Cholity r•gistrallon number 311075
Company reglstratlon number 00912022 (England and Wal•sl
cHARLO￿E HOUSE SCHOOL LIMrrED
ANNUAL REPORT AND FINANCIAL STATEMEpifs
FOR THE YEAR ENDED 31 AUGUST 2022

cHARLO￿E HOUSE SCHOOL LIM￿ED
LEGAL AND ADMINISTRATIVE INFORMATION
Trusts•s
MrA Haffièld
Mr P McGlone
K E MoNern8y
Mrs S Ramroop
Mr S W L Rè8d8r
Miss C Smethws
Mrs C Smith
Mrs S Slarr
Mr R J Sluttaford
Mrs M P Wilson
(Awjointed 12 July 2022)
{AFvolntgJ l March 20221
Secr•tary
Mrs S Stsrr
Chwlty numbor
311075
Company numbgr
00912022
R•gl$t•r•d offie•
88 The Diive
Rlc4(mansw￿th
Herts
WD3 4DU
Audltor
reer & Hoie LLP
Trinity Court
Church Strg&t
Rid(man$worth
WD3 1RT

CHARLOTYE HOUSE SCHOOL LIMITED
CONTENTS
Trustees. repcli
Staement ￿TrUSte9$, res(￿51b11A1es
INIgP8ndent audiiorfs repc
8-10
Statement of finan￿al ac11v￿e¥
11
Balance sheet
12
Statemerrt of ¢ash flows
13
Ncles to the finandal st&ements
14-Z2

CHARLorrE HOU8E SCHOOL LIMrrED
TRUSTEE8' REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT)
FOR THE YEAR ENDED 31 AUGUST 2022
The trustees present their report and finan(ya 8tstemerrts f(￿the yaar and￿ 31 August 3)22.
The financAal statement5 have been pfyp8rtd In accordance wfth the &CA)unting poliry8S Set out in note 1 to the
f￿ancIal statements and comKAy wtth thg Charivs Act 2011. tha Companies Ad 2006 and °AccountTng and
Rep)rtiThJ by Charitiès.. Slatèm8nt of Rècommended Practice applicable to tharibes prep￿ng their accrjunts In
accordarhce wilh the Finanual Repotting Standard appllcable In the UK and Rgpublic of Iraland IFRS 102r las
8mended for a(thuntiNJ periods COMM￿C￿r￿ from 1 Januwy 20191.
Ggvgrniry docum•nt
The Charlty Is govamod by tts Memorandum and Arlioa85 ofAssociaUon dated 31 July 1967.
Gov•mlr#J body
The member5 of the Charivs GovgmlThJ body aro Ilsted ab)ve wilh detsils of thangès durfng the year. We
appointed new Governors - Caroline Smethers in March 2022. Simon Reader, in Juty 2022 and Nirukshan
Srikanthapalan, in Novernb8r 2022 who latar resFgned In December2022. Joann&Askew rg$KJned inAugust 2022.
Rwultm•nt and TralnSn9 of Govgrnors
The ChwttYs ele(Aed G0vem￿S are appoinlgd at a m8oting ofthe existiTrJ Govemor5 on basis of nominations
received frcrfn existing Govèmors and the Head to the 8oar(fs spec3fi￿t￿n5 1x)n￿MI￿ eliglbility, Fersonal
com[￿18￿8, 5￿CialiSt S￿lIS and I￿1 availablllty. New Govemors are indud8d into th• worklngs ¢* the Charity
including 808rd Pdicy 8nd Procadures, by initial briefing by the Chairman. attending Governors, meeting3 and
iry dlr8Cted to rdevant guidelines and courses. This is supplgmentgd by personal visits to the SchiK)I to talk to
staff, pargnts. and pupils. New Govemors are encourdgèd to attènd Naw Gov8mor COL¥ses offerèd by AGBIS.
Oryanlsatlonal Managomont
Thg Govemors, as th9 trustees of the Charfty, are legally respon5ilAe for Ihe overdl manag$ment and control of
th8 Sehool 8nd meet at least three times a year. In 8ddition to Ihls the￿ are fwr Commiitees of the Bo¥rd which
dgal ￿1th spedflc areas c( the School's opwation..
The Education C¢ynmMge.' Chair¢d by Dr McNemey, is responsible for examiniry trgnds in education.
educalional policy and 8taff d8v8lopment and the promotion of Ihe school and its elh)s.
The Bullding and Financa CcAmmitig8.' Chaired by the Treasurgr IA Hatheldl and assisted by the Bursar.
is rgstxjnsibla for im ￿ementIr￿j lacllilies and financial stTrlegy and the policiès of the Board, including the
pTepw8lion of budgets, management accounts and forec85ts and ¢s 8lso responsi￿e for the audit.
The Health and Safety Committee.. Chaired by the Bursw IG Chanal oversees all health and saèty
matters operational risk managemenL
The Marteting CommMe8 - Chaired by S St8rr d•vdops markeliro stralegies, oversees tha creation of
new adverbsing and wèbsFiè material gnd explores ideas for promolng the sch¢x)l.
These cunmittees meet at least once each tern. C Smith is the governor resp)nsIb￿ for Child Protection. shg
reports to th8 Board on all matters pertaining to Safegu8r<ling. P Wllson Is Ihg Earfy yea￿ & Sperial Education
Neads Govèmor.
The dayto day runniThJ ofthe School is delègatèd tothe Haad supported bythe Bursarandthe SèniorM8nagern
Team underthe choiTman5hlp otthe Head. The Head attends all rneetlngs ofthg abov8 Commitieeswith the BuTrar
itilning for H&S 8nd B￿l￿arNj and Flnanc& and they both attend full Goveming Board ma￿￿)g$.

