THE GODOLPHIN AND LATYMER SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2•20 R¢%istered Charity No: 312699 Haysrnacintyre LLP Chartered Accountants Re8iStered Auditors THE GODOLPHIN AND LATYMER SCHOOL FINANCIAL STATEME￿$ FOR THE YEAR ENDED31 AUGUST 2020 CONTENTS P*ge Chair of Governor'5 Statement 3-21 Report of the Sole Trustee Report of the independeni awiitors 22-23 Siaiemenl of financial activities 24 Balance sheet 25 Statemeni of ￿$b flows and notes 26 Notes to the financial stalements 27-40 STATEMENT FROM THE CHAIR OF GOVERNORS GODOLPHIN AND LATYMER SCHOOL The Godolphin and Latymer community is a strong one, and dwin8 th¢ latter part of 201￿2020 we have seen this very much an evidenee in the of the ihreat from the Covid-19 pathmi¢. The School has a w¢ll-deserved rcputation forexcellertt in IK>th ieaehing and pastoral care which ensures that every pupil is able to develop their academic and personal lives in to the fi]11. The commiunenr of all staff io these goals was ndiminished as we moved io T¢mote teaching from Thursday IS March 2020. The remote programme wa5 delivered via Ihe Google sulte of applications with which teaching stsff and pupils were alrvddy familiar. A thll xhedul¢ of le$50n5 were provided. with the ￿Ual daily umetsble followed as Closely as possible. Remote learning contirtued with minimal disruption throughout th¢ Summer Terni 2020. Throughout this period. Individual Learnin8 Needs suppon continued remotely and the Library staff provid¢d enhanced online re50urees. With public examinations cancelled. The Sch￿1 put in place aL¥lemic extension ￿tIVitIeS for Y¢ar I I and the Upper Sixth for the period which would previously have bttn o¢cupi¢d by study leave and examinations. School exams for Year5 7-10 and ihe Lower Sixih w¢r¢ replaced by a￿ssMentS which Could be eompleled remotely. Pasioral sthff engaged with their lutees in the nornMI fomi-iim¢ slots and assemblies for the whole school aThd for different section$ and year"groups Continued. The medical team and Counsellor teams remained available remoiely. Extracu￿1£u1ar activities including individual musi¢ and drnma lessons were offered. The School was quickly able tts utilise and exiend its digital and online provision to deliver a robust programme of Synchronous and asynchronous IvdrninB. ln some areas ihis way of workin8 delivered many benefits.. for instanc some teachers reponed thar ihey were further ahead with their syllabu5 than nonnal. some lessons and task5 were particularly suitable to being tackled by the pupils remtely and ai their own pace. The positive messages from this extraordinary experience were captured so thai ihey ¢an infonn future work. Feedb&k on our renwte learning provision from both parents a[￿ St￿Jents was ovenvhelmingly p051tiv¢ and uplifting. There was wide re¢ogni¢ior¢ ihat the SclK)ol responded swiftly and appropriately to a rapidly changing siiuation. Godolphin #nd Latymer is a %hool thai has alway5 adopted an innovaiive and rtsearch-based gpproach toteaching at)d learning whi¢h has meant that the School was well positioned to meet these ch*llptt--. The teachers. ¢ommiiment to providing excellent teaching and p&storal care has been unwavering and th¢ir dedication, energy and flexibiliiy in adopting new teaching and working pitt¢rns have been inspiring. Our support staff habe Dfjid crucial role in ensuring seamless operations (with an ey¢ial triJute due to the IT tearn. without whom n￿hIng would iiave been pos5ible}. Despite the government's efforts to sustain thee¢onomy and to assisi individ1￿lS and bu5ine5S¢5. many families have faced significani financia] uncertainty. The impact of the Covid-19 pandemic on some Godolphin families has been very hard. We have been committed w doing our best to support any Godolphin and LAiym¢r parents who have found themselves in rjnancial difficulty and have been d¢termiThed that no student should have to leave the School as a result. Providing this support was a challenge for the Schty)l. As a charitsble foundation with no endowment which is reliant solely on fee in¢om¢ to manage its expeT￿ltUre and meei its liabilities. w¢ turned to the Godolphin communiiy to help u5 &S5LSt pupils and families at ihis extraordinary time. The School is extyemely grateful to the parents WI￿ responded so generously, enablirtg hardship bursaries to be given lo those hardest hit. For thos¢ parents experiencing problems with cash flow, introduced the paymeni of schfy)I fees by monrhly instalments spread over the ierni. For those experiencing a temporary t in in¢oTr]e. we provided hardship byrsarie& waivin8 some or all of the fees, until matters improve. In order to make savings. the School deferred all non-essential expeThJitttre fv the remainder of the a¢&d¢mic year. Throughout the disn]ption all teachers and the majority of 5UPtrf staff were fvlly engaged in carrying out their roles to ensure the School Could deliver its core educationa] functio￿ fijlfil our r¢gulatory obligations, and keep ihe admini5trdtion of the School goin& and we were ¢ommitted to continuin8 to employ and pay them for the2r much-valued efforts. The Sch(x)1 sitc rtmaitted open through)ut I￿kdOWn for esse￿1&1 purposes including the provision of crucial administrative (especially IT) support for the S¢h¢y)I's educational endeavour and continuing pasioral ca￿. There were some, bui r¢latively few. 5UPPDrt staff and contrart staff (especially catering and cleanithg stsff) who w¢r¢ furloughed. These coll¢agu¢s are at the ltswer end of OUT pay scale, and th¢ GOver￿)rS felt strongly that these colleagues should be supported ro ensure thai they received their fvll salary during this difficult lime. Our commitrnext to our staff and the wh)le S¢hool comrnunity emphasises the decision thken by Governors to charge the full Summ¢r Terni fee was not tsken lightly. The ¢on¢lu5ion that should focus our support on ihose who are in the most need. We considered this io be the best use of our fijnds as a ¢harity, and the m05t effective way to sustain ihe overall Godolphin communiiy to th¢ fullest extent. STATEMENT FROM THE CHAIR OF GOVERNORS GODOLPHIN ATr4D LATYMER SCHOOL (Continued) We remain ¢ommitted io the Coniinuaiion of outstandin8 teachin8. learning and pasioraj care forth¢ studentsat Godolphin and Latymer. and l am confideni that our communiry can emeTEe from this time of ditricully Stronger and more close-knit than ever. We may not experience the full 'nornial' for Son￿ time to com< buL Wth the ongoing commitment of the Schi>ol Communiry. we shall continue to Work to ensure ihai our students receive an outstanding edu¢atioN enabling ih¢m to face new chalknges with ¢OLrag¢ confLdetKe. THE GODOLPHIN AND LATYMER SCHOOL REPORT OF THE SOLE TRUSTEE FOR THE YEAR ENDED 31 AUGUST 202(J The Godolphin and Laiymer School Foundation {'the Found￿10￿.1, b¢in8 the Sole Trustee of the Godolphin and Laiym¢r SchcA)l {'tIK School'l, presents its RetM)rt and the School's accounts for th¢ y¢arended 31 Au8USt 2020. GENERAL INFORMATION Siaty& Administration and St)le Trust Founded by deed on 21 December 1703, the SclKMTrI is a regisiered chariiy (number. 3126991. The Foundation is a ¢ompathy limited by guarantee Irrwstered number 3598439 and ¢hwiry number 1073924). Directorg Trustees- Governors of the Sch￿1 The following served during the year end¢d 31 August 2020 and since ihe yearend.. Mrs A J Paines (Chair) Mrs S J Kinros5 Mrs P Bose Roberts lappoinied 01.09.20201 K G Knibbs S R Carn¢y (retired 13.02.20201 Dr L Mwll Ms J Collins Ms T Meller Ms S B Davies Professor Geraint Ree5 (apw)inted 119119) S A Davies Mrs D Rose G E Fendley lappointed 1.9.19) Mrs K S Slesinger lappoinied 1191191 TJHoweQC O F H Warin8 Prof¢ssor Darne Julia Hi8gins Irttired 30.06.2020) MTS E T Watson Clerk to the Governo Mrs D M Lynch Exec￿15Ve Offic¢r4 Head Misiress BuTS8r Senior Deputy Head (Pas￿ra1) Deputy Head (Curriculum and Academic) DrFmRRAffj￿ Mrs L) 1 Lynch Mrs A L Paul Dr S P Flarl￿tt Sehool address Profes*lo#*l Advlsers The Godolphin ar￿ Latymer Sch￿1 lffley Road, Hommersmith. London W6 OPG www.godolphinandlarymer.¢om Billkers Alli¢d Irish Bank 9-10 Angel Court London EC2R 7AB HSBC pl¢ 21 King's Ma]1 London W6 CQF Audi¢oT$ Haysmacintyre LLP. 10 Queen Strttt Place. London EC4R IAG Veale W&8brough, Orchard Lane. Bristol BSI 5WS Investment Advisers Quilter Cheviot. St Helen's. l Undetshaft. LoTwAon EC3A 8BB Insurers Marsh Broker5 Limited. ￿17 Pe￿yMOUnt Rorf Haywards West Sussex RH16 3DU THE GODOLPHIN AND LATYMER SCHOOL REPORT OF THE SOLE TRUSTEE (C¢￿11￿utd) FOR THE YEAR EIYDED31 AVGUST202 STRUCTURE, GOVERNANCE AND MANAGEMENT Historyi CoThstitytion xDd TTU5tees The School is a day s¢hool for 8irls a￿j brtween I13nd 18. The tharity was founded by Sir William Godolphin by Deed dated 21 December 1703. further regulated by the will of Elizabeth Godolphin made in 1724, and augmented out of th¢ ¢ndowment of the LAtymer Foundation in I￿3. The charity was r¢gulated by a Scheme Cre￿¢d on 23 December 1903 which was replaced by a Scheme created on 29 Sepiember 1977 with amendment on 14 July 1986. A further amendment was made on 14 April 1999 under which the Foundation became the Sole Tnsttt of the s¢￿)0[, and it5 dirtctors became the Schcx)I's Gowerning Body. Additional amendments were made on 9 May 2005. to allow the pur¢hase of ind¢mnity insuTanee on behalf of the Governin8 Body. an¢L on 20 June 2(N)8, regarding the School's borrowing powers. The Governing Body of the khool may cotnpri5c one Governor. nominated as an Heir of Sir William Godolphin (a Nominai¢d Govemorl and Thot more than nineteen Governors cmpted by resoluiion of the Governors in office ￿ the time (co￿pICd Governors). All Governots are appointed for four-year ternis. A Nominaied Governor is elig5ble for reappointment without limit; Co- opted Governors are ¢ligibl¢ for reappohntment for a funher le￿ of four years and. in exceptional ¢1￿UMstanCe& for further fouT-year tem) or ternis. Two Co-opted Governots who have ¢hildren in the School may be appointed as 'Parent Governors, for four year5 or until they no longer have a child in the School. whichever is the lesser terni. Such Governors may subsequently be aprA)Int￿ under the ordiTWy provisions relatingto Co-opted GovemoTS. service as aParert Governor being igrtored. The members of the Governing Body who served in the year wider review are shown abov¢ under 'Directors and Trustees Gov¢mors of the School.. The DiTeaoTS of ihe Foundaiion are also its Members. and setve as Trustee5 of that chartty and as Governors of the Srhool. Gov¢rnAnce And M8nagtmtrtt The Govemors. as the Tn￿le¢S of the Foundatio￿ are le￿IlY responsible for the over￿1 ma￿sement and control of the S¢h¢)ol. and meet. as a minimum, during each tern. DO￿lO.daY mal￿gement The day-l￿aY education and pastoral Lwe of pupils #Twj the appointment and maNgem¢ni of t¢a¢hing staff is delegated to the Head Misiress Dr Frances Ramsey. who is SUp￿rted by a Senior Leadership Team. R¢5ponsibility for ihe non- teachin8 Staff and for the School's fJnan¢i?I mana8emeni and premi5e5 is delegated to the Bursar, Mrs Diana Lynch. Me¢tings of the Governor5 are attended by the H¢ad Mistress, the Bursar and the Dcputy Head& Mrs Ann8 Paul (Senior Depu¢y Head, Pastordll and Dr Sara Harnett (Lkputy Head, Curriculwn and Acad¢mic Matters) and they and oiher senior members of stsff attend mttiings of GovertM)rs' Commiiiees. The Governors eonsider thai they. together with the Head. the Burstr and the two tkputy Head's Compri￿ ihe Key Management Persot2nel. The Govemors give of their lime fTe¢ly and the pay and rernuneration of the Head and seniorstaff is sei by ihe Senior Salaries Committee and 55 kw under annual review. A number of criteria arc used in setting pay: nature of the role at)d resp¢)nsibiliii¢5 ompeiitor salaries in the region the sector average salary for ¢ompardble pisitions trends in pay In recent years. flexible pay in the sector has affect¢d the ease of recruitmenl to certain roles and the School intend5 to be in ihe upper quartile for pay for senior ro1¢5 in the independeni xhool sector. The Governors have given dele￿Ied authority io the Head to pay hIg￿r salaries for exceptional candidates where this is in the inierest of ihe School. THE GODOLPHIN AND LATYMER SCHOOL REPORT OF THE SOLE TRUSTEE (eoTr¢inu¢d) FOR THE YEAR ENDED 31 AUGUST2020 For matters concerning the School other than ihos¢ for which the He*J Misiress 15 r¢sponsible. tTr￿ Govemors have ¢stablished eommitiees with specific objeciives: a minimum of two Governors sit on each ￿mmI1[¢¢. As appropriate, Ih¢se eommittees either pass do￿ decisions to the School's ex¢cutive mana8ement under delegated authority from the Gov¢rnor& or refer mallers for decision to the Governsn8 Body. The principal committees 8Te.' The Development, Cornmunication$ and Alumnae Relations Committee. This committee pri￿1pallY works with the School's tkveloprncnt Office. which raises funds for bursaries aThd for additionaj facilities for th¢ School. and maintains eoniaci wtih the School'5 alurnnae. Old L%)Iphins. The Education Committee. which considers matter5 rel*irtgio the ¢WTiculum and more widely. to teachin& learnin8 and paS￿ra1 matter5 8enerdlly. The Firtan¢e. Audii and Investment Commiiiee. This Committtt meets tcThnly to assess The School's finan¢i41 position and to review the capital and operating budws. foreL¥5ts. management accounts, audi*d a￿Ount8 th¢ annual report for preseniation io ihe Governor5 and the funds available for prizes. The Health. Safety and Risk M8nagemenrCommittee has responsibilitydelegated from the Gov¢rningBody to review any major risks associated with the operation of the School and the Foundation. The Policy and Governan¢¢ Committee. which en5ure5 a Common und¢rstandin8 of the major issues thai the School fa¢es and co-ordirhates a ¢onsisteni approach to these between the Gov¢mors' committtt5 and the School's Senior Leadership Team. The Committee also reeomrnend$ appointsnents of a Head Mi51ress. Governors. the Chairman and Deputy Ch&innan of G0Ven￿rn and considers membership of Govemors. committees. Recp'iiilmeni iraining ofGovernors Before seeking new Governor5, th¢ Policy and Governance Commintt will be guided by the relevant comprfence, experience and specialisl skills sought by the Governing Body from any Govemor. New Governors are appointed only after int¢rview by the ¢ommittee and after wnsidernion of the colnmittee's findings by all Gov¢rnoT5. Vacancies for the p)sition of Parent Governor are notified to all po￿nts. and all eandidates are interviewed and asses5¢d under the sa]ne criteria as for non-PaT¢ni Governors. After appointmenL all new Governors are 8iven appropriate guidan¢e on all 8spec15 of the Schth)I's operaiions and their role and Tesponsibilities: access is providcd to outside Courses on Trusteeship and related matters. Prirtipal I'isks and iincertuinlies The Governing Body is responsible for overs¢eing the risk management pD)¢ess conducred by the sch￿7. REVICW of risk is d¢l¢ga¢ed to ihe Health. Safely and Risk Management Commitle£' the Head, Bursar. Designai¢d Safeguarding Lead. Senior Texh¢r (School Or8ani5ationl and ihe Assisthni Bursar Icompliancel are mernbers of this committee. A fornal review of the major risks envis88ed for the School (including ffgulaiory and compliarte m*tteTS) is undertaken annually by the Senior Lead¢Tship Team. under which the systems and procedures that control and mitigate risks are ¢onsid¢red aNI discussed