| Governors, Officers and Advisers |
1-2 |
|---|---|
| Report ofCouncil | 3 -'17 |
| Independent Auditor's Report |
18-21 |
| Consolidated Statement ofFinancial Activities |
22 |
| Balance Sheets | 23 |
| Consolidated Cash Flow Statement |
24 |
| Accounting Policies |
25-28 |
| Notes to the Financial Statements | 29-40 |
| Nominating | Body | Body | Finance & | Education | Investment | Nominationa | International | ||
|---|---|---|---|---|---|---|---|---|---|
| General Purposes |
Committee | Committee (Rotating |
& Governance |
Development Committee |
|||||
| Committee | Chair) | Committee | |||||||
| SWarshaw, BA(appointed 14thJanuary 2021)Chair |
1 | ||||||||
| EABingham, OBE,MIPA, MABRP, DBA (resigned 11thDecember 2021) REondy, Vice Chair t |
1 1 |
||||||||
| . | NRGullifer, MA Professor CTyerman, MA, DPhil (Oxford), FRHisS |
1 1 |
Chair | Clialr | |||||
| SGrodzinski, QC t g (resigned 24th September 2021) |
1 | ||||||||
| ERiche, BSc,MBA I't (resigned 15th October 2021) |
1 | ||||||||
| CSpooner, BA,MA g (resigned 24th March 2021) | 1 | ||||||||
| Dr SRana, PGCE,BA,MScPhD (resigned 31stDecember | 2021) | 1 | |||||||
| SSoskin | 1 | ||||||||
| RDatnow, BA,MA, Dip LP | 1 | ||||||||
| SAdams, RIBA,FRSA t | 3 | ||||||||
| CRodrigues, CBE,MBA, MA t | 1 | ||||||||
| CMoynihan, BA,MA (appointed 6October 2020, resigned 21stJuly 2021) EZiff, OBE,DLHon, DBA (appointed 29th September 2021) |
4 1 |
Chair | |||||||
| SLewis (resigned 28th January 2021) | 1 | ||||||||
| PWood (appointed 16thJune 2021) |
1 | ||||||||
| A Rao, B(Eng), MBA (appointed 22October 2021) | 1 |
| 2021 | 2020 | 2019 | |
|---|---|---|---|
| Feeassistance Trips/books/exam fees assistance |
61,259,000 61,000 |
E'1,143,000 K8,000 |
61,130,000 618,000 |
| Number ofbursary awards of 75'/o or more Number ofbursary awards ofup to 75'/o |
48 30 |
48 7 |
52 7 |
| Number offull-time equivalent bursaries |
60 | 54 | 57 |
| Scholarship awards Number ofscholarship awards |
6260,000 58 |
6226,000 47 |
E146,000 42 |
| Other fee discounts Number of other fee discounts |
6186,000 14 |
6183,000 15 |
6183,000 17 |
| Total number ofawards Total number offull-time equivalent awards |
150 81 |
117 74 |
118 73 |
| for the year ended 31A | ugu | st 2021 | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted- | Restricted | Total | Total | ||||
| Notes | Funds | Funds | Funds | Funds | |||
| 2021 | 2020 | ||||||
| 6000 | 6000 | f000 | 6000 | ||||
| Income and endowments | |||||||
| Donations and legacies | 886 | 109 | 995 | 1,853 | |||
| Charitable activities: |
|||||||
| School fees Other educational income Other ancillary income Other income |
24,572 324 28 |
(142) | 24,430 324 |
23,005 234 14 |
|||
| Other trading activities: | |||||||
| UCSFacilities - turnover UCSIS - turnover |
978 | 97S | 1,154 | ||||
| Other | 166 | 166 | 440 168 |
||||
| Investments -gross income |
38 | 57 | |||||
| Total income | 26,958 | 5 | 26,963 | 26,925 | |||
| Expenditure | |||||||
| Raising funds: | 5 | ||||||
| UCSFacilities UCSIS Loan interest and bank charges Costs ofgenerating voluntary income Financing costs arising from Advance Fee Scheme |
682 167 128 182 26 |
682 167 128 182 26 |
722 503 182 141 30 |
||||
| Charitable activities Investments - management |
fees | 24,756 | 90 2 |
24,S46 2 |
' | 23,732 2 |
|
| Total expenditure | 25,941 | 92 | 26,033 | 25,312 | |||
