*ma ca￿11d*r￿S 2 A grnJLS In DAncL,
Sport
Our YCWKD to cOmF￿un0n hsr }'cJr tnci hy tnthusiX5m grtd ￿[redibk 5uc¢¢s> In short ?74 p14}'¢d for
i *zm. S5xm% drpTuj￿￿¢ rJn 2112 clubs ltrainin¥s¢&￿)n5. thr¥¢ w¢tr 601 17 5WLS and th¢ ti*
nwrtber ofQ ttams a ph¢nomtrt￿ IIY. The ¢dcbuttd at tht Innu￿ 5F*X￿ Al￿5 PLt$Cn￿d bv Old
. Olvrnpic ft>wet R(￿an NlcKrll#T. see a.wmrn*n' of thr main achirtrYm¢nis
cUtT￿l￿V 15 'f¢rnii5 xhDlarS. x 2 Itams In Cup N￿￿￿1 Finals A Luni ￿¥￿111ng stmi-
IinAJi5r5. L13 & U li coun￿ Champon5 s￿.[￿d tor r¢_￿01L￿s. Playndcn Doublr5 U14 chAmp5. Ll19 pl2tc
chamw. b16 YVnncr-￿ bli and U19 F.Inn nJu(xixI (bJuNo% chxmps TunnL'T%-up & L I) ¢Lmi. %4 RL&nl?ttxI
PLi!"crs. SThcrl khcA#tt plal'ing ITtr And Tcllrus Europ¢ ¥lTArbcs Icqvn'alrThi ol Jun¢or Grand Slafft).
2 Jnr Ivirnbkthin ￿￿￿er% x2. UK N(). I sch￿)1 fijr Giyls. Tennis &s¢d Im rJnkias-
Hockcv- Li12 EAsr Fin3h5t5. Ul 3 b5t Fin3listS xnd CDUlltv Cup Tharnp(bns. L14 &L".13 Ctunty Cup RutJncrs-
up. IT16 Indnnr C¢>unry Runn¢r5-up. l5[ XJ . Ezsi Irthir FIn￿LSu5. 4of E￿1?￿% Hockey ClUb.Q￿rtCr
fin￿5 ollndewdcnt khools Hockey Cup. lnth￿dUJj HcKkcv hoxM>urs wcrc ou(stJn¢bnw 2) coun(￿ P￿Yers, 2
tcgI￿￿ plJ)'¥f% and 2 intrmaiMm41 plJ!tr%.
ren£in¥ ¢nnDnUc% thnve-we hgve S rymwl pb%Yt% 2 mvemaurf￿41_
AthktK5- IX*uonxl 5th¢Jols High Jump NymTrKr l. ? 4thkt¢s placcd th mp i ac County
Charnpiunship% Cf)unty finaliSL%. fh4trict chzmprms in 3 ¥ youw. k12 IndiTriduil Di5(rict
chxmpion5, Jnr And Inicr finili5rS in Cvp-
Hc*r5c riding-wr15 Icprcynicd QL￿Ens￿l￿A In N5￿1 c%'¢Tht5. IndiiridU￿ fidtr5 hiit had succc55 Ai cuun￿.
ryonal ind n4iinnil cvcnty
NLtbAII_ 2 C¢YJntb Pla%LiS. J RL¥mx￿ PIIiLr4 l Lnyland WLi￿UL't IhL n2Dun3J
FurKball- 2 il¢Jdtmi' PhytTS ai Tott¢nham. l TSF.4 U18 Nalyonal Plxyei. Winners in 2 Distiict tuumamen
Cross CDunirV. hlid Herts rh$￿{L chthisxuns (YTII.6th1. JNR5 N2t5[m￿ fmaiists.
C.nck'ei- U135 gualified for IAdvTavemcfS Counry FIt￿ls.

QUEENSWOOD SCHOOL IIMITED
ANNUAL REPORT OF THE GOVERNORS
for the ye¥t ended 31 Au8Us12022
ifvinimsng- 6 $1I7mmeTS J¢hi¢YineCouoTh ifi hitrc h*1 so¢N WL%Nnding pefFOtmancts 41 club
leirl, ¢(￿n￿ And njucxial ((￿m￿lI￿r]I15 wih 5ruJeni putnrrni￿ b¢st in the Uiynrry fvjr in ny
L13. Jnts plactd Y Cwnti" Itaxuc lrttets Impr￿"￿[$ Troph)".
Tnps- lu Xl actrndcd ID Lr¢d5 i d#v5. 75 pattiapatrd In a HIKLrJ, Tvur ty Bar(¢h)na.
35 T<thnis pla￿￿￿5 14 loroccoii Ejycr. 8fj h1Ic *sned up Sl.1 Trip in h13Ych )0?3.
15 LIicL Spoitswjmen (ni1￿￿31 ID'c4 in Ihc tdlowing spMs-Tcnnik Ftsicin& Hwkc¥, HIRh Jump. Horsc
rodin.. Necball. Judo Jnd Sh(M)U￿.
FUTURE PLANS
ObIrrti￿ for the Fotth(ow YeaT
Ttt shRping OUT ob￿¢11¥t$ tor thc ye*r aThl pi*irung acii¥itK%. the GovemoTS h*ve consthed the al￿7[Y
Cvmmiss¢4X)'$8u¢dance on P1b￿ brnr64 indw4bi8 the ￿l￿1C brncfic nJDniryi chariry. (PB21.
Th¢ k<y obiecuY¢5 for a)22/2023air the SAme gs t￿r de¥t10F￿ duiirgi￿ j￿r. These ire..
To prtsudl¥ r¢r￿￿n n growin& sch(knA ￿4th our Il¢thodist ccntTJI r() cth05
TTr Cijnllllut Li>¥f¥>W il J wlitrt (an tulhl aThl Elill Jtl1v￿l)llr kspiJk"¢ c?flrnil
rncdcrni%t IiUT leachi￿en￿rf￿[[iCilt5 *Jl rht CweAungand devc1￿1￿￿I.$PcC dmt
11 i¥t2ximisc krirl.terslTcd I￿rnin
To drl'rlcip and ImplLin¢n( a D¥￿1 Lttrningstrarrgy kn J]1 ww15 h2Vt a <imilar ￿1￿cr on which
n Icryrn. knnong nFvWrt￿IlV A unif(KmiTh thxt ￿1) tnhAnc¢ the qxfttv xnd frjr fALr
pupil%
To turchcr the ￿￿11-E￿ing irt Order ￿ supwry wls Ind ill0￿. Them i
¢unfidLnce Is intli¥dual%. ThLI' ￿111 liam chilk.w-C is ￿11￿11L% Jnd aL￿?(M$[￿Ti. dL1¢Trninx[￿j7 ro
Ihrii'¢ In AU xspttr5 of their lil'ts.
To conDttue to dth.clop Jnli en1￿(£ Our aThJ fun IMXrd1￿ ofFci for ￿1. focus Ort CnSutitl8 that
I￿r inrcvnariiirtal f*niJltr CT Altribuit srb much Ti) ljilt culnjrnl dii'tNn'
Ti) Cl)IlEin￿lM￿i. lfviprLW¢ th¢ Sixih FIWM O￿tr bv ch¢ txcittmtni and iipwr(uniri¢'s crtsicd EM.
Tn enhinct Smff tkvtl4ytntni and rtmUneA[i(￿ (wp¢)rtiinincS Will ensute cea¢hin&cxttllcncc itrvS% rhe
CufM¢uluin
Tn ￿1(h Th¢ OQA in thr liidiKw i)t thr(M4h advic4 a
pr￿￿lE£ 5upP￿r
FtNATr4CIAL &EVt£W AND KESULTS FOR THE YEAR
Tod bncCrtnirt8 tev￿rC£S ztMMLnttd to £11.774 wiih ItsCA￿CL$ cywded amounonR Ets £112Mk. Thc nec
opetsung vesuli of the GTOUP FOY the yeay wis A wrplus of £467L (includjng ￿l￿511￿$s<S 00 invt5uxnr51 (2021
£583k surrlw which ￿clud¢d fwkN¥h It￿YMC o(L312kll. fund5 havc incrtASLd in by £467k.
rhr rotil rcsrrves ai 31 August J)22 £19118￿ £l.Oiik rckni¢S ro the rO.￿U2￿0n re5eN<. £131k 9fr t¢5rrJct¢d
TcseTve.% and £23 r¢prcscnLS shxrt Th¢ r¢m*irdcr. £17.Wjk. Af¢ 8enml rcpwnrcd b¥ fixed a%icr5.
m￿¢ up oi l)Dd gnd ￿JIldIng&
Siaff Pension Schemes
Thc Schwl L44k of pcTh5ion Dn its Ba13tKc Sh¢ci dauon to tht c105cd Schtmt.
This is luljv li￿1but3bk ry>The Growth Pkn perL%￿rn. The wll [r￿c￿ thi% bxhibtj. T)n bz%iS.
Reserves Poliry
Frcc rcs¢rycs 4r¢ dcfined as ru¢rYcs wbKb frtdv I￿1¥6￿ WKI uctud¢ r¢stricrcd fvn(L%. d(s￿￿￿d fwJd$ and
any fixcd asxei
In cornmoD other Indepcndcoi 5chwl4 th¢ Govcrtws hai'c in￿[Ca sllb5t3nti￿ 5um& thc Sthot>l *rc in
releni w and have a tEfu￿lSh￿c￿4 dcYci(ymtnt imft5tment tu dcVcl(p arKI
m*ntrin txcellent Ixibiic$ foi OUT pupjis. A]thwh the rrtt [eser￿S ate ai * rrt*uvc bAl*ttcc. this iihEsuxfc5 thc
eNtrnt of invuirnrrtf Jn thc Schwl, which li (yfflm(]Th wactscc by iThl¢penderti which hgbe io finince thrir
Own CAPI￿ inve5trn¢ni tA4nk Tht GovtmOr5 con￿d￿ w¢n thc 7triluc OF fixed bs. tht.stho
(IHdUdl￿ ￿rnC fnr ci>rc Stho(A r￿ed51. thc I￿712b￿ facility. and tht incrr&5c in

