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**Edgbaston High School for Girls** DIRECTORS, OFFICERS AND STATUTORY INFORMATION 

## PRESIDENT 

Sir Dominic Cadbury BA, MBA 

VICE PRESIDENTS 

Mr DJ Cadbury MSc, DSW, CQSW 

Her Honour Judge S Thomas LLB 

Mr Ian Marshall BA Cambridge 

## GOVERNING BODY: 

Directors appointed by the shareholders, who are also the trustees of the charity, since 1 September 2022: 

Mr M Chitty BA Hons -Chair 

Mrs A Howarth - Deputy Chair -appointed 06/09/2022 

## **Member of the Education & Welfare Committee:** 

Mrs A E S Howarth {Chair) 

Mr C Pritchard 

Mrs S Priest MA MRICS 

Mrs S Robinson 

## **Member of the Finance & General Purposes Committee:** 

Mr T GM Downing {Chair) 

Mrs C Diamente 

Mrs A Solanki - resigned 06/02/2024 Mr M Chitty BA Hons 

Mr A H  Fawzy - appointed 13/12/2023 

Ms C Robinson - appointed 09/01/2024 

## **Member of the Governance & Compliance Committee:** 

Mrs L Smiley (Chair) 

Mrs S Parveen 

Mrs R Matambo - Resigned 17/04/2023 

Mr G Scott (Oxon) Mr C Southgate - appointed 13/12/2023 

School Ambassador: Mrs C Fatah 

OGA {Old Girl's Association renamed "Laurels" during the year 22-23) representative: Mrs Anne Lacey and Mrs Elizabeth Hartley 

EHSPA (Edgbaston High School Parents Association) representative: Serna Awan 

_Page2_ 



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INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF EDGBASTON HIGH SCHOOL FOR GIRLS 

## **Opinion** 

We have audited the financial statements of Edgbaston High School for Girls (‘the charitable company) and its subsidiary (the ‘group’) for the year ended 31 August 2023 which comprise the Statement of Financial Activities, Balance Sheet, Cash Flow Statement and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). 

In our opinion the financial statements: 

- give a true and fair view of the state of the group’s affairs as at 31 August 2023 and of its income and expenditure, for the year then ended; 

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and 

- have been prepared in accordance with the requirements of the Companies Act 2006. 

## **Basis for opinion** 

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. 

## **Conclusions relating to going concern** 

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. 

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. 

## **Other information** 

The trustees are responsible for the other information contained within the annual report. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. 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. 

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 this gives rise to a material misstatement in the financial statements themselves. 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. 

_Page 18_ 



INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF EDGBASTON HIGH SCHOOL FOR GIRLS 

## **Opinions on other matters prescribed by the Companies Act 2006** 

In our opinion based on the work undertaken during our audit 

- the information given in the governors’ report, which includes the directors’ report and the strategic report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements; and 

- the strategic report and the governors’ report included within the trustees’ report have been prepared in accordance with applicable legal requirements. 

## **Matters on which we are required to report by exception** 

In light of our knowledge and understanding of the group and their environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors’ report included within the trustees’ report. 

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: 

- adequate and proper accounting records have not been kept; or 

- the financial statements are not in agreement with the accounting records and returns; or 

- certain disclosures of trustees' remuneration specified by law are not made; or 

- we have not received all the information and explanations we require for our audit. 

## **Responsibilities of trustees** 

As explained more fully in the trustees’ responsibilities statement, the trustees (who are also the directors of the group for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. 

In preparing the financial statements, the trustees are responsible for assessing the group’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the group or to cease operations, or have no realistic alternative but to do so. 

## **Auditor’s responsibilities for the audit of the financial statements** 

Our objectives are to obtain reasonable assurance about whether the financial statements are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. 

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: 

We obtained an understanding of the legal and regulatory frameworks within which the charitable company operates, focusing on those laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements. 