as necessary. The r¢sult5 ar¢ then reviewed and divii¢¢eA Committee before being reported io lh¢ full Governing Body. The Gov¢rnors have a5ses5ed ihe major risks io whi¢h the School is exposed and are satisfjed that Systems are in place io miiigaie the School's exposure to the major risks. Su¢h risks and ￿trOl$ are reyiewed ott & regular basis in n,"d( r to rnitigate any impaci ¢hai ih¢y rnay have on the School in the firture. The main risks that ihe Governors have identified are those of: The political clirnate of arttipathy iowards indewdeni schoo15. This gives rise to a rnnge of risks: from the purely financial. such a5 the potential 1055 of charitable ￿alu5 or relief on busines5 fdtcs- to the operational, should VAT be introduced on school fees (which would make them unaffordable formany parents). It is difficult to identify effective control measures but the School ¢oniinu¢s to work with the Independent Schools Council and other representhiive bodies to defend the clwitsble sthtws of iNlependent schools and publicise the positive contributioTh they make. The S¢hool is also looking for ways to reduce Costs. g¢n¢Me additional income and fundrnise in order to offset arty rinancial impact. The p)ieniial damage io th¢ School'5 reputalion. The khool's success is buili on its reputation forthe education and wellbeing of its pupils. The key controls include the mainten8Tk¢e of high a¢ademi¢ standards within a diseiplined but friendly atmosphere, lh¢ ¢10s¢ monitoring of major risks and a of all areas of ￿h0o[ life by the Senior Leadership Team. Strong pastoral wmmunicaiion and action {both pre-emptiveand rearfivel 8rKi a strong relationship with p8rent5 and the wider community to miiigaie poieniial irnpact. The public profile of ihe School is monitored and public relations #dvisers in repuiation and crisis management have Ecen appointed. During lh¢ Covid pandemic. controls hav¢ also included provision of high quality remote teachiTr8 where it has been needed and siringent control THE GODOLPHIN AND LATYMER SCHOOL REPORT OF THE SOLE TRUSTEE (contittued) FOR THE YEAR ENDED31 AUGUST 2010 measures in school to reduce the risk of infection Is far as possible. The Sd￿01 is re>Jy io mov¢ to remote teaching should lockdown measure result in further school ¢losur¢> The Godolphin and L4tymer School ByTS*ry Fund (tbe-Burnry Fund Bursary FuThJ is a separaie charity (charity number 10809121 whose aim5 include the advan¢emeni of the charithble obje¢is of the School. The Bursary Fund make5 Si8nifi¢ant sums aw4iiabl¢ io the School each year to eTrable the School to supplement the means-iesied bursaries that it avdrd5' it has also loaned fijnds to the School at ¢ommer¢ial rates of interesi to help fund devtlopment of Ihe School's facilitie5. The GovttnoTS app)int iwo TnJs*es to th¢ Bursary Fund, and other Govemors may serve a5 Trustees provided th￿ Governors do not constitute the majority of the Fund's Bo8rd of Trusttts. OWECTIVES AND ACTIVITIES Objects The 'Objea' of the Foundatson (the School's Sole Tnjsteel hs to ￿vance the education of the public. under which it LS emw)wered to provide for the instruction of the School's pupils and iheir 'spiritual. moral. mental and physical training,. The School's Object as a charity. as set out in its Scheme, is 'the provision and ¢onduct of a day sch¢)ol for rls.. Airns Thc School's overridin8 aim is to prowde the gids wilh an outstanding education. Through the lessons and aciivities in which they participate, the girls learn for life. They develop habi¢S of mind th81 promote curi051ty and initiative, inlelle¢iual rigour and independence of thoughL refleaive learnin8 aThJ flexible thinkin& the ability io maintain an open mind and ro rea¢h a balanced judgement. They achieve excellent examination results and follow the higher education thway of ih¢ir ¢hoi¢¢ at leading imtiiuiions in the UK and tyond. The khool recognises that all the girls are different and it aims io provide one wih a Stimulating and enjoyable education. It offers an exciting rang¢ of intellectual. creative and physi￿1 challenges and opportunitie5. encouraging the development of individual passions and particular skills alongside the self-esteem and confidence with which io su¢¢e¢d in unfamiliar Si￿ations. The School's long himory of providing education ftir girls from a wide range of backgrounds create5 an ertriching and inclusive aimosphere. Within this principled. caring and friendly communily. girls learn io lead, to work together for mutual benefit. to communicaie clearly ond io forge firni friendships. The School encouraBe5 gir15 10 learn about local, national and global issue% from which it believes they become considerate, compassionate and courageous young Kirncn who fully expect ¢0 tsk¢ a¢tiv¢ responsibility forthe community and cnvironment in which ihry live. Is well as for theTnselv4 both now aThl in the fuiwe. Objeetives for the Year Prin¢ip*l Aetlvity The School offeT5 to 911 the girls both a bri)&d aThJ balanced a¢thmi¢ curri¢ylum and eXtr￿￿￿1¢Ular3CIIVitit5. where iK)ih are considered io be n¢c¢ssary comw>nenis of a 8ood 8enerdl education. The a¢ad¢mi¢ ¢urrieulum include5 Ihe option of the International Baccalaureate. The S¢hool seeks to challen8e Ihe gir15 intellectually and to encourage independent thoughi. by making available to them a wide range of a¢ad¢mi¢ and non-academic opw)rtullitie& including outreach programmes which provide involvemeth with, aThl support io, ￿ wid¢r ¢ornmunity. Publit Benefil The Chariiies Act 2006. having wilhdra￿ legal pregumpiion thateducaiion in itself offers benefit to the public ai large, placed an obligaiion on the School to demonstrdte that it provides 'Public Benefit. as part of lis provision of education as a charity in a fee-charging environment. In setting the School's objectives and in their e￿ab]iShMenT of managem¢nt of the School. the GoverThM have paid dye regard io th¢ Public Beneflt guidance published by the Commission. THE GODOLPHIN AND LATYMERSCHOOL REPORT OF THE SOLE TRUSTEE (fontinued) FOR THE YEAR ENDED 31 AUGUST 2020 Community #ad P*rtnership Lin The S¢hool strive$ to be a g(bod neighbour in the I￿￿7 and wider communtty and the Governors facilitate access to the Sch(x)I's resources in a number of way5. The School supports a full programme of meaningfvl, mutually-benefici?I partnerships with organisaiioD5 iD¢lllding the volunthry teaching by our students of Children in local ￿h0o]S, ¢hariiabl¢ fundraising. aeeess io spo￿, music and drama fa¢ilities to local primary 5chool% and work with elderly people. This programme i5 a core elemellt of thc broad, enriching education offered at Godolphin and Latymer and shares importance Wlth the School's fomal. timetabled curriculum. Community links and s¢Thi¢e outside the khool. offer avenues for personal, ethic81 and social development for the girls alon8side the formal academic, artistic and sporting ¢urriculum and &s such arc an inlcgrnl aspect of the School's aim to provide a fully roundcd education for the girls aod supporn for outside 8roup5. In 2019-2020. voluntary placements were ken up by 130 gir15 lan increase from the previous year). ￿Udents Tegularly volunr¢er in six primary s¢hools a5 well a5 other institutions such as residenti￿ and old people'5 homcs. All girls parti¢ipa¢ing in the Duke of Edinbvrgh's Aword Scheme and Ihe International Baccalaureale in the Sixth Fomi. offer an element of Commuthiiy seryice organised either by the school or independently. A number of pla¢¢ments are available to girls in the Sixth Fom at local schools and charities, i￿luding the Rugby Portobello Trust and Nazareth House. GiAs are encouraged to understand the need5 of others atld demonstrate commitment to their pl￿ementS. Girls siudying the International Baccalaureate have or8anised and tsken part in the following xiiviiies as part of their Creaiiviiy, Aciion and Service {CASI projects.. A Sanitary Produci Drive alongside local charity The Homeless Period. Saniwy prodwt5 were collected for a local women'5 shelter. Violin Tuition for primary aged pupils within the local ¢ommuniiy. Proceeds from this setvice were donaied to the Uyghur Human Ri8ht5 Project IUHRPI. a hurnan righis research. rtportin& and advocacy organization, which focuses on promoting human rights and democrdcy for Uy8hurs ar￿ otkrs livin8 in East Turkistan {reftrred io as the Xinjiang Uyghur Auionomous Region by Chin¢se auihoriti¢sl. Or8anising and perftsTming a Clarinet Recital to ￿ndraISe for the Refugee Council. In 2018, Ihe School launched ih¢ Social Impaci ProiecL which invites 5tudettts to make an individual or group submission io design a s￿la[ imp0¢t proj¢ci and provide a detailed prowl ouilining the objectives. how it would be implemented, and the likely costs. Th¢ proj¢os need io show evidence of h2vtn8 real w)tential to improve the lives of others and to achieve maximum impact. and iohave ihe poiential io be susiain¢d beyondihesiudenrs. lime alth¢ S¢hool. The culmination of the progrydmme is the Social Impact Prize. where students preseni iheir ideas io our judging panel, which in went years has included the Head. Dr Ramsey. Governor Oliver Warin& tkputy Hvdds Mrs Paul alld Dr Harnett. as well as members of the Kh¢mka family. who very 8enerously sponsor the projecL Ideas entered in 2018 ranged frorn running weekly after- school ¢lubs, expanding lh¢ 'Ocean Matters, club into oiher school& 5UPPOrtin8 an end to period poverty. developing an academic mentoring programme, slartin8 up a youth choir in North Kensin8ton. creating a food bank app and desigrtirtg the 'Creating with Dementia. programme. In 2019 there were so many fanthstic eDrrie5, the judges decided to create 8 separate Senior and Junior prize. In 2020 the overall wnnets were LK)wer Sixth siuden15 who Produced 8 scien¢¢ magazine aitned at school children in order to promote a love of the subjecL The runners up were an Upper Sixth student with a su5tainabl¢ eating prOj￿t and a 9 sIL￿ent with a plastic bottle up¢y¢lins projea. Pupils at the School are fully involved in monthly tea parties a J the Christmas tea party for loc41 elderly residents. L)unn8 the Harvesi FestlV81 the girls dort￿¢ and give ioihe Hammersmrih and Fulham Foodbank. assembliestookplaceihroughou. the year to raise 8Wdrtlless al%)ut the local food bank aTwJ lis impact in the community. In addition. stsff donate toiletri¢$ to a local wom¢n'5 refuge. The School a¢commodai¢s the con8Tt8aiion of Holy Innocents for their Palm Sunday service in thE Chapel of St John The Evangelist, in the School's Bishop Centre. THE GO￿LPHIN AND LATYMER SCHOOL REPORT OF THE SOLE TRUSTEE (¢ontiTh4¢é) FOR THE YEAR ENDED 31 AUGUST2020 Publie Events Every Friday during terni tim< the School hosts the Ancieni World Breakfast Club (AWBCI. This has a membership of over 250 people dra￿ from a¢r05s west London. while it is also open to all girls and sthff. The Club is fortunate io have gained a national reputsiion within rhe flelds of Classics and Ancient History. and rtgularly attracts speakers who are leaders in their field% as well as new ￿holarS seeking to make their rnark. The club is 5UPPOrted widely within School. such three staff meM￿rI have participated alongside visiiing academics this year. Receni Speake￿ have included: Proftwr Elizabeth Vattdiver. the Clement Biddle Penrose Professor of Classics at Whitman College, USA; bookseller, historian and historical novelist James Hencage 15peaking from his base in the 50Uthern Peloponnc5e of Grrtcel. Dr Alison Pollard, Le¢turer at St John's Colle8e, Oxford and A5SlStant Curaior kn the Department of AntLqUlties at the Ashmolean Museum. The A WBC ¢oniinu¢d throughout th¢ pandemic which saw th¢ usual le¢ttJTes t3k¢ place as 'pOd¢￿S.. The Summcr Temi re￿ured ten px)dcasts which were made avai18bl¢ to ¢v¢n wider communiry online. The podcasts have had almost l.O(N) 'lisiet)s' io dale. The Sehool's annual bazaar is a long•stsnding inmiiution wih m￿Y girls running their own Stalls. it is a popular event with the local community. Thc event continues to raise money for the Godolphin at)d Latymer Bursary Fund and, in 2019. Ihe remainirtg funds were donated to Shelter. a charity combatting homelessness. and the Amelie & Daniel Linsey Foundation which supports the familie5 of local victims ofthe Sri Lanka knier bombing. In 2019-2020. the bazaar raised in excess of £30,000. During ihe year under r¢view, lh¢ Sixth Fonn prodLKtion of'Little Shop of Horror5, raised fund5 for The Anna Crossman Trust for Kids in Kevdli Indi4 aTh4 the Carol CotKert raised funds for the G￿lphin and Latymer Bursary Furtd. RAising and Giving (RAG) Thi5 year the RaG team nominated a range of ¢hariii¢& both inwnaiional and lo¢ai. for which to raise funds, ¢hosen in consultation with RaG repre5entaliv¢5 frorn throughout the khool. Charities included the Ameli¢ and Daniel Linsey Foundation and ihe Grenfell Foundation which were both very dear to us. We also SuP￿rted Action on Disability. Against Breast Cancer, The Charlie Waller mernori￿ Trns18nd P¢mbridge H05pic¢ Ch8rity. Th¢ girls rdised money by holding bake sales twice a week with cake don￿lOn$ from tutor groups and broughi back ihe m￿h-M1$sed Oreo Cookie sai¢ which sold out in minutes. Sp¢akers came into School from Action on Disability and the HammeTSmith and Fulhttm Foodbank which helped us io forge close links wilh these charities. The a5s¢mbly on foodbank5 aimed to give the school eornmunity more of an understanding of why they were required and who might. unexpe¢iedly, need them. The RaG ieam wa5 particularly b￿sY prior to Christmas ￿ we collec*d Christmas presents for teenagers who might noi ffceive any. we rnn a Christmas i¢a party for local elderly resident5 complete with caro15. presents and bingo and we organised and supported the pupils. sialls ai th¢ Christmas bazaar. During remote learning. the RaG girls collated our sclK)0S community effort5. puttin8 together a newsletterof ads of Charity and volunteering and rttorded a video io encourage studenis to donaie to a foodbank collection and support the Power to C¢￿ne￿ charity. promding renovated COmp￿tr5 io pupils without access to ihe intemet. Our Primary Partnership Progrnmme The khool ¢oniinues io develop its relaiionship witty and support for, lo￿] primary schools. under its Primary Partnership Programme. The School rais¢s funds for thes¢ primary schools and supp)rts various projeets. The support the School provides is agreed by ¢onsuliaiion wth each Primary school, so th￿ the provision is iailored and mosi beneficial. The programme is open to all pupils ai the primary schools. Prior to lockdown, the school continued to rnn sports sessions for pupils from a local primary ￿h{m)I. Every wttk specialist coaches provide opportunilies for climbing And trampolining. giving the primary pupils chance lo ty dtffereni sport The School coniinues io provide iea¢her-ttaining op￿￿unItles forone of the primary schools wirhin lis partnership Pn)j￿t and this has becotne a regular feature. The School, through its partnership with the Ogden Trum coniirtued to provid¢ CPD opw)rtunities and specia]ist resources in science. particularly Physi￿ for four of the primary schools within the partnership. THE GODOLPHIN AND LATYMERSCHOOL REPORT OF THE SOLE TRUSTEE (eohtlnued) FOR THE YEAR ENDED 31 AUGUST 2020 The khool provides other opportunities for prirn8ry pupils to Use its facililies: Temily ndball iournam¢nts were organised wilh a large numberof prirnary ￿h0o￿% taking palt Qualifiers for the Hammersmith & Fulham borough London Youih Games team were hosted. Local pritnary schools use The Sch￿1,$ performance and rnetting spa￿$ for their Christmas concert5 ￿T￿ presentatltsn days. Primary school pupils were scheduled to come into ihe School io watch Pr0￿ctiOnS by outside organisations (e.g. the Science Muscuml ¥nd irt-house produaions le.