CHARLOThE HOUSE SCHOOL LIMrrED
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORTI
(CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
Rl$k M•nagèm•nt
The Bo8r(I cl Govgmors Is responslble for the men￿ement of th8 bu&n8ss risks fa&gd by th8 Sthod. A Ask
Rogist¢r is malnlained and reviewed by the Board and this includès thè management of action5 in mrtigation of
businèss risks i¢Jentnled. Healih and Safety Risks are idenlthed, Controlled arKJ managed by thè H88th and Safaty
Commitlea which is chared by the Bursar with members drawn from across the staff of the School. A Govemor5'
representative also sits on the Heallh and Saf•ty Gommittee. minuies, InSpe￿On repc¥ts and ot￿r r&levant
Infornaiion are reviewed by the Board.
The key conlrc48 bylh& CharEty Include:
Fomi81 agendas and mlnutes for all Ccfflrnittee and Bo8r(18ctivtty
Detai18d te￿￿$ of refeMce for all CornmitteÈs
Comprehensve strategic planniry. b￿￿38t￿￿. k)ng temi ￿anned malntenanL%. 8WKI mwaggment
accounting
Fomial wtitten Oicies
Clear athorisation and appwvJ1gvg1$
Vethng Fff(te(hJres a5 required by law lor tha iyotection of the vulnera￿8
Through the risk man8gemgnt process•s established for the School, thé Gov8mors arè satisfied that the major
risks identlfied have been adequately mttsgated where necess￿. It is recognlsed that the systwns (¥n only
ovide reasgnabla bui not absolute assurance that major risks hav8 b8én adaquately managèd.
Obl•ctlv•s and actl¥ltle6
Charftsbl• ObJ•cts
The 0￿e¢t of the Charity In 8ccor(lanca Mth its memorand￿ ofAssoclatlon 1$ to pwvide education through I
operation of a Preparatory Sthool. Charfotte House SctThl is a fee-P8ying School for girls aged three to eleven.
In furlherdnce of this otlect. the Governors a5 the charily trusteès have comp118d with the duly under S.4 of Iha
Charities Ad 2006 tr) have due ragard to the Chwity Commi55ion's publishèd general and relevant sU￿￿ttor
guidance ¢Lmceming the operation of the Publc Ben&frt roquiremènt under thaiAcL
Aims #nd kntènded Impact
Thg yearended 31St￿u$l 2022 has seen contlnued Kmgress in accordancewth the Sthool's ethosand strateglc
aims. Chartotte House has a slrorwJ academic trad￿0￿ based on the philosophy of education developed by
Chgrtotte Mason, thè fourKlér of thè Parents, National Educalion Union, who bdieved that parents and Ihe hikn8
were at the heart of developing chlldren spiritualy, physically and mentally and that chlldren should be ￿$t￿ted
as indmduals and nurtur8d to develop their unique talènts. Thè Govomots and stafl are committed io malntainlng
this tr8db"on.
It is the FKJIW of Charlotte Hwso sch￿)1 that pupils, IncludlThJ those in the EYFS, recdv8 8 broad and balanced
fulktime Superv1￿ curriculum, which dglivers an edueatson suiled lo all pupils across thefull agè and ability rdnge.
All pupils have thè opportunlty to16am and make Progress and are prepared forthe opportunities, responslbi1￿è¥
and experiences ol lrfe in Brttish society. The curriculurr is designwl loengendera ktyve and excAtemenl of learning.
Whilst with us. wè Soe all puplls fulfil their individu818cadèmi¢ and ¢r$aiive abilities. explore thgir talents to thèful,
and 8ppr8eiatè thrrwh stu0¥. the weakh of human a¢hi$vomenL Progresson Is at the core cl lh9 curricyjum.
Wtthln a fvamework based on Chrlst18n values wg pmwde a stimulating en*ironrn8nt In whieh children are happy.
successful and keen lo leam, Ihus helping tham to grow Into young people who are fuffilled, raspedful and ajle to
moke a positive contribulknn to Soc￿ty. The school is CAJmmMed to equal opp￿￿nttles for all, thil(tren and 5￿fi
allke and wovides o wide programme of sportirvJ. dr￿natic. artistic and 9Xtra.￿rr1eUJar activities.

CHARLOTTE HOUSE SCHOOL LIMrrED
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT)
{CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2022
Publlc B•nefft
The tolal number of wplls 8t the schcd by the end of the y68r w8$ 116 of flv8 ￿ld partkal burs￿95. The
Governors. tx)licy 1$. wthin the reasonable means of the School, to maintsin our bursary provision to help P￿s￿n9
P8rents in timè of hardshlp ond to give children, vtho would othe1￿$8 be unable to, the OPForiunity to b8 educat8d
priv8ts1y.
The school has Sought partnershlps with IOCAI state s¢￿)￿$ kndudiThJ offerSng free [￿aCeS ffi our traSning days to
thgir staff and hopes to develop thèsè further.
Fund Ralsing
The School is th8 princip81 beneficiary of the Parent TeacherAs8oriation, 8 separate charfty caHed Ihe Ch8wlott•
House Prep School PTA Ireglstered number 11065041. through vthich fundraSslThJ for comrnunity proj8ds, bLFilding
8cts and sd)001 OqLFipmènt is conducted.
Tho Parent TeacherAssociation continuès to support tho School enthus¢asttcally as ev8r and rdn everts such as
a disco. summer fwr and wmedy evening. They have math variovs contribubons i￿Udi￿j paw'ng for a
skaleboarding experience day forthègids and improving the audio equiprnéntin ujr sch(xA hall including Ih$frtting
of h￿gIng m*xothones.
Strat•gic r•port
The follow￿ sethon5 fix achi8v8m•rts and perfcffnance and financial reviw fom Ihg strategic reFrt)rt ol the
chaiity.
Achle¥ements 4nd perform•nc•
Operatlonal PerfOrM￿Ce
This year ayain saw ths conllnUan￿ of the high stsrKlards set in prèwous years In all aspects of the Sthool's
adivkie5. The girts benefft from Sp￿1￿1[$t teaehèrs across the curriculum and we endeavour lo providè them wilh
8 wè3Fth of èxporionces and Opp￿tunIties. We erksur8d that planning was accurate and appropriate for the needs
the children. showing clear progression aThJ C￿nSIstency. girfs tske home al their tA)oks or￿e every hall
iem) to promote our hornpJ5¢hod partn8tship.
As a Certified dyslexia friendly $¢hool and a recognlsed lights re5peding school w8 continue to ensure that thè
school is a very happy énvironmentwhere all girfs can fiourish. find their voi¢e and gchi￿e thelr goals.
Throughoui tha school year diagnostic. summativé Ènd fomith.ve 8&8essmenis are used to ensure each chlld is
perfomiiTrJ lo the best of their ability gnd is 8t190st reaching age expected levels. Assessmen15 Used range from
Monitor1￿lmarkiry of sthool wcKk to ASPECTS. INCAS and PIPS. This was a year of outstanding acad8mi¢
perforniance with our ass85sments showing an excellent level of tryress for all classes tracklrvJ glds throughout
their lime with us show5 Gon5id8rable 'value-added'_ In KS? 100% of girts wara wor￿n9 at nat*)nJ 8￿rage
higher with the makjrfty aCh￿Ing considerably higher than natlonal average. Girts were very su￿sSf¢A In
tr¥nsferwing to the secondary schools ￿ Iheir choice. Th8y accapt￿l ￿8¢e$ at bclh stste 8nd private schools and
were ofte￿d four academic 8chtAorships.
This is, as always, a vital and important wocess and we devote much care and attenlion to supporting t￿th thè
girls 8nd thar parènts, and in devdopiThJ and maintaining siron9 links all secondary schods in thè area.
Charlotte Housè girfs benefit from the saw-assurance and a￿d￿niC 8tt2inment dweloped dwing their lime at the
School 4thich 8naL4ès thwn to transfer to one of their ¢hosen Second￿ schools wilh ease, beiro sufficiently
mature to daal with the charog5.

CHARLOTTE HOUSE SCHOOL LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT)
(CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2022
Atable showing 11 + re*Jls.
heftwtham Lathes
Danes
La
orelo
al Masoric
usl¥)e's
t C3en*rt Oarns"
Helen's
he Reath Free Sdbjol.
OTAL
Ydldor Communlty Activitie•
The School continues lo bè an Active member of the local ￿MmU11￿ in provlding educatlon for girfs of all abilities.
Tha Goverr¢ors hav& g1$0 approved a pollcy ol taking on NQTs %then appropri¥ts and providing WOTk exp&riènce
fu pu￿lS froffl 8t8le 8¥¢ond8ry schools or student teachers.
The Sthotsl at*vely encourages pupils to engage in r8i8ing fun(ts for ¢horlties based both In the UK and overseas.
lostering In them an awareness of rea￿WOrld is5U95 and a de$irg to contrfbute to the ¥wder ¢ommunty. The school
supported thè PoppyAppeal, National Deaf So¢lety, Marie Curie, Comic Relief and DEC Ukraine Appeal.
In September NicolleAndrewsjoinad us as an Assistanl Cook and Julianna Mllerjolned 8s ouryear 1 Teather. We
also employed NaomiWoLYJ 08 a Year 3 Teacher to cover malemity leave and employod Jaimsye Ba￿eY as 8 Gap
Year Student.
In August our Afterschool Supervlsor, knlly Purdy and our Year 1 Teacher, Jullann8 Miller, le￿ Ajso. in August,
Na￿nI Wood corryleted her m¥l*rnity cover and Jaimsye Bailey our Gap Sludenl completed her gap year.