_Page 19_ 



INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF EDGBASTON HIGH SCHOOL FOR GIRLS 

The laws and regulations we considered in this context were the Companies Act 2006, taxation legislation, together with the Charities SORP (FRS 102). We assessed the required compliance with these laws and regulations as part of our audit procedures on the related financial statement items.  In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which might be fundamental to the charitable company’s ability to operate or to avoid a material penalty. We also considered the opportunities and incentives that may exist within the charitable company for fraud. The laws and regulations we considered in this context for the UK operations were The Education (Independent School Standards) Regulations 2014, General Data Protection Regulation (GDPR), Health and safety legislation, and Employment legislation. 

Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the Trustees and other management and inspection of regulatory and legal correspondence, if any. We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be within the override of controls by management. Our audit procedures to respond to these risks included enquiries of management, and the Audit and Risk Committee about their own identification and assessment of the risks of irregularities, sample testing on the posting of journals, reviewing accounting estimates for biases, reviewing regulatory correspondence with the Charity Commission, Independent Schools Inspectorate, Ofsted and reading minutes of meetings of those charged with governance. 

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

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

## **Use of our report** 

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


Kerry Brown Senior Statutory Auditor For and on behalf of Crowe UK LLP Black Country House, Rounds Green Road Oldbury West Midlands B69 2DG 

Date: 1 May 2024 

_Page 20_ 



## 

||`Unrestricted`|`Endowment`|`Totalfunds`|`Totalfunds`|
|---|---|---|---|---|
||`funds`|`funds`|`2023`|`2022`|
||`£`|`£`|`£`|`£`|
|`INCOMEANDENDOWMENTS`|||||
|`FROM:`|||||
|`Charitableactivities`|`11,723,737`||`11,723,737`|`10,839,396`|
|`Othertradingactivities`|`128,270`||`128,270`|`121,526`|
|`Investments`|`242,928`||`242,928`|`124,781`|
|`Total`|`12,094,935`||`12,094,935`|`11,085,703`|
|`EXPENDITUREON:`|||||
|`Raisingfunds`|`37,536`|`-`|`37,536`|`45,409`|
|`Charitableactivities:`|||||
|`-Educationalcosts`|`7,688,170`||`7,688,170`|`7,221,981`|
|`-Establishmentcosts`|`1,957,904`|`-`|`1,957,904`|`1,763,637`|
|`-Supportcosts`|`1,965,617`||`1,965,617`|`1,406,267`|
|`-Awardsmade`|||||
|`Total`|`11,649,227`|`-`|`11,649,227`|`10,437,294`|
|`Gains/(losses)oninvestments:`|`(131,719)`||`(131,719)`|`(273,443)`|
|`TRANSFERS`||`-`|`-`|`1,606`|
|`NETINCOME/(EXPENDITURE)`|`313,989`|`-`|`313,989`|`376,572`|
|`NETMOVEMENTINFUNDS`|`313,989`||`313,989`|`376,572`|
|`BALANCEBROUGHT`|`21,746,033`|`9,662`|`21,755,694`|`21,379,122`|
|`FORWARD`|||||
|`BALANCECARRIEDFORWARD`|`22,060,022`|`9,662`|`22,069,683`|`21,755,694`|





## 

||`2023`|`2022`|
|---|---|---|
||`£`|`£`|
|`Grossincome`|`12,094,935`|`11,085,703`|
|`Totalexpenditure`|`(11,649,227)`|`(10,437,294)`|
|`Netincome`|`445,708`|`648,409`|
|`Gains/(losses)ondisposaloffixedassetinvestments`|`11,251`|`54,877`|
|`NETINCOME/(EXPENDITURE)FORTHEYEAR`|`456,959`|`703,286`|