& the Lower School play). ￿fortunatelY ihese w¢r¢ cancelled due to the pandemi¢. The Bridge programme is an enrichment programme for primary aged pupils and began in January 2020. Sevenieen lo¢al state schools nominaied 44 Year S pupils to attend monthly tuioring whi¢h is d¢livered by Godolphin and Latymer ieachers Oti Slte. Tuition in English. Mwhematics and other subjects has coniinued vinyally throughout the pandemic with additional IT support being provided wher¢ reguired. Planning for next yearfs programm¢ ¢0 tun at double the ￿Pacity is underway. We are 8rateful to our generous donors who continue to enable this project. Our Partnership with K¢nsington Aidrhly Ae*demy Ind Links with Other MgiDt*i•ed Second*ry Sehools The School coniinues to be a joint tducational partner wilh ihe Kensin￿￿￿ Aldrid8e Academy IKAAI. The aim of the partrkrship is io share besl prdCii¢¢ re88rding educational excellence across both s¢h¢)ols. The Head of Sixth Fomi has been liaisin8 With his counterpart at KAA and the Higher Education ieam invi1¢ students io a variety of events. Collalh)T*ion beiween ihe Ch¢mi51ry. Geography. Music. Modem Foreign Languages and Religion and Philosophy d¢partrnentS at the school and KAA has tsken place. io assist with les50n plannin& collaborative planning and identification of fwiher opw)rninhties for sharing of best PTa￿l¢e between the two xhools. The School supports KAA $tudents with Higher Education and Careers advic¢ in a number of diffemit ways. For example, KAA students are offered PTatlice Oxbridge inieThiews and ar¢ invited io attend the PPE Forurn. Thts year practice Oxbridge interviews were arran8ed for flve KAA students in Chemis(ry, Bl￿h¢M1$try, En81ish and History and Politics. The S¢hcN)l is providing on-going support to KAA'$ Head of Biology to assisi wilh m¢di¢in¢ 8ppltc2tions. To support US applications, KAA St￿￿entS were invited io attend a US College eveni and the School is organi5ing US applications meetin8S Wth prospective US applicants from KAA. The School invties severa] maintained school& including KAA, ro it5 Ur¥Jis¢overed Subjects Taster Day eveni thai takes part biennially. The Sch¢Jol covered the Cost of studen(s from Greenford Hi8h Schwl. KAA and Wesi London Fffe School attending the Medic Portal Day. whith the School org8nised and hosted, and the annual workshop for students iniendinE io make appli￿lon$ to Oxford or Cambridge universities. KAA and the Wesi London Free SclK>oI are involvcd in the School's pathetEhip with Th¢ Ogd¢D Tru51 which aims io develop a knowledge of Physics and to support 5cienee teaching in secondary school& This involves CPD for staff and activities for pupils. KAA hav¢ also worked with us on the IRIS Iln5litute for Research in Schools) project; three students have come over to Godolphin and Laiymer io w)rk on star datt for the James Webb Telescope project. A member of the Godolphin and Latymer Physics department has ha]f iennly m¢etings with one of the KAA Phy51CS teachers to help promoie th¢ uptake of physics. by assisiing local prim￿ schools and secondary schools io Thn physi¢5 related events in their schools. The khool received a 8fdnt of £3.000 for the second year running to be shared benveen all ih¢ s¢hools and £250 per s¢¢ondary s¢hool for CPD. the idea is that every sclKsoI organises one eveni such as a visit from ihe Science Museum. hosting the Planetsrbum, masierclasses from UCL and some family orientated events to increase the s¢i¢nce capitsl at students. homes. Wr h3ve also organised a joini lerfur¢ series whi¢h started in the acadetnic year 2019-2020. In Classics, KAA apprwTr￿d tQ see if they might be interested in participating in an interschool Latin and Greek reading ¢ompeiition bein8 run by a Lower Sixth IB student fnr h-_ 4C In s¢ien¢e, KAA were invited to ih¢ Lower Sixth STEM week quiz Ind the Year 8 and 9 Science Museum leciure demot)Straiion& The Hisiory of Art department or8anLses aTKI hosts the West Londort Art History Café, an extension reading group for siudenis fmm local schools applying to sludy Art History at universTty. which Tuns from June of the Lower Sixth to December of the Upper Sixth and in¢lud¢5 inierview Practic¢. KAA art students were invited io attend a study day at Leighton House in the Autumn Temi 2019 and in January 2020 th¢y wer¢ inviied io join the online Art History A-level. THE GODOLPHIN AIYD LATYMER SCHOOL REPORT OF THE SOLE TRUSTEE (eo•¢iAwd) FOR THE YEAR ENDED 31 AUGUST 2020 In Art, the Heads of Department at both schools io di￿$$ the stnKture of ihe Art course, managing quaniity and quality of work, inierpreiing the assessment objectives in relotion io the course we impart. exam board choice, showing sample works (talking ihese through) and sharing ideas regarding spe¢ialisi proces5e5 of making. They also looked ai opportunities to shore our spe¢ialisi f¥Iliti￿ equlpment and ￿aff expertise with regard to these. Our Dire¢tor of Teaching and Learning liais¢d with th¢ member of staff at KAA who 1$ tsking a lead on develtspin8 the ademy improvement pritirities through research inquiry questions. A tnedingof the iwo schools 15 plann¢d forthe Autumn Temi 2020 todevelop fvrth¢r plans forexpandin8 the parthership. The School nms ihe Lormion Junior Debating League. the only debaiing ¢ompaition in the country for Years 7 and 8 open to both independ¢nt and maintained schools. which offers leadership oppTrrtunitics for older girls as coaches and judges. The School otTered a fre¢ En81ish Speaking Union workshop for local maintsined school students. During the year. two Lower Sixth pupils arranged ond delivered a debating workshop at 8 local maintained school. They provided ongoing weekly Coaching to the team from Fulham Boys School. who won the London Debate Challenge in 2018 with a551Stan¢¢ from our Sixih Fomi coaches. Th¢ School also rwis ihe London Sixth Form Debating Competilion for siudenis in Y¢aTS 12 and 13, balf of which were maintained s¢h¢)ols. It was due to the Middl¢ School Debatin8 Competitioth, an annual event for pupils in Years 9 to I l. beforethis had io be ￿Ce7]rd due to lockdown. Dwing lockdow￿ we continued debating regularly online. ￿th fixtures again# Latymer Lpper. Benendcn and South Hampstead High. The S¢hool a150 S¢t up the London Online Debating Competition, wilh 20 ieams thking pan from across the UK. and also teams from ￿h¢)015 in Conneciicui and California. The Head of Debaiin& Julian Bell, offers free advi¢¢ and resources for debating on his blo www The School provides opponunities for over 20 teachers from Ark schools and those in the Now T¢￿h programme to cornplete placements as part of their PGCE training progrdmme. Wlder Cornmynity Benefit A numE¢r of leachin8 and supwt staff are Govemors of I￿al maintsined schools (Avonmore Primary School. Hammersmiih; Bra¢k¢nbyry Primary SclMM)l. Harnm¢Tsmith. St Pe￿.5 C.E Primary School. Hammersmith. All Saints Prirnary School. Putneyl. ACHIEVEMENTS AND PERFORMANCE Public tx*mlrt*tloms Due to Covid-19. all public examinations w¢re ￿n￿lled in the summer of 2020. Teachers, Heads of Departments and Senior Leaders Compiled athd submitted C¢ntr¢ Ass¢ssed Grades for A Levels ar￿ GCSE candidates thai rtfl¢cted their professional jud8ernent of the grad¢ that the candidate was mosi likely to have achieved if they had completed any non- examination ossessments and sat tk final cxarninations. Afterthe use of the propo%d stsndardiwion model was reversed, these Cenire Assessed Grade5 wer¢ those fina]ly adopted &% the formal qualification results. The A Level cohort had perfomied ¢x¢¢ptionally w¢ll in their GCSE exatninations in 2018 and theLT final A Level grdd¢s in 2020 reflected this traJ￿l0ry, with ihe ￿￿en￿ge of A* B grades betng 99.6Wo. The percentage of A* attd A grades aehievcd was 88.8Yo. with 53.*i'• ai A* grades. The GCSE resulis were also exeellent. with 98.6Yts of all exams taken resuliing iD Grad¢$ 9-7 l¢quivalent to le8acy A*IA grades). 65.4Vo of grndes were Grade 9 89.4Wo Gr8d¢s 918. The grades for ihe Iniernaiional Ba¢￿jaureate IIBI candidates were calcula*d by the Intern￿lonal Bac￿]4urealt Organisaiion usir)g a ¢ombin*ion of teacher prediction5 (made before the announcemEnt Df ￿n¢t]latiOn of the ¢xarninationsl and extemally marked ¢oursework in each subject. Thisyear'5 candidates again achieved exceptional marks, with an average score of 41 poir)ts out of a 10th] 45 points. Three st￿1¢n￿ achieved the maximum SCOTe of 45. and 22 of the 30 candidates achieved a score of 40 or alyove. These A Level and IB resulis have enabled the vasi majority of pupi1s{96Wib) to obtain the first-ehoice unsversity pl￿e that they soughL eiiher in the UK or abroad. 10 THE GODOLPHIN AND LATYMERSCHOOL REPORT OF THE SOLE TRusfEE (eoTril•ued) FOR THE YEAR ENDED31 AUGUST 2020 Currieulum The School i5 committed to offering a broad and T¢l¢v4nt choice of subjects and ihe curriculum is kept w)der regular review. The most recent developm¢nt5 are Ihe offering ofM8ndarin Pre-u and Comwlwscience A Level. the first cohorts in ih¢se Subjects etsmplded their studies in 2020. Contribution of Teaehitsg Through qualiiy iea¢hing. the Scknl aims to challenge girls inielleciuajly atKI foster ittdepethdent ihoughi and learning. The School #rives for academic excellence in a Stimulating aNi exciiing learnin8 environment in which all girls are en¢ouTaged to take intelleciual risks without fear of failure. Godolphin and Latymcr is 8 research-infomid school wh¢re 5tsff keep up to date wilh the latest developmeDiS in educarioll￿ res¢aKh and adapt ideas io the specific contexi of ow School. S¢veral mernbers of staff are fellows of the Chartered College of Teaching and we have Contribu￿ articles to their jownal. Impad. To facilitate conversatkon5 around research-infomed practice, sin¢¢ Sepi¢mber 2016. we have run a serie5 of voluntary *a¢her leamin8 communitie5. In 2019-2020. there wert four teachei l¢arning communitie& looking al the landsca￿ of leaming. assessmen¢ metacognition and co8nitive load theory in PTacti¢e' itt previous years. these learning communities have been immensely valuable in SljPPOrting teacher5 to develop their leaching PTacti¢e in innovative ways. Alongside the tcacher Icarnirtg communitie& 51ud¢nt learning communities have run for Year 8, Year 10 and th¢ Sixth Fonn. The student learning Communities have proved aD ex¢ell¢ni way io encourage dialogue around learnin& t*)ih beiween the pupi15 themselves and between thr pupils and teachers. Students have worked with exiernat speaker5. most rtcently clinical ps￿h010gi$C Bellina Hohnen, and have the opportunity to fttdback to iheir year groups in assernblies. A particular hi8hli8ht of previous years has beeth ihe pupils speaking about their experiences of learning as part of a whole 48ff INsFf; LtDfortunately. this was not possible in 2020 due to the nN)ve to rem¢xe working. Both teacher and student leaming communities will continue in 2020-2021. Godolphin and L*ymer recognise5 the imp)rtan¢¢ of preprin8 briris for ihe w￿r1d they will be entering when they leav¢ school and the School's approach io technology is no differeni: trchnology will be part of their lives in the future and we believe it 15 e55elltial io embrace ihe opkx)rtuniii¢s ihal Te¢eni innovaiiotL5 in technology prtsvide. Every pupil and member of teachins staff in the School has their own iPad. This programme, ￿ongSide our hnveslment in G-suite tools such as Google Drive and Google Classroom. Proved invaluable when faced with a sudden switch to remote workin8 ifi March 2020. Our emphasis has &lways been on a blcnded Ivdming approach where technology is used alongsid¢ mor¢ traditioMI leaching mdhods and our pedagogy flrst approach remained in pl8¢t during this period despite the obvious need f(Trr increased use of digithl iools. Both synchronous and asynchrnnous training for remte teaching was provided for all staff and ourapproach was¢ommuni¢aied to parents viaour Tea¢hin8 and Learning Parent Port￿. Members of staff have shared their experiences working remotely outside the G(xJolphin and Latymer ¢ommynity- our Head of Speech and Drdrna took pan in a webinar forthe Trinity Drdrna group in April 2020 and one of ourClassi¢s *achers ran an online A Level Ancient Hisiory event in Jyly 2020. StgtT Development The School remain$ an environment with learning 81 the heart. This extends lo the staff for whom voluntary conTinuing professional development 19 popular with over 90?• Opting io undertake aciivities to enhan¢¢ th¢ir perfonnance in the 18s5room a5 well as in their p&sioral roles. Fifteen Heads of Department have taken the It)dependeni Schools Qualification in Academic Management at Level I by the etMI of the year. wth nine having complded Level 2. We also suppx)rt pastoral leaders to uttdenake the Pastoral Leadership Qualifjcation. All Heads of Year have undertaken Level l and three hav¢ undertaken Level 2. Specific training in ￿a¢hing?￿d mentoring is provided by a m¢mb¢rof ihe te￿hing$taff with relevant professional experience. Two members of $t8ff undertook projects associaied wilh membership of (h¢ ESLT,. one was in assessment and the other in academic Writing across the school. One colleague undertook ihe Chart¢r¢d Teaeher qualifi￿1]0￿ under th¢ auspices of the Chartered College of Teaching. The School also published a¢ademi¢ iexts, and others have delivered paper5 at international conferenccs. Focusing the annual professional review on developmental a¢iiviiies ensures that teachers. at all 5ta8e5 of their carccr. *e challenged and stimulated by new opportuniti¢s to ¢ollaboraie with others and io hone th¢ir skills. Godolphin alld Latyrner also hosts irainirtgevenis fortea¢her$ and le*Jers from other s¢lKJol& welcoming over 200 people a year for a range of develtspmeni events: over 80 neWly￿U411ried teachers attend three training days with sessions run largely by Godolphin and Latyrncr staff. 