CHARLOThE HOUSE SCHOOL LIMThED
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT)
(CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
Extr&currlcular Actlvlil•s
The follwng ￿UCational tiips look P￿￿.. Nursery & Reception visited Odds Farm and Rickmansworth library.
Fcthi l & 11 went to Windsor Casué and Whipsnade Zoo, Fomi111 went to Hazard Wley, celt￿ Hamony and a team
t￿lI￿lfi9 day.. Fomi IV went to Aazard Alley & Cadbury World,. Foryn V went to Phastrls W¢od Cadbury Worfd..
Form Vl wentto Pha￿lS Wood, Wamer Bros Stsjthos and Sky Studios.
Physical education and sport a￿ key components of the xhool wth all girls belng actNely inVo￿e￿ In vartous
sportSng actlvitles. ¥￿th the gir15 tsklng partln netball matches, swimming 9alas, cricketmatches. 8th￿￿eS meetings
and cross country.
Due to thg P8nd¢mi¢ our Carol S8Nc• was canc411gd. Tho follrywing prc￿l￿10ns toc4t placè.. Earfy Years did their
nativity'Away in 8 Mangerf.. Foms111 & IV'Cinderella'; Fomis l & Il'stella the Ststhsh,: Fixm V & Vl'Twdfth NvJht'.
There was also a Prop School Music Concert
Fomi V & Vl went on a residenti81 trip to Suffok and Fomi IV had a team buildinglbushcraft day and sl8apovor in
t8nts.
The 5chry)I wntinugs to èxpand the glrfs, horizons wth a rarvJe of lunchtime and after school clubs, includiTrJ Tatr
Kwon Oo, Speech & Orama, Baiet, Dance, PlayBall, M.'teth 8nd GyTnna5tics. Staff also ran exira.cwri¢ular club$
Malh$. stgn language, yoga, netball, gardening, roundÈrs, knitti￿ and sewlng, Draw wth Rob, PLttzle
games. Cosmic Kids, Ch￿ber ChtThr. Sp8&Y St8¢klng. Purple Mash & muftl-sports.
Flnanclal revl¢w
Thafinanoal perfomianceforthe pericKlwasgoodvrith a surplus c1£42,02112021: £76,227). InC￿e has kmproved
from tuition fees and cash balance has improv8d at yèar eThJ.
Depreci￿lOn on fixod 8ssets was £65.56212021'. £62,494). The m￿n CYb5t to the School rgrn8inad salaries which
irKreased overall by 2.8% Compar￿ wlth 2021. The Scho)I's overal irKrea5e in fee inwme was 1.5% comparèd
with 2021.
At 31 August 2022. bank twovAngs were £nil12021.' £nill.
R￿erYt5 Poll¢y
Thè finanees, budgets and spend against budget are re9tJlarfy revSewed by the Bullding and Finan￿ Committee
th8 Govemors as part of the eff￿1v& ￿8n￿$ment of the School. Close attention is paid to cash flow
ManageM￿t and Ihe relationship belween Cash generation. the School's inc4)me and future capital expeTrJiture
plans_ In the ywar ended 31st August 2022 thg surplus before depwiation was £107,583 12021". £138,721).
apprO￿rnating to 7% ofthè School's Income.
Freehdd property is Induded in the finanrial statem8nts at a dapreciated cost of £1,219.311 (2021.. £1.251,4271
which is Conside￿ to be materially less Ihan markol or replxernent value. The reserves policy isto maintain total
serves, ¢a$h awail8biir¢y and cash generathon at levels enaNe the School to plan for luture capital
ex￿nditure, whilst effecfN•ty managin9 the School's educational and charitabb acllvllles.
year•eThJ reserves ofthe School were £222,08212021." £147,744}.

CHARLOThE HOUSE SCHOOL LIMtrED
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT)
ICONTINUEDI
FOR THE YEAR ENDED 31 AUGUST 2022
Plans lorluture p•rlod*
A ￿pr￿h9n$Sv? Schoc4 Developm￿1 Plan has b￿ft created by the Senior Managemwt Team our fod ffx
next year incluth..
To corbtinue to ertourage deeperawareness of& 1m￿eMerrt ways lo support & strengthen staff and rM)Ils'
POBitive m8nt81 health and w$1-￿Ing.
To giv$ 811 girfs more opportunities acros8lhè ￿mIx11yrn sothey can disc￿verneW strengths and Interests.
To continLW to encourwJe excellence thrttughout tha curricLrfum and a¢Tc65 all year groups.
TheTnJstees commissioned a qualitatlva research survey of pargrts. The59 vwts. gathered frryn XS
parent inieNMYs. can inform th8 strat￿Y forthe next perÉod and ￿Yon0.
Audlior
ofthe p¢rsons who is a trustae at the date of 4)woval of this report confirms that..
so far a$ they are aware. Ihgre 1$ no rèl8vant audit infonnation of whKh tha charty's auditor 1$ unaw8re',
and
th8y have tsken all $tep$ that they ought to have taken as a Iwsteè to make themsefves awarg of any
relevant audit infomolion and to estsbllsh thal the chari1￿$ auditoT is aware of that irlomiatlon.
The auditorls to have been re-appL¥nled in ￿1rdance ¥￿th sedon 487 of the Compani•skt 2CK)6.
The ch8rOtys audiior, Mercera Hole. Incorpor81ed on 1 October 2022 to i￿c￿l0 Mw¢ar & Hole LLP. The trustees
havg con50nted to treating the incorwjration of Mercer & HO￿ LLP as a continuation cl the exrsting 8ud5t
arrarvJement and in 8c¢ordancè wbth the charitys articles, a resolLrtion prOp0￿r￿j that Mercer & Holè LLP be
apFM)Inted as auditor of the charity will be put at a Gener81 K4eg1inB.
The Trustees, repcrt I￿1(￿jing tha strategic reporL was approvèd by the Boanl of Tnjstees
Mr¥ S Stsrr
Mrs C Smlth
D8ted.. 1:.3.:.2g

CHARLorrE HOUSE SCHOOL LIMITED
sTATEMETr￿ OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 AUGUST 2022
trusteas, who a￿ also dwectors for the purtM)8es of compony law, are responsible f(Y prepgrfng Ihe trsJBtees'
report and the financial staternents in *cord8nce with applicable law and Kingdom AccountiThJ Standards
(Unitod Kingdom GenerallyAwted Accounting Practice).
Company law requires th8 charity trust￿ to prepare financial statémÉnts for each year %thich gwe a Inje 8nd falr
view of the State of affairs of the charftable company and the incoming r8soLwces ond appJicatiM of r8sourcg$.
includiro th& In￿me and gypeTh4thr8, forthat perfod.
In prgp8rfTrJ these financial statemerts, the tnjstees 8rg rgquired to..
Sdect S￿ble acwunting poli¢le$ and Ihan appty them con8istsnUy-
ObseN& the methods and principles In the appIl￿ble Chorffjes SORP 2019 IFRS 1021,.
Makejudgments and accounting e&tirnates that are reasonable and prudent.,
Stale whether applicable UK At*ountlNJ St8ndards have been follNed. subject to any materfal departures
discloBed and explained in the finonoal statements..
Prepare the fin8ftcio1 statements on tho going concem bass unl85s li is inapprowiate to presum8 thèt the
charity wi11 contiiué in business.
Tha trustaas are responsible for keepiro adequate a¢¢ountir¥J records that are Sulfic￿nI lo show And explaln the
eh81ity's tr￿￿tIOnS and disdoseYAth reasonable8¢¢uracy ai any tlmethe financial posthon ofth8 char*y and enable
Ih&m to ensur9 that the finanaal siatement5 comF4y vAth the Companies Act 2006. They are also reSPC￿s1b1e for
saf&Juarding Ihe assets oflhe charity 8nd hènee fortaking reasonable steps forth& prèvgntion and deiection offr8L4d
and oiher irregularilies.