## 

||`Notes`|`2023`|`2022`|
|---|---|---|---|
|||`£`|`£`|
|`FIXEDASSETS`||||
|`Tangibleassets`|`11`|`12,547,058`|`12,459,077`|
|`Investments`|`12`|`4,813,734`|`4,631,679`|
|||`17,360,792`|`17,090,756`|
|`CURRENTASSETS`||||
|`Debtors`|`14`|`482,725`|`484,487`|
|`Cashatbankandinhand— unrestricted`||`6,172,946`|`5,629,147`|
|`-restrictedfundsand`||`9662`|`9,662`|
|`endowment`||||
|||`6,665,333`|`6,123,296`|
|`CREDITORS:Amountsfallingduewithinoneyear`|`15`|`(1,956,442)`|`(1,458,358)`|
|`NETCURRENTASSETS`||`4,708,891`|`4,664,938`|
|`TOTALNETASSETS`||`22,069,683`|`21,755,694`|
|`Endowmentfunds`|`18`|`9662`|`9,662`|
|`Designatedfundsandcalledupsharecapital`|`19`|`14,800,378`|`14,712,396`|
|`Otherfunds`|`19`|`7,259,643`|`7,033,636`|
|`TOTALCHARITYFUNDS`||`22,069,683`|`21,755,694`|






## 

||`Notes`|<br>`2023`|`2022`|
|---|---|---|---|
|||`£`|`£`|
|`FIXEDASSETS`||||
|`Tangibleassets`|`11`|`12,547,058`|`12,459,077`|
|`Investments`|`13.`|`4,907,941`|`4,725,886`|
|||`17,454,999`|`17,184,963`|
|`CURRENTASSETS`||||
|`Debtors`|`14`|`619,905`|`621,403`|
|`Cashatbankandinhand— unrestricted`||`5,913,413`|`5,343,916`|
|`-restrictedfundsand`||`9,662`|`9,662`|
|`endowment`||||
|||`6,542,980`|`5,974,98)`|
|`CREDITORS:Amountsfallingduewithinoneyear`|`15`|`(1,950,607)`|`(1,454,038)`|
|`NETCURRENTASSETS`||`4,592,373`|`4,520,943`|
|`TOTALNETASSETS`||`22,047,372`|`21,705,906`|
|`Endowmentfunds`<br>`Designatedfundsandcalledupsharecapital`|`18`<br>`20`|`9,662`<br>`14,800,378`|`9,662`<br>`14,712,396`|
|`Otherfunds`|`20`|`=7,237,332`|`6,983,848`|
|`TOTALCHARITYFUNDS`||`22,047,372`|`21,705,906`|



## 



||`2023`|`2022`|
|---|---|---|
||`£`|`£`|
|`Cashflowsfromoperatingactivities:`|||
|`Netcashprovidedbyoperatingactivities`|`1,190,591`|`605,434`|
|`Cashflowsfrominvestingactivities:`|||
|`Dividendsandinterestfrominvestments`|`242,928`|`124,781`|
|`Purchaseofproperty,plantandequipment`|`(575,946)`|`(377,557)`|
|`Proceedsfromsaleofinvestments`|||
|`-Endowment`|||
|`-Unrestricted`|`661,704`|`486,297`|
|`Purchaseofinvestments`|||
|`-Endowment`|||
|`-Unrestricted`|`(975,478)`|`(485,535)`|
|`Netcashusedininvestingactivities`|`(646,792)`|`(252,014)`|
|`Cashflowsfromfinancingactivities:`|||
|`Endowmentincome`|||
|`Expenditureonendowment`|||
|`Netcash(usedin)/generatedbyfinancingactivities`|||
|`Changeincashandcashequivalentsinthereporting`|`543,799`|`353,420`|
|`period`|||
|`Cashandcashequivalentsatthebeginningofthe`|`5,638,809`|`5,285,389`|
|`reportingperiod`|||
|`Cashandcashequivalentsattheendofthe`|`6,182,608`|`5,638,809`|
|`reportingperiod`|||
|`Reconciliationofnetincometonetcashflowsfrom`|||
|`operatingactivities`|||
|`Netincomeforthereportingperiod`|`313,989`|`376,573`|
|`Adjustmentsfor:`|||
|`(Gains)/lossesoninvestments`|`131,719`|`273,443`|
|`Depreciationcharges`|`487,965`|`481,346`|
|`Lossanddisposaloffixedassets`|||