25 middle leadeT¢ -1¥￿￿4￿ provides facilities and rcsources fora rdnge oftrnining progranL nes Tun by the Girls. Sch)ol Associaiion,the Headm#sters' and Headmisir¢sse$' Conferene£. AGBIS and the Bri8ht Field prDgrnmtt* for fernale leadership: Ihese include ¢ours¢s on governance and pasioral leadership as ￿1] ￿ ru[￿Ing a school. THE GODOLPHIN AND LATVMERSCHOOL REPORT OF THE SOLE TRUSTEE (¢omtiTh•ed) FOR THE YEAR ENDED 31 AUGUST 2(120 The Role of P85tornl C*re Pastoral care is a very importat)i part of enabling Godolphin and L4tymer to 5uccecd in its educ*ional aim of truting eath girl as an individual and enablin8 her to make the mosi of her stren8ths. The tutor system allows the School to offer each student a very high standard of pusonali5ed care. In &Jdition. the focus on p8sioral car¢ place5 strong emphasis on the values thai we seek 10 insiil wiihin our pupils such as curiosity aEM)Ut the world around them, compassion for others and creatlVLty. This is illustrated by the significant role th81 our Challenge Your Limits programme plays wiihin the S¢h¢)ol. This programme i5 designed io develop resilience withinour pupils. so ihat they havethE confidenceto sumount challenges and ove￿oMe f¢ar of failure. Challengc Your Limits is all aboui irying someihing new and not worrying about it going wrort& It is also a Celebration of our community being able to pull togdher and help each other. Th¢ PTogramm¢ provides opportunities for girls sraff and pare1￿ io explore the importance of resilierKe in 8 wide variery of coniexrs. Our annu81 Challenge Your Lirniis Week includes speakers on a range of iopics such as erntional resilience, global resiliet)c¢ to natural di5&Sters and the role of resilience in professional d¢velopmenL The iheme for 2020 was Dare to Care which was explored from a wide variety of w8les. S￿akers include alumnae and pa￿niS and support for the initiative throughout the cornmunify 15 high. The pasioral cutTirulum. delivered on a regular basis in forni-iime lesK)n& highltghts areas dest8ned to make students awar¢ of the context of the world around ihem. FOT example. our Perspe¢iiv¢s prwamme for Year5 10 and I l examines modern4ay slavery and womeTr's ri8hts in relation to thE workplace. Our Head Girls Team ran very successful days on ihe iheme of inclusion and w¢ ¥r¢ building on their work for Seoember 2020 by setting up a student diversity commiltee. Remoie learning highlighted the importance of our 5tron8 emphasis on pasioTal care. Studenis coniinued io receive high levels of contaa with ihe pastoral team and a sense of comrnunity was maintained through events such as webinar-based whole s¢h¢)ol assemblies and live fomi time-meets- via Google Meei. In response to the Black Lives Matter campaign we rnn specific forni llme sessions for all stud¢nts on issues of racism, discrimination and inequalhry. These Thrre very well received by the school community. as demonstr￿ed by very p051tive feedback received from School Coun¢il abo￿ these sessions. The 2015 ISI In5PeCtion Report highlighted Ihe importan¢e of pasioral care in fulfilling the aims of the School, noting.. "Staff throughout the School kTK)W their pupils extremely well in accordance wilh the School aims...great care is tsken 10 support pupils on their ¢dU￿tional path-- "Pupils are ertcouraged to be iftdependenL carin& Yesponsible and Te5ilieni members of ihe ¢ommuniry. and to Contribute to it5 life and that of the wider cornmunity around thEm.- Promoting W¢llb¢iDg ind H¢ahhy Living Godolphin and Latymer take5 very seriously the irnw)rtar￿e of educ4ting girls and staff about well.being and promoting healthy living pas¢oral curriculum for all ages. In Year I l. Ihe girls study a m¢)dvle aboui well￿)ng called Lifestyle Plus. which offers educ￿10￿ on topics such as healthy the imFM)nan¢e of sleep and the ¢harKe to pani¢ipate in aetivities such as yoga and pilates. The Food Technology department educates girls about healthy eaiing choices. The breadth of sportin8 actLVlties on offer 15 aimcd at ensuring ihat all gir15 slay active. These opportunities include baskdball, badminton, voll¢yball. trdmpolining. cricket. dance. use of the fitness 5Ulte. Zumba and use of the climbing wall. Whilst offering a Tange of physical benefiis, Ihese aczivitie5 also enabl¢ girls io develop their emotional wellbeing throu8h spon by boosting their self-esteem. confidence and ability to lead as well as to work collaboraiively with othets. These skills stsnd th¢m in very gth)d stead in their preparation for life after scknl. Durin8 remote learning ￿ maintained a hi8h 5tsndard of swrts provision by givin8 live PE lessons. focusing on fiines5 trainin8, in order to boost stwients, fitness whilst leading a physically reStric￿d lifestyle. We had very rK>sitive feedback aboui ihese sessions from parents and pupils. We also ran an onliD¢ ￿tI¥ll1¢S aftem¢)on in lieu of a spons day, for Years 7-9. Throughout remote leaming we shared infomi￿lOn about wellbeing forall ages with students and paren1& and we ran activitics to promot¢ POSLtive wellbeing such as encoura8in8 Studenis to sharr pictures of their hobbies. 12 THE GODOLPHIN AND LATYMERSCHOOL REPORT OF THE SOLE TRUSTEE (¢ontinu¢d) FOR THE YEAR ENDED31 AUGUST 2•20 In the Lower School we rart a series of Se￿10n$ about stress ¢ov¢rin8 a5pect$ such #s good vs b&d stress. physical stres& debunking my¢hs about stress and IK)w to manage any detrimeniaj effects of stre&s. Ytar 7 did a stresg ladder where they thought about differeni aspecis of %hool life and placed ihem on a scale. Year 8 ¢xamin¢d the science behind stres5 and Year 9 did a prioritising workload exercise. We have tsken 3 proactive approaclt to managing stress around examination lime. W¢ supplemented the Mindfulness ex¢r¢ises in th¢ PaS￿ra1 curriculurn for the Lower School wth an a¢tivity based on the con¢epi of random acts of kindness and half term happiness aciiviii¢s. The wide range of sporting aciiviiies available to girls eominues in the Sixth Forni with th¢ Low¢r Sixth at¢¢ThJin8 timetabled Physical Education once a and many Upper Sixth Choosingto use the fithess faciliiie5 in th¢ir own time. Well-being is Centr￿ to Ihe Sixth Fomi pastornl ¢urri¢ulum. Re8uiar wEllbein8 sessions have been offered including rnindfulness. yog4 Tuiiiiing, and ¢reaiiv¢ activities such as colourin& crdft5 and puttles. Form limes delivered by form tutors have in¢lud¢d discussions such as mana8ing workload, alcohol awarw*ss, lifestyle and resilience irt the face of pressures of social media and how to embark on a diwtsl detox io en¢ouTage awareness of menial w¢ll-being. These are reinforced by a programme of talks from visiiing sp¢8kers covering a range of topics including addiciion and life al university. Both Lower and Upper Sixth sessions fo¢using on revision pla[￿Ing have all emphasised ihe need ro promot¢ well.being by baian¢ing siydy with regularexercise and a healthy diet. Thes¢ have iD¢luded whole year 8roup talks for thr Lower Sixih on managing perfe¢iioni5m and for ihe Upper Shxth on handling exam emotions, delivered by one of the school counsellor5. A regular drop in mindfulness relaxalion is offered every wttk as an activity ftsr both sthff and girls. The khool has a Head of Well-being 8￿j Deputy Head of Well-being; Ihey are responsible for promoting well-being straiegies throughout th¢ 5¢ho0l for all members of the community. DevelopiDg lo¢aL 0gtion81 and ￿0b￿l aw*rtAe55 The School places a stron8 emphasis on enabling the girls io develop local. nation81 aTKi global twartness of their resp)nsibiliiie5 &5 a ¢itizen. This emphasis is achieved through a number of ways I￿lUding.. The pasioral cUM￿l￿M. Throughout the Sch￿)7. weekly fomi time sessions offer pupils the opportunity to ¢xplore and debate iopi¢s, which develop iheir global perspective. For example. Yvdf5 10 tts I I study a bespoke cours¢ ealled Perspectives. which covers è range of topics in¢luding MrM4ern t>ay Slavery, Women and the Workplace. and Money and Morals. Fonn time tOPiC5 have also iTKluded aTeas such as migrniion and re￿ge¢s. In th¢ Sixth Form. a proportion of pasioral curriculum lime is also devoied io current affairs issues and d5scussion5 to promotr infornied 8lobal citizenship. Sixth Fonn topics include transgender issues aftd issues of unconscious bias- the UN'5 tkclaration of Tolerance and lis r¢levanc¢ in the rnodern world: the Human Righis Act- the progress of Brexii and the cons¢quenccs of the EU Referendum. Ihe gender pay gap. mi8ration' ihc US mid-tenn elections. School Covn¢il Leadership Trainin8. Each year. our Sehool Council w*rtsentsiives receive iraining in effectiv¢ leadership skills aThJ dem￿rni( representhiion of t￿p]e'S views. An Amnesty group, led by a team of Sixih Forn)¢rs, regularly highlights and campai8ns a8ainst 8lobal 15s￿S of social justice and abuses of human rights. The Head Girls Team are planning io develop this further in 2020-2021 through Inclusivity Days. The charities selec*d by the Raising ond Giving T¢am 5UPPOrt a ran8e of good causes irt local. national and g]ob31 contexts and volunteering opportunities wiihin the wrnmwitiy br08d¢n outkM)ks and enhance awdrencs5. Assemblies. The breadth of the a55crnbly programme is impTessive and captures ihe diw¢r5e naluTe of th¢ sch¢)ol communiiy. Giris often take as5emblie5. thereby offerirtgthern a leadership opportunity. which is very much in keeping with rhe ethos of ihe kh¢)ol. The Sixih Forni Lecture series aim5 to widen arld deepen understanding of global mattezs and provide insighi from expens in their field5. This year'5talks have included.. The revolution in British Archttecture in the 17th ¢¢nlury* The Rule of Law and Demouaey. A mathematical look at infinity aTbd zero. What is the 'good life? _ thc roots of modern of Happiness and Shakespeare in the age of Brexit and Trump. 13 THE GODOLPHIN AND LATYMERSCHOOL REPORT OF THE SOLE TRUSTEE (eontinu¢d} FOR THE YEAR ENDED 31 AUGUST 2020 for the environment Th¢ School is committed io promoting ihe impoTran¢e of protectin8 ihe enwmnment and encouraging all member5 of our Community to show respect fortheirsurroundings. Th¢School's Gr¢en Team h&sresponsibility for assistin8 wth wlleciing recycling of paper. wdboard and pla￿1¢ bottles. Building on the of previous years. in 2019-2020, the Green Team's key focus was on air pollution in London. In September 2019, the team launched 'Project Pollution, a whole4¢hool initiative, aiming io raise awareness of ihe impact5 of car use in London. reduce ¢arpolluiion and traffi¢ around our school. prornote alternative and more susiainabl¢ methods of travelling to school aThJ improwe the health ond well-being of our communiry. The project Wds delivered in the forn) of whole-5chool assernblie5. forn) time ￿sSIo[k$ and weekly emails. As part of the proje¢i. siudenis were able to earn 'Gr¢en Points. for sustainable aaions, like raking public transport. walking or cycling to Khool all week. In March 2020, Ihe Green Team al￿ helped organise a number of '¢nvironmental wellb¢ing' ¢V¢DlS &5 part of ihe School's Challenge Your Limits Week. Event5 included a Smoothie Bike Challenge wher¢ stud¢nts were abl¢ io use pedal-wwEr to produce hEalihy snb)oihies while also raising money forcharlie Waller Memorial Charily. The Green Team a150 raised awarertess of the environmenthl impart of our food ehoices by WOTking *ith the catering team to display the carbon footprint of the week's menu. In addiiion, the Green Team facilitated a rdnge of form time debates across the School on issu¢s such as banning flight& priyate car use in London and red m¢aL Furthermore. in 2019-2020. the Green Team engaged with a new London Eco-schools NetMOTk. Combining staff and siud¢nts from a rdnge of London schools. Itl November 2019. studeni membersof the Green Team were able to atte[￿ 2 conference to discuss environmenial issues and hear frorn climate aciivisi The next Eco-schools Network conference with staff and siudents was due to be held at Godolphin and Latymeron Monday 23rd March 2020. with ¢xternal speakers from Gtki and Rain Umbrella. Unfortunately. the event was cancelled due to Covid-19 bui we h¢)pe io rearrdn8e for 2020-2021. In Autumn 2020, ¢he Green Team will be re51ructured and rebranded to become the Susiainabiliiy Committe¢. made up of membets from multiple year groups and engaging with 5tsff from the whole school ¢ommuni(y. The aim for the n¢w cOM￿lItee is for teams of stsff and Siud¢n¢s to work on a number of projects in order to have a more sustaithed, long-term impxl on improvin8 Sustainability ai the School and in the widercommunity over the next ftw years. The arts, languages and sport Aside from the academic resulrs the year again been one of corfinued activity in Music, Ary the scien¢e¥ DTama, languages and Sport. The School provides an enri¢hing PTogramm¢ of edlhcational visits utilising ihe resouttes of London e.g. Kew. British Museum. National Gallery and those further afield irKluding a range of lin8UiStic and cultural ex¢hanges. The girls continue to participate in an exciting range of musical and drnma perforniance5 performed and produced by girls of all a8es. Sport The Physical Education progrdrnme provides over 440 fixtures in 13 sports a¢ross rhe a¢ad¢mi¢ year. which iThcorporaies 78 teams with up 10 50 weekly squad practices and clubs x¢essible io all the girls. The ran8e of 5POrts available in both the Lower and Middle School has been increased and GCSE Physical Education is an estsblished part of the Cu￿1c￿lum. In addilion to the more established team 5POrt5 Such as Tthall. h(*key. cricket, tennis and rhe PE programme includes athldics, yoga, fen¢in& gymnasii¢s b&%ketball. pilate5. rock climbin& trampolinin& kick-boxing, karate, stren￿h and condilionirtg. football and dance. Girls play against both independent 8Th1 maintsined schools and the School's standards in th¢ major ttatn sports remain very high with regular represenwion ￿ couniy and regional level. In June 2020 we were 5hortlisted for the Independent Schools of ihe Year Sporting Achievement. The aim of the PE depanment LS to provide opportunity and choice for all girls whether supporting ouistanding perfomances in n81ional compeiiiions or enabling a single girl to participate in herch05en hobby. The ernphlsis is on partjcipaiion and we currently run 12 netball teams for both ihe U12113. whilst siill maintsining four teams ￿ ihe senior levtl. In hockey we have six team5 in U12113 and two irt all other year group& such ihat every girl received the OPPOrnLniiy to Compete. In rowing* the pro8fdmrne ha5 expanded enormously and thc J14 now row of Fulham Rea¢h with ihe rest of the boat Club usin8 the fa¢ililie5 at the Kin8'5 College School boat hou￿. 14 THE GODOLPHIN AND LATYMER SCHOOL REPORT OF THE SOLE TRVSTEE (e•ttiitiued) FOR THE YEAR ENDED 31 AUGUST 2020 Sporting achievements 2019-2020 Netball Sister n Sport {SnSI national eornpetition for U12-19 U12 4ih round Sns ¢up U13 3rd round Sns ¢up U14 5ih round Sns cup, Middlesex Finalists U15 2nd round Sns cup. Middlesex Finalisr5 U16 finalists Sns cup. Middlesex Firtalists. ffgional finalists of Naiional S¢lM)oIs U19 quaner finalists Sns cup, Middlesex Finalists, regional finalists of W￿l0nal khools H(bckey U12 Middlesex semi finalists U13 ISHC Plate in 5emi-finalLSt& Middlesex bronze medalists U14 Middlesex ¢hampions. resional finali51S U15 ISHC semi finalists U16 Middlesex champions indoor south finalists U19 ISHC quarter finalisis Footb*ll U18 Indth)r champions * the Si Paul's Girls. School wimament Rowlng Alex Riddel Webster- I lth at GB J18 trials and gold medalisi IN J18W Sculling Head Aurelia Ellioi 2nd at GB J18 trials Caroline Corrigan - in 100 at GB irials Athletic5 U12 indoor athletics tK)mugh champions. rwonal firdists U13 indoor athl¢ti¢s iKTrrough ¢hampion5. rryonal fi[￿115￿ Cr055 Country U13 Millie Seaton won the HarnmeTsmith & Fulham cmss couniry championships and qualified for ihe mini marathon long with Siena Lepine and Maya Sutaria U15 Kate Price. Sasha Meullar and Louis¢ Math¢ux qualified for the mini mardthon U18 Izty Fran￿ ￿me 3rd at Harrow Ski T¢9 British kh¢)ol Girls. Races- A team 2nd ov¢rall D8nte Advanced dance group won Hdmmersmith & Fulham comwiiion and represented borough in L YG finals Won Hammersmith & Fulham KS3 cornpetition Cricket U12 runners up ai London klM)ols' U13 Middlesex champion5. regional finalists UIS Middlesex champion$, r¢gional finalists FenclAg U13 A British Schools, Team Champions and U13 B bronze medalists U15 silver medalists at Brit15h khools. Team Championships 15 THE GODOLPHIN AND LATYMER SCHOOL REPORT OF THE SOLE TRUSTEE (tontiDwtd) FOR THE YEAR ENDED31 AUGUST2112 Rowing Overdll the club had 70 Tegist¢red roThtts from Years 9 10 the Upper SixtlL J14s Gold arNI silver in 8x at Putney Town Rega National S¢hools Re8atta.' 8th f&stest in the UK- Ball Cup Souih Championships= 6th ovuall in 4x- Silver medal in ihe J14 lx. J15s Ball Cup Souih Championships-. Bronze in WJ18 4 and 5 in J15 single 6th in WJl544 Wallingford Head ofRiver.' WJ15 2" Teddington Head of River: WJ15 4x 1st and 4". Kingston Head of River.. Isi in WJ16 eights ev¢nt- Hammersmith Head.. 5th in the WJ15 eights eveni and I lth WJ15 qu￿5 event: Ban￿$ and Monlak¢ r¢8atta: 2nd WJ15 4+ J16s National Fours Head of the River= WJ16 4* *. Wallingford Head of River- WJ16 4+ 3 Kin85ton Head of River.. WJ16 4+ 2 National Schools Re8atta-. WJ16 4+ 6th overnll; Head of ihe Charl¢s Head ofthe River.. Two J16s represented the SCI￿01 in ihe Schools 8. Seniors. Head of the Charles Regatta Boston: 58th lout of 85 iniernaiional & 46th {out of 84 internaiionaS crew$k T¢ddington He8d= J18 4- 3rd. J18 4+ 1st tnd 2 Kingsion H¢ad of the River.. WJ18 8 2- National Schools Regalla.. 