| Net gains/(losses) on investments |
103 | 103 | (6) | ||||
| Net income | 1,017 | 16 | 1,033 | 1,607 | |||
| Transfers between funds | 13 | 1,781 | (1,781) | ||||
| Net movement in funds |
2,798 | (1,765) | 1,033 | 1,607 | |||
| Reconciliation offunds: |
|||||||
| Total funds brought forward | 25,304 | 2,798 | 28,102 | 26,495 | |||
| Total funds carried forward | 13 | 28,102 | 1,033 | 29,135 | 28,102 |
| Notes | Group | Group | Charity | Chgrift/ | ||||
|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | 2021 | 2020 | |||||
| 6000 | f000 | 6000 | f'000 | |||||
| Fixed assets | ||||||||
| Tangible Assets | 27,569 | 28,603 | 27,449 | 28,428 | ||||
| Investments | 1,120 | . | 980 | 1,120 | 980 | |||
| Total fixed, assets | 28,689 | 29,583 | 28,569 | 29,408 | ||||
| Current assets | ||||||||
| Stocks | 111 | 128 | 39 | 47 | ||||
| Debtors Bank term deposits (more than 3months to maturity) Cash atbank and in hand |
10 | 1,049 8,422 |
3,010 1,000 4,526 |
1,803 7,459 |
2,878 1,000 4,081 |
|||
| Total cuxrent assets | 9,582 | 8,664 | 9,301 | 8,006 | ||||
| Liabilities | ||||||||
| Creditors: Amounts | falling due 'within one year | (7,304) | (7,487) | (6,717) | (6,603) | |||
| Net current assets | 2,278 | 1,177 | 2,584 | 1,403 | ||||
| Creditors: Amounts | falling due after more than one year | 12 | (1,832) | (2 658) | (1,832) | (2,658) | ||
| Total net assets ' |
29,135 | 28,102 | 29,321 | 28,153 | ||||
| The funds ofthe Group/Charity | ||||||||
| Restricted income | funds | 1,033 | 2,798 | 1,033 | 2,798 | |||
| Unrestricted funds Fixed assets fund Total unrestxicted funds |
13 | 4,112 23,990 28,102 |
1,434 23,870 25,304 |
4,298 23,990 28,288 |
1,485 23,870 25,355 |
|||
| Total Group/Charity | funds | 29,135 | 28,102 | 29,321 | 2S,153 |
| Consolidated Statement ofCash Fl for the year ended 31August 2021 |
ows | |||||||
|---|---|---|---|---|---|---|---|---|
| Total | Total | Total | Total | |||||
| Notes | Funds | Funds | Funds | Funds | ||||
| 2021 | 2021 | 2020 | 2020 | |||||
| 6000 | f'.000 | OOOO | 6000 | |||||
| Cash flows from operating activities: | ||||||||
| Net cash provided by operating activities |
3,421 | |||||||
| Cash flows from investing activities: |
||||||||
| Dividends and interest |
42 | 57 | ||||||
| Proceeds from the sale ofproperty, plant and |
equipment | 28 | 1 | |||||
| Purchase ofproperty, plant and equipment Purchase ofinvestments Net cash used in investing activities |
0,637) (37) (1,604) |
(2,103) (37) (1,604l ~f-.M l |
(2,082) | |||||
| Cash flows from financing activities: | ||||||||
| Repayments ofborrowing |
(877) | (877) | ||||||
| Decrease/(Increase) in bank deposits (more than 3months Net cash generated / (used in) by financing activities |
to maturity) | 1,000 ~m |
123 | (1,000) (1,877) |
(1,('f77) | |||
| Change in cash and cash equivalents in the |
year | 3,896 | (538) | |||||
| Cash and cash equivalents at.the beginning |
ofthe year | 4+26 | 5,064 | |||||
| Cash and cash equivalents at the end ofthe |
year | 8,422 | 4,526 | |||||
| Reconciliation ofnet income tonet cash flow from operating | activities | |||||||
| Net income for the year asper the Statement ofFinancial Activities | 1,033 | 1,607 | ||||||
| Adjustments for: |
||||||||
| Depreciation and amortisation charges (Gains)/losses on investments |
2,671 ('103) |
2,747 6 |
||||||
| Dividends and interest Profit on the disposal offixed assets |