QUEENSWOOD SCHOOL LIMITED
ANNUAL REPORT OF THE GOVERNORS
for ihe ended 31 A￿gUSt 21
Currertc and projected S￿￿cn( rds, thcrc 15 no nrcd w build up z frcc rcscTrc. Thc Goyemths rccognisc that
thr IcV<l OF re5erye5 flucwar¢s dunn8 of ￿vr$￿￿tnt ID SCI￿?] and i[[￿¥eMcnts out ba#k are i
phcc to wovi¢k xn %dc¢ywt'tsfcty nci. xthd if (4￿Yed. Tr Rescryu Polw. ¢s on gn annuAI bgsis
ith CWSidcraDort ofnsk
Donationi and Re$¢ri¢wl fvnds
Thc Schwl has bccn cxirctncly lortiinatc rrcuyc ￿¢￿t5￿ dotsliDns &fts m*ny ￿. A successful
fiJndr2i5ing for (￿r Siyth FOTM tht 5th(￿ ￿(cl¥< in eXCC5s oc I Pilk in dongcion
Risk Man*gemeni
'lthc BoaTd of Gov¢rr*rfs ￿ r¢Spon￿bIt for rhe rrwiwmi of risks fac¢d by th¢ ChArit)'. A Risk RcgiStfT and
rram¢work, dc[￿li￿ 5iwficAnt risks rdAuryiD thc $￿teS5￿￿ C¢￿tirt￿ty of the Ch￿￿.$ o14"cus. ss M•in￿ned.
Cofisideraaon ofirtdiirydual risks IS dclcRatcd io the Approwilrc Commiu¢¢. which sc￿CW5 thc5C LXJ • cyrbcd b45￿.
The Board re￿¢￿5 Ihi% centrJJly (XJ > tetTnlF
The key controk usEd by thc Charity indudv.
mut ovctsighi
Riik F¢*mewn
Abyndas mifturcs for ￿ Poard •nd Cornfi￿￿£¢ mccti
Terms of refcrctKc C(JtJJtru¢trc5
Srrgwc plannin& budget1￿ and tnzn¥mtnt xCountingpTh￿au[rS
Esubliikd stniLtU￿. cklr liilc5 uf¥ep(Jrtin¥ and (vnsuItsLM
Foymzl ￿l￿1c5
Ckar iutk)ri5iuon ￿ Ire￿31 kv¢l$
Vctiing procdurrs as rLyllfcd bi" liw for￿. Pru[￿[10n oE(k. vuhx'table
'lThrough t%￿1$h￿} ri%k m8n9k￿r worydur¢s. GOV¢[￿[$ art SatssfiEd that ￿ rtUjOr risK"s Idrnrifird
h*v¢ bccn ad<qu3￿hr MID￿t¢d ¥ hr 35 i5 pracDribJi ￿￿51￿C. It 1$ r￿(￿sca thil SYStcrnS (Rn {m￿. prowd¢
rusoniblc. blliffat abwiutL'. *SSutxncL thAt mijor risks h#¥¢ a(k.quarL.Ii" m•n¥d.
Key tisks includtr.
Any siru2tion which would wc ri5C to 1 51vif￿an1 dc{￿nC in wpl Toll khod rt￿enueS. this indudtt thc
direu and indireci irnpJ¢r of 4 in(htyor4 hightr inlEttst ttrs athd highti entw. coSL*
The retnovjl of th3riublc 5UTUS for i*tdcnt S(h(
Ckatjgcs in tl* UK c¢ort<Mny Or In OVCTSW ￿(K￿MY fn)m **thich d￿SchO￿ tec￿E%
L￿Sla0vC or 6scai th•. titkn ¥Jithin the Edut*itirt settot ot the irtdewde¢Li schools sCCIO
mnFC spccilicil
corn￿￿￿0￿ frorn o¢hcr Pl￿d¢¢S ofifKi¢pendcnt xhty)I
A rykn.at(ack which itwolv¢s the ]oss of pet50ft￿ d•rA swifiundy imwcts the opeTation and
rtputzUu¢) vlthe Schoul
Goir•8 Concern
The Governors havc conydcrcd dlc P05itityn of tht bmp. thc level of Ffcc TeseTres. li9￿1[1., the 2022123
budgei and accoryanpng c15h forc(¥i. tDFthrr wth thc knng Lemi str*twc plan and the level tsf admisSlOnS
for 2023124. A5 J cowucnc¢ thc tyusttes ￿leY¢ the IS Vstn p]aced ￿ rnarr4e irs bllsir*ss risk5 succes5r￿1
d thir thcrc tjo mz¢cna) untcrtzJtsliCS in *p￿￿n8 thcgur% cooccrn for the wcp3taoon of rhc 3¢counis
Siattment of Di￿(A￿ve to Auditovs
So tat as the Gov¢xnor5 are awue. thcre is no tdcvlni •wJii of thr Compznv'5
gte unAware". glid
Thc CTuvcmor5 hgvc ￿k(n all thc thit tho (whi to havc tskcn 35 Dirccwr5 jn ordcr to mzkt
ch¢msdve5 aw#(¢ of any WJ eSTknli5h rlkit dJE Cornws. S auditots
of th*1 Informguon

QUEENSWOOD SCHOOL LIMITED
ANNUAL REPORT OF THE GOVERNORS
for the year cndcd 31 Augusi 2022
AudLIoTS
Moure ￿0￿5[￿ kntth LLP hAve itK&￿ted ￿lIkn￿$S to ry>nunue ijl offitc and. in atcotdancr ¥rith the
prowuons of thc cornw￿ Atf. if i% Wstd th*1 thcj ￿ rc-apwxnicd xuditoys for thc Cll>Jifg SfRr.
Tht Strattyc R4K1￿ wè*ch [￿rn$ ol thc ￿nDU41 RcFQ¢ 15 approved ty. Govcmot5 in th￿[ as
Dirt¢tor% In ctsmwv law of Sckn(A.
By Ordero(the Boa
lan Williams
acrk to the Governor&
Datc.. S May 2023

QUEENSWOOO SCHOOL UIIITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF QUEENSWOOD SCHOOL UMITEO
0￿M10Th
We havè audrted Ihe financ￿ statements of Queens¥￿￿ Schcd Limited (the went charitable
company'l and its 5Lthidianes Ilhe 'gmup'l for the year w*Yed 31 AugLL81 2022 %thich comprise the
Group Statement of Financial Activilie5. the Group Summary Inc(xme and Expenditure Acrnunt, th¢
Grwp and Parent CharitatrAe Company Balance Sheets. the Group Cash Flow Stalement and notes to
Ihe financial statements. induding signif￿ant accounting polioes. The f￿)an￿al reporring framework thai
ha5 been applie(l in their weparation is applicable law and Unrted Kirydom AEcounbng Standards.
including Financial Reporting Standard 102 The Financial RerMYbng Standarij aPpI￿able in the UK and
Rewblic ol Ireland (Unrted Kingdorn Gen￿alty A<Cep￿ Accwnbrva Practice).
In ￿Jr opnion the fina￿la1 5taternents".
give a true and fair view ￿the slate of th¢ group's the parent charitsble company's affairs
as at 31 Au9USt 2022 and of the group's incoming resources and application of resources.
induding its Income and exwnd1ttJ￿. for the year then eTrJed..
have been prcyety prepared in accordance wth Unrted Kingd(An Generally Accepted
Accounting Practhce." and
have been prepareil in awdanGe *ilh the requirements of the Comwies Act 2006.
8a$i$ for opini¢>n
We conducled our audit in accordan￿ wth International Standards ￿ Audiliry IUKI IISA5IUKII and
3p￿1¢8b1e law. Our responsibilities under Ihose standards are furlher described in the Auditorfs
RespJn5itNlities for the audrt of the finanoal stsiements secticMI of rmjr ￿p(rt We are incjependent of
the thanlable company in accordance wth the elhKal requi￿rn￿nts that are ￿le￿an1 lo our audit of the
financial staternents in the UK, ￿ClUdIng the FRC'S ElhiL31 Slandarf, and we have lulfilled wr other
ethical responSi￿litieS in 8cCNdan￿ with these requirements. We believe thal the a￿j11 evidence we
have obtsined Is suffic*nt and appro￿818 to w¢￿•de a basis f(Yow own1¢￿.
Conclusions relatin9 tl> 90ing ¢on¢ern
In auditing the finan￿￿1 sratements. we have c(rtluded that thetruslees, use Ollhe goiThJ corwn basis
of accounting sn the preparab.on of Ihe finan(ial slaterywts 1$ aptryriate.
Based on Ihe work we have Perf￿rned, we h3ve not identrfied ary material [M￿rtaInbe5 Telab"ng lo
events (* condrtions that. indiTrndualty ty ccAledNety. may ￿8t signffiGgnt doubt on the group's And
Parent charitaue tompany's aljlily lo ￿b"n￿e as a going (xjncwi for a ￿0d olal kasl h¥elv8 rncnth5
from v4hen the finanual ststements are aulh￿se0 fw wue.
Our respons011￿.es and Ihe re5F4Jnsbdities af the InKstees vAlh resped to g¢ing concem ate described
the relevanl sects.￿$ ol this rep(rt
Other Infonnation
The other informats'on cornprises the informalKJn ￿cthjded in Ihe annual repm, other than the financial
ststements an(Y our 8uditorfs report thereon. The ITUStee5 are responsible for the otrer ir7formalio
eonlained in the annual reporL Our opinion the financial stalements doe5 not cover ihe other
information and. except lo the extent Othe￿Se explvity *ted in oui ieport we do rK)t ewess any
forni ol assurance U)rdu51r￿ Lhereon.
Our resp(xth"li¢y Is to read the ithr Infonnatir￿ aTrJ, in dow￿ 50, consider vthether the other
inforrnation is materrdlty int￿9stenT with the fin￿claI our kn¢y•Aedge obtsined in thg
course of the audit ￿ other￿Se apFeats to be rnaterialty misststed. If we identify such material
inconsistencw or apparenl material rnisstatement$. we are requir8d to determine whelher there is a
rnaterial misstatem￿l in the financial statements themsd¥es. If. based on workwe ha¥e performed,
we condude thai there is a material misstalement of this other inlcmabon. we are required to reF#yi
that lacL

QUEENSWOOD SCHIXIL UMITEO
INDEPENDENT AUDITOR'S REPORT TO THE PAEM8ERS OF QUEENSWOOO SCHOOL LfllTED
We hove nothThJ to rewt In Ihis regard.
Oplnlons other fflatter5 prnscribed by the C¢)rnpanie5 2006
In our 0￿r*on, based ￿ Ihe ￿rk undertaken in the wr5¢ of the aLKlit.'
the Information given in the straleg"c report and the Imstees. annual Termyt forthe financ*al year
fcw which the financial statem￿$ a￿ [Kep8￿ is cOTrgs￿t wlh the fiTran¢ial Statem￿t$." an(1
Ihe strategic and the Irus*es' annual rekW)rt have been prewed in accordance with
apptrcable Wl requirerrEnlS.
Matters on whith we are requir￿ lo Trport by exception
In the light olthe krnwAedge and understanding of the group and parenl th3nts￿e ¢{￿panY and their
envIK￿rnenI obtsined in Ihe c(wr5e of the audrt. we have noi ￿en￿rEd rnaterol mtsstatements in the
straiegi¢ report or th8 truste85' annual rewL
We have nothing to reM in respecl of th8 malter5 the Cornpales kt 20C6 requlres
us to report lo you rf. In wr okMllK)n'.
the pavenl cPT8ritat4e CLknWy has kept adequ*e and suifoent accthjniing records. or
relurns adequate lor our a￿Lt have [￿l been received from branches not ￿$1[ed by us-. or
th? parent charit*4e C￿panY $ fmancwl statements are not in agreement with the accountiny
records 2nd returns., or
certain discknsures of trustees. remUr￿rali0n sFerAfied by are not made", or
we h8ve not received all the inlormation and explanation5 we requi￿ for au(lit.
Responsibilities of trustees
As explaine(l rntye lultyf in the trvstees. resFKxthlities sl*ment sel rxAon page 13, the trustees (who
are also the lire¢1￿ Df the charitable c￿￿panY for the purposes of company lawl are responsible for
the p￿parat￿)n of the financial slatemenls aThJ for t*iw satrsfied Ihai they give a trje and fair view,
and for such Intemal wntrd asthe trustees deterrnine is necessary to enab￿ the preparotion olfinancial
5tstements thai free from rnateri* misslatemeni. whether due to fr8ud or eryor.
In ￿￿ponr& the financd slatements. Ihe trustees a￿ respwsitrAe lor assessing the group and parenl
L*arilable company s abilily lo continue as a g￿n9 concem. thsdosityj. as appI￿able. matters related
to going concern and using 90ing C￿teM ba*5 acccKJnting unless the trustees erther iniend to
liquidaie the group or pa￿Trt charitsble o)mpany Cease Operatior￿. (K have no realistic ahernatNe
but lo do so.
Auditovs resp¢Jn6ibilities for th• audit of tht fin￿la1 s¢atem•nt$
(Xr objectives are to obtain reasonable assura￿ aboul whther the financd statemeTts as a whole
are free frorn material misstalernent. vthether due io fraud erTor. and to issue an audiior's rewrt Ihat
i￿lUdeS our OFrfnM)n. Reasonat4e assur8nce is a high levd of assurance. bul 15 not a guarantee thal an
audit conducted in accordance with ISAS (UK) wi13hv8ys detecta material mtsstsfelnenl when il ex(sts.
Miss￿lements ¢an arise fr¢yn fraLK1 ￿ errLY and are ccffisidered material if, individually or ￿ aggregate,
Ihey ¢wld reas(wbly be expeckd to influence the econ(xnK deu510ns ol user5 taken on Ihe basi5 of
Ihese financial $￿eMents.
As part (4 an audrt in aCc￿￿anCe ISAS IUKI exercise wofessKJnd aThJ mainlain
ofessitinal sceptitssm thro￿Out the audil. We *0".
Idenlify asse5S the nsks of material Mi￿tatement of Ihe ststernenis. whether due
to fraud or wror, dewn and perfemi audit Procedu￿ responsive io Ihose risks. obtain
audit evbjence that ￿ 5uifKient arKI apwivla￿ ￿ provide a ba515 Ic* our opini￿. The risk of
nol detecting a rnaterial misstatement resuM'TrJ frorn fravd is hHJher than for one resulling frorn