6th WJ18 4-. WJ184+ 5": Wallingford Regatta.. 3rd in W4+- Reading Amateur Regatta.. 2nd WJ18 4+. Indivldual girls. sportiDg ichievements •Dd 5eltttioDS: Fencing, England ieam: Tennis, in top 100 UI4- Crickd and hockey, Surrey U 16. Hockey. Surrey U14: Hockey Ul 6 Middlesex. Hockey. Ul 6 Surrey. part of England Hockey Futurts Cup aThJ noMin￿ed for England Hockey U18 N￿lonal Ag¢ Group Squads: Six pupils have been selected &5 netball. re8ional player5.' Two pupils have been seleci¢d for ndball, Middlesex U IS- Netball. Surrey Ul3: Table tennis. one pupil is playing at the women's national ioumamenL Rowing GB JW4. on¢ pupil carne th¢ Junior World Championships. Dram* Whilst Drama is laught within the curriculum across all year 8roups there are an exciting range of dramatic and theatrical experiences on offer for all girts Ixyond the classroom. Girls can a¢L PTodu¢e, ¢horeograph. direa or n]n the technieal aspeeis of a range of productions. All Year 7 girls participate in the besp)ke Christmas production. ￿VIng a flavour of th¢ Ih¢atre. Ai th¢ ¢nd of ihe year the iA)wer School production {Year5 8 and 9K of High School.1tssical, proved to be a Succe￿ with a maxamum capacily audience of 280 each night. The production w&$ a triumph. with 88 8ir15 perfonning wonderfully. along Wlth a tech crew of10. This production is inclusive. meaning ir offer5 8nyon¢ in Year 8 or 9 a part; girls audition for lead or chorus roles from within the )￿l￿S1Ve ensemble. 16 THE GODOLPHIN AND LATYMERSCHOOL REPORT OF THE SOLE TRVSTEE leontinued) FOR THE YEAR ENDED 31 AUGUST 2020 The School Production Wds a musical this year and was a wond¢rfvl p¢rforntsnce of Little Shop of Horror& This was ope to all Year 8 and above and w&s a large-scale pr(yJudion perfornKd on a w akin io the West End. Student theatre captains dirttied and produ¢ed -Di8by Delorium's The*Te Emporium"; this performance was a promenade style. Meaning the audience walked around the performance space and remain stood for the duration of the perfom)an¢< as the action took place. The technical aspects of ihe prLKluaions are run by the gtrls in Tech Club. There is no audiiion proc¢5s for orew role5, and 8ir15 can join Tech Club if they wantio b¢a partof the 5tagecrew' il is a w¢ekly club run by our Perforniing ArtsTechnician and the Tethnical Theatre Captains. The girls learn how to run the performance £￿tr¢, with focus on lighting, sound, sta8¢ managem¢Thi. set and prop desi8n, arwj costume design. Club members becorne the crew on all of the School's productions. Music Th¢ Autumn Temi showcased a variety of musical events with perfortnances from soloisis. Sm￿1 ensembles, our %hool orchestra and ehoirs. The Senior House Music Fesiival enabled our senior musiciar15 10 win points for their houses, and The Autumn Con¢¢n displayed all of our instnlmenial ensembles and ¢lK)iTS. Charlotte Wan's (Year 121 performance of Mozart's 'Flute Concerto. was a parti¢ular hi8hli8ht. The Year 8$ had a memorable experience at the Royal Albert Hall when they performed in a Notional Youth 'Messiah from Scratch. concerL and the Scholars. Conc¢rt ¢elebrated our dedicated group of musi¢ scholars. The Year Ts off¢red musical talent to the Year 7 CIErisimas Play, 'Wonka', aod carol singing w85 enjoyed by elderly guests at the annual lea party. Chrisimas Bazgar. Brackenbury Residents ASsoci￿10n and Fesiival ofcarols. OnE of t￿ highlights of ihe Spring Terni was our Joint Schools, Concert with Latymer Upperand The Johanneum School of Hamburg. This was a real Celebration of young swdents coming together from different backgrounds through the wonderful medium of music in our B1$￿)p Cenire. As part of our School Birthday celebratkons {this year in Febn￿ryI, the Chamber Choirs performed an origina] piece of music S￿l811Y wrill¢n for them by our resident Corn￿Ser. Misg Briggs. The whole school production of 'Little Sknp of HoTrors' was a Celebrntion of musi¢ and drama, and our Lower School Production Casi enjoyed a irip io see 'Mary Poppins,. Despite [￿1 bein8 ablc lo perftsmi Rutter's 'Gloria' for the Sprin8 Choral Con¢ert,temi ended with adelight￿l'wOMens, Piano Recital which showtased important performances by female COM￿Ser$. The developments of the Summer Terni encouraged our ommuniiy to adapt in new ways and, whilst we were not able io make music iogrfh¢r wider one roof. the department cont¥nuEd to flourish creatively. Individual musi¢ lessons thrived remotcly as peripatetic staff were able io tea¢h vinuajly. The Junior HoLLse Music Festival Wds a fabulous live event streamed via Google Meets. allo￿ng the Godolphin and Larym¢r community to 'tune in, to solo and ensemble perforniances from 8ir15 in Year5 7 to 9. Ihjr lunchtime rt¢l￿1 series continued virtually and has been Wdrnily received by the Godolphin and Larymer eommunity with approximately 10.000 plays on s￿nd¢lOud, and the Music Departm¢nt pul together a concert'preseniaiion. to c¢lebrai¢ the musical achievements of the year. Higher Education xod Carters The Hi8her Education department Works assiduously io broaden girls. experienc¢ of ih¢ world of work and to equip them with knowledge. Skills and confidenee. Tailored progr8mmes and thrgrted advice for individuals are provided at erucial POlnf5 during 8irls' time in the school and ensuring that e&h girl cart make irhfomed decisions aboui her fuiur¢ beyond scho)l. Staff specialist5 have extensive expertise in appllcations beyond the UK, particularly the US and Canada. art foundation, medieal. veierinary and Oxford and Cambridge applicaiions as well 25 apprentittship and internship opw>rtunities and we aim io give 8ir15 eonsidering altcrnative pathways the best P055ible curreni advice and guidan¢¢. We often host r¢pTeseDlatives of oveTsea5 iThMiiUtions who give advice on admissions to our pupils and those from other schools where possible. By ¢siablishinga strong rdPPOrt withthe8ir15. staff kecp trdck oftheir interests and aimsthrough regular m¢etin8S. The Sixth Fom Higher Education and Careers programm¢ is ¢xtr¢m¢ly varied and frnely tuned. This rneludes biennial events such os the 21st Century Careers Fair, and ihe Undis¢overed Subjects Taster Day. when Godolphin and other locai students attend lectures by university repreSen￿liVeS on subjects beyond our S¢h¢)ol ¢urTi¢ulum. for example, Ar¢hiteciur¢ or Psychology. We also have an annual Hi8her Education Forum to help pupils making decisions about university ¢otsrses and also Gap Year opponuniii¢s. For iM)th pre and PO￿ qualifjcation candidate5. &s applications ar¢ prepared. university OtTets considered and accepted, fjnal academic results received and places secured. form tutors. subject teachers and senior sthff work with the Higher EdU￿10n and C8r¢¢rs department io provide individual advice and support. 17 THE GODOLPHIN AND LATYMER SCHOOL REPORT OF THE SOLE TRUSTEE {eothtitiued) FOR THE YEAR ENDED 31 AUGUST 2020 Keeping in touch with girls through the Old t￿lphIn is a sourtt of ￿e81 satisfa¢tion 8nd rn#ny past pupils return to give the benefii of iheir experience to pupils eurrently ai the School. Sehool Trips Edu￿tIOnal vi5tls play an important part of schty)I life. Girls from every year group will participate in a number of educational visiis per academic year. either a compulsory part of the leaching and leaming programme or w an optional extra. The khool nornially nms over 140 visits ea¢h year. Due to Covid-19. the number of visiis thai look place was greatly reduced. Whol¢ y￿r group vistts organi5ed either by academic ¢Jeparlments such as the Year 8 Biology visit to London Zoo or Year 9 Geography coastal visit lo Walton on the Naze. or by the pastoral staff such as the Year 7 and Year 10 bDnding days in Sepiemb¢r, • Regular local culturaj enri¢hmenl opportunities such &8 outings to the d*atse. eorterfs, museums and sponing even¢ Residential language visits such as the long-sianding Year 10 G¢mwi ex¢han8¢, th¢ Yw 8 Study visit to Salamanca, Spain or the Sixth Fonn European Work Experien¢e initiative. Residenri81 visits offering other academic or cultural opportunities including a Sixth Fomi Geography visit to Iceland, Classics Tour of lialy, and lh¢ popular Year 9 vi5jl to the WW I battlefkeld5 of France and Belgium. Sports tours s￿h as the Ski Team anending the Bri115h Schoolgirls. Ski Races in Flaine. Senior Rowers participating in the Head of the Charles Regatta in Bosrow USA and Year 8 and 9 girls att¢Dding the Girls, Schools Associatioii Netball ¢ompetition we¢keThd in Shrewsbury. Dyke of Edinburgh Award Stherne The Duke tsf Edinburgh Award scheme is a MDnderful way to expand horizons atKI ¢halleng¢ boundaries. Thi$ year over 250 girls started the in the scheme lacross all three levels) bui ￿￿V$e ofCovid-19.. the gir15 have TK>i been able io complete their prdctice or &s5essed expcdiiioiis. It LS anticipated these will be completed during ihe Auiumn T¢mi 2020. In¢lusion is the key for Duk¢ of Edinburgh Award and girls are fully 5UPPOrted by the School. the majority of those in Year 9 undertook ihe bronze award. Clubs, Soeletles •nd Corytwrri¢¥l*r There is a full programme of extra-curricular actiwties. There are also two clubs aThJ societTres fairs at the beginning of ¢he year; on¢ for the Sixth Fomi and a 5eeond for ihe re￿ of the school. Opportunities include: Debating Musi Drama Academic societL¢5 Communiiy service Over 40 club5 and societics from Wild Aspirations io Worldwse Club aThJ Jurtior Writers io ihe History So¢ieiy tak¢ place OTh a weekly basis and the majority of them are or8anised and run by the 8irls. for the 8irls. with the support of staff. It was heartenin8 to see that. as we went into the virtual world of remote education. staff and girls thought inventively about what Ihey could provide through the iPad. We rdn over 30 different clubs and societies Virtually. perhaps the most popular of which was 'Novic¢ Baker. run by a member of the PE depanmenL li was ￿50 heartening io hear of the good deeds in the community that many of the girls ulldertook. B¢yond these activitie& th¢ house syst¢m also provides a 8rtst rdn8e of extra-curricular activity from Droma and Music io Dance and quoii throwing lamon8$1 others). We hope ihai thi5 wide rdn8¢ of opportllniti¢s will allow each pupil the chance to develop personally in such a way she wll become a confid¢ni. respoDsibl¢ and r¢sili¢ni young woman. Girls are actively encouraged io participate a¢)d, to exten( are awiited in the first half iem) of a new academi¢ year. This 15 carried out by the completion of a gjrvey where rcsults are collated into individual r¢5pon5e5 and f￿ back to fonn iuiors 50 that dialogue can be orKned with a girl if the 15 over or undtr committed. The house systern #Iso h&8 a scheme of leadership in place such that the five girls per house who #re members Of their resptctiye house captains. team refleci uFrf)n their leadership and this leadcrship is supported by a pro8rwnme of suprrf)rt in learning and irnprovins a leader. As w¢ went into the virtual world w¢ adapted io offer a range ofvirtuai hous¢ ¢venis. 18 THE GODOLPHIN AND LATYMERSCHOOL REPORT OF THE SOLE TRUSTEE (tontiAied) FOR THE YEAR EI¥DED 31 AUGUST 2020 FUTURE PLANS For 2020-2021 the School will have a spe¢ifi¢ on reblhildingand r¢inte8ratiThg siudet)is at)d suff b￿k inio s¢h(x)I life in ihe building, post lo¢kdown. We hav¢ ideniified specific whole xth)ol priorities based on the principles of ¢onfiden¢c, community and embracing challenge. The School will make sure that pupils continue to be educated to a high standard, through ambitious and illnovaiive teaching and I￿rning10 best equip and inspire our pupils to flourish in the outside world. In addition. the School wll continue to provide excelleni wtordl care that supports pupil wellbeing and the personal developm¢nt of ¢￿h indivjdll￿ pupil. We will make sure our approach io pasioyal care is mindful of the potential effe¢is of lockdown on pupils. personal development. We are seeking to develop further opportunities for pupils to gain a slron8 underswiding of lh¢ imponance of rnaking ethical choices which result in them having a positive impact on the ¢ommuniry in which ihey live. For example, next year'schallenge Your Limiis week wll focus on ihe theme ofdoing ihe righi thin& We will explore the principle of ethical Choices from a wide variety of angles ineluding examining charitable and ethic￿ enterprise. sustainability and healthy living. We will a150 be exarnining key s(Kial principles such diversity and inclusivity during ihis week. OUT Head Girls Team will support this work on diversity and inclusivity by workin8 Wjth ihe School Council to set up a student and staff DLversLty Committee. The Social Impact programm¢ will laun¢h for ihe third year rnnning in November 2020. 2019-2020 sawthe launch of our Bridge acadernic enrichrnetrt progrdmrne for Year S gir15 and boys from prim8ry schools in the local area. The prograrnme involve5 44 school children, ￿minated by iheir Head Tea¢h¢rs, coming io Godolphin and Latymer on one Saturday every month frorn January through to De¢ember. There is a ioial of twelve session& taught by Godolphin and Latymer teachers, with each session ¢ottsisiing of Maihs, English. and other lessorts or activities on rotation. such as History. Geogrdphy. Music or deb￿]llg. In addiiion, there are two wttks of booster sessions that have been offer¢d.' one * the end of th¢ Summer ￿)lidaYS and anotherduring Autumn Half Term. The programme also prowde% support and guidance for parents who are considering applyirtg for a bursary for their child. The aim of the Bridg¢ progrdrnme 15, first and foremost. to provide academic enrichment for brighi boys and girls from disadvaniaged families. The pro8fdrnme has continued throughou¢ ihe lo¢kdown period and pupils have continued to en8age with their learning. Lower Sixth G¢xlolphin studenis have provided invaluable leaming support for teacher5 and the pro8ramrne has Teceived SUPkX)rt amongst pupils sthff and wider community. The summer boosfer sessions are now complete and they offered pupils EnglisK ￿aSOnIng and Maths tutorin& all of which was delivered by Keystone Tutors. Throu8hout the week Tuiors also held ontrioaone mock interviews with students and advisory calls to parenis, which gave t￿M an op]x)rtunity to 35k any qucstions they had about applyin8 to independent hoo15. Based on a suryey handed out at the beginning of summer. of th£ 44 studen15. 