(42) (28) |
(57) | ||||||
| Decrease in stocks | 17 | 73 | ||||||
| Decrease/(Increase) in debtors Decrease in creditors |
1,961 (132) |
(664) (291) |
||||||
| Net cash provided by operating activities |
3,421 | |||||||
| Analysis ofcash and cash equivalents | ||||||||
| Cash in hand | 8,422 | 4,526 | ||||||
| Total cash and cash equivalents | 15 | 8,422 | 4,526 | |||||
| At 1st | Other | non- | At 31st | |||||
| Analysis ofnet debt | September | Cash | cash | August | ||||
| 2020 | Flows | Changes | 2021 | |||||
| Cash Cash Equivalents |
6000 4,526 1,000 |
6000 3,896 (1,000) |
f300 | 6000 . 8,422 |
||||
| Loans falling due within one year Loans falling due after more than one year |
5,526 (877) (L578) |
2,896 | 877 | 8,422 (877) (701) |
||||
| 3,071 | 2,896' | 877 | 6,844 |
| Accounting policies |
|||
|---|---|---|---|
| Abbreviations | |||
| The following abbreviations are used in these financial statements: |
|||
| The Group - University College School and its subsidiary undertakings |
|||
| UCS International Services Limited and UCS Facilities |
|||
| The School and the Charity -University College School |
|||
| UCSIS - UCS International Services Limited |
|||
| FHCT - Frognal Bducationa1 Charitable Trust | |||
| Charities SORP (FRS102)- Statement ofRecommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ofIreland (FRS102)second edition effective 1January 2019. |
|||
| FRS102 - the Financial Reporting Standard applicable in the UK and Republic SoFA - Statement ofFinancial Activities |
ofIreland | ||
| VAT - Value Added Tax | |||
| The members ofCouncil are also referred to in this report as the Trustees | or the Governors. | ||
| Basis ofpreparation and assessment ofgoing concern |
|||
| The financial statements have been prepared under the historical cost convention transaction value or, in the case offixed asset investments, at fair value. |
with | items recognised atcost, | |
| The presentation currency isthe British Pound and the level ofrounding |
used in | the report is to the nearest %000. | |
| The financial statements have been prepared in accordance with the Charities SORP (FRS102),FRS102 and the Charities Act 2011and UK Generally Accepted Practice. |
|||
| The Group represents apublic benefit entity as defined by FRS102. |
|||
| The Trustees consider that there are no material uncertainties about the asagoing concern. |
Group's | or School's ability to continue | |
| Basis ofconsolidation | |||
| The consolidated SoFA, the consolidated balance sheet and the consolidated statement |
ofcash flows include | ||
| the financial statements ofthe Group made up to31August 2021. |
| ot | es to the financial statements for the year ended 31August |
2021(continued) | |
|---|---|---|---|
| 1 | Accounting policies (continued) |
||
| The Group holds the following financial assets and liabilities: | |||
| Assets: | |||
| Fixed Asset investments | |||
| Short term debtors and accrued income | |||
| Short term (&1year) treasury deposits, all with Barclays Bark pic.Deposits with a maturity date ofless than 3months after the balance sheet date are included as cash atbank and in hand in the balance sheet, and as |
|||
| cash and cash equivalents in the statement ofcash flows. Deposits with amaturity date of more than 3 |
|||
