COMPANY NUMBER: 00937554
CHARITY NUMBER: 311711
BEAUDESERT PARK SCHOOL TRUST LIMITED
(a company limited by guarantee)
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

BEAUDESERT PARK SCHOOL TRUST LIMITED
CONTENTS
YEAR ENDED 31 JULY 2023
Page
Trustees, Officers and Advisers
Annual Report of the Trustees
Directors, Repoil
Strategic Report
6-11
Independent Auditor's Report
12-14
Slalement of Financial Activities
15
Balance Sheet
16
Slalement of Cash Flows
17
Notes lo the Financial Statements
18-28

BEAUDESERT PARK SCHOOL TRUST LIMITED
TRUSTEES, OFFICERS AND ADVISERS
YEAR ENDED 31 JULY 2023
DSrector8 and Charity Trustees
The Trustees of Beaudeserl Park School Trust Limited I'the School l are the School's charity trustees
undei charity law and the directors of the charitable company. The members of the Governing Body
who seived in office as Trustees, and also any ex-Truslees who served during the year as indicated.
are-
Mr M Pyper
Mr T Ahearne
@$ Mrs S Block
Mr C Casey
Mr A Collins
Mr S Ellioll
Mr P Evill
Lady R Ford
Mrs K Holloway
Mrs H I'Anson
Mrs Jones
Mis C Kay
Mrs C Lough
Z Lucas
@ Mr J Massey
Mr J Nelllelon
Dr J Thompson
Mrs E Walker
(Chair, Resigr5ed 10 July 20231
(Appointed 14 March 20231
{Chair, Appointed 20 June 20231
(Company Secretary)
(Appointed 20 June 2023)
(Appointed 22 November 20221
denotes membership of Education Sub-commillee
denotes membership of Finance and General Purposes Sub-committee
@ denotes membership of Marketing Sub-commillee
$ denotes membership of Governance and Compliance Sub-commillee
# denotes membership ol Boarding, PasloraS and Safeguarding Sub-commillee
Olflcers and Professional Advlsers
The Headmaster,.
Mr CD Searson BA, QTS
Finance Dire¢lof'.
Mrs T Scrivener BA, ACA
Independent Auditor..
Crtswe U.K. LLP, 41h Floor, Sl James House, St James Square
Chellenham, GL50 3PR
Bankers..
Lloyds Bank PLC. 12 Rowcroft, Slroud,
Gloucestershire, GL5 3BD
Solicitors-
Harrison Clark Rickerbys Ltd. Ellenborough House, Wellinglork Slreel,
Chellenham, Gloucoslershire, GL50 1 YD

BEAUDESERT PARK SCHOOL TRUST LIMITED
ANNUAL REPORT OF THE TRUSTEES ICONTINUEDI
FOR THE YEAR ENDED 31 JULY 2023
The Board of Trustees present their Annual Report for the year ended 31 July 2023 under the Charities
Act 2011 and Companies Act 2006, Ihus includino the Directors. Report and Slralegic Report under the
2006 Act. together with the audited financial slalemenls for the year.
DIRECTORS, REPORT
Beaudeserl Park School Trust Limited is a Charitable Company founded In 1908, charity number
311711, company registration number 00937554, with the liability of ils members limited lo £1 each by
guarantee, The Company's Registered Ollice and principal operating address is Beaudesert Park
School, Minchinhamplon. Glouceslershire. GL6 9AF.
CONSTITUTION AND OBJECTS
The objects ol the Company in acooidance with ils Articles of Association are the acquisition and
continuance ol schools for the education ol children and the furthering of education in all respects,
pariicularly as regards the development of Beaudeserl Park School.
In furtherance of these Objects for the public benefit. the School has established and administers
bursaries. grants, awards and other benefactions, and acts as the Iruslee and manager of property.
endowments, bequests and gifts given or established in pursuance of these Objects.
AIMS, OBJECTIVES AND PRINCIPAL ACTIVITIES
Aims
The School's principal aim is the provision of a high achieving, academically aspiring and all-
encompassing educalion in a friendly family environment, which upholds traditional standards. All
members of the School are actively encouraged lo achieve their true potential.
The Board of Trustees is mindful of the long~51anding need lo provide public benefit and of the
requirement of the Chaiilies Act 2011. Please also refer lo page 7 lor further details on the public benefit
given by the School,
Prlmary Objectlves
The primary objectives ol the School to fulfil this aim are..
To provide a stimulating lea¥ning environment in which pupils can develop their academic
potential lo the full.,
To provide a happy and secuie pastoral environmenl in which pupils can leain lo live together
and thus foster a sense of comtnunily, co-education, respect for one another and good
citizenship.,
To provide pupils with the OPPOTlunily lo lake advaniage of the breadth of co-curricular activities
in order to develop positively all aspects ol their character.,
To provide financial support lo enable children whose parents are unable lo alloTd the full fees
lo benefit from a Beaudeserl Park School education..
To provide a clear. simple and elleclive management structure capable of taking timely
decisions and allocating necessary resources appropriately,. and
To provide the necessary adminislralive and logistical framework lo meet the needs ol members
of staff and pupils alike.

BEAUDESERT PARK SCHOOL TRUST LIMITED
ANNUAL REPORT OF THE TRUSTEES ICONTINUEDI
FOR THE YEAR ENDED 31 JULY 2023
GOVERNANCE AND MANAGEMENT
Governing Document
The School is governed by ils revised Memorandum and Article5 01 A5SOC121ion, which were adopted
lor use at th8 Annual General Meeting held on 7 March 2006 and amended on 17 March 2020.
Governance
The updated Charity Governan￿ Code120201 was reviewed by the Trustees in 2022, and il was felt
that Ro changes needed lo be made to Ihe School's governance al this point, although this will be kept
under ieview.
Governing Body
Thè melhod of appointment of new Trustees is by invitation by the Board. Trustees are elected al main
Board meetings following nominations from existing Trustees lor candidates possessing the necessary
competencies, specialist skills. eligibility and availability. Trustees are appointed for a 3-year term bul
can seek re-election for up lo a further two 3-year terms. Any extension beyond nine years requires the
approval of the full Board. There is a school policy relating to the appointment and re-election ol
Truslees. In line with a special resolution passed on 17 March 2020. the maximum number of Trustees
was increased lo 18.
Trustee Training
New Trustees are inducted into the operation of the School and the requirement for compliance with
company legislative and ¢h2rilable regulations through specific orientation sessions organised both at
the School and elsewhere. Trustees have attended suitable updates or briefings on new legislative
requirements. The full Board has received training in safeguarding, the expectations of the Independent
Schools Inspectorate, and aspe¢ls of good practice.
Trustee Monitoring
A number of Trustees, acting in rolalion, vi51t the School each term lo scrutinise the School's
performance in key areas and monitor progress 2nd development in relation to slated aims and the
targets set out in the School Development Plan.
Organlsatlonal Management
To ensure that the Trustees have adequate suitably detailed knowledge of the operation of the Sohool,
ils policies and ¢ompliance with all the necessary company and charitable legislation, each Truslee
belongs lo either the Education, Finance & General Purposes, Governance & Compliance, Boarding,
Pastoral & Safeguarding or the Marketing sub-commitlees., their appointment lo the Governing Board
and respective sub-commillee refle¢ls their individLtal areas ol expeitise. These 5 sub-commillees
normally meet termly prior lo each main Board meeting. They are responsible for reviewing annually the
School Policiès and risks relating lo their area ol responsibility. They are also responsible for monitoring
and evaluating the rolevant se¢lion ol the School Development Plan which is prepared annually by the
School's management. The main Board Ineels termly lo review and appiove the sub-commillees, work
and the overall policy for the management. lun¢lioning and development of the School, for which they
have a legal responsibility. The day-lo-day running of the School is delegated to the Head and the
Finance Director. wilh support from the Depuly Head and the Head of Pre-Prep along with olher senior
staff.
Remuneration is set by the Boaid for all staff. Established pay scales reftecl skills, experience and
responsibi5ily, while the School aims lo encouiage enhanced performance and. in a fair and responsible
maiiner, reward individLJal contributions lo the School's success.