QUEENSWOOD SCHOOL LthIITeD
INOEpeNDENT AUD￿OR's REPORT TO THE MEMBERS OF QUEENSWOOD XHOOL UMITED
error, as Iraud may involve CL￿S1￿. kygery. inlentKffial omissHyB. misrepresentstions. ￿ the
override of ￿ternal contrd.
Oltsin an underslanding of intemal Cr￿11(￿ lo the audit in ryder to despan audit
procedures thai are aKJropriaie ￿ Ihe ¢ir¢urnstances. but not for the purposes of exye5yng
an opinion ￿ Ihe effectiveness ol Ihe 9r(MJp and parern chanta￿e ¢￿panY'S intemal control.
E¥alvate the apyopriatene5s of acwjnting F￿￿leS used and ihe reasonaL4ene55 of
accounting estimates and rekted disd05ures made by the trustees.
Ccfjd￿It on the apwor￿8[eness of the Iwstees. use ofthe 9Ding Conc￿ basi4 of accountin9
and, based on the audit evkJer¢£ obtained. whether a materiaf uncertainty exists related to
events or conditic￿$ that rnay cast 5ignfficant doubt on the grwp anL1 parent charitab
cornpany'5 atrAlty to continue a5 a going C￿cern. Ir coKlude thal a uncertainty
exists. we are required to draw attention in ￿￿r auditor's reF#Nt to the related ¢Jisd05ures in the
finanual statements or, rf s￿h disdosures are inadequate, lo mojify (yJr opinion. Our
K4usions are based M the avdit evidence obtsined up to the date ol auditor's reporL
However. fvlure events or c(￿YrtIc￿ may cause the grwp or parent charitable cornpany to
ceas8 to continu8 as a g￿ll9 wncem.
Evvjuate the overall pr8S8nlaliLm. $lrucbJre and CC￿ten[ of the financial stsiernents. indudin9
the disd05ures, and whether IheffinanDal 51atevnents represenitl* unL1ertyingtr￿Sac1￿)nS and
events In a manner that a¢higv¢s fwr presentati￿.
I￿>taIn suffi¢ieni apwopnaie audrt ewden(t regarding the financaal information ol the entits'es
or busine55 acWviD"e5 ￿thIn the 9roup to express an on the consdidat8(J finanual
statements. We are ￿POl￿Ne for Il* ¢JIr￿m)n. SupeNSiL￿ and perfomiance ol Ihe 9roup
audiL We remain solely reS￿￿sible for our audit report.
W¢ comrnunKate with tl*Jse charged with govemavKe reg3r(liry, arN)ng other matters, the pl•)ne
scope and liming of the audit and signif￿ant zudrt fmding5. ￿dud￿9 any Sig￿1￿CaN1 deficiencies in
￿rtern￿ con¢roJ that we L<*nDfy duThng our aud
Explanation as to what exltnt the audit was ¢ons•dered capable of dete¢¢ing irregularitieg.
induding fraud
lttegularities. induding fraud, are insiances of rYJn-CCfflFlianGe wilh laws and regulatlOn5. We design
prctedures in line with our iespc*)sibilities. t￿￿lined above, to detect material misstatements in respect
cl irregularitie5, IncludiryJ fraud. The e￿ent to (wJr wocedwes we capatrAe of detecting
regulantie5, inL4uding fraud is detai￿ below.
The 0￿eCtiveS ol our audit in respect of fr￿d. are.. lo bjenbfy and a5se5s fv risk5 of Material
misststement of the financuol ststements due lo fraud. to obtsin SUff￿ent appropriate audit evidence
vegarding the as5e55ed risks of rnalerial ml55latw￿l to fra￿. throu9h designing and
irnplernenting appfopnate re5pJnses to Ihose assessed nths". and to reswbThJ agproprialely lo InstarKes
cl fraud or suspected fraud wjentrfied during Ihe autjil. H￿•ever. the wmary reskwsibdity for the
preventson and k18lecti￿ of fraud rests wlh tdh marsagement and those charged wrth governance ol
Ihe charila￿e cc*Mpany.
Our approxh vra5 a5 folk￿".
We oblained an understsNling of the le9al and re9￿atr￿Y requirernents applicable to thè
chariiable company Conside￿ thai the rTh)st swJnifKant ￿ the Cornpanies Act 2006. Ihe
Charities Act 2011, the Chanty SORP. and UK fin￿￿al reportmg stsndards as issued by the
Financial Reporting Council
We cbtain&J an understanding of hrAV the tharitsble company corn￿￿5 vrilh Ihesg
re¢wiremenls by di5CU5sws wlh manageffen¢ and those charged vAth govemance.

IXIEENSWOOO SCHOOL uMifED
INDepENDeNT AUDITOR'S REPORT TO THE MEMBERS ￿ oueENSWOOD SCHOOL U￿￿ED
We assess￿ the of material rni5Statement of Ihe finaroal St0￿MentS. irfsuding risk of
rnalerial mtsslatemen¢ due to fraud and how rt mvjht txcur, by holding di5¢ussiDn5 With
management and those Charged wth govemance.
We inquired of management Charged wth govem*ice as to any knwn instances of
nortscomr4iance or suspected noTrcompliance wlh laws and reguktions.
Based ￿ this understarNJiw. we Oeswned specific apwopnate audit procedures lo idenb.fy
instances of ncrpcompliance With laws and reguL3t1￿5. Thi5 included making enquiries of
management and those charged ￿1h gjvemance and obtainin9 add1D(￿al corrcl)orative
evidence as required.
There are Inhe￿nt limitations in the a￿j11 prW*dU￿S descxibed above. We we less l*ely to becorne
aware of Instan￿ of non-c0mrAon￿ wth laws and regulalKJrs that are not dosety related to events
d transathons r2fiecled in the financjal statements. Also, Ihe risk of not detect¥￿ 3 material
misstsiemenl due lo fraud is htgher than the iisk olnoi #eteding one re5ullsng Irom eThor, a5 fraud m8Y
inv(Ave ddibera16 ¢1￿Cealment by. exanwe. lorgery or intentional mi￿p￿entat￿5. or through
collusi￿.
Use of our report
Thls ￿pOrt15 made solety to the chaiaiable cornpanys ffembers, as a bc#Jy. in accordance wilh Chapter
3 of Part 16 01 Ihe Companie5 Act 201%. (kjr audit work has be￿ undertaken so that we m￿￿ 5tste to
Ihe charita￿e cornpany's memtW5 those matters which we are ￿quired l(b State 10 ttsm in an audilorfs
rewrt and for no other purp￿. To Ihe fullest Extent kwnitted by law, we do not accepl or a55ufTie
respon5its.lty to any party olhtr than the ch¥1￿ble company and Charitable CA)mpanrfs mernbers as a
body. for our audit wuk. for this report. ￿ fc* Ihe Vrt have formed.
1lloow
Date 30 rw
Shivani Kothari (Senior Stalutory Auditor)
for and ￿ tehaif of Moore lQ'ng$loTh Srniih LLP. Sta￿￿ Audikw
9 Appold Sl
London

Queen5wood School Limi
Con501idaced Sf¥¢emenr OF Financial Ac￿￿tieS (Intluding income and expt￿dirure account)
FOT thc ycar cndcd 31st Au£usr 2()22
Unres¢ri¢¢ed Rejttictcd
FUTK
FUT￿
Totsl
TDtaJ
zou
INCOME FROM..
Dfjrt>Dons Ind I¢8¥￿>
Chan￿b￿. XUVJLKS
School fee4
48.445
52,149
517,082
I l JS3J84
1 l J53.384
10.(H8.485
Tr*dit)g ￿[n￿'￿tr. EniLXPtI￿
Irtvestmrrtts
InvcStm¢llt irtoJYIE
Other inwrne
305.445
205.44)
38.890
567
l j?563
9224
l95 475
Toral Tn¢rme
1.715.4&3
iR.O
11,77_1552
10.A(V15
EXPENDrru4E ON:
Gener•#ng Funds:
Tradirtg cxwrtditute. Quttnsw¢MMi EnItt[*￿ LDJ
lnve5u￿rtT Iqxnwt c￿ts
86J69
46,382
2,769
49,151
1972
89,341
Ch*rit*bk Activiti
Schod *ctiwDc%
MulPrm¢ncvn P¢LrtgSiL
IlJliJ
11 j7.74
11312.336
1157.747)
IOJ21055
154.847)
TO1￿ Resowces Expended 9 ￿1￿958 ￿972 11.24.1.9.ID
10.116 359
Ne¢ Incomcl(Expenditwel brforc
4745JS
iS.l17
529,622
491797
.Net 8ain%lOthssos) ¢M) Lnves%riien15
163,Oi31
lfi.).D5
89,893
Ntt Incomcl(Ewditute)
4749)5
(7.936>
466559
581690
Trathsfers berwttn ftsndi
21122
Net movement in fund• lorthe
4743)5
(7.936)
466369
582.690
rund Hintes at I Septtmber ml
759Jn
18.621204
I8￿)9J74
FUND BAtANCES af 31 2022
18J37J37
19,088.773
18.621204
AU KDWUC.4 derivc from
AU SAins ind iosscs (ecoKois¢d ￿ thc }ygr •rc dJESrarcmrniof FID*ntizl Atsbitit
No corSSDtid*icd ur Jn&vidug1 coKnw> yorii 3nd1055 XCOUllts prcparcd z5 thL' ItanS LD k (knsd(*cd wEl￿n
those rinxnci￿ swemenu Ire IncopMJtcd inTQ the Sutetiient of A(D¥i¢￿5.
FurthLT dew15 of TC5trictd funds afKi urtrL7ti¥Cttsl Funds 9rt yi'en in )) 21.
The accfmpgnyinx form wr of thc5c finanr1￿ 5ratcrt￿1$.
Thcrc is rho &Ffrrcnrt btLwttn tht profit Or OrdinAry *UiiiLieS beFrJwC •rbJ the rcrn1r￿ profil or &)$5 for
the veax suted #bove d ¢heir h15turicai C(￿ cqubyaktt
19

Quttnswood Schoul Lirruied
CoD50b'da(ed Balance Sheet at 31 st August 2022
NIX¢
Tan￿ble zssets
1n¥csrr￿e￿tY
10
23.108,432
21870.511
441.435
23.482.939
23Jl 1.946
33.969
391,44)
D¢biots
Cash at bznk and in h￿d
14
351.034
777J69
1227.766
1.163.(hSI
LtABTUTIES
c￿a￿￿ks." ¢tmovnu &.
Ihjn one ye•r
3.411131
3.(￿2)2
NET CURBENr
ASSETS/(LIABILtTIES)
IBiJ6
21297.574
21.3BI6
LiABILITtES
CREDITOR&. [•lil￿ due
•fiermore than nne yeAr
licl
Q16i,136)
11559.0711
Provisiott9
16
4J.&65
?.41
TOTAL NET ASSETS
19JI88 773
18.621204
FUNDS OF THE SCHOOL
CAllcd up 5h2rc capitsl
RcÈtsicted fuThd
Unrc5tricted:
Rcvaluaucjn rcscrvc
Genet
21
7il.436
759.372
l.(Tri4 ¥iG
17282.4i8
,054.B56
I6.￿7.95)
TOTiL FUNDS
18622204
Apprwcd ￿. thc GovcrnDTS /vth0ri5cd for wu¢
aftd ygncd on thut &h31f b).:
H.I.&Sausmaie2........
Rcwstrntion No. (O)40i61
'Th¢ xcompgwinbv now'5 frKm pgm of thr5¢ 6nartuAI 51XLThilfS.
20