| months after the balance sheet date are included as bank term deposits in the balance sheet. |
|||
| Liabilities: | |||
| Bank loans | |||
| Short term creditors | |||
| Financial assets are recognised when the Group becomes contractually | entitled toreceive cash or other | ||
| financial assets from a third party. | |||
| Financial liabilities are recognised when the Group incurs alegal or constructive obligation to deliver cash or |
|||
| another financial asset to a third party. | |||
| Financial assets and liabilities, both short- and long-term, are initially |
measured at transaction |
price and are | |
| subsequently measured at amortised cost, except for investments which are measured at fair |
value. | ||
| Liquid Resources | |||
| These are cash or investments which can be withdrawn within 3months, |
|||
| School Trust Funds . |
|||
| These trust funds represent funds donated to the School for specific purposes. Further details |
ofeach fund are | ||
| disclosed in note 13. | |||
| Fund accounting | |||
| Unrestricted funds are available touse tofurther any ofthe purposes |
oEthe Charity. Designated funds are |
||
| unrestricted funds which the trustees have decided at their discretion Restricted funds are tobe used in accordance with specific instructions ofeach fund are disclosed in note 13. |
to set aside for aspecific purpose. imposed by the donors. Further details |
| ot | es to the financial state | ments for the |
ments for the |
year ended 31August | 2021(continued) | ||||
|---|---|---|---|---|---|---|---|---|---|
| 2 | Income and Endowments | and Charitable | Adivities | 2021 | 2021 | 2D2D | 2020 | ||
| Unrestricted | Restricted | Unrestricted | Restricted | ||||||
| 6000 | 6000 | 6000 | EOOD | ||||||
| Donations and Legacy income | 886 | 109 | 793 | 1,060 | |||||
| School fee income comprised: | |||||||||
| Gross Fees | 26,125 | 24,565 | |||||||
| Less; Bursary costs | (1,119) | (142) | (1,009) | ('i42) | |||||
| Scholarships | (260) | (226) | |||||||
| Staff fee remissions | ' (174) | (183) | |||||||
| 24,572 | (142) | 23,147 | ('142) | ||||||
| 3 | Charitable activities - other unrestricted |
income | 2021 | 2020 | |||||
| 8NO | f900 | ||||||||
| Other educational income |
comprised: | ||||||||
| Fee insurance receipts |
15 | 13 | |||||||
| Registration fees |
192 | 167 | |||||||
| Courses and other tuibon | 10 | 9 | |||||||
| Other | 107 | 45 | |||||||
| 324 | 234 | ||||||||
| Other ancillary income comprised: | |||||||||
| Refectory receipts and other income | |||||||||
| Other income comprised: Profit on disposal offixed assets Other trading activities comprised: |
28 ~28~ |
||||||||
| UCS Facilities - turnover UCSIS - turnover |
978 | 1,154 440 |
|||||||
| Other - Cor'onavirus Job |
Retention | Scheme Grant i"CJRS")' | 133 | 153 | |||||
| Other - UCSISDeferred | Tax | 32 | 12 | ||||||
| Other - Commission | 1 | 3 | |||||||
| 1,144 | 1,762 | ||||||||
| "There were no unfulfilled assistance during the year. |
conditions | in respect ofthe CJRS grant income and this is the only form ofgovernment | |||||||
| 4 | Investments -gross income |
2021 | 2021 | 2020 | 2020 | ||||
| Unrestricted | Restricted | Unrestricted | Restricted | ||||||
| QNO | 6IOO | f800 | 6000 | ||||||
| Bank interest receivable | 19 | ||||||||
| Dividends | 38 | ||||||||
| 38 | 19 |
| penditure | ||||||
|---|---|---|---|---|---|---|
| Staff | Other | 2021 | 2020 | |||
