## ## ## ## ## ## |Directozs appomted
by the shareholders,
who are also the trustees ofthe~,since 1 September 2019| |---| |MrJDPayne BSc,MRICS—(Chaimum) -Resigned I'rom role 3V08/2020, still atrustee
Mzs CFatah RGN—(Deputy Chaizmm) -Resigned hom role 31/08/2020, still atrustee
MsH JAmoldBSc| |Mzs SAEngland Kerr
Resigned 29/1 V2019
MrIGiifmu~PGCE
Resigned 02/07/2020
Mrs AESHowarth
DrJV~PhD, BSc,PGCE, Mod
(EdPsych), AFBPs, CPsychol
Resigned 3V08/2020
Mrs VJNicholls~MCIPD| |Mrs SPriest MAMRICS| |Mr GIScottMA (Oxon) -Appointed
Chair 01/09/2020| |Mts PMTilt
Appomted
14September 2020
MrsJTozer LLB(Hous), Solicitor, BD—Appomted Depuiy Chair 01/09/2020
Mr M Chitty BAHone (Dunebn)| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |dgbaston High School
NSOLIDATED STATEMENT
the year ended 31August 2020|for
OF FIN|Girls
ANCIAL A|CT~||| |---|---|---|---|---|---| ||Notes|Vnrestrtcmd
funds|Endow mom
frmds|Totalfunds
2020|Tata!funds
20/9| |INCOME AND ENDOWMFZKS|||||| |FROM:
Charitable
activities|2|9,684,604||9,684,604|10,174386| |Odter tradmg ectndties
lllvestul ents|4
5|50,352
118781||50,352
118,781|69,709
124,697| |Total||9,853,737||9,853,737|10368,792| |EXPENDITURE ON:
Raising funds|6|33,116||33,116|22,094| |Charitable
acdvitias:
-Educational
costs
-Establishment
costs
- Support costs
-Awards made|7|7,140,765
1,317,583
1381492|6,373|7,140,765
1317,583
1,381,492
6,373|6,840,166
1,534,303
1,539,338| |Total||9,872,956|6,373|9,879,329|9,935,901| |Losses/(galas)
on iavestmentst|12|(167,052)||(167,052)|141395| |TRANSFERS|19,20||||| |NET (EXPENDITURE)/INCOME||(186371)|(6,373)|(192,644)|574386| |NEI' MOVEMENT IN FUNDS||(186271)|(6,373)|(192,644)|574386| |BALANCE BROUGHT||20,460,859|16,035|20,476,894|19,902,608| |FORWARD|||||| |BALANCE CARRIED FORWARD||20374,588|9,662|20384350|20,476.894| ## |Gross mcome||9,853,737|10368,792| |---|---|---|---| |Total expenditure||(9,879329)|(95t35~1)| |Net income||(25,592)|432,891| |Gams/0osses)
on disposal ofaxed|asset investmenet|(29,144)|(378,438)| |NET EXPENSITURE/(INCOME)|FORTHE YEAR|(54,736)|54,453| ## |s at 31 August 2020||||Company
Nu|mber;
10631| |---|---|---|---|---|---| ||||Notes|2020|2019| |FIXEDASSETS
Tangible assets
Investments|||11
12|12,992,865
4,066,541|13,350,325
4/42, 045| |||||17,059,406|17,592370| |CURRENT ASSETS
Debtors
Cash at bank snd in hand|-unrestricted
-restricted
fimds and endowment||14|260311
4,554,374
9,662|401/01
3,905~0
16,035| |||||4,824447|4,322,576| |CREDITORS: Amounts|falling due within one year||15|{1,599,403)|(1,43 8,052)| |NET CURRENT ASSETS||||3424,844|2,884,524| |TOTAL NET ASSETS||||20/84450|20,476,894| |Endowment
funds
Designated
funds and called up share capital
Other funds
TOTAL~FUNDS|||18
19
19|9,662
15446,185
5,028,403
20784350|16,035
15,603,645
4,8572.14
20,476,894| |PIXED~||1%ores|2020
g|2019
g| |---|---|---|---|---| |Tangi1&le assets
Investmerds||11
13|12„tt92,865
4,160,748|13350325