## 

|`Dividendsandinterestfrominvestments`|`(242,928)`|`(124,781)`|
|---|---|---|
|`(Increase)/decreaseindebtors`|`1,761`|`(33,098)`|
|`Increaseincreditors`|`498,085`|`(368,049)`|
|`Netcashprovidedbyoperatingactivities`|`1,190,591`|`605,434`|





|`Analysisofcashandcashequivalents`|`2023`|`2022`|
|---|---|---|
||`£`||
|`Cashatbank`|`6,182,608`|`5,638,809`|
|`Totalcashandcashequivalents`|`6,182,608`|`5,638,809`|





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## 

## 

|`Longleaseholdproperties`|`-`|`overtheunexpiredterm`|`oftheleaseatthepointofaddition`|
|---|---|---|---|
|`Fixturesandfittings`|`-`|`over5 years`||
|`Plantandmachinery`|`-`|`over5 to10yearsona `|`straightlinebasis`|
|`ICThardware`|`-`|`over5 years`||



## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 



## 

||`Unrestricted`|`Endowment`|`Restricted`|`Totalfunds`|
|---|---|---|---|---|
||`funds`|`funds`|`funds`|`2022`|
||`£`|`£`|`£`|`£`|
|`INCOMEANDENDOWMENTS`|||||
|`FROM:`|||||
|`Charitableactivities`|`10,839,396`|||`10,839,396`|
|`Othertradingactivities`|`121,526`|`-`||`121,526`|
|`Investments`|`124,781`|||`124,781`|
|`Total`|`11,085,703`|||`11,085,703`|
|`EXPENDEDITUREON:`|||||
|`Raisingfunds`|`45,409`|||`45,409`|
|`Charitableactivities`|||||
|`-Educationalcosts`|`7,221,981`|||`7,221,981`|
|`-Establishmentcosts`|`1,763,637`|`-`|`-`|`1,763,637`|
|`-Supportcosts`|`1,406,267`|`-`||`1,406,267`|
|`-Awardsmade`|||||
|`Total`|`10,437,294`|||`10,437,294`|
|`(Losses)/gainsoninvestments`|`(273,443)`|||`(273,443)`|
|`TRANSFERS`|`1,606`|||`1,606`|
|`NETINCOME/(EXPENDITURE)`|`376,572`|`-`||`376,572`|
|`NETMOVEMENTINFUNDS`|`376,572`|`-`||`376,572`|
|`BALANCEBROUGHTFORWARD`|`21,369,460`|`9,662`||`21,379,122`|
|`BALANCESCARRIEDFORWARD`|`21,746,032`|`9,662`||`21,755,694`|





## 

|`2`|`INCOMEFROMCHARITABLEACTIVITIES`|`2023`|`2022`|
|---|---|---|---|
|||`£`|`£`|
||`Schoolfees`|`10,542,846`|`10,087,884`|
||`Registrationfees`|`27,722`|`26,463`|
||`AfterSchoolcover`|`64,449`|`59,414`|
||`Cateringincome`|`598,795`|`575,398`|
||`Otherincomefromcharitableactivities`|`489,925`|`90,237`|
|||`11,723,737`|`10,839,396`|
||`SCHOOLFEES`|`2023`|`2022`|
|||`£`|`2`|
||`TheSchool’sfeeincomecomprised:`|||
||`Grossfees`|`11,622,063`|`‘11,137,376`|
||`Less:Totalbursaries,scholarshipsandallowances`|`(1,079,217)`|`(1,049,492)`|
|||`10,542,846`|`10,087,884`|
||`OTHERTRADINGACTIVITIES`|`2023`|`2022`|
|||`S`|`S`|
||`Hireofschoolfacilities`|`128,270`|`121,526`|
||`INVESTMENTINCOME`|`2023`|`2022`|
|||`£`|`£`|
||`Incomefromlistedinvestments`|`140,058`|`124,153`|
||`Bankinterestandinterestonshorttermdeposits`|`102,870`|`628`|
|||`242,928`|`124,781`|