| costs | costs | |||||
| 6l00 | 6000 | 6000 | f000 | |||
| Raising funds (unrestricted expenditure): |
||||||
| UCSFacilihes | 234 | 682 | 722 | |||
| UCSIS | 167 | 167 | 503 | |||
| Loan interest and bank charges | 128 | 128 | 182 | |||
| Costs ofgenerating voluntary income |
119 | 63 | 182 | 141 | ||
| Financing costs arising from Advance | FeeScheme | 26 | 26 | 30 | ||
| Teaching Activities | ||||||
| Ages 11-18 | Ages 7-10 | Ages 4-6 | 2021 | 2020 | ||
| 6IOO | 8XIO | 6l00 | 6t00 | f800 | ||
| Charitable activities: |
||||||
| Teachers' payroll and pensions costs | 9/26 | 2,070 | 1,019 | 12,915 | 12+36 | |
| Other teaching costs | 1,025 | 251 | 84 | 1/60 | 1,261 | |
| Teaching support staff payroll and pensions costs | 726 | 200 | 76 | 1,002 | 1,016 | |
| Teaching costs | 11/77 | 2/21 | 1,179 | 15,277 | 14,813 | |
| Staff and pupil welfare - payroll costs | 562 | 109 | 671 | 567 | ||
| Staff and pupil welfare - non-payroll | costs | 579 | 86 | 20 | 685 | 523 |
| Staff and pupil welfare costs | 1,141 | 195 | 20 | 1456 | 1,090 | |
| Property running costs - payroll costs |
660 | 182 | 69 | 911 | 878 | |
| Property running costs - non-payroll |
costs | 1,959 | 215 | 145 | 2@19 | 1,983 |
| Property running costs |
2,619 | 397 | 214 | 3,230 | 2,861 | |
| Administrative support —payroll costs |
1,035 | 285 | 191 | 1,511 | 1,417 | |
| Administrative support - non-payroll |
costs | 679 | 25 | 7 | 711 | 745 |
| Administrative support costs |
1,714 | 310 | 198 | 2,222 | 2,162 | |
| Grants, awards and prizes | 103 | 2 | 105 | 63 | ||
| Governance costs |
33 | 9 | 39 | |||
| Depreciation | 2,450 | 95 | 69 | 2,614 | 2,704 | |
| Total Charitable Expenditure |
19,637 | 3/29 | 1,6SO | ~24846 | ~23,732 |
| 2021 | 2021 | 2020 | 2020 |
|---|---|---|---|
| Unrestricted | Restricted | Unrestricted | Restricted |
| 6000 | 6I00 | f000 | f'000 |
| 15 | 90 | 4 | 59 |
| Coinparativesfor2020 | Teaching | Teaching | Activities | |||
|---|---|---|---|---|---|---|
| Ages 11-18 | Ages 7-10 | Ages 4-6 | 2020 | |||
| f000 | 8000 | f000 | 8000 | |||
| Charitable activities: |
||||||
| Teachers' payroll and pensions costs | 9,512 | 2,058 | 966 | 12,536 | ||
| Other teaching costs Teaching support staff payroll and pensions costs Teaching costs |
933 731 11,176, |
241 206 2,505 |
87 79, . 1,132 |
1,261 1,016 14,813 |
||
| Staff and pupil welfare - payroll costs | 465 | 102 | 567 | |||
| Staff and pupil welfare - non-payroll | costs | 428 | 80 | 15 | '523 | |
| Staff and pupil welfare costs | 893 | 182 | 15 | 1,090 | ||
| Property running costs - payroll costs |
632 | 178 | 68 | 878 | ||
| Property running costs - non-payroll |
costs | 1,585 | 250 | 148 | 1,983 | |
| Property running costs |
2,217 | 428 | 216 | 2,861 | ||
| Administrative support -payroll costs |
956 | 269 | 192 | 1,417 | ||
| Administrative support - non-payroll |
costs | 704 | 29 | 12 | 745 | |
| Administrative support costs |
1,660 | 298 | 204 | 2,162 | ||
| Grants, awards and prizes | 60 | 3 | 63 | |||
| Governance costs |
30 | 9 | 39 | |||
| Depreciation | 2,510 | 120 | 74 | 2,704 | ||
| Goodwill amor tisation | ||||||
| Total Charitable Expenditure | 18,546 | 3,545 | 1,641 | 23,732 |
| Seiiior School, 254 (2020 - 255)for the Junior Branch and 96(2020- | 98)for th | e Pre-Prep. | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Net income on the Statement ofFinancial Activities includes: | 6N)0 | 6000 | ||