4336~2| ||||17,153,613|17,686877| |CURRENT ASSETS||||| |Debtors
Cash atbank and. in hand|-unrestricted|14|322,411
4371,072|426PA8
3,755,459| ||-restricted funds and endowment||9,662|16,035| ||||4,703,145|4,197,742| |CREDITORS Amounts|falhng due withia one year|15|(1495,403)|(1,434,052)| |NET CURRENT ASSETS|||3,107742|2,763,690| |TOTAL NET ASSETS|||20461355|20,450467| |||18
20|9,662
15~,185|16,035
15,603,645| |||20|5,005408|4,830487| |TOTAL CHARITY FUNDS|||20361@55|20,450467| ## |dgbaston High School
ONSOLIDATED STATEMENT O
or the year ended 31August 2020|for
F C|Girls
ASH FLO|WS||| |---|---|---|---|---|---| ||||||2019| |Cash flows from operating
activities:|||||| |Net cash provided by operating
activities||||716,937|875,511| |Cash flows from investing
nativities:|||||| |Dividends
and interest from investments
Purchase ofproperty,
plant and equipment||||118,781
(195,036)|124,697
(477709)| |Proceeds kom sale of investments|||||| |-Endowment
-Unrestricted||||996,679|3,851,482| |Purchase ofinvestments|||||| |-Endowment
-Unrestricted||||(988,227)|(3,858,437)| |Net cash used in investing
activities||||(67,803)|(359,467)| |Cash flows from flnancing
activities:|||||| |Endowment
income|||||| |Expenditure
on endowment||||(6,373)|| |Net cash (used in)/generated
by fbsancing||activities||(6873)|48| |Change in cash and cash equivalents|in the reporting||period|642,761|516,092| |Cash snd cash equivalents
at the beginning||ofthe||3,921,275|3,405,183| |reporting
period|||||| |Cash snd cash equivalents
at the end|ofthe reporting|||4,564,036|3,921,275| |period|||||| |Reconciliation ofnet become to net cash flows from|||||| |operating
activities
Net income forthe reporting period||||(192,644)|5747.86| |Adjustments
for.
Gains/0osses)
on mvestments
Net expenditure/(income)
on endowments
Depreciation
charges||||167,052
6373
552,496|(141,395)
(48)
578,914| |Loss snd disposal offlxed assets
Dividends
and mterest from investments
Decrease/(increase)
in debtors
Increase m creditors||||(118,781)
141,090
161,351|(124,698)
(41,188)
29,640| |Net cash provided by operating
activities||||716937|875,511| |Analysis ofcash and cash epuvalents|2OZO|| |---|---|---| ||4/64,036|3P2I475| |Total cash and cash eqnivalents|4464,036|3+ZI~S| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |COMPARATIVE INFORMATION
- STA|TEMENT OFFINA|NCIAL ACTIVI|TIES|| |---|---|---|---|---| ||Uruestrlcted
fundsf|Endowment
funds
f.|ttestrtcted
fundsf|Totalfunds
2019| |INCOME AND ENDOWMENTS||||| |FROM:
Charitable
activities
Other trading activities
Investments|10,174386
69,709
124,649|48||10,174386
69,709
124,697| |Total|10,368,744|||10,368,792| |EXPENDEDITURE ON:
Raising Smds|22,094|||22,094| |Charitable
activities
—Educational
costs
-Establishment
costs
-Support costs|6,840,166
1,534203
1,539238|||6,840, 166
1,534,303
1439338| |-Awards made||||| |Total|9,935,901|||9rr35,901| |(Iossesi/gams