|`6`|`INVESTMENTCOSTS`|`2023`|`2022`|
|---|---|---|---|
|||`£`|`£`|
||`Investmentmanagement`|`37,536`|`45,409`|



|||||||`2023`|`2022`|
|---|---|---|---|---|---|---|---|
||`Staffcosts`|`|Othercosts`|`Depreciation`|||`Total`|`Total`|
||`£`|`£`||`£`||`£`|`£`|
|`Charitableactivities:`||||||||
|`Educationalcosts`|`7,145,568`|`542,602`||||`7,688,170`|`7,221,981`|
|`Establishmentcosts`|`913,278`|`1,044,626`|||`-`|`1,957,904`|`—1,763,637`|
|`Supportcosts`|`507,515`|`970,138`|`487,964`|||`1,965,617`|`1,406,267`|
|`Total— 2023`|`8,566,361`|`2,557,366`|`487,964`|||`11,611,691`|`10,391,885`|
|`Total— 2022`|`8,023,247`|`1,887,293`|`481,345`|||||





## 

|`8`|`NETINCOME`|`Unrestrictedfunds`|`Unrestrictedfunds`|
|---|---|---|---|
|||`2023`|`2022`|
|||`£`|`£`|
||`Netincomeisstatedaftercharging:`|||
||`Depreciationandamountswrittenofftangiblefixedassets:`|||
||`Chargefortheyear:ownedassets`|`487,964`|`481,345`|
||`Operatingleaserentals:`|||
||`Landandbuildings`|`1,870`|`1,792`|
||`Plantandmachinery`|`17,261`|`17,261`|
||`Auditor'sremuneration:`|||
||`Auditfeescurrentyear`|`21,690`|`18,900`|
||`Nonauditservices`|||
||`TrusteeIndemnityInsurance`|`268`|`268`|
|`9`|`EMPLOYEES`|`2023`|`2022`|
|||`No`|`No`|
||`TheaverageweeklynumberofpersonsemployedbytheSchool`|||
||`duringtheyear was:`|||
||`Teachingandalliedstaff`|`148`|`143`|
||`Others`|`71`|`72`|
|||`219`|`215`|
|||`2023`|`2022`|
|||`£`|`£`|
||`Staffcostsforabovepersons:`|||
||`Wagesandsalaries`|`6,635,216`|`6,199,927`|
||`Socialsecuritycosts`|`662,866`|`618,452`|
||`Otherpensioncosts`|`1,268,279`|`1,166,983`|
|||`8,566,361`|`7,985,362`|





||||`2023`||`2022`|
|---|---|---|---|---|---|
||||`No`||`No.`|
|`£60,000`|`-`|`£69,999`|`1`||`3`|
|`£70,000`|`-`|`£79,999`|`3`||`1`|
|`£80,000`|`-`|`£89,999`|`1`||`-`|
|`£120,000`||`-£129,999`||`-`|`]`|
|`£130,000`||`-£139,999`|`1`|||