| Audit fees - included in Governance costs Audit fees - forUCS Facilities, included in costs ofraising funds |
35'5 | 32 5 |
||
| Audit fees - for UCSIS, .included in costs ofraising funds | 4 | 4 | ||
| Other fees toauditors | 7 | 6 | ||
| Lease payments recognised as an expense - included in property |
running | costs | 80 | 80 |
| Profit on disposal offixed assets | (28) |
| Staff costs | |||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| EOOD | -EOOD | ||||
| The costs ofemploying | staff in the year are analysed | below: | |||
| Wages and salaries Social security costs Employer pension contributions |
13,489 1,441 2,657 |
12,984 1,402 2,573 |
|||
| 17,587 | 16,964 | ||||
| The average number | of | employees in the year was: | 2021 | 2020 | |
| Teaching staff - | Senior School | 142 | 136 | ||
| Junior Branch | 30 | 31 | |||
| Pre-Prep | 22 | 23 | |||
| Support staff | 157 | 170 | |||
| UCSFacilities | 45 | 47 | |||
| 396 | 407 |
| The number ofemployees in E60,000was: |
the G | roup | whose annualis | ed emo |
luments (excluding pensio |
n costs) | exceede | d | ||
|---|---|---|---|---|---|---|---|---|---|---|
| E60,001 -f70,000 | 2021 32 |
2020 32 |
||||||||
| E70,001 - E80,000 E80,001-f90,000 |
16 2 |
14 3 |
||||||||
| E90,001 - E100,000 | 2 | 3 | ||||||||
| E100,001 - E110,000 | 2 | 1 | ||||||||
| E110,001 - E120,000 | 1 | |||||||||
| E170,001 - f180,000 | 1 | |||||||||
| Key management personnel |
||||||||||
| The trustees have delegated | day-to-day | management | ofthe operations ofthe schools to | the Headmaster, | who | |||||
| isassisted by his senior leadership | team. The senior leadership | team comprises the Heads ofthe | Junior Branch | |||||||
| and the Pre-Prep, the Vice-Master | and | the Director of | Finance | &Operations. Total remuneration | and benefits | |||||
| received by the Headmaster and E922,000(2020 - f1,034,000). |
the senior leadership | team (together "key management | personnel" )was |
| Tangible fixed assets - Group | |||||
|---|---|---|---|---|---|
| Freehold | Short | Co-owned | Plant and | Total | |
| Property | Leasehold | Property | Equipment | ||
| Property | |||||
| 6000 | 6000 | 6000 | 6000 | OOOO | |
| Cost at1September 2020 Additions Disposals Cost at31August 2021 |
54,865 1,078 (5,939) 50,004 |
943 | 65 65 |
5,519 559 (459) 5,619 |
61,392 1,637 (6,398) 56,631 |
| Depreciabon at 1September 2020 Charge for'year Disposals Depreciation at 31August 2021 |
28,899 1,788 (5,939) 24,748 |
650 47 697 |
3,240 836 (459) 3,617 |
32,789 2,671 (6,398) 29,062 |
|
| Net BookValue at31August 2021 | 246 | 65 | 2,002 | 27+69 | |
| Net Book Value at 1September 2020 | 25,966 | 293 | 65 | 2,2?9 | 28,603 |
| Tangible fixed assets -Charity | |||||
| . Freehold | Short | Co-owned | Plant and | Total | |
| Property | Leasehold | Property | Equipment | ||
| Property | |||||
| 6000 | 6000 | FOOO | 680 | ||
| Cost at1September 2020 Additions Disposals Cost at31August 2021 |
54,865 1,078 (5,939) 50,004 |
370 370 |
65 65 |
5,122 558 (459) 5,221 |
60,422 1,636 (6,398) ~55,665 |
| Depreciation at1September 2020 Charge for year Disposais Depreciation at31August 2021 |
28,899 1,788 (5,939) 24,745 |
124 | - | 3,018 780 (459) 3,339 |
31,994 2,615 (6,398) ~25,211 |
| Net BookValue at31August 2021 | 25,256 | 246 | 65 | 1W2 | 2'7,449 |