21 have said they are definitely applyiDg for selective independent school& other5 &sked questions in the advisory ￿]1$ abo￿ grammarschool options. We have already had ihree girls apply to Godolphin and Latymer. wilh nin¢ othets saying that ihey will apply. It is thanks io the 5UPPOrt of our community that the progrdmme will Tun ai double the capacity in 2020.2021. ertabling around 90 pupils to access the outstandin8 academic ¢nrichm¢ni provided by the programme. A new alumnae engagement programme implemenied in the Autumn Tern 2019 and 3.383 individuals in the Old Dolphin community are currently engaged with the School. The alumnae community is thriving and Old Dolphin aciiviiy enriches school life. Old Dolphins regularly coniribui¢ 10 the Careers Programme providing expert industry insight as well as other school inTtiatives includiTh8 Modern Foreign Languages Week Mini m￿lca] Interview Prdctice and the Hightt Education Talking Head5 Series. By partnering alumnae and recent graduate5 With Godolphin Sixth Former4 we hope to provide mentoring and neNoTking opportunities for students in the coming year. We look forward to welcomin8 Old Dolphin5 to a Years 7 to 9 Leadership Workshop and Lifr After University Q&A in the Auiumn Temi, as well as ihe 2020- 2021 Challenge your Limits Week. To eelebrdie th¢ swce5s of the S¢hool's diverse Old Dolphins. some particularly impressive individua15' Stories are bein8 cel¢braied across lh¢ ￿1￿1.$ social media platfomis- th¢y will be further promoted on the new alumnae websit¢ page from Sep*mbeT 2020. Owing io the School's ¢oniinued ambiiion to increase the bursary provision. and io the financial impact the pandemic has had on Godolphin and L*ymer families, the 2020-21 Annual Fund will focu5 solely on raising income for the bursary programme. With fht 2019-2020 Annual Fund se￿ing a new pr¢¢¢d¢ni (rnising irt excess of £375.0001. in 2020-2021 ihe focus wkll be to cor1515tently increase the Annua] Fund revenue from its previous £150.OC4) target. Work io strengthen ihe School's donor pipeline over the next year will be vital to ensure the success of any future capital requirements. 19 THE GODOLPHIN AND LATYMER SCHOOL REPORT OF THE SOLE TRUSTEE (tontlnued) FOR THE YEAR ENDED31 AUGUST 2•20 On I Semember 2020. the G(xiolphin and Latymer School Foundation merg¢d with Redcliffe School based in Chelsea. On a day-to.day basis, lh¢ iwo %h¢)015 will continue to operdte separnely, Red¢liff¢ *s a well-established COkneduca(ional pr¢p School artd Godolphin and Latymer 8$ a l¢adin8 academically selective secothdary school. Going forward. Godolphirt and Latymer will give support io Red¢liff¢ S¢hool to ¢Thable il to grow and devrlop with a panicular focus on wider opponuniii¢s for the child￿￿ and a Shard culiurt of leaching and learnin8 and staff devclopment. In 2020-2021, the S¢hool wtll ￿ntinUe to progress its Strategies surrounding widening aceess investigating ￿dItional income streams and further improving our facilities. For the n¢xi acadernic year. the Schty)I will focus on finalising the details of the next phase of the master plan of the 51te. One of ihe priorities for this developmcnt is to enhance fa¢ili¢ies for dining and for the Sixth Form. FINANCIAL REVIEW Fin#rtei81 Results The Financial Stat¢m¢nts for the year e￿Ie￿ 31 Au8USt 2020 are published with ihis report. The School had net income before invesunent gains and 105se5 durirt8 the year of £1.767.32612019.. £1,092,956}. aft¢r providing for depreciation of £616.355 (2019: £627,879). Of this SUTplus £2,205.229 was attributable to UnresiTiCted Funds 12019.. £1,535,593) and £(5290) to restric*d fu￿]$ {2019.. £9,422). £432,613 d¢pre¢iation expenditure was allocated again51 the Endowmeni Fund in ihe year {2019.. £433.2151. Net investment losses attributable io R¢stTi¢t¢d Funds, were q8.488112019'. £448 gain), giwng an overall surplu5 of £1.758,838 (2019-. £1.093.4041. The Governors have identified that coniinuing surpluses will be required if investment in the School's activities and faciliiies is io be mainiain¢d. and fee increases in the ¢urreni year. which wniinue io be reviewed annually. are intended to support ihis objective. The Governors have identified the financial risksposed by ihe Coronavin￿ pandemic and have8 proce5$ Ln p18ce io continue to monitor those risks in order to ensure business coniiDUiry in a rapidly changing ttonomic latmlscape. The School has generdled a g¢)od outcome for 2019-2020 2nd remains financially resilieni in ihese difficult times. There 15 a requirement io continue ¢0 in¢reas¢ ihe level of reserves. ouilined below. Res¢rves Polity The Govemors regularly review the kvel and nature of the reserv¢ funds of the sch￿[. Funds held at the year end ￿re s follows= Unresiri¢t¢d general fi￿d$.. Designaied funds (Annua] Fundl- Restricted funds.. EndowTnent fund: £9252.935 £777,634 £120,793 £11.812.080 Unresirieted Funds are held primarily to provide the funds for major developmeni projects and oih¢r fix¢d asset expendiiure. The ￿h0o1 plans io ¢oniiDU¢ ihi5 invesiment whilst ai the same time. managing its cash flow needs. The Restricted FuThJs are held prim￿llY io provide bursaries and prizes. Fund5 fd15ed throu8h Annual Fund (Designated) are expemled ¢ompl¢*ly, Mrnially durin8 the following financial year. In previous years the School has invested substantial sums in school buildings. In furtherance of ihos¢ development prOJ￿ts, most of those unrestricted generdl funds are invested in fixed a￿t$. At the 2020 finat)¢ial year end free reserves were £3.802.60912019.. £2.638.615). This value is in line with ihe Governors. stratrgy io build res¢rv¢s in order io fijnd ihe n¢xi stage of the School's buildin8 improvements pro8ramme. M8nggemenl of Investments The Governor$ have apw)inted Quilter Cheviotas Invellment Managers. The investment policy is io produce a predictable level of incorne frorn a low-mcdium risk portfolio invested in equities, cash and fixed iniere4 Mocks, 50 a5 lo provide in¢ome to furtd sehool prizes. The Governots receive qtsarterly rew>rts from ihe Invesrmeni Managers, and ¢onsider that perfonnance in the 2019-2020 year ha5 been satisfactory. 20 THE GODOLPHIN AND LATYMERSCHOOL REPORT OF THE SOLE TRUSTEE (coTrtim•¢d) FOR THE YEAR ENDED31 AUGUST 2020 Fllndr8i$ing PT*Ctite5 8nd perform*Dce The governors are aware of the Charities {Proteetion athd Socia] Invellmentl Act 2016 and reeognise the importance of meetin8 the hi8hesl standards of prdctiee and care in relation to fundrnising aclivitie5. The School has 5i8ned up to the fijndraising Code of Pfdetice and h&s voluntarily re8lStered with the Fundraisin8 Preference Service IFPSI. The School is a membei of the Insiitute of Development Professionals in Eduuiion and the Council for Advancement and Support of Education. The School only raises funds from Old Dolphins. pamii% sthff and ihose with a personal connection to the school and does not undertake fundraising Ca￿Paign5 io members of the public. The School considers ihe origin of unsoli¢it¢d donations aTKI legacies. The School does share or purchase at)y donordats wilh or from third parties. In 20]￿2020 the School did noi engage with inde￿ndent professional fundraisers. In 201￿2020 the School did not reccive any complhints in relation to fundraising or raise any rnatter with regulators. StAttmeDt of TTllStee's Responsibilities ThE Governor% as Directots of thr Godolphin and Latymer School Foundation. acknowled8e on its behalf. as the School's Sole Trustee. its rewnsibilities for maintaining accounting records and PTtparing financial statements as set out below. Charity law requires thE &)le Trustee to prepare financial statements each fI￿￿la[ year which giv¢ a true and fair view of lh¢ sthi¢of affairs ofih¢ charity and ofthe incoming resources and application of its resources forthatperiod. In preparing those finaTKial Statemen￿ the Tru4ee is rEguirEd to.. select Suitable aecounting policie5 aTKI then apply them consi5knrt1y' obse￿¢ th¢ methods and prit)ciples ofihe Chariiies SORP. make judsernents and estitnates that are re&sonable and pnmlent; 5tste whether applicable aceounting sondards have tten follorf subj￿1 io any makrial departU￿S disclosed and explained in Ihe financial statements. prepare the financial statcments on ihe Boing corKern b&sis unless it is i￿pproprI*¢ to pffsum¢ that ihe ¢harity will continue in 0￿ratIOn. The Sole Trustee is ]rsponsible forkeeping properaccountin8records which disclose with re&sonabl¢ a¢cura¢y at any time the flnancial position of the charity. and to enable them io ensure ih81 the financial statements comply with ihe Charities Act 2011. the Charity (Accounis atMI R¢ponsl Regulations 2(X>8 and the provisions of the School's trust deed. li is also responsible for safe8uardin8 the assets of the charity and hen¢e fortakin8 reasonable Meps for the prevention and d¢te¢tion of fraud and other irregularities. The trusiees are responsible for the maintenance and inte￿ty of the eharity and financial infornation inclLMled on the charity's website in accordance with legisl￿10￿ in the United Ktn8dom governin8 the prepwrntion and dissemination of financi21 statements. Signed on behalf of the Sole Tnts*e. Mrs A J Paines Chair Date.. 3 December 2020 21 REPORT OF THE INDEPENDENT AUDITORS, TO THE TRUSTEE OF THE GODOLPHIN AND LATYMER SCHOOL OpiJi5on W¢ hav¢ audited the financial statern¢nts of Th¢ Gtrjolphin and tAymer Scknol for the yearended 31 Au8us¢ 2020 which ¢ompTise the Statement of Financial Activities. the Balance ShceL the Staitment of Cash Flows and notes io the fiiiaiiCLal statements. including a summary of significant accounting policies. The financial reporting framework that has betn applied in their preparation is applicable law and United Kin8dorn AccountiTi8 Stsndards. including Financial Reporting Standard 102 The FiJvapKi¢Jl ReKwiing&anthrdappli¢able in ihe UA andR¢publi¢ oflrelaMIIUnit¢d Kingdom G¢nernlly Accepted A¢¢ouniing Pr￿¢1¢¢). In our opinion. the financial 51atements= give airue and fair viewofihe swe ofthe charity's affairs as at 31 2020aThJ ofthe charity's net movement in funds for the year then ended. have been properly prepared in accordance with United Kingdom Generally Accept¢d Acwuntin8 Pradi¢¢: 8nd have been prepared in a¢cord￿¢ with the requirements of the Charitie5 A¢t 2011. Basis for opinio We have been appointed as audsttsT under section 144 of the Charities Act 2011 and r¢w>rt in accordanrx with the Act and relevani regularions made or having ¢ffe¢t ihereund¢r. We condulled our aydii in accordance with International Standards on Auditing (UK) IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial 5talcTnents ￿ctIon of our report. We are independent of the charity in accordance with the ethical requirernentS that are relevant to our audit of the fLnancÈal statemenis in the UK. includin8 the FRC'S Ethical Standard. and we have fulfilled our oiher •hical re5ponsibiliii¢s in accordance wilh ihe5¢ requiremenis. W¢ believe rhat ihe audir evidence we have obtained is suificient and appropriate ￿ provide a basis for our opinion. R¢5p0Dsibiliti￿ of trnsle¢ for tl¢ fiDinci41 st•t¢m¢nts A5 explained more fully in the Ststement of Trustee's R¢5ponsibilities on page 18 ihe trustee is responsible for ihe preparation of the financial staiemenis and for being saiisfjed lh* they give a true and fair view. and for such internal control as the iNsiee deterniine is necessary to enable the preparntion of finaTKial statemenls that are free from material misstaiemeni, whether due to fraud or error. In preparin8 the flnancial statement& the trustee is resp)n5ibie for assessing the Charity's abiliiy to continue as a going concern. disclosing. as applicable, matters related ￿ going concem atx4 using the going Concern basis of a¢¢ountirt8 unless the tnjstee either intend to liquid￿¢ the ¢harity or io ¢ease operation& or have no TeAlishc alttmative but to do so. Auditor's responsibilitie5 for th¢ 8udit of th¢ fin*D¢ixl $txt¢m¢nts Our tsbjective5 are to obtain re2sonable ￿surance about whether ihe fJtwi¢ial starements as a whole are free from material misstatement. whetherdue to frdud ortrror. and to issue an auditor'5reporlthat includ¢souropinion. Reasonable assurance is a hi8h level of assurance. but is not a gu8rant¢e (hai an audit conduued in accordance with ISAS (UK) wll always deie¢t a maieria] missthtement when it exists. Misststement5 ¢an arise from fraud or ernTrr and are ¢onsidered maierial if. individually or in the aggregate. they ¢￿Id re950nably be expectrd io intluence the economic decision5 of users taken on the ba515 of these financial staternent5. A further de5¢ription of our responsibiliiies for the audii of the financial sthtements is located on the Financial Reportlll8 CoLLncil'5 websi1¢ ai.. INVW This description fornis prt of our auditor's report. Contlusion5 rel8tlD¥ to ZOiDg We haye nothing to report in reswof the foliowin8matters in relation to which the ISAS IUKI require lis to report io you wher¢'. the trnstee's use of the going concem basis of accounting iTh the preparation of the financial starements is not appropriate. or the trustee has not di%los¢d in the financial ststrments atly identified material uncertainties that may cast signifjcant doubi aEoui the Charity's ability io continue to adopt thegoing concern b&sis of ac¢ounting for a period of at least twelve monihs from the date when the financial statements are authorised for issue. ## **REPORT OF THE INDEPENDENT AUDITORS’ TO THE TRUSTEE OF THE GODOLPHIN AND LATYMER SCHOOL** ## **Other information** The trustee is responsible for the other information. The other information comprises the information included in the Report of the Sole Trustee. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. ## **Matters on which we are required to report by exception** We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion: - adequate accounting records have not been kept by the charity; or - sufficient accounting records have not been kept; or - the charity financial statements are not in agreement with the accounting records and returns; or - we have not received all the information and explanations we require for our audit. ## **Use of our report** This report is made solely to the charity’s trustee, as a body, in accordance with section 144 of the Charities Act 2011 and regulations made under section 154 of that Act. Our audit work has been undertaken so that we might state to the charity's trustee 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 charity’s trustee as a body for our audit work, for this report, or for the opinions we have formed. Haysmacintyre LLP 10 Queen Street Place Statutory Auditors London EC4R 1AG 7 January ………………………………….. 2021 Haysmacintyre LLP is eligible to act as auditor in terms of section 1212 of the Companies Act 2006. 23 THE GOiK)LPHIN AND LATYMERSCHOOL STATEMENT OF FINANCIAL AcfiviTILS FOR THE YEAR ENDED 31 AUGUST2020 ￿n￿StrICted E•dowment R¢Jtrict Funds Fund Funds Total funds 2020 2019 INCOME AND ENDOWMENTS Note FROM: Chariiable Aciiviiies: Nei fees receivable Other educational ineome 16.7W.