Qtseenswood tinuted
Bajante Sheet at 31 st Au￿St 2022
FIXED ASSETS
T•￿￿ble 9ssers
Jnve$unen(s
23.108.432
?74￿.
23.682,9J9
-21870.sl I
641.43i
2Jjtl.946
CURRENT ASSEf5
Stock
DEbwiS
Cz5h it bznk ind in ha
12
14
33.969
348.728
33113]
34.058
333.048
.152
714.8J)
676258
L￿BILITIEs
Crediror5.' Amowits
nthin nne y¢ar
-m2.6
NET CURRENT (LIABIUTJES)
137? 78
TOTALASSETS LESS CURRENf LWJIirnES
21.055.140
21.lJ9,158
CREDITORS.. Amowjts f4]11￿ due
riermnrt ihan ont year
Iscl
P.16>.t36)
10
43.665
11.41
TOTALNET ASSETS
18.846J39
18J78.67i
FUNDS OF THE SCHOOL
Cgued up share capital
Restricted fiLnd&
Unre5tric¢cd..
23
759J72
21
751.436
rcs¢tve
1,054,8i6
I,Oi4.B56
16.564.424
GcncT
Fwids
lil W.339
111.37¥.67i
A5 w¢¢ed bv 54(W COMP￿leS Act 2tW thc cotnwi Jmjt P￿￿tEd its Intfmne statcmrnt rcknted Thr
corn￿ny'S s￿￿U5 for thL' }i?r w15 £467.664 (2U21.. £62551
S aAJag
Approvcd bTr thc Govemots and *uthwised for i$5ue on ....... ......... ...... . .
Ind 5wd on Lh¢ii bch￿[br.
H. J. de S•u%rn3rcz....
T GarnhAm
Comwy Rr&%tr*tion No. rM)M0561
Thc AccompD￿l noELry f(brtn rytof thtsc 5￿￿1￿1] 5rJi¢mcffli
21

Queensw0￿1 School LiTni¢¢d
Consol￿1[¢d C25h Fluw Statement
For thc ycar ended 31st AtsgusE 2022
No
Net genera*d frorn or*raling aLXivilie&
.014.959
691579
Ca*h flo1￿ from investing aoivitie$
riicd Assct iid<huons
Puichak of1nYr6DncniS
Pr<J(ccds frem s￿£ of fixed Jssots
PFiKLuls fr￿M Vf1nv￿trrlO1E
DveTbrnt In Inve5mieftiu5b
Inyestmcnt Inremc
Nei Cwsh eenev•*d in) iavc#iDg aLtivititi
U69.6861
166.910J
{137,638)
111860)
,978
PO2211
10.011
9.8)3
5.776
9,224
(75i.828)
1125.6451
Cash flow5 ftorn fin•nEI￿ #CfiYitiCS
14.63
Nti inctt¥se/(decrea5el in cash and 4uivaknts
IZM,144)
14.632)
Nti incttasel{dectt•s¢) cash ¢•sb quivxlEnE#
24.987
352J02
Ca8h 4nd cqui*thn¢s ¥1 the Sfall olthe y
777J69
425,067
C3xh And ¢**h equi¥#kn￿ at the end of the y
Caah and Ca9h equivthtl mA•iStsol:
2122
Cath in hand. and at bAt)k
(htrdraft f*aliry
801356
,.356
777J69

. Queenswood Sch￿1 timited
Notes to the Finanaal Statements
For thc iear endtd 31si Augusi 2022
AccountinB plicies
A Ctsmp*w infomi*tio
ThL QuLLnswvLNI School Tjmira ffk. chari4'l 15 limiTd bF sharrs Iv￿￿T￿￿￿tcd in E￿lAffid Wak* Th. w5rerL
offitt IS Que￿$WO(￿. Haifi¢ld. Hcryfordshirc. AL9 6NS
Ba515 of weparntiotl
Thc5c financ1￿ &tatcmcnts have btcr> Pt4Mrtd in xcco¢darf£ with FRS 102 Tr Fin￿1)￿ Sun&rd ap￿leah* in
and RL￿1￿[ uf I￿4artd. (FIIS IOZ) the rcyuitL.rrKryifs uf th¢ Lyrnwi¢5 2￿6.
Thc Chant¥blc C￿￿￿n}. and iu 5uE0idi￿j. are a wbbc kn¢fitsYtV 2sdcfincd bi FPS 102 dycloro thc Chanry ￿¥>
pr¢wed its fingts(13] st3trmthts ii) attotdantt tht STatemeni olRecoThwn•thd PTrcvce wlicable w Ch￿tIeS pwaThnlt
thcir accounts irt atcordantt ￿tith the Finaficial Re￿rD￿STand￿Td *ithle the L.K R￿UbliC of lrt13nd lTht FRS
102 Chatitii5 SORP). thc CoTnpnirS A<r ￿￿6. hcE 2011 And Ckninc5 A(c(wJnts (knlxn(r) Rwla¢ion5 2[￿)6
as arncnded b!'The ChanDes Accowiis (&oyJ•md) Amendrncni (No. O RVI￿r0 2014.
The fin*xig) att prrywed in siedin&whth is tht fi￿CtiOn￿ currcng. of the cornwv. Monctsrtr am(yJn¢s in
rkse financiil S￿l¢￿enl4 ire rwn&d io thc ncarc51 yrKI.
These financi￿ starcmts715 are wcp•red on th¢vy￿¢0nc¢rn un&r thc h]sttiric￿ ioSto)thvtntiOn as modified btr. th¢
tL*.￿ul￿un vf inv¢sunLffirs gnd in accordart<¢ with d￿. Act 2(KhS and appbcablL ZC(uuntifftg slindids In thL
bnird Kingdom. The wn¢1￿¢ acc(Tunury whKh bEctb *ird conSIsLrn￿V thc ytrai. %et Dut
bclow.
Going Concern
'rh¢ fIn•nU￿ $tatcrncn¢S prcp*rtd on i gtiingttm￿rn kn$iS. whKh the company ￿111 cononuc in wraDonal
cXl$ltnct ftsr fht Fuiur¢. Thr Gv¥¢ti)ur5 hdvf 4SScSSrd *knh¢r thr US¢ d thcbwm¥ ¢O¢K¢rn b￿- IS 15 ¥PrU￿￿¢t
Ind havc C0ns￿trtd w)$5ible tvents 0¢ c￿￿j￿￿On$ thar c25r yyifJC•nf thubi on thc thlir>' of thc Cotnpw ￿ conynu¢
$ i goingtontLtrt. ThL ￿%.￿m[￿lS wes5Ld whLthLT thc u5L uf thc go￿8 conccrn bg5is ￿ wrvpri3tL" Ir￿ hziL
£on*deYed p￿sible even£% 0¢ conditions th¥1 rnwhl u%r wifjcani (m thc al)I)i￿. of thc charitahlc Rr(Jup tn IDnDnuc
a80irtg co￿¢￿. Thc ￿et￿￿or$ hAVC mjtk this ￿￿rn¢nt for i of xt Icz51QllE iur from the d￿￿ ofapprtsi'AI of Ehe
fin•thcigJ s￿r¢m￿n￿. In th¢ wv¢rnor5 haye con5id¢rd and chall¢n￿d ￿ chauLibic wp's fui¢iaSts And
ojecuons. Including c3th rlow5. proFciK>ns and thc bkclj impxroFF￿SsUrts fee Income. The ecOn￿)C oudook
r¢mwrtS ynccrtwn 3AJ Is knng Jmwrd b% inflation. ci*rwJ" cosls and P4J(￿lI uthC<rtaint¥. Trs¢ ¢Ould h4I'c widcr fin8nci•l
impknc3UU05 2mpci m future pupl numt)tt52nd the ib¢liri uf ihe ilmP9nv rv¥eimie Ihe itiiwje Ailevd5
cOm￿rIb￿ to prLviOuS }VAt%. Howevet, wc Shou￿ a150 ¢c£yiY ih*( thcic bi% bccn an incrc35¢ yn pupl roll io bry0￿ wc.
&mic kvLl% AftL'T m3knfft8i￿Wn￿s dK' t￿￿1￿ rev￿￿ vnd¢ruk¢n by thL gv¥cmors and Y)1￿ thc)"
haveput in pl*tt hive kd ¢0 cortclude there 1% 2 ryqhijbk the(h￿r)b￿￿Ollp hz& zdyitt
rC50urcCS ÉO conDnue Jn opctyuonal cxi5tcncc *nJ mtci onpng1i1￿7ltic5 for thc foresccabk fu￿rc. Tht chariublt gtyoup
th¢rclo￿ Co￿tinU¢s LD
thc wn8¢OtKr¢O in fix]an￿ 5ur¢xrynt5.
Basis Dft0J]￿lld#ti0
'lThc rOn501￿atcd finafit1￿ s(at¢moits incop?nrc th¢ *$5crs and lu&litic5 of Quccn5wo(xl timitcd thd ￿1 of
IL% Suknthatics fur th¢ !Th¢. A 5rpar•ir 5Ufgmmivf fjrwxj￿ fur tht chztity. it5dlis knauS¢ th<
£hattLI h*s (aken thantag¢ of the affordcd b>" M)4 ofthe SORP ahd scttion ￿0[ th¢ Companics ACL
Irtcomc and Expendiiure
All Incoming and ouwingTc50wccs 3r¢ xcountcd tht a(¢nllls bASts.tx£tptwh¢tt othertytsc stttcd. t4aUC5 arc
recoRnised Jrt the SOFA, where the ch1Th￿ [K￿rIEd ofan itryxnknnRdlstributi(￿I and the amount thtte IS t¢￿>Tha￿e
CCTtsinry of thc IC8aC￿ b¢1￿ rccvvcd Firmncial lixlMliiiEs zrr rc(wid thr charity inturs & OrcofsStTuCDVC
ro dLLi%cr c3sh or gThxh¢t firAncd a55¢tto puty.
D School fees
Fcu ir¢ rtCW15cd in thc ￿li[￿l lor the s¢twct i% Fee ¢n¢nme Is %raied aftetdeducDn8AllrJwancu.
5¢hioar5hip5 othtrrtrriS*otsS b￿anted by the Sch(￿. kn¢ iodw*u>nmknuons fmm RLsuicwd Funds for
Schloarship. But￿ric$ and othcTPIts.
23