## 

## 



|`11`|`TANGIBLEFIXEDASSETS`|||||
|---|---|---|---|---|---|
||`GROUPANDCOMPANY`|||`Plantand`||
||||`Long`|`machinery`||
|||`Assetincourse`|`_leasehold`|`andICT`||
|||`ofconstruction`|<br>`property`|`—_hardware`|`Total`|
||||`£`|`£`|`£`|
||`Cost`|||||
||`1September2022`|`172,176`|`16,820,303`|`4,286,519`|`21,278,998`|
||`Additions`||`161,419`|`414,526`|`575,945`|
||`Disposal`|`:`|`-`|`(192,279)`|`(192,279)`|
||`Transfers`|`(172,176)`|`142,053`|`30,123`|`-`|
||`31August2023`||`17,123,775`|`4,538,889`|`21,662,664`|
||`Depreciation`|||||
||`1September2022`||`5,129,706`|`3,690,215`|`8,819,921`|
||`Chargedintheyear`||`311,424`|`176,540`|`487,964`|
||`Disposal`|`.`||`(192,279)`|`(192,279)`|
||`31August2023`||`5,441,130`|`3,674,476`|`9,115,606`|
||`Netbookvalue`|||||
||`31August2023`||`11,682,645`|`864,413`|`12,547,058`|
||`31August2022`|`172,176`|`=11,690,597`|`596,304`|`12,459,077`|





## 

|`12`|`FIXEDASSETINVESTMENTS`|`Unrestricted`|`=Endowment`|||
|---|---|---|---|---|---|
||`GROUP`|`Funds`|`Funds`|||
|||`Listed`|`Listed`||`Total`|
|||`£`||`£`|`£`|
||`Marketvalue`|||||
||`1September2022`|`4,631,679`|||`4,631,679`|
||`Additions`|`975,478`|||`975,478`|
||`Disposals`|`(661,704)`|||`(661,704)`|
||`Netinvestmentlosses`|`(131,719)`|||`(131,719)`|
||`31August2023`|`4,813,734`|||`4,813,734`|
||`Historicalcostasat31August2023`|`4,465,386`|||`4,465,386`|
||`Historicalcostasat31August2022`|`4,143,836`|||`4,143,836`|





|`13`|`FIXEDASSETINVESTMENTS`|||`Unrestricted`|`Endowment`|||
|---|---|---|---|---|---|---|---|
||`COMPANY`|`Unlisted`||`Funds`|`Funds`|||
|||`(subsidiary)`||`Listed`|`Listed`||`Total`|
|||`£`||`£`|`£`|||
||`Marketvalue`|||||||
||`1September2022`|`94,207`||`4,631,679`||||
||||||||`4,725,886`|
||`Additions`<br>`Disposals`<br>`Netinvestmentlosses`||`-`|`975,478`<br>`(661,704)`<br>`(131,719)`|||`975,478`<br>`(661,704)`<br>`(131,719)`|
||`31August2023`|`94,207`||`4,813,734`||`-`|`4,907,941`|
||`Historicalcostasat31August`|`100,000`||`4,465,386`||`-`|`4,565,386`|
||`2023`|||||||
||`Historicalcostasat31August`|`100,000`||`4,143,836`||`-`|`4,243,836`|
||`2022`|||||||





## 

|`Name`|`Countryof`|`Classof`|`—Proportion`|`Nature`|
|---|---|---|---|---|
||`incorporation`|`holding`|`held`|`of`|
|||||`business`|
|`EHS(PropertyServices)Limited`|`England`|`Ordinary`|`100%`|`Hireof`|
|`Companyno.02660124`||||`school`|
|||||`facilities`|



|`Splitofinvestmentsbetween`|`UKandoverseas:`||||
|---|---|---|---|---|
|`Marketvalue`|`Unlisted`|`Listed`|`Endowment`|`Total`|
||`£`|`£`|`£`||
|`UK`|`94,207`|`1,523,967`||`1,618,174`|
|`Overseas`||`1,862,743`||`1,862,743`|
|`Global`||`1,427,024`||`1,427,024`|
||`94,207`|`4,813,734`||`4,907,941`|