BEAUDESERT PARK SCHOOL TRUST LIMITED
ANNUAL REPORT OF THE TRUSTEES ICONTINUEDI
FOR THE YEAR ENDED 31 JULY 2023
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The Trustees (who ale also Directors of Beaudeserl Park School Trust Limited for the purposes of
company lawl are responsible for pieparing the Trustees, Annual Report and the financial 51aletnenls in
accordance with applicable law and United Kingdom Generally Accepted Accounting Praclice {Uniled
Kingdom Accounting SlaTrdardsl.
Company law requires the Trustees to prepare financial slalemenls for each financial year. Under
company law the Trustees musl not approve the financial statements unless they are 5alisfied Ihsl they
give a true and lair view of the stale of allair5 01 the Charitable Company and of the incoming resources
and application of resources. inclucsing the income and expenditure, of the Charitable Company for that
period. In preparing these linancial slalemenls, the Tluslees are required lo".
select suitable accounting policies and then apply them consistenlly.,
observe the methods and principles in the Charilies SORP.,
make judgements and estimates that are reasonable and prudent.,
slate whether applicable UK accounting stand3rds have been followed, subject lo any material
departures disclosed and explained in the financial stalemenls., and
prepare the linancial slalemgnts on the going concern basis unless il is inappropriale lo presume
that the Charitable Company will continue in business.
The Trustees are responsible for keeping adequate accounting records th81 are sufficient lo show and
explain the Charitable Company's Iransaclions, disclose with reasonable accuracy al any lime the
financial position of the Charitable Company and enable them lo ensure that the financial slalemenls
comply with the Companies Act 2006 and the provisions of the Charity's conslilulion, They are also
responsible lor safeguarding the assets ol the Charity and hence for lakillg reasonable steps for the
prevention and detection of fraud and other irregularities.
So lar as the TrLSStees are aware, there is rno relevant audit information of which the Charilable
Company's auditors are unaware. The Truslees have each taken all the steps that they ought lo have
taken as Trustees in order to make themselves aware of any relevant auclil information and lo establish
that the Charitable Company's auditors are aware of that informalion.

BEAUDESERT PARK SCHOOL TRUST LIMITED
ANNUAL REPORT OF THE TRUSTEES (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2023
STRATEGIC REPORT
MISSION STATEMENT
The School's mission is to provide a high achieving, academically aspiiing education, a broad
programme of ¢o-¢urricular aclivilies, higli level ol pastoral care. and a flexible approach lo aller school
care and boardiiig. The happy family alm05phere. which upholds traditional standards, is clearly
evident. Beaudeserl is independent of any senior school and parents and children are given unbiased
support lo help them choose and prepare for Iheii next stage ot education. The purposeful, nurturing
and SLtpporlive environment ensures children leave having gained not only an outslanding all-
encompassing education bul also personal qualilies, confidence, friendships and memories which will
last a lilelime.
STRATEGIES TO ACHIEVE THE PRIMARY OBJECTIVES
The Board's main objective for the year continued lo be the education of the School's pupils aged
between 3 and 13 10 11)e highest possible standard, so that they will succeed with their application lo.
and subsequent careers in, their chosen senior schools.
To assist in achieving this objective. the Board's sliategy was lo maintain 2nd improve the phygic81
buildings and assets of the School and maintain the appropriate nL)mber and quality of motivated staff
lo deliver the widest and most appropriate curriculum to ils pupils.
ACHIEVEMENTS AND PERFORMANCE
Inspection
The School successfully underwont a Regulatory Compliance Inspection by the Independent Schools
Inspeclorale IISII in June 2022. The Koy Findings were as follows.. 'The School meets the standards in
the schedule lo the Education Ilndependenl School Standards) Regulations 2014, the National Minimum
Standards for Boarding Schools 2015, and relevant requirements of the statutory framework for the Early
Years Foundation Stage, and associated requirements, ancs no further action is required as a result of
this inspection.
The previous Inspection in November 2017 dealt with both Regulatory Compliance IfiNdings as above)
and the Quality of Education which covered all aspects of school life, The parl dealing with Quality of
Education focussed on key outcomes.. the achievement of the pupils, including academic
development, and the personal development of pupils. The School was graded Excellent in both
categories, this being the highest of four gradings that can be awarded.
Review of achievements and performance for the year
Of the 55 Year 8 leavers, all went on to their first choice of a wide variety of senior schools. which tolalled
17 this year. Additionally, 21 of these pupils were awarded scholarships OT exhibitions reflecting their
prowess in either the Academic, Drama. Arl. Design Technology, Music, or Sporting disciplines.
Elsewhere in the School the overall academic achievement was similarly buoyant, with drama. music,
aTI and sport featuring most extensively in the lile of the School's pupils. Year 5 experienced a three
day combined History and Geography fieldlrip to Devon in March. Year 7 undertook the personally
challenging week's outward bDund course in September and a French educational Ifip in June. The
Year 8 leavers underlook a week of adventure and fun in Cornwall, as part of their post Common
Entrance programme, whtch enabled them lo spend some special lime together before heading off to
their various senior schools.
Faclllties
Recently completed facilities, particularly the Performing Arls Centre 120151, the Libiary 120161, the
Qube Classroom block120171, a second ICT suite (20171, the resuffacing of the aslroturf120181 and
the resloralion of the Victorian pond120191, have all continued to serve an excellent educational facility,
enhancing the children's learning experiences.
In 2020 the School began a programme of refuTbishmenl of existing classrooms with the firsl four
lassTooms completed in the 2020121 academic year an￿ two further classrooms refurbished in 2021122.