Queenswood Sthool timired
Noies tu the Finanaxl Sratements
Ftsr thc yttr ended 3151 Atsgusi 2(r22 Ictmunued)
Don•rion
Donatsoll5 indudcd in IhL jur if* whKh dw"aJL' fcCo*vd *nd ITC ih(Iwlcd as"unrrS￿rtd hnd*- unlcSS uth¢rwisL'
5tspulatcd. Donation5 rcStri¢(cd by th¢ $F<if￿ w¢sl*s 0(the ￿)r￿[s ITC (zkcn to-frStri¢Kd (und&"
Re40ur¢eÈ wdEd
Rc50ui£es cTrcadtd ite accou0￿ foroll an XCTr￿1s lknry are re0y￿ed when thctc is a consrtuctivcor Icpi
bknpllon w WA)" for Ccrywn uw¢bturL ￿ ¥p)rryotKd w cosirAwncS b1￿ OTh tht cNimatcd amounT
*tEnb￿[?￿l¢ w Ih*i acyviry in thc PF. tsrimiicE irc ￿5¢d pn sraff tirnc or on fkxjw Irci IE Zpprwa￿ The
Irr¢¢ovrr3blc ¢luJKntof VATtS Irtd￿ with tkn ittsn ofttfth5c ¢0 whrch ifvd#rt
G TAxition
L.ndcr SC(tM￿ SQ3 of thc Income )￿d Cowrnllon Txxe5 1988 thc Comp¥y is o¥crnpr fr(xM tsscs. full ¥cowitl8
r3kth of w crcdits #1￿Ching Lodowiion orwJLY g¢fi Aid anadlY￿end& The Compw's subsi&￿ ￿ 5ubjccE Lts totwratiDn
tax.
L O PYOWSion is rn*de fotdeferr¢d Watir>n vnthr rR519 •$ ¢hr Wbsla￿ EntUPri5C5 L￿)
j[% Innuil ixg#blc re th¢ CJ)fflpany.
H T*n￿ble fj¥ed ￿8¢￿
All unybl¢ fixed J55Ets hdd b*. the chllitv aTe fr￿ chariiabk wtw)ses are Shown in the Bal￿ Shxi at ctx¥i less
actumula￿d deprttiaufijl gnd 9ccumulaitd Invr￿n¢ All *4scts rrntinRrnr>TC thzn £1,(￿ arc apdiscd. thnfic
CosunE kss gxc Writrtn &f in th¢ ¢Jf WVi5iDQXJ thcy foffn knrwprqccL DcprcaAiI￿ 1$ wd¢d on xll
Tanpbie f￿￿ed 9sseL5 on A Str￿gh1 lincb•sJ5dcul*td to￿ll￿O￿ thc iostoytrththrexpectcd lives as fo¥ow&'
Planiand motorvchide5
Compufcr EqviW￿llt
Bcrwccn 2 and i
Frt¢hr>ki land and buildings ¥s¢ tuncDottai 9Jid arc thrycfoY¢ th1￿0 y C05L ThriTi7J]uc i5 ￿n￿nedb} a fu]I
ptUKr￿nrn￿ oltepwt ind iewi'•iiun and Ihe lY￿k vJiue is Subsrgnolty kss thzn preseni I.￿Ut lur insurance PVip>Sts ol
*PPfDXbmAtcly £81m. Ihcreforq sw> fnr ￿rEciatI1)n nn tht (Tttknld land and knildifi￿ 15 m3¢k. The fr￿hn1d
bwlthng5 fL*￿￿ca Annulus toriny iry1￿n(.
All assets &f ihc chattLV ate ￿ld for c￿1￿ble ose theexw4ion of those hEld ￿nIC[Pl*St5.
Fixed assefs IILVeSttnents
IJSEd invcs￿cR[s irc xt rnlTkr¢￿IuC xtVL7fCtd The SOFA indth (¢alivd and ￿￿￿15¢d gwtL5 *Thd1055￿5 ari%i
from thL' riv￿￿￿0￿ of thL invLsEmcnts in thc pr.
Intcrc5tS in Jubsidiaric5.tss¢￿￿EcS atsd i(xntty Ilx)tmllcd ¢Duocs atc ini(wJty ¢n¢Wfrd ar cox rncasurcd #t
ost less an}" arcundxtcd impbrmeni k>s*kThe intcsunCn￿ are Isscs5cd for ar cacb rwtsng datc•thd ￿).
Im￿M￿lt loSScS Or Ttyetsals LTr(inF4im*ni krfse5 9re wi4ed unjwliith in thr SOFA.
Sictks arcy￿U¢d x the ]owcrof ncr ruli5Jbk vxlut.
A55cts hLJd un&r f￿an(C IL*SL* which irL k*scS sobsran0￿lV thc ii5k5 and fLwad5 uE¢ywn¢rship olthL' a5*1 hav¢
d (o thr ￿p. Ind hirc puYch2scci>n(AilS CY￿1$¢d in th¢ 5htct3rKI (kprecizicdovcr the shoritr Df thc
IL7St ierni and thc ¥SStes uxful IJve5. babAlJt!' ￿ W5cd For tht lower of thE fzir valu¢olth¢ I￿¢d asset
and the presenivgiue of the Yninitnutn Icase ￿￿¢￿[5 irt thc Idan(c shecL irJse ￿YMe￿Ls are be￿gen the
rcducion of thc Icw ￿3b]ll￿and firènccthw ijb the irKomt sttLemtsiisoa5 ro ac￿￿￿C a con5rani of itilErcSI l)rt Ihc
rum￿￿1￿¥ of thL li%biliti.
Rethi￿$ ufider yt*DfJ le2ses. an> leax inryniiye ￿¢¥¥￿. arr rhuFd to lh¢ sofA on a 5ti7?¥h¢ b'nc
basis o%'¢r thc IcrTn oFihc rel¢v3rtr la%c Cx¢CW whu¢ anthr mN¢ s)3trrn*JE ba*5 is morc rq>rcscnutivC of thc umc
trL"tn in ¥<onomic fr(4n th¢ 35S¢f I￿[￿1￿￿C&
24

Quttnswood School ￿n￿ted
Noies ro the Firanciai Swernents
For thc ycaT oided 31si Awt 2022 (continucd)
L FinaMial AGsct6
'I'hc ￿MP%￿Y has clcutd io apply tht Ot Il'll￿￿ Ir￿￿j￿r$. ?￿d 12 ￿th[r trirunc
Jn5tnunttsts l%sucS' tsf FRS 102 ￿ ajj of iu finWO￿ insUWneTh￿.
Fifftanci￿ 3SSrts rr¢ugnis¢d in thr CEMnp4m}'S P)siiiw whEn th¢ ¢u¢bWj the
c0nltactu￿ provi%ion% of thc insrTuJncnL
Fift￿(1￿ 3$5Ct$ and biknliors Ire ottse4 QryEh the gJMwn(5 pfLwwJ JD the fifi•tK1￿ SaLrm¢fft￿, thrY¢ is * I¢￿%
Cnfnr￿1blE riÉhE to *ei off thc tccwid 3moyny thcic is 3n inTcntK>n ￿ sctdcon * t￿[bl￿$ Dr ry) rdi5c thc i5sct and
Financial a5scE ¥s¢ cl?ssificd inm 5￿Clfitd Thc r1asy6ratil￿ ¢kwdsrJn thc nahirc and p]rE￿e of the finantial
assas and is &wrwned ai tht tsmr of
Bwc fIt￿n(l￿ 1$8¢ts. vAuih indu(k ttad< and(thT ￿<*7¥#bIr5 artd c#5h aTrJ bAnk b￿ant￿l air sniuall)" m&isured ac
EtinsacDon Pmic includifss van41£1iM COW ind *re Subwendy Ji amDnif¢d u¢iry ihc eFfxnve intere
mcthud. utdc55 thc arring¢mcnr tsiasuwfcs ￿ fits4noo8 tr•nsxutin. ¥thcrc zhc rran5aCODO ￿ musorcd ar th¢ wcni of
thc fijtute rec•ptsdsscounffd ￿ a ratt of ffjT¢r￿ Othu fittawial 335¢￿ dassified •5 f￿r v•lw ihm¥h wofit Or loss
tc mc*4urcd ac fwr v￿￿C.
Loan6 and rtceiv*bles
"I"rd(k d¢bt￿5 oihcz rcCrJ￿b￿￿ thai havc fiT¢x4 or dLyCrrntnl￿l thai r￿rquOrL.d in ￿ ZEtsYc
•rt CI￿1￿1td as Jnd [¢￿Vab￿s.. tATr*n5 [rr￿abk5 arc ttieL%utcd ac *murriscd cv5Lu51ngthc effc¢tt%'e IntetrSL
m¢tknd. Ic55 IM￿17M¢￿1L
IoictC5rA% rccQyy￿d bi. appl}?ng thc cffrttivc ijlc. cxtcpt for short-tern) rCCetb3blcs whcn thr rtiwitirpn of in¢crcE[
Wuvld &. irnmxwyxl ThL' Lffcctii'c iaicYLS1 mL%h(O 15 A ￿￿thOd of cil(ulAtsng thc AmortisLd c(>5f of a dLbt instrumcnr and uf
aliocattn8 thc intcrcsl la(0￿C over the t¢le%.Jni w(d. Tht ¢Ef¢ctivc intcttsi 15 thc rxtr thxiexacdy (bscounis uurnl￿d
future cash rtctipts through thc expcucd ljfe of thc debi irt%trwwfJl w th¢ nciwng #mourti on In1D￿ witM)n
Itnpairn*fft of financi￿ auets
Finznci*l HSS¢fs, u&r th4ft htld IT fait aThd kn8 a55¢ssty4 for iDdicator50f MI￿t￿lIt rAch
r¢po¢on¥ end daw.
Financjal a5sCts Irt imp*ircd wber< thu¢ is d>jcctivc Cvid¢n¢< th94 as i tCSvl¢ vfonc tjr mrrt C¥tsl(S LhAt ￿¢01rd ?ftrr thc
Irtili￿ rriwitK>n uf Ehc finznLi4 zSSr4 thr cslirnatcd fulvtr Cxsh IIVWS h#ve iffcffcd. Thr imFrtirm¢nr IVSS Is feLWStd
in profil or h)sS.
ne¢ecwtson Offi￿ncIaL
FI￿ncIlI ￿set5 Irt dtrcCu￿l5Cd uf*ty4theD the to the cath tN)ws ft(Mn the asset vxpitt.or whpn IT rraJ15fers
thc financi￿ ¥5Ct and SUbsttnu￿lj ￿7 th n5ks and rtWaYdsof￿￿r* w ￿￿c￿en0[￿.
M Fina￿131 lial)ilitiCS
35ic fin2nU￿ liabibtics aTC Initi￿1¥ methircd xt Utiless the ￿¢￿tr)L¢(￿￿u￿lc5 * fsn¥Mng t1￿5￿U0￿.
hcrc thL dLbE In%trutt*nris m￿u￿j aT ￿. pwrSLili valuc ofthc rerLiPts th5COUrtWYJ #ia markL'[ rxiL-of It)￿rLS￿.
OdK'T finatttia] knabibriES fwc thiTheh ptts6ror k)55 4¥¢ fDC3Surd ar iJlu¢
Other fin*n(iai li*biliue•
Othey fin)nCl￿ IiknitsDCS. arr mcawrcd Ji fw vaJuE Jjci of transatthf>n Thcy arc wbscquthdy mL￿￿red ai
smorused lh¢ cffecntrt inteTesE meth￿￿[h int£rty exrtnse te£￿￿ed erftttii't *tld IASIS.
Thcef¥tttsvC ttKCrCSI mcth(O is 2 mctknd of ¢a)cuiaDaE rhr Am0rri5cd c05tof a final*￿Aj li3biliry' and Df 2lloc31ing ir>tcrr
¢xpcnSL' Ovcr thc rtk"¥ani ￿riOd. Thc cffLCQiV¢ inirtesi is th¢ that cxxdj di5¢EN￿￿ ¢SDrnattd p)Trcnt5
thfough the trxpected life of the fifj3nc>￿l￿lXllr¥ ro the rer wng3m(biLniw inLts31 Te¢tyiiion.
Deteco￿l￿ort of fi￿￿tial Jiabijititg
Financi￿ babibtl￿ (kr￿V8￿S￿d whLn. Onl￿ tump￿¥.5 oblieauw disdW tancclltd. or thLI
expire.
25