## 

|||||`GROUP`||`COMPANY`|`COMPANY`|
|---|---|---|---|---|---|---|---|
|`14`|`DEBTORS`|`2023`|||`2022`|`2023`|`2022`|
|||`£`|||`£`|`£`|`£`|
||`Duewithinoneyear:`|||||||
||`Feesanddisbursements`|`82,176`|||`129,722`|`82,176`|`129,722`|
||`Otherdebtors`|`154,013`|||`119,232`|`110,823`|`85,584`|
||`Prepayments`|`246,536`|||`235,533`|`246,536`|`235,533`|
||`Amountduefromsubsidiary`||`-`|||`180,370`|`170,564`|
||`Undertaking`|||||||
|||`482,725`|||`484,487`|`619,905`|`621,403`|





## 

||||`GROUP`|`COMPANY`|`COMPANY`|
|---|---|---|---|---|---|
|`15`|`CREDITORS:Amountsfallingdue`|`2023`|<br>`2022`|`2023`|`2022`|
||`withinoneyear`|`£`|<br>`£`|`£`|`£`|
||`Tradecreditors`|`256,821`|`229,184`|`256,821`|`229,184`|
||`OtherCreditors`|`373,133`|<br>`384,936`|`373,133`|`384,936`|
||`Accruals`|`107,972`|<br>`245,565`|`102,137`|`241,245`|
||`Deferredincome`|`1,218,516`|<br>`598,673`|`1,218,516`|`598,673`|
|||`1,956,442`|<br>`1,458,358`|`1,950,607`|`_—«'1,454,038`|
||`DEFERREDINCOME`|||`2023`|`2022`|
||`GROUPANDCOMPANY`|||`£`|`£`|
||`1September`|||`598,673`|`—«‘1,565,213`|
||`Additions`|||`1,218,516`|`598,673`|
||`Released`|||`(598,673)`|`(1,565,213)`|
||`31August`|||`1,218,516`|`598,673`|
||`Deferredincomerelatestoschoolfee`|`incomereceivedinadvanceofeducationto`|||`be`|
||`providedinfutureyears.`|||||
|||||`COMPANY`||
|`16`|`FINANCIALINSTRUMENTS`|||`2023`|`2022`|
|||||`£`|`£`|
||`Financialassets:`|||||
||`Equityinstrumentsmeasuredatfair`|||||
||`value`|`4,813,734`|`4,631,679`|`4,907,941`|`4,725,886`|





|||||||`Netcurent`|`Fund`|
|---|---|---|---|---|---|---|---|
|||`Fixedassets`||`Investments`||`assets`|`balances`|
|||`£`||`£`||`£`|`£`|
|`Unrestrictedfunds:`|`.`|||||||
|`Designatedfunds`||`12,547,058`||`2,250,000`||`3,320`|`14,800,378`|
|`Otherfunds`|||`-`|`2,563,734`||`4,695,909`|`7,259643`|
|`Endowmentfunds`|||`-`||`-`|`9,662`|`9,662`|
|||`12,547,058`||`4,813,734`||`4,708,891`|`22,069,683`|



|||`Balanceat`|||||||`Transfers`|||`Balanceat`|`Balanceat`|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||`1September`|||||`Investment`|||`£`||`31`|`August`|
|||`2022`||`Income`|`Expenditure`||`gain/(loss)`||||||`2023`|
||||`£`|`£`|`£`||`£`||||||`£`|
|`Special`|`fundsand`|`awards:`||||||||||||
|`Prizes`|`and`|||||||||||||
|`Awards`|`fund`|`9,662`||`-`||`-`||`-`|||`-`||`9,662`|
|||`9,662`||`-`||`-`||`-`|||`-`||`9,662`|