BEAUDESERT PARK SCHOOL TRUST LIMITED
ANNUAL REPORT OF THE TRUSTEES {CONTINUEDI
FOR THE YEAR ENDED 31 JULY 2023
A new canopy was also constructed lo partially cover the Reception year outdoor play area to extend
use of this facility through all seasons. In the sutnmer of 2021 fuilher improvemenls were made to the
Pre-Prep outdoor play aieas including the addition of some all-wealher aslrolurf lo the NurseTy play area
and willow fencing to enclose the Receplion year outdoor area. In addition, the boys, boarding facilities
were renovaled lo create bright, light and inspiring bedroom spaces.
In the autumn term of 2021 the School's mini-aslrolurf was resurfaced and new ielraclable cricket nels
installed enabling this area lo be used as a mulli-use sporting facility. In the summer of 2022 the
hardcou(Is were also resurfaced with a new larmac layer covered by a Ihin carpel which enables the
space lo be used for hockey and ball sports whilst still remaining suitable for tennis and netball, thus
widening use of this facility across the school year.
Publlc benellt
Beaudeserl Park School remains commilled to the aim ol providing PLJblic benefit in attcordance wilh ils
founding piinciples. Charity law has introduced 2 requirement lo demonsliale public benefit for
charitable purposes where il has hilherlo been presumed itk the absence of evidence lo the conliary.
This calls in turn for more detailed disclosures concerning our activities.
Educational
The independent sector as a whole, and Beaudeserl in particular, provides excellence in
'challenging subjects..
While nationally the number of children studying languages has declined, the School
continues lo teach all children modern foreign languages.
All children are screened for Special Educational Needs. The provision of specialist support lo
those ideiilified with needs is in itself a public good.
As parl of the School's developmenl and improvement planning the standards of the School's
education are reviewed annually against nalional benchmarks and the School's educational
provision exceeds those benchmarks.
The School UBes ils own resources lo recruil people into Ihe teaching profession. then lo
induct and train them. They are aclivety assisted in achieving Qualified Teacher Status, which
allows leacheis to move lo Ihe maintained sector should they wish.
Wider communil
and
arlnershi
The School is constantly seeking new ways in which to deliver ils charitable objects lo young
people wilhoul regard lo wealth, race. religion. social or academic slalus.
The School has developed and continued links with Qui local community including..
Access to facilities for schools in the maintained sector, for example developing
links with Avening Primary School, Brimscombe Primary School and Acorn School to
ulilise the School's pool for swimming lessons.
Access lo facilities for local childien's spoils teams, for example access lo the
School's aslrolurf for evening training for Minchinhampton Under 9's. Under 11's and
Under 13's fooiball teams, and access lo the School's playing fields lo host the
Gloucestershire Cricket Board's week long Under 10's cricket festival.
Access lo the swimming pool for the local community in the early mornings, evenings
and at weekends, includlng for children of primary School age lo use 2nd learn to
swim through the Saturday Swim School.
Access lo the School's music facilities for local children when il acts as a centre for
Associated Board for Music Exams.
Charity fundraising bolh in terms of money raised and collections, such as supporting
the Macmillan Cancer Coffee Morning, colSecling food through our Harvest Festival
service for Stroud Foodbank, collecting toys ar)d gifts for Operation Christmas Chikl,
and raising funds for Children in Need and the British Legion. Again this year. 80
children look part in the Restless Development Children's Irialhlon al Clifton College
that raised almost £9,000. The return of our annual charity shopping fair also saw
£8,OQO raised for local Nailsworlh charity Road for Good.
Howevei, our main focus for fundraislng thls year w2s for our nomlnaled charity,
OSCAR Inlefnalional, based in Mumbai, India. OSCAR supports and helps
underprivileged girls and boys from the slums in India lo become iole models within

BEAUDESERT PARK SCHOOL TRUST LIMITED
ANNUAL REPORT OF THE TRUSTEES {CONTINUEDI
FOR THE YEAR ENDED 31 JULY 2023
their communities, and supports their education through their love of football. Our
fundraising efforts throughout the year raised £24,465 for OSCAR to support children
based in India, bul also to help fund a football lour for 14 girls and boys coming lo the
UK in October 2023. We look forward to hosting them al BeaudeseTI as pail ol their
lour.
During thè year the School continued ils link with Widden School, a multicultural primary school
in Gloucester. Pupils from Year 4 in each school experienced the environment of the other lo
gain an underslanding of the live5 01 others from different backgrounds and cultures.
Environmental and suslainabilit
The School is commilled to educating ils pupils about environmental and sustainability issues.
Children from Nursery to Year 3 have Forest School lessons, while Ecology is also laughl from
Year 3 to Year 5 as a dedicated subject. Our Eco-commitlee once again achieved Green Flag
status for the School having underiaken various Eco-school projeets encompassing healthy
living, energy and marine support. Meal Free Mondays take place al lunchtimes, following Child-
led requests lo do so. More wiclely, learning about the environment and mallers of suslainabilily
are embedded within Ihe Science curriculum and our programme of assemblies. The renovation
and restoration of the Victorian pond encourages ecological inlerÈsl and ¢ommilmenl amongst
the pupils. A recently acquired field has been sel aside as a wildflower meadow and native trees
and hedge species have been planted to encourage more wildlife.
During the 2022123 academic year the School Commissioned an Estate Decarbonisalion Plan
and will use il lo help formulate a long-lerm strategy to achieve Net Zero carbon.
Financial and access
Bursaries -11 is important lo us that access lo the educalioTr we offer is not reslricled lo Ihose
who can afford our fees. The School's buisary policy has been aulhorised by the Trustees and
lorms part of the School's public benefit strategy which contributes lo a widening of access to
the education we offer and the facilities we enjoy. The aim of the bursary PDlicy is lo ensure
Ihal prospective and current parents are aware of Ihe bursary provision and the process by
which they can apply. The Trustees are committed to assisting access lo the School by
olleTing means-tesled financial support with the paymenl of school fees. Bursaries may be
awarded in the form of a discount of up to 100°/o of the day luilion fees, depending on the
rinancial circumstances of applicants.
The School supported 19 children with financial help during the year amolsnling to fee
as5islaRce of £134,397 {2022.. £177,374).
To ensuie Ihal music advancement is appropiialely encouraged lo the highest levels. pupils
who have atlained Grade 5 in any particular instrument are offered subsequent flee music
luilion for that instiument amounting lo £500 in the year for 2 pupils [2022.. £332 lor 7 pupil).
In the furlheiance of these aims Beaudeserl PaTk School Trustees have complied with the duly in s.17
ol Ihe Charities Act 201110 have due regard lo the Ch8rily Commission's published general and relevant
sub-seclor guidance Concerning the operation of the Public Benefit requirement under the Act.

BEAUDESERT PARK SCHOOL TRUST LIMITED
ANNUAL REPORT OF THE TRUSTEES ICONTINUEDI
FOR THE YEAR ENDED 31 JULY 2023
FINANCIAL REVIEW
Results for the year
The School's operaling surplus lor the year was £438,486 (2022.. £71, 60Q) which included donations of
£13,103 (2022.. £3.5001 as below. The School's total unreslri¢led surplus for the year was £448,612
(2022.. £105, 162) and is equivalent lo S.8QA of lolal income (2022.. 1. 5Yo).
Fiindraising performance
No formal fundraising for the School has been undertaker¢ in 2022-23. The majority of the donated
income in the year las in the prior year also) was from f8milies donating their deposits when Iheir child
left the School.
The School has a separale volunteer parent body. the Friends of Beaudeserl, which aims lo organise
social events for parents at5d pupi15. The Friends also undertake some general fundraising aclivilies,
mosl tkoiably the annual Aulumn Fair held on sile al the School, thè proceeds ol which afe donated lo a
charity of their choice.
Regarding 'normal' fundraising aclivilies. the School does not use professional fLtndraisèrs or have any
commercial pailicipalors. All fundraising a¢livilies are mana9ed by the School Ollice and monitored by
the Finance Director, wlh overall oversight by members of the governing body.
No complaints relating lo fundraising were received by the School during this financial period. However,
the School has in place procedures that would be followed in the event of a complaint being received
with the initial response bping the Tesponsibilily of the Finance Director. Any continuing issues would
then be passed lo the governing body lo determine what further action might be required.
The School does not subscribe to any specific fundraising standards 01 schemes for fundraising
regulation bul considers that il has sel appropriate standards for the operation and management of ils
fundraising aclivilies. In particular, the School considers that ils processes and controls should ensure
that vulnerable pèople and other members of the public are protected from any unreasonable intrusion
on a person's privacy and that no fundraising activities would be unreasonably persislenl or place undue
pressure on a person lo give money or other properly.
Investment pojlcy, objèetlves andperformance
All liquid resources are secured in fixed lerm cash deposits and current bank accounts pending the need
for the funds for working capital, future building, maintenance and development programmes. The
School currently does not have any other form ol investments.
Reserves level and pollcy
The Trustees, policy is over lime lo build up free reserves {General Funds less Tangible Fixed Assels}
out of annLJal operating SLJrpluses towards a level equivalent lo not more than a term's expenditure Icirca
£2ml. This reflects the need lo cover Ihe risks and uncerlainlies of operating as an independent
educational establishment, bul will be subject lo the prior demands of capital expenditure programmes
to equip the School with the up.lo-dale facilities needed lo maintain the standard of educational services
currently provided. Going fotward, and wlhin the objectives of the policy, the Trustees will use ils credit
facility and any like il to lund further small capilal developments as and if required.
The School's unreslricled funds stood at £10.Om {2022.' £9.5ml al the year end with free reserves of
£1.7m (2022.. £1.Om). Unresliicted funds are used lo fund the School's premises and equipment lolalling
£8.2m. nel of the School's working capital and cash ieseTves. Day lo day working capital needs were
mel by careful managetnenl ol the School's liquid resources.
The School's reslricled funds of £41,814 (2022.. £51,940) wll be used lo fund means-lesled Bursaries
going forward.
The School also has a designated fund of £70,591 (2022.. £57,800) which is designed to fund the
reslricled fund lor means-lesled Bursaries il the need arises.