Queenswood Schwl LiTnited
Noies to the Financial Srarements
For the ye¥r ended 31st Awst 2022
(coniinutd)
N Ernpltyec bentfjts
Tht C0¥5of $hott.ttm) emk4DyCt kne6ts art ￿"￿￿1ry￿￿l an
Thc CO5Tof any unuscd hoh"* aJtidcmEnt i% rcCC*knScd in thr pciithl in whi(IL thr cM￿V￿￿e.s Se[￿(C$ irc rc<thVtd.
Tcrtrun/uon knLfits arc immcthatdy as an the o)rrywiS (kiTh>fiS￿b]Y comftx(rLd ￿￿'1￿]in*t£
the emploimeni of th emploirett to ExO%'wJe ier¢wrriDon bts7efi
O RttirtmEni bttttfit8
Thr G¢oup c{￿￿]bu￿$ wAvJva and *)yJther5th¢in¢ run by lThr P¢n5L1￿&TrU$I the5¢ afr d¢fitxd conthbutsv
hunes. The fund5 for thc5t schemc5 Irc htld i￿(￿n¢ty af the GYoup'5 fund5. In Kwf¢kncc ￿{h FRS 102 28.4QA
the wp accuunt5 for th¢St (kfirtd Contiibutiun schrmcs. kn nDtc 24 EUE fthll d¢[￿1
Criiic*I c6um*rc5 tudgemen¢s
In rhe applicaoon of ihe cowy's A¢wwJDng pDh'cie4 ctxuKil ￿red w mzke iudgtmen(5. esn[￿L￿$ and assumpti1￿$
•boui thc carrying *rnount of ard knibilitie5 thit art not rexdily ZPFArcnÉ frtffi) othL¥ Sourtcs. Thc esumi￿$ and
155atiJted 355UrnPtiDnS afe bwd afi hi5twd and ￿h¢r fxwr5 thac Irt L* ttkvaThL ie5uI
MAY diffcr from ihcse CSUm*ir
Thc c511mates ￿ undErI￿ry arc (tritwcd otb an RcYiS#Jti$ 10 K¢OUntifiB cStittiaLes Are reco8rtiScd
irt thc pcriod in whith the CSUnML¢ 1% T¢Yiscd, If the r¢￿$￿￿¢ #Ffcrn otbly thai perm￿. or in thc pcricd of the r¢vi5ion and fuNre
pen￿% ilthe Yevi5ion 4ff¢a5 both currrpijnd ￿TUre prri&l5.
Tr cstimare% &&%umpuorL% which h¥Y¢ i SI￿lfiCan[ n5k of ￿lustr[*￿t to thc cary51￿ tsf 955Cf$
snd bibthrie5 9yc (￿l￿ncd iAow.
Ciitical jUd￿Me￿I
U￿t￿l cc(mfimic liv¢$
Tr Annu￿ dcpr¢¢i¥nrJt) for proprytr.. plant (￿t is Stnyuvc chws in thc Cstirnatcd usefill Cconomic
and rcslau￿ of thc u5cts. Th¢ us¢ful lives and rcwdual valucs art rt.tsstssed #finv￿ly. They Are
amcnded whcn nc(c5Mt) W rEflcct (utrcnt esurnALc4 bzsed on knerneni. ￿t￿re irsvesunents. tconom
ulisauon ind the phyycal MNliti(￿ oEthe asg¢tL
Pt￿10￿#
The ¢Uznpans' makes an CSUrniLe o(the r¢¢ovetybie iJ)ue of Jnd (thtdebiors. Whttl 3SStsSing itnpwrmtni uf tt2de Ind
other ¢kbtor5, m*¥fflcnrron5i&rs including thE currcTht crc¢lit thc (kknr. thc wofik ofdcbtOr5 afKI
hi5tvnc41 kn. n(*L. 14 for th¢ nct carry￿ xmounT vf thL' ¢kbts>TS

Queenswo(A Sthty)l Li￿t
Notes to the Fin2ficia] 5tatemcnts
For thc ycar cnded 31st Auwt 20T2
{coniinutxJ)
Incomt from <h*iit#ble ￿tI￿lI¢S
Schth)l FeeB
24Z2
Gtoss fc¢s
Costs 0[￿nera￿l*. Fu￿$
COVKI 19 Thscount
Tud burSzxi¢& scknlatships andbrnifs
Other di¥counts
11764.Og)
I lu20J7j
(241.1
0.067.7
163.0
,410.666
.471,89
1fl Tr48.485
Don•tions and legxiy4
Unr¢siicied [￿ndS rtttiv
Restticted hJn¢ts ¢cCttYtd
Furlough Iniumt
24.1¥?
180.440
31?455
48.445
804
i2.14
i17.(K12
Oiher In¢ome
2022
20
Othet InctrmXn8 Rtiourtei
Rcnt rcccisxbk
Oiher
70,953
67.697
1i2.56J
19)475
2021
lo[£r£st on cash tjwi
Ocher inteTe51
367
91
On ￿$(Ld invcSm￿nrs
9.133
T(bt31 InvestTntnt Income
10.01 i
9.224
Cvtnup dircci chariuhk ¢xpcndiwT¢ jncludc4.'
DLprcUADO
Ptofitl (Lossl ¢Jtt dist*￿ Csl(*ng¢bk ftxed assets
Auditors rctnuncrAtion Itsrt OFVAT)..
For iu&i- Scho
- Eoierprises
For other s¢FYiits
i31.761
447,334
16,750
4.125
4.914

Quetn$wood School Limjted
Note5 to the Financi￿ SLqtemcnis
For thc pr cndcd 31st Awsi 2022 {continued)
8 Emptoyccs
*) Aver3F TtWJnThty nwnbÈr of crnpioyees (h￿-ll￿e eguiY4Jcnt)
Th< numbcTOlpetsot￿ a￿v}￿d by wup duTinKth¢ WI
Costs of ￿nC￿U￿8 fijnds
Fdl ome
- hrt rimc
YJ2J
52
17
17
Admirti%irntion, tcchnhian5.tst*TC Jnd mlirttrng￿e sr*ff
- FUD
PAri llfflc
IFTE)
59
173
170
'n￿ ofsiaff eTnplovtd duw¥thr was 224 <20X¥. 245)
b) Analysis of o)$
2JJ
Stsff cO$tS <knnngthE pr.
(388245
61483
592.7>4
?09.910
6,OX1,597
4,141
%3,Y34
l.(O5.1(
RcdundAncTr cts%￿ l OncSr*ff ay4 rwo &zEF2D21)
Souai s￿￿u￿￿' Costs
Pen5lOn (QJIS
7.753J92
7?)3.7
Tyainiw health & safer).. f¢u￿UneTrI
In PlSiOn pr¢>viSi(xl
114.720
1157 74
154.84
7,71OJ6S
cl Employte costs
The owiiber uf hiKhet PgK4 empk)vees
£60.￿)1 . CIO.L
LIO,WI . LBO,((
).Tr)i. i￿.0[￿)
,001- £l00,LU
£1 IL).￿1 . £12U.txiJ
£120.￿1 - LiJo.n(M)
Pcnyl￿ COnDib￿li￿n3 1fTroUnti￿ to £60ts21 0121.. £96m wcrc rnxdc for Six W21.. I￿gher wd ¢mplwrek
GovernorS' Rernunera¢iO
Govcinur5 Tcccivd in)" crndumo)￿ in the Fcai Cn￿ JI 202Z P021.. nffj and GovcrrKbrs i￿luded
n thc r￿M￿r of p¢¢sons cmpw thovc. On¢ Gov¢rnor wa5 up¢rw5 in 2022 £Bi8 la)21.. £0).
Kcy Mznagcm¢Tht Pots(m[￿l
e}. tllaSWLmthi E*r5￿nd ir￿1￿￿. t￿. Gr)Yenors gnd thc 5cnior eKeclltiYC5 wh*h 3fL' madc up ulthe Priniiwl. tlK"
Bursit th¢ Lkpury Hc*L%. Tht iool pal bcncfits rcceiked by kty mrymcnt PeT￿n￿e1 W¢rc £i43838 (2021..
Lifyl1281. faur mcmbct5 of thc kcy mzr¥mcnt Pe￿￿￿¢1 Ire Pro￿¢kd w)rh FwC¢ ￿C￿mOdI￿¢rt In o¢d¢r y)
cnablc ihcm io un¢kr&kc ¥xrific dubrs foTihr 5tIKw)I V021= [￿￿¢1.
28

Quttnswood School Liffuted
Noies to the FInan0￿ Sr2tefflenfs
Fot the year cnded 31si Augusr 2022 Icontinucd)
tsfThtg1 RtA(MMCe8 Fthpendtd X)22
*ff Cos
Other
tkprELiatlon
Total
Traini
Cos¢J of fvnds
Ttsding<xpc#thrufC. Qu¢cn5wJd En￿ 14d
¥6￿9
86.369
veatment Managtmeni Cos
1972
2.972
Chati¢abk Activilic5
Edu￿E￿n And L*Mrdtng
C1£￿t
75)5
476,439
l348.85S
2i2J5'.
J982)4
i.515.869
1,109.748
1241.314
432.727
.933.79)
633,YY)
4fA).692
18A),370
13J5X)I
49.¥76
531.764
Tcchnolw.
Admin15tr4Uon CDS
GoVcrnxYICL CUSIS
Pension provison
lov¢xncnfin prtsvision
1li7.747J
Ili7.747)
7 710.-16i
3.fl)l.Plll
5.11,764
11,243 9Yk
AnAlpix n¢TntAI Atar￿rct& Ewded ))21
Icompatativt)
Staff
Itnd
Totgl
TrAlni
Costs of gwwatirtg fiind8
TNdinbf Lxrthdi¢iitL'. QiuLn$*￿Od EDI£￿[1￿ Ltd
ndr*i.41ng FN vdurtury fSOUTCCS
46J82
46J82
Jnystmeni MAtLgE¢m¢nt Cty$ts
1769
2.769
Chgri¢able Activitie$
UC￿￿nn And bnArdi5)g
f4re
Prtmists
Techndr)g5'
AdminisirAuon co*tS
Gtsvcr¢)ADCC CU5¢5
4.941,179
612.994
>i,liO
210,W .
lJi8.843
).158
5281.337
9(11.803
l 797
461,704
1.Sb3.164
.2
gJlJ13
2YJ.924
324321
24.4￿)
447J34
Ptrtsitirt provison
lo¥c￿￿￿t in pruvi*Dn
Esit frum Indcprndcni S¢knJ Pm51￿ khrmt
I)4￿7J
154.847)
I.￿.¥1Y
IV.)lfy.J)Y

Queenswucxi sch￿)1 Limited
N¢xes to the Financtal Sr2temef)ts
FOT the ycar endcd 31si August 2()22 (c¢>nDnued)
io
Tanwblt Fixed
Fftthold
knd and knt ¥Dd
Fixttifes
Group
Co6t• ofE¢￿t•tingfvDdS
At 31st Auwt 2￿2]
.lthJtwns
TTXn%fcrn
2117LI12
3.477.688
110536
1241.037
546.084
483.414
I13.rK
27J74251
769.680
At 31s1 Augusi 20
Deptc¢i*iion
Ai3151 Auyst
CTrw. for the >T
Diswzls
55248
171112 ￿ 1.781.121 9)A480
3269278
li9253
3297
871.lli
289,961
363J47
51
4X)3,740
53l,765
32.97
Ai 31.11 Au¥vit 2022
3J955SS
1.161.076
M5.898
5.(Mi2.529
NeT Book Va]uc
.41 31sr Auxu%f 2022
21171112
li9.693
626.U4i ￿)B2 23.108.432
Ai3131 Aw51 X)21
21171112
.410
120,067
22.870,il 1
Thcre 15 1 fixcdchaw ￿7th thr bank Over tht knd bJiWinpitidth I￿)Ve.
Tnclud¢d wthin the nci bwk vthcoF and Eqwwcntof £159.693 15 £0 (J121..£M.410) fthun8 DJ
htld Ilnder Finittcc
CDmp*rry
L4nd and FI￿[ ¥nd
Buildiw Equipn
and
Moior
Fitiing6
Vehiclcs
Totsj
C￿1 Or V•Ju*tio
Ar 315r Awt 2021
AddiDnil.4
Trxn%fcT%
Di5w￿5
21l7I112
3.477.688
110536
1241,037
483,414
113.(K>6
27J74251
769ffi86
2.976
32,976
.4t 31$t Awt 3
3555
?172112 ￿48 1787121
28.110 961
Depreciation
Ai 31st August 2021
for thr
SPLWJS
3269278
li9253
976
871.11)
289.961
y>3J47
4S)3.740
531,765
32.976
AI 315T 202Z
3J9iJ55
I61￿76
5.LKTr2529
Net B￿k Va]ue
At31%tAluwK 3122
.Ir 31$1 Au¥usi 3nl
369.922
21¥7O.il I