on investments|141,395|||141,395| |NET INCOME/(EXPENDITURE)|574438|||574286| |NETMO~ IN FUNDS|574285|48||574,286| |BALANCE BROUGHT FORWARD|19,886,573|15,987||19,902,608| |BALANCES CARRIED FORWARD|20,460,859|16,035||20,476,894| |INCOME FROM~ABLEACT1VKIES|2020|2019| |---|---|---| |School fees
R gistration fees
After School cover|8,740,612
24,525
61365|9835,152
26~3
97,795| |mcome
Other income fiom charitable
activities
Exceptional Government
Funding:
-Coronavirus
Job Reteufion Scheme Gnmt
-School Open forKeyWorkn's
children Grant|395277
123,853
302 tr72)
~36,tMD|572,806
142@80| ||9,684,604|10,174386| |3|SCHOOL FEES||2020|2019| |---|---|---|---|---| ||The School*s fee income compriseck|||| ||Gross fees||9,708,138|10~9tt95| ||Less:Total bursaries,
scholarships|and allowances|(967426)|(924,844)| ||||8,740,612|9835,152| |4|OTHER TRADINGA~S||2020|2019| |||||f,| ||Hhe ofschool fitcilittes||50352|69,709| |5|INVESTMENT INCOME||2020|2019| |||||6| ||Income hu listed mvestments||102,881|106~| ||Bank interest and mterest on short|term deposits|15„F00|18395| ||Endowment
tuteresx|||| ||||118,781|| |6|INVES~ COSTS||2020|2019| ||investmeut
management||33,116|22,094| |||||Page 28| |or th|e year ended 31|August 2020|||||| |---|---|---|---|---|---|---|---| |7|CHARITABLE|ACTIVITIES|EXPENDITURE|||2020|2019| ||||Stttff costs|Other costs|Deprectctton|Total|Total| ||Charitable
activities:
Educational
costs
Establishment
costs
Support costs||6,605 tt69
702,464
535335|534,796
615,119
293,660|552,497|7,140,765
1,317,583
1,381,492|6,840,166
1,534,303
1,539,338| ||Taxation
Awards made|||6373||6,373|| ||Total —2020||7,843,768|1,449$48|552,497|9,846313|9,913,807| ||Total —2019||7,566262|1,768,632|578,914||| |NET INCOME|Unrestricted
2020|funds
2019| |---|---|---| |Net income is stated after charging:||| |Depreciation
and amounts
written offtangible Exed assets:
Charge for the year: owned assets|552,496|578,914| |Operating
lease rentals;
Land and bugdings
Plant and machmery|2,048
27,308|1,031
18,420| |Auditor's
remuneration:
Audit fees current year
Non audit services
Trustee Indemnity
Insurance|30,370
2,784
268|22,900
2,972
268| ## ## |||2020|2019| |---|---|---|---| |The average weekly number ofpersons employed|by the School|No|No| |durmg thc year was:|||| |||160|155| |||70|68| |||2020|2019| |||No|No| |'Ihe average weekly number offull time equivalent|employees||| |employed by the School dming thc year was:|||| |Teachmg and allied statf||130|129| |Olhers||40|40| |||170|169| |||2020|2019| |StaBcostsforabovepersons:|||| |Wages and salaries
Social secunty costs||6,035,440
635,781|6,087,784
585~| |Olher peusion costs||1,120~9|831,436| |||7,791,450|7404,764| |The number ofemployees whose emoluments
am|ounted to over f60,000inthe year were|as follows:| |---|---|---| ||2020|2019| ||No.|No.| |Bi0,000 -&9rt99|I|I| |$70-000 —79P99|I|| |6120,000 - f129,999|I|| |f130,000-6139~9
f140,000 -f149/99||| ## ## ## ## |11|TANGIBLE FIXED ASSETS