BEAUDESERT PARK SCHOOL TRUST LIMITED
ANNUAL REPORT OF THE TRUSTEES (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2023
FUTURE PLANS
The School continues to plan lo provide the most stimulating and all round education lo ils pupils and i
th81 regard aims to increase, enhance and maintain its educational resources and facilities to provide
the most mDIIv21ing learning environment.
During the Course of the academic year 2019120 a new 5 Year Strategic Development Plan was agreed
in consullalion with all staff and members of the Board of Governors. This was formally launched in the
summer of 2020 to guide the School's planning through lo 2025. 11 includes the devèlopment of the
School's academic, pastoral and boarding provision, with particular f(Kus on charaGter development,
breadth of opportunity and the enhancement of communily, charity, divèrsity and environmentsl
awareness. Appropriate development of facilities to support these aspirations is also included.
RISK MANAGEMENT
The Truslees have given consideration to the major risks to which the School is exposed. The Governing
body has ultimate responsibility for m8naging any risks faced by the School. Detailed consideration of
risk is delegated lo the Governance & Compliance Committee, and from there lo the other sub-
commiltees of the Board for Ihe areas relevant to each of them, ieporling formally lo Ihe Board each
year. Routine management of risk is delegated lo the Head and Finance Director, supported by the
Senior Leadership Team. The iisk management process and the resulting risk iegisler identifies risks,
8ssesses their impacl and likelihood and, where necessary, recommends corilrols lo miligale and
monitor risks, in particular those assessed as high.
Principal risks
The Board continues to identify and review the major risks lo which the School is exposed. In paiticular.
the School recognises three principal risks, summarised below..
Loss of Financial S&cuiily
External forces, includino economic factors such as inflation, energy prices, Costs of living and potential
changes in government policy toward independeTrl schwls such as removal of charitable reliefs 2nd the
imposition of VAT on fees, may combine to undermine affordability foi parents and the financial
resources andlor operating mode1 of the School. The key controls to mitigate this risk are..
Maintaining an effective financial planning framework, including detailed scenario analysis, cost
and investment spending disciplines. financial controls and reserving policy.
Spending on resources required lo maintain high educational standards while raising lee levels
by the minimum amount lo do so.
Providing bursary support in certain cases where families require il to benefit from the School.
Ulilising external advice from relevant associations (including ISC, AGBIS, ISBAI and
profess¢onal providers, as necessary.
Loss of Repulalion due to Falling Educational Standards
High educational standards are a pre-requisite lo ensure the excellent reputation of the School is
preserved. The key controls lo miligale this risk are..
Efleclive structures for school manaoemenl, communication and reporting.
Employing, retaining and training excellent leaching staff.
Disciplined programme for staff appraisal and monitoring.
Resources. lime and PTiorily given lo staff wellbeing.
Maintaining the quality of conlingenl remote learning provision.
Failur8 to Comply with Slatulory Regulalions
In order lo provide a safe environment for pupils, staff and other vi511ors as well as appropriate levels of
education, the S¢hool is required lo comply with a vaTiely of slalutory regulations. The key controls lo
miligalè this risk are..
Comprehensive policies and procedures. reviewed by Governors. the Head and the Finance
Director al least annually and familiar lo slafl as necessary for their roles.
io

BEAUDESERT PARK SCHOOL TRUST LIMITED
ANNUAL REPORT OF THE TRUSTEES (CONTINUED}
FOR THE YEAR ENDED 31 JULY 2023
Internal and exleinal reviews and checks, with the necessary resources provided, lo confirm
compliance with laws, guidelines and good praclise.
Relevant and adequate insurances in place, reviewed annually by the Governance &
Compliance Committee.
Ongoing Iraining, including as diclaled by changing regulal¢on.
Clear and established safeguarding protocols. procedures. controls and roles.
The Trustees believe that the School's financial resources, contingency planning and management of
risks are sufficient lo ensure the ability of the School lo continue as a going concern for the foreseeable
lulure.
AUDrroR
In a¢¢ordance with Section 485 of the Coinpanies Act 2006, a iesolulion proposing Crowe U. K. LLP'S
reappoinlmenl as auditor will be pul lo the Annual Gene¥al Meeting.
This Annual Report, prepaTed under the Charities Act 2011 and the Companie5 Act 2006, was approved
by the Governing Bady of Beaudeserl Park Sch(x)l on 11 March 2024, including in their capacily as
company directors approving the Strategic Reporl contained therein, and is aulhorised on its behalf by-.
Mr S Jones
Chair of Trustees
li

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BEAUDESERT PARK SCHOOL
TRUST LIMITED
Opinion
We have audited Ihe financial slalemenls of Beaudesert Park School Trust Limited ft)r the yeaf ended
31 July 2023 which comprise the Statement of Financial Aclivilies, Balance Sheet, Statement of Cash
Flows and notes lo the financial slalemenls. including a summary of significant accounting policies. The
financial ieporling framework that has been applied in their preparation is applicable law and United
Kingdom Accounting Standards. including Financial Reporting Standard 102 the Financial Repoiling
Standard applicable in the UK and Republic ol Ireland (United Kingdom Generally Accepted Accounting
Practice}.
In our opinion the financial stalemenls",
give a true ar¢d lair view ol Ihe stale of the charitable company's affairs as al 31 July 2023 and
of the incoming resources and application of re50urGes, including ils income and expenditure
for the year then ended..
have been properfy prepared in accordance with United Kingdom Generally Accepted
Accounting Practice.. and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted OUT audit in accordance with International Standards on Auditing IUKI IISAS {UKII and
applicable law. Our responsibililies under those standards are furlher described in the Auditor's
responsibilities for the audit of the financial slalemenls section of our report. We are independent of the
¢harilable company in accordance with the ethical requirements that are relevant to our audit of the
financial statements In the UK, including the FRC'S Ethical St2ndard, and we have fulfilled our other
elhical responsibilities in accordance with these requiremenl8. We believe that the audit evidence we
have obtained is sufficient and appropriate lo provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial slalemenls. we have concluded that the Trustee's use of Ihe going concern basis
of accounting in the prepaialion ol the financial statements is appropriate.
Based on the work we have perlormed, we have not identified any material unceitsinlies relating to
events or conditions that, individually or colleclive5y, may cast signilicant doubl on the charitable
compat)y's ability to continue as a going concern for a period of at least twelve months from when the
financial slalemenls are aulhorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect lo going concern are described
in the ielevanl seclions of this report.
other information
The Trustees are responsible for the other information contained within the annual report. The other
information comprises Ihe information included in the annual report, other than the financial statements
and our auditor's report thereon. Our opinion on the financial staleinenls does not cover the other
information and, except lo the exlenl olhefwise explicitly slated in our report, we do not express any
form of assurance conclusion Ihereon.
Our responsibility is to read the olheT information and, in doing so, considèi whether the olhei information
is materially inconslstent with the financial statements or our knowledge obtained in tlie audit or
otherwise appears lo be materially mlsstaled. 11 we idenlily such material inconsistencies 01 apparent
material misslalèmen18, we are required lo determine whether this gives rise to a material misstatement
in the lin2ncial slalemenls Ihomselves. If, based on the work we have perlormed, we conclude that there
is a material misstalemenl of this other information, we are required to report that fact.
We have nothing lo reporl in Ihis regard.
12