CHARLorrE HOUSE SCHOOL LIM￿ED
INDEPENDENT AUD￿OR's REPORT
TO THE TRUSTEES OF CHARLOTTE HOUSE SCHOOL LIMITED
Oplnlon
We have audited thè finarthl statements ￿ Chartotte House School ￿rnited {th8 'charity'} for the year ended 31
Augu812022 which ¢￿)￿lse the statemenl of finanixal actiV￿e$. the bdancg shèèt. Iho ststement of cash flows and
notès io thè fin8ndal stataments, induding signifKant accounting polldes. Thefinanaal reportiro framework that h8S
been appllèd in thair p￿paratiOn is appllcable law and Unf(gd Kingdom A¢v)untiw Stsndards, irKluding Fnancial
ReKx)rtiwYJ Standard 102 The Fin8nci81 Reporting St8nd¥O applKable in thg UK and R8publi¢ of tr618nd Iunited
KSngdom GenerdlyAccepted Accounting Prddicel.
In ouropinion. the financi* st8tements:
glvè a true fairview ollhe slate ofthe ch8ri18b19 cOm￿ny,S affalrs 8s at 31 August 2022 and of ts in￿mI￿J
resources and application of re59urces, for th¥ year then eThJed,'
hav& been property prepared In accordance with United Kingdom G¢n•roltyA¢capted Accounting Praclice., and
have been prepa￿ in ￿rdS￿& wilh the r￿Irements ofthe Companies Act 2006.
Basls for oplnlon
Wg conduded our audli In aco)rdance with Internalw)nal Stsndards on Auditlng IUKI IISAS {UKII and ap[￿table law.
Our responsi￿lItieS under those standards are further described In the Audit￿$ r8sponwtsht18$ for thg audh of thg
flnBnclal statgmgnts section of our report. We are independent of the charity in acLordanBe wtth ethlcal
requir&nenis that are relevanttoouraudit 0ftheffin￿Qal stotements in the UK, including th? FRC'S Ethical Standard,
and we have fU￿illed our other Èthical responsibilitias in aciordance wilh these requirgments. We bellev8 that the
audit evidence we havè oblain&d is sufficlent and apprwiate to WOVKle a basis ftsrour oplNon.
Conclu•lon¥ rot￿Ing to golng conc•rn
In audrtir¥J the financial staternents. wehave conduded IhattheTrustg8s' ofthegoing conc8m basis da(t￿jnt1rQ
in the PTeparabon of the finan¢ial *at¢ments is appropriate.
Based on thè work we have performed. we have rot iderhtffi8d any matsrf81 uncertalnties relatiro to events or
ondition5 that, iwKJividually or collectlvety, may c85t signrficant (bubt on thè charity's ability to conbnue as a ooi
eoncom for a pgri¢)d of al least ￿1ve months from Yh)en the financial ststements are aut￿138￿ for iSSL*.
Our responslbilltles and the responsibilitiès of the trusiaes with respert to going concern 8r• described in the relevant
Sectio￿ of this Tepcfft.
Oth•r Information
Th& 0th8r information cK•mpris8S thè infornation Induded in the annual report otherthan the flnanckqt statements and
our audllorfs reporitherwn. The truslg88 are rsspon&ble forthe other infomiation contained ￿lI￿n the ann[￿1 report.
Our or*nk)n on the fin8ncial statam8nts doas Th)t cover the other ithmiation and we do not eXp￿sS any fom of
assurance ￿nClUSion thereon. Our responsibility Is to re￿ the other Inforrnalion and. in dthng so. consider whether
Ihe other information 15 materially inconsisient wilh the fi'nanrial st8temÉnts i)r our knowledge obiained in thè couwse
of th8 audit, or otheN41se appears to be materially mis5tsted. If wg identify such material Inconsisten￿e5 or apparènt
material misstatements. we are required todeterming whgthgrthi5 giv&s riso toa material misstatement in th8 financial
statemènts themselves. If. based on the work we have perfom)ed, we conclude that there 15 8 materfal misstatement
of thls cther Inlorn)alion, wg arg required to report thaifo¢t.
We have Th)thing lo rgport In this regard.
M•ttors ¢n whlch we are requlred to report by •xc•ption
We have nothing lo report in respect ofthef0ll￿ng matters in relaticm tovhich thg Charltias (Accounts and Reports)
Regulalions 2CA)8 r9quirs us to r6port lo you ￿, Sn ow opinion..
the informaUon gwn in tI￿rI￿an¢￿81 statwnonts Is I￿￿￿$t•nt In any material resFeCtwithth8 Trusiaes. re￿rt..
ufftienl ¥countlng records have not bèen kèpt,. or
the finanGial stalwnents are not in agreemenl with1hè ￿lUnts"n9 r8cords.' or
ws have not received all the inf¢Jmatson 8nd expi8nation5 wè rsqullefor our audit.

CHARLOThE HOUSE SCHOOL LIMITED
INDEPENDENT AUDrroR'S REPORT (CONTINUED)
TO THE TRUSTEES OF CHARLOTTE HOUSE SCHOOL LIMITED
Responsibiliti9$ of trust••8
As explained more fully in the stalwn$nt of Trust¢¢s' responslbllities. the tN$te&s. who 8r8 also the directors of ihe
thority for the purpose ￿ ¢ompgny1gw, are responsibl8 for the preparation of th8 financAal s(atement5 and for ￿Ing
satsr￿d thal they giv8 a truè and falr vlew, and for such inlemal Gtsntrol as the trustees determine is D￿sSary to
enable the prep8ration offi.nan￿al statèments that arefree fr(xn m8terf81 misslatgment, vthether due to frwjd or sir￿.
In txepariro Ihg finandal statements, ihe iru51ees are responsible for assessing the charily's ability to continue as a
going ¢0￿m, disclosing, as applKable, matters related to going Conc￿ and usirrfJ th& golng con¢em basis of
a¢counllThJ unless the truslees eIt￿r intend to liquidatè tha charitable company or to cèase OFerations, OT have no
allslk altemative but to do so.
Audltorfs responsibilities lor thé audlt of the flnanclal statem•nts
Wè have been appointed as auditor under 5ectKTrn 144 ofthe CharitiesAct 2011 aThY report in $c￿danCE wlth the Act
and rdevant regulations made or having effect thgreundgr.
Our objectNes are to obtain w$on8ble assurance about whetherlhe fnanci81 st8tamants as a whole are free from
mat•ial mls5taiENnenL wheth8r dug to fraud or error, and to ISSU8 an 8udiiols r8Fth thal includes ￿r opinlc*).
Reasonabk assurance is a high level ol assurance bui is not 8 guar8ntee that an audit cy)nducted in accordance Y￿th
ISAS (UK) will always detect a malerial misstatement when tt gxi$ts. Misstatements can arise from fraud or error and
arè consid&r8d material rf. individually or in thè 8gGregate. they COU￿ rea50nabty b& expected to Infiuence Ihe
ecotN)mlc declsions of users ta(en on the basi5 01 th0sg finanoal statements.
Explanalon as towhat exterrt th• audit w•$ ¢onsidèr•d capable of detectlnq Irrogularltl•8. includlng fraud
We gained an undèrstèndSng of the legal and regulatory framework applicable to the company arKJ the industry In
which tt 0￿[81$s and consldered the rfskdacts bythe companythatworo contraryto applicablÈ18wsat)d regulations.
inclu(5ing fraud. Th8s& iTKluded, but wer8 not limi18d to. the Comp￿leS Act 2006. Charities Act 2011 and tax
legislaticffi.
We evaluated Managem￿￿$ incenlves and opportunlues forfraudulenl rnanipul*on ol ￿ financial ststefflents and
the tInar￿la1 report lincluding tho risk of ovenlde of conlro151. and dètèm)In8d that the prinapal risks were related lo
postiThJ in8ppmpriate entries irxludingjoumals to overstate incixne or uThJerstate expendlture and managsment bias
in accountirlg gstimales.
Audh proc£dures perfovmed by the engag¥montt¢am includ￿.
dBcussionswith man￿a*Ment, Including ￿ns￿eratIonS of knimn or $u$pectod Instances ofnon- complianc•
wlh laws and cggulations and fraud.,
985ning an understanding of managwnenf$ controls deswJned to prevent and tstect irregyl8rities: and
• idèn1￿1rQ and testlng loumal errtries.
Owlry lothe inherent limitabons of an audit, the￿ is an unavoidablo riskthatwe may not havedelected 30m8 matarfal
misstatgments in the financlal statements, even though we hav¥ property plann&J and perf0rrr￿d our audit in
accordance with auditing siandards. For example. thè furthar removed nOr*cOrn￿lance with laws and wulations
lirregularftiesl is from the events and trarLsactlons refiacled In the finanLxal statemen15. the lass Ilkety the inherently
limited pmcedures required by aud￿ng 51andatds would identlfy it. In 8dditson, as with any ￿dit, Éhere remained a
higher risk of non-dglection of irregularib"es. as these may involve ¢dIusi￿, forgery, Intentional omisgons,
misrepresentations, or the ov9rrid¢ of internal controls. We are not respowblg lor prèventing nonv compli8ncé and
cannot be expeded to datÈct non-ccmpliance wilh all ￿¥3 regulaiions.
A ftjrther dgscription of our responsibililies is 8vailablè on the FinancAal Reporbng Coun¢il'$ website at.. Mtps.'/l
W*M.fr&org.ukJaudrtorsTesponsibil￿¢Ie5. This desL*ption fomis part of our auditorfs report.