Queenswood Sthool timired
Notes to thc Finantiil Statemen
For the year cndcd 31st August 2O22(continued)
Tan8iblc Fixrd Amets (conumied)
F¢¢ehdd ladd and buildiw ai co4r or V￿ul[la￿ irdudrg A395.421 xt 31st Match 1979 ¢¢1￿￿cd on thE basis of rc-in5tarcmcnt
<DS1 Ic$5 *lloA•Il¢L afi¢r rakingacwunt oF5uWwuLnt d15P[￿s. Tn K(ordAn<L FRS 102- th15 y￿u￿tiOn hxs bcrn
Ertatcd as an bJsfOriC CQSt as ai thc datc of convcthotL Tht ￿11￿￿85 ￿￿¢ ¢nsured on * &¢1￿¢d vajuc of ip2,819,998
(2021. £84.310.89
Al0￿￿% an iM￿rm¢￿[ rcvbcw b¥ th¢ G(wcnw5 Co￿￿(kn￿8 thc of d>c •AV] dKqt suwuf ygjr. no ¢mpiiztn¢D¢
has been rfenufied.
A55cts un&icon$EnKtitin mainly fthie Plat>ni￿￿Ch1trc￿d dc51￿ and uthct Cvsts for QuethswLXJd
11 Fix¢d Inycstsmtn
Group
L45ted
Un]istrd
li$tÈd
Total
InveSlrnents InFtstmenfB InvÈSth)en16
A5 ai 15eprember ZOZI
Adthuons
DIsp)5gJs PfLK¢cd5
435.595
(￿910
ff￿.97
63.081
4JX595
66,91
,97
63.081
63>.>95
66,910
fXl,9781
As ai 31 Aug4Jsi J)22
I￿,￿) 3￿446 54&4
Ctsh hLld is snvL*fNrnrs
26.(￿}
J74,i07
2W.O
i74.9)7
Fixtd kn*ci I￿¢￿tMent*
Compw
Lisied
listed
TnYesrm¢nty
Utilisted
Tota]
A% rLt l &ptcni6Er 2V
Ad&"utsn5
34L695
341695
1?.8f
(18.531
89,893
Y2fy95
12.860
(9.8531
prr*ceedq
(9.8)31
89.893
A% at 31 Auy%E 2021
435395
435595
635.>95
Cll$h hdd as inVrSlinEnts
641 435
Hig[otic31 Crmtof li5tEd jJThr5trncil¢S
296257
Thc f￿1￿7￿8 inv¢srnKnts in txttss of 5% of the valuc oFthc
Vjiuc
31st Aug 3)22 31$1 ￿21
Quotcd Investmeo
AE*rdttTh India In¥Ttw nc
J P Moyn Arnerican Inv Trust
J PLllryn Tndizn InvTrus1
VznwaTd l¢WcSDnetir Fund5 ICVC Vanpwd LIS Eq4" Idx RUS GBPdis
i1￿11￿ (JIff￿d US Gri*>th Trpjsi PJC
Finda) Pxrk Funds ICIIV American L.SD Dis
Sands CApiT3J Funds
19240
28.193
18.6JO
23995
5ffi70
28.193
20fy)5
23.220
27.702
40.136

Queenswwd Sth￿l Limired
Notes to the Finanaal Sratement5
Fot th£ pt cndcd 31st August 2022 (continucd)
Fixed A88et Inve$ti)ieiiti Ittsnunued)
The comp*rti ow)i% IIKPh 0fth¢qUi￿ of thc yfyidi3ry. w¥5 irt Engl￿￿ arKi Wiles.
Costs of 8ener•ting
QuC¢n$waOLi Eth[UpriS￿
Holdi
fgty¥trK￿r of the l¢rritJg DfQwcn5wo(xi
Thc 3m(viiliof C4MtsI rL¢trvtsand thr rc£ult% nf thi% urKlcvfIki￿ fnr the l&%[ fin*n(d pt
Prtsfit for the ycat
2022
24
243.i28
42.8
Dufing the lin￿￿ Qu¢¢n$w￿￿ Sclmd brnifed rTra& ￿rnent ttch3rgry tsfCX).?22 f2021.. £182.8281 t
Qv¢rn5￿l￿Jd ￿l￿1[¢d in olfxililir5 staffctF5ts A150 dunn¥ ihr yrar Qurtn5WOLNi EntrTri5cS
rnadc a yfT aid (li%tribullon Of LIO.(XX) ￿￿27 £U) io Q￿￿nsW(￿ S(h(N)J timjted. At the b￿ar￿ shcci datcQuccnswncd
LAmitLd owed Q￿.Crtw(mxI EntrtPllSc5 ￿T￿ted Ll,OY) (2021.. £1￿61.
Siock8
Cthnpafty
c￿￿ Eor WLyiL'
34.Oi8
34.058
Finan¢i*J Inswurnen
Gjmpzny
Dcb¢ in5trumenvs mtssu¥ed *[ amtiniscd c05[
,188
l i4.8i4
165.240
lJ7.8?2
Carying amouN o(6n•nCl￿ li*bili¢ie¥
McLwrrd ztam0v0￿d CO
32M.891
1943.676
3.190273
2.910.692
14
Gr0￿P
G)mpxny
rkn. withn OnL W.
Scknl fees
Pmvissoa for d¢YJbrfiJ dcbL%
'I'Yx&. dL.btvrs
Prep&¥incntS and aC¢nted income
423.69)
1266.1
477.8)4
P53.843)
JO.B43
196.71X)
423.693
1266.168)
7.71)
183,415
477054
1553.8431
13,861
195.176
1¥52>3
391.Hi
351.631
348,728
333.048
32

Queen5wood Sthool LE￿ted
Noie5 to tht Financial Statcmcnts
For the ye2r ended 31st August 2U12
{ioniinutd)
CTcditiK
a) Amounts fawdue within one ye•r.
Group
Company
22
2021
Cuiteni in5dmenL% dueon dewu {nor¢ 1
Tra& t￿ditorS
5chod ftts itt *knnce
Hir¢ wrchiy fin1￿C LcL*cs
Bank l(A
nk Ovctdrnft
424812
191743
1.814.893
347.416
168,195
1.874286
62,)92
2Y.144
424.812
191.743
IA?4.893
347,416
168.195
1,874,286
2J4.144
234.IM
234,IM
151356
191847
326.452
13B)$4
97,872
159.171
152J56
192,847
270.804
l.(kYJ
138J54
97,872
t￿.141
Other cr¢ditOY5
ru*l$ dcfetrcd irtCDmC
hrnwnis io
VAT
li.884
10.
3413131 ￿20
bl. MovtmEnf on doftrred
Grnup
CO￿paThY
2021
D<f¢rrd InC(xr￿ bm4ht foTwzrd
Rck3Scd in
2.m226
11.934.486)
.853,499
1,9A92.19
2,070226
IlO74.715) 11,934,456)
1.831?79
1 853.499
11.874 ?15)
IAi1579
Deferred Ir￿XI￿ c￿lCd fotWAtd
1 989 239
Thc &Fcrrcd irttomt bIl￿tt rtl*tL¥ tts r¢msi(arK¢5 (¢cciv¢d in te5￿1 of 5th¢￿￿ f£c% for fuLUfC pr5.
GD>Jp
Cornw¢y
) fallitsg thic mitt ¢h4n one >*￿.
202Z
Schod fcc5 dcposits
School Fccs ifft *d￿c¢
nk L¢An
lJ47.i31
l.WJ6.103
lJ85J51
).4n6.183
1.989,239
1.619.495
61jg?
lJ47531
1,966,103
lJ8iJ51
1.406.183
1,989,239
1,619495
62,592
i.077SL
4.6Y8.985
4,6lJ8 ¢J85
Less.. Amounts due ¥Jbthtn onc irAT
SchDoI lees dcw(s
5chuol f¢e5 in Jdr3nc¢
Bank tA)aTh
Fingnce L¢a5e
1424.¥1
11,874,893)
(2J4.1441
0474161
11.8742861
(234.1441
142411
13474161
11.874.893) {1,¥74,Z8SI
P34.1441
1234,1441
533.84YJ Qi)&4381
IU3304Y) Qi18.4381
I165.136
2559.071
216i,136
2.559.071
The.￿h￿l h*% a IQ ycar flcyybk hcihty Stsrtiry Jul). JJ18 rg>*ybk in ¢gua) monthlj. iosulmLYU qryth ￿ 1tsier£si
t/w' of 1.95% FU atuwm oycr thc b75c rAt¢.
d) MitutiLy of rjna￿l￿ Jiabilitits
Thc fcc dcpu*ES and fee5 in mawre ¥ folkiw
424.812
773.9
148,7il
347.410
1114.Q3i
424,812
773.96Y
347,416
14.035
ctwcrn zrtd fjve tytars
Aft¢r fivt irdrs
Thr bank iyztl i$ Lyvabie lu]kJWS".
Within Onc
234.144
936.576
214fy3l
234.144
936j76
234.144
936,i76
214.631
234.1M
936576
After cl￿ ir4r
33

QueensW(M)d School Limired
Notes to ihe Financia] STateM￿[s
For tht yt2t cndtd 315t Au8U5t 2022
{conrirtued}
16 Ptovi%iOnS fof liabilitiu Cha￿e0
22
Ptnaion PIOVi8ion
At I Scpttml*r 2021
(DecrrascI/ Tncrexse
At.11 Auy%c 21)22
201.412
i7.74
256.2>9
201.412
157.74
li6.￿9
43.66)
43.00)
Th¢ sthod I￿￿￿￿$￿ I43,￿5 (￿21.. £Jl,41l of woviwn On B•]￿Ce sh￿ in relatsi>n the d05tdw5iott xhcrnc.
Tht prOWSKffi is Tr GrowLh Pl•n Pcn5i0￿ thcSchLxA ￿1] rcvir* this It￿￿11￿ ortart basis.
17 Obli8afions uDder fin8nce lea￿ hi￿ pwch•se wntra¢ts
'Iht bchod ocuS￿￿￿Y uxs ttnaocc Ic?￿5 and lurc wrthz5r TQ wrc l.ututc miimtnom Ic
p*smcthry due uthr fi¢uncC kas¢5 ind Hirc pllr(h￿
Z022
21
'Ithin onc year
In Dvo w rtve
66.883
66,8th.1
18 Sh￿ c￿lIa1
a)21
lo¢¢ed. up atKI luili. w4..
23 Governors. shatts of Ll eac
23
34

Quttnswood School Lirruted
Noies to the Financiaj Sratemen
For ihe year ended 31sr Ilwt 2022
(continued)
19 Allocation of the Chgriry N¢t AB*ttr
Fixed
A55¢
Tem
Ass¢t$
Total
The net 3$5eu arL hcld foi thc
viriOu.% funds *4 follows"
Rtstiictcd fun
Unresuicied fvnds..
G¢￿Tal rLSLrvc$
374J>7
376.929
751.436
23.108.432
.16i.136
18J37 337
23 108.432
374.507
1185.36i
16i.136
IY.068.773
20 Vnr¢stric*d Funds Movemenis
At 31st
A¢ Jl$t
Jn¢omin8
Resourtts
In￿¥1M¢ll1
Group
21
Tr￿S[c[S
2022
L.nrexrictcd..
c￿l￿d up share ¢apiul
I6A07.953
1.054.856
11.711463
111240.958)
17282.4i8
1,054,8?6
Re¥￿￿1￿0￿ ttse£vL'
17.861832 1) 715.463
Il2411.9
18 337 137
At 31st
Auwt
20
As rtStsTed
ATJI
CoTnpamy
2022
Lnre5trict¢d..
C￿led up share upiNI
Gcncr
16.564,424
1.054.856
11,630,189
111.154SW)
17,040,024
1.054.856
rtserv<
11.154.
l¥(Y)4.'JU3
35