| Net Book Value at 1September 2020 | 25,966 | 293 | 65 | 2,104 | 28,428 |
| Fixed Asset Investments | -Group | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Fair value at 1September Additions at cost Net realised and unrealised Fair value at31August |
gains/(losses) | inyear | 6000 980 37 103 1,120 |
6000 949 37 (6&) 980 |
| Cost as at31August | 990 | 948 |
| Other | Total | ||||
|---|---|---|---|---|---|
| investments | |||||
| (at market | |||||
| value) | |||||
| Balance at 1September 2020 Additions at cost Net realised and unrealised gains in year Balance at 31August 2021 |
EOOD 980 37 103 ~1,120 |
EOOD 980 . 37 103 ~1,120 |
|||
| Realised and | unrealised gains |
and losses are taken tothe SoFAin the year in which they arise. | |||
| Analysis ofOther Investments | held at31August 2021-Group and Charity | ||||
| Investments | comprising | more than 5%oftotal other investments: | 2021 | 2020 | |
| Schroder | Charity Multi Asset Fund | 8)00 989 |
EOOD 891 |
||
| Cash | 102 | 60 | |||
| Other investments by asset |
class; | 2021 | 2020 | ||
| 6000 | 6000 | ||||
| UKEquities | 96 | 95 | |||
| Overseas | Equities | 611 | 510 | ||
| Bonds | 86 | 80 | |||
| Multi-asset | funds | 17 | 30 | ||
| Other | 183 | 182 | |||
| Cash | 127 | 83 | |||
| 1,120 | 980 |
| 2021 | 2020 | ||
|---|---|---|---|
| 6000 | EOOD | ||
| Charitable activities Total income |
452 452 |
||
| Raising funds | (167) | (503) | |
| Donation to University | College School | (167) | '(51) |
| Net expenditure | ~(167) | (.")) | |
| Total assets Total liabilities Net liabilities |
546 (732) (186) |
931 (952) (51) |
| Turnover are summarised below: |
, |
sae | ens, | ||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| 6000 | 6000 | ||||
| Cost ofsales Administrative Profit Distribution to Retained Profit |
expenses UCS |
978 (520) (129) 329 (329) |
1,154 (533) (176) 445 (445) |
||
| Total assets Total liabilities Net assets |
329 (329) . |
365 (365) |
|||
| Debtors | |||||
| Group | Group | Charity | Charity | ||
| 2021 | 2020 | 2021 | 2020 | ||
| 6000 | 6000 | 6IQQ | 6000 | ||
| School fees Loans tostaff Prepayments and accrued income FECT UCSIS UCS Facilities Othe~ debtors |
24 216 600 |
76 209 1,002 675 1,048 |
24 216 591 223 673 76 |
76 209 1,002 675 171 644 101' |
|
| 1,049 | 3,010 | 1,803 | 2,878 |
| Creditors: amounts falling due within one year |
|||||
|---|---|---|---|---|---|
| Group | Group | Chazity | Charihj | ||
| 2021 | 2020 | 2021 | 2020 | ||
| 6000 | f800 | GNNI | 8)00 | ||
| Trade creditors Bank ofIreland loan Fees in advance (note 12) Taxation and social security Refundable deposits Accruala Other creditors |
1,169 877 534 368 1,471 729 2,156 |
1,861 877 662 364 1,469 930 1/24 |
1,134 877 534 368 1,471 211 2,122 |
1,525 877 662 364 1,469 419 1,287 |
' |
| 7@04 | 7,487 | 6,717 | 6,603 |
| Group | Group | Charity | Charity | ||
|---|---|---|---|---|---|
| 2021 | 2020 | 2021 | ' 2020 | ||
| 6000 | f.'000 | 6000 | 5000 | ||
| Co-ownership loan Bank ofIreland loan Fees in advance |
65 636 1,131 1+32 |
65 1,513 1,080 2,658 |
65 65 636 1,513 1,131,1,080 lg32 2,658 |
| nk loans in total are repayable over periods as shown below: | ||
|---|---|---|
| 2021 | 2020 | |
| After 5years Within 2to5yars Within 1to2years |
6000 65 636 |
6000 65 636 877 |
| Within 1year | 701 877 |
1478 877 |
| 1,578 | 2,455 |