Opinions on other matters prescribed by the Companies Act 2006
Ill our opinion based on the work undertaken in the course of our audit
(he information given in the Trustees. report, which includes the diieclors, report and the
strategic report prepared for the purposes of company law. for the financial yeai for which the
financial slalemenls are prepared is consislenl with Ihe financial slatemenls., and
the strategic report and the diiectOTS' reporl included within the Trustees. report have been
prepared in accordance with applicable legal requireTnerkl5.
Matters on which we are Yequired to report by exception
In light of the knowledge and understanding the charilable company and their environment obtained in
the course of the audit. we have nol identified material misslalements in the slralegic reporl or the
directors, report included within the Trustees, report.
In light of the knowledge and understanding of thè charitable company and Iheii enviionmenl obtained
in the course of the audil. we have not identified material misslalemenls in the strategic repoil or the
directors, repoil included within the Trustees, report.
We have nothing lo report irb respect of the following mallers in relation lo which the Companies Act
2006 requires to report lo you if, in our opinion..
adequate accounting records have not been kept., or
the financial slalemenls are not in agreement with the accounting records and returns., 01
certain disclosures of Trustees. remuneralion specified by law are not made., or
we have not received all the information and explanations we require for our audit.
Responsibilities of Trustees
As explained more fully in Ihe Trustees, resFX)nsibililies slalemenl on page 5 the Trustees (who are also
the direclo¥s of the charitable company for the purposes of company lawl are responsible lor the
prepaiation ol the financial slalemenls and loi being galisfied that they give a true and fair view, and for
such inleinal conlrol a5 the Trustees determine is necessary lo enable the preparation of financial
slalemeals that are free Irom material misslalemenl, whether due to fraud or error.
In preparing the financial stalemenls, the Tiuslees are Fe5ponsib1e for assessing the charitable
company's ability to continue as a going concern, disclosing, as applicable, mallers related lo going
concern and using the going concern basis of accounting unless the Truslees either intend lo liquid21e
the chafilable company or to cease operations, or have no iealislic allernalive bul lo do so.
Auditor's responsibllltSe8 for the audit of thè financlal statemènts
Our objectives are lo obtain reasonable assurance about whether the f1nancial slalemenls as a whole
are free from malerial misstaleillent, wlielher due lo fraud or error, and lo issue an auditor's reporl that
includes our opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee that an
audit conducted in accordance with ISAS IUKI will always detecl a material misslalemenl when il exisls.
Misstalemenls ¢an aTise from fraud or error and are considered material if, individually or in the
aggregate, they could reasonably be expected lo influence the economic decisions ol users taken on
the basis of these financial slalemenls.
Extent to which the audit was consldered capable of detecting Irregularities, includlng fraud
Irregularities, including fraud, are instances of non-compliance with laws and regulations, We design
procedures in line with our responsibilities, outlined above, to detect material misslalemenls in respect
of irregularities, including fraud. The exlenl lo which our procedures are capable of detecting
irregularities, including fraud is detailed below..
We obtained an understanding of tho legal and regulaloiy frameworks within which the Charitable
13

Company operates, focusing on those laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements. The laws and regulations we considered in this context were the Charities Act 2011, together with the Charities SORP (FRS 102). We assessed the required compliance with these laws and regulations as part of our audit procedures on the related financial statement items. 

In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which might be fundamental to the charity's ability to operate or to avoid a material penalty. We also considered the opportunities and incentives that may exist within the charitable company for fraud. The laws and regulations we considered in this context were The Education (Independent School Standards) Regulations 201[4] . 

Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of Trustees and other management and inspection of regulatory and legal correspondence, if any. 

We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be with the completeness and accuracy of bursaries, remissions and other fee concessions, and the override of controls by management. Our audit procedures to respond to these risks included enquiries of management, The Finance Director and the Finance Sub-Committee about their own identification and assessment of the risks of irregularities, sample testing on bursaries, remissions and other fee concessions, sample testing on the posting of journals, reviewing accounting estimates for biases, reviewing regulatory correspondence with the Charity Commission, Independent Schools Inspectorate, Ofsted and reading minutes of meetings of those charged with governance. 

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non­ compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. In addition, as with any audit, there remained a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations. 

A further description of our responsibilities for the audit of the financial statements is available on the Financial Reporting Council's website at: www.frc.orq.uk/auditorsresponsibilities. This description forms part of our auditor's report. 

## **Use of our report** 

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed. 


Tara Westcott Senior Statutory Auditor For and on behalf of **Crowe U.K. LLP** Statutory Auditor 4[th ] Floor St James House St James Square Cheltenham GL50 3PR 

**Date:** 21 March 2024 

14 



BEAUDESERT PARK SCHOOL TRUST LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
Ilncorporating a Summary Income and Expenditure Account)
FOR THE YEAR ENDED 31 JULY 2023
Unrestricted
Funds
Restricted
Funds
2023
Total
2022
Tolal
Notes
INCOME FROM:
Charitable actlviti6s
School lees receivable
Ancillary Iiading income
Other income
Donations & Grants Receivable
Other tradlng actlvlties
Hire of School facilities
Investment income
Other Sncome
6,954,763
575.978
34.939
6,954,763
575,978
34,939
8,358
6,420,761
456,094
12,551
3,500
8,358
87.986
37,720
17.804
87,986
39,561
17,804
77,582
1,841
7,805
6,978,299
Total incomè
7,709 190
10,199
7 719,389
EXPENDITURE ON:
Charitable actlvlties..
Education
7,276 678
20,325
7,297,003
6,906,699
Total expendlture
5alb
7,276,678
20.325
7,297,003
6,906.699
Net income I lexpondlturel and
net movement in funds
432,512
110,1261
422,386
71,600
Funds brought forward
12113
9,536,065
51,940
9.588,005
9,516,405
Funds carrled forward
12113
9 988,577
41,814
10 010,391
9,588, 005
The notes on pages 18 10 28 form pafl of Ihese financial statements.
15

BEAUDESERT PARK SCHOOL TRUST LIMITED
COMPANY NUMBER: 00937554
BALANCE SHEET
AS AT 31 JULY 2023
Note
2023
2022
FIXED ASSETS
Tangible fixed assets
8,188,082
8,462.120
CURRENT ASSETS
Stocks
Deblors
cash and deposi15
18,891
495,091
2,490.881
3,004,863
35,618
486,510
1,922, 671
2,444, 799
CREDITORS lamounls falling due within
one year}
857,909
805.713
NET CURRENT ASSETS
2,146,954
1.639, 086
TOTAL ASSETS LESS CURRENT LIABILITIES
10,335,036
10. 101,206
CREDITORS lamounts falling due after
more than one yearl
10
324,645
f513.201
NET ASSETS
10.010,391
9,588, 005
FUNDS:
Reslricled
Unreslricled..
Designated
General
13
41,814
51,940
12
12
70,591
9 897 986
57,800
9,418,265
TOTAL FUNDS
10,010,391
9,588,005
The financial slalemenls were approved and aulhorised for issue by the Board of Trustees on 11th March 2024.
and were signed on ils behalf by:
Mr S Jones
Chair of Trustees
The notes on pages 18 10 28 form parl of these linancial slalemenls.
16