cHARLO￿E HOUSE SCHOOL LIMITED
INDEPENDENT AUDrroR'S REPORT (COP￿I￿VED
TO THE TRUSTEES OF CHARLOTTE HOUSE SCHOOL LIMITED
Us• of our r•port
This report is madè soldy to thè charrtvs trustees, as a tmxly, in a¢cord8rK& wllh part 4 of the Charities (A￿OUnt8
and R8rK)rts) Regulatlons 2[￿8. Our altdit work has been undertakgn So th* we mKJht stsle to the charity's truste98
those matters wè arè raquired to state to them in an auditorfs r8port 8ThY no other purpx)se. To the fvllest extent
pem)ltted by law, we do not accept or assume responsibilityto anyc￿& ciherthan the charfty and the charitlBtrust¥gs
as a body, for ow authl work, for this report. orforthe opinions we have fc¥med.
Jolene Upshall FCA (Sonlor Statutory Audltorl
for and on behalt ot Mercer & Hole LLP
10103/2023
Chartèr•d Aecountantg
ststutory Audltor
Trinity Court
Church Street
Rlckmansw¢)rth
W03 1RT
Mucar & LLP is eligible for appJirrtrnent as auditLY of the chwity by virtue of its digibility for 8ppointment as
authtorof a company un(kr secllon 1212 of t1￿ c￿MpanY¥SACt 2006.
10-

CHARLOTTE HOUSE SCHOOL LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2022
UTr￿trIct•d R•strlctsd
funds
funds
2022
2022
Total
2022
2021
Not•8
Intom• from:
Grants, donthns arKt lega¢i$s
Charitable ￿tl￿tIeS
5,458
1,481,77S
5,458
1,481.775
11,928
1.442,444
Totsl In¢om•
1.487,233
1,487.233
1,454,372
nditur• on:
Ch8ntable *iwti85
1.443,918
1,294 1,445.212
1,378.145
Totsl •xp•ndithr•
1,443,918
1,294 1,445,212
1,378.145
N•t Incomellexpendlture} for thè ￿#r1
Net movement in fund•
43,315
11.294}
42,021
76.227
Fund balances at 1 September 2￿21
1,711,673
9.545
1.721.218
1,644.991
Fund balances at 31 August 2022
1.754.988
8,251
1.763.239
1,721,218
The &atement of finana81 &liwtiès includes all gains and losses Tecc•Jnised in th& 5*8r.
All irwme arky expenditurè darive from conunuiro acliviiies.
The 5tatementoffin8ndal 8Ctivibos also complies with the requirèm￿$ foran Ino)me and 8xpenditure a￿ntun(jor
the Compan*$ A¢t 2006.

CHARLorrE HOUSE SCHOOL LIMrrED
BALANCE SHEET
ASAT 31 AUGUST 2022
2022
2021
Notes
Flx•d a88•ts
T8rwiblè assds
1,541.157
1,573,474
Current assets
Debtors
Cash at bank and in hand
23,277
486.018
14.448
41S.010
509,295
429.458
Crndltors: amounts falllng du• wllhln
one year
1287.213)
{281.7141
Net current assels
222.082
147.744
Totsl assets lèss current Il•bllltlt8
1,763,239
1,721,218
Incom• funds
Restrided fuThls
Unrestiicled ftJn¢Ys
11
8,251
1.754,988
9.545
1,711.673
1.763,239
1.721.218
Thg company 1$ ¢ntiUgd to 6xempUon from Ihe audit requSrement contained in $6Ylion 477 of the Companios Aci
2006, lol th• year oThJed 31 knJust 2022. atthough ￿ audTt h88 beon ¢8rrieil out under sectlon 144 clthe Char￿eS
ACL 2011.
Th8 throLlors ackno￿8&a9 Iheir r88pon8SblllDes (x)mplyirKJ wilh the roqulrements of the Companies A(12CQ6 wtth
respect to accounting records and the preparation of financial statémsnts.
The MeMb￿S have not required the efjmpany to obtain an audit of its financ4al slatements underlhe requirements of
the Compan18s Aci 2006. for th8 year in qugStK)n in 8¢cordance wlth sectlon 476.
These financial stst8ments hav& been prepwed In awcfdance wtth the prov1s1o￿ appli￿ble to companlès Subl￿t to
the smal comp8nies rwJimg.
The financial thtements were approved by the Trust￿ cffi.... ..
Mrs C Smith
Trust••
Company r•glstratlon numbw ￿912022
12-

CHARLOTTE HOUSE SCHOOL LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR EPIDED 31 AUGUST2022
2022
2021
Cash flows from oporatlnq actlvltl•$
Cash géneratèd fr¢)m op8rats.ons
14
104.252
201.140
Inwjtlng a￿l￿ryti?
Pwchase of tangib￿ fixed assets
133,2441
174.7681
N•t fA8h us•d In Inv•stlng actlvltl••
(33,244>
(74,768)
N•t cash u8•d In flnanclng acuvlues
Net Increue In cash and cash equlvaler
71,1108
126.372
C¥8h cash equivalents al bgginniny of y98r
415,010
288,&38
C¥¥h •nd ¢#sh •qUIv￿OnI* at •nd of y•ar
486,018
415,010
13-