QuttnswoTrl School Limited
Noie5 to the Financi￿ Statements
For the pr endcd 31st Awt 20
(continucd)
21 Re6tticied Movements
RestrKicd fvTr45 CafflPll3c thc tDU(ThW>¥ uthcx￿￿d￿d kn)thcc oEdoMDons andsrknts un I￿St to be ippb'td for
lundpds, education in ￿EC￿$w￿MI LiMitr￿and swns set ￿de FOT fiwjte devd(wKttL
Ai 1st
Ar31s1
Transfer￿ Ayst 2(122
C¢>sts t)rg<￿ty3ting fund5
Priz¢%. Scholarship3Bd But￿liES
The Hand￿ Gift
Otk.r
301570
4i4.955
2.B47
7>9.372 i8.Tr¥9
),5LKI
I￿.5
370.515
378.n?4
.2.847
(797Z)
163.0531
.97
63.D53
751 436
The GifT r¢lxiu to dtMhEion wh>ch has trc￿cd rcstricted a5 thc l¢rn￿ and con(hoons of the
H￿d00 Twsi D¢L4. Thl HztKIDo LiFt fund51 ￿[514 T￿I(b is intLIMkd ro Lxwd thC8k￿ Wsion vf th¢.
typosure nfstudcnts to (bvetsiry and thffettntt.
Otki rcS¢tiCfd don*uons of LIWJ,6W (lo￿ £ZIJ14) w¢(r fcfrt4rd ITh f¢x Bursari￿ and Thsvard5 &h Form Ccntrc
PftsFCt.
22 Reconci]iaEiOn of than8ts in ttsout¢es its Nei Cash
Iwtllowsl/lnflowJ ftum Oprrnuts¥Activilics
2021
Nct ID¢omin8 rcywc5 fur thc Lo
466.569
5B2.6
Ad1w%micrt15 for.
InLttcS1 f¢crjVrJ
Gains on jnYe5trnen
iA)i%/(prof111 on of fixcd L%scrs
DcprLfilUun imp4rniLffitof unpblc fixed A5XT5
1ncrtase1lde¢re￿t1 io p(OViSiOll5
Decre￿1[1rtcre￿¢1 irt d¢bt(K5
Incrtaselldecreuel in <redj[urs
Cr￿￿)/(k£r<I$e irt
(9,2241
IB9,8931
63.081
i31.765
1157.74T)
139.80
161.020
447J33
{i4.847)
{111.742)
117i.0531
1.014.959
692.579
Ai 3lx Augusr 2W2 th¢ ￿￿P commiffiKnt5 un(krll(￿ anicllabk wTrDnglcasc5 1% ftsllDW".
2021
Equipment Equipmeni
ILSS thjrt onc ¥Y
Br￿C£n IWD and tsvc yrats
26J83
43.257
13.889
57.146

Quttnswood School Limtted
NoEes to the Finanoal Sratements
For the year ended 31 st Augusr 2022
(Conunl￿d)
24 Pet￿lon Co8ts
Te8thing stgff
Thc Srhuol cxitcd thc TezchrrS' Pension Schane fthe TPSi fof rcachln85￿ff on 3151 Awl 2021. Thc prDcipIti
$t2ff WLfL MOVLYI 10 flcxibk d¢fincd ContnlyAUun s¢hLTh Thc t￿￿$1￿7 Cha￿ for thc ￿r inclu&5 CWtnlwtion5 pxyblc
10 thc Trs NIL P021.. £739J87) and at £nd P02) - £nJf) accnd ￿ rwt ofcontribution5 tD this
heme.
Th¢ Pensiott TA￿1. Tht Plan
ThC(DmpAn￿ Pjtllapl￿ ith Ihe schew * rnuli>*mrAo￿ Jtheme whKh provAc5 bEncfiLs tn sotnr 63N (2021.. nDn-
S$ti￿a￿d PXTDCIpAtin8 emplo￿¢￿ Thc schemc 1% i d¢firKd btyyfir 5chcrnE in thc It is notpos*Nt for thc tompany to
obuin sufficmi JrtformiaLTrI ro ¢nabk. ii to xc¢N]Tht fy th¢ srhrulr ts i dcfM*dlx*Lfit sthcth*. ThctLfotL It accou1)￿ f<)t dK'
scheme u • defined con￿b￿rit)￿ schemt.
The scheme is Subieci io the fvnding IwlArion (￿dined the knsions ALt which urnc into for(r 30 Drcembcr
2005. This, ￿8¢ther Llxvrnca￿ 155ucd by th¢ Pcnyons Rcylator TCChrwt￿ Actuznal SLinda￿s 155ucd b}. thc
Financigj ReporunL' Council. 5¢1 OUI the fra[r￿4￿rIE for ful]dt￿dcrln(d bEncfii pcn$lOA Éthcmcs In ¢k UK.
TheS(hetne is <knifi<d Is * I￿.￿)In $L9rt&￿ arr1ngetn￿r'. ThW¢r￿ the comwy is bable forother
ILcip#unbr ¢nip]oym' oblib*(ion5 Ifihojc emp[ts￿r$ ¥c un•bi¢ ro mc¢1 Ih¢ir 5har¢ of thc 5chcmc dcfiiir
¥￿thd[%￿3} Irum rk" xhL'mi P￿D￿￿￿o¥￿nFILjlvs wwrd dxir shucufthc dcfiat ￿ an
nnu¢ry purchase basis OD ￿lthd1•￿￿ fr(xn th¢ 5rhErn¢
A full ￿l￿tiOn for thc Sthcm¢ (￿•Cd Iwjr It Y) 3)20. Thi% I'll￿11￿7 show¢d of LBTh).3rn.
liibilitits oF£831.kn *nd a defior oF£31.6m. To dill￿￿>r¢ thi5 ￿n&￿shOrtraI7. thc TtU5tLf hgs athcd thc P3Etrthpatin¥
emplo￿¢r$ te YAY 9thb00n￿ contributiaA5 ts> thc xhcsnc zs follo￿5..
rrom l April 2019 u) 31 Janwry 202>.
£3J12.LW pu anfium frA)?bk
UfflltsgacOnEtsthon bttn ayccd ￿rh the rcnn Jgnu•ry ￿1£ applio
Notr that thc Schcmc's P¢¢ViOUS ¥￿ul￿On was u¢ri¢d OUT efftcryv¢ &r¢ of Y) kpmbcr 2017. Thi5
showcd a5Stts of f94.9m, liabiliU¢S of£92CI.4m thficii of OJl.yn. -1.0 clim1r￿[C diis fvndI￿ ShDr[f￿I. tht"I"ru$ttE
has xsked th¢ ￿r￿apI￿rgenp￿ u) py thE Mows..
Deficii coniribuuons
Frorn l A￿1 2019v) 3) seV￿kn 202)..
£11241(KW month]y" intrtssingby 3•h txh on 1st
April)
The recvven. plan ar¢ AIknc3ttd p￿ti(￿￿O￿r￿k>￿￿1 03￿ In hE* thrir esumaLed $hareoF
the Scrics I wd liabiliw $0 I￿¢￿1$wr￿￿'S liatxlit> is a %of the scheme defiuL
Vhcrc Ihc schcrnc 15 in dcficit 3nd thc companv hs a8re£d to a deficii ￿Tr￿In¥l¢(￿n8cmcOi thc compAn}' Icc0￿1￿5
bllbibn. for tkn5 Ob￿￿tion. Thc Am￿Jn¢ reco￿ts¢d IS thc ncT prcsenr Y•J￿ of rhe de6ui rcducDDn pyabl
uttdcr thc 3￿C￿rnE ihAt rrlatrs to the def￿1. The presenE is cai¢ula[ed thv thxouni rate defjiled in thc5C
diKIosur¢& The uwndiog of discr￿n1 rtie is wiscd as • firtAnc¢ co5¢
Pr¢s¢Dt Values of Pt¢WiSA
JI August
31 Augusi
31 AuEU61
Prwnt y￿uC5 v[Pr￿>s1o
43.665
201.412
2i62i9
37

(￿een$W￿l Sthool Limited
Noies to thc Fiftanaai Statement5
FDI d￿ year cndcd 31si Augusi 2022
(continucd)
24 Pension C06ts {roDt)
Rcconciliation arml PmViIiO
Yewcndcd 31
Awt Z022
ye￿ CDdcd 31
A￿￿t 2021
PrDlrySion It stsrt uf the Year
un￿1nd￿n80f thc di5couni Fa(iOr (in￿rest CxW￿5)
Dcficii c1￿￿1bUD9fi wd
t1eniegsurctn￿[5- Itnwtofinrchathgc in aS**I)PU(*)S
201.412
256.259
1.2H
15i.820)
(2711
141.04
11.9241
PrO￿lI0n ai the end Trf thc pcnod
43.665
201.412
Jn¢omt *ndtxpendinue impa
Ye*r Ended JI
Au￿1 2021
Yeat endtd 31
August a)20
(nE¢f¢51 cxpcnsc
IlL'm¢asurom￿[s- impxrofiDy Ch￿
1.140
0.9241
1.244
(2711
Contyibvuons ifi re5wi¢Jf fu￿rC 5crvic
cus￿ frcu￿l$ed in itKotr*¥ 3TrJ ¢MFaiwrc xrount
ncludcs drfincd centmbuuon xhcmes fiwr¢ xtvic¢ cortttikntions (1￿. cxchx1i￿￿ dC￿t rcduttitin pl5￿enL$l to &fined
benc6E s<hcmuwhi¢h •re Ltured •$ dcDncd cgntnbuti(xJ sdxtrms. lok CDn*tcd bj thc compgm)".
As8umpiions
Awsc 2n22
31 Augum 2021
ptt anllum
31 Au8Us1 ll)20
•hpcr #nnum
Ratc of diX(ourtt
63
0.55
IhL' thscouni abwc Irc thi <quiw&krti ¢bs¢owlf ¢gtes Which.￿4￿¢￿ U5rd to thscounT tk. htur¢ litQVLrv plan
contnbutions dut. wvdd the Sam¢ srsvlts 3$ v51n￿l fvll AA knd ￿eld cur&.¢ Tvd15CVUllt thc samc ￿[0￿¢T¥ plzn
ontributions.
The follow￿￿h¢dllk detiiis thcdCfiLit<lx)￿bJ￿￿J9 weed bth-qcoi ihe uw.and the 5chetne ar uch pr end ￿rIod..
YE2rcn¢k
31 Ajwi 2W22
31 Awst 2021
31 August 2020
YL￿1
Ycat 2
Ycar 3
Year 4
Year i
19,Th)3
19.tM)3
7.918
57,495
i9219
55.820
57,495
59219
60.W6
25.854
The compkni" mu51 reco¥nise # ligbiliry mwurd J5 thc P￿St￿l￿￿￿¢ of the aJrttiibu¢KmS that allse from the defiui
reiOVCry ¥ecrncnr and thc resuliinE W5c In thc inithmt *CCOunr>L. ￿ unw1￿Ain8o￿ thc &5¢0unt rAtC *5 3
Finance c051 itt Ibe WLN4 whi(h it ari¥eL
Ti 15 thw. cootriburiix*S thit havc knrt uscd the comF4ny'S bJ13ncc 5IKc¢ li3biliry.
JB

Qucenswo(A khool ￿mited
Notes to the Financia] SIAiemenrs
for the Yegr Ended 31st Auysi 2022
24 PenAion Cosis {coni)
D¢fit*d conttibudort scheme
Tht S￿h￿l addill(Jn*ll> npe¢ates a defin¢d cDntnThuiiw 5dxmc C￿￿￿￿j￿5￿l ￿th￿Fo[S￿fF￿rhlrt rh¢ khcmt
mxdc to Awirl. TDrnI cDnrribuDons ro Aviva ?yr wcrc 029.390 IXJ21: £1955541. ThL' ￿-n￿on
tontiibuLions whTrth w¢rt' soll out5undJnKA5 11 Tbc wcrc {￿21.. £30.950).
25 Capiiai commi¢menTs
Iltnounts (ontracroa for buT Th)t wavidrd its the finan£iat stat¢mcnG ¥Jw)unred to £9.696 for thcgrywp and
12021..£1.897)
26 Related Pwty Tr¥Dwtiorn
Dllring thtrc wcrt doaiDOllS fvom Tn￿E(C5. (J21. fourTn￿E¢¢3 dO￿￿d of £39.()￿ lo i&4iuon thcrt wcrc
nv donau(￿5 friKn key M￿¢St3ff . (2021 thrtc kci ￿1￿9&¢￿￿( SufFdonaTed • ￿ra1 ofLI.150)