BEAUDESERT PARK SCHOOL TRUST LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 JULY 2023
2023
2022
Cash flows from operating activltles..
Nel income for the year
422,386
71.600
Adjustment5 for:
Interest received
Finance costs
Profil on Sale of fixed assets
Depreciation charge5
Decrease in stock
Ilncreasel in debtors
(Decreasel in creditors
(OecFeaselllncrease in fees in advance
{39,5611
3,012
1.3501
502,871
16,727
{8,SB11
125,7131
110647
(6J
2.950
475.823
1.830
(30.994)
(65, 134)
74. 783
Nel cash provlded by operating activities
759,144
530.852
Cash flows from Investing activities..
Purchase of tangible fixed assets
Proceeds Ironi sale ol tangible fixed assets
Interest received
1228,8331
1,350
(440, 180)
Net cash used in invasting aetlvlties
1187,922)
(440, 174)
Cash flows from financlng actlvities:
Finan￿ costs paid
3.012
Net cash used in financlng activities
3,012
2.950
Change In cash and cash equ5valents in the year
568,210
87,728
Cash and cash equivalents at th8 bÈglnnlng of the year
1,922,671
1,834,943
Cash and cash equivalants at Ihe end of the
year
2 490,881
1,922,671
Notes to the Statement of Cash Flows
ANALYSIS OF CASH AND CASH EQUIVALENTS
At l August
2022
Cash Flow
At 31 July
2023
Cash in hand 2nd al bank
Short term deposits
Total
1,432,671
490,000
(836,599)
1,404.809
596,072
1894,809
2,490,881
t,922,671
568,210
The notes on pages 18 to 28 form parl of these financial slalemenls.
17

BEAUDESERT PARK SCHOOL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
ACCOUNTING POLICIES
CHARITY INFORMATION
Beaudeseil Park School Trusl Limited is a registered charity with the Charities Commission England
and Wales Icharily number.. 3117111 and was incorporated as a private company limited by
guarantee (company number.. 009375541. The address ol ils registered ollice is Beaudeseil Park
School, Minchinhamplon, Gloucestershire, GL6 9AF.
BASIS OF ACCOUNTING
The financial slalements have been prepared under the historical cost convention.
The financial slalements have been prepared in accordance with the Charities Act 2011, the
Companies Act 2006, the Slalemenl of Recommended Practice applicable ID charities preparing
their accounts in accoidance with the Financial Reporting Standard applicable in the UK and
Republic Df Ireland (FRS 1021- and the Financial Reporting Standard applicable in the UK and
Repiiblic of Irelarid (FRS 1021.
8eaude5erl Park School Trust Limited meets tho definition of a public benefit enlily under FRS 102.
GOING CONCERN
The Goveinors have undertaken planning and forecasting for al the least the next 18 months and
continue lo closely monitor the economic and polilieal situation. Despite the current circumstances
the Governors believe that the School's financial resources and contingency planning is sufficient lo
ensure the ability of the School lo continue as a going concern for the foreseeable future. being al
least twelve months from the date of approval of these linancial statements and therefore have
prepared the financial statements on a going concern basis,
dl
INCOME
All income is recognised in the Slalemenl of Financial Activities when the conditions for receipl have
been mel and there is a probability ol receipt. The following accounting policies are applied lo
income..
School Fees and Simllar Income
School fees represent gross fees receivable. including fees for extracurricular activities less
allowances, bursaries and other remissions granted by the School.
Investment Income
Inveslinenl income is taken into account in the financial period in which il is due lo be received.
Donations & Grants Receivable
Donations are recordèd in the Slalemenl of Financial Aelivities when the School has entillemenl lo
the funds, any performance conditions allached lo the items have been mel, il is probable that the
income will be received and the amount Can be measured reliably. Where donations are re￿iVed
only lo be used for a specific PLJrpose they are allo¢aled to the appropriate reslricled fund.
Grants from government bodies and other sources are received for specific projeclslcosls and are
recognised in accordance with their individual terms and conditions. Income is recognised when the
School has entillemenl lo the funds which is when any perforinance conditions allached are mel, il
is probable that the income will be received and the amount can be reliably measured. Grant income
will be deferred if received in advance of meeting performance conditions or if the fLJnder speeilically
slates that the income musl be spent in a future accounting period.
EXPENDITURE
Expenditure is acorued as soon as a liability is considered probable. Expenditure is allocated lo
expense headings on a direct cost basis, with staff costs being allocated ac¢ording lo the estimated
lime spent by staff working in relevant deparlmenls. The irrecoverable element of VAT is included
with the item of expense lo which il relates.
Governance cosls include costs involving the trustees and the direction of the School and are
included within support Costs.
18

BEAUDESERT PARK SCHOOL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
ACCOUNTING POLICIES Icontlnuedl
FUND AccouNTING
The SchDoI maintains various types of funds as follows-
Restricted Funds
Restricted funds represent grants, donations and legacies received which are allocated by the donoT
lor specific purposeg.
General Funds
General funds are uRresliicled fu￿d5 iepresenlir¢g funds which are expendable al the discreliol) of
the Trustees in the furtherance of the objects of the School. Such funds may be held in order lo
finance both working capital and capital investment.
Deslgnat8d Fund5
Designated funds comprise unreslricled funds that have been sel aside by the Governing body for
pailicular purposes. The aim and use of each designated fLJnd is sel out in the notes lo the f1ngn¢ial
slalemenls.
gl
TANGIBLE FIXED ASSETS AND DEPRECIATION
Tangible fixed assets are slated al cost less depreciation. Depreciation is nol provided on freehold
land. On other assets depreciation is provided on cost IN equal annual inslalmer)Is ovei the
eslimaled economic lives of the asse15. The rates ol depreciation are as follows..
Freehold Buildings
Plant and Machinery
Computers
Fixtures, fillings and equipment
2.fjOOk straight line
20-50Vo straight line
10.33.3010 sliaighl line
15Vo slraighl line
Expenditure on fixed assets is capilalised except foi expenditure incurred on the replaeemenl of
assets of low value with a short life. Repair, renovation and replacement expenditure is wrillen off
as expenditure in the Slalemenl of Financial Aclivilie5. Items costing less than £500 are writlen ott
as an expense as acquired.
Assets in the couise of constitjction are included al cost. Depreciation on these assets is not charged
until they are brought into use.
h)
STOCKS
Stocks are slated in the Balance Sheet al the lower of Cost and net realisable value.
DEBTORS
Short term debtors ale recognised al the selllement amount after any impairment.
CREDITORS
Shoil term creditors are normally recognised al their selllemenl amoEJnt after allowing for any trade
discounls,
kl
ADVANCE FEE SCHEME CREDITORS
Amounts received under the School's Advance Fee Scheme corklracls lor education not yel ulilised
lo sellle school fees are recorded as deferred income and a51ocaled as liabilities where the education
will be provided in subsequent years.
CASH AT BANK
Cash is represented by cash in hand and deposits with financial inslilutions.
m) TAXATION
The School is a registered charity and, as such, is enlilled lo laxalion exemptions or) all ils income
and gains properly applied for ils charitable purposes.
19