CHARLOThE HOUSE SCHOOL LIMrrED
NOTES TO THE FINANCIAL sTATEME￿rs
FOR THE YEAR ENDED 31 AUGUST 2022
Accountlng pollcles
Charlty Informatlon
ch￿Otta House Schoc4 Llmited is a private company limited by guarantee incorpor*8d in Englarvj aThJ Wdes.
Th8 raolslered offic£ is 88 The Drive. Rickrnansworth, Httrts. WD3 4DU.
1.1 Accountlng convenll¢n
The finanaal statsmènts have been prepa￿ in accordance wlh the ch8ritls Memorand￿￿ and Arbdes of
AS￿￿ation, the CompaniesAct 2006 and"Acuunting and Repcrting bY¢har￿95.. s￿&ment01 Recclnmended
Pr￿tice appllcable to charities preparing their accounts in accor(jan￿ with the Finanaal Reporbng Stsndard
4)plicable in the UK and Republic of Ireland IFRS 102}-{as 8mewxled for a(t<KAnting p8ri¢)ds commencirvJ from
1 January 20191. The chartty is a Public Bengfit Entf¢y as d&fined by FRS 102.
The finanaal siatements aro prapar9d in stwllng. vthlch Is the funcllonal currency of the d￿rity. Mon¥tary
amowts in th959 financial statem8nts ar8 rounded io the nearest £.
Thg fin4n¢i¥l 51¥t8m$nts hav8 be8n prepared under Ihe historical ￿51 ￿nVentiOn. Imodifibd to indude the
rovaluallon of fr88hold properties and lo include investment properties and ¢ert8in Itnandal Instrumants at fair
Val￿1. The principal accountirvJ p￿￿1￿$ adopted are sel out bg10w.
1.2 Golng concorn
At the tine of apFYoving th6 financaal statements. the twstee8 have a rea¥onable gxpectation thal the charity
has adequate resour￿ to continue in oper8tional existence for the foresgeab19 future. Thus the tnjstees
continue lo adopt th8 going concem basls of a(xounting in preparing the financial statemerts.
1.3 Charitsblg lund5
Unrestricied funds we awdilable for use 81 the discretion tha trust8•s in further8￿￿ of thwr ¢h8ritable
obj*1￿8¥, unless thè funds have been designated for other purFx)ses.
Restrided fvnds 8rè sutyéel to SP8dflc condbb.ons by doTh)rs as lo how may be u*Y. The and
uses clthe reStrK1￿l fund$ a￿ $ot out in the notes to the financlal statements.
1.4 Income
Incomè is ￿cOgnIs&d Mthen the char￿Y is1gJally entitled to It after any p8rforman¢e ¢onthtkns have bean mot,
the amol*￿ Can be measured reliably. and St Ls tffobable that inwmg wll re¢xived.
Cash donafjt)ns a￿ ￿CognISed on receipt. Othw donatK)ns are rerJogni5ed or¢e the d)arity has been notrfted
of thg donation, unlBss perfomance condttions require deferral of the amount Incom8 tsx racoverable in
relation to dC￿ationS re￿Ived under Gift Aid or deeds of covenant is rÈcogrMs*l at lh8 l*ne d the donation.
Legacies are ￿¢¢¥j￿1$$d on ￿CeIpt or otherwise rf the chariiy has been notrfiÈd of an Smpand*ig distribution,
the amount is known, and rec&pt is expected. Wthe amount is ￿t known. the le9&y lstreated as a contingent
As$èl$ for dlslrfbullon are recognlsed only when distributgd. Assets given for use by thè charity are r￿cgn1sed
vA)en recelvaNe. Stocks of undistributed dtsnatèd go(KIs are n(A valLtad for balmnce sheet purposes.
Gov8rnment grants ￿lati￿j to revenue ar8 Tecognised in income on a sy5ternatic basls over the ￿0d6 in
vthich the entity recognises tho relaled costs l(K vthich thg grant Is lrtended tg ¢¢¥npensate.
Turnover Is measured at the fair value of the ￿nsideratIon re(%lv8d or re￿IVable and reFYesents amounts
rthvable lor goods and services provided in the normal ¢ouw of buwrws, n8t of disccmjnts, VAT and other
sales ￿lated taxes.
14.

CHARLOTTE HOUSE SCHOOL LIMrrED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI
FOR THE YEAR ENDED 31 AUGUST 2022
Accountlng polkl•s
(Contlnu•d}
1.5 Expenditurn
Expenditure is recognisèd on an 8ccruals basls as a IiBbiliy is incurred. ExFenditure indudes any VAT vthich
cannot be lully recovered, and is dassffi8d under headings of the ststernent of ffin8n(¥al ath"viiles to whkh it
relatès:
expenditure on Taislro fvnds i￿ludeS the costs of di fvndralsing acbvitres, events. nty) charltable
tradirKJ activities, and the sale of donated goods.
expenditure on charitable activibes includes 811 costs inGuirBd by a charity in undertaking actiV￿"&S that
further its charitatAe aims for tha b6n8fit of rts ￿neficIaneS. it￿¢*Jing those supporl costs and costs
relaung to the govgrnance of th8 charity apportioned to charitable activiues.
er ex￿ndIt￿r￿ includès all èxpenditura that is neither related to raisiro funds forthecharity norpart
ts expenditum on ch*it8ble aCtIv￿es.
All cc>sts are allocated to ewditure categories relleclire the usè of th8 rasc￿ree. D1￿ct costs attributakAe lo
a single acilvlty are allocated diwtly to th* ￿tivity. Shared c051s *e apFKrtlC￿d bebveen thè they
cxjntribute to on a Teasonable, juslifiablo and Consistent bas(s.
1.6 TangibF• fix•d assets
Taroible fixeil 855ets are irxtially mgasur8d at cost and subsequenoy measured at <x)st. of dapreciat￿n and
8ny knpoimient IE)sses.
Depreci8tion is rèttsjnisèil so 8$ to wrlte off Ihg cost of assets ￿s$ their residual v8luÈs over th8lr usefij lives
thg folloTrMNJ b8$es'.
Buildings
Ftxtures. frttlngs & equlpment
Motor Vehicle
2% on cost
10% redudng balane
10 years straigm line
Freehold land and assets in the course rA ci)nstwudion are not deprecSated.
galn or loss adsSng on the disposal of an assel 13 determin8d as th8 differènee be￿een the 3819 prD(x8ds
and earryiryd value of the asset, and is re¢(NJnised in the statoment of financlal activbties.
1.7 Impairm•nt of fixed assets
Al each reportirbg end dat8, th8 charity r8vi&ws the cwrying amounts of ts tsngble ass8ts tod&temi1ne￿eth&T
lh@￿ is any irKllcation that those assets have suffered an impAimient loss. If any such indKabon exisl$. tha
reeoverablo amount of the asset is estimated in order lo deterrnin8 Ihs 8XtÈnt of the Impairment bss {bf any).
1.8 Cash and cash •qui¥al•nts
Cash and cash equrvalants include cash In hand, deposits held at call wilh bank3. clhgr short-temi IK4uvJ
Inveslmenls wlh originaj maturilies of thra& months or less, and barl( overdrafts.
1.9 Flnanclal Instrumenis
The Charity has elgCt8d tQ8pplythe provislons of Sedon 11 '8asic Financial In8trumgnts' and Sedon 12'01her
FinartiJ Instruments Issug8' of FRS 102 to all of Its fSnandal Instrument
Fina￿￿81 instrumenis are recDJnised In the chariitys balanc* sheet when the b8comes paty to tha
contractual provisk)ns of the instrumènt.
Fina￿la185$èts and liabilrfiès ar8 offs8t, wth the netamounts presented in Ih8financial statements, when there
is 8189ally enforCe8￿e right to set off the recognised amounts and there is an intÈntiM to settle cffl a net basis
(K lo re81i$g thg assat and settlg tha liablllty sSmuWaneousty.
15-