GROUP AND COMPANY|||Plant and|| |---|---|---|---|---|---| |||Assets in|Long|machinery|| |||course of|leasehold|and ICT|| |||construction|property|hardware|Total| |||6|6||| ||Cost
1 September 2019
Additions
Disposal
Transfers|135,622
(135,622)|16,737tt55
8,760|3,879,013
186476
(71417)
135,622|20,752,590
195,036
(71,517)| ||3I August 2020||16,746,715|4,129,394|20,876,109| ||Depreciation
1 September 2019
Charged in the year
Disposal||4,192,827
317,092|3409,438
235,404
(71,517)|7,402365
552,496
(71,517)| ||31August 2020||4/09,919|3373325|7,883244| ||Net book value
31August 2020||12,236,796|756,069|12,992,865| ||31August 2019|135,622|12,545,128|669,575|13,350,325| ## |or th|
e year ended 31August 2020||||| |---|---|---|---|---|---| |12|FIXEDASSETINtrES~S
GROUP||Unrestricted
Func's|Endowment
Funds|| ||||Listed|Listed|Total| ||~value||||| ||I September 2019
Additions||4~2,045
988~4||4/42, 045
988~| ||Disp oasis
Net investment
loss||(996,679)
(167,049)||(996,679)
(167,049)| ||31~2020||4,066~1||4,066,541| ||Historical cost as at 3IAugust 2020||3949,776||3 r4t9,776| ||Historical cost as at31August 2019||3rr87,453||3887,453| |13|FIXEDASSETINVES~
COMPANY|Unlisted
(subsidiary)|U~
Frards
Listed||| ||||6||| ||Market value||||| ||I September 2019|94207|4+42,045||4336352| ||Additions||988~7||988~7| ||Disposals||(996,679)||(996,679)| ||Net investment
loss
Transkrs (seenote 17)||(167,052)||(167,052)| ||31August 2020|94907|4,066~1||4,160,748| ||Iiistorical cost as at31August 2020|100,000|3,949,776||4,049,776| ||Historical cost asat31August 2019|100,000|3987,453||4,087,453| |FIXED ASSET INVESTMENTS COMPANY (continu|FIXED ASSET INVESTMENTS COMPANY (continu|ed)||| |---|---|---|---|---| |The company
holds directly more than 10%ofthe share||capital ofthe|following undeztahng:|| ||Country of
incorporation|Class of
holding|Proportion
held|Plature of
business| |EHS (Property Services) Liuuted
Company no. 02660124|England|Ordmary|100%|Hire of
school
faczitttes| ||Split of investments
lvhuket value|between UK|and overseas:
Unlisted
f,|Listed
L|Endowment|Totalf| |---|---|---|---|---|---|---| ||UK
Overseas
Global||94307|2450,057
1,178,673
637,809||2,344+64
1,178,673
637,809| ||||942,07|4,066/39||4,160,746| ||||GROUP||COMPANY|| |14|DEBTORS||2020|2019|2020|2019| ||Due within one year:
Fees and disbursements
Other debtors
Prepayments
Amount
due fiom subsidiary||32,046
43,619
184,546|145,514
47,686
208,101|32,046
38311
184~6
67407|145,513
38,374
208,102
34359| ||undertaking|||||| ||||260411|401,301|322,410|426,248| ## |15|CREDITORS: Amouots gttgng due
wight one year|2020|GROUP
2019|COMPANY
2020
2019
f.|COMPANY
2020
2019
f.| |---|---|---|---|---|---| ||Trade creditors
Deferred income|104,765
161,424
IP33'14|162,078
135332
1,140,642|104,765
157,424
1333414|162,078
131,332
1,140,642| |||1,599,403|1,438,052|1495,403|1,434,052| ||DE~INCOME|||2020|2019| ||GROUP AND COMPANY||||| ||I Scptmnbet|||I,140,642|1,062,046| ||Additions
Released|||1333314
(1,140,642)|1,140,642