BEAUDESERT PARK SCHOOL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
ACCOUNTING POLICIES Icontinuedl
VALUE ADDED TAX
Under current legislation the School remains unable lo recover any value added tax Charged by
suppliers. All such lax has been included in the financial slalemenls with the expenditure to which il
relales.
OPERATING LEASES
Rental costs under operating leases are chargèd to the Slalemenl of Financial Activities in equal
annual amounts over the periods of the le2ses.
pl
PENSION COSTS
On 31 Decetnbei 2019 Ihe School withdrew from the Teachers, Pension Scheme and now operates
a defined contribution scheme for all ils staff, the assets of which are held separately from those of
the School. The pension cost charge represents contributions payable by the School lo the scheme.
ql
LIABILITIES
Liabilities are Tecognised once Ihgre is a legal or conslruclive obligation that commits the School lo
the obligation.
FINANCIAL INSTRUMENTS
The School only has financial assels and financial liabili11ès of 8 kind Ih?I qualify as basic financial
inslrumenls. 8asic financial instruments are initially recognised al transaction value and
subsequently measured at their setllemenl value.
JUDGEMENTS IN APPLYING AccouNTING POLICIES AND KEY SOURCES OF ESTIMATION UNCERTAINTY
Estimates and judgements are ¢onlinua15y evaluated and are based on historical experience and
other factors, including Èxpeclalions ol future events that are believed to be reasonable under the
circumstances.
The items in the finan¢ial slalemenls where these eslimales and judgements have been made
include the following..
Useful èconomic Ilves of tangible fixed assets
The annual depreciation charges for the tangible fixed assets are sensitive to changes in the
eslimaled useful economic lives and residual values of the assets. The usèful economic lives and
residual values are re-assessed annually. They are amended when necessary lo rellecl current
eslimales, based on economic ulilisalion and the physical condition of the assets. See note 7 for the
carrying amount of the tangible lixed assets and note 1 g for the useful lives for each class of asset.
Impairment of debtors
The School makes an estimate of the recoverable value of Irade and olhei debtQfS. When assessing
impairment of trade and other debtors, management considers factors including the current credit
rating of the debtor, the ageing profile of debtors and historical experience. See note 8 fof the nel
carrying amount of the debtors and associated impairmenl provision.
20

BEAUDESERT PARK SCHOOL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
CHARITABLE ACTIVITIES- FEES RECEIVABLE
Fees receivable represent gross school fees invoiced less discounts and allowances.
2023
2022
School fees
Discounts and allowances..
Fee support
Fees less discounts
7,068,835
6,561,073
134,397
6.934.438
177,374
6,383,699
Add Back.. Buisaries and other awards paid for by
reslricled funds
20,32S
6 954 763
37,062
6,420. 761
CHARITABLE ACTIVITIES- ANCILLIARY TRADING INCOME
2023
2022
Trip in¢otne
Music inoome
Tuition fees
Other fee extras
97.874
215.158
164.678
98.268
575,978
47,710
175, 104
151,498
81, 782
456, 094
DONATIONS & GRANTS RECEIVABLE
2023
2022
Donallons
8,358
3,5QO
21

BEAUDESERT PARK SCHOOL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
51al. EXPENDITURE - Analysis of total expenditure
staff
Costs
other
Depreciatlon
2023
2022
Charitable activities
Education
Housekeeping costs
Premisès costs
Maikeling and
publicity
Scholarship5 and
discounts from
reslricled funds
Support costs and
governance
Total expenditure
4,370,089
34,281
458,965
316,235
529,175
42.834
4,829,054
350.516
1,032.046
42,834
4,561.335
329. 936
1,02Q.496
26,522
502,871
20,325
20,325
37,062
742,785
5,147,155
279,443
1.646,977
1,022,228
7,297,003
931,348
6,906,699
502,871
5{bl. EXPENDITURE- Other disclosures
2023
2022
Governance included In support costs..
Audilor's remuneration for audit
Reimbursement of personal expenses lo Governors- travel costs
Other governance costs
13.547
1.939
10.313
25,799
fO,764
1,834
12,734
25,332
Travel expenses of £1.939 12022.. £1,834) were reimbursed lor accrued) in relation to three
Tiustees (2022. three Trusleesl.
2023
2022
Charitable actlvities gxpenditurg includes:
Depreciation of owned assets
Lease payment on School playing field
Bank Charges
Pansion costs
502,871
3,857
3,012
508,978
475, 821
3,546
2,950
478, 086
INFORMATION REGARDING TRUSTEES AND EMPLOYEES
Trustees, emoluments and expenses..
No Trustee, or person related as close family or connected by business lo them, h29 iecelved any
remuneration or other benefits from Ihe School during the year.
2023
2022
Employee costs durlng the perlod:
Wages and salaries
Social secuiily costs
Pension costs
4,249.110
389.067
508 978
5,147,155
4, 025.435
367.255
478.086
4,870.776
Included within wages and salaries above is £342.699 (2022.. £312,926) relaling lo catering and
cleaning wages for staff that are not directly employed by the School, bul by the catering and cleaning
suppliers.
22

BEAUDESERT PARK SCHOOL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
INFORMATION REGARDING TRUSTEES AND EMPLOYEES leontinuedl
2023
No.
84
23
38
16
161
2022
No.
83
23
36
15
157
Average number of persons employed..
Teaching slafl
Peripalelic music and activities
Support slalf
Catering
The number of employees whose emoluments exceeded £60,000 were=
2023
2022
No.
£60,000- £70,000
£80,000- £90,000
£90,000- £10a,000
£100,000- £110,000
The highesl paid employee was a member of the Schools GTOUP Personal Pension Defined
Contributions Scheme. Conliibulions du¥ing the year were £15,811 (2022.. £15,185)-
During the year Iheie were no redur¢dancy or lefminalion payments (2022.. £nil).
2023
2022
Aggregate employee benefits of key management personnel
402,753
393.832
This includes gross salary, employers, pension and employers. National Insurance costs.
TANGIBLE FIXED ASSETS
Freehold
Land and
BulldSngs
Plant and
Machlnery
Computer
Fixture8,
Fillings and
Equipment
Asset5 Under
Construction
Total
Cost
Al l Augusl
2022
Additions
DS$posals
At31 July2023
11,907,882
100,597
289,9Q6
909
468,557
97,859
124,060
442,356
7,038,947
18,399
42.7131
1,014,633
13. 705,292
228,833
166,773
11,069
12,OOB.479
290,815
13 767,352
Depreciation
Al l Augiisl
2022
Charge for the
year
Disposals
4,018.949
220,676
286,432
717.113
5,243, 172
307,433
28.055
76.580
1124,0601
90,803
142,7131
502,871
1166,7731
At 31 July 2023
4.326.382
248,733
238.952
765,203
5.579,270
Net Book Value
At 31 July 2023
7.682,097
42,082
203,404
249,430
11.069
8,188,082
Al 3f July 2022
7.888,933
69,228
182,125
321,834
8,462, 120
23