(V97 1,104,735 16.79M).097 1,104,735 16,251,212 1.210.623 Inv¢stmenis Donaiions and legacies Grants 25,991 395.877 127.420 4.210 170.670 30.201 566.547 127,420 38.652 554.394 Tot81 Infom¢ 18,444,120 174,880 I8,619,(K￿) 18,054,881 EXPENDITURE ON: ChaTLtable Activities 16,238.891 432,613 180,170 16,851.674 16,961.925 TotAI Expettditure 16238.891 431613 180.170 16.851,674 16,961.925 N¢t incom¢l(eKp¢nditMre) Ixfore investment gaiD$ 2205229 (4316131 (S.2￿) 1.767.326 1.092.956 Investm¢nt Ilossllgain 18.488) {8,488} 448 Net intomtl(¢xpemditMrt) Ixfore tr•Dsfe 2205229 (432.613) 113.7781 1.758,838 1,093,404 Transf¢rs 14 1676.876) 676,876 Nrt rnovement in funds l J28J53 244263 (13.778) 1,758.838 1.093.404 Total funds broughi fonvard I September 2019 8,501216 11,567,817 134.571 20.204.604 19.111,200 Total funds c*rrled forward at 31 August 2020 14 £10.030J69 £11.812,080 £120.793 £21,963.442 £20.204,604 The ￿COmpanY)￿B notes form part of these financial sth*men Full compaNives for 2019 are sh)wn in 20. 24 THE GODOLPHIN AND LATYMER SCHOOL BALANCE SHEET ASAT 31 AUGUST 2020 2020 2019 Notes FIXED ASSETS Tan8ible fixed assets Invcstments 20,519,282 116.561 21,089,640 125,049 20,635,843 21.214,689 CURRENT ASSETS Debtor5 Cash and cash equivalents io 297.329 7.111982 195,033 5,117.942 7.410.311 5.312.975 CREDITORS: amounts fa]liTh8 due within one year 13J03,6321 (3,038,504) NET CURRENT ASSETS 3.906.679 2.274.471 TOTAL ASSETS LESS CURRENT LIABILITIES 24.542.522 23,489,160 CREDITORS: amount5 falling due after more shan on¢ year 12 {2.579,080) {3,284,5561 TOTAL NET ASSETS 13 £21,963.442 £20.204.604 UNRESTRICTED FUNDS General - Elizabeth Godolphin Fund Designated Fund- Annual FUTh 14 14 9252,935 777.634 8,226,684 275,532 RESTRICTED FUNDS Prize Fund Elizabeth Crane Fund 14 14 105,126 15,667 118.9)4 15.667 ENDOWMENT FUND 14 11,812.080 11,567.817 TOTAL FUNDS £21,963,442 £20.204.604 The finaKial sts*meMS wer¢ approved and authorised for issue by th¢ Governors on3 De(embei2020 and were signed below on its behalf by.. MTS A J Paine5 Chair Chair o Inance. Au It and lThvesttncnt Cornmittee The accompanying notes fomi part of these financi￿ stsiements. 25 THE GODOLPHIN AND LATYMER SCHOOL STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2020 2020 2019 Note e*sh inflow from operntit)MS: Net cash provided by op¢r4tions 2.933.837 1.610,221 Cash flows from ithvesting *ctivi¢iu: Income from investmenis Interest received Paym¢nt5 to acquire tanghble fixed assets 4,210 25.991 145.9971 4,779 33.873 1231.4071 Net fash used in investing ¥ctiviti (15.P)6) {1￿..755) C•$h flows from financing •rtivi¢i¢s: Finance Costs Bank loan repaym¢nts BuT5ary loan ￿paYMents 1246,1251 1426,8761 (250.0001 (285,695) {394,1991 (250.0(K)I Net cash used in fin••¢ing •¢tiviti¢s (923.0011 {929.8941 Change in cash and cash equiv*lent5 ill the re￿rtIng ptri 1,995,040 487.572 Net ￿sh and ¢￿h equivalents at beginning of period 5,117.942 4.630,370 Nffl ￿$h and c&sh equivalent5 at end of PEfiLNI £7.112.982 £5,117,942 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH INFiL)W FROM OPERATIONS 21120 2019 Net movement in funds Depreciaiion charyes Lossllgainl on inve51ment In¢rease in debtors Increasel{decieasel in ¢redilors lrtvesimen¢ income and interest receiv Finan¢¢ cl￿5 1.758.838 616J55 8,488 1102296} 436.528 {30.201) 246,125 1.093.404 627.879 (4481 16,2431 {351,4141 (38.6521 285.695 Net tash inllow fro￿ op¢r•tSon$ £2.933.837 £1,610,221 AIYALYSIS OF CHANGES IIY NET DEBT At I September 21119 At 31 Augtsst 2020 Other Chxn8¢S C•$hlknw3 C95h and ush tquivalents Cash Deposit &counts 457,942 4.660.0 495.040 I.5(￿.(￿￿• 952.982 6,160.000 Borrowlngs £5,117.942 £1.995,040 £7,112,982 Debt due wthin one ye Debt due after one ye4r {676,876} (3256.878) 676,876 {705,4751 705,475 1705.475) {2.551,4021 13.933.754) 676.876 13,256,878) Tot*1 £1,184,188 £2.671,916 £3.856.104 26 THE GODOLPHIN AND LATVMER SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EIYDED JI AUGUST 2020 ACCOUWTING POLICIES B8515 of Prep#r*tiort of tht Finan¢i*l St*temethts The financi21 staternents have been prepared in accordarttt with the Finartel￿ Reporting Standard applicable in the UK and Republic of Ireland {FRS1021. the Ststement of Recommended Practice applicable to charities preparing their a¢counis in a¢¢ordan¢¢ with the Financial Rerrtjrring Standard applicabl¢ in the UK and Republic of Ireland IFRS 1021 Se¢ond Ediiion. The firwi¢iai stsiemenis hav¢ been prepared io give a 'true and fair, view and have departed from the Charities (Accounts and Reports) Regulaiions 2008 ortly io the exient required ¢0 provid¢ a'true a￿1 fair view,. Thhs departure has involved following Accounting and Reporting by Chariiies preparingtheir accounts in ￿ordanCe with the Financial Reporting Standard applicable iTh the UK and Republic of Ireland {FRS 102) Second Edition rath¢r than Accounting and Reporting by Charities.. Statem¢nt of Recommended Prdctice effectiv¢ from l April 2005 which has since been w1￿1ra￿. The accounting policies set out below have been applied in preparing the financial stsiements ftlr the year ended 31 August 2020 and the comparative information presented in these financial statements for the year ended 31 August 2019. The financial 5t8t¢menis are drdwn up under the historical cosi conv¢ntion ¢xc¢pt that inve5tm¢Dts ar¢ caryi¢d ai markei value. The School is a Public Benefit Entity registered as achartty in England and Wale& it was registered in 1977 (Charity number. 312699). Golng eoNtern Having r¢vi¢wed the funding f￿111t1¢S available io the School together wtih the expected ongoing demand for places and the School's future projectEd cash flow& the Sole TTUSt¢e has a rea50nablc expectation that the School has adequate resources to continue its activities for the foresttable fvture and consider that there were no material un¢¢nainiies ov¢rth¢ School's fin￿¢la1 viabiliry. Covid-19 is nolexp￿red io have a 5igDifi￿nI impact on ihe S¢h¢)ol or its ability ￿ conrinue as a going concern. Accordingly, they coniinue io adopt the going concern basis in preparing The financial swemethi Bgsis of ¢onsolid4¢ion Con501id2ted accounts are not wepared as the subsidiary. Ben8aJe Limited. is dormant (see note 91. CrltieAI 8eCOUniing judgemettts and key 50urte5 of t￿]￿9110n uncertxinty In the applic￿lon of the ac¢ouniing poli¢ie& ihe Sole Tn￿le¢ is requiTed to make judgemertL estimates. and assumptions about the Carrying value of assets and liabilities that arc not readily apparent from other 50urce5. The estimates and underlying a55umptions are based on historical ex￿rience and other factors that are considered to relevant. Adu¥] resuhs may differ from These es1irnate5. The estimaies and underlying assumpiions are reVie￿*d on an ongoing basis. Revisions to accounting estimates are re¢ognised in the period in which the estim￿e i5 revised if th¢ rcvision aff￿1$ only that period. or in the period of the revisiort and future periods if the rewsion affected current and future periods. In the view of the Sole Trusiee. no assumptions Concerning the future or estimation uneertainty affeetirtg assets or liabilities ai the balance shtti datr are likely to result in a material adjustment io their carying amounts in the next rinan¢ial year. The following aecounting rK)IicLe5 have been applied consisienily in dealing with items which are considered materioi in rel￿1￿n to ihe School's financial swements. THE GODOLPHIN AND LATYMER SCHOOL NOTES TO THE FINANCIAL STATEMENTS (tottiillued) FOR THE YEAR ENDED 31 AUGUST 2020 ACCOUNTING POLICIES (CONTINUED) Funds The general funds of the School are represented by the Elizabeth Godolphin Fund and represent unrestricted funds expendable atihe discrnion ofihe Sol¢ TnLStre in furth¢rdThce of th¢objects ofthe charity. Desi8nated ￿ndS comprise unrestricted funds which have been sei aside by ihe Sole TnJsie¢ for a specific purpose. Resources received for Purposes specified by the donor. whdher for use as irtorne or capitsl. are c￿dited to an appropriat¢ restrifftd fund. Amounts exp¢rHled in alwr￿ with the restrictions are charged directly to the restricied fvnd. The Endowment fijnd repre5¢nt5 restrict￿ fvnds held orb trust to be permanerttly retained for the benefit of the charity as a Capital fjnd. All other income and eXpe￿J11Ure is regarded a5 ￿Ing for the 8eneral PUTpose5 of the S¢hool and is included in the general unr¢5tricted fiJnd& repr¢s¢nted by the Elizabeth Godolphin Fund. Financial instrnments B&sic financial instruments are initially reco8nised at Irdliiaction value and substqL*ntly mtasured at amortised with th¢ ex¢ewion of inv¢stmenls which are held at fair value. Financial assets held at amortised cosi eoijiprise cash ai bank and in hand, togdher with trade and other deb.ors. A specific provision is made for debis for '.viich recoverability is in doubi. Cash ai bank aThl in hand is detined ¥s all cash held in bank 8cwunts and us¢d Is working capiial. Financial liabiliiies held ￿ amortised Cosi comprise all creditors excew social 5e¢uriry and oiher t￿¢$ and provisiorts. Fixed asset$ Tangible fixed assets are yated at ¢oy less a¢¢umulaied depreciwion. D¢prwiation is ¢harg¢d on ¥ consisteni b￿1$ so as to wri¢e ofythe cosi of fixed assets, less their ￿lMa[¢d residual value. over th¢ir ¢xP￿ted us¢fiJl lives. All assets ¢￿ing more than £l,(MJO are Capit￿1$¢d. Depre¢iation is ¢harg¢d from th¢ dat¢ on whi¢h &ssets a￿ brought into use. Th¢ following ratrs ar¢ used on the siraighi line basis. Freehold I￿lIdIn Leasehold property improvemenis Astroiurf Fixiures, ¢ompui¢rs and equipmeni Plartt and Tnachinery 20/• Strdight line /0 5trdight line strai8hi line 33.3Vti straighi line 5% $trdight line The freehold building was revalued on the 23 Scptetnber 1999 by Matthews and G￿drn8n at 46 Bow Lane. Cheapside. London u5in8 the open market value. In aceordance with the transitional provi5i0Ths of FRS102 section 17, this vaJu¢ h&s not been updated. Frtthold land is not depreciated. Investmenls Invesiments are valued in ihe balance sheet 8t closing price at the balance shed datt. Realised gain5 are the difference l*t¥%%en sales proceeds and opening market value where the investment was held at the beginning of the year, or sales proceed5 less cost of purchase wher¢ th¢ investment was a¢quir¢d in the year. Unrealised gains are the change in value of inv￿MentS after tsking into a¢couni any movements in investment holdings such as purchases and disposals of inves(menis. R¢ali5¢d and un[¢￿13¢d gains ar¢ acwwit¢d for within th¢ StawD¢Dt of Finan¢ial A￿l¥ll1¢s. Debtor5 School fee and other debtors are recognised at the se(tlemeni amount d￿ after arty trade discount offered. Prepayments are valtsed ￿ the 8mouni prepaid net of any tr8de dI￿O￿ntS due. Cr¢di¢ors and provisio•s Creditors and provisions are recognised where Th¢ School has a Present obligation resuliing from a pas¢ ￿ent that will probably r¢sult in ihe iransferof fijrtdsio aihird party and the amouni due to settle the obligation can be measured or estimaied reliably. Creditors and provisions are nomially re¢ognised & their settlement amount after allowing for any trade discounts due. THE GODOLPHIP4 AI¥D LATYMERSCHOOL NOTES TO THE FINANCIAL STATEMENTS (eonilnued) FOR THE YEAR ENDED 31 AUGUST2020 ACCOUNTING POLICIES (¢ofjtinu¢d} Fees and simi18r income Fee5 receivable and charges for serrices and use ofthe premises less any allow￿¢¢% 5cholarship& bursaries grdnted by the School against those fee& but including contribution received from resiricted funds. are accounted for in the period in which ihe service is provided. DonotioD4 grants and leycies Voluntary income is accounted for as aThJ when entitlement arises. the amount Can be T¢liably quantified and the e¢onomic benefit to the School is considered probable. Investment intomt Investment income from dividend& bank balances al￿ fixed interest securities is accounted for on an aecruals basis. GrAnt Income Grani income r¢lal¢s to the Government's Coronaviws Job Reteniion Grani {CJRG) and is re￿gnISed under the a¢cNals basis in line wilh Maff ¢os(* Expenditu All expenditure is accounted for ott an accn]als btsis 8nd has Ixen classified under headings th￿ aggregate all costs relating io ihai category. Teachin8 CQStS afE the direet eosts of teaching the wpils at ihe School. W¢lfar¢ ¢osts are mainly the domestic costs of the School. Premises costs are the c051s ineurred in maintaining the premise$ ofthe SCI￿1. including rate¥ insurance and general exp¢nditur¢ on repairs and renewdls. Support cosis are ihe costs of dir¢¢tly admini51ering al￿ supporting the School's operation$. Governance costs aTr audit ftts and governors. insurance. Value Added Tax Value added tax is not rtcovcrdble and expenditure i& thereforc. shown inclusive of value ￿ded tax suffered. P¢ngion costs Th¢ Sch(x>l is a rnern￿r of the Teachers. Superwmuation Scheme run by Te8chas' Pensions. The scheme is an UDfynd¢d. d¢find benefit scheme. It is a multi-ernployer pension scheme and it is nol p055ible to identify the assets and liabiliiies of Ihe Kheme which are altributable io the school. AccordiTh8ly under FRS102 seclion 28 the scheme is attounted for as if it were a defin￿ coniiibuiion Khem¢. The &hool also ¢omril)ut¢s to a defined contribution scherne for noTrteaching stsff. The Sehool's eottlributions to pension funds for its employees are charggl io the Sthiemeni of Financial Activities on an accruals basis in th¢ year in which they fall due. Operating l¢a$es Rentals under operaiing leases are tharged on a straight-lin¢ basis over the lew terni. ¢v¢n if the payments are ]K)t made on such a basis. Benefits ￿e1Ved and receivable as ￿ incentive io sign an opeNing le85e ore similarly spread on a stTaight-line basis 0￿r the lease ttmi. NET FEES RECEIVABLE 2020 2019 Net fees recelvable eon$i$t of: Gross fees receivable Fees given as Kholarships Fees given as bursaries Fee remission for s¢aff 18,230,645 1116,7251 {1,417.434} 177.0591 17,378.842 1132,6061 (1,288,879) (85,8341 16.619.427 15.871,523 Add: Bursaries paid by resiri¢ted fvnds 170,670 379,689 Payable by parents {nd of scholarships and burwkes) £16.790.097 £16.251,212 THE GODOLPHIN AIYD LATYMER SCHOOL NOTES TO THE FINANCIAL STATEMEYTS (eottti#ued) FOR THE YEAR ENDED31 AUGUST 2020 OTHER EDUCATIONAL INCOME 2020 2019 School lunch income Music Registration fees Re8lStration dep051ts forfeited Insllran¢e commissions Managemeni fees Lettin8sthire income Sundry r¢c¢ipts 405.(￿6 545.139 115.025 4.500 31.665 iO¢X) 1.140 200 527.406 496,488 116,125 13,245 37.594 2.000 17,165 600 £I.I04,735 £1.210.623 INCOME FROM INVESTMENTS 2020 2019 Ellz4beth Godolphin F￿nd Deposii inieresi Prize Fund Dividends and interest 25.991 33.873 4,210 4.779 £30.201 £38.A$2 DONATIONS AND LEGACIES 2020 2019 Unrestrieted Fund$: Ellzubeih Godolphlfv Fund Annuity from Laiymtt FoUnd￿10n Other donations 500 50.031 19.325 19.325 50,531 Annual FutNI receipts 376.552 124,174 376,552 124.174 Total u*restriet¢d funds 395.877 174,705 Restritted Funds: Bursary fund Bursarie5 90.732 79,938 300.000 79.689 Total restrlcied funds 170,670 379,689 Total £566.547 £554.394 30 THE GODOLPHIN AND LATYMERSCHOOL NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 AUGUST 211211 ANALYSIS OF TOTAL EXPENDITURE St*ff eosts 20211 Other 2020 DepretR8tlo 21120 Total 21J20 Charitabk Acrfvltles: School Operating Costs= Prizes Teaching costs Welfare costs Premises Costs Support and governance costs FinaTKe costs 9.500 770.981 577,088 1.336,968 802.626 246.125 9.500 10.489.259 716,567 2,246,600 2,972.953 246,125 9.714.636 139.479 296.919 2,170J27 3.642 612.713 Bursaries from testriaed funds 70.670 170.670 £12,321 J61 £3.913.958 £616.355 £16,851,674 Comparative analysis oflolalupendithre St4fteosts 2019 Other tosts 2019 DtprttlAtlon 1019 Tot*1 2019 CbArit8ble Attivities: School Operating C05ts= Prizes Texhing costs Welfare costs Premises ¢04s Support and governaTKe costs Finance eosts 14.2(Kl 845,751 784208 1.493.031 734,465 285.695 14,200 10.212.579 921.402 2 J99,613 2,748.746 285,695 9,352.264 137.194 293267 2,014.281 14564 613J15 Bursaries from restriaed funds 379.6 379,690 £11.797.006 £4.537.040 £627,879 £16,961,924 31 THE GODOLPHIN AND LATYMER SCHOOL NOTES TO THE FINANCIAL STATEMENTS (tontin¥¢d) FOR THE YEAR EIYDED 31 AUGUST 2020 ANALYSIS OF TOTAL EXPENDITURE (¢t)ntiD¥ed) An#lysiy of Support Costs Teaching C0515 primartly represetrt departmentsl and related costs. Supw)rt costs can ￿ fijrther analysed as follow5.' 