## 



||`Balanceat`|||`Gains/`||`Balanceat`|
|---|---|---|---|---|---|---|
||`1September`|||`(losses)on`||`31August`|
||`2022`|`Income`|`Expenditure`|`investment`|`Transfers`|`2023`|
||`£`|`£`|`£`|`£`|`£`|`£`|
|`Designated`|||||||
|`funds`|||||||
|`Tangible`|||||||
|`fixedasset`|`12,459,077`||||`87,982`|`12,547,059`|
|`fund`|||||||
|`Bursariesand`|||||||
|`Scholarship`|||||||
|`fund`|`2,250,000`|`113,548`||`(131,719)`|`18,171`|`2,250,000`|
|`Calledup`|||||||
|`sharecapital`|`3,320`|||||`3,320`|
||`14,712,397`|`113,548`||`(131,719)`|`106,153`|`14,800,379`|
|`General`|||||||
|`reserve`|`7,033,636`|`11,981,387`|`(11,649,227)`||`(106,153)`|`7,259643`|
|`Total`|||||||
|`unrestricted`|||||||
|`funds`|`21,746,033`|`12,094,935`|`(11,649,227)`|`(131,719)`||`22,060,022`|





||`Balanceat`|||`Gains/`||`Balanceat`|
|---|---|---|---|---|---|---|
||`1September`|||`(losses)on`||`31August`|
||`2022`|`Income`|`Expenditure`|`_investments`|`Transfers`|`2023`|
||`£`|`£`|`£`|`£`|`£`|`£`|
|`Designated`|||||||
|`funds`|||||||
|`Tangiblefixed`|||||||
|`assetfund`|`12,459,077`||||`87,982`|`12,547,058`|
|`Bursariesand`|||||||
|`Scholarship`|||||||
|`fund`|`2,250,000`|`113,548`||`(131,719)`|`18,171`|`2,250,000`|
|`Calledup`|||||||
|`sharecapital`|`3,320`|||||`3,320`|
||`14,712,397`|`113,548`||`(131,719)`|`106,153`|`14,800,378`|
|`General`|||||||
|`reserve`|`6,983,847`|`11,853,117`|`(11,493,480)`||`(106,153)`|`7,237,332`|
|`Total`|||||||
|`unrestricted`|||||||
|`funds`|`21,696,244`|`11,966,665`|`(11,493,480)`|`(131,719)`||`22,037,710`|





## 

|`21`|`SHARECAPITAL`|`2023`|`2022`|
|---|---|---|---|
|||`£`|`£`|
||`Equitysharecapital`|||
||`Authorised:`|||
||`750ordinarysharesof£10each`|`7,500`|`7,500`|
||`Allotted,issuedandfullypaid:`|||
||`332ordinarysharesof£10each`|`3,320`|`3,320`|



## 

|`Thetotalfutureminimumleasepaym`<br>`below:`|`entsundernon-c`|`ancellableopera`|`tingleasesareset`|`out`|
|---|---|---|---|---|
||`Landand`|`buildings`|`Equipment`||
||`2023`|`2022`|`2023`|`2022`|
||`£`|`£`|`£`|`£`|
|`Withinoneyear`|`1,870`|<br>`1,870`|`21,163`|`17,201`|
|`Betweenoneandfiveyears`|`7,480`|`7,480`|`83,935`||
|`Afterfiveyears`|`61,710`|`63,580`|||
||`71,060`|`72,930`|`105,098`|`17,201`|



## 



## 

## 

||`EHS(Property`<br>`2023`<br>`£`|`Services)Limited`<br>`2022`<br>`£`|
|---|---|---|
|`Managementcharge`<br>`ProfitsdistributedfromEHS(PropertyServices)Limited`<br>`Amountsdueto/(from)EHS(PropertyServices)Limited`|`106,312`<br>`43,939`<br>`(180,370)`|`72,951`<br>`11,196`<br>`(170,563)`|
|`Noneoftheabovebalancesaresecured.`|||
|`Therearenootherrelatedpartytransactions.`|||
|`PARENTCOMPANY`|||
|`Theresultsoftheparentcompanyareasfollows:`|||
||`2023`|`2022`|
||`£`|`£`|
|`Totalincome`|||
||`12,094,934`|`11,085,412`|
|`Netmovementinfundsintheyear`|`313,989`|`376,573`|





## 

##