BEAUOESERT PARK SCHOOL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
DEBTORS
2023
2022
Fee and extras debtors
Prepayments and accrued income
324,438
170,653
495,091
316,693
169, 817
486,510
Fee debtors are staled afler impairment provisions lotalling £79,008 (2022.. £51,066).
CREDITORS (AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Trade credilofs
Other ciedilors
Taxation and social security
Pension
Deposits (note 101
AccrLJals and deferred income
Fees paid in advance
Fees in advance scheme Inole 111
Other loan
69,523
7,117
103,338
60,644
41,748
160,810
45,192
358.892
10.645
857,909
102,382
5,969
f 01,215
60,213
46, 750
115,183
76, 730
286,626
10,645
805,713
10. CREDITORS IAP410UNTS FALLING DUE AFTER MORE THAN ONE YEAR}
2023
2022
Fees in advance scheme {nole 111
Deposits
OlheT loan
182.913
308.998
21,290
513.201
314,000
10,645
324,645
Deposits
Deposits are held lor all pupils 8nd are repayable when they leave the School.
2023
2022
Within one year {nole 9)
Within one lo two years
Within two lo five years
Over 5 years
41,748
37,000
137,000
140 000
355 748
46. 750
43,748
133,500
131, 150
355. 748
24

BEAUDESERT PARK SCHOOL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
11. FEES IN ADVANCE SCHEME
Parents are able to enter into a contract lo pay the School luilion lees in advance. The money may be
returned subject lo specific conditions on the receipt of OE)e term's notice. Assuming pupils will remain
in the School, advance fees will be applied as follows=
2023
2022
Within 2 5 years
Within 1 2 years
Inote 10)
Within 1 year Inole 91
182,913
182,913
358.892
286.626
358,892
469,539
The balance of £358,892 12022.. £469,539) represents the accrued liability under the conlr2cls. The
movemenls during the year were..
2023
2022
Balance al the start of the year
New eonlracls
469,539
291,430
760.969
1402,0771
394, 756
420,028
814,784
(345.245)
Amounts ulilised in payment ol fees
Balance al the end of the year
358,892
469.539
12. MOVEMENT IN UNRESTRICTED FUNDS
Unrestricted funds comprise the following:
Year ended 31
July 2023
8alance
1 August
2022
Balance
31 July
2023
Income
Expenditure
Transfer
General fund
De5ignaled fund
Total
unrestricted
funds
9,478.265
5T,800
7,709,190
17,276,678}
(12,7911
12.791
9,897,986
9,536,065
7,709,190
7.276,678
9,968,577
Year ended 31
July 2022
Balance
l August
2021
Balancg
3t July
2022
Income
Expenditure
Transfer
Generel fund
Designated fund
Tot?1
unrestricted
lunds
9.389,903
50.000
6,914,799
(6,869, 637)
(7.800)
7,800
g,478,265
57,800
9.430, 903
6,974, 799
6,869, 637
9.536.065
The Designated Fund represents nel income to provide funds lo help fund bursaries until the next specific
fundraising appeal. The School considers these funds in combination with the Bursary Fund below lo
represent lolal funds available for bursaries.
2S

BEAUDESERT PARK SCHOOL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
13. MOVEMENT IN RESTRICTED FUNDS
Year ended 31 July 2023
Balance
1 August
2022
Balance
31 July
2023
Income
Expenditure
Restricted funds
Bursary Fund
51,940
10,199
41,814
Total
10,199
20,325
41,814
Year ended 31 July 2022
BalanGe
l Augiist
2027
Balance
31 July
2022
Income
Exp8nditure
Restricted funds
Bursary Fund
85,502
3.500
37,062
51,940
Total
85,502
3,500
37,062
51,940
Bursary Fund income Is generated as a result of fundraising. The use of the funds so generated is
intended lo be to provide Iranslormatior¢al bursaries, or else support a family who's circumslances
have changed so drastically they lind il impossible to continue lo afford the lees, lo help ensure
that a 8eaudeseTI education is accessible to all children who have the aplilude to contribute to the
life of the School and lo benefit from the experience.
14. ANALYSIS OF ASSETS & LIABILITIES BETWEEN FUNDS
For the year ended 31 July 2023
Unrestrlcted
Funds
Designated
Funds
Restrlcted
Funds
Total
2023
Fixed assets
Cuirenl assets
Current and long term liabilities
8,188,082
2,892,458
1,182,554
9.897,986
8,188,082
3,004,863
1.182.554L
10,010,391
70.591
41,814
70,591
41,814
For the y¢ar ended 31 July 2022
Unrestricted
Funds
Designated
Funds
Resfrlcted
Funds
Total
2022
Fftxed assets
Currei?t 8ssels
Current and long lerm liabilities
8,462, 120
2,335,059
1,318,914
9,478,265
8,462, 12Q
2,444,799
1,318,914
9.588.005
57,800
51,940
57,800
51,940
26

BEAUDESERT PARK SCHOOL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
15. PENSION COSTS
All staff lif eligible) are enrolled into the School's defined contribution scheme, the assets of which
are held separately from those of the School. The pension cosl charged represents conliibulions
payable by the School lo the scheme and amounted lo £508,978 lor the year ended 31 July 2023
(2022.. £478,086J. At 31 July 2023 contributions of £60.644 were due lo be paid (2022.. £60,213).
All penslon charges are charged lo unreslricled funds, in line with the fund out of which wages and
salaries are paid.
16. CAPITAL COMMITMENTS
£23,536 unaccrued capital expendilure was contracted for as al 31 July 2023 (2022.. £97.476).
17. FINANCIAL COMMITMENTS
At 31 July 2023 the School had lulure minimum lease payments L¢nder non-cancellable operating
leases as follows..
Plant and equipment
2023
2022
Land and Bulldings
2023
2022
Expiring within 1 year
Expiring between 1 and 5 years
Expiring aftei 5 years
61,607
87,977
73,944
148,374
1,210
3,488
13,952
3,B51
3,488
13,952
7,339
18. MEMBERS
The Charity is incorporated as a Company limited by guarantee having [70 share capital and in
accordance with the Memorandum of Association every member of the Company undertakes lo
contribute lo ils assets In the evenl of a winding up while slhe is a member, or within one year after
slhe ceases lo be a member, up to all amount nol exceeding £1. Al 31 July 2023 there were 17
members (2022.. 14 Ingn7bers).
19. RELATED PARTY TRANSACTIONS
One12022.' one) School Trustee, JB Nelllelon, has paid Advance Fees in respect ol luilion costs
for his child. Al the year end Ihe balance ol unulilised Advance Fees was £20.325 (2022.. £18.483).
The Advanced Fee scheme is available lo all parents of the School. The above transactions have
been conducted on terms consislenl with those offered lo other parents,
During Ihg year. olher Trustees and Senior Leadership Team members were also parents of pupils
al the School. All transactions with these parents were conducted under normal commeicial leims
and al arms-lenglh.
One School Trustee, JB NeltSelon. is a director of Blake Architects who were awarded the work lo
rebuild the swimming pool roof aller winning a competitive, arms-lenglh lender process.
27

BEAUDESERT PARK SCHOOL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
20. STATEMENT OF FINANCIAL ACTIVITIES- COMPARATIVE FIGURES BY FUND TYPE
Unrestricted
Funds
Restricted
Funds
2022
Total
Year ended 31 July 2022
Notgs
INCOME FROM..
Charitable aclivities
School lee5 receivable
Ancillary trading income
Other income
Donations & Grants Receivable
Other tradlng activities
Hire of school la¢ililies
Investment income
other income
6,420,761
456,094
12,551
6,420,761
456,094
12,5S1
3.500
3.500
77,582
77.582
7,805
6,978,299
Total income
6 974,799
3,500
EXPENDITURE ON..
Charitable actlvilies..
Education
6,869,637
37,062
6,906,699
Total expenditure
5alb
6,869,637
37,062
6,906,699
Net income I lexpendlturel and net
rnovemgnt in funds
105,162
{33,562}
71.600
Funds brought forward
12113
9,430,903
85,502
9 516 405
Funds carrled forward
12113
9.536,065
9,588.OOS
28