20217 2(119 Support And govern8nee tosts of schooling Printing stationery and postage Telephone Advertising and recwiimeni In5uran¢es Sundry expenses Legal and professional Courses atMI conferences Gov¢rnan¢¢ ¢04s 23.434 17.859 89,930 165201 190.648 191.170 95.079 29,305 24.890 15.788 142,271 159.156 191.922 63.833 108.500 28,105 £802,626 £734,465 An41ysis of gov¢rn•n EqMipmt•t CIM5trxtio Ai I Swem￿r2QI9 Additionsatcosi Wri1￿ off 20,M,167 6.943578 412.465 291206 355.(NNJ 69.(02 45,95t7 28.870.078 45.997 {256,8791 (256.8791 AI 31 Ausu5L 2020 20.798.167 6.94JJ78 412.465 34J27 355.fXI) 115ffj59 28,659.196 DtprteiiiioTh Al I SepTernt¢r2019 Char8e f(Y year Written off S)￿596 414,863 l J75.929 138,850 288.750 41250 264.163 3,642 1256379) 71.(NX) 17,750 7.780.418 616.355 {256,879 At 31 Augu￿ 2020 5.995.459 1.714,779 10.926 88.75 8,119.914 -wet PA)okVal Al 31 August 1020 £14.8VI708 £5235.rn £r2.465 a3.401 £Z66250 1115t*59 £20,519381 At 31 Au8USt 2019 £15217,571 £5J67h49 £123.715 U7.043 £284.(XKJ £69ffj62 Ql.089.6411 The freehold premises were augmented out of the endowment of the Latymer Ftsundation in I￿5. The property is to be held in perpeiuily as a pern)anent endowment. The Sole Trustee holts le8al tltle to the awts of the School. but has tto beneficial interest in thern. In Ma￿h 2006, the S¢￿?01 entered intri a long ierni lease for the use of Church premises adjoining the main School properry. The lease which is for 125 ye8r& commenced on I Seoember 2007. Reni is £235.620 per annum And it is subjeci to miew at 5-year intervals. Allied Irish Bank IGBI hold a fixed legal Charge overthe freehold land being ihe site and premises of ihe School as se¢urity for ihe loan dethiled in note 12. FIXED ASSET JNVESTMENTS 2020 2019 B￿an¢t ￿ I Sepiember 2019 Unrealised (lossl1￿InS 125.049 (8.488) 124.601 448 Bajance ￿ 31 Au8USt 2020 £116J61 £125.049 Th¢ balances as * 31 August was made up of the following.. Fixed interest Government Stocks UK Equities 16.578 99,983 16,652 108.397 £116.561 £125,049 Hisloric Cost £62,567 £62,567 Ben¥Ale Llmlt¢d This Company is a tholly owned subsidiary of the Sole Trustee. The company did not trade in the Current year or the prior year. The Net Assets as at 31 Augusi 2020 8rnounted to £100 {2019: £]￿}. 33 THE GODOLPHIN AND LATYMER SCHOOL NOTKS TO THE FINANCIAL sTATEME￿[s (continued) FOR THE YEAR ENDED31 AUGUST 202 DEBTORS 2020 2019 S¢hool fees Prepayments aml accNed itKome hcr debtors 299 253.628 43.402 160.265 34.768 £297J29 £195,033 CREDITORS: dwe within on¢ ye*r 2020 2019 Bank loan (see noie 121 Bursary Fund loan15ee note 121 Fee5 in advance Registration deposits her iaxaiion and social security her pensions Old Dolphins ASS￿l8t10￿ Text book deposit Aceruals Other ¢reditors Other creditors- Bursary Fund 455.475 250,(K)O 372.125 1.118.7(M) 284.632 32.471 72,606 335.160 129.29S 217.321 235.847 426,876 250.CQO 347.657 947.700 247,610 2.030 61,140 271.200 314,037 143,552 26.702 £3.503.632 £3.038,504 12. CREDITORS: due After rnore ¢h•M ye*r 2020 2019 Old Dolphins Associaiion Bank loan {see below) Bunary Fund loan Al.010 746.402 1,805.0 1,201,878 2.055.c￿0 £2.579,080 £3.284,556 The bank luan is repayable in inFialmenls.' Due within two to five year5 Due wiihin one to two year5 261.307 485,095 746.403 455.475 Due after more than one year Due within one ycar15tt note 111 746,402 455.475 1.201,878 426.876 £1.201,877 £1,628,754 In April 2007 The Sch(K)I twk oui a loan wth a maximum aggregate amount of£5 rnillion. of which £4,882,910 wa5 drdwdown. with th¢ Allied Irish Bank iow&ds the Cost of a building development project in ar￿ around the adjacent Church propety. The loan has been pmvided at a fixed ratr of 6.35V•. The term of th¢ loan is for 15 years commencing Sepiemb¢r 2007. In January 2014. the Godolphin and Latymer Bursary Fund tn]s*es granttyl a loan of £3.25 million io the School iowards the cost of the buildin8 developmeni proj¢a of which £3 million was drnwn down. The loan ha5 been ovided at a rate of 50/1 floatins above six-month LIBOIi with a cap of 6 'AY4 flxed for the firsi five years. The loan capital is repayable by 30 Seprember 2028. The School ¢urren(ly intends to make a minirnum repayment of £250,0￿ per over the remaining loan temi. 34 THE GODOLPHJN AND LATYMER SCHOOL NOTES TO THE FINANCIAL STATEMENTS {toftthiued) FOR THE YEAR ENDED31 AUGusf2O20 13. SPLIT OF NET ASSETS BETWEEN FUNDS Net eurrent Ilabllltles *rtd long term debt 2020 Fixed *$sets 2020 InvtstrneD15 Tot81 2020 2020 Unr¢strirted Fynds Genernl - Elizabeih Godolphin Fund Designated Annual FuThJ 5,450,326 3.802.609 777.634 9,252.935 777,634 Restrieted Funds Prize Fund Elizabeth Crane Fund 116.561 (11.435) 15.667 105.126 15.667 Endowmtnt Fun 15,068,956 (3.256,876) 11.812.080 Balanccs at 31 August 2020 £20,519282 £116,561 £1 J27.599 £21,963,442 Comparolive splitofnel ttssels befveenluffds Net eurr¢nt liabilities Ind I0￿E term debt 2019 rIX￿ •ssd$ 2019 live4tmeMts 2019 Totsl 2019 Unrestricted Funds General - Elizabeth Godolphin FutKI Desi8Thated- Annual Fund 5J88.069 2.638.615 275,532 8.226.684 275.532 Restricted Funds Prize Fund Elizabeth Crane Fund 125,049 (6.145) 15.667 118.904 15,667 EDdowmont Fynds 15.501.571 13,933,754) 11.567.817 Balance5 ai 31 Au8USt 2019 £21.089.640 £125,049 £11,010,085) £20,204,604 35 THE GODOLPHIN AND LATYMERSCHOOL NOTES TO THE FINANCIAL STATEMENTS (eolltinued) FOR THE YEAR ENDED 31 AUGUST2020 14. FUND MOVEMENTS IN YEAR Trnnsfen & inv¢5tm¢nt gainsl{losses) B218nce 4t 31 August 2020 I Sepiember 2(119 l#eom¢ Exp¢Ddil•re Re$trieted Fwnds: Prize Fund Elizabeth Crane fund Bursary Fund Bursaries 118.904 15.667 4210 (9,500) 18.4881 105,126 15.667 90,732 79,938 IgJ,7321 179,9381 134.571 174.880 {180,170) 18,488) 120.793 Endowm¢n¢ Funds 11,567.817 (432.613 676.876 11.812.080 Unrestricted Funds: Elizabeth Godolphin Fund D¢signaied- Annual Fund 8,226.684 275.532 17.896.898 (16,193.771) 547.222 (45.1201 1676,876} 9,251935 777,634 8.502,216 18.444.120 116.238,891} 1676,876) 10,030.569 £20,204,604 £18.619.(KIO £116.851.674) £18,488) £21.963.442 Comparnlivefvlld iMJYar B8l*nte at I September 2018 Tr*nsf¢rJ & investmetht ins1oo￿t$) B*lihee at 31 August 21119 Imeomt Expenditure Restrieted Funds: Prize Fund Elizabeth Crdne fund Burs2ry Fund Burs3ri 127.878 15,667 4.779 (14.201) 448 118,904 15,667 300.C4)0 79.689 1300.(K>O) (79,689) 143,545 384,468 {393.8901 448 134,571 Endowment Funds 1121kn.553 {4332151 7Y4.41Y I i.)tsi.oii Unrestritted F￿nds. Elizabeth Godolphin Fund Designated - Annual FuThl 7,527,133 233.969 17.536,239 (16.092209) 84.174 142,6111 (794,479) 8226,684 275,532 7.761.102 17,670,413 (16,134,820) (794.479) 8.502.216 £19,111200 £18.054.881 416.961,925) £448 £20.204.604 THE GODOLPHIN AND LATYMER SCHOOL NOTES TO THE FINANCIAL STATEMEf4TS (eontinued) FOR THE YEAR ENDED31 AUGUST 2020 14. FUND MOvEME￿s IN YEAR (eomtlnued) Mated Funds: Annu81 Fund This represents donation5 rec¢ived from various Sou￿¢$ which hve been designated by th¢ Gov¢rnors towards granting bur5arie$ and for Sp￿lfi¢ capitsl projects within ihe Sch(K>l. Restricted Funds: Prize Fund The prize fund represents investments held ihrnugh (￿lIter and bank deposits. The income generated is used tts fund prizes for pupils. The EIiz8b¢th Crntte FuJJd The Elizabeth Crane Fund was established in 1gJ9. and its purpose is to cncoura8e girls to widen iheir horizons beyond the core curyiculum in Eng]ish. through poety. drarna and literature. The Fund is represented by bank deposits. B•rsgry Fund The Godolphin and iatymer Bursary Fund. a separate Tr￿¢ w&$ establithra in 1977 and provides Butsary assis￿¢¢ io gir￿ at The School. Burg8rie$ This fund r¢presents donations rtteived from vaTiOUS sources which have been restricted towards the provision of bursaries. All donations have been expended in th¢ y¢ar. End wrn The Endowment fund r¢pres¢nisassets which musi be held pernianently by the charity and, in the case of the SclK)oI, 1$ the net book value of ihe freehold school prcrniscs. less borrowrd fvnds expeNled on the premises. 37 THE GODOLPHIN AND LATVMER SCHOOL NOTES TO THE FINANCIAL STATEMENI8 (continued) FOR THE YEAR ENDED 31 AUGUST2O20 I& PENSION CONTRIBUTIONS AND COMMITMENTS The Sehool participates in the T¢￿h¢[s. Perfjion S¢heme (England and Wales) ("the TPS'I for ils teaching staff. Th¢ perLsion charge for the year includes CODiriburions payable io the TPS of £1.602.384 {201*. £1,123.5991 and ai the year-end £ Nil12019: £Nill accrued in respect of ¢ontribulions to this scheme. The TPS is an unfunded muhi*employer defined benefit$ pension scheme 8overn¢d by The TeaC￿r5, Pensions Regulations 2010 las arnended} and The Teachers, Pension Sch¢m¢ Regulatiot)$ 2014 las amended). Members contribule on a'pay as you go" basis with contributions from members and ihe employer being Credited to the Ex¢hequ¢r. Retiremeni and other pension benefits are paid by publkc funds provided by Parliament. The employer ¢ontribution Me is sd by the Secreiary of Stste followin8 scheme valuations und¢rtak¢n by the Government A¢tUory's Department. The most recent actuarial valuation of (he TPS was prepared as at 31 March 2016 and the Valuation Report. which was published in Ma￿h 2019, confirmed that the employer corttribution rate for the TPS would increase from 16.4/• 10 23.6Y• from I SepteM￿r 2019. Employers are also Tequired to a Kheme adminisir8tion levy of 0.0￿/* sivin8 a total empkTry¢r ¢ontribuiion Ta* of 23.68%. The 31 March 2016 Valuation Report was prepared in a¢¢ordan¢e with the benefits 5Ct out in the scheme r¢gulations and under the appro8¢h specified io the Di￿¢t70M5. as they applied at 5 March 2019. However, the assumpiions were considered and set by the Department for Education prior to the ruling in the 'McClouthSargeant case.. This ￿se required the court5 to consider cases regarding ihe implementation of the 2015 reforms to Public S¢rvÈ¢e Pensions including the T¢a¢hers' Pensions. On 27 June 2019 the Supreme Coyn dented ihe government pemiission to appeal the Court of Appeal'5 judgment thai transiiional provisions inirodu¢ed io the TefoTmed pension s¢heme5 in 2015 gave rise to unlawful age discrimin￿lOn. The government Is respecting the Court's decision and has 58id it will engage fully with the Employment Tribunal as well &8 etnployer and rnember r¢pTes¢nwives io agree how the discrimiTiatkong will be remedi￿. A Consultation Wds launched by th¢ gov¢rnm¢ni on 16 July 2020, and closed to responses on I I October 2020. The TPS 15 subject to a cost cap mechanism which put in place to proied I￿payerS against unforeseen ¢hanges in s¢heme Costs. The Chief Secretary to the Tre&wry. having in 2019 announced ihat there would be review of this Cost cap mechanism. in January 2019 announced a pause io ihe cost cap mechanism following the Court of Appeal'5 ruliTh8 in the M¢ClouthSargeant ¢ase and until there is Certainty about the va]ue of p¢nsioDs to employees from April 2015 onwards. The pause was lifted in July 2020 and the government is prepaTill8 10 Complete the cosi control element of the 2016 valuation& which is eXp￿ted io be completed in 2021. In view of the above rulings and d￿l$ll)n$ the assumptions used in the 31 March 2016 Ac￿arIal Valu*ion may become inappropriat¢. In ihis scenario, a ¥￿uall0￿ prepared in aCcorda￿e with revised benefit5 and 5Uitably revised assumptions would yield diffe￿￿1 results than thi)se contained in the Actuarial Valuation. Until lh¢ ￿nsults110n and ihe ¢ost cap mechani5rn review are completed it is not possible to con¢lude on any financial impact or future changes to the contribuiiot) ra*s of the TPS. Aceordingly no Provision for any additional past benefii p¢nsion ¢osts is included in these financial statement& In addition the School contribuies io a defined contribui on scheme for non-ieaching staff. The pension char8e for the year includes contribuiions payable io the scheme of £245J42 (2019-. £266,50518nd ai th¢ yearvend £32.471 12019.. £2,030) Wds accrued in respeci of cOntrib￿lOn5 ts) this sch¢m¢. Total pension contributii)n5 made in the year are analysed as follows: 2020 2019 Total contributson5 during the year were: Teachtng 51aff Non-i¢xhing siaff 1.602,384 266,342 1.123.599 266.505 £1.868.725 £1.390,104 38 THE GODOLPHIN AND LATYMER SCHOOL NOTES TO THE FINANCIAL STATEMENfs (eomtinued) FOR THE YEAR ENDED31 AUGUST 2020 16. COMMITMENTS UNDER OPERATING LEASES: LEASE PAYMENTS Th¢ scknl's fitture minimum operating le¥¢ payments are as follows: EquiPme￿t 2020 2019 Within one year Between two and five years 137.185 195.¢N)O 141.924 157,450 £332,185 £2￿.374 Le&5¢ commitmenls for long-ierni leas¢hold buildings are di￿10$ed in n￿e 8. 17. RELATED PARTY TRANSACTIONS Governors. remunerntion and rtlmbllrstd tAptnses TTUSt¢¢s indemnity insurance premium of 490512019.. £2,905) was ￿ld on behalf of the governin8 body in the year. No other expenses were paid on behalf of the governing b￿- One governor Wd5 r¢imburs¢d £132 for rTavel expenses in the year12019= £98). Governors, Do**rfoths The aggregate of donations rtceived from the Governors and their wnnected partie5 in ihe year was £750 12019: £5.140}. No Governor5 were remunerated for $¢Thi￿5 provided io the School. There were no other traTh5action5 wiih related panies in ¢iiher year. I& ULTIMATE CONTROLLING PARTY The Godolphin and Latymer School {'Ihe Schwf). a registeytd ¢lMrity. is CQTrtrolled by The Godolphin and L8tymer School Found81ion {Ihe Foundaiion-l, a company limited by guarantee. chariry number 1073924. The Foundation is the Sole Trustee of the School and it$ directors constitute th¢ S¢h¢)ol's governing body. There were no lians￿[lOnS in the year with the Foundation other than the Schwl payiDg its annual audit fee of £800 {2019: £8(N)l and ind¢rnnity insurance premiums. 19. CAPITAL COMMrrMENTS At 31 August 2020 ihe School had no capital eommiiments (2019: rM) capitsl commiimentsl. 39 THE GODOLPHIN AND LATYMER SCHOOL NOTES TO THE FINANCIAL STATEMENTS {¢ontiDued) FOR THE YEAR ENDED 31 AUGUST202• 20. COMPARATIVE STATEMENf OF FINANCIAL A￿1VITIEs UTrrestri¢¢¢d Endowment Re5tritted Totsl funds Futhd$ Fwnd FMnd$ 2019 INCOME AND ENDOwmE]￿s No(e FROM.. Chgritable Aaiviiies.. Nd fees receivable Other tducational income 16251212 1,210,623 16.251.212 1,210,623 Investment5 Donations and leBa¢ies 33,873 174.705 4.779 379,689 38,652 554,394 Totsl Intom¢ 17,670,413 384.468 18,054,881 EXPENDITURE ON: Chariiable Arfivities 16.134,820 433.215 393.890 16.961.925 Tot*1 Expenditur¢ 16.134,820 433.215 393,890 16,961.925 Iyet ineomtllexpenditur¢) btfor¢ investment gains 1.535.593 (4332151 19.422} 1.092.956 Investment gains 448 448 iyet Inc4)mel(expenditsre) befor¢ Ir*n$fers l J35.593 (433,215) 18,9741 1.093,404 Transfers 14 1794.4791 794,479 14et movtment in funds 741.114 361.264 18,9741 1,093,404 Total fvnds brought forward Septernber 2018 £7.761.102 £11,206.55J £143.545 £19.111.200 Totsl funds c8rrl¢d forw•rd at 31 A￿¥￿$1 21119 14 £8.502216 £llJ67.817 £134.571 £20.204,604