| rents may enter into acontract topay to the School the equivalent ese advance payments canbe returned in certain circumstances. s will be applied as follows: |
ofbetween 3and 30terms' tuition fees in advance. Assuming pupils remain in the School, these advance |
|
|---|---|---|
| 2021 | 2020 | |
| After 5years Within 2to5years Within 1to2years |
6000 276 548 307 |
6000 224 448 408 |
| Within 1year | 1.131 534 |
1,080 662 |
| 1,665 | 1,742 |
| Balance at 1September 2020 New contracts |
Balance at 1September 2020 New contracts |
6000 1,742 |
|---|---|---|
| Amounts | accrued tocontracts | 582 26 |
| Amounts Balance |
credited to termly fee invoices at31August 2021 |
2,350 (685) 1,665 |
| Unrestricted funds - Group |
Fixed | ||
|---|---|---|---|
| Accumulated | Assets | Total | |
| Fund | Fund | ||
| E000 | EOOO | EOOO | |
| Balance at 1September 2020 Surplus for the year Transferred from restricted funds Transfer toFixed Assets Fund Balance at31August 2021 |
1,434 1,017 1,781 (120) 4,112 |
23,870 120 23,990 |
25,304 1,017 1,781 ~28,102 |
| restricted funds-Chit |
|||
|---|---|---|---|
| ary | Fixed | ||
| Accumulated | Assets | Total | |
| Fund. | - Fund | ||
| Balance at 1September 2020 Surplus for the year Transferred from restricted funds Transfer toFixed Assets Fund Balance at31August 2021 |
EOOO 1,485 1,152 . 1,781 (120) 4,298 |
EOOO 23,870 120 23,990 |
EOOO 25+55 1,152 1,781 ~28,280 |
| stricted funds -Group and Charity | ||||||
|---|---|---|---|---|---|---|
| Balance at | Transfer | Income | Realised | Expenditure | Balance at | |
| 1September | offunds | and | 31August | |||
| 2020 | unrealised | 2021 | ||||
| gains | ||||||
| EOOO | EOOO | EOOO | EOOO | EOOO | ||
| School Trust Funds | ||||||
| Prize Fund Bursary Fund Retired Masters' Fund CILTFund Project Kl |
519 315 156 2 25 |
20 108 6 |
55 33 16 |
(81) (143) (8) (2) |
513 313 170 |
|
| Sixth Form Project | 1,781 | (1,781) | ||||
| Eldar Tuvey Economic Research Grant Total School Trust Funds |
2,798 | (1,781) | 12 | (2341 | ~3,033 |
| Balance at | Cash flow | Balance at | ||||||
|---|---|---|---|---|---|---|---|---|
| 1 | September | 31August | ||||||
| 2020 | 2021 | |||||||
| 6000 | 660 | 680 | ||||||
| Cash | atBank | and | in | hand | 4,526 | 3,896 | 8,422 | |
| 4+26 | 3,896 | 8,422 |
| Tangible | Investments ' |
Net current | Long-term | 2021 | 2020 | ||
|---|---|---|---|---|---|---|---|
| fixed | and | assets/ | liabilifles | Total | Total | ||
| assets | goodwill | liabilities) | |||||
| Restricted Funds | 6000 | 6000 | 6000 | 6000 | 6NO | 6000 | |
| School Trust' | Funds | 1,120 | (87) | 1,033 | 2,798 | ||
| Unrestricted | Funds | ||||||
| Accumulated Fixed Assets |
Fund Fund |
2,001 25,568 |
3,242 (877) |
(I,'l31) (701) |
4,112 23,%0 |
1,434 23,870 |
|
| 27,569 | 1,120 | 2,278 | (1,832) | 29,135 | 28,102 |
| Tangible | Investments | Net current | Long-term | 2021 | 2020 | ||
|---|---|---|---|---|---|---|---|
| fixed | and | assets/ | liabilities | Total | Total | ||
| assets | goodwill | (liabilities) | |||||
| Restricted Funds | 6000 | 6000 | 6000 | 6000 | 6000 | 6000 | |
| School Trust | Funds | 1,120 | (87) | 1,033 | 2,798 | ||
| Unrestricted | Funds | ||||||
| Accumulated Fixed Assets |
Fund Fund |
1,881 25,568 |
3,548 (877) |
(1,131) (701) |
4,298 23,990 |
1,485 23,870 . |
|
| 27,449 | 1,120 | 2,584 | (1,832) | 29,321 | 28,153 |