CHARLorrE HOUSE SCHOOL LIMrrED
NOTES TO THE FINANCIAL STATEMENTS {coKfiNUED)
FOR THE YEAR ENDED 31 AUGUST 2022
A¢countlng pollcl•8
(con￿nUe￿)
Baslc financlal assets
Basicfinanoal assets. which includg debtots and cash bank balances, are Initial￿ mogsured attra￿actIOn
e including transaction costs and aré SLtbs8qu&ntly carried al amortised cost using the effective inierest
mothod unless the arrangement constitutes a financiro transathon, where transaction is measured at thg
esent value of the future receipts discounted at a mawket rate of interèst. Financial assets dassifieil 85
rKeivable %%llhin on$ yèar arè not amcfjtisod.
lfftpalrment olllnan¢lal assgts
Final￿la1 assats, other than those hÈld 81 f8ir v81u8 through Sncome and expenthture, arn assessed for
)dlcators of impainnent at each reporting date. Financial assets are impaired wher8 there Is objective evidence
thot, os a result of one ￿ more event5 that occurred th the In￿4 reco)nTtKJn of the ffinancial asset, thg
estimated fuiure cash flows havè b88n affected.
Wan asset 1$ Impalrgd, tha Impalrment loss isthe drffergncè b￿v&snth9 caryiig anount and thé preseni value
(* the 8Stirnated cash flows discounted at the asset's 0ri9lnal effective Interest rate. The Inpaim￿t loss Is
Tecognis6d Mi net Incomellexpendrturel for U)e yoar.
If there Is a decrease in the Impairrnerrt loss arfsiThJ from an event occurring 8fter ￿ tmpalrment w85
f8cognised, Ihe impairment is revarsèd. Tho reversal is such that the cuffent carrwng amount doe5 not exceed
what the carrying amount would have been. had the impairment not tygviou$ly been rwnis8d. The
Impe4rmenl reversal is r9wgni56d in net Incornellexpenditurel fr*thÈ wr.
DgrKognltlon of finanelal assgts
FinarKial assets are d8r8cognised only when the c￿ntractUal rights to the cash the a55et èxprrè or
e sewed, iy whèn thè charity transfers the fir￿ncial awt and substantially all the risk3 rewards of
wnership to a￿￿h￿ren￿ty, or if some signrflcant rfsks and rewards of ownfjrship are r8taSned butconlrol of th8
a65el h8s tran¥l8rrBd to another party that is to sell thè assat in its 8ntirety to an unr¢l8led thlrd party.
8￿¢ finartcialllabllltles
Basic financial lialylib$s. including creditOTS and bank108ns initi311y recognis8d at trangactii)n pric6 unless
the arr8roèmÈnt eonstitulas a finar￿Ing transaction. whwe the debt instnJment is measured at thè Fyesent
valu8 ol the fLrture payments dlscounted 81 a market rats of Interest. Flnancial liabilities ddSsff￿d as payable
within on8 yw are nol amortised.
Debt Snstruments are subsequenuy carriad at amortlsed cost, using the Interèst rate methc#Y.
Trad8 creditors arg obl¢gations to pay for go¢)d5 or services that have baèn acquired in ts Ordin￿ eA)urse cl
opÈrab'ons from suwièrs. Amounts payable aTe cJa5sffied as cuffent liabl11t￿S ff paymenl is due within one year
or l•$$. If not, Ihey are presenled as rK>n-currgnt li8bilits8s. Trade credltors are recogni59d initiallyat tr￿saCtIon
e and subsequenuy measured at amortised c(Trst uslng the eff￿t￿e intefest method.
D•r•cognltlon of fin9￿191 li?biliti•s
Financial liabilities af• d6￿CognISed when the th8rity's contractual obligal£*)s expire or are dIschar￿d or
Cancelled.
1.10 Employ￿ b•neflts
The cost of any UNUS￿ hollday entsuement 1$ re¢e4Jnised In the In whSch the emF4oyee's soNlces ar8
re¢￿ved.
Tennlnation benefits are rec¢yJnised immedalgly Bs an expense when the charity is deM0rtstra￿Y ccynmitted
to tarninate the ernFAoyment of an 8mployee or to provide tem)ination t￿n￿￿.

CHARLOThE HOUSE SCHOOL LIM￿ED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 AUGUST 2022
AccountSng polkle$
{Contlnu•d)
1.11 R¢tir•m•nt b•nèllts
Payments to (18fined ¢(x)lributlon retlrement t￿efit schemes are charged as ￿ expenstr &$ they fall due.
Thè school conlributas towards the Teachers, Pension Scheme I'TPS'I which 1$ a defined benefft schgrne. Thè
TPS ig an unfunded scheme and contiibutions are calculated lo spread the ¢o$l of ￿n￿OnS over employeg3'
working li￿$ Mth the school in such 8 way that thè pènslon cost is a substants.ally level percentage of cu￿nI
J firture penslonable payroll. The contributions are d8termln8d by tha Government Actuary based on
(lAd￿nn1a1 valuations usirvJ a prospedve unil (xedit m8th(yJ. TPS is an unfunded mulbemployèr sch8me wih
no un￿rty1r0 assets lo assign belween employer5. Consequently, the TPS is treated as a defined contribution
scheme for aCcow￿lr￿j pwposes and the contribution5 racognised in the Ood to which they relatè.
Grants. donations and l•gocI•s
Unregtrlcted Unr•8trlcted
fvnd¥
furKI$
2022
2021
Donations and gifts
Govomment grant inccffle
5,458
6,164
5,764
5.458
11,928
Charltable acti￿tIes- income
2022
2021
Sthod ar￿ reglstration fees
Other edLKal*)nal irKome
1.462.876
18,899
1,440,576
1.868
1.481,775
1.442.444
17-

CHARLorrE HOUSE SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
Charltabl• actlvltles
Support Activlll•s
costs undertaken
dlr•ctly
TL*al
2022
Total
2021
Stsff Ix)sts
Depreciation and impairment
Maintenance
Rates a utiliti9$
8urs8riès & discounts
School books & consumablès
SLtbsuiptw)ns
Insurance
Bad detrts
206.991
835.125 1,042,116
65.562
65.562
119,615
119,615
25.124
25.124
71,365
71.365
18,212
18,212
6,719
6,719
18,$32
18,532
1,638
1,638
1,013,534
62,494
115,856
29,044
73,428
15,526
6,120
16,250
206.991 1.161,892 1,368,883
1,332.252
General supp)rt costs
Govern￿e costs
63.609
12,720
63,609
12.720
33.923
11,970
283,320 1,161.892 1.445.212
1,378,145
Included in gov8manca costs above are auditorfs r￿nuneratIon for au(At s8Mc&s of £8.1(N)12021: £7.760}
d non-a￿lit servlces of£4.62012021'. £4,210}
Analy919 bylund
Unrèstricted funds
Restricted funds
283.320 1,160,598 1.443,918
1,294
1,294
283.320 1.161,892 1,445,212
For the year ended 31 August 2021
Unrestricted funds
Resiricted funds
253.905 1.122.946
1.294
1,376,851
1,294
253,905
1.124,240
1,378.145
Tru¥ts•$
Norté of the trustees any persorts connected with th￿) recwved any ￿muneratIon or beneflts fn¥n th9
charity durfng the year.
The InJsteBs' expgr6gs reimbursed by Sn th• yew aM￿nts lo £nil12021- £nill
18-