(1,062,046)| ||31August|||1333414|1.140,642| ## |ANALYSIS|OF NET ASSETS|BETWEEN FUNDS|||| |---|---|---|---|---|---| |||||Net curent|Fund| |||Fixed assets|Investments|assets|balances| ||||f,||| |Unrestricted
Designated
Other fimds
Endowment|funds:
funds
funds|12,992,865|2/50,000
1,816,541|3320
3311,862
9,662|15,246, 185
5,028,403
9,662| |||12,992,865|4,066,541|3,224,844|20,284750| ||||Ba)ance at
1 September
2019|Income|Expenditure|Investment
gain/(loss)||Transfers|Balance at
31 August
2020| |---|---|---|---|---|---|---|---|---|---| ||||E||f,||8||| |Special|funds|and|awards:||||||| |Prizes
Awards|and
fund||16,035||(6,373)||||9,662| ||||16,035||(6373)||||9,662| ## |CONSOILDATE|D UNRESTRICT|ED FUNDS:|~ I|N THEYEAR||| |---|---|---|---|---|---|---| ||Balance at
I September
2019
6|||Gains/
(loss) on
mvesiment||Balance at
31August
2020| |Designated||||||| |fends||||||| |Tmqpble Sxed||||||| |asset fund|13350325||||(357,460)|12,992,865| |Bursarics and||||||| |Scholarship||||||| |fund|2250,000|65,721|(158,150)|92,429||2250,000| ||3,320|||||3320| ||15,603,645|65,721|(158,150)|92,429|(357,460)|15446,185| |General||||||| |reserve|4,857214|9,788,016|(9,714,806)|(259,481)|357,460|5,028,403| |Total||||||| |unrestncted||||||| |Snds|20,460,859|9,853,737|P,872956)|(167,052)||20~4488| ## |OMPANY UNR|ESTRICTED FUN|DS:|IN THE|YEAR||| |---|---|---|---|---|---|---| ||Balance at
I September
2019|Income|Expenditme|Gains/
(loss) on
mvestments|Transfers|Balance at
31August
2020| ||||f.|f,||| |Designated||||||| |fends||||||| |Tangible fixed
asset fund|13,350,325||||(357,460)|12,992,865| |Burssries and||||||| |Scholarship
fund|2,250,000|65,721|(158,150)|92,429||2,250,000| |Called up
share capital|3320|||||3320| ||15,603,645|65,721|(158,151)|92,429|(357,460)|15,246,185| |General
reserve|4,830,587|9,758,411|(9,681,499)|(259,481)|357,460|5,005,508| |Total||||||| |unrestricted
fimds|20,434,232|9,824,162|(9,839,649)|(167,052)||20,251,693| ## |||2019| |---|---|---| |Equity shaxe capital
A~||| |750 ordmary
shares oH10 each|7400|| |Allotted, issued and funy paicL
332~shares of$10each|3320|3~0| ## |COMMXIMENIS UND|ER OPERATIN|G LEASES|||| |---|---|---|---|---|---| |The total Sxture minimum|lease payments|under non-cmcellabIe|operating|leases are set out below:|| |||Land and butldirgs||Equipment|| |||2020|2019|2020|2019| |Withm one year||1,870|1,870|17401|17401| |Between one and Eve yeaxs
After tive years||7,480
67320|7,480
69,190|34,402|51,603| |||76,670|78~|51,603|68,804| ## ||||EBS(Property|Sexvices) Lhnited| |---|---|---|---|---| ||||2020|2019| ||||8|8| |Managmnent
charge
Prcgts~trom
~due txv'(ttmn)||EHS~Servtcm) Limited
EBS(Property Services) Limited|29~0
20,777
(67407)|41,836
17,511
(34~9)| ## |PARENT COMPANY|PARENT COMPANY||| |---|---|---|---| |The results of the parent company are as follows:||2020|2019| |Total income||9,824,162|10,316494| |Net movement|in funds in the year|(188,912)|571,019| ## ## ##