CHARLorrE HOUSE SCHOOL LIMrrED
NOTES TO THE FINANCIAL STATEMEprrs {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
Employ••¥
NuM￿r of employees
averaga Month￿ rnrnber of ￿nplOyeeS the yÈarwas'.
2022
Numb•r
2021
Number
Teaching slaff
Domestic staff
Administrabon staff
Agsistant staff
Kitchen Staff
15
15
30
Employment costs
2022
2021
Wag8s and salariès
Social ￿cUrrtY u)sts
Othw pènsion costs
825,225
76,756
140.135
805.799
72,804
134,931
1,042.116
1,013.534
Thè number of empltsyèas whoso annual r8munwalion wa$ £60.000 c¢ more wore..
2022
Number
2021
Numbor
£70,000- £80,0
19-

cHARLO￿E HOUSE SCHOOL U￿￿E0
NOTES TO THE FINANCIAL STATEMETrifs {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
Tan&Tbl• fix•d a88•ts
Buil￿￿￿
Flxlures. AlthrVthld•
Imtlngs &
At 1 September 2(Y21
Additions
2.122,386 606,405
33.244
30,820
2,759,611
33,244
At 31 August 2022
2,122,386
639,649
2,7¥2,855
Dopr•Gialion and Impalrnent
At 1 Septsmber 2021
Depreciation charggd in thè year
870,959
32,116
306,958
30.364
8.219
3.082
1.186,136
65,562
At 31 August 2022
3,075
337.322
11.301
1,251,698
amount
At 31 August 2022
1219,311
302,327
19.519
1,541.157
At 31 August 2021
1,251,427
299,446
22.601
1.573.474
Dobtors
2022
2021
Amounts falllng due viithin on• ￿or..
Trade debtors
ot￿r debtOTS
Prepayments and ¥¢¢ruod I￿l￿ne
8.388
475
16.436
14,448
23,277
14,448
Creditors.. amounts falllno due wlthln on• y•ar
2022
2021
Othertsxation and so¢ial securfty
Trade CTeditoTS
Other ￿e￿Ilors
Accruals and defeffed i￿￿Me
19,689
218,965
5.048
43,511
19,830
227,721
S,580
28,583
287,213
281,714
-20.

CHARLorrE HOUSE SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
10 Retlrement beneflt 8¢hemèJ
Teachers. Pension Sch•me
The school parti(ipatés In the Teachers, Pension Scheme EV￿￿nd ond Wales ITPSI, for academlc 8nd r91gted
Introductlon
The TeactreTS' Pension S¢heme ITPSI is a statutory, contriiKJtory, defined b8n8fit Sch￿9, governed by th8
Teachers, Pension Scheme Rggulations 2014. Membership is 8lJtom8tic forl6ad)ers In acadernie5. Al t88chèrs
have the oplicm to opt-out ol the TPS follovAng enrolmenl.
Thè TPS is an unfundad sch8metowhtch both th8 Mem￿rand employer makescontribuiions, as è ￿rCentage
of salary- these conlribuuons are cr￿11￿19 thg Excwuw. Retirement and olher pension b9n￿ts aro paid by
public funds provided by P8rfiamenL
Valuatlon ol the T•4¢h•rn' Ponslon Sch•m•
Thg Govgmmgnt Actuary, uslng nomial actuarfal winciplgs. ￿Tr￿UCts a fomial review of th8 TPS in
accordance ￿th the PulJic Senrice Pensions (Valuations and Employer Cost Capl DI￿tionS 2014 published
by HM Treasury every 4 years. Thg aTh of tha rèvlew Ss to specify the level ol future ￿ntributiOns. Actuarial
scheme valu8tions arè dependant on assumptions aboui the v81ué of luture e<>sts, design of benefrts and many
otherla￿￿￿. The l*est8cluarial valuaUon ofthe TPSwas cawwi8tJ out asal 31 March 2016. The valuation rgpgrt
d5 puilished by Iho Dwartmevrt for Edu(aUon on 5 March 2019.
Ths kgy elements of the ￿aluatI£￿ and Subsequent conwltatiDn ar8".
employer Contributi￿ rates set a123.68% ￿ per￿(on￿ble pay {5ncluding a 0.(￿% wjministralwm levyl
total ￿h￿rne liabilitias I￿nSIonS cuThently in payment and th¢ éstimated cost of future tr*neffts1 for
8ervice to the effecllve date d £218,1 DO million arKI n(Aion818ssets1ostimated future contributions
IINJelher wtth the notional investments held at the valuatlon dat81 of £196,100 million. gNiro a rntional
past Se￿1￿ defirAt of £22,CX)O million
the SCAPE rate, set by HMT. is used to dete￿nin& th• notSonal investment return. The current SCAPE
rate is 2.4% above the rate of CPI. assumed real rate of retum 13 2.4% in exc85s of prfces and 2Y• in
excess of eatninys. Thg rotè of real eamings growih is 8S5umed lo be 2.2%. Th• assumed rrfjminal
rate of rètum IndudlrKJ &￿IngS growih is 4.45%
The n8xi valuation result Is due to be IM￿emented from 1 Aprfl 2024.
Tho employer's pen5K)n costs paid to TPS in the pgriod amounted to £130,81612(r21'. £125,516).
A copy of valu8tion raport and supwllng documentation is on th8 Tèath8ts' Panslon website.
Under the deffinitsons set (Krt In FRS 102. th¥ TPS k% a mUlt￿eMploYer pension schwng. The charlty has
accountsd for its o)ntribthions to the sthémè as rf it wère a defined contribution scheme. The charity has set
out above the Infonna￿Trn availabl$ on scheme.
Non-tsacher5' P•nslot) Sch•m•
Thè school also contrib¢Jtes to defined cortribuilon schemes on bBhaK of its othw stsff. Employer costs
contributed to thgsg Sc1￿Me$ arnountsd to £9,31812021." £9,415}
21

CHARLOThE HOUSE SCHOOL LIMrrED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
11
R•strtct•d fvnits
The Incorne ftjnds of thè charity includ& restricted funds comprising the follMt¥J unexpended balances OF
d¢nation$ and grants held on trjst for spechfjc purp05es'.
Balanc• at Expendtur•
1 S•pt•rnb•r
2020
B•l•rKe 4t Ex￿￿d￿r0 Bal•nc• at
1 ¥epternl)er
31 AUg￿t
2021
2022
Donations sp8clI￿allY for mInit￿$
10.839
11,2941
11,2941
8,251
12 Analysi¥ of Mt a￿•ts b&two•n funds
Unrg$trict•d R•8trfct•d
funds
funds
2022
2022
Total Unrestricted R•8trfct•d
funds
fund$
2021
2021
Totsl
2022
2021
Fund balar￿e$ at 31
August 2022 ar8
represented by..
Tarolble assais
Current
a3setsllliabilrfio$1
1.532,￿6
8,251
1.541.157
1,563,929
9,545 1.573.474
222,(E2
222,082
147.744
147,744
1,754,988
8.251
1.763.239
1,711,673
9.545 1,721,218
13 R•latod party trangactl<)nB
We￿ no disdosable related party transactions Iluring th& ygw12021- nonèl.
14 Cash g•n•r•t•d from oporation
2022
2021
Surplus forthe year
42,020
76,227
Adjustments fcr.
Depreciation and impairment of tangible ffix￿ assets
65,562
62.494
Movèm8nts In working capiial..
Ilncreaseydecrease in det)tors
Incr8as8 in Creditors
18.829)
5,4
16.947
45,472
Cash g•n•rated from operatigns
104.252
201.140
15 Analysis of chang•8 In n•t fvnds
The thanty had no dabi during the year.
.22.